SUMMARY KEYWORDS
bitcoin, chris, christmas, central bank, crypto, fiat currency, hoddle, buy, happen, systems, realise, blockchain, currency, listen, people, great, price, freedom, episode
SPEAKERS
Martin O'Toole, Julia Malcolmson, Chris Plow
Martin O'Toole 00:00
Row. Wow, that was good.
Julia Malcolmson 00:03
It was amazing.
Martin O'Toole 00:04
Yeah, let's do it again. Rolling. Don't you want to die? With a smile on your face? Wake up the laughing because you're free from lives and landscaping. Why don't you paint it your way we wish you a merry Christmas. We wish you a merry Christmas. We wish you a Merry Christmas and Happy New Year. Yeah.
Julia Malcolmson 00:48
Great Transition there.
Martin O'Toole 00:50
Jingle Bells. That's all I've got to say about that.
Julia Malcolmson 00:54
It's nice to see you slightly in the festive spirit.
Martin O'Toole 00:58
I'm really trying. Yeah,
Julia Malcolmson 01:00
you starting to feel it a little bit.
Martin O'Toole 01:02
I yeah, I'm looking forward to some time off. Yeah, I have to. I love talking to you folks. And I love talking to you, my darling. So that these folks might listen to rumblings. However, I am looking forward to a couple of weeks off the how to die happy podcast. Although I'll be doing a lot of marketing stuff over the Christmas period.
Julia Malcolmson 01:27
Well, there'll be a little bit of a limit on that.
Martin O'Toole 01:30
Anyway, not that any of you need to know about any of that. So well come to the final episode of season one.
Julia Malcolmson 01:42
Can't Believe It's over already for a season.
Martin O'Toole 01:44
What a roller coaster? Well, there are 13 episodes in the how to die happy seasons, which is a baker's dozen. Of course I mentioned this to you and Chris in the interview we're about to listen to and nobody knew what a baker's dozen was.
Julia Malcolmson 02:04
No, we did not have you're gonna tell me that you've now found out.
Martin O'Toole 02:07
Well, I already knew what baker's dozen was, but I didn't know the history of the baker's dozen. So a baker's dozen Baker's use 13 instead of 12. Right. And the tale behind it is apparently a mediaeval law that specify the weight of bread loaves. So any Baker who supplied less to a customer was in for some serious punishment. So there would always include 13 loaves just to be safe.
Julia Malcolmson 02:38
13 eggs,
Martin O'Toole 02:40
loaves, loaves of bread. Okay. So you would get No, it's not about the ingredients of the baking. No, no, it's about the end product. Okay. Yeah. So a baker's dozen would be 13 loaves of bread.
Julia Malcolmson 02:56
Well, that was some incredibl new facts to learn today. Thank you for that.
Martin O'Toole 03:00
Consider it an early Christmas gift, the gift of knowledge, invaluable.
Julia Malcolmson 03:06
Starting the bar high then
Martin O'Toole 03:09
with a story about 13 lumps of bread. Well, where can we begin this conversation? We have already expressed thanks to various people in the chinwag on Tuesday, but I believe it's worth doing all over again. Sure. So we're just super, super grateful to everyone who's a masked around this little chat show podcast thing that we've created that is ever evolving and morphing. And where does that Where did those thanks begin I suppose the thanks begin with well with Chris Syracuse, who originally started this journey with me and helped me bring it to life. So thanks again, Chris. Peace and love to you, bro. followed quickly by Dwayne forest, who of course, lovingly and caringly produced all of the music that we use. And Josh Kimmel who created the brand identity, the logo work and gave the one server to all the web design work that he'd done, and so on and so forth. So these were the people who, who helped us begin it. You of course, my love you were the you were the rock behind me throughout all of this, and notwithstanding that you were helping in the back behind the scenes from the very beginning, organising and booking guests and so on and so forth. And of course, our guest. Wow, we've had some phenomenal guests join us. Such a varied selection of really, really great human beings.
Julia Malcolmson 04:55
Yeah, they've been wonderful,
Martin O'Toole 04:56
haven't they.
Julia Malcolmson 04:57
And we need to thank you for getting this out. out to doing it for being the being the brains behind it for being the the energy.
Martin O'Toole 05:08
That's very kind of you.
Julia Malcolmson 05:09
Well, you do you deserve the Thanks.
Martin O'Toole 05:11
Well, I think the biggest lump of gratitude goes to you, our listeners, because, you know, I am fully aware of how difficult it is to find time in the day these days for anything other than the hamster wheel. So, we are a million times grateful to you for checking into this podcast, be that once in a while, or like some of you the diehards, who are listening to every one of our episodes, I just, I can't find the words to express gratitude for that. So thank you so much for your time, and your attention and your support. And for your reviews. And for your comments and the messages you send them for the Be my guest questions that you submit. Yeah, just thanks. Thanks. Thanks. Thanks. Thanks.
Julia Malcolmson 06:05
Thank you.
Martin O'Toole 06:06
Please do consider telling 10 of your friends about this podcast, there are enough of you now following us that if you told 10 Friends, it would have a profound impact on our following. And as you know, we do this for the loves because we want people to, or rather, because we want to give people the opportunity to learn about ways to live a happier life. And if you can do that, and building some methodologies for that, and a daily practice, then when your numbers up, you could well find yourself dying. happy. I'm happy. You are. Are you happy?
Julia Malcolmson 06:57
Very happy. Christmas tomorrow? No, it's Christmas Eve tomorrow? Of course. I'm happy.
Martin O'Toole 07:02
Yeah, I mean, I'm definitely happy about the amount of chocolate that we're beginning to amass as a result of this Christmas plan. And there's a rumour going around, you're gonna bake some plant based cookies.
Julia Malcolmson 07:15
That might happen today.
Martin O'Toole 07:18
Does that mean I get a cookie today?
Julia Malcolmson 07:19
Let's see how it goes.
Martin O'Toole 07:21
Okay, well, so who is on our last episode of season one? Which technically is our Christmas episode
Julia Malcolmson 07:33
back by popular demand, we have got Chris Plow.
Martin O'Toole 07:37
And for the audience members who didn't listen to episode four, who is Chris Plow.
Julia Malcolmson 07:43
Chris Plow is a crypto analyst and coach
Martin O'Toole 07:48
he is indeed. And Chris is also a futurologists of sorts, I suppose. Because the nature of of what people do in the financial markets, they have to have a handle on on the social stratosphere as much as as much as the economic. So a good trader is plugged into socio socio economics. So it's safe to say we had rather high and festive hopes for this episode. We did didn't exactly turn out that way, did it?
Julia Malcolmson 08:23
No, it didn't it. It took quite a heavy turn. But I feel, you know, these things are really important. And we have to discuss what's going on in the world, the direction of our future. And we can't ignore that.
Martin O'Toole 08:38
Yeah, so essentially, we ended up having a rather dystopian discussion with Chris. Can I say Christoper? Ian? Yeah, I can say christadelphian. A, because he's called crispy because it's a Christmas episode. So this was a Christo peon discussion. And actually, it's incredibly interesting Chris's perspective, is, well, it's not just Chris's perspective, what Chris offers up in this episode is an observation and prediction for what is down the road for us global citizens in the next five and 10 years. And, you know, it's not all great news. And so it's well worth you having a listen, and I suppose, take it on board and see what you think. As always, we respect everyone's truth on this show. So we're interested to hear your perspective. Chris offers a great deal of information which has been garnered from global organisations, such as the World Economic Forum, so none of the things that are discussed in the episode are made up. But you do have to dig very deeply to find them. So yeah, check it out. Listen to get to what he's got to say and see whether or not it resonates. I suppose that's all I could invite you to do. Of course we talk about cryptocurrency, we talk about Bitcoin because Chris is the biggest Bitcoin ambassador. I know, we talked about the blockchain. And we talked about Central Bank digital currencies.
Julia Malcolmson 10:22
Yeah, it's a really interesting episode. And for someone like myself, I struggle a little bit with some of these crypto conversations. And I do have a little bit of crypto but I'm very just dipping my toe in and I always find Chris really helpful. And he really explains things in an accessible way. And so I am going to apologise because once Chris starts talking in this episode, like I just went silent because I don't really have anything valuable to share so much when we when Chris is speaking. He's dropping some real pearls of wisdom. So I was fastly listening to him.
Martin O'Toole 10:57
You were having a silent night? Well, no, it's fine. The whole point is that we we get to hear the wisdom of our guests, so we don't necessarily always need to speak doing. So regardless of where you are in the world of cryptocurrency, whether or not you're involved at all, this episode is still incredibly valuable and worth listening to. Because it's not just about crypto, it's about freedom. And if you're trying to work out what's that got to do with don't happy, this is fundamental to happiness, this stuff. And as we allude to, in the discussion, the way we live our lives the societal model, in which we exist, the standardised fabric of the matrix to which we are all plugged in, on some level or other intrinsically affects your happiness. So it's a big discussion this one
Julia Malcolmson 12:01
it is but we do also have a little Christmas surprise for you towards the end of the show.
Martin O'Toole 12:06
We do so please do listen on because it's a gift from my dad. Lovely blessing. Okay, shall we carry on?
Julia Malcolmson 12:18
Yeah, let's listen to our episode with Chris.
Martin O'Toole 12:37
How do you like my Christmas introduction?
Julia Malcolmson 12:43
Did not expect that.
Martin O'Toole 12:44
No, of course you didn't. And that's why I did it. What do you think Chris? You fill in Christmas vibes off the back of that.
Chris Plow 12:52
Off the back of that, yes. Yes, that's it. You've got me now.
Martin O'Toole 12:56
Boom. Finding a voiceover of somebody saying Oh, Merry Christmas is more difficult than you think. Yeah, I didn't bother putting these into the machine. But I got all of these other voices and they all sounded really, really creepy. Like how maybe Christmas would scare me. You were under my Christmas tree. Anyway, I appreciate you all joining us for our crypto Christmas special of how to die happy notwithstanding. That is the last episode of season one. Yeah, it's really good season. been incredible, isn't it? So this is episode 13. Chris, because we don't believe in following the twelves. We're all about bigging up the Thirteen's.
Chris Plow 13:45
You're all about the quarter. symbology today
Martin O'Toole 13:49
EXACTO. What? Is it baker's dozen? 13 as well. I haven't, I think it is a baker's dozen is 13 not 12.
Julia Malcolmson 14:01
Wow, that's probably why my cakes never work. Probably.
Martin O'Toole 14:05
I don't know why it's 13 to 20. So I'm not going to go into that in any way, shape or form. Well, Chris, you are back by popular demand. Why? Well, because your episode, the number of which I remember not. It was number four. Number four thanking you. Wow, is it that long ago? Well, your episode number four is still the number one ranking episode on how to die happy.
Chris Plow 14:36
Which is an honour because I've been looking at some of the other people you've been interviewing and the amazing conversations you've been having.
Martin O'Toole 14:43
It's very kind of easy to say. Yeah, I mean, you smashed it. I don't I can't put my finger on. Why we've got so many people listening to that episode other than the fact that I think and this is something I was keen to point out to listeners on our chinwag. That's also been this week that people should listen to you talk regardless of what they know of crypto regardless of whether or not they're currently interested in, I don't want to preach, I'm not saying get interested in crypto or else. But you have a very unique perspective on on crypto, because you talk about money and energy. Right.
Chris Plow 15:21
Yeah. And could I suggest that there are a lot of people who are starting to feel that their freedom is being taken away? And therefore, that's what we talked about last time?
Martin O'Toole 15:35
We did. And you can suggest that and I think you'd be right to do so. I think quite a lot of people are suddenly realising that there's some, there is some strange things occurring in the world. And we
Chris Plow 15:49
can take actions. Yeah, sit back, then it will all get taken.
Martin O'Toole 15:54
Yeah, well, here's hoping people do take action. Because I suppose from our perspective over here, our action is a different kind of action, we're trying to show people ways in which they can do some work to improve their mental health, physical health, spiritual health. So it's very much at the beginning. In comparison, whilst what you're talking about is fundamental human rights and the right to free speech. And, of course, as we alluded to, in the first interview with you, we talked about financial freedom.
Chris Plow 16:35
Yes, we did, we did. And Bitcoin is a fundamental human right. And it is it is about free speech. Much of like you said, many of our human rights and our ability to speak and assemble, and all of those things are, some people are trying to take them away. And therefore we need to find ways to protect them, and to grow into them. Because what we said on the first podcast was that freedom, there is nothing more important than freedom. So you're doing your bit working internally. And ultimately, that's where true freedom resides. He could have every single thing taken away, but they will never be able to take away what's inside. It's Man's Search for Meaning. At the same time, we don't, if we can avoid it, we would prefer not to have every single one of our rights and freedoms taken away. But to do that, we can't just sit back and watch what unfolds because the direction of travel is very clear, is becoming clear for most people, as the days go by. Humanity is reaching a major turning point, or the end of many, many different cycles. There are some great people out there to talk about it Mark Moss, for example. There are many cycles coming to a head right now that cycle with technology cycles, cycles between freedom and control. And that's why everything feels extremely volatile and precarious.
Martin O'Toole 18:21
And we're also in the dawn of the Age of Aquarius.
Chris Plow 18:27
Literally everything is coming to a head. At the same time. Nobody knows how it's going to play out and over what timeframe because although it is some sort of end game, you know, does it reach her head tomorrow or in five years? We don't know that. But we, if we become aware of the situation, then we can take action to make sure that we place ourselves in the best possible position to preserve those incredibly important rights and freedom.
Martin O'Toole 19:02
And without being melodramatic, it's safe to say some fundamental systems that we've all grown up with are about to come crashing down.
Chris Plow 19:15
So can you be more specific?
Martin O'Toole 19:18
Well, yeah, could the financial system for example,
Chris Plow 19:23
I think that's a really good one to start and to get really clear on what's happening. So we know if you have some level of awareness that society is crumbling, so that is huge divisiveness. Across the board, governments becoming more and more tyrannical. The wealth gap growing and growing. We know that the economy is crumbling, so supply chains are breaking. Inflation is hitting record On highs and unemployment is massive, many small businesses are closing. And there are a lot of people out there, I get sent videos from Facebook, Instagram, people talking about these things who have really, really good intentions. And then they always then move on to financial markets. And they say, and the markets are crashing. And this is a really important distinction because when societies and economies do crumble and collapse, financial markets don't collapse. They work in opposite directions. And the reason for that is, when we're in this state of turmoil, central bankers take the opportunity to print trillions and trillions of units of fiat currency, dollars pounds, euros yen. That's what we talked about in the last session. And therefore, during these times of turmoil, stock markets, bond markets, gold, silver land, property, Bitcoin and crypto asset prices go through the roof. If you even if you look at the stock market in Venezuela right now, it's an all time highs, stock market in Turkey all time highs. The reason for that is the the denominator, what it's priced in fiat currency. So the lira in Turkey, for example, but it's going across the whole world right now. dollars, pounds, euros, they're being it's being devalued, being debased, the value of every unit of currency is being destroyed, everything you hold in your bank account is plummeting. By 10 15% per year, we expect that to continue to increase and therefore the price of financial assets goes up, not down. This is a really important distinction to make, because there's a lot of people out there who are in a lot of fear about the whole situation and that's warranted. But the the action to take isn't to sell your financial assets to hold fiat currency. That's the opposite of what you should be doing. You need to be selling your fiat currency to buy assets.
Martin O'Toole 22:36
So, what makes you say that is there? Is there evidence to show that people are already panic selling so that they can liquidate mistakenly into fiat currency? Or is that is that a standard reaction to to market volatility
Chris Plow 22:53
is Yeah, behaviour or dynamics, but also just those that don't understand what is happening will make those mistakes in the Weimar Republic when it collapsed in the 1920s. Through hyperinflation. People saw their financial assets go up loads in a year, like their property or their gold. And they sold it to buy marks, or Deutsche Marks German marks. In a year's time, those marks were worth nothing and they'd lost their house.
Martin O'Toole 23:29
Ouch. So I suppose it's safe to say, we can always learn from history, despite people's misconception. And I'm
Chris Plow 23:39
saying this because I get sent all sorts of articles and videos that are giving the wrong advice to normal people. And basically, with good intention, but a lack of understanding. And some of it may be a bit malicious, I'm not sure. What you need to be doing in an inflationary environment, in an ideal world is earning a fiat currency for doing some important job adding value to the world and immediately selling that fiat currency for real assets.
Martin O'Toole 24:19
Now, that's great advice. But should we take a step back and just an unconscious we already discussed this in our last episode, but for people who haven't caught that, because we are gaining new listeners every day, and as much as I'd love for them to listen to all of our back catalogue. I'm not convinced they will. So what wrong with fiat currency? In three minutes,
Chris Plow 24:46
no, it's simple. fiat currency is not backed by anything. It's paper money, or nowadays, it's just on a screen. It's just digital numbers, which has no intrinsic value. is only propped up by legislation and governments who make you pay taxes in it. And if you don't, they'll put you in a cage. So it's only propped up by violence. And they create more of it on a whim, with no consent from the people, and may manufacture crises in order to have excuses to print an exponentially larger amount of these units of fiat currencies, and that has happened since 1913, and 1014, beginning of World War One. And we're now reaching a stage where that's been going on for 100 plus years, the system isn't sustainable, it has been for 108 years, because every time they print more than what they're printing is worth less. So they have to do more and more and more. And now over the past 18 months, we've reached the stage where they've printed 40% Of all the currency ever created in 18 months. So, you know, what happens next is that we were speculating a little bit, but we're also looking at what they're telling us and what's in their documentation. By the year 2025, to 2030, depending on how they managed to roll it out. They want to launch central bank digital currencies around the world, the first ones are already launched in China, which China is generally the testing ground for what comes to the west. To get to that stage, let's say that it is in five years, when the US and Europe and the UK launch their central bank digital currencies, they have a really nice window of opportunity to extract as much of the world's wealth as possible. And how they will do that is more manufactured crises over the coming years. And each time they do that, they'll print an exponentially larger amount of units of currency. So maybe the next one will be $10 trillion. And we already have 15%, inflation. Inflation is inflation of the prices of goods and services happens because they print money. It's really simple. There's a there's a set ish a set number of goods and services. And then when there's another 4 trillion units of dollars, chasing those goods and services, the price goes up. It can lag a little bit. Because when that when that currency gets printed, firstly, it goes to their friends and the bankers, and they get to invest it and buy stuff of it, eventually, some of it find its way into the economy. And then the prices of goods and services go up. So firstly, they get to buy loads of assets with all this free money. So they get more and more assets. Everybody else gets assets. And then, in a short period of time, the prices of the goods and services, particularly the ones that you need to live off of like food and energy start going up. So your cost of living goes up dramatically. Therefore, your savings are worth far less, and you get poorer. And they just bought all the assets. So they're getting richer because the price of assets is going up. This is the cycle that we've been on now for a long time. But most people have been unaware of it. And now it's becoming more and more obvious. Because it's now so grand. We're talking trillions and we can see how rich a few people are getting. And we can see how poor most people again expect that to continue. Over the coming years things will get worse. Hopefully before they get better. I'm sure we'll get to that stage. We'll talk about that later.
Martin O'Toole 29:51
Yeah, yeah. So far, am filled with Christmas cheer.
Julia Malcolmson 29:57
It's a lot to take in, isn't it?
Martin O'Toole 29:58
Yeah, but the truth is Right, yeah.
Chris Plow 30:01
And and what they're doing. So they're extracting the wealth from the vast majority of the people, particularly the middle class as well now, because that's where the remaining wealth is, into the hands of a small group of people. And stepping back, what they're doing is they are running a controlled demolition of the monetary system. So what do I mean by that? We know what controlled demolitions look like. There was there was one in potentially 911, depending on what you believe,
Martin O'Toole 30:45
depending on someone's perspective, I would urge people to do some research on that for sure.
Chris Plow 30:52
So they're very good at controlled demolition. good at getting away with it. Now, there's a controlled demolition taking place of the monetary system, the fiat monetary system, because that we know that it's unsustainable. The US is in for $2 trillion of that they know, it's unsustainable. We know that they know it's unsustainable, they know that we know that they know is unsustainable. But what the but there's nothing that we can make Sorry, there is something that we can do about it. And we're going to talk about solutions later, what they're going to do about it is take advantage of this last window, where it's still running to print the currency into oblivion. Because we've, we've explained what happens when they do that. And at that point, where it all is about to come crashing down, which is what what I was talking about before, when people part of these videos saying it's all coming crashing down, it's like, no, because they're not incentivized to do that right now. They're gonna be incentivized to do that, in about five years, when their central bank digital currency is ready to launch at that point, they can flip over to the new system. And it's the, it's the, you know, when we talk about the government creating a problem, and then coming up with a solution, most of the people that sit above the government, this is what they're doing the creative problem for 108 years, it's gonna get worse and worse and worse and worse, at the point where it's a problem that's going to, you know, blow the whole world apart. They're gonna go, Oh, we've got a solution that you can trust us. And we will look after you in this new solution and new weld, which shall we'll talk about next. Down.
Martin O'Toole 33:01
Wow, so to unpack everything, you've said that that plays into what I was hoping you were going to discuss. And that was the collapse of systems that we've known for a long, long time. But of course, it's not going to happen overnight is it as you said, that there will be a run up to it that we are in the run up to it now. And, and of course, I've no doubt some of our listeners will be perhaps saying conspiracy theory, which, you know, is, of course, their truth, and I respect it. But it's also a phrase that was provided to them by the mainstream media 70 years ago, and has been repeatedly used for a reason. But at the same time, what I love about the way you do this is you just you tell a story that makes a load of sense. And what I love our listeners to do, at this juncture is just to try and keep your ears open because the people who were being called conspiracy theorists two years ago, are now getting phone calls and emails and messages from people saying, Okay, I'm sorry. listening, listening, what else have you got? It's actually a conversation I had with my older brother the other day. The point is that the systems this the financial system is on the air and of course, a number of other systems will be ousted at the same time because of, or at least, in part, thanks to the evolution of blockchain.
Chris Plow 34:41
I'll just pick up on what you said about conspiracy theories
Martin O'Toole 34:45
go.
Chris Plow 34:45
Much of the vast majority of what I'm talking about comes from documentation from organisations such as United Nations World Economic Forum I'm when I'm talking about what will happen to currency and the numbers around it that is based around economics, which is math, which is truth. And history, monetary history. I try not to extrapolate and give my opinion as much as possible. Of course, obviously, when we're talking five years out and timelines, do you have to do a little bit but when I'm talking about 2025 2026, Central Bank, digital currencies, that's in their documentation? That's not me guessing.
Martin O'Toole 35:37
No, quite. And, of course, as you mentioned, the World Economic Forum have written a great deal of this in a lump of documentation, referred to as the great reset, and they have a website for it. And I suspect it's so immensely complicated, and deliberately so because General members of the public can't actually be bothered to navigate around it. But all of this is in there, isn't it?
Chris Plow 36:05
Yes. They almost always tell us what they're going to do. And it's just up to us to find the information. It's, it's part programming. They don't want to surprise people because then they will be, because then they won't be able to control the response. If they drip feed the the data and information about what their actual plans are, even if their plans are evil or not in the best interest of the people. And actually, what you see is that most people just roll over and accept it.
Martin O'Toole 36:42
And I think also, if you are continually providing information to people via the mainstream media, and then you change your mind, every two minutes, and then you go back, two minutes later, then you change your mind two minutes later, and then six months from now, the message has been twisted and turned that many times that you are genuinely headless, confused, then who do you turn to, to know what to do, but the same people who confused you repeatedly in the first place? So then you're hooked.
Chris Plow 37:20
Yep, completely agree. So blockchain blockchain, there is one blockchain that preserves your freedom and your right your human rights and your rights to free speech.
Martin O'Toole 37:35
Which ones that Chris
Chris Plow 37:40
is the only blockchain is decentralised the chain which is fair transparent, has a clear pre programmed money supply money monetary policy hasn't had any rights and policies changed since inception cannot be rigged and manipulated. No founder company can be bought off cannot be used by those that have the worst intentions for humanity compared to every other blockchain which potentially can go though that that way, which is the negative way the bad way work where it could work against humanity. So you know, the only pure the only one that matters any any blockchain that actually means anything is Bitcoin.
Martin O'Toole 38:35
I wasn't expecting you to say that. No, mean either. No, I was. I wasn't. Oh, yeah. No, I mean, Chris is, if you chopped Chris in half, obviously with a really sharp instrument, you would see like little BTC logos, I think all the way through him and your blood orange Bitcoin, turn orange.
Chris Plow 38:58
This this term blockchain is used by venture capital companies, by traditional finance, by governments by World Economic Forum to leverage the brand of Bitcoin for their own agendas. Because Bitcoin was the original blockchain they then set up all these weird and I was gonna say wonderful, not really all these weird blockchains with certain use cases with certain rights and that are almost always very, very centralised, the AI people can decide what happens on there and change stuff all time and and then they sell all of this stuff in the blockchain world in the crypto world as good as these centralised as better than the current systems. But ultimately, when you really boil it down and you'd be objective, much of what is out there, if not all of what is out there other than Bitcoin is replicating the existing system.
Martin O'Toole 40:20
What would you say to the people who believe that Bitcoin is also a false flag operation designed to trick? The great unwashed? Yeah,
Chris Plow 40:34
that message is coming out a lot at the moment that is being filtered into social media and the mainstream media, by people who understand that Bitcoin is the only threat to the great reset. So they're trying to they're trying to, again, they're trying to deceive the population. If the CIA or the powers that be develop the Bitcoin and gave it to the world, then they did an awful job, because what they delivered to the world was the best, hardest, soundest Fairest monetary system ever created. And they have delivered something to the world, which is a threat to all of their agendas and what they're trying to achieve. And what I mean by that is, they didn't deliver it to the world. Yeah, it was created by somebody that we will never know that they exist, a most slightly. A anarchist hacker, who understood where the world was going, all of the things that I just talked about, he got it 12 years ago, 13 years ago. He realised that the only way to Bitcoin to be a threat to the current system to be that potential lifeboat so that we all don't sink was to do it anonymously, and to disappear off the face of the earth, most likely, Satoshi Nakamoto is either dead or incapacitated. And we will never know who it is. And we shouldn't want to know who it is because it's actually the as well as the as well as the codes, the white paper being perfect money. The fact that he disappeared so early on, is the magic ingredient. We'd have if that hadn't have happened, then Bitcoin would be under threat from that person being arrested, corrupted. And that is the problem with all of these other blockchains because we know that power corrupts absolutely. And this is why everything else will be a theory. I'm Solana, Cabana, all of them. They are all they are either started in a fraudulent, corrupt manner. They're in the process of going through that or they will go through that in the very near future as they get to a big enough scale. where governments powers that be people are very influential who have ulterior motives weave their way into the situation and manipulated for their own good.
Martin O'Toole 43:45
And of course, Satoshi could be a man could be a woman could also be a collective right?
Chris Plow 43:51
We know it's a man. Okay. There's a forensic analysis of all of his work and posts. It mentioned the I can't remember exactly how we know it's a man but we do know it's a man. It's one of the very few things that we know where you can imagine all of the best internet forensic analysis hackers tried when they're trying to figure out who this is 12 years down the line. Nobody has even got close. There is no trail left. So that shows you how amazing of a hacker anarchists coder Satoshi was. He had all of this foresight. And what we're left with now 12 years down the line is Bitcoin being fully fair, transparent, decentralised, and incorruptible.
Martin O'Toole 44:53
Yeah, well, hopefully for anyone listening who still didn't quite get it. You are at least now more intrigued than you were before you started listening. And so thanks for for adding to that. I suppose you lead nicely on to the question on the lips of many a Bitcoin holder and indeed crypto enthusiasts and that is what the flip happened to the forecasted meteoric Bull Run streak.
Chris Plow 45:23
Good question. So taking a step back, up until, up until a month or so ago, we've seen Bitcoin operate in pretty symmetrical four year cycles. And that is, every four years we have the having the having is when the supply of new Bitcoin coming onto the market cuts in half. And when there's a certain amount of demand and supply cuts in half, then price goes up supply and demand. So every four years, we get this supply shock in the market. The last one happened in May 2024 years before that, four years before that. Both previous times after the halving the price went up a lot and then culminated in a parabolic blow off top about a year or a bit later after the halving. So that happened in 2013, and 2017. We had the halving in May 2020. And I that was when I really started teaching, coaching, and speculating on what might happen to Bitcoin in the future. And ice my thesis was that the bitcoin price will go up loads after the halving because of this supply shock. That was in May 2020, the price was at $8,000. Now, from May 2020, to April 2021, the price went from $8,000 to $64,000. So big tick, I was right. Went out five times, I'll say, after the having well done you. April 2021, we had the what we call the midcycle. ShakeOut. And that is, in both previous cycles, we had a middle of the middle of the cycle, the price went down loads, sorry, in 2013, it went down 75%. In 2017, it went down 40%. And in 2021, it went down 54. So that was an average of the two. Absolutely what we expected our saying that there was going to be a lot of volatility, and a mid cycle ShakeOut. So another tick. From the bottom of there, we had a nice run. So we went down to about 20,000. And then we had a nice run from the bottom 28,000 to 69,000, which was in November. That was what we expected at the bottom of the mid cycle shakeout we'd have a nice run up. So another tick. And then what we expected, because it's what happened in the previous two cycles, is when we reached that sort of level, you know, when we'd had a nice increase, which we did to 69,000, we're calling that lift off, because in the previous two cycles, the price then when we say parabolic or vertical, in 2013 2017, it went up many, many multiples over one to two months. And that was the stage we were at sort of mid November end of November ish. And what we've seen since then, is that that hasn't taken place this time. And we've seen the price go from 69,000. Back to about just under 50,000 where we are now. So that's the first, you know, URL that we've taken in terms of our predictions. And so the question is, what happened? Should we be concerned? Well, we'll cover what happened first. What we believe is the main reason for it is a lot of selling that wouldn't be expected from China. So China banned Bitcoin. Last summer, no, this this summer, summer of 2021. But they they gave a a timeframe of the end of the year for their exchanges to stop offering Bitcoin investments to Chinese residents. And therefore, what we've seen over the past few months, particularly, is that a lot of selling on Chinese exchanges of Bitcoin. And that was unexpected, because it's a, you know, external event, which we can't account for, if we're, you know, forecasting a year in advance. But also in summer, we kind of fought it, it all happened. And we didn't, I didn't think and most people didn't think that there'd be all this selling throughout the rest of the year. And looking back, that's what we've seen. So we've seen a lot of selling pressure from China. That's the main reason. There are a couple of other reasons, which I don't think we need to get into a bit of fear across the financial markets, generally. And, you know, I know I said that in times of uncertainty, then financial markets go through the roof, and they do, but within that, there are periods of extreme volatility. So over the past month or so, all financial markets stock markets have been they've been nervous. So stock markets have been going down a bit that impacts Bitcoin. So, but all of that is short term, even the selling from China is short term. Bitcoin is long term. Bitcoin has been around for 12 years, but it's going to be around for another 100,000, many, many years? We don't know, right? But gold, of which Bitcoin is a better version has been around since we discovered it, it's been a store of value since we discovered it. And bitcoin is the best money that we've ever discovered, it's 12 years into its journey, it's not going to stop working suddenly, after 12 years, because it's designed perfectly, perfectly flawlessly. And as the well, because they get becomes more uncertain, uncertain. And as they print more and more units of currency, Bitcoin becomes more important. Because the fact that there is only 21 million of them, which we've covered in the first podcast, that will never change. And the more people realise that, the more they will buy, now, there's been selling from China, right? What have we seen, on the flip side, we've seen a lot of buying in the West in the US and the UK, Europe. So you're seeing a rotation of long term Bitcoin holders, from the east to the west. If you live in a state like China, it is very, very hard to go against the government. So of course, there will be Chinese people who were storing their Bitcoin in hard wallets under the bed, you know, but you're really putting yourself in danger if you do that. So it's quite understandable that there's been a lot of selling coming out of China. In the West, we don't quite have that level of government control and tyranny. Now we have a lot of it. We have a lot of it. But they're not a stage yet where they're trying to control which financial assets were young. I do expect that that will come at some point in the future. But by that point, bitcoins already a $1 trillion asset. By the time that they try and do that in five years, it truly will be too late. Right now is the perfect opportunity for people to buy very, very cheap Bitcoin to protect themselves from the future and the central bank digital currencies, which we'll come to we know for sure that Bitcoin continues to appreciate in value versus fiat currency. We try our best to predict what will happen in the short and medium term. And like I said, we we've had a lot of tics, and sometimes there'll be some hours as well or crosses. And that's fine. We can't at this point. We can't we don't know if there's gonna be a parabolic blow off top anymore because things are stopped looking how we expect them to look, but what we do know is that there's only 21 million Bitcoin For the past 12 years, the price has gone from one cent to $69,000. And now we're at $50,000. Anybody that has accumulated Bitcoin, over the years, has become a lot wealthier, and therefore a lot freer. And that hasn't changed. In fact, you know, if you were looking to buy bitcoin, we haven't had a massive increase in the price, you've had a result.
Martin O'Toole 55:29
So I suppose your advice to anyone currently in Bitcoin? Or even thinking about it is still buying buy while it's low and keep huddling?
Chris Plow 55:41
Yeah, any, you certainly shouldn't be selling your Bitcoin, because what are you buying with it, you're gonna buy dollars, and pounds and euros. So that seems like a terrible thing to bang, you're buying something that's losing 15% per year. Of course, you could buy gold, silver land, stocks, but Bitcoin has been going up at an average of 197% per year. And all of these other things have been appreciating it 20% That's why I'm in Bitcoin, we say, t near ti na, there is no alternative. Because when inflation is 15%, and these other assets and making 20%, you're not really moving forward. Bitcoin has been appreciating 197% per year, even if that decreases a little bit and appreciates it 100% per year, you become a lot wealthier very, very quickly, all you need to do is huddle. Anybody that's huddled for four years. Anyways, huddle for eight years has become financially free. And now is a great time and the really isn't a bad time to dollar cost average. That means buying Bitcoin on a regular basis. If you have an income, then figuring out what percentage of that you need for your day to day expenses, and any upcoming costs, but not holding anything in fiat currency that you don't have to because you know, it's going to lose 15% per year. So seeing your fiat currency is an investment. Are you going to invest in dollars knowing that it's losing 15% per year? No, not obviously, that would be a terrible investment. Therefore, anything that you don't need in fiat currency getting into assets. And as I explained, there are many assets. But for me, there is no alternative and that is that is Bitcoin.
Martin O'Toole 57:50
Yeah. Well, I still continue to agree with you. I saw, obviously you have a community of people that you communicate with on telegram and you share videos on a regular basis in the Bitcoin playbook. I saw plenty of people having a meltdown and saying, Chris, what's happening, what's happening? You know, I do I feel for you. And I see this happening, by the way, brother, because, you know, because I always see you saying the same thing. Breathe, calm down, switch off the news, to get the foot. And please just remember the long term plan here, right, and that is to buy low and hoddle
Chris Plow 58:30
and accept and embrace the volatility. When the value when the Weimar Republic was collapsing due to hyperinflation. At that point, you would have wanted gold. Bitcoin didn't exist in the 1920s. And the gold price appreciated from one mark per ounce to a trillion marks per ounce, that that journey was very volatile, it didn't go up in a straight line. Gold, the gold price was going up or down 30 40% per month. And notice I said are down within that there are big decreases as well as increases. And Bitcoin is a lot more volatile than gold. Because he is on the front line taking on the financial system, and there's only 21 million of them. It's absolutely scarce, it's more scarce than gold.
Martin O'Toole 59:30
And as you say he's taking on the financial system. Just everyone give it take a moment to think about that. There's a currency currently available that's taking on the financial system. That's the building blocks of what some people call civilization. I don't tend to think of the situation we're currently in a civilised personally but so with that in mind, it stands to reason that all of the things you've you've said and if any people are to, to take on board Lord, what you're talking about on a larger scale here, then it stands to reason that Bitcoin will come under assault on a regular basis for a great well, a much longer time than where we're at now.
Chris Plow 1:00:15
Yeah, and you just described how it's happening because you asked if bitcoin was a plant from the CIA or the powers that be, you know, this is an assault. This is media propaganda, just like the climate change narrative in summer, which was all propaganda, just like all of the headlines that come out of government saying they're looking at legislating or banning Bitcoin. Yes, this is going to get extremely, extremely bitcoin is on the front line of this of this war for our rights and freedoms and war is volatile. Now bitcoin is bitcoin is coming from the light, and it promise, and it is trying to do this in a peaceful way. I, it's a fair, transparent monetary system that is available to everybody, everybody can and should buy bitcoin, whether they're good person or bad person. That is the beauty of it. But it will, if they try and fight, then it will fight back in its own way. Because it will take away all of their power over the long term, it will, you know, it will work its way in to all of these dark places. It for example, there are politician senators in the US that are buying Bitcoin. And we know, perhaps, you know, that area is full of darkness. And bitcoin is working its way in there. Hi. I imagine there's a few of your listeners who liked the plant medicine, Ayahuasca as well. And as shaman once said to me that the Ayahuasca vine was infiltrating the systems and the world and bringing that light and medicine. And that's exactly what Bitcoin is doing. So it's like the light that's coming through the cracks. Yeah, and it will take away the power that's currently within these systems. Because there's only 21 million, and it's fair, and it's sound. And if you can't stop it, and you can't stop it, then what do you do you start, you start buying it, at least to hedge yourself even if you're a bad person and in inverted commas. You're gonna buy it to hedge I Bitcoin could in this is them this is them thinking things through? What if bitcoin does achieve all of its goals and take down our current systems are? Well, I better have a bit. Right? Yeah. And that's a fair assumption. And you're seeing that at the moment, we know that George Soros recently bought Bitcoin. So Bitcoin is winning, has been winning for 12 years will continue to win. And if you just buy it and switch off from news, then you've got no problem. If you want to watch the news and read the headlines, that's fine. But just know that Bitcoin wins in the long run, and you may see your the value of your Bitcoin versus the dollar go down 50% in a month, but when it's going up 197% per year, you're gonna be okay.
Martin O'Toole 1:03:56
Yeah, like Newsflash, I suppose my, the thing I would add to that is my only advice to anyone who's listening to this, who is not currently involved in crypto would be, don't listen to the mainstream media. Don't do what the BBC or sky or CNN tell you to do. You've got to dig deeper, and they're sorry, there's a pile of other newspapers there that I couldn't be bothered to list. But you've you've got to dig deeper. You've got to you've got to really do your own research on this. And also, you fundamentally got to ask yourself, because I'm sure if some of you are, well, why would this media company say bad things about Bitcoin? Why would that media company say bad things? Why would this politician be anti it? Well, the sad fact is that they're all interrelated. And when you dig deep enough, and actually, in some cases, you don't have to dig that deep to discover that politicians and non exec directors have certain companies and they're all They're all into, they're all into linked and involved with one another. So there's a there's an entire system here that really doesn't want Bitcoin to do what it does. Moreover, it really doesn't want you to hold Bitcoin. And that's the fundamental point. So I'm not interested in preaching to anybody, I never have been, as I've said, on every other episode of this show, I respect your truth, I have a truth. My Truth is, I used to think the same way. I didn't understand crypto at all, I thought it was all nonsense. And I trusted my government, and I trusted my medical system, and they trusted the banks. And now I don't trust any of those organisations. And all I would say is do your own research.
Chris Plow 1:05:50
Or listen to the mainstream media and then just do the opposite.
Martin O'Toole 1:05:53
Or do that. But I hope no, because where are we at now? 2% take up on on Bitcoin at the moment. Is that right?
Chris Plow 1:06:01
3.7%. Right. Yeah, it's definitely gone up over the past year. I made sure I got the latest numbers. 3.7% Global adoption is around the internet in 1998.
Martin O'Toole 1:06:19
Right comparison, because of course, everyone thought that wasn't going to last as well, didn't they? Well, there would have been
Chris Plow 1:06:24
a range of opinions. Some people saying it was a fad. Some people were saying it was a trap. Some people saying that technology is exponential, and it has network effects. And the more people that use it, the more secure and valuable it becomes. And therefore what's most likely to happen is all media telecoms communications is going to get eaten up by the internet. And if you would have had that foresight, you would have been right, and you would have made sure that you saved your currency in technology stocks. And you would have been financially free now. So Bitcoin in 2021 3.7% global adoption, you ask yourself, is Bitcoin going to continue on the adoption curve that it's on which is very much aligned with the internet, essentially following the same path? And for that to happen, you're asking yourself, more normal retail investors going to realise that their currency is being destroyed? Are they going to see the price of the food and energy going up, and realise that they need to save in better money better than Fiat? People who already own Bitcoin going to realise that their real estate, their stock portfolios, their bond portfolios, are going to underperform Bitcoin and start to move more of their wealth and assets into Bitcoin. More companies are going to realise that the dollars that are holding on the balance sheet are a melting ice cube, like Michael Siler at MicroStrategy, who initially bought $250 million of Bitcoin and now he has $7 billion worth of bitcoin. And there are more companies such as Tesla and square, you hold Bitcoin. And more countries such as El Salvador, going to realise that using the US dollar, which is what a lot of these Central American South American countries use, is the reason why they can't get out of their predicament, which is that they're extremely poor, and they're struggling to find prosperity and, and build infrastructure. And their people are struggling to save money because the currency is being destroyed. In El Salvador, in particular, in many of these other countries, a big portion of their GDP is remittances. And that means that a member of the family usually the guy goes to somewhere like the US works, and then sends back his paycheck for his family to live. That was hot around half of El Salvador's GDP. But these people which were doing this, what they were what they had to do to send their dollars back to El Salvador, which is a payment intermediary, mostly Western Union, and Western Union, were taking 40 to 50% in fees, because they're vultures, warehouses, and imagine if you've got $100 to send back and $40 has been skimmed off the top every time. And this is why El Salvador has has announced has launched Bitcoin as legal tender in the country. written into law so that people can choose if they wish to save in Bitcoin, and so that they can send their remittances through the Bitcoin network with no Vaucher sat in the middle taking fees from them, they can do it it seamlessly and not losing anything and fees. So the GDP of El Salvador looks like it's going to increase by about 20% Next year, just because they they've gone with Bitcoin is legal tender. Imagine how many Central and South American countries are watching, we know that they are there are many politicians and senators in these countries that are turning on laser eyes, ie they're thinking about Bitcoin. So a more country is going to realise this. So we all ask ourselves that question. If the answer is a yes, then it seems like Bitcoin is a good place for your savings? And if the answer is no, that's fine. You know, that's, you know, that's maybe in 1998, you said the internet wasn't going to catch on. But what would be important, is still to get out of fiat currency because your fiat currency is going to zero. So if it's not Bitcoin, figure out where you're going to save. Historically, gold and silver has been a good option, because gold and silver is relatively scarce. And then your other options really are stocks and London real estate, but making sure that you're avoiding that fiat currency.
Martin O'Toole 1:11:35
Yeah, solid advice all around and across El Salvador also came under fire, as you would expect, as part of this fear, uncertainty and doubt and, and they actually, they, I love that I follow the president of El Salvador on Instagram, and it doesn't mess around, it didn't pull any punches. But of course, it was a load of foot this earlier this year about the gratuitous costs to the environment of cryptocurrency, and no point in debating that presently, although we can do at some point in the future. But his comeback was immediate. And that was, well, that's no issue to us, because all of our data mining centres are going to be powered by volcanoes. Brilliant. You got no come back to that. Oh, okay. Then. Yeah, pipe down. We are doing Bitcoin. Thanks for that. Chris, you, as always, you shared a lot and really nicely, calmly and and collectively. So hopefully, people are taking it on board. I think primarily, all people need to do at this stage. Well, either as well, while I'm inviting people to do at this stage is just to, if you've got to the point where as Chris alluded at the beginning of this session, perhaps you actually trust your government a lot less than you did two years ago, and you trust the media a lot less than you did two years ago. And you're starting to do the maths on inflation, and you're starting to realise your money is actually worth 15% less than than it should be, then perhaps it's time to start to do some research. Don't listen to it. Don't listen to him. Don't listen to me. Don't listen to her. Don't listen to anybody else. go off and do your research, you know, because it's all out there to find. Okay, as you remember, Chris, we have a little segment on the show, which is called Be my guest. I remember that. Did we do that last time? I think we did, didn't we? We might have done yeah, we did. Anyway, for those of you that have never heard an episode of how to die happy before, it's really simple. We invite listeners to get in touch if they quite fancy asking a question to the guest. So here we go. Be my guest. Let's talk my friend. Let's talk my favourite. This isn't the you were free. Okay, we got two questions from the same chap. First question.
Guest caller 1:14:16
Hi. So my first question really is about whether crypto in general can be trusted. We hear all the time now that we need to trust our banking institutions. And crypto is in somehow unreliable or a Ponzi scheme set up to just you know, take fleeces of our hard earned cash. So there will be there will be my first question Can we really trust Bitcoin? Can we really trust cryptocurrency you've
Martin O'Toole 1:14:47
already I in my opinion answered that but what have you got for him?
Chris Plow 1:14:50
Yeah, it's a really good question. And there's a there's a there's a phrase in Bitcoin called Don't trust verify And what that means is you shouldn't trust anything or anyone apart from yourself, maybe your loved ones. And particularly Bitcoin crypto financial system. Don't trust any of it now, absolutely. So what you know, that might be surprising. What do I mean by that? Does that mean don't buy bitcoin? Well, you don't need to trust Bitcoin because it's pre programmed money. It's very, very simple. It's a ledger of transactions, that is verified by a decentralised network. And there's only 21 million Bitcoin, you don't need to trust Bitcoin, because it's math, and math is truth. Truth is freedom. You can verify that for yourself, you don't need to trust what I'm saying, or any opinions, you can go and look at that. And it's very, very straightforward. Once you realise what I'm talking about, which may take a little bit of reading, definitely read the Bitcoin standard, it's a great book, once you have that base level of understanding and knowledge, you don't need to trust anymore, because you understand it. And you understand that it cannot ever be anything different to what it is today. And that's a good thing. That's exactly what we need. Because everything else in the current financial system, including all of these other cryptocurrencies, they change the rules all the time for their own gain. The one asset the one digital asset that that will never ever happen with is Bitcoin.
Martin O'Toole 1:16:38
Nice. And I wonder whether the central banks could say the same thing. Question Do?
Guest caller 1:16:50
My second question is about central banking, digital assets. And I guess how that fits why, why? Why is? Why would the central bank digital currency be better than what already exists? And if I actually have a choice as to what to where to put my money? And I suppose that's the big question, isn't it? Will we have a choice? Or is this something that's going to be dictated to us? If I have a choice, would I go with a CB DC, or with a cryptocurrency that already exists? Or perhaps one that doesn't exist at this time?
Martin O'Toole 1:17:35
But a great question. Thank you very much for that.
Chris Plow 1:17:39
Yeah, that's a great question. Now, central bankers have a certain level of control over fiat currency, ie, they decide how much to print, they decide the interest rates. They have some influence over banks sometimes tell you what, where you can and can't send it to. But they're lacking for control over fiat currency. So particularly cash, we can still do transactions in cash, which they can't track and trace, we still have some level of control over who we send it to, even if we do that digitally. So the really, the main reason why they want to launch the central bank digital currencies or why they are launching these central bank digital currencies is to take full 100% unanimous control of the monetary system, they've been slowly taking more and more control since we left the gold standard because they couldn't control gold. And they've got a lot of control. Now, central bank digital currencies are the final nail in the coffin. So when they do switch over 2025 26, you'll get your central bank digital wallet. So whether that's with the Bank of England, the Federal Reserve, the current bank accounts that you have, with HSBC, or you know, Bank of America or wherever you are, they will cease to be useful, they will really just disappear over time, because you'll be banking directly with the central bank. And it will all be done through an app on your phone. Now, by this point, we talked about what is likely to happen up until then, inflation will be rampant. And any current savings that you have will basically be worthless. This is why you need to get our fiat currency. So when the central bank digital currency goes live, what you will get in there is some form of universal basic income or you'll get a direct deposit from your central bank whether that's what weekly or monthly, we don't know. A lot of people will think that that's awesome, like they did with their furloughed checks or their stimulus checks. But very, very quickly, because you can't create new units of currency without creating inflation, it's simple economics, the free currency that you're getting into your digital wallet will become worth very little over a year or couple of years, who knows, it will essentially be enough to buy your most basic rations, because that's how inflation works. At that point, the price of bread and milk is most likely to be something which we can't even imagine, at this point, hundreds 1000s We'll see how it goes. And not only that, not only will that free money that you're getting not be worth very much. But because it's fully digital and fully controlled, you will be told where you can and can't spend it, what you can and can't spend it on. And even openly talking about, which means that probably going to do it is that you'll have a certain timeframe where you can spend it. And if you don't spend it within that timeframe, it will disappear. At this point, in this new world, this full totalitarian control world, the final piece of the jigsaw is the central bank, digital currency. If you haven't taken the steps before then over over the next few years to find ways to opt out of that system, then you'll be trapped. Because you won't be able to move out of whatever systems that they have approved. And that's most likely the point where you won't be allowed to buy bitcoin. At the moment, there's no way they can stop you. But at that point, they will be able to stop you. And that is a really, really bad place to be in. Because no shit, all of your freedom and rights have been taken away at that point. That is basically Man's Search for Meaning meaning where Martin, the work you've been doing will be even more important. Because you'll only have what's left inside.
Martin O'Toole 1:22:39
Yeah, well, I suppose it'll be man's search for money as well, because it will suddenly all go missing to the bank switched off.
Chris Plow 1:22:45
Yeah, and with you know, this is very much the path that China is on. You know, let's not get into the detail, but it'd be very much linked to social credit scoring as well. Everything will be tracked and traced and surveilled. We have a window of opportunity, every single person has a window of opportunity to opt out of that system. We can do that in many ways, not just the money you can start using decentralised or non mainstream technology. You know, for example, using telegram rather than WhatsApp or using Odyssey rather than YouTube. You can start growing your own food, living off the lungs, start finding your own energy sources, water sources. And I suggest everybody starts thinking about all of those things. But in terms of your your wealth, and your money, the optout right now is to hold Bitcoin and to save in Bitcoin. Particularly over the next few years, it's probably going to become more and more important to hold your Bitcoin off of any systems or exchanges a on a USB or hardware wallet that they can't take off of you. We're not quite at that stage, I don't want to put that fear of panic into everybody. But over the coming years, when we're talking about opting out of the New World, which we expect to be in place 2025 2026, particularly 2030, we know that's the great reset, then finding ways to operate outside of all of that is the way to go. And bitcoin is at the centre of that Bitcoin is is the only place truly where you can have your rights and freedoms taken away. When you hold a Bitcoin or a fraction of a Bitcoin, you will always hold that percentage of the total supply of 21 million. They can't change that no one can change that. It will only change if you accumulate more of it, which is great. Or if you fall for all the fear and propaganda and you sell, and then you're moving in the wrong direction.
Martin O'Toole 1:25:09
Thanks for that, Chris,
Julia Malcolmson 1:25:10
it's so great being reminded of the steps that we can actually take, you know, a lot of that sounds pretty heavy stuff. But actually,
Martin O'Toole 1:25:19
I feel like I feel like putting in the bleak midwinter background, but it's
Julia Malcolmson 1:25:22
nice to be reminded of the steps we can take. And I know for myself, I don't have a lot of Bitcoin. But you know, the smaller little bit I have, that. I'm very grateful to you for a lot of this, because I'm very calmly hoddled it for some time. And, you know, I can just switch that off. And I'm not I don't worry about it. But it's almost given me this slight self empowerment, which I never would have had before. You know, and I've I just had a little bit of fear currency in the bank not doing anything,
Martin O'Toole 1:25:48
I don't think is slight either is its its ultimate empowerment, because as Chris has clearly articulated through this episode, there is unequivocal power in this currency. And the only thing that can remove that power is the majority caving into fear, due to all the propaganda that they're going to be served, they have been served and will continue to be served. For the next few years. You know, I'm sphere, I feel like sharing Viva la than evolution. But, you know, fundamentally, I kinda, you know, there is some there are certain topics I'm not particularly interested in talking about on the show, because I think there are, there are plenty of great minds already talking about certain things that are happening around the world right now. But when we get to, to this point, where we're talking about, well, the difference between freedom and a whole other level of slavery, which, as you've said, is already been predicted by the World Economic Forum, in nygean. In agenda 2030, in the great Reset, reset documentation, you know, I can't stay quiet about that. I mean, this is this is next level crazy stuff. That's that's going to happen. And it will be a totalitarian tiptoe. It will just creep up. And it's if you look at what's happened in the last two years, to people's freedom, and all of the laws that have been changed right under your noses, and I'm sure many people don't even know many people don't even know about the Coronavirus bill in the UK. And I'm not interested in talking about the Coronavirus bill. But if you actually got make yourself a cup of something hot, and read the details of that bill, you as I did, will discover a great many laws in that documentation that from what I can see, I've got broadly nothing to do with the treatment of a virus. Now, this isn't conspiracy theory. Again, this is fact it's all there to be seen. So yeah, you know, every time I talk to you, Chris, I find I find them feel I feel a bit revolutionary.
Chris Plow 1:28:05
Yeah. And do you want the full hopium of how this turns out? Incredibly Well,
Martin O'Toole 1:28:10
I think it goes without saying this being a Christmas issue we could do with some bloody good news, please.
Chris Plow 1:28:16
So by the year 2030, we'll have two distinct societies, you'll have the people that have chosen to be part of the totalitarian system, because it is a choice. And unfortunately, a lot of people are choosing that. And everybody else are the ones that have chosen freedom by taking those steps that were discussed. And those people will own Bitcoin, the free society will be trading and operating on a Bitcoin standard. Because we won't want to use their central bank digital currencies. And we know that societies that operate under fair hard sound money, ie the gold standard in the 1800s, or the Roman Empire, who were on a gold and silver standard, they flourish. And they see incredible achievements across trade, entrepreneurship, art, culture, health, and they progress at an incredible rate on a, you know, that's let's call it a basis of truth and love and happiness. Of course, nothing's perfect skirmishes and stuff happen, and there's still volatility involved, we should never try and take that away from humanity, because it's that risk and that volatility that that is an inherent part of being human inherent part of being in this realm. But what's, you know, the foundational layer is based on truth and transparency, which is a Bitcoin standard. And we know that that goes really really well. We know that the other side Alright guys really, really poorly. Anytime that communism has been tried, it's gone really, really poorly. So sorry to those people that are going to choose that route. But we know as well that communism always collapses, it's really a lot of suffering and then collapse. So when it does collapse, what happens is that the of a society based on freedom has flourished. And anybody that's still alive, or any resources that still exist in this society that has collapsed, will essentially just fall under the free society and the Bitcoin standard, it will be absorbed into that society. And when that when that cycle has fully taken place, I think we're looking at like 2050, then the world operates under a Bitcoin standard. And we are at that point in the new world that we've always dreamed of, which is based on truth and fairness and happiness and freedom. And love. Yeah.
Martin O'Toole 1:31:10
And I'm sure for a lot of people, it will feel like, well, of course, what you're talking about sounds utopian, of sorts, which is awesome. But it also feels like a long way away. And I suppose the only thing I can say to people is, well, this is a long term prediction. So you've got a lot of time to do something about it. And, you know, I'm not sure if there's been a time in history, where sis socio economic systems were going to erode and crumble on the scale of which we're, we've discussed, but people have had the information, and the time to do something about it. And I think that's something that's incredibly unique about where we're at right now.
Chris Plow 1:32:00
And has there been a time in history when each of your actions is so fundamental to the future of humanity? It's actually very exciting and empowering.
Martin O'Toole 1:32:12
Big time? Well, I think one of the many things, or opportunities that's presented to us in this day and age is, is to see the power of connection, the true power of what consciousness can do when it's when it's unified, you know, when we actually work together as communities. And actually, what you're talking about here, in this scenario you presented with a split society is is one of a social autonomy. Well, on the one hand, to social autonomy. And lest we forget, you know, sometimes I find myself talking on the show, and I say words, and then I move on and by actually sometimes just want to stop and think about that for a moment. Social autonomy, self governing communities. Wow, wouldn't that be nice?
Chris Plow 1:33:02
free market capitalism.
Martin O'Toole 1:33:05
I love it when you talk dirty.
Chris Plow 1:33:07
She know they've made the C word very toxic. For that what you're saying social autonomy is free market capitalism, capitalism, it's everybody can do whatever they want, as long as they don't hurt anybody. And they're able to direct capital to where they think is the most important projects, businesses trade. And that's always in the past. The only way that that's possible, is on a fair, hard sound money basis. So it can only happen when we're using golden silver or Bitcoin. And, like I said, every time it's happened in the past, it's been the best parts in terms of civilization.
Martin O'Toole 1:33:52
I'm going to venture too far as so far as to say that there is going to be absolute chaos. At some point, seriously, you're going to be wondering what the hell is happening on the planet, they'll likely be blood on the streets. It's happening. Well, that's true. Although I I suspect this is just one of the one of the nine rings of hell and we've more to weave deeper to dive. But yeah, lest we forget, absolutely. It's already happening. There is chaos. But then, of course, a great deal of it is not being televised. As Gil Scott Heron rightly predicted, well, you always leave me wanting to talk to you for another two hours on this show, Chris. But I'm not convinced we can do so. What I was trying to I was trying to do while we were while you were talking a few minutes ago as I was trying to work out how on earth do I ham fisted ly segue? A poem that my dad's recorded for the podcast as a gift into the how to die happy crypto Christmas episode. Because we've I think we've we smashed it open tonight when we smashed it open like a Brazil not a big one. Yeah. Well, I'll tell you what we'll do. We'll just pause for a moment. Let me explain. My dad is 79 He was 79 in September. And I've talked a lot on the show about my life story and about my healing journey. You know, the things that kind of things that have helped me get through a lengthy lengthy phase of depression and suicide and alcoholism and addiction and so on and so forth. And hallelujah here I'm 46 reborn, and got a lot of new things going on. And doing this podcast for example, but the old fella bless his little cotton's, I've never mentioned my dad, Mike. And I suppose my mum probably got more of the mentioned because of her alcoholism. So when I was a kid, my dad used to read this poem to us at Christmas. And so he's, he's, he's kindly recorded it now you'll have to forgive me for adding a few little extras to the recording, but I just like to play it for you.
Michael O'Toole 1:36:50
Towards the night before Christmas, when all through the house, not a creature was stirring, not even a mouse. The stockings were hung by the chimney with care, in hope that's Nicholas soon will be there. The children were nestled all snug in their beds, while visions of sugar plums danced in their heads. And Ma in her kerchief and I my cap, had just settled down for a long winter's nap, went out on the lawn that arose such a platter. I sprang from my bed to see what was the matter. Away to the window, I flew like a flash char open the shutters and throughout the sash, the moon on the rest of the new fallen snow gave the lustre of midday to objects below. When what to my wondering I should appear with a miniature sleigh, and a tiny reindeer. With a little old driver, so lively and quick. I knew in a moment it must be St. Nick. More rapid than eagles his courses they came, and he whistled and shouted and called them by name. Now Dasha now Dancer, now Prancer and Vixen, on the comet, on Cupid, on Donner and Blitzen. To the top of the porch to the top of the wall. Now dash away, dash away, dash away or as dry leaves that before the wild hurricanes fly, when they meet with an obstacle mount to this guy. So up to the house stopped the courses they flew with a sleigh full of toys and said Nicolas to and then in a twinkling, I heard on the roof, the prancing and pouring of each little hoof. As I drew in my hand, I was turning around, down the chimney St. Nicholas came with a bound. He was dressed all infer from his head to his foot, and his clothes were all tarnished with ashes and sawed a bundle of toys he had, so now he's back, and he looked like a peddler just opening his pack. His eyes how they twinkled. His dimples how merry. His cheeks were like roses. His nose like a cherry is draw little mouth was drawn up like a bowl, and the beard on his chin was as white as the snow. The stump of a pipe he held tight in his teeth, and the smoke, it encircled his head like a wreath. He had a broad face and a little round belly, that shook when he loved like a bowl full of jelly. He was chubby and plump, right jolly old elf, and I loved what I saw him in spite of myself. A wink of his eye, and a twist of his head, soon gave me to know I had nothing to dread. He spoke not a word, but went straight to his work, and filled all the stockings and turned with a jerk and laying his finger aside of his nose, and giving up the chimney heroes. He sprang to his sleigh, to his team gave a whistle, and away they all flew like the down of it. thistle. But I heard you might fail as he drove out of sight. Happy Christmas to all until a good night
Martin O'Toole 1:40:17
thanks pops.
Julia Malcolmson 1:40:20
Really sweet.
Martin O'Toole 1:40:21
Did you enjoy that?
Julia Malcolmson 1:40:22
Yeah.
Martin O'Toole 1:40:23
Thanks for indulging me there with that, Chris. But I thought it was important to share a little bit of Christmas and festive cheer throughout the seriousness.
Julia Malcolmson 1:40:34
Yeah, nice to hear a crackling fire.
Chris Plow 1:40:36
I'm fully excited now for the holidays.
Martin O'Toole 1:40:39
Yay. Well, the funny thing is, I'm sitting here and 30 degree heat in Bali with blue skies and a volcano in the back garden and Jules is safe to say you're a bit of a Christmas nut.
Julia Malcolmson 1:40:53
Not a Christmas nut. No, I just love the Christmas. I do love Christmas. Yeah, yeah.
Martin O'Toole 1:40:56
And I mean, when I when I use the word not I mean it positively. I on the other hand, aren't all that festive. So Christmas Grinch. Okay, I'm a mini Grinch. So, of course, with the environment we're in. It's more difficult because it's not cold outside. We're not wearing jumpers. We're not really socks. There's no, no snow. But when I when I decided to put that sound bed on with the fire in the wind. Suddenly, by the time it was over, I was like, Yeah, okay, I might be into the idea of Christmas.
Chris Plow 1:41:26
It's about spending time with family and loved ones. And not worrying about what's happening in the outside world, at least for one day.
Martin O'Toole 1:41:33
Absolutely. And I think also you use the word spending, it's, you know, spend your time, don't worry about spending your stored energy. That's as we've identified, losing 15% Nobody's really, or other people shouldn't be all that bothered about presence. Your presence should be the present. I know. That's a cliche, but it's very true. Well, it is. And I I know from experience in in my days of my heady days of mental illness, one of the concerns I always had at around this time of year was how am I going to how we're going to pay for it, you know, because I had this long list of, of stuff that people were going to get. In the end, it doesn't actually none of it matters. So thanks again to my dad for reading towards the night before Christmas is a nostalgic poem, for me at least. But also, I think it's just a nice reminder, as Chris said that Christmas is about family and friends and memories. And none of them need to cost a lot of fiat currency.
Julia Malcolmson 1:42:44
No just buy more Bitcoin.
Martin O'Toole 1:42:46
Or, well, yeah. If anybody's wondering what to buy me for Christmas, I'm, I'm taking Bitcoin What do you do for Christmas? Anyway? Chris, you're going to implant
Chris Plow 1:42:56
I'm at home with family.
Martin O'Toole 1:42:57
But of course you are
Chris Plow 1:42:58
and that's the best, best place for me right now.
Martin O'Toole 1:43:01
Yeah. Well, thank you again, for your wisdom and your and your time. I do so enjoy talking to you. And I hope we can continue these conversations. The wonderful thing about talking to you is there will always be something to talk about here. As the situation unfolds, and as society devolves before it evolves. And I was when I was listening to you speaking earlier on projecting what may well happen in the future, I was thinking, I wonder how many people at this stage are gonna go What the hell is that Kook talking about? And then in two years time, people are going to be saying, Yeah, have you heard this podcast? I hope people are saying this. But nobody will have heard of the podcast because we'll have no if you were the podcast, this guy was predicting this stuff two years ago. What the? What's the cool thing?
Chris Plow 1:44:01
So we're gonna do a running commentary on the collapse of civilization?
Martin O'Toole 1:44:05
I think so I think we might change your, your title on the website, wherever down is what bitcoin and cryptocurrency couch perhaps will have you down as societal collapse predictor. Something a little bit more catchy. We'd be working with that. Well, thank you again, if anybody wants to check, check out Chris. You can find him on the website as usual. That's how to die happy podcast.com forward slash on dash that show he's in there twice. Now there are two photos of him. And you can click on the image and you can go to his link tree and there are links to his Bitcoin playlist as a playlist.
Chris Plow 1:44:42
Yeah, play book. Please join my email list because I have some exciting things coming next year. Not just the 2022 Bitcoin playbook, but lots more. So get on there so I can keep you updated. Happy holidays to everybody. I remember that Bitcoin is freedom.
Julia Malcolmson 1:45:03
Thanks so much, Chris. It's always great to learn more from you. I do every time.
Martin O'Toole 1:45:08
I'll drink some eggnog to that. non alcoholic eggnog. Right. Thanks very much, buddy.
Chris Plow 1:45:14
Take care. Thank you.
Julia Malcolmson 1:45:15
Thanks, Chris. Bye
