Gary Cardone - Energy Visionary and Bitcoin Disrupter

Gary Cardone, an entrepreneurial titan with roots in Southern Louisiana, draws fascinating parallels between the natural gas industry's deregulation in the 1980s and the digital asset revolution of today. This episode promises to enlighten you on how questioning entrenched practices in energy and embracing competition led to a more efficient market, and why Gary sees a similar future for Bitcoin. Discover how his transformative experiences in the energy sector give him unique insights into the potential of digital currencies to disrupt traditional financial systems.

We discuss the disruptive impact of Bitcoin on legacy financial institutions like Visa and MasterCard, exposing the inefficiencies of the current financial landscape. Gary shares personal anecdotes of challenging the status quo, highlighting the importance of intellectual capital in fostering innovation. Learn about the struggles and eventual decline of outdated systems as newer, technologically advanced solutions emerge. This conversation offers a compelling vision of a future where digital assets dominate, providing faster settlements and greater efficiency.

Explore the misconceptions around peak oil and the strategic advantages of Bitcoin mining, especially in utilizing surplus energy. Gary debunks myths about energy scarcity and delves into the potential of Bitcoin to revolutionize energy markets. We also address the challenges posed by green energy initiatives, the overwhelming regulatory landscape for digital assets, and the critical role of robust digital reporting solutions. This episode is a must-listen for anyone interested in the intersection of energy efficiency and the burgeoning world of digital currencies, offering valuable insights into the future of both industries.

Episode Transcript

Speaker 1 (00:02):
you're now tuning in to the brandon davis show on the
r2r network, where news, cryptoand politics collide.
Get ready for raw, unfiltereddiscussions, fearless insights
and a relentless pursuit of thetruth, from the shadowy corners
of the blockchain to globalpower plays.
Join us on this journey ofdiscovery and defiance, and

(00:25):
remember the only thing we aimto change is your mind.
This is the Brandon Davis Show.

Speaker 2 (00:32):
Gary Cardone, outstanding man, nice to have
you on the Brandon Davis ShowReal quick for my audience.
Maybe you can just tell themwho are you.
Who the heck are you man?

Speaker 3 (00:43):
audience Maybe you can just tell them who are you.
Who the heck are you?
Man, Whoa, That'll take thewhole show up.
Short story man, Just a luckyguy.
I've been around, been in fourindustries and oil and gas
payments.
I've been building businessessince I was 27.

(01:04):
I didn't know I was building abusiness at 27, but that's the
way it ended up and you know, Ithink I had a really cool
platform, had a lot of reallygood bosses and mentors, and
have been fortunate enough justto look at life as a bit of a
business, as a bit of a game and, for the most part, just been a
corporate warrior man.

Speaker 2 (01:25):
Love it.
Where are you from?
Louisiana, southern Louisiana.

Speaker 3 (01:29):
Where?
South Louisiana Lake, CharlesLake.

Speaker 2 (01:33):
Charles.

Speaker 3 (01:33):
Yeah, a little refinery town near Texas border.

Speaker 2 (01:37):
Man.
So what did that look like?
How did you guys get down there?

Speaker 3 (01:43):
Well, I think my family Italian family dad was
from, I think, madisonville,which was near New Orleans, and
then my mother's family wasSicilian, got born on the boat
coming from Sicily.
Wow, landed in Louisiana.
Big Italian population inLouisiana, catholics you know
the whole deal, yeah yeah, yeah,good stuff.

Speaker 2 (02:03):
I've been to Sicily, I've been the whole deal.
Yeah, yeah, yeah, good stuff.
I've been to.
I've been to Sicily, been toPalermo Uh, that's, that's about
all I've been to over there.
I've been to Spain as well.
Mediterranean is beautiful here, um, so I'm going to jump right
into it.
Man, uh, I've done somebackground research on you.
I've talked to you before.
Obviously, I know you, peopleknow about your brother.

(02:28):
What are you trying toaccomplish right now in terms of
transitioning from the energyindustry to being?
It seems like you're reallyworking to be a thought leader
and are a thought leader in theBitcoin industry, the crypto
industry.
What's this all about, man?

Speaker 3 (02:50):
Well, when I got out of college, I had a marketing
economics background and I wasfortunate enough, I just
happened into the natural gasbusiness.
And a year later, this is inthe 80s.
A year later, the FederalEnergy Regulatory Commission a
four-letter agency for I thinkit was Reagan's office was going
through the entire energycomplex saying hey look, you

(03:11):
guys have a monster monopolyposition.
It's basically an oligopoly.
You've made a return on allthese assets of about 20% a year
for centuries.
It is time to open the marketup.
And so what has gotten me very,very interested in crypto?
The transition for me is really, really easy.

(03:34):
I haven't been in the energyspace for probably 20 years, but
I went from energy afterspending 25 years in it and then
went into payments and I sawthe problems with payments, all
the problems with payments theenergy companies had and the

(03:54):
energy companies today have none.
The way electricity and naturalgas are priced has none of the
issues that the entire paymentrails have, has none of the
issues that the entire paymentrails have.
So, spent 25 years in energyhelped.
About 50 to 100 men withattitudes kind of like mine went

(04:15):
into the energy markets.
We were all outsiders and wesaid you know what you guys
cannot do this.
You cannot create a highlycompetitive model because you've
never done that.
It's going to require freemarket specialists like us.
We went in, reformed the ruleswith the regulators in the
United States, canada and Europeand you have markets that have

(04:39):
no friction whatsoever.
They work perfectly and theywork on a 30-day market.
There's no long-term, 30-yearcontracts with blue chip credit
and DuPont didn't have to takeout a bond and literally, exxon
says I want to go drill for oilor natural gas and I'm going to

(05:01):
take the chance on the marketbeing there in the future.
There's not this.
I'll guarantee you a 20% return.
So now we have.
What do we have?
In 25 years, we've created themost dense energy country in the
world through technology andlogistics and
interconnectability.
That only occurs if you're afree market player.

(05:22):
If you're a monopoly player,you can't serve the whole market
.
You're serving one contract.
So this is exactly why Bitcoin.
I am so certain Bitcoin willhave its day, because if we
could do this to natural gas andelectricity, which defines
whether you're a first, secondor third world nation, nobody

(05:43):
needs a credit card and nobodyneeds bitcoin.
So really you follow my point.
I mean yeah, yeah, nocompletely.

Speaker 2 (05:50):
I here's.
Here's what really intrigues meabout your experience.
You're referring to aroundabout 1987, ronald reagan.
He kind of deregulateseverything he introduces.
That I'm kind of curious.
You know what sort of effectson the industry as a whole Do
you see?

(06:10):
Did you see it happen then?
And then what are you going to?
What do you expect to see withthe crypto industry now as we
enter a period of regulation,like you know what's that look
like?

Speaker 3 (06:24):
Well, first off, it's been since, as you said, 1987.
I spoke to my mentor, who isnow the chairman of the board of
Williams Pipeline WilliamsEnergy Company, biggest
integrated Biggest in the world.
Biggest energy company in theUnited States, for certain, and
they move all this productaround, they refine it, they

(06:45):
clean it, they ship it.
They've got a trading operation, he told me.
He said, gary, we just bought abusiness for $25 million.
That had been the question hewas answering.
Was this question?
Hey, steve, when we were doingthis, he was 28, I was 27.
A bunch of 30-year-olds.

(07:06):
This is who changes industries.
It's the 30-year-olds,22-year-olds who, by the way, we
had no what's the word Formal?
education, fascination orromantic interlude with the old
energy space.
We were like, dude, we just gothere.
Right, we just showed up.

(07:28):
You guys have been in thesecountry clubs for 20 years.
Hell, we don't even like golf.
And that's the way most ofthese industries are built,
right?
They're built to pretend to becompetitors.
Who's really a big club and JoeConsumer's paying for it?
Right, club, and Joe consumeris paying for it?
The question I asked him was wegrossly underestimated the

(07:49):
opportunity.
We built a $30 billion companyin seven years In the 80s that
was real money back then andrestructure the way four
continents play with theirenergy.
What is happening now?
Have the oil companies finallygot it?
And he told me he said, dude,we bought a company for 25

(08:10):
million that had never mademoney and the next year we made
a quarter of a billion in cash.
So what that tells me is thatif the company has the right
culture, like Williams, theywill survive that transition.
Williams has been aroundforever.
What did they do?
They appointed a CEO that wasin his 30s.
I know the guy.

(08:31):
He's a very, very good guy.
They then went and hired a guylike Steve, who then would hire
guys like me and understand thatthis is going to become a
puzzle, right, whether it'spayments or bitcoin or or uh
banking or or uh etfs.
This is now becoming integratedin the system.

(08:52):
Once you shine a flashlight intoa oligopolistic market where
supply and demand are notspeaking to each other because
there is intervention, they'reintervening, right, whether

(09:12):
Visa's intervening, or they'retreating their buddies better
than they're treatingcompetitors, or Amazon gets so
big that almost Walmart can'tcompete with them.
If Walmart can't compete withthem, what about the other 10
million small merchants?
They can't compete with them.
So I think what we're seeing iswe will see a replication of
what happened in energy and itwill be very profound and all of

(09:33):
the opaque areas in marketsthat should be open and public.
I mean, most of these companiesare very large public entities,
yet we can't find a lot ofclear information.
That doesn't happen in an openmarket.
So when we shine that littletiny pin light called Bitcoin

(09:55):
into some of these spaces, it'sgoing to start showing, it's
going to highlight where all themargins are that aren't
deserved to be made.
I'm cool with margins, but youcan't charge me 30 cents on the
dollar just for sitting there.
Google and they might ban thisshow, but you send me $100, dude

(10:15):
, they're going to take 33 bucks.
That would be a federal offense.
If Visa did that, visa wouldcharge me 3% and I think they're
criminals.
So Google's just taking 30.
It's like, dude, that's notopen access.
Okay, right.

Speaker 2 (10:32):
So this is important.
I want to kind of get into thisfor a second.
So you said that you go toschool, you come out, you're
working for an energy company.
Am I correct in saying that?
Correct, pipeline company, okay, an energy company.
Am I correct in saying that?

Speaker 3 (10:45):
Correct Pipeline company.

Speaker 2 (10:46):
Okay, pipeline company and you.
And then did you say, thisother guy was working for you?
You two created a companytogether.

Speaker 3 (10:55):
No, no, I joined a company Okay, that would be my
first introduction to the oilbusiness and my job in that
pipeline company was to fill, tofill an empty 36 inch wide pipe
that ran from texas, laredo,texas to houston.
So just for people having aframe, because most people don't

(11:16):
understand, they turn their tvon, they turn the kettle on,
they turn the bathtub on well,there's, there's pipelines
running all over the place.
Monsters, someone has to fillthose right, whether it's liquid
or natural gas or crude oil.
My job was to fill two billioncubic feet a day up.
Okay, like and do it with thesebig, complex contracts, 30 year

(11:41):
contracts, where the priceescalates.
All of that went away within ayear or two through this market
change.
And then you would create aspot market.
Okay, and the oil companies?
You asked hey, what was theimpact of this?
We had 43,000 oil and gasproducers.
Went to about 18,000immediately.
Okay, so you immediatelyconsolidate because the

(12:04):
inefficient players don't makeit.
Then now it's about 600 oil andgas producers.
Okay, so it gets smaller.
It throws a lot of like, itfreaks a lot of players out.
But guess what happened?
We might have lost some oilcompanies, but we have lower oil
energy prices.
Interesting.

Speaker 2 (12:25):
That is interesting.
So there's two things I want totake from that.
The first thing is you kind ofmentioned that this is the way
that the oil and gas company hadbeen doing business for so long
.

Speaker 3 (12:37):
Right the industry yeah.

Speaker 2 (12:38):
The industry.
And then you come along andmaybe one of the competitive
advantages that you had was youwere so young and you had a
completely different perspectiveon things, and you talked about
culture a second ago.
So you know, how did you kindof bucking the status quo at

(12:59):
that company translate to youmoving towards this company that
you created?
It was a $30 billion company.
How does that, you know?
How does that all tie togetherand play into everything?

Speaker 3 (13:09):
Well, I think sometimes people don't ask the
right questions.
Okay, and I'm not saying youdon't like me Generally speaking
.
Yeah, in my case, I had tounderstand what I was good at
and what I was not good at andnot interested in.
I also had to know, I had to beaware, that something didn't

(13:35):
look correct to me.
If you were buying 2 billioncubic feet a day, surely you
want to buy it in the cheapestmanner possible, right, sure?
Yet I went to my boss and saidhow much do we pay for this?
I got this pipeline right hereand there's a Conoco just
drilled a well right next doorto it.

(13:56):
What are we going to pay him?
And he's like well, we're goingto pay him $7.36,.
Gary, really, why?
Why wouldn't we pay him sevendollars and 16?
He said ah, dude, we don't messaround with pennies and nickels
as soon as that margin I was 22years old dude, I said two
billion cubic feet a day times anickel.

(14:16):
Yeah, this was six months intothe job.
I'm like whoa.
That's weird.
I never forgot that because theonly thing I learned, other
than how to chase girls incollege, was supply and demand
are the only thing that reallymatter.
Supply and demand, if they areallowed to speak to each other
and they are not muffled.
Now, the economics 101 guydidn't tell me that part.

(14:38):
But when supply exceeds demand,prices fall.
And when demand exceeds supply,prices rise period, maxim God's
rule.
And when you can't, when youdon't have that dude, when the
price is 736 and it keeps goingup, no matter how much supply
there is, you know this isfucked up.
This can't continue this is anartificial market.

Speaker 2 (14:59):
Middlemen, screw things up, screw markets up.

Speaker 3 (15:02):
Well, this middleman spent a billion dollars putting
a straw in the ground and hewanted to make sure that he had
a return, because he's having toreport to his shareholders that
his return is better than theother guy's return that the
shareholder had an opportunityto invest in.
So it becomes a very big cluband all you're doing is

(15:23):
comparing one against another.

Speaker 1 (15:26):
And if they're all?

Speaker 3 (15:27):
using McKinsey, dude, and they're all using the same
metrics.
Hey, we have to pay 736.
We have to pay 736.
Don't you understand?
This is more expensive.
Well, today and 10 years, Ihaven't heard the word dry hole.
In 10 years, in 10 years, Ihaven't heard the word dry hole.
In 10 years, there are no dryholes, dude.
So why would you think youcould continue making assured,

(15:50):
guaranteed margins?
I don't want anyone to beguaranteed a margin.
If you guarantee a margin, youguarantee inefficiency.

Speaker 2 (16:04):
If you make each other compete with each other on
the margin, the market's veryhealthy.
So let me ask you this whathappens to an industry when it
is busted up?
A lot of people say that's abad thing, but, as evidence
would show, over the pastdecades here, it's actually made
a lot of things better, itseems.
Do you think that'll be thesame way with cryptocurrency, as

(16:26):
power might centralize and itgets busted up?
It's just going to make itbetter in the long run.
What are your thoughts?

Speaker 3 (16:33):
Well, I'm not sure that the digital asset industry
gets busted up.
I don't think there's anythingto bust.
I think it's all getting readyto be grown.

Speaker 2 (16:44):
How do you feel about traditional finance getting
involved with this?
I guess that's where I'm goingwith that.

Speaker 3 (16:53):
That is a great question.
I think One of the reasons Ireally like the crypto side of
this versus Bitcoin and I reallydifferentiate these two worlds.
There's Bitcoin and there'severything else, and I love all
these 20,000 tokens for onereason it is going to completely

(17:15):
confuse the legacy guys.
Hey, who should we do a dealwith?
Solana Ethereum?
They're going to waste 18months, two years.
Dude Announce partner dealsVisa's going to do this.
That guy's going to waste 18months.
Two years.
Dude Announce partner dealsVisa's going to do this.
That guy's going to do this.
They have no clue what they'redoing.
Yeah, none of them do?

Speaker 2 (17:32):
Do you think they've felt that way for many years now
with regards to digital assets?
Just not understanding.

Speaker 3 (17:41):
Well, look, you have an issue here.
If you're king of Visa andMasterCard and they are
effectively one company, lastthing you want to do is let go
of your 45% and 51% grossoperating margins.
Can't do that, dude.
As soon as that happens, yourprice on your shares are going

(18:02):
to get.
You know, like Visa, mastercard, that whole industry has paid a
lot of money for nothing.
Okay, there's $7 trillion infees just in fees and fines, and
little little charges.
All so they're handling theirgame very, very well.
They have figured out how tomanage the regulator and pay
fines and stay in the game.
Sure, now you've introduceBitcoin, which, sadly, bitcoin

(18:29):
does not have a marketing and PRdepartment or centralizement.
So they kept talking about howmany transactions Visa and
MasterCard do versus the fivethat Bitcoin did, instead of
saying, hey, visa and MasterCardare not settlement systems,
you're comparing settlement totransaction.

(18:49):
Sure, and Bitcoin is the mostliquid settlement system, 24-7
in the world, and Visa andMasterCard own 72% of the credit
card market, and none of thosetransactions clear or settle for
180 days Period.
Not one of them.
180 days, dude.

(19:09):
Now, this has just been pitchedpoorly.
Okay, the way to break intothese markets has not been done
well.
It is now being done well.
Okay, we're hiring lobbyists.
Now we're getting organized.
We're communicating to thepoliticians with this message

(19:30):
this is three to four millionjobs.
This is not about breaking thefed up.
Hey, hey, hey, let me dobusiness with you, man.
Let me poke you in the eyeballs13 times.
I'm going to steal yourmonopoly from you and let's do a
partnership.
I bought 13 times.
I'm going to steal yourmonopoly from you and let's do a
partnership.
This has been the Bitcoinmessage.
Instead of there's a lot ofinefficiencies.

(19:50):
It is clear to me we aredigitizing planet Earth.
And in order to digitize planetEarth, what does that mean?
We become a rental economy andwe're not going to use legacy
money or any legacy constructthought process to manage the
future of how you and I livetogether.
These tools are inefficient tomanage trillions and

(20:14):
quadrillions of transactions.

Speaker 2 (20:18):
Which is why it's really cool to have a market,
because the market is millionsand millions of collective
decisions that take the place ofthese decentralized planning
and whatever it is, whateverindustry.
So that's that's important,that's powerful.
So let's ask this doestraditional finance see this

(20:44):
digital age, digital asset age,as an existential threat to them
doing business and are theytaking any sort of steps to try
to mitigate that?
Do they want to control it?
Like?
What's that look like anyinsight from anybody if you talk
to, or yourself?

Speaker 3 (21:00):
yeah, so this goes back to your last question.
Um, really about hey, how arethey going to respond?
yeah look, culturally it doesn'treally matter what they do.
Culturally they can't make thismove, they just can't make it.
Guy like me will have a jobtill the day I die, dude.

(21:22):
Yeah, I, I mean literally I, Iit'll be the day before.
Like I have too much experienceand like I'm not trying to say
hey, visa, you're going to loseyour game sooner or later.
Everyone loses theircontrolling position, especially
when it becomes too controlling.
Visa, mastercard and legacyplayers like fossil fuel

(21:44):
companies, machine equipmentcompanies, the adms of the world
.
They must be looking at, uh,micro strategy and nvidia, sure,
going, hey, what the fuck justhappened?
Dude, nvidia makes equipmentand they are now making $28
billion a quarter.
Okay, this is a game changer.

(22:06):
They're multiple 75.
Okay, something is happening.
And the board has to be wakingup, going whoa, dude, we have
COVID, we have relocation issues, we've had to figure out how to
work remotely.
The world is not now going toglobalize.
See, the COVID thing fucked upthe whole globalization deal.

(22:26):
Now that isn't happening.
You blow up a dam, a couple ofpipelines, you start a war, you
start another war and peoplestart to get irritated.
You then sanction two or threecountries, boats, planes, villas
and money, credit card access,banking access.
And now we're all sittingaround going oh, planes, villas
and money credit card access,banking access.
And now we're all sittingaround going oh, wow, can you

(22:48):
believe?
They're going to farm mica andthey're going to farm bricks and
they're going to farm another.
Yeah, no shit, sherlock.
Okay, you stop their bankingcapability.
This isn't the first or secondtime.
This is three times in 30 yearsyou've done this shit to
countries.
Sure, the first or second time,this is three times in 30 years
you've done this shit tocountries Sure.
So embargoes and this kind ofbehavior does not work in the

(23:09):
future world.
The United States is 5% of theworld's total population, we
consume 25% of all the energy onthis planet and we're making
the rules up for everyone thatthat doesn't work in a fractured
, deglobalizing marketplace well, deglobalizing and technology,

(23:30):
technological solutions come tothe marketplace which you can't
control.

Speaker 2 (23:34):
Those and people you know the market's going to
gravitate towards those,especially if you're a country
who's getting beat up, who'sgetting bullied.
You don't have to take thatanymore, right.

Speaker 3 (23:44):
That's right.

Speaker 2 (23:49):
So one thing that I also wanted to kind of ask you
about here what's the publicperception in the crypto world?
The perception of big companiesoil and gas companies, large
corporations, visa, mastercardis that these people are stupid.

(24:12):
They don't know better than me,they don't know better than the
crypto bro.
They don't understand.
My perception is thesecompanies have unlimited
resources, have the ability toresearch and understand things
at levels that no regular oneperson could.
These companies pass downknowledge for decades and

(24:37):
decades and decades, or hundredsof years, and they get better
and better and better, and it'salmost like you're fighting a
Leviathan that you couldactually never really beat at
the ground level.
So I know, you know, watchingsome of your interviews and
researching, I know that youprobably look at this industry
and you shake your head with theamount of experience and wisdom

(24:58):
that you have and say you guysjust don't know what type of
game that you're playing rightnow.
So how do you see yourselfmaybe educating folks about what
the game really is, to givethem that dose of reality?
Is that your role?
Is that something that youbring to the table by being
involved in this movement?

Speaker 3 (25:18):
Um, I don't.
I mean I'll take whatever roleI guess that I can be the most
effective at, but I think thatmy job is not to educate the
legacy players how to do this.
I mean they should have hiredme like 20 years ago.
I mean I have cost some largecompanies a lot of money just by

(25:44):
being there, but the truth is,had they collaborated the first
time I did this in England bymyself, I offered the host
company to.
I said look, let me write awhite paper for you.
They owned a monopoly in theUnited Kingdom it was British
Gas and I said said how wouldyou guys like to control the

(26:06):
entire european energy landscape?

Speaker 1 (26:08):
and they're like dude , that's a good idea.

Speaker 3 (26:10):
Let me write you a white paper.
It was best piece of work I'veever done.
That never saw one day ofoxygenation.
They threw it in the trash canand the basic premise was hey
guys, you need to shit all overthe UK market.
You need to take the price from26 to 8.
Bury the market.
Choke your suppliers up with somuch long-term energy because I

(26:32):
knew they were super long.
They thought I was mad, theythought I was psychopath, dude.
I said, like they threw thepaper away.
I said you understand this isnow going to happen, but it's
not going to happen because youdid it.
Someone else is going to do it.
You got somebody else right andit's probably going to be me,
because you ain't going to stopme from doing this.
This is a beautiful white paper, dude.

(26:54):
Well, the only thing that theylost 3 billion sterling, dude,
the next year Income Excuse me,income Excuse me.
They made three billion poundsa year before.
They lost two billion sterling,which is three billion dollars
at the time, and we made 120million.
See the leverage.
I made 120 in three years, costthem three billion.

(27:17):
That's what the legacy playerdoesn't understand.
There will be 30 of me.
All I need to do is make acouple million dollars the first
year.
In fact, the guy asked me thelegacy player.
This is how these people thinkokay, I have this problem still
today.
I build these little companiesfrom scratch and then $200, $300

(27:37):
, half a billion, a billiondollars, I sell them.
I go to these big companies andthey well, you don't have
enough revenue.
I said, well, I got a millionand a half.
Last year I had half.
Now I've tripled, and then oneday it's going to be three and
then it'll be six and then it'llbe 10.
Yeah, but it's just not really.
It's so slow, it's notsignificant.
I said, yeah, but what ifthere's 30 of us?
Right, if I make a million withthree people, some other guy's

(28:01):
going to go shit.
I'm smarter than Gary.
I think in the chargebackcompany business I built, there
must be 15 companies thatcopycatted what we did after.
And there was at least 30energy players that copied what
natural gas clearinghouse triedto do.
And the ones that made it alltheir cultures were non-legacy

(28:24):
players run by non-legacyplayers who had a bit of a boner
against the legacy players,their cultures.
It would be like sendingsomebody from high school to the
pros, you know, and sayingcompete in there.
And I'm saying Visa, mastercardor the high school.

Speaker 2 (28:44):
Yeah, yeah.
So, with that said, let me askyou this Can I just interrupt
you one other time?

Speaker 3 (28:53):
Yes, you can.
So listen, in order to breachthe Holy Grail, you have to be a
certain character right.
There has to be more gold inthat Holy Grail for you to keep
scratching at the guy thatcreated the gold.
He's just defending hisposition.

(29:13):
Defending is not a winningposition long, long term.
Sooner or later, you got toattack man, and if there's 10,
15, 30, the intellectual capital.
My pitch to the legacy guys hey, you laugh at Bitcoin too many
smart cats like me walking intoBitcoin dude and spending 12, 15
hours a day and deploying theircapital.

(29:34):
You do not Like?
Look at what Elon did to NASA.
Just pour some intellectualcapital on a problem and we will
come up with a better, bettersolution.
Every time, man, I say Ibelieve in humanity more than I
believe in cartels and clubs andconstructs that are made out of

(29:55):
nothing, that are unfair, quitefrankly, to the smaller guy and
that's really me.
I I would rather be known asRobin Hood for the small guy,
because it's unfair.

Speaker 2 (30:06):
It doesn't feel like that's the culture, though, man.

Speaker 3 (30:08):
It's not the culture.

Speaker 2 (30:09):
It's not the culture at all.
They're afraid to release orunleash that human potential on
the world, and it's becausethere's control vectors
everywhere, it feels like.
Do you agree with that?
Yeah?

Speaker 3 (30:25):
The scheme is to get people addicted.
You know, if you look at thecredit card industry, I asked a
guy from Visa once.
Very senior guy said hey, whatis the job of the consumer?
What is his role as an actor inthis matrix that you guys
create over 50 or 60 years?
Remember this is 50 or 60 years.
You guys created over 50 or 60years.

(30:46):
Remember this is 50 or 60 years.
Sure, and for the bitcoiners,everybody needs to remember it
took 50 years for pz mastercardto get seven credit cards in
everybody's back pocket.
Adoption is very hard.
Okay, adoption is extremelydifficult on scale.
So what bitcoin's done in 15years is staggeringly
significant.
Staggeringly.
The progress they have made inthe manner in which they made it

(31:09):
actually gets me so bullishbecause you couldn't have done
this in a poor way, Possibly.
Yeah.
You know, it's just not been.
It's not been orchestrated in acontrolled strategic.
Hey, this is what we're goingto do.
The messaging's been wrong.

Speaker 2 (31:27):
We're going to take over all the payments Price go
up.
People like that too.
That brings a lot of folks.
Yeah, absolutely.
Well, you know.
I want to tie this in.
I'm curious about your thoughtsabout this.

(31:56):
The infrastructure is alreadyin place in terms of energy.
Bitcoin is running on its own.
Have been around in bitcoin foryou know what, 15 years now
some most, most less, maybe like10 years these mining entities,
etc.
At what point are we going tosee major moves from the energy
in this industry to come andgobble up the digital asset

(32:16):
industry?
Because that just seems prettynatural natural progression.

Speaker 3 (32:22):
Yeah, I think it'll be a long time before you see
the American fossil fuelcompanies.
This is why I'm really excitedIf we can get Trump in office.
I've already told him hey look,I'll do four years, I'll work.
Just tell me what you want meto do.

(32:43):
Point me into a division.
I'm happy to go, spend fouryears trying to help, but this
is the problem that the visas,the regulators, our politicians
don't get, including the oilcompanies.
And my message to Trump wouldbe hey look, this is not an
American product.

(33:03):
You have to get your head outof your ass.
We're such a narcissisticcountry it doesn't Wait.
What's not an American product?
Bitcoin?
Yeah, the digitization ofplanet Earth is happening, with
or without America's involvement, and the first fossil fuel
companies that will make Bitcoinwill be sovereigns.
They will be Russia, iraq, iran, all the people we keep fucking

(33:27):
with.
They're going to make Bitcoin.
Why do you?

Speaker 2 (33:31):
think that Because they're trapped.

Speaker 3 (33:35):
Every time they get access to a market, we blow
pipeline up.
So Europe just had access tothe cheapest fossil fuel in the
world, bro, from russia.
Okay, nobody tells that story.
They were buying extremelycheap fuel.
They're not now buyingextremely cheap fuel.
They're buying extremelyexpensive fuel.
From who lng produced, lngcomponents?

Speaker 2 (33:57):
from america she's saying they started buying that
after the nord stream debacle.
Of course yeah.
Debacle, because they couldn'tfreeze in the nordstrom debacle.
Of course yeah.
Debacle because they couldn'tfreeze in the winter time.

Speaker 3 (34:05):
Right yeah, well, they were terrified, right.
I mean, this thing blew upright before christmas.
I don't know who blew it up,I'm pretty sure it wasn't two
norwegian fishermen smoking theunited states man.

Speaker 2 (34:15):
Everybody knows it's the united, totally the united
states proxy.

Speaker 3 (34:18):
Totally like I don't.
I'm not even sure it wasthrough proxy.

Speaker 2 (34:21):
That's terrible I mean like I don't, I'm not even
sure it was through proxy.
That's terrible.
I mean biden has let some stuffslip up that I was like really
he said that.

Speaker 3 (34:28):
Dude, there's a dam in the ukraine that was blown up
and it's destroyed.
Decades of food that nobody'stalking about, that hasn't hit
the system yet.

Speaker 2 (34:36):
I did I hear, I did hear about that, I heard about
it uh, we have three bridgesthat get hit.

Speaker 3 (34:41):
You know it's messing .
Like we are.
Talk about inflation okay, likeI know we're jumping all over
the place here, but this, allthe inflation we've had for the
last three years, is politicallydriven.
Supply demand shocks.
Man dude, you're just shockingthe shit out of supply chains
since covid well, is, is the is?

Speaker 2 (35:01):
are they doing that for political means, to to
justify or to to gain power,like why?
Why are these things happening?

Speaker 3 (35:08):
what?
Why I mean political.
I think they're trying to starta war.
Okay, because if you did thatto me, okay, imagine like oh,
we're gonna blow some pipes upbetween canada and cal, put
California in the dark, whichwould happen, by the way.
What is that?
An act of war?
Is that just peace, love andkind of mistake?

(35:30):
It's an act of war.
It's an act of war.
So this is just a war game.
Now my point, though, is thatthe market's working.
Everything the old schoolplayers do will be juxtaposed to
the new world, which is the newworld is going to be get along,
to go along, because you'regoing to have a.

(35:52):
You should have ahyper-efficient and highly
competitive digital environmentwhere we can move around.
Like, I actually think, in thenext four to six years, dude,
I'm going to have the ability tohave a sovereign passport.
Yeah, that's virtual.
Why shouldn't I?
I should be able to have avirtual passport.
Look, two sessions from now,two turns from now, I could

(36:17):
build a case.
Ai should be nearing thecapacity to be our government.

Speaker 2 (36:24):
You could make the case.
What do human beings do ingovernment.

Speaker 3 (36:28):
They just are supposed to manage our
constitutional agreements andour bill of rights, and they're
not.

Speaker 2 (36:38):
This is scary man, this is scary to me, and AI ties
into this whole conversationtoo in a huge way, totally
Especially energy.

Speaker 3 (36:46):
See, it's all correlated.
You cannot, it's all.
If you're going to AI, what IsAI?
My secretary, that's going tobe a robot that's going to send
you $3.32 in US dollars.
Yeah, no, they're not Okay,they're going to send a digital
yeah, no, they're not okay.

Speaker 2 (37:07):
They're going to send a digital.
I read a uh, I read a reportrecently.
This is situational-awarenessai, the website, and this is
probably the most frighteningdocument that I've ever read in
my life.
They talk about, uh, like anuclear arms race, but it's
going to be with AI, agi.
If China is starting to ramp upspending as a percentage of GDP

(37:31):
up to you know, 10 or 15 or 20percent to fuel these AI farms
in these cities, then the UnitedStates is going to be forced to
do the same as well.
You have OpenAI, which is youknow.
We know OpenAI, chatgpt you hadthe former director of the NSA

(37:53):
just join their board about twoweeks ago.
There's some major thingshappening in the background with
AI.
That's also going to tie intodigital currency, but the
industries that are going to beaffected the most man are the
energy industries.
I mean, the amount of energythat it's going to take to push

(38:13):
us into this kind of weirdfuture in terms of AI is just
tremendous.
Have you talked to your friendsabout this in the energy
industry, and maybe what aretheir thoughts about this in the
energy industry, and maybe whatare their thoughts about all
that sort of thing?

Speaker 3 (38:28):
Well, their thoughts are that we're going to have so
much demand and finally, youknow, the energy market's going
to move and be get paid a bettermultiple than the very
companies that obtain multiplesfrom buying the energy and then
converting it to some digitalproduct, whether it's Amazon or
Facebook.
My view is not so rosy for theenergy players.

(38:52):
I think we have an immenseamount of energy.
Dan Yergin, who became veryfamous in the 90s and 2000s,
wrote two or three novels I meanmonster pieces of work on peak
oil.
He must have made at least $100million.
He was wrong, dude.
I mean so wrong, it'sridiculous.

(39:14):
Peak oil 2000.
Peak oil 2010.
Peak oil.

Speaker 2 (39:18):
So when you say peak oil, for the listeners you're
talking about the maximum amountof oil that will.
It's just going to go down fromthat point on.

Speaker 3 (39:24):
Basically, there's an end of cheap oil which, by the
way, is different than peak peakoil.
So you're getting close to apoint where all the $45 crude
oil is done.
You're not going to find anymore.
I don't believe that.

Speaker 2 (39:44):
Why don't you believe that Well?

Speaker 3 (39:45):
23% of all the fossil fuel that we have found has
nowhere to go right now.
It sits behind the pipe, it'snot in the market, it's leaking
out of the gas, it's beingflared, wasted away.
It's highly inefficient.
The way we run our systems.

Speaker 2 (40:04):
No scarcity right there is gross.

Speaker 3 (40:07):
Like you live in the United States, I can prove to
you within 30 seconds, if youhave enough, that energy is way
too cheap in this country.
By asking one question, run apoll.
Who closed and turned theirlaptop computer off last night?

Speaker 2 (40:26):
Nobody.

Speaker 3 (40:26):
No one man.
Well, it must be too cheap Ifyou're willing to leave a
fucking piece of.
You would not leave your carrunning overnight, would you?
No, you wouldn't because youcan and it's not that
significant a charge.
You do and therefore there'swaste.
To show you how significantthat is in England there's about

(40:48):
72 million homes If every TVwas pulled from source so you
can't just do the remote instantplay.
A 450-megawatt coal-fired powerstation comes off the grid.
Wow, One 450 megawattcoal-fired power station
Disgusting right Comes off thegrid.

(41:11):
Just so you and I can bewankers because we can't wait
one second for the shitty CNNnews to come on.

Speaker 2 (41:19):
So did you roll your eyes when you heard the FUD in
terms of bitcoin and digitalcurrencies about using too much
energy?

Speaker 3 (41:28):
oh, I didn't really roll my eyes, I mean, I just I
was like, oh, okay, they'regonna run that one, that's cool.
Um see, I like them running,though.
So because then you have adebate to do, which is marketing
.
You know, that's not the realenergy, like what's what they're
doing in Texas right now is notgoing to be forever.

Speaker 2 (41:46):
What are they doing in Texas?

Speaker 3 (41:47):
They're they're low.
They're low balancing in Texas,oh right, but I don't think I
mean it's cool, there'll be someof that, but the real use for
Bitcoin should be and this isjust economics why would you
transport natural gas fromPennsylvania or Chicago all the
way to Texas, pay a dollar fiftyto get it there, to then do

(42:09):
load balancing?
Why?
Why wouldn't you just produceit in Wyoming and turn it into
bitcoin and not have anytransport fees, if that makes
sense?
If you're Putin and you just hadyour your blown up right, why
wouldn't you just mine Bitcoinin the Siberian tundra, turn it

(42:29):
into Bitcoin, then move itwherever the fuck you want, for
whatever currency, and no onecan ever say no, right?
No one can ever say no.
By the way, this is the samesovereign that already has crude
oil on its balance sheet and itdrills crude oil and does
balance sheet, and it does not.
It drills crude oil and doesnot need to show a profit.
See, it's very interesting.
Sovereigns don't need to makemoney on their energy in order

(42:53):
to make bitcoin and in order tomake that story work, whereas an
oil producer needs to make somemoney right right Now.
Who's going to drive this home?
This is hilarious, okay.
The game theory here that'sworking out for Bitcoin is just
staggeringly interesting.
Nuclear power stations 25% ofall the nukes in the United

(43:15):
States are talking to AI andBitcoin people right now?

Speaker 2 (43:19):
Yes, they have to.

Speaker 3 (43:21):
Why would that be important?
And the reason is becausenuclear power stations are
actually a problem on the gridbecause they are baseload.
There is no turning off a powerstation.
It's a thousand megawatts on oroff and you can't keep it off
forever.
You have to do plans.

Speaker 2 (43:37):
You can't store it or you can't control that flow.

Speaker 3 (43:40):
A thousand megawatts is popping out it's not 900,
it's 1,000, and you can'tmodulate it down.
This is a nuclear power station, so the problem for them is
they sell the cheapest energy tothe grid 3 cents a kilowatt.
What if I went to a nuclearpower station and said hey, dude
, I can get you 5.5 cents.
Wow, that sounds pretty cool.

Speaker 2 (44:03):
Oh, via Bitcoin, Of course, dude.

Speaker 3 (44:05):
I'm going to sell you an 80% load factor profile, mr
Utility, and then I am going todivert either when you want or
when I want, but I'm not sellingyou base load at three cents.
If you can buy it cheaper thanfive and a half, you just tell
me when to turn off and I'mgoing to mine Bitcoin.
Everybody wins, dude, no thanfive and a half.

Speaker 2 (44:24):
You just tell me when to turn off and I'm a mine
Bitcoin okay everybody wins dude.

Speaker 1 (44:26):
No, that's, that's great, everybody doing that.
Yet why aren't people doing?

Speaker 2 (44:27):
that yeah, well are they like will be okay no, there
there is.

Speaker 3 (44:35):
Once you have this discussion, I remind everybody,
you know, in order to, thepurpose of a first meeting is to
get to the second meeting.
Some of this takes time.
You got.
You got to find the rightpeople inside these
organizations.
The more time we have inBitcoin with, the more PR and
the more good news and hey, thisis happening and the area is

(44:56):
cleaned up the more you're goingto start seeing people come up
with very clever bond economicmethodologies.
Like I could probably make avery good living just walking
around the energy company goinghey, man, look that project
right there, you ought to wrapsome bitcoin around.
There's certain projects thatwhere it's stranded, okay, like

(45:17):
literally the energy's justsitting there.
So they're going to get there,man, because there's so much
energy sitting behind pipe notdoing anything and it will be
the sovereigns or our nuclearpower station that will do this,
so it can be.

Speaker 2 (45:30):
It can be nuclear or it can be fossil fuel as well
well, it can be.

Speaker 3 (45:33):
It could be sun too.
It could be anything yeah, butthe nuke the, the sun and the,
the wind and all that bullshitenergy.
Dude, dude.

Speaker 2 (45:42):
Why?
Because it's inconsistent andit's not dense.
So when you hear and this isawesome for me because I don't
know anything about energy so wehear Elon say yeah, we just got
to take a corner out of Utahand put a solar farm down there.

Speaker 3 (46:01):
Yeah, what are your thoughts when you hear something
like that?
You know, I mean, look, I'm not, I don't know.
Maybe, maybe I don't knoweither.
Shit, I don't know, dude, Ihave no idea what that does to
the environment when you startputting mirrors back in.
I have no idea, but what I dobelieve is that energy prices

(46:22):
will continue to come down, justlike every other product comes
down over time.

Speaker 2 (46:28):
Okay, and.

Speaker 3 (46:29):
I think technology is going to allow us to get there,
so solar is not going to evermake it.
If crude oil is at a hundredbucks, 60 bucks and natural gas
is at $1.87.
There's no room for them.
What the green people should do.

(46:49):
This is why I get so irritatedwith the Bitcoin community,
because I'm like dude, you couldfuck this up if you really try.
The greenies have made noprogress whatsoever, except
noise, and the reason they madetheir noise is talking about how
clever wind and solar are, andthen they fail, and in order for

(47:14):
wind and solar to work, theyhave to have subsidies.

Speaker 2 (47:18):
And it's inefficient.
What?

Speaker 3 (47:20):
you should have been doing is you should have been
praying for war and supporting$300 crude oil and $5 natural
gas so that you could competewithout subsidy.
If I'm the government, I'm likeI ain't getting shit for
subsidy.
Dude, either make it work ordon't make it work, and you
can't then blame the oilproducers going wow, you guys

(47:44):
are actually being veryefficient.
At $65.
They make.
You know that's $45 to $65 isbreak-even for crude oil, and at
$75, people are making a goodmargin, keeping in mind you
hadn't heard about dry hole in along, long, long time.
Sure, you know your margins godown when your risk goes down

(48:06):
right and your volumes go up.
So there's no oil producersbitching about selling crude oil
at $70.
They're making $25, $30, man.

Speaker 2 (48:18):
So what's this huge war on the energy industry in
the United States and theWestern world, it seems?
Why do they want to shut thisdown?
Is it really because theybelieve that this sort of energy
is dirty and it's going to killus all?
Do they really believe that?

Speaker 3 (48:37):
What they, the green peeps?

Speaker 2 (48:39):
Well, the green peeps and the political
representatives of those people,yeah.

Speaker 3 (48:44):
The politicians know nothing, man, and all they're
doing is they're a little bitlike many of the companies that
are large in this world who workon quarterly earnings.
These people are working on oneand two-year voter surveys.
If you're working on quarterlyearnings, I don't know how you
survive the future, dude,because private companies will

(49:08):
not have to have quarterlyearnings.
They will be looking at thisdigital new landscape going oh
my god, everything has to berebuilt, everything okay, like
every tool that we've ever hadto do all the legacy business
accounting audits, tax reporting, analytics, risk management,

(49:31):
trading reporting, third-partyreviews, audits, quality of
earnings that all has to be donedigital.
Have you seen?
The tax treasury department cameout with a 365 page tax ruling
on digital assets 365 pages.

(49:52):
They had 2 000 comments.
They, they.
They are saying you have fiveor six major accounting firms
going hey, this digital assetthing, dude, you, you can't make
us responsible for this.
And they're like what are youtalking about?
He said well, right now we have4 billion 1099s from legacy
business, analog, us dollar,digital asset industry, when the

(50:17):
Treasury Department requiresreporting from broker dealersers
goes to 12 billion additional.
Okay, now, even if you don'tlike the numbers, 4 billion to
12 billion.
Hey, that is a 300 increase infiles.
Right, like, no, like, that's abig lifted.
Billions of farms, triple thefarms just to be able to do

(50:43):
digital and report for it.
No one's set up for this.
They're set up on Excelspreadsheets and Google Sheets.

Speaker 2 (50:50):
We're talking about trillions and trillions of
transactions is that I'll tiethis in real quick, Node40.
How does that play into all ofthis?

Speaker 3 (51:01):
Node40, I invested.
Not only did I go heavy intoBitcoin and a couple of other
products, but I also bought 42%43% of Node40, which, when I got
involved, I kind of switchedtheir focus.
They had some consumer businessand our focus has been

(51:22):
basically to deal with thisreporting what I call the picks
and the shovel picks and shovelsof every industry that's
anywhere that has to get builtin digital.
So Node40 is one of those firms.
It's got 26 computer sciencekids, two salespeople and that's

(51:43):
it.
We're just building a solutionto solve a problem that I know
is there, even if the legacyplayers haven't really
completely confronted.
Oh shit, they're getting readyto, and this is just a part of
being compliant, havingreporting.
That's the beauty behinddigital man it can be perfect.

Speaker 2 (52:05):
So give the quick elevator pitch about what it is
for the listeners.
What is Note40 exactly?

Speaker 3 (52:10):
So well, exactly, it's a full-on.
It's a CFO in a box, dude fordigital assets.
Okay, so I'm a single family, Ihave an LLC, but I'm not a
business.
But for me, Node40 is mydigital CFO and none of my

(52:32):
lawyers or my accountants doanything with my account until
Node40 looks at it, anythingwith my account until Node40
looks at it.
Node40 supplies my lawyers andany litigation I would ever have
.
Node40 is my source of realitybecause my accounts zero out on

(52:52):
digital.
Okay, like I have probably sixyears.
See, I believe Bitcoin is goingto be worth a million dollars at
some point.
Right, if you agree with me,you need to treat it like it's
worth a million dollars, and theway you're treating it right
now is like it's worth nothing,because people are spending $100
on software saying they'regoing to keep crypto till they

(53:14):
die and they're never going tosell it.
Well, you will sell it becauseyou will die.
86% of us are going to get adivorce.
Then there'll be a forced sale.
So my challenge is if I thinkit's going to be worth a million
dollars, that then has alertedevery IRS person.
Make sure that we get our piece.

(53:36):
And two, I better be treatingit like it's not a Volkswagen.
I better be treating it likehey man, every year I need to do
a report.
Every year, I need to give mydata to my accounting firm and
then the accounting firm needsto be able to understand what

(53:56):
your crypto is without everknowing anything about
blockchain.
Understand what your crypto iswithout ever knowing anything
about blockchain.
So Node40 is basically atranslation device for any
78-year lawyer to look at yourcrypto position and go shit, I
understand that better than theother stuff.
Sure, right, because it'sperfect.
It's clear, it tells a story.

(54:16):
If I die tomorrow morning, mychildren get a letter.
Here's the node 40 data.
This is everything you need toknow about my crypto books since
the beginning of time.
Do not let my lawyers, yourlawyers, an accountant or any
third three letter agency comeand bully your ass and take it

(54:37):
away from you so does this?

Speaker 2 (54:39):
does this cater to bitcoin and crypto at large?

Speaker 3 (54:42):
uh, it's, uh, we'll, we will be and or auditing smart
contracts.
Now, this is everything, dude.
This is nfts smart contracts,staking yielding token.
Larry Fink says he's going totokenize real estate.
You're not going to use theaccounting firms you're using

(55:05):
right now, dude, and you're notgoing to use an Excel
spreadsheet.

Speaker 2 (55:11):
You heard the mix up in the real estate industry, the
ruling against the MLS.

Speaker 3 (55:17):
Oh, on the agent fees .

Speaker 2 (55:18):
Yeah.

Speaker 3 (55:19):
See, it's coming.

Speaker 2 (55:20):
Yeah, it's coming.

Speaker 3 (55:24):
That's why I did what I did last night with Dennis
Porter's support him on some ofthe lobby work.
See, when I see the real estate, what did you do?
I told him I'd match $50,000 ifyou got some people to donate
some money.
Got it, were on a big space andhe came on I said, dude, what
you doing?
Like he's really getting somepolicy push through and he's

(55:45):
learned how to talk to them now.
Like he's had eight years ofmistakes and now he knows okay.

Speaker 2 (55:52):
This is a part of the game.

Speaker 3 (55:53):
It's a skill dude to get these people like.
I'm spending a lot of time withPoliticians now, sure, and
people keep asking me why.
It's like I can actually tellthem what bitcoin is without
freaking them out right, you canspeak their language.

Speaker 2 (56:07):
I can man.

Speaker 3 (56:08):
I mean I can sit down with a late.
You know, I was with anna, anna, paluna, luna and then beck,
and I'm like this how would youlike to say there's three
million jobs?
There's three million jobs?
Oh, by the way, these threemillion jobs do not need college
, that's a great story, dude,they don't go away and the and

(56:29):
lifetime value.
I mean their careers to theircareers and high paying jobs um
16 year old, 66 year olds, Imean, if you, you want a job,
this industry is wide open forit and no one's starting with a
head start, like all you got todo is put your head down and

(56:50):
learn.
Did I answer your question ordid we get off track?

Speaker 2 (56:58):
We got off track a little bit.

Speaker 3 (57:00):
The point I was trying to make on the real
estate guy, so it doesn't reallyimpact my digital position, but
when I see this lobbying effortwhere, hey, these fees are too
high, this is going to happeneverywhere.
It's very important that'shappening and we need to keep
pushing.
You know what those fees aretoo high 6% to sell a bloody
house, that is a very.

(57:20):
That will be the most difficultcartel to break up because
there's so many pieces.
See, it's a, it's a systemwhere it's such a skanky
business Okay, no value addwhatsoever and then you just
keep getting parasites in thevalue chain.
Yeah, Title thousand dollarsfor title man, I mean I learned.
And then you just keep gettingparasites in the value chain.
Yeah, Title A thousand dollarsfor a title.

Speaker 2 (57:43):
Man.
I mean, I learned a lot aboutreal estate, I guess, from your
brother, and I was in that quitea bit in 2016.
And when I realized that Icould just create my own
contract and take it to thetitle company and then get a
check, that blew my mind.
It's common knowledge for a lotof people, but at that time it

(58:03):
wasn't for me, and then thatmade me realize just how much
people are getting raped andpillaged with with the that that
industry in my opinion.
So here's the deal.
Man, we are 57 minutes in.
I think we've touched on quitea bit.
This has been pretty data dense.
That makes me happy.
Here I'm going to do somethingthat I do with all my guests

(58:26):
here a little bit different.
I've got, let's see, here, I'vegot about 20 words and I'm
going to say the word and you'vegot three seconds to react.
Okay, and you can react asshort as you want or as long as
you want, okay, and be good forshorts and things like that.
So, all right, are you ready?

(58:47):
Sure, all right.
First thing, bitcoin, money,elon Musk.

Speaker 3 (58:54):
Pain OPEC Destruction Ethereum.
A child Destruction Ethereum.

Speaker 2 (59:02):
A child.
Donald Trump.
Power, nfts Overstated DonaldTrump again.
Anything different.

Speaker 3 (59:16):
Good family.

Speaker 2 (59:18):
Vladimir Putin.

Speaker 3 (59:19):
Monster, alpha man Vladimir.

Speaker 2 (59:21):
Putin, monster, alpha man Solana.

Speaker 3 (59:26):
Solana.
Don't know what to say aboutSolana.
Probably going to make me ashitload of money.

Speaker 2 (59:35):
Renewable energy Joke Shale, shale.

Speaker 3 (59:41):
Made during the $10 to $30 crude oil market.
Carbon tax A fucking, totalscam.
Fucking total shit show of ascam.
Okay, the biggest fucking joke,oh, the second biggest joke
until we get to Zuckerberg Toxic, toxic, freaking toxic, and not

(01:00:04):
a good thing for society.

Speaker 2 (01:00:08):
Okay.

Speaker 1 (01:00:12):
Joe Biden.

Speaker 3 (01:00:16):
Embarrassing for the United States Saudi.

Speaker 2 (01:00:20):
Arabia.

Speaker 3 (01:00:21):
Powerhouse ExxonMobil ExxonMobil interesting.

Speaker 2 (01:00:35):
Not a top 10 energy player Got it.

Speaker 3 (01:00:39):
Crypto mining, inefficient and stupid.
Brandon Davis Brandon DavisGood looking guy, dude Awesome.
You answered very smartly rightthere.

Speaker 2 (01:00:53):
Good looking.
I like the red hair.
Good God, almighty.

Speaker 3 (01:00:54):
I've got a nice voice .

Speaker 2 (01:00:57):
Guys, that's our interview.
Gary man, thank you.
You did great, man.
You shared a lot of knowledge.
I think people are really goingto like this and I appreciate
you coming on, so we'll go aheadand stop this now, and do you
have anything you want to sendpeople to a website or anything
you want to talk about?

Speaker 3 (01:01:14):
No, look, I do spaces on Mondays and Thursdays.
I do some live YouTube.
I'm really here forentertaining education.
Yeah, it pisses me off that myeducation was so bad and
everybody else's was, and I'mlike okay, quit bitching about
it and actually do something.
So here I am.

Speaker 2 (01:01:33):
Well, dude, I do appreciate that about you,
because I've seen you from afarfor a couple years now and
you've really, really grown, man.
You're putting a lot of work into understand this, and that
shows, so, you know.
Keep it up, man, it's awesome,thank you.

Speaker 3 (01:01:49):
Thank you very much.

Speaker 2 (01:01:49):
Appreciate you All, right guys we'll stop this and
thank you guys.