Without government run central banks and inflationary currencies, engaging in war is much more difficult. Stefan Molyneux speaks about the potential of bitcoin and cryptocurrencies to end war and brainstorms on how it would be possible start a war in a bitcoin economy. Speech recorded on April 12th at the Toronto Bitcoin Expo 2014.
Thank you. I guess I'll start up here. It's a challenging topic. It's a very big topic.
Anyone here from Europe? Yeah, okay. So, you know, in that family history, he is not too distant past. There was a lot of war.
War is the greatest curse and affliction on mankind. If cryptocurrencies can do anything to lower the chance of war, they deserve our undivided attention as a species. It is the greatest calamity of our species. You could tell tales, like the few I'm about to tell you forever.
But here's one. In the city of Connick's book, which was an exified the USSR, in 1945 at the end of the Second World War, the food supply broke down. Completely, people were reduced to eating awful and human flesh was offered for sale as fried meatballs. Seven centuries of German civilization in the city that had nurtured philosophers such as Immanuel Conn's and go free, fine, and burdened, ended in cannibalism.
What made that possible? In Czechoslovakia, more than 2.2 million Germans were expelled and their property was expropriated. At the peak period in July 1946, 14,400 people per day were being dumped over the frontier. Because in war, you hear about the deaths.
You don't hear as much about the displacement. So, does anybody know the Iraqi death count for the evasion from O3? Well, 500,000, 100,000. Official was 500,000, so estimates on the ground 20 closer to a million.
But a million and a half Iraqis have had to flee the country. This is in the country of 30 million or so, which is unimaginable. When you multiply by 10 roughly and you get, so 15 million, if 10 million Americans have died as a result of an evasion and 15 million have had to flee the country, what makes that possible? We will be talking about that.
This is from Okinawa. As soon as we arrived in Mabuni on June 20th, the bomb exploded nearby, whose fragment is still in my forehead. The next day I found my mother alive. We did not know where to go, so we followed other refugees and encountered a hell on earth.
We saw dead bodies crying and screaming people and a person who was begging to be shot to death. It was total chaos. Mabuni was a dead end. We could not go and infer that the area was under attack.
Incessantly, in the body count increased every day. The bodies and pieces of bodies were on the ground everywhere. After fleeing from the hillside, my mother, grandmother and I were hiding in a small natural cave on the coast. We had no food or water.
Despite giving up to 20 million people, including many savagely such as in the infamous Nanjing massacre and creating between 80 and 100 million refugees, China's war of resistance against Japanese aggression is often treated as a World War II side show. Refugee stories from Korea, where Seoul changed hands four times during the Korean War. civilians trying to cross the high, let's the river, are told to stop by the police, the roads, are full south of the Han, but the poor people of Seoul cross any how, and as they do so, South Korean policemen begin to shoot. The ice cramps and swallows up people and animals alike.
Bombed out bridges are not possible, but people attempt to cross them nonetheless, in some cases. Case is traversing the girders above the span. But the railroad station in Seoul, the scene is the same. The train to Taego in the South of Korea is not only full inside its cards, but also sees people clinging to the sides of the roof of the train.
Those on the top of the train are killed when it reaches the first tunnel. Many of the sides froze to death during seven hour journey south. These stories, as you can imagine, are repeated endlessly throughout the 20th century and of course in the 21st century as well. War is the greatest calamity of the species, and the degree to which people who are interested in Bitcoin, and this is my invitation to the group here today, the mainstream media is interested in Bitcoin.
It's like a novelty, right? It's like it's interesting. It's you know, geek money. You have to use to buy the tape for your glasses when you can't.
It's it could forward in that kind of way, but I would submit that Bitcoin has the power to end war. I won't make the case for that today. With your participation, I don't want you to guys to fall asleep and you know stack yourself up like Dozy, corporate next to each other, or make this a conversation. If Bitcoin could cure cancer, we would be insane for the journey.
We would be thrilled. There would be little nitpicking in normal, right? If Bitcoin could cure cancer, that would be on the front pages of every newspaper, every magazine of a does under 40 every website. But we don't hear much about this because the causes of war remain somewhat unclear to us, but I think that the causes of war are quite clear, and Bitcoin solves those problems.
So if the revolution that we're engaged in could end the greatest spirit of humanity, which is war, what a wonderful movement to be involved in, you know. Nothing really could be better in terms of how you spend your time. So here's where you're on the chat a bit. So cost of war.
I mean, that obvious cost of war, bombing out buildings, destroyed and shattered human beings, that fatherless children, worn out machinery, worn out cultures, worn out people. What is the other cost of war? If you're free to pitch in at this point, what is the other cost of war that popped into your mind that if we could solve them what a great act of heroism in generosity towards the species as a whole, we would be completed. Opportunity loss for that money going somewhere would be more productive fields and endeavor and technology.
Opportunity cost. So all the money that has spent on guns is not spent investing in machinery or some sort of productive thing that raises work of productivity and so on yet. Opportunity costs can't be calculated. You know, what if Steve Jobs had been drafted?
You know a handful, right? And then I guess all the self-on-manufacturers would love Bitcoin amps, but that's it. What if Alexander Sock, the guy who invented the polio vaccine, what if he'd been drafted? So the opportunity costs are incalculable.
What else do we have here? It's you can't quantify it, but we know it's mass. Yes sir. Yes, yes, yes.
They say at the end of the second world war, we'll get to those numbers in a second, that costs at scholars, which is nonsense, because the costs go forward. I can tell the 1980s and 1990s there were still men who's lunched and been burned away by mustard gas from the first world war being cared for by the state as burdened in the taxpayers. So yes, the long-term medical costs are enormous. And pension, yes sir.
Half a million vets on speeds. Yep. What could they have done if they weren't sick? Press.
And how much human energy is poured into caring for these people both publicly and privately, which otherwise could be doing something else? It's not just the people who are wounded, it's everybody who has to care for them, that could be doing something else. How many people are not getting a cure for cancer because they are focusing on taking care of people whose bodies and souls have been shattered. Yes sir.
That's versus them paradigm that is set up in wartime. Yeah, you have to slaughter your own heart before you can slaughter other people. And so yeah, we're not brothers and sisters on the same planet. We are friends on this side, in this costume, the enemies on that side, in that costume.
So I think there is a death of empathy for sure, anything else? The cost of integrating people who have been into or, in the case of society, to a civil society, like a criminal or just post-traumatic stress disorder, all the different things that they can have that keep them from being productive and also may make them hurt other people. Anybody know that suicide count every day in the U.S. veterans?
22. I think it's just been revised up to 23. 23 of that who wanted an hour, almost. It's higher than the body counts from war.
It's the body count, you see it's like. Well, I wanted the reasons for that. It's in the Second World War, a Pacific infantryman in this Pacific. He's spent about 10 days a year in combat.
Anybody know what it's like in Iraq? How many days a year do you think they're spending in combat? 290. Right, 29 times more combat exposure for the Iraq and Afghanistan wars than there was for the Second World War.
It is here and again, we got this fight of flight mechanism, lion, run, you know, or a fight. It's supposed to be peaking and then, but these guys every day and there's no enemy. It could be anywhere. It could be bombs coming into your combat.
Any other plots that you can think of? It's a destruction and rebuilding of infrastructure. Yeah, and also in a war, people don't invest, right? They just, because you don't know who's going to win or how long it's going to go on for.
So this is a suspension of investment and capital improvements and machinery gets worn out. Government takes over your car factory to produce tanks. And when you get it back, I mean, it's not like they've done really great maintenance on it or something. I mean, they've used to pay the raise it inside again.
Somebody in the back? Distributes to education. Distributes to education. Yeah, because the guys are basically not going to school there.
Going to war, right? Left over remnants of weapons damage, so to bleed at uranium, land hires. Yeah, I mean, the Vietnam War is not over. I mean, they're still dying.
Agent Orange is still producing massive birth defects. Mines all over the world are still detonating and blowing people up. The war, there's no closure. In the middle ages, the war was done and the war was done.
Now it just goes on and on. And the cost of remedying the stuff is incalculable. Right, to that. Oh, the propaganda campaigns.
Yeah, you have to divorce people from empathy, from reality, from an understanding of the causes of the war, right? You have to say, well, you know, here we were, just standing around. You know, that's what America said. I can 9-11.
We just stand in around, minding our own business with only 720 military bases overseas, with only prompting up, say, two or three dozen tyrannical governments around the world, with only being the biggest arms dealer and arms seller in the world, just minding our own business. And I don't know what happened. It's weird. Is it?
Interest from the deficit here? Interest from the debt, yeah, because the war is never paid at the time, right? The war is paid through these, what do they call them? Liberty bonds.
It's like, you know the word bond means change, right? Freedom chains. You know, if you want, if there's about so much suffering, this would be the worst, like the blackest comedy in the world. I think you're friend next to you.
Did you have a comment? The war time legislation that crashed down on the civil liberties of countries that are engaged. Yeah, and in the First World War, you would go to jail for criticizing the government. Obliquely, during war time.
Yes, sir? Yeah, the technology that it's shifting towards weapons and instead of going in other sectors, like USSR, actually, they have the best tanks, the best weapons, but the worst cars. Right. The war here's why you can't have cool stuff.
Right? Absolutely, intelligence that goes into that. Weapons of destruction. Yes, sir.
Yeah, yeah, I was just talking in the First World War, which is the first total war, right, in modern history, destroyed almost all the wealth that was created through the industrial revolution. Almost down to exactly the last dollar was destroyed in the First World War, and one of the reasons they had to pursue total war is 10 million people have been murdered, and if they just gone back and said, well, we're just going to leave the boundaries pretty much where they were at the beginning. They would have faced the revolution, so they had to press for total war, which means demonization, propaganda, and all other kinds of reaction stuff. Yes, sir?
Well, the First World War led directly to the pandemic in 1920. Which killed more people than the war itself. Yeah, that was a flu pandemic from all the troops returning home. You never hear them equating the First World War with that.
And a weakened population. Germany had been surrounded and starved, and one was living in the squalor. They weren't getting sunlight in the sunlight as we lived, such as the deep production, which is being linked to resistance and food. So in having food, it was cautiously sorted, and they weren't supporting any sunlight, so all those things went directly to the pandemic.
An excellent point. Yeah, so I think we can, I mean, let's anybody else has any early burnings? Yes, sir? Disarctions to global trade.
Yeah, the first thing they have to do is shut down the borders and trade. This mass deal pointed out, if goods don't cross-borders, armies will, because you have to unite each other in trade. Here's a hint of currency. Because my bird's big coin.
So what happens to currency when war is contemplated? It's debased. Yeah, this goes all the way back to the Romans, right? Well, no, what happens is the Roman Empire, right?
The Romans debased the currency to ridiculous amounts to fund all of the far-flung outposts of the empire. It's great thing to know that 2500 years later or 2000 years later, we've learned our lesson, isn't it? It's hard finding a degree to which this stuff repeats itself throughout history. In the First World War, America went into the First World War, which created such an imbalance.
Anybody know what Germany did in order to do, because it went inside. America went into the First World War, which put a huge amount of men and resources into the Western Front. What did they do with Russia? How did they take Russia out of the First World War?
How did Germany do that? Does anyone know or remember if anyone not does through the 20th century? They said then, through Finland, aren't and well-founded to overthrow then, to overthrow the Russian government, then, practically ended up hiding in Mexico. I think it got an eye-cooked to the head from Stalin's thugs.
So, by entering into the First World War, America created the Soviet Empire. These are the unintended consequences that always happens when you unleash the demon of war. So, how is this conceivably possible? How can there be a business plan in human society called let's create a giant human disassembly plan, destroy everything we can see, and call ourselves winners.
How is this possible? I had a researcher, the cost of war, again, the stuff that we're talking about, you couldn't really calculate other than to say, oh my god, that's like hell on earth. But you can calculate things more effectively, right? So they'll say, well, here's how much we spent on the war, but it's all lies and nonsense and so on.
But what you can do is at least take that number and compare it to gold. So, we're going to compare the cost of war to gold, and then we're going to compare the cost of war to Bitcoin. And then we're going to try and be really, really evil. So, if everyone has their little food men, you must actually just, we've got some ball cans, we'll be shipping out for you to stroke, throughout the course of the presentation, and some scuffle chairs, and some, I believe, shards with lasers around their way.
But we're going to try and talk about whether you can wage war through Bitcoin. So, we're going to try and be, let's turn Bitcoin to evil. That's our goal today. We're going to see if we can achieve that.
Is anyone want to guess? If you know this, like that's amazing, but is anyone want to guess? metric tons. Oh yeah metric.
I said it. How to our American friends. I don't know what that is and click on for you people. metric tons of gold refined throughout all of human history.
Anyone have an idea? You don't, you don't, you're guessing, right? You know? Well, I've heard it many times.
Oh, you've heard it many times? Okay. Well, you're going to hear it once more. Get a problem with it.
Sorry. Yeah, did you want to? Oh, about 175,000 times. Wow.
Yeah, you take the mic. No, that's good. Yeah, 174, 175,000 times. I think it's like 20 meters, by 20 meters, by 20 meters, or something like that, which I believe Kim Kardashian is kind of be dragging around on wonderful figures.
I remember writing. Kind of being out now for his understatements. So the war on terror, right? The American war on terror is if you, it's about what's been booked is about 1.4 trillion, but it's unfunded.
Another part of being passed along is around $6 trillion. Do we have any like rate men in the audience or rate women who are going to do this, man? So basically the war on terror in America costs 291,000 metric tons of gold so far, right? Which is close to twice all of the refined gold ever produced in human history.
How is that possible? I mean, the math just doesn't seem to add in World War 2, America at the time spent $211 billion. And about 161,000 times of gold, how is that possible? That's more gold than it's ever been mined in human history.
And that's America which wasn't even invaded. No bombs dropped on America. The CN Tower is 18,000, 118,000 tons. So the war on terror is almost 2 CN Towers worth of gold.
How is that? I mean, it's inconceivable how much money is, and these are just the direct costs. None of the other staff that we're talking about. The real cost I would argue is many times that.
I just want to get a sense of how much money is spent on war. We would be unfathomably wealthy as a species without war. Like, we would all be bazillionaires. And I don't just mean the early Bitcoin adopters.
I mean, everyone would be like bazillionaires, right? I mean, and there are statistics that are stunning for people who don't know them. So I just give you one tiny one. And this is even to do with war.
This is just another form of government aggression, right? So if you remember, you know, just out in the Second World War, it was not, you know, a Mel Gibson-style Thunderdome hellhole of, you know, cannibalism or anything like that fairly civilized society in its own way. If the government had kept the regulations in place in the post-war period and hadn't added to them, the current GDP of America is about 12, 13 trillion dollars a year. Does anyone now get this?
You don't know. But anyone else? No. Why have the estimated GDP, gross domestic product, if America would be, if regulations had not increased from the post-war period?
Is that like 40 trillion? 53 trillion dollars. That's astounding. That's five times the wealth.
If the only thing that had not changed was the amount of regulation in the U.S. economy. In America, it's insane. Like one out of three people in America need government permission to do their job in license or some sort of permission.
With that war, we would all be making millions of dollars a year. There'd be no involuntary poverty. Everybody would have jobs, you know, whatever. I mean, this is the cost of what has happened with war.
Bitcoins. So, let's say you want to fund the war on terror through Bitcoins. If that were even conceivable. The current Bitcoin price, as of, oh, it's changed.
Wait. No, it changed again. A war on terror would cost 14 billion Bitcoins. Does anyone know why that might be a problem?
Right? A person with maybe 21 million in what? So, change something like that. So, it's then 100 times the total Bitcoin price.
I'm sorry, the total Bitcoin is currently in existence. 500 times the maximum of Bitcoins that can be at carrot prices. Just the war on terror. But I'm talking about the war on drugs.
We're not talking about the war on poverty. We're not talking about social security. The Ponzi scheme of praying on the young like a pair of elderly vampires. We're talking about just the war on terror.
Anyone know of how many al-Qaeda the war on terror is supposed to have killed? That's 50. And it costs more than the Second World War. Those guys are tough.
Most famously, it costs more to kill 50 al-Qaeda than take down the entire Nazi empire. They're like transformers. I mean, are they bulletproof? Are they flung?
Are they invisible? Do they ghost? It's astounding how much is being spent. Bitcoins to purposes, not the war against the al-Qaeda.
The purpose is the war against the domestic population. The war is an effect of war against the domestic population because war is funded through taxation, through theft, but I repeat myself. So, first you must declare war against the domestic population and only then you extract enough resources to declare war against foreigners. So, how is it possible for people to spend on some ill-defined conflict like the war on terror?
Vassimo Gold that has ever been refined in human history. Yeah, money press. Print money. You borrow from the population in the form of bonds and loans to someone, right?
Which is great because it then creates a massive constituency of voters who want tax increases, right? How do you pay back a government bond? God was not making any money that are investing in anything. They're not entrepreneurs.
So, if you get a bond and you know, you 10 years later, your hundred bucks is supposed to be 150, whether they get the extra 50 fund. They tax it, or they print it. The researcher that is working on the presentation did a really strict analysis and found out that war bonds always lose to inflation. Of course they do.
It's math. Hey, I'm going to crack the printing press and give you a hundred back and 50 monopoly money. I mean, of course it has to lose to inflation. Even though they've lost inflation, then they're still in a charging capital gain tax on the bullshit amount they get with that money.
Yeah, yeah. It's fine when you get to write your own rules, isn't it? I mean, you can't lose, right? They can't escape the gold as well, do you think?
They did. Yeah, this is the stability of government law, right? So, I think it was 1934 which he was legal. No, which he wasn't legal, the gold was legal, then the next year, gold was illegal, which he wasn't legal, you know, okay.
Regime uncertainty has never a problem in economics. So, yeah, so if I came to you and I said, hey, guys, I know you don't look that bright, so I really wanted to make this pitch to you. You do actually look very bright, but I'm just being a character. I got a great idea.
We got this war on terror and you guys have some bitcoins, right? So, can you give me 30 million bitcoins? Are we going to have this great war? There are 50 guys out there.
I think I can get it all. And all I need is 30 million bitcoins, and I guarantee you that I will give you 20% return on investment in your bitcoins. Yeah, okay. It's not really a pitch, but the alternative is going to jail, but you know, I'm going to pretend it's a pitch, right?
You'd say, well, there aren't going to be 30 million, so, hey, we've had to give you the 30 million indeed, you can't give us more bitcoins, the fact is, right? But this is what they offer when they control fee and currency, right? When money is just another goddamn government program, money, which is the lifeblood of civilization, you can't have cities without money. You can't enter the Roman Empire, which was also a big basement issue.
The population of Rome went from 1.5 million to 17,000 people in a year or two. Why? Because the money cracked and broke. Without the money, farmers are going to send their food into the city, city's liver dye in currency.
And Rome, well, Rome had this empire, which we may be familiar with, not looking through history, but looking south. Rome had this empire and needed a pay for it, and they couldn't get enough taxation, because they could only tax it because you can't go into the countryside and tax people, because a lot of tax collectors just get lost. I was heading to the farm, turned out the farmer didn't have a use for me. I'm fertilizer.
So you have to tax a city, so what they did was they kept cranking up the taxes in the cities. And when did they construct the Roman soldiers? The Roman soldier was like, absolute help. I mean, you were constructed for 23 years, and then you got like an acre of land, where you could come and bring your shattered, custom-ridden, cordial and smallpox-lazed body bag for six months before you got it.
So they could only construct from the cities, because again, you go out to the country and you're trying to construct people, and don't buy a return ticket, is my suggestion. And so they drove all the people out of the cities, all the young people, all the young men went out into the cities, right? Say, my weight of it. So the best option I have, if I'm conscripted, is to be out there in the middle of God's green hell acre for 20 years, and then I get to get a plot of land water, just to be a farmer now, and skip to 20 years of killing people.
So they all went out of the cities into the country's side, so then what did wrong have to do to maintain the empire, had to hire a mercenaries, right? So you can't collect enough taxes, and you can't inscript enough people, so you have to increase your expenditures. So how do you cover that? Well, do you?
Do you base the currency? And then eventually the basic currency so much that the mercenaries don't feel paid anymore, so then they come to wrong to get their money, and that's the end of the Roman Empire. It's all currency. It's all currency.
I would argue, you know, there's always some idiot who has some incomprehensible theory of everything. The price of magnesium determines the future. Let me tell you how. We have some Glendex silo or intestine chart up on a blackboard, but I would really argue that the history of currency is the history of the world.
Why do you have economic freedom? You have some, right? I mean, we can choose our own occupation, we're not surfs tied to the occupations of our fathers. We have some economic freedom.
The question is why? The libertarian answer is we've got really great arguments, right? I mean, we can show that trade is when we're in plaxiologically, we can prove that we should have these freedoms and it's virtuous and it's good, and it's not true. That's not why it happens.
Why do we have economic freedoms? Let's just say, agree with me for the moment, you know, just for the moment, a human. Why do you think we have economic freedoms? They don't care about our freedoms otherwise they would not enslave us in debt, and send us in wars and stuff.
Why are they giving us economic freedom? So, happy workers are productive workers. A happy worker is productive worker. Excellent.
Sounds like you listen to your kid, he's got a positive teacher. I'm sorry. The folks have any, have some news, false productivity. Yeah, we all know that I know who he sounds, shall we?
Hey, everyone, there's a question. Yes, sir. Collect taxes. Yeah, you can collect taxes.
So, the more productive people are, the more taxes you can collect, right? Yes, sir. Because they've been wars. Yes.
He's been listening. Excellent. I wish I had killed him. Let's run it right in the back there.
Yeah, because of all modern wars and wars of attrition, right? I mean, you keep, until you run out of gold, sell, you run out of bodies to blow up, you run out of oil to put in gas, and right? It's all resource wars of attrition. So, the first two countries to really develop modern economic freedoms with the Netherlands and England.
And they got very powerful, right? I mean, England had an empire, which was a third of the entire planet. They said the sun never sets on the British Empire. It never did.
It goes down one place. It's still new, it's the other place, where there's some stuffed up British shirts demanding that his laundry be exactly right. And so, the other countries are like, whoa, these guys have a lot of resources. They can make a lot of bombs and they have a lot of people.
The population goes up, when wealth goes up, right? So, they have more population, more money, more weapons, this tiny little island ran the world because of economic freedom, challenged to the use of the state. So, the other countries are like, hey, I think we'll stop listening to these economists too, because that gets us more stuff. But if you're a chicken, you're some tiny little cave somewhere, and then the farmer figures out that if he puts you in a free range, you produce five times as many eggs, he'll put you in a free range.
Does that mean the next step is to let you free? No. Of course not. Right after free range comes like a chicken magnetic machine.
So, there's a competition in economic freedom between states, because the more economic freedom up to a limit, the more resources available to wage war. Now, the war can be external, or you can make internal wars, like the war on terror, which is, waging war on an adjective. The war on poverty, right? But you just, let's have a war on drugs.
I want to know what the budget is for the war on drugs in the US. 60, 70 billion? Oh, it's one of that. Last I heard, it's been a while since I did the research, about 150 billion.
And again, direct costs, not counting, opportunity costs, and all that kind of stuff. Now, I've always sort of had this fantasy that she said that people, you for the war on drugs, everyone put your hands up, who's not this audience, I'm sure most of you are not. But put your hands up if you follow the war on the drugs. Great, you get the bill, right?
People like, wait, my outrage has a price. It's not free outrage. I think I could find it in my heart to have some tolerance for people who watch cheats and chunky films. Plus, you know, Floyd, can't do that's that straight.
So, yes, and of course, when if a hot people put their hands down, let's say, hot people to fall the war on drugs, hot them and say, oh, really? $8,000 a billion a year for the war on drugs. I'm out of it, man. Other people get $16,000 a day, because money's got to be, that they put their hands down.
And then the last guy is like, it's you, sir, $150 billion. Are you ready? He's like, no, no, not really. You know, who doesn't like, yes.
So, so when you can't socialize your outrage, when you can't make other people pay the bills for what you're enraged now, or up in moral norms about, it becomes a very different equation. You see, even ethics to a large degree in run by money, patriotism, that's run by money. Oh, how many Americans here? Not ours, right?
Okay, good, then I can be honest. Anyone in America here who is pro-war, you know, it's right? Like, oh, one, you can kind of understand it is retarded, but at least, you know, something happens, we think it's, but oh, three, like Iraq, no justification. And now, Americans are like, our economy sucks.
I can't get a job. I lost my house. It's like, yes, blood is expensive, isn't it? Did you cheer as the rockets rain down on the Iraqis?
Well, that cheering is expensive, isn't it? They don't make the connection, and they're explicitly not allowed to make the connection, and they're loaded from it by media, right? But blood is expensive, and that's one, there were no tax increases for the war, no tax increases for the war in terror, they just printed money, had a housing boom, hasn't crashed, destroyed a metro manufacturing overseas, and that is the result of your blood list. So here's the time when we get to see if we can bend Bitcoin to evil.
So I think we all understand if you can make up money, then you can wait more. If you can force people to lend you money, I don't know, I think it's just, I'm forcing you to make love with me. Well, it's not making love with it. If you can steal from people, if you can steal from the unborn, if you can make up whatever money you want, then you can wage war, total war, and people can then indulge in their petty ape-like bloodlusts to people they have much more in common with than their rulers, who has more in common with each other to subjects of the tax farms known as countries, or the average cattle in George Bush.
God almighty, the fact that they think that the Iraqis are different in George Bush is like them, just shows you how insane we've become in the species, much more in common with the people in Iraq, laboring under the ruling classes than we do with the ruling classes. But so let's say we want blood coin, murder base, what's a good name for an alt-point for war? Sorry, a fiat coin? Whoa, Whoa, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh oh, oh, oh, oh, oh, oh, oh, oh, oh, oh.
Sometimes it's just, that's growing, anyway, some fiat coins, I, I can't, I can't I can't, say that. It just blows my mind too much. All right. Everything else.
Glad you didn't point. It's kind of lengthy. Business card has to be like landscape. I'm sorry.
Evil coin, all right. Evil coin. I think I just discovered my rap name. What?
What should I coin? A rock child. A rock child. A rock child.
All right, so blood point, death point, whatever it is. We want to do this, right? E-coint. What?
E-coint. E-coint. Yeah, E-coint. Get under the use of bananas.
Okay, so let's say that we want to make this case to people. How are we going to make the case for war? When we can't print for money, when it's limited. How can we do it?
Alien invasion. Okay, but without CGI, you know, without Bruce Willis. I mean, yeah, we could say there's an alien invasion coming. But I think before people pour over their bitcoins, they're going to want to see one.
They might want to see, you know, something that Captain Kirkwood banged in a new minute. I don't know, right? They want to see some proof. You know, give me something that will be an artist that's going to want my dreams going on.
So I think that might work to get people's interest, but they need something to... So what else? What story could we make? And how could it work?
I couldn't figure it out. I mean, which doesn't mean much. But, you know, I figure a room for the experts. If we can't figure out how to make Bitcoin evil, that's important, right?
I mean, you can't promise return on investments for breaking shit, right? I mean, you just can't, right? Hey, invest in this, right? I mean, well, okay, now we've got some broken glass, right?
We're in debt, right? Yes, sir. How are you to invade another country and steal their land? Okay, so you say give me money, and I'm going to hire a bunch of mercenaries.
And then we're going to go and invade, I don't know, who's annoying lately. Oh, boy, got my haters. Oh, me! I hate all these countries.
I'm a bad guy, I'm a bad guy, I'm a bad guy. I'm sorry, I didn't know what that was. Canada! They are active?
Yeah, I think we want to steal land that doesn't flood away or melt. That would be sort of my important. I'm sorry? Oh, Iceland!
Can we do Iceland? Yeah, I mean, they don't know a lot of people in the banking industry because they put their bankers in jail, right? So, okay, let's say we're going to invade Iceland, and we're going to take their land. Take their land.
Geothermal energy? Geothermal energy? And take their aurora. I'll take that.
Oh, aurora coins! Sorry, I thought you meant that. All right. Okay, so Iceland, you're screwed, right?
You're in our sights. So, we're going to go and get guns or ships, right? Obviously, yeah, I think you can... You've got a ship, you've got to get over that ship, right?
The helicopter is too far and planes are too much fuel, right? So, we've got to go buy a ship for a bunch of ships. We've got a bunch of mercenaries, and we're going to go and take Iceland, right? So, how are we going to make money out of this?
Use it as a mining farm. This is Iceland. I'm asked for it. Oh, Geothermal energy from Bitcoin mining?
Dude, there's a lot of strong people in this room. This is great. It's like, well, let me see if I can take you to the dark side. What?
Wait, I'm coming. Good. Excellent. All right, the bond bill is this guy.
Okay, so we're going to go in, and we are going to put out Geothermal energy stations. Right. Okay. Now, okay, but we're competing with guys who just will go and buy the land, right?
Who don't need massive military and a fight? Because remember, you're competing with people who might do it without bombs, right? So, how are we going to make money out of relative to not having the... Because the other people are going to go in, just say, oh, we'll buy the mineral rice.
We're going to make some Geothermal stuff. We're going to sell it. They don't need weapons. They don't need armies.
They don't need all that risk. And they're not going to get into these fights and all that kind of stuff, right? So, I don't think you can really compete. Sorry.
Yeah. Do you have a tiny mustache? I can't see back there. Is it for them?
Okay, good. Yes, go ahead. Can you do it in a Transylvania accent? I'm sorry, stay there again.
Yeah, yeah. So, somebody else, too, is coming to debate as well, right? So, personally, I understand that people aren't going to really like it. Right?
I mean, you're going to need the cooperation of the local population to get anything done. You're going to need food, gas, you know, whatever it is, right? Yes, sir. From history, Germany and many countries to get their gold reserves.
So, it's conceivable that you go somewhere to tank something. Yes, that certainly is true. Okay, so... Convocated questions of history, but...
You know, we have no end time for this. Like, you're just going to pee yourselves. Like, there's a lot to go up to the outside of Roman Handels. Because, basically, it takes...
I think it's historically might want three or four security guards to bring me down. And I'm a total biker. Seven, he's had a coffee. Yeah, yeah.
So, no, they said, talk something as you want. So, I'm sorry that you guys are stuck in this situation. Okay, so, yeah. So, Germany would go and take gold.
Right? But, they weren't using bitcoins. Right? So, Germany could go and take gold because they had a whole bunch of children beaten from birth, thrown into the hitly youth, who swore allegiance to Hitler, and would just go off of the free labor.
And they got to socialize and steal all the money that was required for the vermicron and all that, I don't think... They would go and steal all this stuff too. Plus, stealing gold is really bad for the economy. It's a whole...
Right? Anyone know the Spanish story? Anyone here with a tan and some rhythm? Anyone?
Okay. So, yeah, so Spain went over to the New World, right? In the 16th, 17th centuries. And they brought back tons and tons of gold, which meant what did that produce in Spain?
Massive inflation, which caused the intelligent people to flee, and 400 years, the Spanish economy was in the shitter. Sorry, if you grab it. 400 years. That's not good.
Okay, so... Okay, you can go steal gold, but you can't bitcoin that profitably, does that make sense? Or if you can, I'd like to hear. Well, it depends what scale people.
You've got a small group of people. They can go, and they can go and steal rich resources in some other place. I don't think you're going to get countryside's walls from them. So, like, an ocean's 11 kind of thing.
Whereas, like, a hardy band of good-looking people who are going to drive cars, I don't know, to the... I've watched a lot of movies, but... So, like, a small criminal group is going to be like, we're going to get that diamond. So, give us money for all suction cups and cool jackets.
Okay. All right. So, I could see that, like, Machia coin, one-on-one, or something like that, right? Luigi coin, or Guida coin, or whatever it would be, right?
Brinnell cream coin, whatever it is. A tiny suit coin. I don't know, stop me, whatever. Don't do many.
So, yeah, okay. I could see that when you have a specific object. To go and see a one particular thing, and you need some resources to go and do that, and then you're going to split the profits. You could do that through some sort of crypto currency.
Does anyone think that's not the case? I can see how that could work. Yes, sir. Okay.
So, let's assume, for example, that we... Oh, yeah. This is the first assumption, by the way. Everything has its double price.
Go ahead. Do you have something on your scenario? So, we go in, we go to ice there to beat them up with all the resources. And then what's the consequence, right?
On the world's political market, they're going to see Canada or the US going to another country bomb them up, take yourself... They're not going to want to trade with the US. Wait, because we've got, like, we've mixed nine sets of scenarios there. Do you mean if they do against crypto currency?
I'm talking about some group of guys, or even a government, how could they fund a war through cryptocurrency that's going to provide a rate for token? So, in this scenario, you don't have a private information or a central bank, right? Yeah, you can't socialize the cost and privatize the price. So, you tax people because they don't trade.
Remember, you were talking about 2001, right? The approval rate for the war was really high in 2001. After 9-11, it makes sense. So, we start from there, the hypothetical.
They go into the ice then. Thank you. Okay. So, what I was saying is, in 2001, there was a high demand for war.
So, hypothetically, we, I don't know, false flag attack. Yeah, yeah, okay. And then, we go to ice then, we tip our stuff and then other people from other countries are going to observe this. And they're going to say, well, if the USA and the Senate do things like this, we're not going to trade with them.
There's an incentive built in not to start a war, even in, like, a free market. Well, we couldn't shoot theoretically. Couldn't we just be, let's say we're all just people guys want to go steal ice-land stuff. We would all encrypt it and be anonymous and poor-based.
And nobody knows who we are. And we've got, you know, black face masks and stuff like that. And, you know, we put stanks on it or whatever, so it's a higher form, so whatever. And then, we could, considerably, do it anonymously.
And then, people wouldn't know not to trade with us if that makes any sense. Well, if you didn't rewrite it to be like, how about I just beat up some guy and he's knocked out, he doesn't recognize me within a guy we were a crime. Right. But because Bitcoin doesn't allow this level of anonymity in its hacks, right?
But the thing is that this scenario of, let's get the hope diamond with, you know, whatever we're going to do it with, that scenario is not the same as war. Because the risks are born by the people involved only, right? Because war is when other people have to pay the costs, right? I don't like a lot of what Canada does on the international stage.
You know, unless I want to go to jail, I have to pay for it either way, right? So if people want to go steal some diamond or invade Iceland, they take the risks themselves. If it succeeds, then they get some money, right? If they fail, they don't, or they get shot, or they get go jail, or whatever it is going to be, right?
So the worst scenario is the socialization, which means that the pushing off to other people of the true costs of what is going on, not counting the debt and the wounded who obviously pay the costs directly. And it tends to be a one-time thing, it's not a war of attrition. You either get diamond or you don't, right? You either go and get the Iceland geothermal bubble tapioca pudding, whatever it is.
But you don't get this ongoing war of attrition that you push the costs off to everyone else while privatizing a lot of profits, isn't it? Maybe one idea we could use to get everyone to pay is to appeal to the fact that a lot of people don't understand large numbers and lottery. So we'll make a lottery. Okay, good, good.
We'll need to re-land our Iceland, and then everyone who can decide that they contribute will be part of the lottery, and then we'll give out lands to you and keep 90% of them, but we'll... Okay, so everyone contributes ten dollars to the evasion of Iceland, but you get some profit from the geothermal thing once we have an economy, right? Okay, what do people think of that? I'm not what you sign up, you guys obviously understand math, but are there any challenges with that?
I ask, what are my odds of winning? And if the odds are two, I'd be like no thanks. Right. Right, right.
Okay, so what are the odds of winning? Obviously, the odds would be fairly low, right? And they certainly, I would imagine, would be lower than the lottery because the lottery doesn't have the overhead of an army, right? Government lottery is extensive.
So I think that it would be less than a lottery in terms of what you would win because it's got more overhead. So I think it would be tough. Even for people who couldn't do math, they would say, well, I have to pay more for this ticket to cover the cost of the army, while I wouldn't have the same amount, or if I were to say I get less pay-out, right? So they can still compare those two numbers.
So I'm going to thank you, you say I couldn't think of one. Yes sir. Oh, can you get a mic? What are the archivist boards that you created to hide behind a secret road?
Meaning that if you're voting for the war, and I just want to let everyone else around you do what you did. But the crypto currency architecture supports you being anonymous, right? So they would probably want that. Right, here it is.
Here you go. Come on, you won't mind Chris. Okay. So let's say that Iceland has a really big mining farm.
Already a big mining operation already up and running. Yeah. And we as Canadians can convince the populace that we want to go take over this mining farm there. And your investment is sort of an investment in a professional mining farm of stores.
And we as captors, colonial invaders of Iceland's mining farm will continue to reinvest in mining equipment. I think I can see the brochure already. I think we can't. Alan thick to do the information.
And there's a lot of opportunities to just came off the top or to say that there were losses. Maybe not in the terms but in Bitcoin terms from the operation as they are in pretty much every federal mining farm operation. So the idea is you just go and take over the existing mine. Right.
And then you divert all the profits to yourself. Right. But I was so glad of you if you don't take over the whole country, you have the problem with an unwilling population around you. So you can't get your food, you can't get your oil, you have to airlift everything in because the population.
And you have to maintain guards, right? Because the population wouldn't respect your property rights. They've analyzed it and steal it. All of the insurgency warfare that is currently taken down America, right?
Because it's really important to have a giant military that can be taken down by the IED. Right. So I think you still have a problem. Let's take over the whole area.
You've got a problem with the unwilling population around. And it's a lot of over it. Sorry, we did you get it? You said?
You have glasses, so I assume that the evil has seen the stronger one. Do you have any guards of resources? Yeah, and annex of scarce resources. It's like if it's like a present for a future where fresh water is only confined to a very small geographical area.
Right. It might make sense to, you know, like popularize a wall to annex the people. Very. People will make the argument they'll do.
It's like all the people are leaving. Okay, so if there's a good area, there's only one fresh water source. We could go and take over that fresh water source. There won't be so much about the profit of the property.
The property of the IED. It was really involved in the IED. It's a goal that everyone would pick with it. Right.
Right. Yeah, I mean, so it's the argument from natural resources. Right? People say that by doing a rack because of the oil.
It's some sort of control of natural resources scenarios. The difference is, though, in this area, there is no way to get out of yourselves company. I don't think that that would be more actual than this. I'm a titanium.
Or something. I think that would have it on me. All right. So you would then try and raise money through off-coins to go and get this fresh water source.
And then what you would charge like hell for everyone else? That would be accurate. Yeah, but I mean, this is an old argument from economics, right? Which is that, you know, it's a, it's the one-store in town.
And they're going to jack up the prices because there's no other store. Like if you're getting control of the scarce resources that you can somehow exploit everyone else. Generally, it doesn't work that way. People would just ship water in or build a pipeline or like there's too many ways to bypass an exclusive monopoly these days.
People can find out their substitutes. It's going to rain at some point. Right. So people can collect all that stuff.
Well, people can just move away. There's a ceiling on how much you can charge for a scarce resource when people are directly chained to it. You know, like in prison, you can whatever, right? But when people can move away or other people can bring substitutes in, it's really tough to make the kind of money that would make it worthwhile to hire.
Right. Armies are expensive. Violence is expensive. You know, people are likely to fight for you if you don't provide insurance for them.
Right. So if they get killed, you've got to pay, you know, a million dollars to the widow. I mean, it's really expensive compared to trade. Violence is really expensive.
And it would never be profitable. Again, but it wasn't fee at currency. So, I mean, I know we could do that all day. But sort of the point that I want to make is that it's hard to come up with a good, easy scenario.
Hey, if you've got fee at currency, war is a no-brainer. Right. How do we do it? Well, we print as much money as we want.
We probably get nice to kids through public school, which is also paid for a mega monopoly money. We sell war nets. We, you know, as a woman, girl, you said it's easy to make a war. You know, you still have some foreign conflicts.
And then anyone who's a pacifist, you've ran from a traitor. And, you know, it works to save in every government system that you can imagine. War is a no-brainer if you're a moral or evil. War is a no-brainer in a fee at currency system.
But as we can see, it's tough. This is a high-out cube room. It's really tough to figure out a way that you could make money for war through Bitcoin. Through alt currencies, you don't have inflation.
You don't have coercive tax emissions. You don't have intergenerational debts enforceable at the point of a game. You don't have conscription. You don't have the option of not paying people.
You have to entice them. Which means you have to offer them enough to risk death. But that's not easy. So, if this, I'm not saying the case is completely closed, right?
We're just sort of exploring the idea. But if it's true that you can't make money through war through Bitcoin, then the greatest plague of humanity is not... Color efforts, not small boxes, not polio. It's fee at currency.
Fee at currency is the great ghostly predator that stalks the planet. Fee at currency is the guillotine with an endless lineup of humanity going through, like war through a plague. Fee at currency is the great enabler and subsidizer of the greatest evils on the planet. So, the war to replace fee at currency with something else is, as Wilson memorably said, about the First World War, what we are engaged in is the war to end war.
But the general adoption of Bitcoin marks the end of the most savage activity of the ruling clansis. It marks the end of war, not a diminishment of war, not a cessation of war, not a paralysis of mutually assured destruction, which is why nuclear empowers don't attack each other. I mean the genuine by God, nail in a coffin, state through its heart, end to war. What we're fighting is not inflation.
That's just an effect. What we're fighting is not debt. What we're fighting is war. And if we can be part of a revolution that puts an end to war, that is the greatest moral achievement, that our species is capable of.
It warps even the end of slavery. Because the end of slavery, while obviously fantastic for the slaves, was really just constituted into the free-range livestock that we've become now, which is really not the end of slavery. We got slavery down from like 100% to like 75%. But if we can get war from 100% down the zero, there is no greater achievement in the history of mankind.
And we're just talking direct into a country war. And I really, I genuinely believe that these are the stakes that we're playing with with cryptocurrency. No more free evil for the Serbian past in charge. That is an incredible opportunity to be part of.
And so when I'm out there evangelizing about this kind of stuff, literally, this is insane, but this is what it's like. It's like having the guts of half a billion people behind me saying, maybe I could not have died for nothing. You know, if we can get people to adopt a currency that can end war, it doesn't bring anyone back to life, but it puts some meaning to their dance. Because we are piled high on bodies as a species, ants and human beings make war on their own kind.
We have a little less of these. But I think that's the stakes that we're aiming for, to end war. Not in some hippy-to-be, cum-body-out bullshit. You know, ants across the water, you know, that same photos of each other and exchange recipes and try and understand.
Like a genuine end to the possibility of war existing. I think that's the stakes of what we're involved in as a community. And this is not out there in the general population. This argument, is it iron plate?
I think it's close. I can't think of an exception. I've asked experts. This is a smart room.
We kind of come up with scenarios where it's like, there's no brain on there. For evil, that got it, right? Can you imagine what it would be like? A world without war?
A world without war? There are currently about 80 wars going on in the world today. A world without war means a world without the need for defense. Right?
So we're not just talking about, oh well, we're not a war. We are, because we're afraid. And so we need massive armies, even in Canada. I think we don't have to spend all this money on weapons of war if there's no war.
I mean, how do you buy polio insurance these days? Not polio, yes. It will be perfect. Is that a high fiber?
No, no, no. It will be perfect. But the thing is, war is a good seller. And people are seduced.
They want it. Sure, because they don't have to pay for it. Yes, exactly. Nobody gets a bill for war.
America's been a war and effort. 12 years? 13 years? Anyone get a bill?
No. Anyone get a line letter? No. The butcher's bill, the death.
People get sent a flag instead of a father or a mother. But nobody gets a bill. Blessed after peacemakers will come when the bill goes to the warm under us. Right?
Now, the bill is there. It's just a fuse. Nobody can trace it back to the source. Right?
Is it the same? I haven't had a job. My house is gone and so on, right? Well, yeah.
Because dead Iraqis will haunt your financial assets, right? Yes. A country would still use fiat. And so, therefore, they would still be able to wage war against a country that uses bitcoin or the rest of the world that uses bitcoin.
Then you would like to get some defenses against that country because even though those people that are used fiat and don't want to agree with the war because of their system, it makes the war inevitable. Okay, so the issue, and it's a great issue to raise. I'm very sorry that you raised it because it means we have to go longer. It's a great issue to raise, but it's okay.
Canada goes fiat free. Right? We get a priest to come in with a giant sprinkling geistra hose of holy water and you get this golf or thing off our necks, right? And then America is like, right?
We're still a fiat-based country. We got a giant military. Let's go north and invade the land differently. The other friendly cannibals just are over the border.
All right? I don't think that could work. I don't think it could happen. And I'll tell you why.
And then you can tell me, I'm not sure, but I'll tell you why. Why does a country invade another country? Find a better place. Let's just take Germany.
Bay of 1940, they go in and value. And successfully, six weeks or something, right? French folded because it's like, they remember the World War I. And they're like, this.
And for no way. Right? So they let the Germans take over. What's the first thing the Germans do?
What do they take over fundamentally? They take over the tax system. Right? That is the great prize in another country.
It's the tax system. Right? Y'all and entrepreneurs not politicians. Right?
So y'all, you know, thinking about geothermal, once it's a lot of your minds and stuff. No, no, no. You take over the tax system. Right?
And then everyone sends their money to you instead of the last asshole who was there, right? That's what countries invade other countries to take over. Right? You get your lifestyle and you get the tax system.
I mean, sometimes you'll get weapons of war like in Czechoslovakia in 1938. They went to take over the school of works and take all of the Czechoslovakian war machine, which was the biggest in Eastern Europe at the time. So you go and get the resources, but the most important resource, the renewable resource, is the tax base. So if you have a Bitcoin country, if you have a Bitcoin country, what does your tax base look like?
Well, in the US, as these, I'm not sure about Canada, but they've declared that all big coins are considered realizing, as they come as soon as they're buying, and you have to sell your Bitcoin coins and pay taxes on them to send a fiat check to Uncle Sam. You've devoted me to a rant. You just extended your stay. So, do you remember this thing where Barack Obama was like, well, you may have done this, you may have done that.
But you didn't build that. You didn't build the roads. Yeah, like you Barack Obama. You built the goddamn roads, didn't you?
The government doesn't even build the roads. They just subcontract out to people who know what they're doing. And Paul Martin out there with a shovel. Right.
So, I mean, the government is like, oh, there's something new and cool. Let's tax it. Yeah. Did you build it?
No. Did you program it? No. Do you understand it?
Not a clue. But we got some guns. So we got it. Everyone who comes up with anything cool.
Give us some. Okay. Did you make it? No.
Oh. Sorry. I could do that for a while. But in the difference to the people who want to stay dry in the first row on it.
Not just everything cool that comes along. The government with guns, they just jump on it. And it's like, yeah. Now we can make money from it.
Would you like to be an entrepreneur? No. We got the military. We got channels.
That's awesome. Anyway. We should play a plow shot. You and Andrew Ryan would get a lot of money.
That may be a compliment. I'll take it. That's what I'm going to do. What's the matter with you?
What's the matter with you? What's the matter with you? What's the matter with you? Game.
All right. That would just stay on target for the people. All right. Oh, yeah.
Okay. So, you have great management. Thank you. Appreciate that.
And nothing to do with what we're talking about. We're talking about invading a country with all Bitcoin. No fear of currency. What does the tank system look like?
In an all Bitcoin country. Oh, you're on the verge, aren't you? You're like. Spill it.
Spill it out. Zero. Yeah. Well, what is taxation?
A forceful transfer of property? Well, theft. Right. It's theft with a flag.
And how are you going to enforce taxation? In a Bitcoin currency? Yes, sir. You have an idea.
Consumption tax. Consumption tax? So, when you buy stuff, then... You can't.
It's untraceable. Yeah. I mean, why would any store put that in, right? It's uncollectable.
But also... Yeah. I mean, you don't know a transaction has occurred. And who...
Like, you might know one. It occurred. Look into blockchain. Which one?
Who's doing it? Or whatever it's for? Like, good luck. Fine.
You've been, right? Yeah. You've been saying that you can't collect taxes when all money is based on gold. Like, it was for...
Oh, no. You can collect taxes when all money is based on gold. You can bear the gold. And nobody's there to watch when it changes hands.
It's untraceable. It can't be found. Yes. But the amount of labor involved in keeping in that gold and doing it under the table and trusting people.
I mean, you have to trust that the guy is not an IRS agent. You don't have any of that stuff going on at Bitcoin. The labor to hide your transactions. Not that I'm suggesting it.
But the technologically the labor to hide your transactions is infinitely less than it would be in a gold environment. You said it back. There's no way that taxability is a good and something that's very important to live IRS agents can go around and buy some when they don't get back. Is that the core of the bill?
Well, no, but you couldn't do that for online stores because you wouldn't know who did it the rest. Yeah, you would, because they have hooks into the financial system. So if you buy the example... It's all Bitcoin.
It's a big one. All Bitcoin financial system. What are you for the 19th century? All Bitcoin.
I'm talking like wall-to-wall Bitcoin, right? People are wearing bitcoins. They got bitcoins in their hair. That's all they eat in bitcoins.
It's all Bitcoin. All the time. Did I mention bitcoins? It's two taxes.
Well, tax and head tax. You sound very assertive with that. I'm just waiting to see where that goes. Two longs of taxation.
Head tax and wealth tax. Yes. There are two forms of tax action that's still possible on the corporate currencies. Okay.
And how do you enforce wealth tax? You go and say, you've got a nice car. You can afford to give us an X amount of money. Or X amount of bitcoins.
And what should you do? Our head tax is... No, no, no. Wait, wait, wait, wait.
Okay, wait, wait. The laborer to go point guns at people is not free. Taxation has to be profitable. If you've got to walk up and down the street with a bunch of guys with guns, A, it's too obvious.
People like to think that they're being patriotic. When it's really, it's not so patriotic, right? I mean, that's an obvious shakedown. And the people you have to hire, like taxation is only possible at its profit.
Levels at the moment. It's taxation, it's sourced. No labor involved. The money goes straight to the government.
You never see it. No human hand touches that transfer. If you've got to walk around with a gun and get people here, going to go to the bank with you. Oh, there's no bank credit.
There's a bitcoins. So there's got a bitcoins places. Some people walled and shaved me out. Some of the bitcoins tacked my fuck.
There's just no way. It's too expensive. You can't cover the cost. The labor is too intensive.
I mean, taxation has to be relatively friction free to be profitable. That's right. That's right. That's right.
You can tax. You can go to factories that produce goods, and tax the things of that cost them directly. Like, literally. How?
When a guy is, okay, you can get taxed. Or you can go and tax money for a bit more. Because they have an occasion. But then you have to send guys out there to go and get the taxes.
And plus, then, all that'll do is drive from manufacturing off shore. I'll wait then. So it's very labor intensive. And you're going to risk capital flight.
Right? It isn't that I work right now. There's a sort of threat. And if somebody evolves and then you move eventually, pursue legal action, right?
You just drive. Like, you would change them down. Right now, it's like a threat. A sort of threat.
You would just pay, like, once a year. Right? And you would be taxes. Yeah.
But what if they don't know where you live? What if you have no app credit? You could set up different trust legal walls. I mean, this would be a huge incentive.
Right? I'm just saying it's really hard to figure out how taxation works in a big crypto currency environment. Right? And since taxation, as we talked about earlier, it's the first cause of war.
Right? You have to have the taxes too. That's the collateral by which you're selling people off. It's that future productivity.
If you eliminate taxation, for sure, you've eliminated war. Whether it has eliminated other things that people like is another question. Oh, sorry. I was afraid that you were going to do some moderation there.
Tell me I was running a long time. It's too, way too interesting. So what if the mic's not working? But what if, say, Bitcoin deflates like it does, but does not become a global...
Sorry, it's global. It's limited to a group of people who are the... No, no, no, no. No, no.
One theoretical scenario cooking. We can't throw another one after it. Yes, but let's finish this one. How do we tax in a Bitcoin economy?
That's the land. Sorry. That's the land. So you're sending people out?
Well, you really know who wants to land. How do you know who wants to land? Well, you have the corporate needs. So, probably you decide to a Bitcoin address.
How do you know who that is? It depends. Well, it lives on the land. Oh, but then you've got to go out and send people with earnings and...
It's a forced registration, either they register, or it's owned by the government. If it's owned by government, it can seize and put someone else there. Okay, how do you get a forced owned by the government? Well, if it's owned by government, because we've got to send guys out there.
I mean, having fun is to be on spending on this... ...bundy fellow in Nevada at the moment, right? It was a three million dollars just around that. Is Cal, because he owes them three hundred thousand dollars?
actually says stuff to mean that to me while you're here. You're already reporting that they actually think the governor told them, yeah, land management back off. Oh, good. I predicted it was going to increase for the share.
Yeah, share, share. Hopefully there's one thing right today. OK, good, OK, but it's hugely, it's been hugely expensive, right? It's simply not profitable to go and enforce property rights.
You just say, you can say, well, the government, so how are you going to know who owns it? Well, I mean, we don't even remember what it's like to be anonymous as a species anymore. I mean, you know, the 10th of the last century, you didn't need a passport, you could just go work anywhere, travel anywhere, no papers, nothing. I mean, OK, if you were coughing up half a squirrel, they'd probably put you in isolation until they figured out whatever the hell was going on inside your body.
But we don't even remember what's so used to just everything we do being exposed and visible. We can't even remember. So how are they going to know who owns anything? It's a text Bitcoin, you shut down the internet in an order to allow people to have access.
You shut down the internet, right? OK, it has that kind of work for you to get with. You may have no communication. Can you tell me the cell phones that maybe how are you going to do it?
It would be very crippling. Yeah, it would be. So I'm sure they shut down Bitcoin, though. I was like, I'm going to manage these cameras by blowing up the farm.
That's extremely annoying. That's the smokey, isn't it? Look, the bottom line, I mean, you start off by talking about war. That's the whole, that's the entire point.
The bottom line is, you need a huge reason. The country in the United States over 300 million people need a huge administration. And you need literally an army of people to force the tax code. And if you don't have that, this will not collect the tax of the system.
You can't do it. You can't enforce it if you possible. So we'll get to that in a second. The reason we're talking about this is it's related towards, well, you invade the country to take over its tax base.
In a Bitcoin country, there's no tax base. There's nothing to take when you go to what go take someone's car. There's nothing to take. But anyone saying you can go and you can check people's computers.
You can go and check their cars. You need an army of people. You need to think about 300 million people. And it's the government.
It's important. The efficient isn't going to be. I mean, even a climate company would take a lot of manpower with the government. I'm going to forget about it.
Yeah, but if there's a country that's running only, let's say, on Bitcoin, right, it's not going to magically go from fiat to Bitcoin the next day. It's going to be a transition or a eccentric. It's going to be a slow transition. So it's in this transition we could learn.
So in that transition, there's no foster way to accelerate that transition, that for people to think that there's an invasion company, right? That'll be like, oh man, that's a big coin trick. Yeah, oh man. Shit's going down, get me to a light boat.
Right, but you know, like those people, OK, warrants was planned, we need people with guns to go down right to, OK, while the fiat part of the country is going to take care of that. The fiat currency part of the country is going to take care of that while the rest of it, that's ready to come down. They're closer, you tighten your fists, the more star systems will come here. Anyone can start one?
Come on, I can't be alone with this. Not that, oh, yeah, I'm fucking out. It's Venezuela, right? It's what?
Venezuela. You have some people who can exchange for dollars at the real rates of the one market rate, just the free market rate. And you have a bunch of other people who are learning worthless paper. How does that work?
You can't have a sound money supply and an unsound money supply to expect people without a force to keep using the unsound money supply. Yeah, I mean, people gravitate at what works. And so the question of transition will do with the next conference, because the question of transition is huge, but we're just talking about once we're there. And we need to know what we're looking at once we're there.
So 400 years ago, people said, OK, so for the entire infinity of human history, we've had slaves. One, if we didn't, right? And the popularity of the abolitionistic movement, even in 1850s, America was 2%. 2% of people were abolitionists.
But they had a goal, which was a slave-free society. And I think by their standards, they completely achieved that. And how did it happen? It happened through war, and through bribery, right?
The British Empire had its small mission to end slavery, and when it arrived to live in crack, I had invented one who owns slaves and said, well, by them, from here, we'll pay. There was a bishop in Lester, it paid 26,000 pounds for all the slaves, because it was a good Christian man. And it's like, it's toy only guards creatures, but at least I get profit from it. So the transition, we've got tons of examples from it in history, how you transition from an immoral to a moral state.
But we have to have a vision of what it is we're looking for. It's because the vision of where you go can't be incremental, right? To say, I want to go to Paris. What do you think?
OK, I just, I don't know. No, I want to get to Paris. And then you do all the shit that you have to do to get to Paris. But first of all, you have to know that you want to get to Paris.
I think we want to get to a cryptocurrency world. I think that it is a paradise that we can't even keep up. I can literally can't conceive it. And then look back at this life and say, oh my God, what a sewage system these people lived in.
What a wretched hive of scum and villainy these people, and they might have. OK, OK, here we are. It's all the more good. So anyway.
But we have to know, this is why I'm trying to paint this portrait of what the world looks like without fear of currency, no war, no taxation, no national debt, no banksters, no very any financial industry, no stock brokers, oh yeah, except if you will keep frozen in tungsten, like insolent, I got a theme going here, right? But we have, this is where we want to get to. This is the mad vision. I think we need to propagate in society.
Because the world's future runs on enthusiasm. That's the only wind that shoots the sales. It's enthusiasm. And you have to have a mad goal.
I mean, why are you going to die either way? You might as well have a big goal. You go to the same place, whether you bring vigor, or you bring small. So my point of view is, boy, no taxation, no national debt, no war, let's say, and there's many more.
Let's just say those three could result from the revolution that we're contemplating and working on it. Boy, if that doesn't get people's juices flowing, they're already six feet under. And the great thing is, when you have a fantastic world changing goal, ending war, ending debt slavery, ending the predation on the unborn, known as national debts. Do you know what you're not going to hear?
What if the blood came and gets too big and it can't probably be the present day? Fuck you, braiding war! Fuck you, braiding war! APPLAUSE What have you done today?
You've nitpicked. We've got to make a plan. Thank you, everybody. Very much.
I'm bringing you nitpicking. I'm so happy to see you. I'm so happy to see you.