Oct. 14, 2023

Peace Through Sovereignty with Tony Yazbeck - Freedom Footprint Show 58

Peace Through Sovereignty with Tony Yazbeck - Freedom Footprint Show 58

In this episode we are joined by Tony Yazbeck: Bitcoin educator and co-founder of “The Bitcoin Way”. 
In this episode Tony walks us through his personal Orange Pilling story and the effects that Lebanon’s financial crisis had on his journey. We discu...

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Freedom Footprint Show: A Bitcoin Podcast

In this episode we are joined by Tony Yazbeck: Bitcoin educator and co-founder of “The Bitcoin Way”. 

In this episode Tony walks us through his personal Orange Pilling story and the effects that Lebanon’s financial crisis had on his journey. We discuss bitcoin adoption, violence and the importance of self-sovereignty. Finally, we learn more about “The Bitcoin Way”, their values and mission and how Tony’s 20 years of experience in cybersecurity, encryption and privacy play a cardinal role in the company.

Connect with Tony on Twitter: https://twitter.com/V4BTC
Connect with The Bitcoin Way on Twitter: https://twitter.com/Thebitcoinway_
Visit The Bitcoin Way website: https://www.thebitcoinway.com/

Chapters: 
00:00:00 - Intro
00:01:49 - Introduction to Tony Yazbeck
00:09:29 - Bitcoin's Role in Lebanon's Financial Crisis
00:22:19 - The Bitcoin Way
00:34:21 - Incentivizing Bitcoin Companies
00:48:25 - Book and Content Recommendations
00:58:07 - How The Bitcoin Way Works
01:01:27 - Wrapping Up

 

The Freedom Footprint Show is hosted by Knut Svanholm and BTCPseudoFinn. We are concerned about your Freedom Footprint! Join us as we talk to #bitcoin philosophers about how #bitcoin can expand your Freedom Footprint and much more!

The show is sponsored by AmberApp, the #1 Sat Stacking and Spending app on Earth! Their global launch is just around the corner, and they have loads of great features coming up, so stay tuned for those! The reason we've partnered with AmberApp is because of the great people - check out our episode with their CEO, Izzy, and you'll see why! https://youtu.be/nCSMzdp4_Co
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The show is sponsored by Wasabi Wallet, the privacy-focused desktop wallet with Tor and coinjoin built in. The coins you send to the wallet are coinjoined through Tor, so when you take the coins out they are private. Visit https://wasabiwallet.io/ and download Wasabi Wallet!

The show is sponsored by Orange Pill App, the social network for bitcoiners aiming to increase hyperbitcoinization in your local area. Download the Orange Pill App today! See https://www.theorangepillapp.com/ for details and connect with them on Twitter https://twitter.com/orangepillapp

The show is sponsored by The Bitcoin Way, specialists in cutting through the technical jargon of Bitcoin, so you can confidently navigate this complex world. They cover everything from Cold Wallets to Nodes, No-KYC Bitcoin Purchases, Inheritance Planning, BTC Payments, and more. If you're looking to expand your freedom footprint, securely managing your Bitcoin in self-custody—the right way, then booking a free 30-minute call with them is the next step to take: https://thebitcoinway.com/contact/

The show is sponsored by Geyser, the portal to the new creator economy on Bitcoin. On Geyser, creators can monetize their creations through their communities in a social and engaging way, and supporters can send sats to their favorite projects. Geyser has also recently integrated with Zaps and Podcasting 2.0, so every Zap sent to a Geyser address shows up on the Geyser page. We have a Geyser fund ourselves, it's the best way to support our show directly with Bitcoin. Check out their website for more info: https://geyser.fund/

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The Freedom Footprint Show is a Bitcoin podcast hosted by Knut Svanholm and Luke de Wolf.

In each episode, we explore everything from deep philosophy to practical tools to emit freedom dioxide to expand your freedom footprint!

Transcript
1 00:00:00,049 --> 00:00:03,380 since the beginning of time, problems were always resolved 2 00:00:03,450 --> 00:00:05,590 via one way only: violence. 3 00:00:05,850 --> 00:00:09,950 You know, you try to talk, if we don't find a solution, it escalates a bit more. 4 00:00:10,170 --> 00:00:13,290 If we still can't find a solution, then somebody gets angry. 5 00:00:13,430 --> 00:00:16,080 And if it still can't get a solution, then you break out into a fight. 6 00:00:16,340 --> 00:00:19,010 And if it still doesn't get fixed, somebody ends up dead. 7 00:00:19,357 --> 00:00:22,163 Before Bitcoin, which is obviously, that peaceful 8 00:00:22,163 --> 00:00:23,543 revolution, like, how do you do it? 9 00:00:23,818 --> 00:00:24,898 There was no other way. 10 00:00:25,191 --> 00:00:28,111 Welcome back to the Freedom Footprint show, the Bitcoin 11 00:00:28,111 --> 00:00:31,871 philosophy show with Knut Svanholm and me, Luke the Pseudo Finn. 12 00:00:32,407 --> 00:00:35,897 Today, we're joined by Tony Yazbeck, Bitcoin educator and 13 00:00:35,897 --> 00:00:37,787 co founder of The Bitcoin Way. 14 00:00:38,152 --> 00:00:41,052 In this episode, Tony walks us through his personal orange billing 15 00:00:41,052 --> 00:00:44,802 story and the effects that Lebanon's financial crisis had on his journey. 16 00:00:45,057 --> 00:00:49,127 We discuss Bitcoin adoption, violence, and the importance of self sovereignty. 17 00:00:49,697 --> 00:00:52,257 Finally, we learn more about The Bitcoin Way. 18 00:00:52,502 --> 00:00:56,052 And how Tony's 20 years of experience in cybersecurity, encryption, and 19 00:00:56,052 --> 00:00:58,452 privacy play a big role in the company. 20 00:00:59,332 --> 00:01:02,212 But before we jump in, I'll quickly cover how you can support the show. 21 00:01:02,482 --> 00:01:05,602 First, you can send us a boost or stream us some sats using a value for 22 00:01:05,602 --> 00:01:07,452 value podcasting app such as Fountain. 23 00:01:08,062 --> 00:01:11,062 If you're listening to this show as a podcast, check it out on Fountain. 24 00:01:11,232 --> 00:01:13,492 You can earn sats from listening and you can support us and 25 00:01:13,502 --> 00:01:14,772 all your other favorite shows. 26 00:01:15,472 --> 00:01:18,722 You can also support us on Geyser with Bitcoin or on Patreon if you 27 00:01:18,722 --> 00:01:20,012 want to get rid of your dirty fiat. 28 00:01:20,712 --> 00:01:22,122 All our links are in the description. 29 00:01:23,112 --> 00:01:25,212 If you're watching on YouTube, don't forget to like the episode 30 00:01:25,212 --> 00:01:26,352 and subscribe to the channel. 31 00:01:26,662 --> 00:01:28,902 Even if you're listening as a podcast, head over to our YouTube 32 00:01:28,902 --> 00:01:30,302 channel and subscribe to us there. 33 00:01:30,502 --> 00:01:31,322 It would be a big help. 34 00:01:32,392 --> 00:01:34,282 And finally, we want to thank today's sponsors. 35 00:01:34,602 --> 00:01:39,012 Amber App, Wasabi Wallet, Orange Pill App, The Bitcoin Way, and Geyser. 36 00:01:39,472 --> 00:01:41,062 All their information is in the description. 37 00:01:41,152 --> 00:01:42,652 We'll be talking a bit more about them later. 38 00:01:43,632 --> 00:01:48,907 And now, without further ado, Here is Tony Yazbeck on the Freedom Footprint Show. 39 00:01:49,884 --> 00:01:51,264 welcome to the Freedom Footprint Show. 40 00:01:51,284 --> 00:01:52,064 Thanks for joining us. 41 00:01:52,424 --> 00:01:53,444 Thank you for having me. 42 00:01:53,976 --> 00:01:55,076 Yes, welcome, Tony. 43 00:01:55,846 --> 00:01:59,176 You're the CEO of the Bitcoin Way, right? 44 00:01:59,436 --> 00:02:00,536 I'm one of the co founders. 45 00:02:00,536 --> 00:02:01,366 Yes, correct. 46 00:02:01,446 --> 00:02:04,575 the co founders, which is an interesting company. 47 00:02:05,194 --> 00:02:07,354 We'll get back into that a little later. 48 00:02:07,354 --> 00:02:09,244 But first, a little bit about you. 49 00:02:09,264 --> 00:02:15,254 Can you give us the TLDR on who you are and how were you orange pilled and how 50 00:02:15,254 --> 00:02:17,224 did you become a full time Bitcoiner? 51 00:02:17,414 --> 00:02:17,744 sure. 52 00:02:17,764 --> 00:02:18,484 Absolutely. 53 00:02:18,534 --> 00:02:22,464 I come from over 20 years of cybersecurity encryption and privacy. 54 00:02:22,464 --> 00:02:26,314 So I've been like heavily involved in the IT world for a very long time. 55 00:02:26,774 --> 00:02:30,544 Bitcoin, I'd say like a little over five years deep down the rabbit hole. 56 00:02:31,004 --> 00:02:35,428 And, uh, My story in Bitcoin is an interesting one because I actually 57 00:02:35,608 --> 00:02:43,968 witnessed the pain of hyperinflation and complete life saving destruction, you 58 00:02:43,968 --> 00:02:49,104 know, before my own eyes, which is what really, you know, woke me up and led 59 00:02:49,104 --> 00:02:51,642 me to look for answers to this story. 60 00:02:51,642 --> 00:02:52,084 Thanks for watching. 61 00:02:52,504 --> 00:02:56,054 Nuclear surprise, you know, that just came out of nowhere. 62 00:02:56,944 --> 00:03:01,324 I was in Cyprus when it happened and the situation that I'm 63 00:03:01,324 --> 00:03:03,544 referring to was not the Cyprus one. 64 00:03:03,604 --> 00:03:09,384 It was the one next door in Lebanon when the protests broke out and, you 65 00:03:09,384 --> 00:03:10,884 know, the whole country was in shambles. 66 00:03:10,884 --> 00:03:14,394 And then from one day to the next, everybody's life savings were wiped. 67 00:03:14,869 --> 00:03:19,589 Okay, so, when you live through something like this, you realize very quickly 68 00:03:19,639 --> 00:03:21,279 that this is not a theory anymore. 69 00:03:21,279 --> 00:03:22,309 This is not a movie. 70 00:03:22,379 --> 00:03:23,489 This is real life. 71 00:03:23,569 --> 00:03:24,549 It can happen. 72 00:03:24,589 --> 00:03:26,239 It will happen to anyone. 73 00:03:26,489 --> 00:03:27,579 No one's immune to it. 74 00:03:28,329 --> 00:03:30,829 It's just a question of when your turn comes. 75 00:03:31,659 --> 00:03:35,169 Once you live through something like this, it's very hard to unsee it, to 76 00:03:35,169 --> 00:03:40,119 forget about it, because the pain and destruction it leaves in its path 77 00:03:41,339 --> 00:03:44,669 is really, it's unheard of, okay? 78 00:03:44,669 --> 00:03:50,529 I mean, you have people literally went to bed on a Tuesday, being financially 79 00:03:50,569 --> 00:03:55,339 comfortable, a lot of them retired, waking up the next day, nothing's working. 80 00:03:55,599 --> 00:03:56,419 This is how it happened. 81 00:03:57,949 --> 00:04:00,049 You woke up the next day, you know, you're trying to buy 82 00:04:00,049 --> 00:04:01,439 stuff, credit cards don't work. 83 00:04:01,949 --> 00:04:03,359 Okay, well maybe it's a glitch. 84 00:04:03,789 --> 00:04:05,539 Call the bank, there's no answer at the bank. 85 00:04:05,806 --> 00:04:06,976 Okay, so then, then what? 86 00:04:07,266 --> 00:04:09,366 So then, okay, you can't buy whatever it is that you're buying. 87 00:04:09,396 --> 00:04:11,896 So you wait, hopefully it'll, you know, resolve itself. 88 00:04:12,446 --> 00:04:16,036 One day, two days, three days, news comes out, banks are closed because of 89 00:04:16,086 --> 00:04:17,616 whatever bullshit reason they give you. 90 00:04:18,636 --> 00:04:22,066 Fast forward three years, money is hyperinflated to God knows what. 91 00:04:22,836 --> 00:04:24,296 If you had a million dollars U. 92 00:04:24,296 --> 00:04:24,616 S. 93 00:04:24,766 --> 00:04:29,023 in a Lebanese bank, you have 300 now, this is what happened. 94 00:04:29,229 --> 00:04:35,116 And, uh, when you see this, it wakes you up in a way that's very hard to describe. 95 00:04:35,166 --> 00:04:39,306 You know, like, I mean, your views on the world change almost instantly 96 00:04:39,336 --> 00:04:40,826 in a way that are irreversible. 97 00:04:41,456 --> 00:04:42,856 So, you start looking for answers. 98 00:04:43,516 --> 00:04:44,476 What the hell just happened? 99 00:04:44,769 --> 00:04:47,769 what happened here, you know, all, all your life you're told, you know, you go, 100 00:04:47,769 --> 00:04:52,159 you work, you make an honest living, you put your money in that bank, when you 101 00:04:52,159 --> 00:04:56,219 decide to retire, your money's there, except no, finally you find out that 102 00:04:56,319 --> 00:05:00,659 the money in the bank is not yours, the banks are the thieves stealing your 103 00:05:00,669 --> 00:05:03,989 money, and they're not giving it to you, and there's nothing you can do about 104 00:05:03,999 --> 00:05:07,956 it, so then you dig deeper, you know, how far does this thing go, who's behind 105 00:05:07,956 --> 00:05:11,406 all of this, how is this put together, how is this scam concocted, since when, 106 00:05:11,796 --> 00:05:16,986 you start asking questions, And that's essentially what led me to Bitcoin. 107 00:05:17,906 --> 00:05:22,726 When I finally realized that my entire life has been a lie with regards 108 00:05:22,853 --> 00:05:27,316 to money, any normal person would, would, would react the same way I 109 00:05:27,316 --> 00:05:31,766 did, which was, you know, you get very angry, you know, because you 110 00:05:31,776 --> 00:05:33,126 think you're doing the right thing. 111 00:05:33,756 --> 00:05:36,186 And at the end of the day, you get completely screwed over. 112 00:05:36,826 --> 00:05:38,786 And there's literally nothing you can do. 113 00:05:39,356 --> 00:05:42,026 Something like this happens once. 114 00:05:42,196 --> 00:05:45,046 If you let it happen twice, then you're the idiot. 115 00:05:45,703 --> 00:05:49,213 before Bitcoin, we had no alternative. 116 00:05:49,473 --> 00:05:53,616 And this is, was my biggest, lifeline, if you want. 117 00:05:53,876 --> 00:05:58,076 Because once you survive, a disaster, having your life savings wiped out, 118 00:05:58,456 --> 00:06:02,456 You know, you go to a, you go to a very dark place and it's not everyone 119 00:06:02,456 --> 00:06:04,476 that can come out of it normally. 120 00:06:04,876 --> 00:06:07,616 I don't want to get too morbid about this, but let's just say, you know, 121 00:06:07,616 --> 00:06:11,266 like I've seen very close friends of mine not come out of this. 122 00:06:12,236 --> 00:06:15,576 I've seen people that I know, good people, not come out of this. 123 00:06:16,156 --> 00:06:18,246 And it's not something I wish upon anyone. 124 00:06:18,736 --> 00:06:24,339 So, when I try to pass this message on, subtly through orange pilling, to try to 125 00:06:24,339 --> 00:06:26,879 warn people, guys, this is not a movie. 126 00:06:27,079 --> 00:06:28,789 It's not just Lebanon. 127 00:06:29,239 --> 00:06:30,639 It doesn't matter where you are. 128 00:06:30,829 --> 00:06:33,119 The fiat system is rigged. 129 00:06:33,269 --> 00:06:36,079 It's bullshit from beginning to end. 130 00:06:36,509 --> 00:06:42,499 It's a concoction by a group of thieves that designed this for this purpose. 131 00:06:44,009 --> 00:06:47,929 And before Bitcoin, there was no real alternative. 132 00:06:48,303 --> 00:06:53,243 mean, the, the, the notion that you don't own your money, that you have 133 00:06:53,243 --> 00:06:58,963 to ask permission from someone to use your money, your time and energy. 134 00:06:59,423 --> 00:07:01,013 How does that make sense to anyone? 135 00:07:01,293 --> 00:07:02,793 How does anyone accept this? 136 00:07:03,166 --> 00:07:03,776 I don't. 137 00:07:04,306 --> 00:07:04,876 Not anymore. 138 00:07:04,876 --> 00:07:05,336 Anyhow, 139 00:07:05,615 --> 00:07:10,768 Oh, the, the first, uh, feeling I get is anger, of course, like, and, uh, 140 00:07:11,118 --> 00:07:14,658 I can see the writings on the wall in other countries, like here in Spain, 141 00:07:14,658 --> 00:07:19,038 for instance, the last time I needed to withdraw cash from the bank, they 142 00:07:19,058 --> 00:07:23,348 asked me what I was going to use it for, and it's not like it was an enormous 143 00:07:23,418 --> 00:07:28,558 sum, and still, even if it was, like, what the hell business of theirs is, 144 00:07:29,148 --> 00:07:31,658 is it what I want to use my money for? 145 00:07:31,778 --> 00:07:33,418 it's not their money, it's my money. 146 00:07:33,498 --> 00:07:37,478 I should be asking them what they're using my money for, not 147 00:07:37,478 --> 00:07:38,868 the other way around, right? 148 00:07:39,428 --> 00:07:44,328 So, so that's, I see that as an absolute warning sign and it's everywhere. 149 00:07:44,328 --> 00:07:48,898 You hear stories about people's bank accounts being shut down and you know, 150 00:07:49,148 --> 00:07:54,068 what happened to Nigel Farage in the UK, for instance, and a multitude of other 151 00:07:54,068 --> 00:07:58,555 people that had the same problem and I, I recently read some news from Sweden, 152 00:07:58,865 --> 00:08:03,455 where I come from, where the Swedish krona is now at an all time low against 153 00:08:03,465 --> 00:08:09,961 the euro, so it's now 12 Swedish krona per euro, and it has lost 40 percent of 154 00:08:09,961 --> 00:08:12,411 its purchasing power against the euro. 155 00:08:13,051 --> 00:08:18,151 Which in itself has lost its purchasing power against the dollar in 10 years 156 00:08:18,611 --> 00:08:20,841 and 7 percent during the last year. 157 00:08:20,851 --> 00:08:26,241 But I know since I, I changed some Swedish krona for euros half a year back 158 00:08:26,571 --> 00:08:29,091 and it has dropped 7 percent since then. 159 00:08:29,101 --> 00:08:35,375 So it's not the last year, it's the last half year, which is a significant amount. 160 00:08:36,121 --> 00:08:37,821 mean, Scandinavia has. 161 00:08:38,211 --> 00:08:41,941 It's viewed itself as the Scandinavian countries have viewed 162 00:08:41,941 --> 00:08:45,781 themselves as being immune to all of this for a long, long time. 163 00:08:46,481 --> 00:08:51,031 But then again, we've had these negative interest rates and other fictitious 164 00:08:51,051 --> 00:08:53,781 bullshit for a couple of years now. 165 00:08:53,831 --> 00:08:56,431 And sooner or later, the shit hits the fan. 166 00:08:56,441 --> 00:09:01,491 And after the lockdowns and everything, I mean, Sweden didn't really have lockdowns, 167 00:09:01,491 --> 00:09:03,681 but even, but still, the COVID measures. 168 00:09:03,976 --> 00:09:05,746 Cost a lot of money in every country. 169 00:09:06,266 --> 00:09:10,026 And, uh, it's just, as you say, it's just a matter of time. 170 00:09:10,036 --> 00:09:14,046 It's, it's doomed because it's designed that way. 171 00:09:14,076 --> 00:09:15,411 There is no way out of it. 172 00:09:15,516 --> 00:09:18,926 they're printing money to reduce the value of the national debt, 173 00:09:18,976 --> 00:09:24,986 which, and what that is, is just a mass theft of people's life power. 174 00:09:25,006 --> 00:09:28,856 It's, it's just depleting everyone's mana, if you will. 175 00:09:29,476 --> 00:09:34,509 Uh, I'm curious about Lebanon and what happened there, like how much, 176 00:09:34,779 --> 00:09:42,099 how close to it, is it a civil war situation there now, or like how, how 177 00:09:42,209 --> 00:09:44,259 dangerous is Lebanon at this point? 178 00:09:44,259 --> 00:09:48,659 And what, what happens in a situations like that? 179 00:09:48,659 --> 00:09:52,159 Do people start using other means of media of exchange? 180 00:09:52,239 --> 00:09:53,489 What's your observation? 181 00:09:54,174 --> 00:09:59,084 The thing is, Lebanon is a bit of a, it's a city of miracles in the sense that 182 00:09:59,314 --> 00:10:04,174 depending where you go in Lebanon, you can see a completely different movie. 183 00:10:04,724 --> 00:10:08,284 I mean, if you go down, if you fly down to Lebanon now and you go to 184 00:10:08,284 --> 00:10:11,914 a certain part of the city, they live better than Beverly Hills. 185 00:10:13,099 --> 00:10:15,059 You know, you wonder, like, how the hell is that possible? 186 00:10:15,059 --> 00:10:15,369 But they 187 00:10:15,519 --> 00:10:16,479 in Beirut you mean? 188 00:10:16,889 --> 00:10:17,159 Yes. 189 00:10:17,179 --> 00:10:18,729 Well, in certain parts of Beirut, yes. 190 00:10:19,669 --> 00:10:23,419 But realistically, there's, I think, 80 or 90 percent of the 191 00:10:23,419 --> 00:10:25,679 population is below the poverty line. 192 00:10:25,709 --> 00:10:27,089 It's absolutely horrendous. 193 00:10:27,279 --> 00:10:30,889 But there is a small minority, a small percentage of people 194 00:10:30,899 --> 00:10:35,549 that, you know, somehow are still beating the rate of inflation. 195 00:10:35,609 --> 00:10:40,239 And their money is obviously, well, yes, possibly, and likely that their 196 00:10:40,239 --> 00:10:44,549 funds were not in Lebanon , when the system effectively stole everybody's 197 00:10:44,549 --> 00:10:46,229 life savings, their funds were out. 198 00:10:46,719 --> 00:10:50,819 You know, there was a lot of, um, illegal money transfers that was 199 00:10:50,839 --> 00:10:54,689 going on behind the scenes during the time where supposedly no one 200 00:10:54,689 --> 00:10:57,789 was allowed to take out their money, but certain people, somehow were 201 00:10:57,789 --> 00:11:00,089 siphoning billions out of the country. 202 00:11:00,439 --> 00:11:04,849 And you have no right to investigate how this is going on. 203 00:11:05,029 --> 00:11:05,969 That's the worst part. 204 00:11:06,859 --> 00:11:10,779 So, long story short, if you had your life savings over there, 205 00:11:11,089 --> 00:11:12,909 today they are 100 percent gone. 206 00:11:13,149 --> 00:11:16,489 And the worst part is, whatever's left, you're not allowed to take out. 207 00:11:16,899 --> 00:11:19,599 They don't give it to you, you have withdrawal limits 208 00:11:19,609 --> 00:11:21,119 that are completely absurd. 209 00:11:22,429 --> 00:11:27,479 Yeah, I saw someone come in with a shotgun to withdraw money, not to rob the bank, 210 00:11:27,519 --> 00:11:29,419 but to get his own money out of the bank. 211 00:11:29,469 --> 00:11:30,819 Yes, absolutely. 212 00:11:31,609 --> 00:11:33,749 And it happened on several occasions, right? 213 00:11:33,959 --> 00:11:35,369 Well, of course it's going to happen. 214 00:11:35,389 --> 00:11:38,209 I mean, you're, you're a hardworking individual. 215 00:11:38,209 --> 00:11:41,619 You've got whatever it is that you have in that bank account as your life savings. 216 00:11:41,789 --> 00:11:43,199 Your mom is sick. 217 00:11:43,519 --> 00:11:45,229 She needs treatment. 218 00:11:45,646 --> 00:11:49,696 The bank decides, screw you, I'm not giving you your money, so what do you do? 219 00:11:50,006 --> 00:11:51,376 What options do you have? 220 00:11:51,966 --> 00:11:54,916 If you do nothing, your mom's going to die. 221 00:11:55,936 --> 00:12:00,543 So, you either let her die, or you take measures into your own hand. 222 00:12:01,143 --> 00:12:04,803 Now, keep in mind, these people that went into a bank with guns, 223 00:12:05,163 --> 00:12:06,713 none of these folks are criminals. 224 00:12:06,773 --> 00:12:10,573 These are mothers, fathers, regular, good people. 225 00:12:11,346 --> 00:12:12,236 On the contrary, 226 00:12:12,481 --> 00:12:13,531 pushed to a limit. 227 00:12:13,761 --> 00:12:17,341 Yes, they are victim, pushed to a corner that they have no 228 00:12:17,341 --> 00:12:19,201 choice but to react this way. 229 00:12:19,701 --> 00:12:23,821 And this is, what I keep telling everybody, I'm like, you guys have no idea 230 00:12:23,821 --> 00:12:30,491 when things get bad, good people start doing crazy shit, , because they have to. 231 00:12:30,491 --> 00:12:32,091 It's almost like a survival thing. 232 00:12:32,671 --> 00:12:35,501 So these folks that went into these banks with guns. 233 00:12:36,026 --> 00:12:37,156 They wanted their money. 234 00:12:37,266 --> 00:12:38,726 They didn't want anybody else's money. 235 00:12:38,726 --> 00:12:39,756 They weren't robbing anyone. 236 00:12:39,756 --> 00:12:43,186 They just wanted their life savings to pay for medical 237 00:12:43,196 --> 00:12:45,496 bills for a dying family member. 238 00:12:46,326 --> 00:12:47,796 So, do you blame them? 239 00:12:47,856 --> 00:12:51,206 Or do you, now all of a sudden, oh no, they're evil people, they have a gun. 240 00:12:51,770 --> 00:12:55,620 No, I wouldn't call that almost a survival mechanism, I would call 241 00:12:55,620 --> 00:12:57,680 that an actual survival mechanism. 242 00:12:57,730 --> 00:12:59,865 That is, Your only option. 243 00:12:59,875 --> 00:13:03,795 It's like when you, when you have no means of saving your, your time 244 00:13:03,795 --> 00:13:08,625 preference goes up and I always talk about this, like if you're stripped of 245 00:13:08,625 --> 00:13:14,775 all your, all of your possessions, your, your time preference is as the highest 246 00:13:14,775 --> 00:13:19,275 it can get, you need to find food and shelter and you use any means necessary 247 00:13:19,275 --> 00:13:21,405 to get that, otherwise you're dead, 248 00:13:22,140 --> 00:13:23,040 Absolutely. 249 00:13:23,310 --> 00:13:23,780 Absolutely. 250 00:13:23,780 --> 00:13:24,720 There's no other choice. 251 00:13:25,270 --> 00:13:29,758 And, uh, unfortunately, you know, when, when you bully someone, so much. 252 00:13:29,798 --> 00:13:32,548 At some point, you know, they're going to push back. 253 00:13:32,838 --> 00:13:34,378 I mean, everybody has a breaking point. 254 00:13:34,938 --> 00:13:39,568 And, uh, it's that breaking point that worries me, on a global level. 255 00:13:40,008 --> 00:13:42,828 Because, I've seen it in one place and it was, like, horrendous. 256 00:13:42,848 --> 00:13:43,698 Can you imagine this? 257 00:13:44,533 --> 00:13:47,723 Spreading like a virus in, , more and more cities. 258 00:13:48,168 --> 00:13:49,318 it's hard to imagine. 259 00:13:49,743 --> 00:13:53,063 So why isn't Bitcoin adoption more widespread in Lebanon? 260 00:13:53,493 --> 00:13:55,403 Well, it's twofold. 261 00:13:55,413 --> 00:13:57,723 For one, it is increasing from what I hear. 262 00:13:57,723 --> 00:13:59,723 I mean, I haven't been there in a while. 263 00:13:59,723 --> 00:14:01,073 I have no interest in going back there. 264 00:14:01,073 --> 00:14:03,673 I'm absolutely, disgusted by the whole situation. 265 00:14:04,143 --> 00:14:09,613 But from what I hear, Bitcoin activity , is on the rise a lot more now. 266 00:14:10,463 --> 00:14:12,063 You have to keep in mind a lot of these folks. 267 00:14:12,633 --> 00:14:13,763 Don't understand money. 268 00:14:14,183 --> 00:14:14,573 Okay. 269 00:14:14,573 --> 00:14:17,343 These guys, they, they want immediate satisfaction. 270 00:14:17,343 --> 00:14:18,083 They have to eat. 271 00:14:18,743 --> 00:14:22,063 So they're not going to, , take a risk with something that 272 00:14:22,073 --> 00:14:23,990 they can't exchange for food. 273 00:14:24,520 --> 00:14:26,880 So the big thing over there is the US dollar. 274 00:14:27,600 --> 00:14:32,240 So anything, they will do anything to get a US dollar, even though, you know, 275 00:14:32,280 --> 00:14:36,360 this is not what they need, they need something that's not going to continuously 276 00:14:36,400 --> 00:14:41,490 steal their money and time and energy, but because you have to eat and it's 277 00:14:41,490 --> 00:14:46,810 not common enough to exchange, you know, Bitcoin for what you actually have to put. 278 00:14:47,255 --> 00:14:50,815 Food on the table, you're like stuck in a catch 22. 279 00:14:50,845 --> 00:14:52,285 This is what I think is happening. 280 00:14:52,285 --> 00:14:56,645 And this is, it's like a common scenario in countries or with 281 00:14:56,665 --> 00:15:01,405 people, you know, very limited financial resources, you're stuck. 282 00:15:02,055 --> 00:15:04,895 And it's a, it's a very painful transition. 283 00:15:04,895 --> 00:15:09,935 It takes a considerable amount of effort to pass through this storm 284 00:15:09,935 --> 00:15:11,505 to come out on the other side. 285 00:15:12,970 --> 00:15:16,570 Some of them don't make it, some of them do make it, but , it's a 286 00:15:16,580 --> 00:15:19,700 really huge workout to, to do this. 287 00:15:19,820 --> 00:15:23,750 So time will tell what, what will happen, but there's a lot more 288 00:15:23,750 --> 00:15:25,490 people mining Bitcoin in Lebanon. 289 00:15:25,490 --> 00:15:28,190 I don't know how they're doing it considering there's electricity 290 00:15:28,200 --> 00:15:30,210 only a few hours a day. 291 00:15:30,210 --> 00:15:34,260 So I don't know, how they're actually doing it, if they're doing it via natural 292 00:15:34,260 --> 00:15:37,870 resources, Lebanon has a lot of natural resource, water being one of them. 293 00:15:37,880 --> 00:15:40,740 So I don't know if somehow they're being set up in locations close 294 00:15:40,740 --> 00:15:42,110 to that to take advantage of this. 295 00:15:42,830 --> 00:15:46,470 Otherwise, the price of electricity, first of all, is horrendously high. 296 00:15:46,600 --> 00:15:48,420 And second of all, there is no electricity. 297 00:15:48,420 --> 00:15:52,070 It's, it comes in like, it's rationed for a few hours a day. 298 00:15:52,070 --> 00:15:56,720 So you couldn't possibly mine anything reliably or profitably 299 00:15:56,720 --> 00:15:57,880 for that matter over there. 300 00:15:58,516 --> 00:15:58,746 Yeah. 301 00:15:58,746 --> 00:16:03,516 So the way I see bitcoin adoption, I is the only way to save people 302 00:16:03,516 --> 00:16:07,506 in the coming decade when this is going to hit more and more countries 303 00:16:07,506 --> 00:16:09,156 at a faster and faster pace. 304 00:16:09,626 --> 00:16:14,696 If there isn't sufficient Bitcoin adoption there, in the next place it happens 305 00:16:14,701 --> 00:16:17,373 to the alternative is, is violence. 306 00:16:17,523 --> 00:16:20,673 There's only that, like there's, there's Bitcoin or there's violence. 307 00:16:20,673 --> 00:16:23,503 Literally, uh, with Bitcoin they can trade. 308 00:16:23,918 --> 00:16:25,398 So they don't have to use force. 309 00:16:25,888 --> 00:16:27,928 If they can't trade, they will have to use force. 310 00:16:27,958 --> 00:16:29,758 That's as simple as that. 311 00:16:30,458 --> 00:16:33,648 You said you were in Cyprus during the time that this happened. 312 00:16:34,278 --> 00:16:37,148 So, what was your orange pill moment? 313 00:16:37,158 --> 00:16:38,548 Like, um, of course... 314 00:16:39,033 --> 00:16:42,943 Having seen this and lived through this and all of that must have 315 00:16:43,103 --> 00:16:46,883 helped your orange pilling journey, but how did you find out about 316 00:16:46,883 --> 00:16:48,773 Bitcoin when did the penny drop? 317 00:16:48,773 --> 00:16:52,533 So this is the obvious solution, like, were you ever a shit coiner? 318 00:16:52,563 --> 00:16:54,863 Like, what's the story there? 319 00:16:54,873 --> 00:16:55,253 of course. 320 00:16:55,253 --> 00:16:57,203 I'm not going to hide or lie about this. 321 00:16:57,203 --> 00:17:01,153 Obviously, I dabbled into a whole bunch of, stupid things in the beginning, you 322 00:17:01,153 --> 00:17:03,163 know, nothing positive came out of it. 323 00:17:03,573 --> 00:17:04,403 So that's fine. 324 00:17:04,423 --> 00:17:05,603 Almost everyone did. 325 00:17:05,713 --> 00:17:10,243 yeah, so, uh, yeah, of course I dabbled into, you know, a few things and learned 326 00:17:10,243 --> 00:17:11,623 a few things along the way as well. 327 00:17:12,053 --> 00:17:15,863 But ultimately, my objective was to find. 328 00:17:16,533 --> 00:17:20,393 A permanent solution to this problem in a sense that I needed to be in a 329 00:17:20,393 --> 00:17:24,833 position where no one can steal from me ever again, and it wasn't going to 330 00:17:24,843 --> 00:17:29,603 be the traditional route of gold, real estate, none of that nonsense, because 331 00:17:29,683 --> 00:17:31,303 all of that can be taken away from you. 332 00:17:31,343 --> 00:17:36,223 I came to the very firm conclusion that nothing physical is safe anymore. 333 00:17:36,253 --> 00:17:36,653 Nothing. 334 00:17:36,983 --> 00:17:40,303 Unless, unless you have an army to protect it. 335 00:17:40,963 --> 00:17:45,523 I get into debates sometimes with folks, you know, gold is, is a better 336 00:17:45,523 --> 00:17:47,373 investment or buying real estate. 337 00:17:47,373 --> 00:17:49,233 I have five apartment buildings. 338 00:17:49,723 --> 00:17:50,433 All right, cool. 339 00:17:50,833 --> 00:17:53,783 But if an army of five guys come up to you with a gun and tell you, get 340 00:17:53,783 --> 00:17:55,293 out, what are you going to tell them? 341 00:17:55,663 --> 00:17:59,483 That you have a piece of paper that says it's legally mine, you can't touch it. 342 00:18:00,573 --> 00:18:02,063 They're going to tell you you have 10 seconds. 343 00:18:02,803 --> 00:18:05,283 You either leave or we carry you out. 344 00:18:05,760 --> 00:18:06,150 Pick. 345 00:18:06,776 --> 00:18:11,520 So, unless you have an army to protect yourself in extreme cases, this is 346 00:18:11,520 --> 00:18:14,480 what I'm talking about, obviously this is like an extreme case, but when 347 00:18:14,480 --> 00:18:18,630 you are , in a predicament where the money's gone, people are desperate. 348 00:18:18,670 --> 00:18:19,580 People are hungry. 349 00:18:20,700 --> 00:18:22,770 People do all sorts of insane things. 350 00:18:23,780 --> 00:18:27,636 So, you can't predict the behavior that's going to come your way. 351 00:18:27,646 --> 00:18:28,866 You have to be ready for it. 352 00:18:29,166 --> 00:18:30,486 And fundamentally... 353 00:18:30,796 --> 00:18:35,056 Since the beginning of time, problems were always resolved 354 00:18:35,126 --> 00:18:37,266 via one way only, violence. 355 00:18:38,036 --> 00:18:41,156 You know, you try to talk, if it, if we don't find a solution, 356 00:18:41,746 --> 00:18:42,996 it escalates a bit more. 357 00:18:43,216 --> 00:18:46,336 If we still can't find a solution, then somebody gets angry. 358 00:18:46,476 --> 00:18:49,126 And if it still can't get a solution, then you break out into a fight. 359 00:18:49,386 --> 00:18:52,056 And if it still doesn't get fixed, somebody ends up dead, 360 00:18:53,096 --> 00:18:54,676 so we want to avoid this. 361 00:18:54,946 --> 00:18:56,776 Obviously nobody wants to go into violence that's not the end game. 362 00:18:56,796 --> 00:18:56,816 Bye. 363 00:19:02,401 --> 00:19:05,601 Before Bitcoin, which is obviously, you know, that peaceful 364 00:19:05,601 --> 00:19:06,981 revolution, like, how do you do it? 365 00:19:08,156 --> 00:19:08,426 Really? 366 00:19:08,426 --> 00:19:09,056 How do you do it? 367 00:19:09,056 --> 00:19:10,136 There was no other way. 368 00:19:10,896 --> 00:19:11,616 Bitcoin. 369 00:19:12,056 --> 00:19:12,326 Yeah. 370 00:19:12,326 --> 00:19:18,766 I mean Bitcoin, defund, the source funding the bullshit, right? 371 00:19:19,546 --> 00:19:20,866 And the solution, the way I see. 372 00:19:20,871 --> 00:19:25,126 It's not that hard, but you just have to get the world to see it your way. 373 00:19:25,576 --> 00:19:29,516 If everyone tomorrow decides, I don't want fiat anymore, just like this 374 00:19:29,516 --> 00:19:32,846 tomorrow, five minutes, and you just opt into Bitcoin, we start transacting this. 375 00:19:32,846 --> 00:19:33,897 Whatever it takes, we'll figure it out. 376 00:19:34,720 --> 00:19:35,440 Problem solved. 377 00:19:36,260 --> 00:19:37,550 The problem is nobody believes it. 378 00:19:37,560 --> 00:19:42,185 You can't convince, the general public instantly to understand this. 379 00:19:43,430 --> 00:19:48,470 Yeah, it's really problem solved for everyone forever, which 380 00:19:48,470 --> 00:19:51,650 is, it's really that simple. 381 00:19:51,733 --> 00:19:53,063 If everyone's orange pilled. 382 00:19:53,758 --> 00:19:56,508 There's no more problems like Bitcoin fixes. 383 00:19:56,508 --> 00:19:58,998 This is true on so many levels. 384 00:19:59,058 --> 00:20:03,398 People think it's fictitious, but you know, it's like the saying, if goods and 385 00:20:03,398 --> 00:20:06,158 services don't cross borders, armies will. 386 00:20:07,368 --> 00:20:11,798 uh, it doesn't matter if it's a national border or if it's one of your five 387 00:20:11,798 --> 00:20:15,908 apartments that you need to save from the five guys with guns, it's the same 388 00:20:15,938 --> 00:20:17,808 thing if goods and services don't. 389 00:20:18,098 --> 00:20:23,048 Don't cross guys with guns will at some point that that's the end game there. 390 00:20:23,528 --> 00:20:26,658 Listen, these, these, these scenarios that I'm citing, they may seem a 391 00:20:26,658 --> 00:20:28,578 bit extreme, but they've happened. 392 00:20:28,648 --> 00:20:29,838 I've seen them happen. 393 00:20:29,938 --> 00:20:31,238 This is why I know about them. 394 00:20:31,588 --> 00:20:35,158 Obviously I don't, I don't like them, but it's not a movie. 395 00:20:35,328 --> 00:20:37,468 I'm not making this up from my own imagination. 396 00:20:38,143 --> 00:20:39,043 This is happening. 397 00:20:39,103 --> 00:20:41,383 This will happen when things get bad enough. 398 00:20:42,253 --> 00:20:47,153 So, uh, we try to avoid this as much as possible and, try to keep things 399 00:20:47,153 --> 00:20:51,183 as civil and peaceful as we possibly can because, that's how it should be. 400 00:20:51,710 --> 00:20:53,720 Okay, we have some big news. 401 00:20:54,090 --> 00:20:56,330 We have a new lead sponsor, AmberApp. 402 00:20:57,170 --> 00:20:59,770 They're the number one exchange in the Southern Hemisphere. 403 00:21:00,080 --> 00:21:02,980 They're rated for the best customer service around and 404 00:21:03,000 --> 00:21:04,720 their global launch is coming. 405 00:21:05,390 --> 00:21:09,900 But the reason we're partnering with AmberApp is because of the people. 406 00:21:10,430 --> 00:21:13,540 If you haven't listened to our episode with Izzy, CEO of AmberApp, 407 00:21:13,600 --> 00:21:15,400 you really should go check it out. 408 00:21:16,090 --> 00:21:19,980 You'll see why it made perfect sense to partner with Izzy and AmberApp. 409 00:21:20,350 --> 00:21:20,820 That's it. 410 00:21:21,040 --> 00:21:23,620 All I'll say for now, you really have to check it out for yourself. 411 00:21:24,230 --> 00:21:27,270 They have loads of great features coming that we're excited to share 412 00:21:27,270 --> 00:21:30,640 with you when the time comes, but for now, just check out the episode, 413 00:21:30,640 --> 00:21:32,030 check out their website, Ampr. 414 00:21:32,030 --> 00:21:32,310 app. 415 00:21:32,820 --> 00:21:35,706 You can see for yourself, why we're thrilled to bring Ampr. 416 00:21:35,706 --> 00:21:37,646 app on as our lead sponsor and partner. 417 00:21:38,076 --> 00:21:38,816 So go check it out. 418 00:21:39,556 --> 00:21:41,125 Next up WasabiWallet. 419 00:21:41,365 --> 00:21:44,815 The privacy by default, open source, non custodial Bitcoin 420 00:21:44,815 --> 00:21:46,525 wallet with CoinJoin built in. 421 00:21:47,105 --> 00:21:51,095 It's the easy to use, comprehensive, affordable way to make your coins private. 422 00:21:51,660 --> 00:21:54,670 And the best part is, they've been making huge improvements to the app. 423 00:21:54,980 --> 00:21:57,930 They're really focusing on the user experience, adding advanced 424 00:21:58,040 --> 00:22:00,590 features for power users, they just keep getting better. 425 00:22:01,110 --> 00:22:04,590 You send your coins to your Wasabi wallet, and they get combined with loads of 426 00:22:04,590 --> 00:22:08,710 other coins using the Wabi Sabi protocol, so they're private on the other end. 427 00:22:09,250 --> 00:22:12,760 Your tracks are covered so you can work on expanding your Freedom Footprint 428 00:22:12,910 --> 00:22:14,590 without worrying about your privacy. 429 00:22:15,470 --> 00:22:16,380 So, check out wasabiwallet. 430 00:22:16,380 --> 00:22:19,550 io and download Wasabi today. 431 00:22:20,031 --> 00:22:23,131 So, is that why you started the Bitcoin way? 432 00:22:23,131 --> 00:22:23,921 I guess it is. 433 00:22:23,971 --> 00:22:25,771 But, but, when did that happen? 434 00:22:25,771 --> 00:22:27,381 And what was the idea behind 435 00:22:27,536 --> 00:22:29,816 Yeah, well, the idea is to ensure that... 436 00:22:30,546 --> 00:22:36,386 The least number of people get affected by such a disastrous outcome as possible. 437 00:22:36,406 --> 00:22:42,806 I mean, the more, the more people I can convince, educate, influence, to 438 00:22:42,846 --> 00:22:47,246 understand, the reality of what's going on and to have them at least, 439 00:22:47,296 --> 00:22:49,961 take some steps to protect themselves. 440 00:22:50,297 --> 00:22:54,257 it almost feels like a mission, like a, like, like a calling, you know, like it's, 441 00:22:54,287 --> 00:22:59,084 uh, I never want to see anyone go through what I've seen in the last five years. 442 00:22:59,104 --> 00:22:59,434 Never. 443 00:22:59,494 --> 00:23:02,814 Not even my worst enemy, I would wish upon that upon them. 444 00:23:03,464 --> 00:23:06,144 But I do know that Bitcoin is technology and most people are 445 00:23:06,144 --> 00:23:07,864 not tech people, by any stretch. 446 00:23:08,524 --> 00:23:10,304 So it's a big. 447 00:23:10,789 --> 00:23:14,379 It's a big roadblock for many, and I know this because they've told me 448 00:23:14,379 --> 00:23:17,059 I don't know how to set up anything, cold wallet and all that, so I'm going 449 00:23:17,059 --> 00:23:19,559 to screw it up, I'm going to lose my money, forget it, I'm not touching it. 450 00:23:20,479 --> 00:23:22,479 All right, fine, so what if I do it for you? 451 00:23:22,759 --> 00:23:23,429 Would that help? 452 00:23:23,929 --> 00:23:27,439 Then the conversation lasts a bit longer, and then you actually get the 453 00:23:27,439 --> 00:23:31,429 work done, they see how it works, you explain exactly, , how things function. 454 00:23:32,259 --> 00:23:33,389 Some of them get it. 455 00:23:33,459 --> 00:23:38,159 Thankfully, a lot more these days understand it because of the way, you 456 00:23:38,159 --> 00:23:42,409 know, things are getting progressively worse, globally that, the world is just 457 00:23:42,409 --> 00:23:46,372 doing the marketing for Bitcoin, which makes our job a little easier and just 458 00:23:46,462 --> 00:23:51,012 executing what needs to be done in order to get the technicals out of the way. 459 00:23:51,917 --> 00:23:56,177 So for people that don't know, the Bitcoin way is, as I understand it, 460 00:23:56,587 --> 00:23:59,227 advises Bitcoiners on every level. 461 00:23:59,277 --> 00:24:04,777 You guys are providing advice, technical advice to people on how to secure their, 462 00:24:05,087 --> 00:24:10,627 even if they want a custodian to hold their coins, or if they want to do it. 463 00:24:11,087 --> 00:24:13,847 Themselves, if they want to use a hardware wallet, if they want to use 464 00:24:13,847 --> 00:24:18,357 a multisig, if they want to do coin joins, whatever, you're, you, you 465 00:24:18,357 --> 00:24:20,297 can provide technical assistance. 466 00:24:20,427 --> 00:24:21,077 Absolutely. 467 00:24:21,077 --> 00:24:23,747 Like you can think of us as like the Bitcoin. 468 00:24:23,757 --> 00:24:25,357 So we cover really everything. 469 00:24:25,357 --> 00:24:28,397 We, from cold wallets to nodes, inheritance planning, no KYC 470 00:24:28,397 --> 00:24:31,557 Bitcoin, integrating Bitcoin payments into your platform. 471 00:24:31,787 --> 00:24:34,917 Whatever it is that you need around the Bitcoin ecosystem, 472 00:24:34,917 --> 00:24:36,397 we can definitely assist with. 473 00:24:36,817 --> 00:24:39,487 We don't sell anything in terms of hardware or software. 474 00:24:39,487 --> 00:24:41,787 We are pure knowledge service here. 475 00:24:41,867 --> 00:24:44,667 So we have zero financial incentives to favor. 476 00:24:44,907 --> 00:24:46,177 One product over another. 477 00:24:46,927 --> 00:24:50,897 I test things personally myself on a regular basis, like a lot of stuff 478 00:24:50,897 --> 00:24:54,307 that's on the market just to stay on top of things and to filter out, the 479 00:24:54,307 --> 00:24:57,267 good, the bad and the ugly, make sure what's, what's reliable and what's not. 480 00:24:57,267 --> 00:25:01,017 And based on the, on, on a, like a strict set of guidelines 481 00:25:01,017 --> 00:25:02,417 that I have for these products. 482 00:25:02,842 --> 00:25:06,752 I make my recommendations, so for example, for cold wallets, we only 483 00:25:06,752 --> 00:25:09,672 deal with and recommend open source or verifiable source, anything 484 00:25:09,682 --> 00:25:11,072 outside of that we don't even look at. 485 00:25:11,552 --> 00:25:13,032 Um, same thing for nodes. 486 00:25:13,372 --> 00:25:15,142 Privacy is a very, very big thing. 487 00:25:15,142 --> 00:25:18,202 If there's a way to protect your privacy that you haven't thought 488 00:25:18,212 --> 00:25:19,972 of, you know, we will find it. 489 00:25:20,022 --> 00:25:24,182 I mean, you have 25 years of cybersecurity here that's coming into play. 490 00:25:24,757 --> 00:25:26,357 during our consultation. 491 00:25:26,387 --> 00:25:29,357 So there's a lot of things that I probably will be thinking of that 492 00:25:29,367 --> 00:25:33,057 most people will not, consider simply because of my background. 493 00:25:33,107 --> 00:25:37,247 And that becomes very valuable, in many aspects that most people 494 00:25:37,247 --> 00:25:40,707 don't even realize, and we are 100 percent for self custody. 495 00:25:40,757 --> 00:25:42,557 We don't hold any keys for anyone. 496 00:25:42,917 --> 00:25:46,917 I'm not a particular fan of, the whole third party involvement. 497 00:25:47,197 --> 00:25:50,657 The less, the least, the less people you involve in your 498 00:25:50,697 --> 00:25:52,147 Bitcoin custody, the better. 499 00:25:52,217 --> 00:25:54,597 Like the way I see it is the only person that should be 500 00:25:54,597 --> 00:25:56,377 responsible for your money is you. 501 00:25:57,337 --> 00:26:01,657 And unless you have implicit, absolute trust in someone, you shouldn't 502 00:26:01,677 --> 00:26:03,037 be trusting them with your keys. 503 00:26:03,677 --> 00:26:04,477 No, I agree. 504 00:26:04,652 --> 00:26:08,172 Yeah, because people problems are a hundred times worse to 505 00:26:08,172 --> 00:26:09,562 troubleshoot than technical ones. 506 00:26:09,572 --> 00:26:10,292 That's a fact. 507 00:26:10,802 --> 00:26:13,972 Like you have the whole multi sig thing, you have different parties 508 00:26:13,972 --> 00:26:16,332 involved, then you have a problem with one of them or two of them. 509 00:26:17,662 --> 00:26:18,392 How do you deal with that? 510 00:26:18,592 --> 00:26:19,442 One of them disappears. 511 00:26:19,462 --> 00:26:20,672 The other one doesn't want to talk to you. 512 00:26:21,122 --> 00:26:21,562 Now what? 513 00:26:23,499 --> 00:26:24,149 That's hard. 514 00:26:24,699 --> 00:26:24,999 Yeah. 515 00:26:24,999 --> 00:26:27,269 So if you have a multisig, you should probably have. 516 00:26:27,849 --> 00:26:32,189 Enough keys by yourself to, um, to be able to unlock your 517 00:26:32,199 --> 00:26:34,079 Bitcoin, without the third party. 518 00:26:34,169 --> 00:26:38,369 So if you have two out of the three keys yourself, that's better than 519 00:26:38,644 --> 00:26:39,754 yes, yes. 520 00:26:39,834 --> 00:26:43,214 Or deal with people that you know, have like, I don't know, like a 521 00:26:43,214 --> 00:26:46,004 99 percent chance of you never running into a problem with them. 522 00:26:46,064 --> 00:26:49,204 Like a mom or a dad or a brother or sister, like not a stranger. 523 00:26:49,294 --> 00:26:51,624 , unless you've known this person your whole life, type of thing. 524 00:26:52,634 --> 00:26:52,884 Yeah. 525 00:26:53,324 --> 00:26:56,254 So, this is a bit of a devil's advocate question. 526 00:26:56,294 --> 00:27:01,154 How, how can people know that the Bitcoin way is not biased 527 00:27:01,344 --> 00:27:03,904 towards a certain company? 528 00:27:03,964 --> 00:27:08,344 , how can the customer know that you haven't accepted a big bag of coins 529 00:27:08,344 --> 00:27:10,214 from one of these products that you 530 00:27:10,264 --> 00:27:12,024 Yeah, that's a very good question, actually. 531 00:27:12,064 --> 00:27:14,168 Um, we, we just don't. 532 00:27:14,218 --> 00:27:18,148 I mean, based on our recommendations, you can tell when we consult with 533 00:27:18,158 --> 00:27:19,798 someone, for example, they have nothing. 534 00:27:19,798 --> 00:27:21,108 They come to us with absolutely nothing. 535 00:27:21,108 --> 00:27:23,198 Phase one usually starts with the cold wallet. 536 00:27:23,728 --> 00:27:27,958 We have a whole list of cold wallets that we've tested and we recommend. 537 00:27:27,968 --> 00:27:31,128 , you can see from the list, we have like four or five really good ones. 538 00:27:31,238 --> 00:27:32,958 So we have no affiliation with anyone. 539 00:27:32,968 --> 00:27:34,888 The user can pick whichever one they want. 540 00:27:35,298 --> 00:27:37,508 They don't pay us to recommend their products. 541 00:27:37,918 --> 00:27:39,098 You pick whatever you want. 542 00:27:39,778 --> 00:27:41,248 When you have it, you call back. 543 00:27:41,298 --> 00:27:42,228 I'll help you set it up. 544 00:27:42,228 --> 00:27:42,908 Doesn't really matter. 545 00:27:42,908 --> 00:27:44,218 Same thing for all the products. 546 00:27:44,958 --> 00:27:47,168 So we are really like a neutral company. 547 00:27:47,298 --> 00:27:50,138 This is why, and when we intend to be this way, because we really 548 00:27:50,138 --> 00:27:52,318 want to focus on providing. 549 00:27:52,943 --> 00:27:53,573 The truth. 550 00:27:53,653 --> 00:27:54,913 Knowledge and truth. 551 00:27:55,033 --> 00:28:00,643 So we're not going to, sweep things under the rug to favor one person over another. 552 00:28:00,983 --> 00:28:06,753 If something needs to be said, then, , we will say it if it benefits the people. 553 00:28:06,803 --> 00:28:11,173 Bitcoin is for the people and we're here to ensure that everyone is set up 554 00:28:11,503 --> 00:28:15,343 properly in a bulletproof and airtight way from now to the end of time. 555 00:28:15,954 --> 00:28:17,044 Yeah, sounds awesome. 556 00:28:17,134 --> 00:28:19,484 Sounds like we should have a longer call 557 00:28:19,959 --> 00:28:21,079 Yeah, well, we could. 558 00:28:21,144 --> 00:28:22,704 without an audience someday. 559 00:28:24,249 --> 00:28:25,299 Absolutely, man. 560 00:28:25,339 --> 00:28:26,049 Absolutely. 561 00:28:26,951 --> 00:28:27,261 Yeah. 562 00:28:28,071 --> 00:28:32,284 As you know, both me and Luke have felt this calling as well. 563 00:28:32,284 --> 00:28:32,964 This is nothing. 564 00:28:33,714 --> 00:28:36,404 This is not something you choose to do because. 565 00:28:37,243 --> 00:28:38,123 for fun. 566 00:28:39,273 --> 00:28:41,273 I mean, it is, it is a calling. 567 00:28:41,483 --> 00:28:46,599 It is something that it's an outside force in a way that compels you to do these 568 00:28:46,639 --> 00:28:50,989 things because you've seen something, and you want everyone in the world to 569 00:28:50,989 --> 00:28:57,939 see it because you can see how much better a place the world would be if they did. 570 00:28:58,684 --> 00:29:00,604 , and then you just can't help yourself. 571 00:29:00,704 --> 00:29:02,214 It's too good to be true almost. 572 00:29:02,374 --> 00:29:05,644 And the more you try to debunk it, the more, the more convinced you get. 573 00:29:06,524 --> 00:29:07,344 Yeah, absolutely. 574 00:29:07,344 --> 00:29:10,524 I mean, you have to meet, people where they are , on this journey, there's no way 575 00:29:10,524 --> 00:29:15,514 you're going to shove, thousands of hours of research into someone in five minutes, 576 00:29:15,724 --> 00:29:17,624 that you just, met down the street. 577 00:29:18,174 --> 00:29:21,644 Before the Bitcoin way, I was orange pilling, People for 578 00:29:21,644 --> 00:29:22,854 three, four years for fun. 579 00:29:22,884 --> 00:29:25,504 I mean, I've, I've orange spilled maybe like a hundred 580 00:29:25,504 --> 00:29:27,154 folks, you know, just on my own. 581 00:29:27,154 --> 00:29:30,814 And these are a casual people, restaurant waiters, barbers, 582 00:29:31,454 --> 00:29:32,994 that, that type of individual. 583 00:29:33,274 --> 00:29:35,414 And it all started, with a fun conversation. 584 00:29:35,494 --> 00:29:35,784 And. 585 00:29:36,189 --> 00:29:39,069 The way I do it is that I actually show them how it works, 586 00:29:39,159 --> 00:29:40,319 without explaining anything. 587 00:29:40,319 --> 00:29:42,779 I'm like, uh, like the restaurant's usually like the easiest one. 588 00:29:42,779 --> 00:29:44,529 I tell people when you start in a restaurant, it's like 589 00:29:44,549 --> 00:29:45,819 your easiest playground. 590 00:29:46,309 --> 00:29:48,069 Tell them, okay, I'll give you, I'm going to give you your tip. 591 00:29:48,069 --> 00:29:48,699 I'll pay you in Bitcoin. 592 00:29:49,349 --> 00:29:50,199 Takes two minutes. 593 00:29:50,659 --> 00:29:51,469 They're gonna laugh. 594 00:29:51,489 --> 00:29:52,209 Some of them will be nervous. 595 00:29:52,239 --> 00:29:53,259 They have no idea what to do. 596 00:29:53,309 --> 00:29:54,349 They all have phones. 597 00:29:54,539 --> 00:29:55,439 Download the phone. 598 00:29:55,809 --> 00:29:58,049 I like to start them off with a non custodial phone. 599 00:29:58,089 --> 00:30:01,076 So, for example, Lightning, I download the Phoenix wallet. 600 00:30:01,076 --> 00:30:04,276 A lot of people, use the wallet of Satoshi, which is an excellent wallet. 601 00:30:04,346 --> 00:30:05,946 There's no denying that. 602 00:30:05,996 --> 00:30:09,746 But, from a Bitcoin principle perspective, , not your 603 00:30:09,746 --> 00:30:11,106 keys, not your coins, right? 604 00:30:11,486 --> 00:30:14,826 So, I want to get them off on the right foot. 605 00:30:14,826 --> 00:30:16,576 So, you start off with a non custodial lightning wallet, 606 00:30:16,576 --> 00:30:19,806 at the same time, two minutes, download it, send the funds, done. 607 00:30:20,686 --> 00:30:21,606 And they're like, what happened? 608 00:30:21,666 --> 00:30:22,756 And they look at the money like, ah, shit. 609 00:30:23,986 --> 00:30:24,866 What do I do with this now? 610 00:30:24,866 --> 00:30:25,706 That's the next question. 611 00:30:25,706 --> 00:30:28,806 Well, now you do nothing, you just leave it and I'll see you like in a 612 00:30:29,016 --> 00:30:33,096 few weeks and you'll see that this 10 or 20 now is actually worth more 613 00:30:33,306 --> 00:30:35,976 and then you'll understand why this is such a big deal, like you pique 614 00:30:35,976 --> 00:30:40,496 the curiosity that way before you get into, the heavy stuff, but it works. 615 00:30:40,576 --> 00:30:41,296 I mean, it works. 616 00:30:41,296 --> 00:30:43,056 There's folks that, believed in nothing. 617 00:30:43,056 --> 00:30:46,156 They thought it was all a scam and they just did it to entertain me, the client, 618 00:30:46,616 --> 00:30:50,446 but now sometimes I feel they're more maxi than I am, there are folks that 619 00:30:50,446 --> 00:30:52,726 started off with a 1 percent allocation. 620 00:30:53,226 --> 00:30:57,266 Now they're at 60 and that's with zero involvement from my end. 621 00:30:57,266 --> 00:31:02,406 These are folks that I bumped, into like months after the initial conversation 622 00:31:02,406 --> 00:31:06,596 and set up and they're like, Hey, look what I have, so orange pilling, , you 623 00:31:06,596 --> 00:31:08,046 have to meet people where they are. 624 00:31:08,926 --> 00:31:10,766 Unfortunately, I don't think. 625 00:31:11,461 --> 00:31:14,371 The majority will get it before it's too late. 626 00:31:14,914 --> 00:31:20,174 but that's because pain is usually your best teacher, at least in my experience. 627 00:31:20,234 --> 00:31:24,034 If you don't get destroyed and wrecked, you'll never learn or you wouldn't 628 00:31:24,044 --> 00:31:28,284 be open enough to understand that someone's actually trying to help you. 629 00:31:28,554 --> 00:31:31,084 You always, , come at it from, what's he trying to sell me? 630 00:31:31,084 --> 00:31:31,794 Is he lying to me? 631 00:31:31,794 --> 00:31:32,524 Can I trust him? 632 00:31:33,374 --> 00:31:39,504 Most instinctive human reactions are along those lines, so that's why I think most 633 00:31:39,504 --> 00:31:41,484 people, will have to go through the pain. 634 00:31:41,949 --> 00:31:46,086 Before they wake up, when my job is to make sure that that 635 00:31:46,086 --> 00:31:48,076 number is as low as possible. 636 00:31:48,704 --> 00:31:54,294 Yeah, yeah, I always say that take the orange pill now or be forced to 637 00:31:54,294 --> 00:31:56,344 take the orange suppository later. 638 00:31:57,154 --> 00:31:59,504 Because those are the only two choices you have. 639 00:32:00,509 --> 00:32:03,569 The suppository is the per is the perfect word for this. 640 00:32:04,159 --> 00:32:06,329 Because that's exactly where it's going to be. 641 00:32:06,329 --> 00:32:08,169 I mean, if you have kids... 642 00:32:08,230 --> 00:32:12,999 It's, it's your responsibility as a parent to at least consider 643 00:32:12,999 --> 00:32:15,809 this, what kind of role model do you want to be for your kids? 644 00:32:15,829 --> 00:32:17,359 You know, it's a deep conversation. 645 00:32:17,359 --> 00:32:22,569 Bitcoin opens up so many directions of conversations beyond the money 646 00:32:23,149 --> 00:32:27,909 that are all valid, and all center around something that is 647 00:32:27,969 --> 00:32:32,409 permissionless and trustless and cannot be manipulated by anyone. 648 00:32:33,042 --> 00:32:37,357 I don't know how familiar you are with my rants, but one of the points I always 649 00:32:37,357 --> 00:32:39,787 try to make is that you are your Bitcoins. 650 00:32:40,267 --> 00:32:44,047 Since Bitcoin is all about keeping a secret, since it's just information, 651 00:32:44,457 --> 00:32:48,597 the final resting place for every single Bitcoin is in someone's head. 652 00:32:48,657 --> 00:32:52,647 It needs someone's action and someone's deliberate. 653 00:32:52,944 --> 00:32:55,130 Brain movement to do anything. 654 00:32:55,130 --> 00:32:57,290 The bitcoins don't do anything on their own. 655 00:32:57,290 --> 00:32:59,430 And the same with the miners and the nodes. 656 00:32:59,760 --> 00:33:02,220 They're not the computer doing the calculations. 657 00:33:02,220 --> 00:33:06,870 The guy who chooses to buy the computer to run the software, to do the calculations. 658 00:33:06,870 --> 00:33:07,080 Right. 659 00:33:07,080 --> 00:33:12,205 So, at its core, bitcoin is a part of each and every one of us, and I find 660 00:33:12,205 --> 00:33:16,255 it so insanely fascinating when you start looking at it that way because 661 00:33:16,255 --> 00:33:19,925 you realize quite quickly that the two main things that Bitcoin does to 662 00:33:19,925 --> 00:33:22,845 people is that it lowers their time preference because they now have 663 00:33:22,845 --> 00:33:27,275 something that they know will keep its value over time in all likelihood. 664 00:33:27,665 --> 00:33:31,225 So they can feel more financially secured over time, especially if they're 665 00:33:31,225 --> 00:33:34,745 in a place like Lebanon where you lose money every day from inflation 666 00:33:34,755 --> 00:33:37,045 or true for every place, really. 667 00:33:37,315 --> 00:33:39,319 But, the other thing is that. 668 00:33:39,709 --> 00:33:43,609 As Bitcoiners, we're incentivized to help one another because Bitcoin 669 00:33:43,619 --> 00:33:48,369 succeeds faster if Bitcoiners succeed in whatever endeavors 670 00:33:48,369 --> 00:33:50,709 they're engaged in at the moment. 671 00:33:50,779 --> 00:33:56,505 So, if I help you and you help me, we help Bitcoin and we both gain from that. 672 00:33:56,875 --> 00:34:03,182 And that, to me, does something to Bitcoin companies because a fiat company 673 00:34:03,242 --> 00:34:08,682 It's engaged in free market competition and free market competition is good, but 674 00:34:08,682 --> 00:34:14,002 it can be, weird when you get lobbyists, lobbying politicians and people getting 675 00:34:14,002 --> 00:34:18,942 into artificial monopoly situations and, and it's a, you know, move fast 676 00:34:18,942 --> 00:34:21,302 and wreck things, uh, sort of situation. 677 00:34:21,722 --> 00:34:27,132 So, I view real Bitcoin companies as companies who get this, that they're 678 00:34:27,407 --> 00:34:32,247 all incentivized to help other Bitcoin companies and other Bitcoiners succeed. 679 00:34:32,537 --> 00:34:33,557 So how do you see that? 680 00:34:33,587 --> 00:34:36,947 Do you see a lot of collaboration down the line between the Bitcoin 681 00:34:36,957 --> 00:34:38,817 way and other Bitcoin companies? 682 00:34:39,287 --> 00:34:43,117 And I'm, of course, not talking about being biased and getting 683 00:34:43,117 --> 00:34:45,834 a ton of dollars from Ledger. 684 00:34:46,824 --> 00:34:48,614 That's not what I'm talking about here. 685 00:34:48,614 --> 00:34:54,277 But just in general, collaboration between all bitcoin companies on some level. 686 00:34:54,277 --> 00:34:57,260 Do you see that becoming more and more of a thing in the future? 687 00:34:57,740 --> 00:34:59,400 Yes, I mean, everything is possible. 688 00:34:59,410 --> 00:35:03,790 We are open to have conversations with anyone that wants to have them. 689 00:35:04,020 --> 00:35:07,710 We have our principles, though, that we are not going to, break 690 00:35:07,710 --> 00:35:09,340 or sway from for anyone. 691 00:35:09,420 --> 00:35:14,790 for example, we are not going to engage or support any project 692 00:35:14,880 --> 00:35:18,340 that, , does censorship on any level, that's a non negotiable thing. 693 00:35:18,340 --> 00:35:21,500 We won't, support any projects that voluntarily collaborates 694 00:35:21,500 --> 00:35:22,820 with chain analysis, for example. 695 00:35:22,830 --> 00:35:23,720 That's a no go too. 696 00:35:24,550 --> 00:35:30,790 We are pro freedom, pro The right to own your own time and energy. 697 00:35:30,970 --> 00:35:32,780 There's no gray zones about this. 698 00:35:32,790 --> 00:35:35,970 You know, you're either you're going to do it right or stay in fiat. 699 00:35:36,010 --> 00:35:37,850 There's no point, wasting anybody's time. 700 00:35:38,360 --> 00:35:44,290 We encourage companies to accept Bitcoin, and we encourage Bitcoiners to spend a 701 00:35:44,290 --> 00:35:49,350 small allocation of their Bitcoin holdings to support businesses that accept it. 702 00:35:49,580 --> 00:35:54,940 And I say this, specifically to fast track the normalization of Bitcoin. 703 00:35:55,350 --> 00:35:58,880 In the real world for everyday people, in the sense that, when Mr. 704 00:35:58,880 --> 00:35:59,940 and Mrs. 705 00:35:59,940 --> 00:36:05,370 Joe walk into a store, they need to see cash, credit card, Bitcoin, cash, credit 706 00:36:05,380 --> 00:36:08,260 card, Bitcoin, every single place they go. 707 00:36:08,450 --> 00:36:13,130 So they start thinking about it as money and not just this speculative thing 708 00:36:13,340 --> 00:36:15,750 that you're going to buy and hold and make you like a billionaire one day. 709 00:36:16,215 --> 00:36:21,712 , that's like a side effect of Bitcoin, but I want Bitcoin to become normalized 710 00:36:21,712 --> 00:36:25,082 in the world so that it becomes like electricity, like the internet, like 711 00:36:25,082 --> 00:36:27,072 it's something that's always been there. 712 00:36:27,239 --> 00:36:29,059 this is how Bitcoin wins. 713 00:36:29,569 --> 00:36:29,889 Okay. 714 00:36:29,889 --> 00:36:34,514 And the sooner we do this, the quicker we get to where we want to see 715 00:36:34,514 --> 00:36:38,644 Bitcoin in our lifetime., ultimately I'm convinced Bitcoin will become 716 00:36:38,914 --> 00:36:41,704 the global standard for everything. 717 00:36:42,344 --> 00:36:44,914 Now, if I want it to happen in my lifetime, there's a lot more 718 00:36:44,914 --> 00:36:49,134 people like myself that have to, do a lot of work in order to fast 719 00:36:49,154 --> 00:36:51,604 track that, that time timeline. 720 00:36:51,654 --> 00:36:54,777 Otherwise, , it'll happen, if you have kids and, , your kids, lifetime, 721 00:36:54,817 --> 00:36:56,057 maybe their kids, I don't know. 722 00:36:56,457 --> 00:37:00,797 But yeah, the more contributions we can offer the world in terms of 723 00:37:00,827 --> 00:37:02,242 Bitcoin adoption, we will do it. 724 00:37:02,642 --> 00:37:03,422 No problems there. 725 00:37:04,052 --> 00:37:04,762 Excellent. 726 00:37:05,342 --> 00:37:08,062 Luke, do you have any questions for Tony on your mind? 727 00:37:08,342 --> 00:37:09,589 Yeah, little bit of... 728 00:37:10,044 --> 00:37:15,554 Professional curiosity, actually, my fiat job, and for the foreseeable future 729 00:37:15,664 --> 00:37:17,894 will continue to be in, in cybersecurity. 730 00:37:17,914 --> 00:37:22,144 And so I'd like to hear about that part of your background and 731 00:37:22,154 --> 00:37:24,004 what that brings to your work. 732 00:37:24,349 --> 00:37:25,659 Uh, roll in the Bitcoin way. 733 00:37:26,659 --> 00:37:28,949 You mean like, , the security models that we implement? 734 00:37:29,329 --> 00:37:31,459 Yeah, I mean, we take security very seriously. 735 00:37:31,469 --> 00:37:36,799 Like for example, before even getting to the Bitcoin itself, we check networks. 736 00:37:36,829 --> 00:37:39,949 We can go as far as making sure, for example, that you have a good router in 737 00:37:39,949 --> 00:37:41,519 place, that the router's properly set up. 738 00:37:41,559 --> 00:37:45,929 Is your computer infected or susceptible to infection? 739 00:37:46,464 --> 00:37:47,694 , what do you have installed on it? 740 00:37:47,714 --> 00:37:48,274 Is it old? 741 00:37:48,274 --> 00:37:48,824 Is it new? 742 00:37:48,844 --> 00:37:49,774 What are you doing on it? 743 00:37:49,804 --> 00:37:51,024 You know, all of these things. 744 00:37:51,374 --> 00:37:55,824 We can go as far as to, minimizing the risk factor as much as possible 745 00:37:56,094 --> 00:37:59,764 even before getting to the Bitcoin because all of this ecosystem, 746 00:38:00,424 --> 00:38:01,814 all these elements are involved. 747 00:38:01,814 --> 00:38:03,784 It's not just a cold wallet and a node and that's it. 748 00:38:04,034 --> 00:38:06,264 Your cold wallet, your node, they all go through a router 749 00:38:06,294 --> 00:38:07,264 to go through the internet. 750 00:38:07,264 --> 00:38:09,824 So if those are compromised, then you possibly have a problem. 751 00:38:10,224 --> 00:38:13,644 If your computer is compromised with like malware or virus, 752 00:38:13,684 --> 00:38:14,604 , then you have a problem. 753 00:38:15,434 --> 00:38:18,594 A big thing that a lot of people don't even know is a risk. 754 00:38:19,064 --> 00:38:21,434 These are the actual cables that they use. 755 00:38:22,354 --> 00:38:25,154 Did you know that there are cables that are infected with malware? 756 00:38:26,074 --> 00:38:31,044 So you can buy a USB cable, regular looking cable, looks no 757 00:38:31,044 --> 00:38:32,994 different from an infected one. 758 00:38:33,454 --> 00:38:36,664 You plug this into your computer, your computer's done because 759 00:38:36,674 --> 00:38:38,894 this cable contains a web server. 760 00:38:39,149 --> 00:38:43,129 Which allows a remote hacker to execute scripts to do absolutely 761 00:38:43,199 --> 00:38:46,979 anything and everything they want on your machine without your knowledge. 762 00:38:47,699 --> 00:38:48,139 Okay? 763 00:38:48,539 --> 00:38:50,669 Most people have no idea this even exists. 764 00:38:51,729 --> 00:38:52,579 I check for it. 765 00:38:53,189 --> 00:38:56,949 They think I'm crazy, but you know, once we find something, 766 00:38:56,949 --> 00:38:57,989 then they're like, what the hell? 767 00:38:58,019 --> 00:38:58,969 Where did you buy this from? 768 00:38:59,159 --> 00:39:01,839 Well, I bought it from some cheap vendor for 2. 769 00:39:01,839 --> 00:39:01,849 99. 770 00:39:01,849 --> 00:39:03,169 I'm like, ah, there you go. 771 00:39:03,709 --> 00:39:04,379 That's why it was 2. 772 00:39:04,379 --> 00:39:05,019 99. 773 00:39:05,019 --> 00:39:07,819 It's because you were worth more than the cable. 774 00:39:08,489 --> 00:39:12,049 So, all of these details we think about. 775 00:39:12,789 --> 00:39:17,009 Anything that has to do with Bitcoin, for example, and this is where, by the way, 776 00:39:17,009 --> 00:39:20,679 here's a shout out to CoinKite because I think they do a really good job at this. 777 00:39:20,759 --> 00:39:24,329 When you buy something from CoinKite, they wipe your data after 30 days. 778 00:39:25,314 --> 00:39:28,834 So when you buy something Bitcoin related from another 779 00:39:28,834 --> 00:39:30,594 merchant, do they wipe your data? 780 00:39:31,399 --> 00:39:32,289 Not necessarily. 781 00:39:32,289 --> 00:39:37,489 And the best thing that CoinKite brought, uh, well, whenever I guess they, they go 782 00:39:37,489 --> 00:39:42,239 to conferences and you can, can buy, uh, entirely KYC free, but they, they brought 783 00:39:42,509 --> 00:39:45,269 cold cards to Riga, Altecani Badger. 784 00:39:45,269 --> 00:39:46,809 And it was fantastic. 785 00:39:46,889 --> 00:39:47,229 Yeah. 786 00:39:47,604 --> 00:39:51,534 But you see, that's because I don't know if it's NVK was making the decisions, 787 00:39:51,534 --> 00:39:55,244 but their mindset is pure in that sense. 788 00:39:55,444 --> 00:39:58,334 We're very aligned in this in direction of the thought 789 00:39:58,394 --> 00:39:59,874 process behind these decisions. 790 00:40:00,544 --> 00:40:02,124 You know, like privacy is a big deal. 791 00:40:02,364 --> 00:40:05,434 So when you buy anything Bitcoin related from anyone, regardless of 792 00:40:05,444 --> 00:40:08,944 who it is, the merchant themselves may have a fantastic product. 793 00:40:09,034 --> 00:40:10,684 They could be the best people in the world. 794 00:40:11,044 --> 00:40:11,974 They get hacked. 795 00:40:12,430 --> 00:40:13,250 You're in trouble. 796 00:40:14,180 --> 00:40:18,351 And a lot of folks don't even think about this now because Bitcoin is like 26, 000. 797 00:40:18,351 --> 00:40:19,010 It's no big deal. 798 00:40:19,420 --> 00:40:21,390 When Bitcoin is worth a hundred million dollars. 799 00:40:21,740 --> 00:40:27,780 Let me tell you, every hack is a kill shot because it becomes very dangerous 800 00:40:27,780 --> 00:40:32,420 at that point because people are specifically after the asset and those 801 00:40:32,430 --> 00:40:37,430 that are hacking exchanges And doing, these things, they're not stupid people. 802 00:40:38,270 --> 00:40:42,200 They know exactly what they're doing, why they're doing it and how to get to it. 803 00:40:42,890 --> 00:40:45,550 So privacy is a big deal. 804 00:40:46,130 --> 00:40:50,000 And if there's a way to preserve your privacy or to protect your privacy, 805 00:40:50,090 --> 00:40:53,505 even as far as when you're making your purchases, we will find it. 806 00:40:53,895 --> 00:40:55,085 And we will advise you on it. 807 00:40:55,365 --> 00:40:59,145 And at the end of the day, it's up to you to either, take the advice or not. 808 00:40:59,495 --> 00:41:01,855 Obviously we don't compel anyone to do anything. 809 00:41:02,165 --> 00:41:04,055 We provide information. 810 00:41:04,959 --> 00:41:10,964 So, it's Is this the only way for Bitcoin to become more secure for 811 00:41:10,964 --> 00:41:13,344 the individual user in the future? 812 00:41:13,384 --> 00:41:15,434 To just listen to advice? 813 00:41:16,014 --> 00:41:19,214 Or will the free market take care of it sooner or later? 814 00:41:19,214 --> 00:41:23,164 Like, how do you see the future playing out when the world 815 00:41:23,164 --> 00:41:24,714 is getting hyperbitcoinized? 816 00:41:25,234 --> 00:41:28,654 Obviously a lot of people will lose a lot of coins, which is good for the 817 00:41:28,654 --> 00:41:31,314 people who still have their coins, because scarcity goes up, Uh... 818 00:41:34,890 --> 00:41:38,350 Still how far into the future do you think services like this 819 00:41:38,350 --> 00:41:40,080 will be needed, like forever? 820 00:41:40,080 --> 00:41:42,760 Or, um, is it a transitory phase or? 821 00:41:43,105 --> 00:41:47,645 Well, I, no, I think it'll, I mean, I think it'll be forever. 822 00:41:47,655 --> 00:41:48,745 you're dealing with money here. 823 00:41:48,745 --> 00:41:50,555 You're not dealing with a table or a chair. 824 00:41:50,555 --> 00:41:51,655 It's not a luxury item. 825 00:41:52,140 --> 00:41:52,680 Money. 826 00:41:52,790 --> 00:41:53,590 It's money. 827 00:41:54,020 --> 00:41:56,770 It's something that every human being needs. 828 00:41:56,950 --> 00:41:59,740 It's not something that it's an option for them to want to get. 829 00:41:59,780 --> 00:42:00,630 You have no money. 830 00:42:00,630 --> 00:42:01,170 You have nothing. 831 00:42:01,220 --> 00:42:01,870 You can't live. 832 00:42:02,420 --> 00:42:08,150 So securing those funds is going, always going to be an imperative thing to do. 833 00:42:08,250 --> 00:42:11,840 The notion of self custody petrifies a lot of people because 834 00:42:11,840 --> 00:42:12,920 they've never had to do it. 835 00:42:13,010 --> 00:42:15,800 Being your own bank, it sounds cool, but , for a lot of people, it's 836 00:42:15,820 --> 00:42:18,660 like, Wow, man, this is too scary. 837 00:42:18,910 --> 00:42:19,910 So they don't want to do it. 838 00:42:20,540 --> 00:42:27,470 And so, you have other services that capitalize on this fear by sort of 839 00:42:27,470 --> 00:42:31,260 like mimicking the conveniences of the traditional world into Bitcoin. 840 00:42:31,937 --> 00:42:34,187 And everything is okay as long as everything is okay. 841 00:42:34,687 --> 00:42:41,067 But as long as, as soon as something goes wrong, then people are like what happened? 842 00:42:41,417 --> 00:42:44,557 And then they automatically assume that Bitcoin's the problem. 843 00:42:44,557 --> 00:42:45,727 Look, it's a scam, it's a shitcoin. 844 00:42:46,927 --> 00:42:47,417 No, it's not. 845 00:42:47,437 --> 00:42:48,527 Bitcoin's not the problem. 846 00:42:49,137 --> 00:42:50,207 The problem is... 847 00:42:50,642 --> 00:42:55,812 You sacrificed responsibility for convenience and now you've paid the price. 848 00:42:56,682 --> 00:42:57,612 That's what happened. 849 00:42:58,588 --> 00:42:58,878 Yeah. 850 00:42:58,878 --> 00:43:01,308 Reminds me of the Benjamin Franklin quote. 851 00:43:01,368 --> 00:43:01,808 What is it? 852 00:43:01,848 --> 00:43:07,098 Any society that would give up , a little liberty for a little temporary security 853 00:43:07,138 --> 00:43:08,938 deserves neither and will lose both. 854 00:43:09,413 --> 00:43:11,483 100%, 100%. 855 00:43:11,993 --> 00:43:13,373 Self custody is not hard. 856 00:43:13,393 --> 00:43:14,343 It's just new. 857 00:43:14,583 --> 00:43:15,953 You know, like it's been said many times. 858 00:43:15,953 --> 00:43:19,513 I mean, if you drive a car, you're doing something way more 859 00:43:19,513 --> 00:43:20,923 complicated than self custody. 860 00:43:21,433 --> 00:43:25,593 But you're familiar with driving a car, but were you born a car driver? 861 00:43:25,593 --> 00:43:27,043 No, you had to learn it, right? 862 00:43:27,898 --> 00:43:31,518 So, how is that any different from learning to self custody your money? 863 00:43:31,518 --> 00:43:32,008 It's not. 864 00:43:32,478 --> 00:43:36,688 You just have to be willing to sit down, listen, and learn to protect 865 00:43:36,718 --> 00:43:38,828 something that you absolutely need. 866 00:43:39,298 --> 00:43:40,758 It's not an option. 867 00:43:41,028 --> 00:43:42,568 It's Bitcoin or slavery. 868 00:43:42,718 --> 00:43:44,888 You want to choose the convenient, convenience road? 869 00:43:44,898 --> 00:43:47,928 Well, you have many governments that will be more than happy to 870 00:43:47,928 --> 00:43:49,078 provide you that convenience. 871 00:43:50,048 --> 00:43:51,448 But that comes at a price. 872 00:43:52,375 --> 00:44:01,915 Yeah, it reminds me of that picture of a lion in a zoo, and a lion, a proud male 873 00:44:01,915 --> 00:44:06,445 lion on top of the, you know, the Lion King image was standing on top of some 874 00:44:06,445 --> 00:44:11,825 mountain being The King of the Sahara or , the king of the Serengeti is the word. 875 00:44:12,035 --> 00:44:17,015 And, , the lion in the Sioux being, uh, malnourished, but still 876 00:44:17,105 --> 00:44:21,835 able to survive because he gets a meal every day from his captors. 877 00:44:21,895 --> 00:44:23,155 But he's still behind bars. 878 00:44:23,155 --> 00:44:26,625 So you choose if you're a real lion or if you're a captive 879 00:44:26,625 --> 00:44:28,375 lion, that's the choice you have. 880 00:44:28,585 --> 00:44:29,575 You've seen the meme, I guess. 881 00:44:29,920 --> 00:44:31,260 yeah, of course, of course. 882 00:44:31,670 --> 00:44:35,050 I mean, people, need to understand what the word freedom means. 883 00:44:35,100 --> 00:44:39,770 Until you actually truly understand what it means and what it represents. 884 00:44:40,456 --> 00:44:44,836 This is why I go back to the whole: sometimes it takes extreme pain to slap 885 00:44:44,836 --> 00:44:48,816 you out of whatever coma you're in, to wake you up, so to speak, you know? 886 00:44:49,326 --> 00:44:53,036 And then once you get it, that's it, you're done, man. 887 00:44:53,236 --> 00:44:55,586 There's no way you're going back to the other side. 888 00:44:55,916 --> 00:45:00,296 And thankfully, there seems to be a lot more people that are getting it. 889 00:45:00,916 --> 00:45:05,876 And that's definitely a big step forward for humanity, because, the 890 00:45:05,876 --> 00:45:10,686 alternative to this is very dire, and I don't want to live in such a 891 00:45:10,686 --> 00:45:16,146 future, and I don't wish for anyone's kids to have to live in such a future, 892 00:45:16,396 --> 00:45:17,796 one that they have no control over. 893 00:45:18,981 --> 00:45:22,881 , no one has the right to dictate what you do with your life, absolutely no one. 894 00:45:24,976 --> 00:45:30,436 So, you obviously come from a computer security background, but what's 895 00:45:30,436 --> 00:45:31,866 your background with economics? 896 00:45:31,866 --> 00:45:35,166 Did you study any Austrian economics and praxeology and all of that? 897 00:45:35,351 --> 00:45:39,661 No, that's the funny part is that I hated those courses in, in, in college. 898 00:45:39,701 --> 00:45:42,111 The only reason I took them is because I was dating the 899 00:45:42,121 --> 00:45:44,661 teacher, you know, but beyond, 900 00:45:44,676 --> 00:45:45,406 ha, ha, ha, 901 00:45:45,771 --> 00:45:48,581 but beyond, but beyond that, I was never interested in them. 902 00:45:48,701 --> 00:45:55,941 But now because of Bitcoin, I'm far more informed and Interested and educated 903 00:45:56,001 --> 00:45:58,661 on the matter that I've ever been. 904 00:45:58,691 --> 00:46:02,881 I don't think what I know now, I would have never learned in school or college. 905 00:46:03,201 --> 00:46:06,821 I mean, there are some amazing folks that have written books, you being one 906 00:46:06,821 --> 00:46:12,571 of them that have taught me things that I would have never in my entire lifetime, 907 00:46:13,711 --> 00:46:18,551 thought possible for me to understand, and that deepens my conviction. 908 00:46:19,101 --> 00:46:23,141 into what I'm doing, you know, it solidifies the entire found, 909 00:46:23,191 --> 00:46:26,391 like the ground that I stand on when I'm doing this work. 910 00:46:26,391 --> 00:46:29,751 And when I'm helping others, when they come to the Bitcoin 911 00:46:29,771 --> 00:46:33,301 way, it's a really, it's a feel good mission more than anything. 912 00:46:33,728 --> 00:46:37,748 The show is also sponsored by Orange Pill App, the Bitcoin only social network where 913 00:46:37,748 --> 00:46:39,408 you can stack friends who stack sats. 914 00:46:40,008 --> 00:46:42,868 You can connect with your favorite Bitcoiners on the app, make local 915 00:46:42,868 --> 00:46:45,918 connections, and even connect with Bitcoiners around the world. 916 00:46:46,468 --> 00:46:49,968 You can see what's going on in your area and organize and attend local events. 917 00:46:50,408 --> 00:46:53,158 I've been to multiple events organized on Orange Pill App and they brought 918 00:46:53,158 --> 00:46:55,198 Bitcoiners together from all over. 919 00:46:55,677 --> 00:46:58,887 And now, with group chat, it's easier than ever to stay in touch 920 00:46:58,887 --> 00:47:00,207 with all your Bitcoin friends. 921 00:47:00,616 --> 00:47:02,806 The best part is you know it's high signal. 922 00:47:02,896 --> 00:47:05,886 There's no spam on OrangePillApp because everyone pays to be there. 923 00:47:06,096 --> 00:47:09,431 So download OrangePillApp on Apple or Android and start building 924 00:47:09,451 --> 00:47:10,751 your local network of Bitcoiners. 925 00:47:11,570 --> 00:47:13,170 Next up, The Bitcoin Way. 926 00:47:13,700 --> 00:47:17,010 Their mission is to onboard, educate, and remove barriers to 927 00:47:17,010 --> 00:47:18,620 taking self custody of your bitcoin. 928 00:47:19,170 --> 00:47:23,480 They cover everything from cold wallets to nodes, no KYC bitcoin purchases, 929 00:47:23,530 --> 00:47:25,960 inheritance planning, payments, and more. 930 00:47:26,490 --> 00:47:29,300 Whether you're new to bitcoin or you're an experienced bitcoiner looking to 931 00:47:29,310 --> 00:47:33,180 expand your freedom footprint, Or you know someone who this sounds perfect for? 932 00:47:33,540 --> 00:47:35,460 The Bitcoin Way has something for you. 933 00:47:36,100 --> 00:47:39,620 They have a skilled team, well versed in the Bitcoin space, and their goal is to 934 00:47:39,620 --> 00:47:43,510 make all the complexities of Bitcoin as straightforward as possible for everyone. 935 00:47:44,070 --> 00:47:46,570 And the best part is you can get started with a free 30 936 00:47:46,570 --> 00:47:47,750 minute call with their team. 937 00:47:48,270 --> 00:47:49,810 Go to thebitcoinway. 938 00:47:49,830 --> 00:47:52,040 com slash contact for more info. 939 00:47:52,640 --> 00:47:54,540 Our newest sponsor is Geyser. 940 00:47:54,870 --> 00:47:57,760 They are the portal to the creator economy on Bitcoin. 941 00:47:58,460 --> 00:48:02,180 On Geyser, creators can monetize their work through their communities 942 00:48:02,210 --> 00:48:03,830 in a social and engaging way. 943 00:48:04,210 --> 00:48:07,000 And supporters can send sats to their favorite projects. 944 00:48:07,447 --> 00:48:10,747 Geyser has also recently integrated with Zapps and Podcasting 2. 945 00:48:10,747 --> 00:48:11,207 0. 946 00:48:11,557 --> 00:48:15,107 So every Zapp sent to a Geyser address shows up on the Geyser page. 947 00:48:15,867 --> 00:48:17,327 We have a Geyser fund ourselves. 948 00:48:17,337 --> 00:48:19,497 It's the best way to support our show directly with Bitcoin. 949 00:48:20,507 --> 00:48:24,367 So whether you're a creator or a supporter, check out geyser at geyser. 950 00:48:24,367 --> 00:48:25,267 fund today. 951 00:48:25,729 --> 00:48:30,209 So do you have any book recommendations or content recommendations in Bitcoin? 952 00:48:30,662 --> 00:48:31,972 There's a lot of good books, man. 953 00:48:31,972 --> 00:48:34,972 A lot of people like to start off with, the Bitcoin Standard, 954 00:48:34,972 --> 00:48:37,102 Seyfeddin Amoussi is like, the go to. 955 00:48:37,102 --> 00:48:39,002 There's a lot of people that start off with that. 956 00:48:39,012 --> 00:48:41,632 For some reason, it resonates with them, but, there's Jeff 957 00:48:41,672 --> 00:48:43,032 Booth's, Price of Tomorrow. 958 00:48:43,442 --> 00:48:44,522 There's a lot of stuff out there. 959 00:48:44,522 --> 00:48:48,222 I mean, I don't recall them all by hand now, but I do a lot of reading, 960 00:48:48,232 --> 00:48:50,112 on my own whenever I have the time. 961 00:48:50,142 --> 00:48:54,842 I listen to a lot of ... Good people on Twitter, to stay up to date, with 962 00:48:54,912 --> 00:48:59,312 those topics that were not necessarily my strong point with regards to macro 963 00:48:59,312 --> 00:49:00,882 and microeconomics and all that stuff. 964 00:49:00,882 --> 00:49:04,172 Sometimes even philosophy, like Robert Breedlove, I listen to him 965 00:49:04,172 --> 00:49:07,442 sometimes he brings perspectives that I've never thought of before, 966 00:49:07,452 --> 00:49:13,127 which are very insightful and useful, but also help us doing what we do. 967 00:49:13,137 --> 00:49:16,287 Sometimes you get a question that's not technical, based on, the knowledge that 968 00:49:16,287 --> 00:49:20,417 you know, you sort of like explain it in a way that The other individual, like it 969 00:49:20,427 --> 00:49:22,857 makes sense to them and you move forward. 970 00:49:22,857 --> 00:49:25,557 Like you said, everybody helps each other in one way or another. 971 00:49:25,567 --> 00:49:31,187 We primarily provide the tech knowledge about this, but our knowledge is 972 00:49:31,187 --> 00:49:34,717 coming constantly from all other people, from all different directions. 973 00:49:34,727 --> 00:49:36,877 We're not narrow minded just on the tech. 974 00:49:36,897 --> 00:49:40,887 No, we want to know everything about everything that has to do with Bitcoin and 975 00:49:40,887 --> 00:49:46,157 what we can do to accelerate its adoption and, keep contributing to it positively. 976 00:49:46,899 --> 00:49:51,386 so do you think people can get Bitcoin without first getting what's 977 00:49:51,856 --> 00:49:56,316 wrong with the traditional system and how they're being robbed by 978 00:49:56,316 --> 00:49:58,906 it, or is that a required insight? 979 00:49:58,906 --> 00:50:01,986 Like you said, you have to have the pain, like if you can understand 980 00:50:02,006 --> 00:50:04,626 how inflation is stealing from you. 981 00:50:05,056 --> 00:50:07,696 Is that, and how Bitcoin can't steal from you. 982 00:50:07,746 --> 00:50:13,986 Is that a required, insight to get Bitcoin at all in your opinion? 983 00:50:15,177 --> 00:50:17,667 It certainly helps make it faster and easier. 984 00:50:18,077 --> 00:50:21,897 If somebody's been completely wrecked, to explain why Bitcoin matters. 985 00:50:21,907 --> 00:50:24,187 But there are people that understand it. 986 00:50:24,197 --> 00:50:27,677 I've encountered many folks, that I've sat down with and explained it to them, 987 00:50:27,947 --> 00:50:31,621 but they were open minded to begin with, to hear what I had to say to, , and 988 00:50:31,621 --> 00:50:36,576 I show them like concrete examples as to why, what it is, what's it for, 989 00:50:36,666 --> 00:50:38,456 why the current system is no good. 990 00:50:38,631 --> 00:50:41,021 Why you need an option, and then so forth. 991 00:50:41,191 --> 00:50:42,001 Some people get it. 992 00:50:42,011 --> 00:50:45,171 Most people, unfortunately, they don't get it. 993 00:50:45,611 --> 00:50:49,571 And the sad part is that those that need it the most are the ones 994 00:50:49,571 --> 00:50:51,851 that don't take it too seriously. 995 00:50:52,211 --> 00:50:56,341 And by those, are usually high net worth individuals. 996 00:50:56,771 --> 00:50:57,081 Okay? 997 00:50:57,081 --> 00:50:57,741 Ironically. 998 00:50:58,621 --> 00:51:04,561 Because they're so rich that it's almost like a form of arrogance, I find. 999 00:51:04,571 --> 00:51:06,651 They feel so rich, like you're untouchable. 1000 00:51:07,751 --> 00:51:09,371 Come on, man, this will never happen to me. 1001 00:51:10,071 --> 00:51:10,481 Really? 1002 00:51:11,471 --> 00:51:13,431 There were people worth billions in Lebanon too. 1003 00:51:13,931 --> 00:51:16,771 That woke up the next day homeless, literally 1004 00:51:16,846 --> 00:51:18,356 you have, the more you have to lose. 1005 00:51:18,601 --> 00:51:19,791 yeah, yeah. 1006 00:51:20,151 --> 00:51:26,311 So, and another important thing, we take, by we, I mean people that are, in 1007 00:51:26,321 --> 00:51:31,411 financial privilege, take the fact that you can buy Bitcoin so easily for granted. 1008 00:51:31,471 --> 00:51:34,521 For us, it's like, we're investing for a better future. 1009 00:51:35,041 --> 00:51:38,161 So we can easily go, buy it off an exchange or you buy it 1010 00:51:38,351 --> 00:51:41,011 peer to peer, whatever the case, you have access to it easily. 1011 00:51:41,751 --> 00:51:46,911 So the people on this side of the planet are doing it as a 1012 00:51:47,221 --> 00:51:48,521 hedge against what's coming. 1013 00:51:49,271 --> 00:51:52,441 The other side of the planet is using it to survive. 1014 00:51:52,986 --> 00:51:54,106 There's a very big difference. 1015 00:51:54,706 --> 00:51:58,176 Bitcoin in certain parts of the world is literally saving lives. 1016 00:51:58,636 --> 00:52:01,766 They cannot eat, they cannot buy anything without it. 1017 00:52:02,916 --> 00:52:08,916 So, you have to keep a very, open mind about this, that yes, Bitcoin 1018 00:52:08,916 --> 00:52:13,586 serves many, fixes many things, but some people desperately need it. 1019 00:52:14,350 --> 00:52:19,690 Yeah, I know from personal experience, one of the things that happened to me quite 1020 00:52:19,690 --> 00:52:24,175 early in my, public Bitcoiner A career or whatever you may call it, was that I 1021 00:52:24,175 --> 00:52:29,615 got a letter from a guy who just recently fled Venezuela, and they thanked me for my 1022 00:52:29,975 --> 00:52:32,580 writings, had motivated him to do that. 1023 00:52:33,250 --> 00:52:37,850 So it was actually affecting a human being's life and, in some 1024 00:52:38,060 --> 00:52:42,570 way, shape or form help them escape a to totalitarian regime. 1025 00:52:42,570 --> 00:52:46,250 And that's was so empowering and such a holy shit moment , for me. 1026 00:52:46,670 --> 00:52:53,210 If it, it can just help someone somewhere, , a little bit that it has this cascading 1027 00:52:53,220 --> 00:52:56,830 effects that affects absolutely everyone on the planet in the end, and it's 1028 00:52:56,880 --> 00:52:59,870 just what an amazing time to be alive. 1029 00:52:59,920 --> 00:53:02,290 What an amazing thing to be a part of. 1030 00:53:02,330 --> 00:53:04,460 It's just completely. 1031 00:53:04,950 --> 00:53:08,390 Takes over your view of yourself and your view of the world. 1032 00:53:08,540 --> 00:53:09,710 And it's just beautiful. 1033 00:53:09,810 --> 00:53:13,565 You see the flaws in the, traditional system, and that's tragic and everything. 1034 00:53:13,565 --> 00:53:16,655 But the hope that this instills in people, it's great. 1035 00:53:16,925 --> 00:53:21,475 And to your point about the two sides of the planet, let's not forget that. 1036 00:53:22,255 --> 00:53:26,815 All the poor people in the world and all the people below the poverty 1037 00:53:26,815 --> 00:53:29,915 line, they can all accept Bitcoin for their goods and services. 1038 00:53:30,565 --> 00:53:34,035 And that's where the real magic happens when you start accepting 1039 00:53:34,035 --> 00:53:35,265 it for your goods and services. 1040 00:53:35,735 --> 00:53:38,675 That's where the real freedom comes in, right? 1041 00:53:39,085 --> 00:53:40,165 Yeah, yeah, absolutely. 1042 00:53:40,185 --> 00:53:43,435 If you see what's happening in, places like Nigeria, it's absolutely absolutely 1043 00:53:43,515 --> 00:53:45,185 mind blowing, how they're using it. 1044 00:53:45,635 --> 00:53:48,065 I didn't even know you could use Bitcoin without the internet. 1045 00:53:48,105 --> 00:53:49,135 I learned it from them. 1046 00:53:49,525 --> 00:53:52,145 When I found out that they can transact without the internet, I'm 1047 00:53:52,155 --> 00:53:53,665 like, hold on a second, really? 1048 00:53:54,085 --> 00:53:55,045 Then I looked into this. 1049 00:53:55,045 --> 00:53:56,555 I'm like, wow. 1050 00:53:56,605 --> 00:54:00,805 This is where, the need, like accentuates the functions and the 1051 00:54:00,805 --> 00:54:05,115 features and things that you've never thought, possible because you need them. 1052 00:54:05,575 --> 00:54:10,705 So when you say, do you think Bitcoin adoption is going to increase 1053 00:54:10,945 --> 00:54:11,985 the security and all that stuff? 1054 00:54:12,095 --> 00:54:15,835 I think absolutely it's going to do because once it becomes valuable and 1055 00:54:15,835 --> 00:54:21,845 becomes like a must have, there's going to be a much bigger army of individuals 1056 00:54:22,175 --> 00:54:24,325 that are going to stand to protect it. 1057 00:54:24,365 --> 00:54:27,345 It's not going to be left to a handful of speculative people 1058 00:54:27,445 --> 00:54:28,495 just to make money off of it. 1059 00:54:28,525 --> 00:54:33,075 No, this becomes, a lifeline, like the oxygen for life for a lot 1060 00:54:33,075 --> 00:54:38,915 of folks and There's going to be an army protecting anyone attempting 1061 00:54:39,665 --> 00:54:43,655 to do anything, to do something nefarious, to risk destroying it. 1062 00:54:43,795 --> 00:54:45,685 I'm 100 percent convinced of this. 1063 00:54:46,255 --> 00:54:50,325 And a hundred years from now, they will look back upon our generation and 1064 00:54:50,325 --> 00:54:54,805 possibly, hail us as the heroes, as, you know, came up with this and, had the 1065 00:54:54,805 --> 00:55:02,095 courage to stand up and put an end to the abuse that's been going on for decades. 1066 00:55:03,163 --> 00:55:04,383 since forever, really. 1067 00:55:04,383 --> 00:55:08,163 I mean, coin clipping has been around since thousands of years. 1068 00:55:08,553 --> 00:55:13,913 Uh, inflation has always been in every monetary system. 1069 00:55:13,923 --> 00:55:17,103 Money needs to have a cost, a production cost. 1070 00:55:17,103 --> 00:55:18,363 Otherwise, it's not money. 1071 00:55:18,413 --> 00:55:19,663 It's bullshit. 1072 00:55:20,563 --> 00:55:21,293 Absolutely. 1073 00:55:21,353 --> 00:55:22,043 Absolutely. 1074 00:55:22,043 --> 00:55:25,803 And even simpler than this, the mere notion that somebody can decide 1075 00:55:26,103 --> 00:55:30,933 how you live your life and how you spend your money, that on its own 1076 00:55:30,943 --> 00:55:35,483 must be completely destroyed and never allowed to exist again, ever. 1077 00:55:36,023 --> 00:55:37,873 It just doesn't make any sense to me 1078 00:55:38,913 --> 00:55:40,073 tell that to a lefty. 1079 00:55:40,423 --> 00:55:46,163 well, you know, obviously a lot of people will disagree with me on that point, but. 1080 00:55:46,803 --> 00:55:50,023 No, but it's such a, it's such a simple thing to understand when 1081 00:55:50,023 --> 00:55:51,143 you really think about it. 1082 00:55:51,223 --> 00:55:55,253 Why is it that other people can decide for you what to do 1083 00:55:55,263 --> 00:55:56,693 with your life and your money? 1084 00:55:56,743 --> 00:55:58,283 Because your money is your life. 1085 00:55:58,313 --> 00:56:01,823 It's supposed to represent the scarcity of your lifetime. 1086 00:56:02,063 --> 00:56:06,113 Your time and effort, your energy, is supposed to be represented by this number. 1087 00:56:06,633 --> 00:56:08,663 And when the number can be printed... 1088 00:56:09,063 --> 00:56:12,993 At will by some, like, it's cheaper to write the word dollar because I 1089 00:56:12,993 --> 00:56:17,563 have to press six keys instead of just pressing enter, which is the 1090 00:56:17,563 --> 00:56:19,503 cost of, of producing new dollars. 1091 00:56:19,803 --> 00:56:23,413 So the word dollar is more expensive than a dollar to produce. 1092 00:56:23,723 --> 00:56:24,063 absolutely, 1093 00:56:24,143 --> 00:56:25,673 that should tell you something. 1094 00:56:27,463 --> 00:56:33,563 absolutely, but the thing is people need to want not to be abused, , some 1095 00:56:33,563 --> 00:56:37,303 people just don't care and it just blows my mind when I see them react 1096 00:56:37,313 --> 00:56:40,813 that way, I try to frame it in a different way for some folks. 1097 00:56:40,813 --> 00:56:44,253 I'm like, if I came up to you every day and beat the shit out of 1098 00:56:44,253 --> 00:56:46,853 you, how long would you accept it? 1099 00:56:49,098 --> 00:56:51,878 Like, , I beat you up on Monday, you go home and you cry. 1100 00:56:51,918 --> 00:56:53,958 I beat you up on Tuesday, you go home and cry. 1101 00:56:54,248 --> 00:56:56,388 For how long are you going to sit there and let me beat you up? 1102 00:56:57,568 --> 00:57:00,358 Well, some people are sadomasochists, uh, 1103 00:57:00,618 --> 00:57:01,068 Okay. 1104 00:57:01,318 --> 00:57:01,968 Okay, fine. 1105 00:57:02,478 --> 00:57:04,768 But, but, but most people aren't right. 1106 00:57:05,098 --> 00:57:06,368 At some point, somebody is going 1107 00:57:06,503 --> 00:57:12,743 people, apparently most people are, I'd say, since they accept the fiat system. 1108 00:57:12,823 --> 00:57:16,603 Well, in the past two, three years, a lot of things have been very surprising, 1109 00:57:16,603 --> 00:57:18,483 but yeah, I guess maybe you're right. 1110 00:57:19,063 --> 00:57:19,803 Maybe you're right. 1111 00:57:19,973 --> 00:57:23,013 And hopefully there's a large amount of people that. 1112 00:57:23,418 --> 00:57:25,488 Stop doing this to make a difference. 1113 00:57:25,518 --> 00:57:28,808 Which I think we just need to get to maybe, I don't know what, 10, 15 percent 1114 00:57:28,838 --> 00:57:34,678 Bitcoin global adoption and the whole thing, just goes nuts after that. 1115 00:57:34,731 --> 00:57:37,821 It'll become so huge, as it is that. 1116 00:57:38,016 --> 00:57:41,636 There's nothing else out there that you want to transact with, you know? 1117 00:57:42,456 --> 00:57:46,316 once you're in it and once you're in these circles and you hang out 1118 00:57:46,356 --> 00:57:50,516 with other Bitcoiners and you see the other side, it becomes blatantly 1119 00:57:50,516 --> 00:57:52,186 obvious that how much better this is. 1120 00:57:52,786 --> 00:57:58,406 It's just like life with or without the internet, but on steroids. 1121 00:57:58,466 --> 00:58:00,466 I mean, it's, it's way bigger than that. 1122 00:58:00,756 --> 00:58:01,926 So yeah. 1123 00:58:02,746 --> 00:58:06,626 Luke, do you have any more questions for, for Tony before we wrap this up? 1124 00:58:07,606 --> 00:58:11,816 Yeah, I, I think, you've given us a great picture of, well, first of 1125 00:58:11,816 --> 00:58:14,106 all, yourself and the Bitcoin way. 1126 00:58:14,116 --> 00:58:17,216 And I just like to hear a little bit about the practical side. 1127 00:58:17,226 --> 00:58:21,546 What happens if someone contacts you and, books a call, uh, 1128 00:58:21,676 --> 00:58:22,686 walk us through the process? 1129 00:58:23,236 --> 00:58:23,516 sure. 1130 00:58:24,236 --> 00:58:27,266 , first of all, we always offer a 30 minute complimentary call. 1131 00:58:27,336 --> 00:58:30,246 It's the first 30 minutes are free just to get to know you, see 1132 00:58:30,246 --> 00:58:32,726 what you want, where you are in this journey, and what have you. 1133 00:58:33,296 --> 00:58:35,836 If, if someone, just to give you an example, someone has absolutely 1134 00:58:35,836 --> 00:58:39,006 nothing, we obviously start with, an educational part, , just to make sure 1135 00:58:39,006 --> 00:58:41,576 that they understand what it is that, they're getting into, what they're 1136 00:58:41,576 --> 00:58:44,796 buying, and it's not something that they're going to buy at x to sell at y. 1137 00:58:44,966 --> 00:58:48,476 It's not why we Bitcoin, there's way more value in this than that. 1138 00:58:49,056 --> 00:58:52,906 Then we get them into stage one is usually a cold wallet. 1139 00:58:52,976 --> 00:58:56,096 We get them set up and configured properly with a cold wallet and, fully air 1140 00:58:56,096 --> 00:59:00,126 gapped, on that sense that we move on to the node, set that up, connect the two 1141 00:59:00,126 --> 00:59:02,206 together, make sure everything's working. 1142 00:59:02,546 --> 00:59:04,956 Set up wallets properly with desktop mobile. 1143 00:59:06,276 --> 00:59:10,456 Once that's complete and understood, we can move on to purchasing no KYC Bitcoin. 1144 00:59:10,466 --> 00:59:13,296 We show them how to do it, because obviously that has its value 1145 00:59:13,296 --> 00:59:14,686 and merits for obvious reasons. 1146 00:59:15,386 --> 00:59:18,086 We also offer inheritance planning afterwards. 1147 00:59:18,606 --> 00:59:21,056 And if they have a business, we help them integrate Bitcoin 1148 00:59:21,056 --> 00:59:22,286 payments into that business. 1149 00:59:22,346 --> 00:59:23,526 And we take it from there. 1150 00:59:23,806 --> 00:59:27,446 But fundamentally, we want to make sure that everyone at the very 1151 00:59:27,446 --> 00:59:30,576 least has a cold wallet, air gapped. 1152 00:59:31,196 --> 00:59:35,456 Connected to a node, which is a must, because if you're not fully sovereign 1153 00:59:35,456 --> 00:59:38,426 or private, if you don't have that node, there's no way around it. 1154 00:59:38,946 --> 00:59:41,936 Without it, you're leaving fingerprints of anything Bitcoin 1155 00:59:41,966 --> 00:59:44,986 that you're doing on somebody else's server, on somebody else's node. 1156 00:59:45,006 --> 00:59:47,396 So what you have, what you buy, where you buy, when you do 1157 00:59:47,396 --> 00:59:49,576 it, there's a trace somewhere. 1158 00:59:49,576 --> 00:59:52,656 If you don't want this, You 100 percent need to know 1159 00:59:52,656 --> 00:59:53,766 there's no other way around it. 1160 00:59:54,679 --> 00:59:55,509 Yeah, excellent. 1161 00:59:55,539 --> 01:00:00,419 And, and so you basically take, your customers from, zero or 1162 01:00:00,419 --> 01:00:02,809 wherever they are to self sovereign. 1163 01:00:02,809 --> 01:00:03,519 That's the goal. 1164 01:00:03,819 --> 01:00:07,119 Yeah, the goal is 100 percent self custody. 1165 01:00:07,659 --> 01:00:11,949 And, sometimes people ask us, do we hold backup keys and all that stuff? 1166 01:00:12,029 --> 01:00:12,859 Right now, we don't. 1167 01:00:13,009 --> 01:00:13,819 We don't do this. 1168 01:00:14,209 --> 01:00:18,629 I want to make sure that you know how to become a sovereign individual. 1169 01:00:19,019 --> 01:00:22,059 I don't think anyone's too stupid to learn. 1170 01:00:22,499 --> 01:00:24,589 They just have to want to take the time. 1171 01:00:25,299 --> 01:00:31,189 To learn, and we spend a lot of time and are very patient in the process, by the 1172 01:00:31,189 --> 01:00:35,819 way, I can sit down with someone for many hours and , it wouldn't faze me one bit. 1173 01:00:36,219 --> 01:00:38,619 I've consulted folks for hours. 1174 01:00:39,084 --> 01:00:43,464 Eight hours a day, on the same person because, they weren't a technical person. 1175 01:00:43,944 --> 01:00:47,924 They had many questions, some of them, many would consider, Oh my 1176 01:00:47,924 --> 01:00:49,504 God, how can you put up with this? 1177 01:00:49,624 --> 01:00:50,094 It's okay. 1178 01:00:50,104 --> 01:00:52,214 Nobody's born knowing everything. 1179 01:00:52,954 --> 01:00:57,324 But at the end of the day, that individual is fully sovereign. 1180 01:00:57,404 --> 01:01:01,064 They know how to send, how to receive an air gapped mode, 1181 01:01:01,194 --> 01:01:03,224 fully secured, fully private. 1182 01:01:04,014 --> 01:01:05,474 And that for me is a win. 1183 01:01:07,135 --> 01:01:07,915 Excellent. 1184 01:01:08,680 --> 01:01:13,460 Well, Tony, thank you very much for coming onto our show and, for all 1185 01:01:13,520 --> 01:01:18,400 everyone listening, go to the bitcoin way.com to find out more, about, how 1186 01:01:18,400 --> 01:01:20,260 to get in touch with Tony and his team. 1187 01:01:20,800 --> 01:01:23,295 And, , hope to continue the conversation. 1188 01:01:23,745 --> 01:01:26,825 Absolutely, it was, thank you for having me, it was a great call. 1189 01:01:27,480 --> 01:01:28,070 Likewise. 1190 01:01:28,070 --> 01:01:31,260 And, anything else you'd like to mention, any final thoughts anywhere else 1191 01:01:31,260 --> 01:01:32,950 you'd like to direct our listeners to? 1192 01:01:33,485 --> 01:01:36,365 Well, if anybody wants to find me, I'm very active on Twitter. 1193 01:01:36,415 --> 01:01:41,525 You can use my Twitter handle, the V4BTC, which stands for Victory for Bitcoin, or 1194 01:01:41,525 --> 01:01:45,415 the BitcoinWay, obviously, the BitcoinWay Twitter handle, we're also very active 1195 01:01:45,415 --> 01:01:46,965 there, the BitcoinWay underscore. 1196 01:01:47,575 --> 01:01:52,045 So, if you have any questions with regards to Bitcoin self custody, 1197 01:01:52,065 --> 01:01:55,655 security measures, best practices, tips, tricks, and all that stuff, 1198 01:01:55,705 --> 01:01:57,945 Feel free to reach out anytime. 1199 01:01:58,295 --> 01:01:58,955 Happy to help. 1200 01:01:59,689 --> 01:02:00,309 Sounds great. 1201 01:02:00,565 --> 01:02:03,705 thanks again for joining us, Tony, and looking forward to 1202 01:02:03,715 --> 01:02:07,065 following everything you're up to and going on this journey with you. 1203 01:02:07,825 --> 01:02:08,535 you very much. 1204 01:02:09,630 --> 01:02:11,100 onwards and upwards. 1205 01:02:12,645 --> 01:02:14,835 This has been the Freedom Footprint Show, thanks for listening. 1206 01:02:15,670 --> 01:02:17,460 So what did you think of that episode with Tony? 1207 01:02:17,820 --> 01:02:19,920 It was great to hear about his contribution to the Bitcoin 1208 01:02:19,920 --> 01:02:21,510 space through the Bitcoin Way. 1209 01:02:22,100 --> 01:02:23,270 What was your favorite moment? 1210 01:02:23,410 --> 01:02:24,080 Let us know. 1211 01:02:24,660 --> 01:02:27,640 You can send us a boostergram on Fountain, leave us a comment on YouTube, 1212 01:02:27,650 --> 01:02:29,420 or get in touch on Nostr or Twitter. 1213 01:02:30,100 --> 01:02:32,170 If you're watching on YouTube, don't forget to like the episode 1214 01:02:32,170 --> 01:02:33,320 and subscribe to the channel. 1215 01:02:33,810 --> 01:02:37,460 Our show's sponsors are Amber App, Wasabi Wallet, Orange Pill 1216 01:02:37,460 --> 01:02:39,750 App, the Bitcoin Way, and Geyser. 1217 01:02:40,270 --> 01:02:41,850 Check out their details in the description. 1218 01:02:42,870 --> 01:02:46,420 That's all for now, see you next time, and thanks for listening.