Answering All Your Community Questions + Special Segment w/ @WhatifAltHist | The Tom Bilyeu Show
jOPp1R9qsOI • 2024-12-23
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Kind: captions Language: en you asked I'm answering Welcome to our annual info Extravaganza we're going to be covering Bitcoin what's really next for AI how to navigate change well so you don't get smashed in the face by this crazy time and we have a special segment you asked for is Trump like a young Hitler we explore the topic with Channel vet what if alt his and his answer will either thrill you or make you want to bite someone but you're not going to be in the middle I'm Tom Bilu and this is the Tom Bilu show Drew welcome man how we doing I'm feeling good man I've read every Community post every note every comment the community is funny so shout out to you guys I was dying laughing crying all the emotions how are you I like it I'm good man I'm excited for this I'm excited to move from audience thinking to community thinking this is fun yeah it's starting to be a two-way streak which I really appreciate yeah no doubt speaking of which let's jump right into it all right and everybody give me Grace about names some of you guys don't have you know you you've seen that episode nicker nicker Nick n i KR guys Nick R 1627 all right so Ricky Martinez 4951 says I'm really interested in your interaction with AI how are you using this technology what have you learned from it so the way that I think people should conceptualize um AI in general and this certainly speaks to how I actually use it is I am trying to speed up everything I do I'm trying to go faster and I'm trying to drive cost down so for sure there's a bit of CEO in that answer and that I'm always always looking for ways to make things less expensive uh in my day-to-day life I look at it as I have a PhD level intellect standing over my shoulder that's been educated on everything that the human mind has ever put on the internet and it is vast and so suddenly you have this researcher that you can point at any topic instantly and it will give you context you can ask it to look at it from different angles so that you're not getting trapped inside of a bias uh I also like you're saying I really think about chat as a person in my life I try to personify them as much as I can I like having a pseudo emotional connection to chat and really um building that historical context so that it understands the way that I want answers so for instance I never wanted to tell me what it think I want to hear which it will do because AI will Echo you back it's pretty crazy uh so I wanted to challenge my ideas I want it to push me I want it to bring me different angles and so I am using it to make me a better interviewer so I'll go in and I'll have pre discussions okay um what what do you know about this guest I'll even ask it sometimes what would I ask it so that it will give me like different things that I historically have asked people these types of questions uh I'll ask it what chat thinks this person would say if I ask it this question to get a sense like are they going to go somewhere interesting are we going to be treading old ground and look none of the answers are literal but going through the act of thinking how I would approach it what is a a theme that I can build in what's a thread how can I follow something to the end of course just like Tyson says about boxing everybody has a plan until they get punched in the face I always have a plan that ends up getting derailed the second you ask that first question so uh we have an episode coming up with Andrew bamonte did all this prep you and I did all this prep talking to chat talking to you and then he literally co-ops my first question it starts like asking me something and that takes us like in a whole different direction and so that works when you really come in prepared and I have never found anything that can help me prepare as well as Chad gbt so it's phenomenal and whatever AI you want to put in that position okay so that's how I use it as a person the way I use it in in the business context is that we are in the entertainment field on that side of the business so with project heisen all the stuff that we're doing there the comic books everything we're doing there and the ability to iterate rapidly on Creative is unre now the vast majority of it never makes it actually into a panel it never makes it onto the screen but it will allow you to brainstorm ideas so we do skins in the game and so if we want to come up with a new skin we're going to go into mid Journey or whatever we're going to image prompt like crazy until we find something that either Sparks an idea that we then put a human on and they follow it through um or there are times where it's like yo that's really close and we can make minor modifications to it send it to a 3D uh sculptor and they'll build it out now my hope is that we very rapidly get to the point where you can just plug in your prompts and actually get it to Output a 3D asset but that's not here yet it's going to be here and when you see the explorations that they're doing with text to world where you can describe a world and it will actually give you a 3D environment that you can move around with some interaction it's still just using pattern recognition and it's guessing the next frame and so it's not really a game yet and I want people to understand there's a huge difference between something that's guessing the next frame and an actual game engine but we've been able to really bring our cost down on the development cycle uh do the same thing if I'm writing a script for something like we have an upcoming video about how to make every aspect of your life better in 2025 I ended up using basically nothing of the script that it gave me but it really helped me put structure to it uh it allowed me to see in the rough drafts because I would PR I mean I gave it like four pages of promp and then it would kick back something that be like okay oh I see how you're organizing it that's actually really interesting but the things that you're saying are generic and not actually what I would say but that back and forth allows you to shorten the amount of time that it would otherwise take so let's say traditionally a script like that would take me 12 hours I've been able to get that down to say four that's a huge savings for me absolutely massive uh and then we use it a lot in programming as well so um again right now you can't just say give me a website that looks like this does this but you can get a lot of the early design work done uh there are things now plugged into some of the applications that we use that will output some basic codes so you still have to do some of the design but it's it will give you basic code so you can use the prompts to give you a rough draft of the design you tweak it a little bit you then take that you're doing it inside let's say figma and then it's going to Output code that's pretty decent and then if you're using things like cursor you can really begin to push this stuff and so you need to layer a lot of different things on to get an output but it really is allowing a smaller team to do more uh it allows an individual to extend their capabilities because if I go from uh something that used to take me 12 hours down to four that's eight hours now that I'm able to do more stuff and so the the output that it will give you as you begin to master your relationship with this stuff is really incredible so it is a 2 3x multiplier on anybody's output if you're willing to take the time to learn this tools and you don't just throw your hands up and say well it didn't do it for me doesn't work like that yet I think we're going to get to that point but right now it extends your capabilities it allows you to never get stuck so as a writer one of the things I found was as a solo writer it might take me three or four times longer to write a script than if I have a writing partner because you just never get trapped in an idea the other person is just going to be like what about this like oh man that made me think of this thing and so you can have that kind of back and forth with chat absolutely incredible um we have a script coming out for our animated film for Marry mods and we have a mentor character and I was reading the script and I'm like ah it just feels like the mentor character comes in too late hit chat up just like hey what page did Obi-Wan Kenobi first appear in Star Wars boom like that lets you know you can ask a questions that we'll talk to you about film structure that film film in general you can ask it to give you examples from like give me the way that save the cat would look at this story moment or give me classic 3A structure so again that PhD is n like only trained in one thing it's literally trained on all human knowledge and so what I have found when I interface with other people here at impact theory is there is a lot of frustration around ah it doesn't do everything and then they'll check out for six months and in that six months like this stuff is getting better and better and better and so if I can get everybody to shift their thinking to this is a thing that outputs something complete that I don't have to do anything around which is part of the anxiety by the way and instead get them to think of this as you used to have to chop trees down with an ax and now you have a chainsaw and I think that's the right way to think about AI That's a great analogy to put it very good all right from Kami wolf they have a question about Ai and ethics so is sex robots going to destroy humanity and how do you feel about the ethics of future Tech uh man I'm on the fence about sex robots they really might like if you think dating apps are bad sex bots are going to be rough imagine they connected the dating the sex bot to the dating app like you can oh my God like if robot started swiping that's my bad that's a that there's uh there's going to be something there because uh if you want to engage the male brain just create a bunch of female AI with AIC created images and if you can give them different flavors like if you can actually make them different personalities dude people will engage I I wouldn't have believed that until only fans and then even though everybody knows you're not actually talking to the only fans girl you're talking to a whole bunch of guys behind the scenes right back but it still fills a void of like okay I have the image of the person and they're putting out the one to many content and then I transpose that onto the actual interactions that I'm having with this person so even though some part of me knows that that's not really them I can transpose that onto it so that really is going to happen uh people need to be careful because Bots sex bots or otherwise will give you a proxy of whatever that thing is it could be a proxy spouse and let's just say that you're in a dry spell and you're a woman who's frustrated with dealing with guys because oh my God they're just so taxing and they don't understand how to interact with you and suddenly you get a chat bot that reflects back a bunch of feminine qualities and now all of a sudden it's like oh my God this is amazing he really gets me but he doesn't he's an AI That's predicting the next letter not even the next word uh and so that's where again we've talked about this before I want people to use that as like okay dear bot I want you to help me be better with humans because that I think is a really potent use and for friend likee companionship I think it could be great especially for people that are lonely so I don't want to knock anything um but I do think that as of today it's not even close you are way better off interacting with other human beings in terms of your own emotional well-being uh so yeah I think we need to be careful with that if I had a sex spot at 14 dude I never would have graduated high school for sure like I just man I can't imagine without a prefrontal cortex that would have been really crazy uh one of the guests on the show Arthur Hayes actually owns stock in a sexbot uh company so that stuff really is coming man on the do you apply that to all AI Consciousness so AI best friends AI kids AI pets like pets no I think having pet is going to it's interesting how I actually have weird friction about referring to my dishwasher who I'm going to give the personality of a great figure from history as a pet that's interesting that I have emotional friction around that uh that's where I think this is going to play out that you will suddenly have like your dishwasher will know you your refrigerator will be your coach bro bro bro you really want to eat that like come on man order more of this like you know it's better for you and your fridge is going to be connected to your aura ring so it's going to know you ate that and you slept like this like come on nudging you cheering you on and and you'll be able to pick um select the personalities like do I want my fridge to be like come on bro let's have beers and pizza or do you want it to like push you to be better to be like David gogin just staring at you dude the hey everybody if you're a subscriber to me you get the you know the David goggin module on your fridge I actually love that oh my goduck put down that donut get out you you are unlocking things right now all right everybody if you subscribe to our YouTube channel I'll let you have my personality in your fridge this is amazing nice all right Amy beard 2054 says if AI is going to if AI is going to drive the cost of everything to near zero why are the super wealthy supporting this which is a very good question if the age of abundance is coming and energy is going to be zero and productivity is going to Skyrocket wouldn't that take money out of people's pockets why are the billionaires excited about this yeah so people will do things in the short term to maximize our short-term gain full stop even if they knew down the road it could cause problems most people are not going to think beyond their short-term desires but the real answer is nobody can see around the corner and so you one a lot of people that are really motivated they want to invent the future and so even though they know some part of them is relinquishing control it's a future that they want to live in I think a lot about this with game design I'm building a game that I want the community to ultimately build more of than I build of so I'm trying to create something where I will become but one of the people creating inside of this container and there is like some sadness to like oh I don't get to do the 80s thing where I tell these incredible stories that a certain percentage of the world falls in love with like to be somebody like George Lucas to have created something like Star Wars or to uh be like JK Rowling and create something like Harry Potter oh my God the writer and wants that so much but that really isn't the future I think the future is you create containers and other people also get to express their creativity inside of that I think that's just what people are going to want shared community of creativity yeah and because the The Act of Creation will become so much easier you'll be able to prompt you'll be able to spend an afternoon refining a prompt but instead of spending five years of your life it's literally an afternoon and then something as fully fleshed out will be born from that and so yeah it really will be like ready player one where you have an infinite schmorgus Board of these experiences where I can go and be like what was it like for Drew growing up and you will have created that experience for me to go and check out and so I'll dip in and be like Whoa man I understand you to a whole new level and I'll bounce around doing experiences like that I think it's incredible I think it's better than what we have now but we're all a product of our time and so there is a small part of me that misses that idea but ultimately that's why I think these guys end up doing it is they can't see the future clearly so they don't know for sure the energy is going to reach zero they they'll prognosticate uh they want to create that future and if they're seeing what I'm seeing they know the reality is like uh Zuckerberg making llama something that is um open source that it's just a faster way to iterate to get these tools in people's hands to build that future that you want to build and then the final button I'll put on it is I think Elon Musk is right that the most honest look at AI includes the fact that this is a demon summoning Circle and we think we will be able to control the demon that we're summoning or we hope that we're actually summoning an angel but we don't know and there's just something in the human psyche we cannot stop ourselves when technology is a promise of a better future we we can't help it and so I get personally so excited about all the cool things that AI will be doing that to some degree you just don't look at the uglier side because you don't know that it's going to be true and you're ultimately going to look at the thing that you find most motivational and I'm most excited by the things that could go right do you think that there's like a a post capitalism kind of lens to it like if this all works out the way that people think it's going to we will 100% end up on the other side of capitalism so in a world where energy costs approach roach zero all the things that we know about capitalism go away and so it becomes a question of cool then what does that world look like and that's where I mean you know I want to start bringing on sci-fi authors that really are sharp at envisioning the future there's that phenomenal quote uh the job of the science fiction writer is not to imagine the car but to imagine the traffic jam and so bringing people on that that really look into the future and go well what about this and what about this and so there's the star track version of the future where things just get better and better and better and then there are the countless Blade Runner type ones where it's like H not everything goes well and exploring those ideas I think is going to be a lot of fun nice looking forward to it all right Michelle p237 said my son graduated with a computer science degree the year AI arrived sheesh he hasn't been able to find work any advice I can give him okay so first of all I want your son to get very very excited because right now AI is just a tool so going back to that analogy of you used to have to cut trees down with an ax now you're going to use a chainsaw now for anyone that's coming of age right now you don't have as much baggage as older people have around like but wait I I didn't just study for four years I've been doing this for 40 years and now you're asking me at like 55 you want me to go in a whole new Direction and it's like yes and the way that time flows it just does not care care if it completely obliterates you and the rest of your life is a misery because you cannot get your head around adapting to something new but if you're young you're not going to be stuck in the same way and so you're going to find your way to using the tools a lot faster but what people are really going to have to accept is the world moves insanely fast and your job is to be one of the people at the Vanguard that's able to keep up with the pace of change so learn AI learn AI one of the places that AI is going to be the most advantageous is in computer science and so if you're the person that's at the absolute Vanguard of that and you just make that part of your identity is I'm always adopting the newest thing I'm always the bleeding edge then you're going to Faire a lot better than somebody else that gets trapped and so this is one of those where I get it man there's when you cannot see too far into the future it is very scary however it is the world that you're in and so the only mistake would be standing still lamenting what is true it's like you want to just get out there and remember Kobe Bryan's quote booze don't block dunks so get so good with AI that when you walk into a job interview it's like even if they hate you even if everything about you they're just like oh God but you've got a skill set that they look at and go man you were going to move our bottom line forward you will be shocked at how far you can get if you can make somebody else money and so the key is how do you get so good using AI get so good at computer science that you can make somebody money if you can make someone money you're always going to have a job I love that and I like how you said that they don't have that baggage attached with the 40 Years of their experience and all those things like you are starting fresh so your first step could be learning AI that could be the equivalent of me learning Excel on my first job or whatever like that utilizing the tool versus being scared of it correct and the only mistake is standing still and so if he's standing there not improving his skill set every day and lamenting I haven't got a job because AI is removing them he's going to get farther and farther behind this has got to be every day you show up you go hard pushing your skill set forward as hard as you can as fast as you can uh start at the bottom if you have to and just work your way up it is so hard to find incredible Talent become incredible Talent man it's always in scarce Supply I hear that I hear that all right this is probably my favorite question so far this is from Anzac Hoin uh what is real how do you define real if real is things you can taste and touch then real is simply electric signals received by your brain Morpheus I love the Morpheus quote I love it shout out to the Matrix uh big shout out to the Matrix um okay so it is entirely possible that nothing is quote unquote real mathematically speaking the odds that we are living in an nth generation simulation border on 100% because of the following right now we we are working towards building Virtual Worlds that mimic every aspect of the real world we are bwing into the human brain to take control of the nervous system and once you put those two things together you now are literally living in a simulation now what are the odds if we know that a civilization moves towards with any rate of progress because it could maybe it takes a thousand years once you have the first computer find but if you give any rate of progress we will get to the point where it is completely indistinguishable that the real world is indistinguishable from the simulation now if we know that to be true and we know that humans will run a simulation of human society which of course they will even if it's just a a 13-year-old trying to get an A on a science fair uh project then we know that there will be a simulation in the simulation in the simulation in the simulation in the simulation so the odds then that we are in the ground truth border on zero okay now look at somebody like um Donald Hoffman who talks about how he says that mathematically he can prove that there's no way that this isn't a simulation now the question becomes is he on to a metaphor for the brain or is he actually saying this is obviously code now for him he's saying this is obviously code I won't ask people to go that far though I do recommend you watch this the interviews I've done with him they are so fun but what I will say is even if we're not in AIM simulation even if this is ground reality your brain is simulating reality the stat that freaks me out the most is we only see 0.35% of the available electromagnetic spectrum so less than like a 100th of a percent I mean it's absolutely tiny percentage of the um of what's actually there that we see but we feel like we're seeing everything okay so if we know that we're not seeing everything we're seeing some just absolutely tiny fraction of everything then you know that your brain is filling in a lot of gaps so there is a dimiz hole right in the center of your vision but none of us perceive it because our brain is literally filling that hole in with imagery so all of that tells you that if the color of what you're wearing is the uh wavelength of light reflecting off of that the photons reflecting off that hit my eye but I don't see number of photons wavelength I just see black you know that your brain is giving you a ton of these shortcuts to create a sense of a world that you can navigate through well uh but this is why optical illusions work because you're not actually seeing the truth okay so once we're not seeing the truth it becomes a question of how far removed from the truth are we are we like way removed and this is the Matrix and I'm a brain in a vat somewhere are we slightly removed in that I see The World Slightly differently than you but I mean we're basically able to still function in the same way or is it something in between but if you think of your brain as creating a simulation that you live inside of you are going to make way better decisions this is why I don't trust my emotions my emotions are just a heuristic a shortcut that my body tells me speaking in Emotion um the composite of all the different inputs so you're getting trillions of inputs there are microbes in your gut that are influencing your mood that are influencing your uh desires you can give a woman uh a bunch of shirts to smell like you have a guy wear a shirt exercise take it off give the woman the shirt to smell they did a study on this and they're like look I know this is super weird but just sniff these shirts they'll smell them and then put them in order of attractiveness what do you mean I can't see the person just do it and the person will rank order them from uh the person they consider most attractive remember all they see is a shirt but the person they consider most attractive is the person with the immune system that is most diverse compared to theirs down to the person that's most like them okay you lost me on that do okay so the reason that you do that the reason that we replicate sexually is because we are so if we just cloned which some creatures do you now become so vulnerable to uh a parasite or uh a fungus or um a bacteria diversify your DNA exactly so you just keep mixing mixing mixing mixing mixing so you have this diversity so that you can't just wipe out an entire population with that one vulnerability so um that becomes this uh just incredible mechanism that sexual reproduction builds into the system so going back to the understanding your brain as this thing that is taking all this data point that you you feel as an emotion but if you break it down and understand that the emotion is simply all these data points have to go through this narrow bandwidth is my conscious mind then it's like okay wait a second this is the simulation this is not an accurate representation of reality this is simply the fastest way that my body can aggregate all this data and give me something that I can react on very fast Russell in the bush I'm scared I jump I move quickly you turn around it's your friend whatever there was never a danger present or you see out of the corner of your eye a hose but you think it's a snake so you jump away and so over evolutionary time frames these things get baked in but they're just shortcuts they're they they are the simulation and the reason I'm always obsessed with getting people to understand that is because the simulation can feed you and again I don't think we're actually in a simulation I'm just saying it's to think of it like that is so fruitful because you realize oh just because something is giving me the emotion to jump or to lash out or to be angry or to be sad or to feel defeated you know going back to that kid that's like well hold on I can't get a job with my CS degree and now he's Contracting now he's fearful it's like I'm going to say hold on first principal's thinking what do people pay you for they pay you to make them more money okay I just need to figure out a way to help them make more money what's going to be the skill set that I develop and then it's like I don't have to be the fastest runner when being chased by the bear I just have to be faster than another guy who's going to get eaten so it's like you don't have to be the greatest CS person ever you just have to be better than the other people that are interviewing for that job in that town and that company so now it's like okay I'm I'm not going to accept the emotion that I have as something I need to act on I'm going to recognize it as the limitations of this simulated system trying to communicate all these crazy data points and instead I'm going to be goal oriented gotcha gotcha that was all from what's real no no no I got that it came from like my realization of that came one time I was on mushrooms and that's the first time I like hallucinated and I was like wait my brain is lying to me so going to that that like pulled the thread that let me know like okay your emotions real just cuz you're feeling something doesn't mean it's Justified just cuz you see it there might be more to it so that was the first time I like questioned my brain into your point of what you're just saying like sometimes we have to audit those emotions those feelings those urges because they're not necessarily true for sure yeah I mean now once you start getting into true I don't think people know it's true I don't think any of us know it's true that's a whole another bag approximations that's the best we can hope for we'll get back to the episode in a moment but first I have a message for entrepreneurs every time a customer abandons their car you're not just losing one sale you're losing a lifetime of Revenue here's how to stop the bleeding successful Brands like all birds and skims know this one simple thing that's why they choose Shopify think about this shopify's checkout system shop pay boosts conversion by up to 50% whether your customers are scrolling through social media browsing your website or walking into your physical store Shopify handles it all in one platform the math guys is very simple businesses that want to grow grow with Shopify and right now you can join them with an incredible offer sign up for a $1 per month trial period just go to shopify.com impact to upgrade your selling today again that's shopify.com impact now let's get back to the episode all right Michael j5p I seen him comment a lot so thank you for commenting a lot Michael Michael yeah all right and his question is how do you feel about Bitcoin shifting from a form of currency to a store of wealth I love it so I think uh people have heard me say this not everybody loves it but I think governments have a moral obligation to allow their constituents to save money in a currency that can't be inflated and so currency is probably a misleading way to say that uh but if you think of money the way that Michael sailor divides it money is divided into currency that thing that we give somebody to to get a cup of coffee and capital so the thing that we store wealth in um then I think this all begins to make a lot more sense so uh whether Satoshi wanted Bitcoin to be a currency or whether he wanted it to have both properties and it just so happens that Bitcoin is just way better at being a store of capital I don't know I've not read the white paper honestly I don't even care about that it comes down to what does Society adopt it as because to people that say Bitcoin has no values yeah that's true but nothing does so we decide certain things have value for whatever reason and we have decided that Bitcoin has value for sure as a store of wealth maybe it will be a currency maybe it will have other uses down the road but for sure as a store of wealth that can't be inflated it is doing incredibly well and I don't know at what point people will um just accept that that's what it is uh I don't know what it will take I think some people will just never adopt it and this is one of those where like everything crypto advances one funeral at a time uh that's probably just the reality and then also guys the right way to think of it is it's a good trade now and will it be a good trade in a hundred years or it's a good hold is probably even better way to say it it's a good hold now will it be a good hold in 100 years I don't know man so keep your head up pay attention um and if things begin to change then move and unfortunately given that we are in a world where your money can be inflated away you have to drinking game uh you you have to be you have to be looking for a place to put your money where either it's going to go up to beat inflation or that at least it's not going to be inflated at all uh and there may come a day where we get into that post capitalist world and none of this matters but it matters today that's honest I appreciate it all right Big Bite donut said you said to take emotions out and then you say you feel like the government has a moral obligation to bitcoin that's funny I feel like you just said that so yeah well so what's interesting I don't believe the government has a moral obligation to bitcoin let's make sure that we covered that oh yeah Bitcoin is but one example of a store of wealth that can't be inflated okay sry from the beginning you believe the government has a moral obligation too I want you to finish that yeah the government has a moral obligation to allow people to save in a store of wealth not to use the word currency a store of wealth that can't be inflated uh ideally that can't be inflated or seized quite frankly because they have seized gold historically and I don't think they're above seizing Bitcoin but I think they have a moral obligation not to do that now the underlying thing in his question though is that's not emotion morality is not an emotion morality is the very thing that's designed to remove emotion from the equation so that when it's your loved one that got hit by a drunk driver you don't go shoot the drunk driver in the face because that's immoral even though I get it like I would have the same impulse if a drunk driver killed my wife I would be very traumatized or let's make it worse if somebody broke into my house and killed my wife with my bare [ __ ] handrew I would choke them until they were dead now people shouldn't let me do that that's the emotion that I'm saying to get out of the equation you you create morality so that when people's emotions are running away with them everybody else is like hey we have morality for a reason and this is why it gets really interesting what happens when people don't believe in God what does the morality anchor on and people that and I don't believe in God but people that brush that aside like it doesn't matter that's crazy that is to misunderstand the human animal we have to have it anchored on something it has to be grounded a shared morality yeah like it's got to be grounded on something because otherwise morality begins to shift with the winds which of course we are seeing today this is why people will cheer when a CEO of a company that they don't like gets killed they're like yay that's your shifting moral that's emotion that's people that don't have an anchor to whether something is right or wrong well said all right Warren Hurley 5787 asks what would happen to the dollar and Bitcoin if the US government paid down the $36 trillion debt does the value of Bitcoin go down question mark I think it might yeah because the currency will be safe now yeah it's look I don't know I want to be very clear I can't see around the corner I don't know how the market would respond but I would be very very surprised I wouldn't be as fish about Bitcoin if the government were fiscally responsible Tom bil's personal reaction is that the government is spending insanely that like every empire ever in history they cannot avoid the temptation of printing money and so they are stealing my purchasing power and I have got to get out of their system and if they were fiscally responsible they weren't doing that um that I was able to even just save my way to success I would be very happy dude I never wanted to learn about economics I never wanted to learn about Finance I just wanted to be good at making money and if I could just be good at making money and saving it I would be very happy but once I realized that uh all the money I was saving they were quietly draining out the back by stealing my purchasing power via inflation I was like oh my God now I've got to learn about this [ __ ] that really bothers me like really deeply profoundly truly I spent so many years I sold so not sold but I spent Decades of my life getting good at business so that I could control the resources and then when you get it and you realize how rapidly they siphon it off Jesus man and that's like I don't have to worry about my next meal now imagine you do have to worry about your next meal and they're still stealing your purchasing power that's insane and this is why people say inflation hurts the poor the most so when I see someone like Bernie Sanders wanting to spend more and more money I'm like what the [ __ ] man like you know he has to know you're stealing from the poor to give back to the poor it's so [ __ ] weird so balance the budget make it so that people can save to protect their family and look of course we can get into education and making sure that people have better opportunities to navigate the world well I am [ __ ] here for that but yeah that's why I say that so what do I think happens to the um to bitcoin and the dollar uh only good things happen to the dollar that is for sure because now the world isn't panicking they're going to buy us treasuries they're not they want their risk-free return yeah investment is coming back to yeah so now we stabilize uh right now China's selling off as fast as they can Russia's never going to touch uh US debt ever again a bunch of other countries are looking at that like well I'm certainly not going to put my money in your hands so that you can seize it that's insane um so yeah it would be very good for the dollar and a question mark for Bitcoin I would certainly be less hardcore about it all right Johnny tips asks I agree that the invitation to the inauguration is The Right Move talking about Xin ping I assume yep Tom you stated you feel xiin Ping's leadership style is immoral could you explain on exactly what aspects you don't agree with okay so I think anything top down is immoral when you are telling people this is how you're going to act this is how you're going to behave this is what you're going to do uh I fully acknowledge that I am a product of time and place I grew up in America we are in an individualistic Society myor star is human flourishing I believe autonomy is one of the five things that motivate the human animal I do not like I don't think that people like being told what to do uh it they will put up with it when everything is going well but man oh man when things start going in a wrong direction that's when people are like yo I am not here for this and when the individual doesn't matter and we all live individual lives that that is a level of gnarly that's just too um hard for me to embrace and certainly difficult to explain so I will give people three books that they should read if they want to understand why I think collectivist societies are a nightmare in Waiting everybody should run their own thing nobody should think that I'm trying to put my viewpoint on people I'm just telling you how I view the world I want to be very clear about that uh read the books the gulg archipelago by Alexander Soulja niten about the Russian gulags read the red famine about the um self imposed famine that I believe it was Stalin I can never remember if it's Stalin or Lenin but anyway that they created in the Ukraine um and then read ma the unknown story dude it is berserk it it can go so wrong it's dehumanizing so uh I believe that we inhabit an individual body for a reason and when people are telling you from the top down this is how you're going to behave we're back to my beef with the elites people that think that they know better now that doesn't mean that I don't want people to think about other people I do I think it is extremely moral I think it's extremely good to see yourself as being interconnected with other people and I believe everybody should pursue honorable goals now an honorable goal is something that elevates you and others but I don't believe that people should be able to tell you from the outside this is what you're going to do love that love that all right elak mandante 901 said why should we American here be any different than any other Empire who has risen and collapsed in the course of history we will that no one escapes it so every empire ever in all of human history and people are going to take exception to me calling American Empire whatever uh anybody that had the reserve currency which I don't know what you want to call it the the big boy on the block uh they've all Fallen always and forever all throughout human history and I Don't Look Backwards at a never ending string of something and go oh but this time it's going to be different I go this time it's going to be the same but getting the timeline right is next to impossible so uh will America as the global superpower fall apart in the next 10 years 100 years 200 years I don't know but it will eventually fall it just so history says I respect that all right user TV something something random character sorry I I'm getting bot Vibes but this is a really good question so I had to pick it up uh Empires need money land power and control allies and enemies and slavery to be an Empire how did the US become an Empire and then second follow-up question why do we have enemies why are China Russia Iran and North Korea the quote unquote bad guys okay we're going to need to break that down so that I can hold them in my head how did America become an Empire okay so woo we this is a long and sorted story so first the new world was discovered that's a nice triggering word uh the new world was discovered and we started sending people here from all over the world now all of those people were coming for opportunity you do not flee a place and go across an ocean at a time where something like 30% of people died whenever crossing the Atlantic you do not do that unless you were trying to get away from something unless you believe that despite all that risk you've got to do it so all the people that took that risk were the Mavericks were the people that were desperate the hungry the aggressive so they come here all right now you're really like this is Frontier spirit this is like most people are going to die in the winter kind of Steal Oregon Trail type well that even comes later but yeah like exactly that that type of person and so your collect ing people from all over the world that are seeking opportunity that are thinking for themselves that probably have problem with authority which is why they fled they are not risk averse so they're willing to take gargantuan risks they're willing to work extremely hard and they survived all of those harsh conditions that's like the deal that's what we're descendant from okay so then you have to fully acknowledge that we also obliterated the people that were here largely through disease but I imagine that is of no consolation to them whatsoever uh and then the ones that we couldn't get with disease we got with Warfare so and this is something I know is going to come up because we have a question later uh about Israel Palestine to settle something because you're asking how we became an Empire I am not justifying any of this I want to be very clear I am simply giving you the gist and there are historians that will give you a way better breakdown but I'm giving you the gist um we then begin to uh War Warfare so that we can get complete and total control of the country uh the you know constantly expanding expanding expanding and there are some incredible books uh there was a book called I think it's called The Summer of the Autumn Moon that's going to be close if it's not the exact title holy hell about the kamanchi Indians who really delayed the expansion of the Western frontier who like that that would have been a hard time to to be on either side anyway just an absolute uh back and forth blood bath on both sides uh so okay you've got that like just hardcore [ __ ] that ends up being the sort of American Spirit obviously we are British colonies I'm sort of jumping around history because the wild west comes a lot later but uh we are a colony of the British for a long time despite you know at first it's some French and British and all over the place uh you get the Dutch which is why um New York used to be New Amsterdam on and on and on but we bring these people from all over the world uh we decide that we don't want taxation without representation uh and so we end up overthrowing and God I'm trying to condense a lot of history here uh so then we get all of these Rebel spirits that end up fighting in this really sort of Guerilla Warfare way we end up winning the Revolutionary War basically a war of attrition we boot them out okay skipping a whole lot of stuff then World War I comes around because we're over in America we are able to stay out of the um the primary amount of the bloodbath so we don't come in until the end and so we have not spent all of our money fighting in World War I we end up essentially being the only big economy to not get obliterated in the west anyway at the end of World War I so we are now marching towards becoming the world's Reserve currency we may have been de facto at that point anyway but we're really going to cement it at the end of World War II so Europe once again again just gets absolutely decimated but now we've got bombs and so we are obliterating cities this is no longer trench warfare this is just bomb Dresden until it is smoldering Ash uh so Europe is just demolished they're wildly in debt primarily to the Americans and so now we are literally the global superpower and we do something absolutely incredible instead of colonizing everybody we help everybody rebuild and you could say that we brief colonized Japan but we make them a huge trait partner which ends up becoming very prosperous for both of us they end up making extraordinarily cheap goods for us and by essentially working their population to death whole another story uh with the salary man Vibe if people know that sort of part of Japan's still lingering history uh but they also had an incredible trade partner so Japan still owns like some Godly amount of the world's assets absolutely incredible all right so that sets us up to be the world Reserve currency uh because we're in a geographically protected space we are untouched except for Pearl Harbor man we are just untouched so pristine we don't have to rebuild anything here uh everybody owes us a ton of money we help everybody rebuild Europe becomes like this incredible Ally to us Japan becomes this incredible Ally to us we then very quickly get a common enemy which is Russia it gives us all the same de Galvanize around and now we're just the big boy on the Block and we end up having the 70 years of prosperity we're not technically an Empire but like look that's a gist and there are historians literally clutching pearls having seizures right now because of all the things that I left out and how just sort of skimming across the surface that was and that's probably an important thing to understand about me I get the gist of things so that I can navigate them well and prosper that's my whole thing I'm not going to be a historian I have no intention of learning those stories better I know them well enough to understand where we are so that I can understand the economics of everything so I can understand how to move forward um but they asked I answered and then for the followup why are we always it seems at war with these kind of countries why is China the eny why Russia why do they have to be the why they the bad guy technically they don't have to be the enemy but this is a power game so Anarchy rules at the international level and everybody wants to be the big boy because you can one thing that you can do is you can socialize your losses across all of the world so when I talk about inflation and them inflating the money supply um everybody that owns US debt gets inflated anybody that holds dollars gets inflated it's not just American citizens we are the only country in the world that can do that as America we can make every country deal with our inflation that's amazing and this is why every Empire ends up falling because they just can't resist so you can spread your inflation your deficits on everybody yeah I mean it's it's a very privileged position and this is why we should be very careful um so anyway other people want that privilege nobody likes to be told what to do everybody wants to be the big boy at least in their region and so as we begin to feel our power eroding we're going to push back nobody gives up their power the shout out to Eric Weinstein who I literally love as a human being no off camera but he made a comment one time that I was just like what where he said basically the boomer generation needs to hand power over to the next Generation I'm like that's not how it works people are going to hold on to power until they are [ __ ] dead man that is why you have to rip it out of their cold dead hands like the the Next Generation has to fight for their spot the problem is because we have an inverted demographic pyramid there are other reasons but just to round it to something simple it's tough the other Generations just aren't big enough and so they control a ton of wealth and they came right after we became the global superpower and our currency hadn't inflated to death yet they were able to get on property ladders when prices were sti
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