RFK Jr. Puts Budget on Blockchain | Post-Halving Chaos

RFK Jr. Puts Budget on Blockchain | Post-Halving Chaos

[Music]
and we are live good morning crypto
Warrior and welcome back to the gentl of
crypto episode Bitcoin Z here’s the gap
between cryptocurrency and the community
Monday through Friday at tennish and we
have a great show for you today uh some
great news stories uh Bitcoin fees crash
after Daily Record average of $128 on
having day Apple pay uh is The Benchmark
as crypto mobile payments push for
adoption RFK Jr wants to put the entire
us Budget on a blockchain which is our
top story for the day and last but not
least Man City and okx released limited
edition jerseys tied to rare nfts so
some great news stories for you today
but first we’re going to take a look at
our prices as you know the happening was
last week um I hope everybody had a
great happening a great 420 uh it’s
amazing how those two came together with
all the
memes and I hope everybody had a good
one but like I said most of the time the
day of the happening um you know and the
kind of days preceding it and after it
kind of boring it’s pretty much a
nothing Burger except for the fact that
it’s usually a signal that within the
next six months we’re going to have a
lot of price movement so Point price
today $662 18 up 1.9% ethereum at
$3,195 up one a. half% today by binance
coin at 596 up 3.8% salana at 154 is up
3.6% xrp sitting at 53 Cent is up
1.8% Dogecoin coming in at number eight
is at 16 Cent up
8% on the day tcoin sliding out that
number eight spot to number nine at11
Cent is up 23 out the top 10 at 51 Cent
up 3.2% uh cardano people is about to
slide out the top say don’t let Shea euu
catch you the other ones that are moving
up as well fear and greed index sitting
at 62 again a lot of people sitting on
their hands nobody really committing to
uh you know going full bull or or
staying bearish I’ve seen mixed signals
uh I’ve seen uh mem coin activity I’ve
seen people looking at AI projects and
things like that but the greed level is
still hanging out here in the middle uh
a lot of un uncertainty right now in the
markets so that is not surprising at all
so let’s take a look at some of the
people coming in to the show what’s up
what’s up uh Bitcoin Shango Lis Smith KB
Philip Shaw Phil my man I gotta talk to
you brother um yeah I’ll hit you up
later Chloe Dior wisdom bars uh let’s
see e l and D no what’s up what’s up
good morning on this beautiful Monday
post happening uh the first day of
markets and we’ve already had got some
good movement and some great stories for
uh example RFK Jr wants to put the
entire us Budget on a blockchain and
we’ve been stating this since the
beginning as far as uh Bitcoin is
concerned and as far as even even public
facing
blockchains that have open transparency
that at some point we’re going to try
this and that uh the the reason
blockchain is important is because if
you have a blockchain where you have the
government’s activities being public and
our activities being private the that’s
societ that works right now it’s totally
reversed everything we do is public
everything is kyc AML government has to
know we do an investigation we audit you
and then we lose trillions of dollars
the Pentagon lost a couple trillion
dollars the day before 911 uh we haven’t
been able to audit the FED not once
we’ve never audited we don’t know how
much money is in the world uh you have
no how you have no clue how much money
is in Panama how much is in uh how much
is in Swiss bank accounts how much is is
anywhere really uh we just kind of have
to trust with they tell us and uh of
course we don’t so uh Robert F Kennedy
Jr is a big-time Bitcoin and
decentralized Tech Advocate who has
promised to back the US dollar with
Bitcoin if elected as president uh US
presidential candidate RFK Jr wants to
put the entire us Budget on the
blockchain let me go ahead and state
this Robert F Kennedy Jr who I’ve met is
not suicidal he uh told me himself so if
he does propose this idea which he did
at a Michigan rally on April 21st he he
said the move would allow every American
to take a look at every budget item any
they want 24 hours a day we’re going to
have 300 million eyeballs in our budget
and if somebody is spending $166,000 for
a toilet seat everybody’s going to know
about it now let’s let’s discuss that
really quick because this is what I I
think people who own businesses know
this people who have big nonprofits or
large businesses within a lot of these
budgets yes they pay for things that are
needed but let’s say for example you
send a country a billion dollars right
they really need 900 million of it right
and they they can itemize it and you can
show everything when you look at the
other 100 million and you look at some
of the things they’re buying they are
giving themselves per DM food $600 a day
or they’re giving themselves
Transportation $10,000 a week and
they’ll give themselves for example
16,000 for a toilet seat that’s not even
far-fetched people will say we’re trying
to upgrade our office okay it’s going to
cost us$ 16,000 for this toilet seat and
then they’ll pay the people who install
it 5,000 cash uh just to keep it quiet
and then they’ll keep hiring them as
contractors because they can keep it
quiet but then they keep the other
11,000 for themselves right so we have a
lot of these itemized things in the
budget that are off uh trust me all this
money that they’re spending I remember
uh we did a story about um Virginia
where they were they had a budget for
them to introduce blockchain to the
government or whatnot we looked at the
itemized budget live here on this show
and we actually showed where they were
paying themselves uh about I don’t know
a quar million dollar
uh to do research and
development and we’re like me and King
could do that over the weekend for
50,000 like it wouldn’t even it wouldn’t
even take that long to find the things
necessary to implement uh blockchain uh
research or the things you need for for
your budget however that’s just us uh
being real and these people who have
these budgets these large budgets
trust me if you look through a lot of
time you would be in the streets riding
tomorrow but most people don’t most
people just see the big number the
headline and they go with that but uh
Kennedy’s plan with allow transparency
and accountability allowing taxpayers to
see where their dollars are spent uh the
blockchain proposal was lotted by many
crypto Advocates on social media where
people claimed it would be revolutionary
and Corruption uh W wrote that
transparent public accounting might be
the best use case for blockchain Tech
besides the supply chain checks and
balances in our government doesn’t work
if the branches are in on the corruption
together president and Congress
particularly it’s time the people hold
them accountable now I am someone who
does believe that blockchain and the
public facing nature of it can work in
theory however I’m also a very practical
man I do not think that the people who
run this country are actually working
for us and I do not think they get their
salary from us per se they do get a
salary but most of their payments this
is why you see people in Congress they
show up with uh you know no money and
then they leave with $40 million and
you’re like how I mean Diane Feinstein
is like top of the line I mean they have
a they have a stock ticker that follows
her Investments and I think it’s up like
300% the last few years just because
they somehow have this inside
information to earn money they don’t
care about the what we want they don’t
care about putting their dirt on the
public blockchain they really can’t and
if you need any more examples this
weekend we just passed a $95 million
billion dollar budget for Israel Ukraine
and another country I can’t remember um
but $95 billion sent to them you really
think they want us to look through and
that itemized budget to see what they’re
spending it on
yeah right uh exact I’m a practical man
like I said in theory there’s a lot of
great things that will work that’s why
we said that Bitcoin politicians and
blockchain Advocates they’re going to
have to infiltrate these ranks because
it’s not gonna it’s not going to be the
people that’s in there now the people
talking about drain the swamp they are
the swamp they’re just using that to to
get you all riled up like they actually
gonna do something and nothing gets done
uh the main thing the wink wink and a
gun type thing that they do in DC is
that hey you don’t tell my secret I
won’t tell yours and that’s how politics
works that’s how most things at high
levels work is hey we got some dirt on
you hey we got some dirt on you all
right neither one of us say anything
then we’ll both be rich and they usually
go for it and that’s the that’s the big
issue that we have with our government
is we’re watching people on the house
floor wave Ukraine Flags in a in an
American country we’re waving another
country’s flag in support and
celebration of sending money to them why
because we already have evidence that
there are certain Venture capitalists
certain real estate developers there are
certain business people who are using
the Congress to their advantage to
receive free money we’ve sent over 300
billion to Israel over the past few
years we’ve sent billions to Ukraine for
this war we’ve send billions in Aid
again I hate the fact that we’re sending
Aid to these countries and we can’t
really identify what it’s for I mean you
we nobody here has seen the full budget
the people who have they’re the ones
we’re trusting and even though RFK Jr I
believe it’s a noble cause I think it’s
great that he put it out there that is
possible but again a blockchain is only
as good as the people who run it and the
only thing the only blockchain that is
truly decentralized with the nodes and
can be fact checked and everything or uh
is block is Bitcoin so I don’t see it
because you still have to do data entry
you still have to put in the numbers
into the blockchain that wouldn’t show
all the money that’s been missing for
the last 100 200 years so uh you know
most of the the the money yeah PFC Wells
said it yep it’s already said that uh
most of the money
uh will be funneled back to American
companies AK is to transfer wealth out
of the public into private hands and for
those of you who don’t know if you’ve
never read confessions of an economic
Hitman if you’ve never seen how
colonialism works this is exactly how it
works we send money in Aid to a country
and then American companies come in with
their construction with their investment
and they get the Lion Share of the
profits the people see nothing even when
you talk about supporting nonprofits Red
Cross they go to places like Haiti the
the clintons have already been
investigated for this they’ve already I
mean people in Haiti hate the clintons
for this reason the Red Cross they send
supposedly billions of dollars in Aid to
Africa to Haiti to other places and then
the people are still suffering and
they’re like why well look at the
itemized list oh the head of the Red
Cross is making 1.4 million for this
initiative uh the assistants are making
70,000 the real estate people who came
in and build the houses and came in and
and uh installed the water pipes they’re
making 200% more than they usually make
because you can infate if you ever work
with government contracts you can
inflate how much money you need uh you
should watch this movie called Lord of
War and uh it’s it’s another one um ah
man my two guys I forget Seth Rogan not
Seth Rogan Jonah Hill was in it and
other guy but uh they were basically
selling arms to the government and they
inflated the prices Sky High why because
we have an infinite money printer if
they want something done they can pay
for it they just print it and give it
away so that’s the problem I think
people think when they see these budgets
they think oh we’re actually helping
them it’s like if you ever see one of
these budgets you’ll be pissed off to
the point of no return which I happen to
be able to do back in 2008 when I
started getting skeptical about the
Afghan war and uh you know the war on
terror as they were saying weapons of
mass destruction being fake and all of
that we spent billions doing that they
had everybody red up was like yeah we
gonna take out the Middle East we gonna
take out and everybody was was all for
it but this is how it works they send it
and then these American companies go
over there and they make all the money
so uh with RFK hey kudos to you for
trying but I can’t say that I I trust
that this is going to happen uh in the
near future maybe in in the you know a
future where people get mad enough and
they’re like hey we don’t accept any
leaders we’re burning down houses uh
we’re we’re going to people’s front door
we’re going to government buildings
we’re not approving anything
everything’s getting shut down until we
have everything on the blockchain where
we can audit it that’s a good that’s G
be a first step now finding all the old
money that’s been funneled through all
other initiatives hey man I can’t help
you I mean that’s that’s almost
impossible we talking about maybe 200
300 years worth of money being funneled
ever since um some groups were created
that’s all I’ll say um but yes um and
with that being said uh Bitcoin fees
crash after record daily average of
$128 on having day The Surge and uh
block fees was ridiculous for those of
you who don’t know uh a lot of the hype
around bitcoin’s happening also came
with the release of room
which a lot of people uh as a new
protocol U created by the same guy who
created ordinal Casey rmore and The
Surge and block fees on the half day was
more than makinging up for the half
block subsidy miners will hit with but
that that’s not the case anymore so uh
the average fees pcoin have sharply
Fallen just a day average of $128 on
April 20th the day of the fourth Bitcoin
Avenue as of a April 21st fees have
fallen to an average of8 to $10 for
medium priority transactions a car
according to me pool. space so yes look
at this straight line up on 420 uh the
day after happening uh you literally had
a straight line up in fees and uh let’s
see if we could actually um let’s see
let’s take a look I’m going to pull this
up um so you can all actually see what I
mean it was hilarious runes uh basically
took over as far as fees and some of the
transactions uh seeing this in real time
if you go to meol dospace and you’re
able to uh view the block uh let’s take
a look here so for some of you who have
never seen me me pool. space uh this is
where you can actually see the blocks in
action all right so um block
840,000 was the actual mind that wasn’t
the block that I want to focus on these
blocks right here 1,476 sat per bite
2,286 SATs per bite 2, 892 2, 25670
all of if you look for example 84
14,4 this was four blocks after the
happening right the median fee was $200
people $24 for Med priority uh uh
signature there were over 1.5 million in
fees collected uh more than enough I
mean look at look at this uh this block
right here five blocks after The
Happening a average fee of of uh $28.50
I mean people don’t realize this is why
rooms were so hard to Mint people had
sent the money at low priori so people
are paying low priority fees and it’s
not getting through uh and and they lost
the Bitcoin on it so I mean look at that
$195 fees for a medum prior imagine
trying to send somebody $50 and you got
to pay
hundred 95 in fees I mean good gracious
um I’ve seen a few people saying that
they paid somebody who paid like 50,000
to send something crazy along those
lines don’t don’t quote me on that but
when you actually see these blocks get
full and you see a lot of people who are
paying for the space uh this is how
Bitcoin is supposed to work the thing is
the people who are fighting the
inscriptions they got to pay that’s the
beauty of Bitcoin is hey they can
inscribe all they want they can clog up
the chain but they got to pay and miners
get rich thing is if they don’t want to
pay you see in one day they drop back
down to $8 $10 fees trust me the
blockchain can stay solvent longer than
individuals can and these miners have
way more uh cap Capital to deploy than
individuals who want to mine
inscriptions sorry for those of you who
love inscriptions who love ordinals uh
that’s fine do what you want to do
that’s what freedom is about however you
got to pay for it and if we’re clogging
up the blockchain and peer-to-peer as my
man ray Yousef has started to State the
CEO of Civ kit and of no one’s the
peer-to-peer market for somebody who’s
trying to transact medium of exchange is
not great for the global South the
problem is we’re still in the store
value era the medium of exchange era to
me doesn’t really start uh isn’t going
to be super super Popular until we pass
the half a million million dollar range
because that’s when people have enough
SATs to where they’ll be able to
transact small amount of SATs I mean
think about Bitcoin at a million uh a
100 SATs is a dollar so think about
people that have 10,000 SATs you know or
people that have 100,000 SATs uh a
million SATs right now I think cost
about uh $600 uh so that’s what I’m
saying like people can actually attain
that and at a certain price of Bitcoin
that’s where medium exchange will become
a lot easier I think we also have the
technology in place to scale up uh
something maybe just as good as
lightning or better uh Federate
Federated side chains uh stable coins
who knows uh those things will be built
again if technology is the problem then
you don’t have a problem we’ll just
scale up so uh let’s read some of our uh
comments here uh Jake fever good morning
quick show just popped in uh 5252 yeah
eth was like this all the time not too
long ago exactly um let’s see PFC Welles
if you pay taxes you fund the Gang
please stop the cap so we all paying a g
for the BS yep uh in 1913 Congress only
has 63 session days now in 2024 had 1128
we need less government not more let me
speak to to something like that if you
want to know how nefarious these people
are that bill that they passed the Tik
Tock Bill uh was a part of the UK
Ukraine and Israel bill it was a part of
it was a piece of the legislation so
that was one little nefarious thing then
they passed another bill in the middle
of the night at midnight where uh where
Banks were closed and markets couldn’t
trade so you had aftermarket hours in my
opinion if we wanted some sort of
fairness the first level of transparency
you can’t vote on anything unless banks
are open nine to five you have to do it
because if you’re gonna be in bed with
the bankers they need to feel the drops
and and they need to feel the whatever
you pass as a bill or the shock in the
the market they need to be able to feel
that instantly people need to be able to
see hey we passed this bill at 2 pm what
happened to the market why did they
crash 11% in one day oh because you just
passed the bill sending more money uh
over overseas which you had to print
which devalues a dollar more and people
are losing confidence so things like
that I think would be great for for some
some level of transparency uh that RFK
Jr wants before we even get to the
blockchain side of it because I don’t
think most people that’s in there now
they they gonna have to die off or they
have to be voted out or something um you
know you got have to wait some time for
that to happen so uh uh like local said
that’s some Shifty shady exactly
what I mean we’re talking about how many
people know a 70 or 80 year old who’s up
at
midnight no they asleep they got their
warm milk at 900 p.m. they are gone I I
know people they sleep at 8 pm. they got
their warm milk and they soft and furry
socks on they are asleep they up at
midnight passing this you can only be
doing something to fair is Grandpa what
you doing up all these 50 60 70 year
olds out there trying to pass stuff at
midnight y’all y’all are doing something
and most people will sleep most people
didn’t see it unfor unfortunately for
most people or I should say fortunately
for me I don’t sleep much so I see a lot
of stuff that happens even up until
that’s just years of being up doing uh
the Asian trading hours between 2 am and
6: am so I’m usually up around that time
seeing stuff that’s happening and I’m
sitting there in shock like when people
wake up they gonna lose their mind and
I’m like I’m sitting there like I’m
sitting there like Boo these people are
slick because they do this all the time
they pass stuff nefarious stuff in the
middle of the night uh they do it over
holiday weekends they do it doing
Thanksgiving they do it when people
aren’t looking uh they do it during the
summer when people on vacation they pass
all stuff Trust me there’s there’s
nothing uh you know open and transparent
about these people they want this stuff
to happen so uh let’s jump into our next
story here Apple pay is The Benchmark as
crypto mobile payments push for adoption
I think uh everybody has started to see
the writing is on the wall Apple pay
Google pay uh whoever Samsung pay
everybody pay it’s so easy to just walk
up with your phone and scan now and pay
I love that technology uh NFC nearfield
communication technology the ability to
do that is amazing I want people to
understand though that always comes with
consequences so with that you have a
centralized Source who is a uh enabling
you to use their product in order to
make payments so they’re going to have
their rules and right now cryptocurrency
based mobile payments must be functional
as Apple pay and Google pay challenge
conventional payment services uh this is
according to Halo CEO Shin palman oh man
that’s a hell of a name a boy hella a
lot of syllables in there but um uh Jen
palman CEO of growing crypto payments
platform hel paints a picture of a
sector still in its infancy during a
one-1 interview with coin Telegraph uh
the CEO and Founders said that while
Bitcoin and ethereum are pirate nearing
decentralized blockchain protocols the
base layer of B chains cannot compete
with the performance and functionality
of traditional Financial infrastructure
I think the Benchmark is Apple pay how
are you going to be Apple pay where I
could just tap my phone and I’ve paid
within three seconds and I agree with
them there as far as payments go Bitcoin
is not passed uh Visa Apple pay uh
because they have the advantage of being
able to build technology for instant
payments however it comes with
trade-offs that means it’s centralized
that means it can be shut down that
means it can be shut off that means it’s
connected to the Fiat world yes these
trade-offs exist the problem
is they are having the same issue that
I’ve stated with crypto is that in
crypto projects they’ll say hey we have
more speed we have nfts we have defi we
have tokens and then Bitcoin the tur the
toris in the hair the tortoise slowly
catches up and then does the same thing
as a crypto project and then it’s on a
more secure chain they don’t have to do
it anymore so even though they’re ahead
right now if there is a payment solution
which I this is the reason why I’m
starting to teach college kids and high
school kids I believe the payment
solution we’re looking for
instantaneously on the network where it
is verified by Bitcoin Miners and nodes
that is going to come from somebody
that’s under the age of 21 in my opinion
it’s going to be from some kid we’re not
even thinking about it some 15 year old
right now is working on the payment
solution we’re thinking of and he might
not have it for another seven eight
years but it’s coming um he says now
with the second generation of
blockchains like salana even though
there’s a lot of talk congestion we
actually have the engineering
engineering resources to figure it out
uh there’s not a lot of talk about so
congestion that is
congested salana I I’ve uh to do
tutorials on salana i’ I’ve stopped
halfway through uh simply
because uh the congestion was too bad or
my payments just failed 17 times in a
row like and I was like man I ain’t
doing this tutorial I gave up uh
and plus they they’ve shut it down to
fix it so the thing is there’s always
trade-offs thing is when the tradeoff
becomes uh null and void meaning okay
it’s decentralized it’s on a
decentralized base layer it’s Layer Two
meaning that it’s actually quick and
fast and can be done with zero
confirmations when all of that comes a
lot of what people are are complaining
about with Bitcoin is going to be gone
and the instantaneous payments need
field communication with Bitcoin is
coming I promise you if it’s a
technology problem is coming in fact I
would not be surprised if Apple pay and
Google pay get out in front of this and
try to somehow leverage Bitcoin in their
payment system or payment reals uh in
order to to take advantage of that
market share because once that happens
again like I said I have uh kids right
now they’re very interested in Bitcoin
they’re very interested in crypto
they’re very interested in smart
contracts coding and they’re you know 14
15 years old these I’m telling you I I
promise you in the next two or three
years I’m going to be teaching the next
huge Peter Thal Eli musk Mark Zuckerberg
Big gigabrain technology person who’s
going to figure this out they’re G to
implement it and then all of these
articles just like we saw back in 2015
2017 hey Bitcoin don’t have this hey
bitcoin’s a pet rock hey Bitcoin and now
we got all that so I’m telling you
in a couple years you’re gonna be
reading this article laughing like hey
now we got instantaneous payments three
second can use Bitcoin now we’re close
as far as utility because can get fold
Visa card you can get a card from
coinbase you can get a card from uh I
believe bit refill there’s a few places
where you can get cards where Bitcoin is
on it but it’s paid like a debit card
which is pretty close we’re getting
there the thing is a truly decentralized
payment system where it’s Bitcoin to
bitcoin a lot of that has to go through
the the jungle of regulations and people
saying hey every event is taxable and
shout out to S uh Cynthia Lumis who
actually said uh payments uh with
Bitcoin should not be taxable under a
certain amount like ,000 or 5,000 under
that you’re not taxing payments what if
I live off of this you mean I gotta pay
tax on every single payment and it has
to be um income tax not sales tax
because even sales tax I think is wrong
U 99% of this taxation is garbage but
even even then you gotta pay income tax
or capital gains tax on every single P
that’s ridiculous so uh we got to figure
that out of course there’s a
technological um barrier in the way but
I think that will change at a certain
point however it’s good to they thinking
about it um let’s see Jake fever said
them jits ain’t like that oh you’d be
surprised they are outdoing that’s why I
said this is why when I focus on college
students and high school students uh a
lot of time like in Miami with 5,000
Role Models at Florida Memorial at North
Carolina Central um at my Alum Mo NC
State uh at Bitcoin summer camps that
I’ve taught and right now uh Bitcoin
stem uh for those of you let me go ahead
and make this announcement I’ll be one
of the lead teachers for Bitcoin stem at
the Bitcoin conference 2024 we’re
actually having a two-day camp for kids
U where they have learning stem as long
as as well as Bitcoin so Bitcoin plus
STEM Science technology engineering and
math they’ll be doing 3D printing
they’ll be playing Minecraft for Bitcoin
they’ll be creating um the artwork of
Satoshi there it’s a lot of things that
are going in so if you are going to that
conference if your kid is 12 and under
bring them to the two-day Camp uh
they’ll have their own lightning Market
as well all of that stuff is going to be
there so when I’m telling you it’s
already happening it’s just you don’t
know these kids most people don’t talk
or teach kids they don’t know what’s
going on half the people don’t even know
what’s going on in their children’s and
they children’s life you don’t know it’s
in your child’s phone they on fster they
on they on whatever sites they they want
to be on you don’t even know what’s
going on in they phone so I’m telling
you when I’m talking to these kids and
the ideas that they have and the ability
to do it couple it with AI because again
you got you gotta think I’m learning AI
as much as I can I don’t have as much
time think about a college kid that’s
got all day you got one class in the
morning at 9:00 am you got the rest of
the day off you got 12 hours to learn
about AI you know during the day they’re
gonna speed things up very fast and and
you all are not ready for it I’m sorry
the same way the class of Bitcoin has
came in and shock the Boomers with this
new money these kids I’m telling you
they gonna shock you with the ability to
couple uh their experience in life with
technology with AI and create Solutions
very fast I mean I’m talking about I’m
pumping out Solutions with kids every
month that’s going to be sort of what
happens uh when I transition to
Professor Z in my older years so that’s
gonna be very fun to watch so again
trust me it’s coming y’all just a lot of
the older people y’all are just too busy
to understand that this is happening on
a daily basis in fact there was a white
paper that came out last week showing
how to use ordinals on the lightning
Network now does it work I don’t know
but the white technical white paper
looks good so far I’ve only read the
first two pages um but that’s again
that’s a that’s a technological
innovation that that may not even become
popular for another six months maybe
next year but it’s already out so again
a lot of this is happening uh let’s see
uh local TX just in time inventory n man
Florida stuff that’s Florida man
jits that’s like kids uh let’s see who
else we got PFC Wells I agree with you
on that one Z we’ll see that within the
next coming or yeah coming years for
sure um let’s see H 17 do you like V
valued added tax uh just from a
standpoint of Taxation period I don’t
like any taxation that’s not voted on by
citizens no taxation without
representation we already fought a war
over this people I mean
was dumping te for 3% tax and now people
getting 30% tax on their income and
ain’t doing nothing about it y’all y’all
hey I our ancestors they were some
Fighters hey we looking like some ho ass
out here actually right now
paying 30% for all our stuff and then
paying property tax estate tax excise
tax uh generational um uh what is it
estate all that tax it’s just taxation
after wazu um sales tax every time you
buy something so um yeah that tax is is
a mother so I don’t want to add a value
added tax just to appease Regulators to
make it feel like they’re getting money
for this private organization uh however
however uh if it is voted on by a group
of people I think local taxation should
be the priority uh where it’s like all
right I do want my roads paved I do want
my trash taken out I do want you know
street lights and I I want public
education and I want you know clean uh
public areas and Parks yeah sure we can
vote on all that that’s simple you can
do that on the app for local but when
you start getting into National politics
like do you want to send money to
Argentina for Javier M to join the NATO
you be like hell no I don’t want that do
you want to send 95 billion to Ukraine
and Israel so that they can fight award
that we technically started uh no I
don’t want to do that either do you want
to fund the national deforce
deforestation act for two billion hell
no like you would just be pushing no on
everything that’s why I think that idea
on the blockchain won’t happen so a lot
of the taxation uh and also just to
throw it out there a lot of your
taxation doesn’t go towards the budget
they print the money and they spend it
on what they want look look very deep
into where your taxation uh where your
taxes go so uh a lot of the local and
state is is the actual use case for your
money so uh let’s see if you know you
know I’m a kid at heart can you teach me
too uh that’s one of the things that
we’re actually trying to uh Implement is
that if students are entered into uh
these these camps with uh Bitcoin stem
uh with the Bitcoin summer camp that I
run we actually want to do free classes
for the parents because at a certain
point if your kid is going to be using
Bitcoin and using wallets you have to
know what’s going on because technically
you we need your permission to sign off
on it because they’re not 18 so if you
got a you know 15-year-old that’s using
Bitcoin and he’s playing games earning
Bitcoin he’s sending lightning wallets
and he’s selling goods for it you need
to know what’s going on and at a certain
point if you understand it you can start
giving you know uh different things like
um their chores and anything that they
do as far as grades uh if you want to
give them allowance in Bitcoin you can
teach them about saving teach them about
keeping a ledger you can show them the
meane pool like I just showed you where
they can view blocks and they can say
hey right now is not a good time to
transact because fees are $258 for
medium transaction I’m going to buy that
tomorrow um that shows low time
preference that you know savings all
that stuff so that’s great Z do you have
a one hour Bitcoin 101 course that you
have tailored for kids uh yes uh we
actually it’s probably a little bit
longer but we’re trying to open source
it now so we’re building an open source
and then anybody can use it however the
activities that you’ll be able to do uh
that’ll be based on different locations
so even though um Jay-Z and Jack dorsy
stole the Bitcoin Academy from from me
trust me I got something even bigger
than that but yeah we got open source uh
course where we’re building that just
for kids and uh that will be a part of
what what we do in July and Nashville so
um J F I’ll be focused on AI I ain’t
even gonna lie man every time I see AI I
still think Allan Aon that’s not gonna
go away for a little bit that’s my age
talking a little bit but I still see
Allan obson even though they gave my man
that small ass uh trophy uh small ass
statue That’s My Boy uh let’s see alipo
where can I get a loan for my Bitcoin I
forgot what it was called oh unchain
domcom and and Lind L DN Lind those are
the two places where you can get loans
multisig you control two out of three
keys so they can never still it even if
the company goes down you can still uh
get your Bitcoin from them so uh let’s
see bord and stone was awesome on Friday
shout out Nick play oh yeah oh yeah uh
talk to King this morning he didn’t say
anything about it but he was probably
still high from in but uh but shout out
shout out to bord Stone I believe in a
flat tax of zero with high inflation
that is our tax inflation inflates where
our paycheck and savings yeah I I mean
uh Jake F I love that you said that get
out of debt that nothing the government
does matters yeah that’s that’s
definitely there um get out of debt get
a farm um make your money and do what
you want with it but um let’s see flat
tax this is one thing I’ve said even as
a joke I don’t believe there’s any tax
that should go above 10% especially if
we call ourselves a Christian Nation
it’s like how you gonna take more money
than Jesus damn that’s more than
10% like it shouldn’t be anything more
than that 10% TI is 10% Like even that
is is pushing it but if we gonna do
anything like you call yourselves a
Christian Nation which is not but we
call ourselves that you can’t you can’t
charge more than Jesus who are who do
you think you are like godamn so if we
talk about flat tax I would agree to
that but it would have to be voted on I
want an actual vote where actual people
have to vote on the tax not
Representatives going and voting for us
and these subcommittees and other commit
that’s garbage plus it has to be
actually owned by the public IRS is a
private entity that’s a private company
people you are not paying to the US
government and they’re taking your money
and then they’re spending that is that’s
paying to a private company
people uh so again these things are if
we have if we’re going to be a civil
Nation I’m I lean more libertarian but
if we are going to have civility then
these things need to be in place where
there’s open transparency so uh I’m
going to end it there but our last story
really quick Man City and okx released
limited edition jerseys tied to red nfts
all right so again we see use cases for
nfts for companies that want to
introduce them again like I said the the
nft projects that take off are usually
people who already have a product and
already have with uh whatever business
they’re in so man city we we all know
them um let’s see a limited number of
Manchester City’s unseen City shirts
ints are algorithmically linked to
physical Edition jerseys featuring hand
pained artwork and match day experiences
so this Premier League Football Club is
launching a new non-fungible token
collection that will allow fans to win a
limited number of unique jerseys and
match their experiences the Unseen City
shirts campaign is the latest move and a
long-term partnership with crypto
exchange okx users can mint the digital
collectibles on the okx app which offers
a chance to win redesign commemorative
football shirts depending on the Rarity
of the nft so um again very short story
there you get the point they got some
that’s exclusive they see you buy
it it’s rare you can resell it on the
secondary Market or you can use it for
uh different match things that they’ll
they’ll Implement maybe discounts on
tickets maybe you get the actual
physical product uh that’s what nfts are
becoming get some motion drop an nft
line get paid off of that so you’re
getting paid two ways and then give your
fans something that they collect they
can collect so shout out to you guys uh
great show today again um today is what
Monday April 22nd hopefully the fees
stay where they are hopefully even a
little bit lower if possible but shout
out to everybody post happening uh we
are in Epoch 5 which should be very
interesting so great Monday have a great
one and cheers

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**This is not financial advice. The expressed opinions in the video are of the speakers. You can lose all your money in the cryptocurrency market, so be sure to do your own research before investing.**The Gentleman of Crypto is a daily live broadcast that explores Bitcoin and cryptocurrency market. We discuss international topics, news updates, and future innovations in blockchain, digital currencies and assets, fintech, and more.