WEBVTT - Conversation with a Capitalist

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<v Speaker 1>I don't believe nobody should have guns. It don't make

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<v Speaker 1>sense for civilians, the police, it doesn't even make sense.

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<v Speaker 1>It's just kind of stupid. But because one person got

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<v Speaker 1>one motherfucking gun, I got all the guns. I got

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<v Speaker 1>as many guns as I could have, Like, I feel

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<v Speaker 1>like having guns everywhere because I never know where that

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<v Speaker 1>one person is going to use that one gun. Black

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<v Speaker 1>people are naturally conservative, naturally conservative, right, the most racist

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<v Speaker 1>of Rednecks in their minds are conservative. Black people will

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<v Speaker 1>go through any motherfucking measure to never be considered what

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<v Speaker 1>a racist white man is, so they don't want to

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<v Speaker 1>identify as socially conservative. But it reminds me of some gangship,

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<v Speaker 1>the Fruittown Parrules and Compton. The Fruittown Padrules geographically is

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<v Speaker 1>a West side Compton gang. The separation I think it's

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<v Speaker 1>at Alameda. Maybe Will, but I think it's Alameda that

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<v Speaker 1>separates the east and the west side of Compton. The

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<v Speaker 1>west side Pules and the Fruit Town have kind of

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<v Speaker 1>had this long standing conflict that's not really a beef.

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<v Speaker 1>I think they've beef before, but it's more of just

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<v Speaker 1>a conflict where they don't like each other to some degree.

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<v Speaker 1>So the fruit Town's disdained for them. It's so deep

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<v Speaker 1>that geographically they identified incorrectly as an east Side gang

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<v Speaker 1>just so they don't have to have west Side attached

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<v Speaker 1>to their name. Yeah that's crazy, mind you. West Side

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<v Speaker 1>Paru Paru Street is in west Side Paru hood. That's

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<v Speaker 1>where Peru started at, in west Side Paru, right off Central.

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<v Speaker 1>I mean, I get it, I mean, but yeah, yes,

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<v Speaker 1>I guess it's divisions. People wanted to separate and be

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<v Speaker 1>like even though this doesn't necessarily make sense, it makes

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<v Speaker 1>they make it makes sense to like in their own mind,

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<v Speaker 1>I guess, to prove a point or to just separate themselves.

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<v Speaker 1>They don't want to be identified as the with with

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<v Speaker 1>them right. So so that's how black people are when

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<v Speaker 1>it comes to being there socially conservatives. Most black people

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<v Speaker 1>feel like you should own guns. Oh yeah, in the church,

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<v Speaker 1>own guns. Don't like taxes like small. The biggest confort

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<v Speaker 1>to me is there's there's kind of like this suggestion,

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<v Speaker 1>like I get and understand I don't like her trust

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<v Speaker 1>government in general. I totally get why black people don't

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<v Speaker 1>like her trust. But then they advocate for like a

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<v Speaker 1>lot of big government intervention in social programs or what not,

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<v Speaker 1>the kind of I don't don't have both. At the

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<v Speaker 1>same time, I don't think they advocate for it. At

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<v Speaker 1>least they're used as a football for advocation for it.

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<v Speaker 1>That's all the Democratic Party really does exactly like they

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<v Speaker 1>don't know. But what happens is they take advantage. It's

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<v Speaker 1>like me, I don't believe nobody should have guns. Nobody,

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<v Speaker 1>though not the police. Nobody should have guns because I

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<v Speaker 1>get why people gonna fight militaries, is gonna fight countries,

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<v Speaker 1>is gonna fight out. I'm not even gonna get into

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<v Speaker 1>why they have guns. I'm saying the police, right, I'm

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<v Speaker 1>saying civilians or a low level Okay, you're saying low

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<v Speaker 1>level outside of military used to fault like there should

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<v Speaker 1>not even be guns used on American soil. That nobody

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<v Speaker 1>should have guns us you should be against military based property.

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<v Speaker 1>So my thing is because one person has one gun,

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<v Speaker 1>I got seventeen guns. Yeah you would have seventeen. Think

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<v Speaker 1>about it because one girl has a seventeen but he

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<v Speaker 1>can't say that. No, No, I don't want that many guns.

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<v Speaker 1>But because one person, I don't believe nobody should have guns,

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<v Speaker 1>don't make sense for civilians the police, it doesn't even

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<v Speaker 1>make sense. This is kind of stupid. But because one

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<v Speaker 1>person got one motherfucking gun, I got all the guns.

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<v Speaker 1>I got as many guns as I could have, Like,

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<v Speaker 1>I feel like having guns everywhere because I never know

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<v Speaker 1>where that one person is going to use that one

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<v Speaker 1>gun and I may need to be prepared. No seilingts

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<v Speaker 1>g L my boy, Pete Pepe, we back at it.

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<v Speaker 1>I got my partner Metro in here. Man, this is

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<v Speaker 1>my fucker. We go back. He's one of the few

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<v Speaker 1>people I selected that I was like, yo, he's smart,

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<v Speaker 1>Like I'm him here. It's a couple of dudes that

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<v Speaker 1>that always kept around me that I thought that they

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<v Speaker 1>were smart. You know, they served. They served the same

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<v Speaker 1>purpose I think I served myself, challenging my intellect. A

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<v Speaker 1>couple of people that can do that, um the luxury

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<v Speaker 1>to think, yeah, he's what's funny is this particular situation now?

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<v Speaker 1>This is dope. Forgive me because I'm telling your business

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<v Speaker 1>Metro economically was like going through a lot. Metro comes through.

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<v Speaker 1>It comes from a decent background. You feel me like

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<v Speaker 1>his pops is a lifelong social work, uh service worker,

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<v Speaker 1>you know as far as to the community of a fireman.

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<v Speaker 1>You know what I mean, he makes great money. Metro

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<v Speaker 1>grew up like his his dad had a nice place,

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<v Speaker 1>you know, his mom still was in you know, in

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<v Speaker 1>the neighborhood. So he had a choice. But he's somebody

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<v Speaker 1>who had to me he found time to think. A

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<v Speaker 1>podcast or two ago, we were talking about um people

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<v Speaker 1>not afforded the luxury of time to think. Yeah, you know,

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<v Speaker 1>they get so distracted with being a husband, being a parent,

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<v Speaker 1>being broke. It's a lot of paid his bills, I'm

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<v Speaker 1>on drugs, I'm in jail. You're trying to rob me

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<v Speaker 1>a thou and things to think that, so then they

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<v Speaker 1>have to use group thought just as a conveniance. Ma,

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<v Speaker 1>you just had this whole argument on the phone about

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<v Speaker 1>the most profitable business in America is conveniced. Mhm. That's

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<v Speaker 1>making people the wealthiest convenience, which speaks to how lazy

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<v Speaker 1>Americans are, like niggas is lazy bro like to the

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<v Speaker 1>point where when he said a business and convenience, it

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<v Speaker 1>could be could be one or two things. It can

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<v Speaker 1>be you either really lazy. Convenced matters if you're lazy,

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<v Speaker 1>or if you're really efficient. Sure. But but even then,

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<v Speaker 1>I think efficient is still related to quality. I mean,

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<v Speaker 1>you're efficient with your time if you're a work a

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<v Speaker 1>hollock and you're incredibly productive, and the difference in your

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<v Speaker 1>you know, return from getting fifteen hours of working in

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<v Speaker 1>a day or sixteen hours of working in a day

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<v Speaker 1>might be if you're an attorney, might be winning or

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<v Speaker 1>losing a case. So that extra hour convenienced the world.

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<v Speaker 1>But think also elsod I just worked. Smart work is

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<v Speaker 1>what matters more so than just hard work. If their

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<v Speaker 1>heart work matter, or the hour, the number of hours

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<v Speaker 1>you're putting in the construction workers would make the most

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<v Speaker 1>money in the world, or the Mexicans at home depot

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<v Speaker 1>or something. You know what I'm saying that the stereotype

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<v Speaker 1>of it. But what I was saying is it's convenient.

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<v Speaker 1>Prime example, right, whoever came up with the drive through

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<v Speaker 1>that was a part of in and out? Right? Who

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<v Speaker 1>invented that? I think it was in and out, in

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<v Speaker 1>and out. I think it's the first because McDonald's didn't

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<v Speaker 1>have it first. McDonald's created burgers and fries as that

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<v Speaker 1>tandem fast fast food. Well White Castle theoretically at burgers first,

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<v Speaker 1>So I think they mastered the model of fast food.

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<v Speaker 1>But I think in and Out I'm not quite sure.

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<v Speaker 1>Don't quote me, cup, but I think in and Out

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<v Speaker 1>created the concept of the drive through every over the founder. Yeah,

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<v Speaker 1>I watched it time. I hate Ray crocun Us. May

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<v Speaker 1>he rest in piss, but I'm just against capitalists. So

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<v Speaker 1>Ray crock is the perfect example. I just wish I

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<v Speaker 1>could dig him up and kill them again. But I

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<v Speaker 1>feel so bad for the mcdonals. But hold, but we

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<v Speaker 1>could go that. So look, so anyway, it's like twenty

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<v Speaker 1>five cars, because in the drive through at McDonald's, i'm

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<v Speaker 1>no short of twenty cars somewhere close to. I was counting,

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<v Speaker 1>but the line got so long I couldn't count. I

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<v Speaker 1>would have to get out and go walk around. I'm like, yeah,

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<v Speaker 1>I'm not gonna wait in this line. I get out,

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<v Speaker 1>parked my car, walk in. It's one person in front

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<v Speaker 1>of me that's waiting on their food. We did that

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<v Speaker 1>in Popeyes to two weeks ago. Yes we did, Yes,

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<v Speaker 1>we did. Oh yeah, I just did it to and

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<v Speaker 1>yesterday it was thirty cars. So I think intellect deciphers, right,

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<v Speaker 1>I think intellect deciphers, because um, I don't think everything

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<v Speaker 1>about what we do. Once we choose to think it,

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<v Speaker 1>does it become about efficiency changes. So things built for

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<v Speaker 1>convenience don't necessarily rule our life, like some people automatically

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<v Speaker 1>always think convenience rules our life. It's like, oh, I

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<v Speaker 1>gotta go through the drive to what's the fastest, not

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<v Speaker 1>even thinking it might be more convenient for me to

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<v Speaker 1>park my car, get out, walk in, get my food,

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<v Speaker 1>lead and then people still in the same damn line.

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<v Speaker 1>So I think also people if you get out, yeah something,

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<v Speaker 1>it's maybe a laziness and not want to get out.

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<v Speaker 1>But if you're sit in the parking lot and you

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<v Speaker 1>gotta wait in the line, everybody got a cell phone,

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<v Speaker 1>so people hop on line start scrolling, so the way

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<v Speaker 1>isn't as bad, but the length of time, you know,

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<v Speaker 1>I mean, you against your food fifteen minutes faster, But

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<v Speaker 1>some people just don't care to kill the extra fifteen

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<v Speaker 1>minutes and be on that. They just don't want to

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<v Speaker 1>get out of their car. That's probably the main part.

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<v Speaker 1>I think people go there with the hope that they're

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<v Speaker 1>going to be both. They're gonna be lazy and efficient

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<v Speaker 1>at the same time, and when presented with a choice,

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<v Speaker 1>you can see who's who, and you know nine people

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<v Speaker 1>will choose lazy or efficient efficient. You can see who's who. Yeah,

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<v Speaker 1>you can see who's who. And that's the story of

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<v Speaker 1>my life because seeing who's hope and Metro is who's hope.

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<v Speaker 1>He's a. He's a He finds ways in time to think,

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<v Speaker 1>to educate himself. And I'm saying, in the process and

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<v Speaker 1>make the most out of his situation. So that's how

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<v Speaker 1>we're That's how we became friends. We started working just

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<v Speaker 1>because he came with somebody that a buddy of mins

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<v Speaker 1>wanted me to help me with. But we became friends

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<v Speaker 1>because I realized his brain. Most of my friends are

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<v Speaker 1>people that can challenge me and thought, I don't have

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<v Speaker 1>friends that agree with me, like not really friends, like

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<v Speaker 1>if I chose you, like it's different. My homeboys is

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<v Speaker 1>my homeboys because we grew up together. But like the

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<v Speaker 1>niggas who I choose as friends. You know, whether it's

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<v Speaker 1>my partner Jay, you you know, wand or man Sore

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<v Speaker 1>or Metro or head all challenge my intellect. Yeah, are

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<v Speaker 1>people who crave knowledge and perspective. So you're not gonna

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<v Speaker 1>get that. Say that again, knowledge and knowledge and perspective.

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<v Speaker 1>That's another part that people want to get away from perspective.

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<v Speaker 1>So so I brought you here. You feel me outside

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<v Speaker 1>of the fact you just release two projects. We don't

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<v Speaker 1>really promote music and ship, but but I thought that

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<v Speaker 1>was ill that we always talked about this, and this

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<v Speaker 1>goes to kudos to how cold you are as a

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<v Speaker 1>grinder and how you really decided what something was going

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<v Speaker 1>to be and then made it happen where you said,

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<v Speaker 1>a g I want to be able to just put

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<v Speaker 1>out people from my label and I'm like, well, you'll

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<v Speaker 1>be able to do it, and he's like, well, I'm

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<v Speaker 1>gonna figure out economically how to get myself in position.

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<v Speaker 1>So I'm not worried that you know whether or not

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<v Speaker 1>it makes money eventually that success because you know obvious

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<v Speaker 1>that's but it's not important. So I want to make

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<v Speaker 1>sure me and Pete give you a clap because putting

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<v Speaker 1>out the key of ship right and the kena what's

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<v Speaker 1>it called infatuated and shout out to the harmy freedom,

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<v Speaker 1>Homy cash boy, tax free tax for me his project

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<v Speaker 1>before I go taxes and jail for me, But they

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<v Speaker 1>got the project out of time. I just want to

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<v Speaker 1>make sure, we clap it up for you because that

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<v Speaker 1>was something you told me five years ago, and I

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<v Speaker 1>remember that ship. I appreciate that ship. Feel to set

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<v Speaker 1>a goal five years ago and then come through with it,

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<v Speaker 1>because now you're kind of starting to do that often. Yeah,

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<v Speaker 1>because I tell her, I kind of tell people what

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<v Speaker 1>I'm gonna do. And it's the people that surround me,

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<v Speaker 1>people I respect because it holds me accountable too, because

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<v Speaker 1>I know, even though they might not say nothing, in

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<v Speaker 1>the back of their mind, it's like, oh, this, did

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<v Speaker 1>he do what he said he was gonna do. And

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<v Speaker 1>I always try to stand on my character and like

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<v Speaker 1>that's the main important thing, like just being a man

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<v Speaker 1>of my word, and like that's just important. And it's

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<v Speaker 1>like I remember the day is when I just made

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<v Speaker 1>beats and I was just like I just want to

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<v Speaker 1>be able to hear my beats in the car, you

0:13:04.120 --> 0:13:06.600
<v Speaker 1>know what I'm saying. And then being able to want

0:13:06.600 --> 0:13:08.640
<v Speaker 1>to hear him here somebody wrap on it. They be like, man,

0:13:08.640 --> 0:13:10.280
<v Speaker 1>I want to hear real. I want to go to

0:13:10.559 --> 0:13:12.839
<v Speaker 1>Circuit City or Best Buy and go get my shot,

0:13:12.920 --> 0:13:14.840
<v Speaker 1>and to be able to do that with you, Like

0:13:14.880 --> 0:13:17.360
<v Speaker 1>you know what I'm saying, and being there, Like I

0:13:17.480 --> 0:13:20.720
<v Speaker 1>just learned a lot from Like manifestation is real, like

0:13:20.840 --> 0:13:23.200
<v Speaker 1>thoughts become things, like what you think about the most,

0:13:23.240 --> 0:13:26.079
<v Speaker 1>it becomes your reality. Like it just it's real. It

0:13:26.160 --> 0:13:28.760
<v Speaker 1>sounds like some hocus pocus, it sound like bs, but

0:13:28.800 --> 0:13:31.040
<v Speaker 1>if you think it enough and you really believe it,

0:13:31.120 --> 0:13:34.680
<v Speaker 1>like you put the working behind it, it uppen. So like, yeah,

0:13:34.760 --> 0:13:37.360
<v Speaker 1>to be where we are now with it, I feel

0:13:37.440 --> 0:13:39.880
<v Speaker 1>like I feel like the start of the third quarter.

0:13:40.360 --> 0:13:44.440
<v Speaker 1>That's like I might be down while like sixteen or something,

0:13:44.440 --> 0:13:47.280
<v Speaker 1>but it's like it do feel like the start come

0:13:47.320 --> 0:13:49.360
<v Speaker 1>back when Kobe threw that I'll leave the shock that

0:13:49.440 --> 0:13:51.839
<v Speaker 1>was down seventeen and starts the fourth quarter and then

0:13:51.880 --> 0:13:53.160
<v Speaker 1>he had to go to work on one of the

0:13:53.280 --> 0:13:57.200
<v Speaker 1>greatest defenders and ever, Yeah, we like that's for real, bro,

0:13:57.280 --> 0:14:00.520
<v Speaker 1>we really that Laker team. That's the two the Lakers,

0:14:00.760 --> 0:14:03.240
<v Speaker 1>yea hey, And that was the start of the three

0:14:03.280 --> 0:14:05.560
<v Speaker 1>p That's what was so crazy. That was when they

0:14:05.640 --> 0:14:07.560
<v Speaker 1>kept losing and people was kind of wondering, are they're

0:14:07.559 --> 0:14:10.120
<v Speaker 1>gonna get it? Portland was at number one. See, people

0:14:10.200 --> 0:14:12.199
<v Speaker 1>was wondering that they have it, and then they was

0:14:12.240 --> 0:14:14.000
<v Speaker 1>down and people was looking like, man, this team is

0:14:14.040 --> 0:14:16.520
<v Speaker 1>not gonna get it done, and they just really like

0:14:16.760 --> 0:14:18.360
<v Speaker 1>put it out And that was the start of that

0:14:18.480 --> 0:14:21.280
<v Speaker 1>three p that dynasty almost did not happen. Like if

0:14:21.320 --> 0:14:24.320
<v Speaker 1>you think any team down seventeen started the fourth quarter

0:14:25.440 --> 0:14:27.960
<v Speaker 1>game seven, you at home, the crowd was just looking

0:14:28.040 --> 0:14:30.840
<v Speaker 1>like they are not it and you have the a

0:14:31.520 --> 0:14:34.080
<v Speaker 1>they made it happen. What's so ill about that? Too?

0:14:34.200 --> 0:14:35.960
<v Speaker 1>Was like when Shock dunked in and he was like

0:14:36.080 --> 0:14:38.480
<v Speaker 1>pointing up. He was pointing up to his son, Sharif.

0:14:39.400 --> 0:14:41.200
<v Speaker 1>That's what he was doing. He was pointing out Sharif

0:14:41.320 --> 0:14:44.440
<v Speaker 1>his son, Like you see that like us? What's crazy

0:14:44.560 --> 0:14:47.760
<v Speaker 1>is right? I feel like that's where we are where

0:14:47.800 --> 0:14:51.280
<v Speaker 1>the two thousand Lakers. Like, people see that we got something,

0:14:51.800 --> 0:14:54.680
<v Speaker 1>but they're like, yo, can they bring it together? For sure?

0:14:55.000 --> 0:15:01.640
<v Speaker 1>I feel like, um, like we were really down seventeen

0:15:01.720 --> 0:15:04.080
<v Speaker 1>like right now we like now, I think people seeing

0:15:04.160 --> 0:15:06.400
<v Speaker 1>us kind of they don't know where mounting a comeback,

0:15:06.760 --> 0:15:10.000
<v Speaker 1>Like we're in that huddle when they're seventeen down and whatever.

0:15:10.160 --> 0:15:13.200
<v Speaker 1>Phiel was saying, it's like, yo, this is the time.

0:15:13.400 --> 0:15:17.960
<v Speaker 1>And what's funny about that seventeen point deficit is Kobe

0:15:18.960 --> 0:15:23.440
<v Speaker 1>had to make a choice that he was the key

0:15:23.680 --> 0:15:27.200
<v Speaker 1>because that team was a perimeter threat team to a degree.

0:15:28.080 --> 0:15:32.000
<v Speaker 1>Scottie Pippen is obviously an all time great defender, so

0:15:32.120 --> 0:15:34.680
<v Speaker 1>Kobe had to go to work even with that dunk.

0:15:34.720 --> 0:15:38.720
<v Speaker 1>That's a Kobe lob, like, you gotta break down. Scottie

0:15:38.720 --> 0:15:42.600
<v Speaker 1>Pippen one of the greatest defenders, if not the first,

0:15:42.720 --> 0:15:45.920
<v Speaker 1>the second greatest small forward defender in history. Shout out

0:15:47.160 --> 0:15:53.200
<v Speaker 1>because he used He saw it work on Jordan, so

0:15:53.240 --> 0:15:55.880
<v Speaker 1>he hitting with the cross right, he hitting with the

0:15:55.960 --> 0:16:01.440
<v Speaker 1>cross broking and tossed the lib up. Yeah, it's funny

0:16:01.440 --> 0:16:04.680
<v Speaker 1>how sometimes also, like we're scores, some of their best

0:16:04.680 --> 0:16:08.800
<v Speaker 1>players are passage Kobe passing it to Ronald testing him

0:16:08.840 --> 0:16:11.160
<v Speaker 1>hitting that three and then kissing to the crowd. Everybody

0:16:11.200 --> 0:16:13.280
<v Speaker 1>was like, don't shoot, Like you know what I'm saying,

0:16:14.200 --> 0:16:19.800
<v Speaker 1>y'all titles, I got it. That's why you have a team.

0:16:20.160 --> 0:16:22.200
<v Speaker 1>So I brought you out here to talk crypto ship

0:16:22.840 --> 0:16:26.960
<v Speaker 1>because y'all both always pushing that crypto ship the crypto space,

0:16:27.840 --> 0:16:33.200
<v Speaker 1>and I funk with it. Do you funk with the idea? Look?

0:16:33.600 --> 0:16:39.560
<v Speaker 1>Just because I felt with something only nine adults sinning

0:16:39.600 --> 0:16:44.880
<v Speaker 1>against the most you thing ever happen exactly. That's what

0:16:44.960 --> 0:16:47.880
<v Speaker 1>I tell him. It's the most mathematical thing ever. And

0:16:48.000 --> 0:16:51.000
<v Speaker 1>you're a status status do who's the numbers? Guys? So

0:16:51.040 --> 0:16:54.920
<v Speaker 1>if you and it's heterarchical not hierarchical, I believe it's

0:16:54.920 --> 0:16:58.360
<v Speaker 1>a phrase like it's it's not it's not built like

0:16:58.360 --> 0:17:02.160
<v Speaker 1>like the Google's system of the world is built like

0:17:02.280 --> 0:17:06.760
<v Speaker 1>a pyramid. This is built like the Great Wall of China.

0:17:07.600 --> 0:17:12.560
<v Speaker 1>Sure you know there there isn't a singular gatekeeper. It's

0:17:12.680 --> 0:17:17.240
<v Speaker 1>it is the most democratized economic system of all time.

0:17:17.359 --> 0:17:21.800
<v Speaker 1>It's the idea of America. It's gonna bring back like, yeah,

0:17:21.880 --> 0:17:25.879
<v Speaker 1>what our founding fathers was, like freedom, liberty, and pursue

0:17:25.920 --> 0:17:30.240
<v Speaker 1>the happiness. It's like kind of help people fulfill that again.

0:17:31.119 --> 0:17:33.720
<v Speaker 1>But do you understand why I don't funk with it

0:17:34.080 --> 0:17:37.639
<v Speaker 1>because you you're you always say when I want to

0:17:37.680 --> 0:17:40.440
<v Speaker 1>cash out, which I think that is where you go wrong.

0:17:40.480 --> 0:17:42.399
<v Speaker 1>You don't cash out when you buy a big point.

0:17:42.560 --> 0:17:44.639
<v Speaker 1>That's when you cashed out, when you got rid of

0:17:44.640 --> 0:17:47.760
<v Speaker 1>that the trash. So so, but let me ask you

0:17:47.760 --> 0:17:53.000
<v Speaker 1>a question, right, So, let's say, theoretically, m M, the

0:17:53.080 --> 0:17:55.440
<v Speaker 1>people that print money, the people that have the most

0:17:55.520 --> 0:17:58.639
<v Speaker 1>vested interests in printing money probably right, one of the

0:17:58.680 --> 0:18:03.959
<v Speaker 1>wealthiest groups of people breathing there right, Um, they decided

0:18:04.000 --> 0:18:07.840
<v Speaker 1>to start fighting back. Mind you, we're talking about how

0:18:07.840 --> 0:18:11.280
<v Speaker 1>many generations of wealth. But they're already starting to adopt

0:18:11.320 --> 0:18:15.680
<v Speaker 1>it though. Yeah, they're not gonna have adopted uh, because

0:18:15.760 --> 0:18:18.000
<v Speaker 1>it don't make sense for the people who print money

0:18:18.080 --> 0:18:21.479
<v Speaker 1>to adopt a democratic system where everything is fair. Why

0:18:21.520 --> 0:18:24.560
<v Speaker 1>would somebody who has an advance in Bank of Turkey

0:18:24.600 --> 0:18:28.920
<v Speaker 1>because of what happened in Turkey with that exchange, they said,

0:18:28.920 --> 0:18:31.080
<v Speaker 1>you know what, we probably should step in and we'll

0:18:31.119 --> 0:18:32.960
<v Speaker 1>be the ones that hold it and help out with this.

0:18:33.040 --> 0:18:35.000
<v Speaker 1>So these so it's they don't run off with it.

0:18:35.040 --> 0:18:36.240
<v Speaker 1>And now I don't know if you want to have

0:18:36.359 --> 0:18:42.200
<v Speaker 1>a central entity controlling a decentralized thing. Well that that's

0:18:42.200 --> 0:18:44.680
<v Speaker 1>why people custody their own keys. That's why people having

0:18:44.880 --> 0:18:49.000
<v Speaker 1>enough research the first ruling crypto is not your keys,

0:18:49.040 --> 0:18:51.080
<v Speaker 1>not your coins. If you don't own the custody to

0:18:51.080 --> 0:18:54.080
<v Speaker 1>your keys and they're sitting on an exchange, on coin base,

0:18:54.200 --> 0:18:57.679
<v Speaker 1>on robin hood, whoever owns that can do like that

0:18:57.760 --> 0:18:59.760
<v Speaker 1>dude in Turkey didn't just bounce up out of here

0:18:59.760 --> 0:19:02.040
<v Speaker 1>and be in Albania with two billion dollars. It's gonna

0:19:02.040 --> 0:19:06.399
<v Speaker 1>happen more. But but but that's the pointed. Humans are greedy,

0:19:06.640 --> 0:19:09.000
<v Speaker 1>so you need to protect yourself against people's greed. But

0:19:09.080 --> 0:19:10.920
<v Speaker 1>that's my point I'm saying to you. Right, so when

0:19:11.000 --> 0:19:13.479
<v Speaker 1>the people that print money, right, the people who control

0:19:13.600 --> 0:19:17.880
<v Speaker 1>the press to the money, right, they decide that this

0:19:17.920 --> 0:19:21.720
<v Speaker 1>is at this point, this is a threat to our establishment, right,

0:19:21.800 --> 0:19:25.760
<v Speaker 1>they figure out they're planning to fight back. Right, then

0:19:25.880 --> 0:19:29.000
<v Speaker 1>you'll still need to take coins, right, You still need

0:19:29.040 --> 0:19:32.040
<v Speaker 1>to take crypto coins at that point, right, and turn

0:19:32.119 --> 0:19:37.919
<v Speaker 1>them into something that you can pay tax with. To

0:19:38.119 --> 0:19:40.560
<v Speaker 1>not confuse I think, to not confuse people, or not

0:19:40.720 --> 0:19:43.159
<v Speaker 1>to worry yourself. If you should only put money in

0:19:43.160 --> 0:19:45.840
<v Speaker 1>there that you're okay with losing. So if it blows

0:19:45.920 --> 0:19:48.800
<v Speaker 1>up and it goes to poof, well too bad, that

0:19:48.880 --> 0:19:51.320
<v Speaker 1>might have been the illest thing. That's it, So that

0:19:51.359 --> 0:19:52.840
<v Speaker 1>you don't have to worry about it it. Don't put

0:19:52.840 --> 0:19:54.960
<v Speaker 1>your whole life savings, they'll go sell your house, don't

0:19:54.960 --> 0:19:57.520
<v Speaker 1>go do none of that. Take five percent of your

0:19:57.520 --> 0:19:59.320
<v Speaker 1>money and put it there and don't worry about it

0:19:59.359 --> 0:20:01.280
<v Speaker 1>for ten years. And then look up which I think

0:20:01.359 --> 0:20:03.159
<v Speaker 1>is brilliant. Right, that's all you really have to do.

0:20:03.400 --> 0:20:06.280
<v Speaker 1>But like I said, so, so my fears, right is

0:20:07.600 --> 0:20:11.399
<v Speaker 1>if I move economics, which that actually is brilliant, And

0:20:11.480 --> 0:20:13.400
<v Speaker 1>you never said that, So kiss my ask for never

0:20:13.440 --> 0:20:15.840
<v Speaker 1>saying that, because that kind of looks up my whole

0:20:15.840 --> 0:20:23.680
<v Speaker 1>point here, at my whole point, man, I think. I mean,

0:20:24.240 --> 0:20:26.680
<v Speaker 1>I don't know, man, It's like it's like the internet. Man,

0:20:26.720 --> 0:20:29.800
<v Speaker 1>it's like electricity. It's just something that's inevitable at this point.

0:20:29.840 --> 0:20:33.200
<v Speaker 1>And it's like the rabbits, it's Pandora's boxes open. It's

0:20:33.240 --> 0:20:36.160
<v Speaker 1>like it's not going backwards. You've got people in government

0:20:36.840 --> 0:20:40.600
<v Speaker 1>like you got the Louis Louis legislation in Louisiana like

0:20:40.680 --> 0:20:43.560
<v Speaker 1>putting it's like, bro, this is just not going backwards

0:20:43.560 --> 0:20:48.760
<v Speaker 1>from here. Yeah, it's if you look back at I

0:20:49.480 --> 0:20:51.159
<v Speaker 1>think that there's two ways to look at You can

0:20:51.200 --> 0:20:54.159
<v Speaker 1>look at it for the for the technology that it is,

0:20:54.280 --> 0:20:55.760
<v Speaker 1>or you can try to look at it like it's

0:20:55.760 --> 0:20:57.520
<v Speaker 1>a currency. It's not going to be a currency. It's

0:20:57.520 --> 0:21:00.520
<v Speaker 1>not a currency. It's like both of those. Well, I

0:21:00.520 --> 0:21:02.720
<v Speaker 1>think you'll have in two different because there's bitcoin the

0:21:02.760 --> 0:21:05.240
<v Speaker 1>capital B, and then there's bitcoin because there's the asset

0:21:05.280 --> 0:21:07.520
<v Speaker 1>and then there's the currency. It's the technology and then

0:21:07.560 --> 0:21:13.000
<v Speaker 1>the currency. It's two parts. Understand that the crisis, the

0:21:13.640 --> 0:21:16.200
<v Speaker 1>crisis and currency right now is that you can't have

0:21:17.240 --> 0:21:21.320
<v Speaker 1>to put in like simple terms, there's six plus trillion

0:21:21.359 --> 0:21:24.560
<v Speaker 1>dollars a day and currency global currency trade that exists.

0:21:25.040 --> 0:21:29.000
<v Speaker 1>You can't have a scale the way itself. The scale

0:21:29.040 --> 0:21:32.320
<v Speaker 1>is either weighing something else or its weight on another scale.

0:21:33.200 --> 0:21:37.359
<v Speaker 1>The scale can't weigh itself because that violates the metric

0:21:37.480 --> 0:21:45.000
<v Speaker 1>standard of value. To me, I look at at decentralized

0:21:45.119 --> 0:21:51.919
<v Speaker 1>crypto technology and yeah, and and bitcoin, the Bitcoin blockchain

0:21:51.920 --> 0:21:56.679
<v Speaker 1>network for what it is looking forward, Bitcoin is not

0:21:56.720 --> 0:21:58.840
<v Speaker 1>going to be the new currency. It's it's it's become

0:21:59.000 --> 0:22:01.520
<v Speaker 1>so speculative that it can't hold a standard of value.

0:22:02.680 --> 0:22:07.400
<v Speaker 1>What it is going to become is basically the it's

0:22:07.440 --> 0:22:10.360
<v Speaker 1>the largest virtual infrastructure in the world. It's a it's

0:22:10.400 --> 0:22:14.080
<v Speaker 1>a it's a trillion plus dollar valued virtual infrastructure. You're

0:22:14.080 --> 0:22:17.120
<v Speaker 1>starting to see decentralized apps and other ecosystems and whatever

0:22:17.160 --> 0:22:19.600
<v Speaker 1>else built on top of that because it's so large

0:22:19.600 --> 0:22:22.200
<v Speaker 1>and so secure that people have figured out a way

0:22:22.240 --> 0:22:25.840
<v Speaker 1>through clarity, smart contract languages, and wrapping and other things

0:22:26.160 --> 0:22:28.719
<v Speaker 1>to are now, like the way Amazon or you know,

0:22:28.800 --> 0:22:35.320
<v Speaker 1>hosts everybody's website and app, they are hosting everybody's security

0:22:35.359 --> 0:22:39.320
<v Speaker 1>transactional capacity on there. There's other ones that don't, but

0:22:39.359 --> 0:22:41.359
<v Speaker 1>they have such a huge enormous market share, and as

0:22:41.359 --> 0:22:44.560
<v Speaker 1>you start to see that happen more, it's gonna sustain

0:22:44.680 --> 0:22:46.520
<v Speaker 1>the value of it. But you're not looking at it

0:22:46.560 --> 0:22:48.560
<v Speaker 1>as a currency. You're looking at as as a as

0:22:48.560 --> 0:22:53.280
<v Speaker 1>a virtual infrastructure for security, and it's still lonely maybe

0:22:53.280 --> 0:22:58.080
<v Speaker 1>one to three of what is gonna be. So it's

0:22:58.080 --> 0:23:01.680
<v Speaker 1>gonna stabilize that it's ten million dollars a coin or something,

0:23:01.720 --> 0:23:04.600
<v Speaker 1>then the fluctuations won't be as much of it's fifty

0:23:04.640 --> 0:23:07.600
<v Speaker 1>million dollars a coin, eighty million dollars a coin, it'll

0:23:08.640 --> 0:23:10.879
<v Speaker 1>the pallette is so big, like right now, we're still

0:23:10.920 --> 0:23:13.359
<v Speaker 1>in such an early stage at the beginning. If something's

0:23:13.359 --> 0:23:15.520
<v Speaker 1>gonna live for three hundred years, four hundred years, and

0:23:15.520 --> 0:23:17.600
<v Speaker 1>we're watching the first thirteen years of it, it's like

0:23:18.200 --> 0:23:21.240
<v Speaker 1>it's like if a grown man lives and you're watching

0:23:21.280 --> 0:23:26.000
<v Speaker 1>the embryo in in two months inside the mom and

0:23:26.000 --> 0:23:28.160
<v Speaker 1>it's going to become an adult, grown man, and you're

0:23:28.160 --> 0:23:30.199
<v Speaker 1>seeing that part of it, trying to like gauge what

0:23:30.280 --> 0:23:31.920
<v Speaker 1>it's going to become. Like you know what I'm saying,

0:23:31.920 --> 0:23:35.320
<v Speaker 1>it's still so early that like even for like we've

0:23:35.320 --> 0:23:37.800
<v Speaker 1>been talking about it since two thousand and sixteen, even me,

0:23:38.040 --> 0:23:41.240
<v Speaker 1>even me seeing something as silly as doge back in

0:23:41.480 --> 0:23:44.160
<v Speaker 1>two thousand and sixteen and researching it and really looking

0:23:44.200 --> 0:23:46.520
<v Speaker 1>like okay, because I'm thinking, like other people think, right now,

0:23:46.600 --> 0:23:48.760
<v Speaker 1>that's just getting into the space. Oh maybe there's gonna

0:23:48.760 --> 0:23:53.040
<v Speaker 1>be another the next big coins. From reading those marketing

0:23:53.080 --> 0:23:55.840
<v Speaker 1>books twenty two immutable laws of marketing, like the first

0:23:55.880 --> 0:24:00.760
<v Speaker 1>Mover's advantage, those kind of laws in places like is

0:24:01.359 --> 0:24:03.600
<v Speaker 1>it's already like cornered the market in the sense that

0:24:03.680 --> 0:24:05.359
<v Speaker 1>like I don't know what it's going to become, but

0:24:05.440 --> 0:24:07.359
<v Speaker 1>it's already just going to be a part of our world,

0:24:07.359 --> 0:24:11.159
<v Speaker 1>in our everyday transactions. And and I think everything is

0:24:11.200 --> 0:24:13.880
<v Speaker 1>gonna start getting priced in bitcoin. That's why most people

0:24:13.960 --> 0:24:16.600
<v Speaker 1>look at things in like dollar signs. When you start

0:24:16.720 --> 0:24:21.200
<v Speaker 1>pricing houses in bitcoin and pricing everything in that, that's

0:24:21.200 --> 0:24:23.880
<v Speaker 1>when the flip is gonna That's why that's not going

0:24:24.080 --> 0:24:26.400
<v Speaker 1>And that's probably twelve years away. Though, but to see

0:24:26.400 --> 0:24:30.440
<v Speaker 1>that that's where that's happen and only and the reason

0:24:30.480 --> 0:24:33.560
<v Speaker 1>it's not going to happen is for sure, the people

0:24:33.560 --> 0:24:36.920
<v Speaker 1>who print money. They have to fight that. But you

0:24:36.960 --> 0:24:39.399
<v Speaker 1>can buy Tula with bitcoin right now, so that Tesla

0:24:39.520 --> 0:24:42.240
<v Speaker 1>is priced in bitcoin. But that's because nobody's pushing it,

0:24:42.359 --> 0:24:44.920
<v Speaker 1>like nobody is still fighting. They haven't sold one yet

0:24:44.960 --> 0:24:48.719
<v Speaker 1>because the community knows, like they've seen stories in two

0:24:48.760 --> 0:24:52.440
<v Speaker 1>thousand thirteen of somebody buying a porst for bitcoins. Well

0:24:52.480 --> 0:24:55.240
<v Speaker 1>that's exactly why bitcoin can't become a currency, because you

0:24:55.280 --> 0:24:57.680
<v Speaker 1>can't be the scale and the way at the same time. Well,

0:24:57.920 --> 0:25:00.000
<v Speaker 1>it does have to become a store of value first,

0:25:00.040 --> 0:25:02.520
<v Speaker 1>A consistent store value is kind of starting to hit

0:25:02.600 --> 0:25:05.160
<v Speaker 1>that point before it becomes a unit of account. There's

0:25:05.200 --> 0:25:08.440
<v Speaker 1>like an art I think you're having two different conversations.

0:25:08.880 --> 0:25:11.000
<v Speaker 1>So say that to him again, say that to him.

0:25:11.040 --> 0:25:15.720
<v Speaker 1>What you're saying, the reason why? What? What's holding back?

0:25:16.119 --> 0:25:18.440
<v Speaker 1>I think I think maybe it won't be what's the

0:25:18.520 --> 0:25:21.080
<v Speaker 1>currency is? Maybe it's just a wall of like like

0:25:21.359 --> 0:25:23.479
<v Speaker 1>a wall of wealth. When you need money, like when

0:25:23.520 --> 0:25:25.720
<v Speaker 1>I need to pay my taxes up, pull some money

0:25:25.800 --> 0:25:27.000
<v Speaker 1>up when I needed you know, what I mean. If

0:25:27.040 --> 0:25:29.359
<v Speaker 1>I have to do something large, hey, if I need

0:25:29.480 --> 0:25:32.480
<v Speaker 1>income you know what I'm saying, or extra money dollars

0:25:32.600 --> 0:25:35.000
<v Speaker 1>to do that, then yeah, that's probably what it might

0:25:35.040 --> 0:25:37.439
<v Speaker 1>be for the same way you can pull out equity

0:25:37.480 --> 0:25:39.760
<v Speaker 1>out of a house or something you need extra you

0:25:39.800 --> 0:25:41.760
<v Speaker 1>know what I mean, it's the same type of asset.

0:25:42.040 --> 0:25:43.760
<v Speaker 1>I think it's a few like that. I think it

0:25:43.840 --> 0:25:45.720
<v Speaker 1>may be used like that instead of a day to

0:25:45.800 --> 0:25:49.080
<v Speaker 1>day transaction. I think it will be closer to go. Yes,

0:25:49.240 --> 0:25:52.159
<v Speaker 1>digital goal, I think we go. But see the thing

0:25:52.240 --> 0:25:54.960
<v Speaker 1>about like like right now, right if I had a

0:25:55.040 --> 0:25:58.359
<v Speaker 1>ten pound bar gold, that's where is that about? Gold?

0:25:58.440 --> 0:26:02.240
<v Speaker 1>Is ware about eighteen hundred? Then hobably somebody who has

0:26:02.280 --> 0:26:04.040
<v Speaker 1>a bunch of gold. There's people who have a bunch

0:26:04.080 --> 0:26:08.159
<v Speaker 1>of gold right in and stored right hundreds of pounds

0:26:08.200 --> 0:26:11.199
<v Speaker 1>of God, somebody has it, right, how do they if

0:26:11.240 --> 0:26:13.600
<v Speaker 1>it's an Arabian prince, I don't know, you know what

0:26:13.640 --> 0:26:17.240
<v Speaker 1>I'm saying. Whoever, how do that translate to their wealth?

0:26:17.320 --> 0:26:20.400
<v Speaker 1>How does how do they maneuver that to be their wealth?

0:26:20.440 --> 0:26:22.560
<v Speaker 1>If they're storing a bunch of it, you know what

0:26:22.600 --> 0:26:25.560
<v Speaker 1>I'm saying, what do they do with that? Well, I mean,

0:26:25.800 --> 0:26:27.240
<v Speaker 1>how do they make it liquid or how what do

0:26:27.320 --> 0:26:29.760
<v Speaker 1>they do? Typically, if you have you know, gold that's

0:26:29.800 --> 0:26:34.080
<v Speaker 1>in a federal reserve bank or for noxiously, something that's

0:26:34.160 --> 0:26:37.720
<v Speaker 1>that's identified, where you have other entities where they're there's

0:26:37.720 --> 0:26:42.399
<v Speaker 1>an agreement that it's secure and fluid, you're basically selling

0:26:42.440 --> 0:26:46.280
<v Speaker 1>contractual rights to the contents of what's there, so then

0:26:46.359 --> 0:26:50.080
<v Speaker 1>you have liquid in your account whatever I mean, which

0:26:50.119 --> 0:26:52.320
<v Speaker 1>is exactly kind of what was happening with bitcoin because

0:26:52.359 --> 0:26:57.840
<v Speaker 1>you don't actually transfer like like I don't own the

0:26:58.040 --> 0:27:00.760
<v Speaker 1>node and all that other stuff on the rights to it.

0:27:00.880 --> 0:27:04.920
<v Speaker 1>But I look at it as being the It's like,

0:27:05.359 --> 0:27:10.640
<v Speaker 1>right now, the Internet is a really really shitty highway

0:27:10.720 --> 0:27:16.200
<v Speaker 1>system and and bitcoin is a world class tollway system.

0:27:16.880 --> 0:27:19.480
<v Speaker 1>Like I just did some some transactions a week or

0:27:19.520 --> 0:27:24.240
<v Speaker 1>so going part of yeah, part of the price deduction breakdowns.

0:27:24.280 --> 0:27:26.639
<v Speaker 1>There was a five dollar and eleventh cent for you,

0:27:26.880 --> 0:27:30.520
<v Speaker 1>you know, for usage of the bitcoin blockchain. Because this

0:27:30.680 --> 0:27:33.440
<v Speaker 1>was wrapped on on a platform on top of the

0:27:33.480 --> 0:27:37.400
<v Speaker 1>bitcoin blockchain. So I don't see it necessarily as being

0:27:39.160 --> 0:27:41.880
<v Speaker 1>a commodity type of thing. It's it's it's grown into

0:27:42.960 --> 0:27:45.720
<v Speaker 1>a virtual infrastructure that holds its value by passage upon

0:27:45.880 --> 0:27:48.560
<v Speaker 1>set infrastructure. And when you start to see large, big

0:27:48.680 --> 0:27:51.920
<v Speaker 1>commercial vehicles quote unquote passing on there, it's bigger toll

0:27:52.480 --> 0:27:54.960
<v Speaker 1>than Joe Blow passing over with the civic you know,

0:27:55.040 --> 0:27:58.119
<v Speaker 1>like when you go through the like the state checked

0:27:59.119 --> 0:28:01.359
<v Speaker 1>back from Vegas. That That's what I was saying, meet you.

0:28:01.560 --> 0:28:06.159
<v Speaker 1>I see it as gold like the way I see gold. Right. Um,

0:28:07.440 --> 0:28:10.720
<v Speaker 1>I agree, it's a great place to store wealth. I

0:28:10.840 --> 0:28:13.040
<v Speaker 1>think I think big coin to inventually get to a

0:28:13.080 --> 0:28:15.480
<v Speaker 1>place where it's a perfect storage wealth. I mean where

0:28:15.480 --> 0:28:18.680
<v Speaker 1>you could store just having something. The issue is the

0:28:18.760 --> 0:28:21.840
<v Speaker 1>concept of currency. That's where I think we were differ

0:28:21.920 --> 0:28:24.800
<v Speaker 1>I'm like, just like gold is not a usable currency

0:28:24.920 --> 0:28:27.600
<v Speaker 1>in America. Like even though it very much to a

0:28:27.720 --> 0:28:30.840
<v Speaker 1>degree is a currency, it's not like if we go

0:28:30.960 --> 0:28:32.680
<v Speaker 1>to well minus is hard to move and we go

0:28:32.760 --> 0:28:35.000
<v Speaker 1>to Starbucks, we couldn't buy a cup of coffee with gold.

0:28:36.000 --> 0:28:40.440
<v Speaker 1>At one time you could. So my thing was once

0:28:40.520 --> 0:28:42.240
<v Speaker 1>the people who print money, because they did the same

0:28:42.280 --> 0:28:45.560
<v Speaker 1>thing to go that they they moved on it, right,

0:28:45.600 --> 0:28:48.360
<v Speaker 1>and they start putting laws in place to where mine

0:28:48.440 --> 0:28:50.280
<v Speaker 1>is that because they couldn't do that today where they

0:28:50.280 --> 0:28:52.400
<v Speaker 1>could be Oh just turn over all your ship. They

0:28:52.480 --> 0:28:55.160
<v Speaker 1>can't do that, but they're smart enough. So what they'll

0:28:55.200 --> 0:28:58.640
<v Speaker 1>do is you don't allow this to pay taxes. And

0:28:58.720 --> 0:29:00.240
<v Speaker 1>then at that point then you have to pay a

0:29:00.280 --> 0:29:03.600
<v Speaker 1>capital gains tax when you're selling it to only pay taxes.

0:29:04.640 --> 0:29:07.960
<v Speaker 1>You get what I'm saying, So you end up almost

0:29:08.000 --> 0:29:11.120
<v Speaker 1>like a double tax to a degree, I mean kind of.

0:29:11.200 --> 0:29:12.440
<v Speaker 1>I mean, if you have to, if you have to

0:29:12.520 --> 0:29:16.680
<v Speaker 1>liquidate a security asset to pay your taxes, which happens,

0:29:17.360 --> 0:29:19.720
<v Speaker 1>then you're gonna get taxed on it. I mean, like

0:29:22.120 --> 0:29:25.760
<v Speaker 1>that's that's the biggest gripe about people with it within

0:29:25.840 --> 0:29:27.920
<v Speaker 1>the state tax. Like if you know I had a

0:29:28.520 --> 0:29:30.800
<v Speaker 1>company or a really big house or a farm, and

0:29:30.880 --> 0:29:32.320
<v Speaker 1>I die, I want to give it to my kids,

0:29:32.360 --> 0:29:33.840
<v Speaker 1>and they don't have the cash on hand to pay

0:29:33.880 --> 0:29:35.680
<v Speaker 1>that a state tax. They have to sell the property,

0:29:35.760 --> 0:29:38.040
<v Speaker 1>pay the capital gains on that property, and then pay

0:29:38.080 --> 0:29:41.760
<v Speaker 1>the state tax. So it's just like a big show.

0:29:42.200 --> 0:29:45.200
<v Speaker 1>Where I really funked with big Coin was this initial

0:29:45.280 --> 0:29:48.720
<v Speaker 1>phase when I first start handing about it, when you

0:29:48.840 --> 0:29:53.000
<v Speaker 1>talked to me before seen about I thought you talked.

0:29:53.760 --> 0:29:56.200
<v Speaker 1>I found about it in two thousand twelve, and you

0:29:56.280 --> 0:30:01.360
<v Speaker 1>talk to me a mom, brother and my sister told

0:30:01.400 --> 0:30:02.920
<v Speaker 1>me they know about it. In two thousand and thirteen.

0:30:02.960 --> 0:30:05.040
<v Speaker 1>I was like, so, y'all just didn't tell me it

0:30:05.160 --> 0:30:09.920
<v Speaker 1>was so it was a film. Oh yeah, and that's

0:30:09.960 --> 0:30:11.960
<v Speaker 1>before I saw that movie. But I didn't I saw

0:30:12.040 --> 0:30:16.720
<v Speaker 1>that movie that Yeah it was he was hustling, yeah,

0:30:16.880 --> 0:30:18.960
<v Speaker 1>and he stored the money on a big one. But

0:30:19.280 --> 0:30:20.800
<v Speaker 1>it just went in one year and out there. Bro,

0:30:20.920 --> 0:30:22.760
<v Speaker 1>when I had when I was playing g T A five,

0:30:23.240 --> 0:30:25.560
<v Speaker 1>you do missions on there and I'd be like cryptocurrency

0:30:25.640 --> 0:30:28.040
<v Speaker 1>transferred to your account or your wallet, and it just

0:30:28.680 --> 0:30:31.600
<v Speaker 1>went one ar and out the other. I'm like, I

0:30:33.080 --> 0:30:36.600
<v Speaker 1>could tell you gress be like much an idiot, Like

0:30:36.680 --> 0:30:38.760
<v Speaker 1>you were sitting there for three years. You're just playing

0:30:38.800 --> 0:30:41.920
<v Speaker 1>it through through. They're over here obviously getting big money

0:30:41.960 --> 0:30:44.400
<v Speaker 1>and they're transferring it through cryptocurrency. So you didn't think,

0:30:45.000 --> 0:30:47.800
<v Speaker 1>what is that is that? Yeah? Like no, you just

0:30:49.080 --> 0:30:51.120
<v Speaker 1>the same way people do right now. So it's like,

0:30:51.320 --> 0:30:54.040
<v Speaker 1>I don't know, I get it, but it's like, so

0:30:54.400 --> 0:30:58.400
<v Speaker 1>nobody told me conditially I was for it when outside

0:30:58.400 --> 0:31:04.280
<v Speaker 1>of it being the stat the centralized, it was also underground. Yeah. See,

0:31:04.400 --> 0:31:06.800
<v Speaker 1>I'm like when it was soak Road and all that, like,

0:31:07.080 --> 0:31:09.800
<v Speaker 1>give me government, but I just don't like paying income taxes.

0:31:10.320 --> 0:31:13.680
<v Speaker 1>Nobody does no no like no no like like like

0:31:13.800 --> 0:31:16.640
<v Speaker 1>how clueklus plan member hated you, like I hate it.

0:31:17.680 --> 0:31:20.239
<v Speaker 1>How Hitler hated Jews. That's how much I hated. From

0:31:20.280 --> 0:31:23.200
<v Speaker 1>that point of view, America is a corporation, right, So

0:31:23.400 --> 0:31:26.600
<v Speaker 1>you're born on in their company. Right, they give you

0:31:26.720 --> 0:31:29.600
<v Speaker 1>a number, your social purity and your job number. You're

0:31:29.600 --> 0:31:36.120
<v Speaker 1>walking around start making money in their corporation. Yeah, you

0:31:36.320 --> 0:31:38.360
<v Speaker 1>you on the street, you're in the bill, you you're

0:31:38.440 --> 0:31:40.520
<v Speaker 1>doing all these things that they sign up for. This brother,

0:31:41.600 --> 0:31:44.720
<v Speaker 1>I didn't sign up for it. So hence, so I

0:31:44.800 --> 0:31:48.760
<v Speaker 1>get it that people accepted. I strug I'm telling you mentally,

0:31:48.920 --> 0:31:52.160
<v Speaker 1>I struggled to accept it because yeah, I get it too.

0:31:52.360 --> 0:31:57.000
<v Speaker 1>I struggled to accept that because I made money. But

0:31:57.200 --> 0:32:00.080
<v Speaker 1>you deserve a cutting up now, listening, I'm not a

0:32:00.200 --> 0:32:02.600
<v Speaker 1>taxes talks around all day talking about he's a socialist,

0:32:02.840 --> 0:32:05.760
<v Speaker 1>and that's why you're No, you're a You're a philanthropist, humanitarian,

0:32:06.120 --> 0:32:10.440
<v Speaker 1>not a socialist, because they don't do a good job. Listen,

0:32:10.960 --> 0:32:13.160
<v Speaker 1>it's not the fact that I have to pay the taxes.

0:32:13.800 --> 0:32:15.720
<v Speaker 1>I have no problem playing my taxes on my card.

0:32:15.760 --> 0:32:18.280
<v Speaker 1>The DMV they fix the road. That's why I'm talking ship.

0:32:18.520 --> 0:32:21.320
<v Speaker 1>When you don't fix the road, I pay taxes. Fix

0:32:21.400 --> 0:32:24.320
<v Speaker 1>the fucking role bro, potholes of ship. I'm okay with

0:32:24.440 --> 0:32:27.320
<v Speaker 1>the taxes. My problem is when you take my tax

0:32:27.400 --> 0:32:30.880
<v Speaker 1>dollars and you don't do a good job, like when

0:32:30.920 --> 0:32:34.000
<v Speaker 1>we go buy something right from a store. That tax

0:32:34.080 --> 0:32:37.400
<v Speaker 1>money is supposed to go into the infrastructure of making

0:32:37.440 --> 0:32:41.000
<v Speaker 1>it right and and classy and and and and healthy

0:32:41.160 --> 0:32:44.800
<v Speaker 1>and correct. For you, bro, do the right. If I'm

0:32:44.840 --> 0:32:47.840
<v Speaker 1>paying income taxes to us and all you're doing the

0:32:47.920 --> 0:32:51.480
<v Speaker 1>government money, that's what the world exists on a binary.

0:32:51.960 --> 0:32:54.040
<v Speaker 1>So I am a socialist. I don't want to give

0:32:54.080 --> 0:32:56.160
<v Speaker 1>the government my money. I would rather give it to

0:32:56.480 --> 0:33:00.440
<v Speaker 1>anybody else. I would rather give hilanthropist. I rather get

0:33:00.440 --> 0:33:02.320
<v Speaker 1>my money to a crack addict than the government. At

0:33:02.400 --> 0:33:05.320
<v Speaker 1>least he go on small crack. The government gonna do

0:33:05.400 --> 0:33:08.600
<v Speaker 1>number start fights like when income tax what's income tax back?

0:33:08.640 --> 0:33:12.800
<v Speaker 1>And like nineteen what thirteen or some ship. It was

0:33:13.000 --> 0:33:16.120
<v Speaker 1>really it was like obscenely high for a very long time.

0:33:18.840 --> 0:33:21.200
<v Speaker 1>But there wasn't a lot of income either, So it's

0:33:21.240 --> 0:33:24.680
<v Speaker 1>like running time of the Great Depression and after that

0:33:24.920 --> 0:33:28.080
<v Speaker 1>before that for a long time. But I'm saying income

0:33:28.120 --> 0:33:32.120
<v Speaker 1>taxes not like like a thousand years old m It's

0:33:32.160 --> 0:33:34.080
<v Speaker 1>like you just tax me because I made money. The

0:33:34.240 --> 0:33:39.040
<v Speaker 1>income tax didn't start until I think, and it was

0:33:39.160 --> 0:33:41.480
<v Speaker 1>and it was an idea, right there was raising money

0:33:41.520 --> 0:33:43.600
<v Speaker 1>for a war. Right, but let me access. Are there

0:33:43.680 --> 0:33:47.120
<v Speaker 1>ways around paying taxes? Yes? Okay, So why are you complaining?

0:33:47.600 --> 0:33:49.720
<v Speaker 1>That's that's what I'm saying. So so bitcoin is not

0:33:49.800 --> 0:33:52.680
<v Speaker 1>a way, right you have you have businesses, you get

0:33:52.760 --> 0:33:56.160
<v Speaker 1>tax right off, So why are you complaining? You know, no, no, no, no, no,

0:33:56.360 --> 0:34:01.120
<v Speaker 1>no no. See that's the problem. Trump them got it right,

0:34:02.320 --> 0:34:04.360
<v Speaker 1>Well you better figure out how to get them. Trump

0:34:04.480 --> 0:34:07.280
<v Speaker 1>them spend thousands of dollars on tax mens per hour

0:34:07.960 --> 0:34:14.200
<v Speaker 1>to not pay a whole bunch of taxes. Yeah, it's tough, met,

0:34:14.320 --> 0:34:17.720
<v Speaker 1>I'm telling you, bro in our in our shade ain't

0:34:17.760 --> 0:34:20.359
<v Speaker 1>necessarily all right. Like I'm gonna be like, I'm gonna

0:34:20.360 --> 0:34:23.120
<v Speaker 1>say this, I'll pay. I have to do my taxes, right,

0:34:23.160 --> 0:34:25.200
<v Speaker 1>And I was, I was being drake. I didn't do

0:34:25.320 --> 0:34:27.200
<v Speaker 1>my taxes the last two years. I was two terms

0:34:27.239 --> 0:34:33.279
<v Speaker 1>that a social media marketing agency. If time was I

0:34:33.440 --> 0:34:35.160
<v Speaker 1>just hadn't do my taxes, I'm like, all right, let

0:34:35.200 --> 0:34:37.560
<v Speaker 1>me do my taxes, especially if I get my income

0:34:37.600 --> 0:34:43.920
<v Speaker 1>tax train all that so, and plus I gotta have

0:34:44.040 --> 0:34:47.480
<v Speaker 1>all that right for a bunch of ships. Anyway, I

0:34:47.600 --> 0:34:51.800
<v Speaker 1>end up having to pay, like in Texas now, relative

0:34:51.840 --> 0:34:54.320
<v Speaker 1>to what I've made over those couple of years. I

0:34:54.440 --> 0:34:58.560
<v Speaker 1>look at it like whatever here, Like that's small, that

0:34:58.719 --> 0:35:01.799
<v Speaker 1>five thousand whatever relative to what I made. So I'm

0:35:01.840 --> 0:35:03.960
<v Speaker 1>not gonna complain about it. Now. If somebody else who

0:35:04.000 --> 0:35:06.400
<v Speaker 1>only made maybe thirty thousand a year, if they had

0:35:06.480 --> 0:35:08.640
<v Speaker 1>to pay five thousand dollars in taxes, they would be like,

0:35:09.000 --> 0:35:12.560
<v Speaker 1>oh my god, they pay in Texas. No, somebody who

0:35:12.600 --> 0:35:15.520
<v Speaker 1>make thirty thousand dollars don't pay five grande. They don't.

0:35:15.520 --> 0:35:18.239
<v Speaker 1>They get taxes back. They got a kid or two. No,

0:35:18.400 --> 0:35:21.960
<v Speaker 1>that's that's a credit. They the taxes you pay is

0:35:22.040 --> 0:35:26.080
<v Speaker 1>that tax it's roughly about that. Well, there's the rate

0:35:26.120 --> 0:35:28.080
<v Speaker 1>and then there is the return. Average person looked at

0:35:28.120 --> 0:35:29.840
<v Speaker 1>it like I'm getting two thousand dollars back and they

0:35:29.960 --> 0:35:33.960
<v Speaker 1>made thirty thousand. They're happy. Basics to making x amount

0:35:34.000 --> 0:35:36.120
<v Speaker 1>and then paying five grand. If you make over a

0:35:36.200 --> 0:35:38.279
<v Speaker 1>Huney ground. Let's just like and you pay five grand

0:35:38.360 --> 0:35:42.279
<v Speaker 1>for two years of taxes. I don't care to, but

0:35:42.400 --> 0:35:44.800
<v Speaker 1>it's worse than that metro like prime example, if you

0:35:44.880 --> 0:35:48.000
<v Speaker 1>make five hundred thousand dollars, the taxes on that, So

0:35:48.440 --> 0:35:50.920
<v Speaker 1>it's like taxes. No, No, it's more than that. So

0:35:51.120 --> 0:35:54.279
<v Speaker 1>it's it's still how how close is it the thirty nine?

0:35:54.320 --> 0:35:57.080
<v Speaker 1>Now for what? Okay, well that's like how many people

0:35:57.120 --> 0:35:58.960
<v Speaker 1>make five hundred thousand dollars in the York And you

0:35:59.040 --> 0:36:01.440
<v Speaker 1>notice that that's not that is important. Focus on my

0:36:01.520 --> 0:36:06.920
<v Speaker 1>problems is relative because you're in the one percent if

0:36:06.960 --> 0:36:10.120
<v Speaker 1>you make five dollars years on my problems. So we're

0:36:10.160 --> 0:36:12.280
<v Speaker 1>talking about my problem, right, So even if they take fifty,

0:36:12.719 --> 0:36:15.000
<v Speaker 1>you get to fifty and you're mad about it, you

0:36:15.200 --> 0:36:19.160
<v Speaker 1>still made more than of people and you're not because

0:36:19.239 --> 0:36:23.200
<v Speaker 1>that's a quarter of a million dollars going into a furnace. Exactly,

0:36:23.640 --> 0:36:26.239
<v Speaker 1>I get it. It's part of the rules. It's just

0:36:26.440 --> 0:36:33.359
<v Speaker 1>what it is. No, No, half a minut a year. Yet,

0:36:33.560 --> 0:36:35.800
<v Speaker 1>give me two years and we're gonna have a different conversation.

0:36:35.880 --> 0:36:37.719
<v Speaker 1>I'm gonna come over here and be like, see how

0:36:37.760 --> 0:36:39.520
<v Speaker 1>you just take that? See that's that's See when you

0:36:39.600 --> 0:36:41.400
<v Speaker 1>talk like that, right when you when you feel like

0:36:41.440 --> 0:36:43.200
<v Speaker 1>you ain't getting this, remember I told you when you

0:36:43.280 --> 0:36:45.000
<v Speaker 1>get it, how it's gonna be different. See how you've

0:36:45.000 --> 0:36:48.000
<v Speaker 1>been getting how should be like when you get you

0:36:48.239 --> 0:36:50.000
<v Speaker 1>be like all that ship you're talking about, You'll be like,

0:36:50.280 --> 0:36:55.279
<v Speaker 1>motherfucker it is. I mean you just I get it.

0:36:55.640 --> 0:36:58.120
<v Speaker 1>I do get it. That does suck. It is of

0:36:58.160 --> 0:37:00.160
<v Speaker 1>your ship And you're like, what what is is is

0:37:00.160 --> 0:37:04.000
<v Speaker 1>it fair? It's fast right now? Yeah, so the state

0:37:04.120 --> 0:37:09.720
<v Speaker 1>is at fifth think we're change straight capital just straight

0:37:10.560 --> 0:37:14.879
<v Speaker 1>and right now capital. But right that's not because that's

0:37:14.920 --> 0:37:17.320
<v Speaker 1>the problem. It's not going to human being. You just

0:37:17.360 --> 0:37:23.200
<v Speaker 1>want to go give it out. Let me do it. Research.

0:37:23.480 --> 0:37:25.360
<v Speaker 1>You should do this. You should make a million dollars

0:37:25.440 --> 0:37:29.760
<v Speaker 1>one year right off every last expense you possibly fucking

0:37:29.920 --> 0:37:35.040
<v Speaker 1>can legally find out what the remainder is and research

0:37:35.120 --> 0:37:38.600
<v Speaker 1>a few charities that are good and give it all

0:37:38.760 --> 0:37:43.239
<v Speaker 1>to them and write the whole thing off exactly so

0:37:43.400 --> 0:37:45.320
<v Speaker 1>you actually give it to the people. You know that.

0:37:45.520 --> 0:37:48.319
<v Speaker 1>The point is I want some of the money. I see.

0:37:48.320 --> 0:37:49.840
<v Speaker 1>I'm one of those types of people that would be

0:37:49.880 --> 0:37:52.239
<v Speaker 1>the money you spent. You don't hide to all that

0:37:52.400 --> 0:37:55.359
<v Speaker 1>just like you want. That's a good point, because I'm

0:37:55.400 --> 0:37:58.680
<v Speaker 1>not listening. I'm with sharing, bro. If I made a

0:37:58.840 --> 0:38:01.920
<v Speaker 1>hundred million dollars, I'll probably bless all my partners with

0:38:02.040 --> 0:38:08.200
<v Speaker 1>a million dollars. That's it. You're gonna get taxed, first

0:38:08.239 --> 0:38:10.440
<v Speaker 1>off the government, right off the government, right off the

0:38:10.440 --> 0:38:12.960
<v Speaker 1>rent taking fifty two. Lord knows if I made it,

0:38:13.000 --> 0:38:15.760
<v Speaker 1>you don't know how much they're gonna take thirty million dollars.

0:38:16.680 --> 0:38:18.600
<v Speaker 1>So then I can't get that. Get niggas a million

0:38:18.680 --> 0:38:21.319
<v Speaker 1>and now be ten homies. You really got to start

0:38:21.360 --> 0:38:23.320
<v Speaker 1>thinking who your motherfucking homie is then, because you have

0:38:23.400 --> 0:38:25.200
<v Speaker 1>to hold up, let me see who really the homie?

0:38:29.239 --> 0:38:33.840
<v Speaker 1>We ain't homies like that, thousand, ten thousand. Get your colors.

0:38:35.040 --> 0:38:36.919
<v Speaker 1>They can't be a four or forty two. Nig gotta

0:38:36.920 --> 0:38:40.200
<v Speaker 1>be a standard coulorsh standard with a six cylinder in it,

0:38:41.840 --> 0:38:45.879
<v Speaker 1>getting her four, So none of that. So that's all

0:38:45.920 --> 0:38:49.680
<v Speaker 1>I'm saying. My thing is I have to pay taxes

0:38:50.120 --> 0:38:52.759
<v Speaker 1>like right government, you have convinced me that I have

0:38:52.920 --> 0:38:54.520
<v Speaker 1>to pay taxes like. I don't want to go to

0:38:54.600 --> 0:38:57.560
<v Speaker 1>prison for not paying taxes. Right now, I got too

0:38:57.640 --> 0:38:59.279
<v Speaker 1>much stuff to do to be in jail, so I

0:38:59.560 --> 0:39:04.360
<v Speaker 1>paid exist. But my thing is it's too much and

0:39:04.440 --> 0:39:07.880
<v Speaker 1>they don't do the right things with the money. See that.

0:39:08.160 --> 0:39:10.239
<v Speaker 1>I'm a socialist. I'm not a communist. I don't want

0:39:10.239 --> 0:39:13.320
<v Speaker 1>the government to regulate right what I make or I

0:39:13.320 --> 0:39:15.600
<v Speaker 1>don't want the government to tell me how like what

0:39:15.680 --> 0:39:18.800
<v Speaker 1>they should do with the money. I just what's the second? S?

0:39:19.000 --> 0:39:24.520
<v Speaker 1>And USS are our third? Yeah, the second one of

0:39:24.560 --> 0:39:29.440
<v Speaker 1>them is what is it? Socialists? Yeah? What? What? What?

0:39:29.640 --> 0:39:34.319
<v Speaker 1>What is um? I get a Communism and socialism are

0:39:34.440 --> 0:39:38.360
<v Speaker 1>our first cousins. They're the same fucking thing. They're not

0:39:38.560 --> 0:39:42.160
<v Speaker 1>the same, they're the same. The government is more involved

0:39:42.200 --> 0:39:47.040
<v Speaker 1>in communism, I don't know the same thing. Nazi is

0:39:47.080 --> 0:39:50.160
<v Speaker 1>the National Socialist Party in Germany. They did say that

0:39:50.320 --> 0:39:57.160
<v Speaker 1>to the Soviets, you know, Union of Soviet Socialist Republic.

0:39:58.080 --> 0:40:01.320
<v Speaker 1>I mean it's just it's only in the name on

0:40:01.400 --> 0:40:04.359
<v Speaker 1>top of the front door. Well, just because they ruined

0:40:04.400 --> 0:40:06.520
<v Speaker 1>a good thing, like how the clue klux Klan did

0:40:06.560 --> 0:40:10.920
<v Speaker 1>with Jesus Christ or arians did with priests arias right

0:40:11.680 --> 0:40:14.319
<v Speaker 1>right n Arianism, that don't mean they fucked it up.

0:40:14.360 --> 0:40:16.200
<v Speaker 1>They just fucking ship up. And then the average human

0:40:16.239 --> 0:40:18.520
<v Speaker 1>being is distracted by what they did to fuck it up.

0:40:19.160 --> 0:40:21.000
<v Speaker 1>I don't care what they did with the cross you're

0:40:21.040 --> 0:40:23.120
<v Speaker 1>burning across in the front yard. That ship ain't right.

0:40:23.800 --> 0:40:29.759
<v Speaker 1>That don't discourage me from Christianity. Yeah, but Christianity is

0:40:30.440 --> 0:40:32.839
<v Speaker 1>like being a conservative. If I was a concern, if

0:40:32.880 --> 0:40:35.400
<v Speaker 1>I was a conservative, I don't give an if it

0:40:35.480 --> 0:40:38.360
<v Speaker 1>was the whitest white man who hated negros. Ever, we

0:40:38.520 --> 0:40:41.200
<v Speaker 1>identify the same. The difference with me is I'm not

0:40:41.280 --> 0:40:44.160
<v Speaker 1>looking for camaraderie because we are like just because this

0:40:44.280 --> 0:40:47.680
<v Speaker 1>cript and your crypt that don't mean nothing. There's seven

0:40:47.760 --> 0:40:51.920
<v Speaker 1>straight cript by myself. I'm not looking for, you know,

0:40:52.000 --> 0:40:53.480
<v Speaker 1>how to all the shout out to all the harmies.

0:40:53.520 --> 0:40:55.400
<v Speaker 1>That's banging neighborhood. They all don't like each other, but

0:40:55.400 --> 0:40:57.400
<v Speaker 1>they all say their neighborhoods together. But you don't like

0:40:57.480 --> 0:40:59.279
<v Speaker 1>each other. Yeah, I'm not trying to do that. Like

0:40:59.360 --> 0:41:02.000
<v Speaker 1>I'm like, I'm not trying to look for ways to

0:41:02.080 --> 0:41:05.680
<v Speaker 1>come together with human beings. I know that sounds crazy,

0:41:05.760 --> 0:41:09.040
<v Speaker 1>but for a socialist to say I'm not I just

0:41:09.120 --> 0:41:11.719
<v Speaker 1>want to do right by humanity. I don't want to

0:41:11.800 --> 0:41:16.239
<v Speaker 1>like you, then then then you should have an elaborate

0:41:16.360 --> 0:41:21.760
<v Speaker 1>and robust system of being able to provide people something

0:41:21.800 --> 0:41:26.759
<v Speaker 1>that they want for a compensatory return that they're comfortable with.

0:41:27.040 --> 0:41:31.160
<v Speaker 1>Not selling me, capitalism not selling. All you do is

0:41:31.360 --> 0:41:35.919
<v Speaker 1>provide value to the world and they pay you for it. Yeah,

0:41:36.160 --> 0:41:39.040
<v Speaker 1>be of service and give it to them, and then

0:41:39.120 --> 0:41:41.360
<v Speaker 1>people pay you for it. Some people problems. Be of

0:41:41.440 --> 0:41:44.480
<v Speaker 1>service to people. But but you can't create the problems too.

0:41:45.239 --> 0:41:48.200
<v Speaker 1>But people have problems. Capitalism does not create the problems. Oh,

0:41:48.640 --> 0:41:52.640
<v Speaker 1>that's that's so extreme capitalism obviously not the bare necessities

0:41:52.680 --> 0:41:55.560
<v Speaker 1>of either of all three. We're talking about the extreme

0:41:55.719 --> 0:41:59.680
<v Speaker 1>versions of all three, the capitalism extreme versions of capitalism

0:42:00.200 --> 0:42:03.719
<v Speaker 1>the most extreme. So the most extreme version of capitalism

0:42:04.080 --> 0:42:09.080
<v Speaker 1>is a supremely lass a fair market system. That's all

0:42:09.120 --> 0:42:13.440
<v Speaker 1>that it is. Satan no way, Yes, what's the most

0:42:13.960 --> 0:42:18.360
<v Speaker 1>Every bad case of capitalism, exploitation, whatever else, has to

0:42:18.400 --> 0:42:25.600
<v Speaker 1>do with one singular factor government intervention, violating and prostituting

0:42:25.640 --> 0:42:31.800
<v Speaker 1>the integrity of the marketplace system. You want to know

0:42:31.920 --> 0:42:36.640
<v Speaker 1>why no one breaks into the Chevron mobile shell whatever

0:42:37.040 --> 0:42:40.440
<v Speaker 1>oil trifecta in the United States, because no one is

0:42:40.480 --> 0:42:43.479
<v Speaker 1>allowed to fucking drill or open up a refinery because

0:42:43.520 --> 0:42:47.560
<v Speaker 1>the government won't let you. But that's because Chevron Mobile

0:42:47.719 --> 0:42:50.600
<v Speaker 1>and them pay the government good money to not let you. Yeah,

0:42:50.680 --> 0:42:54.839
<v Speaker 1>and if there was a veil separating that making that impossible,

0:42:56.080 --> 0:43:02.200
<v Speaker 1>that's not the marketplace anymore. So you're saying that's done.

0:43:02.280 --> 0:43:05.640
<v Speaker 1>That's not done in capitalism, though, what do you mean

0:43:05.719 --> 0:43:09.239
<v Speaker 1>it's not done in capitalism? What? What? What? That's the

0:43:09.280 --> 0:43:11.800
<v Speaker 1>same thing, like what happened robin Hood and games Stop

0:43:12.840 --> 0:43:15.239
<v Speaker 1>people start buying that up and why the other people

0:43:15.280 --> 0:43:17.480
<v Speaker 1>were shortened in the hedge fund and they see you

0:43:17.480 --> 0:43:19.200
<v Speaker 1>found out all them people are shortened. They're like, oh,

0:43:19.320 --> 0:43:21.759
<v Speaker 1>we dump money in this. We're gonna take their money,

0:43:21.840 --> 0:43:24.080
<v Speaker 1>and that's like what happened. And then robin Hood, the

0:43:24.200 --> 0:43:28.239
<v Speaker 1>company that owns robin Hood noticed that owns that same

0:43:28.360 --> 0:43:30.880
<v Speaker 1>hedge fund, was like, oh, stop them from people from

0:43:30.920 --> 0:43:32.920
<v Speaker 1>buying being able to buy a game Stop stocks, so

0:43:33.000 --> 0:43:34.960
<v Speaker 1>that they gave them hedge fund people time to move

0:43:35.000 --> 0:43:38.720
<v Speaker 1>their orders. That's not a free market. That's like illegal.

0:43:38.840 --> 0:43:44.040
<v Speaker 1>That's like and that because of SEC backing, because that

0:43:44.680 --> 0:43:49.200
<v Speaker 1>isn't legal. And the SEC said, you can go ahead

0:43:49.200 --> 0:43:52.120
<v Speaker 1>and do this right now, and we won't treat you

0:43:52.280 --> 0:43:54.879
<v Speaker 1>like we treat the rest of the market. That's why

0:43:55.080 --> 0:43:58.600
<v Speaker 1>things like bigcoin exists. That's why they're gonna lose because

0:43:58.800 --> 0:44:01.400
<v Speaker 1>like like he said, he doesn't the government. He's the

0:44:01.440 --> 0:44:04.239
<v Speaker 1>same age as man. He's thirty seven, so he's white.

0:44:04.280 --> 0:44:07.400
<v Speaker 1>I'm black. It's a generational thing. That the reason how

0:44:07.440 --> 0:44:10.439
<v Speaker 1>governments have done our generation and what we've we don't.

0:44:10.480 --> 0:44:12.239
<v Speaker 1>We haven't gotten nothing from We don't trust them. So

0:44:12.320 --> 0:44:15.520
<v Speaker 1>as our generation keeps getting older and coming of age

0:44:15.560 --> 0:44:19.160
<v Speaker 1>in the world, we're just we're the more dominant force.

0:44:19.280 --> 0:44:21.759
<v Speaker 1>Our parents, baby boomers, as they die off and their

0:44:21.760 --> 0:44:24.200
<v Speaker 1>assets come to us. We're gonna sell their stuff for

0:44:24.280 --> 0:44:25.920
<v Speaker 1>things that we believe in. We're not gonna give it

0:44:25.960 --> 0:44:28.160
<v Speaker 1>to the bank. We're gonna sell it for a bitcoins.

0:44:28.239 --> 0:44:32.440
<v Speaker 1>What's gonna happen? Like but but that's only a tangible idea.

0:44:32.440 --> 0:44:36.000
<v Speaker 1>If you believe that, would you sell it for gold? No,

0:44:37.000 --> 0:44:39.840
<v Speaker 1>because gold is we're analog is being eaten by digital.

0:44:39.880 --> 0:44:41.560
<v Speaker 1>We've been watching them from what I'm saying, nineties to

0:44:41.600 --> 0:44:46.680
<v Speaker 1>the two dollars the concept of gold right digital goal. Yeah,

0:44:47.160 --> 0:44:49.319
<v Speaker 1>let me ask you a question. I don't I don't

0:44:49.440 --> 0:44:53.880
<v Speaker 1>value I value freedom more than a stationary house in

0:44:54.000 --> 0:44:57.000
<v Speaker 1>one location. For fifty years, but at the mode of Spain,

0:44:57.080 --> 0:45:00.879
<v Speaker 1>in Australia and Argentina Puerto Rico. Yeah, but I think

0:45:00.960 --> 0:45:03.960
<v Speaker 1>the concept of gold being this heavy log logged around

0:45:04.560 --> 0:45:07.560
<v Speaker 1>things is kind of misleading, right, that's not truly how

0:45:07.640 --> 0:45:10.319
<v Speaker 1>it works. Like a million dollars in gold is not big.

0:45:11.760 --> 0:45:17.080
<v Speaker 1>It's probably like gold is what eighteen hundred ounces, ten ounces,

0:45:17.200 --> 0:45:22.279
<v Speaker 1>eighteen thousand, five ounces, nine thousand, twenty seven thousand dollars

0:45:22.280 --> 0:45:24.680
<v Speaker 1>in golden donel back, Probably not even it don't even

0:45:24.680 --> 0:45:27.480
<v Speaker 1>gotta be that big. I don't gotta be that big

0:45:27.920 --> 0:45:32.000
<v Speaker 1>because because again ten ounces, it's sixteen ounces, and the

0:45:32.040 --> 0:45:36.160
<v Speaker 1>pound ten ounces, if it's eighteen hundred, that's eighteen thousand

0:45:36.239 --> 0:45:40.280
<v Speaker 1>dollars nine thousand. For half, that's twenty seven thousand plus

0:45:40.400 --> 0:45:48.720
<v Speaker 1>add one eighteen hundred, so that's twenty eight, right, eight

0:45:48.800 --> 0:45:52.160
<v Speaker 1>per pound of gold. So a pound a punk as

0:45:52.239 --> 0:45:55.799
<v Speaker 1>pound of gold is eight, right, So it's not a lot.

0:45:56.520 --> 0:45:59.360
<v Speaker 1>It's just the fact that you can't shop with it,

0:46:01.360 --> 0:46:03.239
<v Speaker 1>like all the things that you like. If you went

0:46:03.280 --> 0:46:05.680
<v Speaker 1>to the market, like right now, right now, let's say

0:46:05.680 --> 0:46:07.560
<v Speaker 1>I passed away, I don't want to shop with it,

0:46:07.600 --> 0:46:09.720
<v Speaker 1>because why would I want to shop with something that's appreciated.

0:46:11.360 --> 0:46:16.439
<v Speaker 1>Why would I want to shop with something else seven pounds? Huh?

0:46:17.160 --> 0:46:18.600
<v Speaker 1>I almost be doing the wrong math. How much is

0:46:18.600 --> 0:46:24.680
<v Speaker 1>it propound per pound? So if you divide a million, yeah, something,

0:46:24.719 --> 0:46:27.480
<v Speaker 1>I want to buy something with an asset that's appreciating

0:46:27.480 --> 0:46:31.120
<v Speaker 1>that two a year the last ten years. But my mind,

0:46:31.200 --> 0:46:33.080
<v Speaker 1>is that right because we're not talking about appreciate, we

0:46:33.120 --> 0:46:35.960
<v Speaker 1>talk about store it. Well, let's focus on store. So

0:46:36.080 --> 0:46:38.520
<v Speaker 1>what I'm saying, let's say right now you have bigcoin. Right,

0:46:38.560 --> 0:46:42.120
<v Speaker 1>let's say let's say moving forward fifteen years, right, which

0:46:42.120 --> 0:46:43.840
<v Speaker 1>I'm not trying to talk to you, obviously that's not

0:46:43.880 --> 0:46:47.279
<v Speaker 1>when I believe, right, So moving on, I'm saying, this

0:46:47.480 --> 0:46:50.760
<v Speaker 1>is the thought ten years from now, right, the government's

0:46:50.760 --> 0:46:52.839
<v Speaker 1>fall back. They said, okay, they did the same thing

0:46:52.920 --> 0:46:55.080
<v Speaker 1>to bigcoin that they did to go right. They make

0:46:55.160 --> 0:46:57.640
<v Speaker 1>it to where in theory just can't pay taxes with it. Right,

0:46:58.080 --> 0:47:00.359
<v Speaker 1>So you're going to the store. You got a million

0:47:00.400 --> 0:47:04.000
<v Speaker 1>dollars worth a bigcoin, a million dollars. Let's say your

0:47:04.040 --> 0:47:06.759
<v Speaker 1>bigcoin now that you have, you had it when it

0:47:06.920 --> 0:47:10.160
<v Speaker 1>was at you bought it at twenty thousand, and now

0:47:10.239 --> 0:47:14.080
<v Speaker 1>it's worth two million per bitcoin The problem is when

0:47:14.120 --> 0:47:15.920
<v Speaker 1>you go to the store, what if they don't take bitcoin,

0:47:16.000 --> 0:47:18.600
<v Speaker 1>what do you do. It's not like I'm not gonna

0:47:18.600 --> 0:47:21.160
<v Speaker 1>have cash. Now what I'm saying, Let's say you don't

0:47:21.160 --> 0:47:24.040
<v Speaker 1>have cash. Let's say your your wealth is store in bitcoin.

0:47:25.680 --> 0:47:27.440
<v Speaker 1>Let's say you're not making anything. Let's say you're making

0:47:27.480 --> 0:47:30.200
<v Speaker 1>a dash. Can you use your next card? Shout out

0:47:30.200 --> 0:47:32.319
<v Speaker 1>to the people next so and we appreciate you very

0:47:32.400 --> 0:47:35.560
<v Speaker 1>much for your sponsorship of this program to do an

0:47:35.600 --> 0:47:37.959
<v Speaker 1>instant conversion and then run on a on a known

0:47:38.280 --> 0:47:42.080
<v Speaker 1>um master card. You see, my issue is the conversion.

0:47:43.160 --> 0:47:45.640
<v Speaker 1>Like right now, it's banned in Nigeria, it's trading at

0:47:45.680 --> 0:47:50.680
<v Speaker 1>nine like it's and Peter peer transactions. No, people just

0:47:50.800 --> 0:47:54.600
<v Speaker 1>interact with people. But I'm not disagreeing. I'm saying that's

0:47:54.640 --> 0:47:56.640
<v Speaker 1>the point, like right now, where would you take gold?

0:47:56.719 --> 0:47:59.200
<v Speaker 1>Right now? If I gave you a pound of gold

0:47:59.760 --> 0:48:02.759
<v Speaker 1>and gave it to you in coins, how would you

0:48:02.880 --> 0:48:06.160
<v Speaker 1>use it? How would you use the actual goal? And

0:48:06.280 --> 0:48:10.000
<v Speaker 1>then the people don't take that. So but that's my point.

0:48:10.080 --> 0:48:13.640
<v Speaker 1>What so, let's say bigcoin or cryptocurrency moves into that space,

0:48:14.000 --> 0:48:17.040
<v Speaker 1>or bigcoin, particularly if it moves to the space where

0:48:17.080 --> 0:48:20.279
<v Speaker 1>people don't take that yet it still has value. Like

0:48:20.400 --> 0:48:22.960
<v Speaker 1>I can do like like one goal like a gold

0:48:23.000 --> 0:48:26.640
<v Speaker 1>coin with so I can't like sell it and get

0:48:26.760 --> 0:48:30.800
<v Speaker 1>cash gold. It's not outlaw. So I'm asking you, I

0:48:30.880 --> 0:48:33.560
<v Speaker 1>can always sell something. If it's a two million of coin,

0:48:33.640 --> 0:48:36.200
<v Speaker 1>I can sell three thousand dollars worth than I and

0:48:36.239 --> 0:48:38.080
<v Speaker 1>I have three thousand dollars in cash the next day.

0:48:38.320 --> 0:48:40.200
<v Speaker 1>But then now you have to pay a capital canes

0:48:40.440 --> 0:48:45.000
<v Speaker 1>tax on the sale. Yeah, a year later, but I'll

0:48:45.040 --> 0:48:49.200
<v Speaker 1>deal with that problem when it comes you. You need

0:48:50.120 --> 0:48:53.160
<v Speaker 1>a point of sales service provider. That's what fancial student

0:48:53.239 --> 0:48:55.880
<v Speaker 1>to do that. And at some point, like his his

0:48:56.040 --> 0:48:59.200
<v Speaker 1>point being there, you know you you legislate that out

0:48:59.280 --> 0:49:02.600
<v Speaker 1>of capacity, and it changes your perspective on the whole

0:49:02.680 --> 0:49:09.919
<v Speaker 1>thing because now legal tender. When I'm ready to start

0:49:10.000 --> 0:49:15.040
<v Speaker 1>buying things with a bitcoin, I'm gonna buy like like

0:49:15.160 --> 0:49:16.840
<v Speaker 1>you said, like a house. I'm not gonna go to

0:49:16.960 --> 0:49:19.320
<v Speaker 1>the grocery store and buy a chicken. But think about this.

0:49:20.400 --> 0:49:22.360
<v Speaker 1>Let's say let's say I gave you gold. Now, so

0:49:22.520 --> 0:49:25.080
<v Speaker 1>the person that owns that, that's going to be even harder.

0:49:25.200 --> 0:49:27.040
<v Speaker 1>That's what I'm saying. If it's a peer to peer

0:49:27.120 --> 0:49:29.239
<v Speaker 1>transaction with somebody if if I'm talking to it, if

0:49:29.239 --> 0:49:31.080
<v Speaker 1>you're talking to a real estate agent and you're talking

0:49:31.160 --> 0:49:34.640
<v Speaker 1>to who whoever it is that because then they can't

0:49:34.680 --> 0:49:39.000
<v Speaker 1>pay their taxes and you can't declare your property selling.

0:49:39.080 --> 0:49:42.320
<v Speaker 1>Ship every day houses cars, all types ship for a

0:49:42.320 --> 0:49:45.960
<v Speaker 1>bitcoin right now, every single day. Millions of dollars of

0:49:46.000 --> 0:49:48.359
<v Speaker 1>transaction happing in every single day right now. So why

0:49:48.520 --> 0:49:50.239
<v Speaker 1>would that not be having in ten years from now?

0:49:50.560 --> 0:49:53.400
<v Speaker 1>It's not, But it's not it's not at that space

0:49:53.520 --> 0:49:56.000
<v Speaker 1>to think about it. It's not at that space then

0:49:56.040 --> 0:49:59.080
<v Speaker 1>I'm talking. People are using are using bitcoin with an

0:49:59.160 --> 0:50:06.480
<v Speaker 1>intermediary exactly like the Lightning network. They have things like

0:50:06.600 --> 0:50:09.440
<v Speaker 1>tap through all these different technologies as being added strike

0:50:09.920 --> 0:50:12.319
<v Speaker 1>people are converting their whole salaries into it. But it's

0:50:12.920 --> 0:50:15.439
<v Speaker 1>but listen to what I'm saying. When to find out

0:50:15.640 --> 0:50:17.960
<v Speaker 1>when the financial right now? Could you take go to

0:50:18.040 --> 0:50:20.040
<v Speaker 1>the bank to Bank of American, be like, hey, I

0:50:20.120 --> 0:50:24.400
<v Speaker 1>need to get money for this. Can I take it?

0:50:24.560 --> 0:50:27.160
<v Speaker 1>Can I take go to where if I'm this is

0:50:27.200 --> 0:50:28.560
<v Speaker 1>what I'm gonna do. I'm gonna go buy you a

0:50:28.600 --> 0:50:31.600
<v Speaker 1>gold coin. I'm buying for you. I'm gonna take it

0:50:31.719 --> 0:50:34.520
<v Speaker 1>where to bank, because this needs to be the experiment.

0:50:34.560 --> 0:50:39.279
<v Speaker 1>It's gonna be the experiment. And I'm not again my job, right,

0:50:39.440 --> 0:50:41.200
<v Speaker 1>I'm only a couple of years older than you, a

0:50:41.239 --> 0:50:42.920
<v Speaker 1>few years old than you. That's not the point is

0:50:43.000 --> 0:50:45.239
<v Speaker 1>to get you to see what I'm saying, so you

0:50:45.280 --> 0:50:47.880
<v Speaker 1>always have the wisdom. So I'm gonna go buy you

0:50:47.920 --> 0:50:50.680
<v Speaker 1>a coin, a gold coin, and I want you to

0:50:50.800 --> 0:50:54.040
<v Speaker 1>try to use it to buy something. I want you

0:50:54.120 --> 0:50:55.920
<v Speaker 1>to take it to the bank and try to change

0:50:55.920 --> 0:50:58.919
<v Speaker 1>it out for cash. They're not gonna let you, even

0:50:59.000 --> 0:51:02.600
<v Speaker 1>though in theory, well obviously that's not true no more.

0:51:02.640 --> 0:51:06.520
<v Speaker 1>But initially the money was supposed to be backed by golah.

0:51:06.760 --> 0:51:09.000
<v Speaker 1>Let me say that's real quick. You're talking about the

0:51:09.040 --> 0:51:12.239
<v Speaker 1>decentralized thing. The first thing that says is a peer

0:51:12.320 --> 0:51:14.680
<v Speaker 1>to peer currency. It's not designed for me to have

0:51:14.840 --> 0:51:16.799
<v Speaker 1>to go to a bank, is for me to get

0:51:16.880 --> 0:51:21.319
<v Speaker 1>rid of them. But like, it's only good for small transactions.

0:51:21.360 --> 0:51:24.759
<v Speaker 1>And here's why. If you make a purchase for a home,

0:51:25.239 --> 0:51:27.440
<v Speaker 1>you have to hold the title of that home. That's

0:51:27.440 --> 0:51:34.880
<v Speaker 1>an important element that's involved. Part of that is declaring

0:51:34.920 --> 0:51:38.040
<v Speaker 1>it for the tax board. When I say there's an intermediary.

0:51:38.280 --> 0:51:43.000
<v Speaker 1>There's a there is a a currency exchange that occurs

0:51:43.120 --> 0:51:46.920
<v Speaker 1>there so that you can base that purchase and that

0:51:47.160 --> 0:51:50.600
<v Speaker 1>value can be established for so that the property tax

0:51:50.719 --> 0:51:53.200
<v Speaker 1>can be issued and you can actually hold that title.

0:51:53.239 --> 0:51:55.600
<v Speaker 1>Otherwise you're just an occupant and the title is going

0:51:55.640 --> 0:51:57.959
<v Speaker 1>to be floating around down at the county and someone

0:51:58.040 --> 0:52:01.719
<v Speaker 1>can buy and you're gonna booted out stay with a

0:52:01.800 --> 0:52:04.200
<v Speaker 1>car if if the DM if the count stay the

0:52:04.280 --> 0:52:07.600
<v Speaker 1>California says we're not going to recognize bitcoin car purchases.

0:52:07.680 --> 0:52:09.800
<v Speaker 1>You can buy your car, sure, and you can have

0:52:09.920 --> 0:52:12.640
<v Speaker 1>the car, but you can't register the car. So you

0:52:12.719 --> 0:52:16.080
<v Speaker 1>can't as soon as you take it on the street,

0:52:16.200 --> 0:52:18.000
<v Speaker 1>you're not gonna have a tag. They're gonna pull up

0:52:18.000 --> 0:52:20.200
<v Speaker 1>on your car. You can't produce title, you can't produce straight.

0:52:20.200 --> 0:52:23.000
<v Speaker 1>They're gonna take your car and make you pay them

0:52:23.960 --> 0:52:26.480
<v Speaker 1>well first, make you give a ton of information. So

0:52:27.040 --> 0:52:30.279
<v Speaker 1>that's that's my concern. It's not like a big thing

0:52:30.800 --> 0:52:32.680
<v Speaker 1>obviously used to sell drums for crying, not a loud

0:52:32.880 --> 0:52:35.680
<v Speaker 1>but the thing that but the thing about about a

0:52:35.760 --> 0:52:39.920
<v Speaker 1>quarter million dollar necklace and bitcoin and own that and

0:52:39.960 --> 0:52:42.000
<v Speaker 1>put it on eBay and get dollars out of it

0:52:42.239 --> 0:52:45.560
<v Speaker 1>and buy a car, which is goal, which is gol Right,

0:52:45.719 --> 0:52:48.719
<v Speaker 1>that's what I'm saying, Like, so that's my point. I'm saying,

0:52:48.760 --> 0:52:50.560
<v Speaker 1>like with gold, if I give you a gold coin,

0:52:50.920 --> 0:52:53.200
<v Speaker 1>if you took it to the bank, you couldn't transfer

0:52:53.360 --> 0:52:56.040
<v Speaker 1>for currency. Imagine bitcoin in that space where it's like

0:52:56.120 --> 0:52:58.520
<v Speaker 1>you can't change it over and get dollars, like you

0:52:58.640 --> 0:53:02.040
<v Speaker 1>have to go to one of them. I buy gold,

0:53:02.120 --> 0:53:09.440
<v Speaker 1>people cash for gold. When the opposite happens and everyone

0:53:09.440 --> 0:53:13.720
<v Speaker 1>and everybody adopts it, I mean Miami has already adopted,

0:53:13.960 --> 0:53:18.800
<v Speaker 1>Louisiana has already put on their legislature and commended Stocean

0:53:18.880 --> 0:53:22.800
<v Speaker 1>Akimondo for helping with economic security. Those are all just

0:53:23.000 --> 0:53:25.800
<v Speaker 1>false things that do not matter. But that's like somebody

0:53:25.880 --> 0:53:28.399
<v Speaker 1>being alive when the Declaration of independence was written. It's

0:53:28.440 --> 0:53:33.759
<v Speaker 1>just like that doesn't matter. Why not currency? Like, but

0:53:33.840 --> 0:53:35.960
<v Speaker 1>I understand that this isn't I'm not saying, hey, next

0:53:36.080 --> 0:53:38.239
<v Speaker 1>year or tomorrow, Hey, everybody needs to just be just

0:53:38.400 --> 0:53:42.279
<v Speaker 1>should be interacting. I agree with the initial point that

0:53:42.440 --> 0:53:45.160
<v Speaker 1>the most brillier ar the most brillier point is the

0:53:45.200 --> 0:53:48.759
<v Speaker 1>five percent. That's absolutely that's that's probably one of the

0:53:48.880 --> 0:53:50.880
<v Speaker 1>greatest and most smartest things. You know, it's a lot

0:53:50.920 --> 0:53:54.280
<v Speaker 1>a list of ship but that one tops. That's actually

0:53:54.320 --> 0:53:58.799
<v Speaker 1>really brilliant to take five percent and do it. That's

0:53:59.680 --> 0:54:01.719
<v Speaker 1>because so then you play both sides of defense and

0:54:01.760 --> 0:54:04.080
<v Speaker 1>you don't care what happens on either side, instead of

0:54:04.160 --> 0:54:07.080
<v Speaker 1>being like, at least want to watch yeah, and you

0:54:07.120 --> 0:54:10.839
<v Speaker 1>don't want to be watching like this happened, and then

0:54:10.920 --> 0:54:12.960
<v Speaker 1>be like, well, I just watched it and was just

0:54:13.520 --> 0:54:15.680
<v Speaker 1>figuring out ways to pick it apart and just didn't

0:54:15.719 --> 0:54:19.000
<v Speaker 1>see it. That's foolish to do that. That's completely foolish,

0:54:19.040 --> 0:54:21.480
<v Speaker 1>instead of being like, you know what, let me just

0:54:21.560 --> 0:54:24.040
<v Speaker 1>put a little here and then let's see in ten years,

0:54:24.080 --> 0:54:26.359
<v Speaker 1>fifteen years of everything straight and then they'll figure it out.

0:54:26.480 --> 0:54:29.000
<v Speaker 1>And if it gets outlawed, I can't use it. Well,

0:54:29.360 --> 0:54:31.520
<v Speaker 1>it won't. It will not get I don't think it,

0:54:34.080 --> 0:54:38.160
<v Speaker 1>but they but they don't rule. But they don't rule

0:54:38.239 --> 0:54:42.799
<v Speaker 1>that way anymore. It could never hypothetically, it could never

0:54:43.160 --> 0:54:47.360
<v Speaker 1>ever ever be used as a currency anywhere ever, and

0:54:47.480 --> 0:54:54.360
<v Speaker 1>it will still be a multi trillion dollar technological infrastructure

0:54:54.640 --> 0:54:59.479
<v Speaker 1>foundation that holds its value. That's why other things built

0:54:59.520 --> 0:55:02.480
<v Speaker 1>on top of Yeah, I invest in it as a robust,

0:55:02.719 --> 0:55:06.320
<v Speaker 1>revolutionary technology. Some people invest in it on a currency standpoint,

0:55:06.360 --> 0:55:08.160
<v Speaker 1>where it depends on what your vision is, but it

0:55:08.280 --> 0:55:15.120
<v Speaker 1>does hold value potentially two ways. That's just my digital abundance.

0:55:15.200 --> 0:55:18.040
<v Speaker 1>Bitcoin brought digital scarcity for the first time, but people

0:55:18.120 --> 0:55:20.399
<v Speaker 1>don't realize that there's only It's like if you're buying

0:55:20.440 --> 0:55:23.440
<v Speaker 1>pieces of blocks of Manhattan for twenty four dollars and

0:55:23.520 --> 0:55:26.320
<v Speaker 1>you didn't realize hundreds of years, like what Manhattan became,

0:55:26.400 --> 0:55:29.360
<v Speaker 1>what New York City became, and what a block. I

0:55:29.480 --> 0:55:32.040
<v Speaker 1>get the sense. I get the sense and value and

0:55:32.360 --> 0:55:34.719
<v Speaker 1>why the bitches want Birkin bags and Herman's back because

0:55:34.719 --> 0:55:38.880
<v Speaker 1>there's scarcity people just the average person hasn't actually scarcity.

0:55:38.920 --> 0:55:43.600
<v Speaker 1>It is because everybody can't have one. Yeah, that's not that. Yeah, yeah,

0:55:43.640 --> 0:55:46.000
<v Speaker 1>I don't know if I mean I think. I think.

0:55:46.080 --> 0:55:48.239
<v Speaker 1>I think supplying demand is a big thing, and with

0:55:48.440 --> 0:55:52.520
<v Speaker 1>supply not people rapidly growing. Well, the thing about burgers,

0:55:52.560 --> 0:55:54.960
<v Speaker 1>people just can't afford them. I don't think it's a

0:55:55.040 --> 0:55:58.040
<v Speaker 1>scarcity of It's not like we got a hundred It's like, yeah, yeah,

0:55:58.040 --> 0:56:02.120
<v Speaker 1>we're just gonna decided I'm gonna make thirty million of

0:56:02.160 --> 0:56:07.200
<v Speaker 1>these handbacks and the first hundred thousands sold at ten

0:56:07.280 --> 0:56:10.520
<v Speaker 1>grand of Pope, all of a sudden, they're gonna be like,

0:56:11.320 --> 0:56:13.719
<v Speaker 1>we gotta get this fucking money back, drop them to

0:56:13.760 --> 0:56:17.440
<v Speaker 1>work they can sell, and then they're no longer cute. Yeah,

0:56:17.480 --> 0:56:20.120
<v Speaker 1>because then everybody got him and they probably make that

0:56:20.320 --> 0:56:22.320
<v Speaker 1>many anyway, and don't give a funk about tells me

0:56:22.440 --> 0:56:24.640
<v Speaker 1>is that's what Kanye said. He wanted what easy and stuff.

0:56:24.680 --> 0:56:26.600
<v Speaker 1>He hates that they'd be like people can't get him,

0:56:26.600 --> 0:56:31.279
<v Speaker 1>and I hate he wants something that's everywhere, like and

0:56:31.360 --> 0:56:35.239
<v Speaker 1>Adidas be trying to not like printiment because because they're like, no, bro,

0:56:35.400 --> 0:56:39.640
<v Speaker 1>this is too much cash. Because also I don't give

0:56:39.800 --> 0:56:42.000
<v Speaker 1>I will kill for that nigga, bro, and not people

0:56:42.080 --> 0:56:43.480
<v Speaker 1>think like I work with him, Like, bro, I don't

0:56:43.480 --> 0:56:45.520
<v Speaker 1>even want to work with him. I'm not trying to

0:56:45.960 --> 0:56:49.960
<v Speaker 1>what he stands for. He has my heart. Yeah, that's

0:56:50.000 --> 0:56:51.600
<v Speaker 1>my god. You already know what I mean. Like, it's

0:56:51.640 --> 0:56:54.040
<v Speaker 1>not perfectly me. If I was like a super square

0:56:54.080 --> 0:56:58.000
<v Speaker 1>who just like shot, that would be me. Yeah. But

0:56:59.480 --> 0:57:01.960
<v Speaker 1>that's how I hate that. I hate that saw something

0:57:01.960 --> 0:57:03.799
<v Speaker 1>about it though. This is what they said, like if

0:57:03.840 --> 0:57:06.440
<v Speaker 1>they know his shoes are utunitly settling let's say in

0:57:06.520 --> 0:57:09.040
<v Speaker 1>a year, he says one point five million, right, and

0:57:09.120 --> 0:57:12.960
<v Speaker 1>you press up one point eight millions, three hundred sitting there,

0:57:13.000 --> 0:57:14.960
<v Speaker 1>but he's like, man, press up ten million. We need

0:57:15.000 --> 0:57:18.120
<v Speaker 1>twenty million out and they're like, well, they're not settling

0:57:18.200 --> 0:57:19.920
<v Speaker 1>at that rate either, And then you don't want to

0:57:19.920 --> 0:57:22.400
<v Speaker 1>shoes sitting there, and then they're just on the Then

0:57:22.480 --> 0:57:25.680
<v Speaker 1>it looks bad because that's that bullshit. See that's that

0:57:26.360 --> 0:57:29.120
<v Speaker 1>not not what I'm saying. That's that bullshit. More people

0:57:29.200 --> 0:57:31.760
<v Speaker 1>want them goddamn shoes, and they fucking printing for sure.

0:57:31.880 --> 0:57:36.800
<v Speaker 1>They are printing with the bro Like I have to

0:57:36.920 --> 0:57:39.439
<v Speaker 1>buy shoes, bro, every time I try to buy them,

0:57:39.600 --> 0:57:42.480
<v Speaker 1>first off, they make you download the app just get

0:57:42.560 --> 0:57:45.880
<v Speaker 1>them off stars. They make you download that, bro. It's

0:57:45.920 --> 0:57:48.640
<v Speaker 1>like two times. Now I gotta have Now, I gotta

0:57:48.680 --> 0:57:50.680
<v Speaker 1>have a value in my mind, Like, goddamn, bro, do

0:57:50.760 --> 0:57:53.480
<v Speaker 1>I really want to pay? I have it because I

0:57:53.520 --> 0:57:55.120
<v Speaker 1>don't want to pay three or four. I haven't done

0:57:55.160 --> 0:57:56.720
<v Speaker 1>it either. I looked at him till I was like

0:57:56.800 --> 0:58:03.000
<v Speaker 1>folk hunting and it's some asshole that's like, well I

0:58:03.080 --> 0:58:05.000
<v Speaker 1>can dis mine you, bitch. I ought to kill you

0:58:06.440 --> 0:58:11.640
<v Speaker 1>capital And they're not like, let me just make fifty bucks. Okay,

0:58:11.680 --> 0:58:14.800
<v Speaker 1>So when I did my social media just want to

0:58:14.920 --> 0:58:17.280
<v Speaker 1>kill that, I just broken stabbed them with a knife.

0:58:17.680 --> 0:58:20.560
<v Speaker 1>I did just say break even. Look capitalism and it's

0:58:20.600 --> 0:58:24.960
<v Speaker 1>simple emphasis. It's just fine and it's simple infancy is fine.

0:58:25.280 --> 0:58:28.200
<v Speaker 1>If I have some shoes and I charged fifty dollars,

0:58:28.480 --> 0:58:30.560
<v Speaker 1>I may I pay one twenty for him and I

0:58:30.640 --> 0:58:34.360
<v Speaker 1>make a fifty dollar profit. That's fair. And I don't

0:58:34.400 --> 0:58:37.600
<v Speaker 1>want to go around telling niggas was fair. Yeah, it's

0:58:37.640 --> 0:58:39.680
<v Speaker 1>not fair. The problem is when you know I want

0:58:39.720 --> 0:58:41.480
<v Speaker 1>them so bad, You're like, well, I'm gonna charge for

0:58:41.600 --> 0:58:46.600
<v Speaker 1>five d because he really you bet that's the value

0:58:46.680 --> 0:58:50.360
<v Speaker 1>of it. Yeah, I paid my pay that's my motherfucker's

0:58:50.360 --> 0:58:53.919
<v Speaker 1>get killed and robbed. Yeah, that's why I would stab

0:58:54.400 --> 0:58:57.880
<v Speaker 1>dog right now, I'm right now, I'm looking at some yeases. Right,

0:58:58.040 --> 0:59:00.760
<v Speaker 1>I'm about it too. The ye's were a hundred and

0:59:00.840 --> 0:59:04.120
<v Speaker 1>fifty bucks. He's at I'm like, bro, i'll give you

0:59:04.240 --> 0:59:07.280
<v Speaker 1>two hundred and eight dollars. He's already charging twenty fives

0:59:07.320 --> 0:59:10.280
<v Speaker 1>for shipping, right, So I said, look, i'll give you

0:59:10.400 --> 0:59:12.880
<v Speaker 1>two seventy five. And why I spend three hundred dollars?

0:59:13.000 --> 0:59:15.760
<v Speaker 1>I think that's fair. That's double the value that I'm

0:59:15.760 --> 0:59:20.600
<v Speaker 1>spending on him. Oh man, But you know it's you know,

0:59:20.720 --> 0:59:24.600
<v Speaker 1>so many people want them. Bitch ass nigga. You're not

0:59:24.720 --> 0:59:27.960
<v Speaker 1>mad at him. I'm mad at him. No, you're mad

0:59:28.040 --> 0:59:29.760
<v Speaker 1>at the other guy who's willing to pony up the

0:59:29.800 --> 0:59:31.760
<v Speaker 1>money you aren't willing to pony up. No, No, I'm

0:59:31.800 --> 0:59:36.360
<v Speaker 1>mad at the nigga. That's fel like, why you don't

0:59:36.360 --> 0:59:38.280
<v Speaker 1>want to let another man win? You You're the only

0:59:38.320 --> 0:59:40.440
<v Speaker 1>one allowed to win, So you're gonna take my blood

0:59:40.480 --> 0:59:42.200
<v Speaker 1>to win. You can take every pint of my blood

0:59:42.240 --> 0:59:45.160
<v Speaker 1>to win if that's what it takes to win. I mean,

0:59:45.280 --> 0:59:48.520
<v Speaker 1>how bad you all the shoes? That's why, motherfucker this is.

0:59:48.640 --> 0:59:52.040
<v Speaker 1>This is a complete absolute luxury item. It's not I

0:59:52.160 --> 0:59:56.520
<v Speaker 1>need shoes. Get those vans. I like his vans, buy

0:59:56.600 --> 0:59:59.280
<v Speaker 1>them too. How many? How many shoes do you? Can?

0:59:59.320 --> 1:00:01.720
<v Speaker 1>You wear it? One time? You need shoes? I don't.

1:00:01.760 --> 1:00:04.080
<v Speaker 1>I don't listen to two ft. You got shoes on

1:00:04.240 --> 1:00:06.200
<v Speaker 1>right now, and I guess what they're wearing them down.

1:00:06.480 --> 1:00:08.960
<v Speaker 1>I'm wearing I'm preparing for the next time exactly. And

1:00:09.080 --> 1:00:11.760
<v Speaker 1>those vans have a more robust soul than those, and

1:00:11.840 --> 1:00:13.720
<v Speaker 1>quite frankly, all I'm seeing right here is that you

1:00:13.840 --> 1:00:17.520
<v Speaker 1>just don't have a robust salt. I actually buy vans.

1:00:17.760 --> 1:00:26.120
<v Speaker 1>They're priced fair. Yeah, they could charge more. Looks at

1:00:26.200 --> 1:00:28.960
<v Speaker 1>these like vans and go man, those are forty bucks,

1:00:29.080 --> 1:00:31.760
<v Speaker 1>Like that's how I look at or thirty like oh

1:00:31.880 --> 1:00:34.520
<v Speaker 1>he ain't he ain't got it, or while he wearing them,

1:00:34.600 --> 1:00:37.600
<v Speaker 1>check like that's how I look at I look at

1:00:37.680 --> 1:00:40.360
<v Speaker 1>things based off the value as I got. I was

1:00:40.440 --> 1:00:42.240
<v Speaker 1>always like this as a kid, I've got worse as

1:00:42.280 --> 1:00:45.080
<v Speaker 1>an adult. I just told you this a couple of podcasts. Though.

1:00:45.840 --> 1:00:48.080
<v Speaker 1>I like having things that everybody can have, and I

1:00:48.200 --> 1:00:50.600
<v Speaker 1>did something to it myself with my brain to make

1:00:50.680 --> 1:00:53.560
<v Speaker 1>you become mines. Like. It's not because I could just

1:00:53.640 --> 1:00:55.440
<v Speaker 1>got more money and I can afford more ship than you.

1:00:56.160 --> 1:00:59.200
<v Speaker 1>It's like I actually care enough to customize. So my

1:00:59.320 --> 1:01:01.680
<v Speaker 1>thing is even with the yeasiest, I'm not buying them

1:01:01.720 --> 1:01:04.040
<v Speaker 1>so much because I need shoes. I'm buying them because

1:01:04.680 --> 1:01:08.360
<v Speaker 1>I want to support Kanye West, like I believe in

1:01:08.760 --> 1:01:10.600
<v Speaker 1>his vision and I want to just show the brothers

1:01:10.640 --> 1:01:16.400
<v Speaker 1>some support. But it's not it's not the support. I'm

1:01:16.440 --> 1:01:20.200
<v Speaker 1>not supporting him economically right that that that's just the

1:01:20.240 --> 1:01:22.600
<v Speaker 1>benefit he gets. I'm saying, I'm supporting him, saying, hey,

1:01:22.640 --> 1:01:26.040
<v Speaker 1>I approve of what you're doing. I'm proud of it.

1:01:26.200 --> 1:01:32.960
<v Speaker 1>I'm going to purchase your product by a pair of

1:01:33.040 --> 1:01:36.640
<v Speaker 1>white Vans and put Kanye's name on It's not this product.

1:01:37.200 --> 1:01:39.800
<v Speaker 1>That is kind of cool. I might do that. You

1:01:39.840 --> 1:01:45.400
<v Speaker 1>can customize Vans because that's the buick regal, you know,

1:01:46.040 --> 1:01:51.040
<v Speaker 1>customized out. Yeah, but that's fun though, and and and see, Pete,

1:01:51.080 --> 1:01:54.200
<v Speaker 1>that's not fair. See that's the capitalism in you. That

1:01:54.360 --> 1:01:57.520
<v Speaker 1>that's not right. See that's why I don't trust the

1:01:58.160 --> 1:02:01.000
<v Speaker 1>the United States sense of government. I trust minds. I

1:02:01.040 --> 1:02:05.480
<v Speaker 1>should actually run the country, yes, because like literally, my

1:02:05.680 --> 1:02:09.160
<v Speaker 1>sense of justice is fair. But then it probably would be.

1:02:10.200 --> 1:02:12.560
<v Speaker 1>It's fair to you, it would be fair to everybody.

1:02:13.000 --> 1:02:15.480
<v Speaker 1>It would be equally distributed to everybody. It would be

1:02:15.600 --> 1:02:20.120
<v Speaker 1>fair to you, yes, But my I only have a

1:02:20.200 --> 1:02:22.080
<v Speaker 1>sense of fair. Everybody else don't even have a good

1:02:22.120 --> 1:02:26.000
<v Speaker 1>sense of fair. Ask them. They all think their sense

1:02:26.040 --> 1:02:28.560
<v Speaker 1>of fare is just fair. That's why I can't ask

1:02:28.600 --> 1:02:37.600
<v Speaker 1>them because they're too whoever. That is all I'm saying,

1:02:37.760 --> 1:02:43.680
<v Speaker 1>is all I'm saying, is bro the the things that's

1:02:44.040 --> 1:02:49.400
<v Speaker 1>driving us, right, the things that's driving us. Yeah, I

1:02:49.480 --> 1:02:51.960
<v Speaker 1>think we should be so much focused on our passion.

1:02:52.760 --> 1:02:54.000
<v Speaker 1>I don't let mean when you gotta take care of

1:02:54.040 --> 1:02:59.640
<v Speaker 1>your family, well, passion and purpose kind of first cousins.

1:03:00.000 --> 1:03:03.960
<v Speaker 1>They're about to say purposes deeper, like what's your mission here?

1:03:04.000 --> 1:03:06.160
<v Speaker 1>Why were you sent here? Why did gods send you here?

1:03:06.480 --> 1:03:08.760
<v Speaker 1>You're not here to make money, You're not here to

1:03:08.880 --> 1:03:11.280
<v Speaker 1>like You're here to like accomplish something. You've got an

1:03:11.320 --> 1:03:13.760
<v Speaker 1>expiration day. That's how I see it, and some people

1:03:13.840 --> 1:03:16.160
<v Speaker 1>tap into it and neither day. You should be working

1:03:16.240 --> 1:03:19.360
<v Speaker 1>every day towards to fulfill that, not going to work

1:03:19.440 --> 1:03:22.040
<v Speaker 1>at the job and the warehouse job and doing but

1:03:22.120 --> 1:03:25.720
<v Speaker 1>that their purpose could be be raising. No, and you're

1:03:25.720 --> 1:03:28.720
<v Speaker 1>like a kid. You don't get and I read this too.

1:03:28.760 --> 1:03:31.600
<v Speaker 1>You don't get nobility for sacrificing your life for your kids.

1:03:31.720 --> 1:03:33.200
<v Speaker 1>I agree, you don't be. I can't be like I'm

1:03:33.240 --> 1:03:35.440
<v Speaker 1>a great dad. I'll just kick it at home. No,

1:03:35.840 --> 1:03:38.160
<v Speaker 1>I gotta go build a company to companies do all

1:03:38.240 --> 1:03:39.720
<v Speaker 1>types of or I have to just be I have

1:03:39.840 --> 1:03:43.520
<v Speaker 1>to be the best version of me. Yeah, I have

1:03:43.640 --> 1:03:46.440
<v Speaker 1>to be the best version of me. Because I was

1:03:46.440 --> 1:03:49.240
<v Speaker 1>an approach, because I don't think everybody said the improvement

1:03:49.320 --> 1:03:52.840
<v Speaker 1>daily exactly, because I don't think it's about the whole

1:03:52.920 --> 1:03:55.480
<v Speaker 1>concept of generational wealth. I just was talking about that trash,

1:03:55.520 --> 1:03:59.440
<v Speaker 1>that ship. That's bullshit, like that's not the focus. To

1:03:59.480 --> 1:04:02.440
<v Speaker 1>focus is being the greatest version in building, being everything

1:04:02.520 --> 1:04:05.720
<v Speaker 1>you can be, and then that is wealth is wealth

1:04:05.880 --> 1:04:08.320
<v Speaker 1>is a lot more than a company or economic basis.

1:04:09.000 --> 1:04:12.520
<v Speaker 1>It's leaving someone something special. They're ahead of the curve

1:04:12.640 --> 1:04:14.920
<v Speaker 1>based off of whatever you passed them down the worlds.

1:04:15.000 --> 1:04:19.040
<v Speaker 1>They thought I've been telling people I'm trying to buy

1:04:19.040 --> 1:04:21.480
<v Speaker 1>a house with the whale. I think I just told

1:04:21.520 --> 1:04:24.400
<v Speaker 1>you I'm trying to buy property with the whale. I

1:04:24.520 --> 1:04:27.320
<v Speaker 1>want my own whale. That's because he wants to capitalize

1:04:27.360 --> 1:04:32.880
<v Speaker 1>the month water. He could charge the niggas a bro

1:04:33.360 --> 1:04:36.960
<v Speaker 1>only only only I'm the only well. For sure, you

1:04:37.080 --> 1:04:39.160
<v Speaker 1>niggas would be at my well of like fuck that.

1:04:40.040 --> 1:04:43.560
<v Speaker 1>This is what Every bottle of water is a big coined,

1:04:43.600 --> 1:04:46.280
<v Speaker 1>big coin worth two million. Every bottle of water a

1:04:46.400 --> 1:04:49.960
<v Speaker 1>gallon we got. That's y'all. Imagine if I had a

1:04:50.040 --> 1:04:56.600
<v Speaker 1>fucking house, Imagine a million sicks, just amillion, how many

1:04:56.680 --> 1:05:01.640
<v Speaker 1>sass is in the big cooin. People don't know these things.

1:05:01.720 --> 1:05:06.960
<v Speaker 1>Stock you can let me say that. You do not

1:05:07.080 --> 1:05:09.280
<v Speaker 1>have to buy a whole bitcoin. You can buy twenty

1:05:09.320 --> 1:05:11.640
<v Speaker 1>dollars worth. It's on your cash shop. You can buy

1:05:11.720 --> 1:05:14.240
<v Speaker 1>fifty dollars here, twenty dollars here. Just use it as

1:05:14.280 --> 1:05:17.560
<v Speaker 1>a bank account, savings account. Five percent, right, yeah, that's

1:05:18.040 --> 1:05:22.480
<v Speaker 1>five percent, so five dollar cost averaging. Don't worry about

1:05:22.480 --> 1:05:25.560
<v Speaker 1>the daily price up and down, long term seven years.

1:05:27.080 --> 1:05:29.400
<v Speaker 1>And what's your take on it? What would you advise

1:05:29.480 --> 1:05:36.840
<v Speaker 1>people economically when it comes to cryptocurrency invest in unique technologies.

1:05:37.280 --> 1:05:41.560
<v Speaker 1>It might be bitcoin. I have holdings in bitcoin, I

1:05:41.640 --> 1:05:44.680
<v Speaker 1>have holdings in etherorem have I have more more holdings

1:05:44.800 --> 1:05:47.960
<v Speaker 1>right now in stacks in the block stack ecosystem, which

1:05:48.000 --> 1:05:49.920
<v Speaker 1>is built on top of it actually is. Do you

1:05:50.000 --> 1:05:53.960
<v Speaker 1>have any doubts? No, I don't like that technology exactly

1:05:54.720 --> 1:05:57.640
<v Speaker 1>like print ten thousand per minute, but but just the same.

1:05:57.800 --> 1:06:00.480
<v Speaker 1>It's it's it's it's what it's a it's a cheap

1:06:00.560 --> 1:06:05.320
<v Speaker 1>knockoff of bitcoin sv Yes, yes, people you're going way

1:06:05.440 --> 1:06:07.560
<v Speaker 1>far down. People don't even know. They ain't been down

1:06:07.640 --> 1:06:11.040
<v Speaker 1>the rabbit hole. So yeah, that's all unless you want

1:06:11.040 --> 1:06:13.320
<v Speaker 1>to be obsessively trade. That's the thing. You can't obsessively

1:06:13.360 --> 1:06:16.520
<v Speaker 1>trade this ship because there's no fucking sleeping hours on exactly.

1:06:17.200 --> 1:06:20.000
<v Speaker 1>I mean, it's not like the stock market focused from

1:06:20.200 --> 1:06:22.520
<v Speaker 1>nine to four. No, you have to what are you

1:06:22.520 --> 1:06:25.600
<v Speaker 1>gonna just mess out and stare at it for six months?

1:06:25.760 --> 1:06:27.560
<v Speaker 1>People do. It's ridiculous.