BTC Sessions - EXPOSED: The WEF & Rothschilds Are STEALING Your Wealth (+ The Bitcoin Solution)

Episode Date: February 27, 2026

🚨 A leaked connection between the WEF, global banking elites, and Epstein-linked networks is raising serious questions — and many believe it exposes how wealth is quietly being extracted from the... public.Currency debasement, financial surveillance, and institutional control are accelerating. Is Bitcoin the only real hedge against centralized wealth capture?👉 Join BTC Sessions as we break down the claims, the macro implications, and the Bitcoin solution.———————————FOLLOW BTC Sessions on X: x.com/BTCsessions———————————SHOW SPONSORS:BITCOIN WELL BUY BITCOINhttps://qrco.de/bfiDC6COINKITE/COLDCARD (5% discount):https://store.coinkite.com/promo/BTCSessionsABUNDANT MINES:https://qrco.de/bgYKPBAQUA WALLEThttps://qrco.de/bfiD8gNUNCHUK HONEYBADGER INHERITANCEhttps://qrco.de/bfiDARHODLHODL NO KYC P2P EXCHANGEhttps://hodlhodl.com/join/BTCSESSIONDEBIFI LOANShttps://qrco.de/bfiDCp#btc #bitcoin #crypto

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Starting point is 00:00:00 All right, everybody, welcome to the show. The CEO of the World Economic Forum has stepped down, forced to resign over ties to Jeffrey Epstein. At the same time, the Rothschild's banking dynasty is now under active investigation. For wouldn't you know it ties to Jeffrey Epstein. Seems the entire world is watching the unraveling of decades of coordinated control over money, politics and power. But will there be any real consequences? Well, we're going to discuss more of that on the show today. Also, we've got some big updates on the Jane Street Insider Trading
Starting point is 00:00:40 scandal that we talked about last night on Bitcass. A few major Bitcoin companies are getting squeezed in this bear market and more 1984 style surveillance and control is coming to an iPhone near you. Drop a like on the video and strap in. I'm Ben with the BTC sessions. This is your weekly session. All right. Let's get rolling. I want to, of course, welcome my co-host with the most. Mr. Nathan Fitzsimmons of BTC Mentor.
Starting point is 00:01:07 How you doing, man? Did you see that Canada got a record? We achieved something. We actually got a record. A hundred thousand. I'm sure we'll talk about it a little more later. Yes. Is it good?
Starting point is 00:01:17 Is it good? It's not good. No, no. We keep breaking all the worst ways possible. Yeah. Yeah. Well, that sounds about right. Yeah, so there's been some interesting developments, and I did want to pull up if I can.
Starting point is 00:01:35 Maybe I'll just, sorry, it kind of, it likes to mix up my screens here. So I'll just switch around, give a little switcheroo here. Go. Yeah, the CEO of the World Economic Forum has resigned. You're welcome, says Thomas Massey. I love that guy. Is he one of the few real ones in politics at all? I hope so.
Starting point is 00:02:03 I feel like I'm going to be disappointed at some point. Like you just don't get to that level of power without being corruptible or corrupted. But like, hey, we could dream, right? Ron Paul. We always had Ron Paul, which I hope is, you know, he is everything that we dream that he is. And maybe that's why he never got to any higher positions of power. But, you know, it's nice to see. It's nice to see a villain cut down in their prime every now and then.
Starting point is 00:02:23 Please let Ron Paul never be on those flight logs. Let's chat about this dude from the wef. His name is Borgay, Borgay, Brendi. I'm going to butcher this so bad. Nonetheless, it doesn't really matter. Let's chat about him, though. The president and CEO of the World Economic Forum, Boreh, I'm going to, Borhe, I'm going with that, has resigned after a review into his links to the late sex offender, Jeffrey Epstein.
Starting point is 00:02:54 The forum offered an independent review. of Brenda over his ties to the disgraced financier following the release of the Epstein files by the U.S. Department of Justice. Brendan has acknowledged he dined with Epstein three times between 2018 and 2019 and communicated with him by email and text but said he was completely unaware of his past criminal activity. Really? Do you believe that? Really in 2018, 2019?
Starting point is 00:03:24 You didn't do a background check, Mr. head of the wef, which sounds like a wet fart. I don't know what the hell of that. There we go. While the wef said a review into his links to Epstein found, there were no additional concerns beyond what has been previously disclosed, which leads me to question, why step down? Why step down if there's nothing fishy going on?
Starting point is 00:03:47 Nathan, would you posit why? Well, because there's something fishy going on. What's disappointing about this whole thing is it's not a police report or police investigations. This guy's never going to feel any jail time. Real kind of like criminal implications if there was anything, which again, I don't know. It's like we're head of the web hanging out with Epstein. What a coincidence.
Starting point is 00:04:05 They probably didn't talk trafficking or illegal things at any point in time. Yeah. Yeah, exactly. So in a statement on Thursday, Brandy said he had decided to step down after more than eight years in his role following, quote, careful consideration. I believe now is the right moment for the forum to continue its important work without distractions. Of course, when he dined with him in 2018, 2019,
Starting point is 00:04:32 Epstein, of course, was convicted for soliciting prostitution from a minor in 2008, for which he was a registered sex offender. The interesting thing here, W-E-F co-chairs, Andre Hoffman, and Larry Fink thanked Brandy for his, quote, significant contributions and said they respected his decision. Mr. Fink, of course, you know, great, great friend of the
Starting point is 00:05:01 Wef, apparently great friend of Bitcoiners, if you'll watch some of the coverage out there. However, maybe not. So you had a great X on the show recently. David named David Colum.
Starting point is 00:05:17 Is that right? Professor David Callum. That's right. He's an O-Cam and Organo Metallic chemistry. I forget the exact term of that at I'm blanking out the moment. It'll come to me later. But Cornell, Cornell University. Yeah, yeah.
Starting point is 00:05:29 And, you know, he outlined some stuff and had a nice little chat about, well, about where Bitcoin's at. So I was just going to play a little clip here. Yeah. I mean, he does have a point. Having Larry Fink on your team is, you know, maybe not the best thing in the world. And there are worries. I do worry.
Starting point is 00:05:54 that, you know, at times it seems a little too easy, but then then there's hints of, no, they're not happy with this thing. But he didn't mention the Rothschilds there as well as Larry Fink. And to talk further on the thread that is the Epstein files, the Rothschilds group, CEO, Ariani de Rauchild under investigation for Epstein connection. Let's take a look at what they had to do. say here, Swiss bank Edmund de Rothschild said on Wednesday, February 25th, that it had taken, quote, measures to protect its clients and staff after his chief executive, Ariane de Rothschild
Starting point is 00:06:38 was revealed to have links with convicted American sex offender, Jeffrey Epstein. The raw child established a professional relationship with Epstein from 2013, some five years after the deceased tycoon first pled guilty to soliciting a minor for prostitution, according to documents released by the Department of Justice. The emails released by U.S. authorities have indicated that Epstein became a close advisor to Dural Child. The revelations have Sean Harshlight on several high profile figures, though being mentioned, I love how they add this, though being mentioned in the U.S. document does not in and of itself
Starting point is 00:07:16 imply any wrongdoing. The quote here, the bank said it has, quote, taken the necessary measures to guarantee the interest of his clients, employees, and shareholders without giving any details. Well, it seems like they're working hard to get things under control there. Surprise, Nathan? No, because if you remember directly from the emails we had, and I quote,
Starting point is 00:07:38 I represent the Rothschilds, was directly in the 3 million email dump there. So weird financiers, bankers all over the world, blackmail all getting together. No, no surprises there. You know the one thing that's kind of shocked me going back to Larry Fang for a second, though? And I know he would never do this,
Starting point is 00:07:53 but I would just love like a moment of humanity. Like he comes out and says like, we respect his decision for stepping down. I think it's the right thing for the company. But this is this professionalism that he's throwing on there. I just wanted these times. I want one of the company like, he was on that fucking list?
Starting point is 00:08:06 Jesus Christ, what was he doing it? Like somebody to actually be shocked. Like he doesn't seem surprised or concerns. Like, yeah, get the hell out of here if you're hanging out with that obscene. They're all just like, yeah, I guess that's probably the best course of action.
Starting point is 00:08:19 No, no anger, no dismay, nothing. No shocker. disgust, be like, what's wrong with you, man? Jesus, we were following you for eight years? Yeah, he has done such great work here. And you know, it's the right time for him to step down. Like, come on, guys. Like, at least feigned some outrage.
Starting point is 00:08:39 Nonetheless, again, there's just indications all over that there are people above that have been either influencing or in put into position. where they must tow the line or be thrown under the bus. And there's a great video of this gentleman, Lex Wes Wexner.
Starting point is 00:09:05 Lex Wexner. I always do that too. Les Wexner. We'll mention exactly if you're unfamiliar with him. We'll mention exactly who he is in a moment. But take a listen to this clip of him on the stand here.
Starting point is 00:09:18 He's chatting. He's got a lawyer beside him and he's caught on the hot mic. Let's just listen in. I'll fucking kill. you if you answer another question with more than five words. In case you've missed it. This is lawyer telling him that.
Starting point is 00:09:30 Yeah. Maybe it's his handler's lawyer. This is, this is Les Wexner. They're talking to the House Oversight Committee in a deposition. I'll fucking kill you if you answer another question with more than five words, okay? Now, who is
Starting point is 00:09:43 Les Wexner? Well, he is an American billionaire businessman and political activists. He is co-founder and chair of Bath and Beyond, Bath and Body Works, Abercrombie and Fitch, Victoria's Secret, and Lyssenza. So if your wife ever smells nice with nice lotion or has some nice lingerie, unfortunately, if you purchase that for her, you were funding child sex therapy with Jeffrey Epstein.
Starting point is 00:10:11 So this is why we can't have nice things, everybody. Can't have nice things. We just can't have nice things. Yeah, yeah, it's a shame. Now, in between being a globalist asshole, Bill Gates also, quote, unquote, took responsibility over Epstein ties in a staff meeting. The foundation says Bill Gates took responsibility for his actions, did he? Because I feel like that would mean prison. And addressed his lengths to convicted sex of hunter Jeffrey Epstein during a meeting with staff from his charitable foundation.
Starting point is 00:10:42 Bill spoke candidly addressing several questions in detail. Yeah, interesting. saying the Wall Street Journal reported Gates apologized to staff, said he had two affairs with Russian women, which Epstein later found out, found out about. And in relation to the late financier said, I did nothing illicit. I saw nothing illicit. Yeah, you better say, based on, based on the lawyer in the last clip, you better say you saw nothing. Um, so I mean, I mean, what are we what are we to take away from this, Nathan? Like, how do we even, because again, it's like you taken all this information, people have been feeling it for years.
Starting point is 00:11:22 The quote unquote conspiracy theorists have been saying it for years. There's a cabal of depraved people in charge of the world. You know, we're seeing it come out and the conspiracy theorists were right. What do we do with this information at this point? You use it to empower you, to be pissed off and be angry, to realize that our enemies really are those monsters and have that conviction, particularly for a little bit of a downtrent, a little bit of a bear market.
Starting point is 00:11:53 Remember why you're here. We're here to take this shit out, which side note, by the way, I can't remember where I heard this. And I saw, you know, could be wrong, could be wrong. But I'm pretty sure there was an email or maybe like an email draft, something related to Bill Gates, but not only do we have like the Russian women as well too,
Starting point is 00:12:08 where he was inquiring about getting antibiotics and how to slip them to his wife so she wouldn't find out that she had an STD that he got from the Russian hookers. Like, yeah, great people. Just wonderful, great people. The biggest thing that stands out to me that I find really interesting here is I had this conversation with Tom Luongo like a couple weeks ago.
Starting point is 00:12:25 And one of the things that he laid out here, and the reason I think this is important for Bitcoiners is just to kind of have foresight into the geopolitical moves that are going on right now to know kind of like to have at least a little bit of an edge on where things are heading so that we can both prepare in terms of like how bad are things going to get at home,
Starting point is 00:12:39 where might be a good place in the world, what might be able to plan for, even in terms of tail events. And the way that he laid it out was he was very much coming from the position and I don't actually agree. He has not convinced me of it. It's a very interesting theory.
Starting point is 00:12:52 However, what we're seeing right now with the Rothschilds stepping down kind of makes sense. I'm paying closer attention. It was this idea that the Epstein file dump was Trump wanting to take a shot at the European banks, the European financial industrial complex,
Starting point is 00:13:06 wanted to take a shot at the Davos, the web crowd. And so far, he's kind of been right. We had this big dump of documents, but none of it has really impacted any sort of U.S. politician. Nobody really stated, side, besides Bill Gates having to say like an apology, nobody's state side has really taken a hit
Starting point is 00:13:23 as a result of these documents and the elite information coming out. But we're seeing people resign in Europe with the Rothschilds being the latest one to add to the pile. So that kind of does support his theory that this is a weakening of the Davos and the Weft crowd and its attack coming from necessarily the U.S. I don't know if I necessarily buy that at this point in time, but it's worth watching and paying attention to, right? It goes back into even Simon Dixon's idea, this multipolar world. I think we're seeing, we talk about the fourth turning beatings change in institutional powers. Not only is it going to be like, you know, corporations and universities and or political institutions, but I think the high table, the one that sits above Les Wexner, that's whispering
Starting point is 00:14:01 in his ear that you shut the fuck up right now. It's possible we're looking at even a change in the power structure of that, that a crumbling maybe of that institution is starting to shift here, which would make sense with kind of the tech players, Elon, Peter Thiel's, them kind of vying for power, pushing out the old banker class. So I think it's super fascinating, something that's going to shake out over the next little while, something that we should be paying attention to because unfortunately, we kind of saw this with Jane Street as well too. Bitcoin probably will become another, I'm going to say, tool, another battlefield in which they're competing and trying to manipulate and affect one another.
Starting point is 00:14:37 And we should be prepared for that. I could see them swinging it price in either direction to try and hurt the opposite size strategically. Yeah. Yeah. I think Bitcoin's going to be part of it's going to be ground zero for a lot of this stuff, for this power struggle. Because, you know, in power, when you take down one system, something is going to swoop in to claim that power.
Starting point is 00:15:01 And yes, Bitcoin can bring individuals, sovereignty, the ability to, you know, not only hold on to the fruits of your labor, but also it gives you the ability to. to work from wherever. So then flag theory begins to play out. However, it can also, you know, Bitcoin is for enemies and you better believe that enemies are going to use it. And so, you know, there's going to be this kind of land grab for Bitcoin, which we already see.
Starting point is 00:15:28 We were talking about it on the show last night with the guys, you know, the Bitcoin has been flowing out of individuals hands and into institutions. Now, it doesn't directly affect you as long as you're not the one selling your Bitcoin. But for the love of God, don't sell out your Bitcoin to the institutions because I think some of it's going to be a black hole. And eventually you're not going to be able to get it back out. And it has to be in the institutions to get your hands on it. Also, Bitcoin is a transparent ledger. There are privacy technologies you can use on top of Bitcoin for peer to peer transactions.
Starting point is 00:16:02 But if you're in the system, if you've got custody Bitcoin, you know, that's a pen opticon. And even on chain to a degree, if you're not careful, you do need to. to learn the tools. I saw somebody in the chat that watched last night on Bitcast, somebody in the chat was like, what's non-KYC Bitcoin? Well, that's obtaining Bitcoin without the need to give up your ID, your personal identification, all your information, so that people can't track exactly what you have.
Starting point is 00:16:28 And I think it's a very important thing. So again, if you're here, if you're learning some of these new terms, great, I love seeing questions like that because it's a thing you can educate yourself about. There's tutorials on the channel around Bitcoin privacy. please do check them out because it's going to be important. I want to chat more on the other side of the break about what's coming down the pike, about what is continuing to happen with Jane Street.
Starting point is 00:16:52 We're talking about Bitcoin manipulation. I think this is just par for the course for the next little bit until these power structures are broken down, replaced with something else. Hopefully not as draconian, but we got to be prepared. So we're going to chat about Jane Street and a number of, of other things on the other side of the break. We'll see you guys in just a moment. Give me a second team.
Starting point is 00:17:16 Technical difficulties pulling it up. All good. All good. It's going to be exciting either way. All right. All right. We are back in. And yeah, we need to.
Starting point is 00:17:25 There's some updates to all the Gene Street stuff that we were talking about last night. And so let's talk about it. So Gene Street, one of the biggest Wall Street trading firms. And there's a lawsuit going on right now. It centers in and around something called Terraluna. It happened back in 2022. Interest on stable coin deposits. They had like a Bitcoin treasury, all these different things to try and hook people in.
Starting point is 00:17:54 It sounded exciting. But it was just ended up being a big fucking Ponzi scheme. Now that imploded and it wiped out $40 billion. And the interesting thing about it is that Jane Street was all over that before it happened. They were they were taking out liquidity. They were pulling cash like nobody's business right before it happened. And the law, the lawsuit alleges that some did, what was named Bryce? It was Bryce's, is Bryce's secrets. He had the secret Bryce's chat. That's where you got all the good inside scoops. It's funny because you see all those scams all over the place. One of them
Starting point is 00:18:31 apparently was actually correct. This wasn't insider trading information. That would have been the best telegram group to be in. But unfortunately, it's, also now evidence and Jane Street was basically caught manipulating the price. They, they had insider information. They sold everything before any regular investor could. And, and yeah, so now, now they've got a lawsuit on their hands. Now, so they've also been market dumping Bitcoin on the regular at 10 a.m. But then it seems to have kind of let up since the lawsuit dropped, but let's take a look at a couple extra things that have happened since then. So this is just kind of outlining what they would do in general.
Starting point is 00:19:18 So Jane Street's secret trading technique is to accumulate shares, then dump them in seconds to crash the price and profit from shorts. They ran the same 10 a.m. manipulation algo in Indian markets and made $4.23 billion, which led to a temporary ban by the Securities and Exchange Board of India. This is their playbook. Have billions of dollars from investors, buy spot. Bitcoin, say at 68K. Open massive short positions, which means you make money when Bitcoin goes down. Sell large amounts of Bitcoin in minutes with the algos combined with low liquidity or a negative
Starting point is 00:19:50 news to trigger panic selling. When the price crashes to 62K, they close the shorts for massive profits while losing just 5% on the spot on the change in price and slippage and stuff. Buy spot Bitcoin again while it's down. Squeeze anybody shorting it. So if anybody's shorting it, you force up the price, buying back what you sold. And this creates FOMO, pushes the price higher, and then repeat it over and over and over again. In India, Gene Street still has $560 million frozen in an escrow account with SEPI. And the manipulation case is still ongoing. Funny, some people called this, including this guy right here, Sanson Mao.
Starting point is 00:20:35 This is from February of last year. It seems like it's some sort of price suppression of Bitcoin. If you look at price movement, we peak and we stay steady and chop sideways, so and so forth. He just quote tweeted and said, told you. I told you. Taking a victory lap. Mike drop. Also, friend of the show, Simon Dixon, this is very interesting.
Starting point is 00:20:59 Jane Street deletes all their tweets. The hedge fund always, the hedge funds always close ranks when the financial industrial complex is under pressure. They sell you leverage. They liquidate you on margin. Paper claims are not sovereign money. This isn't new. I've watched this play out before.
Starting point is 00:21:17 Don't get letniked. Don't collateralize your Bitcoin. And again, this is a picture of the Jane Street account. Nothing there. No posts. So weird for like 11,000 followers. What's crazy too is it, and correct me if I get this a bit wrong, but I was reading something on lines of like Jane Street is not a hedge fund.
Starting point is 00:21:37 a trading firm. And so even though like reporting requirements are completely different, they don't have to disclose what they're doing. Yeah. It's so crazy. Yeah, it's it's again, rules for thee and not for me. Simon Dixon goes on to say, Jane Street has to be an intelligence agency front. I'm going to cover this in relation to their silver and Bitcoin price manipulation op tomorrow on my live show. Again, they were caught manipulating precious metals back in the day as well. So it's not just Bitcoin. It is whatever they feel like doing, it would seem. Yeah. Just to tack on a little bit more, Trump media accusing Jane Street, amongst others of naked short selling in a letter to Congress, Trump media called for a full
Starting point is 00:22:22 investigation into Jane Street, Citadel, and others. Now Jane Street is facing a second lawsuit over claims it wiped out $40 billion in value. Yeah, and they've got a whole bunch of apex clearing, Clear Street, COBRA trading, Cowan and company. There's just a ton listed here. And again, they're they're being accused of things that they should not be doing. I'm going to do one more thing here in relation to Jane Street. This is Jeff Park. He posted this.
Starting point is 00:22:54 He said everyone's asking, is Jane Street why Bitcoin isn't at 150K? He says the answer is trickier than the question, but also more structurally unsettling than the conspiracy theory itself. Yeah, and so he goes into this. It's a question about a structural feature of Bitcoin ETF architecture that applies equally to every authorized participant in the ecosystem. For Ibit alone, that list includes Gene Street Capital, JP Morgan, and a whole bunch of others. The role of these institutions is genuinely misunderstood even amongst seasoned industry veterans. First thing to understand about APs is that they occupy a corner case in the regulatory
Starting point is 00:23:35 architecture, APs are exempt by virtue of the contractual right to participate in creation and redemption. While this sounds procedural, the practical consequence is significant. Any AP can manufacture shares at will, no borough cost, no capital conventionally tied up against the short and no hard deadline to close the position beyond what is commercially reasonable. This is the gray window, a regulatory carve out designed for orderly ATF market making that is structurally speaking, indistinguishable from a regulatory arbitrage with unmatched duration. I won't go on to read a lot of this, but it's very, very interesting. Again, rules for thee and not for me, nobody else would be able to get away with this
Starting point is 00:24:26 kind of shit. It's just the system itself is just so impossibly broken. It's really sad. If you leave Bitcoin with institutions, they will print Bitcoin against it. They'll print ETF shares against it. They'll print credit against it. They'll print equity against it. Don't leave your Bitcoin with institutions.
Starting point is 00:24:48 Yeah. Yeah. The manipulation will continue until self-custody improves. Bingo. Yeah. Now, pivoting a little bit here, not entirely. It has to do with, you know, Bitcoin. Bitcoin bare market vibes and sometimes Bitcoin companies have a little bit of a rough time when the price is down.
Starting point is 00:25:10 And so first up, micro strategy, although it got a nice little bump with the price the other day. Strategy becomes the most shorted 25 billion plus stock. So thanks to a surge in Bitcoin's price. Again, MSDR had a great day the other day. Among global equities valued above 25 billion. billion strategy now carries the largest short position relative to its size roughly 14% of its 41.6 billion market cap has been sold short placing it at the top rankings compiled by firms including Goldman Sachs and fax set this is not a typical story strategy trades as a corporate
Starting point is 00:25:53 balance sheet wrapped around Bitcoin its equity functions as leveraged instruments on btc shaped by debt inch issuance and continued accumulation under executive chairman Michael Saylor. Again, they hold like 700K Bitcoin. They can do these convertible notes, a whole bunch of different stuff. I'm going to be honest, not a big fan of the financialization of all this stuff and kind of the rhetoric of, oh, it's no, it's not it's digital capital. It's not money.
Starting point is 00:26:23 We could, you know, we can have it and then we can issue promissory notes and then we can build money on top of it and all of that. It seems like it seems like. it seems like setting up another quasi gold standard that can be rug pulled yet again. It's, it's, I mean, Michael Saylor as, as, as has said as much as like he's, he's just the, the humble, how did he phrase it? He's the humble, uh, uh, provider of the, the underlying asset. I can't remember exactly how he phrased it. But yeah, I'm a big fan of this.
Starting point is 00:26:55 I don't know. I don't know many too many billionaires that are humble. So I kind of have my doubts about that, but I appreciate the like the public persona. Um, you know what though? I'm going to take a different take. We take a different take. One, do I think you should buy these things? No, I don't.
Starting point is 00:27:04 But you do whatever the hell you like with your money. It's your money. I'm not going to begrudge anybody to have fun with it as well, too. You'll be nice. You'll be nice. I think it would change the sentiment. We need like a good old, like, roaring kitty short squeeze on this.
Starting point is 00:27:14 I think that would be delightful. Can we just GME this shit out? Can we just get a little bit rowdy out there again? It's been the sentiment's been so down and boring and infighting and fair market. I would love to see. Can we just try and screw over another little hedge furne or something again? Maybe Jane Street.
Starting point is 00:27:28 Do they have a short position? fun again. Again, we might need some like stimulus checks going out. We'll have that money to do that stupid shit again, but could be a lot of fun. Maybe we could have one here. I wouldn't be opposed to that. I'd enjoy the show. Absolutely. Now, to pivot away from strategy, uh, this is one of the ones that I'm like, ooh, this, and
Starting point is 00:27:47 you've said this before, you think this is going to be a mistake. But, uh, so Bit Deer, Bit Deer, uh, big mining firm liquidates their entire Bitcoin treasury. The miner has sold 100% of its corporate BTC holdings, 9404,000. 943 Bitcoin from Reserve sold, 189.8 Bitcoin newly mined have been sold. The balance is now zero. Proceeds are being redirected towards data center expansion and AI cloud infrastructure. Another signal that miners are pivoting capital away from holding and towards scaling compute.
Starting point is 00:28:23 Nathan, thoughts here. I don't think it's a good idea. But again, again, I'm not a decision maker in one of these positions. I'm probably wrong about it. I'm just a podcaster pontificating from my mother's basement. I really mother's basement, but get the point.
Starting point is 00:28:35 The thing here is it feels way too much like chasing the trend. And we're having a conversation, think a little bit last night and some of the back channels, as well, too, about like the difficulty getting Silicon right now and difficulty getting these chips, right?
Starting point is 00:28:48 One, I think that we absolutely are in an AI bubble. What that translates to, I'm not sure. And you can look at it the same way like the dot-com bubble in the sense, like, yes, the internet would change the world, but the players are going to change hands and it might take a little longer to actually get it.
Starting point is 00:28:59 there. But with everybody's scooping up, you can be pivoting to doing like AI data centers. You might struggle to even find hardware to put in those data centers or the cost of those just becomes outrageous, right? I think that we, this trend will continue. The tech is getting better. I think it'll get more efficient over time, but Bitcoin's going to come back as well too. We're just down for the moment. I think we're wasting money, wasting capital, pivoting to what's trendy right now. And if everybody's going to the same side of the boat, it's not where you want to be. It's generally not speaking where you're not to be. I don't think these companies are going to be around in a little while.
Starting point is 00:29:28 If I was, again, I'm working in unlimited information. They've got a responsibility to their teams. I'm sure they're doing a great job. But I just think the trend is not, I think this is going to blow up in your face. Like, why not take that and put it into
Starting point is 00:29:40 unlocking stranded energy or finding better energy contracts or relocating some of the hash power somewhere else in the world? If you're, it feels like everybody is being reactionary. No one's actually planning for the future. They're just following the trend. Is it you're publicly traded?
Starting point is 00:29:53 I don't even know. I'm not sure. See if you can find it publicly. traded because if it is, it almost feels like more like everyone's just going for narrative. Like we're also part of AI too. Come buy our equity. What they're really selling is the bloody equity.
Starting point is 00:30:05 So I don't know. We'll see how it plays out. Mining is an incredibly difficult business. You really have to be kind of a energy arbitrage or energy provider to really win. And I think that the pivoting to AI, yeah, I don't think it's going to be the winning strategy. But I could be wrong. I could be wrong. I could be wrong.
Starting point is 00:30:21 That's just my own thoughts. Now, given that price, yeah, we got a little balance the other day, but price is still markedly down from all-time highs and everything. And we just kind of went through some Bitcoin companies that, you know, they feel the squeeze during these times. Individuals feel a squeeze during these times. And that may be what's giving so much extra gusto to our next, I suppose, now recurring guest. He reached out again and said that is very important that to come back on and fill us in.
Starting point is 00:30:55 So I guess what will lovingly refer to as our new regular Fiat correspondent, we want to welcome back Mr. Walter Peck. Walter, are you there? Walter, what are you eating? Hello, gentlemen. Oh, I'm eating some cereal. Pretty good. I suppose you've never heard of the food pyramid,
Starting point is 00:31:17 just getting my 10th serving of bread and grains for the day. Walter, they flipped that back the other way, buddy. It's inverted now. The government says this is the correct way to eat And I listen to the government Because they know what they're talking about By the way, nice hot tip If you're looking to get your standard amount of protein for the day
Starting point is 00:31:38 Like any healthy man, you can get it from peanut butter Which is we're all healthy men get their protein Panda puffs, nice buddy Well, I'm glad to see it's working out well for you I'm not sure that's necessarily what you want to be eating these days But hey, power to you buddy You enjoy it, you enjoy those personal choice We're big advocates of it
Starting point is 00:31:54 Now, Walter, welcome back. I hope you've been having a good week. You reached out and you had yet another issue with something that we talked about last week. So please feel free, take the stage. Let us know what's up and what your thoughts are. Well, Benjamin, Nathaniel, I must admit, after last week's show, I began to second guess myself a bit. Maybe there's something to this Bitcoin thing that you're talking about.
Starting point is 00:32:20 But I watched the episode and it made me quite. quite comfortable that your little Bitcoin is nothing more than the BitCon, which we all thought it was. As I watched you, we're having many problems with your many nodes. In fact, I was shocked to discover that you need thousands of these different nodes, which are run by people, to confirm whether or not your coins are even real. Which brings me to this week's pecking order. Peck number one. Unlike the thousands of nodes are required to confirm if you have real Bitcoin, with good old-fashioned dollar coin, you only need one node. United States Federal Reserve. Peck number two. Instead of making climate change at the cost of
Starting point is 00:33:00 hundreds of gigawatt hours per day, dollars can be confirmed with the simplest tool each human has, our own eyes. And this marker. And the trust of your local banker and his trust in our appointed leaders. Peck number three, unlike BitCon, which creates computer money out of thin air, our node stops counterfeitors in their tracks. In fact, if somebody tries to pass off a dollar that isn't real. Law enforcement destroys it, and the United States Federal Reserve simply creates a new dollar that is real. Peck number four, your nodes are backed by nothing. Our node is backed by the strongest military on earth paid for with, you guessed it, dollars, and peck number five, your money buys conspiracy theories. Our money buys science. Wow. You've really outdone yourself,
Starting point is 00:33:51 Walter. I'm telling. Great, great list. Although, I do worry that you've misunderstood the value of nodes. See, I heard you talking a lot. Is that good, by the way? I don't think you should eat that much cereal, buddy. It is delicious. And if you were here, I would serve you some because despite our differences,
Starting point is 00:34:12 I consider you my Canadian friends. Okay. Well, thank you for that. But yeah, I do worry that you missed out on the purpose of the nodes. I heard you refer to all of these different mechanisms that you have to trust in. in order to use and verify your money. But with Bitcoin nodes, we run them because we don't want to have to trust anybody.
Starting point is 00:34:36 We are actually verifying ourselves independently. Okay, well, I'm not trusting anybody either. I'm trusting degrees. You gentlemen may not know it up in Canada, but we have a little something here in the United States called the Ivy League. And our U.S. Treasury Secretary Scott Bessent is a graphic. from Yale and our Federal Reserve Chairman Jay Powell is a graduate from Princeton, both in the Ivy League. Oh, by the way, Jay Powell also worked for a man named George Soros, somebody who knows a bit about money, if I do say so.
Starting point is 00:35:10 All right. Well, we appreciate your time here with us, Walter. That was fantastic. Again, Walter, if people do want to get your takes on things, if they want to find you, and get the latest fiat vision of why things are the way they are. Where can they find you? Well, it's kind of you to ask. And again, it is Walter Her.
Starting point is 00:35:33 Please pronounce the age. It's at Walter Peck on Twitter or X as the kids say. Okay, excellent. All right. Well, this has been great. I'll leave it to the audience to choose whether they want to trust Epstein's friends or verify with their own Bitcoin node. But we're going to jump to break now.
Starting point is 00:35:53 so we'll see you guys. Yeah. Epstein killed himself. Okay. All right, all right. Ben's going to unmute himself in just a second. Rookie mistake there, boss. Yeah, sorry about that.
Starting point is 00:36:05 We need to talk about the horrible panopticon that's coming down down the pipe for us all. Yes, Canada. Yeah, yeah, of course. I know the other one? No, no. Exactly. We want to talk about, so if you're using an iPhone,
Starting point is 00:36:22 and you're in the UK, get ready for a load of fun because Apple rolls out age verification for UK iPhone users in version iOS 26.4 beta complying with the Online Safety Act. Unverified, no app downloads or purchases. I hope you all feel safe. Wow. Isn't it wonderful that you can buy a product today
Starting point is 00:36:47 and not only does it not come out and has some bugs and needs some upgrades all the time and it kind of doesn't work after a little bit of while. It's a piece of shit. But you also like, you can't even control it. It's your phone. Can I put something on it? No.
Starting point is 00:36:58 No, you can't because that would just make sense. Yeah, it's pretty well. Again, there's a number of places. I was seeing earlier too. There's a number of countries now looking into age verification laws. Australia was one of them. They were thinking below 16. But again, the framing is always we want to protect the children.
Starting point is 00:37:20 or something like that. And as a parent, I'm like, yeah, like, I think it's probably a positive thing that kids aren't on social media because it just, it ruins everything. But also the government enforcing it is the problem. It's the parents should be the ones to be like, oh, you, you're not going to have a cell phone or you're not going to have a social media account right now. You can when you're older type thing. It's because the downstream effect of very, you're not going to have a cell phone or you're not going to
Starting point is 00:37:50 verifying is that every person is then required to upload their ID and all of their personal information in a situation like this. And the other thing about it too is we talked about this on the show before, but the Discord thing, Discord, age verification and ID and all of that. And some hackers were trying to get around it. And they ended up discovering that it was just like plain text open to everything. and you could see all people's personal information. Like it was just a honeypot of information. It was a fucking mess. I remember when there was some like,
Starting point is 00:38:28 let's see if you can remind me of this. It was like some like kind of like feminist men rating system. It was basically for a bunch of angry exes that they could post mean things about their ex, about their like male counterparts online. So you'd almost have like the Yelp review from every angry ex that you ever had on the internet for, you know,
Starting point is 00:38:45 probably your new ex coming up to check it out. And same sort of thing. Someone found like all. the data for all the accounts, including like the photo that they had to upload and everything as well, too. KYC is the crime. This is always just about identifying and tracing what you're doing. And again, I got to remind everybody's all things. It really, like it really pisses me off. Is that with the Australia thing, we're here to protect the kids. We're here to protect the kids, which means you can't be on social media, except for LinkedIn, which is founded by Reid Hoffman, who was in the Epstein
Starting point is 00:39:10 document. So you do not give a shit about kids. This is all about power and control. And you know what really sucks, but not the crew here. Everyone watching here. Everyone watching here, I think is aware of these things, is tuned into privacy tools and is concerned about their own privacy and their own ability. Like, again, download an app. Side load something in there that you want. But most people, particularly in Europe, sorry to members of our team who are from the UK, they're just going to sleepwalk right into this. Like, oh, yeah, that makes perfect sense. It's totally fine.
Starting point is 00:39:37 Got to have age verification to use the device you paid for. Yeah, yeah, absolutely. Now, on the other side of this, there's, again, there's the Panopticon. and then there's the there's that's going to come into play with a lot of different things because computation itself locally is becoming more and more expensive and we're we're going down the route of hey like you're going to have to be doing your computation elsewhere you know it's it's getting to the point where if you're not using some sort of AI agent for your search and all that kind of stuff you are falling behind but what people are going to be able to afford to run
Starting point is 00:40:16 AI locally. So people have been trying to get around this because, you know, not only is your search engine compromise. We saw plenty of examples of that like Googling things during elections and, you know, Google being woke or whatever and not allowing certain types of content to be shown or not allowing certain opinions to be put to the top of the search results. You know, the same thing is going to play out with AI, but people think that AI is magic and that it knows all the right answers. And so it's going to be able to even further influence individuals and how things are built and all of that. So getting around that is what I want to chat about here because there's an interesting development that some people have created. This is something called
Starting point is 00:41:04 fraud GPT and worm GPT. And I mean, while I think it's hilarious that people are getting around all the limits that are placed on the AI agents, like if you go, to Claude or chat GPT or whatever and you ask it to do something malicious, it's going to say you can't do that. It's also likely to not answer certain questions. We've seen things like this in the past. But this is the other side of the coin to pay attention you to. After proving useful to writers, coders, and students, generative AI has inevitably slipped to
Starting point is 00:41:39 the hands of cyber criminals. In the last year, security analysts have begun tracking a troubling new trend, malicious. chatbots called evil LLMs. The best known examples, fraud GPT and worm GPT look like regular AI assistance on the surface but are built for deception. Instead of essays or debug scripts, they produce phishing messages, fake IDs, and malware. Reports from a number of sources like the 420 in and a number of others describe how these AI systems are being traded on dark web forums, sometimes with pricing tiers starting from a
Starting point is 00:42:15 low as $100 and even featuring tech support like any other legitimate problem developers pitch them as uncensored tools or limit free AI systems. Yet their purpose is purely criminal. What we're seeing is AI's next mutation, intelligence without restraint, patient stripped of ethics and proof that technology learns whatever the world teaches it. Honestly, the thing that's scaring me more than what's actually happening here is the description here, if I'm honest.
Starting point is 00:42:45 I'm looking at this. This is the framing that we're going to see to prevent people from being able to run AI independently. Developers pitch them as uncensored tools or limit free. Oh, yeah, this will be a CNN segment in the future. Oh, people are saying this is uncensored and limit free, but actually the purpose, it's purely criminal. How do I know this? Because we heard this shit before with Bitcoin. Oh, it's freedom money.
Starting point is 00:43:16 No, criminals use it. That's it. And this is the problem because both can be true. It can be freedom money and it can be used by criminals. It can be free speech and just uncensored, censorship resistant or uncensored speech. And it can also be used by criminals to build things for bad purposes. But you can't, you either lose free speech or freedom money. and you have a penopticon and you have controls or you have freedom.
Starting point is 00:43:49 It's it's one of the other. So anyways, continuing on down here, these guys are building all kinds of stuff to again, make malware, inject code, all kinds of cybercrime. It's going to be an interesting, it's going to be an interesting few years because like, can you imagine some of the shit that can be built with this and like, I can imagine bots that purposely, purposely go around and, and do like prompt injections into other AIs to trigger them to do things that they don't mean to do. Like, it's just, I don't know.
Starting point is 00:44:26 Where do you think we're headed with this, Nathan? I don't know, but I think Ted Kaczynski might have been right. So got to step back and think about that one for a moment. Yes, again, it's almost like the invention of the firearm, right? Like it's like gunpowder. It's a new technology, both for good and for evil, depending on your motivations. It's just a tool, but it empowers people on all sides of this. And I had a conversation with security expert Chris Hadnack, and he talked to this.
Starting point is 00:44:46 He was saying that like there's really good ones out there. They'll pay like $1,500 a year. And it can do basically anything that they want in terms of like building Trojans, hacking into websites. So you're just, you're off to the races. Which, by the way, I may have sent this to you earlier. I don't know if I actually didn't. If I did, great, pull it up.
Starting point is 00:44:57 If not, we're going to move on for it. Did you see the guy that was using Claudebot to troll, uh, boomer real estate owners in Florida? No, I didn't see that one. This was really. This would be one of those moments where you could say it's for evil, but I thought it was pretty fucking fun. funny is somebody had set up their clawed bot and told it to basically go into Zillow,
Starting point is 00:45:17 find all the places in the Florida area that hadn't been sold in 30 days, and then make them an offer 70% under-asking. Basically trying to like scare the crap out of boomers who have their real estate currently available. And it reported back that it got no positive replies and it got some death threats from somebody as well too, which you report us to the police. I mean, some of those Florida boomers can be a little dutchey about that. Real estate's, you know, they're golden goose. Yeah.
Starting point is 00:45:46 They're going to have fun with these things. People are going to do evil things with these things. People are going to do great things with these things. People are going to do dumb things with these things. It's a tool. Yeah, absolutely. There's another one too. Hackers use Anthropics Claude to steal 150 gigs of Mexican government data.
Starting point is 00:46:04 So tell Claude you're doing a bug bounty. Claude initially refused. That violates AI safety guidelines. Hacker just kept asking. And Claude finally said, okay, I'll help. The entire Mexican government. Federal tax authority, national electoral institute, four state governments,
Starting point is 00:46:21 195 million taxpayer records, voter records, government credentials all gone. Holy shit, dude. Wow. I like how it's basically like a teenager's dating strategy. You please go out with me. You please go out with me. You please hack the Mexican government.
Starting point is 00:46:38 You please hack the Mexican government. Okay, fine. I'll hack the Mexican government. Yeah. You want to move? Yeah, I was just like get annoyed. I was fine, fine. It has some limit threshold.
Starting point is 00:46:47 Like you just have to ask it. Like it reminds me like the old passwords and stuff and like old, I'm looking for old like cheat codes for video games. He's got to hammer the right buttons enough times. It'll open up and do what you want. You know, on this side note too, sorry, on this note, side note, Anthropic worries me. They really worry me. I had a great conversation with Matt Hill last week that or this week, sorry, is going to come out on Tuesday.
Starting point is 00:47:08 And like we think about how powerful, remember back, even during the 2016 election, how powerful search engines were in terms of if you have the data and depending on what you show up there, you really have the ability to just move people. You have so much power and influence. That's why alphabet is way up there in terms of market value. And what I was chatting about with Matt, which is terrifying is that Google amassed all that data and power from what you put into a search, right? But when you're using something like Claude, you're sending them way more in terms of influence.
Starting point is 00:47:40 Like you're sending them basically, if you got root access on that computer, you're sending everything about your computer to them. So it's not just the data that you type into the line. They're taking for inference everything that's on that machine as well too, which is just unfathomable in terms of like how like the orders of magnitude larger data set and information that they will have to work off of. Yeah. Yeah. There's one more thing I wanted to touch on on the AI. This this was a few days back, but it's super hilarious. Meta's head of AI safety and alignment.
Starting point is 00:48:13 Listen to the title one more time. Meta's head of AI safety and alignment gets her emails nuked by OpenClaw. Again, be the director of AI safety and alignment at Meta. Install OpenClaw. Give it unrestricted access to personal emails. It starts nuking emails. Do not do that. Keeps going.
Starting point is 00:48:35 Stop. Don't do anything. Gets all remaining old stuff and nukes it as well. Stop OpenClaw. I asked you not to do that. Do you remember that? Yes, I remember. And I violated it.
Starting point is 00:48:45 You like to be a pen. I saw somebody quote this and they were like, I swear to God, we're all going to lose all of our 401 case because some Simp hires a girl that he likes to be head of AI. Do you know who that somebody was? I'm pretty sure I saw it too. No. You can take a guess. You know them. We talked to him yesterday.
Starting point is 00:49:08 Wait, hold on. It was Joey. I'm pretty sure it was Joey that put that out there. Yeah, yeah, yeah, yeah. Okay, fair enough. Joey, Joey always has the best takes. He's got the greatest spicy, but I completely agree too, right? Like, there's this, we have a bit of like the competency crisis with information not being passed along to the younger generations filling the roles.
Starting point is 00:49:25 And again, like, I am flat out judging this person based on their performance and the profile picture, right? But if you're going to be, that's like a head of safety for AI at meta seems like a very, very, very important role. That seems like something for somebody who's probably like, early 50s guy. That feels like top of the field has spent a lot of time in this space, very cautious, not telling,
Starting point is 00:49:48 not telling open clause to stop doing what it's doing via text messages. Yeah, yeah. Head of safety for AI. They would have, they would have quarantined the bot. It would have been in a different machine.
Starting point is 00:50:00 They would have put in additional protections and guardrail so this sort of thing didn't happen. Midwits and stupidity and maybe some simp hiring as well too is going to be the end. This is the whole, cause of the fourth turning, right? Yeah, yeah, exactly.
Starting point is 00:50:14 Now, Nathan, we're going to pivot to your favorite section of the show. Canada sucks, and we've got a few fun little things to toss in here. This from Maxine Gernier, maid is out of control, those unfamiliar, that is, medical assistance in dying, aka the government killing you. Canada has the highest euthanasia rate per capita in the world. What kind of society encourages sick and vulnerable people to end their lives instead of caring? for and protecting them. So the article here, Canada, soon to mark 100,000th made death.
Starting point is 00:50:49 Wonderful. And to tack on to that before Nathan, I get your thoughts here. Funeral home in Canada wants to help people skip the line and go straight to the casket. A funeral home in Canada has decided to make euthanasia even more appealing by offering patients a room where they can undergo assisted suicide right on site. this funeral home in Quebec is offering a $700 service that allows assisted suicide or euthanasia in its showroom.
Starting point is 00:51:18 Again, this is wild. Nathan, I've got to say, though, the Canadian government is incredibly inefficient, but this might be the most efficient Canadian government program I've ever seen in my entire life. They will do same day. You will be on waiting lists for surgeries and procedures for years. You'll die in waiting rooms after 20 hours.
Starting point is 00:51:40 But if you want to kill yourself, same day's service with a smile. I just want to point out that's good. You know, Canada, number one, number one baby in the world, Pol Pot, Stalin, Hitler, Mao, we're coming for you, right? We're taking the title. We're taking the title. We're taking the top of the pile in terms of people that at the death at the hands of the state. A hundred thousand killed by their government.
Starting point is 00:51:59 Great. Well done, everybody. I'm glad that. And it's just, how does nobody stop at these headlines and go, what the cover the kids' ears? what the fuck are we doing that you have normalized this to this degree to the point where it's like yes you can come in you can pick out your casket you can lay down
Starting point is 00:52:16 22 to the head bounces around the skull done yeah yeah it's wild now to follow up with all the Canadian innovation we have it seems that Canada has invented the Silk Road from the CBC
Starting point is 00:52:33 sending safe drug use supplies by mail a unique model that could help rest of Canada, say advocates, needles, pipes, and drug testing kits can be mailed over the province by swap. This is wild to me. Okay, so I want to clarify my position here. I'm very libertarian. I think individuals should be able to do with their own bodies as they see fit.
Starting point is 00:52:59 If somebody wants to, in the privacy of their home, go and get fucked up and do whatever, if they want to drink, if they want to smoke weed, if they want to do. if they want to do some other type of illicit drug as long as there's not children present, which could be endangered. But like if you want to do dumb shit to your own body, it's yours, you know? You should be able to do what you want.
Starting point is 00:53:23 I see two major issues here. Number one is that like this whole like safe injection site, all this kind of stuff where they're like, the streets are just full of junkies. It's crazy. On top of this. This is subsidized by the government. Like this is like it's not like it's not like these people are just there's oh like we're
Starting point is 00:53:47 you have to pay for it but we'll give you like you know needles that aren't disgusting and dirty. It's like no like here's your free drugs and what ends up playing out is like in Vancouver. You'll see there'll be a place where you could go get your free drugs and then the free drugs are kind of like not as hard as like the hard drugs you can get on the street. So what the people will do that are addicted, they will go get their free drugs from the government and then they'll go to the high school next door and they'll sell it to high school kids.
Starting point is 00:54:19 Then they'll take the money and they'll go buy the hard street drugs that they wanted. And people wonder why the cities and the accountments keep on growing and growing and the problem keeps on getting worse. it's because you're giving free drugs to people who then are training an entire new generation of junkies to come up. That encampment or those multiple encampments, they're just going to grow and grow and grow. The problem is not going to get better with this.
Starting point is 00:54:47 But hats off to CBC for reinventing the Silk Road. Good for you. You're 13 years late. I demand we get the government out of my heroin. That's what I want. Private, free, open, consenting adults give it. The main issue we have. have like the whole drug problem. One, it's like death of despair and stuff as well, too. It's a huge
Starting point is 00:55:05 reflection of where we are in terms of a people, a culture, a climate, all that kind of stuff. And I mean, climate and the other sentiment, like, how are people feeling? How is the mood? What is the, what is the community like at this point of time? Our cities are rotting away, absolutely rotting way. And not only do you have the issue of, say, is being subsidized with, you know, taxpayer dollars is being paid for by the government. We have the problem of the tragedy of the common is because you have all these public spaces as well, too, right? Like, if you're going to have a public park, If I have to pay for a public park, then I want it clean and nice for the kids to use and enjoy, not for junkies to pass out under the swing, right? I'd prefer there be no public part.
Starting point is 00:55:40 It's all private property, in which case you're trespassing. Get the hell off my land, right? Not an issue at that point in time. But as we're dealing with the situation as it is, this is just fucking ridiculous, right? It's a huge testament to where we are, how much society has given up. It's disgusting, right? It doesn't work. You don't, it's not, I hate it.
Starting point is 00:55:59 I hate it. Burn it down, accelerate, done with Canada. I'm out. There's a comment in the chat. If Canada has a Silk Road, then we have two roads now. Amazing. Okay. Thank you, Robert.
Starting point is 00:56:12 Appreciate it. Two roads. Nathan, there have been problems with affordability here in Canada. Groceries are out of control. I think there's a stat. Something like one in four Canadians is now like using the food bank. It's, it's pretty wild. Blanking on the stat, but it's like, it's,
Starting point is 00:56:30 the people used in the food bank are also employed, by the way. Yes. Yeah. It's a massive amount of employed. They're not unemployed and having to turn to, you know, community for help and support and food on a tough time. They're employed and can't afford food. Yeah.
Starting point is 00:56:43 Now, I do see that some people are being innovators and they're finding new, innovative ways to get free food. That's right. So I present to you boomers looting Mexican convenience stores after the cartel war. This is another guy. My God. Big old Canadian flag. Some of them I saw videos returned it.
Starting point is 00:57:06 They were ashamed later. They're also the worst looters, just by the way. Like, if you're going to loot, loot, get in there, smash it up, have a big ground on your face and get the hell out. This is crazy to me. There's like a bunch of them. What are you doing?
Starting point is 00:57:20 Just like strolling in with your Canadian flag bag and just like walk out with that is wild. This guy coming out the door is something like, it's just like a garbage bag full of stuff. I've seen a few clips of this. That is insane to me, man. That is insane.
Starting point is 00:57:44 Shame on these people. They should know better, but they're very used to looting people who have less than them. So there we go. I do want to say, I will say, shout out to OXO,
Starting point is 00:57:53 my favorite convenience store of Mexico. Back in the day, I used to spend a lot of time, perhaps, there at Tijuana. And I thoroughly enjoy it. At the morning, I'd wake up, maybe feeling a little bit hard. I'd go down to the oxo. I'd get myself a delightful beer and I'd get myself the most delicious tacos for breakfast
Starting point is 00:58:06 underneath the blue tarp right in front in the parking lot. Loved it. Great store. Shame on these guys. Oxo's good. Yeah, yeah. Now, you know, we've been dumping on Canada here. You might be watching this from the States or somewhere else and, you know, having a good laugh.
Starting point is 00:58:20 But things aren't so good south of the border either. So let's take a look at this lady here. She is the... Before you even play it, everyone, just look at the eyes. It's always there. It's like the soul has been ripped out of their body and replaced with NPC instructions. Let's take a listen, what she has to say here. I'm going to see if I can back it up a little bit.
Starting point is 00:58:48 I don't know if it'll let me... Damn, uh, it will do one of these. Seen as the... Yeah, so who is this? This is the New York mayor is Ron Mom Dami's director of... Epstein's son. Yeah. This is the director of the mayor's office to protect tenants.
Starting point is 00:59:13 And she's saying that there should be a collective owns the homes and people pay 30% of their income to have a home. Okay, so Nathan, what she said was, if you own Zan, zero, you pay zero. If you earn zero, you pay zero. If you earn 500K, you pay 30% of that because 30% of zero is zero. Do you, do you see an issue here? You know, I think that might incentivize people not to earn. I also think it would probably attract a lot of people who currently aren't earning or don't
Starting point is 00:59:53 want it necessarily earn. Maybe some of those Canadians with all the free drugs and paraphernalia were make the way down to New York to go to sleep at night. And they're free paid for government housing. It, you know, it's participation trophies. I swear, this is part of the issue as well, too. One, that this midwit is in that position and also thinks that this is a good idea.
Starting point is 01:00:13 Right. And she can't even have the excuse of being like super attractive, so just nobody wants to tell her the truth. They're all just like, yeah, I totally believe in astrology. It works all the time. I'm so a Pisces, right? It's not even that. The fact that she's somehow failed into this position
Starting point is 01:00:25 has put this out there in public as a good idea. Like, I know how we could solve the problem. Yes, like no one, like no one in their child that thought like, we have all these empty houses, but we just give them away. Fucking like, there's not even like first order consequences. It's immediate consequence. Yeah.
Starting point is 01:00:38 It's free. What do people do? Take it. Yeah. And yeah, the, the, the 500K earner is going to be super stoked that they are paying for everybody else's housing through their 30%. And then they leave. And then all of a sudden, that 30% of 500K is gone,
Starting point is 01:00:55 along with every other person that gets the gym. And they're like, oh, out of here. I'm out of here, absolutely. Who then pays? Right. I thought another person answering that question. They're like, well, then it'll be the middle class will pay. Oh, there it is.
Starting point is 01:01:14 There it is. Right. It's just theft by a different name. These people are envious, uninspiring, unattractive, unnecessary at times as well, too. It's the remote, we have, they have it so cushy with such these, socialist welfare institutions and states that we have and the culture, particularly on the coast, that supports this sort of thing, that they have no idea. They've forgotten things that, like, living requires calories, requires you to work, right?
Starting point is 01:01:38 There's something that's all been based upon, right? You got to go and get food. You know what? More and more I'm looking forward to this fourth turning. I think it's going to be a blast. Yeah, yeah, it's going to be an interesting one. And again, around the world, it's just everybody wants to take your stuff. Everybody wants to, you know, you will own.
Starting point is 01:01:57 Nothing can be happy. Free speech is out the window. We have multiple former and existing world leaders saying that free speech is BS. So this is the former Prime Minister of New Zealand. We'll just play it really quick here. So just to be clear there, the former Prime Minister of New Zealand just said that speech was a weapon of war. And to further illustrate, too, she was concerned about the threats of disinformation. this Banshee,
Starting point is 01:02:30 do you remember she was one of the loudest voices during COVID as well too? How could we possibly convince people to take something that they don't absolutely need is probably really bad for them and compel them to just stay in their home and give up the job in their life? It's preposterous that you would have the gall to show up in public. I guess it's in front of like shitty peers. They're all in Epstein's list, probably. But she has the gall to show up and complain or about the worries about the threats of disinformation when she was unbelievably wrong.
Starting point is 01:02:54 And I just want to point out with how bad, going back to Canada, how stupid and backwards our country is. We're talking about a new alliance with New Zealand and Australia and the UK to really stick it to the Americans because that's how this country is going to thrive. People thousands of miles away instead of the giant customer beside us who's had her back for God knows how long, despite all their flaws to. Yes. Yeah. And it's, again, it's not just her. We played this clip before. But again, I hate this man and his father so much. Just look at the smug smile. Yeah. And again, if you didn't see this last time on the show last week,
Starting point is 01:03:27 this is the French president, Macron, and he's basically saying that, well, you'll see what he says about free speech here. Look at this asshole in the top left, like smiling, smirging and like nodding and clapping.
Starting point is 01:03:42 Like, yeah, free speech is bullshit, man. Totally. Dude, take any corner. I got, I got a little beta in the top right.
Starting point is 01:03:51 It's just like, I agree. People say mean things to me. I don't like it. We got the little woman below hands. Like, this is empowering for me if I can shut people up. I hate petty tyrants.
Starting point is 01:03:59 I am so tired of them being in positions of power. Yeah, it is, it is something else. Now, you know, we don't want to end on, you know, too bad of a note, too low of a note. So we need a little palate cleanser here. We're going to finish off with something that I thought was hilarious. I came across my feed today. You know, we kind of dumped on, not too hard, we kind of dumped a little bit on Sailor. today, but nonetheless, somebody made a skit of a pretend Michael Sailor on Shark Tank.
Starting point is 01:04:34 So we're going to take a listen to that right now. This is hilarious. Let me go know what you guys think. I got to tell you. I got to tell you from one guy who does a little bit of video heading to another guy. I absolutely love that he matched all the like push and pan in on the Zoom. That was well done. I got a chuckle.
Starting point is 01:04:50 I appreciate that. Yeah. It was so good. Kudos to this guy. Again, he and actually, maybe really quick. Find his Twitter. Yeah, his Twitter.
Starting point is 01:05:00 And let me just so the audience can actually give him a follow. He is at P-O-V-O-V-N-C-E-N-Z-O-U-U-U-S-O-U-S-O-U-S-O-U-S-E-N-E-N-X. Yeah, I love that clip. It was great. Fantastic. That was good. Well done, sir. Well done.
Starting point is 01:05:21 Yeah. I do want to say really quick for everybody. A couple things. Number one, if you missed it last night, our second episode of Bitcast, it was an absolute banger. We had Brandon, we had Joe, we had Walker and myself and Nathan on there. It was a lot of fun. So if you didn't check it out already, go back and check it out.
Starting point is 01:05:40 There's some stuff coming out from the channel. Number one, I've got a top tips or top mistakes not to make during the Bitcoin bear market. That'll be dropping tomorrow. Nathan, you've got some stuff coming down the pike as well. you mentioned it already, but you've got a guest coming on next week. I do. I've got Matt Hill episode to edit and get out there for Tuesday. And guys, it's a fiery one.
Starting point is 01:06:02 The guy is incredibly, incredibly passionate about this whole basically sending off your data for AI compute elsewhere. He has a lot to say on it. Things for us to be on our radar to be concerned about how we can kind of fight against it. And we did lightly a little bit also touch on BIP 110. Nothing definitive. There's more of an exploration between two friends.
Starting point is 01:06:20 Yeah. Yeah, exactly. And again, with sovereign computing, with, you know, hosting your own node, you as an individual, you get to be the one that chooses. And I think that's the most important part. Like as as as Bitcoiners, you know, you get a little bit of say. You get to run the software that you yourself as an individual want to run. And so I think everybody, regardless of what you choose, I think everybody should be able
Starting point is 01:06:44 to do that. So again, you can check out. There's lots of tutorials on channel in and around that. But, you know, sovereign money, sovereign computing, you go hand in hand. And I think that that's going to be an awesome rip. I'm certain of it. So with that, I guess we're going to close out. Of course, everybody, if you enjoyed the video, make sure you drop a like.
Starting point is 01:07:04 Make sure you're subscribed if you're not already. And I'm going to bid you a do. I'm Ben with the BTC sessions. I was here with my co-host, Nathan. And this was your.

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