TFTC: A Bitcoin Podcast - #356: The UnCommunist Manifesto with Mark Moss
Episode Date: August 31, 2022Join Marty as he sits down with Mark Moss to discuss why the world is in a devolution revolution. They also discuss how trust evaporated around the world, if the USA is resembling the USSR and why we ...are living in a war of information. Follow Mark Moss on Twitter Subscribe to Mark Moss on YouTube Purchase the The UnCommunist Manifesto Shoutout to our sponsors: Unchained Capital Braiins HodlHodl Upstream Data CrowdHealth TFTC Merch is Available: Shop Now Join the TFTC Movement: Main YT Channel Clips YT Channel Website Twitter Instagram Follow Marty Bent: Twitter Newsletter Podcast
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Logan you hit the button
sup freaks
it's your boy Marty here to introduce this rip
at TFTC I sat down with Mark Moss
we had a incredible
wide ranging conversation
he just wrote a book
with Alex Fetze
The Uncommunist Manifesto
Letting Fires in the Minds of Men
highly recommend you guys check it out
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currency Bitcoin wins in the world of Fiat currencies Bitcoin is the Victor I mean that's
part of the bull case for Bitcoin if you're not paying attention you probably should be probably
should be probably should be all right we're back talking about surfing talking about surfing yeah
Drew uh he had a rough go of it um it's crazy they put him on a ventilator he was on one they put him
in a coma yeah they put him in a coma yeah yeah he was down for like a month better part of a month
think yeah yeah he got messed up pretty bad yeah it was crazy though he's like one of those people
has that crazy drive thought he was never gonna surf again then he posted uh on his newsletter
and instagram last week he got in the water and was he's like yeah i looked like a kook i had uh
yeah like a life vest on he caught like eight waves he said yeah the human drive yeah it's
freaking powerful it is human drive is powerful and he uh he embodies that like like we were
saying he's on a ventilator he's in a coma for a month couldn't walk for like a month after he
came out of it yeah this is only like six months ago yeah yeah i mean that's like i was saying
earlier like i've had six major surgeries have i've had metal in every limb of my body my wrist
is screwed back together rods in my legs i just have now my new hip um and it's just one of those
things we're just like let me let me try that again does it get harder as you get older uh
yeah yeah it does you know but like drew right where he's just like all right well
that sucked we get out of this coma i mean dust it off and like let's let's get at it again right
yeah yeah it's crazy i'm interested to see if there's any uh inspiration as art that comes out
of this i'm sure they're good yeah so he's for everyone listening he's an amazing artist yeah
he got his start right with like lost surfboards got going he's doing all the art on the lost
surfboards so that's like all from my hometown right yeah so that's like i kind of grew up in
that culture uh yeah it's this amazing surf art yeah yeah he's he's uh done boards for like mason
ho and a bunch of those pros yeah yeah now he's got a pretty cool art gallery in town yeah check
out drew brophy and his art it's my second cousin powerful one day we'll have to get you out there
you can reunite with them and get you in the waves yeah my brother's been out there and stayed at
their place he says it's awesome the waves in san clemente my brother described it's like
very very surfable they're the best now i'm totally doxxed
uh yeah now i'm totally doxxed uh i'm already freaking doxxed online but um
you know uh and whatever talking about surfing but we probably have out of 365 days a year we
probably have 360 days that you could surf that's like every day there's pretty much waves right
like maybe the 10 days a year you can't but there's always something um and uh kind of like
in hawaii on the north shore they call it like the seven mile miracle like we kind of san clemente is
whatever 15 miles long 20 miles long and we have like some of the best waves in the world just
right there waves are like a natural phenomenon right so like just right there we have all those
waves like we have like 15 marquee waves some of the best waves in the world but then all the way
down to san diego nothing you hardly have a couple yeah and then and then into baja you get into
mexico and i do dirt bike tours down there for 17 years i've covered every single mile multiple
times and you have a thousand well about 800 miles of coastline and uh there's like five waves
and a thousand miles of coastline talking about the mexican pipeline in puerto escondido you have
like uh the mexican pipeline waves will come in you know 20 foot 30 foot but just there not a mile
to the north not a mile to the south just right there yeah insane now to say i've been up in
jersey all summer i grew up going to the shore down there and surfing down there and that's the
one thing about jersey waves they're very uh they're not consistent year in year out like
last year was an incredible surfing summer this year it's been lake atlantic yeah as well i've
never been what we need to do now now that i'm a part-time austin person we'll talk about that
but uh we got it within an hour and a half we can get up to waco yeah hit that wave park yeah i've
been there three times it's pretty cool is it uh does it feel like a surfing experience it does
it's it's a little different but it's but it's close enough yeah they have a they have a beginner
intermediate and an advanced wave and uh advanced wave is pretty fun it's short you get like two
three turns but um it's a little bit different it's a little weird um it's kind of like uh
it's kind of like you drop in and like a blindfold is pulled off and all of a sudden
like there's like this wave but you get two or three way two or three turns it's fun yeah yeah
that's what uh you can go get like you can go get like 40 50 waves in like an hour that's yeah
that's like the beauty of those wave parks yeah you're not waiting yeah you know exactly where
it's going to break and you just set up yeah one of my other really good friends who's also
friends with drew um from north carolina right or south carolina south carolina south carolina
um so he's also lives in california he's but friends from with drew from back there
we do a lot of investing together a lot of private equity stuff and uh he's one of the
probably top guys in the nation maybe the world in the wave parks and so they're opening one in
myrtle beach right yeah that's where drew's from yeah so that's like the flagship one they're
opening right now uh we have one in uh in vegas that i'm invested in um so i do buy other things
besides bitcoin uh and i like to invest with my passion so we're i've been investing in these
surf these surf parks uh but though those are like below waco way right you get like like slaters
wave park right you get like head high waves 15 15 20 turns right like insane yeah that'll be
perfect in myrtle too because myrtles i grew up surfing down there when we lived in south carolina
as well.
Myrtle's like a,
I think it's a top three
or maybe a top five
destination in the U.S.
Yeah.
It's got the most
golf courses
like per square mile
in the U.S.
So we'll probably
within the next 24 months
we should probably have
maybe six to eight
wave parks open
in the U.S.
That's incredible.
They're going to be insane.
Yeah.
Really good.
Yeah.
Yeah.
I've never done
the wave park yet
but I need to get,
we need to get a Waco.
Yeah.
We'll do it for sure.
Yeah.
Once my hip recovers.
What's that?
how long is that going to take uh i mean dude like you're not gimping around for somebody just
got a hip i'm gimping a little bit they basically they take the whole joint out they cut your bone
off they put a fake ball on they put a new cup in and like a new ball joint on a car and like
you're good to go like ball joints don't need time to break in like your hip doesn't need time
to break in like he said go for it he said uh he said don't don't jump give it a couple months
before you're like really impacting it but other than that like start doing squats do yoga whatever
you want to do so kind of at my own comfort so i'm two weeks in right now and i'm getting around
pretty good so i think within the next four weeks i should be back on the water oh yeah
back on the dirt bike in a couple months how'd you slam yourself
it's that dirt bike man um just just uh it's you know i grew up i grew up racing dirt bikes i i
started an e-commerce business in 2001 so dot-com boom i was investing through that like out of high
school like my roommate quit his job we're like day trading these crazy things called internet
stocks it was very similar to what this crypto boom has kind of been about we're talking about
these crypto or internet things internet things right dot-com boom and then uh in 1999 um a buddy
and i we started this dot-com business and we were going to get filthy rich and it was uh because
everything with the dot-com back then was just getting crazy funding and um and uh it was a it
was a website where you could go and shop and you could get rewards back and you can give them to a
charity of your choice which we have thousands of those today but in 1999 there was none of them
and man we had there was no servers there's no amazon web services now that we had to actually
build a server rack in my office we had to host it ourselves right hot swappable raid five drives
all this stuff and then like right as we launched it then the dot bomb right and then so in 2001 i
had this great idea i was i grew up racing motocross and stuff i was like i'll start this
e-commerce business. I'll sell motocross products online. And there was no Shopify, none of that.
I spent like 25 grand to like build this e-commerce store. And I went to these companies. I said,
Hey, I want to sell your products on my website. And they laughed at me. They said, no one would
ever buy anything online. That was ridiculous. I was like, well, I begged to differ. And I built
this website. Like, can I just buy your products? They said, we don't even want our products sold
on the internet. That's how it was. Like, that's what I lived through. Right. So anyway, I've been
doing motocross for a long time back to that story so um i built that up um had a fortune 500 exit on
that built it up into the largest e-commerce business you know at the time which is pretty
cool so i've been riding motocross a long time and i've paid the price i used to get really crazy and
we would be out in the hills like shoveling jumps and like how big do you think that gap is i don't
know 100 feet i think we can make it what gear third gear fourth gear who's gonna go first
and like 100 foot 150 foot jumps like crazy right racing all that i've gotten much more mellow as
i've gotten older but like so anyway uh it was not a bad crash it shouldn't have been but i just came
over a hill and there was like this big rain rat i went into the rain rat i got thrown over the bars
and i jammed my femur into my hip socket so hard like this that it your your hip your your your
hip socket or the ball should be a ball so it rolls smoothly and i put a dent in the bone and
so it's no longer round right and then it dislocated and just ripped the whole socket
and so for two years I've been trying to like heal it I didn't want to do the surgery and then
finally I just had to throw in the towel how'd you get dragged out of there I got back on my
bike and rode it out oh you did yeah oh shit yeah yeah so I remember I was laying there in pain and
my buddy helped me up and as soon as I stood up I heard it go like it popped back into socket and
he heard it too and like the pain kind of went away and I got back on the bike and rode out and
I never had certain I mean I just I kind of just rode it out you know but after two years I had to
get it taken care of yeah that's crazy when you do quote-unquote extreme sports like surfing i
grew up skating a lot surfing i did some dirt biking as well but the pain tolerance that you
develop over all that is is pretty insane yeah i broke my back surfing in the water that was super
scary probably one of the closest times i've ever come to dying um surfing super heavy waves down in
mexico i have a wave runner so we go chase like super big waves down just south of the border
and uh i was getting way you know whole session like waves higher than the ceiling right but like
10 foot wide big old barrels and i the only time i got in trouble i ditched my board and i swam
under and as the wave came up it sucked me off the bottom over the falls and slammed me into the sand
and the whole wave crushed me broke broke my back ripped my board off i felt like electricity
shoot through my legs. I'm knocked the wind out of me, obviously. Right. Like I had not expected
that just total shock, gnarly pain, knock the wind out of me. I can't move my legs. And now
my board's gone. I have nothing to float on. And I barely get to the surface. And if you had the
wind knocked out of you before, like you think you're going to die anyway. Right. Well, here I
am in the water and I barely get to the surface just in time to see another one about to crash
on my head. And like, I went under that somehow came to the surface again, but now I got sucked
all the way to the outside. So now I'm way on the outside with these gnarly waves and I have no
board, nothing to float on my legs. I can't, I can't breathe. Dude, that was insane. Nobody was
out. We're in Mexico. There's nobody around. Did you ever, did you ever wave runner? I had a couple
buddies and everyone had gone in and we were on our way in. And one of my buddies was way down
the beach and he saw me like barely signaling and he came over and said, are you okay? Are you okay?
I'm like, no, I'm not like, I'm going to die. I laid on his board for a little bit. We didn't
have the wave runner in the water that day unfortunately actually that's the session that
got me to go buy the wave runner that's when i bought the wave runner so anyway i got on his
board and i laid there and and we waited until there was like a lull in the waves and he's like
all right like start paddling and my arms worked okay so i was like paddling paddling paddling
here comes another set he's like dude ditch the board you got you gotta ditch the board i'm like
hell no i ain't ditching this board he's like dude you gotta ditch the board like i ain't ditching
this board and i just freaking grabbed that thing like a bear hug and did that thing just hit me and
just rode me in so anyway yeah i've uh spent four months in puerto escondido surfing that mexican
pipeline uh i've spent multiple winters on the north shore doing that thing in the winter oh man
you can get you can get wrecked pretty hard yeah i mean my my closest to death in the water
happened in jersey and then in costa rica and jaco playa those waves getting early there
Playa Hermosa.
Playa Hermosa, the beach break.
Whew.
Yeah.
Vicious.
Yeah.
It was like both instances.
Jersey was like Hurricane Dennis, I believe, in 2009.
And we had like 20-foot waves.
And I was riding like a 9.0 longboard.
Just like meathead surfer.
I caught a wave.
I was like, ah, this is the last one.
Caught it, rode it.
I was like, I need another.
Going out, paddling out.
Get back in the lineup.
my arms were just rubber and like a monster set came in i was like trying to get over got taken
over the fall like bored was on top of me yeah got like knocked under driven under i think i was
under for like 30 40 seconds which feels like five minutes yeah yeah for sure came up was like
holy fuck yeah i've done a lot of breath work right so like when you surf in big waves you
have to be prepared for that right so like i've done like wim hof stuff and like just like deep
deep stuff and like you know in a controlled environment i can hold my breath for three
minutes like still on a bed or like in a swimming pool but dude you're down for 10 seconds under a
wave and like you think it's an eternity yeah right well that's like the it is a mental thing
too you have to train yourself like prepare to know that you're gonna go under and you're gonna
be in a washing machine and just like let your body ragdoll and try to yeah try to not get too
excited so it's so it's awesome for that and also like um you know surfing specifically um you surf
big waves and like sometimes you're trying to get out and it's like impossible and you want to give
up how many times have you just like screw it i'll just turn back to the beach and just go in but you
don't fight through so amazing life lessons right and uh to perseverance to push through it's the
hardest it's the hardest thing in the world any sport in the world right surfing is like insane
So you're fighting mother nature, right? You're fighting mother nature. But like you said, you're skateboarding. Like, you know, I grew up skateboarding, snowboarding, right? I can go snowboarding. I could ride for six hours. Easy. Uh, if I get really good, I've been surfing most of my life and, uh, on like a really good wave, maybe I ride for 20 seconds and on a really good session, I get six of those.
so it's like a minute minute and a half of ride time in one day a minute and a half versus like
six hours of ride time on a snowboard so it's like and then and then the snowboard or a skateboard
like it's the same same jump or same hit same curb every time but on a wave it's constantly
changing all the time yeah that's but there's nothing better when you're riding the line you
just got the wall water and you can and surfing is the only sport you have to compete just to do it
right so anyone can hop on a snowboard jump off the lift hit the jump or on your skateboard go
hit the pipe or the quarter pipe the curb whatever but surfing especially where i'm at in southern
california lower trestles one of the best waves in the world most competitive ways in the world
now we have Felipe Toledo, Mick Fanning, Kelly Slater, Gabriel Medina and then the San Clemente
crew Griffin Colapinto like all the world champions live there yeah it's the now now
parents are moving there just so their kids can grow up there you get 75 guys in the water like
the best surfers in the world and there's one wave coming it's the ultimate alpha yeah so i'm out
there i ain't no world champion but like i grew up so then you have like these different hierarchies
yes so like i grew up there i've been there longer my kids grew up there go to school there represent
the town right so then it's a hierarchy and then you have hierarchies on like your skill level
so if you're like you're really good or how long you've been there and so there's like this
different hierarchies but you got 60 70 guys in the water and there's one wave who's gonna get
that wave right and you gotta fight there's so then you have the hierarchy then you have the
positioning and you all that like the courtesy of like who's inside you got all that right and so
uh so anyway you have to fight to do it and who's gonna get that wave and and then you have like all
these weather things right so an interesting parallel to like bitcoin right where it's like
you have all these uh variables so like you have to make sure the swell is good um the waves coming
in this the right direction the tide has to be right the wind has to be right the crowds hopefully
have to be right and then you have to get that wave you have to beat everybody but when you get
that it's so scarce that it's the sweetest thing in the world it feels so good because it's because
of the scarcity yeah right i'll go snowboarding after a couple hours like i'm done right but
surfing it's like so rare to get that wave it's so scarce that it's that's precious yeah and then
you have everybody like fuck i wish i had that wave yeah yeah the uh yeah now in south jersey too
when the waves do come and that that hierarchy is interesting because you have the people who live
down in that area year round and then what many would consider me as somebody comes in just hangs
out in the summer so you have like the the locals and the locals yeah that and then you have that
hierarchy. It was like, uh, I've been fine. This is my beach. Yeah. Yeah. It used to be a lot
different. Like when I was a kid growing up, the elders were like, like you didn't, you didn't step
out of line. Like the elders would break your board. They'd grab you. They'd dunk you. They'd
do whatever. Right. Um, and, uh, today the problem that we have and you see it all over the world,
right? Like, uh, especially with COVID, like people now say all kinds of things that like,
they just wouldn't say when I was a kid, like you would get smacked. Yeah. And so today these
kids in the water, they have no respect and we can't really regulate properly. Like we, when I
was a kid, I got regulated. You can't do that anymore because now all the parents are there
with their cameras and their film and they're calling the police on a regular basis. And these
kids have grown up with like really no one like disciplining them. You know what I mean? And it's,
it's created, it's, it's created a lot of chaos. Yeah. The TikTok generation in the waves. I can't
imagine them. The TikTok generation in the waves. And it's just, just no respect, right? There's no
consequence, right? The fiat money system has taken all consequence out of everything, right?
So the corporations are too big to fail.
Kids in high school, they, in California, the kids, the kid, the, the teachers can't
even send the kids to the principal's office.
What?
It might make them feel bad.
No joke.
When I was a kid, the principal would actually smack you.
Oh.
Right?
I went to Catholic school.
We had buns that would smack us.
Right.
So you'd actually get spanked by the principal.
Today, they can't even send them to the principal's office because they might feel bad about themselves.
So what do you think happens, right?
Some of these kids grow up, no responsibility.
they're saying all kinds of things that used to just get smacked in the face or in the water you'd
get dunked or whatever told to go home or break your board whatever and so you would learn respect
yeah one way or another but yeah no respect anymore it's crazy that's one thing as a father
with two young sons now it's like acknowledging that reality and the culture around kids in the
internet age it's like how i mean you're two and a half now you barely know what's going on but
When you turn 13, 14, how do I make sure that you have respect?
Well, that's your job.
Yeah.
That's your job, right?
That's why the family unit is so important, right?
And kids really need the dad and the mother, right?
The mother gives them a little, you know, different than what the father gives them.
But the father's got to definitely teach that part.
Yeah.
If you're a good father.
Some words of wisdom.
So my kids are older.
A couple of things.
One, someone told me that stuck with me the whole time is that you had your chance.
now it's theirs i always think about that two if i could go back and have a do-over with my kids
which i can't so i'll tell you instead if i could go back and have a do-over i would have
disciplined way more yeah way harder yeah way harder uh way more um spoil the rods spoil the
spare the rod spoil the child right so um my kids needed more discipline and then um three
part of the discipline please is um they should have been working way sooner they got to work
immediately when, as soon as they're old enough, they got to be working around the house, pick up
their toys, clean up the room, do the dishes, go mow the yard, you know, those kinds of things.
And I wasn't good about that. That, you know, the, the fourth turning, the generational theory,
like my grandfather lived on a farm. My father grew up on a farm, but left the farm.
I'm a hard worker because my father, but I never want to do dirty work. And now my kids,
the fourth generation, like they can't even freaking clean up the table.
So those are some things I would do differently for sure.
yeah no that was one thing my dad was really good about when I was 12 I mean he had me on the beach
walking selling papers and then me too yeah but I haven't done a good job I don't feel like and
of course I'm always trying to I'm always trying to get better and better and better
and I did the same thing I had lawn mowing routes my parents made me sell stuff in front of the
house like all that but I just I wasn't good at pushing that back down yeah so if I could if I
a good do-over i would do better at that yeah that was that's the one thing my broader family
we all my extended family aunts uncles cousins we all go to the same shore town across like the 50
of us that's like the one thing it's like all right if you're going to be here in the summer
you have to work it's not like yeah good can't just like hang on pass it down man pass it down
yeah that's important like walking the beach selling papers and i worked at a hot dog stand
for eight summers after that summer um and that was like really interesting because you're literally
on the edge of the beach working 11 to 4 which are like the prime beach hours and you just have
to watch everybody go and come back and you're you're at the edge of the beach working hard and
yeah a lot of a lot of good lessons it was a good uh no i'll never forget too like part of that job
i got to take a surfing break um so i bring my board to the cart and one day i the waves were
really good and i just lost track of time and i was out in the water for like an hour and a half
when i had an hour break and i came back and i was busy and my boss was like what the fuck
it taught me a lesson i went and bought a watch that day so when i was in the water next time i
knew what time it was when i had to get out yeah it's uh but look out look at the work ethic that
you have today over that right so like now you're self-motivated you're self-driven you're doing
these things right here like you got this cool studio built out um but that's all because of
of where you came from. Yeah. And back to that generational theory. And so I knew it, man. I
knew it. I could see it. I get this stuff, man. I study it. I teach it, but living it's harder,
man. It's harder, you know? And I, and I think back to my kids and like, what could I have done
different? You know? And a lot of it was, um, because I wanted so much stuff when I was a kid
that I didn't get like to my dream was just, could we go to Disneyland? Like, I just like,
it was a lot different when i grew up um we just you know people weren't extra we didn't have this
big fiat money system and so like um it was even middle even even middle class or upper class
families you had like one pair of shoes and just like two pairs of jeans that's just how it was
back then right we didn't have all this um opulence that we have today um at the end of an empire
right you have the extravagance is one of the last sections before the empire collapses and so we're
kind of in the extravagance um but like i want i want to travel all over the world and surf so my
kids are like dad we don't want to go back to Hawaii again that's like what my kids that's what
that's how my kids are right and like they're getting custom boards and custom watches because
I want them to go surf with me like we're taking back country trips snowboarding to Canada and
they get the best gear because I want them to go with me and I want to do it so I've spoiled the
crap out of them not because I wanted to spoil them but because I wanted that I wanted I want
to do that as a family kind of thing um so I couldn't really take that back but but uh definitely
could have made him work harder and I could have disciplined him a little bit more I mean they're
good kids i hate i hate i don't want to paint them in a bad light but just you know in hindsight
what i could have tweaked a little bit yeah that's one thing me and my wife talk about like one
job our kids are definitely going to have is working in the restaurant industry
because that teaches you how to deal with customers and based well that but like more
importantly when you're on the other side um later in life when you're going and you're going
to good restaurants and right how to treat people yeah how to treat the sir like i hate when people
treat servers like shit yeah like um yeah in high school i worked at a bar down the street um
from school and leave school walk to the bar shout out mccrossin's in philadelphia
i i never did i uh i never worked i never well my dad was is a construction contractor
flooring contractor the worst and since i was nine years old i had to work with him
doing construction i hated it i was like slave labor pay me a dollar an hour
um but i never had any of those types of jobs when i was 18 years old i graduated high school
high school i started buying bank owned repos in the bank fixing them and flipping them
and i was freaking on my way what drove you to do that that young i think because my dad made me
make money since i was a kid yeah so the i the thought of like i should go get a jobs never
crossed my mind ever once it's always how can i make money yeah that's like the thought process
right so it's like how can i make money well i can go sell candy bars in front of the house when
I'm a kid. I can go mow lawns and I guess I can buy and sell real estate and whatever.
Obviously, how did I get that idea? So, um, you don't know what you don't know, right? So you
have to, um, I'm a, I'm a, I'm a, I'm a disciple of Robert Kiyosaki, a rich dad, poor dad. I read
that book. It really shifted my life. Now he's one of my good friends. We're doing a lot of work
together. Um, we're about to do a three-part educational series on where I'm going to really
dive in into this cashflow quadrant that he broke down. So we're starting to do stuff together.
But anyway, um, he talks about, um, you have a cup and like the, you can fill up the content
of the cup, but what you really need is you need a bigger cup, more context.
So anyway, you don't know what you don't know.
Luckily for me, your, your network is your net worth.
My best friend and my roommate, his grandfather owned a big bank savings and loans, and they
had like a private money lender and they had been, he had been helping this like Mexican
kid who barely spoke English in South central LA, um, buy these bank on repos and fix them a
flip. And the guy became a multimillionaire. And so my, my buddy's grandfather's like, Hey,
take my grandson and teach, teach him the ropes. So he did. So my, my roommate, my best friend was
now doing this with this Mexican kid and they were making a bunch of money. And, uh, I saw it
and I was like, okay, I'll do the same thing. They didn't help me. I didn't get the benefit
of the coaching, but just seeing it and knowing that it was available or was possible. Someone
broke the four minute mile, I knew I could break the four minute mile, right? So I saw them doing
it. So I was like, all right, I'll do the same thing. And at the time in California, we had just
come out of this, the only really real estate crash that we had had in history. They started
measuring real estate in like 1960s. So from 89 to 92, there was this massive crash. So I got
started in 1995 and the banks had so many bank repos that they had give them away zero down,
just take them zero down. I had to come up with $3,000 for closing costs. My first property was
an $80,000 duplex. I needed $3,000 for closing costs, which I didn't even have. I was 18. I
didn't have three grand. So I took on a partner. We split that. We got some credit cards. We did
most of the work ourselves. And I made 30 grand. Holy shit. On the first deal. And at that time,
that was a good amount of money. Hell yeah, that was good money. In 1995, I was just young,
out of high school. And so I just parlayed to the next one, the next one, the next one,
the next one. Within a decade, I'm sitting on over $25 million in real estate. Holy shit.
I didn't even know what I was doing, you know, hundreds of, hundreds of, uh,
fixing flips, hundreds of units, rentals, and just jumped right into the deep end,
man.
Yeah.
And like, that's the, like, it's interesting cause I came out of high school.
I did some, I mowed a lot of lawns too.
Like growing up, like I was like in our neighborhood, I was the guy walking
around with the lawnmower.
Um, and then I went to college, studied economics, worked at a fund.
and then like early 20s post-college until i turned like 27 i was just like trying to work
a job for somebody else and and at the time i didn't recognize it but like there was something
like viscerally in my body where i was like i cannot work for somebody um and it wasn't until
i started the newsletter the podcast was like oh this is what i need to do i need to work for
myself yeah it's uh i tell my wife i've always been unemployed you know and she's like come on
I haven't, I haven't multiple, I've had eight businesses now that have reached seven or eight
figures within, within a year. So I'm kind of like a growth hacker. I've had 65 people working.
At one point I was the largest, I did lead generation. So I've been like an online marketer.
I did lead generation. We were the largest solar lead generator in the United States.
I had over a hundred people working on the floor. So I've had big businesses.
I just never had a job. Right. So, I mean, you have a job, but you know what I'm saying?
I never filled out a job application and went and like worked for somebody.
Yeah. That's one thing you just mentioned that we're really trying to apply here is getting
smarter on like growth hacking. Cause we've just rung the newsletter on the podcast and just
using word of mouth for the first five years. And like in the last six months, we've decided
to like implement a growth strategy to get it out there and like actually like try to grow this,
make it like much bigger than it is right now. Yeah. So your career started working in the
finance industry and you learned a lot about economics that way i did i had to find it the
unfortunate hard way so i just started making money and uh you know rising tide rises all
boats kind of thing i guess maybe i was fortunate of uh perfect timing whatever but you know from
95 to 2005 was like right but when 2008 came i mean my when the tide went out man i was swimming
naked yeah and i got freaking smashed and i had just um you know i was building houses and uh i
was building we were doing everything in like south central compton watts and this was i'm older
than you you you may remember but this was the height of uh when nwa came out and this was when
the rodney king riots happened in la and the oj trial and like dude like the the the gangs and
everything was gnarly in south central and i was that's where i was working in the hood like no
joke and me and my buddies were just a couple white boys hanging out in the hood with the gangsters
and uh and uh we almost died uh so we were doing we did them all we'd go to the biggest gangster
in the street and be like hey buddy um i'm gonna give you since i'm in your hood i'm gonna give you
five grand when I finished this property, just because it's your neighborhood. But if anything
happens to this house, if, if they steal our copper pipes, if they steal our windows, that
comes out of the 5,000 we're going to give to you. And then they would watch over that place.
Yeah. And they were good. You know, they would, um, you know, I remember the Rodney King trial
and they said, uh, Hey, don't come to LA tomorrow. I'm like, what? He's like, don't, don't come.
Like we're going to wild out. You don't want to be here. So like it was, it was helpful. But one
time well we would buy these bank on repos and we'd have to go get the people out of the house
so we'd have to be part of the eviction and we're like white boys going into the gangsters and
saying you got to leave your house and we you know obviously super nice hey here's a couple
thousand bucks you know go get a new place here's the money like super helpful and these one people
they just wouldn't leave man and we kept going back and they wouldn't leave finally they said
don't ever come back here again we're like okay so we start leaving and they started chasing us
and we're trying to get on the freeway they're trying to like block us off so we can't even get
away. And at that point we're like, all right, we're done. This is a car. Yeah. In the car.
And we're like, all right, we're never going back to South central again. I started building stuff
down in South Orange County, multimillion dollar properties. Um, I'm like, I'm done with the hood.
So we started doing multimillion dollar properties. Um, the first one I did right on the beach,
three houses off the beach, we bought it for like 750,000 and then flipping it for like 1.5 million.
I'm like, Oh, that's way better than a hundred thousand dollar houses. Um, and we started doing
multifamily mixed use, whatever. Uh, I built a sick custom house, elevator, six car garage,
whitewater view just got married just had my first kid and uh i sold i had two different
businesses the medical equipment business i had the e-commerce business sold both of those
i was done man i was 30 years old done like on top of it i was the smartest guy in the world
and then boom just freaking smacked in the face as mike tyson would say right you have a plan to
get smacked in the face and so then i was like well shoot man what the hell happened like dude
now I got to sell my house. I got to move out. I don't know how I'm going to pay. I don't know
how I'm going to live. Like I got a kid, like, what am I even going to do? I have no income.
I got nothing. And, um, I was like, man, I'm really good. I had done really good at making
money, but what the hell is this financial casino that's going on that has control and power over
my life? And I don't know anything about it. I'm not even watching it. Like, what is that?
And so I got into it more out of necessity. So I was like, I grew up doing sports. I'm pretty competitive, right? I learned a concept that money is like energy. It doesn't disappear at transfers. So when I lost my money, someone else got it. I didn't like that.
so i i vowed to myself i vowed to my wife my family that this will never happen ever again
i'll be on the receiving end of these wealth transfers from now on and i basically spent the
last 12 13 years studying the federal reserve studying macroeconomics geopolitics to stay one
step ahead um so i got into it uh out of necessity you you got the easy way i got the hard way yeah
well yeah no because around that time i was in high school and i it was serendipitous where
i was a senior in high school fall 2008 and i took an elective economics course and the world
was going to shit and i was radicalized as a 17 year old in that classroom because yeah luckily
the teacher i had was on top of things and he had us going through the tarp bill and um like diving
into how how crazy was that tarp bill so if everybody doesn't know is the it was the troubled
asset relief program right they bailed out the banks so i was in real estate it was a real estate
crash, right? The real estate crash brought the entire global financial system down. And in order
to save the global financial system, they had to do this trouble asset relief program. The TARP
program was 700 billion. At the time, which was like unfathomable. And it was like, no, you can't
do that. No way. 700 billion. And today we're just throwing trillies around like they're nothing.
Another trilly, trilly, trilly, right? 700 billion to save the whole global system.
Yeah. And you go into the TARP bill. That's the thing that radicalized me. There was so much
shit attached to it where you have politicians just getting things that they want in their
localities snuck into the bill it's like if we're in dire economic straits why does anybody care
the type of arrow that you can shoot in kansas or something like that so they it was 700 billion
they ended up spending uh the fed ended up doing it about another 700 billion so it's about 1.5
trillion was like the total bailout package um last year um through the FOIA freedom of
information request act freedom of information act the FOIA request um they had been trying to
get the fed to release the info on really how much stimulus they had put into the market
and of course the fed fought it fought it fought it for over for over a decade and it was finally
released last year and we found out it wasn't the 700 billion or the 1.5 trillion that we knew about
it was over 20 trillion dollars what i didn't hear this yeah over 20 trillion dollars that the fed
and end up pumping into this insane.
How did they do that?
Through all their SPVs,
special purpose vehicles
and all these backdoor things.
So yeah, 20 trillion, no big deal, right?
Another 20 trillion were lost in Afghanistan
in the last decade, it's 40 trillion.
We know in 2019,
when the banking system froze up,
the reverse repo rate,
the overnight repo rate,
the Fed started injecting liquidity.
It was like 50 billion a night
and 75 billion, 100 billion.
it got up to a trillion a day so from september 2019 till july 2020 they pumped in another 11
trillion that's 20 trillion 20 trillion 11 trillion that's you know 50 trillion dollars
in a decade yeah it's a no big deal second is where you i mean you mentioned like the cycles
that were in like where like are we at a point right now where 50 years from from now historians
will look back and say, America had fallen.
The empire had fallen like in 2008
and we just don't recognize it yet.
That's exactly right.
So we don't know,
nobody can pick the top or bottom of a market.
We don't know until we look backwards on it.
And we don't know the top or bottom of a society
until we look backwards on it.
So the Roman empire,
historians say this is the date the Roman empire fell,
but when they were living through the Roman empire,
they didn't know it had fallen.
They say like 464 AD.
Yeah.
So that's kind of what you're saying.
And, and, uh, to, to the point you made, and this is something I say all the time, like
we're living through a period that history books will study.
Uh, like we study the Weimar inflation, like they're going to study this period.
It's going to be the biggest anomaly that's ever been seen in history.
And I, I think that people are going to look back and go, what the hell were they thinking?
Yeah.
Cause we're really, we're 50 years into this monetary experiment.
Really?
I mean, it started probably with the bank of England back in the late 1600s, but maybe
then accelerated with the federal reserve creation in 1913.
But really, we're 50 years into a fiat money system.
So 50 years, it's an anomaly.
Like a completely untethered, just pump money into the system as much as you can.
Yeah.
And look at the mess that we've made, right?
Yeah.
And so let's talk about what you were describing to me last night, the concept of devolution to get revolution.
Yeah.
Does that play into this at all?
Yeah, it certainly does.
So because necessity is the mother of invention or whatever, right?
So because I had that huge economic pain and I was like, okay, this is never going to happen again.
And so basically, like I said, my, my life's work now has been studying these wealth transfer
effects and how they work.
And so there's multiple times, multiple ways they happen, obviously through new technologies,
technological revolutions.
They happen, they happen through massive crashes, you know, financial crashes.
They happen with demographic changes.
So there's different things that cause them.
So I've, I've really studied this a lot.
One of the things is that we can see that we have these cycles.
So you kind of talked about that at BitBlockBoom last year, I gave a presentation.
was a short version of these three revolutionary cycles
that are converging.
So it's a 250-year political revolution cycle,
an 80-year financial revolution cycle,
and a 50-year technological revolution cycle.
So the three different cycles all on different timeframes,
but they're all happening right now,
which is pretty interesting,
which kind of tells us how we got here
and explains why the world's so frigging crazy right now.
But then where does it go, right?
So then obviously we want to use history
to know where we go in the future
so we can better be equipped and positioned for that, right?
Like history tells us if I touch, if I touch that hot stove and I burn my hand, that's history. Well, I would know if I touch something hot again, I'll probably burn myself again. That's like history. So it's important to understand that. They want to get rid of history, but it's super important. But yeah, for the de-evolution, so for the last 250 years, like a pendulum swinging, right? And so for the last 250 years, the pendulum has been swinging from a decentralized world to a centralized world. And then the pendulum will swing back to a decentralized world.
So in markets, you have like what's called like a long-term secular market. And then within that long-term secular trend, you can have cyclical smaller markets. So from 2008 till today, we've been in a long-term secular bull market. The market's always gone up, even though there's been small dips in the S&P 500, 20% dips, five of them, I think, three or four of them. Those are cyclical dips, but this is a long-term secular trend.
And, and so the long-term secular trend for the last 250 years has been globalization. It's been monetary expansion. Um, and it's been, uh, oh, population growth. Right. And so, um, as you get more people trying more things, solving more problems, you get more progress. Um, as the monetary supply expands, you get booms.
I mean, as globalization happened, we got more people in the world trying more things. We've been able to offshore. Really, we saw the rise of the technical worker. So we got, you know, through Asia, Pakistan, India, we've got, you know, more web programmers and coders and like stuff than we could ever imagine. Engineers, we could have doctors and we could ever imagine. So we got the rise of this technical worker. It became a commodity.
And so as that's happened over the last 250 years, it's been this massive evolution, if you will, right? The world has seen the greatest period of progress ever. But the problem is, is that we've kind of maxed out. I think that long-term secular trend is shifting to go the opposite direction.
And so, um, a couple of things that happened are the catalyst of that, you know, markets,
um, again, we don't know when markets peaked and we look backwards, but markets stopped
going up when there's no more buyers.
Right.
So like when Bitcoin peaked in 2017, it sucked everybody in, everybody in, it was going from
a, it went from a thousand to 20,000 and it sucked more people in or like the real estate
market in, you know, 2007, everyone's getting rich.
Everyone's buying, buy, buy, buy, buy, buy.
But eventually like there's no one left to buy and then it gets super volatile and it
kind of has like split off top.
And so that's kind of where we're at.
We've kind of maxed out this long-term cycle.
And again, history shows us this.
And I think the de-evolution piece is important.
There's a couple of things that happened,
but ultimately the real death blow is the loss of trust.
Yes.
And that just can't be understated.
That's like the number one change
or piece of catalyst, I think.
Yeah, and that's something we talk about on this show a lot
is many people think of hyperinflation
a simply mechanical printing more monetary units and debasing the currency overall but there's two
parts to it that mechanical expansion of the monetary base and then the confidence in that
unit of currency yeah i think we're beginning to see the facade of that confidence erode very
rapidly i i think it's i think it i think it's dead and so i think we saw it being eroded but i
the confidence in the unit because they're constantly manipulating and increasing it.
That's one thing, but I think it's, it's even bigger than that. And it's that when the truckers
protested in Canada, Canada just froze their bank accounts. And all of a sudden it was like
Jordan Peterson went on the news or on social media and said, Hey, everyone pull your money
out of the banks. And then you got this like bank run in Canada and they quickly reversed that
decision. But everybody just the whole world just realized, shoot, the money in the bank isn't safe,
but that was individuals but then when the russia ukraine situation escalated the russian bank
reserves the fx reserve got seized frozen and it wasn't just dollars they actually had been
de-dollarizing for over a decade right so they had their fx reserves in multiple currencies but they
all got frozen and so there's three global superpowers in the world with nuclear weapons
china russia and the u.s and if it can happen to one of the three global superpowers with nukes
what chance does a tier two or tier three nation have zero zero and so we saw i mean just just
since the biden administration's been in office they seized um the eight billion dollars in the
afghanistan central bank we'll just take that so that's not good venezuela is like well we'll just
hold gold but we obviously we still need global trade so we'll keep our gold in the london vaults
and so london just sees two billion dollars of venezuela's gold and we'll just take that
so that's like trust is gone yeah and so now because trust evaporated now everything's falling
apart let me let me let me give you like an analogy and there's more here too you go to
lebanon you go to turkey like yeah like internally it's not even external forces taking their money
they can't manage their money people in lebanon just woke up one day and their savings completely
wiped out yeah so like uh if if since you're married we're both married um a business partner
I mean, any type of relationship you have, but like, let's say you're married, right?
And you're starting to suspect your wife may be doing something or your business partner.
You're starting to scrutinize every expense your business partner puts in.
You think he's embezzling or your wife's like texting late at night, right?
And you're starting to like have these doubts.
So then you're already starting to change your behavior, right?
And you're starting to be cautious and guarding stuff.
But then at some point you find that information.
You see that your partner embezzled.
You see your wife cheated.
Trust is gone, right?
And it most likely is not coming back.
In a case of a business partner, like no way.
Some marriages can reconcile,
but I don't know if that trust ever really comes back, right?
So most likely it ends up in divorce.
And then what happens?
Let's divvy up the assets.
Let's fight over who gets what.
We're gonna go through this long divorce for a year
and fight over the kids and fight over the house
and fight over the cars.
And that's kind of where we're at, right?
So like trust got killed.
And now we've had this secular trend of globalization
based off of trust.
Global shipping lanes are open.
We trust that countries won't hijack our shipments.
We trust that they'll deliver the money,
but all that's gone.
So now we're left to fight over divvying up the world.
Divvying up the world.
It seems like such a daunting task.
It's a big task, right?
And so like that trust isn't gonna come back.
Not anytime soon.
Not anytime soon, right?
I might get married again
and I'll probably be skeptical at first.
It's probably gonna take me a while
and maybe I'll get married again.
It's probably gonna take a long time to get that trust up,
but not with my existing business partner or wife,
with a new business partner, maybe.
And maybe I'll need a new contractor.
I'll need something.
And this is a key piece.
If I was gonna get back involved in business
with another partner,
I'm gonna make sure I have some sort of new piece
of technology, some new contract, something in place
to make sure that same thing didn't happen again to me.
Yeah.
Right?
And so the only way we're gonna get this reestablished
is with something new.
Bitcoin.
The inevitability just continues
to just get stronger and stronger and stronger, right?
Yeah, I mean, it seems like the only logical solution
to this trust problem.
Right.
So the de-evolution piece is that
because we really, again, it's a 250-year timeframe.
We can go all the way back to really the Renaissance age,
but really we've had this globalization path
and we've had this monetary system.
um obviously global trade got hard with gold because it's it's uh it fails in the uh in the
portability aspect of it right so then we went into the uh a gold note right an iou a debt-based
system but there was there was trust in that system for some reason that trust has been
continually killed right so 1913 they printed way too many paper gold certificates so 1933 they just
seized the gold right so i don't know why we still had trust after 1933 um then 1971 the 1933 the u.s
government seized and defaulted to the people. 1971, they seized and defaulted to the world
governments. But yet we still kind of believed in this financial system. But now it's gone,
right? And so that was this evolution process. So as the world globalized, as we had global trade,
as the monetary system grew up, as the population grew up, we had this massive evolution. Things got
better. Things grew. We got people in space. We have, you know, zoom and all these things.
But now we're going to be going backwards because now we're going to go back to these like small
island nation states where no more global trade, probably no more global cooperation, communication.
And it's going to go the opposite direction. What time scale do you think that plays out on?
It's already happening right now. Again, right. It's like a hard to see it happening when you're
living through it. Right. But but it's, but it's happening right now. Looking at like cycle theory,
Um, like I said, there's, there's fourth turning is super popular, right?
So it's an 80 year cycle.
Um, I like to look at it as like an 84 year cycle really.
And so if you're looking at like financial charts, you'll see like triple tops or triple
bottoms, right?
And so like a double confirmation, but a triple confirmation is even more.
And so, um, three times 84 equals 252.
So it's like the big cycle is 250 years.
Um, but in that like fourth turning, um, that, that last 20 year cycle is where all the change
happens.
Vladimir Lenin said like there's decades nothing happens and days where decades happen and so
like I think all this change is happening right now it's happening very very quickly
um I think 2025 ish we kind of see things really kind of come to a head and I think by the end of
the decade we'll kind of know that we've turned the corner and made that change what is turning
the corner look like so I think we're already seeing it right so like we have three three
nuclear threats right now right russia ukraine we got iran israel we got taiwan and china now um
so the world's already breaking apart um you know what's whatever's happening with
china and taiwan we got pelosi going over there poking the dragon
right and uh what's interesting is like a couple things so like uh
pelosi's over there poking the dragon she went to south korea and they wouldn't even meet with her
Yeah. So we don't want to meet with you.
We don't want to meet with you. Why? Well, because they're starting to move their alliance to
North Korea and China. Well, not North Korea, but China and China's with North Korea. And so
they're kind of having to realign there. So they didn't want to be associated with us.
And so like we, we've had this fake fiat monetary system that's driven the world.
And now people realize, well, we can't trust that anymore. That's out of steam. That's not
going to work anymore. And so that's gone. We need to go back to real hard, tangible things,
commodities oil gas energy really right and the things that energy can build and so oil has been
the you know the petrodollar and it's been the thing that's driven us for the last 50 years
or really 100 years since we discovered in the united states but now it's things like microchips
right and so 70 percent of the microchips in the united states um come from taiwan yeah right so
who controls those things and then south south korea takes those microchips and build the thing
So it's like, where do those alliances go?
And so I think we're starting to see this shake up really bad.
So the U.S., under this new act, they dedicate, what, $46 billion to re-onshore manufacturing chips in the United States.
It's going to take several years to get that up and going.
And it's probably going to take decades before we're up to speed on where Taiwan would be.
People don't recognize the expertise needed to actually operate within those founders.
Right. Yeah. We're nowhere close to building microchips like they are. So this is happening right now. So like we're, we're building these plants right now. A lot of people don't understand, but Ukraine is a strategic for many, many reasons. So Asia, Asia is our manufacturing hub and Russia and over there is our commodities hub.
so in ukraine they make 60 of the world's neon neon gas and we need the neon gas to make the
microchips so we get the neon gas from russia ukraine and then the microchips are made in asia
and so that's like kind of done for us yeah we're we're sitting over here naked we're sitting over
here naked so now we're trying to re-onshore as fast as we can it's going to take a couple years
so that's kind of why i put these time frames together right so over the next couple years
like we're going to be cutting ourselves off from that completely and trying to re-onshore that here
and um that's going to be massive growing pains from those types of things yeah what can the
average american expect in terms of their life changing the one the one thing that i made a
video a couple weeks ago um and i said um ask because everything everyone's focused on inflation
right now cpi cpi cpi the fed's now data driven and they're focused on getting cpi down first of
while measuring consumer prices and calling that inflation is ridiculous, right? Under the Austrian
viewpoint, inflation has increased the monetary supply. Prices going up is just the result of
that or the effect of that, right? But we look at consumer prices going up. And so they're saying,
we're data-driven. If we can get inflation to come back down from 9.1, now we're at 8.5. Hey,
congratulations. If we can get down to 5.5, whatever. Prices are still going up, just slower.
But I said, asking if inflation has peaked is the wrong question. That's the wrong question.
we're nowhere near peak inflation i think we might see some of the lowest inflation points
we'll see for the decade right now because uh we've had this massive deflation by offshoring
all these jobs take a fifty thousand dollar job here send it out for eight thousand bucks to india
a hundred dollar part here get it made in china for eight bucks but now as we onshore all that
stuff back again the prices are going to go through the roof so what does the average person
to expect, expect higher prices. Now it depends on where you live as part of it. So if we're
talking to an American audience, definitely expect consumer prices to be going up. If you live over
in Europe, that's a whole nother question. Yeah. I was looking at some reports this morning and
in the UK, the electricity prices have gone up so much that they say this winter, this new report I
looked at this morning, electricity prices will be equal to the average amount of home payments.
oh my gosh
so you're basically
taking on a second home
we already saw
earlier this year
on the back end
of last winter
UK
natural gas markets
were beginning
to falter
like the utilities
couldn't even buy
the natural gas
because it was so expensive
yeah
to create electricity
to send to residents
it's bad
yeah
and then you have
and then you have
all the big
the big fertilizer
companies shutting down
because they can't afford
the energy inputs
so then you don't have
fertilizer
well then you don't have food
that's a problem
That's a pretty big problem.
That's a big problem.
And then you have Germany,
which is the economic engine of Europe, right?
So you have this European Union
that's been thrown together by a bunch of countries.
And Germany has kind of been this economic engine
that kind of propels the EU forward.
You have the pigs nations down below,
Portugal, Italy, Greece, Spain,
that are just lagging behind.
They can't do anything.
Greece just announced this week
that they're going to cover,
I think 95% of their energy increases of their citizens.
So they're just going to pay
for the difference in their energy.
Yeah.
But where do they get the money?
They have no money, right?
They're broke.
They have to constantly get bailouts
and those bailouts come from like Germany.
And so now the EU has this new plan called fragmentation
where they're going to take the money
from the good countries and give it to the bad countries.
So they'll take it from Germany,
they'll give it to Greece.
But how long is that going to work for?
Obviously the Germans aren't going to be happy about that.
Especially if their lights are off,
they can't go to work.
And they're like, hey, you're taking our money
and sending it to Greece and Italy.
Yeah.
But the problem is not just that,
the people are going to revolt.
And that's really the biggest problem
the world has right now is populism populism you know um civil unrest but now germany the
electricity prices in germany have gone up so high that their manufacturing has to shut down
they can't afford to manufacture anymore yeah but if they're the economic engine and they have to
de-industrialize how can they continue to push the eu forward and the answer is they can't the eu is
is in the process of breaking up people don't realize it yet so i would i would say that most
likely by the 2025 what people would expect i said it depends on kind of where you live but if you're
you're over in europe i would expect higher energy prices uh food shortages and uh a breakup of the
eu yeah yeah big time it's gonna be difficult it's gonna be hard and when of course when prices
continue to go higher and food becomes scarce and the eu breaks up it's going to affect your
business depending on what what business you're in right so you need to be aware of that um depending
on what kind of business you're in um and as populism continues to rise civil unrest continues
to rise and then you know you need to be aware of your own security right because that's gonna
that'll increase right we're already seeing that happen even in the united states we're seeing
um in in california especially um we have these these radical da's who have wanted to stop
prosecuting crime gascon who was in who ran san francisco into the ground is now in los angeles
he decriminalized um theft under 900 under a thousand dollars they decriminalized resisting
arrest what yeah so if it's not illegal to resist arrest or steal under a thousand dollars what's
going to happen people are going to steal and they're going to resist arrest and now we have
these uh these things these flash mobs and a couple years ago these flash mobs were kind of
gaining steam and like people would show up at a square and all of a sudden start dancing or singing
no not today now they all show up at one store and they just mob it yeah so last week 7-eleven
when it's 7-eleven in la got stealing a bunch of junk food yeah no it's hilarious watching that
because they're stealing all the junk food the cigarettes and all that yeah and they were just
like leaving the lotto tickets it's like hey you can probably but i live in southern california
and like if i was there with my family like that's a dangerous situation for me yeah right i need to
be aware of that and so now these flash mobs are also there's a lot of uh theft so now like people
are marking um their marks at restaurants and nightclubs and they're following them home they're
stealing their cars in their house robbing their houses i mean this is getting very rampant in
california right now and so like you need to be aware of that like these are things that you need
to be, be, uh, be aware of. And so depending on where you're at, it means different things for
different people. But I would say by the 2025 ish, 2024, 2026 is kind of the cycle theory kind of
heads up in that, in that range. I think we'll see the EU break up. I think, uh, everything's
going to come to a head, right? Everyone wonders like how far can they kick this can down the
road? How far can they kick this can down the road? And, uh, the law of diminishing return shows
us that, that although, you know, the Peter Schiff's and the Harry Dent's have been calling
it for a decade uh you have uh ron paul has been calling it for for decades they're all right it's
the timing part that's that's difficult but that can has been kicked down the road but the
diminishing returns is just like we're getting closer closer closer closer and i think we have
you know five years till this thing comes to a head yeah it's uh it's scary where it's like
and but like it's scary because i like two competing thoughts in my head particularly
in the context of Europe like I told you I was radicalized in 2008 and then went and studied
economics and the European credit crisis popped off in the early 2010s and really dove into
that crisis particularly and Michael Lewis actually wrote a book that is not one of his
most popular books is one of my favorites which is Boomerang which dove into like how the EU came
to be and how italy and greece specifically got into the eu and um goldman sachs helped
them cook the books and their debt to gdp ratios and it became very apparent to me at that time
that the eu didn't make any sense as an economic union and it you couldn't have germany subsidizing
the rest of southern europe it's not uh sustainable for a period of time so i've
i've had this theory since like 2010 2012 that the eu is going to break up and it's weird because
these conflicting views in your head i'm like watching it uh europe fall right now and i'm
like yes this should happen but it's like hard to watch like all the hardship that comes with
it because inherently i know european union's a bad idea it's very communistic in a way
and it shouldn't exist but like seeing it actually degrade in real time like this is heavy
yeah yeah and just like a marriage or a business partner um when times are good you're open
you trust and you trade. And so the world has been trading. And so back to these like shipping
lanes, like, you know, you got the, the oil lanes over in the middle East, you got the Taiwan
lanes over there, getting microchips in and out. And, um, at times of peace, everybody wants to
work together and cooperation over coercion, right? So cooperation, everyone's working together.
Everyone's moving freely. But when people start to realize that that's falling apart,
then they start to have like this protectionism, just like you would start guarding your stuff a
you thought your business partner was stealing from you and um it's the theory of trade expectations
is what it's called and so all of a sudden they don't want to start trading anymore and then they
start coming up with some sort of an excuse and typically that's like a war of why we can't do
that anymore and so really it's a war it's an economic war that we're at and trump kind of
kicked it off with trade wars against china yeah um you know he uh china had been making so much
money um thanks to the trade imbalances um and they you know obviously they're communist uh
they're run by a communist party um and then they wanted to expand with their 5g system all over the
world and have the spy network and trump basically shot that down and they weren't happy about that
you have uh russia had been been exporting all their energy to europe and now because of the
war now europe can't get the energy from russia anymore and so we've kind of we've in this three
card game of poker you're typically trying to make sure the two people don't gang up against
the third, but now we have Russia and China that are kind of ganging up against us. And so that's,
that's shifting, but we have these wars, right? So now everyone's protection is in wars. And one
thing you asked what people should expect in the United States. One thing that I'm super scared of
right now is in a war twice in the last hundred years. Well, first, what kind of war people talk
about like a civil war? Like I'm not really expecting like a shooting war, like a hot
kinetic war it's a war it's an economic war and it's a war of information all wars are in wars
of information right even in early wars they dropped propaganda from airplanes and things
like that but it's a war of information but just like the protestant reformation in the 1500s
the church lost their power because they lost grip of the narrative and so the printing press
enabled people to share information quickly and no matter what and the state uh the state the
church and state would kill people right you'd be labeled a heretic they'd kill you right on site
but it didn't matter they could kill people it didn't matter people would still share the
information. They lost their grip today. We have the internet, right? Um, but if it's a war of
information and they've lost the narrative because nobody watches CNN anymore. Now they watch Joe
Rogan or they listen to your podcast or whatever. We have all these alternative news sources where
they've lost the narrative. How can they win the war of information? And so, uh, good old Klaus
Schwab, World Economic Forum, he talks about something called the public private partnership.
Yep. Right. So public private partnership is the public and the government and the private
companies working together. So under a public-private partnership, we have the Twitters
working under pressure from the Biden administration to actively shut down and censor
people, right? Alex Jones was the first sacrifice, right? Just wipe them off the face of the earth.
So you kind of have this public-private partnership. And the first filter is the
private part. Let's get them off YouTube. Let's get them off Twitter. Let's get them off all that.
But then most people go away at that point. But then the Alex Jones, they don't go away.
like he's crushing it more than ever now um so that's where the public part comes in where it's
like well let's put him in prison then now hey hang on a second this is america we have we our
constitution guarantees us the freedom of speech does it really so twice in the last century not
ancient history 1941 we had the smith act 1918 we had the sedition act both of those said that
If you say anything negative about the government,
20 years in prison.
That's in the United States.
It seems very communistic.
Twice in the last century.
Now, those were done during times of war,
World War I and World War II.
So you see what happens.
So as the world starts breaking apart,
we go into these wars, this protectionism.
And then of course they grant themselves
these emergency powers.
And if it's a war of information,
they're going to continue to crack down,
try to win that war of information.
And they'll do it with a public-private partnership,
privately trying to censor you and if you still get through the filter then publicly
we'll just put you in prison you're going to jail that was interesting in that
in this trend i mean i don't know if you saw it but apparently mark zuckerberg was on
joe rogan uh this week i didn't in part of that conference so like it's weird like you mentioned
like the government trying to coerce twitter facebook all these social media companies it
seems like mark tried to make a mea culpa where he basically went on rogan and said yeah the fbi
came to us and told us to censor the hunter biden story yeah like literally the fbi going to facebook
and forcing them to censor news about the laptop leading up to the 2020 election and so i mean i
get maybe it's mark just reading the tea leaves and seeing that there is this transition and social
posturing towards the government
and he's trying to get on the right side of it.
But I found that very fascinating
that he felt compelled to share that information
with Joe Rogan and try to get it out there.
I think everybody's realizing
how quick the ship is going down
and it's going to be covering your own ass, right?
See why everyone's going to start doing that.
But all this data came out on Twitter as well, right?
Where they were pressured by the Biden administration
to censor accounts like Alex Bernson,
shut him down on request of the government.
And so, uh, that's a pretty big deal. Of course, it'll probably get swept under the rug. And what I'm really afraid of, one thing I'm really witnessing is this, uh, I started writing this article. I haven't, haven't, haven't put together yet, but it's like a banana Republic, USSA, right? Where it's like, um, if you look at the Alex Jones trial with the Sandy hook thing, and then you look at the J six thing and you look at the Mar-a-Lago thing and you look at all this, but you just zoom out and just start trying to connect dots there.
the tornado cash thing. What it really is, is it's a war on speech. And so they're attacking
it from every angle. So Alex Jones, and not to get into that whole situation, I don't even know
the details, but what they're trying to say is he said mean things and he caused damages. And so
that should be illegal. Tornado cash is a public good, a public utility that's already protected
under freedom of speech. And now that's under attack there. January 6th, supposedly Donald
trump said these things and so each one of these things is really a communication speech issue
and they're trying to box it in every direction they can and make laws against that yeah we can't
let them we can't let them but um like that's the thing like so you talk about like confidence and
people losing you look at the polls like confidence in the federal government all-time lows media all
time lows all the banking corporations all-time lows like that's the thing do we have a unique
opportunity here due to the information age and our ability to get this information out there even
if they're censoring it's like whack-a-mole you can pop up somewhere else and get your message out
you can but not if uh not if they pass a smith act or a sedition act you know 2.0 and that's
the problem so i told my wife the other day i know this might be a little little over the top for
some of the listeners but i said i think there's an above 50 chance a high probability chance that
In the next 24 months, I won't be able to do what I'm doing in the United States.
Meaning speaking out against, you know, pointing out the holes in the Fed and the government policy and basically making fun of them or whatever, right?
I probably won't be able to do that in the United States in the next 24 months.
That's what I think.
There's a good probability.
So I could either do it anonymously.
I have to join the laser hodls of the world and go anon.
Or I need to do it from another country.
Or I need to just not say anything bad about the government.
Those are my options.
And so don't ever stop saying bad things about the government.
Don't let them silence you freaks.
Yeah.
I mean, I don't want to be silenced.
So those are my options.
So I guess I can do it from another part of the world or I could do it anonymously.
But, you know, I don't want to be silenced either.
I mean, I think one of the quotes that motivates me, it's like my driving quote is Samuel Adams.
And he said that it doesn't take a majority to prevail, but rather a small irate minority keen on setting brush fires in the minds of men.
And so we have to, we have to keep spreading brush fires.
My grandfather was a decorated Purple Heart recipient in World War II.
And my father flew jets in Vietnam, pretty dangerous.
When I was born, he was still in the Air Force.
And I just thought I would go to war one day growing up in that lineage, you know.
And I guess here we are.
Yeah.
It's a very different type of war.
It's a very different type of war.
And I'm, and I'm certainly glad I'm not storming the beaches of Normandy or, uh, flying jets
over, uh, uh, over the Viet Cong.
Um, it's a much safer war for sure, but I, I, I kind of look at it, look at it as that
important.
Yeah.
And, and again, not to put myself as the guys that were storming the beach of Normandy,
those guys were frigging men, boys that were men.
I mean, it's a whole nother level.
I couldn't even imagine that.
But today people are afraid to even speak up.
That's the thing.
Like self-censorship.
Yeah.
afraid that the woke mob
is going to come after them
but
I guess that's why
we do this show
that's why you do your show
yeah
like we need to
light these brush fires
in the minds
yeah
it does seem
I mean
it's probably
confirmation bias
we're in our
little content bubbles
of people who listen
to our shows
but it does seem like
there's more and more people
who are beginning to wake up
there are
there's both
it's actually a bifurcation
right
so like
I'm constantly amazed
by how stupid
and sheep the people are,
but I'm also constantly encouraged
by how many people are waking up.
And so we're really seeing this bifurcation.
But, you know, we talked about fun stuff surfing.
We talked a lot of doom and gloom
about the world going downhill,
but let's talk about this a little bit of hope.
Yeah.
Because I'm actually not a doom and gloomer.
I believe there's massive hope and prosperity.
So I believe in, as I see you tweet all the time,
I try and tweet is like, we will win.
Yeah.
We will win.
And so I have massive hope for my kids and my grandkids.
um and so let's let's talk about that for a minute and uh i believe we'll win for two reasons one
we know their system doesn't work there's we know that they know that we know that it doesn't work
yeah like the princess bride uh we know that they know uh but uh we have laws natural laws
like the law of gravity with enough money and technology you can suspend the law of gravity
temporarily but like you always have to be holding to that law we also have another law it's called
the law of sowing and reaping. Like you can't consume something you haven't produced. And so
that's kind of where we're at with enough money and technology fiat. We've been able to consume
without producing, but that's coming to a head like that will fail. Nietzsche says that which
is falling. Yeah. Um, shall ye also push? So the nation state's already falling. So how do we push
it? So that's one quote. And then another, so I'll throw out three quotes, the Sam Adams quote,
that quote. And then Socrates, Bucky, Buckminster Fuller, Folster repeated it, but Socrates said,
focus all your energy, not on fighting the old, but on building the new. So I think that's how
we win. And that's where I'd like to just kind of talk about for a second, because that's what
you're doing and what I'm doing. And it's like, look, I can't change the education system. Why
would I even try, but I can pull my kids out of school and I can homeschool them, which I have,
my kids are homeschooled. I can't change the media, mainstream media, but I can start my own
alternative media as you have as well. I can't change the financial system, but I can just pull
my money out and I can go over here. And that, that's how we win, right? If you, if you study
how like the USSR fell in really the seventies and ultimately into the eighties, some of the,
some of the great writers like Vaclav Havel, for example, they talk about this extensively
and really it it fell in my opinion and the research i've done because the people because
communism got so restrictive and it got so harsh people were forced to go build parallel structures
or parallel societies black markets and when they did that when enough people opted out
then the state lost its power to control those people so like we're here in your studio and
you're like hey mark you're you're being way too loud get out of the studio and then you're over
there to your editor hey like yeah you're doing a bad job you get out well now we're gone you have
no control over us we've started our own party out there yeah right so you have no control over what
we do anymore because we left and so like the more of us that leave this system to go build our own
system it does two things one it takes the power away from the state and then ultimately and this
is the hope ultimately when it inevitably collapses it cushions the blow and this is what happened in
russia so many people had left the system that they lost their power and when the ussr initially
eventually fell it really cushioned the blow because all these parallel structures were built
up yeah and so they kind of went on without skipping a beat yeah that's um there's many
examples that i say that in soviet russia there's a book out there um called the benedict option
that goes into the history of um benedict around roman times when rome was crumbling like the
benedictine monks just went out to the countryside outside of rome and built their own parallel
structures and they had a thriving sort of community and economy that was completely
separate from the roman economy and they they they didn't even have a blow because they went
saw what was happening with the extravagance and the decadence and the the degeneracy in rome they
decided to to front run it and go build their own parallel society and that's exactly what you just
described in ussr that's happening that's what's happening with bitcoin and this alternative media
and that's what drives me it's like all right recognizing similarly like we're not going to
save the fiat monetary system we're not going to save the schooling system we're not going to save
health care um so don't even don't even focus on don't waste any energy on fighting that
no just that's like for bitcoin particularly with the vc fund with what we're building to
enable content creators to monetize directly via bitcoin and what we're doing on the education
side here is just an effort to as quickly as possible build out the protocol and the stacks
on top of it layers on top of it and then educate people about like hey this is here you can opt out
at any any point that you want bitcoin is what enables all of that because without the freedom
of payments there's no freedom at all and so obviously in the ussr they didn't have bitcoin
but they had cash that they could use right and today we're in a digital world so we need a digital
option digital cash right so we need bitcoin and so bitcoin kind of enables all of that and you
know yesterday here at the commons we were signing our books by the way shout out to my book the
Uncommonist Manifesto. We were doing a little book signing on that and people, I get asked all
the time, as I'm sure you do as well, like, you know, how can I get more involved? I want to get
involved in Bitcoin. And I'm just like, go build a parallel structure. Are you a doctor? Are you a
teacher? Are you in food? Like go build a system outside of their system and use Bitcoin as the
base of that, right? Because we don't need money. We don't need Bitcoin. What we need is, well,
we need Bitcoin, but we don't need money. What we don't want money. What we want is the things
money buys us. So access to medical care, access to food, right? That's what we want. Money is just
that medium of exchange. And so, um, take your skills, whatever that is as an individual and
go build those parallel structures using Bitcoin as that base. That's, that's important. Yeah.
And it's, it's possible today. It's possible today. We have here, here in Texas specifically,
you're really seeing it right with the beef initiative. For example, I'm out where I kind
i got my ranch we got you know the the tuckers and uh tuckers really how l rod and and uh
dell big tree like they've started their own school systems out there so we got school systems
and you got you know all that um that's one thing we do crowd health and then um yeah so medical
oh medical i mean all that and then tucker's wife she's got her own sort of private practice that
we we've uh used as a pediatricians for our sons and it's fucking incredible experience it's it's
a better experience yeah it's way better i think it's uh that's well that's the thing though it's
it's better sometimes it's harder particularly like bitcoin like building a business and
accepting bitcoin as payments and monetizing via bitcoin due to the nation stage that the
protocol is in and the tools around it are still a bit rough around the edges it's harder but it's
worth it yeah it takes time it's not easy to opt out it's not easy that's why everybody needs to
start building and helping that right the ui the user interfaces will get better things will get
easier and so that's what we need i think people to go build that uh another example we we mentioned
briefly earlier like act 6102 in 1933 right so um the government tricked you to get near gold in
the bank so you can get these debt instruments so you can add velocity onto the money right
um and in 1933 because they had printed way too many of the dead instruments they seized all the
gold and so you have all your money in the bank and the bank and the government said hey don't
don't, don't worry. Don't worry about it. It's 20 bucks, $20 per ounce of gold. So we're going
to give you the $20 of a per ounce that you have, but then they automatically turned around and
revalued at 35 bucks. So not only did they take your gold, give these fake paper certificates,
then they devalued at the same time. Now, if you didn't have gold in the bank, if you had a ranch
with a hundred thousand head of cattle or a logging business or whatever you had at the time,
you weren't affected by that, right? You weren't in that system. So that didn't even bother you.
and that's what we're talking about yeah get out of the system so that whatever they do which
they're going to do a lot of crazy things it doesn't even affect you yeah and that's i mean
that's i mean the beef initiative specifically something i've been going of course of course
i'm raising my own cows now yeah people are filling their freezers with cows i'm like i'll
just buy a couple i got five cows now and you got a good model for it too you don't even you're
gonna just keep flipping cows yeah yeah and i showed you how you can get your own ranch get
get it paid for with no money out of your pocket so yeah i'm gonna keep riding you on that i know
i gotta get there's so much to do there's so much to do you got to prioritize right they say being
busy is a lack of priorities yeah so you just got to prioritize right that's what humans do where
we we discriminate all the time who would have thought discriminate over our our objectives and
our goals we need hierarchies yeah right all the things they try to get rid of and so we have to
discriminate we have to choose you know what's the most important thing and and prioritize and um you
know, for me, I think, um, my viewpoint maybe is extreme for a lot of listeners, but they're
your listeners. So probably not too extreme for them. They've been exposed to a lot of this stuff.
Right. But like, I think there's a, there's a good probability that, um, you know, like I said,
in the next two years, like we could see this really getting worse. And, um, the way that I've
always practiced my risk management as an investor is I think about like, what's the worst that can
happen. If I put this amount of money into Bitcoin, what's the worst that can happen and go
to zero. Am I okay with that? If that happens, if I lost that money, am I okay with it? Yeah,
I am. Right. Okay. Then I'll do it. So, um, even though like maybe the threat to my family isn't
that strong, there's a probability that I might need my own food and I might need a place that
we can kind of live and have a good community around us. Um, it's not, it's not guaranteed
by any means. Um, but if I don't have that, what's the worst that can happen? Well, my family's
screwed i as a father it's my role to protect my family and if i'm not prepared for that that's a
bad outcome i'm not okay with that and so i had to take action right and so that's where it ranked
in my priority list yeah yeah that's first move was getting down to texas yeah it's always going
on in the northeast was like all right let's get to a yeah a state that respects uh civil liberties
but through the beef initiative you've been able to secure your own food yeah so like you know
you're doing not not everybody needs to move to a ranch on a mountaintop or whatever right there's
other ways to do it even if you live in a city you can still go secure your own food you can
still go to the farmer's market almost every city has one you can still meet the local farmers you
can still build that relationship either way go shake your ranchers hand freaks yeah but i do want
to talk about the uncommunist manifesto because i think what you and alex have written is extremely
important because it just highlights the like people think we live in a capitalist society
democratic republic we don't yeah not even close no and we really need to get the message out there
because it's just a mirage yeah people say it's like and then people try to blame capitalism
like oh capitalism got us here it's like we don't live in a capitalist society and i think
not even close the one thing that all this chaos is proving is that as humans as individuals we
really need to understand the nature of complex systems and governance systems are complex systems
and you can have a communist system or a free market system and there's trade-offs with both
and i think we would both agree that the trade-offs that come with communism have led us to this
precarious situation definitely and yesterday we were talking about it here and i said uh you know
communism seems like this old word and like it's not really around anymore um you could substitute
communism for collectivism, right? So central planners, if you will. Right. So that's another
word, but back to the point that you made as far as people think that this capitalist system in
America failed us and it's allowed these corporations to get this point, or it's allowed
people to fall behind or whatever your blame is on capitalism. But to your point, we don't live
in a capitalist society and it's not just this like debatable thing. No, it's actually, it's
actually quantifiable. So in the original communist manifesto, this is the uncommunist, but in the
original communist manifesto, Karl Marx lays out 10 points of communism. And if you go through the
10 points, the United States has seven of them. So like a progressive tax system, like a central
bank, like, so seven of the 10 planks of communism are in the U S so it's quantifiable. We're 70%
communist, right? Like, um, three of the 10 had to do with taking over. Well, obviously communism
central planning is taking over the means of production obviously when he wrote the book it
was just coming out of the agriculture age agrarian age into the um into the industrial
revolution but three of the ten have to do with taking over agriculture and what are they doing
today so in sri lanka they took attacked the food right they couldn't use the fertilizer their crop
yield went down by 50 they couldn't export their main export which was tea and when they had no
more exports. They had no more money coming in and the whole thing collapsed. In Holland right now,
what are they doing? Attacking the food. In Canada, same thing, attacking the food. And even here in
the US, in Pennsylvania, did you see that last week? Like they went to Amish farm and shut them
down. Amos Miller. Amos Miller, yeah. And so three of the 10 planks of communism are taking over the
food. And that's what we're doing. In the original Communist Manifesto, Karl Marx said,
To summarize communism in one statement would be the abolition of private property.
What does the World Economic Forum say?
You'll own nothing.
And you'll be happy.
It's the same thing.
And so what we're seeing is just a public-private partnership taking over means of production.
So it's the same thing.
Yeah. And it seems like the, I mean, communism obviously has been tried many times throughout
history, but it seems like this flavor of communism is driven by people who've wisened
up and aren't overt about the fact that they're ushering in communism. It's like a slow drip of.
Yeah. So one thing that's interesting, I have another thing I was trying to start writing about
that. I used to write and then I started making all the videos and now my writing skills have
gotten a little bit weaker, but I want to start writing again. But we did this diagram in the
book right here. It's kind of hard to see. But basically what we said is that people want to
argue that socialism is left and fascism is right, or Republicans are right and Democrats are left,
or whatever. But we said, look, all of that is politics. All of that is collectivism.
We are on the opposite side of this as individualism. We're not left or right. We're
just out altogether. And what we said is that we really try to defend capitalism and capitalism is
a natural emergent process that all human beings do since the beginning of time. And we're cavemen
and you had a fire and I killed an animal and I said, Hey, Marty, I'll cook my animal on your
fire and let's just split it. That's capitalism. And capitalism is trying to become more efficient
with the limited goods that we have. Preschoolers do capitalism, right? They're trading their chips
and sandwiches or whatever it is. In prison, they have capitalism, right? They're trading cigarettes
and drugs, whatever, even in a communist society, back to the perilous societies,
they have capitalism. Those are black markets. And so what happens is politics is a modality
that tries to coerce and extract from capitalism. Capitalism is not a political modality.
Capitalism is just being more efficient. It's human action. It's human action. That's what
capitalism is. So it's not a political thing. It's not left or right. It's not right wing or
whatever. It's just, that's just what naturally we do. And of course, who doesn't think we should
be more efficient with the scarce resources that we have we should all be trying to do that so back
to kind of what you said these different versions of it politics is a is like a parasite that
attaches to capitalism and tries to extract from the host now parasite extracts like leeches it
extracts from the host and it tries to do it without killing the host right and so if it kills
the host it went too far and it dies and so i think the first versions killed the host so when
we saw Marxism take over in the Bolshevik revolution in the early 1900s in Russia,
it killed the host. When they tried to do it in Germany, it killed the host. They went to
Mao's great leap forward in the forties and fifties, and it almost killed the host.
And then in the eighties, they decided to bring just a little bit of capitalism back. They opened
up the free ports, the free trade, and it allowed them to flourish. And so it's almost like this
parasite has been trying to reinvent itself to find the right balance of how much can we extract
without killing the host.
Yeah.
Now it seems like that Chinese model
is being exported to the rest of the world too.
Yeah, now it's being exported to the rest of the world, yeah.
Because it has, well, that's the other thing too.
I don't know if I was talking about this with you last night
or I think it might've been Kelly Lannan,
but like reading what's actually going on in China is so hard.
Yeah.
Like you see the videos of their ghost towns being imploded.
You see the videos of bank runs.
You saw the videos right when COVID started,
are people falling in the streets it's like what can you believe like are they because some people
make the argument kyle basswood a bunch of other macro thinkers would say that the chinese economy
is in a very precarious situation very precarious yeah so the chinese economy is screwed back to
kind of what we talked about earlier um their their their debt bubble is so big they can't
keep printing money to their demographics they're screwed so they had this 40-year policy of one
child policy. So for 40 years, they had one child, most of them all men. They estimate as many as
maybe half a million girls were drowned at the bedside. Like, oh, we don't want a girl. Drown
it. That's insane. But now you have, you know, you have millions of boys that are 30, 40 years
old with no women. Yeah. That's a pent up angry. That's a bad generation. But the problem is,
is that now they have all these old people, they don't have any young people. And so that's the
way demographics work. It's like, it's a Ponzi, right? So as people get older, they need the
younger generation to kind of keep paying for that. And so now they have all these old people
without the young people and there's no, there's no fix for that. There's no fix. They need 30
year olds today. They can pay everyone in China a million bucks to have a baby, but they need 30
year olds and, and there's just no way to get them. And so just looking at the sheer numbers,
this is just math within the next 25 years, half of the Chinese population will be gone.
It's going to go under a belly. Yeah. Just timed out. And that's just math. There's nothing they
can do about it. Now they can, again, they can go on this rampant path of having babies today.
but that's not going to help him in the next 30 years.
And the same is for France, Germany, most of Europe, Russia.
The U.S. is a little bit better off.
We had this echo boom generation, the millennials.
So the baby boomer is the largest segment of the population.
The baby boomer is about the same size, this echo boom.
So we have like this 30 year,
we kind of have about 30 years where we're kind of okay,
and then we'll probably be in the same situation.
Peter Zion says that he predicted that Russia
would invade Ukraine 14 years ago by this year.
And the reason why he said they would do it by this year is because their demographics were falling so fast that he said, if they don't go by now, they won't have the people in the population to do it.
They just won't have enough.
And so they had to go by this date or never.
And kind of almost the same with China.
That's why they're very dangerous.
The bear poking the bear and poking the dragon.
Yeah.
I mean, that's like one of the interesting things that Elon has said recently.
Everybody's worried about overpopulation, overpopulation, but he's worried about depopulation.
Depopulation is the problem.
And that's why this whole Mathusian thing is so stupid
is because Thomas Matheson,
he projected this off of this exponential growth,
but just going on forever.
I'm like, this is not how things work, right?
And so as people come out of poverty,
you have less kids, which is exactly what happened.
So as China brought people from the rice paddies
into the cities, they just had less kids
more than the one child policy.
And most of the developed world,
now people wanna have one or two kids.
And I'm guilty, I had two kids.
I kind of wish I would have had four now.
So, and that's another thing I'd tell you.
As my kids got older, looking backwards,
I thought two would be perfect.
I kind of thought, well, we should have had three or four.
We're, yeah, we're definitely having three.
I was shocked.
My second's two and a half months old.
My wife's already talking about the third.
Yeah.
I kind of wish we would have had more kids
now looking backwards on it.
But anyway, yeah, so those are big problems.
And Thomas Matheson was wrong.
And we know that today,
but yet we're still running on those theories.
And so as Elon says, he's right.
That depopulation is the problem.
And not a conspiracy like Bill Gates
is trying to kill everybody.
No, it's just math.
Pure demographics and people not having as many babies.
Harry Dent wrote an amazing book
called The Demographic Cliff.
So anybody that's interested,
check out that book, Demographic Cliff.
Every chart, every graph,
like he's really laid it down good.
Yeah.
And it's,
it's like,
I feel,
and it's weird how like the fiat system
affects this too where like i think kids of my generation we're not kids anymore we're in our
30s i'll still call you a kid i have a lot of i have a lot of friends and extended family members
who decided like they would like to have kids but they feel like they can't right it's too expensive
yeah it's too expensive they don't they just don't feel like they can take on the burden
and that's well and and now now they're telling people right it's bad for the environment don't
have kids. Human impact on the earth is bad. Um, they're praising people for having abortions.
Let's kill as many kids as we can. Right. And, um, and, and that's how, and back to the book,
I mean, that's all Marxism. So, uh, back, back into the book and bringing it, the book, the old
book into relevance. Um, it was an attack on the family. So Karl Marx basically said that, uh, one,
there's two arbitrary classes, poor and rich. And if you're rich, you're an oppressor. And if you're
poor, you're oppressed. And he said that the poor have nothing of value. All they have is their
labor. So that's all obviously wrong. And he paints them as victims. And today we have cultural
Marxism or neo-Marxism where now it's not just two arbitrary groups. Now it's black and white
and male and female and gay and straight. And just, you name it, everybody's against everybody
and everybody's a victim. And so now it's like this victim Olympics where everyone's trying to
get to the lowest common denominator. And if I'm a victim, then I need a savior. So there's no way I
get ahead unless the state helps me. But then he attacks the family. So he wants to break down the
family. He says that the, he says the bourgeoisie, the poor, they look at their family as purely as
economical and women's are really just the means of production and women should just be shared
collectively. That's what he says. I'm like, have feminists read this? I can't imagine they'd be
okay with that. Kids are purely economical, he says. And so he really talks down the family,
wants to break apart the family. And the reason why they want to break apart the family is because
they don't want there to be any support systems. They don't want you to have any property. They
don't want you to have any support systems of the family or the church because if you have no support
systems and no money then you're solely dependent on one thing and so back to kind of this uh you
know attack on the family don't have kids it's bad for the environment you know corporations are
paying people four thousand bucks to have an abortion today they don't pay you to have a baby
but they'll pay you four thousand to kill one um that's all marxism yeah they're trying to destroy
the family and it's even like you see it in the schools now too like with the the big trend of
like everybody every kid transitioning and now you openly have teachers and guidance counselors going
like we will protect you from your parents you can tell me anything yeah and we will not tell
your parents we'll help you get a medical procedure without telling your parents it's just crazy and
that and that's escalated what it used to do is they were putting flyers all over these kids and
uh, kids schools and showing them like all these different orientations that could be whatever.
And then what they wanted and what they've done is in the parent, the kids go home to their dad
or the parents at the dinner table, hopefully if they're still doing that and they say, Hey,
I think I'm a sis, this, that, whatever. And the dad's like, hang on a second. No, you're not. And
then the kid goes, you don't understand me. And then communication cut. Yeah. You don't understand
me. And, and, uh, yeah, it's become a big problem, but that's just Marxism brought on and it's
important to understand it for what it is. So then you can understand the relevance of what we're
seeing today. And only when you understand the problem, can you then start to come up with a
solution for it? Right. But it's, but it's a big problem. Another thing that it's done is it's,
like I said, it's painted everybody as victims. And it's really, I think Alex and I really spent
a lot of time thinking about like, why is it so infectious? Like, why do so many people want it
when it seems so bad? And really, you know, we have our human nature, I would even call it like
our human sinful nature. And so it appeals to greed and envy and slothfulness, right? So it
gives us justification for being, uh, lazy. It gives us justification for, uh, stealing from
other people, right? Being envious of what they have. And it gives us a plan to take it from them
greed. Right. And so it really appeals to that. And you can see if you, if you play that out back
to, you know, I'm sure, you know, we talk a lot about incentives and you can see how that starts
to play out. So instead of cooperation, we have coercion, which is never good. It's a multiplicative
up if we're cooperating, or it's also down if we're stealing from each other. And then we have
all these people trying to race to the bottom, become bigger and bigger victims. And then you
have all this greed and envy and slothfulness. And so society just circles the drain on the way down.
And so this is a book of hope. And so we're trying to encourage people to be better versions of
look you're not a victim you don't have you have things to offer at a time when he wrote this they
have nothing to offer but their labor um but today like intellectual capital now you can make money
just talking yeah or writing or whatever and so we everyone has everyone has something to offer
and we encourage everyone to be better versions of themselves instead of falling to the common
denominator lowest common denominator yeah and it's also like highlighting it may come off as
like like doomer but like it's actually very optimistic and hopeful is like these systems
like we talked about the parasite and the evolution of the communist system but
inevitably they do collapse upon themselves because they just completely ignore human
nature part of human nature is like the nuclear family like you're never gonna get rid of that
it's hard well without a male and a female you don't have any people like civilization ceases
to end yeah it's kind of funny now that i have this little ranch out here and you know we have
these goats and these cows. And, um, uh, we have like the, a bunch of female goats and then we
have like a one Billy goat and, uh, man, that frigging Billy goats horny dude. It's like
sniffing those frigging goats. It's trying to get after those goats so hard. And I was just thinking
like, you don't have to tell these goats, which ones are male and female. You don't have to tell
them what to do. Like they know, like procreating, like extending their life is like, that's just
part of what humans do it but but but today our society is trying to teach that out of us
yeah like can that can is that even possible like it can it's obviously gotten to an extreme and
there is a very visible disconnection in pop culture i don't think it's possible in the long
run in the short term so like i said with enough money technology they can distort things but what
we're seeing even you know we're seeing all these horror stories of all these kids that transitioned
young and now they're trying to come back out of it. Right. So I think, uh, they, kids are so young
and impressionable and you have little kids and my kids are older now, but now that my kids are
older, man, whenever I see like these little kids, I just, oh man, they just seem so innocent
and they're just so, so impressionable. And like, we need to protect them, right? Like we need to
protect them. And we're like totally exploiting them. And it like breaks my heart. And like,
you know, like kids want to be an astronaut or they want to be a unicorn. And it's like,
well, okay. Like you can be a unicorn and I'll dress you up as a unicorn, but like, you're not.
yeah and it's like that's our job as parents right like oh it's insane my son will not be a
fairy i cannot yeah i grew up with three sisters and my parents tell me when i was a kid my sisters
would put me in a dress and like i'd play with them but like so what right didn't mean i wanted
to be a girl yeah today you know your teacher finds out that and they're like oh how can we
help you uh take puberty blockers man i see like some of these uh videos like lives of tiktok or
whatever and they show like these coming out uh um whatever they are not coming out parties but um
when parents announce the sex of their child or whatever and you'll see these people with like a
two or three year old kid next to them and like papa like a a thing a balloon or whatever and
like oh they decided to change the sex and the little kids like clapping the kids like two well
they're clapping because the freaking balloon went off yeah but like gosh man like oh but that's but
that's Marxism. And, and, uh, part of it also is, um, and this is, this is a big piece too,
is like, um, getting rid of truth. Oh yes. Right. Getting rid of truth. And so like what,
like what happens when you tell kids or people that there's no such thing as truth and, uh,
everything, you know, two, two, two plus two is five and they can do anything they want.
They can be anything they want. There's no such thing as sexist and people grow up without that
foundation and they lose their frigging minds. Yeah. Society at large was, I mean, and this is
like again you want to talk about like marxist like tendencies throughout history i mean it's
exactly like if you go into like the history of the weimar republic outside of the hyper
inflationary crisis as you dive into the the degeneracy of their society the parallels are
stunning yeah they became obsessed with gender they became obsessed with sex and promiscuity
you know what's interesting a little known tidbit that most people don't know
if you want to look at the russia ukraine situation and um just as a disclaimer not
trying to be a fan boy of Vladimir Lenin or Putin and say what he's doing is correct. I mean,
I don't think any nation should try to take another nation over, but I think what we're
really witnessing is a war of globalism. And so there's, there's two interesting parallels. One,
Trump went to Davos in 2017 and gave a speech and he said, the U S is sovereign. Like we're never,
he pulled us out of the Paris accord. The U S is sovereign. We're never going to lay down
our sovereignty. We'll work together, but like, we're going to be a sovereign nation. My job is
to do the best for the American people, make America great again. And he became the number
one target of globalists around the world. They had to get him out at no cost. Well, Putin went
to Davos and gave a speech in October of 2021. And in that speech, he said, he said, oh, all you
Western nations that you think you're so progressive. He says, you think that progress
is blurring the lines between sexes. You think that progress is breaking down the family. He
said, that's not progress. He said, it's the same dogmas as taught by Marx and Ingalls. That's what
He said, it's the same dogmas as taught by Marx and Engels
that led to the Bolshevik revolution.
He said, we want nothing to do with that.
That was October of 2021,
right before he became enemy number one of the entire world.
Yeah, four months later, everything popped off.
But it's like, I've had this guy, London Paul on
a couple of times now to describe,
he's been a very contrarian in regards to what's going on between russia and ukraine contrarian
compared to the mainstream media but like having conversations with him and he just explained
the history of like the main agreement and the encroachment of the un um nato nations like around
russia's border and just like just methodically and logically walked through the thought process
that russia probably had going into this and it was like yeah the nato nations were breaking the
minks agreement and they brushed up on his border and he just felt like a an animal backed in the
corner and had to do something about it and even trying to see that perspective and putting it out
there labels you like a putin apologist yeah it's just like we've got again getting back to your
point of like when you try to blur truth it's like if especially here in america where we value
free speech liberty and hopefully logic at the end of the day we should be able to be
mature adults to try to have a very analytical and uh objective observation of what's going on
there and like you can't even bring up the truth of like hey nato did sort of brush up on his border
and break those agreements it's like no no no that doesn't matter well if you notice um there's
no such thing as logical arguments or agreements anymore now everything's emotional so they've
turned everything to be emotional now so whether you're talking about vaccines or whether you're
talking about kids or whether you're talking about ukraine it's all emotional and you can't you can't
win an emotional conversation you can only win a logical one you can't really win it but you could
have that discussion right and so to your point um that's one of the things that they've been
successful in doing is turning everything into emotional like and i get it i mean whatever like
i feel bad for the russians and ukrainians i don't want anyone dying like that sucks and i i would
imagine any war like um the people don't hate each other it's the freaking leaders that are causing
all the problems so i feel bad for the people that get caught in the middle of that you know
no matter what nation they're in because i would imagine the russians don't hate ukrainians and
back and forth some some do i would imagine right but part of that too um and again i mean i'm not
an apologist and nor am i really an expert in it's something i've studied a lot in the last
six months but you know they not only had they amassed their troops on the border
but along that donbass border um they had the nazis the nazis right and so nazis you think
of germany but nazis are just national socialists right and so they're nationalists that hate other
cultures and so you had these ukraine is russians those russians are still living in ukraine and so
um the nazis were attacking the russians that were living there they were shelling them right
they're blowing them up and um you know remember biden kept saying oh by next wednesday they're
going to attack okay next tuesday they're going to attack like how did biden know they would attack
on wednesday like were they announcing it well i think the reason why is because they were
shelling the donbass they're shelling the russians there and it was okay if we if we do this bombing
for sure they're going to attack oh that didn't do it okay well let's do this bombing and then
for sure they're going to attack um doesn't make it right or wrong it's just interesting to to kind
of look at it and analyze it yeah i mean considering the the history of the u.s government
and particularly the intelligence agencies that run throughout like to think that there isn't
some type of incitement from our side again it's just not objective observation of what has happened
historically i think cia has done terrible things around the world the fbi in the name of freedom
yeah yeah the CIA yeah FBI at home CIA abroad supposedly the U.S. is the only country that
can bomb other nations yeah right with impunity anyone else bombs someone like Russia that's a
big deal but the U.S. drops bombs non-stop under Obama they can constantly drop bombs on the Middle
East yeah yeah Biden just started bombing Somalia apparently so the U.S. can do it all day but no
other countries and I hate to say it I mean look I mean I got the Statue of Liberty tattooed on my
arm I'm like I bleed red white and blue right um and uh I've been joking but maybe serious like I
I kind of need to put a tattoo, like a little teardrop right here, right?
I mean, Lady Liberty's crying right now.
So it's not because I'm not a patriot.
I bleed it.
But man, it's sad to see what's happening.
Yeah.
And especially now, even now they're supposedly for the DHS and the Biden administration,
the biggest threat in America today.
You know what they said it is?
Domestic terrorists?
White nationalists.
Yeah.
That's the biggest threat.
Really?
Not BLM or Antifa burning down cities?
not uh bombing and blowing out the uh you know the pregnancy centers like uh the biggest threat
is white nationalists like what have they even done like where's the targets like so it makes
me sad are we white nationalists i'm not white i'm i'm uh i'm uh i'm part mexican i'm uh i'm irish
yeah no but it's the dhs they came out with that and i think in conjunction with the fbi they came
out with that flyer like look out for these flags and it's like the don't tread on me come and take
it like remove the betsy ross flag yeah freedom is a dirty word freedom is right-wing extremism
that's like the most frustrating part like you said like i'm like i fucking love america or at
least the ideals that this country was founded on obviously we've gotten far away from them like i
and to fight for freedom in the United States.
But it's just like that weird dichotomy
of being an American who loves the ideals
that we're founded on
and is trying to live towards those ideals
and create a reality in which my children
have the ability to strive for those ideals.
And then you're just stuck with this government
that is completely against it, it seems.
And the scary part is, to your point,
that the government, the leaders that we have,
like they're, they're, they're driving the bus towards a cliff and we can all see that cliff
coming, shutting down our energy, you know, taking over agriculture and manufacturing,
you know, continuing to stir in the pot with these identity politics. I mean, all these things are
doing, they're driving it off of the cliff and they're not turning the fricking wheel or hitting
the brake, dude. Fucking hitting the anode too bad. Yeah. Right. And so, so, so it's super scary
from that. And, and I think most people I do, I'm a, I'm an optimist. That's why I'm an entrepreneur.
so I'm an optimist
and we all have biases
we have to be aware of
and so I'm always trying
to check my optimism bias
because I think everything's
always going to be okay
but we've had some really bad times
in history
but I try to
so I try to kind of balance that
so it's really scary
to see where it's going
but I have hope
maybe it's my optimism bias
but I have hope
just because
like I said
we know it will fail
and I believe
that the human drive for freedom
will far exceed that
and we have the tool now
that we need to win
And so, yeah, a lot of doom and gloom is super, super, super scary.
I think there's more pain ahead, but.
Yeah, it's one thing we need to figure out on the narrative front is how,
how do you make opting out appealing?
Well, we need to build enough parallel structures.
So it's easy to opt out.
Yeah, make it seem fun.
Like not like you're doing something dirty.
Cause I think that's a lot of people feel like there's this connotation of,
oh, you're adopting Bitcoin.
You're buying beef from your ranch.
You're using crowd health or something like that.
like that's a, that's risky. One thing I've been kind of thinking about lately and I've been kind
of, kind of getting turned off. Although like all my videos on YouTube, just search Mark Moss on
YouTube. They're all, um, I look at it like a hunter and a farmer. So like, um, I talk about
like the fed or I'll talk about geopolitics and I talk about the problems, but Bitcoin's always
the solution, but I'm grabbing people who don't think about Bitcoin and then showing how Bitcoin
solution versus like a podcast that just talks about Bitcoin only. Right. And they're, they're
talking to the to the choir yeah and you need both this is awareness and then we need uh depth
right and so you kind of have both so even though i even though i spend my time talking to the
to the no corners maybe top of the funnel top of the funnel there's so many people that are
focused and here we're at bit block boom this weekend and like so many people are like i think
there's a workshop today on like how to orange pill people and i'm just like nah we don't need
to orange pill people we don't need to push mass adoption um no one needed to push for mass
adoption of the internet no one needed to do that people who started using the internet just
because it was a better way it was easy and so kind of to your point you're making um as if it's
easy like hey wouldn't you rather know where your where your meat came from and like check it out
you can watch it grow and like you can you can shake your farmer's hand like isn't that cool
look how easy it is how fun that is people will do that without really needing to know that they're
subverting the state and they're trying to bring it down yeah right and so i think that's the way
it's done yeah no go shake your rancher's hand it's fun the first time i did it here i brought
my wife and my son um we hopped in his truck he drove us around the ranch my son was popping out
of the window like sitting on my lap in the front seat yeah it's a good family activity yeah and
with school so like uh hey look um schools people are falling behind in school um that's not you
know it's indoctrination whatever um here's like these homeschool pods look how much they're
learning look how fast they're advancing it's just a better model and it's easy you don't again it's
not because we're subverting the bank the state we're trying to bring it into it no it's just like
it's a better model and it's just and so that that's that's how we do it right yeah which is
why we need people to continually build these things and then it will improve right the user
interface will keep getting easier and easier yeah i'm actually very bullish on like better
design coming to the bitcoin stack then like what tucker's doing with the schools and stuff like
that that's like one thing our oldest is two and a half and it's still they're still even with my
wife i'm like and she's very receptive to and open to it but it's still like a bit jarring for people
to say, Oh, especially if you talk to like extended family members, like, Hey, we're not really
thinking about sending our, our sons to public school. Yeah. I, uh, growing up in Southern
California or in South Texas, tell us in junior high, um, my parents were pretty grassroots
politically organized. Uh, they, they, they're pretty in deep and we still talk politics at the
table. Like that's how my family is. That's how I was kind of raised. And my, my parents homeschooled
me for a bit when I was a kid in Texas. And like, it was like a legal back then. Um, which is
probably why I think a little bit differently today. Um, but, uh, and then when I was in
California, I went to just private Christian school. Um, so I didn't really grow up in public
school, but when my kids went into school, my, I put my kids in the public school and, um, I kind
of knew that I probably shouldn't, but I did anyway. And there's, there's, there's pros and
cons, right? And part of the pros is being part of that community. And so now we know everybody
in the community and it was a big piece of that. Um, but when the pandemic broke out and schools
were shut down in California schools have been shut down right for two years and so our kids
went to homeschool and then it was like what the hell have I been thinking this whole time and so
my youngest is uh in eighth grade and it's like you'll never she's been out since sixth grade
like you'll never go back and she's she's bummed she's super bummed she wants to go to high school
with all her friends and I'm like I'm sorry it stands for everything I'm against and it just
won't happen so uh we're adamant about it my parent my wife's on board with it luckily and
yeah homeschool is the only way from here on out are there like do you see your daughter
learning more i don't care about the learning there ain't nothing to learn in freaking school
i i believe i mean you you learn how to read and write learn arithmetic like you're done man you
don't what else are you gonna learn and so what uh are you taking like the approach of like all
right find out what you're interested in we'll figure out how to i make them read a lot of book
well i i pay them i make them and i pay them to read a lot of books so uh so my my oldest just
graduated high school and uh you know she grew up reading economics in one lesson she read the
case against socialism she's read rich dad poor dad i mean my she's read all these books right
um and so you know she's a free thinker even though she was in the indoctrination camp what's
crazy and this is what really gets me even my youngest who's been out of school since sixth
grade now she's in eighth grade like they argue with me over these social issues like the environment
for example like my youngest we got into an argument on halloween she was saying she couldn't
wear a feather in her hair because it was like cultural appropriations or whatever i'm like what
i'm like hang on hang on hang on and i'm like and like we're like arguing over this i'm like
like, and then we have a pretty tight family, right? Like I try to have, you know, influence
over my, over my kids. Right. And like, um, I'm arguing, like my, my daughter's trying to argue
about cultural appropriations, like, Hey, and you start to see how deep that is. And even my oldest
now, like she gets mad at me because I'm like, look, Michaela, this is not how that is with the
environment. Let me, let me show you this. Right. And she'll get mad. You know, it's, it's hard to
counteract that even if you're super engaged, if you're not super engaged, it's impossible.
Yeah. You have to be vigilant as a parent.
Super vigilant. And again, you know what that is? It really goes back into communism. And another concept I've talked about quite a bit extensively is the blow-off top of socialism.
And so when you look at a blow-off top, we talked about earlier, like the Bitcoin or the housing market, when it runs out of buyers, then you get, it's super volatile and it blows off.
and so what's happened i believe socialism is also approaching a blow-off top right where
we've hey state handle my education hey state handle my health care hey state handle my retirement
hey state hand everything we've just handed off handed off handed off and eventually there's
nothing else to hand off and then it blows off um but you know we want to outsource all of that
and uh you're the parent man teach your kids yeah no and it's i think the uh the concept of
it takes a village is very true too that's why i feel fortunate i have a big extended family we're
very close my brothers my brother and sister with my wife's sister um her husband and their kids and
then my cousins and their kids like in the summers it's all of us who have grown up together like my
wife is my best was best friends with my cousin growing up and so that's cool our parents know
each other well her parents know my extended family well and then in the summers it's it's
pretty crazy i think now you have three generations you have the grandpa our parents you have us and
then our kids and you have that sort of tribe like right there and the kids see it too which
is like we saw it when we were growing up like when i was growing up as my grandparents who
since passed my parents and then us the kids now we've sort of taken that and replicating that yeah
and yeah i think for like from my experience as a kid seeing that seeing my parents my mom with her
brothers and sisters and their parents and their extended friend groups that were close on the
island. Um, it really affected me. It's like, Oh, this is what I need to do when I grow up. Like
we need to be close with our family. Yeah. It's big. Yeah. Yeah. So I don't think I'm not a big
fan of school. I mean, I graduated high school. I didn't, I didn't go on to form formal education.
I've learned a lot. And I, and I always tell my kids, look, I'm not into formal education, but
like I've read thousands of books. I have this giant library and I make my kids read all these
books. So like, I love education. I just want to learn what I want to learn. So like learn to
reading right like you got that and then like i have my kids like my my oldest daughter i had to
do hillsdale college you've seen that so like uh hillsdale college is a college but you can do it
online as well and they have all kinds of classes on the constitution on early early the u.s the
revolution so you know i want my kids to learn history i want them to learn the history of
america um like i said i want them to study socialism and communism i want them to learn
business so i've had them involved in my business i think one of the things to help me was working
with my dad as an entrepreneur he's a contractor it's like peeling back the curtain and showing
them how money is made and how values created. So I've had them involved in that. And, um, I think
there's a lot of things they need to learn. They need to learn how to manage their time, manage
their body. They need to learn communication skills. So like how to win friends and influence
people. My daughter's read that twice, right? Like those are the things that people need to learn
communication skills, time management skills, like personal development skills.
And that's something that's being completely, uh, ripped out of this generation with
my youngest daughter has been doing that, uh, synthesis.io. I don't know if you heard of that
before I have heard of that yeah I think pomp talked about it quite a bit it was like a school
that like Elon Musk had built for his kids and now they've kind of made it a little bit bigger
it's like an after-school program and she logs on a couple hours uh at a time per day a couple
times a week and it's all like creativity exercises and they make kids like work together
to solve problems like really out of the box creative thinking and so that's what I think
it takes to be successful and so that's what I'm having my kids work on there's new models I mean
And I went to the schooling system.
I went to Catholic school.
I went to a friend's school.
That was very interesting.
The Quakers run a very...
Quakers?
Yeah.
Wow.
They run a very interesting style of schooling.
Then I went to public school.
I went back to Catholic school for high school and college.
But past high school, my high school was very good.
I learned a lot in high school.
I'm happy that I went to the one I did.
But college, I learned more on YouTube than I did.
Yeah.
And that's the other big thing.
Um, really in the last 12, 13 years, the world's completely changed.
And I say 12, 13, cause the iPhone came out in 2007.
So really since 2007 is when really when the internet like really accelerated.
Right.
And, and the world's just changed.
So now with, with, with, with YouTube and Google, like you can learn anything and really, you
know, there's the whole, you know, it takes 10,000 hours to be an expert kind of a thing.
But like for the most part with about four or five hours on YouTube, you could become
about a 60, 70% expert in a lot of things.
So like I wanted to build out my studio and I didn't know anything about soundproofing.
So I spent like four or five hours watching videos and reading all these
documents.
And like,
I know a lot about soundproof in the studio now,
right.
Or you want to learn how to scale a Tik TOK or Instagram account within
about four or five hours,
you can learn pretty much everything you need to know about the algorithm
and how to scale an Instagram account.
Right.
So social,
social media management,
for example.
Right.
And so like,
um,
I hired a girl at my office and she just graduated from a prestigious
college and with a degree in marketing and she's knows less than zero.
Hopefully she's not listening.
Uh,
she knows less than zero,
uh,
because like she thinks she knows stuff,
but she doesn't.
And I was like,
i'd rather hire a 13 year old kid that's grown an instagram account because at least they've done it
and so like the the the information has changed the world's changed and so yeah we have to adapt
yeah yeah you learn more from experiences than from reading books or like reading textbooks like
or being taught by a professor who's never actually entered the workforce so there's three levels of
learning right so there's there's the learning it the reading it then there's the doing it and
then there's the teaching it and so like you're doing like you're learning doing it and then
you're teaching it right through this show i do the same thing with my show um and so learn it
and then do it and and um that's why i have like thousands of books and it's like oh i'm hiring
people i should read a book on human resources oh i'm trying to grow it i should read a book
on marketing like and like you're learning what you need and then you're using it right there
and then eventually you go and you teach it and then you go and you teach it but from experience
yeah
no experience is the best
that's like
again going back
to this business
it's like been iterative
had no idea
what I was doing
and then I got smarter
about how to make money
now I'm getting smarter
about growth
yeah
like
it's fun too
and hopefully
it has an impact
that's
I mean that's
the reason I started
I was like
I just want to teach people
about Bitcoin
now
maybe we'll sustain
my life on it
but still trying to stay true
to that initial
sort of ethos
and goal
of the content
and make sure
you don't like
sell out or anything
yeah
because that's what
people want too
in this modern day
like alternative media
they want authenticity
for sure
because they're not
getting it anywhere
people are starved
for authentic people
who aren't afraid
to speak the truth
yeah
big time
yeah
it's been a great
conversation
a lot different
than I had expected
it to go
when we sat down
I thought we were
you know
I was like
oh we'll talk about
the three cycles
and we'll talk about
where the world's going
we'll talk about
the way the government's probably going to get out of this financial repression.
But anyway, yeah, it was a great conversation. Super fun. Yeah. Hopefully, hopefully everybody
enjoyed it. Where can people pick up the Uncommunist Manifesto? So yeah, check it out.
Uncommunist Manifesto. Um, again, lighting brush fires in the minds of men. It's probably super
cheap and it's a, it's an actually, it's only about 10,000 words. Most people can read it in
about an hour. So it's not like one of those big books for like human action where you're afraid
to pick it up. Um, and so just go to Amazon. Um, yes, we're using the state's a platform to sell
a book
but we're going to use
their platform against them
as long as we can
yeah they make it very easy
they make it very easy
so I'm still using YouTube
because I can reach a lot of people
on YouTube as well
but just go to
you can go to
uncommunist.com
or you can go to Amazon
and search
Uncommunist Manifesto there
and check it out
and we'd love it
if you bought a couple books
and just shared them
or just read it
and then just share the information
that you get
read it
think about it
and just share the ideas
yeah
because it's important
like you said earlier
to understand the problem
you can't solve a problem
unless you understand it
this helps
understand the problem
that we find ourselves in.
Yeah, we try to take it down
to like a first principles level
so that you can then build
your own ideas on top of it
because people today,
they don't really take the time
to understand at that level
and they just kind of parrot headlines
and when they're challenged,
they don't understand it.
So we break it down
to like a first principles level
so you can really understand it
at the core
and then you can formulate
your own ideas on top of it.
Yeah.
So yeah, check it out,
uncommunist.com
or just go to Amazon,
Uncommunist Manifesto.
Get back to first principles, freaks.
That's right.
Go check out Mark Moss's
YouTube page as well.
Incredible content.
Yeah, thank you.
yeah a lot of stuff on the macro and the geopolitics it's all about bitcoin but uh in a
roundabout way yeah no it's it's that i think that's the uh the best strategy is like broad
top of the funnel here's the problem and then uh you may want to look into this as a solution yeah
and then and then there's plenty of podcasts that dive deep into it but we all we all play our part
you know yeah well let's go have a fun weekend let's do it i'm looking forward to go and eating
some steak yes i am as well i've had a lot of steak already this week but i can always have
always have more
alright
peace and love freaks
okay
