{"version":"1.0.0","segments":[{"speaker":"Trace Mayer","startTime":60.0,"endTime":77.58,"body":"I do to really"},{"speaker":"Trace Mayer","startTime":60.0,"endTime":77.58,"body":"mature into its destiny, but I"},{"speaker":"Trace Mayer","startTime":77.58,"endTime":80.54,"body":"think it's headed there, you"},{"speaker":"Trace Mayer","startTime":77.58,"endTime":80.54,"body":"know, and and If anything, it's"},{"speaker":"Trace Mayer","startTime":80.54,"endTime":83.9,"body":"inevitable now, so like we're"},{"speaker":"Trace Mayer","startTime":80.54,"endTime":83.9,"body":"just playing it out. Yeah,"},{"speaker":"Mike Peterson","startTime":85.76,"endTime":87.08,"body":"okay, we Good."},{"speaker":"Mike Peterson","startTime":85.76,"endTime":87.08,"body":"Yes, we're good. 5432,"},{"speaker":"Mike Peterson","startTime":123.42,"endTime":127.44,"body":"all right, we got an impromptu"},{"speaker":"Mike Peterson","startTime":123.42,"endTime":127.44,"body":"sit down with trace mayors. So"},{"speaker":"Mike Peterson","startTime":127.44,"endTime":130.08,"body":"good to meet you. Yeah,"},{"speaker":"Mike Peterson","startTime":127.44,"endTime":130.08,"body":"wonderful. Thanks for having me."},{"speaker":"Mike Peterson","startTime":130.2,"endTime":133.14,"body":"And I hear this is your second"},{"speaker":"Mike Peterson","startTime":130.2,"endTime":133.14,"body":"time here in El Salvador. Yep,"},{"speaker":"Mike Peterson","startTime":133.14,"endTime":133.74,"body":"you have a second"},{"speaker":"Trace Mayer","startTime":133.74,"endTime":136.92,"body":"time down in El"},{"speaker":"Trace Mayer","startTime":133.74,"endTime":136.92,"body":"Salvador. I've been very curious"},{"speaker":"Trace Mayer","startTime":136.92,"endTime":140.12,"body":"about what's been going on with"},{"speaker":"Trace Mayer","startTime":136.92,"endTime":140.12,"body":"the legal tender status and the"},{"speaker":"Trace Mayer","startTime":140.9,"endTime":145.34,"body":"on the field, adoption, and then"},{"speaker":"Trace Mayer","startTime":140.9,"endTime":145.34,"body":"also just the miracle that we've"},{"speaker":"Trace Mayer","startTime":145.34,"endTime":148.76,"body":"seen happen in El Salvador,"},{"speaker":"Trace Mayer","startTime":145.34,"endTime":148.76,"body":"cleaning up the gang problem,"},{"speaker":"Trace Mayer","startTime":148.76,"endTime":152.66,"body":"the violence problem, and having"},{"speaker":"Trace Mayer","startTime":148.76,"endTime":152.66,"body":"it go through this renaissance."},{"speaker":"Trace Mayer","startTime":152.66,"endTime":155.18,"body":"You know, it takes a lot of"},{"speaker":"Trace Mayer","startTime":152.66,"endTime":155.18,"body":"courage to and political will to"},{"speaker":"Trace Mayer","startTime":155.18,"endTime":159.5,"body":"make something like that happen."},{"speaker":"Trace Mayer","startTime":155.18,"endTime":159.5,"body":"And so it's nice to see see that"},{"speaker":"Trace Mayer","startTime":159.62,"endTime":161.26,"body":"actualizing into existence"},{"speaker":"Mike Peterson","startTime":162.16,"endTime":164.44,"body":"now. Definitely"},{"speaker":"Mike Peterson","startTime":162.16,"endTime":164.44,"body":"want to dive into that. I know,"},{"speaker":"Mike Peterson","startTime":164.5,"endTime":166.6,"body":"before we started, you were"},{"speaker":"Mike Peterson","startTime":164.5,"endTime":166.6,"body":"talking about, you know, you've"},{"speaker":"Mike Peterson","startTime":166.6,"endTime":171.22,"body":"always been focused on monetary"},{"speaker":"Mike Peterson","startTime":166.6,"endTime":171.22,"body":"sovereignty, and that being a"},{"speaker":"Mike Peterson","startTime":171.22,"endTime":175.72,"body":"focus that even predated"},{"speaker":"Mike Peterson","startTime":171.22,"endTime":175.72,"body":"Bitcoin. For you, this will be a"},{"speaker":"Mike Peterson","startTime":175.72,"endTime":179.38,"body":"little bit impromptu, because I"},{"speaker":"Mike Peterson","startTime":175.72,"endTime":179.38,"body":"got a call like half an hour"},{"speaker":"Mike Peterson","startTime":179.38,"endTime":182.94,"body":"ago, church mayors here, you got"},{"speaker":"Mike Peterson","startTime":179.38,"endTime":182.94,"body":"everyone podcast so from Roman."},{"speaker":"Mike Peterson","startTime":182.94,"endTime":189.42,"body":"So, yeah, so not a lot of notes"},{"speaker":"Mike Peterson","startTime":182.94,"endTime":189.42,"body":"to go by, but we'll dive in. And"},{"speaker":"Mike Peterson","startTime":189.42,"endTime":193.26,"body":"I'm curious when, when did you"},{"speaker":"Mike Peterson","startTime":189.42,"endTime":193.26,"body":"kind of start following El"},{"speaker":"Mike Peterson","startTime":193.26,"endTime":197.88,"body":"Salvador? And actually, why"},{"speaker":"Mike Peterson","startTime":193.26,"endTime":197.88,"body":"don't for people, I know you're"},{"speaker":"Mike Peterson","startTime":197.88,"endTime":200.6,"body":"an OG in the space, but there"},{"speaker":"Mike Peterson","startTime":197.88,"endTime":200.6,"body":"may be people that have entered"},{"speaker":"Mike Peterson","startTime":200.6,"endTime":203.42,"body":"in the last couple years that"},{"speaker":"Mike Peterson","startTime":200.6,"endTime":203.42,"body":"aren't that familiar with you."},{"speaker":"Mike Peterson","startTime":203.42,"endTime":206.0,"body":"So why don't you give a little"},{"speaker":"Mike Peterson","startTime":203.42,"endTime":206.0,"body":"bit about your background and"},{"speaker":"Mike Peterson","startTime":206.0,"endTime":207.98,"body":"your history in Bitcoin? Yeah,"},{"speaker":"Mike Peterson","startTime":206.0,"endTime":207.98,"body":"so"},{"speaker":"Trace Mayer","startTime":207.98,"endTime":211.76,"body":"I started a blog in"},{"speaker":"Trace Mayer","startTime":207.98,"endTime":211.76,"body":"January 2008 called Run to"},{"speaker":"Trace Mayer","startTime":211.76,"endTime":216.26,"body":"gold.com and that's where I"},{"speaker":"Trace Mayer","startTime":211.76,"endTime":216.26,"body":"talked about monetary"},{"speaker":"Trace Mayer","startTime":216.26,"endTime":221.08,"body":"sovereignty, the role of the"},{"speaker":"Trace Mayer","startTime":216.26,"endTime":221.08,"body":"monetary metals in terms of our"},{"speaker":"Trace Mayer","startTime":221.08,"endTime":225.28,"body":"political philosophy, how that"},{"speaker":"Trace Mayer","startTime":221.08,"endTime":225.28,"body":"forms essential checks and"},{"speaker":"Trace Mayer","startTime":225.28,"endTime":228.82,"body":"balances in the political"},{"speaker":"Trace Mayer","startTime":225.28,"endTime":228.82,"body":"machinery. And you know, really,"},{"speaker":"Trace Mayer","startTime":228.82,"endTime":231.88,"body":"when you look at Western"},{"speaker":"Trace Mayer","startTime":228.82,"endTime":231.88,"body":"political thought through John"},{"speaker":"Trace Mayer","startTime":231.88,"endTime":235.78,"body":"Locke and whatnot, University of"},{"speaker":"Trace Mayer","startTime":231.88,"endTime":235.78,"body":"Salman, aka, going up to"},{"speaker":"Trace Mayer","startTime":235.78,"endTime":240.12,"body":"England, over to the new world,"},{"speaker":"Trace Mayer","startTime":235.78,"endTime":240.12,"body":"the Constitution, the"},{"speaker":"Trace Mayer","startTime":240.12,"endTime":243.0,"body":"Declaration of Independence. All"},{"speaker":"Trace Mayer","startTime":240.12,"endTime":243.0,"body":"these things are, you know, the"},{"speaker":"Trace Mayer","startTime":243.0,"endTime":247.26,"body":"culmination of some of the best"},{"speaker":"Trace Mayer","startTime":243.0,"endTime":247.26,"body":"of our thinking as a species."},{"speaker":"Trace Mayer","startTime":247.5,"endTime":251.82,"body":"And so in chief among that, you"},{"speaker":"Trace Mayer","startTime":247.5,"endTime":251.82,"body":"know, when you look at the Civic"},{"speaker":"Trace Mayer","startTime":251.82,"endTime":257.34,"body":"realm, or the Civic plane of"},{"speaker":"Trace Mayer","startTime":251.82,"endTime":257.34,"body":"thought, what we use is money,"},{"speaker":"Trace Mayer","startTime":257.34,"endTime":260.6,"body":"or currency has to do with the"},{"speaker":"Trace Mayer","startTime":257.34,"endTime":260.6,"body":"very highest things with which"},{"speaker":"Trace Mayer","startTime":261.2,"endTime":263.96,"body":"the political elites are"},{"speaker":"Trace Mayer","startTime":261.2,"endTime":263.96,"body":"entrusted with for governing"},{"speaker":"Trace Mayer","startTime":263.96,"endTime":266.96,"body":"society, and so this monetary"},{"speaker":"Mike Peterson","startTime":267.44,"endTime":269.72,"body":"as far as the"},{"speaker":"Mike Peterson","startTime":267.44,"endTime":269.72,"body":"role that they play and the"},{"speaker":"Mike Peterson","startTime":269.72,"endTime":272.06,"body":"power that they wield, like"},{"speaker":"Mike Peterson","startTime":269.72,"endTime":272.06,"body":"that, is one of the"},{"speaker":"Trace Mayer","startTime":272.36,"endTime":275.24,"body":"Yeah, yeah. I mean,"},{"speaker":"Trace Mayer","startTime":272.36,"endTime":275.24,"body":"if you're whether you're a king"},{"speaker":"Trace Mayer","startTime":275.24,"endTime":277.94,"body":"or in a representative form of"},{"speaker":"Trace Mayer","startTime":275.24,"endTime":277.94,"body":"government, like on that civic"},{"speaker":"Trace Mayer","startTime":277.94,"endTime":281.62,"body":"plane, if it's representative"},{"speaker":"Trace Mayer","startTime":277.94,"endTime":281.62,"body":"form of government or democracy,"},{"speaker":"Trace Mayer","startTime":281.62,"endTime":286.48,"body":"we the people are wielding that,"},{"speaker":"Trace Mayer","startTime":281.62,"endTime":286.48,"body":"that power, it's, you know, the"},{"speaker":"Trace Mayer","startTime":286.48,"endTime":290.38,"body":"power over the purse. It's this"},{"speaker":"Trace Mayer","startTime":286.48,"endTime":290.38,"body":"power over, basically how we"},{"speaker":"Trace Mayer","startTime":290.38,"endTime":296.02,"body":"chose to exercise our freedom in"},{"speaker":"Trace Mayer","startTime":290.38,"endTime":296.02,"body":"the past becomes the fruits of"},{"speaker":"Trace Mayer","startTime":296.02,"endTime":300.24,"body":"our labor, and we're storing"},{"speaker":"Trace Mayer","startTime":296.02,"endTime":300.24,"body":"that in something and that. That"},{"speaker":"Trace Mayer","startTime":300.24,"endTime":305.28,"body":"we're storing it in as a"},{"speaker":"Trace Mayer","startTime":300.24,"endTime":305.28,"body":"society, usually coalesces onto"},{"speaker":"Trace Mayer","startTime":305.28,"endTime":308.88,"body":"a single asset of some kind, and"},{"speaker":"Trace Mayer","startTime":305.28,"endTime":308.88,"body":"then that asset acquires a"},{"speaker":"Trace Mayer","startTime":308.88,"endTime":316.14,"body":"monetary premium, which, in the"},{"speaker":"Trace Mayer","startTime":308.88,"endTime":316.14,"body":"case of silver or gold, you"},{"speaker":"Trace Mayer","startTime":316.14,"endTime":320.3,"body":"know, then becomes where we're"},{"speaker":"Trace Mayer","startTime":316.14,"endTime":320.3,"body":"storing our value. And you know."},{"speaker":"Trace Mayer","startTime":320.3,"endTime":323.06,"body":"And so we, you know, when we"},{"speaker":"Trace Mayer","startTime":320.3,"endTime":323.06,"body":"look at our agency, when we look"},{"speaker":"Trace Mayer","startTime":323.06,"endTime":326.54,"body":"at the philosophy of liberty or"},{"speaker":"Trace Mayer","startTime":323.06,"endTime":326.54,"body":"freedom, we have past, present"},{"speaker":"Trace Mayer","startTime":326.54,"endTime":329.48,"body":"and future. We have future"},{"speaker":"Trace Mayer","startTime":326.54,"endTime":329.48,"body":"represented by our life"},{"speaker":"Trace Mayer","startTime":329.48,"endTime":333.56,"body":"interests. We have the present"},{"speaker":"Trace Mayer","startTime":329.48,"endTime":333.56,"body":"represented by the great writ of"},{"speaker":"Trace Mayer","startTime":333.56,"endTime":336.92,"body":"habeas corpus, to present the"},{"speaker":"Trace Mayer","startTime":333.56,"endTime":336.92,"body":"body, to challenge your illegal"},{"speaker":"Trace Mayer","startTime":336.92,"endTime":340.34,"body":"detention. And then your past"},{"speaker":"Trace Mayer","startTime":336.92,"endTime":340.34,"body":"would be your property right."},{"speaker":"Trace Mayer","startTime":340.34,"endTime":342.68,"body":"And chief among those property"},{"speaker":"Trace Mayer","startTime":340.34,"endTime":342.68,"body":"rights is going to be your"},{"speaker":"Trace Mayer","startTime":342.68,"endTime":346.24,"body":"story. Be your store value gonna"},{"speaker":"Trace Mayer","startTime":342.68,"endTime":346.24,"body":"be your money, because that"},{"speaker":"Trace Mayer","startTime":346.24,"endTime":349.78,"body":"money, or that currency, is"},{"speaker":"Trace Mayer","startTime":346.24,"endTime":349.78,"body":"what's being used in half of all"},{"speaker":"Trace Mayer","startTime":349.78,"endTime":353.74,"body":"the transactions in the realm."},{"speaker":"Trace Mayer","startTime":349.78,"endTime":353.74,"body":"And so, you know, when we're"},{"speaker":"Trace Mayer","startTime":353.86,"endTime":356.44,"body":"interfering with that, we're"},{"speaker":"Trace Mayer","startTime":353.86,"endTime":356.44,"body":"interfering with economic"},{"speaker":"Trace Mayer","startTime":356.44,"endTime":360.78,"body":"calculation that the society is"},{"speaker":"Trace Mayer","startTime":356.44,"endTime":360.78,"body":"performing at the individual"},{"speaker":"Trace Mayer","startTime":360.78,"endTime":364.8,"body":"level across millions of people."},{"speaker":"Trace Mayer","startTime":360.78,"endTime":364.8,"body":"And even worse, when there's"},{"speaker":"Trace Mayer","startTime":364.8,"endTime":367.44,"body":"confiscation through inflation,"},{"speaker":"Trace Mayer","startTime":364.8,"endTime":367.44,"body":"which is a form of taxation"},{"speaker":"Trace Mayer","startTime":367.44,"endTime":370.62,"body":"without representation or due"},{"speaker":"Trace Mayer","startTime":367.44,"endTime":370.62,"body":"process of law, you're able to"},{"speaker":"Trace Mayer","startTime":370.62,"endTime":373.98,"body":"just swipe millions of lifetimes"},{"speaker":"Trace Mayer","startTime":370.62,"endTime":373.98,"body":"worth of earnings"},{"speaker":"Mike Peterson","startTime":374.58,"endTime":377.1,"body":"well, and it"},{"speaker":"Mike Peterson","startTime":374.58,"endTime":377.1,"body":"distorts everything too, because"},{"speaker":"Mike Peterson","startTime":377.1,"endTime":380.72,"body":"things that under sound money"},{"speaker":"Mike Peterson","startTime":377.1,"endTime":380.72,"body":"wouldn't be worth doing. All of"},{"speaker":"Mike Peterson","startTime":380.72,"endTime":383.18,"body":"a sudden, it's good to take on"},{"speaker":"Mike Peterson","startTime":380.72,"endTime":383.18,"body":"debt. It's good to leverage"},{"speaker":"Mike Peterson","startTime":383.18,"endTime":387.68,"body":"yourself. All these things that"},{"speaker":"Mike Peterson","startTime":383.18,"endTime":387.68,"body":"you know are are not good habits"},{"speaker":"Mike Peterson","startTime":387.74,"endTime":391.52,"body":"actually pay dividends under"},{"speaker":"Mike Peterson","startTime":387.74,"endTime":391.52,"body":"kind of a corruption, yeah."},{"speaker":"Mike Peterson","startTime":391.52,"endTime":391.94,"body":"Hence,"},{"speaker":"Trace Mayer","startTime":391.94,"endTime":394.34,"body":"fix the money, fix"},{"speaker":"Trace Mayer","startTime":391.94,"endTime":394.34,"body":"the world. We get all types of"},{"speaker":"Trace Mayer","startTime":394.34,"endTime":398.9,"body":"misallocations of capital"},{"speaker":"Trace Mayer","startTime":394.34,"endTime":398.9,"body":"because of this interference in"},{"speaker":"Trace Mayer","startTime":398.96,"endTime":403.66,"body":"the currency or the money and"},{"speaker":"Trace Mayer","startTime":398.96,"endTime":403.66,"body":"the diminution of it, or the the"},{"speaker":"Trace Mayer","startTime":403.72,"endTime":409.12,"body":"the inflation of it. You know,"},{"speaker":"Trace Mayer","startTime":403.72,"endTime":409.12,"body":"when Faust, in Faust Part Two by"},{"speaker":"Trace Mayer","startTime":409.12,"endTime":413.2,"body":"Guta, it talks about"},{"speaker":"Trace Mayer","startTime":409.12,"endTime":413.2,"body":"Mephistopheles is asked by the"},{"speaker":"Trace Mayer","startTime":413.2,"endTime":415.72,"body":"king, he's like, Well, bring me"},{"speaker":"Trace Mayer","startTime":413.2,"endTime":415.72,"body":"some gold. And Mephistopheles is"},{"speaker":"Trace Mayer","startTime":415.72,"endTime":418.36,"body":"like, I'll bring you some gold"},{"speaker":"Trace Mayer","startTime":415.72,"endTime":418.36,"body":"and some more. And then the"},{"speaker":"Trace Mayer","startTime":418.36,"endTime":421.5,"body":"chancellor responds, like, well,"},{"speaker":"Trace Mayer","startTime":418.36,"endTime":421.5,"body":"it's not quite right, but I'll"},{"speaker":"Trace Mayer","startTime":421.5,"endTime":424.44,"body":"make it right, you know. So the"},{"speaker":"Trace Mayer","startTime":421.5,"endTime":424.44,"body":"Supreme Court, that's what they"},{"speaker":"Trace Mayer","startTime":424.44,"endTime":427.92,"body":"did in city versus Dover. That's"},{"speaker":"Trace Mayer","startTime":424.44,"endTime":427.92,"body":"what Franklin Roosevelt did in"},{"speaker":"Trace Mayer","startTime":427.92,"endTime":432.0,"body":"1933 with executive order 61 02,"},{"speaker":"Trace Mayer","startTime":427.92,"endTime":432.0,"body":"that's what the legislative"},{"speaker":"Trace Mayer","startTime":432.0,"endTime":435.48,"body":"branch did, interfering with"},{"speaker":"Trace Mayer","startTime":432.0,"endTime":435.48,"body":"Americans ability to own gold"},{"speaker":"Trace Mayer","startTime":435.48,"endTime":439.14,"body":"for, you know, 40 years. You"},{"speaker":"Trace Mayer","startTime":435.48,"endTime":439.14,"body":"know, all of these things are"},{"speaker":"Trace Mayer","startTime":439.32,"endTime":444.62,"body":"attacks on our fundamental"},{"speaker":"Trace Mayer","startTime":439.32,"endTime":444.62,"body":"freedom as individuals. And"},{"speaker":"Trace Mayer","startTime":444.62,"endTime":446.96,"body":"then, of course, we have to"},{"speaker":"Trace Mayer","startTime":444.62,"endTime":446.96,"body":"figure out, do we believe that"},{"speaker":"Trace Mayer","startTime":446.96,"endTime":451.34,"body":"those are God given rights, or"},{"speaker":"Trace Mayer","startTime":446.96,"endTime":451.34,"body":"innumerable rights, inalienable"},{"speaker":"Trace Mayer","startTime":451.34,"endTime":454.76,"body":"rights, or are they granted as"},{"speaker":"Trace Mayer","startTime":451.34,"endTime":454.76,"body":"part of the political process?"},{"speaker":"Trace Mayer","startTime":454.76,"endTime":457.1,"body":"Do they come out of the barrel"},{"speaker":"Trace Mayer","startTime":454.76,"endTime":457.1,"body":"of a gun, like Mao says? And"},{"speaker":"Trace Mayer","startTime":457.28,"endTime":460.48,"body":"that's really the dichotomy that"},{"speaker":"Trace Mayer","startTime":457.28,"endTime":460.48,"body":"we're dealing with. And and so"},{"speaker":"Trace Mayer","startTime":460.48,"endTime":463.24,"body":"the money, and this, this"},{"speaker":"Trace Mayer","startTime":460.48,"endTime":463.24,"body":"principle of monetary"},{"speaker":"Trace Mayer","startTime":463.24,"endTime":466.06,"body":"sovereignty, that's why it's so"},{"speaker":"Trace Mayer","startTime":463.24,"endTime":466.06,"body":"important, is because it's"},{"speaker":"Trace Mayer","startTime":466.06,"endTime":471.82,"body":"operating on millions of"},{"speaker":"Trace Mayer","startTime":466.06,"endTime":471.82,"body":"decisions, all with the same"},{"speaker":"Trace Mayer","startTime":472.06,"endTime":473.86,"body":"instrument or unit of account."},{"speaker":"Mike Peterson","startTime":474.94,"endTime":477.34,"body":"Yeah. So if you,"},{"speaker":"Mike Peterson","startTime":474.94,"endTime":477.34,"body":"if you get the money right, and"},{"speaker":"Mike Peterson","startTime":477.34,"endTime":480.04,"body":"you don't get everything else"},{"speaker":"Mike Peterson","startTime":477.34,"endTime":480.04,"body":"right, it's still going to go"},{"speaker":"Mike Peterson","startTime":480.04,"endTime":482.34,"body":"well. But if you can't get the"},{"speaker":"Mike Peterson","startTime":480.04,"endTime":482.34,"body":"money right, if you get"},{"speaker":"Mike Peterson","startTime":482.34,"endTime":484.98,"body":"everything else right, it's it's"},{"speaker":"Mike Peterson","startTime":482.34,"endTime":484.98,"body":"still going to be a failure,"},{"speaker":"Mike Peterson","startTime":485.4,"endTime":485.76,"body":"yeah,"},{"speaker":"Trace Mayer","startTime":485.76,"endTime":487.98,"body":"and that's because"},{"speaker":"Trace Mayer","startTime":485.76,"endTime":487.98,"body":"of your ability to perform"},{"speaker":"Trace Mayer","startTime":487.98,"endTime":491.04,"body":"economic calculation. This gets"},{"speaker":"Trace Mayer","startTime":487.98,"endTime":491.04,"body":"back into Mises and like, human"},{"speaker":"Trace Mayer","startTime":491.04,"endTime":494.34,"body":"action and Rothbard, like, you"},{"speaker":"Trace Mayer","startTime":491.04,"endTime":494.34,"body":"know, if we're not allocating"},{"speaker":"Trace Mayer","startTime":494.34,"endTime":497.1,"body":"our resources based on profit"},{"speaker":"Trace Mayer","startTime":494.34,"endTime":497.1,"body":"and loss, and how are we"},{"speaker":"Trace Mayer","startTime":497.1,"endTime":499.92,"body":"allocating them, and when we're"},{"speaker":"Trace Mayer","startTime":497.1,"endTime":499.92,"body":"allocating based on profit and"},{"speaker":"Trace Mayer","startTime":499.92,"endTime":503.6,"body":"loss, well, what's our unit of"},{"speaker":"Trace Mayer","startTime":499.92,"endTime":503.6,"body":"account to figure that out, like"},{"speaker":"Trace Mayer","startTime":503.96,"endTime":506.0,"body":"you look at International"},{"speaker":"Trace Mayer","startTime":503.96,"endTime":506.0,"body":"Accounting Standards. Like,"},{"speaker":"Trace Mayer","startTime":506.0,"endTime":508.22,"body":"international accounting"},{"speaker":"Trace Mayer","startTime":506.0,"endTime":508.22,"body":"standard number one is your"},{"speaker":"Trace Mayer","startTime":508.28,"endTime":512.24,"body":"presentation currency. Like, are"},{"speaker":"Trace Mayer","startTime":508.28,"endTime":512.24,"body":"you using as your numeraire? Are"},{"speaker":"Trace Mayer","startTime":512.24,"endTime":516.38,"body":"you using dollars, euros, yen,"},{"speaker":"Trace Mayer","startTime":512.24,"endTime":516.38,"body":"or gold ounces? And when you're"},{"speaker":"Trace Mayer","startTime":516.38,"endTime":521.26,"body":"using gold, for example, like,"},{"speaker":"Trace Mayer","startTime":516.38,"endTime":521.26,"body":"why do humans produce gold, and"},{"speaker":"Trace Mayer","startTime":521.26,"endTime":524.32,"body":"it's because we use it to"},{"speaker":"Trace Mayer","startTime":521.26,"endTime":524.32,"body":"perform economic calculation,"},{"speaker":"Trace Mayer","startTime":524.32,"endTime":527.86,"body":"sort of like we use steel to"},{"speaker":"Trace Mayer","startTime":524.32,"endTime":527.86,"body":"build things. We use we produce"},{"speaker":"Trace Mayer","startTime":527.86,"endTime":532.24,"body":"oil to like, power things. We"},{"speaker":"Trace Mayer","startTime":527.86,"endTime":532.24,"body":"produce gold to be the measuring"},{"speaker":"Trace Mayer","startTime":532.24,"endTime":535.42,"body":"stick to perform the economic"},{"speaker":"Trace Mayer","startTime":532.24,"endTime":535.42,"body":"calculation. And when we do that"},{"speaker":"Trace Mayer","startTime":535.42,"endTime":538.78,"body":"economic calculation in a"},{"speaker":"Trace Mayer","startTime":535.42,"endTime":538.78,"body":"voluntary way, in a peaceful"},{"speaker":"Trace Mayer","startTime":538.78,"endTime":543.3,"body":"way, then both sides feel that"},{"speaker":"Trace Mayer","startTime":538.78,"endTime":543.3,"body":"they're better off as having"},{"speaker":"Trace Mayer","startTime":543.3,"endTime":547.68,"body":"engaged in the transaction. Now"},{"speaker":"Trace Mayer","startTime":543.3,"endTime":547.68,"body":"we looked at El Salvador. How"},{"speaker":"Trace Mayer","startTime":547.68,"endTime":550.98,"body":"many transactions were going on"},{"speaker":"Trace Mayer","startTime":547.68,"endTime":550.98,"body":"in El Salvador where these gangs"},{"speaker":"Trace Mayer","startTime":550.98,"endTime":553.92,"body":"were pointing the gun or the"},{"speaker":"Trace Mayer","startTime":550.98,"endTime":553.92,"body":"knife at somebody, and the other"},{"speaker":"Trace Mayer","startTime":553.92,"endTime":557.28,"body":"side didn't feel better off as a"},{"speaker":"Trace Mayer","startTime":553.92,"endTime":557.28,"body":"result of that, and whether it's"},{"speaker":"Trace Mayer","startTime":557.28,"endTime":561.74,"body":"happening in that gang type"},{"speaker":"Trace Mayer","startTime":557.28,"endTime":561.74,"body":"context, or whether it's"},{"speaker":"Trace Mayer","startTime":561.74,"endTime":564.56,"body":"happening because you got some"},{"speaker":"Trace Mayer","startTime":561.74,"endTime":564.56,"body":"people behind closed doors just"},{"speaker":"Trace Mayer","startTime":564.56,"endTime":568.1,"body":"pressing Control P to print more"},{"speaker":"Trace Mayer","startTime":564.56,"endTime":568.1,"body":"money and confiscate a little"},{"speaker":"Trace Mayer","startTime":568.1,"endTime":571.22,"body":"bit from everybody else in a"},{"speaker":"Trace Mayer","startTime":568.1,"endTime":571.22,"body":"surreptitious way, which might"},{"speaker":"Trace Mayer","startTime":571.22,"endTime":576.14,"body":"even be even more deleterious on"},{"speaker":"Trace Mayer","startTime":571.22,"endTime":576.14,"body":"your ability to perform Economic"},{"speaker":"Trace Mayer","startTime":576.2,"endTime":578.72,"body":"Calculation than the gang"},{"speaker":"Trace Mayer","startTime":576.2,"endTime":578.72,"body":"example is because you don't"},{"speaker":"Trace Mayer","startTime":578.72,"endTime":581.68,"body":"even necessarily know it's"},{"speaker":"Trace Mayer","startTime":578.72,"endTime":581.68,"body":"happening To you, and so that"},{"speaker":"Trace Mayer","startTime":581.74,"endTime":584.8,"body":"that measuring stick is doing"},{"speaker":"Trace Mayer","startTime":581.74,"endTime":584.8,"body":"this, but you have no idea that"},{"speaker":"Trace Mayer","startTime":584.8,"endTime":585.76,"body":"it's doing that. At least"},{"speaker":"Mike Peterson","startTime":585.76,"endTime":587.2,"body":"with the gangs,"},{"speaker":"Mike Peterson","startTime":585.76,"endTime":587.2,"body":"you knew how much they were"},{"speaker":"Mike Peterson","startTime":587.2,"endTime":589.78,"body":"going to require every month."},{"speaker":"Mike Peterson","startTime":587.2,"endTime":589.78,"body":"You had a pretty good idea, if"},{"speaker":"Trace Mayer","startTime":589.78,"endTime":591.46,"body":"you're if you're"},{"speaker":"Trace Mayer","startTime":589.78,"endTime":591.46,"body":"cooking pupusas. You had a"},{"speaker":"Trace Mayer","startTime":591.46,"endTime":593.74,"body":"pretty good idea how much you"},{"speaker":"Trace Mayer","startTime":591.46,"endTime":593.74,"body":"had to pay these guys to, like,"},{"speaker":"Trace Mayer","startTime":593.74,"endTime":596.38,"body":"keep them off your back. But,"},{"speaker":"Trace Mayer","startTime":593.74,"endTime":596.38,"body":"like, you know, you have no idea"},{"speaker":"Trace Mayer","startTime":596.38,"endTime":598.72,"body":"how much you got to pay the"},{"speaker":"Trace Mayer","startTime":596.38,"endTime":598.72,"body":"Federal Reserve people, yeah,"},{"speaker":"Trace Mayer","startTime":598.72,"endTime":600.84,"body":"and they're just doing the"},{"speaker":"Trace Mayer","startTime":598.72,"endTime":600.84,"body":"thing. Thing behind. And now"},{"speaker":"Trace Mayer","startTime":600.84,"endTime":603.3,"body":"we're learning from doja, there"},{"speaker":"Trace Mayer","startTime":600.84,"endTime":603.3,"body":"were like 14 of these magic"},{"speaker":"Trace Mayer","startTime":603.3,"endTime":605.64,"body":"money printing machines in"},{"speaker":"Trace Mayer","startTime":603.3,"endTime":605.64,"body":"different agencies. So now"},{"speaker":"Trace Mayer","startTime":605.7,"endTime":607.98,"body":"everybody had, like, their own"},{"speaker":"Trace Mayer","startTime":605.7,"endTime":607.98,"body":"little franchise, or just"},{"speaker":"Trace Mayer","startTime":607.98,"endTime":610.98,"body":"printed as much of this stuff as"},{"speaker":"Trace Mayer","startTime":607.98,"endTime":610.98,"body":"they wanted, and, and, but"},{"speaker":"Trace Mayer","startTime":610.98,"endTime":613.86,"body":"where's all that purchasing"},{"speaker":"Trace Mayer","startTime":610.98,"endTime":613.86,"body":"power coming from? And it's so"},{"speaker":"Trace Mayer","startTime":613.86,"endTime":616.44,"body":"it's a surreptitious form of"},{"speaker":"Trace Mayer","startTime":613.86,"endTime":616.44,"body":"theft that's coming from"},{"speaker":"Trace Mayer","startTime":616.44,"endTime":619.5,"body":"everybody who's using that"},{"speaker":"Trace Mayer","startTime":616.44,"endTime":619.5,"body":"instrument as a store of value."},{"speaker":"Mike Peterson","startTime":620.16,"endTime":623.12,"body":"Yeah, everybody"},{"speaker":"Mike Peterson","startTime":620.16,"endTime":623.12,"body":"who doesn't have access to the"},{"speaker":"Mike Peterson","startTime":623.12,"endTime":625.82,"body":"printer is basically paying for"},{"speaker":"Mike Peterson","startTime":623.12,"endTime":625.82,"body":"right? And"},{"speaker":"Trace Mayer","startTime":625.82,"endTime":628.76,"body":"that's where we get"},{"speaker":"Trace Mayer","startTime":625.82,"endTime":628.76,"body":"to, you know, monetary"},{"speaker":"Trace Mayer","startTime":628.76,"endTime":631.22,"body":"sovereignty, and the first"},{"speaker":"Trace Mayer","startTime":628.76,"endTime":631.22,"body":"principle of that is scarcity."},{"speaker":"Trace Mayer","startTime":631.76,"endTime":635.24,"body":"And gold, it's scarce because of"},{"speaker":"Trace Mayer","startTime":631.76,"endTime":635.24,"body":"special atoms, you know,"},{"speaker":"Trace Mayer","startTime":635.24,"endTime":639.26,"body":"periodic table with Bitcoin,"},{"speaker":"Trace Mayer","startTime":635.24,"endTime":639.26,"body":"it's special numbers, private"},{"speaker":"Trace Mayer","startTime":639.26,"endTime":642.46,"body":"keys. And so we've been able to"},{"speaker":"Trace Mayer","startTime":639.26,"endTime":642.46,"body":"create that digital scarcity"},{"speaker":"Trace Mayer","startTime":642.94,"endTime":646.66,"body":"like purely with an Internet"},{"speaker":"Trace Mayer","startTime":642.94,"endTime":646.66,"body":"Protocol with rules that"},{"speaker":"Trace Mayer","startTime":646.66,"endTime":650.98,"body":"everybody's agreeing to, and"},{"speaker":"Trace Mayer","startTime":646.66,"endTime":650.98,"body":"then it's used voluntarily, so"},{"speaker":"Trace Mayer","startTime":651.16,"endTime":653.92,"body":"nobody's been forced to buy any"},{"speaker":"Trace Mayer","startTime":651.16,"endTime":653.92,"body":"bitcoin. And there are a lot of"},{"speaker":"Trace Mayer","startTime":653.92,"endTime":656.32,"body":"people who wish they'd bought"},{"speaker":"Trace Mayer","startTime":653.92,"endTime":656.32,"body":"something, right,"},{"speaker":"Mike Peterson","startTime":658.24,"endTime":661.08,"body":"or wish they'd"},{"speaker":"Mike Peterson","startTime":658.24,"endTime":661.08,"body":"learn how to handle it better."},{"speaker":"Trace Mayer","startTime":661.2,"endTime":663.24,"body":"Yeah. These are all"},{"speaker":"Trace Mayer","startTime":661.2,"endTime":663.24,"body":"forms of human capital, you"},{"speaker":"Trace Mayer","startTime":663.24,"endTime":665.64,"body":"know, figuring out how to use a"},{"speaker":"Trace Mayer","startTime":663.24,"endTime":665.64,"body":"checkbook, figuring out how to"},{"speaker":"Trace Mayer","startTime":665.64,"endTime":669.06,"body":"make change, like, figuring out"},{"speaker":"Trace Mayer","startTime":665.64,"endTime":669.06,"body":"how to, like, do all the things"},{"speaker":"Trace Mayer","startTime":669.06,"endTime":672.0,"body":"like balance a balance your"},{"speaker":"Trace Mayer","startTime":669.06,"endTime":672.0,"body":"checkbook, pay, pay your credit"},{"speaker":"Trace Mayer","startTime":672.0,"endTime":674.58,"body":"card statement. These are all"},{"speaker":"Trace Mayer","startTime":672.0,"endTime":674.58,"body":"forms of human capital, all"},{"speaker":"Trace Mayer","startTime":674.58,"endTime":678.0,"body":"types of education that we have"},{"speaker":"Trace Mayer","startTime":674.58,"endTime":678.0,"body":"to develop and use. And it's the"},{"speaker":"Trace Mayer","startTime":678.0,"endTime":680.66,"body":"same thing with figuring out how"},{"speaker":"Trace Mayer","startTime":678.0,"endTime":680.66,"body":"to manage your private keys."},{"speaker":"Trace Mayer","startTime":680.66,"endTime":684.08,"body":"And, you know, proof of keys"},{"speaker":"Trace Mayer","startTime":680.66,"endTime":684.08,"body":"day, like withdrawing all your"},{"speaker":"Trace Mayer","startTime":684.08,"endTime":687.14,"body":"Bitcoin from a third party into"},{"speaker":"Trace Mayer","startTime":684.08,"endTime":687.14,"body":"your own possession, you know,"},{"speaker":"Trace Mayer","startTime":687.32,"endTime":691.16,"body":"and it's in that, it's in that"},{"speaker":"Trace Mayer","startTime":687.32,"endTime":691.16,"body":"act of holding those private"},{"speaker":"Trace Mayer","startTime":691.16,"endTime":696.32,"body":"keys to the money, holding the"},{"speaker":"Trace Mayer","startTime":691.16,"endTime":696.32,"body":"utxos yourself in a sovereign"},{"speaker":"Trace Mayer","startTime":696.32,"endTime":700.06,"body":"way, whether those utxos take"},{"speaker":"Trace Mayer","startTime":696.32,"endTime":700.06,"body":"the form of a gold coin, or"},{"speaker":"Trace Mayer","startTime":700.06,"endTime":703.24,"body":"whether those take the form of,"},{"speaker":"Trace Mayer","startTime":700.06,"endTime":703.24,"body":"like, you know, Bitcoin, utxos,"},{"speaker":"Trace Mayer","startTime":703.48,"endTime":707.38,"body":"like that. That's, you know,"},{"speaker":"Trace Mayer","startTime":703.48,"endTime":707.38,"body":"where you get to flex your your"},{"speaker":"Trace Mayer","startTime":707.38,"endTime":710.5,"body":"muscles of monetary sovereignty"},{"speaker":"Trace Mayer","startTime":707.38,"endTime":710.5,"body":"is like actually taking"},{"speaker":"Trace Mayer","startTime":710.5,"endTime":711.88,"body":"possession of those utxos."},{"speaker":"Mike Peterson","startTime":712.42,"endTime":714.88,"body":"So going back to"},{"speaker":"Mike Peterson","startTime":712.42,"endTime":714.88,"body":"one thing you mentioned, the"},{"speaker":"Mike Peterson","startTime":714.88,"endTime":719.8,"body":"proof of keys days. How do you"},{"speaker":"Mike Peterson","startTime":714.88,"endTime":719.8,"body":"think that kind of concept has"},{"speaker":"Mike Peterson","startTime":719.8,"endTime":725.34,"body":"been impacted by now the ETFs,"},{"speaker":"Mike Peterson","startTime":719.8,"endTime":725.34,"body":"by the government entities that"},{"speaker":"Mike Peterson","startTime":725.34,"endTime":729.12,"body":"are supposedly stockpiling"},{"speaker":"Mike Peterson","startTime":725.34,"endTime":729.12,"body":"Bitcoin. How do you see that, as"},{"speaker":"Mike Peterson","startTime":729.12,"endTime":733.74,"body":"far as kind of keeping to"},{"speaker":"Mike Peterson","startTime":729.12,"endTime":733.74,"body":"bitcoins ethos that we actually"},{"speaker":"Mike Peterson","startTime":733.74,"endTime":736.68,"body":"know who actually has real"},{"speaker":"Mike Peterson","startTime":733.74,"endTime":736.68,"body":"Bitcoin, that they're not"},{"speaker":"Mike Peterson","startTime":736.68,"endTime":738.06,"body":"creating paper Bitcoin?"},{"speaker":"Trace Mayer","startTime":739.08,"endTime":740.9,"body":"Yeah, I mean, that"},{"speaker":"Trace Mayer","startTime":739.08,"endTime":740.9,"body":"was part of the reasons I"},{"speaker":"Trace Mayer","startTime":740.9,"endTime":745.34,"body":"created it like was, hey, let's"},{"speaker":"Trace Mayer","startTime":740.9,"endTime":745.34,"body":"as individuals like flex our"},{"speaker":"Trace Mayer","startTime":745.34,"endTime":751.16,"body":"monetary sovereignty rights when"},{"speaker":"Trace Mayer","startTime":745.34,"endTime":751.16,"body":"we can. And it was modeled after"},{"speaker":"Trace Mayer","startTime":751.16,"endTime":754.34,"body":"Murray Rothbard anti banking"},{"speaker":"Trace Mayer","startTime":751.16,"endTime":754.34,"body":"League. He was basically, we"},{"speaker":"Trace Mayer","startTime":754.34,"endTime":756.98,"body":"need to withdraw our money from"},{"speaker":"Trace Mayer","startTime":754.34,"endTime":756.98,"body":"the fractional reserve banks on"},{"speaker":"Trace Mayer","startTime":756.98,"endTime":760.54,"body":"the same day, and maybe we can"},{"speaker":"Trace Mayer","startTime":756.98,"endTime":760.54,"body":"crash some of them because"},{"speaker":"Trace Mayer","startTime":760.54,"endTime":762.64,"body":"they're just engaged in fraud,"},{"speaker":"Trace Mayer","startTime":760.54,"endTime":762.64,"body":"right? Because they have a"},{"speaker":"Trace Mayer","startTime":762.64,"endTime":767.32,"body":"mismatch in demand deposits and"},{"speaker":"Trace Mayer","startTime":762.64,"endTime":767.32,"body":"and everything. So, you know,"},{"speaker":"Trace Mayer","startTime":767.32,"endTime":769.9,"body":"this is a, this is an excellent"},{"speaker":"Trace Mayer","startTime":767.32,"endTime":769.9,"body":"question. I"},{"speaker":"Mike Peterson","startTime":769.9,"endTime":771.82,"body":"mean, the"},{"speaker":"Mike Peterson","startTime":769.9,"endTime":771.82,"body":"original idea was that you had"},{"speaker":"Mike Peterson","startTime":771.82,"endTime":774.28,"body":"all these exchanges where people"},{"speaker":"Mike Peterson","startTime":771.82,"endTime":774.28,"body":"were holding their Bitcoin on"},{"speaker":"Mike Peterson","startTime":774.28,"endTime":776.86,"body":"the exchanges. You didn't know"},{"speaker":"Mike Peterson","startTime":774.28,"endTime":776.86,"body":"what kind of games they were"},{"speaker":"Mike Peterson","startTime":776.86,"endTime":777.16,"body":"playing."},{"speaker":"Trace Mayer","startTime":777.16,"endTime":779.5,"body":"Pretty much every"},{"speaker":"Trace Mayer","startTime":777.16,"endTime":779.5,"body":"year we've had some type of"},{"speaker":"Trace Mayer","startTime":779.5,"endTime":784.44,"body":"exchange get decapitated during"},{"speaker":"Trace Mayer","startTime":779.5,"endTime":784.44,"body":"proof of keys yet quadriga CX,"},{"speaker":"Trace Mayer","startTime":784.44,"endTime":788.82,"body":"like, you know, other ones, so,"},{"speaker":"Trace Mayer","startTime":784.44,"endTime":788.82,"body":"so the genesis for this actually"},{"speaker":"Trace Mayer","startTime":788.82,"endTime":794.7,"body":"came back, came to me like this"},{"speaker":"Trace Mayer","startTime":788.82,"endTime":794.7,"body":"was sparked by earlier activity"},{"speaker":"Trace Mayer","startTime":794.7,"endTime":799.02,"body":"in 2008 gather the gold"},{"speaker":"Trace Mayer","startTime":794.7,"endTime":799.02,"body":"antitrust Action Committee. They"},{"speaker":"Trace Mayer","startTime":799.02,"endTime":802.58,"body":"had republished one of my"},{"speaker":"Trace Mayer","startTime":799.02,"endTime":802.58,"body":"articles on the gold ETF, and"},{"speaker":"Trace Mayer","startTime":802.58,"endTime":805.34,"body":"that particular article, I'd"},{"speaker":"Trace Mayer","startTime":802.58,"endTime":805.34,"body":"gone through basically, like,"},{"speaker":"Trace Mayer","startTime":805.34,"endTime":808.46,"body":"line by line at the prospectus,"},{"speaker":"Trace Mayer","startTime":805.34,"endTime":808.46,"body":"and then, like, they don't have"},{"speaker":"Trace Mayer","startTime":808.46,"endTime":814.7,"body":"to have any of the physical"},{"speaker":"Trace Mayer","startTime":808.46,"endTime":814.7,"body":"gold, like, just grab up and and"},{"speaker":"Trace Mayer","startTime":814.7,"endTime":815.18,"body":"so"},{"speaker":"Mike Peterson","startTime":815.24,"endTime":817.52,"body":"they didn't have,"},{"speaker":"Mike Peterson","startTime":815.24,"endTime":817.52,"body":"they don't have to have gold"},{"speaker":"Mike Peterson","startTime":817.52,"endTime":819.02,"body":"backing the shares that they"},{"speaker":"Mike Peterson","startTime":817.52,"endTime":819.02,"body":"issue. Yeah,"},{"speaker":"Trace Mayer","startTime":819.02,"endTime":820.96,"body":"it's crazy. I mean,"},{"speaker":"Trace Mayer","startTime":819.02,"endTime":820.96,"body":"you should go read the"},{"speaker":"Trace Mayer","startTime":820.96,"endTime":825.52,"body":"prospectus, like on GLD and the"},{"speaker":"Trace Mayer","startTime":820.96,"endTime":825.52,"body":"spider gold, ETF, really? Oh, I"},{"speaker":"Trace Mayer","startTime":825.52,"endTime":829.42,"body":"mean, it's like, and then then"},{"speaker":"Trace Mayer","startTime":825.52,"endTime":829.42,"body":"they, like, found bars with the"},{"speaker":"Trace Mayer","startTime":829.42,"endTime":833.98,"body":"same serial numbers listed on"},{"speaker":"Trace Mayer","startTime":829.42,"endTime":833.98,"body":"different like, Vault receipts,"},{"speaker":"Trace Mayer","startTime":833.98,"endTime":837.1,"body":"like out of the Bank of England."},{"speaker":"Trace Mayer","startTime":833.98,"endTime":837.1,"body":"And, I mean, there, there been a"},{"speaker":"Trace Mayer","startTime":837.1,"endTime":840.6,"body":"lot of shenanigans here and, and"},{"speaker":"Trace Mayer","startTime":837.1,"endTime":840.6,"body":"so what, what did we see out of"},{"speaker":"Trace Mayer","startTime":840.6,"endTime":843.36,"body":"this activity. Well, you know,"},{"speaker":"Trace Mayer","startTime":840.6,"endTime":843.36,"body":"the Chinese and the Russians,"},{"speaker":"Trace Mayer","startTime":843.36,"endTime":845.52,"body":"they're buying all this physical"},{"speaker":"Trace Mayer","startTime":843.36,"endTime":845.52,"body":"gold out of London and"},{"speaker":"Trace Mayer","startTime":845.52,"endTime":848.64,"body":"Switzerland, and then they're"},{"speaker":"Trace Mayer","startTime":845.52,"endTime":848.64,"body":"melting it down and recasting it"},{"speaker":"Trace Mayer","startTime":849.54,"endTime":852.42,"body":"with new bars, with new serial"},{"speaker":"Trace Mayer","startTime":849.54,"endTime":852.42,"body":"numbers. Why? Because they want"},{"speaker":"Trace Mayer","startTime":852.42,"endTime":856.38,"body":"to sever the those serial"},{"speaker":"Trace Mayer","startTime":852.42,"endTime":856.38,"body":"numbers that might be getting"},{"speaker":"Trace Mayer","startTime":856.38,"endTime":859.68,"body":"placed on, like, three or four"},{"speaker":"Trace Mayer","startTime":856.38,"endTime":859.68,"body":"different like, Vault. Vault"},{"speaker":"Trace Mayer","startTime":859.68,"endTime":863.6,"body":"receives. They were like, Yeah,"},{"speaker":"Trace Mayer","startTime":859.68,"endTime":863.6,"body":"we just like, give us the bar we"},{"speaker":"Trace Mayer","startTime":863.6,"endTime":865.82,"body":"paid for it. We're gonna melt it"},{"speaker":"Trace Mayer","startTime":863.6,"endTime":865.82,"body":"down, recast it, put a new"},{"speaker":"Trace Mayer","startTime":865.82,"endTime":868.28,"body":"series. Probably want to also"},{"speaker":"Trace Mayer","startTime":865.82,"endTime":868.28,"body":"make sure it's actually gold,"},{"speaker":"Trace Mayer","startTime":868.28,"endTime":870.32,"body":"yeah, yeah. And make sure it's"},{"speaker":"Trace Mayer","startTime":868.28,"endTime":870.32,"body":"actually gold, because there's"},{"speaker":"Trace Mayer","startTime":870.32,"endTime":873.38,"body":"the tungsten scare, because it"},{"speaker":"Trace Mayer","startTime":870.32,"endTime":873.38,"body":"has a similar specific gravity,"},{"speaker":"Trace Mayer","startTime":873.38,"endTime":879.32,"body":"specific weight as gold. And so,"},{"speaker":"Trace Mayer","startTime":873.38,"endTime":879.32,"body":"you know, this was the so when"},{"speaker":"Trace Mayer","startTime":879.32,"endTime":882.16,"body":"we're when we're looking at"},{"speaker":"Trace Mayer","startTime":879.32,"endTime":882.16,"body":"gatta's work. You know, over the"},{"speaker":"Trace Mayer","startTime":882.16,"endTime":886.18,"body":"last, oh, it's almost 30 years"},{"speaker":"Trace Mayer","startTime":882.16,"endTime":886.18,"body":"now, 1997 they get started, and"},{"speaker":"Trace Mayer","startTime":886.72,"endTime":889.78,"body":"you're looking at the central"},{"speaker":"Trace Mayer","startTime":886.72,"endTime":889.78,"body":"banks gold price suppression"},{"speaker":"Trace Mayer","startTime":889.78,"endTime":893.68,"body":"scheme where and Alan Greenspan"},{"speaker":"Trace Mayer","startTime":889.78,"endTime":893.68,"body":"testified twice before Congress"},{"speaker":"Trace Mayer","startTime":893.68,"endTime":897.58,"body":"that central banks plural, and"},{"speaker":"Trace Mayer","startTime":893.68,"endTime":897.58,"body":"these were Western central banks"},{"speaker":"Trace Mayer","startTime":897.64,"endTime":900.42,"body":"stand ready to lease gold in"},{"speaker":"Trace Mayer","startTime":897.64,"endTime":900.42,"body":"increasing quantity. Should the"},{"speaker":"Trace Mayer","startTime":900.42,"endTime":904.8,"body":"price rise? I mean, yeah, it's"},{"speaker":"Trace Mayer","startTime":900.42,"endTime":904.8,"body":"wild. If you own a lot of"},{"speaker":"Trace Mayer","startTime":904.8,"endTime":907.38,"body":"something, why run a cartel to"},{"speaker":"Trace Mayer","startTime":904.8,"endTime":907.38,"body":"keep the price suppressed? And"},{"speaker":"Trace Mayer","startTime":907.38,"endTime":910.02,"body":"it's because their ability to"},{"speaker":"Trace Mayer","startTime":907.38,"endTime":910.02,"body":"print what we use as currency is"},{"speaker":"Trace Mayer","startTime":910.02,"endTime":912.84,"body":"infinitely more valuable than"},{"speaker":"Trace Mayer","startTime":910.02,"endTime":912.84,"body":"the price of that portfolio"},{"speaker":"Trace Mayer","startTime":912.84,"endTime":916.26,"body":"asset that they're suppressing"},{"speaker":"Trace Mayer","startTime":912.84,"endTime":916.26,"body":"the price on. And so okay,"},{"speaker":"Trace Mayer","startTime":916.32,"endTime":919.14,"body":"they're suppressing the price,"},{"speaker":"Trace Mayer","startTime":916.32,"endTime":919.14,"body":"but how are they doing it?"},{"speaker":"Trace Mayer","startTime":919.14,"endTime":923.18,"body":"They're doing it by taking the"},{"speaker":"Trace Mayer","startTime":919.14,"endTime":923.18,"body":"physical gold that they have and"},{"speaker":"Trace Mayer","startTime":923.18,"endTime":926.18,"body":"leasing it into the market,"},{"speaker":"Trace Mayer","startTime":923.18,"endTime":926.18,"body":"primarily through the bullion"},{"speaker":"Trace Mayer","startTime":926.18,"endTime":929.42,"body":"banks, who then sell it into the"},{"speaker":"Trace Mayer","startTime":926.18,"endTime":929.42,"body":"market. So the the lady in"},{"speaker":"Trace Mayer","startTime":929.42,"endTime":933.62,"body":"India, like mounts it into a"},{"speaker":"Trace Mayer","startTime":929.42,"endTime":933.62,"body":"bangle and takes possession of"},{"speaker":"Trace Mayer","startTime":933.62,"endTime":936.86,"body":"it, and so they can't get that"},{"speaker":"Trace Mayer","startTime":933.62,"endTime":936.86,"body":"physical gold back at at"},{"speaker":"Trace Mayer","startTime":936.86,"endTime":940.78,"body":"anywhere close to those prices"},{"speaker":"Trace Mayer","startTime":936.86,"endTime":940.78,"body":"that they leased it at. And so,"},{"speaker":"Trace Mayer","startTime":940.84,"endTime":944.08,"body":"you know, that's, that's what we"},{"speaker":"Trace Mayer","startTime":940.84,"endTime":944.08,"body":"found with with gatta, is that"},{"speaker":"Trace Mayer","startTime":944.08,"endTime":946.96,"body":"these central banks have a half"},{"speaker":"Trace Mayer","startTime":944.08,"endTime":946.96,"body":"to a third of the physical gold"},{"speaker":"Trace Mayer","startTime":946.96,"endTime":950.56,"body":"they claim to have. And this was"},{"speaker":"Trace Mayer","startTime":946.96,"endTime":950.56,"body":"as of, like, the mid 2000s you"},{"speaker":"Trace Mayer","startTime":950.56,"endTime":954.34,"body":"know, 15 years ago. And the"},{"speaker":"Trace Mayer","startTime":950.56,"endTime":954.34,"body":"situation, who knows what it's"},{"speaker":"Trace Mayer","startTime":954.34,"endTime":957.16,"body":"like now, and it, and it does"},{"speaker":"Trace Mayer","startTime":954.34,"endTime":957.16,"body":"look like the Trump"},{"speaker":"Trace Mayer","startTime":957.16,"endTime":960.78,"body":"administration's like, Hey guys,"},{"speaker":"Trace Mayer","startTime":957.16,"endTime":960.78,"body":"like in Europe, we want the"},{"speaker":"Trace Mayer","startTime":960.78,"endTime":964.44,"body":"physical gold. So start flying"},{"speaker":"Trace Mayer","startTime":960.78,"endTime":964.44,"body":"it all back here. And isn't"},{"speaker":"Trace Mayer","startTime":964.44,"endTime":968.1,"body":"that, you know, what wouldn't"},{"speaker":"Trace Mayer","startTime":964.44,"endTime":968.1,"body":"that be? The rational thing for"},{"speaker":"Trace Mayer","startTime":968.1,"endTime":972.24,"body":"any of these nation states to do"},{"speaker":"Trace Mayer","startTime":968.1,"endTime":972.24,"body":"is, you know, they want to have"},{"speaker":"Trace Mayer","startTime":972.24,"endTime":974.4,"body":"the world reserve currency. If"},{"speaker":"Trace Mayer","startTime":972.24,"endTime":974.4,"body":"they can't have that, then they"},{"speaker":"Trace Mayer","startTime":974.4,"endTime":977.82,"body":"should have as much physical"},{"speaker":"Trace Mayer","startTime":974.4,"endTime":977.82,"body":"gold as they can, and probably"},{"speaker":"Trace Mayer","startTime":977.82,"endTime":982.28,"body":"as much physical Bitcoin, which,"},{"speaker":"Trace Mayer","startTime":977.82,"endTime":982.28,"body":"you know, made me very curious."},{"speaker":"Trace Mayer","startTime":982.28,"endTime":985.04,"body":"Like, why do we have such"},{"speaker":"Trace Mayer","startTime":982.28,"endTime":985.04,"body":"forward thinking people in El"},{"speaker":"Trace Mayer","startTime":985.04,"endTime":988.34,"body":"Salvador, in the government,"},{"speaker":"Trace Mayer","startTime":985.04,"endTime":988.34,"body":"that they're gonna start"},{"speaker":"Trace Mayer","startTime":988.58,"endTime":992.36,"body":"acquiring this magic internet"},{"speaker":"Trace Mayer","startTime":988.58,"endTime":992.36,"body":"money? Like, right? Usually,"},{"speaker":"Trace Mayer","startTime":992.36,"endTime":995.6,"body":"yeah, usually it's not the a"},{"speaker":"Trace Mayer","startTime":992.36,"endTime":995.6,"body":"team like running the running"},{"speaker":"Trace Mayer","startTime":995.6,"endTime":998.84,"body":"the governments, but in this"},{"speaker":"Trace Mayer","startTime":995.6,"endTime":998.84,"body":"case, like, not only are they"},{"speaker":"Trace Mayer","startTime":998.84,"endTime":1002.1,"body":"cleaning up this, this gang"},{"speaker":"Trace Mayer","startTime":998.84,"endTime":1002.1,"body":"mess, but they're also acquiring"},{"speaker":"Trace Mayer","startTime":1002.1,"endTime":1005.94,"body":"the sound money as an"},{"speaker":"Trace Mayer","startTime":1002.1,"endTime":1005.94,"body":"institution, as as a state"},{"speaker":"Trace Mayer","startTime":1005.94,"endTime":1009.9,"body":"institution. So it's wildly"},{"speaker":"Trace Mayer","startTime":1005.94,"endTime":1009.9,"body":"interesting to me. So"},{"speaker":"Mike Peterson","startTime":1009.9,"endTime":1013.2,"body":"when did you"},{"speaker":"Mike Peterson","startTime":1009.9,"endTime":1013.2,"body":"first hear about El Salvador's"},{"speaker":"Mike Peterson","startTime":1013.2,"endTime":1015.6,"body":"Bitcoin adoption? When was it"},{"speaker":"Mike Peterson","startTime":1013.2,"endTime":1015.6,"body":"when they made the announcement"},{"speaker":"Mike Peterson","startTime":1015.6,"endTime":1015.72,"body":"at"},{"speaker":"Trace Mayer","startTime":1015.72,"endTime":1018.3,"body":"the conference?"},{"speaker":"Trace Mayer","startTime":1015.72,"endTime":1018.3,"body":"Yeah, okay, yeah, I just read"},{"speaker":"Trace Mayer","startTime":1018.3,"endTime":1019.8,"body":"about it in the press, like"},{"speaker":"Trace Mayer","startTime":1018.3,"endTime":1019.8,"body":"everybody"},{"speaker":"Mike Peterson","startTime":1019.8,"endTime":1021.8,"body":"else, yeah. And"},{"speaker":"Mike Peterson","startTime":1019.8,"endTime":1021.8,"body":"what was your thought at that"},{"speaker":"Mike Peterson","startTime":1021.8,"endTime":1022.28,"body":"time?"},{"speaker":"Trace Mayer","startTime":1023.36,"endTime":1026.66,"body":"Oh, it's fulfilling"},{"speaker":"Trace Mayer","startTime":1023.36,"endTime":1026.66,"body":"what I've talked about like in"},{"speaker":"Trace Mayer","startTime":1026.72,"endTime":1031.22,"body":"2014 I did an interview with Max"},{"speaker":"Trace Mayer","startTime":1026.72,"endTime":1031.22,"body":"Keiser where I talked about the"},{"speaker":"Trace Mayer","startTime":1031.22,"endTime":1034.64,"body":"geopolitical and geo strategic"},{"speaker":"Trace Mayer","startTime":1031.22,"endTime":1034.64,"body":"ramifications of bitcoin and how"},{"speaker":"Trace Mayer","startTime":1034.64,"endTime":1037.94,"body":"there would probably be some"},{"speaker":"Trace Mayer","startTime":1034.64,"endTime":1037.94,"body":"little, small country that would"},{"speaker":"Trace Mayer","startTime":1037.94,"endTime":1040.24,"body":"pick it up like a shield and"},{"speaker":"Trace Mayer","startTime":1037.94,"endTime":1040.24,"body":"perhaps even use it like a"},{"speaker":"Trace Mayer","startTime":1040.24,"endTime":1044.56,"body":"dagger. And sure enough, here we"},{"speaker":"Trace Mayer","startTime":1040.24,"endTime":1044.56,"body":"are, and that's exactly what"},{"speaker":"Trace Mayer","startTime":1044.56,"endTime":1047.26,"body":"they're doing, right? Because"},{"speaker":"Trace Mayer","startTime":1044.56,"endTime":1047.26,"body":"they now they've got this large"},{"speaker":"Trace Mayer","startTime":1047.26,"endTime":1050.8,"body":"mark to market gain on their"},{"speaker":"Trace Mayer","startTime":1047.26,"endTime":1050.8,"body":"Bitcoin Hoard. They're able to"},{"speaker":"Trace Mayer","startTime":1050.8,"endTime":1053.62,"body":"negotiate probably better"},{"speaker":"Trace Mayer","startTime":1050.8,"endTime":1053.62,"body":"interest rates because they're"},{"speaker":"Trace Mayer","startTime":1053.62,"endTime":1057.52,"body":"more credit worthy. Now,"},{"speaker":"Trace Mayer","startTime":1053.62,"endTime":1057.52,"body":"hopefully they can figure out"},{"speaker":"Trace Mayer","startTime":1057.52,"endTime":1061.98,"body":"how to get out of the underneath"},{"speaker":"Trace Mayer","startTime":1057.52,"endTime":1061.98,"body":"the thumb of the IMF. You know,"},{"speaker":"Trace Mayer","startTime":1061.98,"endTime":1064.62,"body":"they probably don't even have"},{"speaker":"Trace Mayer","startTime":1061.98,"endTime":1064.62,"body":"that much debt to refinance. I"},{"speaker":"Trace Mayer","startTime":1064.62,"endTime":1067.38,"body":"mean, I bet tether could, like,"},{"speaker":"Trace Mayer","startTime":1064.62,"endTime":1067.38,"body":"just refinance all their debt if"},{"speaker":"Trace Mayer","startTime":1067.38,"endTime":1070.44,"body":"tether actually wanted, yeah,"},{"speaker":"Trace Mayer","startTime":1067.38,"endTime":1070.44,"body":"and, and so obviously they have"},{"speaker":"Trace Mayer","startTime":1070.44,"endTime":1072.78,"body":"deep pockets. Yeah, well, I"},{"speaker":"Trace Mayer","startTime":1070.44,"endTime":1072.78,"body":"mean, it's you're talking about."},{"speaker":"Trace Mayer","startTime":1072.78,"endTime":1078.48,"body":"This is a very small, relatively"},{"speaker":"Trace Mayer","startTime":1072.78,"endTime":1078.48,"body":"small GDP, $25 billion GDP. I"},{"speaker":"Trace Mayer","startTime":1078.48,"endTime":1083.48,"body":"mean, Wyoming, which is a small"},{"speaker":"Trace Mayer","startTime":1078.48,"endTime":1083.48,"body":"US state, smallest by population"},{"speaker":"Trace Mayer","startTime":1083.48,"endTime":1088.82,"body":"is like 30 billion GDP. So, you"},{"speaker":"Trace Mayer","startTime":1083.48,"endTime":1088.82,"body":"know, it like they, they could,"},{"speaker":"Trace Mayer","startTime":1088.82,"endTime":1092.06,"body":"they could re, I mean, they,"},{"speaker":"Trace Mayer","startTime":1088.82,"endTime":1092.06,"body":"they really can use Bitcoin to"},{"speaker":"Trace Mayer","startTime":1092.06,"endTime":1095.54,"body":"their advantage down here in a"},{"speaker":"Trace Mayer","startTime":1092.06,"endTime":1095.54,"body":"huge way. And and when you look"},{"speaker":"Trace Mayer","startTime":1095.54,"endTime":1098.54,"body":"at, when you look at our"},{"speaker":"Trace Mayer","startTime":1095.54,"endTime":1098.54,"body":"history, like when the Bank of"},{"speaker":"Trace Mayer","startTime":1098.54,"endTime":1102.16,"body":"England collapsed in 6096, they"},{"speaker":"Trace Mayer","startTime":1098.54,"endTime":1102.16,"body":"put in Isaac Newton as master"},{"speaker":"Trace Mayer","startTime":1102.16,"endTime":1105.04,"body":"the mint, and he developed the"},{"speaker":"Trace Mayer","startTime":1102.16,"endTime":1105.04,"body":"classical gold standard, and it"},{"speaker":"Trace Mayer","startTime":1105.04,"endTime":1110.92,"body":"laid the foundation for this"},{"speaker":"Trace Mayer","startTime":1105.04,"endTime":1110.92,"body":"huge explosion of free trade, of"},{"speaker":"Trace Mayer","startTime":1110.92,"endTime":1114.22,"body":"production, of capital"},{"speaker":"Trace Mayer","startTime":1110.92,"endTime":1114.22,"body":"allocation, like, you know, all"},{"speaker":"Trace Mayer","startTime":1114.22,"endTime":1118.0,"body":"these things that were positive"},{"speaker":"Trace Mayer","startTime":1114.22,"endTime":1118.0,"body":"benefits to society. So, you"},{"speaker":"Trace Mayer","startTime":1118.0,"endTime":1120.78,"body":"know, I see the same, similar"},{"speaker":"Trace Mayer","startTime":1118.0,"endTime":1120.78,"body":"type of potential down here in"},{"speaker":"Trace Mayer","startTime":1120.78,"endTime":1124.8,"body":"El Salvador, interesting, and"},{"speaker":"Trace Mayer","startTime":1120.78,"endTime":1124.8,"body":"they're acting on it, you know."},{"speaker":"Trace Mayer","startTime":1124.8,"endTime":1127.86,"body":"And, and when you and then, you"},{"speaker":"Trace Mayer","startTime":1124.8,"endTime":1127.86,"body":"know. So I read about the press"},{"speaker":"Trace Mayer","startTime":1127.86,"endTime":1130.2,"body":"release, and I'm like, Well, I"},{"speaker":"Trace Mayer","startTime":1127.86,"endTime":1130.2,"body":"wonder what else happened to"},{"speaker":"Trace Mayer","startTime":1130.2,"endTime":1133.38,"body":"this country? Well, the Russians"},{"speaker":"Trace Mayer","startTime":1130.2,"endTime":1133.38,"body":"were over here, you know, with"},{"speaker":"Trace Mayer","startTime":1133.38,"endTime":1136.44,"body":"Communists and Marxist"},{"speaker":"Trace Mayer","startTime":1133.38,"endTime":1136.44,"body":"propaganda for like, 50 to 70"},{"speaker":"Trace Mayer","startTime":1136.44,"endTime":1142.4,"body":"years, just all types of a mess."},{"speaker":"Trace Mayer","startTime":1136.44,"endTime":1142.4,"body":"Yeah, right. And and so you have"},{"speaker":"Trace Mayer","startTime":1142.4,"endTime":1144.92,"body":"all that mess, and then you have"},{"speaker":"Trace Mayer","startTime":1142.4,"endTime":1144.92,"body":"this gang violence mess. And so,"},{"speaker":"Trace Mayer","startTime":1144.92,"endTime":1145.64,"body":"you know, you're,"},{"speaker":"Mike Peterson","startTime":1145.94,"endTime":1147.38,"body":"yeah, they were"},{"speaker":"Mike Peterson","startTime":1145.94,"endTime":1147.38,"body":"caught in the Cold War,"},{"speaker":"Mike Peterson","startTime":1147.38,"endTime":1150.02,"body":"struggled, and they went from"},{"speaker":"Mike Peterson","startTime":1147.38,"endTime":1150.02,"body":"that into the gang. You've"},{"speaker":"Trace Mayer","startTime":1150.08,"endTime":1152.96,"body":"hit rock bottom."},{"speaker":"Trace Mayer","startTime":1150.08,"endTime":1152.96,"body":"You're coming out the top. Like"},{"speaker":"Trace Mayer","startTime":1152.96,"endTime":1155.6,"body":"a renaissance is beginning to"},{"speaker":"Trace Mayer","startTime":1152.96,"endTime":1155.6,"body":"happen. Like, what better"},{"speaker":"Trace Mayer","startTime":1155.78,"endTime":1158.84,"body":"foundation to build a"},{"speaker":"Trace Mayer","startTime":1155.78,"endTime":1158.84,"body":"renaissance on than sound money,"},{"speaker":"Trace Mayer","startTime":1159.44,"endTime":1165.64,"body":"and not the old sound money"},{"speaker":"Trace Mayer","startTime":1159.44,"endTime":1165.64,"body":"that's largely been trammeled"},{"speaker":"Trace Mayer","startTime":1165.94,"endTime":1169.18,"body":"and otherwise manipulated as"},{"speaker":"Trace Mayer","startTime":1165.94,"endTime":1169.18,"body":"much as possible by the central"},{"speaker":"Trace Mayer","startTime":1169.18,"endTime":1173.14,"body":"banks of the world. But like a"},{"speaker":"Trace Mayer","startTime":1169.18,"endTime":1173.14,"body":"new sound money that's largely"},{"speaker":"Trace Mayer","startTime":1173.2,"endTime":1177.28,"body":"held by individuals, you know, a"},{"speaker":"Trace Mayer","startTime":1173.2,"endTime":1177.28,"body":"market based money that's kind"},{"speaker":"Trace Mayer","startTime":1177.28,"endTime":1181.2,"body":"of crawled out of this"},{"speaker":"Trace Mayer","startTime":1177.28,"endTime":1181.2,"body":"primordial ooze, you know, like"},{"speaker":"Trace Mayer","startTime":1181.74,"endTime":1184.08,"body":"very exciting things to see"},{"speaker":"Trace Mayer","startTime":1181.74,"endTime":1184.08,"body":"happening."},{"speaker":"Mike Peterson","startTime":1184.38,"endTime":1186.66,"body":"So how do you"},{"speaker":"Mike Peterson","startTime":1184.38,"endTime":1186.66,"body":"square what's, what's happening"},{"speaker":"Mike Peterson","startTime":1186.66,"endTime":1189.78,"body":"on that? And I'm just curious,"},{"speaker":"Mike Peterson","startTime":1186.66,"endTime":1189.78,"body":"for somebody who's who's coming"},{"speaker":"Mike Peterson","startTime":1189.78,"endTime":1192.0,"body":"from the outside, who hasn't,"},{"speaker":"Mike Peterson","startTime":1189.78,"endTime":1192.0,"body":"kind of lived through the"},{"speaker":"Mike Peterson","startTime":1192.0,"endTime":1196.92,"body":"history here, how do you square"},{"speaker":"Mike Peterson","startTime":1192.0,"endTime":1196.92,"body":"that with with the reports in"},{"speaker":"Mike Peterson","startTime":1196.92,"endTime":1199.92,"body":"the press that this is a"},{"speaker":"Mike Peterson","startTime":1196.92,"endTime":1199.92,"body":"dictator, and this is, you know."},{"speaker":"Mike Peterson","startTime":1200.0,"endTime":1202.58,"body":"An oppressive government and"},{"speaker":"Mike Peterson","startTime":1200.0,"endTime":1202.58,"body":"those sorts of things. I'm just"},{"speaker":"Mike Peterson","startTime":1202.58,"endTime":1206.18,"body":"curious, as a Bitcoin or coming"},{"speaker":"Mike Peterson","startTime":1202.58,"endTime":1206.18,"body":"in from the outside, how do you"},{"speaker":"Mike Peterson","startTime":1206.18,"endTime":1208.46,"body":"kind of square those things"},{"speaker":"Mike Peterson","startTime":1206.18,"endTime":1208.46,"body":"together, or what? What's your"},{"speaker":"Mike Peterson","startTime":1208.46,"endTime":1209.48,"body":"perspective on that?"},{"speaker":"Trace Mayer","startTime":1209.78,"endTime":1212.24,"body":"Yeah, I suppose"},{"speaker":"Trace Mayer","startTime":1209.78,"endTime":1212.24,"body":"even, even more fundamental than"},{"speaker":"Trace Mayer","startTime":1212.24,"endTime":1216.62,"body":"just an outsider would be, you"},{"speaker":"Trace Mayer","startTime":1212.24,"endTime":1216.62,"body":"know, I'm very much Ron Paul"},{"speaker":"Trace Mayer","startTime":1216.8,"endTime":1219.44,"body":"libertarian. Yeah, you know, I"},{"speaker":"Trace Mayer","startTime":1216.8,"endTime":1219.44,"body":"donated to Ron Paul in his 2008"},{"speaker":"Trace Mayer","startTime":1219.86,"endTime":1223.54,"body":"campaign, like the Libertarians"},{"speaker":"Trace Mayer","startTime":1219.86,"endTime":1223.54,"body":"and the communists are kind of"},{"speaker":"Trace Mayer","startTime":1223.54,"endTime":1226.96,"body":"the only two that are really"},{"speaker":"Trace Mayer","startTime":1223.54,"endTime":1226.96,"body":"ideologically anchored into"},{"speaker":"Trace Mayer","startTime":1226.96,"endTime":1230.38,"body":"something in the political in"},{"speaker":"Trace Mayer","startTime":1226.96,"endTime":1230.38,"body":"the political sphere. And so"},{"speaker":"Trace Mayer","startTime":1230.38,"endTime":1235.0,"body":"coming from this, like"},{"speaker":"Trace Mayer","startTime":1230.38,"endTime":1235.0,"body":"libertarian viewpoint, if there"},{"speaker":"Trace Mayer","startTime":1235.0,"endTime":1240.6,"body":"is a proper role for government,"},{"speaker":"Trace Mayer","startTime":1235.0,"endTime":1240.6,"body":"protection of life, is pretty"},{"speaker":"Trace Mayer","startTime":1240.6,"endTime":1245.28,"body":"high on what would be an"},{"speaker":"Trace Mayer","startTime":1240.6,"endTime":1245.28,"body":"authorized right that you could"},{"speaker":"Trace Mayer","startTime":1245.28,"endTime":1248.16,"body":"delegate to someone else right"},{"speaker":"Trace Mayer","startTime":1245.28,"endTime":1248.16,"body":"because, because that's the"},{"speaker":"Trace Mayer","startTime":1248.16,"endTime":1250.8,"body":"whole concept of limited"},{"speaker":"Trace Mayer","startTime":1248.16,"endTime":1250.8,"body":"government, is that individuals"},{"speaker":"Trace Mayer","startTime":1250.8,"endTime":1253.68,"body":"are endowed with rights, and"},{"speaker":"Trace Mayer","startTime":1250.8,"endTime":1253.68,"body":"then they can, they can delegate"},{"speaker":"Trace Mayer","startTime":1253.68,"endTime":1256.74,"body":"those rights to someone else to"},{"speaker":"Trace Mayer","startTime":1253.68,"endTime":1256.74,"body":"act on their behalf. And the"},{"speaker":"Trace Mayer","startTime":1256.74,"endTime":1260.52,"body":"right to self defense is, you"},{"speaker":"Trace Mayer","startTime":1256.74,"endTime":1260.52,"body":"know, huge, like we should all"},{"speaker":"Trace Mayer","startTime":1260.52,"endTime":1264.38,"body":"believe in that one and that we"},{"speaker":"Trace Mayer","startTime":1260.52,"endTime":1264.38,"body":"can delegate it, yeah, and so,"},{"speaker":"Trace Mayer","startTime":1264.44,"endTime":1267.56,"body":"you know, when you have a"},{"speaker":"Trace Mayer","startTime":1264.44,"endTime":1267.56,"body":"population that's being"},{"speaker":"Trace Mayer","startTime":1268.22,"endTime":1275.12,"body":"terrorized by these like gangs"},{"speaker":"Trace Mayer","startTime":1268.22,"endTime":1275.12,"body":"that are, you know, murdering"},{"speaker":"Trace Mayer","startTime":1275.12,"endTime":1280.54,"body":"people, murdering babies, like I"},{"speaker":"Trace Mayer","startTime":1275.12,"endTime":1280.54,"body":"watched the interview that"},{"speaker":"Trace Mayer","startTime":1281.08,"endTime":1285.28,"body":"President bukele did with Tucker"},{"speaker":"Trace Mayer","startTime":1281.08,"endTime":1285.28,"body":"Carlson, and just talking about,"},{"speaker":"Trace Mayer","startTime":1285.52,"endTime":1290.62,"body":"like the the nature of this"},{"speaker":"Trace Mayer","startTime":1285.52,"endTime":1290.62,"body":"lawlessness and this violence"},{"speaker":"Trace Mayer","startTime":1290.98,"endTime":1294.94,"body":"and in the spiritual kind of"},{"speaker":"Trace Mayer","startTime":1290.98,"endTime":1294.94,"body":"component that President bukele"},{"speaker":"Trace Mayer","startTime":1294.94,"endTime":1299.14,"body":"is kind of phrased it in. And"},{"speaker":"Trace Mayer","startTime":1294.94,"endTime":1299.14,"body":"we're seeing similar types of"},{"speaker":"Trace Mayer","startTime":1299.14,"endTime":1302.34,"body":"things in Mexico, like when you,"},{"speaker":"Trace Mayer","startTime":1299.14,"endTime":1302.34,"body":"when you have that type of stuff"},{"speaker":"Trace Mayer","startTime":1302.34,"endTime":1307.02,"body":"going on, you know, it, does it"},{"speaker":"Trace Mayer","startTime":1302.34,"endTime":1307.02,"body":"bring like, that's where the"},{"speaker":"Trace Mayer","startTime":1307.26,"endTime":1309.3,"body":"that's where the rubber meets"},{"speaker":"Trace Mayer","startTime":1307.26,"endTime":1309.3,"body":"the road, in terms of"},{"speaker":"Trace Mayer","startTime":1309.3,"endTime":1313.98,"body":"libertarian philosophy, right?"},{"speaker":"Trace Mayer","startTime":1309.3,"endTime":1313.98,"body":"Because, like, yes, we should"},{"speaker":"Trace Mayer","startTime":1313.98,"endTime":1319.44,"body":"have due process. Yes, we should"},{"speaker":"Trace Mayer","startTime":1313.98,"endTime":1319.44,"body":"have, you know, individual"},{"speaker":"Trace Mayer","startTime":1319.44,"endTime":1323.12,"body":"rights and everything. And at"},{"speaker":"Trace Mayer","startTime":1319.44,"endTime":1323.12,"body":"the same time, we need to be"},{"speaker":"Trace Mayer","startTime":1323.12,"endTime":1327.68,"body":"protecting against this type of"},{"speaker":"Trace Mayer","startTime":1323.12,"endTime":1327.68,"body":"behavior that I think all of us"},{"speaker":"Trace Mayer","startTime":1327.68,"endTime":1330.98,"body":"can agree is completely"},{"speaker":"Trace Mayer","startTime":1327.68,"endTime":1330.98,"body":"atrocious and has no place in a"},{"speaker":"Trace Mayer","startTime":1330.98,"endTime":1335.6,"body":"civilized society. And so how do"},{"speaker":"Trace Mayer","startTime":1330.98,"endTime":1335.6,"body":"you go about actually cutting"},{"speaker":"Trace Mayer","startTime":1335.6,"endTime":1339.56,"body":"out that cancer, you know, and"},{"speaker":"Trace Mayer","startTime":1335.6,"endTime":1339.56,"body":"and that's what's interesting."},{"speaker":"Trace Mayer","startTime":1339.56,"endTime":1342.16,"body":"Like, it President bukele"},{"speaker":"Trace Mayer","startTime":1339.56,"endTime":1342.16,"body":"appears to have, like,"},{"speaker":"Trace Mayer","startTime":1342.16,"endTime":1347.08,"body":"physically subjugated a realm of"},{"speaker":"Trace Mayer","startTime":1342.16,"endTime":1347.08,"body":"hell, like physically subjugated"},{"speaker":"Trace Mayer","startTime":1347.08,"endTime":1348.88,"body":"that into the SACOG. No, no,"},{"speaker":"Mike Peterson","startTime":1348.94,"endTime":1351.82,"body":"I mean, and I"},{"speaker":"Mike Peterson","startTime":1348.94,"endTime":1351.82,"body":"asked just because having,"},{"speaker":"Mike Peterson","startTime":1352.0,"endTime":1355.42,"body":"having lived here, lived through"},{"speaker":"Mike Peterson","startTime":1352.0,"endTime":1355.42,"body":"those bad times, raised my kids"},{"speaker":"Mike Peterson","startTime":1355.42,"endTime":1358.9,"body":"here, like you felt it here, for"},{"speaker":"Mike Peterson","startTime":1355.42,"endTime":1358.9,"body":"the people here, there's no"},{"speaker":"Mike Peterson","startTime":1358.9,"endTime":1362.52,"body":"question that he did what was"},{"speaker":"Mike Peterson","startTime":1358.9,"endTime":1362.52,"body":"needed to be done, and that it's"},{"speaker":"Mike Peterson","startTime":1362.64,"endTime":1365.82,"body":"been a huge release, 92%"},{"speaker":"Mike Peterson","startTime":1362.64,"endTime":1365.82,"body":"approval rate, yeah, and,"},{"speaker":"Trace Mayer","startTime":1365.82,"endTime":1369.18,"body":"and, like my, I"},{"speaker":"Trace Mayer","startTime":1365.82,"endTime":1369.18,"body":"mean, my my dad was at the"},{"speaker":"Trace Mayer","startTime":1369.18,"endTime":1373.38,"body":"Battle of docto, the fiercest,"},{"speaker":"Trace Mayer","startTime":1369.18,"endTime":1373.38,"body":"most bloody battle in Vietnam."},{"speaker":"Trace Mayer","startTime":1374.04,"endTime":1378.9,"body":"Both my grandpas were at Omaha"},{"speaker":"Trace Mayer","startTime":1374.04,"endTime":1378.9,"body":"Beach and at Utah Beach. You"},{"speaker":"Trace Mayer","startTime":1378.9,"endTime":1383.48,"body":"know, both my dad and my grandpa"},{"speaker":"Trace Mayer","startTime":1378.9,"endTime":1383.48,"body":"were in communications. So like"},{"speaker":"Trace Mayer","startTime":1383.6,"endTime":1386.42,"body":"the Viet Cong knew that the guy"},{"speaker":"Trace Mayer","startTime":1383.6,"endTime":1386.42,"body":"at the front of the platoon trip"},{"speaker":"Trace Mayer","startTime":1386.42,"endTime":1388.94,"body":"the trip wire, the grenade"},{"speaker":"Trace Mayer","startTime":1386.42,"endTime":1388.94,"body":"rolled out at my dad's feet. It"},{"speaker":"Trace Mayer","startTime":1388.94,"endTime":1392.0,"body":"was a dud, like the German"},{"speaker":"Trace Mayer","startTime":1388.94,"endTime":1392.0,"body":"sniper, like shot the telephone"},{"speaker":"Trace Mayer","startTime":1392.0,"endTime":1394.7,"body":"pole that my grandpa was on,"},{"speaker":"Trace Mayer","startTime":1392.0,"endTime":1394.7,"body":"stringing the telephone line and"},{"speaker":"Trace Mayer","startTime":1394.88,"endTime":1397.52,"body":"like barely missed getting shot"},{"speaker":"Trace Mayer","startTime":1394.88,"endTime":1397.52,"body":"in the head. Because of that,"},{"speaker":"Trace Mayer","startTime":1397.88,"endTime":1402.04,"body":"when we're in the middle of war,"},{"speaker":"Trace Mayer","startTime":1397.88,"endTime":1402.04,"body":"you know, hopefully we can"},{"speaker":"Trace Mayer","startTime":1402.04,"endTime":1407.8,"body":"retain some of our principles"},{"speaker":"Trace Mayer","startTime":1402.04,"endTime":1407.8,"body":"even in the midst of war. Yeah,"},{"speaker":"Trace Mayer","startTime":1407.86,"endTime":1412.78,"body":"and, and that is what's very"},{"speaker":"Trace Mayer","startTime":1407.86,"endTime":1412.78,"body":"interesting with President"},{"speaker":"Trace Mayer","startTime":1412.78,"endTime":1418.66,"body":"bukele, even his Twitter bio"},{"speaker":"Trace Mayer","startTime":1412.78,"endTime":1418.66,"body":"philosopher king, right? Like,"},{"speaker":"Trace Mayer","startTime":1419.5,"endTime":1423.24,"body":"it doesn't seem like he wants to"},{"speaker":"Trace Mayer","startTime":1419.5,"endTime":1423.24,"body":"have a Jake like a Jacobian"},{"speaker":"Trace Mayer","startTime":1423.24,"endTime":1426.78,"body":"revolution here, like the reign"},{"speaker":"Trace Mayer","startTime":1423.24,"endTime":1426.78,"body":"of terror in France. No, no. It"},{"speaker":"Trace Mayer","startTime":1426.78,"endTime":1431.28,"body":"seems very much that, like this"},{"speaker":"Trace Mayer","startTime":1426.78,"endTime":1431.28,"body":"is a principles based, like,"},{"speaker":"Trace Mayer","startTime":1431.64,"endTime":1437.1,"body":"holy war going against these"},{"speaker":"Trace Mayer","startTime":1431.64,"endTime":1437.1,"body":"guys and and these guys, like,"},{"speaker":"Trace Mayer","startTime":1437.1,"endTime":1440.42,"body":"look at what they've done. And"},{"speaker":"Trace Mayer","startTime":1437.1,"endTime":1440.42,"body":"it's atrocious behavior. The"},{"speaker":"Trace Mayer","startTime":1440.42,"endTime":1444.38,"body":"very worst that, that probably"},{"speaker":"Trace Mayer","startTime":1440.42,"endTime":1444.38,"body":"comes out of human beings, when"},{"speaker":"Trace Mayer","startTime":1444.38,"endTime":1445.16,"body":"you think, yeah, and"},{"speaker":"Mike Peterson","startTime":1445.16,"endTime":1447.26,"body":"it, I mean, it"},{"speaker":"Mike Peterson","startTime":1445.16,"endTime":1447.26,"body":"affected people at all levels."},{"speaker":"Mike Peterson","startTime":1447.26,"endTime":1450.86,"body":"Every part of their life was"},{"speaker":"Mike Peterson","startTime":1447.26,"endTime":1450.86,"body":"impacted by this sense of fear"},{"speaker":"Mike Peterson","startTime":1451.16,"endTime":1453.92,"body":"and control that things. 3"},{"speaker":"Mike Peterson","startTime":1451.16,"endTime":1453.92,"body":"million"},{"speaker":"Trace Mayer","startTime":1453.92,"endTime":1457.52,"body":"of them left like"},{"speaker":"Trace Mayer","startTime":1453.92,"endTime":1457.52,"body":"you couldn't have economic"},{"speaker":"Trace Mayer","startTime":1457.52,"endTime":1461.32,"body":"calculation going on, yeah, you"},{"speaker":"Trace Mayer","startTime":1457.52,"endTime":1461.32,"body":"know? So there's, you know, you"},{"speaker":"Trace Mayer","startTime":1461.32,"endTime":1466.48,"body":"look at it and it's like, man,"},{"speaker":"Trace Mayer","startTime":1461.32,"endTime":1466.48,"body":"that's just that is incredibly"},{"speaker":"Trace Mayer","startTime":1467.14,"endTime":1471.52,"body":"interesting, courageous and"},{"speaker":"Trace Mayer","startTime":1467.14,"endTime":1471.52,"body":"admirable, that someone would"},{"speaker":"Trace Mayer","startTime":1471.52,"endTime":1474.4,"body":"actually go up against that. I"},{"speaker":"Trace Mayer","startTime":1471.52,"endTime":1474.4,"body":"mean, well, everybody thought"},{"speaker":"Mike Peterson","startTime":1474.4,"endTime":1475.9,"body":"it was"},{"speaker":"Mike Peterson","startTime":1474.4,"endTime":1475.9,"body":"impossible. Everybody said"},{"speaker":"Mike Peterson","startTime":1475.9,"endTime":1478.18,"body":"there's no way. Other"},{"speaker":"Mike Peterson","startTime":1475.9,"endTime":1478.18,"body":"governments have tried it, but"},{"speaker":"Mike Peterson","startTime":1478.18,"endTime":1481.92,"body":"nobody came in with the full"},{"speaker":"Mike Peterson","startTime":1478.18,"endTime":1481.92,"body":"force and determination that"},{"speaker":"Mike Peterson","startTime":1481.92,"endTime":1485.88,"body":"this had to be you had to be all"},{"speaker":"Mike Peterson","startTime":1481.92,"endTime":1485.88,"body":"in in order to win it, when"},{"speaker":"Trace Mayer","startTime":1486.0,"endTime":1490.02,"body":"we had to be all in"},{"speaker":"Trace Mayer","startTime":1486.0,"endTime":1490.02,"body":"in 1945 Yeah? Like my grandpa"},{"speaker":"Trace Mayer","startTime":1490.02,"endTime":1493.26,"body":"had to be all in when they,"},{"speaker":"Trace Mayer","startTime":1490.02,"endTime":1493.26,"body":"like, jumped off of those"},{"speaker":"Trace Mayer","startTime":1493.26,"endTime":1496.62,"body":"amphibious landing craft and ran"},{"speaker":"Trace Mayer","startTime":1493.26,"endTime":1496.62,"body":"into the machine gun fire, yeah?"},{"speaker":"Trace Mayer","startTime":1496.62,"endTime":1499.5,"body":"And, I mean, my grandpa was"},{"speaker":"Trace Mayer","startTime":1496.62,"endTime":1499.5,"body":"behind the front lines, like,"},{"speaker":"Trace Mayer","startTime":1499.5,"endTime":1502.22,"body":"coming to. And he was a high"},{"speaker":"Trace Mayer","startTime":1499.5,"endTime":1502.22,"body":"value target up on the telephone"},{"speaker":"Trace Mayer","startTime":1502.22,"endTime":1504.98,"body":"line. I mean, you have to have"},{"speaker":"Trace Mayer","startTime":1502.22,"endTime":1504.98,"body":"cur, you have to have courage,"},{"speaker":"Trace Mayer","startTime":1505.22,"endTime":1509.24,"body":"you have to have admiration. You"},{"speaker":"Trace Mayer","startTime":1505.22,"endTime":1509.24,"body":"just have to have just an"},{"speaker":"Trace Mayer","startTime":1509.3,"endTime":1513.98,"body":"unbelievable amount of might and"},{"speaker":"Trace Mayer","startTime":1509.3,"endTime":1513.98,"body":"willpower to like force your"},{"speaker":"Trace Mayer","startTime":1513.98,"endTime":1518.48,"body":"vision for what needs to be in"},{"speaker":"Trace Mayer","startTime":1513.98,"endTime":1518.48,"body":"the world against that"},{"speaker":"Trace Mayer","startTime":1518.54,"endTime":1524.38,"body":"opposition, right? So, I mean, I"},{"speaker":"Trace Mayer","startTime":1518.54,"endTime":1524.38,"body":"look at it, and it's like the"},{"speaker":"Trace Mayer","startTime":1524.38,"endTime":1530.8,"body":"gangs were, like, way worse"},{"speaker":"Trace Mayer","startTime":1524.38,"endTime":1530.8,"body":"dictators than it seems bukele"},{"speaker":"Trace Mayer","startTime":1531.1,"endTime":1534.28,"body":"ever could be accused of being."},{"speaker":"Trace Mayer","startTime":1531.1,"endTime":1534.28,"body":"If you even want to, like, try"},{"speaker":"Trace Mayer","startTime":1534.28,"endTime":1536.5,"body":"and go down that road, but if"},{"speaker":"Trace Mayer","startTime":1534.28,"endTime":1536.5,"body":"you're trying to go down that"},{"speaker":"Trace Mayer","startTime":1536.5,"endTime":1539.5,"body":"road, like, what are you trying"},{"speaker":"Trace Mayer","startTime":1536.5,"endTime":1539.5,"body":"to accomplish? Like, you're"},{"speaker":"Trace Mayer","startTime":1539.5,"endTime":1545.82,"body":"gonna side with the MS 13 guys."},{"speaker":"Trace Mayer","startTime":1539.5,"endTime":1545.82,"body":"Like, I don't think they have"},{"speaker":"Trace Mayer","startTime":1545.82,"endTime":1550.08,"body":"very much public support. No,"},{"speaker":"Trace Mayer","startTime":1545.82,"endTime":1550.08,"body":"no, you know. So, so, I mean, I"},{"speaker":"Trace Mayer","startTime":1550.08,"endTime":1552.78,"body":"look at it as, like, you know,"},{"speaker":"Trace Mayer","startTime":1550.08,"endTime":1552.78,"body":"there are a lot of people that"},{"speaker":"Trace Mayer","startTime":1552.78,"endTime":1556.14,"body":"can be critics of people that"},{"speaker":"Trace Mayer","startTime":1552.78,"endTime":1556.14,"body":"are in the arena, but what have"},{"speaker":"Trace Mayer","startTime":1556.14,"endTime":1558.06,"body":"they actually accomplished?"},{"speaker":"Trace Mayer","startTime":1556.14,"endTime":1558.06,"body":"Like, what?"},{"speaker":"Mike Peterson","startTime":1558.6,"endTime":1561.26,"body":"Like, they're"},{"speaker":"Mike Peterson","startTime":1558.6,"endTime":1561.26,"body":"very, very easy to be a keyboard"},{"speaker":"Mike Peterson","startTime":1561.26,"endTime":1562.1,"body":"warrior. Yeah? Well,"},{"speaker":"Trace Mayer","startTime":1562.1,"endTime":1564.08,"body":"there's, there's a"},{"speaker":"Trace Mayer","startTime":1562.1,"endTime":1564.08,"body":"scoreboard, yeah, and there's"},{"speaker":"Trace Mayer","startTime":1564.08,"endTime":1566.6,"body":"points on it. And President"},{"speaker":"Trace Mayer","startTime":1564.08,"endTime":1566.6,"body":"Bucha, he's put a bunch of"},{"speaker":"Trace Mayer","startTime":1566.6,"endTime":1570.26,"body":"points on the scoreboard, a ton"},{"speaker":"Trace Mayer","startTime":1566.6,"endTime":1570.26,"body":"of points, points that a lot of"},{"speaker":"Trace Mayer","startTime":1570.26,"endTime":1572.9,"body":"people thought were impossible,"},{"speaker":"Trace Mayer","startTime":1570.26,"endTime":1572.9,"body":"yeah, to put on the scoreboard?"},{"speaker":"Mike Peterson","startTime":1573.14,"endTime":1575.6,"body":"No. I mean, when"},{"speaker":"Mike Peterson","startTime":1573.14,"endTime":1575.6,"body":"it, when it was rolled out, I"},{"speaker":"Mike Peterson","startTime":1575.6,"endTime":1578.06,"body":"had my doubts. I'm like, the"},{"speaker":"Mike Peterson","startTime":1575.6,"endTime":1578.06,"body":"governments have tried this"},{"speaker":"Mike Peterson","startTime":1578.06,"endTime":1580.78,"body":"before. You know, they come in,"},{"speaker":"Mike Peterson","startTime":1578.06,"endTime":1580.78,"body":"and then that winds up being"},{"speaker":"Mike Peterson","startTime":1580.78,"endTime":1585.16,"body":"worse than ever after. So it, I"},{"speaker":"Mike Peterson","startTime":1580.78,"endTime":1585.16,"body":"think most people had doubts"},{"speaker":"Mike Peterson","startTime":1585.16,"endTime":1587.92,"body":"that he could actually do it,"},{"speaker":"Mike Peterson","startTime":1585.16,"endTime":1587.92,"body":"but he persisted, and it seems"},{"speaker":"Mike Peterson","startTime":1587.92,"endTime":1588.16,"body":"that"},{"speaker":"Trace Mayer","startTime":1588.16,"endTime":1590.74,"body":"they proceeded."},{"speaker":"Trace Mayer","startTime":1588.16,"endTime":1590.74,"body":"There was not a lot of"},{"speaker":"Trace Mayer","startTime":1590.74,"endTime":1594.58,"body":"collateral damage among civilian"},{"speaker":"Trace Mayer","startTime":1590.74,"endTime":1594.58,"body":"populations or whatnot. I mean,"},{"speaker":"Trace Mayer","startTime":1594.58,"endTime":1599.02,"body":"look at, look at the terrible"},{"speaker":"Trace Mayer","startTime":1594.58,"endTime":1599.02,"body":"atrocities that have happened in"},{"speaker":"Trace Mayer","startTime":1599.02,"endTime":1603.36,"body":"like Afghanistan, for example,"},{"speaker":"Trace Mayer","startTime":1599.02,"endTime":1603.36,"body":"trying to have our conditions"},{"speaker":"Trace Mayer","startTime":1603.36,"endTime":1607.5,"body":"based withdrawal and other"},{"speaker":"Trace Mayer","startTime":1603.36,"endTime":1607.5,"body":"things. I mean, it's just, oh"},{"speaker":"Trace Mayer","startTime":1607.8,"endTime":1612.54,"body":"yeah. Statecraft is messy, I"},{"speaker":"Trace Mayer","startTime":1607.8,"endTime":1612.54,"body":"think, is the, is the, the"},{"speaker":"Trace Mayer","startTime":1612.54,"endTime":1617.7,"body":"underlying theme of this is that"},{"speaker":"Trace Mayer","startTime":1612.54,"endTime":1617.7,"body":"it can be very messy. And, you"},{"speaker":"Trace Mayer","startTime":1617.7,"endTime":1621.44,"body":"know, you you want to hope that"},{"speaker":"Trace Mayer","startTime":1617.7,"endTime":1621.44,"body":"the people that are engaged in"},{"speaker":"Trace Mayer","startTime":1621.44,"endTime":1626.0,"body":"it are well intentioned and well"},{"speaker":"Trace Mayer","startTime":1621.44,"endTime":1626.0,"body":"meaning, and that they're"},{"speaker":"Trace Mayer","startTime":1626.66,"endTime":1630.26,"body":"somebody that you can morally"},{"speaker":"Trace Mayer","startTime":1626.66,"endTime":1630.26,"body":"feel, that you're kind of"},{"speaker":"Trace Mayer","startTime":1630.32,"endTime":1633.56,"body":"delegating some of your"},{"speaker":"Trace Mayer","startTime":1630.32,"endTime":1633.56,"body":"inalienable right to, and that"},{"speaker":"Trace Mayer","startTime":1633.56,"endTime":1636.86,"body":"they're not going to abuse that"},{"speaker":"Trace Mayer","startTime":1633.56,"endTime":1636.86,"body":"delegation, yeah, in some type"},{"speaker":"Trace Mayer","startTime":1636.86,"endTime":1641.74,"body":"of an immoral way, you know,"},{"speaker":"Trace Mayer","startTime":1636.86,"endTime":1641.74,"body":"Because what? And because, I"},{"speaker":"Trace Mayer","startTime":1641.74,"endTime":1645.28,"body":"mean, we look at Korematsu, you"},{"speaker":"Trace Mayer","startTime":1641.74,"endTime":1645.28,"body":"know, Supreme Court case about"},{"speaker":"Trace Mayer","startTime":1646.54,"endTime":1650.5,"body":"the detention of the Japanese"},{"speaker":"Trace Mayer","startTime":1646.54,"endTime":1650.5,"body":"during World War Two, or we look"},{"speaker":"Trace Mayer","startTime":1650.5,"endTime":1653.8,"body":"at ex parte Milligan under"},{"speaker":"Trace Mayer","startTime":1650.5,"endTime":1653.8,"body":"Lincoln, you know, even the"},{"speaker":"Trace Mayer","startTime":1653.8,"endTime":1656.62,"body":"United States, we've, you know,"},{"speaker":"Trace Mayer","startTime":1653.8,"endTime":1656.62,"body":"we've, we've brought, we've"},{"speaker":"Trace Mayer","startTime":1656.62,"endTime":1661.26,"body":"done, we've done Constitutional"},{"speaker":"Trace Mayer","startTime":1656.62,"endTime":1661.26,"body":"and Human Rights questions. I"},{"speaker":"Trace Mayer","startTime":1661.26,"endTime":1666.06,"body":"mean Hamdi, the Hamdi case, one"},{"speaker":"Trace Mayer","startTime":1661.26,"endTime":1666.06,"body":"of the terrorist cases. Now, you"},{"speaker":"Trace Mayer","startTime":1666.06,"endTime":1669.9,"body":"know judge Boasberg going head"},{"speaker":"Trace Mayer","startTime":1666.06,"endTime":1669.9,"body":"to head with Trump on this alien"},{"speaker":"Trace Mayer","startTime":1669.9,"endTime":1674.76,"body":"enemies act stuff. And you know"},{"speaker":"Trace Mayer","startTime":1669.9,"endTime":1674.76,"body":"these are, you know that we can"},{"speaker":"Trace Mayer","startTime":1674.76,"endTime":1677.34,"body":"all criticize people in the"},{"speaker":"Trace Mayer","startTime":1674.76,"endTime":1677.34,"body":"arena, but like, you know"},{"speaker":"Trace Mayer","startTime":1677.34,"endTime":1680.66,"body":"they're putting points on the"},{"speaker":"Trace Mayer","startTime":1677.34,"endTime":1680.66,"body":"board, and in some cases, you"},{"speaker":"Trace Mayer","startTime":1680.66,"endTime":1684.68,"body":"know, they're, and I do, and I"},{"speaker":"Trace Mayer","startTime":1680.66,"endTime":1684.68,"body":"do think that they're well and"},{"speaker":"Trace Mayer","startTime":1684.98,"endTime":1687.62,"body":"they're often well intentioned,"},{"speaker":"Trace Mayer","startTime":1684.98,"endTime":1687.62,"body":"you know. And I think"},{"speaker":"Mike Peterson","startTime":1687.62,"endTime":1689.9,"body":"it's good to have"},{"speaker":"Mike Peterson","startTime":1687.62,"endTime":1689.9,"body":"people call out the other side"},{"speaker":"Mike Peterson","startTime":1689.9,"endTime":1693.62,"body":"and the question things that, to"},{"speaker":"Mike Peterson","startTime":1689.9,"endTime":1693.62,"body":"some extent, I think we do need"},{"speaker":"Mike Peterson","startTime":1693.62,"endTime":1697.1,"body":"people that are willing to to"},{"speaker":"Mike Peterson","startTime":1693.62,"endTime":1697.1,"body":"take the other side so we can"},{"speaker":"Mike Peterson","startTime":1697.1,"endTime":1698.54,"body":"have these type of"},{"speaker":"Mike Peterson","startTime":1697.1,"endTime":1698.54,"body":"conversations."},{"speaker":"Trace Mayer","startTime":1698.54,"endTime":1700.96,"body":"Well, that's why,"},{"speaker":"Trace Mayer","startTime":1698.54,"endTime":1700.96,"body":"you know, that's why our"},{"speaker":"Trace Mayer","startTime":1701.38,"endTime":1705.04,"body":"institutions are so strong is"},{"speaker":"Trace Mayer","startTime":1701.38,"endTime":1705.04,"body":"because of this freedom of"},{"speaker":"Trace Mayer","startTime":1705.04,"endTime":1709.96,"body":"speech and and didn't we see,"},{"speaker":"Trace Mayer","startTime":1705.04,"endTime":1709.96,"body":"like over the last few years,"},{"speaker":"Trace Mayer","startTime":1709.96,"endTime":1714.1,"body":"how weakened our institutions"},{"speaker":"Trace Mayer","startTime":1709.96,"endTime":1714.1,"body":"become when there's censorship"},{"speaker":"Trace Mayer","startTime":1714.1,"endTime":1718.54,"body":"and silencing? Definitely, you"},{"speaker":"Trace Mayer","startTime":1714.1,"endTime":1718.54,"body":"know, I like"},{"speaker":"Mike Peterson","startTime":1718.78,"endTime":1720.66,"body":"It's and we're"},{"speaker":"Mike Peterson","startTime":1718.78,"endTime":1720.66,"body":"still we're seeing it in Europe"},{"speaker":"Mike Peterson","startTime":1720.66,"endTime":1723.06,"body":"right now, it just keeps getting"},{"speaker":"Mike Peterson","startTime":1720.66,"endTime":1723.06,"body":"worse. We're seeing"},{"speaker":"Trace Mayer","startTime":1723.06,"endTime":1727.14,"body":"it in Europe. The"},{"speaker":"Trace Mayer","startTime":1723.06,"endTime":1727.14,"body":"UK has got 11 105% excess death"},{"speaker":"Trace Mayer","startTime":1727.14,"endTime":1731.22,"body":"on zero to 11 year old kids like"},{"speaker":"Trace Mayer","startTime":1727.14,"endTime":1731.22,"body":"why? Why are kids dying at such"},{"speaker":"Trace Mayer","startTime":1731.22,"endTime":1735.3,"body":"a high rate in the UK right now?"},{"speaker":"Trace Mayer","startTime":1731.22,"endTime":1735.3,"body":"Did censorship play any role in"},{"speaker":"Trace Mayer","startTime":1735.3,"endTime":1739.2,"body":"that? You know, so sunlight is"},{"speaker":"Trace Mayer","startTime":1735.3,"endTime":1739.2,"body":"the best disinfectant. That's"},{"speaker":"Trace Mayer","startTime":1739.2,"endTime":1742.76,"body":"why the first amendment that's"},{"speaker":"Trace Mayer","startTime":1739.2,"endTime":1742.76,"body":"why communications is so"},{"speaker":"Trace Mayer","startTime":1742.76,"endTime":1747.26,"body":"critical to the functioning of a"},{"speaker":"Trace Mayer","startTime":1742.76,"endTime":1747.26,"body":"free and open society, but just"},{"speaker":"Trace Mayer","startTime":1747.38,"endTime":1750.5,"body":"society in general, because when"},{"speaker":"Trace Mayer","startTime":1747.38,"endTime":1750.5,"body":"we're not able to share ideas,"},{"speaker":"Trace Mayer","startTime":1751.04,"endTime":1753.56,"body":"you know, we're, we're gonna,"},{"speaker":"Trace Mayer","startTime":1751.04,"endTime":1753.56,"body":"we're gonna have a hard time"},{"speaker":"Trace Mayer","startTime":1753.56,"endTime":1756.2,"body":"figuring out how to do things"},{"speaker":"Trace Mayer","startTime":1753.56,"endTime":1756.2,"body":"better than we did before."},{"speaker":"Mike Peterson","startTime":1757.46,"endTime":1761.08,"body":"No, 100% I'm"},{"speaker":"Mike Peterson","startTime":1757.46,"endTime":1761.08,"body":"curious another issue that,"},{"speaker":"Mike Peterson","startTime":1761.14,"endTime":1764.32,"body":"sorry to hit you with all these."},{"speaker":"Mike Peterson","startTime":1761.14,"endTime":1764.32,"body":"But I know these are things that"},{"speaker":"Mike Peterson","startTime":1764.32,"endTime":1768.1,"body":"you, yeah, impromptu, but I know"},{"speaker":"Mike Peterson","startTime":1764.32,"endTime":1768.1,"body":"these are things you've thought"},{"speaker":"Mike Peterson","startTime":1768.1,"endTime":1771.16,"body":"deeply about, and so I don't"},{"speaker":"Mike Peterson","startTime":1768.1,"endTime":1771.16,"body":"feel like I'm backing you into a"},{"speaker":"Mike Peterson","startTime":1771.16,"endTime":1774.76,"body":"corner. You know, another"},{"speaker":"Mike Peterson","startTime":1771.16,"endTime":1774.76,"body":"criticism of Bitcoiners of El"},{"speaker":"Mike Peterson","startTime":1774.76,"endTime":1780.12,"body":"Salvador has been them buying"},{"speaker":"Mike Peterson","startTime":1774.76,"endTime":1780.12,"body":"Bitcoin when the money that they"},{"speaker":"Mike Peterson","startTime":1780.12,"endTime":1783.3,"body":"use to buy it is the people's"},{"speaker":"Mike Peterson","startTime":1780.12,"endTime":1783.3,"body":"money come from taxation. Lot of"},{"speaker":"Mike Peterson","startTime":1783.3,"endTime":1789.18,"body":"it really borrowed from and so"},{"speaker":"Mike Peterson","startTime":1783.3,"endTime":1789.18,"body":"just curious as to how, how you"},{"speaker":"Mike Peterson","startTime":1789.18,"endTime":1791.58,"body":"think about those things, and"},{"speaker":"Mike Peterson","startTime":1789.18,"endTime":1791.58,"body":"then how that would transfer"},{"speaker":"Mike Peterson","startTime":1791.58,"endTime":1795.84,"body":"over to the talk about the"},{"speaker":"Mike Peterson","startTime":1791.58,"endTime":1795.84,"body":"strategic reserve in the US, you"},{"speaker":"Mike Peterson","startTime":1795.84,"endTime":1799.02,"body":"know that talk of them"},{"speaker":"Mike Peterson","startTime":1795.84,"endTime":1799.02,"body":"accumulating Bitcoin. Just"},{"speaker":"Mike Peterson","startTime":1799.02,"endTime":1801.38,"body":"curious to hear your. How you"},{"speaker":"Mike Peterson","startTime":1799.02,"endTime":1801.38,"body":"think through that as a"},{"speaker":"Mike Peterson","startTime":1801.38,"endTime":1801.98,"body":"libertarian."},{"speaker":"Trace Mayer","startTime":1803.66,"endTime":1807.62,"body":"So, so the question"},{"speaker":"Trace Mayer","startTime":1803.66,"endTime":1807.62,"body":"is, like, what, like, what"},{"speaker":"Trace Mayer","startTime":1807.62,"endTime":1810.08,"body":"administrators of the"},{"speaker":"Trace Mayer","startTime":1807.62,"endTime":1810.08,"body":"institution of state are doing"},{"speaker":"Trace Mayer","startTime":1810.14,"endTime":1812.66,"body":"with resources that they've"},{"speaker":"Trace Mayer","startTime":1810.14,"endTime":1812.66,"body":"acquired somehow?"},{"speaker":"Mike Peterson","startTime":1812.72,"endTime":1815.42,"body":"Yeah, yeah,"},{"speaker":"Mike Peterson","startTime":1812.72,"endTime":1815.42,"body":"studio people that the"},{"speaker":"Mike Peterson","startTime":1815.42,"endTime":1818.06,"body":"government shouldn't be buying"},{"speaker":"Mike Peterson","startTime":1815.42,"endTime":1818.06,"body":"Bitcoin because they shouldn't"},{"speaker":"Mike Peterson","startTime":1818.06,"endTime":1821.56,"body":"be holding funds to begin with,"},{"speaker":"Mike Peterson","startTime":1818.06,"endTime":1821.56,"body":"that they should just take the,"},{"speaker":"Mike Peterson","startTime":1821.56,"endTime":1824.56,"body":"you know, limited amount to"},{"speaker":"Mike Peterson","startTime":1821.56,"endTime":1824.56,"body":"execute the duties that they"},{"speaker":"Mike Peterson","startTime":1824.56,"endTime":1825.82,"body":"need to execute."},{"speaker":"Trace Mayer","startTime":1825.82,"endTime":1830.62,"body":"Yeah. So I think"},{"speaker":"Trace Mayer","startTime":1825.82,"endTime":1830.62,"body":"this is where you know that the"},{"speaker":"Trace Mayer","startTime":1830.62,"endTime":1833.38,"body":"study, like the Austrian School"},{"speaker":"Trace Mayer","startTime":1830.62,"endTime":1833.38,"body":"of Economics, one of the things"},{"speaker":"Trace Mayer","startTime":1833.38,"endTime":1836.8,"body":"that really attracts me to it is"},{"speaker":"Trace Mayer","startTime":1833.38,"endTime":1836.8,"body":"that it talks about how things"},{"speaker":"Trace Mayer","startTime":1836.8,"endTime":1842.58,"body":"are not how you wish they'd be,"},{"speaker":"Trace Mayer","startTime":1836.8,"endTime":1842.58,"body":"yeah. And, you know, often we"},{"speaker":"Trace Mayer","startTime":1842.58,"endTime":1848.1,"body":"look at, you know, the laws of"},{"speaker":"Trace Mayer","startTime":1842.58,"endTime":1848.1,"body":"physics, and we might wish that"},{"speaker":"Trace Mayer","startTime":1848.1,"endTime":1851.16,"body":"the laws of physics had been"},{"speaker":"Trace Mayer","startTime":1848.1,"endTime":1851.16,"body":"different, but the laws of"},{"speaker":"Trace Mayer","startTime":1851.16,"endTime":1856.68,"body":"physics are neutral, right?"},{"speaker":"Trace Mayer","startTime":1851.16,"endTime":1856.68,"body":"Like, gold is a neutral asset."},{"speaker":"Trace Mayer","startTime":1856.68,"endTime":1859.5,"body":"It don't really care what your"},{"speaker":"Trace Mayer","startTime":1856.68,"endTime":1859.5,"body":"intentions are. It doesn't"},{"speaker":"Trace Mayer","startTime":1859.5,"endTime":1862.46,"body":"really care what you're planning"},{"speaker":"Trace Mayer","startTime":1859.5,"endTime":1862.46,"body":"to do with the thing or not"},{"speaker":"Trace Mayer","startTime":1862.46,"endTime":1866.72,"body":"doing with the thing. And the"},{"speaker":"Trace Mayer","startTime":1862.46,"endTime":1866.72,"body":"more Bitcoin becomes"},{"speaker":"Trace Mayer","startTime":1866.72,"endTime":1870.38,"body":"decentralized and resilient and"},{"speaker":"Trace Mayer","startTime":1866.72,"endTime":1870.38,"body":"all these things, the more kind"},{"speaker":"Trace Mayer","startTime":1870.38,"endTime":1873.8,"body":"of impervious it becomes to the"},{"speaker":"Trace Mayer","startTime":1870.38,"endTime":1873.8,"body":"intentions of the people who are"},{"speaker":"Trace Mayer","startTime":1873.8,"endTime":1879.86,"body":"actually holding it, whether for"},{"speaker":"Trace Mayer","startTime":1873.8,"endTime":1879.86,"body":"good or bad, you know. So you"},{"speaker":"Trace Mayer","startTime":1879.86,"endTime":1883.3,"body":"know, as we're seeing more of"},{"speaker":"Trace Mayer","startTime":1879.86,"endTime":1883.3,"body":"this nation state adoption, I"},{"speaker":"Trace Mayer","startTime":1883.3,"endTime":1887.92,"body":"think that just shows more of"},{"speaker":"Trace Mayer","startTime":1883.3,"endTime":1887.92,"body":"the maturity of Bitcoin, the"},{"speaker":"Trace Mayer","startTime":1887.92,"endTime":1891.76,"body":"more of it stepping into its"},{"speaker":"Trace Mayer","startTime":1887.92,"endTime":1891.76,"body":"destiny with this seventh"},{"speaker":"Trace Mayer","startTime":1891.76,"endTime":1895.36,"body":"network effect of world reserve"},{"speaker":"Trace Mayer","startTime":1891.76,"endTime":1895.36,"body":"settlement, currency status, you"},{"speaker":"Trace Mayer","startTime":1895.36,"endTime":1900.22,"body":"know, and then it's becoming a"},{"speaker":"Trace Mayer","startTime":1895.36,"endTime":1900.22,"body":"neutral instrument to whoever's"},{"speaker":"Trace Mayer","startTime":1900.22,"endTime":1902.16,"body":"using it for whatever purpose."},{"speaker":"Trace Mayer","startTime":1900.22,"endTime":1902.16,"body":"So you"},{"speaker":"Mike Peterson","startTime":1902.16,"endTime":1903.9,"body":"don't, you don't"},{"speaker":"Mike Peterson","startTime":1902.16,"endTime":1903.9,"body":"see it as good or bad, but just"},{"speaker":"Mike Peterson","startTime":1903.9,"endTime":1906.18,"body":"something is inevitable, that"},{"speaker":"Mike Peterson","startTime":1903.9,"endTime":1906.18,"body":"it's going to move in that"},{"speaker":"Mike Peterson","startTime":1906.18,"endTime":1907.2,"body":"direction, something that's"},{"speaker":"Trace Mayer","startTime":1907.2,"endTime":1910.62,"body":"neutral. Yeah, gold"},{"speaker":"Trace Mayer","startTime":1907.2,"endTime":1910.62,"body":"is neutral, like everything is"},{"speaker":"Trace Mayer","startTime":1910.62,"endTime":1915.66,"body":"nothing, until you make it"},{"speaker":"Trace Mayer","startTime":1910.62,"endTime":1915.66,"body":"something. And so, you know, oh,"},{"speaker":"Trace Mayer","startTime":1915.66,"endTime":1919.38,"body":"now we're going to say this is a"},{"speaker":"Trace Mayer","startTime":1915.66,"endTime":1919.38,"body":"conflict gold, or this is a"},{"speaker":"Trace Mayer","startTime":1919.38,"endTime":1922.46,"body":"conflict diamond, you know. So"},{"speaker":"Trace Mayer","startTime":1919.38,"endTime":1922.46,"body":"we're gonna make something and"},{"speaker":"Trace Mayer","startTime":1922.46,"endTime":1924.74,"body":"then attach it to the thing,"},{"speaker":"Trace Mayer","startTime":1922.46,"endTime":1924.74,"body":"and, like, try to attach this"},{"speaker":"Trace Mayer","startTime":1924.74,"endTime":1928.04,"body":"story to the thing that's that"},{"speaker":"Trace Mayer","startTime":1924.74,"endTime":1928.04,"body":"story has nothing to do with"},{"speaker":"Trace Mayer","startTime":1928.04,"endTime":1930.86,"body":"that thing. You know, we created"},{"speaker":"Trace Mayer","startTime":1928.04,"endTime":1930.86,"body":"the story and then attached it."},{"speaker":"Trace Mayer","startTime":1930.92,"endTime":1935.3,"body":"And so, you know that that's how"},{"speaker":"Trace Mayer","startTime":1930.92,"endTime":1935.3,"body":"I see a lot of this with"},{"speaker":"Trace Mayer","startTime":1935.3,"endTime":1939.68,"body":"Bitcoin, is like, why are we"},{"speaker":"Trace Mayer","startTime":1935.3,"endTime":1939.68,"body":"trying to attach like, a story"},{"speaker":"Trace Mayer","startTime":1939.68,"endTime":1942.16,"body":"to the thing that doesn't have"},{"speaker":"Trace Mayer","startTime":1939.68,"endTime":1942.16,"body":"anything to do with the thing."},{"speaker":"Trace Mayer","startTime":1942.94,"endTime":1947.44,"body":"And now, if nation states want"},{"speaker":"Trace Mayer","startTime":1942.94,"endTime":1947.44,"body":"to move in and start acquiring"},{"speaker":"Trace Mayer","startTime":1947.68,"endTime":1950.92,"body":"Satoshis, you know, because"},{"speaker":"Trace Mayer","startTime":1947.68,"endTime":1950.92,"body":"they're digitally scarce, and"},{"speaker":"Trace Mayer","startTime":1951.04,"endTime":1955.78,"body":"it's becoming the selling point,"},{"speaker":"Trace Mayer","startTime":1951.04,"endTime":1955.78,"body":"you know, I, I think there's a"},{"speaker":"Trace Mayer","startTime":1955.78,"endTime":1958.18,"body":"place for that, and that's what"},{"speaker":"Trace Mayer","startTime":1955.78,"endTime":1958.18,"body":"I talked with Max Keiser like,"},{"speaker":"Trace Mayer","startTime":1958.18,"endTime":1961.32,"body":"you know, in 2014, about 11"},{"speaker":"Trace Mayer","startTime":1958.18,"endTime":1961.32,"body":"years, about was this like"},{"speaker":"Trace Mayer","startTime":1961.32,"endTime":1965.22,"body":"geopolitical and geo strategic"},{"speaker":"Trace Mayer","startTime":1961.32,"endTime":1965.22,"body":"ramifications Now, does that"},{"speaker":"Trace Mayer","startTime":1965.22,"endTime":1969.72,"body":"align with someone's personal"},{"speaker":"Trace Mayer","startTime":1965.22,"endTime":1969.72,"body":"feelings or sentiments? It may,"},{"speaker":"Trace Mayer","startTime":1969.72,"endTime":1974.22,"body":"it may not like, does it matter?"},{"speaker":"Trace Mayer","startTime":1969.72,"endTime":1974.22,"body":"Not really like, hopefully,"},{"speaker":"Trace Mayer","startTime":1974.28,"endTime":1977.52,"body":"right? Because then gold and"},{"speaker":"Trace Mayer","startTime":1974.28,"endTime":1977.52,"body":"Bitcoin are bigger than just"},{"speaker":"Trace Mayer","startTime":1977.52,"endTime":1982.94,"body":"like, one small segment of"},{"speaker":"Trace Mayer","startTime":1977.52,"endTime":1982.94,"body":"humanity that may think and feel"},{"speaker":"Trace Mayer","startTime":1982.94,"endTime":1986.3,"body":"a particular way. Well, that"},{"speaker":"Trace Mayer","startTime":1982.94,"endTime":1986.3,"body":"makes it part of becoming more"},{"speaker":"Trace Mayer","startTime":1986.3,"endTime":1990.44,"body":"decentral just becoming more"},{"speaker":"Trace Mayer","startTime":1986.3,"endTime":1990.44,"body":"mature. It's just what it is."},{"speaker":"Mike Peterson","startTime":1992.36,"endTime":1995.24,"body":"So back to El"},{"speaker":"Mike Peterson","startTime":1992.36,"endTime":1995.24,"body":"Salvador, have you? Have you"},{"speaker":"Mike Peterson","startTime":1995.24,"endTime":1996.8,"body":"used Bitcoin here? No,"},{"speaker":"Trace Mayer","startTime":1996.8,"endTime":2000.96,"body":"I haven't used any"},{"speaker":"Trace Mayer","startTime":1996.8,"endTime":2000.96,"body":"bitcoin here. Come on now. Well,"},{"speaker":"Trace Mayer","startTime":2001.14,"endTime":2004.98,"body":"unfortunately, I'm American"},{"speaker":"Trace Mayer","startTime":2001.14,"endTime":2004.98,"body":"citizen, and there are a lot of"},{"speaker":"Trace Mayer","startTime":2005.58,"endTime":2010.8,"body":"tax ramifications with Bitcoin,"},{"speaker":"Trace Mayer","startTime":2005.58,"endTime":2010.8,"body":"and so it does not get nearly"},{"speaker":"Trace Mayer","startTime":2010.8,"endTime":2015.12,"body":"the day to day currency usage"},{"speaker":"Trace Mayer","startTime":2010.8,"endTime":2015.12,"body":"from me as it probably should."},{"speaker":"Mike Peterson","startTime":2015.18,"endTime":2018.66,"body":"Yeah, fair"},{"speaker":"Mike Peterson","startTime":2015.18,"endTime":2018.66,"body":"enough. I know for for us, US"},{"speaker":"Mike Peterson","startTime":2018.66,"endTime":2019.86,"body":"citizens, there is that"},{"speaker":"Unknown","startTime":2020.1,"endTime":2021.8,"body":"it's a terrible price"},{"speaker":"Unknown","startTime":2020.1,"endTime":2021.8,"body":"we pay."},{"speaker":"Mike Peterson","startTime":2024.68,"endTime":2027.26,"body":"But, yeah, I"},{"speaker":"Mike Peterson","startTime":2024.68,"endTime":2027.26,"body":"never would, I never would have"},{"speaker":"Mike Peterson","startTime":2027.26,"endTime":2029.54,"body":"thought that we'd have the day"},{"speaker":"Mike Peterson","startTime":2027.26,"endTime":2029.54,"body":"where, you know, people are"},{"speaker":"Mike Peterson","startTime":2029.54,"endTime":2032.24,"body":"trying to get away from that"},{"speaker":"Mike Peterson","startTime":2029.54,"endTime":2032.24,"body":"passport, but you see more and"},{"speaker":"Mike Peterson","startTime":2032.24,"endTime":2033.74,"body":"more Bitcoiners that. Well,"},{"speaker":"Trace Mayer","startTime":2033.74,"endTime":2035.84,"body":"I don't know that"},{"speaker":"Trace Mayer","startTime":2033.74,"endTime":2035.84,"body":"it's a good idea to get away"},{"speaker":"Trace Mayer","startTime":2035.84,"endTime":2038.84,"body":"from the passport. The passport"},{"speaker":"Trace Mayer","startTime":2035.84,"endTime":2038.84,"body":"comes with its privileges. Yeah,"},{"speaker":"Trace Mayer","startTime":2038.84,"endTime":2042.46,"body":"yeah. And, you know, I you know,"},{"speaker":"Trace Mayer","startTime":2038.84,"endTime":2042.46,"body":"but the worldwide"},{"speaker":"Mike Peterson","startTime":2042.46,"endTime":2046.12,"body":"taxation thing is"},{"speaker":"Mike Peterson","startTime":2042.46,"endTime":2046.12,"body":"something that's, yeah, yeah."},{"speaker":"Trace Mayer","startTime":2046.12,"endTime":2049.18,"body":"I mean, it's, it's,"},{"speaker":"Trace Mayer","startTime":2046.12,"endTime":2049.18,"body":"and everybody's got to do their"},{"speaker":"Trace Mayer","startTime":2049.18,"endTime":2052.78,"body":"own individual calculus on"},{"speaker":"Trace Mayer","startTime":2049.18,"endTime":2052.78,"body":"whether you want to, like, keep"},{"speaker":"Trace Mayer","startTime":2052.78,"endTime":2055.24,"body":"the passport or not keep the"},{"speaker":"Trace Mayer","startTime":2052.78,"endTime":2055.24,"body":"passport. And I understand the"},{"speaker":"Trace Mayer","startTime":2055.24,"endTime":2060.78,"body":"sentiment if somebody wants to"},{"speaker":"Trace Mayer","startTime":2055.24,"endTime":2060.78,"body":"turn in the passport, but, I"},{"speaker":"Trace Mayer","startTime":2060.78,"endTime":2063.84,"body":"mean, I'm 10th generation"},{"speaker":"Trace Mayer","startTime":2060.78,"endTime":2063.84,"body":"American. My 10th great"},{"speaker":"Trace Mayer","startTime":2063.84,"endTime":2066.24,"body":"grandfather was William"},{"speaker":"Trace Mayer","startTime":2063.84,"endTime":2066.24,"body":"Bradford, who came over on the"},{"speaker":"Trace Mayer","startTime":2066.24,"endTime":2070.38,"body":"Mayflower. And, I mean, I, my"},{"speaker":"Trace Mayer","startTime":2066.24,"endTime":2070.38,"body":"fifth great grandfather was in"},{"speaker":"Trace Mayer","startTime":2070.38,"endTime":2074.4,"body":"Washington's army, you know. So"},{"speaker":"Trace Mayer","startTime":2070.38,"endTime":2074.4,"body":"there's a legacy, yeah, that I"},{"speaker":"Trace Mayer","startTime":2074.4,"endTime":2079.02,"body":"have with, you know, these"},{"speaker":"Trace Mayer","startTime":2074.4,"endTime":2079.02,"body":"individual rights and, and we're"},{"speaker":"Trace Mayer","startTime":2079.02,"endTime":2082.1,"body":"also at a stage in humanity"},{"speaker":"Trace Mayer","startTime":2079.02,"endTime":2082.1,"body":"where, like, you have to lift,"},{"speaker":"Trace Mayer","startTime":2082.1,"endTime":2084.74,"body":"where you stand, like, if you're"},{"speaker":"Trace Mayer","startTime":2082.1,"endTime":2084.74,"body":"if you're El Salvadorian, it's"},{"speaker":"Trace Mayer","startTime":2084.74,"endTime":2087.14,"body":"good for you to be in El"},{"speaker":"Trace Mayer","startTime":2084.74,"endTime":2087.14,"body":"Salvador and lift El Salvador."},{"speaker":"Trace Mayer","startTime":2087.14,"endTime":2089.48,"body":"If you're Brazilian, do the same"},{"speaker":"Trace Mayer","startTime":2087.14,"endTime":2089.48,"body":"thing. If you're American, do"},{"speaker":"Trace Mayer","startTime":2089.48,"endTime":2093.92,"body":"the same thing. I think we're,"},{"speaker":"Trace Mayer","startTime":2089.48,"endTime":2093.92,"body":"we're this being able to just"},{"speaker":"Trace Mayer","startTime":2093.92,"endTime":2099.62,"body":"run away to, like the new land."},{"speaker":"Trace Mayer","startTime":2093.92,"endTime":2099.62,"body":"I think that that's largely kind"},{"speaker":"Trace Mayer","startTime":2099.62,"endTime":2103.6,"body":"of. Uh, becoming a thing of the"},{"speaker":"Trace Mayer","startTime":2099.62,"endTime":2103.6,"body":"past, you know, because the"},{"speaker":"Trace Mayer","startTime":2103.6,"endTime":2106.36,"body":"world has become so much smaller"},{"speaker":"Trace Mayer","startTime":2103.6,"endTime":2106.36,"body":"and more constrained, and"},{"speaker":"Trace Mayer","startTime":2107.62,"endTime":2110.74,"body":"through treaties and legal"},{"speaker":"Trace Mayer","startTime":2107.62,"endTime":2110.74,"body":"agreements and the passports and"},{"speaker":"Trace Mayer","startTime":2110.74,"endTime":2114.22,"body":"everything, and so you really"},{"speaker":"Trace Mayer","startTime":2110.74,"endTime":2114.22,"body":"have to figure out for yourself,"},{"speaker":"Trace Mayer","startTime":2114.22,"endTime":2118.66,"body":"like, do I want to be an"},{"speaker":"Trace Mayer","startTime":2114.22,"endTime":2118.66,"body":"American with a passport? And"},{"speaker":"Trace Mayer","startTime":2118.66,"endTime":2122.7,"body":"that means, like, okay, you"},{"speaker":"Trace Mayer","startTime":2118.66,"endTime":2122.7,"body":"know, like, it didn't look very"},{"speaker":"Trace Mayer","startTime":2122.7,"endTime":2126.06,"body":"good with Obama, right? And it"},{"speaker":"Trace Mayer","startTime":2122.7,"endTime":2126.06,"body":"didn't look very good with Biden"},{"speaker":"Trace Mayer","startTime":2126.48,"endTime":2130.56,"body":"and, you know, but Mr. Trump's"},{"speaker":"Trace Mayer","startTime":2126.48,"endTime":2130.56,"body":"come in and he's trying to do"},{"speaker":"Trace Mayer","startTime":2130.56,"endTime":2134.94,"body":"the thing, and, you know, go to"},{"speaker":"Trace Mayer","startTime":2130.56,"endTime":2134.94,"body":"go to war, you know, against the"},{"speaker":"Trace Mayer","startTime":2134.94,"endTime":2138.0,"body":"deep state and all this stuff."},{"speaker":"Trace Mayer","startTime":2134.94,"endTime":2138.0,"body":"And, like, have a refresh of"},{"speaker":"Trace Mayer","startTime":2138.0,"endTime":2140.96,"body":"America, like a new golden age,"},{"speaker":"Trace Mayer","startTime":2138.0,"endTime":2140.96,"body":"you know. But if you turned in"},{"speaker":"Trace Mayer","startTime":2140.96,"endTime":2145.28,"body":"your passport, okay, you took"},{"speaker":"Trace Mayer","startTime":2140.96,"endTime":2145.28,"body":"your jersey off, yeah, yeah,"},{"speaker":"Trace Mayer","startTime":2145.28,"endTime":2148.34,"body":"took your jersey off. And so if"},{"speaker":"Trace Mayer","startTime":2145.28,"endTime":2148.34,"body":"you took your jersey off, like"},{"speaker":"Trace Mayer","startTime":2148.46,"endTime":2153.62,"body":"you're not American anymore, you"},{"speaker":"Trace Mayer","startTime":2148.46,"endTime":2153.62,"body":"know, so you want to pardon for"},{"speaker":"Trace Mayer","startTime":2153.62,"endTime":2158.6,"body":"something like not paying your"},{"speaker":"Trace Mayer","startTime":2153.62,"endTime":2158.6,"body":"taxes, right? Like you took your"},{"speaker":"Trace Mayer","startTime":2158.6,"endTime":2162.88,"body":"jersey off, that's, you know,"},{"speaker":"Trace Mayer","startTime":2158.6,"endTime":2162.88,"body":"you you weren't part of the"},{"speaker":"Trace Mayer","startTime":2162.88,"endTime":2167.02,"body":"team. And I think that's what"},{"speaker":"Trace Mayer","startTime":2162.88,"endTime":2167.02,"body":"Elon Musk was saying, is, like,"},{"speaker":"Trace Mayer","startTime":2167.02,"endTime":2170.56,"body":"you know, being part of the team"},{"speaker":"Trace Mayer","startTime":2167.02,"endTime":2170.56,"body":"comes with its privileges, and"},{"speaker":"Trace Mayer","startTime":2170.56,"endTime":2173.5,"body":"so, you know, I think it's, it's"},{"speaker":"Trace Mayer","startTime":2170.56,"endTime":2173.5,"body":"an important thing to figure"},{"speaker":"Trace Mayer","startTime":2173.5,"endTime":2178.54,"body":"out, like, you know, like, what?"},{"speaker":"Trace Mayer","startTime":2173.5,"endTime":2178.54,"body":"How does somebody want to"},{"speaker":"Trace Mayer","startTime":2178.54,"endTime":2181.5,"body":"structure their life and"},{"speaker":"Trace Mayer","startTime":2178.54,"endTime":2181.5,"body":"everything? But when you give up"},{"speaker":"Trace Mayer","startTime":2181.5,"endTime":2184.92,"body":"that passport and you were born"},{"speaker":"Trace Mayer","startTime":2181.5,"endTime":2184.92,"body":"with that type of heritage and"},{"speaker":"Trace Mayer","startTime":2184.92,"endTime":2188.7,"body":"that legacy, and you decided not"},{"speaker":"Trace Mayer","startTime":2184.92,"endTime":2188.7,"body":"to do anything about preserving"},{"speaker":"Trace Mayer","startTime":2188.7,"endTime":2194.34,"body":"it like you didn't get in the"},{"speaker":"Trace Mayer","startTime":2188.7,"endTime":2194.34,"body":"fight, it's kind of cowardly,"},{"speaker":"Trace Mayer","startTime":2194.58,"endTime":2198.66,"body":"yeah, right, and so, you know,"},{"speaker":"Trace Mayer","startTime":2194.58,"endTime":2198.66,"body":"and that's one thing I think"},{"speaker":"Trace Mayer","startTime":2198.66,"endTime":2203.48,"body":"President Trump, I think"},{"speaker":"Trace Mayer","startTime":2198.66,"endTime":2203.48,"body":"everybody can kind of agree,"},{"speaker":"Trace Mayer","startTime":2203.48,"endTime":2206.78,"body":"like, President Trump's not a"},{"speaker":"Trace Mayer","startTime":2203.48,"endTime":2206.78,"body":"coward. Fight, fight, fight,"},{"speaker":"Trace Mayer","startTime":2206.78,"endTime":2209.66,"body":"right. Get shot in the air. You"},{"speaker":"Trace Mayer","startTime":2206.78,"endTime":2209.66,"body":"get back up there. I was"},{"speaker":"Trace Mayer","startTime":2209.66,"endTime":2213.92,"body":"surreal. That was surreal, yeah,"},{"speaker":"Trace Mayer","startTime":2209.66,"endTime":2213.92,"body":"like, so, so he's not a coward."},{"speaker":"Trace Mayer","startTime":2214.16,"endTime":2214.64,"body":"So,"},{"speaker":"Mike Peterson","startTime":2214.64,"endTime":2216.86,"body":"I mean, how many"},{"speaker":"Mike Peterson","startTime":2214.64,"endTime":2216.86,"body":"people would do that? Like, I've"},{"speaker":"Mike Peterson","startTime":2216.86,"endTime":2220.1,"body":"been shot, and that, that is"},{"speaker":"Mike Peterson","startTime":2216.86,"endTime":2220.1,"body":"their reaction is to,"},{"speaker":"Trace Mayer","startTime":2220.64,"endTime":2224.14,"body":"I mean, it's really"},{"speaker":"Trace Mayer","startTime":2220.64,"endTime":2224.14,"body":"kind of like, wow, but, but"},{"speaker":"Trace Mayer","startTime":2224.14,"endTime":2229.78,"body":"that's, that's American."},{"speaker":"Trace Mayer","startTime":2224.14,"endTime":2229.78,"body":"Everybody loves a winner, like"},{"speaker":"Trace Mayer","startTime":2229.78,"endTime":2233.74,"body":"the fastest guy on the track"},{"speaker":"Trace Mayer","startTime":2229.78,"endTime":2233.74,"body":"field, like the, you know,"},{"speaker":"Trace Mayer","startTime":2233.86,"endTime":2237.64,"body":"that's, that's to be American,"},{"speaker":"Trace Mayer","startTime":2233.86,"endTime":2237.64,"body":"yes, to be the winner, right?"},{"speaker":"Trace Mayer","startTime":2237.64,"endTime":2241.38,"body":"That's so American, and not to"},{"speaker":"Trace Mayer","startTime":2237.64,"endTime":2241.38,"body":"be the coward, you know that."},{"speaker":"Trace Mayer","startTime":2241.44,"endTime":2244.38,"body":"So, so when you're looking at,"},{"speaker":"Trace Mayer","startTime":2241.44,"endTime":2244.38,"body":"you know, World War Two, or"},{"speaker":"Trace Mayer","startTime":2244.38,"endTime":2247.56,"body":"you're looking at the"},{"speaker":"Trace Mayer","startTime":2244.38,"endTime":2247.56,"body":"Constitutional Revolution like"},{"speaker":"Trace Mayer","startTime":2247.8,"endTime":2253.5,"body":"holy cow Valley Forge like Man,"},{"speaker":"Trace Mayer","startTime":2247.8,"endTime":2253.5,"body":"they were under desperate"},{"speaker":"Trace Mayer","startTime":2253.5,"endTime":2256.98,"body":"circumstances, right?"},{"speaker":"Trace Mayer","startTime":2253.5,"endTime":2256.98,"body":"Washington's army. I mean, it"},{"speaker":"Trace Mayer","startTime":2256.98,"endTime":2263.66,"body":"was, it was perilous Lincoln,"},{"speaker":"Trace Mayer","startTime":2256.98,"endTime":2263.66,"body":"you know, the so, you know,"},{"speaker":"Trace Mayer","startTime":2263.66,"endTime":2268.94,"body":"it's, it's very much courage,"},{"speaker":"Trace Mayer","startTime":2263.66,"endTime":2268.94,"body":"like Courage is, is fundamental"},{"speaker":"Trace Mayer","startTime":2268.94,"endTime":2271.76,"body":"to this kind of American DNA,"},{"speaker":"Trace Mayer","startTime":2268.94,"endTime":2271.76,"body":"and that's one thing that's"},{"speaker":"Trace Mayer","startTime":2271.76,"endTime":2274.82,"body":"great about President bukele,"},{"speaker":"Trace Mayer","startTime":2271.76,"endTime":2274.82,"body":"like who their right mind would"},{"speaker":"Trace Mayer","startTime":2275.18,"endTime":2279.68,"body":"decide to go try and lock up all"},{"speaker":"Trace Mayer","startTime":2275.18,"endTime":2279.68,"body":"these terrible drug cartels. Oh,"},{"speaker":"Trace Mayer","startTime":2279.68,"endTime":2281.98,"body":"it's just impossible. Oh,"},{"speaker":"Trace Mayer","startTime":2279.68,"endTime":2281.98,"body":"there's just nothing we can do"},{"speaker":"Trace Mayer","startTime":2281.98,"endTime":2285.58,"body":"about it. He goes and does it,"},{"speaker":"Trace Mayer","startTime":2281.98,"endTime":2285.58,"body":"because that's what Americans"},{"speaker":"Trace Mayer","startTime":2285.58,"endTime":2288.52,"body":"do. Yeah, I don't know if you've"},{"speaker":"Trace Mayer","startTime":2285.58,"endTime":2288.52,"body":"ever read the art of the deal by"},{"speaker":"Trace Mayer","startTime":2288.52,"endTime":2292.78,"body":"Trump, but in there, there's"},{"speaker":"Trace Mayer","startTime":2288.52,"endTime":2292.78,"body":"this part where he was doing an"},{"speaker":"Trace Mayer","startTime":2292.78,"endTime":2296.32,"body":"interview after he had built the"},{"speaker":"Trace Mayer","startTime":2292.78,"endTime":2296.32,"body":"skating rink, and he didn't get"},{"speaker":"Trace Mayer","startTime":2296.32,"endTime":2298.96,"body":"to operate at the skating rink."},{"speaker":"Trace Mayer","startTime":2296.32,"endTime":2298.96,"body":"He didn't get to make any profit"},{"speaker":"Trace Mayer","startTime":2298.96,"endTime":2301.8,"body":"on the skating rink. He just got"},{"speaker":"Trace Mayer","startTime":2298.96,"endTime":2301.8,"body":"to build it. He didn't even get"},{"speaker":"Trace Mayer","startTime":2301.8,"endTime":2304.56,"body":"to really make any money doing"},{"speaker":"Trace Mayer","startTime":2301.8,"endTime":2304.56,"body":"it at all. And the journalist"},{"speaker":"Trace Mayer","startTime":2304.56,"endTime":2307.92,"body":"asked him about this and and"},{"speaker":"Trace Mayer","startTime":2304.56,"endTime":2307.92,"body":"like, so why'd you build the"},{"speaker":"Trace Mayer","startTime":2307.92,"endTime":2311.76,"body":"skating rink? He said, Well, my"},{"speaker":"Trace Mayer","startTime":2307.92,"endTime":2311.76,"body":"daughter wanted to go ice"},{"speaker":"Trace Mayer","startTime":2311.76,"endTime":2315.0,"body":"skating, and there wasn't a"},{"speaker":"Trace Mayer","startTime":2311.76,"endTime":2315.0,"body":"skating rink, so I built it."},{"speaker":"Trace Mayer","startTime":2316.2,"endTime":2319.32,"body":"That's the American spirit right"},{"speaker":"Trace Mayer","startTime":2316.2,"endTime":2319.32,"body":"there. Yeah. You know, if"},{"speaker":"Trace Mayer","startTime":2319.32,"endTime":2321.68,"body":"there's something you don't"},{"speaker":"Trace Mayer","startTime":2319.32,"endTime":2321.68,"body":"like, yeah, go and change it,"},{"speaker":"Trace Mayer","startTime":2323.3,"endTime":2327.38,"body":"right? Like, I mean, that's"},{"speaker":"Trace Mayer","startTime":2323.3,"endTime":2327.38,"body":"American and and you have to"},{"speaker":"Trace Mayer","startTime":2327.38,"endTime":2328.46,"body":"have courage to do that."},{"speaker":"Mike Peterson","startTime":2330.56,"endTime":2332.9,"body":"No, that makes a"},{"speaker":"Mike Peterson","startTime":2330.56,"endTime":2332.9,"body":"lot of sense. Makes a lot of"},{"speaker":"Mike Peterson","startTime":2332.9,"endTime":2338.96,"body":"sense. Now even I'm just"},{"speaker":"Mike Peterson","startTime":2332.9,"endTime":2338.96,"body":"thinking back to kind of living"},{"speaker":"Mike Peterson","startTime":2338.96,"endTime":2341.08,"body":"through the period here with"},{"speaker":"Mike Peterson","startTime":2338.96,"endTime":2341.08,"body":"where the gangs really"},{"speaker":"Mike Peterson","startTime":2341.08,"endTime":2343.96,"body":"controlled everything, and I"},{"speaker":"Mike Peterson","startTime":2341.08,"endTime":2343.96,"body":"would get so frustrated, because"},{"speaker":"Mike Peterson","startTime":2344.14,"endTime":2351.22,"body":"as American, that is your like,"},{"speaker":"Mike Peterson","startTime":2344.14,"endTime":2351.22,"body":"let's fight back and and to see"},{"speaker":"Mike Peterson","startTime":2351.22,"endTime":2355.96,"body":"the kind of overwhelming kind of"},{"speaker":"Mike Peterson","startTime":2351.22,"endTime":2355.96,"body":"control that they had. And as an"},{"speaker":"Mike Peterson","startTime":2355.96,"endTime":2358.9,"body":"American, I couldn't understand"},{"speaker":"Mike Peterson","startTime":2355.96,"endTime":2358.9,"body":"that. I remember sitting I was"},{"speaker":"Mike Peterson","startTime":2358.9,"endTime":2362.16,"body":"so like, the injustice of it,"},{"speaker":"Mike Peterson","startTime":2358.9,"endTime":2362.16,"body":"like, riled me up so much that I"},{"speaker":"Mike Peterson","startTime":2362.16,"endTime":2365.88,"body":"was like, went out on the street"},{"speaker":"Mike Peterson","startTime":2362.16,"endTime":2365.88,"body":"with my machete. Was just like,"},{"speaker":"Mike Peterson","startTime":2366.0,"endTime":2369.9,"body":"sitting there, my wife's like,"},{"speaker":"Mike Peterson","startTime":2366.0,"endTime":2369.9,"body":"What in the world are you doing?"},{"speaker":"Mike Peterson","startTime":2370.08,"endTime":2373.56,"body":"She's like, I can't let them"},{"speaker":"Mike Peterson","startTime":2370.08,"endTime":2373.56,"body":"think that I'm afraid. Like, and"},{"speaker":"Mike Peterson","startTime":2373.56,"endTime":2375.72,"body":"she's like, have any ever heard"},{"speaker":"Mike Peterson","startTime":2373.56,"endTime":2375.72,"body":"don't take a knife to a"},{"speaker":"Mike Peterson","startTime":2375.72,"endTime":2380.66,"body":"gunfight? I was like, yeah. But"},{"speaker":"Mike Peterson","startTime":2375.72,"endTime":2380.66,"body":"I I feel like I somebody has to"},{"speaker":"Mike Peterson","startTime":2380.66,"endTime":2384.08,"body":"show that, that we're not living"},{"speaker":"Mike Peterson","startTime":2380.66,"endTime":2384.08,"body":"in fear and and I think that is"},{"speaker":"Mike Peterson","startTime":2384.08,"endTime":2387.86,"body":"something that that comes"},{"speaker":"Mike Peterson","startTime":2384.08,"endTime":2387.86,"body":"innately, like in the the"},{"speaker":"Mike Peterson","startTime":2387.86,"endTime":2390.56,"body":"American DNA. And I think, and"},{"speaker":"Mike Peterson","startTime":2387.86,"endTime":2390.56,"body":"I, and I think we're seeing that"},{"speaker":"Mike Peterson","startTime":2390.56,"endTime":2393.38,"body":"in El Salvador here, that they"},{"speaker":"Mike Peterson","startTime":2390.56,"endTime":2393.38,"body":"are, are having now that"},{"speaker":"Mike Peterson","startTime":2393.56,"endTime":2396.92,"body":"internal fight and realizing"},{"speaker":"Mike Peterson","startTime":2393.56,"endTime":2396.92,"body":"they don't have to be captive to"},{"speaker":"Mike Peterson","startTime":2396.92,"endTime":2399.26,"body":"and let people control their"},{"speaker":"Mike Peterson","startTime":2396.92,"endTime":2399.26,"body":"lives like that. So"},{"speaker":"Trace Mayer","startTime":2399.26,"endTime":2402.34,"body":"yeah, and. Really"},{"speaker":"Trace Mayer","startTime":2399.26,"endTime":2402.34,"body":"the most important, the most"},{"speaker":"Trace Mayer","startTime":2402.34,"endTime":2406.36,"body":"important battles are in the"},{"speaker":"Trace Mayer","startTime":2402.34,"endTime":2406.36,"body":"battlefield of ideas, because"},{"speaker":"Trace Mayer","startTime":2406.36,"endTime":2409.42,"body":"only ideas can overcome other"},{"speaker":"Trace Mayer","startTime":2406.36,"endTime":2409.42,"body":"ideas. Yeah, power and force are"},{"speaker":"Trace Mayer","startTime":2409.42,"endTime":2413.32,"body":"impotent against the power of"},{"speaker":"Trace Mayer","startTime":2409.42,"endTime":2413.32,"body":"ideas. To quote, Muses and so,"},{"speaker":"Trace Mayer","startTime":2413.44,"endTime":2416.26,"body":"you know, this is where, like in"},{"speaker":"Trace Mayer","startTime":2413.44,"endTime":2416.26,"body":"this battlefield of the ideas,"},{"speaker":"Trace Mayer","startTime":2416.26,"endTime":2421.98,"body":"is where we can really have"},{"speaker":"Trace Mayer","startTime":2416.26,"endTime":2421.98,"body":"change and affect. You know,"},{"speaker":"Trace Mayer","startTime":2422.88,"endTime":2426.54,"body":"minds and hearts and so that,"},{"speaker":"Trace Mayer","startTime":2422.88,"endTime":2426.54,"body":"you know, that's exciting to see"},{"speaker":"Trace Mayer","startTime":2426.54,"endTime":2429.06,"body":"that happening here in El"},{"speaker":"Trace Mayer","startTime":2426.54,"endTime":2429.06,"body":"Salvador. You know, now, all of"},{"speaker":"Trace Mayer","startTime":2429.06,"endTime":2433.8,"body":"a sudden, bu Kelly's visage is"},{"speaker":"Trace Mayer","startTime":2429.06,"endTime":2433.8,"body":"getting painted on, you know,"},{"speaker":"Trace Mayer","startTime":2434.04,"endTime":2437.1,"body":"places in Central and South"},{"speaker":"Trace Mayer","startTime":2434.04,"endTime":2437.1,"body":"America. It's like a beacon of"},{"speaker":"Trace Mayer","startTime":2437.1,"endTime":2441.08,"body":"hope for the rest of the region."},{"speaker":"Trace Mayer","startTime":2437.1,"endTime":2441.08,"body":"I mean, this is phenomenal. You"},{"speaker":"Trace Mayer","startTime":2441.08,"endTime":2443.9,"body":"know, if we can have that"},{"speaker":"Trace Mayer","startTime":2441.08,"endTime":2443.9,"body":"instead of shady Che Guevara and"},{"speaker":"Trace Mayer","startTime":2443.9,"endTime":2447.56,"body":"communism and Marxist, yeah,"},{"speaker":"Trace Mayer","startTime":2443.9,"endTime":2447.56,"body":"like, all the better whenever"},{"speaker":"Mike Peterson","startTime":2447.56,"endTime":2449.36,"body":"I travel"},{"speaker":"Mike Peterson","startTime":2447.56,"endTime":2449.36,"body":"conferences, whatever, and"},{"speaker":"Mike Peterson","startTime":2449.36,"endTime":2452.12,"body":"you're in an Uber and and"},{"speaker":"Mike Peterson","startTime":2449.36,"endTime":2452.12,"body":"speaking Spanish to the person,"},{"speaker":"Mike Peterson","startTime":2452.12,"endTime":2455.48,"body":"they're like, I live in El"},{"speaker":"Mike Peterson","startTime":2452.12,"endTime":2455.48,"body":"Salvador. And they first thing,"},{"speaker":"Mike Peterson","startTime":2455.48,"endTime":2458.54,"body":"they're like, Oh, bukele, we"},{"speaker":"Mike Peterson","startTime":2455.48,"endTime":2458.54,"body":"need to bukele here. It's, it's,"},{"speaker":"Mike Peterson","startTime":2458.54,"endTime":2461.8,"body":"I mean, it's universal. I don't"},{"speaker":"Mike Peterson","startTime":2458.54,"endTime":2461.8,"body":"care if I'm In Miami or if I'm"},{"speaker":"Mike Peterson","startTime":2461.8,"endTime":2464.2,"body":"in Argentina, like, that's the"},{"speaker":"Mike Peterson","startTime":2461.8,"endTime":2464.2,"body":"reaction. Well,"},{"speaker":"Trace Mayer","startTime":2464.2,"endTime":2466.18,"body":"and we're in a"},{"speaker":"Trace Mayer","startTime":2464.2,"endTime":2466.18,"body":"fourth turning, aren't we? Yeah,"},{"speaker":"Trace Mayer","startTime":2466.18,"endTime":2471.58,"body":"you know. And it's a big one. We"},{"speaker":"Trace Mayer","startTime":2466.18,"endTime":2471.58,"body":"have a lot of seeds that got"},{"speaker":"Trace Mayer","startTime":2471.58,"endTime":2475.42,"body":"sown in the previous one, you"},{"speaker":"Trace Mayer","startTime":2471.58,"endTime":2475.42,"body":"know, back in in the mid 40s,"},{"speaker":"Trace Mayer","startTime":2475.66,"endTime":2482.58,"body":"and so WTO and like Ukraine,"},{"speaker":"Trace Mayer","startTime":2475.66,"endTime":2482.58,"body":"Russia, Taiwan, China, Israel,"},{"speaker":"Trace Mayer","startTime":2483.78,"endTime":2487.2,"body":"you know, we have a lot to deal"},{"speaker":"Trace Mayer","startTime":2483.78,"endTime":2487.2,"body":"with in the sport turning and"},{"speaker":"Trace Mayer","startTime":2487.2,"endTime":2489.48,"body":"it's going to take a lot of"},{"speaker":"Trace Mayer","startTime":2487.2,"endTime":2489.48,"body":"courage. And I think we're,"},{"speaker":"Trace Mayer","startTime":2489.72,"endTime":2492.3,"body":"we're going through a great game"},{"speaker":"Trace Mayer","startTime":2489.72,"endTime":2492.3,"body":"in history, whether we want to"},{"speaker":"Trace Mayer","startTime":2492.3,"endTime":2495.42,"body":"or not. And so what's, what's"},{"speaker":"Trace Mayer","startTime":2492.3,"endTime":2495.42,"body":"going to happen out of this, you"},{"speaker":"Trace Mayer","startTime":2495.42,"endTime":2499.02,"body":"know, and we look at the UK, and"},{"speaker":"Trace Mayer","startTime":2495.42,"endTime":2499.02,"body":"we look at Europe, and just, do"},{"speaker":"Trace Mayer","startTime":2499.02,"endTime":2502.94,"body":"they prize freedom? Do they"},{"speaker":"Trace Mayer","startTime":2499.02,"endTime":2502.94,"body":"prize freedom of speech and all"},{"speaker":"Trace Mayer","startTime":2502.94,"endTime":2510.38,"body":"these things? Not so much. And"},{"speaker":"Trace Mayer","startTime":2502.94,"endTime":2510.38,"body":"yet, we're seeing here in"},{"speaker":"Trace Mayer","startTime":2510.38,"endTime":2513.68,"body":"Central and South America, you"},{"speaker":"Trace Mayer","startTime":2510.38,"endTime":2513.68,"body":"know, this renaissance coming"},{"speaker":"Trace Mayer","startTime":2513.68,"endTime":2515.96,"body":"out of this little, tiny"},{"speaker":"Trace Mayer","startTime":2513.68,"endTime":2515.96,"body":"country, and then it's starting"},{"speaker":"Trace Mayer","startTime":2515.96,"endTime":2520.16,"body":"to spill over into other"},{"speaker":"Trace Mayer","startTime":2515.96,"endTime":2520.16,"body":"countries. And that's a that's a"},{"speaker":"Trace Mayer","startTime":2520.58,"endTime":2523.42,"body":"hopeful message, in my opinion."},{"speaker":"Trace Mayer","startTime":2520.58,"endTime":2523.42,"body":"So that's one of the reasons I'm"},{"speaker":"Trace Mayer","startTime":2523.42,"endTime":2525.7,"body":"curious with what's going on in"},{"speaker":"Trace Mayer","startTime":2523.42,"endTime":2525.7,"body":"El Salvador,"},{"speaker":"Mike Peterson","startTime":2527.14,"endTime":2528.94,"body":"kind of digging"},{"speaker":"Mike Peterson","startTime":2527.14,"endTime":2528.94,"body":"in a little bit on the fourth"},{"speaker":"Mike Peterson","startTime":2528.94,"endTime":2532.18,"body":"turn. I'm just curious as to,"},{"speaker":"Mike Peterson","startTime":2528.94,"endTime":2532.18,"body":"how long do you think we have"},{"speaker":"Mike Peterson","startTime":2532.18,"endTime":2533.38,"body":"for this to play out?"},{"speaker":"Trace Mayer","startTime":2534.76,"endTime":2537.7,"body":"Be another 10"},{"speaker":"Trace Mayer","startTime":2534.76,"endTime":2537.7,"body":"years? Another 10 years? Yeah,"},{"speaker":"Trace Mayer","startTime":2537.7,"endTime":2542.7,"body":"it'd be 2035 Yeah. Could be"},{"speaker":"Trace Mayer","startTime":2537.7,"endTime":2542.7,"body":"another 10 years. Hopefully it"},{"speaker":"Trace Mayer","startTime":2543.36,"endTime":2547.74,"body":"doesn't escalate. You know, when"},{"speaker":"Trace Mayer","startTime":2543.36,"endTime":2547.74,"body":"you look at kind of the timing"},{"speaker":"Trace Mayer","startTime":2547.74,"endTime":2551.64,"body":"of this one versus the last one,"},{"speaker":"Trace Mayer","startTime":2547.74,"endTime":2551.64,"body":"we've already had more kind of"},{"speaker":"Trace Mayer","startTime":2551.64,"endTime":2554.52,"body":"bloodshed than we did the"},{"speaker":"Trace Mayer","startTime":2551.64,"endTime":2554.52,"body":"previous fort turning. The"},{"speaker":"Trace Mayer","startTime":2554.7,"endTime":2557.94,"body":"previous fort turning was"},{"speaker":"Trace Mayer","startTime":2554.7,"endTime":2557.94,"body":"catastrophic. You know, hundreds"},{"speaker":"Trace Mayer","startTime":2557.94,"endTime":2562.22,"body":"of millions, if you count all"},{"speaker":"Trace Mayer","startTime":2557.94,"endTime":2562.22,"body":"the, you know, starvation and"},{"speaker":"Trace Mayer","startTime":2562.34,"endTime":2565.76,"body":"everything, in addition to just"},{"speaker":"Trace Mayer","startTime":2562.34,"endTime":2565.76,"body":"the wars. So, you know,"},{"speaker":"Trace Mayer","startTime":2565.76,"endTime":2569.72,"body":"hopefully we don't have have"},{"speaker":"Trace Mayer","startTime":2565.76,"endTime":2569.72,"body":"something too crazy, yeah, as a"},{"speaker":"Trace Mayer","startTime":2569.72,"endTime":2573.2,"body":"result of this fork turning. But"},{"speaker":"Trace Mayer","startTime":2569.72,"endTime":2573.2,"body":"we better strap in. It's getting"},{"speaker":"Trace Mayer","startTime":2573.2,"endTime":2573.74,"body":"crazy."},{"speaker":"Mike Peterson","startTime":2574.7,"endTime":2577.76,"body":"Yeah, I keep, I"},{"speaker":"Mike Peterson","startTime":2574.7,"endTime":2577.76,"body":"keep wondering if we're gonna"},{"speaker":"Mike Peterson","startTime":2577.76,"endTime":2580.84,"body":"make it through this one. You"},{"speaker":"Mike Peterson","startTime":2577.76,"endTime":2580.84,"body":"know, is Bitcoin, the tool that"},{"speaker":"Mike Peterson","startTime":2580.84,"endTime":2584.68,"body":"helps us to reset without the"},{"speaker":"Mike Peterson","startTime":2580.84,"endTime":2584.68,"body":"violence, or is that just part"},{"speaker":"Mike Peterson","startTime":2584.68,"endTime":2587.8,"body":"of the what you have to go"},{"speaker":"Mike Peterson","startTime":2584.68,"endTime":2587.8,"body":"through? So I"},{"speaker":"Trace Mayer","startTime":2587.8,"endTime":2590.68,"body":"don't know that we"},{"speaker":"Trace Mayer","startTime":2587.8,"endTime":2590.68,"body":"have to go through it, but"},{"speaker":"Trace Mayer","startTime":2591.4,"endTime":2596.14,"body":"humanity seems to take the hard"},{"speaker":"Trace Mayer","startTime":2591.4,"endTime":2596.14,"body":"road often, and which is"},{"speaker":"Trace Mayer","startTime":2596.14,"endTime":2601.8,"body":"unfortunate. Nevertheless,"},{"speaker":"Trace Mayer","startTime":2596.14,"endTime":2601.8,"body":"there's Trump is a quite a deal"},{"speaker":"Trace Mayer","startTime":2601.8,"endTime":2605.04,"body":"maker. You know, he's shaken"},{"speaker":"Trace Mayer","startTime":2601.8,"endTime":2605.04,"body":"stuff up a lot. The big"},{"speaker":"Trace Mayer","startTime":2605.04,"endTime":2608.52,"body":"confrontation, I think, is going"},{"speaker":"Trace Mayer","startTime":2605.04,"endTime":2608.52,"body":"to be US China. And so he's"},{"speaker":"Trace Mayer","startTime":2608.52,"endTime":2612.66,"body":"already bringing that one to to"},{"speaker":"Trace Mayer","startTime":2608.52,"endTime":2612.66,"body":"the fore with with these tariffs"},{"speaker":"Trace Mayer","startTime":2612.66,"endTime":2618.72,"body":"as we record, I think he slapped"},{"speaker":"Trace Mayer","startTime":2612.66,"endTime":2618.72,"body":"125% tariff on Chinese stuff. So"},{"speaker":"Mike Peterson","startTime":2619.8,"endTime":2622.4,"body":"which I don't"},{"speaker":"Mike Peterson","startTime":2619.8,"endTime":2622.4,"body":"understand how the Chinese think"},{"speaker":"Mike Peterson","startTime":2622.4,"endTime":2626.18,"body":"that they're gonna win that. I"},{"speaker":"Mike Peterson","startTime":2622.4,"endTime":2626.18,"body":"mean, we, we buy so little. I"},{"speaker":"Mike Peterson","startTime":2626.18,"endTime":2629.66,"body":"mean, they buy so little from us"},{"speaker":"Mike Peterson","startTime":2626.18,"endTime":2629.66,"body":"compared to what we buy that can"},{"speaker":"Mike Peterson","startTime":2629.66,"endTime":2631.1,"body":"be replaced to the place. So"},{"speaker":"Trace Mayer","startTime":2632.24,"endTime":2639.02,"body":"yeah, it, yeah,"},{"speaker":"Trace Mayer","startTime":2632.24,"endTime":2639.02,"body":"it's, I don't think it's ever"},{"speaker":"Trace Mayer","startTime":2639.32,"endTime":2642.58,"body":"quite a good sign when we're"},{"speaker":"Trace Mayer","startTime":2639.32,"endTime":2642.58,"body":"when we're seeing trade"},{"speaker":"Trace Mayer","startTime":2642.58,"endTime":2645.94,"body":"barriers, or even worse,"},{"speaker":"Trace Mayer","startTime":2642.58,"endTime":2645.94,"body":"currency controls and stuff like"},{"speaker":"Trace Mayer","startTime":2645.94,"endTime":2652.0,"body":"this start to go up travel"},{"speaker":"Trace Mayer","startTime":2645.94,"endTime":2652.0,"body":"restrictions in what we saw, you"},{"speaker":"Trace Mayer","startTime":2652.0,"endTime":2654.64,"body":"know, over the last five years"},{"speaker":"Trace Mayer","startTime":2652.0,"endTime":2654.64,"body":"with travel restrictions was"},{"speaker":"Trace Mayer","startTime":2654.88,"endTime":2659.74,"body":"completely atrocious to like a"},{"speaker":"Trace Mayer","startTime":2654.88,"endTime":2659.74,"body":"free and open society and the"},{"speaker":"Trace Mayer","startTime":2659.74,"endTime":2663.36,"body":"free movement of capital and"},{"speaker":"Trace Mayer","startTime":2659.74,"endTime":2663.36,"body":"labor around where it needs to"},{"speaker":"Trace Mayer","startTime":2663.36,"endTime":2668.82,"body":"go. But you know, if anything,"},{"speaker":"Trace Mayer","startTime":2663.36,"endTime":2668.82,"body":"we're we very well could see a"},{"speaker":"Trace Mayer","startTime":2668.82,"endTime":2671.82,"body":"new golden age for America. You"},{"speaker":"Trace Mayer","startTime":2668.82,"endTime":2671.82,"body":"know, if we've got the dollar,"},{"speaker":"Trace Mayer","startTime":2671.88,"endTime":2676.2,"body":"and then if America's got the"},{"speaker":"Trace Mayer","startTime":2671.88,"endTime":2676.2,"body":"physical gold, and then the"},{"speaker":"Trace Mayer","startTime":2676.2,"endTime":2679.26,"body":"Bitcoin, like, what's the fourth"},{"speaker":"Trace Mayer","startTime":2676.2,"endTime":2679.26,"body":"search result? Like, nobody"},{"speaker":"Trace Mayer","startTime":2679.26,"endTime":2683.48,"body":"knows, nobody cares. And so let"},{"speaker":"Trace Mayer","startTime":2679.26,"endTime":2683.48,"body":"the euro, yen, Yuan, all"},{"speaker":"Trace Mayer","startTime":2683.48,"endTime":2687.38,"body":"scramble and fight for fourth"},{"speaker":"Trace Mayer","startTime":2683.48,"endTime":2687.38,"body":"place. But you know, if America"},{"speaker":"Trace Mayer","startTime":2687.38,"endTime":2691.58,"body":"is dominant with those top"},{"speaker":"Trace Mayer","startTime":2687.38,"endTime":2691.58,"body":"three, then capital is going to"},{"speaker":"Trace Mayer","startTime":2691.58,"endTime":2695.78,"body":"just naturally accumulate and"},{"speaker":"Trace Mayer","startTime":2691.58,"endTime":2695.78,"body":"aggregate into the into that"},{"speaker":"Trace Mayer","startTime":2695.78,"endTime":2698.9,"body":"area, and with stable coins"},{"speaker":"Trace Mayer","startTime":2695.78,"endTime":2698.9,"body":"extending the reach of the"},{"speaker":"Trace Mayer","startTime":2698.9,"endTime":2703.84,"body":"dollar, you know. We could, we"},{"speaker":"Trace Mayer","startTime":2698.9,"endTime":2703.84,"body":"could we could see, we could see"},{"speaker":"Trace Mayer","startTime":2703.84,"endTime":2706.0,"body":"America have a new refresh."},{"speaker":"Mike Peterson","startTime":2707.32,"endTime":2708.82,"body":"So you don't"},{"speaker":"Mike Peterson","startTime":2707.32,"endTime":2708.82,"body":"think it's too positive way."},{"speaker":"Trace Mayer","startTime":2710.44,"endTime":2714.76,"body":"No, it very well"},{"speaker":"Trace Mayer","startTime":2710.44,"endTime":2714.76,"body":"could be the next, the next"},{"speaker":"Trace Mayer","startTime":2714.76,"endTime":2719.62,"body":"couple 100 years, of like"},{"speaker":"Trace Mayer","startTime":2714.76,"endTime":2719.62,"body":"American kind of dynasty. Yeah."},{"speaker":"Trace Mayer","startTime":2720.82,"endTime":2725.52,"body":"I mean, China's in demographic"},{"speaker":"Trace Mayer","startTime":2720.82,"endTime":2725.52,"body":"decline, like Europe can't seem"},{"speaker":"Trace Mayer","startTime":2725.52,"endTime":2730.92,"body":"to figure out how to make more"},{"speaker":"Trace Mayer","startTime":2725.52,"endTime":2730.92,"body":"kids and yet. I mean, you look"},{"speaker":"Trace Mayer","startTime":2730.92,"endTime":2736.5,"body":"at the GDP of Europe versus the"},{"speaker":"Trace Mayer","startTime":2730.92,"endTime":2736.5,"body":"US over the past 20 years, like,"},{"speaker":"Trace Mayer","startTime":2736.5,"endTime":2741.14,"body":"where's all the innovation and"},{"speaker":"Trace Mayer","startTime":2736.5,"endTime":2741.14,"body":"the creativity coming from? So,"},{"speaker":"Trace Mayer","startTime":2741.56,"endTime":2745.22,"body":"yeah, I mean and, and America is"},{"speaker":"Trace Mayer","startTime":2741.56,"endTime":2745.22,"body":"able to be so self sufficient,"},{"speaker":"Trace Mayer","startTime":2745.7,"endTime":2749.06,"body":"you know, it's huge, and its map"},{"speaker":"Trace Mayer","startTime":2745.7,"endTime":2749.06,"body":"is just amazing for it."},{"speaker":"Mike Peterson","startTime":2749.54,"endTime":2752.24,"body":"And so we have so"},{"speaker":"Mike Peterson","startTime":2749.54,"endTime":2752.24,"body":"many natural advantages too."},{"speaker":"Mike Peterson","startTime":2752.48,"endTime":2753.14,"body":"Yeah, all the"},{"speaker":"Trace Mayer","startTime":2753.14,"endTime":2756.14,"body":"natural advantages,"},{"speaker":"Trace Mayer","startTime":2753.14,"endTime":2756.14,"body":"like, It's America. Warren"},{"speaker":"Trace Mayer","startTime":2756.14,"endTime":2759.02,"body":"Buffett, never, never bet"},{"speaker":"Trace Mayer","startTime":2756.14,"endTime":2759.02,"body":"against America. Pretty good"},{"speaker":"Trace Mayer","startTime":2759.02,"endTime":2760.96,"body":"advice. Well,"},{"speaker":"Mike Peterson","startTime":2760.96,"endTime":2763.18,"body":"I could talk"},{"speaker":"Mike Peterson","startTime":2760.96,"endTime":2763.18,"body":"about this all night, but our"},{"speaker":"Mike Peterson","startTime":2763.18,"endTime":2766.36,"body":"air conditioners out in our"},{"speaker":"Mike Peterson","startTime":2763.18,"endTime":2766.36,"body":"studio here, and I'm sweltering,"},{"speaker":"Mike Peterson","startTime":2766.36,"endTime":2773.14,"body":"so we won't keep you too long,"},{"speaker":"Mike Peterson","startTime":2766.36,"endTime":2773.14,"body":"but I do want to hear what are"},{"speaker":"Mike Peterson","startTime":2773.14,"endTime":2775.96,"body":"you doing these days? You were"},{"speaker":"Mike Peterson","startTime":2773.14,"endTime":2775.96,"body":"like, all over on the scene,"},{"speaker":"Mike Peterson","startTime":2775.96,"endTime":2778.66,"body":"early days in the Bitcoin space,"},{"speaker":"Mike Peterson","startTime":2775.96,"endTime":2778.66,"body":"but you've been kind of quiet"},{"speaker":"Mike Peterson","startTime":2778.9,"endTime":2782.7,"body":"the last few years. So I'm just"},{"speaker":"Mike Peterson","startTime":2778.9,"endTime":2782.7,"body":"curious to let people know what,"},{"speaker":"Mike Peterson","startTime":2782.7,"endTime":2785.1,"body":"yeah, we're doing, what you're"},{"speaker":"Mike Peterson","startTime":2782.7,"endTime":2785.1,"body":"working on, what you're excited"},{"speaker":"Mike Peterson","startTime":2785.1,"endTime":2785.76,"body":"about, we're"},{"speaker":"Trace Mayer","startTime":2785.76,"endTime":2787.68,"body":"building out this"},{"speaker":"Trace Mayer","startTime":2785.76,"endTime":2787.68,"body":"six network effect. So that"},{"speaker":"Trace Mayer","startTime":2787.68,"endTime":2792.66,"body":"would be the financialization."},{"speaker":"Trace Mayer","startTime":2787.68,"endTime":2792.66,"body":"So primarily figuring out how to"},{"speaker":"Trace Mayer","startTime":2792.72,"endTime":2798.9,"body":"how to financialize Bitcoin, so"},{"speaker":"Trace Mayer","startTime":2792.72,"endTime":2798.9,"body":"getting it to get more"},{"speaker":"Trace Mayer","startTime":2798.9,"endTime":2801.56,"body":"integrated with our current"},{"speaker":"Trace Mayer","startTime":2798.9,"endTime":2801.56,"body":"banking and financial monetary"},{"speaker":"Trace Mayer","startTime":2801.56,"endTime":2803.72,"body":"systems. So that's like"},{"speaker":"Trace Mayer","startTime":2801.56,"endTime":2803.72,"body":"repurchase agreements,"},{"speaker":"Trace Mayer","startTime":2803.72,"endTime":2808.28,"body":"derivatives, puts, calls,"},{"speaker":"Trace Mayer","startTime":2803.72,"endTime":2808.28,"body":"futures, stuff of that nature."},{"speaker":"Trace Mayer","startTime":2808.28,"endTime":2813.2,"body":"And so yeah, it's, it's, and"},{"speaker":"Trace Mayer","startTime":2808.28,"endTime":2813.2,"body":"it's going well, like Bitcoins,"},{"speaker":"Trace Mayer","startTime":2813.2,"endTime":2817.16,"body":"a lot deeper and stronger in its"},{"speaker":"Trace Mayer","startTime":2813.2,"endTime":2817.16,"body":"liquidity, and it's in its"},{"speaker":"Trace Mayer","startTime":2817.16,"endTime":2820.42,"body":"markets than I've kind of would"},{"speaker":"Trace Mayer","startTime":2817.16,"endTime":2820.42,"body":"have expected at this point in"},{"speaker":"Trace Mayer","startTime":2820.42,"endTime":2825.16,"body":"time, and it seems to be growing"},{"speaker":"Trace Mayer","startTime":2820.42,"endTime":2825.16,"body":"just at a rapid rate. You know,"},{"speaker":"Trace Mayer","startTime":2825.16,"endTime":2829.78,"body":"the the prices is going up. But"},{"speaker":"Trace Mayer","startTime":2825.16,"endTime":2829.78,"body":"more, more fundamental to that"},{"speaker":"Trace Mayer","startTime":2829.78,"endTime":2833.92,"body":"is just the overall market"},{"speaker":"Trace Mayer","startTime":2829.78,"endTime":2833.92,"body":"structure is so much deeper and"},{"speaker":"Trace Mayer","startTime":2833.92,"endTime":2836.2,"body":"so much more solid than it was."},{"speaker":"Trace Mayer","startTime":2833.92,"endTime":2836.2,"body":"So what's"},{"speaker":"Mike Peterson","startTime":2836.2,"endTime":2838.0,"body":"like once one"},{"speaker":"Mike Peterson","startTime":2836.2,"endTime":2838.0,"body":"example of something that's"},{"speaker":"Mike Peterson","startTime":2838.0,"endTime":2840.36,"body":"maybe happening behind the"},{"speaker":"Mike Peterson","startTime":2838.0,"endTime":2840.36,"body":"scenes that you think people"},{"speaker":"Mike Peterson","startTime":2840.36,"endTime":2843.12,"body":"aren't aware of that. You've"},{"speaker":"Mike Peterson","startTime":2840.36,"endTime":2843.12,"body":"been kind of surprised by,"},{"speaker":"Trace Mayer","startTime":2843.6,"endTime":2847.08,"body":"well, I mean, you"},{"speaker":"Trace Mayer","startTime":2843.6,"endTime":2847.08,"body":"look at just the call option,"},{"speaker":"Trace Mayer","startTime":2847.62,"endTime":2851.58,"body":"you know, the amount of volume"},{"speaker":"Trace Mayer","startTime":2847.62,"endTime":2851.58,"body":"that in liquidity we have in in"},{"speaker":"Trace Mayer","startTime":2851.58,"endTime":2857.46,"body":"the Bitcoin derivatives market,"},{"speaker":"Trace Mayer","startTime":2851.58,"endTime":2857.46,"body":"so much more than we had even"},{"speaker":"Trace Mayer","startTime":2857.46,"endTime":2861.5,"body":"just one or two years ago. And"},{"speaker":"Trace Mayer","startTime":2857.46,"endTime":2861.5,"body":"now, with the ETFs coming on"},{"speaker":"Trace Mayer","startTime":2861.5,"endTime":2864.98,"body":"board and and the options"},{"speaker":"Trace Mayer","startTime":2861.5,"endTime":2864.98,"body":"markets getting built out around"},{"speaker":"Trace Mayer","startTime":2864.98,"endTime":2870.32,"body":"the ETFs, like you know that we"},{"speaker":"Trace Mayer","startTime":2864.98,"endTime":2870.32,"body":"don't have nearly this type of"},{"speaker":"Trace Mayer","startTime":2871.16,"endTime":2875.18,"body":"on any other coins, like"},{"speaker":"Trace Mayer","startTime":2871.16,"endTime":2875.18,"body":"Ethereum would be the next"},{"speaker":"Trace Mayer","startTime":2875.18,"endTime":2879.98,"body":"closest, and it's like not even"},{"speaker":"Trace Mayer","startTime":2875.18,"endTime":2879.98,"body":"a 10th probably of Bitcoin size"},{"speaker":"Trace Mayer","startTime":2879.98,"endTime":2884.74,"body":"in The derivatives market. And"},{"speaker":"Trace Mayer","startTime":2879.98,"endTime":2884.74,"body":"so being able to get this type"},{"speaker":"Trace Mayer","startTime":2884.74,"endTime":2888.58,"body":"of scope in our derivatives"},{"speaker":"Trace Mayer","startTime":2884.74,"endTime":2888.58,"body":"markets with Bitcoin, I think,"},{"speaker":"Trace Mayer","startTime":2888.58,"endTime":2892.72,"body":"is just like, it's phenomenal"},{"speaker":"Trace Mayer","startTime":2888.58,"endTime":2892.72,"body":"for where we're at. We're only"},{"speaker":"Trace Mayer","startTime":2892.72,"endTime":2898.12,"body":"16 years into this, yeah, right."},{"speaker":"Trace Mayer","startTime":2892.72,"endTime":2898.12,"body":"Like, no markets is like, holy"},{"speaker":"Trace Mayer","startTime":2898.12,"endTime":2901.08,"body":"cow. Like, how do I and and? And"},{"speaker":"Trace Mayer","startTime":2898.12,"endTime":2901.08,"body":"it's not just selling call"},{"speaker":"Trace Mayer","startTime":2901.08,"endTime":2904.02,"body":"options. I mean, we got, there's"},{"speaker":"Trace Mayer","startTime":2901.08,"endTime":2904.02,"body":"put, there's put, volatility"},{"speaker":"Trace Mayer","startTime":2904.02,"endTime":2906.42,"body":"being sold out there too. And"},{"speaker":"Trace Mayer","startTime":2904.02,"endTime":2906.42,"body":"selling puts completes the"},{"speaker":"Trace Mayer","startTime":2906.42,"endTime":2909.18,"body":"market, you know, who's going to"},{"speaker":"Trace Mayer","startTime":2906.42,"endTime":2909.18,"body":"be that buyer, last resort? And"},{"speaker":"Trace Mayer","startTime":2909.18,"endTime":2911.94,"body":"so people are selling, you know,"},{"speaker":"Trace Mayer","startTime":2909.18,"endTime":2911.94,"body":"physically settled puts, and,"},{"speaker":"Trace Mayer","startTime":2912.3,"endTime":2916.62,"body":"and there's a, there's a"},{"speaker":"Trace Mayer","startTime":2912.3,"endTime":2916.62,"body":"gigantic bid under Bitcoin at"},{"speaker":"Trace Mayer","startTime":2916.62,"endTime":2920.78,"body":"these levels. So, you know, this"},{"speaker":"Trace Mayer","startTime":2916.62,"endTime":2920.78,"body":"is all, this is all very, very"},{"speaker":"Trace Mayer","startTime":2920.78,"endTime":2923.24,"body":"exciting, you know. And so"},{"speaker":"Trace Mayer","startTime":2920.78,"endTime":2923.24,"body":"building out that six network"},{"speaker":"Trace Mayer","startTime":2923.24,"endTime":2926.54,"body":"effect is, is primarily what"},{"speaker":"Trace Mayer","startTime":2923.24,"endTime":2926.54,"body":"I've been focused on doing over"},{"speaker":"Trace Mayer","startTime":2926.54,"endTime":2932.3,"body":"the last, the last few years."},{"speaker":"Trace Mayer","startTime":2926.54,"endTime":2932.3,"body":"For example, I led the I led the"},{"speaker":"Trace Mayer","startTime":2932.9,"endTime":2937.82,"body":"round, and custodia, the bank."},{"speaker":"Trace Mayer","startTime":2932.9,"endTime":2937.82,"body":"And so, you know, we marched up"},{"speaker":"Trace Mayer","startTime":2937.82,"endTime":2940.04,"body":"to the Federal Reserve and we're"},{"speaker":"Trace Mayer","startTime":2937.82,"endTime":2940.04,"body":"like, Hey, give us our fed"},{"speaker":"Trace Mayer","startTime":2940.04,"endTime":2943.36,"body":"master account. And they said"},{"speaker":"Trace Mayer","startTime":2940.04,"endTime":2943.36,"body":"no, and so we sued them, and and"},{"speaker":"Trace Mayer","startTime":2943.36,"endTime":2948.7,"body":"that's actually up on appeal."},{"speaker":"Trace Mayer","startTime":2943.36,"endTime":2948.7,"body":"And Paul Clement, who, who did"},{"speaker":"Trace Mayer","startTime":2948.7,"endTime":2949.78,"body":"the are"},{"speaker":"Mike Peterson","startTime":2949.78,"endTime":2951.64,"body":"they? Is the"},{"speaker":"Mike Peterson","startTime":2949.78,"endTime":2951.64,"body":"government still fighting it? Or"},{"speaker":"Mike Peterson","startTime":2951.64,"endTime":2955.48,"body":"are they with the new"},{"speaker":"Mike Peterson","startTime":2951.64,"endTime":2955.48,"body":"administration? Have they? Well,"},{"speaker":"Trace Mayer","startTime":2955.48,"endTime":2957.7,"body":"we have stand"},{"speaker":"Trace Mayer","startTime":2955.48,"endTime":2957.7,"body":"because so he has got standing"},{"speaker":"Trace Mayer","startTime":2957.7,"endTime":2960.9,"body":"to sue the Fed. That's kind of a"},{"speaker":"Trace Mayer","startTime":2957.7,"endTime":2960.9,"body":"hard thing to get, yeah, to get"},{"speaker":"Trace Mayer","startTime":2960.9,"endTime":2964.44,"body":"standing, standing against the"},{"speaker":"Trace Mayer","startTime":2960.9,"endTime":2964.44,"body":"Fed. And so, you know, we're,"},{"speaker":"Trace Mayer","startTime":2964.56,"endTime":2967.92,"body":"we're kind of, we're making"},{"speaker":"Trace Mayer","startTime":2964.56,"endTime":2967.92,"body":"several different arguments"},{"speaker":"Trace Mayer","startTime":2967.92,"endTime":2973.68,"body":"there. Paul Clement, who did the"},{"speaker":"Trace Mayer","startTime":2967.92,"endTime":2973.68,"body":"chevron case, he's written one"},{"speaker":"Trace Mayer","startTime":2973.68,"endTime":2976.56,"body":"of the amicus briefs, and then"},{"speaker":"Trace Mayer","startTime":2973.68,"endTime":2976.56,"body":"two other Deputy Solicitor"},{"speaker":"Trace Mayer","startTime":2976.56,"endTime":2979.32,"body":"generals, this could actually be"},{"speaker":"Trace Mayer","startTime":2976.56,"endTime":2979.32,"body":"a very interesting case for the"},{"speaker":"Trace Mayer","startTime":2979.32,"endTime":2982.4,"body":"Trump administration to scope"},{"speaker":"Trace Mayer","startTime":2979.32,"endTime":2982.4,"body":"out executive authority relative"},{"speaker":"Trace Mayer","startTime":2982.4,"endTime":2986.0,"body":"to the Fed. It's kind of an"},{"speaker":"Trace Mayer","startTime":2982.4,"endTime":2986.0,"body":"esoteric area, but if they think"},{"speaker":"Trace Mayer","startTime":2986.0,"endTime":2991.1,"body":"about it, I think they come to"},{"speaker":"Trace Mayer","startTime":2986.0,"endTime":2991.1,"body":"that conclusion. And but yeah, I"},{"speaker":"Trace Mayer","startTime":2991.1,"endTime":2993.44,"body":"mean, are these Federal Reserve"},{"speaker":"Trace Mayer","startTime":2991.1,"endTime":2993.44,"body":"Bank presidents? Are they"},{"speaker":"Trace Mayer","startTime":2993.44,"endTime":2996.32,"body":"superior officers under the"},{"speaker":"Trace Mayer","startTime":2993.44,"endTime":2996.32,"body":"Constitution, or are they"},{"speaker":"Trace Mayer","startTime":2996.32,"endTime":2998.9,"body":"inferior officers? You know, are"},{"speaker":"Trace Mayer","startTime":2996.32,"endTime":2998.9,"body":"they just carrying out a"},{"speaker":"Trace Mayer","startTime":2998.9,"endTime":3002.82,"body":"ministerial duty to. Like, give"},{"speaker":"Trace Mayer","startTime":2998.9,"endTime":3002.82,"body":"us a Fed master account, or are"},{"speaker":"Trace Mayer","startTime":3002.82,"endTime":3007.56,"body":"they exercising like, superior"},{"speaker":"Trace Mayer","startTime":3002.82,"endTime":3007.56,"body":"officer type responsibilities in"},{"speaker":"Trace Mayer","startTime":3007.56,"endTime":3011.1,"body":"denying these fed master"},{"speaker":"Trace Mayer","startTime":3007.56,"endTime":3011.1,"body":"accounts? And if they're"},{"speaker":"Trace Mayer","startTime":3011.1,"endTime":3014.16,"body":"superior officers, well, then"},{"speaker":"Trace Mayer","startTime":3011.1,"endTime":3014.16,"body":"why aren't they held to the"},{"speaker":"Trace Mayer","startTime":3014.16,"endTime":3019.02,"body":"accountability of superior"},{"speaker":"Trace Mayer","startTime":3014.16,"endTime":3019.02,"body":"officers? So it's gonna be kind"},{"speaker":"Trace Mayer","startTime":3019.02,"endTime":3022.4,"body":"of, it's definitely makes a good"},{"speaker":"Trace Mayer","startTime":3019.02,"endTime":3022.4,"body":"entertainment value. So"},{"speaker":"Mike Peterson","startTime":3022.4,"endTime":3024.14,"body":"is that still"},{"speaker":"Mike Peterson","startTime":3022.4,"endTime":3024.14,"body":"proceeding right now?"},{"speaker":"Trace Mayer","startTime":3024.14,"endTime":3025.46,"body":"Oh, yeah, yeah,"},{"speaker":"Trace Mayer","startTime":3024.14,"endTime":3025.46,"body":"it's up on appeal right now."},{"speaker":"Trace Mayer","startTime":3025.46,"endTime":3029.48,"body":"Okay, so, and, yeah, I told"},{"speaker":"Trace Mayer","startTime":3025.46,"endTime":3029.48,"body":"Caitlin, I'm like, I want to see"},{"speaker":"Trace Mayer","startTime":3029.48,"endTime":3031.7,"body":"this thing all the way to US"},{"speaker":"Trace Mayer","startTime":3029.48,"endTime":3031.7,"body":"Supreme Court. It's great"},{"speaker":"Trace Mayer","startTime":3031.7,"endTime":3034.7,"body":"entertainment value. So we're"},{"speaker":"Trace Mayer","startTime":3031.7,"endTime":3034.7,"body":"gonna, we're gonna have fun with"},{"speaker":"Trace Mayer","startTime":3034.7,"endTime":3038.18,"body":"these Federal Reserve lawyers,"},{"speaker":"Trace Mayer","startTime":3034.7,"endTime":3038.18,"body":"and who knows, like, maybe,"},{"speaker":"Trace Mayer","startTime":3038.18,"endTime":3041.26,"body":"maybe we could get subpoena"},{"speaker":"Trace Mayer","startTime":3038.18,"endTime":3041.26,"body":"power for some of the facts we"},{"speaker":"Trace Mayer","startTime":3041.26,"endTime":3044.08,"body":"need out of some of the various"},{"speaker":"Trace Mayer","startTime":3041.26,"endTime":3044.08,"body":"senators that are sympathetic to"},{"speaker":"Trace Mayer","startTime":3044.08,"endTime":3049.3,"body":"our cause. But, yeah, I mean,"},{"speaker":"Trace Mayer","startTime":3044.08,"endTime":3049.3,"body":"it's fun, like Bitcoiners, like,"},{"speaker":"Trace Mayer","startTime":3049.3,"endTime":3053.02,"body":"you know, we, we went from this"},{"speaker":"Trace Mayer","startTime":3049.3,"endTime":3053.02,"body":"little magic internet money"},{"speaker":"Trace Mayer","startTime":3053.02,"endTime":3055.96,"body":"with, I mean, I first started"},{"speaker":"Trace Mayer","startTime":3053.02,"endTime":3055.96,"body":"talking about it at less than a"},{"speaker":"Trace Mayer","startTime":3055.96,"endTime":3060.96,"body":"million dollar market cap. Now"},{"speaker":"Trace Mayer","startTime":3055.96,"endTime":3060.96,"body":"we're at 1.7 5 trillion. We have"},{"speaker":"Trace Mayer","startTime":3060.96,"endTime":3065.46,"body":"some resources now. So we get to"},{"speaker":"Trace Mayer","startTime":3060.96,"endTime":3065.46,"body":"go play the game, right? Like we"},{"speaker":"Trace Mayer","startTime":3065.46,"endTime":3068.04,"body":"get to play the game. So, you"},{"speaker":"Trace Mayer","startTime":3065.46,"endTime":3068.04,"body":"know, kind of like what you're"},{"speaker":"Trace Mayer","startTime":3068.04,"endTime":3070.44,"body":"doing down here, there's, you"},{"speaker":"Trace Mayer","startTime":3068.04,"endTime":3070.44,"body":"know, you have something that"},{"speaker":"Trace Mayer","startTime":3070.44,"endTime":3072.66,"body":"you wanted to, you had a vision."},{"speaker":"Trace Mayer","startTime":3070.44,"endTime":3072.66,"body":"You wanted to actualize"},{"speaker":"Trace Mayer","startTime":3072.66,"endTime":3075.84,"body":"something like now us Bitcoiners"},{"speaker":"Trace Mayer","startTime":3072.66,"endTime":3075.84,"body":"are getting to actualize the"},{"speaker":"Trace Mayer","startTime":3075.84,"endTime":3079.38,"body":"things that we want into the"},{"speaker":"Trace Mayer","startTime":3075.84,"endTime":3079.38,"body":"world and kind of be those force"},{"speaker":"Trace Mayer","startTime":3080.1,"endTime":3083.36,"body":"agents and those forces have"},{"speaker":"Trace Mayer","startTime":3080.1,"endTime":3083.36,"body":"changed. So, you know that"},{"speaker":"Trace Mayer","startTime":3083.48,"endTime":3086.48,"body":"that's kind of what we're doing."},{"speaker":"Trace Mayer","startTime":3083.48,"endTime":3086.48,"body":"Some of that stuff building out,"},{"speaker":"Trace Mayer","startTime":3087.26,"endTime":3089.78,"body":"you know, the derivatives"},{"speaker":"Trace Mayer","startTime":3087.26,"endTime":3089.78,"body":"markets and Bitcoin related"},{"speaker":"Trace Mayer","startTime":3089.78,"endTime":3093.62,"body":"stuff. Then I've got some other"},{"speaker":"Trace Mayer","startTime":3089.78,"endTime":3093.62,"body":"investments and stuff that we're"},{"speaker":"Trace Mayer","startTime":3093.62,"endTime":3096.38,"body":"also building out. So, you know,"},{"speaker":"Trace Mayer","startTime":3093.62,"endTime":3096.38,"body":"just stuff we want to actualize."},{"speaker":"Trace Mayer","startTime":3096.44,"endTime":3099.92,"body":"Like, if there's a like, I want"},{"speaker":"Trace Mayer","startTime":3096.44,"endTime":3099.92,"body":"to build the solutions. I want"},{"speaker":"Trace Mayer","startTime":3099.92,"endTime":3102.7,"body":"to, you know, this is a fourth"},{"speaker":"Trace Mayer","startTime":3099.92,"endTime":3102.7,"body":"turning the cements wet, like we"},{"speaker":"Trace Mayer","startTime":3102.7,"endTime":3106.3,"body":"can build the new things we can,"},{"speaker":"Trace Mayer","startTime":3102.7,"endTime":3106.3,"body":"you know, actualize the new"},{"speaker":"Trace Mayer","startTime":3106.3,"endTime":3107.44,"body":"world that we want to see."},{"speaker":"Mike Peterson","startTime":3108.7,"endTime":3112.66,"body":"Awesome. People"},{"speaker":"Mike Peterson","startTime":3108.7,"endTime":3112.66,"body":"want to follow you or get the"},{"speaker":"Trace Mayer","startTime":3112.66,"endTime":3116.5,"body":"Bitcoin knowledge"},{"speaker":"Trace Mayer","startTime":3112.66,"endTime":3116.5,"body":"podcast. So bitcoin.kn maybe"},{"speaker":"Trace Mayer","startTime":3116.5,"endTime":3120.94,"body":"I'll bring it back. Everybody I"},{"speaker":"Trace Mayer","startTime":3116.5,"endTime":3120.94,"body":"talked to is like, you gotta"},{"speaker":"Trace Mayer","startTime":3120.94,"endTime":3124.32,"body":"bring that thing back. And so"},{"speaker":"Trace Mayer","startTime":3120.94,"endTime":3124.32,"body":"it's like, okay, how"},{"speaker":"Mike Peterson","startTime":3124.32,"endTime":3125.76,"body":"long has it been"},{"speaker":"Mike Peterson","startTime":3124.32,"endTime":3125.76,"body":"on hiatus?"},{"speaker":"Trace Mayer","startTime":3127.08,"endTime":3129.0,"body":"Well, I would"},{"speaker":"Trace Mayer","startTime":3127.08,"endTime":3129.0,"body":"always go out to the Bitcoin"},{"speaker":"Trace Mayer","startTime":3129.0,"endTime":3131.94,"body":"conferences and I'd record like"},{"speaker":"Trace Mayer","startTime":3129.0,"endTime":3131.94,"body":"12 episodes. Yeah, I didn't have"},{"speaker":"Trace Mayer","startTime":3131.94,"endTime":3135.12,"body":"a fancy studio like this. The"},{"speaker":"Trace Mayer","startTime":3131.94,"endTime":3135.12,"body":"podcasting has come a long way."},{"speaker":"Trace Mayer","startTime":3135.12,"endTime":3139.5,"body":"It's just in the last few years."},{"speaker":"Trace Mayer","startTime":3135.12,"endTime":3139.5,"body":"And so with all the COVID travel"},{"speaker":"Trace Mayer","startTime":3139.5,"endTime":3143.12,"body":"restrictions like, it kind of"},{"speaker":"Trace Mayer","startTime":3139.5,"endTime":3143.12,"body":"got put on pause, put on the"},{"speaker":"Trace Mayer","startTime":3143.12,"endTime":3145.1,"body":"back burner, and then life gets"},{"speaker":"Trace Mayer","startTime":3143.12,"endTime":3145.1,"body":"busy. Yeah? Well, that"},{"speaker":"Mike Peterson","startTime":3146.36,"endTime":3148.52,"body":"was part of the"},{"speaker":"Mike Peterson","startTime":3146.36,"endTime":3148.52,"body":"reason we started this podcast"},{"speaker":"Mike Peterson","startTime":3148.52,"endTime":3151.22,"body":"here, because it was like, we're"},{"speaker":"Mike Peterson","startTime":3148.52,"endTime":3151.22,"body":"in this place that we have all"},{"speaker":"Mike Peterson","startTime":3151.22,"endTime":3155.0,"body":"these incredible Bitcoiners"},{"speaker":"Mike Peterson","startTime":3151.22,"endTime":3155.0,"body":"coming through to our doorstep."},{"speaker":"Mike Peterson","startTime":3155.36,"endTime":3158.54,"body":"Yeah, we don't have to go"},{"speaker":"Mike Peterson","startTime":3155.36,"endTime":3158.54,"body":"somewhere else. So, yeah,"},{"speaker":"Trace Mayer","startTime":3158.6,"endTime":3161.26,"body":"yeah. So that's"},{"speaker":"Trace Mayer","startTime":3158.6,"endTime":3161.26,"body":"kind of Yeah. So it's, you know,"},{"speaker":"Trace Mayer","startTime":3161.26,"endTime":3164.02,"body":"if I bring it back, like, that'd"},{"speaker":"Trace Mayer","startTime":3161.26,"endTime":3164.02,"body":"be one place to follow. Other"},{"speaker":"Trace Mayer","startTime":3164.02,"endTime":3166.96,"body":"than that, it's, I guess I got"},{"speaker":"Trace Mayer","startTime":3164.02,"endTime":3166.96,"body":"Twitter, but I haven't been"},{"speaker":"Trace Mayer","startTime":3166.96,"endTime":3170.2,"body":"there either. Like, I guess it's"},{"speaker":"Trace Mayer","startTime":3166.96,"endTime":3170.2,"body":"bad for one's mental health, so"},{"speaker":"Trace Mayer","startTime":3170.26,"endTime":3176.92,"body":"I'm just gonna not there very"},{"speaker":"Trace Mayer","startTime":3170.26,"endTime":3176.92,"body":"often. But anyways, yeah, if the"},{"speaker":"Trace Mayer","startTime":3176.92,"endTime":3178.18,"body":"podcast comes back, that'd be,"},{"speaker":"Mike Peterson","startTime":3178.24,"endTime":3180.36,"body":"well, you're"},{"speaker":"Mike Peterson","startTime":3178.24,"endTime":3180.36,"body":"welcome to come down here and"},{"speaker":"Mike Peterson","startTime":3180.36,"endTime":3183.54,"body":"we'll have the air conditioning"},{"speaker":"Mike Peterson","startTime":3180.36,"endTime":3183.54,"body":"working next time. And you use"},{"speaker":"Mike Peterson","startTime":3183.54,"endTime":3186.0,"body":"the studio, you come down here"},{"speaker":"Mike Peterson","startTime":3183.54,"endTime":3186.0,"body":"and have the people come to you."},{"speaker":"Mike Peterson","startTime":3186.0,"endTime":3186.9,"body":"It was phenomenal"},{"speaker":"Trace Mayer","startTime":3186.9,"endTime":3188.94,"body":"out there on the"},{"speaker":"Trace Mayer","startTime":3186.9,"endTime":3188.94,"body":"beach, yeah? Like that feature,"},{"speaker":"Trace Mayer","startTime":3189.48,"endTime":3193.92,"body":"yeah? The black sand, like, oh,"},{"speaker":"Trace Mayer","startTime":3189.48,"endTime":3193.92,"body":"and the waters, like, sunset"},{"speaker":"Trace Mayer","startTime":3193.92,"endTime":3198.9,"body":"tonight, Oh, beautiful. Like,"},{"speaker":"Trace Mayer","startTime":3193.92,"endTime":3198.9,"body":"Pina Colada is great food here"},{"speaker":"Trace Mayer","startTime":3198.9,"endTime":3203.24,"body":"is phenomenal. Yeah? What's"},{"speaker":"Trace Mayer","startTime":3198.9,"endTime":3203.24,"body":"nice? One of the things is"},{"speaker":"Trace Mayer","startTime":3203.24,"endTime":3206.84,"body":"really nice about El Salvador is"},{"speaker":"Trace Mayer","startTime":3203.24,"endTime":3206.84,"body":"that both the food and the"},{"speaker":"Trace Mayer","startTime":3206.84,"endTime":3210.38,"body":"people are real. You know, it's"},{"speaker":"Trace Mayer","startTime":3206.84,"endTime":3210.38,"body":"not like LA where the food's"},{"speaker":"Trace Mayer","startTime":3210.38,"endTime":3214.28,"body":"more real than the people. You"},{"speaker":"Trace Mayer","startTime":3210.38,"endTime":3214.28,"body":"know, we got real people here in"},{"speaker":"Trace Mayer","startTime":3214.28,"endTime":3215.24,"body":"El Salvador, so"},{"speaker":"Mike Peterson","startTime":3215.24,"endTime":3217.52,"body":"friendly, willing"},{"speaker":"Mike Peterson","startTime":3215.24,"endTime":3217.52,"body":"to help you with anything."},{"speaker":"Mike Peterson","startTime":3217.52,"endTime":3219.74,"body":"They're friendly. Yeah, talk."},{"speaker":"Mike Peterson","startTime":3217.52,"endTime":3219.74,"body":"You can talk about, but not"},{"speaker":"Mike Peterson","startTime":3219.74,"endTime":3221.92,"body":"friendly because they want"},{"speaker":"Mike Peterson","startTime":3219.74,"endTime":3221.92,"body":"something out of you. They're"},{"speaker":"Mike Peterson","startTime":3221.92,"endTime":3224.32,"body":"just friendly because they want"},{"speaker":"Mike Peterson","startTime":3221.92,"endTime":3224.32,"body":"to help. They're excited that"},{"speaker":"Mike Peterson","startTime":3224.32,"endTime":3226.9,"body":"you're here. They Yeah, genuine,"},{"speaker":"Mike Peterson","startTime":3224.32,"endTime":3226.9,"body":"yeah."},{"speaker":"Trace Mayer","startTime":3226.9,"endTime":3231.4,"body":"So yeah. It's very,"},{"speaker":"Trace Mayer","startTime":3226.9,"endTime":3231.4,"body":"I like it. It's great, awesome."},{"speaker":"Mike Peterson","startTime":3231.76,"endTime":3235.18,"body":"Well, excited to"},{"speaker":"Mike Peterson","startTime":3231.76,"endTime":3235.18,"body":"have you come back. You know,"},{"speaker":"Mike Peterson","startTime":3235.18,"endTime":3237.58,"body":"they do a couple amazing"},{"speaker":"Mike Peterson","startTime":3235.18,"endTime":3237.58,"body":"conferences here every year, so"},{"speaker":"Mike Peterson","startTime":3237.58,"endTime":3240.42,"body":"that'd be a good time for you to"},{"speaker":"Mike Peterson","startTime":3237.58,"endTime":3240.42,"body":"come back and you get in here in"},{"speaker":"Mike Peterson","startTime":3240.42,"endTime":3245.1,"body":"the studio and bang out 12, you"},{"speaker":"Mike Peterson","startTime":3240.42,"endTime":3245.1,"body":"know, 12 interviews. So it's,"},{"speaker":"Mike Peterson","startTime":3245.34,"endTime":3247.68,"body":"uh, it's always welcome. We"},{"speaker":"Mike Peterson","startTime":3245.34,"endTime":3247.68,"body":"always love to have travel, you"},{"speaker":"Mike Peterson","startTime":3247.68,"endTime":3250.32,"body":"know, Bitcoiners that are in the"},{"speaker":"Mike Peterson","startTime":3247.68,"endTime":3250.32,"body":"area come and you make use of"},{"speaker":"Mike Peterson","startTime":3250.32,"endTime":3252.72,"body":"the studio. So awesome. Open"},{"speaker":"Mike Peterson","startTime":3250.32,"endTime":3252.72,"body":"invitation. Thanks"},{"speaker":"Trace Mayer","startTime":3252.72,"endTime":3255.24,"body":"so much for the"},{"speaker":"Trace Mayer","startTime":3252.72,"endTime":3255.24,"body":"invitation. Sounds like a great"},{"speaker":"Trace Mayer","startTime":3255.24,"endTime":3257.52,"body":"thing to take advantage of."},{"speaker":"Trace Mayer","startTime":3255.24,"endTime":3257.52,"body":"Yeah. Appreciate your time."},{"speaker":"Trace Mayer","startTime":3257.52,"endTime":3257.7,"body":"Cool."}]}