- 6 hours ago
Philosopher Stefan Molyneux's 10 April 2026 Friday Night Live breaks down Iran's Bitcoin oil tanker demands dismantling the petrodollar scam, quantum threats, sanctions evasion and inflation's US wreckage to claim true financial sovereignty.
0:00:00 Bitcoin and Geopolitics
0:33:58 Iran's Bitcoin Toll Policy
1:05:48 The Nature of Intentions
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0:00:00 Bitcoin and Geopolitics
0:33:58 Iran's Bitcoin Toll Policy
1:05:48 The Nature of Intentions
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LearningTranscript
00:00:00all right good evening everybody it is friday night live stephan molyneux from freedom main
00:00:03and happy to take callers on the rumble platform you can go to
00:00:11freedomain.com forward slash sorry fdrurl.com fdrurl.com forward slash live call and we can
00:00:19take you if you have callers there and yeah i had some i did an interview today on bitcoin
00:00:27hopefully it'll be out this weekend and
00:00:34the bitcoin the iranian situation the strait of hamouz all absolutely fascinating stuff i'm happy
00:00:43to take your questions on text i am happy to take your calls through the studio and we can
00:00:53get going and hit me up with queues there we go yeah hit me up with questions i'm happy to
00:01:02take them on as we are waiting for those to come in i can tell you a little bit about
00:01:07what's going on
00:01:09in the geopolitics just hit me with a y if you would like information on what's going on
00:01:15on the war or what's going on in the strait of hamouz what is going on with iran and bitcoin
00:01:21and the u.s yeah my topic is it's larger than just the war it is about a bitcoin as
00:01:29a whole and
00:01:31the petrodollar and so on
00:01:35somebody says thoughts on bitcoin encryption potentially being cracked with quantum computing
00:01:39soon no that's not a thing um nobody's going to give up the trillion dollar plus asset because
00:01:46of some advances in quantum computing that's not going to happen so there are already i mean you'd
00:01:53just do a fork um to retain the value of your bitcoin you would just do a fork and you
00:01:58would go
00:01:58to something with stronger encryption but it looks like there are ways to obviate or bypass the
00:02:04encryption from quantum the decryption capacities of quantum computers pretty pretty quickly so it's not
00:02:10going to happen uh somebody asks why did you block me on x you know why you know why good
00:02:21heavens
00:02:21right all right um so bitcoin has demonstrated resilience since late march 2026 amid middle east
00:02:28volatility trading in the 60 to 70k range bumped up a bit today um at last i saw a little
00:02:37under 102
00:02:39canadian so if you haven't heard it it's a pretty wild thing iran has announced
00:02:46that it will require all laden oil tankers they let unladen oil tankers or ships pass through for free
00:02:53but it's about a roughly one dollar per barrel tall in bitcoin they played around with some other
00:02:57cryptos and they settled on bitcoin for safe passage through the strait of harmuz and there's of course
00:03:02a two-week u.s brokered ceasefire which israel does not appear to be hugely following shockingly
00:03:11but that's a lot that's a lot of money that is going to be coming through the um a dollar
00:03:19per barrel
00:03:20toll in bitcoin they were originally pegging it to a usd stable coin but then the u.s passed some
00:03:24legislation to say that they would be able to freeze payments to hostile foreign governments and so on
00:03:29and so
00:03:34they have um decided to do it through bitcoin which is pretty wild so this directly links bitcoin to
00:03:43global energy infrastructure and sanctions evasion yes it's thanks and sanctions evasion or whatever
00:03:48right markets reacted with more than 400 million dollars in short liquidations forced closures
00:03:54bets the bitcoin's price would fall and a four to six percent price surge so why did that happen well
00:04:01because when there's a war people sometimes flee to gold but what they do in particular is they flee to
00:04:09of course defense stocks right they flee to defense stocks that's kind of how they roll and so
00:04:15bitcoin fell because people were fleeing to defense stocks but now that iran is requiring this toll to
00:04:21pass through the state of harmuz to be paid in bitcoin things are quite a bit uh different right
00:04:27so
00:04:31it's really fascinating because this is kind of an assault on the petrodollar as a whole as you know
00:04:35international um settlements have to be done in u.s dollars for the oil and other energy stuff
00:04:40and so switching that to bitcoin is really quite fascinating because of course if the petrodollar
00:04:46loses its hold on international oil trading then the value of the u.s dollar goes down and when the
00:04:52value of the u.s dollar goes down it means the price of everything goes up and so it is
00:04:58an attack
00:04:58particularly groceries because as i was saying today if there's one thing that americans like to do
00:05:04it is eat they like to eat and so if you hit americans in the grocery aisle
00:05:13you hit them really hard really hard so so people were expecting the defense stocks to go up they
00:05:20took money out of bitcoin bitcoin fell and now iran is requiring bitcoin for this i mean straight
00:05:26of harmuz is a big deal there's there's two things one is generally known about one is not generally
00:05:30known about the first that is known about in particular is that you know 20 percent of the world's
00:05:35oil and natural gas goes through the straight of harmuz so it's a big deal that way but also
00:05:43up to a third of fertilizer particularly nitrogen based fertilizers go through the straight of
00:05:50harmuz if they can't get through with a planting season coming up there's going to be food shortages
00:05:55if they can't get a hold of the right amount of
00:05:59uh this this stuff right so it's not ideal as far as that goes so uh bitcoin versus stable coins
00:06:08usdt
00:06:09on the april 8th financial times interview with iran iran's oil gas and petrochemical products
00:06:14exporters union spokesperson hamid hosseini explicitly states that vessels must pay in bitcoin within seconds
00:06:20while iran had shortlisted stable coins such as usdt tether and usdc or circle in earlier toll discussions
00:06:27the formal almost policy specifies bitcoin this choice is deliberate the genius act guiding and
00:06:34establishing national innovation for u.s stable coins act signed into law in july 2025 is the first
00:06:39major u.s federal legislation regulating payment stable coins it requires permitted issuers to
00:06:46maintain one-to-one reserves cash or cash-like assets and crucially to comply with sanctions by
00:06:50freezing transactions involving sanctioned entities when ordered by regulators like the office of foreign
00:06:56assets control bitcoin has no central issuer that can be compelled to act making it uniquely
00:07:00resistant to such controls crypto law expert professor tanya m evans highlighted the striking
00:07:07timing in her april 9th thread and new forbes analysis and i quote treasury published its genius
00:07:13act stable coin sanctions rules on april 8th same day iran demanded bitcoin from oil tankers at the
00:07:20trade of her moves bitcoin has no issue to compel iran chose that rail deliberately she frames the
00:07:27move not as bitcoin enabling crime but is exposing the limits of compliance framework that depends on
00:07:31centralized issuers in a world where not all payment rails have one so ongoing iran related
00:07:39geopolitical tensions kept bitcoin volatile yet relatively supported like it at least in canadian
00:07:44dollars i don't think it's dipped below the low 90s which is pretty wow then i said this of course
00:07:49a year
00:07:49two ago that once the general financial institutions get involved the um uh etfs get involved it won't
00:07:58go up like crazy it also will have a floor with which it's going to buy up when you've convinced
00:08:04your
00:08:04clients to buy a bunch of bitcoin you're going to have a floor so that you don't end up getting
00:08:09in
00:08:09trouble with your clients if it goes down too much so bitcoin continue to behave as a high beta risk
00:08:15asset so what does that mean it tends to amplify broader market moves rising or falling more sharply
00:08:22than traditional stocks or bonds in response to news while still defending key support levels better
00:08:26than many observers anticipated so in early april there was caution bitcoin trading this is us 66 to 68k range
00:08:34as of april 3rd steady institutional interest continued through bitcoin etfs exchange traded funds those are
00:08:41regulated investment products listed on stock exchanges that hold actual bitcoin but it allows investors
00:08:48to gain exposure without directly buying and storing the cryptocurrency themselves and moves by major banks
00:08:53such as morgan sandley who reported that their spot bitcoin etf launch had their quote best first day of
00:08:58trading for any of our etfs us pro crypto policy discussions under the current administration added mild
00:09:06underlying support april 8th catalysts the ceasefire announcement combined with details of the iran toll
00:09:13reverse sentiment bitcoin climbed from around 68 to 72.5 73k intraday while oil prices eased slightly
00:09:20generally positive for risk assets so to get into a little bit more detail about the strait of hormuz
00:09:27narrow waterway between the persian gulf and the gulf of oman that carries 20 to 21 percent of the world's
00:09:32daily oil supply about 20 million barrels now 20 million barrels what does that mean well it means that
00:09:3820 million dollars worth of bitcoin are required for ships to pass through and not only do they get to
00:09:43pass through
00:09:44they also get a naval escort as well a lot of them so 20 million dollars worth of bitcoin is
00:09:51well that's a lot that's about half of the what is it 450 that is produced every day by miners
00:09:57450 bitcoins
00:09:59so substantial liquefied natural gas volumes the strait of hormuz functions that's one of the
00:10:04plant's most vital energy choke points and disruptions there can quickly affect global energy prices
00:10:13so the policy that was announced april 8th via the financial times from iran as part of the two-week
00:10:18ceasefire fully loaded or laden tankers must pay about a dollar per barrel of oil this is
00:10:24one to three million per vlcc very large crude carrier also known as a frat boy the largest
00:10:30class of supertanker capable of hauling two million barrels or more empty vessels pass free of charge
00:10:35at full historical traffic levels this could generate around 20 million dollars per day
00:10:40in revenue for iran equivalent to hundreds of bitcoin at current prices depending on exact volume and
00:10:45bitcoin exchange rates the payment payment mechanics per iran's oil dude that we talked
00:10:54about before hamid hassein tank operators email cargo and route details to irani authorities for assessment
00:10:59iran calculates and issues the exact tall amount operators have only a few seconds to transfer the
00:11:05precise payment in bitcoin to an iran-controlled digital wallet once the blockchain concerns recede
00:11:10confirms receipt the vessel receives approval and a naval escort now this is interesting as well so if
00:11:17you remember back in the day i'm not trying to pat myself on the back but i'm not going to
00:11:20hide when
00:11:21i'm right i talked about the first use case for bitcoin was going to be a business to business and
00:11:27in this
00:11:28case it's business to government but it's large transactions it's not going out to buy a coffee it's
00:11:32the b2b or b2g business to government business to business or business to government economy that is going
00:11:36to be best served by bitcoin because it doesn't need to be settled in 30 seconds or whatever it is
00:11:42right
00:11:46so there's an explicit rationale coming out of the iranian government the bitcoin requirement ensures
00:11:51funds quote can't be traced or confiscated due to sanctions it bypasses traditional international
00:11:57banking rails such as the swift society for worldwide interbank financial telecommunication
00:12:02the dominant secure messaging network used by banks globally for cross-border payments and the
00:12:07petrodollar system it's a long-standing post-world war ii arrangement in which most global oil trade
00:12:12is priced and settled in u.s dollars giving the dollar outsized influence the currencies far tall
00:12:18policies only for bitcoin per the primary source and follow-on reporting any reference to stable coins
00:12:24reflect prior experimental tolls or conflated summaries so this formalized april 8th mechanism is
00:12:29purely bitcoin that's what i reported several days ago on x now iran had already begun testing one and
00:12:37cryptocurrency payments for select tolls earlier in april the april 8th announcement formalized the
00:12:41bitcoin option during the ceasefire to help retain control of the straight while generating hard to
00:12:45seize revenue so what else goes through the straight of humus beyond crude oil crude oil the straight crude
00:12:53hail the straight is critical route for several non-oil commodities that could also face toll requirements
00:12:59or disruptions lng liquid natural gas cutter and the uae together account for roughly 20 percent of global
00:13:07natural gas exports nearly all of their shipments transit through the straight fertilizer as i mentioned
00:13:13urea and ammonia yes significant volumes the gulf region supplies nearly one-third of global seaborne
00:13:19fertilizer trade disruptions could raise global food prices as nitrogen-based fertilizers are essential
00:13:24for agriculture what else goes through a sulfur helium cutter produces about 30 percent of world
00:13:31capacity as a natural gas pipe product used in semiconductors and medical applications aluminum aluminum
00:13:38methanol monoethylene glycol meg for textiles and plastics lpg refiant petroleum products and various
00:13:46petrochemical feedstocks so well as of april 10th that is today 2026 bitcoin price has gone up four to
00:13:54six percent on the combined news intraday peak near 73k before pulling back to 71 71 4
00:14:01uh pulling back to on april 8th 9th bitcoin prices are hovering in the 72 to 72 9 range as
00:14:08of this morning
00:14:09april 10th short liquidations over 400 million in 24 hours as traders who had bet against bitcoin were
00:14:17forced to cover positions and lord knows i am far from a vengeful person i am a monk of pure
00:14:23zenness
00:14:23but when people bet on bitcoin going down i like it when they're forced to eat their own shorts it's
00:14:28just really really nice as a whole
00:14:33so
00:14:36the optimistic view shared by many bitcoin analysts on chain researchers and long-term holders
00:14:44positions this straight of homo's development as more than a headline it represents tangible proof of
00:14:49bitcoin functioning as a neutral borderless infrastructure in high stakes global trade
00:14:53so even if only a fraction of historical tanker traffic resumes the policy could require 10 to
00:14:59million 10 to 20 million per day in bitcoin purchases shippers or their counterparties must
00:15:04acquire and send bitcoin on demand generating steady non-speculative buying pressure
00:15:08this demand is fundamentally different from retail speculation or etf inflows because it stems directly
00:15:15from real economic activity in the energy sector and of course potentially in the fertilizer liquid
00:15:19natural gas sector as well so this is a real it's not speculative it's not is it going to go
00:15:24up because
00:15:25other people like it or want to invest in it it's going up because it is showing really practical
00:15:30real world economic value energy sector analyst and bitcoin quant david eng mba
00:15:41quantified the impact sharply quote at a dollar per barrel toll on pre-war
00:15:46hormones flows would generate about 20 million per day at current prices that's about 281 bitcoins
00:15:52bitcoin only off only issues 450 new bitcoin per day so one geopolitical choke point could
00:16:00theoretically absorb about 62 percent of all new bitcoin supply he extended the logic and i quote if
00:16:06if iran were paid for 50 percent of its oil sales in bitcoin it would create about 830 bitcoin of
00:16:14daily
00:16:14settlement demand at current export volumes and pricing that is 1.8 bitcoin's new daily issuance
00:16:20that is the real game changer he added that even if iran sells to receive bitcoin later quote
00:16:26the transactions in bitcoin are foundational to adoption network slash network and noted personally
00:16:32converting oil profits to bitcoin as highly accretive predicting large oil producers will follow suit
00:16:38some earlier analysts estimate estimated absorption near 60 percent of daily issuance
00:16:43that's a bitcoin this refined modeling underscores a potential structural supply
00:16:47shock so it's one you want to say it's a long tiny thing it's one important thing
00:16:51and you have governments of course getting involved in bitcoin we have el salvador uh accepted it as legal
00:16:58a currency and gave a bunch to it so people and now iran is using it to bypass
00:17:04restrictions on their ability to trade and you know what happens is you know if you've ever done that
00:17:12fairly horrifying thing where you have to send some satoshis or you're going to receive some satoshis
00:17:17it's kind of nerve-wracking because you're not kind of sure it's really going to work and so on
00:17:23and but once you've done it you're like okay this works and you you get used to it so the
00:17:28fact that
00:17:28you've got big producers and governments getting used to mine selling transferring sending and
00:17:34receiving bitcoin uh it's just easier uh to do it the next time the first one is a bit of
00:17:40a doozy
00:17:40but after that it gets kind of easier so by routing revenue through through bitcoin's decentralized
00:17:46blockchain it ran sidesteps the ability of any single government of course this is primarily the
00:17:50u.s to freeze or block funds via traditional banking rails bitcoin's pseudonymous fast settlement
00:17:56nature transactions are recorded publicly on an immutable ledger but not easily linked to real
00:18:01world identities without advanced forensic tools makes it uniquely suited for this purpose this directly
00:18:06challenges the petrodollar system and accelerates de-dollarization trends which is countries actively
00:18:12reducing reliance on the u.s dollar for international trade and you know people are kind of nervous
00:18:17about the u.s dollar as you know more than 40 percent of all the u.s dollars ever created
00:18:21were created
00:18:22covid and post covid which is it feels like a lifetime ago but it really isn't that long like six
00:18:27years
00:18:30so now people are concerned about inflation and once people start shifting to a new system you know
00:18:37i remember uh trying to teach a manager about the value of email back in the day and he resisted
00:18:44and
00:18:44resisted money finally got it and it was fast and you know easy and all of that he was like
00:18:49i should have
00:18:50done this years ago and i'm just i'm certainly concerned like what does my concern mean in this
00:18:55kind of context but i'm interested in what happens when people switch to a new system and say this is
00:19:02way easier this is way faster i don't have uh governments uh following my every uh move in the same
00:19:09way so
00:19:11so professor tanya evans underscores the timing and intent on the exact same day the u.s treasury
00:19:16republished proposed rules implementing the genius acts sanction requirements which compel stable coin
00:19:22issuers like tether and circle to freeze sanction transactions right the same day iran formalized
00:19:28bitcoin tolls iran had a shortlisted usdt and usdc previously but deliberately chose bitcoin because
00:19:35quote bitcoin has no issuer to compel evans forms analysis frames this as quote the genius acts first
00:19:43stable coin test illustrating the limits of compliance frameworks that rely on centralized
00:19:49issuers proponents argue it transforms bitcoin from a speculative store of value into a practical
00:19:57defensive weapon or shield when the dollar is weaponized through sanctions
00:20:04eggplant elon the names it's the names the smart guy but added a sharp long-term lens in response to
00:20:10macro analyst luke groman quote central banks buying gold is them doing the only thing they
00:20:15can do they can't buy bitcoin at scale yet without admitting the game is up gold is the acceptable
00:20:21exit it's the methadone bitcoin is what you choose if you want a state act you're constrained by
00:20:27institutional inertia and the need to maintain the illusion that the existing system is still
00:20:30functioning the methadone is what you use to get off heroin is that right i think it's that
00:20:34proponents argue that iran the iran move accelerates the moment when bitcoin becomes the preferred neutral
00:20:40reserve asset if bitcoin were to become a global currency replacing the hegemony of the u.s dollar as
00:20:48a reserve currency its value would i mean it's impossible to comprehend i of course for well over
00:20:5610 years have had in my mind it's just a particular opinion don't buy or sell based on anything that
00:21:02i say
00:21:02this is not investment advice i just in my own heart have had 750k us per bitcoin as a reasonable
00:21:09target in the medium future so so the the precedent of iran could encourage other sanctioned or
00:21:17geopolitically exposed nations to adopt similar models compounding long-term demand and normalizing
00:21:22bitcoin in high-level international commerce now here's what's really ironic again for many many years
00:21:28i've been talking about how america could pay off its national debt and even its unfunded liabilities
00:21:33if the value of bitcoin goes through the roof and the u.s is well north of 300 000 bitcoins
00:21:40that it
00:21:41seized in various police actions and so the war in iran if it drives up the value of bitcoin that
00:21:47certainly
00:21:47does harm america in the short run but it also adds to the value of the assets the american government
00:21:52is holding on to in terms of its hundreds of thousands of bitcoin so that is uh interesting
00:22:07so there are issues of course with iran doing this with regards to a bitcoin so most international
00:22:17shipping companies insurers and banks have western or gulf ties and are subject to strict strict u.s
00:22:23and eu sanctions regimes paying iran even via cryptocurrency could constitute a sanctions
00:22:28violation carrying fines in the tens of millions of dollars potential blacklisting or even criminal
00:22:33liability many operators therefore likely to reroute around the straight delay voyages to simply avoid
00:22:39the route until the ceasefire proves durable and the risks are clearer early tankard traffic data as of
00:22:45yesterday april 9th already shows only limited resumption underscoring this reluctance
00:22:52there's operational and enforcement challenges the few seconds to pay requirement sounds coercive
00:22:57but assumes flawless real-time execution under pressure bitcoin's price volatility even over
00:23:02minutes can complicate sending the exact dollar equivalent amount although stable coins help mitigate this
00:23:07iran's claim of untraceability is also partially overstated about bitcoin avoids traditional bank freezes the
00:23:13blockchain is fully public allowing sophisticated forensic firms to trace flows if desired now i don't know
00:23:19if layered vpns can fix that i don't know so physical risks remain as well directing traffic closer
00:23:28to iranian waters for escort increases exposure to accidents or escalation now of course 20 million
00:23:34per day in potential revenue while meaningful for iran represents only a small fraction of bitcoin's
00:23:401.3 trillion dollar plus market capitalization and its multi-billion dollar daily trading volume
00:23:46analysts describe the initial price pop as largely liquidity driven short covering and sentiment rather than
00:23:53a fundamental lasting demand shock bitcoin continues to trade primarily as a high beta risk asset so any renewed
00:23:59geopolitical flare-up or ceasefire breakdown could quickly erase gains the two-week ceasefire of course remains
00:24:05tentative iran has issued its own list of demands and enforcement could falter longer term the move
00:24:11might prompt tidy u.s scrutiny of cryptocurrency rails used for sanctions evasion potentially slowing
00:24:16broader adoption or triggering new regulations some experts warn that framing this as an unqualified
00:24:21win for bitcoin is dangerously naive and could invite stronger enforcement actions against crypto
00:24:26platforms than inadvertently facilitate such payments yes that is a a big deal right i mean the american
00:24:33government entirely rightly so given its military perspective does not like anything that fuels money
00:24:39towards its uh its enemy right or fuels resources now iran's engagement with bitcoin is really interesting
00:24:47iran you know we think of it as a sort of fairly primitive theocratic islamic regime and there's certainly
00:24:53that aspect to it but again as i've pointed out on x the um iq of iranians who are persian
00:25:01caucasians
00:25:02is north of 100 in um in in some studies there's a mix but iran's engagement with bitcoin dates back
00:25:09over a decade but accelerated sharply under u.s sanctions right this is what people say they say
00:25:17oh i was debanked i was sanctioned i was this but i had some crypto and that drove up the
00:25:21value of crypto
00:25:21because the more that you sanction people using tradfire traditional finance methods the greater the
00:25:27value of bitcoin and particular decentralized cryptocurrencies becomes so being attacked
00:25:31economically through the regular finance system ends up driving up the value of bitcoin as a way of
00:25:39avoiding that and so you take away with one hand and you give with 12 other tentacles
00:25:44it's an odd analogy but i think i'll stick with it i like tentacles
00:25:50so early roots this is pre-2018 in iran informal crypto use emerged as a workaround for restricted
00:25:55banking access 2018 to 2020 after the u.s withdrew from the jcpoa nuclear deal and reimposed sanctions
00:26:03iran ramped up crypto experimentation the central bank of iran began exploring a national digital
00:26:09currency in 2020 by 2020 onward iran officially legalized and licensed bitcoin mining requiring
00:26:15miners to sell output to the central bank for imports it became a major global mining hub
00:26:20peaking at about 4.5 percent of worldwide hash rate generating hundreds of millions of dollars
00:26:25annually in revenues while consuming cheap or subsidized electricity 2023 to 2025 crypto outflows
00:26:32surged to record levels 7.8 billion in 2025 per chain analysis estimates while the irgc islamic
00:26:41revolutionary god core they moved about three billion dollars heavy use of stable coins especially
00:26:47usdt alongside bitcoin for sanctions evasion oil sales and proxy funding the central bank acquired
00:26:52at least 507 million in usdt in 2025 alone isn't that wild 2026 context the hormuz toll represents the
00:27:02latest evolution formalizing bitcoin for strategic revenues during active geopolitical maneuvering
00:27:06iran's history shows pragmatic flexibility stable coins for speed volume in some cases bitcoin for
00:27:13maximum resistance in high profile scenarios so bitcoin is increasingly treated as a strategic asset
00:27:2223 to 27 countries holding organic exposure as of early 2026 el salvador as we mentioned first and
00:27:29only nation to adopt bitcoin as legal tender 2021 holds about 7500 bitcoin or more and treasury actively
00:27:35mines using volcanic geothermal energy which coincidentally also powers my brain so el salvador keeps
00:27:43winning game theory 474 bitcoin mind via volcanic power bhutan state-linked bitcoin mining using abundant
00:27:52hydropower accumulating reserves as a national strategy the united states strategic bitcoin reserve via
00:27:58executive order holds about 328 000 bitcoin primarily from law enforcement seizures several states
00:28:05states as texas new hampshire arizona and others are pursuing a passing legislation for state-level
00:28:10bitcoin reserves slash etfs of course some states the blue states in particular are concerned about the
00:28:19more efficient tax livestock fleeing for lower tax environments so they are looking to try and impose
00:28:27exit taxes for the state that is going to drive i assume interest in getting resources into
00:28:34crypto crypto the united arab emirate crypto hub with sovereign wealth exposure and mining position
00:28:39mining positions itself as a global leader
00:28:42others the uk has seizure holdings germany past sales but ongoing policy debates plus growing activity in
00:28:48argentina as an inflation hedge nigeria vietnam and about 20 more nations via mining reserves or legislation
00:28:54reports note a game theoretic race with 13 additional countries advancing proposals
00:28:59and for those who've been around bitcoin for a while uh it's wild it's i mean i first started talking
00:29:08about it 2010 2011 or whatever it is the idea that you've got dozens of nations pursuing bitcoin
00:29:16strategies and holding on to bitcoins is just wild so net analyst consensus now look short-term volatility
00:29:25driven by sentiment and ceasefire updates technical support levels noted around 68
00:29:30k to 70 k us additional macro support continued etf inflows policy clarity would be needed to sustain
00:29:37upward momentum longer term if the toll mechanism holds and traffic materializes this serves as a live
00:29:44proof of concept for bitcoin in strategic global trade strengthening the utility over speculation
00:29:48narrative right can you use it for actual real world things rather than just do you hold it because
00:29:52it's going to go up in value because other people think it's valuable
00:29:57actual daily tanker volumes through the strait will be something to monitor official u.s or eu responses
00:30:02durability of the ceasefire and real world enforcement success of course governments don't want
00:30:07the iranian government getting a hold of bitcoin so they will escalate and threaten
00:30:13because that's what governments do
00:30:17beyond the homo specific development bitcoin continues to showcase its broader utility
00:30:22as a superior store of value and its technical adaptability
00:30:26that's almost like how it should be pronounced isn't it adapt
00:30:29adaptability in the face of emerging threats
00:30:32bitcoin archive posted on april 10th and i quote
00:30:36if you saved a hundred if you saved 10 000
00:30:39us dollars in 2021 it would buy about eight thousand dollars worth of goods today
00:30:45five years twenty percent
00:30:50bitcoin if you put ten thousand dollars into bitcoin in 2021 it would be worth about 24 000 today
00:30:57bitcoin protects and grows your wealth right so two thousand down versus fourteen thousand up
00:31:05right that's a sixteen thousand dollar differential that's huge
00:31:12so by the way if you've
00:31:14found some value in me talking about bitcoin over the years
00:31:17freedomain.com slash donate would be gratefully appreciated
00:31:21rapid technical resilience this is to the earlier questions and i'll get to your question in a sec
00:31:26in response to recent quantum computing concerns
00:31:29following google's demonstration of cracking encryption in minutes
00:31:32bitcoin developers delivered two working defenses in just 48 hours
00:31:35bull theory io summarized on april 10th lightning lab cto
00:31:41released a prototype enabling you can't spell that
00:31:44enabling wallet owners to prove ownership even after an emergency security shutdown
00:31:49while stock was cpo avihu levy published a scheme for quantum safe transactions
00:31:54swapping vulnerable math without protocol changes
00:31:57at a cost of 75 to 150 dollars per transaction for large holders
00:32:00these emergency measures highlight bitcoin's developer ecosystems speed and ingenuity
00:32:07bip 360 the permanent fix remains years away yet the network adapts proactively
00:32:11i mean people aren't going to let a trillion dollar asset just vaporize because computers got faster
00:32:17so
00:32:21that's what i wanted to get across it is absolutely fascinating to see
00:32:26what is how what is going on these days all right so let's get to your questions and comments
00:32:33and issues and so on
00:32:37let's get back to
00:32:38your questions and of course if you want to call in
00:32:41fdrurl.com forward slash
00:32:44lifecom
00:32:48all right
00:32:50oh a lot of questions a lot of comments
00:32:56bitcoin will hit a million this year with all these developments
00:32:59i'm not sure about that
00:33:00i mean who knows right
00:33:02who knows
00:33:05all right
00:33:08well it looks like we have a good topping
00:33:12uh somebody said oh james says for what it's worth this is fairly lengthy article in the quantum computing
00:33:17fud headline bitcoin is fine but we should not be complacent
00:33:21yeah it's years and years and years away any of this sort of speed
00:33:27my understanding is that if shah 256 encryption is broken then all computers servers systems are compromised worldwide banking intelligence
00:33:34etc
00:33:35yes
00:33:37yes
00:33:40uh
00:33:41agreed if quantum computing can break the encryption there will be much more problems than just bitcoin investing
00:33:46no but it's like the y2k thing it's gonna be apparent and people will just adapt to it right
00:33:51i mean y2k turned out to be a nothing burger
00:33:53uh although i remember working quite hard on the y2k stuff in my business
00:33:57because people see it coming it's a slow-moving disaster and that's the easiest thing to deal with
00:34:03do do do
00:34:11all right
00:34:17uh dear steph i called in the other day and a huge development has happened i need to speak with
00:34:22you asap how may i do that
00:34:23oh sure i'd be happy to chat
00:34:26um it's a free domain dot com forward slash call c-a-l-l
00:34:31not c-a-u-l or c-a-w-l c-a-l-l
00:34:34so free domain dot com slash call you can
00:34:38do all of that
00:34:41uh steph your breakdown about aliens was great
00:34:44not the movie but the opportunity
00:34:46uh for aliens i mean i they're out there but to visit us not going to happen
00:34:50it was really hard for me to accept the reality that human beings do not belong in space and faster
00:34:55than light travel would never be allowed by god
00:34:58well it's not whatever god but
00:35:00i endorse you for the top post in canada you are way smarter than trudeau staff
00:35:06taller than mickey rooney is not much of a compliment to my height but i certainly appreciate the kind thoughts
00:35:11and you got to see the guy who sued the toronto star
00:35:14for information about what was going on with justin trudeau in the past
00:35:18was just wild all right
00:35:25uh can europe survive as we know it or will it completely fall to islam and if so civil war
00:35:30unavoidable
00:35:33well as you know the communists want to get rid of
00:35:35white christian males and they're doing a pretty good job
00:35:39although i've been so pro-magnatalist for 21 years
00:35:43i i would assume that
00:35:46we've i mean we as a community i as a person have done as much as i possibly can
00:35:50to try and uh help smart people have more kids and i get emails all the time
00:35:55with pictures of people and their kids because of the show so
00:35:59thank you for your support as well we've done we've done a lot
00:36:01uh white birth rates in the u.s are up considerably obviously that's not just me but whatever
00:36:08all right
00:36:13somebody oh john oh john john balfour you're back
00:36:18my professor stalker is back and he says molyneux isn't a thinker so if your question didn't fall in
00:36:25line with his preconceived answers it would really bother him
00:36:31i shouldn't laugh because this guy's a professor who teaches poor deluded students or he's leading
00:36:37them astray yeah that's really that's really sad i mean this just it's not an argument right
00:36:43it's not a thinker man
00:36:49excellent all right um let's see here
00:36:54oh don't get mad at him it's uh it's uh he's just another sophist it's the old enemy of reason
00:37:00it's just a bunch of people who who sneer and snarl and smirk and snark and here
00:37:06all right uh what else have we got here
00:37:11this is really great thank you steph i appreciate that thanks to john
00:37:14sorry thanks to james for the research on this as well or at least most of it
00:37:20john says if you take this guy seriously on anything i don't know what to tell you
00:37:24like i said i tune in sometimes just for entertainment
00:37:33delightful is is bitcoin convertible to cash or metal sure you can sell bitcoin anytime you want
00:37:38i mean you could i don't know why you would but you could
00:37:44all right
00:37:57it's engaging with bitcoin in order to decouple from the dollar not exactly high level
00:38:01analysis it's engaging with bitcoin in order to decouple from the dollar
00:38:07oh i think you mean iran is engaging not exactly high level analysis
00:38:12really so uh tell me other places where people were talking about the value of bitcoin 15 years
00:38:18ago and tell me about all the other places that have said that one of the inadvertent effects
00:38:23of the invasion of iran will be the potential erasure of the american debt yeah
00:38:30i'm not everything but i'm smart
00:38:35all right so it's probably wiser to sell bitcoin for us dollar than purchase something like gold or silver
00:38:44don't give people investment advice man i never do i never have i never will don't give people
00:38:49investment advice uh because what it does is it ties you into their success or failure and
00:38:56i try not to do things that are gonna sit in my conscience like a sideways fishbone in the gullet
00:39:01right
00:39:03try not to tell people what to do with their money it's really really important
00:39:11all right
00:39:19oh can you elaborate further of the erasure of the american debt i may have missed it if you mentioned
00:39:24it so if you did i'll re-watch no that's fine so america is accumulating hundreds of thousands of
00:39:30bitcoin and if the value of bitcoin goes up enormously and the u.s dollar goes down right
00:39:37in value then you can sell bitcoin for u.s dollar and use that to pay off the dollar denominated
00:39:43debt
00:39:43if that makes sense hopefully that helps hopefully that helps
00:39:52all right any other cues i tell everyone to buy bitcoin i should stop yeah i mean don't tell people
00:40:01what to do as a whole as a whole because you know the purpose is not to move people's hands
00:40:07if you're
00:40:07teaching them guitar or piano the purpose is for them to learn it themselves right so
00:40:12if you know you could do whatever you want it's free speech you can tell people to do whatever you
00:40:16want i would just be careful because if you tell people to do stuff and then it goes really badly
00:40:22for them you're kind of tied into the negative outcome and i try to avoid that as a whole but
00:40:30trump is trying to get a massive increase in the military budget well sure because boomers are always
00:40:35fighting a war from three generations ago right i mean it's it's kind of war 101 sorry to be annoying
00:40:43but it's kind of war 101 that america has these big giant metal military machines right it's got the
00:40:50giant bombers it's got the fighter jets it's got the aircraft carriers it's got the submarines and you
00:40:54can't win in any kind of conventional combat against that kind of hardware and expertise and skill
00:41:01and will and so on so what that means is that if you have a giant hardware military army and
00:41:08navy and
00:41:09air force then nobody's going to fight you on those terms they're going to find some way to bypass all
00:41:13of that and fight you in some other terms such as this one which is an attack upon the u
00:41:18.s dollar
00:41:19the value of the u.s dollar rather than taking on the u.s military hardware which you can't do
00:41:25and win
00:41:25so all right
00:41:33uh do you think in the age of ai and computer advancements that high quality handmade goods will
00:41:38remain in demand i don't think so no i don't think so i mean there'll be some people who like
00:41:43it like
00:41:44there's some people who really like having um turntables and put the needle on the record put the
00:41:50needle on the record right so they like having that kind of stuff i mean i'm not much of an
00:41:54audiophile
00:41:55with only one and a half years but i would say that
00:42:06it will be a niche market for high quality goods
00:42:13do you see a good future for ethereal and sol as well or is this good future outlook limited to
00:42:19bitcoin only
00:42:20i can tell you this so freedom in nft.com i put out some nfts and i tried to sell
00:42:27copies of my book
00:42:28revolutions for like 20 bucks or 18 bucks or whatever it was and unfortunately the fees to sell
00:42:35it were higher than the price of the book itself i don't know if that's changes but fees in ethereum
00:42:44at least i'm not an expert on it it's a few times that i've dipped into it then fees are
00:42:53brutal and unsustainable for i guess any but the largest of economic transactions i don't know why
00:43:00the fees are so high in ethereum i don't know if that's been dealt with or acted upon or something
00:43:07like that but if ethereum can't solve the fee issue then relative to bitcoin it's going to fail
00:43:18and falter i would assume over time ethereum fees are like shipping to canada from the u.s yeah kind
00:43:27of
00:43:27like kind of true kind of true yeah with investment advice i think the good thing to do is to
00:43:38just give
00:43:38people the lay of the land right and get them used to how to look things up get them used
00:43:46to how to
00:43:46process various information and also get them used to the fact that nobody alive can predict the future
00:43:53price of anything nobody alive nobody alive and i yeah i don't know much about solana i really don't
00:44:03know much about i mean i know about bitcoin i haven't really studied much the other uh cryptos
00:44:09i have a friend who used to work in oh i used to know this it'll come to me but
00:44:16yeah i mean was a
00:44:17dogecoin and solana and there's monero you know everyone's like hey man you should talk more about
00:44:22monero i put out a monero donation thing nobody donates so what do i care right i mean um but
00:44:28um
00:44:31yeah so
00:44:34yeah lose per item make up freedom volume yeah that's right that's right
00:44:39it's tether tether tazos thank you yeah tazos as well which is you know
00:44:46but i remember many years ago speaking at a bitcoin conference and you could create your own coins
00:44:50right and so it's like i could i could create step coin or um baldomatic 9000 or something like
00:44:56that so kind of funny i don't even know what i would do with it in particular and i certainly
00:45:02don't want to go the hawk tour route which seems you know kind of scammy to me in my personal
00:45:07opinion
00:45:08but yeah i just don't have any particular design for that i tell you man this week has just been
00:45:13crazy for call-in shows i think i've done 12 call-in shows this week and a lot of them
00:45:19are public
00:45:20and a lot of them are really good we've got one coming up but i was a teenage prostitute
00:45:24uh we've got uh sex stress in a catholic marriage uh and there's some really really interesting and
00:45:31different kind of uh call-in shows so i hope you'll of course subscribe at freedomain.com
00:45:39on the podcast page for all of that so
00:45:45all right let me see here any other questions comments issues challenges problems anything
00:45:50that i can do to tickle your brain and flat your fancy
00:45:56yeah beware of the pump and dump yeah i think that's just really gross stuff i think that's really
00:46:00gross stuff i i couldn't honestly i would i i would feel so wretched if i pumped some coin and
00:46:07then it was rug pulled and you know it turned out that i'd been kind of like i wouldn't do
00:46:11it myself
00:46:12but let's say it got rug pulled and it turned out that i was kind of you know the the
00:46:17front man or
00:46:18the hand puppet for some pretty shady characters the pump and dump i would just feel terrible i would
00:46:22like literally in my brain it would just be this endless scroll of people who'd lost
00:46:26a bunch of uh a bunch of money because of something i was fronting uh that would be terrible
00:46:32all right somebody says do you have another book coming or some ideas perhaps i do in fact have
00:46:37another another book coming i am working on a very fun and interesting plot i want to start out as
00:46:46a
00:46:46traditional romance novel maybe not involving giant bulls or werewolves or something like that but i want
00:46:52to start as a traditional romance novel and then change to a spy thriller and i like genre twists i
00:47:00really do and so i have a really great idea for all of that and i'm working on the plot
00:47:06with the
00:47:07family which is a lot of fun we love spitballing ideas about how things could go but i love studly
00:47:14steel jaw you know typical romance stuff and then it turns into an exciting anti-communist spy plot
00:47:20and it's uh it's a really good a bunch of great twists that i'm really really pleased about and
00:47:25i've never written an action thriller or a romance novel in particular before the present was kind of
00:47:30in the romance novel genre but it was defied so many expectations i don't have a name as yet
00:47:36given my recent naming my book that has plot twists in it will simply be named plot twists
00:47:43yeah i would i'm really um i got particular praise for the war scenes in my novel almost which if
00:47:52you
00:47:52haven't listened to you absolutely should fantastic fantastic book freedomain.com slash books and
00:48:01action rooted in research is something that i find like when i'm writing that kind of stuff my heart is
00:48:07pounding i'm right there i see it i feel it and so i like writing as a cardio workout so
00:48:13yeah i think
00:48:14and starting out as a traditional romance novel is interesting because it would draw the ladies in
00:48:19and then it goes to a thriller so the men will grit their teeth at the beginning and enjoy the
00:48:26end
00:48:27romance inspiring yes yes i'm pleased with the novel just poor i thought that was a good title
00:48:34uh but i wouldn't say that titling is my strong suit the original title for that book was the
00:48:40fight of the flown because i was reading stuff like the mill and the floss and the fight of the
00:48:44flown
00:48:45was the original and uh so yes i'm not ideal at naming books but again i don't have a formal
00:48:52publisher so i come up with it myself and you can't be good at everything i mean just look at
00:48:57my
00:48:57thumbnails yeah i think i think it would be fun to write and it would be a nice break from
00:49:03some of
00:49:03the more serious and dire stuff that i have to work with on a daily basis in particular the call
00:49:07-in
00:49:08shows where people are and justly and rightly so talking about their difficult childhoods and so on
00:49:12it would be a lot of fun to do something that really is genre busting and i've been reading a
00:49:22couple
00:49:23of romance novels in preparation they are very interesting
00:49:29i well so what could you read to a kid um probably i would start with
00:49:37almost is is an exciting war story so that could be for kids um and the present not the god
00:49:47of
00:49:47atheists which is very raunchy but the present is another one that is
00:49:54better in bed than red perfect perfect so
00:50:02all right let's see and any other questions comments so we can have a shorter show tonight
00:50:06i'm sorry we couldn't get maybe i'll do one this weekend uh more of a call-in show
00:50:12uh what aspect of talk therapy do you value my therapist is very good on being empathetic
00:50:16almost to a fault but i don't think i'm progressing as he does not provide much insight
00:50:22uh well i will tell you what i found the most valuable about my talk therapy because lord knows
00:50:30i haven't talked enough about me tonight but for me the most valuable aspect of talk therapy
00:50:36was the moral boundaries the fiery moat of good and evil that is the only thing that can protect you
00:50:43in a fairly fallen world so you know the thou you shall not pass none shall pass having a fiery
00:50:51mode of unacceptable behavior is really essential i got that out of therapy which was this person is
00:51:00dysfunctional this person is not well this person is manipulative this person is subversive this person
00:51:07is sabotaging this person is self-destructive and so on right i mean i remember when i was in therapy
00:51:16i was chatting with a girl in my yoga class and uh i was going to meet some friends to
00:51:23see a late
00:51:24night movie and i invited her to come along and she was very enthusiastic and i said listen i don't
00:51:28mean to rush you but if you could uh get changed quickly uh the movie starts relatively soon and it's
00:51:35a bit
00:51:36of a drive and so if you wouldn't mind and i sat at the i was really i didn't want
00:51:43to leave because
00:51:43seemed kind of rude i i stood at the gym entrance uh i think it was almost 40 minutes and
00:51:52i don't know
00:51:52what was going on in there right and uh we went to see the movie and it was nice and
00:51:58we chatted some
00:51:59more and then i dropped her at home and i was like eh you know like and i've talked about
00:52:04it with my
00:52:04therapist and my therapist was saying something like and i was like well why what was going on in
00:52:08her mind why would she not notice or why would she not think and maybe it's possible that you just
00:52:13kind of somehow lose track of time and you've been told to hurry and you've agreed to hurry by the
00:52:17way because if she said i'm going to take 40 minutes i'd say well maybe we can do it another
00:52:20time
00:52:21because i don't want to miss the first 20 minutes of the movie but she said no i'll i'll be
00:52:25out and
00:52:26and so do you just lose track like maybe you just lose track i mean maybe if somehow you just
00:52:30lose
00:52:30track of time you come out and you say oh i'm so sorry that was it's so rude i said
00:52:34i would be in a
00:52:34hurry i can i just kind of spaced out lost track of time whatever i mean that's not ideal but
00:52:38at least
00:52:38it's acknowledging that there's sort of an issue and a problem but she came out and she was like i'm
00:52:42ready and it's just like what do you even say like what do you even say does and and i
00:52:46remember my
00:52:47therapist saying what does it matter why she did what she did that she did what she did is all
00:52:54that
00:52:54matters why does it matter why she did what she did and that was quite because you know and this
00:53:00is
00:53:00why when i say to people intentions don't matter that was sort of the lesson that i got because
00:53:05it's easy to theorize and lose yourself into other people's intentions and motivations it really is just a
00:53:11form of mysticism because if they're rational clear and direct and honest they will tell you
00:53:17their motivations and you'll know if on the other hand they are you know false and manipulative and
00:53:24this that or the other then you will never know their motivations because they'll never tell you the
00:53:29truth so either you know people's motivations in which case you don't need to theorize or they're
00:53:34manipulative and a sort of hall of foggy mirrors in which case they'll never tell you their true
00:53:39motivations and that's why motivations are mysticism you either get them delivered to you
00:53:45with a bow or they're completely inaccessible to man god reason or nature so that aspect of things
00:53:52was really important for me just it was non-empathetic rude dissociated behavior and i remember you know
00:54:00for weeks afterwards she'd come up to chat with me after yoga class and and i was like yeah you
00:54:05know
00:54:05happy to chat or whatever but i mean it was pretty clear she wanted to go out again but i'm
00:54:10like
00:54:10my man wasn't going to ask her because that's weird now it shouldn't take that much you know if you
00:54:17know anything about women you know that they will go and talk to their friends if they have a date
00:54:21and this moment wasn't exactly a date i mean we didn't hold hands or kiss or anything but
00:54:25they go and now if if this woman had said oh i met this guy at yoga he's really cool
00:54:32and
00:54:32they took me to a movie and blah blah blah and then he didn't and he didn't he didn't call
00:54:37me
00:54:38again or he didn't want to go out again or he didn't ask me again uh then the friends will
00:54:42you
00:54:42know the coven will gather and put their heads together over the over the cauldron and they will
00:54:47try and puzzle out the mysteries of steph's motivations and they will examine and overturn every
00:54:52possibility blah blah blah right and they will say okay well what did he say well he said uh you
00:54:58gotta
00:54:58hurry okay how long did it take you uh about 40 minutes well there you go right they will
00:55:05climb every mountain they will look at every possible permutation of human combinations of
00:55:10potential behavior and they will puzzle it out and so this wasn't you know if you've ever met people
00:55:17where you can't comprehend that they don't know something you know like if you say i'm gonna hurry and
00:55:24then you end up being you know for me hurrying was 15 20 minutes you know 40 minutes or whatever
00:55:31it was
00:55:31i can't remember exactly but it was just one of these like what the hell what's going on and coming
00:55:36out ready you know it means that the person doesn't sort of process basic reality doesn't remember
00:55:42commitments doesn't have any particular empathy and so on but it's okay because she was very pretty so
00:55:48what did it matter just kidding so for me what i found most valuable about therapy was trying to
00:55:56get out of the the endless quicksand of trying to puzzle out other people's motivations that's
00:56:02really important and just the moral boundaries just the moral boundaries i mean i remember um my
00:56:11therapist said about someone in my life that person has an unlived life as a murderer
00:56:20that was and she had good reasons for it when she puzzled it out my therapist so
00:56:25yes the moral boundaries what is acceptable what is unacceptable behavior what are
00:56:32the clear markers by which you can differentiate good from evil people if you have good people in your
00:56:40life your life is wonderful if you have evil people in your life your life is hell long before you
00:56:45get
00:56:45there all right boom boom all right
00:56:58right mind reading crystal ball mysticism yeah that's really terrible
00:57:04also not always a way of proving motivation i didn't mean it could easily be a lie anyway
00:57:09yeah i mean i didn't mean it is a form of passive aggression i didn't mean to i didn't mean
00:57:15to blah
00:57:15blah blah right now occasionally whatever i mean if you're play wrestling with someone and you elbow
00:57:19them i didn't mean to sorry well that's kind of understood with play wrestling but most times when
00:57:24people say i didn't mean to what they're trying to do is get you to believe that you're crazy for
00:57:30misinterpreting or being upset with them
00:57:34can't says that intentions and free will are more important than outcomes
00:57:39can't is wrong i'm an empiricist right so so let's um let's take an example this should be relatively
00:57:47easy to prove or disprove so let's take an example of the confused physician so let's say you have a
00:57:55physician who mishears your complaints and gives you a prescription for something but the prescription
00:58:04turns out to be exactly what cures you let's say that another physician hears your complaints
00:58:11and has the genuine intention to help you or heal you but makes a mistake in the medication and causes
00:58:17you to become paralyzed right so one one of them is careless in listening and jotting down notes and
00:58:25kind of confused but they end up writing you a good prescription that saves your life and has you
00:58:29healthy another one is very diligent but makes a mistake although he definitely wants to heal you
00:58:35and then makes you paralyzed one of them has the intention to heal you the other one is maybe just
00:58:40wanting a bunch of billing or is hurrying you along or whatever so uh the intention to heal you versus
00:58:48being careless matters less than whether you get healed now it certainly is true of course that the
00:58:54conscientious doctor will most likely heal more people but in that particular situation if somebody
00:58:59accidentally writes you the right prescription that's better than somebody who deliberately writes
00:59:03you the wrong prescription
00:59:08all right
00:59:11four kids deep since i found free domain says eric i can't imagine what my life would be like if
00:59:16i'd never
00:59:16discovered your material upb in particular has been a guiding light for me all along thank you man
00:59:21thank you eric and how wonderful i envy the size of your family i love my family but i would
00:59:27have preferred
00:59:27more kids if it had been up to me but it was not all right
00:59:33john says no motivation and intentions are not mysticism in the former case everyone has
00:59:39motivations whether they tell you explicitly or not in the latter intentions are purely agent-centered
00:59:46well it's not mysticism in that it's magic and the people are filled with ghosts and the spirits of
00:59:52ancestors and so on what i mean is mysticism is the pretense of knowledge you can't achieve or attain
00:59:59so it would be mysticism to say i know exactly how many oxygen atoms are in this studio
01:00:05i mean it's not mysticism in that it's magic and spirits and ghosts and goblins but it is knowledge
01:00:11that i can never actually attain i can never attain the exact number of oxygen molecules
01:00:21in this room so when i say it's mysticism what i mean is that you end up making up
01:00:29things and it is mysticism because as i said before if somebody's honest they'll tell you their
01:00:33motives if they know them and they may not know their motives right i mean i have had a long
01:00:38conversation with somebody just the other day where trying to get to the root of their motivations took
01:00:44two hours and not many people have the skill to or the persistence to navigate that kind of
01:00:50a conversation so no it's not mysticism say everyone has motivations whether they tell you explicitly
01:00:59or not uh sure yeah i mean i mean you're totally right john i mean it's not mysticism in the
01:01:06way that
01:01:07believing that there are spirits of the ancestors swirling around us and you're totally right about
01:01:11that i use the term mysticism in that you end up having to make up facts that you will never
01:01:19have proof of or have access to because you are trying to because you can just lie about these
01:01:24things there is no objective way to determine someone's intentions because they can claim any
01:01:31intention they want so now of course in in a court of law right i mean if somebody uh is
01:01:37a convicted of
01:01:37first degree murder they went and hired a hitman they paid a hitman and so on you can say well
01:01:41their intention was to kill sure but for the most part in in personal interactions where you don't
01:01:46have access to discovery and uh expert lawyers to cross-examine witnesses and empirical proof and and
01:01:53a structure of law trying to figure out why people do stuff is not relevant compared to their actions
01:02:05so if somebody repeatedly insults you then what matters is that they repeatedly insult you now you
01:02:13could say well they really love you but they don't know how to express it or well they're just jealous
01:02:18and they really admire you but you know they're torment like you can just make up anything you want
01:02:23the only thing that matters in human interactions is the empiricism of what people actually do
01:02:30it's the only thing that matters
01:02:36all right uh somebody says hi steph my girlfriend passed away two nights ago and i'm wondering if
01:02:43you had any advice on how to move forward she was my main support system
01:02:52i'm so sorry i'm so sorry um it's very heartbreaking it's very heartbreaking i mean you're just gonna
01:02:59have to roll into a ball and cry you're just gonna have to grieve and let the grief pass through
01:03:04you
01:03:04it's like kidney stones or expelling a demon it just let your body do the grieving let your body do
01:03:11the
01:03:11healing accept the emotions don't fight them you're gonna go from anger to sorrow to self-pity
01:03:18to frustration to agony to loss i mean there is stuff that just has to be worked out really
01:03:25in the full brain like all the way down to the lizard brain and i'm really i'm really sorry about
01:03:32that and if you want to do a call in i'm happy to uh chat about it more freedom.com
01:03:38slash call you
01:03:39can do private or public whatever you like and i have not had to deal with that so my advice
01:03:47is
01:03:47largely theoretical i haven't had to deal with the death of a loved one and it's not because i don't
01:03:55love people i really do but i've not had to deal with it so um nathaniel brandon wrote uh was
01:04:03it
01:04:03the disowned self i think it was he wrote nathaniel brandon who was the psychologist associate slash
01:04:11creepy lover of ayn rand wrote several books that were very good in the realm of self-knowledge and
01:04:17psychology and in he had his wife drowned in their pool in some manner and he talks about
01:04:22you know just the howling the agony the curling up just that there's a sorrow that you just have
01:04:27to kind of let let ride you and and so on if that makes sense and sorry i just wanted
01:04:33to go back
01:04:34to something that john balfour said so he said he comes here just for entertainment that's his
01:04:40motivation he comes here to mock to laugh to insult and so on right and then he says no motivation
01:04:46and
01:04:46intentions are not mysticism in the former case everyone has motivations whether they tell you
01:04:50explicitly or not and the latter intentions are purely agent concentric which is you know an
01:04:54intelligent and valuable and useful addition to the conversation and i appreciated the requirement
01:05:01for clarification about my term use of the term mysticism so even with john where he says
01:05:07steph is not a thinker and i'm only here for entertainment and then he engages in i think a
01:05:13very productive and helpful philosophical way so who knows what his motivations are even john doesn't
01:05:18know so all right
01:05:27canada would have been a better place if they'd only let you speak publicly
01:05:33yeah but of course i wouldn't be as good a person if they'd let me speak publicly
01:05:45all right
01:05:49like it would be mysticism let's say so it would be mysticism to claim that i know what you john
01:05:57dreamt of last night that without you telling me and without any evidence or reading your diary or
01:06:02whatever right it would be a kind of mysticism if i said i have the uncanny ability to know what
01:06:07you
01:06:07dreamt about last night right that would be a mystical claim because i would not be able to get that
01:06:12knowledge directly and so intentions are sort of the same way in terms of mysticism
01:06:28it is immeasurably more efficient to measure others by their actions that doesn't mean that it's not
01:06:34important or enlightening to understand your own motivations when they may not be apparent
01:06:40yes i think that's very very true
01:06:46yes i think that's very true
01:06:48and okay
01:06:48and okay
01:06:52oops
01:06:55i have the loudest keyboard
01:06:59in the known universe
01:07:08all right
01:07:17do do do do do do do do do do do
01:07:21all right let's see here
01:07:33somebody says i don't know what my motivations are anymore thought i did but now i don't know
01:07:37yeah it's tricky and of course each
01:07:41aspect or phase of life you know childhood teenage years young adulthoods middle age old middle age
01:07:48old age parenting husband grandparenting each of them have their different sets of motivations
01:07:54and costs and benefits and so on right
01:08:14so
01:08:22i'm just looking up
01:08:26yeah so
01:08:28any other questions
01:08:31comments issues challenges
01:08:47yeah so to me a mysticism is a claim of esoteric knowledge that cannot be
01:08:52achieved empirically
01:08:54and usually of course it's associated with the god or ultimate universe or
01:08:58some sort of foreign consciousness or something like that for sure
01:09:03but when you are trying to plumb esoteric knowledge that you cannot directly access and
01:09:08then claim to be able to possess it
01:09:09that to me would be
01:09:10taking the
01:09:11mystical approach to
01:09:13epistemology
01:09:23our children will act out when they seek connection but we can't judge them based on their actions but rather
01:09:29the underlying needs not being met
01:09:36when you say you judge people well we judge children very differently than we would judge adults right
01:09:41i mean you've heard me say this a million times in call and shows that if you are abused by
01:09:46a sibling it's a different matter from being abused
01:09:48by a parent by an adult by a caregiver and so on
01:09:52children are not in a state of free will they are not in a state of being in control
01:09:57of their environment in the same way that
01:10:00if someone chooses to voluntarily marry a man who is abusive
01:10:07then
01:10:08we would say that was an unwise decision right
01:10:11your husband beats you up or your boyfriend beats you up and you stay with him
01:10:14we say it's an unwise decision
01:10:15and we might judge someone for that decision
01:10:19on the other hand
01:10:21if someone is
01:10:23forced to marry someone who turns out to be abusive
01:10:26and they're not allowed to divorce
01:10:28they're not allowed to separate
01:10:29they will be killed
01:10:30if they divorce or separate
01:10:31then we would not have the same judgment for someone who is compelled
01:10:36or has no control over their circumstances or environment
01:10:39as someone who does have control over their circumstances or environment
01:10:43in other words
01:10:44we can only morally judge people for that which they can voluntarily choose
01:10:48and we do not choose our parents
01:10:49we do not choose the country
01:10:51we do not choose the class that we're born into
01:10:52we do not choose the race that we're born into
01:10:54we do not choose the culture that we are born into
01:11:00I have read Dante's Inferno
01:11:02and yeah it would be interesting
01:11:04I would have to go through it again
01:11:06and so on
01:11:07so women as a whole will tend to
01:11:11treat people as if they are less free than they are
01:11:14right
01:11:15which is why they have sympathy for criminals a lot of times and so on
01:11:17and so
01:11:22one of the things
01:11:22as women sort of evolved to deal with
01:11:26beings who have little choice
01:11:28and are very much subject to
01:11:32an unchosen environment
01:11:35whereas men generally deal more with
01:11:37evolved to deal more with adult issues
01:11:39where you hold people morally responsible for their choices
01:11:51all right
01:11:52yeah and
01:11:54looking at the degree of choice people have
01:11:56is how we scale
01:11:58the degree of moral judgment we apply to the situation
01:12:02obviously
01:12:03if a baby pees
01:12:05in your eyeball
01:12:07while you're changing the baby's diaper
01:12:08hey he's going to be a fireman
01:12:09then
01:12:11we don't judge the baby morally
01:12:12because the baby is not choosing to do any of that
01:12:14however if an adult holds us down
01:12:16and pees us in our eyeball
01:12:17that's egregious assault
01:12:19then we would put them in prison
01:12:21right
01:12:22because the baby doesn't have a choice
01:12:23in controlling its bodily functions
01:12:27whereas the adult does
01:12:30in the same way
01:12:31if
01:12:33if somebody is drunk
01:12:34and crashes a car
01:12:35we hold them morally responsible
01:12:36but if somebody didn't know they had epilepsy
01:12:39didn't know they had any tendency towards epilepsy
01:12:41and then has an epileptic attack while driving a car
01:12:45and crashes the car
01:12:45we say
01:12:46that's really unfortunate
01:12:47but they didn't choose that
01:12:48whereas
01:12:49if somebody has epilepsy
01:12:50didn't take the medication
01:12:51and then drives
01:12:52then they're responsible again
01:12:53because they have
01:12:54a
01:12:54a choice
01:12:55so
01:12:56you have to look at the degree of choice
01:12:58that people have
01:13:00and then you can judge them positively or negatively morally
01:13:03to the degree that they have choice
01:13:05and children really don't have choice
01:13:07in very much at all
01:13:08when you're a teenager
01:13:09it's a little different
01:13:22all right
01:13:23so can women do both
01:13:25it's tough
01:13:27you know
01:13:28it's tough
01:13:29women tend to
01:13:31for a big generalization
01:13:32it's a broad generalization
01:13:34but women tend to approach the world
01:13:38with great empathy
01:13:42and with the hope that love can solve problems
01:13:46and affection can solve problems
01:13:47and with viewing negative behaviors
01:13:50as resulting from a lack of resources
01:13:52in other words
01:13:53the poor will commit less crime
01:13:54if we give them more money
01:13:55which is not true at all
01:13:56in fact the poor often will commit more crime
01:13:58when they're given more money
01:14:00and
01:14:02crime does not result from poverty
01:14:04but rather criminals move into a neighborhood
01:14:06and make everyone poor
01:14:06they're
01:14:07born in a neighborhood
01:14:08stay there and make everyone poor
01:14:10and so
01:14:11men
01:14:12generally are more about accountability
01:14:14and women more about
01:14:16sympathy
01:14:16and both of them are important
01:14:18it's a yin and a yang
01:14:19right
01:14:19I mean
01:14:20you don't want to have just accountability
01:14:21because then that's beating kids
01:14:23for things that aren't their fault
01:14:24and you don't want to have just
01:14:26empathy or sympathy
01:14:27because that's
01:14:30not holding people accountable
01:14:31who are making choices
01:14:33I mean
01:14:33you can see of course
01:14:34as
01:14:35women gain more and more political power
01:14:38the sentences for
01:14:39groups
01:14:40that women have been programmed
01:14:41to be sympathetic towards
01:14:42and in other words
01:14:44people who vote for the left
01:14:44they get less
01:14:46and less punishment
01:14:48but of course
01:14:49it's not empathy as a whole
01:14:50because women have largely been programmed
01:14:51to dislike white males
01:14:53and
01:14:55so they have that too
01:14:56so
01:14:59I think it might be true
01:15:00if we had a true matriarchal society
01:15:03well
01:15:03but women outvote men
01:15:04and
01:15:05women are moving more and more
01:15:07into
01:15:07centers of
01:15:09political
01:15:12educational
01:15:13social
01:15:14literary
01:15:14and
01:15:15media power
01:15:16so
01:15:19all right
01:15:20well I will stop here
01:15:21and I really do appreciate
01:15:21everyone's time tonight
01:15:22what a lovely chat
01:15:23with you all
01:15:24I will try and get
01:15:25an X-Space going
01:15:27this
01:15:29Sunday
01:15:29and John
01:15:29I do appreciate
01:15:30the clarification
01:15:31requirement
01:15:33for
01:15:34use of the term
01:15:34mysticism
01:15:35I appreciate that
01:15:36and that was a very good
01:15:38addition
01:15:38thank you so much
01:15:39have yourselves a wonderful
01:15:40evening my friends
01:15:41and we will talk to you
01:15:42Sunday at 10 a.m.
01:15:43for sure
01:15:44we'll do an X-Space
01:15:45for that
01:15:45and
01:15:46freedomand.com
01:15:46slash donate
01:15:47to help out the show
01:15:48shop at
01:15:48freedomand.com
01:15:49for your tasty merch
01:15:50freedomand.com
01:15:52slash books
01:15:53for the books
01:15:53and peacefulparenting.com
01:15:54please be
01:15:55to
01:15:56help
01:15:57to
01:15:57share
01:15:58all right
01:15:59lots of love everyone
01:16:00take care
01:16:00bye
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