The Bitcoiner Who Keeps Predicting Everything Reveals What’s Next In Iran

Brandon Gentile11,137 words

Full Transcript

And if you think about what's going on with the city of who's really losing from the fight in Ukraine, from the fight in Iran, it looks like they've been the main targets. So, we're not logical. And because we're not logical, you need some other frame, which really is this threeact movie, this three-act play, because we've been so heavily propagandized for generations now. And so as we see him now go into Iran and you see the further liquidation of these nodes in the fiat propagation system, you can start to see why all of this is working out the way it is. We already saw it with the straightfor taking Bitcoin. um you're going to continue to see the main point of reference go from something like the petro dollar and every other currency gaining its meaning relative to the US dollar to every other currency gaining its meaning relative to the only international commodity of importance that's really setting the stage for what Trump is doing right now which is the blockade of the straight of four moves which is really about strangling off energy in their leverage once you realize that 1 million or $10 million or whatever million US trash token reference for Bitcoin is inevitable, then you realize what your priorities ought to be, which are being good at the old jobs, which is probably the only form of wealth that is going to matter going forward. Today, we are joined by Nolan Blay, a thinker who is connecting the dots on a global reset that most of the world's completely missing. Nolan's thesis suggests we are moving past the age of unipolar dollar dominance into a golden age defined by a new biometallic standard. One where Bitcoin serves as the world's neutral settlement layer for energy and trade. It's a vision of a world where the US shifts its geopolitical stance, fractional reserve banking is dismantled by assetbacked stable coins and the very nature of sovereignty is redefined. Nolan, to kick things off here, you've described a transition where the US moves from world police to the world's gun store. What is the specific catalyst that triggers this shift if if it already is triggered possibly? And who are the biggest winners and losers on this new continental security model that takes hold? >> Well, I I think it starts just with Trump's persuasion and you got to go right to the beginning of the 2015 campaign really. And many people have said this, you know, this is one of Scott Adams uh favorite frames that I really use. And my morning show has more or less tried to copy Scott Adams frame where I take the news of the day and I apply the persuasion filter and then I also personally make predictions based on what I'm seeing and if those predictions come true then in general my worldview when I made those predictions is more or less accurate. So, when I first saw Trump in 2015, I was already a Bitcoiner because I'd given up on the ability of politics to really change the world and to move the needle because I saw how fake the news was. I saw how the kind of fake prison of two ideas between the uni party of Republican and Democrat was never really going to be able to shift the world in any measurable way because they were persuading within the same box within the same controlled dynamic of pro-Israel, anti-Israel, pro Palestine, antibianine, proabortion, anti-abortion, capitalist, communist. It was the fake prison of two ideas. So, I had already absorbed and I was working in an executive level politics at the time. I worked for Steven Harper in Canada. I'd run for him in 2011 election, but saw firsthand how fake the news was. I could see Trudeau coming from a mile away. I saw the fake news was going to use their tools to create something out of him. And so, I had already gone two feet first into Bitcoin. I'd given up on politics. But when I saw Trump's Mexican rapist speech when he came down the golden staircase, I said, "Here's something that could actually work politically." the nature of Trump's incendiary language, the nature of the way Trump approached the World War II consensus model, which was to not offend, which was to use these top- down media structures in order to propagate this global system, of the US dollar, of the media, of what is called by the dark enlightenment the cathedral. Uh, which I think is a really good way of understanding it. So don't think of this in terms of nationalism. That's not really what applies. That's what Trump brought to the equation. But when I think of the city of London and these other institutions in this, it's not really a nationalist argument. These institutions are there for the purpose of power. I can't really see anything else outside of it. And so when I saw Trump doing this, I could already see that the nature of this top-down structure and what Trump was proposing, this populist bottomup structure, really was the return of the American system. It really was the return of this populist system where the consent of the governed is really what's required in order to propagate the whole machine forward. It's what the founding fathers had in mind originally, >> not the structure, the super structure that was put in place at the end of World War II. World War II consensus that we've known is really just the fake decentralization of these institutions. Both uh media, banking, the UN, everything that was there to win World War II had become obsolete, had become uh filled with its own the physics of entropy and its breakdown and its ability to persuade and create a form of consensus any longer. and that the bottom up nature of Trump's populism which really gathered all of the energy of individual Americans and a wider swath of the population was there to confront basically the World War II machine that we never shut off. I think of it as like an aircraft carrier that just has the engine running all the time and we'd just been lead letting it run for 80 years and this had also created a world where the best and brightest had become financial engineers. It was a big part of how the mechanism worked, especially after 1971 and the suspension of the gold redeemability with the US dollar so that we were in a fullon fiat world. And you see the World War II consensus as this fiat model because fiat is exactly that. It is basically just government declarations as money. And government declarations as money require propaganda in order to propagate in the same way that Bitcoin nodes require the miners to do proof of work in order to propagate the network. So that's the analogy there. And when I saw Trump with this bottom-up model, it looked a lot like what we were going to get, pardon me, it looked a lot like what we were going to get from Bitcoin. It was a bottomup reversion of that allseeing eye pyramid with people and institutions below the financial system. That reality was really a function of wants and fears and that the World War II consensus model that was there was really just programming people's wants and fears and defining reality after World War II. That's why the governments seen as and the bureaucracy and the Washington DC government and the Washington DC bureaucracy seen as the victors of World War II and and that was the predicate for leaving this engine running and and all the trouble that ensued afterwards. So all of this kind of falls apart around the time of Kennedy's assassination. That's when we don't really know who's president anymore. That's when the civilian control of the presidency is really gone. So when I saw Trump come back on the scene, I said, "Wait a minute. here is a political solution and its model of populism really does fit with the Nakamoto consensus model of a broad-based public using this tool in order to advance their own worldviews and to change reality effectively. So that was the Scott Adams frame about Donald Trump that he was here not just to change politics but change reality. And the more we look at money and the nature of money and what it does and we go back to World War I, which is really the the the setup of course of World War II and the World War II consensus, which was really a war about how to finance war and America had figured out the greatest mousetrap in the history of war finance, which was the collateralization of birth certificates, i.e. the income tax which went into this propagation of the Federal Reserve system because of course the Federal Reserve system required public debts in order to finance the war model and the public debts were really the debt limit placed on each individual's birth certificate which was collateralized to create this public debt. So when Americans hear stories about the debt limit being increased, it was always about the amount of debt that could be put on one birth certificate, the amount of uh money that could be borrowed by the collateralization of this birth certificate. So, one of the reasons why you knew that open borders was so welcomed from certain political parties was because it was another way of increasing the debt limit because every one of those people gets an itin number which is equivalent to for the purposes of public debt, another birth certificate being collateralized. Even if there isn't a birth certificate there, there is a social security number opened in that person's head which is really the function of how these public debts are are um collateralized. So once you see this system, once you see this replacement system come into view with Trump, with populism and then when Trump went full in with Bitcoin in the 2024 election, you started to see the threads of this biometallic formula and bimetalism was the system which existed in America before the Federal Reserve. It was not a gold standard. It was the era of McKinley and the era of Teddy Roosevelt, >> free banking and all that. Yeah. >> Free banking. Yeah. And if you go back to the Wizard of Oz, the Wizard of Oz is really this framework. The Wizard of Oz was really a story about this political world we see ourselves in today. The movie was made 40 years after the book. The book was written by Frank Elbomb, who was a populist of that era. McKinley being a populist of that era. When you hear Trump talk about tariffs, when you hear him talk about how to use these tariffs and jigging, rejigging the whole system, what you're hearing is the echo of McKinley in this era. So the farmers had silver, that was the consumer money. The banks had gold, which was the saving money, the the the very easy threshold to go and save your money. And you don't have to be a financial engineer on Wall Street to save money. You just had to know how to get access to gold and save it. So you had this really interesting biometallic formula which existed before that and that's what we were going to return to. We were going through that. We'll probably get on a Bitcoin standard one day. But what we have now is this trade tariff and this regional block system starting to form where the US dollar once Trump subordinates the Federal Reserve which was what I said was going to be the number one story of the first year of Trump's presidency. And if you remember all the drone Powell and suing him and hit him on the back and he made him audit the building with the glasses and just pure Trump theater lying, you know, completely lying. >> Oh boy. >> It's now $4 billion for the re renovation and he gets out of the glasses and he's like, "No, it's not. Of course, Trump's lying." >> But it was directionally true. How much money does it cost to fix a building? We're at four billion. So it's a bunch of crap. Doesn't matter if it's three or four. It's just Trump Theater. So what you saw was Trump really trying to subordinate that Federal Reserve. He gets control in May and what happens next. You think about the Genius Act and the Clarity Act and what's going on out there. You saw it just get settled last week with the banks and the FDIC implemented it. What the story was there was the stable coins not being able to charge interest or offer interest to American depositors. But that doesn't apply abroad. So the stable coin issuers to issue the stable coin have to have tea bills. They have to buy government debt. So they're the new buyer. The World War II consensus model and what we saw from the Bretton Woods model was really the central banks being the other buyers of US debt. So there was no even before there was only really one fiat currency with the US dollar. Every other fiat currency gained its value relative to the dollar. It was measured by the dollar. And in general what you did was you looked at a few corolleries to the US system. Oil production oil production per capita. housing prices, debt, uh all that kind of stuff and you would make the relative value traded in an open market in some cases, not in the case of China and a few other countries, not in the case of Japan up until the 1980 Plaza Accord. Um, but what you had was a fixed market between certain fiat currencies and then a tethered market between certain fiat currencies or a relatively tethered market, pegged market between fiat currencies and the US dollar. And so what's happening now is you're going to see Trump, and this is kind of what he said when he took over in the beginning of the last term, was, "Okay, all your other fiat ponzies, which were allowed to exist after World War II, we're shutting those all down. We're rolling them into the US dollar." With the Genius Act, it doesn't prevent yield or interest to be paid on foreigners. So foreigners can actually earn interest on US dollar deposits based on whatever commercial means the issuer has. So if Tether wants to subsidize user acquisition in Canada or Argentina or Mexico, they can offer you 10% which they're already doing. They're already offering 10% interest on US dollar deposits. So what's going to happen next is Trump is going to lower interest rates when he gets control of the Federal Reserve as he's telegraphed many, many times. And other countries are going to have to do the same to compete because their game is still to be relative to the US dollar. So he's going to pull that trick. It's going to force everyone to have their interest rates low. While over top of that, the USD stable coins are going to offer high interest on US dollar deposits, which I think will dollarize Japan, Canada, Mexico, Argentina, various other countries. Now, at the same time that that's going on, of course, they are inflating the dollar with very little interest with energy prices ready to go really low with with the straight of horm stuff happening and American drill baby drill energy dominance really becoming very clear policy mandate from this government. What you're going to end up seeing then is this shift in that energy companies with this regional model where you're going to need a neutral settlement layer. We already saw it with the straight of Hormuz taking Bitcoin. Um, you're going to continue to see the main point of reference go from something like the petro dollar and every other currency gaining its meaning relative to the US dollar to every other currency gaining its meaning relative to the only international commodity of importance which is energy and electricity. Oil being a part of it uh but energy really becoming the reference point instead of the US dollar fiat system. And so from there you can start to see why bimetalism is so important. You can start to see that the US dollar being backed by Bitcoin in this way will bring interest back to the US public debts because they can't do it with interest rates. So interest rates aren't going to really lure anyone to buy US public debts. But if they make something like a Bitcoin bond like New Hampshire just did where it's a 0% interest rate on the dollar, but let's say 1% goes to buy Bitcoin, which you get back in 5 years or 10 years, you get the actual Bitcoin. Then you're going to see interest up in this US government debt, while interest rates in US dollars are really low. And this really becomes the leverage Trump has to completely shift the system over to this populist bottomup uh model that Bitcoiners would recognize as the beginnings of a Bitcoin standard. So that's more or less the framework that I've been going on for a while. And if you think about what's going on with the city of London and who's really losing from the fight in Ukraine, from the fight in Iran, it looks like they've been the main targets. Uh Trump has ripped out the price of oil. He's ripped out the futures market on oil from London. He's brought all of that to America. There's ships racing to this the American uh what does he call it again? The um uh the the American Sea or the Gulf of America. They're all coming to the Gulf of America to buy the oil. So, it's a big race today. >> Sweet sweet oil. Yeah. >> Sweet sweet oil. So, it looks like Trump is getting his way. It looks like these uh this systemic change is is in front of us. It looks like Bessant is the most consequential leader of the Treasury. Um, aligned with what Alexander Hamilton probably would have done. It looks like Trump is completely reshuffling the global order here and reinvigorating the American system to be something similar to the bottomup system that the founding fathers had in mind at the beginning. this time with Bitcoin uh swapped out for the gold that they thought would be the the actual measuring stick for this uh global system. Before we double click and kind of tap into some of these these themes here, what the I I feel like 2016, you've kind of talked about this over, you know, the last, you know, five years, you know, 10 years. But, um, you know, it feels like Trump could have walked away almost in 2016 and just broke it broke the media, right? And did did his job in essence, right? And just the frame because I want to go back to these frames for a second. Thinking in frames, the the kayfabe, the WWE, like the hyping things up and like the the people I you see it everywhere with cognitive dissonance just out the the the wazoo with the Judge Npalitano shows and XCA guys and the Tucker Carlson's. You see all this and you know, a lot of it rooted um I think with good intention. I think there's some things like we said like we don't know if all the money, right? Like I don't are there are people paying these people off to act this way? I don't know. Um, you know, Ron Paul, I mean, God loved Ron Paul, right? Like we should be, you know, following the Constitution and stuff like that. And like you said this for a long time, like we're so past that, like these things are so broken. Like what constitution? This is abstract power. No one's following it. And that's this world that we're kind of fighting in and where people are really, especially on the right, they're really struggling with this, you know, obviously like people are really like, I don't know. I'm against these wars, but like what Nolan says makes so much sense, you know, like I would love for you to is he playing 4D chess? Is it 5D chess? you know, and and how he's leading people to the water. You can't make people drink. So, it feels like he's leading people to the water. Um, and not just telling people this, you know, so just thinking through these frames, people get he's a liar, like you mentioned earlier. He's a liar. He's a pedto. He's this and that. It's like they get caught in this emotion without being able to see what's actually unfolding. Everything you were learning in this episode is completely moot and does not matter. If you hold Bitcoin and are still leaving it on an exchange or sharing keys and your KYC information with a third party, this is your wakeup call now. You are only self- sovereign if you alone hold the keys to your wealth. 100% self-custody sounds daunting at first. Believe me, I lost two years of massive gains over a decade ago because I was worried about taking the few minutes it took to understand self-custody. And that's exactly why you need to talk to my friends Tony Azbeck and his team at the Bitcoin way. We just interviewed Tony recently. Has over 80,000 views. An overwhelming response. People love his story and the simplicity he shares of of how easy it is to custody and take ownership of the greatest money we've ever seen. They will train you to do it right the first time. Head on over to the bitcoinway.com/brandon to schedule a free 30inut consultation today. Their fivestar rated service is exactly what you need. Quit sitting on your hands like I did and get started today. Again, that's the bitcoinway.com/brd don. There's one thing more important than Bitcoin. The time you have and the people and relationships you build. And in a world full of noise, the real signal is meeting with other Bitcoiners IRL. finding Bitcoin only events, connecting face tof face, and supporting the circular economy through Bitcoin friendly merchants around the world. That's exactly what Club Orange is built for. Build your circle, support Bitcoin only companies. The only place in the world you can find all that in one spot is the Club Orange app on iOS or Android. Go to Clubor.org, what used to be the Orange Pull app, or scan the code here. >> Yeah. And and look, from the because we didn't know what to expect with Trump the first term, right? I I like the show. I hated the old Republican party. Even though I was a conservative, I I wasn't a full libertarian just because part of libertarianism, as much as I agree with a lot of their goals, it's it's a half opinion. It's just not exactly practical, like how do we get from here to there? So, a lot of it is kind of theater kid infused. It's a lot about saying about, you know, what I believe and what my opinions are and it has nothing to do with how to practically change the world, which is a kissing cousin to liberalism in a way because who gives a [ __ ] what you think? It's not about what you think. It's about what's happening and what does it predict and where are things headed. That that's reality. So, you know, my my predictions about Trump weren't necessarily what I even wanted. If I could go back to 2015 and I would realize the psychological cost of Trump, I would have to consider it because he causes mental illness in and in in people. On the last day of his 2020 presidency when he didn't pardon Ross and he didn't pardon Jul, I said maybe it wasn't worth it. May maybe this all wasn't worth it. >> Uh maybe the mental illness he caused the high cost of having Trump there to change the world, maybe there's a better way. Uh but when we saw him compared against Desantis, which was a legitimate primary, I think Trump had to be primar the the his return, you could see the contrast and why Trump's skill set really did apply to this massive undertaking of changing the world because indeed, you know, we've been brainwashed into this three-act play. Hollywood and all of these things have been going on for a long time now. Fiat, if if fiat is wordbased money, just as I said earlier, the propagation of that reality. Um because as Bitcoiners know we're not there's not if if people were rational, we'd already be on a Bitcoin standard. We've all as Bitcoiners come across people when you say here's the a simple arithmetic. We're fun this stuff. We don't have this kind of money, right? Um we can fund war but we can't fund your healthcare. You can understand right away that there's a problem there. And if people were rational, then we would have already moved apart from it. The 2008 financial crisis should have been enough to change people's minds. But what did we see out of the 2008 financial crisis? We saw way more race baiting in the fake news. We saw way more distractions. We saw way more fake fights that caught people in a fake prison of two ideas again between the pro-Iran, pro- Hezbollah, anti-Israel, anti-, you know, pro-Israel as if that was the definition of reality all along. So, we're not logical. And because we're not logical, you need some other frame, which really is this three-act movie, this three-act play, because we've been so heavily propagandized for generations now. We think in that model. We think in terms of the Hollywood narrative, the three-act play, the introduce the characters, put them in a bad position, get them to fight out. You know, we saw that in Star Wars. We saw that in many of the stories we all hold dear hold dear. This is a part of how we make sense of the world. And the early wrestlers noticed what kayfabe was, which was a hypnotic effect that we know it's fake, right? Everybody has always known it's fake. It's one of the the the biggest indications I had that the boomers didn't quite even when I was a kid, know what was going on in the world relative to just a simple little millennial kid, which was that they would always insist on letting you know that wrestling was fake. And I'd be like, we know it's fake. Like, what are you talking about? Like, what are you talking about? So before there was any mic game, before there was even a Hulk Hogan, there was already what the performers, because wrestling of course is a form of performance art. It's a form of dance or circus or whatever you want to call it. They noticed something that was the hypnotic effect of these people cheering on archetypes of winners and losers and baby faces and heels. And you know, if you treated a woman improperly on stage and you boasted, then the audience knew that you were a heel and they wanted you to pay for bragging and being braggadocious. And so you get sucked into this whole kayfabe thing. And people don't know, but the referees in wrestling are really the directors, the conductors of the show. And if the kayfabe is high, then the match goes on. Now, there's, you know, some of it's scripted beforehand, but it's not scripted in terms of, okay, the match is going to go 10 minutes and it's going to be I'm going to do this move. A little bit of that's going on, but really, if the kayfabe is high, you've got the referee saying, "No, keep going. The crowd is loving this. You're having a great match." And they'll give you more time. And >> that's time on stage is one. It is a live performance. So, it is still a sport. There are performances. If you're flat that day, the referee's going to let you get pinned and you're just going to count you out and you're done, right? your kayfabe wasn't working, your stick wasn't working, you weren't doing the job. So kayfabe is a a thing we've noticed for a while that draws people in. And you can see Trump is just a master of kayfabe and has been from the beginning. You go back to one of the first instances where he lit everyone's brain on fire which was when the Beta Claw massacre happened in France in November I think 2015 when he was still candidate Trump and he came out and said we have to have a full ban on immigration from the Middle East. And here was the trick until we can talk about where the hate comes from. The threshold was so low. It was until we can talk about uh we can't talk about it. Are you kid we can't talk about why they just killed I don't know how many what was it a hundred people or something I don't remember how many but it was it was atrocious it was guys walking around in different parts of the city blowing everyone away and this was just months after Charlie Hebdo which was a very similar story similar ne in the same neighborhood in Paris so Trump's standard was so low which was a full and total uh stop of of of travel and immigration from the Middle East to America with the standard being until we can talk about the hate which is literally, okay, let's talk and it's over. The travel ban is over. There's no pass of law. There's not there was nothing more complicated than that. But in doing that, you really saw his power. So, I had to when I first saw Trump see that you're seeing tremendous talent and tremendous skill, but you don't know how far it's going to go. So I was already derisked from the original Trump campaign in that again like you said as long as he was elected he had already changed reality and put such a dent in it the the whole cathedral could come down and I said that from day one. I said if he never even governs it doesn't matter. He proved that he could win. He proved that the consensus reality laughing at him and all of that stuff was stupid. That he had a mandate that he had people that believed he could change the world and that was enough. Now, the bonus was he was a really great president and I lived in the United States the entire time he was president and was shocked and in awe regularly of his abilities. But when I saw Russia, Russia, Russia, I said, "Okay, there is still an enemy that's much deeper than just what we're hearing in the mainstream media. These were all clearly lies." And so now you start to understand why the kayfabe storylines were so important. by the time the 2020 election comes around, I know they're stealing it from them. I I flee America as a refugee because I'm living in Brooklyn. I'm getting uh five ballots sent to my house and there isn't an eligible voter in the house and um you know, I got uh non-stop my whole neighborhood's on fire and no one is coming to save me and and suddenly there is no COVID because of course my racism. So, I'm saying, "Okay, we're we're clearly involved in a very dangerous OP. I got to get out of here." And I was right because the Joe Biden war on my industry was real right away with what happened with the Canadian Truckers, with what happened with um you know, the Federal Reserve attacking Bitcoin magazine where I was working about making fun of them. And then you saw Merrick Garland and Janet Yellen attack Kraken. I had been working there. uh all of my companies were now getting basically attacked by the regime and the same thing happened in Canada when the truckers thing happened. I ended up getting sanctioned as a terrorist and all these crazy things. So you started to see just how insidious this system really was. And I was able to predict we were headed to that very simply by seeing the op that was being run on that. And I realized right then and there that Trump had this unique ability and unique capacity now to draw people into an even deeper and more interesting kayfabe story. And that's where we find ourselves now. Trump's great comeback uh leveraging Bitcoin leveraging that Bitcoin was and the Bitcoiners because of the war on crypto were this sort of free radical community that understood better than anyone don't trust verify. We understood in a general way what happened in the 2020 election. We didn't need any proof that the election had been stolen per se because the whole well had been so poisoned by fake news and overreactions even on the part of MAGA folks who were saying this is proof of cheating and that's what 99% of the I caught you cheating in the elections were going to be fake from the beginning because emotions were so heightened but we were in a state of kayfabe and and wrestling. So what I saw from there was indeed the Bitcoiners being these free radicals, understanding don't trust verify, understanding the opportunity that was before us with Trump and embracing it the way we did, not necessarily to see any of Trump's other policy objectives enacted, but foreseeing what he could do to accelerationism, to bringing down the fiat order and and delegitimizing these institutions that had erupted and existed from World War II. you on uh was the big payoff for us. And so as we see him now go into Iran and you see the further liquidation of these nodes in the fiat propagation system, you can start to see why all of this is working out the way it is and why the Iran question run it right back to what we saw from the 2015 bataklaw. You can't ban Middle Eastern people from America. You can't ban them. It's terrible. But it was all just until we have a conversation. Just like now, it's all just until we have a conversation. And that's why one of the number one stories out of what we're seeing here and even, you know, bringing it back to kayfabe and and how people aren't logical. If you go back to the original Trump Elon spat where Elon said is in the Epstein files, you remember right away this spurred the greatest conversation we've ever had in American history about uh end the Fed. That was the result, right? Again, because we've told people for a long time the Fed is corrupt. It doesn't work. Nagging, that's like a theater kid thing. Nagging and uh scolding people, it doesn't work. It doesn't persuade any. >> Yeah, >> it doesn't do any right. >> But what does work in this case was Elon Musk saying Trump was in the Epstein files and then all attention was geared towards Trump Epstein files. What did you get? Remember their fight was about the big beautiful bill. It was about how much uh debt is credible for these public institutions and the way they're configured now. What about Doge? What about the waste? What about the fraud? What about all the audits? You're going to see nothing but audits in 2026. We're already on that framework. So, what you saw from then on was this widespread conversation about end the Fed, which sets Trump up to bring Powell into that office to slap him on the back and say, "Boy, I won you lowering them interest rates, you dumb idiot." With his stupid construction hat on, one of the greatest visuals of World War II. And so, you can see Trump from then on using Epstein as the story. And when does the Epstein files end up getting released? Go check the dates. The Epstein files with Trump's signature gets released right when Elon comes back in the fold. One MBS, the leader of Saudi Arabia is there in the White House signing all these deals. And now fast forward to see that coalition of MBS and Trump and Elon today. And what you see is very clearly NBS called Trump this weekend and said, "Don't stop. We're going to fund Israel. We're going to tie ourselves to Israel. We're going to tie ourselves commercially to this peace in the area. Uh my number one narrative coming out of the beginning of the Iran conflict was the Abraham Accords were going to stick. Jordan, Saudi Arabia, and Israel are now binding themselves commercially. I think Trump is giving Israel over to Saudi Arabia. I think he's giving Netanyahu's toast. He's not going to make it out of this. Um, but Israel is actually going to be given to the Middle East to be more or less governed in some new form. It'll be palatable to Israelis, better than the governance they've had from these uh rancid World War II fiat institutions. So I think Muhammad bin Solomon with all of the transport hubs that are going, the pipelines that are going in between Israel and Saudi, you saw NBS talking about normalizing relations with Israel uh just in that call that he made with Trump last week. that's really setting the stage for what Trump is doing right now, which is the uh blockade of the straight of four moves, which is really about strangling off energy in Europe and their leverage and their negotiating position when it comes to this kayfabe war that we're in. Yeah. So that was my next question. Do do you think that you know the straight of horm because people are so confused or like well we need to open it and then all of a sudden he's like no we're closing it we're blockading it. So it's just like this class I mean everything you've just outlined and just kind of like pieced together like the average person is just completely lost. It it does look like the smoking gun to a lot of what you have been saying and what you just outlined for this global transition. >> Yeah. So Trump immediately remember the first port he goes to when he becomes leader is Argentina, right? he gets the Argentine leader to come because if he can't get Panama, which he didn't know he was going to get a year ago, then Argentina is where you have to go around the street of Mellin and that was the first choke point to get the Chinese out of the continent. So, he goes there first and remember he's already using his persuasion because he starts with Panama and everyone's like, "Oh, America's not getting Panama Canal back." But then he goes Greenland and then Canada. And so when you start seeing them all in order, people started, well, they started with he can't get Panama and then when he's saying Canada, everyone's mind switches and it's like, well, okay, Panama's reasonable. Okay. Okay, maybe Greenland. Um, you know, Trump has this unique ability. This is the kay. I mean, he's doing it with Canada when he started negotiating the 51st state with Canada and then they're making this Chinese deal and no one's paying attention to it in Canada. So, what does Trump do? He says, "Oh, they're going to take away your way of life. They're going to take away your hockey." And now the point is is obviously not true, right? But what does it get every stupid Canadian to say? Every dumb Canadian like you can't stop hockey. But no one's talking about the China deal and how much sovereignty Canada's actually giving up with China. So what it forces every Canadian midwit brain to start calculating is what influence does China actually have? Of course, it doesn't stop hockey, but you can even see him with a devilish smile say that he's going to take away your hockey. And these GUYS ARE LIKE, "NO, HE CAN'T TAKE AWAY HOCKEY. NO, but of course he can." >> Laser pointer to the cat. Yeah, >> it's a laser pointer and a cat. And all these people now are actually doing Trump's work. They're measuring what influences in China. So, this is a way to get around the fiat propagation. And it's a way to create attention where it wasn't being given because attention is how this stuff works. So Trump of course goes and gets Venezuela before the whole conflict. So now you look at all these boats, you look at who's coming and and that's where the bimetalism comes into place. Fiat will still have a role like food stamps to make it'll get what it always wanted to be. Fiat will be public policy money. Public policy >> stable coins. >> Stable coins. the stable coins for someone watching. Yeah, >> stable coins and they're going to be food stamps, right? They're just going to be food stamps and that's fine. You can consume already. Speaking of Argentina, it's been that way for a long time with the Argentine peso. The Argentine peso is good to buy coffee and Coca-Cola and your lunch. Ask an Argentine how much peso they make in a year. They won't know how to tell you. Ask them how much their house costs or how much their car costs. They won't be able to give you the number in peso because it's too variable. It fluctuates too much. uh they think of their savings as US dollars, but that's going to erode quickly. That's why you have so many Argentines over represented in Bitcoin, especially in early Bitcoin, because they recognized what was happening very early because they understood inflation. And so that's one of the big reasons why you're seeing this biometallic frame. It's probably the gentlest way to um absorb inflation, to absorb the and to taper the Ponzi. really you've got to taper this fiat Ponzi because >> the other solution and I know a lot of Bitcoiners like it but it is to let you know a lot of the people die the NPCs want to live off this and >> I'm not quite willing to go there. I know Satoshi was very harsh with if I don't have time to explain it to you. >> Um so just you know [ __ ] off. >> Um I'm not in the same boat. I I think as a early Bitcoiner, we do know that our friends and family are ins snared by this system and that I would like to see as many of them saved by the kayfabe and by the um reorientation that Bitcoin can bring in your worldview because that's what's happening. We're literally reprogramming people's subconscious here in terms of their wants and their fears. And this is really the formula I think behind what will bring about a golden age is a complete reorganization of our aesthetic of what we desire. And that's why Bitcoiners already recognize this. That's why they always say, you know, Bitcoin changes you. Um, you know, when you start getting into it, it's the the change in yourself that you notice. And of course when we think of psychology and economics they're really bound in that Austrian school or Austrian school doesn't care about the Breton Woods deal between canes and the math. It really is just all about the psychological engine and how uh secure commercial relationships are formed, how secure commercial relationships produce results and what are those results. So, we're literally going into brains here and reprogramming people's world views in a way that I think most Bitcoiners would recognize as the first steps towards a Bitcoinization of the economy, a Bitcoinization of aesthetics, a Bitcoinization of consumption habits, and really the start of this Bitcoin fueled golden age that we're on. So, I was I was talking to to Rizzo the other day, uh Pete Rizzo for those watching. um you know he was talking about uh the stable coins and he he was actually he was he was very uh you know he's like this came out of left field like no one predicted this 15 years ago right you know technologies ex you know come into play and then okay look what someone did with it we have stable coins now and he's like I see it very positively like people it's going to teach people wallets exchanges how to use the architecture of what's going on and then you still have the mirror the contrast of bitcoin hey oh I'm still getting rugpulled by bitcoin here over time but people learned that by using the dollar stablecoin as their mechanism to be taught that world of because no one, you know, people don't want to come in with the volatility of Bitcoin and learn all these things. So like h like volatility is crazy. So he's like to me that's the bridge that's the gap that we needed. >> So So I'm glad you brought Pete Rizzo up because he Pete actually taught me about stable coins. I mean I knew about them in the early days and I was a fan, but I remember I worked with Pete for years for those in the audience who don't know, but Pete was very early at CoinDesk. I joined when it started up in New York City uh with Pete. It was the only holdover from its original London formation in 2013. I joined in 2015 when it was bought and moved to New York City. And when Stable Coins first came on the scene in 2016 and 2017, I remember sitting around as I usually would with a lot of the writers and just chatting about what's going on. And I still remember Pete saying to me, and I used it for years as my frame, and it's still accurate, which means it's one of those uh if you make a prediction and and your world view when you made the prediction, it can be confirmed if it's if it stays a useful frame. And what Pete said to me back then was that you should think of stable coins in the same way that you should think of the printer when the early computers came about in the 1980s. in that if you all remember that there was always a for people who who don't come from the 80s and 90s you probably don't remember this but most American homes back then had a computer room it was like an office and you put the computer in that room and there was a printer and even if you go back to thinking about Steve Jobs in the early days of Steve Jobs when Steve Jobs made one of his original coups in the Mac design which was that he insisted that the word software had a billion fonts and everyone's like what do you mean a billion fonts. His argument was that people would be printing all kinds of papers and invitations and uh job postings on the chalkboard or the bulletin boards at grocery stores and all that kind of stuff was going to become mainstream and and so you needed a lot of fonts because that's how people were going to express themselves on a computer and that's how it was going to show up in the physical real world. And so the printer was really the bridge before we had social media, before everything could actually be shared online with a microchip in your pocket and a cell phone and no longer having a need for printers. But the printers in the early 80s 90s were really the main application of computers because you printed papers for school. You printed these invites like I said and they seemed so important at the time. You couldn't have a printer. You couldn't have a computer and make full use of it without a printer. It was a a necessary corollery to the whole system. And so Pete actually over this lunch said this to me. He goes, I think of the stable coins as the printers in this technical technological shift that we're going through. And it always stuck with me. It always maintained relevance to me as a way of explaining them because eventually you wouldn't need the printers anymore, which is the world we live in now digitally. It's they don't they got worse. They don't work anymore. They're terrible. Like they got and stable coins will probably go that way too. They'll be absolute dog [ __ ] one day just like printers are today. So the idea and the frame that Rizzo came up with these printers as the sort of weigh station or the intermediary step in this period of change to me remained one of the most important and powerful frames and useful frames to understand what's going on. uh right now with this technological change. And so uh you know Pete is totally right. It is going to teach people what's going on. It is going to teach people wallet management. It's going to teach people that and and and and the great thing that Bitcoin did do for crypto, right? You know, I I do think of, you know, in general, Bitcoin is more than crypto except for when we start to understand that that the use of cryptographic keys, you know, even even think of currency and the concept of currency. Currency just means like useful now, right? Thing a thing that has current like electricity like the electrical current is something you can draw on or the or the ocean current or the river current. These are things you can draw on today. And so currency is a extension of that word. And in this digital world we live in where we can't prove provenence, we can't do any of these things anymore, seemingly things could be counterfeited. Um, having a cryptographic key as currency is really appropriate and Bitcoin showed the whole world that. That's why Bitcoin of course is the alpha and the omega of cryptocurrencies. Uh, it is the most important by far. But these stable coins and instituting cryptographic keys as currency, keys as actual currency is as big of a learning shift, a big as big of a shift in mindset as we had with the invention of Bitcoin. It's it's a similarsized recalibration. Now again, I don't predict any of this stuff goes on forever, but teaching people that cryptographic keys are currency really shows the trickle down effect of this technology because it was the cryptographic keys that were deemed after World War II, the same World War II paradigm that we're talking about. The same framework that came out of the World War II consensus actually made cryptographic keys count as missiles. They counted them as munition after World War II. And that's why the invention of public key cryptography by Whitfield Diffy and Martin Helman and Ralph Merkel in the late 1970s was such a big deal because they actually showed this trickle down of cryptographic keys from just military uses and military functions because there was no school you could go to back then in the 60s and 70s. You could you could not learn about this stuff. There was no cryptography 101. That was all shut down. You could go and learn about feminist theory and Woodstock. couldn't learn about cryptographic keys. Remember that very important detail. It was deemed too dangerous. They were counted as munitions, as bombs, as weapons. If you had a cryptographic breakthrough, you were an arms dealer. And so when Whitfield Diffy and Martin Helman came up with this invention, they really had to race to publish it because that was going to get shut down real quick. But once you saw the invention, just like once you saw Bitcoin, there was no stopping it. Now, the only way we stopped it during the original iteration of public key cryptography in the 80s was because we were all deemed too stupid to manage our own cryptographic keys because there is a technical boundary and it's absolute like cash. If you lose your keys, you're toast. And so, people didn't want to live on an internet built that way. So, they invented public key infrastructure which gummed up the entire internet which made uh man-in-the-middle attacks which made third party security whole attack vectors reality. That's what made all the honeypotss at the banks with all your mother's maiden name and your dog name and everything that could get stolen from it. So what you saw from then on was this framework where we now didn't really trust the power in the hands of individuals. And that's what Bitcoin really refocused is that it put the cryptographic keys in the hands of the individual. It's the complete trickle down of the power that was only militarily used that went to corporates and now went to individuals with Bitcoin and we'll have other deployments in the real world, stable coins being just one of them. But uh Bitcoin of course again being the alpha and the omega but having the power of cryptography now in the hands that's really Bitcoin's benefit. It's the only layer that I make bigger than Bitcoin is this trickle down of cryptography because it's like magic. It's like giving people the the leverage of magic into their hands and it's why we have the leverage to completely go after this World War II consensus model using kayfabe and Trump and all these other techniques. But if it wasn't for Bitcoin, we'd just be fighting against a wall right now. This is the actual exit strategy we have. And without it, I don't think Trump's populist revolution would be complete because he'd be still playing the game within the frame of fiat currency. And now when you look at what his kids are doing and you look at what's happening with the soft war thesis and Jason Lowry and um you're seeing it all materialize around Trump and if it wasn't for that I don't think you're in this framework. >> We all know health insurance is basically a fiat system of healthcare. It's the biggest debauchery there is. It's expensive confusing. Somehow you still end up paying hundreds of dollars for a band-aid. We moved to crowd sharing almost 5 years ago. It's the best decision we ever made. Instead of sending your money to the insurance company's black hole, you join a like-minded community that directly funds each other's medical bills. simple, transparent, way cheaper, and that difference you save, you can invest in Bitcoin. It's an amazing win-win. And look, we're part of the Bitcoin community because we believe in freedom and decentralization. Crowd Health brings that same mindset to healthcare. 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That's meanwhile.bm4qpbwc or just sign up the link in the description below. >> Yeah. and and when I listen to you just over time and just even I us talking today I think a lot about the Jason Lowry software thesis and that just abstract power versus real power we talked about the constitution it's abstract you know if no one upholds it then it doesn't mean anything um what the last one or two as we wrap here uh what you you know we talked about the golden age a lot and you talk about this a lot beyond the price of Bitcoin and things of that nature pricing energy and Bitcoin and this neutral reserve what do you what other metrics what other things do you look for to kind of signal whether You know, if people talk about hyper bitcoinization, I always joke and say, "Hey, when when my tenant in my rental property is paying me in Bitcoin, that's when to me nature is healed." Like these different signals. Like what are some metrics or things you look at to say, "I think we've transformed. I think we might be there, guys." >> Well, I mean, I wouldn't measure it necessarily just in Bitcoin flows, but I think it's it comes back to what you hear about from Bitcoiners and this psychological engine and the Austrian economics part of the equation. And again, going back to what I mentioned about how Bitcoin changes you, um, you know, when I look at what's going on with fiat and the fiat apocalypse and all of these fake laptop jobs going away and everyone worried about what about the lawyers, what about all of these jobs, analysts, expert class, right? The expert class cashed in the last of their fiat trash tokens during COVID and now they're just absolutely intellectually bankrupt and everybody laughs at them and so they don't really hold court and hold sway like they once did. So I think the proof will be when Bitcoiners and Bitcoin itself can recalibrate the economy to the old jobs that the old jobs are the new jobs. So what you want to see is just Bitcoin allowing people to have this changed time preference to focus on the jobs that matter. You know, all of America would be fixed if we had more mothers that were good at their jobs of being a mother. And if the value of the job of mother and wife and father and brother and husband, if all of these jobs came with the cultural cache that they ought to, because indeed that is the pathway to fixing all of America's problems. It's not necessarily Bitcoin, but Bitcoin brings us to that venue where this conversation is possible. We still have to do it ourselves. We still have to have mothers wearing that responsibility of wife, of mother, of husband, of of of uh father, brother, sister. We're terrible at these jobs right now. We're absolutely terrible. And on a on a on a general level, I'd say Bitcoiners are trying to change this conversation. and they're trying to be better at it. Most Bitcoiners realize if you've been in Bitcoin and you know this happened to many people when the ETF launched in Bitcoin. It seemed like we and we hear this a lot, right? Nothing can stop this train or it's inevitable or Bitcoin is already one. >> If that's true, what it should do to you is turn your focus inwards so that you're a person who's going to be capable of handling the problems of million-dollar Bitcoin or 10 million because we're not going to be measuring it by US dollars at a certain point, right? >> So, Once it's not measured in US dollars anymore, what do you really measure it in? Um, you're going to be measuring it in just your own internal satisfaction compass. So, people are not prepared for what it means to have as your only obstacle. And that's what this AI productivity bounce looks like it's going to deliver to us. It's what UBI is going to deliver to us. And UBI is in the cards. That's part of batalism. There's probably no way we're going to get rid of this. I saw Nick Carter had a viral article about two weeks ago saying it's already here. You're damn right it's already here. I'm not I'm not I don't want UBI. It's not something that I'm out there praying. God, please give the wretched, disgusting fiat sludge people UBI. It's not what I want, but it's what's going to happen because I don't want to kill them either, right? You don't want them to die. So, you want to be able to save as many as you can. And so that's really the conversation that we're going to be having is are we producing more mothers? If you just look at the Bitcoin community, much better fathers, much better mothers. It's not ubiquitous. We haven't been 100% successful. Lots of casualties of success in Bitcoin to the fiat consumption and attention economy. Um hasn't been that smooth. But more more or less you can see the direction and the trend and more and more Bitcoiners recognize it and more and more Bitcoiners seem poised to make this difficult transition from this fiat sludge people apocalypse that we lived through to something like the Bitcoin standard where the old jobs are the new jobs again and and being successful at them because once you realize that 1 million or $10 million or whatever million US crash token reference for Bitcoin is inevitable, then you realize what your priorities ought to be, which are being good at the old jobs, which is probably the only form of wealth that is going to matter going forward. So, if you don't have those things, then it's not going to help you. No credential is going to help you anymore. Um, we're now stuck between a world where you can be who you're meant to be. You can be what you're on this earth uh what you're meant to achieve uh or you can be a sludge person. There's nothing in the middle. Unfortunately, there is no more like I can get a job sort of in my field. Um the good news is the jobs are simple. Be good at them. Right? It's the old Abraham Lincoln line. The last time or two times ago when America was going through this transition, Abraham Lincoln said, "Whatever you are, be a good one." And uh in the end, whatever we are in terms of mother, father, brother, sister, um be good at it because those are the new standards by which we're going to judge each other and be judged. And so Bitcoin can't solve those problems, but it at least gets us to the point where we understand that that are those are the important hills to climb, not just some uh quality of life thing you can add on to your life as a sludge person consumer. Beautifully said. Uh that was my last question. You basically wrapped all of those last two uh questions together. It was how do we get out of this media induced, you know, kayfabe? How do we remove ourselves? What's the frame shift we need? But you just nailed all of it. Uh so amazing talk, Nolan. Um as always, where where can people find you? Any any last words is just uh >> Yeah. Well, I'll have my book coming out on the uh Canadian the death of Canada. Survive the death of Canada. I've got some tips on how to survive uh the first Fiat Nation casualty. Canada will not survive. And so, uh I had a front row seat to it all. And uh indeed, Trump's right. We're losing our hockey team. It's not going to be there. We're still going to be great hockey. Hockeyy's going to be better because Canada really should have been four or five teams. Uh there's no reason for Canada to be one team. You know, much better international hockey is going to be. Uh, I think they might even have a chance to beat the Americans if Canada joins or separates into constituent uh, nations. And uh, I'm going for Quebec. I think Quebec will be the world champion at some point and I'll be there with my beautiful flirtily uh, jersey. Bring back the old Nordics colors and uh, hopefully see a world championship in the future of Quebec. That'll solve our problems. >> That truly that truly would. Um, yeah, I'll link to everything below where to find Nolan, uh, and and everything. And then and you know, the book. When When is the book coming out? >> Um, hopefully in the next month. Hopefully in the next month. >> Yeah. >> Love it. Awesome. Well, Nolan, as always, appreciate you so much. Such a blast. Such an honor. Appreciate >> you in Vegas. >> See you soon. >> Yeah, man. Peace. If you like that episode, then you're going to love the playlist we put together for you with our most recent podcast with the top Bitcoiners, sound money, liberty advocates in the world. Go check those out here. We'll see you inside. You're going to love them.

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The Bitcoiner Who Keeps Predicting Everything Reveals Wha...