In this episode of The Bitcoin Podcast, Walker America interviews Rockstar Dev at the Bitcoin conference in Las Vegas, discussing Bitcoin adoption, the use of Bitcoin in everyday transactions, Jack Dorsey's SQUARE enabling Bitcoin payments, the federal reserve, shitcoin scammers, and the broader implications of Bitcoin on society and the economy.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
We are getting to the point where our society is so complex that we cannot allow people to be like,
(00:07):
oh, central bankers, please make a decision on monetary policy, but do not enrich yourself.
They're like, no, no, we won't do it. Pinky promise.
Yeah.
You will not print a trillion dollars.
Unless we have to. And we always have to.
Well, that's the insane thing.
Man, it's funny to me that people look at Bitcoin still and they're like, well, that's crazy.
(00:27):
What do you mean no one's in charge?
But it's like once you go down the Bitcoin rabbit hole a bit, you look at the fiat system and you say, that's crazy.
Why are people in charge of the price of money?
Why are these 12 dudes setting the price of money?
And they're like academics, you know, in nice suits.
They have this reputation of being knowledgeable.
They're economists.
Yes.
Yes.
Not like you and me.
(00:48):
We're a bunch of internet trolls.
Degenerates.
Yeah, we don't understand it.
It's above our heads, Walker.
We don't have the necessary degrees to understand it.
The Federal Reserve employs some insanely high number of economists.
Important work.
All that they do, it's not like they employ all these different economists
and they all debate and disagree with each other.
They just get as many economists as they can so that they can all agree,
(01:10):
and they're like, well, we've got consensus.
Cancer, man.
Every economist that works for us says we need to print more money.
So, I mean, I guess we'll just print more money.
God bless those people, but you become part of the cancer on society.
Greetings and salutations, my fellow plebs. My name is Walker and this is the Bitcoin Podcast.
(01:35):
Bitcoin continues to create new blocks every 10 minutes and the value of one Bitcoin is still one
Bitcoin. And if you are listening to this right now, remember, you are still early.
I am back from the Bitcoin conference in Las Vegas. And as you can hear, my voice is still
pretty rough from having way too good of a time, but I do just want to give a quick shout out to
(01:57):
everybody who took the time to come up to me and say that you love the Bitcoin podcast or
you enjoyed my narration of Lawrence Lepard's book, The Big Print. It honestly means a lot to
hear your feedback and I truly appreciate all of you supporting this show. Seriously, thank you.
If you find this show valuable and want to support it with some sats, quick reminder that you can do
(02:17):
so on Fountain App by boosting the show or becoming a paid subscriber. Or feel free to zap on Noster
or don't. Bitcoin doesn't care. This episode was a live stream with my uncle Rockstar at the
Rocksome booth in Vegas. And I want to give a shout out to the Rocksome crew for letting me
use their setup so I didn't have to bring all of my gear to Vegas. As usual with my uncle Rockstar,
(02:39):
it was a great rip. My only complaint is that it was far too short, so I'll have to have him back
on the show again for a longer rip in the near future. All right, that is enough from me. Without
further ado, let's get into this Bitcoin talk with Rockstar Dev.
(03:00):
Rockstar developer, my uncle. I am Walker America. Both of those are our real names.
And here we are. Here we are at the Bitcoin conference. We're in beautiful Las Vegas,
Nevada, Sin City.
What a time to be alive.
How are you, my uncle?
Crazy, man.
You see that we just actually just looked at Dorsey, tweeted out that now on square terminals
(03:26):
you can accept Bitcoin.
And this is what I've been working on, man.
Now this card of mine that has...
Yeah, show the camera maybe so they can see how awesome this is.
So that has laser eyes, right?
Incredible.
I can actually go to the terminal and pay with this.
Isn't that crazy?
Like with this Bitcoin, I just go and like tap to pay.
(03:49):
Here's what I love about this, because I feel like there's this ongoing narrative,
or I shouldn't say narrative, maybe argument about, oh, you know, never sell your Bitcoin
or, you know, you don't actually need to use Bitcoin as money because using it as a store
of value is good enough.
You obviously have a different opinion on the matter and are actively working on things
that make it very easy to use as money.
(04:10):
as easy as using your card.
So can we talk about this?
First of all, what is this card for people who don't know?
I also want to talk it from a perspective I understand.
Yeah.
Not everyone is an altruistic idiot like myself, right?
So you spend years developing false software
while you could have just, you know, amassed Bitcoin,
(04:30):
didn't do anything, you're up in profits, that's it.
But the thing is, when people say,
don't spend your Bitcoin, spend fiat,
But actually, I see the technical way of how to do that.
Because you can't keep your Bitcoin now.
We're getting to the point where you can literally borrow against it infinitely.
(04:54):
And as you're doing that, you have dollar balances backed by Bitcoin.
And then you can use cards like this that are essentially just authentication key that sends a signal to server.
transmit this much, like pay this lightning invoice authorized.
And that's all that this is.
(05:15):
What I love about the situation now is now that Square rolls this out.
Man, you have a lightning node running.
Yep.
You tie it to both cards.
You're paying from your lightning node to Square.
Isn't it insane?
It's incredible.
I don't even want to get in the whole KYC, no KYC.
I think I spoke with Sailor about his Bolt card that's coming at the conference.
(05:42):
So it will be at the official conference store releasing tomorrow morning.
I'll see if Michael can get his card and use it to pay with Bitcoin.
And we can set it up so he's spending dollars actually.
So all good, Michael.
I mean, if he's not spending his Bitcoin, maybe presumably he's good with it.
(06:05):
Well, I mean, he's spending Coinbase's Bitcoin, right?
There we go.
Yeah, but to me, man, that's okay.
If you want to have a custodian and you want someone to be responsible, someone who can pressure, okay, that's a bank.
But you can come, tap to pay, done.
I love these cards because I think one of the things that was always hard for people when it comes to understanding Bitcoin,
(06:31):
like I was just talking to somebody on the flight here to Vegas.
Nice gal was coming in for a Kenny Chesney concert.
And she works as like a financial advisor, actually, and started chatting up Carl and I.
And she said, you know, some of my clients have asked me about Bitcoin.
I don't know.
Like, I don't understand it.
You know, whatever.
And she's like, you know, because you can't touch it.
(06:52):
It's not like physical, which I always think is such a weird thing for people to say.
Because first of all, it's like, okay, you've got cash on you or are you using a credit card or a debit card?
Debit card, credit card, okay.
So like where is that?
You can't touch that either.
It's just like you just have this physical card, but that makes them think it's physical,
even though there's nothing physical about it.
(07:13):
This is kind of like I feel like bridges that gap where people then feel, oh, now look, I can touch the Bitcoin.
You know, like the Bitcoins are in the card.
It makes a difference for people.
It really does.
And it's way cooler with laser eyes and experience.
It's so sick.
I spoke with Odell about this.
And I think now that we will be moving from, you like, get your wallet out, scan to pay, pull the, we move to this, tap to pay.
(07:42):
I think the ultimate frontier is you get this into the phone and then you tap and pay like with Apple Pay.
And behind all of that is Bitcoin settlement layer.
So excited because it took us time, man.
When you look at mainstream media, they were calling us out that, look at that, that it's a Bitcoin conference, but you can't pay with Bitcoin.
(08:06):
It's on chain.
It's 10 minutes.
It's this and that.
Sure, but we worked on the technology for the last five, six, seven, eight years, bringing up Lightning Network, and now it's ready.
Now it's literally you have Square, like a company that's tens of billions of dollars worth, rolling out like,
(08:27):
hey, you remember, you see this that we have at BTC Pay, open source tab to pay, now we have it as well.
And it's beautiful, man, to see it.
That Square announcement is honestly huge because that's something that is used by so many small businesses,
especially small merchants, individuals who aren't running some big enterprise
and maybe couldn't pay for whatever expensive POS software and hardware terminals were out there.
(08:53):
And Square filled a definite need for them.
Now they're coming in and across all of the...
I don't know how many merchant users they have, but it's an insane number.
Now anyone can pay with Bitcoin at those.
And I feel like that just breaks down so many walls that were up there before.
It was really easy to say, well, okay, the classic argument,
(09:14):
if Bitcoin's money, then why can't we spend it anywhere?
And speaking of people who say that, I see Peter Schiff walking by right now.
Maybe he'll stop in.
We'll see.
Gold is old, Peter.
Gold is old.
No, no, he's ignoring it.
He's a man on a mission.
Yeah.
A very cool shirt, though.
A very cool shirt.
I'll give him that.
But, you know, it takes away those arguments where you say, well, why can't I spend it anywhere?
(09:37):
And it's like, now you can spend it anywhere.
And one thing, all of these merchants are now stacking sets, right?
As you're like a mom and pop shop that's moving to Bitcoin standard,
and suddenly your purchasing power is increasing over the time.
It's no longer, we say like Bitcoin is not a get quick rich scheme.
(10:00):
It's don't get poor slowly scheme.
Exactly.
And Sailor has that.
The people that use fiat currencies as money, we call them poor.
It's just you're deluded every day, man.
It is a great quote, yeah.
And made into a really banger house track, too, as well.
Oh, a remix.
It's a great sample.
(10:20):
A remix.
We need to add this to the video.
Yeah, absolutely.
So now you've got the ability to use these cards.
Can you give the high-level technical of how that actually works?
This is a Bolt Card?
Who cares?
You mean like two developers out of everyone?
Screw it.
I'll tell it.
The point is it works.
(10:42):
Yeah, but anyone that wants to replicate this setup, install BTC Pay Server.
Nicholas Dorier Emperor Nicholas who founded BTC Pay Server he created this Bolt Card Bank plugin So if you want to onboard your family on Bitcoin standard you get these Bolt Cards You give everyone allowance like this card is 20 sats or 20 Bitcoins
(11:10):
We won't know soon, Walker.
Oh, God.
Like rename Satoshis.
We might have to get into that a little bit.
Yeah, yeah.
But the thing is, you get like five of these cards.
You have five members of your family.
Go.
Go buy Steak and Shake.
debt to pay Bitcoin standard and we get corporations to stack sets as well and I'm
(11:31):
telling man this as pump says rocket ship is is leaving man it's this time yeah for real it's
actually I want to sidebar quick to the steak and shake thing because I think this is honestly
like like first of all it's cool um I I enjoy steak and shake I enjoyed them even more when they
put tallow instead of every like incredible incredible and then now they have integrated
(11:57):
bitcoin where you can like I literally went and I bought a burger and fries and actually I got a
frisco melt frisco melt kind of guy yeah and fries and a shake you know and everything and I paid in
bitcoin and it was easy and it's kind of incredible like it's an incredible marketing tactic for them
as well because they get so much free advertising now from all this toxic psychopaths on the internet
(12:18):
who are like, this is really cool.
I just went and bought Steak and Shake with Bitcoin.
This is a huge franchise nationwide.
I mean, do you think we start to see more of this?
Like, the tools have gotten better now.
The tools have gotten way better, even than a couple of years ago.
I haven't been in as long as you, but like, I've seen this progression and it's amazing.
Do you think we start to see more of businesses do this?
(12:39):
I think we're at the, you know, that critical point, critical juncture.
It's literally like this conference, man.
Now, the Square has announced.
I think that's it because you know you know how it is you've been in bitcoin but you say like maybe
not as long as me but you're getting yeah a few years now yeah you had the whole oh you're crypto
couple you're not bitcoin couple everyone hating and when we met at beefsteak josh's beefsteak
(13:04):
I think I told you the same thing actually but but I like then get telling everyone like hey it takes
time yeah because everyone just people look at this video they say like what is this masked guy
doing but then they research they're like oh oh like these guys they're like somehow improving
their lives and getting wealthier as they do it like i want that i want that for me i want that
(13:31):
for my family and i'm telling you when we were memeing this like i remember bitstein uh doing
the whole fix the money, fix the world.
They're like, yeah, right.
How will you fix it?
And we're like, we will fix it.
We'll fix the money with Bitcoin.
We'll fix the world.
They're like, yeah, right.
A bunch of freaks online, like geeks.
(13:51):
But now people are like, oh, they're actually doing it.
They're fixing money.
It's fixing food supply.
The seed oils.
Poison.
It's just you get all the bloating, mitochondria.
You know probably better than me.
I just...
Stuffing yourself full of an industrial lubricant, basically, that was packaged as somehow a food.
(14:12):
I watched, yeah, your videos.
I, like, followed your post, and I'm like, okay, let me try not to eat, like, seed oils.
Then I'm like, oh, actually, I feel, you know, less, like, bloated and all of that.
Like, it's almost like you're having an infection, man.
Like, I don't know how to explain it.
It's a fiat infection, really.
(14:34):
It's like something that's totally avoidable and should never have happened, but somehow because of this fiat system that we live in where everything needs to, you know, you got to hide the inflation by making stuff shittier.
Like your metabolism slows down.
Yeah, it's like, it's amazing.
It is.
A company do that, though, to say, no, no, no seed oils anymore.
(14:55):
Like, we're not going to poison our customers.
That's great.
More of that, please.
I understand the way that started.
We were on fiat standard.
Everything is getting faster.
They're like, oh, we can save 10 cents if we use this oil.
Now they're coming to senses.
They're like, well, we can save 10 cents right now,
but this person is going to get progressively sicker as it's getting full of seed oils.
(15:19):
Not even seed oils, but all those extra chemicals they're adding to food to last longer.
No, improve the technology.
There is no reason for you to put preservative in a meat.
improve. Do you want your customers to die younger? Because then they won't be your customers
anymore. It's going to cost you more to acquire new ones. It's crazy, man. It's just, okay,
(15:40):
improve the food supply chain logistics, get the fresh burgers in, grill them, eat. But we're
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i think that now that it's kind of interesting so where we're at in like this particular cycle i
(19:14):
again i haven't been around for a lot of cycles you know this is kind of like first time seeing
these things happen but this is a very interesting cycle it appears from from what i've seen where
you have like the institutions are actually here it's not like the institutions are coming it's
like no the institutions are here and they are gobbling up sats at the same time from what i've
seen retail you know quote retail is actually not so much here yet and i don't know what it takes if
(19:40):
if bitcoin's been too boring you know bouncing around above a hundred thousand cuck bucks somehow
that's boring but apparently it's too boring for most people to pay attention yet i mean man i think
it is partly uh the fact that everyone is getting robbed is a you see even the dips in stock market
and it's like, hey, people, buy the dip.
And they're like, with what?
(20:01):
My credit cards are maxed out.
But that's exactly the system is rigged.
Once you get to a million dollars, okay,
you're coasting on 10% of inflation, that money printer,
like you're becoming insider.
Hello, Warren Buffett, you know, rat poison.
(20:22):
I get it like those people are invested in that system.
And that system got us to a point.
I don't want to be fiat system was 100% bad.
It wasn't actually.
Like it brought us ability to settle much faster, like technical innovations.
Like we have the whole internet revolution.
(20:42):
But we are getting to the point where our society is so complex that we cannot allow people to be like, oh, central bankers.
please make a decision on monetary policy but do not enrich yourself they're like no no we won't do
it like pinky promise yeah like you will not print a trillion dollars right unless we have to
(21:06):
and and we always have to well that's that's the insane thing like man it's it's funny to me that
people look at bitcoin still and they're like well that's that's crazy what do you mean no one's in
charge but it's like once you go down the bitcoin rabbit hole but you look at the fiat system and
You say, that's crazy.
Why are people in charge of the price of money?
Why are these 12 dudes setting the price of money?
(21:28):
And they're like academics, you know, in nice suits.
They have this reputation of being knowledgeable.
They're economists.
Yes.
Not like you and me.
We're a bunch of Internet trolls.
Degenerates.
Yeah, we don't understand it.
It's above our heads, Walker.
We don't have the necessary degrees to understand it.
And then that's the – this is a total sidebar.
(21:49):
but the Federal Reserve employs some insanely high number of economists Important work All that they do it not like they employ all these different economists and they all debate and disagree with each other They just get as many economists as they can so that they can all agree and they like well we got consensus
0Cancer, man. 351 00:22:05,1000 --> 00:22:08,840 Every economist that works for us says that we need to print more money.
So, I mean, I guess we'll just print more money.
(22:11):
God bless those people, but you become part of the cancer on society.
And maybe I'm too harsh, but yeah, imagine like you, listen, you got to go to work.
0You got to provide for your family.
But at this point, you got to be like, okay, I'm part of the system. 357 00:22:29,1000 --> 00:22:30,640 That's wrong.
(22:31):
It's just, it's wrong.
Because when you're part also big companies, not even Fed, but big companies,
and you're like doing those meetings and everyone is smiling
0and you're like pushing the envelope, you know you can do better. 362 00:22:47,1000 --> 00:22:53,180 And these people, like printing money, then distributing it around the world,
(22:53):
to NGOs, Soros, Bill Gates. 364 00:22:56,1000 --> 00:22:59,680 Bill Gates, he's going to fix everything.
We just need to trust him, man.
But no, it's just the system is bad. 367 00:23:04,1000 --> 00:23:07,420 I wish Bill Gates, man, would be just like,
okay, everyone is yelling at me.
I must be doing something wrong.
But these psychopaths, they're like,
(23:15):
everyone is yelling at me.
I misunderstood.
They just don't get it.
I need to help the pourers out there.
They're just too stupid to understand.
What I'm doing is really for their best interest because they don't know any better.
They don't know.
Little simpletons.
Yeah.
It's a very condescending attitude that is perpetuated by some of these guys that are at the very tippy top.
(23:40):
I think it's a corruption, man.
It's just your brain becomes corrupted into thinking you're going to save.
Yeah.
Like, I'm going to save the world.
Yes.
Yeah.
And then, well, luckily, we have Bitcoin.
So you just stay humble, stack sets.
Now, if you're a square merchant, we want you in Bitcoin.
Enable Bitcoin payments, stack sets, and let the fiat system show its way out.
(24:06):
Because, man, I also love that politicians are now simping.
So we can do more like this, not serious interviews.
We just have fun while they do all the serious talk, Bitcoin.
You know, it's kind of funny.
I think sometimes Bitcoiners forget that we're at this stage right now where we don't have to suck up to politicians.
The politicians are trying to suck up to us.
(24:29):
They're also realizing that Bitcoiners are this growing cohort that has a growing amount of wealth.
First, we're also incredible memers.
So they need our memetic energy as well as our economic energy.
And me and Walker, we have zero Bitcoin.
I lost all of mine gambling.
We're here in Las Vegas.
Yes, yeah.
It's very sad.
I'm going to have to start from scratch, but I'll build up sat by sat, you know.
(24:52):
Yeah.
Yeah, step by step.
But no, we're at, like, politicians are at the Bitcoin conference.
Again, it's been multiple years in a row, and they are actively trying to say, like,
why am I a politician that is pro-Bitcoin?
They're fighting over themselves to prove who is more pro-Bitcoin, who has, you know,
and it's Republicans and Democrats both.
Maybe more Republicans now, but, like, the Democrats are catching on.
(25:14):
They're catching up because you saw last year at the Bitcoin conference how much money was raised for Trump by Bitcoin.
And I posted back then.
It's just I posted and people were like, oh, you know, this not serious person.
But I said, like, if you're a politician, if you're a politician, support Bitcoin and you will be supported to win.
(25:38):
and if you go against bitcoin you will lose and i tell to people trump won because of bitcoin
or they say like crypto vote they always try to get in the shit corners but the thing is if people
don't believe that trump won because of bitcoin even those people believe that kamala lost because
(26:01):
of Bitcoin, because of Operation Chokepoint, because they alienated the whole industry,
that then 95% went Trump donations.
The only one that chose the wrong side were Ripple.
And now they're coming and they're like, please take us in.
We're like, we want to help.
But even then, they're like, yeah.
(26:23):
Wait, did you see the thing?
This was actually hilarious.
that Brad Garlinghouse, you know, chief executive shitcoiner of Ripple.
We love you, Brad.
You're such a meme.
Yeah, you are hilarious.
But he posted, like, oh, I tried to meet with Senator Lummis,
but she declined my meeting and, like, won't answer my calls and refuses to meet with me.
(26:46):
And I'm like, that's right.
That's amazing, though, that even the toxic maximalism is bleeding into politics.
Politicians are realizing, at least some of them.
Don't have time to deal with scammers.
Like, come on, man.
Like, stop doing that stuff.
Like, we don't meet?
Okay, do better.
But no, he goes online and cries trying to throw a senator on their butt.
(27:10):
Like, come on.
Okay, will she meet with you now?
Yeah, definitely not.
Like, never.
And you look very weak. 449 00:27:17,1000 --> 00:27:19,020 I'll see you there.
I'll see you there.
Oh, man.
It is incredible to see this vibe shift.
Even with the strategic Bitcoin reserve, this idea, it's contentious. 454 00:27:28,1000 --> 00:27:33,880 I think that I'm of the opinion that this was an inevitable result of Bitcoin succeeding.
(27:34):
Of course governments will want to hold it.
This is not me saying I approve or disapprove.
I'm just saying I think this was inevitable, right?
Better system.
Of course.
Why, if Bitcoin is the best money, why wouldn't governments and corporations want to hold it?
They'd be stupid not to.
So that said, I think it's very interesting that a lot of this toxic maximalism has actually bled into the regulations or the executive orders that came out.
(27:58):
Yeah, we're going to hold the Bitcoin we have, not sell it, and try to acquire more.
This is what the executive order said.
In terms of the crypto, the digital asset stockpile, the non-Bitcoin, we will probably sell it and we're not going to acquire more.
Like it's two completely diametrically opposed treatments of these things.
and it's like as far as like from a maximalist perspective it's like amazing you know but then
(28:23):
again the president also launched a shit coin so okay but that's the thing is i wish around that
trump had better advisors and had his own because your reputation is just not worth it in the long
run like two things safety with his work the amazing work that shows that hardest money always
(28:45):
wins like there is no oh this will be number one money number two three four like 15 it's like you
always want to be holding the hardest money so and then you you held gold gold was the hardest
money the best technology that was available to us great did silver people come in they're like
(29:05):
silver is better it's like no it's not and you can argue with those people however that is the same
that same situation.
You have Bitcoin and you have silver people.
These shitcoiners, they're silver people, gold people.
Understand this.
So hardest money always wins.
(29:27):
And number two, toxic Bitcoin maximalists.
The term was coined by Vitalik Buterin,
who has a derogatory term to show all these crazy people
that are not reasonable.
They're too stupid to understand my technical genius.
10 years have passed, right?
(29:48):
Since Ethereum, more than 10, since Ethereum was out.
Last month, Vitalik comes and says,
hey, we should be more like Bitcoin.
Dude, we've been telling you for 10 years,
you took so many people in the wrong direction.
You made a bunch of money.
Great, great for you.
(30:09):
You know, you and your insiders, you keep dumping on retail.
Great.
But, you know, the whole thing.
And American HODL has the way better video.
He's a toxic maximalist.
They cry.
Sure.
I mean, the best thing about Bitcoin is you believe in it.
You hold it.
You don't need anyone else.
(30:30):
When people start asking you, you answer questions.
when you do, when someone asks you five times,
you play Walker's video of Sailor.
And that's it.
It's just like focus on yourself.
Focus on your loved ones, people that you care about.
You know, someone asked me about Bitcoin.
(30:50):
I'm like, it's a scam.
Don't buy it.
I called Walker.
We talked.
So, yeah, have fun.
Sidebar, did you hear that American Otoll is running for president of the United States?
This is just what I hear.
This is the word on the street.
I don't know.
Oh.
I don't know.
Listen, I don't vote, but if he truly, like, gets some tickets, I would vote.
(31:14):
I hear it's the American Hotel Eric Kaysen ticket.
That's what I'm hearing.
Oh, my God.
I'm like, I'm voting definitely.
It's the most based ticket of all time.
I mean.
That's what I hear.
Listen, Eric is just special.
He is a master shaman.
That's how I address him.
And then he is because he's unapologetically himself.
(31:36):
I think he also carries a little bit of guilt because he's like, why me?
Why did Bitcoin pick me with all this burden and like got me to the point where I'm set and I can just focus on philosophy?
And I think he's trying to deliver.
But, man.
I think he's going to make a great vice president.
(31:57):
You know, really great.
I don't vote, but I would vote for that ticket.
So, HODL, Kaysen, you have my vote.
I can't believe I will be voting, man.
I'll be getting all those scammy, like, oh, you need to be part of the jury thing.
Oh, man, that's how they get you.
It is a trap, yes.
So, I would sacrifice myself that much for you, too, if you go on ticket.
(32:18):
You heard it here first, the American HODL Eric Kaysen ticket.
Also, I do still say HODL.
We don't have to get into that now.
But I should pronounce American HODL's name as he pronounces it.
0That's what he identifies as, as an American hodl.
What are his pronouns?
Yeah, I think his pronouns are American and hodl.
(32:40):
6.15.
Yeah.
You know, that turned out to be pretty darn good advice.
Yeah.
I mean, that guy can meme.
The funniest thing is when girls started approaching me at the conferences and they like do you have 6 I like I didn understand It took me like three months to figure it out So stop doing that girls Don approach that
(33:05):
Oh, man.
You know, it's amazing.
I mean, we're at this point where, again, I haven't been in Bitcoin that long.
It's a few years now, which is cool.
Time flies, but I don't know.
When you're having fun.
Yeah, but the other thing is it still feels early, I think, to those of us who are in the space watching this happen.
(33:28):
But to people who are maybe just hearing about Bitcoin because it starts pumping again,
they see the price tag and they start saying, oh, I must be late.
You know, I must be late.
And obviously a lot of them may not know that you can buy a fraction of a Bitcoin called a Satoshi.
Like you can buy a dollar's worth of Bitcoin or a couple cents worth of Bitcoin.
like that's that's amazing but they may not know that but i'm curious you know do you think like
(33:55):
are we going to have just another shit coin cycle because now the price of bitcoin is so high and
like does this just keep repeating itself forever like this is what i want to know
do shit coins eventually all die out or do shit coins just keep coming and scamming new people
over and over again forever forever forever that's so sad though yeah but that's why why money exists
It's a tool for truth because, you know, oh, Walker, we are buddies.
(34:22):
Do this for me.
You're like, okay.
I'm like, hey, Walker, we are buddies.
Do this for me.
You're like, okay.
Sorry, I just saw Tatum turn up.
Tatum, yeah.
He's like, hey, Walker, retweet this.
You're like, okay, man, like $5, $10.
Like, you switch the relationship to, it's like a lightning channel.
You've got to be settled.
(34:43):
I can't be the psychopath.
that's constantly demanding things for you.
And if I do that, I've got to pay you.
So money is a tool for truth when it's used well.
I love how popular you are, Uncle.
It's amazing.
You know, for a man who doesn't show his face,
everybody knows Uncle.
Yeah, but I'm telling you, man,
(35:04):
if there is a better coin,
we will all be in it until then.
We're good for 100 years.
Didn't you hear?
actually xrp is uh better than bitcoin so i guess i guess we're all switching over oh crazy it it is
it is ridiculous though i mean i guess like i guess in you know scammers are going to scam right
(35:26):
and that's why like that's why bitcoin education is also so important because if you get to people
like most people go through a little bit of a shit coining phase because they get distracted
by the bright lights yeah yeah and the flashy marketing and some jackass influencer who tells
them that you know xrp is going to a hundred dollars but no it's not no it's not like they're
they're dumping it on you like who you're buying it from ripple also and and they are just going
(35:48):
to keep dumping on you yeah but like eventually maybe a lot of us need to shit coin a little bit
and get burned before we go into bitcoin and say okay now i'm you know i'm all in i don't want to
get burned anymore i want to just save the value of my hard work i want to save my time and my
energy in something that can't be corrupted by some jackass crypto founder and a bunch of VCs.
(36:11):
I think you literally opened with a question. We went through the whole arc.
Don't buy Bitcoin. It's a scam. Buy whatever. And then after five years, you will be like,
oh, I wish. I actually listened to these guys. They actually had nothing to gain.
They only had to lose because less sets for them.
(36:32):
I know.
So, but speaking of stats, where do you sit on the stats versus bits versus just calling
stats Bitcoin debate?
Where are you out with this?
I like stats personally.
Man, I think people are, I see the whole thing that we need to rename stats into Bitcoins.
I see it as a very condescending.
It's like people are not smart enough.
(36:52):
People are amazing, man.
It's just, they're under so much pressure with this fiat high velocity trash economy.
you're like forced to run the hamster wheel.
People are smart when they just tell,
hey, there's one Bitcoin,
it's divisible in 100 million Satoshis.
That's it.
(37:13):
Boom, boom.
Dollar cents.
But there is also the thing is like
people that are in Bitcoin,
it's a status game.
You know, you become,
oh, I am the developer that merged PR into Bitcoin Core.
and this is where power corrupts because you want that status you want that influence
(37:34):
and maybe that's actually the biggest thing that i love about bitcoin it allows those people that
are not status seeking stack sets to do your thing so yeah i'm definitely team sats and i think
people that are renaming sats into bitcoins they'll be just like laughed maybe it even happens
(37:55):
On Square Terminals, they show like Bitcoins.
So you're buying for 20,000 Bitcoins.
Oh, they do?
Yeah, yeah, yeah, yeah.
Oh, boy, this is going to get confusing, isn't it?
So Jack Dorsey, you're wrong, but it's okay.
We still love you, man.
With all due respect, sir.
With all due respect, sir.
Odell is right.
Yeah, yeah.
Yeah.
No, it's like there will only be 2.1 quadrillion Bitcoins.
(38:20):
How many zeros are in quadrillion?
I don't even know.
A lot, a lot.
There will only be 21 million mega bitcoins.
A mega bitcoin does sound kind of cool, though.
I do kind of like that.
Like, I like that idea.
Ultra bitcoin.
Ultra bitcoin.
Ultra mega premier bitcoin.
And now we're shitcoining.
I know.
I know.
(38:40):
That's the problem.
Let's close it up.
Let's close it up.
Uncle has places to be.
Uncle has places to be.
Okay.
So, Uncle, if you had to leave people with something.
And thank you for joining, by the way.
I appreciate it.
I know you're running around.
And it's always good to get a therapy session with my uncle.
If you had to leave people with something, you know, for somebody who stumbles across this, who is new to Bitcoin,
(39:03):
maybe who sees this spectacle that we have here in Las Vegas and thinks like, what even are we dealing with here?
What do you say to that person who just feels overwhelmed and like, I don't even know where to start?
Subscribe to Walker's YouTube channel.
Oh, that's too kind.
No, we have the best influencers as well.
There is the whole joke that, oh, you're doing these faces.
(39:26):
Do them, man.
You're fighting the army of shitcoin influencers.
Any people that we manage to scam into Bitcoin, scam them into profits, they're saved.
So subscribe to your channel and watch Uncle's interview with Walker.
You don't like me, don't like him.
(39:46):
Find the voice in Bitcoin that speaks to you.
Or become that voice.
start your own Bitcoin podcast
why not?
we need more podcasts
but no, like Jack Mallers
he talks to a lot of people
listen to him
Seyfedin
Matt O'Dell
so find the voice that speaks to you
(40:08):
in Bitcoin
now even Trump is in Bitcoin
I don't know if that's a good voice to listen
but you know
don't buy his shitcoin
don't buy shitcoin
please don't
And when you have consumed enough materials, come join us at some Bitcoin event.
You know, the Bitcoin conference is, you know, too big, too crowded.
(40:30):
Come to Bitplot, boom.
Come to what's your favorite conference?
Boy, you know, honestly, I think perhaps the holds a special spot in my heart,
but Unconfiscatable was the first Bitcoin conference I went to back in 2022.
Yeah.
Yeah, shout out to Tone Vays, who brought us, Carl and I, there to host the Scammy Awards, which was amazing.
(40:50):
You did phenomenal.
We just got to shit all over shitcoiners.
It was incredible.
But it is great advice to come to a Bitcoin conference, meet people in person.
And who knows, if you're working in the fiat world and you're not feeling fulfilled there, there are a lot of Bitcoin companies now.
Sure.
And there are a lot of shitcoin companies, too.
(41:11):
But you can find a lot of pure Bitcoin companies.
There's somebody who would like to work with you.
There is Strike Booth right across us.
And if you really don't have anyone to come to, find UNCLE.
Come to UNCLE.
I will connect you.
And BTC Prague is next month.
So people in Europe, I'll be at BTC Prague.
You're coming or no?
I wish I could.
(41:32):
I wish I could.
I got to talk with Martin and Matias.
We got to have you.
We'll see.
Maybe we can make an impromptu trip.
He's a bigger star.
He was invited, but he was like, no, I can't come.
Rockstar is going.
Well, if you're going to be there.
Okay, we'll leave with this because we didn't mention it at all.
But people can find you on X.
(41:52):
But they can also find you on Noster.
Preferably Noster, yeah.
I think they can probably just go to, I'm guessing, primal.net slash rockstar.
Exactly.
If I had to guess.
Exactly.
You can find me there, primal.net slash walker.
There we go.
You can search for us, Rockstar Developer.
You can search for Walker America.
Find us out there on the interwebs.
And then I never know which camera to look at.
I'm such a bad streamer.
(42:12):
No, man, this is great.
I'm going to look at this one and just say, you know,
Bitcoin is scarce, but podcasts are abundant.
So thank you for spending your scarce time to listen to Uncle Rockstar and I
on this little impromptu Bitcoin podcast.
Uncle, thank you.
Let's go.
It's been a pleasure.
Let's go.
We should probably take one more selfie in our cool headsets while we're still on stream.
(42:33):
And a present for you.
Oh, amazing.
So we're going to pay with Bitcoin?
I love it.
I love it.
Let's go.
Let's pay with Bitcoin.
We're going to go pay with Bitcoin now, guys.
Thank you all for joining us.
I don't know who to give this headset to.
Do we just leave it here?
Cheers, guys.
(42:57):
And that's a wrap on this Bitcoin Talk episode of The Bitcoin Podcast.
Remember to subscribe to this podcast wherever you're watching or listening
and share it with your friends, family, and strangers on the internet.
Find me on Noster at primal.net slash Walker and this podcast at primal.net slash Titcoin.
(43:19):
On X, YouTube, and Rumble, just search at Walker America and find this podcast on X and Instagram
at Titcoin Podcast. Head to the show notes to grab sponsor links, head to substack.com
slash at Walker America to get episodes emailed to you and head to bitcoinpodcast.net for
everything else. Bitcoin is scarce, but podcasts are abundant. So thank you for spending your
(43:45):
scarce time listening to the Bitcoin podcast. Until next time, stay free.
We are getting to the point where our society is so complex that we cannot allow people to be like,
(00:07):
oh, central bankers, please make a decision on monetary policy, but do not enrich yourself.
They're like, no, no, we won't do it. Pinky promise.
Yeah.
You will not print a trillion dollars.
Unless we have to. And we always have to.
Well, that's the insane thing.
Man, it's funny to me that people look at Bitcoin still and they're like, well, that's crazy.
(00:27):
What do you mean no one's in charge?
But it's like once you go down the Bitcoin rabbit hole a bit, you look at the fiat system and you say, that's crazy.
Why are people in charge of the price of money?
Why are these 12 dudes setting the price of money?
And they're like academics, you know, in nice suits.
They have this reputation of being knowledgeable.
They're economists.
Yes.
Yes.
Not like you and me.
(00:48):
We're a bunch of internet trolls.
Degenerates.
Yeah, we don't understand it.
It's above our heads, Walker.
We don't have the necessary degrees to understand it.
The Federal Reserve employs some insanely high number of economists.
Important work.
All that they do, it's not like they employ all these different economists
and they all debate and disagree with each other.
They just get as many economists as they can so that they can all agree,
(01:10):
and they're like, well, we've got consensus.
Cancer, man.
Every economist that works for us says we need to print more money.
So, I mean, I guess we'll just print more money.
God bless those people, but you become part of the cancer on society.
Greetings and salutations, my fellow plebs. My name is Walker and this is the Bitcoin Podcast.
(01:35):
Bitcoin continues to create new blocks every 10 minutes and the value of one Bitcoin is still one
Bitcoin. And if you are listening to this right now, remember, you are still early.
I am back from the Bitcoin conference in Las Vegas. And as you can hear, my voice is still
pretty rough from having way too good of a time, but I do just want to give a quick shout out to
(01:57):
everybody who took the time to come up to me and say that you love the Bitcoin podcast or
you enjoyed my narration of Lawrence Lepard's book, The Big Print. It honestly means a lot to
hear your feedback and I truly appreciate all of you supporting this show. Seriously, thank you.
If you find this show valuable and want to support it with some sats, quick reminder that you can do
(02:17):
so on Fountain App by boosting the show or becoming a paid subscriber. Or feel free to zap on Noster
or don't. Bitcoin doesn't care. This episode was a live stream with my uncle Rockstar at the
Rocksome booth in Vegas. And I want to give a shout out to the Rocksome crew for letting me
use their setup so I didn't have to bring all of my gear to Vegas. As usual with my uncle Rockstar,
(02:39):
it was a great rip. My only complaint is that it was far too short, so I'll have to have him back
on the show again for a longer rip in the near future. All right, that is enough from me. Without
further ado, let's get into this Bitcoin talk with Rockstar Dev.
(03:00):
Rockstar developer, my uncle. I am Walker America. Both of those are our real names.
And here we are. Here we are at the Bitcoin conference. We're in beautiful Las Vegas,
Nevada, Sin City.
What a time to be alive.
How are you, my uncle?
Crazy, man.
You see that we just actually just looked at Dorsey, tweeted out that now on square terminals
(03:26):
you can accept Bitcoin.
And this is what I've been working on, man.
Now this card of mine that has...
Yeah, show the camera maybe so they can see how awesome this is.
So that has laser eyes, right?
Incredible.
I can actually go to the terminal and pay with this.
Isn't that crazy?
Like with this Bitcoin, I just go and like tap to pay.
(03:49):
Here's what I love about this, because I feel like there's this ongoing narrative,
or I shouldn't say narrative, maybe argument about, oh, you know, never sell your Bitcoin
or, you know, you don't actually need to use Bitcoin as money because using it as a store
of value is good enough.
You obviously have a different opinion on the matter and are actively working on things
that make it very easy to use as money.
(04:10):
as easy as using your card.
So can we talk about this?
First of all, what is this card for people who don't know?
I also want to talk it from a perspective I understand.
Yeah.
Not everyone is an altruistic idiot like myself, right?
So you spend years developing false software
while you could have just, you know, amassed Bitcoin,
(04:30):
didn't do anything, you're up in profits, that's it.
But the thing is, when people say,
don't spend your Bitcoin, spend fiat,
But actually, I see the technical way of how to do that.
Because you can't keep your Bitcoin now.
We're getting to the point where you can literally borrow against it infinitely.
(04:54):
And as you're doing that, you have dollar balances backed by Bitcoin.
And then you can use cards like this that are essentially just authentication key that sends a signal to server.
transmit this much, like pay this lightning invoice authorized.
And that's all that this is.
(05:15):
What I love about the situation now is now that Square rolls this out.
Man, you have a lightning node running.
Yep.
You tie it to both cards.
You're paying from your lightning node to Square.
Isn't it insane?
It's incredible.
I don't even want to get in the whole KYC, no KYC.
I think I spoke with Sailor about his Bolt card that's coming at the conference.
(05:42):
So it will be at the official conference store releasing tomorrow morning.
I'll see if Michael can get his card and use it to pay with Bitcoin.
And we can set it up so he's spending dollars actually.
So all good, Michael.
I mean, if he's not spending his Bitcoin, maybe presumably he's good with it.
(06:05):
Well, I mean, he's spending Coinbase's Bitcoin, right?
There we go.
Yeah, but to me, man, that's okay.
If you want to have a custodian and you want someone to be responsible, someone who can pressure, okay, that's a bank.
But you can come, tap to pay, done.
I love these cards because I think one of the things that was always hard for people when it comes to understanding Bitcoin,
(06:31):
like I was just talking to somebody on the flight here to Vegas.
Nice gal was coming in for a Kenny Chesney concert.
And she works as like a financial advisor, actually, and started chatting up Carl and I.
And she said, you know, some of my clients have asked me about Bitcoin.
I don't know.
Like, I don't understand it.
You know, whatever.
And she's like, you know, because you can't touch it.
(06:52):
It's not like physical, which I always think is such a weird thing for people to say.
Because first of all, it's like, okay, you've got cash on you or are you using a credit card or a debit card?
Debit card, credit card, okay.
So like where is that?
You can't touch that either.
It's just like you just have this physical card, but that makes them think it's physical,
even though there's nothing physical about it.
(07:13):
This is kind of like I feel like bridges that gap where people then feel, oh, now look, I can touch the Bitcoin.
You know, like the Bitcoins are in the card.
It makes a difference for people.
It really does.
And it's way cooler with laser eyes and experience.
It's so sick.
I spoke with Odell about this.
And I think now that we will be moving from, you like, get your wallet out, scan to pay, pull the, we move to this, tap to pay.
(07:42):
I think the ultimate frontier is you get this into the phone and then you tap and pay like with Apple Pay.
And behind all of that is Bitcoin settlement layer.
So excited because it took us time, man.
When you look at mainstream media, they were calling us out that, look at that, that it's a Bitcoin conference, but you can't pay with Bitcoin.
(08:06):
It's on chain.
It's 10 minutes.
It's this and that.
Sure, but we worked on the technology for the last five, six, seven, eight years, bringing up Lightning Network, and now it's ready.
Now it's literally you have Square, like a company that's tens of billions of dollars worth, rolling out like,
(08:27):
hey, you remember, you see this that we have at BTC Pay, open source tab to pay, now we have it as well.
And it's beautiful, man, to see it.
That Square announcement is honestly huge because that's something that is used by so many small businesses,
especially small merchants, individuals who aren't running some big enterprise
and maybe couldn't pay for whatever expensive POS software and hardware terminals were out there.
(08:53):
And Square filled a definite need for them.
Now they're coming in and across all of the...
I don't know how many merchant users they have, but it's an insane number.
Now anyone can pay with Bitcoin at those.
And I feel like that just breaks down so many walls that were up there before.
It was really easy to say, well, okay, the classic argument,
(09:14):
if Bitcoin's money, then why can't we spend it anywhere?
And speaking of people who say that, I see Peter Schiff walking by right now.
Maybe he'll stop in.
We'll see.
Gold is old, Peter.
Gold is old.
No, no, he's ignoring it.
He's a man on a mission.
Yeah.
A very cool shirt, though.
A very cool shirt.
I'll give him that.
But, you know, it takes away those arguments where you say, well, why can't I spend it anywhere?
(09:37):
And it's like, now you can spend it anywhere.
And one thing, all of these merchants are now stacking sets, right?
As you're like a mom and pop shop that's moving to Bitcoin standard,
and suddenly your purchasing power is increasing over the time.
It's no longer, we say like Bitcoin is not a get quick rich scheme.
(10:00):
It's don't get poor slowly scheme.
Exactly.
And Sailor has that.
The people that use fiat currencies as money, we call them poor.
It's just you're deluded every day, man.
It is a great quote, yeah.
And made into a really banger house track, too, as well.
Oh, a remix.
It's a great sample.
(10:20):
A remix.
We need to add this to the video.
Yeah, absolutely.
So now you've got the ability to use these cards.
Can you give the high-level technical of how that actually works?
This is a Bolt Card?
Who cares?
You mean like two developers out of everyone?
Screw it.
I'll tell it.
The point is it works.
(10:42):
Yeah, but anyone that wants to replicate this setup, install BTC Pay Server.
Nicholas Dorier Emperor Nicholas who founded BTC Pay Server he created this Bolt Card Bank plugin So if you want to onboard your family on Bitcoin standard you get these Bolt Cards You give everyone allowance like this card is 20 sats or 20 Bitcoins
(11:10):
We won't know soon, Walker.
Oh, God.
Like rename Satoshis.
We might have to get into that a little bit.
Yeah, yeah.
But the thing is, you get like five of these cards.
You have five members of your family.
Go.
Go buy Steak and Shake.
debt to pay Bitcoin standard and we get corporations to stack sets as well and I'm
(11:31):
telling man this as pump says rocket ship is is leaving man it's this time yeah for real it's
actually I want to sidebar quick to the steak and shake thing because I think this is honestly
like like first of all it's cool um I I enjoy steak and shake I enjoyed them even more when they
put tallow instead of every like incredible incredible and then now they have integrated
(11:57):
bitcoin where you can like I literally went and I bought a burger and fries and actually I got a
frisco melt frisco melt kind of guy yeah and fries and a shake you know and everything and I paid in
bitcoin and it was easy and it's kind of incredible like it's an incredible marketing tactic for them
as well because they get so much free advertising now from all this toxic psychopaths on the internet
(12:18):
who are like, this is really cool.
I just went and bought Steak and Shake with Bitcoin.
This is a huge franchise nationwide.
I mean, do you think we start to see more of this?
Like, the tools have gotten better now.
The tools have gotten way better, even than a couple of years ago.
I haven't been in as long as you, but like, I've seen this progression and it's amazing.
Do you think we start to see more of businesses do this?
(12:39):
I think we're at the, you know, that critical point, critical juncture.
It's literally like this conference, man.
Now, the Square has announced.
I think that's it because you know you know how it is you've been in bitcoin but you say like maybe
not as long as me but you're getting yeah a few years now yeah you had the whole oh you're crypto
couple you're not bitcoin couple everyone hating and when we met at beefsteak josh's beefsteak
(13:04):
I think I told you the same thing actually but but I like then get telling everyone like hey it takes
time yeah because everyone just people look at this video they say like what is this masked guy
doing but then they research they're like oh oh like these guys they're like somehow improving
their lives and getting wealthier as they do it like i want that i want that for me i want that
(13:31):
for my family and i'm telling you when we were memeing this like i remember bitstein uh doing
the whole fix the money, fix the world.
They're like, yeah, right.
How will you fix it?
And we're like, we will fix it.
We'll fix the money with Bitcoin.
We'll fix the world.
They're like, yeah, right.
A bunch of freaks online, like geeks.
(13:51):
But now people are like, oh, they're actually doing it.
They're fixing money.
It's fixing food supply.
The seed oils.
Poison.
It's just you get all the bloating, mitochondria.
You know probably better than me.
I just...
Stuffing yourself full of an industrial lubricant, basically, that was packaged as somehow a food.
(14:12):
I watched, yeah, your videos.
I, like, followed your post, and I'm like, okay, let me try not to eat, like, seed oils.
Then I'm like, oh, actually, I feel, you know, less, like, bloated and all of that.
Like, it's almost like you're having an infection, man.
Like, I don't know how to explain it.
It's a fiat infection, really.
(14:34):
It's like something that's totally avoidable and should never have happened, but somehow because of this fiat system that we live in where everything needs to, you know, you got to hide the inflation by making stuff shittier.
Like your metabolism slows down.
Yeah, it's like, it's amazing.
It is.
A company do that, though, to say, no, no, no seed oils anymore.
(14:55):
Like, we're not going to poison our customers.
That's great.
More of that, please.
I understand the way that started.
We were on fiat standard.
Everything is getting faster.
They're like, oh, we can save 10 cents if we use this oil.
Now they're coming to senses.
They're like, well, we can save 10 cents right now,
but this person is going to get progressively sicker as it's getting full of seed oils.
(15:19):
Not even seed oils, but all those extra chemicals they're adding to food to last longer.
No, improve the technology.
There is no reason for you to put preservative in a meat.
improve. Do you want your customers to die younger? Because then they won't be your customers
anymore. It's going to cost you more to acquire new ones. It's crazy, man. It's just, okay,
(15:40):
improve the food supply chain logistics, get the fresh burgers in, grill them, eat. But we're
getting there, man. I'm telling you, they thought we were crazy, but it is. Fix the money, fix the
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i think that now that it's kind of interesting so where we're at in like this particular cycle i
(19:14):
again i haven't been around for a lot of cycles you know this is kind of like first time seeing
these things happen but this is a very interesting cycle it appears from from what i've seen where
you have like the institutions are actually here it's not like the institutions are coming it's
like no the institutions are here and they are gobbling up sats at the same time from what i've
seen retail you know quote retail is actually not so much here yet and i don't know what it takes if
(19:40):
if bitcoin's been too boring you know bouncing around above a hundred thousand cuck bucks somehow
that's boring but apparently it's too boring for most people to pay attention yet i mean man i think
it is partly uh the fact that everyone is getting robbed is a you see even the dips in stock market
and it's like, hey, people, buy the dip.
And they're like, with what?
(20:01):
My credit cards are maxed out.
But that's exactly the system is rigged.
Once you get to a million dollars, okay,
you're coasting on 10% of inflation, that money printer,
like you're becoming insider.
Hello, Warren Buffett, you know, rat poison.
(20:22):
I get it like those people are invested in that system.
And that system got us to a point.
I don't want to be fiat system was 100% bad.
It wasn't actually.
Like it brought us ability to settle much faster, like technical innovations.
Like we have the whole internet revolution.
(20:42):
But we are getting to the point where our society is so complex that we cannot allow people to be like, oh, central bankers.
please make a decision on monetary policy but do not enrich yourself they're like no no we won't do
it like pinky promise yeah like you will not print a trillion dollars right unless we have to
(21:06):
and and we always have to well that's that's the insane thing like man it's it's funny to me that
people look at bitcoin still and they're like well that's that's crazy what do you mean no one's in
charge but it's like once you go down the bitcoin rabbit hole but you look at the fiat system and
You say, that's crazy.
Why are people in charge of the price of money?
Why are these 12 dudes setting the price of money?
(21:28):
And they're like academics, you know, in nice suits.
They have this reputation of being knowledgeable.
They're economists.
Yes.
Not like you and me.
We're a bunch of Internet trolls.
Degenerates.
Yeah, we don't understand it.
It's above our heads, Walker.
We don't have the necessary degrees to understand it.
And then that's the – this is a total sidebar.
(21:49):
but the Federal Reserve employs some insanely high number of economists Important work All that they do it not like they employ all these different economists and they all debate and disagree with each other They just get as many economists as they can so that they can all agree and they like well we got consensus
0Cancer, man. 351 00:22:05,1000 --> 00:22:08,840 Every economist that works for us says that we need to print more money.
So, I mean, I guess we'll just print more money.
(22:11):
God bless those people, but you become part of the cancer on society.
And maybe I'm too harsh, but yeah, imagine like you, listen, you got to go to work.
0You got to provide for your family.
But at this point, you got to be like, okay, I'm part of the system. 357 00:22:29,1000 --> 00:22:30,640 That's wrong.
(22:31):
It's just, it's wrong.
Because when you're part also big companies, not even Fed, but big companies,
and you're like doing those meetings and everyone is smiling
0and you're like pushing the envelope, you know you can do better. 362 00:22:47,1000 --> 00:22:53,180 And these people, like printing money, then distributing it around the world,
(22:53):
to NGOs, Soros, Bill Gates. 364 00:22:56,1000 --> 00:22:59,680 Bill Gates, he's going to fix everything.
We just need to trust him, man.
But no, it's just the system is bad. 367 00:23:04,1000 --> 00:23:07,420 I wish Bill Gates, man, would be just like,
okay, everyone is yelling at me.
I must be doing something wrong.
But these psychopaths, they're like,
(23:15):
everyone is yelling at me.
I misunderstood.
They just don't get it.
I need to help the pourers out there.
They're just too stupid to understand.
What I'm doing is really for their best interest because they don't know any better.
They don't know.
Little simpletons.
Yeah.
It's a very condescending attitude that is perpetuated by some of these guys that are at the very tippy top.
(23:40):
I think it's a corruption, man.
It's just your brain becomes corrupted into thinking you're going to save.
Yeah.
Like, I'm going to save the world.
Yes.
Yeah.
And then, well, luckily, we have Bitcoin.
So you just stay humble, stack sets.
Now, if you're a square merchant, we want you in Bitcoin.
Enable Bitcoin payments, stack sets, and let the fiat system show its way out.
(24:06):
Because, man, I also love that politicians are now simping.
So we can do more like this, not serious interviews.
We just have fun while they do all the serious talk, Bitcoin.
You know, it's kind of funny.
I think sometimes Bitcoiners forget that we're at this stage right now where we don't have to suck up to politicians.
The politicians are trying to suck up to us.
(24:29):
They're also realizing that Bitcoiners are this growing cohort that has a growing amount of wealth.
First, we're also incredible memers.
So they need our memetic energy as well as our economic energy.
And me and Walker, we have zero Bitcoin.
I lost all of mine gambling.
We're here in Las Vegas.
Yes, yeah.
It's very sad.
I'm going to have to start from scratch, but I'll build up sat by sat, you know.
(24:52):
Yeah.
Yeah, step by step.
But no, we're at, like, politicians are at the Bitcoin conference.
Again, it's been multiple years in a row, and they are actively trying to say, like,
why am I a politician that is pro-Bitcoin?
They're fighting over themselves to prove who is more pro-Bitcoin, who has, you know,
and it's Republicans and Democrats both.
Maybe more Republicans now, but, like, the Democrats are catching on.
(25:14):
They're catching up because you saw last year at the Bitcoin conference how much money was raised for Trump by Bitcoin.
And I posted back then.
It's just I posted and people were like, oh, you know, this not serious person.
But I said, like, if you're a politician, if you're a politician, support Bitcoin and you will be supported to win.
(25:38):
and if you go against bitcoin you will lose and i tell to people trump won because of bitcoin
or they say like crypto vote they always try to get in the shit corners but the thing is if people
don't believe that trump won because of bitcoin even those people believe that kamala lost because
(26:01):
of Bitcoin, because of Operation Chokepoint, because they alienated the whole industry,
that then 95% went Trump donations.
The only one that chose the wrong side were Ripple.
And now they're coming and they're like, please take us in.
We're like, we want to help.
But even then, they're like, yeah.
(26:23):
Wait, did you see the thing?
This was actually hilarious.
that Brad Garlinghouse, you know, chief executive shitcoiner of Ripple.
We love you, Brad.
You're such a meme.
Yeah, you are hilarious.
But he posted, like, oh, I tried to meet with Senator Lummis,
but she declined my meeting and, like, won't answer my calls and refuses to meet with me.
(26:46):
And I'm like, that's right.
That's amazing, though, that even the toxic maximalism is bleeding into politics.
Politicians are realizing, at least some of them.
Don't have time to deal with scammers.
Like, come on, man.
Like, stop doing that stuff.
Like, we don't meet?
Okay, do better.
But no, he goes online and cries trying to throw a senator on their butt.
(27:10):
Like, come on.
Okay, will she meet with you now?
Yeah, definitely not.
Like, never.
And you look very weak. 449 00:27:17,1000 --> 00:27:19,020 I'll see you there.
I'll see you there.
Oh, man.
It is incredible to see this vibe shift.
Even with the strategic Bitcoin reserve, this idea, it's contentious. 454 00:27:28,1000 --> 00:27:33,880 I think that I'm of the opinion that this was an inevitable result of Bitcoin succeeding.
(27:34):
Of course governments will want to hold it.
This is not me saying I approve or disapprove.
I'm just saying I think this was inevitable, right?
Better system.
Of course.
Why, if Bitcoin is the best money, why wouldn't governments and corporations want to hold it?
They'd be stupid not to.
So that said, I think it's very interesting that a lot of this toxic maximalism has actually bled into the regulations or the executive orders that came out.
(27:58):
Yeah, we're going to hold the Bitcoin we have, not sell it, and try to acquire more.
This is what the executive order said.
In terms of the crypto, the digital asset stockpile, the non-Bitcoin, we will probably sell it and we're not going to acquire more.
Like it's two completely diametrically opposed treatments of these things.
and it's like as far as like from a maximalist perspective it's like amazing you know but then
(28:23):
again the president also launched a shit coin so okay but that's the thing is i wish around that
trump had better advisors and had his own because your reputation is just not worth it in the long
run like two things safety with his work the amazing work that shows that hardest money always
(28:45):
wins like there is no oh this will be number one money number two three four like 15 it's like you
always want to be holding the hardest money so and then you you held gold gold was the hardest
money the best technology that was available to us great did silver people come in they're like
(29:05):
silver is better it's like no it's not and you can argue with those people however that is the same
that same situation.
You have Bitcoin and you have silver people.
These shitcoiners, they're silver people, gold people.
Understand this.
So hardest money always wins.
(29:27):
And number two, toxic Bitcoin maximalists.
The term was coined by Vitalik Buterin,
who has a derogatory term to show all these crazy people
that are not reasonable.
They're too stupid to understand my technical genius.
10 years have passed, right?
(29:48):
Since Ethereum, more than 10, since Ethereum was out.
Last month, Vitalik comes and says,
hey, we should be more like Bitcoin.
Dude, we've been telling you for 10 years,
you took so many people in the wrong direction.
You made a bunch of money.
Great, great for you.
(30:09):
You know, you and your insiders, you keep dumping on retail.
Great.
But, you know, the whole thing.
And American HODL has the way better video.
He's a toxic maximalist.
They cry.
Sure.
I mean, the best thing about Bitcoin is you believe in it.
You hold it.
You don't need anyone else.
(30:30):
When people start asking you, you answer questions.
when you do, when someone asks you five times,
you play Walker's video of Sailor.
And that's it.
It's just like focus on yourself.
Focus on your loved ones, people that you care about.
You know, someone asked me about Bitcoin.
(30:50):
I'm like, it's a scam.
Don't buy it.
I called Walker.
We talked.
So, yeah, have fun.
Sidebar, did you hear that American Otoll is running for president of the United States?
This is just what I hear.
This is the word on the street.
I don't know.
Oh.
I don't know.
Listen, I don't vote, but if he truly, like, gets some tickets, I would vote.
(31:14):
I hear it's the American Hotel Eric Kaysen ticket.
That's what I'm hearing.
Oh, my God.
I'm like, I'm voting definitely.
It's the most based ticket of all time.
I mean.
That's what I hear.
Listen, Eric is just special.
He is a master shaman.
That's how I address him.
And then he is because he's unapologetically himself.
(31:36):
I think he also carries a little bit of guilt because he's like, why me?
Why did Bitcoin pick me with all this burden and like got me to the point where I'm set and I can just focus on philosophy?
And I think he's trying to deliver.
But, man.
I think he's going to make a great vice president.
(31:57):
You know, really great.
I don't vote, but I would vote for that ticket.
So, HODL, Kaysen, you have my vote.
I can't believe I will be voting, man.
I'll be getting all those scammy, like, oh, you need to be part of the jury thing.
Oh, man, that's how they get you.
It is a trap, yes.
So, I would sacrifice myself that much for you, too, if you go on ticket.
(32:18):
You heard it here first, the American HODL Eric Kaysen ticket.
Also, I do still say HODL.
We don't have to get into that now.
But I should pronounce American HODL's name as he pronounces it.
0That's what he identifies as, as an American hodl.
What are his pronouns?
Yeah, I think his pronouns are American and hodl.
(32:40):
6.15.
Yeah.
You know, that turned out to be pretty darn good advice.
Yeah.
I mean, that guy can meme.
The funniest thing is when girls started approaching me at the conferences and they like do you have 6 I like I didn understand It took me like three months to figure it out So stop doing that girls Don approach that
(33:05):
Oh, man.
You know, it's amazing.
I mean, we're at this point where, again, I haven't been in Bitcoin that long.
It's a few years now, which is cool.
Time flies, but I don't know.
When you're having fun.
Yeah, but the other thing is it still feels early, I think, to those of us who are in the space watching this happen.
(33:28):
But to people who are maybe just hearing about Bitcoin because it starts pumping again,
they see the price tag and they start saying, oh, I must be late.
You know, I must be late.
And obviously a lot of them may not know that you can buy a fraction of a Bitcoin called a Satoshi.
Like you can buy a dollar's worth of Bitcoin or a couple cents worth of Bitcoin.
like that's that's amazing but they may not know that but i'm curious you know do you think like
(33:55):
are we going to have just another shit coin cycle because now the price of bitcoin is so high and
like does this just keep repeating itself forever like this is what i want to know
do shit coins eventually all die out or do shit coins just keep coming and scamming new people
over and over again forever forever forever that's so sad though yeah but that's why why money exists
It's a tool for truth because, you know, oh, Walker, we are buddies.
(34:22):
Do this for me.
You're like, okay.
I'm like, hey, Walker, we are buddies.
Do this for me.
You're like, okay.
Sorry, I just saw Tatum turn up.
Tatum, yeah.
He's like, hey, Walker, retweet this.
You're like, okay, man, like $5, $10.
Like, you switch the relationship to, it's like a lightning channel.
You've got to be settled.
(34:43):
I can't be the psychopath.
that's constantly demanding things for you.
And if I do that, I've got to pay you.
So money is a tool for truth when it's used well.
I love how popular you are, Uncle.
It's amazing.
You know, for a man who doesn't show his face,
everybody knows Uncle.
Yeah, but I'm telling you, man,
(35:04):
if there is a better coin,
we will all be in it until then.
We're good for 100 years.
Didn't you hear?
actually xrp is uh better than bitcoin so i guess i guess we're all switching over oh crazy it it is
it is ridiculous though i mean i guess like i guess in you know scammers are going to scam right
(35:26):
and that's why like that's why bitcoin education is also so important because if you get to people
like most people go through a little bit of a shit coining phase because they get distracted
by the bright lights yeah yeah and the flashy marketing and some jackass influencer who tells
them that you know xrp is going to a hundred dollars but no it's not no it's not like they're
they're dumping it on you like who you're buying it from ripple also and and they are just going
(35:48):
to keep dumping on you yeah but like eventually maybe a lot of us need to shit coin a little bit
and get burned before we go into bitcoin and say okay now i'm you know i'm all in i don't want to
get burned anymore i want to just save the value of my hard work i want to save my time and my
energy in something that can't be corrupted by some jackass crypto founder and a bunch of VCs.
(36:11):
I think you literally opened with a question. We went through the whole arc.
Don't buy Bitcoin. It's a scam. Buy whatever. And then after five years, you will be like,
oh, I wish. I actually listened to these guys. They actually had nothing to gain.
They only had to lose because less sets for them.
(36:32):
I know.
So, but speaking of stats, where do you sit on the stats versus bits versus just calling
stats Bitcoin debate?
Where are you out with this?
I like stats personally.
Man, I think people are, I see the whole thing that we need to rename stats into Bitcoins.
I see it as a very condescending.
It's like people are not smart enough.
(36:52):
People are amazing, man.
It's just, they're under so much pressure with this fiat high velocity trash economy.
you're like forced to run the hamster wheel.
People are smart when they just tell,
hey, there's one Bitcoin,
it's divisible in 100 million Satoshis.
That's it.
(37:13):
Boom, boom.
Dollar cents.
But there is also the thing is like
people that are in Bitcoin,
it's a status game.
You know, you become,
oh, I am the developer that merged PR into Bitcoin Core.
and this is where power corrupts because you want that status you want that influence
(37:34):
and maybe that's actually the biggest thing that i love about bitcoin it allows those people that
are not status seeking stack sets to do your thing so yeah i'm definitely team sats and i think
people that are renaming sats into bitcoins they'll be just like laughed maybe it even happens
(37:55):
On Square Terminals, they show like Bitcoins.
So you're buying for 20,000 Bitcoins.
Oh, they do?
Yeah, yeah, yeah, yeah.
Oh, boy, this is going to get confusing, isn't it?
So Jack Dorsey, you're wrong, but it's okay.
We still love you, man.
With all due respect, sir.
With all due respect, sir.
Odell is right.
Yeah, yeah.
Yeah.
No, it's like there will only be 2.1 quadrillion Bitcoins.
(38:20):
How many zeros are in quadrillion?
I don't even know.
A lot, a lot.
There will only be 21 million mega bitcoins.
A mega bitcoin does sound kind of cool, though.
I do kind of like that.
Like, I like that idea.
Ultra bitcoin.
Ultra bitcoin.
Ultra mega premier bitcoin.
And now we're shitcoining.
I know.
I know.
(38:40):
That's the problem.
Let's close it up.
Let's close it up.
Uncle has places to be.
Uncle has places to be.
Okay.
So, Uncle, if you had to leave people with something.
And thank you for joining, by the way.
I appreciate it.
I know you're running around.
And it's always good to get a therapy session with my uncle.
If you had to leave people with something, you know, for somebody who stumbles across this, who is new to Bitcoin,
(39:03):
maybe who sees this spectacle that we have here in Las Vegas and thinks like, what even are we dealing with here?
What do you say to that person who just feels overwhelmed and like, I don't even know where to start?
Subscribe to Walker's YouTube channel.
Oh, that's too kind.
No, we have the best influencers as well.
There is the whole joke that, oh, you're doing these faces.
(39:26):
Do them, man.
You're fighting the army of shitcoin influencers.
Any people that we manage to scam into Bitcoin, scam them into profits, they're saved.
So subscribe to your channel and watch Uncle's interview with Walker.
You don't like me, don't like him.
(39:46):
Find the voice in Bitcoin that speaks to you.
Or become that voice.
start your own Bitcoin podcast
why not?
we need more podcasts
but no, like Jack Mallers
he talks to a lot of people
listen to him
Seyfedin
Matt O'Dell
so find the voice that speaks to you
(40:08):
in Bitcoin
now even Trump is in Bitcoin
I don't know if that's a good voice to listen
but you know
don't buy his shitcoin
don't buy shitcoin
please don't
And when you have consumed enough materials, come join us at some Bitcoin event.
You know, the Bitcoin conference is, you know, too big, too crowded.
(40:30):
Come to Bitplot, boom.
Come to what's your favorite conference?
Boy, you know, honestly, I think perhaps the holds a special spot in my heart,
but Unconfiscatable was the first Bitcoin conference I went to back in 2022.
Yeah.
Yeah, shout out to Tone Vays, who brought us, Carl and I, there to host the Scammy Awards, which was amazing.
(40:50):
You did phenomenal.
We just got to shit all over shitcoiners.
It was incredible.
But it is great advice to come to a Bitcoin conference, meet people in person.
And who knows, if you're working in the fiat world and you're not feeling fulfilled there, there are a lot of Bitcoin companies now.
Sure.
And there are a lot of shitcoin companies, too.
(41:11):
But you can find a lot of pure Bitcoin companies.
There's somebody who would like to work with you.
There is Strike Booth right across us.
And if you really don't have anyone to come to, find UNCLE.
Come to UNCLE.
I will connect you.
And BTC Prague is next month.
So people in Europe, I'll be at BTC Prague.
You're coming or no?
I wish I could.
(41:32):
I wish I could.
I got to talk with Martin and Matias.
We got to have you.
We'll see.
Maybe we can make an impromptu trip.
He's a bigger star.
He was invited, but he was like, no, I can't come.
Rockstar is going.
Well, if you're going to be there.
Okay, we'll leave with this because we didn't mention it at all.
But people can find you on X.
(41:52):
But they can also find you on Noster.
Preferably Noster, yeah.
I think they can probably just go to, I'm guessing, primal.net slash rockstar.
Exactly.
If I had to guess.
Exactly.
You can find me there, primal.net slash walker.
There we go.
You can search for us, Rockstar Developer.
You can search for Walker America.
Find us out there on the interwebs.
And then I never know which camera to look at.
I'm such a bad streamer.
(42:12):
No, man, this is great.
I'm going to look at this one and just say, you know,
Bitcoin is scarce, but podcasts are abundant.
So thank you for spending your scarce time to listen to Uncle Rockstar and I
on this little impromptu Bitcoin podcast.
Uncle, thank you.
Let's go.
It's been a pleasure.
Let's go.
We should probably take one more selfie in our cool headsets while we're still on stream.
(42:33):
And a present for you.
Oh, amazing.
So we're going to pay with Bitcoin?
I love it.
I love it.
Let's go.
Let's pay with Bitcoin.
We're going to go pay with Bitcoin now, guys.
Thank you all for joining us.
I don't know who to give this headset to.
Do we just leave it here?
Cheers, guys.
(42:57):
And that's a wrap on this Bitcoin Talk episode of The Bitcoin Podcast.
Remember to subscribe to this podcast wherever you're watching or listening
and share it with your friends, family, and strangers on the internet.
Find me on Noster at primal.net slash Walker and this podcast at primal.net slash Titcoin.
(43:19):
On X, YouTube, and Rumble, just search at Walker America and find this podcast on X and Instagram
at Titcoin Podcast. Head to the show notes to grab sponsor links, head to substack.com
slash at Walker America to get episodes emailed to you and head to bitcoinpodcast.net for
everything else. Bitcoin is scarce, but podcasts are abundant. So thank you for spending your
(43:45):
scarce time listening to the Bitcoin podcast. Until next time, stay free.
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