The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - The UK Social Media Ban Isn't About Child Safety | The Canadian Bitcoiners Podcast

Starting point is 00:00:00 All right. So, Bitcoin mentor read slash promo. If you don't want to lose 185 Bitcoin on Coinbase and you're thinking, hey, maybe there's some place I can go to talk to someone about custody that makes sense is reliable. And it will be white glove. It's not like a PDF that you get one time in your email and then they wipe their hands of you yet. You never hear from them again. Ben, you know Ben, BTC sessions. Nate, Berger, who's a friend of our show, Jesse, and a few other guys over there. Some of the other. best bitcoiners around people who actually know what they're talking about and a filter reputation around competence, trust, and I think professionalism too. I mean, this is a really strong service and it's one of the best in the industry. Of course, at least in part anyway, Canadian too. So go there. Use the promo code in the description and start thinking about stuff like custody, stuff like inheritance, stuff like sudden death issues you may cause your family and your loved ones. If you don't know, if they don't know, I should say what to do with your keys, your wallets, all that stuff. Don't take a chance on this.

Starting point is 00:01:04 Okay. And definitely if they're on exchanges, get them off. Talk to Nate and the boys, BTC mentor. You know what we don't talk a lot about we used to in the past is the SPR. Yeah, we can if you want, though. I know it's in the news today. Is it? I had no idea.

Starting point is 00:01:23 Yeah, incorrectly. Yeah, because it's at the lowest that's been in forever, even though the recent drain. The lowest it's been in recent memory. I don't mean forever, ever. I mean, like in recent memory, it's the lowest it's ever been. So I did some research on Saturday. So at that time, it was

Starting point is 00:01:39 the lowest since Biden was in power. I'm not sure if we went below that, but if we have, then it's going to be the lowest since the 80s. And that was the time which they were setting this thing up. So the funny thing is up until this past week, we had two wars going on that really impacted the price of energy.

Starting point is 00:02:02 For the past four years, I think it was Russia, the invasion on Ukraine. And so a lot of companies, a lot of countries, four years already. I think it's 2022. Maybe. February 2020, I could be wrong. Was it trucker year? I think it was trucker year, right? Pretty sure.

Starting point is 00:02:19 I believe so. Yeah. And since then, a lot of countries, for political reasons, decided, you know what? we don't want to deal with Russian oil. That's one major producer of oil. Then you have this trade of Hormuz. It's going to take some time for this shit to open up. Let's be honest, they've laid those fucking mines in the waters over there.

Starting point is 00:02:40 I don't think they're going to be able to get rid of them ASAP. It's going to be a little bit of time for them to do so. So before the thing is totally open, it's going to be a little bit of time. Well, what I'm trying to get at is there's still going to be some pressure on the markets itself for oil. And the SPR, they've been drawing up. upon this for some time. And as you're noting, that it's been the lowest since,

Starting point is 00:03:00 looks like from the 80s, to give an idea how much they've been taking out. So in the beginning of the Russian war, there was a deal to take out 180 million barrels to deal with that crisis or deal with that invasion over there. Now with the Iranian thing, they said they're going to take out 172 million barrels this year. Okay.

Starting point is 00:03:25 So the SPR, if they do still continue to drain it, it will be sitting at around 300 million barrels by the end of the year. That would be a level who haven't seen for 40 years plus. And it's going to be challenging for them. The U.S., they desperately need Venezuela to ramp up, if they can, ramp up oil productions

Starting point is 00:03:47 to provide some relief to all this. Because they're going to have to refill this SPR. They're not going to leave it in inventories what they have right now. That's going to be more by pressure, more pressure that's going to be you and I can't get access to that barrel of oil so I'm looking at they don't give a shit they don't give a shit about us that's for sure nobody gives a shit about us but you know what they're lucky the US that they did the drill baby drill mantra because by doing so

Starting point is 00:04:12 they are less um they do more themselves domestically they're able to take care of their own issues so on that respect good for them but globally I think this is going to cause a real issue for the next six months or so because they got to refill this fucking thing. And it's funny, this came out of left field. I just thought about it, the SPR on the weekend. It was like, what the fuck? We talked about it all the time when Biden was in power.

Starting point is 00:04:37 Nobody's saying a fucking thing that Trump is in power, and this thing is at the same level that we were making fun of Biden. It's like he's getting a pass for some reason. Maybe the bread and circuses are working. Could be. Our attention is diverted. But I just thought it fascinating. They'd be draining it faster than, I mean,

Starting point is 00:04:52 every president, certainly Biden and Trump over last year, would have drained it faster if they weren't limited by physics, right? Part of the way that those salt caverns work is that you have to pump in water as you get rid of oil to keep that thing from collapsing. And I still think you lose a little bit of volume anyway when you move around the contents. Someone can fact check me on that. The water and oil thing is for sure true. The losing overall volume thing.

Starting point is 00:05:17 And they have to keep a certain inventory to ensure that. Yeah, because it'll collapse. Exactly. So that's what I mean. Like you have to have, there has to be at least one. water in there. Yeah. They would have drained it faster.

Starting point is 00:05:28 Now, the question really for Trump, since that's the era we're in now, the question for Trump is, can you defend this when the midterms come? Can you defend this when it becomes an attack ad? Can you defend it when oil prices, you know, rip back up and you don't have SPR to rely on? Because who knows what the next two years will look like, right? I'm not sure that he cares that much. And, you know, I got to be honest with you. someone pointed out on Twitter today that if you want to know where the American public is on Trump, look no further than which tech guys are still in Trump's corner given all the data access they have about the American public.

Starting point is 00:06:10 It seems to me all of them are still there. Zuckerberg was actually at the fight last night. like these guys have more information than anybody else at all times and it's proprietary so no one else has it they don't have to pretend like they you know don't know or are not sure or are not looking at the data they are looking they have it and I think like more than ever now especially on a place like Facebook where you have a pretty good boomer subset of data like you got to figure these guys all think he's going to win and so like the question really on top of, you know, what will he do to defend it? Maybe the second question is, will he even have to? Like, are the Democrats that rudderless right now that he's not going to have to worry

Starting point is 00:06:53 about any of this stuff? Because Biden had to answer for the SPR during the election and didn't really have a good answer. But Trump would also not have a good answer and may not need to worry about it. That's very fortunate if that's the case. The issue, especially the one with Iran, it was created by the United States. If they did nothing, if they didn't go in and kill the Supreme Leader, the Strait of Hormuz would have remained open and this whole crisis of energy not reaching this destination. You know what? We can play revisionist history, but let's be honest.

Starting point is 00:07:21 Do you think that the Strait of Hormuz would have been closed? Yeah, the state of affairs maybe would have been more or less static. Okay, that's fair. Sure. I think that's a reasonable position to have. The good one for them is what they did. Sorry, let me rephrase this. Long-term planning for United States is better when they got into Venezuela.

Starting point is 00:07:41 and got rid of Maduro. You could talk about the legalities of all this, but it now gives them the opportunity to at least put some people over there that could help spark up the oil industry again. It should be bearish for the price long term. Yeah, definitely. More supply.

Starting point is 00:08:00 We hope. I don't know if it's possible, but that's the, okay, anyways, fuck this topic because I know the next one is more near and dear to your heart. And I know, fire me up. Get me going. I'm going to just say,

Starting point is 00:08:11 Two words. Actually, it's one word and a couple of letters. Digital ID. Yeah. That's it. I'm not going to go any further. I'll leave this to you. So in Britain, Britain's been at the forefront of fucking retarded policy for the last five years, let's say.

Starting point is 00:08:29 Maybe longer. You know, someone who's a city of London expert, you know, maybe a Luongo white or something could tell me more about that. But since we've been doing the show and we've been paying some attention to, stuff like foreign policy, stuff like immigration, stuff like economic data, and stuff like privacy for access of easy, which is a show you guys should all check out as well.

Starting point is 00:08:52 Britain's been at the forefront of a lot of bad decisions. It seems to me that things start there and radiate outwards a lot of the time, which does loan some credence to this city of London is the place where these bad ideas start and then they're shared via the usual power channels to other five-eyes nations, Commonwealth Nations, whatever. This particular one, though, is brutal because they've been trying for a while

Starting point is 00:09:17 to find a way to get everybody to ID themselves online. The white pill here is that they tried this a bunch of ways that probably I would have thought would have worked to get people. The big one was porn, but there's not enough gooners over there, apparently, to make sure that everyone's got an ID or that you get a critical mass of people IDing themselves, which is great.

Starting point is 00:09:38 The downside now is that they're going to, going to get everybody through this under 16s, this under 16s ban. The mechanism through which they're going to ID people is probably the worst part. They're going to, it looks like, fire up their own service or third party service it to some honeypot that's going to have all your information. You're going to have to do it for everything you do. They're going to ban VPNs next because people will find a way around this. They're going to try their best to pass the most unpalatable legislation to hide all the data. around specifically immigrant crime.

Starting point is 00:10:12 You know, videos of Irish guys getting their fucking heads cut off in the street not going to be shareable without penalty of jail time or fine or some combination of two or maybe your digital credit score decreasing or your CBDC frozen or whatever the case is five years from now in that fucking hellhole.

Starting point is 00:10:33 But there's a bigger problem here, I think, and it's that this is going to come to Canada. It's going to come here too. And I've said this before. what becomes of something like CBP in a world where you have to ID to come online, everything you say, I mean, it's we had this today. It's so obvious that the policies are so wildly unpopular and these fucking people just refuse to listen to the voters, even though that is their fucking job, man.

Starting point is 00:10:57 The policies are so wildly unpopular that they have to not only redefine crime and speech, but also freedom itself to make sure that you swallow it. This is what it comes down to. things are going to be so bad that you're just not going to be able to say anything about any of it without fear of retaliation. Now, Bitcoin, if you've been stacking for a while and you're sitting on a nice fat chunk, you may feel like you have fuck you money. But, you know, I don't think a lot of people realize the threshold for fuck you money. It's not, you know, a couple of years of salary. It's not enough to buy your house.

Starting point is 00:11:32 It's not any of that stuff. It's like if you are completely ostracized from society. can you make it? Can you find a way to become employed, get paid under the table, all this stuff? Because that's what's going to come to if you're one of these people who pokes their head out. The UK is a cesspool of bad ideas, whether it's immigration, energy, economy, military. Like, you pick, honestly. Anything they've done in the last five years, 10 years has been a bad idea, all of it. and now people are starting to realize, hey, maybe I don't want to get my head cut off by a Sudanese guy who's yelling in a desert language when I leave my house to go to the store. Maybe I don't want to get pushed onto the subway tracks by a Pakistani guy who's having a bad day.

Starting point is 00:12:24 Maybe I don't want to find, like here in Canada, maybe I'm not okay with my military personnel hating women because of some Stone Age beliefs. system and treating them poorly and abusing them verbally or otherwise. Maybe I'm not okay with migrant grooming gangs, raping little girls and leaving them in dog crates to suffer and die in some cases. Maybe I'm not okay with it. Well, the government's basically saying too fucking bad. If you want to talk about it, find another way. And this digital idea is the beginning of what's going to be much more draconian. The UK also floating the idea that they want to spy on your stuff pre-encryption. Now, we just talked about this on Bickcast, but I'll mention for people who didn't watch.

Starting point is 00:13:06 The interesting theory that I kind of came up with like an hour ago, two hours ago, is that there's one company that's really been unwilling to bend the neon encryption and digital, like the digital panopticon. And it's been Apple. Yeah, it's been Apple. Apple removed the encrypted iCloud stuff from the UK instead of breaking the encryption. They can't break it anyways. We've talked about that on Access of Easy, the mechanisms through which encryption works,

Starting point is 00:13:31 don't allow for someone to break it. You can't go to Cupertino and get. a key from Tim Cook to break the encryption on iMessage or iCloud. But Tim Cook ain't the CEO anymore, is he? He's stepping down. Yes. So the question that people, including me, are going to have to ask themselves, is, is the new guy going to be as privacy focused as the old guy was?

Starting point is 00:13:56 And I don't know if that's the case or not. If these companies were worth a damn, and I'll pass it to you after this, if they were worth a damn, they would starve. these fucking morons of all the tech. Starve them of Spotify, starve them of iMessage, starve them of Twitter, starve them of porn hub,

Starting point is 00:14:13 starve them of everything. And see how long they last. That's what they should do. Will they do it? I don't know. But I see a lot of tech CEOs, many different companies, different shapes,

Starting point is 00:14:25 different sizes, different countries of origin, all saying the same thing. This is crazy. And we are not going to put up with this. Let's see what they're made of. If the UK says they're going to arrest people who don't cooperate, which they're saying now, CEOs who don't cooperate will face jail time, that's a pretty big step in the wrong direction, you know? Yeah.

Starting point is 00:14:44 It takes one just to break ranks. Yeah. That's it. If they all stand together and say, no, but just one breaks ranks, it's done. And so that's, you got to be all in the same position. You all have to weather the storm. Don't forget. Like Apple, Apple and Google specifically are the big ones, right?

Starting point is 00:15:03 the mobile device side. Meadow is a big one too. But I would put them in the same boat. And that boat is the UK has been hostile to these guys for 15 years, axing them, beleaguering them with regulation, summoning them to appear in front of their government for, you know, orchestrated, K-Fabe style questioning. If anyone has the balls to do this and the incentive,

Starting point is 00:15:31 it's those three companies. Amazon probably in there too. And these guys are not getting any friendly treatment from the UK in terms of the data centers and the needs of tomorrow that are coming up, right? So I would love to see these guys do it. I'm rooting for them, man. And that's like this is a weird thing. You find yourself in 2026 more than any other time.

Starting point is 00:15:49 You are anxious about the future. It's very uncertain. But man, do you ever find yourself with weird bedfellows from time to time? And so here you are now. Here I am. I find myself now. Like I've always been an Apple guy. but to be to be rooting alongside guys who are running Panopticon data collection services, really.

Starting point is 00:16:08 Like, I would just rather they have the data and be forced through legal means to hand it over, you know, case by case with with precedence being set and judges being involved and transparency if you look for it. As opposed to this, like, I'd rather just give it to them. And it's like, I don't know how we got here, but the choices are like one bad thing or one worst thing. I got to tell you, it's weird, but I am rooting for these guys in a big way. I would love to see whatever happens there. Sorry, go ahead. No, I was just, I was going to say, I would love to see these guys stick it, stick it out and like really persevere through this and see how far they can push these governments. I don't know if they will.

Starting point is 00:16:46 I suspect that they probably won't because they're just more than happy to collect revenues from providing services to the citizens over there. And what happens there, it's going to bleed into Canada. For sure. what we've talked they're talking about here talking about it already yeah they're talking about it already 16 years and younger you're not going to be able to get access to social media which means you got ID everybody and then it posed a question you asked what happens to CBP and I'll be perfectly frank I don't know you I can't answer that because I would have to wait every all the information once I have it in front of me right now I don't have it all the frustrating thing is we don't like

Starting point is 00:17:23 if I look at our show access of easy bitcast other shows I've appeared on my own Twitter account. I'm never calling for anything extreme. You can, you can right now anyways, voice this pleasure online and find yourself with a huge tribe of people, right? A huge number of people will agree with you. And I think one of the things governments are realizing is that silence does not necessarily mean consent anymore. It just means that people are afraid to speak up. But if one person marches with the banner, they, they amass an army much more quickly than they ever did before. And you see that sometimes, you know, like once in a while, I'll shoot out a tweet and it'll get 5,000 likes.

Starting point is 00:18:00 And it's like people you would never expect the most docile online, they're neutral people ever are happy to like and retweet something about, you know, the liberal leadership race or immigrant crime or whether a technical recession is still a recession. Like these are the things that I think the government will try and frame is socially disruptive, you know, something that's negative or harmful to social cohesion. But they're not. It's just a fair criticism at a time when criticisms are plenty, to be honest with you. And that goes back to my question.

Starting point is 00:18:36 What happens? And I don't know. And that's a sad reality. There may be a change in how things are done. Maybe we'll just close off. And who knows, maybe somebody else will. On Monday night, it just won't be a show. Yeah.

Starting point is 00:18:48 Yeah. Maybe there'll be another show with that just has a blank face. Yeah. Maybe it might just sound like us. Well, I would, yeah, or maybe they don't sound like us. Right. Yeah. Who knows?

Starting point is 00:19:02 Imagine you have to go to those levels. And that is sad. It's not unthinkable though anymore. And you're watching everything happen. You're watching all this bullshit happening around us. And they're forcing us, forcing people to do that where you can't voice. You see the stories land. Like it's not even like they're trying to hide it.

Starting point is 00:19:20 You got these fucking morons on TV. in Ireland talking about the biggest problem with that video of the Sudanese guy cutting the head off the Irish guy who by the way the guy lost his eyes he lost his eyes in the process he you know he was handicapped before he had like a learning disability he was deaf he was deaf now he can't see do you know what that guy was doing by the way you know what his day to day day sort of life was like he used to volunteer to help he used to volunteer to help move migrants into their homes that's too bad it is too bad and and so these these fucking parasites on TV

Starting point is 00:19:52 talking about how the problem is that the video is too easy to share. I mean, you can't, there's no fixing that. I got to be able to vent about that. I got to be able to express. When George Floyd's video was shared onusium and nobody said, I know, I know.

Starting point is 00:20:06 Nobody said anything it was too easy to share. They were more than happy to build statues as a result of this. Yeah, park benches for a drug addicted, woman beating amateur porn star who was forging money. Just crazy shit, man, stuff going on now. Which is why

Starting point is 00:20:21 this is so unpalatable, right? All of it is just so unpalatable and so predictable. But these guys, all they do is make bad decisions. And like you're supposed to live with it. And I'll mention again, I know you say this all the time. The political strike doesn't matter. They're all going to vote for this. They all want it.

Starting point is 00:20:36 Nobody wants the criticism. Nobody wants the open sharing of information. It's not about kids. It's about whether or not, you know, Len and Joey are able to amass an audience online. Whether or not, you know, a tweet can get 5,000 likes. or not somebody from Canada can look at the UK and go, I don't want that to happen here. That's what it's about.

Starting point is 00:20:56 It's not about anything else besides that. Don't let anyone tell you differently. Imagine going back 70, 80 years in the Soviet Union and saying something negatively against the government in a public setting and there are party officials nearby or police officers, you're done. They kill you. I don't want to say it's the same thing,

Starting point is 00:21:19 but at least, you know, There's actually some parallels. Directionally, it's the same for sure. Yeah. And we used to look at the Soviet Union as a place where it's shitty. What is the mask off moment going to be, you think? Because obviously this is what they want to do. But they're not going to start first train people right away.

Starting point is 00:21:35 When are they going to, what is the first thing that's going to drop? Is it going to be Ezra Levant, you know, arrested in an airport? Is it going to be, I don't know. People will be applauding that. Some people will. I think a lot of people will be applauding that. I don't know. And I don't, that's why I don't think that there's going to be enough resistance.

Starting point is 00:21:52 Just, Joey, they fucking shut down an economy. Yeah. On more than one occasion. Yeah. And people tried to, to voice their displeasure. The government did something that was deemed to be not right. That's as per the courts. And nothing happened.

Starting point is 00:22:09 Yeah. The guy is now watching soccer matches in. With Katie Perry. Yeah. Yeah. No, fucking. The other one. The other one is, boyfriend duty.

Starting point is 00:22:17 Won't watch our, won't watch Canada's games, watches the US games. And the other one is in Eastern Europe with the Z-Man. Yeah. Right. This is not a, like, that's not punishment. Those are, like, I would say a reward. But Canada, good thing.

Starting point is 00:22:33 We're not in a recession, though. Right. Like, we are a thriving economy here. We're doing so well. And because of the fact we're doing so well, Joey, it makes sense we spread the wealth. Right. When you're rich, when you have an abundance of everything, it's time to start spreading. And spread the wealth Canada is doing because they announced this past week some aid to Palestinians.

Starting point is 00:22:55 And it's going to be to the tune of $100 million for people in Gaza and the West Bank. And best of all, this announcement, the setting of this, Joey, was in Paris, of course, right? Like, I love that the fact that they have these conferences and these nice places and talking about the challenges Palestinians face. Right. You know, let's meet up in Paris, beautiful Paris during summer. time. So Canada, that 100 million, it now makes all their contributions in total since 2023 around 500 million.

Starting point is 00:23:29 So you just add this 100 million. Canada has now given 500 million to this cause since 2020. And this is not money that we have. This is future money because we've been running deficits for years. So they're taking money away from the future people. You wonder why the middle class is shrinking. This is an example of why this is happening. And to give some context,

Starting point is 00:23:58 and this is my opinion on where the money could be better spent domestically, there are about 3 to 400,000 people in Canada, Canadians, that don't have a permanent family doctor. What about bridges and road repairs? Forget it. What about airport improvements? Forget it. Public transit improvements.

Starting point is 00:24:17 That's like I can do. I can do is no security anywhere between the street and baggage check. And now it's another $100 million that's going to a region that hasn't had an election in quite some time. And there's widespread nepotism going on over there. And there's alleged embellishment embezzlement of funds. That's where the $100 million is going. Instead of spending it on places where we could use it, improve people's lives, their day-to-day make things better for them.

Starting point is 00:24:48 It's going there. Where it ends up. It's anybody's guess. And it's bad. And it's done in fucking Paris. I love it. I don't want this fucking. It's not in Paris, Paris, by the way.

Starting point is 00:24:59 It's the elite part of Paris. Not the part of Paris you see in all these videos of basically like, you know, the third world, open scam markets and criminality and just total, just such a far. personal lie. After hopped on the flight, went to Ireland and did something over there trying to create some sort of trade partnership over there.

Starting point is 00:25:26 Okay, we already have a trade agreement with European Union. But what the heck do I know? Then on top of all that, hopped on a plane for 180 kilometer flight to a different town to visit this hometown routes. You know, you didn't have to take a fucking plane for this. he really didn't stop him he's gonna stop him nobody's gonna nobody this is he's taking nps they're cross on the floor to get on the flight but they these guys are like shameless bro shameless shameless over there and then i i drive my car to go to work and i'm the fucking idiot that's polluting

Starting point is 00:26:00 the environment because i don't have options to take public transit i mean i guess i do but it'll take me two hours versus 20 minutes driving so like i'm forced it just makes sense to drive in and I pollute and then I get fucking, you're fucking bad. You're making things worse for the environment. I don't fucking take a plane going from city to city that's only 180 kilometers away. Yeah. You know what I mean? Like it's this kind of, that's why, and I said this not too long ago, my wife,

Starting point is 00:26:28 there will come a point in time. I'm going to be more than happy to just disappear. And I can't believe I'm saying this. But when I do, when I go somewhere else, I'll be, every time I spend my fucking money there, I'm going to do it with a smile when I pay a fucking income tax. when I pay VAT, sales tax worth of, I'll be happy to do it somewhere else. Because at least I know over there, I think it's better spent. I think so.

Starting point is 00:26:52 But that's just me. But I'm going to be so happy to just spend my money somewhere else. Not here, man. I cannot. I will not. It will not fucking happen. It will not be fucking spent here. You may not.

Starting point is 00:27:04 You know, I think you're right. I think a lot of Canadians starting to feel this way. There's been a record number of people that have left Canada. Especially around my age, right? I think it's between 35 and 44. It's a lot of high income earnings that have left the country. 120,000 people left Canada in 2025. That's the highest number ever recorded.

Starting point is 00:27:23 120,000 people. These are people that are of means. These are people, like, you're not leaving if you don't fucking have means. They're going to the United States. They're going wherever. They have the ability to move. They have education. They're bringing you something.

Starting point is 00:27:37 Now, I'm not saying they're all going to United States. They're going wherever to fuck they're going. But they're leaving because it's, we're going to, here than where they think they're going. And bless them, man. I hope they fucking find Nirvana. Totally. It's funny to watch the unraveling slowly but surely and people who generally have been

Starting point is 00:27:54 hard to convince of this fact starting to come around to it as well. Little by little, I'm seeing it in my normie friends. Not as much as I'd like to, but there's no denying it, I don't think, for most people, especially if you live in a big-ish city. The problems are starting to pile up and you're watching the Prime Minister Jets set. Did you see that video of him trying to plant the tree? Yeah. Planned the tree in a plastic pail. Amazing. It's like the Schumer putting cheese on the uncooked burger fucking picture from a few years ago. These people just don't. They're not

Starting point is 00:28:23 like you and me. They're not. They're never going to be like you and me. They're pretending and they're bad at it. Did you see the others do it? The photo op at the grocery store with his wife. Yeah. Yeah. Why isn't it prepared? It's not. What is this place? it's like glintin walking into that apartment building in 20s, and whatever, like that's one of the greatest pictures of all time. Fucking deplorables.

Starting point is 00:28:53 Gordy Howe Ridge. This is good. You know, it's effectively done, right? It's like you bought a new home. The builder handed you the keys. There's a few little things you got to do, but you can move in it. It's usable.

Starting point is 00:29:05 Just some final touches need to be done by the developer. That's where we are at with the Gordy Howe Bridge. The opening should have happened. but it's delayed indefinitely. I thought it was just be on Friday. It was, but the U.S. The White House said they requested this be delayed indefinitely, and here we are, or the standoff.

Starting point is 00:29:24 So the bridge, the building of it, the construction, was entirely done by Canada. So Canada paid for it. And the idea was that the tolls that are going to be paid by people going through it is going to pay for the construction cost. Okay, that's an interesting theory. But now Trump is demanding that the U.S. get a direct cut of the tolls and also a larger share of the ownership of the building. He's going to get it.

Starting point is 00:29:51 He's going to get it. Remember when everyone in this country laughed at the deal maker in 2016. Mexico is going to build the wall and pay for it. And they said, no way. Mexico is never going to go for that. Here we are eight years later. We built the bridge. And now we're also going to pay for said bridge, it sounds like.

Starting point is 00:30:08 So part of the deal, I guess. What can you say? People's elbows, you know, where what's also complicating it is the ambassador bridge, the existing old bridge that's there. And that is belonged by the Maroon family in Michigan. And this family, they donated a sizable amount to the Trump campaign. So they have, at least the theory is they get direct access to the ear of Trump, or at least indirectly to him.

Starting point is 00:30:35 So this is also playing into this is once this new. Gordy Howe Bridge opens, it's going to take a huge chunk of revenue away from the Ambassador Bridge because the tolls are going to be higher for the Ambassador Bridge. And, you know, if you're the only game in town, you have a monopoly, when you have somebody that's competing with you and you charge for more, who's going to fucking use it? A lot less people. But you know what? Right now, it's backlog that there is, it's choke point right now, not 2.0, but Ambassador

Starting point is 00:31:01 Bridge, choke point. Open before or after the end of the summer? Ooh. No, it's going to be after. I think it's going to be after too. Kuzma's in the summertime, right? So we'll see how Kuzlo goes. That's the one that's going to be the big one. I think that's going to think the biggest amount of attention.

Starting point is 00:31:19 Our premieres in this country are just, they're fucking so stupid, terrible comms. You got Wob Kanoe, who I think has a history with alcohol. I don't know if that's true or not, but it's been, it's been, you know, mentioned on Twitter a few times saying no Kuzma, no Bozma or whatever. Like, these people don't get it. We have exactly zero cards to play. And we pretend that we got a full deck because, you know, Rosie Barton and David Cochran will tell everyone on CBC how great we are

Starting point is 00:31:48 and how we're winning the negotiation. But it's just not the case. All you have to do is look around and see that it's not the case. It's so embarrassing, man, the way these guys act. So poverty in Toronto, I guess this might be the last way up. Number go up. Poverty in Toronto. It is.

Starting point is 00:32:04 It unfortunately is. social planning Toronto they're the ones that released a report called advancing the promise for Toronto's children and it was a child and family poverty report card and they called in this report Toronto Canada's child and family poverty capital one in four under the age of 18 are living in poverty Joey and as you mentioned number go up this trend is going up up up so they looked at the numbers here, a single parent with two kids, that's a family of three, the median after tax income for these families is $16,000 below the poverty line. The poverty line for a family of three in Toronto is $52,000. That means, if you do them, for a family of three?

Starting point is 00:32:57 Where are they living? We talked about this poverty line that is extremely low. Mike Green did this article, yeah. A single and individual, this is for Toronto. A single individual is, they say the poverty line is $30,000. Family of two is $43,000. Family of $3,000, $52,000. How can that be? This is after tax, by the way. So after tax. So for single parents, two kids, the median after tax is $16,000. That means they're earning around doing the math, $35,000 after tax for a family of three. That's incredible. Single parent with one kid, 15,000 below the poverty line. Doing the math, that's $30,000, sorry, $28,000. That's after tax you have. How could you live after tax $28,000?

Starting point is 00:33:43 You can't. You can't. Like, this is, they try and read, they try and redefine all these things. Like the living is not, whatever you're doing on $15,000 with a kid is, it's not living. It's just incredible.

Starting point is 00:33:57 The gap is increasing. So when I said the single parent with two kids, the medium after tax income for these families is a 16,000. In 2015, it was just 6,000. In 10 years, it's gone up 10,000. This thing is accelerating the wrong direction. That's why you see more people going to shelters, food banks.

Starting point is 00:34:20 They are filled to the brim with people trying to use them. This is, again, training in the wrong direction. And how are these people going to make ends meet? They're going to have to rely on assistance from either friends, family, then government on top of that. And then that becomes a huge strain, a bigger strain to government. And then unfortunately this thing is it's going to collapse. There's nothing you can do.

Starting point is 00:34:44 Yeah. Like the food banks now are starting to actively push back against like, you know, students, foreign students or whatever and, you know, certain kinds of uses. Like you don't want to see food banks doing that. Food banks are like the most generous sort of by default institutions in the West. And they're unwilling now to participate in some of this stuff. And to hear the poverty line is that busy right now. You don't want that at the same time that all this other stuff is going on.

Starting point is 00:35:15 And again, to tie it back to the first story we did in this segment, the digital ID story, if you talk about it online, they will give you problems for sure because they don't want people talking about this stuff. They want whatever Rosie and Dave Cochran say to be the gospel. And they ain't going to rest until that's a key. case because they're going to refuse to fix any of this. That's for damn sure. Well, that 100 million that was sent to Palestine that was announced just last week,

Starting point is 00:35:41 imagine if that money was diverted to some people that need this money for either food or for shelter, maybe even a job or something. They can elevate themselves, have some self-esteem and contribute to the economy. I know that it's probably not the best long-term thing by paying them directly or doing something like that. I think doing that is better than giving it to Palestine. Some areas of Toronto, by the way, have 36%. That's how high is the child poverty rate.

Starting point is 00:36:12 36% in some areas of Toronto. Could you mind? Like more than one and three. You put three kids together. Has there been like general flight? Has there been general flight from Toronto yet in like this sort of high rise, high density? I know the condo market there is headed the wrong way. But I'm thinking about like downtown where it used to be, I think, fairly high income.

Starting point is 00:36:32 it may still be high income. But are you starting to see a flight from those areas to the suburbs to get away from what's obviously going to come with poverty-stricken biographies? Like you're going to have more crime. You're going to have more issues in schools, more issues in stores and cabs and buses and all that. It seems like you'd be wise to get out of cities, right? That's a fair thing to say basically across the board in Canada, the States, Britain,

Starting point is 00:36:59 wherever at this point. I think that's it. We could go to the Hamilton versus Brampton Man segment. I'll close my chat here. Brought you by 256 heat. It's summertime. It doesn't mean you shouldn't be thinking about hashing with the heat that Twan's devices will make for you. If you're thinking about heating a greenhouse, a garage, whatever, I know for me I am constantly on websites pricing out a second gym set up for the garage because I don't want to keep moving this one up and down the stairs every few months.

Starting point is 00:37:30 When I do it in the summer and set it up for the winter, I'm going to set up a heater in there that Tuan is going to provide. You can't beat it. They're nice and quiet. They're hot if you want it to be. Cool if you don't want it to be. And Tuan's got the best designs in the game. The Ghostbuster racks that are coming out now from him, like you're just going to shit when you see it. I don't know what he's charging for him.

Starting point is 00:37:53 But it doesn't matter. If you tell him we sent you, he'll give you a couple bucks off. And it happens to be slow season for him too. So go there, buy something and enjoy it, man. You're in the Renaissance of the Home Minor. Why not do it with Tijuana, 256 Heat? 256 Heat.com. My bud Bitcoin Jim set up one in his garage.

Starting point is 00:38:13 And that's where his workout equipment is located. So it works for him. It's going to be me. Yeah. So he and his son could get a good sweat on without freezing. Anyways, let's go on to the stories. Once again, brought to you by Wilheim. He is adamant.

Starting point is 00:38:32 He's dogging me in the DMs too. So we're in touch here, show to show. I appreciate him providing these stories because it's one less thing I got to find. Now, there's a twist with this. It's not Hamilton Man versus Brampton Man. It's Hamilton Woman versus Brampton Woman. Wow. So it's two women stories.

Starting point is 00:38:53 DEI on the CBP? Oh, my God. You got to be kidding. So one from each of the. two cities. So number one, we have, you all are two extra. Trontonians react to a woman allegedly receiving fried bandaid in her Taco Bell order. So a woman found that she believed a Band-Aid in a rap when she went to Taco Bell. And it happened on Wednesday evening and the TikTok user posted the video of the rap showing what she described as a Band-Aid

Starting point is 00:39:28 fried into food. And in the video, the employees were offered a $10 refund or a new wrap as a resolution to the mistake. So there you go. That's just the first story. We had that nothing else really to say about that. They talk about the most thing to take the matter seriously. And yeah. Taco about it's their talk about corporates probably going, that's not the worst thing. It's in your taco or you're both. It's debatable if they, if this is true or not. But they try this. The second one, we got women accused of embezzling $72,000 from a local

Starting point is 00:40:04 charity. And she was arrested and charged when $70,000 was missing from a local charity. They accused this 56-year-old of embezzling the funds from a fundraising account belonging to a local community living place. And that place

Starting point is 00:40:20 helps with development, developmental disabilities and people that have that. And the money was taken between 2021, in 2023. And they say that, so she was arrested four offenses and appears going to appear in court.

Starting point is 00:40:37 And it's not much else I got to say, but she's still a bunch of money going to court. And yeah, it's a woman at that. So you have the woman that stole $70,000 plus from the community living place, the developmental and disabilities place, versus the other lady that found allegedly

Starting point is 00:40:56 a fried band-a-a-fried in a wrapped Taco Bell. Now, this really, this really comes down to what you think about the ability of the Hamilton woman and the Brampton woman to perpetuate a scam long term. What is the likelihood that they can, by the way, I just want to say that I don't want to check the chat, but Wilhelm is in the chat right now. Okay, I'm not looking at the chat. But I will tell you that there's a, there's a, the thread here is what sort of, uh,

Starting point is 00:41:24 mental acuity is required to execute a two-year charity rip-off scam, mostly because to get into a position where you're able to rip off a charity over the course of two years. What does that mean? You've got to be in the book somehow in a position where you're cashing checks, somehow, redirecting funds at a charity is hard. I know because I am the VP of a board for charity. And those things are very difficult to do. There's a lot of protections in place.

Starting point is 00:41:57 But I'll tell you what's an easy scam. The Band-Aid scam. If it is, in fact, a scam. Now, I think that... I think it's a scam, too. I think it's a scam. I mean, I can imagine someone losing something in a friar, but a Band-Aid is kind of hard to losing a friar.

Starting point is 00:42:14 Like, I expect to see, like, I don't know, a toenail. I was going to say a hair on my taco, but it's not really age-appropriate. you know, if you expect to see, you may expect to see something like that or even like an insect or something, right? There's certain things that happen fast. You don't see it. You can't control it. I don't hold it against Taco Bell. That's the kind of thing you give 10 bucks for. You know, the mechanisms of, you know, line cooking aside, I really don't think the Brampton woman has the chops to execute a two-year charity scam. I don't think she does. So I'm going to say there was the Hamilton woman doing the Living Place scam and the Bramton woman claiming the Band-Aid and the Taco.

Starting point is 00:43:00 Yeah, it was the Brantan lady doing the Band-Aid in the Taco, in the rap. Never in doubt. Never in doubt. I can find her name here. These guys are eating tacos in the chat. That's hilarious. So funny. You know what?

Starting point is 00:43:14 It doesn't say the name of the individual. So I don't know who it is. But yeah, that is correct. So yeah, there you go. Wilheim. I know you're in a chat. You're watching this. Hopefully still live.

Starting point is 00:43:26 I can't be touch, man. I am honestly untouchable. I have such a good handle on what the Brampton population is capable of compared to the Hamilton population. You have no idea. So I have two more stories that Wilhelm provided me. Like he says next week, I'm going to be busting them out unless he provides two better ones.

Starting point is 00:43:45 See, if he's got the heavies. Maybe he's got the heavies. That's it. Anyway, let's get out of here. It's been a great show, as always. Thank you guys for tuning in. Don't forget to leave a like on the video. Leave a chat there, whatever, for YouTube.

Starting point is 00:43:58 I have no idea what they want. I'm just saying the stuff I hear on every other channel. By the way, that thank you for me. Ameri Lard, elected and illiterate just like them to manage their finances. Oh, you're talking about it. He must be behind in the stream. That's all. He's going on.

Starting point is 00:44:14 He's talking about how they're paying 300, billion dollars. Yeah. I'm not, I'm not sure if that's true. Like, I heard there was some sort of payment that's going to happen.

Starting point is 00:44:24 I have no idea. Whatever. Oh, the rebuilding, the rebuilding of Iran or whatever. Is that true? Like, is that number accurate? And I was able to.

Starting point is 00:44:33 We'll know next week when we do the research. That's what. It ain't happening right now because it's too soon. Get out of here. Boys and girls, we'll talk to you soon. And don't eat a Band-Aid from Taco Bell.

The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - The UK Social Media Ban Isn't About Child Safety | The Canadian Bitcoiners Podcast

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