everybody I wanted to make a video today that's not related to Cardinal directly but it is actually related to our movement as a whole and it's a topic that's near and dear to my heart and it's a topic a little different from a normal cryptocurrency video and that it's about propaganda and in the affects of propaganda the flow of information the reason why this is relevant to us as an industry is that these systems once they're no longer curated by a collection of founders or founding entities are actually curated by democratic processes which means each and every user of the system has to have an opinion about the system what it does where it's going to go and as with all functioning democracies we make this assumption that people are not my white board rational and that people are able to take some sort of input and that they're able to then reason about it so if we talk about an isolated Society for new information that no one has ever seen or heard before this is probably a somewhat reasonable thing like for example when a student is studying mathematics that's not a very politicized topic and it's something that you know people are fairly comfortable following some sort of dedicated approach and keep sceptical mind and telling you what you don't understand except for etc so you know you have some sort of expression you can evaluate that the problem is that we live in a society due to mass media where people are propagandized we are all in our own ways victims of propaganda and unfortunately this forces us to start exhibiting some patterns which are pretty dangerous and wherever I see them I do point them out so many of you know that I have a Twitter feed and that is a personal Twitter feed so I do share card on related news because 90% of the time I'm working on card on oh so if I'm expressing what I'm working on or my personal opinion nine times out of ten I'm having an opinion about crypto er Cardano and about ten percent of the time I will tweet something an article video and then people who like it are like wow you're amazing and enlightened and then people don't like it say stick to blockchain you don't know anything Charles I love you but I cannot believe you've been swayed by the evil side and so the United States we have team red and we have team blue and one of the points of this video is to tell you that they're no different and they appear to be different they say different things but they end up doing the same things you see I've been through the effects of propaganda twice once as a member of the Ron Paul campaign and once dealing with cryptocurrencies in general in the media's response to Bitcoin so in 2007 when I was working with the Ron Paul campaign as a volunteer I we had a platform with three pillars on it it was a very simple platform very understandable it was bipartisan so we said maximize personal liberty by following the Constitution we wanted a humble foreign policy and sound money that's pretty much it so follow Constitution sound money and humble foreign policy those are three pillars why because in 2007 for six years in September 11th we watched a lot of our constitutional rights erode and in fact in many ways our industry our campaign predicted this five state and was aware of the spy state that Snowden revealed second we noticed that our national debt had gone from four trillion dollars to nearly doubled and at the time I wish we could go back to nine ten trillion dollar national debt but we were really concerned that the dollar just couldn't sustain being basically to face on a daily basis and then finally a humble foreign policy we had all these wars we went to in particular a rock where the reasons for that war were basically just made-up and there was a lot of evidence that people knew what they were saying were lies Colin Powell's UN speech for example though he said maybe we shouldn't go to war on lies maybe we should try to follow this constitutional document not ignore it on a regular basis and maybe our money shouldn't be so bad and you know that was basically the the philosophical core of the campaign now Paul was never meant to be president we all knew that but that wasn't what it was about it was about having that conversation and saying why are these bad things and let's discuss where we should deviate for them because for a long time we have been and at some point we're going to face the consequences of this we have blood on our hands our money will become worthless and if we allow our constitutional rights just to disappear then what's to stop us from dissolving into a tyranny and you know what happened something called the Tea Party formed in in the beginning the Tea Party was bipartisan there was as many Democrats as there were Republicans and the unifying feature was they were fed up then you know what happened Paul because he's not the best of leaders allowed the Tea Party to be co-opted and the tea party stopped talking about sound money following the Constitution and a humble foreign policy and they started talking about banning gay marriage and started talking about abortion and started talking about how bad Team Blue was you know what that means they were propagandize and unfortunately this whole campaign kind of won away and everything you were trying to do away now those of you on the other side of the political spectrum may remember Occupy Wall Street and Occupy Wall Street was asking a very simple question which was why is it that nobody went to jail we had the greatest financial crisis since the Great Depression and all these bankers you made hundreds of millions of dollars and got bailouts suffered no personal consequences and still have jobs or nice and retired and we'll have jobs again and every day people got devastated and we elected this president who's supposedly outside of the normal political order and he's got a supermajority so he has 60 senators and a supermajority in Congress meaning no vetoes possible no no filibustering is possible you could on a party-line vote do whatever he wants and he just seemed not concerned at all about putting any of these people in jail so you know what we're gonna do is we're just gonna say screw the system let's change it and they had a huge protests they filled Wall Street hundreds of thousands of people across the United States saying we demand some sort of political event to have a discussion about the way our markets work and about the the unfairness of things and again it was completely ineffective really nothing was done a lot of well intended people a lot of good questions were asked it got co-opted and destroyed by our good friend propaganda all right so then that coin comes around in 2009 and this is the ultimate media counter information campaign I have seen so many things said about Bitcoin during my career in this industry nine years in the space seven years professionally and what have I seen I have seen things like only four drugs I've seen things like will die by X prominent economist why says Z about the claimant Z is always negative okay overwhelmingly negative articles mocking us from Stephen Colbert making videos about how we're incomprehensible to basically everybody just saying that we're just a bunch of criminals to an overemphasis on certain actors who had only very small influence like Silk Road for example and now GOx so for now since 2009 and for all the people have been aboard this train for 11 years and myself for seven years I've had to deal with this on a day-to-day basis and even today I see people who have irrational opinions about cryptocurrency they don't really understand it and then when that narrative wasn't working you know what happened well they change the narrative in 2017 you'll get rich and of course the media knew I knew they knew because they told me there was not a single person in 2017 when I did an interview in 2017 on the financial press side that didn't believe you were in a bubble yet they talked about in 2017 about how everybody's getting rich with cryptocurrencies why well they talked about that because the collapse was coming and once the collapse comes all was undone all these middle-class people or people who bought crypto thinking that they were gonna get rich basically got broke they lost 90 percent of their value so maybe that will sour public sentiment about crypto currencies but it didn't work perplexing as it is apparently people just stuck with it so this is the first time as a movement that I've been involved in a movement or knew of a movement that's happened in my political life time where we didn't get co-opted and we didn't get propagandized out of existence Bitcoin seems to be pretty resilient about all of us and what are we really doing here you see what we're doing here is we're asking fundamental questions about the nature of governance in society it's just nothing to do with money 2017 they tried to make it about money to try to get a lot of people to get poor because they knew a bubble was gonna burst and before that they tried to make it about drugs they being the professional media class and people who talked about Bitcoin in the public circles it was almost always derogatory that people even kept websites about how many times Bitcoin dies how many proclamations that Bitcoin is about to die and they still push Peter Schiff bitcoins going to zero or who be near or whatever the expert of the week happens to be but the fundamental about society in general okay you if you live in a democracy get to vote you if you live in a free market you have property you if you live in a free country have rights and those rights are generally written in some sort of Constitution you if you live in a free society you have money and you own that money or at least the government claims you do and you love I can leave it behaves by predictable rules or else why the hell are you trading in products and services for it why are you trading your life for it why do you have a job these types of things okay and etc etc etc etc etc now all of these things unless you live you know live through the collapse of the Soviet Union or something like that you probably didn't have a single decision point on or vote on in fact probably you inherited it okay you were born into this system you can get to choose this particular configuration you were born into this configuration you just have to accept the country that you were born into how these things work some are very very good about rule of law other ones couldn't care less about it so what we are doing is saying wait a minute here we did not consent to this concept of a global economy it is an emergent property a better communication better travel education and being able to understand each other okay so all these nations which have a particular opinion about this which you may or may not have had any ability to influence are suddenly now working with each other and what they're doing is they're building a giant global governance framework World Trade Organization World Health Organization this organization the IMF the Bank of International Settlement there's hundreds of these transnational organizations that exist and they have an opinion about how Congress should be done how money should work how property rights should work how people should express themselves or not express themselves and you don't get to sign any of that these are all being decided by people who were never voted into power or you know we're not voted to decide these types of things and this has been happening for decades and decades and decades and decades and decades without fail okay so there's a whole order with this global economy and this order has proven time and again not to really care so much about individual liberty it cares more about stability and it doesn't care so much about human rights it doesn't care so much about human life just cares about stability and preservation of power of the particularly large nation-states and what's my evidence for that well we have hundreds of examples of it just to use a few look at the malaria epidemic it's a very cheap epidemic to treat in fact for the amount of money that we spent on male pattern baldness research we probably could eradicate malaria but for some reason the world order doesn't want to come together and cure disease that's killed more people than pretty much any other except for influenza another example of coordinate all the time we see genocide happened the Nuba people in Sudan terrible events in Congo all throughout the world where is the world order to save them they're just absent absolutely absent no one seems to care about them the same with all the atrocities in Southeast Asia again and again and again and again hundreds of examples where basically people who don't have economic value for this global order for some reason they just get ignored and basically this means millions of people die I don't need to belabor the point it's been around for a long time and when I bring it up people say oh well that's because life isn't fair but here's the great contradiction of where we are at so right now 184 countries 184 countries currently have kovat now ghovat 19 I've spoken about before it is a disease HIV is disease influenza is disease there are many diseases out there more than we can count more than we can know about and discover new ones all the time new ones are created all the time through evolution okay so we have 184 countries that have this disease and it's new so we do not fully understand a bunch of stuff about it we don't understand the transmissibility of it so that are not if you get it how many people are gonna spread it to we don't understand the case fatality rate you don't understand treatments yet okay we do not have a vaccine for it we're developing one but we don't okay there's all kinds of things yada yada yada is it durable when temperatures go high other words is it seasonality how long does it live on surfaces because it's new we don't fully appreciate or understand these things yet okay so we also don't know how many people have been affected how many people have antibodies or great you don't understand that so it's perfectly reasonable when you have a completely new disease that is impacting 184 countries to try as quickly as possible to understand these things the transmissibility the case fatality rate to understand where we're at with vaccines understand where we're at with treatments and then based upon that you create a risk profile because here's the reality about life stuff is risky you get in a car get in the taxi John Nash got in the taxi coming back from receiving a prize he and his wife both died because of an accident I knew Nash so everything we do from the food we eat which could be poisoned or contaminated by Exxon or on purpose to getting in a car there is a chance of death just going outside and getting sunlight getting a sunburn gives you a chance of getting skin cancer at some point everything you do carries the risk profile and some are small and some are large for example if you smoke over a long period of time you're creating a large risk of a bad outcome emphysema COPD lung cancer etc etc and more susceptibility to opportunistic infections for those who smoke for example pneumonia so if you smoking and get interstitial pneumonia much higher chance of being ventilated dying especially what's killing a lot of people in Italy a lot of that o be smoking class okay so we make these decisions every single day now when we understand something for example not kovat but let's say driving apparently there's no political urgency or debate whatever your rules for your society happen to be these rules here those fundamentals that you live in society just goes with it okay even if you have a high risk profile kills lots of people 5060 thousand people per year putting friends at mine but when apparently were unknown this right here this is being treated so differently that here's what we're doing in the United States of America right now without debate and I'm not even allowed to debate it and I'm a conspiracy theorist and evil human being if I even have the audacity to say anything about it we have suspended the Constitution he's all you're just a crazy loon well I don't have freedom of association anymore I can't go and talk to people can't go outside anymore it's a crime for me to go outside don't have that not allowed to do that so that's their freedom of religion people can't congregate and actually practice their religion that's a crime and you can go down the list constitutional right after constitutional right they say for the greater good because this thing is so dangerous and will kill so many people we're just going to freeze up the entire economy apparently we don't have freedom of any commerce anymore the government is now taking over nationalizing parts of our economy they told all of our businesses they have to close and now they're subsidizing them was money printed out of thin air so we've printed six trillion dollars out of thin air and we'll get to that we've suspended the Constitution there's now a state-sponsored economy because of the defense production act and again again more and more and more and more and more and more stuff with the ability the option to escalate no democratic process we had DNA for our society our highest law was the Constitution and overnight it basically does not matter this disease apparently takes precedent over it and if you have any audacity to question this you deny science you're anti science you just want a lot of people to die originally they tried this mass media to say that it was old people you hate old people that wasn't so politically effective so now the new narrative is you racist and you want black people to die or Mexicans to die because they're disproportionately impacted we'll talk about that in a second the six trillion dollars as I mentioned how much money is that well take the entire national debt from every single US president from George Washington to Bill Clinton this is more if you print out of thin air enough money to give every single American under the age of 55 that makes less than a hundred thousand dollars two thousand dollars a month just free universal basic income this is five times more money than that they just printed it out of thin air did you vote on it no are you going to endure the implications of it yes was there any major debate about it well Team Blue was really concerned about things like well can we get diversity on corporate boards and can we make sure we fund alternative energy and some part of the green you deal so they don't really care at all about printing the money and team red said well you've got a red guy here we gotta support the red team so we're not even gonna discuss it or debate it everybody who does that is just wants people to die so this is this is our current reaction and reaction where we do not understand the transmissibility you do not understand the case fatality rates that we have no idea we're on the weird risk spectrum it's it's we are starting to get early evidence that we have plenty of treatments available and by the end of this month or certainly by the end of May we'll probably have two or three treatments that are good treatment for a RDS has improved more in three months than it has the last ten years so if you get it today your chances of dying from it today are lower because we know more and we know how to treat you within two months significantly lower when we have better drugs perhaps from des aveer perhaps others and we're well on our way to vaccine in fact there's even people saying that in quarter four for certain Oscars populations if the safety and efficacy trials are cleared they will be available certainly by quarter one of 2021 so apparently while this is a problem it's not the Spanish flu but we can do this stuff and if you dare to challenge it you're a horrible human being and shame on you and apparently you're a racist Nazi it's what MSNBC is basically saying Confederate flag waving Nazi they physically use these words for anybody who has the audacity and what are the human consequences of suspending all this stuff well thirty million Americans have lost their jobs if you go to New York City I Love New York City though they're often heated Smith & Wollensky I go smoke cigars at the Carnegie Club it's a great place to be it's great place to visit there are 20,000 restaurants in New York City half will go out of business that's the estimate I've seen about this half 20,000 and overnight we lose half of our restaurants but you say but Charles this was the only way we would have all been devastated everything would have come to an end what about sweetie they chose a different model they looked at these things and said there's not enough evidence here to justify destroying our entire economy let's leave it open and let's do common-sense things in Asia I spent a lot of time there I used to live in Japan they wear masks why started for air pollution but then there was a different reason if you are sick in Asia you wear a mask to avoid spreading your illness to other people common sense right the w-h-o and the CDC for months wavered on this we don't know maybe you should wear a mask maybe you should man I've been talking about an n95 mask we're talking about just a cloth mask they sell them in 711s and family Mart's and others convenience stores in Japan they're mass-market basic thing like that and washing your hands and they said well if we can do this stuff social distancing wear a mask and wash your hands let's do that and let's wait until we have an antibody test because then we can understand the transmissibility and the case fatality rate the country of the Netherlands they started mass testing people and they're getting an antibody test and looky here three percent of the population has antibodies what does that mean it means that it has transferred to many many many many more people and as a consequence a lot of those people have mild to no symptoms at all that's just the fact when you have three percent of your population have an antibody for something they've gotten it they've been exposed to it and that means if they didn't show up at a hospital they weren't ventilated they didn't have a bad time they didn't even know that they had it or they said I had the sniffles I didn't think it was coronavirus because everybody was telling me this is the plague of our time that means that it's far less lethal for certain groups especially the young then we think and in every country with a high CFR there is over representation of a certain patient group those who have lots of comorbidities over the age of 55 who are obese or have smoked that's the profile those people the CFR is huge it's over five percent the case fatality rates how many people die if they contract it however if you look at the young the United States for example we have not lost millions of young people while the young people can certainly contract it and have a hard time with it the CFR for the young is extremely low even amongst those tested we're looking at less than 0.1% for the young so people under the age of 40 these are just the facts that we know and as we begin more antibody testing and we actually begin more pervasive surveillance we're getting more accurate data it's been going on for a little while so the people who are supposed to protect us the w-h-o and the CDC they told us not to do the one thing that makes a hell of a lot of sense not and completely missed the whole point of it they said oh well the mask won't prevent you from getting sick that wasn't the point the mask prevents people who are sick from contaminating surfaces their hands and other places it lowers transmissibility and it's something they do in Asia and have done in Asia for an incredibly long period of time decades common sense three things you could do Sweden didn't shut down their entire economy and they're probably going to come out the other side a lot stronger oh well look we did in the United States without any debate at all did all these things without any debate at all and half the restaurants in New York Mary Lou thirty million Americans are on unemployment now that we're not on unemployment before we've printed one we've print six trillion dollars this is an economic catastrophe so what's the media's response to all of this that I dare question and I get brutalized over Twitter a Twitter for if you're on Team Blue there are only two narratives that are acceptable Trump is evil and he's got blood on his hands and then the other narrative is society is racist that's the new one you deviated all from these two narratives then you cannot be on Team Blue you must be a member of team red and we've already decided team red is evil okay that's that propagandized narrative people are incapable of thinking for themselves Trump is evil why all because he didn't act fast enough and I posted an exposition that Hannity did now I'm not a Hannity fan he's a propagandist and he's clearly a member of team red but as a propagandist he's an expert in the production of propaganda and recognizing propaganda and noticing malleable narratives and so he put together a beautiful expose on basically Team Blue saying the same thing that sweetens said that this is not very serious right now don't worry about it quote after quote after quote after cook you know they keep saying oh we should social distance we shouldn't meet together and then they're a grenade holding rallies not talking about it quote after quote after quote after quote okay and what was the point of that well he was doing it because there was a slanderous really disgusting article New York Times that was basically saying that they have blood on their hands Hannity's guilty of killing people just like apparently those people who take fish tank cleaner for oxy chloroquine it's all Trump's fault he killed those people you forced fish tank cleaner down their throat it's a lie it's disingenuous okay but my point was to say look here narrative is malleable basically on this debate everybody has been on every side Trump didn't take it seriously it's very clear he was playing golf and other things he took some actions he shut travel down from one country this that and the other the team blew didn't take it seriously either no one took it seriously until suddenly not only didn't you have to take it seriously it's the greatest event in a hundred years this is bigger than a war it's gonna kill millions of Americans we all have to react now and then of course no let no tragedy go to waste Team Blue said oh this is a great opportunity to rally our base to win a political victory and it's a great opportunity to push a particular agenda we have about the structure of society our beliefs about society why are they saying it's racist because a disproportionate amount of minorities are impacted by this they acquire this disease why because they tend to work jobs that they can't work at home they tend to work in societies where they're closer together so they can't social distance as well as other people by the way shutting the entire economy down doesn't really solve that problem for them because what you're doing instead is you're saying hey if we shut the whole economy down if we look at those twenty thousand restaurants in New York that are now impacted and completely destroyed the vast majority of those restaurants are actually owned by minorities so what we go to 10,000 is that rich white people who losing their jobs or other people the other people and those other people they're just going to stop working they all gonna stay at home they need to feed their families they're still gonna go outside and still work so yes it's exposed inequality in society but it has nothing to do with racism disease is not racist just how society is currently structured and thanks for pointing that out team blue is that really necessary right now shouldn't every single person team blue be looking at these things getting accurate numbers so we actually understand looks like we have promising treatments there's a lot of evidence about hydroxy Clarkin but no we can't like that because a particular person likes it we have to like something else like Reb des aveer which is on patent and it's gonna be a hell of a lot of money if it comes out only one company can make it so it's it's just I just watch this and I point things out saying guys your opinions you have are not your own no one is having a fact-based conversation about this if we were here's what the American people would be demanding it would not be debate of reopen or close it down it would be saying get the facts I want to know the case fatality rate I want to know who how many people have already gotten this I want to know they are not I want to know these things and every dollar we should be spending should be towards getting these values for personal protective equipment it was a big thing in the media the controlled media where they said that we're gonna be in a situation United States where people who need a ventilator won't have one and we'll have to take grandma off a ventilator to give a younger person a ventilator make these hard choices didn't happen it was a lie and they said no well PPE we just don't have enough PPE the US medical system know the system very well family's been in medicine for 60 plus years US medical system is the most wasteful in the world if you go to Africa and you're treating Ebola in Congo if you go to Africa you're dealing with Ebola in Sierra Leone probably the deadliest disease mankind knows if you contract it they reuse their PPE they clean it reuse it that's the one disease you really really probably should throw your PPE away that prions those are the two things you really need to throw away but they reuse it in the United States we throw away the glove after every exam so we have this big debate about the availability and supply chain of PPE and hospital to switch to just-in-time purchasing so instead of stockpiling it they buy it as needed so that presupposes no disruptions in your supply chains states and the federal government never prioritize the acquisition of PPE and nobody bothered to think of PPE is a renewable resource and so bothered to develop equipment to sterilize and allow people to reuse it which would considerably reduce the consumption of PPE but no no no there was this narrative in the media of PPE shortage PPE shortage we're all going to die we don't have enough PPE how dare we need to nationalize all of America's manufacturing capacity everybody you can make something it has to be basically turned into a state-sponsored corporation for the next I don't know six months to make sure we can secure a supply chain of PPE absolutely extraordinary to me so instead of getting the facts they've really understand how bad this thing actually is I didn't do that no emphasis on it no we have to talk about how we're not gonna have ventilators and we're all gonna die from that we have to talk about how we just have a huge shortage of PPE as true yeah we do have a shortage of PPE in certain places because of historic decisions that were made and we're working through those historic decisions that were made and we're working through those consequences the just-in-time ordering systems the inability for states in the federal government to stockpile and the other thing is just hoarding a lot of people around the United States hospitals individuals corporations they have stockpiles of these things in the left hands not talking to the right hand no communication now I wonder what do we have to mass communicate to people and inform people and try to let people know what's going on oh I don't know we have this thing called the media maybe they could do something about no they don't want to talk about that they just want to talk about how this guy is evil and society is racist and of course team red here's the problem that team red has they want to win an election too and they say God when you have mass unemployment a collapsed economy the incumbent party tends not to win reelection look at Herbert Hoover 1932 on the back of the Great Depression not so good for your political chances ah so what's team red trying to do well yeah in the beginning team red tried to say along with a lot of other people this was not a big deal and it's not going to impact things and now that it is a big deal they're trying to reopen the economy because they basically don't want people lose their jobs they want a v-shaped recovery and that might be perfectly reasonable we just don't know because we don't have the facts and team red doesn't seem very interested in getting the facts no mass antibody tests we should do random sampling every community in America as soon as available should have the ability to do a hundred million of these tests and if we do them very rapidly we'd actually understand the real transmissibility the real case fatality rate not happening you see so this is just a long-term expose into the insanity of the current situation that we live in basic things like can we get protective equipment reuse it basic things like can we get the facts basic things like you know who's impacted and who's not basic things like what problem are we actually trying to solve are completely ignored and in its debt is let's push our agenda again and again let's ignore it or minimalize it so that we can try to salvage our election chances and I point these things out from time to time because they impact me they impact you they impact the entire world and also guys after September 11th when we move the chains back here we started a movement to say we should move them back not let's go back to the founding fathers Paul wanted to do that but maybe we should just you know go back to the 90s because the crisis has averted all the people who did these horrible things are dead or hiding in caves and no longer relevant and we were basically co-opted and destroyed for that and so now we stand here with a much more significant act a much greater act where massive amounts of money has been printed more than we've ever seen in the history of humanity you have States taking over factors of production hungry suspended things if you challenge the government you can be thrown into jail protesters are being thrown into jail for violating stay at home orders how much of that do you think is just go back back to normal after all of this is said and done the watchdog who are supposed to say okay this is a temporary finite thing have no interest at all in the consequences of this they rather want to push to particular narratives or more and the other team is more than happy of taking advantage of this situation or try me reserve power this is not a Democrat Republican thing a team red team blue thing this is all about when I've talked about our industry as a whole what are our rights voting property rights money all these things the fundamentals of society how should we run things this global order has proven they don't care about you they don't care about me they don't care about the truth the media doesn't care to hold them accountable for anything they really don't there is very good evidence that this disease probably came from a lab any person who even says that immediately is accused of being a conspiracy theorist and said oh well well no China would never release this on the world it's not what I said accidents happen things get leaked look at Three Mile Island look at Chernobyl institutions all the time fail and cover-ups all the time happen there was an enormous cover-up about this in November in December in January and that was precious time the world had to get the facts to understand if we actually needed to close their economy or not but instead it was covered up you figure that investigative journalists would love to bring truth to power expose things and really deeply look into this but they don't want to for some reason because it's inconvenient to this global order it has nothing to do with the orange man-bat narrative in our country and high global e speaking has nothing to do with the particular agendas of those those corporate interests in so the greatest event of my lifetime the most damaging economic event of all of our lifetimes perhaps even more than the Great Depression we don't even we're not even allowed to ask about the origin how dare we so these people they don't care at all about our rights they don't care at all about what individual nations have to say about things and this is the sole reason why I still am in the blockchain industry this is the sole reason why I tweet about these things and talk about these things I I want to rewrite the rules you see the basis of our crypto currency card on oh is the scientific method okay that's the basis this concept of professional skepticism and it's not that complicated we've all seemed to forgotten the scientific method you know you start with something you see and you have a question that you want to answer then you say okay well you know as anybody Donner said anything about this let's write down all the things that we see let's observe it then you have a hypothesis why is this happening and then you well I need to verify the thing I think is true is true let's conduct an experiment oh well then let's observe the experiment and interpret the results and then let's go and tell the world about it there you go so you question you research you have a hypothesis you conduct an experiment you observe you create some results and then you go and tell the world so everything that we do with these systems we try to follow that basic model that basic pattern and we do this for protocol design but that's ultimately protocols about society what just means I have to have a political opinion I have to decide what is a full fair voting system and my decisions are based upon observations and research and experimentation and outcomes that simple you know and this is not academic we are building a voting system we are thinking about printing vouchers for millions of farmers we're doing lending figuring out how that stuff works figuring out how stable coins work those we're going about about the flow of information and the curation of information there's dozens of projects or ideas or things that are floating around that are directly related to the systems that we're working on and the entire point of these things is to make them fair and resilient and to push power to you the edges and to create immutable rules so you remember that Constitution that says it's our highest law in the United States you can't tinker with it for inconvenient reasons apparently we can just throw it away whatever you want and if you decide you're an evil racist that wants people to die if you have any desire to talk about that to say that that's wrong well guess what honey badger doesn't care the rules don't care the whole point of our industries that systems that even if they're inconvenient or their operation may result in the death of people they will still rot just like the laws of physics no one has ever called the laws of physics unfair they are what they are we have to accept them we have to learn how to live with them and these are synthetic laws of physics so we know what the rules are and they're consistent even if that consistency is inconvenient to certain actors in this global economy you want to [ __ ] us for their own personal benefit and these systems only work if you guys and gals are able to think for yourselves as I began this entire video I said rational actors you get an input you can reason about that input we've been through a lot here there's been a hell of a journey on this video a lot of stuff has happened and in the very beginning when Kovac came out I got emails about it as early as December especially from people in the intelligence community old friends and they said Charles this thing this thing has the potential to cause some disruption we're not getting accurate information out of China and I said okay that's problematic so then I went and looked at what the institution said at that time institutions told me and they said well yeah a human to human transmission is unlikely this actually came from the w-h-o and it's all contained and I was thinking okay well do I have any history that are that research after observation in the scientific method and I said yeah the 2003 SARS epidemic in 2003 as SARS it burned out and I called my dad domain expert he lived through that his doctor I said what do you think about that he said that's probably gonna be like avian flu or a swine flu or SARS you know these things have great potential but everybody worries about him but it's gonna burn out hey that was my initial input then observations happen fact happen things happen and I started realizing okay this is probably going to be bigger what do we need to do about it we just don't know enough to be able to have a coordinated response and people need to work together rational people would have said what's on a global scale basis talk about creating antibody tests rapid testing getting our PPE stockpiles in order and making sure that everybody has what they need didn't happen didn't happen at all so a simple thought process the scientific method could walk you through this entire thing and at the end of the day we can because we reason about it make fact-based data based decisions about what we're going to do and in many cases admit we're wrong and change our opinion beginning I didn't take this very seriously because the inputs that I had told me it's not gonna be that bad and it's gonna blow over like the 2003 SARS later on as I witness more things got more data I realized it has the potential to be more serious and I wrote an email to my entire company about that and then later on I realized that okay what they're telling me is millions of people could die from this and probably will we'll probably see over a million dead by the time it's all said and done especially when it hits the most vulnerable amongst us but nowhere in that did it ever once justify this response spending the entire economy printing six trillion dollars that have thin air taking over American businesses this should have been debated and we should have before we did any of it and clear criteria of how we're getting in and how we're getting out but it just happened and everybody just let it happen because they don't really care too much about so this is a case study on how public opinion can be manipulated a case study on how you don't actually have control right now how the things you were born into these things right here probably aren't actually the way that they were claimed and that at anytime all your rights can be taken away or co-opted I've personally witnessed the co-opting myself 2007 I also saw it with Occupy Wall Street I think that was 2011 and I've witnessed that every single day in the cryptocurrency space changing narratives basically to preserve power regardless of whether that's good or bad for you and now we're here and we are turning these systems on myself taze us all these other guys and yes they do have opinions on all these things and yes long term we're going to be able to run an entire economy on them businesses on them governments on them if we want to and these will only work if you are informed and rational and able to make decisions for yourself so when I tweet about political topics it's not because I am on Team red or team blue it's not because I think Warren G Man is bad or that orange man is the savior of humanity not because I support the globalist agenda or I'm an Alex Jones tinfoil hat wearing anti-globalist it's because I want you guys to think for yourself think for yourself there are numerous books on critical thinking numerous books on applying the scientific method to your day-to-day life and tons of biases that you can learn about confirmation bias negativity bias fail ability bias there's all kinds of cognitive fallacies that we have our inability to understand exponential growth and statistics and if you train your mind then you will be able to overcome all of this you will be able to filter out the [ __ ] and not be propagandize as a final point here's a test and then I'll end this rant if you find yourself on some topic that you don't actually know a lot about and by the way look up dunning-kruger it's a real thing but if you find yourself on a topic that you don't know a lot about you're not informed about it and you have an input somebody talks about that topic and then suddenly you have this violent emotional reaction positive or negative you probably are the victim of propaganda somebody inserted that violent emotional reaction into you through mass media or indoctrination religion whatever the hell it is but if you don't know a lot about a topic why would you feel so strongly about one position or the other position which you can't even defend in the presence of facts or counter-argument if you find yourself unable to listen to people on the other side of your particular set of beliefs you probably are the victim of propaganda that's how you're controlled people tell you you have a voice but then they take your voice away with propaganda and I need you to get out of that to think for yourself train your brain understand what cognitive fallacies are to stand how to think critically understand the scientific method how to test things how to react to new information systems I'm building they push power to the edges there's no president there's no governor there's no CEO there's no leader it's you and if you are incapable of consuming information and deciding whether it's true or not whether the facts support evidence or not the facts produce evidence and support your hypothesis you can't critically think these systems are dangerous for you that's why the global order is the way it is that's why everything's structured the way it is a small group of people developed an opinion that you cannot think for yourself and as a consequence it's dangerous to give you power so in the olden days they just took it from you explicitly either through religion or total tellurian ISM they just said God needs me to take your power from you or they said I'm king I have the power because you thinking for yourself we don't have social systems that can support that it's dangerous now they say you have the power but then they take it from you by propagandizing you and robbing you of your ability to actually understand reality so that they can continue operating with all of that power but now perniciously with your consent and we have apparently given consent to shutting down 184 countries we've apparently given consent to suspending in the United States our constitutional rights nationalizing our businesses printing more money by a factor of five than what you VI would give to our people if we just started freely handing out money and throwing thirty million people into unemployment and if you dare challenge it you get crushed in the system why I'm in Bitcoin is because when Bitcoin got hit by this media machine we pushed back and we won and we keep winning so that means that there's something magical about what we have here there's something really special about what we have here and it's only gonna work long-term if you can keep it running and you're actually able to think for yourself and you're actually able to sort your way through all this stuff so that's why I share political tweets that's why I comment on these things it's not an endorsement I'm not on Team red I'm not on Team Blue I'm just asking you to think for yourself and I'm telling you use this test in your own life to really objectively look at it look at any topic that's been politicized or has the potential to be politicized and ask yourself am i having these strong emotions for some reason negative or positive or other about this topic that I don't know too much about and as an exercise for whatever you believe in take the opposite belief the other side of that opinion and listen to at least one person talk about it and ask yourself if I was a supporter of this what what would I say to support it when give yourself the best attempt to support if you find you can't do that and you have these things that's a great test for you being the victim of propaganda so it's a plea guys when you need to we need to get there I'm turning all these things on in Cardno and these things move so quickly when I enter the cryptocurrency space we were nothing and seven years is really not that long of a time it really isn't you know I I old friend of mine I met College when I met his kids they were two years old now they're let's see here 18 18 and 19 it's like right goes so fast and in a blink of the eye these systems will be fully formed about the scale of billions of people I don't want to see them turn into the 2007 Ron Paul movement where we start with great principles and then it turns into the Tea Party it gets co-opted and then these systems are used against you every single thing we do with these systems is remembered there is no greater potential to create a one-world currency where all your economic activities tracked and traced and monitored for being inconvenienced then crypto currencies could be if they're designed incorrectly and you very well because of propaganda could end up consenting to do that if you live in the United States you've already implicitly consented to suspending the entire US economy without any facts yet just models and predictions and a few people without any public debate or counter arguments posted to that come there and media didn't want to hold it accountable so they're not there to protect you anymore all right that's the rant of the day I just wanted to make it to give you guys a sense of where I sit I'm not perfect I'm not God I can be certainly wrong in many cases I am and this is just one man's opinion and the whole point of what we're doing is trying to make my opinion equal in value to your opinion and my beliefs equal value to your beliefs so if we accomplish this then we have really changed everything and this global order that has been constructed on the back of World War 2 to protect us will no longer be necessary there's more to say about that there's not all negatives there I mean we have nuclear weapons we have genetic engineering we we have AI coming without some sort of global regulatory function these things have the potential to end the entire human race though there is a reason why you'd create a system like this but the system is built on a lack of trust and faith in you as a person they took your power from you and what I'm trying to do is give it back but I'm warning you that if we don't do it right the very tools that we construct to give it back could be used to make it worse and take it from you or it could be used to enforce things and end up ending us all so we have to evolve as a species and you have to think for yourself don't take my word for it just do the test see if you've been propagandized and understand what dunning-kruger is and worked really really hard at trying to eat yourself out of those unpredicted thought privates wherever they may fall til next time thank you much have a nice day
