The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - The CBP #174 (Other Notables News Stories) - Bitcoin Conference Wrap Up, Bank of Canada Monetary Policy Report, Throwing Poop

Episode Date: July 31, 2024

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hopefully not your junk god 108 18 okay notables where do you want to start the olympics okay yeah let's talk about this the olympic opening ceremonies sorry olympic these are notes something i got from the associated press and um they were talking about an article that the opening ceremonies were very unique and they had like a naked singer painted blue. They had a drag queen there. Minaj. I was almost shown on camera until the doors slam shut at the tail end. Uh,

yeah, there was intimate embrace between two men that danced away, hugging, holding hands. So like, there's a lot of stuff going on. Um, the L B G T Q last supper.

Um, we also had, I'm not sure this kind of is floating, flying under the radar, the LBGTQ Last Supper. We also had I'm not sure. This kind of is flying under the radar, but the Olympic rings that are there, they're multicolored. So that's another. They had the beheading of Marie Antoinette. Yeah.

There's so much thing. I don't understand. Anyways, CBS News says the organizers behind the Paris Olympics had to apologize to anybody that were, that was offended. Like I get it. The Olympics, it's about being inclusive,

right? Like you don't want it to shut anybody out. And that's cool. Like to embrace people and to make it a big party for everybody. But you know what? You don't want to have the ball sack of somebody being shown on TV, which that's what happened. Like there was somebody's ball sack shown like really what the fuck are they trying to achieve here in the in response the international olympic

committee even had the video a video removed of the opening ceremony from youtube and they're trying to also hide this and try to get this removed from x as well their claim is that there's uh jurisdictional issues with posting the video i'm not sure i buy that but continue well this i don't know there's so much i that just rubs a lot of people the wrong way and okay we'll leave that alone because that is what it is but even the games themselves the first day of the games i can't believe i'm kind of laughing at this but the australian cycling team i'm not sure if you saw this the very first day they got there they got robbed yeah and their equipment and they ended up finding it not too long after but man like they even have the swim that's supposed to take place

in the river it's now they can't take place because second day in a row yeah yeah heavy rain so they try to get rid of all the feces in it but heavy rains have just i guess who knows they have a unified sewer system yeah they have a unified sewer system over there so when you get a lot of rain the backflow is actually not just rainwater but it's your every piss and shit too yeah i mean i mean the beaches it's also people just doing it and you know if there was yeah if there was ever a not get like don't get fired story it's got to be this one i think uh i have somebody noticed yeah they also had a power

outage across the city yes yes yeah queen kelly opened the chat there yeah yeah you're right true Very true. I mean, I'm not a particularly easy guy to offend. I don't have these sort of pearl-clutching sensitivities. I think a lot of the right-wing influencers are like, ooh, this is terrible, blah, blah, blah. Let me just say this, okay? There is a culture war going on all over the world. And one side of the culture war wants to make it so that there is just nothing that is outside of the window in terms of acceptable behavior, whether it's,

you know, three ways at the Olympic opening ceremony, insulting the last supper, you know, or any number of other things that were on display during that um opening ceremony event or any other behaviors uh in broader society okay everything cannot be acceptable this is just not it's not how functioning societies work uh there has to be limits on the indulgences of the flesh and you know i'm not like i said

overly religious len i'm not particularly offended by the last supper thing i you know i was raised catholic but i've since kind of distanced myself from the church although i will say i'm more spiritual now than i think i've ever been but you know you think you could you think you could make fun of uh islam the same way they made fun of catholicism during that uh opening ceremony or no i'm probably gonna say no yeah i would say no to number when was it charlie head bow is yes happened in france right they learned their lesson they learned their lesson about which religion they could offend without having a mass shooting happen, a mass murder event happen. And I think that's cowardice on the part of the organizers.

Other thing I would note, I'll try and pick my words carefully here. Are they adding fans by doing this sort of thing, you think? Or are they losing fans by doing this sort of thing you think or are they losing fans by doing this sort of thing what are they what is the net you know the net flow of viewers um for the rest of the olympics based on that opening ceremony uh if i'm gonna guess it's in that negative the people that are very traditional in their lifestyle and you can even point to people that are um devout islamists um they're they're not gonna do it and i just there's no way you're gonna have a neck gain from this like you're just gonna piss off more people i don't understand why they would do this it seems like there was a message they were trying to to push down people's throats for what reason that's a good question and what is the job of the you know opening ceremony organizers is the job to to establish your political beliefs and and share

them with the world or is it to promote the olympics that's all it is it's it's just the olympics are a bunch of people getting together at this point what you know a thousand two thousand year old tradition almost like some of these games are and so like are you really again like i feel i sometimes i like have to grapple with this idea that i'm pearl clutching but i don't think i am here this is a tradition that's older than so many others and we've seen over the last 10 or 15 years, traditions that used to be really valued in society, sacred almost, eroded because of political interference and this inability to separate politics from culture. And these things should be separate. I don't think that's really a debatable thing.

And more sports are coming to this conclusion. The NHL is starting, obviously, to get away from political expression and things of this nature in their games. Baseball as well. Football, I think, will be next. At some point, you have to ask, who are you trying to appeal to and what message should you be trying to send? And to me this is

it's like a traditional athletic event you know do you need the three-way do you need the drag queen last supper what what what about the olympics does that represent which zero which it should just be athletes it should just be talking about people's accomplishments in terms of how they qualified and what they've done in terms of maybe records they're setting, personal best, world records. On top of that, on a little bit different but similar, going forward, who would want to bid on an Olympic game? Look at what's going on in whatever country you're in.

I'm assuming whatever country you're in i'm assuming whatever country you're in the books aren't balanced year over year no there's no country with balanced books at this point right would anybody want to bid on an olympic game when you're going to have to spend a lot of money for security for upgrading for building new uh facilities that granted there may be some benefit in the end some benefit because you might have to build new apartments or improve infrastructure but you could just simply do that without bidding on the olympic games and you'll come out way ahead so i'm trying to say like for this and even like stuff like fifa like why would anybody want to support these type and put a bid in just don't and spend your money wisely and other things like why do it

and you're making it also more difficult for the residents during that period of time when the games are running like i'm sure the people in paris have to adjust their lives now that they have a whole bunch of new people coming in for better or for worse they're gonna have to adjust their lives now that they have a whole bunch of new people coming in for better for worse they're gonna have to do that so like if you have a schedule you have to go to work maybe they can't go to work and they have to adjust their schedule accordingly so like i'm looking at this this thing is it's not just the celebrating of thousands of years of games there's a lot it's a business and there's a lot of greasing of palms and stuff yeah i'm saying this especially with fifa this happened in the past i don't know if it's still happening but man oh man like you look who was it qatar how did qatar win like because it's crooked the ioc is the most crooked institution on the face

of the earth it's not even close yeah these these people are the definition of you know backhanded briefcase exchanges there's like no one worse than these parasites and this is the why would you even get because because you stand because you stand to get rich you like that i mean why does anybody do anything like tony kornheiser always says the answer to all your questions is money and uh you know here's another example anyway this should be in a something that's on a ticket if you want to go ahead with it you know vote for me and this is something i propose if you don't like it don't vote for me and if people vote it then it probably it probably has been at like the municipal level in the past

right or the how's it it's not just municipal this is this is a bigger i i agree with you but i think it's been on state tickets before i i am sure that provincial politicians have talked about olympic bids in the past and that if talk about a one voter right yeah anyways let's let's go on to california sure and newsome i'm not sure if you saw this but he's cracking down on homeless i love this isn't this so funny what a so yeah this past week he issued an executive order to get rid of all homeless encampments in the state of California. Yeah. And according to a post on X Newsome wrote, no more excuses. We provided the time we provided the funds.

Now it's time for locals to do their job. Cool. So yeah, like I understand these campster eyesore, but the problem is where do they go? They just simply can't disappear. The homeless exists and according to the associated press california has about one-third of all the homeless in the entire

united states nice that's a big chunk that's a huge chunk and i guess for a number of reasons weather being probably one of them if you have no home like you know so you have to ask like why are these people homeless i guess some people can't find jobs because they don't have enough to support themselves right because if you look at the cost of rent the medium household income is for somebody that is without a home is 960 a month rent is 1400 a month so they can't afford rent so others there's maybe some condition either it's a physical or mental condition something that's just preventing them from getting a job and making ends meet there's even probably a small number of people out there that may be lazy i think

they make up a small percentage of all homeless but that's just my opinion could be wrong but i don't think that they are very measurable either way there's a lot of people just because of circumstances they can't get job and now they're homeless and that's just too bad but yeah as for removing the camps the state said they're gonna what they give reasonable i'm using air quotes here notice to the homeless and offer to connect them to local services and help store their belongings for at least 60 days if you're homeless what sort of belongings do you have this story you seen the shopping carts some of these guys have they got they're just they're accumulating i have and i feel bad for like that's their livelihood it's all stuck in that little cart and it's going to require a huge coordinated effort to solve

this problem it's not just simply sweeping this shit under the rug rug it's you gotta do something go to the source try to fix it look i guess it's an election year and they want to improve things they had she there earlier this year and they probably saw the results from that they want to try to copy that everywhere but really like what the fuck you're gonna do with these homeless they gotta go somewhere put them in the woods. They got to do something. Put them away. What they want is these homeless people away from cameras. Right? That's my guess. They want them in shelters.

They want them in heavily wooded areas. They want them out of the state. They want them whatever. We will see where they end up. California, one of many locales, as you mentioned earlier, does not have balanced books, does not have money to support all these homeless people. So what are they going to do? You know, there's a, there's a long sort of longstanding debate between, I think, addiction

pragmatists and addiction sympathizers about whether or not you should be able to force treatment on publicly addicted individuals. And California seems to be going down this road where they're going to force treatment. If you're telling a homeless person, you're going to connect them with the services they need while also telling them they cannot go back to being on the street. What are you really doing? That's forced treatment, right? Now, I personally am not for forced treatment, but you have to criminalize public consumption of serious narcotics that is a risk to the public good. And to me, that's not the same as forced treatment. So let's see what Newsom does and what the state does. You and me have talked about California a bunch over the years. And it seems to me like over the time we've been doing the show, things have gotten progressively

worse there, right? This might be the first time where you've seen a story from California where you think this is a good idea to get these people off the street. So I got to give them some credit. The question is, like I said earlier, you know, where are they going to go? And, you know, as you mentioned, there's no way to get rid of them so they have to go somewhere let's see what happens you know we can only sit back and watch and wait for next week on canadian california podcast you gotta go to the root they're homeless for the most part i'm gonna say here i'm sorry if i'm painting everybody with the same brush but they probably just don't they don't have the ability to make enough.

So they have to somehow earn money and continually earn money. And so that could pay for rent or eventually buy a home and then pay for food and that gets them off the street. But how do you get there? How do we train people or how do we help people that just don't have the ability because of their mental conditions or even substance abuse? Like, I don't know, man, that's getting harder and harder and it gets worse and worse because the physical or mental conditions or even substance abuse like i don't know man that's getting harder and harder and it gets worse and worse because the price of shit goes up and it gets harder to maintain just a bare minimum and that's because money has been devalued

and continuous to get devalued and this is not something that's just a recent phenomenon two percent inflation which they're trying to achieve it's still devaluing money just that i'll be at a slower pace so let's go to north let's go to canada can we talk about the monetary policy report we can we will the floor is yours okay so uh i was saying to land before the show i think i might start doing a video on these reports every month because number one i want to learn and number, there's a lot of stuff in here that is meaningful for Bitcoiners and Canadians broadly. I said to Len before we went to the air that to me, the tone of this report is the tone of a group of people who are tired of being right and pretending they are not. And it's a group that I think understands there's

a potential that they have a different master come next fall. So let's dive into this a little bit. So this monetary policy report is about 25 pages long. There's an executive summary, among other things here. And reading something like this can be a little bit intimidating if you've never done it before or if you don't you know have a podcast or you're talking about this stuff all the time but i think people who listen to and watch this show probably also listen to and watch other shows that cover similar content maybe not specifically canadian but you've heard enough of these terms and understand enough of these systems to know that the Bank of Canada, for all its flaws, is starting to stop pulling punches when it comes to its criticisms of economic policy

and other things that are going on in the country. So a handful of things here. The outlook for Canada, not great. I will tell you that we are in kind of this slow decline when it comes to all the G7 nations. I'm kind of just picking through my bookmarks here. So what you see, this is really terrible because we've sort of been told this story about immigration, for example. And we've been critical of that story for a long time on this show because we can see in our day-to-day lives and we can see in the data that immigration as an economic policy has failed. The experiment has been run. It has failed.

I don't know if you could say the same about other countries. I suspect probably you could. But I want to take a quote here from the Bank of Canada Monetary Policy Report. This is under the housing section. The increase in housing demand from newcomers is being felt across all types of housing, but the largest initial impact tends to be in rental markets. This is because most newcomers start out as renters. Growth, that's chart 3C. Growth in the housing supply has not kept up with

the strong increase in demand with construction activity remaining close to pre-pandemic levels. We've been bringing in a million people a year since 2020, and we're at pre-pandemic levels of home building. That's one problem. The other problem with the immigration policy that I think is really going underreported, but as was pointed out by Rich Diaz, friend of the show, among others, I'm going to just draw on his tweet here because he's got the chart. This is chart 3B. And actually, I want to share this with people who are on video because this is important. And it's important for a couple of reasons, but mostly because there's an issue, I think, with the way we discuss immigrants, employment, and potential.

And specifically as it relates to demographics, there's a clear divide in what we can expect from an immigrant population coming into the country. So let's have a look at this. For people who are on audio, I'll read this out. This is a chart in the report. It's titled, Newcomers are more likely than others to be unemployed across all working age groups. This is unemployment rate, 2024 Q2 average, seasonally adjusted quarterly data. Here's the problem. Okay. This is a Canadian born 15 to 24. You have about a 50 or Canadian born 15 to 24 unemployed, it's about 13%. Canadian-born long-term immigrants, been here more than five years, is 15%.

And Canadian unemployed newcomers is 17%, significantly higher. So you're talking about, I don't know, 10%, 15% increase over the Canadian-born. Then things get really interesting in the 25 to 54 category. Canadian born unemployment, just a little shy of 5%. Long-term immigrants been here more than five years, 6%, 6.5%. Newcomers, close to 10% are not working within the first five years they get here. Now, if you think that's bad, let's go to the 55 plus. Now, don't forget, there's policies here that are being changed and molded over the last little while. You saw our immigration minister talk recently about

caregivers being able to come over with PRs. So caregivers are often children of parents. And so basically, you're getting entire families coming over here, which includes a lot of people who are seniors. Now, I'm not knocking seniors for wanting to come here. I would want to come here too if it was a free ride. But the fact of the matter is we can't sustain a free ride. It's actually made more severe by the data. Canadian born, unemployed, 55 plus, 4%. Long-term immigrants, 4%. Newcomers, 15%. So you have a huge gap in what you can expect to see in terms of the differences between people who are working and people who are not working. The other problem is that you're seeing all these 55 plus people coming over and not working.

Do you expect the 55 plus crowd to get a job when they come here, Len, at all? No, but there's more to this than meets the eye go ahead so one group of people that are coming here is like a if you look at like uh from countries that are immigrating to canada india is is one of the more populated countries india it's like three or four times the next closest India. So, and if you look at the parents and grandparents that come over from India that are 55 plus, they're coming here for the most part to take care of their children's children. So they're going to be providing, this is just the way it's done. It's just traditional in that society, which is fine.

So they're not coming here to work they're coming here to care for somebody and that what it does it enables both of the parents of that child to go to work that's historically how it's that's the that's the aim yeah okay and so that's why you're seeing a lot of them not work so it goes a little bit further canada historically if you look at the people that bring in for parents or grandparents they tend to not bring as many comparatively to the other categories and the reason being is they know canada understands that they're not going to be working in comparison to say somebody that's young for example if you bring in a young kid like a father or mother sponsors their child to come here um it's likely that kid's gonna be a productive member society

go to school then get a job and pay taxes so forth but an older person probably not because it's harder to uh to get you know into the society that they're moving into sometimes language barriers so they try not to bring in that many people under those categories because they tend to be more of a burden than a long-term health because older people need more health care older people they tend to um you know they're just going to be taking services more so than adding to it so that's why so that's what it is that's why you're seeing them a lot in terms of numbers why they're not working is because they're coming here yeah i honestly i honestly think you're right but i don't think it matters because the jobs that immigrants are

getting are low skill low wage labor type jobs tim hortons and whatnot is like you know sort of the famous meme and so you would need 50 tim horton staff to uh make up for two parents who are going to be you know not only net draws, but only draws like literally paying in $0, uh, to the pension, to the benefits, to all the stuff that, you know, Canada has been told this is like sort of golden goose of the modern world in terms of, uh, old age security, not in the technical sense, but sort of like the lowercase old age security. Uh, and so I don't buy that. I think that's a, I mean, it's not your bullshit narrative, but I think it's a bullshit narrative

because there's just no way that pouring coffees or driving Uber, or we've seen lines crammed to the LCBO. You need so much more than just two working parents to care and pay the cost that the grandparents will take on the system. It's big. And to me, it's a huge net loss that's going to cost Canadians big time over the next 30 or 40 years, big time. Population growth in the aged 15 and older crowd in 2024 will be 3.3%. That's higher than anywhere else in the world. And as we heard earlier from the bank, there's no new housing, all still pre-pandemic levels. Peter St. Ange, uh, who's, you know, become popular on Twitter over the last year or so wrote an article that zero hedge carried called Canada's worst decline in 40 years. Some great charts here from the

financial post and from the, uh from the Monetary Report as well. Stuff that we've talked about a lot, the gap between affordability of homes and wages, the gap between nominal GDP and GDP per capita. It's a disaster. Here's another good one. The Canadian government is now paying $55.2 billion in annualized interest payments. That's more than the EI and children's benefits programs combined. Rates are at historic lows, Glenn, I think is the quote you are looking for. So all these things together, let's see if there's anything else I wanted to mention here. No, that's pretty much it from the Monetary Policy Report.

I recommend you read it. It's on the Bank of Canada website. There's one every month. I was saying to Len, like I said before the show, I think I'm going to make a video on it and just go through it sort of point by point. But this is a major problem for Canadians because as your quality of life slides, your productive class will leave. Everyone has a threshold for when they just won't, they don't want to take it anymore. And you're getting closer to that for a lot of people. I don't know where it is for me. My quality of life is pretty good. I get the feeling it's the same for you, Len.

But I think there's a lot of people who are 20, 21, 22. I have a friend, actually my dental hygienist. I was talking to her young son. He's a finance major, just graduated. And I saw him at football. He was playing after us. Actually, we're playing them this week. I better get stretched out from playing against the 21-year-olds. But he was saying that he graduated Lenn and he and like 50% of his friends are basically looking for jobs outside of the country already because there's just no point in staying.

Housing is too expensive. The wages are low. And the demand for these high skill people is high in the States. So this is another thing, right? That's not being accounted for yet. The brain drain that's not ever going to sort of make it to the Canadian knowledge-based balance sheet. These people are never going to work in Canada. They

live here, they're born here, they're going to graduate post-secondary here, and then they're going to leave for greener pastures. That's bad. And that's another thing that's going to really contribute to this over the next five or six years, I bet. And you saw Freeland today tweeting out the newest, latest and greatest affordability measures, that the 30-year mortgages are available for first-time homebuyers today, making your monthly payments more affordable. You don't only have to pay 25%, 30% more in interest over the extra five years and sacrifice your pension as a part of your down payment for your million dollar shoebox in the sky. It's not good. And so, like I said to you before, when we talk about buying Bitcoin and holding assets and using currency as a weapon to better yourself,

this is what we're talking about. The currency will continue to debase. Everything will continue to get more expensive in terms of hard assets. And the debt is ultimately just a number. If you can stomach the payments, if you can stomach the total debt that you're carrying every day or whatever like i don't know i've never been a big advocate of debt you know i try not to keep that much myself but shit it's getting harder to make that recommendation i think uh don't you agree i don't want to touch that with a 10-foot pole because i don't want to give anybody the inkling that you should do it or not do it whatever you think is best but bank of canada is making it easier for people to maintain and take on more debt because they lowered their interest rates this past week

another 25 basis points and this is the second month in a row if i recall correctly that they've done this and their next meeting is september so there's going to be no cut in August unless something I guess, out of the ordinary comes up or no raises as well. So it's going to be like stat just stand pat for next two months. But yeah, they're making it a little bit easier for people to, to deal with this. So that coupled with the 30-year mortgages they're each under owner is not earth-shattering but it makes it a little bit easier for people to enter the market but that also makes it there's more people in the market and so the homes that they're all bidding for theoretically should right yeah and we have a cpi component it's like 30 percent right rents

and shelter i mean these guys these these guys are between a rock and a hard place and the finance minister tweeting yet again that they know the conditions have been laid the ground has been laid by the policymakers du jour for these rate cuts and I would just point out that rate cuts come when economic weakness is on the horizon. I mean, it's like you're living in like kind of bizarro land at this point. It doesn't really matter to me. I don't care. My mortgage is not bankrupting me. I don't give a shit what the rate is, honestly. It's nice to pay more principal, I guess. But overall then, rough waters for Canada, six months eight months ten months when you think you really start to see it when you're gonna start to see people you know sort of in your circle

mentioning that uh you know job security is not great whatever i mean you're kind of already starting to see it i think in a lot of poverty finance canada you see it's bad i'm not i never go there i can't it's brutal so it's not like when it's it is but to be honest it was probably always the case just now it's more noticeable especially when you drive around you see homeless people at intersections asking for money for every or homeless camps that are set up and you just man it's just it's really sad there's more noticeable too and it's not an area's really sad. And there's more noticeable too. And it's not an area in the country that's immune from this.

Everybody seems to have a story and seen something that's close to home. Agreed. It's getting better. Like 30 year mortgages. It's not too long. We've had 40 year mortgages in the past. I think that it was the previous part, the other party that instituted the 40 year mortgages and the liberals brought it down to 25. If I correctly could be wrong um so it's not like there's appetite by

either party to increase mortgages now it seems like that's just what they want to just uh start handing out or just offering to people 40-year mortgages might come back it might become that that would be that would be nuts that'd be absolutely nuts when i first bought my house that was an option a four-year mortgage and man like you think about it it's very attractive it's like wow so your monthly payment's going to be that low wow so i could buy way more of a home you'd just be a slave for the rest of your life but yeah you do the math it's like you'll be done when you're 95 what but japan has 100 year mortgages or something like that how are things how are things going over there pretty sure we're in at least one group chat where every morning there's a japan tweet

things going sideways that's my canary in the coal mine yeah scenario because kevin muir by the way big japan guy maybe i'll ask him what he thinks about uh the latest and greatest over over the pond that the yen has gone crazy in the past few months and it's almost like in a week you'll see it move up or down three or four percent which is insane for a quote-unquote stable currency typically these things shouldn't move that much in that short a period of time there should be some slow movement and that's without much intervention from the bank of japan you're not i can't believe we're talking about japan we're talking about singapore if anything we're gonna do the singapore segment it's been a while since we talked about the singapore dollar

that's uh patreon content only do you want one more story uh let's see uh yeah we might as well do one more scotia bank sure or no we'll have we could do a scotia bank or the feces story uh what the beach thing no oh okay what's the feces story so yeah oh they're hocking feces at the electrical guys yeah it's the same thing this is an area of toronto just east of queen's parks it's in downtown toronto and there's a building within saint jamestown complex over there that they've been throwing feces at electrical contracting teams over there and there's a letter being distributed amongst residents in that building and just telling them please stop harassing them and just don't throw human waste from the

upper levels of the balconies of the workers below. I agree. So what they're doing, in fact, they decided to take matters in their own hands. They're hiring third party security to protect the workers as they're trying to restore power to the building. It's not like they're doing anything wrong. They're trying to fucking restore power to the building. I just want to shit at them.

But they now have to hire staff, sorry, security to protect them at a cost which is going to be passed on to the building and the building itself has to pass on those costs to the residences because the residents because they have to then now pay more in i guess rent or condo fees if they pay that either way somehow this shit rolls downhill. And the people that are living in the- No pun intended. Yeah, they got to fucking pay. So stop throwing shit.

It's like, come on. These guys or gals are just fucking trying to do a job. They're trying to restore power. What the fuck? This is like insane shit. It's late stage fiat. What do you, I mean, what can you say about this? Everyone knows, like, listen, there's a significant uptick in people who seem to not be shy about

shitting and using shit in public. And you get these stories from the beach. You got these contractors having poop hurled at them. Poop. That's a good place to wrap it up. It's better that I'll say this rather than actually having somebody just lean over the ledge and just dropping a fresh one, at least putting it in a bag and throwing it.

What do you mean? It probably is still fresh. Like, what do you think? They just stash it in the fridge. I think it it in a bag and throwing it in. What do you mean? It probably is still fresh. What do you think? They just stash it in the fridge and throw it? I think it's in a bag. It's slightly better rather than just going straight from the Anus where it's just there's no protection. I don't know.

I don't know. God bless everyone. Thanks for coming. I'm going to the beach to do some analysis. Holy fuck. Okay. Good night. And we'll see you Wednesdaynesday with utxo yeah man take

care and don't be a cunt