Decentralize TV - Interview with Chris Sullivan about The Future of the Dollar and Crypto Assets
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Welcome to today's interview here on Brighttown.com.
This is Decentralized TV, and we have a new guest for you, an episode about decentralizing your financial assets, your portfolio, and understanding how there's an effort underway by governments, including our own government, to centralize control over your finances.
We'll talk about CBDCs, UBIs, and alternatives to mainstream fiat currency that's being printed into Oblivion.
And my co-host today, as always, is Todd Pittner.
Welcome, Todd, the musician.
You got a new song?
Yes, I do.
I do.
Our Yarden of Eden.
What a fun song to write, man.
You are a great sunsei.
Somebody for me to just copy.
Well, I'll tell you, we will include your song at the end of today's broadcast so people can hear it, because I think you did a great job.
Thank you.
And did you get that that cheat sheet of all the Suno prompts?
That I sent out.
What'd you think of that?
I did.
There were so many of them and I'm just like, oh man, this is going to put me down such a deep, dark labyrinth.
Love. I can't wait.
I can't wait.
Yeah. I have this problem where I have a great song idea and then I'll try different styles and I'll have one style that's like an alternative rock style that I really love.
And then this other electronica hybrid fusion style that I love even more, but I love them both.
Right. It's like, it's like, yeah, you can't really be married to two women at the same time.
And you got to pick one song.
You know what I mean?
Well, Mike, what I wanted to say, you know, there are certain interviews that people say are big gets.
Yeah. Today's interview with Chris Sullivan is a big get, he's a BFD.
Maybe I shouldn't have said that, you know, but I, People, please just step up, sit back, take a deep breath.
You're about to learn something.
Well, with that intro, let me bring in our guest.
Chris Sullivan with Hyperion Decimus is the name of his financial management firm.
Chris, thank you so much for joining us today.
It's going to be great.
Do you go by Chris or Christopher?
What do you prefer?
You can call me anything you want, Mike.
I respond to pretty much anything other than communist, of which I'm not.
We got Christus Bynes, Sully, my other trader nicknames, Colonel, you know, blah, blah, blah.
Okay. Well, welcome, Chris.
It's great to have you here.
Welcome to the show.
And you know what the show is all about, teaching people how to decentralize their lives.
And you've been doing that for, what, 20 plus years.
Tell us a little bit about your business and your background.
Yeah, traditional business.
Finance background, got recruited out of college to go to the investment banking track.
Started at Morgan Stanley after graduating and went through taking series 3, 4, 6, 7, 10, 24, 30, 31, 33, 63, 215.
So, you know, did all that and was, you know, trying to make a difference and
And then, you know, this is pre-crisis.
The GFC starts to happen, which was a fully engineered crisis, not a natural one.
Wait, wait, wait.
The GFC?
Yeah. What's the GFC?
Great Financial Crisis.
Oh, you're talking about the subprime 2008?
Correct. Oh, okay.
And so we actually saw it coming July of 07. You know, I did well during that environment.
And because I just got out of the way and shorted a little bit.
But then when you see how market structure markets function, this is before I learned about the LBMA papering over precious metals, but I did get clues into that on how crude oil trade is.
Because just like we all on this call know that there's sacred geometry, there are certain fractals that correspond with a natural market, and there are certain execution techniques that professional money at risk take, right?
And so, whenever the fractals don't match, and whenever the execution looks sloppy, that's likely money that has no consequence.
And so, you can then derive the word manipulated after that.
Interesting. And then the part where spoofing is, and then one of my partners, once I left Morgan Stanley, is the famous Heim Bodek.
He was the one who invented high-frequency trading in 1997.
He's Mr. Dark Pools.
You've probably seen him in And number of documentaries, books, etc.
He invents high-frequency trading, negotiates the first payment-for-order flow contract with UBS and Schwab in 2004, then realizes what a beast he created, starts whistleblowing it 2011 to 2013, gets blackballed by Wall Street, joins our firm after that, and here we are, you know, eight, nine years later.
But because of the great financial crisis, Wow.
So, do you think that Satoshi was a real person, was a decentralized person, or was maybe a cutout for Some deep state operators that wanted a different way to slush money around?
What do you think?
You know, down the path of truth, Mike, as you both probably agree, Todd, like as you get more wisdom, I'm for sure I know I know nothing.
So I cannot definitively say is the is the true truthful response, but I can give kind of three core pathways from my knowledge base in this in the space.
One is definitely the black pill version, which is DARPA-based, right?
Maybe it did, maybe it didn't.
We are close with one of the predecessors to that, which is called eCache, and I'm not going to say the doctor's name who invented it.
I don't want to get him in further trouble, but we are still in contact with him.
So there was this idea back in 1989, and a couple of algorithms that they use certainly have their basis in DoD and DARPA research.
So this isn't something that is Brand new.
In fact, it's actually an echo of the way that Frederick Hayek described how we would get out of the central banking fiat modality.
So you can go the black pill route, and then you can go the single, there's a single person named Satoshi route, and then the more logical is a kind of a combination of all three, the third being the cypherpunks in general, which would include names like Hal Finney, who has now passed away, or Doug Cole.
So, I'm unsure, Mike.
I think it's hard to argue that there's not a Genesis from the dark side, so to speak.
But certainly, because of the way it was set up, and I can argue this till the cows come home, it's extremely protective of itself.
And now that there are Layer 2 applications ad infinitum, and there's a Covenant Layer that can be added shortly, which then Effectively protects it against even quantum.
So I really think the structure of the assets, the most important part of it, not its genesis.
What got me hooked me, Mike, was the and the chancellor issue second bank bailout.
I think it's line 11 of the code.
And then that hooked me.
And it's worth noting.
And then Todd's got questions for you.
But it's worth noting that even if Bitcoin was created by the intelligence community, So that they could move money around.
Well, its properties are still very...
They still have utility for people who don't have that same intent.
People who just want to transfer money outside the banking system, which is increasingly, you know, contrived and shut down, etc.
And so, you know, Bitcoin, it is what it is.
Anybody can use it.
But of course, here on the show, Todd and I, you know, we...
We love the fact that Bitcoin exists, but we're also advocates of privacy coins even more.
So Todd, let me bring you in, Todd.
Where do you want to take this conversation?
Sure. Do you know where I want to take it?
So Chris, you've been instrumental in developing investment strategies within the digital asset space, obviously, and I'm interested in your insights relating to our quest for superior money, particularly the role of privacy-focused cryptocurrencies as superior means of exchanging value privately.
And I have a few questions, but the first one, we can get to all of them or none of them, but we'll get to the first one at least.
In the context of I love it and I'm glad you brought him up.
Friedrich Hayek's vision of competitive private currencies.
How do you assess the role of privacy-focused cryptocurrencies like Monero, Epic Cash, Zeno, Firo in today's financial ecosystem?
Do you view them as embodiments of superior money due to their emphasis on anonymity and decentralization at all, Chris?
You know, there's no perfection.
Todd, so embodiment's a big ask.
And I think if you wrapped a privacy layer around Bitcoin, it definitely would.
Monero's probably the closest to that.
Now, I'll give you a unique insight, because you don't know that I was actually part of Dash's foundation, which was a proof of work.
I didn't know that.
Oh, yeah.
We interviewed the Dash guy.
Yeah, Ryan Taylor was the CEO, and he's a great, great guy.
And you could see that that project It was heavily used along with Bitcoin in Colombia, which is where my wife is from.
This goes back, so we actually started running nodes out of Costa Rica in 2018 on Dash.
Wow. Yeah.
So I do, proof-of-work is the best algorithm.
Privacy is the best modality.
No questions asked.
But there's also the element of what does the market want?
So I'm not one to say, Better or worse, I could give you a subjective opinion, but I just don't have that expectation of the holy grail of assets.
And I really think between the options of select privacy tokens, because really Zcash was in there too, and you didn't mention it, and I was also an advisor to Electric Coin Foundation briefly, and you know, these projects can have this great tech, but if applications and use cases are not Brought to fruition, and the developers run out of capital, then the project's dead.
Much like how technology, over time, either they're prevented from issuing a patent, or they're bought and put out of business, especially in the farm sector, or, you know, free energy, which has been around for, I don't know how many years, potentially thousands of years, right?
That all of that technology's stifled.
So I do think that we have to play the hammer dealt, appraise things for what is their current use case and value proposition, and what are the attributes of the tech itself and the the layers around it that give me the security of transacting that I want.
Okay. Yeah.
Okay. I don't ever want to spend any of my Bitcoin, for example, for all of the reasons you guys have said on decentralized TV. It's a phenomenal store value that goes with my physical silver and my physical gold.
And I can debank very quickly.
But I would rather spend a cash equivalent digitally, which is a privacy token.
A quick comment and then back to you, Todd.
Yeah, I find that when I want to purchase certain types of products such as CBDA hemp oil extract, okay, which has, you know, extraordinary nutritional value and properties, there's a product that I don't want a record of that In my credit card purchase, or a government to be able to spy on.
So that's where I would use typically Monero would be the most frequently accepted coin for that.
And there are other examples like purchasing VPN services, for example, where you want to use Monero.
But I'm right there with you.
Gold and silver and privacy crypto.
Here's a Republic of Texas silver coin that was given to me by Doc Pete Chambers, a former Green Beret.
It has the Alamo on it there.
The original Texas Republic silver coin.
And I'm always going to have this in addition to the crypto, right?
Let me show you something.
We're backing in the fund.
You know, you have goldbacks.
I've seen you show them on the show.
Yeah. This is a.001 Satoshi note issued by nonprofit Bitcoin Bay Foundation.
And scratch off here.
That is cool.
Wait, so you can use Bitcoin like cash?
Yep. But then you redeem it when you, if you scratch it off, then it's redeemed.
Right. I mean, you claim it.
It's really cool.
Wow. And this is legal.
Let me back up.
We influenced and helped write four bills that got passed defining Bitcoin as a monetary instrument and for ATMs here, Bitcoin ATMs here in Florida.
We also are pushing Florida Spidey legislation.
And then this, which is, this is allowed to be legal tender.
Every vendor will take it.
Wow. I love that idea.
I like cash-like instruments.
And it's all about, we talk about it all the time, Mike.
It's about the use cases.
Right? Absolutely.
That becomes a beautiful retail use case.
So, well done.
We want to learn more on that.
Yeah, we want to find out where can we get those.
Yep, yep.
I asked for the first sheet, you know, off this.
Okay, keep us posted.
And you probably should bring the guys who built it on the show.
That makes sense.
Yeah, let's do that.
Please. Well, Chris, considering the increasing institutional interest in cryptocurrencies and the evolving regulatory environment, right, what challenges and opportunities do you foresee in the pursuit of establishing crypto as widely accepted superior money within the broader financial system?
Yeah, great question, Todd.
Those are two different paths.
One's an investment path and one is a Currency path, right?
I don't think they're correlated, to be honest, right?
So why I say that is, do you want me to go the currency side first or the institutional investment thesis side first?
Go to the institutional side.
So the logic would lay this pathway down.
Well, equities are half paper.
They can be bought back or secondary issued.
I've got actually infinity risk with it.
Management, HR, 401k plan, tax, all this number of risks.
And then I've got this opacity where I don't get to see anything until they file quarterlies.
And then these behemoths then have the ESGs and this, that, and the other.
So what's occurred at that institutional level is assuming Digital assets are risk capital.
The allocations that they're going to be making or have made are taking from equity capital.
And I do see that there's no IPO engine.
That's literally why the stock market should exist.
So every equity of a company or even our fund has, because of its success, people want to tokenize it.
I do think that the new equity model for startups will be tokenizing their stock of their company.
It's hyper-efficient from a capital efficiency standpoint.
And then from an investor standpoint, you get super or uber transparency.
So that's how they're viewing it.
And to be honest, because I am in those circles, they're not looking at this from just a P&L standpoint.
They want orthogonal return streams within these large pool of assets.
About 38% of public pensions are already in private, real estate, forest.
Oil, wells, et cetera, private equity venture.
So they're more looking at this as, is this return stream going to zig when this zags, is how they're phrasing it.
And that since the stock market's effectively been in a secular bear market for a very long time against a 99 high, especially when you look at the breadth, right?
They can't have a, like market neutral, for example, I'm long a hundred, I'm short a hundred.
Well, the performance of those in the betas and the correlations are not what they were Five years, 10 years, 20 years ago, right?
So constructing a risk-managed portfolio has become extremely difficult.
Passive has contributed to that.
The fact that ETFs track indexes, they actually don't even own the assets, is something from a risk management standpoint that they're honestly very uncomfortable with.
So would I. So that's really the investment thesis, is if we're going to have risk capital, and we're comfortable now that the regulatory choke point zillions, I've been personally debanked and the fund's been debanked, that's a whole That's a whole like six months.
Yeah, March of 23. So now that that's out of the way, that's how they're viewing it.
Okay. What about the currency path?
Currency path, this is neat.
And Mike, you're a technologist, so you know, and Todd, forgive me, I don't know your tech background, but if you are, then you'll get this.
The consumer isn't going to even know they're on-chain.
That's the solution.
So the interface, whether it's a GUI or it's an app, likely a combo, It's just going to be an interoperable infrastructure, whether it's on Polygon, or it's on Ethereum, or it's on Near, or it's on Bitcoin's blockchain, or all of the above.
That is the creme de la creme, I'm off my Amex app, I'm off my bank app.
So the consumer is not going to, and one of the services we actually provide for family office investors and institutions, because we want them to get their private keys, like for example, I've got We have branded ledgers for our clients.
We consult and teach them how to use the wallets.
Well, dude, you guys know.
How much money have you lost trying to learn how to do this properly?
I mean, I've lost thousands and thousands of dollars just figuring it all out.
So we think that there's that side of it.
And if institutions aren't going to really go beyond, OK, I can get Bitcoin and hold that, fine.
But I want an allocation to professionals who know how to do this.
The reality is that your front end that the consumer is going to see is just whatever they're currently looking at now, blockchain behind it.
So that, okay, let me jump in.
That's really fascinating that you say that, Chris, because I've come to the conclusion that a UBI is going to be launched.
It's going to be necessary to prevent civil unrest.
When AI agents begin to really vastly displace large numbers of white-collar jobs, middle management, and administrative jobs.
That's right on the horizon, right?
The next 24-30 months, you're going to see a lot of that.
And this is in addition to the big cuts that Trump or Doge has been making, USAID cutting government.
You know, we're going to see maybe a million government workers out of work, and that's going to mean three to four million contractors that contracted to the government.
So we're talking about really significant unemployment numbers.
You're going to have to push a UBI out there, if you're Trump, in order to prevent an actual, like, French-style, you know, revolution, right?
Now this UBI, and this is a question to you, this UBI, the way I figure it, but feel free to disagree with me if you think I'm wrong, this UBI will be on-chain But a centralized controlled government run chain, which is essentially a CBDC.
So if you want the UBI, you got to take the CBDC to get it.
Otherwise, you can still have this other parallel system, which is our current dollar system.
You can work in that system, but those dollars are going to lose value rapidly because they're going to print more and more dollars for all these reasons.
Yeah. What do you think?
So your logic is sound, right?
And so I'm not disagreeing with that analysis, but You know tech, Mike.
You think these retards can roll this out?
Good question!
So I agree with you because that honestly that's that's step one of the great taking, Mike.
That's right, that's right.
And then you opt in and then there's your mark of the beast.
Like that's what it is.
You're spiritual, you know.
That is on deck.
Now what we know about FedNow, which is the wholesale CBDC network, is that Actually, they screwed up the rollout many, many times.
So functionality...
Remember, the central banks have done everything by corruption and fraud, not by skill.
Good point.
So they don't have the best technologists working for them as devs, right?
And, you know, government can't do anything correct.
So is there the very, very high probability and potentiality of the desire to do exactly what you just said?
Absolutely. But I just don't see there being a window of time Between when they're going to start needing to QE print and rolling that out properly.
Interesting. That's my humble appraisal of that, because I think in June, July, it's very probable shit's going to hit the fan big time.
Talk to us about what, what is, what, what kind of shit exactly?
What, what is the volume of shit?
Is it like, give us, give us more.
How about ontological details?
So, you know, I mean it in all of the senses, right?
Like basically from maybe disclosures and unveiling of truths, whether it's the JFK stuff or the Epstein stuff or the UAP UFO stuff.
Also about the inner workings of who actually is the deep state.
They also are the central banksters.
And then the various genocides, whether via bioweapon or by kinetic war, I think all of that's kind of going this way.
And then the financial markets are hilariously and also pathetically fake, over-levered, and the functionality that they provided no longer is there.
So big money and smart money, that is already moving.
You can see it in gold.
Despite gold's Paper suppression.
Silver's an even larger percentage-based paper suppression.
Bitcoin now has paper suppression on it.
Nonetheless, if you're a billionaire or a thousandaire, you currently have three options, right?
And then you also have to have land and guns and be prepped.
So that smart money is already aware of that.
See billionaires doing n number of bunkers in New Zealand, Hawaii, Switzerland, etc.
Even my clients are some of them.
So, I think that it's pretty obvious they're going to go ahead and dump everything on Trump.
Yeah, yeah.
I agree.
And it's unfortunate for him and his team.
I think this is kind of a dream team of people who I know, respect, and like, and trust to do the right thing, but they're getting set up, and they really have to message to the public.
a lot better than they've done so far well gold just hit another record high on the day that we're filming this and it's it hit 3058 very nearly that it's holding strength above 3000 which even three months ago people were saying oh it might hit 3000 sometime later this year like no try two weeks you know there's it looks like by the way you
A lot better than they've done so far.
Coalescing at the Diego Garcia base in the Indian Ocean within striking distance of Iran.
And if Iran gets bombed by the US, oh my, I mean, actually, I'd like to ask you, Chris, what will that do to energy?
What will that do to gold financial markets if that happens?
My answer to that is kind of irrelevant, right?
Yeah. You know, like, Yes.
Will energy markets explode higher?
Will gold explode higher?
Will Bitcoin explode higher?
Yeah. Will nobody get their money out of the bank?
Yeah. But we're gonna have a lot bigger problems in finance if that happens.
Like what?
What are you thinking?
You know, I think some of the things you've highlighted on shows like grid down.
I was actually just in Panama when they had a grid down a week ago.
Oh, yeah.
We were looking at real estate on a fully autonomous island off in the Caribbean side.
So This is about an hour-ish from the city.
We could see it in the distance when the lights went out.
It was, honest to God, it was terrifying.
Wow. So, it's not like humans were in the Depression, right?
In the 20s, what was commonplace?
84% of the population of Earth had a farm.
They did not start, my grandmother in Connecticut had a dairy farm.
They didn't even know there was a Depression.
They were poor Irish people who were used to being poor and Irish, but they didn't go hungry, right?
So her childhood was not devastated by that.
So I think we're in that really sad, precarious, and weak position from a survival standpoint in both food and ag supply, as well as skills, that what the financial markets do, will I prey on and do well?
Yes, but I'm a shark, that's my job, and I'm I'd like doing it, but for the, you know, the normies or NPCs or populace at large, it's going to be pretty terrifying.
Like they've taken unknown numbers of vaccines.
We're getting chemtrails of the vaccine also.
I've been documenting that and slamming our governor as almost twice a day with these photos of what they're doing in Florida.
Todd, I'm sure you're seeing it.
You can see it on satellite.
So they're not going to have the bandwidth to process Hey, what, is it Israel bombing Iran?
Wait, is that a U.S. stealth bomber?
Who's actually doing this, right?
So, I think from a psychological standpoint, and then a go 0.1, 0.2, 0.3, it'll be really, really devastating.
Well, and Todd, the next question is yours.
I'm sorry to interject, but I just have to point out that if the U.S. bombs Iran, Iran will almost certainly close the Strait of Hormuz, which will cut off a lot of energy exports to Europe, which is already dying from energy starvation because of their climate cultism combined with the fact that the U.S. Navy blew up the Nord Stream pipelines.
Everybody knows that.
So doesn't this spell total financial doom for much of Western Europe also?
Or the planet.
Tell me what financial system can survive it.
Now maybe because Russia's off swift, Yeah.
Right. That's what I was thinking.
You can't great take their assets anymore.
No. Right.
And for your viewers who don't know what that is, I don't know if you've had David Webb on or not.
I have, yeah.
We've interviewed him.
Okay, great.
So they know.
That's on deck, ladies and gentlemen.
Yeah, 100%.
That's on, yeah.
No question.
It's all going to, there's going to be a default and a great taking.
Todd, next questions.
I'm sorry to keep dominating here.
I just keep thinking of follow-up.
No problem, no problem.
Chris, BlackRock released a three-minute Bitcoin explainer video that included a disclaimer stating, there is no guarantee Bitcoin's 21 million supply cap will not be changed.
And to me, that was not a shocker at all.
Because I assert that the supply cap has already been changed due to the financialization of BTC via rehypothecation and fractional reserve practices.
Chris, would I be an absolute, your word earlier, retard to claim that the true effective supply of BTC is more like 50 or 60 million?
Because, I mean, the banksters have kind of taken over Bitcoin, have they not?
With the financial?
No. I mean, it's the same thing on silver, right?
What we can count is just at one futures exchange is 378x the spot, right?
That's right.
What's silver supply?
Infinity, in paper terms.
What's gold supply?
Infinity, in paper terms.
What's Bitcoin supply in paper terms?
Infinity. Unlike gold and silver, where it's impossible to bear witness to each spot transaction, right?
You can all day and every day on Bitcoin.
And there's not a Not just as they're not 21 million, there's actually under 19 million.
Correct. While I agree the dampening of price action is the output of what you're saying from a paper perspective, and I agree with that, I'm not as concerned with the US dollar value of my Bitcoin.
One Satoshi is one Satoshi.
Oh, and if you're suppressing price, great, because I can buy more.
Okay, okay.
So long as I'm earning fiat to deploy into assets, I give not a shit if they hold it down.
So that's the way I feel about silver and gold.
I feel like if JP Morgan's manipulating silver, I can buy it at a discount.
And so I do.
Right. And how we've actually structured our fund, Todd, to prey on this.
Half the fund is long.
We use five cold custodians off exchange.
We actually have a biometric plus But to the everyday average cryptocurrency investor,
like us and our viewers, Doesn't this just scream of self-custody?
Because they can play these games, but if you have self-custody of your BTC, you're Gucci, are you not?
Yeah, absolutely.
Yeah, you have to.
So that is a lesson learned.
Screw the paper BTC.
Well, that's just an illusion of current price in USD terms or Yen terms or Euro terms, right?
It's a construct, not the reality.
The reality is you hold it on this, you're your own bank.
Right. Right.
Well, I mean, like if there were a Comex for Bitcoin and then everybody wanted to take delivery at the end of their options contract.
Well, there is.
Which is what's happening with gold and silver.
The CME.
I'm a market maker on the CME in BTC and Ethereum contracts.
Guess what, Mike?
They don't let you take delivery.
It's cash settle only.
Yeah. Oh, man.
Really? There's not.
Wow. There's not even a delivery option.
No. So this is the stuff that, you know, as a young man, I was witness to and I'm like, well, that's not fair.
And that doesn't make any sense.
Not knowing the giant apparatus behind why that even exists.
Well, and let me mention, I mean, the, the, the entire global gold and silver marketplace, as it is paperized, as it has been since the days of, you know, British pound, sterling global domination as the world reserve currency.
It is a massive fraud.
It's a total freaking fraud.
They don't have the metals that they claim to have, and this is about to be ripped wide open, I think, right now.
Well, theoretically, yes.
You're right, because there's a 600 million ounce deficit on gold at all these places, right?
And there's been a big repatriation.
But then look at the new contracts they've created.
Look at the morning price.
When New York opens, they slam it.
It doesn't even matter.
And nickel is a great example of this.
So look at nickel.
I believe it was either Q1 22, Q1 21. Nickel goes up hundreds of percentage points.
They freeze it.
Trend following hedge funds and private investors are the long side.
They freeze it because it was literally bankrupting JP Morgan real time.
They issue more paper over it.
They open it, drops 43% in one second.
Poof. We got it back.
Didn't they actually, didn't the LBMA reverse nickel trades during that event?
Yes! Yes!
Which is an admission that it's all a total scam.
It's worse.
It's a total scam wrapped into a cartel that racketeers constantly.
Yeah, yeah.
Yeah, it's a mafia organization, basically.
And there's Satan worshippers on top of it.
Of course, of course.
Why wouldn't there be child trafficking Satan worshippers, you know?
Yeah. I've been in these circles, it is, and we're making jest of it, but it is terrifying, Mike.
It's, it's the, uh, who's, who's that, that British guy, that pedo British guy who looks like Satan, who had access to the...
Aleister Crowley?
That the original one?
No, no, no.
The, this other guy, he was like a, he was like a, uh, personality, like a celebrity personality.
I keep forgetting his name.
Oh, advisor to Prince Charles.
Yeah, advisor to Prince Charles.
Yeah. That guy.
Yeah. Like, the metals market is the parallel of that guy in finance.
It's like your worst possible monster nightmare.
It's your vampire squid.
You remember the propaganda that the guys that were killed on the Titanic had against the money trust, right?
It's that giant squid, right?
It is that vampire squid.
The problem is that it's in agribusiness, it's in pharma, it's in media, It's in Web 2 tech, right?
There's not one sector that other than DeFi that they do not fully command.
And while I love Roger Ver and he is right, actually, you guys like should read look at big cash, by the way, because of on a first principles basis.
Oh, yeah, the same for sure.
We got to we got to trade the hand we're dealt, right?
No, we're big fans of Roger Ver.
And and I completely agree with his argument about the manipulation of blockchain size kept artificially Small.
I agree with Roger, but you're right.
What is the dominant crypto today?
It's Bitcoin.
Period. It's Bitcoin.
It's got 15 years of blockchain history now.
I've got tick data on it going back to 2015.
Wow. It's fantastic.
And you know data is value, right?
Data equals value.
What that value is can be subjective, but Can we talk about Bitcoin's fungibility?
Or some may assert lack thereof.
So everybody, fungibility is the property that makes each unit interchangeable with one another.
And since Bitcoin is a transparent ledger that's open to massive surveillance, centralized parties, exchanges and financial institutions, they can blacklist or they can freeze or even seize quote unquote tainted coins.
Like the Canadian government?
Yeah, Chainalysis makes a living surveilling our crypto.
Chris, what impact does BTC's fungibility, does it have any impact on your fund's operations?
Not, I mean, I think it's a feature, not a bug, actually.
You do?
Yeah, yeah.
I mean, it's part of one of the factors that make it a great asset, to be honest.
Like, an asset has to be fungible, right?
So, do I like or enjoy that they, and they definitely are tracking, to your point.
No, And is there differentials between KYC Bitcoin and maybe elder Bitcoin?
Yeah, there is a technological difference.
Do you have to risk assess any Bitcoin that you acquire?
And we have had to underwrite that.
I don't want to jinx myself, knock on wood, but we were one of the only funds not exposed to any of the fraud that you all saw in both 2017, 2020, and 2022 through our underwriting process.
We do have a tech We have our own software infrastructure, and we're not very good with hardware, I'll admit that, but we're pretty solid on underwriting tech.
And so by doing that, Todd, we found, okay, Celsius, BlockFi, et al., FTX, they were re-hypothecating.
We started to lose count after four.
Wow. Right?
So, but again, how many dollars are re-hypothecated?
How much Apple stocks re-hypothecated?
This is human input over the blockchain itself.
So, again, I think it's a feature to have fungibility.
Well, yeah, but let me clarify Todd's question as I understand it, which is, yeah, we all agree that fungibility is important, but what Todd is saying is that Bitcoin lacks full fungibility because some coins are tainted, whereas on a privacy blockchain there is no such thing as a tainted coin.
But define tainted.
Well, that there's a history that can be traced back to the Silk Road or something like that, for example.
Well, but do you think that's actually a tainted history?
Well, it doesn't matter what I think.
It matters what the government thinks and they're trying to lock down wallets and ban you from interactions with banks and things like that.
It's centralized.
It's everything that we are, that our show is against, and not against, but centralized parties, centralized control.
100% abuse.
But they can ban you from using Monero too, Todd.
Yeah, they can try.
They can.
And it's a little bit more difficult for them.
And then there are other cryptocurrencies that they can't yet.
But yeah, I mean, but look, BTC is the grandfather of them all.
And I was just curious with your fund, whether it was a consideration to say, hey, look, we can't just buy every Bitcoin that comes our way.
We need to discern whether or not it is a tainted Bitcoin, and thus you have to make maybe an incremental investment to buy a clean Bitcoin.
I don't know.
What the hell?
Well, and there is there is premium on non-KYC Bitcoin, Todd, to your point.
And yes, you know, early on we weren't as conscious of these issues, right?
Because they really didn't exist in the early days of trading and arbitraging.
Sure. Because initially, like, oh wow, magic internet money that meets HIAC's criteria.
Great! Yay!
So, we've kind of rolled with the punches to the best of our ability from an appraisal, risk assessment, tech underwriting.
We've always got that SOC 2 compliant kind of overtone to how we're viewing things.
So, and I'm as critical and gnarly as it gets, Todd.
Okay. As DeFi, I mean, we were one of the founders of the DeFi Alliance.
So, why I'm not necessarily pushing back, I'm just focusing on a first principles side.
Sure. Okay, how do we apply that in our current Environment where people have rehypothe where there's now paper ETFs and I can dive into that Depending on how long you want me to be negative From our perspective we want to be as clean and precise and pristine as we possibly can and so if it's physically able to be underwritten to the tune of who we're buying it from Does it have that history?
We were actually on with chain analysis earlier this morning Doing this, Todd.
Now, I don't like that everybody's monitoring us, but they're watching us now.
DARPA's watching us now.
We're on a Zoom conference.
Yeah, right.
Sure. So, you know, I want to serve my investors and my portfolio to the best of our ability and do exactly what you just suggested.
Do we consider this?
Do we analyze things differently?
Or are we just blindly okay with whatever?
I think most people are blindly okay with everything.
I have a really dim view of humanity in general.
I think 98% of people don't give a crap about privacy or anything like that, but there are 2% of us who do.
But the funny thing about all of this is with crypto, in my opinion, is that The way regulatory challenges paint it is that those of us who do want to exchange value privately are likely needing to do something nefarious.
And I don't like that.
No, and that's because of the construct we're playing in.
And then I will give you some carrots on this.
There is an e-cash, it's called Chamian Cash, that's coming out of Testnet, which is on top of Bitcoin as collateral.
Because I think what's going to end up happening is Bitcoin is pristine collateral to recapitalize the banking system or central banks.
So instead of central banks, you could recapitalize the planet with Bitcoin.
And there's so much.
One other layer, too, I'm involved in is where we've got private lightning node channel, a smart contract overlay that, let's say, Todd, you want to borrow one bit from me, and I'm going to charge you 4% annualized.
We're going to do it for 30 days.
We'd lock that in a smart contract over a private lightning node.
And the frequency with or the latency with which you could go down to is at block time.
Then there are hash rate and block size derivative to Roger Ver and your points because this was artificially kept low.
Now there's an arms race because it's actually exploding because of the adoption and the use and the liquidity of Bitcoin.
And that's why all of these things that we can point to that aren't perfect, right?
They're actually these features that are getting solved for in real time.
Okay, that's a good answer.
I think through zero knowledge, there could be applications on any asset, whether it's Ethereum.
Monero's already the gangster of privacy coins.
Like, that's how I view it.
It is a badass mofo.
And we, I don't know, can I disclose this?
If the SEC is watching, you know, we hold a core position in Monero.
Because of that.
Well, I'm a huge fan of Monero.
And other privacy coins.
And I love the fact that Monero continues to innovate.
And also, we've interviewed Ruben Yap several times from Firo, right?
And I know that his team also, I think they share ideas with Monero's team and builders and so on.
And so there's a lot of innovation in this space.
But I want to ask you, before we run out of time, about the dollar, about where the dollar is going.
Because And what are the implications of this on crypto assets and metals or other assets?
Because it's clear to me that Trump is going to be forced, and it's not his fault, but you would make the same call, Todd.
If you were President, Todd, you would be forced to do the same thing Trump is going to do.
I would as well.
You're going to be forced to print trillions upon trillions of fiat currency dollars in order to cover all the things you're trying to do, like, you know, Slashing the income tax and then put out a UBI.
And, uh, well, I mean, this is $10 trillion in treasury debt that's coming due to roll over this year, this calendar year.
You gotta find buyers for $10 trillion.
Um, yes and no, Mike.
All right.
Let's hear it.
Let's hear it.
Do they really have to find a buyer for it?
Well, they'll, they'll print their own.
They'll print the federal print and buy it.
Yeah. Yes.
But the, well, and then, and then, But then we have magic money.
Absolutely. I do.
So I thought the Fed monetizing the debt was already magic money.
No, Mike and Todd, we get to just go poof.
Here it is.
We don't even need treasury bonds.
So, you know, five years ago, would I be right in line exactly what you're saying?
Yeah. But in reality, they don't.
Do they have to do?
We don't even know is the answer.
Right. And what we may find out prior to the need, which I think is on deck, Mike, I agree with you and Todd on this June, July ish.
Maybe before.
But we may find out from the Doge guys and or more disclosures that there's already a hundred times, a thousand times the dollar fiat that's already in existence now.
Does that cause the loss in faith?
Because right now we're on the faith.
That's it.
That's true.
If people just opt out mentally, it's already done.
And I think the globalists, if they do the Iran thing and the great taking, that is what it is.
That might be all she wrote.
But sans that optionality, then I think it's, as consciousness, which I believe is rising, and I can feel it, sense it, if we just all go, all right, we're done, opt out, if they print or not, it doesn't even matter, because all the value is subjective any damn way, right? True.
So, if you want, you know, some product out of my food force, and I want one out of your food force, we're gonna make a market in that, Regardless of any exterior influence, right, Todd?
Yeah, and I mean, I'll have Amazon-type delivery with my raccoons to be able to take it over to your food forest.
What about you, Chris?
Horse and buggy, you know.
Todd has flying raccoons, though.
They're like drones.
But the government will pay its benefits in currency.
That will include pensions, that will include food stamps and UBI's.
That's how the government will get its tentacles into Forcing people to continue to use its fiat system is through the government benefits.
But for those of us who don't receive any of that stuff, I've never had a USAID grant.
Thank God.
We're free to use whatever system we want.
And I'm going to opt out of the entire government fiat currency system every chance I get.
I kind of did that in 2013 mentally, and then have done it more physically the last five years.
It's got to be.
You got to be really precise with who you do business with, but it is possible.
And then all these cash app machines now accept Bitcoin, right?
So you can use that on a day-to-day basis.
Like I said earlier, I don't want to spend that because of its scarcity, really.
Primarily, that's it.
I don't care about anything else.
I want scarce assets, just like farmland and water.
But Mike, to your point about the dollar, it's already down around seven year to date.
It's hard to argue against the hyperinflation side, Mike, but it appears we've rolled into deflation globally already.
Deflation of what?
Deflation in terms of credit creation, in terms of demand.
Pure demand.
Oh, well clearly, yeah.
Demand is plummeting.
So the rate of change now is high enough there.
Okay, you see egg prices come down, OJ come down, aluminum come down, not a magnitude enough for the public to really notice, but on the charts, on a log chart, you're like, okay, the trend changed, at least in classic terms.
So I'm kind of on a 80-20 fence where 80, the exact scenario you just proposed, and it's literally on deck the next 90 days or so, or there's this 30, 20, 30 percent chance that Well, And then the bond market just goes poof.
And that actually is a great thing because we don't have to recapitalize anything.
Right. So a debt Jubilee is actually the best case scenario.
Investors don't like hearing that too bad.
and some say that this is what Trump is trying to achieve.
To clear the debt.
I mean, I've briefed some people on how to fix Treasury, and it includes defaulting on the Fed.
Yeah, I think it's inevitable, personally.
You can default on the nine-trill that they own, right?
And then pay back investors that are domestic, or all investors, like mom-and-pops, mutual funds, pensions, etc.
So that frees up quite a bit of balance sheet, and if they actually cut one trillion a year of capex, We actually get on on decent ground because like what are all alternatives you want you want reninbi you want your you want euros right oh god please no right so we have to again play the hand we're dealt right and i think whatever scenario it is it's going to move fast it's going to move hard people are already way out of position both of you have done a fantastic job since
the inception of decentralized tv to tutor people And then prepping.
But honest to God, the window for doing that is very small now.
Clearly. Clearly.
And really, I think people should be rushing to buy gold and silver.
And even the word buy is wrong.
It's really exiting fiat.
People should be getting the hell out of fiat.
And maybe that's gold, maybe silver, maybe crypto, maybe land, whatever it is, something that's not fiat.
And yet, it's only a few percentage of people who are awake Like, those are the ones that, you know, like when you're on the beach in Indonesia or wherever, and the ocean water goes out all of a sudden, you're like, wow, where'd all the water go?
The smart people are like, run, run!
And the stupid people are like, hey, let's go out farther and see what happens, you know?
Like, this is where we are.
Seashells! Well, you know, if you say it has value, Todd, I believe you.
I think for the purposes of value creation for your viewers, Mike, I think, my guidance would be don't focus on just a one-size-fits-all solution.
Right. Be competent and strong up here, right?
Most of what's going to happen in terms of the outbreaks of violence are because of a weakness of psychology.
And again, I think the magnitude of what's coming is an order of magnitude higher than the Great Depression, but Look, look at that example.
No matter where you were in the world.
Yeah, where people starving in the Weimar Republic and using two million German marks to buy a loaf of bread.
Yeah, but it still is not that was not as bad as it's about to get.
Right? Because not everybody had running water or the idiot phone and and it just people are a lot stronger and less demanding and less narcissistic than they are currently.
Yeah, that's right.
And people have no skills.
Like today, very few people under the age of 30 can change a car tire.
It's just a few screws and, you know, it's not even that hard.
There's a lot of younger people that don't know how to use a pencil sharpener because they've never seen a pencil or ever sharpened or ever used one.
It's like, wow.
It's really sad.
My 9-year-old and 11-year-old, they have their own guns, and I do my best.
My 11-year-old's a hacker already.
He's got his own hardware wallets.
I printed a Bitcoin on a piece of silver, so that's got the QR code.
That's awesome.
We call it ultrasound money, right?
Right? It's super cool.
We've turned them into DGNs, and a lot of their classmates think that I'm a money launderer.
I love that.
Again, like, we can go down the scenarios here, and I think it's important for people like us to Game Theory us out real time for folks, because they've got to take charge and be responsible for their trading plan, prepping plan, and then food plan, and all of what you guys do have done that better than anybody I've seen,
and I'm not trying to over flatter you guys, but I think my message to them is get off your ass, get to work, gold, silver, Bitcoin, privacy tokens at a bare minimum, and you ought to get good at using Dex exchanges, because we're going to have to transact.
Great point.
And Dex exchanges, we'll highlight Uniswap here because it's the eldest and most productive.
$4.2 trillion is already traded on that.
Wow. Crazy.
So this is something that's not going to go away.
And then look at the capital that's in crypto.
One thing that's neat about the stablecoins, guys, is true or false, once the money is tokenized onto, let's say, Tether, which has treasuries behind it, Bitcoin, et cetera, Once it's in that technological ecosystem, does it matter if there's a dollar in the bank?
No. No.
So right now there's actually the highest amount of buying power for good assets, like all the ones we've been discussing, that will actually have to panic in out of those stable coins, not back to the bank.
Because it's not going to leave the ecosystem, right?
Because that is freedom of choice that led to those assets in those stable coins.
You think Goldman Sachs has USDC on Ethereum for their own reserves?
No, because they don't need it, right?
They just get the money from the Fed.
So this is kind of a unique thing to appraise where we've not had this example real time.
In previous banking crises, whether it was in the late 19th century, 1907, 1929, we didn't have this other system in existence to look at and then we've got 15 years of data on it and a good five years of data on just the DeFi ecosystem.
What I can tell you from a trading perspective, this tech works down to the penny.
Whether it's your liquidation vaults on Maker, or it's your ribbon finance option vaults, the DEXs like DYDX or Uniswap, the automated market making machines, these things are unreal.
And yeah, is there MEV?
Can you front run on a mempool?
Sure, but the people with the tech acumen to do that are maybe 40, right?
It's not like you're getting front run every time you go In your 401k.
Well, and versus the dollar where you're getting screwed daily because this one group can just print unlimited volumes of it where you have to go earn it, right?
So the dollar system is the scam and as we all know, but I just want to mention to your point, Chris, and then we got to wrap this up.
I have never sold crypto for fiat.
Not once.
I've only gone the other direction.
I have bought Crypto with fiat, and it's always stayed in the crypto ecosystem.
And I can't see a situation where I would ever want fiat instead of the crypto that I have.
It makes no sense.
Mike, some of the biggest money coming to me just in this week are the big lab companies of these developers going, oh crap, we've done well, we've got all this fiat.
Sully, help me out.
We need We need to put some in the fund.
We need your consulting on Treasury because we need it in the ecosystem before the fiat one just disappears.
Right. And sure, will they be precise on the price act?
That doesn't even matter to them.
They just know that we love this system and we'll go down with the ship if it doesn't work because this is one of humanity's last hopes, to be honest.
And that's a really interesting thing to see from a commit standpoint.
Yeah, no kidding.
Wow. All right, Todd, any last comments or questions?
Just that Sully just ruined the term CBDC for me, because now anytime I hear that, what's going to play in my head is, do you really think these retards can do that?
That sounds like your next song, Todd.
The best line of these two years of decentralized TV, do you really think?
It may be a song.
I may have to do something with that.
I would answer that and say they're going to do the same job on CBDCs that they did on Obamacare.
So there you go.
That's what it's going to work like.
Well, and comforting me in this equation is there are good people, at minimum, as a buffer now, right?
Like RFK, Tulsi, even Donnie.
For all his faults, what they did to him in Pennsylvania, I feel, has changed him, right?
And he wants peace, abundance, and prosperity.
It doesn't matter who he also helps that we all don't like as well.
But, you know, we've got the best shot I think we've had, at least while I've been alive.
Agreed. That's super awesome.
And then we've got the tech and the awareness to solve all of these issues.
The solves are easy.
The political will is the hard part and breaking apart that central control, which is what this show is all about.
So look, Chris, this has been a fascinating conversation.
I hope the first of many yet to come.
I'm so glad that you could take time for us today.
Let me give out your website and give us a brief description.
You do manage assets for people, correct?
Tell us about that.
Yeah, because I can't be a general of a militia, Mike.
We are an asset management firm in digital assets.
We've got a pure long short hedge fund for those who are not looking to build wealth in accumulation of assets.
And then we have a multi-strat that's been around since 2017, full big boy type fund with big auditors like KPMG.
Delaware came in like traditional as if we were a giant Wall Street hedge fund, but we don't have to exist like that because we're self-funded.
My partners and I are actually our biggest client still.
So we exist to help families and ideally pensioner money because they get raked over the coals left and right by Wall Street to build wealth successfully.
With with discipline and process and with people that support them at the bottom's up layer.
I think we're one of few funds like this that exists on earth and we're doing it.
I'm not retiring.
We've had buyout options.
We're doing this till we're dead.
So good for you guys.
Wow. Okay.
Hyperion Decimus is the website and the company name spelled, you know, I'm going to say like, what do we say?
Greek style?
Hyperion's the god of truth, wisdom, and light, and that echoes passages from Mark and Luke, right?
I am the way, the truth, and light.
And then Decimus is the Roman general that fought back against Rome.
So there's that rebellion element to it, where bring in goodness, peace, truth, wisdom, and light, and then bring in the fire.
Wasn't Decimus Brutus?
There's many Decimuses, but depending on which one you want to reference.
The one we're referencing.
Yeah, is a general Decimus, and I believe it was right after Marcus Aurelius in Time Horizon.
That would be the Decimae, the group.
Sorry, Mike, I'm from Florida.
I'm not that smart.
The Decimuses.
No, the Decimuses is the wife of Decimus.
But, OK, so anyway.
This is just fascinating.
And Chris, thank you so much for taking the time here today.
And Todd, always you do great research and you have great questions.
And, you know, I think the bottom line is all three of us are on the same page on the core issues here, which is, folks, if you stay in fiat, you are screwed.
Yep. Like, there you go.
That's the takeaway from this show.
So be smart about what you do.
Don't use this show as financial advice or investment advice.
Do your own research, get your own professional advisors, or connect with Chris and his company if you want to go that route.
But cover your ass, because your ass is about to get handed to you if you stay in fiat.
I mean, bottom line, right?
Bottom line.
Honestly, most people aren't going to listen, Mike, as cogent as what you just said was, but we're here to raise awareness on it.
Try and be helpful.
That's right.
And for those who do listen, self-custody, please.
Self-custody.
Have it in your hands.
That's right.
There's really good hardware solutions, Ledger, Trezor, et cetera.
I'm not paid advertisement, but please get all of them.
That's what I've done and played around and figured out which ones I like.
And that learning process, just like the food forest stuff, it's a beautiful, harmonious process.
And you command extra skills, which builds confidence, raises confidence.
It's just stacking talent, your own personal talent.
And it doesn't have to be much talent, but a little bit more than yesterday on that stack, man, it comes back and it pays huge dividends down the line.
That's right.
It really does.
Well said.
All right.
Well, Chris, thank you so much.
We appreciate your time and all your wisdom and hard earned wisdom as well.
But thank you for joining us today.
And we're going to take a break and we'll come back after this with the after party discussion.
Todd and I will do that.
But thank you for joining us, Chris.
It's been a pleasure.
Thanks, guys.
Thanks, Chris.
Cheers. All right.
Stay with us.
We'll be right back after this break.
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All right, welcome back, folks.
This is the official after party and Todd.
So, hey, this is the first time we both got to meet Chris Sullivan.
What'd you think?
Well, before we got on, I said, man, what a good dude, right?
He just seems like I mean, he's so accomplished at what he's done.
And if people really look into his history and his track record, he is a big get, an interview get.
I mean, he's amazing.
And yet I found, you know, at least from my standpoint, I was so comfortable with him, so comfortable talking with him.
And I love people with that personality type.
You know, I can understand why he's so successful.
And also very uncensored because we've, well, I've interviewed guests.
Outside of this program who tend to really just kind of Sterilize their words because they don't want to sound too controversial and that's not Chris Sullivan Good point.
Yeah. Yeah, he didn't hold anything back.
No, he he's that he's definitely one of us, you know Yeah, I love the fact that he's teaching his kids how to use guns and crypto like that Those are important kid skills, you know When I grow up I want to be Chris's son And I'm sure he's focused on safety with both of them, like how to safely handle firearms and how to keep your money safe.
And those two things actually go together.
You got to protect your life over here with these Glocks, and then you got to protect your finances over here with these Bitcoins, you know?
It actually goes together.
The Bitcoins can buy you more Glocks, which protect more Bitcoin.
You know, it's a vicious circle of goodness.
All right.
Well, thank you for bringing the questions today.
You're welcome.
Also, I was really struck by the fact that he gave a timetable here today.
He said that he thinks it's going to hit the fan by, I think he said June or July of this year, right?
He did.
That surprised me.
Yeah. And it's, you know, he talked about the great taking and he talked about essentially the treasury defaulting on the debt to the Fed.
Okay, so that's interesting because a lot of the Treasury IOUs are to the Federal Reserve, which is a globalist banking cartel.
Yeah. Not controlled by the U.S. government or the people.
And he did mention after we kind of got off and we were saying our goodbyes, he did mention that this banking cabal, this world, he said, you think they're evil?
He's like way worse than you can imagine.
Oh, yeah.
Big time.
Big time.
So I think that that may inform his his timetable to where we aren't thinking that way because we don't have that inside baseball.
But so I am going to be paying attention to June and July for sure.
Yeah. Well, it's good to I mean, I don't focus on any specific calendar day or anything like that.
I just think that We should always be moving out of fiat and into things that will hold value or that have improved properties like self-custody, right?
And one of the things we didn't talk about today is the fact that Bitcoin, even though you talked about rehypothecation, Bitcoin cannot be counterfeited like dollars can.
Of course, the dollar counterfeiting is only, it's controlled by one group, the Fed, but Bitcoin can't be counterfeited by anybody, which No, but I think the takeaway here, I was thinking about that as we were all talking, the takeaway is nothing changes under the sun, man.
Solomon got it right.
This 2%, 98% I think is real.
And I think 98% of the people out there are going to be super happy investing in cash Bitcoin.
I mean, paper Bitcoin.
I bought the paper Bitcoin, you know?
It's that 2% who are going to recognize, no, take self custody.
And then you really have Bitcoin.
So you're right.
It can't be counterfeit, but they can sure sell a lot more of it than exists.
And they, I mean the cabal.
Well, right.
But this is how banks work right now, right?
People take cash, put it in a bank, and then they think that they have the money because they can log in and see Right.
No. Yeah, it's not.
It's not even close.
Well, and bank bail-ins prove all this on the dollar side.
You know, a bank can just collapse, and this is the great taking.
A bank can collapse and just seize your money.
But let me use this as an opportunity, Mike, because this is going to be a regular DTV episode, but I want to use this as an opportunity to be able to share with people that we have our 10-episode docuseries.
Do you want to talk about that?
Because I want to talk about crypto a little bit after you tee up what it is, Mike.
Yeah, it's called Breaking the Chains, Decentralize Your Life, and this is a docuseries that Todd, you and I have put together with exclusive interviews and exclusive bonus material.
We don't yet have a calendar date for it, but it's going to air for free at brightu.com.
And like all the docuseries there, you'll be able to watch it for free by just registering your email, or you can optionally purchase the series.
And that entire series, Todd, as you know, is focused on Practical steps that people can use to decentralize their life in business, finance, food, medicine, liberty, law.
I mean, I've interviewed an attorney for this as well.
Brian Festa was who I interviewed on this.
And many other areas, how to decentralize your life in a practical way, not theoretical.
That's what it's all about.
And you know, we have an episode.
Ashton Addison, we've interviewed him before.
He's the Crypto Coin Show guy.
He and I did, and man, it's going to be long, but it's worth it, man.
If you are crypto curious at all, we did a really nice, long, comprehensive video on cryptocurrency In general, it is so educational.
And so we talked about everything.
Maybe we went overboard and we're giving you too much information, but I think you're going to enjoy it.
But what's really, really cool is then I have retained a consultant who is excellent, who is going to, for the bonus material, I gave him a thousand dollars of fiat to be able to go out and Video from the second he has it in his bank account to the end game where he is going to go through and show you the exact process
on how to get $1,000 from your bank account onto an exchange into a decentralized exchange to be able to acquire Privacy coins, not just Bitcoin, USDT, and ultimately take self custody on your own mobile wallet.
And he's going to do that.
So it's just so simple as one, two, three.
All you have to do is follow along because I thought, man, we talk a lot about crypto, but some people are just overwhelmed by it, but no more.
You are going to have personal coaching with the bonus material of the documentary.
That's so great because The whole point of this docuseries is to make it a how-to, you know, step-by-step.
And we also did an interview of Joshua Hale on AI, how to use AI to decentralize your life, which is a subject that I strongly agree with, given that we're releasing an AI model that's open source also.
But in every area, there's a solution, you know, decentralize yourself out of the medical system.
I mean, that traps a lot of people in a very bad, You know, a bad cycle of dependence on doctors and pharmaceuticals and pharmacies and insurance payments, all that garbage.
I don't, you know, I don't participate in any of that.
I don't, I don't have a doctor.
I don't have a GP.
I don't, I don't, I don't do annual checkups.
I, I, I check out my own situation.
Hey, how am I doing?
I'm doing fine.
Yeah. I can take my pulse right there.
I can take my, I don't need a doctor to tell me how I'm doing.
Yeah. Yeah, and plus you have a superpower avocado drink, so you know that there's nothing that's going to be bad for you.
This is what keeps me going for 20 years.
But yes, so with the docuseries and the bonus material, I'm just telling you the bonus material is going to be so worth it for those of you who want it.
You know, absorb all of this on your own time.
And one of the things that Joshua did is he took Jim Gale and his whole team through a free session to where you are going to be able to be a voyeur and just witness this transformation.
Sorry, you're going to be able to witness this transformation through AI technology on how they Oh, logo that blow your mind.
I'm talking from scratch.
It's amazing.
So I can't wait for people to be able to see that Mike.
And you know, we're going to of course teach people to keep more of what they earn.
can I show you something, Mike?
Yeah. I got it.
I got it today.
This is the first one.
You know, with my website, my575e.com, I help people keep more of what they earn with what's called an unincorporated nonprofit association.
I am happy to say we're well over 150 people that we've helped over the last year.
And I always joke with people.
I say the only recurring expense that you have on this is annually.
You have to invest in a thank you card and a stamp and send me a thank you card on April 15th every year because you've saved so much money in taxes.
So I got my first one today.
It came in the mail.
Great. It was so funny.
It just gave me a giggle.
It was thank you for helping me today.
Oh man, that's awesome.
And this, this is the season right now.
This is so-called tax season right now.
Where, you know, tens of millions of Americans are wasting billions of hours trying to comply with a completely insane, nonsensical tax system that nobody can make any sense of.
So let's talk about your website, my575e.com.
I've got a tab with it right here.
Tell us about this.
Yeah, what I really recommend, look, if you are a W-2 earner, a 1099 earner, if you're a contracted employee, You just want to at least go to this website, put in your name, email address, and then that'll give you full access to the next phase of the site, which is a 90-minute video where I interview the subject matter expert on this, Dennis Gray.
He's been at this for 35 years.
He's helped over 1,100 people with these, not one issue ever.
And there's a PDF document that you can download.
And the other last thing I just want to share with people, by the time you're done with that due diligence, you're going to be like, wow, I need to do this.
But it sounds too good to be true, right?
And so you may have some questions.
And what I invite you to do, and I make it real easy right there on the site, do what a lot of people have done.
is they book a session with me, and it is $150 session, but I always tell everybody I want to give it back to you.
I only do that because, Mike, I've shared before, when I didn't charge anything, 7 out of 10 people don't show up.
It just boggles my mind, but that's the math.
And so with it, though, if you move forward with a UNA, you get that back.
You just take it off the top.
And most people who do book a session, they do move forward with it.
And I, you know, because everybody Most people have real personal questions, and I help them through that.
But it's just something that, Mike, you know it is my form of activism right now, and I just have enough people who have voted, who have moved forward with it, who are in our private Telegram group that can give testimony to the fact that they are sure fact, sure happy that, you know, I started discussing this a year ago.
Well, and what's interesting is that Trump says he wants to end the IRS.
Good luck with that.
Yeah, but he also says he wants to have no taxes, no federal income taxes for people who earn 150k or less per year.
Well, actually a UNA when properly constructed and properly used can put somebody in that position largely right now.
Absolutely. The one secret is you can take your W-2 income Donate 60% of your adjusted gross income to your unincorporated nonprofit association that you control and lower your tax basis by that same 60%.
So if your AGI was $100,000 and you're paying, let's say, 30% federal and state on that $100,000, that's $30,000, whereas if you donate Rough numbers,
yeah. Have we share all of the legal, the accounting, the constitutional law with it.
And look, I don't sell them, Mike.
I just inform people and everybody can make big boy, big girl decisions.
And I'm just happy that a lot of people have and they are too.
Yeah, good point.
There is just a general disclaimer on this show, because we talked about crypto, we talked about finance, and so much more.
Folks, don't take this as financial advice, do your research.
But that's what you're offering people to do, is to do the research at your website, my575e.com, learn about it, watch the video, and then they can consult with financial advisors, they can do more research, make their own decision.
I always, in a consultation, I begin, I said, hey, My lawyer tells me to say this.
I'm not the lawyer he is.
I'm not an accountant.
I'm not a financial advisor.
I'm just a regular dude who came across this entity five and a half years ago and found it to be really, really good for my wife, me, our family.
And now I'm just, it's my form of activism to let other people know that exists.
But I'm not, you know, I don't know.
You don't want to be sitting on dollars.
You want to have it converted into something else.
That's right.
That's right.
I'm converting a bunch of mine right in my backyard right now.
The sunshine shining down on it.
Oh boy.
Well, we converted a bunch of fiat into concrete.
So we, over the last few months, we poured concrete for new, because we're expanding operations and we're building a new studio building.
So concrete's real.
You know, rebar is real.
It is.
It's not fancy.
It's not, it's not like super awesome, amazing crypto, but it's, it's in the ground and it's not going anywhere.
It's like, I don't think they can come confiscate it either.
It's like, Oh, you want the concrete?
Bring a bunch of big ass machines if you want to start digging, but it's going to work.
And until you put up that roof, your guests can land a helicopter on it.
I imagine.
They did.
Yeah. Gary Haven.
Landed his helicopter on one of the pieces out here.
All right.
Let me mention our sponsor for the show is the satellite phone store And if you go to starlink123.com That will forward you to this page.
They now have deals with Starlink that are a better deal than Starlink Direct because you don't have to buy this hardware up front.
If you work with the satellite phone store, you just make a simple monthly payment Here's 200 a month, and you get this Gen 3 hardware, which is this commercial grade hardware, plus a 500 gigabytes per month plan, and you can go over that, it's just slower.
And you just make monthly payments with a commitment of, I think it's 12 months for this.
So they make it more affordable.
You don't have to be out of pocket up front.
And of course, the satellite phone store also has satellite phones and bivy sticks here, which is satellite text messaging, as well as these Faraday Bags, backpacks, and there's also solar generators, solar panels, and lots of things to help you be independent and off-grid.
And the reason I like Starlink satellite bandwidth is because you can pack that thing up and you can take it anywhere.
You go camping, let's say, and you can just set it up at the campsite.
As long as it can see the sky, you've got serious bandwidth.
Like for some of these, 200 megabits a second or more.
Wow. And you can just take it with you anywhere except not on a ship.
You can't.
They don't cover the ocean with this plan, but anywhere on land is covered.
Well, I mean, they don't serve like North Korea, you know, and Iran and other certain countries like it.
But maybe you shouldn't be going to North Korea.
You know, I'm saying if you're wandering around America or someplace like that, or Central America, South America, you can use this, OK?
So, Starlink123.com will get you to that site.
And then, of course, to support us, shop at HealthRangerStore.com, where we have all kinds of, you know, certified organic foods and supplements.
Let me just bring that up.
That's what actually brings in the funding for this program and for our new studio and everything else.
So there you go.
We've got special deals going on right now, and we've got customer loyalty points, you know, superfoods, laboratory tests, certified organic, all of that.
HealthRangerStore.com and we thank you for your support.
Mike, I want to give a little something away.
That as a bonus episode, you know, we're doing a 10 episode series, but we're going to have an 11th one and that's going to be me personally interviewing you.
Oh boy.
You don't know the questions that are going to be coming, but I do want it to be practical.
And so one of them is, I would love for you to be thinking about, maybe you could even pull together a package, I don't know.
But I've heard you talk a lot before about how people can, how we have all kinds of chemicals and things in our kitchens, in our bathrooms or whatever, and how we might be able to do a makeover, right?
There might be a product set of, hey, you wanna basically revitalize your bathroom without all of these smelly, Poison is whatever, you know, and do it naturally.
Anyway, what are your thoughts on that?
Well, we are it's a it's a great idea.
You always have the best ideas, Todd.
I'm working with my team to see if we can put together a package like that.
Sometimes it's hard to get to have everything in stock at the same time.
The supply chain is still a challenge sometimes.
But yeah, we have alternatives for body soap and toothpaste and deodorant.
And laundry detergent.
You should at least talk about it.
I want to talk about it because, you know, it's we don't ever talk about the specifics and we want this series to be practical.
So let's talk.
Yeah. That sounds fine.
Well, I would love to do that.
Like here.
I mean, here's our laundry detergent.
Actually, it was just where to go.
Oops. Never mind.
But yeah, we have like natural laundry detergent that is no no fragrance chemicals in it, things like that.
And you're a customer of our toothpaste and it's your feedback that's actually improving our next production schedule on the toothpaste.
And we're going to be doing, in our new studio, we're building a kitchen set.
And we're going to do kitchen, like, how-to stuff.
And one of the first things that I'm doing, actually, I'm going to do this one here.
I've got a blender and a bunch of chalk for writing on chalkboards.
And we're going to blend the chalk in the water to show you what you're buying when you buy oat milk at the grocery store.
Because one of the main ingredients is calcium carbon.
Yeah. Whoa.
Whoa. In fact, I've got our microscope right over there now.
We're setting up the microscope.
We're doing lab tests and we're doing blenders and smoothies and whatever else we can come up with.
Maybe, perhaps, including my dog, Rhodey, here.
And everybody, he does that all in between, what, your next 10 Spotify songs?
Working on some songs.
I'm working on a song for this show.
You've heard An early version of it.
It's called Decentralize.
Decentralize. I love it.
Yeah. It's an EDM style, right?
So a little bit of dubstep, heavy bass, big drops, EDM style song.
I don't know.
Do you like that song or is it too out of our demographic?
I don't know.
We'll have to...
We'll keep working at them.
Yeah, me too.
Because it seems like the kind of music that 20-year-olds would dance to at a rave party, you know what I mean?
I was kind of thinking that, but yeah.
I am the last one to judge you on your song creation.
Well, no, I'm judging myself.
We can choose different styles, but it can't be country-western, you know?
It can't be gospel, it can't be I don't want to be heavy metal.
It doesn't really fit.
It's like decentralizes more tech.
So it seemed like a tech beat kind of made a lot of sense for it, you know?
I think it does.
I think so.
Everybody, this is the sausage making you're witnessing and wait until you hear the final product.
Oh, anyway.
Yeah, we're still playing around with it.
I'm reworking some of the lyrics, but it's so far, it's pretty good song.
Hey, we're going to play your song at the end of this broadcast today.
So make sure you send me a link.
I'm going to WeTransfer it to you all and I'll get that to you as I'm WeTransferring all of the bonus content that I've been recording.
I have a ton of it.
So, but yeah, I'll get it to you right away, but everybody will be able to get a tour of my food forest via, I think, a pretty Hopeful song.
Okay. I love your song.
You did a great job on that song.
I've had a lot of people send me songs that they created on Suno.
They're mostly not very good.
Just saying.
Because they had AI write all the lyrics and I can tell.
It's like, you just had AI write these lyrics, right?
Right. Yeah.
Well, it kind of sucks, you know?
But you didn't do that.
You meticulously crafted your lyrics and it shows.
It's really good.
Thank you.
Thank you.
Yes. And I also like the reggae style, too.
Yeah, well, that's, you know, that had to happen.
It fits.
It fits the topic.
It's perfect.
Even your vocalist even has a little bit of that Jamaican accent going.
He really does.
I hope people enjoy it.
Give us some feedback if you do, folks.
All right.
Very good.
Well, we'll We'll wrap it up there.
We'll play that song for everybody.
And Todd, thank you for another great couple of shows here today.
It's been awesome.
Thank you, Mike.
Have a great weekend.
And again, Chris Sullivan, thank you for joining us today.
You were an awesome guest.
We can't wait to have you back.
I second that.
That'll be fun or terrifying.
Maybe both.
Hope you all enjoyed it.
Thanks for watching today.
Be sure to check out all the other episodes at Decentralize.TV.
They're mostly evergreen episodes.
You can watch them at any time.
You can learn all the time, and it's all free right there on decentralized.tv.
Thanks for watching today, everybody.
Take care.
Thank you, Todd.
Cheers. Once was just a lawn, now it's paradise.
Roots run deep, love reach high.
Come along on this journey, we grow in life.
Dig up the ground, feel the earth in my hand.
We don't need no chemicals, we work with the land.
Mama plant the mango, papa love the lime.
The children chase the butterflies, oh what a time.
The rain come down and the sun shine bright.
Every little seed gonna reach for the light.
Day by day, let the good vibes grow.
Watch the trees dance in the breeze real slow.
Oh, we're planting our yard and I'm eating.
Food for the soul, food for the season.
One day our children will reap what we sow.
A feast for the future, just watch it grow.
Banana and guava, papaya so sweet.
Herbs for the healing, mimosa undefeat.
No more mowing, no more spray.
We work with nature in a natural way.
The bees hum low and the birds sing high.
A symphony of life underneath the sky.
Day by day, let the good vibes grow.
Feel the love in the land, let abundance flow.
Oh, we're planting our yard and I'm eating.
Food for the soul, food for the season.
One day our children will reap what we sow.
A feast for the future, just watch it grow.
Just watch it grow General Generations will sit in the cool shade, telling stories of the trees we laid.
From the roots to the sky, this love won't fade.
This is the gift that our families made One more time, full of junk Granting our Yarden of Eden Food for the soul Food for the season One day our children will reap what we sow A feast for the future
Just watch it grow Let it grow, let it grow Food for the family, love will flow A paradise, we know Plant the seed, let it grow
let it grow, let it grow Food for the family, love will flow Yeah, yeah Paradise, we know Plant the seed, let it grow
We know We know We know We know We know We know We know We know We've got a new product at the Health Ranger store called Oat Milk Powder.
Here it is, available now, and it's got just one ingredient, which is oats.
I mean, check it out.
It's loaded with natural minerals, and it's about 5% fat, organic oat milk powder.
Certified organic, laboratory tested, and it's a great base for lots of smoothies.
You know, I make my smoothies every day, and I started putting it in here as well.
Just gives it An extra rich and sweet taste, actually.
Oat milk powder is naturally kind of sweet.
And if you really want to jazz it up, you can add a banana to it, or you can put whey protein in it.
Let me show you what I have on my desk here, just some ideas of some of the things that I use in my smoothies, because I've been living on a smoothie for breakfast and lunch for like 20 years now.
And so I'll use like cocoa energize, I'll use whey protein, I'll put broccoli sprouts in it for the sulforaphane, and there's the oat milk powder.
I also use turmeric powder and then instant coffee sometimes, but those are currently out of stock at our store, so you have to check back on those later.
And you can use anthocyanins for fruit based smoothies, etc.
But now I use a big Vitamix blender, but for those of you who want to have something more convenient for your office that's portable, We now carry the Blendi portable blenders at healthrangerstore.com.
Just search for Blendi, B-L-E-N-D-I.
And there's a couple different sizes there.
Now, these clearly are not as strong as a Vitamix, but they're portable, great for at the workplace, great for travel.
You know, you can use it in a hotel room or, you know, you can use it on the go.
You can use it, you know, traveling or in an RV or what have you.
And these can blend up, you know, bananas and all these different powders and the new oat milk powder that we have as well quite successfully.
And if you want to make my smoothie, it's really just put in like half an avocado and half of a big banana into the blendie with some of these other powders like, you know, cacao powder and whey protein powder, a little bit of turmeric powder, etc. And then you're going to get a smoothie really close to what I drink every single day.
So that's how you do it.
And we've got these products and so much more available at healthrangerstore.com, where every purchase helps support our network and our effort to bring you technologies and solutions and knowledge for human empowerment, life, liberty, and happiness.
So thank you for your support for shopping at healthrangerstore.com.