Shaun Newman Podcast - #987 - Dave Bradley

Episode Date: January 21, 2026

Dave Bradley is the Chief Revenue Officer (CRO) and a Director of Bitcoin Well. Bradley is a prominent figure in Canada’s Bitcoin industry, recognized as a leading expert in Bitcoin, cryptocurrency, and blockchain technology. He founded the world’s first brick-and-mortar Bitcoin store and co-founded Bull Bitcoin, Canada’s longest-serving Bitcoin brokerage. He also established the Canadian Blockchain Consortium, where he serves as Vice President, and founded Ghostlab, Inc., which develops Bitcoin ATM software. Tickets to Cornerstone Forum 26’: https://www.showpass.com/cornerstone26/Tickets to the Mashspiel:https://www.showpass.com/mashspiel/Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: [e-mail] Grahame: [phone]Bow Valley Credit UnionBitcoin: www.bowvalleycu.com/en/personal/investing-wealth/bitcoin-gatewayEmail: [e-mail] Prophet River Links:Website: store.prophetriver.com/Email: [e-mail] the code “SNP” on all ordersGet your voice heard: Text Shaun 587-217-8500

This is Viva Fry. I'm Dr. Peter McCullough. This is Tom Lomago. This is Chuck Pradnik. This is Alex Krenner. Hey, this is Brad Wall. This is J.P. Sears. Hi, this is Frank Peretti.

This is Tammy Peterson. This is Danielle Smith. This is James Lindsay. Hey, this is Brett Kessel, and you're listening to the Sean Newman podcast. Welcome to the podcast, folks. Happy Wednesday, hold the phone. 66, Mario LeMew, away from the Cornerstone Forum. And the first two companies here are bringing that to Calgary.

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But the sun's shining. Hopefully wherever you're at, you're enjoying the, I don't know, January weather. the dog days of winter? Did you know you can hold physical gold and silver in your registered accounts? Here's another date you should mark on your calendar. March 2nd. Yeah, that's coming fast too. Silver Gold Bowl can help you unlock the potential of your RRS, TFSA, RRIP, or Kids RESP,

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I don't know if anybody's been watching the run on silver in the last little bit. I should have had this pulled up, but I'm going to pull it up right now because I love taking a look. Where's the price today, folks? Where is the price today? Silver sitting at 1.3067. Man, that is a mountain top or a steep climb. I don't think we're at the mountain top just yet.

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let's get on to that tale of the tape today's guest is the chief revenue officer and director of Bitcoin well I'm talking about Dave Bradley so buckle up here we go Welcome to the Sean Numa podcast. Today I'm joined by Dave Bradley. Sir, thanks for hopping on.

Thanks for having me. For those of you watching, maybe you saw his coffee cup. It shows liberal tears. Okay. For those of you who don't know, Dave, Dave is, what's your title? How do you say it? The most handsome man in Bitcoin? Yeah, I'm widely, widely recognized as the strongest and best-looking Bitcoin entrepreneur in Canada.

Dave, two years ago was on the Cornerstone stage. I was actually just telling, I was on BTC sessions with Ben Perrin and forgive me, sad, no, said, Seb, Sebb Bunny, Seb Bunny, right? Forgive me, I don't know all the Bitcoin. They were track, I've had an interesting week, Dave, where I went on with a group of Bitcoiners

and they called me the gold bug, which I was like, I don't know if I'm my gold bug folks. I don't know if I feel. And then I had Vince Lanchion and he called me, I don't know, basically pro-Bitcoin. And I was like, really? Is that what I am? And he kind of made fun how I can go in both worlds.

So it's been an interesting week here talking about a bunch of these different things. But I guess where I wanted to start with you is I brought up on BTC sessions. You know, I don't think you need to go sell your house to own. Bitcoin and he started laughing because he's like, Dave Bradley would say, sell your house and buy all Bitcoin. Walk me through this, Dave. Let's start there. Let's see where we get to today. Yeah. I was literally with Ben, end of last week, and we were having a cigar and I was, he was talking about future plans where he might want to move. And I was like, literally, like, you need to sell your house and buy Bitcoin. And you can do the math on his choice to buy that house. You know,

he's up 40% when he bought that five, six years ago, but he's catastrophically down in Bitcoin terms. Bitcoin has just simply become more valuable at a much faster rate than your house has. And what we've all been living through is this era where, you know, like we're pretty similar in age here. You know, we grew up with our parents owning homes and telling us how great of an investment those homes had been for them. And really what we were what we were living through there is a time when real estate was taking on a lot of the properties of money. Because in 1971, you know, jumping right in here, 1971, when the gold standard fully ended, money, dollars,

what we all use as money, started to lose its purchasing power. It started to lose its link to reality in a much faster way than it had before. And it started to lose its most important quality, which is the ability to store wealth over time. And so people started to use other things as a form of money, essentially, as a way to store their wealth. And that's very different than an investment. An investment is something that you hope will become more useful and more valuable over time because of the capital that you put in. Your house doesn't become more useful.

It might become more rare, but it doesn't, it's still the same house. You know what I mean? It goes up in price over time. But that's really just a function of the fact that the dollars that we measure our house and everything else in, are being printed into oblivion becoming much more plentiful, much less rare, and then therefore much less valuable. And so when you look at real estate, it's not really an investment, but it is a way that people have traditionally been able to hide their wealth from those forces of inflation by putting it into something that is harder to create than dollars,

namely real estate and housing. And I think we're just getting to a point where the world is swinging back in the direction of more traditional hard money assets, gold, silver, Bitcoin, a lot of the world's trying to rush to recapitalize on these things. And inevitably, this rush of free dollars that have flooded into the global financial system over the last, especially over the last 20 years, but they've been doing it for a long time. Those dollars are percolating into everything. And the monetary properties of things like real estate are starting to flee to better forms of money. And that's throughout human history, what we've always seen is that the best form of money, whatever functions at the core to store wealth better, will inevitably

eat up all those lesser forms of money. And that's why we ended up on gold for most of human history is because it was just the hardest money to create and therefore the best money out there. So the short answer, I guess, is, you know, it can be worth it to buy a home because you get a lot of rights. You get to knock down a wall or dig a hole in your yard. And you don't have to ask permission. You don't have to worry about somebody selling your home out from under you and you can stay there for a very long time. But you don't actually get what most of us kind of think and feel you get. You don't own that land. You don't own that home. You have essentially a lease with permission from the government to continue to occupy that home unless they change their minds,

unless they change their laws, unless they change their treaty interpretations, unless they change something about the way that they enforce your ownership of that land, you really don't have those rights. We don't have those rights enshrined in our Constitution. We don't have property rights really of any kind in Canada at this point. Well, and if you go off of a fee simple title, what's going on in BC, you could draw on your thought there to go, yeah, it's in BC right now, but will that spread? further than just what's going on in British Columbia. If you're sitting in British Columbia right now,

you know exactly what you're talking about is, do you actually own your home? Do you actually own the land that sits on? And I think they're finding out right now, um, no. Yeah, a huge percentage. I mean, simple.

Yeah, a huge percentage of what the government is really supposed to do at its core is to keep us and our property rights safe, right? And it's become very clear that, uh, you know, they're not necessarily doing that in a lot of ways. This BC thing is one of those ways where they've just thrown our property rights out the window in the name of virtue signaling and the globalist agenda. You know, you'll own nothing and you'll be happy. It's very clearly where they're marching towards.

But we have a different treaty situation here in Alberta, for example. But at the end of the day, the important part is that those rights were removed because the government decided to remove them. And so it comes into an important question about the nature of rights and where do rights come from. And as far as the government's concerned, the rights that we as Canadians have are ours by their decree. You know, we're lucky that they've let us have these rights and they can take them away whenever they feel so inclined. Forgive me. Maybe you know the answer to this. Where do rights come from in Canada, the government. that would be at the top of the pecking order.

I know people talk about in the, oh my goodness, why can't I think of the document, the 80s document. What am I trying to spit out of rights and freedoms? Thank you. I don't know why I'm having a brain fart today, folks. In it, it talks about God, but regardless, the top of the food chain is government, correct?

Yeah, absolutely. And really the crown at the end of the day is the basis of all of our, like really our legal system is that it all goes back to the crown, which has this divine right. That's why we have, you know, the crown, so to speak, owning most of the land in Canada. That's why the crown has these tremendous rights that really are then delegated to every level of government. And that's very different than the United States where, you know, they've got their declaration of independence, which goes, you know, I don't think it goes nearly far enough, but it does go some distance,

to enshrining the rights of the individual and really saying that, you know, we hold these truths to be self-evident. These rights don't come from the decrees of others. These are innate rights that man has in relation to God, in relation to the self. And, you know, that's kind of fundamental to, you know, a lot of the conflict between the two major

world views in the world right now is that, you know, the sort of the freedom side, all believe that the individual is the most important thing that we can protect. You know, the individual is the smallest minority. And the other side does not believe in individualism. They believe that, you know, their fancy people in their ivory towers can make decisions for the crowd better than the individuals in the crowd can do for themselves. And at the end of the day, that's what our disagreement comes down to.

You know, we feel like the individual should be able to make those choices and that the individual is better equipped to make those choices, even to chase, you know, they're like they're always looking for the greater good, right? And I think that's something that a lot of us can get behind is the idea that we want a good outcome for the most number of people as possible. But on our side of the fence, the view is that the individual is better at making those choices because we have skin in the game. You know, we get to decide how we run our own lives and we can bear the consequences. And therefore, the result of many small choices will yield a greater result than one centrally planned choice. Do you know, I don't know if this is true or not. But is there anywhere else in the world a government set up even remotely close to the U.S. where God, inalienable rights, like, it doesn't come from government down.

You know what I mean? Does that make sense? Yeah, I'm not sure if there's anyone that goes even as far as the United States. Actually, a friend of mine was random to me, and I haven't looked into this yet, but the constitution of Rhodesia, which was a country that was widely abandoned by Western powers and overrun by the communists and has now become the morass of Zimbabwe, one of the least successful countries in the world, apparently had a very strong individualistic constitution that guaranteed firearms rights. commerce and individualism. Sorry, folks. I'm looking at this because I'm actually curious now. Yeah. Because I'm like, yeah, here in Canada, it's, you know,

or even parts of the United States, the Democrat side of the states, and I'm overgeneralizing, I guess, or oversimplifying. But like, they really like this collective idea, right? And I'm like, the more I look at it, the stranger it becomes. but I'm like, you know, is there anywhere else that has the same thing as the U.S.? Grock would say, no, Rudisia did not have a constitution similar in the United States. Yeah, I'm not an expert on the matter for sure. I just, this is what somebody was telling me on the weekend and made me want to look into it some more.

But I think the interesting thing, you know, that document, the Declaration of Independence that, you know, most people would say is really fundamental to the concepts of individuals, and freedom that we have globally now. I think that's just a starting point. I think we're in a spot where if we pull this, if we pull this off, Alberta could be the first jurisdiction to have a really properly enshrined set of rights that begin with individual freedoms,

that begin with property rights, the freedom of speech. And, you know, we could become sort of like America 2.0 from a philosophical perspective in terms of, you know, what does it mean for this country to exist? And I think that if you pair that, that kind of radical free markets, radical capitalism with our vast resource wealth here in Alberta and you open up those markets, a huge number of the smartest and most useful people in the world are going to want to move here. 100%. Right. We're going to end up bringing business owners from all over the world to move here and grow our

economy. Before I hop into Alberta, this is what, I'll finish it, this is what Croc said. Now, do I think AI knows all the answers? No, this is probably once again an oversimplification of Rhodesia. No Rhodesia did not have a constitution similar to that of the United States. The United States Constitution is a federal republic with a strong separation of powers among three co-equal branches, executive president, bicameral Congress and an independent judiciary, a bill of rights, protecting individual liberties, checks and balances, federalism, dividing power between national and state governments, and a system designed to limit majority rule while protecting minority rights through mechanisms like the Electoral College, Senate representation, and judicial

review. Rhodesia's key constitution were shaped by British colonial heritage and evolved amid racial tensions and the push for independence, the 1961 Constitution, which governs southern Rhodesia and then Rhodesia after 1965 unilateral declaration of independence until 1969. Hmm, was based on the West, hmm, that's interesting. It's something like as I'm reading this, I'm like, guys should probably do a little deep dive into Rhodesia. Yeah.

Because maybe there is something more there. As I'm scrolling down it, it talks about, um, it had a prime minister in a parliamentary system. It established a bicameral parliament, Senate and House Assembly, but entrenched white minority control through reserve seats, separate voter rolls, and land tenor provisions. It further emphasized separate development and racial parity in representation rather than universal equality. It's interesting. I'm like, I'm getting a snapshot of what it is. Curious. Curious if the audience knows somebody or something to watch, somebody to interview, because I'm like, that'd be interesting. to dig into. Now, coming back all the way to Alberta, this independence movement, I'm sure you've

been watching all the videos of the lineups and, and, you know, there was drone footage of Eminton this past weekend showing how, like, large of a turnout they had. Before we get into what could happen, what have been your thoughts so far on what is happening? Yeah, I mean, the really interesting thing that I see happening is. the Overton window is shifting, like the scope of what's normal is shifting. I started talking really seriously about separation, about independence in 2019 when Trudeau was reelected. And I was getting the same answer from everybody, especially here, you know, downtown Calgary. We've got a lot of oil and gas people here. The answer that I was getting was essentially like,

that'd be nice, but it'll never happen. And now I think that the, everyone's perspective, perspective has shifted. You know, we've, we've endured another decade of abuse from the federal government. And every time they cross a line and do something unimaginably stupid, like killing all the ostriches or, uh, announcing the new world order in China with the Chinese, like these just crazy stuff that like the average Joe on the street is going to be like, well, that's not, that's not okay. Every time they, every time they overstep these bounds, more people, more people are starting to wake up. And so that's kind of where I see that we're at is that the, the sort of normy culture is now becoming a lot more okay with the idea of, uh, of an independent

Alberta. And people are starting to, to remove the sort of rose-colored glasses that have tinted the way that people look at Canada. You know, we've all been raised to be proud of Canada. We've all had a lot of, um, you know, sort of stories told to us about what we're supposed to be proud about with Canada. But it's been a long time since Canada has actually given us anything to be proud of. It's been a long time since we've really had anything but an abusive relationship with Canada. And I think, yeah, we're at that point where more and more people are waking up and it's just a matter of time at this point because the math is so overwhelming, right? We're being robbed so drastically to pay for this excess spending of the East. And meanwhile, you know, we're

we're suffering with unsafe cities, poor healthcare system, poor transportation system. And in Calgary, we've just got our water veins exploding right now. And it's becoming more and more clear that the priorities of this federal government are not in line whatsoever with the needs and interests of Albertans. And that fundamental reality is just becoming more like more clear to more people. And as that happens, eventually we will get to a point where enough people will take the rational decision to say, hey, we don't need this parasitic stepdad telling us what to do and, you know, ruining our industries, stifling our business community. And meanwhile, cracking down on

all of our personal freedoms when, in fact, we could be a bastion of personal freedom. We could be a bastion of commerce in the world. We could be the shining light that begins the trend of these sort of large-scale nation states, which, you know, in a lot of places in the world, the nation states are much larger than they need to be for the modern day. These are structures that were formed, you know, hundreds or thousands of years ago in many cases with the express goal of protecting the people in those areas. And nowadays, the scope of what people need protection from is vastly different than when, you know, the country of France was invented, for example.

And so what our relationship, what our relationship is with these nation state entities, I think is going to be fundamentally changing drastically over the next 10, 20 years. And I think we're going to be in a place where a lot of regions of the world start to say, hey, do we really need this distant central government making decisions with the money that that they take from us with our consent? And is that in our best interests? And, you know, there's, there are want to be separatist regions all over the world that I think once, once one of us really kicks it off from the developed world, it's going to be a cascade. And my prediction would be that, you know, 10 years from now, we're probably going to have over a thousand, maybe several thousand countries in the world rather than hundreds.

Before I get to the thousands of countries, I'm going to go back to the proud of Canada comment. You know, when I had, I think it was Dennis Modry. and I forget if that was a year ago folks forgive me on that but we had a discussion on Alberta first versus Canada first and you know you're talking about relatively same age and kind of history we learned to Canada and different things you know in high school I got to travel into Europe wearing a Canadian flag and and it was really cool how people wanted to come and chat to you and I got to play hockey in Finland and that was a cool experience and you talk to about being proud of Canada, you know, I think in those early days, I would have said we were a

bastion of freedom, a bastion of welcoming all these different people in and showing them a different way of life, you know, the respect we showed countries and, you know, the respect we got back was like, you could just feel it. And in the last, for sure myself, last six years now, I mean, it's 2026, folks, you know, that is definitely changed. And when you talk about what, you know, like proud of Canada, I always point to the Olympic hockey team. And then we were talking about that this weekend while we're curling. And saying, you know, when I think about it, that'll be, you know, if Alberta were to gain independence, probably the saddest moment would be realizing you're no longer cheering for Team Canada.

And I think it was Kyle me talking. And he laughed. He was like, you watch how quickly you'll start cheering for Team Alberta. if they put together a hockey team, which we no doubt would. And I'm like, you know, you're probably right, right? I remember back when the St. Louis Blues became a team, but they were talking about it being the Saskatoon Blues. You know, as a kid going, would you have cheered for the Saskatoon Blues?

And my brain went, I assume yes. Eventually you would just, you know, you grew up going to Saskatoon Blues games instead of Damantowners or if you're in Calgary, the Calgary Flames. But in Saskatchewan, what do you cheer for? You cheer for Winnipeg. I hardly doubt there's a ton of Winnipeg fans being at Manitoba, or you cheer for the other side of either Calgary or Emmington, and I know there's other fans out there.

But it's funny when it's like, so the thing you're proud about is a hockey team. It's like, yeah. Yeah, they've given me a lot of proud moments to be Canadian in my lifetime. And that's where I'm like, you know, I have the military guys in Dave, and they tell stories of serving Canada and then, you know, old historical stories of, of the world wars and other conflicts. And there's things there. But even them, they're like, it's just, it's time, you know, like the things that

the Canadian government, Canada in general, is doing and becoming no longer represent who we are. Yeah, absolutely. That's the divide. And that's why I think, you know, I think we're going to very easily hit our. signature totals that we need to get this referendum called. And I'm about 50-50 on whether or not the referendum is going to pass. I think there's a lot of people who are more pessimistic than the sort of energy and

momentum would dictate. I think we do have the energy and the momentum on our side. And we have the fact that, you know, the other side are both incompetent and evil, which is very useful for our side because every time they do some some cartoonish super villain stuff like killing the ostriches, it throws the reality of this relationship into the face of more people. And more people will start waking up. And I think, you know, we will, like I am optimistic that we have a good chance to to win this referendum and get our sovereignty in a fairly direct route here. But if we don't, it's just going to be a matter

our time before it comes back around because like I say the math is so overwhelming and it's just such a parasitic abusive relationship that these you know larenche and elites have been siphoning value out of our province and our our families and our lives for such a long time that uh you know if you put that money like what would alberta look like if we had an extra 20 billion dollars a year for the last decade right what would what would 200 billion dollars of investment due to Alberta? What kind of infrastructure business, you know, like what would our healthcare system look like with an extra $200 billion in the provincial coffers? And eventually at the end of the day, people are just going to have to wake up to the reality of that math. And,

you know, we're not going to keep paying them forever. It's, it's just a crazy, irrational thing that we're even doing it now. And, you know, eventually we will cast off these chains. I wonder if you're right. I think I've always, or I shouldn't say I've always been saying, I've been saying that we're going to hit signature, like I just don't see how we don't hit the signature number. Full stop,

which means as long as the federal government or, I guess right now the First Nations don't step in and try and find a way to get it thrown out in general. I don't know if they can do that. But certainly they don't want Alberta to go. And so the signature thing I don't think is, don't get me wrong, folks. I'm not trying to make like it's this easy thing. I think 177,000 signatures, not to mention that they're all recorded properly and all the things they're going to knock off for this was wrong and that was wrong.

I think if you want to see this happen, you should be going out and signing. And I know when I had Mitch on last week, right, they were trying to get all the canvassers through elections Alberta. and, you know, there's delays on getting everybody approved and blah, blah, blah, but as these things start to happen, which they are, and more and more canvassers come online, so to speak, if you believe that you want out, you believe you want to see a possibility of a referendum, 177,000 should be, you should be trying to get, I don't know, maybe not 10 times that number, but five times that number to make it evident that Alberta wants something different. And I think that, like, I personally think that number is going to be hit and exceeded.

A referendum, I'm kind of like, yeah, I'm like, I don't know what happens then, right? Like, that's new territory. Yeah. So we're definitely going to be subject to their machine, right? The propaganda machine that the globalists have that they wield so effectively will turn fully on to the Alberta separatist question because really at the end of the day, this is a conflict. about who gets the resources, right? And right now, being part of Canada,

which itself is part of the British Commonwealth, we are property of the crown, with the British crown. All of our resources are technically owned by the crown. They're owned by the king of England. And, you know, you've had a lot of these guys, Tom Longo and Ian Burlingame and whatnot on your show, kind of talking about this struggle that's going on in the world

between sort of the American faction led by Trump and these globalist city of London devotion devotion collectivists. And I think the first step is to get our resources away from those guys. And then from there we can kind of figure out where we land. But when it becomes a reality, when we have a vote coming, we're going to have money from both sides coming in. We're going to have the powers that be paying those indigenous. groups to fight us, just like they did with the pipelines with the sort of

of hereditary chiefs nonsense. And, you know, we're going to see how well that brainwash machine works on all burdens this time because, you know, they used it on us very effectively during COVID. But I think a lot of people woke up from that. And there's a lot of people walking around with vaccines these days that don't, you know, no longer believe those things were safe. There's a lot of people who were and continued to be betrayed by the federal government who've started to see that. And that's kind of the question is like whether or not Albertans will see through the ruse or whether the propaganda machine will win.

And like I'm optimistic about that, especially with our young people. I think people are just not buying the same nonsense that we've been sold for decades that, you know, the world is the way that they say it is and that it's perfectly normal that they're in charge and can squander all of the resources. I think you raise a very valid point when you say money from both sides, right? Let's assume we get to a referendum question. Money from both sides. Like, let's just, you know, the same way we look at Venezuela, right? Everybody points to the oil and a whole bunch of other resources they have. And yet when it comes back to home, we don't have that lens to look through.

We're like, oh, no, we're just going to be free and clear to do as we choose. It's like, really? We sit on what the third largest deposit of oil? I think that's correct. Not to mention everything else we have. And you go, you think they're just going to let us walk away? The globalist evil agenda, they're just going to let us walk away? I go fat chance.

Now, on the flip side, you do have the Trump side of this thing go into Venezuela, extract Maduro. You do have them jockeying for position on Greenland. And you go, that's also going to be, I mean, you know, like people say, oh, foreign interference. I'm like, well, the crown is foreign interference in my opinion. So like, you're going to have foreign interference from both sides. And you will become the center point of the world, will you not for a time?

Yeah. Yeah, we're kind of in a tug of war here. in Canada. You know, we've obviously got massive Chinese influence infiltrating our whole country, massive Indian influence, infiltrating our whole country and our institutions of power. And then we're kind of in this spot where we're between the Davos City of London and the American power structures. And I think we're in an advantageous spot in that sense in that Trump is very clearly expanding the American sphere of influence and sort of reconcilitating the American sphere of influence around North and South America. And,

And that creates an incentive to pull our strings away from the city of London. And, you know, I think I think like most people in Alberta, I don't want to be an American. I have no interest in joining the United States. I don't need another abusive federal government. Like I don't think we need a federal government at all. In fact, I think we'd be just fine with two levels of government instead of three or four. And, you know, I think because Trump wants to consolidate that power, we can use that as a leverage play to bring us to a point where we're like, you know,

we can be openly in the American court. We can be in the American, we can be on team America without giving them, you know, without any overt military action happening in Canada, without, you know, us becoming American, becoming a protectorate or anything like that. I think we hold the cards because we have all the resources. And we're in a spot where if, you know, if we do get this reference, random through, I very much expect that the, you know, the federal government, the First Nations, whoever it is that the money is flowing to from the powers that be, they're not going to

negotiate honestly with us. They're going to try every dirty trick in the book to tie us up in court, to, you know, steal our assets and the pension fund, steal our resources, whatever they can do to keep claws in, to keep sort of the siphon of money flowing out of Alberta and into the rest of the country. They'll do whatever they can. And as long as we have Trump or, you know, any other, you know, Trump camp Republican, like if we get J.D. Vanson's president next, I expect that we're going to have more of this same posturing where, you know, they have an incentive to shore up their sphere of influence around North America. And if we use that as leverage chip to keep Canada honest when it comes to the, you know, the bargaining to get us out of Canada.

Because I think like the path that I would like to see is us voting to leave Canada and negotiating an amicable, um, departure. You know what I mean? I, I, I want Albertans to be able to travel to Canada. I want to have a good relationship of Canada. I want them to be our largest trading partner and our best friends and allies. But I no longer want to be part of the disastrous financial leadership of Ottawa. And so I think that the fact that we have the option as plan B to just go to the United States, you know, the day we get a vote, we could go to the United States and say, please recognize us as an independent nation and screw Canada, whatever they think, whatever the Supreme Court says, whatever the government says,

if the United States says we're an independent nation, then we are. Right. Then we just, we turn off the CRA, we stop paying federal taxes. We escort the federal bureaucrats to the border and go our separate ways. And because we have that option, my hope is that we can negotiate our way out of Canada in a way that not only gets us out of Canada cleanly, but preserves. Like, I don't want to see everyone in the East starving to death. which literally might happen if we leave and take all of our resources away, cold turkey.

Like we may end up in a scenario where the sort of leftist oligopolis of the East go completely bankrupt and can no longer provide basic services to their people because they're just, the money isn't there. And there's been no, like there's no sign of anything approaching sanity from these people. You know, they're just going to keep spending it on painted sidewalks and whatever other nonsense they can they can drum up so I think uh you know we're in a unique spot because of the united states and like we got to pounce on this opportunity while while we have what should be a friendly uh leader over there yeah well I mean when you talk about if you were to have a successful

referendum having Donald Trump to the Southia bordering what would be the country of Alberta. Like immediately you should be recognized. That is something very few referendums that have happened on independence can say. Full stop. Right? Like, I mean, what other country could do that? Yeah. There's a whole bunch of provinces that could do that. Yeah. And it looks to me like Alberta is going to try and, well, no, they currently are in the process of trying to exert that right. I mean, that should, I mean, like if you're, if you're, if you're team Alberta first, that's true to excite you because most people, most countries, most regions of the world will not have that opportunity. Yeah. So when you talk about pouncing on it, yeah, like I mean,

the moment is now. The moment is definitely now. And my, my hope is that, you know, if we do pounce on it, that it becomes sort of this, this beacon for what can happen for all these other independence movements around the world. And, you know, I think that the central powers, the central banks of the world, the city of London, et cetera, that have long controlled the world's financial system are starting to lose their grasp on things. And they're starting to lose their grasp on reality. And, you know, you see that based on the fact that, like I mentioned, they're becoming more and more cartoonishly evil all the time. They're doing these crazy things that can't, like, you know,

they think they're going to go over just fine, and any normal, rational person can see is insane, right? And so I think the time is now for those power structures of the world to start shifting. That's where that prediction of, you know, there being a thousand countries comes from is because I think Alberta might be the first major nation to break up, to, you know, pull the,

the strings of power away from the crown, but we hopefully will not be anywhere near the last. Well, I go back to a conversation I have with Martin Armstrong. I don't know what it was, folks. You'd have to go back in the catalog and pick out which one it was. He's been on an awful lot. But, you know, he talks about ideas spreading, right? So the Freedom Convoy spread, right?

It issued protests across the world, not just in Canada. And even in Canada, it spread more protests across Canada, right? And when you talk about independence or this idea of sovereignty and voting your way out, whether it's Alberta or somewhere else, once you have success, that success will spread to other parts of the world because ideas don't stop at a border, right? COVID does, but ideas don't. Yeah. And he'd talked about this at least, I'm going to say, at least two years ago. And I sat and chewed on that for a long time because I'm like, it's an interesting thought.

Whether it happens in Alberta or somewhere else, you can tell people are fed up with their governments and are trying to find ways amicably. I can't say it. Amicably, I can't spit it out today, folks. As Dave's pointing out, right, that's the way you want to leave. And everybody's trying to do different things like that. But as they keep shutting it down, now you're allowed to do that. Nope, you're not doing that. Oh, we're going to tie it up in court.

What rises is frustration, anger, and scenarios that I don't think a lot of us want to approach with a rational. I don't know if I want to ever get to that point. Just let us out. Just let us go. You know, you talk about taxes and, like, day one, you just stop paying federal tax. That's another conversation I have with Martin and Brett Olin, where he's like, you know, you want to see Alberta thrive. reduce tax across the board. You know, you talk about, oh, an extra $20 billion coming into the Alberta government. I go, I don't want an extra $20 billion to come in an Alberta government. I assume,

Dave, you're the same way. I want, I want more money to come into my pocket so I can decide what to do with it. I don't need some overlord spending my money on what they believe to be right. I want it. I want to control my fate, my destiny, my little pot of money, which isn't that big folks, but you know, you start reducing my tax burden. All of a sudden, your bank account grows instantaneous. When you put, like if you were to put $20 billion directly back into the pockets of Albertans rather than, you know, into the Alberta government's coffers, that $20 billion doesn't stay $20 billion because everyone who now keep.

a greater percentage of their money is going to either spend that on things that they want or they like or they're going to invest that in their businesses, in their neighbors' businesses into the local economy in a way that the government simply just can't do, right? The government can't make large-scale decisions on how to allocate capital like that properly because they don't have skin in the game, right? The government can only be so close to the ground. They can only ever have a cursory view of what's actually going on, whereas those individuals can allocate that capital properly. And that $20 billion a year over 10 years, you know, with the compounding, you know, that sounds like $200 billion, but with the compounding, that's, it's a trillion dollars or

more of economic value and economic activity that goes back into the economy. And that's, you know, the simplest way to look at it. And I did a, I did a chat GBT research project. So, you know, you take it with a grain of salt. And I would love to see somebody do a real version of this who has money and time to put into it. But I basically was trying to figure out if we took all of the services that the federal government provides to Albertans and we just replaced those with the same services at the same cost provided by the provincial government, which I think is a low bar. Like we should hopefully be able to do better than the terrible services the federal government provides us now. But the result was that the average Albertan would save $17,000 to $25,000 a year in income taxes.

And like when I talk about the math being inevitable, like that's just huge. Like if you ask people, if the independence question was, would you like to send $25,000 of your money every year to Quebec. I'm betting we're going to win that referendum pretty handily. Or I, I, I guess I would phrase it differently. I would say, would you like $25,000 more in your pocket or your bank account? I don't, I don't see any liberal, NDP, conservative, whatever party saying no to that. It's like, any individual is just a rational and be like, you're going to give me how much money, an extra 10 grand a year, an extra 15, whatever the number equates to, I always go on the low side, but you know, you go to the high side, you get an extra $20,000 some thousand

in your pocket. Who's going to say no to that? And then think about it if you're a married couple. Now it's an extra 40, 50 grand. What? Yeah. That's a crazy amount of money in, in the world the way that it is with this, you know, affordability cost of living crisis that we're all living through.

absolutely everybody needs that that money and it's it's completely crazy to continue to send that money to other parts of the country and and and to other countries you know to to waste on woke sort of money laundering projects all over the world trying to you know i saw i saw one that came out a while ago trying to teach um teach the wives of afghan tribesmen about modern art you know you get you get things like this this has nothing to do with me i have no interest in in any of the product of my time being used to teach the wives of afghan tribesmen about modern art i think that's something that most people would agree with i'd rather have whatever percentage like even if it's a dollar of my money percentage wise going to to teach these things i'd rather have the

dollar back i think everyone would rather have the dollar back the number of people who are actually behind any, any one of the thousands of insane spending decisions, I think you would find that if you asked an average, Albertan, an average Canadian, do you support this spending decision? In most cases, people are going to say no unless they directly benefit from those crazy things, right? And anybody who's saying the opposite is just, is just virtue signaling. It's just not real. People would rather have control of their own resources. I agree. I want to ask you, silver, as we said here today, back up $131 Canadian. Now, obviously, you're a big proponent of Bitcoin. And one of the questions that newbie Bitcoiners or people not yet in Bitcoin and say, where's Bitcoin right now?

Why isn't it going to the moon with all the things going on in precious metals? Dave, your thoughts? Yeah. So I think what we're going through right now is a major recapitalization and a recilateralization of the central banks, of a lot of the major banks in the world. A lot of, you know, countries are starting to look and say, you know, this sort of dollar centric world where everything is based on debt. and it's kind of just a race of who can accumulate the most debt at the best price as compared to their

competitors and who can sell the most junk to each other. I think that kind of economic world order is starting to come to an end. And inevitably, we're going to get to a point where those balance sheets start to get looked at. And the countries of the world will need to have hard assets on their books. And so I think that's kind of what we've been seeing right now is a big rush by the BRICS countries especially, but really, you know, following them, a lot of the countries in the world are starting to snap up medals because medals have been, you know, the best money that the world has ever seen for most of human history. And the silver question is very interesting. I think there's a lot of reasons to be bullish about silver in the short term. You know, you've probably had guys on here

talking about the, you know, anybody in our sort of, has a million people in your DMs talking about silver right now, of course, right? So, you know, you've got the fact that there's this industrial demand, this relatively slow-moving supply that can't really respond to the price very quickly. And the nations of the world have started to scoop this stuff up. I think there's a lot of reason to be bullish on silver in the short and medium term and gold as well, because I think this trend is not going to reverse. like the need to recapitalize and recalateralize everything is is going to be a major

force going forward in the next couple decades financially, I think. So we're going to keep seeing that. Where, you know, and you've kind of got, I would look at it as kind of like the three big buckets of gold, silver, and Bitcoin. And I see them playing out very similar to the way that this kind of monetary question has played out in the past in a lot of ways. And this is, this is all separate from, you know, the short-term supply crunch that we're seeing the industrial demand, the reasons that companies need silver now, like all of that's true. And the industrial use case for silver is going to

continue to support the price of silver. But I think ultimately in the in the next decade or so, what we're going to end up seeing is very similar to what we saw near the end of the gold standard, where gold being a better form of money than silver, just display. placed a lot of that monetary premium that people were putting on silver. And so, you know, gold is a better form of money than silver for a few reasons. One is that it is a lot more durable. It's a lot harder to create. You know, you never get like there's no gold oxide. Your gold never rusts. Your gold never goes away. Whereas silver and other metals do deteriorate. So there's a lot of small things that made gold better money than silver. But the main reason was that it's harder to get.

It's harder to produce and therefore it's harder to inflate the supply of that money. And over the long term, once you allow market forces to act on a society, the society will inevitably choose whatever the best form of money is. And that's where I think Bitcoin will come in is right now it's being traded a lot like like it's being traded a lot like stocks. You know, it's it's trading with your Navidia stock for the most part. It's mostly track in the stock market. And that's because people are kind of looking at it as this like risky speculative asset

where you might be able to make some money in the short term rather than the way that ultimately if the market looks at it rationally is the opposite, should be looking at Bitcoin gold or silver as a safe haven as a hedge to all the money printing that's going on in the world. And, you know, I think like we've got this saying in Bitcoin that we've adopted gradually than suddenly when talking about adoption and price. And I think that's the way that it'll likely go is that you know, you're going to have this race by the countries of the world to scoop up as many assets and resources as they can. And they're obviously focusing, you know, they've been focusing on gold, but they're all quite long gold. And now they're all, they're all sort of moving their

focus a little bit over to silver. And I think it's just a matter of time before, you know, some countries in the world start using Bitcoin in the same way that they're using gold to shore up that balance sheet because of the fact that the properties that make Bitcoin money make it the best form of money that we've ever seen. You know, it's it's harder to produce than gold. It's harder to affect the supply of Bitcoin that it is gold. And then you've got all the sort of technological superiority that play into why gold was abandoned as money in the first place. You know, why Fiat money started to exist is because it's very hard to send gold around the world. It's very hard to settle or pay with gold. And so paper and then following that digital

balances of fiat currency made sense. But now we're in a world where we have a form of money that can not only be sent anywhere in the world without anyone's permission, that's very important too. It's censorship resistant. It's not contingent upon some third party who says, yes, you do have these dollars and therefore the value you've created continues to be valid. Bitcoin operates completely separate from any third party. And so you can send that anywhere in the world for very little money with very little time. And you can make smaller large payments anywhere in the world. And so in that sense, it kind of solves the issues with gold that created the need for fiat currency.

And now we're in a spot where the average person can choose a form of money that is not only hard money that's hard to create and therefore not we're not subject to the same kind of inflation that we're seeing from all the fiat currencies in the world, but that that money can be just as useful as any digital dollar anywhere in the world. And so I think it's just kind of a matter of like, when will the market figure this stuff all out? And when it does, like I say, gradually, then suddenly, we're probably going to be in for a, you know, we've seen a lot of price fluctuations in Bitcoin over the years.

But when you zoom out and you look at that graph, it's, you know, it's overwhelmingly up and to the right. So we're going to see a steady creep of Bitcoin price increases in dollars with wild fluctuations in the middle. And then at some point, we're going to hit a tipping point, much like we've recently hit with silver. And, you know, a lot of the world's largest institutions, a lot of the world's central banks, a lot of the world's governments are going to start stockpiling Bitcoin. And at that point, it'll be kind of like a rush to the exits. If you were to look into the next, I don't know the time frame, year to maybe 2030, somewhere in that range.

I've heard different numbers on Bitcoin. Like right now, I was just looking at it. Here, I'll pull it back up. Bitcoin, this is Canadian folks, Canadian. So if you're an American listener, I apologize. But hey, I put everything out in Canadian dollars. 129-234 is where it sits as I'm staring at the screen right now. Where would you throw your guess in the next, I don't know, four years?

I'm a long-term. I've become more of like, I'm not worried about tomorrow. I'm worried about 2030, right? You know, and Martin has changed my brain on this immensely because the first time I heard him, and I've said this story lots. He always talks about 2032, and I remember in 2020 going, that's 12 years from now. Who is this guy? Now I'm my brain's changed a little bit.

I'm like, I'm not worried about a week from now. 2030 comes. Dave, where would you put the price of Bitcoin if you were just? Yeah. Well, I want to point out first that it's interesting that you're, your thinking is shifting to a long term style of thinking. And that is one of the consequences of ideas like Bitcoin making their way into your brain. Is you start to think in the long term.

And that's, that's something that I think, will have a tremendous benefit to society as a whole because right now the structure of fiat currency incentivizes us all to think in the short term. You know, if you don't spend that money, it's just going to burn away into thin air. You're going to lose your purchasing power. So that said, like I get asked about the price of Bitcoin all the time and I don't tend to like follow it that closely on a day to day basis because like you, I'm only looking at the long term.

And for dark and short term, six months, the year, 18 months, like, I have no idea. Like, and anybody who tells you they do have an idea of where it's going, they're probably trying to sell you a course. They're probably just, you know, if you knew what was going to happen with the price of Bitcoin, you would just trade that and not tell anyone about it. And you'd be vastly wealthy. So I have no idea what's happening in the short term. In the long term, I also believe the price is going to go up for a long time, measured in

dollars. I think it has a long way to go up. But I think the, you know, looking at a prediction like that, the thing that I think you need to circle back to is the fact that we're measuring this in dollars, right? And so I can say for sure that there are going to be way more dollars in the world in 2030 than there are now. Way, way more dollars. So it has no choice but to go up. Yeah. And I, like, I, you know, I know the dollar is going to go down. So, therefore, for anything that we measure against the dollar is going to go up. Right? And we know exactly how many Bitcoin there will be.

Fair. Fair. Sorry, you were about to say, and we know how many Bitcoin there are going to be. It's not like also they're printing more Bitcoin. In 2030, but we have no idea how many more dollars there will be, but a lot, a lot more than now. Probably at least double, maybe 10 times more. One thing we can guarantee on this show is there will be more dollars in the world by 2030.

Would you argue with that, Dave? You know, there's more dollars in the world than when we started this, this show. Like, they don't stop. Like, they don't stop printing money. They, the, the, the, the, the, the, the, the, the, the, the, the two possible scenarios are that the government continues to print money and spend money however it wants. Or the governments of the world suddenly become reasonable and start spending within their means. Like, which of those do you think is more likely? Well, I give the second one zero time of my head.

I haven't seen a government between Canada or the US. Or anywhere in the world. Or anywhere in the world, spend less. Yeah. Spend within their means. You mean, you know, not go out and just print more money to do all these stupid things we're talking about and foreign countries that mean you, neither one of us, probably none of the listeners would get behind. No, don't see that happening. So when you do that math, you go long term, if nothing were to change.

the price of Bitcoin, the price of gold, has no choice but to go up. Because what you measure it in is dollars. And as long as we're measuring it in dollars, it's going to go up. Now, the question I was going to ask is do you foresee a time where you stop measuring Bitcoin in dollars? Yeah, absolutely. At that point, like the way that I see it going down, I think the United States dollar is going to eat up most of the world's small currencies. in like right away, real fast actually, maybe this year. What do you mean eat up the small currencies? Explain that.

Well, so if you're in Venezuela, for example, if you're in, you know, any number of countries that have struggling currencies, most of those countries have black markets for U.S. dollars, right? And like, if you want to buy a car in Argentina, you're going to have to have U.S. dollars, right? You can't do it in Argentine pesos because they're barely useful within their own native economy. And so everybody there wants to hold U.S. dollars and there's this friction of how do you get the dollars in? How do you exchange them and this whole black market around this stuff? But the important change that's happened lately is the stable coins. And so the Trump administration passed the Clarity Act, I think it was called, which basically allowed

the production of stable coins both within and outside of the United States. And it's basically just a token tracked on a blockchain that is backed by U.S. dollars or U.S. Treasuries. And what that means is that these people on the ground in Venezuela, Argentina, Lebanon, whatever country's closest to currency collapse this week all have a really easy way to use U.S. dollars. They can get digital U.S. dollars with a trusted counterparty on their phone in a matter of minutes. And they can spend those in a way that's censorship resistant.

and they can bypass the imposed local currency that whatever their government says they need to be spending, they no longer have to be in that money. They can now choose the U.S. dollar. And so really it puts us in a spot where I think demand, especially retail demand globally for the U.S. dollar is going to go through the roof. I don't know why anybody who lives in one of these countries wouldn't be exclusively on the U.S. dollar at this point once they figure out how easy it is to have a wallet in your phone full of U.S. dollars.

And so I think that's going to be out competing a lot of these smaller currencies. I think we're going to see a lot of currencies in the world fail, partly because they're all ready to fail, like they've been printing these things into oblivion, and they don't have the massive economy to back them the way that the United States dollar does. So I expect a lot of demand flowing into the U.S. dollar. And my prediction would be, like within five to 10 years, we're probably going to only have six or seven currencies in the world. And only the major ones will survive. And then one by one, like I said, each of those currencies will be printed into oblivion.

Either the governments will become reasonable or they'll continue to print. And whoever is at the bottom of the totem pole, whoever is the least useful of those six or seven currencies will be in a spot where you know, they have to print even more. So one by one, I think these currencies will fall. We're going to be left with, you know, the United States dollar, maybe the yuan, maybe the euro at the end and Bitcoin. And it's just kind of an inevitability like the Alberta separation thing because it's just math.

At the end of the day, these countries are going to keep making their currencies less and less scarce. And Bitcoin will continue along its pre-planned and predictable path. and will not become less and less scarce. And, you know, at a certain point, the market reality of the situation just has to take hold. And so I think eventually we will be at a point. And it will probably be the United States dollar will be the last, be it currency in the world to fall. And, you know, we very well may in the meantime end up with more new currencies in the world being founded that are actually collateralized by gold, silver, Bitcoin.

you could collateralize your currency with oil, just about anything that is a hard asset that goes back to the idea of how the gold standard worked and backs are negotiable money with something of hard value that's redeemable. So we may have some of those in the world, but ultimately, I think where we end up 20 years from now, 30 years from now, is a scenario where just like if you go to the world's Forex markets, everything has a U.S. dollar pair, whatever the currencies of the world look like, whether they're surviving fia currencies or recalateralized gold standard currencies or whatever else countries come up with, they're going to be traded in Bitcoin.

They're going to be traded against this neutral global monetary standard that is, you know, it's in the process of emerging right now. It's in the process of getting into people's brains. It's in the process of becoming something that the sort of traditional financial elite view as a legitimate asset. And, you know, ultimately the fact that it is inflation resistant, it's neutral, it's global, I think is going to make it the most appealing currency to settle whatever other currencies remain in the world. Stable coins, just for a moment. Because I'm like, I've heard lots about this, but I'm thinking in my brain, I'm like, I don't think I've ever had anyone break this down for me. So stable coin backed by U.S. dollars.

What is a stable coin? Well, like, you know, I sit here in, you know, in Canada and I go, if people aren't paying me or paying, or likewise myself in Canadian dollars, the next one might be U.S. dollars, and then I might follow that even by silver before Bitcoin. That would be, I might be a little off, but those would be the four. think anybody's paying anyone in gold right now. I think that's, I would say silver over, over gold. And I would argue the next one comes Bitcoin. That might be the circles I'm traveling in, but those seem to be the ones. Stable coins never come up in Alberta, or at least not in my brain. Walk me through this. Yeah. So stable coins are not that important in Alberta because, you know, our currency, the Canadian dollar is pretty strong compared to a lot of them in the world.

and our banking system works really well. So it's not nearly as important here to be able to pay in stable coins, but in places in the world where the inflation is so severe that you lose, you know, a significant percentage of your purchasing power by next week. If you hold it in that local currency, people are desperate to move their, their currencies into dollars. And they'll pay a pretty big premium on these black markets right now to be able to do that. And so circling back, the way that I would look at it,

A stable coin really is just U.S. dollars. It's just a way of tracking U.S. dollar obligations. And so when you have a bank account and you have U.S. dollars in there, you don't actually own anything. What you have is an IOU from the bank saying, we owe you the following U.S. dollars, and we're willing to transfer them on your behalf. Right? And so the stable coin is not really any different than that. It's just another bank, but it's tracked on a blockchain.

and that final step of tracking it on a blockchain is what makes it so easy to put it on your phone. It's what makes it so easy to send it around the world because it's similar in architecture to Bitcoin. It's not a trustless system the way that Bitcoin is because there is, like I say, there's still a bank at the end of the chain. But if you trust that bank,

which is the same for any bank, then you can spend those dollars. And that's kind of the same way that, than any bank works, just kind of like an extra layer on top of the banking system that operates without, you know, any particular tie to any particular nation. So it's a way that, you know, someone, like I say, country like Lebanon where their currency is losing value very quickly, but they're not in a, they're not in open revolt. They're not in a civil war. It'd be very easy for them to quietly switch over to U.S. dollars and start using this new layer of stable

coins. And it's that logic that I think will drive it into adoption in the Middle East, Africa, South America, especially, where these countries have weaker currencies. I think that's where it's really going to be taken off in the short term. But like I mentioned, I expect we're going to have six or seven currencies in the world. And the Canadian dollar is not going to be one of them. We're going to be on, depending on who wins the power struggles here, we're going to be on the US dollar or the euro or the yuan, I would say. And maybe if we're lucky here in Alberta, we'll be on a new Alberta currency. There's been a little bit of talk of that. But yeah, I think that's kind of, I think that's kind of where we're going.

Well, I tell you what, you've given me and probably the listener, an awful lot to think about today, from thousands of countries to six or seven currencies and everything in between. Dave, appreciate you hopping on and doing this this morning. Yeah, thanks for having me. Always fun to rant about currency.