And

to even further that, Tether was initially issued on Bitcoin, on OmniLayer.

Like MasterCoin was a Bitcoin product before all the first millions – I don't even know if they crept into the billions.

But the first millions of Tether were issued directly on Bitcoin to your point.

Yeah.

So there's a lot there.

We could talk for seven hours on this stuff, I'm certain.

and how they have affected maybe public sentiment in the prediction markets?

I'm really glad you're back.

Yeah, it was so much fun.

Yeah, as I was saying to you guys off air, I get asked to do shows and I so rarely am very interested in the conversation and super happy to be back because the boys have been on such a heater and since the last show, guys, I'm telling you, All I have done since the last time we talked is listen to Phish.

Like, I know that's, like, you know, maybe I shouldn't be proud of that.

Like, I don't know.

But it's just – it's all I've listened to.

Like, my wife, my family, just they're like, you're just – because I just – I played the whole tour while I, like, cooked dinner, you know, because it was just online.

So that was what you, you basically based that chapter off of that.

You don't do that unless there's a reason behind it that you see coming down the road, I guess, right?

Yeah.

And you can read this on the government website.

It's on congress.gov. You can pull up the 2027 NDAA, and you can search for Section 219, which is on page 102, and it lays out the groundwork for...

Merging certain aspects of the IDF and the U.S. military, including cyber warfare, electronic warfare, autonomous systems.

So that's, you know, that's the that's like the drones that we're using, that we're kind of we're using in Gaza right now with with that are that are making the A.I.

Kill decisions that are, you know, the AI power in that is that's a Palantir product, which I think we've spoken of before on your show.

uh, five, 10 years from now.

Do I have that right? (laughs)

Yeah, more or less.

You know, I mean, it's obviously, it's very complicated.

You know, very, very much so by design to sort of confuse everyone about what the real play is here.

And, you know, of course it was a bit speculative, you know, a year plus ago whenever we did talk, um, but a lot of it has come to fruition and we're now seeing, you know, like the special advisor to Putin the other day coming out and being like, "Hey, I think crypto is actually a big ploy by the United States government to, uh, deal with their debt problems." You know, that was, that was a story that came out.

And so basically, the thesis of the Bitcoin dollar (clears throat) and the idea of, you know, offloading all of this, you know, inflationary effects, finding a buyer, uh, for, for the debt of the US government.

Um, (clears throat) the, the, the quick, the quick, uh, summation of it is, you know, we all kind of know how the Petrodollar works, right? Where we're, we're offloading, um, our inflationary effects by forcing people to buy dollars to be able to get oil.

Your photos will be deleted." The TSA also says this, but it's much bigger than just the airport.

I invite you to try to as concisely as possible summarize what is the Bitcoin dollar? Like a person at the bar has, you know, they just order their tab and they're, you know, on the way out and they're like, okay, what do I take home with me about what the Bitcoin dollar is? What is that? And then we'll dive into it.

Yeah, sure.

So 35 minute rant incoming.

No, no, I try not to do that.

Well, so yeah, I appreciate you pulling out that line.

You know, like if I could have written this book without using the word dollar or Bitcoin, I would have because it is, you know, and that's why I subtitled the book, The Economic Monomyth, where it's this, this is a continual pattern that humans have had to deal with as technology has evolved and the technology of money, the technology of communication as communication technology and money have merged.

Um, and as humanity has just scaled, you know, now we're kind of reaching the, the, we're reaching full blocks of like human, like earth communication, you know, we're like, we're really saturated, um, with, with communication.

What do you leave the listener with who is gray and sometimes black-billed listening to you outlay this Bitcoin dollar problem? Where do they go from here? What do we do?