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educationSep 3, 20261:09:05

Guest: Bitcoin Won't Defeat Wall Street. It Will Absorb It | Nolan Bauerle (CountBTC)

About this episode

Q sits down with Nolan Bauerle (CountBTC) for a conversation that goes way past the price chart. Nolan's frame: the Iran war was decided the day Lloyds of London pulled war insurance, because the real fight was between physical energy delivery and the paper version of it (Brent, futures, risk premiums). Fiat is words. And the world is shifting toward something more symbolic, simpler, and physical.

From there it gets spicy. Politics as kayfabe, the Whitfield Diffie story about America being imperial and revolutionary at the same time, why Quebec is quietly what MAGA wants, and where the two of them part ways on Israel, lawfare, and whether Trump runs again. The through-line is Nolan's uncomfortable thesis for Bitcoiners who see themselves as pure revolutionaries: you don't beat Wall Street by nagging it into self-custody. You infect it, redefine its incentives, and separate money from state at the level of taxation and collateral.

Disagreement, history, and a lot of laughs.

Buy Bitcoin the only way that ends with the keys in your hands. bitcoinwell.com, promo code PODCAST. For larger purchases, meet a Bitcoin advisor at bitcoinwell.com/infinite.

Follow Nolan: CountBTC on X, Nolan Bauerle on YouTube and Rumble.

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Guest: Bitcoin Won't Defeat Wall Street. It Will Absorb It | Nolan Bauerle (CountBTC)

Bitcoin Well Podcast

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Bitcoin Well PodcastGuest: Bitcoin Won't Defeat Wall Street. It Will Absorb It | Nolan Bauerle (CountBTC). Machine-transcribed; use the interactive transcript above to jump the player to any line.

Hello and welcome to another episode of the Bitcoin Well Podcast. I am your host, Q. At the time of this recording, we have Bitcoin just above $77,000 USD. And I am so excited to be joined today by a good friend of mine, one of the best thinkers in this space, and I'm not going to count BTC himself, Nolan B. Nolan, how you doing, brother? I am enthusiastic about the future of humanity, a love life, things are going great. Well, right before we started recording and I apologize to those who were waiting in anticipation of our start time, but we were both discussing our frustrations with the tax code. And I figured I'd share this story with everyone rather than just amongst our private circle. But for those who are not aware, the United States has something called a jock tax. And the jock tax

is a result of Michael Jordan, I kid you not, flexing on the state of California, as he was beating the Los Angeles Lakers and the NBA Finals in, I think it was 1991, 1991. Yeah, I was first was magic versus him. Yeah. And he was mocking the state of California and Lakers fans like, how you get in excluded by taxes. So the state legislators introduced what they called a jock tax. So every single day that you work in the state of California, even if it's not your residency, you have to pay that daily incomes amount worth of taxes against the California income. I can't be constitutional. There got to be something, you know, not that we believe in the boomer paper work version of the world. And it's like it's illegal. Of course, it's about the constitution, right? But still, how do they get away with that? Like aren't there litigious athletes who are like, fuck you? I mean, it the, I think the the thread that I want to pull off what you just said is like, we just kind of blindly accept these things. Well, I guess the

government's going to pass a new tax law. And we like, sit here and act like that's a normal thing that that's just, you know, that's the way it is because that's the way it's always been. But it California has the one advantage in that it really is the most beautiful piece of state, maybe on earth. So that does give you a kind of, let's say, I don't think Mississippi get away with this, you know what I mean? No, I'm like, I would push back. But I understand it's crazy. Like, are you telling me that, you know, I can't understand how that baseball player, Otani, yeah, because that's what we tried to get away from. That's why he makes so little, right? He makes like a million bucks a year or something. Like the trick, the trick with what he's doing is the entire contract is deferred. So he's going to be paid for the next like 30 plus years. I don't know. I'm not a big baseball guy, but I do understand. Apparently he's not aware of the Toshinakamoto is though. I wouldn't exactly defer to Japan in 40 years for my income. No, but like the point is essentially like, if he, let's say he moves to Dubai where there's no income tax, when he's

collecting those deferred payments, he won't owe any taxes because that is his residency when he collects that income. So it's the job tax that made Otani do this must be? No, no, no, it's just, you know, because like this was always a, this was a selling point when I like, I love sports. I don't care if you don't like sports. Like it's something I enjoy watching. It's my form of escapism as everyone has their sort of cup of tea. But it's always something that is brought up when like teams from Florida or Texas are trying to convince a player from a California team like, hey, come play in Texas or come play in Florida because you don't have to pay a state income tax on this massive eight nine figure salary that we're about to pay you. So that was kind of like the pitch when he was leaving the angels from a lot of these other teams. It's like, why would you stay in California? Ignoring the fact that this is one of the best and most marketable markets as an athlete to live in. And that's why teams in Los Angeles and New York tend to attract those type of

players because it is like it is a 40 year contract or something crazy, right? It goes on forever. I mean, like again, not a baseball guy, but because the owner of the Dodgers bought my favorite team last year and now my favorite team is like coiled into this absolute chaos with the Lakers. We're starting to now like uncover like the dealings in these contracts may not have actually been legal. And so like, I could see a world in the next couple of years where it's like the entire Dodgers organization like, no, you have to get rid of a half of your team because you made a legal contracts and illegally structured these things. And Otani is such an anomaly because he truly does have a 120 million person local audience to himself, which is the islands of Japan. And so as I understand, all of his royalties and his advertisements and his, you know, it makes more than his baseball contract would make. So whatever billion he makes in playing baseball, he makes even more in Japan because he's not a normal player with a normal market. He's got an ethnic tribe that buys

anything he says is cool. And not only that, he's the greatest baseball player probably whoever lives, it looks like any player. I mean, I, one of my best friends, he went to Japan for his honeymoon. And he was, and he liked you walking around Tokyo. Otani's face is everywhere on everything. And sometimes, I'm sorry. The products that his name and face are associated with it, it's like, it goes beyond like the, the normal things we associate, athletes, he has his own skin care line. In what universe, of course, like, you know, it's a good looking guy. It's a great looking guy. Great looking man. And look, if you're girlfriend or wife or partner cares about skin care as much as mine does, like, you'll know that, you know, products out of Asia, like Korean sunscreen was like a big topic of conversation to the party we were at with a bunch of her friends and co-workers this past weekend. But I digress. I can, I could talk sports ball, like nausea, but what I really want to

talk about is where we find ourselves in, you know, fall of 2026. We are two years into the Trump administration. We are seeing Bitcoin start to recover, but we're also seeing, I think, some fractures in just the way the world has operated. This is something that you spoke about agnasium when we were together at Bitcoin magazine. I just like to get your perspective on what are the things that people are paying attention to that you think are irrelevant? And what are the things that people aren't paying attention to that you have your eyes fixed on? So what are we paying attention to that's irrelevant? You know, off the top of my head, you know, I'll even, I'll bring it back to your glorious homeland soon to be glorious homeland in Iran, which is I keep hearing people who are like, the Americans lost military bases. Therefore, they're losing the war. I've had this conversation with many people. And, you know, that to me is one of those things where

it's like how did we measure, you know, how many battles did George Washington actually win to win the Revolutionary War? He lost most of them, but that's not really the factor here. Losing bases that are obsolete and don't make sense anyway because all wars going to drones or space means that those old 20th century military bases and those nodes and that network are just less relevant than they've ever been. And they're probably being sacrificed. I don't think they're ever planning on moving back to them. I don't think they ever want to use them again. You know, and then flipping that to me, the war in Iran from the very beginning has really been about this distance or this difference between actual delivery of energy and the fake paper version of energy. And as we've seen over time, or moves in Iran and the fake K-fabe wrestling of the Middle East that's been going on for a generation was really about having a control lever on the price of oil, not on the physical delivery of the price of oil, but on the futures market, which is really

flowing from the insurance premiums that were all set by loads of London. To me, this war in Iran was over and done with and the whole story told day one. When loads of London canceled war insurance, war insurance. Imagine they canceled war insurance in a war, which obviously doesn't make sense. Why did they cancel the war insurance? Well, the truth is they were no longer getting fed information and the risk premium that they would normally get from their neighbor, Lloyds of London. I'm sorry, their neighbor MI6, the deep state CIA version of what's going on in London. So those guys have been sharing information from the very beginning of insurance and war insurance and all that stuff. And on top of that, you had the paper trade of oil really sent set by the Brent British price of oil, which was not really physical delivery. So the whole point of the war was to bring true price discovery of oil to American physical delivery of oil, get rid of the insurance companies that were there and really turn delivery of energy into the

main barometer to understand global benchmarking of prices and energy and all of these things. So to me, it's those two things at once. It's this transfer from a world of paper, talking words. You can see it even with Carney yesterday, right? You know, these people think in words. Fiat is words, right? It's word money, Fiat declarations words by government in a top down structure using the risk premium from oil, the manipulation of those markets, centralized broadcasting, all of those pieces. That's not really what's working anymore. Carney yesterday said, we won't fight with memes. Well, memes are just an efficient form of transferring information from one person to another. And that's where this world is headed. We're going into a much more mimetic, much more symbolic, much simpler world, weirdly simpler world than what we came from, which is all of this Wall Street entanglements, this very difficult to decipher the architecture

because it's so deceptive. So this is a huge transfer into the real physical economy. That's what they're talking about in the G20. That's what Bessent has been talking about. That's what you're seeing sort of around this pivot in the world. And Iran is going to do well in this new world. That's why this is a place with a lot of high IQ people and a lot of energy. And that's really where the world is headed. The certain aspects of what you're saying, I can fully understand and appreciate and agree with to an extent. I do not think that a military base getting blown up in a foreign country means that one side is one or lost the war. Where I think I disagree with you is like the larger picture of what's happening to your point that war is words and or fiat is words, where we are, it feels like we are in a very strong shift out of this realization and understanding

that America has this like strong military power, what we say goes when in actuality the United States has not won a major conflict since World War II. We have repeatedly sort of stepped away from battles without very clear victory. And at the same time, you're starting to see our alliances throughout the Middle East start to question like what is the point of this? If you're telling me that all introducing US military bases on our soil can do is lead to our own citizens potentially being at risk of being bombed. We're starting to see I think a fracturing of this US supremacy and the other side of it and this is the larger concern I have like I am the first person to say I have never nor will I ever support the Iranian government. I have never believed that this Iranian government is good for the people. However, our actions have almost emboldened the Iranian government. We have given them almost the sense of credibility of strength of well,

look at that the strongest government in the world, the strongest military. We're going pound for pound of that. We can continue to do what we want. We can continue to operate as we see fit. I think as someone who has family who still lives in Iran, that terrifies me. That is the larger concern that I have. In the end, so I'll start with your alliances question. So I think the alliances are stronger than ever. The Abraham Accords are all about binding up the Middle East commercially so that they can't turn each other. It's sort of the McDonald's doctrine where you know two countries of McDonald's don't tend to fight because they both have these aligned interests. You know, take UAE for example. UAE is now an American states. They have sovereignty, they can pass their laws, they have a king and you know, whatever their system is. But truthfully now they left OPEC the same day they got the US dollar swap line and their currency, the Deram has always been a USD stablecoin. It's a peg to dollar and the peg can never break now because they have unlimited access to the printer. They can just open up the line with the Fed. And so in their own weird

carve out way, they are a 51st state, if you will. They have become an American satellite, an American vessel, whatever you want to call it, with tons of sovereignty. So I wouldn't call it a subordinate vessel. But economically speaking, they're now 100% aligned with America. Saudi, much the same, right? Saudi has a much bigger base. But Saudi now, it looks like America has created a new series of allies. Japan, Saudi, UAE, Venezuela, Argentina. America doesn't really need the old allies because the old allies are really what this war has been about. This war has been an intra-anglosphere civil war. This is all about the architecture of deceit that came out of legacy media, which came out of all of this deepstakes. They have the very reason why the American military hasn't won a war since they lost civilian control of the military with the assassination of JFK. We haven't had a civilian leader of the military since the 1960s. We've had attempts at it. Nixon tried. He got destroyed by these people. The fake news watergate completely fake story never happened.

Then Reagan, he was retarded. We like the guy, but he's retarded. He didn't really know what was going on. Then Clinton, I mean, Clinton was a chance, but Clinton unfortunately looks like the greed, whatever. I don't know what was going on in his head, but he had an opportunity to do a lot. Chose the China thing at the last minute. Terrible mistake for him. Then Bush, we don't need to talk about that. It's come back. Obama, just a pure creation of fiat. I am a great orador. I believe America. No one cares about the China anymore. It doesn't work. It's not persuasive. The guy can't fill a high school gym anymore. So you have Trump come along and Trump really is, I mean, I don't think we had civilian control of the military under his first term because he doesn't really control them. It's a lot like what's going on in Israel. A lot of people ask these questions. Why did Hamas, why were they able to attack on October 7th? He doesn't control the military. They laugh at

him. They hate him. It's not a country that has this uniform sense of what to do and how to act Israel like America has its own civil war going on. Like a lot of places heavily tied in with London. We all know London created Iran and created Israel. It goes back to World War I. It goes back to the US Revolutionary War. When the US Revolutionary War happened, the city of London took one look at America. They had one event that happened at the time that really sent alarm bells ringing in London in the 1770s, which was they hired the Hessians like a German, really where the Rothschild family comes from. This was an army for hire of a German prince. There's no such thing as Germany. Germany is a new country from 1871. They were German people and they were kingdoms with German kings and princes. Some of these guys sold their armies. They sent the Hessians to Long Island and they arrived in Long Island and they took one look at the wealth

that Americans already made for the average person, not rich people. They looked at the average Long Islanders house when they came to go raid and destroy and they went, no, no, no, no, no, no, we're not we're joining. Like this is not we're not fighting these people. This is what we want. So the British understood right away that this American system, which is the American style of colonialism, which is you go build it. It's yours. What are you going to do? We're not going to stop. We're not going to try and steal your shit and bring it back to London. You build it. It's yours. So the minute this happens, the British crown realizes they've got a real problem on their hands. I've tiger by the tail. And what happens next is France looks like they're going to do it. It looks like the king of France says, wait a minute, this American system will keep me in power. And so what do they do? They create fake news division. They create a revolution. Mary Antoinette never said anything like let them eat cake 100% fake news. She was a nice Catholic lady who wanted the best for a people. And then they go out and they do the Rothchild, fun Napoleon, fun the British, fun

both sides. And they start realizing that you can control the world by funding both sides and controlling the intelligence. And so this continues to the American civil war. Same idea. They funded the South, they funded division in America. And this continues to go forward. And you go to World War One, which is really a war about how to pay for war. And this is where they really get in cities because it was a surprise to the world that America would go on the side of England and the UK in the first world war. These were, I mean, this was America's enemy. This was Andre, the giant of Hulk Oak. And they wanted to kick their ass all day. They would never have gone to their aid. They would never gone to the imperial powers aid. That was not America's idea. America was against their form of colonialism. It was against extraction economy of Africa. Teddy Roosevelt spoke about it all the time. This was a problem. And so what happened was the Federal Reserve is created and the income tax are created as these ways of subverting this American system. And that's what we had. That's the moment at which America became subordinate to extra territorial

powers that aren't ethnic. People, when I say Britain or London, don't think of it as like an ethnic thing. They don't really give a shit about that, right? But you can see the insidiousness of it. Just the Iran Wars, a great example. When the war in Russia started, they had no problem making a brahmedvitch sell his soccer team. And then when the war starts, they're like, oh my god, what they have all this real estate. What are we supposed to do? Well, it was not hard when they had Chelsea. You figured that out at a night. You took his boats. You took his team. You made him sell his players. Why can't you do that to your Iranians because they're the same team? It was not supposed to go that way. So you're dealing with something that created the problems in Iran for the purpose of division, for the purpose of control. Israel was created at the same time. All of this stuff comes from that world. And I like to use the K-fabe frame, which is the wrestling frame, right? Which is, you know, when wrestling started as a sport and really took shape in the 1960s and 70s,

the performers of wrestling started creating like their own esoteric language, their own codified karni talk, which was K-fabe is one of the words, babyface and heel. K-fabe was the hypnosis they noticed that people went under in wrestling. Everyone knew his fake. I mean, I don't know if you liked wrestling when you were a fake, but when you were young, but when adults would tell me, you know, wrestling's fake because they always say that. And you're like, why are you so dumb? You think we don't know it's fake? Like any six-year-old can tell it's fake. We know it's fake, but we like it anyway. And so K-fabe is this suspension of disbelief that gets you instead of lecturing someone about a story, which people just turn away and turn off. You get them involved in the story, and they start shearing on the heroes and the archetypes. They start seeing themselves in the role. And that's how attention is really spread. And wrestlers just picked up on this just psychologically they noticed and they talk about that. That's why wrestling is kind of a it's a live sport. And the referee is there judging the K-fabe. And if the K-fabe is high, he tells them keep going, keep going, it's

working. It's working. It's working. They hate you. They hate you. They love you. They love you. And that's how wrestling goes on. So, you know, you hear people talk about Trump and 5D chess or 4D chess or whatever. Not exactly that. It's more like wrestling in K-fabe. And it's a fight. You can describe a fight in terms of chess moves and all that stuff, but that's not really what's going on. You've got skills and you've got abilities and you've got K-fabe and you've got persuasion. And you play the cards as they come in a fight. You just throw punches and do moves and hope you win. And that's kind of what's going on. Trump does have this K-fabe and has been able to use this psychological manipulation to mostly take control of the American military. So, we're probably at the closest moment where we've seen the American military apparatus actually back under civilian control. And along with it, you have Besen who really is a military general at this point because World War 3, the one we're all involved in, not really about hot war and beguns and missiles. It's a psychological and economic war. It is the K-fabe. It is the Legion. And the economics are underlying

all of it. As Bitcoiners will recognize in the beginning. Bitcoiners, almost the second or third meme you encounter as a Bitcoiner is that you're involved in this conflict. You're involved in Bitcoin fixes this. You're involved in the broken money apparatus that's misaligned incentives and created mental illness. Actual widespread mental illness, which is all around us with these fiat-sludge people. No, I think to your point, I came across this quote today and I was like, it's so accurate. I don't blame Trump for the situation we're in both economically as well as geopolitically. Nor do I blame Trump for where we are as a country in the United States right now because the truth of the matter is had Kamala won in 2024, the Democrats would be pushing for data centers and the Republicans would oppose it. The Democrats would be avoiding to release the Epstein files and the Republicans would call to release it. It's all this giant game of division to continuously have us running on the hamster wheel, allow them to operate as they see fit, then being the Zionist bankers

who try to control the masses with perpetual war, perpetual division while we continue to be ignorant to the larger things at play. Even the politics that we've all been saturated in, and we are literally saturated in politics and that's where a lot of this mental illness comes from, from the Bolshevik revolution, this right left fake binary, fake prison of two ideas is what Greg gutfeld describes it as. Capitalism and communism are not the two only options, they're not even close, they both suck actually. The American system is really about building for people. Here you can see behind you, this is Quebec. Quebec is everything MAGA wants. Magga people will tell me, I love the MAGA people, we love them, right? They'll say, how do you live in a socialist shithole like Quebec? And I'll say, well, socialist, what are you talking about? That's not what's happening at all. Quebec has a sovereign wealth fund, a massive sovereign wealth fund, one of the biggest on the continent, $600 billion. They've got a public utility for electricity. We pay like five cents

of kilowatt industrial energy costs. We have so much electricity, so Quebec is rich like Texas. Now we fudge the numbers in Canada to make us look poor so we can rob Canada all the time. But truth be told, Quebec is by far the richest states on the continent. Now I'm not talking about Quebecers having the most money individually. We haven't produced the most millionaires or billionaires or anything like that. But when I go out on the streets here in Quebec, I don't see mentally ill obese people. I'm not trying to fact shame anyone, but that's just not what's around Quebec. I go around everybody's fit. Everyone can pay their bills. They're eating healthy. We don't spray our crops with glyphosate here. You don't have any of those incentives like where they only part that doesn't do the glyphosate and the whole continent. We are really good at selling these stuff. Yeah, yeah. We know. I mean, that's partly why I live in this part of the world in Vermont, in New England, in Quebec, is because I probably have access to the greatest groceries on the continent. Then it's not even close. I'm sure I do. And so it's a factor that can't be discounted because

Quebec is neither capitalists nor communists. It's for Quebec. And Maga is literally just trying to create the same thing. They're trying to copy Quebec's model. They want the sovereign wealth one. They want the cheap electricity. The American system, the Hamiltonian system, the Henry Clay system is that version of America where you build stuff that's good for everybody. It's the Hoover Dam. It's what America used to be great at. But when they became this fiat dominated country and the Federal Reserve was instituted. And we had the beginnings of all of this income tax. That's what was taken away. It's all wall street now. It's all tech bros. And I don't have time for that part of the Republican world, the Maga world that are like take your data centers and shove it asshole. Even what Trump said the other day about you're going to be poor or something if you don't have them. He's not really getting the messaging right on that. The messaging on that is we're going to pay your income tax. We're going to pay your property tax. We're going to build parks. We're going to Carnegie library the shit out of this. The Carnegie library model, everything that

happened before the Federal Reserve. Just look the best things we have in America. The best parts, the most beautiful parts of New York City, the brownstones, the urban scale of lower the midtown, you know, lower east side and downtown and FIDI. All these parts, this is the best parts. And these were built without income taxes, without any of this stuff. This was just built spontaneously through wealthy Americans, the Carnegie library infrastructure. That's what the world looks like more on a Bitcoin standard. That's what the world's going to look like more as the psychology, the psychological engine of Bitcoiners continue to take over the American system and inform this point of view. Because all these AI guys, they're really, you know, these are Bitcoin mining operators that are building all these hyperscalers to begin with. We gave the AI data center thing a 10-year head start. And now you get all these political people joining in and they don't know what the fuck's going on. And they have the dumbest talking points ever because they're hiring the same old

stupid PR agencies. If we don't do it, China will do it. You think anyone cares in America what China's doing and if they make money or not? We don't give a shit. Let them make fucking money. Who cares about China? People who want America to work. They're not concerned about China doing things first and this and that. So that thing doesn't work. So what is it going to be for Americans? What's it going to do for Americans? I think the good news about this midterm coming up is you're going to have a lot more focus for once. I hope on the American people on both sides. That's what we're hoping for. And you know, Mombani in New York is a sign of this, right? Mombani is not out there selling you know, crony capitalism or hardcore communism. That's why he's resonating. He's just talking about, you know, hey, I don't think Ren should be that high. You know, now I think all his ideas are stupid. And I think he's very persuasive. But the reason for those reasons. It's funny because I straddle the Mombani of it all. I don't agree with anyone on Mombani.

I agree with you in the sense that 90% of what he says out of his mouth are not real. The idea of free state-run land. But I think there's a larger thing going on where it's like I also can appreciate and understand like no, a free state-run grocery store is like doomed to fail in so many ways that can be catastrophic. And like I don't want to see it done. At the same time, the current system we have in place is failing citizens. So I like was it Socrates or one of the great philosophers was like, oh no, it was Einstein. Insanity is doing the same thing over and over again and expecting a different result. So like I'm willing to at least you know risk New York City. I'm not going to risk Los Angeles, but I'll risk New York City to try something new. Like for example, the snow-shoveling thing. Yeah, that was great. People were exactly it was really like you're telling me what you would rather people just sit around at home and like maybe your block gets cleared up or

you know what the city is going to pay you 25 bucks. You don't need the 25 bucks. Who cares? You got off your ass. You went down on the streets. You shoveled snow. You participated in helping your community get better. You made money. What are you going to do? You're going to spend that money in your community. You will then grow the economy naturally. That was a good thing, but people were so upset over it. It's like let him try. Let him fail. Where did we go wrong in this country where we decided that oh, if you're going to try to do something we're going to tear you down. Like shot up. Yeah, the same thing was we took risks. It's the same reaction that early Dems had to trump just sliding themselves on fire and let the guy cook. I mean, yeah, I don't know. I don't know. I don't know. Yeah, I don't know the state run grocery works, but we have grocery co-ops here in Quebec and in this not in Quebec, but in the island of Montreal. And those are you buy a membership and then you get access to all these cheap shared farmer groceries and you know, it's implicit that if you're wealthy you shouldn't really go in there. It's not really for you. You can.

No one's going to stop you if that's how you want to do it. You can, but I don't know how well the model is doing and if they're subsidized or not, but I see healthy, not rich people go in and out of them and they seem to come out with the things they need and they look like healthy establishments. How can anyone have a problem with that? Like why not experiment with the model when it's not working. And maybe there is something in there that'll work. Now, I agreed. I don't want them putting them out of business. That's unfair advantage blah, blah, blah. But we get a long fine here in Quebec. No one's gone bankrupt because people have co-op grocery stores. Never happened. Now, of course, a lot of people who are not smart, eating fiat, sludge food their whole life, they still want the pop tarts and are not going to the co-ops because it's only healthy food. So it is a certain strata of society, but so be it. Let's help them too. Why do we? Why do we? Why do? Why is it have to look a certain way in order to get your empathy and sympathy? Let them cook.

Yeah, except I do think that for those people, let them be cake. You want to poison your body fine, but don't make me do. I have such a problem and I don't care. This is probably my most conservative take of all, but I have a problem with if I am funding you, you live on food stamps. I believe that when I have moments where I am now, I have a job, I have a good income, I have a good savings. I will, if there's a gas station down the street for me, homeless people hang out there all the time. I won't give them cash, but do you want to bottle the water, do you want to snack? I have the ability to do that. That is my choice. I'm not doing it because I'm not holding a gun to your head or my neighbors had me like, you should also do it. That is my choice. That is, I don't know, how I was raised, what just felt right to me to pay for. I think the Maha movement will outlive the Maha movement for that reason because it is a reasonable middle ground in that level.

When Kennedy came out and offered those cooking courses with Chef Andrew Grool in LA, the great Chef Andrew Grool, he had CNN running hit pieces where they were making burgers or something, but then they counted every condiment as if you had to buy the whole bottle and not use a nickel worth of ketchup or a nickel worth of mayonnaise. They're like, look at Kennedy's burgers. It costs some $45 to make burgers. It's insulting to American math and it's not trying to help the problem. Like, who believes a burger made at home costs $45, get you by fresh mayonnaise and fresh ketchup? No one believes that. Everyone knows you can scale and deal in proportionality. Again, I believe the focus on health is probably the thing that can bring Americans together more than any other political conversation out there. Health and electricity in the end. Yeah, it's funny. First off, we are over halfway through this podcast. I should remind everyone if you want to buy Bitcoin at the

only non-custodial exchange that operates in the United States. We operate in Canada all over the world. Go to Bitcoin. Well.com forward slash sign up, use promo code podcast. Nolan, this conversation just reminds me how much I miss getting to talk to you regularly because this is a lot. We need to get to do it every day. Remember the old one? I know. I just read it all day. But again, to bring us back, because honestly, if you were expecting us to talk about Bitcoin and say that because of the thumbnail, I apologize. We're probably not going to get there. This is way more important. But again, I just want to kind of go back to this point of like we, like, sadly, have created what in turn is like the best form of reality TV in my opinion. Like, my girlfriend has gotten me into the real housewives, but I have gotten into her into politics. And like, the political machine is the best form of reality TV in this country, sadly. And yet, we have this illusion of democracy as George Carlyman said, you go to basketball, Robbins, you have 31 different

ice cream flavors to choose from. You have, you go to the grocery store, you have 500 different bags of chips to choose from. But come November, you'll have two choices. That isn't democracy. That is not freedom of choice. Like, we are told it's either red or blue, they're sort of that. And as someone who is a registered Democrat, like, I have dismissed myself from the party more and more, because for the last three presidential election cycles, the party that's named is rooted in democracy did not use democratic process to give us the candidate from that party. They just are Bernie would have beaten Trump in 2016 as 100% a 100% 16 fan of Trump. I said, if Bernie wins, he can't beat him. He's given Larry. I said, please let them cheat. And they did look. But 1022 in 2023 had Kennedy, even on the ballot as a Democrat in 2024. He's the president of the United States today. I think Kennedy has done. Kennedy is like, he gets a lot of flag for all

the recalls, which like, bro, like I didn't eat salad for a month. And like, my body felt weird. I don't care. Come at me, bitcoins, who are carnivores. Like, I need a salad every now and then I, I'm sorry. I don't look this good because I eat like garbage. Like I look this good because I eat good. The skin is looking real good. The skin is looking real good. Thank you. I'm on three in products. But like, I like, I agree with you. I felt like if the dams had given RFK junior a chance to like go up again, it's tried in. You don't want them to know. Not even Trump. Like just have a proper democratic process, a proper primary process. We could have seen something different. And I will die. I will die on this hill that if Bernie was the candidate in 2016, you can look all of the jurisdictions in Pennsylvania, in Michigan, all the battleground states that Hillary lost a Trump, all of those districts that were historically blue that voted for Trump in those primaries, they voted for Bernie. They went from Bernie to Trump because the dams

took them for granted. They just assumed that, oh, they're going to keep voting blue. They were in the U.S. P. tips. They're doing it. They're doing it. She's probably if she, if it was a free and open thing, there's, I can't see any way she would lose the primary at this point. This is, I think she's credible persuasion. I'm not a fan of her Paula, but I won't sit around and say, she's dumb. Did you hear what she said? She's so stupid. I'm not going to do that. Okay. She is very effective, very persuasive. She would win in a heartbeat, but go and look who's in her leadership thing. It's all Bernie bros. I don't think they get a free ride. I don't think there's going to be the Obama's, the Biden, whatever, Kamala people, Hillary people, whatever factions are still going. I don't think she gets to ride into the win. I think they'll do what they can to cheat again. Do you, let me ask you this, do you think Trump will run for the third term? And I asked

this because I was just home over the weekend and I saw someone in an affluent neighborhood having a Trump 2028 flag. And I'm sitting here like, what, what is going on? Well, it's, so it's mostly a troll, right? We know he's the greatest troll ever. But I will say, this is what I'll say. If they keep saying they're going to throw him in jail again after the terribleness and the mistakes they should have learned last time with the fake trials and the fake law fair. If they keep going on television and say, we're going to fucking put them in jail. We're going to fucking, and I don't want to hear about the shit coin and all that shit, okay? Because that's barely criminal. Barely. I don't want to hear about it. Okay. If they keep threatening him the way they're doing without even a crime, we're going to find we're going to lock him up. He's a criminal. They're opening up the door. If they're going to be that undemocratic, let's say, just let, like, look, people like me after the last Trump administration on the last day when there was no Ross pardon, no Julian Assange pardon, people like me said the

following. And I was with them to the last day until we didn't get those pardons, whatever, January 20th that we didn't get the pardons in the last day. You'd be January 6th. That was the great. That was so much fun. As someone who went to school in DC, let me tell you that was the capital, like our capital building. And now that was that's that's amadeus. Meam. Love it. Love it. It wasn't up and all that stuff. You know that. It's not. It wasn't a real thing. Yeah. That's why I was in a layer. A layer of asylum. Absolutely. Yeah. At the same time, like the fact that we allowed that to be like that is the institution that creates laws in this country. Yeah, we're so far beyond the sanctimonious. That's all that's all gone. Like when they killed RFK, they killed JFK. We're not in that world. There's no more in this. I understand. I wonder school in DC for four years, like that. Like we feel like capital building. Like not real. You don't live in a democracy.

I understand those things now as a grown adult. Like as a like a bright, 20 year old kid about like like full of optimism and hope for the future. Like to me, it showed more than just, oh, we've lost the plot. Like we don't care. And that's that's the thing that bothers me. I think my issue and like I say this to my girlfriend all the time, it's like I don't like stupid people because stupid people choose to be stupid. They choose to not care. And I come from the school of Kobe Bryant where it's like the hardest quote I ever heard was like, be the best at whatever it is that you do. Like if you want to be a basketball player, be the best. But if you're a janitor, be the best janitor. Go in and have the thing. Whatever you are, be a good one. Exactly. And like we've as a country, we've just accepted like we can just phone it in because everything can be performative. We can like pretend to do these things. I don't I have such a problem with that. But like I said, we can't be we you shouldn't, you know, I don't

feel sentimental about a lie. So if someone, I mean, it got a magic lectern or something like the greatest nuclear power in the world doesn't like it's not capture the flag. You don't like get the nuclear codes because you got to a room. That's not what's going on. So the minute they sold insurrection, vandalism, sure. But even like so, you know, the last day is when I did abandon him because I didn't get the I didn't get what I wanted. Personal sovereignty and liberty being supported. And all I saw was the downside of Trump, which was the mental illness it caused because of TDS and how it riled up and crazy. It made everyone. And I was like, okay, well, if we're not even going to get what we want out of the craziness that he's causing, it's the laws and the funny watching people freak out and lose their minds. But Ross should have been part. So people like me were a hundred percent open to something else. Above Trump, I said, whatever the deep state threatened them with on his last day, I forgive him, but we got to try something else.

This might not be worth it. Like we might have a new way. So I was very keen on people like Kennedy when they came up. The only reason I ever went back to Trump is because of the law fair. If they wouldn't have done the law fair, I'm telling you, people like me were not coming back. But the minute they do a mug shot for fake this and fake the Mar-a-Law goes only worth 19 million dollars, what the fuck are you talking about? Like bungalow or 19 million dollars, you know what I mean? So the law fair is what created a research. And then of course he did do Ross day one, which was really what I wanted. Not day one. But still, you know, he still has not done Julian Assange, which I think is yeah, it's not just out. And he's not. Yeah, it's not just great. He's free. Oh yeah, it's not just free. It's at Snowden, he hasn't done. And that's the last one I want. Julian Assange got pardoned. I don't know about pardon, but no, you do it or whatever. He's on a job. He has not been pardoned. He's not allowed back. He's not allowed back in the United States. No, no, he hasn't. I'm trying to book him for events. I didn't know he's he's real. Yeah,

I used to get Julian through the family as we did at Bitcoin magazine, right? Right. He's not telling you right now. He's not you will get him virtually. You will not have him in but he's out of jail. He's not like he's not a wanted man and and any of that. It's sure enough for me. I don't know the paperwork and all that. I'm sure they were there. And again, I do not think that what Julie, I do not think what Ross did was criminal. Nor do I think what Julian Assange was criminal. I appreciate what Edward Snowden did. And while I don't agree with the laws, by the basis of the laws, what Snowden did was criminal. However, what he did was heroic for the for the American populace. Like he should be part. I'm a part. He should. Like, yeah, I'm like, to me, like those are American, like, yeah, Assange and his road in it specifically. Like love Ross, a corner, what Ross did was be here for Bitcoin. He was not a hero for the American people. When I was Sange and Snowden, dude, they are patriotic heroes. I will make sure that my

children and my grandchildren know what these men did and the sacrifice they made. But until they are allowed to set foot back on US soil, that is not for me, that is not good enough because they are more patriotic than I am. I'm aligned with that. That's fine. What I mean to say, though, is again, to go to the way the original question was about Trump third term. Just to show that the threats to manipulate the system against Trump are so blatantly autocratic, whatever you want to call it that it forces and shifts the window of what the other side thinks is acceptable. So just like the law fair made me, someone who said, well, I guess I don't I can't really care about the Julian Assange. Ross stuff first up, I can't let this happen because it's me in the end. You know, you get a visceral feeling as someone who supported a lot of this stuff. When Trump was arrested, I didn't know how I would feel about it, but I saw myself there.

And as someone you remember when the truckers were going on in Canada, we were online all day, I've already been declared a terrorist and I think I even said to you those days that I regret ever supporting anything like a Patriot Act when I said, oh, come on, we'll always know the difference, you know, terrorists and you know, Americans like, oh, no, and I'm so different. That's the difference. It's a white man who grew up and the brown man who grew up post-natal understood, understood, but I really believed that I would never be confused for a terrorist. I thought like I laughed at the idea. I laughed. And when the trucker thing happened and suddenly I'm sanctioned like bin Laden, like Osama bin Laden. That changes the world. Welcome. Yeah, exactly. It changes the world view. And you know, I've become, you know, I go to the Middle East all the time now. I've become a big lover of the Emirates, of Saudi,

of all these places, not something I never thought would happen in my life. I think I've been since Trump was reelected six or seven times to the Middle East. And you know, tons of friends and love it. Love that they're great American allies now and all the rest of it. But again, you know, when you're talking about what will happen with Trump 2028, just to say it's not the trolling as a part of it, but the incessant threats about throwing barren and jail and we're going to get Melania and the kids. No, all this all this stuff. It's these things that you change the conversation. Right. So it it again just goes back to like it is creating division. It is creating a narrative of distraction of like left first right blue versus red. And it's just going to be a tip for tag game. Like I'm with you of like I don't want to see the dams come into power and then spend all of their political capital and time and my tax dollars just going out for the Trump family. Do I think what the Trump family is done? I disagree with you. I think it's criminal. I think

they have operated with fraud. I believe they have broken many existing laws, not like made up arbitrary like you're going to an F1 race and handing out speeding tickets. But my point remains, it's like I don't want you to go after Trump because it becomes a tip for tag game. Like you know what? I'm going to say F you for the rest of my life to that family. Like I'm willing to move on. Let's move on and move forward because it's all I don't care about. I don't want to see a hunt or buy it and go to jail. I don't want to go buy the surgeons. I love the research. It's Hunter. Yeah. It's been a great. It's got skills. He's got skills. He's got skills. I saw it right away when when they subpoenaed him and he would go and I saw him do the press conference in Congress. I was like, wait a minute. You're not dealing with an idiot here. This is we might be confused because of the debilitating mental disease that Joe Biden got from old age. But even young Joe Biden had skills and you can see Hunter's got he inherited the skills.

So yeah, I don't want to but I've heard no one promise anything like that to Trump. So as long as I only hear people threatening to prosecute him, you know, and again, like I'm not sentimental about democracy, let's say, as a as a Bitcoiner that wants to separate money in state, I'm democratic in a fiat world because what other lever do you have against these money printing fucking zombies other than the stupid vote that's cheated and scammed and can't audit the election and whatever, but at least it's some input that maybe will change. But you know, truthfully, if America turns like Rhone did, you know, Rome's best days were the empire and America weirdly comes from this straight, you know, you know, the guy who invented public key cryptography. I got him Whitfield Diffie, right? So he's the guy who, you know, Diffie, Helm and Merkel. These guys came together and created public key cryptography. It was the original civilian invention in cryptography

since the bankers in Italy 500 years earlier. From that moment from the beginning of the nation state and the reformation and Martha Luther and the concentration of power in the nation state, cryptography became an exclusive field of military. It became an exclusive field of state actors. And it was so right up until World War II where it became even more explicitly so because Turing and the Enigma machine, the original computers, we call them computers are not word processors because they were there to compute big numbers for the purposes of cryptography. And so cryptography at the end of World War II explicitly became counted as a munition. It was illegal to produce stuff. It was illegal to export cryptographic ideas. When they invented public key cryptography, it's the first civilian invention, as I said, since the bankers in the Italian city states. And so we saw the commercial viability right away of cryptography. That's why corporations took over and made public key infrastructure the same stuff that's under a constant

threat to this day. But Bitcoin became the widest deployment of cryptography to individuals in history. And when this was just starting to take its momentum, there's this event in San Francisco every year called the cryptographers, the RSA conference. It's the biggest conference in cryptography, sort of the biggest internet security conference in the world. And in the end of the the end of the event, they always put Whitfield Diffie and Revea and Shamir and some of the big cryptographers on stage. And that year, if you remember in 2017, crypto had its first sort of coming out party in a market sense, right? We've known about Bitcoin the one cycle before, but it jumped back into the zeitgeist in 2017. And so they asked Shamir and Whitfield, if you would think about this crypto thing, not, you know, crypto currency, not cryptography. And the first guy, Shamir comes out the Israeli guy. And he says, well, if these Bitcoiners kind of decide if they've want to be a cipher punks or they want to be wild street people, they have to make a choice.

So it goes on this big thing that big coiners have to choose, right? If we want to be cipher punks or if we want to be wild street manipulators. And Whitfield Diffie stops them. He goes, whoa, whoa, whoa. You know, first of all, he does a nice bump of Trump. He goes, you know, I grew up next to whatever they say below the fold. I grew up next to Donald Trump in New York. And he's always going to be my homeboy. And so everyone in the audience was like, ah, and then he goes, and just like you're talking about Bitcoin right now, he says to this other Israeli cryptographer, he goes, um, America was born out of both an imperial nature and a revolutionary nature. America is both imperial and revolutionary simultaneously. And America never had to choose, he said they were always able to be both things at the same time. It goes back to sort of the esoteric, hermetic faith that, you know, Plato and before Christianity and Judaism. And you go back to the ancient Hermes trice magesitas. And he says very clearly there's no such thing as opposites.

And me, um, you know, all the world is psychologically says, but everything exists in binaries that are really just a spectrum of continuity. And so instead of thinking of black and white, it's really just extreme color and or extreme shade, I should say. Um, just like imperial and revolutionary forces are kind of the same thing. And so although there are opposites, he says it's not really the way to interpret opposites within this logic. And so what field if he said that about Bitcoiners? And so funny that when you think about Bitcoin and America and you realize how important it is that America and Bitcoin are now becoming fused at the core, that the destiny of America seems now to be bound to the destiny of Bitcoin and the destiny of Bitcoin seems to be bound to the destiny of America in that they're, you know, and weirdly, you know, that you have the the solstice, right, June 22nd and December 22nd. But that's not actually the moment at which the sun and the earth have their

shortest and longest distance is the perihelion and the aphelion. The tilt of the earth skews our understanding of the distance. The true measure of the distance, longest shortest between earth and the sun is actually July 4th and January 3rd. So Bitcoin's birthday and America's birthday sit at this exact six month interlude between them. And in so many ways they are now bound in this oscillation between revolutionary force and imperial power. This is where a lot of Bitcoiners are crashing out because they think Bitcoin is only revolutionary. I'm sorry, but that's not really what's happening here guys. Like the idea that Bitcoin is going to take over the world because a bunch of plebs held Bitcoin, the minute COVID came around and I said, I don't know about that guys. I see a lot of fucking dumb people out here and I don't know if they're going to be all help us. Luke is still wearing his retarded mask. So you had problems, right? And so what I saw

from there was the truth, which was Bitcoin is going to like a disease and affect the mind of Wall Street. And it's going to take it over. It's a mind virus. And so we're going to leverage the imperial power of Wall Street to destroy Wall Street. We're not going to let it stand the way it is. But we're here to take over Wall Street, not like fight against them. It's hard news for some Bitcoiners because their identity is this revolutionary thing. That's not really how we change the world. We change the world by absorbing Wall Street, redefining their wants, redefining their fears, redefining their incentive structure and aligning them with us. And the end people align with power. And that's the most persuasive frame we can have is the imperial power. Unfortunately for some people, it's hard to accept. So I agree with you that we've reached the point where Bitcoin will have to take over Wall Street. There's no other option around despite many people who I respect

in this space, who are a part of the Occupy Wall Street movement, where I think the mind virus has gone and where I have a larger issue. I was, you know, Mark Goodwin, our good friend from Bitcoin Magdaise. If you're not following Mark Goodwin, Nolan or myself, do yourself a favor and follow Mark and Nolan. Me, I'm just going to shit post, but I talk to Mark about this all the time. It's like, where? Like when did we like lose the plies, Bitcoiners, where we become these like status cucks who just sit there in any time of politician says the magic beware to Bitcoin, we're like, yay, we got another politician. Like this is this separation of money and state. And we sit here and act as though a politician is going to solve our problems. I'm curious why I don't care about the politicians. They don't, they're already one. They're done. I don't, I'm not interested in them. I'm interested in the imperial power behind the politicians, which was Wall Street and the oil companies and the energy companies. They are the ones who run the world. You know, you go think what happened in Ukraine. Like, you know, we didn't, we didn't like

the oil companies blew up the pipeline. I don't care what country did it. The oil companies said, well, we can give it, we're up. It's oil. It's going to cost them. But yeah, I mean, boat, I think that the oil, they had to pull this in with oil companies first is what I mean. They just blow up the Nord Stream. Yes. If you have not, if you have not read Seymour Hersch's I'm not saying on the thing. I have to, but like I'm saying for the audience, if you have not, do yourself a favor, just Google search Seymour Hersch Nord Stream pipeline. Read it and then what I want you to do afterwards is take note of the data was published and then do a Google search just on the week of that publication. What was the trending story? I'll give you the answer before you go and look that up. But the answer was the Chinese spy bullet. That was the trending story, the week of Seymour Hersch. So to your point, like I understand what you're saying around like the politicians are captured. Like it is not them that makes decisions. It's their handlers. It's the money that moves them and puts them in these positions. That's why we're war with Iran. Like it is not because like Trump believes in freeing the Iranian people. It's because APEC

has given him enough money to where they get to dictate what he does and does not do. That is why you have, you know, I don't care about these. I don't follow these real things. Yeah, I think you should be because I think the US government has been far more captured. It's been far more captured by a foreign lobby that does not list itself as a foreign lobby. And we should have some questions about the motives and incentives that move our political apparatus in the other just in the same way, just in the same way that we were up in arms and frankly like calling out and questioning how much money we're sending to Ukraine in this battle against Russia. Why are we sending so much money back to Israel? Yeah, they're on their own. I don't defend them. They're on their own. I'm against the money, but I don't think they control America. Like I just don't. But that's another story. A lot of people are caught up in that one. That's just my own. I think that's a, I'm going to challenge you on this as we wind down and it's a terrible time to like propose a challenge to you, but as someone who thinks so freely and logically about a lot of things, I think

you're conveniently avoiding a larger question and apparatus at play. When we talk about the Roth child and the banking institution that controls. So that's the KFA part. I think Israel is theater. I think it was created to manipulate people. I think it's part of the show. It's part of the show. It's like a stage prop. It's like a setting. It's like a set. It's like Star Trek was filmed on the set of the bridge of the enterprise. That's Israel. It's an important set, but I don't think that again, like that should cause us to divide the America. I agree with that. I have plenty of friends who are Israeli who will point out and say that like October 7th was a false flag. They knew about it ahead of time because Netanyahu was supposed to go on trial on October 10th. He was supposed to be removed from office. That's the division of Israel. Israel is the Supreme Court of Israel. Do you know how they're appointed by themselves? Right. So it's 100%

concentrated shit-lib-lib-tar, deep-state motherfuckers running that Supreme Court. So I'm not a fan, but he's up against worse types of law fair than Trump. Do you think that the fact that Netanyahu openly discusses the fact that he's able to manipulate and control the U.S. government apparatus? He is. I think he's a blackmail. I think we live in a blackmail, Al-Khri. He openly has all the reacts about that. They're great at blackmail. They're one of the best. They hit way above their weight with the blackmail. I would agree with that any day. I'm sure of it, in fact. And they hit above their weight when it comes to persuasion. I went on one of those birthright trips through Israel. So I've been through the whole face-to-face brainwashing, very effective persuasion when you totally have that trip. Like you'll never forget it, right? I've been in the Supreme Court. I've spoken with PLO, people, and Ramallah. I've been to Stada, I've been to Gaza, I've been

all these places. And I've interacted with people. So I have live, on scene experience. So it's hard for me to change my mind, if you will, because of the amount of persuasion I've already received. And as a Montrealer, as a longtime New Yorker, I grew up in very Jewish environments. And so I've been to war with enough Israelis and Jewish people. I've had bitcointers as Jews next to me from day one. From day one. I never saw them cuck out about Trump stuff ever, and be crazy and freak out. They've been allies like many other people and many other demographics. So it's just hard for me to see it in terms of clean. They manipulate us. They are one of the ones competing to manipulate us. And they're way above their weight in doing so. But that's, you know, like, look, man, you got a high IQ. You've been around high IQ environments. What do you end up

seeing when you're in high IQ environments? A lot of Jews. That's just math, right? Well, nothing we can do. I think you're confusing the point I'm trying to make with like a completely separate topic. I agree that Israel is one of many factions that has outsized influencing control of our political apparatus. My issue is not that Israel has control. My issue largely is that citizens United has allowed these different packs to influence and control as be it oil, I mean to convince us like blow up the Nord Stream pipeline so we can have greater control. Go in in Vade Iraq or the pharmaceutical company, go and invade Afghanistan so that we can regain control the poppy fields. Like I understand these things. But where I like where I will not stop calling for changes that I want all of it gone. I don't want just one thing. I want it all gone. And when I talk about so to go back to when I was mentioning the imperial versus revolutionary forces and what Bitcoin brings, you know, I'm indifferent sort of to the political structures that we have going

forward as long as we separate money in state. And so Bitcoin is the psychological wedge because the nation state as an engine is what powered all of this mental illness. We don't you me, we don't really create our own opinions. We have a bunch of wants and a bunch of fears. And that's really how we make decisions. And we rationalize after the fact and say, oh, I'm a rational person. I came up with this decision and that you didn't I didn't you didn't know, no one is like that. No one is putting like facts together and then synthesizing information. It's just not we're not we don't do that. Trump is a prompt engineer of human beings. An excellent one. Maybe the best, right? The way you and me use AI, we're not that different than AI. They don't really get a choice in what they're thinking about just like we don't have a choice in what we're thinking about. We're pattern recognition machines or not good at it. If I say 369, you're thinking 12, there's nothing you can do about that. You can't stop it. It is your operating system. You'll see patterns and you will answer the pattern. And so ultimately, citizens of the United is exactly where I think this is headed.

In the sense that I was only and am only okay with corporations being involved in the political process. If they have to pay tax, if you make them a legal person who can become a victim of state decisions, they should have a say. However, if we're talking about the separation of money in state and the reinstitution of humanity into politics and individual discretion and individual actors, you have to take away corporate income, any form of corporate tax. If you take away the decisions that can be made on them to pay taxes, you now have the predicate that says they don't have a say in politics. That's how you end up separating money in state weirdly is that you give them freedom from taxation, but you don't allow them to participate any longer in determining what is the tax level. You don't allow them to participate in the political process. You trade state control over their balance sheet for their erasure from the political discussion. So, and I think we will do that.

I think that we're going to shrink the capacity of the state. The fiat nation state was overpowered because the money was the species, what it was made of, the US dollar in the federal reserve version of the dollar was really just government words which collateralized our birth certificates and collateralized the balance sheets of corporations in order to create more of this debt that was the form of money. When you start making money out of the treasury, real back dollars, real back by our energy, back by our industrial capacity, by our output, not our birth certificates, but our actual gold and bitcoin and electricity, you start to get to a world where those dollars made of cryptographic keys now because that's what a stablecoin is made of. And it can't be I can't just say I owe you a dollar and I've created money. If I say I owe you a dollar, I've literally created a US dollar out of thin air. If I say I owe you a US DT, I'm just an idiot. I have done

nothing. I haven't created it. If I say I owe you a bitcoin, you have no way of you're not in the physical world anymore. You're in a comic book. It's not real. Unfortunately, the fiat fake world that we live in treated me just saying that word as if I've created money. It made it too easy. And so the separation of money in state happens at the level of taxation, of collateral, of what the money is actually made of. And if we separate them in the way it looks like we're going to do, which is we don't need any state capacity. We'd pay better roads when we didn't have income tax. We built better things before we had the state apparatus funded by the government. So that's the way I think we're going to separate this stuff. And that's why it's important to take over energy and Wall Street and alter their wants and fears, alter their incentives, alter the psychology of them so that it's aligned with people. We're not going to be on nag our way into these companies. You know, you've got a self custody. Your Bitcoin ex-harm. Now, look, you've stayed well over time. I love talking to

you. I'm going to annoy you to come back. We're going to have to do a part two to continue this conversation, my friend, my brother. I want to remind everyone watching if you're looking to make a larger Bitcoin purchase hop on over to Bitcoin. Well, calm forward slash infinite. Meet with one of our Bitcoin advisors. We will go over what self custody process works for you. We will not help the government. We will not help state actors, but we will help you the individual. Break free from the fiat shackles and chains that is our modern enslavement society. Nolan, I'll allow you to let everyone know where they can find your latest episodes of your new show, where to stay up to date with you and your incredible mind. And I will be stealing you once again to come back on this because I love to have a good friend. Camp BTC on X. And you can find me on Bitcoin on rumble on rumble. I think Nolan Barley won on YouTube. We're starting a new college show, like the old Rush Limbaugh stuff, almost Bauer Lee, like the Canadian skates, B-A-U-E-R-L-E at the end, because I see my name is slightly misspelled, but count BTC is my

handle. So we're trying to do like the Colin radio thing where we'll do some news and the new rumble studio allows you to do Collins. So I've been taking calls the past couple days. We're going to keep going that going. I do a little monologue to start some news. Today I think we were talking about the meme wars in Canada. They don't want any more memes. Stop the meme! What means are just political cartoons from modern times? Canada is the stupidest fiat country in the world. Sorry, I know we have a lot of Canadians in the audience. I'm Canadian. This is a Canadian company. We know exactly, but I think everyone knows the problem with Canada. As much as we love them, there's some fiat's fueled mental illness that is on the loose in Canada. And we don't like it. We don't like it. And the memes will continue whether the government likes it or not. Well, I want to say thank you again to everyone who is watching on YouTube. Please like and subscribe down below. Please hop on over to bitcoinwell.com. Use promo code sign up.

So I can prove to my boss that we are doing something here and we are actually helping to raise more sovereign Bitcoiners. We will be back next week. Thank you all. Goodbye.

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