You're The Voice | by Efrat Fenigson - Ep. 60: Jimmy Song - Will You Choose The Moral High Ground?
Episode Date: January 3, 2025My guest today is Jimmy Song, a prominent Bitcoin developer, author, and advocate for freedom and moral responsibility through Bitcoin. Jimmy has spent over a decade contributing to the Bitcoin ecosys...tem, authoring books such as “Thank God for Bitcoin”, “Fiat Ruins Everything”, and many more. In this conversation, we explore his journey as a developer and educator, including his work teaching Bitcoin programming in El Salvador. Jimmy shares his observations on Bitcoin's transformative power, the moral corruption of fiat money, and the role of virtue in sustaining a Bitcoin-centric life. We also discuss the challenges of societal change, personal agency, and psychological conditioning of nations which impacts the state of affairs in the Middle East and globally, in the near future. This conversation will inspire you to embrace responsibility and build a future rooted in freedom and sovereignty. ► If you got value, please like, comment, share, follow and support my work. Thank you! -- SPONSORS -- ►► Get your TREZOR wallet & accessories, with a 5% discount, using my code at checkout (get my discount code from the episode - yep, you’ll have to watch it): https://affil.trezor.io/SHUn -- SPECIAL OFFERS – ►► Enjoy the Little HODLer products, learn about sound money while having fun! use code EFRAT for 10% off on non-sale items: https://thelittlehodler.com/ ►► Get 10% off on all books, inc. “The Inverse of Clown World”, using the code EFRAT https://bitcoininfinitystore.com ►► Join me in any of these upcoming events: https://www.efrat.blog/p/upcoming-events -- LINKS – Jimmy’s Twitter: https://x.com/jimmysong Jimmy’s Substack: https://substack.com/@jimmysong Jimmy’s Latest Book “Fiat Ruins Everything”: https://bit.ly/4gUuRJi Jimmy’s Nostr npub: npub1sn0q3zptdcm8qh8ktyhwtrnr9htwpykav8qnryhusr9mcr9ustxqe4tr2x Efrat's Twitter: https://twitter.com/efenigson Efrat's Telegram: https://t.me/efenigson Watch/listen on all platforms: https://linktr.ee/yourethevoice Support Efrat's work: https://www.buymeacoffee.com/efenigson Support Efrat with Bitcoin: https://geyser.fund/project/efenigson -- CHAPTERS – (00:00) Coming Up… (00:52) Intro and Background of Jimmy (04:25) Jimmy’s Experience Teaching & Progress in El Salvador (06:21) The Moral Case of Bitcoin (11:21) Bitcoin Requires Spiritual Inner Work (16:30) The Message Behind Jimmy’s Book “Fiat Ruins Everything” (20:30) The Future Trajectory of Bitcoin (22:13) How Will the Mainstream Understand Bitcoin? (25:34) Speculations on the Middle East Conflict (30:03) Psychological Conditioning in Israel The Soviet Union & More (34:51) The Psychology of Winning, Hope, and Agency
Transcript
Discussion (0)
getting away from virtue ultimately causes a lot of the evil that we're seeing in the world today
so you have to take responsibility for your life you have to you know exercise agency right instead
of okay you know i'm always oppressed therefore i can never conquer the whatever ism that is
oppressing me i've seen this in bitcoin right you probably know people like this they're in a really
good relationship with somebody right and then they self-sabotage they're like you know they
They do something that's completely unacceptable and they're not really sure why they did it.
The longer you're in Bitcoin, I think the more you understand it.
And that's a very important part because once you understand that it really is money,
now it's something that you can use to plan for the future.
look who i got the most handsome man in the conference hello jimmy well thank you people
can't see your boots as well but cowboy boots cowboy from nashville as well nice nice yeah
that's uh wow is that a luke casey i don't know okay okay it might be yeah yeah i love it
like original yeah i i love how like uh versatile they are you know you can like wear them with
almost anything i know yeah i love it and you live in texas i do austin texas yeah okay so
your outfit is also unique in texas somewhat i guess i mean people don't dress like the same
right and i kind of get it like uh you know i was talking to a friend of mine that i've been
in banking they're like everyone in banking dresses like this so we want to be the opposite
in bitcoin like i get that but you know we we should have standards dude this is your personal
brand that's right really really great i love it i love your style okay look to a more serious
so jimmy song could you just say a few words about yourself being an author being a developer and
one of the most prominent figures in the space.
Well, I think I'm recognizable mostly because of the hat.
But yeah, I'm a programmer.
I've been one for most of my life, actually,
since I was like nine years old.
I've been programming in Bitcoin for the last 11 years.
I've written five books, one that's technical
and four that are more for a lay audience.
The first one was Thank God for Bitcoin?
First one was Programming Bitcoin.
Programming Bitcoin.
Second one was Little Bitcoin Book, Thank God for Bitcoin,
Bitcoin and the American Dream, and Diablo and Xenoblade.
Yes.
Five books.
But yeah, I'm an author, developer, speaker, lots of different things.
What do you love the most out of everything that you do?
Everything, I don't know.
I mean, traveling to beautiful places like Lugano is nice,
especially when I can bring my wife and can hang out.
They put us up in a nice hotel, go use the sauna.
Yeah, that's got to be one of the nicest things. But, you know, one of the things that we did during like shortly after the pandemic was go travel the world and having the opportunity to do that, I think, was one of the highlights of my life.
just like traveling, meeting Bitcoiners all over the world.
Yeah, with the children, you know, getting to see all kinds of stuff.
I mean, I've told you about, you know, visiting both Palestine and Israel,
seeing Bethlehem on Christmas Eve and, you know, going to Israel and Jerusalem and all that.
It was honestly one of the most meaningful experiences in my life, getting to do that with my children.
So I would say that's my favorite is the freedom.
To do stuff that most normal people can't even dream of doing.
You're the Voice is brought to you by Trezor, the original Bitcoin hardware wallet company pioneering the development of self-custody for crypto assets since 2013, empowering individuals with an open source device, enabling beginners and experts to easily and securely hold their coins.
I find my Trezor super easy to use and recommend it to my friends and family.
Enjoy my 5% discount on Trezor product by clicking the link in the show notes and using the code FLAT.
Right. And one of the recent things I've seen, not recent, but in the last few years, I've seen that you also help set up, is it a program or a school in El Salvador for programmers, right?
Well, so they said it's part of the Plan B network.
So they've set up some schooling and they bring me in to teach the technical part, which is basically based on my book, Programming Bitcoin, or the book is based on my class.
But basically, I teach programmers how to program the Bitcoin protocol from scratch.
So they really deeply understand it now.
And what do you think, if we're already there, when you visited El Salvador and saw like the young people that are coming to learn from you, what did you think about this trajectory and what is shaping up right now in El Salvador?
Yeah, so I've been there four times and, you know, at least six months in between each time. And each time I go, I'm just amazed at the improvement of the country. You can just physically see it, right?
so first time i went you know it was a little dingy you know there's garbage and you know
roads aren't that great and then the next time i come the roads are paved there's like more sewer
lines and stuff like that there's indoor plumbing everywhere and then you go back and then there's
like hotels being built and uh you know an amusement park a new library like everything's
cleaned up and then you go back and then there's like nice restaurants and malls it's just every
time i go i'm just like what happened like how come we don't have this in america right like
like it takes like 20 years to like fix one like interstate highway in texas it's like el salvador
they do it in like six months what what's what's going on yeah yeah well it's amazing to watch that
from from the side i'm going there soon so i want to witness it myself i i have your recent book
fiat ruins everything and i started reading it i love it i love all the small you know boxes that
you did with like catchy stuff and i plan to do a lot of um tweets from that i'll get to it but
you know i i want you to like tell the audience a little bit about um what had you right fiat
ruins everything when when really you come from a place where you are advocating bitcoin and
like wanting to show them why bitcoin is great and yet you put the emphasis on how fiat is ruining
everything yeah and i did that because i don't think most people realize just how corrupt and
awful fiat money is and that's something that i realized like uh while doing my podcast so i have
a podcast called bitcoin fixes this right so it's sort of the the ordinary to uh fiat ruins everything
and when i started that podcast and i started interviewing people uh the thing i realized is
okay it's not that bitcoin is so amazing that it fixes or like adds new bright stuff it's just that
fiat ruins so much that if you just remove fiat by adding bitcoin you just fix a lot of stuff
because the incentives change so many ways so um that's what i wanted to put the emphasis on
because i wanted people to have sort of that moral high ground right when you're advocating for
bitcoin it's very hard to sort of just say oh it's a good investment or like yeah appeal to people's
greed yeah instead if you appeal i mean it's easy to do that but i don't feel right doing that i get
what you're saying yeah and like some people get convinced by the investment case but i think most
people way more people get convinced from a moral case that it does actually ruin a whole bunch of
things and once once you sort of convince them of that then it's like okay how do i get into
bitcoin it's it's a much um much more sticky sort of like uh you know it's odd or belief system
once you understand it so that's why i would say organic um stickiness because our innate
and wish as humans is free will is choice right and if we live in a free world with free will
we want to exercise that and so once you manage to tap into that dna of a person it's like you
are born free do you want to maintain that or do you want to yeah really be enslaved and i think
what i love about what you do in the book is that it's kind of you know we're all fish swimming in
the water all the time without paying attention to the fiat reality that is around us and you
bring everything to the foreground you're like look at this look at that and people take it for
granted they think that that's normal they don't stop to think that it is not normal to live like
that we don't have to live like that and so i this for me like bitcoin has to be the moral
high ground and and to show it to people is i think is is um it's not just a blessing but it's a
it's a responsibility that we have i think as people that have moral ourselves and values and
yeah it hits deeper right like it and and you you want to understand it at a deeper level once you
recognize it's a it's a deep moral issue the the corruption of fiat money has just
yeah stolen value from everybody uh more or less except the very people at the very top who
take advantage of it for their own own needs but even for them there's like a deep moral corruption
among say the elites or the the people that are in power um and yeah if you know any of them they
they i mean they even just like looking at their faces right like it's just like something is wrong
with these people like you you could sort of detect it almost at a visual level but there
that moral corruption like is so like embedded into fiat that you you can viscerally feel it
and and when you connect people to that and bitcoin and saying okay like this is the fix
right this this helps sort of expose some of that then then they start understanding okay
yeah they then they become more advocates than just okay yeah i i made some money it's okay this
is actually fixing things and you can see it in this community right like they're they're having
more kids having families they're uh you know thinking about uh moral issues uh you know deeper
societal issues think about freedom and liberty like it's it's uh i think such a good thing to
get out of that fiat mentality 100 and that that takes me to um like the work you do you know i'm
being asked a lot about does bitcoin fix this fix that and i i have given it quite a lot of thought
lately you know with the war and everything that's happening where i live and it's quite
simplistic to look at complex issues and realities and go yep yeah fix that we'll fix that like
just bring it and it's no magic i think that and i want to take your i want to get your take on it
because i think that it is a tool to enable change it is a tool to enable even a transformation not
not just a fix or or a change but a deep transformation but in order to get there
you really have to combine that with some mental, spiritual, faithful kind of work.
If you don't do inner work, if you don't actually implement change in your life,
Bitcoin will just stay as a nice tool and maybe an investment.
But I think it brings you to the front where you have to implement some changes in your life.
So what's your take on, you know, it fixes this.
Yeah, yeah. And that's kind of what I wanted to sort of touch on in the talk, right, with virtues and vices of Bitcoin.
It's like in order to sort of stay in Bitcoin and really get the most out of it, you do have to walk this virtuous path, right?
Because there's so many ways in which you can sort of fall off either into no coinery or all coinery or scamming and things like that.
And honestly, a lot of those are moral issues.
And if you if you don't have don't develop the virtue to sort of stay on the right path, then you end up scamming.
You end up doing like sort of morally repugnant things.
And I think that's what you're touching on with respect to, you know, what you know, does it does it fix this?
Does it fix that? Because in a sense, a lot of, you know, what the problems that we see in the world,
obviously what's going on in israel and you know the surrounding region really really the entire
region is like sort of a flame uh yeah it does get to sort of like the human heart and you know
what the motivations are there because it's not entirely clear what the motivations of the
leadership are and they're the ones in charge right like what what why is lebanon attacking
israel like why why why is you know israel doing this and why is iran like it's not at all clear
what's going on and and that like lack of transparency uh is indicative of sort of like a
deep moral sort of corruption right like because if you were transparent about what what was right
or what was wrong then the population would agree with you but really like they just sort of
gaslight people into thinking okay those people are evil and these people are good and you have
to go do this because we're sort of propagandizing you into doing it instead of the right thing which
would be like actually measuring things from a moral perspective and saying okay what what's
right what's wrong what what's going on where where are we being unfair where where are we being
you know where where are we being taken advantage of or whatever and and then sort of decide as a
whole okay like here here's what the right thing to do is uh with respect to natural law property
rights and things like that none of that conversation is happening it's they attacked us
or maybe you know they planned something or uh you know they something i it wouldn't surprise
me at all if like the leadership in these countries like sort of like coordinated to
do something to
sort of create a war or something
like that. Sure.
That's what I think.
But this is the sort of like moral
corruption that you get into
because of the lack
of
moral responsibility because
it could cover it up with
money, basically. Like, we're just
going to spend more money to do this
and, you know, make people follow
us, basically.
yeah right um i would love to go deeper with you in like a proper episode that we'll do
in the future after i finish reading the book and like talk about a lot of those moral
issues in a deeper way because i really want people to get how fiat is corrupting the system
and it's not just some people stop at their level of understanding of their someone is making money
and that corrupts them it's not just about making money it's really about the virtues like you were
talking in your talk here about love about faith about deep moral grounds that you know people
don't even pay attention to how they stray off the rail so and i would i would love yeah yeah i mean
teach on what you said in the talk yeah so like uh you know i i framed the talk as like you have
these virtues and they're they're sort of like two ways in which you can fall off right so
with justice for example there's like falling off on the side of license right allowing pretty much
everything or despotism which is like trying to get everyone to do exactly what you think is right
and there there's a proper balance and that's that's fairness that's justice right um but you
know what what governments end up doing is going way towards despotism on some issues and going
way more towards license on other issues it's and they do it in a way to sort of give themselves
the most power possible right like when you're despotic about war could draft anyone you want
and like go get go make them fight but you know you're maybe giving more license on sexual things
right and it's a way to control the population okay now now you're distracted you're not um
you know uh this is what you're fighting for or something like that it's it's a very um it's
calculated almost to give themselves the most amount of power possible so that they can control
you know everything and the people in power tend to be sort of like control freaks anyway so
it's that that um you know getting away from virtue uh ultimately causes a lot of the evil
that that we're seeing in the world today right like including war including just you know theft
of all kinds and just uh you know there's just so much theft it like it makes me so angry thinking
about how just how profitable companies were in the during the gold standard right and this is
one of the chapters of the book it's talking about standard oil yes they one year they gave
out a dividend of 33 percent wow a dividend right so so a hundred dollar stock paid out
33 dollars in one year just for owning the stock and most years they gave out a dividend of like
15 percent right dividend not i mean like not yield yeah not not yield not not price increase
just dividend it's money you get for owning the stock and this this is how stocks used to be
value based on the dividend that it generates but of course like because uh of fiat money
like all of these things got inflated up right you get asset inflation and they're uh and the
profitability of these companies comes down um and all of the profit essentially ends up going
to rent seekers or bankers right because there's leverage buyouts or whatever you know you you you
have a company that makes 20 margin uh we'll do a leverage buyout and pay 10 of that margin to the
bank for the price of being able to own this thing now your margin is 10 somebody else comes in well
we'll we'll you know pay another five percent into the bank and acquire this again right like
this is a game that they get to play when you can print infinite money yes and uh but all all of
that productivity that belongs to shareholders or to the people that are working that that do the
make the make the stuff it goes to banks it goes to it goes to uh rent seekers it goes to
government bureaucrats it goes to all those people that aren't contributing very much
and that that's why civilization's been declining that's why you see crumbling everywhere that's why
see just all kinds of uh corruption and you know justification of sort of evil things that are that
are being done in the name of i don't know justice or whatever uh but ultimately it's it it takes out
the productive capacity of society because you have this access to loans money and all the rest
it's all going astray yeah jimmy um i want to ask you about the future trajectory or prediction that
you see for bitcoin because we're i feel like we're starting or entering this era of a crossroad
between like you know wall street and and government coming into play of bitcoin versus
the original ethos of the cypherpunks etc and how do you see bitcoin moving along do you think we'll
be seeing like a split not in terms of fork but just like ideologically between people that are
advocating for like non-kyc bitcoin privacy da da da and people who are like yeah that that's a
regulated way mainstream regulated way we're good we're good citizens and yeah i mean the thing is
you can't stop people from participating and if they want to participate be my guest but you know
they're they're used to sort of controlling things and they they'll they'll start doing
things like fractional reserve banking and things and on top of bitcoin yeah and and they'll try
the thing is they'll they'll get wrecked and there you can't bail out of bankruptcy in bitcoin right
like you yeah if you have uh a million bitcoin yeah you can't save them there's no printing of
it to save save other people so uh it'll be that that first failure will be very interesting to
watch because that's when the cypherpunks will be like see i told you and people will learn their
lesson like start self-custodying and but it takes some pain to get there uh but the pain's coming
because uh the banks are kind of known for that so we'll see so you reckon that's gonna happen
And what do you think will happen with the general acceptance of Bitcoin in the pleb community or the population?
How do you think they're going to view this as an asset?
Or there will be like a deeper understanding of the technology and the monetary asset we have here?
Yeah, I think people, the longer you're in Bitcoin, I think the more you understand it, especially the people here.
Like they're trying to educate themselves, understand not just the technical aspect, but the monetary aspect, like you said.
And that's a very important part because once you understand that it really is money, now it's something that you can use to plan for the future.
And if you can plan effectively for the future, well, you have an enormous advantage over everybody else.
And that means that you can not just run your business, but your life a lot better.
And, well, those people are going to be the ones that have big families and have children and, you know, set up for the next generation.
So, you know, long term, right?
Multi-generational sort of like looking forward.
I think Bitcoiners just win because no one else is even trying, really.
No one else is really even trying.
I mean, shit corners think that they're trying, but they're not trying.
We know it.
I mean, shit corners.
are the ones that are like thinking like alternative like marriage arrangements and
things like like they're like they're not interested in having children and like raising
them up or anything like that the bitcoiners will win because they're they're they're actually trying
right like they're and they're looking for the truth and seeing okay what works for the long
term they're they're the only ones actually planning for the future and you know the ones
that are planning the best for the future generally win so i i i think that success is
inevitable now like the transition how we get there you know i that that's hard to say we can
do about it anyway well and so much of it depends on what fiat governments are doing exactly like
what's going on in israel like okay i i didn't know i didn't consent to this but somehow now
you're in a war with like four other countries i don't know like what what's going to happen as a
result of that does like do they print money to cover it do they get like the united states
involved does you know like iran get russia involved there's a world war iii in the middle
i don't know but all those things like have an effect like have knock-on effects that we can't
necessarily predict right uh so but you know the general trajectory is that bitcoin becomes more
um more trusted as people see the instability of fiat governments and you know the people that
are in bitcoin because they are pursuing personal virtue um will win out in the end because they're
going to outcompete the people that are or outbreed the people at least uh that that aren't even
thinking about that yeah yeah okay i'm with you um is there anything else you want us to chat about
before we wrap up i want to do like a full-on good episode with you but for this short snippet
that we're stealing you for yeah um i mean i i well it's probably for the next episode but i i
would love to hear like your perspective on what to do about palestine right because that that is
for me like just uh you know property rights wise and everything i i get their plight and
but like how do you practically solve that and how do you get around to doing something now that's
that's more of me interviewing you but yeah i guess we can speculate on that because obviously
i don't know the answer i can speculate on stuff but i um i definitely think that whatever views
i will be bringing into the conversations will probably be minority views where i come from and
I see and know of a lot of the things that are happening in Palestine or in Gaza specifically
and I know that most of my community is simply not aware of anything not the history but also
not what is happening right now there because there is a complete media blackout about the
stuff that we, Israel, is doing in Gaza, and the propaganda is massive.
And so I think that when you are looking at the actual actions,
and yeah, we'll go deeper later, but the actions that Israel is taking in Gaza,
to me, this signals, this is a wipe-out project in order to build back better,
bring on multinational corporations big government contracts and contractors people like musk or
others to start rebuilding this area not just palestine but israel as well because it's also
being ruined in some areas and so i think there's a very big um corporation commercial play
in front of us and we we think there's definitely a violation of property rights
for palestinians but also for israelis we can talk about that too um but i think that people
are simply not aware they they constantly they don't have a zoomed out long-term perspective
historical perspective they just see what's happening now and then the retaliation or the
reaction to every step that is happening so they accept everything that's happening
whereas i look at everything and i go this is all playing out so beautifully to their
hands to the government's hand or the the larger powers that are driving this so that they can
come in wipe out rebuild print more money to fix that and and then rebuild it in a different way
so that it suits their agendas and so yeah i think that if there is no major power that is going to
interfere with this trajectory in the next year or so or a couple of years then i think we're
going to see some major destruction and rebuilding or rehabilitation in this area
not in a good way not in a way that will favor the people that will favor humans i think we are
still going to experience a lot of suffering both from palestinians and israelis although they're
not aware but yeah they like a lot of suffering is going to be experienced in this region in this
area and as you said sometimes i guess through pain people start to understand i don't know
not that i think that anyone deserves this pain not at all but i don't know if it's a catalyst
list for change yeah yeah it's so at least when i visited israel one of the things that struck me
was uh there were actually some people protesting the covid stuff and i was like this was one of the
countries that that was like so big on lockdown so big on like vaccines and for two years in the
streets yeah with my son yeah yeah like police uh fire not fire water hoses yeah the whole thing
police violence and but we were but that that's that feels almost like um like a dry run for
what's what happened later it's like okay yeah the build back better stuff okay let's see how
they take this and then yeah condition the society and the population to accept really
horrible stuff yeah but i think this is an experiment that has been running for 75 80 years
already longer but 75 good years for sure because you know you look at the history of israel
these people are conditioned to believe that they are in constant state of existential threat
all the time they live in fear they live in like did you ever know that the speed in which
Israelis are able to snap in and out of an emergency situation is phenomenal like it
happened during lockdown like you would be locked down you'd be you know you'd be told
sit at home for like two weeks three weeks and then they'll go okay now you can leave the house
and you know in Germany or in other places you would see that it would take people a long time
to like get back to normal in Israel it's like the next day everyone's back in the street like
living
and then there's lockdown
everyone's at home
it's like
we complete very quickly
because we're almost trained
to be like
sorry that I'm offending anyone
but it's a bit like dogs
you know
you
how do you say
tame
you tame
a population
to like
snap in and out
it's deep deep programming
it's quite disturbing
it's interesting you say that
because
at least
I've talked to
people that used to live in
former Soviet Russia
they they describe things very similarly so like constant existential threat right like the
the propaganda that they're receiving is you know the west is about to attack us and you have to be
prepared this is why you have to work diversely and get get like these weapons out or you know
like continue to supply whatever and that that was uh that was like almost like a constant part of
their existence and like one of the things that they almost all say is like i didn't realize like
the level of anxiety i was constantly under until like okay yeah i could kind of relax it's like
you're almost uncomfortable because you could relax right like um and and that like uh you know
like flipping from one to the other that's like like compliance and doing what the government
as again very similar yeah to like i don't know if you had a chance to listen to a guy called
yuri bezman of yeah yeah of course yeah yeah he describes it perfectly like the long-term process
that it takes to condition the society or the population to live under a constant state of fear
yeah and by doing that and creating generations that act and behave a certain way you are then
able to destabilize a nation because they already it's a fertile ground to bring in all these kind
of you know terror attacks or what have you to make people believe and reaffirm that that that
belief is true that they are being in a constant state of threat and that is what has been happening
in israel and not just israel in the u.s sure in the u.s in russia like you get yeah i mean
but you know what i mean yeah this is this it happens and staying in with my own eyes it's like
it's crazy yeah yeah and it's it's sort of like a way for them to control things and
it's all funded by fiat money so yes yes and that's why you know i i could be very doom and
gloom where with where i come from and with what i know and with the type of information that i
consume and analyze and put out there but i that's why i consciously try to like 70 80 percent of my
work would be focused on bitcoin or solutions or you know how to live your life in a different way
spirituality etc and maybe 20 30 will be dedicated to that harsh reality because i don't want to give
it too much space in my consciousness in my reality and i think that if people understand
that dwelling into that and they they are very powerful and they're successful by doing that
you let them harvest your energy and you let them play with your head so you need to consciously
choose not to play in that yeah i um in my talk i was talking about people that fall into despair
right like and there's so many people that's just like you know there is no hope they're all
interesting then you said they're not used to winning yeah right yeah i i really i want you
to say more about okay yeah because they they i i've seen this in bitcoin right they uh and i
don't mean you probably know people like this they're in a really good relationship with somebody
right and then they self-sabotage they're like you know they they do something that's completely
unacceptable and they they're not really sure why they did it but they they're sabotaging the
like a good relationship it could be a friendship it could be like a romantic relationship it could
be a marriage but they're not used to they they're uncomfortable when when they're winning right when
they're doing doing well i think they're there's definitely like a strain of person that's kind of
like that they they're so used to sort of being in the opposition they they want to be in the
minority they want to kind of be losing so they can always constantly be fighting so when when
they're handed a win they're like i can't accept this right like they and so for uh at least in
the bitcoin space these are the people that are like okay yeah i'm winning i'm i'm i'm gonna you
know go buy some shit coin now or i'm i'm now going to sell or it's no longer good or finding
some random reason for selling yeah it happens yeah definitely yeah and i think that when people
are not used to winning they will i think it's a lot more comfortable and easy to continue
complaining rather than take responsibility and when you win you have to create something new
yeah because you know one okay so now what yeah i won now what i do with that winning or whatever
it is so you have to stand up and do something mature and decide like take choices and well
And you've got to stop complaining and actually do things. Right. And and that's honestly what hope is about.
It's working towards a future instead of like being in the pits of despair.
It's actually working towards something. And that's unfortunately like something that people would rather not do.
They would rather, you know, complain and like not actually act to make a better future because now they're responsible for it.
Instead, you can complain about other people not doing what you want.
And it takes them back to the familiar cycle.
They know how to be in that place of complaining and things not working out.
They don't know how to be in a place of winning, of a victory.
And that takes leadership.
That takes far-edge leadership.
A lot of other virtues.
Yeah, a lot of virtues.
Because in a sense, you have to take responsibility for your life.
You have to exercise agency.
right instead of okay you know i'm always oppressed therefore i can never like conquer the
whatever ism that is oppressing me and instead you okay like now what now now you're responsible
for your life what are you going to do with it and that is a door that they don't want to walk
through they don't they don't want to have agency and responsibility and make something of themselves
start a family whatever it's no it all sucks and i just keep complaining and that's exactly
where i want my audience to step into that door of taking the responsibility and looking at your
life and thinking what you can build rather than complain that exactly where i want them to be i
would love for the world to be in that state and you know um i i gotta like um you know promote
the hat a little bit because that that's that that for me is encapsulated in that full cowboy
go west culture right where they would go out to the frontier just you know do like you know they
you know they weren't complainers right like it oh it sucks here or whatever they just went out
west you know i'm gonna go do my own thing i'm gonna i'm gonna go and make into reality what i
want to see exist right and these were the people that went out into the wilderness you know chopped
down trees made a log cabin you know like started farming or ranching or whatever these are the
people that made something of themselves and that i think is the spirit of this community the the
people that are making something of themselves trying to create and that that i think ultimately
builds civilization rather than bringing bringing it down now jimmy you're my favorite cowboy and
thank you so much for doing that yeah we're gonna take it deeper next time okay
so i really enjoy talking to you i enjoy talking to you soon
