Triggered - Donald Trump Jr - Bitboy Crypto's Ben Armstrong Takes You Inside the Collapse of FTX | TRIGGERED Ep. 30

00:00:00.000 you you

00:00:04.000 you guys Thursday May 4th and welcome to another episode of

00:00:38.000 triggered Thanks for tuning in. I really appreciate you guys.

00:00:41.000 If you can, like, share these videos so other people can see it, so it stays up high in the algorithm.

00:00:48.000 Give it a like, pass it on to your friends, make sure they do it.

00:00:51.000 This episode's gonna be cool because we're gonna do something a little bit different.

00:00:54.000 We're gonna have...

00:00:55.000 Founder, the founder of BitBoy Crypto, Ben Armstrong, and we're going to learn about all things crypto.

00:01:01.000 People want to understand it.

00:01:03.000 Not an easy one to break into.

00:01:05.000 And you have someone that's literally one of the earliest adapters out there.

00:01:10.000 Someone who was on the inside of the collapse of FTX, calling it out, wondering what was going on.

00:01:16.000 Someone who saw that coming.

00:01:19.000 So I think you'll learn a lot.

00:01:20.000 I think you'll really like it.

00:01:22.000 I think it's a different approach.

00:01:23.000 I think it's something that a lot of The guys that follow me, libertarian and conservative, want to understand cryptocurrencies and everything.

00:01:31.000 So I think this will be a really cool one.

00:01:32.000 Ben Armstrong, awesome dude.

00:01:34.000 Very outspoken, very loud and vocal.

00:01:38.000 My kind of guy. I think you'll learn a lot.

00:01:40.000 And I think it'll be a really cool episode to figure out something that's probably perhaps a little bit out of the scope of everything that we do here on a daily basis.

00:01:49.000 So I think you'll like it. But before we get that, we got to get to a developing story from the Republican Congress.

00:01:54.000 According to the House Oversight Committee Chairman James Comer and Senator Chuck Grassley, a whistleblower.

00:02:02.000 A whistleblower.

00:02:03.000 Now the Democrats love whistleblowers.

00:02:06.000 I have a feeling they're not going to like this one.

00:02:08.000 When it's a whistleblower to the stuff that the Democrats are doing magically, they are not the most special people in the world.

00:02:14.000 It's only when it's a whistleblower against conservatives, against Donald Trump, that they are to be loved.

00:02:20.000 They are to be protected.

00:02:21.000 They are beyond reproach.

00:02:24.000 These guys, James Comer and Senator Chuck Grassley, have a whistleblower alleging that the FBI and the Justice Department have a document that describes a criminal scheme involving then Vice President Joe Biden and a foreign national relating to the exchange of money for policy decisions.

00:02:47.000 I am shocked, folks.

00:02:49.000 I am shocked. So in other words, they have evidence of a bribe and more corruption from Joe Biden.

00:02:55.000 I cannot believe it.

00:02:57.000 I thought he was angelic.

00:03:00.000 I thought that Hunter Biden got a billion-dollar investment from a Chinese state-controlled, essentially, entity.

00:03:10.000 I thought a billion dollars, right?

00:03:12.000 Like, to a crackhead.

00:03:14.000 Yes, China does a lot of investing with crackheads.

00:03:17.000 Russian oligarchs, Ukrainian oil companies, all had him on the payroll because of the value that he brings, right? 0.99

00:03:26.000 A crack addict, drug addict, serial sicko. 0.94

00:03:32.000 Yes, they had him on the payroll because of the expertise that he brought, not Not corruption. 0.95

00:03:40.000 There's no way they would trade that, his employment, money, etc., for policy decisions and influence in Washington, D.C. That would never happen.

00:03:53.000 Because of course that's what's been happening, folks.

00:03:56.000 Like, there's literally no other explanation that Hunter Biden would get any of these things, right?

00:04:01.000 It's insane.

00:04:03.000 So add that to what we already know about the IRS whistleblower who says the investigation into Hunter is being plagued by interference and bias to protect the Biden family.

00:04:13.000 Now, maybe they'll do something about the tax stuff to hide the bigger picture, but I think we're getting to the bigger picture now.

00:04:20.000 I'll bet. I'll bet you guys a lot.

00:04:22.000 They'll do a little something on the little things to make the bigger stuff go away.

00:04:26.000 But we gotta make sure we see this all the way through for each and every one of the things that's happening.

00:04:34.000 Of course, this corruption has been staring us right in the face.

00:04:38.000 But the media, as usual, big tech, big social, etc., They continue to deny reality, or they know it's the truth, but they also know they control all the methods for you to actually see it, for the American people to realize what's going on.

00:04:55.000 That's why programs like this A couple others are important because we'll actually talk about these things to large audiences.

00:05:03.000 Again, why you need a like, share, all this stuff so other people can see it.

00:05:09.000 Guys, the delusions hitting us right in the face.

00:05:12.000 They're trying to make this stuff go away and pretend it's not happening because it's disgusting that it is.

00:05:19.000 And now you have yet another whistleblower talking about it.

00:05:25.000 Guys, the delusions, as we've discussed, are disgusting.

00:05:28.000 And they want them to go away.

00:05:30.000 They pretend that they're not real.

00:05:32.000 But just look at this next story about gas stoves in New York State.

00:05:35.000 Remember just a few months ago when liberals got on their soapboxes after stuff leaked about them wanting to ban gas stoves.

00:05:43.000 And they were telling you that you're crazy to think they're going to ban gas stoves.

00:05:47.000 Even though the Biden administration made it clear that they wanted to do just that.

00:05:52.000 Just so we... Can take a little trip down memory lane.

00:05:56.000 Let's watch MSNBC's resident shrill host, Stephanie Ruhl, mock, mock you or me for concerns about the plans to ban gas stoves. 1.00

00:06:09.000 Apparently, and according to this MSDNC expert, it's all a lie.

00:06:14.000 She tells us very clearly.

00:06:16.000 Watch. The Consumer Product Safety Commission is deciding on whether to ban gas stoves totally because of safety.

00:06:24.000 Safety? We've had these stoves for over 100 years.

00:06:28.000 It's totally fine to give fentanyl to addicts, but a gas stove is a threat to your life?

00:06:32.000 Right. So naturally, they decided gas-powered stoves, racist and have to go. 0.99

00:06:38.000 First Lady Joe Biden getting roasted online for this photo of her cooking on the very thing that the administration was looking to ban. 0.63

00:06:44.000 You can't make that up.

00:06:47.000 No, you can make stuff up.

00:06:49.000 And that's what they're doing there all day long.

00:06:52.000 So the last thing before we go tonight, all about gaslighting.

00:06:55.000 If you watched Fox News in the last 24 hours, you might think that the US government is coming for your gas stove. 0.94

00:07:03.000 That is a new and absolutely ridiculous one.

00:07:06.000 So for facts sake, let's get to the bottom. 0.97

00:07:08.000 Remember folks, you're nuts to think that they want to come for your gas stoves, right? 0.97

00:07:14.000 Just like you're nuts to think They don't want to come for your guns, right? 0.98

00:07:19.000 No, no, no. They just want to, you know, we just want to get rid of, you know, the pistol brace.

00:07:24.000 Maybe AR-15s.

00:07:27.000 Then you're a hunting shotgun.

00:07:29.000 Then... Everything, okay?

00:07:32.000 It's always a death by a thousand cuts.

00:07:35.000 They tell you, it's not really happening.

00:07:37.000 We don't really want to do that.

00:07:39.000 Then they get the little win.

00:07:40.000 They get another little win.

00:07:42.000 They get another little win. And one day you're going to wake up with no rights whatsoever, right?

00:07:48.000 You're nuts to think they're going to come after your gas stove.

00:07:51.000 This isn't happening, folks.

00:07:53.000 No way. But actually it is.

00:07:56.000 New York just became the first state to ban natural gas stoves.

00:08:01.000 And within the next seven years, new buildings will need to have all-electric cooking.

00:08:06.000 Gas stoves will not be allowed.

00:08:08.000 Watch! Just like we had to go from a long time ago to transition from coal as your energy source.

00:08:16.000 We do have to transition.

00:08:17.000 There are clean energy alternatives.

00:08:19.000 It's going to take time.

00:08:21.000 And I want to make sure that New Yorkers don't get hit hard for the cost.

00:08:25.000 So we're going to roll this out.

00:08:26.000 But new buildings that are going up, they can go electric, they can do heat pumps.

00:08:30.000 This is how you transition.

00:08:33.000 Okay. Remember, this was all a figment of your imagination, but it's not.

00:08:36.000 It just happened a few weeks later.

00:08:38.000 Right? All the conspiracy theories always tend to come true, right?

00:08:43.000 This is what they're doing. Now, of course, we don't have the ability to get rid of natural gas because our power grid isn't strong enough.

00:08:50.000 We don't want to use nuclear.

00:08:52.000 We don't want to do that.

00:08:53.000 We're going to just magically make it up with solar and wind.

00:08:57.000 Solar's been the next big thing for the last 35 years, but they got it this time, folks.

00:09:02.000 Wind is killing whales and all sorts of stuff, creating disasters, killing birds all over the place.

00:09:09.000 But, you know, when you really need electricity, what...

00:09:12.000 What's missing? Usually wind, when it's really hot and you're really stressing the grid, that's what's missing.

00:09:19.000 This is a classic liberal tactic.

00:09:22.000 They deny something that is happening and then they celebrate it when it happens.

00:09:27.000 They shout, oh, no, no, no, for example, right?

00:09:30.000 Schools aren't teaching critical race theory.

00:09:32.000 They would never do that.

00:09:33.000 It has nothing to do with the curriculum.

00:09:35.000 But when Republicans then try to ban critical race theory from the classrooms, Liberals say that teaching that white people are racist is a must.

00:09:46.000 It is a must in every curriculum.

00:09:49.000 They can't help themselves, folks. 0.94

00:09:52.000 Liberals are dishonest, okay? 1.00

00:09:55.000 They're dishonest snakes, and they'll keep doing this. 0.98

00:09:58.000 Meanwhile, Joe Biden, speaking of dishonesty, his weakness has led to two separate oil tankers being seized by Iran in the past week. 0.93

00:10:09.000 Iran, the world's leading state sponsor of terror. 0.99

00:10:14.000 Someone that... We don't want to do business with, but now we actually have to get oil and gas from because we stopped producing it ourselves because Joe Biden's an idiot and he doesn't mind getting rid of American energy independence. 0.97

00:10:26.000 Clearly doesn't mind crushing good, hard-working American jobs and labor. 0.95

00:10:33.000 Certainly not the national security benefits that come along with being energy independent.

00:10:38.000 Certainly not helping gas prices, right?

00:10:40.000 Another conspiracy theory.

00:10:42.000 We're not trying to destroy that, but We're going to Iran for that, but Iran is now capturing foreign vessels.

00:10:48.000 They did so on Wednesday.

00:10:50.000 This is the second ship that's been captured by Iran in a week.

00:10:54.000 The Niovi, an oil tank, are flying a Panamanian flag was passing through the Straits of Hormuz when it was overtaken by Iran's navy.

00:11:02.000 Check it out. Guys, another seizure happened last week off the Marshall Islands where it flagged an oil tanker.

00:11:45.000 The tanker advantage suite was leaving Kuwait en route to Houston.

00:11:50.000 There's a dramatic video of Iranian troops rappelling from a helicopter onto the vessel.

00:11:55.000 Okay, remember when President Trump, like, was in charge?

00:12:14.000 You notice how this stuff didn't happen?

00:12:16.000 Because we exhibited peace through strength.

00:12:21.000 We were not to be trifled with.

00:12:23.000 People didn't mess with America because they knew we had resolve.

00:12:28.000 We had spirit.

00:12:30.000 We had guts.

00:12:32.000 We had everything that's missing from Joe Biden and the Democrat agenda.

00:12:37.000 Okay? When Iran was thinking of attacking US soldiers, we took out their top general with a missile through the face. 0.63

00:12:44.000 Okay? Biden, on the other hand, is so weak that Iran, Iran, again, the world's leading state sponsor of terror, feels so emboldened as to engage in piracy. 0.62

00:12:58.000 They don't even care because they look at Joe Biden and it just encourages their aggression, right?

00:13:06.000 That's the nature of nature of predation, folks.

00:13:09.000 You see weakness in nature.

00:13:12.000 And they prey on it, right?

00:13:13.000 That's what wolves do. 0.98

00:13:14.000 That's what hyenas do, jackals. 0.98

00:13:17.000 When they see weakling, weaklings like Joe Biden, they attack.

00:13:21.000 They pounce. We are putting this on ourselves by having weak and incompetent leaders, okay? 0.99

00:13:29.000 Everything about this administration is weak and everything is inept. 0.99

00:13:34.000 They can't even explain how they're $50 trillion. 0.98

00:13:38.000 You can't even make this stuff up.

00:13:40.000 Climate plan will reduce global warming.

00:13:44.000 Just watch this grilling from Senator John Kennedy against a Biden official on Capitol Hill this week.

00:13:51.000 Yeah, but if you could answer my question, if we spend $50 trillion to become carbon neutral in the United States of America by 2050.

00:14:02.000 You're the Deputy Secretary of Energy.

00:14:04.000 Give me your estimate of how much that is going to reduce world temperatures.

00:14:09.000 So first of all, it's a net cost.

00:14:11.000 It's what benefits we're having from getting our act together and reducing all of those climate benefits.

00:14:16.000 Let me ask again. Maybe I'm not being clear.

00:14:21.000 If we spent $50 trillion to become carbon neutral by 2050 in the United States of America, how much is that going to reduce world temperatures?

00:14:31.000 This is a global problem.

00:14:33.000 So we need to reduce our emissions and we need to do everything we can.

00:14:36.000 How much, if we do our part, is it going to reduce world temperatures?

00:14:38.000 So we're 13% of global emissions right now.

00:14:41.000 You don't know, do you? You don't know, do you?

00:14:44.000 You can do the math. You don't know, do you, Mr.

00:14:47.000 Secretary? So we're 13% of global emissions.

00:14:49.000 If you know, why won't you tell me?

00:14:51.000 If we went to zero, that would be 13%.

00:14:53.000 You don't know, do you?

00:14:54.000 You just want us to spend $50 trillion and you don't have the slightest idea Whether it's going to reduce world temperatures.

00:15:04.000 Guys, the point of these Green New Deal plans has nothing to do with helping the planet, okay?

00:15:11.000 If they wanted to help the planet, they wouldn't support wild mills, again, that are killing whales or electric vehicles that require extensive mining.

00:15:20.000 In China or Africa by slave labor in, let's just call it, slightly less than environmental conditions, right?

00:15:28.000 Far worse than if we were drilling in America under our regulations with actual environmental oversight.

00:15:35.000 No, no, no. It's done by child slave labor in third world countries under totally non-humanitarian conditions. 0.86

00:15:44.000 And that doesn't matter, right?

00:15:47.000 The point of the Green New Deal initiatives is to funnel money from taxpayers like yourselves to left-wing nonprofits and to decrease the quality of your life while making them rich and giving them power.

00:16:02.000 There's nothing else to it, folks, because otherwise it doesn't make any sense whatsoever.

00:16:10.000 And guys, there's another big issue that we need to talk about more.

00:16:13.000 Artificial intelligence.

00:16:15.000 Jeffrey Hinton, also known as the, quote, sort of, godfather of AI, artificial intelligence, he recently quit his job at Google Over concerns about the risks associated with artificial intelligence.

00:16:29.000 He says, and I quote, it's hard to see how you can prevent the bad actors from using it for bad things.

00:16:36.000 He told that to the New York Times.

00:16:38.000 AI has grown very powerful in just the past few years.

00:16:42.000 Most of us are finding out about it just in the last few months.

00:16:46.000 But it's hard to imagine bad actors not manipulating.

00:16:50.000 Now, the problem, obviously, is if America stops doing it, you think the Chinese will? 1.00

00:16:54.000 No, they're going to keep going.

00:16:56.000 So there's a little bit of a catch-22 in all of this.

00:16:59.000 But AI has grown very powerful in the last few years.

00:17:03.000 You can have ChatGBT now write a convincing episode of Seinfeld in a matter of seconds.

00:17:11.000 What will it be capable of in a couple of years?

00:17:13.000 Dr. Hinton noted that he used to think that the idea that AI will be smarter than people would be way off, but obviously he no longer thinks that.

00:17:24.000 I mean, think of the jobs that were replaced.

00:17:25.000 Maybe they could replace the media real quickly, just running off some nonsense because anyone can do a better job than what our media does, so maybe they're going to have to learn to code.

00:17:36.000 But I think Elon Musk used the analogy, you know, when we build a highway, right, and there's an ant colony in the way, there could be a billion ants there.

00:17:47.000 But like, they're ants, right?

00:17:48.000 We don't really think about it.

00:17:50.000 We're not going to move the road to get around the ants.

00:17:53.000 We're just going to build right over it.

00:17:55.000 Imagine for a second, if you will, that we're the ants and AI is in charge.

00:18:02.000 What's going to happen?

00:18:05.000 It's not that far off.

00:18:08.000 You've seen the advances literally in the last few weeks, in the last few months.

00:18:13.000 It's so exponential.

00:18:15.000 What will it be able to do in years?

00:18:17.000 And when do we become obsolete?

00:18:18.000 I think we've seen this movie before, folks.

00:18:20.000 It's called The Terminator. It doesn't work out well.

00:18:25.000 Man, it feels like we could definitely be in the way in the not too distant future.

00:18:30.000 But unfortunately, as long as our enemies are going to be using it, which they will, we probably also still have to be prepared.

00:18:37.000 So we have to find that happy medium to make sure we can take care of ourselves, that we don't get subjugated to the Chinese who are definitely going to be running with AI full bore to take over the world. 1.00

00:18:49.000 And now finally, guys, in shocking, shocking medical news, You're going to want to sit down for this because it's scary.

00:18:59.000 The geniuses at Harvard Medical School figured out that men are at risk of prostate cancer.

00:19:09.000 The headlines this week from health.harvard.edu says, Prostate cancer in transgender women.

00:19:17.000 What do we know about the risk?

00:19:20.000 A new paper investigates.

00:19:22.000 Guys, it's amazing that Harvard researchers need to conduct studies to come to the conclusion that men are at risk of prostate cancer.

00:19:33.000 Women are not, because I don't believe they have a prostate. 1.00

00:19:38.000 Now, I am not a doctor.

00:19:40.000 But apparently I stayed at a Holiday Inn Express last night, so I understand basic biology.

00:19:47.000 I wonder what these geniuses will come up with next.

00:19:51.000 If we keep lying to ourselves, if we keep pretending that biological men are magically women, we too can waste millions in research dollars, spend and divert time and energy that could be used towards maybe actually curing prostate cancer or perhaps Breast cancer or ovarian cancer in women, which perhaps I had imagined that even trans women also don't get. 0.56

00:20:18.000 Now, again, I am not a genius Harvard Medical School doctor, but I believe that biological men who identify as women and call themselves women are probably not at risk of ovarian cancer.

00:20:33.000 Now, my only evidence of this And again, I'm going out there on a limb.

00:20:40.000 I'm risking it, making scientific conclusions, hypotheses based on what I know.

00:20:46.000 But my only evidence of that is that biological men don't have ovaries.

00:20:55.000 Shocking. Shocking, folks.

00:20:58.000 What will these brilliant minds come up with next?

00:21:02.000 All right. So...

00:21:04.000 Well, kidding aside, and not really kidding, before I get to Ben Armstrong, I want to make sure to thank our brave sponsors. 0.99

00:21:12.000 Because again, even if I am out there calling the idiots at Harvard Medical School idiots for thinking that somehow calling yourself a woman, even if you're a biological male, would avert the risk of prostate cancer. 0.98

00:21:27.000 Or if you're a biological male that thinks they're female, that you would maybe... 1.00

00:21:34.000 Not have to worry about ovarian cancer.

00:21:36.000 I understand there's some risks associated with that.

00:21:38.000 Even though at any other point in our history, that would be totally common sense and 100% logical.

00:21:44.000 So I do want to make sure we thank our brave sponsors.

00:21:49.000 Number one, Gold Co.

00:21:50.000 Guys. We see the decisions that are being made.

00:21:53.000 You see how disastrous they are.

00:21:56.000 We understand gold and silver can help protect your retirement savings from inflation, dollar devaluation, forced ESG from your retirement account managers, all of that nonsense.

00:22:10.000 I just want you to be prepared.

00:22:11.000 I also want you to support the companies who support you instead of supporting the woke companies that hate you.

00:22:17.000 So go check out the folks at GoldCo by going to DonJrGold.com.

00:22:22.000 That's D-O-N-J-R Gold.com.

00:22:25.000 Learn how to protect your retirement savings again.

00:22:28.000 Guys, in the last month, we've seen like three major banks collapse.

00:22:33.000 We see the volatility at a stock market.

00:22:36.000 We see interest rates and inflation going through the roof.

00:22:39.000 It is not a promising prospect.

00:22:42.000 Pay attention.

00:22:44.000 Protect yourselves.

00:22:46.000 Just hear them out.

00:22:47.000 You don't have to do anything.

00:22:48.000 Just hear them out. Go to donjrgold.com and learn from yourself about what to do to protect yourself, your retirement savings, your family's well-being.

00:23:02.000 Just hear it out. You don't have to do anything.

00:23:04.000 If you think you may want to diversify a little bit, if you think you may want to hedge, probably a good idea.

00:23:09.000 Again, donjrgold.com.

00:23:12.000 Also, check out the folks at Patriot Mobile.

00:23:16.000 These guys are friends of mine.

00:23:18.000 These are guys that literally have funded some of the anti-woke stuff in their area in Dallas, Fort Worth, in that area where they are based.

00:23:26.000 They literally funded some of the The school board votes to be able to get conservative parents who represent the average area in the district on their local school boards and overthrow the radical leftists.

00:23:42.000 They've been attacked by the big media guys as being radical for doing that.

00:23:48.000 Check out Patriot Mobile, guys.

00:23:50.000 You're going to have a cell phone in your pocket, okay?

00:23:52.000 You're going to have one.

00:23:54.000 You might as well do it and give it to a company that supports what you believe in and a company that puts their money where their mouth is.

00:24:01.000 A company that gives back to the causes that we believe in.

00:24:05.000 Protecting the First Amendment, protecting the Second Amendment, our brave first responders.

00:24:10.000 They do this sort of stuff.

00:24:12.000 Again, they were funding these school board battles to make sure that the kids in their area, and I'm sure they'll do it elsewhere, We're good to go.

00:24:33.000 Okay? You're going to get free activation with that.

00:24:35.000 But again, you're going to have a cell phone.

00:24:37.000 Have a cell phone with a company that gives you the same services as the other providers, but cares about you, shares your values, and gives back to the causes that you actually believe in.

00:24:48.000 So check out patriotmobile.com slash John Jr.

00:24:51.000 Now, we're going to go to Ben Armstrong, and we're going to learn about crypto.

00:24:55.000 It's going to be awesome. Thanks so much, guys.

00:25:00.000 Welcome to another episode of Trigger.

00:25:02.000 This one's going to be fun because we have Ben Armstrong, sort of real early adapter crypto guy, talking about everything that is crypto.

00:25:13.000 I mean, this is going to be a little bit of a tutorial getting people up to speed.

00:25:16.000 I'm sure we'll go plenty of places.

00:25:17.000 I don't even want this one to be political, but the nature of it is because government is cracking down so hard on anything that You know, puts a threat to the sort of hegemony they've had over currency and the control associated therewith.

00:25:33.000 So, Ben is the founder of BitBoyCrypto.com.

00:25:37.000 Started investing in Bitcoin in 2012.

00:25:40.000 Yeah, 2012. I mean, before probably anyone had even heard of crypto and Bitcoin.

00:25:45.000 So, tell us a little bit about that, Ben.

00:25:46.000 I mean, I'm going to assume...

00:25:49.000 Plenty of the people watching, just given the nature of sort of the conservative slash libertarian crowd, probably has an understanding, but there's probably a lot of people that have no idea.

00:25:59.000 They see the pitfalls in the media, but I think they're also watching this because they're rightfully skeptical of the media and the narrative that turns out to never be accurate, but serves its purpose at the time.

00:26:11.000 Well, I think one thing is what I try to do is I try to show people the truth.

00:26:16.000 Like, I try to get outside of the media narratives.

00:26:18.000 Because at this point, if you don't understand that everything the media is telling you is wrong, then you don't have a brain.

00:26:24.000 And I would assume all the people watching you right now, they have a brain.

00:26:28.000 And they can see what's happening.

00:26:30.000 You know, there has been a lot of backlash against crypto.

00:26:33.000 And I think when you go back to 2012, when I first got into Bitcoin, a lot of people that were getting in at that time, they were using what was called Silk Road.

00:26:41.000 Silk Road was an anonymous drug marketplace.

00:26:45.000 Now, I got into it, not through that, but through having to buy Bitcoin to purchase a software that I needed.

00:26:53.000 And a guy who owned the software I used for Craigslist, posting ads, I used to have a ticket business, and that's what I did.

00:26:59.000 He got sued, and he couldn't come to America to answer the charges from Ukraine.

00:27:05.000 And they shut his payment processors down.

00:27:07.000 And so he had to try to figure out some other way to get paid.

00:27:09.000 And so that's how I got into it. 0.91

00:27:13.000 The Silk Road narrative for Bitcoin, where people were buying drugs, you know, somebody was, you know, 30 Bitcoins for some shrooms, they gotta feel real dumb right now.

00:27:21.000 Yeah, I mean, you hear about those transactions, you know, I saw something that was like, you know, 1,000 Bitcoins for a pizza.

00:27:27.000 10,000. 10,000, was it?

00:27:29.000 Yeah, that's right, 10,000. Yeah, and so even at today, even today where we're at, about 18,000?

00:27:35.000 We're back up to 30, right?

00:27:37.000 So we got down to 18, and we're probably about 28, 30.

00:27:40.000 Still a big deal. Certainly a big deal relative to 75, which would have been a peak, right?

00:27:45.000 75,000. Yeah.

00:27:47.000 Get a lot of pizza for that. A lot of pizza.

00:27:49.000 A lot of pizza for that. But, you know, a lot of people don't know the guy, Laszlo, who was the guy that spent—that was the first Bitcoin transaction.

00:27:56.000 To pay for a service or a good was the Bitcoin pizzas.

00:28:00.000 They're from Papa John's, two pepperonis, 10,000 Bitcoin.

00:28:03.000 You know, but he's doing okay.

00:28:05.000 That guy Lazlo. I'm sure he had plenty of other Bitcoin.

00:28:07.000 He had plenty of other Bitcoin. I think people, it's not one of those sad stories about people that were mining Bitcoin early on and, you know, lost their keys or whatever the case may be and trying to like, guys paying $150,000 to have somebody come excavate the landfill to try to find- Those are the things.

00:28:20.000 For the average person, if they want to invest in that, if they're looking and they're scared of what's going on in the economy right now, that is intimidating.

00:28:28.000 I see it myself.

00:28:30.000 I'm a real estate guy, so I've always done better investing in things that I fundamentally know really well as opposed to speculating.

00:28:36.000 When people see those articles, he's got his hard drive that's right here in his desk, but he forgot his password and he has $220 million in it.

00:28:46.000 And one more attempt.

00:28:48.000 Man, that's intimidating for a lot of people.

00:28:51.000 Yeah, I understand that, but when you look at the Bitcoin supply, so Bitcoin supply, the total ever is going to be $21 million.

00:28:57.000 Bitcoin mining is how you bring those into the supply.

00:29:00.000 The last Bitcoin will not be mined until 2140, so about 117 years from now.

00:29:06.000 Now, Bitcoin mining has gotten to a place where it's very highly sophisticated and things like that, but it's not like people today are just going to have $220 million that they can't find.

00:29:17.000 Four million Bitcoin is the approximate number that is in the total supply.

00:29:23.000 I think about 19.6 million, somewhere around there right now.

00:29:27.000 But yet, it'll never be moved because it's lost.

00:29:30.000 But those are all people that were mining Bitcoin very early on.

00:29:34.000 And so they were doing it with a laptop.

00:29:36.000 And it's not like they had a lot of money into it.

00:29:38.000 It's just they probably forgot about it.

00:29:40.000 Or they accumulated something from nothing, right?

00:29:42.000 I mean, like you said, you got 10,000 Bitcoin for a pizza today.

00:29:45.000 That's worth... Hundreds of millions of dollars.

00:29:48.000 Oh yeah, oh yeah. Depending on how you, yeah, easily hundreds of millions of dollars.

00:29:51.000 It is. Now, so with that though, I mean, you obviously have sort of actually having the Bitcoin on like a hard disk or whatever it may be, and you have it sort of owning it through an exchange.

00:30:01.000 Yeah. Talk about the differences for the average people that are, again, looking to speculate.

00:30:05.000 Because if you look at the stock market today, I mean, everything seems like it's pretty risky.

00:30:11.000 Yeah, I mean, look at what happened with First Republic Bank.

00:30:13.000 You know, one of the biggest red candles we've ever seen in history, right?

00:30:16.000 The bank stocks are failing.

00:30:18.000 Stocks everywhere are, you know, not across every sector, but especially in the banking sector, very questionable.

00:30:24.000 But the thing is, Is that, you know, when it comes to, you know, storage, we call it custodianship.

00:30:31.000 And we've got a phrase, not your keys, not your crypto.

00:30:34.000 That's a very important phrase for people to understand.

00:30:36.000 Because when people first get in, they're going to come in through an exchange.

00:30:39.000 It was like Coinbase or Robinhood, something like that.

00:30:42.000 And they're going to buy it, and they're just going to let it sit on that exchange.

00:30:45.000 Well, what we've seen is, through the FTX debacle, the Celsius debacle, that if these exchanges go down, You lose your money.

00:30:52.000 It's not really yours. So, like, on Coinbase, you can send it off of Coinbase, and so you own it from that perspective, but if it's still on Coinbase and Coinbase were to go down, then you're in trouble.

00:31:03.000 So we have a couple different ways you can custody your Bitcoin.

00:31:07.000 Basically, there's a really archaic way called paper Wallets, where it's just a QR code on a piece of paper, and that's how you access your wallet.

00:31:17.000 But it's still protected, I guess, through the blockchain, so that is your QR code unless someone else...

00:31:21.000 Right. You can scan it. Yeah, absolutely.

00:31:23.000 So, you want to keep that thing under, you know, super, super, you know, watchful eye.

00:31:28.000 It's like, it's like Dumb and Dumber, like that, that IOU, that small angle.

00:31:31.000 Oh, yeah. You're going to want to hold on to that one.

00:31:33.000 Yeah. I loved that movie when I was a kid.

00:31:35.000 It was my favorite movie. One of the best. Yeah.

00:31:37.000 But, you know, we have cold storage and then we have, you know, hot wallets, right?

00:31:43.000 Cold storage is a device, so it's a USB. Ledger is one of the most popular ones, Ledger and Trezor.

00:31:49.000 And what happens is, is when it's plugged into your device or plugged into your computer, You're active on the blockchain and you can move the crypto around.

00:31:57.000 As soon as you unplug it, it's called cold storage because it's frozen.

00:32:00.000 Like, nobody can touch that.

00:32:01.000 You can't move it. You've got to reconnect it again.

00:32:04.000 So cutting off the connection to the internet, that's what we call cold storage.

00:32:07.000 And so that's not necessarily password protected.

00:32:09.000 Because, I mean, I think one of the people and people I talk to every day, they're like, well, listen, I'd probably give it a chance at some of these numbers.

00:32:17.000 Because you can do fractional Bitcoin.

00:32:19.000 You don't have to buy $30,000 worth.

00:32:21.000 You can buy $1,000 worth.

00:32:22.000 $10 worth. But everyone I know has problems with their password.

00:32:28.000 No one wants to use sort of the You know, the Microsoft Authenticators and all that.

00:32:32.000 I mean, it's like, you know, by the time you remember the password of that and you get the password of the password of the password, no one knows what the hell is going on.

00:32:38.000 So that is literally just, it's almost like just cache, but unpassword protected.

00:32:43.000 You plug it in and you're on and you're...

00:32:45.000 Well, you still have to have, you have a password for your device, but it's much simpler than the complicated private keys.

00:32:51.000 So for your device, you basically would have, I believe it's an eight-digit, I mean, touch mine in a while.

00:32:56.000 It's all in cold storage. You know, I think it's an eight-digit number that you got to put in, and it's kind of like on your phone, right?

00:33:02.000 You have a four or six-digit number.

00:33:03.000 This is an eight-digit number, and it will unlock the device, and then you can get in and you can move stuff around.

00:33:10.000 Ledger has a platform called Ledger Live, which is where you would actually move, go into the system of Ledger to move your crypto around through your Ledger.

00:33:19.000 So it's not quite the same thing as cash, but But, you know, we also have hot wallets.

00:33:24.000 Like, hot wallets are apps or desktop platforms that are connected to the internet.

00:33:30.000 They stay connected to the internet.

00:33:32.000 And you own your private keys for that.

00:33:34.000 So, trust wallet, Coinbase wallet.

00:33:37.000 It's important for people to understand, like, Yeah, but that's like having a banking app on your phone, essentially, right?

00:33:42.000 No, it's not, actually.

00:33:44.000 It's not, because having Coinbase on your phone, that is like having a banking app.

00:33:49.000 Having Coinbase Wallet is a different app.

00:33:51.000 It's not the same thing.

00:33:53.000 And so with the Coinbase Wallet, you own your private keys.

00:33:56.000 And so Coinbase can't come in and touch your crypto.

00:33:58.000 On the Coinbase app itself, they can.

00:34:02.000 And they're trading, they're functioning like a bank.

00:34:04.000 I mean, using, just taking those reserve currencies, putting a multiple on it, and speculating.

00:34:11.000 I mean, they're basically gambling with your money as the backup, just like the banking system is, and that's why we're seeing a collapse like Credit Suisse, like Silicon Valley Bank, all in the last couple of weeks.

00:34:22.000 Signature bank. That was my bank.

00:34:24.000 That's who I banked with. That was my answer to when BB&T, before they became Truist, they closed all my accounts back in 2020.

00:34:31.000 I've been with them for 20 years because of crypto.

00:34:34.000 And so I did a Coinbase wire from Coinbase.

00:34:37.000 I bought a house. It was like $150,000.

00:34:39.000 And I transferred it. It all went okay.

00:34:41.000 And then three months later, they closed all my accounts.

00:34:44.000 So why attack you for doing that?

00:34:46.000 And I've dealt with this, you know, people who watch this show understand, you know, I dealt with it last month where I had literally a news aggregation app called MXM News, where you just take all of the news, aggregate it.

00:34:57.000 Not creating news, not making fake news, but allowing people to see everything.

00:35:01.000 And we had PNC Bank Just, well, they sent us a cashier check.

00:35:05.000 We didn't even know it. My partner in deal looked at our operating account to see, you know, just the business operating account, and it was like, we had like, you know, 750 grand in there to run the business.

00:35:13.000 And he goes, there's nothing in the account.

00:35:15.000 I'm like, well, that's a problem that we get hacked or whatever it was.

00:35:18.000 And that was conventional banking. Turns out we call them, oh, no, we just don't want to do business with you anymore.

00:35:22.000 And like, they didn't even, you know, they broke up with us without even telling us.

00:35:27.000 And so they did that because...

00:35:29.000 They viewed the crypto that you were doing as a threat.

00:35:32.000 What was the precipice for that?

00:35:35.000 Yeah, well, they wanted to know where every single dollar came from.

00:35:38.000 Basically, they asked us for super unrealistic expectations of what we could provide.

00:35:43.000 And then we were told our account was going to be frozen until we were able to provide that much down the road.

00:35:47.000 And they told you it was going to take three, six months.

00:35:49.000 That was our business account we were paying employees out of.

00:35:51.000 And so, what you learn is that this banking system is a joke.

00:35:56.000 It's an absolute joke.

00:35:58.000 When you look at the world banking, one of my favorite numbers that came out over the last two months is that in the entire world banking system, there's supposed to be $22 trillion worth of money in the banks.

00:36:09.000 Do you know how much is actually in the banks?

00:36:11.000 It's significantly less than that.

00:36:14.000 1%. $220 billion.

00:36:15.000 So they're leveraging 100x.

00:36:17.000 100x. Absolutely. And that's very dangerous.

00:36:19.000 I may do it sometimes, but it's very dangerous.

00:36:22.000 But, yeah, so the basis was a joke, and I don't have an answer.

00:36:26.000 They never gave us an answer for exactly why it was, but I can tell you, I then went to a credit union, and I have a credit union account, and I was like, well, you know, let's move the business account here.

00:36:34.000 So I went to the credit union. They denied me because my email address had crypto in it.

00:36:40.000 So even, I mean, and I think most people think of credit unions much less leveraged.

00:36:44.000 Yeah. Much less risky.

00:36:45.000 So almost many get one-to-one, really.

00:36:48.000 And even they had a problem with it.

00:36:50.000 Oh, yeah. Oh, yeah. So it's just one of these things where, you know, everybody that's in the banking system that's powerful, they see what's coming.

00:36:58.000 They understand, like, crypto is a better system.

00:37:01.000 Well, they're fighting for their lives, right?

00:37:02.000 For their lives, absolutely. You see, and that's the problem I think so many of our viewers are facing, which is they love the idea of crypto.

00:37:08.000 They love the sort of, you know, the, well, I guess it depends on how you want to view it, right?

00:37:13.000 Transparency or lack thereof, so not everyone's looking into all of your business.

00:37:17.000 And yet, you see as governments starting to talk about their own digital cryptos.

00:37:20.000 They're on digital currencies, and all of this, it's like all of the things that made it unique and appealing to people like yourself, people like myself, although it's clear, I'm a total noob when it comes to this, but again, I'm interested.

00:37:33.000 I gotta learn the game, and I think so many people need that primer to kind of figure out exactly what's going on, but it feels like everything that the government now is doing to insert themselves is actually pulling all of the things that would actually make it attractive to the people for all the obvious reasons.

00:37:48.000 Well, not necessarily. Because when you look at CBDCs, Central Bank Digital Currencies, and I would say, I'm going to shamelessly plug my book, Catching Up to Crypto, that we wrote that book to be the primer for people.

00:38:00.000 It's a very simple read.

00:38:01.000 It's only like 150, 170 pages worth of content.

00:38:05.000 Audiobooks are going to be coming out next month.

00:38:06.000 And I'm not saying that to show my book.

00:38:08.000 I'm just saying this is the reason this was written is because I'm in my second decade in crypto now.

00:38:13.000 I'm in my 11th year of crypto.

00:38:15.000 And so I was able to take my experience from everything I've been through and be able to apply that to the audience.

00:38:20.000 It's got great reviews. And so if anybody's looking for a good place to start, like, that's when we wrote the book to say, this is where you start.

00:38:26.000 Get it at the usual suspects?

00:38:27.000 Yeah, of course. Amazon, Barnes& Noble, the whole thing.

00:38:29.000 Wiley Publishing was our publishing company.

00:38:31.000 You know, top financial publishing company in the world.

00:38:34.000 So, really excited about that.

00:38:36.000 But going back to your question with CBDC, Central Bank Digital Currencies, right?

00:38:41.000 These are... Basically, a continuation of the fiat system that we already have.

00:38:46.000 Except for, you can actually spend cash today, and nobody knows where you spend it, but with CBDCs, they're gonna know where you spend every single dollar.

00:38:53.000 Well, that's what I'm talking about, in terms of the attractiveness.

00:38:56.000 It's like, I don't need the government in every transaction I have.

00:38:58.000 I mean, you see the weaponization, 87,000 new IRS agents.

00:39:04.000 They're going to watch your Venmo transaction so that it's $601 more.

00:39:10.000 Because there's not enough billionaires for them to be auditing with that many armed agents.

00:39:14.000 So they're going after every possible transaction, getting involved in every aspect of our lives.

00:39:19.000 I don't know that I trust Or have much faith in, you know, the institutions that are going to monitor a $601 transaction for me, $33 trillion in debt, managed to lose $220 billion from the Pentagon budget, and it's like, oh, well, that's okay. They're worried about my $600 transaction, but they can't control $220 billion.

00:39:39.000 Like, you know, better details.

00:39:40.000 They're paying for fines for money laundering built into their budgets.

00:39:45.000 It's crazy. Like, all that happens when they get in trouble is they just get a slap on the wrist and they pay, you know, some millions of dollars and they get out of it.

00:39:52.000 You know, in some cases, you know, I think if you look at Deutsche Bank, I mean, they've had some really expensive fines for money laundering.

00:39:58.000 It reminds me a lot of the supplement business.

00:40:01.000 If you've ever seen, you know, some of the documentaries on supplements and the way the FDA works, is somehow the supplements were able to have some kind of lawsuit to where You don't have to check to see if all the ingredients are good unless somebody dies.

00:40:16.000 So if you go to GNC and you get some random stuff from there and then you die that was never protected and it's only after you die that someone would file a lawsuit on your behalf and then they go after the supplements.

00:40:27.000 So it reminds me a little bit of maybe the FDA as well and in other things over the last couple of years.

00:40:32.000 Oh yeah. But it's the same thing, right?

00:40:34.000 It's like, we didn't have to actually test it.

00:40:37.000 We're going to say it's good. We have total immunity.

00:40:39.000 Yeah, and that's kind of what you see, you know, kind of a similar mindset when it comes to the way that, you know, crypto is regulated or the lack thereof and the way that, you know, things are sketchy out there.

00:40:53.000 Like, there's a lot of sketchy stuff going on with the banks.

00:40:56.000 And when it comes to the supplement thing, it's like the banks are doing the same thing where they're building.

00:41:03.000 So in the supplement business, the companies build into their budgets having to pay for lawsuits.

00:41:08.000 Yeah. They build it in because they know that somebody's gonna get sick, somebody's gonna get hurt, and then later they just go in, they pay for it from the budget.

00:41:16.000 That's what the banks do. It's the same exact thing.

00:41:18.000 It's like they know they're money laundering, they don't get held accountable.

00:41:22.000 When they get caught publicly, They've got to come, you know, the SEC works with them to make sure that they, you know, say their apology and pay their fine and they move on.

00:41:30.000 And it's just the dirtiest business in the world.

00:41:32.000 And I think that that's why people have to understand that CBDCs and stable coins, which are coins that are pegged to an asset, most likely to a dollar in USDC's case, is that this is not crypto, right?

00:41:47.000 Crypto is about decentralization.

00:41:49.000 It's about things that are permissionless.

00:41:50.000 It's about things that are open source.

00:41:52.000 That's the antithesis.

00:41:54.000 Now, when we do get a digital dollar in America, which will probably come at some point, it will be a CBDC, then what that means is that's a walking, flashing neon sign for Bitcoin, right?

00:42:06.000 As those come in, people understand the permission, the controls, the surveillance.

00:42:10.000 That's what it is. It's going to be surveillance.

00:42:11.000 They want to know everything. That's not crypto.

00:42:15.000 And like the markets, you look at them and you compare them.

00:42:17.000 I imagine that adds a lot of weight towards your decision to put your money in a Bitcoin or perhaps one of the other crypto forms.

00:42:26.000 Talk about that. What are the differences between Bitcoin, Ethereum, some of the other...

00:42:31.000 You hear about the shit coins and all of that. 0.90

00:42:35.000 Talk about those differences, because where's the stability? 0.97

00:42:40.000 Where's it become a lot more speculative for people who are looking to do that?

00:42:44.000 Well, the speculation's in the meme coins.

00:42:46.000 Your Dogecoin, your Shiba, plenty of other ones out there.

00:42:51.000 Right now, there's one that somebody made, Gensler.

00:42:54.000 After Gary Gensler. And it's called Good Gensler.

00:42:58.000 And so I'm invested in that, by the way.

00:43:00.000 I don't want to not disclose that, but it's just a joke, right?

00:43:04.000 And that's pure speculation.

00:43:05.000 You can ride those up, make money with them.

00:43:07.000 I think it's really funny to make money in crypto off of Gary Gensler, which I really love.

00:43:11.000 Yeah, the irony is sort of, it's worth a couple of bucks to, The meme coins are speculation because they don't have any utility.

00:43:17.000 They don't do anything.

00:43:19.000 It's just a community of people that agree to buy something.

00:43:21.000 They hype it up. It's kind of what's wrong with crypto in a lot of senses, but yet people made a lot of money with it and continue to make a lot of money with it.

00:43:28.000 So it's like you've got to find the validity there for those people.

00:43:32.000 Well, I mean, yeah. There's a pyramid scheme element to it, right?

00:43:34.000 It's like the meme stocks, right?

00:43:36.000 It's like, hey, we're going to make a meme about something.

00:43:38.000 Blockbuster video. It's coming back.

00:43:40.000 Yeah. You know, maybe for a little while, you know, but you don't want to be the last guy buying it.

00:43:45.000 100%. And that's what it, like, you would never invest in a meme coin for the long term.

00:43:49.000 It doesn't make any sense. You just want to get in.

00:43:50.000 If the price goes up, get out.

00:43:52.000 You know, right there. Now, when you actually are looking at crypto projects like Ethereum or Cardano or XRP, you know, these are projects that have utility in the future, I mean, there's utility now with Ethereum and some other things.

00:44:06.000 Of course, XRP has a big lawsuit going on.

00:44:09.000 We represent the XRP army because they're anti-Gary Gensler and anti-SEC, which we love.

00:44:15.000 The SEC is a joke.

00:44:16.000 We'll get more into that in a little bit.

00:44:19.000 I think that Ethereum is a decentralized smart contract platform.

00:44:24.000 So, you kind of look at it like, you know, the way that America Online was when it first came out, right?

00:44:30.000 We got on the internet, and when I was a kid, I thought, That America Online was the internet.

00:44:37.000 I didn't know there was a thing outside of that, right?

00:44:38.000 Yes, exactly. Right.

00:44:40.000 So, I didn't know you could type in web addresses.

00:44:42.000 Like, I would just go log into AOL, and then there were chat rooms, and then there were, you know, sports message boards and video game stuff, and that's where you would go.

00:44:50.000 Well, you kind of think of Ethereum, or what we call Layer 2 Projects, Or, excuse me.

00:44:58.000 Smart contract platforms, layer ones.

00:45:00.000 You kind of think of them almost as like America Online.

00:45:02.000 They live in a place in the internet.

00:45:05.000 It's decentralized. But anything you want to do on that platform, you do within the platform.

00:45:10.000 You can't really do things outside of the platform.

00:45:12.000 So it's like little subsets kind of of the internet that work in a decentralized fashion.

00:45:16.000 Which means that there are so many computers out there that are running this software.

00:45:20.000 There's not one central point of failure.

00:45:21.000 And they all contain the same information.

00:45:23.000 And that's kind of the thing that ties this together.

00:45:27.000 Everybody's got to have the right information from the blockchain or else the network doesn't keep running.

00:45:31.000 So that takes away the need for, we call it trustlessness.

00:45:34.000 Like, you don't have to trust that what it's telling you is true because every computer on the network is telling you it's true.

00:45:40.000 And so you also got coins like XRP that are working to change the banking system.

00:45:44.000 XRP is a coin that You know, what they're trying to do is make it to where they can do international cross-border payments much faster.

00:45:54.000 So Bitcoin and XRP are both what we know as networks of value.

00:45:59.000 So SWIFT system that runs the Bainey system right now, the international transfers, cross-border payments, It's a network of information.

00:46:07.000 So when something is happening on the SWIFT system, somebody's got to come in on the back end and do all the work.

00:46:13.000 So if you're dealing with time differences and everything else, like you would in an international transaction, that creates the headache.

00:46:18.000 Or the time lag, really.

00:46:20.000 Well, it's five to seven days is how long it takes for these things to actually settle.

00:46:24.000 With XRP, it settles in 30 seconds because it's a network of value.

00:46:27.000 You're literally sending the value through that network.

00:46:30.000 Like, if I want to send you a payment on Venmo, Let's say about all the people are in the middle of that transaction.

00:46:36.000 So I go to my phone, pull up Venmo.

00:46:38.000 So there's Venmo. They're right there on the front.

00:46:40.000 They're going to be the first person. And then you find the person you want to spend money to and you send them the money.

00:46:44.000 It's going to go through your bank, through your credit card processing company that, you know, for that transaction.

00:46:51.000 And then it's got to go to the other person who's got to receive it in their Venmo.

00:46:54.000 And then it's got to go through the same process.

00:46:57.000 So you're looking at about five, six entities in the middle of every transaction.

00:47:00.000 If I want to send you Bitcoin, We're good to go.

00:47:19.000 Absolutely. And that's what we're fighting against.

00:47:21.000 For almost no value. No value.

00:47:23.000 I mean, all of it can be automated like that.

00:47:25.000 And that's why they're fighting for their lives.

00:47:27.000 Because they're trying to explain like, no, you do need us.

00:47:30.000 I promise. I promise. I remember I went and spoke in 2019 at an event for college students at, I think it was UCF. And, you know, there was a guy that stood up in the back and he's like, now look, I don't buy any of this crypto stuff.

00:47:45.000 You know, I'm way against it, blah, blah, blah.

00:47:47.000 I said, sir, what do you do? Well, I own a credit card processing company.

00:47:51.000 Like, yeah, obviously.

00:47:54.000 Like, this is a new system that— what you'll find with crypto is the further we get into it, people are going to see it solves all the problems with our current financial system are solved.

00:48:02.000 It has some other problems, of course, with people getting hacked.

00:48:05.000 You have to remember your passwords. But I think, you know, in crypto, there's this phrase people say a lot like, we're in the Wild West of crypto.

00:48:12.000 No, guys, we're still in the Wild West of the internet.

00:48:14.000 Like, that's what people have to understand.

00:48:16.000 When you look back... When you think of even just what's going on in AI, in like the last two weeks...

00:48:21.000 It's crazy. I mean, it's...

00:48:23.000 You're right. And it feels like, you know, I've been on the internet now for 20 years.

00:48:27.000 I must be really... It's like, no, man, I don't know anything.

00:48:29.000 When an eight-year-old can pick up their phone and look at porn, it's broken.

00:48:32.000 It hasn't been... That's the Wild West, is the fact that anybody can access anything on the internet...

00:48:40.000 No matter how old they are. And this is something that blockchain fixes too, you know, as well, is digital identity verification to where your phone is hooked up to your identity, so that way, I know there's some scary aspects of that, but that way, they know that your kid is nine.

00:48:56.000 They know that your kid, when he picks up his phone, he's nine years old, and it automatically prevents from going to certain places.

00:49:02.000 Talk about the blockchain a little bit.

00:49:05.000 Again, as a neophyte looking on the outside, you hear about it as every aspect.

00:49:09.000 It's involved in everything.

00:49:12.000 But break it down. What exactly is it?

00:49:14.000 How does it function? How is it sort of this infallible?

00:49:18.000 At least it's made out to be that way by the people.

00:49:21.000 How is that possible?

00:49:23.000 Well, we're just used to central points of failure.

00:49:25.000 So we're used to having...

00:49:27.000 And when you think about this, like, it's shocking to people.

00:49:31.000 I think it's going to be really shocking on how much trust you've given places that don't deserve it, right?

00:49:36.000 Oh, yeah. Well, listen, I see it every day because, I mean, one of my big things is, like, you know, all of the social companies obviously have a big presence, big platforms.

00:49:43.000 Like, there's no doubt.

00:49:44.000 They're looking at everyone's information at all times.

00:49:47.000 They're selling it to the highest bidder.

00:49:48.000 There's, you know, Google probably being the worst offender.

00:49:50.000 There's a reason they're a multi-trillion dollar company.

00:49:52.000 Absolutely. You know, you don't even probably want to know what they know about you.

00:49:57.000 No. And what they're doing with it, which is probably much worse.

00:49:59.000 Exactly. But we've gotten used to the point where we just trust those people and what they say and the records that they show you.

00:50:05.000 Like, for instance, in your bank account, when they show you your bank account, they show how much money is there.

00:50:10.000 That money ain't there. Go try to withdraw it tomorrow.

00:50:13.000 When we want to withdraw $5,000 of cash, it takes a week from Bank of America.

00:50:19.000 Like, it's crazy the, you know, lack of cash, but yet, that's what it shows in your account.

00:50:24.000 Now, with the blockchain, the blockchain is a ledger, basically.

00:50:27.000 That's what it is. It's a ledger of transactions that, you know, For eternity, basically.

00:50:33.000 Like, from the beginning of the blockchain, from the beginning of Bitcoin, every transaction that has ever occurred on Bitcoin is on that ledger.

00:50:39.000 Now, when it comes to like the trustlessness that I was talking about before, it's because it's done in a decentralized way.

00:50:46.000 So the ledger is what the blockchain is, but then the infrastructure of how blockchain runs is through everybody that's on the network.

00:50:55.000 So every computer, we call them nodes, every computer that is on the blockchain network or on the Bitcoin network, for instance, it has that ledger within it, right?

00:51:04.000 Well, every other computer on the network has it as well.

00:51:09.000 So if I were to, let's say, want to do a fraudulent transaction or try to show like, hey, this transaction occurred so I can get paid back or, you know, what we call a double-spin transaction where the same transaction occurs multiple times on the blockchain, I'm not a nerd.

00:51:23.000 That may not be the exact definition, but the point is that it would immediately be seen because every computer on the network- Literally every other node is a check and balance to the fraudulent transaction.

00:51:36.000 Yes, absolutely. So you can't have one bad actor.

00:51:38.000 To take over the network, you'd have to do what we call a 51% attack, which would be where more than half- Of the nodes on the network all contrived together to create fraudulent transactions.

00:51:50.000 With Bitcoin, that's impossible now because the network is so big and it's so secure that there's not enough money in the world almost to try to make that happen.

00:51:59.000 Not even like a bad actor, like a state.

00:52:01.000 You hear about the Russian bot farms and the Chinese are hacking the Pentagon, but But they—that's more—that's less protected than this would be in your mind?

00:52:11.000 Absolutely. Yeah, absolutely, because when you're attacking the Pentagon, you're attacking a system that has centralized points of failure.

00:52:18.000 Bitcoin doesn't have that.

00:52:19.000 And so, you know, I love altcoins.

00:52:21.000 Like, I love Ethereum. I love Cardano.

00:52:23.000 I love XRP, ICP, HBAR, Algorand.

00:52:25.000 Like, these are all coins that I really like.

00:52:27.000 Polygon as well. But when it comes to—I'm investing in all those just for disclosure purposes.

00:52:32.000 But those are the coins that we really like.

00:52:34.000 Like, I love altcoins. A lot of people see me as the Bitcoin maximalists.

00:52:39.000 They're the most evil people in the world. 0.94

00:52:41.000 I hate the Bitcoin maximalists. 0.99

00:52:42.000 What does that mean?

00:52:43.000 A Bitcoin maximalist is someone who only supports Bitcoin and will not give even Ethereum to them as a scam.

00:52:51.000 Everything that's not Bitcoin is a scam.

00:52:53.000 It's like the very people that set out to kind of change the world And say, like, hey, let's give people freedom to choose.

00:53:00.000 Like, now they're, like, the same.

00:53:02.000 They're like, no, if you don't choose Bitcoin, you're wrong!

00:53:05.000 Are they just doing that to protect their asset?

00:53:07.000 Is that like a pump and dump, basically?

00:53:09.000 They're pumping something to keep that value up there?

00:53:11.000 because if you're less centralized towards one currency, I mean, it's sort of like what's

00:53:17.000 going on right now in the currency wars right now, right?

00:53:21.000 The petrodollar has been the gold standard and now people, rightfully so, our administration

00:53:26.000 is not necessarily paying attention.

00:53:27.000 And this is a sort of a conflict I'd love you to talk about, which is like, the petrodollar

00:53:32.000 has allowed America to be as prosperous as it is because we basically are borrowing money

00:53:37.000 that we don't actually have, but it's essentially backed by everything that's in the ground

00:53:43.000 all over the world.

00:53:43.000 Once you lose that reserve currency status.

00:53:46.000 Yeah. You lose that ability to borrow.

00:53:48.000 Now, I know there is a component sort of within the crypto world where they're like, you know, stop talking about the strength of the U.S. dollar.

00:53:54.000 But, like, if you lose the U.S. dollar as that sort of preeminent world currency, there's a big ramification to the U.S. economy as well, which I think we still, even certainly crypto people in the U.S. still benefit from a strong U.S. economy, even if they may not be a fan of the U.S. dollar.

00:54:11.000 But I don't know, how do you have it both ways?

00:54:13.000 Well, I think this is very important because when your dad came out and made the statements about Bitcoin that he made, of course, I criticize him heavily for that because I'm Bitcoin.

00:54:23.000 That's my livelihood. I think it came from a fundamental misunderstanding at the time of thinking you can't be pro-dollar Pro-Bitcoin and pro-America.

00:54:33.000 And that's not true. I'm all three of those things.

00:54:36.000 And it's one of these things where as the dollar goes down in value, obviously the value of Bitcoin is going to go up based on US dollars, just like anything else with inflation.

00:54:47.000 However, if we lose the reserve currency, we're screwed in America.

00:54:51.000 Oh, like, well, by the way, it may be a mixed blessing.

00:54:55.000 Our economy will get a tank, but at least we won't be funding like Drag Queen Story Hour because we won't have any money to fund anything.

00:55:01.000 Yeah. Maybe we solve some of the disasters that have managed to become government-funded things, which I don't know why they'd be government-funded at all.

00:55:10.000 But no, I mean, it's overall really bad.

00:55:13.000 Now, I don't know if it's as bad as racking up $33 trillion in debt, that we also have no real way of paying back while simultaneously shutting down our own energy sector, becoming dependent on our enemies.

00:55:25.000 But if the GDP is growing, that debt number doesn't matter as much.

00:55:30.000 When the GDP stops growing and we start getting stagnant, that's when the debt number starts becoming something you can't avoid.

00:55:37.000 But the debt number is growing more rapidly than the GDP number.

00:55:41.000 Yeah. So you're always sort of shrinking whatever buffer you had, right?

00:55:44.000 And that buffer is what, you know, a couple bad weeks, a couple bad job reports.

00:55:49.000 That collapses, and so does everything else.

00:55:52.000 Yeah, absolutely.

00:55:54.000 I think people worrying so much about the debt, we should be more worried about the economy, in my opinion.

00:56:00.000 Yeah, you can outgrow it, but it doesn't seem like we're doing anything to actually do that.

00:56:04.000 Well, of course, because I don't know if you've seen the guy running the country right now.

00:56:09.000 He has no idea what he's doing.

00:56:11.000 It's always been hyperbole.

00:56:13.000 They're like, oh, whoever's the president, he's not really the president.

00:56:16.000 Dick Cheney was really the president, or Hillary was really the president.

00:56:19.000 No, this guy really ain't the president.

00:56:21.000 There's no way. And if he actually was, you know, it's like when they're like, well, they fired truth and rest.

00:56:25.000 I mean, you mean Obama fired truth and rest this week, or last week, whatever.

00:56:30.000 It's crazy because, you know, you wouldn't allow...

00:56:34.000 Joe Biden to run, like, a fast food store.

00:56:37.000 No. You wouldn't allow him to drive your children to school.

00:56:41.000 Heck no! You wouldn't give him the keys to- Maybe Hunter's with him, you know?

00:56:46.000 Exactly. And again, I always make clear, like, I understand that I am not the upstanding human being that Hunter Biden is.

00:56:53.000 Yeah. But that's exactly the point.

00:56:55.000 You see the hypocrisy.

00:56:57.000 You see the protections. You saw last week, they're giving him the note card.

00:57:01.000 This is the person from the LA Times, and this is the question they'll be asking you.

00:57:05.000 It probably has an earpiece in I mean, we're living the Wizard of Oz.

00:57:11.000 Who's the man behind the curtain?

00:57:13.000 Or a woman, because I don't want to be a misogynist, so we've got to make sure we cover both bases.

00:57:18.000 Or, maybe they're neither, I don't know.

00:57:20.000 But the point is, when you look at one of the hearings that Gary Gensler testified at, Elizabeth Warren asked a lot of tough questions.

00:57:27.000 We call Elizabeth Warren the banking broad. 0.60

00:57:29.000 Because she pretends that she's for the people and against the banks, but really, she's a direct line between the banks and the SEC. Get into detail on that, because I've done that a couple times where I'm reading Twitter, I'm like, wow, I'm actually, I sort of agree with what she's saying here, but what's the backstory to that?

00:57:45.000 Because I know- Go look at her donors.

00:57:46.000 Go look at her donors. She's against a big corporation. 1.00

00:57:48.000 She's against billionaires. Look at— We're doing a big expose video on her soon. 1.00

00:57:52.000 But look at her background. 0.99

00:57:54.000 She was an attorney that represented billionaires.

00:57:57.000 That's what she was before she got into politics. 1.00

00:57:59.000 Always a registered Republican until she got into politics, you know?

00:58:03.000 So somebody that's just fake is a day as long.

00:58:05.000 And, you know, she's on this, like, anti-crypto crusade.

00:58:08.000 Well, Look at her donors. 1.00

00:58:10.000 All of her top donors are Amazon, Google or Alphabet, Apple, Microsoft.

00:58:18.000 It's all the people she pretends to fight.

00:58:19.000 They're the ones funneling their money to her. 1.00

00:58:21.000 So when she's fighting them is when I'm like, oh, wait a minute.

00:58:24.000 How can I actually be?

00:58:25.000 But it's not actually real.

00:58:27.000 And by the way, this is a...

00:58:29.000 The Republicans are guilty of this, too, right?

00:58:31.000 I see plenty of guys, you know, they're gonna take on big tech, and I'm like, well, you're still cashing your Google checks, you're still doing this, and, you know, you talk really good in a hearing, but when it comes time to actually vote, when you see the final legislation, I'm like, well, you know, so you aren't actually for- You can't vote both sides.

00:58:45.000 But they do. And again, our side is...

00:58:48.000 I'm probably much more familiar with our side and how bad an actor they are in that because I'm actually following it more closely.

00:58:53.000 And you see it. They go on late night TV and news and we should be doing this, this, this.

00:58:58.000 But you're like the chairman of the committee that actually has the power to do that.

00:59:01.000 So do it! But they're taking advantage of people who are either, I don't want to say ignorant, because they've got other things going on. 0.77

00:59:08.000 They don't live in that world.

00:59:09.000 They just don't fully understand.

00:59:11.000 They're like, oh, that guy's really fighting for us, but they're not.

00:59:13.000 So, very interesting.

00:59:15.000 I actually went to Washington, D.C. and met with six different offices of Congress about a bill that I had trying to create a digital asset commission in the United States.

00:59:25.000 It's on pause right now.

00:59:26.000 We'll see what happens with it.

00:59:28.000 But, you know, It was very interesting going up there and seeing kind of the way that things are working and what people are scared of.

00:59:36.000 But before I went, I had to go buy a Gucci suit.

00:59:38.000 Sorry, I don't mean to represent Gucci.

00:59:40.000 It was sponsored by Steak.com. But not Gucci.

00:59:43.000 Gucci, if you want to send me free clothes, I will take it.

00:59:46.000 But I went to the Gucci store and I bought a suit to go to Washington with.

00:59:50.000 And the guy that was helping me there at the New York store, his name is Michael.

00:59:54.000 And me and my wife love Michael.

00:59:55.000 He's an awesome guy. Got to know him pretty well.

00:59:58.000 And as we're checking out, I'm talking to him a little bit about what I do.

01:00:03.000 And he says, well, you know, there's somebody out there that's against those banks.

01:00:06.000 Like, who is it?

01:00:07.000 Elizabeth Warren. Yeah. 0.89

01:00:09.000 Bro, you couldn't be more wrong.

01:00:11.000 But again, I read her Twitter feed sometimes where I'll pop in and I'm like, wait a minute, how is she with me on this?

01:00:16.000 Because she's not.

01:00:18.000 And it's all part of the scam.

01:00:20.000 Yeah, absolutely. In addition, also, Sam Bankman-Fried, who is the biggest scammer in the history of the world, his dad, Joseph Bankman, actually worked on tax legislation with Elizabeth Warren.

01:00:33.000 Like, directly, like, three or four years.

01:00:35.000 Yeah, I mean, he makes Madoff seem like small potatoes.

01:00:38.000 So talk about that, because you guys broke.

01:00:40.000 Didn't you guys break sort of the FTX story?

01:00:42.000 Yeah. I mean, not that you're a news agency, but you're sort of like, something's wrong here, right?

01:00:47.000 Talk about how you did that, the entire SBF thing.

01:00:51.000 Now, I understand why it happened and how.

01:00:53.000 I mean, he became the second largest Democrat donor after Soros, so he's protected, in a way.

01:00:59.000 Well, but all that money's got to go back, so is he protected anymore?

01:01:02.000 But notice, the Democrats aren't exactly, no one's clamoring for it.

01:01:06.000 If I was the Republicans, I would do it because it would bankrupt them this cycle if they had to give that money back, but they're gonna do it.

01:01:11.000 Well, the money's gone, it's been spent, it's been, you know.

01:01:14.000 And by the way, the people who invested, even the Democrats who invested in FTX, You know, they ain't getting their money back, in my opinion.

01:01:21.000 We'll see. That ain't coming back, and the dumb donors aren't getting it back, giving it back. 0.99

01:01:27.000 But talk about that, because you saw some of that coming. 0.98

01:01:31.000 And yet, this guy could be meeting with the most powerful people in the world.

01:01:35.000 He can be in the Oval Office.

01:01:36.000 He can be everywhere.

01:01:40.000 Yeah. And yet... So here's what happened.

01:01:42.000 It's a crazy story.

01:01:44.000 See, you're a hunter? Yeah.

01:01:45.000 I'm a big hunter myself. Oh, yeah.

01:01:47.000 We'll have to go sometime. Yeah. I went to Alaska to kill a 60-inch moose.

01:01:51.000 Oh, it's really good. Yeah.

01:01:52.000 We were supposed to go grizzly bear hunting as well, but...

01:01:54.000 We're going to have to exchange pictures later on.

01:01:56.000 Oh, yeah. For sure. That's the stuff that will get me in trouble.

01:01:58.000 Yeah, for sure. With my people.

01:01:59.000 Oh, my God. He's killing animals.

01:02:01.000 I love animals.

01:02:02.000 They're delicious. Yeah. Absolutely.

01:02:04.000 Moose is... Unbelievably good.

01:02:06.000 It's the best game meat in North America, certainly up and native. 0.90

01:02:09.000 Nilgai down in Texas is pretty good, but that's sort of an invasive species, introduced species, but yeah, good stuff.

01:02:15.000 Loose is phenomenal. So what happens is, this is relevant to the story, is that I get ready to go to Alaska on a trip, and right before I go to Alaska, I was going to be gone for two weeks, no internet service.

01:02:26.000 I had actually, we had this bill for a digital asset commission.

01:02:29.000 We were trying to raise funding for it.

01:02:30.000 And so one of my guys, Brian Evans, who is a big guy in crypto, who I love, great friend, he actually told me, he's like, hey, we can send this to FTX for funding.

01:02:42.000 Because he had a connection with Sam and with Brett Harrison, where they had conversed before.

01:02:47.000 He's like, well, let's try to leverage that and see if they'd be willing to fund this.

01:02:51.000 I think it was like $1.6 million we were trying to raise.

01:02:54.000 We sent this over to them, and Brett Harrison responded and said, Hey, yeah, this looks real good.

01:02:59.000 We'll send this over to our department, their regulation department, basically.

01:03:04.000 That was Mark Wetjen, a former guy from the CFTC, I believe.

01:03:11.000 What happens is, we send them the bill, and then I leave.

01:03:15.000 They sat on the bill forever, and they just wouldn't answer after that, after it got sent to their policy department.

01:03:20.000 So, we basically had a couple politicians that we were working with.

01:03:25.000 They're just burying the evidence, or at least stalling it out as long as possible, like, riding it out.

01:03:32.000 Exactly. Well, that's the time that Sam starts really going in and trying to get involved in the regulation of the DCCA, I can't remember what it was.

01:03:42.000 But it was the bill that got killed that was, you know, trying to change stuff in crypto.

01:03:47.000 I can't remember what it's called now. It's so irrelevant.

01:03:49.000 But this is when he really latched onto that.

01:03:52.000 That was the bill that Sam was trying to use as his vehicle to get all the centralized exchange regulations the way that he wanted it because he doesn't care about crypto.

01:04:00.000 He didn't care about decentralized. He just cared about making money and becoming powerful and being able to fund all the, you know, people that he was funding.

01:04:08.000 So I'm going to go ahead and— maybe I shouldn't say this, but I'm going to say it anyways.

01:04:12.000 So we were working with, we were bipartisan.

01:04:15.000 We had supporters on both sides.

01:04:17.000 I won't say who- No, by the way, that's okay.

01:04:19.000 Yeah, of course. And I'll get crap from my people and be like, hey man, sometimes you actually have to deal within the realities of the world.

01:04:25.000 Yeah. And I'd love to say, this is our side and this is the stance, but it doesn't work that way. 0.58

01:04:29.000 It's like business. You don't ever get 100% Of what you want in something.

01:04:34.000 And you have to actually understand that game.

01:04:36.000 And people are like, oh, you sold out.

01:04:37.000 I was like, no, actual progress.

01:04:39.000 This is what the Democrats actually do much better than Republicans.

01:04:42.000 They'll take a 51% win and rack it up and go do it again.

01:04:46.000 And again, and again.

01:04:47.000 And aggregate a bigger pie that they end up with 100% of the win or 99% of what they wanted.

01:04:52.000 We will sit there and be like, we got 99% of what we want. 1.00

01:04:56.000 And we'll be like, we're gonna blow it over the point of, it's stupid. 0.99

01:05:00.000 And it's just not realistic in the world in which we live. 0.99

01:05:03.000 And I try to be pragmatic in that way, but it'll get you in trouble.

01:05:07.000 Even if it's actually moving the needle forward as opposed to ultimately losing Losing ground.

01:05:14.000 Exactly. 100%.

01:05:16.000 That's the way we see this thing works.

01:05:18.000 But what occurs is the Democrat that was working with the lobbying company that we were working with was actually Barbara Boxer.

01:05:26.000 Nobody knows this. I haven't said that publicly ever.

01:05:29.000 It was Barbara Boxer.

01:05:30.000 And so Barbara Boxer calls Mark Wedgen.

01:05:35.000 And says, what is the deal? Why are you all sitting on this bill?

01:05:37.000 We need answers. Like, what is going on here?

01:05:40.000 And he tells her that not only are they not going to be funding our bill, but also they were going to try to steal her to support what they were doing now.

01:05:49.000 Interesting. They try to take her from us. 0.99

01:05:51.000 And so, like I said, our bill's kind of dead right now in the water.

01:05:54.000 We'll see what happens as regulation gets a little more friendly.

01:05:57.000 But Barbara Boxer is the one that kind of started that entire thing. 1.00

01:06:00.000 And what happens is they tell her, well, what we're doing is we want to basically create a federal BIT license.

01:06:05.000 So the BIT license in New York City or in New York State, the Department of Financial Services, is the worst piece of critical regulation that was ever passed.

01:06:11.000 Well, it's like all gaming regulations and all that.

01:06:13.000 Just horrible.

01:06:16.000 And crypto companies had to leave overnight.

01:06:18.000 And people who live in New York are like, I wish I lived anywhere else because it's so hard to do crypto here because of that bid license.

01:06:24.000 And it's written by people who probably have no understanding.

01:06:27.000 I mean, I saw this New York SAFE Act.

01:06:29.000 They've got to be the first to act on guns.

01:06:31.000 So they write something that's clearly like no one understands what's even going on.

01:06:34.000 I mean, law enforcement officials were literally committing a felony by showing up with their service weapons the next day.

01:06:40.000 And it's like... But there's always the perception of we acted fast and first.

01:06:45.000 It's like, no, you're idiots. You don't even know what you're talking about, nor should you be writing legislation about it. 1.00

01:06:49.000 Oh, gosh. And guns are probably a lot more mechanically simple than crypto.

01:06:53.000 Crypto, for sure. Yeah, exactly.

01:06:55.000 So I think all that stuff is very important.

01:06:57.000 That's one thing we've been pushing for in regulation.

01:06:59.000 That's why we wanted Digital Assets Commission because you'd actually have people that understand it making the rules instead of people that, you know, they might as well be regulating fried chicken.

01:07:08.000 But how many people in government actually understand it?

01:07:11.000 I spend a lot of time with a lot of people, and there are much simpler concepts that most of them don't have much of a grasp on.

01:07:20.000 That's true. I mean, it's a complicated thing.

01:07:23.000 I've been kind of surprised, honestly.

01:07:25.000 With a lot of people that we've spoken to, them and their offices are a little bit more educated on crypto than I think people would suspect.

01:07:32.000 Yeah. I'm shocked to hear it, actually, based on everything else I know.

01:07:35.000 I was as well. I was shocked as well.

01:07:37.000 I've had some good conversations with some politicians about blockchain.

01:07:42.000 They may not understand the ins and outs of it, but they see what it fixes.

01:07:48.000 It fixes our financial system in a way that nothing else can.

01:07:53.000 It holds people accountable like nothing else can.

01:07:55.000 And so, you know, we're really encouraged to see all that.

01:07:58.000 But what happens is, is that once we figure out what they're doing with federal bit license, I'm like, oh no.

01:08:05.000 This... This guy's a bad actor.

01:08:07.000 Like, if he's willing to throw away decentralization for his centralized exchange, this guy's a bad actor.

01:08:14.000 And so, as we started attacking Sam Benjamin-Fried, of course, I've got this very famous rant that was on my channel.

01:08:19.000 I think the day after Sam released kind of his opinion on crypto regulation, I called him the devil.

01:08:24.000 I called him the devil on the show.

01:08:26.000 People made these auto-tuned remixes of it and all this stuff.

01:08:29.000 It was hilarious. And, you know, I said that day, I said, if I have to become a meme for people to see how bad this guy is, for us to stop— Happy to do it.

01:08:36.000 Hey, memes are powerful. They are powerful.

01:08:38.000 As a general in the meme wars, I thought myself, listen, a picture can say a thousand words.

01:08:44.000 Absolutely. So you caught that just from the way they took what would have been, in your opinion, based on actual experience, great legislation, Because I mean, yeah, I guess people want to know, how can it be regulated?

01:08:55.000 Should it be regulated?

01:08:57.000 You know, what's the government going to try to do to get rid of all of the stuff that we imagine would be good to sort of bastardize it down?

01:09:04.000 And I guess that's probably where he was going because it allowed him to carry the scheme on longer.

01:09:08.000 100%. Yeah, of course.

01:09:09.000 I mean, because he becomes the only regulated centralized exchange in America, Coinbase probably would have gotten it as well.

01:09:16.000 But all of a sudden, all the other exchanges that people were using, They had to actually now move towards, or they would have to move towards one of these regulated exchanges.

01:09:24.000 So it's like an RFP, a request for proposal, like, that basically was designed to only allow them to participate.

01:09:30.000 100%. That's what the entire thing was about.

01:09:32.000 So he basically created or changed the legislation to give himself monopoly power over crypto.

01:09:39.000 And so we first, I first found out about this the day I got back from my hunting trip.

01:09:43.000 So I'm in the airport...

01:09:45.000 Yeah. I know what those days are like when you've been like incommunicado for 10 days and like it's just a shit storm and it's like. 0.97

01:09:50.000 Exactly. Like I'm walking around the Seattle airport where I had my layover like for hours just talking about this with all the people that were involved and like what do we do about this?

01:09:59.000 And so we started attacking him relentlessly and then people thought we were crazy and then before you know it everybody's realizing oh he knows something we don't.

01:10:08.000 And so that's when all of a sudden all of a sudden all of a sudden enemies started contacting me.

01:10:12.000 Like, all these crypto projects.

01:10:13.000 This is something that people don't even know yet.

01:10:14.000 I mean, we talked about it on my channel, but if you're not in the main, if you're not in crypto knowing that I talked about this, nobody's talking about it.

01:10:21.000 Washington's not talking about it.

01:10:22.000 Is that not only were the retail investors victims because they were co-mingling funds, but also, they straight up extorted and counterfeited projects all across the board specifically to destroy them.

01:10:35.000 FTX had ICP. It's a project I love.

01:10:39.000 And, There was a thing where it launched in May of 2021 that it just absolutely tanked and went down, like, 98%.

01:10:47.000 Everybody's like, what happened?

01:10:48.000 Well, everybody's calling it a scam because they were saying, well, you know, like, they had all these founder's tokens and all that stuff.

01:10:54.000 Sam paid for all that. Sam launched perpetual futures contracts on ICP four days before it was available to buy anywhere.

01:11:03.000 How can you have a futures contract on something that doesn't have a baseline price?

01:11:07.000 Yeah. And so, Sam used that to pump the price up of ICP to an unsustainable level, and they shorted it to the ground.

01:11:13.000 His parents were the architects of the entire thing.

01:11:16.000 Along with Dan Friedberg, who has actually ran the biggest poker scam in history on Ultimate Bets, where they were doing what they call God Mode, to where they were able to actually look at the other players' cards, right?

01:11:29.000 That's the same exact thing they did at FTX. Dan Freeberg was a compliance lawyer of FTX. The same guy that ran the biggest poker scam of all time.

01:11:38.000 Well, if you're going to come in a fraud, that seems like the perfect guy to have as your general counsel.

01:11:42.000 Well, it does, right? So Dan Freeberg, we believe, was the architect.

01:11:45.000 There's tons of evidence tying him to all this.

01:11:48.000 He was the architect of the entire thing.

01:11:49.000 The parents were the puppet masters. 0.99

01:11:51.000 And his parents, you know, Barbara Fried and Joseph Engman, they're absolute crooks. 0.94

01:11:57.000 I talked to some people that worked with them on the philanthropy side because Joseph Engman was in charge of the philanthropy of FTX. Well, the philanthropy was bundling money, customer funds, to politicians. 0.73

01:12:08.000 That's all it was. Even if you look, like, you know, certainly, you know, not as much with your audience, but I understand on a larger scale there's some controversy around, like, you know, COVID-19 and the whole thing.

01:12:20.000 The pandemic, was it planned, was it not?

01:12:21.000 I mean, I definitely have my opinions.

01:12:23.000 I believe they're probably very similar to yours.

01:12:24.000 They're probably quite similar to mine, because it seems like there's one big beneficiary of everything that happened.

01:12:29.000 There was one big cover-up for everyone that started it.

01:12:32.000 Amazing, wasn't it? And it was always so obvious.

01:13:03.000 Of course it was.

01:13:05.000 And who benefits?

01:13:07.000 Because you're not allowed to talk about that either, right?

01:13:09.000 Because that's terrible. Big Pharma.

01:13:11.000 Well, beyond Big Pharma, if you have a virus or a disease that attacks predominantly the elderly and the already infirm, meaning people with pre-existing conditions, I don't know, seems like something that a country with an aging 1.3 billion population It doesn't exactly care for their citizens, as evidenced by the way they treat the Uyghurs or whatever. 1.00

01:13:32.000 I don't know. Maybe it's conspiratorial, but if they lost the elderly and firm that have maybe now experienced a little taste of wealth for the first time, There might be something there.

01:13:44.000 I don't know. I don't know.

01:13:46.000 Like all conspiracy theories that have been proven correctly, that's as plausible as anything else.

01:13:53.000 And if they manage to take out the U.S. economy, take out Trump in the process, Wow, that's a pretty solid added benefit.

01:14:00.000 And again, I'm not saying this happened, but like, we'd be foolish to not have this conversation.

01:14:04.000 And like all the conversations we'd be foolish not to have, no one's having them because of the uncomfortable truths that would probably come from it.

01:14:11.000 Well, you're not allowed to. Thank God that Elon Musk has opened up Twitter to where I feel like we can go there and talk about realities of situations.

01:14:18.000 Because before, you felt like if you even said COVID-19, you're going to get canceled.

01:14:22.000 Well, for me, I mean, I was one of the early guys being like, hey, they're censoring me.

01:14:26.000 Well, how do you know that? I was like, well, because I have, you know, at the time, you know, five million followers and I used to get a couple thousand retweets a post.

01:14:32.000 Now I'm getting two. I'm getting four retweets a post.

01:14:35.000 Like, I've been doing, you know, like you with crypto, I was an early adapter on social media.

01:14:41.000 Okay, you know, I was the first guy on Telegram to break a million followers at the time.

01:14:45.000 You know, ever since the other ones opened up, that's come down.

01:14:48.000 But like, you know, millions on Twitter early.

01:14:51.000 Like, when I hit send, I know what it's going to do.

01:14:53.000 I know when I'm pushing the boundaries.

01:14:54.000 I know when it's Miltos. Like, I get it.

01:14:57.000 I saw discrepancies like this, but then I'd also see the lunatics on the left post something that wasn't particularly good, particularly just viral through the roof.

01:15:06.000 And I'm like, okay, they're being assisted, and I'm being stymied.

01:15:09.000 It's very clear. We saw the government was working with Twitter.

01:15:13.000 But the whole point, wrapping this back around to FTX, the whole thing is, They were supposed, like, if you're against pandemic prevention and stuff, like, that's one thing.

01:15:24.000 The main nonprofit they were giving money to was, I can't remember exactly what it's called, like, preparation for the pandemic or whatever.

01:15:31.000 They're supposedly giving money to prevent the next pandemic, right?

01:15:35.000 I mean, so even if you're against COVID-19, or not against COVID-19, but against, you know, you understand the conspiracy, it's like, okay, well, that's kind of controversial that that's where they're giving money to, but okay, whatever.

01:15:47.000 That's not what it was. It was called like pandemic prevention, but it was all about funneling money to candidates on the left, and they just called it pandemic prevention.

01:15:57.000 It had nothing to do with COVID-19, nothing to do with the pandemic at all.

01:16:01.000 It's like everything on the philanthropy side was a straight-up scam.

01:16:04.000 And they were using other people's names because all these campaign finance laws are going to be absolutely insane when it comes to FTX, all the violations.

01:16:14.000 Well, I feel like they were manipulated so badly by FTX by the time, again, you don't hear anything about it.

01:16:19.000 I haven't heard anything about FTX in three months.

01:16:21.000 So I'd be curious to see your thoughts on that.

01:16:23.000 But yeah, it seems like if FTX or Sam was donating to Republicans, you know, the FEC, Federal Elections Commission, they'd be looking at these contributions.

01:16:37.000 A little differently than they are when they went to go benefit Democrats.

01:16:40.000 Because, you know, like all of these big government institutions, they're controlled by the communists, essentially, at this point.

01:16:45.000 So, you know, that hasn't happened.

01:16:47.000 So I'm hoping it will.

01:16:48.000 So now you're seeing this stuff.

01:16:50.000 What does he know that we don't know?

01:16:52.000 People in the know are starting to understand it.

01:16:55.000 The average consumer is still totally like, this guy is a super genius child prodigy.

01:17:00.000 He loves people. He loves altruism.

01:17:02.000 So what happens then?

01:17:04.000 Yeah, so what happens then is we start exposing all these projects and I start realizing like, Oh, this is much bigger than just, you know, him being a bad person because of this regulation that he's pushing.

01:17:15.000 And as we started giving out all these narratives about all what he was doing with counterfeiting projects, you know, he's probably actually the reason Terra Luna collapsed.

01:17:23.000 He's probably the reason why Celsius collapsed.

01:17:25.000 He's probably the reason why Voyager, Three Airs Capital, he was stop-loss hunting the guys that own that.

01:17:30.000 All this stuff is out there and is on the blockchain somewhere.

01:17:32.000 Somebody's still got to find the evidence.

01:17:34.000 But he was just trying to destroy All these projects across the board.

01:17:39.000 Because they were competitors.

01:17:40.000 Like, if you look at ICP, for instance, it was a competitor to Solana, which was his biggest investment.

01:17:45.000 You look at Celsius, it was a competitor.

01:17:48.000 Yeah, Solana was just a total scam. 1.00

01:17:49.000 Oh, yeah. Absolutely.

01:17:51.000 From day one. Now, it still has a network, but they can pause the blockchain.

01:17:55.000 If you can pause the blockchain... That's not the point of blockchain.

01:17:59.000 Yeah, it sort of feels that that defeats the...

01:18:01.000 100%. Yeah. They favored speed of transactions over decentralization, and that's eventually what ended up, you know, causing Swan to fall off a cliff.

01:18:10.000 But a couple of, like, on October 29th, so FTX collapsed on November 9th.

01:18:15.000 Mm-hmm. On October 29, I had a tweet where I warned everybody, get your money.

01:18:20.000 I said, if you don't take your money off FTX, you're low IQ. Like, get your money off.

01:18:24.000 There's something wrong. And we were pushing this narrative because we knew something was wrong.

01:18:27.000 But a couple days later, I actually said, well, I didn't think they were insolvent.

01:18:31.000 Because we're working with the projects.

01:18:33.000 And so what you're seeing on the project side is they were creating a fake market.

01:18:36.000 I just hadn't came to the point yet until everything happened on the night of realizing, oh, the fake market was insolvency.

01:18:43.000 Like, that's what the whole thing was.

01:18:45.000 They were creating a market that didn't exist because they were using customer funds and they were over-leveraging everything and they didn't have the money.

01:18:51.000 And they had to create these fake markets to be able to keep the appearance that they had all the money.

01:18:55.000 And so You know, on November 2nd is when Coindesk released the leaked balance sheet of FTX that showed how much trouble that they were in.

01:19:05.000 And people were— And Sam literally came out and said, Oh, no, that's absolutely not true.

01:19:09.000 Like, we're 100% solvent.

01:19:11.000 I actually talked to the CEO of a project.

01:19:13.000 I won't say which one. It was a top 100 coin.

01:19:15.000 I don't know where it is now.

01:19:17.000 But— They literally lost eight figures on FTX because Sam came out and said, we are totally solvent, everything's good, and they were getting ready to make a big move in there.

01:19:26.000 And they took that vote of confidence as, oh, we can put the money on there.

01:19:30.000 I told him, I said, well, that's the dreaded vote of confidence from the NFL owner.

01:19:34.000 It's like when your owner of your team comes out and says, we trust our coach, he's got our full support, he's always fired the next week.

01:19:41.000 And so that's really what that was.

01:19:43.000 Yeah. You know, so once all the insolvency stuff came out, it's like, oh, this is what we were on to.

01:19:49.000 We've been working with Gretchen Morgensen, an NBC reporter, putting out a big story about the fake market.

01:19:55.000 We just hadn't made that final connection yet, and it was so crazy.

01:19:58.000 Like, we were involved in this story from pretty much day one, and yet, It's all unfolding much more rapidly than we thought that it would.

01:20:06.000 We were working on the story. We thought we had a month on.

01:20:08.000 And then all of a sudden, two weeks later, the entire exchange has collapsed.

01:20:10.000 Should anyone else have seen this?

01:20:12.000 Or was it just, I mean, again, you've made this your life for the better part of more than a decade.

01:20:19.000 Could anyone else have seen this coming?

01:20:21.000 No. So how do you prevent it from happening again?

01:20:24.000 We remove these actors from the space.

01:20:28.000 The traditional financial markets have no place in crypto.

01:20:31.000 And when you have guys that are coming over from Goldman Sachs and are coming over from the banking system and creating crypto projects, these are our enemies.

01:20:39.000 This is not what we want. Because when you're a hammer, everything's a nail, right?

01:20:42.000 So if you're bringing that 25 years of experience at Goldman Sachs into crypto, it doesn't...

01:20:49.000 Doesn't translate. Doesn't jive.

01:20:52.000 I'm the number two biggest.

01:20:54.000 I'm the biggest in America.

01:20:56.000 But there is one channel that's bigger than mine.

01:20:59.000 I'm not trying to throw shade on.

01:21:00.000 Literally started by a guy from Goldman Sachs.

01:21:03.000 The biggest channel in crypto started directly from a Goldman Sachs employee.

01:21:07.000 And it's like, can we not see what these people are trying to do?

01:21:10.000 Can we not see they're trying to turn crypto into the traditional financial sector?

01:21:13.000 Because when you look at FTX's scam, It's the exact same way the traditional system already works.

01:21:21.000 We're, oh, it's so crazy that they were doing this, that they were taking the customer funds, and they were co-mingling, and they were over-leveraging, Guys, that's the way the entire system works.

01:21:30.000 Have you heard of Credit Suisse?

01:21:31.000 100%. They just went bankrupt three weeks ago.

01:21:34.000 When I graduated from Wharton, the Wharton School of Finance in 2000, half my graduating class went to Credit Suisse because that was where, if you were an investment banker, that was before hedge funds were really a big thing.

01:21:47.000 That's what you wanted to do, and that's where you were going to make a lot of money doing that.

01:21:51.000 That just went insolvent, and now you're bringing that same mentality here.

01:21:54.000 Yeah, absolutely.

01:21:57.000 I'm involved in this big class action lawsuit right now where they're suing me for a billion dollars along with eight other influencers.

01:22:04.000 Welcome to my life. That's called Tuesday.

01:22:06.000 I ain't worried about it.

01:22:08.000 The funny thing is, out of all the nine people that are included on that, I'm the only person that literally did not promote FTX. I never was paid by them, never even had a conversation with them, and yet somehow I get looped into this billion dollar lawsuit.

01:22:20.000 You get dragged in because you're Either you're a big name or a big wallet, perceived as a deep pocket, and guess what?

01:22:26.000 They're just going to add you in because they can, and you have to defend it, and that's the problem.

01:22:30.000 I love to fight. I love to fight.

01:22:33.000 I got the Trump gene too, so it's like, okay, my happy place.

01:22:37.000 Let's go. The law firm that is doing this against me, they're an absolute joke.

01:22:40.000 They just tried to put me in.

01:22:42.000 On Monday, I was down there for a harassment hearing, because I've been very vocal about what a scam they are.

01:22:51.000 Because they're going after an innocent person that had absolutely nothing to do with it.

01:22:54.000 And so in the court, on the transcripts, people will see when it's public, is that they literally lied about voicemails for me.

01:23:02.000 So in the courtroom, the guy is literally telling the judge, well, you know, my plaintiff is scared for his life, asking if I have to have a gun because of all of the violent threats that That Ben Armstrong has made towards me and my family.

01:23:18.000 He used his daughter in the courtroom.

01:23:20.000 He said, my daughter came up to me and said, dad, are we safe?

01:23:23.000 100% made up. I made some mean tweets to this guy on Twitter.

01:23:26.000 I threatened to have his license taken.

01:23:28.000 All of these threats that supposedly I made to them, they were all on phone call or voicemail.

01:23:35.000 The entire hour that he says that I was calling for an hour straight, I was on a livestream, and I was literally recording videos with timestamps, and I was literally on camera the entire time he says that I did this.

01:23:45.000 And the evidence he submitted- Well, never let the truth get in the way of a good story, right?

01:23:48.000 Of course, of course. You'll learn through this experience as I have as well through the media and others.

01:23:54.000 Well, he's going to get a lot of learning to do himself on this because I think he just thought I was an idiot and thought that I'm just loud and brash and I'm talking and all this stuff. 0.97

01:24:01.000 But I come with receipts. 0.98

01:24:03.000 When it's time for me to fight, I come with receipts.

01:24:05.000 And so I had receipts.

01:24:06.000 I literally could not have made those voicemails.

01:24:08.000 And he was using those threatening voicemails that he said was definitely me.

01:24:14.000 To fuel his plaintiff and his family to be fearful.

01:24:18.000 And like, that's so sick.

01:24:20.000 To try to bring down me an innocent man, that's how far this guy is willing to go.

01:24:26.000 And we were able to prove in court that, no, we actually didn't do those phone calls at all.

01:24:31.000 He literally lied about it the entire time.

01:24:33.000 And it's like, you know, come at me, bro.

01:24:36.000 Like, come at me with false allegations because I've got the truth on my side.

01:24:40.000 And yes, granted, like, the truth doesn't always work.

01:24:43.000 I did 50 hours of testimony for treason.

01:24:46.000 A crime punishable by death for Russia, Russia, Russia. 0.95

01:24:49.000 Now, you had the head of the Intelligence Committee saying that I was doing all these things.

01:24:53.000 He had seen the evidence.

01:24:55.000 The media will, like the lapdogs that they are, they'll run with that as though it's the gospel.

01:25:00.000 And yet, now, we all know none of that was true.

01:25:03.000 And there's still some that pretend it's real.

01:25:05.000 So, it doesn't necessarily matter.

01:25:08.000 But... I get it.

01:25:09.000 That's the problem with BS. You still got to deal with BS. This lawsuit has been so great for me.

01:25:14.000 I love it. The fact that they literally have shown their lack of due diligence to the extent where they literally include someone that never even had a conversation with FTX. On this lawsuit, it's just wins for me.

01:25:26.000 I'm just racking up wins, you know, left and right over this whole thing.

01:25:29.000 And so, you know, I got looped into this entire thing.

01:25:32.000 And it's been, like, quite controversial.

01:25:34.000 And, you know, everybody's been talking about it.

01:25:35.000 They've been tweeting about it. And, you know, I've been making a joke of the entire thing because the entire thing is a joke.

01:25:40.000 Like, there's a reason why it's a sideshow for me because it's so laughable that I'm even included on this That I'm going to make a mockery of the entire thing.

01:25:48.000 Like, it's not fair that you can just attack people for no reason.

01:25:52.000 And so we're going to be able to find and show the receipts.

01:25:55.000 And so I was down here on Monday to face that hearing.

01:25:58.000 And, you know, it's just so crazy the lack of due diligence from our legal system.

01:26:05.000 And that it's just kind of allowed.

01:26:07.000 Ask me how I know.

01:26:08.000 Yeah. I know you know.

01:26:10.000 So between me and my father, probably more soothed than any human being in the history of the country.

01:26:14.000 I mean, we're dealing with allegations.

01:26:15.000 Well, 30 years ago, he was mean to me.

01:26:18.000 And guess what?

01:26:19.000 You still have to deal with it. You end up in the southern district of New York where 99% of the people hate your guts.

01:26:24.000 So they're like, oh, well, we'll do this.

01:26:26.000 I mean, our legal system is a joke.

01:26:28.000 Yeah, it is. There is no equal justice under our law, and that's the problem. 0.96

01:26:31.000 I mean, it's something I think we have to fix because it's not sustainable this way where it could be weaponized this way against the people.

01:26:39.000 That's the reason why I'm making a mockery of the entire thing because people have to understand that not only is our financial system broken, Our legal system is broken.

01:26:47.000 Our media system is broken. Our medical system is broken.

01:26:50.000 All of these are broken in the same way because they all favor centralization over the people.

01:26:56.000 Talk about that. Obviously, the notion that makes this so appealing in terms of crypto and that decentralization, the deregulation.

01:27:05.000 But when you watch an FTX happen, When you see that, you know, what's the happy medium of, I don't want to say regulation because some people may be like, there should be none whatsoever.

01:27:16.000 Well, you have to have some regulation. So what is that?

01:27:19.000 Where should it be regulated to?

01:27:21.000 How do you do that and how do you keep sort of, let's call it political bias out of it, right?

01:27:27.000 You end up in a court in New York City and if you're a hunter, if you're maybe even libertarian, whatever, zero chance.

01:27:35.000 Yeah. Like, you're out because of that, and we'd love to believe it's a jury of your peers, but like, you know, is someone in that jury gonna, are they gonna take even the most ridiculous case against Trump and be like, you know what, it's just easier, we'll say guilty because I can't go home.

01:27:49.000 Yeah. I won't be able to go to school, you know, when the media leaks that I was on the jury and that I was one of the people that let him go.

01:27:55.000 I mean, but those are the considerations that are going through these people's minds, and it's sick.

01:27:58.000 Yeah. Yeah. I mean, I think that, like, we just are dealing with an irrational system that has to be changed from the inside out.

01:28:05.000 And, you know, it's no longer, like, everything now is subjective and opinion-based.

01:28:10.000 Like, as we move more towards blockchain decentralization, like, everything has rules and standards that have to be governed and have to be lived by.

01:28:18.000 So when you look at social media, for instance, you know, their rules about shadow banning, you know, like, Mark Zuckerberg, like, just two years ago, or maybe it was a little bit longer than that, three or four years, said, shadow banning doesn't exist.

01:28:28.000 Yeah. No, it's very clear.

01:28:30.000 Yeah, yeah. Wink, wink.

01:28:32.000 It's very obvious that it exists.

01:28:34.000 It's very obvious that you're doing it.

01:28:36.000 So the difference between a social media blockchain and what we have now with our centralized entities would be that there's still rules.

01:28:44.000 There's still, like, it's not just a free, you can't go post child porn on a public, you know, blockchain or on a public social media site.

01:28:51.000 So there are rules that people have to follow.

01:28:54.000 The difference is, is that those rules are ironclad and they're not subjective.

01:29:00.000 They're not based on somebody sitting up on his perch saying, you know what?

01:29:03.000 I don't like that one, but I like this one.

01:29:04.000 So that's all regulated within the blockchain.

01:29:07.000 Yeah. Right. We call it governance.

01:29:09.000 You know, the governance within a blockchain, within a network, will be the ones that handle that.

01:29:13.000 And so when you look at, like, look, I'll just be really honest.

01:29:16.000 I think that, you know, if Trump, if your dad comes out as pro-Bitcoin, I think that would be enough to swing the entire election for him in the future because it's made up Of strictly independent libertarian voters that have to make a choice between one side or the other.

01:29:30.000 That's almost the entire cross-section of crypto.

01:29:33.000 And I think that, you know, when it comes to this libertarian mindset, a lot of these people have this mindset that there should be no rules and no regulation because, you know, they think you should be able to do heroin on the side of the road.

01:29:44.000 Well, I don't really believe that.

01:29:46.000 I think there's a happy medium between all of it.

01:29:49.000 But when it comes to regulation, the thing is, we're going to have common sense rules that are ironclad that aren't subjective.

01:29:55.000 No one is responsible for more people losing money in crypto than Gary Kinsler.

01:29:59.000 This guy literally met with Sam Bankman-Fried for six months before FTX collapsed.

01:30:05.000 And The guy that's supposed to prevent these things and be for the people, literally was just getting scammed and or participating.

01:30:14.000 And who Elizabeth Warren was protecting. And it's so crazy when you look at it to understand that there's no in the middle here.

01:30:19.000 This statement is 100% factual.

01:30:22.000 Either Gary Gensler is the most incompetent regulator in the history of regulators to have met with them.

01:30:28.000 Which, by the way, is very possible.

01:30:30.000 Very possible. Very possible. Very possible.

01:30:32.000 Because it could also be a both.

01:30:33.000 Right, right, right. It's very possible that he was just that incompetent. 0.90

01:30:37.000 And how does he get to keep running the SEC when he worked alongside the biggest scam, fraud, Ponzi scheme in the history of the world?

01:30:47.000 This is possibly up to $50 billion when you factor in all the companies that were involved with FTX. It's not just the customer funds that were on the site.

01:30:54.000 It's a lot bigger than that.

01:30:56.000 So it's either he's totally incompetent.

01:30:57.000 He's not capable of doing his job.

01:30:59.000 And there's a guy, ZK Sharks, I think is his name, on Twitter.

01:31:02.000 He's been doing a phenomenal job uncovering so many conflicts of interest of Gary Gensler from the stuff he said when he taught his MIT blockchain course.

01:31:09.000 I can't remember what year it was.

01:31:11.000 Maybe it was 2016, 17, 18.

01:31:14.000 To where he says, three-fourths of all cryptos are obviously not securities.

01:31:20.000 He said that back in, you know, the early days.

01:31:22.000 And now he's saying, they're all securities.

01:31:24.000 Definitely going to be a security. I'm sure it's not because he's being paid by his former employee, Goldman Sachs, you know, go figure.

01:31:30.000 But the thing is, is that when you look at that, he's either a criminal, Or he's incompetent.

01:31:36.000 There's nothing in the middle.

01:31:38.000 You can't meet with the biggest fraud in the history of the world, not know it.

01:31:42.000 How do you prevent it from happening?

01:31:44.000 If the guy that's in charge of these things doesn't know and can be scared, how do you create the level of confidence for people to be like, okay, I'm in?

01:31:52.000 How do you get the adaption?

01:31:53.000 Yeah, so we don't need that.

01:31:55.000 Like, what we need is people to learn how to self-custody.

01:31:57.000 So if you had taken your funds off of FTX and moved them to what we talked about earlier with cold storage or a hot wallet, they couldn't touch your funds and you wouldn't lose your money.

01:32:07.000 So people have to have, like, look, we've been trading convenience with For rights and freedom ever since 9-11 especially.

01:32:17.000 You can definitely go back before that, but 9-11 with the Patriot Act was really where we started giving up our rights.

01:32:22.000 When you look at the convenience that, let's say the banking system offers you, Everything's, you know, on your account and that if it's gone, you know, it's FDIC insured and that, you know, all you got to do is call them and say, hey, I really didn't spend this and they'll, you know, they'll remove their transaction.

01:32:38.000 It's taught people to be completely irresponsible with their money.

01:32:40.000 Yeah. Complacency. Apathy.

01:32:42.000 Yeah, but they like it.

01:32:44.000 They want that convenience of that.

01:32:46.000 And so we've got to get Americans away from this idea of trading that convenience.

01:32:53.000 For, you know, for their rights.

01:32:55.000 We're trading rights for convenience. So when you look at FTX, you say, well, if people would have just taken the extra step to have learned the self-custody, we wouldn't be in the spot we're in.

01:33:04.000 It's not about preventing centralized exchanges necessarily from being able to be scams.

01:33:10.000 It's about protecting yourself from it if it is a scam.

01:33:12.000 If you were to have gone on FTX, Bought a crypto and then taken it off the site, you couldn't have been hurt.

01:33:19.000 And that's what we've got to do in America is get back to like, let's be responsible for our own money.

01:33:23.000 How about that? Like, this is stuff they don't teach you in school, you know?

01:33:26.000 There's no financial education in school.

01:33:29.000 There's barely financial education in business school.

01:33:31.000 I don't have an economics degree.

01:33:33.000 I didn't know anything about money when I got into crypto.

01:33:35.000 I accidentally got into it because of that software that I had to buy.

01:33:40.000 And I've learned so much about the way the world works.

01:33:42.000 Like, my degree is in ministry leadership.

01:33:44.000 You know, I was a youth pastor for a while.

01:33:45.000 I ran a nonprofit organization.

01:33:48.000 It was a rehab for teenage boys.

01:33:49.000 I did that for years. I was an executive director there.

01:33:52.000 That's right as I led into getting a full-time in crypto.

01:33:54.000 That was the last thing that I did.

01:33:56.000 And, you know, it's this kind of thing where it's like, Guys, we've got to start being responsible.

01:34:01.000 If you can just start from that standpoint, it doesn't matter what your background is or your education.

01:34:04.000 It doesn't even have to be financially.

01:34:07.000 I think that's a lesson we could have for everything.

01:34:11.000 It's interesting. You see that in the places.

01:34:16.000 I was at the UFC with my father two or three weeks ago.

01:34:19.000 The place goes crazy. The fighters are jumping over the cages after they win and giving them a high-five kind of thing.

01:34:24.000 All those places where it's like, it's on you.

01:34:27.000 Those guys all tend to be conservative leaning because it is on them.

01:34:31.000 They're not falling to the team.

01:34:33.000 They can't have an excuse. Blame someone else.

01:34:35.000 And I think that independence, that self-assuredness, all of that is so interesting.

01:34:40.000 I think, yes, it's not just in crypto or your financial responsibility.

01:34:43.000 Like, hey, take some ownership of your actions.

01:34:46.000 We'd be better off if they did that across the board in every aspect of their lives.

01:34:50.000 Absolutely. When you look at the SEC, the way that they're trying to over-regulate everything right now, which, by the way, the SEC is going to fail to regulate crypto.

01:34:56.000 Like, there's already been one case decided that said that the secondary market is not securities, so they're not going to end up regulating crypto.

01:35:04.000 It's not going to happen, but they're— But, okay, fine.

01:35:07.000 That's what it's now. Yeah.

01:35:08.000 But are they just going to let it go?

01:35:10.000 And is that why there's, you know, so much volatility in the markets?

01:35:13.000 Yeah. Well, no, they're not going to let it go.

01:35:15.000 And yes, certainly a lot of the volatility comes from the unsureness of institutions to get into crypto right now because of all the stuff that, you know, the SEC is doing.

01:35:23.000 But I would also argue, like, a lot of those institutions know what he's doing because they're paying him.

01:35:27.000 So they can kind of see where things are going.

01:35:29.000 They're trying to stall. That's what they're trying to do.

01:35:30.000 They're trying to stall for time.

01:35:32.000 So I think when you look at everything they're trying to do with regulation, you know, it just makes me so angry.

01:35:37.000 Like, we have a state bill, SJR 16 in California, to change the accredited investor laws.

01:35:41.000 Because, like, Everyone needs to be able to access the same kinds of investments if you understand how to do it.

01:35:48.000 We're trying to change it where it's a test instead of having to have a million dollars.

01:35:51.000 Recently, they just came out and said, now they're thinking about changing the credit investor law to $10 million.

01:35:55.000 Yeah, that takes out literally 99.9% of the populace doesn't have a net worth of $10 million to be able to check that box to be able to get into an investment.

01:36:04.000 The elites get to stay the elites.

01:36:06.000 And like, that's great if you're an elite, but I came from nothing, you know?

01:36:10.000 Like, I'm glad I had the opportunity through crypto to be able to change my life.

01:36:13.000 Like, I drive a Lamborghini.

01:36:14.000 Like, never in my wildest dreams would I have thought that's something that I would have been doing.

01:36:18.000 I was living paycheck to paycheck five years ago.

01:36:20.000 Yeah. You know? And so, it's like, it provides this wealth redistribution in a way that nothing else does.

01:36:25.000 And that's what the SEC is trying to stop.

01:36:27.000 They don't want you to make money.

01:36:28.000 Yeah. The SEC's main goal is to make you feel like an idiot and that you aren't capable of running your own investments. 1.00

01:36:35.000 You don't know what to do with your money. 1.00

01:36:36.000 They have to tell you.

01:36:38.000 That's the scam. And so when it comes to regulation, we need some type of regulation across the centralized exchanges.

01:36:44.000 But overall, what we hope is going to happen is everything's going to move to decentralized exchanges.

01:36:49.000 To where everything is done with automatic market makers, and you're not having to custody your funds with someone else.

01:36:55.000 You're able to do it all from your wallet, and your money stays in your wallet and never touches somebody else.

01:36:59.000 And so it's really like moving more towards decentralization, which is what Sam was trying to prevent.

01:37:05.000 It's what Gary Gensler was trying to prevent.

01:37:08.000 Why? Because they just want the system to run the same way the broken system has continued to run.

01:37:13.000 They just don't want to be the last one holding the potato in a game of hot potato.

01:37:16.000 What people have to understand is everything they're doing is for a point.

01:37:19.000 We need regulation, but we need people to understand crypto making the regulation.

01:37:23.000 So how do you do that? Because I mean, I imagine that plays into big into the adaption process.

01:37:27.000 I mean, I think creating some confusion around that, not having sort of defined regulations on that creates a little bit of an insurmountable obstacle for a lot of people to get in.

01:37:37.000 Because I mean, how do you get the adaption where you have a critical mass that all of a sudden You know, gets rid of sort of the problems, right?

01:37:47.000 You're big enough, you're too big to fail.

01:37:49.000 Much like the banking system, you know, despite the craziness were bolstered and you knew they'd be backstopped.

01:37:55.000 You see them trying to do that now.

01:37:57.000 You know the big four banks are going to be backstopped, but actually the good actors in some of your local and regional banks, they may not.

01:38:03.000 And so you're actually Forced to play with the bad actors because you know they're going to be taken care of by gambling with your money.

01:38:11.000 And it's this vicious cycle of insanity.

01:38:14.000 How do you prevent that?

01:38:16.000 How do you get the adaption?

01:38:17.000 And when will people be able to go to a grocery store and pay with Bitcoin?

01:38:22.000 Well, you can right now through certain, you know, I use a crypto.com card, which is I convert crypto over to dollars like, you know, before I want to do a transaction, and then I can spend my crypto off the exchange with a card.

01:38:35.000 Coinbase has a similar card.

01:38:36.000 You can do it with USDC. So there are ways you can spend Bitcoin right now.

01:38:40.000 I think the big confusion is, like, people thinking you have to understand blockchain to use it.

01:38:45.000 And I think it's just kind of a, it's kind of a consequence of our internet culture where everything's public and it gets out there so fast.

01:38:52.000 Yeah. Where things that are growing, like, look at AI, for instance.

01:38:54.000 Like, we all kind of knew about AI, but now look where it's going so quickly.

01:38:58.000 It's like, now people are able to see what's happening in real time.

01:39:02.000 Let me ask you this. Maybe you know.

01:39:04.000 I don't know. Do you know what HTTP stands for?

01:39:08.000 Yeah, Hyper Text Transfer Protocol?

01:39:11.000 I don't know. I don't know.

01:39:13.000 I only remember this because I had to do like a...

01:39:16.000 Almost...

01:39:17.000 Back in the day, it worked.

01:39:18.000 And that could be off by a word or two, but it's something like that.

01:39:22.000 Wow, you really ruined my entire spiel there, Don.

01:39:24.000 Appreciate it. Yeah, but listen, I had to do that one time back in school.

01:39:29.000 Did I get it? Nailed it.

01:39:32.000 Alright guys, I'm done here.

01:39:34.000 Thank you so much. Now, I don't know what the hell it means, I just know what the acronym is.

01:39:40.000 I'm not going to pretend I know what it means.

01:39:41.000 I'll give you that win, but I know what the acronym is because I had to do it 23 years ago when I graduated college.

01:39:48.000 I made a point not to know what it stands for because it's a big example I use all the time.

01:39:51.000 Like, that's every day when you go to a website, that's what you're using.

01:39:55.000 You're using that protocol. Do you know how that protocol works?

01:39:58.000 Do you know how it connects you to the internet?

01:39:59.000 Do you know how it moves from website to website?

01:40:01.000 Do you know all of the different, you know, networks that are included in on that?

01:40:05.000 No, you don't. Nobody does.

01:40:07.000 But you're using it every single day.

01:40:09.000 And so in blockchain, like, we're really striving for a day where everybody's going to be using it and not really knowing that you're using it.

01:40:16.000 It's just, it's the underlying infrastructure of the apps that you use.

01:40:20.000 You don't need to know exactly how it connects or how it works.

01:40:23.000 And so, unfortunately, with blockchain, like, it's so confusing to people.

01:40:27.000 And you've got all these people making big investments, right?

01:40:29.000 Like, big money is moving hands in crypto.

01:40:31.000 You know, pound for pound, probably the most, you know, lucrative, you know, space in the history of the world.

01:40:36.000 And when you look at it from that perspective, like, people are interested because of the money, and they're saying, when adoption, when adoption, when adoption.

01:40:42.000 Adoption's a meme, right?

01:40:43.000 Like, in the bull run when Bitcoin's going up, everybody's like, adoption's here!

01:40:47.000 Then you go in the bear market, and everybody's like, oh, never use it.

01:40:50.000 It's a failure. It's like, you just keep seeing the same cycle over and over and over again.

01:40:53.000 And one day, we're going to get to a point where things are going to reach an equilibrium.

01:40:57.000 I believe, look, when I first got into, into, now, I got into crypto in 2012.

01:41:02.000 2017 is when I really, like, started to dedicate my life to it, you know?

01:41:06.000 Like, I was like, this is what I want to do.

01:41:07.000 This fixes the system. I fell in love with the idea of decentralization and things like that.

01:41:12.000 Like, you know, looking back in on those earlier days, like, you know, I would have told you in 2017, oh, adoption is less than five years away.

01:41:21.000 Definitely. Definitely less than five years away.

01:41:22.000 It's one of those things where the longer you're in it and the more you learn about it, the further off you realize it is.

01:41:28.000 So if you ask me today, I think it's maybe 10, 15 years, maybe 20 before we have full-blown adoption in crypto where all these protocols are being used Decentralized applications are built on top of those networks and that people are using it on a daily basis and interacting with the blockchain without even knowing they're interacting with the blockchain.

01:41:47.000 I think that's where we have to move to because right now, a lot of our decentralized applications are just...

01:41:52.000 They're black. They're just not good. 1.00

01:41:54.000 And is that what you're trying to achieve?

01:41:56.000 Yeah, over time, that's what I'm all about, is adopting this new technology because it's, in my opinion, the only way we're going to save America.

01:42:03.000 I really believe that. I think that we've got to get off of this fiat system where you just print money at will because when we talked earlier about the dollar losing the World Reserve currency status, that's terrifying.

01:42:16.000 That's Armageddon in America when that happens.

01:42:19.000 It's almost when, right?

01:42:20.000 Yeah, like when. It's like...

01:42:22.000 That actually feels like it's a lot closer than 10 to 15 years, because it's going on right now.

01:42:26.000 Maybe if your dad comes back in and wins, maybe he can put his foot down on some stuff and maybe get tough with some of these BRICS nations, which Joe Biden, he's not ever been tough with anybody in his life, other than Twitter talking about Hunter Biden.

01:42:41.000 I think that, you know, it's one of these things where, you know, the adoption curve is going to be, you know, very dramatic when it happens, but we're a long ways away from it happening now.

01:42:52.000 And I think that, you know, this is something that hopefully we can use to prevent us losing the world reserve currency.

01:43:00.000 Because if that happens, the main reason we're protected in America is because of that reserve currency.

01:43:05.000 When that's gone, all of a sudden, we're susceptible to hyperinflation.

01:43:10.000 Oh, I mean, hey, we're going to call our $33 trillion.

01:43:15.000 Yeah. You know, you think FTX was a collapse.

01:43:19.000 Exactly. But we're protected right now because the other countries in the world, they have to have dollars, and so they're all motivated to keep us from going into that hyperinflation.

01:43:29.000 But when we lose that, like, now all of a sudden you're looking at, What do we do now?

01:43:35.000 And when you look at, like, Germany in the 1920s, you know, after World War I, when people wore, you know, wheelbarrows of cash.

01:43:44.000 Zimbabwe. Zimbabwe, you look at Venezuela, where, you know, they make trinkets in the street with their currency.

01:43:49.000 They will make you a purse out of their currency.

01:43:51.000 Because that's worth more than the currency. Exactly, because it's absolutely worthless.

01:43:54.000 We think that could never happen in America.

01:43:55.000 You're right. It could never happen in America as long as we have the World Reserve Currency.

01:43:59.000 But once we lose that, you see these BRICS nations, you know, Brazil, Russia, India, China, and South Africa starting to move away from the dollar into the digital yuan.

01:44:07.000 It's very scary. And I do think that the digital dollar will come eventually, and it will kind of be used to pump up demand across the world to keep the Ponzi scheme going a little bit longer with the way we print money.

01:44:17.000 But it's just the system is broken, and it's got to be fixed.

01:44:21.000 And I believe that crypto and blockchain is the only way that we can start holding people accountable.

01:44:25.000 There's this idea that, you know, There's so much fraudulent activity in crypto and, you know, Elizabeth Warren's always saying, like, all the criminals are using it!

01:44:32.000 And there's 0.1% of all blockchain transactions are using it.

01:44:35.000 Well, but they use that, you know, like you said, to Silk Road, that whole concept.

01:44:38.000 They tried, like, early on, like, before I even knew much about it, it was like, they're trying to make it, it's a pedophile ring, it's a drug trafficking ring, it's all this.

01:44:45.000 And so, you know, but, you know, I guess what I've learned over the last few years is, like, the second, like, the big government people are going after it, there's probably...

01:44:52.000 There's probably an understory that they're not telling you and there's a reason for it.

01:44:56.000 And that's why, you know, it's fascinating.

01:44:58.000 But it's cool to see how early we are on the curve because I feel like, you know, someone who's missed it, but it doesn't feel like we've actually missed it.

01:45:04.000 Yeah, and I think, like, it's so amazing when I talk to people about crypto because, you know, everybody's like, oh, well, you know, I can't get my family in crypto or I can't talk to my buddy.

01:45:12.000 My entire family's in crypto.

01:45:13.000 And I'm, you know, super thrilled about that.

01:45:15.000 I've got a very open-minded family, I guess.

01:45:18.000 Smart, you know, intuitive, thinking about the future kind of family where not everybody is necessarily like that.

01:45:23.000 But it's like, for me, it's easy to talk people into getting a crypto.

01:45:26.000 I didn't sit across from anybody.

01:45:27.000 And by the time I'm done talking with them, they say, oh, I get it now.

01:45:31.000 Like, and that's what my book is all about.

01:45:33.000 It's like, Everything's a mystery in crypto, but it's not really a mystery.

01:45:36.000 The truth is right in front of you the entire time.

01:45:38.000 Like, when you look at all the people losing money with crypto, not necessarily from, like, the lack of having the private keys, but just with the market, it works in a four-year cycle.

01:45:47.000 Bitcoin has worked in a four-year cycle ever since the very beginning.

01:45:50.000 You get one massive run-up for one year, you get one gigantic dump for one year, and then you get two years of the market building up, you know, stably.

01:45:59.000 And when people are saying it's a scam, That's the time to get in, right?

01:46:04.000 When FTX was collapsing, it went down to 15,000, which ironically, we had said all year last year, the bottom of the market was going to be in November.

01:46:11.000 We didn't know what was going to cause it, but it's because that four-year cycle works so exact.

01:46:16.000 We could forecast when we should see a bottom.

01:46:19.000 We called the top of the market.

01:46:21.000 We said for years, top of the market would be in between Halloween and Thanksgiving and 2021.

01:46:28.000 Exactly. Like, November, you know, 22, I think, was when we saw, you know, or no, November 12, I believe, was when we saw the top of Bitcoin.

01:46:37.000 And, you know, it's just amazing to see how mapped out this thing is and people would just follow it and understand it.

01:46:42.000 What I'm trying to tell you is, Number one, we have the system that's broken that's got to be fixed, and it plugs a lot of the system.

01:46:48.000 But a lot of the mystery surrounding the movements of crypto, it's not really a mystery.

01:46:53.000 When you understand why that four-year cycle works, it's because every four years, the production of Bitcoin gets cut literally in half.

01:47:00.000 It's supply and demand built into the code of Bitcoin that makes it so powerful.

01:47:05.000 And every four years, everybody's like, well, you know, it's not going to work this time.

01:47:08.000 This time, we're going to see something go totally different.

01:47:10.000 This time, it'll be different. We've heard that a lot.

01:47:12.000 I've been crushing that this time would be different narrative for years.

01:47:15.000 And we just continue to be right.

01:47:17.000 And, you know, the people who want to reinvent the wheel and try to figure out, like, I want to be the person that called the time that was going to be different.

01:47:23.000 You just keep losing.

01:47:25.000 And so I think that for people who really understand, like, there's not as big of a mystery to Bitcoin as you think there is.

01:47:31.000 It's not about... It's choreographed when the right time to get in.

01:47:36.000 So tell them how they can find your book so we can learn about it.

01:47:39.000 Sure. Where can our audience find you?

01:47:41.000 Because again, I think I have a feeling as more especially emerges from FTX and the regulation, we'll have to have you back on to talk about all that.

01:47:47.000 But tell them where they can figure it out so they can get that primer and they can start looking at it.

01:47:50.000 Yeah, well you can find me...

01:47:52.000 I'm very easy to find on the internet.

01:47:54.000 If you just search BitBoy Crypto, you'll find me on any platform.

01:47:56.000 But my book is available on Amazon, Barnes& Noble, Books A Million.

01:48:00.000 Catching Up to Crypto is the name of the book.

01:48:02.000 I just recorded the audiobook, so that's going to be coming out here hopefully in the next four to six weeks.

01:48:07.000 So if you're more of an audiobook person, look, I don't read that much.

01:48:09.000 I read tweets. I read 140 characters.

01:48:12.000 That's me these days. 100%.

01:48:14.000 You know, if you're like, what's the best book you ever read?

01:48:16.000 Well, does a Twitter thread count, you know?

01:48:18.000 So, you know, that's where you can find the book is on all those different platforms.

01:48:21.000 Audiobook will be coming out soon. We've got a workbook coming out.

01:48:24.000 We also have—I was very involved.

01:48:25.000 I went down to the Bahamas, tried to track down Sam.

01:48:28.000 I got some very interesting text messages from him while I was down in the Bahamas that he asked me what I would do if I was the CEO of FTX, which is a crazy question to ask.

01:48:38.000 But the whole thing is our next book is actually going to be called Catching Up to FTX, Lessons Learned During My Crusade Against Fraud, Corruption, and Bad Hair.

01:48:45.000 Awesome, man. Well, guys, go check out Ben Armstrong.

01:48:47.000 Ben, thanks so much for doing this.

01:48:49.000 Appreciate it. Thank you. Guys, thanks so much.

01:48:53.000 Ben, that was awesome.

01:48:54.000 Guys, go check out Ben Armstrong.

01:48:56.000 Make sure to check out his book.

01:48:58.000 Follow him on social.

01:49:00.000 Definitely a trend that's here to stay.

01:49:02.000 I think the government's going to try to do whatever they can to prevent the outside crypto guys from doing it so that they can control it and learn everything about you.

01:49:10.000 I think we probably want to avoid that and follow the guys like Ben.

01:49:15.000 And whether it's the exchanges or the actual currencies, start looking at it.

01:49:19.000 Check it out. Again, I want to thank our sponsors, Patriot Mobile.

01:49:24.000 Great people. Share your values.

01:49:27.000 Support what you believe in.

01:49:29.000 Again, you're going to have a cell phone in your pocket at all times, guys.

01:49:33.000 Give your... Plan.

01:49:36.000 Give your dollars to companies that share your values.

01:49:39.000 Companies like Patriot Mobile who give back.

01:49:42.000 They give back to the causes that we believe in.

01:49:44.000 Protecting the First Amendment, the Second Amendment, the right to life, our first responders, the great men and women of law enforcement, etc.

01:49:53.000 You're going to have a phone in your pocket.

01:49:55.000 You might as well do it and have it with a company that shares what you believe in rather than those guys who hate your guts.

01:50:01.000 Remember AT&T wanted to get rid of...

01:50:04.000 Oh, and they tried getting rid of Newsmax through DirecTV and the parent companies and all that craziness that was going on.

01:50:10.000 That's basically it. Like, you can give it to them and watch them continue to attack what you believe in.

01:50:15.000 Or you can go to PatriotMobile.com slash Don Jr.

01:50:19.000 and... Support people who care about what you believe in.

01:50:23.000 Also, don't forget to check out the guys at GoldCo and other, whether it's crypto, whether it's gold.

01:50:29.000 Diversify yourselves from the insanity that's going on.

01:50:32.000 We're watching it. The bank collapses.

01:50:35.000 We're watching stupid decisions. 1.00

01:50:37.000 We're watching Joe Biden use his first executive order to veto. 1.00

01:50:43.000 People who didn't want to make ESG and woke nonsense and that DEI be a part of your retirement savings.

01:50:49.000 It doesn't have to be the best investment.

01:50:51.000 As long as it's woke, that's wonderful for you.

01:50:53.000 Even if you lose all your money, what could possibly go wrong, right?

01:50:56.000 So guys, go check out the folks at GoldCo.

01:50:58.000 Go to DonJrGold.com.

01:51:01.000 Learn about it. Again, bank collapses, inflation, fuel prices going high, interest rates are through the roof.

01:51:09.000 It's not looking good.

01:51:11.000 I just want to make sure you're protected.

01:51:12.000 You don't have to do anything, but go and learn.

01:51:15.000 Read about it. They'll help you out.

01:51:17.000 They'll take you through it. So go to donjrgold.com.

01:51:21.000 Learn about it. I think you'll like them.

01:51:23.000 Do what you want, but again, I just want you to be prepared, so check it out.

01:51:28.000 That's donjrgold.com.

Triggered - Donald Trump Jr - May 08, 2023

Bitboy Crypto's Ben Armstrong Takes You Inside the Collapse of FTX | TRIGGERED Ep. 30

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