The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Tumbler Ridge, Netherlands Unrealized Gains Tax, The Empathy Problem

Episode Date: February 18, 2026

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Transcript
Discussion (0)
Starting point is 00:00:00 Okay, all right. Let's go to the, let's go. I am so hopped, I am so hopped up on Advil, cold, and sinus, you guys would not believe it.
Starting point is 00:00:08 I had, I must have had seven coffees today, just trying to, like, sustain. We can tell. Yeah, yeah.
Starting point is 00:00:12 We definitely can tell. I'm, I told my wife, you know, we're going to ask Corey to help because around 8, 815 is when I've been crashing, but I,
Starting point is 00:00:20 you know, let's not say how much, but I increase the recommended dose of the cold meds at about 630. Fired up. Yeah, they're really landed now. Levering. Yeah, I levered up on advils.
Starting point is 00:00:32 Exactly. Yeah, I'm multiples levered here. So let's, let's keep rolling. Where do you want? We should start with Netherlands. Once there's a drawdown in the price, you're going to really feel the impact. And you've got to fucking add more to insured it. You don't get liquidated.
Starting point is 00:00:44 That's right. What a fucking disaster. The U.S. job numbers. Let's talk about them. Why don't we start with Netherlands? I want to start with Netherlands? That is a huge story. Huge story.
Starting point is 00:00:54 All right. Well, they passed 36% to unrealized capital gains. tax that's going to be still let's to go through the dutch senate that's as of the weekend i'm not sure if things changed today and all this is doing this is going to be taxing paper profits right like stuff that's you have anything that's profit on paper you're going to have to pay the tax starting january 1st 2028 i talked about unrealized losses last time we talked about this i did some digging here apparently if your assets lose value those losses could be carried forward to offset future gains.
Starting point is 00:01:31 Okay. I mean, I guess that is small win, but this is essentially saying you are going to pay in the future and you're going to have to then offset it. So all this is really doing like the Dutch before this even came into reality. This whole fucking 36% or what the fuck is it 30, 36%. They were paying some sort of pseudo. Yeah. Right? Almost worse.
Starting point is 00:01:53 Almost worse than this. It was a fake number. It was 46% that they had to pay on. their wealth under total wealth on January 1st. And somebody took this to the courts and they won. It was found that the government was collecting these revenue, a violation of human rights. That was 2021. I believe that this wouldn't stop.
Starting point is 00:02:15 So for the last five years or so, they stopped collecting this. So they have been losing out the government on billions of dollars, which they were accustomed to collect. And now they want to somehow moving forward. collected again. 34%, sorry, 36%, these guys are a bunch
Starting point is 00:02:32 of cucks. They have been paying it in the past, they're going to pay it again in the future. If you really analyze this, the way I look at it, this is an admission
Starting point is 00:02:41 that things are going to be more costing the future. Why are things more costly in the future? Because you are adding more liquidity in the market. There's going to be more money supply and you're essentially
Starting point is 00:02:51 having more dollars chase the same goods. And so you're admitting that, yeah, it's going to cost more in the future. We are going to flood the market with more money and you know what you're going to fucking pay for it so 36% that's a huge fucking number yeah and people are going to have to pay this it's everybody has to fucking pay this regardless if you only have a few hundred dollars worth of shit that like in terms of the
Starting point is 00:03:12 market or whatever or a few million dollars you know somebody that could probably be more inclined to pay this everybody's going to have to pay this stuff what's going to happen in europe you have the ability if people born in netherlands they could easily pick up and move to a neighboring country because they have the ability to move and work and live in any other country that's in the European Union. Now, granted, there could be some issues with family being farther apart, language barriers and shit like that. But still, if you put enough of an incentive, if people could save money by going somewhere
Starting point is 00:03:42 else, Portugal, for instance, where taxes may be more friendly, you're going to have people of means, pick up and get the fuck out and go somewhere else. They're already seeing it. You're already seeing it. Norway. Look at Norway. Norway put in like these crazy wealth taxes and something like, I don't know, like 40%. of the millionaires in...
Starting point is 00:04:00 I got the numbers. I got the numbers. They raised the wealth tax and lost more than $13 billion in tax revenue. I mean, the numbers are clear. UK did the same thing. Raise capital gains tax. Revenue dropped 10% year over year. That was 24 and 25. California proposed
Starting point is 00:04:19 an unrealized gain tax and it's estimated that about $2 trillion in wealth left the state. France, same thing. Mass exodus in the 90s when they tried this. And then, you know, the other problem that Netherlands is going to have is, is there any place that's easier to leave than Netherlands is the European Union angle? You can go anywhere pretty much. You know, some fun tax advice here on CBP. If you find yourself in a situation, I'm going to talk to you, listener viewer, if you find yourself in a situation where you are being subjected to oppressive tax regimes and you want to escape those oppressive tax regimes.
Starting point is 00:04:52 And much like Norway, that oppressive tax regime tries to tell you that you have to pay a state tax, five. years after you leave on any money you earn, what you should be doing is saying, look, I'm not actually going to work in Norway. You should make yourself an independent contractor. This is the way to do things properly. As an independent contractor, you work and earn in the state in which you live, not in Norway, California, whatever, these places you want to put these taxes in place. So, keep an eye on that. I know they say worldwide income for five years, but it's very difficult to avoid it. What's the Norwegian viewership of the CBP? I don't know. It's probably greater than zero if I to guess, but I could pull that out too.
Starting point is 00:05:29 But, okay, so let's talk a little bit about this. The problem here is really twofold, right? And Len touched on it. I don't think a lot of people are talking about this. This is actually better than what they had in place already. It was between, you know, 4 and 6% usually people were paying. And the sort of rationale was, okay, well, the government's going to set the value of your stuff based on, you know, who knows?
Starting point is 00:05:53 It's probably a black box, although I didn't really look. The fact of the matter is what they're doing is putting their thumb on the scale. Markets decide what things cost and they decide what things cost when they are bought and sold at the margins. The next marginal buyer decides the price. This is the case everywhere. It's in all assets, for all time, in perpetuity, until the end of this universe and the next. Okay, this is the only thing that matters. The marginal buyer sets the price. If you have a system where you're forced to sell assets to pay a tax bill for income that you did not enjoy as a market participant, you have a couple of problems. Number one is you become a forced seller. So you become a price agnostic seller of an asset after you receive your tax bill. So think about, you know, you buy $100 worth of stock and you make $10. Now you have to pay $4. So you have to sell $4 a stock.
Starting point is 00:06:45 Well, if the stock drops, you actually end up with like less than the $100 you started with somehow and had to pay tax on gains that not only you didn't enjoy, but losses. The reason you have the reason by the way, land the losses are carried forward is because you can't realize in the same year, even though everyone will realize these losses at some point, because this is what happens in markets. People become forced sellers. Their price agnostic, they have to get out. They can't sell their home. So they have to sell something else, right? And this is what happens with something like this. They have to sell the thing that has appreciated that they're paying the tax on in the first place. It's crazy. And there's a lag. So you're assessed the tax at time X, and then you have to pay the tax
Starting point is 00:07:25 bill at time X plus T, right? So it's like time passes. And that asset could have dropped in the meantime. So you're now forced to pay the tax bill of something that occurred. You're 100% right. You're 100% right. You have to sell that thing that has already gone down. It's ridiculous.
Starting point is 00:07:45 So think about it, right? During a bull market, you have like this brutal tax bill on gains that you never realized because you didn't want to sell to realize the gains, right? So you just hold it. And then during a crash, you have to pay taxes on the gains anyway because they evaporated on you. Like what? What's going on here? The thing, you have to sell the thing that has gone down in price.
Starting point is 00:08:06 You have to try and top tick. You have to try and top tick. You have to sell at the top. Like if you held Bitcoin, for example, right? Let's see you bought it 60K and it went to 125. And then, you know, on January 1st, it goes from 125 down, you know, it bleeds away, whatever, to 60 or 40 or whatever. Like, you got to pay for the value on Jan 1. but now you only have the value on Jan 10 to get the money back.
Starting point is 00:08:28 It's actually nuts. And even better, like, if you think, it would be one thing if this would never been tried anywhere. If someone would say, like, yeah, we're going to try this new thing. It's an unrealized gains tax. We're piloting this. We're pioneering this. But it's never worked.
Starting point is 00:08:46 It doesn't work anywhere. Everyone that tries this sees the same thing. Short-term gain, long-term loss. And by the way, the people who you really want to capture with this, I'm talking like real wealth, 1% types, not, you know, Bitcoiners who bought 10 years ago or Bitcoiners who have, you know, a million dollars or $2 million in Bitcoin. You're talking about guys who have hundreds of millions of dollars. Do you think those guys are hiring every lawyer they can to restructure, get away from this tax,
Starting point is 00:09:13 and they're going to be successful. They're going to be successful because they will find some way with domiciling, citizenship, you know, six months plus a day, residency, whatever they have to do. And they're just not going to pay it. They're just not going to pay it. So again, much like every other nation state. And don't make me tap the fucking book. It's usually right beside me.
Starting point is 00:09:31 It's over there right now. The sovereign individual says this a hundred times, a hundred times that the big thing that you need to be looking at, yeah, you got it there, Corey. The big thing you need to be looking at as a signpost is stuff like this. If something like this comes, you get the fuck out now. You do not wait because this is the least extreme thing they will do. And tax regimes in places like the Netherlands. the public service in these countries does not have the firepower to pursue the cent of
Starting point is 00:10:00 millionaires. They do have the firepower to pursue you. And that's who they're going to go after. And you can't, you cannot, you can't fight this if you're a middle class guy. What do you do? You know, your options are so limited. Let's say you try and find like the low value of your Charzard that appreciated it. You know, you got the shadowless first edition Charzard.
Starting point is 00:10:22 It appreciated another $2,000. this year. Well, you know, what are you going to do when they charge you on that gain? Every year you got to pay for the Charzard. It's crazy unless you just start telling them you don't have the Charzard. And then they ask you, where'd you, where did you pay the taxes on the sale? I lost it. You can only say boating accident for so many things. You can't say it. Like, like, what if you held gold? What if you held, like, what happens to you then? What happens? What happens is you have to sell. Your quality life gets worse. You become, you become a force. you cannot save.
Starting point is 00:10:55 This is just ridiculous stuff. And in the aggregate, your populace are before sellers. Yeah. So your country is getting poorer and poorer every year that this happens. Again, complete lack of understanding at the government level about the balance between spending and income. Every household has to make these decisions. My wife and I decide when we're going out for dinner.
Starting point is 00:11:17 We decide what we're doing week to week. The hydro bill is this much every month. The water bill is whatever, okay? This is what we pay and this is what we can spend and this is what we save. Countries don't do this. They print and go into debt and then when they run out of money, they try and steal it from you. I would love to know what percentage of the Netherlands population, the Dutch population, is on government support. There's probably a lot.
Starting point is 00:11:45 I just, why you were talking, I took a peak. Because in, like I mentioned in Europe, the ease of which one could, move from jurisdiction to jurisdiction. It's not the same as we have here in Canada. It's very, very simple. But a lot of people with money, they go Monaco. They go Lishkins. They go other places that have very favorable tax laws.
Starting point is 00:12:03 I took a look to see how many billionaires there were in the Netherlands in 2020. There was, and keep in mind, the value of the dollar has gone up since then. Hold on. Did you say that the first crack of this was 21? You did, right? Yes.
Starting point is 00:12:17 Okay, okay, yeah. So there was 38 billionaires in another. in 2020. And as of last year, there are 14 billionaires. So you went from 38 billionaires in 2020 to 14 last year. The value of all currencies got wrecked in that five, six year period of time. And yet you see there's an exodus already is proof in the pudding that there are people of means have fucking left.
Starting point is 00:12:48 And more people of means are going to continually to fucking leave. It won't come. They won't come at all. And surprisingly, the CEO of Bitfinex is one of the billionaires that lives in another, yes. Wow. I was amazed to see that. How many people on that list have ties with the company ASML? Oh, God, who knows?
Starting point is 00:13:09 It's more, I see Heineken. I see Crypto. That's the guy from Bitfinex. Yeah, it's shipbuilding, media, real estate. Yeah. I heard a rumor somewhere that this whole thing had everything to do with ASML, the, the, the, why? Why? Why?
Starting point is 00:13:33 Because the government wants to somehow get a stake in that company. Governments are, so they want to, they want to reduce the, the stock value of that. Unbelievable. Company so they can take, I don't know. This is, it's good theory. It's good theory. Fun theory. Twitter.
Starting point is 00:13:52 It's interesting. There's no specific individual billionaire that is associated with AMSL in the otherlands. I have a big, like a huge issue with this. Because you should. Everybody should. Do you know what the other thing is? Ridiculous. Everyone knows this is going to come here at some point.
Starting point is 00:14:12 Everyone knows. There's going to be other things that are going to come here first. I mean, they're going to get like the real estate capital gains on primary real estate. On primary is going to be big. That is, that's low hanging. True, man. That's easy. They'll do that way before they'll do this.
Starting point is 00:14:27 Yeah, but that's a signpost, right? The thing is there's a lack of understanding or maybe a willingness to really address it that your spending is the problem, not your tax receipts. And again, they, you know, governments around the world continue to just, they miss the point. And by the way, like you can't, capital goes where it's treated well. I think when you look at the U.S., when you look at Switzerland, when you look at a number of different places where your capital is treated much better, why would you stay? There's nothing keeping you there.
Starting point is 00:15:03 By the way, most of these countries, like, are any of the countries that have done this better off in terms of just like sort of societal cohesion since 2020, since 2015, no. Like, people are looking for reasons to go. And I think a lot of the time, one of the sort of the mental blocks is it's going to be too hard to leave, whatever we're dealing with is going to, you know, it'll blow over or we'll get used to it. But no one's going to get used to paying another $10,000 a year in tax and becoming a foreseller. Like, you're just not, no one's going to get used to that.
Starting point is 00:15:34 And I think the Canadian story is going to be similar. I think a lot of people in Canada are going to say, man, you know, things are good, but I'm just going to leave. I'm just going to leave, you know. And I'll just, I'll note that the reason we tell people on this show that you need to save in Bitcoin is because. In my opinion, when the time comes that you want to go, you're going to have to go quickly. You're not going to be able to wait to sell your house.
Starting point is 00:16:00 You're not going to be able to wait to find a job somewhere else. You're going to have to find a way to go quickly. So, like, you redomisile a business you have or you find a way to work for an American company quickly or another company somewhere else. You are not going to have time to try and sell your house to go. And I think this sort of law tells you that agility is. important. And they know, they know you're going to try and go. Five-year exit taxes to tell. You know, they're going to try and keep you there. They're going to tax you anyway on all these
Starting point is 00:16:29 gains. I say, fuck them. I say, fuck them. You don't, you're not getting anything for your taxes. You're getting less and less and less on the deal everywhere in the developed world. Why would you pay these people? They don't want you to succeed. They want you to fund their bloated bureaucracy, bloated admin, bloated spending. Again, like, I'd love to know. how many people in the Netherlands are on government supports. What is the number of dollars you fucking need to keep that scam going? I know a few minutes ago you mentioned a number. I'm looking at it right now.
Starting point is 00:17:04 I'm looking at what this cost Norway, when Norway imposed a tax. Yeah. So this tax was that Norway imposed a wealth tax. They were expected to raise about $150 million. Yeah. And they ended up, yeah. They ended up losing 600 million. Who could have guessed that?
Starting point is 00:17:25 Who could have guessed? So $54 billion left the country. Yeah. Yeah. So think about like, yes, the tax revenue that you lost $600 million on a country the size of Norway is massive. Significant. It's the size of Ontario, right?
Starting point is 00:17:41 So $600 million is a massive amount of money. But think about that $54 billion that left. Yeah. all those people, all those businesses. You can tax those guys whatever you want for five years
Starting point is 00:17:54 you can tax about whatever you want but five years goes by in a flash. Like you don't... But they're not there. Yes, I'm with you. You can tax them all you want. So okay, sure,
Starting point is 00:18:03 for five years you're able to drain. That's right. You try. Yeah, you try. Drain them a little bit over five years. But in that five years, they're in Portugal.
Starting point is 00:18:11 Yeah. And there's all their contributions are, that's right. They're spending their money in Portugal now. Yeah. And they're creating jobs
Starting point is 00:18:18 in Portugal because these guys are buying boats and they're buying cars and they're going out to restaurants. It's a fact, baby. It's a fact. My God. It's so short-sighted. Like I said, if you were pioneering it, I would understand you want to try, but it's just never worked. Or this could just be some political stunt
Starting point is 00:18:38 that from a, I don't think so. I don't know. I don't know. 2028, there's time. Corey, these guys in the Europe, in the Eurozone, like they have, they have this, I think, falsely ingrained sense of like communal support, right? And I think a lot of people, if you went to the Netherlands, would say, yeah, we need this tax. And I think it'll happen here too.
Starting point is 00:19:01 And the reason is the reason they will say on camera or in surveys would be, well, I want to see additional supports for X, Y, Z, you know, sort of low end of the economic income scale cause. But the fact of the matter is this, it's been the same way all throughout history. industry. Misery loves company. And these people who are not producing, not making any money, have no savings, not only do they not want you to continue to grow. They actually want you to come closer to them on that continuum, whatever means it takes. And you see this here. Like, you know, in Canada, it's going to come that, you know, Len, you mentioned the primary residence cap gains. Like, it's only a matter of time. These guys have, again, like, sort of first world governments have all have the same problem and they're all trying to
Starting point is 00:19:47 same dumb ideas to fix it. We're nomadic now. I don't have to stay in one place. I can run CBP from anywhere. I can run CBP from, you know, fucking, I don't know, Botswana. Internet there's probably not great crime. Also a problem over in Africa. But let's just say, you know, for argument's sake. Somewhere low on the golden machine. Yeah, like you can go anywhere, right? Buffalo's an hour for me. If I go to the border and say, hey, I want to go shack up with wayfaring for, I'm going to visit them for a month. Here's my, you know, here's my information, whatever. You go. You never come back. It's not that hard. And by the way, the States is not going to give you a hard time about that. Why? Because we've villainized them at every turn. People don't see the writing on the
Starting point is 00:20:29 wall. Productive people are becoming a scarce resource in the first world. And if you can pay taxes somewhere, those people are wanted everywhere. You're going to find if you are a productive person and someone who can bring a tax receipt with you, it's going to be a lot of countries that want your business and you have an obligation to your family and to your money to go places where it's appreciated and that list is shrinking yes uh joey all roads lead to len and you're walking it takes a while but we all get there eventually we're all leaving we're all leaving talking ridge let's talk about this oh sure geez right like this i never heard of tumbler ridge before this. And these
Starting point is 00:21:17 places you typically only hear of when something like this happens. You have a fucking tragedy. So sad. It is. In a perfect world, you never hear of Trump Blurridge because that place remains quiet. Everybody lives happy and you don't have this bullshit going on for anybody that's unaware. Because I'm sure everybody in Canada is
Starting point is 00:21:38 there was a mentally ill person in a very tiny town in northern BC. went to a school and shot up a bunch of people, including kids. Four 12-year-olds, one 13-year-old dead. A bunch of people, I think 25 people injured as a result, right? The guy that did it. I got numbers up to 27 now, 27 or 28.
Starting point is 00:22:03 Yeah, it keeps going up. So it had a firearms license. Incredibly had a legitimate, valid firearms license that expired though in February 2024 had it even though the police had multiple visits to the home because of mental health concerns
Starting point is 00:22:23 I don't know about you but anybody that has the police doing even one visit never mind multiple they should not have the ability to legally carry a firearm that should be a just cause to take that shit away and to start from scratch
Starting point is 00:22:40 and the person in question from what I gather was making a transition from one to another for six years. This has been a long-term one-third of the person's life essentially was transitioning. 12 years old when he started.
Starting point is 00:22:57 Right, 18 deceased. Yeah. Yeah, good point, Corey. Yeah, you're right. Wow, that was six years. Holy shit, yeah. Just going to bring that. The mother, too,
Starting point is 00:23:07 was an advocate of transgender youth. And she had one, of her own that was able to transition and well the dude was even using drugs hallucogenic drugs like shrooms and quote unquote had a complete break from reality
Starting point is 00:23:28 one time using these mushrooms lit a fire try to light his family his house down yeah yeah the police showed up he was outside just fucking doped up on on mushrooms and people out there have to look at this as an example, what the fuck's going on? The human body, just in a natural state, doing absolutely nothing, it has changes.
Starting point is 00:23:52 You know, you go from a kid to an adult in a very short period of time. A lot of new hormones come through your body. Hello? New hair is grown. Hello? Yeah, sorry, YouTube's on the phone. They said, we're being demonetized. Yeah.
Starting point is 00:24:04 Okay, yeah. Thank you. Okay, take care. People grow hair when they didn't have it. They have new emotions, new feelings. because this happens all the time. Every fucking person goes through this. And that happens naturally.
Starting point is 00:24:16 And there's even like during this whole state of going to adulthood, there's confusion because you're not sure what, you know, you're just trying to grasp what the fuck's happening to your body. Imagine if you have that and now you're going to be throwing in some blockers or maybe new hormones to go against the natural progression of things. The mind must be totally fucked up as a result. And on top of that, Boomer mentioned, you had people being shut out because of COVID. You had to stay at home.
Starting point is 00:24:48 In a small town, it was challenging to begin with. But now you're throwing COVID on top of that. This person, not trying to say that this person, like, to give it a break or anything, this person truly, you know, mentally ill. But motherfucker, man, like, the parents didn't do this person any justice here. like if this person was able just to fucking try to do it on its own and without putting any foreign substances in the body you know what I mean now you have kids that are fucking dead 12 I have a 12 year old she's soon going to be 13 right so I could kind of relate to what's going on here and of course she's not passed away but if you have somebody like that that is killed because of some lunatic now
Starting point is 00:25:31 every Christmas every birthday moving forward you have to think about it's a fucking memory all the people that are in the school at the time, even in a small community, people are saying, I can't leave the house now. I'm afraid to go to school. I don't blame you for this because you don't know what's going to happen the next time. I don't think it's going to happen, but I can't guarantee you. You don't know what the next lunatics is going to come up with a fucking gun. You've scarred so many fucking people as a result.
Starting point is 00:25:56 This is something we got to fucking address. Mental health issues, they just become magnified when the economy is even in the shitter. and it's going to get even fucking worse. This type of thing, I'm not saying it's going to happen moving forward, but mental health problems. They are going to be magnified moving forward. There's going to be so many more. I don't know what the fucking do, man.
Starting point is 00:26:16 I feel sorry for a lot of people out there. And you know what? For me, I'm an old dude. Does something happen to me? Honestly, I live the good life. But you know what? A lot of other people, I hope you don't live fucking your life scared.
Starting point is 00:26:28 You live life to your fullest. You don't let fucking lunatics control you and control what you do. Because you know what? Life is too short. Fucking enjoy. it. If you guys will indulge me here for a sec, you know, there's a lot of adjacent kind of problems here, a lot of parallel problems. I'm going to start with the obvious one, which is COVID. Corey, great bringing that up. The story behind this kid is that when he was 12 years old, he started
Starting point is 00:26:55 this transition journey. But that wasn't sort of the first exposure he had to that community and also to violence. Someone pointed out that in the Roblox store, he had built a game that mimicked shooting up a shopping mall and it stayed on there forever. And he was on the Roblox subreddit where he was groomed for transitioning. He was playing these video games going on Reddit and people were targeting him. He's of weak mind. He's young. He's probably feeling socially neglected. certainly if his mother was of the view that this was a good idea. I dare say parenting was an issue as well. And by the way, like, spare me the phobia comments on YouTube,
Starting point is 00:27:42 I don't fucking care what you think. The patterns are emerging now. They're very clear. You know, one thing you didn't talk about, Len, is in the aftermath, this story, the RCMP released this news release, that they had their gun registry breach, 2.2 million. gun owners, right? Right? So, you know, in the background,
Starting point is 00:28:04 they tell everyone that they had a gun ownership problem. So you have laws targeting legal gun owners. This guy had an illegal gun. You have a registry that you can't protect of legal gun owners. Again, didn't help this situation. You know the guy. He's obviously mentally ill. You go to his house. And I've made this case before
Starting point is 00:28:23 that in Canada, disorder has become the norm. And so whether it's a guy slumped over, on a park bench playing around kids or with kids playing around him or it's a guy who's, you know, got weapons in his home and Tumblr Ridge, it becomes normalized. People say, well, it's a tough time to grow up, screens and whatever. But no, like, the solution to this was obvious. And it's this switch flip me, you know, flip the switch, solve the problems. You cannot prescribe hormone blockers to kids. You can't. You cannot give mentally ill people drugs. You can't. You cannot
Starting point is 00:29:01 allow a guy who you find with weapons in his home freedom. You can't. Who has a history of violence? History of violence. He tried to burn his house down. He's on drugs. His Reddit account tells the story. His Reddit account is talking about this associating. He wants to be on mushrooms. He wants to be on all these
Starting point is 00:29:17 other things. This is what I'm taking. You know, what's safe for me to do to have a good time? What about a bad time? If I want to have a bad time. His Reddit account tells the story. And they knew all this. And now instead of having this sort of testicular fortitude to have taken this kid down at 16, 17, 18, he killed 10 people, whatever it was. Kids, kids, and his own mother.
Starting point is 00:29:39 Like, like, what should the response be from Pahliav, from Carney, from, you know, whoever the leader of the NEP is, I don't know who it is. Don Davies still, it might be. Like, you know, like, what is the response? The response can't be standing quietly at a memorial holding flowers. Nobody wants to see that. Does that community want to see that? Do the parents of the deceased want to see that?
Starting point is 00:30:04 How suicidal have we become in our empathy that the response seems to be universally lauded but actually is a no action outcome? And the police response immediately afterwards seem to be more sympathetic to... Gun person and all this other bullshit. Like what the fuck is going on? What the fuck is going on?
Starting point is 00:30:25 What the fuck is going on? on. They won't say it's a guy in a dress. They won't say it's a transgender person. They won't say it. Because they're afraid. They're afraid they're going to lose their job. Again, this is it. If you say the wrong word in this country right now, you just say the wrong word to the wrong person at the wrong time when the camera's on.
Starting point is 00:30:43 Yes. You're suicidal and empathy. Your career is over. I don't know. Like at some point, there is a sort of like point of no return with stupidity. And, you know, I look at that police chief giving the address, saying stuff like gunperson. And I think, how much money did that police department pour into training to get this guy who does not believe the things he's saying, who does not say those things privately to say that? How much did it cost to get that guy to say that?
Starting point is 00:31:20 It's not about that. It's not about that. If he says the wrong thing. I know. If he says the wrong thing, there's his career. So you've paid. And he has, he probably has a kid that goes to university and he's got a mortgage on a, you know, he's got a cottage. Yeah.
Starting point is 00:31:35 Just bought a new car. It's your family, family and your livelihood at stake for saying the correct thing at the correct time. And just no sympathy for the victims. No sympathy. There's sympathy there, but there's fear. Yeah. I don't, you know what? You have to have a sack sometimes.
Starting point is 00:31:59 And, you know, we say some unpopular things on this show. But I would stand by things we say. And I think if that guy said that thing at that time, you know, he would have had a circle of support from coast to coast. There's a problem emerging here with that community. By the way, many American especially LGBT groups are trying to shed that community from their cause. And I mean, we can debate about, oh, well, how many shooters were this? How many shooters were that? The fact of the matter is per capita, like, this is an alarming number now. You're seeing this
Starting point is 00:32:35 more and more. By the way, New York, I think it was New York in the States for a successful lawsuit against a doctor and a psychiatrist who recommended transitioning. I think it was almost three million. That's going to be the smallest settlement that you see in the States for that mistake. you're going to see this everywhere because as is now being printed in the New York Times as is now being printed in the Atlantic as is now being printed in a number of different left-leading publications in the U.S. and around the world,
Starting point is 00:33:03 transitioning kids is a mistake. You want to do it when you're 18, fine. You want to do when you're 25, fine. You are not going to do it when you're 12. You're not going to do it when you're 6. There's not going to be any more TLC specials. I am jazz about a fucking 10-year-old turning into a chick.
Starting point is 00:33:18 You're just not going to have it. How fuck is that? It's an old show. It was in the 90s. I am jazz. This kid wanted to be a girl. And the TLC made a fucking multiple season show. And I think that kid now is having some problems too.
Starting point is 00:33:28 Shocker. Who could have seen it coming? Well, everybody. And to Corey's point, we're afraid to say it. But you can't be afraid anymore. This is going to continue to get worse. This is not the only thing for which and in which you cannot be afraid to speak the truth. There's a number of different silos.
Starting point is 00:33:44 There's plenty of them. Yeah. And I think more and more people are going to come to this realization. That cop is never going to get invited to certain places again after saying gun person. His social life will suffer a great deal as it should, as it should. Get a comment in the chat there, boomer, that you were right. Systematic compliance. I like that phrase.
Starting point is 00:34:05 The cop was afraid. I'm not saying you're wrong. I'm saying that is the time to overcome that fear. If you're in that profession and you're afraid to say the wrong thing, you're in the wrong profession. Sorry. But it's every profession. Maybe not to, like obviously the stakes here are. are way higher than you can possibly imagine, you know, police, at a tragedy like this,
Starting point is 00:34:29 children that have been killed. This is the highest level of, you know, sensitivity, right? Obviously, but it happens to all of us. You know, you're not going to say that you never, I know I have a big mouth. Of course. I don't. I'll say whatever. And there's been plenty of time where I bit my tongue because I knew I can't say this. Even though it's completely, correct. Yeah. But I'm afraid to say like, oh, if I actually tell the truth here, there's going to be consequences.
Starting point is 00:34:59 Yeah, for precautions. Yeah. Let's, let's, uh, yeah, I have done it. I have done it before. And then I have suffered the consequences afterwards for people telling me, don't fucking say that, right? Like, it has happened. Yeah.
Starting point is 00:35:13 Yeah. Uh, we'll see how this, the Brampton man. Yeah, we have to because the fan behind my camera is going to die pretty soon and the camera's going to shut off. So let's, uh, I call. close my comments. It's a court. Corey's participating.
Starting point is 00:35:24 Is it on batteries? No, it's not. But when it streams in 4K, it's not meant to go 4K for two hours. So I have a little fan behind there that I bought for the camera. It was like 10 bucks on Amazon. Works really well. The camera didn't shut off. Remember we shut off a few times a few weeks ago?
Starting point is 00:35:37 So I had to solve that problem. And I was able to solve it. Anyway, let's get into it. 256 heat is a sponsor. You can hear my minor. No, I can't. No, you can't. Exactly.
Starting point is 00:35:47 Running about eight feet behind me, can't beat it. I mean, if you're going to heat your house anyway, why not get paid for it? You're stupid if you buy a heater from Canadian tire that doesn't reimburse you in KYC-free sats and allow you some financial freedom down the road so you can say the wrong thing at a press conference. This is important.
Starting point is 00:36:03 It's more important than never. And if you want one, Thuan at 256E.com, we'll call you on the phone. He will zoom you if you want. We'll go over your hydro costs, go over your setup and find a solution that works for you. Custom, tailored every time, go there, and you save 5% or something if you use our code.
Starting point is 00:36:20 Sure do. Get in there, man. I've said it before. I'll say it again. I know you guys have said it. There are no cooler people in the Bitcoin space. Oh, Twan's the best. Yeah, he's the best.
Starting point is 00:36:30 The home mining guys are never talking about price. They're always helpful. They're always positive. It's just an excellent community. Twan's product is the best in the business. Yeah. But you will learn a ton. You will learn a ton.
Starting point is 00:36:49 Like Joey said, If you need to heat your basement or your garage anyway, do it. And you're going to learn so much and you're going to expose yourself to a part of the Bitcoin space that not a lot of Bitcoiners really expose themselves and you will reap the benefits. By the way, just before we go to this segment, there was a shooting at a hockey rink about an hour before the game in the state. And law enforcement reporting, a man dressed as a woman was the gunman. So data point there as well.
Starting point is 00:37:19 Let's talk about Brampton men and Hamilton men. All right, let's go there. So a man was arrested in a spiritual scam after cleansing a woman's money, jewelry, of evil spirits. So this dude was arrested and charged after allegedly defrauding a woman out of $61,000 in cash and jewelry in which police. are describing as a spiritual scam. And they tell that this man told a woman that he had won a lottery and he was lucky because he was very close to God. How do you read these with a straight face?
Starting point is 00:38:04 This is one of the best ones we've ever had on this show. Yeah, this was really good. Last week was church too. I think Len might be searching like church crimes Brampton. I'm trying to go off. Investigators say that. He convinced a woman to give him a large quantity of money, so that he could bury it in the ground and remove the evil spirits by praying.
Starting point is 00:38:26 He promised to return the money after the ceremony. After some time, he asked a victim for more money and also told her that evil spirits were in the jewelry. And in order to get rid of the evil spirits, she needed to turn over her jewelry as well, more jewelry as well. So he eventually did not return the money nor to jewelry. So she called the cops, and they charged him. for fraud over $5,000 and so forth. So we get to appear in court.
Starting point is 00:38:53 That's the last I heard of him. That's story number one. Story number two, we have human bones from the 1800s were stolen out of a car. So whoever broke into a car likely got a little bit more than a bargain for in this in a form of a banker's box that contained human bones.
Starting point is 00:39:13 Look, you do with bones in the car? An archaeological dig. And please say that they got a report a theft from a vehicle with quote unquote special circumstances. And they see the car was parked overnight when somebody broke in. And also stolen was a DeWalt-Sauzol power tool and a white cardboard bankers box. True. That was in a trunk.
Starting point is 00:39:36 And the box, there were two sets of lower leg bones that archeologicals dug up at a construction site. And the bones were in a process of being taken to a secure facility. And it estimated the bones were buried in 18. 100 and he didn't realize that the bones were taken. It looks like it looks like they just, you know, breaking into a car. I don't think they were taking the human anatomy. But anyways, that's the story. We have.
Starting point is 00:40:00 If you're a car thief, that that's pretty bad luck, you know. So how do you have the bones in your car? Like, it's one thing to leave your saws all in the car. It's another thing to leave the bones. Like, why not keep the bones on your person? You don't think before you like go presumably home. Nobody's using them. Nobody used them for 18.
Starting point is 00:40:20 Yeah, but I don't like, if I'm not speaking as a guy who does a lot of work with bones, but I would not leave, like, I don't even leave a football in my car. I'm not going to leave bones in my car. Bones. Why, how do you manage to leave the bones? Somebody did and somebody stole it. The spiritual angle is hard because the Brampton man is sort of not that, he doesn't have that much finesse, you know? Good call.
Starting point is 00:40:46 You know, he doesn't, he's not a really, he's not a. finesse criminal. He's more of a brute force, you know. But then again, like the bones thing. Why is the the Brampton man may steal a saws all, but a saws all doesn't really fetch that much money at pawn shops. It fetches like, you know, I'll give you some inside baseball here. A pawn shop or a second history will try and pay you like between 20 and 30 percent of retail and then sell it for about half of retail. That's really how you make your margins. So a sawzol might go for what, 120 bucks. Let's say you buy it off the sky for 20 maybe and sell it for 40 or 50. Like he's going to make $20 breaking into a car. It seems to me that a Hamilton man would know that,
Starting point is 00:41:28 but a Brampton man may not. Are there a lot of people in Hamilton that have $60,000 floating around to lose? Gheesers. Guisers, dude. I think Brampton, I think Brampton, there's more There's more grand with 60 grand to waste. Interesting to have another guy to bounce these ideas off of. Yeah, maybe you're right. There's like older wealth in Brampton. Hamilton's in the middle of like a gypsy jewelry distraction crime wave. There was just the number of arrest made.
Starting point is 00:42:00 So I don't know. That's a hint for. Yeah. Like I don't know how old the story is. Is there a time? There's no hints. Like some of these stories are older, right? Can you give us a year?
Starting point is 00:42:11 Because like digging, the bones and stuff. And even there's like digging of the jewelry. I'm going to say, obviously this has got to be in the summer. Yeah, I'm going to say that the Brampton man. Corey, I think you're right. The Brampton Man is the jewelry guy. That's my instinct as well. Yeah.
Starting point is 00:42:25 Okay. Yeah. Let's see. Yeah. So the Brampton Man is indeed the jewelry guard. Huge. Darshan Dollywall. Nice.
Starting point is 00:42:32 Brantan Man. Brampton Man. And the, he's out on bail already? Is that where we, uh, we think he's out on bail? I don't know. Check the court records. We got to find out. And last I heard, those bones are still at large, so I'm not sure what happened with them.
Starting point is 00:42:48 Maybe they caught them. It would be really cool one week, Len, if you found like a couple of stories that it was the same man. It's like that Brampton man like committed a crime. And then he went to Hamilton and committed a different crime in Hamilton. But it's so it would be the same man. That would be a really good twist. But then it's just, it's not true because I have one's a Brampton man, one is a Hamilton man. I still need to have one Brampton, one Hamilton.
Starting point is 00:43:11 One can become a Hamilton man. It's technical. Being a Brampton man. Okay. Just like when they say all these news stories, a Brampton man. And it's always, you know, assaulted somebody, you know, raped somebody, gone into an accident. You know, I got to follow suit with this. If they want to say that's the Brampton man, I'm going to use that as my story.
Starting point is 00:43:32 That's right. That's right. That's it for tonight. Corey, thank you for your time. Glad I made it through the episode. It's nice to have a third wheel here. of course, my co-hosts with the most. Good to see you.
Starting point is 00:43:42 I'm going to release the episode I did with Doomburg sometime this week when I'm finished editing the video. Looking forward to that one. It's going to be great. I will tell you that for a guy who is so careful with what he says, I think I caught him off guard with one question, and he didn't give like a typical Doomburg response. It sounded like a man. He bled for a couple of minutes, which was great. It's a great episode.
Starting point is 00:44:04 If you haven't listened to the Kevin Muir episode yet, you ought to. It was very good. We did that at the World Outlook Conference. and this Thursday at 7, not streamed, I'll be talking to Scott Horton about all things, geopolitics and American Empire, of course. So anyway, see you then. Take care of yourselves. Like the video if you're on YouTube, subscribe all that stuff, and we'll talk to you soon.
Starting point is 00:44:24 Don't be a cock.

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