Speaker 1: I don't believe nobody should have guns. It don't make
Speaker 1: sense for civilians, the police, it doesn't even make sense.
Speaker 1: It's just kind of stupid. But because one person got
Speaker 1: one motherfucking gun, I got all the guns. I got
Speaker 1: as many guns as I could have, Like, I feel
Speaker 1: like having guns everywhere because I never know where that
Speaker 1: one person is going to use that one gun. Black
Speaker 1: people are naturally conservative, naturally conservative, right, the most racist
Speaker 1: of Rednecks in their minds are conservative. Black people will
Speaker 1: go through any motherfucking measure to never be considered what
Speaker 1: a racist white man is, so they don't want to
Speaker 1: identify as socially conservative. But it reminds me of some gangship,
Speaker 1: the Fruittown Parrules and Compton. The Fruittown Padrules geographically is
Speaker 1: a West side Compton gang. The separation I think it's
Speaker 1: at Alameda. Maybe Will, but I think it's Alameda that
Speaker 1: separates the east and the west side of Compton. The
Speaker 1: west side Pules and the Fruit Town have kind of
Speaker 1: had this long standing conflict that's not really a beef.
Speaker 1: I think they've beef before, but it's more of just
Speaker 1: a conflict where they don't like each other to some degree.
Speaker 1: So the fruit Town's disdained for them. It's so deep
Speaker 1: that geographically they identified incorrectly as an east Side gang
Speaker 1: just so they don't have to have west Side attached
Speaker 1: to their name. Yeah that's crazy, mind you. West Side
Speaker 1: Paru Paru Street is in west Side Paru hood. That's
Speaker 1: where Peru started at, in west Side Paru, right off Central.
Speaker 1: I mean, I get it, I mean, but yeah, yes,
Speaker 1: I guess it's divisions. People wanted to separate and be
Speaker 1: like even though this doesn't necessarily make sense, it makes
Speaker 1: they make it makes sense to like in their own mind,
Speaker 1: I guess, to prove a point or to just separate themselves.
Speaker 1: They don't want to be identified as the with with
Speaker 1: them right. So so that's how black people are when
Speaker 1: it comes to being there socially conservatives. Most black people
Speaker 1: feel like you should own guns. Oh yeah, in the church,
Speaker 1: own guns. Don't like taxes like small. The biggest confort
Speaker 1: to me is there's there's kind of like this suggestion,
Speaker 1: like I get and understand I don't like her trust
Speaker 1: government in general. I totally get why black people don't
Speaker 1: like her trust. But then they advocate for like a
Speaker 1: lot of big government intervention in social programs or what not,
Speaker 1: the kind of I don't don't have both. At the
Speaker 1: same time, I don't think they advocate for it. At
Speaker 1: least they're used as a football for advocation for it.
Speaker 1: That's all the Democratic Party really does exactly like they
Speaker 1: don't know. But what happens is they take advantage. It's
Speaker 1: like me, I don't believe nobody should have guns. Nobody,
Speaker 1: though not the police. Nobody should have guns because I
Speaker 1: get why people gonna fight militaries, is gonna fight countries,
Speaker 1: is gonna fight out. I'm not even gonna get into
Speaker 1: why they have guns. I'm saying the police, right, I'm
Speaker 1: saying civilians or a low level Okay, you're saying low
Speaker 1: level outside of military used to fault like there should
Speaker 1: not even be guns used on American soil. That nobody
Speaker 1: should have guns us you should be against military based property.
Speaker 1: So my thing is because one person has one gun,
Speaker 1: I got seventeen guns. Yeah you would have seventeen. Think
Speaker 1: about it because one girl has a seventeen but he
Speaker 1: can't say that. No, No, I don't want that many guns.
Speaker 1: But because one person, I don't believe nobody should have guns,
Speaker 1: don't make sense for civilians the police, it doesn't even
Speaker 1: make sense. This is kind of stupid. But because one
Speaker 1: person got one motherfucking gun, I got all the guns.
Speaker 1: I got as many guns as I could have, Like,
Speaker 1: I feel like having guns everywhere because I never know
Speaker 1: where that one person is going to use that one
Speaker 1: gun and I may need to be prepared. No seilingts
Speaker 1: g L my boy, Pete Pepe, we back at it.
Speaker 1: I got my partner Metro in here. Man, this is
Speaker 1: my fucker. We go back. He's one of the few
Speaker 1: people I selected that I was like, yo, he's smart,
Speaker 1: Like I'm him here. It's a couple of dudes that
Speaker 1: that always kept around me that I thought that they
Speaker 1: were smart. You know, they served. They served the same
Speaker 1: purpose I think I served myself, challenging my intellect. A
Speaker 1: couple of people that can do that, um the luxury
Speaker 1: to think, yeah, he's what's funny is this particular situation now?
Speaker 1: This is dope. Forgive me because I'm telling your business
Speaker 1: Metro economically was like going through a lot. Metro comes through.
Speaker 1: It comes from a decent background. You feel me like
Speaker 1: his pops is a lifelong social work, uh service worker,
Speaker 1: you know as far as to the community of a fireman.
Speaker 1: You know what I mean, he makes great money. Metro
Speaker 1: grew up like his his dad had a nice place,
Speaker 1: you know, his mom still was in you know, in
Speaker 1: the neighborhood. So he had a choice. But he's somebody
Speaker 1: who had to me he found time to think. A
Speaker 1: podcast or two ago, we were talking about um people
Speaker 1: not afforded the luxury of time to think. Yeah, you know,
Speaker 1: they get so distracted with being a husband, being a parent,
Speaker 1: being broke. It's a lot of paid his bills, I'm
Speaker 1: on drugs, I'm in jail. You're trying to rob me
Speaker 1: a thou and things to think that, so then they
Speaker 1: have to use group thought just as a conveniance. Ma,
Speaker 1: you just had this whole argument on the phone about
Speaker 1: the most profitable business in America is conveniced. Mhm. That's
Speaker 1: making people the wealthiest convenience, which speaks to how lazy
Speaker 1: Americans are, like niggas is lazy bro like to the
Speaker 1: point where when he said a business and convenience, it
Speaker 1: could be could be one or two things. It can
Speaker 1: be you either really lazy. Convenced matters if you're lazy,
Speaker 1: or if you're really efficient. Sure. But but even then,
Speaker 1: I think efficient is still related to quality. I mean,
Speaker 1: you're efficient with your time if you're a work a
Speaker 1: hollock and you're incredibly productive, and the difference in your
Speaker 1: you know, return from getting fifteen hours of working in
Speaker 1: a day or sixteen hours of working in a day
Speaker 1: might be if you're an attorney, might be winning or
Speaker 1: losing a case. So that extra hour convenienced the world.
Speaker 1: But think also elsod I just worked. Smart work is
Speaker 1: what matters more so than just hard work. If their
Speaker 1: heart work matter, or the hour, the number of hours
Speaker 1: you're putting in the construction workers would make the most
Speaker 1: money in the world, or the Mexicans at home depot
Speaker 1: or something. You know what I'm saying that the stereotype
Speaker 1: of it. But what I was saying is it's convenient.
Speaker 1: Prime example, right, whoever came up with the drive through
Speaker 1: that was a part of in and out? Right? Who
Speaker 1: invented that? I think it was in and out, in
Speaker 1: and out. I think it's the first because McDonald's didn't
Speaker 1: have it first. McDonald's created burgers and fries as that
Speaker 1: tandem fast fast food. Well White Castle theoretically at burgers first,
Speaker 1: So I think they mastered the model of fast food.
Speaker 1: But I think in and Out I'm not quite sure.
Speaker 1: Don't quote me, cup, but I think in and Out
Speaker 1: created the concept of the drive through every over the founder. Yeah,
Speaker 1: I watched it time. I hate Ray crocun Us. May
Speaker 1: he rest in piss, but I'm just against capitalists. So
Speaker 1: Ray crock is the perfect example. I just wish I
Speaker 1: could dig him up and kill them again. But I
Speaker 1: feel so bad for the mcdonals. But hold, but we
Speaker 1: could go that. So look, so anyway, it's like twenty
Speaker 1: five cars, because in the drive through at McDonald's, i'm
Speaker 1: no short of twenty cars somewhere close to. I was counting,
Speaker 1: but the line got so long I couldn't count. I
Speaker 1: would have to get out and go walk around. I'm like, yeah,
Speaker 1: I'm not gonna wait in this line. I get out,
Speaker 1: parked my car, walk in. It's one person in front
Speaker 1: of me that's waiting on their food. We did that
Speaker 1: in Popeyes to two weeks ago. Yes we did, Yes,
Speaker 1: we did. Oh yeah, I just did it to and
Speaker 1: yesterday it was thirty cars. So I think intellect deciphers, right,
Speaker 1: I think intellect deciphers, because um, I don't think everything
Speaker 1: about what we do. Once we choose to think it,
Speaker 1: does it become about efficiency changes. So things built for
Speaker 1: convenience don't necessarily rule our life, like some people automatically
Speaker 1: always think convenience rules our life. It's like, oh, I
Speaker 1: gotta go through the drive to what's the fastest, not
Speaker 1: even thinking it might be more convenient for me to
Speaker 1: park my car, get out, walk in, get my food,
Speaker 1: lead and then people still in the same damn line.
Speaker 1: So I think also people if you get out, yeah something,
Speaker 1: it's maybe a laziness and not want to get out.
Speaker 1: But if you're sit in the parking lot and you
Speaker 1: gotta wait in the line, everybody got a cell phone,
Speaker 1: so people hop on line start scrolling, so the way
Speaker 1: isn't as bad, but the length of time, you know,
Speaker 1: I mean, you against your food fifteen minutes faster, But
Speaker 1: some people just don't care to kill the extra fifteen
Speaker 1: minutes and be on that. They just don't want to
Speaker 1: get out of their car. That's probably the main part.
Speaker 1: I think people go there with the hope that they're
Speaker 1: going to be both. They're gonna be lazy and efficient
Speaker 1: at the same time, and when presented with a choice,
Speaker 1: you can see who's who, and you know nine people
Speaker 1: will choose lazy or efficient efficient. You can see who's who. Yeah,
Speaker 1: you can see who's who. And that's the story of
Speaker 1: my life because seeing who's hope and Metro is who's hope.
Speaker 1: He's a. He's a He finds ways in time to think,
Speaker 1: to educate himself. And I'm saying, in the process and
Speaker 1: make the most out of his situation. So that's how
Speaker 1: we're That's how we became friends. We started working just
Speaker 1: because he came with somebody that a buddy of mins
Speaker 1: wanted me to help me with. But we became friends
Speaker 1: because I realized his brain. Most of my friends are
Speaker 1: people that can challenge me and thought, I don't have
Speaker 1: friends that agree with me, like not really friends, like
Speaker 1: if I chose you, like it's different. My homeboys is
Speaker 1: my homeboys because we grew up together. But like the
Speaker 1: niggas who I choose as friends. You know, whether it's
Speaker 1: my partner Jay, you you know, wand or man Sore
Speaker 1: or Metro or head all challenge my intellect. Yeah, are
Speaker 1: people who crave knowledge and perspective. So you're not gonna
Speaker 1: get that. Say that again, knowledge and knowledge and perspective.
Speaker 1: That's another part that people want to get away from perspective.
Speaker 1: So so I brought you here. You feel me outside
Speaker 1: of the fact you just release two projects. We don't
Speaker 1: really promote music and ship, but but I thought that
Speaker 1: was ill that we always talked about this, and this
Speaker 1: goes to kudos to how cold you are as a
Speaker 1: grinder and how you really decided what something was going
Speaker 1: to be and then made it happen where you said,
Speaker 1: a g I want to be able to just put
Speaker 1: out people from my label and I'm like, well, you'll
Speaker 1: be able to do it, and he's like, well, I'm
Speaker 1: gonna figure out economically how to get myself in position.
Speaker 1: So I'm not worried that you know whether or not
Speaker 1: it makes money eventually that success because you know obvious
Speaker 1: that's but it's not important. So I want to make
Speaker 1: sure me and Pete give you a clap because putting
Speaker 1: out the key of ship right and the kena what's
Speaker 1: it called infatuated and shout out to the harmy freedom,
Speaker 1: Homy cash boy, tax free tax for me his project
Speaker 1: before I go taxes and jail for me, But they
Speaker 1: got the project out of time. I just want to
Speaker 1: make sure, we clap it up for you because that
Speaker 1: was something you told me five years ago, and I
Speaker 1: remember that ship. I appreciate that ship. Feel to set
Speaker 1: a goal five years ago and then come through with it,
Speaker 1: because now you're kind of starting to do that often. Yeah,
Speaker 1: because I tell her, I kind of tell people what
Speaker 1: I'm gonna do. And it's the people that surround me,
Speaker 1: people I respect because it holds me accountable too, because
Speaker 1: I know, even though they might not say nothing, in
Speaker 1: the back of their mind, it's like, oh, this, did
Speaker 1: he do what he said he was gonna do. And
Speaker 1: I always try to stand on my character and like
Speaker 1: that's the main important thing, like just being a man
Speaker 1: of my word, and like that's just important. And it's
Speaker 1: like I remember the day is when I just made
Speaker 1: beats and I was just like I just want to
Speaker 1: be able to hear my beats in the car, you
Speaker 1: know what I'm saying. And then being able to want
Speaker 1: to hear him here somebody wrap on it. They be like, man,
Speaker 1: I want to hear real. I want to go to
Speaker 1: Circuit City or Best Buy and go get my shot,
Speaker 1: and to be able to do that with you, Like
Speaker 1: you know what I'm saying, and being there, Like I
Speaker 1: just learned a lot from Like manifestation is real, like
Speaker 1: thoughts become things, like what you think about the most,
Speaker 1: it becomes your reality. Like it just it's real. It
Speaker 1: sounds like some hocus pocus, it sound like bs, but
Speaker 1: if you think it enough and you really believe it,
Speaker 1: like you put the working behind it, it uppen. So like, yeah,
Speaker 1: to be where we are now with it, I feel
Speaker 1: like I feel like the start of the third quarter.
Speaker 1: That's like I might be down while like sixteen or something,
Speaker 1: but it's like it do feel like the start come
Speaker 1: back when Kobe threw that I'll leave the shock that
Speaker 1: was down seventeen and starts the fourth quarter and then
Speaker 1: he had to go to work on one of the
Speaker 1: greatest defenders and ever, Yeah, we like that's for real, bro,
Speaker 1: we really that Laker team. That's the two the Lakers,
Speaker 1: yea hey, And that was the start of the three
Speaker 1: p That's what was so crazy. That was when they
Speaker 1: kept losing and people was kind of wondering, are they're
Speaker 1: gonna get it? Portland was at number one. See, people
Speaker 1: was wondering that they have it, and then they was
Speaker 1: down and people was looking like, man, this team is
Speaker 1: not gonna get it done, and they just really like
Speaker 1: put it out And that was the start of that
Speaker 1: three p that dynasty almost did not happen. Like if
Speaker 1: you think any team down seventeen started the fourth quarter
Speaker 1: game seven, you at home, the crowd was just looking
Speaker 1: like they are not it and you have the a
Speaker 1: they made it happen. What's so ill about that? Too?
Speaker 1: Was like when Shock dunked in and he was like
Speaker 1: pointing up. He was pointing up to his son, Sharif.
Speaker 1: That's what he was doing. He was pointing out Sharif
Speaker 1: his son, Like you see that like us? What's crazy
Speaker 1: is right? I feel like that's where we are where
Speaker 1: the two thousand Lakers. Like, people see that we got something,
Speaker 1: but they're like, yo, can they bring it together? For sure?
Speaker 1: I feel like, um, like we were really down seventeen
Speaker 1: like right now we like now, I think people seeing
Speaker 1: us kind of they don't know where mounting a comeback,
Speaker 1: Like we're in that huddle when they're seventeen down and whatever.
Speaker 1: Phiel was saying, it's like, yo, this is the time.
Speaker 1: And what's funny about that seventeen point deficit is Kobe
Speaker 1: had to make a choice that he was the key
Speaker 1: because that team was a perimeter threat team to a degree.
Speaker 1: Scottie Pippen is obviously an all time great defender, so
Speaker 1: Kobe had to go to work even with that dunk.
Speaker 1: That's a Kobe lob, like, you gotta break down. Scottie
Speaker 1: Pippen one of the greatest defenders, if not the first,
Speaker 1: the second greatest small forward defender in history. Shout out
Speaker 1: because he used He saw it work on Jordan, so
Speaker 1: he hitting with the cross right, he hitting with the
Speaker 1: cross broking and tossed the lib up. Yeah, it's funny
Speaker 1: how sometimes also, like we're scores, some of their best
Speaker 1: players are passage Kobe passing it to Ronald testing him
Speaker 1: hitting that three and then kissing to the crowd. Everybody
Speaker 1: was like, don't shoot, Like you know what I'm saying,
Speaker 1: y'all titles, I got it. That's why you have a team.
Speaker 1: So I brought you out here to talk crypto ship
Speaker 1: because y'all both always pushing that crypto ship the crypto space,
Speaker 1: and I funk with it. Do you funk with the idea? Look?
Speaker 1: Just because I felt with something only nine adults sinning
Speaker 1: against the most you thing ever happen exactly. That's what
Speaker 1: I tell him. It's the most mathematical thing ever. And
Speaker 1: you're a status status do who's the numbers? Guys? So
Speaker 1: if you and it's heterarchical not hierarchical, I believe it's
Speaker 1: a phrase like it's it's not it's not built like
Speaker 1: like the Google's system of the world is built like
Speaker 1: a pyramid. This is built like the Great Wall of China.
Speaker 1: Sure you know there there isn't a singular gatekeeper. It's
Speaker 1: it is the most democratized economic system of all time.
Speaker 1: It's the idea of America. It's gonna bring back like, yeah,
Speaker 1: what our founding fathers was, like freedom, liberty, and pursue
Speaker 1: the happiness. It's like kind of help people fulfill that again.
Speaker 1: But do you understand why I don't funk with it
Speaker 1: because you you're you always say when I want to
Speaker 1: cash out, which I think that is where you go wrong.
Speaker 1: You don't cash out when you buy a big point.
Speaker 1: That's when you cashed out, when you got rid of
Speaker 1: that the trash. So so, but let me ask you
Speaker 1: a question, right, So, let's say, theoretically, m M, the
Speaker 1: people that print money, the people that have the most
Speaker 1: vested interests in printing money probably right, one of the
Speaker 1: wealthiest groups of people breathing there right, Um, they decided
Speaker 1: to start fighting back. Mind you, we're talking about how
Speaker 1: many generations of wealth. But they're already starting to adopt
Speaker 1: it though. Yeah, they're not gonna have adopted uh, because
Speaker 1: it don't make sense for the people who print money
Speaker 1: to adopt a democratic system where everything is fair. Why
Speaker 1: would somebody who has an advance in Bank of Turkey
Speaker 1: because of what happened in Turkey with that exchange, they said,
Speaker 1: you know what, we probably should step in and we'll
Speaker 1: be the ones that hold it and help out with this.
Speaker 1: So these so it's they don't run off with it.
Speaker 1: And now I don't know if you want to have
Speaker 1: a central entity controlling a decentralized thing. Well that that's
Speaker 1: why people custody their own keys. That's why people having
Speaker 1: enough research the first ruling crypto is not your keys,
Speaker 1: not your coins. If you don't own the custody to
Speaker 1: your keys and they're sitting on an exchange, on coin base,
Speaker 1: on robin hood, whoever owns that can do like that
Speaker 1: dude in Turkey didn't just bounce up out of here
Speaker 1: and be in Albania with two billion dollars. It's gonna
Speaker 1: happen more. But but but that's the pointed. Humans are greedy,
Speaker 1: so you need to protect yourself against people's greed. But
Speaker 1: that's my point I'm saying to you. Right, so when
Speaker 1: the people that print money, right, the people who control
Speaker 1: the press to the money, right, they decide that this
Speaker 1: is at this point, this is a threat to our establishment, right,
Speaker 1: they figure out they're planning to fight back. Right, then
Speaker 1: you'll still need to take coins, right, You still need
Speaker 1: to take crypto coins at that point, right, and turn
Speaker 1: them into something that you can pay tax with. To
Speaker 1: not confuse I think, to not confuse people, or not
Speaker 1: to worry yourself. If you should only put money in
Speaker 1: there that you're okay with losing. So if it blows
Speaker 1: up and it goes to poof, well too bad, that
Speaker 1: might have been the illest thing. That's it, So that
Speaker 1: you don't have to worry about it it. Don't put
Speaker 1: your whole life savings, they'll go sell your house, don't
Speaker 1: go do none of that. Take five percent of your
Speaker 1: money and put it there and don't worry about it
Speaker 1: for ten years. And then look up which I think
Speaker 1: is brilliant. Right, that's all you really have to do.
Speaker 1: But like I said, so, so my fears, right is
Speaker 1: if I move economics, which that actually is brilliant, And
Speaker 1: you never said that, So kiss my ask for never
Speaker 1: saying that, because that kind of looks up my whole
Speaker 1: point here, at my whole point, man, I think. I mean,
Speaker 1: I don't know, man, It's like it's like the internet. Man,
Speaker 1: it's like electricity. It's just something that's inevitable at this point.
Speaker 1: And it's like the rabbits, it's Pandora's boxes open. It's
Speaker 1: like it's not going backwards. You've got people in government
Speaker 1: like you got the Louis Louis legislation in Louisiana like
Speaker 1: putting it's like, bro, this is just not going backwards
Speaker 1: from here. Yeah, it's if you look back at I
Speaker 1: think that there's two ways to look at You can
Speaker 1: look at it for the for the technology that it is,
Speaker 1: or you can try to look at it like it's
Speaker 1: a currency. It's not going to be a currency. It's
Speaker 1: not a currency. It's like both of those. Well, I
Speaker 1: think you'll have in two different because there's bitcoin the
Speaker 1: capital B, and then there's bitcoin because there's the asset
Speaker 1: and then there's the currency. It's the technology and then
Speaker 1: the currency. It's two parts. Understand that the crisis, the
Speaker 1: crisis and currency right now is that you can't have
Speaker 1: to put in like simple terms, there's six plus trillion
Speaker 1: dollars a day and currency global currency trade that exists.
Speaker 1: You can't have a scale the way itself. The scale
Speaker 1: is either weighing something else or its weight on another scale.
Speaker 1: The scale can't weigh itself because that violates the metric
Speaker 1: standard of value. To me, I look at at decentralized
Speaker 1: crypto technology and yeah, and and bitcoin, the Bitcoin blockchain
Speaker 1: network for what it is looking forward, Bitcoin is not
Speaker 1: going to be the new currency. It's it's it's become
Speaker 1: so speculative that it can't hold a standard of value.
Speaker 1: What it is going to become is basically the it's
Speaker 1: the largest virtual infrastructure in the world. It's a it's
Speaker 1: a it's a trillion plus dollar valued virtual infrastructure. You're
Speaker 1: starting to see decentralized apps and other ecosystems and whatever
Speaker 1: else built on top of that because it's so large
Speaker 1: and so secure that people have figured out a way
Speaker 1: through clarity, smart contract languages, and wrapping and other things
Speaker 1: to are now, like the way Amazon or you know,
Speaker 1: hosts everybody's website and app, they are hosting everybody's security
Speaker 1: transactional capacity on there. There's other ones that don't, but
Speaker 1: they have such a huge enormous market share, and as
Speaker 1: you start to see that happen more, it's gonna sustain
Speaker 1: the value of it. But you're not looking at it
Speaker 1: as a currency. You're looking at as as a as
Speaker 1: a virtual infrastructure for security, and it's still lonely maybe
Speaker 1: one to three of what is gonna be. So it's
Speaker 1: gonna stabilize that it's ten million dollars a coin or something,
Speaker 1: then the fluctuations won't be as much of it's fifty
Speaker 1: million dollars a coin, eighty million dollars a coin, it'll
Speaker 1: the pallette is so big, like right now, we're still
Speaker 1: in such an early stage at the beginning. If something's
Speaker 1: gonna live for three hundred years, four hundred years, and
Speaker 1: we're watching the first thirteen years of it, it's like
Speaker 1: it's like if a grown man lives and you're watching
Speaker 1: the embryo in in two months inside the mom and
Speaker 1: it's going to become an adult, grown man, and you're
Speaker 1: seeing that part of it, trying to like gauge what
Speaker 1: it's going to become. Like you know what I'm saying,
Speaker 1: it's still so early that like even for like we've
Speaker 1: been talking about it since two thousand and sixteen, even me,
Speaker 1: even me seeing something as silly as doge back in
Speaker 1: two thousand and sixteen and researching it and really looking
Speaker 1: like okay, because I'm thinking, like other people think, right now,
Speaker 1: that's just getting into the space. Oh maybe there's gonna
Speaker 1: be another the next big coins. From reading those marketing
Speaker 1: books twenty two immutable laws of marketing, like the first
Speaker 1: Mover's advantage, those kind of laws in places like is
Speaker 1: it's already like cornered the market in the sense that
Speaker 1: like I don't know what it's going to become, but
Speaker 1: it's already just going to be a part of our world,
Speaker 1: in our everyday transactions. And and I think everything is
Speaker 1: gonna start getting priced in bitcoin. That's why most people
Speaker 1: look at things in like dollar signs. When you start
Speaker 1: pricing houses in bitcoin and pricing everything in that, that's
Speaker 1: when the flip is gonna That's why that's not going
Speaker 1: And that's probably twelve years away. Though, but to see
Speaker 1: that that's where that's happen and only and the reason
Speaker 1: it's not going to happen is for sure, the people
Speaker 1: who print money. They have to fight that. But you
Speaker 1: can buy Tula with bitcoin right now, so that Tesla
Speaker 1: is priced in bitcoin. But that's because nobody's pushing it,
Speaker 1: like nobody is still fighting. They haven't sold one yet
Speaker 1: because the community knows, like they've seen stories in two
Speaker 1: thousand thirteen of somebody buying a porst for bitcoins. Well
Speaker 1: that's exactly why bitcoin can't become a currency, because you
Speaker 1: can't be the scale and the way at the same time. Well,
Speaker 1: it does have to become a store of value first,
Speaker 1: A consistent store value is kind of starting to hit
Speaker 1: that point before it becomes a unit of account. There's
Speaker 1: like an art I think you're having two different conversations.
Speaker 1: So say that to him again, say that to him.
Speaker 1: What you're saying, the reason why? What? What's holding back?
Speaker 1: I think I think maybe it won't be what's the
Speaker 1: currency is? Maybe it's just a wall of like like
Speaker 1: a wall of wealth. When you need money, like when
Speaker 1: I need to pay my taxes up, pull some money
Speaker 1: up when I needed you know, what I mean. If
Speaker 1: I have to do something large, hey, if I need
Speaker 1: income you know what I'm saying, or extra money dollars
Speaker 1: to do that, then yeah, that's probably what it might
Speaker 1: be for the same way you can pull out equity
Speaker 1: out of a house or something you need extra you
Speaker 1: know what I mean, it's the same type of asset.
Speaker 1: I think it's a few like that. I think it
Speaker 1: may be used like that instead of a day to
Speaker 1: day transaction. I think it will be closer to go. Yes,
Speaker 1: digital goal, I think we go. But see the thing
Speaker 1: about like like right now, right if I had a
Speaker 1: ten pound bar gold, that's where is that about? Gold?
Speaker 1: Is ware about eighteen hundred? Then hobably somebody who has
Speaker 1: a bunch of gold. There's people who have a bunch
Speaker 1: of gold right in and stored right hundreds of pounds
Speaker 1: of God, somebody has it, right, how do they if
Speaker 1: it's an Arabian prince, I don't know, you know what
Speaker 1: I'm saying. Whoever, how do that translate to their wealth?
Speaker 1: How does how do they maneuver that to be their wealth?
Speaker 1: If they're storing a bunch of it, you know what
Speaker 1: I'm saying, what do they do with that? Well, I mean,
Speaker 1: how do they make it liquid or how what do
Speaker 1: they do? Typically, if you have you know, gold that's
Speaker 1: in a federal reserve bank or for noxiously, something that's
Speaker 1: that's identified, where you have other entities where they're there's
Speaker 1: an agreement that it's secure and fluid, you're basically selling
Speaker 1: contractual rights to the contents of what's there, so then
Speaker 1: you have liquid in your account whatever I mean, which
Speaker 1: is exactly kind of what was happening with bitcoin because
Speaker 1: you don't actually transfer like like I don't own the
Speaker 1: node and all that other stuff on the rights to it.
Speaker 1: But I look at it as being the It's like,
Speaker 1: right now, the Internet is a really really shitty highway
Speaker 1: system and and bitcoin is a world class tollway system.
Speaker 1: Like I just did some some transactions a week or
Speaker 1: so going part of yeah, part of the price deduction breakdowns.
Speaker 1: There was a five dollar and eleventh cent for you,
Speaker 1: you know, for usage of the bitcoin blockchain. Because this
Speaker 1: was wrapped on on a platform on top of the
Speaker 1: bitcoin blockchain. So I don't see it necessarily as being
Speaker 1: a commodity type of thing. It's it's it's grown into
Speaker 1: a virtual infrastructure that holds its value by passage upon
Speaker 1: set infrastructure. And when you start to see large, big
Speaker 1: commercial vehicles quote unquote passing on there, it's bigger toll
Speaker 1: than Joe Blow passing over with the civic you know,
Speaker 1: like when you go through the like the state checked
Speaker 1: back from Vegas. That That's what I was saying, meet you.
Speaker 1: I see it as gold like the way I see gold. Right. Um,
Speaker 1: I agree, it's a great place to store wealth. I
Speaker 1: think I think big coin to inventually get to a
Speaker 1: place where it's a perfect storage wealth. I mean where
Speaker 1: you could store just having something. The issue is the
Speaker 1: concept of currency. That's where I think we were differ
Speaker 1: I'm like, just like gold is not a usable currency
Speaker 1: in America. Like even though it very much to a
Speaker 1: degree is a currency, it's not like if we go
Speaker 1: to well minus is hard to move and we go
Speaker 1: to Starbucks, we couldn't buy a cup of coffee with gold.
Speaker 1: At one time you could. So my thing was once
Speaker 1: the people who print money, because they did the same
Speaker 1: thing to go that they they moved on it, right,
Speaker 1: and they start putting laws in place to where mine
Speaker 1: is that because they couldn't do that today where they
Speaker 1: could be Oh just turn over all your ship. They
Speaker 1: can't do that, but they're smart enough. So what they'll
Speaker 1: do is you don't allow this to pay taxes. And
Speaker 1: then at that point then you have to pay a
Speaker 1: capital gains tax when you're selling it to only pay taxes.
Speaker 1: You get what I'm saying, So you end up almost
Speaker 1: like a double tax to a degree, I mean kind of.
Speaker 1: I mean, if you have to, if you have to
Speaker 1: liquidate a security asset to pay your taxes, which happens,
Speaker 1: then you're gonna get taxed on it. I mean, like
Speaker 1: that's that's the biggest gripe about people with it within
Speaker 1: the state tax. Like if you know I had a
Speaker 1: company or a really big house or a farm, and
Speaker 1: I die, I want to give it to my kids,
Speaker 1: and they don't have the cash on hand to pay
Speaker 1: that a state tax. They have to sell the property,
Speaker 1: pay the capital gains on that property, and then pay
Speaker 1: the state tax. So it's just like a big show.
Speaker 1: Where I really funked with big Coin was this initial
Speaker 1: phase when I first start handing about it, when you
Speaker 1: talked to me before seen about I thought you talked.
Speaker 1: I found about it in two thousand twelve, and you
Speaker 1: talk to me a mom, brother and my sister told
Speaker 1: me they know about it. In two thousand and thirteen.
Speaker 1: I was like, so, y'all just didn't tell me it
Speaker 1: was so it was a film. Oh yeah, and that's
Speaker 1: before I saw that movie. But I didn't I saw
Speaker 1: that movie that Yeah it was he was hustling, yeah,
Speaker 1: and he stored the money on a big one. But
Speaker 1: it just went in one year and out there. Bro,
Speaker 1: when I had when I was playing g T A five,
Speaker 1: you do missions on there and I'd be like cryptocurrency
Speaker 1: transferred to your account or your wallet, and it just
Speaker 1: went one ar and out the other. I'm like, I
Speaker 1: could tell you gress be like much an idiot, Like
Speaker 1: you were sitting there for three years. You're just playing
Speaker 1: it through through. They're over here obviously getting big money
Speaker 1: and they're transferring it through cryptocurrency. So you didn't think,
Speaker 1: what is that is that? Yeah? Like no, you just
Speaker 1: the same way people do right now. So it's like,
Speaker 1: I don't know, I get it, but it's like, so
Speaker 1: nobody told me conditially I was for it when outside
Speaker 1: of it being the stat the centralized, it was also underground. Yeah. See,
Speaker 1: I'm like when it was soak Road and all that, like,
Speaker 1: give me government, but I just don't like paying income taxes.
Speaker 1: Nobody does no no like no no like like like
Speaker 1: how clueklus plan member hated you, like I hate it.
Speaker 1: How Hitler hated Jews. That's how much I hated. From
Speaker 1: that point of view, America is a corporation, right, So
Speaker 1: you're born on in their company. Right, they give you
Speaker 1: a number, your social purity and your job number. You're
Speaker 1: walking around start making money in their corporation. Yeah, you
Speaker 1: you on the street, you're in the bill, you you're
Speaker 1: doing all these things that they sign up for. This brother,
Speaker 1: I didn't sign up for it. So hence, so I
Speaker 1: get it that people accepted. I strug I'm telling you mentally,
Speaker 1: I struggled to accept it because yeah, I get it too.
Speaker 1: I struggled to accept that because I made money. But
Speaker 1: you deserve a cutting up now, listening, I'm not a
Speaker 1: taxes talks around all day talking about he's a socialist,
Speaker 1: and that's why you're No, you're a You're a philanthropist, humanitarian,
Speaker 1: not a socialist, because they don't do a good job. Listen,
Speaker 1: it's not the fact that I have to pay the taxes.
Speaker 1: I have no problem playing my taxes on my card.
Speaker 1: The DMV they fix the road. That's why I'm talking ship.
Speaker 1: When you don't fix the road, I pay taxes. Fix
Speaker 1: the fucking role bro, potholes of ship. I'm okay with
Speaker 1: the taxes. My problem is when you take my tax
Speaker 1: dollars and you don't do a good job, like when
Speaker 1: we go buy something right from a store. That tax
Speaker 1: money is supposed to go into the infrastructure of making
Speaker 1: it right and and classy and and and and healthy
Speaker 1: and correct. For you, bro, do the right. If I'm
Speaker 1: paying income taxes to us and all you're doing the
Speaker 1: government money, that's what the world exists on a binary.
Speaker 1: So I am a socialist. I don't want to give
Speaker 1: the government my money. I would rather give it to
Speaker 1: anybody else. I would rather give hilanthropist. I rather get
Speaker 1: my money to a crack addict than the government. At
Speaker 1: least he go on small crack. The government gonna do
Speaker 1: number start fights like when income tax what's income tax back?
Speaker 1: And like nineteen what thirteen or some ship. It was
Speaker 1: really it was like obscenely high for a very long time.
Speaker 1: But there wasn't a lot of income either, So it's
Speaker 1: like running time of the Great Depression and after that
Speaker 1: before that for a long time. But I'm saying income
Speaker 1: taxes not like like a thousand years old m It's
Speaker 1: like you just tax me because I made money. The
Speaker 1: income tax didn't start until I think, and it was
Speaker 1: and it was an idea, right there was raising money
Speaker 1: for a war. Right, but let me access. Are there
Speaker 1: ways around paying taxes? Yes? Okay, So why are you complaining?
Speaker 1: That's that's what I'm saying. So so bitcoin is not
Speaker 1: a way, right you have you have businesses, you get
Speaker 1: tax right off, So why are you complaining? You know, no, no, no, no, no,
Speaker 1: no no. See that's the problem. Trump them got it right,
Speaker 1: Well you better figure out how to get them. Trump
Speaker 1: them spend thousands of dollars on tax mens per hour
Speaker 1: to not pay a whole bunch of taxes. Yeah, it's tough, met,
Speaker 1: I'm telling you, bro in our in our shade ain't
Speaker 1: necessarily all right. Like I'm gonna be like, I'm gonna
Speaker 1: say this, I'll pay. I have to do my taxes, right,
Speaker 1: And I was, I was being drake. I didn't do
Speaker 1: my taxes the last two years. I was two terms
Speaker 1: that a social media marketing agency. If time was I
Speaker 1: just hadn't do my taxes, I'm like, all right, let
Speaker 1: me do my taxes, especially if I get my income
Speaker 1: tax train all that so, and plus I gotta have
Speaker 1: all that right for a bunch of ships. Anyway, I
Speaker 1: end up having to pay, like in Texas now, relative
Speaker 1: to what I've made over those couple of years. I
Speaker 1: look at it like whatever here, Like that's small, that
Speaker 1: five thousand whatever relative to what I made. So I'm
Speaker 1: not gonna complain about it. Now. If somebody else who
Speaker 1: only made maybe thirty thousand a year, if they had
Speaker 1: to pay five thousand dollars in taxes, they would be like,
Speaker 1: oh my god, they pay in Texas. No, somebody who
Speaker 1: make thirty thousand dollars don't pay five grande. They don't.
Speaker 1: They get taxes back. They got a kid or two. No,
Speaker 1: that's that's a credit. They the taxes you pay is
Speaker 1: that tax it's roughly about that. Well, there's the rate
Speaker 1: and then there is the return. Average person looked at
Speaker 1: it like I'm getting two thousand dollars back and they
Speaker 1: made thirty thousand. They're happy. Basics to making x amount
Speaker 1: and then paying five grand. If you make over a
Speaker 1: Huney ground. Let's just like and you pay five grand
Speaker 1: for two years of taxes. I don't care to, but
Speaker 1: it's worse than that metro like prime example, if you
Speaker 1: make five hundred thousand dollars, the taxes on that, So
Speaker 1: it's like taxes. No, No, it's more than that. So
Speaker 1: it's it's still how how close is it the thirty nine?
Speaker 1: Now for what? Okay, well that's like how many people
Speaker 1: make five hundred thousand dollars in the York And you
Speaker 1: notice that that's not that is important. Focus on my
Speaker 1: problems is relative because you're in the one percent if
Speaker 1: you make five dollars years on my problems. So we're
Speaker 1: talking about my problem, right, So even if they take fifty,
Speaker 1: you get to fifty and you're mad about it, you
Speaker 1: still made more than of people and you're not because
Speaker 1: that's a quarter of a million dollars going into a furnace. Exactly,
Speaker 1: I get it. It's part of the rules. It's just
Speaker 1: what it is. No, No, half a minut a year. Yet,
Speaker 1: give me two years and we're gonna have a different conversation.
Speaker 1: I'm gonna come over here and be like, see how
Speaker 1: you just take that? See that's that's See when you
Speaker 1: talk like that, right when you when you feel like
Speaker 1: you ain't getting this, remember I told you when you
Speaker 1: get it, how it's gonna be different. See how you've
Speaker 1: been getting how should be like when you get you
Speaker 1: be like all that ship you're talking about, You'll be like,
Speaker 1: motherfucker it is. I mean you just I get it.
Speaker 1: I do get it. That does suck. It is of
Speaker 1: your ship And you're like, what what is is is
Speaker 1: it fair? It's fast right now? Yeah, so the state
Speaker 1: is at fifth think we're change straight capital just straight
Speaker 1: and right now capital. But right that's not because that's
Speaker 1: the problem. It's not going to human being. You just
Speaker 1: want to go give it out. Let me do it. Research.
Speaker 1: You should do this. You should make a million dollars
Speaker 1: one year right off every last expense you possibly fucking
Speaker 1: can legally find out what the remainder is and research
Speaker 1: a few charities that are good and give it all
Speaker 1: to them and write the whole thing off exactly so
Speaker 1: you actually give it to the people. You know that.
Speaker 1: The point is I want some of the money. I see.
Speaker 1: I'm one of those types of people that would be
Speaker 1: the money you spent. You don't hide to all that
Speaker 1: just like you want. That's a good point, because I'm
Speaker 1: not listening. I'm with sharing, bro. If I made a
Speaker 1: hundred million dollars, I'll probably bless all my partners with
Speaker 1: a million dollars. That's it. You're gonna get taxed, first
Speaker 1: off the government, right off the government, right off the
Speaker 1: rent taking fifty two. Lord knows if I made it,
Speaker 1: you don't know how much they're gonna take thirty million dollars.
Speaker 1: So then I can't get that. Get niggas a million
Speaker 1: and now be ten homies. You really got to start
Speaker 1: thinking who your motherfucking homie is then, because you have
Speaker 1: to hold up, let me see who really the homie?
Speaker 1: We ain't homies like that, thousand, ten thousand. Get your colors.
Speaker 1: They can't be a four or forty two. Nig gotta
Speaker 1: be a standard coulorsh standard with a six cylinder in it,
Speaker 1: getting her four, So none of that. So that's all
Speaker 1: I'm saying. My thing is I have to pay taxes
Speaker 1: like right government, you have convinced me that I have
Speaker 1: to pay taxes like. I don't want to go to
Speaker 1: prison for not paying taxes. Right now, I got too
Speaker 1: much stuff to do to be in jail, so I
Speaker 1: paid exist. But my thing is it's too much and
Speaker 1: they don't do the right things with the money. See that.
Speaker 1: I'm a socialist. I'm not a communist. I don't want
Speaker 1: the government to regulate right what I make or I
Speaker 1: don't want the government to tell me how like what
Speaker 1: they should do with the money. I just what's the second? S?
Speaker 1: And USS are our third? Yeah, the second one of
Speaker 1: them is what is it? Socialists? Yeah? What? What? What?
Speaker 1: What is um? I get a Communism and socialism are
Speaker 1: our first cousins. They're the same fucking thing. They're not
Speaker 1: the same, they're the same. The government is more involved
Speaker 1: in communism, I don't know the same thing. Nazi is
Speaker 1: the National Socialist Party in Germany. They did say that
Speaker 1: to the Soviets, you know, Union of Soviet Socialist Republic.
Speaker 1: I mean it's just it's only in the name on
Speaker 1: top of the front door. Well, just because they ruined
Speaker 1: a good thing, like how the clue klux Klan did
Speaker 1: with Jesus Christ or arians did with priests arias right
Speaker 1: right n Arianism, that don't mean they fucked it up.
Speaker 1: They just fucking ship up. And then the average human
Speaker 1: being is distracted by what they did to fuck it up.
Speaker 1: I don't care what they did with the cross you're
Speaker 1: burning across in the front yard. That ship ain't right.
Speaker 1: That don't discourage me from Christianity. Yeah, but Christianity is
Speaker 1: like being a conservative. If I was a concern, if
Speaker 1: I was a conservative, I don't give an if it
Speaker 1: was the whitest white man who hated negros. Ever, we
Speaker 1: identify the same. The difference with me is I'm not
Speaker 1: looking for camaraderie because we are like just because this
Speaker 1: cript and your crypt that don't mean nothing. There's seven
Speaker 1: straight cript by myself. I'm not looking for, you know,
Speaker 1: how to all the shout out to all the harmies.
Speaker 1: That's banging neighborhood. They all don't like each other, but
Speaker 1: they all say their neighborhoods together. But you don't like
Speaker 1: each other. Yeah, I'm not trying to do that. Like
Speaker 1: I'm like, I'm not trying to look for ways to
Speaker 1: come together with human beings. I know that sounds crazy,
Speaker 1: but for a socialist to say I'm not I just
Speaker 1: want to do right by humanity. I don't want to
Speaker 1: like you, then then then you should have an elaborate
Speaker 1: and robust system of being able to provide people something
Speaker 1: that they want for a compensatory return that they're comfortable with.
Speaker 1: Not selling me, capitalism not selling. All you do is
Speaker 1: provide value to the world and they pay you for it. Yeah,
Speaker 1: be of service and give it to them, and then
Speaker 1: people pay you for it. Some people problems. Be of
Speaker 1: service to people. But but you can't create the problems too.
Speaker 1: But people have problems. Capitalism does not create the problems. Oh,
Speaker 1: that's that's so extreme capitalism obviously not the bare necessities
Speaker 1: of either of all three. We're talking about the extreme
Speaker 1: versions of all three, the capitalism extreme versions of capitalism
Speaker 1: the most extreme. So the most extreme version of capitalism
Speaker 1: is a supremely lass a fair market system. That's all
Speaker 1: that it is. Satan no way, Yes, what's the most
Speaker 1: Every bad case of capitalism, exploitation, whatever else, has to
Speaker 1: do with one singular factor government intervention, violating and prostituting
Speaker 1: the integrity of the marketplace system. You want to know
Speaker 1: why no one breaks into the Chevron mobile shell whatever
Speaker 1: oil trifecta in the United States, because no one is
Speaker 1: allowed to fucking drill or open up a refinery because
Speaker 1: the government won't let you. But that's because Chevron Mobile
Speaker 1: and them pay the government good money to not let you. Yeah,
Speaker 1: and if there was a veil separating that making that impossible,
Speaker 1: that's not the marketplace anymore. So you're saying that's done.
Speaker 1: That's not done in capitalism, though, what do you mean
Speaker 1: it's not done in capitalism? What? What? What? That's the
Speaker 1: same thing, like what happened robin Hood and games Stop
Speaker 1: people start buying that up and why the other people
Speaker 1: were shortened in the hedge fund and they see you
Speaker 1: found out all them people are shortened. They're like, oh,
Speaker 1: we dump money in this. We're gonna take their money,
Speaker 1: and that's like what happened. And then robin Hood, the
Speaker 1: company that owns robin Hood noticed that owns that same
Speaker 1: hedge fund, was like, oh, stop them from people from
Speaker 1: buying being able to buy a game Stop stocks, so
Speaker 1: that they gave them hedge fund people time to move
Speaker 1: their orders. That's not a free market. That's like illegal.
Speaker 1: That's like and that because of SEC backing, because that
Speaker 1: isn't legal. And the SEC said, you can go ahead
Speaker 1: and do this right now, and we won't treat you
Speaker 1: like we treat the rest of the market. That's why
Speaker 1: things like bigcoin exists. That's why they're gonna lose because
Speaker 1: like like he said, he doesn't the government. He's the
Speaker 1: same age as man. He's thirty seven, so he's white.
Speaker 1: I'm black. It's a generational thing. That the reason how
Speaker 1: governments have done our generation and what we've we don't.
Speaker 1: We haven't gotten nothing from We don't trust them. So
Speaker 1: as our generation keeps getting older and coming of age
Speaker 1: in the world, we're just we're the more dominant force.
Speaker 1: Our parents, baby boomers, as they die off and their
Speaker 1: assets come to us. We're gonna sell their stuff for
Speaker 1: things that we believe in. We're not gonna give it
Speaker 1: to the bank. We're gonna sell it for a bitcoins.
Speaker 1: What's gonna happen? Like but but that's only a tangible idea.
Speaker 1: If you believe that, would you sell it for gold? No,
Speaker 1: because gold is we're analog is being eaten by digital.
Speaker 1: We've been watching them from what I'm saying, nineties to
Speaker 1: the two dollars the concept of gold right digital goal. Yeah,
Speaker 1: let me ask you a question. I don't I don't
Speaker 1: value I value freedom more than a stationary house in
Speaker 1: one location. For fifty years, but at the mode of Spain,
Speaker 1: in Australia and Argentina Puerto Rico. Yeah, but I think
Speaker 1: the concept of gold being this heavy log logged around
Speaker 1: things is kind of misleading, right, that's not truly how
Speaker 1: it works. Like a million dollars in gold is not big.
Speaker 1: It's probably like gold is what eighteen hundred ounces, ten ounces,
Speaker 1: eighteen thousand, five ounces, nine thousand, twenty seven thousand dollars
Speaker 1: in golden donel back, Probably not even it don't even
Speaker 1: gotta be that big. I don't gotta be that big
Speaker 1: because because again ten ounces, it's sixteen ounces, and the
Speaker 1: pound ten ounces, if it's eighteen hundred, that's eighteen thousand
Speaker 1: dollars nine thousand. For half, that's twenty seven thousand plus
Speaker 1: add one eighteen hundred, so that's twenty eight, right, eight
Speaker 1: per pound of gold. So a pound a punk as
Speaker 1: pound of gold is eight, right, So it's not a lot.
Speaker 1: It's just the fact that you can't shop with it,
Speaker 1: like all the things that you like. If you went
Speaker 1: to the market, like right now, right now, let's say
Speaker 1: I passed away, I don't want to shop with it,
Speaker 1: because why would I want to shop with something that's appreciated.
Speaker 1: Why would I want to shop with something else seven pounds? Huh?
Speaker 1: I almost be doing the wrong math. How much is
Speaker 1: it propound per pound? So if you divide a million, yeah, something,
Speaker 1: I want to buy something with an asset that's appreciating
Speaker 1: that two a year the last ten years. But my mind,
Speaker 1: is that right because we're not talking about appreciate, we
Speaker 1: talk about store it. Well, let's focus on store. So
Speaker 1: what I'm saying, let's say right now you have bigcoin. Right,
Speaker 1: let's say let's say moving forward fifteen years, right, which
Speaker 1: I'm not trying to talk to you, obviously that's not
Speaker 1: when I believe, right, So moving on, I'm saying, this
Speaker 1: is the thought ten years from now, right, the government's
Speaker 1: fall back. They said, okay, they did the same thing
Speaker 1: to bigcoin that they did to go right. They make
Speaker 1: it to where in theory just can't pay taxes with it. Right,
Speaker 1: So you're going to the store. You got a million
Speaker 1: dollars worth a bigcoin, a million dollars. Let's say your
Speaker 1: bigcoin now that you have, you had it when it
Speaker 1: was at you bought it at twenty thousand, and now
Speaker 1: it's worth two million per bitcoin The problem is when
Speaker 1: you go to the store, what if they don't take bitcoin,
Speaker 1: what do you do. It's not like I'm not gonna
Speaker 1: have cash. Now what I'm saying, Let's say you don't
Speaker 1: have cash. Let's say your your wealth is store in bitcoin.
Speaker 1: Let's say you're not making anything. Let's say you're making
Speaker 1: a dash. Can you use your next card? Shout out
Speaker 1: to the people next so and we appreciate you very
Speaker 1: much for your sponsorship of this program to do an
Speaker 1: instant conversion and then run on a on a known
Speaker 1: um master card. You see, my issue is the conversion.
Speaker 1: Like right now, it's banned in Nigeria, it's trading at
Speaker 1: nine like it's and Peter peer transactions. No, people just
Speaker 1: interact with people. But I'm not disagreeing. I'm saying that's
Speaker 1: the point, like right now, where would you take gold?
Speaker 1: Right now? If I gave you a pound of gold
Speaker 1: and gave it to you in coins, how would you
Speaker 1: use it? How would you use the actual goal? And
Speaker 1: then the people don't take that. So but that's my point.
Speaker 1: What so, let's say bigcoin or cryptocurrency moves into that space,
Speaker 1: or bigcoin, particularly if it moves to the space where
Speaker 1: people don't take that yet it still has value. Like
Speaker 1: I can do like like one goal like a gold
Speaker 1: coin with so I can't like sell it and get
Speaker 1: cash gold. It's not outlaw. So I'm asking you, I
Speaker 1: can always sell something. If it's a two million of coin,
Speaker 1: I can sell three thousand dollars worth than I and
Speaker 1: I have three thousand dollars in cash the next day.
Speaker 1: But then now you have to pay a capital canes
Speaker 1: tax on the sale. Yeah, a year later, but I'll
Speaker 1: deal with that problem when it comes you. You need
Speaker 1: a point of sales service provider. That's what fancial student
Speaker 1: to do that. And at some point, like his his
Speaker 1: point being there, you know you you legislate that out
Speaker 1: of capacity, and it changes your perspective on the whole
Speaker 1: thing because now legal tender. When I'm ready to start
Speaker 1: buying things with a bitcoin, I'm gonna buy like like
Speaker 1: you said, like a house. I'm not gonna go to
Speaker 1: the grocery store and buy a chicken. But think about this.
Speaker 1: Let's say let's say I gave you gold. Now, so
Speaker 1: the person that owns that, that's going to be even harder.
Speaker 1: That's what I'm saying. If it's a peer to peer
Speaker 1: transaction with somebody if if I'm talking to it, if
Speaker 1: you're talking to a real estate agent and you're talking
Speaker 1: to who whoever it is that because then they can't
Speaker 1: pay their taxes and you can't declare your property selling.
Speaker 1: Ship every day houses cars, all types ship for a
Speaker 1: bitcoin right now, every single day. Millions of dollars of
Speaker 1: transaction happing in every single day right now. So why
Speaker 1: would that not be having in ten years from now?
Speaker 1: It's not, But it's not it's not at that space
Speaker 1: to think about it. It's not at that space then
Speaker 1: I'm talking. People are using are using bitcoin with an
Speaker 1: intermediary exactly like the Lightning network. They have things like
Speaker 1: tap through all these different technologies as being added strike
Speaker 1: people are converting their whole salaries into it. But it's
Speaker 1: but listen to what I'm saying. When to find out
Speaker 1: when the financial right now? Could you take go to
Speaker 1: the bank to Bank of American, be like, hey, I
Speaker 1: need to get money for this. Can I take it?
Speaker 1: Can I take go to where if I'm this is
Speaker 1: what I'm gonna do. I'm gonna go buy you a
Speaker 1: gold coin. I'm buying for you. I'm gonna take it
Speaker 1: where to bank, because this needs to be the experiment.
Speaker 1: It's gonna be the experiment. And I'm not again my job, right,
Speaker 1: I'm only a couple of years older than you, a
Speaker 1: few years old than you. That's not the point is
Speaker 1: to get you to see what I'm saying, so you
Speaker 1: always have the wisdom. So I'm gonna go buy you
Speaker 1: a coin, a gold coin, and I want you to
Speaker 1: try to use it to buy something. I want you
Speaker 1: to take it to the bank and try to change
Speaker 1: it out for cash. They're not gonna let you, even
Speaker 1: though in theory, well obviously that's not true no more.
Speaker 1: But initially the money was supposed to be backed by golah.
Speaker 1: Let me say that's real quick. You're talking about the
Speaker 1: decentralized thing. The first thing that says is a peer
Speaker 1: to peer currency. It's not designed for me to have
Speaker 1: to go to a bank, is for me to get
Speaker 1: rid of them. But like, it's only good for small transactions.
Speaker 1: And here's why. If you make a purchase for a home,
Speaker 1: you have to hold the title of that home. That's
Speaker 1: an important element that's involved. Part of that is declaring
Speaker 1: it for the tax board. When I say there's an intermediary.
Speaker 1: There's a there is a a currency exchange that occurs
Speaker 1: there so that you can base that purchase and that
Speaker 1: value can be established for so that the property tax
Speaker 1: can be issued and you can actually hold that title.
Speaker 1: Otherwise you're just an occupant and the title is going
Speaker 1: to be floating around down at the county and someone
Speaker 1: can buy and you're gonna booted out stay with a
Speaker 1: car if if the DM if the count stay the
Speaker 1: California says we're not going to recognize bitcoin car purchases.
Speaker 1: You can buy your car, sure, and you can have
Speaker 1: the car, but you can't register the car. So you
Speaker 1: can't as soon as you take it on the street,
Speaker 1: you're not gonna have a tag. They're gonna pull up
Speaker 1: on your car. You can't produce title, you can't produce straight.
Speaker 1: They're gonna take your car and make you pay them
Speaker 1: well first, make you give a ton of information. So
Speaker 1: that's that's my concern. It's not like a big thing
Speaker 1: obviously used to sell drums for crying, not a loud
Speaker 1: but the thing that but the thing about about a
Speaker 1: quarter million dollar necklace and bitcoin and own that and
Speaker 1: put it on eBay and get dollars out of it
Speaker 1: and buy a car, which is goal, which is gol Right,
Speaker 1: that's what I'm saying, Like, so that's my point. I'm saying,
Speaker 1: like with gold, if I give you a gold coin,
Speaker 1: if you took it to the bank, you couldn't transfer
Speaker 1: for currency. Imagine bitcoin in that space where it's like
Speaker 1: you can't change it over and get dollars, like you
Speaker 1: have to go to one of them. I buy gold,
Speaker 1: people cash for gold. When the opposite happens and everyone
Speaker 1: and everybody adopts it, I mean Miami has already adopted,
Speaker 1: Louisiana has already put on their legislature and commended Stocean
Speaker 1: Akimondo for helping with economic security. Those are all just
Speaker 1: false things that do not matter. But that's like somebody
Speaker 1: being alive when the Declaration of independence was written. It's
Speaker 1: just like that doesn't matter. Why not currency? Like, but
Speaker 1: I understand that this isn't I'm not saying, hey, next
Speaker 1: year or tomorrow, Hey, everybody needs to just be just
Speaker 1: should be interacting. I agree with the initial point that
Speaker 1: the most brillier ar the most brillier point is the
Speaker 1: five percent. That's absolutely that's that's probably one of the
Speaker 1: greatest and most smartest things. You know, it's a lot
Speaker 1: a list of ship but that one tops. That's actually
Speaker 1: really brilliant to take five percent and do it. That's
Speaker 1: because so then you play both sides of defense and
Speaker 1: you don't care what happens on either side, instead of
Speaker 1: being like, at least want to watch yeah, and you
Speaker 1: don't want to be watching like this happened, and then
Speaker 1: be like, well, I just watched it and was just
Speaker 1: figuring out ways to pick it apart and just didn't
Speaker 1: see it. That's foolish to do that. That's completely foolish,
Speaker 1: instead of being like, you know what, let me just
Speaker 1: put a little here and then let's see in ten years,
Speaker 1: fifteen years of everything straight and then they'll figure it out.
Speaker 1: And if it gets outlawed, I can't use it. Well,
Speaker 1: it won't. It will not get I don't think it,
Speaker 1: but they but they don't rule. But they don't rule
Speaker 1: that way anymore. It could never hypothetically, it could never
Speaker 1: ever ever be used as a currency anywhere ever, and
Speaker 1: it will still be a multi trillion dollar technological infrastructure
Speaker 1: foundation that holds its value. That's why other things built
Speaker 1: on top of Yeah, I invest in it as a robust,
Speaker 1: revolutionary technology. Some people invest in it on a currency standpoint,
Speaker 1: where it depends on what your vision is, but it
Speaker 1: does hold value potentially two ways. That's just my digital abundance.
Speaker 1: Bitcoin brought digital scarcity for the first time, but people
Speaker 1: don't realize that there's only It's like if you're buying
Speaker 1: pieces of blocks of Manhattan for twenty four dollars and
Speaker 1: you didn't realize hundreds of years, like what Manhattan became,
Speaker 1: what New York City became, and what a block. I
Speaker 1: get the sense. I get the sense and value and
Speaker 1: why the bitches want Birkin bags and Herman's back because
Speaker 1: there's scarcity people just the average person hasn't actually scarcity.
Speaker 1: It is because everybody can't have one. Yeah, that's not that. Yeah, yeah,
Speaker 1: I don't know if I mean I think. I think.
Speaker 1: I think supplying demand is a big thing, and with
Speaker 1: supply not people rapidly growing. Well, the thing about burgers,
Speaker 1: people just can't afford them. I don't think it's a
Speaker 1: scarcity of It's not like we got a hundred It's like, yeah, yeah,
Speaker 1: we're just gonna decided I'm gonna make thirty million of
Speaker 1: these handbacks and the first hundred thousands sold at ten
Speaker 1: grand of Pope, all of a sudden, they're gonna be like,
Speaker 1: we gotta get this fucking money back, drop them to
Speaker 1: work they can sell, and then they're no longer cute. Yeah,
Speaker 1: because then everybody got him and they probably make that
Speaker 1: many anyway, and don't give a funk about tells me
Speaker 1: is that's what Kanye said. He wanted what easy and stuff.
Speaker 1: He hates that they'd be like people can't get him,
Speaker 1: and I hate he wants something that's everywhere, like and
Speaker 1: Adidas be trying to not like printiment because because they're like, no, bro,
Speaker 1: this is too much cash. Because also I don't give
Speaker 1: I will kill for that nigga, bro, and not people
Speaker 1: think like I work with him, Like, bro, I don't
Speaker 1: even want to work with him. I'm not trying to
Speaker 1: what he stands for. He has my heart. Yeah, that's
Speaker 1: my god. You already know what I mean. Like, it's
Speaker 1: not perfectly me. If I was like a super square
Speaker 1: who just like shot, that would be me. Yeah. But
Speaker 1: that's how I hate that. I hate that saw something
Speaker 1: about it though. This is what they said, like if
Speaker 1: they know his shoes are utunitly settling let's say in
Speaker 1: a year, he says one point five million, right, and
Speaker 1: you press up one point eight millions, three hundred sitting there,
Speaker 1: but he's like, man, press up ten million. We need
Speaker 1: twenty million out and they're like, well, they're not settling
Speaker 1: at that rate either, And then you don't want to
Speaker 1: shoes sitting there, and then they're just on the Then
Speaker 1: it looks bad because that's that bullshit. See that's that
Speaker 1: not not what I'm saying. That's that bullshit. More people
Speaker 1: want them goddamn shoes, and they fucking printing for sure.
Speaker 1: They are printing with the bro Like I have to
Speaker 1: buy shoes, bro, every time I try to buy them,
Speaker 1: first off, they make you download the app just get
Speaker 1: them off stars. They make you download that, bro. It's
Speaker 1: like two times. Now I gotta have Now, I gotta
Speaker 1: have a value in my mind, Like, goddamn, bro, do
Speaker 1: I really want to pay? I have it because I
Speaker 1: don't want to pay three or four. I haven't done
Speaker 1: it either. I looked at him till I was like
Speaker 1: folk hunting and it's some asshole that's like, well I
Speaker 1: can dis mine you, bitch. I ought to kill you
Speaker 1: capital And they're not like, let me just make fifty bucks. Okay,
Speaker 1: So when I did my social media just want to
Speaker 1: kill that, I just broken stabbed them with a knife.
Speaker 1: I did just say break even. Look capitalism and it's
Speaker 1: simple emphasis. It's just fine and it's simple infancy is fine.
Speaker 1: If I have some shoes and I charged fifty dollars,
Speaker 1: I may I pay one twenty for him and I
Speaker 1: make a fifty dollar profit. That's fair. And I don't
Speaker 1: want to go around telling niggas was fair. Yeah, it's
Speaker 1: not fair. The problem is when you know I want
Speaker 1: them so bad, You're like, well, I'm gonna charge for
Speaker 1: five d because he really you bet that's the value
Speaker 1: of it. Yeah, I paid my pay that's my motherfucker's
Speaker 1: get killed and robbed. Yeah, that's why I would stab
Speaker 1: dog right now, I'm right now, I'm looking at some yeases. Right,
Speaker 1: I'm about it too. The ye's were a hundred and
Speaker 1: fifty bucks. He's at I'm like, bro, i'll give you
Speaker 1: two hundred and eight dollars. He's already charging twenty fives
Speaker 1: for shipping, right, So I said, look, i'll give you
Speaker 1: two seventy five. And why I spend three hundred dollars?
Speaker 1: I think that's fair. That's double the value that I'm
Speaker 1: spending on him. Oh man, But you know it's you know,
Speaker 1: so many people want them. Bitch ass nigga. You're not
Speaker 1: mad at him. I'm mad at him. No, you're mad
Speaker 1: at the other guy who's willing to pony up the
Speaker 1: money you aren't willing to pony up. No, No, I'm
Speaker 1: mad at the nigga. That's fel like, why you don't
Speaker 1: want to let another man win? You You're the only
Speaker 1: one allowed to win, So you're gonna take my blood
Speaker 1: to win. You can take every pint of my blood
Speaker 1: to win if that's what it takes to win. I mean,
Speaker 1: how bad you all the shoes? That's why, motherfucker this is.
Speaker 1: This is a complete absolute luxury item. It's not I
Speaker 1: need shoes. Get those vans. I like his vans, buy
Speaker 1: them too. How many? How many shoes do you? Can?
Speaker 1: You wear it? One time? You need shoes? I don't.
Speaker 1: I don't listen to two ft. You got shoes on
Speaker 1: right now, and I guess what they're wearing them down.
Speaker 1: I'm wearing I'm preparing for the next time exactly. And
Speaker 1: those vans have a more robust soul than those, and
Speaker 1: quite frankly, all I'm seeing right here is that you
Speaker 1: just don't have a robust salt. I actually buy vans.
Speaker 1: They're priced fair. Yeah, they could charge more. Looks at
Speaker 1: these like vans and go man, those are forty bucks,
Speaker 1: Like that's how I look at or thirty like oh
Speaker 1: he ain't he ain't got it, or while he wearing them,
Speaker 1: check like that's how I look at I look at
Speaker 1: things based off the value as I got. I was
Speaker 1: always like this as a kid, I've got worse as
Speaker 1: an adult. I just told you this a couple of podcasts. Though.
Speaker 1: I like having things that everybody can have, and I
Speaker 1: did something to it myself with my brain to make
Speaker 1: you become mines. Like. It's not because I could just
Speaker 1: got more money and I can afford more ship than you.
Speaker 1: It's like I actually care enough to customize. So my
Speaker 1: thing is even with the yeasiest, I'm not buying them
Speaker 1: so much because I need shoes. I'm buying them because
Speaker 1: I want to support Kanye West, like I believe in
Speaker 1: his vision and I want to just show the brothers
Speaker 1: some support. But it's not it's not the support. I'm
Speaker 1: not supporting him economically right that that that's just the
Speaker 1: benefit he gets. I'm saying, I'm supporting him, saying, hey,
Speaker 1: I approve of what you're doing. I'm proud of it.
Speaker 1: I'm going to purchase your product by a pair of
Speaker 1: white Vans and put Kanye's name on It's not this product.
Speaker 1: That is kind of cool. I might do that. You
Speaker 1: can customize Vans because that's the buick regal, you know,
Speaker 1: customized out. Yeah, but that's fun though, and and and see, Pete,
Speaker 1: that's not fair. See that's the capitalism in you. That
Speaker 1: that's not right. See that's why I don't trust the
Speaker 1: the United States sense of government. I trust minds. I
Speaker 1: should actually run the country, yes, because like literally, my
Speaker 1: sense of justice is fair. But then it probably would be.
Speaker 1: It's fair to you, it would be fair to everybody.
Speaker 1: It would be equally distributed to everybody. It would be
Speaker 1: fair to you, yes, But my I only have a
Speaker 1: sense of fair. Everybody else don't even have a good
Speaker 1: sense of fair. Ask them. They all think their sense
Speaker 1: of fare is just fair. That's why I can't ask
Speaker 1: them because they're too whoever. That is all I'm saying,
Speaker 1: is all I'm saying, is bro the the things that's
Speaker 1: driving us, right, the things that's driving us. Yeah, I
Speaker 1: think we should be so much focused on our passion.
Speaker 1: I don't let mean when you gotta take care of
Speaker 1: your family, well, passion and purpose kind of first cousins.
Speaker 1: They're about to say purposes deeper, like what's your mission here?
Speaker 1: Why were you sent here? Why did gods send you here?
Speaker 1: You're not here to make money, You're not here to
Speaker 1: like You're here to like accomplish something. You've got an
Speaker 1: expiration day. That's how I see it, and some people
Speaker 1: tap into it and neither day. You should be working
Speaker 1: every day towards to fulfill that, not going to work
Speaker 1: at the job and the warehouse job and doing but
Speaker 1: that their purpose could be be raising. No, and you're
Speaker 1: like a kid. You don't get and I read this too.
Speaker 1: You don't get nobility for sacrificing your life for your kids.
Speaker 1: I agree, you don't be. I can't be like I'm
Speaker 1: a great dad. I'll just kick it at home. No,
Speaker 1: I gotta go build a company to companies do all
Speaker 1: types of or I have to just be I have
Speaker 1: to be the best version of me. Yeah, I have
Speaker 1: to be the best version of me. Because I was
Speaker 1: an approach, because I don't think everybody said the improvement
Speaker 1: daily exactly, because I don't think it's about the whole
Speaker 1: concept of generational wealth. I just was talking about that trash,
Speaker 1: that ship. That's bullshit, like that's not the focus. To
Speaker 1: focus is being the greatest version in building, being everything
Speaker 1: you can be, and then that is wealth is wealth
Speaker 1: is a lot more than a company or economic basis.
Speaker 1: It's leaving someone something special. They're ahead of the curve
Speaker 1: based off of whatever you passed them down the worlds.
Speaker 1: They thought I've been telling people I'm trying to buy
Speaker 1: a house with the whale. I think I just told
Speaker 1: you I'm trying to buy property with the whale. I
Speaker 1: want my own whale. That's because he wants to capitalize
Speaker 1: the month water. He could charge the niggas a bro
Speaker 1: only only only I'm the only well. For sure, you
Speaker 1: niggas would be at my well of like fuck that.
Speaker 1: This is what Every bottle of water is a big coined,
Speaker 1: big coin worth two million. Every bottle of water a
Speaker 1: gallon we got. That's y'all. Imagine if I had a
Speaker 1: fucking house, Imagine a million sicks, just amillion, how many
Speaker 1: sass is in the big cooin. People don't know these things.
Speaker 1: Stock you can let me say that. You do not
Speaker 1: have to buy a whole bitcoin. You can buy twenty
Speaker 1: dollars worth. It's on your cash shop. You can buy
Speaker 1: fifty dollars here, twenty dollars here. Just use it as
Speaker 1: a bank account, savings account. Five percent, right, yeah, that's
Speaker 1: five percent, so five dollar cost averaging. Don't worry about
Speaker 1: the daily price up and down, long term seven years.
Speaker 1: And what's your take on it? What would you advise
Speaker 1: people economically when it comes to cryptocurrency invest in unique technologies.
Speaker 1: It might be bitcoin. I have holdings in bitcoin, I
Speaker 1: have holdings in etherorem have I have more more holdings
Speaker 1: right now in stacks in the block stack ecosystem, which
Speaker 1: is built on top of it actually is. Do you
Speaker 1: have any doubts? No, I don't like that technology exactly
Speaker 1: like print ten thousand per minute, but but just the same.
Speaker 1: It's it's it's it's what it's a it's a cheap
Speaker 1: knockoff of bitcoin sv Yes, yes, people you're going way
Speaker 1: far down. People don't even know. They ain't been down
Speaker 1: the rabbit hole. So yeah, that's all unless you want
Speaker 1: to be obsessively trade. That's the thing. You can't obsessively
Speaker 1: trade this ship because there's no fucking sleeping hours on exactly.
Speaker 1: I mean, it's not like the stock market focused from
Speaker 1: nine to four. No, you have to what are you
Speaker 1: gonna just mess out and stare at it for six months?
Speaker 1: People do. It's ridiculous.