Mere Mortals

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Best to think about death because in the end we're all just mere mortals.

In Episode #377 of 'Meanderings' Juan and I discuss: using stoic principles to prepare for death, all the time Juan has spent on health and fitness recently, abstract math required to self diagnose elbow problems, the CrossFit masters competition, bank bailouts and why it's nice to have an independent currency that can't be manipulated.

As always, we hope you enjoy. Mere Mortals out!

Timeline:
(0:00) - Your two favs 
(0:38) - Can you prepare for grief?
(5:50) - Nerdy engineer explains death
(7:09) - We're not immortal
(10:43) - Supplement frenzy
(14:24) - Workouts and pushjerk.com
(17:53) - The mystery of the tickling tendonitis
(20:24) - A new 10 year challenge
(24:19) - Australian financial markets
(29:31) - The manic depressive Mr. Market
(31:34) - Hyperinflation: coming to a country near you
(35:19) - V4V: Read the bitcoin whitepaper


Connect with Mere Mortals:
Website: https://www.meremortalspodcast.com/
Discord: https://discord.gg/jjfq9eGReU
Instagram: https://www.instagram.com/meremortalspodcast/
TikTok: https://www.tiktok.com/@meremortalspodcast

Support the show

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Yes. Oh, yes.
Welcome, everyone, to another

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mere mortals meandering session.
It’s your favourite

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two Mere mortals out in the park
with Kyrin here? Welcome.

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You got Juan.
Juan on the other side.

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You got Juan on Saturday.
25th of March. Yeah. Boy.

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So meandering
session is where we just take it

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a little bit easier.
It's probably

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a little bit more topic.
Also, some news

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perhaps that's been coming up.
Some fun things. Definitely

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on the Light-Hearted side.
So not going

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and not getting too deep
into one particular topic.

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Yeah. Ah, ah.
With with the lighter side of

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things, let's talk about grief.
So I just finished

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writing the book on grief
and grieving by Elizabeth

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Kubler-Ross and David Kessler
and one of the

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she she is the one who invented
the five stages

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of grief of death.
If you've heard of those before,

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assume denial, anger, bargaining,
depression, acceptance.

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That's the five.
A quick question for you.

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Do you think you can prepare
for grief so a loved one

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is going to die in the future,
assuming they die before you

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do you think you can prepare
for that? I think so, yeah.

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What would you do to do that?
You think. Uh, you could do?

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What is it?
A stoic style principle

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where you could essentially be
in the feeling of predicting?

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Well, this this this has nothing
to do with the book.

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There's just me asking you.
No, no, exactly.

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But this is like that.
That stoic mode of thinking

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when you wake up in the morning
of, hey, I'm imagining that

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all my family members
have been killed

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and then being grateful for that,
but almost

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be feeling that that feeling
of what it would be like. Mm hmm.

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Maybe in a
in a preparatory sense of,

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hey, this
is what it would be like.

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Oma have heard this before.
It's dealing doing

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the acceptance piece before that
action event happens.

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So there's is the bargaining,
there's denial, there's the anger

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and all of that.
The there's some I'm listening

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to something from an article
that I've read a couple

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where it talks
about finding acceptance first

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before it ever comes about.
So to give you an example, not

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that I'd like directly a person
that I know, but someone that's

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close to my partner died on site
through that process as well.

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It was sort of helping out
those individuals,

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kind of working
through that particular grief.

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Now I'm not connected to it
very directly.

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So for me, there wasn't so much
going through those stages.

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There was more authority
and acceptance very easily

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because I wasn't connected.
But it was helping though,

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you know, my partner and a mom
going through those stages of,

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yes, the denial, the bargaining,
not that it was a deep,

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deep denial of bargaining,
but you could see it.

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You can kind of experience
that's going through. Okay.

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I should just clarify here,
those stages, one,

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they are stuff that she made up.
There's no scientific

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or hard data to indicate that
this is actually what happens.

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And usually she was saying it's
not a prescriptive thing.

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It's not. You have to go through
all of this.

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One, two, three, one.
You go back and forth and all.

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And it's very unlikely that
it'll happen all within a day.

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I don't know exactly.
So what I'm saying is

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there's logical views
of like all those different ones

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as they are. Yeah,
you can understand that

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people would go
through some forms of it

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one way or another.
But ultimately, yes,

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it's the learning,
the acceptance aspect of it.

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I mean, I could imagine in
preparation for something like

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that would be, yeah, playing
through that,

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that's an area in your mind
and finding

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some sort of acceptance earlier
before it actually happens.

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And then when it goes through,
then,

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yeah, it's not the sort of thing
you can say zero,

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you can be completely
in acceptance.

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The I was actually listened
to a podcast by Michael Singer

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and he talks very deeply,
very spiritually,

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very Hindu mystic ways of how
you should just completely let

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it go, be really loving about,
you know, if someone

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is to pass away as well,
just as much as the other

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events that he was explaining.
And I feel like you can't go

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that far.
You can't prepare so ultimately

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that you're not going to feel it.
But the way that

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he was trying to explain it and
there's probably a better way

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to explain that I could think of
is that if you're master

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at controlling your emotions
and the like,

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you do feel the anger,
you do feel the sadness,

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you feel the depression.
But it's almost like

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writing on water.
It sort of just passes

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through as opposed to it
writing and really feeling.

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And you're just you're
almost just you're

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observing all of these emotions,
but allowing yourself

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to get to acceptance
quite quickly. So,

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I mean, those are only things
that pop into my mind.

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Yeah. For you. Yeah, I.
I don't think you can On

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the grief aspect for yourself,
reduce the amount of overall

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pain that you feel.
I don't think I don't think

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that's something
you can prepare for. As in

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if you meditated for 15 years
beforehand,

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before your mother died,
I'm not sure that you'll be able

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to feel less pain overall.
I do think you can prepare

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in the sense
of so many things in the book

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that were talking about would be
finances and how,

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you know, many stories of how,
you know, woman dies,

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how her husband dies.
Turns out her family had

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the loan on the house
or it was in

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part of a trust or something
like they come in,

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take all this stuff away
because they never actually

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liked her and thought her husband
was marrying down to

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her or something like that.
So, you know,

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financially protecting yourself
or having discussions

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about secrets, you know, secrets
that have been kept of,

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oh, my God, like this
person had an abortion

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when they were younger
and then it comes out

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or they died by suicide.
And so it's a bit taboo

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and things like that.
So, yeah, I think from it

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I was going, yeah,
maybe with the stoic stuff

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you can, as long as you're
just not in this complete

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other worldly
realm of princess type,

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you grow up with a princess
mentality or like the Buddha,

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where he didn't even know
of death or things like that.

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As long as they're not that
far out, I don't think you can

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you can limit the pain
that you'll feel.

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Look, I'll describe it
in the only way that I think

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as engineers can describe it.
Which yeah. Yeah, mathematical.

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And so what I would say
is that if you, if you want to go

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and look at what
a sine wave is, right,

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Sine wave up and down, up and
down, up and down or causeway.

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But what I want to look at,
I think that in generality,

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the amplitude of the wave of
what you feel in terms of grief

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is always going to be the same.
Okay?

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You're not going to change that.
But the actual length

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of the cycle, the frequency
of that wave can get shorter.

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I think you can shorten it.
So you always feel

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the same sort of amplitude
grief to whatever may happen,

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but you can modulate yourself
back down to a neutrality state

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quicker, as in
you can really feel it,

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but you can bring yourself down,
you can acknowledge it

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or get to that.
You know, if going back to

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the mean is acceptance,
you can get back there quicker

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way, maybe no preparation.
You're going to hit

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that amplitude,
but it's going to be a very low

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frequency, a longer wave.
So you going to feel

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that for a lot longer will be
at some of the different sites.

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So that's the. Explanation
generic to such an idea. So

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now that I it's interesting
that you brought up

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with with grief, obviously
having having that happened

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and it's not a family
but as a friend as well

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it also had me I was messaging
a couple of people as well

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and someone else actually
had messaged me from a week ago

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that one of the uncles
had passed away.

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I saying, Sorry, sorry to hear
that and talking through.

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And then I was sort of messaging
them, saying like, Yeah, yeah,

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it's interesting to see
just how how short life is.

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And there was another individual
who came up to me at the gym

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and he's there's not a plaque
I'm just saying

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is start up his own life
branding of clothes and stuff

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called Immortal physique.
He wanted to be on the podcast.

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I thought to him, Hey, I just
don't have the time right now.

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Literally
the opposite of mere mortals.

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Immortal immortal physique
in a fuck.

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However, I really like his logo
site is not a plug for him.

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If you want to check it out,
check his blog.

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I really like his look,
but he was also started

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getting into a bit
of a conversation

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and now he's a very energetic,
much more energetic to me.

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Like way more energetic,
really outgoing person.

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Could you be a good salesman?
I'm struggling

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to see this to this person.
He was a hyped up.

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He was hyped up and he wasn't.
It drains one. Yeah,

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and he was talking about it.
He talked to a friend from that

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he like beam for 30 years
and he was a pastor

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and he was telling me about
all the symbolism of the logo

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that he'd made up and all this.
And he started,

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I don't know how he manoeuvred
into this area, but about now you

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when you when you grow up
and you're a kid, you know, you

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you're forced or you,
I guess, made to believe

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that 60 years old, 80 years old,
that's when you'll die.

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And at six years
old, you're going to be

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this old person
and you got to be frail.

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And so when you get there,
you can be really frail. And no,

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that's completely wrong.
You know,

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you're going to be older
and you get to 100, 120.

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And I was listening to him
just go through all of this

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and he's energetic,
so he's going through a fast.

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Okay. I know part of this myself
because I ascribe to it.

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I go, yes, I get it like I do.
And I have a long life

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and a healthy life.
But there is something

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almost diabolical in the sense
that the more and more that you

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have to ascribe yourself. But no,
I don't have to live at 60.

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We can all live to 100
and then fuck.

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Dad passed away at 65
and it's like, Oh, wait a minute,

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but you could live 120.
I think that could also serve

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you negatively
to be viewing it as well in the

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in the mindset of all well,
we can all live a really long,

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healthy life
if we're smashing down the right

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supplements and minerals
because you know,

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you can't really predict
is going to happen to life.

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You don't know what pre
genetic disposition

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you might have a or event
that might happen in the world.

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So as much as you can
as he was stating, yes.

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I don't think that it helps
that much to say

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to people that hey, by 60
you're going to be frail

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and by 80
probably going to be dying.

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Maybe you could shift
the mindset around that,

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but also being total acceptance
that, you know,

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people might pass away
much quicker than that. You know,

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the two individuals
that I was talking about

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who passed away recently, the
I believe,

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both around 60 years old.
So, you know,

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they show that in the
later years of life, but they're

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not suddenly at the frameless
and they can't do the work.

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I think it's got to be a balance
between that. You're going to be

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you're going to be resonating
with the realities of life,

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that people can go at
a very quick juncture.

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We were in Mexico, folks.
I mean, we don't talk about this

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particular moment, but there was
I believe we're in a square

216
00:09:51,340 --> 00:09:54,594
playing Frisbee. We walked away,
kind of came back.

217
00:09:54,594 --> 00:09:56,470
I don't know how much it was.
Half an hour later.

218
00:09:56,470 --> 00:09:57,804
And then they sort of
blocked it off

219
00:09:57,804 --> 00:09:59,932
because there'd been
some gunshots around the area.

220
00:10:00,432 --> 00:10:03,977
So, again, you know,
it could have been in the

221
00:10:01,850 --> 00:10:05,520
wrong time around that space,
could have the wrong thing

222
00:10:04,352 --> 00:10:08,982
happen. And it's, you know,
it's not like we're we're here

223
00:10:06,688 --> 00:10:10,234
saying that all, you know,
we're eating terribly.

224
00:10:08,982 --> 00:10:12,278
That's why we die.
It's not just an unfortunate

225
00:10:10,234 --> 00:10:15,947
event. But again, you can't
you can't

226
00:10:13,946 --> 00:10:17,866
expect the absolute best,
but maybe you should be

227
00:10:15,947 --> 00:10:19,243
expecting the absolute worst.
So, yeah, about that.

228
00:10:19,243 --> 00:10:21,287
You talked about reality.
I think you are

229
00:10:21,287 --> 00:10:24,039
absolutely denying reality
if you think you have

230
00:10:24,414 --> 00:10:28,168
a good chance
of slipping to 100 or 120,

231
00:10:28,461 --> 00:10:32,255
the stats do not indicate.
That, you know, if important.

232
00:10:30,004 --> 00:10:35,051
If you think that you are
you are a definitely not

233
00:10:32,590 --> 00:10:37,970
an engineer.
An engineer, especially

234
00:10:35,967 --> 00:10:38,303
if you were lying to yourself.
Statistic.

235
00:10:38,303 --> 00:10:42,015
Well, especially if you one
think you can get to 250 and it.

236
00:10:42,057 --> 00:10:45,686
Is not the point.
I'm shaking around right now

237
00:10:42,642 --> 00:10:47,647
a little protein shaker
which has some red juice in it.

238
00:10:45,686 --> 00:10:50,607
Right. Some some red juice.
And I have upped the ante

239
00:10:47,647 --> 00:10:51,609
in the last couple of weeks.
I don't know what really

240
00:10:51,609 --> 00:10:54,903
triggered this on supplements
really heavily on supplements.

241
00:10:55,571 --> 00:10:58,573
You know,
I look back at one of 19 years

242
00:10:55,988 --> 00:11:01,660
old, 20 years old,
he was taking protein

243
00:10:58,573 --> 00:11:04,830
and he was taking his creatine
and he was having the vitamins

244
00:11:01,660 --> 00:11:06,749
and he was having his EPA
in the form of fish oil

245
00:11:04,871 --> 00:11:08,250
and all this.
And then it just deteriorated

246
00:11:06,749 --> 00:11:10,336
for a long time.
I think it because I moved away

247
00:11:08,250 --> 00:11:12,629
from the supplement industry.
I was just working in normal

248
00:11:10,336 --> 00:11:14,965
everyday live.
I was training, but it wasn't,

249
00:11:12,629 --> 00:11:16,549
you know, ridiculous training.
It was just what it was.

250
00:11:16,549 --> 00:11:20,471
And again, probably thinking more
so about longevity

251
00:11:18,635 --> 00:11:22,222
and health longevity
and it's probably the podcast

252
00:11:20,471 --> 00:11:23,307
I'm listening to.
Yeah, I'm blaming Peter

253
00:11:23,307 --> 00:11:26,434
to fuck that guy
for the amount of money

254
00:11:26,434 --> 00:11:28,312
that is making me
spend and Andrew Human.

255
00:11:28,312 --> 00:11:32,107
But really I think there's,
there's probably some aspects

256
00:11:32,107 --> 00:11:34,442
to some of these supplements
I do want to take for right

257
00:11:32,899 --> 00:11:36,486
reasons.
However, the is a comparison,

258
00:11:36,486 --> 00:11:39,155
he is probably where you'll start
seeing the maturity

259
00:11:37,446 --> 00:11:41,408
of some things.
When I was 19, 20, 21,

260
00:11:39,155 --> 00:11:44,285
working at a supplement shop,
I would be able to sell

261
00:11:42,243 --> 00:11:46,038
these products at someone
I was how to use boric acid.

262
00:11:46,038 --> 00:11:47,498
It's really good for you.
That's that's fine.

263
00:11:47,498 --> 00:11:49,500
But we're not. Where would I get
my knowledge from?

264
00:11:49,500 --> 00:11:52,503
Probably the back of the label.
A quick couple of Google Tea

265
00:11:51,168 --> 00:11:54,087
Nation
and a quick couple of Googles

266
00:11:52,503 --> 00:11:57,758
and if I like. Yes, this is
also what I started to do

267
00:11:54,672 --> 00:11:59,552
now is introduce supplements
and things back into my life

268
00:11:59,552 --> 00:12:03,596
or minerals or, as I say,
in fish oil by doing a pretty

269
00:12:04,597 --> 00:12:07,100
not super deep
dive, but a relatively good dive

270
00:12:07,100 --> 00:12:10,270
into journals into
what does it actually state.

271
00:12:10,270 --> 00:12:15,567
So I think what really
started me off with all of this

272
00:12:12,022 --> 00:12:17,278
was the principle of autophagy.
And when autophagy

273
00:12:17,278 --> 00:12:19,739
actually kicks in into the body
based on fasting and autophagy

274
00:12:19,739 --> 00:12:21,240
is just a replication
of your cells

275
00:12:21,240 --> 00:12:23,408
after a certain period of time
when you're in ketosis.

276
00:12:24,033 --> 00:12:26,120
And that led me
to some interesting

277
00:12:24,576 --> 00:12:27,413
discoveries of,
hey, a lot of people

278
00:12:26,120 --> 00:12:28,956
talk about it,
but what does the data

279
00:12:27,413 --> 00:12:30,166
actually say?
What the general type of say?

280
00:12:30,166 --> 00:12:32,293
And I not that
I've come to a conclusion on it,

281
00:12:32,293 --> 00:12:34,503
but it's not like
you can really find autophagy

282
00:12:34,503 --> 00:12:36,422
just like 8 hours
of the fasting night.

283
00:12:36,422 --> 00:12:39,633
It's like a long time of fasting
to get proper autophagy cells.

284
00:12:39,841 --> 00:12:41,427
Okay,
that's an interesting thing.

285
00:12:41,427 --> 00:12:44,471
Similarly, so at the moment
for people who can't tonight

286
00:12:45,096 --> 00:12:48,308
I'm having protein shakes, I'm
having some creatine, I'm having

287
00:12:48,308 --> 00:12:52,020
pre workouts, I'm having intro
workouts with, uh, like

288
00:12:52,270 --> 00:12:54,230
basically just simple sugars.
So I absorb it.

289
00:12:54,230 --> 00:13:01,447
I'm having a combination of
basically zinc and magnesium and

290
00:13:02,740 --> 00:13:05,033
what is it called this podcast
industry currently.

291
00:13:05,116 --> 00:13:10,789
And that's just a testosterone
enhancer slash comma supplement.

292
00:13:11,164 --> 00:13:13,333
But each one of those,
as opposed to what I would do

293
00:13:13,333 --> 00:13:17,797
when I was younger,
I'm really looking into

294
00:13:14,293 --> 00:13:20,799
the journal articles around now,
guided by people like Peter,

295
00:13:17,922 --> 00:13:23,134
Andrew and others where, hey,
we read this article here,

296
00:13:21,133 --> 00:13:25,929
the meta study.
Awesome to understand. Okay.

297
00:13:25,929 --> 00:13:28,057
Just because the label says
he had to have three grams

298
00:13:28,264 --> 00:13:30,100
should actually be having
three grams of it.

299
00:13:30,100 --> 00:13:33,394
You know, for my body weight.
Based on these statistics

300
00:13:31,184 --> 00:13:36,356
and based on the journals,
I should actually be doing 5.5

301
00:13:33,604 --> 00:13:38,859
or whatever. And maybe that's how
it kind of led me to fish oil.

302
00:13:38,859 --> 00:13:40,402
The general recommendation
in the back of the bottle

303
00:13:40,402 --> 00:13:43,072
is, you know,
don't have three tablets today.

304
00:13:43,072 --> 00:13:46,115
Four of you are heavy exerciser.
But I kind of go

305
00:13:44,697 --> 00:13:47,576
down to the weeds of, okay, well,
each one of the fish oil

306
00:13:47,576 --> 00:13:49,870
tablets has this much EPA
and this much mpx

307
00:13:49,870 --> 00:13:52,288
and there's 180 milligrams
and I want about 100 milligrams.

308
00:13:52,288 --> 00:13:53,916
I've got to have it
this many times.

309
00:13:53,916 --> 00:13:56,876
So there's there's more,
there's more control,

310
00:13:56,876 --> 00:13:59,046
there's more reasoning
behind it, as opposed to just

311
00:13:59,379 --> 00:14:02,841
pissing in the wind money
and just being like, Oh,

312
00:14:00,673 --> 00:14:05,052
I just hope it kind of works.
Which also in the same time

313
00:14:03,216 --> 00:14:08,138
has helped me
want to take it in a regularity

314
00:14:05,052 --> 00:14:10,474
in caters because like I okay,
there's a reason I'm taking it

315
00:14:08,264 --> 00:14:11,350
off kind of researched it.
Awesome.

316
00:14:11,350 --> 00:14:15,520
This makes a bit more sense now.
Again,

317
00:14:13,519 --> 00:14:17,313
bringing it back to longevity.
Baby. Man, you got too much time

318
00:14:15,520 --> 00:14:18,857
on your hands.
You want some facts?

319
00:14:17,313 --> 00:14:19,692
Too much time.
I won't even talk about,

320
00:14:19,692 --> 00:14:20,775
you know, running
in other business

321
00:14:20,775 --> 00:14:23,821
like men to us, I might be able
to think of this. In fact,

322
00:14:23,821 --> 00:14:26,407
my preparing for workouts
at the moment,

323
00:14:26,615 --> 00:14:28,868
I'll sometimes spend half an
hour preparing for workouts

324
00:14:29,909 --> 00:14:31,912
was, as you
like, planning the workout, like,

325
00:14:31,912 --> 00:14:34,081
I'll do this at the beginning
and then I'll do this

326
00:14:32,830 --> 00:14:34,831
and do this training.
I'll do that training.

327
00:14:34,831 --> 00:14:37,125
Okay. It's my training
at the moment changes.

328
00:14:37,125 --> 00:14:38,836
I'll get into my training
at the moment, changes.

329
00:14:38,836 --> 00:14:40,754
Am I keep it. Close
Almost every day now.

330
00:14:40,754 --> 00:14:46,594
Almost every day.
So what I'm going to find myself

331
00:14:41,379 --> 00:14:48,971
is I'm doing the usual
bodybuilding

332
00:14:47,135 --> 00:14:51,514
type splits in there,
but I'm bringing a little bit

333
00:14:48,971 --> 00:14:53,267
more of the CrossFit style
workouts,

334
00:14:51,514 --> 00:14:55,269
hit workouts back and again
I just find them fun, but

335
00:14:53,267 --> 00:14:57,104
I'm able to do them on my own.
So doing them on my own,

336
00:14:57,104 --> 00:14:59,273
there's a
I'll give this a shout out to

337
00:14:59,273 --> 00:15:00,816
I don't know who
runs this website.

338
00:15:00,816 --> 00:15:02,860
It doesn't say the name.
You can send the money.

339
00:15:02,860 --> 00:15:05,195
I probably will push
jerk dot com.

340
00:15:05,946 --> 00:15:08,782
Whoever keeps our website up,
they've been keeping it up for

341
00:15:09,490 --> 00:15:13,453
seven years or something
and they put up work out

342
00:15:10,868 --> 00:15:18,042
almost every day.
And it's a very, very well

343
00:15:13,662 --> 00:15:19,460
planned CrossFit type workout.
Okay, awesome. Like big shot.

344
00:15:19,460 --> 00:15:22,211
I'd go check it out,
go give the money

345
00:15:20,836 --> 00:15:24,255
if you going to follow them,
but really, really informative.

346
00:15:24,255 --> 00:15:26,591
I can give you a comparison in
so I need to look at

347
00:15:26,799 --> 00:15:30,678
do I pay for some workout plans
and the likes of WPI,

348
00:15:30,678 --> 00:15:35,683
which is not fighters.
How work pays off or ticket

349
00:15:31,721 --> 00:15:38,437
to me is insane or is proven
a competing one

350
00:15:36,434 --> 00:15:39,355
and I had a look at their trials
and what they presented

351
00:15:39,355 --> 00:15:42,816
and this website basically
is relatively the same for free.

352
00:15:42,816 --> 00:15:45,985
Now it doesn't have
a community thing

353
00:15:43,484 --> 00:15:48,864
and you don't put a
particular site,

354
00:15:46,695 --> 00:15:51,325
although you can comment
how many lifts you did or what

355
00:15:48,864 --> 00:15:52,743
the minutes off site.
You can kind of partake

356
00:15:51,325 --> 00:15:54,953
in a community,
but it's not really for that

357
00:15:52,743 --> 00:15:57,498
for me or man,
whoever's keeping this up

358
00:15:54,995 --> 00:16:00,668
fricking amazing. Hmm.
So before anyone out

359
00:15:58,039 --> 00:16:02,043
there are thinking, you know,
I want to try some

360
00:16:02,043 --> 00:16:04,629
hit high intensity training
or some sort of crusty workout,

361
00:16:05,254 --> 00:16:07,173
I would actually say
hold on to your hats.

362
00:16:07,173 --> 00:16:09,259
Don't pay the money to see yet
on those big programs.

363
00:16:09,677 --> 00:16:13,221
Go and have a look
at push account, because for me,

364
00:16:11,052 --> 00:16:14,932
that has been really invaluable.
I'm using it almost daily,

365
00:16:14,932 --> 00:16:17,058
but when I say
in terms of preparation,

366
00:16:17,058 --> 00:16:20,144
so, you know, I have a
my normal plan already of what

367
00:16:18,184 --> 00:16:22,063
I want to do on a day,
let's say on a Wednesday,

368
00:16:20,144 --> 00:16:23,982
I want to do legs.
And so it includes this,

369
00:16:22,063 --> 00:16:26,025
this, this, this, this.
I'll have a look

370
00:16:23,982 --> 00:16:27,653
at the push check program
and then I'll kind of cherry

371
00:16:26,025 --> 00:16:28,988
pick.
Okay, I want to do this section.

372
00:16:28,988 --> 00:16:31,322
I'll do that AB section.
Then I'll do my section,

373
00:16:31,322 --> 00:16:32,783
I'll do the cottage
section, I'll do this.

374
00:16:32,783 --> 00:16:35,076
And so that's why
I've been saying to you off of a

375
00:16:35,451 --> 00:16:38,121
that my work,
I decided to go from 50 minutes

376
00:16:38,121 --> 00:16:41,750
with 5 minutes to 8090 minutes
sessions and been really fun.

377
00:16:41,750 --> 00:16:45,336
Like really, really well.
I should be man. Size because

378
00:16:43,836 --> 00:16:47,214
I've been really good.
So that combined

379
00:16:45,336 --> 00:16:49,383
with the new supplements,
has been a really enjoyable

380
00:16:47,214 --> 00:16:50,259
I the baby come.
Yeah I just wonder

381
00:16:50,259 --> 00:16:53,011
how much of this
is going to stick, you know is it

382
00:16:53,011 --> 00:16:54,096
are you putting
in all this effort

383
00:16:54,096 --> 00:16:59,225
now so you'll have something
that you can just follow

384
00:16:56,139 --> 00:17:00,144
when the baby comes or is this.
Yeah.

385
00:17:00,351 --> 00:17:06,107
There could be various passes.
But I think the reason one

386
00:17:02,145 --> 00:17:08,693
is that I'm going
I'm going to go as him as I can

387
00:17:06,442 --> 00:17:11,654
until I can't anymore, basically.
And then I'll settle

388
00:17:09,944 --> 00:17:13,406
into a different routine.
There's one aspect.

389
00:17:13,406 --> 00:17:16,117
Of that you have to do. Is really
just try and get as fit

390
00:17:16,117 --> 00:17:18,996
as possible before baby comes.
You know, the fitter you can be,

391
00:17:18,996 --> 00:17:20,455
the better it's going to be
When I take quite

392
00:17:20,455 --> 00:17:24,084
a bit of time off to return.
I don't want to be almost like

393
00:17:21,498 --> 00:17:25,544
tapering away to then
do no training.

394
00:17:25,544 --> 00:17:28,963
It's not a resembles.
When coach came around,

395
00:17:26,377 --> 00:17:31,383
I was training ish,
but I kind of stopped altogether

396
00:17:29,256 --> 00:17:33,384
and then I was doing a little
bit of running and push ups,

397
00:17:31,383 --> 00:17:36,512
but I wasn't that much
and that was annoying

398
00:17:33,634 --> 00:17:38,891
to get back to my
my usual routine

399
00:17:36,555 --> 00:17:41,226
and levels of training.
So, you know,

400
00:17:38,891 --> 00:17:43,686
I'm always in the mindset of
go as hard as possible

401
00:17:41,434 --> 00:17:45,105
to get as fit as possible
until the point

402
00:17:43,686 --> 00:17:46,981
that I'm going to recognise
I can't do that

403
00:17:45,105 --> 00:17:49,317
for a very long time.
And then it'll just sort of

404
00:17:46,981 --> 00:17:50,527
shift from the depths upside.
Interesting.

405
00:17:50,568 --> 00:17:54,615
Yeah. Okay. There you go. Mine.
I've had to become a detective.

406
00:17:54,615 --> 00:17:56,115
I wish I had one of those
Sherlock Holmes house.

407
00:17:56,115 --> 00:18:00,578
Oh. CHUCKLING Yeah.
The the mystery

408
00:18:00,578 --> 00:18:04,540
of the tickling tendinitis
or the elusive elbow.

409
00:18:04,540 --> 00:18:07,627
Mine's just starting to get
a little bit better.

410
00:18:07,627 --> 00:18:11,589
My, my forearm problems
that I had. Yeah. You know,

411
00:18:10,088 --> 00:18:14,468
time to talk about his problems.
Mine hasn't been that long,

412
00:18:11,589 --> 00:18:17,304
but no, for the last two months.
And definitely snatching

413
00:18:14,468 --> 00:18:20,641
was really fucking it up.
But for whatever reason, just

414
00:18:17,679 --> 00:18:22,183
one being can continue to train.
It's now slowly

415
00:18:20,641 --> 00:18:23,894
kind of going away
and I've gone like thank God,

416
00:18:22,183 --> 00:18:26,105
thank God. Sighs Yeah,
but how is your detective if.

417
00:18:26,105 --> 00:18:29,066
You happened to,
you know, the most abstract

418
00:18:29,566 --> 00:18:32,819
art and not art, mathematics,
you know, whether

419
00:18:32,861 --> 00:18:39,117
talking about the doughnuts or.
As tourist. Shapes and seven

420
00:18:35,655 --> 00:18:41,286
dimensions, man, they wish
they had the level of abstraction

421
00:18:41,286 --> 00:18:43,579
that you need to figure out
what's going on with this elbow

422
00:18:44,163 --> 00:18:48,335
so of fuck matters.
It's just trying to figure out

423
00:18:45,164 --> 00:18:50,295
exactly what it is
that's pinging it

424
00:18:48,335 --> 00:18:53,382
or which of these three
or seven or 20 different

425
00:18:50,295 --> 00:18:54,674
combinations of factors is
is is hurting.

426
00:18:54,674 --> 00:19:00,012
It is it's been annoying.
Annoying to say the least.

427
00:19:00,012 --> 00:19:02,974
I think. Yeah I think I've go
I think I've got to get down to

428
00:19:03,642 --> 00:19:07,061
one arm work was was probably
too much volume too quickly

429
00:19:07,104 --> 00:19:11,066
need a built into it
a little bit more and so so

430
00:19:11,066 --> 00:19:14,318
lean off of that for a bit
and funnily enough it's

431
00:19:14,318 --> 00:19:16,488
now just getting to the point
where okay,

432
00:19:16,488 --> 00:19:18,615
I think I just need to get
some blood flow into it

433
00:19:18,615 --> 00:19:23,036
and this could just be
one of those little niggling

434
00:19:20,200 --> 00:19:26,498
injuries that maybe stays around
forever, much like

435
00:19:23,036 --> 00:19:28,125
when I tell you about my finger,
it's fine now.

436
00:19:28,125 --> 00:19:31,086
There's no limitations
or anything, except

437
00:19:31,836 --> 00:19:38,801
I can crack my right index
index ring figure my my

438
00:19:35,048 --> 00:19:40,429
right ring finger on my left.
I can't do that.

439
00:19:40,429 --> 00:19:45,183
And it feels as if I would
hurt it by by clicking to do so.

440
00:19:45,517 --> 00:19:48,979
Yeah, no real limitation.
I'm sort of thinking

441
00:19:48,979 --> 00:19:51,105
the same thing
might come out from the elbow.

442
00:19:51,105 --> 00:19:55,652
Slight little pain.
As long as I just warm it up

443
00:19:52,148 --> 00:19:57,863
beforehand, it'll be good.
And then sometimes I wake up

444
00:19:55,652 --> 00:19:59,698
and it's just totally fine. So.
Yeah. Yeah, it's. It's fine.

445
00:19:59,698 --> 00:20:03,367
Anyway, I'm going to become.
A planche Lord, and then I will

446
00:20:00,490 --> 00:20:05,412
become a one hand one.
I'm hands down. King. Yeah,

447
00:20:03,367 --> 00:20:06,788
that's, that's. That's.
The plan. Yeah.

448
00:20:06,788 --> 00:20:09,374
The punch is isn't hurting it
at all at the moment.

449
00:20:09,374 --> 00:20:13,753
Well has his eye.
Unfortunately being six foot

450
00:20:11,210 --> 00:20:14,546
one is not helping.
Doesn't help that.

451
00:20:14,546 --> 00:20:18,549
Well he's a he's a mere mortals
first. Haven't

452
00:20:17,382 --> 00:20:20,134
actually talked about this
anyway not even yet to car.

453
00:20:20,134 --> 00:20:24,263
No. Any friends
but what's been on my mind

454
00:20:20,885 --> 00:20:26,767
the last couple of days of
how do you like a

455
00:20:24,472 --> 00:20:28,727
like a new challenge or not.
Not so much

456
00:20:26,767 --> 00:20:30,979
a new it's very immediate. Yeah.
But one that will three babies.

457
00:20:31,480 --> 00:20:34,148
Yeah. One that will map
to sort of the future

458
00:20:34,148 --> 00:20:37,027
of some of my imminent human
being plans. Yeah.

459
00:20:37,027 --> 00:20:39,363
I started toying with the idea
once again of,

460
00:20:39,904 --> 00:20:42,699
okay, well, what if I did
a powerlifting comp.

461
00:20:42,699 --> 00:20:47,162
Not not in the immediate future.
I'm thinking when I'm 32,

462
00:20:44,617 --> 00:20:49,080
32, 33, 34. Yeah. So you've done
bodybuilding comp.

463
00:20:49,080 --> 00:20:51,165
Bodybuilding comp
and not a powerlifting comp.

464
00:20:51,165 --> 00:20:55,378
So maybe maybe a powerlifting,
but not now, but later, right?

465
00:20:55,921 --> 00:21:01,509
Not really. No. I don't want to
that sort of thinking maybe,

466
00:20:59,590 --> 00:21:03,679
maybe not as I was considering
maybe a triathlon,

467
00:21:01,509 --> 00:21:06,722
you know, maybe an ultra. Yeah.
Quite a few people

468
00:21:04,554 --> 00:21:08,307
saying that nowadays. So.
But it didn't tickle my fancy.

469
00:21:08,307 --> 00:21:10,477
You didn't take them off
fancy You.

470
00:21:10,477 --> 00:21:14,897
And then I thought, okay, what?
What not Why not do something

471
00:21:13,063 --> 00:21:17,108
where I consider it
for a really long time anyway, So

472
00:21:17,108 --> 00:21:19,443
it's almost
seems kind of conceivable,

473
00:21:19,443 --> 00:21:21,445
even though
it might not be the case.

474
00:21:21,445 --> 00:21:24,031
And it kind of again
got me thinking weirdly enough,

475
00:21:24,031 --> 00:21:26,785
back into CrossFit,
I went, Mm, I wonder if.

476
00:21:27,076 --> 00:21:32,290
I wonder if I could aim to.
I won't be so audacious as

477
00:21:28,912 --> 00:21:35,335
to say to make it to the games
I make to the games,

478
00:21:32,499 --> 00:21:38,297
but to make it to like a sort of
semi-finals level

479
00:21:35,335 --> 00:21:39,463
when I'm 40 years old, as in.
The CrossFit of.

480
00:21:39,463 --> 00:21:42,718
CrossFit, as in they have like
masses levels 35 to 39.

481
00:21:42,718 --> 00:21:47,263
Okay, 40 to 44, 45 to 49, 5254.
That sort of like sequential.

482
00:21:48,432 --> 00:21:51,852
And I went,
yeah, that might be like a kind

483
00:21:49,266 --> 00:21:53,561
of a cool target to target.
Not, not it's like a year or two,

484
00:21:53,561 --> 00:21:57,606
it's like ten years
or as in there's plenty of time

485
00:21:54,313 --> 00:22:01,694
for me to just build it up.
It kind of goes towards what

486
00:21:57,606 --> 00:22:04,280
I want to eventually try to do.
As in,

487
00:22:01,694 --> 00:22:07,909
I think if push comes to shove,
you know, just off of my mind,

488
00:22:04,698 --> 00:22:11,704
I'd say I want to be incredibly
VO2 max healthy,

489
00:22:08,910 --> 00:22:13,248
top of style by 50. I really am.
Probably.

490
00:22:13,248 --> 00:22:14,790
I'm happy with my strength
to remain

491
00:22:14,790 --> 00:22:17,794
at exactly the same pace
as it is, and that's fine.

492
00:22:18,086 --> 00:22:21,631
But I want to become a lot
fitter, a lot of say,

493
00:22:21,631 --> 00:22:25,551
a lot of cardiovascular fit,
more preparedness, I guess

494
00:22:25,551 --> 00:22:29,138
I'll just say preparedness
to be able to do quite

495
00:22:27,554 --> 00:22:31,016
a lot of different movements
then I when you don't want

496
00:22:29,138 --> 00:22:34,728
probably targeting
something like that, ability

497
00:22:31,016 --> 00:22:37,897
to be at that level at that age
puts me in the same path of

498
00:22:35,644 --> 00:22:40,525
what I'd be doing now. Okay, It's
probably going to be

499
00:22:40,525 --> 00:22:44,945
the same type of workouts
that I'm doing now, but gives me

500
00:22:42,568 --> 00:22:47,031
some renewed focus off,
Oh yeah, that's the reason

501
00:22:44,945 --> 00:22:50,201
I want to keep on going.
There's a reason to keep on

502
00:22:47,031 --> 00:22:52,371
going beyond just the Hey,
it's fun

503
00:22:50,368 --> 00:22:55,539
and whatever else. And I think,
I don't know,

504
00:22:53,413 --> 00:23:00,170
obviously maybe hasn't come yet,
but when the baby do does come,

505
00:22:55,790 --> 00:23:00,921
the there's I do
believe is going to have to be

506
00:23:00,921 --> 00:23:03,673
something else
just beyond my Shia discipline

507
00:23:03,673 --> 00:23:05,133
and wanting
to get back to the gym.

508
00:23:05,133 --> 00:23:08,804
That'll kind of
get my arse into the process of,

509
00:23:06,093 --> 00:23:11,347
yes, I do want to spend
the X amount of time

510
00:23:09,096 --> 00:23:12,516
doing this amount of fitness
for another reason

511
00:23:12,516 --> 00:23:15,644
and just purely saying
just to be fit, you know,

512
00:23:16,936 --> 00:23:22,526
I just don't see it now.
But I'll, I'll try to look at it

513
00:23:18,855 --> 00:23:24,027
from another point of view
and I go, yeah,

514
00:23:22,901 --> 00:23:25,153
I could, I could see myself
getting slightly lazy

515
00:23:25,153 --> 00:23:28,990
and not wanting to do it as much,
just purely because there's

516
00:23:26,488 --> 00:23:30,282
more of a focus in the family.
And not to say

517
00:23:29,115 --> 00:23:32,911
that's a bad thing. I think that
to say I would like to have

518
00:23:33,953 --> 00:23:36,873
both focuses
in their own gradual ways.

519
00:23:36,873 --> 00:23:38,875
And so as well as like
a five year

520
00:23:38,916 --> 00:23:41,001
plan in like two years,
not no way.

521
00:23:41,044 --> 00:23:43,380
This is it just seems too close,
but really far away.

522
00:23:43,380 --> 00:23:46,842
And that sort of amount of time
I got, yeah, that gives me

523
00:23:47,049 --> 00:23:51,471
some sort of focus in a long term
way that seems healthy,

524
00:23:48,426 --> 00:23:52,513
at least to me at the moment.
Just go. For it.

525
00:23:52,513 --> 00:23:55,182
I there you go, folks.
I'm putting it out there

526
00:23:53,557 --> 00:23:56,768
for people
who want to be training

527
00:23:55,182 --> 00:23:58,561
in ten years time. What's your.
Decade early goal.

528
00:23:58,561 --> 00:24:03,232
Is that it's our next.
Next type of episode

529
00:24:00,855 --> 00:24:06,611
being released.
Know James James Play

530
00:24:03,692 --> 00:24:07,612
talks about getting 1% better
every day.

531
00:24:07,612 --> 00:24:10,281
Yeah, I'm getting 1% better
every ten years.

532
00:24:10,449 --> 00:24:12,284
Watch out. Nice. Watch out,
watch out.

533
00:24:12,284 --> 00:24:14,201
When you're like 100 years.
I'll be. Exactly.

534
00:24:14,201 --> 00:24:15,871
When you're living to 200,
it doesn't matter.

535
00:24:15,871 --> 00:24:18,457
You're into whatever. Your life
all of you live. All of you.

536
00:24:19,499 --> 00:24:22,544
So the last topical thing I
wanted to bring up

537
00:24:20,709 --> 00:24:23,795
was the bank runs.
They've been hacked. Yes.

538
00:24:23,795 --> 00:24:31,094
So I once again,
it's not my forte

539
00:24:26,673 --> 00:24:34,847
in particular of this topic,
but I have I listen

540
00:24:31,094 --> 00:24:38,477
to a fair few Bitcoin podcasts
and that's kind of been

541
00:24:34,847 --> 00:24:40,644
the topic du jour of of what the
what does that

542
00:24:38,477 --> 00:24:42,689
mean, French topic du jour?
Did you know what?

543
00:24:40,644 --> 00:24:45,733
I know what it means.
Oh, it's like the race of

544
00:24:42,689 --> 00:24:47,152
the day of the day that you are.
There you go. Jesus.

545
00:24:47,152 --> 00:24:51,490
So I've been watching it
and you know it's mostly

546
00:24:51,990 --> 00:24:54,701
uncertainty and doubt. It's like
the banks are going to fail.

547
00:24:54,701 --> 00:24:56,702
What are they going to do?
They going to print more money,

548
00:24:56,702 --> 00:24:59,079
They're going to keep tightening.
They're going to do

549
00:24:57,746 --> 00:25:00,915
well. That's going to do a that
you follow the

550
00:25:00,915 --> 00:25:05,127
Australian financial stuff
a bit, don't you?

551
00:25:05,211 --> 00:25:10,049
You know, relatively untouched.
What is there any any

552
00:25:06,671 --> 00:25:12,344
uncertainty about creeping in?
Any of our banks

553
00:25:10,759 --> 00:25:15,055
are going to fail one.
Well, not that

554
00:25:12,344 --> 00:25:16,556
that has been much of a place.
However,

555
00:25:15,055 --> 00:25:19,267
I do know that the banks,
the Australian banks now

556
00:25:16,556 --> 00:25:21,060
have to report some even daily
around their crypto

557
00:25:19,601 --> 00:25:23,020
on their assets.
So it's. Obvious. Yeah.

558
00:25:23,020 --> 00:25:25,898
So I was looking Credit Suisse
I think was the

559
00:25:26,398 --> 00:25:31,238
48th biggest bank in the world,
and Commonwealth

560
00:25:28,777 --> 00:25:33,448
Bank is just under that,
which is our biggest bank here

561
00:25:31,238 --> 00:25:36,910
in Australia.
Okay, so another little tie

562
00:25:33,448 --> 00:25:38,702
in there in terms of scale
of where Australia is that

563
00:25:36,910 --> 00:25:40,788
we're a minnow.
We're talking to a few people,

564
00:25:40,788 --> 00:25:42,999
there is differentiations
are around how

565
00:25:43,165 --> 00:25:49,798
maybe the Australian regulators
have allowed some of our baseline

566
00:25:48,087 --> 00:25:52,717
or the assets that are held
within to be able

567
00:25:49,798 --> 00:25:56,054
to not have bank runs in essence
right in the US or some obviously

568
00:25:56,054 --> 00:25:58,056
that they had backgrounds,
that they just

569
00:25:58,056 --> 00:26:00,642
printed money basically on
whatever they loaned the money,

570
00:26:00,642 --> 00:26:02,894
which is just printing the money
to support them.

571
00:26:02,894 --> 00:26:04,813
I don't doubt that
if that was happened

572
00:26:04,813 --> 00:26:06,314
in Australia that that would be
a similar thing.

573
00:26:06,314 --> 00:26:08,857
They would just support them
to not fail out.

574
00:26:08,857 --> 00:26:11,443
But again, it's printing money
and that devalues the currency

575
00:26:11,443 --> 00:26:13,779
and that's probably why you see
a lot of people moving away

576
00:26:13,779 --> 00:26:15,824
into that sort of surge
that we saw into Bitcoin.

577
00:26:16,324 --> 00:26:19,326
The one main call out and
this is a big shout out to Jeff.

578
00:26:19,827 --> 00:26:23,414
Jeff, you had him on the podcast,
interviewed him

579
00:26:22,204 --> 00:26:26,585
a little while away.
Ex CEO of Australia. Australia.

580
00:26:26,875 --> 00:26:31,131
Now he himself helped to set up
a lot of the exchanges

581
00:26:31,213 --> 00:26:33,592
or the weight of the changes
here in Australia, work

582
00:26:34,300 --> 00:26:37,345
with the banks
and one of the call outs

583
00:26:35,594 --> 00:26:39,346
he's made, he made
in like a lot of Instagram posts

584
00:26:37,345 --> 00:26:42,851
and I'm
it's sad that he he's private

585
00:26:39,346 --> 00:26:44,769
on a lot of his social profiles.
It's like I actually reshare

586
00:26:43,101 --> 00:26:46,855
a lot of his stuff
into my own profiles

587
00:26:44,769 --> 00:26:49,023
or share it broadly.
But he was an interesting one

588
00:26:49,023 --> 00:26:51,108
that he didn't call other names,
but I could

589
00:26:51,108 --> 00:26:53,653
we can kind of make a guess
summation of who they might be.

590
00:26:54,112 --> 00:26:56,405
But there's two
major banks in Australia

591
00:26:56,655 --> 00:26:58,907
that for all intents
and purposes, that's

592
00:26:58,907 --> 00:27:01,869
where most of the money for all,
all of the crypto exchanges

593
00:27:01,952 --> 00:27:04,247
sit on.
And all of them are unregulated.

594
00:27:04,580 --> 00:27:06,165
All of the crypto exchanges
that there are,

595
00:27:06,165 --> 00:27:09,877
all are unregulated,
there's only one regulated.

596
00:27:09,877 --> 00:27:14,132
Now Bitcoin fund.
That way you can buy as a

597
00:27:14,132 --> 00:27:16,925
not as an inside,
but as I just regular me a model

598
00:27:17,134 --> 00:27:20,012
that you're actually registered
correctly with Australian bank

599
00:27:20,055 --> 00:27:22,057
that's through monochrome
through Jeff's new company

600
00:27:22,140 --> 00:27:24,851
that's the only one everything
else, it's unregulated

601
00:27:25,809 --> 00:27:27,854
and he was making the call
in some of these posts.

602
00:27:27,895 --> 00:27:30,940
Again, if those two happen,
we would have other problems.

603
00:27:31,357 --> 00:27:34,778
But if one of these banks
had a bank run or

604
00:27:34,818 --> 00:27:37,071
had to get pulled out
because the crypto assets

605
00:27:37,071 --> 00:27:39,406
most of these crypto exchanges,
there's only I only

606
00:27:39,406 --> 00:27:42,993
funded back to these two banks,
if one of them or two of them

607
00:27:43,243 --> 00:27:44,953
were to go
on a run for whatever reason,

608
00:27:45,954 --> 00:27:48,415
all of
the exchanges are crispy gone,

609
00:27:48,583 --> 00:27:52,211
they just evaporate into thin air
because of all of these assets

610
00:27:52,211 --> 00:27:53,546
would be tied
back to those banks.

611
00:27:53,546 --> 00:27:55,632
And then that's
where it would be the

612
00:27:55,632 --> 00:27:58,634
the linking of while
we're sort of stuff up again

613
00:27:58,634 --> 00:28:01,429
if we're having bank runs of of
major banks here in Australia,

614
00:28:02,305 --> 00:28:04,723
we're in for some fucking
tough times here in Australia

615
00:28:04,723 --> 00:28:08,435
because you know if I
to the signature bank and SPV

616
00:28:08,435 --> 00:28:11,355
they don't know when the
the major banks of of America.

617
00:28:11,439 --> 00:28:16,068
18th or 16th.
The big the big banks. It's not

618
00:28:14,067 --> 00:28:19,446
you know it wasn't affecting
every like a lot of people

619
00:28:16,068 --> 00:28:20,740
and this is like a relative
sort of term. But if you know

620
00:28:20,740 --> 00:28:23,992
some of these large companies
we're talking like Jp morgan or

621
00:28:24,536 --> 00:28:26,954
Goldman Sachs in the US,
they were going bankrupt.

622
00:28:27,288 --> 00:28:29,749
Okay, There's
going to be some real problems,

623
00:28:30,541 --> 00:28:32,167
I guess,
because Australia's a minnow.

624
00:28:32,167 --> 00:28:35,422
But if we had our really big
banks, Commonwealth Bank

625
00:28:33,752 --> 00:28:37,589
going bankrupt and,
you know, have to be bought out

626
00:28:35,422 --> 00:28:39,718
or something else,
I would feel it

627
00:28:37,589 --> 00:28:41,094
hard here in Australia.
And I guess I mean that's

628
00:28:41,094 --> 00:28:42,429
the only real thing
that I've seen.

629
00:28:42,429 --> 00:28:44,806
Again, we have that though
I'm sure it's going to impact

630
00:28:45,347 --> 00:28:48,518
really maybe,
you know, your crypto exchanges

631
00:28:46,682 --> 00:28:49,728
and the like,
but I think it's going to be

632
00:28:48,518 --> 00:28:52,521
a hell of a
lot more pain elsewhere because

633
00:28:49,728 --> 00:28:54,190
something like that happening.
What's

634
00:28:52,689 --> 00:28:57,777
the reality of it happening?
I don't know. A lot of it.

635
00:28:56,276 --> 00:28:59,528
There's a lot of fear mongering.
You see in the parts.

636
00:28:57,777 --> 00:29:00,864
Yeah, it's it's.
It's here's what happened

637
00:28:59,528 --> 00:29:02,531
in the Financial Review.
I'll tell you this daily

638
00:29:00,864 --> 00:29:05,826
fashion review.
One day chains going down

639
00:29:02,531 --> 00:29:07,369
banks loans.
Where do they get money

640
00:29:05,826 --> 00:29:09,748
from next?
Say that shares are up 10% up.

641
00:29:10,080 --> 00:29:12,875
It's like, you know, it's
like it'll be like 3% up

642
00:29:10,832 --> 00:29:15,170
and they'll be like,
oh, there's a

643
00:29:12,875 --> 00:29:17,838
surety from the from America.
And they'll they'll start

644
00:29:15,670 --> 00:29:21,884
saying, like me there.
This sentence by Philip Lowe

645
00:29:17,963 --> 00:29:24,762
from the RBA in terms of
maybe they're going

646
00:29:21,884 --> 00:29:27,766
to pulls rates over in America
the rate the rates by quarter

647
00:29:24,762 --> 00:29:30,226
and now very next day
we're likely

648
00:29:28,307 --> 00:29:31,394
to have the next race, right?
Like there's going

649
00:29:30,226 --> 00:29:33,104
to be a problem. That's me.
I think his name was Mr. Market.

650
00:29:33,104 --> 00:29:37,107
Never heard of that concept.
Mr. Market Yeah, Yeah, it was.

651
00:29:37,107 --> 00:29:40,487
I'm pretty
sure it was from the book on

652
00:29:41,738 --> 00:29:44,824
smart Investing
or it was investing book,

653
00:29:44,824 --> 00:29:50,454
and they had this concept of
of this guy called Mr. Market,

654
00:29:48,869 --> 00:29:53,750
and he was basically this
bipolar guy who would come in

655
00:29:50,454 --> 00:29:58,003
and wreak havoc.
He would be super happy one day,

656
00:29:53,791 --> 00:30:01,173
the next day
he would just be, you know,

657
00:29:58,003 --> 00:30:03,593
wanting to slice his wrists and
and whatnot.

658
00:30:01,215 --> 00:30:07,931
And that's the. Up and down.
Yeah, it was the it was putting

659
00:30:03,718 --> 00:30:11,683
human emotions on this
ephemeral force thing

660
00:30:08,431 --> 00:30:15,230
that happens
when we trade and putting

661
00:30:11,683 --> 00:30:16,522
human characteristics on it.
And it's funny.

662
00:30:16,522 --> 00:30:18,732
Yeah, you jump on Twitter
or something and you see it.

663
00:30:18,732 --> 00:30:21,027
You see like the the. Up
and down. The, the,

664
00:30:21,027 --> 00:30:24,113
the almost the weird glee
of people who were like, yes,

665
00:30:24,113 --> 00:30:28,992
I want it all
to burn down to the ground,

666
00:30:24,655 --> 00:30:32,622
you know, a la Joker style.
And then you see the others

667
00:30:29,743 --> 00:30:35,791
who are desperately,
you know, scared out of their

668
00:30:32,663 --> 00:30:38,044
minds, others who are just like,
yeah, yeah,

669
00:30:35,791 --> 00:30:40,421
you can add a good thing.
We are Bitcoin

670
00:30:38,044 --> 00:30:42,965
and, you know. Yeah, I think,
you know, ultimately

671
00:30:42,965 --> 00:30:46,344
in the day to day life, you go,
you look at the news like I,

672
00:30:46,385 --> 00:30:49,596
there's a bit of fear mongering,
obviously

673
00:30:47,345 --> 00:30:51,682
there's a bit of sensationalism,
but I have no doubt that

674
00:30:51,682 --> 00:30:54,434
underlying
most of the financial systems,

675
00:30:54,727 --> 00:30:56,895
you know broadly, there's not
just Australia across the world,

676
00:30:57,605 --> 00:30:59,982
like there's going to be
some pain of the tonne

677
00:30:59,982 --> 00:31:02,192
load of assets
that are now sitting on,

678
00:31:02,527 --> 00:31:05,320
you know, lower interest rates.
And with high interest rates,

679
00:31:05,320 --> 00:31:06,698
they're not really
getting the repayments.

680
00:31:06,698 --> 00:31:08,407
I mean if they had to sell
it is the big thing.

681
00:31:08,407 --> 00:31:10,868
If they have to sell them
at a loss,

682
00:31:10,868 --> 00:31:13,663
then this shit out of luck,
it's in terms of the amount of

683
00:31:13,663 --> 00:31:15,163
losses
that they're going to actually

684
00:31:15,163 --> 00:31:19,335
coming to fruition,
much more than it would matter

685
00:31:16,249 --> 00:31:21,045
for one individual to do so.
It would be quite dramatic,

686
00:31:22,380 --> 00:31:24,840
I think is
going to happen relatively soon.

687
00:31:24,840 --> 00:31:27,093
I mean, if you look at the news,
it seems like the world's

688
00:31:27,093 --> 00:31:31,471
ending is going to happen.
I don't think it's soon,

689
00:31:28,428 --> 00:31:33,641
but I do anticipate a day
somewhere far enough

690
00:31:31,471 --> 00:31:36,435
in, you know, in the future
where there's a real reason

691
00:31:33,892 --> 00:31:39,230
why I have Bitcoin,
because I can totally see

692
00:31:39,230 --> 00:31:41,231
some level of hyperinflation
happening

693
00:31:42,150 --> 00:31:46,278
either in Argentina, Spain,
Greece, Venezuela, then

694
00:31:46,278 --> 00:31:49,781
that was no fun of of, you know,
living in hyperinflation.

695
00:31:49,781 --> 00:31:53,243
Yeah, I'm not sure Argentina's
hit hyperinflation yet,

696
00:31:51,075 --> 00:31:55,788
but they're getting close.
They're getting to 100%

697
00:31:53,243 --> 00:31:57,582
I think, at the moment. Right.
I think there's a certain number.

698
00:31:57,582 --> 00:31:59,709
When I called for it.
But Venezuela, right.

699
00:31:59,709 --> 00:32:04,297
It's pretty close,
a few articles and so a couple

700
00:32:00,919 --> 00:32:06,633
of videos that would suck.
I was actually talking

701
00:32:04,297 --> 00:32:09,719
to someone from Zimbabwe
and they were giving the analogy

702
00:32:06,633 --> 00:32:11,596
that the analogy that the
actual things that happened,

703
00:32:11,596 --> 00:32:13,221
which was, you know,
they get the paycheque

704
00:32:13,221 --> 00:32:14,891
and everyone would just go
and buy, you know, white

705
00:32:14,891 --> 00:32:17,518
goods, washing machines, fridges
because know note saw him

706
00:32:17,518 --> 00:32:19,561
and so you'd have like seven
washing machines at home. Yeah.

707
00:32:19,645 --> 00:32:21,314
And then you try to resell them
a bottle with them

708
00:32:21,314 --> 00:32:23,106
because they'd be worth more
than the currency would be.

709
00:32:23,106 --> 00:32:27,111
Right. So I think that's probably
coming to a country near you

710
00:32:27,487 --> 00:32:29,655
in some relations
when it's going to happen

711
00:32:29,655 --> 00:32:31,074
onshore,
but I think is going to get

712
00:32:31,074 --> 00:32:33,576
there at one point or another.
I wouldn't be rushing around now.

713
00:32:33,576 --> 00:32:38,830
Let's just say to be
you're going to move your money

714
00:32:34,661 --> 00:32:39,707
out of banks, don't be rushing.
But I would be

715
00:32:39,707 --> 00:32:43,752
considering the reality
that, you know, what if that bad

716
00:32:43,752 --> 00:32:45,755
financial system
that we sort of base

717
00:32:45,755 --> 00:32:47,882
ourselves on starts
becoming slightly more shaky

718
00:32:47,923 --> 00:32:52,553
and it could become heavily
shakier if something like World

719
00:32:49,467 --> 00:32:55,390
War Three was to come upon us
some of the random,

720
00:32:53,471 --> 00:32:57,141
you know, atrocities. Okay, then
it puts that extra pressure on.

721
00:32:57,141 --> 00:32:59,685
That might be the
the release valve

722
00:32:58,393 --> 00:33:01,729
that's needed to
just kind of crumble

723
00:32:59,685 --> 00:33:03,730
that and, you know,
transfer people over to something

724
00:33:03,730 --> 00:33:06,901
like Bitcoin or whatever
else might be around. Yeah, yeah.

725
00:33:06,901 --> 00:33:12,365
I can't say I've been
I've been actively trying

726
00:33:09,069 --> 00:33:15,076
to suppress the urge to,
to buy more Bitcoin

727
00:33:12,656 --> 00:33:17,787
just to be like, oh, you know,
it's really proving

728
00:33:15,159 --> 00:33:22,875
the example of, of, you know,
the, the classic chancellor

729
00:33:18,287 --> 00:33:24,335
on the brink of default
bailouts or something like that

730
00:33:24,335 --> 00:33:26,628
which is in the
genesis block of of Bitcoin.

731
00:33:28,297 --> 00:33:33,094
I mean all I can say is
I am so glad I didn't

732
00:33:30,465 --> 00:33:37,181
have to go through 2008,
you know, I was 16 so money

733
00:33:33,094 --> 00:33:39,642
didn't matter to me.
I had none and things like that.

734
00:33:39,642 --> 00:33:41,019
But imagine
going through all that

735
00:33:41,019 --> 00:33:44,855
and not having something like
a Bitcoin to look at and game

736
00:33:45,314 --> 00:33:48,026
man, you. Know,
where do I turn to? Yeah, yeah.

737
00:33:48,026 --> 00:33:50,528
What, what would you,
what would the white goods

738
00:33:48,734 --> 00:33:52,571
be here in Australia
that would get our coins

739
00:33:50,528 --> 00:33:54,574
I guess. Yeah.
Everybody. Which is about

740
00:33:52,946 --> 00:33:56,616
the weather enough.
The accounts would be the fans.

741
00:33:56,616 --> 00:33:58,786
Lots of fans
probably. Refrigerate.

742
00:33:58,786 --> 00:34:01,622
Refrigerators.
It's not even that hot here.

743
00:34:01,622 --> 00:34:05,375
Big skis, humongous.
Like ice fridges,

744
00:34:03,458 --> 00:34:06,877
something like that.
Now it doesn't

745
00:34:05,375 --> 00:34:08,545
get ridiculously hot.
There are some hot days.

746
00:34:06,877 --> 00:34:10,672
Hotspots.
That's the new that'll be

747
00:34:08,545 --> 00:34:12,300
the new currency of the future.
Because enough people

748
00:34:11,257 --> 00:34:14,052
talking about.
Current trends as well, you know.

749
00:34:14,052 --> 00:34:15,762
Yeah, I'm going to buy out.
I'm going to

750
00:34:16,137 --> 00:34:21,099
just get every single
spot like ice or fridge

751
00:34:17,472 --> 00:34:22,809
you can buy of like 600 litres.
Yeah. And then everyone

752
00:34:21,099 --> 00:34:25,480
will come to me. I'll be the
I have the monopoly on ice.

753
00:34:25,480 --> 00:34:28,065
Suppose it's again,
it's just like during COVID

754
00:34:28,065 --> 00:34:32,862
when having any weights or stuff
was, was the. That was thing to

755
00:34:33,820 --> 00:34:36,239
people. Yeah. People are selling
fucking a buying weights

756
00:34:36,239 --> 00:34:40,494
for like ridiculous prices.
It's like nine. Yeah.

757
00:34:38,951 --> 00:34:44,331
Very good and very good. Mr.
Market was an allegory created

758
00:34:40,494 --> 00:34:44,831
by investor Benjamin Graham.
I should have known that.

759
00:34:44,831 --> 00:34:47,585
So it was in the it was probably
in his book, Yes.

760
00:34:47,585 --> 00:34:50,170
The intelligent Investor.
So if you want to know

761
00:34:48,753 --> 00:34:52,798
more about Mr.
Market and that that crazy guy.

762
00:34:53,007 --> 00:34:54,342
It's Benjamin Graham.
That's right.

763
00:34:54,342 --> 00:34:58,387
You know, I'm pretty sure he's
pretty sure he's American. Yeah.

764
00:34:58,387 --> 00:35:01,599
Uh, I can confirm that for you
with one click of a button.

765
00:35:02,016 --> 00:35:07,271
British born American
economist, British Professor

766
00:35:03,184 --> 00:35:11,483
and investor, 1918 94,
while he was old ship, 1894

767
00:35:07,271 --> 00:35:14,195
to 1976 know that.
All prices. Are 1894.

768
00:35:14,195 --> 00:35:17,405
People want 1800.
Seems like such a. Long

769
00:35:15,530 --> 00:35:19,574
time. Ago.
Such a world away, man.

770
00:35:17,405 --> 00:35:21,159
Such a world.
But we're going to leave it

771
00:35:19,574 --> 00:35:22,244
there, folks.
Thank you so much for tuning in

772
00:35:21,159 --> 00:35:24,579
for this.
Indeed, mortals here today

773
00:35:22,244 --> 00:35:27,750
for the meandering session.
If you did enjoy if we provided

774
00:35:24,956 --> 00:35:30,043
some value of you,
provided some laughs

775
00:35:27,750 --> 00:35:32,838
or some insightful thinking,
what we ask from you

776
00:35:30,043 --> 00:35:35,632
is to through the valley back.
You can do

777
00:35:33,380 --> 00:35:37,175
so by sharing the podcast
with a friend

778
00:35:35,632 --> 00:35:38,052
in the traditional means.
You can leave a comment,

779
00:35:38,052 --> 00:35:42,306
you can answer
some of the questions

780
00:35:39,262 --> 00:35:43,516
that we've given to each other.
Perhaps

781
00:35:42,306 --> 00:35:45,518
you've got a different view.
Can you prepare for grief? Yeah.

782
00:35:45,518 --> 00:35:47,103
Do you have a view
on supplements?

783
00:35:47,103 --> 00:35:50,148
Are you planning away
planning in ten years gaps

784
00:35:50,356 --> 00:35:51,731
for training or something
similar?

785
00:35:51,731 --> 00:35:54,068
Have you had that experience? I
would love to know if someone's

786
00:35:55,027 --> 00:35:58,947
going, Hey, I'm going to
become really quite good

787
00:35:55,987 --> 00:36:01,867
in Australia or in,
you know, inside whatever

788
00:35:59,239 --> 00:36:02,617
at a marathon or something else
and how you kind of plan

789
00:36:02,617 --> 00:36:06,621
that out over the long
period of time. That would

790
00:36:04,619 --> 00:36:09,041
also be of interest to me.
But we also ask you to send

791
00:36:06,621 --> 00:36:12,003
through prescription
based programs as a form

792
00:36:09,125 --> 00:36:14,838
that you can message us with
some Bitcoin partial Bitcoin

793
00:36:12,085 --> 00:36:18,384
attached to it.
You have to be using some of

794
00:36:15,047 --> 00:36:19,552
the new podcast apps out there,
something like Fountain.

795
00:36:19,552 --> 00:36:22,429
It allows you to go
and listen to podcasts already.

796
00:36:22,804 --> 00:36:26,516
You can earn some stats that way,
which is fractional bitcoin

797
00:36:24,514 --> 00:36:28,603
and then you can send it back
via message or through streaming.

798
00:36:28,603 --> 00:36:31,355
So go try it out
if you haven't played around.

799
00:36:31,521 --> 00:36:34,150
I know that it is a difficult
thing to play around with.

800
00:36:34,358 --> 00:36:38,820
It is becoming easier, better
have a Google at the very least.

801
00:36:38,820 --> 00:36:41,072
If we can only leave you
with one thing going Google.

802
00:36:41,072 --> 00:36:42,949
I mean one.
You don't know what bitcoin is.

803
00:36:42,949 --> 00:36:46,329
I would probably say go Google
bitcoin dot

804
00:36:44,619 --> 00:36:49,289
com and just go read about that
or Wikipedia whitepaper

805
00:36:46,329 --> 00:36:51,083
and maybe understand
why we're asking for that

806
00:36:49,289 --> 00:36:53,376
particular value.
What we're saying, it's

807
00:36:51,083 --> 00:36:56,505
the it's the form
that we want to be presented

808
00:36:54,003 --> 00:36:58,090
back with the value.
And obviously the commentary

809
00:36:56,505 --> 00:37:00,342
that comes back
to us is also valuable

810
00:36:58,090 --> 00:37:01,760
when we read them out
during our musings conversations,

811
00:37:01,760 --> 00:37:03,387
which is 7 p.m.,
Australian Society

812
00:37:03,387 --> 00:37:06,014
Time Live as well,
so you can join in on the fun

813
00:37:07,057 --> 00:37:10,603
and that's that's it for me.
That's the spiel I want to give

814
00:37:08,643 --> 00:37:12,103
anything else from you.
I was just looking at Bitcoin.com

815
00:37:12,103 --> 00:37:16,233
because I know it's either
Bitcoin.com or bitcoin

816
00:37:13,063 --> 00:37:19,402
dot org is owned by Rojava
and he's more of a BSB guy,

817
00:37:16,275 --> 00:37:21,239
a bitcoin cash,
so you got to be careful.

818
00:37:21,239 --> 00:37:25,576
They'll come.
I can't tell because I remember

819
00:37:21,822 --> 00:37:28,954
I once went to this site and
it would talk about bitcoin,

820
00:37:26,077 --> 00:37:30,456
but Bitcoin cash
was also very prominent on it.

821
00:37:30,456 --> 00:37:34,251
So it was,
it was kind of one of these

822
00:37:31,248 --> 00:37:36,545
like those sneaky ways that he,
he had. Uses the cash

823
00:37:35,085 --> 00:37:37,755
aspect of it as well.
Yes. Correct.

824
00:37:37,755 --> 00:37:40,132
So well the completely different
blockchain.

825
00:37:40,132 --> 00:37:44,594
So yeah, go read the paper,
go read the whitepaper. Yes. That

826
00:37:42,217 --> 00:37:45,304
that's probably the best.
The problem is what I read

827
00:37:45,304 --> 00:37:47,931
in the white paper
is that it gets to you you need.

828
00:37:47,931 --> 00:37:50,434
Yeah. You need
I would say. Read the.

829
00:37:50,434 --> 00:37:53,144
Reviews, the white paper.
Read the first bit of the White.

830
00:37:53,311 --> 00:37:54,855
Noise down
all the things that you,

831
00:37:54,855 --> 00:37:59,485
you know, if you're not
into like cybersecurity

832
00:37:55,648 --> 00:38:02,655
or that space or mathematical
items, you might

833
00:38:00,610 --> 00:38:06,117
find a lot of the things like
the blockchain and just be like,

834
00:38:03,197 --> 00:38:09,744
Whoa, what's going on?
I think I've reread it now

835
00:38:06,324 --> 00:38:12,748
four times, I think, and even
every single time, just like

836
00:38:10,329 --> 00:38:15,668
this is kind of similar to books
where it's one of those

837
00:38:13,373 --> 00:38:18,545
where every time you read it,
you kind of go again like,

838
00:38:15,668 --> 00:38:19,005
Oh shit, that's what this is.
It's a good book.

839
00:38:19,005 --> 00:38:22,007
Oh, this is like for me, it's
much for meetings like that.

840
00:38:22,300 --> 00:38:24,010
Every single time
I read, reread it,

841
00:38:24,010 --> 00:38:26,304
like I know the whole story.
Now, by rereading, I go,

842
00:38:26,304 --> 00:38:28,389
Oh yeah, that's
kind of what he means by

843
00:38:28,389 --> 00:38:31,474
this is the example that's
a similar thing to the bigger

844
00:38:31,474 --> 00:38:36,188
my paper. I'm like, Oh, I see.
Now in

845
00:38:34,394 --> 00:38:38,273
like the reality of the world
why you actually need this

846
00:38:36,188 --> 00:38:40,775
because of this.
So I'm going to read

847
00:38:38,273 --> 00:38:42,902
a couple of times now.
So I was going to ask.

848
00:38:40,900 --> 00:38:44,322
Good qualified recommendation.
So does it need more lights?

849
00:38:44,322 --> 00:38:47,824
We'll leave you with two men
philosophising in the park.

850
00:38:47,824 --> 00:38:50,452
And for those who say
that we don't have enough

851
00:38:49,159 --> 00:38:52,621
female listeners,
to us, I say blur to you.

852
00:38:52,621 --> 00:38:55,750
We have plenty of female voices.
So thank you, ma'am,

853
00:38:54,248 --> 00:38:57,751
for listening in.
Juan out, Kyrin out.