Fighting Financial Apartheid with Ray Youssef - FFS #64

1 00:00:00,067 --> 00:00:01,777 Ray, welcome to the Freedom Footprint Show. 2 00:00:02,222 --> 00:00:03,252 Thank you so much, brother. 3 00:00:03,332 --> 00:00:03,892 I appreciate it. 4 00:00:04,177 --> 00:00:04,657 You got that one 5 00:00:04,657 --> 00:00:04,837 off? 6 00:00:04,837 --> 00:00:05,257 Yeah. 7 00:00:06,247 --> 00:00:06,577 Seriously. 8 00:00:07,277 --> 00:00:11,167 We have the great American Egyptian Commando, 9 00:00:14,287 --> 00:00:16,717 in the house, something like that. 10 00:00:16,722 --> 00:00:22,327 So Ray, would you give our listeners the TLDR on, on, uh, on 11 00:00:22,327 --> 00:00:24,357 who you are and, uh, why you're in 12 00:00:24,357 --> 00:00:24,807 this room? 13 00:00:26,307 --> 00:00:27,267 ? My name is Ray Yusef. 14 00:00:27,267 --> 00:00:28,977 Uh, I'm a serial entrepreneur. 15 00:00:29,032 --> 00:00:29,452 I'm also. 16 00:00:30,222 --> 00:00:32,802 I'm a first generation immigrant to America from Egypt. 17 00:00:33,742 --> 00:00:36,222 I came over when I was two years old, not alone, naturally. 18 00:00:36,552 --> 00:00:40,972 My father went first and my mother brought me and my sister over and my 19 00:00:40,972 --> 00:00:43,352 parents were pursuing the American dream and they were doing so. 20 00:00:43,352 --> 00:00:46,292 It was, there was no opportunity back home where they were, which is 21 00:00:46,432 --> 00:00:51,632 sad and kind of insane considering how rich of a country Egypt is. 22 00:00:52,392 --> 00:00:55,852 But looking back on my life and coming to know the world as I have. 23 00:00:56,657 --> 00:01:00,467 There's a lot of countries like that, Nigeria, you know, all the 24 00:01:00,467 --> 00:01:02,057 entire global South, basically. 25 00:01:02,087 --> 00:01:05,297 These countries are loaded with natural resources, brilliant young people, 26 00:01:05,897 --> 00:01:06,897 and there's no opportunity there. 27 00:01:06,957 --> 00:01:08,067 So we came to the West. 28 00:01:08,067 --> 00:01:08,247 We had 29 00:01:08,247 --> 00:01:08,947 a hard life. 30 00:01:09,547 --> 00:01:12,397 I grew up in Hell's Kitchen in New York in the eighties and nineties, 31 00:01:12,397 --> 00:01:16,377 working at my parents newsstand, which was quite the education on how to 32 00:01:16,377 --> 00:01:18,107 do business on the street, yet it served 33 00:01:18,117 --> 00:01:18,667 me well. 34 00:01:19,417 --> 00:01:21,527 Then I became an entrepreneur. 35 00:01:22,357 --> 00:01:22,697 It just 36 00:01:22,697 --> 00:01:23,907 means no one would hire me. 37 00:01:23,907 --> 00:01:28,697 So I taught myself how to code, started building websites and, 38 00:01:28,697 --> 00:01:34,677 uh, ironically enough for over 20 years, um, all my startups were peer to peer. 39 00:01:35,797 --> 00:01:40,197 All of them were peer to peer, peer to peer, music, peer to peer, ringtones, 40 00:01:40,237 --> 00:01:44,297 peer to peer, file sharing, peer to peer, everything, just trying to cut out the 41 00:01:44,297 --> 00:01:45,507 middleman, right? 42 00:01:45,507 --> 00:01:47,167 And, and every single, um. 43 00:01:47,672 --> 00:01:49,302 Startup that I had, the problem was always 44 00:01:49,302 --> 00:01:49,912 billing, right? 45 00:01:50,012 --> 00:01:52,662 And then I discovered peer to peer electronic 46 00:01:52,662 --> 00:01:53,122 cash. 47 00:01:53,122 --> 00:01:55,732 And I'm like, Hey, wait a minute now, this might solve my 48 00:01:55,732 --> 00:01:56,282 problem. 49 00:01:56,342 --> 00:01:58,102 That's why I'm here because I've spent the 50 00:01:58,102 --> 00:02:00,302 past eight years building a peer to peer 51 00:02:00,302 --> 00:02:01,022 marketplace. 52 00:02:01,422 --> 00:02:01,672 Yeah. 53 00:02:01,892 --> 00:02:03,632 Used it on top of Bitcoin. 54 00:02:05,222 --> 00:02:07,102 And I got about 13 million users in 55 00:02:07,102 --> 00:02:08,292 Africa and the global South. 56 00:02:09,222 --> 00:02:13,532 Some really big wins in that last project in that, um, besides being a 57 00:02:13,532 --> 00:02:15,312 bootstrap company, that's always nice. 58 00:02:15,842 --> 00:02:19,662 I never took VC money, say no to the man, no judgements. 59 00:02:20,772 --> 00:02:24,522 Um, with number one, we got the first Bitcoins into Africa, which is extremely 60 00:02:24,522 --> 00:02:28,372 difficult because it's hard to get money out of Africa, so how are the Africans 61 00:02:28,372 --> 00:02:31,752 going to pay for the Bitcoin from the Americans, Europeans, and Chinese? 62 00:02:32,582 --> 00:02:34,562 So we had to figure out a hack there, and I'll happily tell 63 00:02:34,562 --> 00:02:35,662 you how that hack happened. 64 00:02:36,252 --> 00:02:36,832 But the best 65 00:02:36,832 --> 00:02:38,692 thing, for me, 66 00:02:39,752 --> 00:02:41,832 was that, uh, watching 67 00:02:41,832 --> 00:02:47,372 how the Africans use Bitcoin taught me about what Bitcoin was truly good for. 68 00:02:47,972 --> 00:02:48,852 Because they're the ones that 69 00:02:48,852 --> 00:02:53,822 showed me, hey, this is not just a store of value or a speculative asset class. 70 00:02:53,952 --> 00:02:55,622 It's not about the price, it's about the purpose. 71 00:02:55,622 --> 00:02:58,202 And their purpose was to solve their biggest problem, which is that 72 00:02:58,832 --> 00:03:00,402 they can't move their money around. 73 00:03:00,512 --> 00:03:03,332 Their money is trapped, you know, if you want to send money from... 74 00:03:04,062 --> 00:03:07,842 Nigeria to Cameroon, you're better off getting on a bus 75 00:03:07,842 --> 00:03:09,202 with a suitcase full of cash. 76 00:03:09,662 --> 00:03:12,422 Because the inter swift pan African banking system is even worse 77 00:03:12,732 --> 00:03:14,522 than the western banking system. 78 00:03:14,962 --> 00:03:15,352 Right? 79 00:03:15,372 --> 00:03:18,652 And there's all kinds of issues there, but the Africans basically showed 80 00:03:18,652 --> 00:03:20,422 me what Bitcoin was truly good for. 81 00:03:20,422 --> 00:03:25,592 It's about the purpose, and that is as a medium of exchange, rather than the price. 82 00:03:25,902 --> 00:03:26,292 So, 83 00:03:27,042 --> 00:03:27,582 thank you to 84 00:03:27,582 --> 00:03:30,342 them, and because I listen to them, that's why I'm here. 85 00:03:30,582 --> 00:03:31,322 People respect 86 00:03:31,322 --> 00:03:34,422 me, not because I'm the smartest guy in the room, but... 87 00:03:34,872 --> 00:03:37,002 Because I had the sense 88 00:03:37,532 --> 00:03:41,302 to humble myself, go to the global south, talk to the actual customer, 89 00:03:41,922 --> 00:03:44,082 and listen to them, and here I am. 90 00:03:44,922 --> 00:03:45,312 So, 91 00:03:45,492 --> 00:03:49,062 so where do you, what trends do you see in the world right now? 92 00:03:49,062 --> 00:03:52,952 Where is the global south going, and where, maybe more importantly, where 93 00:03:52,952 --> 00:03:55,252 is the western civilization going? 94 00:03:55,262 --> 00:03:57,152 Like, if you can even call it that at this 95 00:03:57,152 --> 00:03:57,422 point. 96 00:03:57,762 --> 00:03:57,862 Yeah. 97 00:03:58,857 --> 00:03:59,147 Yeah, well, 98 00:03:59,147 --> 00:04:01,767 I kind of saw the writing on the wall about 15 years ago 99 00:04:01,777 --> 00:04:02,887 when I started waking up, 100 00:04:03,337 --> 00:04:03,877 you know, 101 00:04:03,927 --> 00:04:04,307 and, 102 00:04:04,307 --> 00:04:04,567 uh, 103 00:04:06,067 --> 00:04:08,277 the more I woke up, the more rabbit holes I fell down. 104 00:04:08,277 --> 00:04:09,457 I just became disgusted. 105 00:04:09,557 --> 00:04:12,897 I looked around me and I'm here in New York City in the middle of this 106 00:04:12,917 --> 00:04:14,367 kind of Western civilization where 107 00:04:14,367 --> 00:04:18,477 all the money is, the UN is right across the street, and the State Department was 108 00:04:18,477 --> 00:04:19,167 right across the 109 00:04:19,187 --> 00:04:20,647 street, and the big J. 110 00:04:20,647 --> 00:04:20,837 P. 111 00:04:20,837 --> 00:04:21,687 Morgan was right 112 00:04:21,687 --> 00:04:24,427 across the street, and I'm in the center of it all. 113 00:04:25,377 --> 00:04:26,287 And I remember sitting 114 00:04:26,287 --> 00:04:29,067 there, um, I was actually homeless at the time 115 00:04:29,707 --> 00:04:33,787 because I went down this rabbit hole, all I did was devour books and I'm 116 00:04:33,787 --> 00:04:36,387 sitting there across the street from the Council of Foreign Relations. 117 00:04:36,757 --> 00:04:40,307 This is the place where all the world wars were started, I'm sitting there, 118 00:04:40,827 --> 00:04:46,107 some Domino's pizza from the garbage, the raw dough, and I'm looking at this place, 119 00:04:46,207 --> 00:04:52,157 and I'm like, am I ever going to make a change in this world, like, I'm a, but 120 00:04:52,337 --> 00:04:57,207 by then I was a crazed conspiracy loon just by myself, and homeless as well, and 121 00:04:57,207 --> 00:05:01,657 I just remember looking at that building and wondering, how are we going to 122 00:05:01,667 --> 00:05:02,467 stop this? 123 00:05:04,602 --> 00:05:06,692 So, at that point, 124 00:05:06,692 --> 00:05:09,462 you know, I was totally disgusted and I was looking for a way to make a difference 125 00:05:09,722 --> 00:05:14,812 and magically I discovered Bitcoin and it reawoke the fighter in me because I saw 126 00:05:14,822 --> 00:05:18,902 a path to victory at that point, because I understand that this battle for 127 00:05:18,902 --> 00:05:22,802 humanity, and that's exactly what it is, is fought in four different dimensions, 128 00:05:22,802 --> 00:05:23,132 right? 129 00:05:24,572 --> 00:05:26,132 Pillars of power, you could also call them. 130 00:05:26,602 --> 00:05:28,522 The first and most important is the spiritual. 131 00:05:28,762 --> 00:05:29,572 That's our base. 132 00:05:30,052 --> 00:05:31,092 Looking around me in America, 133 00:05:31,162 --> 00:05:32,032 it was gone, man. 134 00:05:32,802 --> 00:05:34,992 The enemy, the goal of every enemy general is 135 00:05:35,032 --> 00:05:36,462 to demoralize your opponent. 136 00:05:36,512 --> 00:05:38,182 Well, America was demoralized. 137 00:05:38,562 --> 00:05:39,202 It's a corpse. 138 00:05:39,202 --> 00:05:40,222 I looked at it like, damn, we're not 139 00:05:40,222 --> 00:05:40,892 going to win that one. 140 00:05:40,932 --> 00:05:41,922 Not here. 141 00:05:42,382 --> 00:05:44,012 The Global South is a different story. 142 00:05:44,382 --> 00:05:45,542 They still have that spiritual. 143 00:05:48,567 --> 00:05:52,717 And the second, uh, dimension is, uh, military, physical combat, 144 00:05:52,797 --> 00:05:53,827 not going to win there. 145 00:05:54,217 --> 00:05:54,827 These devils 146 00:05:54,847 --> 00:05:57,507 have the biggest navies in the world, no fucking chance, right? 147 00:05:58,517 --> 00:06:00,617 And the third is the information war. 148 00:06:01,247 --> 00:06:03,407 And back then it was totally locked down. 149 00:06:03,407 --> 00:06:07,787 Social media was around, but right now we're starting to see social media 150 00:06:07,787 --> 00:06:11,567 really pick up giving people a voice and they're starting to change the narrative. 151 00:06:11,577 --> 00:06:12,227 However, 152 00:06:12,937 --> 00:06:13,987 looking at that and 153 00:06:13,987 --> 00:06:16,057 thinking adversarially, as I always do. 154 00:06:16,832 --> 00:06:19,472 The tactics of the dark side, um, is simple. 155 00:06:19,542 --> 00:06:22,122 They know the sons and daughters of Adam, that's those humans, 156 00:06:22,662 --> 00:06:24,082 are very forgetful creatures. 157 00:06:24,392 --> 00:06:27,852 So all they have to do is keep lying, lying, lying, wait till we forget, wait 158 00:06:27,852 --> 00:06:31,372 till we get tired, wait till we get more desperate, and then rinse and repeat. 159 00:06:31,502 --> 00:06:35,322 So we can't win there either, at least not on that front without backup. 160 00:06:35,322 --> 00:06:35,572 So 161 00:06:36,122 --> 00:06:40,442 the first dimension, or the fourth dimension really, and the most important 162 00:06:40,452 --> 00:06:41,762 pillar of power is the financial. 163 00:06:43,782 --> 00:06:47,892 At first, use that to buy media control, program our minds, and 164 00:06:47,902 --> 00:06:49,272 gain control of our armies. 165 00:06:49,622 --> 00:06:54,522 Then, move the chess pieces around and have more power after every round, right? 166 00:06:54,522 --> 00:06:55,272 We're in round three 167 00:06:55,272 --> 00:06:55,762 right now. 168 00:06:56,402 --> 00:06:58,412 So we have to focus on that financial pillar. 169 00:06:58,412 --> 00:06:59,692 We have to take on that first. 170 00:07:00,902 --> 00:07:05,182 And the only way to do that, is by solving the biggest problem in the 171 00:07:05,182 --> 00:07:06,392 world, which is the money problem. 172 00:07:06,902 --> 00:07:07,462 It's not that 173 00:07:07,482 --> 00:07:09,282 there's not enough money to go around, 174 00:07:09,992 --> 00:07:13,592 because money is just work, and there's 3 billion unemployed young people in 175 00:07:13,592 --> 00:07:14,842 the world that really want to work. 176 00:07:14,852 --> 00:07:18,112 All we have to do is give this world this new global financial 177 00:07:18,112 --> 00:07:19,552 architecture that it needs, so 178 00:07:19,552 --> 00:07:21,322 people can trade with each other. 179 00:07:21,982 --> 00:07:22,202 That is 180 00:07:22,202 --> 00:07:25,012 truly the, the mission of Bitcoin, right? 181 00:07:25,012 --> 00:07:26,702 It's not just to have a wallet. 182 00:07:27,392 --> 00:07:28,422 It's so that we can trade. 183 00:07:28,422 --> 00:07:31,822 Satoshi Nakamoto knew that, you know, the first version of Bitcoin Core 184 00:07:31,822 --> 00:07:33,342 had all these marketplace functions. 185 00:07:33,822 --> 00:07:35,382 I happen to be the only guy that built a 186 00:07:35,382 --> 00:07:36,772 marketplace organically 187 00:07:37,212 --> 00:07:37,872 in Bitcoin. 188 00:07:37,902 --> 00:07:40,452 So, hey, we're going to make it unstoppable, permissionless, 189 00:07:40,502 --> 00:07:41,312 and decentralized. 190 00:07:41,802 --> 00:07:43,882 And the global South will be the ones to lead it. 191 00:07:44,402 --> 00:07:49,602 All we need to do is deliver this path to them, and we're going to see rapid change. 192 00:07:49,762 --> 00:07:53,392 Rapid change, as in, within five years, you could start 193 00:07:53,392 --> 00:07:55,962 seeing breakaway civilizations. 194 00:07:56,422 --> 00:07:57,632 All throughout the global South. 195 00:07:57,672 --> 00:07:58,702 You know, it sounds crazy. 196 00:07:58,702 --> 00:07:59,112 Wow. 197 00:07:59,512 --> 00:08:01,222 Is Wakanda really possible? 198 00:08:01,822 --> 00:08:04,032 Well, yeah, it really is. 199 00:08:04,032 --> 00:08:04,432 I mean, 200 00:08:04,772 --> 00:08:06,232 Zimbabwe was 201 00:08:06,432 --> 00:08:09,702 on, on the course to be the next like Wakanda. 202 00:08:10,942 --> 00:08:11,992 And then what happened? 203 00:08:12,942 --> 00:08:14,292 One trillion dollar notes. 204 00:08:14,637 --> 00:08:14,667 Yes. 205 00:08:14,677 --> 00:08:14,907 Yeah. 206 00:08:14,937 --> 00:08:16,147 Mugabe is evil. 207 00:08:16,167 --> 00:08:17,557 And it just doesn't stop. 208 00:08:18,147 --> 00:08:19,537 And they went the way of Venezuela. 209 00:08:20,407 --> 00:08:23,177 And it just happens every single time you have a civilization 210 00:08:23,177 --> 00:08:24,377 that is ready to break away. 211 00:08:24,717 --> 00:08:25,587 They get smashed. 212 00:08:25,587 --> 00:08:29,277 It doesn't matter if they're black or if they're white, like the Yugoslavians. 213 00:08:29,367 --> 00:08:31,967 like a superpower in Europe. 214 00:08:31,967 --> 00:08:35,877 They had their own space program and then, then balkanized. 215 00:08:36,612 --> 00:08:37,862 Broken up into pieces. 216 00:08:38,382 --> 00:08:41,792 This dark entity out there doesn't care if you're black, white, brown, 217 00:08:41,792 --> 00:08:43,152 yellow, it's going to come after you. 218 00:08:43,442 --> 00:08:46,762 If you're getting too rich, taking care of your people too well, 219 00:08:47,032 --> 00:08:48,312 you're going to get the boot now. 220 00:08:48,632 --> 00:08:49,842 And that's the constant 221 00:08:49,852 --> 00:08:50,192 trend. 222 00:08:50,772 --> 00:08:55,532 Once the Global South has leaders that are not afraid, then things will change. 223 00:08:55,552 --> 00:08:56,162 Now the reason 224 00:08:56,162 --> 00:08:59,452 these leaders in the Global South are afraid to stand up to this entity 225 00:09:00,607 --> 00:09:03,957 It's simple, they might be nice guys, they might want to help their 226 00:09:03,957 --> 00:09:07,237 people, and I believe most of them do, but their bank accounts are 227 00:09:07,237 --> 00:09:09,107 in London, Paris, and New York, 228 00:09:10,437 --> 00:09:12,857 so they step out of line, that's it, 229 00:09:15,307 --> 00:09:16,107 that's why the global 230 00:09:16,157 --> 00:09:20,297 south needs, it stands the most to benefit. 231 00:09:20,517 --> 00:09:24,042 from solving this problem, the money problem, and once we solve it for 232 00:09:24,042 --> 00:09:29,482 them, they will pick the entire world up together, even the West, 233 00:09:29,542 --> 00:09:33,672 as it's spiraling down now into destruction, and it absolutely is. 234 00:09:33,892 --> 00:09:36,262 In fact, I think the whole West has been a corpse, or at least 235 00:09:36,262 --> 00:09:36,862 America. 236 00:09:37,872 --> 00:09:42,782 For the past 20 years, really since, since they got JFK, honestly, and 237 00:09:42,782 --> 00:09:45,952 the Catholic Church, you know, it all happened around the same time. 238 00:09:47,142 --> 00:09:49,272 They destroyed the moral fiber of the country and it's just 239 00:09:49,272 --> 00:09:50,882 been chopping it down ever since. 240 00:09:51,462 --> 00:09:53,572 But as the Global South rises, and it is, 241 00:09:53,702 --> 00:09:55,522 it will pick up the entirety of the world. 242 00:09:55,737 --> 00:09:56,417 That's what I believe. 243 00:09:57,157 --> 00:09:58,537 I do believe I answered your question. 244 00:09:58,787 --> 00:09:59,127 Yeah. 245 00:09:59,127 --> 00:09:59,387 Yeah. 246 00:09:59,637 --> 00:10:02,667 So what's, what's the money situation in Egypt? 247 00:10:02,757 --> 00:10:05,617 Like it's Egypt. 248 00:10:06,217 --> 00:10:07,807 This is just to lead up to the joke. 249 00:10:07,807 --> 00:10:09,757 It's Egypt, the pyramid scheme, like 250 00:10:11,357 --> 00:10:15,307 it's just a scam at this point, you know, the whole thing is, it's not 251 00:10:15,307 --> 00:10:17,117 even, it's not even, it doesn't even qualify as a scheme. 252 00:10:17,117 --> 00:10:17,997 It's just a scam. 253 00:10:18,037 --> 00:10:21,317 Like all the economies of the global South are basically 254 00:10:21,367 --> 00:10:24,707 a huge scam set up by these, you know, central bankers. 255 00:10:25,787 --> 00:10:28,377 That incentivizes corruption was, you know, people always 256 00:10:28,377 --> 00:10:29,877 ask me, you know, Egypt is an 257 00:10:29,887 --> 00:10:32,577 African country, or at least it used to be culturally. 258 00:10:32,577 --> 00:10:36,937 And then once Gamaldo Nasser died, they took Egypt away from Africa 259 00:10:36,937 --> 00:10:38,067 and put it with the Middle East. 260 00:10:39,167 --> 00:10:40,157 And that was a mistake. 261 00:10:40,777 --> 00:10:41,307 Unfortunately, the 262 00:10:41,317 --> 00:10:45,027 Egyptians ended up being second or third rate Arabs instead of first 263 00:10:45,027 --> 00:10:45,897 rate Africans. 264 00:10:45,897 --> 00:10:47,367 This was all by design. 265 00:10:48,037 --> 00:10:48,437 So, 266 00:10:48,437 --> 00:10:53,422 um Yeah, the financial system in Egypt is just like the rest of the global south. 267 00:10:53,482 --> 00:10:54,782 It is basically a vassal 268 00:10:54,792 --> 00:10:55,162 state 269 00:10:56,072 --> 00:10:58,392 and all the, you know, if you go to the 270 00:10:59,032 --> 00:11:02,552 minister of economics in any global south nation, their 271 00:11:02,552 --> 00:11:04,792 number one concern is, do we have enough? 272 00:11:04,852 --> 00:11:07,845 And I 273 00:11:07,845 --> 00:11:10,838 believe my 274 00:11:10,838 --> 00:11:15,327 video is out. 275 00:11:15,327 --> 00:11:16,824 Until 276 00:11:16,824 --> 00:11:19,816 next time, 277 00:11:19,816 --> 00:11:21,313 bye. 278 00:11:21,313 --> 00:11:22,809 Bye. 279 00:11:22,809 --> 00:11:24,306 Bye. 280 00:11:24,306 --> 00:11:25,802 Bye. 281 00:11:25,802 --> 00:11:27,299 Bye. 282 00:11:27,299 --> 00:11:28,795 Bye. 283 00:11:28,795 --> 00:11:30,292 Bye. 284 00:11:32,542 --> 00:11:34,342 Your whole country is 20 percent poorer. 285 00:11:34,992 --> 00:11:35,872 And that's what's happened. 286 00:11:36,152 --> 00:11:37,002 They have that power. 287 00:11:37,002 --> 00:11:39,392 They can do the same thing to gold or silver, and they have them. 288 00:11:40,082 --> 00:11:40,822 This is the problem. 289 00:11:40,822 --> 00:11:40,952 They 290 00:11:40,952 --> 00:11:42,022 control price discovery. 291 00:11:42,022 --> 00:11:42,152 So 292 00:11:42,152 --> 00:11:42,262 if 293 00:11:42,262 --> 00:11:44,612 any one of these guys in the global south steps out of 294 00:11:44,612 --> 00:11:46,582 line, they're going to get the 295 00:11:46,592 --> 00:11:50,232 call and the call is going to be like, Hey, you're doing something 296 00:11:50,232 --> 00:11:51,482 we don't like, don't you know? 297 00:11:52,072 --> 00:11:55,892 We can make you a whole lot poorer overnight, and you better step in line. 298 00:11:56,822 --> 00:11:59,192 That's it, they don't need guns, they don't need the marines to 299 00:11:59,192 --> 00:12:01,072 land, they control price discovery. 300 00:12:01,102 --> 00:12:05,672 It's a little mad wizard on this dashboard of evil and he's got the little levers. 301 00:12:06,182 --> 00:12:09,742 Let me punish him and say, oh, this guy is sucking up real nice, let me give him a 302 00:12:09,742 --> 00:12:09,832 little 303 00:12:10,052 --> 00:12:10,202 bit more. 304 00:12:11,942 --> 00:12:12,822 And this is what we're up against. 305 00:12:13,972 --> 00:12:14,182 So, 306 00:12:14,182 --> 00:12:17,562 so, so how does that quote unquote war play out? 307 00:12:17,572 --> 00:12:22,192 How, how does Bitcoin take over Africa and South America? 308 00:12:22,202 --> 00:12:27,882 It's like people like Bukele will, will they show up, uh, in Africa as well? 309 00:12:27,882 --> 00:12:29,752 Or like, uh, or is this a 310 00:12:30,672 --> 00:12:32,592 roots, roots movement, grassroots movement? 311 00:12:32,952 --> 00:12:35,702 Yeah, there's not going to be a Bukele in Africa because the pressures are very 312 00:12:35,702 --> 00:12:36,052 different. 313 00:12:36,052 --> 00:12:39,452 Remember, Bukele is already using the US dollar, so they can't get 314 00:12:39,452 --> 00:12:43,402 him with the whole inflationary currency wars attack right there. 315 00:12:43,412 --> 00:12:44,352 He was also very, 316 00:12:44,932 --> 00:12:49,042 um, I don't like to use the word egotistical because I'm a fan of Bukele, 317 00:12:49,042 --> 00:12:54,187 but He had a, he had an objective and it was very, you know, he just pursued it. 318 00:12:54,187 --> 00:12:56,897 But the Africans are going to be far more practical, right? 319 00:12:57,307 --> 00:12:58,017 They want things. 320 00:12:58,027 --> 00:13:02,167 They're going to make them money, help them save money, let them use their money. 321 00:13:02,167 --> 00:13:03,807 It's very, very practical over there. 322 00:13:04,237 --> 00:13:04,957 And they have to, they are 323 00:13:04,957 --> 00:13:06,247 towing a very fine line. 324 00:13:06,247 --> 00:13:08,797 Because remember, African leaders that step out of line end up dead. 325 00:13:09,482 --> 00:13:13,012 People always ask, hey, Africa's poor because it's corrupt. 326 00:13:13,282 --> 00:13:13,862 Isn't that it? 327 00:13:13,912 --> 00:13:14,672 They're all corrupt. 328 00:13:15,392 --> 00:13:18,522 Well, yeah, most, almost all these leaders are quote unquote 329 00:13:18,542 --> 00:13:20,792 corrupted because they see what 330 00:13:20,792 --> 00:13:22,242 happens to the non corrupt leaders. 331 00:13:22,272 --> 00:13:23,012 They get killed. 332 00:13:23,402 --> 00:13:24,602 Thomas Sankara, 333 00:13:24,602 --> 00:13:26,832 Burkina Faso, killed by the Americans. 334 00:13:27,312 --> 00:13:30,202 Um, Patrice Lumumba, killed by the 335 00:13:30,212 --> 00:13:31,272 French and the Belgian. 336 00:13:31,872 --> 00:13:32,562 You know, they sent 337 00:13:32,572 --> 00:13:34,282 back, they boiled his body 338 00:13:34,282 --> 00:13:36,692 in sulfuric acid, sent back his... 339 00:13:37,207 --> 00:13:39,847 Molar, 61 years later to his family. 340 00:13:40,347 --> 00:13:40,807 And this is why 341 00:13:40,857 --> 00:13:41,767 you never hear about it. 342 00:13:41,807 --> 00:13:42,157 You know, we're 343 00:13:42,157 --> 00:13:43,987 hearing about what's happening in the Middle East right now. 344 00:13:43,987 --> 00:13:46,157 And it's, it's, it's terror beyond terror. 345 00:13:47,357 --> 00:13:49,897 But this has been happening behind the scenes throughout the 346 00:13:49,897 --> 00:13:51,357 entire global South for the past 347 00:13:51,417 --> 00:13:52,137 hundred years. 348 00:13:52,647 --> 00:13:54,007 And no one hears about this. 349 00:13:54,017 --> 00:13:54,287 So 350 00:13:54,327 --> 00:13:56,207 naturally the leaders over there are scared. 351 00:13:56,207 --> 00:13:57,227 They don't want to do anything. 352 00:13:57,577 --> 00:13:58,497 So, how 353 00:13:58,497 --> 00:13:59,357 can Bitcoin help? 354 00:13:59,367 --> 00:14:00,377 That's the question, right? 355 00:14:00,377 --> 00:14:00,637 So, 356 00:14:01,807 --> 00:14:06,497 it's more like, how can the global South take over Bitcoin, rather than 357 00:14:06,527 --> 00:14:08,257 how Bitcoin can take the global South. 358 00:14:08,897 --> 00:14:11,397 You have to see it in that way, and then it works, right? 359 00:14:11,397 --> 00:14:15,357 Because when you go there, if you go there if you like, you try to push them 360 00:14:15,357 --> 00:14:19,317 on Bitcoin, hey, there's this great libertarian technology, where you can 361 00:14:19,327 --> 00:14:23,057 store your own keys, and they'll stare at your face and look you in the eyes and 362 00:14:23,927 --> 00:14:29,467 be like white boy problems just like, all right, but if you go to them and you're 363 00:14:29,467 --> 00:14:31,337 like, you know, they smell scam, right? 364 00:14:31,337 --> 00:14:33,667 Because if you go to Africa, so many people have been scammed 365 00:14:33,667 --> 00:14:34,717 by all this crypto stuff. 366 00:14:34,717 --> 00:14:37,167 And it was before crypto, they were scammed by the MLM stuff. 367 00:14:37,167 --> 00:14:39,897 And then the MLM guys got into crypto as a senior superior 368 00:14:39,897 --> 00:14:41,317 form of money transmission. 369 00:14:41,807 --> 00:14:42,697 But that's the key. 370 00:14:42,957 --> 00:14:45,177 It's the transmission that they have a problem with. 371 00:14:45,227 --> 00:14:46,567 If you tell them, Hey, hold on a second. 372 00:14:47,382 --> 00:14:49,632 You don't have to invest in this and you don't have to care 373 00:14:49,632 --> 00:14:50,902 about the technology either. 374 00:14:50,912 --> 00:14:51,422 You know, we're not 375 00:14:51,422 --> 00:14:54,112 going to get into ones and zeros and start writing code right now. 376 00:14:54,452 --> 00:14:54,632 This 377 00:14:54,632 --> 00:14:58,402 is a very simple way for you to do things you couldn't do before. 378 00:14:58,872 --> 00:15:00,332 And if you so choose, start 379 00:15:00,332 --> 00:15:03,662 your own money services business on this platform. 380 00:15:04,062 --> 00:15:04,942 It's a platform. 381 00:15:06,002 --> 00:15:07,542 And make money move and make profit. 382 00:15:08,012 --> 00:15:09,502 And you start giving them examples, 383 00:15:09,572 --> 00:15:09,782 right? 384 00:15:09,792 --> 00:15:12,852 Like, hey, I tell, this is a great example 385 00:15:12,852 --> 00:15:13,582 I use all the time. 386 00:15:13,582 --> 00:15:14,832 I have a friend in Berlin. 387 00:15:15,162 --> 00:15:16,072 She's got, you know, 388 00:15:16,072 --> 00:15:16,862 a sister in Kenya. 389 00:15:16,892 --> 00:15:18,252 She sends money over with 390 00:15:18,252 --> 00:15:18,992 Western Union. 391 00:15:19,022 --> 00:15:21,532 Sister has to go pick it up in cash, 392 00:15:21,552 --> 00:15:22,682 go away online. 393 00:15:23,572 --> 00:15:26,802 You know, she pays a huge fee, you know, but forget the fee for a moment. 394 00:15:28,472 --> 00:15:31,912 So I asked her, okay, um, does your sister have an M Pesa account? 395 00:15:32,062 --> 00:15:33,472 That's like the top mobile wallet. 396 00:15:33,722 --> 00:15:34,872 In Kenya. 397 00:15:34,927 --> 00:15:35,147 Yeah. 398 00:15:35,397 --> 00:15:36,187 She's like, yeah. 399 00:15:36,507 --> 00:15:37,347 Give me her number. 400 00:15:38,387 --> 00:15:40,297 So I go on to the peer to peer marketplace 401 00:15:40,347 --> 00:15:41,717 that I was running and I search 402 00:15:41,717 --> 00:15:42,327 in Kenya. 403 00:15:42,397 --> 00:15:46,327 Is anyone here that wants to buy Bitcoin, pay with 404 00:15:46,327 --> 00:15:49,727 mobile money M Pesa I find a guy, several, but this guy, had the best 405 00:15:49,747 --> 00:15:54,277 price, he's willing to pay 4 over market because Bitcoin is more scarce in Kenya. 406 00:15:56,157 --> 00:15:57,497 I started to trade with him. 407 00:15:58,007 --> 00:15:59,137 He says, give me the number. 408 00:15:59,597 --> 00:16:03,387 So I give him, uh, my friend's sister's M Pesa number. 409 00:16:04,157 --> 00:16:07,167 The Bitcoin is in escrow, so he sends it first. 410 00:16:08,197 --> 00:16:11,037 And then my friend gets a text from her sister, and she's like, 411 00:16:11,037 --> 00:16:12,497 hey, my sister's asking where this 412 00:16:12,957 --> 00:16:13,957 money came from. 413 00:16:13,997 --> 00:16:19,237 She got a hundred and four euros worth of Kenyan shillings. 414 00:16:19,307 --> 00:16:21,577 This guy's willing to pay 4 percent over market price. 415 00:16:21,587 --> 00:16:25,427 So I sent a hundred euros to Kenya. 416 00:16:26,257 --> 00:16:28,417 At a 4 bonus 417 00:16:29,067 --> 00:16:29,177 and 418 00:16:29,177 --> 00:16:32,577 her sister got it instantly and she could spend that on M Pesa So my, my friend 419 00:16:32,577 --> 00:16:36,517 looked at me and like, can you do that again? 420 00:16:37,097 --> 00:16:38,377 I'm like, yeah, I can do it anytime. 421 00:16:38,387 --> 00:16:38,767 This guy's 422 00:16:38,777 --> 00:16:39,477 always buying. 423 00:16:40,227 --> 00:16:41,977 She's like, can I, can I. 424 00:16:42,897 --> 00:16:43,967 Can I do it myself? 425 00:16:43,967 --> 00:16:44,427 I'm like, yeah. 426 00:16:44,427 --> 00:16:45,427 And I just showed her how to do it. 427 00:16:46,027 --> 00:16:48,097 Next thing you know, she's doing remittances. 428 00:16:48,167 --> 00:16:51,297 She's acting as a little Western Union for all of her Kenyan schoolteacher 429 00:16:51,327 --> 00:16:51,587 friends. 430 00:16:52,477 --> 00:16:53,677 And she's making a huge 431 00:16:53,677 --> 00:16:54,147 profit. 432 00:16:54,157 --> 00:16:55,607 She's making 4 percent of the Bitcoin. 433 00:16:56,017 --> 00:16:59,157 She's charging them, I think, anywhere from 5 percent to 9%. 434 00:16:59,157 --> 00:17:00,727 So she's making like a 10 percent profit. 435 00:17:00,737 --> 00:17:04,527 Her friends are getting the deal at half the price and her friends and 436 00:17:04,527 --> 00:17:05,757 family can spend it immediately. 437 00:17:05,757 --> 00:17:06,997 It's a huge win for everybody. 438 00:17:07,717 --> 00:17:12,277 And you can do that to get money into the global South, which is called remittance. 439 00:17:12,907 --> 00:17:15,917 And you can use that to get money out of the Global South to merchants 440 00:17:16,037 --> 00:17:19,207 in the Global South or whoever can make payments or buy stuff on eBay 441 00:17:19,207 --> 00:17:20,467 or whatever that's called payments. 442 00:17:21,077 --> 00:17:23,157 It just allows the money to flow around. 443 00:17:23,787 --> 00:17:27,147 And if you're smart and you have a community, you can start a 444 00:17:27,147 --> 00:17:29,977 business with it, whether it's a Western Union or a PayPal. 445 00:17:30,802 --> 00:17:32,062 Or whatever it might be. 446 00:17:32,062 --> 00:17:34,152 And that's what people on the platform I built did. 447 00:17:34,582 --> 00:17:36,412 Now this works so well in the global South. 448 00:17:36,472 --> 00:17:39,622 There's a lot of smart young people that have these huge problems and are 449 00:17:39,672 --> 00:17:41,032 very ambitious and hungry. 450 00:17:41,602 --> 00:17:46,272 So I kind of created, um, this marketplace of arbitrage traders, peer 451 00:17:46,272 --> 00:17:47,512 to peer arbitrage traders. 452 00:17:48,152 --> 00:17:49,642 And it's a humongous business. 453 00:17:49,642 --> 00:17:51,472 People have no idea how big it 454 00:17:51,472 --> 00:17:51,542 is. 455 00:17:51,592 --> 00:17:52,632 And it's only going to grow. 456 00:17:53,012 --> 00:17:57,542 The problem is, you know, there's Bitcoin that acts as the clearing layer 457 00:17:57,542 --> 00:18:01,892 for this, the wallet, but you still need the order book, you know, like 458 00:18:01,892 --> 00:18:06,012 the listing of all the offers, like, Hey, I got a 100 Amazon gift card here. 459 00:18:06,032 --> 00:18:08,582 Give me 70 bucks for Bitcoin for it, right? 460 00:18:08,582 --> 00:18:10,212 Or, Hey, I want to make a, uh. 461 00:18:22,037 --> 00:18:23,487 Uh, There is 462 00:18:23,497 --> 00:18:24,927 all these things you can do. 463 00:18:26,537 --> 00:18:27,547 And uh, I lost my 464 00:18:27,547 --> 00:18:29,057 train of thought, what was I talking about? 465 00:18:29,057 --> 00:18:29,467 Uh, yeah. 466 00:18:29,872 --> 00:18:32,782 That's all that happens, which we have some guys at UNTAR doing. 467 00:18:32,792 --> 00:18:33,152 The 468 00:18:33,892 --> 00:18:37,032 M Pesa is a funny story in itself, right? 469 00:18:38,202 --> 00:18:42,162 I read somewhere there was like 70 percent of the Kenyan economy at some point. 470 00:18:42,412 --> 00:18:42,662 Oh, it's more. 471 00:18:42,662 --> 00:18:43,632 It really took over. 472 00:18:44,432 --> 00:18:45,152 It's more now. 473 00:18:45,182 --> 00:18:47,442 Yeah, it's crazy. 474 00:18:48,272 --> 00:18:49,282 How would you describe that? 475 00:18:49,282 --> 00:18:51,682 It's like prepaid SIM cards? 476 00:18:53,562 --> 00:18:55,882 It's like PayPal on a mobile wallet, basically. 477 00:18:55,942 --> 00:18:56,422 That's what it is. 478 00:18:56,422 --> 00:19:01,432 The top telco there is called Safaricom and they just started, you know, 479 00:19:01,432 --> 00:19:03,502 letting people be able to send money 480 00:19:04,362 --> 00:19:05,172 with an SMS. 481 00:19:05,302 --> 00:19:05,472 Yeah. 482 00:19:05,802 --> 00:19:06,302 And that's how it 483 00:19:06,312 --> 00:19:06,612 started. 484 00:19:06,652 --> 00:19:11,262 It wasn't even SMS to use, um, USSD, which is like interactive SMS. 485 00:19:11,752 --> 00:19:11,862 So 486 00:19:12,082 --> 00:19:14,422 before the most of them, Pace is not even on smartphones. 487 00:19:15,212 --> 00:19:16,492 People are sending out those little great 488 00:19:16,902 --> 00:19:17,942 mentions on the Nokia. 489 00:19:17,942 --> 00:19:18,752 That's how they're using it. 490 00:19:19,632 --> 00:19:22,372 And when you think about it, it makes logical sense because the 491 00:19:22,372 --> 00:19:23,812 same way you'd send a text message, 492 00:19:24,342 --> 00:19:25,742 you should be able to send value. 493 00:19:26,002 --> 00:19:26,242 Yeah. 494 00:19:26,302 --> 00:19:26,692 Right? 495 00:19:26,942 --> 00:19:27,482 And most of 496 00:19:27,482 --> 00:19:30,792 M Pesa is still on SMS and USSD and it works. 497 00:19:31,202 --> 00:19:36,882 Yeah, and if that could happen to, to a shitcoin like M Pesa, I 498 00:19:36,882 --> 00:19:40,762 mean, imagine, like, the Bitcoin adoption could actually be 499 00:19:40,782 --> 00:19:41,332 quicker. 500 00:19:42,002 --> 00:19:42,932 Absolutely, absolutely. 501 00:19:43,232 --> 00:19:44,012 And you have companies 502 00:19:44,012 --> 00:19:44,947 like Manchin Kuro. 503 00:19:45,047 --> 00:19:47,967 Building on USSD, trying to make all that happen. 504 00:19:48,737 --> 00:19:52,467 So we have the bits and pieces out and we have lightning over there and we've got, 505 00:19:52,467 --> 00:19:55,907 you know, mentioned Kuro over here and we got, you know, peer to peer marketplaces 506 00:19:55,917 --> 00:19:57,567 like that one I built over there. 507 00:19:58,477 --> 00:20:01,727 And we've got decentralized market protocols over here, but someone 508 00:20:01,727 --> 00:20:03,837 has to bring all that together. 509 00:20:04,852 --> 00:20:07,742 Someone that the people trust was in the global South. 510 00:20:07,752 --> 00:20:09,172 They want to know who's running this thing. 511 00:20:09,172 --> 00:20:10,672 There has to be a person behind it. 512 00:20:10,682 --> 00:20:12,002 You know, it's just the way it is. 513 00:20:12,792 --> 00:20:13,802 Someone has to bring that all 514 00:20:13,802 --> 00:20:16,482 together and make it into a cocktail that everyone can drink. 515 00:20:16,892 --> 00:20:17,592 That's hard. 516 00:20:17,952 --> 00:20:19,092 And that's one of the reasons 517 00:20:19,092 --> 00:20:22,062 that I started CivKit because, 518 00:20:22,552 --> 00:20:24,742 you know, peer to peer marketplaces like the one I built. 519 00:20:25,722 --> 00:20:26,432 They work. 520 00:20:26,522 --> 00:20:27,092 They work great. 521 00:20:27,092 --> 00:20:29,822 We got the 13 million users completely bootstrapped. 522 00:20:30,512 --> 00:20:32,942 Awesome achievement, but it was quite stoppable. 523 00:20:33,552 --> 00:20:33,882 Right? 524 00:20:33,882 --> 00:20:37,052 Because I had a huge dispute with my co founder, you know, all this 525 00:20:37,052 --> 00:20:39,002 drama happened, lawsuit, this, that. 526 00:20:39,972 --> 00:20:42,572 And, um, more importantly, U. 527 00:20:42,572 --> 00:20:42,742 S. 528 00:20:42,742 --> 00:20:44,352 regulations, it was an American company. 529 00:20:45,972 --> 00:20:46,982 There's no way a U. 530 00:20:46,982 --> 00:20:47,152 S. 531 00:20:47,152 --> 00:20:48,882 company can serve the 532 00:20:48,882 --> 00:20:49,512 global South. 533 00:20:49,922 --> 00:20:50,372 Because the U. 534 00:20:50,372 --> 00:20:50,522 S. 535 00:20:50,542 --> 00:20:54,782 compliance and regulations are not just dumb, but they're inherently racist. 536 00:20:54,922 --> 00:20:55,092 They 537 00:20:55,102 --> 00:20:56,062 exclude 538 00:20:56,142 --> 00:20:56,652 everyone. 539 00:20:57,072 --> 00:20:58,882 Right, that's what they're designed to do. 540 00:20:59,462 --> 00:21:01,992 So I was trying to bridge these two worlds, you know. 541 00:21:02,632 --> 00:21:05,652 And I could, I, we were trying, we spent a fortune on 542 00:21:05,652 --> 00:21:06,912 compliance, but it's impossible. 543 00:21:07,027 --> 00:21:10,837 It was the system is designed on the other side, not 544 00:21:10,847 --> 00:21:13,917 to serve those people and actually to punish those people. 545 00:21:14,387 --> 00:21:15,167 It truly is. 546 00:21:15,167 --> 00:21:19,337 And I tell you, it was someone who for eight years broke his back, giving, I 547 00:21:19,337 --> 00:21:20,767 mean, at one point, we had a company of 548 00:21:20,777 --> 00:21:24,387 450 people and there were 88 compliance people. 549 00:21:24,707 --> 00:21:26,717 One fifth of the company was compliant. 550 00:21:26,777 --> 00:21:29,957 It's more than any bank anywhere, and it still wasn't enough. 551 00:21:31,117 --> 00:21:34,097 And the horror stories that I can tell you, and this is very close to my heart, 552 00:21:34,097 --> 00:21:38,237 but imagine you're some, some dude in Africa, you're working hard, you built 553 00:21:38,237 --> 00:21:41,037 this whole business, you know, you're, and all your money's here in this 554 00:21:41,047 --> 00:21:45,177 wallet, and then you get this email, 555 00:21:45,177 --> 00:21:46,837 oh, your account has been frozen. 556 00:21:47,507 --> 00:21:48,167 Your funds are suspended. 557 00:21:48,937 --> 00:21:49,347 Reason? 558 00:21:49,347 --> 00:21:50,127 We can't give you a reason. 559 00:21:50,127 --> 00:21:50,497 Sorry. 560 00:21:50,707 --> 00:21:53,917 it's against the law And I'm like, what did I do? 561 00:21:54,547 --> 00:21:55,647 This guy just stole my money. 562 00:21:56,107 --> 00:21:58,067 No, it's because we got a 563 00:21:58,067 --> 00:21:59,567 severe alert from Chainalysis. 564 00:22:00,797 --> 00:22:01,017 Three 565 00:22:01,017 --> 00:22:06,217 years ago, this African got 22 dollars from someone in Iran. 566 00:22:09,197 --> 00:22:11,387 Take his all lock up all his money right now. 567 00:22:12,347 --> 00:22:14,357 And then what the, this is reality, man. 568 00:22:14,897 --> 00:22:17,297 This is what happens on a scale. 569 00:22:17,997 --> 00:22:19,677 I'm not going to run a business like that. 570 00:22:20,397 --> 00:22:23,787 It is, it did help people and continues to help people, but I have 571 00:22:23,787 --> 00:22:25,427 to run a humane business, you know? 572 00:22:25,897 --> 00:22:28,967 And that's not humane, because it's not set up to be humane, it's set up. 573 00:22:29,487 --> 00:22:30,197 For evil, 574 00:22:30,877 --> 00:22:34,677 it's set up for evil from the start and that's, that's the situation right there. 575 00:22:34,677 --> 00:22:35,067 So what we 576 00:22:35,067 --> 00:22:36,937 need to do is we need a 577 00:22:36,937 --> 00:22:39,307 permissionless, unstoppable, 578 00:22:39,617 --> 00:22:41,847 free market built on Bitcoin. 579 00:22:42,277 --> 00:22:44,527 That's what makes it permissionless and unstoppable, right? 580 00:22:45,087 --> 00:22:49,477 That can serve, you know, the entire world via OTC, peer to peer. 581 00:22:49,477 --> 00:22:52,637 Anyone should be able to sell anything to anyone. 582 00:22:52,977 --> 00:22:53,577 That's what we 583 00:22:53,577 --> 00:22:55,377 need and that's what I'm building. 584 00:22:56,417 --> 00:23:02,837 I know a company, the concept of a company on a Bitcoin standard is nothing 585 00:23:02,837 --> 00:23:07,197 but a telegram group, really, like you don't need any of the other stuff. 586 00:23:07,197 --> 00:23:08,697 It's just people. 587 00:23:09,827 --> 00:23:10,107 Yeah. 588 00:23:10,107 --> 00:23:11,877 So it's nothing about a telegram group. 589 00:23:11,907 --> 00:23:15,977 Um, the problem, you know, you can run it that way and that's great, but you know. 590 00:23:16,462 --> 00:23:17,592 The problem is Uncle Sam. 591 00:23:18,192 --> 00:23:20,432 Uncle Sam's arm is long, you know, and they're going to be 592 00:23:20,432 --> 00:23:24,342 looking, how can we put these boys here over in jail over here? 593 00:23:25,662 --> 00:23:26,952 So it's all he's looking to do, man. 594 00:23:28,142 --> 00:23:31,982 So you have to build a system that is completely decentralized, where you 595 00:23:31,982 --> 00:23:36,172 don't hold customer funds, where you don't make money off the protocols. 596 00:23:36,182 --> 00:23:40,417 If you make money off the protocol, Uncle Sam Oh hey boy 597 00:23:40,417 --> 00:23:41,737 over here Going a little too fast. 598 00:23:43,477 --> 00:23:44,467 That's what's going on. 599 00:23:44,477 --> 00:23:47,747 So you have to be thinking defensively and adversarially 600 00:23:47,787 --> 00:23:48,927 because you have an adversary 601 00:23:48,927 --> 00:23:51,497 chasing you who's highly aggressive, highly aggressive. 602 00:23:53,037 --> 00:23:56,627 So that's why uh, CivKit is a protocol, there's no corporate, 603 00:23:56,677 --> 00:24:00,737 there's no foundation, it's just a, you know, github and you know. 604 00:24:00,947 --> 00:24:03,317 Discord, Telegram group, 605 00:24:03,647 --> 00:24:04,297 and that's it. 606 00:24:04,297 --> 00:24:06,627 And if someone wants to build a marketplace on there, I 607 00:24:06,627 --> 00:24:07,807 want to make it as easy as 608 00:24:07,877 --> 00:24:10,907 possible for anyone to start their own marketplace. 609 00:24:11,737 --> 00:24:13,127 As easy as setting up a 610 00:24:13,127 --> 00:24:16,317 WordPress blog is, you should be able to set up a marketplace. 611 00:24:16,777 --> 00:24:19,927 That's what I want, because I want thousands of marketplaces 612 00:24:19,927 --> 00:24:20,647 all over the world. 613 00:24:21,297 --> 00:24:24,327 So, we're all competing with each other, competing with me, sharing liquidity, 614 00:24:24,677 --> 00:24:28,297 so we're all helping each other make money, and we're just getting that free 615 00:24:28,297 --> 00:24:32,107 trade going, because free trade makes wealth, it makes money for people. 616 00:24:32,167 --> 00:24:35,887 That's why business is so good, because it unlocks the power of humanity, 617 00:24:36,267 --> 00:24:40,497 in that we can put our hands to work over here doing this, and it might 618 00:24:40,497 --> 00:24:43,757 be worth a hell of a lot more to someone over that ocean over there. 619 00:24:44,377 --> 00:24:46,607 And I might go over there, sell to him and the man with it, we 620 00:24:46,607 --> 00:24:48,427 haven't, he has got something I want. 621 00:24:49,027 --> 00:24:50,577 And that's it. 622 00:24:50,967 --> 00:24:54,437 Money allows human cooperation to scale over time and 623 00:24:54,437 --> 00:24:55,497 space, which 624 00:24:55,497 --> 00:24:56,487 is tremendously 625 00:24:56,497 --> 00:24:59,127 powerful because you unlock that magic 626 00:24:59,127 --> 00:25:03,287 key of this, I don't know what to call it, you know, human exponential value 627 00:25:03,287 --> 00:25:03,997 generation. 628 00:25:04,027 --> 00:25:06,487 Like somehow God designed that in us. 629 00:25:06,837 --> 00:25:08,057 That's what we have that's so 630 00:25:08,057 --> 00:25:08,967 special about us. 631 00:25:08,967 --> 00:25:11,017 Our output can be so tremendous. 632 00:25:11,017 --> 00:25:12,447 We can be so generative. 633 00:25:12,947 --> 00:25:14,937 You see it in our creativity, right? 634 00:25:14,937 --> 00:25:17,357 And no other facet of creation has this. 635 00:25:18,167 --> 00:25:19,847 And that's what the dark side is afraid of. 636 00:25:19,917 --> 00:25:20,487 Oh, these 637 00:25:20,487 --> 00:25:22,287 humans get together and they can trade freely. 638 00:25:22,317 --> 00:25:24,467 Oh man, they're going to break away like crazy. 639 00:25:24,467 --> 00:25:28,427 You're going to have cities like Dubai busting out all over the global South. 640 00:25:29,097 --> 00:25:30,707 It's going to happen and it can happen 641 00:25:30,707 --> 00:25:31,207 fast. 642 00:25:31,687 --> 00:25:32,747 And that's what scares them. 643 00:25:33,187 --> 00:25:33,357 Because 644 00:25:33,357 --> 00:25:37,402 look, if you're thinking adversarially in Bitcoin, You got to get down to earth. 645 00:25:37,402 --> 00:25:38,162 You know, I'm a maxi. 646 00:25:38,162 --> 00:25:43,462 I love Bitcoin, but hey, all these people online, they're like, Bitcoin is God. 647 00:25:43,502 --> 00:25:45,032 Bitcoin can never be defeated. 648 00:25:45,122 --> 00:25:48,122 And that's just like, man, bro, all those Americans doing it too, man. 649 00:25:48,122 --> 00:25:49,762 We take everything into a cult, bro. 650 00:25:49,772 --> 00:25:51,142 And like, you hold on, chill out, bro. 651 00:25:51,202 --> 00:25:52,512 This is a battle here, man. 652 00:25:52,512 --> 00:25:53,692 They've had 14 years. 653 00:25:54,762 --> 00:25:55,422 To think about how 654 00:25:55,422 --> 00:25:59,472 to counter us, and they know they don't have to defeat Bitcoin 655 00:25:59,472 --> 00:26:00,862 or make it completely go away. 656 00:26:01,172 --> 00:26:02,922 They can just make it irrelevant. 657 00:26:03,602 --> 00:26:05,372 So how do you make Bitcoin irrelevant? 658 00:26:05,982 --> 00:26:09,172 What if all the Bitcoin, or the vast majority of the free floating 659 00:26:09,192 --> 00:26:12,172 Bitcoin was not freely floating anymore, it was in these bank vaults, 660 00:26:12,912 --> 00:26:14,792 protected by layers of AML and 661 00:26:16,702 --> 00:26:17,702 KYC, and now in the 662 00:26:17,702 --> 00:26:21,462 UK by Jan 6, you're going to have to get taxed, a quiz to 663 00:26:21,462 --> 00:26:23,692 be able to buy Bitcoin, right? 664 00:26:23,692 --> 00:26:24,402 And if you fail it... 665 00:26:25,007 --> 00:26:30,047 Three times you're perm-banned You can only put 10 of your assets in. 666 00:26:30,057 --> 00:26:32,697 There's a, you know, it's all of these barriers are going to be 667 00:26:32,697 --> 00:26:35,867 coming in and that happens when Bitcoin is just an asset class 668 00:26:35,927 --> 00:26:38,657 sitting in vaults and it's irrelevant and they want and they know that. 669 00:26:39,287 --> 00:26:41,237 So now we know they know that. 670 00:26:41,877 --> 00:26:42,687 What are we going to do? 671 00:26:43,355 --> 00:26:45,365 Okay, we have some big news. 672 00:26:45,735 --> 00:26:47,975 We have a new lead sponsor, AmberApp. 673 00:26:48,815 --> 00:26:51,415 They're the number one exchange in the Southern Hemisphere. 674 00:26:51,725 --> 00:26:54,625 They're rated for the best customer service around and 675 00:26:54,645 --> 00:26:56,365 their global launch is coming. 676 00:26:57,035 --> 00:27:01,545 But the reason we're partnering with AmberApp is because of the people. 677 00:27:02,075 --> 00:27:05,185 If you haven't listened to our episode with Izzy, CEO of AmberApp, 678 00:27:05,245 --> 00:27:07,045 you really should go check it out. 679 00:27:07,735 --> 00:27:11,625 You'll see why it made perfect sense to partner with Izzy and AmberApp. 680 00:27:11,995 --> 00:27:12,465 That's it. 681 00:27:12,685 --> 00:27:15,265 All I'll say for now, you really have to check it out for yourself. 682 00:27:15,875 --> 00:27:18,915 They have loads of great features coming that we're excited to share 683 00:27:18,915 --> 00:27:22,285 with you when the time comes, but for now, just check out the episode, 684 00:27:22,285 --> 00:27:23,675 check out their website, Ampr. 685 00:27:23,675 --> 00:27:23,955 app. 686 00:27:24,465 --> 00:27:27,352 You can see for yourself, why we're thrilled to bring Ampr. 687 00:27:27,352 --> 00:27:29,292 app on as our lead sponsor and partner. 688 00:27:29,722 --> 00:27:30,462 So go check it out. 689 00:27:31,202 --> 00:27:32,770 Next up WasabiWallet. 690 00:27:33,010 --> 00:27:36,460 The privacy by default, open source, non custodial Bitcoin 691 00:27:36,460 --> 00:27:38,170 wallet with CoinJoin built in. 692 00:27:38,750 --> 00:27:42,740 It's the easy to use, comprehensive, affordable way to make your coins private. 693 00:27:43,305 --> 00:27:46,315 And the best part is, they've been making huge improvements to the app. 694 00:27:46,625 --> 00:27:49,575 They're really focusing on the user experience, adding advanced 695 00:27:49,685 --> 00:27:52,235 features for power users, they just keep getting better. 696 00:27:52,755 --> 00:27:56,235 You send your coins to your Wasabi wallet, and they get combined with loads of 697 00:27:56,235 --> 00:28:00,355 other coins using the Wabi Sabi protocol, so they're private on the other end. 698 00:28:00,895 --> 00:28:04,405 Your tracks are covered so you can work on expanding your Freedom Footprint 699 00:28:04,555 --> 00:28:06,235 without worrying about your privacy. 700 00:28:07,115 --> 00:28:08,026 So, check out wasabiwallet. 701 00:28:08,026 --> 00:28:11,195 io and download Wasabi today. 702 00:28:11,454 --> 00:28:11,844 So, 703 00:28:12,094 --> 00:28:17,394 um, I got some numbers from, from Sweden where I'm from, about how many 704 00:28:17,394 --> 00:28:22,634 people like might, may or may not hold Bitcoin, uh, uh, not counting 705 00:28:22,654 --> 00:28:25,894 voting accidents, but from one of the. 706 00:28:25,914 --> 00:28:31,184 Exchanges there, they've had 300, 000 customers over the years, 707 00:28:31,644 --> 00:28:33,104 and there's another big exchange. 708 00:28:33,144 --> 00:28:36,664 So, of course, there's some overlap, but if you add another 100, 000 and 709 00:28:36,684 --> 00:28:42,024 maybe another 100, 000, they got it from an international exchange 710 00:28:42,024 --> 00:28:43,454 or because they sold something. 711 00:28:45,044 --> 00:28:48,964 Let's say five, and it's a country with a population of 10 million. 712 00:28:49,324 --> 00:28:55,414 So say like 5 percent of the population is Uh, holds Bitcoin, which means 5 percent 713 00:28:55,424 --> 00:29:00,584 of the population is able to pay other people in Bitcoin, but 100 percent of the 714 00:29:00,584 --> 00:29:06,174 population is already, um, they already have the capability to accept Bitcoin. 715 00:29:06,454 --> 00:29:07,434 I mean, everyone does. 716 00:29:08,049 --> 00:29:09,489 Accepting Bitcoin is easy. 717 00:29:09,489 --> 00:29:14,099 It's like, well, you, you can't acquire them if you don't have 718 00:29:14,099 --> 00:29:16,729 them in the first place, but you can always sell something for it. 719 00:29:16,779 --> 00:29:20,109 So the way I see it is that this economy is already bootstrapped. 720 00:29:20,479 --> 00:29:21,739 It's already there. 721 00:29:22,229 --> 00:29:24,889 Uh, the, it's just that we need. 722 00:29:25,244 --> 00:29:28,394 More and more people to figure out that the old system is bullshit, 723 00:29:28,444 --> 00:29:31,744 so they can start accepting Bitcoin for their goods and services, 724 00:29:31,774 --> 00:29:33,154 and then this happens naturally. 725 00:29:33,454 --> 00:29:34,384 What are your thoughts on that? 726 00:29:35,013 --> 00:29:35,393 yeah. 727 00:29:35,393 --> 00:29:39,173 So the first business I started in Bitcoin wasn't actually my old marketplace. 728 00:29:39,223 --> 00:29:40,073 It was before that. 729 00:29:40,073 --> 00:29:41,973 I made a POS for retail merchants to 730 00:29:41,973 --> 00:29:42,763 accept Bitcoin. 731 00:29:42,763 --> 00:29:43,613 This is back in like 2014. 732 00:29:45,743 --> 00:29:46,933 And it didn't work for a year. 733 00:29:46,933 --> 00:29:51,123 I went around begging the hot dog dealers and bar tenders and 734 00:29:51,123 --> 00:29:52,673 restaurants to accept Bitcoin. 735 00:29:52,673 --> 00:29:55,813 And some did, my good buddies did, but no one came in to 736 00:29:55,813 --> 00:29:56,993 pay with it because no one had 737 00:29:57,163 --> 00:29:57,573 any Bitcoin. 738 00:29:57,573 --> 00:29:58,923 So they forgot how to use it. 739 00:29:58,933 --> 00:29:59,763 Like this is bullshit. 740 00:30:00,738 --> 00:30:02,698 So there are some core problems 741 00:30:02,728 --> 00:30:03,298 to fix there. 742 00:30:03,298 --> 00:30:06,968 I know we're all dreaming of the day that we can buy a latte with Bitcoin 743 00:30:07,428 --> 00:30:09,098 and we think that, Oh, we've made it. 744 00:30:09,108 --> 00:30:10,608 We created a circular economy. 745 00:30:11,348 --> 00:30:15,558 Uh, and I've come to see that that will indeed happen one day, but 746 00:30:15,558 --> 00:30:18,298 not if you try to pursue it on that level, it's not going to work. 747 00:30:18,318 --> 00:30:19,698 We have to go where the traction is. 748 00:30:19,698 --> 00:30:20,608 And that means we have to 749 00:30:20,608 --> 00:30:23,368 go to where the problems are, just like any good entrepreneur. 750 00:30:23,828 --> 00:30:26,458 And I don't see bakeries, you know, saying, Hey man, everyone's trying to 751 00:30:26,488 --> 00:30:27,728 come here and pay with Bitcoin, bro. 752 00:30:27,728 --> 00:30:28,448 We've got to accept some 753 00:30:28,448 --> 00:30:28,828 Bitcoin. 754 00:30:28,828 --> 00:30:29,358 That's not a problem. 755 00:30:29,358 --> 00:30:31,018 They have, which is no demand. 756 00:30:31,688 --> 00:30:33,848 So we have to go where the demand is, where the problems are, 757 00:30:33,848 --> 00:30:34,798 and that's the global south. 758 00:30:34,808 --> 00:30:36,748 That's where it's like Egypt, Nigeria, etc. 759 00:30:37,548 --> 00:30:39,318 People there can't, you know, send 760 00:30:39,318 --> 00:30:41,928 money out of the country because of the capital controls, right? 761 00:30:42,168 --> 00:30:43,298 Huge problem is there. 762 00:30:43,408 --> 00:30:44,118 Massive problem. 763 00:30:44,118 --> 00:30:48,838 They can't even send money to the country next door, you know, because of how broken 764 00:30:49,208 --> 00:30:51,868 the system is over there and more capital controls. 765 00:30:52,298 --> 00:30:57,378 And that's why When you, when you start to appreciate how deep the problem is 766 00:30:57,378 --> 00:30:59,528 over there, you know, it's mind blowing. 767 00:30:59,548 --> 00:31:00,528 I even gave it a name. 768 00:31:00,528 --> 00:31:03,758 I call it financial apartheid because that's really what it is. 769 00:31:03,938 --> 00:31:06,358 It's like, you want to talk about racial apartheid? 770 00:31:06,358 --> 00:31:08,418 Yeah, okay, I can't go use that bathroom over there. 771 00:31:08,418 --> 00:31:09,658 Okay, that's, you know, whatever, but... 772 00:31:10,273 --> 00:31:12,203 If I, if my money is trapped 773 00:31:12,253 --> 00:31:15,703 in where I was born and I can't even send it to the country next door, I can't 774 00:31:15,713 --> 00:31:20,123 access liquidity opportunities outside of the country, I can't even buy stuff 775 00:31:20,523 --> 00:31:23,403 outside of the country, if my friends and family outside of the country 776 00:31:23,403 --> 00:31:27,803 in California would want to send me money, I lose 50 percent each time. 777 00:31:28,563 --> 00:31:29,293 Like, what's going on? 778 00:31:29,293 --> 00:31:31,913 The government isn't even getting the volume share of that. 779 00:31:31,913 --> 00:31:32,813 It's Western Union. 780 00:31:32,813 --> 00:31:36,023 So, the entire area is just being screwed over. 781 00:31:36,533 --> 00:31:37,783 That is a real problem. 782 00:31:37,793 --> 00:31:39,133 That's what keeps you poor. 783 00:31:39,503 --> 00:31:42,303 You know, I'm happy to use my own bathroom. 784 00:31:42,303 --> 00:31:44,133 As long as I have money, I'll build a great bathroom. 785 00:31:44,133 --> 00:31:48,393 But if you're kept poor, like, that is the worst form of apartheid. 786 00:31:48,403 --> 00:31:50,413 Financial apartheid is the most devastating. 787 00:31:50,413 --> 00:31:54,003 The problems that the global south has with money are so extreme. 788 00:31:54,353 --> 00:31:55,463 It's hard for us to appreciate. 789 00:31:55,473 --> 00:31:56,883 We have to solve that problem. 790 00:31:57,513 --> 00:31:59,193 Like, who cares where you're buying latte? 791 00:31:59,193 --> 00:32:00,823 I mean, buy the latte from you? 792 00:32:00,823 --> 00:32:01,523 Well, that's fine. 793 00:32:01,843 --> 00:32:06,233 I'll order the best coffee made from raccoon poo from, you know, Peru or 794 00:32:06,233 --> 00:32:10,363 wherever, and I'll get it here, and I'll set up a whole, like, you know, that's the 795 00:32:10,363 --> 00:32:11,403 real problem here. 796 00:32:11,443 --> 00:32:11,683 So, 797 00:32:11,683 --> 00:32:12,453 let's focus on 798 00:32:12,453 --> 00:32:12,703 that. 799 00:32:12,703 --> 00:32:16,233 Let's focus on building a system of transfer. 800 00:32:16,658 --> 00:32:19,988 Where we can move money into the country, move money out of the country, move 801 00:32:19,998 --> 00:32:24,338 money pan African, pan Latin America, pan Southeast Asian with no problems. 802 00:32:24,788 --> 00:32:25,978 We do that and we're going to 803 00:32:26,038 --> 00:32:27,198 see an explosion of wealth. 804 00:32:27,688 --> 00:32:28,598 Think of it like this. 805 00:32:29,998 --> 00:32:35,208 How rich would America be if I couldn't send money from New York to New Jersey? 806 00:32:35,698 --> 00:32:36,538 If I had to go through... 807 00:32:36,828 --> 00:32:40,398 Huge conversions, capital controls, all this red tape. 808 00:32:41,208 --> 00:32:44,168 Would America be the most richest country in the world? 809 00:32:44,168 --> 00:32:45,618 No, it'd be a third world country. 810 00:32:46,628 --> 00:32:47,058 And that's the 811 00:32:47,058 --> 00:32:47,868 situation in Africa. 812 00:32:47,868 --> 00:32:49,548 There's 50 countries, 54 countries. 813 00:32:50,808 --> 00:32:53,318 It's impossible to even send money from one country to the country 814 00:32:53,318 --> 00:32:55,148 next door, even with mobile money. 815 00:32:56,028 --> 00:32:59,158 With mobile money, M PACE is in actually 10 different African countries. 816 00:32:59,828 --> 00:33:01,168 I cannot send money. 817 00:33:01,283 --> 00:33:05,303 From an M Paisa account in Ghana to an M Paisa account in Kenya. 818 00:33:08,393 --> 00:33:10,423 Financial apartheid is real, man. 819 00:33:10,423 --> 00:33:12,323 Bitcoin has to focus on solving that. 820 00:33:12,943 --> 00:33:14,263 And that's hard. 821 00:33:14,323 --> 00:33:16,603 That's extremely hard to build a marketplace. 822 00:33:17,103 --> 00:33:18,003 Extremely hard. 823 00:33:18,013 --> 00:33:20,453 The hardest challenge in the marketplace is the fraud. 824 00:33:21,513 --> 00:33:23,843 You're dealing with people online you've never met before. 825 00:33:25,053 --> 00:33:26,263 The Bitcoin is there. 826 00:33:26,333 --> 00:33:28,673 You can ensure that, you know, that's there, which is trustless. 827 00:33:30,228 --> 00:33:30,758 But what about the 828 00:33:31,028 --> 00:33:32,258 fiat side of the transaction? 829 00:33:32,558 --> 00:33:34,058 How do you know the gift card is good? 830 00:33:34,488 --> 00:33:36,968 How do you know this guy is actually in charge of that 831 00:33:36,968 --> 00:33:38,528 bank account or PayPal account? 832 00:33:38,858 --> 00:33:41,368 How do you know this guy won't charge back the debit card, 833 00:33:42,388 --> 00:33:42,898 right? 834 00:33:43,468 --> 00:33:44,588 That's the hard part. 835 00:33:44,838 --> 00:33:47,988 And I spent eight years of my life, you know, building a system. 836 00:33:48,658 --> 00:33:51,868 That was quite reasonably the most secure the world has ever seen. 837 00:33:51,868 --> 00:33:54,958 Less than 1 percent of our transactions had 838 00:33:54,958 --> 00:33:58,688 a dispute and almost all of them were just with the highly risky methods like 839 00:33:58,688 --> 00:33:59,598 gift cards, right? 840 00:34:00,388 --> 00:34:05,948 So Bitcoin needs to focus on the biggest problem and that's OTC, over 841 00:34:05,948 --> 00:34:10,318 the counter money transfer, peer to peer, that if we get all of these 842 00:34:10,328 --> 00:34:13,788 arbitrage traders doing that, all the people going to these marketplace 843 00:34:13,858 --> 00:34:16,518 apps built on this marketplace to do what they need to do. 844 00:34:17,708 --> 00:34:21,278 Man, you're going to see tremendous volume moving across Bitcoin. 845 00:34:21,718 --> 00:34:24,518 And eventually those people are going to be like, some of those 846 00:34:24,518 --> 00:34:26,638 people getting those services won't even know Bitcoin exists. 847 00:34:26,798 --> 00:34:30,548 A good financial services vendor will abstract away that 848 00:34:30,548 --> 00:34:34,218 whole process for granny, you know, but eventually, 849 00:34:34,428 --> 00:34:35,968 you know, if Bitcoin is power on 850 00:34:35,968 --> 00:34:39,138 all of these rails, man, it's going to start to trickle 851 00:34:39,138 --> 00:34:39,488 down. 852 00:34:39,488 --> 00:34:42,778 It's not just the people that are handling it on the business side, but other 853 00:34:42,778 --> 00:34:43,758 people are going to want to come in and 854 00:34:43,758 --> 00:34:45,158 understand how this thing works. 855 00:34:45,783 --> 00:34:48,923 And that's how you get a technology and it might be invisible at 856 00:34:48,923 --> 00:34:51,233 first, and then it will become more 857 00:34:51,243 --> 00:34:56,033 visible as a store of value, as an asset, and maybe even an 858 00:34:56,033 --> 00:35:00,863 ethos, but coming up to the people of Global South, being hallelujah, welcome to 859 00:35:00,863 --> 00:35:04,623 the gospel of Bitcoin, that, that strategy doesn't work, and it doesn't work with 860 00:35:04,643 --> 00:35:07,233 the retail merchants either because you're not solving a problem that they have, 861 00:35:07,823 --> 00:35:11,333 but the peer to peer angle does work, which makes people 862 00:35:11,333 --> 00:35:11,693 rich. 863 00:35:11,723 --> 00:35:13,843 Every week I get pictures. 864 00:35:13,863 --> 00:35:14,853 Hey, he's my new Lexus. 865 00:35:14,933 --> 00:35:15,633 He's my new house. 866 00:35:16,123 --> 00:35:17,903 I built my business on your platform. 867 00:35:17,913 --> 00:35:18,893 Oh man, I love 868 00:35:19,113 --> 00:35:19,353 Bitcoin. 869 00:35:19,583 --> 00:35:20,033 So 870 00:35:20,663 --> 00:35:25,933 the monetary apartheid that you're talking about, like there's been 871 00:35:25,933 --> 00:35:29,633 a bunch of uprisings in the old French colonies of West Africa, 872 00:35:29,633 --> 00:35:32,033 like Niger and Senegal and stuff. 873 00:35:32,393 --> 00:35:36,423 Like, are those countries in a different situation than 874 00:35:37,703 --> 00:35:38,833 the other African countries? 875 00:35:39,053 --> 00:35:42,823 Do you see Bitcoin adoption happening there first because they're more aware of 876 00:35:42,823 --> 00:35:45,263 the problem because of that French Frank 877 00:35:45,273 --> 00:35:45,823 bullshit? 878 00:35:46,018 --> 00:35:46,298 Well, 879 00:35:46,648 --> 00:35:49,768 yeah, they're in the same financial situation as those other countries, 880 00:35:49,818 --> 00:35:51,388 you know, the difference there 881 00:35:51,388 --> 00:35:51,908 is, 882 00:35:53,348 --> 00:35:57,108 uh, their leadership, you know, they actually had a situation where 883 00:35:57,108 --> 00:36:00,448 their leaders, you know, said, you know what, enough is enough. 884 00:36:00,608 --> 00:36:01,398 They broke out, 885 00:36:01,868 --> 00:36:05,128 they've managed to survive them until now, and they managed to get 886 00:36:05,128 --> 00:36:08,568 intelligence from another superpower, Russia and China in this case, and 887 00:36:08,568 --> 00:36:09,768 they're continuing to stay alive. 888 00:36:10,348 --> 00:36:11,018 But financially 889 00:36:11,018 --> 00:36:15,268 speaking, you know, they're still in the same situation as all 890 00:36:15,278 --> 00:36:16,878 these other countries in that. 891 00:36:17,573 --> 00:36:22,083 They're all sitting there and waiting and being like, Hey bro, when is this 892 00:36:22,093 --> 00:36:25,523 new global financial architecture you guys been talking about been ready? 893 00:36:25,523 --> 00:36:25,673 Huh? 894 00:36:26,418 --> 00:36:28,988 And they're looking at us and we're in crypto and being like, there's a bunch of 895 00:36:29,068 --> 00:36:33,248 scammers and dudes in wizard's hats and apparently these guys like meat, a lot. 896 00:36:33,708 --> 00:36:35,958 And they're like, nah man, this is not what we're waiting for, 897 00:36:35,958 --> 00:36:38,748 like, show us that this thing works for us. 898 00:36:39,628 --> 00:36:41,678 Show us that we can use this. 899 00:36:42,433 --> 00:36:44,843 To build corridors, just like the BRICS nations 900 00:36:44,903 --> 00:36:46,233 are building corridors, right? 901 00:36:46,419 --> 00:36:47,409 And that's what we have to do. 902 00:36:47,419 --> 00:36:50,329 We have to build a new global financial architecture that all 903 00:36:50,329 --> 00:36:51,429 these folks are waiting for. 904 00:36:51,429 --> 00:36:54,109 Now, great, you can self custody your Bitcoin just 905 00:36:54,109 --> 00:36:54,959 like you would with a Bitcoin. 906 00:36:54,989 --> 00:36:55,779 Great, that's nice. 907 00:36:57,799 --> 00:36:59,339 But all they want to do is trade. 908 00:36:59,869 --> 00:37:01,379 Trade is the main thing. 909 00:37:01,549 --> 00:37:03,229 That's what Bitcoin is really about. 910 00:37:03,229 --> 00:37:04,769 It's about making the money flow around. 911 00:37:04,889 --> 00:37:06,119 Satoshi Nakamoto knew that. 912 00:37:06,119 --> 00:37:06,539 That's why... 913 00:37:07,434 --> 00:37:11,434 The first version of Bitcoin Core, the very first version, had 11 914 00:37:11,434 --> 00:37:16,124 opcodes in there for marketplace functions, inventory, escrow. 915 00:37:16,694 --> 00:37:20,484 They were removed later because they were cluttering things up and Satoshi left, but 916 00:37:21,164 --> 00:37:23,484 of course, it's all about the marketplace. 917 00:37:23,534 --> 00:37:23,564 And 918 00:37:24,584 --> 00:37:26,214 money is worthless without trade. 919 00:37:26,954 --> 00:37:27,874 Exactly, that's what it's for. 920 00:37:27,894 --> 00:37:29,554 It's all about the trade, man. 921 00:37:29,784 --> 00:37:32,894 That's all it's about to exchange human value across time and space. 922 00:37:32,904 --> 00:37:34,014 So we need that marketplace. 923 00:37:34,454 --> 00:37:35,924 We have to build that marketplace. 924 00:37:35,924 --> 00:37:41,244 Now, a marketplace is cool, but when you really get deep into marketplaces, 925 00:37:41,244 --> 00:37:45,404 and I can say I have some authority there, you start to see that, uh, 926 00:37:47,244 --> 00:37:51,224 and the core services that are required to build a marketplace. 927 00:37:52,454 --> 00:37:57,611 are actually 99 of governance governance And that's that's why we 928 00:37:57,611 --> 00:38:01,574 call it civilization kit instead of market kit, because when, okay, you 929 00:38:01,574 --> 00:38:04,754 got your marketplace, which is just like an order book, like Craigslist, 930 00:38:05,344 --> 00:38:09,484 a payment with the condition, like all our debit cards have the escrow off 931 00:38:09,494 --> 00:38:11,864 hold, you know, and a wallet, right. 932 00:38:12,394 --> 00:38:14,754 And taking the, we already have the wallet part, you know, non 933 00:38:14,754 --> 00:38:15,974 custodial lightning wallets. 934 00:38:16,294 --> 00:38:16,784 That's great. 935 00:38:17,364 --> 00:38:22,714 The order book we're building on Nostr and the escrow we're building 936 00:38:22,714 --> 00:38:26,914 on Bitcoin, uh, uh, discrete law contracts and Bitcoin script, right? 937 00:38:26,914 --> 00:38:28,204 So we're building all this. 938 00:38:28,494 --> 00:38:29,034 That's nice. 939 00:38:29,034 --> 00:38:29,694 We're going to have that. 940 00:38:29,694 --> 00:38:32,964 And that's what every other marketplace system has. 941 00:38:33,134 --> 00:38:34,434 That's not enough, man. 942 00:38:35,214 --> 00:38:38,144 That's just like the basic basics of the basics. 943 00:38:38,664 --> 00:38:41,664 There's three other ancillary services that you need. 944 00:38:42,274 --> 00:38:44,774 In order to make it work, let's combine our water bottles 945 00:38:45,044 --> 00:38:46,304 for an epic presentation. 946 00:38:46,974 --> 00:38:47,604 All right, look at it. 947 00:38:47,654 --> 00:38:48,124 So here, 948 00:38:49,764 --> 00:38:51,024 three water bottles 949 00:38:51,734 --> 00:38:54,214 represent these three ancillary services, right? 950 00:38:54,974 --> 00:38:58,974 So the first thing you need is a reputation, right? 951 00:38:59,324 --> 00:39:00,794 And reputation for a lot of reasons. 952 00:39:00,804 --> 00:39:04,244 So people can know who to trust when they're doing a trade, like how much 953 00:39:04,254 --> 00:39:09,084 volume has this guy done with how many people, how important were they, you know, 954 00:39:09,324 --> 00:39:14,764 and also just to Keep the order book clean from spammers and basics like that, right? 955 00:39:14,774 --> 00:39:14,954 Need 956 00:39:14,954 --> 00:39:16,054 some form a reputation. 957 00:39:16,474 --> 00:39:16,684 Now, 958 00:39:16,684 --> 00:39:20,354 of course, the OPSEC people will be like, It should be anonymous. 959 00:39:21,384 --> 00:39:24,664 Your pub key should be the only identity you need. 960 00:39:24,664 --> 00:39:27,664 And of course, yes, it can be purely anonymous if you so choose. 961 00:39:28,304 --> 00:39:28,974 But guess what? 962 00:39:28,974 --> 00:39:31,454 In a peer to peer trade, sometimes you want to know who you're dealing with. 963 00:39:32,204 --> 00:39:36,174 If I'm going to let you, if I ask you to use your Swedish bank account 964 00:39:36,184 --> 00:39:39,584 to make a payment for me for Swedish cookies and whatnot, I hear they're 965 00:39:39,604 --> 00:39:41,624 really good, you don't want to know. 966 00:39:42,094 --> 00:39:43,204 Oh, who is this guy? 967 00:39:43,594 --> 00:39:44,084 Me. 968 00:39:44,374 --> 00:39:46,014 And who am I actually sending the money to? 969 00:39:46,044 --> 00:39:47,664 Is it really a Swedish cookie company? 970 00:39:48,054 --> 00:39:50,514 Or is it, you know, some dude selling weed, right? 971 00:39:50,514 --> 00:39:51,304 You want to ID 972 00:39:51,324 --> 00:39:53,564 me in case your bank gets back to you, right? 973 00:39:53,614 --> 00:39:55,054 You want to protect yourself. 974 00:39:55,604 --> 00:39:56,224 And that's fine. 975 00:39:56,234 --> 00:39:56,634 You should be able 976 00:39:56,634 --> 00:39:57,064 to do that. 977 00:39:57,064 --> 00:39:59,804 So you need some form of decentralized identity that is purely 978 00:39:59,804 --> 00:40:05,134 optional, because once you have that and reputation, you open up, you open up 979 00:40:05,134 --> 00:40:10,214 a huge avenue, which is give people in the global South their own credit score. 980 00:40:10,689 --> 00:40:12,819 So you're going to send out credit and lending services as well. 981 00:40:12,919 --> 00:40:16,229 So it's essential to keep the marketplace clean in order to keep 982 00:40:16,229 --> 00:40:20,469 the market, the trading safe and to extend out a credit score for people. 983 00:40:20,509 --> 00:40:23,349 So the reputation is needed and to do it right, we're using 984 00:40:23,349 --> 00:40:24,569 something called Web of Stakes. 985 00:40:24,599 --> 00:40:27,599 We'll actually be able to calculate a web of trust score for everyone 986 00:40:27,609 --> 00:40:29,379 without revealing their graph. 987 00:40:29,869 --> 00:40:31,609 Very mucho importante, right? 988 00:40:31,669 --> 00:40:33,529 This is actually pretty heavy stuff. 989 00:40:33,879 --> 00:40:34,569 So it's needed. 990 00:40:34,579 --> 00:40:35,819 So all your OPSEC people. 991 00:40:36,319 --> 00:40:36,769 Zip it. 992 00:40:39,989 --> 00:40:44,759 So the second thing you need is, uh, you need a stable unit of accounts, right? 993 00:40:44,889 --> 00:40:49,129 Because, you know, Bitcoin is great, uh, but during a trade, 994 00:40:49,129 --> 00:40:50,399 people prefer something stable. 995 00:40:50,429 --> 00:40:52,469 So they don't have to count, you know, the price of Bitcoin goes 996 00:40:52,479 --> 00:40:53,809 down 20 percent during a trade. 997 00:40:53,809 --> 00:40:55,159 I get 20 percent length, so when I... 998 00:40:55,449 --> 00:40:56,909 Bargain for I'm screwed. 999 00:40:58,559 --> 00:40:59,269 Don't want that. 1000 00:40:59,299 --> 00:41:01,389 So there should be some kind of stable e cash. 1001 00:41:01,809 --> 00:41:04,839 That is essentially the minting part, right? 1002 00:41:04,839 --> 00:41:07,769 Which only civilizations do, nation states do, right? 1003 00:41:07,809 --> 00:41:09,609 They mint their own money, right? 1004 00:41:09,609 --> 00:41:10,589 So you need something of that. 1005 00:41:10,589 --> 00:41:13,149 Of course, the e cash is backed up by actual 1006 00:41:13,179 --> 00:41:13,659 Bitcoin. 1007 00:41:14,169 --> 00:41:15,049 So I love Tether. 1008 00:41:15,149 --> 00:41:16,029 Tether is awesome. 1009 00:41:16,129 --> 00:41:17,199 It's a huge use case. 1010 00:41:17,909 --> 00:41:19,069 Uh, but you know, Uncle Sam 1011 00:41:19,069 --> 00:41:19,829 doesn't like Tether. 1012 00:41:19,859 --> 00:41:21,839 So we have to think defensively. 1013 00:41:22,019 --> 00:41:25,939 Right, so we need something, a stable unit account that is backed up by Bitcoin. 1014 00:41:26,059 --> 00:41:28,299 And RGB, which the Tether guys 1015 00:41:28,299 --> 00:41:30,419 are working on, seems to be very fruitful, uh, 1016 00:41:30,759 --> 00:41:30,979 technology. 1017 00:41:31,029 --> 00:41:32,859 So that'll also be within CIF Kit, right? 1018 00:41:33,369 --> 00:41:34,279 Mutual importante. 1019 00:41:34,319 --> 00:41:34,519 So, so 1020 00:41:34,519 --> 00:41:36,929 far we have the reputation and identity, right? 1021 00:41:36,959 --> 00:41:40,539 This is something, ID cards usually come from governments, right? 1022 00:41:41,069 --> 00:41:42,009 Passports, etc. 1023 00:41:42,349 --> 00:41:42,479 We 1024 00:41:42,479 --> 00:41:43,209 have the minting. 1025 00:41:43,379 --> 00:41:43,769 Right? 1026 00:41:43,889 --> 00:41:46,879 Another huge government, civilization grade service. 1027 00:41:47,509 --> 00:41:50,789 And the last one, number three, is also the hardest one, my good man. 1028 00:41:51,079 --> 00:41:52,129 It's real hard, actually. 1029 00:41:53,329 --> 00:41:56,859 And that is, uh, I'm gonna drink some of this Kool Aid right now. 1030 00:41:57,329 --> 00:41:57,759 Uh, 1031 00:42:01,629 --> 00:42:02,549 Decentralized Courts. 1032 00:42:03,849 --> 00:42:04,159 I am. 1033 00:42:04,279 --> 00:42:05,439 Decentralized Courts. 1034 00:42:06,239 --> 00:42:10,309 We need a way, in cases of financial disputes, and there 1035 00:42:10,309 --> 00:42:14,199 always is, there will be recourse. 1036 00:42:15,009 --> 00:42:19,039 So I built these, um, you know, a system of financial arbitrators, 1037 00:42:19,089 --> 00:42:19,889 but it was centralized. 1038 00:42:20,019 --> 00:42:21,169 It was people working for Ray. 1039 00:42:21,569 --> 00:42:25,769 That's why if someone loses their 50 gift card dispute, they'll come on Twitter 1040 00:42:25,769 --> 00:42:27,379 and they'll say, Ray, you scammed me. 1041 00:42:27,809 --> 00:42:29,899 You're in cahoots with the scammers, Ray. 1042 00:42:29,909 --> 00:42:32,579 I'm like, no, bro, I'm not. 1043 00:42:32,949 --> 00:42:35,679 But I can understand why they might think that way, because it's 1044 00:42:35,679 --> 00:42:37,249 not a decentralized court system. 1045 00:42:37,879 --> 00:42:42,726 What we need to have is a listing of all of these truth oracles, which is 1046 00:42:42,726 --> 00:42:46,079 essentially what one of these judges would be, right, they're a truth oracle. 1047 00:42:46,789 --> 00:42:51,829 And the system should randomly choose one that is best suited for you to, that 1048 00:42:51,829 --> 00:42:55,069 has experience, that has a reputation, that, you know, to be able to handle 1049 00:42:55,899 --> 00:42:59,589 your kind of trade, that speaks your language and the counterparty's language. 1050 00:43:00,184 --> 00:43:01,144 And they'll get a fee. 1051 00:43:01,934 --> 00:43:03,234 And there should be an appeals process 1052 00:43:03,234 --> 00:43:03,674 as well. 1053 00:43:03,974 --> 00:43:06,174 And that's one of the reasons why you also need the reputation 1054 00:43:06,194 --> 00:43:09,054 score for the judges as well. 1055 00:43:09,544 --> 00:43:14,204 So all these systems kind of work together, but without this, without 1056 00:43:14,204 --> 00:43:17,174 the decentralized court system, you'll never get true scale. 1057 00:43:17,204 --> 00:43:18,374 It is critically important. 1058 00:43:18,384 --> 00:43:22,074 Even if less than 1 percent of trades end up in dispute, that 1%, 1059 00:43:22,754 --> 00:43:26,384 you know, the whole thing throttled. 1060 00:43:26,394 --> 00:43:26,604 Did 1061 00:43:26,604 --> 00:43:28,094 you hear about a company called Disp? 1062 00:43:28,239 --> 00:43:28,639 Dispute. 1063 00:43:28,669 --> 00:43:29,649 io. 1064 00:43:29,749 --> 00:43:30,339 Yes. 1065 00:43:30,369 --> 00:43:30,689 Yes. 1066 00:43:30,739 --> 00:43:31,699 I have, you know, Dispute. 1067 00:43:31,699 --> 00:43:31,839 io. 1068 00:43:31,839 --> 00:43:32,149 A 1069 00:43:32,569 --> 00:43:33,589 very Rothbardian 1070 00:43:33,599 --> 00:43:34,939 way of, like, thinking 1071 00:43:34,939 --> 00:43:35,239 about. 1072 00:43:35,519 --> 00:43:36,009 Yeah. 1073 00:43:36,009 --> 00:43:36,189 Yeah. 1074 00:43:36,189 --> 00:43:37,919 He has a certain approach to doing it. 1075 00:43:37,919 --> 00:43:38,779 I need to dig in deeper. 1076 00:43:38,779 --> 00:43:38,849 I 1077 00:43:38,859 --> 00:43:40,109 think he's here actually. 1078 00:43:40,599 --> 00:43:40,999 Is he? 1079 00:43:41,029 --> 00:43:41,359 Okay. 1080 00:43:41,429 --> 00:43:41,869 I'm not sure. 1081 00:43:42,169 --> 00:43:43,319 I'm supposed to have a call with him. 1082 00:43:43,839 --> 00:43:45,389 But look, there's a company called Klarna. 1083 00:43:45,679 --> 00:43:46,379 A Swedish company. 1084 00:43:46,389 --> 00:43:46,589 Yeah. 1085 00:43:46,589 --> 00:43:47,009 Yeah. 1086 00:43:47,249 --> 00:43:49,329 They do disputes for e commerce. 1087 00:43:50,529 --> 00:43:54,279 Now we're talking about just starting an entire new dispute cottage industry 1088 00:43:54,279 --> 00:43:55,569 just for these peer to peer trades. 1089 00:43:56,209 --> 00:43:57,099 And the world will need it. 1090 00:43:57,099 --> 00:43:59,909 And the more peer to peer grows, and it will, the bigger 1091 00:43:59,909 --> 00:44:00,809 that industry is going to get. 1092 00:44:00,869 --> 00:44:05,889 So if you guys want to start a bunch of disputes moderation business 1093 00:44:06,739 --> 00:44:09,009 out of Sweden, you absolutely can. 1094 00:44:09,289 --> 00:44:11,809 You know, there'll be so much room for that. 1095 00:44:11,809 --> 00:44:12,709 And that's what you get. 1096 00:44:12,709 --> 00:44:14,389 You're getting now a truly decentralized 1097 00:44:14,399 --> 00:44:15,799 civilization because you've got. 1098 00:44:18,004 --> 00:44:23,104 This, you know, baked in reputation, credit score, ID, you've got, 1099 00:44:23,114 --> 00:44:25,214 you know, stable e cash backed 1100 00:44:25,214 --> 00:44:28,804 up by the realest, most honest money in the world. 1101 00:44:29,314 --> 00:44:30,284 And you have a global 1102 00:44:30,284 --> 00:44:33,464 decentralized court system for decentralized justice. 1103 00:44:34,204 --> 00:44:35,474 Like, who cares about DAOs? 1104 00:44:35,874 --> 00:44:39,074 What you need are decentralized autonomous courts. 1105 00:44:39,504 --> 00:44:41,354 You know, that's what we really need, right? 1106 00:44:41,734 --> 00:44:42,304 For justice. 1107 00:44:43,204 --> 00:44:44,894 And if you have all these things combined, 1108 00:44:44,904 --> 00:44:49,034 you can actually build a marketplace on them on that, that will scale, that 1109 00:44:49,034 --> 00:44:52,514 will scale to a billion or more people, and it'll actually give you everything 1110 00:44:52,514 --> 00:44:53,634 you need to have your own government. 1111 00:44:54,074 --> 00:44:54,844 Like, it really is. 1112 00:44:54,914 --> 00:44:57,034 99 percent of governance is about money. 1113 00:44:57,344 --> 00:44:57,514 Like, 1114 00:44:57,514 --> 00:44:58,824 who cares about the voting? 1115 00:44:59,284 --> 00:45:02,814 Who cares about the protests or the deeds 1116 00:45:02,814 --> 00:45:03,564 or whatever? 1117 00:45:03,564 --> 00:45:04,404 All that stuff is just... 1118 00:45:04,404 --> 00:45:07,924 Was it Rothschild quotes, like, uh, give me the control of the... 1119 00:45:08,099 --> 00:45:11,249 The country's monetarism and I care will not care about its 1120 00:45:11,249 --> 00:45:12,159 laws any longer. 1121 00:45:12,159 --> 00:45:15,139 And so exactly, he wanted to control precisely of the 1122 00:45:15,139 --> 00:45:17,039 volume of money in circulation. 1123 00:45:17,559 --> 00:45:21,049 And these things allow you to, they don't let anyone control the volume. 1124 00:45:21,069 --> 00:45:23,389 The volume just grows organically, right? 1125 00:45:23,559 --> 00:45:24,609 So it's all about this. 1126 00:45:24,639 --> 00:45:28,109 This is basically the kernel of civilization in code. 1127 00:45:28,109 --> 00:45:30,449 Like these are the elements I just outlined for you. 1128 00:45:30,864 --> 00:45:31,444 This is it. 1129 00:45:31,534 --> 00:45:32,194 I've thought about 1130 00:45:32,194 --> 00:45:34,364 this for years and this is what's 1131 00:45:34,364 --> 00:45:37,414 needed to make everything else on top of this, like whether you want 1132 00:45:37,414 --> 00:45:40,914 to build a money market system on top of it or a dex or whatever. 1133 00:45:41,304 --> 00:45:45,454 These are just silly things to help, you know, open up more products, more 1134 00:45:45,724 --> 00:45:46,834 opportunities for people. 1135 00:45:47,289 --> 00:45:48,189 This is the foundation. 1136 00:45:50,179 --> 00:45:50,729 Wonderful. 1137 00:45:50,729 --> 00:45:51,399 And okay. 1138 00:45:51,439 --> 00:45:56,569 So, so maybe a concrete question on this with the, with the SIV kit. 1139 00:45:56,839 --> 00:46:01,689 And, uh, I understand first of all, why that you're, whenever you mentioned 1140 00:46:01,689 --> 00:46:05,769 that this, the, uh, the peer to peer marketplace, that there was all the, 1141 00:46:05,789 --> 00:46:11,759 the drama and all that, um, don't need, don't need to go into that here. 1142 00:46:11,779 --> 00:46:16,269 But, but the question is, since that's no longer something that you're. 1143 00:46:16,769 --> 00:46:18,569 Working on or with, or whatnot? 1144 00:46:18,919 --> 00:46:20,839 What's, what I, what is the Civ kit? 1145 00:46:21,049 --> 00:46:26,059 Uh, uh, first of all, a little bit, TLDR, just in terms of, to, we, 1146 00:46:26,059 --> 00:46:29,179 we've been talking about it, but just to introduce it, but, but then 1147 00:46:29,389 --> 00:46:32,209 where do you see that going forward? 1148 00:46:32,989 --> 00:46:33,349 Yeah, so 1149 00:46:33,349 --> 00:46:35,779 Civ Kit is just a protocol, just like Bitcoin, right? 1150 00:46:35,779 --> 00:46:36,589 It's not a business. 1151 00:46:36,589 --> 00:46:37,549 There's no foundation. 1152 00:46:37,549 --> 00:46:37,999 There's no. 1153 00:46:39,969 --> 00:46:43,019 The protocol doesn't have any way to earn money, right, 1154 00:46:43,069 --> 00:46:43,569 and 1155 00:46:43,819 --> 00:46:45,929 it's open source for life, 1156 00:46:46,859 --> 00:46:47,699 right, and it's built, 1157 00:46:48,239 --> 00:46:53,609 CivKit is built on Bitcoin, clearly, it's built on Nostr, and it's 1158 00:46:53,609 --> 00:46:56,509 built on Tor, and there'll be other technologies coming there, but those 1159 00:46:56,539 --> 00:46:58,699 three are the only truly decentralized technologies. 1160 00:46:59,079 --> 00:47:03,219 Private, uh, technologies that we have right now, and that's, they're 1161 00:47:03,219 --> 00:47:04,789 going to be the entire CivKit stack. 1162 00:47:04,789 --> 00:47:06,179 So it'd be things like that, right? 1163 00:47:06,849 --> 00:47:07,259 So 1164 00:47:07,349 --> 00:47:09,029 CivKit is just a protocol. 1165 00:47:09,959 --> 00:47:13,849 If you want to start your own marketplace, you want to start Knut 1166 00:47:13,879 --> 00:47:16,149 Marketplace or Swede Marketplace, right? 1167 00:47:16,149 --> 00:47:20,339 Like whatever you want to call it, you can, I will set it up such that, you 1168 00:47:20,339 --> 00:47:22,319 know, we'll have like a big, a civkit. 1169 00:47:22,519 --> 00:47:23,369 org is like wordpress. 1170 00:47:23,589 --> 00:47:25,049 org, and then there'll be, let's say civkit. 1171 00:47:25,509 --> 00:47:26,629 com or whatever you call it. 1172 00:47:27,429 --> 00:47:32,059 Where, where you'll be able to, you know, go on, type in, I 1173 00:47:32,059 --> 00:47:33,389 want to start Swede Marketplace. 1174 00:47:33,519 --> 00:47:34,189 Okay, great. 1175 00:47:34,799 --> 00:47:35,559 You know, send some 1176 00:47:35,559 --> 00:47:37,269 sats and we'll set up your 1177 00:47:38,149 --> 00:47:40,149 CivKit node for you on DigitalOcean. 1178 00:47:40,169 --> 00:47:43,499 You pay DigitalOcean, you know, with that money, right? 1179 00:47:43,529 --> 00:47:44,139 And that's it. 1180 00:47:44,299 --> 00:47:45,059 You set it up. 1181 00:47:45,764 --> 00:47:47,014 You put in the variables. 1182 00:47:47,014 --> 00:47:48,654 I want my escrow fee to be this. 1183 00:47:48,694 --> 00:47:51,474 I want, you know, these payment methods supported, these 1184 00:47:51,474 --> 00:47:52,934 currencies supported, et cetera. 1185 00:47:52,934 --> 00:47:55,284 I want to sell these kinds of products and boom, you've got your 1186 00:47:55,284 --> 00:47:59,014 marketplace and we're going to, we're going to give away the front 1187 00:47:59,014 --> 00:48:01,064 end code as a progressive web app 1188 00:48:01,444 --> 00:48:04,074 where it'll just be a Nostr relay browser, right? 1189 00:48:04,074 --> 00:48:06,524 Where people can go on there real easy, search 1190 00:48:06,634 --> 00:48:07,474 the marketplaces. 1191 00:48:07,514 --> 00:48:09,704 Every single tweet marketplace will be there. 1192 00:48:10,039 --> 00:48:15,079 Feds Marketplace, Egyptian Marketplace, Limey Marketplace, all these marketplaces 1193 00:48:15,079 --> 00:48:18,479 in the world will be there and you can browse each one of them or you can do 1194 00:48:18,479 --> 00:48:22,549 a search and browse the entire global order book and everything will be there. 1195 00:48:22,979 --> 00:48:25,279 People will be of course, the killer app is OTC. 1196 00:48:25,989 --> 00:48:26,969 Because that's the biggest pain 1197 00:48:26,969 --> 00:48:27,649 point, right? 1198 00:48:27,659 --> 00:48:30,299 That's where it's hard to find any kind of services like that. 1199 00:48:30,769 --> 00:48:31,719 But people, if they so 1200 00:48:31,719 --> 00:48:32,289 choose, they can 1201 00:48:32,289 --> 00:48:34,879 sell shoes or diapers or whatever they want in there, 1202 00:48:34,889 --> 00:48:36,489 and no one can stop them, right? 1203 00:48:36,999 --> 00:48:38,389 But the primary use case will be OTC, 1204 00:48:38,649 --> 00:48:41,269 and if you start Sweden Marketplace, you will earn money. 1205 00:48:41,899 --> 00:48:42,129 Off 1206 00:48:42,179 --> 00:48:45,119 every single trade that people are doing in your marketplace, 1207 00:48:45,669 --> 00:48:47,319 you will earn money as sats. 1208 00:48:47,579 --> 00:48:50,309 So you are incentivized to run a CivKit node. 1209 00:48:52,239 --> 00:48:52,699 And that's how 1210 00:48:52,699 --> 00:48:53,259 it will work. 1211 00:48:53,789 --> 00:48:55,239 So how is the project funded? 1212 00:48:55,249 --> 00:48:56,869 Like how does CivKit make 1213 00:48:56,869 --> 00:48:57,109 money? 1214 00:48:57,139 --> 00:48:57,929 It doesn't. 1215 00:48:57,999 --> 00:48:58,919 It doesn't. 1216 00:48:58,959 --> 00:48:59,409 And that's by 1217 00:48:59,409 --> 00:48:59,849 design. 1218 00:48:59,849 --> 00:49:01,449 Yeah, I'm funding it myself. 1219 00:49:01,499 --> 00:49:04,269 Me and my, you know, Nick Gregory, we're all funding it ourselves. 1220 00:49:04,869 --> 00:49:08,269 Um, and that's, it's, uh, it's not a way for me to make money. 1221 00:49:09,264 --> 00:49:11,514 It's a way for everyone to make a lot 1222 00:49:11,514 --> 00:49:13,184 of money that cannot be stopped. 1223 00:49:13,184 --> 00:49:14,464 And if I'm smart and a good 1224 00:49:14,464 --> 00:49:15,864 business entrepreneur, I'm going to build 1225 00:49:16,034 --> 00:49:17,534 successful applications on top of 1226 00:49:17,534 --> 00:49:17,674 it. 1227 00:49:18,294 --> 00:49:19,504 And I am, I 1228 00:49:19,534 --> 00:49:20,464 absolutely will. 1229 00:49:20,724 --> 00:49:23,214 And I will make money off of those and I can't be 1230 00:49:23,264 --> 00:49:23,664 stopped. 1231 00:49:23,684 --> 00:49:25,434 And we're all going to share liquidity with everyone. 1232 00:49:26,214 --> 00:49:26,824 Noones. 1233 00:49:26,824 --> 00:49:29,294 com, which is another great peer to peer startup. 1234 00:49:29,294 --> 00:49:34,064 It'll be, uh, you know, HODL, HODL, BISC, uh, Bitfinex has their own peer to peer. 1235 00:49:34,564 --> 00:49:36,764 I would like to talk to all of them and say, Hey, mirror 1236 00:49:36,764 --> 00:49:38,534 your liquidity on Sivkit, man. 1237 00:49:38,534 --> 00:49:39,714 I'll start up a note for you. 1238 00:49:39,714 --> 00:49:40,864 Mirror your liquidity on there. 1239 00:49:41,424 --> 00:49:44,764 You'll make more money because there'll be people coming in from all over that will 1240 00:49:44,774 --> 00:49:46,884 trade with these vendors on your platform. 1241 00:49:47,334 --> 00:49:48,444 And you will start earning 1242 00:49:48,444 --> 00:49:51,354 some off some of them because you don't custody any of their funds. 1243 00:49:51,919 --> 00:49:52,809 And it's anonymous. 1244 00:49:53,069 --> 00:49:53,589 Well, 1245 00:49:54,079 --> 00:49:55,519 you have no compliance overhead, 1246 00:49:55,529 --> 00:49:55,879 bro. 1247 00:49:56,319 --> 00:49:59,319 We just brought you all this new business, right? 1248 00:49:59,319 --> 00:50:00,789 And we're all sharing the liquidity. 1249 00:50:01,309 --> 00:50:04,349 And we don't have any of this compliance or custody overhead. 1250 00:50:05,129 --> 00:50:06,219 Who's gonna hate me, man? 1251 00:50:06,639 --> 00:50:09,489 NCOB technology, you could call it that. 1252 00:50:10,159 --> 00:50:11,739 No compliance overhead, bro. 1253 00:50:12,339 --> 00:50:12,419 That's right. 1254 00:50:17,779 --> 00:50:20,869 Man, yeah, look, I mean, I, I do believe, you know, innovation 1255 00:50:20,869 --> 00:50:22,139 friendly regulation definitely 1256 00:50:22,149 --> 00:50:23,749 has a place, you 1257 00:50:23,749 --> 00:50:26,559 know, I'm, I'm, I was like the first guy to go to the Nigerian 1258 00:50:26,559 --> 00:50:30,349 government, like, hey, what's up, welcome from high, we're high, we're 1259 00:50:30,349 --> 00:50:33,029 Bitcoin people, let's work together. 1260 00:50:33,029 --> 00:50:34,999 And they looked, they looked at me and they were like, so happy, 1261 00:50:35,009 --> 00:50:37,949 they're like, you're the first people that ever came to us. 1262 00:50:43,414 --> 00:50:43,804 So look, 1263 00:50:44,344 --> 00:50:48,424 I'm confident that we can, uh, work with governments and we can come 1264 00:50:48,424 --> 00:50:51,154 out with maybe something simple, like a peer to peer license. 1265 00:50:52,064 --> 00:50:54,184 If you were like a Hawala license, basically it's Hawala, 1266 00:50:54,214 --> 00:50:55,214 you guys heard of Hawala? 1267 00:50:55,744 --> 00:50:56,664 Imagine we have like... 1268 00:50:56,664 --> 00:50:58,644 And can you explain the concept? 1269 00:50:59,049 --> 00:51:01,949 Yeah, Hawala is just Arabic for money transfer. 1270 00:51:02,329 --> 00:51:05,489 It's a system that started a thousand years ago, and these Muslim traders got 1271 00:51:05,489 --> 00:51:07,499 around and said, Hey man, this Roman Empire, 1272 00:51:08,179 --> 00:51:10,349 they don't like third party payments, right? 1273 00:51:10,589 --> 00:51:13,569 They don't like, banks don't like it now either, where someone is helping 1274 00:51:13,569 --> 00:51:16,799 you transact with, across time or space because you're not there. 1275 00:51:18,089 --> 00:51:20,969 They say, Hey man, we need this third party payments if we're going to run these 1276 00:51:20,969 --> 00:51:24,359 multinational trading caravans, you know, and they're like, alright, let's do it. 1277 00:51:24,359 --> 00:51:26,059 And they create a system of peer to peer. 1278 00:51:26,354 --> 00:51:29,694 Where, you know, they didn't have a blockchain back then, but they had 1279 00:51:29,694 --> 00:51:32,824 their holy book, the Koran, which was like the first immutable ledger, 1280 00:51:32,854 --> 00:51:34,224 unchanged, so they trusted each 1281 00:51:34,224 --> 00:51:35,914 other to settle between each other. 1282 00:51:36,474 --> 00:51:39,334 And these Hawala agents would, like, for example, if I 1283 00:51:39,334 --> 00:51:44,284 wanted to send money to my pops in Egypt, but I don't have an Egyptian bank account. 1284 00:51:44,514 --> 00:51:45,574 Hawala Akbar. 1285 00:51:45,944 --> 00:51:46,294 That's it. 1286 00:51:47,454 --> 00:51:47,474 No. 1287 00:51:47,474 --> 00:51:47,774 Allahu 1288 00:51:49,544 --> 00:51:49,584 Akbar. 1289 00:51:49,584 --> 00:51:49,704 Yes. 1290 00:51:50,284 --> 00:51:50,794 Oh, hold up. 1291 00:51:50,934 --> 00:51:52,251 No, it's a different route, Abigail. 1292 00:51:52,251 --> 00:51:54,224 My Abigail's not good, but nice try. 1293 00:51:55,624 --> 00:51:58,894 So if I need to go, if I need some money to Egypt, I would, you know, 1294 00:51:58,924 --> 00:52:00,514 go to this guy on the corner. 1295 00:52:00,624 --> 00:52:02,654 He might've been running a hot dog stand. 1296 00:52:02,714 --> 00:52:02,774 I'm 1297 00:52:02,784 --> 00:52:05,564 like, yeah, he's got his little Washington Express sign. 1298 00:52:05,564 --> 00:52:06,824 I'm like, hey, what's Washington Express? 1299 00:52:06,944 --> 00:52:07,204 He's like, 1300 00:52:07,204 --> 00:52:07,504 oh. 1301 00:52:08,159 --> 00:52:13,179 My uncle Ahmed in Cairo, you know, and Bangladesh, my cousin, you know, 1302 00:52:13,649 --> 00:52:16,739 uh, Ishmael or whatever, you know, they can move money around there. 1303 00:52:16,759 --> 00:52:18,369 I'm like, Oh, so I give you a hundred bucks here. 1304 00:52:18,369 --> 00:52:19,709 You can send them my pops in cars. 1305 00:52:19,719 --> 00:52:20,409 Like, yeah, sure. 1306 00:52:20,449 --> 00:52:21,959 But my cousin over there will do it. 1307 00:52:22,019 --> 00:52:22,149 I'm 1308 00:52:22,149 --> 00:52:23,249 like, okay, that's how you do it. 1309 00:52:23,319 --> 00:52:23,939 That's Hawala. 1310 00:52:24,079 --> 00:52:24,519 That's it. 1311 00:52:25,339 --> 00:52:28,609 That guy and his cousin over in Cairo and Bangladesh or wherever. 1312 00:52:29,089 --> 00:52:30,139 They have a trust relationship 1313 00:52:30,619 --> 00:52:31,479 now with Bitcoin. 1314 00:52:31,489 --> 00:52:32,189 It's like a wallet 2. 1315 00:52:32,189 --> 00:52:35,429 0 was with these peer to peer marketplaces They can introduce 1316 00:52:35,469 --> 00:52:39,199 people to all of these cousins Around the world that you trust or 1317 00:52:39,199 --> 00:52:43,309 brothers or magical money friends or let you borrow like your princess 1318 00:52:43,759 --> 00:52:48,589 Yeah, but you borrow your bank account cash or whatever payment method and the 1319 00:52:48,589 --> 00:52:50,219 money is secure But they'll go first. 1320 00:52:50,219 --> 00:52:50,469 We'll give 1321 00:52:50,469 --> 00:52:53,469 them one effort was to see the crypto is there right the Bitcoin is there 1322 00:52:54,049 --> 00:52:55,279 So that's what a wall is 1323 00:52:55,666 --> 00:52:59,686 The show is also sponsored by Orange Pill App, the Bitcoin only social network where 1324 00:52:59,686 --> 00:53:01,346 you can stack friends who stack sats. 1325 00:53:01,946 --> 00:53:04,806 You can connect with your favorite Bitcoiners on the app, make local 1326 00:53:04,806 --> 00:53:07,856 connections, and even connect with Bitcoiners around the world. 1327 00:53:08,406 --> 00:53:11,906 You can see what's going on in your area and organize and attend local events. 1328 00:53:12,347 --> 00:53:15,097 I've been to multiple events organized on Orange Pill App and they brought 1329 00:53:15,097 --> 00:53:17,137 Bitcoiners together from all over. 1330 00:53:17,616 --> 00:53:20,826 And now, with group chat, it's easier than ever to stay in touch 1331 00:53:20,826 --> 00:53:22,146 with all your Bitcoin friends. 1332 00:53:22,555 --> 00:53:24,745 The best part is you know it's high signal. 1333 00:53:24,835 --> 00:53:27,825 There's no spam on OrangePillApp because everyone pays to be there. 1334 00:53:28,035 --> 00:53:31,370 So download OrangePillApp on Apple or Android and start building 1335 00:53:31,390 --> 00:53:32,690 your local network of Bitcoiners. 1336 00:53:33,508 --> 00:53:35,108 Next up, The Bitcoin Way. 1337 00:53:35,638 --> 00:53:38,948 Their mission is to onboard, educate, and remove barriers to 1338 00:53:38,948 --> 00:53:40,558 taking self custody of your bitcoin. 1339 00:53:41,108 --> 00:53:45,418 They cover everything from cold wallets to nodes, no KYC bitcoin purchases, 1340 00:53:45,468 --> 00:53:47,898 inheritance planning, payments, and more. 1341 00:53:48,428 --> 00:53:51,238 Whether you're new to bitcoin or you're an experienced bitcoiner looking to 1342 00:53:51,248 --> 00:53:55,118 expand your freedom footprint, Or you know someone who this 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their favorite projects. 1355 00:54:29,386 --> 00:54:32,686 Geyser has also recently integrated with Zapps and Podcasting 2. 1356 00:54:32,686 --> 00:54:33,146 0. 1357 00:54:33,496 --> 00:54:37,046 So every Zapp sent to a Geyser address shows up on the Geyser page. 1358 00:54:37,806 --> 00:54:39,266 We have a Geyser fund ourselves. 1359 00:54:39,276 --> 00:54:41,436 It's the best way to support our show directly with Bitcoin. 1360 00:54:42,446 --> 00:54:46,306 So whether you're a creator or a supporter, check out geyser at geyser. 1361 00:54:46,306 --> 00:54:47,206 fund today. 1362 00:54:47,558 --> 00:54:48,628 I lost my train of thought. 1363 00:54:48,628 --> 00:54:49,828 what was the question 1364 00:54:49,838 --> 00:54:50,228 before that? 1365 00:54:50,528 --> 00:55:00,108 Well, the connection to CivKit and how this system is going to not only grow 1366 00:55:00,118 --> 00:55:05,178 with the technology, but what do you see this actually doing in the next few years? 1367 00:55:05,178 --> 00:55:08,818 Because you wouldn't have come up with it, I think, if you didn't see 1368 00:55:08,818 --> 00:55:11,148 this actually becoming adopted, right? 1369 00:55:12,278 --> 00:55:12,888 Yeah, so I was... 1370 00:55:15,098 --> 00:55:19,168 Running peer to peer marketplace myself every week, I get a couple of emails. 1371 00:55:19,228 --> 00:55:21,698 Hey, you guys offer white labels. 1372 00:55:21,738 --> 00:55:23,698 We want to have our own peer to peer marketplace. 1373 00:55:25,048 --> 00:55:26,338 Finally, CZ came to me. 1374 00:55:26,348 --> 00:55:28,318 He's like, yo, man, let's do a deal. 1375 00:55:29,098 --> 00:55:30,128 And we did a deal. 1376 00:55:30,128 --> 00:55:31,958 We use one of our products, but really they were just there 1377 00:55:31,968 --> 00:55:32,748 to copy our whole marketplace. 1378 00:55:33,268 --> 00:55:33,778 And he did, 1379 00:55:33,828 --> 00:55:34,548 which was fine. 1380 00:55:34,558 --> 00:55:35,388 Business is business. 1381 00:55:35,918 --> 00:55:38,018 But instead of CZ stealing my idea, 1382 00:55:38,038 --> 00:55:40,418 why doesn't everyone steal my idea? 1383 00:55:40,448 --> 00:55:41,198 How about that? 1384 00:55:41,368 --> 00:55:42,038 And I helped them. 1385 00:55:42,633 --> 00:55:43,343 It's still my idea. 1386 00:55:43,443 --> 00:55:44,503 It's not really my idea. 1387 00:55:44,573 --> 00:55:45,993 Local bitcoins did it first. 1388 00:55:45,993 --> 00:55:46,403 I stole it from them. 1389 00:55:47,143 --> 00:55:49,223 So let's open up the floodgates, man. 1390 00:55:49,713 --> 00:55:52,373 Let's let everyone have their own peer to peer model. 1391 00:55:52,373 --> 00:55:56,333 Even like little communities, if a whole nation state wants to get 1392 00:55:56,333 --> 00:55:57,463 on, it should be able to work. 1393 00:55:57,463 --> 00:55:59,653 You want to get on the bitcoin standard for real and not just 1394 00:55:59,683 --> 00:56:01,243 the wallet, the whole shebang? 1395 00:56:02,023 --> 00:56:02,873 Get on CivKit. 1396 00:56:02,903 --> 00:56:04,513 It's a civilization toolkit for 1397 00:56:04,523 --> 00:56:05,233 like a reason. 1398 00:56:05,233 --> 00:56:06,763 That name is not a mistake. 1399 00:56:07,413 --> 00:56:09,763 Because what we're living in right now is not civilization. 1400 00:56:09,853 --> 00:56:11,213 It is literally just a little... 1401 00:56:12,113 --> 00:56:17,613 System of pressure chambers that are gauged and controlled with a certain 1402 00:56:17,613 --> 00:56:21,263 gradient by some evil wizard with a switchboard dashboard of evil. 1403 00:56:21,263 --> 00:56:23,113 And we're just tired of it, man. 1404 00:56:23,133 --> 00:56:24,473 We're just tired of being poor. 1405 00:56:24,803 --> 00:56:25,973 We're tired of living. 1406 00:56:26,363 --> 00:56:26,683 You know, we're 1407 00:56:26,683 --> 00:56:29,933 not like, there's a type one civilization, type two, type three. 1408 00:56:29,943 --> 00:56:31,323 We're not, we're nowhere even near type 1409 00:56:31,323 --> 00:56:31,668 one. 1410 00:56:32,388 --> 00:56:34,978 We're like a type 0. 1411 00:56:34,978 --> 00:56:35,598 00 1, as it 1412 00:56:36,028 --> 00:56:39,268 gets better, we should be far, far ahead. 1413 00:56:39,278 --> 00:56:39,818 We should have had 1414 00:56:39,818 --> 00:56:43,768 flying cars by the fifties, man, let's be honest, and I'm sick and tired 1415 00:56:44,018 --> 00:56:47,618 of living in the ghetto, you know, like we can do a hell of a lot better. 1416 00:56:48,613 --> 00:56:49,653 And that's all CivKit is. 1417 00:56:49,673 --> 00:56:50,093 People have been 1418 00:56:50,103 --> 00:56:50,963 asking me for this. 1419 00:56:51,383 --> 00:56:52,893 I see a tremendous need for this. 1420 00:56:53,413 --> 00:56:55,133 My head is not up in the clouds. 1421 00:56:55,363 --> 00:56:57,013 It's on my feet or on the ground. 1422 00:56:57,063 --> 00:56:58,313 You know, I've been in the global South. 1423 00:56:58,313 --> 00:56:59,443 I see what people are doing. 1424 00:56:59,503 --> 00:57:00,643 I see the problems that they have. 1425 00:57:00,953 --> 00:57:03,713 So hey, I didn't see anyone else delivering this to them. 1426 00:57:03,973 --> 00:57:07,563 You know, it's like most CEOs are too afraid to talk to their customers. 1427 00:57:07,883 --> 00:57:10,063 They're almost having apathy or they're scared. 1428 00:57:10,713 --> 00:57:12,653 I love these people and they love me. 1429 00:57:13,043 --> 00:57:14,803 So I'm going to give them exactly what they need. 1430 00:57:14,803 --> 00:57:15,173 And that's what 1431 00:57:15,253 --> 00:57:15,803 CivKit is. 1432 00:57:17,463 --> 00:57:18,233 Fantastic. 1433 00:57:18,973 --> 00:57:21,783 Building type 2 civilizations from scratch. 1434 00:57:21,813 --> 00:57:22,093 Like, 1435 00:57:22,493 --> 00:57:22,943 exactly. 1436 00:57:23,173 --> 00:57:23,613 Fantastic. 1437 00:57:23,613 --> 00:57:23,883 Yeah. 1438 00:57:23,883 --> 00:57:25,053 Let's get a type 1 first. 1439 00:57:26,523 --> 00:57:26,963 Type 1. 1440 00:57:26,963 --> 00:57:27,783 I always mix those 1441 00:57:29,033 --> 00:57:29,053 up. 1442 00:57:29,053 --> 00:57:31,293 We should be like, we're not even at type 1443 00:57:31,373 --> 00:57:31,923 0, 1444 00:57:31,923 --> 00:57:32,013 man. 1445 00:57:32,013 --> 00:57:32,423 Come on. 1446 00:57:32,473 --> 00:57:36,323 But even a type 2 civilization starts on earth and stops 1447 00:57:36,323 --> 00:57:37,053 with somewhere around Uranus. 1448 00:57:42,008 --> 00:57:42,938 It's all about humans. 1449 00:57:42,968 --> 00:57:43,998 That's what I'm trying to say. 1450 00:57:45,298 --> 00:57:45,988 It really is. 1451 00:57:45,988 --> 00:57:50,628 And, um, and I don't want to go too deep down the rabbit hole here, but, you know, 1452 00:57:50,898 --> 00:57:52,508 I'm only concerned about this world. 1453 00:57:52,888 --> 00:57:56,708 I don't care about the moon or Mars or Saturn or Uranus or whatever. 1454 00:57:56,708 --> 00:57:57,218 Forget them. 1455 00:57:57,248 --> 00:57:57,868 Even Mars 1456 00:57:57,898 --> 00:58:00,508 is outside of the hash horizon, so we couldn't sync the 1457 00:58:00,508 --> 00:58:02,268 Bitcoin blockchain on Mars. 1458 00:58:02,768 --> 00:58:03,428 That's a whole different 1459 00:58:03,438 --> 00:58:03,988 discussion. 1460 00:58:04,728 --> 00:58:04,888 I'm 1461 00:58:05,118 --> 00:58:06,863 concerned with right here on Earth. 1462 00:58:07,293 --> 00:58:08,173 Get that right. 1463 00:58:08,173 --> 00:58:09,113 And that's it. 1464 00:58:09,803 --> 00:58:12,123 That's all any human should be concerned about. 1465 00:58:12,123 --> 00:58:14,933 Do not be losing your head in the stars or any of this. 1466 00:58:15,353 --> 00:58:16,613 Let's get it right over here. 1467 00:58:17,113 --> 00:58:17,723 Trust me. 1468 00:58:17,913 --> 00:58:19,163 That's going to be hard enough, man. 1469 00:58:19,193 --> 00:58:20,823 We're fighting for the whole universe here, guys. 1470 00:58:20,823 --> 00:58:22,983 We're in the final round here. 1471 00:58:23,443 --> 00:58:24,583 And by final round, I mean, 1472 00:58:24,583 --> 00:58:26,333 we're living through a very special time right now, 1473 00:58:26,333 --> 00:58:26,633 right? 1474 00:58:27,033 --> 00:58:30,183 We're essentially in the, what you're going to do about it 1475 00:58:30,183 --> 00:58:32,063 phase was the face of evil. 1476 00:58:32,063 --> 00:58:33,813 It's just like the mass has just dropped. 1477 00:58:33,813 --> 00:58:35,343 And you're like, Hey, what are you going to do about it? 1478 00:58:35,883 --> 00:58:38,073 They're challenging our humanity right now. 1479 00:58:38,293 --> 00:58:39,423 What are you going to do about it? 1480 00:58:39,433 --> 00:58:40,703 We can do whatever we want. 1481 00:58:40,703 --> 00:58:41,513 What are you going to do? 1482 00:58:41,793 --> 00:58:45,133 Because they want to create a matrix of control where escape is not just 1483 00:58:45,193 --> 00:58:48,463 impossible, but unthinkable because they've got it on the money side. 1484 00:58:48,743 --> 00:58:50,633 They have the full information side of control. 1485 00:58:52,083 --> 00:58:52,443 Yeah. 1486 00:58:52,503 --> 00:58:53,503 Taken to the maximum. 1487 00:58:55,833 --> 00:58:56,283 Exactly. 1488 00:58:57,203 --> 00:58:58,093 They're not going to get it. 1489 00:58:58,183 --> 00:58:59,413 Constant boot to the face. 1490 00:58:59,623 --> 00:59:00,263 That's, that's, 1491 00:59:00,423 --> 00:59:01,543 that's the alternative. 1492 00:59:01,833 --> 00:59:02,183 Yeah. 1493 00:59:02,223 --> 00:59:05,023 So we either win or we die because I don't want to live in a world 1494 00:59:05,023 --> 00:59:05,463 like that. 1495 00:59:05,503 --> 00:59:05,733 I don't 1496 00:59:05,733 --> 00:59:07,213 want to raise children in a world like that. 1497 00:59:07,243 --> 00:59:08,303 So the urgency is on. 1498 00:59:08,313 --> 00:59:10,073 We don't have more than six and a half years. 1499 00:59:10,543 --> 00:59:12,503 They're talking about 2030 real hard. 1500 00:59:12,903 --> 00:59:14,283 And you guys have seen for the past 1501 00:59:15,593 --> 00:59:20,943 three years, since 2020, there's been four different psyops. 1502 00:59:21,293 --> 00:59:23,013 Global in scope 4. 1503 00:59:23,453 --> 00:59:27,693 The rate is increasing, like, up to 2030 it's going to become, hey, every three 1504 00:59:27,693 --> 00:59:31,093 months there's going to be a new SIAB, and every month, every week, they are 1505 00:59:31,093 --> 00:59:35,433 not stopping, and they have had 2, 000 years to plan all this. 1506 00:59:35,903 --> 00:59:36,483 And it becomes 1507 00:59:36,483 --> 00:59:40,723 a virtue signaling mechanism to follow the new rules that they impose 1508 00:59:40,783 --> 00:59:41,343 on people. 1509 00:59:41,618 --> 00:59:41,928 They have 1510 00:59:41,938 --> 00:59:47,478 programmed, uh, compliance into the minds of almost 1511 00:59:47,478 --> 00:59:47,818 everyone. 1512 00:59:47,828 --> 00:59:49,658 That's why it's a zombie apocalypse. 1513 00:59:49,718 --> 00:59:50,448 That's what it is. 1514 00:59:50,458 --> 00:59:51,888 Like these people are like, Oh, a new thing. 1515 00:59:51,908 --> 00:59:56,358 It's sad to see, you know, but honestly, we don't 1516 00:59:56,368 --> 01:00:00,358 need 95 percent of the population to be with us to win this 1517 01:00:00,388 --> 01:00:00,688 thing. 1518 01:00:01,248 --> 01:00:03,658 Even just a dedicated and determined 3 percent of the 1519 01:00:03,658 --> 01:00:05,138 population can win this thing. 1520 01:00:06,048 --> 01:00:06,828 No, absolutely. 1521 01:00:06,858 --> 01:00:07,128 Yeah. 1522 01:00:07,128 --> 01:00:08,598 No, that's the power of the human spirit. 1523 01:00:08,608 --> 01:00:09,658 It's not about the numbers. 1524 01:00:09,788 --> 01:00:10,498 It's about the will. 1525 01:00:10,578 --> 01:00:11,508 You're not willing. 1526 01:00:11,933 --> 01:00:14,803 To do what the other guy is NOT to win. 1527 01:00:14,883 --> 01:00:18,303 Doesn't matter if he's bigger, faster, stronger, has more money, whatever. 1528 01:00:18,713 --> 01:00:19,383 Trust me. 1529 01:00:19,753 --> 01:00:22,393 If you're in a fight, if you've been in enough fights, you realize that. 1530 01:00:23,083 --> 01:00:24,383 And we're in a fight now, believe me. 1531 01:00:26,333 --> 01:00:31,353 So you, you said, uh, with all this in mind, that you've got 1532 01:00:31,353 --> 01:00:32,763 your feet firmly on the ground. 1533 01:00:33,813 --> 01:00:37,323 Is there a head in the clouds to this where you have some optimism? 1534 01:00:37,783 --> 01:00:37,943 Oh, 1535 01:00:37,943 --> 01:00:38,543 absolutely. 1536 01:00:39,273 --> 01:00:42,143 Look, I know what the prophecies are. 1537 01:00:42,183 --> 01:00:45,103 I used to be an atheist, but then I began to see that the people that 1538 01:00:45,103 --> 01:00:48,828 actually run the world I do believe in this crazy comic book nonsense, and 1539 01:00:48,828 --> 01:00:50,288 I began looking for spiritual depth. 1540 01:00:50,358 --> 01:00:52,798 Look, we're going to win, the good guys are going to win, 1541 01:00:52,878 --> 01:00:53,858 we're absolutely going to win. 1542 01:00:53,858 --> 01:00:56,678 There's a lot of confidence from knowing you're going to win. 1543 01:00:57,378 --> 01:01:01,148 It's a little scary right now, because we're all looking for that path, right? 1544 01:01:01,198 --> 01:01:02,348 Like, how are we going to get to the win? 1545 01:01:02,368 --> 01:01:07,588 These guys control all these nuclear weapons, all these big boats, and arrows 1546 01:01:07,628 --> 01:01:10,398 of fire, and warplanes, and oh my god. 1547 01:01:11,368 --> 01:01:14,218 There is a path, you know, and the path is through the money. 1548 01:01:14,218 --> 01:01:18,738 We have to take the pillar of power that these guys took first, focus 1549 01:01:18,788 --> 01:01:23,238 everything on that, focus all of our energy on the global South because 1550 01:01:23,238 --> 01:01:27,228 they're ready to move and man, the opportunities will present itself. 1551 01:01:27,258 --> 01:01:30,958 It's like driving from New York to Los Angeles, right? 1552 01:01:31,548 --> 01:01:34,028 You can't see the 3000 miles ahead of you. 1553 01:01:34,118 --> 01:01:36,668 You're only seeing 10 meters ahead of you with those headlights. 1554 01:01:37,258 --> 01:01:39,598 But that's enough with the faith that you're going to get 1555 01:01:39,598 --> 01:01:40,928 there to actually get there. 1556 01:01:41,218 --> 01:01:42,578 So we just have to keep going. 1557 01:01:43,308 --> 01:01:44,578 It's all about the struggle. 1558 01:01:44,608 --> 01:01:45,818 This world is a test. 1559 01:01:46,158 --> 01:01:49,888 If it wasn't hard, it wouldn't be fun, and it wouldn't be worthy of heaven. 1560 01:01:50,018 --> 01:01:54,038 So enjoy the test and aim for heaven number seven, seventh 1561 01:01:54,038 --> 01:01:55,198 heaven, that's the spot. 1562 01:01:55,838 --> 01:01:56,478 That's my home. 1563 01:01:56,698 --> 01:01:57,068 That's this. 1564 01:02:00,848 --> 01:02:01,198 I 1565 01:02:01,248 --> 01:02:03,558 think that's a great spot to wrap this up on. 1566 01:02:04,108 --> 01:02:07,578 I'd say, uh, as we say here, as we were talking about with Izzy, 1567 01:02:07,588 --> 01:02:11,088 like all you need to do is focus on the orange glowing light. 1568 01:02:11,498 --> 01:02:14,858 And you are certainly a ray of orange glowing light, Ray, so 1569 01:02:14,968 --> 01:02:16,268 thank you very much for doing this. 1570 01:02:16,278 --> 01:02:16,838 Thank you, brother. 1571 01:02:17,148 --> 01:02:18,688 Let's go back to the conference and have 1572 01:02:18,688 --> 01:02:19,168 some lunch. 1573 01:02:20,028 --> 01:02:20,718 Yes, sir. 1574 01:02:20,718 --> 01:02:21,198 Thanks a lot. 1575 01:02:21,258 --> 01:02:22,458 This has been the Freedom Footprint Show. 1576 01:02:22,738 --> 01:02:23,338 Soft ending. 1577 01:02:23,478 --> 01:02:24,038 Yes, sir. 1578 01:02:24,098 --> 01:02:24,448 Cheers. 1579 01:02:24,458 --> 01:02:24,938 Thanks a lot. 1580 01:02:25,348 --> 01:02:25,538 Yep. 1581 01:02:25,788 --> 01:02:26,228 Appreciate it.