Unfiltered Union

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This is the Unfiltered Union.

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I'm Linz.

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And I'm Russ.

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Here is this week's episode.

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So, I had a revelation today.

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That's kind of an inappropriate start.

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Okay.

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Revelations.

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we'll get there no today uh a few weeks ago you mentioned having ice cream shower

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at shower ice cream yeah 100 as a way to cool off very very smart idea i'm gonna

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one-up you i doubt that's gonna happen but let me hear it iced coffee in the shower

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that sounds pretty good i was so excited it was so good

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So did you take a cold shower with iced coffee to cool off?

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Because, I mean, cold in Florida is, cold water in Florida is like 90 degrees.

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No.

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I'm one of those girls that takes hot showers.

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I can't help it.

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So you did lava.

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Right.

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I did lava, but I had my iced coffee.

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So it like counterbalanced.

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It's like driving around with the AC on and the windows down.

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Yeah, it's awesome.

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No, it isn't.

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Why?

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Because it's a waste.

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Someone said you're letting the bot air out.

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Yeah.

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Oh.

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Robo air?

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That makes sense.

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You good?

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No.

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I'm just not feeling it today.

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I can tell.

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Good grief.

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Well, I think it was a great idea to have iced coffee in the shower.

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It's a good idea, but it does not.

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You said you one-upped me, and I don't think that's a one-up.

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Oh, I 100% think it's a one-up.

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I don't like ice cream.

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Yeah, but that's your funk.

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What?

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Everybody likes iced coffee.

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If you're a millennial, you're drinking iced coffee.

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If you're a human, you're eating ice cream.

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That's not true.

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I prefer cookies.

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Cookies are the superior dessert.

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Okay, one person in the whole world.

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Okay.

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I'm sure lactose intolerant people agree with me.

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I bet you they still like ice cream.

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They just can't eat it.

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Fine.

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The whole point in today's podcast is not about shower ice cream or shower coffee.

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We're going to interview some fine people, but we're going to start first and talk about Bitcoin.

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Why Bitcoin?

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I don't know.

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So Bitcoin all started with a nine page white paper, right?

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Satoshi Nakamoto released a nine page white paper in 2009,

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I believe is what it was,

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and outlined a peer to peer cash digital cash system.

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The fact that you just said all that while staring off into the distance was.

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kind of impressive it's a passion of mine i yeah i hear you but the idea that

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bitcoin is based off a nine page white paper when it is this very complex theory

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yeah it's complex but it's also simple at the same time you can't you can't that's

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like saying the the rubik's cubes are complex but simple they're not well the the

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Bitcoin itself is simple as in... To me, understanding Bitcoin itself is not difficult.

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Understanding the capabilities of Bitcoin, that's where it starts getting complex.

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If you say so.

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I...

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That's why we are interviewing the people we are interviewing today.

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Well, it just blows my mind.

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Like a nine page white paper is what we are going to or what some people are basing

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all of their wealth off of.

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Right.

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That's crazy.

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Yeah.

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Well,

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it's not crazy like you're insane,

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but like that's that's a big concept shrunk down to nine pages and you're betting

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all of your wealth on it.

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Well,

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it's either that or you bet your wealth on a system that's been broken for a very

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long time,

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which is our standard financial system that's currently destroying families,

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lives,

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jobs,

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everything.

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Mic drop.

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Well, I mean, that's that's that's why I was interested in interviewing this this power couple.

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Yeah.

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That we're bringing on today.

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Well,

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first of all,

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when we talked about Bitcoin,

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just you and me way back then,

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you were trying to convince me into buying it.

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Yeah.

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Don't regret saying no.

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When was that?

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about 2010 ish was it yeah so after the white paper came out you had decided or you

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started researching and you found it and you were like oh we should get it and i

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was like that's fake yeah right well and plus back then it was a lot harder to buy

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it than it is now okay it was like there was a strange weird ways to go about it

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and back then it was kind of

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Doing online transactions,

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a lot of people were hesitant because of fraud and all that,

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which,

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look at us now.

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That's all we do.

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Right?

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DoorDash, here's my money.

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But I think the individuals,

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like you mentioned,

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that we are going to meet today,

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they produced a movie called God Bless Bitcoin.

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And these individuals, Brian and Kelly Estes,

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are going to be our interviewees today.

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They are.

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And just before we break down into this, I wanted to fact check myself.

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The Bitcoin white paper was released on October 31st in 2008.

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Dang.

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So not 2009.

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I was mistaken.

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How dare you?

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I'm human.

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Gosh.

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I eat ice cream in the shower.

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I have iced coffee in the shower.

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But Brian and Kelly Estes for the God Bless Bitcoin movie.

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Yes.

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We watched it.

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It was amazing.

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It has a really good production value for being almost like a documentary.

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I think that's kind of part of what has been missing for Bitcoin adoption was these

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types of movies and documentaries.

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I guess a lot of people don't take it seriously enough yet,

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but I think these types of films are going to bring more seriousness to the conversation.

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It's like people are spending money

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To promote Bitcoin now.

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Like a lot of money.

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This film was amazingly done.

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It had a lot of people in it.

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It had Mark Cuban in it.

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It had Tony Hawk in it.

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Talking about Bitcoin and why it can change the world.

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RFK Jr.

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was in it.

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You know who wasn't in it?

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Who?

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Was Elon in it?

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No.

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I'm surprised.

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I'm not.

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I don't know.

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He's kind of wishy.

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I'm not going to say he's wishy-washy on Bitcoin, but he pushes some shit coins.

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Yeah, he pushes that kind of stuff, which is he can do whatever he wants.

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Obviously.

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But I mean,

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overall,

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I think what I hope to get out of the interview today is to talk to them about what

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drove them to this.

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And then there's a lot of theming around religion.

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Yeah, I thought that was really cool.

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But it's not just one secular religion, right?

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They covered the big ones, right?

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Buddhism, Islam, Christianity, and Judaism, right?

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Yep.

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All of those all have a representative from that religious sect.

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And giving their point of view on Bitcoin.

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That's an interesting perspective.

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Yeah, they wove scripture into the scenes.

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And the scene changes.

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And then talked about how the scripture applies to Bitcoin.

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It was really good.

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It was really good.

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It surprised the heck out of me.

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Because I'm always used to watching these Bitcoin low-budget stuff.

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Shows and movies.

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But this one was...

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Beyond exceeded my expectations.

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Absolutely.

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It was very good.

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So I think overarching for the interview,

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like ask them,

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you know,

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what drove them to the film and the religious theme.

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What are your goals for the interview with,

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Well,

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my goals for the interview is to kind of show people that it's not just a fad or

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some pyramid scheme.

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It's not.

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I think we have a lot of normies listening to the podcast.

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And I'm one of them.

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Let's be clear.

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I don't know anything about this stuff.

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I'm learning.

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You are.

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But the gravity of Bitcoin to change the world is so big that I think more people need to know about it.

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Yeah, I think there is a there's almost like a stigma around it, right?

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Like drug dealers use it.

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Well, not even just that.

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It's like it's it's a cryptocurrency.

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Like it doesn't feel real.

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Right.

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And the barrier to entry to it,

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like there's a lot of aspects to it that right now I think people just see it and

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are like,

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no,

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no.

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But I can't wait to talk to both Brian and Kelly and really dive into how people

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can adopt it and what that landscape looks like.

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Yeah.

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You can't just print money out of thin air.

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The fact that you just said Bitcoin isn't real,

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but at the same breath you use the US dollar every day in your life cracks me up.

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Right.

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Because that's not real either.

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Right.

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That debt counter that they have in the government just keeps going.

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It just keeps going.

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They just try to print our money into oblivion.

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And the middle class is the class that gets hurt the most.

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This is going to be fun.

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Love you.

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Ryan and Kelly Estes.

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Hey there.

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Hey, good morning.

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Good morning.

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How are you?

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We are well.

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We are well.

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Hope you are too.

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Awesome.

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Oh, yeah.

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Absolutely.

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I'm super excited about this interview.

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Yes.

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We're going to dive right in here and start with opening up our questions for you,

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Brian and Kelly,

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all things pertaining to God bless Bitcoin and the movie that we actually recently

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watched and loved.

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Great production value.

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It was very well done, but we wanted to know what drove you to make this film.

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Yeah, I read a book four years ago called

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thank God for Bitcoin,

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which is about the Christian view of money,

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ethics and morality and how they intersect with Bitcoin.

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And I just got curious and I was like, what do the other religions say?

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And so I dove into,

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you know,

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what Judaism,

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you know,

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Islam,

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Buddhist,

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you know,

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Hinduism say about money and ethics.

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And and that's where the idea come from.

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And

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I was like, you know, I had this internal voice telling me I need to like tell the story.

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Like, what did I learn?

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And I've never written a book or made a movie or and I'm terrible at telling stories.

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And so I asked Kelly for help.

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I was like,

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hey,

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can you help me develop the story and we'll make a movie and just share it with everybody.

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So what the movie is,

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is what was in my head and my heart,

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you know,

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and we made it and we put it on film.

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So I have a master's degree in the teaching of writing,

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and I work all the time with students to help them get their story out.

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So he came to me to ask for help there.

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And why it was important to me is for the last almost,

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I guess,

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15 years of my life,

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I have been working with students who've grown up in generational poverty.

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And I understand that the lack of financial literacy in our education system has

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put everyone at a disadvantage,

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but especially those who are the wage earner.

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And so it was important to me to help get his story out to help educate people.

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Wow.

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That's awesome.

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That's powerful.

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Oh yeah.

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For sure.

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And that went, now we have a book to read.

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One thing after the other.

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So my favorite part of the film was how you did intertwine religion with Bitcoin.

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You don't really see that often.

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And what kind of drove you to do that,

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that aspect of it is an intertwining God and,

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you know,

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our monetary system.

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Well, the whole point of it was to examine money through a moral and ethical lens.

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And the base layer of morals and ethics are the world's religions and their sacred scriptures.

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That is where we as humans are taught morality and ethics.

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And so we brought in experts across the world's religions.

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So for Christianity, both Protestant and Catholic, Judaism, Islam, Buddhism, and Hinduism to break open

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their words to see how we are to use money as we interact with each other and to

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reward each other for our God-given talents.

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And that was how we brought the two together.

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Yeah, I learned so much in the aspects of the different religions and how they look at monetary value.

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That was eye-opening about how religions really look at the monetary system and how

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it was built throughout religion.

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Diluting your wine with water, I thought that was an amazing analogy.

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It's wild to think about how polluted our monetary system has gotten over time.

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Everybody everywhere is feeling the effects of inflation,

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but they don't understand what's really causing that.

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And what's causing it is the money printer.

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Every time a government prints more money and puts it in circulation,

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it dilutes our ability to purchase goods and services.

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So six years ago, if we'd had $1,000 in our savings account, today, we would only be able to

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purchased $520 worth of goods and services,

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because in the United States,

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we've printed 48% more dollars in the last six years.

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And so that's different for every country, depending on how much they're printing.

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But so the money that you earned six years ago,

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you know,

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you spent time and energy and your talent to earn that money.

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And now it only buys a lot of hands.

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of what it bought six years ago.

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And so that's not ethical.

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It's not moral to steal our time and our energy by doing that.

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And so Bitcoin stops that from happening.

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You can't print more Bitcoin.

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There's a finite supply.

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There's only 21 million Bitcoin.

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And so that's why it's a more ethical and moral form of money than this fiat system that we're on.

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And you have to remember the fiat system that we're on, it just started in 1971.

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Pre-1971, for the 3,000 years before that, we used gold and silver as money.

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And you can't print gold and silver.

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It requires proof of work.

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You have to go out and dig it out of the ground.

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And so when the governments got off the gold and silver standard in 1971,

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they even had the discipline to not print money.

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And that's what's causing the problems we see today.

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That debt tracker, right, just keeps going up.

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Yeah.

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It's terrifying.

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Well,

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sticking with the idea of religion and Bitcoin for just a moment,

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like a lot of people,

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I think,

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have apprehension when you start talking about a global currency because of in religion,

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there is the mark of the beast.

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Right.

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And some people say that a mark of the beast is going to take a form of monetary or

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could take a form of something on a person.

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Like there's different what I want to say, different.

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viewpoint on what that could be.

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And I've actually had some people say that, well, Bitcoin could be the mark of the beast.

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It's like,

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well,

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I feel like the way you guys answered that in the movie is clearly that this is a

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more ethical,

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more moral and aligns with our values rather than it being something that would

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align with the quote unquote mark of the beast.

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It's funny right now at our church,

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we are studying the book of Revelation and we just finished that portion about the

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mark of the beast.

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And so one thing that I think is very interesting is that when people talk about Bitcoin,

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they say it's the most perfect form of money humans have ever created.

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Right.

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And because it has 21 million,

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it allows for us to live in the abundance of being rewarded for the amount of work

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that we put in.

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And so it is a better form of money than what we have now.

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If we understand the mark of the beast, that number is 666.

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That is the number just shy of perfection.

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God is perfection.

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Seven is the number that is associated with completion.

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And it being perfect, the seventh day we rested, our God rested as we are to rest.

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And so if you think about it that way,

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the fact that the money,

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that Bitcoin is a better form of money than what we have,

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means that maybe it is closer to being a perfect form of money.

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Not saying that God blesses it, because in no way do I believe I am capable of understanding what God is.

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thinks or wants or has intended for us.

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I think the only thing we can do is look to his word.

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And if you look at Revelation, you will see that he says he will come like a thief in the night.

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The book of Revelation is not about signs that we are to interpret today.

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The book of Revelation is to remind us to be ever vigilant and to stay in his word,

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not to try to interpret signs of anything going on today in modern culture that

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applies to something that was talking about Roman culture.

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Wow.

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That I love what you just said there and not to analyze anything for today and just

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live in the now essentially,

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because I feel like a lot of society right now is scare tactics,

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but I digress on that topic.

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That was, that was awesome.

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I really appreciate your answer on that.

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That just brings so much perspective to, I think the world that we currently live in.

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And to go back to global money, you know, we use gold and silver as global money for 3000 years.

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Bitcoin's not the first global money.

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True.

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That's interesting.

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Bitcoin's basically a digital version of gold.

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It's better than gold because it's more portable than gold.

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It's more divisible than gold.

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It's easy to verify than gold.

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It's basically gold with wings on it.

(00:19:10):
right right well that's right yeah yeah i like the uh what you guys kind of put out

(00:19:19):
there in the movie how people fleeing oppressive regimes in their in their

(00:19:25):
countries memorize your 12 words and you've got portable family wealth that's

(00:19:31):
insane they can't take that from you can't take that from you like if you have a

(00:19:34):
gold bar in your pocket that's your

(00:19:37):
family's wealth they're obviously they're going to take that if you're fleeing some

(00:19:40):
kind of oppressive government it's i mean look what happened world war ii with the

(00:19:46):
jews you know they were you know kicked out of you know europe and you know they

(00:19:51):
had to leave all their possessions behind and they tried taking something with them

(00:19:55):
you know it was confiscated at the border exactly

(00:19:58):
So,

(00:19:59):
you know,

(00:19:59):
they were they were sewing gold into their clothes,

(00:20:02):
you know,

(00:20:02):
and this way you don't have to do that.

(00:20:04):
You just you memorize the 12 words and no one even knows you have your money in your head.

(00:20:09):
Right.

(00:20:10):
Now, the perspective you guys have given on Bitcoin, I mean, is amazing.

(00:20:14):
I think with the movie and everything that we've talked about so far,

(00:20:18):
like it really for someone who what do we call me,

(00:20:21):
a normie,

(00:20:22):
someone who.

(00:20:22):
who hasn't really grasped,

(00:20:25):
totally grasped the situation of Bitcoin,

(00:20:26):
but I am appreciating the perspective.

(00:20:29):
But I mean, what do you think would be like the steps needed to move the world into Bitcoin?

(00:20:35):
it's education only one percent of the world understands bitcoin today you know

(00:20:40):
about 50 of americans own bitcoin or have exposure to it so in america you know

(00:20:45):
we're you know we're halfway there um it's projected by 2029 so just in five more

(00:20:51):
years 90 of americans will own bitcoin um but like i said it's only one percent of

(00:20:56):
the world today so as the rest of the world

(00:21:00):
becomes educated on what this technology could do.

(00:21:03):
And all this is the software, all Bitcoin is the software and it's freedom technology.

(00:21:09):
And once people understand this technology and this freedom that the software enables,

(00:21:15):
know people will just opt into it just like we opted into gold and silver 3 000

(00:21:20):
years ago before we use gold and silver we we as humans use salt and stones and

(00:21:26):
wampum and beads as money and then gold was discovered and we were like oh this is

(00:21:32):
better money than than you know stones and shells and wampum and so we use gold and

(00:21:38):
silver for 3 000 years and as this fiat system is failing today

(00:21:44):
We will opt in to the next system.

(00:21:48):
And I don't think we're going back to gold because I think we're going into the

(00:21:53):
digital version of gold,

(00:21:54):
which is called Bitcoin.

(00:21:56):
And we'll just opt into it because it's the best form of money humans have ever created.

(00:22:02):
It's better than gold.

(00:22:04):
And we'll just opt into it naturally.

(00:22:07):
Well,

(00:22:07):
I think that kind of goes into our next question,

(00:22:10):
too,

(00:22:11):
because if we're saying that this is something that will naturally be opted into in

(00:22:14):
almost like the next phase of the monetary system,

(00:22:17):
then does that mean all other monetary systems would collapse?

(00:22:21):
Because I think that would be kind of like a scary scenario for people who are

(00:22:25):
looking at Bitcoin and saying,

(00:22:27):
OK,

(00:22:27):
so all the monetary systems,

(00:22:29):
if we go to Bitcoin,

(00:22:30):
does that mean these have to fail?

(00:22:32):
So collapse seems like a volatile word, right?

(00:22:37):
Collapse means like something that happens suddenly.

(00:22:42):
The monetary system is not going to collapse.

(00:22:45):
The monetary system will be, and we've already seen it, it's being debased.

(00:22:50):
Our money is being debased.

(00:22:52):
And here are some numbers to put that perspective.

(00:22:55):
Right now, there's $35 trillion of U.S.

(00:22:56):
debt.

(00:22:59):
We have what are called unfunded liabilities.

(00:23:02):
The present value of those is $120 trillion.

(00:23:05):
So these are future Social Security payments,

(00:23:08):
Medicare payments,

(00:23:09):
retirement payments to military,

(00:23:11):
all these future payments over the next 30 years.

(00:23:14):
If you add them up,

(00:23:16):
the present value is $120 trillion,

(00:23:19):
but really it's like $200 trillion of actual dollars.

(00:23:23):
So we have to print that money over the next 30 years.

(00:23:26):
We have to print $200 trillion.

(00:23:29):
And what that means is if more money gets printed,

(00:23:32):
then everything becomes more expensive because the dollars don't buy as much.

(00:23:39):
And so a car that costs $50,000 today in 30 years, it's going to be $500,000.

(00:23:48):
Home that costs $500,000 today will cost $5 million in 30 years.

(00:23:53):
And that's mathematical certainty because we have to print more money over the next

(00:24:00):
30 years to pay all these promises that we've made and we don't have the money for.

(00:24:07):
And that's not just housing and cars.

(00:24:10):
It's also food.

(00:24:11):
It's everything.

(00:24:13):
Yeah, necessities.

(00:24:14):
The things that you need to live.

(00:24:16):
Food, healthcare, college.

(00:24:19):
Exactly.

(00:24:20):
Yeah.

(00:24:21):
Right.

(00:24:22):
Heating.

(00:24:23):
Heating.

(00:24:25):
Just to survive.

(00:24:26):
And our work is the same.

(00:24:29):
That's what bothers me.

(00:24:30):
It's like, I still work just as hard as I did six years ago, but now it's worth less?

(00:24:37):
Now you have to work harder to be able to have the same purchasing power,

(00:24:41):
which is why you're seeing more and more people with either side hustles or taking

(00:24:45):
on two full-time jobs.

(00:24:48):
Right.

(00:24:49):
That's why we start the movie with the Brady Bunch.

(00:24:51):
So it wasn't like that back in 1971 when the Brady Bunch was around.

(00:24:55):
You had one spouse working, the other spouse staying at home raising the kids.

(00:25:00):
They had six kids, a dog, a maid, a horse, a boat.

(00:25:05):
And so you could do that back in 1971.

(00:25:09):
The reason we can't do that today,

(00:25:10):
the reason you have both parents working and they could barely afford one kid is

(00:25:17):
because our money's broken.

(00:25:19):
It's been diluted.

(00:25:20):
We're working just as hard and we're not getting the same benefit from that work.

(00:25:25):
And Bitcoin fixes that.

(00:25:28):
If you go and work and earn extra dollars and you store them in Bitcoin,

(00:25:34):
That Bitcoin can't be diluted like your dollars could be diluted.

(00:25:38):
So it keeps you up with inflation.

(00:25:40):
It's like a shield.

(00:25:42):
We put that shield in the movie.

(00:25:43):
You know,

(00:25:44):
it protects you against,

(00:25:46):
you know,

(00:25:46):
the long arm of inflation trying to grab your purchasing power.

(00:25:51):
Right, right, right.

(00:25:53):
I mean, you guys have given us a great perspective today.

(00:25:56):
I am opening my mind to the world of Bitcoin.

(00:26:00):
I mean, I think to kind of finish us off here, what do you hope that viewers gain from the movie?

(00:26:08):
I think I can be kind of an example of that, opening my mind to Bitcoin.

(00:26:12):
But ultimately, what do you hope your viewers gain from God Bless Bitcoin?

(00:26:17):
It's exactly what you just said.

(00:26:19):
We hope that people who maybe have been leery of Bitcoin or don't understand it at all are open.

(00:26:27):
Just open your mind.

(00:26:28):
I'm a teacher, so I believe knowledge is power.

(00:26:31):
And if you can just keep an open mind and then use this as a springboard,

(00:26:37):
To go educate yourself more so that you become more comfortable with this new form of money.

(00:26:42):
I would say our movie had done its job.

(00:26:45):
And by the way, a really great resource for learning more about Bitcoin is Hope.

(00:26:51):
dot com.

(00:26:52):
It has a space devoted entirely to education and it has podcasts.

(00:26:58):
It has links to classes you can take.

(00:27:01):
It has articles.

(00:27:02):
It has links to books you can study.

(00:27:04):
And so it's a really great place to go next in your Bitcoin journey.

(00:27:10):
Wow.

(00:27:11):
Awesome.

(00:27:11):
Well, we can't thank you enough for your time today.

(00:27:13):
We could talk to you guys for hours.

(00:27:14):
We really could.

(00:27:16):
So we hope to have you back.

(00:27:17):
Thanks for doing your homework.

(00:27:19):
Your questions were so insightful and we really appreciated your energy this morning.

(00:27:24):
It was a great way for us to start too.

(00:27:26):
Yeah, thank you.

(00:27:27):
We appreciate it.

(00:27:28):
Thank you so much.

(00:27:29):
Thank you guys so much.

(00:27:30):
Hope to talk to you again.

(00:27:32):
Take care.

(00:27:32):
Bye.

(00:27:33):
Thank you.

(00:27:33):
Bye-bye.

(00:27:36):
Thanks for listening to the Unfiltered Union.

(00:27:40):
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(00:27:44):
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(00:27:51):
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