Riding the Bitcoin Bull with Dave Bradley - FFS #110

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Dave, welcome to the
Freedom Footprint show.

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Thank you for joining us.

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Thank you for having me.

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Yeah.

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Welcome Dave.

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I just posted a thing on Twitter today.

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the post was, I'm trying to
figure out who's, who the,

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who is the humblest Bitcoiner.

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There should be an award for
the winner to not brag about.

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And then before the interview, I,
I, I stumbled upon your webpage.

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And I think you're a good
candidate for this award.

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Like, uh, I Bitcoinbrains.

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com, the strongest and best looking
Bitcoin entrepreneur in Canada.

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Yeah,

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Yeah,

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you, I guess.

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yeah, it's a, it's a very
important title, um, that I'm

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very, uh, proud to have achieved.

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And, uh, if you, if you look on there,
you scroll down just a little bit,

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you'll notice, um, some testimonials.

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And the first one there is from Daniel
Smith, um, who is the Premier of Alberta.

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And this is just, this is just, you
know, this topic came up as she was

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on a panel and the quotes there, she
just said, Dave is very handsome.

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And so now that the government has
said it, I think it's official.

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Absolutely.

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And we cannot do anything
but agree to this.

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Like, uh, I mean, who would
the other candidates even be?

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I don't know.

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But, uh, yeah.

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And it's a fantastic webpage.

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Elon Musk has said you're definitely
the strongest and best looking

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Bitcoin entrepreneur in Canada.

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That's something.

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And there are pictures of steaks
you've eaten here and they're pretty

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strong and beautiful too, I would say.

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Yeah, I've achieved, I've
achieved a lot in that area.

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Good to hear.

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Alberta famously has some of the
best, uh, or the best meat in

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the world, beef specifically.

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And I, I miss it constantly.

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I've been, I've been away for a
good, uh, almost three years here.

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And that's the one specific thing that I
definitely miss from, uh, from Calgary.

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Other things too, but, Uh,
that in particular, but we,

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we can, we can return to that.

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Dave, can you, can you start by giving
us a little introduction to yourself

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for, uh, the benefit of our listeners?

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Uh, yeah.

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Give us, give us the
tldr r on Dave Bradley.

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Yeah, so other than being the strongest
and best looking Bitcoin entrepreneur

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in Canada, I, I got to that point
by, uh, getting into Bitcoin in 2010.

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Yeah.

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And I, in 2013, started working full time
in the space when I opened a store, uh,

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that was called Bitcoin Brains, which
is now my, my personal brand website and

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my, my handle on Twitter and whatnot.

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so yeah, I think we were like the first
or one of the first, like, physical

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spaces like that where you could go
and it was like an actual little store.

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You could buy miners and
obviously Bitcoin and, you know.

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You know, there wasn't that much
Bitcoin related stuff to sell

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back then, but we sold all of it.

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Yeah.

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Yeah.

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And, and like, the, the funny thing
is, I, I never knew, uh, about.

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Any of this.

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I mean, I, I completely missed the
boat for, from a lot of perspectives.

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Uh, the, the Bitcoin didn't even
seem to really be a, a thing.

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Uh, I knew a bunch of people who were into
Ethereum, uh, and, and that was the only

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thing going around the, the offices, uh,
in downtown Calgary that I was aware of.

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But, uh, uh, thankfully, I, I pulled
around and, uh, unfortunately,

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somewhat, I, I left Calgary before.

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Uh, before I properly got into
Bitcoin, but uh, as I, as I understand,

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as I understand it, uh, Calgary
has a, has a pretty fantastic,

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uh, Bitcoin community, right?

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Like, uh, starting with, uh, as
you're saying, Bitcoin brains.

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So, uh, can you, can you tell us a little
bit more about that and, and everything

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you're building over in Calgary?

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Yeah, we've got an awesome community here.

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I think that kind of just naturally
emerged because in Western

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Canada, in Calgary in particular,
we are very freedom minded.

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You know, we're very individualistic.

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And so the, the reasons that people
started getting into Bitcoin very quickly

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became aligned with the natural values
of the people here, I think, and so, you

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know, we started seeing, really right back
to when we had that store in 2013, people

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that were not like the normal Bitcoin
demographic, you know, like rural ranchers

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that were like 60 coming in and buying
Bitcoin, and their sole reason for it was

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It was nothing to do with the technology
or the buzzwords or anything like that.

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It was pretty much just like,
yeah, I don't trust the government.

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And that it's a pretty straight line to
get from point A to point B on that one.

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Yeah, the ATIQ bell curve
meme comes into mind.

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But I think there's a lot to that.

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The most dangerous part of
any human population is the

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middle of the bell curve.

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The, the, the sheep.

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I mean, the, The shotgun owners in
the pickup truck, and the really

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brainy ones, they're usually, uh
The ones that should be in charge.

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Well, and the, the interesting thing is
like, I know what you're getting at with

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the, the two sides of the bell curve
there, but like, I don't, I don't think

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it aligns with like rural to urban at all.

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I think the rural people are smarter
than the urban people on average.

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And when you're talking to these people,
like, like somebody owns a ranch,

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Like, they're probably a lot smarter
than somebody who works at Deloitte.

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Absolutely.

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I think the, the, the meme
comes from like, there's some

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irony to the meme, right?

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Because it's, uh, it's actually the, the
pickup truckers that are the brainy ones.

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That's where I started my
career, by the way, Deloitte.

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Not started, but, but yeah,

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yeah, you go, you got better.

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to see the world is looking up for you.

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And I, Luke, I think I ran into
the bull bitcoin people before you

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did, because I met them all in Riga
in 2019, Francis and all of those,

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and Sessions was there as well.

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Yeah, we, we, we may have
met at that point, I think.

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Did you come to the dinner

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No, I

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in the, okay.

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We had this amazing bull
Bitcoin dinner that year.

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It was like in the basement
and we had this like 66 kilo

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roast pig and it was awesome.

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Yeah, I think I saw the dinner from
like, I was envious and looking in

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through a basement window or something
or saw some pictures or something,

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but yeah, I heard about that.

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If you remember the restaurant, we
might have to get a recommendation.

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We're organizing a little something
something in Riga this year, so.

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Oh yeah, we, we can, I
can, I can dig that up.

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It was like.

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This like 1, 100 year old castle basically
in this restaurant's like in the basement

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there and like when we walked in and And
like and it was like, oh, we're with bull

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Bitcoin They're like bull Bitcoin right
down this tunnel and it was like, I I

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didn't even know I needed to hear that

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So, Rabbit Hole in itself, like,
um, yeah, but Riga is all about

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Old basements with food in them.

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So, uh, I'm sure we'll find one.

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Yeah,

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Fantastic.

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So, so, okay, uh, take
us through after 2013.

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What, what, uh, did you
all get involved in?

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I think we've, we've, uh, sort of
spoiled the next part of the story

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with the, the bill, uh, bull bitcoin,
but how did that get started?

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How did you get involved with that?

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yeah, so, um, I had been doing business
with Francis for a while, um, we

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sold our store in 2015, and then, but
we kept the business, which was the

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brokerage, buying and selling Bitcoin,
and, I was just, Francis was doing

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the same thing with Satoshi Counter
at the Montreal Bitcoin Embassy.

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And so there was, there's probably
about five or six of us in Canada that

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had like the same kind of businesses.

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And the Bitcoin industry was
not very liquid back then.

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So we all had issues with like
either having too much Bitcoin

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or not enough Bitcoin or too
much cash or not enough cash.

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And so we used to buy
and sell from each other.

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And that's how I got to know Francis.

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And then, uh, yeah, we, started to
get to know each other better from

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some trips that I took out there and
we invited Francis to the first, uh,

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Bitcoin rodeo, which is a conference
that I put on here in Calgary.

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First one was in 2018 and we invited
Francis to come and speak and, we

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ended up, you know, talking quite a
bit and that was where sort of like the

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idea for BullBitcoin was, was formed.

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That we wanted to merge our two
companies and create Bull Bitcoin.

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We originally wanted to get a bunch of
other Canadian companies in to create like

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a super Bitcoin only company, but there
was nobody else that was like quite as

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ideologically aligned at that point yet.

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And, uh, yeah, that was, that's
where the idea came from.

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We founded BullBitcoin in, uh,
2018 and, yeah, it's probably the

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most advanced Bitcoin platform in
the world, I think, at this point.

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It's legendary for sure, and
it's because it's so based.

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And, I mean, uh, uh, and it's been, uh,
having the right ethos from the start, and

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I love, like, the old pictures of Francis,
uh, from his fiat life when he wears a

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suit and looks all, all, uh, like, uh,

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and now he looks like
an insurgent, basically.

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like, I see him as some guerrilla
warrior jungle commando type

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Yeah, yeah, exactly.

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beast mode, like it's fantastic.

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It's a before and after bitcoin.

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Yeah, I think, I think Francis is
obviously the superpower to BullBitcoin.

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Because he, he's probably like
the most hardcore, like, public

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Bitcoiner in the world, I think.

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Like, the guy who would, who would be
the last guy going down with the ship.

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Just, you know, and, and I, I think,
uh, that, that comes through in his,

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like, in his social media and his
communications with the world, and

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people identify with that, I think.

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Yeah.

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We got to have Francis on, Luke.

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Why haven't we had that yet?

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We need to talk to him.

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We will, one, one thing at a time.

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It's very difficult to
schedule things with Francis.

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Yeah, yeah.

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But we can wing it.

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Yeah,

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Yeah, I can imagine.

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But so, tell us a little bit about how
you came to that bitcoin only was the

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way to go, because that's not necessarily
completely obvious to everyone, right?

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yeah.

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So, um Um, I got there the hard way,
like most people who got in a long

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time ago, because, you know, there
was no Bitcoin standard in 2010.

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when I got into Bitcoin, most of
the talk about like, what Bitcoin

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was and what it was going to be
was like a competitor to PayPal.

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You know what I mean?

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It was this like revolutionary payment
network, censorship resistant, no

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chargebacks, and not really a lot of
talk about like the hard money aspect.

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You know, there was a little bit
that was in there on the Bitcoin

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talk forums, but like, that wasn't
really what motivated everyone.

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And it was, it was years before I really
like got the hard money aspect of Bitcoin.

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And it was only through like, you
know, discussions with other Bitcoiners

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basically and, getting deep on the forums
and reading everything that I could that

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like I eventually got to that point.

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And back then it was, I mean, I
got in like most Bitcoiners, I was

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looking for a way to make money.

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I was looking for more fiat.

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You know what I mean?

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And, uh, that was, uh, like, that was
like, I guess the start of the journey.

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And so, you know, you say, you know,
I, I made a good bet on Bitcoin.

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Like, I think I'm pretty smart
about this stuff, and now, like,

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I'm gonna just, like, use my big
brain and pick the next one, right?

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And, uh, so, yeah, I mean, I got into
all kinds of shitcoins, and, some

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I got lucky on, some I didn't get
lucky on, and I don't know whether

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I would have done better or worse
playing roulette, but, like, it was

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just a bunch of gambles in retrospect.

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And when it came down to it, like, you
know, I, I used to be very engaged in

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the early days of like, when ICOs first
started coming out, like 2015 kind of

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area, trying to think of like, you know
what, this has like a really good story.

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This is like, I can see the logic
behind this and you start talking about

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the technology and you start talking
about the community and all this stuff.

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And then when it comes down to
it at the end of the day, like.

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None of that stuff is actually
adding any value, right?

225
00:12:21,369 --> 00:12:25,349
They're, they're just like, it's
like investing in a tech company,

226
00:12:25,769 --> 00:12:27,179
but you don't get any shares.

227
00:12:27,835 --> 00:12:30,705
And like, you just don't get any rights.

228
00:12:30,975 --> 00:12:36,319
And part of the, part of the confusion,
and this was probably like where it came

229
00:12:36,319 --> 00:12:41,799
from for me early on, is like, If you
want to invest in Netflix and you wanna

230
00:12:41,799 --> 00:12:45,959
log into like your online brokerage
account, your E-Trade account, like

231
00:12:45,959 --> 00:12:47,459
you're not gonna go read the prospectus.

232
00:12:47,459 --> 00:12:51,259
You're not gonna go like, oh yeah, there's
these mountains of disclosure that have

233
00:12:51,259 --> 00:12:54,409
happened so that this is fair and above
board allegedly and all this stuff.

234
00:12:55,009 --> 00:12:57,019
You're gonna go in there and you're
gonna see the ticker and you're gonna

235
00:12:57,109 --> 00:13:02,059
see maybe a headline and you're gonna
say, okay, Netflix added subscribers,

236
00:13:03,099 --> 00:13:04,839
so I'm gonna invest in Netflix.

237
00:13:04,869 --> 00:13:07,209
And that's like the extent
of the research and.

238
00:13:07,784 --> 00:13:12,374
The user experience of logging into
your E Trade account and buying some

239
00:13:12,374 --> 00:13:16,734
Netflix is materially similar to
the user experience of logging into

240
00:13:16,734 --> 00:13:18,434
your Binance and buying some Tron.

241
00:13:19,126 --> 00:13:23,490
And if you're just reading headlines,
it's not much different, right?

242
00:13:23,859 --> 00:13:26,549
but at the underlying level,
when you buy Netflix shares,

243
00:13:26,549 --> 00:13:27,679
you own a part of a company.

244
00:13:28,669 --> 00:13:33,679
And that was the, that was the
disconnect that like the whole early

245
00:13:33,729 --> 00:13:36,659
sort of altcoin community didn't see.

246
00:13:37,169 --> 00:13:42,189
And like, Yeah, I mean, I think I got
there from like dabbling in it myself

247
00:13:42,189 --> 00:13:46,959
and like getting burned and like seeing
people that I know get burned and it's

248
00:13:47,119 --> 00:13:48,809
the hot stove is a very good teacher.

249
00:13:49,887 --> 00:13:51,227
Yeah, completely understandable.

250
00:13:51,227 --> 00:13:55,810
I mean, this echoes what I
was experiencing a little

251
00:13:55,810 --> 00:13:58,807
bit later, the 2017 run.

252
00:13:58,817 --> 00:14:03,797
But like, as I was saying, the
whole thing was guys would buy these

253
00:14:03,827 --> 00:14:06,267
Ethereum mining rigs in their garage.

254
00:14:06,267 --> 00:14:08,447
And that was the thing going on.

255
00:14:08,447 --> 00:14:14,397
And yeah, I really had no idea there
was something like that, like a Bitcoin,

256
00:14:14,397 --> 00:14:17,367
an actual Bitcoin community in Calgary.

257
00:14:17,367 --> 00:14:18,767
And I wish I'd known.

258
00:14:19,393 --> 00:14:24,413
so, my, my next question is for, for
our, our listeners who, who aren't aware.

259
00:14:24,443 --> 00:14:27,433
I've told a little bit about my story.

260
00:14:27,703 --> 00:14:32,063
I left Canada not entirely because
of everything going on with Trudeau

261
00:14:32,063 --> 00:14:36,968
and the economic climate, but that
was definitely a And I felt better

262
00:14:36,988 --> 00:14:42,797
immediately getting out of, uh, industries
dominated by oil and gas and therefore

263
00:14:43,147 --> 00:14:48,537
regulatory issues that, that created
incredible job insecurity for people

264
00:14:48,537 --> 00:14:50,377
earlier on in their, their career.

265
00:14:50,717 --> 00:14:52,957
But I haven't, I haven't gone
into too, too much detail in

266
00:14:53,167 --> 00:14:54,487
the background of all that.

267
00:14:54,777 --> 00:14:58,807
So can you explain your perspective on
everything that's gone on politically

268
00:14:58,807 --> 00:14:59,537
over the last couple of years?

269
00:14:59,877 --> 00:15:00,867
10 years or so.

270
00:15:01,596 --> 00:15:08,670
Yeah, I mean, so at the start of 2020,
I reread the book Atlas Shrugged.

271
00:15:09,205 --> 00:15:13,365
I had read it when I was 18, didn't
quite get it, re read it at the start of

272
00:15:13,405 --> 00:15:15,265
2020, and it scared the shit out of me.

273
00:15:15,505 --> 00:15:18,829
Like, it's exactly what's
going on right now.

274
00:15:19,249 --> 00:15:25,719
It is a capture of the entire economy
by forces that have nothing to do

275
00:15:25,719 --> 00:15:28,314
with What's good for anyone involved.

276
00:15:28,484 --> 00:15:33,984
So, the communists, the globalists,
whatever you want to call them,

277
00:15:34,004 --> 00:15:37,214
are taking a larger and larger
percentage of our economy.

278
00:15:37,794 --> 00:15:41,574
And in Canada, we're ahead of the
curve in that area, in that, you know,

279
00:15:41,574 --> 00:15:46,770
we've got a very, a government that is
very comfortable being totalitarian.

280
00:15:48,520 --> 00:15:55,170
And we're in this weird situation
where, you know, like, Justin Trudeau

281
00:15:55,170 --> 00:15:58,820
was elected with like something like
30 percent of the vote, which was less

282
00:15:58,820 --> 00:16:04,147
than his competitors, but the way our
system works, he was elected anyway, the

283
00:16:04,147 --> 00:16:09,987
election was over, like, importantly,
before polls had closed in Western Canada.

284
00:16:10,847 --> 00:16:12,107
So we didn't really get a say.

285
00:16:13,242 --> 00:16:18,957
And since then, like the, the leadership
of this country has been like just

286
00:16:18,957 --> 00:16:20,897
an unmitigated disaster, right?

287
00:16:20,897 --> 00:16:29,570
Like we're bringing out the most idiotic
totalitarian policies from everything

288
00:16:29,570 --> 00:16:34,840
from media censorship to, um, an exit
tax they're just proposing right now.

289
00:16:34,840 --> 00:16:39,218
And it like, it's gotten so ridiculous
that we're in this scenario where,

290
00:16:39,918 --> 00:16:41,588
you know, we know they're lying to us.

291
00:16:41,928 --> 00:16:46,418
The majority of Canadians know
that we're being lied to, they know

292
00:16:46,728 --> 00:16:49,228
that we know that they're lying.

293
00:16:49,958 --> 00:16:54,588
But they're looking us in the eyes,
continuing to lie to us, and then

294
00:16:54,588 --> 00:16:56,418
expecting us to just go along with that.

295
00:16:57,276 --> 00:17:02,346
And that, it's just such an absurd
scenario that like, we're a very

296
00:17:02,346 --> 00:17:03,776
polite culture as Canadians.

297
00:17:04,261 --> 00:17:11,271
And I think through the whole COVID
madness and that drastic, um, expansion

298
00:17:11,271 --> 00:17:15,757
of government powers and globalist
powers all over the world, you know,

299
00:17:15,757 --> 00:17:16,837
a lot of us were very frustrated.

300
00:17:16,837 --> 00:17:19,217
We're like, I thought there'd be
like mobs in the streets by now.

301
00:17:19,767 --> 00:17:20,067
Right.

302
00:17:20,567 --> 00:17:24,707
And, uh, they were very good for a
long time at knowing how far they could

303
00:17:24,707 --> 00:17:27,727
push Canadians, but then they just
got it wrong and they pushed too far.

304
00:17:28,387 --> 00:17:32,177
And that's when the trucker
protests happened, which I would

305
00:17:32,177 --> 00:17:34,497
say were still extremely polite.

306
00:17:35,462 --> 00:17:37,552
You know, there would have
been a very different.

307
00:17:38,270 --> 00:17:43,160
A very different scene if those truckers
would have showed up with guns, right?

308
00:17:43,200 --> 00:17:46,460
And the gap between those
two choices is massive.

309
00:17:46,460 --> 00:17:47,450
And they didn't do that.

310
00:17:48,170 --> 00:17:52,130
They respected our federalism
here, even though I don't

311
00:17:52,140 --> 00:17:53,680
believe it deserves that respect.

312
00:17:54,430 --> 00:17:59,710
And they respected the law and,
you know, just made a show of,

313
00:18:00,190 --> 00:18:03,110
of solidarity that the government
really couldn't ignore anymore.

314
00:18:04,500 --> 00:18:10,690
And I think Canada is like, almost
like the canary in the coal mine.

315
00:18:11,125 --> 00:18:16,475
For the globalists to see how far
they can push people in a lot of ways,

316
00:18:16,475 --> 00:18:19,155
you know, I think they're, they're,
they're coming with another push.

317
00:18:19,175 --> 00:18:24,895
Like they, this is my, my own, my own
homegrown conspiracy theory is that

318
00:18:24,925 --> 00:18:30,735
the whole plastic straw thing was like,
because obviously, like, you obviously

319
00:18:30,735 --> 00:18:32,395
can't make straws out of paper, right?

320
00:18:32,395 --> 00:18:33,305
Like everybody could.

321
00:18:33,825 --> 00:18:35,055
Everybody knows that, right?

322
00:18:36,035 --> 00:18:40,525
And yet somehow this five year old video
of a turtle with a straw stuck up its

323
00:18:40,525 --> 00:18:42,965
nose surfaces gets extremely viral.

324
00:18:42,965 --> 00:18:46,805
And then every restaurant and bar in the
world has paper straws within two weeks.

325
00:18:48,155 --> 00:18:50,935
where was the paper straw
manufacturing infrastructure?

326
00:18:50,945 --> 00:18:52,245
Why, why did that exist?

327
00:18:52,991 --> 00:18:57,341
Yeah, that was so weird, uh, that
is, and, uh, like, some people even

328
00:18:57,341 --> 00:19:02,991
think it's, you know, gonna change the
climate, we're using paper straws, and

329
00:19:02,991 --> 00:19:08,211
it's like, a four year old can figure
out that that's a lie, like, it's,

330
00:19:08,481 --> 00:19:08,981
Yeah,

331
00:19:09,281 --> 00:19:11,701
uh, it's so bizarre.

332
00:19:12,551 --> 00:19:17,881
it's like, it's like a medal of honor
for the virtue signaling class, who

333
00:19:17,891 --> 00:19:23,591
like, they want to have the lowest
effort level of virtue signaling

334
00:19:23,591 --> 00:19:26,311
that they can, where they're just
like, you know what, I am willing to

335
00:19:26,311 --> 00:19:29,971
suffer through this awful experience
of sucking paper in with my drink,

336
00:19:30,941 --> 00:19:31,351
Yeah,

337
00:19:32,091 --> 00:19:34,411
and therefore I am, I
am more virtuous, right?

338
00:19:34,411 --> 00:19:38,606
And so, but, but that said, like I
think, Like, it's suspicious to me

339
00:19:38,606 --> 00:19:41,456
that that came out of nowhere and
that, like, they were actually able

340
00:19:41,456 --> 00:19:43,056
to have that many paper straws ready.

341
00:19:43,626 --> 00:19:47,796
And so my, the next step where my
brain goes is like, okay, well, why?

342
00:19:48,106 --> 00:19:52,076
And I, I, my, my homegrown conspiracy
theory is that that was a test.

343
00:19:52,096 --> 00:19:55,046
Cause they were like, let's see how
much shit people will really eat

344
00:19:55,896 --> 00:19:57,246
in the name of virtue signaling.

345
00:19:57,246 --> 00:20:00,456
And they're like, okay, yeah, like,
no, they're, they're totally like.

346
00:20:00,851 --> 00:20:03,391
They're drinking through them, even
though they know it doesn't work,

347
00:20:03,841 --> 00:20:05,531
so like, let's roll out the virus.

348
00:20:05,871 --> 00:20:07,261
Like, they'll believe this shit too.

349
00:20:07,949 --> 00:20:13,679
to me, like, the paper straw thing,
it's, it's, it feels Californian, like,

350
00:20:13,689 --> 00:20:15,729
it feels like it's from San Francisco.

351
00:20:15,729 --> 00:20:21,909
I, I have this picture in my head of,
of, you know, um, uh, some, some 20 year

352
00:20:21,909 --> 00:20:30,584
old billionaire woke IT person, uh, It's
sipping some frappuccino twist out of a

353
00:20:30,614 --> 00:20:35,314
paper straw and there's a junkie dying of
a heroin overdose on the sidewalk next to

354
00:20:35,314 --> 00:20:40,654
him and it's like telling his friends how
SF is more like a European town and all of

355
00:20:40,654 --> 00:20:46,744
this and, and you know, Cartman is there
with a space suit and trying to survive

356
00:20:46,744 --> 00:20:49,714
or something like, it's, it's so bizarre.

357
00:20:49,714 --> 00:20:50,599
It's right out of, yeah.

358
00:20:51,119 --> 00:20:54,219
Yeah, Monty Python couldn't have written
that joke about the paper straws.

359
00:20:54,219 --> 00:20:55,429
It's like too bizarre.

360
00:20:55,899 --> 00:20:56,339
Yeah.

361
00:20:57,139 --> 00:21:01,309
I, um, I had this little moment
like that at Pacific Bitcoin

362
00:21:01,319 --> 00:21:03,239
in like 2022, I want to say.

363
00:21:03,859 --> 00:21:08,652
And, uh, so we're, like, staying at
this pretty nice hotel in Santa Monica.

364
00:21:08,722 --> 00:21:12,222
And, like, it had one of the
coolest lobby bars I've ever seen.

365
00:21:13,537 --> 00:21:17,507
It's super ridiculous and expensive
and has like all these fancy like

366
00:21:17,787 --> 00:21:23,191
vintage designer chairs from Denmark
and like they've got like a book

367
00:21:23,191 --> 00:21:28,581
signed by Louis Vuitton and like all
the like just fancy as shit and we're

368
00:21:28,821 --> 00:21:30,161
my very good friend and I love it.

369
00:21:30,161 --> 00:21:30,221
Thank you.

370
00:21:30,716 --> 00:21:35,036
Uh, Madex, whose art you can see right
behind me here, are sitting at the bar,

371
00:21:35,056 --> 00:21:38,546
and we've got like this weird surreal
moment where like, there's a group over

372
00:21:38,546 --> 00:21:41,816
to our left, and they're talking about
their movie, and the group to our right

373
00:21:41,886 --> 00:21:43,276
are talking about their tech exit.

374
00:21:43,626 --> 00:21:45,826
And we're sitting there in the
middle like, what the fuck is this?

375
00:21:46,356 --> 00:21:51,246
And like, we walked into this twilight
zone, and then, this is like 6pm.

376
00:21:51,666 --> 00:21:58,086
And then all of a sudden this like six
foot five naked Jesus looking guy is

377
00:21:58,086 --> 00:21:59,436
screaming in the middle of the street.

378
00:21:59,446 --> 00:22:03,156
And it's like we're in the, it's a ground
level bar, there's four ceiling windows.

379
00:22:03,546 --> 00:22:05,976
And so this guy's right there
screaming naked in the street and like

380
00:22:05,986 --> 00:22:07,536
trying to attack cars with a stick.

381
00:22:08,416 --> 00:22:12,709
And everybody kind of looks over and
they're like, oh, it's just that again.

382
00:22:12,719 --> 00:22:13,029
I don't know.

383
00:22:13,029 --> 00:22:15,389
And then, like, it goes
completely back to normal.

384
00:22:15,739 --> 00:22:19,149
And then, like, I went later that night
to the 7 Eleven that was across the

385
00:22:19,149 --> 00:22:22,879
street there, and the guy who had been
naked and screaming is there, and he's

386
00:22:22,899 --> 00:22:26,879
like, He's totally reasonable now,
he's wearing pants, and he's standing

387
00:22:26,879 --> 00:22:30,909
in front of a sign that says, Do not
give any money to the panhandlers,

388
00:22:30,909 --> 00:22:32,619
it only encourages them, essentially.

389
00:22:32,899 --> 00:22:36,309
He's literally like, right in front of
the sign, like, he's right here, and he's,

390
00:22:36,389 --> 00:22:38,999
he's standing there and being like, Oh
hey, hey brother, can I have a dollar?

391
00:22:40,289 --> 00:22:43,669
it's just, like, just the absurdity of
the situation, you know what I mean?

392
00:22:43,879 --> 00:22:46,039
And it brings to mind something
you said there, where it's kind of

393
00:22:46,039 --> 00:22:48,279
like, This feels very Californian.

394
00:22:48,649 --> 00:22:50,589
I feel like you can almost
use that as an insult.

395
00:22:51,124 --> 00:22:53,284
At this point, like, oh, if
somebody says something stupid to

396
00:22:53,284 --> 00:22:56,234
you, you're like, oh, that, you
sound very Californian right now.

397
00:22:56,707 --> 00:23:01,117
Yeah, I, I have a similar experience,
but it has nothing to do with this,

398
00:23:01,167 --> 00:23:04,957
uh, you know, junkies dying on the
street or Californian or anything.

399
00:23:04,957 --> 00:23:08,327
But this was in my tall ship
sailing days where, you know, I

400
00:23:08,337 --> 00:23:11,327
used to work on a tall ship that
had high school students on board.

401
00:23:11,797 --> 00:23:14,597
And at this particular
time, we were in Barcelona.

402
00:23:15,127 --> 00:23:22,037
And so around Um, the 30 or 40
kids, mostly like 16-year-old

403
00:23:22,037 --> 00:23:23,747
girls in school uniforms.

404
00:23:23,747 --> 00:23:28,817
And we're taking them to see, uh, a
concert in some church, a nice little

405
00:23:28,822 --> 00:23:31,607
event, um, at just after dinner.

406
00:23:31,697 --> 00:23:37,837
And they're walking up, uh, rumble, which
is like the big, uh, uh, the big street

407
00:23:37,837 --> 00:23:40,027
in, um, walking Street in Barcelona.

408
00:23:40,867 --> 00:23:45,727
And all of a sudden there's a naked guy,
uh, with, with tattoos all over him.

409
00:23:45,727 --> 00:23:50,087
So has blue, what looks like underwear,
but it's really just butt naked with, you

410
00:23:50,087 --> 00:23:56,057
know, a piercing in his dick and, and,
and the, they aren't real underpants.

411
00:23:56,097 --> 00:23:59,307
They're tattooed on him and they
just walk past him, but they're

412
00:23:59,307 --> 00:24:03,667
so busy talking about, you know,
after dinner, just giggling and

413
00:24:03,667 --> 00:24:05,117
talking about their little problems.

414
00:24:05,137 --> 00:24:08,577
So that none of them noticed this
naked guy just walking a meter.

415
00:24:09,232 --> 00:24:13,812
from them because they're all in
their own little bubble and there's

416
00:24:13,812 --> 00:24:17,792
a yeah there's a something there

417
00:24:18,462 --> 00:24:21,782
I, I have to say, it's very cool
that you're able to start stories

418
00:24:21,782 --> 00:24:24,302
with, in my tall ship sailing days,

419
00:24:27,012 --> 00:24:28,742
yeah not many people can do that

420
00:24:30,352 --> 00:24:34,802
I might start doing that, and then
just leading on to unrelated stories.

421
00:24:36,772 --> 00:24:38,862
yeah it works you should try it sometimes

422
00:24:39,745 --> 00:24:40,925
Sounds like a good plan.

423
00:24:41,525 --> 00:24:45,585
So, so maybe for some, uh,
some more context on this.

424
00:24:45,615 --> 00:24:48,245
So we, by the way, back to the
truckers a little bit, we, we had

425
00:24:48,245 --> 00:24:53,185
BJ Dichter on and he explained kind
of the whole inside story with that.

426
00:24:53,415 --> 00:24:59,515
But the, the Alberta, uh, versus
Central Canada, Eastern Canada divide

427
00:24:59,565 --> 00:25:04,355
thing isn't something that I think too
many people know about outside Canada.

428
00:25:05,205 --> 00:25:10,155
Can you give a little bit of your
perspective on how this has played out

429
00:25:10,155 --> 00:25:15,975
over the last 10 years that Ottawa, the
Canadian federal government has really

430
00:25:15,975 --> 00:25:22,565
had it out for the Western Canada,
the oil producing provinces and all

431
00:25:22,565 --> 00:25:24,265
that, because it's really something.

432
00:25:24,275 --> 00:25:25,800
What's your perspective on that?

433
00:25:26,485 --> 00:25:31,025
Yeah, I mean, I don't think people
really understand how big and diverse

434
00:25:31,025 --> 00:25:35,065
Canada is, because when you, if you
were to put this into, like, a European

435
00:25:35,065 --> 00:25:40,195
context, like, It's, it's more like,
if you were to say, you know, you've

436
00:25:40,225 --> 00:25:45,785
got somebody living in like, in Lisbon,
and then you've got somebody living

437
00:25:45,785 --> 00:25:50,815
in Istanbul, and those, like, that,
that would all be within Canada.

438
00:25:50,995 --> 00:25:52,605
That'd be like within
a small part of Canada.

439
00:25:53,395 --> 00:25:56,755
And at the same time, we have like
one tenth of the population density.

440
00:25:57,675 --> 00:26:04,585
And so, we are really geographically and
culturally diverse, and there's a huge,

441
00:26:04,615 --> 00:26:10,285
huge difference, you know what I mean, the
difference between BC, Quebec, Ontario,

442
00:26:10,285 --> 00:26:15,765
the Maritimes, and the Prairies, like,
those are all very distinct regions, and,

443
00:26:16,865 --> 00:26:20,155
you know, some of us get along better
than others, and it's, it's interesting

444
00:26:20,155 --> 00:26:25,400
because, you know, Quebec is obviously
singled out as the, the The most, um,

445
00:26:25,480 --> 00:26:29,570
distinct culture in Canada, and I think
there, there's some truth to that because

446
00:26:29,570 --> 00:26:34,330
of the language, if nothing else, and
they obviously had their, um, their

447
00:26:34,330 --> 00:26:39,450
separation efforts in the early 90s,
and, you know, I can identify with that.

448
00:26:39,450 --> 00:26:41,280
I can see why they would want to do that.

449
00:26:41,740 --> 00:26:46,140
And I can also see why they wanted
to stay, because the result of those

450
00:26:46,140 --> 00:26:51,850
separation efforts was a change in the
way that money is distributed from the

451
00:26:51,850 --> 00:26:55,290
provinces to the federal government
and then back to the provinces.

452
00:26:56,050 --> 00:27:01,877
And the result has essentially been
for the last, um, you know, now I

453
00:27:01,877 --> 00:27:04,447
guess we're at like, what, 33 years?

454
00:27:04,512 --> 00:27:08,943
Since the first referendum, the
result is for those 33 years,

455
00:27:08,963 --> 00:27:11,713
Alberta has essentially been
paying Quebec to stay in Canada.

456
00:27:12,533 --> 00:27:14,883
And we have this system where
we have what is called have

457
00:27:14,923 --> 00:27:16,613
provinces and have not provinces.

458
00:27:17,563 --> 00:27:22,023
And for the most part, um, Quebec
and the Maritimes have always

459
00:27:22,023 --> 00:27:23,263
been in the have not provinces.

460
00:27:23,663 --> 00:27:25,943
Alberta has always been
in the have provinces.

461
00:27:26,831 --> 00:27:29,591
The other ones kind of
fluctuate back and forth.

462
00:27:29,841 --> 00:27:32,591
And the result is that when you're
in a have province, you pay more.

463
00:27:32,941 --> 00:27:35,111
And when you're in a have not
province, you receive more.

464
00:27:35,881 --> 00:27:41,241
And the result has been just a massive,
incredible, astonishing transfer of

465
00:27:41,241 --> 00:27:45,461
wealth from Western Canada to Eastern
Canada over the last 30 years and it's,

466
00:27:45,851 --> 00:27:47,641
it's hundreds of billions of dollars.

467
00:27:48,471 --> 00:27:53,271
It's, it's the majority of the spending
that is happening in Eastern Canada.

468
00:27:53,731 --> 00:27:59,401
I had, uh, I had this, this dinner,
um, with some friends in Montreal who

469
00:27:59,401 --> 00:28:06,174
were like very, very politically Like,
one of them was an active politician

470
00:28:06,174 --> 00:28:11,519
that was well known, and I was talking
about this very issue, and they

471
00:28:11,519 --> 00:28:14,509
didn't really see it as that big of
a problem, and then we decided I was

472
00:28:14,519 --> 00:28:17,102
like, look, we'll look it up, I'll
show you how big of a problem it is.

473
00:28:17,499 --> 00:28:21,049
And when we looked it up, 40 percent of
the spending for the province of Quebec

474
00:28:21,069 --> 00:28:23,069
was paid for by the province of Alberta.

475
00:28:23,829 --> 00:28:30,479
And At the same time, we're receiving,
you know, we get less money, and in some

476
00:28:30,479 --> 00:28:33,189
ways that's a good thing, like if the
government's going to do less stuff,

477
00:28:33,219 --> 00:28:38,946
that's probably good for everyone, but
we're at a point where it's not that

478
00:28:38,946 --> 00:28:43,547
they're doing less stuff, they're doing
stuff to actively, they're trying to

479
00:28:43,547 --> 00:28:47,247
destroy our economy, they're trying to
destroy the energy industry, which is

480
00:28:47,867 --> 00:28:52,307
really what has paid for this entire 30
years of spending, is the Alberta energy

481
00:28:52,307 --> 00:28:54,137
industry has paid for the entire country.

482
00:28:54,894 --> 00:28:58,064
And now we've got the Trudeau government
who's, you know, blocking pipelines.

483
00:28:58,064 --> 00:29:00,794
We need three pipelines,
like, ten years ago.

484
00:29:01,774 --> 00:29:04,224
And it's almost impossible
to get one of those built.

485
00:29:05,014 --> 00:29:08,524
Not due to, not due to environmental
concerns, not due to climate change.

486
00:29:08,944 --> 00:29:11,898
Because it doesn't change
how much oil gets produced.

487
00:29:11,968 --> 00:29:13,628
It doesn't change how
much oil gets shipped.

488
00:29:14,158 --> 00:29:17,208
It just changes how it gets shipped
and how much it costs to get shipped.

489
00:29:18,088 --> 00:29:22,573
And so, we're in the spot where You
know, the parallels to like, the American

490
00:29:22,573 --> 00:29:25,833
Revolution are very real, where like,
we have taxation without representation,

491
00:29:25,833 --> 00:29:34,463
we have, we're not important in the, in
the, um, the political picture for the

492
00:29:34,463 --> 00:29:40,793
country as a whole, because we can vote
one way entirely, and that party can lose.

493
00:29:41,748 --> 00:29:46,578
And we can be subjected to, you
know, four more years of the federal

494
00:29:46,578 --> 00:29:50,448
government in Ottawa just looting
our province and sending all of the

495
00:29:50,448 --> 00:29:51,888
wealth to the rest of the province.

496
00:29:52,510 --> 00:29:54,920
And so we've got this, like,
this is obviously a sore spot

497
00:29:54,920 --> 00:29:56,080
for some of us in Alberta.

498
00:29:56,520 --> 00:29:59,720
And at the same time, we've
got this cultural divide.

499
00:30:00,160 --> 00:30:04,474
And in a strange way, I actually,
like, I've spent a lot of time in

500
00:30:04,694 --> 00:30:09,089
Eastern Canada, especially Montreal,
and I don't feel a huge, you Cultural

501
00:30:09,089 --> 00:30:13,529
divide, actually, between Albertans
and Quebecois in a strange way.

502
00:30:13,529 --> 00:30:17,289
Even though we're very culturally
different, we're actually quite the

503
00:30:17,289 --> 00:30:21,279
same in the fact that mostly we have the
same values and we want the same things.

504
00:30:22,709 --> 00:30:26,879
I think Quebec and Alberta
would be great neighbors, you

505
00:30:26,879 --> 00:30:28,659
know, in different countries.

506
00:30:29,149 --> 00:30:34,169
Um, I feel a much bigger disconnect from
Ontario, from Toronto in particular,

507
00:30:34,749 --> 00:30:38,539
and anytime I'm in Toronto, I feel like
it's, like I'm in a, I'm in a, like a

508
00:30:38,559 --> 00:30:40,739
twilight zone, it's just a weird place.

509
00:30:41,919 --> 00:30:45,419
know, I went into the bank a few years
ago, and I was depositing some money,

510
00:30:46,256 --> 00:30:50,176
and the teller looks up my account, and
she can see that I'm from Calgary, and

511
00:30:50,176 --> 00:30:54,120
she's like, oh, I see you're from Calgary,
it must be so nice for you to be here.

512
00:30:55,101 --> 00:30:56,615
I was like, what?

513
00:30:56,615 --> 00:30:59,461
Like, no, it's nice for
you for me to be here.

514
00:31:03,083 --> 00:31:07,423
Yeah, so from an outsider's perspective,
let's, let's backtrack here a bit

515
00:31:07,443 --> 00:31:12,908
because, we've been, from an outsider's
perspective, the, the whole, uh, COVID,

516
00:31:12,908 --> 00:31:17,558
um, or the lockdown period, whatever
you might call it, was so weird because

517
00:31:17,568 --> 00:31:23,538
the, what, what we viewed as some of
the most open and, uh, you know, liberal

518
00:31:23,538 --> 00:31:28,398
in the classic sense of the word, of
the word, um, Places in the world, uh,

519
00:31:28,398 --> 00:31:33,138
where, uh, Canada and Australia, we
always saw those as like, we, even me

520
00:31:33,138 --> 00:31:37,388
with my Swedish eyes, I always thought
of those two countries as like, that's

521
00:31:37,393 --> 00:31:38,828
where the chill people are from.

522
00:31:38,828 --> 00:31:43,508
And like Canada seemed like just a,
a more chill version of the US and

523
00:31:43,513 --> 00:31:50,478
slightly more sane, you know, and not
as guns slinging, but . Um, and, and

524
00:31:50,478 --> 00:31:52,493
then, uh, this, this whole woke thing.

525
00:31:53,203 --> 00:31:58,963
It sort of started, or, or p or
started to peak around when, uh,

526
00:31:58,993 --> 00:32:03,313
Jordan Peterson came out and then,
uh, Brett Weinstein and all of this w

527
00:32:03,313 --> 00:32:04,873
or Weinstein or whatever his name is.

528
00:32:05,263 --> 00:32:09,933
Uh, and, and this, uh, about
the universities in the US and,

529
00:32:09,933 --> 00:32:13,773
uh, pronouns and all of that
stuff started to, to be a thing.

530
00:32:13,803 --> 00:32:16,233
Like I hadn't really
heard of it before that.

531
00:32:16,233 --> 00:32:18,393
And that's like 10, 15 years ago, right?

532
00:32:19,098 --> 00:32:21,698
So, so where, where did Canada go wrong?

533
00:32:21,708 --> 00:32:24,038
When, when did Canada go insane?

534
00:32:24,198 --> 00:32:26,668
Like, I, I have a very hard time.

535
00:32:26,718 --> 00:32:31,408
How come the woke virus, like,
infected so much of your country?

536
00:32:31,408 --> 00:32:33,078
What, what, what is the main reason?

537
00:32:33,088 --> 00:32:34,348
What, what do you think?

538
00:32:34,888 --> 00:32:38,728
Yeah, so I don't necessarily think
that it is just that the woke virus

539
00:32:38,728 --> 00:32:39,998
infected a lot of the country.

540
00:32:40,660 --> 00:32:43,210
I think it infected the parts
of the country that have the

541
00:32:43,240 --> 00:32:45,620
voting power is a big thing.

542
00:32:45,640 --> 00:32:52,146
So if you look at the way the, the, like
our elections work, the, the seats are

543
00:32:52,146 --> 00:32:54,236
very concentrated in Eastern Canada.

544
00:32:54,236 --> 00:32:58,311
So we have a parliamentary
democracy, Every riding has a

545
00:32:58,311 --> 00:33:01,461
representative that we send to Ottawa
to be our riding representative.

546
00:33:01,491 --> 00:33:04,551
But realistically, they're, they're
a member of one of like three or four

547
00:33:04,551 --> 00:33:10,061
political parties, and the party with the
most, uh, seats can form the government.

548
00:33:10,601 --> 00:33:13,541
And if a party or coalition of
parties has enough seats, they

549
00:33:13,541 --> 00:33:14,791
can form a majority government.

550
00:33:15,376 --> 00:33:20,826
this system in particular kind of leads
itself to capture from, um, Like, a

551
00:33:20,826 --> 00:33:24,596
well organized minority, and that's what
we've seen right now, where we've got

552
00:33:24,626 --> 00:33:28,896
this Trudeau government in there that,
like, they got a very small minority

553
00:33:28,896 --> 00:33:33,656
of the vote when they were popular,
and have been able to appease sort of

554
00:33:33,666 --> 00:33:37,776
the special interest groups on the left
to get them over the hump of how many

555
00:33:37,776 --> 00:33:41,881
seats they needed, and the reason for
that is because these These pockets of

556
00:33:41,881 --> 00:33:43,341
political influence are very concentrated.

557
00:33:43,341 --> 00:33:47,611
So there's always a fight over who's
going to win in the East, but when

558
00:33:47,611 --> 00:33:52,340
the Liberals win in the East, they're
going to win everything because that's

559
00:33:52,340 --> 00:33:53,960
where the most of the seats are.

560
00:33:53,960 --> 00:33:57,535
And so here in Western Canada, like,
we kind of vote the same way all the

561
00:33:57,545 --> 00:33:58,955
time and it doesn't really matter.

562
00:33:59,025 --> 00:34:03,025
The Conservatives will be in power if
Ontario votes them in and the Liberals

563
00:34:03,025 --> 00:34:04,675
will be in power if Ontario votes them in.

564
00:34:05,285 --> 00:34:09,478
And so that creates a situation where,
you know, it's, it's a perverse incentive.

565
00:34:09,858 --> 00:34:10,998
They, the, the.

566
00:34:11,593 --> 00:34:16,813
The government has the incentive to pay
the voters in the areas of the country

567
00:34:16,813 --> 00:34:18,023
that actually decide the election.

568
00:34:18,675 --> 00:34:23,485
Alright, so, is gerrymandering a
phenomenon in Canada as well as the US?

569
00:34:24,075 --> 00:34:24,745
Yeah, it is.

570
00:34:24,875 --> 00:34:30,515
Um, it's, it's not as big of a
phenomenon, I think, as it is in the U.

571
00:34:30,515 --> 00:34:31,085
S.

572
00:34:31,415 --> 00:34:33,645
Um, we don't have as
many things to vote on.

573
00:34:34,445 --> 00:34:37,505
We don't have as many layers of,
like, they elect their sheriffs

574
00:34:37,505 --> 00:34:39,035
and all kinds of stuff in the U.

575
00:34:39,035 --> 00:34:39,235
S.

576
00:34:39,792 --> 00:34:42,212
our levels of power are a little bit
more distinct, and so it's a little

577
00:34:42,212 --> 00:34:45,727
bit harder to make a difference in
terms of gerrymandering When you're

578
00:34:45,727 --> 00:34:49,497
talking about like the scale of the
country than it is the local scale,

579
00:34:49,497 --> 00:34:51,157
but then I'm sure it's still going on.

580
00:34:52,072 --> 00:34:56,622
I know like very few people
probably have trust in the election

581
00:34:56,622 --> 00:34:59,592
system right now, it'd be a pretty
irrational move to believe that

582
00:34:59,592 --> 00:35:00,882
they're not cheating in some way.

583
00:35:01,543 --> 00:35:03,833
that said, I believe both
sides are probably cheating.

584
00:35:04,645 --> 00:35:09,095
I don't know that one side is, is
much better than the other, but in

585
00:35:09,095 --> 00:35:13,209
the spot rate that we're in right now,
like all, all of these politicians

586
00:35:13,209 --> 00:35:16,179
are, are no better than their
incentives, like, like anyone else.

587
00:35:16,179 --> 00:35:16,419
Right?

588
00:35:16,459 --> 00:35:24,087
And so the, um, the incentives are right
now that our liberal government, you know,

589
00:35:24,097 --> 00:35:25,777
they, they've lost the middle ground.

590
00:35:26,217 --> 00:35:30,207
Like they've been so ridiculous and all
of those shit that they pulled, they

591
00:35:30,207 --> 00:35:34,687
trampled a late, like an old lady with a
horse and the trucker protests, like it.

592
00:35:35,932 --> 00:35:40,502
It's beyond ridiculous to the point
where anybody who has opened their

593
00:35:40,502 --> 00:35:44,812
eyes and read something that isn't from
the mainstream media in the last four

594
00:35:44,812 --> 00:35:48,412
years has probably at least got some
doubts going about this government now.

595
00:35:49,362 --> 00:35:52,992
And so they don't have much
room to win in that area, right?

596
00:35:52,992 --> 00:35:55,202
They're trying even more ridiculous stuff.

597
00:35:55,202 --> 00:35:58,362
They're trying a hate speech law
right now that would be retroactive.

598
00:35:59,222 --> 00:36:02,832
So they, they could come after
us for things that we said in

599
00:36:02,832 --> 00:36:05,492
the past that are now illegal.

600
00:36:06,587 --> 00:36:10,927
And, you know, it's getting
like, it's, it's just dystopian.

601
00:36:10,927 --> 00:36:14,557
It's getting so absurd that
there's nothing to be gained

602
00:36:14,567 --> 00:36:17,617
from these governments by coming
to the rational discussion.

603
00:36:17,697 --> 00:36:22,047
All that they can do is pander to
the lowest level of talking points

604
00:36:22,077 --> 00:36:26,607
and, you know, that kind of stuff
is starting to run out, I think.

605
00:36:27,277 --> 00:36:33,797
That kind of like people's appetite to
be sold the most ridiculous bullshit.

606
00:36:34,747 --> 00:36:36,457
is lessening, I think.

607
00:36:36,457 --> 00:36:39,147
And we're seeing that with a lot
of the like, parental rights stuff,

608
00:36:39,547 --> 00:36:44,397
with the whole Bud Light marketing
campaign that spectacularly failed.

609
00:36:44,397 --> 00:36:48,087
We're starting to see, you know, a
lot of people who are kind of going

610
00:36:48,087 --> 00:36:51,397
along with the whole woke cancer
culture because either they wanted

611
00:36:51,397 --> 00:36:54,037
to be polite, they wanted to be nice,
or they didn't want to get cancelled.

612
00:36:54,197 --> 00:36:56,627
A lot more people are fed up
with that by this point, I think.

613
00:36:57,237 --> 00:37:01,697
I never got that, like, people were
upset because, uh, they had homosexuals

614
00:37:01,697 --> 00:37:03,347
in the Bud Light commercial, right?

615
00:37:03,847 --> 00:37:06,347
But everyone knows that Bud
Light is a gay beer, right?

616
00:37:06,967 --> 00:37:09,067
Like, it's always been a gay beer.

617
00:37:09,337 --> 00:37:10,937
Anyway, uh, we're

618
00:37:14,197 --> 00:37:16,937
Maybe we'll have to trim this for
YouTube, Luke, what do you think?

619
00:37:17,147 --> 00:37:17,487
Uh,

620
00:37:18,022 --> 00:37:18,552
I doubt it.

621
00:37:18,552 --> 00:37:19,092
We're fine.

622
00:37:20,507 --> 00:37:27,517
so, like, uh, the exit tax and the, uh,
retroactive hate speech law, that, that's

623
00:37:27,517 --> 00:37:31,267
just, that, that's just super Orwellian.

624
00:37:31,267 --> 00:37:36,902
I know of some other weird laws that came
to pass in Canada, like, Uh, mandatory

625
00:37:36,902 --> 00:37:39,712
tampons in men's bathrooms, for instance.

626
00:37:40,142 --> 00:37:41,922
I love that one, because that's just

627
00:37:41,982 --> 00:37:44,282
Well, well, here's, here's
a very good example.

628
00:37:44,322 --> 00:37:48,817
So, a friend of mine, um, By the name
of Derek Hildebrand, he's the publisher

629
00:37:48,817 --> 00:37:53,847
of the Western Standard, which is the
largest, uh, independent news, online

630
00:37:53,847 --> 00:37:57,907
news outlet in Canada now, and I was at
his office recently, and he showed me a

631
00:37:57,907 --> 00:38:03,257
tampon that he got in the men's room at
Pearson International Airport in Toronto,

632
00:38:04,377 --> 00:38:09,531
and he's like, yeah, I got this tampon for
my penis, you know, and, uh, meanwhile,

633
00:38:10,381 --> 00:38:14,951
neither the men's room nor the women's
room In Calgary International Airport

634
00:38:14,961 --> 00:38:20,636
have to have bonds, so it's like, it's,
it's a microcosm of what's going on here,

635
00:38:20,636 --> 00:38:25,916
right, is like, we're paying for Toronto
to have shit that they don't need at the

636
00:38:25,916 --> 00:38:31,242
expense of stuff that we do need, and it's
all, it's, it's all running down those

637
00:38:31,252 --> 00:38:33,262
woke agendas too, so it's, it's absurd.

638
00:41:49,514 --> 00:41:54,814
Yeah, so, so how far off do you
think, uh, uh, you know, Alberta

639
00:41:54,844 --> 00:41:58,224
just leaving and becoming its
own state, how far off is that?

640
00:41:58,274 --> 00:42:00,364
Is that a fantasy, or what is it?

641
00:42:00,989 --> 00:42:06,139
Well, um, like I mentioned earlier that I
read Atlas Shrugged at the start of 2022.

642
00:42:07,979 --> 00:42:11,299
And I was like legitimately depressed
when I was done with that because it's

643
00:42:11,299 --> 00:42:13,189
like, so I was like, there's no gulch.

644
00:42:13,209 --> 00:42:18,439
Like, I mean, Bitcoin is the gulch
ultimately, but, um, the next book

645
00:42:18,439 --> 00:42:20,879
that I read after that was the
Sovereign Individual, which I think

646
00:42:20,879 --> 00:42:23,269
is one of the best books out there.

647
00:42:23,269 --> 00:42:25,139
Very important for anyone
to read if they haven't.

648
00:42:25,737 --> 00:42:28,897
and one of the central ideas to that
book is that the day of the large scale

649
00:42:28,897 --> 00:42:33,967
nation state is over, and there are
a lot of details that, that lead into

650
00:42:33,967 --> 00:42:37,837
that, but one of the things, and this
book is crazy for its predictions, like

651
00:42:37,837 --> 00:42:41,637
it basically predicted Bitcoin in, like
this is 1994 or something like that,

652
00:42:42,328 --> 00:42:43,288
It's so good.

653
00:42:43,788 --> 00:42:44,658
It's so good.

654
00:42:45,233 --> 00:42:48,513
One of the things that it predicted
was that Canada would be the first

655
00:42:48,533 --> 00:42:52,193
large scale nation state to break
apart, and it specifically mentions

656
00:42:52,193 --> 00:42:54,903
the cultural divide between Alberta
and the rest of the country.

657
00:42:55,733 --> 00:43:01,503
And in a lot of ways, like, I think
Canada is really ripe for that kind

658
00:43:01,503 --> 00:43:03,593
of, like, balkanization, right?

659
00:43:03,623 --> 00:43:09,923
And it's funny because, um, so I, when
Trudeau was reelected 2019, I started,

660
00:43:09,923 --> 00:43:15,073
like, pretty aggressively talking to
people that I know well about, like,

661
00:43:15,273 --> 00:43:17,033
separation and Alberta independence.

662
00:43:17,523 --> 00:43:21,153
And, like, almost exclusively, I
got the answer, um, well, that would

663
00:43:21,153 --> 00:43:22,563
be nice, but that's unrealistic.

664
00:43:23,243 --> 00:43:25,213
And that has shifted.

665
00:43:25,748 --> 00:43:30,188
But the funny thing is one of the
biggest arguments that I don't have,

666
00:43:30,793 --> 00:43:34,293
like there's no rational argument
against is like, okay, but we have

667
00:43:34,293 --> 00:43:35,223
the best hockey team right now.

668
00:43:36,289 --> 00:43:39,739
And like, you break up Canada, it's
not going to be the best hockey team.

669
00:43:39,739 --> 00:43:42,049
But I was, the same is true right now.

670
00:43:42,059 --> 00:43:44,339
We've got the Olympics coming up in Paris.

671
00:43:44,889 --> 00:43:47,399
There's an interesting case
that the best basketball team in

672
00:43:47,399 --> 00:43:48,709
the world would be Yugoslavia.

673
00:43:49,691 --> 00:43:54,089
If it was a thing right now, and
so that's what we have to lose.

674
00:43:54,119 --> 00:44:00,049
We have to lose our global hockey
dominance and, uh, you know,

675
00:44:00,049 --> 00:44:01,019
I don't think it's worth it.

676
00:44:01,299 --> 00:44:05,989
Like, I don't know how you can even
weigh that against all the crazy

677
00:44:05,989 --> 00:44:09,357
shit that they've got coming and,
like back to the question, like,

678
00:44:09,357 --> 00:44:12,897
I think the more crazy shit they
push and the harder Trudeau goes.

679
00:44:13,332 --> 00:44:18,022
The more likely it is that he's going
to push Alberta into a situation where

680
00:44:18,742 --> 00:44:23,122
it's untenable for more people, and
that makes the separation more likely.

681
00:44:23,889 --> 00:44:24,239
Yeah.

682
00:44:24,239 --> 00:44:28,409
And the funny thing about, like, I
think this, this entire situation

683
00:44:28,409 --> 00:44:32,059
is like, I mean, I, I'm in the group
that has, has left, but still wants

684
00:44:32,059 --> 00:44:34,509
to see the, the best for Canada.

685
00:44:34,659 --> 00:44:35,509
Absolutely.

686
00:44:35,979 --> 00:44:40,620
But yeah, like before, before I
left, 2021, during the pandemic.

687
00:44:40,846 --> 00:44:47,006
it was the entire mood in, in Calgary was
just, uh, at least in, in, in my circles.

688
00:44:47,006 --> 00:44:50,466
And, and I mean, I might've worked for a
consulting company, but, but like I did

689
00:44:50,466 --> 00:44:52,386
work with oil and gas companies mostly.

690
00:44:52,602 --> 00:44:56,942
that was pre Trucker protest, and, uh,
I mean, I'm sure I would have donated to

691
00:44:56,942 --> 00:45:00,772
that to gotten my bank account frozen,
like, the whole thing is crazy, right?

692
00:45:01,193 --> 00:45:05,663
And I mean, orange pill moment for
so many people, I think, and well,

693
00:45:05,663 --> 00:45:07,573
maybe that's the Bitcoin of it all.

694
00:45:07,783 --> 00:45:14,273
What is your perspective on the role
of Bitcoin in the future of Canada?

695
00:45:15,380 --> 00:45:19,930
I don't really care, um, but I would
love to see Bitcoin have a very

696
00:45:19,930 --> 00:45:21,700
important role in the future of Alberta.

697
00:45:22,483 --> 00:45:23,633
Awesome answer.

698
00:45:23,943 --> 00:45:25,403
So what do you think
that's going to look like?

699
00:45:25,960 --> 00:45:29,960
I hope it's going to mean that
Alberta will be one of the first Uh,

700
00:45:29,990 --> 00:45:33,280
jurisdictions in the world openly
put Bitcoin on the balance sheet.

701
00:45:34,250 --> 00:45:38,200
Um, I wrote an article to that
extent a couple of years ago.

702
00:45:38,550 --> 00:45:44,920
Um, our premier who has endorsed me
from my title as the strongest and best

703
00:45:44,920 --> 00:45:51,025
looking Bitcoin entrepreneur in Canada
has, uh, She was a Bitcoiner and she,

704
00:45:51,305 --> 00:45:56,335
a bunch of us, uh, BCC Sessions and
Frances and I, um, were all on her show.

705
00:45:56,335 --> 00:45:59,695
She used to have a radio show and,
uh, we went on there talking about

706
00:45:59,695 --> 00:46:06,575
Bitcoin and the, uh, we all told
her, Get your coins off Quadriga.

707
00:46:07,670 --> 00:46:12,520
Quadriga was an exchange that we had here
that, uh, that went belly up and, uh, she

708
00:46:12,520 --> 00:46:14,480
didn't, she lost her coins in Quadriga.

709
00:46:14,650 --> 00:46:18,210
So she's, she's like, I don't
know what you call that, but like,

710
00:46:18,210 --> 00:46:19,650
it's a, it's a vetted Bitcoiner.

711
00:46:19,660 --> 00:46:23,370
Somebody who has lost their
coins to an exchange hack is

712
00:46:23,370 --> 00:46:25,610
like a real Bitcoiner for sure.

713
00:46:25,610 --> 00:46:27,190
And so she, she is a Bitcoiner.

714
00:46:29,120 --> 00:46:32,880
sees where, uh, Bitcoin
can add value to Alberta.

715
00:46:33,370 --> 00:46:36,400
I think we're in kind of a
unique spot also because we've

716
00:46:36,400 --> 00:46:37,710
got our energy industry here.

717
00:46:38,275 --> 00:46:40,545
And it's a very fragmented
energy industry.

718
00:46:41,115 --> 00:46:46,755
So, um, we did the math and the place
we're holding the Bitcoin Rodeo, this

719
00:46:46,755 --> 00:46:50,335
is last year, this could be different
by now, actually probably is, um, the

720
00:46:50,375 --> 00:46:53,535
place that we're holding the Bitcoin
Rodeo in downtown Calgary, within a

721
00:46:53,575 --> 00:46:57,915
10 block radius of that spot, there
are 650 oil companies headquartered.

722
00:46:59,105 --> 00:47:02,065
So we have a lot of small oil companies.

723
00:47:02,955 --> 00:47:09,625
We have, uh, just a, A really large,
but fragmented energy industry.

724
00:47:09,625 --> 00:47:12,535
And the result of that is that
we have a lot of like really good

725
00:47:12,675 --> 00:47:16,755
producing oil wells that are in the
middle of nowhere and they can get

726
00:47:16,755 --> 00:47:21,855
the oil to market because that's the
whole economic basis for the project.

727
00:47:22,235 --> 00:47:25,095
But these wells also produce
natural gas and it's a lot harder

728
00:47:25,095 --> 00:47:27,705
to get natural gas to market if
you don't have a pipeline nearby.

729
00:47:28,205 --> 00:47:30,585
And so what they do now
is they flare it off.

730
00:47:30,865 --> 00:47:35,985
And in, uh, in Alberta recently, we've
got a bunch of companies, uh, It's pretty

731
00:47:35,985 --> 00:47:40,355
much spearheaded by a good friend of
mine, Steve Barber, upstream data, who

732
00:47:40,895 --> 00:47:46,605
is installing, um, like little buildings
of all these gas sites that burn the

733
00:47:46,605 --> 00:47:49,155
gas, generate power and mine Bitcoin.

734
00:47:49,595 --> 00:47:52,765
And so Alberta is like really
well positioned to be a leader

735
00:47:52,805 --> 00:47:54,265
in that part of the industry.

736
00:47:55,195 --> 00:47:58,995
And if you pair that with, you know,
as I'm saying that, like, we've got

737
00:47:58,995 --> 00:48:02,995
all these mini oil companies, it
lines up with our, our culture of

738
00:48:02,995 --> 00:48:04,835
like individualism, free markets.

739
00:48:05,615 --> 00:48:12,695
And uh, And I guess you can extend to
like decentralization and, you know,

740
00:48:12,715 --> 00:48:17,335
Bitcoin, both as an industry and a
payment tool and a form of money,

741
00:48:17,335 --> 00:48:18,795
obviously supports all those things.

742
00:48:19,365 --> 00:48:22,045
So that's like, we've been working
with the province to try to like,

743
00:48:22,862 --> 00:48:25,372
talk to them about like, what
does this actually look like?

744
00:48:26,027 --> 00:48:29,087
If Bitcoin goes on the balance sheet
someday, and like, I hope it will,

745
00:48:29,247 --> 00:48:32,737
like it, it seems logical and positive.

746
00:48:32,737 --> 00:48:36,477
So unless political forces get in the
way and squash this, then I think there's

747
00:48:36,477 --> 00:48:39,187
a good chance that Alberta will someday
have Bitcoin on the balance sheet.

748
00:48:40,305 --> 00:48:44,445
let's tie it back to the trucker
protests and the frozen bank accounts.

749
00:48:44,475 --> 00:48:48,345
And when people actually started
to receive bitcoins instead,

750
00:48:48,345 --> 00:48:50,235
and it was actually unstoppable.

751
00:48:50,775 --> 00:48:53,465
Like, how much of a
lessons learned was that?

752
00:48:53,475 --> 00:48:57,085
Like, how many people
did the penny drop for?

753
00:48:57,215 --> 00:49:02,035
Uh, is there like, yeah, so people
know that there are ways around

754
00:49:02,035 --> 00:49:03,725
that they don't have to obey?

755
00:49:04,180 --> 00:49:09,030
So I'm, uh, I've been focusing a lot
on the sort of like freedom community

756
00:49:09,220 --> 00:49:16,380
in Alberta here, where this 20 to 30
percent of Albertans, who've basically

757
00:49:16,400 --> 00:49:18,240
been like really woken up by the whole.

758
00:49:18,665 --> 00:49:23,175
Pandemic, the trucker protests, and
taken from a point of like mild distrust

759
00:49:23,185 --> 00:49:27,712
for the government to, realization that
this is an enemy organization that is

760
00:49:27,762 --> 00:49:29,652
actually trying to rob us and kill us.

761
00:49:30,397 --> 00:49:36,847
And that big shift in mindset has
created like a whole bunch of grassroots

762
00:49:36,847 --> 00:49:38,077
movements around the province.

763
00:49:38,680 --> 00:49:42,780
how our current premier that I mentioned
got in to office was because our previous

764
00:49:42,780 --> 00:49:48,650
premier from the same party, um, had very
specifically talked about no VaxPass.

765
00:49:49,730 --> 00:49:53,990
And then instituted a VaxPass, tried
to just call it something else,

766
00:49:54,110 --> 00:49:55,440
thought we would be fooled by that.

767
00:49:55,990 --> 00:49:59,090
And this grassroots movement
sprung up and like unseated him.

768
00:50:00,045 --> 00:50:04,115
And he lost his role as the leader of
the party, and now we have a new premier

769
00:50:04,115 --> 00:50:09,325
who came in very specifically with the
mandate of avoiding all of that bullshit.

770
00:50:10,175 --> 00:50:17,715
And I think that kind of synergy that we
see between like, you know, that freedom

771
00:50:17,715 --> 00:50:22,290
movement, These people have already,
like what they have in common is they've

772
00:50:22,290 --> 00:50:24,600
already identified the problem, right?

773
00:50:25,060 --> 00:50:27,070
They don't necessarily
know what the solution is.

774
00:50:27,180 --> 00:50:30,950
And so I've been, I've been actually
doing this like kind of fragmented

775
00:50:30,950 --> 00:50:34,530
weird speaking tour to like small
towns and like a bunch of these

776
00:50:34,530 --> 00:50:35,980
freedom events and stuff like that.

777
00:50:36,360 --> 00:50:41,860
And yeah, like the, the trucker
convoy woke them up to Bitcoin.

778
00:50:42,912 --> 00:50:43,102
Right?

779
00:50:43,112 --> 00:50:48,342
There's, there's a lot of, there's a lot
more people out there that are afraid

780
00:50:48,352 --> 00:50:52,182
of a central bank digital currency
than that are excited about Bitcoin.

781
00:50:52,932 --> 00:50:56,662
And so they've started to
see like, that money can be a

782
00:50:56,702 --> 00:50:58,142
tool of oppression like that.

783
00:50:58,462 --> 00:51:01,532
And the first detail of that is obviously
like meddling with transactions,

784
00:51:01,532 --> 00:51:06,212
getting into the censorship game,
starting to impose morals on spending.

785
00:51:07,482 --> 00:51:09,412
And that part I think they get.

786
00:51:09,432 --> 00:51:14,102
The next part is that, you know, obviously
the government is stealing your time.

787
00:51:14,867 --> 00:51:17,437
The government is stealing the value
that you create with your time by

788
00:51:17,437 --> 00:51:21,693
debasing the money and that's kind of
what I've been trying to talk to these

789
00:51:21,693 --> 00:51:26,753
people about, and I think a lot of these
people already get this, like, if you

790
00:51:26,753 --> 00:51:31,793
were to talk to, um, this is probably
true, like, most, most over the Western

791
00:51:31,793 --> 00:51:35,233
world, if you had gone, like, 5, 6
years ago and talked to somebody about

792
00:51:35,233 --> 00:51:40,883
inflation, they would be like, know what
it is, maybe, they've heard the word.

793
00:51:41,468 --> 00:51:45,958
But it was like this like nebulous thing
that the government talks to the media

794
00:51:45,958 --> 00:51:51,258
about every few years and you, you hear
inflation was at 3 percent and you're

795
00:51:51,258 --> 00:51:54,342
like, okay, like, that's good, I guess.

796
00:51:54,872 --> 00:51:59,302
Um, now we've gotten to this point
where, you know, we were told in Canada

797
00:51:59,302 --> 00:52:04,372
that inflation was at like 6 or 7%,
but you don't need to be a genius

798
00:52:04,402 --> 00:52:06,252
to tell that that's not true, right?

799
00:52:06,282 --> 00:52:09,492
Like if you've gone to the grocery
store, you can tell that your stake

800
00:52:09,492 --> 00:52:13,312
is triple what it was three years
ago, and that's not the same as 6%.

801
00:52:13,912 --> 00:52:18,957
So, I think inflation has had like a
real bite on people's lives recently in

802
00:52:18,957 --> 00:52:25,747
a way that it hasn't until this massive
expansion of spending and printing, uh,

803
00:52:25,777 --> 00:52:27,117
that they were able to do with COVID.

804
00:52:27,797 --> 00:52:32,077
And so now when you talk to somebody
about like them losing that value,

805
00:52:32,962 --> 00:52:34,602
Like there's tangible examples.

806
00:52:34,602 --> 00:52:39,462
Like there are, there, there are, there's
a huge class of people that are in the

807
00:52:39,462 --> 00:52:46,235
like 65 to 75 range right now that,
have a few hundred thousand dollars

808
00:52:46,245 --> 00:52:51,055
saved up for their retirement and they
thought that was going to be good.

809
00:52:51,595 --> 00:52:56,905
And then they're now realizing that's
like wildly inadequate with the spending

810
00:52:56,925 --> 00:52:58,425
power that that money gives them.

811
00:52:59,185 --> 00:53:01,735
And so people are staying
in the workforce longer.

812
00:53:02,545 --> 00:53:05,875
They're, they're, they're
taking bigger risks, which is.

813
00:53:06,660 --> 00:53:08,070
A crazy symptom that we see.

814
00:53:08,870 --> 00:53:13,730
So I'm, uh, I'm on the board of a company
called Bitcoin Well here in, uh, Alberta,

815
00:53:14,167 --> 00:53:18,867
another exchange that we buy and sell
Bitcoin, run a bunch of Bitcoin ATMs,

816
00:53:18,947 --> 00:53:26,117
and a big problem for this company lately
has been, um, like these, like tax and,

817
00:53:26,117 --> 00:53:29,197
uh, inheritance and investment scams.

818
00:53:30,010 --> 00:53:33,940
There's this massive phone banks
calling people saying you need to pay

819
00:53:33,940 --> 00:53:37,110
your taxes or we have an investment
opportunity or whatever it is.

820
00:53:37,585 --> 00:53:43,145
And we do a lot to try to keep people
from investing or like, not investing, but

821
00:53:43,145 --> 00:53:45,515
like giving their money to these scams.

822
00:53:46,215 --> 00:53:50,445
And a lot of the time once we actually
catch them and like notice, Hey, this

823
00:53:50,445 --> 00:53:53,145
is, this money is going to a scam
and we end up talking to the people.

824
00:53:53,715 --> 00:53:56,815
A big part of the motivation why people
are willing to take these kinds of

825
00:53:56,815 --> 00:53:59,835
crazy risks is because that they've
gotten to that point where they

826
00:53:59,835 --> 00:54:02,595
realize my retirement is inadequate.

827
00:54:02,815 --> 00:54:05,745
You know, if you've got,
you got 300, 000 left.

828
00:54:06,390 --> 00:54:10,250
And you suddenly realize I'm going to
need 2 million before I can retire.

829
00:54:10,830 --> 00:54:17,360
And my current lifestyle, the incentive
to try to catch something is huge.

830
00:54:18,010 --> 00:54:22,983
And so these pains have like, they've
gotten to way more people now.

831
00:54:23,393 --> 00:54:26,893
Like the number of people globally, and
especially in the Western world, who

832
00:54:26,893 --> 00:54:30,713
have actually felt the bite of money
printing now is like almost everyone.

833
00:54:31,273 --> 00:54:34,588
And it's funny because the people
who, you know, The people who work at

834
00:54:34,588 --> 00:54:38,998
Deloitte or, uh, the, the middle of
the bell curve, the, the mid brains.

835
00:54:39,438 --> 00:54:44,018
Um, those people tend to be a little bit
more isolated from this stuff because

836
00:54:44,408 --> 00:54:48,608
they have those jobs like Deloitte,
where it's like, for the most part, they

837
00:54:48,608 --> 00:54:50,728
don't really produce anything, right?

838
00:54:50,728 --> 00:54:55,793
They're, they're, they're, they're there
because they've created a structure.

839
00:54:56,163 --> 00:54:59,243
To feed off of the money printing spigot.

840
00:55:00,463 --> 00:55:02,893
Like how many lawyers and
accountants would the world need

841
00:55:02,893 --> 00:55:04,333
if not for the government existing?

842
00:55:05,493 --> 00:55:10,213
yeah, I mean, this is, this is so
true, and like, this is one of the,

843
00:55:11,063 --> 00:55:15,633
if I have a, uh, One of my latest
thoughts about Bitcoin and what it

844
00:55:15,943 --> 00:55:20,593
has pointed out to people, like if you
really boil it down, and we're going

845
00:55:20,593 --> 00:55:28,503
deep here, so, uh, Bitcoin has made
it so obvious that money was never

846
00:55:28,663 --> 00:55:32,793
anything but information, or at least
that it didn't need to be anything but

847
00:55:32,833 --> 00:55:36,343
information, uh, and what does that mean?

848
00:55:36,623 --> 00:55:40,263
Well, it means it's a part of
us, it's an extension of you.

849
00:55:41,003 --> 00:55:46,033
And, and your worth to other people,
how, how, uh, how useful you can

850
00:55:46,033 --> 00:55:50,583
be to other people, how valuable
other people find you, that, that

851
00:55:50,613 --> 00:55:52,203
is what your money expresses.

852
00:55:52,233 --> 00:55:57,023
And you can, through, through that price
system mechanism, you can, you can show

853
00:55:57,023 --> 00:55:59,573
the world what, what you appreciate.

854
00:56:01,048 --> 00:56:06,538
And it's only because the money is
malfunctioning and we live in systems that

855
00:56:06,548 --> 00:56:13,358
don't, uh, that don't, that hinder the
correct people from being rewarded fairly.

856
00:56:14,065 --> 00:56:20,045
that people, that assholes can get
rich, no asshole would be able to be

857
00:56:20,045 --> 00:56:25,695
rich in a world where money worked
because you couldn't scam people.

858
00:56:25,695 --> 00:56:31,155
You couldn't, you couldn't like being
an asshole wouldn't pay and being

859
00:56:31,165 --> 00:56:36,175
unproductive and being middle of the
bell curve and just shoveling money from

860
00:56:36,175 --> 00:56:38,575
one account to another wouldn't work.

861
00:56:38,626 --> 00:56:40,455
Uh, on a Bitcoin standard.

862
00:56:40,775 --> 00:56:44,815
It's only because the money is
malfunctioning that assholes are rich.

863
00:56:46,135 --> 00:56:47,035
So, yeah.

864
00:56:47,530 --> 00:56:50,220
So I've been, uh, like I mentioned,
I've been doing this little speaking

865
00:56:50,220 --> 00:56:56,624
tour, around Alberta and the tour has
mostly, I've had a few people on it

866
00:56:56,624 --> 00:56:59,594
with me cause it's been a few different
events, but for the most part we've had.

867
00:57:00,029 --> 00:57:02,459
Um, a gold guy and a banker.

868
00:57:03,549 --> 00:57:09,699
And it's interesting because somebody
in the crowd, I think, put this

869
00:57:10,159 --> 00:57:11,509
better than I would have been able to.

870
00:57:11,949 --> 00:57:14,579
And I think it's, it's, it's almost
like the short version of what you were

871
00:57:14,579 --> 00:57:18,199
saying there that I think resonates
really well with, with, with these

872
00:57:18,199 --> 00:57:21,599
crowds is that like, what money is
supposed to do is create options for you.

873
00:57:23,419 --> 00:57:27,139
You, you've performed your task
and now you have all these options.

874
00:57:27,719 --> 00:57:32,219
And the problem now is that money,
when you perform work and create

875
00:57:32,219 --> 00:57:35,079
value, it creates options for you.

876
00:57:35,689 --> 00:57:38,299
But it also creates a lot of
options for a lot of other

877
00:57:38,299 --> 00:57:39,979
people who didn't earn the value.

878
00:57:41,119 --> 00:57:43,819
And that creep is, is getting bigger.

879
00:57:43,879 --> 00:57:44,779
And we're to the point where like.

880
00:57:45,439 --> 00:57:48,539
You don't get the majority of the
value that you create with your time.

881
00:57:49,249 --> 00:57:52,929
You don't get the majority of the
options that the value you've provided

882
00:57:52,929 --> 00:57:54,399
is supposed to give back to you.

883
00:57:54,949 --> 00:57:59,059
And that really distorts society in a
really weird way because that's one of

884
00:57:59,059 --> 00:58:03,849
the most fundamental functions of money
is like, the harder you work, the more

885
00:58:03,849 --> 00:58:05,779
successful you're supposed to be, right?

886
00:58:05,789 --> 00:58:08,739
The more value you provide,
the better your life should be.

887
00:58:09,199 --> 00:58:13,179
The more value you should get back
and that disconnect has created this

888
00:58:13,179 --> 00:58:17,909
incentive where it's like the incentive
is not to create value at all, right?

889
00:58:17,949 --> 00:58:23,969
The incentive, if you want the safest way
in our current society here, anyway, and

890
00:58:23,969 --> 00:58:30,589
Luke, this is, I'm sure your path here is
if you want the safest way to, to receive

891
00:58:30,599 --> 00:58:35,309
the most value for yourself, regardless of
how much value you've created for others.

892
00:58:35,674 --> 00:58:40,104
The safest way is to go down this
very sort of like rubber stamped

893
00:58:40,104 --> 00:58:42,594
approved path where you're going
to go to a government approved.

894
00:58:43,164 --> 00:58:47,874
University, you're going to get one
of these designations that gives

895
00:58:47,874 --> 00:58:49,344
you some letters after your name.

896
00:58:49,504 --> 00:58:52,384
And then you're going to go work for
a company that does actually nothing

897
00:58:52,824 --> 00:58:58,214
except protect companies that do
do things the government a little.

898
00:58:59,184 --> 00:59:02,724
So it's like, it's like, Hey,
we're the, we're like, Deloitte is

899
00:59:02,724 --> 00:59:04,244
basically a lube company, right?

900
00:59:04,244 --> 00:59:08,004
It's like, let us, let us get in
between you and the government and

901
00:59:08,004 --> 00:59:09,144
make sure it doesn't hurt that bad.

902
00:59:09,349 --> 00:59:09,828
You

903
00:59:10,027 --> 00:59:11,407
Oh, that's so good.

904
00:59:12,967 --> 00:59:14,477
That's the intro right there, Luke.

905
00:59:15,622 --> 00:59:19,722
Yeah, and I'll send it to all my, uh, old
colleagues and I'll never, I'll never get

906
00:59:19,722 --> 00:59:21,402
a job there again, but I don't want one.

907
00:59:22,767 --> 00:59:23,257
know what?

908
00:59:23,317 --> 00:59:26,417
So like, we've got this, uh, we've got
the conference going on, and we're always,

909
00:59:27,397 --> 00:59:31,537
we're always looking for sponsors for
the conference, and we used to, so we

910
00:59:31,557 --> 00:59:36,765
did the Bitcoin Rodeo in 2018, and like
I was saying with this whole journey, I

911
00:59:36,765 --> 00:59:41,205
went down the path of like, blockchain
consulting right around that time, where

912
00:59:41,205 --> 00:59:44,915
it was like, and I was getting, I was
getting paid a lot from like, law firms

913
00:59:44,915 --> 00:59:50,145
and stuff to mostly tell companies they
shouldn't do this, but, um, I was involved

914
00:59:50,145 --> 00:59:53,595
in a, in a blockchain organization
here, and we put on some conferences.

915
00:59:54,400 --> 00:59:56,880
through this company and like
Deloitte was always one of the big

916
00:59:56,880 --> 00:59:59,890
sponsors of the blockchain group and
then when we went back to a bitcoin

917
00:59:59,890 --> 01:00:01,200
only event they're just like no.

918
01:00:01,628 --> 01:00:05,458
They, they sponsored Prague, actually, of,
of all things last year, and their booth,

919
01:00:05,488 --> 01:00:08,158
I think, was the emptiest the entire time.

920
01:00:08,288 --> 01:00:09,728
It was so completely out of place.

921
01:00:09,728 --> 01:00:12,898
And of course, it was all this crypto,
blockchain, all this sort of thing.

922
01:00:13,028 --> 01:00:16,638
And, and the thing is, I mean, there
are some, there are some great people.

923
01:00:16,813 --> 01:00:18,943
People working there,
the individuals, right?

924
01:00:19,033 --> 01:00:20,293
Many, right?

925
01:00:20,543 --> 01:00:25,313
And, and the thing is, it's, it's not,
it's not necessarily the individual's

926
01:00:25,313 --> 01:00:27,023
fault that all this is, is happening.

927
01:00:27,023 --> 01:00:30,923
And I, I do feel bad for the, the people
who kind of get into something like

928
01:00:30,923 --> 01:00:32,218
this and have no idea what's going on.

929
01:00:32,538 --> 01:00:33,478
Uh, what's happening?

930
01:00:33,478 --> 01:00:36,638
Deloitte gets into this stuff because
it's just the latest buzzword, right?

931
01:00:36,668 --> 01:00:39,408
AI is a big thing there
right now, I know that.

932
01:00:39,788 --> 01:00:43,858
Uh, for example, and it's just, it's
just chasing the, the next thing.

933
01:00:43,868 --> 01:00:47,338
And, and as you say, just
always wanting to have their

934
01:00:47,338 --> 01:00:49,108
hand in, in every little thing.

935
01:00:49,108 --> 01:00:51,908
It's not just Deloitte, of course,
there's all these, all these consulting

936
01:00:51,978 --> 01:00:54,398
companies, Big Four, uh, What have you.

937
01:00:54,418 --> 01:00:58,678
But yeah, I just, I just think it's funny
that it was funny to me specifically

938
01:00:58,678 --> 01:01:02,968
that, that, that Deloitte was there at BTC
Prague, this massive Bitcoin only event.

939
01:01:03,348 --> 01:01:06,708
And, uh, yeah, no one was giving
them any, any time or attention.

940
01:01:07,205 --> 01:01:11,785
Yeah it's interesting you can't you really
can't blame the people in those in those

941
01:01:11,785 --> 01:01:16,185
roles because like I said previously like
no one's better than their incentives and

942
01:01:16,185 --> 01:01:22,330
that that is like an actually good path to
getting a lot of value back to your life.

943
01:01:22,670 --> 01:01:25,890
It doesn't really matter that
you're not actually providing value.

944
01:01:25,890 --> 01:01:28,510
You're providing value to
the entire path, right?

945
01:01:28,510 --> 01:01:32,950
You're providing value to the school
system that charges you and that

946
01:01:32,960 --> 01:01:36,890
gets government grants and all this
stuff and indoctrinates people.

947
01:01:36,890 --> 01:01:40,040
And you're charging, you're
providing value to the consulting

948
01:01:40,040 --> 01:01:41,330
firm that you work for.

949
01:01:42,070 --> 01:01:47,230
That uses your work as a way to siphon
value out of real companies that

950
01:01:48,150 --> 01:01:52,050
either don't know that they don't need
Deloitte's help or that need Deloitte's

951
01:01:52,070 --> 01:01:55,600
help protecting them from getting
fucked quite as badly by the government.

952
01:01:56,420 --> 01:02:01,920
And that like, that's not an
irrational move to join that team.

953
01:02:02,590 --> 01:02:05,630
And, and it's not like, it's not
even really like a, an immoral thing.

954
01:02:05,630 --> 01:02:06,280
I don't think either.

955
01:02:06,310 --> 01:02:07,310
Cause if you're, you know what I mean?

956
01:02:07,310 --> 01:02:09,540
Like the lube is an important
part of the process.

957
01:02:09,540 --> 01:02:11,790
If it'd be much worse
if there was no lube.

958
01:02:12,290 --> 01:02:18,255
Well, well, it is immoral in the sense
that, you know, Not doing anything about

959
01:02:18,255 --> 01:02:25,575
the Nazis was immoral too, if you were
in Nazi Germany, like, not, not speaking

960
01:02:25,575 --> 01:02:29,765
up is, well, maybe not immoral, but
it's not the right thing to do either.

961
01:02:30,340 --> 01:02:30,640
Yeah.

962
01:02:30,650 --> 01:02:35,170
So it's, it's, uh, it's like a, like
a Schindler's list situation where the

963
01:02:35,170 --> 01:02:39,280
guy's hiding the Jews, but he's also got
like a free workforce from the Nazis.

964
01:02:39,730 --> 01:02:40,000
Right.

965
01:02:40,040 --> 01:02:43,470
And so it's, uh, like Deloitte does, and.

966
01:02:44,075 --> 01:02:49,885
Tax accountants, specifically consultants
of regulatory various kinds, do help

967
01:02:49,905 --> 01:02:54,405
protect people from the government,
for sure, and help interpret the

968
01:02:54,405 --> 01:02:56,885
ridiculous rules that the government
is going to have, and that's like a

969
01:02:56,885 --> 01:03:02,065
net positive, but they're still like,
they're only getting that value because

970
01:03:02,075 --> 01:03:06,605
the system is so absurd and so broken
and set up in such a serious way.

971
01:03:06,745 --> 01:03:11,728
And I think that's the biggest
detriment to the, the users of the

972
01:03:11,825 --> 01:03:13,875
Yeah, Deloitte even rhymes with exploit.

973
01:03:14,028 --> 01:03:14,795
in, um,

974
01:04:54,303 --> 01:05:02,608
Uh, well, I, I, uh Sneakily opened
BTC map here on my browser and

975
01:05:02,608 --> 01:05:08,208
I'm zooming in on Calgary and I
see 13 hits in actual Calgary.

976
01:05:09,028 --> 01:05:13,788
That's not super much, like how is
the actual Bitcoin adoption on the

977
01:05:13,788 --> 01:05:16,038
ground in the brick and mortar world?

978
01:05:19,922 --> 01:05:24,172
I want to say like 2014, 2015,
when we had this store, there was

979
01:05:24,172 --> 01:05:27,992
a Canadian exchange that was doing
some kind of merchant processing and

980
01:05:27,992 --> 01:05:31,782
they had a little app and we helped
them get a whole bunch of businesses

981
01:05:31,782 --> 01:05:34,102
in Calgary set up to take Bitcoin.

982
01:05:34,102 --> 01:05:36,732
And it was like wildly premature.

983
01:05:36,742 --> 01:05:38,762
Like I think we had like
60 on there at one point.

984
01:05:39,272 --> 01:05:44,582
And nobody but me spent any Bitcoin at
any of those places, except for the coffee

985
01:05:44,582 --> 01:05:46,592
shop that we had our office next to.

986
01:05:47,192 --> 01:05:50,712
And so, it was pretty premature.

987
01:05:51,032 --> 01:05:55,512
I think we're kind of getting to the
point where it's starting to be A little

988
01:05:55,522 --> 01:06:00,372
less premature, but it's still not like,
it's not that useful as a payment tool

989
01:06:00,382 --> 01:06:06,102
when you think about the tools that you
could use to spend your Bitcoin anywhere.

990
01:06:06,522 --> 01:06:11,542
So like I get paid in Bitcoin, I
live most of my life in Bitcoin.

991
01:06:11,612 --> 01:06:15,672
I obviously have to have some fiat
to, uh, to pay for things that

992
01:06:15,672 --> 01:06:18,742
need to be paid for in fiat, but
it's really easy for me to just.

993
01:06:19,207 --> 01:06:23,467
Cash in some Bitcoin through
BullBitcoin, send a small amount of

994
01:06:23,467 --> 01:06:28,487
money to a prepaid MasterCard, and then
just use that as a tap on my phone.

995
01:06:28,557 --> 01:06:30,337
So, that's functionally the same thing.

996
01:06:30,337 --> 01:06:34,807
It's spending Bitcoin, but
we're not putting the, we're not

997
01:06:34,807 --> 01:06:39,287
putting the, um, the onus for that
infrastructure on the merchant.

998
01:06:39,862 --> 01:06:41,462
We're putting it on the
spender in this case, right?

999
01:06:41,462 --> 01:06:46,632
And so, both of those things from like,
the standpoint of moving Bitcoin from

1000
01:06:46,752 --> 01:06:50,122
a store value to a medium of exchange,
I think are like, equally good.

1001
01:06:50,662 --> 01:06:53,732
Whether you're spending through like
a debit card that You can load with

1002
01:06:53,782 --> 01:06:57,452
Bitcoin or you're loading something else
with Bitcoin or buying a gift card from

1003
01:06:57,452 --> 01:06:58,702
like BitRefill or something like that.

1004
01:06:58,702 --> 01:07:04,112
They're all kind of the same
thing and I don't think it's that

1005
01:07:04,112 --> 01:07:10,412
important that, um, the next stage
of Bitcoin adoption be retail.

1006
01:07:11,022 --> 01:07:14,642
Um, where the retail comes in, I
think, is more from the community side.

1007
01:07:14,977 --> 01:07:19,817
So when, because it's, it's meaningless
to get a coffee shop, like this is

1008
01:07:19,817 --> 01:07:23,307
what we were doing back then too,
was that like these places could take

1009
01:07:23,327 --> 01:07:26,677
Bitcoin and it would auto convert
all of the, everything to fiat.

1010
01:07:27,137 --> 01:07:30,377
And it just became like a slightly
worse parallel version of their

1011
01:07:30,377 --> 01:07:31,717
existing payment infrastructure.

1012
01:07:32,617 --> 01:07:33,047
Yeah,

1013
01:07:33,072 --> 01:07:34,372
not really any point in that, right?

1014
01:07:34,372 --> 01:07:39,192
Whereas when you can get merchants,
which I think is one step away from

1015
01:07:39,192 --> 01:07:43,385
where we're at right now, starting to
want the Bitcoin and, you know, we're

1016
01:07:43,385 --> 01:07:47,655
seeing that in some places in the world
where there's, there is a big groundswell

1017
01:07:47,665 --> 01:07:51,910
of, of So if you're looking at actual
Bitcoiners running these businesses who

1018
01:07:51,910 --> 01:07:56,633
want the Bitcoin, I think that's where
it becomes more valuable as a whole.

1019
01:07:57,393 --> 01:08:00,413
And so we've got a little bit of
that going here, but it's not really

1020
01:08:00,413 --> 01:08:02,243
like the brick and mortar type stuff.

1021
01:08:02,243 --> 01:08:05,566
So we've got like one that's really cool,
that I would recommend everyone do is

1022
01:08:05,566 --> 01:08:10,311
if you're coming to Alberta, we've got
a hotel in Banff, which is a, uh, World

1023
01:08:10,311 --> 01:08:15,831
class, like, one of the most beautiful
places in the world, mountain town, um,

1024
01:08:15,871 --> 01:08:20,211
and there's a hotel there called the Banff
High Country Inn, where you actually get

1025
01:08:20,221 --> 01:08:21,871
20 percent off if you book in Bitcoin.

1026
01:08:22,831 --> 01:08:26,281
And that's because the owner of the hotel
is a Bitcoiner, he wants the Bitcoin.

1027
01:08:26,786 --> 01:08:30,346
And they can avoid paying whatever
they paid to Expedia, etc.

1028
01:08:31,385 --> 01:08:32,815
So, we've got a lot of
that stuff going on.

1029
01:08:32,835 --> 01:08:37,825
And then we've got the Saturday markets
that BTC Sessions and I have been putting

1030
01:08:37,825 --> 01:08:42,285
on, which is kind of like a flea market
slash farmer's market, where we get a

1031
01:08:42,285 --> 01:08:43,725
bunch of different vendors to come in.

1032
01:08:43,725 --> 01:08:47,255
And those have been really
cool, because we've been getting

1033
01:08:47,255 --> 01:08:49,195
like 30, 40 different vendors.

1034
01:08:49,750 --> 01:08:54,970
Out selling like everything from like
beef to bikes and we had a hypnotist and

1035
01:08:55,940 --> 01:08:58,730
plumbers and all kinds of people selling
services and goods and stuff like that.

1036
01:08:59,490 --> 01:09:03,600
And part of the owners from that
for that came from from Ben where

1037
01:09:03,600 --> 01:09:09,490
he was like trying to buy Bitcoin
or buy beef with Bitcoin and.

1038
01:09:09,845 --> 01:09:12,675
A bunch of us actually ended up tracking
down different ranchers who would take

1039
01:09:12,685 --> 01:09:16,135
Bitcoin, and we found tons of ranchers
who would take Bitcoin in Alberta, and

1040
01:09:16,135 --> 01:09:20,185
uh, we wanted to have this kind of like
circular economy going because of how

1041
01:09:20,185 --> 01:09:25,485
absurd everything's getting in Canada,
and like, the chances that um, like right

1042
01:09:25,485 --> 01:09:27,905
now Trudeau is very low in the polls.

1043
01:09:28,350 --> 01:09:32,760
Seems absolutely absurd that he could
win, but the chances that he just like

1044
01:09:33,120 --> 01:09:37,780
blatantly cheats and looks us in the
eye, and we have proof but no one ever

1045
01:09:37,780 --> 01:09:41,430
does anything about it, and he gets back
in for another term are not that low.

1046
01:09:41,760 --> 01:09:47,084
Like that could very well happen, and if
that were to happen, the chances that our

1047
01:09:47,124 --> 01:09:54,079
ability to buy red meat without either
sanction, limit, or taxation beyond The

1048
01:09:54,079 --> 01:09:58,429
current levels, um, the government very
well may try to cut down our ability to

1049
01:09:58,429 --> 01:10:03,839
buy red meat, and now we have a way to do
that without the government's permission.

1050
01:10:04,521 --> 01:10:05,351
that's wonderful.

1051
01:10:05,621 --> 01:10:09,681
And this is what I saw with at
least half of the places that

1052
01:10:09,711 --> 01:10:11,371
accepted Bitcoin in Madeira.

1053
01:10:11,371 --> 01:10:13,301
I don't know what your
experience was, Luke.

1054
01:10:13,301 --> 01:10:17,271
You weren't there as long as I was,
but, uh, uh, but, uh, some of the

1055
01:10:17,271 --> 01:10:22,371
places were run by real Bitcoiners and
actually, uh, people who wanted Bitcoin.

1056
01:10:22,836 --> 01:10:27,786
To keep the sats, uh, they didn't want the
fiat and, uh, that's, that's the only way.

1057
01:10:27,886 --> 01:10:30,006
I mean, that's the way it's got to go,

1058
01:10:31,076 --> 01:10:34,136
by the way, there's a, there's
another late brain fart here.

1059
01:10:34,216 --> 01:10:38,916
Uh, the, the, the term store of value,
uh, sort of, it's been rubbing me the

1060
01:10:38,916 --> 01:10:43,686
wrong way, uh, since the praxeology
book, because value is subjective, right?

1061
01:10:44,306 --> 01:10:48,256
So you could view it as a medium of
exchange through time rather than

1062
01:10:48,256 --> 01:10:49,956
a medium of exchange through space.

1063
01:10:50,376 --> 01:10:53,326
So they're really just two
aspects of the same thing.

1064
01:10:54,036 --> 01:10:58,066
And of course, through time has to come
before through space, because if there's

1065
01:10:58,066 --> 01:11:02,236
no medium of exchange through time, there
cannot be a medium of exchange over space.

1066
01:11:02,696 --> 01:11:05,186
But what you're really doing
when you're saving is that you're

1067
01:11:05,196 --> 01:11:09,666
trading with yourself, your future
self, and you're sending, you're

1068
01:11:09,696 --> 01:11:12,211
exchanging with Through time.

1069
01:11:16,191 --> 01:11:16,841
Any ideas?

1070
01:11:17,380 --> 01:11:18,830
Yeah, I mean, that makes perfect sense.

1071
01:11:19,060 --> 01:11:23,840
Um, I'm trying to go in the opposite
direction with the way that I'm trying

1072
01:11:23,840 --> 01:11:27,530
to describe Bitcoin for, in a lot
of ways, that, like, I, immediately

1073
01:11:27,530 --> 01:11:29,180
that makes perfect sense to me.

1074
01:11:30,040 --> 01:11:33,730
But what I mean is, like, I'm
trying to, like, remove layers.

1075
01:11:34,980 --> 01:11:35,320
Yeah.

1076
01:11:35,810 --> 01:11:39,240
because, and I, I love
those kind of discussions.

1077
01:11:39,670 --> 01:11:43,279
And like, money is just one thing, really.

1078
01:11:43,879 --> 01:11:46,379
And we're describing like all
the elements of money, and

1079
01:11:46,379 --> 01:11:47,589
that's very interesting to do.

1080
01:11:48,119 --> 01:11:50,929
But I've been kind of trying to
focus more on like, how can I like,

1081
01:11:51,349 --> 01:11:53,029
how can I simplify this for people?

1082
01:11:53,129 --> 01:11:56,899
How can I like, take
away the layers of stuff?

1083
01:11:57,839 --> 01:12:03,065
Interesting abstraction and like that,
that's where you know, we did a, we did

1084
01:12:03,065 --> 01:12:07,355
a, um, at the Bitcoin Rodeo last year, we
did a little, uh, contest that was like

1085
01:12:07,355 --> 01:12:12,675
the Bitcoin elevator pitch competition
where it's like, you got 45 seconds alone

1086
01:12:12,755 --> 01:12:16,795
with a stranger and you have to pitch
them Bitcoin, like, what do you say?

1087
01:12:17,735 --> 01:12:22,800
And, uh, That, I think, was really
interesting because, you know, we've spent

1088
01:12:22,830 --> 01:12:26,670
so much time in the Bitcoin industry,
we have such a great, like, I would

1089
01:12:26,670 --> 01:12:31,180
call them, like, the intelligentsia
of Bitcoin, the, the very many great

1090
01:12:31,180 --> 01:12:37,150
thinkers that do a lot of, um, great
writing and, uh, discussion about, about

1091
01:12:37,150 --> 01:12:41,225
the topic of money and the topic of,
you know, Um, of Bitcoin, how it relates

1092
01:12:41,225 --> 01:12:47,075
to the topic of money and all these ins
and outs, and like, I'm getting to the

1093
01:12:47,075 --> 01:12:51,595
point where like, you know, I, I feel
like I have a good enough understanding

1094
01:12:51,925 --> 01:12:58,985
of money and what Bitcoin is for myself
to be able to be like, yes, I, I get

1095
01:12:58,985 --> 01:13:03,885
this, I get it at least enough to make
my own choices for myself, for sure.

1096
01:13:04,645 --> 01:13:08,845
And now I'm hoping to get it enough
to explain it to the next person.

1097
01:13:09,555 --> 01:13:13,705
And I think there's actually like a
barrier there, to a certain extent,

1098
01:13:14,325 --> 01:13:21,215
where, like, if you end up, um, like these
people that I, I was speaking to over

1099
01:13:21,215 --> 01:13:25,024
the last couple of weeks at these Freedom
events, if I send those guys straight to

1100
01:13:25,024 --> 01:13:30,424
a video of like, Breedlove and Sailor,
like, down the, down the rabbit hole,

1101
01:13:30,424 --> 01:13:32,434
like, they're gonna glaze over, right?

1102
01:13:33,014 --> 01:13:38,614
And, I, I, for me, the most interesting
discussion is not necessarily like,

1103
01:13:38,814 --> 01:13:43,794
how can we find the next best way
to describe Bitcoin and come up

1104
01:13:43,794 --> 01:13:47,894
with a salient point that reaffirms
what we all already believe.

1105
01:13:48,774 --> 01:13:54,039
Um, for me, I'm more interested in like,
How do I describe this to a person who

1106
01:13:54,039 --> 01:13:59,119
doesn't really give a fuck and make it
interesting in a way that relates to their

1107
01:13:59,119 --> 01:14:04,019
life that they actually care about because
it is something that everyone should care

1108
01:14:04,019 --> 01:14:11,619
about and, you know, we're, we're kind of
like ringing the fire alarm at this point.

1109
01:14:12,297 --> 01:14:12,537
Right?

1110
01:14:12,537 --> 01:14:15,727
It's like you guys, like
the building is on fire.

1111
01:14:15,787 --> 01:14:17,737
Like, this is the exit.

1112
01:14:17,947 --> 01:14:22,307
Like, we recommend you join us
as we walk up the exit here.

1113
01:14:22,827 --> 01:14:30,397
And I really, like, I'm more interested
nowadays in, like, what is the

1114
01:14:30,407 --> 01:14:33,757
simplest way to describe Bitcoin?

1115
01:14:35,727 --> 01:14:36,327
What do you guys think?

1116
01:14:36,337 --> 01:14:37,177
What's the simplest?

1117
01:14:37,207 --> 01:14:38,667
Oh, this is an interesting one.

1118
01:14:38,982 --> 01:14:44,612
But isn't that what the intellectual
masturbatory circle jerk is all about?

1119
01:14:44,622 --> 01:14:49,252
To come up with an analogy that
fits each and every person.

1120
01:14:49,602 --> 01:14:54,782
Like, I think Greg Sage said a great
thing when there were all these analogies,

1121
01:14:54,782 --> 01:14:59,212
but Bitcoin Bitcoin is that, and he
just tweeted Bitcoin is a potato.

1122
01:14:59,722 --> 01:15:04,872
And, uh, like, without an explanation,
and, uh, I guess you can shoehorn

1123
01:15:04,872 --> 01:15:09,962
something into making it into a potato,
but, like, you know, underground

1124
01:15:09,962 --> 01:15:12,702
and growing and stuff, but, uh, um.

1125
01:15:13,545 --> 01:15:18,625
But still, at the end of the day,
I think why we do the intellectual,

1126
01:15:19,875 --> 01:15:26,585
the mental gymnastics is the correct
term, the mental exercise, it's to be

1127
01:15:26,585 --> 01:15:28,385
better at communicating with people.

1128
01:15:28,385 --> 01:15:32,305
And I think what's more important
than communicating Bitcoin

1129
01:15:32,315 --> 01:15:33,755
is communicating the problem.

1130
01:15:35,075 --> 01:15:39,795
Especially inflation, because I think
most people think that inflation is a

1131
01:15:39,795 --> 01:15:46,025
natural phenomenon, and they don't know
that it's created by some asshole, like,

1132
01:15:47,095 --> 01:15:51,315
uh, and so they have no clue, like, uh.

1133
01:15:51,605 --> 01:15:52,885
It's not natural at all.

1134
01:15:52,925 --> 01:15:56,775
In a natural, like, so asking
the simple questions, like,

1135
01:15:56,955 --> 01:16:01,115
if you practice something, do
you get better at it or worse?

1136
01:16:01,575 --> 01:16:04,315
And yeah, of course you get better.

1137
01:16:04,365 --> 01:16:06,675
So why are prices increasing?

1138
01:16:07,528 --> 01:16:10,348
Like, it's that simple.

1139
01:16:11,078 --> 01:16:14,258
Like, why do people in the
public sector pay taxes?

1140
01:16:15,558 --> 01:16:15,968
Why?

1141
01:16:16,258 --> 01:16:18,688
Like, the really simple questions.

1142
01:16:18,958 --> 01:16:20,768
And like, come up with a good answer.

1143
01:16:20,768 --> 01:16:26,998
Please answer me, why people in the public
sector pay taxes, and why prices go up.

1144
01:16:28,018 --> 01:16:29,868
Yes, I'm listening.

1145
01:16:29,948 --> 01:16:30,838
I'm all ears.

1146
01:16:30,898 --> 01:16:32,238
Like, that's the thing.

1147
01:16:32,833 --> 01:16:37,233
yeah, I think, I think you're right with
the, like, questions are super useful.

1148
01:16:37,722 --> 01:16:42,552
And like I was saying, these sort of
freedom groups are kind of people who have

1149
01:16:42,552 --> 01:16:46,492
mostly identified the problem, but they
don't really, like, they've identified

1150
01:16:46,492 --> 01:16:49,942
the problem is that they don't trust
the government and that they know the

1151
01:16:49,942 --> 01:16:51,682
government is doing bad stuff to them.

1152
01:16:52,512 --> 01:16:55,772
They don't necessarily know all
of what the government is doing

1153
01:16:55,782 --> 01:16:57,022
and how that's affecting them.

1154
01:16:57,532 --> 01:16:59,862
And I think those kind of
questions are pretty important.

1155
01:17:00,502 --> 01:17:03,982
And the simple ones like that really
resonate, I've found too, where it's

1156
01:17:03,982 --> 01:17:06,102
just like, do you trust the government?

1157
01:17:07,792 --> 01:17:10,112
Almost everyone in the world
is going to say no to that.

1158
01:17:11,202 --> 01:17:14,952
And like, like a large majority
of people worldwide will say,

1159
01:17:14,952 --> 01:17:16,102
no, I don't trust the government.

1160
01:17:16,782 --> 01:17:20,967
And then it's like, okay,
well, do you think they're

1161
01:17:20,967 --> 01:17:22,042
going to keep printing money?

1162
01:17:24,020 --> 01:17:26,550
Of course, like, yeah, everyone's
going to say yes, they're

1163
01:17:26,550 --> 01:17:27,640
going to keep printing money.

1164
01:17:28,790 --> 01:17:31,080
And, and then it's like, where
does the money come from?

1165
01:17:31,835 --> 01:17:35,945
and why do we even pay taxes
if they can print money?

1166
01:17:36,345 --> 01:17:38,085
Like, that's another basic question.

1167
01:17:38,315 --> 01:17:39,055
Why both?

1168
01:17:39,765 --> 01:17:41,335
Why not one or the other?

1169
01:17:42,190 --> 01:17:42,570
Yeah.

1170
01:17:43,120 --> 01:17:47,630
And it, it's really just this, um,
like, I, I don't know where this came

1171
01:17:47,630 --> 01:17:52,500
up recently, but I, I saw a little
clip of that famous JFK quote of

1172
01:17:52,500 --> 01:17:55,850
like, ask not what you can do for
your, your country can do for you,

1173
01:17:55,910 --> 01:17:58,500
but what you can do for your country.

1174
01:17:58,500 --> 01:18:05,440
And like, it's crazy that that's like
positioned as this very inspiring thing.

1175
01:18:05,450 --> 01:18:07,170
Cause it's just like,
nobody was like, why?

1176
01:18:08,195 --> 01:18:11,213
Like, why would I, like,
why would I put my, yeah,

1177
01:18:12,395 --> 01:18:12,745
Like,

1178
01:18:13,795 --> 01:18:16,685
why, why, why would I, why
would I put you above me?

1179
01:18:17,640 --> 01:18:21,200
Like, it's, it's, it's one of these
things, this is an interesting phenomena

1180
01:18:21,200 --> 01:18:26,000
that I've noticed actually in the, in
the very polarized world that we're in,

1181
01:18:26,710 --> 01:18:30,620
and you know, I've got a lot of family
who are, um, very left leaning, and we

1182
01:18:30,620 --> 01:18:38,820
have very differing opinions on, um, on
COVID, and every, every element of the

1183
01:18:38,820 --> 01:18:44,755
cultural attack that's going on right now,
um, You know, I had to, I had to tell my

1184
01:18:44,755 --> 01:18:53,575
parents, like, do not take my son to a
drag queen story hour, like, literally,

1185
01:18:54,005 --> 01:18:56,755
like, and then we got into a discussion.

1186
01:18:56,755 --> 01:18:57,455
I was like, you know what?

1187
01:18:57,475 --> 01:19:00,265
Just, I don't care about the
sexual orientation of the

1188
01:19:00,265 --> 01:19:01,895
person or what they're doing.

1189
01:19:01,895 --> 01:19:05,625
Just like, please don't take my 8 year
old son to the strippers for any reason.

1190
01:19:06,510 --> 01:19:08,330
Like, I don't, I don't care.

1191
01:19:08,430 --> 01:19:08,690
Yeah.

1192
01:19:08,690 --> 01:19:10,630
I don't care who it is
or what their message is.

1193
01:19:11,240 --> 01:19:15,410
And so we're, we're very, we're
very divided in terms of like

1194
01:19:16,720 --> 01:19:20,830
the value proposition of where
our opinions are coming from.

1195
01:19:21,160 --> 01:19:21,470
Right.

1196
01:19:22,030 --> 01:19:27,210
And when COVID was like very obviously
starting to get to a point where it

1197
01:19:27,230 --> 01:19:32,090
was like, there, there are mountains
of data that point to the fact that

1198
01:19:32,100 --> 01:19:36,360
this is not only a lie, but like an
insidious conspiracy that is somewhere

1199
01:19:36,360 --> 01:19:41,050
between Um, you know, on the, on the
good side, maybe it was designed to rob

1200
01:19:41,050 --> 01:19:43,720
us at an absolutely unprecedented scale.

1201
01:19:44,130 --> 01:19:46,500
And on the bad side, maybe it
was designed to rob us on an

1202
01:19:46,500 --> 01:19:48,440
unprecedented scale and kill us.

1203
01:19:49,010 --> 01:19:53,100
So it's, it's a very bad story.

1204
01:19:53,100 --> 01:19:56,940
And I, I started to gather like mass,
mass amounts of evidence for this.

1205
01:19:57,470 --> 01:19:59,070
Because there are mass
amounts of evidence.

1206
01:19:59,130 --> 01:20:01,510
And I wanted to be like, you know
what, these are people that I respect.

1207
01:20:02,170 --> 01:20:04,540
I want to have an intellectually
honest conversation with them,

1208
01:20:04,550 --> 01:20:06,060
with facts that I've brought along.

1209
01:20:06,070 --> 01:20:08,820
I want to be prepared to address
whatever they're talking about.

1210
01:20:08,820 --> 01:20:13,382
And it never worked because, you
know, these people would say,

1211
01:20:13,382 --> 01:20:14,282
well, your sources are not good.

1212
01:20:15,942 --> 01:20:18,282
And, and I would say the same thing.

1213
01:20:18,292 --> 01:20:21,932
I'd be like, well, the Canadian
Broadcasting Corporation, the literal

1214
01:20:21,992 --> 01:20:26,572
government funded propaganda arm of the
federal government is not a good source.

1215
01:20:27,592 --> 01:20:27,612
Um.

1216
01:20:29,162 --> 01:20:33,822
Those two kind, those two things are
kind of unreconcilable because you, you

1217
01:20:33,822 --> 01:20:37,512
have to like debunk every piece of their
entire worldview to get to that point.

1218
01:20:38,272 --> 01:20:43,212
And so I started to try to shift those
kind of conversations away from like,

1219
01:20:43,822 --> 01:20:49,372
let's talk about the facts and what, what
those facts logically support to like,

1220
01:20:50,402 --> 01:20:51,872
let's look at everyone's incentives.

1221
01:20:52,672 --> 01:20:52,922
Right?

1222
01:20:52,952 --> 01:20:56,312
And when, when a guy comes to your
door and he's trying to sell you

1223
01:20:56,312 --> 01:20:59,732
volcano insurance, and he's like,
I promise there's a volcano nearby,

1224
01:21:00,592 --> 01:21:05,242
like, that's not who you should
check with about volcanoes, right?

1225
01:21:05,252 --> 01:21:08,672
The guy who's trying to sell you
the solution for the problem that

1226
01:21:08,672 --> 01:21:14,492
he is sure exists has that perverse
incentive where even if he's right,

1227
01:21:14,522 --> 01:21:16,362
you can't necessarily trust him because

1228
01:21:19,027 --> 01:21:21,197
It's in his best interest to lie to you.

1229
01:21:22,157 --> 01:21:25,107
And when you start to look at all
these topics from that context of

1230
01:21:25,107 --> 01:21:29,397
like, okay, which of the people that
are telling me opposing things will

1231
01:21:29,407 --> 01:21:34,369
benefit if I believe them and the guy,
the guy selling volcano insurance.

1232
01:21:34,884 --> 01:21:36,184
Benefits vary directly.

1233
01:21:37,401 --> 01:21:39,801
Yeah, better buy volcano bonds instead.

1234
01:21:41,131 --> 01:21:46,571
Anyway, I'd just like to flip that
JFK quote, because I think it's true,

1235
01:21:46,581 --> 01:21:50,851
like with everything else in Bitcoin,
it's all of a sudden makes sense if

1236
01:21:50,861 --> 01:21:52,511
you put it through a Bitcoin lens.

1237
01:21:52,701 --> 01:21:56,871
So, ask not what your Bitcoin can do for
you, but what you can do for Bitcoin.

1238
01:21:57,141 --> 01:21:57,451
Like,

1239
01:21:58,016 --> 01:22:02,766
Well, the nice thing about that is
that Bitcoin is one of the first

1240
01:22:02,776 --> 01:22:06,896
systems in the world where it
naturally aligns everyone's incentives.

1241
01:22:06,906 --> 01:22:11,506
So, we need to, we need to
trust each other to be selfish.

1242
01:22:11,976 --> 01:22:14,366
And that's something that you can
actually trust other people to do.

1243
01:22:15,263 --> 01:22:17,183
well, I wouldn't say it's selfish.

1244
01:22:17,943 --> 01:22:24,273
I would say, trust people to, to,
uh, act in their own interest, like,

1245
01:22:26,648 --> 01:22:30,588
Selfishness is, uh, is, is
portrayed as a negative.

1246
01:22:30,918 --> 01:22:31,168
Right.

1247
01:22:31,168 --> 01:22:36,428
But then at the same time, you've got
the like, put on your own oxygen mask

1248
01:22:36,428 --> 01:22:38,118
before you help anyone else type thing.

1249
01:22:38,118 --> 01:22:38,298
Right.

1250
01:22:38,298 --> 01:22:43,998
And I think that that's, that is
a, um, a phenomenon that is wildly

1251
01:22:44,398 --> 01:22:49,123
underappreciated in our, in our society
that has, you know, You know, right?

1252
01:22:49,193 --> 01:22:52,543
Like when you think about us, not what
you can do for your, like what your

1253
01:22:52,543 --> 01:22:56,453
country can do for you, what you can do
for your country, like that's communism.

1254
01:22:56,753 --> 01:23:01,823
That's just, that's just straight
up communism from the single pillar

1255
01:23:01,853 --> 01:23:07,183
of, of hope from the fight against
communism in the world at the time.

1256
01:23:07,193 --> 01:23:11,463
He's just, he's literally standing up
there as the leader of the free world.

1257
01:23:11,978 --> 01:23:15,468
During the cold war and exposing
communism and no one called him on it.

1258
01:23:15,498 --> 01:23:19,318
So this idea that like selfishness is bad
and that we should have the greater good

1259
01:23:19,318 --> 01:23:26,788
in mind has been pressured into us really
over the last, like that whole time.

1260
01:23:26,788 --> 01:23:31,274
You know, we're going back 70 years,
80 years to the point where, they

1261
01:23:31,274 --> 01:23:35,524
started to really demonize and
vilify the idea of individualism.

1262
01:23:36,214 --> 01:23:41,334
And the problem with that is that
it ignores the fact that the most.

1263
01:23:42,224 --> 01:23:47,724
Effective way to maximize the greater
good, so to speak, is to generate as much

1264
01:23:47,724 --> 01:23:54,344
wealth as possible, and the best way to
do that is to align everyone's incentives,

1265
01:23:54,654 --> 01:23:59,654
have everyone working for their own
interests, and surprise, surprise, that's

1266
01:23:59,654 --> 01:24:02,964
when everyone will do the best work, is
when their incentives are aligned, and,

1267
01:24:03,534 --> 01:24:08,124
you know, the, the, um, this is a point
from the sovereign individual where, you

1268
01:24:08,124 --> 01:24:13,829
know, the reason that the West In our,
in our, um, approximation of capitalism,

1269
01:24:15,359 --> 01:24:19,189
won the cold war, so to speak, was
because the governments of the West

1270
01:24:19,229 --> 01:24:24,529
allow the entrepreneurs, the business
owners, the value and job creators

1271
01:24:24,529 --> 01:24:31,474
of the world to have ownership of the
capital to grow it before they steal it.

1272
01:24:32,894 --> 01:24:37,944
Whereas, whereas the, the communists, the
straight up, like the Marxist Leninist

1273
01:24:38,244 --> 01:24:43,524
socialist version of communism, um,
they take the assets and the capital

1274
01:24:43,524 --> 01:24:49,144
in an upfront, and because they, as
individuals, do not have the incentive

1275
01:24:49,144 --> 01:24:53,824
to grow that capital, it doesn't grow,
and so there's actually less value to

1276
01:24:53,834 --> 01:25:03,134
be spent by the communists in the, uh,
other side of the, the Iron Curtain.

1277
01:25:03,694 --> 01:25:06,434
Then there was To Be Spent
by the Communists on our

1278
01:25:06,434 --> 01:25:07,224
side of the Iron Curtain.

1279
01:25:07,654 --> 01:25:11,024
yeah, this is, this is so interesting,
I wish we could go on longer, because

1280
01:25:11,024 --> 01:25:14,084
we're, we're, we need to wrap up here
soon, but, but what you're seeing right

1281
01:25:14,084 --> 01:25:18,234
now, it echoes Ludwig von Mises, even
before he wrote, uh, Human Action, he

1282
01:25:18,234 --> 01:25:22,344
wrote, uh, a book called Socialism,
where he pointed out that it was not an

1283
01:25:22,344 --> 01:25:26,879
incentive problem, Because in the Soviet
Union, everyone had an incentive to work.

1284
01:25:26,909 --> 01:25:28,689
They had a gun to their head, literally.

1285
01:25:28,699 --> 01:25:30,749
They had the best incentive
in the world to work.

1286
01:25:31,059 --> 01:25:32,449
It was the pricing system.

1287
01:25:32,899 --> 01:25:36,729
Like, because if you don't let people
keep their money and do what they wish

1288
01:25:36,749 --> 01:25:40,749
with it, you have no way of knowing
who needs what and when and where.

1289
01:25:41,004 --> 01:25:46,884
Because, so when the factory
workers in Soviet were instructed

1290
01:25:46,954 --> 01:25:53,224
to construct a ton of screws, they
constructed a one ton screw, like,

1291
01:25:53,464 --> 01:25:55,724
because they did the simplest thing.

1292
01:25:55,734 --> 01:25:58,064
Like you say, it's the incentives.

1293
01:26:00,754 --> 01:26:01,114
Yeah.

1294
01:26:01,994 --> 01:26:05,994
Luke, will you finish this off, please?

1295
01:26:06,249 --> 01:26:07,089
Absolutely.

1296
01:26:07,499 --> 01:26:09,559
Dave, this has been a
fantastic conversation.

1297
01:26:09,559 --> 01:26:13,049
And yeah, as Knut was saying, we're
risking running out of our time slot.

1298
01:26:13,069 --> 01:26:18,309
So you've mentioned this a couple of times
now in passing about the Bitcoin rodeo.

1299
01:26:18,309 --> 01:26:21,739
So can you tell us all about
what that is and what's going

1300
01:26:21,739 --> 01:26:23,059
on in this year's edition?

1301
01:26:23,446 --> 01:26:26,786
Yeah, so, uh, the Bitcoin Rodeo
is a Bitcoin only conference that

1302
01:26:26,786 --> 01:26:28,276
we run in Calgary, Alberta here.

1303
01:26:28,326 --> 01:26:31,966
Um, we're running it this
year on July 2nd and 3rd.

1304
01:26:32,246 --> 01:26:35,636
It's at a place called the Grand
Theatre, which is an awesome old theatre.

1305
01:26:36,110 --> 01:26:36,600
we've got J.

1306
01:26:36,600 --> 01:26:36,790
P.

1307
01:26:36,790 --> 01:26:38,140
Sears headlining this year.

1308
01:26:38,310 --> 01:26:39,360
Um, J.

1309
01:26:39,360 --> 01:26:39,530
P.

1310
01:26:39,530 --> 01:26:42,890
Sears is probably, you guys are nodding,
but he's probably like, I don't know.

1311
01:26:43,250 --> 01:26:49,230
The most well known guy who no one
knows his name, you know, because

1312
01:26:49,750 --> 01:26:52,060
like, I've been talking about
this for a couple of months now.

1313
01:26:52,830 --> 01:26:57,100
And if you say that, that
comedian with the long red hair

1314
01:26:57,100 --> 01:26:59,960
who makes fun of the government,
they're like, oh, yeah, that guy.

1315
01:27:00,380 --> 01:27:04,170
So JP Sears is coming to headline.

1316
01:27:04,200 --> 01:27:07,040
We've got an amazing lineup of speakers
that you can see on BitcoinRodeo.

1317
01:27:07,750 --> 01:27:08,130
com.

1318
01:27:08,460 --> 01:27:10,930
Another one of the highlights
is we're doing a roast.

1319
01:27:11,490 --> 01:27:16,880
Uh, just like Comedy Roast like we just
saw with Tom Brady of, uh, BTC Sessions.

1320
01:27:17,615 --> 01:27:18,545
That should be amazing.

1321
01:27:19,275 --> 01:27:25,075
And, uh, yeah, we've got a pretty big
focus on, um, like how Bitcoin is useful

1322
01:27:25,215 --> 01:27:29,505
and valuable and important to the real
world and to normal people rather than,

1323
01:27:29,875 --> 01:27:32,915
you know, we're trying to stay a little
bit away from the macroeconomic topics

1324
01:27:32,995 --> 01:27:36,455
as well as the technical topics, and
we're trying to bring in a lot of that,

1325
01:27:36,575 --> 01:27:43,125
um, like freedom crowd, so there's going
to be a lot of, a lot of stuff that Um,

1326
01:27:43,705 --> 01:27:45,165
we hope reaches out to those people.

1327
01:27:45,425 --> 01:27:50,255
We're not doing like Bitcoin one on one
type stuff, which, you know, the, the

1328
01:27:50,265 --> 01:27:55,555
goal is to be like, I want this to be
entertaining and useful to Bitcoiners

1329
01:27:55,555 --> 01:27:57,075
who show up as well as new people.

1330
01:27:57,795 --> 01:27:59,505
Cause that's one thing that
I find I go to conferences.

1331
01:27:59,505 --> 01:28:00,685
I never watch the talks.

1332
01:28:00,705 --> 01:28:04,635
Cause it's just like, I've seen
this, like, this is the, I already

1333
01:28:04,635 --> 01:28:07,585
saw this exact conversation between
these exact people on Twitter.

1334
01:28:08,685 --> 01:28:11,725
And, uh, so we're trying to,
we're trying to take it a little

1335
01:28:11,735 --> 01:28:13,175
bit outside the box in terms of.

1336
01:28:13,715 --> 01:28:19,825
Like, what Bitcoin will actually mean
to people and those, those questions

1337
01:28:19,825 --> 01:28:24,445
of what it will mean to people are
in large part the same for Bitcoiners

1338
01:28:24,485 --> 01:28:27,045
and non Bitcoiners, you know, we're
talking about all these incentive

1339
01:28:27,045 --> 01:28:32,315
systems and the hope is that fix
the money, fix the world, right?

1340
01:28:32,475 --> 01:28:34,435
Bitcoin fixes all the incentive systems.

1341
01:28:35,105 --> 01:28:37,305
And so we want to kind of try
to start getting into like,

1342
01:28:37,655 --> 01:28:38,825
some of what those are like.

1343
01:28:38,825 --> 01:28:43,725
So like, you know, one, one panel that
I'm really excited for, um, like I

1344
01:28:43,725 --> 01:28:47,435
mentioned, my good friend Madax and
Francis Pulea from, uh, my co founder from

1345
01:28:47,435 --> 01:28:53,035
BullBitcoin, uh, will be speaking on a
panel moderated by Flo Montoya, another

1346
01:28:53,045 --> 01:28:59,985
amazing artist, um, about pretty much how
fiat is ruining our culture, how fiat's

1347
01:29:00,115 --> 01:29:01,795
sapping the value out of our culture.

1348
01:29:01,805 --> 01:29:04,495
And, you know, you can see.

1349
01:29:05,110 --> 01:29:12,190
The proof of work in modern art versus
classical art or, or, or, or madex

1350
01:29:12,210 --> 01:29:14,850
art, you know, there's a difference
in that kind of proof of work.

1351
01:29:15,448 --> 01:29:17,628
And so those are the kind of
topics we're going to be talking

1352
01:29:17,628 --> 01:29:22,188
about is like, what, what is, what
does this actually mean to us?

1353
01:29:22,748 --> 01:29:24,668
Basically, so we've got that going.

1354
01:29:24,668 --> 01:29:28,358
We've got the, the, uh, next
episode of the Saturday market

1355
01:29:28,358 --> 01:29:31,968
on July 1st as well, just kind
of the day before the conference.

1356
01:29:31,968 --> 01:29:34,858
And yeah, it's going to be an
awesome, uh, Uh, awesome event.

1357
01:29:35,499 --> 01:29:39,429
we can use the promo
code, Freedom Footprint,

1358
01:29:40,849 --> 01:29:42,129
Sounds fantastic.

1359
01:29:42,169 --> 01:29:42,719
Yes.

1360
01:29:42,789 --> 01:29:45,259
that I'll, that I'm gonna
make, like, at any moment now.

1361
01:29:45,689 --> 01:29:46,579
And, uh,

1362
01:29:47,069 --> 01:29:48,259
Could we have code freedom?

1363
01:29:51,209 --> 01:29:51,999
Or is that taken?

1364
01:29:52,389 --> 01:29:53,889
you can have code freedom, yes.

1365
01:29:54,189 --> 01:29:55,659
We try to push that everywhere.

1366
01:29:55,699 --> 01:29:57,939
So like code freedom for the win.

1367
01:29:59,209 --> 01:30:01,409
I'll be sending this to
a bunch of Calgarians.

1368
01:30:01,409 --> 01:30:02,219
I promise you.

1369
01:30:02,559 --> 01:30:02,879
Yeah.

1370
01:30:03,531 --> 01:30:04,341
You heard it.

1371
01:30:04,501 --> 01:30:07,161
Code freedom for 10 percent
off or something for some

1372
01:30:07,161 --> 01:30:08,831
percent off for, for something.

1373
01:30:10,171 --> 01:30:11,401
Some kind of something.

1374
01:30:13,041 --> 01:30:15,291
Dave, I absolutely love this conversation.

1375
01:30:15,471 --> 01:30:18,311
Uh, would love to have you back
at some point in the future.

1376
01:30:18,341 --> 01:30:23,161
And I hope to see you in, um, in,
uh, away from keyboard sometime.

1377
01:30:23,661 --> 01:30:24,151
Uh,

1378
01:30:24,301 --> 01:30:24,821
Oh, great.

1379
01:30:25,301 --> 01:30:26,201
Yeah, I'll be in Prague.

1380
01:30:26,621 --> 01:30:30,991
Yeah, uh, and, uh, yeah, so we'll
see you soon, and, uh, uh, we're,

1381
01:30:31,011 --> 01:30:34,951
we might be going to, um, to
Canada next summer, right, Luke?

1382
01:30:35,271 --> 01:30:39,621
Yeah, I just had my, uh, my first
kid over here and so I'm a little

1383
01:30:39,631 --> 01:30:44,041
stuck on this side of the planet
for this next little while here.

1384
01:30:44,391 --> 01:30:47,871
And next year we're going to bring
him to meet all the family in Canada.

1385
01:30:47,951 --> 01:30:49,021
So, uh, yeah.

1386
01:30:49,301 --> 01:30:53,091
Hopefully Bitcoin Rodeo is
having an edition next year

1387
01:30:53,091 --> 01:30:54,551
and we'd love to stop by.

1388
01:30:55,016 --> 01:30:56,096
Yeah, we'll be doing it next year.

1389
01:30:56,296 --> 01:30:59,096
It's, it's always, so this is the
other detail about the Bitcoin Rodeo

1390
01:30:59,096 --> 01:31:02,996
for anyone coming from out of town
is we do it right before a big event

1391
01:31:02,996 --> 01:31:06,916
called the Calgary Stampede, which
is like, it's, it's the greatest

1392
01:31:06,916 --> 01:31:08,146
outdoor show on earth, they call it.

1393
01:31:08,156 --> 01:31:10,726
And it's this absolutely massive event.

1394
01:31:10,946 --> 01:31:13,347
It's around 2 million people, every year.

1395
01:31:13,357 --> 01:31:16,727
And it's pretty much the whole
city turns into like drunken

1396
01:31:16,747 --> 01:31:18,317
cowboys for like 10 days.

1397
01:31:19,077 --> 01:31:21,487
And we have this massive, um,

1398
01:31:22,302 --> 01:31:22,862
Orgy?

1399
01:31:22,927 --> 01:31:23,037
it.

1400
01:31:23,517 --> 01:31:29,177
Well, there's some of that goes
on, but uh, but uh, you know,

1401
01:31:29,337 --> 01:31:32,697
the whole city does turn into
like slutty cowgirls and cowboys.

1402
01:31:33,242 --> 01:31:37,722
But, uh, yeah, we've got one of the
world's largest rodeos going on during

1403
01:31:37,722 --> 01:31:42,922
that time, and chuckwagons, and like
this giant midway event, and crazy

1404
01:31:44,192 --> 01:31:48,192
fiat food, and it's, it's a, it's
an awesome time to come to Calgary.

1405
01:31:48,262 --> 01:31:51,922
It's, the whole city is a huge party,
and we plan the Bitcoin rodeo to

1406
01:31:51,932 --> 01:31:53,352
be right before that every year.

1407
01:31:53,642 --> 01:31:58,837
So, it'll be around the same time next
year, it'll be like, early july at some

1408
01:31:58,837 --> 01:32:04,007
point probably like july uh first and
second or something like that next year

1409
01:32:04,552 --> 01:32:07,552
Use code FREEDOM for 10
percent off your tube of lube.

1410
01:32:08,145 --> 01:32:13,875
code code freedom oh and you know you know
what i don't know if this is like stepping

1411
01:32:13,875 --> 01:32:19,205
on your guys toes but use code bitcoin
brains for 10 off of tickets to btc proc

1412
01:32:19,583 --> 01:32:22,823
Yeah, if you haven't already
used the code FREEDOM, yeah.

1413
01:32:23,168 --> 01:32:23,358
yeah

1414
01:32:26,453 --> 01:32:28,563
Alright, fantastic, man.

1415
01:32:28,883 --> 01:32:31,963
See you soon, and looking forward
to grabbing a beer or two in Prague.

1416
01:32:32,608 --> 01:32:33,088
sounds good

1417
01:32:34,113 --> 01:32:37,943
Anything else you'd like to mention or any
way you'd like to direct our listeners to?

1418
01:32:38,701 --> 01:32:42,341
yeah i mean we've got uh we've got
the bitcoin rodeo at the bitcoin

1419
01:32:42,351 --> 01:32:47,036
rodeo on twitter i'm bitcoin
brains you Uh, Bitcoin rodeo.com

1420
01:32:47,036 --> 01:32:48,656
is the website for Bitcoin rodeo.

1421
01:32:49,046 --> 01:32:52,316
Um, my personal brand website
is bitcoin brains.com.

1422
01:32:52,346 --> 01:32:53,426
That's very important.

1423
01:32:53,516 --> 01:32:55,286
Lots of important reading on there.

1424
01:32:55,766 --> 01:32:57,946
Um, bull Bitcoin.

1425
01:32:59,286 --> 01:33:03,396
Anyone in, uh, in Canada should
visit Bull Bitcoin or Bitcoin?

1426
01:33:03,396 --> 01:33:07,336
Well, anyone in the United States
should visit Bitcoin well to buy,

1427
01:33:07,426 --> 01:33:11,656
to buy Bitcoin and Costa Rica
should visit Bitcoin and, uh.

1428
01:33:12,476 --> 01:33:17,106
Yeah, wherever you are, like, stick to
non custodial Bitcoin only exchanges.

1429
01:33:19,006 --> 01:33:21,036
I think that's everything
I have left to shill.

1430
01:33:21,656 --> 01:33:26,106
And buy art from my good friend
Midex, Spacebull on Twitter.

1431
01:33:27,148 --> 01:33:28,688
Absolutely perfect ending.

1432
01:33:28,868 --> 01:33:30,868
So Dave, thanks so much.

1433
01:33:30,898 --> 01:33:32,378
This was, this was fantastic.

1434
01:33:32,378 --> 01:33:34,208
And as Knut said, looking
forward to next time.

1435
01:33:34,308 --> 01:33:34,508
So

1436
01:33:35,338 --> 01:33:35,808
Thanks for having

1437
01:33:35,858 --> 01:33:37,108
has been Freedom Footprint Show.

1438
01:33:37,308 --> 01:33:38,098
Thanks for listening.