No More Inflation with Bitcoin Shooter - Bitcoin Infinity Show #146 - The Bitcoin Infinity Show

Episode Transcript
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(00:00):
I also screened like, you know, 30 minutesof my film a rough had at the time.

(00:03):
And so likenever have done anything like that before.
Kind of a filmmaker's dream.
So the goal has always beenwith this project, to have as many people
trip down the rabbit hole as possibleand for a selfish reason, like,
I want the transition from fiat to Bitcointo be as smooth as it possibly can.
The more people have Bitcoin,the more decentralized the wealth is,

(00:24):
the more strongholds we're going to have
and the smootherthe transition is going to be.
That's what I thoughtwould be the most impactful thing.
Educate the masses on inflation.
Educate them on whybitcoin can't be printed
and why some of the thingsthey've heard about it might be wrong.
What if the price of everythingdidn't go up
and weren't like it just stayed the same?
Like there is no more inflation?How does that sound?
Oh, that sounds like really great,actually.
You know,I think inflation is a scary thing.

(00:46):
It's probably one of those things in lifethat you don't want to think about.
And a lot of waysit's like death. It's like inevitable.
But you don't want to believe it's true,at least not for you.
Every money that's ever been printedalways ends in like, disaster.
Absolute disaster.
And that's where we're heading.
shooter.
Welcome back to the Bitcoin Infinity Show.

(01:07):
Thank you for joining us.
You know Luke Knuteit's always a good time.
Thank you for having meI appreciate your time too, man.
So good to have you back, man.
It's it's been a while.
When did we last see you?
What was a Madeira?
Yeah, Madeira. So.
Must have been March. So. Yeah.
Like nine months ago.
More than nine months ago.
Yeah. How did you like Madeira?

(01:29):
I mean, Madeira is beautiful.
I wish I had more time to spend there,especially, like,
you know, as a cinematographer,I wish I had more time to kind of
go around the island and see all thedifferent beauties that it has to offer.
So other than that, it was amazing.
I also screened, like,
you know, 30 minutes of my film,a rough, rough cut at the time.
And so like, you know,I never done anything like that before

(01:49):
in a movie theater.
So it's kind of a filmmaker's dream.
So, yeah, Madeira was specialfor for many, many reasons.
And I'm sure you love it there too.
Yeah, yeah, we were super busy.
But we heard a lot already backthen when when you showed those
30 minutes about the movie.
The the movie.
No more inflation.
If you don't know, and,

(02:11):
like everyone who saw that, it's like,dude, shooters.
Film is like, this is next level stuff.
Like, everyone seem to love it.
So, so when did you.
So tell us about the movie?
Tell us about, like, you know, how yourlast year's been and when did it premiere?
Like what?
How how did it come to be like,all the things.

(02:33):
Right.
So most people know by now,I made a ten minute film about El Salvador
about two years agothat I had published nine book.
Kelly retweeted it.
That kind of created some more attention,you know, from Bitcoiners
and like encouraging meto make a full length film.
So, two years ago,I started planning this film,
raising money, filming, traveling,editing all that stuff.

(02:53):
And so, yeah, it just published itNovember 21st.
So it's been about a month and,
yeah, I've been doing like, you know,going around now and doing the podcast
and promoting it a bit,but so far it's so it's been going good.
Lots of people have been watching it.
Lots of people been sharing it with like,you know, their loved ones and, you know,

(03:13):
it seems actually the most common thingI've heard is that the wives love it.
Like, I guess most Bitcoiners wives,you know, they're interested in Bitcoin
because their husband
there is interested in Bitcoin, butthey're not that interested in bitcoin.
But apparently, you know, they,they stay engaged and they really love it.
And it helps actuallylike visually connect the dots
about a lot of things that, you know,they've been hearing about.

(03:35):
So anyway so far it's been really good.
It's doing exactly what I want it to do,which is,
you know, reach the average person,keep them engaged.
Explain the problem of inflationand the solution of Bitcoin
in a very simple and,you know, emotional human to human way.
So yeah, that's what I did.
I traveled the world, interviewed 44people that, you know, share their stories

(03:58):
about livingwith different intensities of inflation
or how that money that's being printedthat caused that inflation affects
war or food and health and foreign aidand Covid and bailouts.
And then same thing with Bitcoininterviewed people that have
personal stories about, you know,how it's helping them in El Salvador,
how they're using it to reduce,you know, pollution in North Dakota

(04:18):
off of flare gas, how it's bringing energyto people in Kenya,
you know, helpingpeople escape their dictator countries.
So basically,the film is a collection of stories
that covers inflation and covers Bitcoin.
Now I, I just love the title.
Like, no,no more inflation. It's so spot on.
That's that's what Bitcoin is all about.

(04:39):
Like you fix the problem of inflationfor everyone on earth.
Like it's it's it's so simplewhen you put it like that like it's
that it's what it's all about.
We're fixing inflation.
Like we're kind of reminds me of this.
Yeah.
That's my. Kind of.That's my my. Everything.
Exactly. No.
Yeah, yeah.
You're outfit is so great tonight.

(05:02):
So so tell us a little more about how the
how the film came to be and, like,yeah, yeah.
Where did this project start?
And like,
yeah.
I mean, yeah, the book killer thing, but,like, tell us about the journey rather.
Yeah. Yeah, absolutely.
So, like you're saying,no more inflation was the line

(05:25):
that I found stuckwith most people that I spoke to,
whether it was a cashier for 10sor a friend of mine, you know,
they'd be like,what is this Bitcoin thing about?
I would say, okay, well, what if the priceof everything didn't go up anymore?
Like it just stayedthe same, like there is no more inflation?
How does that sound?
Oh, that sounds like really great,actually.
You know,I mean, anybody but like, a, college

(05:46):
educated economist will agree with youthat that sounds great.
And so I realized that was kindof the best entry point in for Bitcoin.
So when I was planning this film
and I realized I was going to spendmaybe a year or two making it, you know,
I thought, okay, well,
I want to make the thing that I thinkcan have the biggest impact possible.
So I knew it had to be related to Bitcoin.

(06:07):
And then, yeah, like I was mentioning,inflation just seemed like it's
the best entry point.
And so you'll notice there's no mention ofBitcoin at all in the title of the film.
And if you watch the filmthat no more inflation.com,
you'll see there's no mention of Bitcoinfor the first half of movie.
Because again,I want to draw people in with inflation.
I want to make them understandthe problem of inflation

(06:27):
because in my opinion, it'sthe biggest problem in the world
for, you know,
not just because it's expensivefor you to live,
but becausealso for the things that it pays for.
It funds the machine, that you don't like,
you know, and so, and so, yeah.
So I think, that's reallywhat I wanted to set out to do.
That's what I thought
could be the most impactful thingeducate the masses on inflation,

(06:48):
educate them on whybitcoin can't be printed,
and why some of the thingsthey've heard about
it might be wrong,
like it's bad for the earth, it'sonly for criminals, it's too volatile.
You know, all these common thingsthat someone will just
have popped in their brain,you know, whenever they hear Bitcoin.
And so,
so basically so yeah.
So I started again,like writing all of this and planning it,

(07:10):
you know, two years ago, October 2022,I started raising money in January.
I started filming in Apriland then April all through,
you know, the release, I was either,you know, picking up interviews or editing
and, so, yeah, I went to, you know what?
Imola. Jamaica, Argentina. Kenya.

(07:32):
Salvador, Latvia.
Dubai, Italy.
Man, I'm probably missing a few thereand a handful of states in the US too.
And, yeah, it was a great experience, man.
Two years.
I mean, imagine, like any artist to say,hey, you have two years to create
the best thing you possibly can go,

(07:52):
you know, so absolute dream.
I met so many people, you know,I really am proud of what I created.
I feel like itmet the vision that I had for it. And,
And so, yeah, now I'm really content.
And now it's the secondhalf of the battle,
which is actually,you know, getting it out to the masses.
So that's kind of the journeyin a nutshell.

(08:13):
Yeah.
So, so like open the tab now
watch the movieright after you watch this.
Like no more inflation.com.
It's great.
I mean and
you're such a good, content creator man.
And like, such a good filmmaker, like,I've, like, every single thing
I've seen that you've done,it's like it's stunning.

(08:36):
You really know your craft.
That little, little videofrom from Riga, two years ago.
Like, it's it's amazing.
Like, No. So.
So go check out go check out the website.
This guy knows what he's doing.
Yeah.
And the cool thing is, I made the websiteto like all that stuff.
I madeall that, integrated was app, right?

(08:56):
And WooCommerce.
So you can pay 999 to to stream the film.
You get access to itfor seven days or three, login.
So you can share the passwordthat you get with people.
You get an 8.21% discountif you pay on lightning.
And, you know, it's it's it's awesome
for so many reasonsbecause, yeah, I, you know,
everyone always tells methat they appreciate my work

(09:18):
and I appreciate you saying that
because other people need to hearthat sometimes to actually go and watch.
But, you know, all aroundthis is such a Bitcoin project again, like
when you pay to stream the film right nowthat money is coming straight to me.
There's no platform in the middle,there's no nothing like that, you know,
and probably in the future,I mean, the goal is to get it on Netflix
or somewhere that has a really,really, really mass reach.

(09:42):
And so butfor now, like, you can literally directly,
you know, give your money to meand appreciation for the film.
And so, yeah, no more inflation.com.
I think the website's beautiful.
The trailers there are so, so great.
And there's so manyreally good people in the film.
I mean, from bitcoiners to non bitcoiners
know Graham Hancock in theretalking about foreign aid.

(10:02):
He wrote a book about it
in 1989 that AlexGladstone took a lot of inspiration from.
I didn't know until I read Gladstone'sHidden Repression book.
RobertMalone's in there, who was more known for,
developing the mRNA technologyand speaking out during Covid.
But he's like,
really fascinated with hyperinflation
and like, totalitarian regimesand how those things go together.

(10:24):
And so he speaks on that.
You got toward a mr., a rockstar death,you know, Texas Slam, Alex Glass,
you got a bunch of people in there.
It's, it's. Yeah.
So definitely check it out.
Yeah, definitely.
What did you say?
8.21% discount?
Sure. Did.
I thought you would appreciate that.I yeah.

(10:45):
I, I didn't just change it for the show.
You know, it's been like that, so.
Fantastic. Fantastic.
Oh, I love it.
Yeah.
You mentioned zap, right?
There.
How does that work?
Okay, tell us more about that, please.
You pay zap, right?
$25 a month and then zap, right?
Lets you connecta bunch of different services.

(11:06):
So, for example, I can have my ownlightning node running, but,
you know, I didn't go through all of that.
What I have is I have my zap rightconnected to my strike.
So technically,you know, there's some custodian there.
It could be more sovereign,but super easy, like,
connect it to my strikein, like, five seconds. Right.
And then all of a sudden, nowwhen, when I check out,

(11:29):
you know, I can select the lightningor the Bitcoin options
in terms of credit cards because itall the website takes cards to zap, right.
Connects to stripe, stripewhich is more of a Fiat rail.
Right.
And so basically,yeah, I set up a stripe account,
I set up a strike accountand then zap, right.
Lets me connectedthose within a few seconds.

(11:49):
Zap. Right.
Like has a plugin for WordPressthat connects to WooCommerce.
So now in my WooCommerce dashboard, zapright, is a check out, a payment option.
So I just have to toggle that onand then zap, right.
Takes the rest take takes it from there.
So literally took me like ten minutesto integrate it.
And in my opinion, it's it'slike the smoothest checkout process of any

(12:14):
like website in my opinion.
I have given them feedback.
I think they can do a few thingsto make sure
the user doesn't have to scroll at allduring the checkout process.
Currently, the user has to dojust a little bit of scrolling,
but other than that, it's literallylike tap, tap, tap and you're done, man.
So zap writes an awesome, awesome tool.

(12:35):
I think anybody any Bitcoiners out there,
especially if you want to accept fiatand bitcoin in like a same rail,
like the same checkout processand make it super easy.
It's been super easy for me.
And the guys have also been like,
you know, very encouraging and giving megood energy about the film too.
So I like those guys a lot.
Yeah, no, I think I think the
reason Knute, asked about thiswas that, like, we have our own kind of,

(12:59):
the website and set up and everything, butwe we haven't, we looked at zap, right?
But we couldn't tell,if on the Fiat side, they did euros.
And we're based in in Europe andeverything, I think maybe we'll have to,
to look into it, but, but it itit does everything right.
It's, it's fiat.
So credit cards and and bitcoin. Right.

(13:21):
So people can, can pay you in the waythat's convenient for them, right?
Yeah.
Like Apple Pay, Google pay Cash Apppay like it's all right there.
So anybody who's going to pay with a cardit's like couldn't be easier.
So yeah, in my opinion those guys andagain they charge you 25 bucks a month.
Right. There's no percentageor anything like that.
So it's like totally worth it to me.

(13:42):
And how about strike
how does that
work in in what countriesdoes it work like.
Because. Right.
It doesn't work in every country yet,right?
Yeah. Exactly. I'm not sure.
I thought they were workinglike many, many, many countries.
I thought they had rolled outsome global thing.
So I'm not sure exactly which countriesit works with, but, you know, it's

(14:04):
just like any other custodialwallet, right?
So when a payment comes throughand lightning.
I got a notification on my strikethat the SATs have hit my account.
And then, you know, once it hits,a million SATs, then I move it on chain.
Okay. Minute by minute.
More like,which countries have you tried it out
in, and where did it failand where did it work?
000I see I think as the receiverit works period.

(14:27):
Because zap.
Right is generatinglike a lightning invoice.
So zap rightgenerates a lightning invoice.
Obviously if you have a lightning walletyou're going to pay that.
And so I think it's only,you know, really there's only restricted
if you're trying to create an accountand be a receiver on strike.
Right.
Like I could go to Maderaand somebody who is in a restricted area
who technically can't use strike can stillscan my lightning invoice and pay me.

(14:49):
Right. So,
yeah, that's how that works.
Yeah.
Again, I think I think,
the the intricacies of this,this practicality stuff is like
we just sharea common, common interest here.
But it's it's it's awesome that peoplecan can go directly and support
you directly.
I mean, this is this is value for value.

(15:10):
I mean, like you're setting a pricefor your thing
and people have to pay thatand everything, but it is direct to you.
There's no there's no middleman.
It's it's awesome. And,
I want to,
my first question is like the top billing,
your advertising is Graham Hancock,which which last time we,
we talked about our shared interestfor a lot of his work.

(15:33):
How how was it, talking to himand, making that connection?
Yeah.
You know, I think in
the past, I've been nervousfor different interviews.
Not necessarilylike they're famous people,
but they're just important interviews,you know?
And I know that I need to get this one.
And so,
I've kind of gone through,you know, failures and successes in that.

(15:56):
And what I took awaywas to just be present, you know,
prepare the questions, know where you want
the conversation to go,
know what kind of messagesyou're looking for on this person,
and then just be present and listen,really listen to what they're saying.
And so yeah, with Graham,it was like fortunately like
everything was super smooth.
You know, the thing with him is like

(16:19):
getting him was such a long shot.
I didn't have any connection to himwhatsoever, you know.
And I just knew he was going to bein a particular place for a conference.
And I just hung out for days, dude.
Like literally just days, man.
I just hung out and like, you know, and,you know, got his contact information
after talking himfor a few seconds and then,
the same thing, when I did the interview,

(16:41):
there was like, we were going to do itat this time, but he ended up, like,
signing books for, like four hours, dude,like fucking four hours.
And then he looked tired, you know?
And I was like, well,I don't want to push him.
And then he, like, disappearedfor like two hours.
And then he calls me and he's like,hey, man, sorry about that.
It got kind of crazy, you know, butI'm here, you know, and I'm ready for you.

(17:02):
Come on over here. You know?
So basically it was like the whole timewas just me, like, just chilling
and, like, you know,
I think that can
that can create some anxiety andthat can make you feel like a fuck man.
Like, you know,I really gotta nail this thing,
but fortunately,I was super calm or super grateful
for the experienceand it went really well.
We just had like like anyone elseI interview,

(17:22):
I always just try to havea natural conversation, like, you know,
you don't even need to prepare like,you should know
all of these things alreadythat you're going to be discussing.
You shouldn't be discussing anything youdon't really know deep down in your soul.
And so, yeah, it wasit was a dream come true, man.
And, you know, I think hehe also is an artist in a certain way.
You know, he was a journalistand a writer and, I think he looks at me

(17:44):
a younger manand kind of sees himself and,
you know, so I think he likes giving backto people like that and helping.
And so, yeah, it wasn't awesome.
I never, ever, ever thought I wouldinterview Graham Hancock for anything.
So it's, it's pretty cool, man.
It's it was a cool experience.
And like, if people watch the film,you'll see towards the end there's like a

(18:05):
sequence of shots of me,like hugging different interviewees.
And so and that alone is so cool,you know, just to be like, man,
thank you so much.
Or like,you know, hug the guy, like, so awesome.
So yeah, it was it was a dream.
I didn't even knowI had come true, man. Pretty awesome.
Yeah.
We often have have similar experienceshere.

(18:26):
Doing the show.
I mean, I mean, it's been in this longerbut but you know, we've, we've
Bitcoin has taken us a lot of great places
and, and, gotten us infront of a lot of great people.
And for, for youthat that sounds like an absolute dream.
Did you, did you stay on topicas in, like, inflation and economics
and and this and that, or did you, coverany of his more interesting subjects?

(18:50):
Yeah, yeah.
So yeah,we definitely we did both of those things.
And so again, he's not necessarilya Bitcoin or he's open minded.
So he is open to it.
He actually was asking mea lot of questions about it.
But you know, I didn't approach him like,hey, I'm making a film about inflation
and bitcoin and foreign aid. You know,you want to be in it.

(19:10):
It wasn't just like,hey, I'm making a film about foreign aid,
you know, like,that's what the film is about.
And, and in his segment, it is about that.
And so, that that's howI think I was able to get some of
these people involved was like, look,I don't need you to talk about Bitcoin.
I don't need you to talk about inflation.
I just need you to talk about foreign aid.
And then of course, though, like,you know,

(19:33):
in keeping the conversationcasual and natural,
when his brain goes to,you know, archeology or bureaucracy
or war or psychedelics,and I go with him for a bit, right?
Like, okay, let him develop thatand then I can bring it back.
So, yeah,if you go to no more inflation.com
and you watch the trailerand you click on the title,

(19:54):
that'll take you to my YouTube channel,there's a,
21 probably it's a 21
minuteinterview, extended interview with Graham,
where we go through like his history,a lot of people don't even know
he wrote a book about foreign aid. Right.
But he actually started as a journalistworking in Africa, working
on, like, the wealth gap between the,you know, the developing countries.

(20:15):
And, and it was his work over there,actually, that introduced him
to Ethiopia's claim
for the lost Ark of the covenant, and thenthat put him on the path of archeology.
So his first big bookwas about foreign aid.
And then after that, it was just like,oh, you know, ancient civilizations
and psychedelics and stuff.
So he details that history a bitand he talks about, you know, just

(20:37):
bureaucracy and general war, psychedelicsand a bunch of other stuff.
So, yeah,
if you're a Graham Hancock fan, definitelygo check out that interview there.
You'll you'll really like it.
Now you got it.
I actually had no ideayou had the extended interview up.
I'll be watching it.
Not tonight,tomorrow or something like that, but,
Yeah, man, that's that's fantastic.
And, well, do you know if he'sif he's seen the finished product?

(21:02):
Like, I assume you do,
at least let him know that it wasit was out and everything.
Right?
Yeah. I mean, that's a wholenother hurdle, right?
It was like actually comingto the point of like,
hey, look,this is the whole scope of the project,
and I just want to make sure you're coolwith it. Right.
That happened a while ago.
But yes, he saw a 20 minute cut,like a refined version of what I show.
What I showed him. Madeira.

(21:23):
He gave some good feedback,and then I don't know if he's seen the all
the final cut.
He's seen, like, the almost final cut.
So, Yeah,he he seemed really happy with it.
You know,he could relate with it because, you know,
he knows that when he was younger,he was able to afford
a house and start having a familyat 30 years old on his income.

(21:44):
And now he's just seeing his kids who arelike, you know, getting into their 40s,
finally able to do it and like, barely,
like just barely, you know, so,I mean, he can relate with it too. And,
yeah, you know, he's
expressed interest in helping me,you know, get the film out there.
And so, I'm just being patient, you know,that's kind of one of those things
where you just you're just patientand you wait.

(22:05):
And so, either way, though, you know,
yeah, I'm super grateful for his time andlike, like, you know, as you get older,
I think you have less energyand you have less time.
And he's a busy guy,and he must have literally been
working on seasontwo of Ancient Apocalypse because,
you know, he just finished it recently.
So if he squeezed me in, like, it'sso cool, man.
But yeah, he has seen it.

(22:26):
He seems to enjoy it.
And I think it's just a matter of,you know, inflation isn't going anywhere
and Bitcoin isn't going anywhere, right?
So I think there's some price,Bitcoin price,
USD price that like Graham Hancockis going to be messaging me again.
Right.
Like hey, I just saw bitcoins at $150,000.
Thought about you.
We need to talk about this. You know.
So that's one of the great thingsI guess I'm doing.

(22:48):
Something in Bitcoin is like Bitcoinand especially the price for normies
that becomes like ayour cheerleader, right?
It becomes your marketer forever.
So, it's pretty cool.
Yeah.
I'm, rooting for you on that one.
That, he, he gets back in contactand wants to talk more.
But so, so, I'm, I'm also interestedsort of in the two parts of the film, like

(23:10):
how did you build up the,the inflation case basically because,
you know, for, for usBitcoiners, it's it's pretty self-evident
at this point,you know, that inflation is a problem.
And even even normies like they,they see it's happening.
Right.
But but how did you tell the storyabout what's going on.
Right.

(23:31):
So I think inflation is a scary thing.
It's probably one of those things in lifethat you don't want to think about.
You know, it's like a lotin a lot of ways, it's like death.
It's like inevitable.
But you don't want to believe it's true.
At least not for you. Like,you know, like I'm not going to die.
Never going to die.
And so theway I presented it was just kind of like

(23:51):
if the average personactually thought about it,
what would be their logical sequenceof questions.
Right.
And so the first questionthat the film really poses is like,
like if this doesn't stop,
what how does like,what does life look like next?
Right.
And so the film starts in like Westerncountries with single digit inflation.

(24:16):
So you hear from Yoni Apple Bergand he's talking about life in Sweden
and said money from Canada and MonicaBora from, you know, the US and,
and it's what we all feelin the Western countries, right.
Hard to afford a family,hard to afford a house.
Food's starting to get kind of expensive.
Like, really nowjust starting to barely make ends meet.

(24:36):
Okay, but what next?
Like, if this thing doesn't stop, right?Like what?
What happens?
And so we go into Jamaicawhere there's double
digit inflation,where you're skipping meals, right?
There's there's more, health issues,like less
hope in general because it's like,you know, this thing's not going away.
Right? So let me go.
Triple digit inflation in Argentina,quadruple digit in Venezuela.

(25:00):
And like,you know, the Weimar Republic. And
and so
the next question is, okay,well shit, things get really bad.
But like, why is this actually happening?
You know, what is causing the inflation.
And it's obviouslyjust as simple as money printing.
So it covers thatand the gold standard a bit.
And it also covers like,well if it's just money printing,

(25:23):
why are they printing itlike this is the same.
Like these questions like thisis what I was hearing from normal people.
Literally. Right?
I'm like, yeah,because they're getting it.
You know, they're decidingwhere to spend it.
Like they're actuallythe ones receiving it.
And so the film goes intowhere this money is spent
and the majority of spent in war, health,which also relates to food,
foreign aid, like there's so much debt,right, like that that,

(25:45):
developing countries and all countriesbut developing countries have
and then of course, bailouts. And so,
that's kind of how I present inflation.
Like, this is what it looks like
as it gets worse, moneyprinting is why it's happening.
This is where that money is being spent.
And every money that's ever been printed

(26:05):
always ends in like,disaster, absolute disaster.
And that's where we're heading.
And so that perfectly segues usinto Bitcoin where, you know we think okay
fine.
If inflation if this inflation thingis simply due to money printing,
then what if we had a moneythat couldn't be printed.
And so the film, the same charactersthat we're explaining life

(26:27):
and how difficult it is with inflationin these different countries
and how it's impactingall of these different areas
in our life, like war and healthand so on.
They opine on what life might be likeif there was no inflation.
So like a regular ladyin Jamaica is like, hey,
I go to the store and a milk,milk is a dollar today
and it's a dollar tomorrowand it's a dollar next year.
Wow, that's a mazing.
It's like,

(26:47):
I don't know if that's actually a realsounds like a utopian world, right.
And it's just it's so crazythat that is actually a crazy thought
that milk would stay the same price,you know?
And the film, of course,doesn't even touch on deflation.
I feel like that's just too mind blowing.
Like people would be like, okay,now you're talking about fucking magic
and wizards and shit.You know what I mean?
So no more inflation,I think was the line for now.

(27:10):
So anyway, that'show we segue into Bitcoin, and the film
briefly describeswhy Bitcoin can't be printed.
And then it knocks out the commonthings that I would hear from people.
But like okay,well doesn't it use a lot of energy.
Why is it doingthat isn't that bad for the earth?
I heard criminals are using it.
Oh man. But like,it always goes up and down.
Up and down, up and down like a.I don't know if I can feel comfortable.

(27:30):
And so really, that'show the whole film is presented, is like
the most common sequence of questionsthat I've heard from people.
And then literally just, yeah, goingand finding stories to, to tell that.
So yeah, that's kind of how I presentedit, man. Mr..
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(27:54):
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(28:16):
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(28:37):
and so forth.
And the general adviceBitcoin advisor.com.
And make sure to like subscribeand brush your feet and all that
for the Bitcoin infinity.comand get some stuff and some books.
Great to have you here.
You know, this reminds meof one of the first things like
this is pre bitcoin, stuff like thatI found on, on YouTube something,

(29:02):
and even before like the site guys movies
if you remember those where, where wherea guy perfectly describes the problem.
But then the solution is commie utopiaand it doesn't really work you know.
But but but even before that,there was a little series called
a little Movie called money.
Is that where he explainsfractional reserve banking?

(29:24):
The guy explains, fractional reservebanking.
And it's so, and that's like,
I think that played a huge partin why I found Bitcoin.
I was primed for itbecause I had seen that thing.
And it's it's so simple,
like fractionalreserve banking started with,

(29:45):
you know,
gold was used as money,but it was hard and heavy to carry around.
It wasn't very easilydivisible, and verifiable and all that.
So instead you took your goldand you stored it in a vault somewhere.
So the guy who owned the vaultgave you a receipt?
You. Yeah. I owe you this much gold.
And then people realized theythey could trade the receipts

(30:09):
instead of trading the actual gold,
because the receipts didn'twait as much as the gold.
So that's the portability thing.
So that's how fear begins.
People trading receipts for goldso they could redeem the gold
by giving the receipt backuntil the the banker
realized that he could give outmore receipts than he actually had,
gold in the vaultbecause the the risk that everyone would,

(30:33):
withdraw their gold at the same timewas extremely low.
So he could do this.
It could print more billsthan he actually had gold in it
in its vaults, which, of coursemade the banker extremely rich.
And he could promise like,interest and stuff on this, like,
which he created out of thin air.
So, sohe was getting getting the customers

(30:54):
in on the scheme without themknowing that they were in on the scheme
because he could pay them interest,because the interest wasn't really there.
It was just conjured out the thing there.
So this is how the monetarybill comes into being.
And of course, when you had
competing monies under competing,
bankers,

(31:16):
every once in a while there was a bank run
and everyone decided that, oh, holy shit,this guy is probably up to no good.
What if we all withdrawour gold at the same time
and then,the guy had to flee because he got, like,
lynch mobwith pitchforks and torches after him
because they realized that he'dbeen fucking people over for a long time.

(31:36):
And this happened,
on many occasionsin many countries over and over again
until the invention of the central bank,which is actually
which is basically an institutionthat saves the asshole
from the peoplewho just want their money back.
But but at the end of the day,
all inflation is theft.

(31:57):
There is no way around that.
If you can't redeem the receiptfor the gold that you put into the bank
you were being stolen from, and there'sthere's no middle ground whatsoever.
If if this banker prints
a single dollar more than he hasin his vaults, then it's fraud.
And every bank in the world does.

(32:20):
It's, It's just mind blowing.
We're all being fucked over becausewe're being stolen from at all times.
And Bitcoin is the remedybecause you can print more of it.
It's even better than gold.
Because gold, if the gold price goesup, people will find more gold.
With Bitcoin, it doesn't matterbecause you have the difficulty.

(32:40):
Adjustment algorithm and yep.
Have you seen that later.
The latest meme around that was so great.
It's like a Venn diagramon, I think I saw it on Twitter.
There's like, people who
oppose Bitcoin and people who understandthe difficulty adjustment algorithm.
And in the intersection,there's a very thin intersection.

(33:01):
It's like no one I've ever met.
Like,
because if you understandthe difficulty adjustment algorithm,
you cannot be against Bitcoinlike you cannot.
There is no way of understandingthis thing
and having arguments against Bitcoin.
It just doesn't work.
If you understandthe difficulty adjustment,

(33:23):
algorithm, you understand
why Bitcoin is the remedy to inflationbecause you understand.
You understand everything divided by 21million, right?
You understand that this is unstoppable.
You understandwhy you can print more of it.
And it'sjust for the first time in history,
we have something that is tamper proofand that is asshole proof.

(33:45):
And we've never had that in money.
It's always been abused.
And which
means that like 5000 years of history is
it is like,
there's so much misinformation in itbecause the winner writes history, right?
And the winner always had a

(34:05):
a certain percentage of ass
holinessthat took them where they went, like, like
because they were founded,funded like all wars
were funded and prolonged by inflationto one to to some extent,
like the the First World Waris called the Great War.
At the time, it arguably never ended.

(34:26):
It's a war between the governmentsof the world and their populations,
and it's still ongoingbecause they're still stealing from us.
They're still the assholes.
They're still just fuckingstealing our stuff through this
evil scheme that never ends.
And we've been living in itfor so many generations now that it took
like a genius,like Satoshi Nakamoto to like, finally

(34:47):
pop that stupid bubblethat everyone's been
living in forever and ever, likemost of the world still believes in it.
It's just a handful of bitcoiners hereand there that actually get it
and that actually are tryingto get out of it.
But at the end of the day, it's all theft.
We're all just being abused.
Who? Rape victims, for fuck's sake.

(35:09):
Yeah.
And of rent. What do you think?
Yeah.
I mean, the crazy thing is it'salso like being gaslit at the same time,
because what most people, I mean, now,they're more aware of it, but they weren't
even awarethat they're being stolen from it.
It's just like prices go up. It's natural.
It's like gravity.
It's like, you know, the waves and eventhe people that work at the banks, right.

(35:29):
Like these mortgage brokersand people that deal and, you know,
paperwork for debt, like, a lot,a lot of them don't
even connect the dots that they'rethe ones contributing to inflation.
So the abusers, many of them, most of them
probably are actually awareof what they're doing.
It's like a beautiful scam.
It's it's a beautiful, beautiful scam.

(35:50):
It's the best scam ever, man.
And, I think the first iteration of Fiatwas like,
paper was in Chinaand like the 1600s or something like that.
And this dude had a kingdom where, like,
if you ever brought any goodsin from out of the kingdom, you had to go
take it to him and he would give youthe paper value of it in exchange.
So he amassed like,

(36:12):
you know, all of this beautiful jewelryand all these assets and everything.
And again, like the peopledidn't understand what was happening.
So yeah, it is theft.
And again, it's a gaslighting too,because then, of course,
like anybody who's being stolenfrom consistently and more and more over
time, you're going to be upset,you're going to be irritated.

(36:34):
Your life is probably goingto be more difficult to be kept together,
and that's going to cause a bunchof other issues, like, in my opinion,
the way I see it,it's a very simple storyline.
The government prints money to go to war.
They know it's going to cause inflation,
so then they start making food cheaper,which causes more health problems.

(36:54):
Oh shit, there's still in dollarsinflation.
We need to have cheap goods.
So we need to go to these other countriesand then like, you know, loan them
money to producethe things that we want over here.
Oh fuck. That causes more inflation.
Then you have a bubble, you know, andthen you bail out and then you bail out.
It's like like literally the root ofall of it to me is just seems like war.

(37:14):
It's like just you want to go to war,you want to go to war,
you want to spend all this moneyand it's going to cause inflation
and you know, it'sgoing to cause inflation.
And so all of this is youpulling all these levers
and pulling all these Band-Aids
and all these things,thinking that you can run the whole world.
You can decide for the whole worldand make it a better place
where it's like, okay, no, we can,

(37:35):
you know,we can print and we can have inflation
and we can figure outhow to make this shit work for everybody.
Like, it just doesn't work, man.
So yeah, it's it's theft.
Of course it's theft.
It's theft of like, everything you have.
It's like your mind,you know, like most people again,
if you ask the average person,
you know, how would you feelif there was no more inflation?

(37:58):
You know, man,they would feel a ten times better.
No, I mean.
I love these simple questions like that.
That's how you put like that'show you point out that the emperor
is still naked by asking the verythe simplest questions you can have.
Like what one we're, proud of havingputs in the book is the question, like,

(38:19):
if you if you practice doing something,do you usually get better or worse
at doing that thing
that that's the question we ask, like, andand of course, the answer is
you get better at doing the thingsotherwise.
Like like that's why you practicein the first place, right?
Yeah.
So so why aren't oil pricesfalling forever?
That's the follow up question

(38:40):
because that's
like people produceand transport and goods and services.
That's what we do.
We practice doing that by doing it,and then we get better at doing it.
And we get even better
when we trade with one anotherand form these networks and stuff. So.
So why isn't everything getting cheaper?
It should, it should. Right.

(39:00):
And if you measure in bitcoinit is getting cheaper.
So that is that reality is already here.
It was here all along.
It's just thatwe didn't have a way of measuring,
property.
So like we've always lived in this
idiotic scheme.
That is when once you seeit is so it's so damn hard to unsee.

(39:22):
Like people steal from us by pretending
that a number is higherthan it actually is.
And they use that to fund the fucking massmurder.
It's just brutal. And it's so sick.
And the lie is so big,so that everyone like the I think that has
a large role in why people can't see it,because it's like two.

(39:44):
It's two. Horrible.
Yeah.
That's what I mean.
I mean, you see the breakingthe brand of the film,
the red in the black is very like horrormovie again.
Like when I was thinking,what kind of movie is this?
At leastthe first half, man. It's a horror movie.
It is like
the things that are doing, man, and thingsthat aren't even included in the film.

(40:04):
I saw this film about foreignaid in Jamaica, about how they were
importing powdered milk,at a subsidized rate.
And so people stopped buyingreal milk in Jamaica.
And so the dairy farmers out thereliterally went out of business
and they had to send their cowsfor slaughter.
You know, used to having this cowas an asset, this, this thing,
maybe it maybe even like a part ofyou feel like part of your family.

(40:27):
It provides for you, you know,and then no one wants the milk anymore.
So you got to send itto make fucking hamburgers.
Like.
And that's just animals, right?
Not to mention all the warsand all the humans and like, like
so yeah, it's a fucking horror movie, man.
Money printing is, it's causesthe most suffering in the world
for sure, hands down.

(40:47):
Yeah.
I saw an interview with Jordan Peelethe other day, and,
where he, he's askedthe question were like,
what's the differencebetween a horror movie and a comedy?
Because he went from comedyto horror, right?
And like,the only difference is the music,
like, it's the soundtrack,just change to the soundtrack.
And he's,

(41:08):
Yeah.
And I'm not suggesting you should turnno more inflation into a comedy
because it's not a comedy.
It's actually happening.
So, like, so it is horror.
So I hope Bitcoin is the
well, maybe not comedy,but maybe rom com bromance.
Com I don't know. Yeah.
No I like the funny thing isI love comedy man.

(41:31):
But for whatever reasonlike I always gravitated towards
more like emotional stories.
I feel like that'swhat grabbed people more.
And so yeah, definitely
once we get into the Bitcoin sideof things, it's much more hopeful.
I mean, not in so many ways.
The film is told through like a narrator.
It's like kind of my story of like,you know, young man in the US

(41:53):
life's getting more and more difficult.
You know, like having,being able to afford
a house and kids,it seems like further and further away.
And so that's kind of the journeythat encapsulate this whole film.
And so as we'regoing through the Bitcoin stuff
and as we reached the end of it,you know, and it's true for me too.
Like you know Bitcoin for me has shown methat there is a way to have a family

(42:16):
and to have a house.
If, if, you know, if I want to buya house, you know, it depends.
See how fast bitcoin keeps going up.Maybe I'll just keep renting.
But at the time, you know,it was like literally like
if someone doesn't have bitcoin,if they're not
saving their money in bitcoinand they want to buy a house,
it's never going to happen.
Like it's never ever going to happen.
And so, you know,and by by the end of the film, you know,

(42:40):
that's what the narrator's journey is,
you know, he's going through like,you know,
I see this as being a possibility,and it really is true.
Like my journey talkingto all these people about inflation
made it more clear in my brain, and aboutBitcoin made it more clear in my brain.
And they all all these stories help me,you know,
see have more hope for the future.
Fortunately for me,I learned about all of these money

(43:03):
printing and inflationand spending problems
while I was learning about Bitcoin.
But fuck man, like if I only knew theproblems and and there was no solution.
Like I wouldn't want to have kids. Why?
For what man? Like fuck dude.
Like they're going to bebreaking rocks, man.
Like shit, you know, likeand so anyway, Bitcoin

(43:25):
really gave me that hope of like,
not only is itpossible for me to have that,
but there's actually a worldthat I can put my kids into
where they could actually exceland maybe make the world a better place,
you know? So,
yeah, there'sdefinitely a yin and yang in the film.
The first half is definitely dark.
You know, that was the idea is to draw outas many people into the deep waters,

(43:46):
make them fully understandthe weight of the problem.
And this is going to beanother one of my sayings.
By the way,
the value of a solution is equal tothe size of the problem it fixes, right?
So when people,
when people understandhow big of a problem inflation
is, they will understand everythingdivided by 21 million.

(44:06):
Right.
So yeah, thatthat's something that stuck in my brain.
Dude, that is such a goodthat it's such a good saying.
What did you say the value of the solutionis equal to the the size of the problem.
It fixes.
That's it a hole.
If you're on a desert and you're fuckingabout to die, it's a pretty big problem.
You know, a bottle of water is,very valuable.

(44:29):
That's what life.
One life.
That's what if water six is a pretty.
Big fucking problem.That's pretty valuable.
You probably give everything you have,probably give you a foot, you know.
A bit of an ego problem,but still, a problem is okay.
So would you say that no more inflation
is a holiday movieor like a Christmas movie?
Yeah. Yeah, exactly.

(44:50):
I gotta put some Santa scenes in there.
No, but seriously,I think it sounds like a Christmas movie.
It starts out with like,hey, everything sucks.
But then again, everything doesn't suckbecause we have bitcoin.
Merry Christmas. Like happy solstice Luke.
Yeah.
This is I mean.
It's it's trickybecause at the end of the day,
I think what all of this boils down tois personal responsibility.

(45:14):
And it's a fucking that's a deep,difficult topic for a lot of people.
All of these things are difficult topics,you know, like inflation,
like you really want to think about that,especially with Trump and Vivek and Elon.
They're supposedto be cutting stuff, right?
But if they get in there and things
keep going up in price,what are you going to do?
Right? Whathow is your life going to change?

(45:35):
How are you going to manage it?
No one's thinking about that dude likeno one is, because I think it's too scary.
And the same thing, the film.
Anyway, I think it is a good holiday film.
I think you should watch itwith your family,
because they should be awareof all these things.
And I think it will deepen your Bitcoinconversations like really, really quickly.
But it does end in personal responsibilitythat at the end of the day,

(45:57):
this is about you doing your own researchand making decisions for yourself.
You know, that's the only waywe get out of this thing.
And that's how you know,you want to fight back.
You want to join in this fight.
You don't have to fight anymore.
You just take responsibilityfor your life.
That's how you fight now.
So anyway, it's a lot of really difficulttopics to throw at somebody

(46:19):
during the holidays,
and they're probably getting drunkand trying to forget everything, you know?
But, I don't know,maybe it does segue into a good,
you know, New Year's resolution of Iwill take more responsibility for my life.
I will understandwhat this problem of inflation is better,
and I will try to position myselfthe best I possibly can for whatever
inflation might be coming.

(46:39):
Like there's your fucking New Year'sresolution, man.
Empty the gyms. Just think about that.
You know, you just created the perfectad for the bitcoin Bitcoin
the inverse of clown world becausethat was like the Tldr on our book.
It really was.
Don't you think so?
Look,
yeah, I absolutely agreewhen you're saying that I'm just like,

(47:01):
man, we're so aligned.
Like and I love that partbecause it's like,
we're coming at thislike making our own projects
and and doing thisall at kind of the same time.
And, I mean, I don't know when your filmwas exactly finished, but, I mean, we
we finished writing this book backin, I guess May, but
but like final edits in like June,July and stuff and released in August

(47:23):
and you're releasing in Novemberand everything.
So clearly we've got like some of
the same ideas are kicking aroundand in our brains, but we're working on
completely different things, but basicallycoming to the exact same conclusion.
I love it, man.
Ever since the first time we we talked,I know we're all
like super alignedand on this mission and I just love it.
And I mean,

(47:44):
you're you're a
master filmmaker and we're doing our bestwith these books and stuff.
And I really hope that, betweenall of this,
our listeners,your viewers, yeah, take up the
the challenge and, that this really doessomething good on you, man.
This is this is really awesome to hear.
Yeah.
Thanks, man.
Again, I, I think, that'swhy I'm confident in the film.

(48:07):
Because I feel like.
And like your book, too.
I haven't had a chanceto read that one yet.
But I think it encapsulatesand probably your book does too.
Like a lot of the thingsthat we talk about and that we feel
and that we know as bitcoinersgoing down the rabbit hole.
And so I think that's why other Bitcoinersare going to resonate with it,
and you're going to want to share itbecause it's like,
look, I've been trying to tell you that,you know,

(48:30):
this Bitcoin thing isn't bad for energy.
You know, watch this.
You know, look at these dudes
fucking extracting methane
and propane and all kinds of other shitfrom these flares.
And you see the fucking flare stack.
Like instead of a flame being this high,it's like this high,
you know, you see these people in Africa
what it meansto actually bring electricity to them.
So again,I think like we are all on the same.

(48:51):
Yeah, we are all seeing these things.
The difficult part is actually gettingthat the average person like at least
interested to take that responsibilityto dive down the rabbit hole.
But yeah,
I and I agree like man, like everybodyI think does what they can do best.
Like for meI just film is what I've been doing.
And you know, when I thought about
how can I contribute to the Bitcoin space,that's just what I know how to do.

(49:13):
You know, and you guys are doingwhat you guys need to do too.
Like we're all important.
We all need to be doing these things.
And, yeah, it's awesome to knowwe're all men fundamentally
kind of on the same page.
And we're pushing through this thingtogether. It's it's awesome.
Makes me really me.
Like the people like you and us likeyou and me and everyone else that,
in my opinion, like you,

(49:34):
you probably couldn't stop yourselffrom writing and working on Bitcoin
if you want it to,you know, become infected.
So people say like Bitcoin hasn't won yetbecause we still need to do things.
And I'm like, well, yeah,but we're fucking infected, man.
And it keeps infecting people.
And go ahead and try and stopif you wanted to like you know.
So that's what I find the most bullishand you know,
and anyway, I know it takes dedication foryou guys to do the book and,

(49:57):
and also for the show disciplinethose things or, you know, persistence.
Those things are not easy.So I commend you guys.
And yeah, thank you for doing whatyou do to men like you guys.
You guys inspiring me too. You know.
Oh thank you man.
Means a lot coming from you.
I mean, this is more than coincidences.
It's like a mind meld, like a global mindmeld on the Bitcoin is, well,

(50:17):
like all the true people, they really cometo the same conclusion sooner or later.
And the funny thing is, we get there
via very different paths.
Like we all have our own little path,but we end up in the same place
and that is like that. We're
we all benefit if we help one another

(50:39):
and everythingis fucking dandy in Bitcoin lab.
So what's your favorite holiday movie?
Oh, holiday movie.
The Grinch is good with Jim Carrey.That's a good one.
That's a good one. What about you?
Yeah, I'm this because I'm I'm
I'm going to cut out Die Hardtwo and Home Alone to.

(51:00):
I'm not going to watch those twothis year.
I'm going to watchno more inflation instead.
But I'm still watching Gremlins twobecause it's the best fucking sequel ever.
But but I would say that Die Hardis probably my favorite, holiday movie.
Yeah.
That's a good one.
Yeah, that's a good one.
Home alone's always good.
But yeah, the Grinch man.I don't know Jim Carrey.

(51:20):
Just so good now. Yeah,the Grinch is good too.
Yeah, yeah, yeah, but Gremlinsone and two, if you haven't seen them,
I should definitely check them out.
I've seen the first one.
I don't think I've seen thethe second, the second one.
It's like all thefourth wall breaking like,
three decades before Deadpool.
I know, and it's it's hilarious.
Awesome.
I'm definitelygonna check that one out, man.

(51:42):
You know,our listeners are going to be confused
because this will be outin like the middle of January.
But we're. Recording this.
You're you're allowed to watch Gremlinstwo in January. Two.
And definitely no more inflation.
Absolutely.
I'd like to to come back to one pointthat you mentioned a while back,
in kind of your explanationof how you built this all up.

(52:05):
You mentioned saying that you explainhow money
printing is the cause of inflation, but
I'm, I'm curious to how you did itbasically because because online
talking to other people who are,
economically more economically literatethan, than necessarily others,
but they still don'tthey still don't understand inflation.

(52:28):
They think it it comes from,
well, greedy corporations is the isI think the,
the real, kind of airhead take here.
But but other other stuff like you,you know, it doesn't come from, from money
printing that that growth in the economyneeds the inflation and,

(52:48):
denying that it comes from, from,from the printing of money, basically.
So how do you explain it in a, in a waythat would convince people
who have such misconceptionsabout inflation?
I'm curious how you did that.
Right.
So, first of all,I was focusing on the average person,
and I felt that the average personwasn't that,

(53:11):
you know, they don't havethat understanding of inflation.
They have no understanding of inflation.
So I wanted to be carefulnot to go and fight on,
you know, their whole crowd for no reason,you know what I mean?
And, again, like I was mentioning earlier,99% of people, you ask 99.99.
Well, if their life would be betterwith no more inflation, I'd say absolutely

(53:33):
sign me up. Right.
But it's that 0.01%that's college educated that was told
you need prices to go upso that prices don't go down,
because prices going downis really bad, right?
That's really what it all rests on. So,
you know, hopefully the film,

(53:54):
beats out somebody that feels that wayand we can discuss it on a podcast.
But really, when I come acrosspeople like that, I like to go back to
Newt's point about thingsshould be getting more efficient.
Right.
And and my favorite example is an Apple.
Like at some pointan apple cost one penny, right?
Okay.
Now it costs almost a dollar.

(54:15):
Certainly we've gotten better
at plantingand harvesting and transporting, right.
Like you don't denying that, right?
We're certainly better at that.Right? Okay.
So why is it a dollar right now.
You know.And there really is no other answer.
There is no other variable in the equationother than the money that you're using,

(54:36):
the measuring stickthat you're using to price that in.
So it has to be more money being created,you know,
and those type of peoplealso they'll say like, oh,
you know, but
even if money can't be printed and like,you know, there's a wheat shortage
or some disaster, then bread will go uptwo times the price and that's inflation.

(54:56):
Like, okay, that's not inflation.
You can call that inflation if you want.
I'm going to call that inflation.
That's just the price.
It's just supply and demand period. Right.
So I don't even entertain that definition.
We're living in a fucking day and agewhere anybody can just change
the definition of shit or define thingshowever they want.
That's how I'm defining it.

(55:17):
Inflation is the increase of dollars,
the increase of the monetary units period.
That's anyways.
Yeah.
So again, but I wasn't reallythat wasn't my target audience.
Right.
I feel like my target audience was morethe average person who doesn't really have
that misunderstanding yet.
So thankfully I don't have to tryto explain all of that.
But when I come across somebodylike an economist, it's

(55:37):
harder for them to argue against,you know what I just said?
But they willsomehow they'll know the pretzel logic.
They'll bend their I don't know, man.
It's crazy.
We were
we were talking earlier todayabout basically all the non Austrian
schools of economics and, and like,
Paul Krugman apparently got into economicsbecause basically

(56:00):
he thought he could predict the futurethrough economics.
And I mean,and I mean that fairly literally like it.
It says so in the on his Wikipedia pagethat the reason that he got into
economics washe was inspired by, Isaac Asimov, who had,
a science fiction book that
that had a sciencethat could accurately predict the future.

(56:21):
And economics was was sort of like that.
And I think all the economists, other than
the Austrians, basicallyare trying to do something like this.
They're making their models,they're trying to put the world
into a particular bubble,and then they're like, well,
this is how it should play out.These are the predictions.
It should all just work.

(56:41):
But they're ignoring reality, basically.
And there's just such a blind spot
on inflation in general.
Like the the the biggest.
Mind blow for me.
I mean, if you can believe it,I still I still get like
just just new bits of

(57:02):
like wow this everythingdivided by 21 million thing.
It's actually pretty damn cool.
It's it's like it actually worksas a, as as an equation of, you.
Put all of the world's.
Economic units onto one sideand all of the stuff onto the other.
Well, as we get bettereconomic growth literally means deflation.

(57:23):
If you have a fixed denominator. It'sjust like that.
That came from our chatwith Jeff Booth recently.
If you haven't seen that one,that honestly, that was probably
our best episode of the show everbecause he was just totally on fire.
But, I don't know what my point was hereexactly, except it's just like it's
once you figure it out,you can't figure it out.

(57:44):
You don't crawl backwards out the rabbithole.
Basically, like once you see it,it's just so damn obvious.
And I think the only variable iswhether people decide
that it's the most important thingin their life.
Basically, if you make that decision,you basically are,
you become a Bitcoin maxi, like 100%.
You put as much energy as possible.
Well, while survivingand all this into Bitcoin.

(58:08):
And if you don't decide
this is the most important thingin your life for whatever reason,
then then maybe, maybe you don't do that,but you still see the world
through a different lens.
I don't know what.
What do you think of of that,
brain fart there?
Yeah, I think,
you're right.
I think the problem is so big,it's like you can't see it.

(58:29):
You know what I mean?
Again, I think it's like gravity.
Like, imagine if, like, you know,you stepped off a building, right?
And you fell off the building, and.
But, like, that wasn't actually reality.
Actually, what was happening is you had,like, ropes, tabs tied around your legs.
And any time you stepped off the building,the rope to pull you down to the ground.
Right. And and that's inflation.

(58:50):
It's just like,that's just what happens in life.
You know, prices goup. Life gets more difficult.
Like I,you know, if I can step off the roof
and I fucking fall down,you know, but it's like,
no, you find Bitcoinand you realize those rocks aren't real.
Like like those are someone is attachingthose to you and pulling you down.
Right?
Then all of a sudden like, oh, I can stepoff the roof and I can fly like, whoa.

(59:11):
Like,you know, like I think it just again, it's
and it's like an invisible rope, right?
You can't even really see it.
So I think that's what's happening is itjust is treated like an, like
a law of nature, you know, and it's justnot questioned what's so ever
and that's why the problem is just,
it's you're just so inside of itthat you can't see it.

(59:33):
And yes, of course, like,if you're gambling,
if you think another coinhas the chance of beating bitcoin,
I mean, I don't know what that is,but otherwise
if you're just gambling on coins,you're not taking responsibility, right?
You're not tricking the problem seriously.
You're not like thinking, okay, well,I need to save as much as I can,
like a fucking squirrel
or like a grasshopper or whatever,you know, for whatever's coming next.

(59:56):
Like.
Yeah, you just don't get it.
And once you do, things make sense, right?
And like, I think this is probablywhat the economists worry about is like,
you have a good moneyand you're going to want to hold on to it.
You're not.
You're only going to want to spend it
on the things that you really,really, really need.
But that's not a fucking bad thing.
Like, you shouldn't spend it on stupidthings that you don't really need, right?

(01:00:16):
You should spend it on good food and,you know, energy shelter
like these things make sense.
You know, I would much rather spenddouble my money on my food,
but it being double nutrientstwice as nutrient, you know what I mean?
So I think like looking to the future,that's the craziest thing.
I think you really,when you start to wrap your head around,
is what the world is going to look likeand like we're going to shed

(01:00:40):
so many unnecessary industriesand like things and materials,
and we're going to focus more onthe things that are actually important,
because those are the thingsthat Bitcoiners
actually will give their Bitcoin for,you know, food, shelter, energy,
you know, memories together.
And so like if you look at thatY Mart chart,
you know, have you seen the price of goldduring the like 1990 1994.

(01:01:03):
Oh yeah.
I don't want to buy any foodin this period.
I want to grow my own food andhave my own food in this fucking period,
because some of those dayswhen you got to eat
that shit, it might costyou a lot of fucking SATs, man, you know?
And so, anyways, I think once we get pastthat volatility, we're going to stabilize

(01:01:23):
in a more natural world where we valuethings that are better for our health.
But that path
and I don't know what that path isgoing to look like, I want to just be able
to spend as need to spendas little of my SATs as possible
to surviveand ideally, strengthen myself up
to a point where I can helpothers survive, sell them food, whatever.

(01:01:46):
You know, like, you know,there's a reason why the farmers get
the finger pointed at themwhen the fucking money is collapsing.
You know, it's because they got this shitthat you really, really, really need
and they know they can charge you for it.
And then the government says, look atthose greedy fucking assholes, you know?
And then, you get screwed.
So, yeah,

(01:02:07):
there's my Brandt brain fart.
I don't even know how those connectedtogether.
Now that I know I love it.
And the funny thing is, like,
I can't wait for, for example,Greta Thunberg to to figure out
that Bitcoin is actually the thing
that was going to solve all of herclimate change problems all along.
Like for like it's first of all, it'sjust going to make people

(01:02:28):
it's going to fix the overconsumptionproblems.
Resource allocation is going to get fixed.
And maybe they'll still find out that,
the climate change movement isa bit of a scam.
But anyway.
That's that's a whole other conversation.
But, yeah, I justI just can't wait until like, the, the
the leftist railing against climate changebasically figure out that that Bitcoin

(01:02:51):
who are saying that Bitcoin is like this,this environmental disaster,
find out that it's, the solution all alonganyway, that's.
No, it's. All I got there. It'sabsolutely the solution.
Like because, because the, the
the the the opposite of
it, it

(01:03:12):
the opposite of,
of quality is equality and not inequality.
Like,
you can only you.
Mix that up. It's.
Yeah.
Mix it up now.
Yeah.
You know,the opposite. Of equality is not.
Equality. It's quality. It's quality.
The opposite of equality is quality.

(01:03:32):
And like the, the, the environmentalproblem is, is overconsumption.
If there is an environmental problem,it's just that
and you can't fix anythingwithin this system that the
that hasinflationary money, it's impossible.
And it's like backto these basic questions like what
what is every everything in the world.

(01:03:53):
Its price is derivedfrom supply and demand.
And supply is subjective.
Demand is subjective.
And with Bitcoin you have an absolutely
there's an absolute limitto the supply side.
So what you end up with is inevitablyeverything divided by 21 million.

(01:04:16):
There's no way around that.
And that is going to outperformeverything else.
And then it doesn't matter if Bitcoin usesas much energy as a country.
You know shut down country X,then it's not needed anymore.
Like that's
I mean I, I can't think of itany way other way than that.

(01:04:36):
I can frame it in any other way.
Yeah. Norway's pretty useless.
Yeah.
If they. Really cared about the.
Climate. And.
They would demand the government
require a bitcoin mineron every fucking flare stack.
You know, like,I think the methane that those,
that those flares emit are like

(01:04:58):
much more damaging than all of the likethe CO2 and everything like that.
So if they really care, like they canjust, you know, use a solution like that.
But yeah, you're right.
The consumerism obviously would and like,
what's consumption in war?
It's like blowing shit up, you know,and then you got to rebuild that shit too.
It's like it's,consumption is a crazy fucking thing. And.

(01:05:21):
Yeah, like you're saying, like,
you take money, the money variableout of a trade with Bitcoin, right?
It's purely supply
and demand with Bitcoin with fiat,it's supply and demand divided
by all the fucking money in the world
basically, you know, and yeah go ahead.
No, no I was not going to interrupt you
but but while I'm atit, I might as well like see

(01:05:45):
the, the,
the price signal is what
prevents, resource misallocation.
If you have correct pricesand resources, don't get mis allocated.
And this is why, socialism fails.
It's because it'snot because of an incentive problem.
It's because of a pricing signal problem.

(01:06:06):
If the prices are wrongso that you prioritize
the wrong things, resourcesget mis allocated.
This is the rootof any environmental problem.
It's the misallocation of resources.
And if we want toand what's the correct allocation?
It's what people want.
Like what all people wantand how much energy
and effort they put into get that thing that they want.

(01:06:28):
So what other metriccan you measure something like that by?
Like, otherwise it's just some assholeimposing his will on everyone else.
Right?
That's why I was gonna sayit's like Luke's thing
about, like, the guy playing God,thinking that you can.
You know whatthe future is supposed to be or
or what's best for everybody,and you just can't do it,
you know, like an octopushas brains all over its tentacles.

(01:06:51):
It'd be like, okay, octopus,
you're not going to use those brainson your tentacles anymore.
We just got one right here,and we're going to know.
We know better than whatyou could fucking possibly know.
All the way at the end of the tentacles,
doing your own thing like, no,we can decide better than you right now.
Let the fucking octopus have its brainsand its tentacles, you know, like,
let us be our own brains.
Let us determine what's best for uson the ground right here.

(01:07:14):
Don't try to look from fucking 30,000ft.
Because, dude, people are so detached.
Like the tradfi people that I see getting into Bitcoin.
They're like, yeah, inflation's bad.But you know, it's not that bad.
I still see people out therespending like the shopping mall
still got people in it.
I'm like,
dude, are you so disconnected that youreally don't know what's going on here?
And they really don't, you know?
So you couple.
That with this God like desire or not

(01:07:38):
think you have this power to knowwhat's supposed to happen
and you take awayall the brains on the fucking octopus.
It's fucking retarded.
Yeah, a thought just struck me.
The octopi masturbate.
And if so, how,
do they use their brain or older brainsthat there's a.
This is a brain fart? Yes.

(01:08:00):
I mean, they're aliens, so whatever theydo, they do it better than us.
Math.
I mean, eight arms, brains everywhere.
Like it sounds like.
It sounds likethey have a good time to me.
Yeah, yeah, it seems like they can, like,stimulate and and,
understand the stimulationbetter than anything in the world.
Fucking aliens, man.

(01:08:24):
Yeah.
Sure. Hey,
I think I think we've I think we aresuper excited now, and I hope
everyone listening to this and watchingthis is excited to go check out your film.
No more inflation.
And, yeah.
Like, hey,
what what, what's next for you?

(01:08:45):
What what'swhat's coming up on the horizon?
Like, you're,
you're you still, like, just working ongetting this thing out as far as possible,
or is there something else coming up or,what's next for you?
Yeah, it's just really gettingthis thing out there as much as possible.
So really, the focus right now is just toget as many people to watch it, you know?

(01:09:05):
So if you haven't watched it, you know,watch it, if you've watched it, share it
with somebody, you never know what doorthat's going to open, what person
they know, what connection that'sgoing to make at the end of the day,
the goal has always been with this projectto have as many people
trip down the rabbit hole as possibleand for a selfish reason, like,
I want the transition from Fiat to bitcointo be as smooth as it possibly can.

(01:09:29):
And I know that the strongerthe more people have Bitcoin,
the more decentralized the wealth is,the more strongholds we're going to have
and the smootherthe transition is going to be.
So this was me being infected by Bitcoin,asking myself what can I do
and putting it out there to, you know,make my contribution and make it known.
And so again,

(01:09:50):
I'm just going to beat the drumbecause everybody knows
you can make something that's great.
But if nobody knows about it then like,you know,
it's it's,you know, you need it to get seen.
So I feel like halfthe battle is done, you know,
I'm open to any ideasthat anyone has to show it to more people
that people in other countrieshave been doing screenings.
Cool with that.

(01:10:11):
I want to do it in colleges.
I want to like, you know, again,
that's the only thing needs to happen.
More people need to see thisand it's going to open the right door.
And then, you know, you'll see me on JoeRogan, you'll see it on HBO,
you'll see it on Netflix,something like that.
And, you know, I really believeif this message gets out there, you know,
this orange pill of this is what inflationis, this is what it looks like.

(01:10:32):
This is what it's paying for.This is how it ends.
This is why it's happening.This is why Bitcoin fixes it.
This is whymaybe the energy shit you heard is wrong.
The crime stuff, the volatilityand ultimately
you need to take responsibility.
I think if 200 million peopleget that message, we might actually like,
like actually have an impact,you know, in the world like quickly.

(01:10:57):
Otherwise bitcoin will continue
to do its thing and people will get inat the price that they deserve.
But anyway, this is me,you know, again, just filling,
fulfilling that obligation,I guess that Bitcoin
kind of implanted in me of like,hey, do something like this is important.
You should do something.
And so yeah,we'll just see where this, this takes me.
And we'll go from there.
Who knows?Who knows what's going to come next.

(01:11:18):
But, I'm absolutely gratefulfor the journey I've already had.
I mean, honestly, you guys too, man,like all the time we spend together.
And can you have a cameo in the film, too?
And just like a little B-roll shot of you,
so it's, Yeah, it reallythe journey was the best part about this.
So no matter what happens, man, like,man, it's just it's a dream come true.

(01:11:40):
So anyway, no more inflation.com.
Go check it out.
And, I did I, I honestly really doappreciate you guys, man a lot.
Really. It means a lot to me.
Thank you.
Right back at you, dude.
And, Yeah. Make this,make this a tradition.
Watch it every holiday season.
I'd say, it's worth, rewatching for sure.
Shooter.

(01:12:00):
Anywhere elseyou want to send our listeners, then?
Bitcoin.
Well, then no more inflation Xcom yeah.
TwitterX at Bitcoin shooter and that's it.
And make
sure to shoot shoot or some setsand see the movie.
There you go. Yeah.
Perfect dude.
Great to have you here.
This has been the Bitcoin infinity.

(01:12:22):
What what.
No I'm not going to do your part Luke.You have to do it.
Well yeah I know we're changing it anywayso it doesn't even matter.
But hey man,I just echoing what Kanoute said.
Really appreciate you.
Glad we could, have you on.
I hope this gives you a signal boost.
And honestly, we havewe have one place where we maybe
can can do another signal boost of,of of the film.

(01:12:44):
We are on the organizational team
for BTC Hell in Helsinki this August.
There is a movie theater in the conferencevenue we would love to screen.
No more information during the conferenceif you like.
Sounds good.
Yeah.
Awesomeand would love to have a conference.
Of course. Even more importantly.

(01:13:05):
That's that was a lot think.
And yeah, we'll see how it goes man.
You know I got to catch up on some of thisfiat work there.
And the project was really great.
But you know, now it's like going toconferences had a purpose.
And now it's kind of like, I want to goto see everybody and have a good time.
It's just I gotta balance thethe opportunity risk.
And, you know, really
the next mission is starting a familyand the real challenge begins.

(01:13:28):
So, that's going to be my main focus.
But, yeah, of course, man.
Love for you guys to screen it. Yeah.My blessing.
And yeah, if I can make it out there,I'll definitely be there.
Fantastic.
And hope, hope it's not too longbefore we see you in person.
If it's if it's not there.
But are you going to Colombia?
El Salvador anytime soon, by the way?
I won't be there playing catch up, man.

(01:13:49):
Life's catching up with me. Yeah.
Well, we'll see you when we see you.
Great having you on. Anyway.
And all the best yet. Thanks, guys.
Thanks, shooter. Till next time.

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No More Inflation with Bitcoin Shooter - Bitcoin Infinity Show #146

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