The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Bitcoin Devs EXPOSED: BIP 361 Would FREEZE Satoshi's Coins | The CBP 261 Pt 2
Episode Date: April 22, 2026BIP 361: Bitcoin Core devs want to FREEZE Satoshi's coins — 5.6M BTC (~30%) permanently locked to stop quantum computing attacks. Is it theft or survival? The Canadian Bitcoiners Podcast debates....This week Len and Joey break down the most controversial Bitcoin proposal in years: BIP 361, the post-quantum migration plan championed by Hunter Beast that would render an estimated 5.6 million Bitcoin — including Satoshi Nakamoto's untouched stash — unspendable after a hard cutoff date.Supporters call it the only realistic defense against Shor's algorithm and a future quantum adversary capable of cracking legacy P2PKH keys. Critics call it a precedent-shattering attack on Bitcoin immutability — a civil war brewing inside Core. We walk through both sides.🎙️ THE SHOWCanadian Bitcoiners Podcast is a weekly show covering Bitcoin, macro, freedom tech, and Canadian news with a hard-money lens. Nothing on this channel is financial advice.🔔 SUBSCRIBE for weekly Bitcoin news, debates, and interviews:https://youtube.com/@canadianbitcoiners🔗 FURTHER READING► Full BIP 361 text on GitHub: https://github.com/bitcoin/bips💬 Drop your take in the comments: freeze the coins to save Bitcoin — or hard-fork to reject the proposal and let the chips fall where they may?#BIP361 #Bitcoin #Quantum #Satoshi #CanadianBitcoiners #QuantumComputing #BitcoinNews #BitcoinCore #HunterBeast #PostQuantum #BitcoinDebate #Canada #Cypherpunk #SelfCustody #HardMoney
Transcript
Discussion (0)
Do not buy a fake ledger.
So where do you want to start on the notables here?
Because I, okay.
I think we should.
I think there's nothing else aside for the video.
The video just.
Well, the videos is the result of him getting the election results, right?
The timing of it, now he's got his majority government.
And they're able to push whatever they want with zero resistance.
And it's not to say that it's going to, the country's going to fall apart.
things are going to, things will move the way it moves,
but they could steer in certain directions to help it maybe go quicker or less quick towards being really shit.
And I just want to say that what happened this past weekend,
and I want to go back to the event with Rockstar and the people I meant over there.
And everybody was like-minded.
Is there there because they're hard asses people?
They like houses.
They understand the fact that there's only so many houses.
And, you know, the hard asses, right?
I don't have to get it.
But the thing that was, I found to be quite interesting is the discussion, almost everybody
that talked to me, same fucking talk was like, there's going to be a movement.
We're going to get out of this place soon.
And it was the questions where and when.
because nobody's convinced where to go
and nobody's also convinced
when to go,
but it seems like it's a consensus
that's what's going to be happening.
A lot of people already left Canada, Joey.
The number, I forget what it was,
but it was of the 1%,
like 40% of the 1%
of already left and went to the states,
never mind the rest of the world.
This is a different group of people.
This is people below that 1%.
They make up a lot of the,
I don't want to say average people,
but closer to the average people.
Let's be honest.
They're well to do.
Yeah.
Compared to like other people.
These are high,
high resolution,
high agency types,
I would say.
They are the ones that help the economy move.
They hire people to clean.
They hire people to build.
They just hire people.
And plus they spend themselves.
They go out to restaurants.
They buy cars and show like this stuff is going to leave.
Right.
And this is stuff that's going to leave in droves.
And when it does,
either it doesn't get replaced.
or it does get replaced and you could guess by whom.
So there's a capital flight that's going to happen in a not too distant future
from a different group of people that already left.
And why is this?
It's because you have this systematic raping of what's happened to Canada.
And everything that has been good slash great and memorable seems to have been gone.
The days of leaving your doors unlocked, fuck, it wasn't not too long ago.
We could always do it.
And I still want to do it.
My wife just is the one always locks it.
But even you can leave your car keys near the front of the house
and you know it's not going to be stolen.
A lot of this is like it's gone and it's too bad.
Canada is just trending in the wrong direction.
Just look at the price of food, for instance.
It's gone up significantly.
So they look at this and they say this talk from Carney.
It seems like he's trying to blame a lot.
on Trump and these fucking normies are buying it up because in a normal world when shit goes bad
you you punish the people that are in power because they're the ones that make the decisions
to get you there but now because you have this quote unquote external threat and that's the one
that's driving everything in pricing that to an extent there's there's there's truth of that but the
guy came into power with the intention or the dmentra i'm going to get a deal there's no deal in fact
there's only one deal. Everything else is an
MOU. I'm still
waiting for deals. He can't even get
past the fucking natives, buddy.
Forget about Trump.
Like we got all the problems.
But he's talked about the figurine.
He's talked about Tukansi
and that figurine of Brock, by the way.
I love that. I went to Brock
University. I know you did. A lot of lore there.
Yeah, but that story is basically
just it's like a chess piece. That little
figurine that he got from
who the fuck was it? Mike Myers.
Mike Mike.
The irony of that, where does Mike Myers live?
I know.
Where does Mark Carney?
His wife lives in the States.
His kids go to school in the States.
His business is domiciled in the States.
He was living in the States.
I mean, it's just such a joke.
He's 61 years old.
Yeah.
I checked AI to tell me how many years has he been living abroad?
Not living in Canada anywhere else.
25 years.
It's crazy.
25 years out of 61, he's been living abroad.
And the number of them, the majority of them, is since 1990.
Now, I get it.
You know, he's been around.
He's done his stuff.
And, you know, but the conservatives crucified Ignatia for just visiting some 16 years ago.
They killed him.
Yeah.
And it killed his political career, right?
You know, we've had 10 years of no GDP growth.
It's been stagnant.
Other countries we used to look at and laugh at this, but now we are subjected to this.
So in those 10 years, we've had one Trump, full Trump, one full Biden, and a quarter, a little bit more than a quarter of Trump.
So you can't blame Trump for anything because you had one full Biden in there.
So what's the problem?
Is it because of the U.S.?
Is it the weakness with our fucking biggest trading partner?
like it's three quarters of all trade comes from them how do you fuck you replace this if you're
going to say that they're weak like if anything we should almost i don't want to say it but like you know
we got we got to almost accept what they have to give us just because the way it's set up right like
who the fuck is to blame with stagflation and people are they have you we know the thing is
like the government accept this they they accept it because they are insulated from it but many
people who are younger are not accepting it. And I think that the real problem, like, oh, there's two
problems, okay? So hold your tomatoes if you're one of these people who's been messaging me on
Twitter or whatever about how I don't understand the Polyev phenomenon. I do. But I think he's
misunderstanding who his base needs to be. And as much as I disagree with some of the stuff,
the Dominion Society thinks, specifically around like race, for example, I will just note that the
Dominion Society and Tyree specifically, Daniel Tyree specifically, he is correct in that if Pierre
Pauliev keeps giving boilerplate policy positions that are barely more conservative than what the
liberals are offering up, he's never going to win and the party's never going to win again.
On the side of the economics of this whole thing, the issue is that we are basically now in a position
of complete powerlessness in terms of the outcome
because the currency doesn't carry any way internationally.
We are not part of global reserves, generally speaking.
In fact, I think we're at an all-time low in global reserve makeup,
if I heard that correctly last week, read that correctly last week.
And then on top of that, you happen to be at your weakest
when every country on earth understands all at the same time
that they have to turn inward, not only because there's going to be a crunch for resources,
which we have plenty of but refuse to use because, I don't know, the native populations,
the bans in like Vancouver or whatever are not done scamming the country for tax money yet.
So we got to wait another, God knows how many years before we can get a pipeline,
like an east-west pipeline.
This is going to continue to go on at the worst possible time, as I mentioned,
because every country is turning inward.
And this is all happening while there's clearly.
upheaval in what was a reliable global system. This is something Carney has right. I don't think
he's got the symptoms correct or the solution correct, nor do his peers in Davos. But he's correct
about that things are falling apart. So if you're a Canadian politician, what do you do? You really have
to pay lip service to things that just aren't wins. You saw today the Ottawa comms team releasing a
statement, you know, a celebratory press release on an increased number of flights, you'll never
guess between where and where, Canada and China, as a win for Canadian travelers in the Canadian
economy broadly. We're obviously talking about with some frequency, an insane amount of frequency,
actually becoming part of the European Union, votes and polls held by different liberal pollsters,
polling just the dumb as shit boomers that are still left answering their fucking house phones
about whether or not we should join the European Union. They have no.
idea that there's an ocean between North America and Europe that will add untold amounts
of money to their trade costs and eventually product costs.
We know there's a problem because the PM is starting to do things to try and ease
the pressures of prices on Canadians, stuff like taking off the excise tax at the gas pump,
stuff like this one-time grocery rebate coming again in the spring or summer.
this video specifically, I think, is really starting to look like you as a Canadian need to prepare
for what a post-Kuzma world looks like. We're going to turn inward. We're going to become stronger,
but it's not going to be easy. I think that is the understatement of the century.
We need the U.S. so badly.
Our population is lining that border like we're warming our hands against the fireplace.
We don't have an economy.
We don't have a culture anymore,
save for anti-Trump or anti-America.
And we've turned away from some of our biggest unifying forces,
whether it's Gretzky, American movies, whatever.
These monster corporations that we all used to love
now have become basically hubs for the things we hate the most.
McDonald's, for example, all they do is hire TFWs.
We have cross-country drivers who are killing people because they're untrained.
We have cultural centers that,
are being overrun by Islamic prayers.
We have major cities that are now seeing significant declines in youth.
Youth is part of not only a vibrant economy, but also a vibrant culture.
In Toronto, there's been so many layoffs at the school boards over the last few years
with more to come, not necessarily because of declining population, but that does play a part,
but rather because it's unaffordable and unsafe to live there.
And so major cities are now seeing significant decline.
You see this not only in the demographics, like I just mentioned, but also in the politicians
they're electing here in Hamilton, Andrea Horbath,
is it died in the wool communist and moron.
Olivia Chow does her on both those fronts
and most of the time does it in an ill-fitting bikini.
You can't win, okay, no matter where you look across the country.
So what other choice do you have but to leave,
like some of the guys, the rock star thing we're doing?
I think, and I said this to a fella at the conference,
I won't name him because he sort of was asking questions
and I think might feel the same way.
You really have two choices.
You can either leave and hope that this doesn't happen anywhere else,
even though you are truly in now at the midst of a fourth turning.
Or, or you can try and build a community here with people who are like-minded
and try as best you can to make enough money to insulate yourself from the worst of this
over the next decade or so with the hope that it gets better on the other side.
I think there's a significant chance that happens.
But I don't know if it's enough to keep somebody here who doesn't earn money,
has no roots, has no children, whatever, you know, has no parents left, all these different
things to keep people here. If you didn't have those things and you didn't want to lay your chips
down on that second outcome, I really can't blame you. Canada starting now to roll out stuff
like stable coin legislation at the same time they're rolling out speech legislation at the same
time they're rolling out encryption legislation at the same time they're having floor
crossers and you're building a dynastic base for power at the liberal government
at the liberal government headquarters there.
This is not a good time to be a Canadian under 45, let's say.
But if you're over 65, like, never been a better time.
Never been a better time.
The same shit across the board.
Now, the stable coin, I just wanted to touch base on that one just really quick.
I don't think that that's a negative or a positive.
I think this is just copying what the United States is doing.
But it's just more.
The clamps are coming down on capital is what I would say.
And I wrote this piece months ago that capital controls are here and people are not paying attention.
Capital controls are going to become the topic that everyone talks about by the end of the year.
There's a reason why my TFSA is at zero dollars and liquidated this this year.
In fact, it is all done.
And I've been saying that for some time.
I have put zero into my TFSA for years.
And so like, I think I've saw the writing the writing on the wall.
But the stable coin just went that is just, they just want to copy.
what's going on in the States with the Genius Act.
They want to make sure that any Canadian stable coin,
which I can't believe who the fuck we want to do it,
but it's going to be fully backed by an asset one-to-one.
The same thing like the genius,
who cares?
You shouldn't care about the coin necessarily,
but you have to consider what's on the periphery of that legislation
and what will be on the periphery of that implementation,
and that is going to be you're not allowed to hold certain other things.
You have to use this.
The one that's going to concern me the most,
And it's going to happen, I don't know when, but it will happen is the taxing of primary residence when you sell it.
Oh, yeah, only a matter of time.
Is that that that's going to significantly impact me?
Not that I have a lot of homes or that.
It'll be an equity tax or a tax on sale, but I don't think it'll be both.
But there will be one of them, I would say before the end of the decade, if I had to guess.
And talk to the bull Bitcoin people where right now the way it works is if you want to sell your house and get it in a Bitcoin.
you could and they were able to help facilitate that.
It's interesting how it's done.
It's easy and it's available right now for people that want to take advantage.
You've got to be as mobile as possible, but sometimes circumstances don't allow you to.
And it's impacting me right now or else I would have been long gone.
Yeah.
I mean, we talk about it.
We both have some level of roots here, right, that you don't necessarily want to go anywhere.
I want to shout out Rishi, who was in the chat earlier.
I had a nice talk with him around Christmas time over a couple of classes of whiskey at the Collins about this whole thing.
Like the sort of like decline and how it's hard for some people to see it until it's right at their doorstep.
But by then it's too late.
I think a lot of the boomers are,
they mean at the boomers,
but the elder exes are starting to feel that way.
And I don't know if the boomers ever will, though.
Like even the residents,
even the residential tax,
like unless it's an equity tax,
then it won't really impact them.
They don't care about selling their primary because they'll be dead, right?
It's still good.
It's something they're not going to like.
John is asking why would they do it?
It doesn't it alternate,
sorry,
alienate their boomer base?
Yes.
But remember as that base continually,
because they're older,
they're,
and it gets smaller.
And the other side of the fence
where the people that have not,
easy to appease them.
For sure.
By this thing,
look,
we're going to tax these guys
to own this stuff.
And that money that's going to be taxed
is going to help pay for your services.
At a time when the NDP is completely irrelevant.
and unviable.
It's a no brain.
It's a no brain.
That's why I can see.
I don't know when it's going to happen.
Can I add one more time?
I want to add one more thing on the video before we go.
A friend of the show,
millennial moron who I think has had some really good tweets over the last,
well, I mean,
he's been a great tweeter since he joined Twitter,
but he said some really insightful ones last few days.
Made a good point about this bit that everyone is arguing
in the replies on Carney's video on Twitter about
that he invented forward guidance
at the Central Bank of London.
And, you know, he obviously did not invent that.
But in the comments, instead of people arguing about policy and our position in the G7
and our position in the international economic scene, international cultural scene,
and our footing for what's sure to be a difficult few years coming up, everyone's arguing
about whether or not he invented forward guidance.
And that is a Trump-style communication tactic.
You know, this idea that you throw in a misused word or muck up a little nomenclature
in your communications.
and then people fight there instead of on the side of the policy
and the actual substance of the announcement or the video.
I thought that was really smart.
Again, I continue to say that Polyev is not getting better
as an economics policy guy,
and Carney is getting better as a politician,
and the gap between them is growing every day in terms of skill.
And it's just so embarrassing for card-holding fruit.
Yeah, I know, but Len, like...
No, they went after the figurine.
If they said that that wasn't scale model, the hat was just not quite right size.
That's what they should have done.
After the fucking figurine.
And the figurine crowd would have jumped on that.
Figuring, figurine enjoyers.
It's a boarding block.
They've got to fucking get it on board, right?
I happen to agree with, actually, with a lot of things I've seen from people about the Kearney video.
And the thing that I see apart from the economics thing is that he is really, he's crushing on social media.
And he is. I will also note that, yeah, I left this comment, I think on the axis of easy
video that we did the other day on the free speech erosion and just sort of Carney's positioning
for Canada going forward in terms of like digital rights.
Carney and the Liberal Party have criticized Trump very, very openly and I think broadly for the
year and a half that he's been in power about how he governs on whims on social media,
right one tweet can ruin your your trade agreement and blah blah blah but you know who's really been
governing by social media is carney very rarely takes difficult questions from the press obviously
press you know basically is in his pocket is in the pocket of the party a lot of the time but
certainly in his pocket gets flustered whenever he gets a question he doesn't want to answer he's you
know famously said look inside yourself rosy for your you know anti-liberal views or anti-canada views
or whatever he said back in the election campaign.
So he's taken to social media to do most of his campaigning and it's working.
And this is a good example.
Every major outlet covered it.
Every major outlet had nothing but good things to say about it.
And on the other side of the coin where people are disagreeing with the message or would be
disagreeing with the message, they're talking about forward guidance.
Completely hapless clowns and losers on the right, honestly.
The conservative party should be embarrassed.
They should napalm that whole party.
All those people should be out of a job.
And in the election.
And by the way, if there was an election,
it would be a 300 seat majority.
He would crush those other three parties.
Crush them into dust.
It would be like a one-sided affair.
Paul would lose his riding again.
Depends where he runs.
If hypothetically ran it in the writing he's in right now,
which he's not going to, he'd win.
You could run me over there and I'd win as a conservative.
So there are some
some writings that are going to be always liberal,
conservative, NDP,
block, whatever. And that's the way it is.
So, yeah. And so I don't think
what is the floor? For the liberals, the floor
was 30-ish. We saw that in
2011 when Ignatiafran.
Yeah. Couldn't have got any worse. That was
that was it. What's the floor for the
conservatives? 70? I didn't look at this. I
didn't study this, but I mean, is that
70 realistic? That's Claude.
Claude. I'll tell you.
I don't know.
The party is in
Like the party's in dire straits
You know
The conservative party is definitely
And they have also the problem
I've said this many times
The Alberta separation
Discussion
Oh yeah huge problems
Putting them in a
Yeah I don't know
How they could come out with this
And be appeasing both
Federal Conservatives
But also Alberta conservatives
It's very difficult to do both at the same time
I want to point out
Yeah I want to point out
John's comment in the chat. I'm going to put it on the screen here for people who are in the video.
What is the floor in terms of economic policy before it's untenable for the liberals?
The thing is there is no floor because no one from the liberals is going to vote for NDP.
The NDP needs to be viable for that question to matter because liberals are never going to vote
conservative and they're never going to vote NDP with this party.
So the answer is there is no bottom, you know?
It can get so much worse before anyone even thinks about changing their vote.
The only way you have anything like some sort of economic policy that is just we can't do it,
is if a central bank stood up to the government.
Yeah.
We haven't seen any central bank.
I mean, they tried last year to say it was a, you know,
we were in a productivity crisis.
And then Jason John,
but they haven't said no more,
no more debt.
Well,
the interim PBO guy said this is an unsustainable path
and the government's going crazy with the budget.
Then they fired him and didn't fill the spot.
There's no,
there's no parliamentary budget officer right now.
Until they say no more debt.
Yeah.
That's it.
Even if they say it.
like you know that's
and no central bank is doing that
is a central bank only exists
because of the government that they
operate in
or operate for
but you know what the opposite
you could have a central bank
so you could have a government without a central bank
but you can't have a central bank without a government
so it's like a leech
right you have to have
the government for the central bank to operate
and gas and diesel is going to be cheaper
in Canada as you mentioned
because starting today
and until Labor Day
gas is going to be
10 cents per liter cheaper
diesel 4 cents.
You're not even going to feel that by July.
You won't even feel it.
There's going to be some collusion
between all these fucking
companies out there.
10 cents off,
really six cents down.
Like what if they're going to pocket the 4 cents different.
And the thing that you have to also
understand is that there's
HST that's applicable, at least here in Ontario.
I'm not sure if it is in other parts of the country.
And that's a percentage.
So as the price of gas went up,
the, what they take
take in from the HST by percentage also went up.
So the gas prices went up significantly.
They got rid of this tax and it's now reduced.
But you know what?
They're just using the money that they're collecting from the extra money they're collecting now from the HSD to cover that.
The government is basically even, you know, even before price of gas went up, they're still going to collect the same amount of tax as they did not too long ago.
So it's not going to change them.
Is it going to be anything?
I think the four cents that's coming off for diesel.
That's not a lot.
I mean, that's, you know, I wish it could be more.
He's that's the fuel of industry, according to Carney.
And that's got to come down, man.
I don't know how they're going to do it.
But maybe they should reduce HST strictly on diesel or eliminated strictly on diesel.
I don't know.
They got to be creative here because they don't do something.
You go to the grocery store.
You see what you're paying for fucking groceries.
But for everything, it's up because why.
Because why?
Because, well, diesel's up, right?
This is the reality.
That's just the way this is going to go.
You can't control a global market without trying to contribute the supply.
So the other thing that's worth noting is, you know, we have this dual mandate central
bank here, right?
The U.S. and Canada both have dual mandate central banks, you know, employment and
inflation.
And, you know, if you continue to see decreases in employment in Canada, while also
seeing inflation going up because of supply side issues, that means probably is a central
bank, like it's against, it would be against your mandate to cut rates into that environment,
even though it's probably a good idea to do so to protect what little economic success
you've seen, you know, and trying to maintain some of those gains. But it's, it's a mess, man.
You know, this is, this is the important thing about Bitcoin's monetary policy is fixed.
You know, it doesn't care about the streets of Hormuz, doesn't care about whether or not
there's more boomers working than than high school kids in Canada. It doesn't care about
that stuff. It just works. It just works. And you can use it without anyone giving you permission.
You can use it without anyone telling you whether or not it's okay. And more and more people are
going to come to this realization. They will have no choice but to come to that realization.
And I think Bitcoiners are forgetting this sometimes when the price is down and, you know,
podcasts are just talking about the Straits of Hormuz or whatever every week. But I'm telling you,
man, this is the time to be accumulating this thing. Because it's right now when
times are getting so tough that people are going to say to themselves,
geez,
I wish I had something that filled,
you know,
or check these boxes.
It's only one thing,
man.
It's where we're parked.
Yeah,
this is why I only buy MSTR,
stretch and Misty.
I'm all stretched out.
I have no stretch.
I got to get some,
I got to get some stretch to make sure I can go,
uh,
I can go polar opposite or whatever you're doing on the show.
Joey,
we have a good attendance record on this show.
Yeah.
We're here.
We're undefeated.
Every week.
Yeah, every week.
And if we were in an Ontario classroom, we would get marks for this because they are moving forward putting student achievement first act.
Love these fucking names.
Achievement.
Showing up.
Absolutely.
So if you're in grade 9 or 10, your attendance will, attendance and participation will count for 15% of the final grade.
Grades 11 and 12, it's 10%.
So by showing up and participating, you can get either 10 or 15% towards your final grade.
incredible stuff.
And furthermore, this is
like an interesting. The bill
also mandates the return of
written exams on official
exam day for all high school students.
Amazing. Amazing.
They are ending the practice in some boards
where final exams
had become optional
or were replaced by
projects. So because
these projects can be done
entirely from home,
students who are skipping class,
during the final month of school knowing that they could still pass if they email the project in on time.
Then what happened?
Universities are now noticing that Ontario students don't have the stamina required or stubby habits to do these three-hour formal exams.
This is a result of it, right?
This is what happens when you fucking pander to these fucking kids for long enough.
They don't have the ability to fucking succeed in university.
And they have no fucking ability to succeed in real life.
I can't believe they have to go to this fucking measure to give them 15% under final grade for just simply showing.
Well, they have to get them into the classroom somehow, right?
They have to get them into the classroom somehow.
So they got to put some weight on attendance.
That's the thing.
They have no choice but to do this.
The question that you should be asking, I think, is why are kids,
of the opinion that they can just skip class for the entire year and still get a good grade.
The answer is because of grade inflation.
Teachers and institutions, high schools specifically, are incentivized to make sure that kids are doing so well that not only the past fail rate is good,
which is what it was about when I was in school, probably when you were in school too, that in the literacy test, grade 10 literacy test.
But also because they need now to get kids into universities, right?
And so universities have never had higher bars in terms of letter grades or percentage grades,
while also having the lowest probably bars ever in terms of actual intellect and understanding.
So these kids are making the right choice by skipping class because they just don't need to be there.
But the schools have to somehow turn the ship around.
School has changed so much in the last little while, but obviously the last six years after COVID,
I think a lot of kids, you know, really now that are coming through high school,
we're probably in their formative years during the pandemic.
And so they're used to at home, on screen, low social interaction and don't necessarily have
use for teachers.
This is another point that, you know, sort of requires some expansion here is what are teachers
doing now?
Teachers are just worse versions of like AI bots or YouTube videos or specifically tailored
training you can get in secondary classroom settings like Kuman or something of that nature
to put you over the top. And if the course curriculum is available at the beginning of the year,
like it is in university, for example, you can go to a university class. And if you're good with
subject matter, you can show up, you don't show up all year. You go to your seminars to cover
that part of your grade, write your essays, write your midterm, write your final. And, you know,
that's the kind of environment that high school has turned into now. You got to decide what you
want education to look like. You know, Ontario is not alone in this battle. But you know,
There's a lot of things happening all over the world in terms of education.
Do you want education to look like five days a week, eight hours a day?
There's almost no literature that says kids are best served in that environment, but we do that
anyways because we've always done it that way.
Do we want education to be sorted by the manufacturing date of the children?
There's almost no literature that says that's a good idea, but that's what we do anyway because
that's the way we've always done it.
are exams and essays even the format that we should be testing kids in?
Or should we be changing that to something else given the way that the workforce has changed?
I don't know.
That's just always the way we've done it.
And so you have these questions need to be answered about education.
I'm sort of partial to this topic because I went to teachers college and saw some of the problems.
And there was two kinds of professors that I had.
One ones that were doing it this way because we've always done it that way.
And ones that said, there are ways for you to operate on the fringes in Ontario.
that will give the kid a better experience, but it will be more difficult for you.
And, you know, those teachers that did that, I wonder how they turned out.
I tried to do it.
It turned out it wasn't for me.
I wasn't getting the ROI that I wanted.
And those kids were getting a worse product.
I think there's an issue as well with stuff like unions in Ontario and all over the world.
But Ontario's teachers union is like famous for their coffers and for their, you know,
their zealous attitude toward their, their,
members, right? These guys strike once a year. Some faction of that union is striking every year.
What do you do? Do teachers need to make, do teachers need to make 200 grand and attract the best
talent there is? Or do they need to make 50 grand and get paid for the work that they're doing
and, you know, maybe more importantly, the results they've been producing? Those are questions
need to be answered too. It's not as simple as attendance in the classroom being worth something on
your final grade. Education like many other industries is in flux. And the people who are
governing this industry you simply are not prepared for it through no fault of their own.
It's just happening too fast.
There may be some faults too.
Then let's be honest, they make some shitty decisions, right?
But there's no easy fix for this now.
There's no easy fix.
But the best time to fix it is yesterday the second best time to fix this today.
And they should work in order to fix that as soon as possible.
You know, when you look at stupid decisions that are made and I'm looking at, for example, the plane that Doug Ford bought and now is for sale.
you look at these and it's like how could you have any faith in him or his team making good decisions for the with the school system or with the healthcare system or whatever yeah so for people who are unaware that did they bought that the province of Ontario bought a plane for a little bit less than 30 million so the premier could travel around in uh i guess in Ontario and outside of Ontario if needy whatever and then it was discovered that this was purchased it was an uproar
and goes for sale.
It's crazy.
Should have just kept it.
It's not a bad buy.
I want to address John's comment.
He's talking about how school vouchers fix some of this problem.
In Florida is using school vouchers.
There's a guy, Corey DeAngelis in the States,
who talks about this on Twitter a lot.
I used to follow him.
School vouchers only work in theory.
And I'll tell you why.
What the heck's a school voucher?
Where you get to pick what school you send your kids to.
And if you send your kids to that school,
the school gets funding.
So the more kids pick that school, the more funding the school gets,
blah, blah, blah.
The problem is that at some point to meet the demand of students,
I think this is how the system works.
You can just go wherever you want.
At some point, to meet the demand of students, you have to bring in lower quality teachers.
That's just the way things go.
So unless they lock, you know, they grade lock some of these best schools.
As soon as we go under 80% as an average and, you know, grade 6 and grade 8, we're locking out any of these students.
We have to bring the average back up.
Unless that's an option, school vouchers don't work.
You can pick a better school, presumably, than you'd be forced to go to.
But, you know, maybe this is just me letting perfect or good be the enemy of perfect or the
Perfect. Be the enemy good, I should say.
But, you know, yeah, John, I get what you're saying.
You have lower quality teachers now.
And you would be able to pick.
The administration would have the ability to pluck the best from wherever.
They could.
They could.
Yeah.
So eventually, they're willing to go there.
So eventually, do you have all kids going to the same school and all teachers teaching
there?
Is that like the...
But doesn't this happen almost on a post-secondary level?
It is for post-secondary.
That's, or not for...
No, it's just for secondary.
Sorry, it's just for secondary.
No, but doesn't this already apply for post-secondary?
secondary because people look at Ivy League schools like Harvard, Yale, Berkeley, whatever to fuck.
Yeah.
And say, look, I'm going to go there because they have the best of this or the best of that rather than going,
I don't want to shit on any college university, but you know what I mean.
So people are doing that right now because there may be prestige around it or maybe some validity
to it because they have the best professors teaching whatever.
Look at, for example, Waterloo.
I don't know if they still do it, but their computer science program was considered to be really
Yeah, engineering, computer science, top tier.
Yeah.
And Microsoft would come in and pluck away some students.
Why?
Because they, you know, so if you wanted, if you wanted to work at a high-end, like Microsoft,
whatever, you wanted to get into Waterloo.
So, right, like, if that applies there, why can't it apply it to secondary?
I don't know.
Maybe it makes sense.
And then that way you could have better schools.
People want to get into it.
Maybe it works.
I don't know.
I haven't thought much about it.
I just learned about it today, actually, through you.
So this is pretty interesting.
Yeah.
It's a good, it's a good, it's good rabbit hole to go down.
I don't necessarily disagree, John.
I just think there's like, there's more to it than just letting everyone run wild.
Because at some point, you do run into this like, you know, dumbing down of both the student base and the professional base, which both contribute to a school being good or bad.
If you, you know, go to a, you know, one of the things you can see fairly frequently actually these days on Twitter and on Reddit of all places is teachers noting that once their worst kid is out of the classroom, the entire.
higher class is better.
And so maybe the answer is just simply like we have to find a way to sequester, quarantine,
the worst kids in some of these schools and let the other kids flourish, which is hard to
say, but the results I think will prove out.
Did you see that Canada got their majority government?
They got it, right?
Of course.
And immediately thereafter, they started giving out some money internationally.
So 5.5 million.
So let's go back.
April 13, security majority.
So April 14th, the very next day, 40 million to Lebanon for food, medical services, and shelter.
The next day, $120 million to Sudan for humanitarian and development.
Then April 16th, there was an MOU signed with Ukraine and saying that they're going to defer the Ukraine debt to 2030.
and the plan is to have the debt repaid over a few years,
starting from 2035 up to 2039.
And yeah,
so they're just pushing,
kicking this can down the row.
And eventually that's going to be to 2040,
2050 and forever.
Then April 17th,
the very next day,
$5.5 million given in aid to Cuba.
And so much money has been given out.
We're talking, you know,
$400,500 million in deals.
And, sorry, $400,500 million was given out in,
just to deal with homeless, right?
But that was over a long enough period of time.
They give $120 million just this week to Sudan and all those other countries.
So laugh.
So 120 million in a week versus what they spend on homelessness,
which is around 450 to 500 million over a year.
There's almost 100,000 homeless in Ontario alone.
Whatever.
The money's gone to these other places.
It's crazy.
$120 million in a week was given to these countries.
And we only spend up to 500 million in homeless.
These places have like,
I just want to point out that that's money that is never going to come back.
I understand there's humanitarian that's got to be done.
But sometimes you have to deal with the problems at home first.
Once those are tackled, once we are able to deal with our own backyard,
then we could go start mowing the lawn of our neighbors.
But until our fucking weeds are cleaned, until our fucking lawn is cut nice and short.
It's well manicured.
Let's not fucking go around.
Taxes in Canada are among the highest in the world.
And since the liberals achieved, I'm using that word very loosely, given the circumstances,
achieved their majority government.
They've given away a couple hundred million of your tax money, your tax dollars,
to countries that we will never receive any net benefit from.
These African countries, these ridiculous programs,
as we send the money to, it's gone, it's burned. It's, you know, padding someone's pockets.
It's feathering the nest of some NGO. It's running some overseas scam. Who knows.
But it's definitely not benefiting Canada. And it's definitely not benefiting Canadians.
So you have to ask yourself as a Canadian. Why do you continue to pay taxes? Why?
The only reason is because you're forced. We also spent a bunch of money deciding or asking
Canadians how they felt about paying taxes, I believe, recently. And of course, everyone said the same
thing. They don't feel good about it, but they have no choice and pay them because it's a requirement.
This, of course, comes at a time when healthcare funding is at an all-time low, education funding
like we've just been talking about at an all-time low. In terms of outcomes, I should say,
in both sectors, you know, the work I do for Wayside, we're in the midst of trying to expand the
operation. We're having an extremely difficult time getting provincial money.
We need like, we need like $12 million, I think, something like that.
Can't get it.
Can't get it.
They're sending it to Africa.
So can't get that money, buying a jet, whatever.
There's just no other way to interpret these events besides that you're at the end of the empire.
And the people at the top are doing the best they can to ensure that whatever happens
during the gap between the fourth turning and whatever comes next, they have enough wealth
that they're protected, enough connections that they're protected and enough of a community
of like-minded bureaucrats around them that they're protected.
I don't think there's any other rational way to look at these events.
What is the rationale for sending millions of dollars overseas
to countries that have not been able to maintain a well
or that ride around and chopped off jeeps with gold machine guns
or that rape little girls or that are participating in child trafficking
or have populations of people that'll cut your fucking head open
because I think there's diamonds in your brain
or whatever goes on over there.
There's nothing that's going to help them,
certainly not Canadian dollars.
Those dollars would help here.
If we had the wherewithal
and the bureaucratic capacity
to actually distribute those dollars
in a way that made sense,
which we may not, to be honest with you.
It's frustrating, man, as a Canadian,
to keep dealing with this.
But it's not going to stop.
I got bad news.
It's not going to stop.
The liberals are going to be in power
for a decade.
at least.
And you better get used to seeing more stories like this, more announcements like this,
more videos celebrating this, because it's all you're going to get in Canada.
So just prepare.
Prepare yourself.
Oh, yeah.
I certainly am.
Surveillance pricing.
That's making a lot of news in Ontario this past week.
And in grocery stores, there's these digital pricing that enable them to, they could
dynamically change the prices just based on your habits within the store by using the store app.
And we talked about these dynamic prices last week in the UK.
and they have it here in Canada.
So the way it works, for example, you're in Canada,
you have one of those PC optimum apps,
and you have it on your phone.
And just by simply using it
and based on how quickly you scroll through products on it,
or maybe your click history or your purchasing history,
then the app knows they have a profile they build for you,
what you like, what you're trying to do.
Furthermore, then it knows what aisle you're in
if you have the app on your phone
and it has to certain permissions it needs.
So based off that, they're testing out the ability to increase the prices on certain items to see how much you are willing to pay or how much you can pay as a result.
So again, this is another reason to buy and use a device that is much more secure than and fuck these certain apps that they're just trying to fuck you over in the end.
All this comes, we had the stupid decision by Doug Ford and the plane.
He says they're trying to get him to ban this practice, but he says,
is what drives down the prices in the end.
Amazing. Completely clueless this guy.
This is a way to try to squeeze more money from you.
That's essentially what it is.
They're trying to, and this is not just something you want.
This is something you need.
It's food.
Without food, without shelter, you're fucking, you're screwed.
And these bullships practices, these guys should be named and shamed for doing this.
Let's just take us a different step, a different direction.
let's say
what if a black person
was forced to pay more for a product
than a white person in the same fucking store
or vice versa
we would say that is wrong
that is not the way you should be
so when you're forcing one
customer to pay more based on their
habits based on their history based on
what they do that's not
fucking right this is that's not a quality
that you're fucking ripping people off
and people at a time
when they can't get ripped off
they have to bend down even further
and just bend down even more
to just to fucking pay this is fucking bullshit
shame on Doug Ford for saying that
he's not going to intervene on this stuff like
like I said
decisions they make look at the plane
look at this
whatever
he'll be around in power for a long longer I think
or probably another one two four oh for sure
for sure Marie styles or whatever her name is
like again just completely helpless
NDP have no chance the only alternative here
the other other girl
is, uh, who's the new leader of liberals or is running for leadership of liberals.
There's some guy who's got some name recognition running.
I forget it.
It's got an interim leader right now.
Yeah.
They don't have.
So they, they had the pre-Avy Lewis, whatever.
Who the fuck was before Abby Lewis for the end?
I can't, I can't remember.
That's exactly it.
Don Davies was the interim.
And then, uh, there you go.
Don Dave.
Yeah.
That's, that's my point.
I can't even fucking remember that person.
Then I, who do fuck is the Ontario Libre?
Whatever.
Um, okay.
Are you sitting down?
I actually like dynamic pricing a little bit.
And I'll tell you why.
I am sick of going to stores that, I mean, I don't have this now where I live.
So maybe I shouldn't say that.
But like when I go to Costco, I fucking can't stand it.
People don't know how to behave.
They're loud.
They're on speakerphone.
They're walking around in sandals.
They're hitting you with their car.
They got 20 fucking kids.
They're in their pajamas.
Don't want it.
I would happily pay double or triple the Costco.
membership price with the amount I go to gate those people to some other Costco.
And I think that a lot of people probably are starting to feel this way in cities.
If North Coast,
Stony Creek's Costco, Joey.
Yeah, it's better there.
Better than Ancaster.
Yes.
It's a little bit of a drive.
We go there and it's the best, for me at least.
I can't speak for everybody.
But for me, I got to be honest.
I send my wife to Costco by yourself.
Like, I refuse to go now.
Go to Stony Creek.
That's too far.
It's like a half hour drive.
It's too much.
As opposed to?
10 minutes to cost you're talking 40 minutes in total for a much better experience.
Yeah, okay, maybe you're right.
They have way more parking and inside is huge.
The point, I compare it to the Burlington one.
The point, though, is that like there's times where I would pay a higher price to get a better experience.
We do this, by the way, fairly frequently.
40 minutes, that's your higher price for the better.
Yeah, but no, but we do this fairly free.
frequently without thinking about it, right? Like if I go to a restaurant, if I go to a McDonald's,
I actually will wait in my car, pay the cost of gas, pay the time, get the drive through, and
then go eat it at home instead of, you know, spending less gas money, less time in my car
and sitting down eating at McDonald's. Why? Because McDonald's is not a place where it's like
an enjoyable meal, right? I'll pay a little more to go to a sit-down restaurant. Like if I want
to go somewhere in town, am I going to go to quadrofoil or am I going to go to the call-in?
So I want a better experience, you know, quieter, more refined dining experience, both in terms of the food and the environment.
I pay more for the food at quadrofoil.
The idea that people are not already using dynamic pricing, I think, is incorrect.
I will just also note that I can't think of a way that dynamic pricing would work in the current tech stack, the way that people are suggesting.
It's one thing to do jurisdictional pricing.
We talked about this.
The PlayStation Store does this or is starting to do this.
But I don't think you can do it in grocery stores, at least not yet.
Jurisdictionally, you could do it for sure.
Charge a little more in places where the income is higher and send people who can't pay to,
you know, Abby Lewis's government run grocery stores to buy their no-name cheese for a dollar or less while someone yells,
while someone yells in their ear on Bluetooth.
I think it's bullshit that they are charging different prices for the exact same location for different people.
That is fucking bullshit.
Yeah.
If they do that, if they do that, there's not.
evidence that they're able to do this.
This is what they're talking about.
This is what Doug Ford said competition will fucking
that's fucking bullshit.
If it's different locations, I get it.
Wouldn't it work?
If there wasn't stuff like,
what is the supply agreement too, right?
Like if there wasn't stuff like the supply arrangement for dairy,
there'd be way more competition.
You could say to a store, okay, we're going to price the milk at 50 cents less
because this other guy has it higher today.
But you can't do that now,
I guess, right?
Let's go to Brampton versus Hamilton.
Our guy, Twan, 256 heat.
I would say can you hear my heater, but I unplugged it because it's not connected to anything right now.
But next week, I will have it plugged in and you will hear the same thing you hear every week,
which is the silence of the 256 heater.
It is getting warmer now, but it's not that warm yet.
And I also will note that I'm going to have the thing running in the summer too.
I'll just have it running at a lower heat level.
and I'll continue to hash and continue to get my mining rewards from my pool
and I will think nothing of it.
I'll be here in a T-shirt and not worried about anything.
Just crunching numbers.
Trying to make a couple extra stats.
Well,
you're not mining.
I'm in the pool.
I don't care.
I'm past pretending.
But you guys should be doing this too.
And Twan told Len and I that he will negotiate a discount with you if you go to see him
because it is off-season for him.
He's got some stuff he wants to clear out.
And you guys should be in on that deal if you can do it.
So go there, 256E.com, talk to Twan,
and tell him to show you some of the new models he's got in the hopper.
You guys will love those.
The cleanest black box you could ever imagine for a mining unit that also heats your house.
Can't beat it.
So go pay him a visit.
All right.
So we got the Hamilton versus Brampton Man segment.
And a couple of stories.
You have to decide who is the Brampton, who is the Hamilton Man?
and yeah, let's go right into it.
So we have number one.
Arrest made in theft of hurricane relief supplies destined for Jamaica.
And investigators, they arrested and charged a man following the theft of hurricane relief supplies that we're going to go to Jamaica, December 3rd, 2025, approximately 510 in the morning.
A suspect broke into a secured storage facility, and he hitched a trailer with a shipping container and flage.
and fled the area.
Within the container was thousands of dollars of relief supplies,
such as clothing and non-perishables,
which was going to be going to Jamaica after the aftermath of Hurricane Melissa.
And they did an investigation.
The suspect was identified 40 years old.
He is currently on probation for similar offenses.
He must have stolen other things.
That's a good hint there, on probation for similar offenses.
Yeah, he's on probation.
And there you go.
So as a result, $1 million of stolen property.
property was recovered and it's going to be dispatched to Kingston for relief over there.
And there you go.
That's story number one.
Okay.
Story number two, the police are asking for help for a person who is targeting seniors
in trying to identify a suspect involved in a fraud commonly known as the grandparent scam.
September 30th, 2026, an elderly victim received a phone call from an individual believed to be a
grandchild claiming to have been arrested.
The caller convinced the victim to withdraw a large sum of cash to post-bail and
instructed them to not tell anyone because claiming a gag order has been issued by the judge.
So later at the same day, arrangements were made for a courier to attend the victim's
residence and collect the money.
And between 5.30 and 6 p.m., a male suspect attended the residence on foot,
retrieve the cash, and left the home.
And the police are asking for residents in the area to review this.
violence cameras and contact the police if they recognize the individuals and so forth.
This guy, well, I don't want to describe him.
He is what it is.
And he's in his 30s.
That's all I can say.
We have the Hamilton Man.
We have the Brampton Man.
One is one.
One is the other.
Let me know who you think is which.
So it's grandparents scam versus the hurricane relief.
The hurricane relief scam does seem like Brampton Man at first glance.
But you have to, of course, take these stories with each other.
You can't just take them in a vacuum.
So the Brampton Man, you would think, is like, you know, operating in sort of this world of storage units and trailers and stuff.
But also the Brampton Man, not particularly adept at hooking up these things and driving away with them.
The issue, though, the issue though.
Well, well, this is.
Let's go on.
The Brampton Man, I would say does.
The Brampton Man.
Hoking up trailers?
Come on.
Yeah.
Let me tell you something, okay.
The big hint here.
The big hint here.
Come in close.
Come in really close.
I'm close.
The big hint here is that the Brampton man can't pull off a phone scam.
Do you know why?
Because it calls you like this.
You tell you,
the guy,
the guns don't need the money right now.
You can pick you up.
I can get the money today.
It doesn't work.
But it's the grandparent he's going after.
The grandparents know you don't sound like a Brampton man.
My grandparents know how my voice sounds.
So obviously,
the Hamilton man is the phone scammer and the Brampton man is the trailer scammer.
You are 100% right at.
I'm a fucking pro, buddy.
I am a pro.
The hitching of the trailer,
I thought that was the dead giveaway
because let's be honest,
that's kind of their,
you know,
they do a lot of bread butter.
That's their nan and butter.
In India too,
I've been to India.
There is one group of people
from the northern part.
They tend to do most of the driving,
of driving their trucks and shit like that.
And they come really do the same thing.
Yeah.
Yeah, it seems to be,
I don't want to say it's a nubla type of thing,
but it's I don't know for some reason that they just they do it and they do it here so yeah they're 100% correct that's the
hamilton man segment I hope you enjoy that brought to you by 256 he check them out by a unit tell them we sent you let's get out of here good show tonight thanks for coming everyone thanks for stopping in
um we'll be like next week I don't think we got anything else playing this week but who knows you never know we'll come up on CBP so take care of yourselves until next time we see it don't do anything we wouldn't do yeah don't steal a trailer that's going to fucking jama
Thank you.
