Social Media Angst, the Truth About Income Tax: Insights from an IRS Whistleblower, and Updates from LaunchTeam 🚨
This episode has two parts.
Part 1:
After a hiatus from social media, I realized it was a double-edged sword. The negativity was heavy, and I found myself battling anxiety. A painful injury added to the emotional toll, making it hard to balance life and connection. I share my personal journey recovering from the injury and my subsequent focus on deeper projects like my books and agency.
Part 2:
In part two, I interview Joe Banister (@josephbanister), a former IRS agent turned whistleblower. We discuss the hidden truths of the federal income tax, the broken monetary system, and the importance of financial sovereignty. We also cover Joe's journey, the significance of his free report, and its relevance in today's economic climate.
Joe spent years investigating his claims, and what he found could change everything we know about our obligations to the government.
Don't let ignorance hold you back! If you're curious about how the system works and what you can do to protect your finances, this is for you.
Check out Joe’s FREE report to learn more about these legal loopholes—and empower yourself. Links in comments.
Whoever builds the thing that reliably safeguards humanity from an AI-induced extinction event will be in a position of extreme wealth, leverage, and power.
It’s not about pacing AI or slowing it down. It’s about prioritizing the right thing to build and letting anyone build it.
We need safeguards. Ethical protocols. Reliable transactions. Constant monitoring.
Part of the solution will be rooted in Bitcoin. Sats. Energy units.
Evolution has no pace. It’s like water. It flows with physics. You heard it here first.
Like Jack Dorsey, I know that slowing down, pacing, and monopolizing AI is not the way.
A decentralized future must be built with decentralized production frameworks.
I stand with @jack.
When I said, “Evolution has no pace,” this is exactly what I meant.
https://t.co/c8dFYKI7Ue
Thanks for expounding so eloquently, Jack.
Solid argument from @River that points to $840k within 5 years—mainly from a financial and institutional perspective. Once $1M is that close, human psychology will create a time crunch that lifts the price up to the psychological mark ($1M) relatively quickly. Then I would expect a drop back down again before the next journey from $1-5M per coin. That leg up might take a decade or more, which would be around 2041-45. And that takes us into mainstream adoption where Bitcoin is widely used as a means of exchange and the base settlement layer across the planet. If the dollar’s value goes down more rapidly than expected, it could accelerate this timeline. If the dollar stays dominant for a longer period, it decelerates this timeline. Other similar factors include nation state adoption and tools from entrepreneurs that could speed things up. https://t.co/9af0k93EKj
You know I’m your buddy, @GaryCardone, but thinking Bitcoin can’t get to $5M per coin is a logical fallacy. I would argue $5M is a near certainty. If you want to talk percentages, I’d put it above 99%.
Think about it logically:
Fiat has no capped supply. We keep printing more. The dilution of value is infinite.
Now consider Bitcoin’s fixed supply. As we print more dollars, each Bitcoin is “worth” more dollars in dollar terms, even if Bitcoin isn’t getting more adoption.
Now consider that an entire industry is building tools to spread Bitcoin’s usage, which has been gong on for 17 years. Game theory inherent in Bitcoin’s rigid design drives the incentive for people to support and grow the network once they are in. So this is very unlikely to stop.
The logical fallacy in your head is that there must be a cap on Bitcoin’s value relative to other assets. This is wrong, because the supply of other assets is a moving target. Gold’s supply grows, and it will continue to grow at a faster rate as we build more tools to better mine gold from the ocean and the stars. Gold has an unlimited supply. Bitcoin does not.
The other fallacy confusing your brain is the false assumption that there isn’t enough time. “It will never happen.” Humans have difficulty understanding rate of change. Gold has been used as a store of value for thousands of years. Your brain takes that info and converts it into a sense of security. “It’s always been here.”
Just because gold has been around for a long time doesn’t mean something better won’t or can’t come along.
I can’t tell you when Bitcoin will hit $5M a coin, but I can confidently say—without a black swan or extinction event, it’s much closer to a 100% certainty than an impossibility.
Buying Your Next Home with Bitcoin: The People’s Reserve (Podcast Episode)
I had a blast recording this show with @CJKonstantinos to celebrate the launch of @PeoplesReserve. Enjoy! 🟠
Chapters
00:00 Introduction and Launch Week Insights
02:58 The Current State of Bitcoin and Market Psychology
05:58 CJ's Journey into Bitcoin and Founding People's Reserve
11:48 The Evolution of Bitcoin and Ethereum
15:09 The Foundation of People's Reserve and Its Purpose
17:52 People's Reserve: A New Financial Tool for Homebuyers
24:03 The Impact of People's Reserve on the Housing Market
26:53 The Exciting Potential of Bitcoin Mortgages
27:50 Understanding the Savings Crisis
29:54 Bitcoin as a Solution for Home Ownership
30:37 TrueFi and the Future of Mortgages
31:58 The Real Estate Market Crisis
33:44 Innovative Mortgage Solutions with TrueFi
36:19 Investing in Bitcoin-Backed Mortgages
38:39 The Dual Market: Consumers and Investors
40:04 Bitcoin: A Paradigm Shift in Finance
42:50 Exporting the American Dream with Bitcoin
45:46 The Race to Zero: Global Currency Printing
49:43 Bitcoin as a Settlement Layer for Finance
52:01 Building a Better Future with Bitcoin
Resources:
Joe Banister's Free Report - https://t.co/xyrA4z2a0x
Hivemind Book - https://t.co/rqcPyMRNFb (Free Advanced Reader Copy)
Life After Bitcoin Book - https://t.co/EkPqAA12MY (Free Advanced Reader Copy)
LaunchTeam Agency - https://t.co/O6sjOdZ1Iv
Jesse’s Personal Website - https://t.co/UGo005Ul6W
Sponsors:
This episode is sponsored by @Trezor. Get a Trezor today:
https://t.co/h0kaF0almk
This episode is also brought to you by:
@LABNetwork21@MyLaunchTeam
Bitcoin FUD, Taxes, the Strait, Societal Trends, & the 4th Turning (Weekly Recap)
In this solo episode, I share insights on cultural issues, Bitcoin FUD, corruption in our tax system, geopolitical game theory, Saylor's buying spree, price action, and nationwide economic pain—offering my visceral and authentic reaction to recent events happening across the Bitcoin ecosystem. Enjoy.
Chapters
00:00 Introduction to the Lab Network and Personal Reflections
01:45 Cultural Frustrations and Economic Turmoil
03:13 Debunking Bitcoin Myths: Professor Jiang's Claims
08:04 The Reality of the Current Economy
12:01 Questioning the Federal Income Tax System
15:06 Iran's Proposal for Bitcoin in Trade
19:27 Bitcoin as a Safe Haven Asset
21:49 Michael Saylor's Bitcoin Strategy
23:52 Bitcoin Price Predictions and Market Dynamics
24:34 Upcoming Events in the Bitcoin Community
29:14 Closing Thoughts and Call for Collaboration
Hello all,
On Friday I got news that I am to be transferred to a new institution. I will no longer be an inmate at FPC Morgantown. I am a little disappointed because this is a nice place (for a prison) and my wife can visit easily. For security reasons they do not tell you where you are going but I am hopeful that it won't be too far from home. I was told to be ready to "pack out" on Monday or Tuesday - it is very likely I will be leaving on Wednesday - so I spent the weekend getting ready to leave. It is amazing how much stuff you accrue in such a short period of time, it has been nearly 6 months since I arrived here. I expect they will call me down to "R&D" (receiving and discharge) where they will inspect my belongings to make sure there is no contraband and I am not taking anything unauthorized and pack them away in a box or two that they will ship to my new institution.
As for "shipping" me, it is very likely that I will be flown out to the central transit prison hub in Oklahoma before I am then flown onward to wherever they are putting me. Yes, Con-air is a real thing. Needless to say going through transit (Oklahoma) is a real nightmare. You can be stuck there from 1 day to several weeks, you're around all kinds of prisoners of all different security levels. No one looks forward to Oklahoma - myself included. There is the slightest possibility of avoiding the transit nightmare. On Friday after I got word I submitted a formal request (a "cop out" in BOP lingo) to the CMC (case manager coordinator) here at the institution. I requested that they allow me to perform what is called a 'transfer furlough' which means instead of the BOP spending upwards of $10,000 to fly me across the country several times my wife can come pick me up and drop me off at my new location at my own cost. Transfer furloughs are rare of course, but the CMC didn't reject it outright, he promised to take it up the chain of command and let me know. So while I am not expecting it, there is the slightest glimmer of possibility that they allow it. Considering that I have had no incident reports, that i self surrendered, that I had no issue on pre-trial supervision for nearly 2 years, etc, all makes a compelling case that I can be trusted to self transfer. So here is to hoping for the best.
I will let you know where I will be once I know where I will be.
All the best,
Keonne
The title of the talk is “Code is Free Speech: Ending the War on Bitcoin.”
I interviewed American entrepreneur, @keonne, weeks before he went to jail for writing code to strengthen the Bitcoin protocol. His innovative tech provided privacy features for Bitcoiners worldwide. The DOJ shut it down.
Keonne and his partner Bill are still in jail, despite zero evidence of wrongdoing.
Keonne’s wife, @leamuirleyn, is speaking at the conference on another panel.
Make it make sense.
No. This is a false statement. Stablecoins are undeniably and categorically NOT the best form of money.
Bitcoin is the best form of money. It’s permissionless, decentralized, and has a fixed supply so it maintains its value over space and time. It’s backed by real measurable energy, captured and stored forever on an immutable blockchain with redundancy across tens of thousands of machines all over the world.
Stablecoins, in stark contrast, are pegged to legacy currencies—typically the dollar, which is the worst, most corrupt money ever created in history. Fiat has no supply limit, so the centralized operator constantly inflates the circulating supply, which deteriorates the purchasing power of each unit over time. There is clear, factual, and undeniable evidence of this fact.
Stablecoins also allow for extreme surveillance by their issuers and partners. Every transaction is trackable and traceable.
So not only do stablecoins threaten privacy, they are also backed by corrupt, inflatable currency owned and controlled by a central source.
Brian, learn more about money.
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