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April 10, 2021 - Full Haus
01:40:05
20210410_Bitcoin_Bonanza
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Time Text
Whatever you think of cryptocurrencies, they are, no doubt, one of the most important developments of the past decade.
I remember when Bitcoin first started gaining notoriety around 2012 or 2013 and thinking, cool fad, nerds.
Well, the nerds won that round.
But whether you are a true believing, long-term stacker and holder, a dabbler with chump change on Coinbase, or even a no coiner intimidated by the prospect of risking cold hard cash on a volatile and trendy innovation, our special guest this week will arm you with the knowledge needed to double down, jump in the pool, or maybe even cash out.
So let's find out.
Mr. Producer, pump it up.
Everyone, episode
86 of Full House, the world's least Crypto-Jewish show for white fathers, aspiring ones, and the whole biofam.
I am your reasonably Bitcoin enthusiastic host, Coach Finstock, back with probably one hour this week dedicated to increasing your family's wealth.
Since we just recorded our last show three nights ago, no new donors to thank this week.
But I figured it would be a good opportunity to thank our recurring donors who we totally take for granted and omit from the weekly gratitude.
Just kidding, guys.
You know who you are.
And in all sincerity, you motivate us to keep at it and never slacken.
Also, real quick housekeeping note: our guest from last show, Mitt Gardner, wrote up a short but very nice piece on his philosophy of gardening, as well as his own secret soil recipe for maximum success out there this spring.
So check it out on full-house.com under the blog tab and get those kids out there and planning this year.
Even if the plants die, it's worth it.
All right, let's get cracking now.
First up, as almost always, he recently risked his family's entire net worth on the altcoins banned protocol, sushi swap, and Cosmos.
It raised a few eyebrows among the birth panel.
We challenged them on it, but he just said they sounded cool.
Sam, you dangerous man.
Oh my goodness.
Those are real altcoins, by the way.
Wow.
Yeah, that's crazy.
Yeah, I have picked up a few different cryptocurrencies through the years, but I am by no means any kind of expert or anything like that.
So I'll be very interested in our guests' takes on what's going on with that.
I did listen in on his videos that he had available.
That's right.
Looking forward to it.
He is man about town.
Yeah, we're going to pick his brain and ask some obvious but necessary questions and let him fill in the gaps.
And Sam, I remember when you and I got, I don't know, maybe our first podcasting bonus from the fatherland.
50 bucks in Litecoin or maybe 100.
I still have it.
Yeah.
Oh, good for you.
You held.
Yeah, I think I sold it.
I got greedy.
All right.
Next up, he has only one regret in life.
And like so many of us, that regret is not pumping everything he had into Bitcoin when it was trading for mere dollars and he barely had hair on his face.
And like the rest of us, he also regrets every single sale he has ever made.
Potato Smasher.
Welcome back, buddy.
Hey, I just want to shill for my favorite coin.
The three-letter code is J-E-W.
It's called the Shekel.
I'm not joking.
It's a real altcoin.
Not surprised.
But yeah, no, it's very true.
I was going on 4chan.
I started on 4chan in 2008.
I knew about Bitcoin in like, what, 2010, 2011.
It was like 25 cents a coin.
I remember people talking about it and thinking like, oh, these retards are wasting their money.
And what did I do?
I bought like video games, Chinese food, and like the cheapest vodka that I could get because I was like, oh, no.
Oh, you did the thing.
Yeah.
I did the thing.
And you know what?
I had a good time.
But I'd feel a lot better about myself if I had a lot more Bitcoin.
Yeah.
Same here.
I regret every single sale I ever made.
And Smasher, now's the time for you to read out your Bitcoin wallet address right now.
It'll make for great radio.
ABCDFG.
All right.
I got a little piece of news.
If people aren't aware, Belfast is lit right now.
It has been for the last couple of days.
It's post-Brexit protests.
I don't really have any takes on it because I haven't been able to follow it closely or talk to anybody because I'm not on Twitter anymore.
But they are like going ham.
Is it anti-COVID lockdown stuff?
No, it's post-Brexit.
That's all I really know.
That's all the news media is saying is like post-Brexit protests.
What the hell are they rioting about post-Brexit?
They want to get back in?
I guess.
I'm not entirely sure.
Like I said, I've been working too much to follow along.
But I know like 50, 55 cops have been injured in the last week.
They're throwing like firebombs into nationalist areas.
There are gated or like walled off communities that separate nationalists from loyalists and stuff.
And they're throwing stuff over the walls and bricks at each other.
And it's reaching troubles level political discontent there right now.
Who said white people don't chimp out anymore?
Yeah, they said that they were Irish nationalist youths throwing petrol bombs at police.
So Keith Woods, is Keith Woods doing it?
Keith Woods is throwing firebombs at the garden.
Absolute madman.
There he is.
All right.
He's been so patient while we're chatting away.
Thank you for flagging that, Smasher.
And if you want to get chatty after we pick Carl's Bray and well, just be chatty throughout the show.
You earned it.
Our special guest this week, he is, so far as I know, the most prominent and consistent Bitcoin booster of anyone in our cause.
Funny, insightful, and also an unabashed white advocate and enemy of Jewish power.
He is our blockleiter of blockchain.
That is a very esoteric early NSDAP reference.
Carl Thornburn, welcome to Full House, buddy.
Thanks, man.
It's great hearing you guys.
For first time, actually, I've never heard this podcast before, so I've got to go back and listen to some of your others.
But I noticed you guys had some gardening experts on.
That sounds pretty interesting.
I'm actually wanting to start a raised bed garden.
So that should be something I should look into.
Good stuff.
Yeah.
Absolutely.
We did a show about a year ago.
I think it was episode 42.
And then the show right before this one was an update on that.
But you can't go wrong.
Carl, I almost hit cancel call when you told me you had never listened to Full House before, but I'm going to swallow my pride here for the benefit of the audience.
Lay it on us, pal.
Your ethnicity, religion, and fatherhood status, please.
Okay, so ethnicity.
So I'm 100% white.
I actually, and it's funny because when I got the DNA test, I actually went with ancestry instead of 23andMe.
And I kind of want to do, you know, I know you're supposed to not give people your DNA, but I'm tempted to do the 23andMe also just to see what they come up with.
But I was kind of stunned that I didn't have any Jew in me because I was like, dude, how is this like, how did I stumble on such a good investment so early and I don't have any Jew?
Because you're just 100% Anglo, right?
You're right, you're right.
Or something.
Maybe, yeah, I'm one of those evil Anglos.
But yeah, no, it's, I'm trying to remember exactly.
In fact, I could probably bring it up right now and tell you guys exactly what I am because I did the ancestry, like I said.
But anyway, it was like, it was like, I think it was mostly Irish, Scottish, and a little bit of German, like 10% German and trying to remember 5% Swedish or something like that.
So it's like, so it basically, yeah, basically all Northern Europe and 90% of it was British Isles.
So that's what I want to do.
Don't do ancestry.
I have to ask my wife the one that she did, but she did not 23andMe.
Sorry.
Yeah, I said, don't do ancestry.
Don't do 23andMe.
There's another one that's really good that my wife did.
I can't remember what it is off the top of my head, but I'll get it.
Should me smasher.
I'll put it in the show notes.
But yeah, Carl, I did both Ancestry and 23andMe, and I like the data presentation on ancestry way more.
23andMe threw in a 0.2 Ashkenazi dabbler to mess with me.
Yeah.
So just, yeah, I don't think it, yeah.
And plus 23andMe, I think, is objectively a worse, more evil company.
23andMe, yeah, I'm kind of fishy about that because I don't know if I want to give them my DNA.
Because as far as I understand it, I think they're related to Google in some way.
Yeah, Facebook and Shorts.
I think 23andMe is actually explicitly owned and run by Jews as well.
Right, right.
Well, you know, ancestry is Mormons, I believe, unless it's been sold.
But when I did it, it was still Mormons.
Okay.
And so I autistically, sorry to cut you off, but I autistically went through my entire family lineage as far back as I could find ancestry data for before I did the DNA test.
And then I did the DNA test and the results came back and matched up perfectly within like three or four percent of every genetic category breakdown.
Okay.
And so I was really, really pleased with the results there.
And actually, my results, every time ancestry updates, I get more Irish and more Scottish.
I don't have any explicit Scottish ancestors.
They're all classified as being from England.
But I've looked into it and I guess they're all from border territory or they were born somewhere else and moved and whatever.
And so I get less and less Anglo DNA every time it updates.
So they're obviously my favorite.
Yeah.
Well, you know, it's great that these companies exist because it's like anytime you get into a debate with some lip tart, you can always, you know, they always throw at you, you know, well, race isn't real.
It doesn't exist.
It's a construct.
Well, it's like, okay, well, if it's a construct, then how is 23andMe and ancestry able to break down your race?
I mean, like, how can you tell me that I'm 100% British Isles if race isn't real?
If we're all the same and you could have any DNA from anywhere.
Right.
And they'll always say, too, the other thing they say is they say, oh, well, black people probably existed back in England in like the 1300s and 1200s and stuff.
And then they'll turn it around and they'll say, well, wait a second.
Jesus wasn't white and he didn't have blue eyes because there weren't any white people in the Middle East.
It's like, dude.
I always like the one where you can say that anthropologists can literally determine a skeleton's race from like thousands of years ago just based on the structure.
It's far more than skin deep.
All right.
They'll dig up like a Viking that died in Syria in like 742.
And they'll be like, this guy was from Sweden.
You're like, how do you know?
And they're like, well, we measured his skull and like his coccyx and this, that, and the other.
And he's definitely from Sweden and he was a male.
Oh, okay.
So they're like, race is real and so is sex.
Okay, got it.
Thanks.
Right.
That reminded me when you said coccyx, that reminded me of that scene in Napoleon Dynamite.
Have you guys seen Napoleon Dynamite?
There was the aunt.
Napoleon's aunt is like this obvious lesbian woman.
And she's on this four-wheeler and she goes on this giant ramp or something.
And Napoleon, she's in the dunes.
She's in the city.
Right, right.
And Napoleon says, well, she couldn't make it because she broke her cockyx.
Yeah.
Yeah, it was his older brother, I think, who said it.
Right, right.
Yeah, yeah, yeah.
All right, Carl, Gabby Guts.
We run a tight ship around here.
Living DNA.
It's living DNA is the other one.
Thank you.
I don't have to put it in the show.
Oh, living DNA.
Do that.
Don't do 23Me because 23Me is run by the K's.
Okay.
Okay, so the next thing you want to do is religion.
I'm going to guess you're a bit of an irreligious materialist based on esoteric Hitlerist.
Okay.
I've moved between things.
Like when I was a kid, well, see, I was raised a Baptist, a Southern Baptist, actually.
So my mom's a Southern Baptist.
My dad is from up north and he was a, or he is a Catholic.
And they settled on raising their kids as Baptist.
So I grew up in the Baptist church and I really, you know, I loved it.
I enjoyed it.
I thought it was great.
When I got older, I slowly sort of became less religious and I went, you know, I sort of became like the autistic kind of like libertarian to the point that I was like, I went into the Stefan Molyneux thing, where it was like hardcore atheism and hardcore anarcho-capitalism.
And in fact, that was really sort of what led me into Bitcoin was the fact that I was on that track of like the crazy, you know, hardcore anti-government type.
Right.
But see, even throughout that whole process, I was vaguely, you know, kind of in the back of my mind the whole time.
I was kind of, you know, I was pro-white, right?
I didn't, I didn't have the guts to really come out and say it or, you know, to verbalize it.
But anyway, and then after that, when I graduated college, my first job out of college was I was working at a Presbyterian church as a cook.
So I was, I was a cook for Presbyterians for a while and I did these big meals for like weddings and funerals and, you know, Wednesday night spaghetti dinners and things like that, you know.
And it was great fun.
And I got to know all these people at this church.
And that made me sort of turn back into like a Christian again.
So I started to attend this Presbyterian church for a while.
And then since then, so what happened after that?
I got a job with a brokerage firm and this guy taught me all about investing.
I was like an assistant to this broker for a while.
And so I started reading about all these books about investing.
And then later on, I became sort of, I guess I sort of drifted back toward agnosticism.
Then I got into white nationalism.
And from there, I got on Twitter.
And well, see, what happened was I, on Twitter, this was back when Trump first announced he was running for president.
So when he first announced he was running, I immediately liked it because I was like, holy crap, this guy's actually willing to come out and say he wants to keep Mexicans out of the country.
That's amazing.
Yeah.
And see, and so this was like, and see, this just goes to show you, like, even back when I was a hardcore libertarian, I was totally willing to throw the open borders crap under the bus.
You know, I was like, I wanted nothing to do with that, right?
Because I knew where it led.
Like, you know, it was like subconsciously, or maybe even consciously, I kind of like understood, okay, if you have open borders, eventually you're going to end up with favila, Brazil type situation.
But anyway, so I'm autistic about economics, so I don't believe in open borders because it hurts my bottom dollar.
That's somehow.
Yeah, sure.
That's a good, that's a good explanation.
I mean, yeah, you can come up.
There's actually, I've actually got a book on my shelf, my bookshelf back behind me that's called Why Free Trade Doesn't Work.
And it's a really good book.
Anyway, we'll talk about it later.
But anyway, so I'm Christian dabbling today?
Yeah, I mean, like what I did was I, like I said, I became an agnostic.
Then I kind of went into paganism for a while and not really seriously, but just sort of like, I wouldn't say ironic, but I was just sort of like superficially or culturally pagan or something.
And then anybody that follows me on Twitter knows that I'm not, I sort of, or did follow me on Twitter before I got banned.
I try to straddle the fence.
I like, I try to say, okay, you know, you've got these pagans that the Christians hate, and then you've got the Christians that the pagans hate.
And occasionally they'll get into fights or whatever, and they'll kind of piss me off or whatever.
But lately in particular, I try to not anger many people.
And my tendency now is toward sort of deism almost.
I'm just kind of like, well, I'm definitely not an atheist.
And in fact, it would be really difficult to get me to be an atheist again, just because I don't, you know, the more I study science and just like physics and, you know, I mean, that's what I do in my free time when I'm not thinking about Bitcoin.
I'm looking at like physics and stuff like that.
So you really are autistic, huh?
Oh, yeah, totally.
I tend toward, you know, I can't fathom a scenario where you have a universe like this with life and you don't have some sort of intelligent design.
Like there's just no way, you know, and so I, that's where I am right now.
So yeah, that's essentially my path.
And then what was the third question?
Do you have rugrats yet, big guy?
No, before we go into that, before we go into that, I just want to say I'm glad that you kind of brought that around to you, you have observed the world and you have looked into really complicated things, you know, advanced physics and things like that.
And it brings you back around to saying, man, there has to be some type of supreme being.
Right.
And that's a really common thing with, you know, turn of the century big-brained scientists and stuff that, you know, we would consider the greats.
Yeah.
Well, you were not Jewish.
You know, Newton was probably one of the greatest physicists of all time.
And he was super religious.
Right.
I mean, you know, you're just religious men tend to be better at science than atheist men, right?
I mean, that's just the nature of it.
And part of the problem with modern science is that they it's almost like the science now serves the process.
It doesn't serve right.
Well, it's reddit goal.
It's just all Reddit garbage.
Yeah.
This is what I believe.
Now, how do I create an experiment that creates evidence to support what I believe?
Instead of just looking and saying, okay, I see that this thing happens.
So now I just believe that this is what happens.
Right.
And, you know, I'll tell you, there's like of all the famous atheists that are sort of like semi-modern, the one that I kind of respected was, I'm trying to remember that guy's name.
Christopher Hitchens.
No, Christopher Hitchens.
Dawkins drives me nuts.
I can't stand Dawkins.
But anyway, yeah, Christopher Hitchens.
And the reason I liked him was because he actually said certain things that you weren't supposed to say in public.
Like he criticized Israel a lot.
He criticized circumcision.
You know, he was out there, you know, actually saying stuff that kind of upset people.
And that kind of, you know, made me like him.
Like, if you're not, if you're an atheist, like you're wrong, and that's fine.
Just don't be like a faggot about it, right?
And yay, but like, just like, don't be a fucking, don't be a faggot about it.
Don't be don't be dumb.
Don't don't wear your fedora because then it's like, okay, even if you're pro-white or anti-Semitic, but you're an eighth, you're a Reddit-tier atheist.
It's like, okay, nobody likes you.
Shut up.
Right.
Right.
Well, I mean, what's the point?
Like, I mean, you know, if you're going to be an atheist, I mean, why, what, what's your goal of like, do you get money every time you convert somebody to atheism?
Like, I mean, that's true.
And if you're pro-white and you're an atheist, okay, that's fine.
And I'm not going to bash you for being an atheist.
But if you are actively trying to push atheism, I think that's a problem because like I don't consider myself a Christian, but I also don't have a problem with Christians.
You know, I don't cause fights with them.
I actually enjoy having theological conversations with them when they're not autistic, the same way that I try not to spurg out about things when I talk to people.
So if we can have an honest conversation about it, that's great.
But if you're like being the atheist, it's like, come on, dude.
If you don't think that there is a supreme being, then why are you even participating?
Like, I know that we're not really libertarians anymore for the most part.
We're not into this whole like live and let people live thing.
But when it comes to religion and being pro-white, it's like, don't bother people because our race is more important than our religious beliefs.
You know, that's sort of the thing that I, you know, I know there's like all these disputes between people in the quote-unquote alt-right or whatever you want to call it.
But it's like personalities and that sort of thing.
And maybe it's because I'm a little bit autistic.
I don't know.
But personalities, I try to kind of like move beyond that a little bit.
And plus the other thing is I've got a really bad memory, especially when it comes to social stuff.
So I can't hold a grudge.
Some people will hold a grudge for years.
And it's like, I can't do it.
So yeah, when it comes to these little infights and stuff like that, and I would, on Twitter, I would block people sometimes.
And then like a few weeks later, I'd look at my blocking list and I'd be like, why did I block this person?
I just totally forgot, you know?
So it's same.
Very good.
As long as you're, I mean, as long as you're pro-white, I mean, that's really where it's at.
Our white spiritualism kind of animates whatever we're into or whatever we're talking about is gets reflected in it, right?
I can certainly see the good side of paganism and things like that, or even somebody who's an honest atheist, but they, you know, our white sense of fairness and logic and holiness and those things animates all.
Yeah, if there is a righteous creator out there, though, I would politely and humbly give him a kick in the keister if he ever deigns to interfere down here because, yeah, it's pretty bad down here.
And I don't know, I'm not particularly to genuflect right now.
Yeah, it's been a lot worse in the past.
Oh, it's been oh, yeah, it's been way worse.
But what I was going to say is, like, you know, you look at like this resurgence, or, you know, I wouldn't call it a huge resurgence, but it's sort of just definitely a focused resurgence of paganism recently, like in the last several years.
And it's like, you know, if you think about it, like that's an indication that I can imagine, you know, many years in the future, even if Christianity were to like, you know, die out, there's no, you know, it could definitely come back, you know, in the same way paganism did, right?
Like, I mean, because our descendants are going to be looking at the history of their people and they're going to be like, hey, wait a second, this is a pretty cool religion.
You know, this is kind of a neat thing that these guys were following and looking at, you know?
So it's, yeah, it's, you know, these things, history is very cyclical.
And that's the reason.
That's also the reason I'm not really too, I get blackpilled on occasion, like on rare occasion, I'll go through like a period of like maybe like a week or so where I feel kind of depressed about the whole situation.
But then I definitely always end up coming out of it and feeling really good after I come out the other end of it because I'm like, you know, I realized that, hey, wait a second, you know, this is, there's always a silver lining and history works in ways that we couldn't possibly fathom, right?
Like, I mean, things are going to happen in the future that we would never expect.
There's no need to get blackpilled because national socialism is inevitable.
Right.
Well, I mean, yeah, I mean, it's already happening.
You look at China, they're national socialists, you know.
So, yeah.
Moving on, Carl.
Come on, Smash.
Let's go is pushing Chi-Com propaganda United States.
I will not submit to the Chinese Communist Party.
Well, Peter Thiel just said the other day that Bitcoin is a form of Chinese ChiCom uh economic terrorism.
Carl, you got any regrets?
No.
And I, but I'm telling you, I really do look forward to it.
And anybody that follows me knows that I'm super pro fertility.
You know, I believe that that's really the future.
I think that, you know, I mean, that's really the only way forward is that if we're having kids.
And so it feels bad that I'm, I feel like, I mean, I'm being a hypocrite, but so I've got to get on it.
Yeah.
And I tend to do it.
And I think I'd make a pretty good dad.
So yeah, you're probably rich by now from stacking for years.
So at least on paper.
Lady?
Do you have a special lady, Carl?
No, not at the moment.
But we're, you know, definitely moving in that direction, though.
Gemini is his only love right now.
And that's not Gemini from American Gladiator.
Unfortunately, yeah, she was hot, I think.
Was he a dude?
I don't know.
Gemini was one of the American.
I hope it wasn't.
My wife would know.
I hope it.
Yeah.
I hope it was one of the hot chicks.
All right.
Carl, let's get down to brass tacks here.
Everybody who's listening knows more or less what Bitcoin is, at least in their mind, blockchain, the ledger, updating miners, et cetera.
But I do not in my own mind, and hopefully there's at least one other listener out there who is like me.
Can you put in yeoman or in layman's terms, was it a dude?
Not only was it a dude, it was a Negro Gemini, really.
Okay, I'm sorry, but the word Gemini sounds feminine to me.
So I don't.
Yeah, yeah, same, right?
Gemini.
I would have guessed that it was a female, but I had to look it up just in case this was the case.
I got to get him as a spokesman for that exchange.
So in my mind, Carl, it's like a software program that somehow exists everywhere on the internet, but nobody can tamper with it.
Yet everyone is interacting with it.
It's open source.
Can you put some meat on those bones for what's actually going on under the hood?
Okay, so it's yeah, the real question is, and like the sort of the thing that really can help explain this, I think, is you have to think of Bitcoin in the context of all these other digital currencies, right?
So there have been thousands of digital currencies that existed before Bitcoin, right?
You had World of Warcraft gold, you know, you had tons and tons of video game currencies, right?
You had government fiat currencies have been digital since like the 1970s, you know?
So the whole idea of a digital currency is not new at all.
What makes Bitcoin special and what makes it different and interesting is that it is the first digital currency that is the way it's designed, it cannot be tampered with by a central power.
So what this means is basically this is when Bitcoin was created, it was literally an invention.
It was sort of like somebody inventing the internal combustion engine or the printing press or something like that, right?
It was literally the invention of digital scarcity.
And the way that's achieved is via the mining process.
So when people hear about like Bitcoin mining or whatever, what they're typically thinking of in their head is they're thinking of like a video game.
Like they think, okay, well, this is like people are spending an enormous amount of electricity to try to solve random math puzzles or something.
And whoever solves the puzzle gets the prize, right?
Well, that's not really the way you should be thinking about it because mining is, it serves a specific real purpose.
And the purpose of mining is to keep the transactions in order.
So when you don't have a central bank, you need an arbiter, somebody who can come in and say, look, this transaction occurred before this transaction, period, end of story.
You don't get to dispute that, right?
And the order of transactions is key.
It's really important to a digital currency because if you don't know what order the transactions occurred in, then a digital currency could be double spent, right?
You could spend your coins in one place and then quickly turn around and spit them in another place real fast, right?
And that essentially eliminates the scarcity, right?
Because the beauty of information online, like MP3 files and stuff like that, right?
You have Napster and you had eventually had BitTorrent.
Well, with files, there's limitless copying.
You can copy them as much as you want.
So the question is, how do you create a digital currency that cannot be replicated in the same way that file could?
And so it's done by having a singular blockchain, which is essentially just a giant database.
And the database has a new block added to it.
Each block contains a bunch of transactions.
And the blocks are put in order by the miners.
So the order, so this is really the genius of Satoshi and really what made Bitcoin different from every other currency was that.
And who is Satoshi?
Yeah, Carl's got a theory.
Nakamoto.
Yeah, so we don't know for sure, but we think that, or I think personally, I think the most likely person that Satoshi is, is this guy named Nick Sabo.
And Sabo is spelled S-Z-A-B-O.
It's a Hungarian name, but he's an American guy, but he's a super smart guy.
And he, back in like 2008 or I think it was 2008, he posted on his blog, he had a little blog, a post called Bit Gold.
And in the post, he described a system where you could have a decentralized currency using a timestamp-based chain where you would order the transactions in a chain.
And he, about a month or so after posting that, he deleted it.
Now, you can go back and you can, you know, use the internet Wayback Machine or one of those history websites and you can see the post, but it's pretty obvious that this guy came up with the idea for Bitcoin.
Now, if he didn't create it, he probably either worked on it himself or he may have worked on it with another person, right?
But I think that's where it came from.
So that's good news, right?
That's, I think it's a great, if Nick Zabo really is Satoshi, then that's great news because if you follow him on Twitter, you'll see that he's actually explicitly pro-white.
And this is kind of surprising because he is a libertarian and he's been a libertarian for forever, basically.
But recently on Twitter, he would post a bunch of things where he would basically like Jared Taylor tier stuff where he would just come out explicitly in defense of the white race.
And it was just amazing stuff.
So yeah, I'm optimistic because if he is truly Satoshi, then he is worth currently around $60 billion.
And he's openly pro-white.
Get off your ass there, Nick.
Yeah, we need your help.
His Twitter banner is the Blue Lives Matter flag, the thin blue line flag.
Yeah, yeah, it is.
Carl, real quick.
So originally, then was the Bitcoin code on one hyper-secure computer that then proliferated out to these miners?
And mining was the incentive to get people to run the transactions.
So where did, was there like a central store of the 21 million Bitcoin that was outside the way it works?
Yeah.
So the way it works is when it was first created, Satoshi basically published what's called a white paper where he basically outlined exactly how it would, how the protocol would be written in code.
And then eventually a bunch of developers got together and they said, okay, we'll help you make this.
And so they created Bitcoin version one, which was basically a super simple version of the Bitcoin we have today.
And it, you know, it had a bunch of flaws in it and problems, but it wasn't a big deal because as time went on, they just went in and edited things and got things better.
But Bitcoin is open source software.
So you can, anybody can go in there and look at it themselves and see what it's like.
And in fact, you can copy it, you can clone it, you can make, you know, you could create your own coin just by changing a couple variables in the Bitcoin software and then releasing your own version.
Now, the question is like, how is it possible that you can force everybody to agree to certain rules, right?
So, for instance, the most obvious rule is like, how do you limit it to 21 million coins?
Right?
Like, couldn't somebody come in and easily just manipulate it and say, okay, I want 48 million coins or something like that?
Well, the way it's done is really clever.
So the blockchain itself, you're adding the miners add a new block every 10 minutes, approximately.
It's not exactly, but it's about every 10 minutes, a new block is found and added.
And so you can think of a block as being kind of like a save point in a video game, right?
Like if the game has some kind of catastrophic failure, or if there's like a, you know, you die in the game, no big deal.
You can always go back to the last block, right?
And that's where people left off.
So this creates a situation where if you have a large group of people who all want to disagree and all say, no, we want to have 48 million Bitcoins.
We don't like the 21 million coin limit, right?
Then they can go in, change the code, and then start mining their own blocks with those with that new set of rules.
But the problem is, is that all the other nodes that are connected to the network will see those blocks and they'll kick them out.
They'll just say, well, that's not valid.
That's not a valid block.
So essentially, what happens is you have what's called a fork where the chain literally forks into, and you have the original version of Bitcoin running, you know, still adding blocks in that original format.
And then on the side over here, you've got another chain that's add that's adding blocks with the, you know, with the changed rules.
And so literally.
Bitcoin cash, for example.
Yeah, exactly.
So yeah, there's Bitcoin Cash, there's Bitcoin Satoshi's Vision, there's Bitcoin Gold.
There's a bunch of these different, they're called fork coins, you know, the forks that have popped off of Bitcoin over the years.
But what's funny is that, and see, I remember back when this first happened, like the first time Bitcoin forked, it was a huge deal.
And everybody was like, oh my God, you know, Bitcoin's going to crash to zero now because we've got a contentious situation where half the people like one coin and half the people like the other coin.
Well, what happened was more interesting.
So the people who had the original Bitcoin and didn't like the other coin, they immediately sold all of their Bitcoin cash, right?
Because when a fork occurs, let's say you have like 0.5 Bitcoins or something.
When a fork occurs, you would have, not only would you have 0.5 Bitcoins, you'd also have 0.5 of the fork, right?
So you always get the fork.
Yeah, you always get an equal number of coins on the fork because that's just the way the chain works, right?
And so what happened was when the fork occurred, everybody on the original Bitcoin immediately sold their forked coins, which caused that fork coin to crash to near zero.
And they used that money that they got from selling those coins to go buy more original Bitcoin to increase their number of original Bitcoin.
Now, naturally, what does that do to the Bitcoin price?
That drives the original Bitcoin price higher.
So anytime there's a fork, you have this enormous, basically, it's like an economic terrorism almost, right?
Where the original Bitcoiners say, oh, screw, screw you.
We're going to, you know, we're going to sell your coin and get more of the original Bitcoin.
And so what this does is if you look at the price over time, Bitcoin Cash and Bitcoin Gold and all the others, they've had a sort of a steady downward trend.
And they're still, as far as I know, they still exist, but they're trending towards zero, whereas Bitcoin continues to rise.
It's like Coke Classic and New Coke.
Yeah.
They changed it.
But, you know, it's sort of, it's funny because it's like, you know, it's sort of like the libertarian dream.
Because like, you know, libertarians have this sort of fanciful imaginary situation where like, oh, you know, this anarcho-capitalist situation where if certain people don't like governance, that's no big deal.
They can just go create their own country or whatever, right?
And nobody's going to fight them for it, right?
Well, you know, you look at like in the real world, obviously that it's not the way it works, right?
Because people want territory and they want tax money and things like that.
But in a situation with Bitcoin and forked coins, it is more similar to what the anarcho-capitalist dream is because anybody that wants to change Bitcoin's rules, they're welcome to do so.
You're free to do it.
You can change them to your heart's content.
But the problem is, is you got to convince everybody to go along with you.
And that's the tough job, right?
So yeah.
Just make your own Bitcoin.
Yeah.
Right.
Very good.
All right, Carl.
We've barely scratched the surface of so much ground to cover, but thank you.
You are a font of knowledge on this at least.
Go ahead, Sumej.
Well, and I got something real quick.
I had to step away.
Yeah.
But when I stepped away, it sounded like you were talking about, well, how can somebody like value this or whatever?
And Without sounding like too much of a libertarian, you know, people value Bitcoin, obviously, right?
But in one of the big critiques of cryptocurrency is like, well, how can this be worth anything?
And it's like, well, how can the dollar be worth anything?
How can any currency be worth anything?
Right.
And so that kind of people don't think about that, but it's like, okay, a dollar, like, all right, what is this green piece of paper with George Washington's face on it?
Right.
Well, I mean, okay, so, so the question of like money having value and where does the value of money, yeah, yeah.
So like the, the, the, how money gets value really, it's it's kind of a two-tiered system, right?
So on the superficial level, money has value because it's convenient and that's it, right?
If, if, for instance, um, you know, when you go through, like you look at like, um, my, my good analogy that I, that I think is pretty, pretty apt here is like, imagine you've got like a five-star steak restaurant, and then next to it, you've got a McDonald's with a drive-through, right?
Which one of those two restaurants makes more money?
Well, it's the McDonald's.
And the reason is because the McDonald's is more convenient because everybody can go through the drive-through, right?
It's similar with money, right?
So Bitcoin is kind of like the steak, and the McDonald's is currently fiat currency.
The problem is, is that over time, there is a more fundamental reason that money has value.
And that more fundamental reason is that money is a store of value in sort of the same way that like a freezer can be used to store food, right?
So if you're storing your value, if you're storing your food in a hot, you know, sauna or something, it's going to go bad quickly.
If you're storing in a freezer, it'll last forever.
Similar with Bitcoin, right?
So with, you know, over time, now, naturally in the short term, you're going to have these really inconvenient, awful crashes, you know, and these crashes happen periodically and they're very steep and scary.
But over the longer term, you see, if you, if you sort of connect the dots where all the crashes occurred, you still see an upward trend.
Each crash lands at a higher level than the last.
And the reason is because Bitcoin is being used as a store of value.
And that store of value effect is the reason that I think it's a good idea to get pro-whites and nationalists into Bitcoin.
I want to try and get as many of you guys into it as you can because I think that over the longer term, even if it crashes in the short term, over the longer term, you want to be stacking it because I view it as sort of the it's it's going to be much bigger than it currently is.
And there's, it's almost like there's sort of it's, there's like a widespread consensus on it.
You're starting to see like even people, you know, in major banks like Goldman Sachs and JP Morgan and Merrill Lynch and others, they're already starting to kind of admit that, okay, well, this thing is probably going to be very valuable in the future.
And but, you know, we run up, we run into this problem where people think that, okay, well, am I too late?
You know, is it already, you know, that's the question.
Exactly.
It's had an incredible run up over the past year, Carl.
I'm looking right now.
It's at 57.9 now.
A year ago, it was, God, less than $7,000, six and cheap.
The crash in 2017 left a lot of people feeling butthurt.
And now we're above $50,000.
Like, man, in January of 2018, you could have bought Bitcoin for like three between $300,000 and like $1,000.
Yeah, it's a bucking Bronco, right?
Like the goal is to hold on for as long as you can.
But see, like, Bitcoin will try to get you to fall off in two ways.
The first way is it'll go up a lot.
So it'll try to get you to fall off by selling.
And then the second way is it'll crash a lot.
So it'll try to get you to go off by scaring you, you know?
But Bitcoin's kind of like a woman worth marrying, right?
It's uh very hyper-emotional, yeah.
But you know, that's just sort of the old Warren Buffett thing, right?
You know, if you're any investment, well, not any investment, but you know, any investment that's actually worth something, you can't trust the market.
The market is always and see, this is kind of like, um, you know, the market at large, when you're looking at like the Bitcoin market or any market, really, um, it's only a tiny sliver of the total supply that sets the price for the whole thing, right?
So, at any given moment, you know, think of it like a neighborhood with a bunch of houses, right?
At any given moment, only one or two houses in the whole neighborhood are actually up for sale, right?
Most people were holding, right?
Most people are holding, but see, those one or two houses that are for sale, they set the price for every other house, right?
So, if one, if a house up the street sells for you know 50% more than the asking price, then you know that, oh, great, my house is worth a lot more than I expected it to be worth, right?
And similar, similar thing is true with Bitcoin, Carl, isn't the correct term hodling?
Yeah, hodling, yeah, and that's actually that came from a super old forum post years and years ago.
Uh, there was a some some guy, it's funny to read, like if you ever look up the old Bitcoin talk forum posts, some of them are just insane.
Like, um, there was one post by Hal Finney where he said, um, it was back before Bitcoin even had a price, it didn't have a price, it was that's how cheap it was.
And he said, he made a post, he said something like, Um, you know, it only costs me like 10 cents worth of electricity to mine one of these coins.
So, you know, if you think about it, um, I ought to be, you know, everybody here ought to be stacking these coins because even if the odds of it succeeding are astronomically small, you'd still make a ton of money.
So, it's just crazy some of these posts these guys made.
Um, very precious.
The real question is, did Terry Davis own Bitcoin?
When did he die?
2015, 2018.
Uh, Carl, oh, wow, that recently.
Carl, that recently.
When I see Carl's posts, I think this guy is smart, he's confident, he's got uh quantitative data and smart people to back up his confidence, but it seems too good to be true.
Uh, and you mentioned too lateism or people who feel like the train has already left the station, right?
I feel like that sometimes, like, I'm a sucker for buying at 57.
You, and to be clear, you have advocated more or less dollar cost averaging, just buying Bitcoin stacking, as you uh call it at regular intervals.
You, uh, in one of your articles, you wrote, it's a it's almost like a law of science that once you buy the price will immediately draw back uh immediately after that.
But usually, yeah, yeah, exactly.
No, yeah, it usually happens that way.
But where, like, for the audience, uh, for our scoundrel, Mr. Producer, who's a no-coiner and probably thinks that it's uh modern snake oil, uh, boil it down for the audience why you think this thing has legs to a hundred thousand, two hundred thousand and beyond.
So, so like I said, Bitcoin is um it's potentially going to be uh something that's used as a store of value uh by not just individuals, but you know, corporations.
We're already seeing Tesla got into it.
We're seeing, you know, and eventually we're going to see governments and central banks using it as part of their reserves.
And Tesla is, you know, they're just one of many corporations that are going to be buying this.
It's only a matter of time before you're going to start seeing most publicly traded companies are going to be stacking this stuff as part of their balance sheet to try to stay not necessarily immune, but try to limit the downside they're experiencing due to inflation over the next few years because the Fed is printing money like crazy.
Sure, European unions going to be printing Euros like crazy.
But my, you know, if you're worried about being too late to the game, you know, there's two analogies that I look to for this.
Like, you look at like back in the, if you ever look at like video footage of like people from the 90s, early 90s, and there's like, you know, there's videos like Katie Couric, where somebody mentions the internet to her and she's like, what is the internet?
You know, and she's, and it's funny because it's like you look at these people and they sort of knew.
I think if you walked up to any person on the street back in the early to mid-90s and you asked them, you know, how important computers were going to be to the future of the global economy or whatever, they would have said, they would have all said, yes, computers are going to be incredibly important, you know, super good idea to own a computer, learn how to use it, everything like that, right?
But despite knowing that, right, despite being aware of the growth, the rapid growth of computing, you still saw companies like Microsoft, which everybody knew about, like Bill Gates, way back in the 90s, Bill Gates was already the richest man in the world, right?
None of this stuff was a secret, right?
But look at what happened.
Microsoft kept growing.
It just kept going.
So even though the sort of general public was very well aware of what was going on, it was still massively, magnificently undervalued.
And another good example of this is Domino's Pizza, believe it or not.
So back in 2004, I think it was, Domino's Pizza stock went public.
So for the first time, you could buy shares of Domino's Pizza back in 2004.
Now, everybody and their grandma knew what Domino's Pizza was and had already eaten there and knew it was a decent restaurant.
And also, keep in mind, Domino's had tons of competition.
They had Papa John's, they had local pizza parlors.
So there was no indication that Domino's was going to be anything particularly special.
But when it IPO'd in 2004, it started out at around, let's see, your $13 a share.
And then it got up recently, like within the last year, it went up to $400 a share.
So even though everybody knew about Domino's Pizza and it wasn't a secret, it still went up just like gangbusters astronomically.
So my contention is when you think about when you think about Domino's and their competitors, you just got to remember to stay tuned.
Day Reckoning is coming.
Papa John's meme reference there.
Well, for those wondering, yes, the Papa John's.
Yeah.
Yeah.
Well, I mean, hopefully, yeah.
I mean, that poor guy, geez, what happened?
There's that.
It turns out that he was literally black, he was bankrolled and then blackmailed by Jews, and then he bankrolled them in return.
And there was a news article about it a couple months ago that he, I think, all this stuff was kept private.
And basically, the Jews recorded him, the nigger tapes that came out.
They were basically what he assumed was private meetings.
And the Jews that he helped, he had hired to help him regain competitive edge or whatever recorded him without his knowledge.
And so when he said the day of reckoning is coming, I can only assume that he meant these Jews recorded me without consent or whatever.
And he only dropped a hard R.
Yeah.
He wasn't even saying, like, I hate these niggers buying my pizza.
It was like, you know, some people say nigger, just like Sam has never said it in a negative or derogatory way.
He's always just been referencing the N-word.
Yes.
That's right.
All right.
Carl, so you're going to have to do it.
The other thing I was going to say.
Yeah.
Well, I mean, I just generally, I just want to get it through people's heads that, like, just because the mass of the public is aware of something doesn't mean that it's fairly valued.
It's still got, you know, things can have a long way to go, even if everybody knows about them.
And, you know, if you think about like, if you imagine people still buy GM products.
Yeah.
Well, I mean, you know, think about like how many people can you do you imagine in your little town or your city actually own more than like a hundred dollars worth of Bitcoin.
I mean, I guarantee you, it's super tiny amount, very super tiny, right?
So the upside potential is absolutely enormous.
And the other thing is like you look at like gold.
Gold is, you know, gold has its upsides and downsides.
I would say generally speaking, this is probably for another podcast, but gold is worth the total amount of gold in the world is worth about $10 trillion.
Currently, Bitcoin is all the Bitcoins in the world are worth about one billion or $1 trillion.
So it's got, if it's going to match gold, if it's going to equal gold, which a lot of people expect it to, I expect it to at least, then it's got 10X upside.
So that's 10X for here.
So how many Bitcoins total have been mined?
Currently, I think it's around 18.6 million, somewhere in there.
And the max we can mine is 21.
The max is 21 million.
And so of those 18.6 million that have been mined, about 3 million are lost forever.
So they just can never be recovered.
Because people with them on a USB drive at the bottom of a lake or people have accidentally.
I've got Bitcoin in 2009 and I can't access this hard drive anymore.
Right.
Well, see, that's the other thing is like, you know, this is the, I don't know if it's either a good thing or a bad thing, depending on how you look at it.
But Bitcoin is, it allows you to have plausible deniability.
So you could say, if, if, you know, if somebody comes to you and says, well, I thought you had this many Bitcoins, you can always say, well, no, I lost them or I deleted them or whatever, right?
Sure.
Yeah.
All right.
Let's let's get down then to the brass tax of buying, owning, storing.
We've got listeners who range from day traders.
Shout out to Arpel, moderate rebel who encourages people to trade, but also says, yes, inflation is coming.
The dollars that you're holding, not really that good of a store of wealth.
Coinbase, I'll take my cursory knowledge here and say Coinbase is the easiest, but they have de-platformed people, presumably returned their Bitcoin or the value in cash.
Gemini is one that you recommend for being, I guess, more apolitical.
And then you've got Coinbase Pro.
So say somebody's listening reasonably savvy, doesn't own any Bitcoin.
What do you recommend or how they go about it?
So for the more savvy person, I would say definitely try to get an account with Gemini if you can.
Gemini is run by libertarians, and so they tend to not target nationalists in the same way that Coinbase would.
Coinbase, I think they're kind of run by SJWs.
I'm not sure, but they're also publicly traded right now.
So that puts more pressure on them to ban people on the right.
If you do have a Coinbase account, I will say keep it.
Don't shut an account down if you've got it, because it's always a good idea to have like a backup account with another exchange, right?
Because if one exchange is down and you need to quickly sell your Bitcoins for an emergency or something, it's always good to have that backup.
But yeah, Coinbase is probably the easiest exchange to use if you're a beginner.
I would say also if you're super novice and you really are kind of scared of Bitcoin, you don't really understand it too well, but you want to get some, the best way to do it is using there's an app on your phone called Cash App.
And just yeah, just download and install Cash App.
It's for iPhone and Android.
And it's got a little, there's a submenu in there where it'll allow you to buy Bitcoins.
And you can store the coins within the Cash App.
So you don't have to worry about learning how to use wallets and all that stuff.
So that's the same as Coinbase.
So Cash App is holding your coins for you just like Coinbase holds them for you.
Yes, exactly.
But Cash App also won't deplatform anybody because that's what Negroes use to sell drugs.
Oh, is it?
Oh, I didn't know that.
Okay.
Yeah, no, that's like, you know, you can get kicked off of PayPal and you can get kicked off of Venmo.
Obviously, they're both owned by the same people.
Literally, PayPal bought Venmo.
But if you get kicked off of one, you will inevitably get kicked off the other.
Yeah.
Cash App doesn't kick anybody off.
And it's actually what ghetto blacks use to sell drugs or receive payment for their drugs.
Well, see, like, I mean, you know, ghetto blacks selling drugs, that's a, they're not doing anything bad.
It's, it's the white nationalists that are, it's the white naturalists you got to watch out for.
Those guys are dangerous.
That's surprising because Cash App is owned or launched by Square, which was a Jack Dorsey project.
Jack Dorsey, you know, Jack Dorsey, I've got mixed feelings about him because, you know, I kind of wonder if maybe it's like, it's like he's got a Jekyll and Hyde thing going on.
Like sometimes he'll post things where he's very pro-Bitcoin and he's like pro-decentralized, you know, social media and stuff.
But then other times, you know, he's like a left-wing nut job.
And I wonder how much of that is his real personality versus like, you know, what he's pressured into believing.
I don't know.
Well, it depends.
Like, you know, did he have a mental breakdown and is clean shaven, or is he normal Jack Dorsey and has a beard and like piercings?
Yeah, I don't know.
I don't know what his deal is.
Who knows?
It's like throwing darts at a board, but you're blind.
The other truism or bon mo, I don't know, is that if the exchange is holding your coins, you don't really have them.
So in any appreciable amount, you are encouraged to hold them yourself, which means getting a little USB drive.
I guess Trezor and Ledger are the two at least best-selling ones.
So you're getting those digits, that digital information off of Coinbase, off of Cash App, whatever, and onto this USB drive, which makes everybody or at least most people nervous.
You have to store that safely and then you have to store the series of code words, passwords to have access to it.
I guess you recommend people do that for amounts over $1,000, over $5,000, something like that.
So yeah, once you've got, once you've built up, like, I would say, I don't know, personally, I mean, it varies by person.
It depends on what you're most willing to risk.
But once you've got a couple thousand dollars worth of Bitcoins, you should start to think about taking it off the exchange because exchanges can be hacked, right?
Now, I don't want to scare people though, because exchanges do have insurance, right?
So if they are hacked, you probably would get your coins back, but it's still a good idea to do this.
What I would say is, yeah, pick up either a Trezor or a Ledger.
There's also another one called Cold Card that's really good.
And if you want to know how to use them, the best way to learn how to use Hardware Wallet is to, there's a great YouTube channel called Crypto Guide, Two Words.
And it's this guy, he makes these awesome videos where he just goes step by step how to make Bitcoin transactions to and from hardware wallets, how to set up the hardware wallet.
You know, it's just great for somebody who needs video on how to do this.
So I highly recommend Crypto Guide.
Well, and here's just real quick, here's how I think about downloading crypto to your own personal wallet.
It's a fairly common white nationalist talking point that, you know, money, well, and really it comes from most people's days as a libertarian.
When you, okay, so I pick up my phone, I press the home button, I punch in my password, I press on USAA because that's why I use my primary bank, right?
I enter in my passcode, it logs me in, it blah, And then I see, okay, USAA cash back rewards checking $7,000 and some change and whatever, right?
And that's what I've gotten there.
But do I really have that money?
It's X's and O's and ones or ones and zeros, you know, whatever.
However, that bank codes that app.
And so, okay, sure, I've been written checks that have a number on them.
I've been handed dollars or whatever the case may be.
Right.
And so ultimately, what amount of currency do I have?
I have what the app tells me I have.
And of course, the flip side of that is that you feel nervous if you have $7,000 in cash just sitting on your person.
Right.
Most normal people.
And so how do I protect if I could download that $7,000 into a secure wallet where I know no matter what, when I upload this to the internet again, it's going to be worth at least, okay, it might not be worth $7,000, but it's going to be worth like 0.94683 gold or whatever.
At least then I know that it's a guaranteed rate.
Well, yeah, I mean, you know, like you have that money, any money that you have in a bank, you have at the behest of the bank and the government, right?
So if the government decides that they don't like you, they can always freeze your account, take your money, whatever, right?
They can't do that with Bitcoin.
So that's one of the major upsides, especially for nationalists who are public, right?
Like if you're a public nationalist and somebody decides they want to, you know, go after you or sue you or something, right?
They can't get that.
Right.
Yeah, yeah.
So, I mean, it's just, that's the beauty of it is that you're sort of not beholden to anybody.
But yeah, when it comes to storing the coins yourself, I would recommend, well, number one, don't tell anybody you've got Bitcoin, right?
Don't go around talking about it to your friends and family because, or, you know, especially not like coworkers or something, because, you know, the more people that know you have it, that's a wider attack surface area.
Eventually, word's going to get out.
And when the price goes up a lot, somebody's going to want to pay you a visit, possibly, right?
Hey, the only thing I have on my thumb drive is anime, okay?
Okay.
Well, yeah.
So it's, yeah, that's, that's one thing.
It's just basically don't, don't blab too much.
But yeah, the, the thing about Bitcoin is, you know, it is not, the coins themselves are not discrete files that are stored on like a, you know, USB stick or whatever.
What you're storing on the Trezor or the Ledger or whatever hardware wallet you have is just the private key.
So that's what you're storing is the key to move the coins that are on the blockchain.
So the coins exist on the Bitcoin blockchain and that's where they are.
But the key is what you have on your Trezor.
Now, you can make backups of that key.
So, for instance, if your Trezor is stolen or broken or lost or whatever, it's not the end of the world because you can have backup copies of the key.
And what's really cool is that there is actually a way to backup a Bitcoin private key that involves just making a list of 12 English words.
So, this computer program will take your key, which is a huge long string of random numbers and letters that it's just not possible to memorize, and converts that into a list of 12 random English words.
And suddenly, it's possible now that you can actually memorize your private key.
Now, not only could you remember, you can write on a sheet of paper and hide the paper somewhere or something like that.
So, this is why it's smart to have backups because if there ever came a scenario where, like, for instance, if your house burns down or something and you lose all your possessions, it's not the end of the world.
You've still got your backup somewhere.
You could either store it at a friend's house or you could just memorize it.
So, your ledger melts, but you still have your 12 words in a safe underground.
You're, in theory, still good.
Ledger will help you out recover that stuff.
Yeah, what you would do is you would just go buy another Bitcoin wallet, and then you would, there is an option in there that says load existing wallet.
You click that, and then you enter your 12 words in, and voila, you've got access to all your coins again.
Carl, I'm using 14 words.
Is that okay?
Yeah, very handsome.
Actually, you can do that.
I'm not going to go into how it's a little complex, but you can, if you wanted to, you could do that.
All right.
All right.
Carl, there's you are a Bitcoin evangelist, but there's lots of other ones out there.
The system seems to like Ethereum.
It is probably the second most popular coin after Bitcoin, arguably even worse shitlibs or just straight up shitlibs running that project.
Definitely not our guys.
And then, of course, Monero comes up, just to name two.
Why are you solely Bitcoin or primarily Bitcoin enthusiasts?
And are there any others that you recommend or warn people to stay away from?
Yeah, so I'm what you would call a Bitcoin maximalist, which just means that I'm, you know, I look at the economics of the situation.
I look at network effects.
I'm looking at, you know, just these other altcoins and their ability to, you know, attract investment.
And I just don't see a scenario where Bitcoin could ever be surpassed by an altcoin.
It just doesn't exist.
And the closest it's ever gotten was back in 2017 when Ethereum managed to get to, I think it was like 25% of the total value of a Bitcoin.
And ever since then, it's just been falling.
Now, Bitcoin is, or excuse me, Ethereum has had a pretty decent run up recently, but it's nowhere near its all-time highs when it's measured in Bitcoin.
So all these altcoins, altcoins tend to be kind of faddish things.
They come and go.
They tend to only last one Bitcoin cycle.
Ethereum is one kind of exception because it's managed to last two cycles so far.
But and when I say a cycle, I'm talking about like a four-year, there tends to be like a four-year pattern where Bitcoin will have a bubble and then a bust.
So yeah, altcoins, it's sort of like if you buy an altcoin, it's kind of like buying Friendster or MySpace when Facebook is there, right?
Like, you know, Facebook has the network effect, so it just doesn't make much sense to get into those others.
Now, as far as like altcoins existing, I'm not against them.
Like, I think it's a great thing they exist.
And the reason I think it's good they exist is because In the event that you want a great deal of privacy, you're able to swap your Bitcoins for altcoins and then swap them back for more Bitcoins, right?
So, when you hop from blockchain to blockchain, from coin to coin like that, you're creating a situation where anybody analyzing the blockchain, trying to trace your movements, could never figure out which coin is yours, right?
It just becomes impossible at that point.
Um, so yeah, Bitcoin, this is probably another major misconception about Bitcoin is that it's it's anonymous, it's not anonymous, right?
You can, um, you can make it anonymous, but there's some hoops you have to jump through to get there, um, and that's a whole process.
And there's something called CoinJoin and Wasabi wallet, kind of like you know, that green spicy stuff you get at the Japanese restaurant.
But, um, yeah, those things can be used to anonymize your Bitcoins, but it's it's a little bit involved, it's kind of advanced.
And I mean, there's, you know, there's ways to do it that are explained on YouTube and videos, but um, it's not something I would recommend for the average person.
The average person, if you want to anonymize your coins, the easiest way to do it is going to be to use there's a wallet in your browser and your on your PC you can get called um Exodus, Exodus Wallet.
And you would deposit, and in fact, I talk about this in an article on countercurrents, but you deposit some Bitcoins into your Exodus wallet, and then there's an option to exchange them for other coins.
So you could swap them out for Litecoins or any other coin that they've got listed.
And that's a really good way to do it because once the swap has been made, you can then donate those coins or use them to buy something or whatever.
And there's no way to connect those coins with your Bitcoin.
So that's one way to go about it.
But as far as altcoins go, generally, they're just not going to be a good investment.
I mean, maybe a short-term trade, you can make money in an altcoin, but I wouldn't recommend it for the average person because I'm more of like a long-term investor guy.
I think that, you know, short-term, it's rare that you'll make money in a trade.
Longer term, it's way easier for the average person just to load up on Bitcoin, sit on it for four to eight years and make a fortune that way.
That's just more sensible.
Well, that's when I was when I was in the Army, I used to day trade altcoins and I made a good amount of money doing it.
But I had the capability to sit at the computer all day and keep all my altcoin stuff open.
And oh, yeah, that's the thing.
It's time consuming.
You have to be able to pay attention to it.
If you can't pay attention to it, just buy Bitcoin and sit on it.
If you have the capability to pay attention to it all day, then okay, yeah, maybe consider day trading.
But if you could try it, I mean, I'd buy for the long haul, then buy Bitcoin.
Sure.
Start with like, you know, start with like 10% of your portfolio and just trade with 10% because, you know, odds are you're going to get burned initially and that'll probably turn you off of trading entirely.
But you don't want to start out with using like leverage and day trading because that's going to be disastrous.
You know, you'll lose everything.
But yeah.
If you don't know anything about trading stonks, then you're going to have a hard time trading with crypto because there's a lot of things that go into it.
I mean, unironically, like Fibonacci sequences go into it and the rise and the fall of all these different coins.
And it can get really complicated.
And then you have to know who is who with the coins.
You know, Elon Musk could send out a tweet that launches a random garbage coin to A fairly up 100% in a day, and then down to 100% the next day.
Yeah, so what happens is like money, it's funny because like money will rotate between all these altcoins.
And it's, you know, sometimes, and I'll watch the YouTube videos because there's dozens of these guys on YouTube who trade these coins.
And it's funny, it's like, you know, one of them will pick up on a coin and then the other ones will start to follow and they'll all pile into it.
So money moves out of the other coins into the fad coin.
And it's sort of this cyclical thing.
They're just kind of playing a merry-go-round type thing with the money.
But yeah, it's and you have to keep in mind too, these altcoins are tiny.
Like you're talking about, you know, hundreds of millions of dollars tiny compared to Bitcoin, which is a trillion dollars, right?
So this is like Doecoin's going to the moon, okay?
Well, it very well could.
I don't know.
Docoin hitting a dollar by 2022.
I don't know about that.
I don't call any Doke Coin.
This is not investment advice.
A lot of people don't have a lot of excess cash sitting around to speculate or invest, however you prefer in Bitcoin, but they do have money in their IRAs or in their brokerage accounts.
And they can buy essentially a representative of the Bitcoin price with something called Grayscale Bitcoin sticker or ticker GBTC.
What do you think about these financial mechanisms that follow Bitcoin's price, but don't give you physical ownership?
I think that's great.
Like, I mean, if you've got money that's trapped in an IRA and you want to invest in Bitcoin with it, one of the best ways to do it actually is just to buy shares of MicroStrategy, which is, I think it's Ticker MSTR.
And the reason is because the CEO of MicroStrategy is this guy named Michael Saylor, who he had a tiny little company.
Well, I say tiny.
I mean, you know, it's like a medium-sized.
It was like a billion-dollar company, but he went out and he immediately bought like over a billion dollars worth of Bitcoin using a bunch of debt.
And he did this back when Bitcoin was trading at around like, I don't know, you know, 20,000 or so.
And so he's made quite a lot of money.
He's more than doubled his initial investment.
And what happened is his stock, the shares of MicroStrategy, because the company owns so many Bitcoins, the stock is basically like a Bitcoin ETF.
It's basically mirroring what Bitcoin's price does.
So if you want to own Bitcoin indirectly, that's a great way to do it, just by MicroStrategy.
But, you know, there's, you know, you could also buy Tesla.
I think Tesla is actually a good company, even, you know, even if you ignore the fact that Elon Musk bought a bunch of Bitcoin, I think the company itself is going to grow a lot in the next five years.
And Grayscale, any opinions on that?
Good.
Yeah, I really don't know.
I think what you have to look at with Grayscale is you have to look at whether it's trading at a premium to the actual Bitcoin price.
Sometimes it is, but I think right now it might not be a bad buy.
I think Grayscale might actually be trading at a discount to the Bitcoin price.
So yeah, if you can buy Grayscale, not everybody can, but if you can get it, it's a good buy for sure.
Fair enough.
Carl, I appreciate your time.
I got a couple more.
Are you good for another 10 minutes or so?
Yeah, sure.
All right.
Awesome.
One of the constant refrains that you hear and we hear all the time is that cryptocurrencies exist only at the privilege of governments around the world.
And when and if they decide to pull the plug or nuke it or attack it, then that's lights out for our little white nationalist financial bonanza.
You poo-poo that a little bit.
We've talked about it a little bit on the show, but what would you actually be worried about, you great Bitcoin bull?
What are some signs out there that you would say, oh man, they really are clamping down?
How would they do it?
Or some things to look out for.
So, the thing that I would, okay, so I think that they wouldn't attack it all at once.
I think they would kind of gradually go after it.
So, they would start out small and then kind of escalate over time.
That's, I just kind of doubt that Biden or somebody would come out and just announce one day, okay, this is illegal.
It'd be difficult to do at this stage simply because it's so, you know, it's grown so large.
So many publicly traded companies own it, and it's kind of intertwined in the financial system at this point.
But the most, I think the most frightening attack that anybody could do on Bitcoin would be what's called an empty block attack, which is where if you get 50% of the total mining capacity, which, you know, majority of the mining potential, you could theoretically just mine nothing but empty blocks with no transactions in them.
And so it would essentially pause Bitcoin.
You would be stuck at that final block, and then the blocks would no longer contain transactions.
In this scenario, I think what you would see is you'd probably see some sort of a workaround by the Bitcoin advocates.
So you'd have programmers out there and other people who would get together to combat this by devising a way to essentially ignore or block the blocks that are coming out of the attackers' nodes.
So any empty block would have to be sort of either manually or automatically removed so that a valid block could be added.
So it would basically be kind of an annoying situation where on occasion you would have an empty block would get through.
But I think even in a worst case scenario like that, I think Bitcoin would continue because there's so many billions of dollars stored on it and so many super wealthy people are, you know, have a major incentive to see the thing continue that I think that they would fight it.
And now the other attack that everybody's always scared of is the quantum computer attack, right?
Like quantum computers suddenly get better and they're able to crack Bitcoin's and cryptography or whatever.
This is like, I'm just telling you right now, that's there's absolutely nothing to worry about with that.
And the reason is because there currently exists types of encryption that are quantum resistant.
So we already have types of digital signatures that cannot be cracked by even theoretical quantum computers.
And so we have in the past, in Bitcoin's history, already updated Bitcoin's digital signature formats.
So far, there have been a total of three different formats of digital signatures in Bitcoin's history.
They're all backwards compatible, but assuming there were a quantum computer that popped out of nowhere, which is highly unlikely, but even if it did happen, it would be trivial for the nodes to upgrade to a newer version of Bitcoin and fork the chain, basically, do a soft fork where you would just update the digital signatures to the quantum resistant signatures.
So this is not a big deal.
It could be, you could solve that in a weekend.
It wouldn't be a problem.
Copy.
And of course, the real Achilles heel that gold bugs might point to is that Bitcoin exists thanks to electricity and the internet.
If the lights ever really do go out and we go into a Mad Max situation, your little treasure, that'll be a cute little trinket that you have.
Obvious ammo.
Yeah, Smashers preferred go-to.
Very good.
Carl, last Bitcoin-specific question.
One of the knocks on Bitcoin is that the transactions take too long.
It's not particularly liquid, like your Visa or MasterCard in your wallet are.
You can't just go to a grocery store and swipe for Bitcoin.
Is that in the cards down the road at all, or is it not that kind of thing likely ever?
Yeah, so we're kind of at an awkward stage in Bitcoin's existence where it's the transaction fees are getting higher because more and more people are wanting to get their transactions on the blockchain.
And that's why I recommend anybody who wants to make a transaction, wait until the weekend to do it if you can.
Like if it's not a pressing transaction, just wait until Saturday or Sunday to do it because those days tend to be when the fees are the lowest because there's for whatever reason, there's just less demand for block space then.
But we're not yet to the point where you can easily make cheap transactions.
I think we're going to get there within the next three years.
And the reason is because we've seen lots of people like, you know, we all, we've got, you know, Square, we've got Visa, we've got PayPal.
These guys are all coming up with their own sort of intranets, you know, where they have their own internal Bitcoin network.
So if you own Bitcoins within their own, within their network and you want to send it to somebody else who's also in their network, you can do it instantly and free, right?
There's no transaction fee because the transaction is occurring within their own, you know, system, right?
It's not actually what if you're banned.
What if you're banned from all of these platforms?
If you're banned from all the platforms and you need a cheap transaction, the best way to do it is just to use an altcoin like Monero or Litecoin.
But and or also, like I said, you could wait until the weekend to make a Bitcoin transaction.
But Carl, can't you transfer Bitcoin to your bank account?
Not yet.
So, well, what's interesting is like in the last, I'm trying to remember exactly when it occurred.
It occurred in 2020 at some point.
It was like, I think it was late 2020, late in the summer or so.
The U.S. government actually passed some regulations that sort of went under the radar.
It was kind of quiet.
Nobody noticed it.
But it was like there was some governmental agency that passed regulations that basically gave American banks permission to store essentially, you know, custody Bitcoin and offer accounts denominated in Bitcoin.
So that is technically legal now.
They can legally do that.
Now, the question is, is which bank is going to be the first to do it?
You know, now there's, I suspect it might be JP Morgan or excuse me, not JP Morgan, Merrill Lynch, just based on the fact that they're so pro Bitcoin, but also like, you know, there are some other banks that have been kind of pro-Bitcoin too.
So I think eventually there's going to come a point where banks will offer you an option.
And I think what it'll probably start as like a credit card thing.
So you'll probably have like a credit card reward system where instead of getting reward points, they reward you with, you know, Bitcoins in a separate account.
And then I think it'll kind of gradually drift in that direction.
The other, you know, people ask me, like, how is it that, how is it possible that Bitcoin could replace fiat currency?
Like, you know, they can't fathom how that would occur.
But the way it'll occur, I'll tell you exactly how it'll happen.
It will happen because over time, you'll see corporations, in particular, retailers like Target and Walmart or whatever, they're going to offer people discounts for paying in Bitcoin.
And so, you know, they'll say at first it'll be something small, like, you know, three or five percent, but then eventually over time, that discount is going to grow.
Um, and that's what's going to cause people to, you know, their eyes are going to get wide and they're going to realize, wait a second, you know, why am I sticking with dollars when I should be just all in on Bitcoin?
So that's there's going to be a transition period.
And when it, when the thing cracks, uh, it'll start to happen really, really quickly.
I think I personally don't expect the dollar to last another seven years.
I think that we'll be fully Bitcoin by seven years from now.
Um, because I just don't, I don't, I don't see how fiat currencies can coexist with Bitcoin.
It's just it's like it's like letting a lion into a cage with a bunch of gazelles.
You know, it's um, it's just not possible.
Bold prediction, Thorburn.
All right.
Uh, last two questions, and we'll see if Smasher and Sam have anything else.
Number one, what's going on, big guy?
Uh, what do we got to do to get you hitched with a fine lady and uh create the next generation of Bitcoin holders?
Oh, oh man, I well, you know what?
I don't know if I should uh you weigh 500 pounds and you still finance on that.
It's not that there's there's I'm not, you know, I'm not even comfortable saying it on a podcast to tell you the truth.
I don't want to make you guys uncomfortable.
You know, web toes, that's what it is.
Oh, no, no, no, it's worse than that.
It's worse than that.
Well, we're circumcised too.
Don't be ashamed about that.
No, it's Carl.
I just want my foreskin back.
Yeah, I know.
Carl, do you have three nipples?
You know what?
I kind of wonder if I do.
I don't, you know, there's one that I question, but anyway.
All right.
Yeah.
All right, ladies.
So, yeah, he's well-spoken.
He's wealthy, at least digitally, and there's nothing significantly wrong with him, except for this one mysterious secret that he's not comfortable talking about.
There's only one way to find out.
Three nupples.
Kiss and tell.
And Carl, if Bitcoin goes to zero, will you come live on Full House on camera and commit ritual seppuku?
Actually, you know, I honestly, I think I would.
I mean, I don't, I don't know if you'd like to.
Will you let me throw you off of a roof if Bitcoin hits zero?
That's right.
It's like I've been, I'll tell you, I've, on a more serious note, I have actually been depressed at a few points in my life, but I've never, it's never been to the point where it's like I've ever really considered suicide.
And because, you know, I think it may be something in my brain is like, I've, I've got this sort of innate optimism.
I think I think in this, you know, short term, I might be cynical or whatever, but I think in longer term, I'm always optimistic.
So I don't, you know, even if Bitcoin crashed to zero, you know, I'd be sad for maybe like, I don't know, three or four weeks.
No, well, not two years, a few weeks.
And then I would, you know, I would move on with my life.
I'd be like, okay, well, time, time to figure something else out.
But actually, you know, it's interesting you bring that up because I do.
I was actually talking to another friend of mine earlier today about two business ideas that I have that are, I think, could make a lot of money.
So I'm interested in starting a couple more businesses soon.
So we'll see.
Good deal.
Good luck, buddy.
Thank you.
All right, Carl Thorburn.
We are so happy and honored to have you on the show.
Thank you so much for sharing your wisdom and bullishness with the audience.
I tend to trust you and agree with you, even though there's a little nagging voice at the back of my head that says, Be careful, coach.
Yeah, don't sink it all in there.
But I'm almost sold.
So, and a little bit more so after listening to you.
Well, have you?
Let me just ask you: have you managed to accumulate a fair amount?
Like, have you been just in the last good?
Yep.
Oh, God, I'll never forget somebody paid me for their spot in a beach house in Bitcoin in summer 2017.
And I was like, oh, oh, and I, but I sold it right away.
Like, yeah.
And credit and credit.
I give my wife like a running update of our crypto balance.
And she's like, don't sell it, coach.
I'll make you feel a little bit better about it.
You want to know how?
Back in, I think it was, I think it might have been 2014.
I think it was my brother wanted to, he has his own business and he wanted to buy another vehicle for his business.
And he sold 44 Bitcoins to buy another truck.
So it was like $2,000.
Yeah, it was, that was bad.
And I, I, and, you know, the thing is, I tried to discourage him.
I was like, dude, you know, go get a loan, you know, do something.
Don't sell them.
But yeah.
Good stuff, brother.
All right.
What do you want to plug?
How about it?
Oh, see, I got my Telegram channel.
In fact, you know, I recently changed the address to it just so that I could make it easier for people because my apparently my pseudonym is a little bit, you know, it's kind of difficult to Thornberg.
Yeah.
Like it's good.
Yeah, that's what that's what the white rabbit radio guy, he uh, he's always calling me Thornberg.
And it's funny because I'm not Jewish.
Yeah, it's uh it's t.me forward slash Bitcoin Carl.
And that's that Carl with a K.
So it's just Bitcoin Carl.
And if you go there, that's my Telegram channel.
And I've got a Gab too, which my gab is actually my full name, Carl Thorburn.
But it's, I don't, I'm not really super active on Gab.
So I've got to, I've got to start being more active on there.
But yeah, I want to, I want to get back into that because, you know, I've given up on Twitter.
I've just completely, I've just like, and you know, the reason I've given up on Twitter is because it's like Twitter.
I realized a while back that the more time I spend on Twitter, the more crappy I feel.
I just, you know, it doesn't make you feel good.
You know, total time suck.
Carl, my young son came in here and saw the Tintin avatar.
Oh, yeah.
Anything behind that?
I just really enjoyed the cartoon when I was a kid.
And I thought, you know, it's funny, after I, even after I chose that avatar, like a week or two after I picked it, I saw a headline somewhere.
Somebody had written an article saying that 1010 was a nationalist and evil because it was, you know, promoting white supremacy or something.
And it made sense because, you know, in retrospect, there are some 1010 cartoons or something where he's like visiting Africa or whatever.
Yeah.
I remember.
But it wasn't a conscious decision.
It was just totally accidental.
Oh, okay.
Well, good.
And Carl, real quick, sorry, I'm really guilty in the lily here.
How did you end up becoming a white nationalist?
Something happened or just a gradual process seeing the ways of the world?
So I grew up around a lot of blacks.
And, you know, I didn't have, I never had, you know, direct conflicts with them, you know, just where I was.
But it was enough to where I knew that there were major differences.
And anyway, I think in, like I said, I was a libertarian for a while.
And I think it was, actually, believe it or not, I think it was Ricky Vaughn, that guy on Twitter, Ricky Vaughn, that actually essentially turned me into an explicit open white nationalist.
Because I was just reading his stuff and I was like, you know, this guy is right on the bunny.
He's honest.
And I just really love the honesty.
I was like, you know, we should be able to advocate for our own people and ourselves.
You know, there's nothing wrong with that.
And it felt good, too, because it's like, you know, when you go, you started out being kind of like an anarcho-capitalist.
That's just like super, super selfish and self-centered and self-oriented.
And it kind of makes you kind of a weird weird insular person, right?
And when you start to care about other people and other groups that are adjacent to you, then you really start to value life a lot more.
So amen.
I always just said white girls are prettier than non-whites.
Yeah, that's that goes without saying.
That's good enough for me.
That's all I need to draw on the conclusion.
Sammy baby, sell that sushi, sushi stock, sushi cell, and band camp and hammer skin coin.
Yeah, get rid of all that.
Yeah.
Thank you, Samuel.
Yeah.
Great show.
Great conversation.
Thank you, Carl.
Thanks, guys.
Yeah, I appreciate it.
I loved it.
Smasher, are you still with us?
I'm here.
Thank you, buddy.
Yeah.
No, it was a good episode.
Who's got the frogs in the background?
That's that's that's me.
I'm out in a mountain the great Appalachian gazebo, Carl.
I know.
I come out here so that I can speak to my heart's content and not bother the family.
So I've frozen my balls off in the winter.
I've sweated in the summer, but this spring, it's frogs and it's raining right now.
Oh, I'm jealous, man.
I'm jealous.
I've got a pond near me, and I, you know, I'm still waiting for the frogs to show up.
Hopefully, they'll be here within the next month or two.
We'll see.
Oh, God willing.
Yeah, it's great.
I love the peepers.
Smasher, thanks again, buddy.
Best of you and your family.
Yeah.
Thanks, man.
It was great to be here.
I'll see you this weekend.
That's right.
Yeah.
Good luck with your good luck with your remodeling and bathrooms and all that stuff.
I know how tough that is.
That's not easy.
Well, the worst part is that my hand falls, my right arm falls asleep if I put it at my shoulder or higher.
And that has to happen a lot.
Oh, no.
Is that because of the chisel injury?
Because of the chisel injury.
Yeah.
Yeah.
So you don't have the same job.
The blood going to my hand is more than adequate, but the blood flow coming back is suboptimal.
Well, at least you didn't chisel your day.
Yeah.
No, I had a rabbi do that for me.
Mr. Perdusa, thank you for sticking with us, timekeeper, button pusher.
You're welcome.
Hey, man, that's just my job.
I know you think that every time I announce the time, I'm trying to push things along, but that's not really what's going on.
No, I know.
Hey, yeah, I really thought we were just going to go one hour and keep it tight, but a bunch of gabby guts and great content.
Yeah.
So it was good.
Happy we did it.
All right.
Full house episode 86 was taped on a froggy April 8th, 2021.
It's still April 8th.
We didn't go into the next day this week.
Follow us.
Yeah, exactly.
Follow us on Telegram, Gab, YouTube, and D Live, where we will be live streaming again finally next week.
Second anniversary extravaganza with all of our regulars, plus some special guests.
We are just going to kick it.
I'm going to tell myself I'm not going to make notes and just relax and have a good time, but I'm probably going to make notes.
It's just what I do.
You know how I know we're feds?
We're still on YouTube.
Dude, are you really?
Are you really?
Yeah, we are.
Well, thanks to Mr. Producer editing, and I don't know.
Maybe they keep us around.
Like, you know, whenever somebody doesn't get banned, they're like, oh, they're just using them as a tracking module or whatever.
We also don't have a lot of subscribers.
That's probably why.
Yeah, yeah, okay.
Hey, I'm subscribing all four of my accounts.
All right.
Yeah.
Same.
Coach, let's seriously.
Let's wing it next week.
I'll come on if we're doing it.
How's that?
Like, don't hold my hand, boss.
Yeah.
As usual.
Yeah, I'll come on if we wing it.
I feel anxious already, Mr. Producer.
No, let's have fun.
Let's have fun.
Okay.
All right.
I think we'll have a lot of packet.
I think we're going to pack a core's banquet and get a bottle of water.
If that's what it takes, you know, to get the results you need to get and we want, then fine.
But yeah, let's.
I think we earned it.
Yeah.
Right on.
Tell you what, Neil, if you bring some of those drops out, you got to have some of those classics and just intersperse them.
Okay.
I know you did the work already.
Yeah, yeah.
And I've got some other stuff I want to put for drops.
I'll smash a bottle of Jameson Live.
Yeah.
And you will regret it.
I won't.
We'll do it.
In the audience, that is dlive.tv/slash fullhouse.
We are still up there.
We haven't been red-checked or blackmarked or whatever the hell that commie company is doing.
So who knows?
Maybe it'll be our last one.
Yeah, we'll do the after-show with you and we'll get this.
This is going to be on DLive.
Yeah.
We've live streamed on there a couple times.
We don't do it a lot.
It's kind of special occasions.
Like, you know, we've always done a podcast and recorded it where we can go back and clean it up for curse words or stumbles or if anybody slips up.
And when we do the live stream, it's a lot of fun.
It's high energy, but it's also a little sloppier.
So that's why we don't talk a lot.
Yeah.
Okay.
Yep.
Cool.
I'm going to say nigger.
We'll have you on, Carl, if you want to talk about something other than Bitcoin and expand your horizons there, young man.
Oh, yeah, totally.
Well, we can talk.
We can talk physics and all sorts of nerdy crap.
Invitation rescinded.
All right.
Yeah.
Yeah.
Carl, you are formally invited.
Anyone who has come on Full House or is a good friend, whatever, we'll throw you in.
I saw that Collett had like our Patriotic Weekly review.
They had some like super show the other day and they had 10-minute slots for like 20 guests.
I was like, good God, it's a nightmare.
I don't know how that went.
And we didn't get an invite.
Yeah, I know.
We had them on.
We were kind of hard.
You know what?
I'm going to make my own Call of Duty team.
And then when Patriotic Alternative streams their next Call of Duty playing, we're going to join their match and just wreck.
Oh, I just checked my spam inbox and here it is.
Dear Mr. Coach, we would love to have you on the show.
All right.
That's what happened.
Really?
I'm joking.
No.
Did you actually believe that?
Yeah, I did.
Dear Mr. Look, man, I just.
Yeah.
Sounds just like him, right?
Yeah, exactly.
All right.
So to all of our listeners seeking to secure the existence of our people and a future fortune for white children, listen to our main man, Carl, and at least wet those beaks in some Bitcoin tomorrow or wait until the weekend.
Mr. Producer, tonight's closer is a no-brainer.
Carl, can you guess what song we're going out with this week?
Given the subject and Bitcoin.
Okay, well, let me guess.
I would say, like, maybe is it's a Pink Floyd money.
Oh, you normally.
No, it's Pump It Up by Endor.
Come on.
Every time we touch by Cascadia.
Right, right.
Every time we touch the new all-time high.
All right.
This is Pump It Up, the official Bitcoin theme song, I guess, by Endor.
We love you, fam.
Get stacking.
I'm smacking the table.
Listen to our pal Carl.
We'll talk to you next week.
And as Thomas Sewell says, put him up.
White Power.
You can still do the things, Master.
White Power.
See ya.
See ya.
You got to pump it up.
Don't you know?
You've got to pump it, don't you know Don't you know?
Pump it up.
Don't you know?
got to pump it up.
Don't you know?
Pump it up.
You got to pump it up.
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