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[Applause]

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[Music]

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settlements uh is run by obviously jelly

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man you guys are in Mexico so the former

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Governor of

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The Reserve Bank of Mexico Jellyman uh

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Augustin Caston and obviously in that

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top bracket you have the 64 member

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central banks which is obviously like

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the Fed so basically if you speak

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English or even if you understand

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English there's a very strong chance

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your central bank is in there so what

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they do is they obviously control the

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monetary able to filter to any agenda

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they see completely distort markets um

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and fund any agenda that they want to

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implement and defund any agenda that

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they see as resistance or don't want

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to so below them um you have the global

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think tanks this is obviously CL swaps

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forums your carnegi and down

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International eace Chatham House Etc

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there's actually a million of them

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they're all you know Washington Lobby

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groups etc etc but what these guys do is

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essentially formulate the policy have

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the money filtered to them formulate the

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policy for the entire world say whether

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it's the great reset or uh whatever

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right below them you have a the

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enforcers so the intergovernmental

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organizations so these organiz these

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multinational organizations generally

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have been weaponized to achieve a single

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goal or at least a goal in general so we

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see very very often the World Bank and

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the international monetary fund being

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used as I

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suppose uh the the car on the stick if

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you will or at least the stick behind

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the animals to beat them so the IMF and

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the world B bank will obviously will

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often give loans to whether it's

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developing nations or just nations in

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general under the conditions that they

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implement the policies set above at

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whether it's whether it's you know what

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econic foreign policies or whether it's

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monetary policies like the Swift system

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set out by the bis and the Federal

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Reserve now below this you have them

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implemented at a national level most

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people actually think that you know in a

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Democratic Society

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they vote for somebody and that's

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actually they they believe it's a much

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more decentralized it is they think that

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their government's in control of them

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and say my case the Australian

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government's in control of me the US

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government's in control of the US but

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it's actually played at a much higher

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level as you can see so these guys are

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just simply implementing them on a

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national level and Below them you have

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businesses of the world so your massive

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tech companies that you know censor

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people and enforce the laws kick people

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out individuals out if they don't comply

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with by these laws obviously the Swift

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system JP Morgan the list goes on you

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could write a complete book about this

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power

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structural so there agendas and this is

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not the funny thing I find when explain

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it to normal people is they often think

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that you're guessing or you're making

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things up or something maybe even

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somewhere in between but these agendas

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are actually on the websites of you know

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uh organizations like the bis feder of

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like the world economic form they're

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literally going out and saying they want

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this future so cbdcs is completely

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programmable money I'm sure you're all

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aware and it allows them to manipulate

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any aspect of the currency they want so

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it's just a couple examples they could

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put time limits on your money so if you

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don't spend if you don't spend it in a

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certain amount of time they money uh

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restrictions on what you can spend it on

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uh you can lose access to your bank

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account while unapproved transactions or

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participated unapproved activities such

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as protesting Co lockdowns or whatever

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have you at the time and what this means

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is that you lose all your monetary

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freedom and and as I say monetary

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freedom is really at the basis of human

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expression so you use your freedom of

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expression and just one consequence of

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time limits and all these kind of things

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is you lose your right to store wealth

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and that's as if you know the Deval

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devaluation of fat alone wasn't enough

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you actually directly lose your to sell

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so digital IDs uh I'm sure everybody

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listening is pretty much all over this

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as is most people in the Monero and

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privacy Community I won't touch on it

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too much but these can come in form with

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things like vaccine passports or

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movement licenses or whatever have

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you and uh the last uh agenda that I'll

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cover on a very high level is the social

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credit scores so when you implement all

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these together social credit scores CDC

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digital IDs you could even be incredibly

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convenient and have them all in one app

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together um you can see that this really

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pavs the way to

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lose lose pretty much all freedoms or at

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Absolute minimum you're setting up

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yourself in a digital

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panopticon and obviously social credit

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scores is a system that can be

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governments or businesses to rank you uh

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and determine what activities you're

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allowed to do BAS B on how good of

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Citizen you are right like we see this

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in China at the moment um you know

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people are ranked on things by what

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they're buying at the grocery store

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people are tracked and and ranked on

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whether they're visiting visiting the

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elderly grandparents it's a completely

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dystopian society and we're putting

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ourselves so at least the global power

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structure wants to put us in a position

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where we're in a digital panopticon so

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we have to bow to their every will if

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you

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will so the question is how do we

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actually fix this right um so these two

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problems are only covered at an

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incredibly high level but to give you an

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answer at a high level to proof of work

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and privacy is what really fixes this

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and we'll get into

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that so proof of work provides

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longlasting Prosperity so because you're

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limited by spending real retails to

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obtain an arrow no one can essentially

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steal your time like they can with uh

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fear it essentially puts you back onto a

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gold type system uh where you have to

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provide work uh to actually increase the

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supply F and the monetary policy is set

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in stone and no centralized Authority

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can change

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it um in society as we mentioned at the

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start the consequences of decisions are

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retied to those who make the decisions

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so you actually have to provide value to

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people in order to obtain money so that

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means if you want to uh P out a bank you

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have to been productive in the first

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place to then go and give your money

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away which obviously nobody's going to

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do no one's going to uh donate billions

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hundreds of billions of dollars to

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fiscally irresponsible to say the least

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organization and privacy provides us

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freedom um from the globalist

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technocracy that they're W to imp so

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privacy provides monetary Freedom uh it

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protects you financially and allows you

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to interact as you see fit it gives you

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back autonomy over your money which as I

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say is the most true form of freedom of

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expression and this allows us or

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Societies in general to build based on

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the true demands of people um and have

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have economies that have economies form

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that don't require third party approval

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which is again at the essence of what

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freedom

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is

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so these things we've covered are at a

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high level I've obviously given the

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length of the talk had to cut out a vast

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majority of things of the book let stack

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up the cards on a pretty high level on a

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quick and high level uh we'll go through

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it in 20 points about essentially the

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essence of the talk and the essence of

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the book so fat money is not real money

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the Fiat monetary system benefits only

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those closest to the monetary spigot fat

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is obviously a mathematical Pony

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an alternative money monetary system is

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going to be needed um as we discuss more

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in length in the book reform is not able

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to change the system and that that's if

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even if feat wasn't

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aony uh revolutionary cycles and this

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has got a whole chapter dedicated to it

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revolutionary Cycles are all converging

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to provide a platform for natural

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revolutionary change we see a natural

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changing of the GS so we have the

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50-year technological Revolution we have

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an 80-year political social Revolution

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and a 250e Empire Revolution and as I

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say all these Cycles are converging all

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at

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once short and long-term death Cycles

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are convergence so if anyone's familiar

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with Ray Dario's thesis on well not even

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thesis just study on short long-term

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death Cycles generation Cycles are as

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well so that's obviously when uh uh

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strong men create good times good times

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create weak men weak men create uh Hard

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Times Hard Men hard times create strong

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men and etc etc and the global power

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structure as we explore in the book has

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you know an incredible amount of how to

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implement whatever agendas they see fit

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whether that's you know the post utopian

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agendas or whether that's as they've

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outlined socialist dystopian

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agendas um a future filled with

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technocracy and globalism will only

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serve to increase centralization reduce

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individual liberty serve to benefit the

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very few Elites closest to the monetary

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speak and reduce the prosperity of the

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everyday

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person now as you would know with every

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Empire in history and especially a

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falling Empire with a lot to lose

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extreme efforts are always made to keep

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that power structure in place so this is

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going to be the exact same uh any effort

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to deplatform the global power structure

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is going to be met with stiff militant

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resistance and I mean literally militant

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they will get the Army out

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the solution to technocracy and

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globalism is decentralization and

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privatization of money and that's not

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obviously giving the money to a company

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that's quite literally making money

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private creating privacy

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tools obviously summed up two main

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problems are Fiat the and technocracy

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globalism the solution to fake Fiat

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money is hard proof work money money

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that has real value and can't be

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manipulated and the solu solution to

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technocracy and globalism is privacy

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tools and technology that can't be

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stopped and that simply at the end of

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the day that's

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mathematics um now obviously the method

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of Math slash the the the tool that

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counters the current and feature weapons

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of global power structure should be used

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to achieve best results as you have with

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any problem in life you want to be using

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the best tool to achieve the best

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results now Manera is that method and

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it's actually in my

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understanding your at least opinion it's

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only method mono is decentralized it is

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private proof

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of now the last point we want to make is

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Monero provides the best basis we've

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ever seen ever had the species for long

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for building a longlasting platform for

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freedom and

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00:11:57,519 --> 00:12:02,160
prosperity do you love coffee and Monera

286
00:12:00,120 --> 00:12:04,800
as much as we do consider making

287
00:12:02,160 --> 00:12:07,160
gratuitous dorg your daily cup pay with

288
00:12:04,800 --> 00:12:09,160
Monera for premium fresh beans and if

289
00:12:07,160 --> 00:12:11,440
you like what you taste send a digital

290
00:12:09,160 --> 00:12:12,800
cash tip directly to the farmers that

291
00:12:11,440 --> 00:12:15,160
made it

292
00:12:12,800 --> 00:12:18,470
possible proceeds help us grow this

293
00:12:15,160 --> 00:12:21,609
channel gratuitous and

294
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[Music]

295
00:12:24,279 --> 00:12:29,519
Monero so the title of the book right

296
00:12:26,760 --> 00:12:31,120
the vanera standard so how do we move to

297
00:12:29,519 --> 00:12:32,600
the Monera we've obviously covered a lot

298
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of these points already so we won't bang

299
00:12:32,600 --> 00:12:37,959
on them bang on about them too much um

300
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but essentially new technologies are

301
00:12:37,959 --> 00:12:43,040
adopted according to the perceived value

302
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to the user so I always like to use uh

303
00:12:43,040 --> 00:12:47,760
the invention and Adoption of radar

304
00:12:45,320 --> 00:12:50,519
technology that radar technology was

305
00:12:47,760 --> 00:12:54,199
adopted at least on maths by the British

306
00:12:50,519 --> 00:12:56,360
in World War II um and as we see

307
00:12:54,199 --> 00:12:58,440
difficult times were needed to happen in

308
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order for them to adopt that so

309
00:12:58,440 --> 00:13:02,360
obviously we had uh you know the battle

310
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for Britain a lot of German bombers

311
00:13:02,360 --> 00:13:06,639
coming over bombing London etc those

312
00:13:04,600 --> 00:13:10,000
were difficult times and that's what you

313
00:13:06,639 --> 00:13:12,639
know um that's what made them adopted

314
00:13:10,000 --> 00:13:14,399
they had no other choice but to adopt it

315
00:13:12,639 --> 00:13:16,920
and as we've outlined the difficult

316
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times are coming again we see through

317
00:13:16,920 --> 00:13:20,760
the control of the monetary Supply and

318
00:13:18,440 --> 00:13:22,639
we see that the agendas there that they

319
00:13:20,760 --> 00:13:25,680
openly come out and say that they they

320
00:13:22,639 --> 00:13:29,040
want to uh they want to

321
00:13:25,680 --> 00:13:31,079
implement so Fat's going to force people

322
00:13:29,040 --> 00:13:32,680
to look for alternative monies and a

323
00:13:31,079 --> 00:13:34,440
monetary system that could provide more

324
00:13:32,680 --> 00:13:37,680
value to them by solving the current

325
00:13:34,440 --> 00:13:39,720
problems with the and with the dystopia

326
00:13:37,680 --> 00:13:41,360
world that we're moving into people as I

327
00:13:39,720 --> 00:13:44,000
say are going to be forced to adopt

328
00:13:41,360 --> 00:13:46,959
monitoring n works with complete privacy

329
00:13:44,000 --> 00:13:46,959
proof of work and

330
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privacy the road to adoption

331
00:13:52,399 --> 00:13:58,600
so it's it's really not important that

332
00:13:56,000 --> 00:14:00,880
these all play out or they play out in

333
00:13:58,600 --> 00:14:02,920
this event but just some things we're

334
00:14:00,880 --> 00:14:04,639
going to see on the road to Monera an

335
00:14:02,920 --> 00:14:05,880
increased amount of Monero adoption

336
00:14:04,639 --> 00:14:08,600
whether you want to call that mainstream

337
00:14:05,880 --> 00:14:10,519
adoption Niche adoption or whatever the

338
00:14:08,600 --> 00:14:12,839
case right so we're going to continue to

339
00:14:10,519 --> 00:14:14,399
see adoption on the dark net black

340
00:14:12,839 --> 00:14:17,839
markets this is

341
00:14:14,399 --> 00:14:20,399
actually a massively important one all

342
00:14:17,839 --> 00:14:23,360
new technologies including money is

343
00:14:20,399 --> 00:14:26,560
adopted on the fringes right so by

344
00:14:23,360 --> 00:14:29,120
criminals by the oppressed etc etc

345
00:14:26,560 --> 00:14:31,040
people are in these positions are Lally

346
00:14:29,120 --> 00:14:33,639
adopting Mona at the moment they've

347
00:14:31,040 --> 00:14:36,160
moved past Bitcoin Bitcoin served its

348
00:14:33,639 --> 00:14:38,240
purpose at the time uh there was flaws

349
00:14:36,160 --> 00:14:41,000
found in it you know in regards to

350
00:14:38,240 --> 00:14:43,800
transparency privacy and now people are

351
00:14:41,000 --> 00:14:47,320
moving on to the next thing so that is

352
00:14:43,800 --> 00:14:51,480
Monera and Monero seems to fill all the

353
00:14:47,320 --> 00:14:53,720
problems so cash to be banned um this is

354
00:14:51,480 --> 00:14:55,560
obviously going to happen governments

355
00:14:53,720 --> 00:14:57,560
are putting out fers across the world

356
00:14:55,560 --> 00:14:59,759
CBC introduce we already talked about

357
00:14:57,560 --> 00:15:02,880
this uh social credits scores digital

358
00:14:59,759 --> 00:15:05,480
IDs um now a cultural thing is we've

359
00:15:02,880 --> 00:15:07,519
seen a lot of people you know increasing

360
00:15:05,480 --> 00:15:09,440
amount of um people concerned about

361
00:15:07,519 --> 00:15:12,560
their privacy either personal for

362
00:15:09,440 --> 00:15:15,440
business I I did a podcast with Justin

363
00:15:12,560 --> 00:15:19,040
harhoff around about last December I

364
00:15:15,440 --> 00:15:20,519
think it was and he noticed that or he

365
00:15:19,040 --> 00:15:22,360
mentioned in the podcast that the

366
00:15:20,519 --> 00:15:24,000
difference in people that care about

367
00:15:22,360 --> 00:15:27,079
privacy between now and when he got in

368
00:15:24,000 --> 00:15:28,880
Monero is n day and it really got me

369
00:15:27,079 --> 00:15:31,440
thinking I I think the exact same thing

370
00:15:28,880 --> 00:15:32,959
too I've noticed uh I think it had a lot

371
00:15:31,440 --> 00:15:35,720
to do with Snowden and these kind of

372
00:15:32,959 --> 00:15:37,360
people but people now are caring a lot

373
00:15:35,720 --> 00:15:39,079
more about their personal privacy in

374
00:15:37,360 --> 00:15:40,639
that privacy of their business and we're

375
00:15:39,079 --> 00:15:42,959
going to continue to see attitudes like

376
00:15:40,639 --> 00:15:45,279
this develop on a wide scale across

377
00:15:42,959 --> 00:15:47,360
Society obviously they're going to start

378
00:15:45,279 --> 00:15:48,720
uh you know own nothing and be happy

379
00:15:47,360 --> 00:15:50,120
they're going to ban things like meat

380
00:15:48,720 --> 00:15:52,759
they've already talked about these eat

381
00:15:50,120 --> 00:15:54,160
the bugs Etc they're going to ban salt

382
00:15:52,759 --> 00:15:55,839
we're going to see Bitcoin and other

383
00:15:54,160 --> 00:15:58,000
transparent protocols to be heavy

384
00:15:55,839 --> 00:15:59,120
heavily regulated track and manipulated

385
00:15:58,000 --> 00:16:01,360
as as I said

386
00:15:59,120 --> 00:16:04,680
before they're literally going to throw

387
00:16:01,360 --> 00:16:06,759
the kitchen sink at stopping at at

388
00:16:04,680 --> 00:16:09,199
everything that threatens their position

389
00:16:06,759 --> 00:16:10,720
in the global power structure so Bitcoin

390
00:16:09,199 --> 00:16:12,639
is going to it does threaten their

391
00:16:10,720 --> 00:16:14,720
position in the global power structure

392
00:16:12,639 --> 00:16:16,880
the problem is that through transparency

393
00:16:14,720 --> 00:16:19,560
a lot of other problems uh pop up which

394
00:16:16,880 --> 00:16:22,040
we won't get into in this in this uh

395
00:16:19,560 --> 00:16:24,519
talk but it essentially because it can

396
00:16:22,040 --> 00:16:26,720
be heavily regulated it can be tracked

397
00:16:24,519 --> 00:16:30,079
um it can ultimately be manipulated and

398
00:16:26,720 --> 00:16:32,959
I believe uh you take the tee that in

399
00:16:30,079 --> 00:16:34,279
that regard so teth that a lot um we're

400
00:16:32,959 --> 00:16:36,040
going to see more events like the

401
00:16:34,279 --> 00:16:39,920
Canadian chucker protest like the Dutch

402
00:16:36,040 --> 00:16:42,959
farmer protests uh etc etc events where

403
00:16:39,920 --> 00:16:45,519
people are quite literally going to be

404
00:16:42,959 --> 00:16:46,920
kicked out of the system and they're not

405
00:16:45,519 --> 00:16:48,600
going to have any other choice but to

406
00:16:46,920 --> 00:16:51,120
look for Alternatives we see this today

407
00:16:48,600 --> 00:16:53,800
with obviously you know the countries

408
00:16:51,120 --> 00:16:57,480
like Russia like North Korea Iran Libya

409
00:16:53,800 --> 00:16:59,560
Yemen uh the list goes on so these

410
00:16:57,480 --> 00:17:02,199
people uh

411
00:16:59,560 --> 00:17:03,839
already kicked out of the current system

412
00:17:02,199 --> 00:17:05,640
we're gonna again I don't think this is

413
00:17:03,839 --> 00:17:08,280
actually massively important but I think

414
00:17:05,640 --> 00:17:10,360
we will see May well I think we could

415
00:17:08,280 --> 00:17:12,160
potentially see adoption of small more

416
00:17:10,360 --> 00:17:13,640
Nations adoption of legal tender I don't

417
00:17:12,160 --> 00:17:16,160
think that matters at all because at the

418
00:17:13,640 --> 00:17:18,520
end of the day we're here

419
00:17:16,160 --> 00:17:20,799
to we're here to take over we're not

420
00:17:18,520 --> 00:17:23,880
here to take part so what a government

421
00:17:20,799 --> 00:17:27,079
does is completely relevant again tax P

422
00:17:23,880 --> 00:17:29,000
mon the same and another important thing

423
00:17:27,079 --> 00:17:31,320
that most people won't think about

424
00:17:29,000 --> 00:17:33,480
is the extreme volatility we're going to

425
00:17:31,320 --> 00:17:34,320
see as lawmakers and as the current

426
00:17:33,480 --> 00:17:36,440
power

427
00:17:34,320 --> 00:17:38,039
institutions um become increasingly

428
00:17:36,440 --> 00:17:40,720
irrational and desperate to keep their

429
00:17:38,039 --> 00:17:43,320
place there so a great example of that

430
00:17:40,720 --> 00:17:45,760
is uh gold a famous example of gold in

431
00:17:43,320 --> 00:17:48,799
the viar Republic where volatility you

432
00:17:45,760 --> 00:17:52,840
know was up a 100000% down 90% up

433
00:17:48,799 --> 00:17:55,520
10,000% down 95% etc etc and this

434
00:17:52,840 --> 00:17:57,559
obviously shakes a lot of people out um

435
00:17:55,520 --> 00:17:59,320
it makes a lot of people scared and go

436
00:17:57,559 --> 00:18:02,720
back to the old system so that's just

437
00:17:59,320 --> 00:18:02,720
something to be prepared

438
00:18:03,360 --> 00:18:10,039
for uh Uncle what can you do we need you

439
00:18:07,080 --> 00:18:12,400
right so the average Joe uh people like

440
00:18:10,039 --> 00:18:13,760
me you can obviously build a culture

441
00:18:12,400 --> 00:18:15,360
home base it doesn't have to be on a

442
00:18:13,760 --> 00:18:18,679
national level we don't have to make an

443
00:18:15,360 --> 00:18:21,120
entire city like Bitcoin Beach but we

444
00:18:18,679 --> 00:18:24,559
need to start building out

445
00:18:21,120 --> 00:18:26,799
communities where you can allow the

446
00:18:24,559 --> 00:18:28,480
culture where people can come together

447
00:18:26,799 --> 00:18:30,000
and you can allow the culture to expand

448
00:18:28,480 --> 00:18:32,480
obviously we're more powerful together

449
00:18:30,000 --> 00:18:34,919
than we are divided right more books

450
00:18:32,480 --> 00:18:37,159
about Monero I WR the moneros down at

451
00:18:34,919 --> 00:18:39,240
the moment if I can guarantee if you ask

452
00:18:37,159 --> 00:18:40,840
any of my teachers in school they would

453
00:18:39,240 --> 00:18:42,240
uh absolutely guarantee that I'd never

454
00:18:40,840 --> 00:18:45,799
write a book in my life they'd probably

455
00:18:42,240 --> 00:18:47,760
say I'd fail and be in jail by now uh

456
00:18:45,799 --> 00:18:51,480
more academic level

457
00:18:47,760 --> 00:18:55,120
courses um more hey this is a super easy

458
00:18:51,480 --> 00:18:57,240
one Monero YouTube videos right anybody

459
00:18:55,120 --> 00:18:59,919
can do this we need more Monero content

460
00:18:57,240 --> 00:19:02,280
out there and not not for you know a

461
00:18:59,919 --> 00:19:03,799
Bitcoin circle jerk reason but quite

462
00:19:02,280 --> 00:19:05,360
literally we need it in different

463
00:19:03,799 --> 00:19:06,840
languages and we need the community to

464
00:19:05,360 --> 00:19:09,400
grow and the more people we're talking

465
00:19:06,840 --> 00:19:12,679
about the more we can spread that

466
00:19:09,400 --> 00:19:15,159
message I was lobbying politicians to

467
00:19:12,679 --> 00:19:16,720
make Monero friendly laws right I've

468
00:19:15,159 --> 00:19:19,200
actually done this I've messaged two

469
00:19:16,720 --> 00:19:21,320
senators and two senators from my state

470
00:19:19,200 --> 00:19:23,440
and one uh what do you call it

471
00:19:21,320 --> 00:19:25,840
representative from my local area and

472
00:19:23,440 --> 00:19:27,440
not a single one has replied right um

473
00:19:25,840 --> 00:19:29,120
but that's not to say you shouldn't try

474
00:19:27,440 --> 00:19:31,280
because if we get a enough people

475
00:19:29,120 --> 00:19:32,840
messaging them about it because if you

476
00:19:31,280 --> 00:19:35,000
just have one person like me messaging

477
00:19:32,840 --> 00:19:36,559
them about it one they've probably never

478
00:19:35,000 --> 00:19:38,000
heard of it two they only get one person

479
00:19:36,559 --> 00:19:39,799
mentioned about it they don't care but

480
00:19:38,000 --> 00:19:40,960
when we get enough people like in

481
00:19:39,799 --> 00:19:43,200
Bitcoin at the moment when you get

482
00:19:40,960 --> 00:19:45,799
enough people lobbying

483
00:19:43,200 --> 00:19:47,280
politicians uh to advocate for it to

484
00:19:45,799 --> 00:19:48,520
start donating to the politicians to

485
00:19:47,280 --> 00:19:51,720
make friendly

486
00:19:48,520 --> 00:19:53,720
laws that can really start to make a

487
00:19:51,720 --> 00:19:55,320
difference obviously still coming to

488
00:19:53,720 --> 00:19:58,240
politicians who don't want to know you

489
00:19:55,320 --> 00:19:59,960
regardless but that's the point it's up

490
00:19:58,240 --> 00:20:03,520
something that you can

491
00:19:59,960 --> 00:20:06,120
do um I just heard Luke Smith talking in

492
00:20:03,520 --> 00:20:09,679
a previous talk about uh onboarding new

493
00:20:06,120 --> 00:20:14,039
users we should definitely uh on board

494
00:20:09,679 --> 00:20:17,000
users but also onboard vendors if you

495
00:20:14,039 --> 00:20:19,080
will so that that's your local shops etc

496
00:20:17,000 --> 00:20:20,880
etc um hosting events we went through

497
00:20:19,080 --> 00:20:22,960
this uh running noes committing hash

498
00:20:20,880 --> 00:20:24,720
power to the lally do that that's a

499
00:20:22,960 --> 00:20:27,159
beauty of Monera that's a beauty of CPU

500
00:20:24,720 --> 00:20:28,400
Ming is it quite literally anyone can do

501
00:20:27,159 --> 00:20:31,480
it at home you don't need any

502
00:20:28,400 --> 00:20:35,600
specialized Hardware at

503
00:20:31,480 --> 00:20:39,000
all developers plenty of opportunities

504
00:20:35,600 --> 00:20:40,880
uh browser wallets uh easy to use exp

505
00:20:39,000 --> 00:20:44,039
wallets cakes doing a good job of that

506
00:20:40,880 --> 00:20:45,799
Atomic swaps uh D5 Bridges only

507
00:20:44,039 --> 00:20:48,600
exchanges that would be quite a unique

508
00:20:45,799 --> 00:20:49,720
idea big Tech resistant wet I think

509
00:20:48,600 --> 00:20:52,520
that's going to

510
00:20:49,720 --> 00:20:55,120
become massively massively important in

511
00:20:52,520 --> 00:20:57,440
the future Monero first dominate

512
00:20:55,120 --> 00:20:59,919
exchanges and obviously integration into

513
00:20:57,440 --> 00:21:03,120
other web appli

514
00:20:59,919 --> 00:21:05,440
ations now the last two things we talked

515
00:21:03,120 --> 00:21:08,360
about so the average John developers

516
00:21:05,440 --> 00:21:09,840
what you guys do what we do doesn't

517
00:21:08,360 --> 00:21:12,039
matter unless we build a circular

518
00:21:09,840 --> 00:21:13,640
economy and vice versa too building a

519
00:21:12,039 --> 00:21:16,480
circular economy doesn't matter unless

520
00:21:13,640 --> 00:21:19,880
we do those things as well so by

521
00:21:16,480 --> 00:21:22,279
building a uh circular economy we need

522
00:21:19,880 --> 00:21:24,080
in real life places that is at Monero so

523
00:21:22,279 --> 00:21:26,080
whether that's go down to your local

524
00:21:24,080 --> 00:21:28,159
shops you know uh tell them that you're

525
00:21:26,080 --> 00:21:30,200
going to go buy meat from the local

526
00:21:28,159 --> 00:21:31,799
butcher I'll pay you in there come by oh

527
00:21:30,200 --> 00:21:34,159
make a few like vegetable shop do the

528
00:21:31,799 --> 00:21:36,080
exact same thing uh building the

529
00:21:34,159 --> 00:21:38,080
circular economy also involves

530
00:21:36,080 --> 00:21:40,440
wholesalers and manufacturers except in

531
00:21:38,080 --> 00:21:42,520
man and that's quite literally the whole

532
00:21:40,440 --> 00:21:45,600
circle from producers all the way to

533
00:21:42,520 --> 00:21:47,720
Consumers back to producers right wages

534
00:21:45,600 --> 00:21:50,600
paid in Monero would be fantastic

535
00:21:47,720 --> 00:21:52,360
Commodities priced in Monero as well

536
00:21:50,600 --> 00:21:54,000
that's still probably a little while off

537
00:21:52,360 --> 00:21:57,000
but that's another thing in regards to

538
00:21:54,000 --> 00:21:59,640
building the economy again as I say

539
00:21:57,000 --> 00:22:03,000
getting places to accept mono spend

540
00:21:59,640 --> 00:22:05,360
money on sorry spend Monero on food if

541
00:22:03,000 --> 00:22:07,799
you can rent if you can Health Care

542
00:22:05,360 --> 00:22:08,919
Goods services and obviously tipping

543
00:22:07,799 --> 00:22:13,000
within the

544
00:22:08,919 --> 00:22:16,000
commun uh Monero VCS uh to fund Monero

545
00:22:13,000 --> 00:22:17,919
startups that would be a big one app

546
00:22:16,000 --> 00:22:19,360
would be again wholesalers manufacturers

547
00:22:17,919 --> 00:22:22,880
retailers

548
00:22:19,360 --> 00:22:25,360
Etc uh XMR G fundme Alternatives I think

549
00:22:22,880 --> 00:22:27,080
is a very powerful one so interesting

550
00:22:25,360 --> 00:22:29,240
stuff coming out on nosta not

551
00:22:27,080 --> 00:22:31,080
technological technologically savvy

552
00:22:29,240 --> 00:22:32,559
enough to say how many ARA can be

553
00:22:31,080 --> 00:22:34,960
integrated into that but I know Bitcoin

554
00:22:32,559 --> 00:22:37,840
is building Market places on nosta uh

555
00:22:34,960 --> 00:22:40,480
completely decentralized as such so

556
00:22:37,840 --> 00:22:42,400
there is no reason in my technological

557
00:22:40,480 --> 00:22:45,480
understanding why this thing could done

558
00:22:42,400 --> 00:22:49,559
with couldn't be done with

559
00:22:45,480 --> 00:22:52,520
Monero um a cool idea I had actually was

560
00:22:49,559 --> 00:22:55,919
uh Monero payment Railways like

561
00:22:52,520 --> 00:22:57,279
Square um just mono companies and yeah

562
00:22:55,919 --> 00:22:59,120
also another thing is partnering with

563
00:22:57,279 --> 00:23:01,400
human rights organ organizations to

564
00:22:59,120 --> 00:23:04,480
highlight the aspects of

565
00:23:01,400 --> 00:23:08,279
privacy um you could go on you could

566
00:23:04,480 --> 00:23:08,279
take a lot of parts in regards to

567
00:23:08,400 --> 00:23:13,799
that so that that's actually a lie I

568
00:23:11,760 --> 00:23:15,039
still haven't changed it um but it's

569
00:23:13,799 --> 00:23:17,360
it's coming out

570
00:23:15,039 --> 00:23:21,000
soon so if anybody's interested in

571
00:23:17,360 --> 00:23:24,960
learning more I I really believe that

572
00:23:21,000 --> 00:23:27,559
this book is a phenomenal book

573
00:23:24,960 --> 00:23:28,440
um it really breaks down an incredible

574
00:23:27,559 --> 00:23:29,799
depth

575
00:23:28,440 --> 00:23:31,080
I mean what we covered today in the

576
00:23:29,799 --> 00:23:33,799
speech is really nothing and what we did

577
00:23:31,080 --> 00:23:36,240
Cover is at an incredibly high level um

578
00:23:33,799 --> 00:23:39,200
so you can go on to the website man.com

579
00:23:36,240 --> 00:23:43,480
uh grab yourself pre-order a copy for

580
00:23:39,200 --> 00:23:45,360
yourself and uh hey what else can I say

581
00:23:43,480 --> 00:23:47,679
thanks so much I don't know if anybody's

582
00:23:45,360 --> 00:23:48,760
got any questions uh but if you do I

583
00:23:47,679 --> 00:23:51,440
don't know you have to go through the

584
00:23:48,760 --> 00:23:53,120
moderator or how we do

585
00:23:51,440 --> 00:23:55,640
this

586
00:23:53,120 --> 00:23:59,440
um stop sharing my

587
00:23:55,640 --> 00:24:02,039
screen um is there any questions from

588
00:23:59,440 --> 00:24:02,039
anybody at

589
00:24:20,840 --> 00:24:26,120
all I'm not sure if you can see the

590
00:24:23,240 --> 00:24:30,520
questions but privacy dad just asked Can

591
00:24:26,120 --> 00:24:33,039
you comment on EU regul puted on last

592
00:24:30,520 --> 00:24:35,520
month uh what specific regulations are

593
00:24:33,039 --> 00:24:35,520
you talking

594
00:24:41,840 --> 00:24:49,679
about doesn't say anything past that um

595
00:24:46,840 --> 00:24:52,399
hope yeah I'm not an expert on I didn't

596
00:24:49,679 --> 00:24:55,320
even know what happened to be honest

597
00:24:52,399 --> 00:24:56,760
um so unless you could uh enlighten me

598
00:24:55,320 --> 00:24:59,880
with

599
00:24:56,760 --> 00:25:03,320
that M and trading no I don't know I

600
00:24:59,880 --> 00:25:06,360
don't know anything about it to truth be

601
00:25:03,320 --> 00:25:09,080
told they they said M and trading

602
00:25:06,360 --> 00:25:11,919
regulations yeah yeah no I'm not I'm not

603
00:25:09,080 --> 00:25:11,919
too sure on it to be

604
00:25:13,440 --> 00:25:17,720
honest uh here's one what if Monero were

605
00:25:16,559 --> 00:25:21,200
to become

606
00:25:17,720 --> 00:25:23,279
illegal yeah um well you know well

607
00:25:21,200 --> 00:25:24,760
firstly I don't think it matters that's

608
00:25:23,279 --> 00:25:28,480
actually the recent way we bu these

609
00:25:24,760 --> 00:25:31,919
protocols right um but in a sense it

610
00:25:28,480 --> 00:25:34,320
already is uh at least maybe not

611
00:25:31,919 --> 00:25:35,720
literally but in a roundabout way it

612
00:25:34,320 --> 00:25:38,039
kind of is so they've obviously baned

613
00:25:35,720 --> 00:25:39,520
from many exchanges around the world

614
00:25:38,039 --> 00:25:42,039
including where I am here in Australia

615
00:25:39,520 --> 00:25:44,080
well it's actually not Bann you the

616
00:25:42,039 --> 00:25:45,880
regulations they Implement make it

617
00:25:44,080 --> 00:25:48,600
essentially banned like essentially

618
00:25:45,880 --> 00:25:51,120
Shadow banned so what they do is they

619
00:25:48,600 --> 00:25:54,799
make the at Le here in Australia they

620
00:25:51,120 --> 00:25:55,960
make the exchange report on you know

621
00:25:54,799 --> 00:25:57,799
where the money's gone and where it's

622
00:25:55,960 --> 00:25:59,520
going after that obviously with Monero

623
00:25:57,799 --> 00:26:01,960
you can't track where it's going after

624
00:25:59,520 --> 00:26:05,279
that so in that Essence they make it

625
00:26:01,960 --> 00:26:07,360
illegal um but where there's a will

626
00:26:05,279 --> 00:26:09,600
there's a way I mean there's still non

627
00:26:07,360 --> 00:26:12,399
kyc exchanges there's still crypto to

628
00:26:09,600 --> 00:26:15,440
crypto exchanges that are you could lie

629
00:26:12,399 --> 00:26:17,159
or whatever about your jurisdiction uh

630
00:26:15,440 --> 00:26:20,960
they they

631
00:26:17,159 --> 00:26:22,360
will never I don't think they like it

632
00:26:20,960 --> 00:26:23,520
doesn't matter if they make it illegal

633
00:26:22,360 --> 00:26:25,600
that's actually why we build these

634
00:26:23,520 --> 00:26:26,880
things at the end of the day they're

635
00:26:25,600 --> 00:26:28,720
going to want to make it illegal they're

636
00:26:26,880 --> 00:26:30,520
going to want to

637
00:26:28,720 --> 00:26:32,360
uh attack anything that goes against

638
00:26:30,520 --> 00:26:35,960
their current power

639
00:26:32,360 --> 00:26:37,880
system um but yeah so it doesn't matter

640
00:26:35,960 --> 00:26:39,679
because if I still send a transaction it

641
00:26:37,880 --> 00:26:40,679
still gets to whoever I'm sending it to

642
00:26:39,679 --> 00:26:42,919
and that's all that matters at the end

643
00:26:40,679 --> 00:26:42,919
of the

644
00:26:43,080 --> 00:26:48,520
day all right um if we don't have any

645
00:26:45,880 --> 00:26:50,440
more questions I think we need to get

646
00:26:48,520 --> 00:26:52,440
right over to the the next speaker

647
00:26:50,440 --> 00:26:54,600
because all the power out of just put us

648
00:26:52,440 --> 00:26:57,159
put us behind a little bit uh thank you

649
00:26:54,600 --> 00:26:58,600
so much for speaking that was great hey

650
00:26:57,159 --> 00:27:00,159
thanks so much man I appreciate it the

651
00:26:58,600 --> 00:27:02,760
talk went a little bit quicker than I

652
00:27:00,159 --> 00:27:04,919
expected uh but I appreciate the time

653
00:27:02,760 --> 00:27:07,480
and it's 3:30 in the morning night time

654
00:27:04,919 --> 00:27:10,399
so I'm going to hit the H all right

655
00:27:07,480 --> 00:27:12,760
thanks again perfect thanks guys yeah

656
00:27:10,399 --> 00:27:12,760
have a good

657
00:27:15,940 --> 00:27:25,690
[Music]

658
00:27:26,520 --> 00:27:36,180
night

659
00:27:29,500 --> 00:27:36,180
[Music]