The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Canada's Election Night: LIVE & UNFILTERED

Episode Date: April 29, 2025

FRIENDS AND ENEMIESJoin us LIVE on election night in Canada as the nation holds its breath in anticipation of the results! The highly anticipated showdown between Carney and Poilievre has finally arri...ved, and the stakes couldn't be higher. As Canadians head to the polls to elect their new prime minister, the world watches with bated breath. Will Pierre Poilievre's conservative policies resonate with the Canadian people, or will Mark Carney's vision for a more progressive Canada win over the hearts and minds of voters? Tonight, we bring you LIVE coverage of the Canadian election, with expert analysis, real-time results, and breaking news. From the Carney campaign trail to the Poilievre camp, we've got you covered. Tune in to find out who will emerge victorious and become the new prime minister of Canada. The future of Canadian politics hangs in the balance, and we're honored to be your trusted source for election night coverage. So sit back, relax, and get ready to experience the thrill of democracy in action!Joey, Len, Mark Jeftovic, Francis Pouliot, Tom Karadza and Boomer The Broken Ruler cover the election LIVE and discuss all the policies that matter to Canadians, as well as the impact on Bitcoin!From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord:   / discord   A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - ⁠⁠www.easydns.com⁠⁠ EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠ The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above 25% of fees FOR LIFE, and take advantage of all Bull Bitcoin has to offer.

Transcript
Discussion (0)
Starting point is 00:00:00 the election night. Friends and enemies welcome to the CBP election night. Special I pulled the rug on here a little bit because I'm going to read the ads we can really get started seven I have the second
Starting point is 00:00:20 screen up. I have the votes rolling in ready to go we're going to be talking about all things election. I want to, before we read the ads, okay, because I want people to hear this lens here now. I want people to hear this, okay. From 2015 to 2024 Canada's GDP per capita grew by 1.4 percent. That's not 1.4 percent per year. That's in total second lowest in the OECD. Even the UK beat us. The UK only a few spots ahead of us. Obviously the two jurisdictions that Mark Carney had some stake. The OECD projects that Canada will have the lowest growth prospects of any country among its ranks until at least 2060. 82% of new immigrants to Canada agreed that Canada has accepted too many immigrants without sufficient infrastructure or housing. 42% of new immigrants to Canada said
Starting point is 00:01:00 they would consider leaving Canada. Immigration from Canada, citizens and permanent residents was 106,000 in 2024. That's the highest figure since 1967. Last year 23% of Canadians expected to have to use a food bank. There were 2,271 drug overdoses in BC in 2024 alone. That's half as many as in England and Wales with only one-tenth of the population. From 14 to 22 the homicide rate in Canada increased 53 percent. 63 percent of Canadians who don't own a home have given up on ever owning one. Canada's population under the age of 30 is the unhappiest in the G7 and 58 internationally. The total value of Canada's residential property market is three times our GDP. Canada is 29th out of 38 in the OECD for labour productivity. At least 15,474 people died in Canada during
Starting point is 00:01:54 fiscal 23-24 while on a surgical or diagnostic wait list. There were 80,000 people homeless in Ontario last year. 65% of Canadians say they are choosing to have smaller families because of financial concerns. Canada's birth rate is at the lowest point since that record began being kept. There is no constitutional right to health care, but there is now a constitutional right to euthanasia. 15,000 people use that constitutional right in 2023 and the gap between Canada's economy and the US economy is the widest in almost 100 years. That's from you Ywany Z on Twitter Len. Welcome, wanted to get that out
Starting point is 00:02:31 there so people have the information. What's going on buddy? Good to see you. Come on, you're just rhyming off all these statistics. Going hard. Yeah, well what could you say? It's been an interesting few years for Canada and then we got an election today. This is for sure. Let's let's do the ads quick here because the polls are closing now on the East Coast. Easy DNS is the main sponsor. Mark has been a friend to the show for many years and a partner for more than two or three now. Best place for you to host your content. If you are looking to start a website for your business and you want something secure for a couple extra bucks you can grab Domain Share.
Starting point is 00:03:06 Don't forget. You can make sure that your info, your mailing list, all your data is safe and that you're not going to get rugged or spoofed by some nefarious actor. We talk about those all the time on the Accessive Easy podcast. VPN or sorry, VPS options, virtual private server options for the Bitcoin enthusiasts as well of course. B2C Pay server, Nostra Relay, Bitcoin Node. You can do all that stuff with Mark over at ezdns.com. Use the code CBPMedia. Get 50% off your first round of buys.
Starting point is 00:03:33 Len, who's the other sponsor? Well, Bull Bitcoin. And you know what? Bull Bitcoin is going to be having a new website momentarily. I'm not sure if you checked out their website today, but it was down for maintenance because they are going to have a brand new spanking brand new website That's I believe available already in other parts of the world Just Canada is lagging but we'll have that momentarily
Starting point is 00:03:52 Well Bitcoin a great place to buy Bitcoin bull Bitcoin a great place to sell Bitcoin On-chain fees are starting to go up slightly So you may want to consider not just buying on chain but lightning or you know still on chain is chain is cheap, but the option exists for lightning, different options you could do with your Bitcoin because look, it's not simply just buying and holding onto it or selling it. You could also use it to pay your bills. Look, boomers here in the chat, maybe he has a delinquent bill that he has to pay off and you could use his Bitcoin to do so and bull Bitcoin. You could use their bill service to do that.
Starting point is 00:04:23 Also, you should be buying creatine. Well, that's what I don't know if they have the GNC gift cards available on full Bitcoin. But if they do certainly use that to buy your gift, buy with your Bitcoin. So that way you can start spending your Bitcoin indirectly in the real world like that. But you could use Amazon, you could buy Amazon cards and stuff like that. So like Starbucks, Home Depot, Amazon, maybe not. But Home Depot for sure, because I've used that in the past. But yeah, check them out.
Starting point is 00:04:48 If you haven't opened an account, do so. If you do that, then 25% will be taken off your fees in perpetuity, right? Like, might as well do that. And they're non-custodial. They rock. Where should we start? Welcome to the few hundred people listening, watching.
Starting point is 00:05:03 I expect more people to be coming in. All-star lineup tonight. Boomer, obviously. Huge numbers on the squat rack, it looks like today. We'll be joined by Brad Mills, Tom Karadza, Mark Jefdivic, Len, myself. Am I missing anybody? I must be missing someone there, right? No?
Starting point is 00:05:17 Yes? No? Rosie's not coming? Rosie Barton is busy, it looks like. I did extend the invite, but she appears to be on my second screen here. So she's obviously not gonna be hopping on for a quick discussion or debate. This is a big election. I know we've said this before, Len, and I know, Boomer, you're in the same boat.
Starting point is 00:05:37 It's like, people don't realize that in this election, you're, as I mentioned in the intro, you've gone down this road for 10 years. As I tweeted earlier, the man with the resume has overseen the UK, which last I checked was in the bottom half, bottom third of the OECD GDP per capita, and Canada obviously second last behind Luxembourg, as Rich Diaz likes to say say a place where there's no people just castles and assorted rabbits and whatnot so you know we've gone down this road for 10 years I think it's time to change but honestly I'm not
Starting point is 00:06:13 sure that Canadians feel the same I don't think that it's because they don't realize there's a problem I think that it's because they have been insulated from it enough to think that Trump is a bigger issue than the problems at home. Do I have that right? Boomer. Yep. That's my thoughts. Exactly. It's amazing how big of a role Trump has played in this election campaign. And it's almost like the conservatives played prevent defense. I know you guys are mad in players. When you play prevent defense, you always lose. You always lose. And that's exactly what the conservatives did from the
Starting point is 00:06:50 beginning. They were playing this prevent style defense and the liberals came in there and stole their talking points. Yeah, totally agree. Len, will you come down? Before we go any further, I just want to ask what role did Mark Carney have to play in the Bank of England and boosting up or bringing down their economy? Because I'm curious, what is the role of a central banker and how influential is that role in moving the economy along? Is he just a figurehead? Is he just a side piece to the elected government? Is he the person or she the person that spearheads it all? That's what I'd like to know. I'll give you an answer and then I'll pass it to Brad. I think that to find the answer to that question, look no further than the successes they take credit for if you want to know what blame they should take for failures.
Starting point is 00:07:37 And Tiff Macklem celebrating, you know, hope you guys enjoy this moment, blah, blah, blah, when he lowered rates. Certainly in the States, we saw Jerome Powell on the cover of, I think, GQ, you know, the best central banker in the world, whatever the story or the headline was. Whatever they're willing to take credit for, they should also be willing to accept blame for. And I think that's, you know, Carney, looking at those two jurisdictions, the UK and Canada, hardly any two on that list have done less with more than those two jurisdictions. Brad, what do you think? You think, what's his face? Carney has a role to play or some
Starting point is 00:08:16 blame to take for the position that Canada and the UK, I guess, are in right now? You're muted. You better unmute first. You got a first time. Can you guys hear me? Yeah. Oh yeah. How do I use this thing? Yeah, I just had my servants install this. I don't know how to use it. But no, I'm not as much of an expert on what Mark Carney did when he was the Bank of Canada or the Bank of England governor, but I think, Len, it's a fair question. In general, what role do the central bankers themselves have to play? I don't know if they individually have any kind of real blame. I mean, they're all like group think. They're just like the exact same as the experts during COVID that were recommending the consensus,
Starting point is 00:09:14 you know, scientific answers of wear a mask, don't wear a mask, vaccines will prevent you from getting COVID. It's just like the same group think. And there's a revolving door that goes between the university system to train economists up, Wall Street, government, and the central bank. So like, these people just kind of like circulate in and out of all of the places that print money.
Starting point is 00:09:46 So it's just, they're all Keynesians. They all believe that they can, well, they're not even Keynesians because Keynes, Keynes advocated for saving money during good times so that you could have a war chest to support yourself during bad times. They're like just print moneyists. So I don't know, like Carney is just one of those people,
Starting point is 00:10:07 but the really concerning thing about Carney is that he's, he's like a Bitcoin maximalist in that he's a environmental maximalist in that he's out there going to Davos, going to WEF and pushing these ideas for carbon markets and pricing on pollution and creating, he's actually like at Brookfield, he was creating market making basically creating products for trading, you know, volatility, you know, the same gambling Wall Street nonsense
Starting point is 00:10:45 that you see that, like, he's weaponized that and taken it to BlackRock and taken it to Vanguard and integrated at Brookfield. And he's like out there pushing for these radical environmental policies to become adopted by Wall Street because they can make money off of it. So not only is he a central banker,
Starting point is 00:11:04 but he's like a nihilist, uh, central banker that believes the only that capitalism is not good and like, you know, humans are not good really. And the only way that we can save the planet is through what he believes is like pushing forward these, uh, and on oil and bands on even stuff like nuclear like they don't even want us to use nuclear power it's just all this green energy stuff so nothing wrong with that if the market makes it come up on its own but anyways I just think he's dangerous because he's been you know his
Starting point is 00:11:42 resume looks so impressive and that oh oh, he's a central banker. Yeah. So anyways, that's my long answer to that. Boomer, why don't you take it and then Len, you can give the answer to your own question after that. Aren't a lot of those arguments kind of falling by the wayside though, like the environmentalist stuff. Like, Jesus, like today, as we speak today, do they have power in Spain and Portugal right now? Is there electricity? I don't think it's there right now. No. at that! No, there's not! It's falling apart. The European
Starting point is 00:12:12 Union looks like it's falling apart and we're going to potentially elect a prime minister who's the closest thing to a European that we've ever had as prime minister. It just seems weird to me. Well, yeah, anyways, I'll let Len go because you said Len's next. No, I want to go back to the Joey's answer. Joey danced around it. You gave a lot of a lot of words there, but you didn't really answer the question. I don't care about taking credit.
Starting point is 00:12:39 I want reality. Do they yes or no have a lot of power? If so, why? If not, why? Yeah, I think they do because they decide which assets, which people, which demographics pay the price for mistakes that in every situation are not the mistakes of that demographic or the people who hold that asset. I think about the OA crisis, You know, Wall Street goes tits up on the back of derivatives, on derivatives, on derivatives of dogshit mortgages that are famously held by strippers
Starting point is 00:13:12 who are paying in cash for homes in the warmest states in the union. And a lot of people paid the penalty for that risky behavior, but it wasn't the people who were perpetrating the risky behavior. And so, yeah, so I think, I think he, I think central bankers in his case, especially, uh, should bear some blame the brunt of it.
Starting point is 00:13:31 I don't know. Is it entirely his fault? Of course not. No, no, but he's, but he's dodging that history in a major way and getting away with it. I think what could he have done in a way that was different. Now let's go back in time where you had the United States bail out some banks. You had the United States pick up a lot of the debt from the car makers, two of them specifically, bought shares in a new GM and Stellantis, what the heck it was called at
Starting point is 00:13:57 that time. And Ontario at that time and still does have a very robust and thriving, quotes, car maker sector, car manufacturer sector. So what would Canada do at that time when you had the federal government following suit, the Ontario government following suit what was done in the United States? Why wouldn't the Bank of Canada do it too? It just followed a leader at that point.
Starting point is 00:14:19 Now, one can make an argument, you need somebody maybe to go away from the, not be a lemming and do something else, but the reality is this is typically what's done in the job. What's being done in the United States Bank of Canada tends to follow suit. So is it really that I'm not trying to defend him. I'm just trying to say the reality of it. What role like how much power does the central banker have in picking up making the economy run in all cylinders. I think a lot has to do with the political climate that drives the majority of it. Canada and bank central banks do some of it, but the majority of it is done by
Starting point is 00:14:55 the, uh, done by political class. It's a fair point. Maybe we can, we'll use that to segue to, you know, the, the liberal campaign since this is going to be a political show. And Brad, you've done quite a bit in terms of campaigning. I see you knocking on doors with, I think, both parties in your area. I'm not sure if you did it with both parties, but I'd be curious. Where do you think the liberal campaign scored points with the Canadian electorate outside
Starting point is 00:15:20 of the Donald Trump thing. Uh, honestly, in my, in my writing, it was there literally just running a brain damage guy that he was running off Mark Carney's brand, like literally, I'm not even joking, the guy was like actually brain damage and I went out door knocking with him and he was just like right away, he was interested in Bitcoin actually, thankfully, cause I'm part of the Bitcoin coalition of Canada and we're trying to educate in a multi-partisan way. So whether you're brain damaged or conservative,
Starting point is 00:15:57 I'll talk to you, right? So he was interested in talking to me about Bitcoin and that was cool. He was interested in gold and stuff, but then he was like just right away right out of the gate. He was like, don't you love Mark Carney? He's the smartest guy in the world. You haven't been to Harvard. Have you? He's the smartest guy in the world. He's gonna save Canada. And literally like that was our conversation for like four hours that I was with the guy. How long were you with him? We were out for about, you know, I'd say three hours is how long we were out with.
Starting point is 00:16:29 And a half an hour of that was this guy didn't even know how to use the app that they use for canvassing and he, you know, he only had one other volunteer with them and that guy was working, he was off working doors and the MP candidate was, you know, he's a boomer and apparently he worked with the CCP or something in the past in China. I don't know like the whole story there but he's not from this area. He's kind of like a half an hour away outside of the riding
Starting point is 00:16:57 and I guess probably couldn't run in his riding. And then since this is usually such a safe area they just kind of threw whoever on the ballot here. And yeah, so I think I got a bad experience, a bad taste of the Liberal Party's ground game in this riding. But honestly, guys, like so the way that yeah, I went out door knocking with both parties. And I didn't think that the way that this went was you knocking the door and you just right away want to know who's the supporter or not. I thought what we were going to be doing was going to get into like Ripple versus Bitcoin
Starting point is 00:17:34 debates at the door. I thought it was going to be like, why aren't you voting for conservative? And what's your main thing about, why aren't, you know, what's your main election point? And oh yeah, well, this isn isn't right and you don't have this right information and I thought we were going to be kind of debating at the doors but actually what it is just to get out the vote strategy so they just want to like efficiently use the resources they have to get out the vote so they just go and they identify as many people as possible that are already supporters and then they just concentrate the volunteers and the resources to go make sure those people vote early and then they update their apps that show who's a supporter,
Starting point is 00:18:10 who's not a supporter so that next time it's more efficient for them to identify support. And they're not really doing too much like negotiation and debating at the door. Now with the liberal guy or so with the conservatives it was a really organized ground game. They had like seven or eight people out knocking, they were pretty organized. They were doing that. They were just right away trying to find out, are you a supporter?
Starting point is 00:18:34 If not, they're moving on. But when I went with the Liberal guy, it was like, you know, I told this story in another podcast with the guys the other day, but it was like one guy, it was an Indian guy answered the door. And so my MP goes, or MP candidate, he's like, hey, I'm here with your, I'm your local liberal and don't you love Mark Carney?
Starting point is 00:18:58 Do you wanna vote for Mark Carney? Do you wanna vote for me? And the guy goes, no, no, no, no, no, thank you. No, no. And then, so he's like, Oh, you don't speak English? Okay. Okay. See you later. And then we're walking away from the door and he's like, yeah, that guy's that guy doesn't speak English, but we let him in. So mark him down as a liberal. Really serious. And so that happened probably like four times when I was with the guy where clearly people were giving them the message that they're not going to vote for him.
Starting point is 00:19:27 Like one guy literally said, I'm not into politics and I want to keep it that way. Thank you very much. And the guy's like, all right, no problem. But hopefully you love Mark Carney as much as I do. You have a nice day. And then we walk away. He's like, put him down as a liberal. Wow. So that happened a lot. Do you want to name the candidate Brad? Like this. No, I don't, I don't, I don't want to, man. I don't want to, but I got a bad taste for what the liberal ground game is like.
Starting point is 00:19:53 I'll tell you, but I really wanted to try to do it again. And I wanted to go with an NDP and I want it to go with a more organized liberal writing to see what it's actually like. Cause I got, I got a comedic take of what it's like to go north with a liberal. But we'll see how the ground game turns out for them today, I guess. I, you know, in my view, there was very little ground game around me.
Starting point is 00:20:15 I am a probably orange red riding, let's say here in Dundas. The only people that came to my door were conservatives. And I spoke to them for a minute maybe, between the newborn and the dog, and they just asked if they could put a sign on my lawn. And I told them, I'm gonna vote for you guys, so is my wife, but you can't put a sign up
Starting point is 00:20:34 in this neighborhood that's blue. And they said, we've heard exactly that answer a bunch. And it reminded me of 2016 when polling was all Hillary and signage was all Hillary, but the sort of like broader conversation was at a point that I think we were at, maybe a little bit less teeth obviously here, but this idea of elbows up,
Starting point is 00:20:59 we have to unite against Trump and Carney as the guy to do it. I think a lot of people say that at dinner parties, but I'm not sure they believe it in the privacy of their own home. And I really hope that that's the outcome tonight. I'm kind of looking at this vote total here. The votes from the East Coast are starting to roll in. Conservatives leading in two writings. I'm just going to read these out once every so often for the audio side or the Twitter spaces side and liberals leading in one riding so far. So now to give some context here, back in 2015, if you recall, there was an absolute sweep by the liberals and that started the whole red wave for
Starting point is 00:21:33 them to become, uh, get majority government that time. You're talking about an East coast. There's a sweep. Yes. As soon as the polls closed, they reported, uh, who was elected or projected to windows writings. it was a clean sweep every writing in the East coast in the maritime. Should we do predictions before we start getting into the East coast writings? Yeah, sure. I mean, I think I'll tell you, I said last week on the show, I thought liberals are going to get a majority. I see the polling tightening. I will disclose that I bet $200 on Poliev winning the election. Doesn't matter minority. No, no, no.
Starting point is 00:22:07 Allegedly you bet $200. That's right. It's an alleged bet. Yeah. I don't want anyone knowing that I actually bet. Certainly I did not do it offshore in an illegal manner. And nor would you use any currency. I think you'd pay money, monopoly money, something like that, right? If you were to do it.
Starting point is 00:22:22 Where do you put like that, right? If you were to do it. Yeah. So where do you got your, where are you putting your chips on? I've said it for several weeks now that I think that it's going to be a conservative government. Now, initially I said it was going to be a conservative majority. I've changed my tune. I think it's going to be probably, if anything, it's going to be one way or another, but I'm going to stick, it's going to be a minority for the conservative party. Mark Carney did a masterful job to call the shortest possible election, I think, is 37 days, in which you could do so. And he rode this honeymoon period for as much as he could.
Starting point is 00:22:55 And you could see the longer this campaign goes based on the way the polls are going, it's to the detriment of the liberals and the conservatives are picking up. It's almost like what happened in 2015 where Harper picked the longest election possible. And if they picked a shorter election, the conservatives would have won. But because they went long, eventually their lead was eroded
Starting point is 00:23:14 by the liberal party and they won. So this time around, Carney did the right thing, capitalized in the honeymoon period, make it as short as possible. And they have a shot at winning it, but I'm still going with the conservatives but with the minority. Boomer.
Starting point is 00:23:25 I gotta agree with Len I suppose but I think the block is gonna hold a lot of power after tonight and and I think that it's gonna be all all good for a little while between the conservatives and the block but I wouldn't be surprised to see the liberals in the block getting closer and closer as time goes by. And we might not, we might, we might be here again very soon. Okay. Brad, what do you got? Well I'm team NDP as you can see here. So I think a NDP majority and here we go fellas. No,
Starting point is 00:24:03 I think what I think is I mean I'd like to see all of the leaders lose their seats except for Pierre yeah majority conservative government NDP loses party status block major gains in Quebec and the Liberals take a big trcing. That's what I think is going to happen. But we'll see. Wow. You see, because I think a lot of that conservative majority, I think a lot of the liberals, I think the block's going to take a lot of the liberals in Quebec and the NDP are going to give a lot to the liberals everywhere
Starting point is 00:24:36 else, but I, you know, I think that the, the conservatives are going to win the popular vote if there is such a thing in Canada and get a majority. I want to ask you guys, I mean, we've all been watching Pauliev for a few years now because of, you know, what turned out to be a pretty famous video for some good and some bad reasons of him and Ali smoking hookah, I think in Ali's living room, if I have that correct, mentioned by Trudeau during the last election campaign, you know, if you had opted out of inflation with Bitcoin, you would have been getting your dick kicked in or I don't think he actually said dick kicked in, but he meant that.
Starting point is 00:25:14 Word for word, that's exactly what he said. Yeah. And, you know, now, Poliev went from maybe the most obvious, you know, next prime minister of a country to on the bubble in a lot of ways. We talked a bit about the Carney campaign and the liberal ground game. Let's talk a bit about Pierre. Where do you guys think he went wrong, especially since the Trudeau resignation?
Starting point is 00:25:36 I think that's probably, you know, ground zero for when that campaign either failed to pivot, didn't want to pivot. Maybe you guys feel differently. Len, I'll start with you. What do you think the blues, where did they go wrong? What did they do right? That's the question I would like to ask. And that alone will answer my question. I don't even know what they did right. Yeah. What did they do at all? I think they played the Canadian politics game for what it is which is unfair at the moment because you get most of the boomers watching CBC and believing everything they see on CBC and then a lot of left-wing media coverage everywhere else so I mean like
Starting point is 00:26:18 he can't go on Joe Rogan without having CBC turn it into a Trump thing. He can't talk about Bitcoin without CBC and the liberals turning it into a Trump thing or an Elon Musk thing or a right wing thing. So he can't talk about the vaccine passports. He can't talk about mandates, the convoy. But if you're following, like I tried to get as close as I could without spending all of my time on politics to MPs and people in a circle and you know I went out to the the conservative conference and where I met Boomer a couple years ago and you know I met a bunch of people on the inside of the party and like the conservative media people.
Starting point is 00:27:10 And I met Pierre's security detail and I kind of had long conversations with people like directly in a circle. And I think he really does, he is in alignment with all of these things that we're all kind of in alignment with, but he's playing the game that like most of the Canadians that he's seeing at these 100 plus rallies he went to all across the country. They don't their number one issues or their big issues aren't Bitcoin vaccine mandates and passports, their issues are like their housing is a crushing crisis for them and they're, you know, like they're having major living issues, you know what I mean?
Starting point is 00:27:59 And so it's like, that is what he's trying. He's playing like a populist game a little bit, but it's not like a bad thing. It's. I think he really does have reverence for the position of prime minister of Canada, where maybe a lot of us don't really have as much respect for the idea of like, we are, you know, this, this crazy political system that we live under where like Jagmeet can hold the country hostage for three years. Yeah.
Starting point is 00:28:33 Like I don't have much reverence for that sort of political system, but Pierre seems to really deeply understand the people that are going to vote for him. And they're playing a game where they know that they got one arm tied behind their back or maybe two with the CBC being completely left bias. And they were hyper focused on the message that resonated with the core Canadians that are sick and tired of the inflation and the housing crisis and everything else.
Starting point is 00:29:00 So I think they played a really good game and we'll see. We'll see. Let's get Francis in here. Francis, we're just talking about how Pierre was a shoe in, like, I don't know, three months ago, and now is on the bubble. What did that campaign do wrong? This is an all time sort of ball fumble
Starting point is 00:29:17 if they end up losing tonight, I think. Yeah, I think the number one thing was that the entire campaign was based on the carbon tax. I think for like a year we just heard Pierre, the main substance was like axe attacks. And then all the liberals had to do was to also axe attacks and then sticking the wind out of Pierre's campaign. And the other one was obviously heavily geared towards I'm not Justin Trudeau, so of course
Starting point is 00:29:49 the liberals also took out Trudeau. So there was not like there wasn't like a lot of substance to Thiers' campaign. I think there was some you know there was some kind of you know free market energy you know deregulation and you and cutting wasteful spending. But it definitely lacked a strong identity, like for example, the Trump campaign had with the MAGA movement and the Agenda 2025, which wasn't really Trump's position, but Trump had a very clear, strong vision and message,
Starting point is 00:30:24 and it was inspiring. So, 12 years campaign was not really inspiring. It was very technical. We're going to cut this, we're going to cut that. So, just overall, just a very boring and very underwhelming campaign that lacked a strong sense of identity. I don't think anybody was super excited about, you know, Pierre's vision, other than we've had 10 years of Trudeau mismanagement of the economy. And also like mismanagement of the economy wasn't what was like Pierre's main argument too.
Starting point is 00:31:00 It's like the liberals mismanaged the economy instead of, you know, we are living under a socialist regime and we need to have something that's like closer to like a revolution in Canada where we're going to take down the establishment, we're going to destroy supply management, there was no like doge agenda also to peers, so all they have to do is like change the management team, right? Oh, so you know, you're accusing us of having bad management, let's just get a good manager with the same regime and things are going to be much better. And you know, to Brad's comment,
Starting point is 00:31:35 like Brad's right, you know, like, I wish here, I've been a little bit more like the PPC, they didn't he didn't talk about immigration at all. I wish Pierre had taken cues from the PPC, like we're gonna stop immigration, we're gonna reform supply management, and some more drastic changes, but politicians optimize towards the normie middle ground voter. So yeah, and I don't know if you guys
Starting point is 00:32:03 already mentioned that, but Pierre did not mobilize one of the larger contingencies of voters, which is probably closer to the middle than most people think, which is crypto holders. A lot of people might think that, yeah, sure, like big corners are already voting for Pierre because they're all, you know, carnivore, redneck conservatives. But there's a lot of like Toronto, you know, middle class normie types, probably liberals that probably have, you know, some Ethereum bags or some Shenzhen coin bags as well. So that's probably I don't know how much, but I'm guessing
Starting point is 00:32:42 I'm guessing a couple hundred thousand voters probably could have been swung with a pro Bitcoin or pro crypto stance. And I'm not talking about like an SDR, I'm talking about just mentioning the word Bitcoin positively could have shifted. So yeah, it would be the biggest fumble for any election that I've ever seen. I've never seen a larger fumble in my entire life. And I've been following politics for quite a while. Um, you often see, you know, you'll see like a, you'll see like a 10 point swing or eight point swing in like three months, but what was Piers polling swing?
Starting point is 00:33:22 Something like, I don't know, like 15 or something or 20. Yeah. I got to give credit to the Liberal Party because the reason being six months ago, fuck, even two months ago, if anybody said that the Liberal Party would have a chance this election, somebody would have said that you're fucking nuts. We were about to say that. But now look at it. There's a fighting chance that the liberals
Starting point is 00:33:46 can form government. And how did they do this? Switching leaders and tweaking a little few little things here. And that was enough to get them to this point. The liberals that did without doing very much a masterful job of coming back, I would have never expected them to do so. But they came back from the dead. And here they are potentiallyentially. I mean, they're professionals. You know what I mean? They are full-blown certified sociopathic psychopaths. They've got a well-oiled machine. They own the media. That's the main thing about this whole election. It wasn't the conservatives main thing about this whole election. It wasn't the conservatives did anything bad. It was that the media totally threw their weight behind Carney. And they were able to paint Pierre with all the worst parts of Trump. Yeah. And the conservatives never capitalize on any of the best parts of Trump,
Starting point is 00:34:38 which maybe they could have here. Well, that's debatable. See how it happens tonight. I still think that like the polls are not right. And because I went out door knocking and because I've been paying closer attention like on the ground more than most people, I just, I don't see the polls as the way that they're being reported. Like I was talking to a lot of people.
Starting point is 00:34:59 The only people that had such strong views about the liberals and showed up in the polls was like the boomers in my life and my Facebook friends, but like everywhere else. We should talk about the polling a little bit. You know, Nanos, we covered this on the show maybe two weeks ago, and I think Nanos, popular pollster, there are others as well, but we focused on Nick's methodology. He's oversampling the 55 and up crowd at a four to 1 ratio when you compare it to the 18 to 35 crowd.
Starting point is 00:35:29 Now, now, a pollster would say that that's actually not an oversample. It's representative of the likelihood that those two demographics go to the ballot box on election day. I think that I agree with Brad that there's a lot more people between 18 and 35 who are fucking pissed. They're pissed that every restaurant they go to is staffed by an Indian immigrant. They're pissed that every time they go to buy a house it sells for 20% above ask. They're pissed that their kids can't get jobs. They're pissed that their neighbors are all you know driving expensive cars and going on vacation three times a year after working for 30 years at a steel mill. And whether they're right to be pissed at those things or not isn't part of the debate. It's that if they're pissed enough they'll vote in numbers that we
Starting point is 00:36:12 haven't seen for a long time and I think that the you know on the high end you might expect 70% turnout in the country that's very high end that'd be the highest in several elections but you know I don't know what you guys think about that. Maybe then we can go to you. The polling. Worth people's time, not worth people's time. Brad obviously talking about, you see something different on the ground. What do you think about polls? You've been in politics for quite some time yourself. I think there's some value there. It's not the be all and end all, but it certainly gives a trend where things are going. It also gives the candidates a good idea how their policies are resonating
Starting point is 00:36:48 with the voters themselves. So the polls, I mean, what I like about 338, I'm going to take this a little direction, rather than taking one particular poll, 338 gets the aggregate of them all. And so it tries not, if one is skewed a little bit higher than the other, it will take into consideration, but it's not going to be moving it that much. So I just wanted to give a shout out to 338 in terms of their polling. But yeah, with respect to it, hopefully, it doesn't influence people a lot because for the majority of the election, actually all the
Starting point is 00:37:19 election, it was showing the liberals as a majority government. And if we just go on that, people are just probably going to stay home while liberals are going to win. And that's that. If people want to have their voice heard, the only option they have is to go out and vote regardless of what the polls say. Yeah. Boomer. I think the conservative voter are more likely to go out than the liberal voter. Like, I think the people that are voting for Pierre, like really want to vote for Pierre and the people that are voting for
Starting point is 00:37:44 are voting for Pierre, like really want to vote for Pierre. And the people that are voting for Carney other than, you know, the some of the some the boomers, they're just because he's not Trump. That's why they're voting for him. So I think they're less likely to show up. So I think that that might be a good sign for the conservatives to win. And going back to what you said earlier, Joey, about the signs, putting the signs on your yard, being afraid to put a conservative sign on your yard. I think that polling has a lot, is that mindset is in the polling as well. How many people, households are getting polled
Starting point is 00:38:17 and it's a 55 year old couple, man and a woman that live there, and the woman answers the phone for the polls and says like, we're both voting liberal but then when her husband goes to the poll he's putting an X next to the conservative. How much of that are we seeing? Like I'm dead serious. I think we're gonna see a lot of that. So I wouldn't be shocked. Like look if there's a conservative majority tomorrow I wouldn't be shocked at all,
Starting point is 00:38:46 despite what the bulls say. Sure. Francis, you're nodding. Yeah, well, I do think there's historically a little bit of a bias against just conservative movements and polling historically. If you look at, you know, the Trump 2020, Trump 2024, Brexit, and so on and so forth. And part of that is what you guys were saying about a lot of conservatives have a tendency to be a little bit shy about being conservative because it goes against the narrative. But I think the polls are by and large, relatively accurate. I think it's going to be really close. You know, if you look at just margins of error. So if you look at a site like 338, 338 is a poll aggregator and you have, I don't know how many different pollsters on there, eight or nine mainstream pollsters. Some of them are absolutely always with a
Starting point is 00:39:37 liberal tendency like LégerPoll in Quebec always has like, but they are relatively accurate but there's always like a liberal tendency. So you're talking about a margin of error of, you know, three to five percent with a bias margin of like two to three percent. So like, there's, there's like a seven to eight percent possible gray zone there, which we are like in right now. But you know, when Carney was pumping and people were saying all these polls are fake, no, you can't fake going from 21% voting intentions to 45% voting intentions.
Starting point is 00:40:14 That's just not possible to be consistently fake across 10 different pollsters over three months. I do think that the polls are a little bit biased right now. Like, you know, if you look at the three-third projections, they were putting the conservatives at like 2% chance of winning. Now it's at 10 or 11 or something, but like a couple weeks ago, they were putting it at 2%, whereas polymarkets bottom was like 17%. So, you know, if I have to put like odds on it, I think it's closer to like 60 40 towards liberals. That's why I actually I'm like on my phone right now, refilling my polymarket account because there's there's a specific specific bet, which is I think the conservative minority
Starting point is 00:41:02 government was at 15 cents today. Wow. I thought that was pretty good odds. Pierre was at 23, but I don't think Pierre is going to get a majority. So if you think Pierre is under sold at 23, then conservative minority at 13, 14 cents was a pretty good bet.
Starting point is 00:41:19 And this is my first polling market adventure, by the way. Really excited to be gambling on elections. The first time I actually gamble on elections. Usually what I do in elections is like American elections. I just go long or short on Bitcoin. I don't go short on Bitcoin because I don't short the coin, but just go long on Bitcoin. So, yes, it's pretty exciting.
Starting point is 00:41:42 I do enjoy having a little bit more than just emotional skin in the game for this election. I'm getting a little bit of butterflies. It's great. Should we, I mean, Brad, you and me were talking about this morning on Twitter about what Poliev should have done with Bitcoin. You mentioned the crypto thing earlier. I think there's some value there. I don't know.
Starting point is 00:42:03 I kind of look at this through like the difference between like an Isaiah's job type candidacy and campaign and a Big Ten campaign or candidacy. And you know when I think about Poliev, he really got a lot of us to pay attention to him specifically and maybe politics in general thanks to his embrace or at least semi embrace of Bitcoin years ago with with Ali and you know a few of you guys have met him over the years and you mentioned you kind of you know adjacent to his inner circle didn't mention it at all during the election saw the price rip to whatever it is right now 130 140k
Starting point is 00:42:37 Canadian his opponents have not been shy about mentioning it I mentioned Justin Trudeau talking about how you would have been nuked, basically, if you had followed his advice and opted out of inflation. We've all seen that clip when the price is in the tank after the FTX debacle, I think. What was the right thing to do with Bitcoin? I think my view is that I would have liked for him to speak more about it and if not support it outright, then say something like the reason Canadians are looking at this is because they're feeling pain.
Starting point is 00:43:05 It's just another signpost. It's another indicator that these people are looking for a way to better their situation that the country is not showing them. We have to change that. That would have been my suggestion. But Brad, we'll start with you, I guess. Where do you think he should have gone with it? Should he have mentioned it at all?
Starting point is 00:43:18 Brad Sparrow We'll find out tonight. But I think if he wins tonight, then it was probably the right move. If he wins tonight then it was probably the right move if he loses tonight then it's debatable whether or not he should have been more pro Bitcoin and had had a made that part of the plot the platform I don't think it's his fault I think it's our fault. The Americans did a lot of groundwork to get that to be part of the election as a policy issue. And like they got the Satoshi Action Fund, Bitcoin Today Coalition, BPI, and they raised tons of money for all the different candidates and for Trump
Starting point is 00:44:11 directly. So they got that on the ballot as an issue, right? They earned, they did the proof of work. You know what I mean? That's the proof of work. They did the work. Where we didn't do the work as much as like just generally Canadian Bitcoiners. If we wanted to have Pierre feel comfortable to stick his neck out on Bitcoin, I feel like
Starting point is 00:44:32 we needed to be out there a lot earlier and like all through the last three years, it was like fertile ground for us to go. But unfortunately, the bear market hit us and then everybody kind of got distracted with their own shit, right? Like we're all trying to survive this, right? So during the bear market, it was difficult because then people don't really want to talk about it that much.
Starting point is 00:44:53 It's not as easy to get the doors open. I mean, when the price was running in 2022 and it was like the truckers were getting money raised in Bitcoin, I was talking to the conservative media about it a little bit and talking to the political insiders that were more interested in it. But when the bear market hit and then it's like all of a sudden CBC is saying that this is right wing and this foreign financing and you know it's like they got to make a game theory decision. And I feel like there was a chance that we could have made this part of the policy like to show them like we're back benching for you, like we're out educating all the MPs and we're out educating the media, which is
Starting point is 00:45:29 what I wanted to do with the Bitcoin Coalition of Canada, which I still plan on wanting to do that. I still want to do that with the Bitcoin Coalition of Canada, but I think we could make it an item next year. The thing I did discover though, if we want to have Bitcoin as part of the conservative policy or the liberal policy or the NDP policy, whatever it is, the way it works in Canada is a little different than in the States. I mean, a lot of things are different in Canada. Like you can only donate a maximum of $3,500 in an election year to Pierre's party. There's three ways you can donate in Canada. To the EDA, which is like the Electoral District Association, to the MP, and to the leadership candidate in an election year. So it's like basically $3,500 a year that
Starting point is 00:46:19 you can donate max. In the States, you can donate as much as you want. You have super PACs and all this stuff like they can really influence the the election and the policies through lobbying. We can't really do that here is not not well enough. Brad. I got to disagree with you Brad. Like I personally messaged 15 to 20 MPs and another handful of senators and and you know for most people in the call and on the chat, they know that I'm in the Ottawa area
Starting point is 00:46:48 and I host the local meetup here. I personally wrote really nice emails to these MPs offices saying, look, we have a Bitcoin community here in Ottawa. We're not political. I will come to you if you want to just talk about Bitcoin. You can come to our meetups. I'll come to you, anything you want. 20 emails.
Starting point is 00:47:11 And I got called a status cuck by a lot of my buddies, my maxi buddies. And you guys know who these guys are. But I did it anyway. And I did it anyway. And I got two emails back, two. And both of them were one-liners that basically said, yeah, I'll do it in the new year.
Starting point is 00:47:31 And I followed up and nothing. So what more could we do? So I'll say I didn't do enough work then. I don't wanna put it on everybody else. I'll just say like, what I was trying to do with the Bitcoin Coalition of Canada was like sponsor events go to like raise money so that we had a big staff that we could make people's full-time job to go and educate policymakers and
Starting point is 00:47:57 I'm not even like I'm saying like I'll come to you have a coffee with your secretary or your chief of staff. Just have a conversation. Well, that's great. And I'm getting nothing. We need a lot, but I think what we were planning to do that we never got the budget to do yet, because I don't think it's, it's not like we're not gonna be able to do this.
Starting point is 00:48:17 We just have to put a concentrated effort in fundraising and hiring a staff to do some nation building. But we were gonna go like sponsor conferences and go there and actually show up like we did at the conservative strong and free conference or whatever it was. When I went there with Nolan Bowerly and I didn't go with Nolan, Nolan was there
Starting point is 00:48:39 and we met there, I had never met him before. But I was impressed because he was talking to senators, he was talking MPs, everybody knew him. I ended up meeting with like Ben Harper, like Stephen Harper's son works for a Bitcoin company. He works at Bitcoin Mining Company. So we were meeting premiers and stuff like that. Like when you go to those events, you're like really getting out there and they're really interested. I was going to some of those events too and I did some of those. And I talked to MPs there too
Starting point is 00:49:10 and it was very obvious that Bitcoin was toxic and they didn't want to, they would. That's not the experience I had. I had a lot of people interested in it. There's a guy in BC, Dan Albus, he's an MP and they have this shadow cabinet and they have, I forget what they call them, inside of Ottawa, they have these, what do they call them, like working groups or whatever, where they study a subject and they debate it and stuff like that.
Starting point is 00:49:41 A caucus. So they have a cryptocurrency caucus. So he was telling me all like that. A caucus. So they have like they have a cryptocurrency caucus. So he was telling me all about that. And, you know, we had conversations with them and they're all interested in Bitcoin. Was that pre or post the liberals turning this into? That was pre. That was because you testified at an Indo committee, like an industry committee, where Joel Lightbound was the chair. So that paper came out, that paper came out in the end of 2022. And it was good.
Starting point is 00:50:17 Paper was good. I was actually quite impressed with it. Let's see everything after that. Can we bring in, let's bring in Francis. Francis has been muting and unmuting here. He's trying to get a word in. Francis, what do you think? No, yeah, I just wanted to add my personal experience is that like we didn't do a lot for the conservatives, but we did organize an event in Montreal where, with two candidates of
Starting point is 00:50:39 the conservative party, where the leader of the Quebec Conservative Party was also booked to speak. And I basically had all the bull Bitcoin community and support staff organizing. So we have the space and it just fizzled out. And then we kept trying to reach out to them and be like, we're organizing this thing. And we've got Eric Duhaime like a very well known and popular politician in Quebec like he's going to show up and he's going to talk and we're going to make a keynote and I personally going to fly from Costa Rica to come to the event and it just died completely and I do have two or three guys that I know that have been in touch with Bollier and some of his you know inside circle and yeah of, like we all know that like they're secretly pro Bitcoin, you know,
Starting point is 00:51:28 I think it's a secret that like a lot of these... Closet pro Bitcoiners. Closet pro Bitcoin. And, you know, are you really going to lose votes by saying something like, we're not going to come after your Bitcoin? You know, like, by the way, we're not going to come after your Bitcoin. You know, like, by the way, we're not going to come. I agree. I agree with that. There's like, there's like very little something like, you know, we're going to support the Bitcoin industry in Canada, you know, like Canada looks like a pretty good place for Bitcoin mining. We should probably use more of our energy. These are like very
Starting point is 00:52:00 ambiguous, like pro Bitcoin senses when it's not like we're gonna buy a bunch of Bitcoin with Canada's money, you know So I don't think he would have lost any vote by saying any of those things Can I ask you something though? Cuz I what I learned during this process like I said, there's restrictions on how much you can donate The system works differently than does in the United States What I understood from trying to get them to make a Bitcoin, like protecting self custody or even studying de minimis rules for Bitcoin or ending the ban
Starting point is 00:52:32 on Bitcoin mining in some of the provinces, like some of these things that are just no brainer, easy things like protecting self custody, what I realized was like the way to get a policy proposed to the party is you have to have an EDA right up like a small policy proposal that's 50 words or whatever I think it is. And then you have to get other EDAs to co-sign the policy proposal, I think four of them. And then you have to take that to the convention and then they vote on all the policies. So all the EDAs all around the country submit like three or four policy proposals.
Starting point is 00:53:12 Most of them don't even submit proposals because most of them are not that organized. So I learned about this too late because I was like, how do we get like Bitcoin, a Bitcoin issue, part of the party's policy and adopted at the convention. And I learned this whole process. And by the time that I realized, okay, we got to do this, it was kind of too late. Like it was a very last minute thing. So that's what I mean. It's because we don't care enough about elections, you know, like, because we're not inside the
Starting point is 00:53:39 political sphere. And same thing happened with the conservative part of Quebec. They had their general assembly like three months ago. and then I got the email being like hey like the General Assembly is next weekend and like I'm really well connected inside the Conservative Quebec Party because my dad was the leader of the Conservative Party a bunch of years ago and I was like oh that's great yeah like great let's let's let's do a pro Bitcoin platform by going through the equivalent of an EDA for like the provincial elections. And yeah, it was too late.
Starting point is 00:54:10 I'm definitely gonna do it next year. So next year, I'm gonna be, you know, going to one of the writing associations and get them to push the Bitcoin proposals that I have in mind. That's the kind of thing that we should have done, like, yeah, two years ago. Like that's what I'm saying.
Starting point is 00:54:27 Like I joined by the ADA. But also like, it's, you know, we're not the politicians. The politicians are the politicians. So like they should be the ones kind of like coming up with the policy and doing that kind of stuff also. And these smart people recognize. Like in the States, you can go and you can say, hey, look, I've got a million dollars to donate to you
Starting point is 00:54:46 if you adopt this policy and like Bitcoiners will donate the money. In Canada, you have to go through this whole complicated process and actually ground up, get the policies adopted. So that's what we need to like up our game with. And I want us to do this because I think whether it's liberal or NDP or conservative or whatever, it's probably gonna be conservative. But I think depending on how this election goes,
Starting point is 00:55:07 we can definitely make some headway in trying to get pro-Bitcoin policies adopted in the next convention in 2026. I think the main problem probably with Polier is that he was ill-advised and his campaign advisors, the feeling that I got was definitely like Boomer said, like, don't talk about Bitcoin here. 100%. Like, like, boomer said, like, don't talk about Bitcoin here.
Starting point is 00:55:25 100%. Like, like, like these guys are toxic, like stick to the middle ground. And you know, because the PR of 2022 would, I actually wrote a, I think I probably should have published it, but I wrote an endorsement of, of Poliev for bull Bitcoin. And then kind of like at the last minute, we just kind of decided like, I don't know, like we weren't, you know, we didn't send it, but I wrote like a four page endorsement of, of Kuliev and I was, I was looking at like all of this stuff that he has said on Bitcoin over, I used Croc, you know, and I looked at all the stuff and like, do you remember that he mentioned that he and his wife would watch the, what is money
Starting point is 00:56:03 show of Robert Greedlove late into the night. He did, he did the show. Yes. He did the show and he would watch the show. So he was watching the show and he said like, yeah, by the way, like when he came on the show, he's like, by the way, like me and my wife, we all, we're always looking at your YouTube videos late into the night, you know? Yeah.
Starting point is 00:56:19 There was another part where he mentioned that he had read the Bitcoin standard. And obviously there was like that publicity stunt with Ali. another part where he mentioned that he had read the Bitcoin standard. Obviously there was like that publicity stunt with Ali. There was his, what is money speech in parliament, which very obviously like he had been thinking about Bitcoin at that time. Thanks Saifedean for it on Twitter, Francis. Don't forget. Yeah. Yeah. Yeah. And like, so, you know, he, he, he like is obviously, at some point in his life, like he was pro Bitcoin and he was most likely told to shut the fuck up about Bitcoin that it wasn't a winning issue. I don't know.
Starting point is 00:56:55 I don't know who's advising, who's advising him. Jenny Byrne. Jenny Byrne. Yeah. Doug Ford's fired campaign manager. Len, I know you, you want to get a word in here. What do you think? Oh, let's go back a little bit. So number one, why is the donations capped? You have to understand
Starting point is 00:57:11 why this was the case. This was done by Jean Chrétien to chop the knees of Paul Martin. You have to go back 20 years ago as to why there's donations that are capped. And if you want to- Was it uncapped before that? There was a lot more. I'm not sure if it was uncapped but it was certainly not to the degree it is now and it was done to chop the knees of par martin and it worked perfectly that's number one number two let's go back to march 2022 right polyf showed up at tahini's in london i believe br Brad you were there. I think I met you.
Starting point is 00:57:46 Yeah, that's where we met. Boomer No. Pierre was there. Joey, no. Francis, no. So I truly, for sure, were there. Oh, sorry, me and Boomer. Are we in trouble for not going? Is that why you're going? Should have went. But I went there with the intention of saying hello to him. I went there with the intention of the climate at the time inflation was going up Bitcoin is around 45 K and he was buying fucking a shawarma with Bitcoin What does that lightning network not only lightning network and the guy in 2022 with lightning network?
Starting point is 00:58:22 And he had when he went down breedlove show just before this all took place. I believe he had the book, The Sovereign Individual behind him. I believe I could be wrong, but it was something along those lines. He had something with respect to Bitcoin. He was reading, he was talking about it. How many people, you know, out there become Bitcoiners, just understand the fundamentals of Bitcoiners Bitcoin and just fucking turn away from it. Very few few if any
Starting point is 00:58:46 Once you understand it once you look that's what the orange pills all about right? That's the lab and Pierre polio are the only two So and like that's like the essence of that blog post that I wrote for polio which is that By the way, he also donated to a dog shelter with Bitcoin. That's Dan Albus, the guy I was telling you about. I met with Dan Albus, it was his bill. Dan Albus was trying to put a bill forward that would make it so that we could donate Bitcoin
Starting point is 00:59:16 and not have to pay cap gains, and Pierre Pauliev supported it. Yeah. So let's go back to that. That's the environment, because context is king here. We have to understand where I went through with the intention. You know what? You've been on Breedlove show.
Starting point is 00:59:30 You know what? You've been talking about Bitcoin. You've been fucking buying shawarmas with Bitcoin. Why don't you come on our show, right? The Canadian Bitcoiners podcast. We're a couple of Canadian guys, right? We could talk about Bitcoin, got the information from his executive assistant or his chief of staff, chief of staff was.
Starting point is 00:59:43 And no problem. Tried to communicate moving forward, never fucking was able to secure him to come on a show because the price of Bitcoin started to tank after that. Right. We had the lunar collapse, we had Celsius, we'd block fly with all the whole bunch of fucking things that went up. It's up. So with that being said, he didn't want to touch it.
Starting point is 01:00:00 Bitcoin, it was fucking nuclear to him. He didn't want to touch it, but think that if you understand that's the case, you are a bitcoiner. It's one thing if he kept it secret, if he didn't quietly was talking about bitcoin, I could respect that. But once you let the cat out of the bag, it's out. You can't fucking put it back in. And he was talking about bitcoin in a public manner. And then once the price of bitcoin comes, once it was starting to hurt his political chances to become Prime Minister, he pivoted. So what became the most important thing to Pierre Poliev? It was to become Prime Minister. It was fuck Bitcoin. It was, think about this, something he believed in. We assume he believed in. And he was able to turn his back on that. Why?
Starting point is 01:00:41 To become Prime Minister. Now, if he's willing to do that to something he believes in, what else is he willing to do for anything moving forward either to A, become Prime Minister, or B, to continue become Prime Minister? To me that's a flaw. And I look at that it's like, hmm there's something there and something I don't truly, I don't want to go there, but you know what I'm trying to get at. So this whole episode here shows what he is, who he is, and be very careful moving forward. Interesting. I don't disagree with any of that.
Starting point is 01:01:16 I think- I see it differently. Oh, Brad, take it away, buddy. Go ahead. I said it already before, I just wouldn't have the context of what Len just said, which is important to kind of understand where I am with it. Like, I really truly think that Pierre meeting with how many people, millions at this point,
Starting point is 01:01:41 I don't know how many people have come to his rallies all around though like last three years like he's met a lot of people and He's talking as many of them as he possibly can and you know The cost of living is the number one problem and yes, there's the fundamentals of Bitcoin that changes changes you the deeper you study it But we're all also not in the position of being potentially the prime minister of the country that can steer the Titanic one or two degrees away from the iceberg to prevent the whole thing from sinking. We are looking at it more from an individual perspective or, you know, Bitcoin fixes this, but, you know, fix the money, fix the world perspective, which is great as a group for us to try to do this to affect change in our own way. But he has the unique opportunity to represent and change the lives of millions of people through preventing the ship from sinking. So I feel like that is the choice he made, like to not be as interested in pushing forward sound money policies
Starting point is 01:02:42 like Bitcoin sound money policies. And even if he understands Bitcoin, he gets the sovereign individual thesis. Canada is still a country and he has a chance to lead it. And Bitcoin can be a small part of that, but I feel like the bigger thing that most people care about is not Bitcoin or the vaccine mandates or some of the freedom of speech issues that we care more about individually. It's restoring free speech, property rights and sound money and making sure there's a base layer
Starting point is 01:03:15 of sanity at the federal level so that we can all go out and then educate people about why Bitcoin is better than the Canadian dollar and why you should choose Bitcoin for your own life. So I give him a pass on that because I feel like it's just the situation he's in. I could just like, I wish he talked more about Bitcoin, but. Yes, I have so many opportunities. And if he's willing to do that with this particular subject, what else is he gonna do moving forward?
Starting point is 01:03:43 Because he's already pivot on one. That's true. People are pivot on one. People are okay to pivot because people change their minds and stuff like that. But when it comes to Bitcoin, like I said, once you're orange-pilled, if you truly understand it, it's very difficult to go away and go back in the fiat world and say, fuck Bitcoin, I'm not going to talk about it. No, once he let the cat out of the bag, that was it. And if he didn't continue, which he didn't, it's a telling sign of the character and what he's trying to do. What is his goal? And his goal is to become prime minister.
Starting point is 01:04:14 If it's talking about free speech, hard money and shit like this, this could potentially be side-railed or derailed for something else to make sure that he becomes prime minister or maintains to become prime minister moving forward. Because this shows a lot about his character. Let's bring in Tom and Mark if we can, if that's good. Francis, you want to add one more thing before we do that? Do you want to check the results? Yeah, let's bring the results in here. There's one thing I want to show, which I've been looking at Long Range Mountains, flipped from Lib to Conservative pretty decisively and I've heard that. Oh no. Newfoundland. Yeah. No, no, these are good. These are good. So these are previously liberal, flipped to conservative in Nova Scotia.
Starting point is 01:05:09 Another one, Terranova, previously liberal, flipped to conservative. What's this website? I want to go look at it. I'll put it in the private chat and I'll put it in the regular chat too. And on the star, by the way, the star has a pretty good map as well. And let's see, another one, flipped? No. There's another, there's a conservative writing, previously conservative that was just flipped liberal, but it only has two polls open yet. So, okay.
Starting point is 01:05:34 Okay, so we're good. Yeah, we're seeing, I think, not too much in terms of like shock here, at least not yet. Conservatives did lose their portion of the popular vote. They were up at about 52 maybe half an hour ago. Now they're down 46 to the liberals, 47 and a half. Let's bring in Tom and Mark. Tom and Mark are joining us now. Tom Kraz and Mark Jefdivic. Gents, I'll start with you, Mark. Pierre, the Bitcoin candidate, did he do enough? Did he, should he have talked about Bitcoin? What should he have done to loop in the BTC faithful here in Canada? You're muted. Hold on. Yep. You're muted, Mark. I know Polyev is the, you know, anointed candidate for most BTCers, like most Bitcoiners,
Starting point is 01:06:29 and he didn't really talk much about Bitcoin. And that's fine with me. My preferred prime minister would say like jack shit about Bitcoin and never even think about it. Um, I like my governments out of my way, right? Don't give us any help. Don't do any favors for us. We've had Bitcoin more of a regulatory structure
Starting point is 01:06:51 conducive to Bitcoin in Canada. Francis might disagree with me on some of these points, but we've had ETFs here since like 2020, right? And like they got it four years later in the States. My nightmare scenario is we get a prime minister that starts talking about Bitcoin and that prime minister is Mark Carney and he starts talking about electricity and global warming and global boiling and we've got to do something about Bitcoin and if we can't make it switch to proof of stake, then we have to get rid of it. That's sort of like out on the fringe nightmare scenario.
Starting point is 01:07:29 And so if we get a prime minister in Poliev who's like, it ain't broken, I'm not gonna fix it. He's gonna pay lip service to the Canadian dollar. Fine, this train can't be stopped anyway. So, you know, no headwinds is my preferred scenario. Tailwinds are better, but it's not the end of the world if we don't get them. Tom? I would have liked, look, as a Bitcoin maxi, I think I would have liked him to say Bitcoin,
Starting point is 01:07:59 but I see what he's doing. So if I just step back and say, would I rather have Pierre in power or Carney in power, I'd rather Pierre say nothing about Bitcoin and give him a chance to win, then him start talking about Bitcoin and through their polling, they figure out that that's gonna lose him the election. So if I have to choose between one of the two, then I'm fine with him not saying anything about Bitcoin.
Starting point is 01:08:25 I don't care. I think Bitcoin's gonna destroy all these governments anyway. I think Bitcoin's gonna destroy them from the inside out, whether they know it or not. So to me, it's really irrelevant. I want a better person in power and democracy is gonna move along slowly. It's way behind all of us.
Starting point is 01:08:41 Let the guy get in power who we think is gonna be a bit better. And if he doesn't in it and that means if he doesn't speak about Bitcoin to do it I'm completely fine with it. So Len like I mean I I'm surprised you're saying that you would want him to acknowledge Bitcoin because if he acknowledges Bitcoin and through their polling He then loses the election So you're just fine with Carney. I mean, you're going a little too far ahead. He doesn't have to acknowledge it and say it every two sentences. He just every
Starting point is 01:09:13 time that the liberals brought it up, he deflected it. The price went to 108, 109 K whatever fuck it was in USD, never said a thing about it. Those are opportunities, at least you could acknowledge the fact that it existed, and didn't do that. And like I say, if you're willing to do it with this, what else is he going to do? If something he believes in, what else is he going to shelve for the purpose of maintaining? Yeah, but these guys are smart. They must have a team doing polls. So they must be polling. So they must realize that if he speaks about Bitcoin at this moment, it's going to work
Starting point is 01:09:45 against him for the election. Yeah. Well, the thing is that that team, true, they do have a team that thinks they're doing a job, but that team went from 100% odds of winning three months ago to 2% on the week ago. So I don't think they're really good. And by the way, Mark, I fully agree with you. I don't, there's nothing I want Pull. You have to do for Bitcoin. There is absolutely, there are like two or three minor things that if I was like in Pierre's
Starting point is 01:10:18 really good graces, I would change more like think track technical things that are that are like protecting people's privacy so I don't I don't want Pierre to do anything for me. However I do think that Carney can do a certain amount of damage like a pretty good amount of damage that in the grand scheme of things will not matter like but you know we all know that if the government was to outroute, they're not going to ban Bitcoin. No government is going to ban Bitcoin, not even not even Carney, which hates Bitcoin. But even if a government did ban Bitcoin completely, like running a node is illegal,
Starting point is 01:10:56 self-guessing is illegal, mining is illegal, Bitcoin would still outlive them eventually. But there are things that I think it can do do that Carney can do and probably wants to do, which is really going to suck. Okay. And like number one, so none of you guys are Quebecers, but little did you know the Quebec government passed... Oh, you are, Gumer. Okay, I thought you were Ottawa. You're Gatineau. Oh, shit. Sorry. So you probably got that form in the mail. So the Quebec government actually passed a law, and this is interesting because, so from one day to the next, all Quebecers, we get a form in the mail,
Starting point is 01:11:33 which is the Crypto Declaration Form, right? No advanced warning of that whatsoever. We just get this form. And this form is unique in that, even if you don't have capital gains or losses to declare, you are obliged to declare your ownership of crypto. You're not obliged to declare ownership of Pokemon cards,
Starting point is 01:11:52 gold, of luxury watches, it's just crypto. You're not obliged to declare your ownership of like third or fourth or secondary homes, just crypto. And when I saw that I was like, fuck, this is obviously illegal. Like, the Radio Quebec, our tax agency can't just do that. But they actually passed an amendment in parliament in Quebec's national assembly that that and it got a unanimous, by the way, unanimous approval by the Quebec National Assembly. So now there is a database of crypto
Starting point is 01:12:22 owners being collected at the provincial level. Obviously, Kodeka is going to do that. To me, it's completely obvious that if Kodeka has done it, Revenu Canada, the CRA is obviously going to do that. And why might they want to do that? Well, there's a few reasons. One of them is going to be tax evasion, regular tax evasion, prevention, but another one might be that they intend to impose an unrealized capital gains tax on so-called unproductive assets. That's the one that I'm really concerned about because that's the one that is very close to being passed in France.
Starting point is 01:13:03 So France is in the process of passing a unrealized capital gains tax on so-called unproductive assets and there's a bunch of other shit that the Liberals can do. Like they can mandate, can track for example to create a gigantic database of everybody's Bitcoin addresses. I think probably in the next coming months you're gonna see some stuff coming out on that side where there's a surveillance apparatus which is starting to maybe perhaps become established in Canada. So there's all things that they can do. I think the worst that they can probably do
Starting point is 01:13:36 is to restrict self-custody to a large part. Like they're never going to ban exposure to Bitcoin because like Toronto financial firms also want exposure to Bitcoin like I did and micro strategy exposure is never going to get banned. But what they could restrict is, for example, maybe South Kastedi is somehow limited. Mining might be taking a hit. I think mining in Alberta might be taking a hit where perhaps there's a climate crisis emergency which is declared in parliament
Starting point is 01:14:09 and that gives them extraordinary powers to impose some kind of restrictions on how the provinces can allocate their grid and that kind of stuff. So just to be short, I don't want anything from POEF, but I also realize that Carney could do some damage and you know, not not to Bitcoin as a whole, but to individual Bitcoin holders. Let's just reset here for a second.
Starting point is 01:14:35 Something I don't usually do, but if you're on YouTube, like the video, share it. This is the best second screen in Canada for this election. There's nothing better than this Bitcoin or not. And we'll talking about the results of the second election. I'm going to be talking about the second screen in Canada for this election. There's nothing better than this Bitcoin or not.
Starting point is 01:14:56 We'll just visit the results here. Tight race. I don't want to say your neck of the woods, but your native 12 of them elected in two. I'll note here that CBC not making any calls for the blue team yet, although probably they could if I had to guess. I'm not exactly sure, but it seems unlikely that they've made two for the reds and none
Starting point is 01:15:15 for the blues, but whatever. We'll leave that to them. And on Polymarket- That's CBC. They're never going to call anything. I know. I know. Rosie Burpin is never going to make a call.
Starting point is 01:15:24 And then over on Polymarket, I don't have it up on the screen, but Francis pointed out in the private chat, Pierre, up to 31% chance to win flying. It's reminding me of November 5th all over again. I got to get on that fucking side shift app to get some more USDC right now. Yeah. It looks like global, right? Global news. Two more flip. Which one's Francis?
Starting point is 01:15:48 Which one's, uh, we've got, we've got a random one in, uh, what is that province? I don't even know. Central Nova is the one I'm really concerned about. Yeah. So central Nova is a lid writing flip conservative. Great. So far central Nova. That's Frazier's riding. That's Sean Frazier's riding. Holy shit. And that was previously Peter McKay's riding. Peter McKay when he left, Frazier came in one, two or three times in a row. And now it's showing at least leaning right now with blue. That's very interesting.
Starting point is 01:16:22 Geez. Matta waska rest a gouge. Another third one. So that's five that I've seen so far that have been flipped. Conservative. Joey, can you check? Okay, Breton like Brad has 15 out of 20 211. Rott poles reporting in Sydney, Glace Bay and the liberal is up by 340 votes. Yeah. That's what I see here too. Pauli market. It's like Pauli it's, they're both going vertical.
Starting point is 01:16:55 Yeah. Pauli have his flying 35% now. 35 for current. 33. Like I just tabbed back in and it was 33. Unbelievable. Unbelievable. Wow. 36. 37. So let's, yeah, this is, it's wild. This is great. My entire, my entire hot wall, it is going to be drained right now. Well, let me know when it's your entire net worth. It's not a lot, but it's enough to buy a few cigars. I was really looking at the Mark Kearney loses his seat bet today.
Starting point is 01:17:33 It's still at 5%. So if this is a complete blowout, you could 20X a bet on that. Not financial advice. Not financial advice. Kids, don't try this at home. These are trained autist retards doing this with like... CBC still not reporting any conservative wins, but I mean, this is a pretty... I'm not going to start counting my chickens, but I think anyone who looks at this map... I mean, this
Starting point is 01:18:02 is a promising result. Brad, you're the resident East coast expert. Global has it as two liberals elected, one conservative elected, and CBC has it as three liberals elected. Is that what it is? Yeah. Yes. Wonder why that is. Yeah. Rosie Burpin, not making the calls that we need to hear, obviously. I mean, there's not that many votes counted right now. There's still a lot. Let's, let's, um, okay. Like I was saying, the Globe and Mail is showing one seat for the conservatives and zero for everybody else. Wow.
Starting point is 01:18:32 And the Globe, you know, where they tend to lead, it's so, hmm, it's interesting to see this. Can we, can we talk a bit, maybe Tom, your, your, uh, your, your, your, to the pavement on the real estate side, there's obviously a significant, I think it's a headwind for Polyev from people who own property. I'm thinking specifically about people who are between 50 and 70 years old. I'm just curious, where do you see your client base, your ecosystem? Are they actually all leaning liberal the way that I'm being led to believe on TV?
Starting point is 01:19:05 Is there more to that story? What's going on in that realm? From the clients we deal with, they're mostly conservative. So everyone we're speaking to of all ages that I've been speaking to from our clients is voting conservative. I would say from our client base, maybe 20% of the discussions liberal, 80% of the discussions conservative. So I don't know if that's just, you know, the type of person that we're attracting at rock star. Um, but it's definitely a conservative audience.
Starting point is 01:19:35 Like when Francis was speaking up there, like to have somebody like Francis and thank you Francis for speaking in front of all clients. Like Francis has gone because, uh, he needed to use all the firepower on his phone to get into polymarketing. Okay. When Francis speaks about self-sovereignty at a real estate conference and everyone like it goes over, do you know what I mean? Like it wasn't like people were completely shocked by it. People were listening intently to him. I think we just have maybe, I don't know if that's representative of Canada though, Joey,
Starting point is 01:20:10 but it's definitely representative of our clients. Like it is, you know, and I can tell you that we now have some real estate clients who are selling real estate for Bitcoin. So like, you know, that stuff is happening now, but it's just at a small percentage. Like, if I look at across all of the clients and all of the properties, it's still like a small single digit amount on a percentage basis. But you finally have some people in the real estate world here in Canada saying, okay, I'm not going to buy another investment property, or I'm going to sell an investment property for Bitcoin. And then you have. And then it's graduating past that.
Starting point is 01:20:45 We now have some clients who are saying, wait a second, maybe I can use some of the real estate I have that I wasn't planning to sell ever, but can I tap into something on that property, refinance it, get a line of credit against that property and use that line of credit to acquire some Bitcoin? And I can tell you just six months ago, we never had that discussion. The discussion was simply, do I buy Bitcoin or buy real estate? And now all of a sudden Bitcoin is intermingling itself into the real estate conversation to the point that people are trying to figure out refinance strategies and creative ways to hold real estate and also acquire more Bitcoin. So you can see the landscape's changing.
Starting point is 01:21:22 Yeah. I mean, I know you guys have a predominantly conservative client base. The reason I ask is because I think a lot of people frame this election to be between boomers and younger voters. There's something to that, don't get me wrong. But I think there's also, the gap really is not quite on the age fault line. I think it's on the asset fault line.
Starting point is 01:21:43 I think when I look at what I've seen from my friends, the have-nots, I hate calling them that because it's really not fair. And in a lot of cases, I don't even think it's their fault that they're in that situation, but the have-nots are voting for a party. They think that will give them a chance. And Carney has been doing a good job framing it like that. Even though if you look at polling, earners, Canadians who make over $120,000 are voting for Mark Carney at a 65-35 clip. I think it may be higher than that as you increase the earnings.
Starting point is 01:22:13 And down at $100,000, I think it's, I think last I saw was like 58%. So the people who think they're voting with the common man are actually voting with the wealthy and the people who want sort of a stronger country vote for change bring it home are actually voting with middle to low-income earners who have like I've mentioned many times on this show taking the brunt of the bad policy decisions from the last ten years. I'll note in the private chat for the for the stream is turning into a gambling for the stream is turning into a gambling dialogue and actually it's in the regular chat too. So polymarket now has Pierre at 43%. People saying, you know, people in the chat saying you don't care about polymarket, I would just
Starting point is 01:22:57 suggest that you maybe should a little bit and like we talked about earlier if you're just getting here, the reason Polymarket is slipping is because typically the East coast goes red and right now it's not going red. It's a bit of a split. Len is shaking his head talking about it. No, it doesn't typically, it can go half and half, right? When I noted earlier, when in 2015, it went all red, that just was the beginning of the red wave. And then they were able to parlay
Starting point is 01:23:25 that into a liberal majority. But it's not, you can't go saying that it's typically red. It could be half and half. And in fact, sorry, go ahead. Sorry, I interrupted. I think what we see on polymarket, because I just tweeted, where have I seen this pattern before? So it's almost like just tweeted, where have I seen this pattern before? So it's almost like everyone takes the polls with a grain of salt. And I think we could all agree the polls were sort of lopsided to the liberal side for whatever reason, methodology, only boomers, you know, who have rotary dial phones were around to answer the polls, whatever. But on election night, when the results start to come in, is when reality asserts itself. And that's when you see this really, these really hard shifts, like reversals in the odds. And you just see the betting lines
Starting point is 01:24:21 just go vertical up and vertical down when the poly market, which was never really an accurate market leading up to the event, when the event starts to play out, it sort of takes away that arbitrage almost instantly. And that's why you see those vertical lines. So it's sort of like, oh, everybody's wrong footed on this bet for whatever reason. And now we're starting to see what the reality is. And you see, you see the lines move vertically. That's, that's what I think is good. I think that's true as well. I'll note that earlier today, the market depth on that prime minister bet on polymarket was about 60 million.
Starting point is 01:25:01 It's up at 80 million now. So that market's seen significant growth probably just in the last, I don't know, 12 hours. You can make the case it's been in the last two hours judging by the movement, but I'm not sure exactly how long that change took. I also bookmarked a tweet that someone had made a very big bet on the Canadian dollar about 90 minutes ago. I saw that mark. Yeah. Yeah. And it was like, okay. On the long side. Pardon me? On the long side. Yeah. Interesting. Like billions of dollars.
Starting point is 01:25:34 That's a bet for Paliyev. For sure. Yeah. Yeah. Interesting. If you want to, if you're in the know and you're betting on the dollar and you think carny's going to win. You're going to, you're going to go short. Yeah. Or maybe not. Maybe not short term, but send it to me in the chat. Mark will put it up. Brad. I see you're working. You're working the lines there. Put it in the public chat. I'm waiting for the Brad Mills bomb. What's, uh, what's going on in your circles there, Brad? What's, what's up on the horn? Uh, well, I was actually just kind of scrolling fitness Instagram accounts, or are you actually talking about election stuff with your friends? Yeah, I was just checking my macros for tomorrow.
Starting point is 01:26:10 I was getting looking forward to another salad with plain chicken and no salt for my cut. But no, I was just yeah, I was just sending out some messages, but also scrolling people that I follow on online. But I mean, it's still, it's, it's apparently the results are promising for the conservatives because Steven Taylor posted that the conservatives are ahead of the majority victory that they got in 2011 with the East Coast results by like three seats or something like that already. So he's excited, but unfortunately for my friends and family in Cape Breton, it looks
Starting point is 01:26:56 like it's still going more towards liberals. And that's not going to be very good if there's a if there's a liberal government in Cape Breton a conservative Government provincially and a conservative government federally. I mean, what are they doing there? I just took too much too much CBC, that's for sure and Too much I that's for sure and too much I don't know what else there would be there's too many old people really that's what it is Cape Breton is a lot of the
Starting point is 01:27:30 brain drain like a lot of people have left the island unemployment it's horrible there the economic situation is terrible unemployment in Cape Breton is twice as high as the national average I grew up in Cape Breton for anybody that you know didn't know and isn't watching or whatever like I grew up in an economic Depression oh yeah and boomer too yeah there we go I forgot about that so yeah like the Cape Breton connection is like you grew up with an unemployment at 30% and We had this the biggest steel plant in the all of Canada. I'm pretty sure that's not a hyper hyperbole to say that.
Starting point is 01:28:06 We provided a lot of coal, a lot of steel, and industry just decimated, industry left, and people just, the age demographics get older and older, and then there's this fear that even though Pierre came out with all these great policies for seniors, like he's not going to touch the retirement age, he's going to leave it at 65. He's going to allow seniors to earn an extra $10,000 tax-free.
Starting point is 01:28:32 There was another policy too, but just the fear-mongering from the CBC and the generational trauma of Tory times are tough times. Just people get born into a team like a hockey team and then they they just can't leave it So that's what's going on in Cape Breton. I think unfortunately Anna did a lot of work. She knocked on 17,000 doors and the majority of the support that she came across was for conservative so right now it looks like 20 40 of 211 so you know 20% of the polls reporting and the liberal is up by 500 votes so not sure this one out
Starting point is 01:29:17 you were saying that they're doing better now than they were at the same time in 2011 is that correct that's correct? That's what Stephen Taylor said on Twitter. So I just got to give some context here. In 2011, obviously, the Conservatives formed a majority government and they did so without winning the province of Quebec. It's the general consensus is always to win majority government, you have to win both Ontario and Quebec. And they did not do that with the only one, Ontario and not Quebec. Just a little more
Starting point is 01:29:46 flavor for this story. The Liberal Party is running an Anglophone candidate. The last time the Quebec voted a Anglophone candidate in was Lester B. Pearson. That's the last time. So a long time ago Len? 60 years ago. Okay. Yeah. So they tend to reject long time ago, Len? 60 years ago. Okay. Yeah. So they tend to reject liberal leaders that are Anglophone and they tend to accept, this is just very generally I'm speaking, liberal leaders that are Francophone. So if by chance the liberals don't do well in the province of Quebec, they have a real uphill battle to form government here. I think the bloc is going gonna be really strong in Quebec. Same.
Starting point is 01:30:27 Really strong. Yeah. Yeah, yeah, totally like, you know, Blanchet is pretty popular, man, and he speaks, you know, I don't know if you guys watched the French debates, probably not. I did. But he was, I found that he was pretty solid,
Starting point is 01:30:43 and that's the other thing that marked the kind of like polling trends where a Carney like surge that like those votes were coming mostly from the block I think and it haven't been like a thorough analysis but like the block's numbers went really really down and I think we're going to know the results of the election pretty early on because if the block Goes back to their polling of like four months ago Cranes cooked basically because like I don't know how many seats he got from The block in the projections. I'm trying to figure that out, but I think it was a lot and you know They were saying they're going to see the block 20 to 30 seats was the projection
Starting point is 01:31:23 Yeah, and like, you know Trudeau, was really well liked still after all of the 10 years of garbage. He still was pretty well liked in Quebec. Obviously because he's a, he's a real, he's like a real Quebecer, you know, he's not, he's not just like a Francophone, like he's not just like a Canadian guy who speaks like good French. He's a, he's a proper Quebecer, so he was still pretty well liked. So him leaving definitely didn't, I don't think that got him a lot of, that got the Liberals all to vote. Like Trudeau was still pretty well liked even after all of that 10 years garbage. Quebec's still going to have to vote in one federalist party because they're going to get their block votes. A lot of people are going to vote for them. That's fine.
Starting point is 01:32:10 But the question that I can't answer is who will Quebecers vote? Which federalist party will they rally behind because they're going to get the second amount of votes in the province of Quebec. Is it going to be the Conservatives? Probably not. They never tend to win over there. The NDP? Probably not because they're not pro-Jack Mead Singh it seems. The Liberal Party? Probably not because again like I mentioned there's an Anglophone leader. So who are they going to be? It's going to be interesting to see like which party, which Federalist party is going to pick up votes over there. I think the liberals are going to do just fine in Montreal. The liberals are going to do just fine in Montreal.
Starting point is 01:32:48 And I think the Bloc is going to absolutely decimate everybody else everywhere else. I think the liberals are going to crush Montreal completely, the eastern townships and the west of Quebec. I think the Bloc is going to do really well in like suburb around Montreal and like the Laurentians and all of that. And I think the, I think the, the, the conservatives are going to do well in the Quebec City area and both like Quebec, the last time I went to Quebec City was like a couple of weeks ago and I realized how fucking based Quebec City and like the surrounding area is. It's
Starting point is 01:33:20 really a stark contrast to Montreal. Restaurants have guns on their walls, and there's a huge gun culture, and these guys are super-based. Maxime Bernier's writing is in... Maxime Bernier, you know he almost won his writing like four years ago? I don't know how much he got. You remember how much he got?
Starting point is 01:33:41 I think he got like 35% or something, 30%. He was really, really popular in the post area. I'm really curious to see what was his score. But there's areas of Quebec that voted for Maxime Mernie for quite a while, at least when he was under the conservative government. He was unbeatable in his writing. So I think we're gonna-
Starting point is 01:34:05 The most entertaining result of this entire election would be like gridlock between the liberals and the conservatives and Bernier getting elected and Bernier being the deciding vote. That would be amazing. Is there any chance in this Carney doesn't win his seat? Yeah, for sure. Yeah, for sure. I'm calling Mark. He can clean the bed on it. in this Kearney doesn't win his seat? He's, he's running against, uh, or he's running in the riding where the fellow who was kicked out.
Starting point is 01:34:37 Um, what's his name? The Indian guy, Sean was Chandra Len. What was his name? Yeah. They kicked them out, took his seat, ran Kearney in his seat. Like they disqualified him from the leadership race, kicked him out of the party. And isn't that guy's son the CFO of Brookfield? Is that guy's son the CFO of Brookfield? Bernie got 18% in his writing last election. But the one before that, he got 28% and the winner got 38%.
Starting point is 01:35:10 So it was 6,000 vote difference between him and the winner. That was in 2019. So that was the closest election he had when he was leader of the People's Party. I was in Carney's writing last week. I spent a couple of days there. I just had some stuff to do. There are a lot of conservative signs. I saw almost as many conservative signs
Starting point is 01:35:30 as I saw Kearney signs. She's an ex-cop, right? She's popular here. She's popular. It looks like that. When you watch her online, it looks like she has support. Yeah, she's popular. Then I wonder how many... of support. Yeah, she's popular. And then I wonder how many police union, uh, the Ottawa police unions endorsed Barbara recently, just a couple of days ago. Yeah. I'm looking at, uh, the times that some of these other polls closed, do they, do they all close at 8pm local time? Is that the, uh, or is it 930 over here in Ontario, 930 here, 7pm in like BC for instance. So it's staggered where they all kind of close around the same time, but locally different times. I'm just trying to look at, so Polymarket now showing Poly have a 31%. So a bit of a dip here from where he was half an hour
Starting point is 01:36:19 ago. Buy the dip, right? Maybe, maybe. Yeah. I'm curious though. Are the NDP going to get official party status? 12 seats is what they need here to get official parties. I doubt it. It's so high risk that I think a lot of people are voting strategically this time around. I expect Greens to get wiped out, New Democrats to get wiped out. I don't think Elizabeth May or Jagmeet Singh are going to win their own seat. And I don't expect Bernier or any of these other parties to get any traction, even less than they usually get
Starting point is 01:36:45 Because people are too worried. They're not gonna they're not gonna vote quote-unquote with their heart, right? Whatever the the terminology is they're gonna vote for or against the person They don't like and that's really all it boils down to and saying and may and these other people are just they're irrelevant They've always been irrelevant, but they're even more relevant now You know, we've always tutted ourselves to having multiple parties here in Canada and all that shit. But the reality is it's a two party system. Only two parties have ever governed Canada.
Starting point is 01:37:13 And here it is, only two are ever going to have a chance to govern, at least for the foreseeable future. Yeah. Let's talk a bit about Ontario. Those polls close in about an hour. We're not going to still be here in an hour, obviously, but I Want to hear what you guys think about what's going on in Ontario maybe as a second or or second or last topic Ford comes out against poly Avenue major way obviously poly eyes campaign run by Ford's former campaign manager Jenny burn and In addition, you saw the Tim Houston video from Nova Scotia sort of introducing himself as a potential conservative federal
Starting point is 01:37:44 Leadership candidate. I mean, what do you make of all this? In my opinion, people say that, you know, these things are a sign that Poliev is weak. I actually view it as a sign that Poliev is strong. That on the last day of the campaign, Carney's in Ontario and Doug Ford is urging people to vote for the candidate who's going to be toughest on Trump. I mean, that's in between the lines, I think clearly intended to support, intended to support Carney.
Starting point is 01:38:07 But I'll kick it to you, Boomer, what do you think? You're muted, buddy. I think you nailed it. You absolutely nailed it. That says a lot about Ford, right? Like if Toronto is going to go completely liberal for sure. I think maybe you guys know better than I do, but I'm here in Ottawa. I think it's going to be pretty close to all liberal as well. Like out in the suburbs, I think Pierre is going to do just fine. But I don't know.
Starting point is 01:38:38 What do you guys think about in your neck of the woods? Let's go to Brad maybe. If you've got an opinion on Ontario, Brad, I'd love to hear it. Well, I went, the boundaries were redrawn and the area I live in is rural. So like typically it's always been conservative. So when they redrew the boundaries, they included part of London and London has been liberal NDP.
Starting point is 01:39:06 So when I went out door knocking with with the conservative candidate in London, I expected it to be a lot of support for liberals and NDPs, but I was a lot of a lot of support for conservatives there. Surprisingly, I mean a lot of people agnostic like 40% of people that answered the door were just not interested in the election. They didn't have an opinion, just weren't going to vote. But of the people that were, it was, seemed to be like 60% supportive for conservatives.
Starting point is 01:39:38 So I think like from everything that I've seen from paying attention to all these different sources, yeah, it feels like there's people are upset and they want change. So we'll see, we'll see. I mean, you got to man. I mean, oh, sorry, Brad. Has there ever been a chapter or when's the last time the incumbent party won a fourth election,
Starting point is 01:40:11 especially with a change in leadership? Has it ever happened in Canadian politics? It's never happened. Paul Martin, I think, so 93, 97, 99, 2004. They won four straight elections, they changed leaders and did that. Len always knows. That's insane to me. It's insane to me that they've done it before. Mark, give me thoughts on Ontario and then we'll go to Tom.
Starting point is 01:40:35 I am forecasting an upset in Ontario and I'm hoping for a blue wave. I'm seeing at first, and I'm hoping for a blue wave. I'm seeing, at first, like about 30 days ago, I was seeing blue signs everywhere. I live in Etobicoke, I'm on the outskirts of the suburbs of Toronto, Toronto's a liberal city, but I was seeing a lot of blue. Now I'm seeing more red, but I'm seeing more grassroots initiatives for the conservatives.
Starting point is 01:41:06 I think Etobicoke shore, which is just south of me, is going to flip blue. And I think my riding, I mean, the polls have it practically marked safe for Yvonne Baker, but I think we have a really good shot at flipping Etobicoke Center. I know our candidate Ted Opitz actually sent out invites to his victory party yesterday. So you know, it's a little ballsy, but we'll see. And as for what's going on in downtown Toronto, you know, Parkdale High Park will probably go liberal. Rosedale, I don't know.
Starting point is 01:41:49 There's Cursed to Your Freeland. That's where she's running, isn't it? Yeah. I mean, could you see her getting tossed out just because everybody's focused? I don't know. I'm looking at, for people listening on X, looking at Sean Frazier's writing, you know, liberal golden boy, that lead is growing now. He's down about 4%. That might be insurmountable. I'm not sure, you know, how many, how many
Starting point is 01:42:13 more votes they have to count, but four or 5% this, this late in the game, not usually something that's easily overcome. Brad, do you know anything about this conservative candidate in central Nova? No, I don't. It's too bad I only know the one. Let's go to Tom, Ontario. What do you think? I'm in Anita Anand's writing called East and I was shocked when she went last time, but I'm the most unscientific kind of analysis. When you look at Ron Chinzer, who's out here in my writing, he was always on social media. He always has volunteers. They're always door knocking. They came by my house twice. And then when you see her social media, she has Jean Chrétien
Starting point is 01:42:57 out like last week or a few days ago, it was zoomed in. So there was like three people in the picture. And then when Pierre came here, what two days ago now, yesterday, two days ago, he had like four or 5,000 people out here in Oakville at the rally. So I don't know, I feel like this is going to flip blue, even though she's everything I was reading is that she's projected to win in all the traditional polls. I think this is, I, people in Oakville are so fed up with crime. Like, on my street, there's a car being stolen, it feels like every other day. And she, and Ron is like really going on the anti-crime crusade, being tough on crime. not bringing it up at all. So I think people are fed up here and they're going to vote blue. But I mean, it's just what I'm speaking to kind of on the streets. There are still liberal signs around obviously, but no, it just feels like there's a grassroots movement for conservatives
Starting point is 01:43:55 to take out Anita here in Oakville East. Yeah. Fewer and fewer. Francis, Ontario, any thoughts? Is he frozen? Might be frozen. I don't know. He's in there. He goes, he's got to unmute though. Yeah. I was looking at the results rolling in for Quebec, but it's just, it's just one. Um, you know, I don't really think about Ontario that much. You're perfectly honest. Hey, if you don't have to don't right. That's a, that's a, that's a quality of life issue right there. Yeah. Yeah.
Starting point is 01:44:32 My, my heart is in Quebec and my head is in Alberta right now. So we're still waiting. It's, and it's, it's common for like Quebecers, you know, like you name like Etobicoke and like Mississauga, and I have no idea what those places are. I mean, like, I discovered what Brenton was, like, when I went to see Utah, like, I discovered Ontario geography for like the first time. And, you know, Quebecers, it's just like how we are, like, we don't really learn about Canadian history in school. Also, we just like, you know, we know everything about Quebecers, it's just like how we are. Like we don't really learn about Canadian history in school also.
Starting point is 01:45:05 We just like, you know, we know everything about Quebec history, but not so much about the rest of Canada. That's funny. Did you know that there's more seats in 416 and 905 than there are in the entirety of Alberta, Saskatchewan and Manitoba combined? Ridiculous. That just goes to show you, and this is done by population, of course, they're not purposely trying to put more MPs here it's just that just
Starting point is 01:45:28 shows you how populated is 416 and 905 winning that is a huge gain and it's not one party is gonna win at all there's gonna be a little bit here a little bit there but the NDP is gonna get absolutely slaughtered here the only place Danny P's gonna have any hope of winning any seats here is gonna be in a downtown core that's it everywhere else like a shutout but just I just want to say a few things number one Oakville Oakville is now split into two riding before it was always one riding so it just goes to show you a lot of people are moving into Oakville they have split into two whatever party was voted in in
Starting point is 01:46:03 Oakville won the federal election. Yeah We're always it's been like this for years so that I don't know take that for what it's worth So it's a typical Lakeshore definitely could flip flip topical center Definitely could Ted has been around for a while. His name has been out there. You could definitely carry that into victory One good thing about what's happening here in Southern. Sorry, go ahead. He was. He was the MP before Yvonne Baker and... Correct. ...could go back, yeah. So he's got some name recognition there. Then on top of that, at least in my neck of the woods in 905, the weather is good. This is something to consider because when weather is shit, it's harder to get
Starting point is 01:46:44 people to come out and vote. It's harder to mobilize. When the weather is good. This is something to consider because when weather is shit, it's harder to get people to come on a vote It's harder to mobilize when the weather is good It's easier to do that so that's gonna make it potentially for a lot of people to come out and Vote and it just ramp up the voter turnout as a result then another thing I just want to mention to actually two more things Evan Solomon Toronto Center I'm fucking curious to see what the result of that one because saying he just parish Parachuted him in he'll probably win because the only
Starting point is 01:47:07 other candidate could probably give him some threat would be the NDP candidate but they're probably not gonna win it the liberals last our curator they need they need a hookup they have one now at least have one not not yet in caucus but at least as a candidate finally there's something that happened yesterday in Vancouver and it shouldn't be overlooked. It was with that nutso guy that ran over a bunch of people. I don't know how many people died, 11, 12, whatever. I don't want to trivialize that. It sucks that somebody as young as five fucking died. Imagine that. So that's fucking disgusting. But this is reminiscent of what happened in 2006 election, where the conservatives won.
Starting point is 01:47:47 And the liberals were leading in that election. It was a very long election that took place over the winter, over Christmas. And the liberals were leading for the majority of that election. But the one thing that flipped it, there was a shooting, in the Boxing Day shooting in the Eaton Center. And that was part, just a leftover of the summer of the gun. And Jane Kreba, a 15-year year old fucking died as a result of that and people look that Stephen Harper has Somebody out there that may be tough on crime and this shit wouldn't happen again moving forward and that was the trigger point that made
Starting point is 01:48:17 The conservatives get just an over-the-hump to form a minority government now what happened in Vancouver? I'm wondering if people are gonna look out there and say all this mental health shit, it may be a result of the people that are currently in power. And it may be the trigger point over there. This may be change people's opinions and who they're going to vote for. This is something that it changes people's lives. And it happened so close to election day. This could have an impact. What should the most important topic for the Canadian voter be? You know, I think for us it's, it's stuff like government interference and you just want, you know, soft touch, if any touch at all from, from Ottawa, when it comes to your assets, when it comes to your economy and sort of your ability to
Starting point is 01:48:55 earn and, and enjoy a free life, you know, whatever that means, what should the- I, I think it should be a better roll up the rim to win odds. Interesting. Yeah. I hadn't heard that on the campaign trail. But yeah, also I want to bring out the physical role. I think it's rigged otherwise. Sorry, try again. Like, come on. What's the relation you need with that five-time day torture again? Brad's cutting in and out. Big Tim Hortons, big coffee is out to get him. Yes. Look out for Big Tim Hortons, big coffee is out to get him. Look out for Big Bean Brad there at your door. I'm curious, what do you guys think the average, for the
Starting point is 01:49:30 average Canadian, what is the most important thing for them? I mean, it's Trump obviously, but what should it be? What should Canadians be thinking about? Inflation. Cost of living, inflation. Okay. Len, what do you got? Housing as well. Lop housing in with that. Yeah. Yeah. It's everything that has ties to the economy.
Starting point is 01:49:49 Inflation, housing, jobs, shit like that, because that's the driving factor right now. Things are way different than they were five years ago, let alone 10 years ago. And that's going to be the thing that's chief on people's minds. Yeah. Okay. Brad, most important thing for Canadians, what should it be? Oh, financial literacy. They don't have enough Bitcoin. Fair. Good point. You know, if you ask me what the most important thing for Canadians should be, I think honestly that it's probably immigration. And I think immigration is the
Starting point is 01:50:18 top of funnel thing for stuff like crime, top of funnel thing for stuff like housing, top of funnel thing for stuff like employment. You funnel thing for stuff like employment. That's not always a popular thing to say, but it's hard to deny that at this point. Mark, what do you think? What should the most important thing for Canadians be in this election? Net zero technocracy. Oh, fuck. Technocracy? Net zero technocracy. That's not that we want it. That's the number one issue. Currently get in, we're going net zero. You will own nothing and be happy.
Starting point is 01:50:50 We will have personal carbon footprint quotas, CBD sees the whole nine yards. Of course, Bitcoin is the antidote to that. But to me, that's my top of mind issue. And no one really, they'll just give you a blank stare when you try to explain that to them So yeah, Tom and then Francis and then I'm gonna ask maybe one more question We'll do your closing thoughts then we'll get out of here and we can go sit in front of our
Starting point is 01:51:14 Boob tubes and watch the election results roll in Tom most important Jobs like you got to go to the biggest employers the small you got to go to companies like bull Bitcoin say hey What do you guys need? How do you grow? They're not gonna solve inflation The one thing they can do is put in policies to attract jobs into this country Because when we have people working we at least have a chance But if you don't have jobs in the path we're on with the quality of jobs we have like if I'm an entrepreneur And I have capital deploying this look at me and my brother Nick with our business. Why would I look across right now and decide to deploy more capital
Starting point is 01:51:49 in this country? Like it doesn't make any sense to me. So why would the government not be going to the entrepreneurs in the country saying what do you need to bring in more jobs into this country? They're not going to solve inflation or do anything like that but they can put in some policies to attract jobs, makes the tax incentives better for companies in certain industries. So to me, it would be jobs. Okay. Francis, what do you got? I mean, what people really care about is usually provincial issues. You know, it's going to be healthcare, it's going to be education. A lot of it is going to be also the municipal
Starting point is 01:52:23 issues like fucking fixing the traffic. That's like what the average person cares about, like I work with schools, I want to get to hospitals and I want like no traffic. So that's why federal elections are a little weird because most of the large issues like don't affect people that much. So the ones that do affect them I think crime is number one. So crime, the criminal code is federal jurisdiction. And the one that I would like to focus on that nobody thinks about ever is constitutional matters and the relationship between the provinces and each other
Starting point is 01:52:56 and the provinces and the federal government. There's two things that if you look at where the money comes from and where the money flows, a lot of it is federal health transfers and equalization payments, right? So tons of money is flowing. Like why does Canada have a health government when health is a provincial issue, right? It's because the federal government's job is to manage the money for health care, like to tax and send it to people. There's no competition amongst the province. There's like a leveling down process
Starting point is 01:53:32 with equalization and with health transfers. So what I would, and like almost no one talks about that except like Maxime Bernier, Maxime Bernier on the outskirts of his policy is the idea of like a more decentralized confederation. But I think there's at least three provinces, there's like four provinces that I think would kind of like go for a provincialist party, which advocates
Starting point is 01:54:01 for a massive reduction of the federal state. The case of Quebec, for example, would be compensated by a massive increase of the provincial state. And in the case of Alberta, maybe it would be like, you know, not so much of an increase, but you know, you have Newfoundland, Quebec, Alberta, Saskatchewan, like these four provinces, I think would go for like a more provincialist party. I think the Confederation of Canada needs to be renegotiated. In fact, Quebec never signed it, so I mean it's kind of like a fake
Starting point is 01:54:28 constitution and it doesn't actually enforce. But nobody really talks about that, but like honestly I think that the issue that people, because inflation is also not something that the Canadian government can solve that much, right? These macroeconomic trends, you know, so there's not much that they can do on inflation. No matter how much we want to blame inflation on the government of Trudeau, there's inflation all over the world.
Starting point is 01:54:58 It's like marginally more in Canada, but it's not, there's a bank of international settlement and, you know global Central Banker cartel that you know your MP is not going to tackle for sure So I think the number one immigration is in one right so immigration and crap Like I think I would put immediate an immediate moratorium on immigration like starting tomorrow like sir Things at all I would start
Starting point is 01:55:23 Kind of follow Bernice platform, you know, start with deportations immediately, immediate moratorium. And in a case of the provinces, like, you know, Quebec has its own immigration ministry. It's the only province that has that. I think the provinces should have a say in deciding the selection of immigrants for sure. Totally agree with all this stuff. It's like, it's obvious that there's an issue with the confederation at the moment and people are much more interested in sovereignty even if they can't articulate it. Things like immigration, asylum seeking and then obviously the relationship between the provinces whether it's through trade or other means. everyone is thinking about this stuff now in a
Starting point is 01:56:06 way they weren't before. Let's get out of here on one last question. This is a Bitcoin show. I appreciate everyone's time tonight. You could have been doing anything else. You're here with us. It's been fantastic. People listening, watching. We're going to peak somewhere around 4,000 people here, which is outstanding. I thought we were hanging until the polls closed till we know the winner. Do you want to keep going until, you know, what do you want to, they're going to start counting mail-ins in two weeks. Like are you going to hang out until then? Like we can't be here for two weeks.
Starting point is 01:56:33 I have a job and a kid. The thing I would ask you guys, and I want your opinion on this, the Bitcoiner in Canada, give me what the Bitcoiner should be doing over the next three to five years regardless of who wins. Because as we, I think as we all agree, the sort of best case scenario here is that we slow what is already a predetermined decline in this country. The currency is weak. We may see provinces leave the confederation. A lot of these things, the inertia is too great. And we as Bitcoiners have to be agile and prepared. So Len, I'll start with you.
Starting point is 01:57:13 Maybe don't go more than a minute or two, but what should Bitcoiners be doing? Three to five year plan? Immediately they should start spending their Bitcoin because this is a medium of exchange. But at the same time, they shouldn't spend their Bitcoin if this is a medium of exchange but at the same time they shouldn't spend their Bitcoin if they want to remain under the radar because as soon as you start spending it this is something you have to report to CRA and if you don't do that if you don't make it report your cells and buys or sells with them with CRA you could potentially be asking
Starting point is 01:57:39 it for some real problems in the future so that that's the big thing is and also learn how to take your Bitcoin off an exchange. Well, Bitcoin, thankfully you can't keep it on there once you make a buy in order to facilitate the purchase. You have to provide a Bitcoin address to send it to. A lot of people aren't doing that. They're buying it from exchanges and keeping it on there. And by doing so,
Starting point is 01:57:59 you're asking for a whole lot of problems in the future. A, it's not yours. B, it could get hacked. C, it could go tits up. Or D, the government could come, B, it could get hacked, C, it could go tits up, or D, the government could come in and take it for you. Probably the last option is least likely, but it's still an option that's on the table.
Starting point is 01:58:11 So people have to learn self-custody. And so learn how to use a cold card, sparrow, your own node, the whole nine yards. Over. Build Bitcoin communities. Know the Bitcoiners in your town. Go to the meetups. Get used to zapping each other Bitcoin. You know, if you go to the bar with your Bitcoin or friend and somebody pays for
Starting point is 01:58:32 the beer with their credit card, get comfortable with using Bitcoin with each other, because if this thing goes really bad, you're going to need those connections. Talk to farmers. Talk to whoever your barber, pay your barber and sat, get used to it, to get used to making Bitcoin and meet and exchange. Love it. Brad, what do you think? Three got to just stack as much Bitcoin as you can. And if Carney wins this, then you don't want to be in Canadian dollars, as little Canadian dollars as possible. I would say if Pierre wins it, it's like gonna be much better.
Starting point is 01:59:30 Opportunities will be much better, taxation will be much better, free speech. But if if Carney wins and you're not a pleb and you've got a lot of your net worth in Bitcoin, then you really got to kind of take this at a different calculation and you should probably get a second passport. You should probably think about leaving. Canada is not far behind the United States in terms of like Ray Dalio's cycle. I don't know if anybody else subscribes to that or likes that theory of like the rise and the decline, similar to the fourth turning stuff. Canada's not too far behind the United States, but we don't have the privilege of a like
Starting point is 02:00:11 strong military and the world's reserve currency and the global reserve asset, you know, our bonds being a global reserve asset. So if you're a Bitcoiner in Canada and you have a lot of your net worth in Bitcoin and Carney wins, just look at what's going on in Europe. And the signs are on the walls that you could be targeted and probably a good idea to start thinking about exiting. So that's what I'm going to be doing. Bleak. Okay. Mark, can you out bleak that? Are we going to get some rainbows and sunshine here or are we going darker? No, no, not rainbows and sunshine. Sorry. I mean,
Starting point is 02:00:50 even if Kearney wins, the kind of Canada that we're going to get as a result will have its own opportunities. I'm sure, you know, like VPN companies will print money for the next few years and that sort of thing. But the combination, you could go tribal and you got to have a plan B, like Brad was saying. So this, what we have here is a tribe, Bitcoin is a tribe. And my thesis has always been like we're in the decline of the nation state, right? We're going into a network, we're going decentralized. The nation state won't disappear, but it will become, it will have to compete for relevancy with other social and geopolitical constructs. And one of them is the tribe, right? The informal tribe. And that's what we are. That's what we're forming here. And that's what we're constantly adding nodes to.
Starting point is 02:01:46 Then on the nation state level, yeah, have a second passport. I still have to finish off the paperwork to get, you know, the rest of my family our Bayesian citizenship, just because it's easy, you know, it's a quick path. And aside from that, other than naturally stacking as many sats as possible, try to own businesses. If you don't own a business, start one on the side. If you have a side business, like start another one and just get, cultivate as much optionality as possible in your life. Yeah. The optionality thing is big. It's one thing I hear from Bitcoiners and my co-host an awful lot. Tom, what do you think? Three to five years. Are you leaving too? I mean, everyone's leaving. So I don't know. Maybe next time we'll have to do this in a different time. Like we'll have to do it because it's like everyone would be in a different time zone saying like a positive. I didn't want to say rainbow actually positive The you got a stack harder and the reason you got a stack harder is because people cannot spot trends
Starting point is 02:02:54 You know when I was at Oracle in 2005 I went to my manager and I said hey look I'm gonna leave Oracle because there's a company called net suite and what they're doing is they're taking all accounting data That used to be in this architecture of client server and it's gonna go all in the cloud because there's a company called NetSuite. And what they're doing is they're taking all accounting data that used to be in this architecture of client server, and it's gonna go all in the cloud. All these businesses are gonna start accessing their accounting software through a web browser. And in 2005, my manager who was working
Starting point is 02:03:18 with an American tech company, Oracle, a big database company, he turned to me and he said, "'Tom, no one in their right mind "'is gonna put their accounting software, "' the very lifeblood of their business into the internet. That's just not going to happen. I looked at him like he was crazy. I quit. I joined NetSuite. Within two years, NetSuite went public on the New York Stock Exchange for $1 billion, 24 months after that guy made that comment. And I feel like everyone should stack harder because we're about to win huge and no one sees
Starting point is 02:03:50 it. Well I think all of us kind of see it here but the majority of Canadians don't see it. So to me you should stack harder because there's a major trend change here. What the old system is dying, there's a new global monetary system that we all know about, and we get to participate in it, we get to own part of this thing. It's the most beautiful opportunity we're ever going to have in our lifetimes. Stack harder. Totally. Francis, take us home, buddy. Three to five. Man, everyone just said what I was going to say. So Mark made a really good point about the tribe. And I remember during during the
Starting point is 02:04:26 COVID trials, that's the one thing that I was really thinking about was, I don't have a tribe here. I am alone in a sea. I am behind enemy lines, essentially. I'm alone in enemy territory. And I was not able to generate a tribe around me because of my geographical location. I was in the most communist part of Canada, right, which is like the plateau in Montreal, like the place which votes Marxists, essentially. So I left, right? But Mark also talked about optionality, which is the whole point of Bitcoin, really, in the era of the sovereign individual.
Starting point is 02:05:03 This is what I was talking about at your conference, Tom. It's like Bitcoiners cultivate optionality. So you essentially have to two choices. Either you constitute your tribe where you are, like Boomer said, you know, you can create a local meetup, orange peel your rancher, shake your rancher's hand, make sure that you are able to purchase what you need on a daily basis with Bitcoin So that's gonna be like your food essentially
Starting point is 02:05:27 So make sure that you're able to buy food with Bitcoin and encourage your local economy That can be a meetup or like they're doing in Calgary like with the South market but you should cultivate optionality in order to leave the country and Just like it as a quick point. You don't need to actually have a second passport to leave Canada. You can keep your Canadian passport forever It's totally fine. You don't need to pay there's a lot of services out there that sell passports like a Lot of these are scams. So if you're considering paying 250 grand to buy a passport like don't You can live in a bunch of countries with on your Canadian passport It's totally fine. But the thing that you should be doing for sure is thinking about
Starting point is 02:06:08 preparing for a potential exit tax and how to How to move your assets out of Canada So that's gonna be like the main burden because once you've decided That you want to leave and that your family is ready to leave and you've made that choice you want to leave and that your family is ready to leave and you've made that choice to deal with the exit tax can be complicated. So it's really nice if you've prepared years before actually leaving and there's a lot of strategies that people can employ to mitigate their taxes. That's a discussion for another time. but obviously like if you're not all in on Bitcoin right now sell your assets and buy Bitcoin I don't I don't
Starting point is 02:06:51 see a lot of other assets that I would be holding if I was Canadian I would definitely you know I recognize like owning a home is fine you know like if you own your own home it's perfectly fine and especially if you have land you know I don't think we're the point where where the bullshiviks are gonna seize your land so I don't think that's a huge concern. However, I definitely wouldn't have eight condos in Toronto. That's not an investment I think is great. So if you have land, especially family land or inherited land, that's awesome. Good for you. Don't sell your ancestors' lands for Bitcoin right now
Starting point is 02:07:25 if you don't plan on buying it back at least. You don't need to sell your family home necessarily. You will though, if you want to, you know, do the exit, the fiscal exit. But if you own anything else, I don't really, I don't really see what I would be holding that's like not Bitcoin right now. And so it's just stack.
Starting point is 02:07:44 And the comment about also having a cashflow producing business that's digital, that's like not Bitcoin right now. And so it's just stack. And the comment about also having a cashflow producing business that's digital, that's remote. Again, Mark, I'm sure you've read the Sovereign Individual. It certainly sounds like it. But there's a lot of opportunities for people to make money with AI encoding online businesses. We've I coded a coconut delivery company in like six hours over the weekend.
Starting point is 02:08:06 Me and the co-founder of Bitcoin jungle, which is my neighbor, just for fun. And with Instagram ads and we did like 600 coconut sales for like the local dude. We're vibe coding a fish delivery platform right now. Um, we're doing all sorts of, uh, funny, interesting little experiments on how to create these micro little businesses. There's a lot of opportunity for people to do that. So if you have if you are, if you're planning on your Canadian retirement fund money, and you own a condo downtown Toronto, just rethink your entire life like right now. If you didn't rethink your life, you have the opportunity to rethink your life during COVID. COVID was the moment to
Starting point is 02:08:52 reinvent yourself from a normie NPC into a international pirate. If you didn't do it during COVID, that sucks, but it's not too late. It's actually not too late because you can still leave, right? So you can still leave, like they're not blocking the exits. They will, they will block the exits. So reinvent yourself, take the chronic catastrophe as your second kind of like COVID event that you didn't take advantage of and reinvent your life entirely. I love that. My advice for people is you'd be
Starting point is 02:09:26 surprised the things you will realize if you can get to a 225 pound squat. So work on that and see what good things come, see what good fruit your tree starts to bear. Gentlemen, Ben Outstanding, thank you so much for your time. Joey, I want to just intervene quick because we have Francis here and I just, Francis, I want to put you quick because we have Francis here and I just Francis I want to put you in a spot if you don't mind because today the website is down under maintenance. Maybe you can give us some guide on what's going to happen in the future because people are wondering what's going on with bull Bitcoin website. Maybe you could just give us a little bit of a sneak peek of what's gonna happen. Yeah sure so we announced it week, but obviously nobody reached the emails. We were going to be down today. So long story short, we built a software between 2013 and 2025 that's been running.
Starting point is 02:10:16 So like the bull Bitcoin app that we've been using has been running for like 12 years. And you know, we took the dog in the back of the barn and we just shot it this morning. So we literally assassinated the old bull Bitcoin platform. We've been working on the replacement for the bull Bitcoin platform, which we internally call bull Bitcoin 3, V3, but it's just a new bull Bitcoin. So we spent about four years rewriting the entire bull Bitcoin exchange from scratch. And right now what's happening is we are migrating people's data from the old Bull Bitcoin app to the new Bull Bitcoin app. So that's why it's taking a really long time because we're basically taking a snapshot of everybody's data, closing down the old one,
Starting point is 02:10:58 migrating it to the new one, and then relaunching it. Probably in the next couple of hours. So the bull Bitcoin engineers are still awake, still keeping an eye on the migration. And we're probably, that's what I've been doing all day, essentially just doing that. But I think we're probably a couple hours away from launching the new bull Bitcoin. So this is like the new app that Europeans have been using since we launched in Europe. Costa Ricans have been using this for a year and a half and the Mexicans are now using and it kind of sucks for Canadians. Canadians are the last ones to like get to use the new bull Bitcoin app but that's because we the job to migrate data from one system to another is insane. It's a lot of work. It's truly mind-blowing how much work went
Starting point is 02:11:47 into that. We're talking about like 14, the whole thing is like 14 engineers over four years building this new software platform and a lot of money. So I'm really excited tomorrow morning. Anybody that loves onto Bull Bitcoin is gonna log into a totally different app. That looks totally different. It feels totally different. Um, it's much better. So I know a lot of bull Bitcoin users that have been using us for 10 years. Maybe like, I like the old one.
Starting point is 02:12:13 Why didn't you change the old one? Um, it was on its way out. It's, it's definitely like an old horse that still looks fine from a distance, but you know, about to have a heart attack any day now. Um, but it's great. So excited. That's the combination of four years of work that's happening right now. So could be happier. Can I just, can I just give you a shout out Francis that bull Bitcoin gives the fastest approval for corporate accounts I've ever seen in my life because I have to do my buys through a company and a couple of different companies and it's like you like
Starting point is 02:12:54 there's there's another exchange I will not mention that I'm still working on and it's been going on for months and with you guys it's like boom boom boom done like 24 hours. Did you use the old app or the new app? It's the old one. Oh, shit. It's going to be even faster. Yeah, so that's great. For corporate, personal is always great.
Starting point is 02:13:15 But whenever I have to create a corporate account on a Bitcoin exchange, I just like, oh my God, I'd rather do my taxes. But with you guys, it's like really fast. I love it. Yeah. With our clients who are brand new to Bitcoin a lot of the times, they go to Bull and the service from the team there, Francis, and I think you know this incredible, like eight plus 10 out of 10 shout out to the Bull team. Amazing. It's my go to place.
Starting point is 02:13:41 We love it. All the differences we got, we got local Canadian boys doing the customer service. We don't outsource that to AIs or to anybody abroad. So, you know, it makes a huge difference. And these guys, like a lot of you have met the Bull Bitcoin team. You know, they're not they're not like random customer support agents. These are Bitcoin fanatics. They are in love. Yeah.
Starting point is 02:14:04 You know, and they're they all come from different backgrounds. And a lot of them actually could be retired right now. I'll be honest. A few of them could just do something else. And they work on bull Bitcoin because it's just such an awesome job to spend your day talking to Bitcorners and help Bitcorners out. So we hire guys that do that as a passion project.
Starting point is 02:14:30 So thanks guys, I really appreciate that. So tomorrow morning, I think none of you have seen the new Goldbikern, I think, right? Have you seen the new Goldbikern? I'm on it now. Yeah, we're on it. We're on it. All right. Okay. Yeah. Tomorrow morning, everybody's going to be able to use it. Yeah, the rest of the nation there. Listen, guys, incredible content tonight, incredible conversation. Thank you so much for coming, for sharing. I know we started a little earlier and went a little longer than we originally intended, but important discussion. Elections are boring
Starting point is 02:14:55 most of the time, which is how we should like them. But this one, I think, yeah, it's going to be guiding the country during a turbulent period and you want leadership that's both competent and willing to take a backseat to other competent people when the time is right and so I thought it was good that we were able to get together. Anyways everyone thank you for listening, watching. We'll see you next time.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.