Knowledge Fight Interactive Search Tool

All Episodes

Previous Next

June 25, 2024 - Health Ranger - Mike Adams

01:31:51

Michael Mationschek from Unitree.earth joins DTV to discuss a food production based economic framewo

Large

Audio Only |

Scroll

Time	Text
	Music. Music. Music. Music. Music. Music. Music. Music. Music. Music.
	Thank you.
	Welcome to today's episode of Decentralized TV, hosted here at Brighteon.com Studios in Central Texas.
	I'm Mike Adams, and as with every episode of Decentralized TV, I'm joined today by my co-host, Todd Pitner.
	Welcome, Todd.
	Mike!
	Great seeing you, man.
	It's great to see you.
	These are exciting days, are they not?
	They are.
	They are.
	Really excited about the guests today that we have on.
	And I'm just going to ask in advance for permission to be a little nutty because I kind of have something funny I want to share.
	Okay, okay.
	We'll do that.
	In due time.
	But just for who we're having on today, you're kind of like a kid in a candy store here.
	I am.
	That's the whole thing.
	Yeah.
	I'm telling you.
	Well, I mean, you're growing your own food.
	You have your own sort of mini food forest there in Florida, right?
	I do, yeah.
	And it's doing really well.
	What's the latest on that?
	Are you getting fresh fruit and papayas?
	Man, it is so crazy.
	It's so, you know, what's the abundant?
	Everything is coming in.
	Like I shared with you before, I think out of all of the plants that Jim Gale and his team came and installed, I thought that through the winter we'd lose about maybe, I lost about 5% of them.
	But no!
	I go out there now and those little stubborn dudes that look like they were dead, they're all coming back to life.
	Oh yeah.
	And it's just It's just so cool when you think about, you know, permaculture and recognize that we're just mimicking God and he's pretty good at what he does, you know, putting together systems that work together.
	So obviously with Unitree.Earth and then, you know, I consumed the white paper.
	And as I was reading through there, Welcome to my show, Michael.
	Welcome to my show, Michael.
	Cool.
	Yeah, that was a good attempt.
	That was a good attempt?
	Okay, I'll take that.
	That's a passing grade.
	Okay.
	Good job, buddy.
	So, tell us about Unitree.Earth, about yourself, about the organization, what you're doing, and why.
	Okay, me, I'm from Cape Town in South Africa.
	I've been developing software systems since I was like 14 years old.
	Started as an enterprise developer around 2017.
	I've just been working, writing systems for, I guess, corporates and also the super yacht industry for quite a while.
	And then I got into cryptocurrency around 2017.
	And then I started basically exploring this alternative blockchain decentralized world and investing quite a bit of my personal capital into it.
	But then it got me to, I guess, reevaluate my relationship to money quite a bit because I've been using money in our current society in one form.
	And then with cryptocurrencies and stuff, I started seeing that money can operate in like a thousand different ways.
	And then just because I write soft systems for a living, I started trying to analyze, okay, what's this all based on with regards to the existing financial systems and these new financial systems.
	What came to me is that the most important attribute or characteristics of our existing financial system and these new financial systems is basically how we create money determines what we work towards as a species.
	So when money is gold, our whole society works towards mining gold, and money is debt, our whole society works towards paying off debt.
	Or creating debt.
	Yeah, yeah, but that's almost like what we create the debt, but then we have to work towards paying it off.
	Yeah, yeah.
	And then when the money is like Bitcoin, now we're basically investing all this energy into solving these kind of computer puzzles to mine the Bitcoin.
	But it's kind of like, I was kind of just figuring, okay, we're investing a lot of energy, but into those, let's say, avenues or directions, but it's not creating any real value for ourselves as a species.
	But then we're trying to solve our problems.
	So I just thought to myself, okay, what's here anything of real value?
	And what came to me is anything of real value is our environment.
	And that's kind of where the concept of Unitree came from, is to do creating a currency that gets us to work towards regenerating our environment and at the same time backing the value created, like the money can be then backed by the value being created by everybody.
	So you're tying, you're tokenizing the abundance of Mother Nature in a sense.
	So when people protect land or when they produce food from sustainable agriculture, then they get, how does this work?
	Do they get coins for that?
	Yeah, they get these unitary tokens.
	So if you basically contribute a piece of land or you buy the tokens for money, which goes to basically setting up infrastructure like food forests and I see.
	And what are these tokens called, by the way?
	Well, we call them unitary tokens.
	Okay.
	And are they traded also then?
	I mean, you said people can buy them.
	They can contribute fiat.
	Yes, exactly.
	You can do that.
	We've built an exchange.
	So basically, we have like a project management system in the background where we can mint tokens, but then we can either mint tokens and put them into an order book that people can buy, which then raises capital for the project.
	Or we can mint tokens to pay people when they contribute other resources.
	So whether they put a piece of land into the system, or they come and do a permaculture design, or they come and build some structures, like whatever it is, help install the food forest, and they can also earn the tokens.
	And then you would have a trustee who basically manages that process of minting the tokens, and then you can also sell your tokens to other people via the exchange as well that we've created.
	So you can come and contribute to the project, earn the tokens, hold your value for a year, then the value of the project goes up, and then you can sell your tokens off to people who actually want access to the project, or they might want some income out of the project or something.
	Okay, wow.
	Todd, I know you've got a lot to jump in with.
	Go ahead.
	Wow.
	Especially off of that, you know, the bane of most crypto projects' existence is liquidity.
	So I want to unpack that a little bit later.
	But I just wanted to get a little goofy at first.
	It was like, literally, as I was just consuming this white paper and going through, there were so many...
	What's amazing here is you're taking technology and you're combining it elegantly with nature.
	And it's kind of like I was thinking about that first, the genesis of the idea and stuff.
	And my mind took me to Cheech and Chong.
	You remember Cheech and Chong, right, Mike?
	Yeah, yeah, of course.
	The stoners.
	So my mind went there and thinking about the genesis.
	I was just imagining, you know, Michael and whomever sitting around coming up with this idea.
	Yeah, yeah.
	And, you know, I imagine Cheech and Chong smoking a bowl of new, powerful, you know, strain of recently harvested weed at 3 a.m., just brainstorming, right?
	You know, like, dude, if you think about it, you know, we can regenerate this weed.
	You know, we can plant it, we can grow it back with the seeds, and we can grow it, smoke it, and we can permanently solve world problems, dude.
	You know, permanently.
	Permanently.
	Like, for our culture, you know, we can brand it permaculture.
	You know?
	One toke at a time.
	Wait, bro.
	Toke.
	Tokenized permaculture.
	Tokenized.
	I want to.
	That's what you mean by tokenized.
	Yeah, and ultimately, when you arrive at kind of the macro from the white paper, the macro one-sentence hero statement, correct me if I'm wrong, Michael, but it's, we can create a digital platform that uniquely combines permaculture projects with a token-based model, right?
	Yeah.
	Yes, pretty much.
	Because the way I see money is just an accounting system of value that people contribute.
	And the cool thing with blockchain is we can create our own accounting system for these permaculture projects.
	Yeah, it's fascinating.
	So, I mean, and what I thought was really cool was there are many ways to be able to add personal value.
	So, I mean, there are many of us who have been, you know, they call us the walking wounded, who've been through, you know, crypto for a while and It goes up, but it certainly comes down, and I think all of us have been, you know, a tree doesn't grow to the sky.
	And so what was cool is not only can you invest in Unitree.Earth through your exchange by actually taking fiat and buying into projects that you assess that you want to, which is cool in and unto itself how you present that, But if I want to add personal equity, I can actually roll up the sleeves and get to work and actually contribute to projects in return for ERC tokens.
	Is that correct, Michael?
	Yes, that's totally correct.
	Or unitry tokens, sorry.
	Yes, that's exactly it.
	So, I mean, there's lots of people, I mean...
	I mean, there's probably thousands of permaculture designers out there.
	There's lots of people with land available that don't necessarily have the capital to develop their land and stuff.
	So basically anybody can contribute whatever they have to the system.
	Yeah, and the big question I have is, Michael, how is it going?
	Because.
	This is very, very elusive.
	It's kind of like, I love permaculture.
	I installed a food forest in my back property.
	I'm totally in love with the concept, the magic, the majesty of it all.
	But for me to think about investing in a food forest elsewhere...
	Or a project like you'd mentioned prior that you're in the area where Mike is.
	There's a woman who has 20 acres who wants to develop it.
	So I'm trying to think about if I were like, what is my return on investment?
	Because liquidity, as I said, is the bane of most crypto projects' long-term viability.
	So how do you incent people above and beyond out of the goodness of their own hearts just to contribute to make the world better in a project?
	Tell me about the business model.
	Okay, so basically I would say these tokens can give you benefits on multiple different levels.
	The first thing is we're tying the value of the tokens to the value of the project.
	So let's say you...
	Buy a share of, let's say, the land, then as we reappraise the land every year, then we're going to reappraise the value of the tokens.
	And then also, as we, let's say, develop the project, generally, let's say, we're looking at building, let's say, a bunch of short-term rental structures here.
	And let's say install like a food forest and stuff and then it could be turned into like a type of ecotourism and there's like a healing, let's say a healing center next door that's running retreats and stuff.
	They could also use the accommodation and stuff and then also the tokens can give you access to the projects.
	So let's say like our idea is to create like let's say a worldwide network of these projects and then within the projects you could We're basically also using NFTs which can represent access to the project so it could be access to like a plot of land or like a tiny house or timeshare or So your tokens can now allow you to acquire NFTs from the project, which can give you access in some way.
	So it could either be a share of, let's say, an ecotourism project's rental income, or it could be access to the project, or it could be the fact that these tokens are going to go up in value over time as natural resources become more scarce and with inflation.
	And it's almost like you're hedging yourself against inflation.
	Sure.
	By investing into some of these projects.
	And for me, it's like, the whole concept is throwing your money in a bank rather than throwing it in a forest bank.
	And then also these, over a longer period of time, these agroforestry systems can also generate value through the resources they create.
	And I feel like from a sovereignty perspective as well, the way that we're going to become more sovereign as a species is through becoming more resource independent.
	One of the fathers of syntropic agroforestry, when he studied ancient cultures, the biggest reason why they collapsed was because of resource depletion.
	So, by investing into regenerative systems, you're actually investing into, I would say, the future of ourselves as a species.
	Then you can also set up communities for agriculture systems and stuff.
	It is a big idea, and I would really encourage everyone to just, you know, go into your favorite browser and plug in Unitree.Earth and Whitepaper And actually read it.
	It is fascinating.
	I love your vision, and I think you actually have a shot at executing on it, and I know you already are.
	So, Mike, over to you.
	Okay, so yeah, I've got a couple of questions that come to mind here.
	So, you said at one point that if somebody contributes...
	To the project and then there's a piece of land and then the land gets re-evaluated and then that alters the value of the tokens.
	I'm curious about that mechanism because it sounds like there's a human involvement in that.
	And we don't trust humans, to be honest, about tokens.
	Right?
	So how is token valuation handled algorithmically when it's tied to Property valuations without having to trust humans who are untrustworthy by nature.
	So, I mean, when it comes to money, I'm sorry to say, look, I love everybody's positive heart and everything, angel wings and halos on everybody, but when it comes to money, they're all demons, okay?
	So how do you answer that?
	You're going for the easy question.
	Well, right now, from my perspective, we should be valuing it based on, let's say, conventional real estate mechanisms and stuff, just because that's...
	I mean, we, I guess, are trying to create a transition system of some kind, and I don't know, I kind of feel like people still trust the matrix valuation system on many levels when it comes to How, I guess, resources are valued and stuff.
	So, I mean, our idea would be to kind of put the project into, value it more like a business, whereby you take the value of the land and the infrastructure and all that kind of stuff, as well as, like, the income that the project generates to establish the token value.
	But obviously people, it's also up to people what they, how they're willing to value it themselves.
	And I can't say we've got a perfect Model for it is something we're working out at the moment with regards to like how we approach this because for me it's I mean we could value it algorithmically as well whereby we let's say maybe do appraisal on the project but at the same time people can choose how they how much they want to sell the tokens for whether they want to sell it for more Or whether they want to sell it for less based on whether they want to sell the tokens faster
	so they sell it for less or they sell it for more because they believe in the future value of the project.
	So the tokens are floating in a supply and demand free market situation, but then tokens are minted when people contribute to the project and they're minted At the current value, but also then tied to the appraised value of, let's say, the land that they're contributing?
	Is that how that works?
	I mean, who controls the minting?
	Is somebody at a computer saying, okay, somebody donated a million dollar piece of land, now I'm going to choose to create a million dollars worth of Unitree tokens?
	Well, we generally would have a steward for the project, because every project is held in an Earth Trust.
	And we define the benefits of the tokens and schedules of the trust.
	And then, so we would have a trustee who's actually, it's almost like the project manager of the project.
	So somebody like my friend Rachel is here, it's her 20 acres.
	She's got a vision for the project.
	She wants to build, let's say, a short-term rental business around permaculture and Like a media center and everything out here.
	So she's got a vision and then the idea is that she would put together a business plan for the project and all the financials and everything needed and then people would invest based on her vision for the project.
	Okay, yeah, but I follow all that, and I know Todd's got the same question I do.
	I can sense it.
	Who mints the tokens, and who has the power to mint tokens?
	Is that a human doing that?
	Yes, it is.
	Yes, it is.
	You would have a project manager who mints it, like the trustee of the project would mint the tokens, and then we're setting up some sort of oversight as well for the whole process.
	Well, that's like a fundraising platform.
	So yes, we are a tokenization and decentralized economy.
	At the same time, we are a fundraising platform that's looking to raise funds for these various regenerative projects.
	Okay, so then, Todd, you can follow up with this, but I'm sorry to be skeptical, but I can sense our audience is going to answer.
	Because our audience is very well informed and they're very skeptical as well.
	But if I'm a token holder of Unitree tokens, I'd be very concerned about this other person.
	You said Rachel's awesome.
	I trust Rachel.
	But maybe there's somebody else that's not Rachel.
	That's called a trustee, but somebody comes along and says, hey, I'll give you a kickback of 25% if you mint these extra tokens for this piece of land that I'm going to donate to the project, and then we'll split the proceeds by diluting the value of everybody else's tokens.
	Basically, it's a token printing counterfeiting operation at that point if that person is not totally trustworthy.
	That's my question.
	Yeah, I hear you.
	Our view is that we are overseeing the token process, the token minting process as well.
	So we are setting up, like, within our organization, oversight for the token minting process.
	To make sure people aren't doing that.
	So, Todd, how do you think this gets navigated?
	Because on Bitcoin, it's proof of work.
	I don't have to trust a human being.
	Yeah, I don't know.
	And believe me, Michael, Mike and I, we never go into these interviews wanting to tear anything down.
	So excuse our questions.
	No, we're not.
	We're just asking questions.
	Yeah, totally asking.
	My concern goes right to, it sounds to me when you talk about, well, we and oversight, and my mind goes to, well, who are we and why should I trust you?
	Right.
	And then I think about the how we test, and I think, Your security.
	So have you gone through with the SEC all of the proper filings to be able to launch this tokenized business?
	Because it just, and again, maybe I'm wrong, and I'm sure you've done the research to where You can share with me why I am, but I just get really concerned that there could be a knock on the door one day saying, hey, you're a security.
	There's centralized control.
	There are people who are minting these tokens.
	It is not in the wild.
	It just kind of takes care of itself.
	Your order book is a sell order book only, right?
	Book system.
	So to me, what it seems like, and again, correct me if I'm wrong, and let me just kind of personalize it.
	I'm going to be going on a tour of this property with Corey Indralott, Mike.
	He lives near me, and he wants me to see this property, which is $500,000.
	He's raising money for it.
	He says it's an amazing piece of property with everything that's on it to be able to basically install permaculture and And do like Jim has done at Galt's Landing.
	And so he's already raised a good bit of the money, but for me, as I'm understanding this, that would probably, Michael, be a good, I mean, you might be a good alternative to the fundraising and the management of all of this.
	And that's why I am really trying to back into how this can work positively, but I'm just a little bit concerned about the trust issue with this, because we're having to trust someone And the other thing is, when you're talking about a project, any project, what I really want to know is the business person behind it.
	Have they done it before?
	It's nice that somebody has a vision, especially in the world of permaculture and earthy type people, and I love you all.
	But, you know, there are true costs, expenses.
	What's the business model?
	How am I going to...
	How am I going to make sure that you're going to be a good steward of the money?
	So, again, a ton of questions, and I feel badly.
	It's unfair.
	I mean, so for us, when it comes to trust and stuff, we've got this structure we're using.
	It's called trifecta.
	Okay.
	Basically, our whole organization is actually a ministry, and our vision is to basically help humanity live more in harmony with the earth instead of a system based on nature.
	And then our exchange is run as a private membership association.
	So the whole idea is that you have to join the private membership association.
	Because you've got two types of law.
	You've got statutory law and you've got common law.
	Sure.
	So all the regulations and stuff when it comes to securities and all that kind of stuff are basically statutory law.
	Ah, okay.
	But then if you join our private membership association, it's almost like we take it out of the public domain, your involvement into the private domain.
	And that's the only way we can see to set up these new types of systems.
	Okay, so you've thought that through.
	And so you're operating as a PMA to be able to, I'm not going to say the word dodge or deflect, to be able to operate outside of the standard requirements of the SEC and Yeah, we're looking to become more sovereign.
	Our goal is to create more freedom for humanity and create the opportunity for setting up more of a system around living in harmony with the Earth and stuff.
	When it comes to Corey, I'm actually involved with...
	Corey and I are busy chatting about putting his project onto the platform.
	Oh, great!
	And in the context of him, you would have to trust him.
	So it's almost like he's built up a community around him and all the people trust him.
	Right.
	And I love Corey, but I don't know if I trust his business acumen to the level I would hiring a general contractor.
	And I say that without personalizing it.
	I'm just trying to wrap my mind around.
	Because what you're dealing with right now, and Mike, I think you'll agree, is there has been really so many people that has had...
	Sam Bankman fraud.
	I mean, he was going to give money to the whole world.
	He was positioned as the number one wealthiest angel.
	Right.
	Right?
	Giving money to everybody, except he was ripping everybody off.
	Why?
	Because the power was concentrated in the hands of too few people who were, ultimately, they were, they succumbed to greed.
	And that's a human problem.
	Well, I mean, with what we're doing, you're like, because everything's on the blockchain, everything is transparent.
	But so was FTX. FTX was on a blockchain.
	FTX was transparent blockchain.
	Yeah, but I mean, for every project you'll be able to see exactly how many tokens there are, and if somebody's diluting your tokens, you'll pick it up very quickly.
	So I don't see that this, from my perspective, there isn't a major issue around the token minting, just because it has to be transparent.
	And if we are doing like real appraisals of the projects, then you'll be able to see the real appraisal and what your token value is.
	Your token value is going down because it's being diluted.
	That will be picked up by the network.
	And our goal is to basically build a positive reputation for these projects so it's in our best interest to have these projects succeed and have the people investing into these projects succeed in order to grow the platform of what we're doing.
	Well, absolutely.
	I have no doubt about that.
	The place my questions are coming from is not about you and you mentioned Rachel and other people who are good faith people who believe in permaculture We're living in harmony with Mother Nature.
	All of us here, all three of us, we share these values.
	And we all grow food ourselves.
	I mean, I was planting more trees yesterday, literally.
	The question is, what can a bad faith person do to come into this system and hijack it and exploit it and extract value from it or to destroy it from within?
	That's the question.
	And that's where...
	Bitcoin solved the double-spend problem, right?
	Distributed technology, proof-of-work or proof-of-stake types of approaches.
	That's where Todd and I, where our questions are coming from because we've talked to a lot of people about a lot of projects and we look for holes in them.
	I mean, so I'm still kind of stuck on this idea of How tokens get created and who decides the value of them?
	Let's do this.
	Let's do this, Mike and Michael.
	Let's take as a use case the property that Corey and I are going to be looking at tomorrow that's $500,000.
	And let's just say, based upon your model, if we came to you and we said, okay, it's going to be $500,000, but we think the build-out for the property is going to be another million.
	So...
	We've already raised $500,000.
	We are seeking a million dollars to be able to use to create this amazing piece of property.
	We create a business model, I presume, to be able to present, but somehow, take it from there.
	What would we do Working with you to try to create this to where you make it easy for us to be able to raise more money and manage the project.
	And then to give value back to the token holders.
	Right.
	Right.
	So how does that work?
	Yeah, walk us through that.
	Okay, so has the land been bought yet or not?
	Not yet.
	No, but the money's been raised.
	So it has the capital.
	Yeah, the capital is there in the land, and these people prior to Unitree.Earth was not in the project.
	There's really a lot more people that have donated to this who are more philanthropy-minded.
	But they're going to want value in return, so let's just say we have to acknowledge them, and somehow in this overall Unitree.Earth model, I want them to be able to get That $500,000 needs to be tokenized to or NFT-ized or whatever you would suggest.
	Yeah, so it really depends on what he's going to do with the project.
	Like if the project is going to generate income or if the project is going to have, let's say, plots that could be turned into...
	I don't know, like Airbnb units or something along those lines.
	So let's say it grows food, sells the food, and generates income.
	Let's just use that as a thought experiment, okay?
	And it generates, let's say, a quarter of a million dollars a year in food sales.
	So how does that work?
	Yeah, so basically you've raised $500,000.
	So what we do is we create...
	The way we hold, let's say, the land and stuff is in a trust, and in the trust we define the schedules, which then define what the token, the benefits for the token holders.
	So let's say it's a share of the income, then the trust schedule would say that basically the income will be distributed proportionally to the amount of tokens in circulation.
	Basically divided by the amount of tokens in circulation.
	So if you hold 10% of the tokens, you would get 10% of the value or 10% of the income from the project.
	So then first we would, let's say the land's been bought, we put the land into the trust and then we would give the people who invested into the land, we would give them tokens to the value.
	So that's where we price the tokens at like a dollar each.
	Then we would generate 500,000 tokens and then we distribute it to the people who invested to buy the land.
	And then we would issue, let's say we need to raise another million dollars, we can then issue another million tokens into the order book and then the people from Corey's group who want to, let's say, invest into, let's say, helping raise the extra million dollars could then basically buy those extra million dollars worth of tokens on the exchange and then the project would then get access to the money invested to then be able to develop the project.
	So the token holders are shareholders, but they would receive their share of the profits in fiat, probably, because that's how the farm would get its money, is probably in fiat, right?
	Yes, exactly.
	And then we've got a revenue disbursement engine built into the exchange.
	So then Corey can then send the fiat currency to our exchange and then basically distribute it to the token holders.
	So how is this any different than...
	People just forming a partnership on paper to buy this land and do the same thing.
	Because you can actually then raise capital from people all over the world, because our whole idea is to become almost like a Kickstarter for regenerative projects.
	So anybody who's interested in contributing to these projects can then, like we're working towards creating a worldwide network of these projects on the platform, and then anybody who's interested in contributing either Basically, investing into the projects, or let's say somebody's...
	Yeah, I mean, our whole idea would be to keep onboarding land projects onto the platform, or...
	Yeah, it's basically, we're just trying to join, bring everybody together who wants to contribute to these projects and create a network of these projects, and then we'd also be able to move value between projects.
	And down the line, our next thing that we want to develop is the concept of regional tokens.
	So, for example, we could have like an Austin Unitree token that operates a bit like an index fund.
	So then it could be backed by a whole bunch of projects in the Austin area.
	And then that could become almost like a regional currency.
	Because you only get two types of currency.
	I mean, my issue with something like Bitcoin is basically it's fiat currency because it's not backed by anything.
	So you only get two types of currency, fiat currency or commodity backed.
	And even gold and silver is kind of seen as portable land.
	So we can basically tokenize land and then it becomes like a commodity backed currency.
	And that's why we're trying to tie it to the real value of the land.
	But yeah, I mean, there's different benefits to the whole thing.
	And then we've also got the NFT ability so that we can basically create timeshare and all kinds of stuff.
	But it basically allows you to...
	I mean, like the big thing that blockchain allows is...
	It was like raising capital like you would with a publicly listed company, but you can do it like as a startup.
	So like the thing that got me quite interested in...
	Doing this project was when I read that blockchain in 2017, it raised more capital than venture capital worldwide.
	Those were mostly ICOs and almost all those projects collapsed.
	Yeah, so obviously we don't want to do that, but I'm just saying the actual technology of blockchain allows us to basically Create a way, I mean, they get people to, like, I mean, I read how they, I mean, there's people who are buying, like, artwork like this.
	They'll create a trust structure, and then they'll get, like, a thousand people to contribute to buying a piece of art together worth $40 million.
	We normally, people won't be able to do that on their own, but not everybody can benefit from having a share of this expensive piece of art, which will go up in value over the next...
	X amount of years.
	There is a service out there, isn't there, where you can buy micro-shares of art.
	I've heard of that, and I think it is blockchain-driven, so what you're saying there I think makes sense and is out there.
	So you're saying that that's kind of the same thing about land that is income-producing in some way.
	Yeah, so from my perspective, a farm per acre is a lot less than, let's say, buying You know, land in like more urban areas.
	You can buy maybe like 100 acres where the price per acre is maybe like $10,000.
	Yeah.
	And then you can basically build a village, for example.
	That's sort of like my sort of thinking is that now you can tokenize and get like a crowdfund doing bigger projects with a whole bunch of people.
	And the people don't all necessarily need to know each other either.
	Because now you're going to get somebody who just puts together a business plan.
	Maybe he's got a good track record.
	And they've got quite a good opportunity and now they can make it available to people.
	And I know a lot of people in the regenerative movement who also have this...
	I mean, it's not just me who has this idea either.
	I know lots of people working towards building a similar type of system because a lot of people see the need for something like this.
	And a lot of people have a dream of creating a network of eco-projects all over that they can move between and contribute towards.
	Yeah.
	So I'm trying to understand, let's go back to the model, the Cori model of a million and a half dollars.
	So let's say that we have minted a million and a half tokens at a dollar a piece.
	And we're going along, we're a year into it, two years into it.
	The price, you know, Cori hasn't been the best manager of the project, even though he has a huge heart.
	And darn it, we're not hitting our targets.
	And it's going to require another half million dollars to be able to get to the finish line.
	So we have to raise another half million bucks.
	What does that do to the token price for the rest of us holding the dollars or the tokens at a dollar?
	Yeah, I mean, if the money to the project is being mismanaged, I mean, it's going to be, obviously, I think any project that people invest into, there's always a risk with any investment.
	So some of these projects might do really well.
	Yeah, but I'm talking with your system.
	So now we need to raise another million and a half dollars.
	Is that just issuing more tokens than a bucket piece?
	Well, what we would do is basically, I mean, let's say we got to the point that's in two years' time, and maybe we're doing an appraisal every year or something like that on the project.
	So then you'd maybe like the million and a half I mean, it depends on if the project's worth that or not.
	So let's say if it is worth that $1.5 million, but you actually want to build some extra infrastructure, then you would just issue more tokens.
	But let's say it's not worth $1.5 million.
	Let's say $500,000 was wasted somehow, and then now the value of the project is only $1 million, then everyone's tokens would go down in value based on that.
	So then you would basically, let's say, maybe the tokens are now only worth $0.70 each.
	So there are...
	Let me introduce a different question.
	There are a lot of uses of land that are not environmentally sustainable or friendly to the environment, but produce very high value, for example, mining operations.
	So suppose somebody comes to you and says, hey, I want to participate in your system.
	I've got 100 acres over here that's sitting on a gold mine of copper, or a copper mine, right?
	And we're going to strip mine this thing.
	We're going to cut down every tree, kill every...
	We're going to shoot the squirrels and just kill every insect.
	The biomass will die.
	We're going to spray glyphosate.
	But man, this thing's going to produce profits like crazy.
	Is that okay in your project?
	Or who decides?
	Well, we've got like...
	I mean, we are an organization running this platform and our idea is to only allow projects that are regenerative onto the platform.
	So who decides, and what's considered regenerative?
	Can a farmer spray organophosphate pesticides on their crops?
	Well, it's going to be projects that basically adhere to permaculture principles of looking after the earth and regenerating the soil.
	So we're not looking to onboard projects that are harmful for the environment and stuff.
	Right, but who decides that?
	Can a farmer spray glyphosate if it's just for killing weeds?
	Cheech and Chong.
	What?
	Which part?
	Cheech and Chong are on the board.
	They'll decide at 3 a.m.
	Yeah, you're growing Tide Stick with Cheech and Chong.
	No, but you see, my question is, there are ways that can bring value to a project like this that are the antithesis of what the values that all of us here share, which is stewardship.
	Of the land.
	But there's a lot of money in mining.
	There's a lot of money in using up water resources to purify lithium, for example, for the EV car companies.
	And somebody could say, well, it's all good for the planet because it's for the electric vehicles, but you're using all the water.
	So all the fish are dying.
	Well, but it's good for the planet because it's EVs.
	Who decides?
	Yeah, I guess we're a young organization and we're still developing all these systems and stuff.
	Right now we're doing pilot projects at the moment, but we do have one of the guys who's on our advisory board.
	He's developed a lot of these Earth Trust schedules, which actually are like a charter for the projects, which we actually are looking to integrate.
	It attaches trust schedules to the trust which actually outline how the land needs to be looked after and everything.
	And what if that's not followed?
	Well, I mean we can choose whether we keep the project on the platform or not and whether if it's not being followed.
	So you can close down a project that's on the platform?
	Well, we can not sell the tokens on the platform.
	I mean, they can still have tokens.
	Delist it.
	But we can't delist tokens on our platform.
	Whoa.
	I mean, that's kind of a deal killer for a lot of people, isn't it?
	I mean, the whole idea of self-custody and liquidity.
	Well, they can withdraw the tokens.
	I mean, we're not the stewards of the tokens.
	We're just an exchange where people can basically...
	But wouldn't you be like the only exchange?
	Yeah.
	Right?
	Where else would people buy and sell the tokens?
	I mean...
	Well, they can't transfer them to each other as well.
	Yeah.
	And if the trust is basically...
	I mean, these are still processes.
	Like a lot of the questions you're asking...
	Are questions we are still working out at the moment?
	Because we have this vision to build this platform to create this regenerative economic system, but I'm not going to say we're fully mature yet with everything that we're doing.
	We're just basically working out our processes at the moment as we are.
	That's fair.
	Yeah, yeah.
	Fair enough.
	Like onboarding these pilot projects and stuff at the moment.
	And Michael, we didn't bring you on here to grill you.
	This is not supposed to be like an interrogation.
	I mean, literally...
	This is just a spontaneous conversation of what's coming to mind.
	But let me add this.
	And we love the concept.
	Todd and I both agree.
	We love the concept of what you're doing.
	We love the good faith aspects of it.
	But we've all seen crazy things happen in the world of crypto and tokens.
	And I'll say this.
	One of the things I love about Monero...
	I can use Monero even if I completely disagree with the philosophy of other users of Monero.
	And there are users of Monero that probably do crazy illegal things, probably bad people, bad faith people, probably running copper mining, strip mining companies.
	Maybe they're using Monero.
	I don't know, and it doesn't affect my ability to use Monero.
	You see what I mean?
	Yeah, I guess that's not really what we're aiming for with Unitary.
	We're aiming to set up a regenerative economic system that's about looking after the planet.
	So we are trying to attract projects onto the platform that share our values and ethos.
	Yes.
	And we're not necessarily looking to attract everybody, like all the strip miners and all that kind of stuff, just because we don't agree with those values.
	And we are, yeah, I guess...
	Looking to create a system that allows us to kind of live more in harmony with the Earth and get people to contribute towards that.
	That's our main goal at the moment.
	Yes.
	Well, that comes across, yeah, we love the positive intentions.
	Todd, are we thinking kind of the same thing here?
	It's like, great concept, but there does need to be a lot more detail thought through.
	Yeah, and that's why I said that's fair earlier, because What I, and correct me if I'm wrong, Michael, but this is not necessarily operational, up and running.
	It's still very much in pilot phase where you're working out the model and the kinks.
	Is that fair?
	Yeah, exactly.
	I mean, the technology is built, and we've got, like I say, the private law structures that we're using, but right now we are in a process of working out our processes for onboarding projects, and we are in a pilot phase right now.
	Do you have a project that is a pilot to where it is like your feature where people can study it, assess it, maybe even participate in it yet?
	Well, we basically are at the point where we're onboarding a few projects to that.
	So like my friend Rachel, she's basically onboarding her project with the 20 acres over here.
	And my friend Shane India Zaws, he's onboarding a project over there.
	It's called Frequency Village.
	And there's a few others that we're looking at onboarding right now as well.
	Okay, big question.
	I've been waiting to ask this for a long time.
	So my wife wasn't looking, and I invested $100,000 in one of your projects because I believe in permaculture.
	But I know that she's going to want to go on a cruise in five years, a real fancy pants cruise.
	So I'm going to need that back and hopefully and then some.
	So, with your model being a sell-order-only order book system, I'm trying to wrap my mind around the liquidity of it.
	How on earth would I go about saying, okay, you know what, based upon all of their assessments, it looks like from a valuation standpoint, from an assessment standpoint, that my $100,000 is now worth $175,000.
	Good job, Michael.
	You know, how do I get it back?
	How do I get it back?
	Well, then you would basically issue, you would create, you would open up a sell order on our system, which other people can then see, and then they can basically choose to buy or not.
	That's the whole idea.
	Okay, so explain then, what does a sell order only order book system mean?
	Just because that's just kind of new to me.
	Well, it's just because normally with cryptocurrencies, you can open up a buy order as well, and then the buy orders and sell orders are kind of matched to each other, but...
	We're not allowing people, because we're only allowing people to open up sell orders which other people can then take or not.
	So if I'm not part of that million and a half dollar, million and a half token project, but I'm watching it.
	I'm monitoring it.
	I'm really liking the direction it's going, and I really want to get in on that action.
	Basically, I have to wait for somebody.
	I can't put a buy order in at, you know, two bucks a token.
	I have to just wait until somebody decides, yeah, I want to take my wife on a fancy pants cruise.
	Yeah, we might open up buy orders, but I mean, we're trying to keep it, I guess, more stable, the token value.
	So we didn't look to create this buy or sell order matching system right now, but it's something we can look to add to the platform.
	I have a very important question.
	If I buy a million tokens in your project, are those million tokens representative of the aggregate of all the projects that the tokens are shared across?
	Or is that a million tokens specific to one particular project?
	In other words, are token identities tied to one project or across your ecosystem of unitary?
	Well, right now we've got three...
	Well, we're going to have three classes of tokens.
	So right now on the platform, the main class of tokens would be project tokens.
	So you would go and invest into...
	We actually create an ERC-20 smart contract for each project, which is then tied...
	So the tokens minted with that ERC-20 smart contract are specific for that project.
	But then down the line, our plan is to also add bio-regional tokens, which can then...
	Operate more like an index fund, whereby we're backed by, let's say, a basket of tokens from different projects.
	And then also the idea is to down the line also have a global token, which we're backed by a basket of via regional tokens.
	So three different layers of tokens ultimately, as you just described, larger regional and then globally shared.
	But for the tokens you're issuing right now, they're per project, correct?
	Yes, correct.
	You said they're ERC-20 tokens.
	Yes, correct.
	And we also got a NFT smart contract for every project.
	So then we can issue ERC-20, I mean the ERC-721 tokens, NFTs as well.
	So then we can generate like, for example, a contract or a title deed or something along those lines or a certificate, which will then represent access to like specific resources and specific projects.
	How is the overall project funded now?
	Is it just you and a bunch of folks that Do you really believe in this and you're willing to put in your own equity?
	And in return for that, do you get anything?
	And the reason why I ask is, I know a project that required an assessment on whether they were a security or not, and it was not cheap getting the legal counsel.
	So somebody has to pay for it, right?
	You're make ready in setting up your business.
	I acknowledge that is not without expense.
	So I'm just curious about that, how you're funding everything.
	Yeah, right now everything is self-funded.
	And when it comes to...
	I mean, I'm a developer.
	I've been developing professionally since I was 17 and stuff.
	So basically all the technology I've built myself.
	And...
	Yeah, when it comes to the law side of things, we do have an organization called Private Legacy Advisors, which has been advising us on how to actually structure this from a private common law type perspective.
	Okay.
	And...
	I lost my question, Mike.
	That's okay.
	I've got questions to jump in with.
	So what's the pitch then, if you have like a 60-second pitch to somebody who is, let's say somebody from a city, wants to move to a rural area, they want to become more self-reliant, they love the idea of regenerative agriculture, and they want to grow more of their own food.
	What's your pitch, Michael?
	As to why shouldn't they just do that themselves anyway?
	Like, why should they get involved in Unitree if they're going to do this?
	Is it access to capital?
	Well, it depends on if you want to do it on your own or if you want to do it with other people.
	So, I mean, do you want to go stay on your own, on your own plot of land and just self-funded yourself?
	Then there probably is no...
	want to go stay in a village with 40 other people and somebody's got a cool vision and you maybe want to buy into that vision or help support that vision like my friend Rachel here she's got this 20 acres and she wants to build maybe 40 adobe cob structures so you might want to come stay in a project like this and see this and she's really got the land and everything
	so all she needs is some like raise some capital for the permaculture design and buy some machinery to actually create the cob bricks and all things like along those lines so you can maybe believe in that vision and maybe you want to stay there three months a year You might want to be there all the time.
	So the system allows flexibility and also allows different people to invest different amounts and different types of capital.
	So for me, it's more of like a...
	Yeah, it's almost like a financial coordination engine, which allows people to contribute different classes of resources to projects.
	And everyone's got something different to contribute.
	So you might have money, but you've got no time.
	You might have a lot of time, but you've got no money.
	So you can basically contribute what you...
	Yeah, I guess the skills and resources you have.
	For me it's about setting up a new type of economy whereby people who are interested in contributing to these projects can now have access to a whole network of these projects and they might be able to contribute the resources they have to not just one project but actually multiple projects and actually build up equity that way and through that I think it can actually create a lot of prosperity for a lot of people.
	If we are setting up a lot of these regenerative projects all over.
	Well, I love the idea of having a system of value that's based on the principles of Mother Nature.
	And rather than our current fiat currency counterfeiting operation that basically funds global war and mass death across the planet through the military-industrial complex.
	Isn't it crazy, Todd, like every time we pay taxes?
	I feel like I just bought...
	Like a hundred, two thousand pound bombs that they're going to use the bomb children in Gaza.
	It's so infuriating to me.
	I would much rather bypass that system, which is really what this show is about, Michael, by the way.
	That's why we invited you on.
	We all want to bypass the systems of demonic evil and destruction that currently dominate our world.
	The question is just how do we do that?
	Because Mother Nature is the great giver, right?
	Right.
	The cosmic God and Mother Nature and sunlight and soil and water, they just give to us freely.
	Medicine, food, everything.
	But we live in this human world where people want a share.
	Some people want more than their share.
	And it's like, how do we structure it?
	That's what this is all about, this conversation.
	So I appreciate your understanding.
	Well, yeah.
	Actually, you know that the word tree, etymologically, comes from the old English word trowel.
	T-R-E-O-W and the word trial means truth.
	Interesting.
	So that's kind of a part of the value or principles of the system is we're trying to base the system based on trees and through that being based on truth.
	And also trees are like the unifying symbol between all the world's spiritual religions and traditions.
	So there's actually quite a spiritual and cultural significance to actually using the symbology of the tree.
	And it's also the tree of life is basically what symbolizes the soul and stuff.
	So for me it's kind of like, and also any piece of land that you leave alone in the right conditions will actually develop into a forest.
	And forests are like self-sustaining systems.
	So we try to almost like take the values and principles of nature and I guess build like a system or a technology around that and which can ultimately, I mean for me, from my perspective, I would rather us transcend using money altogether and create a resource-based economy like the Venus Project from Jacques Fresco.
	But at the same time, I feel like people are still in the current, let's say, matrix system where people, as you said, people do want to share and they are, I guess, focused on their own self-interest and stuff as well.
	So for me, it's from my perspective, how do we create something that's Based on nature and the values of nature, but then still be like some sort of transition system that plugs into...
	Let me...
	Along those lines, I'm sorry to interrupt, Michael, but I think this is important.
	Let's imagine a Venn diagram, you know, with the two circles that overlap each other partially.
	So here's one giant circle here.
	This is people who are good with Mother Nature and good at growing food and have wonderful angelic hearts, okay?
	This other circle here is people who are good with money and accounting, right?
	They almost do not overlap at all, typically.
	True.
	Right?
	So true.
	You're talking about trying to get these circles to merge together through a cryptocurrency or tokenization, ERC-20 contracts and NFTs.
	That's the challenge.
	Because yeah, these people are wonderful people, but in my years of being involved in permaculture and doing interviews and everything, I've met a lot of wonderful, angelic people who have lost a ton of other people's money.
	Doing projects that didn't work.
	And that's not going to sustainably attract capital.
	So that's going to be a real challenge, I would think.
	How do you kind of teach this business sense, this revenue sense, to people who...
	That's not their background, you know?
	Well, I think our goal is to help, I guess...
	Onboard projects in the correct way.
	So like everyone on our team, we're getting them to go through like a regenerative development funding course and stuff to understand which, let's say, business documents and how the financials work and all that kind of stuff so that projects who come into our platform do have the correct, let's say, pieces in place.
	And yeah, at the same time, it's going to be up to investors to, I guess, decide from their perspective whether or not a project I mean, for every project, there's always going to be some level of risk, whether it succeeds or not.
	And is your platform then going to allow me to be able to go in and just kind of binge through a bunch of projects just to discern whether or not I'd be interested in this one that's, you know, two counties away or one's near Asheville?
	Yeah, definitely.
	So there's going to be like a whole map and then you can click around on the map and see what's around.
	Okay, that sounds cool.
	Yeah, and it'd be great to be able to go visit that, like if you want to be an investor, to be able to go visit, right?
	Right.
	Before you buy the tokens.
	Yeah, exactly.
	So they'll be like, let's say, a prospectus for the project where you have the contact details of the person running the project and be able to communicate with them and all that kind of stuff.
	That's kind of the general idea.
	The whole idea is to kind of get people to be as transparent as possible and for people to be able to communicate with the projects and understand all the details and ask all the questions that they have.
	A really good revenue model that is working for a lot of people who are into permaculture is actually growing food for local restaurants.
	Fresh greens, for example.
	Especially if they do that organically, then they can get premium prices.
	But of course, as you know, it's a tremendous amount of work.
	It's got to be people who are willing to show up and work.
	and you can't have like these three people over there that are doing Cheech and Chong all day long and they say, oh, I'm in the corner, I'm holding space.
	No, you're goofing off, man.
	You need to grab a rake and get to work, get your hands dirty, right?
	That kind of thing.
	We've all seen that, right?
	But it's work, but there's money in it if you sell food to restaurants.
	Yeah, yeah, it makes sense.
	Yeah, I think there's multiple.
	I mean, I think things like mushrooms and stuff are also very good.
	Absolutely.
	Well, like companies like mine, we're constantly buying food output, superfood output from farmers in America, including medicinal mushrooms, by the way, including freeze-dried fruits and vegetables grown all across the country.
	And the supply chain is not that great.
	We would love to have more options.
	So I'm almost wondering if maybe a way to expand the thinking of your project would be to coordinate with buyers like us who buy millions of dollars of food every year.
	And finding out like what do we need that we're having trouble getting?
	And what are we willing to pay per pound, let's say, or what are we currently paying?
	And then you could pitch that to your network like does anybody want to grow this?
	That's really cool.
	Yeah, we could definitely talk about that and figure out a model around that and find out how to kind of tie it all together.
	I mean, that's more like a community support agriculture type system, which I've really been speaking to Jim Gale about from Food Forest Abundance because he's been interested in doing something like that at Gold's Landing.
	Yes, yes.
	Yeah, because I could give you a list of like 25 things that we have trouble getting that could be grown in North America right now.
	Yeah, so we could almost like set you up as part of the business plan.
	We could set someone like you up as, let's say, the buyer and saying that you almost like maybe get like a letter of intent.
	Yeah, exactly.
	To buy all these resources and then we could then find the land and look at who can help grow these different things.
	That's right.
	That's right.
	And then you have your built-in revenue stream right there.
	Yeah.
	Exactly.
	So that way...
	I mean, you mentioned like ecotourism, a lot of other ideas.
	I think those are also viable ideas, and there's a lot of people who would enjoy spending time at like a nature retreat.
	So yeah, there's a lot of different revenue models, but also those can be combined.
	It can be like, hey, come stay at the retreat at the Cobb Block Adobe Homes, and you get to work on the farm like Huckleberry Finn.
	You get to paint the fence as part of your experience.
	And earn some tokens.
	And earn some tokens, we'll teach you how to farm, and then you sell the food to the restaurant.
	You know what I mean?
	No, that's fantastic.
	Multiple layers.
	That's fantastic.
	Yeah, I think there's some cool models you can do.
	I mean, we've even thought about creating something like Growing Man experience instead of Burning Man.
	Yeah, right.
	You can come and create these new eco-environments, and then they could almost be like...
	Yeah, and then earn tokens while instead of burning something down is something that people come and contribute towards every year and actually see how the whole thing actually develops.
	Exactly.
	But I love that, Mike, because you've just thrown out an opportunity to be able to attach a real revenue stream to it because most of the people in your separate Venn diagrams that are the nice people, their business strategy tends to be hope.
	And hope is a real shitty business strategy.
	Always.
	It just really has a bad performance record.
	So that would be at least giving, I mean, I mean, I love it, actually, because if you had two dozen companies out there that actually put out, kind of proactively put out, hey, everyone, this is what we need.
	You guys figure it out.
	If you can figure it out, we're open for business.
	We're open for proposals.
	Right.
	And then, Michael, I mean, you could go to the network and be able to say, hey, everyone, here's this geographic look.
	So kind of flip the model.
	Instead of build it and they will come, you know, go to the people who are going to actually, you know, buy the product.
	Yeah, that makes sense.
	I mean, that sounds like a great opportunity and something we're definitely open to exploring.
	Built-in demand.
	Well, Michael, I just have to thank you.
	You've had a great attitude here, even though we've been hammering you.
	We've kind of teamed up on you, but we're hammering you with a bunch of questions.
	With love.
	Yeah, with love.
	I mean, we love the concept of what you're doing, and we share these same values with you.
	Even though we're both wearing suit jackets, I can't wait to get back into the dirt and get some more trees planted.
	I'm growing a lot of mulberry trees this year for my backyard chickens so they have more food to get themselves.
	I'm tired of buying all this expensive organic feed, feeding it to the chickens, and then ending up with $5 eggs.
	I've been doing that.
	I've got the world's best and most expensive eggs.
	But I can't wait to get back to that.
	Bottom line is, we love your project.
	Is there anything you want to say here wrapping this up?
	Um...
	I can't think of anything specifically, but thanks for having me on the show.
	It's cool to chat to you guys.
	Absolutely.
	Are you on Telegram at all?
	We have a lot of folks that like Telegram, and so if you have a little channel or something, maybe you can promote it.
	Yeah, sure.
	We do have a telegram channel.
	While you're doing that, the website is unitree.earth, just like it sounds, U-N-I-T-R-E-E, unitree.earth, unveiling the new economy for people and the planet.
	Discover the power of regeneration.
	And then if you have that telegram ready?
	Yeah, I'm just trying to see how to actually...
	Should I just add a link or how would that...
	Is it just a username that you can tell us?
	It's a group.
	I don't know if you can search for the group.
	Well, how about this?
	We'll just direct people to your website and you can have the link on your site.
	Yeah, we have a newsletter that they can sign up to as well as we all send it up.
	Perfect.
	Okay.
	All right.
	Anything else, Todd, you want to add?
	Well, I would just ask those viewing if this is something that you are interested in.
	I know there are a lot of technologists, folks in crypto who watch.
	And, I mean, go to Unitree.Earth and give Michael a shout.
	And maybe you can get involved, too, because, Michael, I'm sure that you would welcome other smart people, you know, paying attention to your business.
	And you just never know that.
	You know, 1 plus 1 equals 11 thing, I think, is real.
	Yeah, sounds great.
	Thank you.
	Yeah, yeah, definitely.
	We're more than open to other people getting involved and contributing and helping us build this out.
	Just being on this show will expose you and your project to a lot of interesting people.
	You'll definitely hear from some people.
	And who knows, there might be some fascinating synergies that come out of this.
	Exactly.
	Cool.
	Awesome.
	All right.
	Well, thank you, Michael, for joining us today.
	It's been a pleasure speaking with you, and thank you for all that you're doing.
	Well, thank you.
	Thanks for having me on.
	All right.
	Appreciate you, Michael.
	All right.
	Bye-bye.
	Take care, Michael.
	Join the official discussion channel for this show on telegram at t.me slash decentralized TV where you can ask questions or offer suggestions of who we should interview next.
	Also be sure to subscribe to the email newsletter on decentralized.tv where you'll be alerted about one day in advance of each new upcoming episode before it gets published.
	On Decentralized.tv, you'll also find links to our video channels and social media channels across all platforms, including Brighteon, Rumble, Bitchute, Twitter, Truth Social, and more.
	Check it all out at Decentralized.tv.
	Okay, welcome back, everybody.
	This is the after-party segment where Todd and I discuss the interview and the project, and usually things get a little crazy.
	So, what did you think, Todd?
	Todd?
	Well, Mike, wow, I feel bad.
	For us asking so many questions or what?
	Yeah, I mean, I'm sure this guy came in just probably didn't expect that.
	But, you know, it's a funny thing, this crypto business, Mike.
	I mean, I think more than ever, Since I've known you, you have always been more...
	Not cynical isn't the right word, but you're very, very mindful and careful, and you don't trust anything unless you have fully vetted whatever it is out.
	And I have learned from you over the last year because I've seen the pitfalls of not doing that.
	And so I think just both of our natural...
	And allergies came up to some of the things that we were hearing that weren't checking the right boxes for us.
	But he was a champ.
	You know, he answered the questions.
	And what we know is that it's a very young initiative.
	And it's plan, do, review, plan, do, review.
	And I really think that they're going to make it happen.
	And it's going to get to a place to where everyone will be comfortable investing in it.
	Well, do you remember the interview we did probably a year ago with a project that was also working on tokenizing kilowatt hours?
	Yes.
	Remember that?
	Yes.
	So in that project, then there were tokens minted for electricity generation, and then people who consumed the kilowatt hours would be essentially buying the tokens.
	In other words, spending their money to buy the tokens.
	But the question we had in that interview, I don't know if you recall, was how are these kilowatt hours going to get distributed everywhere?
	Yep.
	And are they mixed with other kilowatt hours, like regular power grid kilowatt hours?
	How do you know that your kilowatt hours are generating here and then going through the wires and then ending up being consumed over there?
	How do you know?
	And we never got an answer to that question.
	Right.
	Correct.
	Because like kilowatt hours and kilowatt hours, electrons are electrons.
	Electrons don't know where they came from.
	Right?
	It turns out.
	Yeah, yeah.
	So I feel like we're asking sort of similar types of questions.
	I think questions that anybody would ask about this project.
	And my main question, which is still a question, is who controls the minting?
	And how does that process happen?
	Actually, my bigger question, Todd, which you'll appreciate, is how do I trust the algorithm and not have to trust the humans?
	That's my question.
	Yeah.
	Because if we've learned anything in doing this show for a year and watching the world, watching politics, you can't trust the humans.
	You can't.
	No.
	No, you can't.
	You can't.
	Even when you think you can, you know, oh, I'd die on that hill for that guy.
	Then they turn around and shoot you.
	And look at our Speaker of the House, you know.
	I mean, you can't.
	Even people that go into government.
	When they're running for office, they're angels.
	Oh, I'm such a wonderful person.
	I'm going to represent you and your interests.
	I'm going to do these good things and those good things.
	Then they get elected and they're like, demons!
	Now we're going to destroy your country, weaponize everything against you.
	So people change, right?
	So you can have an angel going, I'm going to grow papayas.
	I'm going to hug the trees and worship Mother Earth.
	And then, like a million dollars falls in their pocket, and then they're like, it's my money, you can't take it.
	Right?
	How many times have we seen that?
	You do a great theme.
	But we've all seen this.
	And the longer...
	What is that?
	What are you doing?
	Just drinking some water, Mike.
	No, no.
	What are you wearing?
	Are you doing like a Michael Jackson impression with...
	Oh, these?
	Yeah, the glove.
	What's with the glove?
	Oh, two of them.
	I'm just making some life changes progressively, Mike.
	Really?
	Yeah.
	Yeah, I had kind of an epiphany.
	You know, I do yoga.
	You can tell by my physique.
	And I was at yoga class and...
	I was doing a downward dog and coming up and I witnessed something, Mike, and it's kind of like a gift from God.
	He gave me a gift, Mike, about truth.
	And I've determined that there are three things that always tell the truth, Mike.
	And...
	I mean, one of them, of course, is little children.
	If you want a secret, have a secret, and you want it to go to die, tell a little child, and they'll reveal it, right?
	And then, Mike, somebody in there was hacking up a lung.
	And, Mike, I started thinking, I don't know why, about Anthony Fauci.
	And I thought, you know what?
	Maybe I've been too hard on him.
	I think Anthony Fauci was telling the truth, Mike.
	So, I've decided that COVID-19 might actually be real, and I'm just taking some life measures to protect myself.
	You know, it just takes 20 years to stop the spread, Mike.
	And I'm going to play my part because I'm tired of being an asymptomatic silent assassin.
	And so this is just the beginning, and I hope it doesn't offend you.
	Well, I'm just wondering, why gloves?
	I mean, of all the things, shouldn't you wear like a giant mask over your face?
	You should come in with a space helmet or something.
	Yeah.
	Mike, I'm working on that.
	I'm working on that.
	I just have to wait for the PPE, the equipment to come in and everything, but maybe everybody should just stand by.
	By the way, do you know what was the genesis for me, realizing there are three things that tell the truth, children, Anthony Fauci, and do you know what the third one is, Mike, that started it all?
	No.
	I did this downward dog, and I looked around, and I'm like, yoga pants.
	Yoga pants always tell the truth.
	They tell the truth.
	I don't know, Mike.
	Maybe...
	Maybe I will be a role model for others as we progress.
	And, you know, this is just a good first step for me.
	Well, I don't want to freak you out or anything, but new scientific evidence from Fauci proves that you can catch COVID through the Internet.
	No, no, no, no, no, no, no.
	You may have to – we may have to have like a virtual plexiglass.
	LAUGHTER You can be like the man in the bubble.
	You build like a plexiglass little room around you to protect you from the internet infections.
	I do have to just make one comment.
	And everybody, just again, stay tuned to these shows.
	That was to keep you coming back because we have something special for you.
	So that's a little teaser.
	That's a little teaser.
	But Mike, I do have to tell you, and I am not kidding you.
	You know, I had to leave for about a week to do a little job.
	And it was one of these things that requires that I go into pharmacies and speak to some folks.
	And all of the pharmacies have those plexiglass.
	Do they really still?
	Oh my God!
	Yes, but I walked into a Target that has a CVS in there, and they got rid of them all.
	And I didn't notice it at first, but as I'm standing there at the counter waiting, and then when I talk to them, I'm like, whoa!
	Psychologically, we don't realize how much damage that barrier, that plexiglass does.
	It was like a different world.
	I felt like a different...
	I mean, it was a different conversation.
	There was joy.
	There was like a breath of fresh air.
	It's like not having that crap.
	Man, I... I hope that crap goes away soon, Mike.
	It's just horrible.
	Well, unfortunately, I think they're bringing back bird flu H5N1 scaremongering stories.
	Are there still people stupid enough to believe this?
	Oh, yeah.
	They're reading the whole new vaccine for the bird flu, and they're talking about, oh, there's been hundreds of variations and mutations and...
	But didn't they outlaw one of the vaccines in Europe?
	AstraZeneca just pulled its vaccine from worldwide markets and the EU yanked its authorization, which means that last week it was practically illegal not to get the vaccine.
	This week it's illegal to get it.
	And there's still people stupid enough to believe this nonsense.
	Crazy.
	Well, I don't know what you're up to, Todd, but I always look forward to your interesting ideas.
	So I guess we'll cover that next week.
	But final thoughts on the Unitree project.
	Anything else you want to add?
	I love the energy that entrepreneurs have that have a vision.
	And I love the fact that Michael is not just talking about it, he's doing it.
	And so I applaud him, and I really want to keep in touch with him.
	And I'm not betting against him, Mike.
	It's going to be hard.
	It's not easy.
	And I would counsel him to spend some money on some attorneys because this SEC thing, even though you're a PMA, you'd really want to have a good sense as to, does that really protect you?
	I don't know.
	Maybe it does.
	Well, yeah, the legal structure is really critical because everything is great when all the members are making money.
	And then when there's a downturn...
	Then the people who were members, suddenly they're the plaintiffs in a class action lawsuit.
	Yeah, and you know, we get all...
	Or you know what, in a wad, thinking about the SEC and everything.
	But then sometimes you have to rewind and say, well, the SEC, the good side of them, exists because there have been some really bad actors out there who have screwed a lot of people out of a lot of fortunes.
	And even a lot of people who don't have any fortunes, but they took everything they have.
	So it's not a bad thing, the regulation.
	Now, our government has weaponized it, and that sucks.
	But, you know, I would feel more comfortable investing in something that I know wasn't the wild, wild west.
	So I hope it ultimately is structured to where it's not the wild, wild west to where I have to place a lot of trust in the Venn diagram where the good people reside but may not have the business savvy.
	I don't know.
	I love the idea of providing alternatives for where people can put capital.
	Because I'm sick and tired of hearing people say, oh, well, I bought some more Google stock, Apple stock, Procter& Gamble, Raytheon, General Dynamics.
	I'm like, why are you buying all these evil stocks?
	Because they have great returns.
	Do you look in the mirror?
	How do you live with yourself?
	Why are you investing in all these evil corporations?
	So I think it's great to have something different to invest in.
	I love that idea.
	But then on the flip side, General Dynamics has a whole department of accountants who know what they're doing with money.
	It's the money makers.
	I mean, yeah, the reason they're profitable is because, of course, they push war, and then they bill the government insane amounts of money for all their bombs.
	But their accountants actually do know what they're doing.
	And I don't invest in any of those companies, and I don't encourage anybody to do that.
	But I would also say to somebody, like, the unitary concept sounds, at first, to me, it sounds a little complicated.
	That's one of my main concerns.
	Like, if I'm a person new to this, it feels a little bit intimidating.
	And I would advise people, until we're learning more, maybe the unitary concept is going to get more polished, right?
	And they're going to think through a lot of these scenarios and sort of develop more.
	But in the meantime, to the people out there who are wondering where to put your money, plant freaking fruit trees.
	I mean, just go invest in a food forest like you did, Todd.
	You took your cash and you built a food forest with Jim Gale's help.
	And now you have food.
	That's not complicated.
	No.
	You don't need electricity to work.
	You don't need shareholders.
	You don't need valuations and liquidity.
	Your liquidity is the orange on the tree, you know?
	Amen.
	Amen.
	And my blackberries are coming in, and it was so nice going out there with a bowl and just picking a boatload of blackberries and going into my wife and putting them right down in front of her and saying, who do you love now?
	Yeah, remember last year when you were moaning about how much this was going to cost?
	Now look, we've got blackberries galore forever.
	Yeah, I got a $30,000 bowl of blackberries.
	Yeah, with my $5 eggs, you know.
	But these systems pay off in the long run if you start thinking about how much food you're going to get out of that for 20 years.
	Oh, absolutely.
	And what's cool, Mike, is it's all coming together, meaning everything is starting to grow in the system that they planted.
	Now I'm starting to comprehend seeing how the system's working together.
	Right.
	You know, how the ground cover and the trees and I mean, it's just so cool.
	I go out there in the morning and spend about an hour, honestly, just drinking some coffee, walking around and talking to the plants.
	I love it.
	Giving them a rah-rah.
	I've got my little peach tree that started with 30 peaches, and now it's growing two big ones, you know?
	But Jim Gale told me that in an early food forest, what happens is your trees communicate with the ground, and And God is so smart in his engineering, the ground tells the tree that had 30 little peaches on him, I can support two of you.
	Next season it's going to be different, but I can support two of you.
	And that's how it works.
	So you don't feel bad about being down 28.
	Yeah.
	No, the trees have a lot of wisdom.
	They know what they're doing.
	Like I transplanted a live oak tree and I took it out of the edge of this forest grove where it had turned, it had arced itself to try to get more sunlight.
	Yeah.
	So it's like a bent over tree, right?
	Wow.
	So I transplanted it where there's full sun now and I'm watching it and it's now growing branches the other way to balance itself out.
	That's so cool.
	Yeah.
	That is so cool.
	You just gave that tree a new kind of life.
	Totally.
	Totally.
	That's really cool.
	Now, did you do that just because you noticed it bending like that?
	And you're like, man, that's not cool.
	I can and I will.
	I can give that tree a better positioning.
	I'm into also growing a lot of food.
	And the live oak trees here in Texas, they produce abundance of acorns.
	And you can make...
	I mean, it's trouble, but you can eat the acorns.
	You have to process the tannins with some water.
	But then you can make like acorn flour pancakes, which sounds awesome to me.
	Yeah.
	Like breakfast with the squirrels, you know what I mean?
	Just like acorn pancakes.
	I try to develop...
	The wild dewberries create opportunities for them where to grow.
	They like to have certain areas, mostly north-facing areas, more shade, and also something to climb up, because they're kind of like vines.
	Not really vines, vines, but anyway, they like to climb on things, right?
	So I try to create opportunities.
	That's why I moved the tree, because I saw it, and I was like, this thing's sideways.
	It's not going to do well right there, so I'm going to put it where there's sunlight.
	Yeah.
	How big was this tree?
	It's actually, it's about, if you straighten it up, it's like seven feet tall.
	Yeah, it was lucky to survive the transplant.
	Pretty big tree for that.
	Yeah.
	Man.
	But it's happy now.
	It's happy now.
	There's a couple weeks I wasn't sure.
	But anyway, we could go on with our plant and tree stories.
	But let me introduce your website, decentralizeddirectory.com.
	Take control of your future with Todd Pitner.
	This is the part where we plug a couple of things here and tell you about some things.
	Todd, what do you want to say about Decentralized Directory?
	Yeah.
	Go to the only, not the only thing that matters, but the thing that seems to matter most, which is if you go down there with the key partners and you click on that yellow and you go to the middle one on...
	Oh, this one.
	Yeah, the tax saving strategies.
	I would suggest people, if you have W-2 income or 1099 income and you have more than $5,500 a year taken out of your check, Think of visiting that page as an investment, not an expense, because I can open your eyes to a lawful strategy that will help you keep way more of what you earn.
	And I've done so many of these now, Mike, and I've had many, many really smart people kick the tires and have affirmed that this is a pretty amazing thing.
	It's a relatively undiscovered tax savings vehicle.
	It is what the elites have been using.
	Really hard to find information on it, and I think you and I joked it's because the elites, they want to scrub everything that's good.
	That's true.
	Yeah.
	Right.
	Okay, so those are called unincorporated nonprofit associations, UNAs, and I don't know as much about it as you do, but I do know that they are recognized in most states in the United States of America.
	Yeah, they're recognized in all states.
	It's a special designation of a UNA. Any two people in any state can create an unincorporated nonprofit association.
	But if you do it the wrong way in 49 states, it's not going to deliver the value that it could and should and will.
	And so that's why you want to access the experts, Mike.
	Okay.
	All right.
	Yeah.
	Fair enough.
	So that's, again, decentralizeddirectory.com.
	That's Todd's website.
	I'm going to bring in something new here that is related to the Satellite Phone Store.
	You actually get to this through phone123.com.
	This is a new service called Connecta Mobile.
	And this is a privacy-oriented carrier service.
	You can get the service with a software suite that goes on to any phone you already have, including a de-Googled phone.
	So if you bought a phone from AbovePhone.com, which is also one of our sponsors, you can apply the service to it.
	Wow.
	and built-in VPNs and other services, but it replaces your carrier, like it replaces AT&T or T-Mobile with this carrier, even though it still uses the same cell towers.
	But a lot of people, they were interested in satellite phones, but they wanted privacy on their existing phone service.
	And they were asking, how do I get better privacy?
	Because you know, Todd, we're into privacy, like Monero, crypto, or whatever.
	This is kind of like the Monero of mobile phones.
	That's fascinating.
	This is the first...
	I've heard of it, by the way, so thank you for...
	I'm learning with everyone else.
	You have me at LO. Well, let me tell you, I'm still learning this system.
	I was sent an evaluation phone with this on it.
	I've started using it.
	I've made some calls.
	I've done texting back and forth.
	We're swapping out some SIM cards right now.
	But it's a regular phone number.
	It works on a regular phone, right?
	It's just...
	Instead of AT&T being your carrier, it's connectable.
	So it works on any phone, whether it's any phone, iPhone or...
	Any phone that you can put a SIM card into.
	That you can put a SIM card into.
	Right, right.
	So anyway, that's at phone123.com.
	It's worth checking out.
	And that's part of the Satellite Phone Store at SAT123.com.
	But we'll...
	You know, Todd, I want to get you one of these phones, and then you and I can have super-secret testing conversations.
	We can put out all kinds of code words into the super-secret conversations.
	You tell me your seed phrase, and I'll tell you mine.
	Yoga pants.
	Yoga pants.
	Is that the code word?
	Cheech and Chong yoga pants.
	Those are my first four key words.
	I'm not going to tell you anything else.
	Okay, okay.
	And Downward Dog, that's five and six.
	Okay, I got it.
	All right, and then White Glove, or White Gloves, yes.
	What else did we cover today?
	Okay, it's going to get interesting, but Todd, I just want to say I always enjoy doing these shows with you, and today we had a great time as well, and learned something new about Unitree, and it'll be interesting to see where that goes.
	I'm intrigued by it.
	Yeah, yeah.
	And Michael, I'm sure you're going to be watching this back, but please do keep in touch when you hit some benchmarks or you have some new things that you want to reveal.
	Just reach out to us.
	Be happy to have you back on.
	That's right.
	That's awesome.
	All right.
	Right there with you.
	So thank you, Todd.
	Have a great day, and thank you for all that you're doing here.
	Always appreciate your insight and your analysis and your questions.
	Another great show.
	Thank you so much.
	All right.
	Thanks, Mike.
	Have a great weekend.
	Everybody watching.
	Cheers.
	All right.
	Yep.
	Thank you for watching everybody.
	Brighteon.com is the platform where this show is hosted and the website is decentralized.tv where you can watch all the episodes that we have filmed.
	Almost all of them are still valid except local Monero is shutting down.
	That was one of the first interviews we did and unfortunately they're being forced to close their doors.
	But aside from that, I think everything else that we've done on the show is viable, and you can learn a lot by watching every episode.
	So thank you for watching today.
	I'm Mike Adams of BrightTown.com.

▲