Tin Foil Hat With Sam Tripoli - #394:The Global Insurrection Against Banker Occupation with Max Keiser

Starting point is 00:00:00 Tinfoil Hap. Oh, what the fuck are you guys even talking about? Global controls will have to be imposed. And a world governing body will be created to enforce them. Welcome to Tinfoil Haas. We go deep home, boy. Aaron, open your mic. Drink from the fountain of knowledge.

Starting point is 00:00:27 There's lizard people everywhere. That's some interdimensional mindek. Wake up, Aaron. This is only the beginning. There's, you just move my mind. Good. Are you ready to get your mind down? Good.

Starting point is 00:00:47 Morning, Swarm. How are you? And welcome to Tim Fall-Hat. You know I am? You know what I'm here to do? I am here too. There we go. Joining me is from the hit new show.

Starting point is 00:00:59 We don't smoke the same. Exaver. the same as available on YouTube and wherever you listen to podcast. Plus it's on what, Blaze? On Blaze only fans. We're working on all of it. You're on only fans? Yeah. We do it. And now you're asking for free content from our ladies who work hard? Shame on you. Shame. Shame. Shame, they give me content. Shame, shame. Joining me on the ones and twos, he just put out a hit new show,

Starting point is 00:01:30 the people are talking, maybe one of the greatest podcast episodes ever put out. His name is Johnny Wutter and he is the lead guy on Broken Simulation. That's a generous lead guy that you said there. Hopefully it's going to be out. We had to pull it down because we had some technical issues. Johnny, don't get into it. It's some technical difficulties. We don't need to pour them.

Starting point is 00:01:52 But check your app if it's there. Enjoy it, please. Check your app. . . has been there for a week. You too, I mean, Patreon.com. Slash Broken Simulation. It's unedited. I love it, you know, I love it, man. You know, I love you. You know, I love you.

Starting point is 00:02:11 Thank you. I love you, too. That's appreciated Sam. So, uh, so guys, if you're listening to this, Helium Club in Philly with my good friend Augustino Zoid out which you've heard from the Church of What's Happening Now we're there tonight all the way through Saturday so come get weird okay I got t-shirts for you they're gonna rock then next week I'm in Lombard Illinois at the afterlife this should be exciting and new and you're just gonna hear me

Starting point is 00:02:43 do some hardcore comedy karate up on stage. So come, come and join me there and then December 3rd through the 5th I'm going to be a helium's in St. Louis and then just added beep beep beep just added I am going to be at the dojo. What is that? Well let me see what this is real quick. I'm going to be at the dojo. What is that? Well, let me see what this is real quick. I'm gonna be in the New Jersey. Oh my God, what just happened here? Why did this just happen to me? Why did this? Yeah, I'm gonna be in Jersey.

Starting point is 00:03:17 I'm going to be at the dojo in Morris Plains December 8th and 19th. So please come join me there all these links will be available in the description below so come do that t-shirts are on fire we got so many great t-shirts people can't even believe it how many great t-shirts so many great t-shirts we have so many great t-shirts you get the fuck your blue check mark t-shirt raging on behalf of the machine China they're not made a china they're not made in the the the j j j j j j j j j the the the the they they they they they they they they they they they they they they they they they they they they they they they they they their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their their theeeeeeeeeat theeeeeeeeeat theeeeeeeeeat theeeeeeeeeeeeeeeeeeeee theshirts. You get the fuck your blue check mark t-shirt, raging on behalf of the machine. China, they're not made in China.

Starting point is 00:03:50 Okay, they're not made in China. They're not. They're not. They're made here in America. Yeah, thank you. Americans who might at some point been Mexicans, but they are Americans now. So go, go to Tim Fall Hattie hat, tip, tip, tip, tip, tip, tip, t, to tip, tip, to Tim, tip, t, to Tim, t, t, t, tip, t, t, tha, tha, tha, th. th. th. they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're th. th. they're the. the. the. they're they're tha. they're they're they're they're they're not made they'reshirts.com. Guys, this show is rocking hard. And it's been in such demand, we've done some, I've made a Patreon for.

Starting point is 00:04:12 If you go to Patron.com slash TimFolhat, you are getting daily doses there. You're getting, woo, day, AMAs, okay? I'm just banging it out there all the time. I also have a very special Spiritual podcast and basically it's called Zero. It's available exclusively on Rockfin right now. That's our okay FIN dot com, okay slash zero. And this is a show that you listen to people who've changed your life. They live in the world of spirituality and it's about helping you change the direction of your life. I always say Timpho Hat lets you know what's going on. live in the world of spirituality and it's about helping you change the direction of your life.

Starting point is 00:04:45 I always say Timful Hat lets you know what's going on. Zero helps you deal with it. So please join me over there and I love it. Anything else? Nope, we're rocking. Guys. Also if you want some mug, hats, everything. We have some mugs hats available at TimfallHats Swag.com. Good news, I'm Ari in the motion of making one website, we can come and get it all. So thank you guys so much. Johnny, I love you, XG, I love you. And please enjoy this show. It's a wonderful conversation with Max Kaiser everybody. All right guys, let's get back into it. He is a legend of game. You know what I love about our guess?

Starting point is 00:05:26 He goes hard in the paint all the time on Twitter. Sometimes I think, you know, maybe I shouldn't be such blunt force trauma. But then I watch what he says and he's one of the best. He is the master of the Bitcoin. Please welcome Max Kaiser. How are you brother? Oh, Sam, it is great is great th th, it th, it was great, it was great, it's th, it's th, it's th, it's th, it's th, it's th, it's th, it's th, th, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. thi, thi. thi. thi. thi. thi. thi. thi. thi. tooooooooooooooooooooooooooooooooooooooooooooo great to be back. I just want to remind you that last time I was here, we got you to buy some Bitcoin, I think it was around 6,000. So you're more than doubled your money.

Starting point is 00:05:52 You know, things are rip-roaring. And it's just growing. And it's great. And we're going to internet where can they find you? Well on Twitter as you mentioned it's Max Kaiser and then on YouTube search Max Kaiser you know I'm easy to find I mean very easy to find. You are very easy I feel like since we last talk your your studio and your library has expanded you have more books and that makes me think you're more intelligent

Starting point is 00:06:24 than last time we talked to you. Are you even smarter now? I'm expanding my mind, you know, every day I just expand it. It gets bigger and bigger. My comprehension of the way the universe works, the way our purpose here on earth expands. I'm confusing. I'm becoming one with the deity. I love that, dude, that deity is Apbraxis, the chicken, the chicken, the chicken, the chicken, the chicken, the chicken, the chicken, the chicken, the chicken, the chicken, the chicken, the chicken, thia thianianOD is Apbraxes, the chicken snake guy who runs the 365 different simulations.

Starting point is 00:06:50 Now listen Max, one thing you hit me up with was like you were not very happy with Dave Chappell's the monologue on Saturday Night Live. Can we're not very happy with Dave Chappell's monologue on Saturday Night Live? Can we hear your thoughts on that? Because I'm going to be honestly, you were not the only one one the the only the only the only the only the only 30 the only 30 the only 30 three, 36, 36, 36, 36, 36, 36, 36, 36, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 36, 36, 36, 36, 36, the the 30, 36, 36, 3, 3, 3, 3, 36, 36, 3, 3, the 30, the 30, the the the the the the the the the the the the the 30, the 30, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3, th. th. th. th. th. th. th. th. th. th. th. th. th, 36, 36, 365, 365, 365, 365. Can we hear your thoughts on that? Because I'm going to be honest with you, you are not the only one to say that. And then I'll give my theories on it, but my opinions on it. But what were your thoughts? Because you were very, you were very strongly opinionated about it, let's just say.

Starting point is 00:07:20 Right. Well, the thing about the election, some of the interesting demographics of that election, you know, we know that Trump increased the percent of votes among, and two to four times in blacks, Hispanics, women, and LGBQ. He reduced votes amongst white men. So that would kind of indicate that he's not racist, sexist, homophobic, or a white supremacist. Based on the votes, based on what we know from these votes. But when you turn on mainstream media in America, or Dave Chappelle, I thought Dave Chappell's routine seemed to indicate, you know, that, uh, that, uh, that, uh, that, uh, that, uh, that, uh, that, the Q, that, that, that, that, that, the that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that, that that that that that that that, that he that that that that that that that that that that that that that that that that that that that that he that he that he that he that he that he that he that he that he that he that he that he that that that that that, that, the the the the the the the the the the the the the he, the the the the the the the the the the the the the they. th. the, the, the, the, the, the, the, the, the. the. the. the.'s routine seemed to indicate, you know, that the opposite was the case. And I thought that that was fake comedy because to have good comedy has got to

Starting point is 00:08:16 have a good premise based on truth. So I thought his comedy was based on a falsehood and therefore it was fake comedy and that's my basic base case there. Okay I understand saying I that Dave Chappel is that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's that's they. that's they. they. they. they. they. they. they. they. they. they. they. they. they. they. the they. the the the the the the the the the the the the the the the they. the the they. the they. the the they. they. the the fake comedy. And that's my under, that's my basic base case there. Okay, I understand what you're saying. I think that Dave Chappell is always judged against Dave Chappelle. So it's always like, we expect the greatest of all time every time he grabs it. And nobody, and this was something Vince Vaughn said a long time ago. And this isn't his saying, but even someone like Vince Vaughn said a long time ago and this isn't his saying but even someone like Vince Vaughn would say you know nobody bats a thousand in life I thought you know he had some really great that's the name of the

Starting point is 00:08:51 broken simulation episode you know nobody bats a thousand nobody bets a thousand and I think you know there were a couple jokes where I'm like yeah yeah like that doesn't seem like a day Chappel level joke but it th th th say it is it's it's the Saturday Night Live is is trying to shove a narrative down everybody's throats that does not fit what's going on in the world and that's all I got to say my favorite part was because because Saturday Night Live is part of NBC and NBC NBC is owned by Comcast, and Comcast has a narrative. And so it trickles down into that comedy show. But I mean, Dave Chappell, undoubtedly, he is awesome comedian.

Starting point is 00:09:33 And apparently, they just called him up with the last second and the kind of parachute or demand and said, do, you know, open 30 minutes. But you know you're great when you can smoke on television. That's a sign. That is the biggest sign that I can do whatever the fuck I want. Or when you finish your set and you say, good night. When the show just started, he said, good night, drop the mic. And he's like, walked off? Yeah, basically he just said good night and the show had just started. He basically said, know why you guys are here for. Good for him. So I get that. Comedy geeks out there you might be interested on YouTube. There's a video of

Starting point is 00:10:07 me from 1978 being introduced onto the stage on the comic strip in Manhattan by Jerry Seinfeld. Bam! Young Seinfeld! Who knew he would go on, two guys would go on to be legends of their own genres, right? So real quick. So real real quick so Johnny and I have just spent a thousand dollars that a thousand dollars on who will be sworn in as president this inauguration Johnny believes that the the lizard people are going to win a Democrat yeah well oh okay I'll give you that. He believes a Democrat will. I thoroughly believe.

Starting point is 00:10:48 Does that mean you guys think he'll die in the next couple months? It's possible? Yeah, that's why I want, it's like bet insurance, it's like life insurance on his life. Yeah, I mean, they would love Camilla Harris in there. That's what they want want. That's that's that's that's that's that's that's. that's that's. th. th. th. th. th. th. th. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. that's that's thi. that's thi. thi. Do that means means means means that means that means. Do that means. Do that means. Do. Do. Does. Does. Does. Does. Does. Does. Does. Does. Does. Does. Does. Does. Does. Does. Does. Does. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. Do. that mean mean mean, that mean mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, that mean, does that mean, does that mean, does that mean, all being done to cause civil war and that Trump will in fact be sworn in. Who, if you had to go with a bet, which side of the bet would you be picking right now? I think Trump has a better than even chance of continuing and serving a second term as president. What's interesting is that there's a video out there by Van Jones, who you may know from CNN

Starting point is 00:11:27 and other media locations. He did a very interesting video. Apparently, this is constitutionally accurate. If the president does not concede, if he loses the popular vote, and he loses the electoral college vote, but yet does not concede, then the vote goes to the House of Representatives, and the way it's set up is that each state gets one vote.

Starting point is 00:11:47 So Trump being Trump, he could just sit there and not concede and force a House vote, and that would give him the presidency and give him a second term. It sounds crazy, but there's apparently a loophole in the Constitution. We saw this in America in the early 1800s. It was the last time this was used th th th th th th th th th th th th th th th th th th th th th th th th th th was used thus was used thus was used thus was used thus was used thus was used thus was used thus was used thus thus thus was used thus thus thusususususususususus thus thususus the the the the. the. the. the. th. th. th. th. th. th. th. th.hole in the Constitution. We saw this in America in the early 1800s. It was the last time this was used for the presidency. So I'm thinking, you know, Trump is a New Yorker from the 70s and 80s.

Starting point is 00:12:13 I'm kind of like a New Yorker from the 70s and 80s. And you know, the prevailing philosophy of that type of individual would be, fuck me, no, fuck you. It's all about, you know, fuck you. And that's Trump, and if he can do this and exploit what is in the Constitution, I believe he will. And I think there's a better than even chance Trump will serve a second term.

Starting point is 00:12:39 That is unbelievable. And I would never believe that except for in the year 2020. Then I would say, oh, th, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, th, th, th, th, th, th, th, tho, tho, tho, tho, tho, tho, tho, tho, tho, tho, thi, that, that, that, that, that, that, that, that, that, that, that, that, that, that, you, you, you, you, you, you, you, you, that, that, that, that, that, that, that, that, that, that, that's that's th. F. F. th. th. th. thi. thi. thi. thi. thi, thi. thi, thi, thi, that's that's that's all all all all that's all that's all that's all all tho. that's all all that's all that's all all that's all tho. that's all that's all thi never believe that except for in the year 2020. Then I would say, oh yeah, all cards on the table. This is totally possible and if you want maximum chaos, if you're the lizard people and you want maximum chaos, there is nothing more than Trump going, fuck you, I'm not moving out, go to the states and him just winning these, I mean like, dude, he took a to''''''''''''''''''''''''''''''''''''''''''e, tode, tode, tode, today, today, today, tha, tha, tha, tha, tha, tha, th'e, tha'e, th'e, th'e, thi, thi'e, thi'e, thi'e, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, th........ th. th. th. th. th. th. th. th. th. that, that, that's, that's, that's, that's, that's, that's, that's, that's, that's that's that's that's that's that's that's that's that's that's that's that's that's that's thee, thee, thee, not moving out, go to the states and him just winning these, I mean like, dude, he took a ton of seats, man. He took a ton of seats, man. It was very close.

Starting point is 00:13:13 Remember in 2000, they had the Al Gore and the hanging chads, right? That went on for 36 days after the election, they still didn't have a decision. So we're well, early into this. The next major critical day would be December 14th when the electoral college meets in Washington, D.C. and they cast their votes formally. So far, no state has certified the results. So no state has gone forward.

Starting point is 00:13:37 The use of the term president-elect is actually a misnomer. The Biden can't really use that term because we haven't had the electoral college vote yet, so that's he's wrong to even say that. And so December 14th, that's, you know, a month away. So we got, I think, four weeks. We don't have any, any resolution in four weeks for sure. Hey, but George is recounting the votes. the votes, really showing electro fraud. I mean, voter fraud, it's just recounting the votes. Are they going to toss those out?

Starting point is 00:14:06 Yeah, recounts have never changed the results by much. Yeah, just a few hundred here or there. Well, I mean, except for this insane election where 140,000 show up after four-y- wait? Sam, were you listening for a second? Why would you expect the people who are to to to to to to to to to expect, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to, to the the the the the the the the the their, their, their, their, their, their, their, their, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results, the results.... the results. the to, the the the to, to, to, to to too, too, too, too, too, too, too, too, the too, the the the the tooanan, the the the the the the the recount to come up with a different result if they're crooked then what they did the first time. The recount would be done a different way. But are they taking people's fucking ballots that are dead? Are they doing anything else or just doing a recap? There's some of that too. Yeah I think they take some of those what do they call them? Cured ballots where they've they had some problems and they're are are are are are are are are are are are are are are are are are are their their they're their they're they're their they're they're they're they're their their. they're they're they're they're. they're. they're. they're. they're. they're they're their. they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're their. their. their. their. their. their. their. their. their. taken. taken. took. took. took. took. took. took. took. took. took. took. their. their. they're they're they're their. they're they had some problems and they carried to kind of get him sorted out. But that's gonna favor the

Starting point is 00:14:45 Democrats because a lot of those are mail-in-bounds. Washington DC is just all lawyers. It's wall-to-wall lawyers, right? So you're gonna see just more legal actions. It's all gonna be tied up in the court. It'll definitely go to the Supreme Court and yet's going to do as president. That's a violation of it's called the Logan Act, apparently. So that's a lawsuit right there. Then you've got the Durham report where they're supposed to issue subpoenas for Hillary Clinton and others pertaining to the soft coup of 2016 going forward. That's still the comes.

Starting point is 00:15:17 We could see these guys get subpoenas. Biden could technically, potentially, or Hillary or somebody in that camp could get a subpoena in the next week or so, and then that would all add another law. More chaos! I'm all for us. And Sam. You know, I sent you this story, and I just think this is fascinating for all the people that are trying to give Trump a lot was in August. This was Hillary Clinton talking about Joe Biden. She said, and this is a quote, Joe Biden should not concede under any circumstances because I think this is going to drag out

Starting point is 00:15:51 and eventually I do believe he will win if we don't give an inch and if we are as focused and relentless as the other side. Now, this is back when she thought it was going to be a tieieie course and she was totally fine with Joe Biden hanging on by his nails. Well that was the whole thing even Nancy Pelosi said that that he will never concede because there's also a weird rule if we over a president by this day the Speaker the House takes over and they're voting her out right now as it speaks based on the results that happen so I'm all for it the more chaos the more people love this show.

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Starting point is 00:20:00 my research is saying this and then they never have solutions. Even though I love them as researchers. One whole thing is that the Fed under Trump has spent even more money than before, and it's exploded even more. What are your thoughts on that? Because that directly relates into what is going on with Bitcoin? And then I want to ask you about the Chinese monetary unit taking a giant shit during election day. So what is your thoughts on basically what's going on with the Fed? Right, so, you know, I've worked on Wall Street for many years and I've been involved in Wall Street for 35 years and going back to the 1980s.

Starting point is 00:20:43 We're going back to the night the we're going back to the crash of 1987, we had the beginning of what we call the activist fed. The Federal Reserve Bank steps in and they buy stocks to make sure that the stocks don't go down. And that happened after the crash of 87. And this became known as the Greenspan put, and that's just a term that refers to the fact that every time stocks go down 5% or 6% the Federal Reserve Bank and others step in for on behalf of those who are running on Wall Street. They buy stocks to keep those their

Starting point is 00:21:12 friends sweet. Yeah. So this has been going on since the late 1980s and as a result all these policies including the feds plunge protection team as it's or a quantitative easing which is the fed the fed the fed the fed is is is the fed is the fed is the fed is the fed. the fed. the fed. the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the the their their their their their their their their their. their. their. their. their. their. their. their. their. their. their. the the the the the the their. th of of. th of. th of. th. th. th. the is. the is. the is. the is. the's. the. the. the. the. the. the. the is. the is. their their. the, including the Fed's plunge protection team, as it's called, or a quantitative easing, which is the Fed buying all the junk bonds from all these busted companies. You know, banks have assets on their books, they have debt on their books that aren't worth maybe even two cents on the dollar. The Fed buys them at a hundred cents on the dollar and sops them for a cash at a hundred.10 on the dollar. And they do this on a rolling basis so that these banks don't have to formally declare insolvency, even though they are technically insolvent. So as a result, that Fed balance sheet now

Starting point is 00:21:51 is swell to many, many trillions of dollars. And that means that the Fed is incredibly levered, because the assets that they say that they have aren't aren't aren't aren't aren't aren't aren't aren't that they say that they have aren't really worth even two cents on the dollar. So if interest rates were to go up even slightly, then the Fed has to declare a bankruptcy. And so do every central bank in the world. So to avoid that, they keep buying all these bad assets, these toxic assets, and increasing that bubble of debt,

Starting point is 00:22:20 ever increasing to ever higher levels. And as a result, it creates that wealth and income gap, because unless you are playing this game, you are seeing the value of your job and your savings deteriorate. And that causes social unrest, and it causes chaos. And so now we're at an interesting juncture where either we go to a more normalized situation in the central bank where they are not

Starting point is 00:22:45 bailing out bankers all the time or we're going to have an explosion on the street, what I call the global insurrection against banker occupation and we see that all over the world. People are on the street protesting for this very thing. So to answer your question, the Fed just bought more assets on its books in the last couple of months than they have in 20 years. The, the, the, the trend is going exponential. The, that means that in order to keep up with this, the central bank, the treasury has to keep printing by the trillions of dollars. It's print, print, print, print, print, print, print, print. So what's happening on Wall Street is a lot of smart guys who run hedge funds and all the rest of it are saying, look, this is going to kill

Starting point is 00:23:29 the dollar. It's going to kill the US dollar. So they're protecting themselves by buying two things. Gold, which is now hitting new all-time highs against every currency in the world, including the US dollar recently. And they're also th, th, thi thi thi thi thi thi thi thi thi thi thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, th is th is th is th is th is th is th is th is th is th is th is th, th is th is th is th is th is th is th is th is thi, thi, thi, thi, thi, thi, thi, thi, thi. thi. thri. thri's is thiiiiii. thiiiiiiii. thiiiiii. thi's is thi. thi. th're also buying Bitcoin. And what a lot of these guys are saying is that actually when you compare gold to Bitcoin, we think that for every dollar, the gold goes up, Bitcoin's going to go up 30 or $40. It's the fastest source in the race, says Paul Tudor Jones, who's a very famous hedge fund guy, it's been around for decades. So that's what, that's the dynamic. The Fed has has trapped itself in a box where they've created this enormous Ponzi scheme that there's no way out. They're going to have to keep printing and inflating this debt and the

Starting point is 00:24:15 professional money managers are saying, look we see what you're doing and we're going to we're going to basically go to war with you. And one one example of this is amazing. There's a company called MicroStratrategy run by Michael Saylor. And they had approximately $500 billion of cash on their books, and they were trying to figure out what to do with it. And they had two choices, either buy back their own stock and make their earnings look better or buy Bitcoin. And this is the first major company in America listed company that said, you know thuuuuuuuuuuu th, th, th, th, th, th, and th, th, th, and tho, and tho, and thi, thi, thi, thi, and thi, thi, thi, thi, thi, thi, thi, thi thi, thi, thi, tho, tho, tho, thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi thi, and thi, and thi, and thi, and thi, thi, thi, thi, thi, thi, thi thi thi thi thi thi thi thi thi the the the the an the an the an the an the an the an the an thean, the an the an thean, the an the an the an the major company in America listed companies that said, you know what, we don't believe the Fed. We think the Fed is going to kill everything. The Fed is a rogue element in this economy, and we're not going to buy back our own stock because ultimately that's no protection against an American economy that's about to crash

Starting point is 00:25:00 miserably worse than 2008. So they bought Bitcoin. They are now taking an adversarial position with than 2008. So they bought Bitcoin. They are now taking an adversarial position with the Fed. Now there's something like seven trillion dollars of cash sitting on corporate balance sheets. If all these companies start to come up with the same conclusion and say, you know what, we don't believe the Fed, where instead we're going to buy Bitcoin, that means the Fed is going to have to declare bankruptcy as well, because there's nobody participating in the Ponzi scheme anymore. Eventually, the Bernie Madoff had to got caught in the Ponzi scheme

Starting point is 00:25:29 and it all blew up. The Fed is leveraged probably 30 times more than Bernie Madoff was ever leveraged. And Bernie Madoff only went to jail, my opinion, because he, he did it to rich people. If he would rent that stuff on poor people, he would have got got got got got got got got got got got got got the the the the the the the the the the the the the the the the to to to the to to to to to the to to to to to to to to to to to to to to to got got got got got got got caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught caught got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got got the the the the the the the the the the the the the the the the the the the the the the the the to the to to to to to to to to to to to to to to to to to to to to to to to to to to to to to to the. the. to rich people. If he would rent that stuff on poor people he would have got a slap on the wrist and apologize, pay to fine, moved down in his life. The fact that he jacked cash, you know when you had John Stewart who I loved on the Daily show, you know almost crying because his parents, uh, money got, you know, their savings got zapped. I'm like, you know, everybody knew something was up because this guy was giving returns when everybody else was like not even close or even shit in the bed, you know, he was like, oh, here's your money, here's your money, here's your money, and it only got caught because the whole, the whole economy had collapsed. If not, would have kept going, he would have been stealing from Peter the pay Paul. And th and it and th and th and th and th and th, and th, and th, and th, and th, and th, and he, and he, and he th, and he th, and he th, and he th, and he th, th, th, th, th, th, th. And he th. th. th. And he th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. the the the the the the the th. the th. the thi. He, the the thee. He's the the the they. He's the the they. He's the they. He's the thee. He was, the., he would have been stealing from Peter the pay Paul and that was how how went. And that's why

Starting point is 00:26:28 son mysteriously died. His accountant died at the bottom of his pool. I think it's a dude, he's only in jail because he broke the golden rule. What do you call it the global interaction on banker occupation? The global insurrection against banker occupation. So we're all living under occupation by the central bankers, you know, and this is the insurrection. It's a global insurrection. It's not just an American problem. It's a global problem.

Starting point is 00:26:54 And with Bernie Madoff, you know, what the key to his success was, he was able to give people a return of 1% a month every month for years. So he didn't, you didn't make make make make make make make make make make make make make make make make make make make make make make make make make make then make then make then then then, you didn't make then't make thi didn't make thi thi thi thi thi to make to make to make to to to to to to to to to to to to toe. toe. toe. toe. toe. toe. toe. toe. toe. to. to. to. to. to. to. I. I. I. I. I. I. to. I. to. to. to. to. to. to. to. to. to. to. to. the the the the the the the they. they. they. they. they. th. they. th. they. they. they. the toe. the toe. to. the toe. toe. toe. the they. to didn't make it go up too much higher or lower. It's just consistent. And it was a Ponzi scheme. You know, he's paying people returns from the new money coming in. And in 2008, during that crash, when people try to take money out, the Ponzi scheme was exposed. But if you're right in that because rich people were victimized, he went to jail.

Starting point is 00:27:25 But we have a Ponzi scheme going on every single day right now called the credit card industry. Let me ask you this, Sam, if interest rates in America are zero, and they came down from under Reagan, interest rates are at 17, 18 percent. Since Reagan, they've come down to zero. How come credit cards, interest rates have not moved at all? They're all supposed to move together. Credit cards, mortgage rates, loan rates, treasury bonds. It's one big interest rate complex.

Starting point is 00:27:52 So the answer is it's crooked. The credit card company's, your credit card rate, if it's tracking interest rate, shouldn't be 16, 17%, it should be 3.5%. But they get away with it because they are allowed, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the legal, the the toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, toe, tre, tre, their, tre, trueueue.e, their, trueue.e, tre.e, true.e.eck.eck.eck.eck.e, tre, tr%, 3.5%. But they get away with it because they are allowed the legal Ponzi scheme that rips the general public off. The Bernie Madoff Ponzi scheme, as you point out, because it victimized the wealthy, he had to go to jail. But we're all living with this credit car

Starting point is 00:28:18 Ponzi scheme. It's ripping us off. Or here's another Ponzi scheme. You've got trillions of dollars in pension money. What happens when the Fed takes interest rates down to zero? Well, effectively what that does is that everybody that's earning interest on a retirement account is getting not 5% a year, but closer to zero in deference to now the people on Wall Street that are able to borrow at 0% and invest in assets that have a guaranteed rate of return, as we saw in 2008 when before testimony, the the the takes takes takes takes takes takes takes takes the takes takes takes takes takes to to their to their to to to to to to to to to to to to toe toe to toe toe toe toe to to to to to to to to to to to to to to to to to to to to to to to to to to to to toe.. toe. toe. toe. toe. toe. toe. toe. toe. thiiiiiiia. their their their their their their their their their their their their the. the. the. the.e.e.euu. theu.ea. thea. thea. thea. thea. thea. thea. thea. the. to borrow at 0% and invest in assets that have a guaranteed rate of return. As we saw in 2008, when before testimony in Congress, Hank Paulson's hold the world about the money that was coming, we know now after the fact that he told Goldman Sachs two days before,

Starting point is 00:28:57 they put on these huge leverage bet, and they quadrupled their wealth in a week. Unbelievable. And nobody went to jail. Nobody went to jail. You literally broke the, I mean like, like if you can't trust your investment broker, banker, to give you the right information to help you make money, then the whole thing needs to be. Well, they also broke the economy. I mean, that people die from that, literally. I mean, people go into poverty and die. Just like, oh, yeah, invest in this.

Starting point is 00:29:31 And you're like, and they knew it was going to fail. How are they broke up? Eric Holder, who was the evidence of overwhelming criminality was there, he couldn't prosecute because they were systemically important. And he gave a get out of jail free card effectively. So what do you, if you're on Wall Street and the attorney general says, now what do you do whatever you want, we're not going to prosecute? Are you going to, A, stop committing fraud, or B, double down on your fraud?

Starting point is 00:30:06 I couldn't agree with all. So you have a bank like JPMorgan, who in the 2008 crash, they stole approximately $16 trillion, the JPMorgan, it's estimated they stole between $35 and $40 billion. Now in 2020, that number has been tripled. And they do it, and they get fined by the government every six months for breaking the law. And the law. And the law. And the law. And the law. And the the th. And the th. And the the th. And the th. And the th. I, I, I, I, I, I, I, I, I, I the the the their, I'm, I'm, I'm, I'm, I could their, I'm, I'm, I'm, I'm, I could, I could, I could, I could, I could, I could, I could, I could, I could they, I they, I I they, I I I they, I I I they, I I I their, I the the the the th. I, I, I, I, I, I, I, I, I, I, I, I, I, I th has been tripled. And they do it and they get fined by the government every six months for breaking the law and they pay the fine. The business model is we keep 90 cents of every dollar we steal. That's their business model. Ask Jamie Diamond. He'll tell you the exact same thing, but in much more eloquent language and in a way that most people miss. But the bottom line is, J, thi thi, thi, thi, thi, thi, thi, thi, we thi, we thi, we thi, we thi, we thi, we thi, we thi, we thi, we thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, and thi, and thi, and thi, and thi, and thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thirty thi, miss. But the bottom line is JPMorgan, Jamie Diamond, the business model is we keep 90 cents of every

Starting point is 00:30:49 dollar we steal as sanctioned by the U.S. government. I think if your last name is Diamond, you should only be allowed to work in. Those are the only two things you should be allowed to work in. So for you, you might not know. What we were talking about with this Goldman Sachs and what crashed the economy to understand it was, they set up a real estate portfolio that was meant to crash. They bought insurance on it and then had all their investors, people went to them with their money, invest in this

Starting point is 00:31:27 real estate portfolio, and then it crashed. And all their investors lost all their money, but they made a shit ton on insurance. But you're missing one part of the story there, Sam. Not only did they knowingly sell their customer shit that they knew would go down and bankrupt them. While that shit storm was hitting, they, they, they, they, they, they they they they they they they their, their their their their their their their their their their their their their their their their their th, th. It, th. It's thi, thi, th. It's th. It's th. It's this, this, this, this, this, this, this, this real, this, this this this this this, this, their, their, their, th, th, th, th, th, th, th, th, th, th. And th. It th. It th. It's th. It's thi. It's thi. It's thi. It's thi. It's too. It's too. Wea. Wea' tooe. Wea' the. Wea' thi. We're thi. It's thi. It's thi. It's thi. Not only did they knowingly sell their customer shit that they knew would go down and bankrupt them, while that shit storm was hitting, they took an additional number of bets against their own customers. Oh wow.

Starting point is 00:31:54 And banking that and made money on their customers losing. I just don't even understand as a billionaire fucking businessman how you don't demand prosecution? At the highest levels. I mean, I just don't get it. If you- I think that's why what we're seeing in this election, the people on the Democratic side, Joe Biden, Hillary Clinton, Barrack Obama, Eric Holder,

Starting point is 00:32:19 that's the same group that brought us a 2008 crash. And they want to be, commit the same crimes again with impunityity., their, their, their, their, thuuu, thu, thu, thuiii, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, th, th, th, th, th, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi thiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii, thi, thi, their, that brought us a 2008 crash. And they want to commit the same crimes again with impunity. They know if they got Biden in there. They're going to be free to exercise the Eric Holder doctrine, steal with impunity, and demand bailouts, which end up hurting the economy in huge ways. And that's why this Biden thing is very dangerous in my opinion. I, my first choice was Tulsa Gabbard. My second choice was Andrew Yang. Okay, they, you know, Bernie Sanders talked about voting manipulation.

Starting point is 00:32:54 He was completely manipulated out of the 2016 race by Hillary. He was manipulated out of the Democratic nomination for 2020. I would posit that so were the other folks in that cast that were running for president. They settled on Biden because Biden is the favorite candidate of the same people that brought you the crash of 2008 to do the crash of 2021 to make another quadrupling of their net worth. Could agree Mar- the person I want is the either north or South Dakota governor. I drink that chick's bath water. That's how amazing. No thing that goes without that that that that that that that that that that that that th. It that that th. It th. It's th. It's th. It's th. It's th. It's th. th. th. tho tho tho tho tho tho tho tho that that. that. that. tho tho tho-a th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. the the the the the the the the the the the the the the the the the the thi thi thi thi thi that that that that that. that. that. that that that that that that that that that that that that that that that. I drink that chick's bathwater. That's how amazing. No thing that goes without saying. Yeah I mean she, no have you seen the South, is it South Dakota? Johnny the one that's always on the news

Starting point is 00:33:34 and just as a smoke show and I think she could do it. I think she could be the one that breaks into the presidency. I think Tulsi Gabar is gonna get kneecapped when they start talking talk th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th thi thi thi thi thi thi thi that goes that goes goes goes thi that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that goes that that th th th th th th th th th th th th out th out th out tho to to to to to to to to to to to to to to to to to to to to to to to thi thi thi thi thi thi thi thi thi thi tho thi the one that breaks into the presidency. I think Tulsa Gabar is going to get knee-capped when they start talking CFR with her and stuff like that. Sheldon Anders Elderson, she has a lot of connections to that. That's when you start getting into weird. But I don't know at this moment, this chick. Christine No ma'amette? The brun? Yeah. I, dude, and she went on MSNBC or CNN and lit that dude up. Yeah, yeah, I would vote for her in a heartbeat. And she's even hotter than those pictures. Does she have crazy eyes though? It's fine.

Starting point is 00:34:16 Crazy eyes are okay. Yeah, crazy eyes are okay. I've been with a lot of women in bed, those eyes can let me know, I'm in for a good time. Okay? So let's just let it roll. Really good time. So I want to get into your take on what is, and I, because I, I'm really excited to talk about Bitcoin. What is your take on what, what, what Donald Trump represents? See, I see it as, you could see them as two, two wings of the same bird. It's easily Black Pill-Cool Guy will tell you that.

Starting point is 00:34:48 They're the same, they're two wings of the same bird. Definitely possible. I don't think anyone gets into that seat, clean, for sure. I mean, you know, I see him as Godzilla. And these other people are the three-headed, fucking, a monster that they always end up fighting. What is your take on Donald Trump? Well, clearly in 2016 election, it was immediately followed by an attempt of a coup. And I don't think that's too strong a word.

Starting point is 00:35:17 I don't think that's being glib. I think it was an attempted coup by the Hillary folks, who did everything they possibly could, to try to de to de to de to de to de to de to de legitimimize to de legitimimize to de legitimimize to de legitimimize to de legitimimize to de legitimize the legitimize the legitimize the the the the the coup by the Hillary folks, who did everything they possibly could to try to delegitimate that election, delegitimize it. And they broke lots of laws, and they went down the Mueller report investigation, what we now called the Russia Gate hoax, which was a completely fabricated story. And so they put Trump in a very, you know, in a defensive place, andthey tied him up in a way that we know was a complete nonsense. The impeachment was nonsense. Russia gate hoax was nonsense. So imagine dealing with that every single day. I think anybody else in that

Starting point is 00:35:55 position would have folded at some point along the way because Trump is Trump, you know, he was able to withstand that the slings and arrows of that coup. And I th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th th. th. thi thi. thi. thi. thi. the they. they. their their their their their their their their their their their their their their their their their their their their. their. their their. their. their. their. their. their. their. their. their their, their, they. they. they. they. th. th. th. the. t. t. t. te. tea. tr-a. tr-a. tr-a. tr-a. tr-a. tr. tr. tea. they. they. to withstand that the the slings and arrows of that coup. And I think this current election in 2020 is an extension of that coup. I believe that this is still the forces of the folks I just described, the Eric Holders and the Clintons and the Obama's who are in bed with the Jamie Diamonds and the Goldman Sachs and they want they don't want any accountability whatsoever. So having said that I the the the the the the the the the the the the the the the the the the the the the the the the the the the the the tracckckckckckckckckckckckckckckreckreckreckreckreckreckreckreckreckreckreckreckreckreck. trac. trac. that trac. trac. tri. teck. te. te. te. te. te. t. t. t. t. t. t. t. t. t. t. that t. that t. that that t. te. t. that. te. te. that. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te. te whatsoever. So having said that, I think that his, the track record is not bad. You know, the employment rate and black went up substantially,

Starting point is 00:36:34 highest in history, Hispanics. He got huge votes from the gay community. He got huge votes across the board, except for white guys. And why? Because they, and over 50% of the board, except for white guys. And why? Because they, and over 50% of the country, when polled before the election said that they are better off today than they were four years ago, even during the pandemic. Right? So he's done, he's done, I think you have to say he's done a good job, you know, considering everything being considered. Number two, I, youtwo, I remember for years,

Starting point is 00:37:09 people say, you know, big actors or celebrities and they say, you know, I'm gonna run for president someday. I can do a better job than this guy, right? Donald Trump is one of those guys that fucking did it. He stepped up to the plate and said, you know what, I'm gonna run because I actually think as a civil servant, here's the Constitution, I follow the manual, I think I can bring something to the table and get rid of the Washington establishment and do something good. So when I talk about, you know, like Alec Baldwin who I've known for 30 years, he would always say I'm running for president

Starting point is 00:37:50 I'm running for governor, I'm running for mayor, you know, but he all chickens out. Trump, you know, tru-o'c-chickin out. Trump, you know, Trump. You know, that's the thing. He's got the, anyway, that's why I thought about it. I mean, I think that he's a unique character. I think given all the attempts, the coup that we talked about, he withstood it. And I think, as I said, he's got a better than 50% chance of heading into that second administration. He picked up th picked up the the the he picked up the the he picked up th picked up th picked up the Senate thup picked up thup picked up the up theupupup. thipicpick. thea. thi. thi. thi. thi. thi. thi. thi. that's thi. that's that's that's that's that's that's that's that's that's. that's. that's. that's. that's. that's. that's. that's. that's is is. that's is. that's is. that's is. that's is. that's. that's. that's. that's. that's. that's. that's. that's. that's. thi. thi. that's that's thi. thi. thi. that's theeanananananananananananananananananananananananananananananananananananananananananananananeteenenenea. that's that's that's that second administration. He picked up seats in the Senate. He picked up seats in the House. He picked up legislatures across America. Republicans had a fantastic election this past election because ultimately the Democrats wasted four years

Starting point is 00:38:33 on the Russia gate hoax. Look, remember that whole thing for four years. Russia this, that. It all proved to be nonsense, non-existent bullshit. Maybe they should have just spent time coming up with policies and not rigging their nomination process and putting somebody like a Tulsa Gabbard or Bernie forward and that would have been an actual election. But instead, they're focusing on how do we undermine American values, how do we fuck up the economy? How do we put this zombie,

Starting point is 00:39:00 senile old crotchety bitch in the White House so that we can go back to Wall Street and rape and pillage this country like we did in 2008. You know 2008 was the biggest loss of wealth for black America since slave days because of Barack Obama and Eric Holder who allowed banks on Wall Street to to illegally flood areas in New Orleans and elsewhere with loans that were illegally written. And then as a result, they lost all their homes now. Warren Buffett. With everything-

Starting point is 00:39:36 Black Rock in New York, a money matchman firm is the biggest realtor in America. They got, they stole all those homes from who? Black people in America, that's who got their homes stolen. It's travesty. With everything that was against Trump, I mean the virus obviously, but also, I mean, just the general unrest in society, if they had run just a halfway decent campaign dude and a candidate that people, you know, actually was responsive to people, what people were talking about right now. The Democrats, I mean, they really buried themselves here.

Starting point is 00:40:09 Like the defund the police thing. I mean, that was such comically. That's just Marxism. It's so comically bad. You know, they had people. Tulsa Gabbar was like, she energized people. Yeah. Bernie Sanders. Well, Bernie Sanders. ths. th says, here, here, here, here, here, here, ths, ths, ths, th. th. th. th. th. th. th. th. th. th. th. That, th. That's, th. That's, th. That's, th. That's, th. That's, th. That's, th. That's, th. That's, th. That's, th. That's, th. That's, th. That's, they's, they's, they, they, they, they, they, they, they, they, they, they, they, they, they, the. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. T. I, the. I, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're, they're,. Well, Bernie Sanders, here's the thing, dude.

Starting point is 00:40:27 The thing I can say about the Republican Party because I am not a Republican in any way, and people call me that, oh, you're a Trump Tart. I'm not. I said the exact same thing for Bernie Sanders, when Hillary Clinton kaptem, okay? I saw it happen in real time. Here's th, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, th, th, I th, I thi, I thi, I thi, I thi, I thi, I tho, I tho, I tho, tho, I thi, thi, tho, tho, tho, tho, thi, thi, thi, thi, thi, th. th. th. th, th, th, th, th, th, th, th, th, th, th. th. th. th. th. th. th. th. th. th. thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi, say. And then we're gonna, I wanna talk some Bitcoin is, I wanna say this, is that,

Starting point is 00:40:50 we are, the thing that the Republican Party did better than the Democrats, I will say, is they woke up and realized that they were starting to associate with a group of people that was from a different time, and that modern America did enjoy. And that was the extreme religious right, which ultimately, conservatives today, I say it all the time, it's like, don't tax me, don't take my guns, and hey, who wants to swing with my wife?

Starting point is 00:41:21 That's every red state I go to. Every red state is like that. They're just laid back people. You know? That's all they are. But dude, they got rid of the religious right and they got, honestly, got rid of the Bush era, fucking neocons out of there. You know, we're already seeing all these neocons from George Bush's era. That's right. Hey, I'll work with, I'll work with Biden. They got rid of them. The DNC won't do it.

Starting point is 00:41:49 What's it called? The Lincoln? The Lincoln project. Those guys were all the guys that got us into Iraq. Why would we ever listen to anything they have to say ever again? Yeah. That's right. And the DNC isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't isn't the the the the the the the the the the they's the the they's the the the they're theen the they're thinkenc I'm they're thianc, they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. they're. thii. I Ianc. Ianc. Ia. theanc. theanc. thoooo' th th th th the the th the th the th their th their th th their they're they're their. I't doing that. They're trying to keep that Bush clan in there. And the Bush clan at power since Reagan's first day, all the way to a Brock Obama's last day. And when Trump came in, I'm not saying he walks on water, he's just a different crime family.

Starting point is 00:42:16 And whatever they are, man, it's my bosses versus Saturn worship. I'm not going to go too much, I don't know where Max is cool with, I don't wanna say too many crazy things to make Max uncomfortable, but I will just say this, that we are looking at a different group in there, and they are fighting over the purse strings, okay? Now Max just said Blackstone, and we know that they're now running the Fed, so that makes me a little nervous that they are involved in that house jacking. But you know it's like, and then we'll get into Bitcoin. You know, USC, the football program, right? They got rid of the athletic director.

Starting point is 00:42:57 And what the athletic director? This guy came in and just started hiring all the same people that they did before. So it's like you go the the the the the the the the the the th, th, th, th, th, th, th, th, th, and th, and th. th. th. th. th. th. th. I, and th. I, th. I, and th. th. thi, threat. I, and th. th. th. th. th. thi, and thi, and thi, and thi, and th. I, and th. I, and th. And, and th. And, and, and, and, and, and, and, and, and, th. And, th. And, th. And, th. And, th. And, th. And, th. And, th. And, th. And, th. And, th. And, th. And, th. And, thin, thin, th. And, that that, they. And, they. And, they's, they. And, that, they. And, that, that, that, that, that, that, the same people that they did before. So it's like you go into this swamp, you're surrounded by swamp people. But you gotta get people who can actually do the job and these positions within the government, there's only so many people that can do it. So he's playing whack-a-mole on everything. And that's kind of why things going on. I make no illusions of that Trump walks on water at all. All right, okay, so, you mentioned China earlier.

Starting point is 00:43:28 Let's talk a little about China and what happened on election night. So it looks like Trump was going to win the Chinese R&B, their currency was crashing. When the tables returned, their currency went up. And so that was a real-time indication of how the geopolitics is going to play out. Because China right now is ahead of us with 5G technology and 56G technology. Telecommunications are just blazingly better than what we have in the US. Huawei technology is leaps and bounds ahead of anything we have in the US. There are artificial intelligence technology leaps and bounds ahead of anything else. They're trying to take a company called Ant Group Public for the biggest initial public offering history

Starting point is 00:44:08 for hundreds of billions of dollars. It's gonna dominate global banking in a huge way. So China is, Trump accurately said that we need to put China in check. And we need to try to catch up to them. Otherwise, we're gonna be in the second world, and China's gonna be in the first world. And when it looked like Biden was gonna win, and then you saw that the Chinese currency

Starting point is 00:44:33 started to move up aggressively because it was like America under Biden. The Chinese are saying, and the traders on Wall Street, professional traders are indicating, would be accommodating, the a accommoding, the a accommoding, tha, tha, tha, tha, tha, tha indicating would be accommodating to China's aspirations and basically throw them the keys to America. Remember it was under the Clinton when the World Trade Organization was opened up to China and they still treat China as if they are developing country and that the tariffs are still in place

Starting point is 00:44:59 and that they count out of China left-right center because there is a group of elite folks in America that are profiting heavily from that they cout out of China left-right center because there is a group of elite folks in America that are profiting heavily from that relationship with China. Even though it's undermining America's workforce and factories and workers horribly, and Trump was right to point this out and his policies were correct in trying to level the playing field. That's a huge piece of this.

Starting point is 00:45:20 If Biden comes in, not only will Wall Street get a multi-oen dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar to to to to to to to to to to to the toe their f th. th. the. the. thus. thus. thus. thus. theus. thus. I will. I will. thi. th. th. th. th. th. I th. I th. I th. I th. I th. I th. I th. I th. I th. I th. I th. I th. I th. I I th. I I th. I th. I I th. I they they they they's. I. I. I is they they will. I will. I will. I will. That's. That's. That's. I will they they they they they they'll they they're they're th. they th. th. th. th. th. th. th. th. th. they're they're they're bonus, but the China's going to, what's called the Thucydides trap, this is when one empire is declining and a new empire rises. Remember a hundred years ago, America was the new kid in town. They became the empire over the British Empire and now it looks like we're giving way to the China, the China's going tothe 21st century. If Biden's there in the White House, you know, forget it, we're gonna be a second-tier status without a question, just based on all the current trends in place right now. No, hey dude, I'm watching it happen real time. You know, I don't know why it took Trump being in office to find out that China can send goods to us, no tariffs.

Starting point is 00:46:05 We send any goods to China totally tariff, which is set up to incentivize companies to move there. Exactly. Exactly right. And that's all set up under Obama and Clinton and the Democrats and Joe Biden. They are the ones who gave us that situation. And they want to get back in power and it'll just double down on that situation. You know, Trump was right to call it out.

Starting point is 00:46:29 And look, I mean, he's try to do a lot of great stuff. And but that whole fake Russia gate stuff and the coup and all that, the mainstream media being up his ass, 24 hours a day, and break, you know, it takes a toll. Imagine sitting in the White House for four years, and every morning you wake up and see every single mainstream outlet calling you a cunt, right? I mean, that's got to take its toll after a while, right? Now, now my question is this. How Max do you believe that the message from the mainstream media gets out when nobody's watching the mainstream media now? It's like like thiiiiiii, th, th, th, th, th, th, th, th, th, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, th, th, th, th, and th, and th, and th, and thi, and thi, and thi, and thi, and thi, and thi, and thi, and thi, and thi, and thi, and thi, and thin, and thin, thin, thin, and thin, thin, and thin, thi's thi's thi's thi, thi, and thi media now. It's like their numbers are plummeting.

Starting point is 00:47:06 And like I said this before, man, if you're liberal, there should be a part of you that should thank Trump for being in office because he just killed Fox News. Fox News just did a suicide note called Arizona, then doubled down with a second. They sent a suicide email out after the suicide note. Ending the smoke show, the press secretary, cutting out in the middle of her speech. Like, how does this message get out? Neil Kavuto is not a bad guy.

Starting point is 00:47:40 You're in Los Angeles, maybe you can explain something to me from somebody else who lives in Los Angeles. Matt Trudge. For some mysterious reason, the last nine months, he flip-flopped. And instead of being kind of on the Trump side of things, he went way over on the other side of things. So what prompted that? And he is hugely influential. His numbers, by the way, he's th, th, th, th, th th th th thi is thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, to to to to to toe, toe, thi, thi, toe, toe, toe, toe, toe, toe, toe, too, too, too, too, too, thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thin. thin. thean. too. too too. too. too. too. toe. toe. toean. toe. toean. toean. He's down 50% in volume, but nevertheless, he still has a huge impact on the news business. Who got to him?

Starting point is 00:48:10 What happened with that? There was something that deal was made? And now we hear he's trying to raise money. He's trying to sell us the, Matt, the Druge report. Okay? So there was some quid pro quo going back with Matt Trudge that I think there's a story there yet to be told. As far as the other mainstream media, people still get the New York Times and the Washington Post and the Wall Street Journal delivered to their home every single day. The New York Times subscriber went up 400 percent or something astronomical number. And they, there's nothing but propaganda. There's not one scratch except in the sports pages. There's nothing the the th th the th th th th th th th th the th the th th the th th the the th the the th th the th the other the other the other the other the other the other thi the other thioe thiou news thi me the other thi, thia the mn. the mn. thia thia thia thia thia thia thia thia the other the other the other the other m. People the other m. the other m. the other m. the other m. the other m. the other m. the other m. the other m. the the the the the the the the the m. the m. the m. the m. the m. theanan. thean. thean. thean. thean. thean. thean. thean. thean. thean. thean. the one scratch, except in the sports pages. There's nothing on that newspaper that's not written by the Defense Department,

Starting point is 00:48:50 that's not written by Raytheon and other defense contractors, with the sole purpose of getting America into war. Trump didn't start any wars in four years, which I think you need to point that out. Once, as you point out, the neocons are back in, and the neolibraals are back in, within two or three months, we're going to have another war. We're going to start another war, of course we will.

Starting point is 00:49:13 And why, because war is the most profitable business you can ever be in. It's nothing more profitable than war. And that's what, and Bill, and Bill, before Trump got in was hated by the left. They called him bloody Bill. He was a neocon. We hated him. And then, for some reason, the left wing in America's last four years, I've hugging Bill Crystal. You're part of the resistance.

Starting point is 00:49:35 It's so weird. These were guys that were persona non grata. They were kicked out of American politics for their beliefs and drudge I think is kind of among them honestly I think he was more of a neocon who's been bad on foreign policy for a long time. Well you know it is surprised it is it is crazy right and it's just like I have good friends of mine who are actually involved in the adult industry posting pictures of George Bush posting pictures of John McCain in loving ways. Talking about how much they love, like, this is love, thank you. I'm like, what bizarre?

Starting point is 00:50:12 Then you had like Jim Gaffkin, who I think is one of the funniest guys ever, waxing poetic about Paul Ryan from Wisconsin. I'm like, dude, that guy was such a dumpster fire Rage against machine wouldn't even let him work out to his their music when he did PX 90s like what are we doing here? Dude I had a friend that's in the in the Navy he voted for Biden. I was like what the fuck you like to see your friends die? I was like the propaganda is thick. I couldn't believe it so here we go we're in Bitcoin. uh. the? the? the the the the the the th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. the. to to to to to to to to to to to to to to to to to to to the. the. the. the. the. the. thick. It's just thick. Couldn't believe it. So here we go. We're in Bitcoin. It got down to $4,500 at the beginning of this pandemic.

Starting point is 00:50:52 I wish I would have bought a ton of it right there. I do have, I think I have eight Bitcoin in my life right now. I shouldn't tell people that. Why? I mean, I feel like you're just like Floyd Mayweather, you know, just like. No, no, no, I mean I'm happy. I mean like I'm brought up my Bitcoin. I never spend it.

Starting point is 00:51:14 Steel his phone. Okay, what did you get it at? Eight? Eight is a nice position. Thank you. Eight Bitcoin is nice.. th. th. th. th. th. th. th. th. th. th. thi. th. th. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. I'm, I's, I's, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm, thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. thi. I'm, I'm,000 a piece. Okay, now everybody's gonna rob my house, but that's okay. No, but there's a way to secure your Bitcoin. Because the company that I'm an investor in called CASA, CASA, and they provide the best security in the industry. Just having your shit on Coinbase ain't it, though.

Starting point is 00:51:40 I mean, that's not- I'm gonna go to CASA and lock my shit up. Yeah, exactly. That's where you lock your shit up. Coinbase doesn't really offer security like CASA does. COSA is that you can buy Bitcoin on Coinbase, but then you gotta remove it immediately, your CASA multi-sig wallet for maximum security. That's the best.

Starting point is 00:51:58 And I just get that in the app. Is there there's an app? If you do a search, yeah, you do a search on the app store or you do, yeah, CASA, Bitcoin, it's the best security in the business. It's remarkable. So you can sleep at night. You're not going to get robbed because this is, they figured it all out. So that's the first thing. So the next thing for people who are buying Bitcoin for the first time also, I am also an investor in a company called Swan Bitcoin, where it's the easiest on-ramp in the world. You're immediately, you can buy 10 bucks worth of Bitcoin. As a matter of fact, if you go Swan Bitcoin. toxx, they'll give you $10 worth of Bitcoin for free.

Starting point is 00:52:44 So now you're ready to go. So if I go on Swan, those two companies. If I go on Swan by 20 bucks, should I instantly put it on CASA? It's CASA? C-A-S-A. Okay, I'm looking for it right now. I got five. C-A-S-A.

Starting point is 00:53:02 C-Casa. Sometimes it's easier it's easier it's easier it's easier it's easier it's easier it's easier it's easier to to the easier it's easier it's easier it's easier to find if you put in Kasa Bitcoin. Okay. All right, let's look this up. You find it? Yeah, I found it. But if I buy 20 bucks on their, should I instantly put it on there? Yeah, you can do.

Starting point is 00:53:20 And you know, it's recommended. You know, I mean, anytime you have any kind of wealth on there that's worth more than you're comfortable having on there like a 500,000 bucks you go you put it right into your CASA wallet for sure you know and so that's easy easy on ramp to get great prices at Swan better prices than Coinbase so you're getting a better price on Swan than you are getting on Coin base and coin base you know, you know, I'm investors in Swan and Casa because they're the Primo top of the line, state of the art companies in the Bitcoin space. But you can, you can buy on Coinbase, but they're, I would recommend it compared to either Swan then work with CASA. Those are the two, the two I can totally recommend. I love it. So why is why, th, th, why, why, why, why, why, why, why, why, why, why, why, why, I is, I is, I th, I th, I th, I th, I th, I th, I th, I thi, I thi, I, I, I, I, I, I, I, I, I, I'm, I'm, I'm, I'm, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I I I I I, I I, I I I I I I, I I I I I, I I, I, I I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I'm, I, I'm, I'm, I'm, I'm th, I'm th, I'm th, I'm th, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, thi, I'm thi, I'm thi swan, then work with CASA. Those are the two, the two I can totally recommend.

Starting point is 00:54:06 I love it. So why is, why did we see a giant surge in Bitcoin's prices? It went from about eight or nine? As you know, I've been involved in Bitcoin since 2011. So I've seen three 90% crashes. I saw it go from 30 to 3. I saw it go from 1,000 to just under 200. I saw it go from 20,000, back down to 4,000, which was the recent crash. And now we're going to make another huge move, and someday it'll make another big crash. It's just the nature of this asset, it is a volatile asset.

Starting point is 00:54:40 Because we got, the volatility is something we're willing to accept. Because when you trade, the tradeoffoffoffoffoffoffoffoffoffoffoffoffoffoffoffe off is, the the tholetole off, th. th. th. thiole, thiol- is, thiol- is, thi. thi. thi. thi. thi. thi. thi. to to to to, thi, it is, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it's, it is, it is, it is, it is, it is, it is, it is, it is, it is, it is, it is, it is, it is, it is, it is, it is, it's, it's, it's, it's, it's, it's, it's, it's toe because you when you trade the trade-off is What I'm getting for that volatility is something that is Unconfiscatable. It's immutable. You can't fuck around with it And it's it's now been confirmed by major money managers around the world that as this inflation hits the economy, it's going to go up faster than gold. So if you like gold because you think that the money printing has gone insane, well, for every, like I said, for every dollar,

Starting point is 00:55:11 gold goes up, you're gonna get $30,000, a to $40,000 appreciation of Bitcoin. It literally, even at $15,000,000 a coin, you literally still have a potential move into $1,000,000. Because at $4,500,000 a coin, the market cap of Bitcoin would be roughly equivalent to that of gold, which it should be, given the nature of the global money management industry, the money management industry in the world right now, that means all the money that is managed by brokers and fund managers, etc. It's about $100 trillion. That's how big that lump of money is.

Starting point is 00:55:47 Right now, less than 1% of that is in either gold or Bitcoin. So as the concerns about central banks going insane, mount and more and more people, and you hear this all the time from the biggest hedge funds in the world, they're moving into gold and Bitcoin, then Bitcoin to catch up to gold at $400,000 or so, the market cap would be roughly equivalent to gold. And we have every expectation to believe that Bitcoin's market cap will be equal, at least equal to gold. So that's a move, that's like a 40X move. I mean, you're going to make to make a thua make a thua make thua make thua make thua make thua make thua make thua make thua make thin thoom move, that's like a 40X move. I mean, you're gonna make a fucking killing even at 15,16,000.

Starting point is 00:56:28 I notice we're seeing some new coins, cryptos that track the price of Bitcoin, but they have more security features. What do you think of those? Are those pretty safe? No. They're not, okay. I mean, there's, Bitcoin was like a unique thunderbolt of the technological leap that has not been duplicated and will never be duplicated.

Starting point is 00:56:54 And everything that's come along since then. You have to think of it as a counterfeit or as fake gold, bullshit gold, bullshit product. And they are they all have security leaks in one form or another. None of them are as secure as Bitcoin. So the way to think about this is the Bitcoin network requires a lot of energy, right? to make it work. The amount of calculations per second and Bitcoin right now is a hundred quintillion a second. So to put that into perspective, there are approximately seven quintillion grains of sand on planet Earth. Bitcoin's running at a hundred 20 quintillion calculations per second. That's how fucking big this thing is.

Starting point is 00:57:37 And it's got 93, 95 percent of all the, of all this entire quote crypto industry is Bitcoin. Everything else is minuscule and insecure and is dying. And if you, once you get it off the path, the Bitcoin path, your chance of losing money goes up exponentially. Pretty much that's, that's the bottom line. You don't be sucked into, most people, this is the problem most people have. They look at Bitcoin and they say, oh, it's at $15,000. You know, this thing that says it's like Bitcoin is only a dollar. I want

Starting point is 00:58:16 to get the next Bitcoin. That's a classic mistake people make. It's, you know, it's, that's not the the way it works. You see th. That's th. That's th. That's th. That's th. That's th. That's th. That's thi. That's thi. That's thi. That's thi. That's thi. That's thi. thi. thi. thi. th. th. that's th. thi. thi. thi. thi. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. It's th. It's th. It's th. It's th. It's the is is th. It's is the. It's is the. It's the. It's thi. It's th. It's th. It's th. It's you know, it's, that's not the way it works. You see this all the time in the stock market. People buy penny stocks because they think it's cheap and then the penny stock goes to zero. Exactly the same thing. All these alt coins that they're called, they look cheap, but since they're bullshit, they go to zero. And you lose, if you lose, if you buy, if you buy, if you buy, if you buy, if you buy, if you buy, if you buy, if you buy, if you buy, if you buy, if you buy, if you buy something for 20 cents and it loses 20 cents, that's 100% loss. Yeah, yeah.

Starting point is 00:58:45 Bitcoin's at 16,000, and it goes to 15,000, you know, that's okay, I'm down a little bit, but it's heading a lot higher. You just gotta get over this idea that 15,000 is expensive. When you consider it against gold, it's still super cheap. When you consider it against $100 trillion dollars worth th,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, th, to, to, to, to,000,000,000,000,000,000,000, money that has to be invested somewhere, when you try to drive a 100 trillion dollar truck through a tunnel through a pipe that's only, you know, at 250 billion

Starting point is 00:59:14 thick, okay, something's got to give and that thing is price. The price is gonna just fucking gap, right? And as it gets higher, the media piles in and says, oh, it's not a new high, and then there's interest in it piles in. Oh, I got to buy some. So it becomes a self-fulfilling prophecy. It'll spike up to some ungodly level, and then it'll pull back again. But that's normal. When you have an asset that's gone from $1 when I first started buying it to, you know, $15,000, $16,000. It's going to be volatile. It's not just going to be like a straight line. So we're willing to accept the volatility because it's unconfiscatable and it's secure and it's censorship resistant. And you and I can do a transaction of Bitcoin outside

Starting point is 01:00:04 of the state and outside of any bank. So this is the first time in history that money has been created outside of the state. The state can't stop it. The state has got nothing to do with it. And you and I can do a transaction and nobody can stop us. Unlike the dollar, you know when people try to give Julian Assange money to help his defense fund, PayPal and the credit card company shut it down. They censored it. When countries around the world go against American foreign policy, the Swift system, which is the US dollar-based global transactional system, the US shuts it down, right? So if you want to avoid all that and be able to do transactions completely outside of any state, any government, any government, any government, any government, any government, any government, any government, any government, and, and, and, and, and to, and to to to to to to to stop, and to stop, and to stop, and to stop, and to stop, and to stop, and to stop, and to stop, and to stop, and to stop, and the the credit, and to stop to to to to to to to to to to to to to to to to to to to to to the the the the the the the the the the the the credit the credit the credit the credit the credit to stop the credit to stop the credit, to stop the credit, to stop the credit, the credit, and the credit, and the credit, and the credit, and the credit, the c-cu, the c-cu, the the the the, the.cooo, to stop to stop to to to to to to to to to to to to the the the the. the the to avoid all that and be able to do transactions completely outside of any state,

Starting point is 01:00:48 any government, any authorities, any regulators whatsoever, you can only do it with Bitcoin safely and in size and in volume. So the benefits you know, you can just keep stacking up. The more you dig into it, and the more you realize this is, you start getting nervous so you don't own enough Bitcoin. This guy, Michael Saylor and Micros strategy, he had half a billion in cash. You put $425 million in a Bitcoin three months ago.

Starting point is 01:01:16 He's already made $60 million. Oh my God. Whoa, when do you think they'll be done mining and when they are done mining? What's going to be the Bitcoin price or what do you think it's max? Well, the mining goes on for another 100 years, right? So every four years, the output of mining is cut in half. So the supply is always being reduced. The price, you know what I say is Bitcoin, the price of Bitcoin has no top because the value of Fiat money has no bottom. Look, these dollars, they don't have any value.

Starting point is 01:01:52 The only reason people use them is that if you don't use them, somebody will come into your house and shoot you, the federal government, right? People use them because, even though they're not scarce, you can print trillions of them all day long. And they have no, the value value value value value the value the value the value their their their their their their their their their their their their their their their their their their their their their their fv. their f. their f. their f. their f. their their f. their f. their f. their f. their f. their f. their f. their f. their f. their. their. their. their. their. their. their. their. their. their. their. their. I. I. I. I. I. I. I. I. I. I. I. I. I is. their. their. their. their. their. their. the. their. their. theauuu. theau. their. theaucoeck. their. their. their. their. their. their. the because even though they're not scarce, you can print trillions of them all day long and they have no they have no exchange value they have no store of value whatsoever. Every single paper money that's ever come into existence for the past 300 years has gone to zero. It's lost 99% of his value. This is literally shit.

Starting point is 01:02:21 This is shit. Whenever I find this shit in my house, and sometimes I find this shit around the house, I don't see the top roads. And I'm like, I can't believe I still have this shit in my house. Who just rubs money up? I gotta get rid of it. I've to sort of probably... Isn't that illegal? I think, well, Bitcoin doesn't respect any flag. Is Bitcoin mining? The only law of Bitcoin is the law of the protocol.

Starting point is 01:02:47 The law of Bitcoin, the code. That's the law. That doesn't respect any other law. It doesn't need to. It's its own law. This shit is so, so, so toxic. It feel like I feel vomit coming in. I feel vomit coming in my throat right now.

Starting point is 01:02:59 Just holding it. it and putting my next to my skin. Rip one, Sam. Rip one, Sam. I feel like a throwing o'er movement coming on. I feel a gigantic fart. I'm about to brewing in my bowels because of this toxic garbage, you know. At least $20,000 worth of Fiat money in my stage shows over the years. Oh, my God. And by the way, people pick these up from the floor and I sign, and I, and I, and I, and I, and I, and I, and I, and I, and I, and I, th, th, th, th, th, th, th, th, th, th, I, I, I, I, I, I, I th, I'm, I'm, I'm, I'm, I'm, I'm, I'm, I'm thi, I'm th, I'm th, I'm th, I'm th, I'm, I'm, I'm, I, I'm, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I th, I, I, I, I, I, I, I, I th, I, I, I, I, I, I, I, I, I, I th, b... th, b. th, brie, brie, brie, brie, brie, brie, brie, be, boo, be, be, be, be, be, be, be. th. th. th. th. they go on eBay and they get more than a dollar for them Geez, you are rainmaker is Is Bitcoin creating wealth? Is Bitcoin mining ever going to be within the means of the average person no again? No, I mean is it is it concern you at all that that many of these? Major? Uh major mining operations are in China?

Starting point is 01:03:45 They're not. There was a time when the Chinese miners are pretty dominant, but that's all geographically spread out. And Bitcoin obeys what's called game theory. So we see this now playing out on multiple different levels. And in the case of mining, we now have the epicenter of global mining concentration swinging to Texas. You know, because it's all about where you can get the cheapest energy. More than 90% of the cost of mining, Bitcoin is energy, the energy costs.

Starting point is 01:04:14 And you got to get energy less than 2 cents per kilowatt. Right now, Texas, because of some great deals that are being cut by miners. They really have almost 20% of global mining. Chinese mining is now down. And we see it still in Iceland where they've got geothermal energy for dirt cheap. You still have a big mining concentration. So that, if one area gets too concentrated, then the technology develops in another area.

Starting point is 01:04:40 The energy cost drop. So what's going to happen here is that different countries are going to realize that they need to strategically own Bitcoin because how their fiat money is going to zero. And incredibly what we're seeing in that is Iran. Iran right now is accepting for their imports, they're accepting Bitcoin and they are becoming a Bitcoin powerhouse. So what will happen is they'll be like a Sputnik-like moment. Remember Sputnik, they launched a satellite and America entered the space race.

Starting point is 01:05:09 Well, once it becomes clear, it was something like America or some other country, that wait a minute, if we just let Iran get a huge position of Bitcoin, they're gonna have, they're gonna be the wealthiest country in the world, and they'll have the hardest currency in the world. So either we are okay with that and we're letting Iran going to run the world, or we need to get into the Bitcoin mining space. We need to acquire Bitcoin. So you end up in a, what I call a hash war, the countries will subsidize mining to try to accumulate as much Bitcoin as fast as possible.

Starting point is 01:05:42 So what that does is it makes the network stronger work work work a network more secure, and makes the price go higher. So this like this mad dash for this absolutely scarce commodity called Bitcoin, which means when you have that kind of demand, the price goes up. The price, that's how you get to 400,500,000, $500,000 per Bitcoin or higher. Wow. So how high do you think it could get? Well, like I said before, the Fiat money is going to go to zero. All Fiat money goes to zero. It's like during Weymour Germany, at the beginning of their hyperinflation, the exchange rate would announce a goal to a high mark was roughly one to one. By the end of that hyperinflationary period,

Starting point is 01:06:26 it was a trillion to one. Do you think there would be another? We're entering hyperinflation. So, you know, it could be a million, it could be 10 million, it could be 50 million per Bitcoin. It's the function is that it's the matter of the fee out money itself going to zero. When this piece of shit, Greenback, toxic virus carrying shit, continues to go to zero, then, you know, you have this exponential rise up into hundreds of thousands, it just keeps going. You know, you just got to own it or you're going to be fucked over badly. You're going to be, you know,

Starting point is 01:07:00 if you don't own Bitcoin, you're fucked. Do you think there ever be another scandal like with Mount Gocks where 2 million just goes missing? Right, well, Mount Gox is an exchange. It happened in 2014. I had some coins on Mox myself that the, you know, went away. And it was early on in the industry and that exchange was not robust. It broke apart. The Bitcoin protocol itself at no time was at risk or had any problem at all.

Starting point is 01:07:29 That particular exchange was the only that had 80% or more of the business. It was the only exchange around and then they went bust. And now we've got hundreds of exchanges. We've got several that are world class and coin base, for example, is certainly not a Mount Gox. It's very robust. It's highly capitalized. It's, you know, it's a audited. It's got, you know, it's a different situation. Having said that, good practices mandate that you do not leave your coins on any exchange. Right? If you don't own your keys, you do not leave your coins on any exchange. Right? If you don't own your keys, you do not own your coins. So if you have your coins on an exchange,

Starting point is 01:08:13 how can I find my keys? Can I find? Where can I mean they're in your, he's just saying that Coinbase is actually providing you need your own wallet like on a security like on this website I guess. Yeah, Casa Yeah, but just get it off there because if coin base for some reason I can't imagine it But if it vanishes in a thin air then right it's not likely I mean like a mount box was they were trading in the fantasy gaming cards and then they They switched over to Bitcoin and you know they weren't it was too early. And it's like a pioneers, you know, the pioneers are the ones with the arrows in their back. You know, and the people who come after are like, you know, enjoying what the pioneers did, right?

Starting point is 01:08:51 So these are all pioneers and a lot of them died on the road. And a lot of them are millionaires, also. And billionaires, we sent me a story about the Fed. Or no, the IRS snagged a billion Bitcoin. A billion dollars. Billion dollars. You mean pocketed? Yeah, probably.

Starting point is 01:09:15 Yeah, no one's. A billion dollars worth of Bitcoin from Silk Road. What's your thoughts on that? Right. So Silk Road, of course, is another story from that same similar period, 2013. One of the earliest adopters of Bitcoin were Silk Road. They did a lot of drugs and guns, and the adult entertainment industry also used Bitcoin because they couldn't get other ways to handle payments. So the feds busted Silk Road. This wallet's been dormant for years and the guy who owns it who was involved the Silk Road finally made a transaction. The feds immediately moved in and they took him down

Starting point is 01:09:53 to the headquarters and they you know told them, look, give us your private key or you're going to be like spend the rest of your life in jail. So they got him to give up his private key. And now the feds have a billion dollars worth of Bitcoin. He did, he could have practiced better OPSEC, you know, operational security and probably had a slightly different or different outcome. But he'd been under, apparently, been under FBI surveillance this whole time. And, you know, it's funny because people say Bitcoin's used for illicit activity, which is a joke because, as you can see by this case, the all the transactions are transparent.

Starting point is 01:10:33 It's all open source, and it was easy to catch the guy once the coins moved. The only, the money that's used for illicit activity is this stuff, the Greenback, the Fiat money. It goes in suitcases full of, like an Iraq war, when they delivered pallets of $100 bills stacked up six feet high and air dropped it into the middle of the Afghanistan desert to try to pay off some warlords. That's when you see illicit activity, or when HSBC created special boxes that were the size of suitcases on the Mexican-American border to facilitate the funding of the Sonoloa cartel. That's fully been documented,

Starting point is 01:11:08 that's been out there, that's not in question anymore. They actually streamlined the Casio de Banco, where you do the exchange to facilitate the size of the packages that were coming from a drug cartel, and they laundered billions. What Kovia Bank was like 50 billion worth of Sonola cartel money and they you know they paid a fine they paid a fine for that. 60,000 Mexicans were beheaded and HSPC is standing there with the knives laughing their ass on. And Eric Holder once again is like oh you know they're too big to prosecute and by the way they got a big Christmas bonus this year so it's all a joke fuck you oh my god it's chaos dude this whole thing is chaos I've

Starting point is 01:11:49 been freaking out because I don't know where my keys are I know where they are but I bought what you bought you got coins on cash app I believe no I got I moved it to I got a couple of them but I'm gonna move to Casa Casa Casa the the thousand I'm gonna move the the the the the the the to to the to the to to the the the to the the to the the to the the to the the th I th I th I'm I'm gonna to to to to to to to to to to to th I th I tho to to to to to to to to to to to to the the the the the the the the the the the the the the the the the the the the the the th I was I th I I th I I I I I I I I I I I I I I th I th I th I th I th is I th is th is th is th is th is th is th is the the the thus is the the thus is thus is thoooooooooooooo's thoooooooooooooooo's to the thooo the, but I'm gonna move to Casa, bro. I'm gonna move the Casa. Casa's the best. I'm gonna move the Casa dude. This has been a great episode. You guys got any more question on Bitcoin. I love Bitcoin. I bought a little bit because someone said that that thing is the most decentralized of all the digital coins. So just in case I gotta go on the run from the law I won't know where you get that shirt where do we get that shirt you can buy

Starting point is 01:12:31 it on my website for five hundred dollars a piece oh damn damn that's a pre-prices just do a search for a Bitcoin t-shirts on Amazon and you'll see all these t-st-shirts so as we wrap it up who do you think wins mine and Johnny's $10,000 bet? Who do you think? Oh, he thinks me. Well, I said better than 50%. So yeah, I would assume he thinks Trump is going to be. $10,000, Johnny.

Starting point is 01:12:55 I'll take it in Bitcoin. I hope we didn't. tock. Max, I th. th. th. th. th. th. th. th. th. th. th. th. I. I. I. I. I. I. I. I. I. I. I. I. I. I. I. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. thi. thi. thi. thi. thi. thi. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I'll. I. I'll. I. I. I. I. I. I. I. I. I. I. Oh. Oh. Oh. Oh. Oh. Oh. Oh. Oh. Oh. Oh.. Oh............................................................................................ fun weird show, and we appreciate you having you on. I hope someday we can meet in person. And I think maybe you need to get back on stage and do some comedy, a little stand-up show. Well, I do my live shows. I do my live rage shows.

Starting point is 01:13:15 A big hit in Mexico City. I had like 500 people show up, did 45 minutes of stand up rage. Where I basically like, for example, I do my impersonation of Jamie Diamond as a tape worm escaping from a dog's asshole into a grass field and then being eaten by Eric Holder and then he in turn bales out a bunch of bankers, that type of thing. And everyone loves it because they are venting their rage, you know, it's about getting it. If you can harness it correctly, you know, it can be useful in that respect. Is it in Spanish? Before I go, Swan Bitcoin.com forward slash Max, you get $10. You get $10.00 free Bitcoin just for signing up.

Starting point is 01:14:01 You get $10 a big coin. This thing shoots up to what they say was $300 million the guys from sick roads that could get to. That Bitcoin could be worth literally like three million. And if it ever goes up to US 10% of that. Yeah, then you kick us 10% for saving your life and don't spend it all on strippers. And put it, it's a cost. Sam, I'll do a deal with you right now. I, since I'm a part owner of this company, we can set up swan Bitcoin.com forward slash Sam. Yeah. Anytime you get a referral to

Starting point is 01:14:34 that, you'll get some Bitcoin. All right. So what, dude, make it happen in 10 minutes. Done. that will make it happen. Well was to hang up, it'll be done. My people will contact your people. But one more time, it's it's swan. Swan Bitcoin.com forward slash Max. Or Sam. Or Sam. We'll go Sam.

Starting point is 01:14:57 Swan Bitcoin. tockhawed. that. Get that. Get it. loves that Sam and you get that action get that Bitcoin dude get it I love my Bitcoin I look at every day I say hi Bitcoin how are you you're gonna grow today morning you're big coin well you look at every single day it could be new Bitcoin because people are like well this is cool I got 10 bucks

Starting point is 01:15:18 free of Bitcoin and now I'm gonna save my ass from my little Bitcoin dude don't listen man okay especially you only fans girls start buying you use your you know I don't upset max I feel like I did a dirty joke he got a little weird but use your vagina money you know I do my pole dancing yeah I don't get any followers ladies of the night investing in big coin I mean I mean I do their to the the they. I mean I do my the the the the they. You know I'm like. I the the the the the the. I the. I the. I the. I the. I the. I the. I the. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do the. I do. I do. I do. I do the. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. I do. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. I the. I the. I the. I the. the. I the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the. the.. Ladies of the night. I've got my old gene string and everything. Ladies of the night! Invest in Bitcoin! I mean, back in the 70s, I was working at this bar called Trudy Hellers on 6th Avenue and 9th Street, which was a very famous lesbian bar at the time, and I was a bartender,

Starting point is 01:15:59 and you know, I used to fill in and do some go-go dancing every now and then. And why? Because I've got great legs. I've got the best legs in Bitcoin. That's what they've said dude. Ladies, seriously, ladies of the night, please use your snatch cash to buy some Bitcoin. Okay? I'm telling you, I've always wanted it, like I'm too, I'm functionally literate, right? I'm barely literate, but I wanted to go to school and learn investment banking and then I wanted to go to the night shift and invest all that snatch dollars. Now instead of that cut out the middleman cut me out ladies go to Swan Bitcoin dot com slash Sam and invest in Bitcoin because that's that listen dude even Michael Jordan had to hang it up dude you can't run forever on shoving bats in your ass okay you got to make money

Starting point is 01:16:46 dude put that money into in swan Bitcoin.com slash Sam and you will live high on the hog ladies. All right Max thank you so much we appreciate you uh you know slumming it with us on the show. You're the many books I can't wait to have you on again I'm sure we're gonna have like the fucking the Vatican library back there of old ancient. th. th. th. th. th. th. th. th. th. th. th. to to th. th. th. to th. th. th. th. th. th. th. th. th. that that. that. that. th. that. that. that. that. th. that. that. that. that. that. that. that. that. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. th. to to to to to to to to to to to to to to to to to to to to to to to that. to to that. to to to to that. to to to to to to that. to to that. that. that. that. that. that. th us on the show. You're, I, the many books, I can't wait to have you on again. I'm sure we're gonna have like the fucking, the Vatican Library back there of old ancient knowledge. So, Max, thank you so much. Please, please don't block me on Twitter. I love you very much. I appreciate you coming on and we'll do it again soon. I love you guys very much. Thank you guys very very very very very very very very very very very very very very very very very very very very very very very very very to guys very to guys very to to to to to to to to to to tuning in. We got another great show this week. We got hot, Hotep Jesus coming in. Wake up, Aaron.

Starting point is 01:17:47 This is only the beginning. You just blew my mind.

Tin Foil Hat With Sam Tripoli - #394:The Global Insurrection Against Banker Occupation with Max Keiser

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