Shaun Newman Podcast - #682 - MADEX

Episode Date: July 25, 2024

Inspired by the reality of objectivism, MADEX creates artwork for the worthy individuals and makers that preserve the great motor of the world and work towards the pursuit of excellence. He is the cre...ative director with BullBitcoin. Let me know what you think. Text me 587-217-8500 Substack:https://open.substack.com/pub/shaunnewmanpodcast E-transfer here: shaunnewmanpodcast@gmail.com Website: https://silvergoldbull.ca/ Email: SNP@silvergoldbull.com Text Grahame: (587) 441-9100 – and be sure to let them know you’re an SNP listener.

Transcript
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Starting point is 00:00:00 This is Ken Drysdale. This is Dr. Mark Trozy. Hey, this is Gordon McGill. This is Drew Weatherhead, and you're listening to the Sean Newman podcast. Welcome to the podcast, folks. Happy Thursday, how's everybody doing today? Before we get on to our show, how about we talk a little silver gold bull? They have a special feature price for all you lovely listeners,
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Starting point is 00:00:41 no matter what that comes to pass. Just text or email, Graham, down in the show notes, for details. Promise you will not be disappointed anywhere in Alberta or across Canada. They can deal with you, silvergoldbull.ca. Down the state, silvergoldbull.com. It is professional, secure, and they're going to take care of you. Text Graham and find out more today.
Starting point is 00:01:04 McGowan Professional Chartered Accountants, Kristen and Team. Well, she's been in the financial, I don't know why I'm spacing here. She's been in the financial industry since 2009, and they offer accounting, bookkeeping, business consulting, and training with financial planning and tax planning. They believe in SNP and support free speech and starting conversations. If you are looking for work, they're looking to hire CPA. I'd love to grab somebody, you know, maybe of the same mindset, similar mindset. Sounds like she's been flooded with people that want to use their services,
Starting point is 00:01:40 and they need to find somebody capable of, you know, jumping on the team and becoming part of something that is a growing firm. Firm? CPA? I don't know. Is that right? McGowanCPA.com.com.com. Don't take my word. When it comes to taxes, I'm a complete nutter moron. That's why I hire the best. And that is Kristen McGowan and her team, McGowan Professional Chartered Accountants. Deer and Steer Butchery, it's barbecue season.
Starting point is 00:02:07 Who weekend, it has been beautiful out, at least where I am and at my neck of the woods. And they got all the barbecue and smoking cuts for you to fill your freezers. They got a brand new butcheress, that's right. Female butcher, mother of two, small town Saskatchewan girl, Wadena. and she's been all over the place. That's Amber. So why not give her a call 780870-8700 and get in there today
Starting point is 00:02:31 and see what they can get in your freezer? We have been touring all over the United States, slowly making our way to Minnesota. We are very, very close. Well, actually, as it says here, Thursday morning, yes, we will be sitting in Minnesota and it has been a journey. If you're wanting to see some of the pictures
Starting point is 00:02:51 and thoughts about that, substack is where that's all out. Just go down on the show notes, click on it. It's free to subscribe to. And yeah, we will hook you up, get you all caught up on all the shenanigans going on this side. Okay, let's get on to that tale of the tape. He's the creative director with Bold Bitcoin here in Canada. I'm talking about Maidex.
Starting point is 00:03:16 So buckle up. Here we go. Welcome to Sean Newman podcast. I'm joined by Maidix. So you got to tell me a little bit of who you are before we get into anything Bitcoin because I'm like, The last day and a half of being here has been, well, my brain hurts a lot. Like, I'm just like, it's really cool. I've been saying this a lot.
Starting point is 00:03:45 Normally, you know, coming through COVID and doing all the interviews I've done and, you know, I didn't know jack squat about politics, didn't know jack squat about, you know, I'm going to say money and on and on, the list goes. It's kind of been like an education by fire hose doing a podcast and interviewing all these different people. And so when I rolled into the Bitcoin Roald, Showed up to Dave Bradley again and started listening in a whole bunch of you. It's like in one breath, it's super exciting because I don't know who any of you are. I sit and I'm like, I don't know how this person is, but Dave obviously thinks highly of them.
Starting point is 00:04:18 And, you know, you do a little bit of Googling, you see some of the things. You're like, okay, well, and then you listen and you're like, okay, I'm missing something. And so my brain's been hurting for now a day and a half, which is super exciting because normally you go to a conference and, you know, if there's 10 speakers, I'm not saying, you don't know who seven or I feel like you know more than you think and they're not showering you with gems every two seconds and this has been like information by firehouse that being said madex for the listener a little bit of your background long as short as you want and then we can hop into it I'm the creative director of bull bitcoin which is an exchange
Starting point is 00:04:58 services bitcoin company in Canada we do on ramp and off ramp so you can buy bitcoin or selfie out for Bitcoin and we do a bill payment service and handle any any sort of large transactions that anyone would want to make like buying a house or like buying a car or selling a house or selling a car for Bitcoins or kind of anything else that fits in that category, yachts, you know, giant real estate developments, all kinds of stuff. So we're basically just a bank that services the needs of Bitcoiners. and I created the brand and I do all the merchandising and all the product. Basically anything that has to do with visuals of Bull Bitcoin.
Starting point is 00:05:45 And I'm pushing an art project, which is looking to share and sort of send signal of a lot of the Bitcoin ideas and philosophies. and just kind of basic like Austrian economic ideas and things that are, we call it Austrian economics because those guys built a lot of the definitions and the techs around it. But really all of that stuff is just human nature. And it's regardless of where you are on the spectrum, like the individual choices we make are what leads to like a very healthy and capital. as society despite kind of all the problems that we're seeing these days. So I try to, I'm, I'm a designer and I'm using product design and the art design and event design and any sort of creative
Starting point is 00:06:47 medium I can to help amplify the messages of Bitcoin that we've been hearing over the last two days here at the Bitcoin Rodeo in Alberta. You know, on stage, everybody's been talking about orange-pilling people and really trying to get people to, you know, like, I would say the popularity of Bitcoin is the, I don't know, the highest it's ever been, and I assume it's only going to go higher as more and more people start to understand it. How long ago did you start down your journey into this realm, and what was it that, you know, put the pieces together for you, if you will, that you're.
Starting point is 00:07:25 like this makes sense? Well I've been focused on art all of my life and I didn't have the confidence or or the knowledge was missing a lot of pieces in order to directly focus on that out of the gate and so I was always exploring other entrepreneurial ventures and other ideas and making all kinds of attempts to provide a value to our civilization and to make my time useful. And along the path through all sorts of ups and downs, I was led to just focus on what I'm really, really good at, which is design. And I had the opportunity, been involved in Bitcoin for a long time, but when it really accelerated was in 2018, when I had the opportunity to meet Dave Bradley and kind of start getting involved in the space. And at the time, I was up to all sorts
Starting point is 00:08:30 of projects that, you know, some were huge failures and others were huge failures. And the creation of bull Bitcoin was an opportunity for me to come and start to be. begin to express my creative talents and my design talents in an industry and in a space, a community that is very open and appreciative of skill design improvements, the whole journey of mastering artistry, whatever it is. And over the last years, I've been able to really send a lot of my personal messages out and send a lot of the messages in Bitcoin out as a result of the success of Bull Bitcoin and the growing success of the MADX project. and that's what has me here today is I've just been making and slowly improving over time and I've got a vision and I'm going a vision with Bull and a vision with Maidex and I'm just putting everything I have into that it's when you're young you're exploring all sorts of different avenues of how you can be useful to this world and I'm just very fortunate enough to have found
Starting point is 00:10:02 my place here in Bitcoin where there's a respect for high quality products, high quality ideas, and there's incentives to produce and service this community. I wonder if you can answer this for me. I walked in here and I feel like, you know, I put on my own events and my wife and I were talking about it last night because she asked, you know, like, how was the event? And I'm like, huh, well, there's a lot there. and I was explaining off the hop here how, you know, like the information is kind of like, I guess, in my brain, folks, the first time I saw Jordan Peterson, and I was like trying to, he was using these words and I didn't understand them, and so you're kind of Googling, you're trying to figure out what the hell they're talking about. But the other thing that I really sense here is, and I think you said it, and I'm just wondering if you can explain it to me, is it's the community sense. Like, I look around and I see people hugging.
Starting point is 00:10:59 I see people that have traveled a very far way to come to this. I get the sense that all of you know each other. And I don't know, is that just what Dave Bradley's built? Or is that more of the Bitcoin world? And that's how everyone greets each other. And for me, coming from the, you know, finding my feet, if you would, through COVID in the freedom community and the things that went on. led to Ottawa and being very much a part of that community.
Starting point is 00:11:30 I kind of get the, like it almost feels like a mirror image. Am I wrong on that or am I picking up something larger? I don't know. I'm wondering if you can just shed light on that. Dave Bradley is absolutely responsible for that environment here in Alberta. He has been putting a lot of effort into bringing Albertans together around. There's a lot of crossover. between the freedom community, I guess, I don't know what you'd call it, the anti-couf community
Starting point is 00:12:02 and Bitcoiners. And Dave has done an amazing job of starting to get us interconnected with each other. But that community that you're seeing here is not unique to this Bitcoin event in Alberta. It is across the world at every single one. and you will see that energy at all of them. The primary reason behind that is on a Fiat standard, there is very little hope. It is a monstrous machine. Many people within the freedom community,
Starting point is 00:12:48 they have this idea that if they just vote better, that things will get better. And it's just not a reality. And in contrast, on the side of Bitcoin, Bitcoin puts you in a position where you are focused on the future. You are thinking about the future. You're thinking about your children. You're thinking about your children's children. And you're thinking about all the generations beyond that because a savings account is the anchor to a healthy civilization.
Starting point is 00:13:25 the ability to store the value of our work into the future and have access to that energy we invested. It is the cornerstone of capitalism and is the cornerstone of community. And it is the basis of being able to participate within civilization as a well-meaning actor because of the security that a savings account can provide. and in the fiat world, we just don't, that just doesn't exist. You see the numbers that come out about how many Canadians, Americans are living paycheck to paycheck. You see all this data that is quite disheartening.
Starting point is 00:14:11 And what it means when you do not have a firm base to live your life on, like a firm, a trust that the value you've created with your time will be preserved into the future, It changes the way that you act and behave with others because you are in a position of scarcity and your decisions revolve around that scarcity. And Bitcoin's shift is that every single one of us that is in here knows that massive wealth is accruing and that we stand on solid ground. And that solid ground and that confidence allows us to. to realize our best character and realize our best talents
Starting point is 00:15:01 and interact with each other in those categories. And that is the basis of a very healthy community. And that's what you'll see at Bitcoin events around the world because we are bullish on the future and we believe there will be a future. And part of a future is not only passing the value of money into the future, but also passing the architecture of relationships and family ties and great houses. And those, in order for my grandkids' nieces to be well connected and well supported
Starting point is 00:15:50 and have good opportunities in the world that they end up, growing in growing up in that that foundation is being poured now and we're all heavily invested in being good actors and helping and supporting each other in this journey and I think that that's what anchors this the spirit um in Bitcoin is that we're just it it's uh it's uh it's It's very close to a family, right? You know, you were just on stage with J.P. Sears. And forgive me, Flo, I forget her last name. Yes.
Starting point is 00:16:36 You guys, I can't remember if it was your set, I believe it was. But anyways, there was multiple books, and I think you said it, talking about 1984, Aldous Huxley's Brave New World. I was wondering if you've read Atlas Shruck. I swear by my life and my love of it that I will never, live for the sake of another man, nor ask another man to live for mine. So, okay, I haven't finished it yet. I've just gotten to the part where, you know, we're on this long road trip, so I keep chunking
Starting point is 00:17:05 away pieces of it. And she's just crash-landed in Galtz ravine. And... Dagny, tagger, there, he's lost on me. I'm sitting here, and I'm watching this. and maybe it's just fresh eyes, okay? And I look at it and I go like, I can't figure, I don't know how the book ends,
Starting point is 00:17:31 I don't want anyone to spoil it for me, but I'm looking at it and the way Dagny's looking at the village, I'm looking at this conference going, like I feel like I just landed into, you know, and everybody's talking a certain way, you're talking about Bitcoin in a certain way, I've had multiple people across time try and influence me towards Bitcoin.
Starting point is 00:17:51 And yet, I don't know, know, you struggle against it, you push back of it. I'm sure there's a thousand different reasons. On a thousand different topics, Bitcoin just won in there. But the way you're talking reminds me in the book right now. It seems, honestly, everywhere I go right now, I just think, you know, who is John Galt? Like, honestly, Atlas Shrugged. It's just, it's another one of those books that's become timeless, where she wrote it in 57 and she could see what was coming. And I don't know if I'm right on this, but the longer I stare at this Bitcoin conference, Bitcoin in general, the way people interact,
Starting point is 00:18:24 it's kind of like I've stumbled into Galtz Canyon, Galtz Gorge, I think. Gulch. Gulch, that's right. Thank you. Thank you for correcting. And I don't know. Like, I see a smile and I'm like, mm-hmm. Yeah, like, am I on the right?
Starting point is 00:18:37 This is it. This is the gulch. Like, the future is there, right? And this is how it's going to be preserved is through this because what, you know, all the speakers keep saying is they keep talking about sovereignty. It resembles the freedom community so much. It's a bit insane that they're not one and the same. The primary difference is that between freedom community and Bitcoin is that we have a
Starting point is 00:19:04 solution that is not pushing up against this armored, well-defended wall with laser cannons and barbed wire and all sorts of forces that are in the way. Bitcoin is a solution. We say fix the money, fix the world. And it really is that simple. A hard money civilization is what leads to innovation, development, growth, prosperity. The ability for actors within the civilization to preserve the value of their efforts into the future, it is what builds, is what creates capital, is what allows, capital to be allocated correctly for decisions to be made with accuracy. And we don't have any of that in Fiat. And the every single problem that there is ties ties back to the money being broken.
Starting point is 00:20:10 And the inflation that's happening, the money printing, hear us say it a bazillion times. it's probably like the number one word at this event, but it truly is that because the inflating the currency destroys market signals and we are flying in this darkness and this time of waste because everything is being misallocated and with a money that is that cannot be printed from nothing, the only way to acquire Bitcoin is through the effort of your labor or the contribution that you would make to the network security through mining. It's the only two ways to acquire. And what happens is there's real consequences to misallocation of capital. There's real consequences to decisions because on a hard money standard, if you,
Starting point is 00:21:14 make the wrong decision, the outcome is bankruptcy. The outcome is loss is failure. When there's the ability to produce money from thin air, there is no consequences to the mistakes because the mistakes are papered over. And when the banks go bankrupt, they just put more money in the banks. And the great show goes on. On a hard money standard, that's just not possible. If a bank fails, the bank fails. And all the consequences that come with that are applied to anyone who made the decision to have commerce with that bank. So having a hard money makes just as an actor in the civilization, you have to be very careful with the decisions you make, which means that you are, looking for competent people to do commerce with you are looking for capable people to solve
Starting point is 00:22:21 whatever problems you have because if you make the mistake of working with somebody who doesn't know what they're doing there is real consequence for for that error and um the gulch is exactly that i i won't go too far into it but i mean one of the main characteristics of the gulch is their own currency. And what we have is a way to exit the fiat impossible slave race and begin to transact and deal with people with truth and with accuracy. Like price is the only truth and Bitcoin is the only true record. It's the only accurate information that we know 100%
Starting point is 00:23:17 what happened. And within Fiat, there is none of that it is a total confusion. Like what is the market cap of the United States dollar? Nobody can answer that.
Starting point is 00:23:34 So I'm going to give you, so on the show, anyone who sits across from me, even though we're on the road and it's kind of weird to do it at a Bitcoin conference of all places, but is a silver one-ounce coin. And so, you know, my introduction, so Silver Gold Bull sponsors the podcast, one of my sponsors, and wherever we go, when we sit across from people, when they come to the studio in Lloyd, we give them a one-ounce coin. And it's really one of the ways I can thank people for sitting across from me.
Starting point is 00:24:03 And I'm curious a Bitcoiner's thought on getting given a silver one-ounce coin. Like, is it something that you're like, oh, yeah, it's super cool? But you just got to get on Bitcoin? Are you like, oh, no, there's place in society for silver gold, Bitcoin, and other things? Where does your mind go? Well, the best place to be approaching the gulch is to understand why owning silver may be a good idea or why owning gold may be a good idea. the understanding of the problems that lead to that conclusion are the same as what leads to Bitcoin.
Starting point is 00:24:49 So the silver and the gold, like the commodities have their value and the market will decide that. and they the primary reason that what Bitcoin solves is the problems with silver and the problems with gold and especially the problems with economies at scale and massive transactions. If settlement is to take place with gold, there is a lot of trust involved because although you can verify gold, although you can verify it silver, the process is very difficult. You have to melt the metal down and recast it and ensure that it's accurate and it's not. We've seen many examples of, I believe it's tungsten that has the same weight as gold,
Starting point is 00:25:47 and they will gold plate wrap these bars and then pass them off as gold. And then when a verification happens, eventually, they find out that they've been rugged with the gold that they received. So the verification process for gold is very capital intensive and time intensive, which interrupts the flow of commerce. It's also very difficult to move huge sums of gold and silver for settlement internationally. So in a world where we are participating in commerce internationally, and this is the route that led to fiat money,
Starting point is 00:26:30 is that it's very difficult to move the gold. And so the origin is that the Fiat notes were created originally in good faith to be one-to-one with the gold so that we would have the ability to verify. It's easier to verify the paper currency, especially in the past. I mean, the counterfeiting is getting better and better, but in the past it was much easier to verify a $100 U.S. bill than to verify, than to verify $100 worth of gold. And so the fiat was created in order to help facilitate the international commerce
Starting point is 00:27:11 and just to make things easier for people. And then obviously the opportunity there is if we can disconnect the reserves and if we can start issuing more Fiat IOUs than reserves that we have, we can loot the value from productive. society. So Bitcoin is verifiable very easily and you can send it anywhere on the planet within seconds and you can and you can verify that the Bitcoin you've received is legitimate within an hour if it's a very serious transaction. If it's a less serious transaction, you can do that verification within 10 minutes.
Starting point is 00:27:59 when a new block has been created. So Bitcoin solves the scalability issues with gold and silver, and it solves the difficulty in verifying gold and silver. And so it is just better for those reasons. And there's a lot of world-ending theories that go into the gold and silver pitch, which is one of the most common things that Bitcoiners here is, you know, what if the electricity goes away? What if the internet goes down? What if all of this stuff?
Starting point is 00:28:42 So, first of all, we are an energy civilization and electricity is never leaving us. When electricity goes, we're all gone. Because at every corner, of the earth with every people regardless of all of their characteristics, there is power. And not only that, there is a push to develop power and develop energy. And so the energy is not going anywhere. So even if all of North America got hit with some, say, EMP strike that destroys the electrical grid, which I'm not an electrical engineer, so I don't even know if that's just like a fantasy novel idea. idea, but let's say it's accurate and it's possible.
Starting point is 00:29:33 The records are in other countries. Everywhere that there is electricity running on the planet, there are Bitcoin miners operating, and there are nodes, record keepers, operating. So even with a massive collapse, it's only a matter of time because each individual actor has an incentive to get the power back on. It's only a matter of time before system. can restore. And in those times, like if you really want to be a prepper prepared, you can have things that you could, you know, like gold, like silver.
Starting point is 00:30:08 Probably better than gold and silver is ammunition, children's toys, things that become very valuable in a society that stops to produce. I was telling you, April 28th, that's how I met Dave Bradley. Well, I mean, I met him just before that, but I invited him up to it. And he spoke. And on a panel, I had golden silver, Bitcoin and lead or ammunition, right? And the military guy says,
Starting point is 00:30:32 I love both what you're saying. If you don't got lead, it don't matter. And I chuckled about that as you're talking about. When I look at the future, can an EMP blast or what have you knock out the entire planet, or could we get hit by a meteor, or could the endless possibilities of cataclysmic
Starting point is 00:30:51 were all dead? Sure. But one of the things I was having a discussion with a friend of mine. And I'm saying the one thing that I think, you know, regardless of where it goes with online currency, so CBDCs is talked about a lot. When I look at Bitcoin, I go,
Starting point is 00:31:13 well, let's just say the world doesn't end. Are we going to have power? Yeah. You know, as much as they keep trying to say we're not or we're going to curtail these things, and on and on and on it goes, the chances of it are yes. So what Bitcoin, what you're pointing out, I think, is a hopeful look into the future of like, we're going to still be around.
Starting point is 00:31:35 Hour is going to be there. Yes. Which means it's looking at the certainty of the future and going, if the future continues to persist, which I think we all hope, then having some of this in your back pocket or in between your ears, I guess, becomes a very hopeful, optimistic way of looking at the future is what you're saying, I think. Yes. You have a, you have the complete opposite of the inflationary fiat and the KYC interference regulation, getting governments getting in the way of entrepreneurs. You have the complete opposite of that. Bitcoin, like, intelligent people are going to use.
Starting point is 00:32:30 use, you can think whatever you want about Bitcoin. It doesn't matter. Intelligent people are going to use Bitcoin as international settlement, as local settlement, period, because of the benefits and because of the incentives and because of the ability to transact with other providers without interference. Even more than that. You know, one of the, you know, my brain, it's funny with things like Bitcoin, not that I go to the negative, but I, you know, I hear
Starting point is 00:33:05 some of the things you're talking about. I can hear the attacks against Bitcoin in the back of my brain. And very few of us, not in the Bitcoin community, on the outside of it, talk about some of like the interesting things going on. And El Salvadoror has really, really
Starting point is 00:33:23 made me pause. And I don't know if you saw the interview with Tucker and the president of El Salvador, but I thought it was like wonderful. And they're talking about opening a Bitcoin bank. And I'm like, oh, that's really fascinating. Here's this country who says a lot of smart things, in my opinion, and people can go listen for themselves
Starting point is 00:33:45 and make their own thoughts up on it. And they're leading the world in like a Bitcoin bank. What's your thoughts on a Bitcoin bank? So it's very common for people to take Bitcoin and try and fit it into the Fiat system and the Fiat. So you're not a fan then? No, it's not required. It's an idea that sounds good, but I mean 12, 24 words and you have a bank account. Sure.
Starting point is 00:34:24 There are reasons for third parties to be involved. There are reasons you could argue for banks or things like that to exist with Bitcoin. But none of this is going to happen by decree. It's emergent. So the market will make the decisions of what is required. And very likely that's going to look like something that we, do not have the ability to predict or and we we do not have the ability to understand because of how to the fundamentally to the very roots of our civilization that
Starting point is 00:35:07 Bitcoin changes everything. It changes the way everything works. And so the market will decide what what what the future of Bitcoin services looks like. And we're going to go through in this transition period a lot of lot of attempts like another example is the ETF and I'm just trying to fit Bitcoin into this this old system that we've had for so long and so you think if I may and I don't know I'm not trying to put words in your mouth but as I listen to you go you think the world once again it's a hopeful way to look at the future is just you think it's going to be the system we have what you're what you're saying I think is that
Starting point is 00:35:54 that the possibilities are endless of how it could go because it's emerging. It's not like it's, oh, it's just going to take over banks, and now it's all going to be Bitcoin banks, and they're just going to set it up like that. And although that may be part of it, you're saying the system is going to, could, like, I mean, not be completely different, but you don't actually know because the possibilities are endless.
Starting point is 00:36:17 Yes. And there will be no interference in that. Like the central planning does not exist in Bitcoin and it doesn't exist in in in a true capitalist system. It's just not possible. An individual person is not smarter than the collection of each individual actor behaving according to their own incentives. So the Fiat, the entire Fiat system is very centralized and very building systems. that we believe will service the needs and taking guesses. And this is what I was talking about earlier
Starting point is 00:36:59 with the total sort of disconnect from what the market actually requires, from what the market actually needs because of the amount of signal interference that red tape, regulations, all kinds of, every different format and variation of rules that they have, and also the corruption of incentives
Starting point is 00:37:18 based on how people will behave differently according to their tax benefit. All of that stuff just doesn't work with Bitcoin. And people will build what they need to service their needs. And very likely there will be other people who have those same problems that require those same solutions. And it's going to be a very creative time. And I can't, I have no idea in each, I can make some guesses. I know, I know what my decisions will be as I vote with my capital on what food is produced,
Starting point is 00:38:03 on what entertainment is available, on all these, all these factors of our lives. I can, I can make votes, but I don't know what will be created. I can create for what I understand, and I can provide a product and service to the market for what I am good at. But I cannot predict what will happen. But certainly we are disconnecting from the centralized planning universe that has been intensifying year over year since the Jekyll Island meetings and accelerating in 1971 and this push towards like a slave future.
Starting point is 00:38:48 that that is broken now like they are out of they're out of the game they've had their time and it's over and this is the new frontier where people are coming in and they are building for their own requirements and nobody can stop us no government body can get in the way they can try they can do their best to interfere. They can do their best to scare people. But at the like people will transact and and will and will solve their problems and will obey their incentives over any, any laws or any decrees. And we've never had the ability to exit their designs and their programs and their systems because any market forces trying to build better alternatives are just stamped out, especially in the areas that are really meaningful, like resource development,
Starting point is 00:39:54 manufacturing. This Bitcoin opens that all up so that real market forces will have the ability to make decisions again. And there's that you cannot stop. the entrepreneurs that are coming, that are entering into Bitcoin, and you cannot get in the way of what they're building because they cannot control us with the currency levers anymore. One final one before I let you out of here. I appreciate you giving me some time today. You mentioned the Madex project. Can you explain that to the listener? And then obviously, the final one after that is where can they find you if they want to come follow along? Sure. So the goal of Madex and why it's called Madex is I just got very tired of the crap quality of everything that we have because the incentives in Fiat are completely screwed up.
Starting point is 00:40:55 The incentive in Fiat when you receive payment for your labor is to spend it as fast as possible in or to acquire other assets to replace that currency. Because if you attempt to save the money, it just, the purchasing power is destroyed over time. And so this leads to like a very disposable culture. This leads to a very short thinking culture. This leads to people not looking into the future, which ultimately makes people much easier to control because they don't have any plans. So the black box in the white room gives them, gives them the plans. and they're not able to acquire capital. Capital is the energy that makes a difference
Starting point is 00:41:44 that builds everything we have. And when the ability to accrue that capital is destroyed, there is no incentive to make a purchase of something that will last forever because the expense is so much greater than the disposable version. So I wanted to, art was, I guess, well, design is my real talent. And I wanted to begin finding a way to just make things better and suffer through the reduction in sales by offering something that is very, and of course, so many of these systems to create high quality product have now been destroyed because there's been such a focus on on disposable product. So I wanted to just find a way to get a belt that my grandkids will wear.
Starting point is 00:42:44 So I get a backpack that my grandkids will use to have and build an environment around me that I can make the investment in now. Like I can build the house now and it'll last a thousand years. Unlike pretty much the entire country of Canada, which is pop-up, like stick tents that won't be here in 50 years. They're like trailer homes being produced on mass. So that was the philosophy of Madex. Madex means made forever. And then over time, I had an X divider in there.
Starting point is 00:43:15 And then people started calling it Madex. So I wanted to make high quality art to express. Do you want to build a house that lasts a thousand years? Or do you want to build a house that lasts a thousand years? But it takes, you know, I'm thinking of the cathedrals that were built back, like that took generations, more than one generation. to build. Is that part of it as well, or do you want to build something and then allow it to last the thousand years? Different, different projects. So it all depends on the client's requirements.
Starting point is 00:43:49 Eventually, I will get into architectural projects and the creation of, I don't know, we'll see. In some cases, a home that the client wants for 100 years. In some cases, a home that the client wants for a thousand years. The needs will vary, but certainly not a home that will last for 20 years that is built at the crap quality standards that we have today. And, you know, I'm just starting small, which is focusing on basically the day-to-day stuff that I like and that I appreciate and that I want to use. So extremely high-quality cutting boards, extremely high-quality knives, extremely high-quality clothing and sourcing materials. and finding a way to kind of make stuff, I guess.
Starting point is 00:44:37 One of the, for a very long time, it was made in China and made in America. And that, we've lost that. And I hope to bring it back. And have it made in Alberta? Made in Alberta. Made in Alberta. And I want to send a beacon out to creative people and talented craftsmen and say that, you know, There is a home in Bitcoin where your skills and abilities will be celebrated and your talents will be celebrated and your improvement over time will be rewarded and start to build stuff that lasts.
Starting point is 00:45:19 Build people that last. Build spaces that last. Build tools and products that last. And just an effort to get as far away as possible from this. garbage society. Well, you know, I keep, I'm in my brain. I'm like, okay, it's time to let Maddox out of here. But you keep saying things that I'm, well, I've been wrestling with for a while now, right?
Starting point is 00:45:45 And that is, you know, the wife, you know, when I first started this, this journey on this, this side, right? It was just to have a little bit of fun, you know. I walked away from playing semi-pro hockey and, you know, all my life I've been a hockey player. one day you wake up and you're not a hockey player anymore, right? In that sense. Yeah. And that's a really tough transition, even if the world you can do whatever you want. And so I started podcasting because as soon as I heard it, I'm like, oh my God, I could do that, right?
Starting point is 00:46:15 And it's led me to where I sit today. And, you know, in the middle of COVID, you know, I became, you know, as Flo's picture here says, ungovernable. And I found more ungovernable people. And my wife at one point went, like, what are you trying to do? And I'm like, well, just trying to better myself. And if I better myself,
Starting point is 00:46:37 then my family gets better because I've become better. And then maybe, just maybe, we can do something for our community. Because I'm not, I don't got any preconceived notion that I'm going to all sudden rock Canada by storm and, you know, look at Joe Rogan. Look at how much good he's done.
Starting point is 00:46:54 Or Tucker Carlson, honestly, in the last little bit here, how many interviews they've done. It's like, has it changed the world? Well, certainly it's changing the world, but has it changed the world? No, I don't, I think there's wins there,
Starting point is 00:47:06 but as you're pointing out, with Bitcoin, with different things in there, I see similar principles is what I'm trying to get at in where I'm at, where it's just like, well,
Starting point is 00:47:15 I just want to do better myself so that the people around me are better, and then maybe the community. And when I hear you talk about trying to let people understand where Bitcoin can take them by like,
Starting point is 00:47:26 as you grow, things become better. I hear similar principles of maybe, and maybe that, that's what I sense here in this building that Dave Bradley, you know, 112-year-old theater folks. It's a cool little venue as they can obviously hear the people in the back. We've got a laugh little spot.
Starting point is 00:47:42 But I chuckle because that's what I sense here, even though I don't fully understand it all. I got a good friend, Vance Crow, who's been on the podcast multiple times. He's been on my stage saying, the answer is Bitcoin. And I kind of chuckle at him because I'm like, he's staring at me going, you need to speed up how your understanding of this is going. And maybe just maybe Dave Bradley is putting something here I'm going to wrestle with for the month of July as I go on a family road trip. Any final thoughts before I let you out of here? Bitcoin raises all the shrines.
Starting point is 00:48:16 It's a place where you can come and be the best and you can sell your wares. It is a spot where we push each other, we inspire each other, we motivate each other, and we are all gunning. for this better world for our children. You know, this is the third time I've seen it on you now. I saw it on stage twice, and I wasn't sure I'd seen it, but now I have. And I'm going to ask about it. You get emotional about that. That's all right.
Starting point is 00:48:53 We've got plenty of time. Welcome to a podcast. People can't see it, but what I'm saying is he was on stage, and I thought I saw it, but I'm like, ah, my eyes are playing tricks. But Maddox is emotional at posterity, I think. Yeah, it Yes, it's posterity, right? It's
Starting point is 00:49:14 I don't seek the applause of the present I seek the respect of posterity And I think that that is When you've been in Bitcoin long enough Like we're all We're all in a search for meaning And With Fiat it's very dark
Starting point is 00:49:44 There's no hope It's just the future is just change and whips and that we have this gift and that we have this gift and this way out is a beautiful blessing you know you're probably sitting over there if I can if I can read guess and you know out of the hundreds of episodes I've done you're probably kicking yourself right now for getting so emotional about it but can I tell you what it does on my side it literally makes me for the next month going to have to wrestle with this even more because there's something you know and have experience that I don't know and on this side you know along my journey and I've talked about the
Starting point is 00:50:36 slots I found Jesus Christ it's really weird to say really you know but I keep saying it because one of the things when you're staring up at the the cement wall or the you know with the lasers on it that you talk about the first step in my mind has always now is faith as soon as my husband my faith under me, okay. Now I get to approach the world because the world is full of villains and dark nefarious things. But once I got that side, okay, now I can walk out the front door. I get to stare at you and hear what you're saying and see the emotion and go, that's super cool. Yeah, there's faith here. I guess to your earlier question, that's what really anchors us all. and really, I mean, there's the market forces of it all,
Starting point is 00:51:25 and there's the individual incentives, but it's like, this environment enables you to believe in yourself. And that's a powerful thing. It enables you, it provides certainty that there will be tomorrow. You know, you said at the start, You mentioned it twice in a row that you had utter, not utter failure, that's my words. I forget how you said it. I'm spacing on your exact words.
Starting point is 00:51:59 I'm putting my words onto it. And I found that really fascinating because I take from Dave, like Dave grabbed me. He's like, you got to make sure you have Maynex on. I'm like, oh, sure, yeah. I hadn't heard you speak yet. And so he's like, you've got to have mine. You got to have money. And then I hear you talk about failure.
Starting point is 00:52:16 And I'm like, yeah, but you found your way through. actually, by all accounts, I would say you're pretty successful. Maybe Uber successful and I don't even realize it, you know. I just look at another man who's finding his way. And yet, you know, like you talk about the power of belief. I see the emotion when you look at the future and it feels like there's a why, you know. You got slavery in the fiat system. You're talking about like, listen, folks, Bitcoin is the way through this so that the elites,
Starting point is 00:52:47 the dark, nefarious characters can't happen. have us and I don't know I tell you what of sitting across from you even in a loud room where it can't be quiet and you know you kind of get to have that one-on-one feel I can sense it and I'm like I want to think about this where you like you don't understand like what you're talking and doing right now it's probably going to make me think about it even more for the next month yeah you're you're in a burning collapsing building and there's an orange exit sign that you just noticed. You can see the way out.
Starting point is 00:53:29 And that's what all of this provides. And the longer you're here, the more, the more you kind of realize it. And because it's so, it's so foundational the change. And there's so many layers kind of built upon it. many people don't understand what money is in the first place. And that's like the primary blockade to, I guess, getting to this core is that if someone doesn't, like, the average person out there right now does not know that there's a problem. Like they don't know the problem. And so when they hear about solutions to a problem that they don't think exists,
Starting point is 00:54:23 that's where all the kind of not taking Bitcoin seriously basically comes from is that you do not understand how tremendously fucked we are and and you do not see like that it only gets worse it's not going to get better the the cycles and the booms and busts and all that cansy and crap the party ends eventually, the plane hits the fucking mountain, and we are fast, fast approaching that. And if someone actually wants to understand Bitcoin and wishes to speak to me about it, the first thing I focus on is how fiat currency works and how they pull their tricks and how it's rigged and not just like the statements but the actual details and try try to have that basis
Starting point is 00:55:37 of understanding before kind of being like okay and that here's the solution the bitcoin standard which was a very famous book when it came out because it united a lot of our philosophies and private conversations and ideas that were being had across bitcoin into an easily accessible place it's only Bitcoin is not mentioned at all until the last like three chapters. And same with the follow up with the Fiat standard, which is kind of understanding like how did we get here. And they're on my reading. I've been explaining this lots,
Starting point is 00:56:15 but we're on our way to Minnesota through a 23-day tour, if you would, a big old loop to get there. And so I've got a lot of, I'm finishing Atlas shrugged. And then I've got, you know, you can't, you know, like, I don't know what all my takeaways will be from coming here. And once again, a shout-up to Dave Bradley for bringing here and making sure I came and making sure I got to meet all you different speakers that he brought in from all over the place.
Starting point is 00:56:44 It's cool to, you know, to hear somebody say they want to make it Alberta-made, you know. Saskatchewan boy who lives just across the border now into Alberta. and one of the things about the podcast is I really don't want to leave Alberta. I really don't want to leave Lloyd Minster. It's my home. And I think Alberta is a pretty cool place. Western Canada in particular is a pretty cool place. But, you know, when I leave here, I'm like, well, I got one of two options out the year and just carry on with life, knowing there is problems.
Starting point is 00:57:13 Literally, you know, when you start searching, you find a lot of different things and you try and figure it out. And what you're saying to me and others have been saying is like, well, just pick up these couples. things. There's answers there to explain why we're in the predicament we're in. And certainly folks, for me, I don't know, and once again, my audience is brilliant, you know. There's a reason why there's people that are already on Bitcoin. There's a reason why there are people that aren't and are skeptical and are trying to ask the same questions here, the different things. But for me, you know, when you talk about the Bitcoin standard, the Fiat standard, two books that have been recommended to me, recommended to me multiple times since walking through the doors here, and it's
Starting point is 00:57:52 probably high time. I got nothing but ass time coming where I'm going to be sitting and certainly get through some things and see what you have to say. I think the most important thing for freedom types that
Starting point is 00:58:08 are approaching the space or I've heard about it to understand is that we do not defeat this Fiat monster.
Starting point is 00:58:22 this bureaucracy monster, this political monster with by voting with their paper ballots. We defeat them by voting with our choice of money, by voting with our feet. You know, with our dollars, our feet. We have to bankrupt them. That's the way out. Every single one of their levers of control, every every, every, every, every, every, Every action that we saw taken over the whole virus period, the root lever was capital. So there was financial incentives at every step on every rung that enabled that disaster.
Starting point is 00:59:11 And for this audience, right, because one of the things about this audience, for a lot of them, not all of them, certainly we've added in people as we go along. A lot of them didn't take the jab. but when you think about it, why did so many get it? And what did they say? They say, I couldn't afford not to. Like, I couldn't afford to lose my job. So when you talk about the financials, certainly there's the financial of, you hear all the stories of, certainly in the United States,
Starting point is 00:59:38 the big ones where they were getting paid X amount for every, you know, tests they did or jab they give or whatever medication given through. There was a lot of financial incentives to do. do it that way. Sitting in Canada and Alberta specifically, they held your job over your head. I was one of them, you know, because I used to work in that world two years ago, two plus years ago. So in a sly and roundabout way, we remove their levers of power. We crush the banks, and they can't. When the currency is rejected, there's many examples throughout history that we've seen. We've seen what hyperinflation does. We've seen what trust being broken in money does.
Starting point is 01:00:24 So it's coming. You realize, so I just did literally a conference, right? And my general hypothesis, thesis, not hypothesis, because I mean, obviously there was more of a thesis was, listen, there are levers of power they are all on our lives and we need to remove government from us as much as possible so that when the next crisis occurs because we all know it well
Starting point is 01:00:54 I can't tell you which one it'll be because they got lots of different ones that are trying to put in place you just want to be so that they can't you know remove the choke point because the choke point's what you know when you listen to enough people say
Starting point is 01:01:08 that's what got them and you're like I don't want to have that on my life and so when you talk about the level of power. I'm kind of chuckle because I'm like literally you're you're speaking to me right now because I'm like oh that makes a lot of sense because I'm literally searching for those answers as we go along. Yeah, it's a it's an exit from their oversight. It's an exit from their control. It's an exit from their opinion. Bitcoin is the rebirth of the free market and the guarantee that it will thrive. it will innovate and it will develop and that it will be be unleashed and I hope to live to see
Starting point is 01:01:51 a return to the greatness that we have some evidence of that civilization had once rested and so many stories about apocalyptic futures and especially as Americans, Canadians, you only have to spend a small amount of time in the old world of Europe to really see what they've taken from us. The apocalyptic future is not coming. We're in it. Appreciate you doing this and sitting across from me. Give me some time.
Starting point is 01:02:36 I know any time a guy asks of your time at a conference where probably 1,000 people want to sit and chat with you and everything else, Appreciate you giving me some time in doing this. It's another show to Dave Bradley for introducing us and allowing this conversation to go on. And, well, I don't know where the future goes. But certainly, I think, you know, folks having Maynex back on at some point would be a lot of fun. Either way, appreciate it. And thanks again. You're very welcome.

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