Bugle Weekly Episode 28 Transcript
TLDR: If you want the TLDR on this episode, two HR professionals decided to do a woke review of the show where you can get a summary.
Or you can listen to the full episode on Fountain
Rp (00:06.68)
Yeah, welcome back to the Bugle Weekly on Rock Palmer here again with Dick Kreischer. It's been crazy week. Dick, what are you thinking about? How bullish are you feeling right now?
Richard (00:21.493)
Feeling pretty bullish, we're getting into pretty close to up-temper. What was the name?
Rp (00:28.139)
October
October, October. There you go. Yeah. September has been, September has been bullish, but it's usually a tough one. But everybody said it. Everybody knows the bull market kicks off in October. So
Richard (00:31.325)
October. And then pump note. Pump Fember?
Richard (00:49.547)
Yeah, I mean, think $2 trillion USDT is in play for sure.
Rp (00:54.998)
Absolutely. By the end of the year, honestly, the way things are going, the economy is really at stimulus. They're getting stimulus in China, middle East, Japan, Canada, Europe. It's, it's an excited time.
Richard (01:11.595)
Yeah, as we're recording this Bitcoin is trading at 65,700 USDT.
Rp (01:20.748)
I don't think we're ever seeing 58k again.
Richard (01:25.131)
I feel like we're gonna see 58k again this week just because you said that. I you cursed us.
Rp (01:31.893)
up Bolshino for almost an October.
Richard (01:36.937)
Go.
I don't know, it seems like every time somebody tweets, never see this number again, we immediately go back down. So I feel like that's like not a positive way, but if you just make like really bullish price predictions, it just tends to go up.
Rp (01:52.398)
That's fair. That's fair. But to, it's been kind of a crazy week. What are you thinking about? What has happened since we, the podcast at last?
Richard (02:03.871)
Well, I took my wife dress shopping. We have a family event that requires wearing nice stuff. know, women can never wear the same thing twice to those types of events. So she needed a new dress. And I forgot my headphones, so I was unable to listen to Bitcoin podcast. And so I six, around six.
to eight hours, I can't remember specifically, dress shopping with my wife, where most of it I was not doing anything, could have been listening to Bitcoin podcasts. And so that was pretty, it was an unfortunate mistake. And I know there's a lot of people out there that, you know, really struggle to get their 40 hours a week in. But you just need to look for opportunities like that in order to be able to.
get your hours in. And if I had done that, it would have been like almost a half work day, know, eight hours of Bitcoin podcast.
Rp (02:59.404)
Right. Right.
Rp (03:06.606)
Right. That's, that is how, how a of people have learned to stay efficient and how they have learned to, put in the work necessary to afford to be able to pay taxes is you have to be more efficient with your time. Like everybody's the same 24 hours in a day, but if you can turn like babysitting your kids, church, going dress shopping with your wife, your commute,
you know, some, needing at work. That's not interesting. If you can use that time to listen to big court podcasts instead, it's like you're putting in, especially if you listen at like 1.5 speed, you can, you can get in more hours, more than 24 hours in a day. could get, you know, up to, you know, 30, 36 to 42 hours of podcast in a day. If you just are more efficient with your time.
Richard (04:00.235)
So, I don't know, kind of considering our listeners' time, I wonder if we should start podcasting at 1.5 speed to help them achieve their goals a little bit quicker. Like, how much coffee?
Rp (04:15.968)
I think, I think, I think that is a mistake. I think the best Bitcoin podcasters, especially when they're podcasting, they don't, they don't think about the concept or the value of time. Like why else would they be podcasting? Right. If they just don't understand the value of time, but that's, you don't want to understand the value of your listeners time because that person is, they could be listening years.
Richard (04:20.192)
Yeah.
Rp (04:44.974)
months in the future in a different country, in a different, just a different era, the value of time. If you don't want to try to predict the value of time for your listener in the future, you, you want to let them choose the value of their time and how much they listen to you and at what speed. If you are a good enough podcaster, you will, they will want to consume more of their time listening to your insights. And so they'll have to turn it up to 1.5.
If you're not that good of a podcaster, they might want to listen slowly so they can absorb what you're trying to say.
Richard (05:22.507)
What if we slow it down then? And so like 1.5 is actually one.
Like how much like heroin or alcohol, like what would be the best substance to like really slow us down in order to allow that to happen?
Rp (05:42.51)
I don't know. think that at least from my perspective are the amount of podcast hours that we've listened to in our lifetime. We have a time preference that's much lower than most people. So we have a lot of extra time to podcast. And when you have such a low time preference like this, it's just, you can cover such abstract.
high level concepts. It does take the listener maybe multiple listens, multiple slow down the speed so they can absorb it all. It's a little bit more advanced that they can understand.
Richard (06:27.482)
Well, at the beginning of the episode, we played a recruitment ad for the Orange Berets. I'm not sure if you wanted to talk about that.
Rp (06:39.31)
Though I just think it's notable that the space force has decided to add, you know, or they've got it launched in the lead. It's like the Navy seals or the army Rangers, the army green berets, the Delta force. It's that version of cyberspace, cypher punks. And it's to be able to be so good at using Bitcoin and to have such a good understanding that they've the minimum to get in is 21,000.
hours of Bitcoin podcasts. So when you get that much podcast hours in, your time preference becomes so low that you can manage any situation and transact adversarially and stay calm. It's when you have that, an elite professional force of people with that low time preference, it's going to be very hard for like North Korea or, you know, hackers, Russian hackers and bots to, to get past.
Sporses like that.
Richard (07:40.491)
How do you track the hours listened to? How do you make sure that people have 21,000 hours?
Rp (07:47.276)
I think that they've got some sort of a device that they, they use that neuro-link implant and they can base, stream saps to a department of defense. It's hell like fountain. No, it's a proprietary. It's top secret to the department of defense. The tracks, how many, how many hours you're consuming directly through a, through a value for value information exchange between your mind or the soldiers minds and the government.
Richard (08:17.075)
Interesting. wonder if there's a good way to... I think probably the easiest way to track would be depending on found in minutes streamed. Like how many sats that people stream towards episodes. Also is how many podcasts they boost.
Rp (08:35.118)
And think there's also just a, a way that somebody handles the situation or the way that they understand, you know, a podcast that they can recall that perfectly fits a situation that they might be encountering. think that that just comes with it. You can start to see that in their performance. They're like, like this person is elite. Like it's a high level podcast. Cause I heard somebody the other day, they're kind of a noob and they were talking about setting up. really complicated.
multi-signature wallet, self-custody with, with their keys, the private keys backed up and distributed kind of geographically. And they were gonna put their entire life savings for them and their family into this wallet. And I said, I know you kind of just found Bitcoin a few months ago. Do you think you're ready for this? And he said, well, I heard, you know, a Bitcoin podcaster talk about doing it. So if he can do it, I can figure it out.
And think that a lot of people have that, that perspective. And I think it's naive. And I think that you, one of the biggest mistakes you can make is under, she's underestimating the skill and sophistication of a Bitcoin potting industry.
Richard (09:52.204)
Yeah. I'm wondering if we have any good examples of this. I bet somebody who's like that is Pies de Pleb. One of our most loyal boosters. He is somebody you can totally tell not only has listened to 21,000 episodes or sorry, hours, but also, you know, continuously grows that amount with 40 hours a week. but yeah, I'm trying to think of any other like examples of people that we've met in person.
that really blew us away, that really...
Richard (10:30.027)
I think...
Shadow Rack would be one.
Rp (10:35.915)
Shadrack for sure, yeah. He's got... I mean he's got a look to him. He looks like a cypher punk.
Richard (10:43.625)
Well, know, our first interaction with him ever was him actually pulling a hat out that said, credentialed journalist on the side.
Rp (10:56.046)
True. He's an early adopter for sure.
Richard (10:57.109)
Yeah, that's wrong.
Richard (11:01.069)
And he offered to sell me non KYC cigarettes all at the same time.
Rp (11:06.286)
That is that just, I mean, that goes to show you what I'm Shadrack knows how to talk or how to transact adversarially. We had no, you you'd never met him before. He shows up to rest to the gills and Bitcoin memes and bugle memes, and he starts offering non-KYC cigarettes. You know, right away that this guy is for real. He's legit. He's, he's got gets it.
Richard (11:33.835)
fundamentals you think he's gotten there I know he just recently got into Bitcoin
Rp (11:40.962)
Yeah, I think, well, listen, they, some people are their rookies. They're their rookie year and they, put up a Caitlin Clark, one of the best rookie years in WNBA history. One of the best players in the entire organization or first year, but she's still a little inexperienced is to only get better. If fundamentals is the same way when it comes to a newb, he's brought down, gets things right away.
He's got a lower time preference than people from 2017 and he's just a new, that's crazy. but still nothing makes up for experience in time and Bitcoin.
Richard (12:20.159)
Yeah, that makes sense.
I feel like Udi is almost like a newcomer to Bitcoin, even though he's been around a while.
Rp (12:29.102)
He's like the prodigal son. He's kind of coming back and everybody's kind of glad that he's brought back the wisdom from other blockchains that he has. It's been very, very obvious that he's adding value.
Richard (12:46.111)
Yeah, I'd agree.
Richard (12:52.799)
Yeah, it'd be really interesting to see just like a squadron of these orange berets running around the conference. you know, imagine next year at the Bitcoin Magazine conference, a battalion of orange berets show up and it like a hundred axes what Corey attempted to do with the swanfluencers that one year.
when they were running around in their Air Force jumpsuit.
Rp (13:25.494)
Yeah, that would be a sight to see, but I think that, I think that the best orange berets will be out of sight.
Richard (13:38.795)
They'll be operating undercover.
Rp (13:39.32)
I don't write, right? They will be incognito like a browser.
Richard (13:46.281)
You don't think that, you know that if you use one of those incognito browsers on the correct Linux distro on a typewriter, the FBI can't see what you're searching, right? I don't know if you knew that.
Rp (14:02.242)
Right, exactly. Like it's, it's safe. Like if you want to be a cypher punk, you gotta use incognito modes. Sometimes it's all you can, all you can use. That's all you need.
Richard (14:10.837)
Yeah, but like, you know, there's like certain things that you shouldn't use incognito mode. So like, you know, when your wife is checking your browser history, like make sure that you do all your Bitcoin podcast stuff, all your searches, not in incognito mode. So it saves your, browser history so that, so that she can be in orange pill.
Rp (14:32.77)
Yeah, for sure. go ahead.
Richard (14:34.303)
So, so I, okay, I want to segue into something. So I, I recorded with high hashrate last week. That was one noteworthy thing. And I.
Rp (14:44.495)
nice dice, how did that one go?
Richard (14:46.899)
Well, I had a breakthrough. I realized on the podcast why there's not that many women in Bitcoin and how that will change.
Rp (15:03.244)
What did you discover? What did you realize? Your epiphany.
Richard (15:07.765)
So, you all these people that have wives that are in, you know, Bitcoiners that have wives that aren't into Bitcoin yet, or they're kind of tired of hearing it, or, you know, guys, orange shells that have gotten on lots of dates but have never tried the orange pill a day. The primary thing that, you know, I think all these men are failing to understand is that women just want to be listened to, right?
Rp (15:33.75)
Right, right. So they're trying to mansplain Bitcoin, right? And that's not what the winner want to hear.
Richard (15:43.017)
No, no exactly. I mean the women don't really want to hear anything, know, except for you just like shut up and listen to them and ask questions. You know what mean?
Rp (15:55.806)
How can you exploit that discovery to Orange Pelton?
Richard (16:00.917)
Well, I think one of the primary ways is to bring, just ask any women that you can find to come on your podcast. And that way you can just listen to her and ask her questions. And then when she realizes that there's a huge audience that like will boost her on Fountain and listen to what she says, she's going to become very interested in Bitcoin.
Rp (16:10.029)
Okay.
Rp (16:25.558)
Right. Like once she finds out that she can talk about this one subject and just make a lot of money, have a lot of people listening and have a lot of people paying attention to them, that that that would incentivize incentivize her to, to get into Bitcoin.
Richard (16:45.203)
Yeah. Well, they're just kind of incredible things. So, you know, because there's such few women in Bitcoin, the few women in Bitcoin that are here seem so much more attractive than they would be if there were a lot more women, if there was like a harder difficulty adjustment upwards.
Rp (17:02.412)
Right. So it's, it's like the early adopter advantage. You can be kind of just need or just mildly attractive as a woman and really get that, that market share quickly before a harder competition. Yeah.
Richard (17:17.461)
Yeah, there's this term... They have a term for this in the military, you know, because like when troops are deployed, they don't get to see a lot of women. And so women that they do see seem lot more attractive than they would if they were at home. And I forgot what the term is. They call them like...
Rp (17:36.8)
a desert queen.
Richard (17:38.645)
desert queen yeah I was watching a movie where Tina Fey portrayed a credentialed journalist and
Rp (17:40.268)
Yeah, I've heard that.
Richard (17:53.853)
in Kabul, Afghanistan and they call them Kabul Goggles. Isn't that one?
Rp (17:59.374)
That makes sense. So it'd almost be like conference goggles. Going to a Bitcoin conference and having conference goggles on.
Richard (18:08.831)
Yeah, I wonder if you could call it PodCoff goggles.
Rp (18:12.224)
Odd gump guys, yeah that'd be perfect.
I bet you there will be, I mean, I just think when we're in Vegas, there's going to be a lot of hot feds there. You won't even need conference goggles. You'll just see a hot girl in a red dress and she'll want to talk about, you know, how sad she is that what Bitcoin did switch to Nostradamus. And you'll be like, hell yeah. I'm talking to this girl tonight. She's definitely one of the hottest feds here.
Richard (18:40.52)
Where do you think the feds were sending their hot agents previously before Big Quinn conferences?
Rp (18:52.462)
Why the heck?
Richard (18:52.724)
Like, were all those resources being centered around?
Rp (18:57.464)
They were probably sending them to, to wall street conferences, to, gun conferences. mean, they, it made a, the lady in charge of the, the NRA, the, the, a lot of right wing podcasts in like some of those, areas that that's where they set their objects.
Richard (19:21.033)
Yeah, I bet they sent him to like, militia groups. All sorts of things like that.
Rp (19:30.412)
Right? Like these, these, these women know how to, transact adversariously. You have to be on your, on your toes because they will, they will definitely drain your custodial lighting wallet when you're asleep. If you're not careful.
Richard (19:46.655)
Well, they figured this out in Mexico. you know, like one of the more common journalist jobs that the feds like to take is being weatherman. I don't know if you ever realized this, but you see it. So, you know, why, why the feds, why do they want to be the weatherman on the local news is because they want to be able to explain all these weird weather phenomenon.
Rp (20:02.156)
No, no, go on.
Richard (20:15.881)
that happen as a result of the CIA manipulating the weather, right? And so they do this a lot in Mexico and all throughout the global south, where they have extremely hot weather reporters in tight dresses. And those are like the globe, you know, these various countries version of their intelligence agencies. So that's where like the hot spooks are.
during the weather.
Rp (20:45.238)
interesting and they could theoretically when they see the value they could come to Bitcoin Blacktest and spend that energy there.
Richard (20:58.473)
Well, one of the things that was really crazy, I don't know if you watched Mark Zuckerberg at all, his pro-
Rp (21:05.327)
yeah, yay.
transformation is crazy. He's trying to, he's trying to sing cool. Seems like AI is helping him to kind of connect with, you know, regular people.
Richard (21:09.279)
Yeah. Yeah, I don't...
Richard (21:25.003)
Well, yes, 100%. The thing that was very fascinating about it all, I've started to see this on other platforms as well, is they have live dubbing, so language doesn't matter anymore. And so what that means is the internet might all be connected in a way that it wasn't before, because language has been a big barrier on here.
Rp (21:43.937)
Interesting.
Rp (21:54.434)
Right. Right, dude, we can just share memes now.
Richard (21:55.629)
We're.
Richard (21:59.561)
Which means that we're not going to be like our Twitter feeds and spaces and podcasts and stuff like that. It's not going to be dominated by hot American feds, but we could have hot podcasters and feds from the global south. So we could have some big booty Latinas like dominating Bitcoin, Twitter and various platforms.
Rp (22:26.744)
That would be very, that would be big base to orange pilling, big booty Latinas.
Richard (22:33.545)
Yep.
Rp (22:33.816)
That would really change the game. would really spark engagement. It'd be very useful.
Richard (22:41.269)
Yeah, it'd be pretty, I don't know, dynamics are shifting and, you know, I'm kind of afraid for many of the male podcasters that there's almost, so I know like last week we talked about how a lot of, you know, trans women, you know, men that transitioned to be a woman are starting to see, you know, pay discrepancies for being women. I think a lot of these
hot BBLs are going to actually see a premium versus like a loss in revenue.
A lot of the male podcasters might turn around and have to transition to being women just to their audiences and revenue up.
Rp (23:30.146)
Wow, yeah, so it's like...
There'll be so many more. It'll drive sass wages down. It'll drive down the salaries and they'll have to have a higher audience. won't be able to just get by with a small audience. You'll need millions of listeners. And the only way to do that is to become a hot big booty Latina.
Richard (23:53.695)
Well, and there's also the route. you know, something that was very interesting that happened this week is that it's Kaylee's rival, Hayley Welch, the Hawk to a girl. She hinted at doing an interview with Michael Saylor, kind of hinting that she's going to be a Bitcoin podcaster. And I think you were telling me that currently she is like the third biggest podcaster in the world.
Rp (24:11.32)
for a while.
Rp (24:22.254)
Right. She's, I don't know about the world, but in the, five, top 10, whatever rankings for us podcasts, she is right behind Tucker and Joe Rogan. She's number three. She just recently surpassed Candace Owens, another hot bed. So she's up there. And if she makes the pivot to a Bitcoin podcast, could be the first number one podcast in the world. That would be a Bitcoin podcast. And it would be, you know,
a girl who did it, won't be pop or it won't be, you know, Peter McCormick.
Richard (24:58.837)
So yeah, I mean, that's what's so crazy about it is that she might be bigger, the biggest Bitcoin podcast ever. Not just currently, but she, you know, theoretically could surpass all of Peter McCormick's listeners, like total podcast listens in like a month. That he's done in his whole career. Yeah.
Rp (25:09.601)
Overdied.
Rp (25:18.254)
Right. Overnight. Almost overnight. Right. That's what that means. It's, it's so we, we hope she read the Bitcoin standard issue. We she listened to 40 hours of Bitcoin podcast because otherwise, it will be the ply and leading the blind, which is number one.
Richard (25:38.879)
Yeah, but I think, just think about like, her orange pill, her orange pilling is gonna accelerate so much, you know, by having these different guests on. Like, this is something that was very confusing.
Rp (25:50.478)
she could surpass Dennis Porter.
Richard (25:56.139)
That is a bold statement, but there's a non-zero chance that's possible.
Rp (26:02.924)
Right, like she could completely obsolete Dennis Porter. That is a risk. She could become more important to Bitcoin than Dennis Porter before the end of the year.
Richard (26:13.749)
Yeah.
Well, I think they would compliment each other because. You know, there's a lot of politicians that aren't into like super alpha males. Like if Robert Breedlove or Dennis Porter walked in the room, they'd probably feel kind of uncomfortable. when there's like a young girl that looks borderline underage, they get really excited. And so.
Rp (26:42.732)
Right, that's true.
Richard (26:45.853)
Like there will always be a place for Dennis because there's all these like, you know, crusty old ladies that like Elizabeth Warren and AOC and Nancy Pelosi that, you know, Dennis will get them really, really excited as he orange pills them. He just has like a really like sweet way of doing that with some of these older folks.
Rp (27:14.798)
That's right. So everybody really just needs, there's an audience for everybody. And it's just a new audience that Haley would bring in. And it would be a very, a wider level of influence, maybe lower value influence, but a higher level individual influence, punch points. Yeah.
Richard (27:29.481)
Yeah.
Richard (27:33.483)
Yeah, I mean, so I mean, if you just think about it, so like if if Dennis Porter went and tried to pill like Hillary Clinton, like he would be incredibly effective at doing it because, you know, she's probably feeling kind of lonely and, you know, just hurt. But if you sent Kayleigh to her, she would just be like, wow, you're just like, you know, 20 of the women that
that Bill has slept with and cheated on me with.
Rp (28:07.106)
Right, right, exactly. Another, and go ahead.
Richard (28:11.817)
B
I mean, they just like this is the thing that people have to understand is like they have to understand the market. And instead of feeling threatened, they have to adjust to it. So like if you're a male Bitcoin podcaster, maybe you should you should consider transitioning into a woman. Maybe you should like look at doing something more interesting. That's not like the same thing as everybody else.
Richard (28:43.871)
But yeah, I mean, there's, there's just, there's stuff to be learned here, but I predict women are going to coming in and mass and taking over. like, this is why Alex Fetzky is so uncomfortable right now and why he is, you know, talking about women need to stay in the kitchen is because like, he's very afraid that his podcast is about to get decimated by people like Kaylee and Haley.
Rp (29:05.506)
Right. And he sees the threat and he sees the threat and you don't, you have to be careful of a, of a cornered, a cornered podcaster. you put a podcaster in a corner, they can lash out and it can be pretty damaging to different sponsors and advertisers that, are looking to kind of stay uncontroversial. But then you kind of put them in a really, you put podconf in a weird position.
if you get a little bit too ideological sometimes.
Richard (29:38.609)
Mm-hmm. I don't like that.
Rp (29:42.264)
They don't, they don't like it. but another big thing that happened to me is today or this week, excuse me. did you, did you happen to see that swan that lawsuit? Did you happen to see that, or read that?
Richard (29:56.841)
I did, I actually had a bunch of different CEOs of different companies in the space reaching out to me for DMs asking if I had the actual full copy of it, which I of course did, because I'm a credentialed journalist.
Rp (30:13.164)
Right. there's a bombshell, right? A bombshell. It's a pretty strong, strong accusations, that, let's, let's be frank, Tether and, and Corey, they kind of had a disagreement about how to, to use dollars to, to strengthen Bitcoin, to make Bitcoin better. so
Richard (30:15.372)
it was pretty wild.
Rp (30:42.666)
after the, the, the Tether CEO basically said, I think the best CEO in all of Bitcoin is Corey. And Corey said that he told him that multiple times, but it turns out that he, he decided to learn the trade secrets of America's best Bitcoin CEO and use those trade secrets, steal them and use, use those secrets.
to make their own employees, the swans own employees, help them steal those secrets and create a new company that other controls. Just a wild story. just can't believe that that happened.
Richard (31:24.649)
Yeah. I mean, the lawsuit was pretty damning in multiple ways. So in one of the ways it was pretty damning of Swann in particular, was it really suggested that their HR processes are not that great at doing due diligence on employees. know, Swann HR, it's a very powerful institution.
Rp (31:33.496)
Right.
Richard (31:50.123)
Swan employees are very restricted in what they can and can't say for whatever reason, such as they can't say or comment on whether Lin Alden is hot or not because they're afraid that HR will have some sort of retribution at doing something so innocuous.
But yeah, I mean, if you if you go through the swan and play handbook, like one of the one of the core tenants of you. That you want to add to you have to have while working there is that you're trying to do what's best for Bitcoin, right? And and so something that Corey was very passionate about, you know, which, you know, is one of the core tenants of PodComp is using dollars to make Bitcoin stronger. And so this lawsuit alleges
that these employees that broke off from Swann, that you just went into a little bit, that at their core, they didn't want to use dollars to make Bitcoin stronger. They were actually allegedly more interested in making dollars for themselves.
Rp (33:02.188)
Right, right, they s- yeah, exactly, was a fundamental-
contradiction in values that these people were trying to work together to make Bitcoin stronger, but really they just wanted more dollars for themselves.
Richard (33:19.177)
Yeah. So, you know, I learned a little bit about Swann's hiring practices as a result of, you know, my interest being Pete at this, this article. But did you know that, you know, as Swann hires different people, know, HR actually records a podcast with the prospective employee, which Brady Swenson
Rp (33:42.638)
course.
Or yeah, that's something for the hiring managers to listen to, to see if that person is good for Bitcoin.
Richard (33:55.849)
Yeah. So, you know, kind of going back to, you know, you're you're explaining to me how the Orange Brewery selection process works. I mean, this is something, you know, I'm kind of concerned about, you know, is if we're if we don't have a good way to document whether or not somebody is listening to enough Bitcoin podcasts, they might be able to deceive us and pretend like they're.
Rp (34:24.536)
Yeah, yeah, that's right. Like this, how a lot of people are thinking, how do I prevent this from happening to my company? And here's part of the problem is, is you probably know who Preston Pish is. he's a podcaster in the space. His podcast is called Lee's study billionaires. And so what they do is they study billionaires. They study their, read their books, they study their, their public statements, their letters to shareholders, and they try to learn.
What very successful billionaires, they try to learn their trade secrets. They try to learn about how they do business so they can emulate that so they can copycat it and make a lot of money themselves. Well, that's what tether was doing. And it's what a lot of people can do. Unfortunately, because with swan. It's so many podcasts and Corey would go on so many different podcasts. You'd go on YouTube, you would go on the swan channel and he would, he would tell people his trade secrets.
and what he was doing and how he was becoming going to be successful. unfortunately, to have their stolen secrets by listening to all these podcasts, and you can do that too. There's not a good enough protection for people to share their ideas on podcasts and not have been stolen in the ease to build successful businesses. When it's like, was my idea. I shared, this is the podcast I shared it on. I should be able to see, this is a copyright infringement.
Richard (35:54.667)
Okay, so that's pretty interesting. like, know, HR, like with every employee interview would record a podcast that Brady Swenson would have to listen to. Do you think that they were potentially doing that to ask a bunch of potential hirees ideas and then take their ideas? And that's why the podcast was recorded?
Rp (36:17.122)
Yeah, exactly. And it's not just the one submitted to HR. Every podcast that they sponsor is basically subsidizing getting people to come on and give their best orange pilling story or give their best idea for a new Bitcoin product. And then they can take that idea and implement it. And if it's successful, well, did that, that was, you know, it was just, it was cheap. was the setting of a product developer.
Or somebody on staff, you have to pay a salary, expensive salary for them to build products and have ideas. You just take them from podcasts.
Richard (36:56.573)
was was pressed in on the payroll at any point.
Rp (37:03.95)
he's on the payroll. Yeah. For swan in the past, think of with river with others. mean, there's multiple companies in the space who are advertising on and sponsoring Bitcoin podcasts and taking, taking those ideas.
Richard (37:20.318)
Interesting.
So essentially they get all this information on billionaires for very little money.
Rp (37:30.094)
Exactly. the thing, the difference is billionaires like Warren Buffett and Ray Dalio, they're, they're very, they know what they're doing. They are, they know what's going to be studied. They know that their books and their content is going to be studied. So they're very careful about what they say and the information that they share. And I think that Bitcoin podcasters have to learn that same discretion if they don't want
their ideas to be stolen by other companies.
Richard (38:03.733)
Well, this is something that Meme-er's been struggling with for years, which is dealing with how to deal with Dan Held's theft of intellectual property in the form of memes.
Rp (38:14.934)
Right. It's, it's, it's harder. It's a lot harder to defend intellectual property on a meme than it is a podcast idea. I guess this is, if you're going to share a meme, you can kind of expect it to be stole.
Rp (38:33.784)
by Dan Held.
Richard (38:36.723)
Only if it's good. He only steals good memes. So maybe that's like a good barometer. It's a good barometer.
Rp (38:39.19)
Right, right, of course. That's unfortunately how you know it's a good one. Yeah. Right. Kind of like an ironic barometer.
Richard (38:52.661)
Well yeah, I mean this lawsuit has been very interesting.
Rp (38:54.978)
That's why you have to put watermark. That's why you have to watermarks on it. That's what strike learnt.
Richard (38:59.018)
Yeah.
Well, this whole lawsuit has been really interesting and it's been fascinating to watch everybody on Bitcoin Twitter become legal experts almost instantaneously.
Rp (39:15.182)
That's part of the right of all is studying not just cryptography and economics, but also law and having, if you listen to enough Bitcoin law podcasts, mean, that's equivalent of a law degree in terms of education.
Richard (39:36.703)
Yeah, it's... I don't know, I think people...
Rp (39:40.118)
If you follow Joe Carlasar, that's like, that's, that's an education in and of itself.
Richard (39:45.387)
People in and around Bitcoin, they just need to listen to a lot of different podcasts. So let's see. need to calculate it real quick. 24 times 7. So there's 168 hours in a week. And so, you know, if you quit your job, you could do 40 hours of Bitcoin podcasts a week. You could do...
40 hours of legal podcasts, we do 80 hours of podcasts.
And I mean, how long would it take you to become a credential lawyer? Doing that, you think just listening to legal podcasts like that.
Rp (40:29.282)
Let's see what is... Law school.
semester credit hours. So you have to do 15 credit hours each semester, each two semesters per school year, three school years and law school. So that's
Rp (40:55.214)
90 hours, any credit hours to become a lawyer. I've been 90, law podcast. Do you have to listen to
Richard (41:04.789)
So I have, I don't know why Foundin isn't doing this yet, but we all know that podcasts are like the primary vehicle of education and something that's really important for education to like be shown or displayed is passing tests.
Rp (41:31.116)
Right. So you should be able to pass, you should be able to interactive tests through no stir integrations on fountain to prove that you've, gained, you've learned that the subject material that you've been listening to.
Richard (41:31.402)
Later.
Richard (41:48.191)
Yeah, this would probably be the way that we push back against people that are just kind of pretending to listen to podcasts. Like that Rafa guy that used to work at Swarm.
Rp (42:04.174)
Exactly. Exactly. Like this, it would be like, to become a lawyer, have to take an exam, a licensing exam. And that's how people know that you have put in the proof of work and studied law for 90 hours in college.
Richard (42:26.057)
You know what my favorite?
Rp (42:26.094)
If you've listened to 90 hour, no, you could take a test. You're a Kurt Denchel Bitcoin law lawyer.
Richard (42:33.407)
Well, that's one thing that you you have to there's a type of person that that is good test writer. And what they do is they just like pick really like obscure and nitpicky things that are only mentioned on. Or like in the in the lectures, just so that you can only pass it if you actually attend class. And I think we could do that with this.
Rp (43:02.318)
yeah, that'd be the easiest one where you just, could study, you pull stuff out of the transcripts using AI and develop tests where it's like, if, if, this wasn't worded as like, or signal or flagged, but this question would be on the test.
then the person would fail. They wouldn't be on the exam.
Richard (43:25.225)
Yeah, I mean, I think there's so many ways to revolutionize credentialism. Because I think. Like one of the issues that lot of young people are facing today is that their student loan payments are getting in the way of them paying taxes. I don't know if you've seen this at all in the news.
Rp (43:35.566)
Yeah, lightning salts this, right?
Rp (43:54.466)
Yeah, yeah, absolutely. It's, one of the biggest impediments to, the U S basically getting enough, raising enough money to stimulate the economy.
Richard (44:05.481)
Yeah. Yeah, it's unfortunate because a lot more money could be sent to Israel right now. in order to just... Yeah.
Rp (44:13.39)
If there wasn't for state loans and that's, and that is, know, it's, it's a well known fact that Arab countries such as Qatar and others who are aligned with some of Israel's enemies, that they have a lot of control and a lot of investments in colleges because the higher they can make your college degree costs, the less taxes you can pay and the less that those taxes can be used to support Israel.
Richard (44:44.585)
Yeah, I wanna hear like a good breakdown from Jimmy's song on how Bitcoin fixes this.
Rp (44:52.046)
I hope he listens to this. hope he thinks about that. Cause this is, it's, it's easy to talk about stuff like religion or how Bitcoin fixes the education system in the United States. Like those are pretty easy. We figured that out already. Bitcoin, how Bitcoin fixes this, but fixing in the least is it's been a problem for thousands of years. Gold didn't fix it. The Petrodollar didn't fix it.
I think Bitcoin can fix it, but we have to figure out how does Bitcoin fix, you know, Israel, Muslim Jewish relations. our ultimate, it's our ultimate test.
Richard (45:30.389)
Well, I think one of ways it fixes it is, well, it props up the relevancy of the dollar long term because when the US government buys it and pumps the shit out of it in price, this is why I'm so bullish on the price. And I think it really can reach two trillion USDT next month is
essentially for that reason. so what that ensures is that the Israelis are able to indefinitely benefit in assisting the US government from stimulating the US economy by perpetuating conflict.
And so the CIA will fund the Arabs using Bitcoin in order for them to have money to buy and launch missiles. then using tether in US dollars, the US government will buy missiles to send to Israel to shoot down the missiles that are
And then just what this ensures is just like a very vibrant US economy where, you know, some of the most valuable
corporations like Halliburton and Raytheon and Lockheed Martin, you know, just have infinite funding. And this is, you know, good for people on all sides, because even though, you know, a lot of Arabs are going to get blown up by Israeli missiles, and, maybe some Jews will get blown up by Arab missiles, like both their economies will be booming, essentially from the influx of
Richard (47:30.812)
jobs and money coming from outside. it's just going to make things a lot more efficient.
Rp (47:39.566)
Yeah, it's, it's not that makes me more bullish than looking at that situation in the no leash right now and seeing like the positive effects that the coins can have.
Richard (47:50.431)
Well, you know, like right now, Israel has two wars going on at once. You know, imagine like if they stabilize the energy grid. In Israel with Bitcoin mining, if a bunch of the residents are running demand response with their bid axis. Like they could be launching three or four wars. All at once.
Rp (48:18.168)
more thermodynamically sound your energy system is in your monetary system when it's in harmony, the more war you can afford.
Richard (48:27.785)
Like maybe they could directly, with the US's assistance, invade Iran. They could be looking at countries like Egypt. They could be looking. It's kind of incredible to think how many fronts Israel could fight on with US support just as the world continues to hyper Bitcoinize and Bitcoin continues to fix things.
Rp (48:56.649)
it's it's that that almost gets me as chipped up as as awesome Dennis Porter.
Richard (49:04.009)
Yeah, I mean, we could be looking at a day where I don't think Dennis Porter has been to the Wailing Wall yet. But that is definitely honest. Yeah. OK, so do you have any predictions on the date that Dennis Porter is going to take a selfie at the Wailing Wall?
Rp (49:11.807)
It's only a matter of time.
Rp (49:22.988)
I think before I'm going to do, I don't know the over under, I'll set it at the next having.
Richard (49:33.803)
That's okay. So you're thinking at like 2028. I'm thinking 2026 because I think he needs to do it before 2028 when he's likely going to run for president.
Rp (49:38.903)
or sear.
Rp (49:48.59)
Good point. Yeah, I think that's a safe assumption. Maybe we could lower that one to 2000. At what point? 2026?
Richard (49:56.703)
Yeah, there's a part of the US Constitution, which a lot of people don't realize, which is that you're not allowed to run for president until you've actually visited the Wailing Wall in Jerusalem.
Rp (50:10.422)
yeah. So that's, that's the, that's the marker to watch is when he goes, that's a woman that we serious.
Rp (50:21.592)
Well, yeah. Was there anything else this week that we need to cover before we go into the boost?
Richard (50:21.642)
I do eat.
Richard (50:31.926)
I don't know.
Richard (50:39.359)
I guess there's just one last thing I wanted to talk about, which was the Star Wars remake. What's going on with Disney? We'll have to be quick on that. Maybe we'll have to start next week by going into it some more. Yeah, Lucasfilm and Star Wars, who make Star Wars, is owned by Disney, has apologized publicly for the last attempt at creating a
Rp (50:44.707)
yeah, yeah, yeah. Absolutely.
Richard (51:07.677)
a Star Wars trilogy failing miserably. And they understand the audience is very upset with them over it. And so they're redoing all of the episodes to make them not suck. And one of the things that they've determined is a good idea is to use a few different Bitcoin influencers as cast members. Like they want to make it very clear with this.
Rp (51:29.122)
Okay.
Richard (51:37.011)
new series that Bitcoin has already won.
Rp (51:40.194)
Wow. I'm so excited to know who kind of which characters from, from this industry kind of fit the archetype. what do they got in store for us?
Richard (51:52.361)
Well, yeah, just briefly. So Michael Saylor is going to replace Kylo Ren. Dennis Porter is going to replace Han Solo. And Lin Alden is going to replace Rey. And, know, Kathleen Kennedy, you know, one of the big complaints in the last trilogy was that Rey was a bit of a Mary Sue, which is just the term used for an overpowered female character that doesn't really
Rp (52:04.59)
wow.
Richard (52:20.875)
experience any conflict, because most characters, they kind of develop throughout the storyline. So they start out weak, so you look at somebody like Luke Skywalker, but Rey was like 0 to 100, barely any development. She's just a Mary Sue, and that's kind of how I feel Lyn Alden is as a character, so I think she's going to be good for that role this time.
Rp (52:43.306)
perfect. Yeah. It's they're really cast at this very thoughtfully, very deliberately.
Richard (52:55.083)
Yeah. alright, let's get in the fountain, bitch. yeah, I'm excited for the series though. I'm a Star Wars fan.
Rp (53:06.64)
me too. I don't, I don't think that you can be a Bitcoin or not be a Star Wars shit. I don't know a lot of shit-runners like Star Trek, but Star Wars seems to kind of bind this industry a little bit for this community.
Richard (53:19.605)
Yeah, know, Vitalik's very into Star Trek.
Rp (53:23.084)
Yeah, yeah, exactly. That kind of tells you all you need to know.
Richard (53:27.947)
Alright, let's get through these boosts real quick. We'll call it a week. First boost is from mishonelnot420 for 20,000 stats and said, I took a week off... Sheesh. Despite all of Rod's negativity towards me, I'm still a loyal listener.
Rp (53:49.426)
I saw this and this prompted me as to why I shared. can go and check it on, on Nostra and Bitcoin Twitter. I shared a screenshot of the kind of stuff that Ms. Coddleknot sends me on regular basis. So if you're curious about why I have very little patience for her antics, that should, that should kind of explain it for you, but nonetheless, I appreciate the boost.
Richard (54:15.497)
I mean, it's been a very interesting back and forth to watch. And I'm just kind of a neutral third party, I would say, in this situation.
Rp (54:26.498)
Yeah, there's some of our listeners, they think I'm too hard on her. Some of them have a crush on her. I just wanted to share for this. I can't say this enough. If you're into her, go for it. Like you're not going to offend me. No sloppy seconds. There's no sloppy seconds in Bitcoin, the Bitcoin community, it's just a Satoshi brothers, kind of like Eskimo brothers.
Richard (54:41.324)
shoot.
Richard (54:49.511)
I don't know how I'd even get a hold of her. The only place I see her is on Fountain. And so I'm kind of curious how, you know, when you got together with her in Nashville, how you communicated with her. it like over some sort of privacy app or did you have to go back and forth on Fountain booths, essentially?
Rp (55:10.446)
No, no, trust me when, when she's gotten interested in you, she will find you on Nostra. She will zap your profile with 69. So do know zaps until until you message her that will, that's how it works out.
Richard (55:28.189)
Interesting. You could probably earn a lot of money doing that.
Rp (55:30.446)
You will find out. Exactly. It's kind of like reverse prostitution.
Richard (55:42.549)
All right.
Rp (55:45.902)
Yeah. The next one, I lost track is that we all eat. They love, we all eat friend of the show. 10,000 sat 10,021 Souths. says, comply, comply, comply for NGU, NGU, NGU, pennies. Penny says breaking big political things coming. And he's always right. It's a travesty. What's happened to our beloved Bitcoin. say, let's say you intellectual credential journalists.
penis, not penis or not, not pennies. Yeah. He says big political things coming. And I think it comes to Dennis Porter. I listen, I listen because he is single.
Richard (56:31.772)
Do you think he's suggesting that Dennis is gonna run for president?
Rp (56:36.603)
I think he's, he's hinting at that sometimes. I can't tell how serious people are, but, if he's bullish on it, so am I.
Richard (56:47.221)
Well, I'm not sure what he means by it's a travesty what's happened to our beloved Bitcoin. Maybe maybe he's been reading some Whitney web. I don't.
Rp (56:55.928)
That could be true.
Richard (56:57.835)
If you're out there and you've been feeling sad and depressed, it's probably because you read Whitney Webb's and Mark Goodman's work, where they have a different idea on whether Bitcoin has already won or not. I don't think they're bearish.
Rp (57:13.282)
Yeah. No, no, exactly. It's you have to, it's, it's easy to read somebody who's so bullish that it terrifies you and it makes you think they're bearish. And you have to understand that once you read their work through a bullish lens, you'll realize there's levels of bullishness. can even know we're achievable.
Richard (57:36.927)
Well, I mean, if you listen to enough podcasts, you would know that, you know, as you're reading their work, you would just have to tell yourself almost like as a mantra that everything's good for Bitcoin over and over again. And that'll kind of protect you from, you know, any.
Rp (57:48.814)
Exactly. Exactly.
Richard (57:58.462)
Yeah, well, thank you for the boost, Mr. C.D. Brown. Are we all eat?
all right. Orange Mart 5000 sat. Orange Mart is proud to provide a certified base safe space trademark for all our customers, a place where free speech thrives. Spicy memes are embraced and being based is celebrated. Here we've got your back no matter what. How bold your truth. Wow.
Rp (58:34.232)
They, dude, so bullish that these guys know how to make a good product. know how to build a community and it's, just love here and then take the ideas that we kind of share and running and running with them and build and building on.
Richard (58:34.239)
You bullish or what on OrangeMart? I'm pretty bullish on OrangeMart.
Richard (58:55.753)
What are you?
Rp (58:55.864)
Sometimes it's bad when somebody steals your idea from a podcast and uses it. But I think that one of the things that we try to do is try to be that free signal. We want you to steal our ideas. We want you to build on our ideas. We want you to iterate. We want builders to listen to us.
Richard (59:16.671)
Yeah, I mean, think about how stupid it would be if you tried to like trademark reading the Founding Booth. You say like you did some sort of restriction, like you patented the process. It's like, OK, I own this idea on how to produce a podcast.
Rp (59:33.208)
Right.
Rp (59:37.004)
I don't know how that how that get
Richard (59:40.875)
Yeah, I don't know. This is what gets dangerous about having Bitcoiners become legal experts, you know. Because as soon as they become legal experts, they might get really litigious.
Rp (59:54.882)
That's true. mean, look, I've been spawning tether. You get to a certain level and it kind of breaks down just like it does in the female world.
Richard (01:00:06.207)
Yeah, I mean, maybe Corey's been listening to a little bit too many legal podcasts recently instead of like trying to track the new hires and determine whether they're on board with using dollars to make Bitcoin stronger.
Rp (01:00:26.158)
All right. So thank you, Orange Mart. One of the biggest supporters of the show. The next one's from, a vile, 801 sats. Excellent. Regap of the creepy events in light of the recent escalation in the Middle East. That was an orange pill and Muslim coworker. Would you recommend their staff to let your inside a cradle for their personal safety? Would I become compromising the safety of the smoke pit by doing so?
No, no, I think that that's, I think that that's more, don't know what the solution is, but I think that, finding a way to protect, protect your friends in an orange pill before it's too late is, is I like where your head's at.
Richard (01:01:12.297)
Yeah, I guess there's there's this. This idea, which is upset depending on whether your cultural.
like setting is in so like, you know, if you lived in a predominantly Catholic area, you could, you know, hide your hardware wallets inside, you know, your little figurines or like Jesus or things like that. And I don't think Jesus would be offended because, you know, he was he was definitely orange-pilled. If you.
live in Israel, you could use a dreidel, but you know, they're probably very suspicious of things like that. So it'd have to be based on, know, what time of the year it is. But like if you wanted to like write down your ledger seed words on the piece of paper that they give you, you could put that, you know, hide it inside of your yarmulke and they would never check inside of it. So there's tons of strategies here.
Rp (01:02:19.138)
Yeah, I think if you have any ideas on how to keep the Muslim brothers and sisters safe with their own wallets at this time, send us in shows at the intellectual Silk Road.
Richard (01:02:32.863)
Well, yeah, I mean, I guess you could like have your wife just like hold on to the hardware wall under her burqa the whole time. You know what mean? But not like every, not every Muslim area like either wants or likes people with burqas. So that there's a bunch of different subcultures there you'd have to look at.
Rp (01:02:41.998)
That's true.
Richard (01:02:54.933)
But in the most fundamental Muslim areas where they require women to wear burkas, she can really secure your stash pretty easily because no man's going to go look under her burka.
Rp (01:03:05.388)
Right. You've got to get, you've got to get creative. You've got to know the culture and know the tapoos. I think that you can, you can find the solution there.
Richard (01:03:17.067)
Smart thinking. Next one is from Pies DePlave for 420 Sats. Pies, we know you're listening to 40 hours of podcasts a week. Keep up the good work. the emojis, beer, glasses clinking together three times and then three cigarettes in a row.
Rp (01:03:18.798)
Hell yeah.
Rp (01:03:32.416)
yeah.
Richard (01:03:43.147)
Cheers, cheers, Cigarettes, cigarettes, cigarettes.
Rp (01:03:47.16)
Sometimes the, you know, a few emojis says a thousand words. Thank you, Pies. Again, one of the must loyal listeners.
Richard (01:03:58.707)
I'll read the next one too, so I think this is last one, but BTC on board did lightning emoji, banana, rocket ship.
Rp (01:04:18.158)
I don't know to translate that, but it seems bullish.
Richard (01:04:25.589)
Well, thank you everybody for the boost and...
You got any final thoughts to wrap up today, Rod?
Rp (01:04:34.638)
I just think that, there's a lot of people going through, you know, some of their family members or, some of their friends or to some of the people they, they argue with on Bitcoin Twitter. they're saying like the predictions have it come to true, have it come to fruition. that up, you know, maybe another coin or another stock is a better choice, but just remember to have a lower time preference, like lower time preference fixes all these doubts. And,
October, October will bring.
and GU, finally.
Richard (01:05:12.469)
I'm ready for it.
Rp (01:05:14.179)
Me too.
Richard (01:05:15.339)
I'm ready for $2 trillion USDT per coin. Yeah, my final thoughts on today is, yeah, quit reading Zero Hedge, because your liver can't handle the alcohol consumption you have to consume to offset their bearishness.
Rp (01:05:19.096)
Bye Thanksgiving.
Rp (01:05:37.868)
Yeah, that if you find yourself reading, reading that's that makes really what seem like simply Bitcoin.
Richard (01:05:50.121)
You're have to read articles about Ethereum periodically and then you're gonna see a bunch of like stuff about politicians.
Rp (01:05:58.478)
stuff about interest rates in Japan, stuff that just doesn't matter. A lot of noise. It's all for, it's all doom posting.
Richard (01:06:05.759)
And I think part of the problem is they aggregate a bunch of non-credential journalists. I think that's part of the reason why it's so bad.
Rp (01:06:13.07)
Exactly. More like a blog.
Richard (01:06:15.337)
Yeah, anyways, yeah, like people like Tom Luongo are on there all the time. He's not properly credentialed. Yeah, thank you for thank you everybody for tuning into this week's episode of the Beagle Weekly and we'll catch you next week.
Rp (01:06:32.642)
Later.
