0:02

What's up, everyone? This is Anthony pompliano.

0:04

Most of you know me as pump. You're

0:06

listening to the pump podcast. Simply

0:08

the best podcast out there. Now. Let's kick

0:10

this thing off. Sakura. Enjeti is

0:13

the co-host of Breaking Point with Crystal in

0:15

Saginaw. He is one of the leading voices

0:17

when it comes to the intersection of politics

0:19

and media. In this conversation.

0:21

We talked about Bitcoin media

0:24

coverage of Bitcoin the political Arena

0:26

and also how the

0:28

Bitcoin Community to be thinking about legislation

0:30

and politicians going into MIT.

0:32

elections

0:33

I. Really enjoyed this conversation with Sagar

0:35

and I hope you enjoyed as well before

0:38

we get in this episode go, want to quickly talk about

0:40

our sponsor's first stop is Block. By

0:42

Block Five provides financial products for crypto investors,

0:45

those products include a high yield interest account

0:47

or U.S. dollar loan product against your crypto collateral

0:50

and new fee cryptocurrency trading.

0:52

Product What, if also just released

0:55

brand new bitcoin rewards credit card's normal

0:57

credit card that when you swipe it you get bitcoin

0:59

back rather than cashback or airline. Miles

1:02

I'm an investor the business am very happy

1:04

user the block five bitcoin rewards credit

1:06

card because absolutely amazing. to start

1:08

earning today go visit block vi dot

1:10

com slash pop again block

1:12

five dot com slash pump i've got the credit card

1:15

i love it think you will to block five dot

1:17

com slash Next up

1:19

is choice is time to stop paying

1:21

capital gains taxes on your bitcoin in choices

1:23

here to help preserve, rebuilding

1:25

the way the corners approach retirement by making it

1:27

possible to invest in bitcoin and nineteen

1:29

other digital assets inside your ira

1:32

Right now, every time you make a trade, you have to pay

1:34

capital gains taxes that can be as high as thirty

1:36

seven per cent. Enable you

1:39

to trade real because other corrupt as and

1:41

start without having to pay dime

1:43

and capital gains the best for the

1:45

just listen I was at see you can open an

1:47

account in less than ten minutes and take control

1:49

of your future from the palm of your hand. Join

1:52

me in the twenty thousand or the big ones has

1:54

started their tax efficient staff and open

1:56

your choice account threat certs.

1:59

stacks sad The app store or

2:01

visit choice aap dot ios last

2:03

pump against are stacked sat

2:05

in the app store or visit Choice aap

2:07

dot ios pump and.

2:10

one more thing if you want to watch a private keys

2:12

choice lets you do that to start stacking

2:15

sacks efficiency so she's today and

2:17

visit choice aap dot i owe

2:19

slash part Last

2:21

but not least from my friends over at Circle. If

2:24

you manage corporate or institutional funds, you're

2:26

probably looking for ways to access opportunities

2:28

in crypto. You see the growth and momentum and

2:31

you want exposure. But a lot Institutions

2:33

don't know how aren't comfortable with the sub

2:36

Bitcoin or defy. Now,

2:38

there's new investment is built specifically to

2:40

help institutions get digital assets

2:42

it's called Circle You. The block

2:44

chain based investment built with you as DCC

2:47

the leading dollar digital currency circle,

2:49

yield is over collateralized and fully secured

2:51

with bitcoin collateral to protect your funds.

2:54

this also makes it also great fit for crypto institutions

2:56

you want to diversify their treasury's and

2:58

reduce risk or staying old

3:01

are insane

3:02

You get your choice of terms from 1 to

3:04

12 months, in a fixed rate, that's higher

3:06

than what you'll get at bank or mini fixed-income,

3:09

markets, visit circle.com,

3:11

pump to book meeting with one of their experts

3:13

again. Circle.com pump

3:16

and book. A a meeting with one of directors,

3:18

big fan of circle. I think you will

3:20

be as well. All

3:26

views of him and the gas on his podcast

3:29

are showing their opinion and do

3:31

not reflect the opinions of Pop Investments.

3:33

You should not treat any opinion expressed

3:35

by pomp or his guests as a inducement

3:38

to make particular investment, or follow

3:40

strategy, only as an expression

3:42

of his personal opinion. This podcast

3:44

is for informational purposes. Only. I'm

3:48

here. Let's go. Let's

3:51

go dude. Alright first

3:53

question. You

3:54

guys have become, what I would

3:56

argue is the go-to

3:58

source. Or

4:00

ah, people to find out about. Takes

4:03

news breaking news, etc

4:06

people are done listen and CNN (MSNBC)

4:09

Fox News. These people were

4:11

catering to the sixty and up crowd.

4:14

What's the goal here by what a

4:16

you want, breaking points to be calm and

4:18

how do you think about like the journey that you guys

4:20

wrong? It's a great question man

4:23

you know team all we do legally questions here just

4:25

to be clear to sort of do I guess lol we

4:27

do is great questions ago had right,.

4:30

and that's always that's tech right as an interviewer

4:32

i always notice that people always say that's always now find

4:35

myself in the same thing but look here's

4:37

what it is that too many people

4:39

have branded themselves outside

4:41

of themselves mainstream I don't think that that's

4:43

the correct branding, what it'a a or even

4:45

the correct mission the mission is to

4:47

replace the mainstream, that's why I love

4:49

what you guys do, that's why ultimately

4:51

love and have our have a big. Then.

4:54

"Message of coin and lot of the crypto

4:57

community which resonates with me the most is

4:59

not Charlie the antagonism. Although

5:01

I think antagonism is important. It's

5:03

simply to replace the existing centers

5:06

a power. I can see with

5:08

my own eyes. What's happening with CNN and the

5:10

New York Times what, you know, MSNBC

5:12

all these BS streaming services

5:15

that they're launching. can't wait.

5:17

want them to fail want

5:18

them to actually compete in the

5:20

free market. This is what's happening now.

5:22

Is it the Internet All

5:25

of us from the chains of a rigged

5:27

system back. And I to explain this to people,

5:29

which is that these cable places. They

5:31

don't make any money from actually

5:34

your eyeballs. They make money because

5:36

Cox Communications and Comcast

5:39

pays them to be a of the

5:41

Cable Bundle. Now, old

5:43

people like live news and

5:45

look, I got to say it like it is valuable right

5:47

turn the TV on. On on January 6th,

5:49

turn the TV on during these like, BLM

5:51

riots turn the TV on during 9/11

5:54

live news is crazy, but the problem

5:56

is it's not actually what 99.9%

5:59

of the time. They. Fill it with Bs

6:01

and this has gone to the heads

6:04

of a lot of the idiots here in Washington who think

6:06

that people actually want to watch them, but it was. Rigged

6:09

it was completely rigged game and so

6:11

now out here in the You Tube ecosystems

6:13

in the Internet, where you actually it's compete

6:16

for eyeballs and attention. Nobody

6:18

cares. Absolutely no

6:20

one and this is.

6:21

Then. New mainstream is going to be for people

6:23

our age for people who are younger, I have a big

6:25

jazzy fan base as well they don't care

6:27

about CNN like I am. The news to those

6:29

people and think that's the way it should be, set

6:31

to compete, actually compete for

6:33

not only for your attention span, to try and

6:35

form you. On a level playing field, I think you're

6:38

hitting on a number of points your first is or

6:40

they're all going to close network yet to be on cable

6:42

to watch them. Right, if you don't watch it and in the

6:44

moment, the pretty much not going to see majority,

6:46

the contents ah are all the

6:48

issues that we know go on A.

6:50

when you go to the open network rights open

6:52

networks when people in bitcoin understand all the networks

6:54

win over closed and same thing here the media's

6:56

ah you're ah very interesting

6:59

because you live in washington dc you're very

7:01

plugged into what's going on there how stupid

7:03

are these people My ongoing would only gone

7:05

the AHA makes just so everyone understands

7:08

where my brothers and I are very cool with almond independent

7:10

think they're both sides are you actually ridiculous

7:12

at the extremes frankly think most people

7:15

my. age and younger are just get into depositors

7:17

like look that enough is enough this is absurd

7:19

with israel things at play here and all

7:21

this kind of poor ah political divisiveness

7:24

excesses really stupid by you talked

7:26

a lot of people on daily basis you need to give me nice

7:28

bike or they actually dumb or are

7:30

they like so smart they know what they're doing

7:33

and it just kind of leading the american public into

7:35

like the summer house

7:37

No. Ninety nine point five percent are

7:39

just complete and utter Moron Same

7:41

is really important to understand

7:44

the pipeline through wish that these people

7:46

succeed, which is that you

7:48

are in the. District You're a lawyer,

7:51

the way that you want from usually lawyer

7:53

or some like prominent businessman span

7:56

you court the party elites all

7:58

you have to do is win. Then. Primary:

8:01

Okay, that's it the most of these elections,

8:03

something like ninety something percent are not

8:05

competitive, their decided whether you have an R

8:07

or D next year name so the only.

8:09

Thing that matters is the primary itself, so

8:11

you have to cater to, let's say, five

8:14

to seven percent of the actual population

8:16

of the district in order to represent the

8:18

ninety. Nine, it's actually not all a competitive

8:21

and mostly rigged: I have either the party

8:23

elites or, you know, you can have a stupid

8:25

contest in terms of are appealing

8:27

to those. Five to seven percent and then basically

8:30

winning once you get here once you get

8:32

here, you have zero incentive to inform

8:34

yourself about the broader world at

8:36

all, all of these. People either spend their time

8:39

fundraising, they don't actually spend their time

8:41

engaging with the news or the broader

8:43

public, I mean, frankly think the crypto

8:45

community found this out the. Hard way or

8:47

during all of the regulation during infrastructure

8:49

bill is in, I've been telling people how

8:51

popular met Miami, no telling you little

8:53

bit about this, which is was. Like he got to be

8:56

here. You've got to shove it in their face

8:58

and say, "Hey, we matter, we're real, this

9:00

is where the future is because build. Wake

9:02

up one day, decide to say. Then. Money

9:04

for some be as part of their bill

9:07

and in of half the shit audio and they'll do it

9:09

either their attacks it or they'll regulate

9:11

it in a way that. They don't understand they have

9:13

no actual expertise, they

9:16

don't actually seek knowledge on anything,

9:18

almost all of them are concerned with

9:21

becoming famous or becoming

9:24

and winning their primary.

9:25

That's. It or becoming money curiosity

9:29

is not rewarded in Washington, in fact,

9:31

is punish it's dramatically punished, stepping

9:34

outside of your box, yeah, it's crazy thing

9:36

about this or it's so. taught me a breaking point

9:38

for equal before we get into kind of bitcoin, so the other stuff, how

9:40

big is this thing in my tux, you know what seven

9:42

eight months? "Old now and you guys, yeah, I'll take the world

9:44

by storm literally going right at the throats

9:47

of Fox", CNN msnbc

9:49

says as he smirks I know you're like he has. done

9:51

more do it's ah how big is it

9:53

might have you thought about the first seminary months?

9:55

Yeah, I was stunned by it, you know, mean look,

9:57

was scared at the end the day like was worried.

10:00

About? [Censorship] You guys are better deal with this

10:02

as well, but was like, you know, what we put into

10:04

years, build the audience, built the Hill Channel

10:07

from six K Sobs. To one

10:09

point, three, four million on the day that

10:11

we lack so luck, seven months and were seven

10:13

hundred k subscribers on you tube

10:15

by the daily numbers are well

10:18

above. An average CNN PrimeTime

10:20

broadcasts at least one million whenever

10:23

it comes to the actual view

10:25

or that whoever comes to views and also

10:27

within what really matters in

10:29

news is something. Called the key demographic, so

10:32

this is the B.S. part, like all of these

10:34

foxy and all that they may say three million,

10:36

it doesn't matter the only thing that actually.

10:38

Matters are the see demo,

10:41

the eighteen to fifty four demographic

10:43

for even talker or Rachel

10:45

Maddow, the highest paid people

10:47

the biggest news on broadcasting, they

10:50

are one fifth of what. Breaking

10:52

point is actual key demo audiences

10:54

and that's not even including speed millions

10:57

of down was a monster come on the

10:59

podcast format from Spotify

11:01

to I tunes, mean this. Is what you're saying

11:04

this is about the open ecosystem you

11:06

don't have to watch?

11:07

Me live, you can watch it whenever you want

11:09

after, can be the. I actually noticed my

11:11

podcast download: "There's some people who

11:13

wait until the weekend and then listen

11:15

to all three of the episodes,

11:17

not the way would consume news for, hey,

11:20

whatever you know. Up to you and

11:22

think that the important thing so.

11:25

If bigger than ever imagined within

11:27

seven months we basically blew

11:29

out all of our one year goals within

11:32

the first two weeks of watching him.

11:34

making sure that we were going to be sustainable

11:37

and it's only been know it's only

11:39

been up from there so luck

11:41

i mean people showed up or us a big way

11:44

and made it even possible and now

11:46

i'm just you know now i've got ideas and like

11:48

okay now we've actually got the ability

11:50

and the base or to upgrade we upgraded

11:52

our studio forte cameras i literally

11:54

was telling you this from what understand

11:57

the engineers who helped build my studio

11:59

told me Then we have higher tax. Then

12:02

CNN, MSNBC and then.

12:04

The whole lot of playing field now have you seen

12:06

at how pissed as I Fox seen in

12:08

MSNBC, it's do even know this is

12:10

happening or the like reaching out to kind of backed

12:13

similarly be in my hey this is and cool.

12:15

Though it's really fast,

12:17

you know what I'm saying is like, first, they ignore

12:19

you, then they copy you that ya it's like they are

12:22

be something like that ah the A.

12:24

The prestigious wanted to nice they will

12:26

ignore ignored nor for the first two years not

12:28

just breaking points whenever we were over at

12:30

the hill but here's was started happening

12:33

and Crystal on I would.

12:35

notice that those people

12:37

their friends and family members who are

12:39

into politics and all would say something

12:41

like hey Guard Chris on

12:43

such, and would get. You know, things like

12:46

all seems like you know issues like a really working

12:48

that type of thing. Then. What happened

12:50

is now transition to anger and has been

12:52

like total blackout, but I'll be honest

12:55

like I welcome their hatred and frankly

12:57

like I've even said this the more. You guys

12:59

ruin the country the better do like,

13:01

and I'm doing better or because

13:04

you guys are so terrible at your job,

13:06

so we are in a mutual kind of. Antagonism

13:09

phase where you know the truck

13:11

it's all very inside baseball and sounds

13:13

for Petty, but because I speak

13:15

Washington like know what's going on

13:17

like they try, they try. To leave us off of like the

13:20

most influential people and media

13:22

list of, even though they put people on

13:24

there who are like a junior correspondents

13:27

or whatever it's like a. B. C. News,

13:29

see, try and blackie wow have any of the

13:31

recognitions and the societies in

13:33

the accrediting situations, but

13:36

look, I don't care number speak for themselves

13:38

at the end. "Of the day they know when they go home for Thanksgiving

13:40

or Christmas, and they talked to somebody who

13:43

is not inside the beltway at all, there

13:45

can be okay", watched. Breaking point: The saga.

13:47

I'd forget their societies us get our own

13:49

society who was the hang out with asthma miners

13:51

anyways, yeah, his his, his sad

13:54

that my as my approach and lights I

13:56

talked to us about our another person who's

13:58

done this really well, Joe rogan Why Joe

14:00

been so successful in building

14:02

what now seems to be a dominant mainstream

14:05

platforms are to help people learn

14:07

and get the news out there. You. Know it's

14:10

funny whenever people ask me about rogan

14:12

because it's actually not ideological

14:14

at all Joe just

14:16

monetized and built an audience

14:19

around several different facets of his personality.

14:21

And not enough people actually think about it like

14:24

this Joe, rather Joe rogan experience,

14:26

I noticed I've been listening to go to

14:28

way before ever got on the park. I've was a

14:30

fan was like twenty three riding

14:32

the metro nose broke his hell okay so like

14:34

i'm literally was in be

14:36

actual demographic here's what

14:38

joe is he is several different shows

14:41

all and why

14:42

The U. S. C hunting fitness

14:46

like. alternative politics

14:48

now alternative science bro

14:50

science and also wacky

14:53

conversations that you have we smoke too much

14:55

we'd like come can and can be comedy

14:57

obviously being the corps base of all

15:00

that when you stack all of us together

15:02

and you bundle up into a single thing

15:04

you get the joe rogan experience that's

15:06

what i think that everybody misses whenever

15:09

it comes to joe which is joe

15:11

If you actually listen to the show. No

15:14

more. Click on it yesterday

15:16

he had on and mm a fighter

15:19

the time before the date, the episode before

15:21

that was woman who

15:23

is lawyer and now the

15:25

spear fishing for living, and I found

15:27

a pretty interesting but. It's lifestyle

15:29

call. The show and the reason why?

15:32

You can sneak in this and voices and

15:34

business news and get the information out there

15:37

is because he has built up trust over

15:40

a decade and that would be CNN

15:42

people don't have, I mean, how many times

15:44

have you and everybody watched them

15:46

lie. "The not with our own eyes

15:48

and they never apologizing, never retract

15:51

what they're saying, there's not even a mechanism to

15:53

force it, I see Joe screw

15:55

up pretty bad and he does a video

15:57

which he put. Hosts out on his Instagram.

16:00

Okay. Everybody I screwed up, should

16:02

the said this X Y and Z or apologize

16:04

for it on a show, and you know that's lesson I've

16:07

learned to I do A. Segment: "Almost every

16:09

six months called everything got wrong

16:11

and go over like public is like,

16:13

"Are around here here's where got around here, did

16:15

have a wrapper on" The election was hero,

16:18

my worst predictions on what would happen

16:20

in November of twenty people really

16:22

appreciate that, but these people that they're too arrogant

16:25

to ever even assume. That that you would even notice

16:27

that they got something that they never been wrong, he

16:29

would he talking about any given less or

16:31

it's hard to me last thing about A. rogan is,

16:33

or was it Neil Young Versa

16:36

versed in real good ah absolutely

16:39

hysterical that he is even ultimatum

16:42

is like, gets your old as add here know

16:44

we? Lose your music getting is no one podcast

16:46

in the we're given of hints, what's your take on

16:48

know Joe rogan verse Neil Young and Smart of Isis

16:50

isn't, yeah, I. Mean luck props

16:52

to spot a five foot dude, you know, this

16:54

should be up to spotify, we gotta build

16:56

something says that with these lever, put what if it was Taylor.

16:59

Swift man, nobody can answer that question, what

17:01

if it was, I don't know, like, Wiz

17:03

Khalifa, our allies.

17:05

We will not sex, you know, people who bring in real

17:07

money to spot a fight. Then it could have been

17:09

like fifty two. In. I

17:11

don't think it should be up to any by this is

17:13

why I'm a big supporter of the open system

17:15

of the rss feed are always will be

17:17

because when you. Have single point of failure,

17:20

it can be problem process far five for standing up

17:22

Agassi Neil Young like sorry boomers

17:24

you'll have to go elsewhere he can put your put. In

17:26

your city for their of whatever fits

17:29

me up the US of, but I also

17:31

want to point this out there's a bit there's something

17:34

better going on here, dude Neil. Young

17:36

sold his catalog to big hedge fund,

17:38

which is owned by Blackstone and

17:40

Blackstone Young, is there some shady

17:43

stuff going on in terms of what they're

17:45

invested in and? You know, some people have

17:47

semi that they are even invested in some farm

17:49

attack now, look, I mean, don't know

17:51

if this has anything to do with it or not.

17:53

But they spent one hundred and fifty million dollars,

17:55

and when you have multibillion dollar hedge funds,

17:58

know how dirty that these people. They. Are

18:00

I've seen it happen when it comes to mass censorship

18:02

campaigns, these things are never

18:05

organic, never there's always something

18:07

more going on here, would not be

18:09

surprised given that. Neil Young poses

18:12

a letter and he deleted the letter was

18:14

even aware like what was happening, I

18:16

think is a lot more going on behind the scenes.

18:18

You'd think that these. large players

18:21

they fear now i will call the new

18:23

mainstream more than they fear they old mainstream

18:25

like mainstream feels like to some degree the hedge funds

18:27

are all the insiders they own

18:30

cnn they own fox news they own

18:32

msnbc you mean a bunch

18:34

of other people

18:35

Nobody. Tell me what to say any the game and

18:37

told us about it, we'd little you make a video immediately

18:40

by listener what they just call me to pay

18:42

for the do. Rights had basically they are, you

18:44

are backed by hurts, i'd did seer

18:46

kind of his new wave

18:48

of covers, weather's in the political arena, the

18:50

business arena just kind. Of more cultural

18:53

things like Rogue and A is that where we're at

18:55

now that's horror at right now, so like

18:57

I said first, they would ignore me, ah, but

18:59

then all. Of a sudden, I would do videos

19:01

exposing hedge fund corruption and their head

19:03

of PR would reach out or there,

19:05

you know, head, you know, told the stores

19:08

publicly before. But did an entire

19:10

expos a on pick talk

19:12

and how they were hiring all of these lobbyists

19:14

and throwing all this Chinese cash at

19:17

people here at B.C. c And are

19:19

I exposed how the former head

19:21

of cyber security under the Obama administration

19:24

was now a tick tock lobbyists

19:26

is all open public record and

19:28

they, I mean, they lost. It right like they called

19:30

my bosses, they tried to say this

19:32

is when are used to be at the hell is firearm independent,

19:35

they were like a, you know, like he's. threatening on their

19:37

lives like exposing their identities,

19:40

you know I'm at call me, go ahead.

19:42

Try it, you know, I mean, date their

19:44

old tricks don't work anymore, he like he said

19:47

my and said to support you. What's

19:50

your name?

19:51

If she was the chairwoman, the financial service

19:53

at Maxine Waters, I here's all

19:55

said, "I got a lot man"

19:57

Yeah, I said Maxine Waters. Will be chair

19:59

one.

20:00

The Fire Service Committee, till the day she dies,

20:02

I said it because was making a commentary

20:05

about geriatrics in Congress

20:07

and the seniority says. Okay,

20:10

that's all I said. Her communications,

20:12

your. They're called my bosses of

20:14

the hill after said this and said the was

20:16

inciting violence against her and

20:18

they implied that, but if didn't

20:20

issue an apology that they would

20:22

not, you know, participate in some a band

20:25

that the hill was doing, and I, you

20:27

know, I. Hey, fuck you

20:29

like to try it now, you know, and at the

20:31

time I had. My like a mouse

20:33

shots, all it's just idea.

20:35

I dare you to try, dare you to call

20:37

them. Well in telling me that this is

20:39

why they're terrified all their old tricks

20:41

I'm just giving people a little peek behind

20:43

the curtain Jeffrey Epstein and B C news

20:46

you know the palace calls the head

20:48

of Disney all this stuff doesn't work

20:50

here are more. power comes from

20:53

the audience i am fearful that

20:55

are the more than we have to keep listening to their bullshit

20:57

their dumber we all get right

21:00

like it if you really think about it all

21:02

right talking about bitcoin what are you

21:04

are get the sense that on breaking

21:06

points like you want to keep talking about bitcoin kind

21:08

of sliding it sliding there like let's get like a bitcoin

21:10

say that what are your real believe through bitcoin what

21:13

is your unshackled right now

21:15

you've got the floor what do you think about bitcoin

21:17

look i'm pro bitcoin i'm absolutely appropriate

21:19

coin i'm little bit more skeptical of some

21:21

of the other stuff that's going on and we could

21:23

get into that if you want but at the end of the day

21:26

i believe and this pandemic really taught

21:28

me and may actually made me made lot more libertarian which

21:30

was we have to have an alternative

21:33

ecosystem monetarily financially societal

21:35

media everything in order to circumvent

21:38

navigate or circumvent and go

21:40

around the mainstream all

21:42

the channels and the only way that exists

21:44

that least from what can tell his

21:47

bitcoin the original and the decentralized

21:49

currency the hedge against the current global

21:51

financial system because we just

21:53

did it a whole thing about blackstone and

21:56

the hedge funds i can't be reliant ultimately

21:58

on big tax and The others in order

22:00

to try and protect the I'm grateful to them for

22:03

not screwing with me yet but that's

22:05

not a viable system in the future

22:07

self luck it's simple I'm biology

22:09

srinivas in like three years ago he.

22:11

was the first person ever truly red pills me

22:13

on what crypto future could look like

22:16

and honestly almost everything that he told me

22:18

then which i thought he was crazy turned out to

22:20

eat or not it's either be true or is

22:22

happening like right now as we speak

22:24

in terms of use the first person told me about your

22:27

people were going to you know geographically

22:29

circa we'll go around the united states

22:31

basically have regulatory arbitrage

22:34

as arbitrage don't know maybe mean your florida

22:36

in hundred felix look at austin our business

22:38

is booming san francisco is basically

22:41

dead so think that the

22:43

core of the bitcoin future Is

22:45

a hedge again? Then. Most

22:47

powerful people in the country and ultimately

22:50

to me, the pandemic taught me more

22:52

than ever before that we have to have

22:55

the ability to amass alternative

22:58

well from the mainstream. In

23:00

order to use as leverage to protect

23:02

our interests and to me sick, wind remains

23:05

be number one way in order to do

23:07

that I bear of in whole or for. Like. The

23:09

and a half years something like that I won't

23:12

sell, it it's not about the price to

23:14

me, it's about the actual assurance for the future.

23:17

Then. Other parts of so crazy about it is like it's

23:19

a hedge against the rich people within the rich

23:21

people, of course economic incentive

23:23

think of like, oh, if you were to. Make money I saw his

23:25

job like there's no way while she's going to sit by and

23:27

let a bunch of strangers on the Internet make more money than them

23:30

right and. So, like these idiots are going

23:32

to go there going to buy bitcoin was then pushes the price

23:34

up right, it's like this whole positive feedback loop which

23:37

said Toshi ended up. Calling out very early

23:39

on sang listen, there is this like positive

23:41

feedback loops are to an asset like this,

23:43

so it's fascinating to watch Joe Lucas's

23:46

you that first ah cigars. That

23:48

thanks for coming on here dropping bombs, I appreciate

23:50

it's assesses my question

23:52

would just be about what happens here with

23:55

Fox, msnbc BBC except

23:57

for us what we've. seen in my opinion

23:59

right, is that? People. Not as a declining

24:01

people are losing getting their subscriptions, everything year

24:03

non pay TV is increasing, are

24:06

they all just going to continue to try to transition to

24:08

the streaming? Services like we're seeing them launch and,

24:10

like, what happens there in your opinion, so

24:12

I've actually added whole monologue on this, I

24:14

predict a great war against

24:17

your show, My. Show and,

24:19

others and fears the reason why bees

24:22

and streaming services that are launching are

24:24

terrible (CNN) One.

24:26

Live I'm not joking here is some

24:28

other exclusive content is Jake

24:30

Tapper Book Club. Parenting

24:32

advice with Anderson Cooper and

24:35

Fareed Zakaria stuff. On geopolitics

24:38

ain't no oh and eva Longoria as

24:40

well as Allison Roman's cooking show ain't

24:42

nobody gonna pay for that. And. The moment that

24:45

they realize that, and they know

24:47

that they have poured one hundred million dollars down

24:49

the drain, same thing over happening over a peacock

24:52

nobody's watching, matey Hawkins crappy.

24:54

Show or Zur Lena Mac, I don't even know

24:56

her name honestly, think her name is Lena

24:58

Maxwell, whatever this is garbage

25:01

they are, they're pouring millions of dollars

25:03

into these. Terrible products because they don't

25:05

actually know how to program for something

25:07

that people want, but when they find

25:09

that out and you guys know that's what

25:12

are they going to do? They're going to use the power

25:14

that they still have in the mainstream to try

25:16

to censor us, so this is going to happen two

25:18

to three years from now a it. It's really

25:21

it's going to be one of the most brutal wars

25:23

this is also why appropriate coin we have

25:25

to have the ability in order

25:28

to make sure that we're competing. On the level

25:30

playing field right now, I'm sure he got to the.

25:32

How do you can be seen all these are

25:35

places, get all these views on YouTube? It's

25:37

not real, it's like of.

25:38

Davey, if you don't like a ghost, be with

25:40

something that gets pumped out into the ecosystem

25:43

and given preferential treatment over

25:45

our show even. People don't necessarily.

25:47

Want to watch it, it's gonna be that

25:50

times thousand whenever they actually

25:52

have to compete with you and I when these tables

25:54

or contracts dry up in a decade from

25:56

now it's gonna be blood of bloody

25:59

civil war. You're. Obviously, building

26:01

platform are within you tube, also

26:03

within the rss feed, in all the other stuff and

26:05

Celery to at the like, are you actively thinking about

26:07

how to defend? yourself against this, so this

26:09

is thing my revenue model adults, you

26:11

tube revenue is not something that I

26:13

even think about and here's right because mine

26:16

is direct subscription based. And are it's a spy

26:18

superfast I own the customer

26:20

relationship striped data email

26:23

that said so my business doesn't

26:25

matter if we that pulled off of you tube

26:27

tomorrow could. Still pay my bills, could

26:30

still produce a very high quality

26:32

new show and I could post it, you know, wherever

26:35

needed to, if necessary, I'm not

26:37

saying it's. necessarily going to come to that and

26:39

I'm not gonna lie like it's still be a loss in terms

26:41

of marketing and all that, but it's not

26:43

existential I built it from. The ground

26:45

way up with Crystal from day one with

26:48

that in mind which is, we cannot be

26:50

reliant on any one and we can not

26:52

have single points of failure I've. seen this

26:54

happen to me times I've seen people program

26:56

for from Vs Facebook show

26:59

some BS show on our Twitter

27:01

or whatever, and was like you're outta your mind, they.

27:03

Could change your algorithm like this and you're dead

27:06

and they are that know people are

27:08

who lost their livelihoods as a result,

27:10

so that was my plan my plan was.

27:12

Bet on the actual customer relationship

27:15

between me and other people and that

27:17

was, it is the purest form of supports

27:19

purest form of transaction and ultimately

27:22

it makes you on cancel. Because they're

27:24

the only people who I am ultimately

27:26

accountable. Then. John

27:28

Cigarette has this ship's as

27:31

this shift happens from

27:33

independent creators kind of taking over the legacy

27:35

in the mainstream as it happened yet, and if

27:37

not like when does it? Happen, how does have

27:39

it's, ah, it's one of those things where everything is happening

27:42

until ours are nothing is happening until

27:44

it is Ah from forgetting the exact Lenin

27:47

quote where. It's like decades happen and weeks

27:49

and weeks sometimes feel like decade something

27:52

like that, but as yeah, not for letting

27:54

his I met here is a smart guy sometimes

27:56

are. And what it came down to, which

27:58

is bad luck. It seem

28:01

like it. The immovable until

28:03

it's not. That's what's happening.

28:06

And. Where we are right now, the shift

28:08

hasn't happened completely, look the legacy

28:10

guys still control the big

28:12

tech algorithms or if they don't control

28:14

as they can run off with their. But they are

28:17

put their foot on the scale or whatever

28:19

they can, they can move things in the way

28:21

that they are, but this is something that happens

28:23

day after day. If the cry just to

28:25

get more eyeballs, more attention and

28:27

the longer that you do that soon,

28:30

you're going to look at the numbers like Joe rogan did

28:32

and you're going. To realize Holy Shit I'm

28:34

beating, see, I'll never forget the day

28:36

that I looked at my numbers on you tube,

28:39

and thought this was like, you know, twenty

28:41

nineteen twenty. Two, think it's funny. The seen

28:43

as like a whole shit or the quit his be

28:45

CNN paley broadcast of

28:48

this is crazy nobody

28:50

realizes at the time and then. We

28:52

would be the Fox number. Then we

28:54

will be msnbc number and then.

28:56

You're. Talking millions and millions of you look

28:59

at the cumulative still, like, oh, my God, hundreds

29:01

of millions of views, you know, your ex

29:03

million tens of millions of

29:05

unique be worse. And you will get podcast analytics

29:08

and it's hard to even fathom and comprehend

29:11

how many people that is I mean. I've

29:13

been to rallies or two,

29:16

are you know, a shows or whatever with forty

29:18

thousand people and that's like what?

29:21

You. Know one twentieth or whatever

29:23

of somebody who will consumer content on

29:25

daily basis when you start to think that the

29:27

scale you can begin to understand

29:30

how quickly that this. Can happen and once

29:32

you reach critical mass, you just go like this

29:34

exists, cause vertical I before will it's you gonna

29:36

play the game on basically just throw

29:38

out name's? Topics:

29:40

Spreads, and you just tell me exactly

29:42

what your unfiltered thoughts are ready. President

29:46

Joe Biden. Terrible why,

29:50

ah ultimately fight in

29:52

just does not know how to meet the moment he

29:54

is a bad president because he

29:57

is too old is out of touch

29:59

and The just too much of an institutional U.S.

30:01

look Joe Biden, I've got some great

30:04

books behind me. Great presidents

30:06

made you feel as if they cared about the

30:08

issues that matter most your life, honestly

30:11

you don't even really have to do anything about it, as

30:13

the are didn't solve the great depression ever in

30:15

his entire term presidency, but

30:18

he won. Three separate

30:20

presidential election. Because people

30:22

felt like their life was being

30:24

ruined and at least the guy in power

30:26

cared look when you pursue

30:29

bills back that are in his voting

30:31

rights, nobody. The price

30:34

gas is too expensive, my shit

30:36

at the grocery store is too expensive, my

30:38

kid has to wear mask your. School.

30:40

"I can go on these are not even necessarily

30:42

great irony had kids, but I'm verbalizing

30:44

of problem that people have this

30:47

country is in chaos, people

30:50

are miserable", the president.

30:52

Is not even voicing concern

30:54

about that and that's what makes him bad leader

30:57

okay next one president. donald

31:00

Yeah. Trump, honestly, he had lot

31:02

of promise, but his problem at the end

31:04

of the day was he just cared more about himself

31:07

and he did about the country, I mean. remember

31:09

so many times in which Trump could

31:12

have either tried to unite,

31:14

try to say something along the lines

31:16

of better angels of our nature, but

31:18

at the end of. The day just cared about his own

31:21

personal popularity, and he cared more

31:23

about, you know, his ego, as opposed

31:25

to the to the country, he made a lot

31:27

of big promises. Around billing bring jobs

31:29

back to America about sixty trade,

31:32

with China almost none of that materialize,

31:34

most of it was just shit posting from

31:37

behind the oval office and so I.

31:39

Would give him of as of not

31:41

as bad of great as Biden but really

31:43

up there. Right next, one federal

31:46

reserve and monetary policy. That's.

31:48

A good one, you know, it's fascinating, I know

31:50

I'm sure that we got wish we could do this,

31:52

what our because we could talk almond, bring you

31:54

back like. Once a month so don't worry, ours

31:56

is assessed as they are because this is

31:58

actually something which. Fires. A lot

32:01

of nuanced discussion, what I would say

32:03

the biggest failure is around

32:06

the fact that quantitative easing and

32:08

all this was pursued without

32:10

any democratic input whatsoever.

32:13

and that be affected of quantitative

32:15

easing have actually cause and created

32:18

a system in which people

32:20

no longer feel any agency

32:22

in order to have input either both

32:25

on their money but. Also. In

32:27

how the broader economy runs and

32:29

so with the trans. A. Boat wealth

32:31

and power to just basically

32:34

very small group of people who are making

32:36

all of the decisions which impact

32:38

what seventy eighty five percent of the global

32:40

assets it. Makes it so that people feel

32:43

completely disconnected from

32:45

the broader global economy, so on that I have

32:47

to give them a failing grade, just

32:49

we pull probably the disagree about, like. We're

32:51

why and all that, but the key

32:54

is this, which is that the actual legitimacy

32:56

of Americans have in their faith or

32:58

have faith in the legitimacy of their economy. The

33:01

near zero, and honestly it

33:03

should be the shit is fake, and

33:05

so when you realize that. The deeply

33:07

powerful thing, and I blame the Fed

33:09

for a lot of that. Next. One politicians

33:13

day trading stocks, oh

33:15

absolute ban, I'm very proud person

33:17

I was in the first people to draw attention to this

33:19

with unusual Wales shut out to that guy I'm.

33:22

Back as we've been doing this for over a year

33:24

reporting some these trades absolute

33:26

bad, we I don't take your word for it, they

33:29

want us to trust them. Do you trust

33:31

Nancy Pelosi, do you test with them, Crenshaw

33:33

know the answer to that is a flat

33:36

know my favorite was Crenshaw recently

33:38

said that he needs to be able to trade

33:40

to quote better himself, listen

33:42

bro if you want better? Come

33:44

out here playing the put, actually

33:46

start.

33:47

Your own business, you can come and add economic

33:49

activity you're in Congress, your

33:51

job is to better the lives of your constituents

33:54

of the American people, so screw you that's

33:56

where I really would have to say to anybody who

33:58

defends the stuff tour. Breaking

34:01

points will buy. (CNN)

34:04

MSNBC or Fox News one day. would

34:06

never buy those people I.

34:11

knew his eyes and lastly is

34:14

when you think of bitcoins what

34:16

are the things that jumped to mine in terms of why it's important

34:18

for the world i think i've laid it

34:20

out we have to have an alternative controlled

34:22

by nobody which gives us power

34:25

the future of not just america

34:27

but the future of humanity

34:29

is the ability to pursue individual

34:32

actualization through your

34:34

own power yes with some assistance

34:36

family and all that but without reliance

34:38

on broader central authority that bitcoin

34:41

is the most vital and centerpiece

34:44

of that entire mission and so

34:46

would say and that hear the certainly while even started

34:48

talking i'm so sick of the media

34:50

coverage on all this still go bitcoin

34:53

crashed a half dude i Shit posting

34:55

moon means at fifteen K I

34:57

literally member that was less go to

34:59

the moon think. i couldn't even imagine

35:02

Thirty five k and it'll go bitcoin crash

35:05

to thirty five am I do. even

35:07

know mean, terminals, roller coaster

35:09

means that, like, aka, the we go down to

35:11

six and nine like man.

35:13

A or the weight, the way they cover this stuff. We

35:16

have no idea what someone was went through even

35:18

get here so I'm in for the long haul man

35:21

I think that a the dream

35:23

of bitcoin crashing to thirty five k in

35:25

the future of bitcoin just crossed the three hundred

35:27

and fifty thousand and. will be

35:30

like yeah

35:33

finally i got married got

35:35

a job listings where should we simply want to

35:37

find you on the internet i just dropped a breaking point

35:40

for lincoln chat everyone goes to the bank drive if you're not

35:42

subscriber i'm not gonna say you're say loser but you

35:44

should probably go subscribe what ah where can

35:46

we sang them are them internet breaking points dot com

35:48

breaking points on youtube breaking points podcast

35:50

east soccer on twitter all of that yeah

35:53

he has no hot takes zero hot takes

35:55

on the internet yeah definitely

35:57

not show your mom his twitter account

36:00

I'd manner think you might become an I

36:02

will do it again soon would love to later.

36:05

Thanks. So much for listening to today's episode, really

36:07

hope you guys enjoyed this one, make sure you subscribed

36:09

an Apple Spotify or your favorite podcast

36:11

player and if you're looking to. Try to transition

36:14

to get a new job in the bitcoin or crypto industry,

36:16

we've got you covered head over to Pumps

36:18

Crypto Course Dot. com, we've developed

36:21

curriculum with A. Top teams across

36:23

the industry it's three week intensive

36:25

training program with over fifty events packed

36:27

into that three week time period go. to pumps

36:30

crypto course dot com to learn more and

36:32

i'll meet you guys for the next episode