You're The Voice | by Efrat Fenigson - Ep. 30: David Bailey - The ‘New World Order’ of Bitcoin

Starting point is 00:00:00 The thing the establishment wants is status quo. They want to maintain their position of power. All the policies that they implement to control our media, our education, our financial system, our health care system, they're all techniques to address a pain caused from their control. And so they're constantly trying to just fill the gap so that they can maintain the status quo and placate people. And then they have to keep diluting and diluting and diluting the system in order to keep placating and stretching it a little bit further. That's like the big picture agenda. And in order to achieve that outcome, anything is justifiable.

Starting point is 00:00:46 Right now, America, the dollar reserve status, that is the status quo that must be protected at all costs. They must continue to control the petrodollar. That's the New World Order, that one last. We've turned every person on the planet into a slave of the U.S. economy. It's indefensible, so anyone who wants to be their own person has to resist it. okay day two of bitcoin amsterdam conference i'm here with mr david bailey the ceo and co-founder of btc inc an industry leader and evangelist for decentralized future since 2013 btc inc has grown to offer intelligence services brand building expertise and technical incubation for the

Starting point is 00:01:50 bitcoin ecosystem as well as the bitcoin magazine and the bitcoin conferences one of them we're in now so david we had a little chat now so i get to know you a little bit more and i love your vibe thank you for having me on your podcast no thank you for agreeing to to speak to me and i want to start with your background of how you got to btc inc and to the whole bitcoin world yep and then And then we'll jump into harder questions. Yeah. I mean, so how I got started, I had a friend send me an article about Bitcoin. I thought Bitcoin was a scam immediately.

Starting point is 00:02:31 And I have a personality where I think something's a scam, I'm going to try to point it out why it's a scam. And I had a list of reasons why Bitcoin could never work. And then one by one, I worked my way through the list as I'm doing more research. And then it sucks you in like it's a deep rabbit hole. So I get to the point where like I don't know why this couldn't work. I couldn't tell you why it wouldn't like for sure wouldn't work. And then I'm like, OK, if this is a one in a million chance of success times the total value of everything, because that's the market it's disrupting.

Starting point is 00:03:07 It's like, OK, the price of one Bitcoin is astronomical. So I should buy even if it's one in a million. Yeah. And so I'm in college. That's about ten dollars per Bitcoin. Which year? uh 2012 2012 this was my senior year what's the price then ten dollars ten dollars roughly ten dollars yeah and i thought i was late i thought i was too late to buy like all these other people buying at a penny i'm buying at ten dollars like a sucker but uh so i did it and um then the first

Starting point is 00:03:35 bull market kicked off and i'm in college i'm making more money than i've ever made in my like i've never even seen i ever even knew existed basically uh uh for like you know four months i basically drop out of school and then my first uh bear market comes what were you studying by the way uh finance economics um all right so i've always been a finance nerd yeah but uh so the first bear market comes and i lose like 80 of my money in a day you know because the bear market's back then it's not like this where it's like little by little every day it's just sharp brutal brutal and so uh it's like okay like is this real is this not real i'm gonna go to this bitcoin conference that's happening it was the first ever bitcoin conference called bitcoin 2013 which is

Starting point is 00:04:21 actually the inspiration for our events now yeah and i went and i met the smartest people i had ever met in my life and these were people that were like called in sick to work you know maybe like google engineers or adobe engineers they they're faking sick they're faking a funeral so they can sneak out from work to go to this bitcoin conference because they don't want to tell their employer that they're into bitcoin because it's like very sketchy at the time and uh and they're working on this for free and it was like okay uh like anything that can attract brilliant people to work on it for free um has staying power you know like there there's uh the the vision will can be uh built upon so that's when i decided to go all in on bitcoin uh and

Starting point is 00:05:08 and dedicate 100% of my focus and time on Bitcoin. That was May of 2013. And then I've been on this roller coaster ever since, making every mistake you can possibly make, but surviving. With great pleasure, I'd like to introduce my sponsors. They helped me fulfill my mission of spreading truth, freedom, and sovereignty. You're the Voice is brought to you by Trezor, the original Bitcoin hardware wallet company,

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Starting point is 00:06:13 This July, the largest Bitcoin conference in the world will shed light on monetary freedom with a glimmer of hope among a darkening reality of centralized power and control. Top speakers and companies will gather in Nashville to take part in building a new reality. I'll be there too, speaking and interviewing. Head over to my link in the notes for a 10% discount using the code BTCIL. And finally, BTC Prague, the biggest, most influential Bitcoin event in Europe, coming up on June 13th with 100 speakers on 4 stages, 100 Bitcoin companies presenting at the expo, and 10,000 like-minded Bitcoiners and freedom lovers from all around the world. I'm excited to attend for the first time as a speaker. I'll be speaking about CBDCs, interviewing other speakers, learning about Bitcoin, and meeting the best and brightest in the industry. The event runs for three days with a rich program from pitching contests to panels, presentations, and parties.

Starting point is 00:07:13 I'd love to meet you in Prague. Use my code for a 10% discount. Including alternative points? Oh, yeah. I've done it all. Bitcoin is like an intellectual journey. so I actually think that people who say they have it all figured out especially people who haven't been in it that long like maybe only two years or three years like they're just very early in their process the journey and they're gonna come full circle on their journey so anyway that's how I started and then I

Starting point is 00:07:49 interviewed to be employee number one at coinbase and they only had enough money to hire one person and the other guy got the job and i'm like okay well f you guys like if you're gonna start a company i'm gonna start a company well done you're an entrepreneur company and i had no idea what i was doing i just failed forward so and that was bgc yeah well at the time it was a we created a magazine called why bitcoin and the goal of the magazine was to answer the same questions that everyone had what is bitcoin how do i buy it where can i spend it what is mining it's like 10 questions and we tried to just get the 10 best responses possible to those questions and put it in a magazine and distribute it it was a horrible business model honestly

Starting point is 00:08:36 but i was too naive to know so um that's how i got started and then uh because i had innovative tactics like responding to email and answering the phone which in the industry at that time if you had that so we started building a Rolodex of companies that did marketing with us yeah and then little by little as we figured out what we were doing and what our customers wanted and your model your business yeah we we started getting more media companies um i ended up buying bitcoin magazine from vitalik buterin and uh uh in 2014 and bitcoin magazine is the original source of information on bitcoin in my opinion it's like a religious text it's like the first time and the only place that

Starting point is 00:09:33 some of the most important stories in bitcoin's genesis were covered so uh great honor to to buy that publication. And then, of course, Vitalik goes and does Ethereum. And so we were very close to that whole scene, the Ethereum ICOs. So we got into crypto. A bunch of the Israelis, they all made their bread and butter. I know. They all started in Bitcoin. They all get into crypto anyway. So go down the crypto journey. Like 2017. There were so many ICOs in 2017 that I remember. made like half a billion dollars in 2017 and I'm like 26 27 I don't know wow you know and it's like this like emotional roller coaster because you've basically been broke your entire life that was like huge sum of fake money and then in

Starting point is 00:10:25 2018 we proceed to lose like all the money like a lot of money like basically all of it so uh as we're losing the money you're having like a intellectual crisis because it's like wow if i had just walked away or like i've lost this huge sum and what did i lose it for i don't even believe in this shit and you kind of see how the sausage is made in tokens and the more you know the sleazier and sleazier it is until where you're like this is bullshit and so i i realized like, okay, wow, I'm going to have lost more money than I could fathom betting on things I don't even believe in. And I'm going to live with regret for the rest of my life. So I was like, okay, we're going to go bankrupt, but at least let's go bankrupt on something that I can

Starting point is 00:11:15 look in the mirror and I can say, if I could do it over again, I would do it that way. And so in 2018, we decided to go Bitcoin only. Divested everything that wasn't Bitcoin. We had some media companies that did crypto and blockchain, divested all of it. And then we launched the Bitcoin conference because there was no Bitcoin event in the world. There was really not a Bitcoin only scene. I think we're like maybe the only company or the first company to be like into crypto and then say, OK, actually, we're going to just refocus and prioritize Bitcoin. And so when we did that, our business took off. So we tapped into something that no one really kind of appreciated was there 2019 more or less so yeah so 2000 2019 is when we had the first bitcoin

Starting point is 00:11:59 conference and everyone was like you're gonna go bust no one's gonna there is no bitcoin community no one wants the bitcoin conference you're saying no to 75 of the marketing dollars or 85 of the marketing dollars and then the first conference happened it was 2 000 people and it was electric it was like really like the vibes and like a lot of the og bitcoiners came out and they're like oh I mean, the conference is business for the last 20 years. When you do a good conference, you know it. Oh, yeah. Even if it's small, it doesn't matter.

Starting point is 00:12:28 If the vibe's there, if the energies are there, and the audience comes out of it all electrified, you know you have a continuation. So I realized then that I had actually never experienced product-market fit before. you know it's like product market fit i like i tell people it's like um if you don't know you're stoned you're not stoned but when you're stoned you know you're stoned so it's like okay product market fits the same way like if you don't know you have it you don't have it when you have it you're like oh shit like i have it so uh so then we were just like okay more like just lean into that and uh uh the business the magazine took off we went bitcoin magazine it went from 30 000 twitter followers to 3 million twitter followers um

Starting point is 00:13:18 and the circulation you have print and digital right we do but the print is just like a collector's item so uh i it's only in the thousands uh single digit thousands per issue but do you print it every month every quarter so it's just an artifact of what it's good yeah it's amazing i love it yeah and then uh and then the conference just took off at this trajectory where um it it basically it became the largest finance conference in the world uh after three years um and so 2022 was like the well i i can go into probably more detail than you want on the different conferences but uh uh no do it uh like 21 was the first conference back from covid what we were talking about earlier that conference uh that's where uh bitcoin was announced as legal

Starting point is 00:14:08 tinder by bukele it's where uh ross olbrich uh recorded uh his first ever interview from prison uh it's where ron paul spoke he opened up the conference so very like cool event uh and then next year was 26 000 people wow and then it was like okay now this is like big business and um uh and then he started going global yeah and then we're like okay we need to take the bitcoin community to every market so we started with europe this was like our test overseas here here yeah so and we did it here because bitcoin 2014 which was the last like bitcoin conference to happen uh happened in amsterdam so we're like okay amsterdam would be a cool spot and then there's a funny backstory of our partners here actually intercepted us flew to intercept us

Starting point is 00:14:58 where we were at somewhere and they were like pitched us like if you don't do this deal with us we're gonna we're gonna do it we're gonna grow it and we're gonna bankrupt you it's very bold like uh message i'm like okay i like these guys so uh uh we've done this event two years um and And we're going to be expanding the conference to Asia, the Middle East, and Latin America. Turkey? In the Middle East? We've visited. We're evaluating sites.

Starting point is 00:15:24 I think it is like a place I'd love to do it in Istanbul. We really like to blend ... Bitcoin is a cultural movement. So we like to blend Bitcoin with culture, history, art, music. It's one of the things that makes the event unique. And so cities like Istanbul is like the perfect place to do it. And in Asia? Oh, yeah. Where in Asia?

Starting point is 00:15:49 So we haven't announced it yet. So it's got to be kept secret. Okay. But it's going to be, I think the Asia event is going to end up being maybe bigger than the North American event. And so the Bitcoin movement is massive. People do not understand how big it is. And we didn't understand how big it was until... Please share.

Starting point is 00:16:08 it's just uh bitcoin is the the greatest conspiracy in the history of mankind we've infiltrated every institution in society every fortune 500 company every central bank every uh presidential office there's a bitcoiner that works inside of every institution biggest Troy and Horace. And all of them are mission aligned with spreading Bitcoin and Bitcoin adoption and the message of Bitcoin. And so we collude together to figure out how can we get your company or your government or your jurisdiction to embrace Bitcoin? How can we help you? And so we kind of don't think of it as a conspiracy, but that's what we're conspiring together.

Starting point is 00:16:55 This conference is a meeting of our co-conspirators. And we're talking about how we're going to spread it even further. yeah so uh except our conspiracy is based around freedom and capitalism uh and it it's very exciting it's like imagine the most evil dark you know uh conspiracy take over the world okay we're like the opposite exactly it's very cool it's a positive conspiracy positive humanity and that's exactly the antidote that we need for how society and the world looks today right it it is the only antidote right money is how we organize society yes and uh it's very effective at organizing society money without money you can't have specialization without specialization you can't

Starting point is 00:17:48 have cities without cities you can't i mean truly society the foundation of society is is intrinsically linked with our ability to transact with each other and so if you don't control that if some one party controls that then they control the ability to manipulate any part of society and they manipulate it in a way that benefits them and uh you have to remove that power to be able to actually solve the other problems in society because as long as someone has that power any solution you come up with for education or for health care for the military whatever they're going to be able to force through their view over your view because they have unlimited resources and you don't so uh bitcoin is the equalizer like now they don't have unlimited resources

Starting point is 00:18:35 and now the ideas have to live and die on the merit of the ideas and maybe they have like some amount of runway before they truly run out of money but like they're going bankrupt yeah you know it's collapsing yeah it's falling apart and it can't collapse like bitcoin isn't the bubble it's the needle like like you can't pop all this you can't go bankrupt until someone calls you uh bankrupt like until somebody calls the note you're not bankrupt all right bitcoin's like calling the debt basically it's like it's the forcing function that actually makes people pony up. So I actually, I'm of the view that Bitcoin is going to cause the biggest financial collapse ever by design. You know, the cool thing about it, so there's like, there's so many things to

Starting point is 00:19:27 learn about the world from Bitcoin, but there's bull cycles and bear cycles in Bitcoin. You can't have one without the other. You need the bear cycles because the bear cycles are how we wash away the malinvestment and we reallocate resources to those that are actually creating value. So companies cut back all their wasteful spending. They hire, they fire unproductive staff, companies that have a broken model, they go bankrupt. The employees that were good get hired by another company. That's the cycle. Everything gets resorted. And then that's what creates the dynamic that can create the next bull cycle. How we go 10 X growth or a hundred X growth. Our economy, our society in the real world, we need that. We need recessions. We need

Starting point is 00:20:14 creative destruction to happen to resort resources to those that are creating the most value in society. With central banking, we drag out these recessions decades, maybe. We're still getting over the 08 recession to this day with bitcoin the recession it hits it's hard one year and then one year they were back yeah and we we've recovered from every crisis in bitcoin with no central bank no bailouts no one comes and helps us no one we're all by our fucking selves yeah and every time we build back 10x better and in a fraction of the time of the real economy so our system is getting more and more robust where like the alternative system is just getting more and more fragile so i think uh uh bitcoin in bringing a a financial collapse is really just it it clearing the the

Starting point is 00:21:10 path for us to rebuild uh our financial system our society in a much more effective way a much better way you remind me the natural cycles in nature right of how plants behave for example they will die out and new ones will be grown on top of that that are better more equipped to the to the to the environment that they're in that's just the natural course of things in nature and and bitcoin is a byproduct of nature bitcoin was not invented it was discovered so the uh it is a extension of uh the universe ordering energy in the most optimal way so you know that's competition between all the parts of the ecosystem and living organisms they have their own economy we have ours i i'm a big believer that human evolution will cease

Starting point is 00:22:06 without something like bitcoin we need the competitive environment for the process of evolution to continue to go. If you could freeze the status of the environment, you cease to create the opportunities for the things of the future. So there's this idea of the Kardashev scale. Have you heard of the Kardashev scale? So it's an idea from the 70s, 60s maybe, trying to basically scale civilization,

Starting point is 00:22:38 Create a standard for measuring civilization by energy consumed. And you can be a type 0, type 1, type 2, type 3 civilization. The first stage in the Kardashev scale is consuming all of the energy resources of your planet. And then the next stage is all of the energy resources of your solar system. And then the next stage is all of the energy resources of your galaxy. Okay, we're a stage 0 civilization right now. OK, we haven't even tapped what's what's here. Bitcoin is the mechanism to incentivize the human behavior to go and flourish throughout the solar system and the galaxies.

Starting point is 00:23:22 It's the it's like ants finding food or whatever. It's the it's the natural force incentivizing us to go forth and procreate and spread life throughout the solar system. And with Bitcoin, we're going to level up to the Kardashev scale from a type zero to type one to type two. So anyway, I could go way too deep on this. I love it. No, don't apologize. This is great because you're also giving my audience the leads to follow. Right.

Starting point is 00:23:51 If they want to expand on that, they go read the book. If you want to expand on that topic, there's a article called Bitcoin Astrology. Yes. uh that's uh published on this blog unchained capital it is the most thoroughly researched and deep article on the topic i've ever read it's three parts and i'm gonna include the link to it in the notes of the episode all these new ideas like uh the center of hash you know one limitation of bitcoin that people don't know is has a 10 minute block time well you can the fastest you can send information is the speed of light so the theoretical threshold of a bitcoin adoption

Starting point is 00:24:32 for miners is 10 minutes at the speed of light is the farthest away you can be from what's called the center of hash which is where a block is propagated if you want to be competitive in the network otherwise you get a block while the next block has already been found so 10 10 minutes of light speed takes us like pretty far from earth doesn't get all the way to mars so there is things that we're gonna have to improve about bitcoin to really go like interplanetary so anyway when and if you go to the quantum universe then you're changing the rules of the game even more everything can happen in parallel there's no space and time right that's right fascinating where you can take this you know uh this article also it talks about uh time itself yes i love

Starting point is 00:25:17 handling the concept of time this is one of my favorite things it's a position people don't know i don't talk about it but i love researching time it's a positional relative thing of course okay how do we tell time between solar systems like between galaxies like how would two people on two different planets have a common sense of time bitcoin or blocks block time yeah is the only universal form of time so if i had a block that you know uh took you know a thousand years to mine okay uh everyone within the radius of that block propagation is all on the same calendar the same time which is that block time so it's a a cool uh derivative of time that doesn't involve uh positioning to be able to measure it's very cool love it i love it your audience is like okay

Starting point is 00:26:09 this is this is too esoteric no no no all right i get the sense that you like to talk about controversial topics I do I'm open to anything and not censored I feel like you can't feel alive if you don't get cancelled on a regular basis so I like I'm cancelled as we speak in Israel right now people are calling me names and posting tweets about me online because I'm daring to ask tough questions and they can't handle it I'm moving their cheese too much it's a superpower you reckon right now it feels like a pain in the butt but superpower but yeah Eva says though as well she said you know you can't be any different

Starting point is 00:26:51 I know yeah we're the same like that like both big mouths what are you being canceled for I'm saying something's wrong here and it feels like the people of Israel and the people of Palestine have been sold once again to their higher powers that be because something has happened here which obviously is a failure on a mega scale and there is no plausible explanation for how this could have happened and we are not receiving any answers for it and people are dying and they are going to continue to die in the next few days weeks i don't know how long it's going to take and we need to talk about this now not whenever it's convenient to them because we need to know if someone's sacrificing us for the

Starting point is 00:27:37 sake of money energy war i don't know what what is political uh what are the agendas behind this that are no all right well uh and i'm not coming with exclamation marks i'm coming with question marks in my in my opinion on the behalf of of the people of israel that that need to be protected right and be told the truth exactly and i'm in pursuit of the truth exactly well uh not that i think that i'll ever get a clear answer from anyone but at least i'm i'm surfacing the questions there's nothing more dangerous than the truth yes exactly uh well i uh i feel like the position you have on that i mean um i guess bitcoiners are uh we maybe have a certain ideological view on the world but i've heard that feedback from most of my israeli friends everyone's in the idf at some

Starting point is 00:28:28 point like i was it doesn't it doesn't jive with their experience of how it it worked yeah everyone that has been in the army knows that something stinks here big time yeah and i and i feel like uh well i feel like they're they will reveal if there's an agenda it'll get revealed in the coming uh days and weeks um as we see what their response is but it definitely feels like things are escalating right now um and it's a very dangerous time in the world i mean the the ukraine conflict i i i definitely since the beginning of the world war and times of immense economic change correspond and correlate with times of worldwide conflict yes so it makes sense where do you think this this connects to one of my questions to you so maybe let's take

Starting point is 00:29:20 in that direction there is obviously a world order that is being changed now and we're facing monetary collapse or or a change in the monetary system around the world where do you think those powers are taking us or where are they trying to take us you related to the ukraine russia war now there's a conflict in the middle east a war in the middle east to me this is a pattern and it shows a certain direction that they want to take us but i'm curious to hear your your take on where we're going with that new order that they're trying to create my general view is that the the thing the establishment wants is status quo they want to maintain their position of power And so I feel like all the policies that they implement to control our media, our education, our financial system, our health care system, they're all techniques to address a pain caused from their control.

Starting point is 00:30:29 And so they're constantly trying to just, like, fill the gap so that they can maintain the status quo and placate people. And then they have to keep diluting and diluting and diluting the system in order to keep placating and stretching it a little bit further. So I feel like that's, like, the big picture agenda. And in order to achieve that outcome, anything is justifiable. And I think right now, America, the dollar reserve status, that is the status quo that must be protected at all costs. The hegemony. Yes. They must continue to control the petrodollar.

Starting point is 00:31:05 That's the New World Order, that one last, I guess. And that's why I feel like war with China, war with the BRIC nations is an inevitability. And, you know, it's not even on its face ethical for the United States to be able to magically create something out of thin air and steal all the people of the world who use the dollar, their time, their purchasing power to be wasted on political means. It's like it strikes of Rome. So we've turned every person on the planet into a slave of the U.S. economy. And I think it's indefensible. So anyone who wants to be their own person has to resist it. China's doing what they should do. I'm not agreeing with their means that they're using to do it, like their approach.

Starting point is 00:32:01 China's doing China. China's doing China, like as it should be. So many countries in the world that have just become the United States' total satellite state. I mean, it's like Europe. What happened to Europe? It's just like a satellite. We can go blow up the pipelines and wreck the energy markets. Israel. Everyone's saying that Israel is the next star in the American flag. That's the other state.

Starting point is 00:32:25 That's the most important state. Satellite, yes. It's such a strange dynamic, but it's not sustainable. So anyway, the foreign policy now is just a byproduct of trying to hold on to that. Yes. and it's going to have to escalate even more. And unless you're willing to accept it, unless China's willing to accept being just the permanent subservient to America,

Starting point is 00:32:52 then they're going to have to at some point in time say no. And that's what I feel like is happening. But the big, I guess, curveball that no one saw coming was Bitcoin. And we're going to implode all the fiats all at the same time. And it's really going to reset everything. So, you know, the new world order is actually Bitcoin. We're the new world order and it's very optimistic for the world So I'm pro new world order Yeah, I'm with you in a way

Starting point is 00:33:19 I obviously a collapse will bring about a lot of suffering for a lot of people But at the same time if the Bitcoin community it is here It is here already for the past year the tens of years even it's here and and i think humanity wakes up when it gets a big slap in the face and there's always an opportunity now there are more and more opportunities to wake up for various reasons i said it yesterday on stage when i talked about cbdc my journey was red peeling to orange peeling right i first woke up to other lies like the big pharma and the big tech and the big money and my journey from there to

Starting point is 00:34:01 bitcoin was very fast and natural and i think the matrix you it all right exactly yeah exactly and if you don't you can't then you're gonna get that lesson this is karma again and again and again until you get it or you don't and you just die not no not getting it so i think that humans have this opportunity again and again to understand the bigger game at play it's only up to them how courageous they are to look truth in the face and accept that they have been misled or wrong or someone has manipulated them and say okay i'm putting down you know my ego and my my defenses and i'm okay i'm open bring it on i'm open to learn and then start discovering bitcoin start discovering real sovereignty start discovering creation again yep and and

Starting point is 00:34:59 entrepreneurship and how you bring about capitalism in the form that it could look like and it maybe never have looked like that before but with Bitcoin we have a real opportunity to build life again in a totally different way I think you know again I don't want to get too too heady for your audience in some ways like Bitcoin not to offend anyone but it's like a religious movement but I actually feel like we don't really understand what religion is it's like religion is almost like the original countercultural movements against the power structure they use memes and they use iconic iconography like they they

Starting point is 00:35:49 simplify the message in a format that uh someone doesn't have to be like a historian to know all the the depth of the of the religion they follow they can just follow the highlights but if you follow the lessons they give you some competitive advantage in life okay if you don't lie and cheat and steal from a whole bunch of people you're gonna do better in life yes okay yes and you're be a little happier life and people get that and they emulate that behavior okay so you know bitcoin uh uh it has a certain belief system to it but because of i would even say principles more than beliefs right freedom sovereignty like capitalism capitalism uh math um because of the number go up part of it the the there's only 21 million bitcoins bitcoin literally brings

Starting point is 00:36:40 prosperity to the people that hold it not just the principles that you learn like along the way which most people don't have those principles when they get into bitcoin to start with they they come for the number go up and they stay for the revolution yes uh and and you really only can appreciate these ideas when you've had enough life experience you've seen it to really to embrace it but i i found that when people have prosperity they feel optimistic about the future of the world and they make a different decisions and lifestyle choices than they do when they live in poverty or fear of the future yes so you'll notice like the children per capita of bitcoiners yeah way way higher way higher did you do any statistics about it

Starting point is 00:37:28 and bitcoin magazine you gotta do a survey yeah you gotta do a survey because when you have the resources you're not afraid of having a child it's like okay bring on the risk bring on the unknown yes and uh so many people are afraid of the unknown because they they don't have the margin for error they don't have the self-confidence they don't think tomorrow will be better you know how many people i speak to that tell me why bring a child to the world right now yes is this the world we want to live in yeah it's crazy yeah it's a it's a death mindset yes and uh that's the mindset of fiat yes that's the mindset of slavery you know and and so bitcoin brings this prosperity mindset this this eagerness to go and manifest the world that you want to see and i think that people will

Starting point is 00:38:16 not necessarily have the patience to learn all the intellectual background of bitcoin but they'll see people prosper and they'll want to emulate that just like they want to emulate having a healthy family dynamic in their at the church they go to and so uh i think uh from the moment i opened up and started talking about bitcoin to people around me they all got interested and they don't have any intention to go and read all the books that i read and follow all the podcasts that i follow but you just there if they want to though of course right but it's just lead by example show them that you're adopting something that is good even if they don't dig into it at least they can understand like you said the high-level principles of it and

Starting point is 00:39:03 this is my fourth bear cycle so I've actually got I know many many people that knew me with the first bear cycle and their impression of what I was doing and their impression of this whole thing and and then what their impression was by the second bear cycle yeah and then it's typically most people if they knew me in the first and the second by the third cycle that i talked to them they're involved in it because now the change they've seen in bitcoin they've been there they can only sit on the sideline and watch that for so long before they're like i need to be a part of this and so now okay fast forward another cycle it's like okay again it's a journey so people start

Starting point is 00:39:42 off skeptical as you should and then you tiptoe deeper and deeper in and then at some point in time you hit like a switch where it's like I have more confidence in this system in the capitalist system in the free market system in the math system with no politicians than I do in the political system okay wait I've got to ask you something you're choosing to have in this conference and in previous conferences people like Edward Snowden Julian Assange wife Stella Assange which is amazing in my view and also people like uh eva valdo i will never say her surname correctly valerdinger book so eva my friend and even myself right we're all dissident in a way dissident voices we were

Starting point is 00:40:38 all red-pilled first and then orange-pilled. And this path of awakening from red to orange for me is very natural. But how do you see people joining this community? How can we take them on through this path? And why do you make the choices that you make to bring people like that to the conferences? Okay, so first off, every person is ready for Bitcoin when they're ready for it okay so i really don't try to force uh anyone to be interested in it because like i know they'll eventually be interested in it so it's like okay maybe not this cycle but in four years from now eight years from now the biggest skeptic will be interested so just let them come in with their time um you know it's it's it's interesting like y'all have a certain

Starting point is 00:41:29 perspective maybe y'all would call it red pilled but i also interact with people from the who would consider themselves the exact opposite on the political spectrum i don't know if you consider yourself conservative but uh they would i don't consider myself anything politically these days like there's no left and right in my opinion it's all bullshit yeah there are so many illusions i'm a free person free mind free heart loving heart sovereign right you know well believe in spirituality creation you know god whatever you call it well every person all people are basically the same and people are passionate about certain things that they're very frustrated by and they're able to find ways that bitcoin salt can be a solution to the thing they're passionate about

Starting point is 00:42:15 and then that becomes a great uniter and so uh you know bitcoin is the only thing where i have many ukrainian friends that love bitcoin and i have many russian friends that love bitcoin You know, I have many Israeli friends that love Bitcoin. I have many Palestinian, Lebanese Bitcoiners that love Bitcoin. So I think it's not just for one political side that is attracted to it. I do think conservatives in general have been punished pretty disproportionately, maybe, over the past decade or two. And so there's just a lot of dissidence on that side. Yeah. So we want to be a platform for people that are seeking freedom.

Starting point is 00:42:59 And, you know, RFK. So we Orangefield RFK. OK. And who's we? I'm curious. Who is you and whom? Like a team of people like we got to get this guy Orangefield. OK, so, yes. Yes. There are there are like, yeah, it's a conspiracy. Again, it's like, OK, we've got to get this guy. But so you remember the truckers protest. Okay, so when that went down, we were given a call, a heads up. Hey, there's this truckers protest going down. They're canceling their bank accounts.

Starting point is 00:43:32 They need money. So we organized with some other Bitcoiners a fundraising effort to get Bitcoin to the truckers. And they were on the ground delivering the actual money. Yes, that's the only money that got to them. You're behind that too. Yeah, so we raised the money. my bitcoin wallet is actually on a list in canada of uh people like i think uh they called it terrorism i think terrorism financing after you yeah so but uh so we got the bitcoin to them

Starting point is 00:44:04 and then that was like this inspirational moment for the world yeah the truckers were amazing amazing amazing that's an emotional thing you get me talking of course but uh you know we We did a convoy in Israel as well in February last year, 2022, yes. Was it effective? It was in the sense that 50,000 people joined and 20,000 vehicles joined, but there was zero mainstream media coverage, and I did PR for it on my own with friends. We did a PR sell that just oversees me with the foreign media, and we got Reuters to cover it. and they came with drones and they they did a full-blown cover of it and then

Starting point is 00:44:46 all the foreign media covered it but Israel nothing yeah it was great I'll tell you about it later so that was like this inspirational moment so RFK who cares deeply about freedom yeah yeah saw that yeah and he was like oh if you don't control your money you don't have the ability to protest correct if you don't have the ability to protest you're not free so therefore if you don't control your own money you're not free and with bitcoin like uh because bitcoin is something that they were able to use outside of the state that means that if you don't have bitcoin you're not free and so therefore you got to that conclusion nice i mean i mean they were seizing people's bank accounts and

Starting point is 00:45:34 shutting it down so i mean uh the the path wasn't that far away but he came to that conclusion and he said it was very profound like this is why we need bitcoin forget all the everything else about it it's like we can't be free if we don't have bitcoin and so i'm pro bitcoin and it's like okay there there you go so then we helped you know um give him a platform connect him with people that are uh very well educated on the topic so he can be informed with accurate information and We don't want to oversell Bitcoin. Because he's a very smart guy, and he does his research really well on everything. You know, I didn't really know anything about RFK two years ago.

Starting point is 00:46:17 He's an amazing guy. Other than people, every person I knew said he was a kook. Every person in the real world. I have some doubts about him about certain topics, but in general, I think his heart is in the right place, and he just needs to be educated about certain things that he may not get all the way to the end. He's amazing. My new rule is anytime everyone has a consensus view on something, automatically the opposite.

Starting point is 00:46:39 So, like, I meet him for the first time. His knowledge is insane. Yeah. He's brilliant. Yeah. So, I'm not a political person, but after he spoke at the conference, it felt like in that moment when he's announcing his policies, it felt like, holy shit, this is like history happening right here.

Starting point is 00:46:56 It is. It is. Him saying that he will ban CBDC if he gets elected and that he will make Bitcoin legal tender is history in the making. It doesn't matter if it happens or not. I mean, it probably won't happen because he won't be elected, but this is it. This is the first step.

Starting point is 00:47:15 Yes, yes. And the fact that it's a Kennedy, it feels like a historical... Symbolic, completely. So, very, very, very cool. You should be proud of that. Of course. Well done. I'm just excited to be there.

Starting point is 00:47:31 you know like of course take part in something like that see it yeah like wow but uh tell me one word about snowden and assange which are such important voices in the world in general and they don't get the stage and you give it to them like what drives you guys to to do that many people who listen may not know why it is critical to bring those voices to the forefront well first off They embodied the principles of Bitcoin, but both of them are pioneers of Bitcoin and they both used Bitcoin in the way that Bitcoin was intended to be used to be a dissident and to do things that you're not going to be allowed to do with money as we know it today. And to undertake censorship. Correct. So with Snowden, he paid for the servers that he leaked the documents on using Bitcoin. Amazing.

Starting point is 00:48:33 Because it had to do with the credit card. Amazing. With Julian, when all the credit card companies shut down donations, he accepted Bitcoin. The amount of Bitcoin that they received in donations actually has fed Wikileaks for quite a while. I think they're still actually funded off of the original Bitcoin that was sent in. So they are living testaments to the power of Bitcoin, the message of Bitcoin, their martyrs for freedom. The story that they have needs to be remembered throughout time. And it's way more important than any differences in views.

Starting point is 00:49:14 Correct. Right? What they represent is the ultimate fight of humanity for freedom and for creating something new. Snowden and Julian inspired hundreds of millions of people around the world. 100%. So, I mean, we will get them out, both of them, we will get pardoned within 10 years. We're getting closer and closer. Every cycle we get closer and closer. I pray for that. 10 years we'll get it done uh cbdc's yes you don't need to be worried about them

Starting point is 00:49:49 say more they're going to say more they're going to flop and fail right out of the gate they're never going to get any traction um in any form that they do get traction they actually don't need to be cbdc's it's just kind of the same as what we have now except they're forcing you to do certain things so uh the um they don't understand why cryptocurrency is valuable they think it's a technology thing so they're like oh if we tokenize our fiat people will like it yeah they don't get that the whole reason we want this is to get rid of them we're getting we're rejecting their monetary policy and so they're clueless and uh they're going to be like why does no one want this thing it's dead on arrival and i've seen many i love that battlefield that

Starting point is 00:50:33 little battlefield of cbdc and bitcoin it's like there's no equation you can't even compare yeah that's what i said on the panel i said cbdc is not a threat to bitcoin it's a threat to freedom but cbdc is the booster and the accelerator of bitcoin if anything else this is the opportunity for the bitcoin community to start bringing on more and more people in because they're afraid of cbdc right just bring them on well so we've seen many nations try to do cbdc's yeah they all fail but no one puts out a press release oh our thing failed so they just leave it under the rug and they're like oh well it's an experiment we write about it don't worry about that we're here to cover so like literally they've all failed already it's not like it's something we're

Starting point is 00:51:20 we're wondering about and then with uh like tether they look at tether and they're like oh wow that's been so successful people must want it and it's like okay what they don't realize is tether is it's like regulatory arbitrage people are using it in order to bypass reporting requirements taxes so like all the things they want us to use their currency for is the reason people use tether to bypass so it's like oh like they don't get it they don't get it and of course they don't get it but where do people follow you if they want to learn more from you bitcoin magazine or but you you uh twitter do you talk on twitter do you do too much okay good yeah so twitter yeah and then bitcoin magazine and uh the conferences obviously of course where's the

Starting point is 00:52:07 next conference so the next conference is in nashville tennessee july yeah july 20 24. but we have one we're going to be announcing for asia that we're not ready to announce yet that might happened before that okay okay great so uh yeah we're bringing the bitcoin conference to every part of the world we're building the biggest movement in the world and uh again this is this is where the new world order is born we're building the new world order people don't know because they're not here with us but i have spoken to my friends that came with me from israel and we have israeli delegation here in the in the conference and uh the first thing they told me is everyone's so nice like the atmosphere is so down to earth it doesn't matter who you speak to a speaker you

Starting point is 00:52:55 know a big person it's like it's all down to earth yeah and the vibe is so good and welcoming and everyone feels at home it just feels really great and well status means less in bitcoin because uh the no-name person who's 13 years old from pakistan when all the barriers get removed more than you can of course you know so it's like uh keeps you humble yeah yeah but there's still a lot of ego in bitcoin so you know let's not of course yeah i mean that i always encourage people to go in and do some uh internal work yeah always it's a never-ending uh lesson in life So what's your message to drive people to action and give them some hope? Bitcoin is a revolution, an idea whose time has come, and it literally cannot be stopped.

Starting point is 00:53:48 There's nothing the powers that be can do to prevent this from happening. Now it just matters how quickly it happens. And that's what we all hear get to effect. But to stop Bitcoin is to stop the progressive progression of life itself yeah and they don't have the power to do that they don't have the power to stop Bitcoin and it's inevitable that freedom and capitalism win the day so and I think it happens in our lifetime in our lifetime in will be the currency of all of humanity we call that hyper Bitcoinization. So we'll see how long it takes. See how long it takes. I love it, David. I love it. Amen to that. And I think it's very important for people

Starting point is 00:54:37 to be aware that it cannot be stopped. It doesn't matter what they try. If it couldn't be stopped, we'd be fucked. I think it would have happened already if it was possible. It's just not possible. It's just not possible. Trust in life, trust in capitalism trust in math short politicians yeah i mean it's just so simple it's so simple long math short politician love it and if and if you're skeptical about bitcoin there are websites that you can go to called faucets where you can get a penny of bitcoin for free download a wallet get a free penny of bitcoin all you have to spend is 20 minutes of your life, learning about what it is, and then you're plugged into it. Maybe in a very small

Starting point is 00:55:27 way, but you're plugged in. And then as soon as you do that step, you'll be able to follow along over time what's happening. And you'll tiptoe deeper and deeper and deeper into the system until before long, you're all in. David, thank you so much. Thank you for having me on. I loved our conversation. Cool podcast. Yes, thank you. Not censored, dear. Good luck with your cancel morning. Thank you.

You're The Voice | by Efrat Fenigson - Ep. 30: David Bailey - The ‘New World Order’ of Bitcoin

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