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Language: en
AI to cure all diseases in the next 10
years one expert would have you believe
it a breakthrough in biology reveals a
novel protein that could make long space
travel possible but elon's latest
Starship launch ended in a fiery rain of
debris Trump threatens Russia with
sanctions over Ukraine but the EU comes
together promising 800 billion to 1
trillion USD and Aid to Ukraine marking
Europe as a potential Global superpower
On The Rise big coin strategic Reserve
is now real a Rogues gallery of guests
worked the podcast circuit this week
with SPF on Tucker Ian Carol on Rogan
and Tate on pbd people freaked out but
still tuned in and as Hollywood faces an
AI apocalypse one writer tries to wake
the industry up the world is still
driving in the fast lane Drew tell me
about it what do you see I'm just glad
we're going to be able to travel in
space now cuz this anti-radiation
treatment is going to be big but big
breakthrough in AI news and I like that
we're taking the scientific approach to
it CU we're so used to AI breakthrough
new robot AI breakthrough new like llm
but no it's like this is what AI is
really going to be used for um so
starting with it Google just released
Google scientists it's still in like
early beta it's not fully available to
the public yet but we had a tweet from
Dr
unas said just like that uh the
mind-blowing AI model that led me to the
claim below was a demo of Google AI cos
science it's still still a work in
progress and I hope to test it in a few
weeks but it's potential its potential
is already crystal clear and I believe
it to be a truly GameChanger for
scientific progress and what he claimed
two days ago was after what I've seen
today related to an AI model that I
can't talk about it yet I can
confidently claim that the scientific
process will never be the same again I
am now 99% certain that all diseases
including cancer will be cured within a
decade exponential advance in AI is
real this to me is extremely thrilling
two your point this is a lot like
mindset you develop a mindset so that
you can point it at the most difficult
problems in your life you develop AI so
that you can point it at the most
difficult problems that we are trying to
solve uh in humanity so so much has been
made of you know do they end up
replacing all the humans do they become
this threat that we have to worry about
and the reality is the reason that it's
worth pursuing despite that there is
some level of risk that those things do
happen is that it really is going to
allow us to have the kind of innovations
that we would otherwise never be able to
see human biology is so wildly
complicated like if you've ever seen the
kreb cycle broken down and that's just
what happens in one cell to generate
energy it is insane it is insanely
complicated and when you see the full
thing mapped out you really begin to
understand why biology has styed us for
so long and why it's so hard just to
understand like basic facts about what
you eat and what the impact is of what
you eat AI however can look at a set of
data and see things that we don't see
its ability to pattern recognition
over millions billions trillions of
parameters is absolutely insane like
there's one thing we never talked about
this because just not enough information
is out yet but a really fascinating
thing is AI can look at a human eye
completely isolated like just the iris
of the eye they can tell you if they're
male or female but we don't know how so
we don't know what it's picking up on
but forever has been this thing hiding
in plain sight that reveals the gender
of something and we just didn't know but
AI was like oh by the way I can tell you
that that's male or
female these are the kinds of things and
far deeper far more profoundly important
uh the kinds of things that AI will be
able to pattern recognize this way to
solution so first of all there's a
concept in biology that people should
familiarize themselves with which is n
of one so uh when you talk about
something being an n of one you're
saying that there's only one of the
things like this so when you're talking
about diet everything is going to be n
of one so it's actually more important
for you to test on your own body how you
respond to uh like if I eat a bowl of
blackberries I get a very noticeable
spike in my glucose but there's another
person here uh when they eat a bowl of
blackberries it almost doesn't register
and I'm like how is that possible so n
of one it has to do with your genetic
ability to deal with or not deal with as
Maybe the case um with the glucose in
that and so it's not working its way
into the bloodstream it could be in
their case being rapidly stored as
fat um or their insulin just may be
really efficient at getting it out of
the bloodstream so even before it can
accumulate it's just being um pushed
into the cells so and not to mention
microbiome and how much of the glucose
is actually able to pull out of the um
Blackberry in this example so who knows
what's actually going on but that's n of
one this is why you can't just go well
soand so Fitness influencer tells me to
do this and therefore it's going to work
like I have a massive inflammatory
response to Sugar so people that are
like well If It Fits your Macros bro I
can stay lean as hell but if I eat even
like a bunch of strawberries I can feel
it in my hands strawberries man I'm
talking like three or four strawberries
I will notice the next day in how my
hand feels so n of one n of one n of one
and do not listen to people that tell
you that that isn't true that is for
sure true and AI is going to be able to
do things in cancer like saying hey with
your genetic makeup with the very
specific makeup of your cancer and the
way that your body is responding to
certain treatments this is exactly what
you should do yeah and I remember Steve
Jobs when he passed away he said I'm
either going to be one of the last
people to die of cancer or one of the
first people to survive from these he
didn't call it n of one but from these n
of one tailored um treatments that are
very specific to me my type of cancer
the way that my body's respond
responding and unfortunately that was
many years ago and we have not seen the
rate of progress that we would want to
see but what our man is replying to is
that now with AI that was the missing
piece to be able to read just so much
more information about all the very
complex ways that things respond broken
down to the end of one individual yeah
and I think the rise of quantum
Computing is going to help that as well
cuz it's the maze illustration is what
really kind of locked it in for me where
class Computing human thought has been
let me go through this maze oop I hit a
wall let me go back go through over here
hit a wall whereas with Concept
Computing there's six different legs
going out and trying every possibility
all at once or 10 million yeah it's
crazy or the a trilli a quadrillion
cubits like the number is just endless
scaling so I think going through the
iteration process the scientific method
is going to be done instantaneously
versus now it takes six weeks to get to
a trial and come back and try it again
so yeah call back to our most recent
episode um Drew isn't just throwing
numbers around uh there was a recent
breakthrough out of China that showed
that when this thing is carried out into
a computer and it's very important to
point out with Quantum Computing we are
not there yet but they're having these
breakthroughs and their breakthrough
showed that when stabilized and actually
able to put into a computer it would be
a quadrillion times faster czy than the
current supercomputers um also following
on what you're saying the method by
which computers do the run the maze is a
great way to think about it it's very
different you wouldn't use quantum
Computing for the same things that you
would use a traditional computer for
it's very important to understand but
whenever there's like branching
possibilities and biology being a great
example of something where it's like
okay there are so many complex paths
that these things are going to go down
to be able to run a lot of different
scenarios okay what if this what if that
what if this uh you start getting into
things like protein folding where now
you can guess at all the different ways
that a protein can fold and then all the
different cuz people talk about these as
being lock and key all the different
lock formations and all the different
key formations that it could go into and
you can run all of that simultaneously
and that's the big promise of where we
go with Quantum Computing again most
people are saying this is probably still
10 years out um but you need the
breakthroughs that we're starting to see
are actually happening yeah and then
there's actually some biological
breakthroughs happening in the real
world so couple those up and we're we're
on the onto the running off to the
running um a protein from terrades can
now protect human cells from radiation
so terrades is like a slug type
formation the creature we just threw it
up on the screen so how much do you know
about these things 0% okay so the thing
that got people excited about these from
a radiation perspective is you can they
can survive being on the hole of a ship
go out into space do whatever it's going
to the vacuum of space and come back and
they're still fine and so people were
like what so that I think I don't have
the proof of that but given that that
was already on my radar I have a feeling
they specifically sought this out
because of the fact that it's proven
that it can exist with no protection
from radiation whatsoever uh and still
live not to mention the obscenely low
temperatures yeah pretty fascinating
they survive by expressing a unique
protein damage suppressor duub that
binds to the DNA and it physically
Shields it from radiation induced brakes
so now they want to pair that d sub to
human cells using mRNA encapsulated in
Nan particles people with mRNA that is
the bad news a yeah it's a buzz word but
biologically it sound so with that being
said it would then kind of Shield us
from cancer treatment radiation it can
like you said space travel is also on
the timeline so there's a lot of other
things once we can have ourselves not be
impacted by radiation that we can do
different power sources different things
that humans can then be placed in and I
can will you alter your DNA like when
that comes online would you be like yeah
me
up yeah if I need if I have a need for
it yeah I don't know if I'm about to get
on that spaceship and head to Mars yes
otherwise probably not my mom is a nurse
and she's she's the most anti- medicine
person I ever know but but she works in
the health field she always says like
there's no easy surgery there's no
simple surgery there's no non invade
like every time you're getting cut open
you're exposing yourself so save it for
when you really really need it so ever
since then that was me I was like if I'm
about to die and this is going to save
me I'm not going to be like no pray for
me but at the same time
I'm not going to just volunteer like oh
there's mechanical arms let me go arm
wrestle real good now like it's just not
yeah it's interesting so I was um I went
to Michael M shout out to Michael for
having me on a show recently don't know
when it airs but um it was a lot of fun
and he took me out to dinner with him
and some of his friends and a bunch of
them have gone to a service to have
their DNA altered which I'm almost
certain Michael has talked openly about
if he hasn't I'll be sure to edit this
out uh but
I was like okay I don't know if I will
do it but I won't be an early adopter so
I'm going to need to see a lot of people
go through these systems to see if there
are any unintended consequences uh
because woo buddy altering my DNA
certainly makes me very slow to uh
activate that one because there is no
free lunch man there's no free lunch so
we'll have to see how this stuff plays
out but it is very exciting I this is a
technology that I really want want to
see mature between crisper being able to
actually go in and edit the um words
essentially in your DNA so that you can
make specific changes and again AI being
able to handle the complexity of what
are all the KnockOn effects that that
thing could um have by making that edit
uh and then things like mRNA technology
being able to go and inject itself into
a cell uh it is thrilling I mean this is
really exciting but there's going to
need to be some safety testing I think
we learned our lesson uh from covid you
don't want to do these things without
the safety testing but this this kind of
thing gets me absolutely thrilled and so
I would be very sad to see people throw
that baby out with the bath water think
of it as a technology we didn't
necessarily use it in the right way
during covid maybe just a little too
fast not looking at the safety
implications but as a technology the
ability to actually go in and edit our
CS is is going to be incredible now
there's a lot of ethical implications uh
but it's something that has me Peak
excitement yeah we shall see um SpaceX
did a launch yesterday and unfortunately
didn't go as Elon must planned this was
a video of debris circling over the
Bahamas um and Kyle kolinsky had a spicy
take the complete fraud Elon mus had
another massive failure and he demands
control of air traffic control for the
entire country this idiot should be in
prisoned he should return the 38 billion
he sto from us taxpayers I'm just going
to put Aster this tweet is giving Trump
Vibes and I just wanted to say that
that's hilarious to me
that's interesting so remember uh you go
far enough in either direction and you
just wrap back around on each other to
the same people yeah so um here's why I
hate everything about that tweet so the
reality is
that you have a guy that has
successfully surpassed the US government
in its ability to send things into space
95% of all the tonnage of things
launched into space and I don't mean by
America I mean globally 95% of the T
tonnage is done by one company Space X
so they have actually figured out how to
safely do things in space we right now
have astronauts stuck at the
International Space Station because no
Boeing made a um space shuttle that
everyone just agreed it's not safe
enough we we cannot send that back up
there to get them and so Elon is going
to be the one that goes and gets them
and so in the face of all that success
like even when you hate somebody and
we're going to um I won't parallel that
even if you hate somebody we'll leave it
at that uh that doesn't mean that they
aren't good at something it doesn't mean
that they don't have great ideas it
doesn't mean that we can't all benefit
from that so I'd like to uh quote Bruce
Lee you take what works you discard the
rest so if you hate elon's politics fine
but trying to make out like the Starship
exploding is somehow bad or catastrophic
the reality is this is a physics of
progress at work so you build Starship
to the best of your abilities because
it's an advancement over the things that
he can do
reliably uh and you try and you see
where you fail so that you can get
smarter so that you can build it a
little bit better so when they launch
this Starship they knew that there was
some relatively high percentage chance
that it would experience a rapid uh
unplanned disassembly I think is how
they refer to it and so this is a part
of that and so when I see somebody rail
against this these are the people that
make kids terrified to fail failure is
the most information Rich data stream on
planet Earth the way that you get better
at something is by doing it by engaging
with it and realize oh that way didn't
work but it didn't work for this exact
reason I need to make an edit and then
try again and so when we clown on
somebody because we don't like their
politics or whatever and say oh this is
just a he doesn't know what he's
doing it's like what are you talking
about nobody in human history as far as
I know even if you aggregate everything
that came before like the amount that
he's sending up now just it certainly is
at a pace that dwarfs everything else he
may have even this is admittedly a guess
but he may have even already outstripped
everything that we've put up previously
I mean his satellites are visible from
Earth man like you can watch them go by
people report them as alien craft all
the time that's how many of these things
these massive um clusters starlink has
put up using SpaceX it it is UN which by
the way are both his companies uh so
it's just absolutely insane and is a
nonfunctional way of viewing the world
it gets clicks and so if you want to
like clap for Kyle as somebody who's
very good at generating outrage and
getting people to comment on his stuff
hey hey well played my man uh but if
you're trying to figure out how to Think
Through the world in a way that has high
predictive validity he's not your man
definitely not your man uh you know what
else that's not my dog um economic my
dog this is crazy technology I like we'
seen this already Black Mirror already
released this we already know how this
ends I just like we keep setting oursel
up with these robots and I keep telling
y'all like we going to find out but yes
robot dogs with missiles is now a thing
we were already worried about the robot
dogs with machine guns now these he got
a four missile pack like surface to air
man that looks like a a one of like war
machines like wrist Gauntlet type like
it's crazy dude this is the future of
warfare extremely Nimble AI enabled
weapons armed hot and ready this for
many people this is the Nightmare and I
think it sounds like you may include
yourself in that y for me this is
exactly what you need to do you are in a
dangerous world where people are going
to be doing this on the other side and
if you are not able to defend yourself
from this you're in trouble the days of
gigantic stationary Weaponry is over you
this is such a huge advancement and I
was listening to um karp I forget his
first name but he said that it is very
easy to make a moral argument for there
are times where you have to kill the
other side and that is just true man and
you certainly add an absolute minimum
have to have the ability to defend
yourself against somebody that's trying
to kill you and so so this kind of thing
for me even though I share with you the
tragedy of The Human Condition which is
that we fight and kill each other but
knowing that I live in that world I am
going to protect myself and so seeing
the advancements that we're making uh is
really incredible because America after
World War II got to tell itself a really
incredible story about our manufacturing
might and how there's the famous line
from the Japanese um
General Admiral I forget exactly what
his rank was but uh he said I fear that
we have awoken a sleeping giant in by
bombing Pearl Harbor and he was right
and we just out manufactured everybody
and we're not that America anymore and
so when I see somebody like Palmer lucky
and I think this is actually Chinese by
the way what we're looking at here so
this is technically what you have to
defend against but uh when I see
somebody like Palmer luuy who gets it
like this is where we
are I want everybody to wake up up to
the truth of the world they live in the
truth of where excuse me where our
weapons are going and make sure that we
are prepared to handle it I'm
increasingly hoping for the Alien
Invasion just because I feel like a like
we need to partner with our humans and
figure out shared camaraderie again and
love each other again it's never going
to happen we mean
again Define again uh after we all
killed the Nazis and everybody agreed
that there was one good guy and one bad
guy and everybody shook hands that's not
true the bad guy thought he was a good
guy this is why the Berlin Wall stayed
up for as long as it did I mean it's you
want a flashback and PS this is all
happening ma China Rises up not long
after World War II and starves
his people to death dude 40 to 45
million people die just in the famine
man-made by the way uh so yeah we people
often think because the West had
retracted peace and only a cold war
which was bad enough but certainly
better than a hot War but Stalin was
killing people as fast as he could ma
was killing people faster than anyone
would ever think possible uh so America
had a great Europe got rebuilt had it
great uh Japan got rebuilt had it great
but yo there was more death in the 20th
century post World War II uh than like I
think in a pure number not as a
percentage but as a pure numbers
perspective I think than any other time
in history that's why when people look
at the 20th century and they're like oh
my God this was amazing it's like bro
this is why people like me are freaking
out when they hear people embracing
socialism communism read about ma it is
crazy town it's crazy it does not go
anywhere good so the idea of do I wish
that humans ran a different algorithm in
their brain and that they felt a deep
and profound sense of UN
yes that would be amazing but we don't
run that algorithm I mean that that is
an algorithm but always running next to
the US algorithm is other algorithm and
so yeah the whole the reason that an
alien invasion works is you focus all my
desire to kill in Conquest on an alien
but we're still doing the same thing to
them we'll be back to the show in just a
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let's get back to the show oh yeah I
don't know those aliens um
welcome to what US versus them looks
like boys and girls and uh well Donald
Trump is doing his his best to keep the
peace that was factious say that was not
a sentence I expected based on the fact
that Russia is absolutely pounding
Ukraine on the battlefield right now I
am strongly considering large scale
banking sanctions sanctions and tariffs
on Russia until a ceasefire and final
settlement agreement on peace is reached
to Russia and Ukraine get to the table
right now before it's too late
uh thank you um I love the thank you at
the end with three exclamation points
yeah your keyboard is running out of gas
right now bro like you just you
eventually somebody's gonna call us
Bluff he GNA have to kill somebody and I
hate that it I'm saying it like that but
you Tweeting tough to Hamas you Tweeting
tough to Russia like it's not getting
those results I feel like yeah yeah I
mean we were talking about this in the
last one this one doesn't ring that way
to me this one feels like the kind
of this not the kind of rhetoric that I
want to see but for Trump this okay at
least now we're talking about economic
Warfare versus the actual escalation of
hot Warfare so this one does feel to me
like we're negotiating out in public so
Trump is saying the things in public
that he needs to say to make sure that
Putin knows that hey if you're not if
you're going to become the problem I
just had to do all this with
zalinsky to try to get him to to be
prepared to uh make concessions if
you're not willing to make concessions
then I'm going to unleash the double
barrel of the economic sanctions now the
problem is you have slow stepped
sanctions you being the US government
not only um Trump but we as the US
government has slow stepped the
sanctions on Russia to the point where
they've been able to harden themselves
against it to find ways around it so
there's no doubt that um we put some
hard ship on them and there are experts
that believe that their economy only has
call it a year or two years left before
they're really going to be in Dire
Straits that they cannot afford to keep
this war going I don't know that that's
true but that's certainly um being
talked about in Syria circles we'll see
um so it's possible that another round
if he's really going to be aggressive um
could but here's what I think would have
to be true for these sanctions to be
useful he would have to sanction the
purchase of oil and natural gas from
Russia period full stop because the
reasons that these sanctions have been
so weakened and by the way um we did an
interview with Edward Fishman who uh was
the former lead at the state department
actually engaged specifically with
Russia um he was sanctioned by Russia
himself he literally was sanctioned by
Russia you are correct um and had him on
the show talking about are the tariffs
going to work are sanctions going to
work and he was saying like if you do it
you have to go all the way and if you
don't then you can put them in a
position much like he uh likened it to
antibiotics if you use an antibiotic but
stop before you kill it all the way dead
then the ones that are alive are the
ones that are resistant to the
antibiotic and so what we have right now
is a Russia that became immune to the
antibiotics of the sanctions because the
thing that drives their economy is oil
and natural gas and because Europe was
like oh God we can't stop buying this
stuff from them because it would spike
our energy cost too much
um you would have to find a way either
and if I had to guess this is what Trump
is thinking between the US and Canada
you're going to be able to if you end
the green policies you're going to be
able to create enough um oil and natural
gas between just what we can do and then
Supply that to Europe be great for
America be good for Europe to be able to
wean themselves off of Russia um and if
you can get them to start doing less
green policies what I'll call more
sensible policies cuz I get the impulse
to want to go green but it's just not
there yet from an economic standpoint
stop weakening Yourself by having to
subsidize People's Energy bills uh just
start leaning into nuclear start leaning
into if they have I don't know enough
about Europe's uh ability to get oil and
natural gas natively uh but certainly us
being able to export them leaning into
um reverting to their policies before
that certainly leaning into nuclear okay
so if that if you do that and then then
you sanction the life out of Europe and
tell any country that wants to buy oil
and natural gas from Russia that we're
now going to sanction you so if you're
Germany and you're buying oil and
natural gas from Russia when you could
be buying it from us or Canada that
we're going to sanction the life out of
you if you did that I'm not saying we
should but I'm saying if we did then
that could
conceivably damage Russia's economy so
horrifically that they would be forced
to come to the table now to your point
about Trump has to your words shoot
somebody kill somebody whatever the
exact phrase was doesn't necessarily and
this was one of the things that um
Edward Fishman goes into is if you do
economic sanctions or economic Warfare
well enough you can tople a government
without firing a single shot so it is
possible that this one would actually
work so while it's you know more big
talk from Trump um if what I laid out is
actually what he has in mind it could
work so we'll see
we'll see EU on the M on the other hand
is uh beefing up their defense spending
committing to 800 billion to1 trillion
US Dollars those are US dollar sums in
defense spending to make a new Global
superpower I want to say a European
joint um and this is why this the to
activate the national Escape Clause of
the stability and growth pact this will
allow member states to significantly
increase their defense expenditures
without triggering the exessive deficit
procedure so if member states would
increase the defense spending by 1.5% of
GDP on average this could create fiscal
space of close to 650 billion euros over
a period of four
years the second proposal will be a new
instrument it will PR provide 150
billion euros of loans to member states
for defense investment this is about
basically spending better and spending
together and we're talking about
paneuropean capabilities domains like
for example air and missile defense the
artillery systems missiles and
ammunition drones and anti-drone systems
but also to address other needs from
cyber to military Mobility for example
this will help member states to pull
demand and to buy together and of course
with this equipment member states can
massively step up their support to
Ukraine so immediate military equipment
for Ukraine okay this this makes a lot
of sense to me it is uh it is a fast
fasinating consequence of the way that
Trump has been behaving on the world
stage that what you're seeing is Europe
come together in a way that quite
frankly they ought to be now I would
love to see Europe coming together in in
a way in a way that aligns with America
I don't love that this is being born out
of them feeling like Trump is fickle but
at least they are coming together um
they obviously there is a very
compelling argument to be made Jeffrey
Sachs would hate it but there's a very
compelling argument to be made Europe
needs to worry very much about a
territorially um aggressive Russia that
they will be pushing into uh
traditionally Soviet era areas and
trying to reunify them everybody's got
their eyes on Poland uh I think that the
right way to look at that is um look if
they've struggled this hard with getting
into Ukraine uh the odds of them being
able to steamroll Poland are very low
but at some point you have to draw the
line in the sand and it seems like
that's what Europe is leaning towards
that the Line in the Sand is Ukraine and
if America's backing out then forget it
we're going to engage we're going to
come together we're going to offer this
funding in order to make sure that the
ukrainians can continue this fight
because we absolutely cannot concede to
somebody that's trying to um push their
will violating the world order that you
were referring to earlier as this peace
time where we just in the west said you
don't get to do territorial Acquisitions
just because you're stronger that all of
us are going to push back on you now
that I would love to see I would love to
see people saying yeah we don't do the
violent overthrowing of a Nation just
because we can um that is definitely a
world that I want to continue to live in
where people do not do that but it does
become a question of at what price and
you get into the realities have to be
faced and this is a debate that really
needs to rage on and should not be shut
down from a First Amendment standpoint
you need the debate of who's right about
why Russia invaded Ukraine is the
imperialist and he has territory um
acquisition dreams that are just part of
this national identity and this belief
that we're stronger and we need to
reunify uh the former
USSR or was this entirely based on
provocations of the West constantly
moving NATO closer and closer to their
borders because remember NATO was put
together to keep Russia in check and so
Russia's like hey remember the Cuban
Missile Crisis that was you guys having
a beef with Russia bringing nuclear
capabilities to your doorstep you didn't
like that so much so that we only
narrowly avoided nuclear war but I'm
supposed to just sit here as you keep
making more and more countries closer
and closer to my borders members of NATO
like if if Ukraine became part of NATO
we literally have a border now with a
NATO country we're we're not going to
stand for that there has to be some sort
of buffer zone that debate needs to rage
I'm not saying I know the answer I'm
just saying that debate needs to rage
like we need to let people pull out as
much information as possible come up
with as many testable hypotheses as
possible so we can really begin to zoom
in on what this is but no matter what it
is Europe being able to protect itself
Europe allocating their own dollars to
being able to protect themselves Europe
just being together in lock step is
going to be by far the greatest um way
for Russia to have whatever Tendencies
they have kept in check now now it does
bring questions back to are we now going
into a tripolar world where you've got
the US with its sphere of influence
you've got China with its sphere of
influence and now is Europe going to be
forced into playing the hand of I guess
we now have our sphere of influence it
might it might and uh I don't have a
strong take yet on whether that's a good
or a bad thing but I do know that the US
playing World Cup did not have only
positive consequences so it
might don't feel strongly yet it might
be better I would just love for them to
clean up their own backyard um and leave
us out of it so I'm glad that they're
taking steps to do that it's cool to
make a budget though and it's cool to
form coalitions but everybody thinks
they're going to win until they're
actually in the war and push come to
shove if we still have to go and then
bail them out then they just spent a
whole bunch of money for us to do the
same thing that we could have done from
day one so we'll see how it plays out
but it's a interesting worst case
scenario there as well why do you say
worst case scenario because they're
spending all this money and then if it
it turns out to be Moot and not enough
and they don't have the capabilities for
war well I iton just because you spend a
lot of money doesn't mean you're like
going to win a Wars meaning that they
might still lose yeah for sure but if
you throw a trillion dollars even mildly
intelligently that's another trillion
dollars that Rush has to fight through
so you will at a minimum weaken them
from a Manpower standpoint you will
weaken them from an economic standpoint
uh and if you get the onetwo punch of
Europe comes together spends a trillion
dollars helping Ukraine fight and the US
looks at that and goes hell no and puts
all these crazy sanctions uh on Russia
and remember many of those sanctions
will look like us punishing European
nations and other countries for buying
their natural gas and oil um if you do
all of that together then you if you
meaning
disrupt Russia's sales of oil and
natural gas they're they're really in
trouble like really really in trouble so
I don't think they would be able to
survive that War I think that really
would if America is prepared to make
good on that uh I think that would bring
a pretty Hasty end to the war copy and
in other political news president Trump
officially signed the executive order to
establish a strategic Bitcoin Reserve uh
David set put out this tweet as his as
the announcement um just a few minutes
ago president Trump signed an executive
order to establish a Bitcoin strategic
reserve the reserve will be capitalized
with Bitcoin owned by the federal
government that was forfeited as a part
of criminal or civil asset forfeiture
proceedings this means it will not cost
taxpayers a dime I know you're excited
about that part yeah buddy it is it is
estimated that US government owns about
200,000 Bitcoin however there has never
been a complete audit the EO directs a
full accounting of the federal
government's digital asset Holdings the
US will not sell any Bitcoin to osit
into the reserve it will be kept as a
store of value the reserve is like a
digital Fort Knox for the cryptocurrency
often called digital uh digital gold
premature sales of Bitcoin have already
caused taxpayers over 17 billion in Lost
value now the federal government will
have a strategy to maximize the value of
its Holdings to get to that 17 he to he
brought up an example of how we we sold
off around 13 3300 million of Bitcoin
that we forfeited from uh civil and
criminal proceedings and if we would
have held on to that it would have
bloned up to $17 billion wow um your
thoughts on the Strategic Bitcoin
Reserve yeah I mean look I because we
didn't spend money to buy it we just
already have it and now we're just
saying we're not going to foolishly sell
it that I like um obviously as a holder
of Bitcoin I love it because it just
further shows The credibility that this
asset has been able to build up I think
he would be very hardpressed when the um
most successful government the largest
economy for the most part um has backed
it and said okay this is a real store of
value and we see enough upside future
potential that we think it is an
absolute mistake to sell this stuff off
um that sends a very clear signal to if
nobody else to a kid right now that's 12
years old and they just live in a world
where oh I just hear in the background
this thing matters I see it as a Ticker
on you know when my parents are watching
the news so they're just growing up in a
world where we now have a strategic
reserve of Bitcoin
uh we now have um Bitcoin tickers that
pay attention to the price it will
become a part of what news shows talk
about so it will just be the thing it
will be the water that kids grow up in
and so given my whole thesis about
Bitcoin is that tomorrow will be more
digital than today and therefore that is
going to continue to increase in value
this is a pretty big moment for that and
there's a reason why people have wanted
it now the reason I don't want the
government necessarily spending money on
it I Leave myself a bit of an out
because there are certainly scenarios
that I could paint where I'd be like
even though I think this is gambling
it's a reasonable way to gamble but that
would take a very specific set of things
to be
true but for the most part I don't want
to see the government spending money to
buy assets I want to see them leveraging
assets that we already have so whether
that's oil and natural gas uh whether
that's Timber whether that's Bitcoin
that we've already seized things like
that yay um but yeah going out and
acquiring assets is where I get a little
bit uh less if we can get shares from
TiK ToK by getting the deal done that
one really lands smack dab in that great
area for me where I'm like do I want the
government getting involved in that and
negotiating like that I don't know I
don't know is the honest
answer only time will'll tell now
hitting a podcast circuit um sand Banker
freed was on with Tucker Carlson and
this moment kind of stood out to you I'm
GNA play the clip and then we'll talk
about it so you were famously identified
with a worldview and ideology maybe even
a religion called effective altruism and
the idea was that it's I understand that
you you know do the greatest good for
the greatest number you make money in
order to help the maximum number of
people and some have pointed out the
irony that in the collapse of your
company like a million people lost money
um so there were a lot of individuals
hurt in an effort that you described as
like the greatest good for the greatest
number and I wonder if all of this has
made you rethink the precepts of
effective altruism it hasn't made me
rethink the precepts obviously I feel
terrible about what happened it's not at
all what I intended and what everyone's
intentions are I you know if you screw
up then the results might be different
you people have their money back at the
end
okay so judge things by the fruit that
they bear that that sums up my whole
thing about if you want to know whether
you did something right or wrong you
need only look at assuming you have an
honorable goal okay you have an
honorable goal did the things you do get
you to that honorable goal yes or no if
yes great you did the right thing if no
then you did not do the right thing this
obviously does not work if your goal is
fundamentally um grotesque but so
assuming that you have an honorable goal
um
so if effective altruism in reality does
not bear the fruit that it should on
paper like communism like socialism then
you've got to say this just doesn't
work now this situation is very
complicated drugs were involved hubris
was involved yada yada but that's the
reality of The Human Condition and so
expecting people uh to make honorable
decisions when they only think the final
outcome matters forgetting that they
can't control the final outcome you you
get problems and so to me this is
a what I hear him saying is well but on
paper it's still awesome there are a lot
of things that on paper are awesome but
all of us myself very much included have
got to look at well but in practice is
it awesome and this needless to say was
not awesome in practice all right now
let's CE up this Destiny clip uh my man
Eric we're about to play it soon so for
context yesterday on Destiny stream he
reacted to his interview with Tom you
guys cover tariffs inflation and this
was right around the election so this is
when Trump and Harris were NE to neck
and we didn't know who was going to win
so just for context how and I have
legitimately not seen so this is a live
reaction of Tom being reacted to even
when I bang on the table and say I know
this I understand this and everybody
should listen people should merely take
it as a data point that allows them to
build a more cohesive world please he
played it oh he's playing that's
hilarious got it don't have all the
right answers I don't want anybody to
treat like I have the right ansers
everybody need to think for themselves
no one is coming to save us we want to
map the world as it actually is okay
only thing to talk about is this this is
him clicking around inflation the second
you money you are
me so my on teros is that most
of his posturing that he's gonna do it
selectively and if he doesn't and he
really doesn't cross everything he's a
already more but he did
teros reasonably well didn't though just
increased the cost of goods in the
United States where you want to do that
so take the chips for instance if we're
really trying to onore things or take
things that are uh weapons manufacturing
anything that's in that chain even if
it's slight more expensive for us to do
it uh domestically we need to do it
because I think again I think and nobody
I do not want to be dictator very much
because I think I'm very fall uh but it
is odds that we're moving towards
conflict with China the last thing I
want are my artillery shells or bullets
or whatever to be hamstrung by their
ability to produce I think that's fair
and I think that there are National
Security argum you can use for terrorist
uh Trump very rarely makes these usually
makes econic arents for but what you're
talking about they would say you do say
we'll probably pay a little bit more for
this but it's probably worth final SEC
applications I agree with that for sure
across
age we're saying that suggesting the tax
real which I'll bet you here now we you
know $5,000 $1,000 will never happen
because it's such a stupid policy all
forms of wealth tax financial
transaction tax unrealized gain taxes
are untable for a billion different
reasons okay I know it will happen um
even so I again I have not I don't
remember the rest of the conversation
that we had but that's going to go
something like um well when she puts
forward absurd policy it's just never
going to happen when Trump puts forward
absurd policy well you have to actually
take that seriously so remember this was
recorded I had no idea what Trump was
actually going to do with his tariffs
and I kept saying in the interview if he
doesn't across the board tariff that's
dumb so anyway keep
okay even if she might have flirted with
I don't know talk but so we're saying
that she will do that we're gen
concerned about that but we're not
genely concerned about Trump doing the
only economic policy that he's given
he's basically running on that he's
shown indications of and has done a
little bit in the past because one I've
seen what four years under Trump looks
like and it that for everything that you
care about it was horrible he spent like
crazy printed money like crazy oh he did
on that they're both I don't understand
how people are so resistant they'll say
the things it's not just this guy by the
way because it was the guy that I talked
to last time and the guy before Richard
and the the the law um Tik Tok Guy where
they'll say like I care about this thing
I like okay wait wa wait hold on you
said that you care about this thing
right it's the guy is like my favorite
person in all of human history is OJ
Simpson okay hold on let's go back what
are the things you care the most about
again um I hate people that play sports
and I value the lives of white women
more than anything else in the world
okay wait wait wait wait wait wait wait
hold
on and I'm racist wait hold on wait wait
okay well wait I feel like isn't okay
wasn't he like a football player though
okay maybe okay what about like the
whole like murder thing sure okay maybe
past performance is not an indicator
future paper okay and then also isn't he
black it's
like that means a lot of things it's
like okay wait so and then the the
comparison is like like to like Bill
Gates or some like white nerd unathletic
it's like okay make this make sense for
me here is you have two opposing World
Views so he is looking at me as somebody
who is on a team and that I'm saying um
Trump can do no wrong and
when if you because he said like this is
your favorite person in the world at
obviously just making an example Trump
is not my favorite person in the world
um I was sad that Trump was the only
option that I considered reasonable he
was not the person that I want I did not
want to be choosing between KLA Harris
and
Trump uh also with the
why was I quote unquote giving Trump a
pass on the money printing I'm not and
so I've got two governments both of whom
money print like crazy so those
just cancel each other out so the money
printing I'm not going to be like yeah
you got to disqualify Trump on money
printing so that I go to the other money
printer I'm saying if I had a choice
between one government that was like
dude we understand we are driving
towards a fiscal cliff we have got to
back off from that this government will
never money print there is no wa we are
focused on Innovation I'd be like
yes like I want to go to that team but
they both print like Psychopaths so it's
just that those two cancel each other
out so if you want to like if I'm having
to to go back to his example if I'm
having to choose between two people that
murdered people I'm like it's like
okay well it's I'm not going to be able
to make the decision based on that to
Destiny's
point he did say that across theboard
terrce were bad and you like yeah if he
does across board tffs that would be
like crazy and Trump is doing
across the board tffs right now right so
do you hear me going oh my God these are
amazing I'm so glad he's doing across
theboard
tariffs yes wait what do you mean yes
you hear me saying that okay I heard
that you're not saying yes tariffs are
great I love tariffs let's do more
tariffs I said literally if he does
across theboard tariffs that would be
stupid and do you hear me championing
them now or do you hear me being very
consistent with that because my
hypothesis remains that you're going to
put yourself in a position where you are
now playing chicken now admittedly I
don't know how it will play out and the
more I look into tariffs the more I'm
like okay it it has one outcome which is
it will onshore manufacturing which we
need to do but it will also piss off
your trade partners and if you're doing
them as as far as I can tell as um I
think Trump is driven largely by two
things the desire to onshore he is right
about that it is the more I research
about that the more I'm like holy
we have got to onshore some of our
manufacturing MH and then the other is
this like super weird Petty like it's
got to be fair it's got to be fair now I
haven't looked at it enough to know if
we should be worried about like one for
one we probably shouldn't so
it's like that one
is yeah it's probably a bad idea and the
way that he's doing it is putting us in
this super weird position where
now we are racing towards catastrophe in
terms of if he is not able to onshore
enough jobs fast enough if he is not
able to get other countries and
companies to invest in America large
enough fast enough it will have been an
unmitigated
disaster but what I don't understand is
how people think that I'm thinking
through the problem in any way other
than I know where I'm trying to end up I
need to be in a strong position to
protect myself from a hot war with China
which people may want to pretend is not
a possibility that is a very real
possibility and onshore gets us there
oning dude onshoring the most important
elements of our Modern Life from Modern
Warfare which is going to be drones and
semiconductors which guess what China
controls uh Rare Earth minerals for
batteries and like that guess what
China controls so it's like we are in
this super weakened position
and I understand that we have to get an
outcome that brings that stuff home is
across theboard tariffs going to do it
as far as I can tell across theboard
tariffs put you in a very precarious
position and so I do not love that this
is his strategy so will they end up
coming to fruition and let's remember
this is halftime we don't know where
this is going to go yet but dude I am
I'm watching the way that he's doing
this and I'm like if I were advising you
I would not be advising you to do this
and he's already pulled back a lot of
these tariffs the auto tffs um got
pulled back he just also pulled back
some more from Canada and Mexi