WEBVTT 00:11.760 --> 00:14.800 We're going to have a guest on later too, it's our first ever guest. 00:15.440 --> 00:21.980 Another friend of mine, Raphael Laverde, expert in crypto and crypto anarchism, a great libertarian, 00:22.140 --> 00:23.040 great anarchist. 00:23.840 --> 00:31.080 We shared the stage at the Miami Crypto Experience a few years back where we spoke about crypto 00:31.080 --> 00:34.580 and stuff like that, so we're going to be doing something similar tonight, get his 00:34.580 --> 00:40.780 take on the volatility in the crypto markets, the law fair cases going on, and what 00:40.780 --> 00:46.520 he thinks about what the next four years of Trump has to do with crypto, how it's going 00:46.520 --> 00:47.700 to push the markets. 00:48.200 --> 00:50.640 We have my main man, Raphael Laverde. 00:51.840 --> 00:54.020 Adam, meet Raph, Raph meet Adam. 00:54.240 --> 00:55.400 Nice to meet you, Raph, how you doing? 00:56.140 --> 00:56.940 Hey, what's up, Adam? 00:57.060 --> 00:57.960 I can't see you guys. 00:58.280 --> 01:01.280 I'll probably look on my phone, but I can hear you very well. 01:01.520 --> 01:05.040 You're doing pretty good, and I'm honored to be here, guys. 01:05.280 --> 01:07.940 Thank you for having me as your first guest. 01:07.940 --> 01:09.540 Yes, our first ever guest. 01:09.920 --> 01:19.340 We haven't done any guests before, but I mentioned we have Alex Vidal is going to be helping us 01:19.340 --> 01:22.360 produce the show now, and he's going to help sort of manage things behind the scenes. 01:22.580 --> 01:26.660 He thinks it would be a good idea, so we went with it, and Raph is somebody we both 01:26.660 --> 01:33.620 know, and Raph and I have worked together before, and I know he knows his shit, 01:33.620 --> 01:42.100 so I'm comfortable lending the audience's ear to him, because he's one of the most knowledgeable 01:42.100 --> 01:45.680 people in the crypto industry, and I don't say that lightly. 01:47.380 --> 01:51.480 I know you guys at home, I don't think you can see Raph, but you can hear him. 01:52.560 --> 01:53.660 Thank you for having me. 01:53.800 --> 01:55.140 I'm really happy to be your first guest. 01:55.480 --> 01:56.800 Yeah, man, that's fucking great. 01:57.180 --> 02:02.080 So tell me, just tell the audience a little bit about who you are and what you do, 02:02.080 --> 02:05.960 and tell Adam, he's never mentioned before, this is my man, Irish Adam. 02:08.140 --> 02:09.860 Yeah, just give us a little brief interest. 02:10.020 --> 02:11.320 Everybody gets to know you like I do. 02:12.440 --> 02:16.700 All right, well, I'm I'm an early I want to look at you guys 02:16.700 --> 02:18.880 while I talk to you, so I'm just going to look at you on my phone. 02:19.120 --> 02:20.140 Maybe a little delayed, but. 02:21.260 --> 02:22.100 OK, sounds good. 02:22.420 --> 02:25.200 Well, look, I'm I'm happy to be here. 02:25.300 --> 02:25.880 My name is Rafael. 02:26.500 --> 02:27.960 I am an early Bitcoin adopter. 02:29.220 --> 02:34.540 I became up, you know, Jeff Burwick and I became friends in like 2012, 2013. 02:36.320 --> 02:41.480 And a long story short, we figured that we needed to educate people on crypto. 02:42.720 --> 02:45.920 And so we started a within our personal research. 02:46.100 --> 02:47.400 We were like, you know, let's just do a newsletter. 02:47.680 --> 02:48.940 So we have the crypto vigilante. 02:49.180 --> 02:51.480 Best crypto newsletter around, by the way, guys. 02:52.140 --> 02:52.800 Thank you. 02:53.040 --> 02:53.760 Thank you for saying that. 02:53.880 --> 02:56.300 I really think so as well, because we're agris, we're 02:56.300 --> 03:02.620 anarcho capitalists and we really embrace and we live and we invest in 03:02.620 --> 03:07.660 accordance to to those principles of following the Austrian business cycle. 03:08.860 --> 03:12.960 And having a big picture understanding of not just crypto, 03:13.000 --> 03:16.400 but also gold, silver, precious metals, junior mining stocks. 03:16.700 --> 03:22.880 So it really sets us apart is dollar vigilante, because if you just 03:22.880 --> 03:26.000 focus on crypto and once you make a lot of money in crypto, 03:27.460 --> 03:32.380 most people wouldn't know where to turn when we actually have a whole 03:32.380 --> 03:36.960 full a whole newsletter, which is a dollar vigilante itself that allows us 03:36.960 --> 03:39.960 to understand how to best embrace the overall market. 03:40.500 --> 03:44.540 A lot of people focus just on crypto because it is it is the fat. 03:44.740 --> 03:46.140 It is what's what's what's hip. 03:46.580 --> 03:48.400 It's what gives us the biggest return. 03:48.920 --> 03:51.360 It's really any any sound money alternative, right? 03:52.120 --> 03:52.680 Pardon? 03:53.120 --> 03:57.500 It's really, you know, as libertarians, if you if you want to profit off 03:57.500 --> 04:01.600 of the nonsense going on going on at the Federal Reserve, it's really sort 04:01.600 --> 04:09.100 of any non-inflationary or sound money alternative, any non-inflationary asset 04:09.100 --> 04:10.060 or sound money alternative. 04:10.180 --> 04:10.860 Would you agree with that? 04:11.900 --> 04:12.560 Correct. Yes. 04:12.680 --> 04:12.960 Yeah. 04:13.180 --> 04:19.420 So so our job is to educate really and to invest as best as possible 04:20.240 --> 04:25.240 in accordance to sound monetary principles, Austrian economics, understanding 04:26.440 --> 04:33.060 understanding the the economy from the from an Austrian economic perspective. 04:33.280 --> 04:38.940 We're very blessed to have teamed up with Jeff Berwick and Ed Bougos, 04:39.620 --> 04:42.160 who are our Ed is our director of research. 04:42.600 --> 04:47.340 And when it comes to applying Austrian economic principles to investing, 04:47.340 --> 04:51.540 he's the man in experience and knowledge. 04:53.860 --> 04:59.300 On this on on theory, when things are most pivotal and crucial, 04:59.520 --> 05:02.540 becomes the most practical of things that you can possess. 05:02.780 --> 05:07.140 So we can be very up to speed with crypto as as as crypto as bitcoiners 05:07.140 --> 05:09.360 and understand the crypto market itself. 05:09.740 --> 05:14.400 But there are moments in time when when you have to make decisions 05:15.340 --> 05:19.640 and it is at those moments where it doesn't matter what present day knowledge 05:19.640 --> 05:22.280 you have, what matters is your experience. 05:22.620 --> 05:27.180 So so having Jeff and Ed as people that we can 05:28.300 --> 05:32.900 they do things that we don't expect them to do that wouldn't occur to us 05:32.900 --> 05:36.400 because we're younger because we don't have the experience. 05:36.640 --> 05:41.040 Although we have the knowledge, the skill and the I'm all this shit, bro. 05:41.240 --> 05:43.040 Speak for yourself. I'm almost 40 now. 05:45.000 --> 05:46.100 You're still young. 05:46.480 --> 05:48.380 I mean, and for example, 05:50.000 --> 05:55.420 we one of the things that like Ed has been really harping on recently, 05:55.440 --> 05:59.520 which makes me reconsider the whole state of the market is how 06:00.400 --> 06:05.060 bullish the trend for the dollar and the stock market has been for decades now. 06:05.240 --> 06:10.860 Since like the 80s, 70s, people have only had have really had like an upward 06:11.560 --> 06:15.300 Well, that's because they that's because they're always printing and printing and printing. 06:15.480 --> 06:18.540 They're just basically, you know, ever see those one of those one of those things 06:18.540 --> 06:22.920 that people used to fan their fireplace, one of those fucking accordion things. 06:23.520 --> 06:26.100 That's basically what they're doing with the economy and the stock market. 06:26.240 --> 06:29.380 They're just pumping it up full of freshly printed money. 06:31.940 --> 06:35.160 Raph, I'm going to pick your brain though a little bit on crypto here. 06:35.280 --> 06:37.160 I want I got I got a few questions for you. 06:37.640 --> 06:41.100 The first thing I think I say on everybody's mind, including my own is 06:42.340 --> 06:49.380 I want to know what you make of the recent price action in the crypto markets. 06:49.820 --> 06:53.420 I'm getting fucking murdered over here. I'm getting hammered. 06:53.420 --> 06:56.200 I'm going to be out in the street begging for fucking food pretty soon. 06:56.240 --> 06:59.060 If these coins don't bounce, buddy, what's the deal? 06:59.160 --> 07:01.000 Am I going to make my money back or am I going to be homeless? 07:02.140 --> 07:04.780 Well, if you're uncomfortable with the volatility now, 07:04.780 --> 07:09.980 you know, hold on tighter because we're going to experience a lot more 07:09.980 --> 07:12.020 volatility for the rest of the market. 07:13.200 --> 07:14.160 Yeah, it's going to be crazy. 07:14.380 --> 07:16.660 It's going to we're going to shoot up to, you know, 07:17.520 --> 07:21.940 up to 200,000 in BTC and come right back down to like 150. 07:22.280 --> 07:24.480 That's the type of volatility that we should expect 07:25.200 --> 07:30.120 with in the euphoria of like the last leg up of the bull run. 07:30.120 --> 07:36.140 Same thing with the altcoin market. 07:36.820 --> 07:40.320 So we live in a world where everyone's trying to manipulate you. 07:40.560 --> 07:43.760 We live in a world where everything is a player versus player experience, 07:43.760 --> 07:45.860 especially in Bitcoin and crypto. 07:46.920 --> 07:51.020 And even if I was not part of the founding team for the crypto vigilante 07:51.020 --> 07:52.900 and part of the dollar vigilante, 07:53.060 --> 07:55.400 like I would be seeking out something private like that 07:55.400 --> 07:59.480 where I could have the reputation of guys like me 07:59.480 --> 08:07.260 and the team to hold accountable for how they for the research that they offer. 08:08.080 --> 08:10.900 Because right now, if I just if I were just you or I, 08:11.000 --> 08:14.380 we're just to go into any chat on telegram on this court. 08:14.760 --> 08:17.260 You know, do you can you really trust the people there on the other end? 08:17.560 --> 08:18.100 Oh, God, no. 08:18.320 --> 08:20.620 Those are the most untrustworthy people in crypto. 08:21.100 --> 08:23.360 You ever get added to those fucking telegram groups? 08:24.560 --> 08:27.720 You ever get added to those like spammy telegram groups 08:27.720 --> 08:30.680 where it's like or the WhatsApp groups where they just try to like 08:31.420 --> 08:32.940 the whole thing is a fucking nightmare. 08:34.920 --> 08:35.940 So go ahead. 08:36.060 --> 08:37.480 I'd be looking for something private. 08:37.700 --> 08:41.820 I'd be looking for something where I am part of a club of a membership 08:41.820 --> 08:43.480 of reputable analysts. 08:44.400 --> 08:49.640 And that's what we've been able to offer the world as as as the crypto vigilante 08:49.640 --> 08:52.560 as as a dollar vigilante and our latest product, 08:52.580 --> 08:55.160 which is the Vic the vigilante insiders club, 08:55.160 --> 08:59.520 which is like getting access to all of our all of our analysts in real time, 08:59.760 --> 09:03.340 in real time, like it's a private group where you're with us. 09:03.880 --> 09:05.600 Something crazy happens in the market. 09:05.760 --> 09:06.740 We all jump on the call. 09:07.260 --> 09:11.200 You're talking to Ed to Jeff to me to all of all of the analysts. 09:11.880 --> 09:13.680 Our technical analysts, Mr. A and W, 09:13.820 --> 09:16.680 were the first guys were the group of first guys to chart 09:16.680 --> 09:19.140 Bitcoin into Bitcoin talk forums in 2010. 09:19.780 --> 09:23.400 So this is a degree of a dude of technical analysts that 09:23.960 --> 09:27.740 have the most experience in charting Bitcoin and Bitcoin's history. 09:28.120 --> 09:30.280 And it's an honor to have them as part of our team. 09:32.020 --> 09:37.460 So so we focus on the fundamental analysis of what is it that we're talking about? 09:37.660 --> 09:40.180 Technical analysis, the when to get in, 09:40.260 --> 09:42.400 when to get out the state of the market, right? 09:42.820 --> 09:45.060 The actual charting of it all. 09:45.420 --> 09:48.180 And then we also focus on operational security of like, 09:48.220 --> 09:51.760 how do you actually work with these technologies in a way that best 09:52.840 --> 09:56.640 personalizing your life to secure your digital goods? 09:57.580 --> 10:00.140 All right, so now, you know, 10:00.780 --> 10:04.100 so if you guys are in the crypto markets, 10:04.260 --> 10:06.520 which a lot of most people honestly probably are at this point, 10:07.100 --> 10:09.260 if you're in crypto, that's probably what you're doing. 10:09.780 --> 10:10.600 Check that out. 10:10.680 --> 10:10.880 What's that? 10:11.080 --> 10:12.860 Vic, V-I-C, what is it? 10:13.020 --> 10:13.300 What is it? 10:13.340 --> 10:17.880 Go to www.vigilante.com or www.crypto-vigilante.io. 10:18.300 --> 10:20.340 And you'll see links to both. 10:20.440 --> 10:20.700 Okay. 10:20.700 --> 10:24.660 Yeah, you'll see VIX to the exclusive club there. 10:25.360 --> 10:28.700 This is for people who really want to be engaging with us. 10:29.040 --> 10:31.960 Otherwise, just the dollar vigilante or the crypto vigilante would be enough 10:31.960 --> 10:36.760 to be part of a newsletter experience if you're just learning. 10:37.160 --> 10:40.140 But if you want to really engage us on a day-to-day basis, 10:40.380 --> 10:44.340 then the Vic, the Vigilante Insiders Club is where you would want to be part of. 10:44.820 --> 10:51.200 Now, what about someone like me or you, 10:51.380 --> 10:53.400 someone who's more ideologically driven? 10:53.500 --> 10:56.220 Let's say the goal is maybe not to get rich, 10:56.520 --> 10:59.240 but it's to fuck the Federal Reserve over, 10:59.700 --> 11:05.860 or even if I'm just trying to do things from an agorist 11:05.860 --> 11:07.320 or crypto anarchist perspective, 11:09.300 --> 11:11.540 what coins should I be holding, Raph? 11:12.720 --> 11:18.120 Okay. So that's an amazing question because that's really how we started. 11:18.280 --> 11:21.560 We started with an activist approach to our newsletter. 11:23.760 --> 11:27.000 And that approach served us very well, 11:27.080 --> 11:28.180 served everyone really well, 11:28.220 --> 11:29.900 and it's at the core of everything that we do. 11:30.260 --> 11:34.900 But as time has gone on, we realized that crypto has moved beyond 11:34.900 --> 11:36.780 the agorist libertarian world. 11:36.980 --> 11:39.240 And it's obviously something that is a mainstream right now 11:39.240 --> 11:42.140 where even countries are talking about having strategic reserves. 11:42.780 --> 11:46.000 So our focus right now is to maximize profits 11:46.490 --> 11:50.600 and to preserve our profits, to preserve wealth as much as possible. 11:51.180 --> 11:55.660 So what you're asking for is the activist approach. 11:55.880 --> 12:00.000 And I myself, I'm very vocal about that distinction 12:00.000 --> 12:03.420 that you either come into crypto as an activist 12:03.420 --> 12:06.600 or as an investor trying to maximize and preserve wealth. 12:06.600 --> 12:11.180 So, well, Sal, what is it that you value in life, right? 12:11.460 --> 12:13.080 It comes down to your personal values 12:13.080 --> 12:15.040 because when we talk about cryptocurrencies now, 12:15.140 --> 12:16.400 we're talking about weapons. 12:17.160 --> 12:19.540 Should I invest in something like Ripple? 12:23.800 --> 12:27.900 Are you someone that wants to use the world economic form? 12:28.620 --> 12:30.080 You're a socialist, a communist, 12:30.280 --> 12:32.340 and you want to have people eat crickets? 12:32.620 --> 12:35.160 If that's your ideal for what's best for life 12:35.160 --> 12:36.560 or for everyone around you, 12:36.820 --> 12:40.060 if that's your motivation as a communist activist, 12:40.220 --> 12:41.680 then yeah, maybe Ripple would be good 12:41.680 --> 12:43.540 because it justifies the existing, 12:44.240 --> 12:47.940 it fortifies the existence of fractional reserve lending banks. 12:48.500 --> 12:50.600 It fortifies the existence of the Federal Reserve. 12:50.740 --> 12:51.620 So if that's what you're for, 12:52.280 --> 12:57.960 it's always been the most centralized coin, Ripple. 12:58.760 --> 12:59.560 Quick little story. 12:59.720 --> 13:03.500 I was at, back in New York, we used to do these meetups 13:03.500 --> 13:05.560 and there was one that was like some, 13:06.020 --> 13:10.260 it was like some economist actually wrote a book on tokens. 13:11.060 --> 13:12.520 This is going back, I don't even know, 13:12.580 --> 13:17.100 maybe 2017, 2018, something like that. 13:17.280 --> 13:18.320 I don't even know around there. 13:18.520 --> 13:20.940 And it was brand new and I was, 13:21.180 --> 13:22.160 that was the thing I was, 13:22.520 --> 13:25.480 I'm still telling everybody about the tokenization of everything 13:25.480 --> 13:27.060 because that's a matter of time. 13:27.860 --> 13:28.880 But anyway, I went to this meeting 13:29.920 --> 13:32.700 and she was taking questions and this one dude 13:32.700 --> 13:37.020 just had the floor and just would not shut the fuck up 13:37.020 --> 13:41.180 about like promoting Ripple and XRP and this and that. 13:41.580 --> 13:43.580 It is extremely centralized. 13:44.340 --> 13:48.680 It is not only useless, but as Raph said, 13:48.760 --> 13:51.040 it's actually counterproductive from a libertarian 13:51.040 --> 13:53.340 or agorist perspective. 13:54.960 --> 13:59.440 I really like coins that A, coins that have utility, 14:00.000 --> 14:02.200 something that can be used as a medium of exchange 14:02.840 --> 14:04.840 or maybe something that's private 14:04.840 --> 14:10.060 or maybe something that just does something 14:11.380 --> 14:13.500 and Ripple is not one of those coins. 14:13.620 --> 14:17.400 In fact, what it does is it empowers the state. 14:18.040 --> 14:22.380 So I like coins like Bitcoin Cash, BSV, I like Monero, 14:22.700 --> 14:24.420 I like Xano, I like Pirate Chain. 14:25.140 --> 14:28.420 I like Rune, even though they've had some issues 14:28.420 --> 14:29.740 over there this past week, 14:29.780 --> 14:30.940 which we can talk about I guess, 14:30.940 --> 14:35.920 but what coins do you recommend agorists use? 14:36.400 --> 14:37.680 Not hold, use. 14:40.240 --> 14:44.020 Let's say it's me as a new person to crypto. 14:44.820 --> 14:46.700 What would your advice be? 14:47.860 --> 14:51.080 As a beginner, what would the coin you would go for? 14:51.840 --> 14:54.900 Okay, so we're talking here from an activist perspective, 14:55.000 --> 14:57.320 not as someone who's trying to maximize wealth, correct? 14:57.600 --> 14:58.440 Yeah, but you know what though Raph? 14:58.440 --> 15:03.220 I've maximized my wealth by taking the activist approach. 15:03.460 --> 15:06.600 If I didn't take the activist approach in 2012, 15:07.300 --> 15:08.900 I'd probably still be working some shit, 15:08.980 --> 15:10.700 nine to five jobs shoveling shit somewhere 15:10.700 --> 15:12.460 up in the North Jersey housing projects. 15:13.000 --> 15:16.120 But you know what, I took the activist approach 15:16.640 --> 15:21.860 and I said, you know what, for me it was having money 15:21.860 --> 15:25.020 that the banks couldn't touch, that they couldn't say, 15:25.760 --> 15:27.180 you know, they couldn't just reach their hands 15:27.180 --> 15:28.400 and whenever they want and pull it out. 15:28.780 --> 15:32.340 And by doing that, I got in early and I, you know, 15:32.420 --> 15:34.800 the rest is history, but sorry to interrupt you. 15:34.880 --> 15:35.100 Go ahead. 15:35.240 --> 15:38.640 He wants to know what you think he should start off with. 15:39.080 --> 15:41.540 So how about we do, I'll give you the answer 15:41.540 --> 15:42.420 that covers both. 15:42.760 --> 15:46.600 Okay, right now in this point of time, which one covers both 15:47.080 --> 15:49.240 where you can feel good about your investing. 15:49.240 --> 15:49.880 Oh, okay. 15:50.080 --> 15:51.820 And at the same time as an activist 15:51.820 --> 15:54.160 and at the same time you know you have upside, 15:54.580 --> 15:55.180 it would be Monero. 15:55.180 --> 15:56.340 Hands down. 15:56.520 --> 15:57.040 Okay. 15:57.380 --> 15:57.400 Yeah. 15:57.660 --> 15:58.460 Yeah, I agree. 15:58.920 --> 15:59.440 100%. 16:00.060 --> 16:04.420 Hands down Monero and then if you are someone 16:04.420 --> 16:08.680 that wants to support projects that complement Monero, 16:09.040 --> 16:11.140 well then definitely you have Pirate Chain, 16:11.460 --> 16:14.020 which is, achieves the same thing as Monero. 16:14.400 --> 16:16.800 At this point in time is more private than Monero. 16:17.080 --> 16:20.040 It's over 12 million anonymity set. 16:22.220 --> 16:24.760 And then you have something like Xeno, right? 16:24.760 --> 16:26.920 Which is giving you smart contracts. 16:27.060 --> 16:28.200 All those proof of stake. 16:28.440 --> 16:30.740 You know, some people don't like proof of stake as much. 16:30.780 --> 16:32.320 I'm not a proof of stake person. 16:32.500 --> 16:37.480 I don't like proof of stake, but I do appreciate the effort 16:37.480 --> 16:40.220 that they're making in tokenizing things. 16:40.740 --> 16:42.820 And I think it's a, I like the people 16:42.820 --> 16:44.060 behind the project of Xeno. 16:44.180 --> 16:46.240 The people in the project behind Xeno 16:46.240 --> 16:48.220 are people that I personally can say, 16:48.280 --> 16:49.360 you know, those people are reliable. 16:49.680 --> 16:51.140 Other people that are looking out 16:51.140 --> 16:52.280 for what's best for the community. 16:52.440 --> 16:54.040 Let me pause you right there. 16:54.040 --> 16:55.760 Because I want to ask you about, 16:56.040 --> 16:57.480 I have like 10 questions already. 16:58.560 --> 17:01.300 I agree with you with Monero has enormous upside 17:01.300 --> 17:03.720 and it has utility because it's a privacy coin. 17:04.100 --> 17:06.180 So you put your money in and nobody can see it. 17:06.300 --> 17:08.700 They can't, it uses different cryptographic tools 17:08.700 --> 17:11.460 like ring signatures and shit like that so that they can't, 17:11.560 --> 17:13.640 they don't know who's sending what to who 17:13.640 --> 17:14.800 or how much or when. 17:15.180 --> 17:17.520 All those details are obscured. 17:22.200 --> 17:26.440 The issue with Monero, the obstacle that they've always had 17:26.440 --> 17:28.120 and I feel like they continue to have 17:28.120 --> 17:29.940 and I want to get your opinion on this wrap is that 17:30.640 --> 17:31.960 because it's so private 17:31.960 --> 17:33.940 and because it actually does work so well, 17:36.580 --> 17:38.820 it's essentially blacklisted from you. 17:38.960 --> 17:42.000 I mean, it's very difficult to move from Monero 17:42.000 --> 17:44.000 into dollars or from dollars into Monero. 17:44.240 --> 17:45.780 So let's say you didn't make a bunch of money. 17:45.780 --> 17:49.820 It might not be exactly easy to bring that back into, 17:49.900 --> 17:50.860 there are ways to do it, 17:50.860 --> 17:53.920 but you kind of have to be a more intermediate 17:53.920 --> 17:56.700 or advanced in the crypto industry. 17:59.660 --> 18:01.340 The second thing I wanted to ask, 18:01.380 --> 18:02.200 I'm going to give you all three 18:02.200 --> 18:03.160 and you can just hit whatever, 18:03.340 --> 18:04.380 whichever ones you want. 18:06.040 --> 18:07.780 You know, we talked about pirate chain 18:07.780 --> 18:11.160 and I have been a tremendous fan of pirate chain 18:12.260 --> 18:13.360 since its inception. 18:13.520 --> 18:14.600 I'll tell you one of the things 18:14.600 --> 18:15.840 that scares me though, Raph. 18:19.200 --> 18:22.620 I remember seeing an exchange on Twitter 18:22.620 --> 18:27.200 where these guys were talking about Zcash 18:27.860 --> 18:31.180 and Zcash uses ZK Snarks as well as pirate chain. 18:31.340 --> 18:32.840 It's a little bit different than Monero, Adam. 18:33.340 --> 18:36.020 It's a different cryptographic protocol that's being used, 18:36.240 --> 18:39.920 but Monero does not use ZK Snarks, 18:40.060 --> 18:41.100 but pirate chain does. 18:41.640 --> 18:42.960 Zcash does as well. 18:42.960 --> 18:48.760 I saw a exchange on Twitter quite a while ago, 18:48.760 --> 18:50.600 but you can find it's a very famous exchange. 18:50.740 --> 18:53.280 You can, if you Google it, it's not hard to dig up. 18:54.580 --> 18:56.700 Essentially, somebody made a Zcash transaction 18:56.700 --> 18:58.660 and just like was like threw it out there. 18:58.900 --> 19:01.120 Like, you know, I don't know if they like 19:01.120 --> 19:02.920 dared somebody or bet somebody 19:02.920 --> 19:05.340 or paid somebody to try to trace the transaction. 19:05.720 --> 19:08.160 And they did, they did successfully. 19:08.480 --> 19:09.780 So ever since I saw that, 19:09.900 --> 19:12.740 I stopped promoting anything with ZK Snarks. 19:12.740 --> 19:14.120 And it to other agorists. 19:14.680 --> 19:16.380 So I want to get your opinion on that as well. 19:17.620 --> 19:18.120 And finally, 19:18.360 --> 19:19.980 Because they, pardon me, 19:20.060 --> 19:24.760 it's because 0.63 of the transactions 19:24.760 --> 19:27.880 use actual the Z addresses in Zcash. 19:28.360 --> 19:30.980 So it's really easy to probabilistically 19:30.980 --> 19:33.240 figure out which of those transactions. 19:34.580 --> 19:36.880 I mean, it's less than 1% of the transactions 19:36.880 --> 19:38.900 on Zcash are actually using the technology 19:38.900 --> 19:41.520 that they're promoting, which is zero knowledge proves. 19:41.520 --> 19:44.720 So it's really easy to figure out whose, 19:45.580 --> 19:48.340 you know, in a probabilistic way, 19:48.880 --> 19:50.460 what money is being sent where. 19:51.460 --> 19:53.080 So it's, that's Zcash, 19:53.240 --> 19:55.020 I don't consider it to be a privacy coin 19:55.020 --> 19:56.900 because it is not private by default. 19:57.340 --> 19:59.240 And the problem with Zcash is that 19:59.240 --> 20:02.680 although it's had a good research behind it, 20:02.980 --> 20:06.180 and it's experimenting with very exotic technology, 20:06.920 --> 20:09.600 it's something that for some reason, 20:09.600 --> 20:12.080 it comes from a centralized company, 20:12.200 --> 20:13.400 the electronic coin company, 20:13.640 --> 20:14.780 I think out of Colorado, 20:16.200 --> 20:20.020 that they do not want to have Z addresses by default. 20:20.460 --> 20:22.340 So Pirate Chain said, 20:22.400 --> 20:24.740 well, if this is what everyone wants, 20:24.940 --> 20:26.720 let's just experiment with it. 20:26.840 --> 20:27.680 Let's try it out. 20:27.960 --> 20:29.520 And that's what they were able to accomplish. 20:30.040 --> 20:32.220 So Pirate Chain became everything Zcash 20:32.220 --> 20:34.400 ever promoted themselves to be. 20:34.900 --> 20:35.520 No shit. 20:35.760 --> 20:37.320 Pirate Chain uses the Z addresses. 20:37.320 --> 20:39.400 So there is no way to probabilistically 20:39.400 --> 20:42.100 try to figure out, you know, what came with it 20:42.100 --> 20:44.460 because there is no transparent addresses. 20:45.240 --> 20:49.400 Almost 99.9% of all Zcash transactions 20:49.400 --> 20:52.520 are transparent, as transparent as Bitcoin. 20:52.980 --> 20:54.080 And that's the problem with, 20:54.460 --> 20:56.260 that's why that was able to be a... 20:56.260 --> 20:57.080 No shit. 20:57.780 --> 20:58.700 A Zcash. 20:58.860 --> 21:00.240 So Zcash is not a privacy point. 21:00.500 --> 21:00.820 Okay. 21:01.080 --> 21:01.320 Okay. 21:01.920 --> 21:04.260 And you know, it's 26, again, I agree, 21:04.380 --> 21:07.180 but I saw Ed Snowden promoting Zcash 21:07.320 --> 21:10.620 as like the privacy coin like a while ago. 21:10.800 --> 21:11.480 He's promoting the technology. 21:11.720 --> 21:12.340 Right, okay. 21:12.980 --> 21:14.800 And see, there's a problem here 21:16.160 --> 21:17.640 where you have to, 21:17.820 --> 21:19.180 this is where you have to move beyond 21:19.180 --> 21:22.700 what people tell you and realize that 21:22.700 --> 21:28.960 there are many hands in the crypto pot. 21:29.220 --> 21:30.260 For different reasons. 21:30.800 --> 21:32.380 And there's many motivations. 21:32.900 --> 21:35.640 So for example, someone that I care about a lot, 21:35.640 --> 21:37.940 I championed Eric Voorhees. 21:38.080 --> 21:39.440 I think he's an amazing person. 21:40.640 --> 21:43.500 One of my heroes when I first came into Bitcoin, right? 21:44.360 --> 21:45.420 But Eric Voorhees, 21:45.500 --> 21:47.160 he's been very political in the way he's 21:47.160 --> 21:48.700 approached his investing with Bitcoin. 21:48.900 --> 21:50.240 And that's why he's someone that 21:50.240 --> 21:51.780 doesn't ruffle feathers with anyone. 21:52.460 --> 21:54.640 He's very much open to everything, which is cool. 21:54.980 --> 21:58.620 But what Eric has been able to do is, 21:58.640 --> 22:01.120 is that he's been able to tap into the world 22:01.120 --> 22:02.080 of venture capital. 22:02.280 --> 22:04.800 And through his own movements in venture capital, 22:04.800 --> 22:06.380 you've been able to see him, 22:07.140 --> 22:10.660 you get a window into what entities 22:10.660 --> 22:12.340 like Digital Currency Group champion. 22:13.040 --> 22:15.300 So for example, Digital Currency Group, 22:15.360 --> 22:16.820 headed up by Barry Silver, 22:17.260 --> 22:20.640 is they funded a lot of the research behind Zcash. 22:20.980 --> 22:22.000 So of course they're going to champion 22:22.000 --> 22:23.500 something like Zcash. 22:23.720 --> 22:27.660 And they're going to promote it as something 22:27.660 --> 22:29.000 that is private by default, 22:29.300 --> 22:30.400 championing the technology. 22:30.620 --> 22:31.160 Right, right. 22:31.540 --> 22:32.940 And they might make a promise 22:32.940 --> 22:33.920 because I've heard rumors 22:33.920 --> 22:35.880 that Zcash has promised 22:35.880 --> 22:37.900 or has an idea that in the future 22:38.640 --> 22:40.220 they might go private by default, 22:40.380 --> 22:41.920 which is what everyone has always wanted. 22:41.940 --> 22:43.260 That's what they should be doing anyway. 22:43.520 --> 22:44.980 That's what they should have done from the beginning. 22:45.220 --> 22:45.440 Right. 22:45.820 --> 22:46.260 Exactly. 22:46.760 --> 22:47.720 But since they haven't, 22:47.840 --> 22:49.220 people are apprehensive about them. 22:49.620 --> 22:51.660 Whereas you have people 22:51.660 --> 22:53.640 who are not connected to the VC cartel. 22:53.780 --> 22:54.440 Right, right. 22:55.400 --> 22:57.320 And they're doing things grassroots. 22:57.980 --> 22:59.820 And those individuals are giving you 22:59.820 --> 23:02.740 the technology in its purest form. 23:02.740 --> 23:06.120 And one of the most important aspects of Monero 23:06.640 --> 23:09.540 is that Monero has that environment 23:09.540 --> 23:11.320 of peer-reviewed research 23:11.320 --> 23:13.020 where everything is grassroots. 23:13.540 --> 23:15.060 There is no VC funding. 23:15.840 --> 23:18.240 They fund themselves through the CCS. 23:18.300 --> 23:20.220 If you want to help contribute 23:20.220 --> 23:23.380 to any research in Monero through the CCS, 23:23.520 --> 23:25.400 Google CCS Monero, 23:25.620 --> 23:29.060 the CCS, I forget what it stands for. 23:29.520 --> 23:31.540 I think it's CCS.GetMonero.org. 23:31.540 --> 23:33.060 I think that's the address. 23:34.240 --> 23:36.380 And you'll see all the proposals there. 23:36.460 --> 23:38.060 And then the community chips in 23:38.060 --> 23:40.180 to fund different aspects of the research, 23:40.180 --> 23:41.160 which is awesome. 23:41.920 --> 23:42.740 There is no, again, 23:42.860 --> 23:46.160 there is no that hand of the VC cartels not there. 23:46.340 --> 23:46.580 Right, right. 23:47.080 --> 23:49.220 The VC cartel has always been 23:49.220 --> 23:52.180 the arm of technological research that 23:53.080 --> 23:55.440 you think the managing partners 23:55.440 --> 23:56.940 of these VC funds 23:56.940 --> 23:57.940 are the ones that call the shots. 23:58.100 --> 23:59.480 But in reality, it's the interest 23:59.480 --> 24:00.340 of the limited partners. 24:00.340 --> 24:01.680 The guys in the shadows 24:01.680 --> 24:04.320 that are funding these funds. 24:05.600 --> 24:05.900 Okay. 24:06.460 --> 24:08.860 You have to be very discerning 24:08.860 --> 24:11.580 as to what technology is being put in front of you 24:11.580 --> 24:13.520 because now we live in a world 24:13.520 --> 24:14.860 where Bitcoin and crypto 24:15.460 --> 24:17.260 are instruments of political power. 24:17.880 --> 24:19.680 And as instruments of political power, 24:21.700 --> 24:23.180 there's going to be a lot of 24:23.800 --> 24:25.640 a worry for your attention. 24:26.440 --> 24:29.440 And so a lot of what they put in front of you 24:29.440 --> 24:31.340 may not always be what it seems. 24:31.520 --> 24:32.840 Like Zcash is a great example. 24:33.200 --> 24:34.680 It's not really a privacy coin, 24:34.940 --> 24:37.080 although it has great potential to be one. 24:37.440 --> 24:37.840 It's not. 24:38.820 --> 24:39.960 But Pirate Chain is. 24:40.020 --> 24:40.900 Pirate Chain is everything 24:40.900 --> 24:42.380 as Zcash has always wanted to be. 24:43.740 --> 24:44.240 Okay. 24:44.480 --> 24:47.260 I would also put dash into that category as well. 24:47.420 --> 24:48.360 They kind of market themselves 24:48.360 --> 24:49.940 as a privacy coin when in fact, 24:50.460 --> 24:51.200 they're not. 24:51.580 --> 24:52.780 But that's another story. 24:54.020 --> 24:54.920 Yeah, correct. 24:55.200 --> 24:57.460 Now you mentioned Zano. 24:57.580 --> 24:58.800 And you mentioned Zano is, 24:58.800 --> 25:01.220 you mentioned that you're not a fan of the 25:02.740 --> 25:04.920 proof of stake stuff. 25:06.900 --> 25:09.520 What would you say if I responded as such 25:10.160 --> 25:12.040 to your critiques as such? 25:12.580 --> 25:13.660 Half of the blocks. 25:14.220 --> 25:15.480 This is kind of getting in the weeds. 25:15.700 --> 25:17.760 Zano, you don't need to know this stuff. 25:17.820 --> 25:19.040 I'm in the bar already. 25:21.740 --> 25:23.680 Half the blocks on Zano are proof of work. 25:23.760 --> 25:25.380 The other half are proof of stake. 25:25.520 --> 25:28.400 And this actually makes the network much harder 25:28.400 --> 25:30.820 to 51% attack since, 25:31.620 --> 25:34.680 if you were buying up enough of the coins 25:34.680 --> 25:39.960 to use proof of stake blocks as part of the attack, 25:40.140 --> 25:41.580 that would send the price to the moon 25:41.580 --> 25:43.500 and it would increase the hash rate as well. 25:44.500 --> 25:46.340 What would you respond to that? 25:48.020 --> 25:52.400 I think that throughout our journey in crypto, 25:53.080 --> 25:55.340 we've been able to realize that 25:56.240 --> 25:59.380 some projects need and are better off 25:59.380 --> 26:01.100 with having a model like that. 26:01.680 --> 26:04.540 So I used to be much more of a purist 26:04.540 --> 26:05.620 regarding proof of work. 26:05.780 --> 26:06.080 Me too. 26:06.340 --> 26:08.240 And I think that for the things that matter the most, 26:08.260 --> 26:09.920 we should have proof of work. 26:10.700 --> 26:13.160 But I think that, for example, 26:14.220 --> 26:18.960 Zano has a, I think Zano subsidizes its developers. 26:19.440 --> 26:20.860 I think with the, I'm not mistaken, 26:21.100 --> 26:22.480 it's a dev tax of sorts. 26:22.540 --> 26:23.400 Maybe it was a premind 26:23.400 --> 26:25.300 and people were very upset at that. 26:26.180 --> 26:28.580 But if you, given our experience in crypto, 26:29.560 --> 26:32.500 we can argue that if Satoshi would have created 26:32.500 --> 26:35.080 some sort of dev tax for the devs 26:35.080 --> 26:37.340 that he left in charge of the project, 26:37.540 --> 26:40.060 we wouldn't have had a hijacking of Bitcoin, for example. 26:40.220 --> 26:41.800 Well, they did that in Bitcoin Cash. 26:42.020 --> 26:45.320 They had like this big split with XEC, 26:46.160 --> 26:49.600 when Vin Armani and that other dude, 26:49.820 --> 26:51.860 I forget his name at the current moment of time. 26:52.540 --> 26:53.860 Yes, yes, yes. 26:54.060 --> 26:54.540 Exactly. 26:54.860 --> 26:54.900 Yeah. 26:55.040 --> 26:57.160 They split off because they wanted to do 26:57.160 --> 26:59.460 like some sort of like internal funding mechanism. 26:59.480 --> 27:01.680 A lot like Dash has, you know, 27:01.720 --> 27:03.000 with their little treasury thing. 27:04.200 --> 27:04.560 Yeah. 27:04.880 --> 27:10.220 And so every network, these are all experiments. 27:10.720 --> 27:14.420 And until we find a proof of work network 27:14.420 --> 27:16.380 that does smart contracts 27:16.380 --> 27:20.560 and allows you to do even data on chain and. 27:20.560 --> 27:23.100 Well, BSV is kind of the hope, right? 27:23.280 --> 27:25.120 I mean, that's the big blocks. 27:25.420 --> 27:26.900 BSV, that's kind of the idea 27:26.900 --> 27:28.280 is that with the giant blocks, 27:28.360 --> 27:29.820 they can do shit like that, isn't it? 27:31.420 --> 27:33.380 The forbidden coin that we can't talk about? 27:33.560 --> 27:33.940 Yes. 27:34.460 --> 27:35.460 Yeah, exactly. 27:35.940 --> 27:39.960 So yeah, that is the hope for many. 27:40.180 --> 27:43.880 That is the heart of a lot of the innovation 27:43.880 --> 27:47.060 that comes from crypto right now 27:47.060 --> 27:51.740 is modeling after what BSV has proposed. 27:52.360 --> 27:55.040 So Solana is, for example, 27:55.240 --> 27:58.200 a network that is accomplishing 27:58.200 --> 28:00.140 what BSV has always wanted, 28:00.280 --> 28:01.680 has proposed to the world. 28:02.000 --> 28:04.760 But after suffering so many commercial attacks, 28:05.700 --> 28:07.480 interior and exteriorly, 28:08.240 --> 28:09.860 they've lost the advantage. 28:10.240 --> 28:12.280 And now Solana being proof of stake 28:13.700 --> 28:16.940 has really taken the market by storm. 28:17.060 --> 28:19.700 And a lot of the developers working in Solana 28:19.700 --> 28:21.220 are came from BSV. 28:21.400 --> 28:22.280 No shit, really? 28:22.800 --> 28:24.280 Yeah, like Dean Little, 28:24.420 --> 28:26.280 if you guys want to follow Dean Little, 28:26.300 --> 28:26.860 he's a badass. 28:27.180 --> 28:28.260 He's the guy behind Zeus. 28:28.840 --> 28:30.300 And what he was able to accomplish 28:30.300 --> 28:31.980 is that he created, 28:32.360 --> 28:35.620 he turns Solana into a Bitcoin SPV node. 28:36.420 --> 28:37.520 So check this out. 28:38.200 --> 28:39.500 Simplified payment verification, 28:39.720 --> 28:41.220 which is section eight of the white paper, 28:41.600 --> 28:44.920 is something that in BTC has been kind of like, 28:44.920 --> 28:47.980 it's one of those things that BTC has pushed to the side, 28:48.100 --> 28:50.000 like we don't care for it as much, 28:50.180 --> 28:52.240 because they don't want to use Bitcoin as money. 28:52.360 --> 28:53.280 They don't want to use it as cash. 28:53.780 --> 28:55.900 So, but simplified payment verification 28:55.900 --> 28:58.460 is the means to have a light node, 28:58.500 --> 29:00.300 especially if all you need to do 29:00.300 --> 29:03.660 is verify the block header or transactions, 29:03.940 --> 29:06.160 like without having to run any heavy equipment. 29:06.440 --> 29:08.360 So it would be perfect for someone like a merchant 29:08.360 --> 29:11.380 that just wants to see transactions in real time. 29:11.880 --> 29:14.220 You know, make sure that everything is... 29:14.220 --> 29:16.920 You're saying BSV would be perfect in that scenario. 29:17.220 --> 29:20.040 So what I'm trying to say is like... 29:22.480 --> 29:25.780 Like, bro, what Dean Little really created 29:25.780 --> 29:30.280 was he turned Solana into a BSV SPV node. 29:30.860 --> 29:32.180 Not a lot of people will tell you that right now, 29:32.260 --> 29:33.980 but that's really what has happened. 29:34.100 --> 29:35.820 Actually, not even Dean or those guys will... 29:35.820 --> 29:37.020 Yeah, I never even thought about it like that. 29:37.040 --> 29:38.040 ...been vocal about this. 29:38.280 --> 29:38.960 And guess who else? 29:39.220 --> 29:40.260 Guess who else can use this? 29:40.880 --> 29:41.400 Bitcoin Cash. 29:41.960 --> 29:48.420 Bitcoin Cash can use Solana as a node. 29:48.900 --> 29:49.520 No shit. 29:50.520 --> 29:50.920 Yeah. 29:51.240 --> 29:53.140 So now, Dean gave the world the ability 29:53.620 --> 29:56.320 to turn Solana into a Bitcoin SPV node. 29:56.920 --> 30:01.580 So all of the Bitcoins can apply, can enjoy this now. 30:01.700 --> 30:05.680 You know, I always liked Solana after the NFT boom 30:05.680 --> 30:08.780 because I was selling in NFTs and Solana 30:08.780 --> 30:13.860 and made it so nice and easy to ding them up real quick. 30:14.040 --> 30:16.580 I mean, I can make an NFT on Solana in like under five minutes. 30:17.300 --> 30:22.720 So that was actually really useful in that little phase there. 30:23.220 --> 30:23.660 All right. 30:23.760 --> 30:24.380 Can you guys hear me good? 30:24.680 --> 30:25.100 We can. 30:25.240 --> 30:27.040 We can hear you, but we can hear you. 30:27.040 --> 30:27.760 There he is. 30:29.040 --> 30:29.580 All right. 30:29.760 --> 30:30.600 So where were we? 30:32.520 --> 30:33.720 Yeah, before we proceed, 30:33.900 --> 30:35.820 if anyone wants to get on our free newsletter, 30:35.820 --> 30:39.680 go to CryptoVigilante.io or DollarVigilante.com. 30:40.460 --> 30:41.160 Bring the letter. 30:42.000 --> 30:43.820 Actually, by the way, it reminds me, 30:44.480 --> 30:46.920 I want to give a quick shout out to our sponsors 30:46.920 --> 30:49.280 or one of them, AgourisNexus. 30:49.360 --> 30:50.600 They have a new book out, guys, 30:50.840 --> 30:52.640 that's written by Wendy McElroy. 30:52.880 --> 30:54.220 It's called Revolutionary Friend. 30:54.400 --> 30:56.320 It's the first ever biography 30:56.320 --> 30:58.140 of Samuel Edward Kong in the third. 30:58.660 --> 31:00.660 Check it out at agourisnexus.com, 31:00.820 --> 31:01.600 forward slash shop. 31:01.700 --> 31:03.760 You can get it in paperback or ebook. 31:04.380 --> 31:06.880 I mean, look at that beautiful artwork 31:06.880 --> 31:07.820 on the cover, Adam. 31:08.200 --> 31:09.420 That's they don't fuck around. 31:09.660 --> 31:11.400 Brandon is doing great work over there. 31:11.880 --> 31:12.980 So check them out. 31:13.060 --> 31:15.560 It's agourisnexus.com, forward slash shop. 31:15.980 --> 31:17.480 All right, Raph, I think we were talking 31:17.480 --> 31:19.660 about privacy coins. 31:20.200 --> 31:21.700 And then we started talking a little bit 31:21.700 --> 31:24.620 about big blocks and stuff like that. 31:25.480 --> 31:28.440 Adam is absolutely lost in the fucking woods here. 31:29.480 --> 31:30.140 He doesn't know. 31:31.060 --> 31:31.620 He doesn't really, 31:31.860 --> 31:33.380 he's kind of new to the whole thing. 31:33.380 --> 31:35.660 And I've just kind of like, you know, 31:35.700 --> 31:38.080 been in his ear trying to get him into crypto 31:39.460 --> 31:42.300 because, you know, last year, we had a great year. 31:42.720 --> 31:45.460 I mean, every year, honestly, we make money. 31:45.580 --> 31:46.700 We don't fuck around, right, Raph? 31:47.020 --> 31:49.860 But like, right now, I'm getting 31:49.860 --> 31:51.300 fucking kicked around bad. 31:51.520 --> 31:52.840 But that's just, that's temporary. 31:53.080 --> 31:54.000 It'll come back up, guys. 31:54.160 --> 31:55.560 I promise you that it always does. 31:57.400 --> 31:58.800 But somebody like Adam. 31:59.120 --> 32:01.460 Yeah, look, this would be the time for me to buy. 32:01.460 --> 32:04.000 This is the perfect time, in my opinion. 32:04.740 --> 32:08.540 Raph, where would someone like Adam get started? 32:10.040 --> 32:12.640 How does something, there's thousands of people out there 32:12.640 --> 32:15.460 right now listening to this who want to know 32:15.960 --> 32:16.940 how do they get in? 32:17.000 --> 32:18.820 They don't know the first fucking thing about crypto. 32:18.880 --> 32:20.140 They don't know what a blockchain is. 32:20.180 --> 32:22.420 They don't know how what a block size is. 32:22.480 --> 32:22.920 They don't care. 32:23.660 --> 32:24.880 So how do they get involved? 32:25.540 --> 32:28.340 And how can they do it in a way that's conducive to, 32:28.700 --> 32:30.620 that doesn't violate libertarian principles? 32:31.920 --> 32:34.180 Cryptobasics Workshop of the Crypto Vigilante. 32:34.180 --> 32:35.240 We did a whole conference. 32:35.320 --> 32:38.100 It's there for you guys, where we teach you guys everything 32:39.740 --> 32:42.100 from trading, operational security. 32:42.200 --> 32:42.820 Where is that? 32:44.080 --> 32:45.120 CryptoVigilante.io. 32:45.540 --> 32:48.500 .io, and I can, what, it's a class called Cryptobasics? 32:49.040 --> 32:49.580 Yes, sir. 32:49.860 --> 32:50.720 Okay, okay. 32:51.720 --> 32:53.580 All right, so check that out. 32:54.200 --> 32:54.580 Yeah. 32:55.480 --> 32:59.320 And so, and look, this is a journey, guys. 32:59.320 --> 33:02.840 You can't, and it's also not a one-size-fits-all. 33:03.380 --> 33:06.020 You may be someone living in a certain jurisdiction 33:06.020 --> 33:08.880 that's very tyrannical, so your approach to crypto 33:08.880 --> 33:10.480 is going to be very different for someone 33:10.480 --> 33:12.420 who lives in a very freedom environment. 33:13.220 --> 33:13.280 Right. 33:13.360 --> 33:14.780 So keep that in mind. 33:15.340 --> 33:17.920 So as I teach, as we teach as analysts, 33:18.240 --> 33:20.300 what we do is give you a Dubuffet, 33:20.580 --> 33:23.000 and you pick and choose how you personalize that 33:23.600 --> 33:24.540 in your experience. 33:25.660 --> 33:28.500 Some of you guys are going to want to be day traders. 33:28.500 --> 33:31.600 Some of you guys are going to want to embrace this 33:31.600 --> 33:33.340 as something very passive. 33:33.620 --> 33:35.880 Some of you guys are going to embrace this 33:35.880 --> 33:37.080 in every aspect of your life. 33:37.400 --> 33:38.960 So, and this is not going anywhere. 33:39.140 --> 33:41.800 The coolest part is that crypto is not going anywhere. 33:42.340 --> 33:45.360 So long-term, low-time preference speaking, 33:46.100 --> 33:49.340 I'm extremely bullish because, again, 33:50.020 --> 33:53.660 we have cemented ourselves as an industry 33:54.140 --> 33:58.120 of immense political power, not just technological power, 33:58.120 --> 33:59.340 but political power. 33:59.340 --> 33:59.480 Oh, yeah. 33:59.620 --> 34:02.680 Now they're talking about doing a Bitcoin sovereign 34:02.680 --> 34:04.980 Bitcoin fund or something like that. 34:05.220 --> 34:07.660 And the state of Ohio is passing, 34:07.940 --> 34:12.700 they're considering a bill to create like a Bitcoin reserve 34:12.700 --> 34:13.880 for the state of Ohio. 34:13.880 --> 34:16.880 And if they do that, then that's going to sort of pressure 34:16.880 --> 34:18.720 other states into doing the same thing. 34:19.960 --> 34:23.360 And, you know, Trump was just saying how he wants this 34:23.360 --> 34:26.420 Bitcoin sovereign Bitcoin fund, 34:26.460 --> 34:27.420 wherever the fuck he's calling it, 34:27.420 --> 34:30.380 I forget, he wants it to include American-made coins, 34:32.520 --> 34:34.260 which really kind of opens the door 34:34.260 --> 34:35.520 for a lot of different things. 34:35.860 --> 34:39.360 I know him and that Brad Garlinghouse guy, 34:39.620 --> 34:42.140 he was trying to suck Trump off to get Ripple in there, 34:42.400 --> 34:44.200 which I hope they really don't fucking do. 34:45.360 --> 34:49.960 But, you know, you can expect to see coins like Bitcoin, 34:50.240 --> 34:52.420 Bitcoin Cash, maybe even BSV. 34:54.420 --> 34:55.360 You know, who the hell knows? 34:56.200 --> 34:57.280 They're learning, man. 34:57.360 --> 34:58.280 And that's what's happening right now 34:58.280 --> 34:59.540 is that they're going through a process. 34:59.780 --> 35:01.260 They're capitulating RAF. 35:01.360 --> 35:02.100 They're capitulating. 35:02.460 --> 35:02.900 100%. 35:02.900 --> 35:05.240 And the thing is, guys, for everyone out there 35:05.240 --> 35:06.740 that has their favorite project, 35:07.220 --> 35:08.340 know that your time will come. 35:08.760 --> 35:11.840 Because we are, this is an arms race. 35:12.120 --> 35:14.960 This is an arms race for the best technology. 35:15.540 --> 35:18.220 And so, yes, the U.S. can choose BTC and Solana. 35:19.120 --> 35:23.420 What's keeping Russia from choosing Bitcoin Cash and BSV? 35:23.440 --> 35:24.360 Right, right. 35:24.980 --> 35:25.620 Oh, wow. 35:25.700 --> 35:26.300 That's a good idea. 35:26.420 --> 35:27.420 I hadn't even thought about that. 35:27.560 --> 35:28.060 That's a good point. 35:28.880 --> 35:30.660 So the technology itself is what matters. 35:30.900 --> 35:33.540 And so, if you have a crippled blockchain 35:33.540 --> 35:35.820 that doesn't allow you to do much, 35:37.500 --> 35:40.040 if you created your own dead ends, 35:40.280 --> 35:43.300 because you wanted centralized control of the network, 35:43.380 --> 35:44.660 dude, I never even thought about that. 35:44.660 --> 35:45.900 You're fucking yourself over. 35:46.360 --> 35:48.660 So at this moment in time, as much, 35:48.860 --> 35:51.840 I consider myself a real Bitcoin maximalist. 35:52.020 --> 35:53.600 And I consider those people 35:53.600 --> 35:55.740 who call themselves Bitcoin maximalists 35:55.740 --> 35:57.540 to be Bitcoin minimalist, 35:57.980 --> 36:01.820 because they only want you to use a minimal use 36:01.820 --> 36:03.500 of the Bitcoin protocol, right? 36:03.660 --> 36:04.420 They didn't want you to use it. 36:04.500 --> 36:06.760 They want you to shove it underneath your fucking pillow 36:06.760 --> 36:07.600 or under your mattress 36:07.600 --> 36:09.280 and just forget about it, you know? 36:10.060 --> 36:10.340 Yeah. 36:10.580 --> 36:13.860 And so, right now, they have government favoritism 36:13.860 --> 36:16.320 because they are leading the pack. 36:16.780 --> 36:18.120 And there's nothing wrong with that. 36:18.600 --> 36:21.880 But remember that we've seen many examples 36:22.660 --> 36:24.400 through history in modern times 36:24.400 --> 36:27.020 where things change drastically overnight. 36:27.280 --> 36:30.680 We saw FTX go from worth billions of dollars 36:30.680 --> 36:32.780 to overnight nothing. 36:33.580 --> 36:34.840 Yeah, but dude, you're right, though. 36:36.020 --> 36:40.280 Let's say the U.S. sovereign reserve fund 36:40.280 --> 36:44.300 consists of these useless shitcoins, 36:44.500 --> 36:46.300 like BTC or something like that. 36:47.880 --> 36:49.460 Like you said, Russia and China 36:49.460 --> 36:52.140 can go and stack coins with actual utility 36:52.140 --> 36:54.500 and sort of force their hand. 36:54.640 --> 36:55.620 I haven't even thought about that. 36:55.700 --> 36:57.120 That's actually a really good, great point. 36:58.000 --> 36:58.760 Yeah, 100%. 36:58.760 --> 37:00.700 And so this is why the Maxis are mad 37:00.700 --> 37:02.960 because they really wanted to lock in Trump 37:02.960 --> 37:06.240 and the administration in focusing just on BTC. 37:07.260 --> 37:07.940 And, and, and. 37:08.560 --> 37:09.320 Oh, I saw that. 37:09.440 --> 37:10.320 They were all pissed off. 37:10.780 --> 37:11.220 Yeah. 37:11.340 --> 37:13.500 The signal that we're getting from the government 37:13.500 --> 37:16.420 is that the government is a lot smarter than, 37:16.960 --> 37:20.900 because look, every military general will tell you 37:20.900 --> 37:23.400 that the biggest threat to the U.S. 37:23.480 --> 37:25.620 or to any country now is economic. 37:26.960 --> 37:29.200 Because you can negotiate, you can keep the peace, 37:29.300 --> 37:33.260 but economically speaking, to keep their engines going, 37:33.540 --> 37:35.320 you need, especially if we're talking 37:35.320 --> 37:36.480 about the machinery of theft 37:36.480 --> 37:38.200 that we call fiat and central banking, 37:38.920 --> 37:40.080 you need to keep it going. 37:40.300 --> 37:41.580 You need to keep that going. 37:41.820 --> 37:43.780 And to disrupt that is very, 37:44.100 --> 37:45.400 it's something that is very powerful. 37:46.040 --> 37:50.700 So the problem with BTC is, is that it helps them 37:50.700 --> 37:53.780 because it does not disrupt what the, 37:53.780 --> 37:55.740 what the government and central banks have been doing. 37:56.000 --> 37:57.360 It graphs right into their. 37:57.420 --> 37:57.800 Oh, yeah. 37:58.200 --> 37:58.660 Of theft. 37:59.120 --> 38:01.120 The problem with that is, is that 38:01.720 --> 38:03.580 if they rely too much on it, 38:03.620 --> 38:04.900 then they can't compete. 38:05.300 --> 38:07.220 And there's another aspect to all of this. 38:09.120 --> 38:13.620 That being, that now they've catched themselves 38:13.620 --> 38:15.460 in a, in against the wall. 38:15.700 --> 38:17.620 This is a catch 22 situation, 38:17.620 --> 38:20.360 because we're seeing that there's a lot 38:20.360 --> 38:22.520 of intelligence behind the people 38:23.880 --> 38:24.760 counseling Trump. 38:25.320 --> 38:26.860 There's a lot of thought going into it. 38:27.000 --> 38:28.440 Yeah, he has good advisors. 38:29.400 --> 38:30.660 They're not, but they're realizing 38:30.660 --> 38:32.260 that they can't marry just one. 38:32.400 --> 38:33.740 They're going for a strategic reserve, 38:33.920 --> 38:35.060 a basket of currencies. 38:35.860 --> 38:37.940 What do you think is going to be in there? 38:38.020 --> 38:40.820 Not to cut you off, but what coins do you think, 38:40.960 --> 38:42.820 what do you expect to see in this, 38:42.820 --> 38:43.640 in this fund? 38:44.660 --> 38:45.140 I think they're, 38:45.140 --> 38:46.480 I think that we're going to definitely 38:46.480 --> 38:47.640 see Solana in there. 38:47.840 --> 38:48.640 No shit, really? 38:49.340 --> 38:49.780 Yes. 38:50.160 --> 38:53.460 Because I think we saw Trump's company. 38:53.820 --> 38:54.620 That makes sense. 38:54.780 --> 38:57.180 Honestly, dude, that makes a lot of sense. 38:57.380 --> 38:58.640 Like you're saying though, because like, 38:58.740 --> 38:59.620 and honestly, 39:00.000 --> 39:00.780 Well, look at what just happened. 39:00.880 --> 39:02.180 That's a fucking buy, dude. 39:02.960 --> 39:03.740 That's a buy. 39:04.020 --> 39:06.400 That's, that's Solana is a buy right now, Raph. 39:06.780 --> 39:08.360 100%, 100%. 39:08.360 --> 39:11.120 And it just gave BTC wings. 39:11.120 --> 39:14.820 So all the Bitcoin core team needs to do is 39:15.440 --> 39:19.880 beef up the capability of simplified payment verification. 39:20.280 --> 39:22.220 And Solana automatically becomes 39:22.880 --> 39:25.620 the best second layer that BTC could ask for. 39:26.020 --> 39:27.180 Yeah, but who the fuck? 39:27.420 --> 39:28.420 You know, I don't know. 39:28.540 --> 39:30.600 I feel like in 100 years, dude, 39:30.660 --> 39:31.960 nobody's going to be using BTC. 39:32.240 --> 39:33.360 It's kind of like the Model T. 39:34.100 --> 39:36.720 Like you might get people holding it, 39:36.720 --> 39:37.780 just as like a relic. 39:37.800 --> 39:39.480 It's like, oh yeah, they have like a Model T. 39:39.580 --> 39:40.520 That guy has a Model T. 39:40.520 --> 39:41.020 No shit. 39:41.180 --> 39:42.020 That guy has a Bitcoin. 39:42.220 --> 39:42.560 No shit. 39:42.600 --> 39:43.280 But it's not going to, 39:43.840 --> 39:44.980 you're going to be like, you know, 39:45.100 --> 39:45.860 can I get some, 39:47.180 --> 39:48.520 it's going to be some other coin. 39:48.660 --> 39:49.000 Who knows? 39:49.080 --> 39:50.800 It might be something that's not even in round right now, 39:50.860 --> 39:54.480 but it's not going to be fucking BTC at that point. 39:54.740 --> 39:55.580 They have to keep up. 39:55.840 --> 39:57.100 They have to keep up with the market. 39:57.380 --> 39:58.660 And what we're seeing right now is, 39:58.660 --> 40:01.920 is that BTC just made a very smart move, 40:01.920 --> 40:05.920 which is that they implemented zero knowledge 40:05.920 --> 40:07.660 and confidential transactions 40:07.660 --> 40:10.420 within their taproot protocol, 40:10.780 --> 40:14.060 which allows them to send zero knowledge tether. 40:14.880 --> 40:15.280 Right. 40:15.800 --> 40:16.360 I was going to say right. 40:16.900 --> 40:19.000 Zero knowledge or using confidential transactions 40:19.000 --> 40:22.680 for tether on BTC tokenize. 40:22.760 --> 40:23.220 Right. 40:23.540 --> 40:23.640 Right. 40:23.860 --> 40:24.400 The Lightning Network. 40:24.640 --> 40:27.000 Guys, that right there is huge 40:27.000 --> 40:29.880 because I've been a very big naysayer 40:29.880 --> 40:32.600 of the Lightning Network. 40:32.780 --> 40:34.800 But not because of the Lightning Network itself. 40:35.020 --> 40:35.680 Like my buddies, 40:36.080 --> 40:36.880 I was part of a group 40:36.880 --> 40:39.780 that really developed this thing called Open Transactions. 40:39.880 --> 40:40.620 You guys can look it up. 40:41.160 --> 40:42.880 It's a project that is still being used, 40:43.000 --> 40:43.600 but not too much. 40:43.800 --> 40:45.040 Don't tell me they flipped you, Raph. 40:45.060 --> 40:45.460 OpenTransactions.org. 40:46.120 --> 40:46.720 Come again. 40:46.900 --> 40:47.880 Don't tell me they flipped you. 40:49.360 --> 40:49.660 The math. 40:49.720 --> 40:50.600 No, no, no, no, no. 40:52.160 --> 40:54.480 No, I'm just, what I'm trying to tell you is, 40:56.120 --> 40:58.060 there was a guy in Bitcoin Core 40:58.060 --> 40:59.400 by the name of Andrew Polstra. 40:59.620 --> 41:02.660 And he has been working on using the Lightning Network 41:02.660 --> 41:04.380 for other things other than Bitcoin. 41:04.840 --> 41:06.460 And we're finally seeing the first 41:07.240 --> 41:08.300 iteration of that. 41:08.300 --> 41:08.380 Like what? 41:08.480 --> 41:10.920 I personally think in Tether. 41:12.380 --> 41:14.060 They're using, they're sending Tether 41:14.060 --> 41:14.980 over the Lightning Network. 41:15.420 --> 41:16.460 Yes, that's a good thing. 41:16.680 --> 41:17.500 Yes, that's it. 41:17.880 --> 41:22.420 Which falls right in line with what it is, 41:22.540 --> 41:23.200 you know, with their whole... 41:24.100 --> 41:25.980 Honestly, dude, I don't like stable coins. 41:26.100 --> 41:30.240 I feel like if a coin's value 41:30.240 --> 41:33.340 is tied to the whims of a central banker, 41:33.340 --> 41:35.800 then it is by definition unstable. 41:36.360 --> 41:39.060 It's only stable when its value is tied 41:39.060 --> 41:42.280 to its market-based value. 41:44.240 --> 41:44.960 I don't know. 41:45.060 --> 41:46.300 I've thought that since day one. 41:46.520 --> 41:48.160 That's just a sort of principled approach. 41:48.840 --> 41:50.620 I need to clarify something, Sal. 41:51.140 --> 41:51.900 Okay, real quick. 41:52.080 --> 41:53.140 Because you said they flipped you. 41:53.300 --> 41:53.800 No, no, no, no. 41:54.220 --> 41:55.760 We flip them. 41:55.900 --> 41:56.700 Ooh, I like that. 41:57.020 --> 41:59.980 BTC is a big blocker blockchain now. 42:00.520 --> 42:01.120 Like that. 42:01.120 --> 42:02.200 We flip them. 42:02.200 --> 42:03.560 It was a matter of time. 42:04.160 --> 42:05.180 Flip them, okay. 42:05.180 --> 42:06.280 That's what happened here. 42:06.480 --> 42:06.840 Nice. 42:06.940 --> 42:09.040 So that's why you have a guy like... 42:09.040 --> 42:11.800 Yeah, so, dude, arguably a BTC. 42:12.100 --> 42:13.840 BTC right now is setting itself up 42:13.840 --> 42:15.220 because they know they have to compete. 42:16.280 --> 42:16.720 Deep... 42:16.720 --> 42:17.980 This is my observation. 42:18.220 --> 42:19.020 They know they have to compete 42:19.020 --> 42:21.120 with everything that we're talking about, 42:21.240 --> 42:22.380 that there's going to be an arms race 42:22.380 --> 42:23.420 for the best technology. 42:23.740 --> 42:27.060 Michael Saylor's developing assets on chain. 42:27.980 --> 42:28.900 Just Google it. 42:28.940 --> 42:30.540 You'll find plenty of material on... 42:30.540 --> 42:35.540 I think that's the name, Orange. 42:36.880 --> 42:38.420 So they're big blockers now. 42:39.360 --> 42:40.620 Ordinals was no coincidence. 42:40.900 --> 42:41.800 They're big blockers now. 42:41.940 --> 42:43.200 It's just that they want... 42:43.200 --> 42:44.200 This is the thing with BTC. 42:44.420 --> 42:45.460 They want to preserve power. 42:46.080 --> 42:48.980 So it's not like they give us an open... 42:48.980 --> 42:50.580 And the protocol like Satoshi did 42:50.580 --> 42:52.460 of like, here, everyone go out and play. 42:52.560 --> 42:55.320 But rather, this is what the central planners in BTC 42:55.320 --> 42:57.040 will allow you to do. 42:57.420 --> 42:57.500 So... 42:57.500 --> 42:58.120 Right, exactly. 42:58.790 --> 43:02.080 So TAPRU, the innovation within TAPRU is really cool. 43:02.240 --> 43:05.300 I like that we can send zero-knowledge tether, 43:05.520 --> 43:07.640 use confidential transactions for tether. 43:07.920 --> 43:11.880 However, I don't like that it's their way or the highway. 43:12.600 --> 43:13.740 That I don't like, 43:14.000 --> 43:15.700 that there's a group of designers that 43:15.700 --> 43:17.800 tell me how I should use the blockchain. 43:18.040 --> 43:19.540 For me as a big blocker, 43:21.960 --> 43:24.620 transmitting on chain using zero-knowledge, 43:24.820 --> 43:26.420 that's its old technology, man. 43:27.100 --> 43:30.180 I've been knowing that we can do any type of encryption 43:30.180 --> 43:31.440 on the Bitcoin protocol. 43:32.180 --> 43:33.360 So it doesn't dazzle me. 43:33.500 --> 43:34.880 It dazzles those that don't know. 43:35.520 --> 43:37.900 So what's really happening here is that 43:37.900 --> 43:40.280 everyone is converging into the same 43:41.120 --> 43:44.320 understanding that Bitcoin needs to scale. 43:44.940 --> 43:47.880 And so there will be more transaction throughput 43:47.880 --> 43:48.900 because of tether. 43:50.220 --> 43:53.820 There will be a demand for an increase in block size 43:53.820 --> 43:56.680 and the BTC core devs are preparing for that. 43:57.200 --> 43:59.760 Are you familiar with what they're calling 43:59.760 --> 44:01.300 the Great Script Restoration? 44:01.640 --> 44:02.600 Oh god, no. 44:02.940 --> 44:04.320 I'm afraid to find out. 44:04.440 --> 44:05.640 So they're going to restore 19 op codes, 44:05.940 --> 44:08.460 19 op codes in BTC starting with... 44:08.460 --> 44:09.460 When you say restore, 44:11.760 --> 44:14.640 that they took away from Bitcoin during the Civil War. 44:14.820 --> 44:17.080 So why not just use one of the... 44:17.080 --> 44:18.860 Why not just use a different chain? 44:19.280 --> 44:20.340 Why not use a big blockchain? 44:21.160 --> 44:23.580 Use BCH, use BSV, use... 44:23.580 --> 44:27.180 Because a big blockchain is an existential threat to BTC. 44:27.580 --> 44:27.920 Right, exactly. 44:28.360 --> 44:29.760 So a big blockchain is... 44:29.760 --> 44:31.800 It's a threat to their investment is what it is. 44:32.580 --> 44:35.240 Well yeah, because a big blockchain like BSV 44:35.240 --> 44:39.160 does not only have the capability of flipping Bitcoin 44:39.160 --> 44:42.320 BTC in terms of dollars, right? 44:42.960 --> 44:46.360 But it has the capability of completely consuming 44:46.360 --> 44:47.180 its entire infrastructure. 44:48.440 --> 44:51.180 It's not like you just flipped the value of the coin, 44:51.180 --> 44:54.320 but you flipped the value of the coin, 44:54.560 --> 45:00.580 but you also like pillage and just own all of its infrastructure at the same time. 45:00.820 --> 45:05.600 So that's why I think Bitcoin Cash and BSV 45:05.600 --> 45:09.820 still to this day are an existential threat to BTC. 45:10.220 --> 45:13.260 And we're only one viral application away. 45:13.400 --> 45:13.940 Listen up guys. 45:14.380 --> 45:19.920 In BSV or Bitcoin Cash from completely challenging BTC 45:20.480 --> 45:22.920 and they know this shit. 45:23.280 --> 45:23.600 Yeah. 45:23.700 --> 45:26.040 The BTC maximalists, they know this shit. 45:26.040 --> 45:28.080 That's why they go so hard. 45:28.080 --> 45:29.300 They're running scared, honestly. 45:30.760 --> 45:34.020 Well, they're kicking big blocker's ass on purpose, dude. 45:34.600 --> 45:37.520 Why do you think what's happening with Roger Ver is something that... 45:38.460 --> 45:39.520 Do you think it's something that's... 45:39.520 --> 45:41.420 Ref, I was just gonna ask you, 45:41.440 --> 45:45.380 I wanted to switch gears and talk about the war on crypto, 45:45.880 --> 45:49.960 specifically the Lawfare case against Roger Ver. 45:51.060 --> 45:52.140 Break it down for me. 45:52.260 --> 45:53.300 What are your thoughts? 45:53.500 --> 45:54.360 What's the government doing? 45:54.560 --> 45:56.680 Explain to the viewers what they're doing and give me... 45:56.680 --> 45:57.720 Give us your take on it. 46:00.020 --> 46:03.880 I think they're trying to make an example out of Roger, 46:05.500 --> 46:13.000 and but they don't have a foundation for their case, really. 46:13.400 --> 46:18.360 And so, obviously, this is something that was... 46:20.820 --> 46:22.840 They're going after him because he's... 46:22.840 --> 46:25.420 He put out information that is too dangerous to the establishment. 46:25.520 --> 46:27.760 Bingo. That's what I've been telling you, Adam. 46:28.100 --> 46:29.180 I haven't I've been saying that? 46:29.540 --> 46:30.620 I've been saying that to you. 46:30.960 --> 46:31.900 Like, like... 46:31.900 --> 46:32.560 But I don't... 46:32.560 --> 46:35.700 But there's an aspect of Roger Ver's book and message that I don't agree with. 46:35.760 --> 46:36.420 You want to know what it is? 46:36.540 --> 46:37.060 What is it? 46:37.680 --> 46:38.640 Him and Stephen Patterson. 46:39.080 --> 46:42.220 That there's a subtext in everything that they write and what they say. 46:42.220 --> 46:43.590 The subtext is... 46:45.120 --> 46:46.260 Like they concede it. 46:46.360 --> 46:48.280 It's almost like BTC won, we lost. 46:48.880 --> 46:50.440 And that is bullshit. 46:50.780 --> 46:52.220 That is wrong because... 46:53.040 --> 46:58.180 And a lot of it has to do because of the Bitcoin cash premise that they come from 46:58.180 --> 47:03.500 of thinking of Bitcoin as only cash as something that you use in the real world. 47:03.820 --> 47:07.000 But in reality, Satoshi gave us programmable money. 47:07.480 --> 47:11.340 So that it's not just cash in the boomer way of buying a coffee. 47:11.340 --> 47:17.920 It's cash that I interact with in every little aspect of my movement on the internet 47:17.920 --> 47:19.080 where I own my data. 47:19.400 --> 47:19.820 Well, that's true. 47:19.900 --> 47:23.060 I mean, he did say, you know, the first line of the white paper is... 47:24.600 --> 47:27.020 You know, it says Bitcoin is a peer-to-peer... 47:28.940 --> 47:32.000 Bitcoin is a peer-to-peer cash system. 47:32.480 --> 47:33.900 So you're not wrong. 47:34.960 --> 47:38.080 But it goes a lot deeper than just using it to buy coffee. 47:39.220 --> 47:41.220 It's the thing where I disagreed with Bitcoin 47:41.220 --> 47:43.360 cash is that they only stop there. 47:43.740 --> 47:48.780 And it's almost like, bro, stopping there in its ultimate manifestation is called Monero. 47:49.100 --> 47:52.080 But if you really want to go with everything that Satoshi gave us, 47:52.220 --> 47:58.060 you're dealing with a turn-complete machine that every UTXO can be programmed on chain 47:58.060 --> 48:02.140 and that a computation is just a computation when the block size is unbounded, 48:02.360 --> 48:07.620 that this scales in parallel horizontally in a way that we don't have an Ethereum, 48:07.620 --> 48:12.140 that we don't have in Solana, that we only have in Bitcoin's original design. 48:13.020 --> 48:22.300 So by him, why I went extreme big blocker with BSV was because I saw Bitcoin 48:22.300 --> 48:24.460 cash stopping halfway. 48:25.980 --> 48:29.440 And so if you want to really embrace everything Satoshi gave you, 48:29.660 --> 48:30.920 you need to embrace its computational power. 48:30.920 --> 48:33.040 Yeah, but that's not why, though. 48:33.320 --> 48:34.580 That's not why they're... 48:35.200 --> 48:41.220 So in other words, the government is attacking Raj Ravir because what he did was, 48:41.340 --> 48:46.820 in his book, if you read it, he essentially proves what a lot of us big blockers have been 48:46.820 --> 48:54.420 saying for a very long time, which is this was an intelligence operation, the push for small 48:54.420 --> 49:00.680 blocks. In other words, the CIA intentionally infiltrated the cryptocurrency community and 49:00.680 --> 49:06.900 pushed for small blocks because they knew by crippling the chain, it would be non-usable 49:06.900 --> 49:13.100 as a medium of exchange and therefore not be a threat to the banking cartels monopoly 49:13.100 --> 49:14.360 on the issuance of currency. 49:14.820 --> 49:16.340 Wait, it goes deeper than that, though. 49:16.500 --> 49:18.940 But my point is, though, it's not just that. 49:19.120 --> 49:21.660 It's that and, wait a second, Sal. 49:22.500 --> 49:27.100 The deeper issue here is that it challenges Big Tech and Silicon Valley, 49:27.100 --> 49:35.440 because now I can, with 500 bucks, I can allow people to create whatever they want on chain 49:35.980 --> 49:43.060 for free because it costs me on BSV 150,000th of a penny to post anything for sale. 49:43.400 --> 49:43.840 Right, but... 49:43.840 --> 49:46.320 To create an NFT or any add digital asset for sale. 49:46.340 --> 49:47.080 You're not wrong. 49:47.660 --> 49:55.460 It goes deeper than that, bro. It literally Bitcoin is that which challenges Big Tech. 49:55.460 --> 50:02.440 But what I'm saying, though, is the reason why they're giving this guy 109 years for some bullshit 50:02.440 --> 50:08.860 is because he proved that the CIA crippled Bitcoin during the block wars in 2017. 50:09.380 --> 50:14.680 He wrote a book where he name names. I mean, he's naming CIA agents. You can't do this shit. 50:15.360 --> 50:18.360 So as soon as he writes the book, a week later, they're going to put them in, 50:18.480 --> 50:21.620 they want to give them a lifetime prison sentence. 50:22.380 --> 50:27.480 I'll just jump in here. Even with my limited knowledge of the situation, 50:29.080 --> 50:36.620 like I've said before, the fact that you mentioned, he literally asked how much money 50:36.620 --> 50:42.080 they were demanding of him, and they refused to tell him, which just kind of indicates that... 50:42.080 --> 50:43.240 It has nothing to do with his money. 50:43.720 --> 50:44.500 Right, they don't give a... 50:44.500 --> 50:45.140 It has nothing to do with the money. 50:45.140 --> 50:50.360 Do you think they care that he's a short half a million dollars? 50:50.360 --> 50:51.800 They don't fucking care. 50:52.180 --> 50:58.580 That's not even going to pay the bonus on the IRS cheese fucking Christmas bonus. 50:59.000 --> 51:03.700 This whole thing is an operation to delay the inevitable. 51:04.040 --> 51:09.000 All everything that you're seeing in crypto history from FTX to the Bitcoin Civil War, 51:09.140 --> 51:11.580 to what we're seeing with Roger, even what we've seen with Craig Wright, 51:12.000 --> 51:15.320 what we saw with Copa, what we're seeing with Twitter, everything, everything, 51:15.320 --> 51:18.840 everything you see in technology, guys, is to delay the inevitable. 51:18.840 --> 51:21.240 You want to hear the real big bombshell here? 51:22.560 --> 51:26.200 The inevitable is, is that everything is getting consumed by Bitcoin. 51:26.540 --> 51:26.760 Right. 51:26.920 --> 51:30.380 And that we're entering into a world that changes everything. 51:30.680 --> 51:31.160 You're absolutely right. 51:31.160 --> 51:34.800 What they're trying to do, they're wrestling as much as you and I are with these concepts. 51:35.340 --> 51:42.560 Dude, I'm telling you straight up, dude, I think all of humanity is entering into an 51:42.560 --> 51:43.840 existential crisis really. 51:44.260 --> 51:47.400 Trying to figure out what these technologies mean and how they're going to shape us 51:47.400 --> 51:50.500 to the point that people are even questioning their own reality really. 51:50.760 --> 51:51.460 You know what, dude? 51:51.760 --> 51:52.580 I look at it. 51:52.600 --> 51:53.940 It's becoming almost a religious thing. 51:54.220 --> 51:59.600 Like they're trying to find meaning in their life through technology 52:01.040 --> 52:03.640 because technology is that important, bro. 52:03.920 --> 52:06.500 And let me say one thing about Bitcoin, bro. 52:07.240 --> 52:13.200 Bitcoin and its original design gives us a truth ledger, a global truth machine, 52:13.920 --> 52:18.780 a book that you can't burn, a place where you can store data on chain forever. 52:19.160 --> 52:21.920 If you want to experience that, go to memory.money. 52:22.540 --> 52:23.200 It's ARC. 52:23.340 --> 52:28.160 You'll go to ARC and you'll be able to post whatever you want on the Bitcoin blockchain 52:28.160 --> 52:28.740 forever. 52:28.960 --> 52:29.740 No one can take it down. 52:30.280 --> 52:30.980 Memory.money. 52:31.080 --> 52:31.720 Go just go there. 52:31.900 --> 52:32.860 Experience it for yourself. 52:33.440 --> 52:33.820 You know? 52:34.040 --> 52:35.520 So that's what scares people. 52:35.960 --> 52:38.260 It's the same thing that's scaring the USDA right now. 52:38.540 --> 52:41.380 Oh, whatever the fuck agency that is, that's all scared at all these agencies. 52:41.380 --> 52:41.820 USA. 52:41.820 --> 52:43.320 Because they're being held accountable, bro. 52:43.520 --> 52:44.780 They're being held accountable. 52:45.060 --> 52:48.120 And people in power, the one thing that they fear is being held accountable. 52:48.760 --> 52:49.800 It's having light. 52:50.180 --> 52:55.100 So the biggest act of revolution that we have in crypto is not really privacy coins, 52:55.180 --> 52:55.620 in my opinion. 52:56.340 --> 52:56.640 Ooh. 52:56.920 --> 52:57.780 It's what Satoshi gave us. 52:57.960 --> 52:58.380 It's truth. 52:58.740 --> 52:59.340 Peer to peer. 52:59.700 --> 53:01.320 It's having an honesty machine, a truth machine. 53:01.820 --> 53:04.340 That's why in the white paper, notice if you read it, 53:04.920 --> 53:08.620 every time Satoshi talks about nodes, proof of work and mining, 53:09.180 --> 53:12.340 every single time he uses the adjective, honest. 53:13.220 --> 53:14.580 Honest nodes, honest. 53:14.620 --> 53:14.860 Right. 53:15.260 --> 53:16.220 Honest proof of work. 53:16.440 --> 53:19.120 Because, and this is where I disagree with Roger Vair. 53:19.520 --> 53:23.880 He wanted to return Bitcoin and the Bitcoin cash guys into some sort of privacy coin, 53:24.200 --> 53:28.040 completely missing the fucking most important thing that Satoshi gave us. 53:28.360 --> 53:30.620 A truth ledger, a global truth ledger 53:30.620 --> 53:33.420 that we need to build on top of. 53:33.600 --> 53:37.200 A protocol he gave us where we can own our data. 53:37.780 --> 53:42.440 And, and not be beholden to central planners in a hub and spokes network. 53:42.820 --> 53:47.200 So this is, this is really where the revolution is. 53:47.340 --> 53:52.160 This is why Bitcoin's original design is the technology that is most persecuted 53:52.160 --> 53:53.880 in all of crypto history. 53:54.200 --> 53:57.220 And really this in the reality is, is that everyone knows this now. 53:57.780 --> 54:01.040 The smartest people in crypto already fucking know everything I'm telling you. 54:01.240 --> 54:04.760 And that's why they're preparing to give you that 54:04.760 --> 54:07.380 or a semblance of that drip by drip. 54:07.740 --> 54:12.080 The Solana is that, is giving you the fullness of what Satoshi gave us 54:12.840 --> 54:16.560 in a way where the central planners can still hold control 54:16.560 --> 54:20.760 by being stakeholders and validators and block producers 54:20.760 --> 54:22.640 of the proof of stake Solana network. 54:23.040 --> 54:26.120 This is what they did JP Morgan with Ethereum, 54:26.620 --> 54:30.320 by giving you something where they can still hold control with proof of stake. 54:30.720 --> 54:33.320 This is exactly what they're doing with the lightning network. 54:33.320 --> 54:36.760 Because the lightning network, in its reality, it's a proof of stake network 54:36.760 --> 54:38.240 where you put money up at stake. 54:38.620 --> 54:41.380 So that has liquidity, the hub has liquidity. 54:41.580 --> 54:43.980 Very consolidated, very consolidated. 54:44.520 --> 54:47.060 Again, it's a way for them to keep power. 54:47.980 --> 54:51.340 What's going to happen guys, and this is a big, big fucking deal here is, 54:51.360 --> 54:56.320 is that deep down everybody already knows that the cat is out of the bag. 54:56.740 --> 55:01.020 And that we are, we live in a world now where the person you least expect 55:01.020 --> 55:03.640 can shock everyone the way Satoshi shocked all of us. 55:03.840 --> 55:07.760 Especially now that we have AI, and look at what just happened with deep seek, right? 55:08.100 --> 55:12.640 We have technology that now, that we can outcompete each other easily, 55:12.760 --> 55:16.320 that you don't need billions of dollars with a couple million or a couple thousand now, 55:16.380 --> 55:18.240 you can outcompete anyone in the market. 55:18.820 --> 55:21.460 So they're going through an existential crisis right now. 55:22.040 --> 55:25.360 And what you need to realize is, is that this is a great opportunity 55:26.200 --> 55:27.000 for freedom. 55:27.160 --> 55:28.580 And that's why we need to talk about this. 55:28.580 --> 55:31.600 We need to educate ourselves about these things. 55:32.480 --> 55:37.280 And, and, and, and so we're just barely getting started with crypto man, 55:37.300 --> 55:40.720 because if you really want to get even deeper into this shit, 55:40.960 --> 55:42.160 Satoshi gave us an AI. 55:42.760 --> 55:43.860 That's really what he gave us. 55:44.320 --> 55:48.400 He gave us a swarm intelligence on chain, where through, 55:49.140 --> 55:52.820 through a profit seeking model, through a meritocracy of miners 55:52.820 --> 55:57.060 and entrepreneurs on chain, they seek what is best for the network 55:57.060 --> 56:00.320 and the network automatically has a feedback loop within it 56:00.320 --> 56:04.340 to give it, to assess what's best for us on chain. 56:05.040 --> 56:06.420 This is what Solana is trying to replicate. 56:06.900 --> 56:09.360 Solana is trying to replicate Satoshi's original design. 56:09.680 --> 56:10.980 That's also what Solana is trying to do really. 56:11.660 --> 56:18.100 And this is what the Bitcoin core team is trying to mitigate. 56:19.420 --> 56:23.880 That's why they have the great script restoration that they're deploying. 56:23.880 --> 56:27.880 This is why they, they're bringing in liquidity on chain and BTC. 56:28.120 --> 56:29.040 That is zero knowledge, right? 56:29.460 --> 56:32.720 So everyone is already competing in the same arena. 56:32.920 --> 56:36.320 And the biggest bombshell that we saw, I keep using the word bombshell, 56:36.500 --> 56:39.740 the biggest thing that we saw was that Donald Trump himself, 56:40.040 --> 56:42.220 his company, CIC Digital LLC, 56:43.680 --> 56:47.200 launched the Trump meme using Solana. 56:48.020 --> 56:50.460 Wild, wild, that was fucking amazing, 56:50.460 --> 56:52.920 because it didn't matter how much money you contributed 56:52.920 --> 56:56.140 to the Trump campaign as a centralized exchange like Coinbase. 56:56.160 --> 56:59.340 He literally rung-pulled all of his fucking supporters. 56:59.800 --> 57:03.200 And they were just like, they're still supporting him, though. 57:04.180 --> 57:04.560 He rung-pulled all of them, literally. 57:04.920 --> 57:07.980 Don't you think that Trump, Trump, it makes sense 57:07.980 --> 57:11.340 for someone like Trump that he would want his meme coin 57:11.340 --> 57:14.180 to commemorate his presidency to be, 57:14.180 --> 57:17.000 to be stored on SHA-256 forever, right? 57:17.340 --> 57:19.080 That shit makes total sense to me. 57:19.340 --> 57:20.360 Why didn't he do that? 57:20.360 --> 57:23.960 Because there's just, we live in a world now of better technology. 57:24.300 --> 57:24.340 Right. 57:24.480 --> 57:27.520 And Solana is better technology, is accessible to everyone, 57:27.960 --> 57:30.680 is cheap, spiritualist, permissionless, easy to use. 57:31.420 --> 57:35.660 And so, he rung-pulled his supporters in a way. 57:35.840 --> 57:36.180 Raph. 57:36.320 --> 57:37.000 He really did. 57:37.220 --> 57:41.500 We have to wrap it up soon, but I have one more question for you. 57:42.840 --> 57:44.000 Give it to me quick. 57:44.660 --> 57:47.680 What are your top coins for 2025? 57:49.680 --> 57:51.420 Top coins for 2025? 57:52.040 --> 57:52.180 Yeah. 57:52.940 --> 57:53.660 Hit me with it. 57:53.660 --> 57:53.920 How many do you want? 57:54.440 --> 57:54.920 How many do you want? 57:55.060 --> 57:56.700 Give it to me, wherever you got, I want it. 57:57.020 --> 57:57.460 I want to hear it. 57:57.460 --> 57:58.780 Your top three, your top three. 57:59.380 --> 58:00.660 You're not going to like my first answer. 58:01.300 --> 58:02.800 Uh-oh, uh-oh, come on. 58:03.440 --> 58:05.480 I don't disagree with anything that you have to say 58:05.480 --> 58:06.100 to be honest with you. 58:06.180 --> 58:09.200 Okay, the biggest problem that you guys like us have, 58:09.460 --> 58:11.860 and you said it at the beginning of our conversation, 58:12.080 --> 58:14.260 you're like, dude, I did great for myself 58:14.860 --> 58:16.980 by following my, you know, 58:17.420 --> 58:19.140 Oh, don't tell me Ripple, bro. 58:19.480 --> 58:20.000 Come on. 58:20.280 --> 58:20.580 No. 58:21.540 --> 58:22.640 Number one is BTC. 58:23.180 --> 58:25.000 You have to, we have to listen to the market. 58:25.200 --> 58:26.840 The market is learning. 58:27.280 --> 58:29.340 You have to see Bitcoin for what it is, BTC, 58:29.780 --> 58:33.140 as a place where the world is learning, 58:33.280 --> 58:35.180 you know, about Bitcoin, about these technologies. 58:35.400 --> 58:36.600 Yeah, I don't necessarily disagree. 58:36.880 --> 58:39.200 Look, it holds the brand. 58:39.520 --> 58:42.500 It is the, it's the torch bearer. 58:42.720 --> 58:44.060 It's what people know about it. 58:44.100 --> 58:45.400 Right, even though it doesn't work, 58:45.400 --> 58:47.880 that's the one, when someone says I'm going to invest in crypto, 58:48.180 --> 58:49.040 that's where they're going to go, 58:49.100 --> 58:50.820 because that's what they think, they think Bitcoin, 58:51.120 --> 58:52.880 but they don't know that it doesn't do anything. 58:53.120 --> 58:53.900 It's just they're just- 58:53.900 --> 58:56.380 Like, correct me if I'm wrong, but like, 58:57.280 --> 58:59.220 that's the one that is more leaning 58:59.220 --> 59:02.480 towards the financial benefits rather than the- 59:02.480 --> 59:04.040 Yeah, you, yeah, it's up to what? 59:04.200 --> 59:05.920 A hundred thousand or some shit now? 59:06.060 --> 59:08.020 Yeah, like, if you want to make money, then yeah, 59:08.200 --> 59:08.820 totally right. 59:08.860 --> 59:09.900 Right, exactly, exactly. 59:10.520 --> 59:11.620 But we're agorists here. 59:11.680 --> 59:12.680 We're crypto anarchists. 59:12.840 --> 59:15.140 Our goal is not only to make profits, 59:15.140 --> 59:17.400 but it's also to cause disruption. 59:17.980 --> 59:21.820 And that's why I try to promote things like privacy coins, 59:22.020 --> 59:24.200 coins that do something, 59:24.500 --> 59:25.460 give me anything that just, 59:25.560 --> 59:27.160 as long as you show me some utility, 59:27.440 --> 59:29.540 I'm interested, I want to learn more, you know? 59:29.660 --> 59:31.480 Okay, so definitely- 59:31.480 --> 59:32.320 BTC. 59:32.680 --> 59:34.780 Mike, I have to ask, I have to ask Sal, 59:34.920 --> 59:38.480 do you want coins that meet just your agorist desire? 59:38.620 --> 59:41.040 No, no, your top performing coins. 59:41.660 --> 59:42.620 Performing in the market. 59:42.780 --> 59:43.580 Yeah, overall. 59:43.580 --> 59:44.640 Monero and Solana. 59:45.340 --> 59:45.820 Monero and Solana. 59:45.820 --> 59:48.100 Yeah, yeah, yeah, definitely, okay. 59:48.280 --> 59:50.000 Monero and Solana, by far. 59:51.260 --> 59:51.740 Raph. 59:52.080 --> 59:53.680 Black swan, a black swan event. 59:55.340 --> 59:58.620 Definitely the black swan that could really like, 59:59.520 --> 01:00:01.600 this stabilize and change everything, 01:00:01.840 --> 01:00:03.060 and it's like the hedge of hedge, 01:00:03.740 --> 01:00:04.740 which is the most hate, 01:00:04.840 --> 01:00:05.920 and this is the reason why the propaganda- 01:00:06.460 --> 01:00:07.400 These are the ones I like. 01:00:08.060 --> 01:00:09.140 It's PSV, bro. 01:00:09.420 --> 01:00:11.200 That's the one that, that is the hedge. 01:00:11.200 --> 01:00:13.220 So, it's like 40 bucks. 01:00:14.060 --> 01:00:16.440 It's a hedge against the establishment, 01:00:16.660 --> 01:00:19.740 like a motherfucker, like that's the one that really like, 01:00:20.460 --> 01:00:22.900 but it's, it's, it doesn't have a great upside. 01:00:23.460 --> 01:00:25.260 No, because it's a fucking, it is, 01:00:25.300 --> 01:00:27.300 because it is that hedge, because it is that threat. 01:00:27.580 --> 01:00:29.360 So, keep that in mind. 01:00:29.540 --> 01:00:33.900 Also, I think you can even throw Bitcoin cash into that as well. 01:00:34.980 --> 01:00:37.900 But definitely, to answer your question, 01:00:38.360 --> 01:00:39.240 Solana and Monero. 01:00:39.240 --> 01:00:39.840 Yeah. 01:00:39.880 --> 01:00:42.980 Yeah, I'm going home to buy Solana after this conversation, 01:00:42.980 --> 01:00:43.600 that's for sure. 01:00:43.780 --> 01:00:47.500 And then, obviously, things that follow those lines of thoughts, 01:00:47.620 --> 01:00:47.840 right? 01:00:48.060 --> 01:00:51.660 So, you have, what follows the line of thought of Solana? 01:00:51.920 --> 01:00:53.040 Something like Sui, right? 01:00:54.020 --> 01:00:55.800 So, it's a smaller network, 01:00:56.100 --> 01:00:58.320 but it has a good amount of volume moving in. 01:00:58.420 --> 01:00:59.240 What's the ticker there? 01:01:00.820 --> 01:01:01.260 SUI. 01:01:01.460 --> 01:01:02.240 SUI, okay. 01:01:02.640 --> 01:01:05.960 Yeah, Sui, it's like something that challenges Solana. 01:01:06.540 --> 01:01:10.840 Um, you have, and then something that challenges Monero, 01:01:11.860 --> 01:01:14.360 that's a smaller coin would be pirate chain, right? 01:01:14.680 --> 01:01:16.040 That's, that's where- 01:01:16.040 --> 01:01:19.200 That's at a, you can get a fire sale on pirate chain nowadays, 01:01:19.480 --> 01:01:19.820 can't you? 01:01:21.720 --> 01:01:23.640 So, I don't understand your question. 01:01:23.760 --> 01:01:26.360 It's, it's, it's a, the price is pretty low, isn't it? 01:01:26.440 --> 01:01:29.060 I forget what it was last time I checked on, on our- 01:01:29.060 --> 01:01:30.600 Last time I checked, it was 18 cents. 01:01:30.940 --> 01:01:32.060 It's very undervalued. 01:01:32.180 --> 01:01:33.500 And it's very undervalued. 01:01:33.920 --> 01:01:34.840 Think about it, what's- 01:01:34.840 --> 01:01:35.240 It's useful. 01:01:35.240 --> 01:01:39.320 Crazy mania in 20, in 20, um, 2021-ish. 01:01:39.660 --> 01:01:39.680 Right. 01:01:39.960 --> 01:01:40.460 2022. 01:01:40.860 --> 01:01:42.140 That is shot up to $17. 01:01:42.440 --> 01:01:45.100 And just for the health of a network, 01:01:45.220 --> 01:01:47.640 that's not really good when things shoot up that fast. 01:01:48.080 --> 01:01:49.560 It's nice that they steadily grow. 01:01:51.120 --> 01:01:54.300 And so, I think, I think it's already corrected. 01:01:54.580 --> 01:01:56.600 It's already had its 90% correction. 01:01:57.020 --> 01:02:01.760 So, and it's had a bullish trend in the past six months. 01:02:02.220 --> 01:02:04.300 And then it's, you know, it's fallen away from it. 01:02:04.300 --> 01:02:07.640 But it's still right now- 01:02:07.640 --> 01:02:10.000 I agree with you with that on, on Solana and, and Minero, 01:02:10.100 --> 01:02:11.360 I think you're 100% right. 01:02:12.340 --> 01:02:15.040 We are running at a time, Raph. 01:02:15.220 --> 01:02:16.640 We got about five minutes left. 01:02:16.760 --> 01:02:19.200 Why don't you tell everybody where they can find you 01:02:19.740 --> 01:02:22.420 and give us anything, any links you got for us? 01:02:23.080 --> 01:02:26.160 How do we keep up with what Raphael La Verde is doing? 01:02:27.360 --> 01:02:29.280 Well, definitely sign up for our free newsletter 01:02:29.280 --> 01:02:32.800 at the Crypto Vigilante, at CryptoVigilante.io. 01:02:33.500 --> 01:02:36.160 We just normally talk and focus on crypto. 01:02:36.300 --> 01:02:38.520 We talk about the whole market from an Austrian perspective. 01:02:39.200 --> 01:02:42.180 And I'll definitely go into our free newsletter 01:02:42.180 --> 01:02:43.720 for the dollarvigilante.com. 01:02:45.100 --> 01:02:47.100 Follow me at Vamos Vigilante. 01:02:48.620 --> 01:02:52.120 On Twitter, you can follow us on at Vigilante Crypto. 01:02:54.320 --> 01:02:56.040 And that's pretty much it. 01:02:56.180 --> 01:02:57.180 Follow Ed Boogos. 01:02:59.520 --> 01:03:01.420 That is at Golden Lantern. 01:03:01.860 --> 01:03:03.260 That's all on Twitter on X. 01:03:03.620 --> 01:03:03.760 Okay. 01:03:04.040 --> 01:03:07.100 Follow Ed Boogos or just, just do a search for Ed Boogos. 01:03:07.180 --> 01:03:10.800 I think, um, yeah, he's in, I work with him. 01:03:11.000 --> 01:03:14.380 And in my opinion, he's, he's, um, he's an NFT. 01:03:15.060 --> 01:03:16.440 And I think you should have him on your show. 01:03:16.620 --> 01:03:18.020 Nice. Oh, yeah. Absolutely. 01:03:18.420 --> 01:03:18.700 We have this. 01:03:18.820 --> 01:03:22.080 Actually, I'm in the area of, because there's a lot of, 01:03:22.140 --> 01:03:23.440 he's very knowledgeable on. 01:03:23.560 --> 01:03:26.260 We talk about, we talk about all that shit on here. 01:03:26.560 --> 01:03:28.040 Absolutely. It's right up our alley. 01:03:28.420 --> 01:03:30.880 You should definitely have Ed Boogos here. 01:03:30.880 --> 01:03:31.220 Okay. 01:03:31.960 --> 01:03:35.260 Because he can give you, look, there's a lot of libertarians out there 01:03:35.260 --> 01:03:37.180 that talk about crypto and Austrian economics. 01:03:37.460 --> 01:03:41.000 And I would be the first one to say, um, we got, 01:03:41.000 --> 01:03:46.900 we got so caught up with crypto that a lot of us forget about the fundamentals. 01:03:47.280 --> 01:03:48.600 And he's like the Mr. Miyagi. 01:03:48.860 --> 01:03:49.520 Right, right. 01:03:49.680 --> 01:03:51.420 Give us back the Austrian fundamentals. 01:03:52.020 --> 01:03:55.760 And, and he gives you like the glasses to see the main thing. 01:03:55.800 --> 01:03:56.720 Right, right, right, right. 01:03:56.860 --> 01:03:59.820 So when people are scared talking about the CBDC, for example, 01:03:59.820 --> 01:04:01.240 Ed Boogos is a guy who will tell you like, 01:04:01.300 --> 01:04:02.260 wait a minute, man, calm down. 01:04:02.860 --> 01:04:03.140 Right. 01:04:03.280 --> 01:04:04.780 You've seen this before with the SDR. 01:04:06.420 --> 01:04:10.060 You know, and that sober mindset you, 01:04:10.940 --> 01:04:13.500 you know, I think it's very beneficial for your audience to have. 01:04:13.700 --> 01:04:15.600 So I would, you know, by all means, 01:04:15.740 --> 01:04:17.980 I think Ed Boogos would be an amazing guest for you. 01:04:18.220 --> 01:04:21.780 Raf, we kept you longer than we told you. 01:04:21.840 --> 01:04:23.560 So I appreciate you staying late with us. 01:04:23.720 --> 01:04:25.660 Thank you for filling us in on all this info. 01:04:25.900 --> 01:04:27.420 I'm going to buy some fucking Solana. 01:04:30.740 --> 01:04:31.800 It's a good network. 01:04:32.040 --> 01:04:32.800 It's a good network. 01:04:33.280 --> 01:04:34.260 It is, it is. 01:04:34.400 --> 01:04:37.300 They've had their trouble, but they've always bounced back 01:04:37.300 --> 01:04:38.640 from any issues that they've had. 01:04:38.780 --> 01:04:40.000 And I've always respected them for that. 01:04:40.420 --> 01:04:42.580 I guys said I've made money selling NFTs there 01:04:42.580 --> 01:04:45.100 and I've never had any issues honestly. 01:04:45.520 --> 01:04:47.900 So, you know, definitely something to think about guys. 01:04:48.720 --> 01:04:50.900 Raphael Leverde, we appreciate you. 01:04:51.120 --> 01:04:52.040 Thank you, my friends. 01:04:52.400 --> 01:04:53.140 Until next time. 01:04:53.480 --> 01:04:54.120 Nice meeting you. 01:04:54.320 --> 01:04:54.900 I love you, buddy. 01:04:55.000 --> 01:04:55.400 Take care, guys. 01:04:55.920 --> 01:04:56.360 All right, man. 01:04:56.580 --> 01:04:57.000 Have a good night. 01:04:57.420 --> 01:05:00.620 Now we are dealing with a possible world war. 01:05:00.880 --> 01:05:03.120 Some will say we are already in a world war. 01:05:03.420 --> 01:05:07.700 My condolences and prayers go out to everyone suffering under tyranny. 01:05:07.960 --> 01:05:08.620 It really sucks. 01:05:09.000 --> 01:05:09.740 I'm really sorry. 01:05:10.080 --> 01:05:12.420 But it seems as if people are starting to wake up 01:05:12.420 --> 01:05:14.680 regarding crypto more and more each day. 01:05:14.920 --> 01:05:17.640 And so it's in the description right here to read 01:05:17.640 --> 01:05:19.440 where we give our secret sauce 01:05:19.440 --> 01:05:20.900 and what we teach our subscribers 01:05:20.900 --> 01:05:23.040 because things are just that bad. 01:05:23.360 --> 01:05:24.800 You know, everyone needs this information. 01:05:24.800 --> 01:05:27.280 People need to know about sound cryptocurrencies 01:05:27.710 --> 01:05:30.040 that are actually private by default 01:05:30.040 --> 01:05:32.700 and to know how to properly use crypto.