The Man in the Studio: How Podcasters Change the World | Rod Palmer & Richard Greaser (Bitcoin Bugle) - THE Bitcoin Podcast

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
If you want to make a difference, you need to start a podcast.

(00:02):
You need to be listening to podcasts and starting a podcast.
There's an outdated saying where it's the man in the arena.
The man in the arena, that was 500 years ago.
And now it's the man in the studio.
The man in the studio is the one reshaping the world, or he's going to die trying, essentially.
I just think there's consequences of the retardation.

(00:24):
Like that's the only thing that's changed is that it's, it's been super retarded for
a long time, but people really haven't had an issue with it being retarded because it's
been relatively comfortable.
But nothing that we're seeing today is new.
The TV lying to you, people on the internet lying to you, people lying in general, people
having strange opinions about things that don't matter.

(00:47):
None of it's new.
None of it's, you know, there hasn't been much innovation and retardation, in my opinion.
It's been stagnant.
This is just another example of how fiat rings everything.
What the fuck happened in 1971?
Well, innovation and retardation is one of the things that stopped going up in 1971.
So we need to retardation on a hard money standard, on a Bitcoin standard.

(01:10):
That's what statism is at the end of the day.
It's trying to wield this vehicle of violence to control other people's behavior.
and the status are you know becoming increasingly more interested in bitcoin and there's a lot of
status with strange opinions on how people should have sex the next bitcoin civil war so to say on

(01:31):
on twitter that you know the psyop pseudo spoofed engagement farming nonsense might be over how
podcasters need to have or should have sex you can't go on bitcoin twitter anymore without seeing
somebody exploiting controversy conflict and retardation to try to sell something that maybe
probably somebody doesn't need is sell your overpriced trinkets to boomers don't do it don't

(01:55):
sell your overpriced trinkets i think we can make a sizable difference i mean this is this is like
the exciting thing that bitcoin teaches people is that you can be an active you can be an active
player in your life you can be an active participant in the world that you can go out
there and just do things that you don't have to sit around for permission from uh some guy that

(02:17):
went to epstein island like you can choose what you want to do pursue it and and actually fight
for it and you have the tools to be able to actually engage in the fight and be successful
in it i really enjoy it like i i want nothing more than people to send me hate mail to boil it all
down it's i just want to tell the truth in a way that help that people identify with maybe a little

(02:47):
bit better and sometimes that's all it takes to kind of break the cognitive dissonance or start
the process um and i think that's what good journalists should try to do there's a lot of
people out there that like to uh turn their nose ups to bitcoin podcasters and they like to dismiss
it realistically you could have a massive impact on somebody's life and the choices that they make

(03:11):
because you're talking about a subject that actually matters and very few people in the
media ecosystem are talking about subjects that matter right now opinions are like plaids
they're all retarded listen to 40 hours of bitcoin podcasts a week smoke cigarettes and read atlas
shrug twice a year and i think if you do those three things you're going to be incredibly

(03:33):
successful in the fourth turning you'll be able to survive it you're not going to be
pleb cannon fodder you're you're going to be incredibly successful
is that still active i know the the account hasn't been the vibes haven't just been quite

(03:53):
as high the past month or two i'm wondering what happened the vibes have been a little weird but
I've got to say in the vibes capital management group chat,
the vibes have been,
I've been pretty solid.
So it is very much still happening.
It's yeah.
But the vibes have been weird more broadly,
I would say,
right?
Like it's just been like a,
I don't know.
People have just got there.

(04:15):
I think people just love getting their panties in a twist.
Honestly,
like it makes them feel alive to have a little bit of constructive blood flow
due to their twisted panties.
And like that's,
it's kind of how they like derive meaning,
right?
Is how many twists can one get in their panties?
everybody's got their knobs twisted they're getting their knickers tied up in knots and i

(04:35):
don't know what do what do you think when was when did the divide shift this summer because we had we
had a great beginning of the summer we had paper bitcoin summer and then everything just kind of
flatlined we had a plateau with divides by its capital management way less active on uh on the
timeline but it sounds like they were active in the group chats and that's what it seems like to

(04:58):
me is that right now all the good alpha all the good content is actually in the group chats it's
not on a timeline and the timeline is just full of nothing burgers and and failed announcements
and announcements of announcements that have also failed you know i think i think the vibe shifted
when everybody started calling everybody else pedos like that was probably like for me that

(05:20):
was when it was like huh okay like we're at that stage where it's like i disagree with you so you
are a paydo however they spell it in the uk because i think they what else do they call them
over there is it is it a nonce is that the word for it which is like funny from like a bitcoin
perspective because you know we have like nonces in the technical sense and in the uk they've got

(05:40):
them in the pervert sense so like that's kind of neat i refuse to speak british i won't do it
either i speak american thank you very much i mean my last name i literally legally changed it
to america it used to be walker uh england but i was told that saying the word england was actually
hate speech in the united kingdom so i had to change it for legal reasons and then i was like

(06:03):
well i'll just make it america i'm not going to let you colonize my name you sons of bitches
i i wonder you know we talked about this a little bit before we went live but you have a very
seductive podcast voice like i think you i think between your modeling career and your voice
we haven't had a good Marlboro cowboy in decades.

(06:29):
And it seems like, it sounds like you smoke Marlboros.
You have that gritty, seductive Marlboro voice.
Have you reached out to them?
Has there been any conversation about being the next Marlboro cowboy?
The Marlboro man.
I would start smoking Marbs again.
I know I was a Marlite kind of guy, right?
Just because you can run through a pack of them without breaking a sweat, right?

(06:52):
but I would probably start smoking Marbs again just, you know,
if they sponsored me, because like you, as a Bitcoin podcast,
you have to go above and beyond for your sponsor.
So if they were like, we need you down in a pack per podcast,
I'd be like, yeah, I'll do that. I would ideally,
you know who my ideal sponsor is? Well, it'd probably be the cool,

(07:14):
refreshing taste of a fine Pilsner beer, Miller Lite, you know,
I mean, that's just an American beer, you know,
But this is what I would like.
If I heard you talented well that you were looking, did you get that?
Is that your free palate of Miller Lite?
Did it come through?
Or are you still hoping for that to come through?
I wish.
I'm still hoping for it to come through.
But I did get a box of Peony Lane wine from Ben Justman.

(07:39):
Or as I like to say, Peon My Lane wine.
Peon My Lane wine.
What's the difference between a chickpea and a garbanzo bean?
I've never had a garbanzo bean on my face.
I've never made a chickpea.
There you go.
If Ben Justin is listening right now,

(07:59):
you are welcome for the very appropriate advertising.
Feel free to use that in all of your next infomercials.
Do they still do infomercials?
Actually, I haven't watched like, quote, cable TV in so long.
Is that still a thing?
I think we need to bring it back.
I think.
Like for Bitcoin maybe?
Yeah.
the hardware wallet infomercials the paper bitcoin infomercials it's if there's one thing

(08:23):
that boomers this is how we get the wealth out of the hands of the boomers if there's one thing
that boomers want it's infomercials like they're bored they're sitting in their retirement homes
their grandkids aren't calling them you can only watch so much uh network news and and sports ball
They're going to get tired of it and they're going to want to figure out what to do with their time.

(08:47):
Besides that, infomercials are a great, great release for them.
And if we hit them with Bitcoin infomercials, it'll be awesome.
We've got to package it in a way that makes...
I remember all those infomercials.
I think even South Park did an episode on this with all the repurposed Indian gold and stuff.
It's a great episode.
but like we got to find some way to really boomerize Bitcoin a little bit you know like

(09:12):
there it I think it has to be physical like you've almost got to give them like like a coin and say
like like one of those casatious coins you know but with like a couple sats on it now and like
because I think they need to touch it right because that's like the classic boomer thing
is like well I can't touch it and I only like things I can touch and so I don't think I want
any of them bitty coins and you know I don't but at the same time like okay I struggle with this

(09:34):
because on the one hand, I'm like, I would like to help boomers.
On the other hand, I'm like, oh, you've been helped pretty well
by the last like 50 years of monetary policy.
And like, you know, you bought your house for two raspberries
and, you know, I have to sell my second born child
because I wouldn't sell my first, obviously,
but I have to sell my second born to, you know, buy a home.

(09:57):
Don't have him yet, but he's already promised just to the bank,
you know, and, you know, the wife made a fuss about it,
But it's like, honey, you want a home or do you want to have that child?
You know, and the bank will raise them.
Well, they will.
They will teach them to be a banker.
But, yeah, I digress.
I don't even remember what I was talking about before I started.
I think that's a great idea.
And I think the info, like think about two VC, like how many boomers spend.

(10:20):
You've got two types of boomers.
You've got the boomers who want to spend all their Social Security at the slot machines in Vegas.
We saw those at the Bitcoin conference, right?
And you got the other type of boomer who they want to sit on in their couch or on their lazy boy at home and they want to watch QVC and just buy crap that, you know, that they see for sale on QVC.

(10:41):
So why don't we, this is my solution. Why don't we set up strike and have their social security checks sent straight to their strike wallet, converted to Bitcoin. And then on TVC, you just put up a, you know, a lightning invoice and then you can get, you know, your precious moment trinkets. You can get some new, um, you know, expensive decorations for your Christmas tree, uh, because boomers love the war on Christmas.

(11:06):
They act like they get angry about it, but they love to be consumers to support a cause.
And I think if we bring and make it possible for Bitcoin or for boomers to spend their Bitcoin as consumers for a cause, I think that is how we can really, I think, kickstart the medium of exchange habit.

(11:28):
We need to get those consumer spending habits.
And I think it starts with the boomers.
I think that's kind of really brilliant.
Like this is how we orange pill the next wave.
It's about QVC, but for Bitcoin.
I think it's pretty brilliant.
And, you know, again, these things are, people love the nostalgia of these things, right?

(11:49):
It's like, oh, like this is hearkening back to a simpler time, right?
If maybe it was a less, like a less retarded time, it was probably just as equally retarded.
But like in retrospect, maybe everything, I don't know.
in retrospect do things seem more retarded or less would you say i think it's about the same

(12:10):
personally and i just think there's consequences of the retardation like that's the only thing
that's changed is that it's it's been super retarded for a long time but people really haven't
had an issue with it being retarded because it's been relatively comfortable
but nothing that we're seeing today is new the tv lying to you people on the internet lying to you

(12:36):
people lying in general people having strange opinions about things that don't matter
none of it's new none of it's you know there hasn't been much innovation and retardation
in my opinion uh it's been been stagnant and uh i think it's a it's an improper you know framing

(12:57):
I mean, it's just, yeah, things are falling apart.
And, yeah, there's consequences to it.
This is why when things are comfortable, it's important to have standards.
Because you get to places like this because nonsense is put up with it.
Or people just put up with it in general.

(13:18):
And this is why, this is just another example of how fiat rings everything.
You know, what the fuck happened in 1971?
Well, innovation and retardation is one of the things that stopped going up in 1971.
So we need to retardation on a hard money standard, on a Bitcoin standard, because right now it's just very, you know, Michael Saylor likes to say it's not the remote dynamically sound.

(13:43):
It means there is like energy leak in the system.
So everybody is trying to monetize conflict and monetize retardation to sell some swag, to sell some merch, to sell a hardware wallet, whatever it is, to sell a node.
And that's just what's happening now.
Like it's even it's infected the Bitcoin ecosystem.
You can't go on Bitcoin Twitter anymore without seeing somebody exploiting controversy, conflict and retardation to try to sell, you know, something that maybe probably, you know, somebody doesn't need is sell your overpriced trinkets to boomers.

(14:15):
Don't do it.
Don't sell your overpriced trinkets.
I think that's really the takeaway message here is that we should be exploiting the boomer class and extracting as much wealth from them as possible, not exploiting our fellow plebs and extracting wealth from them.
It's like this needs to be a concerted effort of wealth extraction from the boomers.

(14:35):
Otherwise, we're just, you know, what are we doing?
We're playing right into the boomers' hands.
This is what they want is to extract value from, you know, for us to extract it from each other.
When in reality, like we don't need a circular value extraction economy amongst ourselves.
we need a drain the value from the teats of the boomers those you know gorge teats of their of
those boomers filled with all that fiat we need to be sucking as much value out of there as possible

(14:59):
and yes that that teat may be toxic but you know what we convert it to the hardest money that's ever
existed and then it's okay it's been it's been neutralized it's been sterilized it's been made
palatable really it's you know it's turning that dirty swamp water into potable water and i think
that's what we really have to or or into a fine ice cold refreshing fine pilsner beer known as a
miller light that's what i'd like to see yeah i think there's a there's a negative connotation

(15:23):
with the word extraction which i don't think is uh is fair and i think it's important like you can
you get in there's negative connotation with the word exploit but you just have you have to identify
who has the money and you have to provide value to them and i think the key is uh to do it honestly
like we don't we don't have to all uh go out there and you know spam all these uh you know

(15:46):
ignorant boomers with calls like hey you know i'm your uh nephew or or grandchild in jail like send
us all your bitcoin or whatever so that we can get out like that's that's dishonest i think it's
important not to agree it's not helpful to be misleading because that type of behavior just
leads to degeneracy and nonsense but like you know you're identifying what the boomers want they like

(16:11):
bingo they like slot machines they like uh infomercials they like postcards postcards is a
really uh great strategy bumper stickers they like uh stance virtue stance stance
you just create products for boomers and uh and they'll give you they they like uh cliche wall

(16:38):
hangings live laugh stack maybe would be like a nice one like there you go i don't know what is
that a billion dollar idea right there a two billion but he's out for free hello friends
you may notice that there are no sponsors for this episode and that is because this is a pure
value for value episode. So if you find this episode valuable, consider giving value back.

(17:02):
You can do that by becoming a paid subscriber on Fountain. You can send me a zap on Noster,
boost on Fountain. Or if you don't feel like doing any of those, one thing you can do that
is totally free is just to share this show with your friends, family, and strangers on the internet
so that it reaches more people. If you're listening on a podcasting app like Apple Podcast,

(17:22):
You can also give this a five-star rating so more people find the show.
You can subscribe on YouTube, Rumble, or wherever else you're watching.
But again, I always recommend that Bitcoiners check out Fountain.
You can also go check out the big print audiobook which I narrated.
You also, of course, do not have to do any of those things.
Bitcoin does not care, but I sure do appreciate all of your support.

(17:46):
So thank you.
boomers have never heard the the phrase you never sell your bitcoin and a lot of people are there
you know we maybe we can get into this later maybe this isn't the time but we're passionate advocates
for bitcoin podcasts we think that more people need to listen to bitcoin podcasts they need to
listen to at least 40 hours of week or per week of bitcoin podcasts and we need more bitcoin

(18:11):
podcasters but the the the ripe target demo here is the boomer clucks i mean we're talking about
you know we need more infomercials we need tvc saps for stamps you can make a bitcoin podcast
that is essentially just a live stream on youtube that's you know the same as pvc you could sell

(18:31):
you know etsy or you could sell you know asinol gold big fan of the bugle you know he he makes
lots of anonymous masks
art and you
could sell that to boomers. Boomers love stuff like that.
It's
so ripe for
exploiting in the
you know

(18:51):
the healthy sense, the thermodynamically
sound sense.
It's a wholesome exploitation because you can't
actually exploit the boomer if you're
giving them something of value. Like you said, I think if you're
ripping them off, if you're doing
one of those, if you're running
an Indian call center and you're using it to rip off boomers like that's not cool man like that's
obviously not cool but you giving them little tchotchkes and for sats like I'm sorry but that's

(19:17):
a win-win they're gonna buy the tchotchkes anyway sats may as well flow the sats must in fact flow
so why should they not be flowing for boomer tchotchkes right I think that's really the
question we all have to ask ourselves yeah you can sell you can even do you know fever loans
people love to sell expensive caskets and funeral.

(19:38):
Would you rather spend your sets at, you know,
$110,000 USDT exchange rate today for a coffin?
Would you rather buy a coffin for 250,000 USDT per Bitcoin?
It's, you know, in a deflationary world, you know, it's, it's, I don't know,
maybe that's backwards, but I think that they'll understand the logic.

(20:01):
the key is basically buy your coffin sooner in fiat or later in bitcoin maybe i think i think
we're getting there right yeah yeah something like that sounds right funeral homes with services
priced in sats maybe maybe there we go we're just honestly i don't even know we should maybe get off

(20:22):
air because we're giving out too many good business ideas here but you know what that's just like i
I feel like people need to recognize that as a Bitcoin podcaster, which we all are, this is what you do, right?
You just give out great ideas for free.
You give out all this alpha.
You try to encourage more people to be Bitcoin podcasters to give out more alpha.
And that's just a virtuous cycle of Bitcoin podcasters podcasting about Bitcoin podcasting.
And I think that more people need to get into that virtuous cycle because that is the true, you know, accretive circular economy that we need to build.

(20:50):
It's just all – everyone's a Bitcoin podcaster basically.
And once we kind of reach that, I feel like the world just gets a whole lot better.
Like imagine a world on a Bitcoin podcaster standard.
What does it look like?
I bet it looks pretty damn sweet.
Pretty damn sweet.
I think we need to give these guys as many business ideas as possible

(21:11):
so they quit smoking weed and get off the couch
and stop arguing with each other about nonsense.
There a lot more productive things to do than being grumpy and being stuck I say amen to that and there is a lot of just general grumpiness i don even do we even want to say the word that starts with a silent k

(21:31):
on this on this show or or do we or do we just want to avoid it entirely do we want to talk about
it by not talking about it i guess is what i'm asking or do we want to just not talk about it
by not talking about it it's hard to it's hard to avoid because hard forks are quote unquote all
the rage right now and there's a lot there's all kinds there's drama over it's there's all this

(21:57):
meta drama that surrounds the main drama right like you've got whose girlfriend is reporting
this news who are our journalists allowed to have sex or cordat is allowed to have sex are
people allowed to pee in your mempool do you have to there's so much meta drama here
that I think we could talk about all of it without actually having to say the word.

(22:21):
If for every time we, yeah, we need to like every time somebody accidentally says the
word, you need to like, instead of like getting to have a drink or rip a nice Marlboro grit,
you can't do that for like at least the next couple minutes, you know?
So how about that?
Yeah.
You have to add one hour to your podcast listening for the next week.

(22:43):
Well, see, no, that's all, that's also a positive thing, right?
Like then I'm just going to be saying the word all the time, but we'll, we'll, we'll let, we'll let people, pardon me, let them come up with their own punishments.
But actually, so maybe a good place to start just speaking of sex is somebody asked the question, which I thought was, uh, was really fair.
Let me find it here.
Uh, why are Bitcoin podcasters allowed to have sex, but not Bitcoin developers discuss?

(23:11):
Or is the answer self-evident?
You know?
Personally, I believe that cord devs should be allowed to have sex.
Podcasters and cord devs should both be allowed to have sex.
It's not me that has these hypocritical rules for others.

(23:32):
It's other people.
It is the quote-unquote silent K side of the group.
They don't believe that cord devs should be allowed to have sex.
But I know that I know that Richard, you know, you kind of covered this topic in the emergency spaces last night.
Like what was the what was like the vibe last night about this topic?
Can I also just say I was literally like as I'm about to head to bed after a long night of editing Bitcoin podcasts, people don't realize that you burn the midnight oil when you're a Bitcoin podcaster.

(24:02):
Wife and child are peacefully asleep.
You're up for another several hours, just Bitcoin podcasting stuff all around.
and I saw this space pop up like right as I was like about to brush my teeth and I was like,
I want to join it so badly. But if I do, then I won't sleep for several hours. So I, I hope I,
I missed it. And, uh, and I want to apologize for that because I should have, you know,

(24:25):
it's like the triangle of choices that you can make. It's like, do you Bitcoin podcast? Do you
sleep or do you listen to Bitcoin podcasts? And you can only pick two out of those three, right?
So I should have gone with make Bitcoin podcast, listen to Bitcoin podcast, get rid of sleep,
but I made the wrong choice and I want to apologize.
Well, I had the same dilemma last night.

(24:45):
I think I might've made the wrong choice by having the space instead of making
Bitcoin podcasts. Uh, I've got some editing backlog that I need to work.
Technically the space was a Bitcoin podcast though, actually. So sure.
You know, um, yeah, you know, the, the, the mood was interesting.
I had Shinobi and, uh, Frank Corva up and we were discussing the institution of

(25:06):
journalism and uh just the kind of uh backhanded passive aggressive responses that that came out
yesterday and i just think it's a weird one
this is one of those things that's going to be really interesting with bitcoin going forward

(25:30):
as it gets more adopted is you have a lot of people with differing viewpoints oftentimes
incompatible with each other and one of those ones is you know people feeling like they have
the the moral authority to determine how people can and can't have sex and um we've seen this

(25:52):
in religion across the board like you know there's these muslim countries like saudi arabia that
will uh you know use uh uh corporal punishment publicly you know based on on people's sex life
there's there's certain religions that are very aggressive on this uh this front and you're gonna

(26:14):
have a lot of people you know that think that they can uh dictate what other people can do like you
know it's that's what statism is at the end of the day is it's uh you know trying to wield
this vehicle of violence to control other people's behavior and
the status are you know becoming increasingly more interested in bitcoin

(26:36):
and there's a lot of status with strange opinions on how people should have sex and so
the only reason why i talk about it people people have asked me why am i so obsessed with sex
and i'm really not but i i feel like there's these narratives that are being propagated

(26:57):
trying to dictate what people can and can't do that need to be shut down
quickly because if they fester you know the the the next um you know bitcoin civil war so to say
on on twitter that you know the psyop pseudo spoofed you know engagement farming nonsense

(27:19):
might be over how podcasters need to have sex or should have sex and like this is the yeah right
like yeah it's it's all these religions that you talk about they have a lot some of them have
clergy in these or they have the priests and the priests are supposed to take a vow of celibacy

(27:41):
and there's various reasons for that and they some people in this debate they view core devs
or anybody who knows how to code as having access to this special skill this special communication
with the digital world this abstract bridge between reality and and and technology and they

(28:03):
they consider the core devs almost like a priesthood and they treat luke kind of like the
You know, Galou doesn't believe that there is a pope right now who is legitimate.
He doesn't think the pope is legitimate.
And some of his followers kind of see him as their pope.
And on that side of it, I don't know if I'm pronouncing this right, the set of a cantist.

(28:30):
They also don't believe that the pope is legitimate.
They have an empty chair, the holy chair.
They believe that the holy chair, that nobody can sit in the holy chair until spam is completely defeated.
And nobody can sit down until the job is done.
It's kind of like somebody else made this remark to CoinJoin Chris on Twitter the other day.

(28:52):
But it's kind of like the opposite of sell all your chairs for Bitcoin.
um and it but it's if there's just too much there's too much religionizing or sacredizing
of of core devs when anybody can be accorded you don't have to go to uh you know the
the seminary to be a core dev you don't have to go to jimmy song's coding boot camp

(29:15):
if you want to be a core dev you just do it and yet once they become core devs they don't want
them to be able to go to the seminary it's hypocritical it's very hypocritical the seminary
is permissionless they all other than the person that you're you're you're going to the seminary
with as long as they have but that other than that nobody should be able to tell you that you

(29:39):
can't go to the seminary exactly i don't know if seminaries are real but for the purpose of
this conversation i think we all know what we're talking about um no it's uh it all i think it all
kind of comes back to vibes, right? And this is not just because I'm talking my book as the SVP,
Senior Vibes Podcaster of Vibes Capital Management. I am talking my book a little bit, but my book is

(30:00):
just vibes, really, right? And I think that's the important thing to just preface this conversation
with, but it does all come back to vibes. And I think for anyone who is viewing this objectively,
you can look at this debate, war, mutual attack, whatever we want to call it,
discussion uh and say that there's there's one side that just has some vibes that are a bit off

(30:24):
and and off in a like an off-putting way like vibes where you're like whoa like it's like you
know like you're at the bar and like there's like you're you know there with your friends and you're
smoking hot wife my smoking hot wife i mean like you guys aren't there with my smoking hot wife i
am stay back uh but you know you're there and there's just some dude in the corner is kind of

(30:44):
like and you're like that guy what is it about him there's a there's a phrase in romanian
my smoking hot wife's romanian it's a face that begs for a slapping and to be clear i'm not
advocating for violence here um but i will use words that could be viewed as violent by some

(31:06):
liberals which is that some people's opinions just beg for a slapping because they're just
you know, everybody's entitled to your opinion, right? But you know, like everyone's dad says,
like, opinions are like assholes. Everyone's got them and they all stink. And it's like,
go then get a bidet, dad. Like, just get a bidet like the Europeans do. Jesus, like,
don't give into the toilet paper industrial complex. That's a whole different rabbit hole

(31:29):
there. We don't need to get into it now. And honestly, we'll be, you know, unalived if we do.
But the moral of the story here is I think that it's very clear that a certain group of people,
I'll leave it up to the listener to decide which group that is, has vibes that are bad right now.
And I'm not saying the other side has these impeccable, perfect vibes.

(31:50):
It's not what I'm saying.
Just that objectively looking at this from a vibes-based assessment, again, it's what I know.
It's what I do at Vibes Capital Management.
The vibes are bad.
The vibes are bad.
And I don't feel the need to elaborate on why they're bad any further.
Like you either sense the bad vibes or you don't, right?
like so you don't if you don't believe me you don't get it i don't have time to explain it to

(32:13):
you sorry like yeah the the saying that your dad has about opinions um you know shinobi has a he
told me a really good one it's kind of an updated version it's uh you know opinions are like plaids
they're all retarded that's much better i'm gonna tell my dad that he's gonna love it

(32:37):
yeah i think what we've seen over and over just watching the general psyop industrial complex is
the people with the bad vibes tend to have the most voice in our culture and society because
they're the most active they're the most mobilized the people the good vibes don't feel
like it's necessary to do as much work they're not going to be yelling at people on social media

(33:02):
trying to skew perspectives and so i think it's really important to be cognizant of people with
bad vibes you know question their agendas um i think some of them are just cannon fodder
and i think some of them might actually either you know just be opportunists or actually malicious

(33:23):
in some way trying to uh drive an agenda and um yeah i mean nobody wants to hang out with people
with bad vibes and you see this happen over and over in social groups where oftentimes there's
there's people that tolerate the person with the bad vibes they get invited to the party over and

(33:44):
over again even though that they're annoying and they they lecture you about something you don't
care about and for whatever reason they but then the second that somebody stands up and says
hey you suck you've got bad vibes the whole crowd turns on them and the vibe check is very uh very

(34:07):
effective it's very effective and uh in many ways it gives people permission to to not tolerate bad
vibes yeah shout out to bitpain he is like the uh he is the chief of vibe checker on the timeline
He kind of stays out of most of the back and forth, the node span and stuff.

(34:28):
But once he comes out and vibe checks, it's usually a signal.
I mean, he's a vibes tastemaker, really.
And as one of the founding, you know, as one of the co-founders of Vibes Capital Management,
like I really look up to him as that kind of as a vibes leader, right?
um and and i think it's uh your your the earlier point that was made about people with good vibes

(34:51):
don't necessarily feel the need to like make their good vibes like known because like that
would be a bad vibe to be like you don't need to shove your shove your vibe in other people's faces
if the vibes are good like good vibes are self-evident and kind of self-perpetuating
but the people with bad vibes because their vibes are so bad they need to get out there they need to
be pushing what they don't realize as because of course nobody thinks that they have bad vibes

(35:15):
right everybody thinks their vibes are good but some people's vibes are bad and some people's
vibes are good and the people with the bad vibes it's like the normie that doesn't know they're a
normie like people with bad vibes don't know they have bad vibes mid curvers don't know they're
mid curve as american hodl hodl said and i always like to say hodl hodl just because one is the
correct pronunciation one is how he identifies and i told him i will respect that absolutely

(35:37):
but like the normie doesn't know they're normie the mid curver has never heard of the mid curve
you know of the bell curve meme like the bad vibes person doesn't know they have bad vibes
they think their vibes are good or they've probably just never even heard of vibes period
maybe that's it they actually just don't even know that a vibes based perspective of the world exists

(35:57):
when in fact everyone with good vibes knows that that is the only way to progress through the world
and so you almost feel bad for these people because it's like the you know it's it's like
they're they're they're colorblind but but they don't know it and they and they wouldn't even even
if you told them they were colorblind they wouldn't even know what a color is they can't
even conceptualize of what they are blind to because they literally have no way of knowing
it like your vibes blind basically did we just quote a new term vibes blind i think we like yeah

(36:22):
it's it's um and a lot of people have heard of vibes but they don't understand them and it's
kind of like uh the comparison i would make would be like the guy who wears the this is what a male
feminist looks like t-shirt and goes to the bar and he's telling women he's like i'm a male feminist
i stand for women's rights and if you really were an ally to women if you were out there making your

(36:47):
note available for women to use uh in a safe and secure manner you don't have to tell them
they you don't you don't have to advertise good vibes good vibe like you said it correctly
So good vibes are self-evident.
And kind of anybody who comes into your sphere, into your gravitational pull, will sense those good vibes or they won't.

(37:12):
And you also can't, if you accuse them or if you are accused of having bad vibes, there's no defense against it because vibes are, it's an instinctual thing.
You feel the vibe in your gut.
And it's either good or bad.
and you some people are better at trusting their gut or being able to you know parse signal from

(37:36):
noise when it comes to their instincts but at the end of the day one of the easiest ones to sense
is the vibe you feel it in your gut and you know it pretty instinctually yeah it really is like
i wondered that i would love to see a study as to how vibes based assessments can actually be
trace back to the microbiome of the gut. And I did hear that RFK Jr. is working on this. It is part

(37:58):
of kind of his Maha movement is really tracing that, you know, those vibes based assessment and
the creation of good vibes back to the microbiome of the gut. How many Marlboros a day and how many
Miller lights a day do you need to ingest in order to achieve the perfectly balanced microbiome?
I don't know. The scientists are working on this. I'm not a scientist. I'm just a podcaster.

(38:19):
It's a harder job than scientist.
I think that a lot of people don't talk about this.
And it's, you know, it's nice when you can have Bitcoin podcasters podcasting about Bitcoin
podcasting because we're some of the few people it's like, oh, doctors are out there, you know,
saving lives, undoubtedly, but they can only save one life at a time.
How many lives can a Bitcoin podcaster save with just one Bitcoin podcast?

(38:42):
And the pressure that that puts on you, it can be overwhelming at times.
and that's I think also why the good vibes are so important because good vibes save lives and bad
vibes kill people and that's just the reality of it it's very important to understand the
responsibility as a bitcoin podcaster that we all play and there's a lot of people out there that

(39:06):
like to turn their nose ups to bitcoin podcasters and they like to dismiss it and I think instead of
saying that there's too many bitcoin podcasts or bitcoin podcasters suck or you know whatever it is
like have some fair criticism of individuals if somebody is doing something you don't think is uh

(39:26):
good then criticize them for it and in and try and encourage them to be better because
realistically you know you could have a massive impact on somebody's life and the choices that
they make because you're talking about a subject that actually matters and in very few people in

(39:50):
the media ecosystem are talking about subjects that matter right now very very few and it's just
important to understand that like you you need when you're when you're going into the podcast
studio you need to understand that if you're taking this seriously
you might be in a history book someday the children in the citadel schools might be reading

(40:17):
about you like they read about the founding fathers like it's not do you want to be a
benedict arnold type person or do you want to be oh sorry now here i am cutting off a fellow
bitcoin podcaster a thousand pardons sir continue it's just all it is is it's a big responsibility
You'll have to think about the legacy that you're leaving and the consequences of the things that you do and say it's an absolutely massive responsibility that we've undertaken by engaging in the media world.

(40:52):
yeah i mean peter mcormack changed my life i came in guy swan literally those were the two bitcoin
podcasts that i started out with because you know as an american like listening to a british uh a
british person because just of that like you have a little bit of that uh colonial mentality still
where you think they're automatically smarter than you and then you once you meet enough british

(41:15):
people you realize oh no okay i see what's really happening here um but peter peter's different
But look at Peter. He's gone from Bitcoin podcaster to now Bitcoin Batman to maybe saving England.
So, you know, don't tell me that Bitcoin podcasters can't change the world because I'm watching it happen every single day.
And it's beautiful.

(41:36):
Yes. And Peter is a great, I agree with you.
You know, there's a lot of people still today who will have a lot of criticisms of Peter McCormick.
And I think all those criticisms have already been discussed on Bitcoin podcasts for the past five years.
But no Bitcoin podcaster is perfect.
Everybody is going to make mistakes.
But what he didn't do is he is the platonic ideal of a good Bitcoin podcaster is someone with a child's mind.

(42:05):
Peter approached every episode, every interview like a fresh noob.
He doesn't understand Xbox.
He doesn't understand how to run a node.
I don't think you could ever figure out how to open and balance a lightning channel and people criticize him for things like that.
But, you know, it's important to have somebody ask questions from that perspective, because that is what all these listeners are thinking about over and over and over.

(42:31):
Now, how many times you watch BTC sessions with his A.I. muscles doing like a hardware wall tutorial.
When you go to do it yourself, the stakes are much higher because it's your SAT.
It your money It your savings So when you doing every little connection every little setup some people you know they sweat their hands are shaking because they don do it often enough

(42:53):
But there's also to take into consideration,
like the criticisms I talked about of Peter,
because some of them are fair.
When you are a Bitcoin podcaster,
a lot of times the Bitcoin podcaster themselves
actually plays into that, you know,
dismissive, condescending attitude about a Bitcoin podcast
I'm just a Bitcoin podcaster.

(43:14):
You shouldn't listen to me.
I'm just a Bitcoin podcaster.
You shouldn't get your advice about how you're going to spend your life savings, but the people do.
And that's why, you know, when I say Peter, you know, changed my life for the better and for the worse.
I mean, I was on BlockFi.
That changed my life.
But I'm a Bitcoin podcaster now, and it's the best decision I've ever made, which definitely outweighs the BlockFi stuff.

(43:40):
I think the best decisions, at least for me, the things that have been most impactful in my life,
it's like meeting my wife and marrying her, having a beautiful child together,
starting a Bitcoin podcast. And after that, it's like the level of impactfulness of life events
just drops off a cliff, right? Because those are kind of those foundational events, those trifecta

(44:03):
of events that once you have those, it's like, you're pretty well set. Like directionally,
your life is on the right track. And I think it's a very important thing about the, I think about
this a lot, you don't want to fuck over your fellow plebs, right? Because every Bitcoin podcaster,

(44:23):
most of us anyway, we're once plebs and we still are plebs. And this is why I start off every
episode with a prerecorded version of me saying greetings and salutations, my fellow plebs.
because like we all start from there.
Maybe there's a couple of us who didn't,
but okay, by and large, we all start from there.
And the last thing you ever want to do
is to screw over your fellow plebs.

(44:44):
You don't want to fuck them over.
You don't want to screw over the people
who have put their trust in you,
who give you part of their absolutely scarce 40 hours per week.
They're giving you a piece of that.
I mean, 40 hours per week,
that's more scarce than Bitcoin in many ways
because what does it come down to?
That's a piece of your life
and your life is certainly more scarce than Bitcoin.

(45:05):
Furthermore, your life is necessarily an unknown scarcity.
We cannot know when we will die, but we know that we will.
We could die tomorrow.
We could die during a Bitcoin podcast.
Knock on wood.
Let's pray we don't, right?
Live to podcast another day.
But the important thing is that when somebody gives you
part of their 40 hours per week,

(45:25):
they're giving you part of their life.
They're giving you part of their absolutely scarce time
that they do not know exactly how much of it they have,
but they're giving part of it to you.
What will you do with that responsibility?
I think it's incumbent on us as Bitcoin podcasters
to make sure that we are,
they are giving us value
in the form of their time and attention.

(45:46):
We need to make sure we give that value back.
And then so that they in turn
give more value back to us in the form of sats,
which is also an expression of their life, time, work, et cetera.
And then again,
you have this beautiful circular economy of Bitcoin podcasts.
And I feel like that's just, it's not talked about enough.
We hear about these physical circular economies.

(46:08):
What about the Bitcoin podcasting circular economy?
You know, but who's going to talk about it except Bitcoin podcasters?
So I guess really that's our fault.
Wow.
Just got myself there.
Yeah, I think you're a wonderful example, Walker.
You've got a hot wife that likes Bitcoin.

(46:32):
you got gray hair got a great sounding voice you've got a good lighting setup
take me to dinner first come on you hang out with bitcoin podcasters quite a bit
and and the world needs good examples
you can just start a bitcoin podcast too that's what i that's what i try to remind people it's

(46:52):
like it has never been more accessible to become your own media empire and that empire doesn't have
to be huge. You can create an empire of just a few people who are listening to you. But if you
are still part of their 40 hours per week, you're making a difference. And from an economic
perspective, you can really get started with a high quality podcast for pretty darn cheap. I mean,

(47:15):
granted, priced in Bitcoin, will the cost of your podcasting equipment eventually buy you
a multifamily home? Yes. But these are the sacrifices you have to be willing to make as
a Bitcoin podcaster. You are sacrificing some sats in the present to leave a legacy of Bitcoin
podcasting into the future. And I think that that's important. And for anyone who is like,

(47:36):
well, what gear do I get? If you go to Bitcoinpodcast.net, which was an available domain,
thank you very much, as was titcoin.org. Fun fact, you know where titcoin.com redirects to?
It redirects to mises.org. I did not buy that one. It was already redirected to mises.org.
So when people say, oh, Titcoin, that's inappropriate.
Like, I don't know if you're exactly the flavor of podcasts we want to sponsor with our fiat dollars.

(48:00):
I say, that's fine.
I'd rather be in league with the Mises folks anyway.
But I digress.
Go to bitcoinpodcast.net slash gear.
And I literally put together a whole list of gear that you can get, which is pretty cool.
And you can, like, work your way up to one of these sweet roadcasters, too, which has, like, fun little things like a trombone by pressing a button.

(48:21):
What a world we live in here.
you know it's amazing i've got some other stuff to this i gotta add more
yeah we need to incorporate more of that actually but we do it's important also to know
that you don't have to be hot like you to start a podcast uh there's a couple guys a couple guys

(48:41):
in the the group chat that we mentor and some of them say they keep saying they're going to start a
podcast soon one of them you know he's waiting to he's waiting to fly to turkey to get the hair
plugs to fix his bald you know his bald spot it's before he starts his podcast yes exactly before he
starts his podcast i'm like listen man nobody's gonna be listening to you or watching your podcast

(49:01):
when you first start your first x amount of episodes it's for you know finding your voice
becoming proud of yourself uh you know finding a sponsor coming up with a good logo there's so much
more to be to being a bitcoin podcaster than just being hot and it there's so much involved
and people take it for granted.

(49:22):
They dismiss, they think, you know,
I've heard a lot of people say,
well, you know, this guy,
a Bitcoin podcaster figured it out.
I can figure it out.
Don't be so sure
because Bitcoin podcasting involves
a lot of technical editing.
You have to deal with terrible user experience.
You know, we're using Riverside right now
and well, boy golly,
I don't have to tell you

(49:42):
if you've used Riverside before
that it's not a smooth sailing ship.
You got to figure out Zap.Stream.
You got to figure out Noster.
You got to figure out fountain.
If you think those work every time you're trying to use them, you're in for a surprise.
It's not it's not easy.
And part of becoming a bit of proud Bitcoin podcaster who has something interesting to say, who has something insightful and valuable to say is going through all those steps, conquering the bad user experience of the podcasting frontier and being able to be that good example that other people can follow.

(50:20):
I would actually love to talk about you guys a little bit because I want to say I'm so stoked that we're doing this right now because I have very closely followed and respected the work that you guys have done.
As a fellow satirist of sorts, I used to do more in the satire space when I had my smoking hot wife by my side before I knocked her up and she produced a beautiful little offspring for us.

(50:46):
But that was our shtick, right?
Was the satire side of things.
And now, you know, our satire was a different form of it, right?
It was a little bit more in your face.
I would put you guys akin to the Babylon Bee of Bitcoin.
You know, and I mean that as the highest form of praise.
If I wanted to insult you, I'd call you the onion of Bitcoin.
You know what I mean?

(51:06):
You're like, you know, they used to be okay, but then like you get a little older and you're like,
what are, these are just stupid liberal jokes that aren't even funny.
Like that's kind of what I feel like.
The onion still has a chance, right?
But like for now, it's just like, ha ha ha.
That's, that's, it's like, it's fine.
It's like the left can't meme, right?
Because, and I'm digressing it, but the left can't meme because you need to have fundamental

(51:26):
truth on your side in order to be funny.
And if you don't have fundamental truth on your side, you're just doing like this weird,
like, uh, like just like appealing to like the Karen common denominator of like, anyway,
you guys fucking crush it.
And I appreciate the work that you guys do because it brings something that is the exact
reason that Carl and I started making videos in the first place for Bitcoin, which is people,

(51:50):
it helps people not take themselves so seriously. And it brings a little bit of a lighter atmosphere
to Bitcoin. But most importantly, through satire, we can ultimately find truth. Because satire only
works when it is true, right? And so can you guys, here I am going into Bitcoin podcaster mode.

(52:14):
I kind of want to know the story as much of it as you're comfortable with telling without any doxing or anything like that.
But like, what was the moment when you guys were like, we're going to start the Bitcoin bugle and we're going to take this goddamn world by storm?
Um, I started it probably about a year before Rod joined me.

(52:35):
And when Rod joined, it really started to accelerate in 2023.
i mean the big thing is is just i i didn't see people making things that i wanted to see made
and i felt like i had with my credentials i had something to offer the world and um there wasn't

(53:02):
really an intention of going anywhere there wasn't really an intention of uh doing anything
because I was just doing it for myself because I wanted to feel good about the way that I was using
my time I wanted to be able to use my brain in a way that I thought was you know productive and
useful instead of working you know for somebody else or promoting somebody else's agenda I wanted

(53:29):
to promote the things that I thought was important and it just kind of evolved from there
uh rod rod joined uh i'm not i'm not sure when shortly after uh he started writing a bunch of
banger articles uh we started podcasting and i think that's when things really took off
uh it started getting exciting i think this is what we're seeing you know industry-wide a lot

(53:57):
a lot of these companies need to realize the importance of a good uh good bitcoin podcast
that's really where things take off in my opinion the other the when i joined in part of my
motive for for joining the bugle was it was the end of 2023 and anybody who remembers the culture

(54:21):
of the podcast space bitcoin twitter back at that time it was there was some similarities to what
we're seeing today which is everything that seemed to be boiling down to a conspiracy that
or any drama in the space the bitcoin space particularly seemed to be boiling down to a

(54:43):
conspiracy and everybody immediately thought this is swan's fault this is anti-swanism
this is what and it was i i i had no intention like i i didn't richard has said this many times
but I agree with it. It's like, stop making me defend Swan Bitcoin. That's not where I wanted.
I don't want to get online all day and defend Swan, defend Corey, defend, you know, against

(55:07):
Plenitor. Right. But the problem I realized was that people don't have enough create. They don't
have enough imagination. They don't. We talked about this. You know, it was in the news this
week, right? Like the Tylenol, it causes autism. I think it's like Tylenol SSRIs. It's dampening
our ability to read the vibes correctly.

(55:30):
And maybe that's kind of what autism is a little bit.
It's the inability to navigate complex vibes.
And when you get into some of this, you know, the Bitcoin starts to scale as a culture, as
an industry, the vibes get a little bit more complicated.
And there's a whole lot of problems.
There's a whole lot of, and not everything's a problem.

(55:51):
There's just a lot of situations where you can't just blame podcasters.
You can't just blame Swan.
It is.
Some people are selling their own bags.
Some people are exploiting the, you know, the rowdiness.
A lot of times, Bitcoin Twitter, that everybody gets the zoomies and they just want to like
go crazy and retweet and dunk on people.

(56:11):
And not everybody can speak on monetizing.
That's what's happening right now in Bitcoin.
It's like nobody really is.
You can't take what they're saying at face value because they have special incentives
and they might act really emotional or very angry or like something is very serious because they're
trying to sell you the solution and just telling the truth from a slightly different perspective

(56:36):
sometimes is all it takes because it's you know people say oh you're making these stories it's
called satire and you know one of the people that responded to your uh your post announcing
our thesis asked when are they going to be funny well my job's not to be funny my job is to
I'm a journalist.
And you know you're doing good journalism when you're stuck between these two polar opposites.

(57:01):
Some people say, we love you.
You're so funny.
We're not trying to be funny.
We're trying to report the news.
And then the other people say, when are you going to be funny?
I'm not going to be funny.
I'm just going to report the news.
So it's a win.
It's a lose-lose situation to catch 22.
But I think to boil it all down, it's I just want to tell the truth in a way that people identify with maybe a little bit better.

(57:31):
And sometimes that's all it takes to kind of break the cognitive dissonance or start the process.
And I think that's what good journalists should try to do.
Yeah, there was a while ago where.
sorry that was from our live studio audience there was a while ago where plettered or uh

(57:53):
you know was throwing some backhanded uh insults at us you know talking about wanting to
do a comedy show and you know when people get grumpy and they they criticize us i enjoy it i
really enjoy it like i i want nothing more than people to receive hate mail uh or to send me hate
mail like i think there's somewhere on our website that says like if you have like complaints send it

(58:18):
to you know this email address and i don't think anybody's taken us up on that except for um
maybe bit deer one time didn't like a story that we did they had their pr firm uh
send us a notice but um other than that uh we got some but a lot of hate mail for maxi madness
but but they they posted it on twitter they didn't send us the email like i i want it to be more

(58:43):
personal and i want it to be well thought out but you guys need a p.o box so people can just just
just let's get back to good old-fashioned physical hate mail and not just that but like real crazy
psycho stuff like people taking you know cutting apart bits of magazines and you know kind of
paper mache-ing together a really like you know really creepy letter to you guys and you know

(59:07):
like and you know stealing with putting some hair in there but like it's like it's goat hair and it's
like what does that mean you know and like like get creative with your hate mail you know it's just
it's that too much to ask apparently it is but because people aren't willing to put in the proof
of work is what it comes down to yeah i just think where i'm coming from is i'm doing this for myself

(59:28):
I think Rod's doing it for himself too.
We're trying to find good use or good ways to use our scarce time.
We both enjoy this.
We both think it's a good use of our time.
That's our agenda.
And I think that's unusual for people and they don't understand it.
And my response to the hate mail is either there's two things that you can do.

(59:49):
If you don't like what we do, then go promote something that you do like or do it yourself.
and it's like i don't feel threatened by that i don't it i just don't think a lot of these people
are capable of doing it and i enjoy i want to enjoy watching people get grumpy uh by credential

(01:00:16):
journalists and uh you know trying to assume there's this guy um what's his name rod that's
that's been really grumpy with you the the monk guy uh yeah uh he's a i don't want to say the words
something monk let me find but yeah is it a silent k word or is it a okay i love it i i hope he keeps

(01:00:43):
on sending the hate mail but i i like to encourage him to do something go start a podcast go go get
do some sort of thing that's creative write comic books or you know whatever it is
make bird houses like you use your time in a way if you have something if you think

(01:01:03):
that rod sucks and can't be trusted then do something productive and and put your
your signal out there and hopefully use your brain in the process like i think that's the
that's kind of one of my missions and goals because when i look around at our culture i look
I see the open mouth thumbnails.
I see people either being for or against Taylor Swift.

(01:01:27):
I think both are, I understand why people like Taylor Swift.
I think the anti-Taylor Swift crowd is kind of interesting.
I see a lot of people, you know, kind of latching onto these teams
and attacking the other team with their team.
But they're not really doing a lot.

(01:01:49):
they're sitting in the peanut gallery just like throwing mud uh and i find it uninspiring
i find it really uninspiring and uninteresting and my hope is that if anything we could inspire
people to to think a little bit better to make memes better to be more creative to be more

(01:02:13):
interesting to choose where they give their attention a little bit more critically so that
they're consuming things that are more wholesome uh because i think that's ultimately where we get
to a good place is like i want good movies i want really good movies i don't i don't want to see the

(01:02:34):
same disney reruns um i don't want to see a live action of everything that was made like 50 years
ago i want to see new and novel ideas and and people taking risks and and and there be being
an audience that's willing to support people taking risks and trying things that are different

(01:02:55):
and uh and i think that's the way you change it is you just you become the audience for that stuff
which is why i listen to 40 hours of bitcoin podcast is like you don't like the the cia dribble
that's being shoveled down your throat you know telling you to think one way or another way
in the the mainstream media uh well if you if you support the cia dribble that's being shoved

(01:03:21):
down your throat with uninspiring podcasters like lex friedman and you know these other guys that
just are really lame then find the stuff that is high signal and promote it because those guys like
we had David Bennett from the Bitcoin and podcast on our show this week.
And I really like him.
I think he's really high signal.

(01:03:42):
I,
I've liked him for a long time.
I've listened to his podcast for a long time and he just doesn't have the
advantage of getting a lot of reach,
uh,
that other people do.
And I think,
you know,
part of our responsibility of having a platform is collaborating with people
that are doing interesting things.

(01:04:03):
Like if my goal is to uh support things that are thoughtful and creative then I have to work with people that are thoughtful and creative and try and engage with them as much as possible
And I think we can make a sizable difference.
I mean, this is like the exciting thing that Bitcoin teaches people

(01:04:26):
is that you can be an active player in your life.
You can be an active participant in the world
that you can go out there and just do things
that you don't have to sit around for permission from some guy that went to Epstein Island.
You can choose what you want to do, pursue it, and actually fight for it,

(01:04:50):
and you have the tools to be able to actually engage in the fight and be successful in it.
That's the exciting thing about Bitcoin.
Not that it's going to magically change everybody else's opinion.
because they all will come to the conclusion that they have to read the Bitcoin standard

(01:05:10):
and listen to Danny Knowles or, you know, whatever it is.
It really is an exciting thing.
And this is part of the reason why.
So I give like two pieces of homework to all our listeners.
Well, I guess three.
Listen to 40 hours of Bitcoin podcasts a week, smoke cigarettes, and read Atlas Shrugged twice a year.

(01:05:33):
and I think if you do those three things
you're going to be incredibly successful
in the fourth turning
you'll be able to survive it
you're not going to be
you're not going to be
you're going to be incredibly successful
at the end of
at the end of the day
if you want to make a difference
you need to start a podcast

(01:05:53):
you need to be listening to podcasts
and starting a podcast
there's an outdated
you know
saying or whatever the man in the arena the man in the arena is you know that was fine 100 years ago
and now it's the man in the studio the man's studio is the one reshaping the world or he's

(01:06:16):
going to die trying essentially god damn guys
to that i'd just like to say amen and thank you to our my not sponsor but maybe someday
ice cold Miller Lite uh genuinely I think that's uh you just dropped an incredible amount amount of

(01:06:41):
of uh of good vibes and insightfulness
I think that people when they see content that they view as like being quote a joke
they assume it's just like oh that's just from the funny men those are just those are just the
funny men over there, you know, like dance, funny man, dance, you know, you make me laugh now,

(01:07:04):
funny man. And people who are not funny, but who only ingest funny things created by other people
don't have any conception of like how, uh, how actually intelligent you need to be and how much
you need to understand something in order to make it funny. Like making it funny is not, you don't,
you don't set out like, how do I make this funny? It like, you know, it's, you're, you're telling

(01:07:28):
the truth in such an obvious way that people may view it as being funny, but that's only because
the absurdity doesn't come from the content itself. It comes from the nature of reality around it,
right? It comes from the fact that whatever you're talking about is in and of itself
so contradictory or so absurd or just so funny that simply stating what it is,

(01:07:54):
is funny but again as you guys said it's like you're not that's not what you're trying to be
you're just trying to tell the truth right i think it's really i think it's fucking beautiful guys
i fucking i fucking love it and we need more crossover episodes by the way that's that's
one thing i've been trying to promote ladies more bitcoin podcasters going on other bitcoin podcasts
talking about bitcoin podcasting because this is that circular bitcoin podcast economy this is how

(01:08:18):
we really like this is how we orange pill the world right when everyone's a bitcoin podcaster
then no one is a bitcoin podcaster and then we can finally rest you know but until then we've got
work to do guys you know just to wrap up that point you made is there's a lot of people
and who if you're if you're anything like me your inbox on multiple platforms on multiple ads is

(01:08:40):
always full notifications from people sending constant streams of quote-unquote funny memes
to your inbox and if people kind of have this like they start to get to this point where if
They're the one finding all the really funny memes.
And they start to feel like they're the funny one.
They are funny because they are the ones who find all the best memes and send them to you.

(01:09:02):
It's really, you're just sending the news to people.
And they're finding the absurdity of the world we live in right now funny.
And that's kind of like the meme, like the joke or the clown.
is you know he's got the smiling paint on but really he's sad and to be i think to create original

(01:09:26):
content that people do find funny i think you have to risk being in the sad clown because it is a uh
it's a it's a lot of work to take the really terrible stuff that's happening in the world
right now and making it funny so you can get your family members or your neighbors or your
co-workers to actually pay attention to it if you can make them laugh they'll actually pay attention

(01:09:47):
to what's going on and most of me people are trying to be like this is all one of the abisteen
stuff oh yeah but let's look at this and it's like it's really depressing but if you can make
it funny they'll pay attention it's so true i think it actually making things funny is what
makes them sticky right like that's that's what makes it like it's it's like one of the reasons

(01:10:08):
like somebody i just think uh gone too soon first of all but just an iconic generational talent that
I don't know if the world even deserved is Norm MacDonald.
Just like truly a, like what a fucking legend.
The guy could, he could speak two words.
It didn't matter what he said.
He could just say like, hi there.
And people would just die laughing because there was something, but he's, that's not him trying to be funny.

(01:10:30):
That's just who he was.
But things he said, they stick, like they stick with you and they cut through, they cut through all of the BS and the noise that's out there.
And they stay with you for a long, long, long time.
Because they are funny in a way that you can't even quite describe, right?

(01:10:50):
Like to describe it makes it no longer funny.
It's like back to the vibes.
And when you were saying earlier, like, you know, you can't, like, basically the vibes are the Tao or the Tao, however you'd like to pronounce it.
Like if you try to, you know, you try to describe it, you can't.
And to know the Tao, you just simply know it.

(01:11:10):
But it's also unknowable.
And if you try to, you'll never know it.
And I think that's also the way with like good, really good humor.
But for people that are like, how do I say this?
People have gotten so used to having everything spoon fed to them 24, 7, 365 in super digestible, super instant gratification, goldfish brain format where we're scrolling forever on an infinite, infinite loop.

(01:11:42):
of extremely like visually appealing and, and, uh, you know, hook based, uh, content,
you know, getting, getting, cause you got to get that hook in first. You got to hook them in those
first five seconds and they're not going to pay attention. They've gotten so used to consuming in
this format, but like that format, I think it strips so much actual meaning out of so much content.

(01:12:05):
And this is one of the reasons that, that long form podcasts are actually still, you know,
actually still so important is because there is actually room for nuance.
There is room for depth.
And in order to make it through an entire podcast,
you have to make it through an entire podcast.

(01:12:28):
You have to take a significant portion of your time.
It is a commitment to something.
Whereas when you're just infinitely scrolling and yeah,
sure you don't remember what you,
what you spent the last five minutes on,
but what of it,
You know, it doesn't matter.
And it's only, it's only a minute per, per video, whatever.
And then somehow you've spent the entire time that you could have spent ingesting a 90 minute
podcast, flipping through mindless reels that you're never going to remember ever again.

(01:12:53):
And this also just to bring it back full circle, this relates to the comedy side of things
because often in order to set up a truly, set up a truly great joke or to create something
that is truly funny on like a, on like a, wow, makes you rethink your worldview kind of level.

(01:13:13):
It takes time. This instant gratification slop that is out there. That's not even AI generated
slop. It's human generated slop. It just cheapens everything. And it's very fiat as well, right?
Like Bitcoin podcasts are low time preference, Bitcoin adjacent activities, shorts, reels,

(01:13:35):
TikTok, whatever, are high time preference, fiat adjacent methods of consuming content.
And I don't even know where I was going with this because as a Bitcoin podcaster, it is part of my right, my Satoshi given right, that I can rant and go in.
I can do the weave, as Trump would say.
I can do the weave.
And I don't actually ever have to bring it back to the original point.
I don't even have to know what the original point was.

(01:13:57):
But it's about the journey to get there.
Let me summarize what you were just saying for you.
Would you rather listen to an hour of signal by Lynn Alden, or would you rather scroll through TikTok macro?
What's going to have the most value?
I think we all know the answer to that.
And it's not even close.

(01:14:18):
I don't know how Lynn Alden packs so much signal.
speaking of lynn alden in 13 minutes uh we are premiering the first of its kind
dungeons and dragons themed bitcoin campaign uh i've been waiting for this it's it's going to be

(01:14:38):
pretty sweet lynn alden is a part of it that for anyone that is listening is like i don't understand
what lynn alden has to do with this uh tatum turnip is the dungeon master myself my smoking
hot wife are also involved. Steven Lubka, Paper Bitcoin Summer maximalist. Mags will also be there.
This has been prerecorded. This was recorded like last week. I took over the Herculean task

(01:15:02):
of actually getting it published because as we know, Tatum Turnip, love the guy to death,
but he has a history of recording really hilarious content and then keeping it for like multiple
years and never releasing it. And I just, I couldn't let that happen. So sometimes this is
the other thing as a Bitcoin podcaster and Tatum will say he's not a Bitcoin podcaster. So we'll
forgive him here. He just has Bitcoin shows, right? And that's part of the problem is that

(01:15:24):
self-identification. He needs to start identifying as a Bitcoin podcaster. What is a Bitcoin podcaster?
Someone who identifies as a Bitcoin podcaster, but also because they make Bitcoin podcasts.
That's really what it is. Bitcoin podcaster is somebody who makes Bitcoin podcasts.
We'll be releasing this very soon. I don't know how many people are live here on ZapDot stream.
I imagine it's something like four or 500,000, I'm guessing.

(01:15:45):
I haven't looked at the numbers, but it's probably pretty large.
So anyone who's listening, you'll be able to watch this shortly.
It'll be live.
And I think this is another example of, and I love that Tatum put this together,
because it's an example of a way to get people into Bitcoin without taking it too seriously.
Do we need very serious Bitcoin podcasts?
Absolutely.
Do we also need things with a heartbeat of Bitcoin that are kind of Bitcoin adjacent?

(01:16:13):
Like, you know, talk about Caps Lock Moonboy tweets.
What happens when we have millions of D&D fans who are all of a sudden orange-pilled to Bitcoin?
All I'm saying is buckle up.
Here we go.
Trillions incoming.
Are you paying attention?
Yeah.
Yeah, go into the moon with this.

(01:16:36):
I think that really the next wave of Bitcoin adoption, while it could be boomers watching
Bitcoin QVC, it could also be D&D players who are now going to be listening to Bitcoin
podcasts accidentally.
They won't even know they're listening to a Bitcoin podcast because they think they're
just listening to a really hilarious and awesome D&D game.
They're not.
They're listening to a Bitcoin podcast.

(01:16:57):
They just don't know it yet.
And that's how you get them started.
You know, it's the foot in the door, not the door in the face.
I'm excited for Bitcoin Comic Con.
It's basically what Carla has been essentially doing on her own this whole time is just getting ready for Bitcoin Comic Con.
Just cosplaying constantly, you know.

(01:17:19):
We need more of that.
Like, less suits, more, I was going to say furries, but then I was like, no, fuck that.
um i was just trying to think i'd like yeah more you guys help me out here we need more something
else something something that is uh something that is the opposite of suits like what was it
entropy well sure more entropy we need more entropy in body yet we need furries we need uh

(01:17:43):
comics people who love comic books we need you know muscle like gym bros we need old guys who
love old cars we need hot rod guys we need train collectors well we have plenty of those um
we need mumble wrappers mumble wrappers yeah broccoli haircuts we need a lot more broccoli

(01:18:05):
haircuts we need uh i mean i'm just excited about bitcoin comic con i want to see shinobi
do doing a naruto running workshop
i've been trying to get him to teach me for a while but he's hodling his secrets it's kind of
messed up uh typical you know well now that he's got his girlfriends it's like

(01:18:28):
can you know these girlfriends that's that that could be that could be a band i don't know um
i think you make a good point not every not every podcast has to be like the entire conversation
doesn't have to be about the properties of bitcoin the whole time right like and it doesn't have to be
the way i look at it is that bitcoin podcasts in and of themselves are serious bitcoin podcasting

(01:18:54):
is a serious business but that means the bitcoin podcasters don't always have to be serious it's
it you're you don't have to like go out of your way to be serious you're it's already a serious
discussion. So just tell the truth. And it doesn't matter what you say as long as you tell the truth.

(01:19:17):
Amen to that. And it's funny, like, people may think that we're being very tongue in cheek
about like, everyone should start a Bitcoin podcast, we need more Bitcoin podcasts.
I want to clarify for folks who may be confused, because I do often speak in a tongue in cheek way,
I'm not being tongue in cheek here. I'm genuinely being dead serious.

(01:19:37):
I think that if you look at overall podcast distribution, there are so many podcasts.
Most podcasts don't make it past like I forget what it is. It's like 12 or 13 episodes, something
like 80% or 90% of podcasts. Just stop after that because it turns out it's hard podcasting. Like
the failure rate is higher than for physical restaurants, you know, which should tell you

(01:19:57):
something because that's a hard business to run. Podcasting is harder. Again, right up there with
neurosurgery, I would say. But we have so many TradFi podcasts, so many dog shit, low signal,
high noise, just garbage podcasts, giving people terrible, terrible information and not financial

(01:20:18):
advice. But it is financial advice because people are taking it as such. It doesn't matter if you
say not financial advice. That's what people are taking. Like, okay, whatever. But there's just so
much garbage out there. There's so much junk. There's so much noise. There's hundreds and
hundreds of podcasts, maybe thousands that are just about golf, like nothing against golf. I'd
like golf as much as much as the next boomer. But how is it that when we have an open protocol

(01:20:39):
that is the future of money as we know it, that is a paradigm shifting once in a species event
that still has like maybe a hundred or so Bitcoin podcasts, like probably under 200 globally.
Like that's like, that's insane. That's nothing. So when I say start a Bitcoin podcast, I fucking
mean it. I mean it. You, because you don't know who you, who you, sir, I'm looking at you

(01:21:05):
right there in my camera lens, who you might appeal to, what specific person you're hearing,
your podcast might open up an entire world for them because you said something differently or
because of who you are, because they just stumbled across it and whatever you said resonated with
them. You never know. And you can literally change someone's life. I think my life was literally

(01:21:30):
changed because of Bitcoin podcasts. If it wasn't for Bitcoin podcasts, I wouldn't be here today
stacking Bitcoin with a Bitcoin podcast. Like that's just the reality. So start a Bitcoin podcast
because at least make it past like 10, 12, 15 episodes. Do that for yourself. Make it past where

(01:21:52):
90% of people fail.
Do that for yourself.
Commit yourself to doing 21
episodes of a Bitcoin podcast.
If you can do 21 episodes of a Bitcoin podcast,
you can stop or
you can keep going. But I think if you make it to
21, you're going to keep going.
Yep. I say amen
to that. Guys,
we need to do this again.

(01:22:14):
This was
an outstanding experience.
I'm glad we finally got to make it
happen.
but I do have a
world premiere coming up
this D&D thing which is granted
already been recorded but I do need to be
a keyboard warrior in there in a live stream chat
saying hilarious things
and making little puns also
I might get cancelled for this guys because there are

(01:22:37):
a lot and I mean a
lot of clanker jokes
I mean like
to the point at which the Tesla Optimus
bot is going to beat down my
door and be like what did you
say about clankers motherfucker you know and and i'll be like you still you bulletproof yet papa
and he'll be like no and but he'll be he'll already be clanked but i make a lot of clanker jokes

(01:23:01):
uh some version more clanker jokes yeah well i think so i think so there are some that may also
there are some clanker jokes in the episode that may be offensive to uh silent k's if you know what
i mean so i'll leave it at that anything you guys want to leave our audience with

(01:23:21):
i'll just i'll before i go i'll just say listen this is a great podcast and you should uh we
should ditch you on bugles behind the podcast interview series sometime soon because uh
we'll chop it up over there it's a date
dick look forward to it i'm really excited about the dnd premiere i've been waiting i've been uh

(01:23:50):
chomping at the bit i don't i don't know anything about dnd but uh i gotta say i was pretty impressed
with the costumes again cosplay you know this is how this is how we orange build the world is
is not you know it's well it's it's with bitcoin podcast but bitcoin podcast plus bitcoin cosplay
like gradually then suddenly right we're all at bitcoin comic-con or just bitcoiners at comic-con

(01:24:17):
i guess maybe that's kind of a move too why are we not orange pilling at comic-con more okay we
gotta we could go down a whole three hour rabbit hole for that we could spend 40 hours per week
talking about comic-con but alas we must end it the ending of the podcast is always the worst part
for me because i wish it would never stop i wish it could this one podcast this moment in

(01:24:37):
space time this this block on the time chain could to go on forever that we could never find the next
block but the next block is always found eventually and i think we've just found our next block so
dick rod greasy palm appreciate you guys appreciate the work that you do i'm going to link all of your
stuff in the uh in the old show notes so be you know check it out after you've liked and subscribed

(01:25:00):
do you fuck uh no actually you should listen to everyone's podcast on fountain also is what the
last thing i'd like to say um listen on fountain and if you're still listening on spotify or apple
podcasts fuck you but thank you for listening still i really appreciate you giving me your 40
hours per week but just go just go listen on fountain like it's just it's just better bitcoin
or juice fountain so that's all i'll say on that okay i think podcast over podcast over guys

(01:25:25):
podcast over sounds good podcast over
Thank you.

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The Man in the Studio: How Podcasters Change the World | Rod Palmer & Richard Greaser (Bitcoin Bugle)

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}The Man in the Studio: How Podcasters Change the World | Rod Palmer & Richard Greaser (Bitcoin Bugle)