The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Where's the Bull Market? Elbows Up is Done? Knots vs Core Drama | The CBP 229 Pt 2

Episode Date: August 27, 2025

FRIENDS AND ENEMIESJoin us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. The Knots vs Core drama is going to another level. Who is to blame? Jack Dorsey...'s new American made ASIC solution. Defending your home is a crime? Bank for International Settlements has no idea how to deal with bitcoin and so much more.From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord:   / discord   A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - https://easydns.com EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. With DomainSure and EasyMail, you'll sleep soundly knowing your domain, email and information are private and protected. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠ The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for 25% off fees FOR LIFE, and start stacking today.256Heat -⁠ https://256heat.com/ ⁠GET PAID TO HEAT YOUR HOUSE with 256 Heat. Whether you're heating your home, garage, office or rental, use a 256Heat unit and get paid MORE BITCOIN than it costs to run the unit. Book a call with a hashrate heating consultant today.The Canadian Bitcoin Conference - https://canadianbitcoinconf.com/The PREMIER Bitcoin Conference, held annually in the great white North, where Bitcoiners come together to share stories, build momentum and have a great time while doing so. Whether your a pleb, business, newcomer or OG, the Canadian Bitcoin Conference wants to see you in Montreal, October 16-18 2025. Don't miss this one!

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Discussion (0)
Starting point is 00:00:00 So with that, we could transition to the rest of the stories. And the rest of the stories are sponsored by 256heat.com. And if you're looking to mine Bitcoin and heat your home, there's no better place to do, especially if you're in Canada, because these folks here are located in southern Ontario. Joey and I recently got a unit each, and we are heating areas of our homes with this.
Starting point is 00:00:26 At the same time, through that, we are mining Bitcoin. and it's using S-19s that are plug into the 110 volts so you don't have to have a fancy setup. You just basically need 1,000 watts, 4,200 watts, 700 watts, whatever system you want to put up there. And if you're going to be heating your home this winter, if you have an area of the house that's cold and you're going to be using electricity to do it,
Starting point is 00:00:46 you might as well use one of these devices because in that way you could earn Bitcoin K-YC-free and have it sent directly every day to your lightning wallet. Check them out. 256 heat.com they are great the units themselves are quiet I wish I could show it to you
Starting point is 00:01:04 mine's in the garage right now but Joey's unit he has his behind and doesn't really impact his setup so you don't even fucking hear it so anyways they're the best in the game check them out
Starting point is 00:01:15 now with that being said Jackson Hole let's talk about Jackson Hole because that took place this past week and I'm going to be very quick about this because when it comes to this kind of stuff I really it impacts me
Starting point is 00:01:30 but I don't really care because I can't do anything it just happens regardless of however I think I can't will it into a different direction it just happens so Jerome Powell by the way I just want to point out he looked disheveled in a photo just before the meeting it was a photo of him getting off the plane
Starting point is 00:01:47 he had his carry on he was lugging around and it looked like he was fucking flying coach or he just exited coach and flying with the rest of these fucking peasants like us like these guys they can fucking create money to thin air and you're forcing this guy to fly fucking coach give me a fucking break anyways must have been a rough light so he after the meeting it looks like there's indication that rate cuts may be coming great and once he said that at least hinted at that it's it was you know this is a signal that the fed is shifting their
Starting point is 00:02:17 monetary policy no commitment yet but fucking there was an immediate reaction bitcoin went up like it's amazing that this guy could get up there could say a few things hint at something and boom markets move oh come on man like does this guy have that much power yes he does does he need this this much power no fucking way but he's talking about the same old same old stuff like labor market employment shit like that's going to be driving the decision moving forward this guy he is on his way out there's no you know he's not going to be renewed Trump doesn't like him even though he's got
Starting point is 00:02:51 that he's one and appointed him he wants the rates cut this guy's refusing to cut rates who's right i don't give a fuck to be honest i'm not sure if you have any insight you want to put in this one no i don't give fuck either i see one on the same page i like it we're on the same page like i mean it's uh i don't know it uh it impacts us yeah but like you know what the hell like the fuck can i do yeah it's yeah it's a talk of all it's out of it's out of It does, but I mean, it impacts us in a negative way. I mean, we're going to, yeah, well, I guess negatively when, you know, they print all this, you know, or more money or they release more money or, you know, people gamble more or take more risks. But, yeah, it's the weirdest, it's like a sketch show.
Starting point is 00:03:44 You know, you see when Trump was down in the, looking at the Federal Reserve renovations and he was like, you know, it was. 3.2 billion. He's like, no, no, it's, you know, and it's like Laurel and Hardy, like, it's something, you know, something out of a sketch show. So, yeah, I think when Jerome Powell gets the can or leaves, and he looks like he's trying to stick it to Trump, really, doesn't it? Yeah, in a way he does. He's trying to state to the bitter end and do it on his own terms, not bow down to any
Starting point is 00:04:16 wishes of changing rates, do it the way he wants to do it. is that being stubborn is he doing it to the detriment of the country i don't know i i i think i you know jerome pile is it seems like he's not the worst of them um he's not like some of the other guys but uh and maybe he's just trying to do the right thing and trump's trying to try to strong arm but or obviously trying to strong arm but yeah i don't know i it doesn't impact me too much i don't really give a fuck Intel, let's talk a little bit more about them. This is a story I touched upon a few times already.
Starting point is 00:04:55 This is basically what happened. The U.S. government is getting involved with ownership of Intel. They now own a 10% stake of the country. That's right, the company. The country, the company. 10% stake of Intel is what the U.S. government owns. And they got this deal that was done because they were converting grants into equity. And the grants were coming from the Chips Act. So they had this act and money was
Starting point is 00:05:21 going to be sent over government involvement. And they said, you know what? We'll get some stake in the company. Okay. And it's an interesting way of using taxpayers money. Let's be honest, that money could have been spent anywhere else. It could have been spent on maintaining bridges, improving health care, paying off debt, wherever fuck it is. But in this case, they said, you know what, we're going to buy 10% of Intel. All right. So now the state has direct ownership in a public created company. This happens periodically. We had the same thing happened when there was a bailout in GM and Chrysler or what the fuck
Starting point is 00:05:57 it was called at the time. And so like, but they eventually, they got rid of their shares. This case, I don't know what the fuck there's long-term plan is to keep this. It's an $8.9 billion investment and 433 million shares were purchased or somehow sent to U.S. government. And if I was a competitor to Intel, if I was an Nvidia, if I was an AMD, this type of news, this would piss me off to no end,
Starting point is 00:06:27 is now you're getting the most powerful government in the world. The one that can control markets, they fucking control the NASDAQ and to control the New York Stock Exchange, the flow of money, valuation of companies, the way money is basically given out to companies through debt creation and shit like that. they fucking now own that like i would be fucking irate if i was amd i'd just be fucking pissed like i'd be looking this this is definitely the wrong way of doing things the
Starting point is 00:06:55 u.s through all this right at least right now they don't have any seats in the board or any voting rights but this could change and if they do this is this is soviet union style stuff right like it's maybe not to that degree but it's a step in that direction state ownership of a company and it's not like it was given to them there was some backroom deal to do this right and are they going to end at 10% do they want more they obviously they want to have some stake in this maybe for defense or like who the fuck knows there's a long-term plan here I don't know what it is but the state owning a company this robs me the wrong way I don't know about you like what do you think about this nationalization of companies has
Starting point is 00:07:45 never gone well for for too many companies as far as I know you know and especially in that sort of sector where it's you know innovation based you know yeah I know what you're saying where they don't have seats on the board but surely there'll be some influence there you know but I don't know if it'll if I would say it's it's a bad thing for Intel really I'd like to know how much Nancy Pelosi had in it and you know and how much info she had or if she bought any stocks beforehand. I'm sure she did. Maybe I shouldn't label her. Maybe I shouldn't do that.
Starting point is 00:08:21 No, but somebody within Congress or in a Senate, because you're right. A lot of times people that are elected officials, it's noticed after the fact that they purchased into a company before the news came out. And somehow, at least the perception is, I'm not saying this happens. I'm trying to not get myself suit here. The perception is it looks like they used inside information. to obtain this and buy in on the cheap. And yes,
Starting point is 00:08:49 I'd love to see in six months a year from now, a year and a half from now, when disclosure is then released, who the fuck bought in before this took place and how much? Because if they did, answers need to be given and potentially heads should roll. But you know what happens? No heads roll.
Starting point is 00:09:07 No answers are provided. And we just continually go on. It's a two-steered system, right? Oh, yeah. But, You go to jail. They do this. You get reelected.
Starting point is 00:09:18 Get the fuck out of here. Yeah. But I mean, what do you think like 10%? You know, it's not a massive stake, but do you think that, you know, is that going of a massive influence on Intel, like influence to get money? I don't know. Do they need this? Did they need this type of partnership?
Starting point is 00:09:40 Did they need, like, what's the advancement here from Intel? Like, what are they getting? from this type of partnership what's the are they better off today than they were a week ago I can tell you their competitors aren't their competitors are in a worse position
Starting point is 00:09:57 right if I was an investor of Nvidia would I say oh you know I just dump more money in this company or would I say you know what maybe it's time to start reducing my position just based off this this move by the US government this is a very powerful very powerful position they got in i don't know yeah see boom does the same he's saying that look they're just basically money for nothing so it's right money and they're getting stuff in return
Starting point is 00:10:26 rather than typically what they do is they get nothing in return for the money great so it may be some benefit here but let's not overlook the fact that it's now a partially owned by the state i think that's something we for me at least i don't know why i can't over look that particular point, but for me, it rubs me the wrong way. Taxpayers paid for this thing. Now they got ownership, a direct ownership of a company. What the fuck they want to deal with this company? They want services.
Starting point is 00:10:58 They want health care. They want roads to be free of potholes. They don't want fucking bums in the street. They don't want fucking ownership of intel. This is not something a government should do. This is, for me, it's the outside of the purview of what a government should be doing. Yeah, John's saying in the chat that they need chips for manufacturing in the U.S. for defense purposes. That's probably a good, yeah.
Starting point is 00:11:23 Fair, yeah. And, yeah, I touched on that. There could be some defense play situation here. But still, I don't know. I just look at this. I don't know. I don't know why I'm just irate about this. And I'm not even a U.S. citizen.
Starting point is 00:11:38 And I'm fucking irate about this. Yeah, and I'm sure they're cycling money from defense companies. companies or defense contracts into Intel and there'll be some backhanders, some way of allegedly, you know, laundering money some way. The, there's this interesting story in Canada that I want to talk about and it's this homeowner. His name is Jeremy David McDonald. This guy was charged with aggravated assault and assault with a weapon for injuring
Starting point is 00:12:10 somebody. There was an intruder that broke in his apartment. So it's happened 3 a.m. And what he did, Mr. McDonald, he decided to deal with the intruder. He actually used a kitchen knife and he harmed him, harmed the intruder Michael Kyle Breen. And so what happened in the scuffle, some serious life-threatening injuries were received by Breen, the intruder. And he was airlifted to a hospital, to Toronto Hospital. So the gist of it, dude broke in his house, got his ass handed to him, and the guy who owns the house that had his house broken into was arrested because he basically defended his property, his livelihood, everything.
Starting point is 00:12:57 And on top of this, the thief, Breen, he was wanted for unrelated offenses. So he doesn't have a clean past. He already has, he was wanted for shit like charged with Mulman. multiple crimes, breaking and entering, shit like that. And this guy, McDonald, ends up getting charged. Like, I don't know, man. You see stories like this, and it makes you wonder, what the fuck is going on?
Starting point is 00:13:25 And on top of this, these laws, somebody was posting on X that these laws were changed a little over a decade ago under Harper's watch. And during that watch, they made it so that if you are to defend yourself, you could be potentially charged. So imagine that this was done under Hartford's regime. Like that's fucked up.
Starting point is 00:13:50 And now you have Poliav talking about this. He was part of that government. Like everybody has blood in their hands here. Like this is, I don't know. Like you hear a story like this. Somebody breaks in your house. What the fuck you do? You have free rate.
Starting point is 00:14:03 Go ahead. Take it. Yeah. But I mean, it goes back to the, you know, the stories earlier on. I think it was earlier on this year. with all the carjackings in Toronto and they were just saying right
Starting point is 00:14:13 just take you know just don't put up, don't resist you know if somebody comes to jack your car or somebody breaks into your house to take it just let them take it. Like that's it's it is it's crazy because what the police can't you know can't defend you or can't get
Starting point is 00:14:30 there in time but that this is not the first time this has happened I mean there's I think when you and I talked before there was a and there was a guy in the UK a farmer I remember it's from from growing up in in ireland in 1999 the guy on the farm and two guys broke in and he killed one shot the other uh or injured the other and uh and he went to jail for eight years uh for defending his his farm um and yeah i mean it's uh it's crazy
Starting point is 00:15:02 law should be modernized and give the person that is owning the home that their life is threatened they should have the ability to apprehend and even stop and if there's any you know if you do some harm a fuck this wouldn't have happened if the guy didn't break in in in the first place yeah like let's let's be honest this wouldn't have happened like what's the problem here is the the guy that performed a crime initially was the the fucking aggressor if he did if he just didn't do it like where where's the where's the stand the stand your growing law is that america it might be i've never heard of it so it potentially is law let me just check boom that's interesting no sorry boom that's we're not going to talk about
Starting point is 00:15:48 that that cancellation just because of uh the parties involved and uh yeah we'll leave it yeah it's primarily in the u s so legal principle primary and you and removes the duty of of uh removes the duty to retreat from an attacker and allows an individual to use responsible force including deadly force to defend themselves from perceived serious harm. Is that Florida? His Boomdust is saying Florida is so to be specific that state. Yeah, maybe it is, but it says seven states have enacted, have an acted standard, your ground laws.
Starting point is 00:16:22 But yeah, that, I mean, oh shit, if you have kids in the house, even if you don't have kids in the house, if you're on your own, I mean, like, and someone comes in, you should take, you know, and, you know, what, if they have a gun or if they have something like, Are you not allowed to shoot back? You should be allowed to protect your home. That's all you have. And beyond that, what if you have like a pit bull, for instance?
Starting point is 00:16:47 And there's no laws for you not owning a pit bull. You're operating within the confines of the law. Dog is trained and everything. And somebody breaks and the dog just absolutely snaps. And it goes after that intruder. And it maimed slash kills the person. Now, is the dog going to be put down? Is the dog owner going to be charged?
Starting point is 00:17:06 I'd love to see something like that play out and see what would be the end result of that I guess bullshit I'm sure there's cases before where criminals have sued homeowners for getting injured for coming in and out of their homes like say they break a window and cut their hand or whatever and they've sued and won
Starting point is 00:17:27 I'm like again you know I'll Google that but it's I'm pretty sure that's a thing Anyway, let's talk about another interesting story. In Toronto, they're going through a financial shortfall, just like every other city. But Toronto's mayor, Olivia Chow, went out there this past week. And she was saying that the city is looking at a $107 million shortfall for 2025 because the federal government is not pointing up enough money for funding the refugee support system.
Starting point is 00:18:04 And she says the federal government's interim housing assistant program is only covering 26% of what the city anticipates spending on shelter costs for refugees and asylum seekers. And this number has been going down over time. Historically, they reimbursed up to 95% of the city expenses. Now it's 26%. And the shortfall, let's be honest, they have made, they've made a number of different decisions of spending money, the wrong way in Toronto. And I could give you an example. Young Dundas Square was recently renamed to San Cofa Square.
Starting point is 00:18:47 I pronounce that right, Sancofa. Anyways, they renamed this, depending on estimates, was between $300,000 and $800,000 to rename it. Sancofa, the change of signs and PR and all this bullshit. it so and that's a huge range because you can't really find the exact estimate here what it is but you know we'll say half a million dollars we'll kind of in the middle and why did they choose this name san kofa square san kofa like why they could have been a lot of better names like maybe terry fox square right uh frederick banting this the the kinnok that was behind
Starting point is 00:19:28 penicillin and the mass production of it right there's so many names that you and he did it at university of Toronto so it's a local connection there's so many people you could have chosen that have either direct connection with Toronto Canada there's countless names they chose this so I understand there's a huge shortfall from this housing assistance program but Toronto is doing a poor job of managing the money they do have in fact this past summer the pride parade was going through their own financial hardship because there was out for a number of different reasons, and Toronto decided to give a little bit more money to the Pride parade.
Starting point is 00:20:09 You know, you just can't keep giving money away. You can't keep renaming these fucking squares. Money doesn't come from the fucking sky. You run out eventually. You can't, you could raise the taxpayers, you could, like, more money from homeowners, like property tax or residential, commercial, what a fuck. But eventually, they say no. They say enough is enough.
Starting point is 00:20:31 You guys got to deal with what you fucking have. I see this, this is sad, but fuck, you guys aren't doing a good job to spend your money as it is right now. Like, fuck you. Olivia Chow, Joey would have fucking went nuts in this, by the way. He's a huge Olivia Chow supporter. I'm just kidding. I have ally of Frady Square, 100% boom dust.
Starting point is 00:20:54 I would have fucking supported. He's a former hockey player for the trauma police. But yeah, like, I'm not sure if you have anything you want to say about this fucking story here. And they're not that they change. I thought they changed all this, was it Dundas Street, they changed all the signs as well, or they, they, they were planning to do that. And they even spent like hundreds of thousands planning to do it, not even doing it. Yeah. Yeah, consultations and stuff.
Starting point is 00:21:17 So, yeah, like, I mean, I, you know, I did work for the city of Toronto and, you know, I know, I know the massive inefficiencies and where they spend their money and it's ridiculous. like and um the problem that now is you know that she's looking for the federal government to bail them out and that's coming from every other canadian so i mean you're canadian paying taxes in edmonton or winnipeg or whatever you know and that's you know it's going to pay uh levi chow's you know uh topping up of the the pride parade or whatever changing street names yeah it's it's ridiculous and you know i listened to um uh dave bradley and francis had a at a podcast i think a couple days ago where he was talking about the independent alberta movement i don't know if you watch that but i mean what he's saying is right and i've heard this a few times since
Starting point is 00:22:15 actually in a couple of different places but you know where um you know alberta's giving money that are topping up quebec's finances you know federally when it goes into that big pulling in, they're paying for pylons in Montreal. And it's kind of the same thing where, you know, that money, who knows where that money's going to. And Montreal is a disaster to get around. And Toronto is a disaster to get around as well. The infrastructure crumbling, like, yeah, it's, I don't know.
Starting point is 00:22:47 How do you fix it, though? That's the big problem. Where do you start to fix it? That's a big question. How would you do it? start from the top get rid of all the fucking council and fucking mares
Starting point is 00:23:02 let's get some and whatever money comes in deal with what you have it's not about virtue signaling it's not about doing shit that feels good it's about the nitty gritty you have roads that are pathetic you have infrastructure
Starting point is 00:23:16 like pipes they're fucking bursting all the fucking time because there's not enough maintenance the garner it's falling apart because it's fucking ancient and it's so much salt over the years and shit like they're going to have to eventually tear that down and when they do it's going to be a bigger disaster to what it is now so you have all these problems that just need
Starting point is 00:23:34 and it's just you got to fucking funnel all this money into this grant like and there's going to be some waste in there fine just focus on that shit and the rest don't even fucking bother it doesn't make sense renaming something fuck it that's that's something it's it's a nice to have but we don't need it today maybe in a 500 years we can talk about it but definitely not today that's the way fucking deal with it. You prioritize shit and it's the thing that just if it doesn't fucking work, if it adds no value whatsoever to make somebody's life easier from getting from A to B quicker, it's not even included. Fuck you. Back at a list. See you later. Yeah, but the thing is, is that a political play by Olivia Chow to pander to people who are voting
Starting point is 00:24:17 for, you know, to keep her in longer? Because they see that, they see these political stunts and they see her providing money to pride prades and, you know, different organizations. But they don't see the aging infrastructure under the ground. They don't see kind of, you know, temporary solutions or and even operating costs for electrical or, you know, waste services or whatever. Like, they don't see that. So it's not really that big a deal to her. Do you think that's the cause?
Starting point is 00:24:47 That's what she's trying to do is keep herself reelected? Yeah. Well, these four-year election cycles certainly isn't helping. whatsoever and let's be honest they're getting chauffeered around from A to Z it's not like they're on the TDC on the subway elbows to elbows
Starting point is 00:25:02 with fucking peasants that fucking reek and he also have to deal with drug addicts fucking drunk shit like this needles yeah right and now they're putting fucking cops over there and mental health police and shit like it like it's getting to a point where you don't want to fucking take the TTC
Starting point is 00:25:19 it's been like this for years today it's even worse than it was yesterday and tomorrow's going to be worse than it is today, how could you provide this level of service to people than a fucking delays, people jump on the fucking tracks because of mental health issues and nobody could get to work that morning? Like, it's just a compound.
Starting point is 00:25:35 And so doing all this other shit that is trying to pander to folks to try to get elected again, fuck you. It does nothing to help the common individual at there that, like I said, wants to get from A to Z, from home to work and work to home, as quick as possible, as painless as possible, without dealing the bullshit.
Starting point is 00:25:50 shit. That's what we should be focusing on. It's trying to improve people's lives as much as possible. That's what it is. And how do you do that? You don't need roads that fucking have problems. You don't need subways to have problems. Like, fuck, man. But people keep voting for
Starting point is 00:26:05 that. And John Torrey didn't do much either when he was in power. I mean, he, you know, again, he was on breakfast TV most of the time. Like, he wasn't you know, I didn't see him doing much either. You know, he partnered a lot as well.
Starting point is 00:26:21 Agreed. He had his pants around his ankles. He was having fun with one of his staffers, I believe, what it was. Allegedly, I don't know what the fucking story is, but like, come on. Anyways, two more stories. Do you know, sorry, sorry, before you go there, development charges in Toronto, I heard this statistic today, right? So if you're building a house in Winnipeg, I think,
Starting point is 00:26:44 development charges are like $1,500. If you're building a nice, like say you get a greenfield where you can build a, 300 houses or single family homes in Toronto development charges are 300,000 so like that's unbelievable you know cost difference and and where that's going to and that's going right into it that's you know it's supposed to be spent by the city of Toronto government or the municipal government and you know what are they doing with that money that money's being pissed up the wall somewhere you know for so it's it's an awful yeah anyway and if you look at the subway system I don't know how many new stations were built in the past 10 15 maybe 5 stations whatever the
Starting point is 00:27:31 fuck it was you go to China they build tens of thousands of kilometers like in a few years here there's consultation all this fucking bullshit just to get a fucking and it's billion dollars a kilometer there they if you stand in the way of a fucking any sort of progress you become part of the fucking pavement you either move or it gets fucking done they don't deal with any bullshit like you know what I mean like if you want to have progress sometimes you have to just fucking push your way around and say we're going to get shit done like we want subways to rake the city let's get this fucking thing done it would help so much to move around people move around like you go to any big city in china it's
Starting point is 00:28:11 incredible like I look at the maps I never traveled but the public transit system over there Oh my God, it looks modernized And it's clean It's fucking works You go to Toronto You've got two and a half lines What the fuck is this? Yeah, and you're waiting on trams all the time
Starting point is 00:28:26 And you know, there's always delays And even some of the projects I remember, you know They would do the design Do design for three, four years You know, all the moving utilities Planning the move utilities And then they would get to the stage
Starting point is 00:28:41 Where they would have to buy the trains And the trains would be out or Bombardie it would be, you know, screwing around or they'd be out like an inch or two inches or whatever. And the next thing, you know, you have to change everything again. It's delays. And that's, it's, you know, like Toronto, the whole transit system is a bit of a joke worldwide, I think. And it will remain that for a long time.
Starting point is 00:29:02 We're going to do nothing to fix that. Yeah. We'll do one more story. I was going to talk about, well, I'll just read really, really quick. The Maple Ridge, B.C. story where the dumping disposal company was found let's see what's the name of it where to fuck the name of this company is just be gone disposal
Starting point is 00:29:20 they found that they were just dumping the garbage on the side of the road over there the owner was Sarge Daliwal was saying one of the employees went rogue and just decided to dump the shit illegally over there love that stuff bring it on I love to see it anyways
Starting point is 00:29:35 last story we can talk about elbows because it's a good time to talk to what elbows because Prime Minister Mark Carney announced this past week that Canada is dropping many of the retaliatory tariffs on American goods, and the move takes into effect September 1st, so it's still a week-ish away. I'm not sure when September 1st is.
Starting point is 00:29:55 And it's one week today. And so, yeah, there we go. So it's those counter-tariffs are going to be a thing of the past. They were first imposed by Prime Minister, former Prime Minister, Justin Trudeau. So, yeah, love to see this. capitulation, I don't know. So it turns out
Starting point is 00:30:17 he wasn't standing up to Trump, is that with this all kind of? The way he said it, he said, there's a, like he used the hockey game reference. He says there's a time in the game when you got into the corners and have your elbows up and there's times in the games, you just have to stick
Starting point is 00:30:33 handle with the puck. And he says, now it might be the time to stick handle around. So it looks like elbows no longer are up and it's going to a different part of the game where they have to try to find a different way to solve this problem it's not going to be just about i have tariffs you have tariffs looks like they want to get to the table at least carney wants to get to the table and try to have some sort of agreement without pissing anybody off you got elected on this right this is the thing he was elected on right he was someone who's going to stand up to trump and here we are yeah like
Starting point is 00:31:04 boom dust said it is i think it's all theater like all this is uh you know it's it's it's a dance that they were going to do, and, you know, he was always going to capitulate, I think, you know, and maybe it's pre-planned. Maybe they had it discussed before. I'm not sure, but Carney's benefit him, I'm pretty sure, in the back end. I have nothing else to say about this, because this is just a story. I found an interesting story, but I think everybody, I'm exhausted from this whole topic to be perfectly honest so yeah i mean go on do we were saying no i was going to say that the thing is a lot
Starting point is 00:31:48 of the and listen that i'm you know a political i guess i mean i i um i i vote for whoever i think is is going to be more beneficial for bitcoin and beneficial for you know my family and my friends in the long term but um and the thing is i as there's a saying in irish actually most of those guys it's It's a different cheek of the same arse, as they say. And, you know, it's the same they're out for themselves and, you know, they're playing the game. Sorry? I want it in Gaelic. Gaelic?
Starting point is 00:32:28 No, not from me. I was born in Britain. But, yeah, so I don't put any faith in anything, those guys say. Whatever, it's just me. All right. that's basically it for this show i hope everybody enjoyed it and just want to thank dan from the canadian bitcoin conference for stepping in for joy who's obviously on the mend he's get his knee redone today so dan did you enjoy your time with us or with me today very much so uh yeah it's it's always fun
Starting point is 00:33:03 to chat and uh feels like we're having beers that's what i always want to have it to be done like it's just a couple of guys just chilling out and i just want to want to say a big thank you to you because you're staying up very late don't want to say where you are but uh it's much later than it is where i am right now so thanks a lot yeah it's okay i i'd do it no problem all right brother any last words before we sign off no all good talk about the bitcoin conference i guess i got to plug the conference yeah so um we got uh we just just announced we have a actually a really cool thing a bitcoin for business uh workshop which is happening
Starting point is 00:33:41 so we the intent there is to have business owners and people are making decisions that are interested in bitcoin they want to learn in a good space uh we've brought together you know the bill bitcoin guys and um uh john tell us and and andrew lubin from generatio and um john mongau from fortress and other people as well so we and actually be btc mentor involved so giving the hopefully the business community some bitcoin element or bitcoin learning element so that'll be a really fun one that's happening the day before the or the 16th of the conference the hockey game as well i don't know if anybody's out there any any of the the americans listening we really need some american support so we're trying to incentivize those guys to come but
Starting point is 00:34:34 Screw them. They won last year. They had that ringer. They had Brandon Jean-Til, and he was, I don't know. I don't know what the, A-1 hockey player or, you know, something. Whatever. Apparently he was on the ice the whole time and they just fed him the puck and he did his magic. So I think it's time we have to go to the OHL, one of the higher ranks over here. Not quite professional, so we don't have to pay them big dollars, but we could just get
Starting point is 00:34:59 some couple of ringers that are quote-unquote bitcoiners and kick their ass. so yeah i was trying to find out who who the the bitcoiners actually there's uh Trevor coverco who's uh who works with sonner ray now he does a lot of uh stuff outside of bitcoin let's say um but uh he he was he played in the nchel as far as i know so and i don't if he didn't play for Toronto i think he played for i can't remember i read his story one time but yeah he i think he'll be a good good hockey player to come maybe we could bring Mark Carney for Nets for the American
Starting point is 00:35:36 Very good He was part of the Oxford team Anyways One last word before I sign up Joey did message me just Right now he says Good as can be So it looks like the surgery was
Starting point is 00:35:49 Success and he is Good to hear So yeah so He'll probably Squat in no time Yeah He was squatting up until recently Even after the injury
Starting point is 00:35:59 And I'll be back on Wednesday With Nobibou A.K. Nick And with that, take care and don't be a copy. See you later.

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