The extreme left often claims to follow logic and "the science". But I've noticed a glaring pattern that contradicts this. And once you see it, you can't unsee it.

In this Take, I share my thoughts on the "holy trinity" the woke left actually worships. It starts with treating other people's money like magic. But seizing wealth is just the beginning. I break down the dangerous obsession with political authority and blind submission driving this hostile new religion.

Chapters

(00:00:00) - Woke left claims logic

(00:00:55) - Other people’s money

(00:01:38) - Money as magic wand

(00:02:17) - Money isn’t enough

(00:03:04) - Gov waste vs billionaires

(00:05:14) - Power as second god

(00:07:31) - “Trust the science” dogma

(00:09:24) - The holy trinity

(00:11:23) - Saving their own world

Affiliate Links

• Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/)\
• Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Host Links

⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)

Guy on X ⁠(Link: https://twitter.com/theguyswann)

Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)

Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake)

Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)

⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

References from the episode

Demand Sage: https://tinyurl.com/2blh4j3x

CNBC: https://tinyurl.com/y86nqau8

Fox News: https://tinyurl.com/25tpbxjz

NewsBreak: https://tinyurl.com/29wlamev

GAO.Gov: https://tinyurl.com/24szjfr5

NPR: https://tinyurl.com/2yfms6k7

Yahoo News: https://tinyurl.com/2cfvzxuy

Fox News: https://tinyurl.com/2xmslvkp

We Forum: https://tinyurl.com/26ltmt5r

The Hill: https://tinyurl.com/23wqhj5d

NewsWeek: https://tinyurl.com/28apgpqt

BBC: https://tinyurl.com/2y8zhvs4

BBC: https://tinyurl.com/23b522tn

The sentiment lately has been total garbage. We’re deep in a bear market, the red candles are stacking up, and people are getting nervous. So, I got the guys back around the table to ask a really uncomfortable question: what happens if Bitcoin actually dies?

We keep things pretty casual but talk through some heavy stuff. We debate the real dangers of leverage, the bizarre obsession with paper Bitcoin equities, and the petty developer drama surrounding mining protocols. Along the way, we come back to why many of us are still effectively all in on Bitcoin, and it's definitely not just for the price. Steve also drops an analogy about weathering the financial storm in the "basement", which it might completely change how you look at market crashes.

If you’re feeling the pain of this current cycle, you really need to hear where we ended up on this one.

Chapters

(00:00:00) - What if Bitcoin Dies?

(00:03:19) - Montreal news and homeless issues

(00:10:37) - Mechanic's update: BIP 110 and network

(00:12:11) - Critiquing Saylor, MSTR and Bitcoin ethos

(00:20:59) - Leverage and state centralization risks

(00:26:09) - Stratum V2 vs Datum decentralization

(00:38:35) - Decentralized hash rate marketplace

(00:49:10) - BIP 110 activation and exchange policies

(00:56:42) - Taproot key vs script spends analysis

(01:05:11) - Bear market sentiment and new Bitcoiners

(01:12:10) - Productivity, hope and social change

(01:29:16) - Why Bitcoin as the only truth

(01:47:59) - Bitcoin as ethical money and liberty

(01:55:25) - Outro

Guest Links

• Steve Simple Nostr (Link: https://tinyurl.com/3s6a8yn8)
• Steve Simple on X (Link: https://x.com/stevesimple)
• Bitcoin Mechanic Nostr (Link: https://tinyurl.com/2tm827ut)
• Bitcoin Mechanic on X (Link: https://x.com/GrassFedBitcoin)
• Jeff Swann Nostr (Link: https://tinyurl.com/3sjc3bcp)
• Jeff Swann on X (Link: https://x.com/agoristview)
• Jeff Swann's petition (Link: https://www.change.org/p/help-us-home)

Affiliate Links

• Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy)
• Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Host Links

• ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)
• ⁠Guy on X ⁠(Link: https://x.com/theguyswann)
• Guy on Instagram (Link: https://www.instagram.com/theguyswann)
• Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
• Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
• ⁠Bitcoin Audible on X⁠ (Link: https://x.com/BitcoinAudible)
• The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

"In this X post, I said I don't know the consequences of BIP-110. Plenty of people called that incompetent, cowardly, or both. Others praised it as humility. It's neither. It's just true. I don't know the consequences, and here's my claim. Neither do you."

~ Jimmy Song

I am reading Jimmy Song’s latest piece and things get a bit heated today. The debate around BIP-110 has everyone absolutely certain they know what will happen to Bitcoin. But as Jimmy points out, they don't. And honestly, neither do I.

Do we really understand the social consequences of these network changes?

Check out the original article: On Overconfidence by Jimmy Song (Link: https://x.com/jimmysong/status/2071637370881941750)

Host Links

⁠⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)

Guy on X ⁠(Link: https://twitter.com/theguyswann)

Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)

Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake)

Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)

Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

Check out our awesome partners!

• Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy)
• Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: https://bitcoinaudible.com/coldcard)
• Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

"Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted."

~ Ralph Waldo Emerson