ROL_2018-08-02_16k.timecode

[00:00.000 --> 00:29.560]  Markets for the 11th of April 2018 close with gold $1,353.22 an ounce.
[00:29.560 --> 00:31.840]  Silver $16.68 an ounce.
[00:31.840 --> 00:34.960]  Texas Crude $65.51 a barrel.
[00:34.960 --> 00:38.120]  Bitcoin $6,902.19.
[00:38.120 --> 00:41.280]  Ethereum $420.80.
[00:41.280 --> 00:55.520]  Bitcoin Cash $652.90 and finally Litecoins $114.34 a crypto coin.
[00:55.520 --> 01:02.720]  Today in History the year 1968 President Lyndon B. Johnson signed the Civil Rights Act of 1968
[01:02.720 --> 01:07.480]  which prohibited private businesses from discriminating based on race, color, religion, sex or national
[01:07.480 --> 01:08.480]  origin.
[01:08.480 --> 01:13.200]  It also prohibited unequal application of voter registration requirements, racial segregation
[01:13.200 --> 01:18.320]  in public schools, and employment, and public accommodations for places of business.
[01:18.320 --> 01:24.000]  Today in History
[01:24.000 --> 01:28.720]  In recent news, tensions in Syria seem to reach new levels after a chemical attack on civilians
[01:28.720 --> 01:33.000]  in the city of Douma, which left 40 dead and many injured, an attack which is being blamed
[01:33.000 --> 01:37.600]  on the democratically elected President of Syria, Bashar al-Assad, by the United States
[01:37.600 --> 01:42.120]  and on Israel by Russia, either accusatory narrative without any verified evidence as
[01:42.120 --> 01:43.120]  of yet.
[01:43.120 --> 01:47.240]  President Trump tweeted today Wednesday that if, quote, Russia vows to shoot down any and
[01:47.240 --> 01:51.600]  all missiles fired at Syria, get ready Russia because they will be coming in nice and new
[01:51.600 --> 01:56.440]  and smart, going on to warn Russia that you shouldn't be partners with a gas-killing animal
[01:56.440 --> 01:58.640]  who kills his people and enjoys it.
[01:58.640 --> 02:02.680]  Many in the West, including President Trump, have been quick to conclude that this chemical
[02:02.680 --> 02:06.840]  attack must have been conducted by Assad and his forces.
[02:06.840 --> 02:11.080]  Syria and Russia, on the other hand, have given approval since yesterday for the organization
[02:11.080 --> 02:15.880]  for the prohibition of chemical weapons to investigate the side of the chemical slaughter.
[02:15.880 --> 02:19.440]  Assad has been successful in maintaining rule and support during Syria's seven-year civil
[02:19.440 --> 02:24.040]  war, a civil war that is being fought by the government of Syria and anti-Assad Syrian
[02:24.040 --> 02:28.840]  rebels that are openly being funded by Western governments, with ISIS being one of the more
[02:28.840 --> 02:32.560]  notorious splinter groups of the American-backed Syrian rebels.
[02:32.560 --> 02:37.880]  No surprise then why Russian Foreign Minister Spokeswoman Maria Zakoba posted on Facebook
[02:37.880 --> 02:42.240]  that smart missiles should be fired at terrorists and not at a legitimate government, which
[02:42.240 --> 02:44.440]  has been fighting terrorists.
[02:44.440 --> 02:48.280]  Or is this a trick to destroy all traces with a smart missile strike, and then there will
[02:48.280 --> 02:55.280]  be no evidence for international inspectors to look at?
[04:18.280 --> 04:25.280]  Okay, howdy howdy, this is Randy Kelton, Debra Stevens, rule of law radio on this, the
[04:49.280 --> 04:56.280]  second day of August 2018, and we don't have the phones on right now.
[04:56.280 --> 05:02.280]  I'm going to keep them off probably for the first half of this show.
[05:02.280 --> 05:07.280]  I'm going to talk about something that has been going on.
[05:07.280 --> 05:12.280]  You know we've been working on the electronic lawyer project.
[05:12.280 --> 05:19.280]  Well, something in doing the research and such, something else has emerged, and a realization
[05:23.400 --> 05:27.760]  has emerged, that things are going on.
[05:27.760 --> 05:34.760]  I know Debra spoke to me about crypto and blockchain, and she's been talking to me about
[05:36.440 --> 05:40.120]  that for a long time, but I was so busy with what I was doing I didn't have time to look
[05:40.120 --> 05:47.120]  into it, and now I'm reaching the point where this is becoming important, and I've found
[05:50.440 --> 05:56.720]  something rather remarkable, you know, I've got a, you've probably heard me complaining
[05:56.720 --> 06:03.720]  on the air about programmers for a long time, that I can't seem to get programmers to wrap
[06:03.720 --> 06:07.800]  their head around what I'm doing.
[06:07.800 --> 06:14.800]  And I believe now it's clear why. Before I started building this tool, and before I
[06:19.960 --> 06:26.960]  did the radio, my primary interest was psychology, and I studied psychology from the perspective
[06:30.760 --> 06:37.040]  of an engineer. Engineers don't do vague generalities.
[06:37.040 --> 06:44.040]  We need step by step. We treat instructions like tech manuals, and when I began to study
[06:46.440 --> 06:53.440]  psychology, I studied it from outside the standard psychological metaphor, in that I
[06:55.880 --> 07:01.080]  went to college for electrical engineering, not for psychology. So I studied psychology
[07:01.080 --> 07:08.080]  on my own, and I came to some very different conclusions than what a professor would have
[07:09.040 --> 07:15.040]  wanted me to come to, because I later took some courses and I was not happy.
[07:15.040 --> 07:22.040]  When I studied psychology, I found these people talking about some very sophisticated psychological
[07:22.040 --> 07:29.040]  metaphors. Freud, Piaget, Pearls, all these different guys, every one of them had a whole
[07:33.960 --> 07:40.960]  different story to explain how the human animal functioned. And that was always problematic
[07:44.360 --> 07:49.720]  to me because I'm an engineer, and I only see one human being. There's a lot of human
[07:49.720 --> 07:56.720]  beings, but I see one basic creature, and I've got these guys with all of these dramatically
[07:56.920 --> 08:03.520]  different stories to explain how this creature functions.
[08:03.520 --> 08:10.520]  So being the engineer concerned me that we didn't have a model. We didn't have anything
[08:10.520 --> 08:17.520]  basic to work from. I can do calculus, but I can only do calculus because I can do trig,
[08:20.280 --> 08:27.280]  because I can do algebra, because I can do math, because I can do one plus one is two.
[08:28.000 --> 08:35.000]  I was looking for the basic math of the living mind. It was not there. I couldn't understand
[08:35.000 --> 08:42.000]  how these people could come up with these highly sophisticated explanations of how the
[08:42.000 --> 08:49.000]  mind worked when they had no basic structure at all. So I made one. I sat down one day and
[08:53.560 --> 09:00.560]  imagined that I was an alien zoologist from a backwater corner of the galaxy, sent to
[09:00.560 --> 09:07.560]  a backwater corner of the galaxy, to a tiny rock rotating around a mediocre star to examine
[09:11.160 --> 09:18.160]  the creature Homo sapien sapien. Now this was done for the purpose of a disassociation.
[09:19.640 --> 09:26.000]  It's hard to examine a creature that you're inside. So I stepped outside the creature and
[09:26.000 --> 09:31.480]  looked at it from a distance. Now I couldn't dissect the creature. I couldn't touch him.
[09:31.480 --> 09:38.480]  I couldn't interfere with him in any way. All I could do was observe. What could I determine
[09:39.640 --> 09:46.640]  from simple observation? And I had no interest in abnormal psychology. Talking to all of
[09:47.480 --> 09:54.480]  these, reading all these psychiatrists, different metaphors, they're all dealing with abnormal
[09:54.480 --> 10:01.480]  psychology. Not one of them ever spoke to normal psychology. How do normal human beings
[10:05.080 --> 10:12.080]  function? How on earth can I accuse someone of acting abnormally when I don't have a
[10:12.160 --> 10:19.160]  definition for normal? So my whole purpose here was developing a model of a normally
[10:19.160 --> 10:26.160]  functioning human being. Then I could take someone that appeared to be functioning abnormally
[10:27.920 --> 10:34.920]  and compare them to the quantifiers I had for a normal human being. I have something
[10:35.200 --> 10:42.200]  to work for. Now I know my model's wrong. It is incorrect and it's incomplete. But I
[10:42.200 --> 10:49.200]  got one. Freud. Freud had a model. Now Freud was certifiably insane. He was wacko. And
[10:52.000 --> 10:58.240]  finally the psychological community realized that he was nuts. And they threw out all of
[10:58.240 --> 11:05.240]  his work. But they threw out his map. They should have kept a map. Okay, the map's wrong.
[11:05.240 --> 11:11.760]  So what? Who here has not tried to follow a map and looked at the map and said, wait
[11:11.760 --> 11:16.080]  a minute, wait a minute. This is wrong. This road don't go here. So you scratch that road
[11:16.080 --> 11:23.080]  out and draw a line where it actually goes. You have a map. And sure the map's wrong.
[11:23.440 --> 11:30.440]  It's got some errors in it. But you can go in and correct the error and still orient yourself
[11:30.440 --> 11:37.440]  generally within the geography. The psychological community had no center, no organization. If
[11:42.600 --> 11:49.600]  you go look at psychology now, everybody's got a different story. And if they're wondering
[11:49.600 --> 11:56.600]  why the legal community called psychology voodoo science, well, this is pretty well why. So. Anyway,
[11:59.640 --> 12:06.640]  point is, I put together a model. This model predicted behaviors. And it predicted some
[12:06.640 --> 12:13.640]  rather surprising things about the nature of the big mind. I have a 15-page document
[12:14.560 --> 12:21.560]  that I wrote based on the insights that I developed out of from this Nipple model. And
[12:21.560 --> 12:28.560]  using the tools, the Werber-Ball theory presents a very specific method of dealing with aberrant
[12:28.560 --> 12:35.560]  behavior, dealing with behavior that, you know, it's a very specific method of dealing with
[12:35.560 --> 12:42.560]  and using the tools, the Werber-Ball theory presents a very specific method of dealing
[12:45.360 --> 12:52.360]  with aberrant behavior, dealing with behavior that is outside the cultural norm or tends
[12:52.360 --> 12:59.360]  to lead a person repeatedly to the same bad outcomes. This is a methodology for interrupting
[13:04.440 --> 13:11.440]  aberrant behavior. There's nothing vague or indistinct about it. Do this step, do this
[13:13.440 --> 13:18.440]  step, do this step, these people will change. Now, I tell people that using the Werber-Ball
[13:18.440 --> 13:24.440]  theory, I can change you. You can know that I'm doing it, know when I'm doing it and
[13:24.440 --> 13:30.440]  how I'm doing it. You can't do anything about it. As a matter of fact, using the exact same
[13:30.440 --> 13:34.440]  tool, you can change me. I can know you're doing it, know when and how you're doing it,
[13:34.440 --> 13:41.440]  and I can't do anything about it. And that portion of it is a lot of what demonstrated
[13:41.440 --> 13:48.440]  that it was viable. And once I worked it out, I looked at the procedure and I thought, my
[13:50.320 --> 13:57.320]  granddaddy knows how to do that. He just doesn't know specifically how he does it. He knows
[13:58.960 --> 14:05.960]  how to do it from experience, from interacting with people in the real world. But he doesn't
[14:05.960 --> 14:12.960]  know how to go into the procedures and pull out the specific steps that make it work.
[14:16.960 --> 14:23.960]  That's all the Werber-Ball theory was. So the fact that every time I present it to somebody,
[14:24.960 --> 14:29.960]  they say, well, I already knew how to do that. I've done that here. I've done that somewhere
[14:29.960 --> 14:36.960]  but this tool made it consistent. Well, the underlying structure pointed at this and it
[14:39.480 --> 14:44.680]  created an incredibly powerful tool. If anybody wants the Werber-Ball theory, send me an email
[14:44.680 --> 14:51.680]  I'll send it to you. Be careful. If you read it, you will never be the same again. It demonstrates
[14:51.680 --> 14:58.680]  an aspect of the way human beings interact with their conscious self and their inner self
[15:00.680 --> 15:07.680]  that will create a situation such that you'll never be the same again. It will open up an
[15:08.680 --> 15:15.680]  aspect of human interaction that's not subconscious. But because of the definition of the way
[15:15.680 --> 15:22.680]  we assign to our experience, we misinterpreted what this is and called it something it's
[15:23.680 --> 15:30.680]  not. Once you understand what this is, everything changes. Anyway, that's just to say that the
[15:31.680 --> 15:40.680]  tool works. That the map, at least the map of what we call it, is the map of what we call
[15:40.680 --> 15:47.680]  it. To say that the tool works. That the map at least has some validity. Working with the
[15:49.680 --> 15:56.680]  map of some other things began to emerge out of it. When I started building these structures,
[15:56.680 --> 16:03.680]  these maps, something in the map has been nagging at me. They've been trying to tell me
[16:04.680 --> 16:10.680]  something. For a long time, I've been accused of being difficult to deal with because I
[16:11.680 --> 16:18.680]  have so much trouble with programmers. We try to explain to people what it's like to be
[16:18.680 --> 16:25.680]  doing and it just could not get it. Every time I start to tell the programmer what I
[16:26.680 --> 16:33.680]  have, they try to take what I've got and stuff it into some practices and procedures that
[16:34.680 --> 16:39.680]  they're familiar with. I would get frustrated. Just like I get frustrated when I run out
[16:40.680 --> 16:45.680]  of time and we're back in the middle of the day, I try to explain to people what it's
[16:45.680 --> 16:49.680]  like. Just like I get frustrated when I run out of time and we're about to go to break.
[16:49.680 --> 17:16.680]  It's the 2018 Logos Radio Network annual fundraiser and gun giveaway sponsored by Central Texas
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[17:23.680 --> 17:29.680]  AR 15. More prizes and sponsors to be announced. When you purchase Randy Kelton's e-book,
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[18:23.680 --> 18:27.680]  summons? How to answer letters and phone calls? How to get debt collectors out of your credit
[18:28.680 --> 18:33.680]  report? How to turn the financial tables on them and make them pay you to go away. The Michael
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[18:59.680 --> 19:06.680]  You are listening to the Logos Radio Network at yahoo.com.
[19:29.680 --> 19:36.680]  Thank you for watching.
[19:59.680 --> 20:06.680]  Okay, we are back. We're in the country.
[20:07.680 --> 20:14.680]  We are in the country.
[20:15.680 --> 20:22.680]  We are in the country.
[20:22.680 --> 20:33.560]  Okay, we are back, Randy Kelkin, Debra Stevens, Ruth LaRidio, and we're talking about the
[20:33.560 --> 20:35.560]  volleyball theory.
[20:35.560 --> 20:40.600]  And on the break, Debra gave me some dates.
[20:40.600 --> 20:45.800]  There was a time back in January that I went over a lot of this material.
[20:45.800 --> 20:50.760]  Oh, it was January of 2016.
[20:50.760 --> 20:52.200]  I thought it was longer than that.
[20:52.200 --> 20:58.600]  Okay, January of 2016, the 8th, 15th, and 22nd.
[20:58.600 --> 21:02.640]  If you're interested in this material, you can go back and listen to those archives.
[21:02.640 --> 21:06.760]  I discussed it in more depth.
[21:06.760 --> 21:17.080]  But here I'm going to something else, because in creating these questionnaires, I was putting
[21:17.080 --> 21:27.080]  the pieces together, and the questionnaires became so large that no single computer processor
[21:27.080 --> 21:28.680]  could open them.
[21:28.680 --> 21:31.920]  I'm running a gaming machine.
[21:31.920 --> 21:37.280]  It's overclocked at 4 gig, because as fast as you can get a processor right now, our
[21:37.280 --> 21:41.000]  physics won't let us go any faster.
[21:41.000 --> 21:50.760]  And I'm running, I think, 16 gig of memory, and it takes 20 minutes to open the file.
[21:50.760 --> 21:55.480]  My wife's brand new notebook won't open it at all.
[21:55.480 --> 22:03.160]  So I had to go into the questionnaire and begin to break it down into logical sections.
[22:03.160 --> 22:12.200]  The software I was using would let me export a portion of it out into a separate file.
[22:12.200 --> 22:19.160]  So I started working with a way to export portions of this out.
[22:19.160 --> 22:27.680]  And once I started doing that, the subjects that I was working on began to break themselves
[22:27.680 --> 22:33.280]  down into individual elements.
[22:33.280 --> 22:41.160]  I just finished intoxication offenses, intoxication offenses.
[22:41.160 --> 22:49.080]  Now the file itself, I had someone working for me who was working on the file.
[22:49.080 --> 22:51.680]  And he was taking a lot longer than I expected.
[22:51.680 --> 22:57.880]  And I finally looked to see what the problem was, because he fully understood what I needed
[22:57.880 --> 22:58.880]  him to do.
[22:58.880 --> 23:02.680]  And I opened the program, it took 20 minutes to open it.
[23:02.680 --> 23:09.960]  And I said, wait a minute, you haven't been breaking this file down into its pieces.
[23:09.960 --> 23:16.800]  So I broke it down into its individual elements.
[23:16.800 --> 23:22.920]  And right now I'm about to open it up, it's the intoxication offenses, intoxication related
[23:22.920 --> 23:24.240]  offenses.
[23:24.240 --> 23:32.640]  When I broke this file down into its component parts, into the elements, it had 1, 2, 3,
[23:32.640 --> 23:40.040]  4, 5, 6, 7, 8, 8 elements.
[23:40.040 --> 23:44.560]  That's all there is to intoxication offense.
[23:44.560 --> 23:48.600]  You look at the whole subject and it looks massive.
[23:48.600 --> 23:54.000]  But when you break it down, it breaks down into 8 elements.
[23:54.000 --> 24:02.280]  And then those 8 elements arranged themselves in a very specific order.
[24:02.280 --> 24:11.000]  And as I looked at this order, there's something in there that looked familiar.
[24:11.000 --> 24:17.480]  And it took me, of the last 12 years I've actually been working on this, it took some
[24:17.480 --> 24:24.920]  8 years for me to understand, finally realize what I was seeing.
[24:24.920 --> 24:28.360]  I was seeing a swarm.
[24:28.360 --> 24:32.360]  I was seeing a flock of birds.
[24:32.360 --> 24:39.360]  You ever look at a huge flock of birds and ever ask yourself, how much information does
[24:39.360 --> 24:50.720]  any one of those birds have in order to maintain, to remain relevant to the flock?
[24:50.720 --> 24:55.840]  You got a bird here in the middle of this flock.
[24:55.840 --> 25:00.160]  And that bird is following a bird in front of him.
[25:00.160 --> 25:08.000]  Now the bird can see the bird on each side, maybe there's one above or below.
[25:08.000 --> 25:13.080]  There can be a whole circle of birds that are slightly behind the lead bird.
[25:13.080 --> 25:15.520]  This bird is following that lead bird.
[25:15.520 --> 25:25.600]  And he will follow that lead bird unless the bird changes directions to a degree that exceeds
[25:25.600 --> 25:31.800]  an internally accepted standard of deviation.
[25:31.800 --> 25:40.080]  And the bird has a window there that this bird he's following can move in and the bird
[25:40.080 --> 25:41.600]  behind will follow.
[25:41.600 --> 25:46.400]  If the bird in front of him has a heart attack and drops out of the sky like a stone, the
[25:46.400 --> 25:52.640]  flock is not going to follow that bird into the dirt because the bird's trajectory is
[25:52.640 --> 25:56.360]  exceeding their standard of deviation.
[25:56.360 --> 26:04.080]  As the bird drops, the bird behind will follow it down to the edge of the standard deviation
[26:04.080 --> 26:10.040]  and then it will pick the next bird, one that's not moving out of the standard of deviation
[26:10.040 --> 26:12.240]  and follow that one instead.
[26:12.240 --> 26:14.920]  So the flock is not disrupted.
[26:14.920 --> 26:19.560]  A bird can fall out of the flock and the flock won't be disrupted.
[26:19.560 --> 26:26.600]  So the bird only needs to see the one in front, the ones in a cone behind that bird.
[26:26.600 --> 26:33.080]  So if the bird moves in any direction outside standard deviation, it leads the following
[26:33.080 --> 26:36.800]  bird to another bird it can follow.
[26:36.800 --> 26:43.120]  That's all it needs to maintain these huge swarms you see.
[26:43.120 --> 26:51.120]  And I think we've all seen videos of swarms of birds doing incredible maneuvers.
[26:51.120 --> 26:54.040]  A predator can dive through the swarm.
[26:54.040 --> 26:59.280]  Part of the flock, it makes it so that a predator can't peek out a single bird.
[26:59.280 --> 27:06.080]  It's very difficult for a predator to attack the flock because there's just too much information
[27:06.080 --> 27:07.640]  for the bird to process.
[27:07.640 --> 27:10.200]  He needs one bird out by himself.
[27:10.200 --> 27:18.760]  If a predator flies through the flock, the birds will avoid the predator but stay within
[27:18.760 --> 27:21.520]  standard of deviation.
[27:21.520 --> 27:27.720]  So the birds will separate and open the hole and let that predator fly through it and close
[27:27.720 --> 27:34.880]  up back behind him and never lose their integrity.
[27:34.880 --> 27:41.520]  Birds of cattle, you watch these programs on Africa, herds of wildebeest.
[27:41.520 --> 27:46.560]  They all move with this swarm methodology.
[27:46.560 --> 27:54.400]  Ants, the smallest creatures, the fish move in schools.
[27:54.400 --> 27:57.880]  If you look at them, they all look alike.
[27:57.880 --> 28:07.280]  There is something very similar, very basic, very generic.
[28:07.280 --> 28:17.320]  And when I went back and looked at the mental model that I had developed years ago, it defined
[28:17.320 --> 28:21.000]  the parameters of a swarm.
[28:21.000 --> 28:27.080]  So the reason I couldn't get programmers to wrap their head around what I was doing is
[28:27.080 --> 28:36.960]  I was telling them that this data stream does not lend itself to a relational database.
[28:36.960 --> 28:42.640]  The closest thing that looked like it might be functional was a graphical database and
[28:42.640 --> 28:45.080]  that's a real unusual database.
[28:45.080 --> 28:51.560]  But the structure looked somewhat like what I was building but it wasn't acceptable either.
[28:51.560 --> 28:55.600]  It was still a relational database.
[28:55.600 --> 29:00.440]  A relational database just would not work.
[29:00.440 --> 29:04.400]  So we're developing this project and I have all these questionnaires in there and I'm
[29:04.400 --> 29:11.200]  trying to find a methodology that will allow this project to play well on the web.
[29:11.200 --> 29:19.400]  And Debra had been talking to me about blockchain and blockchain sounded somewhat interesting
[29:19.400 --> 29:26.080]  but it wasn't until I took a much closer look at blockchain.
[29:26.080 --> 29:33.400]  And it became clear that blockchain is a linked list.
[29:33.400 --> 29:37.040]  And ooh, am I running out of time here?
[29:37.040 --> 29:38.040]  Let me check.
[29:38.040 --> 29:40.680]  Yes, I am running out of time.
[29:40.680 --> 29:42.960]  Hang on, we're talking about linked list.
[29:42.960 --> 29:48.920]  I'm actually going somewhere that you guys are really going to want to know about.
[29:48.920 --> 29:49.920]  Can you tell?
[29:49.920 --> 30:02.320]  I'll send Debra Stevens with our radio and we'll be right back.
[30:02.320 --> 30:07.840]  In Wisconsin, an elderly woman who housed orphans was about to lose her home to foreclosure
[30:07.840 --> 30:10.800]  when her 12-year-old grandson came to the rescue.
[30:10.800 --> 30:16.760]  I'm Dr. Katherine Albrecht, back with the story of Noah the Dreamcatcher after this.
[30:16.760 --> 30:19.000]  Privacy is under attack.
[30:19.000 --> 30:22.080]  When you give up data about yourself, you'll never get it back again.
[30:22.080 --> 30:27.040]  And once your privacy is gone, you'll find your freedoms will start to vanish too.
[30:27.040 --> 30:28.560]  So protect your rights.
[30:28.560 --> 30:32.320]  Say no to surveillance and keep your information to yourself.
[30:32.320 --> 30:34.840]  Privacy, it's worth hanging on to.
[30:34.840 --> 30:40.480]  This message is brought to you by StartPage.com, the private search engine alternative to Google,
[30:40.480 --> 30:42.160]  Yahoo, and Bing.
[30:42.160 --> 30:45.880]  Start over with StartPage.
[30:45.880 --> 30:49.560]  Over years, Jenna Sparhawk cared for dozens of orphans.
[30:49.560 --> 30:54.320]  Many dropped on her doorstep after dark, but at 72, she was in trouble.
[30:54.320 --> 31:00.720]  Her health failing, she couldn't pay the mortgage unless she found $10,000 the bank would foreclose.
[31:00.720 --> 31:05.040]  She appealed to her congressman, her governor, and even the president, but it was her grandson
[31:05.040 --> 31:07.080]  Noah who saved the day.
[31:07.080 --> 31:11.920]  The 12-year-old posted her story on a website he'd created three years earlier, Noah's
[31:11.920 --> 31:15.160]  Dreamcatcher Network, to help hurricane victims.
[31:15.160 --> 31:20.160]  In days, enough money had poured in to rescue Sparhawk, her foster kids, and their faith
[31:20.160 --> 31:21.160]  in America.
[31:21.160 --> 31:49.160]  I'm Dr. Catherine Albrecht for StartPage.com, the world's most private search engine.
[31:49.160 --> 32:11.400]  It's the 2018 Logos Radio Network annual fundraiser and gun giveaway, sponsored by Central Texas
[32:11.400 --> 32:12.400]  Gunworks.
[32:12.400 --> 32:16.520]  Go to LogosRadioNetwork.com and enter to win.
[32:16.520 --> 32:20.000]  Every $25 donation is a chance to win.
[32:20.000 --> 32:26.760]  From Central Texas Gunworks, the grand prize up for grabs is a Spikes Tactical AR 15.
[32:26.760 --> 32:29.560]  More prizes and sponsors to be announced.
[32:29.560 --> 32:35.640]  When you purchase Randy Kelton's e-book, Legal 101, you get four chances to win.
[32:35.640 --> 32:39.520]  Purchase Eddie Craig's traffic seminar and get 10 chances to win.
[32:39.520 --> 32:43.520]  And remember, every $25 donation is a chance to win.
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[33:02.800 --> 33:15.200]  We're live, free speech radio, LogosRadioNetwork.com.
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[34:07.200 --> 34:13.200]  Okay, we are back. Randy Kelton, Debra Stevens, we're live on radio, and we're talking about
[34:13.200 --> 34:23.200]  something, I'm going somewhere, I assure you, and where I'm going is remarkable.
[34:23.200 --> 34:30.200]  In developing this, I've looked at, Debra kept talking about the blockchain and Bitcoin
[34:30.200 --> 34:36.560]  and cryptocurrencies, and one thing that intrigued me, because one of the things I want to be
[34:36.560 --> 34:43.440]  able to do with the tools that we're developing, is we want lawyers to be able to upload all
[34:43.440 --> 34:53.560]  of their files onto the Internet, but their files are very sensitive.
[34:53.560 --> 34:57.880]  So we need a way to load their files on the Internet so that they will be essentially
[34:57.880 --> 35:07.640]  active, and that kind of intrigued me about, aside from cryptocurrencies, the linked list
[35:07.640 --> 35:17.480]  aspect where the data was broken down into pieces, and those pieces were set into blocks
[35:17.480 --> 35:29.520]  in a chain, and they had this incredible cryptographic algorithm that a separate computer would have
[35:29.520 --> 35:35.760]  to hash out this algorithm in order to make a connection between one and the other.
[35:35.760 --> 35:40.200]  It wasn't just like you gave it a password and you could jump right in and grab all this
[35:40.200 --> 35:41.200]  stuff.
[35:41.200 --> 35:47.040]  This stuff was spread out all over the place, and you had to know exactly how to go back
[35:47.040 --> 35:53.160]  in and get it, and each step would require major processing.
[35:53.160 --> 35:59.920]  So for anyone to be able to hack this, not that it's not impossible, I mean somebody
[35:59.920 --> 36:05.920]  might come up with a quantum computer that could actually hack this, but it would take
[36:05.920 --> 36:16.840]  so much time and cost so much in computer hours that it could hardly ever be viable.
[36:16.840 --> 36:21.760]  So the system was, for all intents and purposes, hack-proof.
[36:21.760 --> 36:28.280]  So this is something we can say to a lawyer, you know, you got all your documents in a
[36:28.280 --> 36:32.600]  computer in your office, and you got the office locked, and you got firewalls on the computers
[36:32.600 --> 36:37.160]  and passwords and all that, but just how safe is that, Bubba?
[36:37.160 --> 36:44.480]  We just talked to someone who, a law firm, just got ran somewhere, and they just captured
[36:44.480 --> 36:48.800]  everything, and they got to pay up so much money to get it back.
[36:48.800 --> 36:55.800]  I was looking at the blockchain, and I wasn't so concerned about cryptocurrency as I was
[36:55.800 --> 37:04.600]  concerned about being able to load information on the web in a way that you would have immediate
[37:04.600 --> 37:13.800]  access to it anywhere on the planet through the cloud, and yet be absolutely safe.
[37:13.800 --> 37:21.960]  Those of you who listen a lot, you may remember me talking about my concern about smart machines
[37:21.960 --> 37:28.240]  in the cloud, or virtual machines in the cloud.
[37:28.240 --> 37:32.680]  The internet is made up of a number of servers.
[37:32.680 --> 37:37.880]  There are servers all over the planet, there's millions of them, and they're all connected
[37:37.880 --> 37:38.880]  by phone lines.
[37:38.880 --> 37:47.480]  I get on the internet, and I hook to a phone line, and it hooks to a service provider.
[37:47.480 --> 37:54.080]  I lock onto their server, and I need some information that's in Singapore.
[37:54.080 --> 37:59.000]  Their server will link to another server, to another server, to another server, and
[37:59.000 --> 38:01.520]  eventually link me to Singapore.
[38:01.520 --> 38:03.440]  This is a centralized web.
[38:03.440 --> 38:10.600]  The information on the internet that I have in the internet is on a server somewhere,
[38:10.600 --> 38:13.600]  a server.
[38:13.600 --> 38:21.200]  Bluehost is the servers that I have been using for a long time, and I had this chart in Russia
[38:21.200 --> 38:26.200]  crack my system through the server.
[38:26.200 --> 38:30.480]  First time, and the second time was somebody from China.
[38:30.480 --> 38:34.840]  They got in through my server and got to my information.
[38:34.840 --> 38:35.840]  They weren't malicious.
[38:35.840 --> 38:45.480]  They were using my website to create pings on an account that they got a penny for every
[38:45.480 --> 38:46.480]  pink.
[38:46.480 --> 38:53.160]  It's a little complex to say how they did it, but they filled my site with trash, and
[38:53.160 --> 38:56.520]  my server company came to me, you got too much junk on your system.
[38:56.520 --> 39:00.720]  I said, what are you talking about, I don't have much stuff on that, I went in there and
[39:00.720 --> 39:04.960]  I've got this massive amount of information they've loaded on.
[39:04.960 --> 39:09.280]  Problem with servers, they're a point of attack.
[39:09.280 --> 39:17.360]  What the blockchain was doing is they were distributing this from one machine to another,
[39:17.360 --> 39:24.240]  where essentially the blockchain was in a protected chain, but then we went to a point
[39:24.240 --> 39:27.800]  to point strategy.
[39:27.800 --> 39:35.840]  Originally, the internet was created point to point, where I would take my machine and
[39:35.840 --> 39:38.320]  connect to your machine.
[39:38.320 --> 39:42.240]  You could from your machine connect to somebody else's machine and they could connect to somebody
[39:42.240 --> 39:43.240]  else's machine.
[39:43.240 --> 39:51.640]  Well, this kind of worked out pretty good, and so at some points in the system because
[39:51.640 --> 39:56.640]  it was somewhat slow, you needed a place where a lot of people could go to the same machine
[39:56.640 --> 40:00.080]  instead of having to go from machine to machine to machine to machine to machine to get to
[40:00.080 --> 40:01.080]  where you're going.
[40:01.080 --> 40:02.080]  So they built these servers.
[40:02.080 --> 40:07.840]  A lot of people could go to this server and get to where they needed to be with a lot
[40:07.840 --> 40:09.640]  less jumps.
[40:09.640 --> 40:16.800]  Well, then the servers moved us from point to point to a centralized technology.
[40:16.800 --> 40:19.560]  Now we're going back to point to point.
[40:19.560 --> 40:22.040]  We have the technology.
[40:22.040 --> 40:28.960]  We have the computers that are fast enough, and we have computers all over the world that
[40:28.960 --> 40:34.960]  have hard drives in them that have unused space.
[40:34.960 --> 40:42.120]  And one of the newer technologies uses this unused space.
[40:42.120 --> 40:47.280]  This couldn't be done before because there was a problem with security, but with the
[40:47.280 --> 40:54.560]  crypto protection, now we can do this safely and nobody can get into it.
[40:54.560 --> 40:59.640]  So they take your information and they spread it around the web.
[40:59.640 --> 41:07.480]  They got hard drives all over the place with extra space on them, and the original internet
[41:07.480 --> 41:15.200]  began by companies buying 1-800 Trump lines from Marbelle.
[41:15.200 --> 41:20.080]  The Pentagon was doing research and they found they were doing duplicate research.
[41:20.080 --> 41:23.840]  So they went to their IT guys and said, guys, we've got to fix this.
[41:23.840 --> 41:27.080]  We need a way to connect these different researchers together.
[41:27.080 --> 41:28.680]  Can you build us something?
[41:28.680 --> 41:30.680]  And they built a network.
[41:30.680 --> 41:32.400]  It worked really good.
[41:32.400 --> 41:37.280]  And this college over here is doing some research in conjunction with this defense contractor,
[41:37.280 --> 41:43.880]  and this works so good, they leased a 1-800 Trump line between them.
[41:43.880 --> 41:49.240]  They bought it from Marbelle and it belonged to them, so they could use it exclusively.
[41:49.240 --> 41:56.080]  And then this contractor hooked up to another contractor, to another university, and it
[41:56.080 --> 41:59.400]  began to wrap around the Pentagon.
[41:59.400 --> 42:05.560]  And at one point, the Pentagon realized what was going on and said, hey guys, hold on here.
[42:05.560 --> 42:06.560]  You got to cut this out.
[42:06.560 --> 42:08.000]  You got to use our central server.
[42:08.000 --> 42:10.640]  And they said, no, we don't.
[42:10.640 --> 42:13.840]  We bought these 800 lines for hours.
[42:13.840 --> 42:18.480]  And the Pentagon told them, well, if you keep doing that, we're going to pull our hub.
[42:18.480 --> 42:19.480]  And they said, go ahead.
[42:19.480 --> 42:20.480]  We don't care.
[42:20.480 --> 42:22.480]  We just go around it.
[42:22.480 --> 42:32.640]  That's how the internet began, that the resources were spread out with these different telephone
[42:32.640 --> 42:33.640]  lines.
[42:33.640 --> 42:38.640]  And the internet is basically a network of telephone lines that people own.
[42:38.640 --> 42:42.680]  This company owns a telephone line from here to England, but they don't use it all the
[42:42.680 --> 42:43.880]  time.
[42:43.880 --> 42:47.000]  And sometimes they need one from here to South America.
[42:47.000 --> 42:51.560]  Well, this company's got one to South America that they don't use all the time.
[42:51.560 --> 42:57.160]  So they said, OK, I'll release mine to the internet that anybody else can use it when
[42:57.160 --> 43:01.000]  I'm not using it, if you'll release yours.
[43:01.000 --> 43:03.200]  When you're not using it, everybody said, ah, that's a great idea.
[43:03.200 --> 43:05.320]  So they pooled resources.
[43:05.320 --> 43:09.160]  Essentially, the internet grew out of the pooling of resources.
[43:09.160 --> 43:20.200]  Then it went into the central servers, period, and now we're about to go back to the origins,
[43:20.200 --> 43:28.400]  back to a system where we can pool resources, where I can go into the internet and distribute
[43:28.400 --> 43:32.560]  my information to computers all over the internet.
[43:32.560 --> 43:40.680]  If I go to a server to download my data, that server is going to have a clock speed.
[43:40.680 --> 43:46.680]  And it's going to have a, what's the term, they've got a protocol here, a stack.
[43:46.680 --> 43:48.800]  It's going to have a stack.
[43:48.800 --> 43:57.560]  And when I call for something from the server, my call goes on the stack, but it goes on
[43:57.560 --> 44:01.560]  the bottom of the stack and it pulls from the stop.
[44:01.560 --> 44:07.680]  Hello, my name is Stuart Smith from natures2organics.com, and I would like to invite you to come
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[44:43.040 --> 45:01.160]  Don't forget to like us on Facebook for information on events and our products, naturespureorganics.com.
[45:01.160 --> 45:04.360]  Are you the plaintiff or defendant in a lawsuit?
[45:04.360 --> 45:11.120]  Win your case without an attorney with Jurisdictionary, the affordable, easy-to-understand 4-CD course
[45:11.120 --> 45:14.840]  that will show you how, in 24 hours, you step by step.
[45:14.840 --> 45:18.840]  If you have a lawyer, know what your lawyer should be doing.
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[45:27.960 --> 45:34.560]  Jurisdictionary was created by a licensed attorney with 22 years of case-winning experience.
[45:34.560 --> 45:39.160]  Even if you're not in a lawsuit, you can learn what everyone should understand about
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[46:14.280 --> 46:24.280]  If you did not have any problems, where are you going to look for one?
[46:24.280 --> 46:37.280]  If you could not wait any bout so long, what would your purpose as to be done?
[46:37.280 --> 46:46.040]  Okay, we are back, Randy Kelton of Rule of Law Radio, and we're talking about stacks.
[46:46.040 --> 46:51.240]  You send your call to the server, and your call goes on the stack, and the server starts
[46:51.240 --> 46:52.240]  feeding out data.
[46:52.240 --> 46:55.800]  Well, the server has a clock speed, and it can only send it out so fast.
[46:55.800 --> 47:00.480]  It sends it to one customer, then the next, and the next, and the next, and it moves down
[47:00.480 --> 47:04.280]  the stack until it gets to yours, and it sends yours.
[47:04.280 --> 47:13.680]  Now, with what is coming, with the new, what they're calling the distributed web, they're
[47:13.680 --> 47:24.480]  using their own, the users themselves are providing the storage capacity for the system.
[47:24.480 --> 47:32.880]  So it spreads your data around your neighborhood, and when you go to pull your data, your data
[47:32.880 --> 47:39.400]  is broken up into pieces, and put in different machines, and when you put a call out, it
[47:39.400 --> 47:41.200]  calls from all these machines.
[47:41.200 --> 47:48.320]  Well, about as fast as you can get a machine right now, it's 4 gig processing speed.
[47:48.320 --> 47:49.320]  That's about it.
[47:49.320 --> 47:53.760]  That is the physical technological limit.
[47:53.760 --> 47:57.000]  We can't get computers faster.
[47:57.000 --> 47:59.960]  I've got a gaming machine on my desk.
[47:59.960 --> 48:06.200]  I've got eight processors in it, and that's because we can't get them any faster, so now
[48:06.200 --> 48:08.960]  they stack them.
[48:08.960 --> 48:15.600]  Problem with that is the program has to be designed for parallel processing, or it can
[48:15.600 --> 48:18.960]  only use one of the processors at a time.
[48:18.960 --> 48:27.200]  So I've got a huge machine here, and it's no faster than the i7 I've got on the other
[48:27.200 --> 48:28.200]  desk.
[48:28.200 --> 48:31.840]  Actually, I think the i7 is faster than this one.
[48:31.840 --> 48:41.800]  The problem is, one computer, one clock speed, but with this new process, you spread your
[48:41.800 --> 48:49.520]  documents around 50 or 100 computers, and you put a call to all of them at once.
[48:49.520 --> 48:54.720]  They can feed everything back to you lightning fast.
[48:54.720 --> 49:02.800]  The web is about to take an algorithmic jump.
[49:02.800 --> 49:12.160]  When we get distributed web up and online, the web will change dramatically.
[49:12.160 --> 49:18.920]  Your speeds will increase beyond anything you've ever even thought about, and your security
[49:18.920 --> 49:20.920]  will be almost absolute.
[49:20.920 --> 49:29.120]  We have all these people who are terrified of companies like Google and others getting
[49:29.120 --> 49:30.360]  all of their information.
[49:30.360 --> 49:36.640]  We already have a browser out there called Brave.
[49:36.640 --> 49:43.480]  Brave is really a leading technology in distributed web.
[49:43.480 --> 49:50.000]  Whereas the distributed web comes online, Brave will be one of the first search engines
[49:50.000 --> 49:56.240]  that is built on that structure.
[49:56.240 --> 50:01.840]  There will be others, but a lot of what they're doing is blocking out the information gathering
[50:01.840 --> 50:07.640]  that Google and Yahoo and Bing and these others are doing, and they're blocking out
[50:07.640 --> 50:14.600]  their ability to push advertising on you.
[50:14.600 --> 50:24.280]  This will give us the kind of web that we always wanted, the kind of web that can't
[50:24.280 --> 50:35.360]  be cracked, that we can put our information up in the web and it's not in a country anywhere.
[50:35.360 --> 50:42.720]  It's up in a cloud that floats around the entire planet, and it's not stuck firmly
[50:42.720 --> 50:48.080]  within any specific jurisdiction.
[50:48.080 --> 50:56.280]  It will have the effect that blockchain technology will almost eliminate the need for banks.
[50:56.280 --> 51:02.160]  Banks are scrambling right now to find a way to stay relevant.
[51:02.160 --> 51:07.800]  Every major bank in the country is putting together structures so they can operate on
[51:07.800 --> 51:15.320]  the blockchain because they see this coming at them like a freight train.
[51:15.320 --> 51:23.720]  A number of countries, Macedonia is one of the first, keep all of their government records
[51:23.720 --> 51:26.880]  on the blockchain.
[51:26.880 --> 51:32.160]  It's blistering fast and it's absolutely safe.
[51:32.160 --> 51:37.120]  No one can alter the documents in the blockchain.
[51:37.120 --> 51:42.240]  These lot of countries are gearing up to go to the blockchain.
[51:42.240 --> 51:52.400]  It will almost eliminate the ability of someone to improperly manipulate the money.
[51:52.400 --> 51:58.200]  When the banksters can't control the money, they don't control the power.
[51:58.200 --> 52:03.800]  This will change the underlying dynamics of everything.
[52:03.800 --> 52:13.840]  Countries will lose their relevance other than providing general services to the public.
[52:13.840 --> 52:19.520]  They will lose their ability to control the public by controlling the money.
[52:19.520 --> 52:23.200]  That's how they've always done it.
[52:23.200 --> 52:24.880]  This is coming at them like freight train.
[52:24.880 --> 52:29.720]  We've heard a lot of stuff about one world government.
[52:29.720 --> 52:42.880]  What I see coming is a one world network of private individuals.
[52:42.880 --> 52:52.720]  It is as close to a true world republic as anyone could imagine.
[52:52.720 --> 52:54.800]  We are on the leading edge.
[52:54.800 --> 53:01.680]  If you don't know anything about blockchain, you need to get to work.
[53:01.680 --> 53:07.840]  It takes a while to wrap your head around how this works because it doesn't work like
[53:07.840 --> 53:09.920]  anything you've ever seen.
[53:09.920 --> 53:15.640]  I've been ten years trying to give programmers to understand what I was doing.
[53:15.640 --> 53:20.960]  When I saw the blockchain, the lights began coming on.
[53:20.960 --> 53:25.480]  Not completely, there's something missing from the blockchain and from the distributed
[53:25.480 --> 53:28.240]  web.
[53:28.240 --> 53:37.840]  The way this information came together, this warm technology, I was trying to build a method
[53:37.840 --> 53:45.080]  of presenting all of this information in a way that was controllable, that was fast enough
[53:45.080 --> 53:50.440]  so that it was usable, and was sustainable.
[53:50.440 --> 53:56.240]  I came up with this, what I called a swarm matrix, for one of the better terms.
[53:56.240 --> 54:04.080]  I went online and did some search for a swarm database.
[54:04.080 --> 54:13.160]  I found one company that actually there's two companies, but they're interlinked.
[54:13.160 --> 54:16.520]  It's called an Ancelius database.
[54:16.520 --> 54:20.720]  It is exactly what I've been designing for 12 years.
[54:20.720 --> 54:23.640]  When I talked to these people, they were flabbergasted.
[54:23.640 --> 54:29.040]  They never had anybody bring to them what they're doing from an old, different perspective.
[54:29.040 --> 54:39.160]  The thing that I'm excited about with this Ancelius database technology is one of the
[54:39.160 --> 54:46.440]  things that guys building the distributed web seem to be missing is that, you know,
[54:46.440 --> 54:50.920]  it doesn't work.
[54:50.920 --> 54:59.880]  They look at this distributed web as if they are a set of distinct pieces of data spread
[54:59.880 --> 55:03.800]  out on a large background like a star field.
[55:03.800 --> 55:09.200]  You look out there and there's all these stars just scattered all over the place.
[55:09.200 --> 55:16.840]  My experience says, no, no, no guys, that's not the way it will work.
[55:16.840 --> 55:28.640]  Data will organize itself into linked lists, into patterns, just like a swarm does, just
[55:28.640 --> 55:40.400]  like ants do, birds do, fish do, this data will organize itself into logical sections.
[55:40.400 --> 55:48.280]  The only tool that appeared is so it would bring that functionality to the web is this
[55:48.280 --> 55:49.280]  particular database.
[55:49.280 --> 55:56.960]  And I was amazed that there's only one, nobody else ever thought of it.
[55:56.960 --> 56:06.960]  But we're right now looking at how we can integrate the distributed web technology with
[56:06.960 --> 56:14.160]  this linked list technology, which technically the blockchain is a linked list.
[56:14.160 --> 56:17.200]  And it's like these guys haven't put these two pieces together.
[56:17.200 --> 56:18.920]  This is going to happen.
[56:18.920 --> 56:24.440]  They're going to get all of their technologies together and the web is going to change dramatically.
[56:24.440 --> 56:35.000]  So in the future, I kind of feel like we're at the offices of Apple when there were just
[56:35.000 --> 56:38.920]  two guys in an office with an idea.
[56:38.920 --> 56:43.640]  And people say, oh, my goodness, if I'd have known then what I know now, well, this is
[56:43.640 --> 56:45.440]  then, guys.
[56:45.440 --> 56:50.200]  We are on the course of a tremendous...
[56:50.200 --> 56:57.520]  So if you want to expand with the future and help us develop this thing that maybe makes
[56:57.520 --> 57:02.200]  a lot of money in the process, go look at the blockchain.
[57:02.200 --> 57:03.200]  It's difficult.
[57:03.200 --> 57:09.360]  It's foreign to anything we don't know, and it takes a little while to get a thread wrapped
[57:09.360 --> 57:10.360]  around it.
[57:10.360 --> 57:16.480]  But once the lights begin to come on, you will realize that everything we've been doing
[57:16.480 --> 57:20.760]  for the last 6,000 years of no new history is about to change.
[57:20.760 --> 57:25.160]  It's about to change dramatically, and it will change quickly.
[57:25.160 --> 57:33.640]  And looking at cryptocurrencies now, the SEC put out a threatening memo at the first
[57:33.640 --> 57:37.960]  of the year, and the bottom fallout of blockchain.
[57:37.960 --> 57:44.320]  They're right at the point of where they're about to start climbing back up.
[57:44.320 --> 57:51.280]  They could not be in a better position, just knowing what's coming.
[57:51.280 --> 57:56.920]  A lot of people say the blockchain is going to crash, but no it's not.
[57:56.920 --> 57:59.520]  The world is going to the blockchain.
[57:59.520 --> 58:00.520]  That is a given.
[58:00.520 --> 58:01.520]  That isn't...
[58:01.520 --> 58:06.840]  Everyone who knows anything about it is going to the blockchain, and the cryptocurrencies,
[58:06.840 --> 58:08.920]  all of them will climb up with it.
[58:08.920 --> 58:12.400]  So what a unique point in history.
[58:12.400 --> 58:15.160]  I felt like I owed you to my listeners.
[58:15.160 --> 58:18.960]  We're going to turn the phones on, and as soon as we come back from break, we'll start
[58:18.960 --> 58:20.880]  taking your calls.
[58:20.880 --> 58:25.320]  This is Randy Calton, Deborah Stevens, the rule of law radio.
[58:25.320 --> 58:33.680]  Our call-in number, 512-646-1984, and I might suggest that you go back and listen to this
[58:33.680 --> 58:40.280]  a time or two, because it's pretty strange, pretty foreign, but once the pieces start
[58:40.280 --> 58:50.280]  fitting together, I think you'll get as excited as I'm getting, we'll be right back.
[58:50.280 --> 58:55.720]  The Bible remains the most popular book in the world, yet countless readers are frustrated
[58:55.720 --> 58:58.520]  because they struggle to understand it.
[58:58.520 --> 59:03.920]  Some new translations try to help by simplifying the text, but in the process can compromise
[59:03.920 --> 59:07.160]  the profound meaning of the Scripture.
[59:07.160 --> 59:08.920]  Enter the recovery version.
[59:08.920 --> 59:14.840]  First, this new translation is extremely faithful and accurate, but the real story is the more
[59:14.840 --> 59:18.560]  than 9,000 explanatory footnotes.
[59:18.560 --> 59:23.560]  Difficult and profound passages are opened up in a marvelous way, providing an entrance
[59:23.560 --> 59:28.280]  into the riches of the Word beyond which you've ever experienced before.
[59:28.280 --> 59:33.440]  Bibles for America would like to give you a free recovery version simply for the asking.
[59:33.440 --> 59:43.840]  This comprehensive yet compact study Bible is yours just by calling us toll-free at 1-888-551-0102
[59:43.840 --> 01:00:02.680]  or by ordering online at freestudybible.com, that's freestudybible.com.
[01:00:02.680 --> 01:00:16.560]  The Bible remains the most popular book in the world, yet the real story is the most
[01:00:16.560 --> 01:00:29.680]  popular book in the world, yet the real Bible is yours just by calling us toll-free at 1-888-551-0102
[01:00:29.680 --> 01:00:30.680]  or by ordering online at freestudybible.com.
[01:00:30.680 --> 01:00:37.680]  Today in history, the year 1968 President Lyndon B. Johnson signs the Civil War with
[01:00:37.680 --> 01:00:48.680]  Ethereum is $420.80, Bitcoin Cash is $652.90, and finally Litecoin is $114.34, a crypto coin.
[01:00:48.680 --> 01:01:01.680]  Today in history, the year 1968, President Lyndon B. Johnson signed the Civil Rights Act of 1968,
[01:01:01.680 --> 01:01:07.680]  which prohibited private businesses from discriminating based on race, color, religion, sex, or national origin.
[01:01:07.680 --> 01:01:13.680]  It also prohibited unequal application of voter registration requirements, racial segregation in public schools,
[01:01:13.680 --> 01:01:17.680]  and employment, and public accommodations for places of business.
[01:01:17.680 --> 01:01:23.680]  Today in history.
[01:01:23.680 --> 01:01:29.680]  In recent news, tensions in Syria seem to have reached new levels after a chemical attack on civilians in the city of Douma,
[01:01:29.680 --> 01:01:31.680]  which left 40 dead and many injured.
[01:01:31.680 --> 01:01:36.680]  An attack which is being blamed on the democratically elected President of Syria, Bashar al-Assad,
[01:01:36.680 --> 01:01:42.680]  by the United States and on Israel by Russia, either accusatory narrative without any verified evidence as of yet.
[01:01:42.680 --> 01:01:48.680]  President Trump tweeted today, Wednesday that if, quote, Russia vows to shoot down any and all missiles fired at Syria,
[01:01:48.680 --> 01:01:52.680]  get ready, Russia, because they will be coming in nice and new and smart.
[01:01:52.680 --> 01:01:58.680]  Going on to warn Russia that you shouldn't be partners with a gas-killing animal who kills his people and enjoys it.
[01:01:58.680 --> 01:02:05.680]  In the West, including President Trump, have been quick to conclude that this chemical attack must have been conducted by Assad and his forces.
[01:02:05.680 --> 01:02:12.680]  Syria and Russia, on the other hand, have given approval since yesterday for the organization for the prohibition of chemical weapons
[01:02:12.680 --> 01:02:14.680]  to investigate the sign of the chemical slaughter.
[01:02:14.680 --> 01:02:19.680]  Assad has been successful in maintaining rule and support during Syria's seven-year civil war,
[01:02:19.680 --> 01:02:26.680]  a civil war that is being fought by the government of Syria and anti-Assad Syrian rebels that are openly being funded by western governments,
[01:02:26.680 --> 01:02:31.680]  with ISIS being one of the more notorious splinter groups of the American-backed Syrian rebels.
[01:02:31.680 --> 01:02:39.680]  No surprise then why Russian Foreign Minister Spokeswoman Maria Zakoba posted on Facebook that smart missiles should be fired at terrorists
[01:02:39.680 --> 01:02:43.680]  and not at a legitimate government, which has been fighting terrorists.
[01:02:43.680 --> 01:02:50.680]  Or is this a trick to destroy all traces with a smart missile strike, and then there will be no evidence for international inspectors to look at?
[01:02:50.680 --> 01:02:57.680]  This was Kirk Rody with your lowdown for April 11, 2018.
[01:03:20.680 --> 01:03:25.680]  This was Kirk Rody with your lowdown for April 11, 2018.
[01:03:50.680 --> 01:04:13.680]  I made a mistake, guys.
[01:04:13.680 --> 01:04:27.800]  I made a mistake guys, you don't know what it was, but I'm going to get beat up for it.
[01:04:27.800 --> 01:04:30.840]  I misunderstood something from my producer.
[01:04:30.840 --> 01:04:33.600]  I'm going to bring this in.
[01:04:33.600 --> 01:04:37.720]  I brought this in on the board and I wasn't supposed to do that, so I'm probably in trouble.
[01:04:37.720 --> 01:04:42.320]  But Demer had a comment she wanted to speak to.
[01:04:42.320 --> 01:04:49.160]  Now, just so you know, I've never addressed this with Debra before, so this is not something
[01:04:49.160 --> 01:04:52.080]  she knew about previously.
[01:04:52.080 --> 01:04:54.520]  But she had a comment about an experiencing belief.
[01:04:54.520 --> 01:04:58.160]  Deb, will you explain what you did on the break?
[01:04:58.160 --> 01:05:01.880]  Yes, yes, Randy, thanks.
[01:05:01.880 --> 01:05:06.120]  I was just, well, I had heard some of this before and you were talking about the swarm
[01:05:06.120 --> 01:05:11.760]  matrix and the flock of birds and how they move.
[01:05:11.760 --> 01:05:16.240]  But if the leading bird doesn't, you know, if it deviates too much, the whole flock isn't
[01:05:16.240 --> 01:05:19.000]  going to like, you know, fly into the ground, stuff like that.
[01:05:19.000 --> 01:05:25.680]  And then you start talking about a predator moving through the swarm or school or flock,
[01:05:25.680 --> 01:05:29.640]  however you want to call it, and how they maintain a structure.
[01:05:29.640 --> 01:05:39.600]  And it reminded me of the most amazing experience I had when Jerry and I were in Belize one
[01:05:39.600 --> 01:05:47.640]  time and we were snorkeling off the coast of Belize, like off the San Pedro Island.
[01:05:47.640 --> 01:05:53.160]  And we were out on this dock and is a very popular snorkeling spot.
[01:05:53.160 --> 01:05:55.800]  And the fish are accustomed to humans.
[01:05:55.800 --> 01:06:00.280]  I wouldn't say that they're tame, but they're acclimated, they're socialized to humans.
[01:06:00.280 --> 01:06:03.800]  All the fish around there are, they're people snorkeling all the time.
[01:06:03.800 --> 01:06:08.320]  And you know, sometimes kids or sometimes even, you know, us would, you know, try to
[01:06:08.320 --> 01:06:12.160]  reach out and grab one of them, you know, see if we can catch them.
[01:06:12.160 --> 01:06:17.120]  You can't catch a fish in the water like that with your hands, you know, but they,
[01:06:17.120 --> 01:06:18.400]  and they know it, okay?
[01:06:18.400 --> 01:06:24.280]  And so they know that you're just there like watching them or maybe you might try to grab
[01:06:24.280 --> 01:06:27.800]  them and, you know, test them and they, they just kind of flit away a little bit.
[01:06:27.800 --> 01:06:32.520]  But they're, they're always like literally like only a few inches like from your hands.
[01:06:32.520 --> 01:06:36.120]  I mean, if you even reach out to them, you know, they, it's, it's like, hey, hey, hey,
[01:06:36.120 --> 01:06:37.120]  you can't get me.
[01:06:37.120 --> 01:06:39.000]  And, you know, they're just all around you.
[01:06:39.000 --> 01:06:42.800]  I mean, like you could touch them just about and they will touch you.
[01:06:42.800 --> 01:06:47.440]  They'll kind of like nibble on you and sometimes and stuff or rub up against you, you know.
[01:06:47.440 --> 01:06:49.760]  And so they don't consider you a threat.
[01:06:49.760 --> 01:06:51.920]  They don't consider any of the humans a threat.
[01:06:51.920 --> 01:06:58.040]  And they, they have formation patterns in this school and they'll, you know, they'll
[01:06:58.040 --> 01:07:04.480]  move and you, as they all move together, you see the flashing of their scales, the different
[01:07:04.480 --> 01:07:08.120]  colors and the shiny, it's really just gorgeous.
[01:07:08.120 --> 01:07:12.800]  All these different colors, beautiful little ocean fish, angel fish and things like fish
[01:07:12.800 --> 01:07:18.040]  you would see in a saltwater aquarium, you know, in some, you know, somebody's expensive
[01:07:18.040 --> 01:07:19.040]  saltwater aquarium.
[01:07:19.040 --> 01:07:23.880]  Well, so anyway, they're moving together like Randy's talking about this school.
[01:07:23.880 --> 01:07:25.760]  It's like they move as one.
[01:07:25.760 --> 01:07:36.320]  And then all of a sudden they did this amazing formation pattern where they kind of split
[01:07:36.320 --> 01:07:42.800]  apart like almost into a cylinder, like this kind of a funnel kind of a pattern almost
[01:07:42.800 --> 01:07:47.680]  like a three dimensional funnel pattern almost looked like a wake.
[01:07:47.680 --> 01:07:52.080]  Like if a, if a boat's moving across the water and there's like a wake behind it, like on
[01:07:52.080 --> 01:07:54.040]  the surface, that's kind of two dimensional.
[01:07:54.040 --> 01:07:57.520]  Well, I mean, technically it is, but if you're looking from straight down, but this was like
[01:07:57.520 --> 01:08:03.800]  a three dimensional wake, but there was nothing coming through it.
[01:08:03.800 --> 01:08:06.120]  And we were like, well, why are they doing that?
[01:08:06.120 --> 01:08:10.160]  And I thought, well, maybe there's some human coming that's like swimming really fast or
[01:08:10.160 --> 01:08:11.160]  something.
[01:08:11.160 --> 01:08:12.160]  I, I didn't know.
[01:08:12.160 --> 01:08:13.760]  It wasn't clear what was going on.
[01:08:13.760 --> 01:08:20.800]  And then all of a sudden we, we looked to the side and here comes this big old barracuda.
[01:08:20.800 --> 01:08:27.520]  And I just started laughing, you know, as much as I could laugh at my faces in the water,
[01:08:27.520 --> 01:08:29.560]  you know, obviously we were snorkeling.
[01:08:29.560 --> 01:08:30.560]  We were on the surface.
[01:08:30.560 --> 01:08:31.560]  This was not scuba diving.
[01:08:31.560 --> 01:08:32.920]  We're, we're like floating on the surface.
[01:08:32.920 --> 01:08:38.920]  And so here comes this barracuda about four, four and a half feet long.
[01:08:38.920 --> 01:08:45.000]  And you can see it's jaws and everything, and I'll tell you what, those fish knew what
[01:08:45.000 --> 01:08:50.000]  that barracuda was, those beautiful little angel fish and all these different, you know,
[01:08:50.000 --> 01:08:51.000]  gorgeous fish.
[01:08:51.000 --> 01:08:53.280]  They knew what that barracuda was.
[01:08:53.280 --> 01:08:59.800]  And what was amazing to me was that they didn't disperse, okay?
[01:08:59.800 --> 01:09:06.480]  Like they didn't just like all flee in, in a hundred, you know, million different directions,
[01:09:06.480 --> 01:09:11.920]  each fish going its own direction, you know, like scattering, like a, you know, a bomb
[01:09:11.920 --> 01:09:13.360]  going off or something.
[01:09:13.360 --> 01:09:19.680]  They stayed together in a formation, but a different pattern, they, of course they're
[01:09:19.680 --> 01:09:24.760]  going to move away from the barracuda, but they made like this cylindrical pattern and
[01:09:24.760 --> 01:09:29.240]  they were still all the, all the little angel fish and the different fish of this kind of
[01:09:29.240 --> 01:09:30.240]  school.
[01:09:30.240 --> 01:09:34.360]  They were all still very close together and they made this, this beautiful kind of cylindrical
[01:09:34.360 --> 01:09:38.200]  funnel pattern around the barracuda, okay?
[01:09:38.200 --> 01:09:44.080]  And so as the barracuda would try to swim towards one of the sides of this kind of funnel
[01:09:44.080 --> 01:09:51.960]  that they had made, you know, then the whole school would change the shape of, of this formation
[01:09:51.960 --> 01:09:59.000]  so that basically wherever the barracuda would try to go towards them, he, he could never
[01:09:59.000 --> 01:10:04.160]  get to them because they all like would move according to how the barracuda was moving
[01:10:04.160 --> 01:10:06.640]  and kept this distance around them.
[01:10:06.640 --> 01:10:11.960]  And I suppose if the barracuda had really been desperate and hungry, he, he could have
[01:10:11.960 --> 01:10:12.960]  probably got one of those fish.
[01:10:12.960 --> 01:10:16.960]  I mean, obviously the predators are eventually going to get something, right?
[01:10:16.960 --> 01:10:22.360]  But he, he wasn't that aggressive or she wasn't that aggressive at the time.
[01:10:22.360 --> 01:10:26.480]  And so the barracuda just kind of like just gave up and just moved on.
[01:10:26.480 --> 01:10:31.680]  And anyway, I just thought that was so amazing that these fish didn't like panic and just
[01:10:31.680 --> 01:10:37.600]  like go, you know, just everyone, you know, flying away in their own direction.
[01:10:37.600 --> 01:10:45.560]  And that's intelligence because if they had done that, if each one had fled in a, in a
[01:10:45.560 --> 01:10:50.920]  random opposite direction, they would have been isolated from the school.
[01:10:50.920 --> 01:10:54.720]  The school would have been broken, the pattern would have been broken and the barracuda could
[01:10:54.720 --> 01:10:58.920]  have eventually chased one of them down or multiples of them down.
[01:10:58.920 --> 01:11:05.160]  So anyways, it's just, it's just very interesting that this kind of swarm, you know, technology
[01:11:05.160 --> 01:11:12.680]  of link lists, like it's coming into play now with how things are built with data structures
[01:11:12.680 --> 01:11:15.480]  and databases and things like this.
[01:11:15.480 --> 01:11:19.000]  And, and you know, the whole thing with, I just wanted to comment before we start taking
[01:11:19.000 --> 01:11:25.000]  calls about the cryptography and blockchain.
[01:11:25.000 --> 01:11:32.360]  This is an incredible mathematical technology and if I had known about cryptography when
[01:11:32.360 --> 01:11:40.160]  I was majoring in mathematics at UT, when I was getting my degree in math at UT, I would
[01:11:40.160 --> 01:11:44.280]  have, I would have gone into the field of cryptography.
[01:11:44.280 --> 01:11:54.240]  But I don't think it was actually even possible at the time because back in those days, see
[01:11:54.240 --> 01:11:59.920]  encryption has been around for decades, right, peer-to-peer encryption, you know, people
[01:11:59.920 --> 01:12:07.560]  have encrypted chats and text messaging, you know, there's signal and even Skype is supposedly
[01:12:07.560 --> 01:12:11.720]  encrypted even though, you know, Microsoft has the keys, you know, things like this,
[01:12:11.720 --> 01:12:15.600]  peer-to-peer encryption, you know, you always want to use encrypted text messaging just
[01:12:15.600 --> 01:12:21.000]  so some random teenager with a, you know, proper radio receiving equipment can't just
[01:12:21.000 --> 01:12:26.560]  pick up all your text messages even though, of course, your cell phone provider can decrypt
[01:12:26.560 --> 01:12:30.840]  it because it's their encryption keys, right, encryption algorithm, I mean.
[01:12:30.840 --> 01:12:34.560]  But anyways, the point of encryption is that it had always been peer-to-peer.
[01:12:34.560 --> 01:12:39.320]  In other words, there was encryption on both sides.
[01:12:39.320 --> 01:12:42.560]  Nothing about it was public, okay.
[01:12:42.560 --> 01:12:52.000]  Well you can't use peer-to-peer encryption for the purpose of something like, say, current
[01:12:52.000 --> 01:12:59.400]  currency financing, okay, exchanging of money because like with your bank account, you have
[01:12:59.400 --> 01:13:03.800]  to give out your bank account like when you write a check, it's on your check, okay, that's
[01:13:03.800 --> 01:13:05.520]  your public key.
[01:13:05.520 --> 01:13:11.760]  Now the banks have your private key, that's the scary part that people don't realize.
[01:13:11.760 --> 01:13:17.240]  Now with public key encryption, what that means is that you have a key, a string of
[01:13:17.240 --> 01:13:23.880]  characters that's very long of alphanumeric characters that you can give out to the world.
[01:13:23.880 --> 01:13:30.000]  That's your public key, that's like your bank account number for receiving of cryptography
[01:13:30.000 --> 01:13:33.880]  funds, okay, of, you know, cryptocurrency.
[01:13:33.880 --> 01:13:39.760]  But you have the private key for that wallet, okay, or for that address, really, a wallet
[01:13:39.760 --> 01:13:41.440]  is a set of addresses.
[01:13:41.440 --> 01:13:47.480]  So you have the private key for that address and no one knows what that is but you.
[01:13:47.480 --> 01:13:50.600]  And so you have to have the private key in order to spend it.
[01:13:50.600 --> 01:13:56.360]  And so it's not a peer-to-peer encryption, it's like a one-way encryption.
[01:13:56.360 --> 01:13:58.680]  It's called public key cryptography.
[01:13:58.680 --> 01:14:06.800]  And this was classified mathematical research by the federal government for a long time.
[01:14:06.800 --> 01:14:17.920]  They, the NSA, the top mathematical researchers that developed public key cryptography, the
[01:14:17.920 --> 01:14:21.880]  rabble, you know, the little guys, you know, the public, they can have their peer-to-peer
[01:14:21.880 --> 01:14:22.880]  encryption.
[01:14:22.880 --> 01:14:23.880]  That's not threatening.
[01:14:23.880 --> 01:14:27.800]  Okay, yeah, and cryptotech messages, we'll eventually break it anyway if we want to,
[01:14:27.800 --> 01:14:32.200]  or we'll have centralized algorithms, you know, like Skype, we can get into everybody's
[01:14:32.200 --> 01:14:33.360]  everything anyway.
[01:14:33.360 --> 01:14:41.440]  Okay, so, but they did not want people having public key cryptography because that is the
[01:14:41.440 --> 01:14:45.600]  key to financial freedom because now we don't need the banks anymore.
[01:14:45.600 --> 01:14:52.960]  We're our own banker, your cryptocurrency wallet is your bank, okay, and nobody can
[01:14:52.960 --> 01:14:53.960]  take it away from you.
[01:14:53.960 --> 01:14:55.880]  There's no such thing as a bank holiday.
[01:14:55.880 --> 01:14:59.520]  See the banks with fiat, they have your private key.
[01:14:59.520 --> 01:15:01.040]  All you have is a public key.
[01:15:01.040 --> 01:15:05.240]  I mean, you spend with your bank account number, but technically they still have your private
[01:15:05.240 --> 01:15:06.240]  key.
[01:15:06.240 --> 01:15:07.240]  They can freeze your account anytime they want.
[01:15:07.240 --> 01:15:12.880]  All right, so with public key cryptography, it was classified research for a very long
[01:15:12.880 --> 01:15:22.520]  time and then at a certain point in the late 80s, early 90s, it became declassified, all
[01:15:22.520 --> 01:15:27.640]  right, and then this research got into a certain library.
[01:15:27.640 --> 01:15:30.640]  I'm going to have a guest come on and go over this in detail.
[01:15:30.640 --> 01:15:35.840]  He presented this whole seminar at the Texas Bitcoin conference last year, so I'm just
[01:15:35.840 --> 01:15:38.320]  briefly going over this because I know we're about to go to break.
[01:15:38.320 --> 01:15:45.080]  But anyway, so this public key cryptography mathematical research eventually got declassified
[01:15:45.080 --> 01:15:48.600]  in the late 80s, at some point in the late 80s, maybe early 90s.
[01:15:48.600 --> 01:15:56.440]  It got into a library and somebody that worked at the library realized how powerful this
[01:15:56.440 --> 01:16:02.560]  would be in the hands of the people and got it to a friend of his that was in what they
[01:16:02.560 --> 01:16:09.240]  call the cypherpunk movement of mathematicians and computer programmers and it got into the
[01:16:09.240 --> 01:16:18.160]  hands of the people and then what ended up happening was the NSA and the feds went ballistic.
[01:16:18.160 --> 01:16:22.040]  They couldn't believe it, even though it had been declassified, it got into the hands of
[01:16:22.040 --> 01:16:30.040]  the cypherpunks and so the DOJ tried to prosecute them, the cypherpunks, for espionage, under
[01:16:30.040 --> 01:16:34.680]  the espionage act they wanted to throw them in federal prison for the rest of their lives
[01:16:34.680 --> 01:16:42.080]  for possessing classified documents even though it was declassified and they nearly got railroaded
[01:16:42.080 --> 01:16:45.920]  into federal prison for the rest of their lives and the only reason it didn't happen
[01:16:45.920 --> 01:16:51.840]  was because the media got a hold of it, even the mainstream media at the time and it got
[01:16:51.840 --> 01:16:56.320]  so much exposure they had to drop the case and bitcoin came out shortly thereafter and
[01:16:56.320 --> 01:16:58.520]  now we have public key cryptography.
[01:16:58.520 --> 01:17:09.880]  It's the 2018 Logos Radio Network annual fundraiser and gun giveaway sponsored by Central
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[01:19:07.640 --> 01:19:33.760]  Okay, folks, we are back.
[01:19:33.760 --> 01:19:42.360]  So we are laying the groundwork here from a technological perspective concerning our
[01:19:42.360 --> 01:19:44.360]  freedom.
[01:19:44.360 --> 01:19:47.120]  I am going to have this gentleman come on as a guest.
[01:19:47.120 --> 01:19:51.080]  I've been meaning to do that for quite some time, but I've been bogged down with so many
[01:19:51.080 --> 01:19:54.280]  projects and fundraising and just trying to keep things going.
[01:19:54.280 --> 01:20:02.720]  I just haven't had enough time to develop content for this show on my own and get scheduled
[01:20:02.720 --> 01:20:03.720]  and things.
[01:20:03.720 --> 01:20:08.840]  But he made a fantastic presentation at the Texas Bitcoin Conference about the history
[01:20:08.840 --> 01:20:18.680]  of public key cryptography in the research, in the cipherpunk movement and how these mathematician
[01:20:18.680 --> 01:20:27.160]  and programmers nearly got railroaded into federal prison for life without parole under
[01:20:27.160 --> 01:20:36.720]  the Espionage Act for possessing, quote, classified research, which was not classified.
[01:20:36.720 --> 01:20:44.680]  Okay, I'm telling you, the powers that be did not want the technology of public key
[01:20:44.680 --> 01:20:47.400]  cryptography getting into the hands of the people.
[01:20:47.400 --> 01:20:52.720]  You can have your peer-to-peer encryption all you want, but not public key cryptography
[01:20:52.720 --> 01:20:57.480]  because they knew that that is a key to our financial freedom.
[01:20:57.480 --> 01:21:02.080]  It basically makes central banking obsolete.
[01:21:02.080 --> 01:21:04.600]  We don't need them anymore.
[01:21:04.600 --> 01:21:07.360]  Okay, we don't need their fiat anymore.
[01:21:07.360 --> 01:21:10.280]  We don't need their centralized control anymore.
[01:21:10.280 --> 01:21:12.560]  We can do everything ourselves.
[01:21:12.560 --> 01:21:17.000]  It's not counterfeiting or anything like that.
[01:21:17.000 --> 01:21:22.880]  There's no law saying that, you know, I can't buy something from somebody else with a bag
[01:21:22.880 --> 01:21:26.280]  of rice or anything else for that matter.
[01:21:26.280 --> 01:21:31.760]  And so with the public key cryptography, you give one key to the public, that's free receiving,
[01:21:31.760 --> 01:21:36.360]  you keep your private key, that's for spending, and like Randy was talking about before, these
[01:21:36.360 --> 01:21:45.960]  algorithms that calculate the hashes between the blocks, it's so complex, it would take
[01:21:45.960 --> 01:21:54.200]  dozens of years, maybe hundreds of years with current computing technology and so much resources,
[01:21:54.200 --> 01:21:56.880]  it's not worth trying to hack it.
[01:21:56.880 --> 01:22:04.640]  I mean, the idea is that if you have somebody's public key, the probability of being able
[01:22:04.640 --> 01:22:14.040]  to reverse engineer to determine what their private key is is so small, it's just math,
[01:22:14.040 --> 01:22:17.200]  for all practical purposes, it's mathematically impossible.
[01:22:17.200 --> 01:22:23.080]  Unless you had quantum computing, then you could decrypt everything, you could blow up
[01:22:23.080 --> 01:22:24.280]  the blockchain.
[01:22:24.280 --> 01:22:28.120]  And some people are like, oh, well, it's so vulnerable then, if they come out with quantum
[01:22:28.120 --> 01:22:32.920]  computing, they're going to blow up Bitcoin and all this stuff, no, they're not.
[01:22:32.920 --> 01:22:36.720]  And Randy was discussing on the break that he doesn't think it will ever be possible
[01:22:36.720 --> 01:22:41.160]  to develop quantum computing at all.
[01:22:41.160 --> 01:22:46.880]  And we can discuss that later, but just for hypothetical sake, even if the NSA had quantum
[01:22:46.880 --> 01:22:50.640]  computing right now and had the ability to push a button right now and completely blow
[01:22:50.640 --> 01:22:54.960]  up the blockchain of Bitcoin or any of these other cryptocurrencies, they're not going
[01:22:54.960 --> 01:22:55.960]  to do it.
[01:22:55.960 --> 01:22:59.520]  Okay, they're not going to do it, and I'll tell you why, because it would not be in
[01:22:59.520 --> 01:23:06.000]  their best interest to do so, because they're using it too, all right, they are using it
[01:23:06.000 --> 01:23:13.720]  too, and they wouldn't want to do that because it would cause havoc, okay, it would cause
[01:23:13.720 --> 01:23:16.800]  complete and total upheaval socially.
[01:23:16.800 --> 01:23:20.880]  It would be like they're never going to go door-to-door and confiscate guns, okay, they're
[01:23:20.880 --> 01:23:25.480]  not going to do it because people would fire back, okay, it would be too messy, they're
[01:23:25.480 --> 01:23:27.320]  not going to blow up the blockchain.
[01:23:27.320 --> 01:23:35.040]  What they might do is if they find out, if you're particularly a target for some reason,
[01:23:35.040 --> 01:23:39.920]  they might try to find out which wallet is yours, and they may steal the funds out of
[01:23:39.920 --> 01:23:43.560]  your wallet, but they're not going to blow up the blockchain, so they're not going to
[01:23:43.560 --> 01:23:44.560]  do it.
[01:23:44.560 --> 01:23:46.600]  The bottom line is the genie is out of the bottle.
[01:23:46.600 --> 01:23:53.400]  We have public key cryptography, and people, I think, just don't realize yet how important
[01:23:53.400 --> 01:23:59.200]  that is to our freedom, because it's not just about finances, it's about everything, it's
[01:23:59.200 --> 01:24:04.640]  about, there are so many blockchain applications preserving court records, okay, things like
[01:24:04.640 --> 01:24:11.280]  this, voting, okay, voting needs to be on the blockchain, because once the data is entered
[01:24:11.280 --> 01:24:15.280]  into the blockchain, you can't get rid of it, you can't take it back, you can't cook
[01:24:15.280 --> 01:24:16.280]  the books.
[01:24:16.280 --> 01:24:21.080]  In fact, there's a company here in Austin-Factum that they have data stores for public companies
[01:24:21.080 --> 01:24:24.600]  to publicly store their financial records.
[01:24:24.600 --> 01:24:28.760]  These companies that have to be audited and make their finances public for their board
[01:24:28.760 --> 01:24:33.520]  of directors and stockholders and stuff, this proves that they're not tricking the books,
[01:24:33.520 --> 01:24:34.520]  okay.
[01:24:34.520 --> 01:24:35.520]  There's lots of things like that.
[01:24:35.520 --> 01:24:40.760]  You can also have private blockchains, but this is the future, especially the decentralized
[01:24:40.760 --> 01:24:44.800]  aspect of it, and what Randy's talking about, the decentralized web, you know, some people
[01:24:44.800 --> 01:24:50.520]  are saying, well, they can destroy cryptography and the blockchain and Bitcoin.
[01:24:50.520 --> 01:24:52.520]  They can just shut down the internet.
[01:24:52.520 --> 01:24:53.520]  No, they can't.
[01:24:53.520 --> 01:24:56.960]  They can't shut down the internet, okay.
[01:24:56.960 --> 01:25:01.840]  If they tried to shut down the internet, they would shoot themselves in the foot.
[01:25:01.840 --> 01:25:05.280]  Nothing wouldn't work, nothing would work, they can't shut down the internet.
[01:25:05.280 --> 01:25:09.080]  They may try to put filters, like they have filters in China.
[01:25:09.080 --> 01:25:15.000]  Anybody that knows anything at all about a little bit about computing can tunnel through
[01:25:15.000 --> 01:25:16.400]  those filters in China, okay.
[01:25:16.400 --> 01:25:21.120]  I know people that have friends over there and those filters are a joke, okay.
[01:25:21.120 --> 01:25:23.920]  People in China that can tunnel right through that stuff, all right.
[01:25:23.920 --> 01:25:30.400]  So anyways, what Randy's trying to say is this can be applied to how we deal with the
[01:25:30.400 --> 01:25:36.000]  court systems, how lawyers deal with their records, the power is coming back to the hands
[01:25:36.000 --> 01:25:40.480]  of the people because it's all becoming decentralized, okay.
[01:25:40.480 --> 01:25:41.480]  There's no central control.
[01:25:41.480 --> 01:25:45.720]  That's why the bankers are hopping mad about Bitcoin because they can't control it.
[01:25:45.720 --> 01:25:50.000]  They can't control, like, metals with the futures markets or anything else.
[01:25:50.000 --> 01:25:53.760]  I mean, they would literally have to shut down the freaking power grid to shut it down.
[01:25:53.760 --> 01:25:54.840]  They can't do it.
[01:25:54.840 --> 01:26:00.400]  So the genie's out of the bottle and now we're finding all these applications for blockchain
[01:26:00.400 --> 01:26:07.480]  and decentralized ledger systems, decentralized lists, decentralized, you know, everything
[01:26:07.480 --> 01:26:09.440]  that Randy is talking about.
[01:26:09.440 --> 01:26:15.840]  So we're working on building this kind of technology regarding, using this technology
[01:26:15.840 --> 01:26:19.200]  to build Randy's, you know, electronic lawyer system.
[01:26:19.200 --> 01:26:22.880]  And so we have very big things coming.
[01:26:22.880 --> 01:26:27.960]  This is like 10 years in the working that Randy and I've been working on this and I'm
[01:26:27.960 --> 01:26:28.960]  really excited.
[01:26:28.960 --> 01:26:33.000]  So anyway, that's my little, that's my little dissertation there, my short dissertation
[01:26:33.000 --> 01:26:39.520]  concerning public key cryptography and blockchain and distributed ledger systems, distributed
[01:26:39.520 --> 01:26:43.040]  web and all these kinds of things.
[01:26:43.040 --> 01:26:44.040]  It's coming.
[01:26:44.040 --> 01:26:45.040]  It's coming.
[01:26:45.040 --> 01:26:46.040]  Okay.
[01:26:46.040 --> 01:26:52.800]  I'm in Tennessee right now and about 30 years ago, 40 years ago, somebody had this
[01:26:52.800 --> 01:26:55.040]  great idea.
[01:26:55.040 --> 01:26:59.840]  We've got this creeping vine in Japan.
[01:26:59.840 --> 01:27:02.640]  It's called Kudzu.
[01:27:02.640 --> 01:27:09.000]  It is a great for foraging and it grows extremely fast and animals love it.
[01:27:09.000 --> 01:27:11.760]  You need to bring it to the United States and try it out.
[01:27:11.760 --> 01:27:15.120]  Well, they brought us the United States to try it out.
[01:27:15.120 --> 01:27:20.120]  It just about swallowed Mississippi.
[01:27:20.120 --> 01:27:25.920]  If you ever drive again in the South, you'll come to a place on the side of the road where
[01:27:25.920 --> 01:27:31.960]  all of the trees are covered with this lush green vine.
[01:27:31.960 --> 01:27:37.320]  The trees underneath are all dead because the Kudzu has just completely covered it.
[01:27:37.320 --> 01:27:45.000]  They planted the Kudzu and it did great and it grew so fast you could literally see it
[01:27:45.000 --> 01:27:47.760]  growing.
[01:27:47.760 --> 01:27:55.760]  But it got out of hand and they could not stop it.
[01:27:55.760 --> 01:27:57.360]  Nothing they did stopped it.
[01:27:57.360 --> 01:27:59.320]  This is what the blockchain is.
[01:27:59.320 --> 01:28:00.320]  Yeah.
[01:28:00.320 --> 01:28:01.320]  Well, they knew it was coming.
[01:28:01.320 --> 01:28:08.400]  Randy, believe me, they did not want public key cryptography falling into the hands of
[01:28:08.400 --> 01:28:13.320]  the people because they knew what would happen and guess what?
[01:28:13.320 --> 01:28:14.320]  It's too late.
[01:28:14.320 --> 01:28:17.160]  They can't make Bitcoin illegal.
[01:28:17.160 --> 01:28:19.560]  They can't make any of this stuff illegal.
[01:28:19.560 --> 01:28:20.560]  Okay?
[01:28:20.560 --> 01:28:21.560]  It's too late.
[01:28:21.560 --> 01:28:24.520]  We already have it.
[01:28:24.520 --> 01:28:26.320]  Bitcoin is barter.
[01:28:26.320 --> 01:28:33.760]  The only country, Randy, the only country that I know of that has been able to even
[01:28:33.760 --> 01:28:42.920]  mildly had any success whatsoever at banning the use of cryptocurrency for a means of private
[01:28:42.920 --> 01:28:48.480]  exchange between two private individuals or a business is in Bali.
[01:28:48.480 --> 01:28:52.680]  But it is a very tightly controlled environment.
[01:28:52.680 --> 01:28:55.360]  It's an island, okay?
[01:28:55.360 --> 01:29:02.840]  The government is Indonesia and they don't want... The government wants their cut.
[01:29:02.840 --> 01:29:09.280]  What's been happening is that the merchants that sell clothes and jewelry and all the
[01:29:09.280 --> 01:29:16.480]  touristy items and the hotels and the services and the spas and the boat rentals and everything
[01:29:16.480 --> 01:29:22.120]  that goes along with the tourist industry in an island resort like that, they are all
[01:29:22.120 --> 01:29:27.400]  the merchants, all the service providers, they're all taking cryptocurrency for payments
[01:29:27.400 --> 01:29:30.920]  and they can still pay taxes on it, but that's not good enough.
[01:29:30.920 --> 01:29:36.360]  The central bank there wants them to use their money, okay?
[01:29:36.360 --> 01:29:43.200]  And so they've got the local police coming in there and posing as a tourist offering
[01:29:43.200 --> 01:29:48.040]  Bitcoin for a hotel room and so they're sort of able to crack down on an environment like
[01:29:48.040 --> 01:29:49.040]  that.
[01:29:49.040 --> 01:29:53.240]  They're not going to be able to do that on a massive scale in every city in the United
[01:29:53.240 --> 01:29:58.080]  States to stop people from taking cryptocurrency as barter, okay?
[01:29:58.080 --> 01:29:59.080]  We've got it.
[01:29:59.080 --> 01:30:08.040]  Get out a hat and sunglasses and San Diego law enforcement agents are using video surveillance
[01:30:08.040 --> 01:30:13.760]  cameras and facial recognition to pick faces out of crowds under Catherine Albrecht, back
[01:30:13.760 --> 01:30:16.560]  with details in a moment.
[01:30:16.560 --> 01:30:18.280]  Privacy is under attack.
[01:30:18.280 --> 01:30:21.880]  When you give up data about yourself, you'll never get it back again.
[01:30:21.880 --> 01:30:26.880]  And once your privacy is gone, you'll find your freedoms will start to vanish too.
[01:30:26.880 --> 01:30:32.520]  Never protect your rights, say no to surveillance and keep your information to yourself.
[01:30:32.520 --> 01:30:34.680]  Privacy, it's worth hanging on to.
[01:30:34.680 --> 01:30:40.280]  This message is brought to you by StartPage.com, the private search engine alternative to Google,
[01:30:40.280 --> 01:30:42.000]  Yahoo and Bing.
[01:30:42.000 --> 01:30:46.000]  Start over with StartPage.
[01:30:46.000 --> 01:30:50.680]  Privacy-invading technologies are coming online faster than you can scream Big Brother and
[01:30:50.680 --> 01:30:54.920]  one California company called Face First tops my spooky list.
[01:30:54.920 --> 01:30:59.960]  Face First has developed scanners that can sweep a crowd from 100 feet away to record
[01:30:59.960 --> 01:31:03.600]  every face and feed those images into a database.
[01:31:03.600 --> 01:31:06.800]  People are identified in under a second.
[01:31:06.800 --> 01:31:12.000]  Already deployed in Panama, Face First is now being tested on San Diego streets.
[01:31:12.000 --> 01:31:18.080]  Imagine the feds, drones, marketers and stalkers all scanning our faces and identifying us
[01:31:18.080 --> 01:31:19.920]  as we walk down the street.
[01:31:19.920 --> 01:31:23.000]  Yikes, I'm buying a floppy hat and some sunglasses.
[01:31:23.000 --> 01:31:31.320]  I'm Dr. Katharine Albrecht for StartPage.com, the world's most private search engine.
[01:31:31.320 --> 01:31:36.720]  This is Building 7, a 47-story skyscraper that fell on the afternoon of September 11th.
[01:31:36.720 --> 01:31:39.000]  The government says that fire brought it down.
[01:31:39.000 --> 01:31:43.760]  However, 1,500 architects and engineers concluded it was a controlled demolition.
[01:31:43.760 --> 01:31:47.760]  Over 6,000 of my fellow service members have given their lives and thousands of my fellow
[01:31:47.760 --> 01:31:49.200]  first responders have died.
[01:31:49.200 --> 01:31:52.880]  I'm not a conspiracy theorist, I'm a structural engineer, I'm a New York City correctional
[01:31:52.880 --> 01:31:57.720]  officer, I'm an Air Force pilot, I'm a father who lost his son, we're Americans and we deserve
[01:31:57.720 --> 01:31:58.720]  the truth.
[01:31:58.720 --> 01:32:00.720]  Go to RememberBuilding7.org today.
[01:32:00.720 --> 01:32:03.880]  Hey, it's Danny here for Hill Country Home Improvements.
[01:32:03.880 --> 01:32:06.880]  Did your home receive hail or wind damage from the recent storms?
[01:32:06.880 --> 01:32:10.520]  Come on, we all know the government caused it with their chemtrails, but good luck getting
[01:32:10.520 --> 01:32:11.520]  them to pay for it.
[01:32:11.520 --> 01:32:15.120]  Okay, I might be kidding about the chemtrails, but I'm serious about your roof.
[01:32:15.120 --> 01:32:18.960]  That's why you have insurance and Hill Country Home Improvements can handle the claim for
[01:32:18.960 --> 01:32:21.720]  you with little to no out-of-pocket expense.
[01:32:21.720 --> 01:32:27.320]  To accept Bitcoin as a multi-year A-plus member of the Better Business Bureau with zero complaints,
[01:32:27.320 --> 01:32:31.680]  you can trust Hill Country Home Improvements to handle your claim and your roof right the
[01:32:31.680 --> 01:32:32.680]  first time.
[01:32:32.680 --> 01:32:41.280]  Just call 512-992-8745 or go to hillcountryhomeimprovements.com, mention the crypto show and get $100 off
[01:32:41.280 --> 01:32:46.000]  and we'll donate another $100 to the Logos Radio Network to help continue this programming.
[01:32:46.000 --> 01:32:51.160]  So if those out-of-town roofers come knocking, your door should be locked in.
[01:32:51.160 --> 01:32:57.160]  Just call 512-992-8745 or hillcountryhomeimprovements.com.
[01:32:57.160 --> 01:32:59.160]  Discounts are based on full roof replacement.
[01:32:59.160 --> 01:33:01.160]  I mean, I actually be kidding about chemtrails.
[01:33:01.160 --> 01:33:06.160]  You are listening to the Logos Radio Network, LogosRadioNetwork.com.
[01:33:06.160 --> 01:33:17.160]  Yeah, we want to check, do you think we've beat on it?
[01:33:17.160 --> 01:33:19.160]  Back in if you want me to bring it.
[01:33:19.160 --> 01:33:20.160]  Okay, we are back.
[01:33:20.160 --> 01:33:26.160]  The School of Law, Randy Kelton and Debra Stevens, it is August 2, Thursday, August 2.
[01:33:26.160 --> 01:33:27.720]  Tina, we see you there.
[01:33:27.720 --> 01:33:32.040]  We did open the phone lines and we're taking a little bit longer on this whole discussion
[01:33:32.040 --> 01:33:38.160]  about public key cryptography and blockchain technology, decentralized ledger systems,
[01:33:38.160 --> 01:33:44.760]  decentralized databases, decentralized servers, all of these things and how powerful it is.
[01:33:44.760 --> 01:33:49.480]  Anything that's decentralized that's in the hands of the people, the bad guys can't take
[01:33:49.480 --> 01:33:50.800]  away from us.
[01:33:50.800 --> 01:33:55.120]  Whenever you start getting into centralized control, that's when there's a problem.
[01:33:55.120 --> 01:34:01.200]  I was just telling Randy on the break, I really wish I had listened to my friend Harlan
[01:34:01.200 --> 01:34:09.920]  Dietrich, owner of Brave New Books, back in like 2010, when he first started telling me
[01:34:09.920 --> 01:34:14.760]  about Bitcoin and I was like, what is this?
[01:34:14.760 --> 01:34:23.280]  I started looking into it a little bit and I could see that it wasn't quote-unquote based
[01:34:23.280 --> 01:34:31.440]  on anything that I could see was of quote-unquote value, like originally the US dollar was supposed
[01:34:31.440 --> 01:34:36.960]  to be backed by gold or whatever, which we all know is not anymore.
[01:34:36.960 --> 01:34:43.240]  Things like this, see, I knew that Bitcoin wasn't fiat, fiat doesn't mean that it's
[01:34:43.240 --> 01:34:50.240]  not backed by anything, fiat means it's enforced at the point of a gun by the government, that's
[01:34:50.240 --> 01:34:56.080]  what you have to use as a means of currency primarily for paying taxes and that you have
[01:34:56.080 --> 01:35:04.280]  to use it basically for corporate business commerce, things like this, so that it can
[01:35:04.280 --> 01:35:09.760]  be visible for tracing and tracking by the government and to make sure people aren't
[01:35:09.760 --> 01:35:13.400]  money laundering and all these anti-terrorism laws and things like this.
[01:35:13.400 --> 01:35:19.320]  You're forced to use it as a means of currency at the point of a gun, that's what fiat means,
[01:35:19.320 --> 01:35:20.600]  government enforced.
[01:35:20.600 --> 01:35:26.800]  It could be backed by something of value, but probably not, all right?
[01:35:26.800 --> 01:35:32.640]  So Bitcoin I knew wasn't fiat, but it didn't look to me like it was based on anything,
[01:35:32.640 --> 01:35:34.440]  like it was backed by anything.
[01:35:34.440 --> 01:35:43.280]  It's Bitcoin, it's like digital bits that people agree on as a means of exchange and
[01:35:43.280 --> 01:35:46.800]  I was like, why do I want to invest in that?
[01:35:46.800 --> 01:35:52.000]  Because I was a gold and silver bug at the time, well I should say silver bug, I've never
[01:35:52.000 --> 01:35:57.560]  really been able to afford to buy any gold, but I was a metals bug.
[01:35:57.560 --> 01:36:03.320]  We had started getting into this whole liberty movement through economics and learning from
[01:36:03.320 --> 01:36:10.360]  Ron Paul, Dr. Ron Paul, one of my longtime heroes, and studying the principles of Austrian
[01:36:10.360 --> 01:36:18.680]  economics, the Mises School of Economics and means of exchange and that money and Dr.
[01:36:18.680 --> 01:36:24.800]  Bill Viet has come on this show before and talked about the difference between money,
[01:36:24.800 --> 01:36:29.960]  a means of exchange and what is a means of exchange and things like this and I'd like
[01:36:29.960 --> 01:36:32.040]  to have them on again.
[01:36:32.040 --> 01:36:39.680]  So what Dr. Bill Viet says, his definition of real money is something that's used as
[01:36:39.680 --> 01:36:46.000]  a means of exchange that actually has intrinsic value like gold, silver.
[01:36:46.000 --> 01:36:53.800]  I couldn't see any intrinsic value in Bitcoin, it just looked like an agreed upon means of
[01:36:53.800 --> 01:36:58.520]  exchange which is a currency and I was like, well I'm not going to put my money into that,
[01:36:58.520 --> 01:36:59.880]  I'm not going to invest in that.
[01:36:59.880 --> 01:37:06.240]  I was a silver bug at the time, maybe have a little tiny piece of gold or something.
[01:37:06.240 --> 01:37:12.680]  I want to invest in something that's not only can be used as a currency as a means of exchange
[01:37:12.680 --> 01:37:18.320]  but also is quote real money which means it has intrinsic value and so I blew it off
[01:37:18.320 --> 01:37:25.360]  and I didn't want to listen to them because I was narrow minded at the time and I'm really
[01:37:25.360 --> 01:37:32.320]  sorry I didn't pay attention and study the technology because my background in mathematics
[01:37:32.320 --> 01:37:39.200]  and computer science and computer programming, I mean I could have, I had the background,
[01:37:39.200 --> 01:37:46.160]  I had the knowledge, I had the education to get my head wrapped around this research of
[01:37:46.160 --> 01:37:52.200]  public key cryptography at the time and to understand the nuts and bolts of how this
[01:37:52.200 --> 01:37:53.760]  stuff actually works.
[01:37:53.760 --> 01:37:58.800]  I should have looked into it but I was into metals at the time so then Bitcoin price starts
[01:37:58.800 --> 01:38:07.200]  climbing $20, $30, $50, $100, $200 and then I'm like what is going on here?
[01:38:07.200 --> 01:38:11.960]  Maybe I should start taking notice alright and so I start looking into it a little bit
[01:38:11.960 --> 01:38:17.320]  more, we started investing a little bit just because it looked like well people are placing
[01:38:17.320 --> 01:38:22.800]  value upon it even if it doesn't have intrinsic value okay and Harlan kept trying to tell
[01:38:22.800 --> 01:38:28.520]  me the whole time, dev it does have intrinsic value.
[01:38:28.520 --> 01:38:34.640]  The blockchain itself has tremendous intrinsic value.
[01:38:34.640 --> 01:38:40.040]  Public key cryptography has tremendous intrinsic value and you want to listen to them because
[01:38:40.040 --> 01:38:48.760]  to me it had to be something in my hand that I hold in my hand, tangible, physically tangible.
[01:38:48.760 --> 01:38:55.000]  If I couldn't physically, tangibly hold it in my hand I didn't associate it with having
[01:38:55.000 --> 01:38:57.000]  intrinsic value.
[01:38:57.000 --> 01:39:03.800]  That was a very narrow minded thought process of mine because there's no kind of things
[01:39:03.800 --> 01:39:10.480]  that you cannot put your hands on that have tremendous intrinsic value like setting up
[01:39:10.480 --> 01:39:17.040]  computer programs that run a radio network or audio that I produce that goes in your
[01:39:17.040 --> 01:39:20.720]  ears that's not something that you can actually put your hands on it has tremendous intrinsic
[01:39:20.720 --> 01:39:25.960]  value information the words we say that's not necessarily something you can physically
[01:39:25.960 --> 01:39:31.360]  touch but I just had this it was just in my head I have to be able to touch it or else
[01:39:31.360 --> 01:39:37.440]  it's not money bad bad bad more I found out about it I was like you know what this does
[01:39:37.440 --> 01:39:44.640]  have intrinsic value it is real money even Dr. Bill Veith and I we had long discussion
[01:39:44.640 --> 01:39:51.000]  about this he started getting into cryptocurrency last summer and he's like well I'm not sure
[01:39:51.000 --> 01:39:56.320]  if it's real money of intrinsic value but it certainly isn't agreed upon means of exchange
[01:39:56.320 --> 01:40:00.720]  and people are using it and it's going worldwide and we start discussing the blockchain I said
[01:40:00.720 --> 01:40:06.160]  look when you invest in the cryptocurrency you have a stake in the blockchain especially
[01:40:06.160 --> 01:40:10.680]  with bitcoin there's only ever going to be 20 million of them produced okay so that's
[01:40:10.680 --> 01:40:16.080]  why it's got speculative value the more it's used more people don't want it it's not an
[01:40:16.080 --> 01:40:22.040]  infinite production like helicopter Bernanke okay and so you have a stake in the blockchain
[01:40:22.040 --> 01:40:27.480]  you've got a piece of the blockchain when you get these cryptocurrencies you are getting
[01:40:27.480 --> 01:40:32.200]  something that has intrinsic value and public key cryptography absolutely has intrinsic
[01:40:32.200 --> 01:40:40.960]  value and so that's when we started really realizing what was going on and so anyways
[01:40:40.960 --> 01:40:46.720]  that is that that was my personal experience and now we're seeing applications that go
[01:40:46.720 --> 01:40:54.080]  far beyond all of these things it really is the key the key to our the total key to our
[01:40:54.080 --> 01:41:00.280]  freedom and to making centralized banking just completely obsolete okay when you started
[01:41:00.280 --> 01:41:05.480]  with cryptocurrency cryptocurrency was what when you first started talking it was like
[01:41:05.480 --> 01:41:15.000]  it was like 30 40 50 bucks bitcoin was okay I mean I could have been a million there we
[01:41:15.000 --> 01:41:22.040]  could be on satellite I could we could be buying high-power licensed FM radio stations
[01:41:22.040 --> 01:41:28.000]  which cost five to ten million dollars by now and beyond getting our message out everywhere
[01:41:28.000 --> 01:41:36.600]  I mean it's like hold on but whatever at least we're at least we're in it now Bitcoin topped
[01:41:36.600 --> 01:41:41.520]  out at what 17 now about 19 but wait a minute wait a minute before we go hold on I had one
[01:41:41.520 --> 01:41:47.360]  minute then it crashed and what's it at now it's about seventy five hundred eight thousand
[01:41:47.360 --> 01:41:52.680]  it'll probably you paid fifty cents for ten years ago I know I know no it's crazy and
[01:41:52.680 --> 01:41:59.080]  now it's crashed to eight thousand I know I know it's a big crash oh it was twenty grand
[01:41:59.080 --> 01:42:03.760]  now it's eight oh my gosh it crashed so hard give me a break only people that are upset
[01:42:03.760 --> 01:42:08.640]  about it are people that foe mode in that's fear of missing out they start foe mowing
[01:42:08.640 --> 01:42:12.480]  as the price was skyrocketing last December but wait I want to finish another concept
[01:42:12.480 --> 01:42:18.880]  about the intrinsic value I later when I was doing more thorough research into the Austrian
[01:42:18.880 --> 01:42:25.320]  school of economics the Mises school of economics I realized that yes well Dr. Ron Paul kept
[01:42:25.320 --> 01:42:31.480]  hammering metals metals metals intrinsic value actually the pure teaching of the Austrian
[01:42:31.480 --> 01:42:37.800]  school of Mises economics doesn't say that something has to be real doesn't say that
[01:42:37.800 --> 01:42:45.240]  something has to have intrinsic value per se in order to be a viable means of exchange
[01:42:45.240 --> 01:42:52.680]  that can function well and productively in an economy of millions of people it just has
[01:42:52.680 --> 01:42:58.960]  to it just has to function well enough that it's fungible it can be it needs to be elastic
[01:42:58.960 --> 01:43:05.080]  there's all these economic terms but it doesn't necessarily have to have quote unquote some
[01:43:05.080 --> 01:43:11.680]  type of intrinsic value in order for it to really function well as a means of exchange
[01:43:11.680 --> 01:43:15.600]  and when I realized that I was like how come Dr. Ron Paul it's like he's Mr. School of
[01:43:15.600 --> 01:43:20.440]  Economics Austrian economics why wasn't he teaching that and really he wasn't pushing
[01:43:20.440 --> 01:43:25.880]  that in all of his campaigns because he was trying to get people just to break them out
[01:43:25.880 --> 01:43:30.960]  of the mindset just to get out of fiat and look at something different you need to look
[01:43:30.960 --> 01:43:35.280]  at something different that's not so controlled by the government and something that does
[01:43:35.280 --> 01:43:40.880]  have intrinsic value and then from there you can get more sophisticated but so whether
[01:43:40.880 --> 01:43:47.040]  you want to say Bitcoin has intrinsic value or not I know it does either way it is a viable
[01:43:47.040 --> 01:43:52.920]  means of exchange that anyone can use and it's totally decentralized all these cryptocurrencies
[01:43:52.920 --> 01:44:01.000]  are so anyways we'll be right back and then we're going to go to Tina nutritious food
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[01:45:58.120 --> 01:46:28.080]  eight six six law easy all right we are back some time
[01:46:28.080 --> 01:46:34.960]  there are things we can't change sometimes we can realize things fully somebody's going
[01:46:34.960 --> 01:46:39.360]  to police the police man somebody's going to bully the bully somebody is going to make
[01:46:39.360 --> 01:46:48.520]  central banking obsolete and that is already happening and here we are with Randy Kelton
[01:46:48.520 --> 01:46:54.520]  and we're talking about this new technology that's been emerging on the scene and we've
[01:46:54.520 --> 01:47:00.640]  got Tina on the line now from California Tina thanks for calling in so what do you have
[01:47:00.640 --> 01:47:07.520]  for us tonight a couple of questions I want on just what you've been talking about it's
[01:47:07.520 --> 01:47:16.440]  fascinating and for someone who has you know no but math background and no science experience
[01:47:16.440 --> 01:47:24.400]  and stuff like that because they didn't teach much in my days at the country how does someone
[01:47:24.400 --> 01:47:32.520]  who's done a severely limited income well how will they be able to a recognize which
[01:47:32.520 --> 01:47:39.880]  are the right companies to going to to even make a halfway decent amount of return rather
[01:47:39.880 --> 01:47:46.800]  than lose it if you've got you know no money really to speculate but you understand that
[01:47:46.800 --> 01:47:54.280]  yes this is the wave of the future but there's so much out there how do you even grasp which
[01:47:54.280 --> 01:48:00.240]  is the correct way to go well it starts with some research and yeah you don't really need
[01:48:00.240 --> 01:48:06.960]  to any mathematical experience or knowledge just like you don't need you know a degree
[01:48:06.960 --> 01:48:15.200]  in finance to use a bank account it's all about the user friendliness of it and what
[01:48:15.200 --> 01:48:24.160]  I've found because the markets have ebbs and tides okay and there's been a big one the
[01:48:24.160 --> 01:48:33.280]  over the last year I mean Bitcoin went from $1500 last summer then to 2 to 3 to 4,000
[01:48:33.280 --> 01:48:42.800]  and then it exploded to $20,000 in December and then it crashed down to like 8 or 12 and
[01:48:42.800 --> 01:48:47.600]  then it went back up and then it went back down and now it's kind of been bouncing around
[01:48:47.600 --> 01:48:53.640]  it's kind of stabilized between the six and eight thousand dollar range I've been watching
[01:48:53.640 --> 01:48:59.240]  the markets and actually getting into trading and learning how to read charts and trying
[01:48:59.240 --> 01:49:05.000]  to not day trade on a minute by minute basis but to to learn how to how to trade and learn
[01:49:05.000 --> 01:49:10.600]  how to invest in recent researching into these companies and I think some of the best way
[01:49:10.600 --> 01:49:17.400]  to start is right now the we've been in a bear market for a long time several months
[01:49:17.400 --> 01:49:22.440]  like four or five months we've been in a bear market things are pretty much bottoming out
[01:49:22.440 --> 01:49:31.040]  of Bitcoin is not likely to drop below $6000 okay and so it's going to probably stay in
[01:49:31.040 --> 01:49:37.800]  this range for a while and then slowly start to go up again and then it may go down but
[01:49:37.800 --> 01:49:43.120]  I don't know when sees any kind of Bitcoin crash down to like two or three thousand dollars
[01:49:43.120 --> 01:49:50.320]  ever again it can't because it costs too much for the for the miners the people that process
[01:49:50.320 --> 01:49:55.680]  the transactions and electricity and equipment it costs you know four thousand five thousand
[01:49:55.680 --> 01:50:01.240]  dollars to produce one Bitcoin so it's never going to drop below that the the the the miners
[01:50:01.240 --> 01:50:06.560]  the people running the equipment are not going to allow it okay it just will not happen
[01:50:06.560 --> 01:50:12.840]  and so I would say just a little bit by little bit that you can afford to to put fiat into
[01:50:12.840 --> 01:50:19.480]  it on a monthly basis I would never like if somebody had like fifty thousand dollars
[01:50:19.480 --> 01:50:25.880]  of fiat or like an IRA account you can set up you can transfer IRA funds into cryptocurrency
[01:50:25.880 --> 01:50:34.960]  by the way there's crypto IRAs I would never just like dump many thousands of dollars into
[01:50:34.960 --> 01:50:40.040]  any one cryptocurrency or even many crypto even if you spread it out I would never do
[01:50:40.040 --> 01:50:45.360]  that all at the same time I would never do that all at the same time no matter how bearish
[01:50:45.360 --> 01:50:50.400]  the market looks because things go up and down you always want to do something called
[01:50:50.400 --> 01:50:55.720]  cost averaging and so even if you're looking to if someone's looking to invest like a hundred
[01:50:55.720 --> 01:50:59.040]  thousand dollars in Bitcoin I would not throw a hundred thousand dollars in the Bitcoin all
[01:50:59.040 --> 01:51:03.960]  at once because well number one you would move the price of the market that's such a huge
[01:51:03.960 --> 01:51:11.400]  amount you would you would end up pushing the price up okay you would move the world
[01:51:11.400 --> 01:51:15.760]  you know you would move the market so you don't want to do that I would buy little bits
[01:51:15.760 --> 01:51:20.360]  over to overtime over the over the few months and if it goes up so what if it goes down
[01:51:20.360 --> 01:51:26.240]  so what it's called dollar cost averaging with trading and I would look at some of the
[01:51:26.240 --> 01:51:35.400]  top the top cryptos like Ethereum Bitcoin are of course some of the two tops some people
[01:51:35.400 --> 01:51:40.440]  like ripple I don't like ripple for various reasons that we don't really have time to
[01:51:40.440 --> 01:51:48.560]  get into right now I I'm invested in Dash okay Dash is probably one of the most cutting
[01:51:48.560 --> 01:51:55.200]  edge cryptocurrencies that's actually designed to be a means of exchange and Bitcoin was
[01:51:55.200 --> 01:52:00.960]  too but it's kind of clunky in the way that it works Dash is very elegant and they have
[01:52:00.960 --> 01:52:05.720]  elastic block sizes and things like that and Dash some people have a little criticism of
[01:52:05.720 --> 01:52:10.920]  Dash because of the way their their masternode system works that they think it's kind of
[01:52:10.920 --> 01:52:17.000]  almost like a becomes like a centralized system you know but it's like it's for the people
[01:52:17.000 --> 01:52:23.400]  it's still decentralized and they are designing their currency to actually be a legitimate
[01:52:23.400 --> 01:52:31.080]  means of exchange worldwide in an easy way where like the the user interface of their
[01:52:31.080 --> 01:52:36.880]  wallets basically are so easy to use it's like easier than PayPal in fact they they
[01:52:36.880 --> 01:52:42.280]  are gunning up to compete with PayPal they want to they want to put PayPal out of business
[01:52:42.280 --> 01:52:49.960]  that Dash is a fantastic investment I'd say you know stick to some of the top if you go
[01:52:49.960 --> 01:52:57.160]  to coinmarketcap.com you can see like some of the most highly traded currencies a lot
[01:52:57.160 --> 01:53:02.360]  of investors they're not going to buy anything unless it's in the top 10 I mean thousands
[01:53:02.360 --> 01:53:08.000]  of them and so you want to go to coinmarketcap.com and see what are the most highly traded coins
[01:53:08.000 --> 01:53:16.600]  and I like Bitcoin I like Ethereum I like Dash those are my main three right now I also
[01:53:16.600 --> 01:53:21.520]  have some investment in Faktum which Faktum is not actually a means of exchange it's
[01:53:21.520 --> 01:53:29.120]  a token for interface with a business here in Austin but it has speculative value so
[01:53:29.120 --> 01:53:34.280]  anyways those are the top three and I would just say put a little bit at a time you know
[01:53:34.280 --> 01:53:41.000]  don't put it never back up the truck on one thing that's where to start and and and the
[01:53:41.000 --> 01:53:46.760]  whole point is it's supposed to be a means of exchange and so like people that just buy
[01:53:46.760 --> 01:53:52.200]  crypto and hoard it and sit on it for waiting for speculative value waiting for it to pop
[01:53:52.200 --> 01:53:58.800]  and sell it it's kind of defeating the purpose it's like you want to find vendors online
[01:53:58.800 --> 01:54:05.520]  that accept cryptocurrency and one of the biggest ones is overstock.com overstock.com
[01:54:05.520 --> 01:54:11.080]  accepts Bitcoin and they also have gotten set up with something called shape shift where
[01:54:11.080 --> 01:54:19.760]  shape shift is a wallet that has an internal exchange of like I don't know several dozen
[01:54:19.760 --> 01:54:25.720]  if not more different you know what's called altcoins alternative coins to Bitcoin different
[01:54:25.720 --> 01:54:30.920]  crypto currencies and so people that have other types of currencies they can use shape
[01:54:30.920 --> 01:54:40.200]  shift and and instead of having to go on to an exchange like Binance and and sell you
[01:54:40.200 --> 01:54:47.040]  know get you have to buy Bitcoin through a fiat exchange like Coinbase that's linked
[01:54:47.040 --> 01:54:51.760]  to your bank account then you buy Bitcoin or you buy a theorem you can only buy a few
[01:54:51.760 --> 01:54:55.840]  crypto currencies like with something like Coinbase and then if you want to buy other
[01:54:55.840 --> 01:55:02.160]  altcoins you have to move the Bitcoin to a crypto exchange that only exchanges crypto
[01:55:02.160 --> 01:55:07.760]  they don't deal with fiat at all of any nation any government and then you can use your Bitcoin
[01:55:07.760 --> 01:55:13.160]  to buy and sell other crypto currencies and that's where traders get in and you know trade
[01:55:13.160 --> 01:55:18.760]  and make profit and so with shape shift you don't have to bother with all that like if
[01:55:18.760 --> 01:55:23.320]  you wanted to buy something from overstock.com all you need is Bitcoin or if you had some
[01:55:23.320 --> 01:55:29.320]  of these other currencies then you can use shape shift and so like what I'm planning
[01:55:29.320 --> 01:55:35.560]  on doing hopefully someday maybe if Randy's if we get if Randy's business takes off and
[01:55:35.560 --> 01:55:40.240]  we can actually afford to you know not only make ends meet but get things you know kind
[01:55:40.240 --> 01:55:46.240]  of spiffed up around here you know it's like I need a new floor really bad I mean you know
[01:55:46.240 --> 01:55:51.760]  I don't spend money on things we needed a new roof so bad and thank God we got a hail
[01:55:51.760 --> 01:55:56.280]  storm and I was able to make a hail damage claim and so we got a new roof from the insurance
[01:55:56.280 --> 01:55:59.400]  company otherwise I didn't know how I was going to get a new roof literally but we need
[01:55:59.400 --> 01:56:05.920]  a new floor and it's tall torn up and so I want to buy some hardwood flooring from
[01:56:05.920 --> 01:56:11.560]  overstock.com with some of my cryptocurrency you know I don't really have enough right
[01:56:11.560 --> 01:56:16.400]  now you know it's a bear market but you know anyways the point is you just look for vendors
[01:56:16.400 --> 01:56:21.920]  online that accept cryptocurrency and so you don't necessarily buy it and hoard it and
[01:56:21.920 --> 01:56:28.920]  wait for it to pop you know the more you use it as an actual means of exchange the more
[01:56:28.920 --> 01:56:34.160]  value it's going to have like the one guy the famous story of the one guy who bought
[01:56:34.160 --> 01:56:40.800]  a pizza ten years ago for like ten thousand bitcoin and now he's probably like crying
[01:56:40.800 --> 01:56:46.880]  you know and wanting to jump off a cliff but the thing is if he hadn't done that and if
[01:56:46.880 --> 01:56:52.520]  other people hadn't done that nobody would know what bitcoin is okay and it wouldn't
[01:56:52.520 --> 01:56:59.160]  be where it is today I mean in the past several years I've taken bitcoin and Ethereum and
[01:56:59.160 --> 01:57:06.480]  other currencies a dash from some of my sponsors right but then I spent it I used it to pay
[01:57:06.480 --> 01:57:15.480]  bills and I'm thinking oh my god the sponsor gave me like a whole bitcoin for an ad that
[01:57:15.480 --> 01:57:20.320]  like really was like 250 dollars at the time I wish I hold on to that but you know it's
[01:57:20.320 --> 01:57:25.280]  like if I hadn't have used it if all of these people the early we're still in the early
[01:57:25.280 --> 01:57:29.960]  adoption phase okay even though it's like eight thousand dollars right now if the early
[01:57:29.960 --> 01:57:36.000]  adopters hadn't actually used it as a means of exchange it wouldn't be where it is and
[01:57:36.000 --> 01:57:39.720]  that's that's the whole point is to use it as a means of exchange so I would say get
[01:57:39.720 --> 01:57:45.880]  on Coinbase and just little bit by little bit you know fifty dollars here a hundred
[01:57:45.880 --> 01:57:52.800]  dollars here you know don't back up the truck watch the prices and if the price goes down
[01:57:52.800 --> 01:57:58.800]  after you buy some don't panic sell okay don't panic sell that's the worst thing people
[01:57:58.800 --> 01:58:04.880]  can do it's it's it's here to stay it's it's it's only gonna go up for the long run it
[01:58:04.880 --> 01:58:10.160]  may drop down to six thousand dollars at some point but it's not going any lower than that
[01:58:10.160 --> 01:58:14.440]  it's everyone is predicting that we're going back into a bull market this fall and winter
[01:58:14.440 --> 01:58:19.640]  and I think they're right plus the governments are getting more friendly towards it the US
[01:58:19.640 --> 01:58:24.440]  government everything so I hope that answers your question sorry we don't have time for
[01:58:24.440 --> 01:58:31.600]  more thank you for calling Tina thank you all right well Randy this has been a fantastic
[01:58:31.600 --> 01:58:39.520]  show talking about technology and how we can regain our freedom all right well this has
[01:58:39.520 --> 01:58:45.440]  been the rule of law Randy Kelton and Debra Stevens and we'll be back tomorrow night
[01:58:45.440 --> 01:58:53.040]  Friday night for Randy's four hour info marathon God bless Bibles for America is offering absolutely
[01:58:53.040 --> 01:58:58.880]  free a unique study Bible called the New Testament recovery version the New Testament recovery
[01:58:58.880 --> 01:59:04.480]  version has over nine thousand footnotes that explain what the Bible says verse by verse
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[01:59:21.480 --> 01:59:26.760]  is highly accurate and it comes with over thirteen thousand cross references plus charts
[01:59:26.760 --> 01:59:32.720]  and maps and an outline for every book of the Bible this is truly a Bible you can understand
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[01:59:41.040 --> 01:59:58.080]  or visit us online at bfa.org you're listening to the Logos Radio Network at LogosRadioNetwork.com