Western Standard - CMS： Has the Pride movement become irrelevant？

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00:09:25.560 How's going to be a,

00:09:27.560 do we try to go to the

00:09:31.560 总 Plylar? 0.79

00:09:33.560 Oh, the bees are doing great to the dogs and jerks and no, everything all is well. 0.94

00:09:37.560 Well, they barked their brains out, out back. 0.83

00:09:40.700 The Bears haven't been around.

00:09:42.020 I really thought I'm going to complain about a bunch more things in the show.

00:09:45.440 I've got nothing to complain about at home right now.

00:09:48.400 Oh, awesome.

00:09:49.120 That's great news.

00:09:50.440 Do you have Oilers fever, Corey?

00:09:52.440 No, I couldn't care less about them.

00:09:54.700 Oh, man.

00:09:55.800 Not even that woman flashing?

00:09:59.740 That was outstanding.

00:10:02.120 Yeah, I did see that coming along.

00:10:03.980 Well, I guess if somebody's going to come along as a new celebrity out of Edmonton,

00:10:07.300 she's earned her place.

00:10:09.420 Yeah, well, we've got our Jonathan Bradley on the scene in Edmonton.

00:10:12.480 And before this week, he knew little to nothing about hockey, believe it or not.

00:10:17.400 But he's learning fast.

00:10:19.160 So he's got an Oilers notebook that will be up there every day with three or four tidbits on the game

00:10:25.440 and the atmosphere surrounding it.

00:10:27.680 And that young woman who did lift her top has been offered $100,000 by a U.S. porn site

00:10:35.400 to come and maybe audition for stuff down there.

00:10:40.240 So, yeah, there's money to be made in that, Corey.

00:10:43.080 Well, isn't it something similar when it was during the Calgary Stampede

00:10:46.060 and there was that one young lady in an alley who got herself sort of pierced from a couple directions? 1.00

00:10:50.440 She did some porn after that as well.

00:10:52.060 I don't know if it was a good lifetime direction for her, but she profited from it.

00:10:55.520 Yeah, she became a stripper on the D circuit, I think. 1.00

00:10:59.020 Oh, wow.

00:11:00.080 Lots of good news happening today, Corey, other than the Oilers.

00:11:05.980 WestJet has introduced a new ultra-low fare, which they say is, you know,

00:11:14.080 you can basically just book a seat at the last minute.

00:11:19.520 You have no choice as to where you sit.

00:11:21.680 You sit at the back of the plane and you get to board last and no hand luggage

00:11:26.620 and all that sort of good stuff.

00:11:29.860 Air Canada, on the other hand, countered today with an offer of free food and booze

00:11:35.380 on all Canadian flights.

00:11:37.480 So they obviously saw a marketing opportunity there and I think quite brilliantly jumped on it.

00:11:44.580 The big news story of the last couple of days,

00:11:47.560 Corey has been dominated by the spy scandal happening down in Ottawa where it's been revealed.

00:11:54.260 Some of our elected MPs are actually spies for foreign countries.

00:12:00.100 So our Jen Gerson has got the latest on that. 0.94

00:12:02.940 So if you're planning a European holiday, foreign affairs has just increased the terrorism alert

00:12:08.800 for Italy of all places and other places in Europe.

00:12:14.520 So we've got that story up.

00:12:18.040 Mike Thomas, our real estate expert, is taking a look at the Bank of Canada

00:12:22.880 dropping their prime rate today by a quarter point.

00:12:26.220 And he's got a story on what it will mean for your mortgage

00:12:29.280 if you'd hold a variable rate.

00:12:32.940 And sort of the head scratcher of the day, Corey, is the head of the Canadian Medical Association

00:12:38.060 says vaccine injured people don't exist.

00:12:41.800 She says there's no such thing as a vaccine injury,

00:12:44.320 which I find quite strange because the government's been paying out,

00:12:47.900 you know, lots of money for people who are vaccine injured.

00:12:51.120 So for Canada's top doctor to say that it doesn't exist, doesn't happen,

00:12:55.800 quite frankly, is astonishing.

00:12:57.460 Yeah, I mean, I can understand some of the debate on the degree of risk or the degree of injuries or anything,

00:13:04.000 but to say they aren't outright happening whatsoever,

00:13:05.880 well, then they should close that hole for all those payouts they've been doing.

00:13:09.180 Oh, exactly. Exactly.

00:13:10.640 It's a strange thing to say for sure.

00:13:13.760 We'll be, I'm sure, talking about that whole pandemic

00:13:16.580 and government response for many years to come yet.

00:13:19.720 I don't know if there will.

00:13:20.200 Sure we will.

00:13:22.020 Probably also on the pipeline tonight, too.

00:13:24.900 More than likely.

00:13:25.920 All right, well, I'll let you get back to gathering all that good news stuff there for us, Dave,

00:13:30.860 and I'll see you after the show.

00:13:32.480 Thanks, Corey.

00:13:33.340 All right.

00:13:34.040 This is our news editor, Dave Naylor.

00:13:36.060 And, yes, as you see, lots of stories busy, as always,

00:13:38.880 all sorts of things going on out there.

00:13:41.040 This is where I like to remind everybody the reason Dave's out there,

00:13:44.440 Jen, Jonathan Bradley, all those folks,

00:13:46.920 is because you guys have been subscribing.

00:13:48.360 We don't take government dollars, guys.

00:13:50.320 We thrive on advertising and subscriptions.

00:13:52.480 So if you haven't subscribed yet, get on there,

00:13:54.820 westernstandard.news slash subscription, $9.99 a month, $100 a year,

00:13:58.880 just like a newspaper subscription.

00:14:00.020 It's well worth it, and it keeps us rolling.

00:14:03.560 And, yeah, there's just lots and lots to cover,

00:14:05.760 and we put more news stories out than pretty much any other publication.

00:14:09.580 I know we put out more in the area in the West at this time with this full newsroom.

00:14:13.060 So, yeah, I see a commenter, Cheryl Dawn, there saying,

00:14:15.460 what happened to the pipeline?

00:14:16.300 Couldn't find it on the Western Standard Rumble channel.

00:14:18.180 I'm not sure.

00:14:18.580 I don't go to the Rumble channel that much.

00:14:20.440 I do know if you go to the YouTube channel and under our channel in live,

00:14:26.540 you'll be able to find all the pipelines there, though.

00:14:28.580 I imagine it should be on Rumble somewhere, but I'm not too sure, Cheryl,

00:14:32.300 but hopefully you can find it because, yeah, that's the show that we'll be on later

00:14:35.880 where we break down with a panel and discuss a few other things.

00:14:39.120 It was interesting with WestJet, and they're talking about that,

00:14:41.380 and, you know, they've basically come to a point of absolute no frills.

00:14:45.540 So, yeah, even if you want to carry on back now,

00:14:48.020 you'll have to pay a little extra for that.

00:14:50.700 But, you know, people get upset with airlines,

00:14:53.200 and I can understand because I'm not a big fan of them.

00:14:55.080 In my past incarnation, when I used to travel all through the States,

00:14:58.560 I used to get some of those horrible flights with 10 connections,

00:15:01.820 and it was just not an enjoyable experience.

00:15:05.000 You know, bad customer service, a bad time in general.

00:15:08.700 But at the same time, flying in a lot of ways,

00:15:11.360 even though it might not feel like it to some people,

00:15:12.960 is cheaper than it's ever been, guys.

00:15:14.260 It's not like it was when I was a kid.

00:15:16.640 30 years ago, flying was a luxury.

00:15:18.620 It's something you rarely did.

00:15:19.740 You didn't hear about people now who say,

00:15:20.960 oh, I'm going to fly out to Toronto for a couple of days

00:15:23.320 and come back after the weekend.

00:15:24.880 You didn't do that unless you were getting way up in the ultra-rich.

00:15:28.440 But the reason is because airlines have been responding.

00:15:30.580 That's why they've been getting rid of those frills all the way along.

00:15:33.220 The old days, too.

00:15:33.960 Yeah, you know, you used to fly on Ward Air and get proper silverware

00:15:37.620 and, of course, an endless drink service coming to your table.

00:15:42.220 But it was extremely expensive relative to the incomes of that time.

00:15:45.340 And now we've pushed it down to the point

00:15:47.200 where everybody's enraged at the lack of service,

00:15:49.260 but that's the only way you're going to get the cheap prices, too.

00:15:51.960 It's difficult.

00:15:52.880 I don't know.

00:15:53.540 WestJet, it's too bad.

00:15:54.540 They're not really the up-and-comer anymore they used to be.

00:15:56.680 I mean, they're another big airline.

00:15:57.900 That kind of happens with a successful company.

00:15:59.640 You're not the little cottage place anymore.

00:16:01.800 You've turned into who you were fighting to begin with.

00:16:04.640 But the good sign to see is, of all places,

00:16:06.960 Air Canada responding and competing

00:16:10.000 because that's the way to solve these issues.

00:16:12.280 Competition, that's the way to do it.

00:16:13.760 That's why Air Canada used to be so horrible 30 years ago.

00:16:16.660 They didn't have competition.

00:16:17.940 They were a government-run airline back then.

00:16:20.220 And they're still sort of coming out of that attitude.

00:16:22.620 To see the two of them kind of going at it

00:16:25.220 and competing for the amount of service they can offer you for what prices,

00:16:28.880 I think it is good for us, actually, in general.

00:16:31.340 Though flying these days, again, still is miserable.

00:16:33.920 I like the idea of fewer people having carry-on luggage

00:16:36.240 because that's one of the things I used to hate.

00:16:38.040 You land on the tarmac.

00:16:39.500 The guy in the seat next to you gets up, 0.95

00:16:41.180 and he's standing with his butt in your face, 0.87

00:16:42.820 and he's trying to get his giant bag that he stuffed 0.65

00:16:44.900 into the overhead compartment out of there,

00:16:46.800 and it's still 10 minutes before they're going to open the bloody door.

00:16:49.820 If there's no bags at all, I'm happier with that.

00:16:52.540 It makes the flight a little less miserable and unpleasant.

00:16:55.260 All right, I'll be miserable and unpleasant on some more things in a little while,

00:16:57.840 but it's time to get to our guest, and that's Dave Bradley.

00:17:00.720 He was on a couple of years ago, I believe we've had him on before.

00:17:04.320 And now I see he's listed as the strongest and best-looking

00:17:08.020 Bitcoin entrepreneur in Canada, apparently,

00:17:10.160 and I'm not sure who bestowed that title,

00:17:11.940 but it's a modest one without doubt.

00:17:15.380 But Dave Bradley is the authority on all things Bitcoin.

00:17:18.220 There's no doubt about that.

00:17:19.220 So welcome to the show, Dave.

00:17:20.900 Thanks for having me.

00:17:22.640 So I brought you on because you've got the upcoming,

00:17:25.540 and it's not your first one,

00:17:26.580 but this Bitcoin Rodeo is coming up in Calgary.

00:17:29.840 You've got a huge list of speakers.

00:17:32.020 This event's going to be going on for a while.

00:17:33.780 I guess if people are interested in all things Bitcoin,

00:17:37.000 that's going to be the place to go?

00:17:39.100 Yeah, so it's a conference that we're putting on July 2nd and 3rd.

00:17:43.200 It's downtown Calgary at the Grand Theatre.

00:17:45.640 It's a great, great venue that we've done some conferences in the past there as well.

00:17:50.740 And yeah, we've got an amazing lineup headlined by J.P. Sears,

00:17:54.560 who is like the most famous guy that nobody knows who he is,

00:17:58.400 or nobody knows what his name is.

00:17:59.600 He's that comedian with the long red hair

00:18:02.360 who's always making fun of the government.

00:18:03.780 Most people have probably seen him on TikTok and Instagram and whatnot.

00:18:10.320 And yeah, we've got an amazing lineup,

00:18:12.420 and we're aiming to really put on a conference

00:18:14.800 that kind of answers the question of like, why Bitcoin?

00:18:18.760 You know, it's easy to get lost in a technical topic like this,

00:18:23.320 but we're making this a non-technical conference

00:18:25.400 designed really for people that are kind of in the boat where you're at, Corey,

00:18:30.400 where it's like, you know, you're a little bit aware of Bitcoin,

00:18:32.860 but more importantly, you and probably a lot of your listeners,

00:18:36.760 and this is something that I've experienced in sort of like the freedom community in Alberta,

00:18:41.540 is that people have identified the problem that Bitcoin solves.

00:18:45.080 And namely, that problem is the out of control printing and then spending of money by our federal government.

00:18:52.820 And, you know, we're all sort of starting to feel that bite now.

00:18:56.720 Like a couple of years ago, probably even last time I was on your show,

00:18:59.980 if we were to talk to an average person about inflation,

00:19:03.800 you know, people have heard of it.

00:19:06.060 Maybe some people knew what it was,

00:19:07.420 but it was kind of like this nebulous thing that the government reports on

00:19:10.300 that like didn't really hurt most people.

00:19:12.940 And nowadays, it's like, you know, if you've been to the grocery store,

00:19:16.880 you can feel it, right?

00:19:18.500 Like a stake has tripled what it was five years ago.

00:19:21.700 And so now I think with the, you know,

00:19:26.220 very overzealous and ridiculous response that the governments of the world had to COVID,

00:19:31.160 there are a lot more people that are sort of starting to wake up to this idea

00:19:35.080 that maybe we shouldn't listen to everything that they tell us.

00:19:37.720 And Bitcoin, I think, is kind of the tip of the spear of the response to that.

00:19:43.960 So if you don't trust Justin Trudeau,

00:19:47.120 why would you use money that he can print for free?

00:19:51.680 Absolutely.

00:19:52.420 And it's certainly growing these days.

00:19:54.760 But I mean, one question I have then,

00:19:57.060 Bitcoin's kind of, it's the big one.

00:19:58.880 It was the first one on the block,

00:20:00.020 but there's a number of other currencies out there.

00:20:03.140 Why is Bitcoin the one to gravitate to versus the other ones?

00:20:07.440 Yeah.

00:20:07.820 So the other currencies, cryptocurrencies, as they're called,

00:20:11.080 are generally anywhere between a really bad idea and a scam.

00:20:16.020 And a lot of them are fueled by a lot of techno babble,

00:20:19.500 trying to dazzle people with technical terms that make them sound important and interesting.

00:20:24.760 But really what it all comes down to is just a single thing that separates Bitcoin,

00:20:28.460 both from all of those other currencies,

00:20:31.700 as well as all of the fiat currencies of the world.

00:20:34.220 And that's the fact that there's no one in charge.

00:20:36.160 So there's no one who can be like, I'm going to change the supply of Bitcoin.

00:20:40.680 Whereas with Ethereum, for example, the number two,

00:20:43.020 they have a literal conference call where they decide what the supply of the currency is.

00:20:48.040 And so instead of central bankers,

00:20:49.760 you have basement nerds deciding what the currency supply is.

00:20:53.220 And that might be better,

00:20:54.920 but it's still a problem.

00:20:57.820 Because if you give someone the power to print the money that you use, they will.

00:21:02.500 They'll print the money and spend it every single time.

00:21:04.520 And so Bitcoin is unique in that there is no one in charge.

00:21:08.680 And part of the reason for that is because very early on, it was worth basically nothing.

00:21:13.520 And so the founder either, I mean, a lot of people think he may have died,

00:21:17.000 but the founder has disappeared and certainly abdicated control of the project.

00:21:21.540 Whereas all the other ones have a founder who's there.

00:21:24.160 They have a board of governance.

00:21:25.400 They have a corporation behind them in most cases.

00:21:28.340 And really they're just, in most cases, more like a Ponzi scheme than an actual currency.

00:21:36.760 Yeah.

00:21:36.960 So Bitcoin, I mean, I actually took part in a program we had here at the Western Standard

00:21:40.960 where part of my salary would go towards come to me in Bitcoin.

00:21:43.840 And the standard was matching with it a few years ago.

00:21:46.240 And I didn't really pay much attention to it.

00:21:48.700 We just kind of let it build up and go.

00:21:50.560 And, you know, we had a look.

00:21:52.360 Probably we started watching about six months ago.

00:21:54.440 Whoa.

00:21:54.760 I mean, that's a healthy little fund that built up off to the side there.

00:21:59.080 Though, I mean, Bitcoin had its ups and downs and some volatility in the short term.

00:22:02.860 The general trend has been up.

00:22:04.300 But is that what somebody should look at Bitcoin for as more of a longer term place to put money?

00:22:09.360 Or is there more practical short term use for it too?

00:22:11.920 Yeah.

00:22:12.320 I mean, I would say that the most effective way to use Bitcoin is a long term savings tool

00:22:17.620 because it is very volatile.

00:22:20.180 And most things that we use are priced in dollars.

00:22:22.460 So it's important to us that our spending power in dollars is pretty constant over time.

00:22:28.780 So if you need to buy something major in a month, storing it in Bitcoin until then might not be the best idea

00:22:34.580 because your purchasing power could go up drastically or down drastically in that month.

00:22:38.360 Whereas, like you said, over a longer period of time, you know, there's never been a time when you couldn't buy Bitcoin,

00:22:44.780 wait five years and be massively up in dollar terms.

00:22:48.360 And part of that is, you know, the price of Bitcoin is going up as more people are speculating.

00:22:52.620 It's easier to buy.

00:22:54.240 We have ETFs around the world.

00:22:55.520 But really, the big driver to that is not actually that Bitcoin is going up.

00:22:59.220 It's that the dollar is going down, right?

00:23:01.320 Our dollars are becoming more and more plentiful.

00:23:05.960 The Canadian government has printed an absolutely unprecedented amount of money in the last four years.

00:23:11.460 We've printed more than any other G7 nation.

00:23:14.040 And we've really got addicted to this free, cheap money.

00:23:16.560 And you can see that with the Bank of Canada decision today where, you know, we're the first G7 nation to raise or to start to lower our rates in a time when, you know, governments all over the Western world, really all over the world, have been battling this inflation bug.

00:23:33.080 And, you know, we hear numbers like inflation is down.

00:23:37.520 And people assume in a lot of cases that means the prices are going to go back to where they were.

00:23:42.280 That just means they're not going up as fast as they were last year.

00:23:45.580 And there's also a lot of questions about how they measure that inflation.

00:23:49.720 And I think most people would agree that we're not in a we're not in an economy where we're in a reasonable inflation rate at all right now.

00:23:56.360 You know, if you're if you're spending money on the regular basis, you can feel those costs going up and up and up.

00:24:02.080 And this move back towards lower interest rates is just going to make that worse.

00:24:07.120 Yeah, well, and it's a it gets into a complicated realm.

00:24:10.520 Like they talk about the preferred inflation rate.

00:24:13.380 There's an assumption among economists that our society is supposed to work with a constant inflation rate.

00:24:17.800 It should always the value of the buying power of the currency should always essentially be going down.

00:24:22.260 And you've just got to hope then that your own income or investments or something is rising by more than the say they figure two to three percent is a good inflation rate.

00:24:31.940 But it means you're always kind of climbing uphill no matter what you do.

00:24:34.720 Yeah. And I mean, people can argue about whether a two percent inflation rate is good or not.

00:24:40.580 But I think the actual fallacy comes down to this idea that, you know, you can have some ivory tower economists pulling levers and managing the entire economy.

00:24:49.420 Right. Like that's just ridiculous. 0.93

00:24:50.900 And I think that's a fallacy that we've seen from our leadership around the world in a lot of areas where they believe that, you know, we can model, we can control, we can understand these extremely complex systems like the climate, an ecosystem, the ocean, the economy.

00:25:07.020 Like these are these are systems with way too many inputs for humans to understand, let alone control or effect in a meaningful, deliberate way.

00:25:16.560 And this particular fallacy is it goes right back to that same idea, the idea that the government can just control the entire economy by moving interest rates up and down.

00:25:28.000 And somehow that, you know, is going to lead to more prosperity for everyone. 0.93

00:25:33.460 I think that's a ridiculous idea. And I think that the idea of taking money away from the people who spend the money is is really the path out of this for us.

00:25:44.380 Yeah. So the practicality of Bitcoin, I got to admit, I just took the simple route, though.

00:25:49.640 I got it set up. It just goes in. It goes. I've never actually drawn from it.

00:25:53.460 I mean, eventually, presumably I'll want to convert it or use it for something.

00:25:58.140 It is getting more accepted and easier to do, but it's still kind of foreign to a lot of us.

00:26:04.560 Is there's more businesses accepting that or able to convert that now or?

00:26:08.500 Yeah. And so there, you know, we've been for the first 15 years of Bitcoin's life.

00:26:13.320 The main use case has been to store value.

00:26:16.520 And that's the core function of money really is it needs to be able to take the value you create with your time and store it so that you can use it later somewhere else.

00:26:23.600 And then once your money can do that, you want it to be a medium of exchange, which is what you're talking about now and being able to spend it at different places.

00:26:33.020 And, you know, some some companies that I'm involved in, like Bitcoin Well, that's been a sponsor of the Western Standard.

00:26:39.440 You know, one of the main things that we do is we facilitate that transfer.

00:26:43.920 So with Bitcoin Well, for example, you can buy just about any any major gift card on the Web site.

00:26:48.420 You can pay any of your your bills that you can pay in your online banking all with Bitcoin.

00:26:53.060 So we've got a bunch of tools to facilitate that stuff.

00:26:55.920 But there's actually another movement coming sort of in a grassroots way that that's going really well here, but it's popping up all over the world.

00:27:05.260 And that's sort of this like circular economy spending.

00:27:08.620 And so we're putting on an event, actually a little little market that's free to attend.

00:27:12.460 It's kind of like a flea market, farmer's market type thing that we're going to be doing on on Canada Day on July 1st, the day before our conference.

00:27:19.120 And, you know, we have a bunch of vendors come out that sell, you know, everything from beef to honey and knickknacks and whatnot.

00:27:26.980 And everybody takes Bitcoin.

00:27:28.100 And part of where this came from was this this idea that we've got within the Bitcoin community that, you know, we can see a lot of the like sort of communist dystopian policies that the governments of the world are planning for us.

00:27:42.960 You know, with the central bank digital currencies and the climate lockdowns and all this stuff that, you know, when they tell us what they're going to do, we should believe them.

00:27:51.500 And I think the idea that at some point we won't be allowed to buy more than a certain amount of red meat is not at all far fetched.

00:28:00.120 And so that was literally like that that that idea is where the market came from is we're like, I want to be able to have a place that I can buy my meat with money that the government can't stop.

00:28:10.200 And so, you know, buying beef from an Alberta rancher using Bitcoin, not in the government's currency at all, they're not involved in that transaction whatsoever.

00:28:22.160 And if they try to say you can't have red meat, they're going to have a hard time stopping us.

00:28:28.760 So there's going to be, yeah, it's a great way to get off the government's grid, basically.

00:28:32.620 I mean, the old way might have been, I guess, store some gold under your pillow and try and barter with your neighbors.

00:28:37.000 But we've moved beyond that. I guess the international value of this, I mean, this this coin doesn't recognize borders, right?

00:28:44.780 You can go country to country and it'll still be a useful currency for you in some ways.

00:28:49.460 Yeah, exactly. And we've seen that in a lot of places that have been troubled around the world.

00:28:53.860 Ukraine, Venezuela was a big one. There was a lot of people escaping from Venezuela because they had Bitcoin.

00:28:59.720 They were able to get out of the country as it descended into the communist hellhole.

00:29:04.000 Hellhole. And, you know, Bitcoin is one of only two currencies that is really accepted everywhere in the world.

00:29:12.820 Every single country in the world, you can spend Bitcoins, you can spend U.S. dollars.

00:29:16.400 You can find someone to change your Bitcoins into the local currency.

00:29:21.040 And that's not true for any other currency, really.

00:29:23.760 And so Bitcoin is a really global currency, but it's also a censorship resistant currency,

00:29:27.940 which is important in cases like what I described before.

00:29:30.800 You can walk across a border with a memorized set of 12 words that's just as good as carrying your wallet.

00:29:38.320 And there's no way for anyone to even know that you have those words in your head, let alone stop you.

00:29:44.120 True enough. I mean, you can't pickpocket somebody's Bitcoin typically unless you're doing something really stupid. 1.00

00:29:49.100 So just back to the rodeo before we wrap up. 0.99

00:29:52.560 I mean, J.P. Sears, I'm enough of a political dork.

00:29:54.420 Actually, I recognize that name the second you said it.

00:29:56.260 But for those who aren't familiar with him, I mean, you're not going to go wrong by watching him.

00:30:00.500 He's just hilarious. I love that guy.

00:30:03.340 But I mean, some of the other sessions you got going on, I mean, there's a whole giant list of speakers.

00:30:08.200 Are you going to be covering things like for people who are Bitcoin beginners or is this kind of advanced?

00:30:12.420 Or is there a bit of both? What are people going to get out of this?

00:30:15.020 Yeah. So we're aiming for it to be mostly targeting to people that are not yet Bitcoiners, that are potential future Bitcoiners.

00:30:22.880 And so we're going to have a lot of topics like like one of the ones that I think is going to be really good is why your small business should hold Bitcoin.

00:30:31.620 You know, so we've got a lot of topics that are about how Bitcoin can be useful to normal people in the real world.

00:30:37.220 And then we've got some topics that are also about like how Bitcoin is changing the world and how fiat currency is changing the world.

00:30:45.920 So another one that I'm really excited for is about how the debasement of money around the world is affecting our culture.

00:30:52.000 And I think if you if you follow the logic on that argument, you can trace it right down to, you know, all the ridiculous stuff that you guys were talking about in the in the in the lead in there where, you know, how ridiculous does stuff have to get?

00:31:07.100 How how much credibility do we have to give these people that are are performing all these ridiculous, this ridiculous acts?

00:31:15.640 And and this debasement of our culture ultimately comes back to the fact that our money, which is supposed to create a link between a person's actions and the outcome for their lives is broken.

00:31:28.560 It doesn't do that.

00:31:29.660 The idea of like the American dream, so to speak, where you can work harder, earn more money and have a better life doesn't work if a huge percentage of the value of the money that you're earning is being stolen by the federal government and spent on their pet projects.

00:31:42.800 And when people feel that lack of connection between their efforts and their outcome, it leads to kind of this this general malaise that you can see all across society.

00:31:53.340 And it it actually plays a role in this entire meltdown that we're going through in terms of, you know, the the the crumbling of our cities.

00:32:02.860 This all comes from fiat currency.

00:32:04.820 So we're going to hope to talk a lot more at the conference about what this actually means and and how important this is to everyone.

00:32:12.120 And I think people in the sort of freedom community, people who've woken up to the idea that we don't necessarily need to trust the government, that's like that's our ideal audience.

00:32:21.860 And so we've got a we've got a promo code, promo code Western Standard.

00:32:27.980 Anyone can can get tickets on BitcoinRodeo.com and that's good for $50 off with that promo code.

00:32:34.980 All right on.

00:32:35.920 So, yeah, I didn't know about the promo code.

00:32:38.580 Glad you threw that in while we're here.

00:32:40.340 And yeah, I was just going to ask on closing then.

00:32:42.620 So, you know, one more time, the date is going to be in Calgary and BitcoinRodeo.com is where to sign up.

00:32:50.320 Yep.

00:32:50.800 July 2nd and 3rd.

00:32:52.400 July 2nd and 3rd.

00:32:53.260 Well, thanks, Dave.

00:32:54.000 I appreciate that.

00:32:55.560 I hope the conference goes fantastically.

00:32:59.160 I'm sure it will.

00:32:59.800 This isn't your first rodeo.

00:33:01.800 And I appreciate you breaking all that down for us.

00:33:05.260 So, well, we'll look forward to the conference there and talk again soon.

00:33:10.020 Yeah.

00:33:10.160 Thanks for having me.

00:33:11.080 Take care.

00:33:12.660 So that was Dave Bradley.

00:33:13.820 As I said, all things Bitcoin.

00:33:15.380 And yes, the Bitcoin rodeo is coming.

00:33:17.280 And, you know, there's some good questions I saw in the comments.

00:33:19.360 Scroll.

00:33:19.660 I don't want to get into a debate about it because there's a lot of debate on the whole

00:33:22.780 things with all that.

00:33:24.000 I wanted to speak mostly on the upcoming, you know, Bitcoin rodeo conference.

00:33:28.320 It's a good spot if you had more questions about it as well.

00:33:32.120 Don asking about, yeah, you know, that was a good question about how's El Salvador doing

00:33:35.460 with that national Bitcoin thing?

00:33:36.720 Because El Salvador got so messed up, I think they decided to make Bitcoin like their national 0.99

00:33:41.020 currency.

00:33:42.100 I'm not sure, actually.

00:33:43.020 I'll have to look in to see how that all kind of came out.

00:33:45.320 Joseph, you know, has certainly got some strong doubts about it.

00:33:48.460 But what he mentioned is, what if the internet crashes?

00:33:50.480 How do you access your money?

00:33:51.420 Well, you know, realistically right now, all of us are so dependent on the internet.

00:33:56.900 I don't carry a heck of a lot of cash in my wallet anymore.

00:33:59.780 If the internet crashes like so badly that it's gone for weeks, well, we're going to be

00:34:03.380 in a catastrophe anyways, because my banks won't be able to give me any cash or money

00:34:07.660 or do any transactions or anything anyways.

00:34:10.200 So we're just as hooped.

00:34:12.020 One thing I'll say, when you talk about government control and you said,

00:34:14.900 any government can control Bitcoin, well, the government really wanted, I'm sure, to

00:34:18.080 get everything they could when they seized people's bank accounts in the past, but they

00:34:21.420 didn't get anybody's Bitcoin.

00:34:23.900 I'm not going to say that Bitcoin's bulletproof.

00:34:26.460 Who knows?

00:34:27.600 But it seems to be safer than keeping your money in the bank in Canada these days.

00:34:31.320 Anyways, I wouldn't advise everybody, of course, put all your money into Bitcoin.

00:34:34.500 That's not my role.

00:34:35.240 I'm not a financial advisor by any means.

00:34:36.860 I found it kind of neat, like I said, that just a little bit of a came off my check and

00:34:40.520 went into that Bitcoin account we started a few years ago.

00:34:42.560 And Bitcoin has really gone up like a crazy amount this last few years.

00:34:46.420 So that did quite well.

00:34:47.500 But if you look at the chart over the last few years, too, the Bitcoin value still has

00:34:50.700 some, you know, it's generally goes up, but it's got some big dips.

00:34:53.260 So if you're using it week by week to buy things, you can kind of hoop yourself, you

00:34:56.820 know, because you buy something with it one day and it turns out that the value of the Bitcoin

00:35:01.460 went up 20 percent the next day or 10.

00:35:03.200 Yeah, it's not quite that fast.

00:35:04.480 You know, shot up.

00:35:05.240 You might not do well with your purchase on it.

00:35:08.020 But it's an interesting development in anything.

00:35:11.200 I think personally, I like it as a hedge, you know, for what I've got.

00:35:14.920 I know I've got something that's in a side savings account that is independent from the

00:35:19.560 fiat currency of our current government.

00:35:21.680 Similar, I guess, though.

00:35:22.780 I mean, as Joseph said, you know, metals, they're a good idea.

00:35:25.340 Gold, silver, things like that have something that's outside of the government control.

00:35:32.380 You know, maybe they'll end up controlling it later.

00:35:34.620 I don't know. 1.00

00:35:35.400 Our government's too stupid, I think, to break into Bitcoin. 1.00

00:35:37.580 They can't figure that out. 1.00

00:35:38.880 I mean, again, look at the prime minister.

00:35:40.900 But either way, if you're interested, hit that conference.

00:35:44.820 Don't forget Western Standard.

00:35:46.160 That's the promo code to put into it and you'll save yourself 50 bucks because there's like

00:35:51.680 got to be a couple dozen speakers over those couple of days.

00:35:54.320 So they'll answer a whole heck of a lot of questions on it.

00:35:57.160 Much better than I would be able to. 0.84

00:35:59.000 But, you know, speaking of economic retardation and foolishness, let's talk about the NDP. 0.98

00:36:04.840 Hey, Jagmeet Singh, you know, the champagne socialist who likes to stand up there in his

00:36:10.420 $2,000 tailored suits with his Rolex, you know, next to his sports cars to tell us all

00:36:15.700 to tighten our belts and live in a nice socialist world.

00:36:18.340 But they've got their big thing.

00:36:19.540 They've made it their hill to die on the whole grocery pricing thing, the issue. 1.00

00:36:25.760 And it's just so friggin' stupid. 1.00

00:36:28.100 I'm getting sick to death with people losing it at grocery retailers. 1.00

00:36:34.240 I know Galen Weston isn't a nice guy.

00:36:37.560 I know that Loblaw's had a record profit.

00:36:40.580 Who cares?

00:36:41.320 Buy shares in it then, you wimp. 0.94

00:36:43.320 God, bitching about somebody making a profit. 1.00

00:36:45.220 It's not a bad thing.

00:36:46.680 And guess what?

00:36:47.280 That record profit, yes, it's in like a one or two billion level.

00:36:51.140 But the margin, people, the margin, use your economic common sense.

00:36:55.700 Their margin is under 4%.

00:36:57.920 The reason the profit is in the billions is because they're selling hundreds of billions

00:37:02.080 because there's hundreds and hundreds of outlets across the country selling groceries

00:37:05.960 to millions of people.

00:37:07.600 They don't have much room to move on the prices.

00:37:10.800 We have a problem with higher prices.

00:37:13.120 We covered a little of that when talking to Dave. 1.00

00:37:15.660 It's because our idiot government is printing money and borrowing money so fast that your dollars 1.00

00:37:20.380 aren't worth a crap and everything goes up, including your food. 1.00

00:37:23.940 The reason people get upset about it when it comes to food is, of course, food's a need. 0.56

00:37:27.700 It's not one of those things you can say, well, I'll just stop buying groceries for a couple

00:37:30.960 of months until things stabilize or I get a little more money.

00:37:33.680 No, you have no choice.

00:37:34.740 You've got to keep buying it.

00:37:36.340 And you end up finding yourself buying less or buying stuff of a quality you wouldn't want

00:37:40.720 because you can't afford it.

00:37:42.540 You get concerned.

00:37:43.600 Fair enough.

00:37:44.180 But direct your ire in the proper direction.

00:37:47.600 It's not the retailers, guys.

00:37:49.500 It's not.

00:37:50.680 It's been studied.

00:37:51.900 The Competition Bureau dove into it.

00:37:54.160 Even Prime Minister Ding Dong thought, we've got something here for sure.

00:37:56.720 So he directed the Competition Bureau to investigate and dig in.

00:37:59.780 And the Competition Bureau came out with a report and they said, yeah, their profits

00:38:03.680 are actually modest.

00:38:05.740 It means they don't have room to cut the prices.

00:38:08.760 But Jagmeet Singh's putting another motion in Parliament today.

00:38:12.160 It'll probably fail.

00:38:13.160 I hope so. 1.00

00:38:14.240 Even the Liberals aren't this stupid. 1.00

00:38:15.540 But basically saying they want to force grocers to either reduce the prices of their food. 0.99

00:38:21.200 Yeah, force them to reduce the prices of their product or they're going to cap food prices. 1.00

00:38:27.560 This is the height of stupidity. 1.00

00:38:29.240 This is dumber than anything I even expected out of Jagmeet. 1.00

00:38:31.560 He's pretty friggin' dumb. 1.00

00:38:32.620 Anybody who's a socialist can't be that bloody smart. 1.00

00:38:34.780 At least not economically. 0.85

00:38:35.620 How well did they eat in Russia, guys?

00:38:39.920 The food prices were capped there.

00:38:42.100 Venezuela capped their food prices too, guys.

00:38:44.280 How did that go for them?

00:38:45.940 Oh, yeah.

00:38:46.740 In Venezuela, they literally ate their zoo animals.

00:38:50.140 That's how bad it got.

00:38:52.180 You've got to leave the supply chains alone. 0.99

00:38:54.420 This government is incompetent. 0.94

00:38:55.820 This government is, any government's incompetent. 0.95

00:38:59.120 Keep them out of your food supply chains.

00:39:02.120 You cap the prices on these things.

00:39:03.900 You take away the profit from the retailers.

00:39:06.060 Guess what's going to happen?

00:39:07.440 They will close their doors.

00:39:09.140 It's as simple as that.

00:39:10.660 They are millionaires or billionaires who own it.

00:39:13.220 But people also forget, who's the majority of shareholders?

00:39:16.120 Pension plans.

00:39:17.160 You own those grocers too.

00:39:18.960 The Canadian pension plan owns a whole pile of Loblaws stock.

00:39:23.880 So if you plan to take CPP, actually a little bit of that profit's actually coming to you.

00:39:28.040 You're a shareholder in them.

00:39:29.540 But if they can't make money, they can't.

00:39:32.040 And when you're running on a lower than 4% profit margin, and you've got a foolish government that forces you to lower prices, you close your doors.

00:39:40.380 They're not a charity.

00:39:41.680 So then what happens?

00:39:43.360 Where does our food come from?

00:39:44.920 Whose sources?

00:39:45.780 When you go into a store and find literally thousands of items and brands, who's going to organize that?

00:39:52.120 Once the big retailers say, we're done, we're out, we're pulling out.

00:39:55.600 You've got to remember the, again, you know, the fart catchers of Trudeau who felt he was on to things and smart and, you know, constantly villainizing our grocery chains and such and trying to imply that they're gouging Canadians and screwing them.

00:40:10.680 And that there's huge money being made and huge record profits.

00:40:13.640 And they came out publicly and said, we're going to get some big European grocery chains to come out here to Canada and set up shop and compete with these guys.

00:40:19.960 Guess how many European chains have come out so far?

00:40:23.460 Yeah, goose egg, zero.

00:40:24.620 Not a single one.

00:40:25.700 Who in their right mind would want to relocate to a country with a government that's talking about forcing you to cap your prices at a certain range?

00:40:34.700 With a government that's going to call you virtually a criminal for having a profit margin of under 4%.

00:40:42.220 If you've got a problem with profit margins, fine.

00:40:45.640 Check out the banks.

00:40:47.240 Their profit margins are around 20%.

00:40:49.320 Look at the margin.

00:40:50.800 That's when you know if you're getting screwed as a consumer or not.

00:40:53.440 Not the gross profit number.

00:40:55.360 Look at the margin.

00:40:56.680 Because that's where they've got room to move on the price, if they're going to have room to move on the price.

00:41:00.440 And I don't want government to intervene on large profit margin area of business either.

00:41:06.000 I'm just saying if you are ticked off about paying too much for things in the world, look in the right directions.

00:41:11.860 You want to know one of the highest profit margin industries in Canada?

00:41:16.620 Dairy farmers.

00:41:17.460 Yes, they're well over 20% profit margins because they've got that protected supply management system where they literally make it illegal to sell more than a certain quota.

00:41:27.180 And it forces the prices to stay higher and it keeps their margins higher.

00:41:30.500 Is that better?

00:41:31.340 Because that's what happens when government controls the price.

00:41:34.800 Then the best lobbyists get the money.

00:41:37.520 And the consumers, as always, take it up the tailpipe.

00:41:41.120 Because we've got some of the most expensive dairy on the planet in this country.

00:41:45.300 We've got a huge agricultural country, all these lands, and we pay a fortune for it.

00:41:50.280 That's what happens when government starts getting into the food business just on a micro level.

00:41:53.500 Now, think of if these dingbats manage to make Loblaws pull out or Walmart. 1.00

00:41:58.840 And they will do it eventually.

00:42:00.180 We've seen it in the States, you know, with some of these, it wasn't the price controls going on, 0.98

00:42:05.160 but it's when you had these idiotic areas like San Francisco and Portland and progressive areas that, again, villainized the large business owners. 0.99

00:42:12.940 And they basically said, we're going to let the shoplifting go. 0.99

00:42:15.960 We aren't going to intervene.

00:42:18.000 We're going to let the thieves just keep stealing from you.

00:42:21.780 So they closed.

00:42:23.100 They closed.

00:42:23.820 They said, well, that happened in Chicago, too.

00:42:25.500 Well, we're out.

00:42:26.280 We're gone.

00:42:26.780 They closed.

00:42:27.280 Then the community doesn't even have a large one. 1.00

00:42:30.220 And then you listen to the, it shows the stupidity of the progressives. 1.00

00:42:33.060 It shows the stupidity of the identity politics. 1.00

00:42:35.500 Because I remember some of the howlings, too, they're saying, they're all moving out of the racialized neighborhoods. 1.00

00:42:39.980 And it's racism is why they closed the doors.

00:42:42.240 No, it's not.

00:42:43.500 It's because they were getting robbed blind.

00:42:45.420 And the government was saying, we're not going to protect you.

00:42:49.340 They were saying, essentially implying that you have a moral right to steal from them.

00:42:54.160 We had a movement in Canada here. 0.94

00:42:56.380 I mean, they've been doing that boycott Loblaws crap for a while. 0.91

00:42:58.360 It obviously failed. 0.85

00:42:59.280 But they've been talking about having this national shoplift from Loblaws Day.

00:43:03.880 They really were.

00:43:04.400 There was people trying to organize that.

00:43:06.180 You have people organizing, trying to get other people to break the law.

00:43:10.000 What the heck is our society doing?

00:43:12.160 What have you gotten to there?

00:43:13.340 And we're not talking about some obscure law, parking tickets, or something that's questionable.

00:43:18.000 Stealing the property of another.

00:43:20.820 Simple, basic law.

00:43:23.520 It cannot be allowed to happen.

00:43:25.080 Yet, I didn't see anybody charged for trying to organize that.

00:43:28.000 I mean, wouldn't that be trying to counsel committing a crime?

00:43:30.820 Is it impossible to track down who was trying to organize that?

00:43:33.320 Though I don't think it amounted to anything anyways.

00:43:34.820 Because thankfully, most people weren't bloody thieves anyways. 0.93

00:43:37.820 But just this foolishness. 0.99

00:43:39.700 So when Dave was talking about, you know, how stupid government is, and, you know, wanting to keep your funds as clear of them as possible, there's one of the examples. 1.00

00:43:49.740 Here's another one. 0.99

00:43:50.360 This has been a good one, too, right?

00:43:51.720 So the CRTC, this is one of the big areas of the Trudeau regime in the last few years, too.

00:43:55.440 Controlling information, controlling media, controlling the messaging.

00:43:59.000 Of course, any dictator wants to do that.

00:44:01.920 They don't like hearing outside voices.

00:44:03.100 So now the CRTC, emboldened by crap like Bill C-68, C-11, all these other controlling bills, has said they're going to require online services to contribute 5% of the Canadian revenues to support the Canadian broadcast system.

00:44:16.820 In other words, we're going to steal 5%.

00:44:18.480 I'll call it theft.

00:44:19.880 They're going to steal 5% of what they make from Netflix, Disney.

00:44:23.320 You see, it gives, is that, you know, that demonization of the service.

00:44:27.600 Well, Netflix is big and Disney's big.

00:44:29.340 Well, guess what?

00:44:30.040 The little mom and pop streamers don't exist, guys.

00:44:32.880 There's only big ones.

00:44:33.880 And you all wind your heads off when Netflix raises their prices by $1 or $2 a month.

00:44:38.560 Well, why do you think they will?

00:44:40.060 So when the government's going to steal 5% of their revenues, they're going to raise the prices even further.

00:44:45.420 And then, oh, yes, they're going to give that to support the Canadian broadcasting system.

00:44:48.960 Oh, good. 0.96

00:44:49.820 So that'll go towards more, you know, what, CBC-style gems of crap that nobody wants to watch. 0.94

00:44:57.380 That's the only way those things get produced. 0.81

00:44:59.060 They don't get produced based on people actually wanting to consume the content.

00:45:02.360 They just get produced because they get a grant from somebody in the government.

00:45:06.000 And they've stolen that money from the streaming services.

00:45:07.920 So nobody cares. 1.00

00:45:08.880 They'll make a stupid documentary or a bad comedy or whatever that nobody's going to view. 0.99

00:45:14.840 But as long as they got the paycheck from stealing 5% from the streamers who actually provide citizens with what they want to watch, the grifters will come out and they'll make those things. 0.99

00:45:24.300 As Ian Leslie said, somebody's got to pay for the CBC.

00:45:26.020 Yeah.

00:45:26.300 And this is above and beyond, though, right?

00:45:28.020 The CBC is already taking, what, $1.4 billion a year in tax dollars.

00:45:32.060 $1.4 billion.

00:45:32.940 And then they steal, and I'll call it stealing again, because if you get that much in tax dollars just to pay for your operations, they sell advertising for hundreds of millions a year, too.

00:45:42.120 But that's stealing it from the private market because the private broadcasters can't compete with them on advertising dollars.

00:45:47.480 I mean, when you get a billion in the bank, you can really undercut the advertising rates.

00:45:52.200 And this disrupts the market.

00:45:54.420 This makes for worse content.

00:45:57.060 This is the cycle.

00:45:58.240 This is what it leads to.

00:45:59.380 The incentive, again, isn't to make a better production that people want to pay for or that streaming services want to carry.

00:46:06.760 Now the incentive is, what's the best application I can put forward to the Heritage Department to get my grant to make my production?

00:46:14.600 They don't worry about whether people want to watch it.

00:46:16.220 They just want to make sure all the DEI checkboxes are hit. 0.63

00:46:19.240 And then they'll get their check, and they'll make some piece of garbage that nobody will watch. 0.88

00:46:23.060 But you will get to pay for it, guys. 0.98

00:46:24.940 You.

00:46:26.160 Because, again, Netflix, Disney, Prime, they're charities.

00:46:30.260 So when the government starts stealing more of their earnings, revenue, and profit, they're just going to pass it down to you.

00:46:36.360 And here's another one.

00:46:37.140 The liberal NDP bill, getting back to that speech, getting back to control.

00:46:41.140 They want to ban pro-oil speech.

00:46:43.640 They really do.

00:46:44.120 This was stuff that Charlie Angus, one of the nuttier NDP MPs, came out with a while back.

00:46:49.040 Said he wanted to make it illegal for oil companies to say nice things about the way they do.

00:46:51.980 Well, this liberal NDP bill now, Angus was shut down because, oh, my God, that's too insane.

00:46:57.720 That's over the top.

00:46:58.280 It's over the edge.

00:46:58.740 Well, now that Singh and Trudeau were cuddling in bed together and thinking about it, hey, we could control those oil companies.

00:47:05.940 So, yeah, they want to basically fine oil companies for daring to point out on how they've been reducing emissions or how they've been doing anything good.

00:47:15.120 They want to gag them.

00:47:16.220 They want them to look at their shoes and apologize for giving you a service that keeps you from freezing to death in the winter.

00:47:21.640 It keeps your lights on and keeps your vehicle running.

00:47:23.800 And, of course, employs hundreds of thousands of Canadians, brings billions and billions into the economy, funds all your bloody social welfare programs. 0.99

00:47:33.420 But we've got to call them jerks for having dared done so. 0.99

00:47:39.100 And they are not allowed to defend themselves. 0.99

00:47:41.300 That's scary.

00:47:42.000 The government's banning self-defense verbally for these companies.

00:47:45.660 This is insane.

00:47:47.260 But, again, insane, right?

00:47:48.680 The other thing, one thing I'll leave off on another note, every party dead silent on foreign interference.

00:47:54.800 It sounds like every party might have an MP or two who's been compromised by foreign interests.

00:48:00.280 I don't care which party it is. 0.98

00:48:01.940 Name the bloody names. 1.00

00:48:03.360 This is insane. 0.97

00:48:04.720 The stuff we've got going on in this country.

00:48:07.160 All right.

00:48:07.580 Well, I'm all out of ranting time.

00:48:09.680 I have one comment from one of our commenters.

00:48:11.300 I'll read one more time.

00:48:12.080 Are they going to ban the Edmonton Oilers because it promotes oil?

00:48:15.300 We'll see.

00:48:16.040 I wouldn't put it beyond them anymore.

00:48:17.500 So either way, guys, again, make sure to take out a subscription, westernstandard.news slash subscription.

00:48:22.000 This is how we keep rolling.

00:48:23.300 Watch the pipeline.

00:48:24.820 The three of us will be on breaking down some more issues later tonight.

00:48:27.440 Of course, it'll be on all our channels.

00:48:28.940 Share these channels.

00:48:29.740 Get more people out there.

00:48:31.020 This is how we can beat the old legacy media and the government, staying independent.

00:48:35.140 So thank you all for tuning in today, guys.

00:48:37.520 And I will see you all again at this time next week.

00:48:47.500 We'll see you all again at this time next week.

00:49:17.500 We'll see you all again at this time.

00:49:18.620 Here we go.

00:49:19.480 Here we go.

00:49:20.440 Here we go.

Western Standard - June 05, 2024

CMS： Has the Pride movement become irrelevant？

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