Max Kaiser, Bitcoin expert and former host of the Kaiser Report, a very popular financial program, is here to explain to us the significance of Bitcoin in organizing systems that are outside of the mainstream. It's like the UK is destroyed by a cancer, as inflation means essentially that all of us have less and less money all the time, unless you're in the absolute upper echelons of society and can benefit from the peculiar global movements and transactions that appear to be taking place which is beyond the reach and remit of most of us. We're at a point where something critical has to change.
00:00:24.000I'm speaking to Max Kaiser, the Bitcoin expert and former host of the Kaiser Report, a very popular financial program.
00:00:32.000Max Kaiser is here to explain to us the significance of Bitcoin in organizing systems that are outside of the mainstream.
00:00:38.000It's Britain is destroyed by a cancer, as inflation means essentially that all of us have got less and less money all the time, unless you're in the absolute upper echelons of society and can benefit from the peculiar global movements and transactions that appear to be taking place, which is beyond the reach and remit of most of us.
00:00:55.000We're at a point where something critical has to change.
00:00:58.000Max Kaiser's kind of like, I suppose, an evangelist, the self-declared high priest of Bitcoin.
00:01:04.000So if you're interested in cryptocurrencies, although I know he hates that phrase, pay attention.
00:01:09.000But also if you're interested in the organization of systems outside of the mainstream, a lot of thinkers believe that the best way to approach this revolutionary moment when no one can agree on anything, whether it's the murder of Rene Good or the sympathy that ought to be afforded to an ICE agent that's doing his job, how do you come up with a definitive position on any of these things anymore?
00:01:32.000Other than the definitive position is God is great, God is real.
00:01:37.000Human government has gotten to the point where it's so adept at imitating God's omnipotent, omniscient, omnipresent power that we forget that it's just bureaucracies and institutions made up of fallible human beings and the position of centralization as superior has to be robustly examined before assuming that it's the best way to run any community at all.
00:02:01.000Why would minimal government not be the best idea?
00:02:04.000Why would direct democracy not be the best idea?
00:02:07.000And why would currencies outside the control of centralized banks not be a benefit and an advantage if those were the systems you were interested in pursuing?
00:02:18.000If you haven't got Rumble Premium yet, get Rumble Premium Now.
00:02:20.000And if you've not tried our amazing reborn products like this fantastic adaptogenic mushroom super coffee with Ashwagandha and Lion's Mane, which sounds like a character from the Lion King and makes you feel as potent as Mustafa, you are my son.
00:02:55.000It's held together with a sort of an ammo belt.
00:02:58.000I'm armed to the absolute teeth for reasons of safety that I'm sure I don't need to explain to you in an environment where people are being regularly assassinated and suffering reputational attacks.
00:03:08.000You've got to be ready to fight with the UK deep state plainly on my back.
00:03:13.000You've got to be ready for action baby.
00:03:14.000And part of the action we'll be taking is the advocation for direct democracy and ways of attacking these disgusting and corrupt systems.
00:03:21.000With no further ado, here's Max Kaiser helping us to understand Bitcoin.
00:03:24.000And remember, you're watching us on Rumble now, so if you want to make donations or tips using Bitcoin, you can do that directly.
00:05:16.000And there was a movement because the First World War had introduced people to so much horror and suffering that it somehow created this sort of explosion of creativity as if to amend for the horrors of the war in recognition that all the people that are telling you that they're the reasonable grown-ups that know what they're doing are actually mad psychopaths.
00:05:34.000And I would consider COVID to be a sort of a comparable time.
00:05:37.000Not so brutal, obviously, as the First World War, but an obvious example of the deceptiveness and untrustworthiness of the institutions of power across the globe that appear to govern us.
00:05:47.000Remember, C.S. Lewis, that great Christian writer, depicts the demon class as a bureaucracy.
00:06:51.000That's why True Gold Republic exists, not to sell fear, but to explain reality.
00:06:57.000True Gold Republic has released a 2026 expert guide that breaks down why gold and silver are rising, what those moves signal heading into 2026 and how physical metals can help restore a measure of financial independence.
00:07:11.000This is the same conversation True Gold Republic has been having with Americans who don't want guesses, they want strategy.
00:07:47.000We are joined by Max Kaiser today because Rumble now affords the ability to make donations or tips or perhaps some jargon that I don't yet understand in Bitcoin.
00:07:57.000I thought, who better to talk to than the Sultan of Bitcoin, the Emperor of Bitcoin, the El Salvadorean Eldoradian, gold prospector, the miner, the major, in a sense, the stave upon which the tune of Bitcoin is played?
00:08:15.000Max Kaiser, thanks for joining us, Max.
00:08:27.000Tell me why it's important and significant that Rumble content creators can now receive Bitcoin directly into a wallet that isn't mediated or in any way brokered in Bitcoin.
00:08:44.000You know, its popularity has increased dramatically over the years.
00:08:50.000And it's also very easy to tip people in Bitcoin because it's electronic.
00:08:55.000So you can just send it electronically over the internet at a cost of virtually nothing.
00:09:01.000And so those are the two main reasons.
00:09:04.000People want Bitcoin and it's really cheap and fast to send Bitcoin.
00:09:08.000Jake, tell us exactly what it is that we can do now.
00:09:11.000Jake's the producer and contributor to this show.
00:09:13.000Yes, it says Rumble, the Freedom First Technology Platform, the largest company in the digital assets industry, today launched the Rumble Wallet, a non-custodial crypto wallet integrated directly into the Rumble platform.
00:09:28.000By embedding crypto payments into the video sharing platform, Rumble Wallet eliminates the need for intermediaries like ad networks, banks, payment processors.
00:09:39.000Creators can now receive direct, fast, borderless payments from their audience.
00:09:43.000Is that innovative, Max, an important?
00:09:49.000That's the key phrase of that sentence.
00:09:51.000So the payments do not go through a bank.
00:09:55.000They do not go through any financial intermediary.
00:09:57.000This is important, obviously, because therefore it cannot be censored.
00:10:01.000That's why when Julian Assange needed money when he was in the Ecuadorian embassy, people were able to send him Bitcoin and nobody could stop him, even though the credit card companies and PayPal stopped all payments going into Julian Assange.
00:11:10.000And that tells you where the true power is.
00:11:13.000The power is in the currency unit itself, Max.
00:11:16.000So do you think that this, significant though it is independently, do you think collegiately with other ideas that are about decentralization, it could be actually revolutionary, i.e. change existing power structures?
00:11:32.000Let's talk about this depoliticalization of money for a second.
00:11:36.000So Bitcoin does something that has not ever been possible in the history of money in that it separates money from state.
00:11:44.000It separates a central authority from money.
00:11:47.000And in the past, all money has been going through a central authority in the state, right?
00:11:53.000States organize themselves politically.
00:11:55.000They have a system of money and that money is controlled by the state.
00:12:01.000And it's always been a dream to separate money from state the same way there was once a dream to separate the state from the church, right?
00:12:10.000That happened a few hundred years ago.
00:12:13.000So now we have the separation of money from state, and we have a new age of enlightenment, or as Stacey Herbert likes to call it, a Renaissance 2.0.
00:12:22.000And at the kernel of that Renaissance and that revolution is the separation of money and state, because only Bitcoin allows for the network to be entirely decentralized and yet robust, safe, and practical to use on a day-to-day basis for people who want to exchange value over the network.
00:12:39.000The thing is with the Enlightenment is whilst no one would quarrel with the evident, observable and measurable benefits of the Enlightenment, whether they were technological or many of the ideological discoveries or at least ideals that emerged from that period.
00:12:58.000But the challenge of the Enlightenment is that it ultimately led to positing that human authority is supreme, that the authority of the mind and the authority of reason specifically can't be superseded by any transcendent or divine authority for want of a better term, Max.
00:13:16.000And in a way, that has led to despotism and forms of despotism that are not obvious.
00:13:23.000We're all aware, oh, no, North Korea isn't that terrible or Rwanda, that was bad.
00:13:28.000It's not so easy to say that the UK is despotic.
00:13:31.000Now, so whilst an Enlightenment has certainly got positive aspects to it, and I can see that what excites me about Bitcoin and Rumble's embrace of Bitcoin, for example, is that is exactly as you say, it's non-traceable and it's decentralized.
00:13:48.000My concern is kind of a continuation of a conversation that we had on stage at the Bitcoin conference in El Salvador.
00:13:56.000And something that I've been thinking about since you said it, that you said that the spread of Christianity was afforded by the Roman roads.
00:14:03.000And I think that's a very fair thing to have contested, though I've not done any research since then.
00:14:08.000I could have done, I could have come back, haven't done some research, really argued with you about it, but I've not done that.
00:14:13.000But what I will say is, because I know you think that Bitcoin is itself the resurrection rather than a potential tool for a sort of a more divine expression of power or a truer expression of power, wouldn't you consider it to be crazy if we worshipped the roads themselves rather than acknowledged the roads could be a means by which the true message could be spread?
00:14:36.000And do you think it's possible that Bitcoin decoupled from ideology means that the best ideology will ultimately win in the marketplace?
00:14:48.000Well, let's go back a little bit there.
00:14:50.000So you were talking about the Enlightenment and what maybe we lost from the Enlightenment.
00:14:56.000And if I'm hearing you correctly, you're positing that maybe we lost a spiritual connection and a loss of spirituality as a result of becoming technical at that point.
00:15:07.000And this whole technical history since then has led to this highly technocracy age, which people would critique.
00:15:15.000But with Bitcoin, when you have individual sovereignty, when you have your own Bitcoin that is unconfiscatable and nobody can interfere with those transactions, there's no intermediary and it's unconfiscatable and it's guaranteed to mathematically increase in purchasing power forever.
00:15:33.000What happens is you're letting individuals interact with each other on the basis purely of values that would be completely outside of dogma, cant, or even political theory.
00:15:47.000In other words, humans, if left to their own devices, are spiritual beings.
00:15:53.000And in my view, Bitcoin allows for that spirituality to blossom because you're removing the authoritarianism that almost always comes with money.
00:16:01.000So when you remove the authoritarianism that comes with money and you let individuals who are individually sovereign interact with their own human spirituality, and I believe all humans have an innate spiritual quality, then you're going to see a blossoming of spirituality, not a curtailment.
00:16:15.000It actually enhances the goal of what you might call under the rubric of Christian values, not demeans them.
00:16:22.000So we're on the same page, but let's give humans the ability to interact without being told how to interact by some central authority.
00:16:54.000And if that money is uncensorable and unconfiscatable and free to transact, then it allows for me to just talk to you as a human being and we can interact as human beings.
00:17:03.000It removes authoritarianism that comes with the state.
00:17:06.000Yes, I watched something the other day that said that if like with credit transactions based on ordinary fiat currency, every single transaction, the hundred dollars is being diminished by the ongoing brokerage of these centralized and secondary agencies and that your currency, you're sort of over time, you're incrementally being is being confiscated and you're being robbed.
00:17:32.000And it's difficult to quarrel with your centralized.
00:17:38.000And I don't mean to cause your editor problems by talking over you, but unfortunately, I cannot contain myself.
00:17:45.000So in other words, when you have this ability to have people interact without the interference of a state or any intermediary, they're actually transacting in a frictionless manner, which gives them agency in a way that they've never had before.
00:18:00.000So this ends up giving some empowerment to not only the individual, but the collective, because everybody in that organization, that tribe, that group, that community is now focused more on what everyone ultimately would rather be focused on, and that is spirituality.
00:18:18.000So, you know, at the moment, El Salvador is becoming sort of a bastion and as we discussed in the conference, a kind of shining city on the hill for this new form of currency.
00:18:46.000It gives you a little guided tour of all the great things that are happening in Bitcoin country.
00:18:51.000And what we're seeing here, Russell, is the emergence of what are called circular economies, whether it's in Bitcoin Beach or whether it's in Berlin or several other places.
00:18:59.000Communities are seceding from the state.
00:19:01.000They're creating their own communities and they transact, they save and they get paid in Bitcoin.
00:19:06.000It's all in Bitcoin, saving, getting paid, spending.
00:20:01.000And to your point you made earlier about what I was going to talk about, you talked about how credit creation is what you said a moment ago.
00:20:09.000You're absolutely correct in that money right now in the system is created through debt or credit.
00:20:15.000When the bank in the UK, when HSBC loans somebody money to buy a house through a mortgage, that money comes from just simply creating it out of thin air.
00:20:26.000Right now, there's never been more money, fiat money sloshing around the globe than ever before, hundreds and hundreds of trillions of dollars of it.
00:20:32.000And you see what's happening with gold and silver and other commodities are hitting new all-time highs because these governments and these banks can't stop issuing all this debt.
00:20:43.000And that debt just adds to the overall supply of worthless fiat money.
00:20:48.000And against that backdrop, you see the rise of hard assets.
00:20:51.000And gold and silver are certainly catching everyone's attention right now.
00:20:55.000Bitcoin has already been onto this for years and it's soon to make a new all-time high as well.
00:21:01.000Do you think it's possible, plausible, desirable, even inevitable then, that there could be a secession, as you termed it, admittedly in kind of micro economies within El Salvador, of various communities potentially eventually in Confederacy, seceding from their national authority and declaring themselves independent?
00:21:23.000Would Bitcoin be one of the tools by which a community could say, we don't want to be part of the UK anymore.
00:21:31.000We want to be an independent, autonomous community run by direct democracy, trading using Bitcoin and being independent when it comes to, say, fundamentals like food, food production.
00:21:43.000The aim would be autonomy and self-sustenance.
00:21:46.000You know, that other thing you and I share, Max Kaiser, other than, you know, other potential peculiarities and eccentricities is that we both know a little about the 12 traditions.
00:21:57.000And I rather like the idea of boroughs being fully independent, except in matters that affect other boroughs or the Confederacy, let's call it, as a whole.
00:22:08.000Could Bitcoin be used, Max, as a tool to set up independent communities, not just in El Salvador, as you said, although they're likely collegiate with the El Salvadoran government due to the nature of the project you're partaking in.
00:22:21.000In a country that's more adversarial, particularly using your fourth turning analogy there or sort of rubric paradigm, is it possible that we could start to establish communities on that basis using Bitcoin?
00:23:30.000Create an authoritarian top-down dictatorship essentially, and you go into rationing right, you start rationing food and rationing things, and that's how you deal with with a collapse.
00:23:42.000But here now, in the 21st century 2026, we have something that people have never had before and that is unconfiscatable, uncensorable hard money that can only go up in purchasing power.
00:23:53.000So what'll happen, in my view, is that these governments will once again find themselves in too much debt.
00:23:58.000They will once again collapse, but this time we'll have all the money.
00:24:03.000So, instead of the gold being confiscated, the governments will come to us, the bitcoiners, and beg for money, beg for this thing that can keep them going and, of course, we'll say, get lost.
00:24:26.000You'll get additional access to MUG CLUB that's Crowder's gig, Tim Cast that's Tim Pool's racket and Glenn Greenworld's additional content.
00:24:35.000We make content every single week through Rumble because Rumbles support free speech.
00:24:39.000When I was under attack from the British government and the British media, Rumble stood firm, yes, of course, there's crazy people on Rumble.
00:25:11.000I was struck then by the um continuum, the etymological continuum between rationing, rationalism and the evidential connection between rationing and control.
00:25:25.000And to my earlier point about the enlightenment, is it afforded complete human control through technocracy ultimately, but likely in the kind of states we're talking about as being in decline and potential terminal implosion?
00:25:40.000I'll use the Uk as not to offend the uh Americans.
00:25:43.000Uh, that you know, you're all American, everyone else in this conversation and like it seems that the Uk is indeed grooming the population for war, legitimizing advancing uh hostility towards Russia.
00:25:58.000And do you imagine that part of the motivation is as you described in the particular instance of the Uk and Russia max yeah, they're broke, the the Uk is broke and the United States is broke.
00:26:11.000So uh, the United States is trying to buy whole countries to get out of the debt problem that they're in, like Greenland uh, they're trying to tell the central bank to lower interest rates, which is, which is, the absolute opposite thing you should do, because when you have uh, 1.5 trillion dollars a year in interest on your debt and close to 40 trillion dollars worth of debt, what you want to do is raise interest rates to defend the value of your currency by cutting rates.
00:26:37.000They're simply going to extend and pretend they're going to increase the debt load from 40 trillion to 100 trillion.
00:26:43.000So around the world, these countries go into debt.
00:26:45.000Remember, World War II was the result of the reparations Germany had to pay after World War I.
00:26:50.000Well, the America and the UK are facing the same problem.
00:26:53.000They're paying reparations to the banks and the private equity groups that have stolen all the assets and replaced it with debt, right?
00:27:01.000They're off on their yacht in St. Barks on a 300 and 400-foot yacht, but all that money came out of extraction from ongoing enterprises, leaving debt in its wake.
00:27:44.000Do you imagine, Max, that people that popularize these ideas and ideas that have a comparable aim become almost by definition enemies of the interests that you described?
00:27:59.000Because, you know, when you say 40 trillion in debt, 100 trillion in debt, don't you think that most people, and I'd include myself in this, of course, have become inoculated to that stream of zeros.
00:28:09.000You can't even make sense of it anymore.
00:28:12.000I still don't understand why the United States is in debt, why the UK is in debt.
00:28:17.000I understand what you've explained and because of how you've explained it, that money is being generated that's not tethered to any sort of object or solidity or trade or commodity and how that ultimately leads to decline and implosion.
00:28:34.000So do you feel that actually what we're proposing here, aside from El Salvador, a nation that's under Bikali, embraced this ideal as well as so many other initiatives?
00:28:45.000Do you feel that it's actually rather a menacing idea when it comes to real power?
00:28:52.000Look, I mean, for people who are glazed over when you talk about tens of trillions and hundreds of trillions of dollars and how that would impact their day-to-day life, I have only one thing to say.
00:29:05.000When you go to Tesco today, is the basket of stuff you're buying there more expensive today than it was a year ago or five years ago?
00:29:16.000That's where the rubber hits the road.
00:29:18.000You don't have to think about hundreds of trillions of dollars worth of debt.
00:29:21.000Just understand that the reason you have inflation, the reason inflation is wiping out the middle class, the reason why basic foodstuffs are becoming unaffordable or housing is completely unaffordable in the UK.
00:29:58.000They don't count anything that's going up in price that people actually use because they lie, because they're protecting the bankers, because it's a Ponzi scheme, because they're corrupt, because it's fraud, right?
00:30:08.000So as if anyone's watched Kaiser report for 13 years, they know what's coming if I continue on this vector.
00:30:21.000So, okay, that's really, really interesting and important.
00:30:25.000The UK housing crisis, inflation and poverty are as a result of exactly the problems and attitudes and behaviors and actions that you've described.
00:30:39.000You know, in the UK, in the left side of the government, in the left-wing government, they'll say that the problem is that not we're printing too much money, but that we need to allocate where that money goes more efficiently.
00:30:52.000We don't want to give the money to social program A.
00:30:54.000We want to give it to social program B.
00:30:56.000But nowhere in nature is it possible for one entity to hold that kind of sway over the organism.
00:31:03.000The only natural phenomenon where one part of society considers itself the ultimate expert and can dictate policy across the entire organism is cancer.
00:31:52.000They can decide to, I never voted to like, hey, let's print trillions of dollars.
00:31:57.000It's like they can print more money, causing more supply, deflating everything.
00:32:02.000And then everything else doesn't go up in the same way that it, like your wages, it's inflated over twice as much, I think, in real goods over the last year.
00:33:31.000It's really a closed loop system that was, I mean, it's brilliant.
00:33:35.000And like you think about it, like there's only going to be so much.
00:33:40.000So like, and no one, no other organization, you don't have to rely on the goodwill of some organization not to print more because they said they weren't or to be to be fair and just like it's up to the people and it belongs to the people.
00:33:56.000I mean, I guess the only way that Bitcoin would completely lose its value if everyone in the world deemed it unvaluable and would not trade it or if every server would not, you know, be online for Bitcoin to handle transactions.
00:34:37.000Over thousands of years, the best form of money became gold because it was portable, it was fungible, it was divisible, and people valued it and it was scarce.
00:34:45.000And then in 2009, something better than gold came around.
00:36:06.000If you have awareness of Bitcoin, you're already starting to think differently.
00:36:09.000You're thinking about, you're having a positive thought about the future.
00:36:13.000Bitcoin gives you hope because if you own something that you work and you earn and it continuously goes up in purchasing power, you can have hope for the future.
00:36:20.000When you're constantly saving at fiat, money that is guaranteed to lose purchasing power over time, you're very depressed about the future.
00:36:26.000You start to spend your money as fast as you possibly can.
00:36:29.000You spend it recklessly and it's very depressing.
00:36:32.000But here, people understand that Bitcoin is a hope for the future.
00:36:36.000The entire country has a sense of hope, which you don't find in any other country to this extent.
00:36:41.000And as far as just that hockey stick moment that we saw the internet have where it went from 200 or 300 million users to 3 billion users, on that scale, if you overlap Bitcoin with the internet, we're at 1998, 1999.
00:36:56.000That's when the internet at that time then skyrocketed and became ubiquitous.
00:37:00.000I was in Los Angeles during the internet days.
00:37:04.000I remember in Hollywood, executives were really ashamed to send email to one another because they thought it was de-classe.
00:37:11.000They thought it made them look like geeks.
00:37:13.000And they would never put a URL on a billboard because it's too geeky.
00:37:16.000You know, we want to be chic in Hollywood.
00:37:19.000And then the Blair Witch project came out, which was entirely marketed on the internet.
00:37:22.000It made 400, you know, hundreds of millions of dollars with a $60,000 budget.
00:37:27.000And suddenly Hollywood became internet.
00:37:30.000And that was the explosion of internet globally.
00:37:33.000Bitcoin now is at that inflection point where we're months away from going from 300, 400 million users to 3 or 4 billion users.
00:37:43.000So, and don't, you know, you want to get ahead of that curve.
00:37:45.000You want to be positioned ahead of, you don't want to wait for Bitcoin to be three, four or five million dollars a coin and then decide, I guess it's, I guess it's a, I guess people like it.
00:38:19.000Max, why then is there ever any negative decline in its value or fluctuations that are not positive if the tendency and trend you're describing is accurate?
00:38:33.000Because it's the only real price discovery in any commodity that's out there for real.
00:38:38.000In other words, with Bitcoin, you have volatility and guaranteed increase in purchasing power.
00:38:43.000With the US dollar, you have no volatility, but you're guaranteed to lose money.
00:38:49.000So during this period where the globe makes a move from paper money to Bitcoin, of course, it's going to create changes and there's fear.
00:39:02.000People are there's fear mongering and they they and it becomes it goes through it's just volatility, but volatility, in other words, is life.
00:39:10.000You know, the fish, the only fish that doesn't, that is not volatile in the stream is a dead fish, right?
00:39:18.000To mangle that quote, a famous quote that I just mangled, but you get the point.
00:39:22.000Volatility is over any four-year cycle, you've made money.
00:39:29.000If you can hold your shit for four years, you're not going to lose money.
00:39:32.000People who want the thing to be profitable the next day, they're confusing sound investing with gambling.
00:39:39.000And unfortunately, we've got gamblaholics in the world today.
00:39:42.000Any cycle, any four-year cycle, everybody's up over that cycle and they've been compounding money at 50 or 60% a year.
00:39:48.000That's like you're almost doubling every year for 15 years.
00:39:51.000If you your shit for more than a day, it's just a matter of people can't seem to sit still for a few years and let the markets adjust, right?
00:40:02.000If you jinga, if you pull out a block, the whole tower is shaky.
00:40:07.000If you pull out a main, the main support of the world's financial system, which is the US dollar, boom, that jinga tower is going to collapse.
00:40:14.000That means trillions of dollars are slashing around, slushing around in real estate, out of real estate, into stocks, into bonds.
00:40:20.000So it's a very turbulent sea of $400 trillion worth of assets and $2 quadrillion worth of derivatives is the sea of liquidity that is on planet Earth.
00:41:55.000Number two, his performance is not as good as an index fund, where an index fund is just a passive way to just buy every single stock in the S ⁇ P 500.
00:42:06.000It's been averaging a rate of return higher than Warren Buffett over the years.
00:42:10.000And Warren got into famous battles with John Bogle over at Vanguard, who created the index fund and talking about this for years and years.
00:42:20.000So the math doesn't support their contention that the returns generated by what they're suggesting are competitive with Bitcoin, number one.
00:42:31.000And that's after, that's before tax and before inflation.
00:42:34.000If you take an index fund after tax and after inflation, you're talking about not even beating a money market rate of return.
00:42:39.000You do better by just being in a municipal bond where you're not taxed or a money market.
00:42:45.000They're not competitive in any sense of the word.
00:42:47.000I mean, Warren Buffett over 30, 40 years amassed a large fortune by essentially buying into companies that had.
00:42:59.000a very clear, like Coca-Cola, when the Berlin Wall fell down, he thought to himself, you know what?
00:43:05.000I bet there's going to be more Coca-Cola sold now that this Berlin Wall came down.
00:43:09.000That was his entire investment thesis.
00:43:10.000So he bought a lot of, bought a lot of Coca-Cola and held it for 20 or 30 years.
00:43:14.000The key to Warren Buffett is that he held on his positions for 20 or 30 years at a clip.
00:43:18.000He wasn't trading or gambling in and out of it.
00:43:21.000And if you do that with stocks, you're going to do well.
00:43:23.000If you do it with Bitcoin, you're going to do incredibly well.
00:43:25.000Obviously, since Stacey first talked about Bitcoin, Bitcoin is up something like 30 million percent.
00:43:33.000Hey, can you tell us when you and Stacey, your partner there, went from not, can you tell me what it was like your own personal epiphany of having it described?
00:43:45.000Because presumably there was a moment.
00:43:48.000I know you don't like the phrase cryptocurrency, digital currency, whatever is your preferred jargon.
00:43:52.000Can you tell me when you went from not knowing about this?
00:43:55.000Because I know you're a financial expert anyway, to hearing about it and what your mental process was of, wait a minute, this is fucking brilliant.
00:44:06.000Well, there's two answers to the question.
00:44:08.000So Kaiser report, we were covering gold for years because it's an international program.
00:44:13.000And by covering gold, you're talking about international money.
00:44:16.000So we could talk about finance and economics in every single country in the world because everyone in those countries knows something about gold.
00:44:21.000So it became a global sensation, the Kaiser report, dubbed into Spanish and other languages, number one finance show in the world for over a decade.
00:44:28.000And then the second point is that when I first heard about Bitcoin, it was introduced to me from Stacey, who told me that, hey, this sounds like what you were doing in Los Angeles, which it kind of is.
00:44:38.000So in Los Angeles, when I was CEO and founder of the Hollywood Stock Exchange, I have a patent on a virtual currency, patent number 5950176.
00:44:47.000It's the first patented virtual currency and prediction market in the world.
00:44:51.000It was later sold to Canterfitzgerald in 2001.
00:44:54.000So I already knew about virtual currencies from the gaming environment of the internet in the 90s when I was the CEO of Hollywood Stock Exchange.
00:45:01.000I mean, Bitcoin in a lot of ways is a gaming currency that escaped the game and became an invasive species.
00:45:07.000The problem with the gaming currencies of that era, of course, is that they're all centralized.
00:45:11.000The Hollywood dollar as part of the game that I invented couldn't be traded on the Forex market because we were in control of the Hollywood dollars.
00:45:55.000The dollar is losing world reserve currency status.
00:45:57.000That's another reason why you see a lot of warmongering out of the White House in Washington, D.C., because they need to find a way to shore up their business model since their under fundamental currency unit is collapsing in world trade.
00:46:12.000A lot of them are moving into Bitcoin.
00:46:14.000So that's how I got, that's when I saw that Bitcoin was essentially similar to my invention from 1996, but had solved the centralization problem by being decentralized.
00:46:25.000I mean, that was when the penny dropped.
00:46:26.000And I'm like, oh, wow, you know, that's, they solved the problem.
00:46:50.000So the key thing for you is you understood them kind of gaming currencies, which were, in a sense, parallel currencies with the same potential flaws of any currency.
00:47:00.000And then when the problem of centralization was solved, which I'm sure I'm assuming is a kind of a technical problem that you can't really explain to me.
00:47:09.000But once the problem of centralization versus decentralization was resolved, you had a kind of a eureka.
00:47:16.000Oh my God, this is a potentially unstoppable force.
00:47:19.000And so then you were kind of apprised when all of the various phases of discrediting it, laughing at it, saying it was corrupt, saying it was environmentally undersound, saying paedophiles would use it, saying it was a rapist, saying it was a racist.
00:47:34.000When all those things happened, you were like, no, no, no, this is because it's going to work.
00:47:39.000All innovations that change the world face criticism from the entrenched oligopolists or legacy players who don't want any changes, right?
00:47:54.000Paul Krugman, who is the economics editor at the New York Times, referred to the internet as nothing more novel than the fax machine, and it would disappear within two years.
00:48:06.000So people thought that the internet itself would not survive.
00:48:10.000Then they had people who understood that, obviously they become multi-hundred billionaires now, the people at Google and Apple and other companies.
00:48:53.000Jerry, from the second you came on here in that adorable cap, I've been thinking we need to have Max Kaiser on the show like at least like once a week.
00:50:11.000As former health agencies contradict their own past assurances, what does the new civil war within the scientific elite reveal about how deeply politicized COVID and science itself have become and how dangerous that corruption of truth really is?
00:50:26.000A rupture is opening inside the scientific establishment and it is exposing something many people were told never to notice.
00:50:35.000What is unfolding now is not a sudden crisis of credibility but a long delayed reckoning between an old scientific ruling class that demanded obedience during COVID and a new officialdom that is quietly admitting what was once treated as heresy.
00:50:50.000For years, the public was instructed to believe that the science spoke with one voice.
00:50:54.000To question official guidance was framed as ignorance or malice.
00:50:58.000Debate was not merely discouraged, but morally condemned.
00:51:01.000Yet today, the same institutions that enforce that silence are beginning to fracture.
00:51:05.000The U.S. Food and Drug Administration is now investigating deaths potentially linked to COVID-19 vaccines across multiple age groups.
00:51:13.000Former CDC director Dr. Robert Redfield has publicly called for the removal of mRNA COVID vaccines altogether.
00:51:21.000You know, I really would like to see the mRNA vaccine use curtailed.
00:51:26.000And personally, I'd like to see it eliminated.
00:51:28.000All right, because I think there's too many unknowns.
00:51:31.000When I give you an mRNA vaccine, what I do is I turn your body into a spike protein production factory.
00:51:42.000And spike protein is a very immunotoxic protein.
00:52:07.000If vaccines that were described as unequivocally safe are now subject to death investigations, then the story the public was told was at best radically incomplete.
00:52:15.000And at worst, it was deliberately curated to protect authority rather than truth.
00:52:19.000This is where the war inside science becomes visible.
00:52:22.000On one side are figures like Redfield and the regulators now tightening approval standards, responding belatedly to real-world harm signals.
00:52:30.000On the other are the defenders of the old order, such as former FDA vaccine advisor Dr. Paul Offitt, who has condemned stricter federal vaccine approval pathways as dangerous and irresponsible.
00:52:46.000You're always waiting for the other shoe to drop, and it did drop.
00:52:49.000I mean, with the mRNA vaccines, there was myocarditis, which is inflammation of the heart muscle, primarily in boys 16 to 29 years of age, primarily after the second dose, primarily within four days, but generally it was transient and self-resolving.
00:53:04.000That was a very small price to pay, I think, for that vaccine.
00:53:07.000It's a small price to pay for him because he's getting backhanders and royalty checks at the FDA, something that's common practice, I understand, within the various regulatory bodies, actual royalty payments connected to products that they endorse.
00:53:19.000That's even when they don't come out of the FDA and take on a job in a pharmaceutical company, as all these people did.
00:53:25.000I read that list actually when I did that Maha show.
00:53:47.000Paul Offitt, perhaps the most widely quoted defender of vaccine safety, he's gone so far as to say babies can theoretically tolerate, quote, 10,000 vaccines at once.
00:54:02.000It's an outrageous thing for someone to say that a baby can take 10,000 vaccines at once.
00:54:06.000Think of anything that you could do 10,000 of at once.
00:54:09.00010,000 bananas at once would be very, very dangerous.
00:54:12.000You'd start putting them in bodily orifices that are not designed for that.
00:54:16.000It's a ridiculous claim to have made and one that you would probably only make if you benefited financially from babies getting up to 10,000 vaccines at once, which will probably, at the current rate of growth, be the vaccine schedule by about 2030.
00:54:31.000Who wants their baby to be put forward for a 10,000 vaccine theory test for dear old Paul Offitt?
00:54:37.000They call him fuck Offit because that's what he does once he's been paid.
00:54:40.000He holds the patent on an anti-diarrhea vaccine he developed with Merck, Rodotech, which has prevented thousands of hospitalizations in the US.
00:54:48.000When you read how much money I'm making, you're going to shit yourself unless you've taken this up-the-but vaccine from Merck.
00:54:56.000And future royalties for the vaccine were just sold for $182 million cash.
00:55:02.000Dr. Offit's share of vaccine profits unknown.
00:55:05.000The reason that it's unknown is because if you found out about it, it would make you love Dr. Offit so much.
00:55:10.000He'd be in real risk of people taking vaccines that induce diarrhea simply so we could give him that vaccine, then drink his.
00:55:23.000The fact that there's nothing legal about it.
00:55:24.000That's a demonstration of at least one more layer of corruption.
00:55:28.000And the entire legislative system supports and endorses it because it's an interlocked bureaucratic grid that ensures that you will never have any money and they always will.
00:55:37.000The American Academy of Pediatrics, Every Child by Two.
00:55:40.000Every Child by Two, I think, gave away something of their agenda when they named their company Every Child by Two.
00:56:08.000Every Child by Two and Dr. Offit wouldn't agree to interviews, but all told us they're upfront about the money they receive and it doesn't sway their opinions.
00:56:38.000Paul Offit must be thinking, oh my word, 9,950 vaccines to go.
00:56:45.000I don't want to ever go on a long car journey with him as he sings his way through 10,000 child vaccines hanging from, I don't know, a pharmacy shelf.
00:56:54.000Then there is the intervention from another former CDC director, Rochelle Walensky, who recently suggested that if vaccine manufacturers are not protected from liability injuries, they may simply choose not to make vaccines.
00:57:06.000That statement should have detonated public debate.
00:57:08.000Instead, it passed with little scrutiny, but that's pretty crazy.
00:57:11.000If they're only making it for a profit, it tells you what they're up to anyway, even though we all know that's how the pharmaceutical industry is run.
00:57:16.000Don't you see how radical revision is required within the medical institutions that we entrust their health to?
00:57:21.000They need to have a completely different perspective about what they're doing.
00:57:24.000They have to understand what's more that they're supposed to be helping people.
00:57:26.000No one minds people making a profit if what they offer is a valuable product, but the idea that the pursuit of product has become so reified and so elite and so extreme that it sort of doesn't matter if people die as a result of taking your product, that's too far, man.
00:57:41.000The reason that the vaccine schedule is important is because it informs the policy of the Vaccines for Children's program.
00:57:48.000And this is a program that delivers vaccines free of charge to our children who are under and uninsured.
00:57:54.000And the reason that that is so important is because we need population protection, whether or not those children have insurance.
00:58:00.000And it is that program that I think is at risk based on the schedule.
00:58:03.000Let's at least credit Rochelle Walensky for being a kind of gorgeous super villain and apparently aware of it, dressing in Cadbury's purple or as I would have it, late 80s joker purple to really give you a true sense of her bureaucratic anarchic willingness to destroy humanity with a smile.
00:58:23.000We acknowledge that there are true, albeit rare, injuries associated with vaccines and when they are adjudicated, those people should merit some compensation for those injuries.
00:58:37.000In order to keep our both physicians and our manufacturers free of free of responsibility from that she struggled for a minute to say free of responsibility because some central part of her knows vaccine manufacturers are responsible for their products.
00:58:56.000Rare injuries, there is this program that I say humanity coming through there.
00:59:04.000She's not able to finish the job properly because she's like, oh, this isn't right.
00:59:11.000Implies that products generating billions in annual revenue cannot remain viable unless the companies producing them are shielded from the consequences of harm.
00:59:23.000Shows you how radical the changes have to be.
00:59:25.000The contradiction becomes impossible to ignore when Walensky's past statements are revisited.
00:59:29.000In 2021, she said that real-world monitoring finds vaccines are safe for young children.
00:59:36.000Since then, the FDA has acknowledged deaths temporarily associated with COVID vaccination in children and has initiated investigations into those outcomes.
00:59:44.000Why is there such a stark lack of consistency in arguments around healthcare in the United States of America?
00:59:50.000It's generally accepted that it's at least morally dubious to profit from medicine, certainly in the extreme and monopolising ways that's become normalized across US healthcare.
01:00:00.000How come that argument is abandoned when it comes to vaccines?
01:00:04.000That no one makes the argument that profit-driven vaccine models are likely to lead to vaccines being licensed and protected and granted legal indemnity that may be harmful.
01:00:14.000Well, we're seeing the consequences now.
01:00:16.000And due to the kind of clarity available as a result of independent media, we're learning about it and we're learning it quickly.
01:00:22.000And it's inducing change in a variety of areas, perhaps none more clear than this one, precisely because the science has flipped, precisely because you can corroborate arguments that you might have made in 2019 or 2020 about vaccines and social measures used during the pandemic period with new data that actually verifies and underwrites the perspective of dissenters rather than those that were rolling their eyes and shaming people who were called anti-vaxxers with like nine X's in the middle of the word vaxxer.
01:00:53.000Whether causation is ultimately confirmed in every case is beside the point.
01:00:56.000What matters is that the certainty once projected was not justified.
01:00:59.000The claim of settled science collapsed under the weight of reality, which is actually what science does.
01:01:07.000It's the failure of a politicized scientific class that confused authority with truth and consensus with evidence.
01:01:14.000Science advances through skepticism, challenge, revision, conversation, clinical trial, debate.
01:01:19.000Those mechanisms throughout the COVID period were suspended in favor of messaging discipline.
01:01:24.000The result was not clarity, but fragility.
01:01:26.000The moment contradictions emerged, public trust began to rot.
01:01:30.000Naturally, the media sits at the center of this crisis.
01:01:33.000News outlets are now forced to report official findings acknowledging that vaccines can cause heart damage, particularly in younger populations.
01:01:41.000At the same time, those very outlets continue to run glowing nostalgic stories about the triumph of the COVID vaccine five years on.
01:01:59.000The pharmaceutical industry is one of the largest advertising forces in American media in 2024 alone.
01:02:04.000Drug companies spent 10.1 billion on prescription drug advertising across television, print and digital platforms.
01:02:10.000The financial relationship obviously doesn't require this financial relationship, doesn't require explicit censorship, that would be ridiculous.
01:02:17.000It creates an atmosphere where certain questions are softened, certain voices elevated and certain conclusions delayed.
01:02:22.000What we're witnessing now is not anti-science backlash.
01:02:25.000It's a belated demand for scientific integrity.
01:02:28.000The public's not rejecting evidence, it's rejecting the idea that evidence should be filtered through political necessity and corporate protection before it's shared.
01:02:35.000The war between the old and the new, scientific ruling classes reveals a dangerous truth.
01:02:40.000When science becomes a tool of governance rather than a method of inquiry, it stops serving the public and starts managing it.
01:02:46.000COVID did not create this problem, it exposed it.
01:02:50.000If science is to regain trust, it must be separated from propaganda, liability shields, and media capture.
01:03:48.000If you're a 12-step person, or if you're in recovery, or if you're interested in recovery, or you know someone that needs to be in recovery, please join us for that because we're all recovering from something.
01:03:58.000We're all trying to recover the person we were intended to be, i.e., after the fall, all of us live in sin.
01:04:06.000Sin is the state that precedes the action, not the action itself.
01:04:11.000Our Lord and Saviour takes the consequences of sin upon himself, making it possible for us to return, to recover, to become the person we were intended to be in the image of our Maker.