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Bitcoin y la crisis del Estado con Álvaro D. María-25RbDa_ikmU.en.ttml
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<p begin="00:00:01.950" end="00:00:07.529" style="s2">in that case doctor sheldon lent</p>
<p begin="00:00:05.130" end="00:00:11.179" style="s2">attention because we want an answer</p>
<p begin="00:00:07.529" end="00:00:13.830" style="s2">clear what their citadels will serve</p>
<p begin="00:00:11.179" end="00:00:17.070" style="s2">the lawyer&#39;s voice became shrill</p>
<p begin="00:00:13.830" end="00:00:19.920" style="s2">had set the trap managed to corner</p>
<p begin="00:00:17.070" end="00:00:22.860" style="s2">keep Sheldon away from any</p>
<p begin="00:00:19.920" end="00:00:25.580" style="s2">possibility of answer but hari</p>
<p begin="00:00:22.860" end="00:00:27.350" style="s2">seldon did not change</p>
<p begin="00:00:25.580" end="00:00:29.260" style="s2">to minimize the effects of</p>
<p begin="00:00:27.350" end="00:00:32.650" style="s2">that destruction</p>
<p begin="00:00:29.260" end="00:00:35.080" style="s2">what exactly do you mean by that</p>
<p begin="00:00:32.650" end="00:00:37.060" style="s2">explanation is very simple next</p>
<p begin="00:00:35.080" end="00:00:38.980" style="s2">destruction of fiat money is not a</p>
<p begin="00:00:37.060" end="00:00:40.900" style="s2">isolated event of the scheme of the</p>
<p begin="00:00:38.980" end="00:00:43.870" style="s2">human development will be the point</p>
<p begin="00:00:40.900" end="00:00:45.400" style="s2">climax of an intricate drama that</p>
<p begin="00:00:43.870" end="00:00:47.440" style="s2">started centuries ago and accelerates</p>
<p begin="00:00:45.400" end="00:00:49.420" style="s2">continuously your speed</p>
<p begin="00:00:47.440" end="00:00:52.020" style="s2">I mean gentlemen to the continua</p>
<p begin="00:00:49.420" end="00:00:55.590" style="s2">decline of the state</p>
<p begin="00:00:52.020" end="00:00:58.710" style="s2">Doctor Sheldon realizes that he is</p>
<p begin="00:00:55.590" end="00:01:01.050" style="s2">speaking of the state that exists since</p>
<p begin="00:00:58.710" end="00:01:05.160" style="s2">centuries ago despite all</p>
<p begin="00:01:01.050" end="00:01:08.790" style="s2">vicissitudes of generations and that</p>
<p begin="00:01:05.160" end="00:01:10.860" style="s2">is backed by good wishes and</p>
<p begin="00:01:08.790" end="00:01:13.620" style="s2">the love of eight billion beings</p>
<p begin="00:01:10.860" end="00:01:15.479" style="s2">humans I am so aware of the</p>
<p begin="00:01:13.620" end="00:01:18.150" style="s2">current situation as in the past</p>
<p begin="00:01:15.479" end="00:01:19.530" style="s2">history of the state although I do not pretend</p>
<p begin="00:01:18.150" end="00:01:21.630" style="s2">be rude</p>
<p begin="00:01:19.530" end="00:01:24.210" style="s2">I think I know her better than anyone</p>
<p begin="00:01:21.630" end="00:01:27.390" style="s2">another person in this room and</p>
<p begin="00:01:24.210" end="00:01:29.610" style="s2">I predicted your doom is a prediction made</p>
<p begin="00:01:27.390" end="00:01:32.580" style="s2">I don&#39;t do any math</p>
<p begin="00:01:29.610" end="00:01:34.800" style="s2">moral judgment I personally regret the</p>
<p begin="00:01:32.580" end="00:01:37.979" style="s2">perspective even if it were admitted that the</p>
<p begin="00:01:34.800" end="00:01:41.100" style="s2">state is not convenient thing that I do not</p>
<p begin="00:01:37.979" end="00:01:44.850" style="s2">I make the state of anarchy that will follow</p>
<p begin="00:01:41.100" end="00:01:46.740" style="s2">his fall would be even worse is that state of</p>
<p begin="00:01:44.850" end="00:01:49.800" style="s2">anarchy what my project intends</p>
<p begin="00:01:46.740" end="00:01:52.770" style="s2">fight against the fall of the state</p>
<p begin="00:01:49.800" end="00:01:55.740" style="s2">gentlemen is something monumental and cannot</p>
<p begin="00:01:52.770" end="00:01:57.850" style="s2">easily combated is dictated by</p>
<p begin="00:01:55.740" end="00:01:59.950" style="s2">a growing bureaucracy</p>
<p begin="00:01:57.850" end="00:02:01.960" style="s2">initiative recession one</p>
<p begin="00:01:59.950" end="00:02:04.750" style="s2">caste freeze a</p>
<p begin="00:02:01.960" end="00:02:07.570" style="s2">stagnation of curiosity and many</p>
<p begin="00:02:04.750" end="00:02:09.250" style="s2">more factors as I said ago</p>
<p begin="00:02:07.570" end="00:02:12.610" style="s2">centuries that is prepared and is something</p>
<p begin="00:02:09.250" end="00:02:14.319" style="s2">Too great to stop it ain&#39;t</p>
<p begin="00:02:12.610" end="00:02:17.710" style="s2">something obvious to everyone that the</p>
<p begin="00:02:14.319" end="00:02:20.140" style="s2">status is as strong as ever</p>
<p begin="00:02:17.710" end="00:02:21.030" style="s2">and the appearance of strength is but</p>
<p begin="00:02:20.140" end="00:02:24.070" style="s2">an illusion</p>
<p begin="00:02:21.030" end="00:02:26.950" style="s2">seems to have to last forever no</p>
<p begin="00:02:24.070" end="00:02:29.890" style="s2">notwithstanding Mr. Lawyer the trunk of the</p>
<p begin="00:02:26.950" end="00:02:33.070" style="s2">rotten tree up to the very moment in</p>
<p begin="00:02:29.890" end="00:02:35.140" style="s2">that the storm divides it in two, it has everything</p>
<p begin="00:02:33.070" end="00:02:38.710" style="s2">the appearance of solid that it has had</p>
<p begin="00:02:35.140" end="00:02:40.860" style="s2">always now the storm looms</p>
<p begin="00:02:38.710" end="00:02:44.290" style="s2">about the branches of the state</p>
<p begin="00:02:40.860" end="00:02:46.860" style="s2">listened with bitcoin ears and will hear</p>
<p begin="00:02:44.290" end="00:02:46.860" style="s2">the creak</p>
<p begin="00:02:50.960" end="00:02:57.080" style="s2">hello how are you speaking alone penthouse in y</p>
<p begin="00:02:53.900" end="00:02:58.760" style="s2">welcome to my podcast what you just finished</p>
<p begin="00:02:57.080" end="00:03:00.680" style="s2">to listen is a modified fragment</p>
<p begin="00:02:58.760" end="00:03:03.950" style="s2">from one of my favorite books</p>
<p begin="00:03:00.680" end="00:03:05.780" style="s2">isaac asimov foundation and it serves me</p>
<p begin="00:03:03.950" end="00:03:08.300" style="s2">perfection to introduce the topic</p>
<p begin="00:03:05.780" end="00:03:11.810" style="s2">from today&#39;s post the fall of the state that</p>
<p begin="00:03:08.300" end="00:03:13.970" style="s2">bitcoin is accelerating I tell you more in</p>
<p begin="00:03:11.810" end="00:03:17.360" style="s2">a minute but before a moment for my</p>
<p begin="00:03:13.970" end="00:03:20.000" style="s2">sponsors that will pass the test of</p>
<p begin="00:03:17.360" end="00:03:21.650" style="s2">the fall of the state [ __ ] [ __ ] is the</p>
<p begin="00:03:20.000" end="00:03:23.420" style="s2">web platform where you can buy</p>
<p begin="00:03:21.650" end="00:03:26.510" style="s2">bitcoin from other individuals without</p>
<p begin="00:03:23.420" end="00:03:28.400" style="s2">too many questions in this age of</p>
<p begin="00:03:26.510" end="00:03:30.500" style="s2">historical prices above 60</p>
<p begin="00:03:28.400" end="00:03:33.500" style="s2">thousand dollars how are you accumulating that</p>
<p begin="00:03:30.500" end="00:03:35.270" style="s2">dose a great way to stack schatz&#39;s</p>
<p begin="00:03:33.500" end="00:03:37.610" style="s2">recurring form is [ __ ] [ __ ] dotcom</p>
<p begin="00:03:35.270" end="00:03:39.080" style="s2">It is ideal because it allows you to buy from</p>
<p begin="00:03:37.610" end="00:03:40.820" style="s2">other bitcoins without giving up</p>
<p begin="00:03:39.080" end="00:03:42.740" style="s2">personal information and with all</p>
<p begin="00:03:40.820" end="00:03:45.560" style="s2">guarantees that no one will deceive you and</p>
<p begin="00:03:42.740" end="00:03:47.780" style="s2">leave with your money or schatz [ __ ] [ __ ]</p>
<p begin="00:03:45.560" end="00:03:49.930" style="s2">dotcom can be intimidating the first time</p>
<p begin="00:03:47.780" end="00:03:54.550" style="s2">but when you have used it</p>
<p begin="00:03:49.930" end="00:03:57.700" style="s2">sometimes ain&#39;t easy enough</p>
<p begin="00:03:54.550" end="00:04:00.700" style="s2">the offer you want do not despair period</p>
<p begin="00:03:57.700" end="00:04:03.280" style="s2">one that seems good to you with the price and</p>
<p begin="00:04:00.700" end="00:04:05.680" style="s2">the prizes you want and you&#39;ll see how to</p>
<p begin="00:04:03.280" end="00:04:07.120" style="s2">someone will take it start stacking</p>
<p begin="00:04:05.680" end="00:04:09.250" style="s2">santos and centering down the jo of the</p>
<p begin="00:04:07.120" end="00:04:10.960" style="s2">dotcom and remember that if you register</p>
<p begin="00:04:09.250" end="00:04:12.760" style="s2">using the lunatic code in</p>
<p begin="00:04:10.960" end="00:04:14.690" style="s2">you will receive a commission discount</p>
<p begin="00:04:12.760" end="00:04:16.489" style="s2">forever</p>
<p begin="00:04:14.690" end="00:04:18.470" style="s2">miter fil is the bitcoin company that</p>
<p begin="00:04:16.489" end="00:04:20.900" style="s2">allows you to live in all parts of the</p>
<p begin="00:04:18.470" end="00:04:22.520" style="s2">world with your bitcoin now in the</p>
<p begin="00:04:20.900" end="00:04:25.160" style="s2">savior are lucky to be able</p>
<p begin="00:04:22.520" end="00:04:27.350" style="s2">consume and live with their chats but the</p>
<p begin="00:04:25.160" end="00:04:28.910" style="s2">rest of us still living in states</p>
<p begin="00:04:27.350" end="00:04:31.160" style="s2">who turn their backs on anyone</p>
<p begin="00:04:28.910" end="00:04:34.460" style="s2">innovation that challenges your monopoly</p>
<p begin="00:04:31.160" end="00:04:36.650" style="s2">economically we cannot do it but with</p>
<p begin="00:04:34.460" end="00:04:38.570" style="s2">beat the field does not matter because at least</p>
<p begin="00:04:36.650" end="00:04:40.100" style="s2">In Spain I can buy in Carrefour</p>
<p begin="00:04:38.570" end="00:04:41.840" style="s2">or get to the deposit of my car in</p>
<p begin="00:04:40.100" end="00:04:44.110" style="s2">cepsa and consume everything you want in</p>
<p begin="00:04:41.840" end="00:04:47.340" style="s2">amazon mediamarkt or logging</p>
<p begin="00:04:44.110" end="00:04:49.410" style="s2">bitcoin thanks to vitra field</p>
<p begin="00:04:47.340" end="00:04:52.320" style="s2">conferences in el salvador and recommend</p>
<p begin="00:04:49.410" end="00:04:55.380" style="s2">to everyone that as soon as they land they are done</p>
<p begin="00:04:52.320" end="00:04:57.360" style="s2">with a phone card from the country with</p>
<p begin="00:04:55.380" end="00:05:00.610" style="s2">she and beat the field are going to</p>
<p begin="00:04:57.360" end="00:05:03.669" style="s2">forget about an unexpected bill</p>
<p begin="00:05:00.610" end="00:05:07.300" style="s2">be able to recharge card balance by</p>
<p begin="00:05:03.669" end="00:05:10.180" style="s2">example of I say clear diesel movistar or</p>
<p begin="00:05:07.300" end="00:05:12.760" style="s2">network everything like not paying with bitcoin</p>
<p begin="00:05:10.180" end="00:05:14.680" style="s2">engine online</p>
<p begin="00:05:12.760" end="00:05:17.050" style="s2">that is, follow the link in the description and</p>
<p begin="00:05:14.680" end="00:05:20.910" style="s2">surprising of the wide offer that</p>
<p begin="00:05:17.050" end="00:05:20.910" style="s2">has a profile for you in your country</p>
<p begin="00:05:21.330" end="00:05:25.710" style="s2">poteo and is special for several</p>
<p begin="00:05:23.129" end="00:05:27.360" style="s2">reasons first because it is the first</p>
<p begin="00:05:25.710" end="00:05:29.550" style="s2">interview given to bar de maría</p>
<p begin="00:05:27.360" end="00:05:31.420" style="s2">the author of one of the bitcoin books</p>
<p begin="00:05:29.550" end="00:05:32.529" style="s2">Who else have I enjoyed reading?</p>
<p begin="00:05:31.420" end="00:05:35.349" style="s2">[Music]</p>
<p begin="00:05:32.529" end="00:05:37.719" style="s2">because it explores the rabbit hole that it is</p>
<p begin="00:05:35.349" end="00:05:39.780" style="s2">a state and how bitcoin accelerates its</p>
<p begin="00:05:37.719" end="00:05:42.990" style="s2">inexorable fall</p>
<p begin="00:05:39.780" end="00:05:44.520" style="s2">has investigated before I take a class</p>
<p begin="00:05:42.990" end="00:05:47.280" style="s2">masterful to understand perfectly</p>
<p begin="00:05:44.520" end="00:05:49.470" style="s2">your abc&#39;s</p>
<p begin="00:05:47.280" end="00:05:52.830" style="s2">It is special because of the number of moments</p>
<p begin="00:05:49.470" end="00:05:54.720" style="s2">of clarity that I have lived recording the</p>
<p begin="00:05:52.830" end="00:05:56.460" style="s2">The talk with Álvaro allows us to take</p>
<p begin="00:05:54.720" end="00:05:58.770" style="s2">awareness of the historical moment in which</p>
<p begin="00:05:56.460" end="00:06:01.730" style="s2">that we find perspective and</p>
<p begin="00:05:58.770" end="00:06:05.130" style="s2">fit bitcoin in this context</p>
<p begin="00:06:01.730" end="00:06:07.920" style="s2">I score a geek wish of 4 or cyber punks</p>
<p begin="00:06:05.130" end="00:06:10.710" style="s2">but as a necessary element for</p>
<p begin="00:06:07.920" end="00:06:12.390" style="s2">return to the path towards the virtue of</p>
<p begin="00:06:10.710" end="00:06:15.540" style="s2">human race</p>
<p begin="00:06:12.390" end="00:06:17.880" style="s2">and innovation that we needed compared to</p>
<p begin="00:06:15.540" end="00:06:19.920" style="s2">the decline of the state</p>
<p begin="00:06:17.880" end="00:06:21.420" style="s2">if you want to understand the historical moment</p>
<p begin="00:06:19.920" end="00:06:23.700" style="s2">in which we find ourselves and the base</p>
<p begin="00:06:21.420" end="00:06:26.550" style="s2">philosophical and legal that will lead us to</p>
<p begin="00:06:23.700" end="00:06:30.090" style="s2">live in the citadels of bitcoin without</p>
<p begin="00:06:26.550" end="00:06:33.170" style="s2">more I leave you with the pod</p>
<p begin="00:06:30.090" end="00:06:33.170" style="s2">[Music]</p>
<p begin="00:06:33.820" end="00:06:38.850" style="s2">good morning to the man very good that the</p>
<p begin="00:06:36.550" end="00:06:41.030" style="s2">moon like these</p>
<p begin="00:06:38.850" end="00:06:42.680" style="s2">slowly</p>
<p begin="00:06:41.030" end="00:06:44.790" style="s2">I really want this</p>
<p begin="00:06:42.680" end="00:06:47.390" style="s2">conversation</p>
<p begin="00:06:44.790" end="00:06:50.280" style="s2">I am very expectant with this topic and</p>
<p begin="00:06:47.390" end="00:06:54.200" style="s2">now we will shell it out but it is a</p>
<p begin="00:06:50.280" end="00:06:54.200" style="s2">topic that has surprised me</p>
<p begin="00:06:54.350" end="00:07:00.320" style="s2">I guess because I haven&#39;t tried it before and</p>
<p begin="00:06:57.430" end="00:07:03.080" style="s2">what I have I am expecting so that</p>
<p begin="00:07:00.320" end="00:07:04.760" style="s2">Enlighten me, it&#39;s a little better either</p>
<p begin="00:07:03.080" end="00:07:06.290" style="s2">let&#39;s set expectations too high</p>
<p begin="00:07:04.760" end="00:07:07.480" style="s2">that later you know what to say to comply</p>
<p begin="00:07:06.290" end="00:07:09.830" style="s2">the</p>
<p begin="00:07:07.480" end="00:07:12.170" style="s2">normal expectations but good</p>
<p begin="00:07:09.830" end="00:07:15.220" style="s2">Let&#39;s start because you are Álvaro de</p>
<p begin="00:07:12.170" end="00:07:18.440" style="s2">Mariah and well</p>
<p begin="00:07:15.220" end="00:07:20.900" style="s2">I think the pertinent question here is</p>
<p begin="00:07:18.440" end="00:07:23.540" style="s2">a little talk about what is your background</p>
<p begin="00:07:20.900" end="00:07:26.180" style="s2">or your training and if you could explain</p>
<p begin="00:07:23.540" end="00:07:29.150" style="s2">how was your fall down the rabbit hole</p>
<p begin="00:07:26.180" end="00:07:32.120" style="s2">which is a question that is asked as very</p>
<p begin="00:07:29.150" end="00:07:35.660" style="s2">typical but in your case it seems to me</p>
<p begin="00:07:32.120" end="00:07:37.150" style="s2">of special interest that you tell how it was</p>
<p begin="00:07:35.660" end="00:07:40.370" style="s2">that experience</p>
<p begin="00:07:37.150" end="00:07:42.930" style="s2">Well I studied law and philosophy in</p>
<p begin="00:07:40.370" end="00:07:44.759" style="s2">the complutense university of madrid</p>
<p begin="00:07:42.930" end="00:07:46.919" style="s2">and then studied a master&#39;s degree in auditing</p>
<p begin="00:07:44.759" end="00:07:47.990" style="s2">senior accounting on the board of</p>
<p begin="00:07:46.919" end="00:07:49.830" style="s2">economists</p>
<p begin="00:07:47.990" end="00:07:51.900" style="s2">so so to speak I have like a</p>
<p begin="00:07:49.830" end="00:07:53.940" style="s2">very complete training</p>
<p begin="00:07:51.900" end="00:07:56.400" style="s2">who aspires a little to technology between</p>
<p begin="00:07:53.940" end="00:07:59.610" style="s2">quotes not to treat the times a</p>
<p begin="00:07:56.400" end="00:08:02.520" style="s2">very general worldview of reality</p>
<p begin="00:07:59.610" end="00:08:04.340" style="s2">political and social reality and other</p>
<p begin="00:08:02.520" end="00:08:06.199" style="s2">then of course</p>
<p begin="00:08:04.340" end="00:08:08.410" style="s2">and I, for example, have a lot of training</p>
<p begin="00:08:06.199" end="00:08:10.100" style="s2">in matters of theory of the state</p>
<p begin="00:08:08.410" end="00:08:13.160" style="s2">specialized a lot of social employment</p>
<p begin="00:08:10.100" end="00:08:15.190" style="s2">law and in this type of matter</p>
<p begin="00:08:13.160" end="00:08:17.380" style="s2">and of course</p>
<p begin="00:08:15.190" end="00:08:18.940" style="s2">And when I started studying topics</p>
<p begin="00:08:17.380" end="00:08:20.709" style="s2">monetary than to study this type of</p>
<p begin="00:08:18.940" end="00:08:22.969" style="s2">issues</p>
<p begin="00:08:20.709" end="00:08:24.589" style="s2">evidently disco and called me a little</p>
<p begin="00:08:22.969" end="00:08:27.610" style="s2">attention and start to look at it a little</p>
<p begin="00:08:24.589" end="00:08:31.360" style="s2">above and so on but do not finish</p>
<p begin="00:08:27.610" end="00:08:33.880" style="s2">how to pick it up well in quotes no</p>
<p begin="00:08:31.360" end="00:08:37.180" style="s2">to fully grasp it can</p>
<p begin="00:08:33.880" end="00:08:39.370" style="s2">understand it well but as in 2017 2016</p>
<p begin="00:08:37.180" end="00:08:41.229" style="s2">one thing yes to study it but it does not end</p>
<p begin="00:08:39.370" end="00:08:43.300" style="s2">I didn&#39;t understand it very well</p>
<p begin="00:08:41.229" end="00:08:45.519" style="s2">Well, my fall from the burrow with the</p>
<p begin="00:08:43.300" end="00:08:47.079" style="s2">very specific issue was not with the program</p>
<p begin="00:08:45.519" end="00:08:49.899" style="s2">from Manuel&#39;s garden by the old woman</p>
<p begin="00:08:47.079" end="00:08:51.880" style="s2">emeritus that intern and adolfo contreras and</p>
<p begin="00:08:49.899" end="00:08:54.010" style="s2">there it did click me no and from</p>
<p begin="00:08:51.880" end="00:08:56.980" style="s2">then when a session becomes</p>
<p begin="00:08:54.010" end="00:08:59.070" style="s2">Complete because I kind of puzzle</p>
<p begin="00:08:56.980" end="00:09:01.480" style="s2">mental in quotes</p>
<p begin="00:08:59.070" end="00:09:03.610" style="s2">Victor</p>
<p begin="00:09:01.480" end="00:09:04.990" style="s2">It solved a certain problem that I had</p>
<p begin="00:09:03.610" end="00:09:07.060" style="s2">as very pending that he had left a</p>
<p begin="00:09:04.990" end="00:09:08.410" style="s2">little parked it was as if they are going to</p>
<p begin="00:09:07.060" end="00:09:10.709" style="s2">restructure political societies</p>
<p begin="00:09:08.410" end="00:09:13.329" style="s2">after a state crisis</p>
<p begin="00:09:10.709" end="00:09:15.459" style="s2">then there it clicked but then</p>
<p begin="00:09:13.329" end="00:09:17.110" style="s2">don&#39;t stop studying it don&#39;t stop de</p>
<p begin="00:09:15.459" end="00:09:20.260" style="s2">thinking about it and I jumped</p>
<p begin="00:09:17.110" end="00:09:21.639" style="s2">practically a year 68 hours a day without</p>
<p begin="00:09:20.260" end="00:09:23.240" style="s2">stop spinning this and</p>
<p begin="00:09:21.639" end="00:09:26.089" style="s2">study it</p>
<p begin="00:09:23.240" end="00:09:28.579" style="s2">and well, a little book has come out</p>
<p begin="00:09:26.089" end="00:09:31.069" style="s2">and we will talk now about what I know because I know it</p>
<p begin="00:09:28.579" end="00:09:32.949" style="s2">you counted out depot gave me the feeling</p>
<p begin="00:09:31.069" end="00:09:35.569" style="s2">also that you are a person</p>
<p begin="00:09:32.949" end="00:09:37.459" style="s2">one of these who gets up in the morning and</p>
<p begin="00:09:35.569" end="00:09:40.490" style="s2">a bit and has a structure of everything</p>
<p begin="00:09:37.459" end="00:09:43.519" style="s2">its day and then you fell from the</p>
<p begin="00:09:40.490" end="00:09:46.009" style="s2">burrow was like structuring t all</p>
<p begin="00:09:43.519" end="00:09:49.730" style="s2">your free hours in what is over</p>
<p begin="00:09:46.009" end="00:09:52.790" style="s2">turning almost a year to study and</p>
<p begin="00:09:49.730" end="00:09:54.860" style="s2">to incorporate, as you have said, that</p>
<p begin="00:09:52.790" end="00:09:58.100" style="s2">bitcoin knowledge to your</p>
<p begin="00:09:54.860" end="00:10:01.399" style="s2">knowledge why bitcoin came to</p>
<p begin="00:09:58.100" end="00:10:03.499" style="s2">fill a void a missing link that</p>
<p begin="00:10:01.399" end="00:10:07.249" style="s2">you didn&#39;t know how to fill it in no and</p>
<p begin="00:10:03.499" end="00:10:09.860" style="s2">so it&#39;s your downfall it was a crazy study</p>
<p begin="00:10:07.249" end="00:10:11.779" style="s2">every day we fully achieve a</p>
<p begin="00:10:09.860" end="00:10:14.300" style="s2">pressure I launched at five in the</p>
<p begin="00:10:11.779" end="00:10:15.800" style="s2">tomorrow practically every day and I</p>
<p begin="00:10:14.300" end="00:10:18.439" style="s2">I start to study I start to see</p>
<p begin="00:10:15.800" end="00:10:20.870" style="s2">youtube practically because reading</p>
<p begin="00:10:18.439" end="00:10:22.579" style="s2">It is very good but it is true to read</p>
<p begin="00:10:20.870" end="00:10:24.439" style="s2">Well, for dedicating a very specific part</p>
<p begin="00:10:22.579" end="00:10:26.629" style="s2">of time to the level of concentration and</p>
<p begin="00:10:24.439" end="00:10:28.910" style="s2">others but nevertheless with youtube with</p>
<p begin="00:10:26.629" end="00:10:31.069" style="s2">other podcasts and others may be well</p>
<p begin="00:10:28.910" end="00:10:32.689" style="s2">while you go to work while walking</p>
<p begin="00:10:31.069" end="00:10:34.220" style="s2">while you take the dog out mind to do</p>
<p begin="00:10:32.689" end="00:10:35.720" style="s2">anything becomes a</p>
<p begin="00:10:34.220" end="00:10:37.009" style="s2">fine rain that gradually falls and</p>
<p begin="00:10:35.720" end="00:10:38.889" style="s2">at the end home absorbing a volume</p>
<p begin="00:10:37.009" end="00:10:40.259" style="s2">not of immense knowledge</p>
<p begin="00:10:38.889" end="00:10:42.029" style="s2">and that</p>
<p begin="00:10:40.259" end="00:10:45.910" style="s2">it was</p>
<p begin="00:10:42.029" end="00:10:48.009" style="s2">for all podcasts all</p>
<p begin="00:10:45.910" end="00:10:50.230" style="s2">articles all interviews everything</p>
<p begin="00:10:48.009" end="00:10:53.920" style="s2">what can be said everything was with</p>
<p begin="00:10:50.230" end="00:10:55.389" style="s2">she does not pass this year practically we</p>
<p begin="00:10:53.920" end="00:10:57.910" style="s2">we put a year after the garden that is</p>
<p begin="00:10:55.389" end="00:11:00.459" style="s2">that we are leaving like May 2021 ago</p>
<p begin="00:10:57.910" end="00:11:02.919" style="s2">practically five months and suddenly</p>
<p begin="00:11:00.459" end="00:11:04.949" style="s2">five days after what you</p>
<p begin="00:11:02.919" end="00:11:07.509" style="s2">Do you think it&#39;s worth I already have everything</p>
<p begin="00:11:04.949" end="00:11:08.369" style="s2">fitted all my bitcoin pieces have</p>
<p begin="00:11:07.509" end="00:11:11.069" style="s2">embedded</p>
<p begin="00:11:08.369" end="00:11:15.069" style="s2">five days after that time</p>
<p begin="00:11:11.069" end="00:11:19.839" style="s2">you write a book in five days</p>
<p begin="00:11:15.069" end="00:11:22.509" style="s2">start and finish nonstop and it is said</p>
<p begin="00:11:19.839" end="00:11:23.589" style="s2">I was literally working at the time</p>
<p begin="00:11:22.509" end="00:11:25.959" style="s2">because there is a little reduction</p>
<p begin="00:11:23.589" end="00:11:27.939" style="s2">working day at that time of nine</p>
<p begin="00:11:25.959" end="00:11:30.860" style="s2">at half past six or so then</p>
<p begin="00:11:27.939" end="00:11:33.470" style="s2">finish work and could write to me</p>
<p begin="00:11:30.860" end="00:11:35.900" style="s2">I have two very good friends and not yet</p>
<p begin="00:11:33.470" end="00:11:38.240" style="s2">I was sending each one of the</p>
<p begin="00:11:35.900" end="00:11:40.100" style="s2">chapters that I was writing</p>
<p begin="00:11:38.240" end="00:11:42.050" style="s2">They were checking and literally two</p>
<p begin="00:11:40.100" end="00:11:43.520" style="s2">chapters a day had just started</p>
<p begin="00:11:42.050" end="00:11:45.950" style="s2">write at 7 p.m. and finished</p>
<p begin="00:11:43.520" end="00:11:47.630" style="s2">at two in the morning something like that and the</p>
<p begin="00:11:45.950" end="00:11:49.670" style="s2">book came out because I share a part</p>
<p begin="00:11:47.630" end="00:11:52.760" style="s2">little long but five days we are going a</p>
<p begin="00:11:49.670" end="00:11:54.140" style="s2">little that has come out as well as the</p>
<p begin="00:11:52.760" end="00:11:56.510" style="s2">stroke of genius in quotes that</p>
<p begin="00:11:54.140" end="00:11:58.490" style="s2">comes out suddenly to see say that this book</p>
<p begin="00:11:56.510" end="00:12:01.880" style="s2">this book has not been published in fact</p>
<p begin="00:11:58.490" end="00:12:03.620" style="s2">is looking for a publisher and publisher who</p>
<p begin="00:12:01.880" end="00:12:07.640" style="s2">can publish both in Spanish and in</p>
<p begin="00:12:03.620" end="00:12:09.080" style="s2">in the very near future in English and I</p>
<p begin="00:12:07.640" end="00:12:11.420" style="s2">I have been lucky that well</p>
<p begin="00:12:09.080" end="00:12:13.790" style="s2">that contacts me this that that me</p>
<p begin="00:12:11.420" end="00:12:15.080" style="s2">you wrote this summer write me have</p>
<p begin="00:12:13.790" end="00:12:17.600" style="s2">arrived I am lucky that they have</p>
<p begin="00:12:15.080" end="00:12:20.540" style="s2">arrived other drafts of books and by</p>
<p begin="00:12:17.600" end="00:12:22.970" style="s2">example he passed me a technical part</p>
<p begin="00:12:20.540" end="00:12:24.440" style="s2">of his book and we were like</p>
<p begin="00:12:22.970" end="00:12:26.450" style="s2">reviewing but I&#39;m fatal of time</p>
<p begin="00:12:24.440" end="00:12:28.400" style="s2">always and also when someone asks me</p>
<p begin="00:12:26.450" end="00:12:29.480" style="s2">Today he cares to take a look at him</p>
<p begin="00:12:28.400" end="00:12:31.670" style="s2">book</p>
<p begin="00:12:29.480" end="00:12:34.279" style="s2">without caring I don&#39;t care or what happens</p>
<p begin="00:12:31.670" end="00:12:36.079" style="s2">I don&#39;t know when I&#39;ll be able to do it and I think</p>
<p begin="00:12:34.279" end="00:12:39.470" style="s2">that your book fell into my hands in a</p>
<p begin="00:12:36.079" end="00:12:41.779" style="s2">moment as very sweet was ending</p>
<p begin="00:12:39.470" end="00:12:44.779" style="s2">from reading atlas shrugged and how</p>
<p begin="00:12:41.779" end="00:12:47.480" style="s2">I was with that monkey to keep reading and</p>
<p begin="00:12:44.779" end="00:12:49.660" style="s2">gave him the opportunity and there was something that</p>
<p begin="00:12:47.480" end="00:12:52.010" style="s2">hook is that it is very brief</p>
<p begin="00:12:49.660" end="00:12:54.949" style="s2">So it was like I didn&#39;t care</p>
<p begin="00:12:52.010" end="00:12:57.529" style="s2">read one more chapter and one more chapter and</p>
<p begin="00:12:54.949" end="00:12:59.180" style="s2">without wanting to, you plant yourself at the end and I</p>
<p begin="00:12:57.529" end="00:13:01.160" style="s2">I think if there is a way to explain</p>
<p begin="00:12:59.180" end="00:13:03.560" style="s2">to define this book is these books</p>
<p begin="00:13:01.160" end="00:13:06.829" style="s2">finitos that we have that are the best</p>
<p begin="00:13:03.560" end="00:13:10.070" style="s2">what is like inventing bitcoin or what</p>
<p begin="00:13:06.829" end="00:13:13.100" style="s2">there are 90 pages or these fine ones that it has</p>
<p begin="00:13:10.070" end="00:13:15.620" style="s2">antonopoulos that since it is not like a</p>
<p begin="00:13:13.100" end="00:13:18.350" style="s2">bitcoin pattern that scares you that you see 200</p>
<p begin="00:13:15.620" end="00:13:21.260" style="s2">300 pages and you say uff no no this is</p>
<p begin="00:13:18.350" end="00:13:23.750" style="s2">short and it fits me very well and that&#39;s why</p>
<p begin="00:13:21.260" end="00:13:26.120" style="s2">that dazzled me but of course I began to</p>
<p begin="00:13:23.750" end="00:13:28.279" style="s2">pull the thread and well now today</p>
<p begin="00:13:26.120" end="00:13:30.290" style="s2">We will talk about the book, we will break it down</p>
<p begin="00:13:28.279" end="00:13:32.240" style="s2">shortly before its publication</p>
<p begin="00:13:30.290" end="00:13:34.310" style="s2">I hope that it causes a lot of formation and that that</p>
<p begin="00:13:32.240" end="00:13:36.019" style="s2">cause people to press any</p>
<p begin="00:13:34.310" end="00:13:37.430" style="s2">publisher to publish it because</p>
<p begin="00:13:36.019" end="00:13:39.110" style="s2">I think we are always translating</p>
<p begin="00:13:37.430" end="00:13:41.180" style="s2">English works</p>
<p begin="00:13:39.110" end="00:13:43.220" style="s2">these wonderful little works</p>
<p begin="00:13:41.180" end="00:13:45.850" style="s2">They always come translated from English and</p>
<p begin="00:13:43.220" end="00:13:48.649" style="s2">this looks like a play to me</p>
<p begin="00:13:45.850" end="00:13:50.990" style="s2">perfect to give to any guy</p>
<p begin="00:13:48.649" end="00:13:53.509" style="s2">of a person but that does not stay in the</p>
<p begin="00:13:50.990" end="00:13:55.370" style="s2">superficial that does not stay in bitcoin</p>
<p begin="00:13:53.509" end="00:13:58.009" style="s2">It is another form of money no no no</p>
<p begin="00:13:55.370" end="00:14:02.209" style="s2">here it is I can give it to my father</p>
<p begin="00:13:58.009" end="00:14:04.009" style="s2">or my grandfather and he will be able to</p>
<p begin="00:14:02.209" end="00:14:07.100" style="s2">understand the importance of bitcoin but</p>
<p begin="00:14:04.009" end="00:14:08.660" style="s2">in a sphere that seems to me very</p>
<p begin="00:14:07.100" end="00:14:10.850" style="s2">interesting because it had not been touched or</p>
<p begin="00:14:08.660" end="00:14:12.620" style="s2">at least i hadn&#39;t seen it that way</p>
<p begin="00:14:10.850" end="00:14:14.720" style="s2">other books so I congratulate you</p>
<p begin="00:14:12.620" end="00:14:16.970" style="s2">I appreciate that you count on me for</p>
<p begin="00:14:14.720" end="00:14:19.069" style="s2">this previous reading and I really hope</p>
<p begin="00:14:16.970" end="00:14:22.819" style="s2">for the good of all that this is</p>
<p begin="00:14:19.069" end="00:14:24.679" style="s2">publish soon said this álvaro</p>
<p begin="00:14:22.819" end="00:14:26.720" style="s2">let&#39;s jump to the book the book to me</p>
<p begin="00:14:24.679" end="00:14:28.850" style="s2">It has arrived with a title, I don&#39;t know if it&#39;s the</p>
<p begin="00:14:26.720" end="00:14:32.809" style="s2">professional or tentative philosophy</p>
<p begin="00:14:28.850" end="00:14:36.009" style="s2">of bitcoin and the book for me like that</p>
<p begin="00:14:32.809" end="00:14:38.839" style="s2">is built on a state of crisis</p>
<p begin="00:14:36.009" end="00:14:41.539" style="s2">in which you say that good is a state</p>
<p begin="00:14:38.839" end="00:14:43.720" style="s2">of crisis in which we are living</p>
<p begin="00:14:41.539" end="00:14:45.919" style="s2">without many realizing there is</p>
<p begin="00:14:43.720" end="00:14:47.479" style="s2">some who are beginning to realize</p>
<p begin="00:14:45.919" end="00:14:49.850" style="s2">they are making us blind that we are</p>
<p begin="00:14:47.479" end="00:14:52.309" style="s2">in a state of crisis you speak in</p>
<p begin="00:14:49.850" end="00:14:55.669" style="s2">concrete of two crises that have gone</p>
<p begin="00:14:52.309" end="00:14:58.910" style="s2">aggravating and that thanks to bitcoin or by</p>
<p begin="00:14:55.669" end="00:15:01.129" style="s2">cause of bitcoin because they almost do not have</p>
<p begin="00:14:58.910" end="00:15:03.649" style="s2">going backwards, no, you can&#39;t, no</p>
<p begin="00:15:01.129" end="00:15:04.999" style="s2">we can return to the previous state later</p>
<p begin="00:15:03.649" end="00:15:06.739" style="s2">I also really like that you define</p>
<p begin="00:15:04.999" end="00:15:08.929" style="s2">crisis because of course a crisis yes</p>
<p begin="00:15:06.739" end="00:15:10.699" style="s2">I understand that it is something like a</p>
<p begin="00:15:08.929" end="00:15:12.339" style="s2">bad moment not a moment of impasse a</p>
<p begin="00:15:10.699" end="00:15:14.949" style="s2">moment when</p>
<p begin="00:15:12.339" end="00:15:17.319" style="s2">to skinny dog ​​all are fleas but the</p>
<p begin="00:15:14.949" end="00:15:19.720" style="s2">your definition of crisis is a</p>
<p begin="00:15:17.319" end="00:15:23.949" style="s2">judgment that involves judging again the</p>
<p begin="00:15:19.720" end="00:15:25.600" style="s2">usual criteria a judgment of judgment</p>
<p begin="00:15:23.949" end="00:15:27.129" style="s2">or as Francisco would say, they find that</p>
<p begin="00:15:25.600" end="00:15:30.189" style="s2">that&#39;s why I relate it a lot in the</p>
<p begin="00:15:27.129" end="00:15:32.949" style="s2">atlas shrugged is a crisis implies</p>
<p begin="00:15:30.189" end="00:15:36.939" style="s2">reevaluate its premises such as that</p>
<p begin="00:15:32.949" end="00:15:39.189" style="s2">you have some knowledge that you</p>
<p begin="00:15:36.939" end="00:15:41.829" style="s2">you consider them to be your pillars and a</p>
<p begin="00:15:39.189" end="00:15:44.620" style="s2">crisis is to reassess whether those pillars are</p>
<p begin="00:15:41.829" end="00:15:46.480" style="s2">they are such I do not open what crisis is</p>
<p begin="00:15:44.620" end="00:15:47.939" style="s2">living all humanity because of</p>
<p begin="00:15:46.480" end="00:15:50.269" style="s2">bitcoin now</p>
<p begin="00:15:47.939" end="00:15:52.589" style="s2">I think we are facing a crisis</p>
<p begin="00:15:50.269" end="00:15:55.169" style="s2">during two crises mainly the</p>
<p begin="00:15:52.589" end="00:15:56.849" style="s2">crisis of the state that is a form of</p>
<p begin="00:15:55.169" end="00:15:59.279" style="s2">very specific policy and I believe that this</p>
<p begin="00:15:56.849" end="00:16:02.159" style="s2">It is the main mistake that is committed in</p>
<p begin="00:15:59.279" end="00:16:04.169" style="s2">terms of political philosophy is not the</p>
<p begin="00:16:02.159" end="00:16:05.579" style="s2">identify the state with the form</p>
<p begin="00:16:04.169" end="00:16:08.309" style="s2">normal policy or with the policy form</p>
<p begin="00:16:05.579" end="00:16:10.199" style="s2">today this is a very political form</p>
<p begin="00:16:08.309" end="00:16:11.369" style="s2">concrete and very peculiar and then</p>
<p begin="00:16:10.199" end="00:16:13.319" style="s2">we will go into that matter if you want</p>
<p begin="00:16:11.369" end="00:16:16.049" style="s2">because it is an important part of this</p>
<p begin="00:16:13.319" end="00:16:18.290" style="s2">podcast and the book and the other great</p>
<p begin="00:16:16.049" end="00:16:20.509" style="s2">crisis is the crisis</p>
<p begin="00:16:18.290" end="00:16:24.100" style="s2">of political authority in the sense</p>
<p begin="00:16:20.509" end="00:16:26.000" style="s2">of pegged to the currency undoubtedly</p>
<p begin="00:16:24.100" end="00:16:27.230" style="s2">that is already a topic that has been</p>
<p begin="00:16:26.000" end="00:16:29.089" style="s2">treated on other occasions and on other</p>
<p begin="00:16:27.230" end="00:16:31.399" style="s2">books the record I think it&#39;s going to</p>
<p begin="00:16:29.089" end="00:16:33.980" style="s2">introduce a very significant crisis</p>
<p begin="00:16:31.399" end="00:16:36.949" style="s2">in that in the connection that we have of the</p>
<p begin="00:16:33.980" end="00:16:39.139" style="s2">currency in a broad sense, not in the</p>
<p begin="00:16:36.949" end="00:16:40.940" style="s2">sense that the currency is pegged</p>
<p begin="00:16:39.139" end="00:16:42.949" style="s2">to the political authority the money</p>
<p begin="00:16:40.940" end="00:16:45.130" style="s2">it is always a state money a money</p>
<p begin="00:16:42.949" end="00:16:48.010" style="s2">which depends on a validation</p>
<p begin="00:16:45.130" end="00:16:51.260" style="s2">state not</p>
<p begin="00:16:48.010" end="00:16:55.040" style="s2">here what you have mentioned now is that</p>
<p begin="00:16:51.260" end="00:16:58.209" style="s2">The crisis we are experiencing is that of</p>
<p begin="00:16:55.040" end="00:17:01.749" style="s2">the currency and the state</p>
<p begin="00:16:58.209" end="00:17:04.720" style="s2">and obviously I&#39;m going to jump right into</p>
<p begin="00:17:01.749" end="00:17:07.750" style="s2">talking about both I am very interested in the one of the</p>
<p begin="00:17:04.720" end="00:17:11.770" style="s2">been but I also liked reading</p>
<p begin="00:17:07.750" end="00:17:13.270" style="s2">in the book that it is curious that the</p>
<p begin="00:17:11.770" end="00:17:15.669" style="s2">people are not realizing that</p>
<p begin="00:17:13.270" end="00:17:18.579" style="s2">we are in a crisis or that people</p>
<p begin="00:17:15.669" end="00:17:22.120" style="s2">makes the blind in front of this situation</p>
<p begin="00:17:18.579" end="00:17:24.459" style="s2">and there in the book you talk about what</p>
<p begin="00:17:22.120" end="00:17:26.350" style="s2">important or how difficult it is to talk</p>
<p begin="00:17:24.459" end="00:17:29.200" style="s2">with beliefs like that we have some</p>
<p begin="00:17:26.350" end="00:17:32.350" style="s2">deep-rooted beliefs no and that you are</p>
<p begin="00:17:29.200" end="00:17:34.059" style="s2">two crises are closely related to two</p>
<p begin="00:17:32.350" end="00:17:35.399" style="s2">beliefs could not develop a</p>
<p begin="00:17:34.059" end="00:17:38.529" style="s2">little more this is</p>
<p begin="00:17:35.399" end="00:17:40.179" style="s2">beliefs so to speak do not hold</p>
<p begin="00:17:38.529" end="00:17:41.590" style="s2">They are part of the environment in which we</p>
<p begin="00:17:40.179" end="00:17:44.919" style="s2">we move and constitute ourselves in a way</p>
<p begin="00:17:41.590" end="00:17:46.210" style="s2">very personal and very intimate, not for that reason very</p>
<p begin="00:17:44.919" end="00:17:48.610" style="s2">hard</p>
<p begin="00:17:46.210" end="00:17:50.409" style="s2">to discuss any issue with</p>
<p begin="00:17:48.610" end="00:17:52.450" style="s2">this because a person when he enters</p>
<p begin="00:17:50.409" end="00:17:54.940" style="s2">crisis a belief enters a crisis</p>
<p begin="00:17:52.450" end="00:17:57.309" style="s2">we find ourselves as a kind of abyss</p>
<p begin="00:17:54.940" end="00:18:00.039" style="s2">Between us we don&#39;t know how to get out</p>
<p begin="00:17:57.309" end="00:18:02.350" style="s2">we do not know how to advance how</p>
<p begin="00:18:00.039" end="00:18:03.960" style="s2">to continue in particular in the crises of</p>
<p begin="00:18:02.350" end="00:18:06.070" style="s2">political ideas</p>
<p begin="00:18:03.960" end="00:18:07.270" style="s2">we need a new tool for</p>
<p begin="00:18:06.070" end="00:18:09.940" style="s2">that allows us to get out of that situation</p>
<p begin="00:18:07.270" end="00:18:12.250" style="s2">in which we find ourselves and these ideas</p>
<p begin="00:18:09.940" end="00:18:14.620" style="s2">these new ideas that appear are the</p>
<p begin="00:18:12.250" end="00:18:16.960" style="s2">that allow us to overcome that no but</p>
<p begin="00:18:14.620" end="00:18:18.940" style="s2">realize that certain ideas</p>
<p begin="00:18:16.960" end="00:18:20.860" style="s2">policies are entering into crisis or</p>
<p begin="00:18:18.940" end="00:18:23.289" style="s2">certain beliefs are coming into</p>
<p begin="00:18:20.860" end="00:18:25.899" style="s2">crisis is something that not everyone knows</p>
<p begin="00:18:23.289" end="00:18:28.210" style="s2">realize of lyon or so it is very</p>
<p begin="00:18:25.899" end="00:18:30.159" style="s2">difficult to try to reason or</p>
<p begin="00:18:28.210" end="00:18:32.380" style="s2">talk to a person who still knows</p>
<p begin="00:18:30.159" end="00:18:33.900" style="s2">lies within that belief</p>
<p begin="00:18:32.380" end="00:18:36.550" style="s2">to cope</p>
<p begin="00:18:33.900" end="00:18:39.220" style="s2">I believe that, for example, a large part of</p>
<p begin="00:18:36.550" end="00:18:41.230" style="s2">those of the criticism that bitcoin receives</p>
<p begin="00:18:39.220" end="00:18:43.360" style="s2">they go because people still move</p>
<p begin="00:18:41.230" end="00:18:44.800" style="s2">inside disaster defeat us they are not able</p>
<p begin="00:18:43.360" end="00:18:48.670" style="s2">to assimilate that those beliefs have</p>
<p begin="00:18:44.800" end="00:18:51.010" style="s2">entered into crisis and are so to speak</p>
<p begin="00:18:48.670" end="00:18:53.440" style="s2">that is the natural way to react in</p>
<p begin="00:18:51.010" end="00:18:55.150" style="s2">against against those who attack those</p>
<p begin="00:18:53.440" end="00:18:57.250" style="s2">beliefs because they are part of them</p>
<p begin="00:18:55.150" end="00:18:59.410" style="s2">themselves are not part of what</p>
<p begin="00:18:57.250" end="00:19:01.300" style="s2">constitutes then if you attack those</p>
<p begin="00:18:59.410" end="00:19:03.070" style="s2">beliefs fail the state another house the</p>
<p begin="00:19:01.300" end="00:19:04.870" style="s2">fiat money or attack another type of</p>
<p begin="00:19:03.070" end="00:19:06.400" style="s2">issues later will be like an attack</p>
<p begin="00:19:04.870" end="00:19:09.370" style="s2">staff then it is very easy to</p>
<p begin="00:19:06.400" end="00:19:11.850" style="s2">scramble or reject them from start</p>
<p begin="00:19:09.370" end="00:19:14.760" style="s2">make a very bad impression on them</p>
<p begin="00:19:11.850" end="00:19:17.520" style="s2">I like this because I would give it would be a</p>
<p begin="00:19:14.760" end="00:19:20.130" style="s2">good explanation to this not to what</p>
<p begin="00:19:17.520" end="00:19:22.320" style="s2">you sometimes sit with people very much like you</p>
<p begin="00:19:20.130" end="00:19:24.390" style="s2">you have a high esteem or</p>
<p begin="00:19:22.320" end="00:19:26.640" style="s2">do you consider educated people</p>
<p begin="00:19:24.390" end="00:19:29.190" style="s2">dialogue and that to whom you speak a</p>
<p begin="00:19:26.640" end="00:19:31.220" style="s2">bit of bitcoin and you explain to them what</p>
<p begin="00:19:29.190" end="00:19:34.850" style="s2">they raise at least on the monetary side</p>
<p begin="00:19:31.220" end="00:19:36.900" style="s2">and you see how it stirs, no, that is, like</p>
<p begin="00:19:34.850" end="00:19:42.150" style="s2">how are they doing no with their heads</p>
<p begin="00:19:36.900" end="00:19:44.870" style="s2">It&#39;s like who can&#39;t be no and me</p>
<p begin="00:19:42.150" end="00:19:47.820" style="s2">liked this part of understanding that</p>
<p begin="00:19:44.870" end="00:19:50.280" style="s2">who is us bitcoin challenges are</p>
<p begin="00:19:47.820" end="00:19:53.190" style="s2">beliefs are beliefs in this case a</p>
<p begin="00:19:50.280" end="00:19:54.960" style="s2">belief related to the state and by</p>
<p begin="00:19:53.190" end="00:19:57.390" style="s2">another side in the belief related to</p>
<p begin="00:19:54.960" end="00:20:00.030" style="s2">the money that in the end is very sensitive</p>
<p begin="00:19:57.390" end="00:20:01.530" style="s2">because it is what we work for is</p>
<p begin="00:20:00.030" end="00:20:04.640" style="s2">what we stop being with our</p>
<p begin="00:20:01.530" end="00:20:07.660" style="s2">loved ones eight hours a day</p>
<p begin="00:20:04.640" end="00:20:11.750" style="s2">to accumulate money and without if we are</p>
<p begin="00:20:07.660" end="00:20:14.480" style="s2">to challenge money is to challenge well</p>
<p begin="00:20:11.750" end="00:20:17.780" style="s2">our life and there are people who will be in</p>
<p begin="00:20:14.480" end="00:20:20.780" style="s2">their end of work cycle and at the end</p>
<p begin="00:20:17.780" end="00:20:22.690" style="s2">you are challenging all their investment of</p>
<p begin="00:20:20.780" end="00:20:24.350" style="s2">vital time</p>
<p begin="00:20:22.690" end="00:20:27.740" style="s2">exact</p>
<p begin="00:20:24.350" end="00:20:29.360" style="s2">that&#39;s just when you&#39;re posing</p>
<p begin="00:20:27.740" end="00:20:31.430" style="s2">For example, the pension system</p>
<p begin="00:20:29.360" end="00:20:33.440" style="s2">may go bankrupt or may not have or</p>
<p begin="00:20:31.430" end="00:20:36.770" style="s2">receive the pension I expected, I don&#39;t think</p>
<p begin="00:20:33.440" end="00:20:38.840" style="s2">that they wanted automatically no no no the</p>
<p begin="00:20:36.770" end="00:20:40.400" style="s2">state guarantees it to me I have contracted</p>
<p begin="00:20:38.840" end="00:20:42.470" style="s2">a right against the state that goes to me</p>
<p begin="00:20:40.400" end="00:20:44.030" style="s2">to provide not then at the moment in which</p>
<p begin="00:20:42.470" end="00:20:45.980" style="s2">that you realize that this does not have</p>
<p begin="00:20:44.030" end="00:20:48.560" style="s2">why be so that there is no such kind of</p>
<p begin="00:20:45.980" end="00:20:50.270" style="s2">question that is literally saying</p>
<p begin="00:20:48.560" end="00:20:52.490" style="s2">what you have done 30 or 40 percent</p>
<p begin="00:20:50.270" end="00:20:53.450" style="s2">hundred of the time of your life</p>
<p begin="00:20:52.490" end="00:20:54.559" style="s2">is not going to translate into what you</p>
<p begin="00:20:53.450" end="00:20:56.960" style="s2">you expected</p>
<p begin="00:20:54.559" end="00:20:58.220" style="s2">to assume that is obviously a very</p>
<p begin="00:20:56.960" end="00:21:00.590" style="s2">lasts not because it is a belief to which</p>
<p begin="00:20:58.220" end="00:21:01.999" style="s2">act lived and with which you live great</p>
<p begin="00:21:00.590" end="00:21:04.820" style="s2">part of your time then it is very</p>
<p begin="00:21:01.999" end="00:21:07.220" style="s2">difficult to give it up and only</p>
<p begin="00:21:04.820" end="00:21:10.940" style="s2">when you realize that you are</p>
<p begin="00:21:07.220" end="00:21:12.320" style="s2">beliefs and bran because they do not comply with</p>
<p begin="00:21:10.940" end="00:21:14.169" style="s2">the expectations they were meeting</p>
<p begin="00:21:12.320" end="00:21:16.759" style="s2">they are promising</p>
<p begin="00:21:14.169" end="00:21:19.070" style="s2">when it is to that idea or that belief</p>
<p begin="00:21:16.759" end="00:21:21.440" style="s2">enters a crisis no and that&#39;s when</p>
<p begin="00:21:19.070" end="00:21:23.179" style="s2">recovers its historical character for this</p>
<p begin="00:21:21.440" end="00:21:25.580" style="s2">say no to contingent your</p>
<p begin="00:21:23.179" end="00:21:27.559" style="s2">character not required no no is not</p>
<p begin="00:21:25.580" end="00:21:28.879" style="s2">necessary is not is not a prerequisite</p>
<p begin="00:21:27.559" end="00:21:30.190" style="s2">necessary that the state will have to</p>
<p begin="00:21:28.879" end="00:21:32.840" style="s2">guarantee a pension</p>
<p begin="00:21:30.190" end="00:21:34.789" style="s2">that allows you to live the rest of your life</p>
<p begin="00:21:32.840" end="00:21:36.950" style="s2">it&#39;s probably in fact that I can&#39;t</p>
<p begin="00:21:34.789" end="00:21:39.289" style="s2">fulfill it not when you realize that</p>
<p begin="00:21:36.950" end="00:21:40.639" style="s2">you need new ideas new ways of</p>
<p begin="00:21:39.289" end="00:21:42.139" style="s2">acting out new ways of behaving</p>
<p begin="00:21:40.639" end="00:21:44.779" style="s2">new ways to relate color</p>
<p begin="00:21:42.139" end="00:21:46.700" style="s2">others that allow you to overcome that</p>
<p begin="00:21:44.779" end="00:21:48.110" style="s2">crisis of that historical idea, not that of</p>
<p begin="00:21:46.700" end="00:21:50.980" style="s2">that historical belief that enters big</p>
<p begin="00:21:48.110" end="00:21:54.440" style="s2">you need to move into a new belief</p>
<p begin="00:21:50.980" end="00:21:56.269" style="s2">move into a new idea that allows you</p>
<p begin="00:21:54.440" end="00:21:59.830" style="s2">only solve those problems that</p>
<p begin="00:21:56.269" end="00:21:59.830" style="s2">old beliefs no longer allow</p>
<p begin="00:22:00.290" end="00:22:05.290" style="s2">and so many things</p>
<p begin="00:22:03.149" end="00:22:09.220" style="s2">two</p>
<p begin="00:22:05.290" end="00:22:11.680" style="s2">one is the part of the historical idea that</p>
<p begin="00:22:09.220" end="00:22:14.380" style="s2">now now I ask you and the other one of</p>
<p begin="00:22:11.680" end="00:22:15.820" style="s2">the bitcoin community say it because</p>
<p begin="00:22:14.380" end="00:22:19.300" style="s2">sometimes I forget later when I</p>
<p begin="00:22:15.820" end="00:22:21.810" style="s2">I start to ramble and the first thing is what</p>
<p begin="00:22:19.300" end="00:22:25.600" style="s2">what you said is that a belief when</p>
<p begin="00:22:21.810" end="00:22:29.010" style="s2">you overcome them when you uproot her from</p>
<p begin="00:22:25.600" end="00:22:31.930" style="s2">you and you can see it from the outside, no</p>
<p begin="00:22:29.010" end="00:22:34.120" style="s2">you do as the zoom to useful and you understand</p>
<p begin="00:22:31.930" end="00:22:36.730" style="s2">what is the component of that idea and of</p>
<p begin="00:22:34.120" end="00:22:40.120" style="s2">that belief forgiveness become a</p>
<p begin="00:22:36.730" end="00:22:42.070" style="s2">idea not in a concept that you can&#39;t</p>
<p begin="00:22:40.120" end="00:22:44.200" style="s2">well, what to turn around 3d not like</p>
<p begin="00:22:42.070" end="00:22:46.060" style="s2">we would do now with the 3d objects as</p>
<p begin="00:22:44.200" end="00:22:47.740" style="s2">that you can understand and analyze it but</p>
<p begin="00:22:46.060" end="00:22:50.380" style="s2">that then once you have done that you</p>
<p begin="00:22:47.740" end="00:22:53.500" style="s2">you have removed a part of you that abandonment</p>
<p begin="00:22:50.380" end="00:22:56.260" style="s2">It&#39;s not that feeling orphaned is what</p>
<p begin="00:22:53.500" end="00:23:00.070" style="s2">leads you to look for mechanisms to</p>
<p begin="00:22:56.260" end="00:23:02.650" style="s2">cope with that new reality and here it is</p>
<p begin="00:23:00.070" end="00:23:06.140" style="s2">where you incorporated the other point than this</p>
<p begin="00:23:02.650" end="00:23:08.930" style="s2">could be the reason why when</p>
<p begin="00:23:06.140" end="00:23:11.240" style="s2">we started to be interested in bitcoin without</p>
<p begin="00:23:08.930" end="00:23:13.040" style="s2">having done it before we joined a</p>
<p begin="00:23:11.240" end="00:23:16.400" style="s2">telegram community and we started to</p>
<p begin="00:23:13.040" end="00:23:18.230" style="s2">make virtual friends with some</p>
<p begin="00:23:16.400" end="00:23:21.410" style="s2">super strong connections i have friends</p>
<p begin="00:23:18.230" end="00:23:23.540" style="s2">in bitcoin what what what I did</p>
<p begin="00:23:21.410" end="00:23:26.900" style="s2">years that I did not make friends like this</p>
<p begin="00:23:23.540" end="00:23:29.960" style="s2">way and perhaps one of the reasons I just</p>
<p begin="00:23:26.900" end="00:23:32.720" style="s2">to see that there is that connection so</p>
<p begin="00:23:29.960" end="00:23:35.570" style="s2">strong is that because we are people who</p>
<p begin="00:23:32.720" end="00:23:37.300" style="s2">we are uprooting beliefs and that</p>
<p begin="00:23:35.570" end="00:23:40.190" style="s2">we are finding in these communities</p>
<p begin="00:23:37.300" end="00:23:42.710" style="s2">people who are like us looking for</p>
<p begin="00:23:40.190" end="00:23:44.420" style="s2">mechanisms to overcome it not exact</p>
<p begin="00:23:42.710" end="00:23:45.980" style="s2">just about that, this did not look very good</p>
<p begin="00:23:44.420" end="00:23:47.060" style="s2">ortega who has an article</p>
<p begin="00:23:45.980" end="00:23:48.860" style="s2">precisely what is called ideas and</p>
<p begin="00:23:47.060" end="00:23:51.200" style="s2">beliefs in which it develops very well</p>
<p begin="00:23:48.860" end="00:23:53.020" style="s2">all these kinds of issues no and I</p>
<p begin="00:23:51.200" end="00:23:56.060" style="s2">I think it&#39;s totally like that</p>
<p begin="00:23:53.020" end="00:23:57.620" style="s2">precisely for this reason when the state</p>
<p begin="00:23:56.060" end="00:24:00.320" style="s2">is entering a crisis I believe with</p>
<p begin="00:23:57.620" end="00:24:02.149" style="s2">appear new political forms</p>
<p begin="00:24:00.320" end="00:24:04.519" style="s2">The main analysis problem</p>
<p begin="00:24:02.149" end="00:24:07.429" style="s2">equate state political society</p>
<p begin="00:24:04.519" end="00:24:09.710" style="s2">the political community is that it annuls the</p>
<p begin="00:24:07.429" end="00:24:11.779" style="s2">imagination in politics first you analyze</p>
<p begin="00:24:09.710" end="00:24:14.690" style="s2">erroneously the societies and forms</p>
<p begin="00:24:11.779" end="00:24:16.519" style="s2">pre-state policies and second no</p>
<p begin="00:24:14.690" end="00:24:18.230" style="s2">you think of new political forms that</p>
<p begin="00:24:16.519" end="00:24:20.539" style="s2">can be developed</p>
<p begin="00:24:18.230" end="00:24:22.279" style="s2">I think that this is exactly what we are going to</p>
<p begin="00:24:20.539" end="00:24:24.320" style="s2">begin to see and continue in this</p>
<p begin="00:24:22.279" end="00:24:25.759" style="s2">century and in the next are the new</p>
<p begin="00:24:24.320" end="00:24:28.600" style="s2">political forms that will appear</p>
<p begin="00:24:25.759" end="00:24:30.520" style="s2">after the state crisis</p>
<p begin="00:24:28.600" end="00:24:32.650" style="s2">let&#39;s jump right in first</p>
<p begin="00:24:30.520" end="00:24:36.310" style="s2">crisis that I believe is also that of</p>
<p begin="00:24:32.650" end="00:24:38.320" style="s2">the most touched whoever reads the book me</p>
<p begin="00:24:36.310" end="00:24:39.880" style="s2">I think it&#39;s the section, it&#39;s also like</p>
<p begin="00:24:38.320" end="00:24:41.830" style="s2">placed at the beginning and is the section</p>
<p begin="00:24:39.880" end="00:24:44.370" style="s2">that serves for the nowitzki to have a</p>
<p begin="00:24:41.830" end="00:24:46.660" style="s2">way to introduce them</p>
<p begin="00:24:44.370" end="00:24:48.960" style="s2">many of the reasons why</p>
<p begin="00:24:46.660" end="00:24:51.700" style="s2">bitcoin I have not found some aspect</p>
<p begin="00:24:48.960" end="00:24:55.000" style="s2">interesting that I would like to try</p>
<p begin="00:24:51.700" end="00:24:59.130" style="s2">with you that is bitcoin what model of</p>
<p begin="00:24:55.000" end="00:25:01.360" style="s2">currency is the one that is putting in crisis</p>
<p begin="00:24:59.130" end="00:25:04.169" style="s2">In general, the concept of currency in</p>
<p begin="00:25:01.360" end="00:25:06.309" style="s2">crisis because the currency as such appears</p>
<p begin="00:25:04.169" end="00:25:09.340" style="s2">as a way of relating</p>
<p begin="00:25:06.309" end="00:25:10.809" style="s2">economically where trust is</p>
<p begin="00:25:09.340" end="00:25:14.049" style="s2">deposits in the political authority</p>
<p begin="00:25:10.809" end="00:25:17.309" style="s2">where the currency is authorized and</p>
<p begin="00:25:14.049" end="00:25:19.529" style="s2">validated by the political authority</p>
<p begin="00:25:17.309" end="00:25:21.629" style="s2">that&#39;s what ends well with it because</p>
<p begin="00:25:19.529" end="00:25:22.980" style="s2">it does not depend on third parties what can</p>
<p begin="00:25:21.629" end="00:25:24.860" style="s2">seem very strange that when</p>
<p begin="00:25:22.980" end="00:25:27.509" style="s2">you try to explain well to others</p>
<p begin="00:25:24.860" end="00:25:29.820" style="s2">no but the states will kill him no</p>
<p begin="00:25:27.509" end="00:25:31.740" style="s2">but this will depend on someone no but</p>
<p begin="00:25:29.820" end="00:25:34.830" style="s2">if it is known who is behind bitcoin</p>
<p begin="00:25:31.740" end="00:25:36.100" style="s2">its price will be worth zero things of this</p>
<p begin="00:25:34.830" end="00:25:39.580" style="s2">style</p>
<p begin="00:25:36.100" end="00:25:41.010" style="s2">Of course it is fair to put an end to the</p>
<p begin="00:25:39.580" end="00:25:44.410" style="s2">dependence on political authority</p>
<p begin="00:25:41.010" end="00:25:46.690" style="s2">for the issuance of a currency is a</p>
<p begin="00:25:44.410" end="00:25:48.640" style="s2">barbaric is not literally is a</p>
<p begin="00:25:46.690" end="00:25:51.220" style="s2">change in the concrete conception of what</p>
<p begin="00:25:48.640" end="00:25:53.260" style="s2">what is the currency what you say about what</p>
<p begin="00:25:51.220" end="00:25:57.070" style="s2">it really is that we break with the currency</p>
<p begin="00:25:53.260" end="00:25:59.590" style="s2">I do recover an idea that he told me</p>
<p begin="00:25:57.070" end="00:26:01.720" style="s2">daniel fernández in the post of the pri</p>
<p begin="00:25:59.590" end="00:26:06.640" style="s2">mentalism to the gold standard in which in</p>
<p begin="00:26:01.720" end="00:26:09.100" style="s2">theory the coin is usually placed in its</p>
<p begin="00:26:06.640" end="00:26:12.850" style="s2">origin in libya</p>
<p begin="00:26:09.100" end="00:26:14.650" style="s2">correct me if i&#39;m not quite with</p>
<p begin="00:26:12.850" end="00:26:16.360" style="s2">that thesis not here is a very</p>
<p begin="00:26:14.650" end="00:26:18.030" style="s2">interesting that is the philosophy of</p>
<p begin="00:26:16.360" end="00:26:20.470" style="s2">coin of the carlos martín moaning</p>
<p begin="00:26:18.030" end="00:26:22.840" style="s2">where he analyzes precisely that in Libya</p>
<p begin="00:26:20.470" end="00:26:24.370" style="s2">It&#39;s not exactly a coin as such.</p>
<p begin="00:26:22.840" end="00:26:26.230" style="s2">what is there because there is what is there is</p>
<p begin="00:26:24.370" end="00:26:29.669" style="s2">metallic exchanges the mainly</p>
<p begin="00:26:26.230" end="00:26:32.470" style="s2">no but the character of the currency</p>
<p begin="00:26:29.669" end="00:26:33.580" style="s2">is given by the political authority by the</p>
<p begin="00:26:32.470" end="00:26:35.440" style="s2">validation of political authority</p>
<p begin="00:26:33.580" end="00:26:37.299" style="s2">because it no longer depends on individuals</p>
<p begin="00:26:35.440" end="00:26:39.970" style="s2">concretes that exchange those metals</p>
<p begin="00:26:37.299" end="00:26:42.610" style="s2">each other and depends on the trust between</p>
<p begin="00:26:39.970" end="00:26:45.270" style="s2">parts but the validation of the</p>
<p begin="00:26:42.610" end="00:26:47.350" style="s2">political authority already abolishes the</p>
<p begin="00:26:45.270" end="00:26:48.850" style="s2">need for trust between parties</p>
<p begin="00:26:47.350" end="00:26:50.409" style="s2">because trust is placed in the</p>
<p begin="00:26:48.850" end="00:26:52.419" style="s2">remaining political power validates</p>
<p begin="00:26:50.409" end="00:26:55.030" style="s2">that money and that&#39;s where it appears</p>
<p begin="00:26:52.419" end="00:26:57.490" style="s2">currency as such and this is</p>
<p begin="00:26:55.030" end="00:26:59.210" style="s2">places a principle in the plunder add</p>
<p begin="00:26:57.490" end="00:27:02.390" style="s2">No</p>
<p begin="00:26:59.210" end="00:27:05.200" style="s2">even if it&#39;s not correct about lidia me</p>
<p begin="00:27:02.390" end="00:27:08.120" style="s2">I recover what Daniel explained for</p>
<p begin="00:27:05.200" end="00:27:11.630" style="s2">reinforce this idea of ​​putting trust</p>
<p begin="00:27:08.120" end="00:27:15.649" style="s2">in the ruler in that case I think</p>
<p begin="00:27:11.630" end="00:27:19.750" style="s2">he was a king the metals were wearing</p>
<p begin="00:27:15.649" end="00:27:23.659" style="s2">the seal did not remain as faith of purity</p>
<p begin="00:27:19.750" end="00:27:25.460" style="s2">of the amount and then he was just</p>
<p begin="00:27:23.659" end="00:27:27.169" style="s2">a stamp but then the metal left</p>
<p begin="00:27:25.460" end="00:27:30.049" style="s2">reducing until the seal covered</p>
<p begin="00:27:27.169" end="00:27:32.059" style="s2">the entire surface of the metal and so it is</p>
<p begin="00:27:30.049" end="00:27:35.179" style="s2">How is currency created, that is, when</p>
<p begin="00:27:32.059" end="00:27:37.940" style="s2">In the end, a coin is a piece sealed in</p>
<p begin="00:27:35.179" end="00:27:40.640" style="s2">its entirety and that therefore what</p>
<p begin="00:27:37.940" end="00:27:43.220" style="s2">we are doing is respecting that seal</p>
<p begin="00:27:40.640" end="00:27:46.820" style="s2">and who puts that stamp well the authority</p>
<p begin="00:27:43.220" end="00:27:48.409" style="s2">from that moment I already say no no I don&#39;t know</p>
<p begin="00:27:46.820" end="00:27:50.860" style="s2">ok but i think he was a king in the in</p>
<p begin="00:27:48.409" end="00:27:52.630" style="s2">back then</p>
<p begin="00:27:50.860" end="00:27:56.290" style="s2">I liked what you said already</p>
<p begin="00:27:52.630" end="00:27:58.360" style="s2">we stop relating to each other</p>
<p begin="00:27:56.290" end="00:27:59.280" style="s2">Look, look, I&#39;ll give you a piece of metal.</p>
<p begin="00:27:58.360" end="00:28:02.770" style="s2">heavy</p>
<p begin="00:27:59.280" end="00:28:04.960" style="s2">look at the purity and tell me how much I owe you or</p>
<p begin="00:28:02.770" end="00:28:07.330" style="s2">how much do you give me back from this we spend from</p>
<p begin="00:28:04.960" end="00:28:09.400" style="s2">that a no no we are not going to trust that the</p>
<p begin="00:28:07.330" end="00:28:12.330" style="s2">who has put the seal has done it</p>
<p begin="00:28:09.400" end="00:28:16.030" style="s2">well we take away a responsibility</p>
<p begin="00:28:12.330" end="00:28:17.980" style="s2">Exactly this looks very good to put at</p>
<p begin="00:28:16.030" end="00:28:20.080" style="s2">coach has a nature item</p>
<p begin="00:28:17.980" end="00:28:22.059" style="s2">of the company where he analyzes why</p>
<p begin="00:28:20.080" end="00:28:23.500" style="s2">there are companies I would not say the</p>
<p begin="00:28:22.059" end="00:28:24.940" style="s2">conclusion that companies reduce</p>
<p begin="00:28:23.500" end="00:28:26.890" style="s2">transaction costs in what he</p>
<p begin="00:28:24.940" end="00:28:28.840" style="s2">called transaction costs does not</p>
<p begin="00:28:26.890" end="00:28:31.090" style="s2">they gave the nobel for this for this</p>
<p begin="00:28:28.840" end="00:28:33.070" style="s2">article among other things and is that the</p>
<p begin="00:28:31.090" end="00:28:34.690" style="s2">trading posts are a thing</p>
<p begin="00:28:33.070" end="00:28:36.850" style="s2">difficult to understand or comprehend</p>
<p begin="00:28:34.690" end="00:28:41.290" style="s2">It is not that they are all those costs that</p>
<p begin="00:28:36.850" end="00:28:43.539" style="s2">are linked to the exchange but that</p>
<p begin="00:28:41.290" end="00:28:45.879" style="s2">do not materialize in a price no</p>
<p begin="00:28:43.539" end="00:28:48.070" style="s2">because, for example, companies do not</p>
<p begin="00:28:45.879" end="00:28:49.539" style="s2">why these companies</p>
<p begin="00:28:48.070" end="00:28:51.700" style="s2">the concrete article by the barn</p>
<p begin="00:28:49.539" end="00:28:53.169" style="s2">novel that reduce all these costs the</p>
<p begin="00:28:51.700" end="00:28:56.049" style="s2">does not in the price of hiring a</p>
<p begin="00:28:53.169" end="00:28:57.850" style="s2">person not only goes as only included</p>
<p begin="00:28:56.049" end="00:28:59.529" style="s2">not only if they bear in mind the cost per</p>
<p begin="00:28:57.850" end="00:29:01.570" style="s2">the service it provides but all</p>
<p begin="00:28:59.529" end="00:29:03.249" style="s2">learning teaching costs that</p>
<p begin="00:29:01.570" end="00:29:04.779" style="s2">of not having to be interviewing</p>
<p begin="00:29:03.249" end="00:29:06.419" style="s2">constantly to people of not having to</p>
<p begin="00:29:04.779" end="00:29:08.789" style="s2">be dedicating</p>
<p begin="00:29:06.419" end="00:29:11.220" style="s2">and all this time and all this effort</p>
<p begin="00:29:08.789" end="00:29:13.019" style="s2">and money too and resources of all kinds</p>
<p begin="00:29:11.220" end="00:29:15.269" style="s2">of more issues is in this sense the</p>
<p begin="00:29:13.019" end="00:29:16.799" style="s2">currency than a political character when</p>
<p begin="00:29:15.269" end="00:29:17.759" style="s2">It is no longer a matter of envy for</p>
<p begin="00:29:16.799" end="00:29:19.109" style="s2">example that it was an exchange of</p>
<p begin="00:29:17.759" end="00:29:20.850" style="s2">metals between parts because yes that</p>
<p begin="00:29:19.109" end="00:29:23.730" style="s2">they had to need to trust the</p>
<p begin="00:29:20.850" end="00:29:25.649" style="s2">other party until verifying and validating the</p>
<p begin="00:29:23.730" end="00:29:26.970" style="s2">metals that were exchanged but</p>
<p begin="00:29:25.649" end="00:29:28.830" style="s2">reduces transaction costs</p>
<p begin="00:29:26.970" end="00:29:31.259" style="s2">say reduces for example the need to</p>
<p begin="00:29:28.830" end="00:29:32.700" style="s2">qom to check or to verify the</p>
<p begin="00:29:31.259" end="00:29:34.800" style="s2">validity of these coins</p>
<p begin="00:29:32.700" end="00:29:36.360" style="s2">they delivered because</p>
<p begin="00:29:34.800" end="00:29:38.430" style="s2">trust directly in political power</p>
<p begin="00:29:36.360" end="00:29:40.170" style="s2">not everything from headquarters establishes as one</p>
<p begin="00:29:38.430" end="00:29:42.300" style="s2">currency that is valid throughout the territory</p>
<p begin="00:29:40.170" end="00:29:45.030" style="s2">that encompasses, so to speak, that power</p>
<p begin="00:29:42.300" end="00:29:46.290" style="s2">politician and is the one that is trusted and</p>
<p begin="00:29:45.030" end="00:29:47.880" style="s2">that&#39;s the way they are made</p>
<p begin="00:29:46.290" end="00:29:49.500" style="s2">transaction costs not because they already</p>
<p begin="00:29:47.880" end="00:29:52.350" style="s2">you don&#39;t have to validate you don&#39;t have to anymore</p>
<p begin="00:29:49.500" end="00:29:54.180" style="s2">check all that no and that&#39;s why</p>
<p begin="00:29:52.350" end="00:29:55.830" style="s2">ends up establishing now we have</p>
<p begin="00:29:54.180" end="00:29:58.500" style="s2">That is precisely a great disadvantage.</p>
<p begin="00:29:55.830" end="00:30:00.690" style="s2">of bitcoin or that greatly oppresses but</p>
<p begin="00:29:58.500" end="00:30:02.670" style="s2">normally transaction costs you don&#39;t</p>
<p begin="00:30:00.690" end="00:30:04.800" style="s2">you have to depend on a third party</p>
<p begin="00:30:02.670" end="00:30:06.780" style="s2">you have to wait practically nothing</p>
<p begin="00:30:04.800" end="00:30:09.030" style="s2">you have to trust no one you can</p>
<p begin="00:30:06.780" end="00:30:11.820" style="s2">review absolutely everything is</p>
<p begin="00:30:09.030" end="00:30:15.050" style="s2">unstoppable you don&#39;t need to change to another</p>
<p begin="00:30:11.820" end="00:30:15.050" style="s2">currency for transactions</p>
<p begin="00:30:15.070" end="00:30:21.399" style="s2">have a number of qualities</p>
<p begin="00:30:17.220" end="00:30:23.750" style="s2">think that it is a change of the process of</p>
<p begin="00:30:21.399" end="00:30:26.300" style="s2">historical intentions</p>
<p begin="00:30:23.750" end="00:30:28.360" style="s2">and not not to see it like that, not to analyze it like that, I</p>
<p begin="00:30:26.300" end="00:30:32.150" style="s2">I think it&#39;s a catastrophic mistake</p>
<p begin="00:30:28.360" end="00:30:35.690" style="s2">and eradicate I fine what returns us</p>
<p begin="00:30:32.150" end="00:30:38.780" style="s2">to that point in which it was traded between</p>
<p begin="00:30:35.690" end="00:30:42.250" style="s2">couple I write a mini article with</p>
<p begin="00:30:38.780" end="00:30:44.900" style="s2">much less ambitious than the</p>
<p begin="00:30:42.250" end="00:30:47.450" style="s2">digitization that really matter or</p>
<p begin="00:30:44.900" end="00:30:50.300" style="s2">something like bitcoin because we have lived</p>
<p begin="00:30:47.450" end="00:30:52.130" style="s2">a time i at least like a millennial</p>
<p begin="00:30:50.300" end="00:30:53.440" style="s2">for we have lived through a time of</p>
<p begin="00:30:52.130" end="00:30:56.120" style="s2">revolution</p>
<p begin="00:30:53.440" end="00:30:58.640" style="s2">with paypal it was a revolution for</p>
<p begin="00:30:56.120" end="00:31:02.480" style="s2">put it this way a reduction of friction</p>
<p begin="00:30:58.640" end="00:31:04.790" style="s2">spectacular and that digitization gives you</p>
<p begin="00:31:02.480" end="00:31:07.640" style="s2">the feeling that is really a</p>
<p begin="00:31:04.790" end="00:31:11.120" style="s2">innovation but it was not the replication of</p>
<p begin="00:31:07.640" end="00:31:13.400" style="s2">what we already had in physical format that</p>
<p begin="00:31:11.120" end="00:31:17.270" style="s2">it was to trust a third party not and bitcoin</p>
<p begin="00:31:13.400" end="00:31:20.060" style="s2">allows you to interact digitally as</p>
<p begin="00:31:17.270" end="00:31:21.830" style="s2">it was done even before the coin already</p>
<p begin="00:31:20.060" end="00:31:23.780" style="s2">be Libya or be the other time</p>
<p begin="00:31:21.830" end="00:31:25.580" style="s2">historical, that is, it is that revolutionary</p>
<p begin="00:31:23.780" end="00:31:26.690" style="s2">but without depending on third parties it is not</p>
<p begin="00:31:25.580" end="00:31:28.310" style="s2">understand that I think the most</p>
<p begin="00:31:26.690" end="00:31:29.779" style="s2">important of all not to understand why not</p>
<p begin="00:31:28.310" end="00:31:31.549" style="s2">compete with no other</p>
<p begin="00:31:29.779" end="00:31:33.109" style="s2">because the immunity factor does depend</p>
<p begin="00:31:31.549" end="00:31:34.299" style="s2">from third parties and can be manipulated if</p>
<p begin="00:31:33.109" end="00:31:36.759" style="s2">they can</p>
<p begin="00:31:34.299" end="00:31:39.710" style="s2">then depend on others not</p>
<p begin="00:31:36.759" end="00:31:42.649" style="s2">achieve it the revolutionary thing about bitcoin is</p>
<p begin="00:31:39.710" end="00:31:45.289" style="s2">get digital scarcity gogh and the</p>
<p begin="00:31:42.649" end="00:31:47.979" style="s2">no dependence on third parties that analyze</p>
<p begin="00:31:45.289" end="00:31:51.499" style="s2">that&#39;s what gives it character</p>
<p begin="00:31:47.979" end="00:31:53.029" style="s2">historical or similar to gunpowder a</p>
<p begin="00:31:51.499" end="00:31:57.230" style="s2">thing like that is not a few type</p>
<p begin="00:31:53.029" end="00:32:00.500" style="s2">more things can be compared to this</p>
<p begin="00:31:57.230" end="00:32:03.320" style="s2">I&#39;m going to release a concept that you leave</p>
<p begin="00:32:00.500" end="00:32:06.410" style="s2">out there in the book that is also very</p>
<p begin="00:32:03.320" end="00:32:08.750" style="s2">related to gunpowder and is</p>
<p begin="00:32:06.410" end="00:32:11.230" style="s2">the relationship between innovation and</p>
<p begin="00:32:08.750" end="00:32:14.860" style="s2">destruction</p>
<p begin="00:32:11.230" end="00:32:17.340" style="s2">of course bitcoin although it does one thing that</p>
<p begin="00:32:14.860" end="00:32:20.470" style="s2">it was done thousands of years ago</p>
<p begin="00:32:17.340" end="00:32:21.730" style="s2">raises a lot of innovations and that</p>
<p begin="00:32:20.470" end="00:32:24.070" style="s2">had in the book you say that a</p>
<p begin="00:32:21.730" end="00:32:25.929" style="s2">innovation is destruction as we have</p>
<p begin="00:32:24.070" end="00:32:28.990" style="s2">to understand this exact I think</p>
<p begin="00:32:25.929" end="00:32:31.390" style="s2">part consubstantial to any type of</p>
<p begin="00:32:28.990" end="00:32:33.790" style="s2">innovation exposes the destruction of</p>
<p begin="00:32:31.390" end="00:32:35.679" style="s2">what they replace for example</p>
<p begin="00:32:33.790" end="00:32:38.010" style="s2">let&#39;s think about smartphones</p>
<p begin="00:32:35.679" end="00:32:41.080" style="s2">smartphones leave radio behind</p>
<p begin="00:32:38.010" end="00:32:43.330" style="s2">shortage that is to say to the camera of photos in</p>
<p begin="00:32:41.080" end="00:32:45.790" style="s2">to a large extent certain computers to the</p>
<p begin="00:32:43.330" end="00:32:47.910" style="s2">courier to sending letters and give the</p>
<p begin="00:32:45.790" end="00:32:49.929" style="s2">new internet a lot of things</p>
<p begin="00:32:47.910" end="00:32:51.970" style="s2">even together they are more concrete and more</p>
<p begin="00:32:49.929" end="00:32:54.040" style="s2">punctual as we can see that the</p>
<p begin="00:32:51.970" end="00:32:55.840" style="s2">software in the end is monopolizing a</p>
<p begin="00:32:54.040" end="00:32:58.090" style="s2">lot of market let&#39;s not say for example</p>
<p begin="00:32:55.840" end="00:33:00.850" style="s2">as his seeing leaves behind the model of</p>
<p begin="00:32:58.090" end="00:33:02.590" style="s2">taxis and tesla if you can get</p>
<p begin="00:33:00.850" end="00:33:04.270" style="s2">those autonomous software to leave behind</p>
<p begin="00:33:02.590" end="00:33:06.190" style="s2">the uber musician and the model</p>
<p begin="00:33:04.270" end="00:33:08.950" style="s2">taxis not because it is to undertake you will come to</p>
<p begin="00:33:06.190" end="00:33:10.570" style="s2">pick up an autonomous car and it will take you to</p>
<p begin="00:33:08.950" end="00:33:12.850" style="s2">your destination port</p>
<p begin="00:33:10.570" end="00:33:14.440" style="s2">Clearly then in this sense we see that</p>
<p begin="00:33:12.850" end="00:33:16.570" style="s2">any type of technological innovation</p>
<p begin="00:33:14.440" end="00:33:18.070" style="s2">always destroy the above in the case</p>
<p begin="00:33:16.570" end="00:33:19.269" style="s2">concrete of the luguistas for example</p>
<p begin="00:33:18.070" end="00:33:20.649" style="s2">when they appear precisely with the</p>
<p begin="00:33:19.269" end="00:33:22.400" style="s2">destructive innovation technology great</p>
<p begin="00:33:20.649" end="00:33:24.590" style="s2">industrial Revolution</p>
<p begin="00:33:22.400" end="00:33:26.210" style="s2">and of course when you have people</p>
<p begin="00:33:24.590" end="00:33:28.160" style="s2">running and making clothes and making you</p>
<p begin="00:33:26.210" end="00:33:29.210" style="s2">total prayer suddenly mind is</p>
<p begin="00:33:28.160" end="00:33:32.120" style="s2">industrial machinery to produce</p>
<p begin="00:33:29.210" end="00:33:33.860" style="s2">textile all those jobs like</p>
<p begin="00:33:32.120" end="00:33:36.100" style="s2">expendable because because they are no longer</p>
<p begin="00:33:33.860" end="00:33:39.970" style="s2">necessary for that</p>
<p begin="00:33:36.100" end="00:33:42.640" style="s2">destroys innovation destroys a lot</p>
<p begin="00:33:39.970" end="00:33:45.730" style="s2">and in this case of course we are facing a</p>
<p begin="00:33:42.640" end="00:33:48.010" style="s2">innovation is brutal in fact so brutal</p>
<p begin="00:33:45.730" end="00:33:51.040" style="s2">that is capable of redefining the right of</p>
<p begin="00:33:48.010" end="00:33:54.370" style="s2">property is not that they are a quantity of</p>
<p begin="00:33:51.040" end="00:33:56.410" style="s2">immense stuff is not allowed an access to</p>
<p begin="00:33:54.370" end="00:34:01.080" style="s2">incredible money worth confiscates</p>
<p begin="00:33:56.410" end="00:34:01.080" style="s2">skill is unblameable is unstoppable</p>
<p begin="00:34:01.230" end="00:34:05.760" style="s2">with a number of qualities and</p>
<p begin="00:34:03.120" end="00:34:06.990" style="s2">properties and issues that are</p>
<p begin="00:34:05.760" end="00:34:08.909" style="s2">we go</p>
<p begin="00:34:06.990" end="00:34:11.190" style="s2">impressive not then has the</p>
<p begin="00:34:08.909" end="00:34:14.909" style="s2">destruction has to be proportional to</p>
<p begin="00:34:11.190" end="00:34:16.980" style="s2">the innovations they represent and of course</p>
<p begin="00:34:14.909" end="00:34:19.740" style="s2">Obviously, the first thing that gives you</p>
<p begin="00:34:16.980" end="00:34:22.080" style="s2">the feeling is that it is going to go to waste</p>
<p begin="00:34:19.740" end="00:34:23.600" style="s2">are all those assets with which</p>
<p begin="00:34:22.080" end="00:34:25.130" style="s2">compete</p>
<p begin="00:34:23.600" end="00:34:28.370" style="s2">or at least a significant part</p>
<p begin="00:34:25.130" end="00:34:30.110" style="s2">of them and what I try to analyze in</p>
<p begin="00:34:28.370" end="00:34:32.040" style="s2">the book is how it can also end</p>
<p begin="00:34:30.110" end="00:34:33.379" style="s2">with a political form</p>
<p begin="00:34:32.040" end="00:34:35.569" style="s2">[Music]</p>
<p begin="00:34:33.379" end="00:34:37.490" style="s2">I am going to focus on a word that you have</p>
<p begin="00:34:35.569" end="00:34:39.589" style="s2">said now that for me it is one of the</p>
<p begin="00:34:37.490" end="00:34:41.960" style="s2">aspects of the book of this part of the</p>
<p begin="00:34:39.589" end="00:34:44.960" style="s2">currency crisis</p>
<p begin="00:34:41.960" end="00:34:48.460" style="s2">What has fascinated me the most is the</p>
<p begin="00:34:44.960" end="00:34:51.050" style="s2">redefinition of private property</p>
<p begin="00:34:48.460" end="00:34:53.270" style="s2">always, that is, because it has fascinated me, it is</p>
<p begin="00:34:51.050" end="00:34:55.550" style="s2">because we almost always see it from the</p>
<p begin="00:34:53.270" end="00:34:58.490" style="s2">point of view of the bitcoin earl that is</p>
<p begin="00:34:55.550" end="00:35:01.609" style="s2">what I am and what it is well yes yes this is and</p>
<p begin="00:34:58.490" end="00:35:04.790" style="s2">confiscate but but no I had not stopped</p>
<p begin="00:35:01.609" end="00:35:05.920" style="s2">to think about it is from the other side from</p>
<p begin="00:35:04.790" end="00:35:09.680" style="s2">the side of</p>
<p begin="00:35:05.920" end="00:35:14.180" style="s2">what does this mean for the state by</p>
<p begin="00:35:09.680" end="00:35:17.300" style="s2">example not the fact that bitcoin is</p>
<p begin="00:35:14.180" end="00:35:19.430" style="s2">with prosecutors then not if we can</p>
<p begin="00:35:17.300" end="00:35:22.310" style="s2">expand a little more in this section of</p>
<p begin="00:35:19.430" end="00:35:25.560" style="s2">of how revolutionary it is to beat with in</p>
<p begin="00:35:22.310" end="00:35:27.540" style="s2">private property of course let&#39;s think</p>
<p begin="00:35:25.560" end="00:35:29.550" style="s2">and all goods have always been with</p>
<p begin="00:35:27.540" end="00:35:33.180" style="s2">fiscal that really the property us</p>
<p begin="00:35:29.550" end="00:35:36.359" style="s2">has given away what has been him</p>
<p begin="00:35:33.180" end="00:35:37.559" style="s2">well the state political action is</p>
<p begin="00:35:36.359" end="00:35:39.720" style="s2">say that someone could always come to</p>
<p begin="00:35:37.559" end="00:35:41.599" style="s2">confiscate tea in what he had</p>
<p begin="00:35:39.720" end="00:35:43.859" style="s2">always could</p>
<p begin="00:35:41.599" end="00:35:46.349" style="s2">censor you of the commercial possibility</p>
<p begin="00:35:43.859" end="00:35:48.030" style="s2">there could always be some way</p>
<p begin="00:35:46.349" end="00:35:50.440" style="s2">that you were not the owner of everything</p>
<p begin="00:35:48.030" end="00:35:53.010" style="s2">Ultimately what you had</p>
<p begin="00:35:50.440" end="00:35:55.060" style="s2">pastor quotes it a lot adolfo also</p>
<p begin="00:35:53.010" end="00:35:57.069" style="s2">said what we are</p>
<p begin="00:35:55.060" end="00:35:59.470" style="s2">beneficial owners of the ultimate property</p>
<p begin="00:35:57.069" end="00:36:01.480" style="s2">instance always depends ultimately</p>
<p begin="00:35:59.470" end="00:36:02.980" style="s2">stay of the state because we have in</p>
<p begin="00:36:01.480" end="00:36:04.839" style="s2">an objective property</p>
<p begin="00:36:02.980" end="00:36:07.810" style="s2">I have my words I have my</p>
<p begin="00:36:04.839" end="00:36:09.760" style="s2">Custody of my bitcoin no one gave it to me</p>
<p begin="00:36:07.810" end="00:36:11.560" style="s2">Nobody can take me away, then torture me, but</p>
<p begin="00:36:09.760" end="00:36:13.329" style="s2">if I don&#39;t tell you that you can&#39;t</p>
<p begin="00:36:11.560" end="00:36:16.369" style="s2">remove my seen in I have done well the</p>
<p begin="00:36:13.329" end="00:36:20.000" style="s2">procedure I have good custody</p>
<p begin="00:36:16.369" end="00:36:22.440" style="s2">incontestable this supposes for example</p>
<p begin="00:36:20.000" end="00:36:24.710" style="s2">to see it quickly</p>
<p begin="00:36:22.440" end="00:36:27.960" style="s2">What if I have done the procedure correctly?</p>
<p begin="00:36:24.710" end="00:36:30.630" style="s2">without identifying myself without roots etc etc etc</p>
<p begin="00:36:27.960" end="00:36:33.000" style="s2">I can have state property I don&#39;t know</p>
<p begin="00:36:30.630" end="00:36:36.000" style="s2">Why do I have it, you can&#39;t record it for me</p>
<p begin="00:36:33.000" end="00:36:38.250" style="s2">You can&#39;t tax that and even though</p>
<p begin="00:36:36.000" end="00:36:40.109" style="s2">I wanted to put it and I don&#39;t just want to pay</p>
<p begin="00:36:38.250" end="00:36:42.730" style="s2">I can&#39;t get them so I know</p>
<p begin="00:36:40.109" end="00:36:45.280" style="s2">affects tax first</p>
<p begin="00:36:42.730" end="00:36:47.109" style="s2">second you affect his authority that</p>
<p begin="00:36:45.280" end="00:36:48.580" style="s2">that&#39;s not a crisis of strong authority</p>
<p begin="00:36:47.109" end="00:36:51.520" style="s2">The one who can&#39;t tax is something</p>
<p begin="00:36:48.580" end="00:36:53.290" style="s2">cannot pay taxes on something second</p>
<p begin="00:36:51.520" end="00:36:55.660" style="s2">affects, for example, the criminal sanction</p>
<p begin="00:36:53.290" end="00:36:57.670" style="s2">economical if you have all your</p>
<p begin="00:36:55.660" end="00:36:59.820" style="s2">heritage in biskek for example and</p>
<p begin="00:36:57.670" end="00:37:01.440" style="s2">they want to put some sanctions</p>
<p begin="00:36:59.820" end="00:37:03.600" style="s2">and they can&#39;t make you an embargo like</p>
<p begin="00:37:01.440" end="00:37:05.880" style="s2">now it&#39;s your bank account you put one</p>
<p begin="00:37:03.600" end="00:37:07.440" style="s2">a traffic ticket that you do not pay arrive</p>
<p begin="00:37:05.880" end="00:37:09.540" style="s2">to your bank account and they mark it with</p>
<p begin="00:37:07.440" end="00:37:11.010" style="s2">disc in that they cannot do it but neither</p>
<p begin="00:37:09.540" end="00:37:13.500" style="s2">even in criminal trials let&#39;s think</p>
<p begin="00:37:11.010" end="00:37:15.570" style="s2">For example, a person who robs a bank</p>
<p begin="00:37:13.500" end="00:37:17.190" style="s2">and steal a million euros and pass it on</p>
<p begin="00:37:15.570" end="00:37:19.500" style="s2">all his father and all that happens this</p>
<p begin="00:37:17.190" end="00:37:21.030" style="s2">Victoria could put you in jail</p>
<p begin="00:37:19.500" end="00:37:23.220" style="s2">could</p>
<p begin="00:37:21.030" end="00:37:24.930" style="s2">torture if they want but they couldn&#39;t</p>
<p begin="00:37:23.220" end="00:37:26.250" style="s2">getting that money back doesn&#39;t end in great</p>
<p begin="00:37:24.930" end="00:37:29.640" style="s2">measure ends that possibility of</p>
<p begin="00:37:26.250" end="00:37:32.010" style="s2">do justice on behalf of the state and</p>
<p begin="00:37:29.640" end="00:37:34.500" style="s2">that has very strong issues and</p>
<p begin="00:37:32.010" end="00:37:36.030" style="s2">obviously I think it&#39;s going to give a crisis</p>
<p begin="00:37:34.500" end="00:37:37.920" style="s2">of very strong authority of power</p>
<p begin="00:37:36.030" end="00:37:40.160" style="s2">political not that promises much and is</p>
<p begin="00:37:37.920" end="00:37:43.320" style="s2">is considered sovereign is considered</p>
<p begin="00:37:40.160" end="00:37:45.480" style="s2">omnipotent and with this a 5 year old boy</p>
<p begin="00:37:43.320" end="00:37:47.010" style="s2">to sing face without any type of</p>
<p begin="00:37:45.480" end="00:37:49.650" style="s2">difficulty and embarrass myself</p>
<p begin="00:37:47.010" end="00:37:52.460" style="s2">complete I think that is a crisis</p>
<p begin="00:37:49.650" end="00:37:54.589" style="s2">of authority very very very very strong</p>
<p begin="00:37:52.460" end="00:37:56.330" style="s2">and many more things of course because yes</p>
<p begin="00:37:54.589" end="00:37:59.550" style="s2">We began to analyze the crisis of the</p>
<p begin="00:37:56.330" end="00:38:02.640" style="s2">possible public debt of more could</p>
<p begin="00:37:59.550" end="00:38:05.580" style="s2">to me this chapter and more that I treat it</p>
<p begin="00:38:02.640" end="00:38:11.069" style="s2">with you out of pod is one of the things</p>
<p begin="00:38:05.580" end="00:38:12.680" style="s2">What has hallucinated me the most in the sense of</p>
<p begin="00:38:11.069" end="00:38:16.610" style="s2">what has he done to me</p>
<p begin="00:38:12.680" end="00:38:19.050" style="s2">realize the draft</p>
<p begin="00:38:16.610" end="00:38:20.670" style="s2">bitcoin</p>
<p begin="00:38:19.050" end="00:38:24.630" style="s2">for all those above</p>
<p begin="00:38:20.670" end="00:38:26.970" style="s2">for all those who at the moment many of</p>
<p begin="00:38:24.630" end="00:38:28.690" style="s2">they continue to ignore the many of</p>
<p begin="00:38:26.970" end="00:38:32.170" style="s2">they follow in</p>
<p begin="00:38:28.690" end="00:38:33.819" style="s2">in the 2014 narrative of what matters</p>
<p begin="00:38:32.170" end="00:38:35.220" style="s2">it&#39;s block sing and what we&#39;re going to do is</p>
<p begin="00:38:33.819" end="00:38:38.230" style="s2">to be a cbdc</p>
<p begin="00:38:35.220" end="00:38:41.700" style="s2">to take what interests us</p>
<p begin="00:38:38.230" end="00:38:44.970" style="s2">bitcoin but what they are not seeing is</p>
<p begin="00:38:41.700" end="00:38:47.820" style="s2">what is this</p>
<p begin="00:38:44.970" end="00:38:51.300" style="s2">passes over them but in one</p>
<p begin="00:38:47.820" end="00:38:52.740" style="s2">totally unknown dimension me</p>
<p begin="00:38:51.300" end="00:38:55.470" style="s2">I have the feeling that not even</p>
<p begin="00:38:52.740" end="00:38:58.470" style="s2">Latinos are living in parallel worlds</p>
<p begin="00:38:55.470" end="00:39:00.090" style="s2">completely and did not pay attention</p>
<p begin="00:38:58.470" end="00:39:02.190" style="s2">we think that I am already a person</p>
<p begin="00:39:00.090" end="00:39:03.840" style="s2">in quotes with some training in</p>
<p begin="00:39:02.190" end="00:39:05.790" style="s2">political philosophy social employment law</p>
<p begin="00:39:03.840" end="00:39:08.099" style="s2">and everything else has taken me a year</p>
<p begin="00:39:05.790" end="00:39:10.320" style="s2">approximately realizing and many</p>
<p begin="00:39:08.099" end="00:39:12.720" style="s2">hours a day between 67 hours a day give me</p>
<p begin="00:39:10.320" end="00:39:14.070" style="s2">realize the implications of this</p>
<p begin="00:39:12.720" end="00:39:18.060" style="s2">people are usually very busy or</p>
<p begin="00:39:14.070" end="00:39:19.380" style="s2">is to another type of questions and others</p>
<p begin="00:39:18.060" end="00:39:21.359" style="s2">no they have not dedicated the time</p>
<p begin="00:39:19.380" end="00:39:24.300" style="s2">necessary</p>
<p begin="00:39:21.359" end="00:39:25.950" style="s2">to a change of these dimensions</p>
<p begin="00:39:24.300" end="00:39:27.650" style="s2">and I think he&#39;s going to get that but no</p>
<p begin="00:39:25.950" end="00:39:30.060" style="s2">no no just to hope that</p>
<p begin="00:39:27.650" end="00:39:32.040" style="s2">surprise misfortunes were going to come very</p>
<p begin="00:39:30.060" end="00:39:34.530" style="s2">not late</p>
<p begin="00:39:32.040" end="00:39:36.330" style="s2">and the truth is that not although it gives the</p>
<p begin="00:39:34.530" end="00:39:39.180" style="s2">feeling that they are human beings</p>
<p begin="00:39:36.330" end="00:39:41.370" style="s2">very technical and also like all this</p>
<p begin="00:39:39.180" end="00:39:43.440" style="s2">jane blog system and stuff like that</p>
<p begin="00:39:41.370" end="00:39:46.260" style="s2">it sounds very good to them and they always treat each other</p>
<p begin="00:39:43.440" end="00:39:48.960" style="s2">of unseen and unseen and unseen and not</p>
<p begin="00:39:46.260" end="00:39:51.410" style="s2">it&#39;s good ching it&#39;s something else they are the ones that</p>
<p begin="00:39:48.960" end="00:39:53.730" style="s2">with coins is digital I don&#39;t know what</p>
<p begin="00:39:51.410" end="00:39:56.510" style="s2">I never never give it importance</p>
<p begin="00:39:53.730" end="00:39:58.640" style="s2">seen not even inside people</p>
<p begin="00:39:56.510" end="00:40:00.650" style="s2">and that has as an excuse effectively</p>
<p begin="00:39:58.640" end="00:40:02.660" style="s2">against beliefs they do not want to pay attention</p>
<p begin="00:40:00.650" end="00:40:05.180" style="s2">they don&#39;t want to pay attention</p>
<p begin="00:40:02.660" end="00:40:06.590" style="s2">attention that you need that you require and</p>
<p begin="00:40:05.180" end="00:40:09.470" style="s2">This happens a lot, for example, between</p>
<p begin="00:40:06.590" end="00:40:12.410" style="s2">youtubers willy rec without going any further</p>
<p begin="00:40:09.470" end="00:40:15.920" style="s2">pay close attention to approx gameloft</p>
<p begin="00:40:12.410" end="00:40:18.440" style="s2">in the accounts that you specially put to</p>
<p begin="00:40:15.920" end="00:40:20.240" style="s2">look at the next does not have any kind of</p>
<p begin="00:40:18.440" end="00:40:21.440" style="s2">meaning in quotes not when you have</p>
<p begin="00:40:20.240" end="00:40:23.540" style="s2">no type of utility that only has</p>
<p begin="00:40:21.440" end="00:40:24.560" style="s2">useful bitcoin blogging in the</p>
<p begin="00:40:23.540" end="00:40:26.230" style="s2">sense that what is capable of</p>
<p begin="00:40:24.560" end="00:40:28.940" style="s2">reduce is that dependence on third parties</p>
<p begin="00:40:26.230" end="00:40:31.070" style="s2">in all other cases for objects</p>
<p begin="00:40:28.940" end="00:40:32.870" style="s2">physical for other types of issues</p>
<p begin="00:40:31.070" end="00:40:34.370" style="s2">worth absolutely nothing and what</p>
<p begin="00:40:32.870" end="00:40:35.450" style="s2">novelty of vicens is also the own</p>
<p begin="00:40:34.370" end="00:40:37.820" style="s2">words</p>
<p begin="00:40:35.450" end="00:40:39.830" style="s2">This detailed it very well, it deserves no</p>
<p begin="00:40:37.820" end="00:40:40.820" style="s2">deserved that I have a lot many times</p>
<p begin="00:40:39.830" end="00:40:43.050" style="s2">staff between meals always</p>
<p begin="00:40:40.820" end="00:40:44.730" style="s2">intellectual microsoft</p>
<p begin="00:40:43.050" end="00:40:46.950" style="s2">because if a person like</p>
<p begin="00:40:44.730" end="00:40:48.810" style="s2">with very sane mind not very straight</p>
<p begin="00:40:46.950" end="00:40:50.100" style="s2">criteria in this sense, of course.</p>
<p begin="00:40:48.810" end="00:40:52.350" style="s2">loose well so clear so clear so</p>
<p begin="00:40:50.100" end="00:40:55.420" style="s2">of course he walked as I realized</p>
<p begin="00:40:52.350" end="00:40:57.290" style="s2">automatically what you wanted to say</p>
<p begin="00:40:55.420" end="00:40:59.120" style="s2">effectively</p>
<p begin="00:40:57.290" end="00:41:00.830" style="s2">you realize that there is another type</p>
<p begin="00:40:59.120" end="00:41:02.000" style="s2">of a block project that has nothing</p>
<p begin="00:41:00.830" end="00:41:04.730" style="s2">no kind of sense actually leads</p>
<p begin="00:41:02.000" end="00:41:07.130" style="s2">assisting since 1991 something like this and</p>
<p begin="00:41:04.730" end="00:41:08.390" style="s2">until bitcoin does not appear on the</p>
<p begin="00:41:07.130" end="00:41:10.750" style="s2">reality as important guy because not</p>
<p begin="00:41:08.390" end="00:41:10.750" style="s2">the earth</p>
<p begin="00:41:11.050" end="00:41:16.040" style="s2">we could continue in the crisis of the</p>
<p begin="00:41:13.700" end="00:41:18.380" style="s2">currency you have very interesting sections</p>
<p begin="00:41:16.040" end="00:41:20.900" style="s2">we do not try to do a reading in</p>
<p begin="00:41:18.380" end="00:41:23.270" style="s2">podcast version of the book I just hope</p>
<p begin="00:41:20.900" end="00:41:25.610" style="s2">that you can be accessible to everyone and</p>
<p begin="00:41:23.270" end="00:41:27.860" style="s2">that they can shell and so I stay</p>
<p begin="00:41:25.610" end="00:41:29.450" style="s2">with this part that I think is that</p>
<p begin="00:41:27.860" end="00:41:31.180" style="s2">It takes a lot to this second one that we are going to</p>
<p begin="00:41:29.450" end="00:41:35.030" style="s2">treat that it is the crisis of the state</p>
<p begin="00:41:31.180" end="00:41:37.310" style="s2">what is the part this of how the</p>
<p begin="00:41:35.030" end="00:41:38.570" style="s2">private property really becomes</p>
<p begin="00:41:37.310" end="00:41:41.180" style="s2">private property because it gives the feeling</p>
<p begin="00:41:38.570" end="00:41:42.980" style="s2">that when you reflect when I eat</p>
<p begin="00:41:41.180" end="00:41:45.200" style="s2">we said before the belief of the</p>
<p begin="00:41:42.980" end="00:41:47.060" style="s2">current private property we turn it</p>
<p begin="00:41:45.200" end="00:41:49.340" style="s2">ideal we make an abstraction and the</p>
<p begin="00:41:47.060" end="00:41:51.980" style="s2">we return historical idea we can see it</p>
<p begin="00:41:49.340" end="00:41:53.210" style="s2">from outside and analyzing it gives you the</p>
<p begin="00:41:51.980" end="00:41:56.420" style="s2">feeling that what we have had up to</p>
<p begin="00:41:53.210" end="00:41:58.370" style="s2">now it&#39;s been an illusion an illusion of</p>
<p begin="00:41:56.420" end="00:41:59.570" style="s2">private property, which is what</p>
<p begin="00:41:58.370" end="00:42:01.760" style="s2">private property that has allowed us</p>
<p begin="00:41:59.570" end="00:42:04.910" style="s2">have for that when there is always some</p>
<p begin="00:42:01.760" end="00:42:07.190" style="s2">black sheep that goes astray runs out</p>
<p begin="00:42:04.910" end="00:42:08.780" style="s2">ends up losing everything because the state</p>
<p begin="00:42:07.190" end="00:42:11.420" style="s2">or the ruler of the day puts it between</p>
<p begin="00:42:08.780" end="00:42:14.180" style="s2">between puts it between eyebrows and</p>
<p begin="00:42:11.420" end="00:42:15.500" style="s2">removes absolutely everything is not accurate</p>
<p begin="00:42:14.180" end="00:42:18.170" style="s2">that is so to speak my approach</p>
<p begin="00:42:15.500" end="00:42:19.550" style="s2">initial not me until 2018 are the things and</p>
<p begin="00:42:18.170" end="00:42:21.170" style="s2">I focused is mainly on studying</p>
<p begin="00:42:19.550" end="00:42:23.240" style="s2">milk skin edge state theory</p>
<p begin="00:42:21.170" end="00:42:24.560" style="s2">these types of questions and it gives me the</p>
<p begin="00:42:23.240" end="00:42:27.470" style="s2">feeling that the state was in crisis</p>
<p begin="00:42:24.560" end="00:42:28.850" style="s2">but there was no possible way</p>
<p begin="00:42:27.470" end="00:42:31.550" style="s2">do anything against him no because if you</p>
<p begin="00:42:28.850" end="00:42:33.260" style="s2">you did something because the rulers were going to</p>
<p begin="00:42:31.550" end="00:42:35.600" style="s2">go against you and to death and having all</p>
<p begin="00:42:33.260" end="00:42:36.980" style="s2">the plants to win the state I do not</p>
<p begin="00:42:35.600" end="00:42:38.600" style="s2">I miss it, not much less than</p>
<p begin="00:42:36.980" end="00:42:41.150" style="s2">I recognize your entity and I recognize your</p>
<p begin="00:42:38.600" end="00:42:43.810" style="s2">capacity and its power to destroy</p>
<p begin="00:42:41.150" end="00:42:43.810" style="s2">life literally</p>
<p begin="00:42:43.960" end="00:42:47.589" style="s2">then of course there was no</p>
<p begin="00:42:45.369" end="00:42:49.210" style="s2">possible space no possible way of</p>
<p begin="00:42:47.589" end="00:42:50.890" style="s2">to face it but nevertheless I saw that</p>
<p begin="00:42:49.210" end="00:42:53.440" style="s2">it was a political form that was already</p>
<p begin="00:42:50.890" end="00:42:55.240" style="s2">exhausted and no longer gave of himself and that</p>
<p begin="00:42:53.440" end="00:42:57.430" style="s2">everything was to put sticks in the wheels that</p>
<p begin="00:42:55.240" end="00:42:59.170" style="s2">everything was hindering even his own</p>
<p begin="00:42:57.430" end="00:43:00.640" style="s2">functioning</p>
<p begin="00:42:59.170" end="00:43:03.280" style="s2">and suddenly of course well it clicks</p>
<p begin="00:43:00.640" end="00:43:05.559" style="s2">princess is already here we have the</p>
<p begin="00:43:03.280" end="00:43:07.869" style="s2">cyberspace we have here bitcoin and</p>
<p begin="00:43:05.559" end="00:43:09.260" style="s2">against this they can do nothing nothing is</p>
<p begin="00:43:07.869" end="00:43:11.720" style="s2">any</p>
<p begin="00:43:09.260" end="00:43:13.820" style="s2">let&#39;s let&#39;s shell the word</p>
<p begin="00:43:11.720" end="00:43:17.570" style="s2">been because it is one of the things with</p>
<p begin="00:43:13.820" end="00:43:18.950" style="s2">that I read your book twice and in</p>
<p begin="00:43:17.570" end="00:43:22.220" style="s2">the second has been to have it very</p>
<p begin="00:43:18.950" end="00:43:24.530" style="s2">fresh for this talk not and the in the</p>
<p begin="00:43:22.220" end="00:43:27.200" style="s2">second time I understood much more than</p>
<p begin="00:43:24.530" end="00:43:28.610" style="s2">in the first but not because it is not</p>
<p begin="00:43:27.200" end="00:43:31.160" style="s2">of course the book but that there is</p>
<p begin="00:43:28.610" end="00:43:32.660" style="s2">concepts and here I raised my hand and</p>
<p begin="00:43:31.160" end="00:43:34.820" style="s2">I&#39;m like the idiot of the class if he does</p>
<p begin="00:43:32.660" end="00:43:38.120" style="s2">missing but that I did not understand well</p>
<p begin="00:43:34.820" end="00:43:40.310" style="s2">that it was the state or maybe I had it</p>
<p begin="00:43:38.120" end="00:43:41.830" style="s2">as a belief and what you have done</p>
<p begin="00:43:40.310" end="00:43:44.420" style="s2">with this book has been</p>
<p begin="00:43:41.830" end="00:43:45.950" style="s2">that I could make this abstraction and</p>
<p begin="00:43:44.420" end="00:43:47.890" style="s2">they will never start doing it from outside</p>
<p begin="00:43:45.950" end="00:43:50.680" style="s2">It has interested me</p>
<p begin="00:43:47.890" end="00:43:52.589" style="s2">then i would like before</p>
<p begin="00:43:50.680" end="00:43:56.049" style="s2">assault to follow</p>
<p begin="00:43:52.589" end="00:43:58.930" style="s2">theorizing about what happens with bitcoin and</p>
<p begin="00:43:56.049" end="00:44:01.930" style="s2">the state I would like to stop for a moment and</p>
<p begin="00:43:58.930" end="00:44:05.019" style="s2">explain explaining what this is about</p>
<p begin="00:44:01.930" end="00:44:06.789" style="s2">been because as he said he believes something</p>
<p begin="00:44:05.019" end="00:44:09.660" style="s2">for me the state is a belief or was</p>
<p begin="00:44:06.789" end="00:44:12.039" style="s2">a belief and you say that</p>
<p begin="00:44:09.660" end="00:44:15.609" style="s2">this belief we cannot understand</p>
<p begin="00:44:12.039" end="00:44:17.470" style="s2">as a concept applicable to any</p>
<p begin="00:44:15.609" end="00:44:19.690" style="s2">political society, that is, like the</p>
<p begin="00:44:17.470" end="00:44:22.000" style="s2">state is not eternal and this tells us</p>
<p begin="00:44:19.690" end="00:44:24.700" style="s2">we have to get out of our heads how it is</p>
<p begin="00:44:22.000" end="00:44:26.589" style="s2">this exact also this was one of the</p>
<p begin="00:44:24.700" end="00:44:28.539" style="s2">things that impressed me the most</p>
<p begin="00:44:26.589" end="00:44:30.460" style="s2">staff directly who was giving me</p>
<p begin="00:44:28.539" end="00:44:31.990" style="s2">realize that indeed that this</p>
<p begin="00:44:30.460" end="00:44:34.089" style="s2">conception we have that our</p>
<p begin="00:44:31.990" end="00:44:35.820" style="s2">political reality has been eternal is</p>
<p begin="00:44:34.089" end="00:44:37.920" style="s2">false</p>
<p begin="00:44:35.820" end="00:44:39.690" style="s2">the state is never a political form</p>
<p begin="00:44:37.920" end="00:44:41.250" style="s2">very concrete that has its origin in the</p>
<p begin="00:44:39.690" end="00:44:43.740" style="s2">16th century</p>
<p begin="00:44:41.250" end="00:44:45.420" style="s2">and since then, he experiences a</p>
<p begin="00:44:43.740" end="00:44:47.340" style="s2">series of changes too but the forms</p>
<p begin="00:44:45.420" end="00:44:49.500" style="s2">previous policies were not forms</p>
<p begin="00:44:47.340" end="00:44:51.450" style="s2">state policies this can be seen</p>
<p begin="00:44:49.500" end="00:44:54.060" style="s2">very well for example the word state</p>
<p begin="00:44:51.450" end="00:44:56.160" style="s2">appears for the first time in some</p>
<p begin="00:44:54.060" end="00:44:58.080" style="s2">overflow now not Machiavelli&#39;s no</p>
<p begin="00:44:56.160" end="00:45:00.960" style="s2">appears before does not appear before the century</p>
<p begin="00:44:58.080" end="00:45:03.420" style="s2">15 can&#39;t find it without any text</p>
<p begin="00:45:00.960" end="00:45:05.520" style="s2">It also gives me because they moved me in</p>
<p begin="00:45:03.420" end="00:45:07.140" style="s2">certain liberal environments and others and</p>
<p begin="00:45:05.520" end="00:45:08.910" style="s2">I also met the black store that</p>
<p begin="00:45:07.140" end="00:45:10.080" style="s2">He handles these types of issues very well.</p>
<p begin="00:45:08.910" end="00:45:12.119" style="s2">who is a state historian very</p>
<p begin="00:45:10.080" end="00:45:13.770" style="s2">good and a lot of carl schmitt that</p>
<p begin="00:45:12.119" end="00:45:14.869" style="s2">He also knows all this very well</p>
<p begin="00:45:13.770" end="00:45:16.830" style="s2">to touch them I have an article</p>
<p begin="00:45:14.869" end="00:45:18.390" style="s2">brilliant detailing all of this</p>
<p begin="00:45:16.830" end="00:45:20.540" style="s2">What is the state as a concrete concept?</p>
<p begin="00:45:18.390" end="00:45:23.460" style="s2">linked to a historical period</p>
<p begin="00:45:20.540" end="00:45:25.050" style="s2">it is what makes proper the state that it is</p>
<p begin="00:45:23.460" end="00:45:26.160" style="s2">what makes the state characteristic that</p>
<p begin="00:45:25.050" end="00:45:28.380" style="s2">cannot be applied to another form</p>
<p begin="00:45:26.160" end="00:45:30.810" style="s2">legal, it was very easy for me to see it</p>
<p begin="00:45:28.380" end="00:45:33.200" style="s2">in quotes to do to study</p>
<p begin="00:45:30.810" end="00:45:37.290" style="s2">a lot of history of leds I&#39;m going to stop you</p>
<p begin="00:45:33.200" end="00:45:39.900" style="s2">because you have so much knowledge that</p>
<p begin="00:45:37.290" end="00:45:42.420" style="s2">for someone, that is, someone who doesn&#39;t</p>
<p begin="00:45:39.900" end="00:45:44.790" style="s2">It has like me yes I see things that you</p>
<p begin="00:45:42.420" end="00:45:47.369" style="s2">you take for granted and no I no no no it&#39;s not</p>
<p begin="00:45:44.790" end="00:45:49.140" style="s2">so then I will continue to brake you and</p>
<p begin="00:45:47.369" end="00:45:51.750" style="s2">I want you to explain something else to me</p>
<p begin="00:45:49.140" end="00:45:53.790" style="s2">constantly the state you are saying</p>
<p begin="00:45:51.750" end="00:45:57.480" style="s2">constantly the state is not a</p>
<p begin="00:45:53.790" end="00:46:00.180" style="s2">political reality a political society</p>
<p begin="00:45:57.480" end="00:46:02.369" style="s2">eternal and all the while society reality</p>
<p begin="00:46:00.180" end="00:46:04.680" style="s2">politics the political in the book too</p>
<p begin="00:46:02.369" end="00:46:06.920" style="s2">You already say how we can understand what it is</p>
<p begin="00:46:04.680" end="00:46:09.299" style="s2">this of a society or reality</p>
<p begin="00:46:06.920" end="00:46:11.250" style="s2">there is no word to define this</p>
<p begin="00:46:09.299" end="00:46:14.519" style="s2">as such then the state came to</p>
<p begin="00:46:11.250" end="00:46:16.500" style="s2">hair to be the the word that</p>
<p begin="00:46:14.519" end="00:46:18.089" style="s2">we use to express this is not this</p>
<p begin="00:46:16.500" end="00:46:20.339" style="s2">because this had not been given one</p>
<p begin="00:46:18.089" end="00:46:22.540" style="s2">word not in political community that</p>
<p begin="00:46:20.339" end="00:46:25.300" style="s2">there is a political community</p>
<p begin="00:46:22.540" end="00:46:27.100" style="s2">Of course, the form always</p>
<p begin="00:46:25.300" end="00:46:28.810" style="s2">we organize based on some kind of</p>
<p begin="00:46:27.100" end="00:46:31.570" style="s2">form always appears some kind of</p>
<p begin="00:46:28.810" end="00:46:33.150" style="s2">power that tries to extend the form in</p>
<p begin="00:46:31.570" end="00:46:35.130" style="s2">the one we live</p>
<p begin="00:46:33.150" end="00:46:36.869" style="s2">in our experience growing up from a</p>
<p begin="00:46:35.130" end="00:46:39.390" style="s2">group the way that group lives</p>
<p begin="00:46:36.869" end="00:46:41.970" style="s2">It&#39;s not the power that guarantees that way</p>
<p begin="00:46:39.390" end="00:46:44.020" style="s2">of life together so to speak we can</p>
<p begin="00:46:41.970" end="00:46:47.590" style="s2">say that this is political</p>
<p begin="00:46:44.020" end="00:46:48.760" style="s2">that concrete defense of that is that group</p>
<p begin="00:46:47.590" end="00:46:50.380" style="s2">that closes to defend its</p>
<p begin="00:46:48.760" end="00:46:52.620" style="s2">beliefs to defend their way of life</p>
<p begin="00:46:50.380" end="00:46:56.150" style="s2">to defend their religion to defend</p>
<p begin="00:46:52.620" end="00:46:59.299" style="s2">everything they believe in</p>
<p begin="00:46:56.150" end="00:47:01.029" style="s2">of course the state comes to hair because</p>
<p begin="00:46:59.299" end="00:47:04.160" style="s2">everything apply this any</p>
<p begin="00:47:01.029" end="00:47:05.329" style="s2">word to describe that science</p>
<p begin="00:47:04.160" end="00:47:06.770" style="s2">Politics is also a science that is</p>
<p begin="00:47:05.329" end="00:47:08.990" style="s2">developed in the 19th century</p>
<p begin="00:47:06.770" end="00:47:10.490" style="s2">approximately is just when the</p>
<p begin="00:47:08.990" end="00:47:12.190" style="s2">state is at its best</p>
<p begin="00:47:10.490" end="00:47:14.560" style="s2">then</p>
<p begin="00:47:12.190" end="00:47:16.599" style="s2">from the perfect shape and the shape</p>
<p begin="00:47:14.560" end="00:47:18.160" style="s2">that you apply to analyze the rest of</p>
<p begin="00:47:16.599" end="00:47:20.349" style="s2">past political societies also with</p>
<p begin="00:47:18.160" end="00:47:23.410" style="s2">their categories with their with their ideas</p>
<p begin="00:47:20.349" end="00:47:25.690" style="s2">full but it is very difficult to see or it is very</p>
<p begin="00:47:23.410" end="00:47:27.550" style="s2">hard to see why this is</p>
<p begin="00:47:25.690" end="00:47:29.040" style="s2">important why this has not been</p>
<p begin="00:47:27.550" end="00:47:31.240" style="s2">so historically</p>
<p begin="00:47:29.040" end="00:47:33.790" style="s2">this looks really good</p>
<p begin="00:47:31.240" end="00:47:35.589" style="s2">It seems to me not when you analyze the</p>
<p begin="00:47:33.790" end="00:47:37.480" style="s2">right when abroad the right</p>
<p begin="00:47:35.589" end="00:47:40.089" style="s2">because it is a very clear distinction between</p>
<p begin="00:47:37.480" end="00:47:41.440" style="s2">authority and power what you see</p>
<p begin="00:47:40.089" end="00:47:43.300" style="s2">that this power precisely that is</p>
<p begin="00:47:41.440" end="00:47:46.930" style="s2">constitutes to uphold these beliefs</p>
<p begin="00:47:43.300" end="00:47:49.660" style="s2">is not the same as authority and that gives</p>
<p begin="00:47:46.930" end="00:47:50.829" style="s2">validity to those that are not normally or</p>
<p begin="00:47:49.660" end="00:47:53.260" style="s2">historically they have been quite</p>
<p begin="00:47:50.829" end="00:47:54.730" style="s2">separated at least in the west and</p>
<p begin="00:47:53.260" end="00:47:57.740" style="s2">about especially well both in rome</p>
<p begin="00:47:54.730" end="00:48:01.160" style="s2">as in christianity</p>
<p begin="00:47:57.740" end="00:48:04.800" style="s2">you clearly see how</p>
<p begin="00:48:01.160" end="00:48:06.480" style="s2">political power does not create law</p>
<p begin="00:48:04.800" end="00:48:10.810" style="s2">that the identification between right and</p>
<p begin="00:48:06.480" end="00:48:12.550" style="s2">law is a modern production</p>
<p begin="00:48:10.810" end="00:48:15.190" style="s2">and political power submitted to the</p>
<p begin="00:48:12.550" end="00:48:19.390" style="s2">authority no and as the case concrete me</p>
<p begin="00:48:15.190" end="00:48:21.040" style="s2">No, for example, the law in Rome was not</p>
<p begin="00:48:19.390" end="00:48:22.810" style="s2">creation of political power not the</p>
<p begin="00:48:21.040" end="00:48:25.450" style="s2">Roman law were the jurisprudent</p>
<p begin="00:48:22.810" end="00:48:27.460" style="s2">private were those who determined that</p>
<p begin="00:48:25.450" end="00:48:28.630" style="s2">It was fair in the specific case that</p>
<p begin="00:48:27.460" end="00:48:30.880" style="s2">determined what was to be</p>
<p begin="00:48:28.630" end="00:48:33.490" style="s2">give each one to solve a case</p>
<p begin="00:48:30.880" end="00:48:35.920" style="s2">particular when a person claimed</p>
<p begin="00:48:33.490" end="00:48:37.540" style="s2">justice was resorted to these poor</p>
<p begin="00:48:35.920" end="00:48:39.400" style="s2">speakers for what is a solution of</p>
<p begin="00:48:37.540" end="00:48:41.010" style="s2">right to a fair solution to the case</p>
<p begin="00:48:39.400" end="00:48:44.020" style="s2">not concrete</p>
<p begin="00:48:41.010" end="00:48:46.210" style="s2">exists that I have because this maybe can</p>
<p begin="00:48:44.020" end="00:48:48.910" style="s2">bring some light I finished</p>
<p begin="00:48:46.210" end="00:48:52.000" style="s2">architecture and how speed was</p>
<p begin="00:48:48.910" end="00:48:54.460" style="s2">After studying I got into law, I don&#39;t know</p>
<p begin="00:48:52.000" end="00:48:55.900" style="s2">I lasted a quarter because I started right</p>
<p begin="00:48:54.460" end="00:48:57.430" style="s2">and I started my company and it was like having or</p>
<p begin="00:48:55.900" end="00:49:00.430" style="s2">one or the other but you can&#39;t be</p>
<p begin="00:48:57.430" end="00:49:01.960" style="s2">counted but I really liked the</p>
<p begin="00:49:00.430" end="00:49:04.570" style="s2">part of the jurisprudence that is a</p>
<p begin="00:49:01.960" end="00:49:06.820" style="s2">word that is thrown many times there</p>
<p begin="00:49:04.570" end="00:49:08.950" style="s2">but at least i had no idea</p>
<p begin="00:49:06.820" end="00:49:11.970" style="s2">what it meant and how I understood it</p>
<p begin="00:49:08.950" end="00:49:13.369" style="s2">maybe wrong but the jurisprudence is</p>
<p begin="00:49:11.970" end="00:49:16.320" style="s2">andtry</p>
<p begin="00:49:13.369" end="00:49:19.140" style="s2">see if something is right or wrong in</p>
<p begin="00:49:16.320" end="00:49:21.290" style="s2">based on the traditional to what has been</p>
<p begin="00:49:19.140" end="00:49:24.180" style="s2">I have been accepting as good and as bad</p>
<p begin="00:49:21.290" end="00:49:27.960" style="s2">Exactly that is the art of giving to each one</p>
<p begin="00:49:24.180" end="00:49:29.670" style="s2">his thing and if it is something new it is about</p>
<p begin="00:49:27.960" end="00:49:30.960" style="s2">to see what is new and how it is</p>
<p begin="00:49:29.670" end="00:49:32.609" style="s2">can articulate based on what they have</p>
<p begin="00:49:30.960" end="00:49:33.680" style="s2">said others previously and in the case</p>
<p begin="00:49:32.609" end="00:49:36.150" style="s2">concrete</p>
<p begin="00:49:33.680" end="00:49:38.460" style="s2">peculiar to try to do justice in that</p>
<p begin="00:49:36.150" end="00:49:39.780" style="s2">specific case but it was an art they were some</p>
<p begin="00:49:38.460" end="00:49:42.390" style="s2">specialized people that is the</p>
<p begin="00:49:39.780" end="00:49:44.280" style="s2">creation of rome in quotes not the</p>
<p begin="00:49:42.390" end="00:49:46.080" style="s2">Right the Greek polis for example not</p>
<p begin="00:49:44.280" end="00:49:47.849" style="s2">there was right there was no art of</p>
<p begin="00:49:46.080" end="00:49:50.369" style="s2">determine what was fair in the case</p>
<p begin="00:49:47.849" end="00:49:52.290" style="s2">concrete there was no art</p>
<p begin="00:49:50.369" end="00:49:54.540" style="s2">of specific people specialized in</p>
<p begin="00:49:52.290" end="00:49:57.019" style="s2">determine what is the best solution to</p>
<p begin="00:49:54.540" end="00:49:59.030" style="s2">a problem a conflict</p>
<p begin="00:49:57.019" end="00:50:04.040" style="s2">then</p>
<p begin="00:49:59.030" end="00:50:06.060" style="s2">that&#39;s how you said now in rome the</p>
<p begin="00:50:04.040" end="00:50:08.910" style="s2">authority</p>
<p begin="00:50:06.060" end="00:50:11.840" style="s2">were these jurisprudents who were a</p>
<p begin="00:50:08.910" end="00:50:15.330" style="s2">little those who acted as judges in some</p>
<p begin="00:50:11.840" end="00:50:16.950" style="s2">type of dispute those who analyzed what</p>
<p begin="00:50:15.330" end="00:50:18.840" style="s2">what was being done up to now</p>
<p begin="00:50:16.950" end="00:50:23.310" style="s2">in theory it was considered in that society</p>
<p begin="00:50:18.840" end="00:50:24.630" style="s2">like like just right exact had</p>
<p begin="00:50:23.310" end="00:50:26.280" style="s2">a very clear distinction between knowledge</p>
<p begin="00:50:24.630" end="00:50:28.020" style="s2">socially recognized and the power</p>
<p begin="00:50:26.280" end="00:50:29.630" style="s2">socially recognized was not understood</p>
<p begin="00:50:28.020" end="00:50:31.740" style="s2">that law was not a matter of</p>
<p begin="00:50:29.630" end="00:50:35.460" style="s2">bailiffs was a matter of prudent was</p>
<p begin="00:50:31.740" end="00:50:37.650" style="s2">question of a knowledge that determined that</p>
<p begin="00:50:35.460" end="00:50:39.300" style="s2">it was the right thing to do these people didn&#39;t have one</p>
<p begin="00:50:37.650" end="00:50:41.910" style="s2">law that led to political power and had</p>
<p begin="00:50:39.300" end="00:50:43.950" style="s2">to subsume the case in the law or anything</p>
<p begin="00:50:41.910" end="00:50:45.750" style="s2">of this style these connections are not very</p>
<p begin="00:50:43.950" end="00:50:47.520" style="s2">very very very recent I&#39;m not talking</p>
<p begin="00:50:45.750" end="00:50:50.430" style="s2">of about 400 years a hundred years a</p>
<p begin="00:50:47.520" end="00:50:52.080" style="s2">corrective there was no law then there was</p>
<p begin="00:50:50.430" end="00:50:54.540" style="s2">law but the law had a very</p>
<p begin="00:50:52.080" end="00:50:56.610" style="s2">peculiar very concrete very little there was no</p>
<p begin="00:50:54.540" end="00:50:59.070" style="s2">legislation as such were very</p>
<p begin="00:50:56.610" end="00:51:01.680" style="s2">of social ordering and was not</p>
<p begin="00:50:59.070" end="00:51:04.440" style="s2">first source of law, that is, the</p>
<p begin="00:51:01.680" end="00:51:06.270" style="s2">judge was not forced to follow what</p>
<p begin="00:51:04.440" end="00:51:09.240" style="s2">said the political power to determine</p>
<p begin="00:51:06.270" end="00:51:11.619" style="s2">in a lawsuit who was right or what</p>
<p begin="00:51:09.240" end="00:51:13.510" style="s2">had to be applied or what justice had</p>
<p begin="00:51:11.619" end="00:51:15.990" style="s2">than to make it into one thing completely</p>
<p begin="00:51:13.510" end="00:51:18.610" style="s2">separated then look much better</p>
<p begin="00:51:15.990" end="00:51:19.600" style="s2">and you look at Christianity not because</p>
<p begin="00:51:18.610" end="00:51:22.210" style="s2">example in the discovery of america</p>
<p begin="00:51:19.600" end="00:51:25.090" style="s2">when the territories of the</p>
<p begin="00:51:22.210" end="00:51:26.980" style="s2">new discovery by the colon</p>
<p begin="00:51:25.090" end="00:51:29.730" style="s2">assigns us with the Alexandrian bulls the</p>
<p begin="00:51:26.980" end="00:51:30.950" style="s2">dad profile is the one who recognizes</p>
<p begin="00:51:29.730" end="00:51:33.119" style="s2">the</p>
<p begin="00:51:30.950" end="00:51:36.260" style="s2">ownership of those territories álava</p>
<p begin="00:51:33.119" end="00:51:38.960" style="s2">Hispanic to the Catholic Monarchs</p>
<p begin="00:51:36.260" end="00:51:41.870" style="s2">with the Alexandrian bulls and the penalty</p>
<p begin="00:51:38.960" end="00:51:44.960" style="s2">between meals for breaking that authority</p>
<p begin="00:51:41.870" end="00:51:47.450" style="s2">of the pope was the excommunication it was not that yes</p>
<p begin="00:51:44.960" end="00:51:50.050" style="s2">someone invaded that territory that you were</p>
<p begin="00:51:47.450" end="00:51:52.490" style="s2">as a side if you did not have the authorization</p>
<p begin="00:51:50.050" end="00:51:54.050" style="s2">pertinent not there it is seen very clearly</p>
<p begin="00:51:52.490" end="00:51:56.330" style="s2">like political power kings</p>
<p begin="00:51:54.050" end="00:51:58.320" style="s2">Catholics who actually are</p>
<p begin="00:51:56.330" end="00:52:02.490" style="s2">emperors</p>
<p begin="00:51:58.320" end="00:52:05.940" style="s2">in the world they do not have a June list</p>
<p begin="00:52:02.490" end="00:52:07.650" style="s2">they don&#39;t have that they don&#39;t have authority to</p>
<p begin="00:52:05.940" end="00:52:10.200" style="s2">determine that this new territory of yours</p>
<p begin="00:52:07.650" end="00:52:12.660" style="s2">I plant days the age the paper so</p>
<p begin="00:52:10.200" end="00:52:15.060" style="s2">subjected to authority is very clear</p>
<p begin="00:52:12.660" end="00:52:18.230" style="s2">the distinction between power and</p>
<p begin="00:52:15.060" end="00:52:21.150" style="s2">authority and this is precisely what</p>
<p begin="00:52:18.230" end="00:52:24.180" style="s2">characteristic of the state not the merge</p>
<p begin="00:52:21.150" end="00:52:26.540" style="s2">the power and authority the potestas</p>
<p begin="00:52:24.180" end="00:52:26.540" style="s2">the author</p>
<p begin="00:52:27.340" end="00:52:31.870" style="s2">I mean, I know where we are leading because I</p>
<p begin="00:52:29.770" end="00:52:33.280" style="s2">read the book obviously but it&#39;s something</p>
<p begin="00:52:31.870" end="00:52:35.550" style="s2">that costs a lot</p>
<p begin="00:52:33.280" end="00:52:38.680" style="s2">I don&#39;t want to stop for a moment here</p>
<p begin="00:52:35.550" end="00:52:43.420" style="s2">understanding authority here we have</p>
<p begin="00:52:38.680" end="00:52:45.760" style="s2">mixed 222 historical ideas is this</p>
<p begin="00:52:43.420" end="00:52:47.200" style="s2">political management we are not going to call him</p>
<p begin="00:52:45.760" end="00:52:48.700" style="s2">state that is what you said now that</p>
<p begin="00:52:47.200" end="00:52:51.070" style="s2">the state called it all no no no</p>
<p begin="00:52:48.700" end="00:52:53.020" style="s2">there is this set of political norms</p>
<p begin="00:52:51.070" end="00:52:55.330" style="s2">that they used in Rome there were some</p>
<p begin="00:52:53.020" end="00:52:59.710" style="s2">jurisprudent here there was no religion</p>
<p begin="00:52:55.330" end="00:53:03.070" style="s2">we are talking about some people who</p>
<p begin="00:52:59.710" end="00:53:05.860" style="s2">dedicated to judging based on evaluating in</p>
<p begin="00:53:03.070" end="00:53:08.620" style="s2">Based on what is commonly understood</p>
<p begin="00:53:05.860" end="00:53:11.800" style="s2">as good or bad curious by the way that</p>
<p begin="00:53:08.620" end="00:53:14.410" style="s2">in the United States and in England</p>
<p begin="00:53:11.800" end="00:53:18.040" style="s2">legal model is based a lot on this in</p>
<p begin="00:53:14.410" end="00:53:20.200" style="s2">case law in the exact common low</p>
<p begin="00:53:18.040" end="00:53:22.180" style="s2">they are the heirs of this model and</p>
<p begin="00:53:20.200" end="00:53:24.490" style="s2">that is why in them the state form and the</p>
<p begin="00:53:22.180" end="00:53:26.380" style="s2">sovereignty they are alien they are alien ideas no</p>
<p begin="00:53:24.490" end="00:53:27.970" style="s2">to look it is very clear in the</p>
<p begin="00:53:26.380" end="00:53:29.410" style="s2">distinction between the separation of</p>
<p begin="00:53:27.970" end="00:53:32.339" style="s2">powers to use for the model</p>
<p begin="00:53:29.410" end="00:53:34.049" style="s2">America and the division of powers</p>
<p begin="00:53:32.339" end="00:53:36.210" style="s2">use the continental European model</p>
<p begin="00:53:34.049" end="00:53:38.279" style="s2">there is talk of a separation</p>
<p begin="00:53:36.210" end="00:53:40.920" style="s2">strong and here they are talking about the</p>
<p begin="00:53:38.279" end="00:53:42.539" style="s2">power is merged but that is divided</p>
<p begin="00:53:40.920" end="00:53:45.210" style="s2">merger of powers is precisely the</p>
<p begin="00:53:42.539" end="00:53:47.849" style="s2">fusion of sovereignty the fusion of</p>
<p begin="00:53:45.210" end="00:53:50.009" style="s2">power and authority for example in</p>
<p begin="00:53:47.849" end="00:53:51.299" style="s2">england a judge that is not a policeman</p>
<p begin="00:53:50.009" end="00:53:53.460" style="s2">he can sanction you I can&#39;t with one</p>
<p begin="00:53:51.299" end="00:53:56.009" style="s2">fine there are lay judges that is to say that</p>
<p begin="00:53:53.460" end="00:53:58.829" style="s2">they are unaware of the right that they are</p>
<p begin="00:53:56.009" end="00:54:00.150" style="s2">that in the police notifies a possible</p>
<p begin="00:53:58.829" end="00:54:02.279" style="s2">fine and they are the ones who decide if the</p>
<p begin="00:54:00.150" end="00:54:04.499" style="s2">put or not for us to see</p>
<p begin="00:54:02.279" end="00:54:07.380" style="s2">this very sharp difference between the</p>
<p begin="00:54:04.499" end="00:54:09.150" style="s2">models where an authority is maintained</p>
<p begin="00:54:07.380" end="00:54:10.950" style="s2">there is a separation of powers and the</p>
<p begin="00:54:09.150" end="00:54:12.630" style="s2">let them notice the french revolution</p>
<p begin="00:54:10.950" end="00:54:15.199" style="s2">american revolution has nothing to do</p>
<p begin="00:54:12.630" end="00:54:17.849" style="s2">see in this sense</p>
<p begin="00:54:15.199" end="00:54:21.150" style="s2">When I&#39;m straight, I found this funny</p>
<p begin="00:54:17.849" end="00:54:23.279" style="s2">not that in the continental model</p>
<p begin="00:54:21.150" end="00:54:24.989" style="s2">we have constitutions that fix a little</p>
<p begin="00:54:23.279" end="00:54:27.059" style="s2">the rules, that is, it&#39;s like</p>
<p begin="00:54:24.989" end="00:54:29.189" style="s2">we rewrote the rules from a moment</p>
<p begin="00:54:27.059" end="00:54:31.640" style="s2">determined the Spanish since from the</p>
<p begin="00:54:29.189" end="00:54:35.459" style="s2">death from franc onwards no and</p>
<p begin="00:54:31.640" end="00:54:38.849" style="s2">in English or American law</p>
<p begin="00:54:35.459" end="00:54:41.660" style="s2">common law has the laws that are</p>
<p begin="00:54:38.849" end="00:54:44.390" style="s2">these commonly accepted rules from</p>
<p begin="00:54:41.660" end="00:54:46.650" style="s2">since it became known</p>
<p begin="00:54:44.390" end="00:54:48.499" style="s2">British Empire and before that is</p>
<p begin="00:54:46.650" end="00:54:51.209" style="s2">they have those rules</p>
<p begin="00:54:48.499" end="00:54:52.919" style="s2">stupid girls that sometimes come out in the</p>
<p begin="00:54:51.209" end="00:54:55.919" style="s2">news that they have removed a law that</p>
<p begin="00:54:52.919" end="00:54:58.949" style="s2">allowed that if a Scotsman entered</p>
<p begin="00:54:55.919" end="00:55:01.640" style="s2">I do not know what English territory could be</p>
<p begin="00:54:58.949" end="00:55:03.779" style="s2">kill with crossbow not because they were like</p>
<p begin="00:55:01.640" end="00:55:05.549" style="s2">rules that had remained as there</p>
<p begin="00:55:03.779" end="00:55:07.499" style="s2">accumulated that was well I guess</p>
<p begin="00:55:05.549" end="00:55:08.969" style="s2">for two hundred years should be</p>
<p begin="00:55:07.499" end="00:55:10.289" style="s2">more normal with which a</p>
<p begin="00:55:08.969" end="00:55:13.529" style="s2">Scottish and I have to kill him with</p>
<p begin="00:55:10.289" end="00:55:15.839" style="s2">crossbow but that knowledge</p>
<p begin="00:55:13.529" end="00:55:17.309" style="s2">It was permeating that is what has added</p>
<p begin="00:55:15.839" end="00:55:19.979" style="s2">what is right and what is</p>
<p begin="00:55:17.309" end="00:55:22.470" style="s2">wrong while here from</p>
<p begin="00:55:19.979" end="00:55:26.760" style="s2">certain moment we have believed</p>
<p begin="00:55:22.470" end="00:55:28.290" style="s2">capable has run with problems and</p>
<p begin="00:55:26.760" end="00:55:30.599" style="s2">with virtues but we have believed</p>
<p begin="00:55:28.290" end="00:55:33.150" style="s2">capable of redefining everything and making</p>
<p begin="00:55:30.599" end="00:55:34.650" style="s2">like a reboot from a certain moment no</p>
<p begin="00:55:33.150" end="00:55:37.020" style="s2">this all this idea all this that</p>
<p begin="00:55:34.650" end="00:55:39.930" style="s2">we are discussing is to reinforce the</p>
<p begin="00:55:37.020" end="00:55:42.270" style="s2">separation from the authority that was this</p>
<p begin="00:55:39.930" end="00:55:44.340" style="s2">jurisprudence in rome&#39; also and in the</p>
<p begin="00:55:42.270" end="00:55:46.380" style="s2">Spanish Empire</p>
<p begin="00:55:44.340" end="00:55:47.849" style="s2">Exactly, let&#39;s think about the USA, for example.</p>
<p begin="00:55:46.380" end="00:55:50.220" style="s2">because what you have actually commented</p>
<p begin="00:55:47.849" end="00:55:51.869" style="s2">That&#39;s the way I think that in the US there is no state</p>
<p begin="00:55:50.220" end="00:55:53.880" style="s2">as such because the idea of ​​sovereignty</p>
<p begin="00:55:51.869" end="00:55:56.960" style="s2">is foreign to the american revolution</p>
<p begin="00:55:53.880" end="00:55:59.130" style="s2">not a distinct political innovation</p>
<p begin="00:55:56.960" end="00:56:00.690" style="s2">by a separation of powers very</p>
<p begin="00:55:59.130" end="00:56:03.720" style="s2">cutting</p>
<p begin="00:56:00.690" end="00:56:07.650" style="s2">and for example a judge can annul a</p>
<p begin="00:56:03.720" end="00:56:10.440" style="s2">political order when it comes to prevented</p>
<p begin="00:56:07.650" end="00:56:11.760" style="s2">people people of some countries</p>
<p begin="00:56:10.440" end="00:56:15.569" style="s2">muslim prisoners focus on in</p>
<p begin="00:56:11.760" end="00:56:18.119" style="s2">United States a private judge who</p>
<p begin="00:56:15.569" end="00:56:20.339" style="s2">canceled an order of the president of the usa</p>
<p begin="00:56:18.119" end="00:56:22.170" style="s2">let&#39;s not think about that now we think about</p>
<p begin="00:56:20.339" end="00:56:24.690" style="s2">how a strong separation of powers</p>
<p begin="00:56:22.170" end="00:56:26.089" style="s2">there remains still not process of</p>
<p begin="00:56:24.690" end="00:56:29.040" style="s2">that everything that may seem</p>
<p begin="00:56:26.089" end="00:56:31.109" style="s2">and yet this here in the system</p>
<p begin="00:56:29.040" end="00:56:34.170" style="s2">continental lacks completely</p>
<p begin="00:56:31.109" end="00:56:35.670" style="s2">sense not because political power</p>
<p begin="00:56:34.170" end="00:56:38.910" style="s2">with the party system that makes</p>
<p begin="00:56:35.670" end="00:56:42.060" style="s2">the law he who executes it and the judges his</p>
<p begin="00:56:38.910" end="00:56:43.589" style="s2">role is essentially to subsume the case</p>
<p begin="00:56:42.060" end="00:56:44.609" style="s2">concrete that is presented to them in the law</p>
<p begin="00:56:43.589" end="00:56:47.440" style="s2">What has political power done?</p>
<p begin="00:56:44.609" end="00:56:49.990" style="s2">then</p>
<p begin="00:56:47.440" end="00:56:51.670" style="s2">no no there is no so to speak separation of</p>
<p begin="00:56:49.990" end="00:56:55.150" style="s2">powers all power is concentrated</p>
<p begin="00:56:51.670" end="00:56:57.280" style="s2">all power is merged</p>
<p begin="00:56:55.150" end="00:56:59.710" style="s2">and this this is a bit the question not of</p>
<p begin="00:56:57.280" end="00:57:01.540" style="s2">try to discriminate well the bod and not</p>
<p begin="00:56:59.710" end="00:57:04.630" style="s2">precisely the one who performs this</p>
<p begin="00:57:01.540" end="00:57:06.610" style="s2">fusion is not fusion of sovereignty the</p>
<p begin="00:57:04.630" end="00:57:08.560" style="s2">idea that the authoritas and the power</p>
<p begin="00:57:06.610" end="00:57:11.830" style="s2">preside mainly in the monarch not</p>
<p begin="00:57:08.560" end="00:57:13.150" style="s2">this is the main historical step of</p>
<p begin="00:57:11.830" end="00:57:14.850" style="s2">monarchies, for example, such as the</p>
<p begin="00:57:13.150" end="00:57:17.470" style="s2">Hispanic that she did recognize this</p>
<p begin="00:57:14.850" end="00:57:19.390" style="s2">discrimination clearly not for example</p>
<p begin="00:57:17.470" end="00:57:21.820" style="s2">As we have commented before formulations</p>
<p begin="00:57:19.390" end="00:57:23.230" style="s2">andean later</p>
<p begin="00:57:21.820" end="00:57:25.150" style="s2">the discussions that were held for example</p>
<p begin="00:57:23.230" end="00:57:27.220" style="s2">on the indians on the runoff</p>
<p begin="00:57:25.150" end="00:57:29.380" style="s2">I feared having them from America from Sepúlveda</p>
<p begin="00:57:27.220" end="00:57:31.540" style="s2">with bartolomé de las casas he was not the king</p>
<p begin="00:57:29.380" end="00:57:34.660" style="s2">the one who decided as such the one who did his</p>
<p begin="00:57:31.540" end="00:57:36.880" style="s2">will to make legislation but</p>
<p begin="00:57:34.660" end="00:57:38.260" style="s2">who delegated to those who knew about</p>
<p begin="00:57:36.880" end="00:57:40.720" style="s2">The authority</p>
<p begin="00:57:38.260" end="00:57:45.070" style="s2">Well, in fact, I think that Brazil is</p>
<p begin="00:57:40.720" end="00:57:47.680" style="s2">Portuguese also for a topic that</p>
<p begin="00:57:45.070" end="00:57:50.530" style="s2">the church ends up deciding because I don&#39;t know</p>
<p begin="00:57:47.680" end="00:57:52.060" style="s2">that the story that I remember not</p>
<p begin="00:57:50.530" end="00:57:53.920" style="s2">It must be, that is, it must not be very</p>
<p begin="00:57:52.060" end="00:57:55.690" style="s2">correct but that a little there was</p>
<p begin="00:57:53.920" end="00:57:58.030" style="s2">arrived a priest had evan hill to a</p>
<p begin="00:57:55.690" end="00:57:59.650" style="s2">Portuguese priest had evangelized the</p>
<p begin="00:57:58.030" end="00:58:01.600" style="s2">territory of brazil and that had arrived</p>
<p begin="00:57:59.650" end="00:58:03.640" style="s2">because the sea had taken him sa for de</p>
<p begin="00:58:01.600" end="00:58:04.960" style="s2">signs of god and in the end the church</p>
<p begin="00:58:03.640" end="00:58:07.660" style="s2">as it was the one that granted that</p>
<p begin="00:58:04.960" end="00:58:09.130" style="s2">territory to portugal and not to the empire</p>
<p begin="00:58:07.660" end="00:58:11.140" style="s2">Spanish like something like that</p>
<p begin="00:58:09.130" end="00:58:12.910" style="s2">It seems that the exact topic was going this is</p>
<p begin="00:58:11.140" end="00:58:15.070" style="s2">this is the central issue not that the state</p>
<p begin="00:58:12.910" end="00:58:17.500" style="s2">is constituted largely against the</p>
<p begin="00:58:15.070" end="00:58:18.760" style="s2">catholic church this is a bit lo</p>
<p begin="00:58:17.500" end="00:58:20.940" style="s2">central not in the catholic church that</p>
<p begin="00:58:18.760" end="00:58:22.660" style="s2">has a primary intent</p>
<p begin="00:58:20.940" end="00:58:23.980" style="s2">universalist</p>
<p begin="00:58:22.660" end="00:58:26.050" style="s2">that is to say, for example, the Spanish empire</p>
<p begin="00:58:23.980" end="00:58:27.970" style="s2">does not try to evangelize the whole world</p>
<p begin="00:58:26.050" end="00:58:30.730" style="s2">tries to conquer and evangelize everything</p>
<p begin="00:58:27.970" end="00:58:33.820" style="s2">the world ends up being confronted by</p>
<p begin="00:58:30.730" end="00:58:37.590" style="s2">Protestant traits</p>
<p begin="00:58:33.820" end="00:58:41.370" style="s2">let&#39;s not think for example how it breaks</p>
<p begin="00:58:37.590" end="00:58:43.080" style="s2">Anglicanism with Enrico with the eighth</p>
<p begin="00:58:41.370" end="00:58:44.790" style="s2">who wants to divorce does not want</p>
<p begin="00:58:43.080" end="00:58:46.530" style="s2">recognize the authority of the pope</p>
<p begin="00:58:44.790" end="00:58:48.600" style="s2">Anyone recognize the authority of the s</p>
<p begin="00:58:46.530" end="00:58:50.610" style="s2">he himself becomes the head of the</p>
<p begin="00:58:48.600" end="00:58:53.580" style="s2">Anglican church being authority and</p>
<p begin="00:58:50.610" end="00:58:56.790" style="s2">power at the same time does not become</p>
<p begin="00:58:53.580" end="00:58:58.920" style="s2">in the head of the church the ideas of</p>
<p begin="00:58:56.790" end="00:59:01.050" style="s2">body have mainly no development</p>
<p begin="00:58:58.920" end="00:59:02.400" style="s2">in France there is no idea of ​​​​the merger that</p>
<p begin="00:59:01.050" end="00:59:04.470" style="s2">here we get the bourbons for example</p>
<p begin="00:59:02.400" end="00:59:06.210" style="s2">This is also very clear if analyzing</p>
<p begin="00:59:04.470" end="00:59:10.320" style="s2">the history of law in spain not the</p>
<p begin="00:59:06.210" end="00:59:13.140" style="s2">fueros for someone who has</p>
<p begin="00:59:10.320" end="00:59:15.000" style="s2">that tries to analyze the fueros from</p>
<p begin="00:59:13.140" end="00:59:17.130" style="s2">the perspective of the state is</p>
<p begin="00:59:15.000" end="00:59:18.270" style="s2">incomprehensible not because they are the forms</p>
<p begin="00:59:17.130" end="00:59:20.130" style="s2">legal entities in which they are organized</p>
<p begin="00:59:18.270" end="00:59:22.290" style="s2">territorially part of different</p>
<p begin="00:59:20.130" end="00:59:23.670" style="s2">states precisely the input of</p>
<p begin="00:59:22.290" end="00:59:25.650" style="s2">The idea of ​​sovereignty in Spain is</p>
<p begin="00:59:23.670" end="00:59:27.690" style="s2">produced with the entry of the Bourbons to</p>
<p begin="00:59:25.650" end="00:59:30.330" style="s2">the succession of the war of the war of</p>
<p begin="00:59:27.690" end="00:59:31.710" style="s2">succession when Felipe Quinto arrives</p>
<p begin="00:59:30.330" end="00:59:33.420" style="s2">The first thing he does is remove the privileges</p>
<p begin="00:59:31.710" end="00:59:35.130" style="s2">with the new plant decrees for</p>
<p begin="00:59:33.420" end="00:59:37.320" style="s2">catalonia the way it is</p>
<p begin="00:59:35.130" end="00:59:39.180" style="s2">expressed there it looks very good and very</p>
<p begin="00:59:37.320" end="00:59:40.440" style="s2">clear as this idea of ​​sovereignty of</p>
<p begin="00:59:39.180" end="00:59:42.660" style="s2">this rent</p>
<p begin="00:59:40.440" end="00:59:45.630" style="s2">the king is a sovereign who is in</p>
<p begin="00:59:42.660" end="00:59:47.010" style="s2">possession in capacity to despise the</p>
<p begin="00:59:45.630" end="00:59:48.839" style="s2">ways in which they are organized and what</p>
<p begin="00:59:47.010" end="00:59:51.510" style="s2">consider consider making their way</p>
<p begin="00:59:48.839" end="00:59:52.710" style="s2">justice the territories or the various</p>
<p begin="00:59:51.510" end="00:59:55.500" style="s2">populations of regions or communities</p>
<p begin="00:59:52.710" end="00:59:58.740" style="s2">policies that he is able to</p>
<p begin="00:59:55.500" end="01:00:01.380" style="s2">special or suppress them is exempt from</p>
<p begin="00:59:58.740" end="01:00:03.510" style="s2">fulfill the rights not and that&#39;s what I am here</p>
<p begin="01:00:01.380" end="01:00:05.349" style="s2">very clear not like the bourbons</p>
<p begin="01:00:03.510" end="01:00:08.300" style="s2">organize</p>
<p begin="01:00:05.349" end="01:00:12.110" style="s2">and super clear authority</p>
<p begin="01:00:08.300" end="01:00:14.090" style="s2">power I know that you are already in the</p>
<p begin="01:00:12.110" end="01:00:17.300" style="s2">sovereignty that is the mixture of the twelve</p>
<p begin="01:00:14.090" end="01:00:19.850" style="s2">the union in a single visible head the</p>
<p begin="01:00:17.300" end="01:00:23.030" style="s2">monarch the absolute monarch that is the</p>
<p begin="01:00:19.850" end="01:00:25.670" style="s2">sovereignty but I just don&#39;t</p>
<p begin="01:00:23.030" end="01:00:28.700" style="s2">understand what role they painted or which one</p>
<p begin="01:00:25.670" end="01:00:31.220" style="s2">was the authority before this merger</p>
<p begin="01:00:28.700" end="01:00:32.750" style="s2">if the church is telling me if a</p>
<p begin="01:00:31.220" end="01:00:35.930" style="s2">territory can be mine can not be</p>
<p begin="01:00:32.750" end="01:00:37.820" style="s2">mine and it is a bit of end marking the</p>
<p begin="01:00:35.930" end="01:00:40.250" style="s2">that today we understand as law not what it is</p>
<p begin="01:00:37.820" end="01:00:43.210" style="s2">correct and it is not correct who judges</p>
<p begin="01:00:40.250" end="01:00:45.650" style="s2">are these jurisprudents of the church</p>
<p begin="01:00:43.210" end="01:00:48.380" style="s2">what was the role of the power which</p>
<p begin="01:00:45.650" end="01:00:50.150" style="s2">the function of the power was the defense</p>
<p begin="01:00:48.380" end="01:00:51.790" style="s2">mainly of these beliefs is</p>
<p begin="01:00:50.150" end="01:00:54.110" style="s2">say the defense</p>
<p begin="01:00:51.790" end="01:00:55.840" style="s2">essentially of this way of life in</p>
<p begin="01:00:54.110" end="01:00:59.020" style="s2">common</p>
<p begin="01:00:55.840" end="01:01:01.090" style="s2">and natural spontaneous that was the one that</p>
<p begin="01:00:59.020" end="01:01:02.290" style="s2">they tried to defend not the</p>
<p begin="01:01:01.090" end="01:01:03.430" style="s2">protest ago also had a lot</p>
<p begin="01:01:02.290" end="01:01:05.710" style="s2">prestige had a lot of recognition</p>
<p begin="01:01:03.430" end="01:01:07.120" style="s2">social and, for example, let&#39;s think about the</p>
<p begin="01:01:05.710" end="01:01:09.940" style="s2">wars not how they were made</p>
<p begin="01:01:07.120" end="01:01:11.800" style="s2">spiritually reconquer why</p>
<p begin="01:01:09.940" end="01:01:14.440" style="s2">we say no that against the</p>
<p begin="01:01:11.800" end="01:01:18.340" style="s2">Moors not for the defense of a faith for the</p>
<p begin="01:01:14.440" end="01:01:21.370" style="s2">defense of a way of life in common</p>
<p begin="01:01:18.340" end="01:01:24.610" style="s2">that is done from the power not with the</p>
<p begin="01:01:21.370" end="01:01:25.960" style="s2">authorization of the authority no but with</p>
<p begin="01:01:24.610" end="01:01:29.230" style="s2">power even to war</p>
<p begin="01:01:25.960" end="01:01:31.000" style="s2">Spanish civil, for example, is done from</p>
<p begin="01:01:29.230" end="01:01:32.440" style="s2">the authority in quotes with the</p>
<p begin="01:01:31.000" end="01:01:35.380" style="s2">authorization of the church as a</p>
<p begin="01:01:32.440" end="01:01:37.090" style="s2">crusade not in religious terms in</p>
<p begin="01:01:35.380" end="01:01:40.620" style="s2">terms of authority to recognize this</p>
<p begin="01:01:37.090" end="01:01:42.810" style="s2">external authority political power</p>
<p begin="01:01:40.620" end="01:01:44.880" style="s2">a bit like security like the</p>
<p begin="01:01:42.810" end="01:01:47.580" style="s2">damp feeling like they do a bit</p>
<p begin="01:01:44.880" end="01:01:49.710" style="s2">of interior ministry that is your</p>
<p begin="01:01:47.580" end="01:01:53.210" style="s2">role is essentially one of security and</p>
<p begin="01:01:49.710" end="01:01:53.210" style="s2">defense of the political community</p>
<p begin="01:01:54.030" end="01:01:58.950" style="s2">and then what was coming is introduced</p>
<p begin="01:01:56.130" end="01:02:00.540" style="s2">now body does not create the figure of the</p>
<p begin="01:01:58.950" end="01:02:03.180" style="s2">sovereignty we love bitcoins</p>
<p begin="01:02:00.540" end="01:02:05.430" style="s2">this of we are sovereign sovereigns such</p>
<p begin="01:02:03.180" end="01:02:07.770" style="s2">we have the word sovereignty</p>
<p begin="01:02:05.430" end="01:02:10.500" style="s2">thank woody not with this idea of</p>
<p begin="01:02:07.770" end="01:02:13.530" style="s2">union of authority and power in a</p>
<p begin="01:02:10.500" end="01:02:16.620" style="s2">only person at least his rebate of the</p>
<p begin="01:02:13.530" end="01:02:18.960" style="s2">religious level at the political level is not</p>
<p begin="01:02:16.620" end="01:02:20.550" style="s2">woody does not attribute it to the monarch and therefore</p>
<p begin="01:02:18.960" end="01:02:21.990" style="s2">true this looks very good the step of</p>
<p begin="01:02:20.550" end="01:02:23.940" style="s2">monarchies to monarchies</p>
<p begin="01:02:21.990" end="01:02:25.470" style="s2">absolute not in the sense that</p>
<p begin="01:02:23.940" end="01:02:27.030" style="s2">every monarchy is an absolute monarchy</p>
<p begin="01:02:25.470" end="01:02:28.560" style="s2">absolute monarchy is one thing</p>
<p begin="01:02:27.030" end="01:02:31.170" style="s2">relatively modern relatively</p>
<p begin="01:02:28.560" end="01:02:33.570" style="s2">recent is precisely that which</p>
<p begin="01:02:31.170" end="01:02:35.670" style="s2">also makes the law and the law being a</p>
<p begin="01:02:33.570" end="01:02:37.080" style="s2">legal imperative for rights by</p>
<p begin="01:02:35.670" end="01:02:40.000" style="s2">so to speak a main source for the</p>
<p begin="01:02:37.080" end="01:02:42.220" style="s2">right not a right period</p>
<p begin="01:02:40.000" end="01:02:44.500" style="s2">kings did not make laws mainly</p>
<p begin="01:02:42.220" end="01:02:46.570" style="s2">They were lawyers in another type of power</p>
<p begin="01:02:44.500" end="01:02:48.250" style="s2">national politician and legion the question</p>
<p begin="01:02:46.570" end="01:02:49.630" style="s2">It is this idea of ​​sovereignty that bolted and not</p>
<p begin="01:02:48.250" end="01:02:51.820" style="s2">attributed to monarchs doing</p>
<p begin="01:02:49.630" end="01:02:55.030" style="s2">absolute monarchies ends up generating</p>
<p begin="01:02:51.820" end="01:02:57.310" style="s2">for his behavior for his way of acting</p>
<p begin="01:02:55.030" end="01:02:59.230" style="s2">ends up generating an apparatus of power not</p>
<p begin="01:02:57.310" end="01:03:02.110" style="s2">that that is concretely what it is</p>
<p begin="01:02:59.230" end="01:03:03.510" style="s2">state that ends up emancipating from</p>
<p begin="01:03:02.110" end="01:03:05.790" style="s2">those montages</p>
<p begin="01:03:03.510" end="01:03:08.970" style="s2">and then, for example, in Europe you see</p>
<p begin="01:03:05.790" end="01:03:10.590" style="s2">very well as the sovereignty of the</p>
<p begin="01:03:08.970" end="01:03:13.050" style="s2">monarchs pass in the french revolution</p>
<p begin="01:03:10.590" end="01:03:14.550" style="s2">to the nation and thanks to the reduction</p>
<p begin="01:03:13.050" end="01:03:15.900" style="s2">French the political concept that</p>
<p begin="01:03:14.550" end="01:03:17.760" style="s2">develop them is the in action</p>
<p begin="01:03:15.900" end="01:03:19.440" style="s2">politics is that of the set of</p>
<p begin="01:03:17.760" end="01:03:21.150" style="s2">sovereign citizens that is to say with them</p>
<p begin="01:03:19.440" end="01:03:22.800" style="s2">those who decide for good and evil</p>
<p begin="01:03:21.150" end="01:03:24.360" style="s2">about what are the rules that must be</p>
<p begin="01:03:22.800" end="01:03:26.370" style="s2">do as a group of citizens</p>
<p begin="01:03:24.360" end="01:03:28.560" style="s2">individual</p>
<p begin="01:03:26.370" end="01:03:29.700" style="s2">it wasn&#39;t there before it&#39;s not one it&#39;s one</p>
<p begin="01:03:28.560" end="01:03:31.290" style="s2">own creation of the revolution</p>
<p begin="01:03:29.700" end="01:03:33.270" style="s2">french</p>
<p begin="01:03:31.290" end="01:03:36.780" style="s2">and it is precisely this apparatus of power</p>
<p begin="01:03:33.270" end="01:03:39.000" style="s2">that is to say, the one that is going to act based on</p>
<p begin="01:03:36.780" end="01:03:42.330" style="s2">to this idea of ​​sovereignty based on this</p>
<p begin="01:03:39.000" end="01:03:44.000" style="s2">idea of ​​creating the law and being the maximum</p>
<p begin="01:03:42.330" end="01:03:46.800" style="s2">authority both</p>
<p begin="01:03:44.000" end="01:03:48.750" style="s2">political as legal and is the one that goes</p>
<p begin="01:03:46.800" end="01:03:50.850" style="s2">absorbing more and more and more</p>
<p begin="01:03:48.750" end="01:03:52.710" style="s2">powers not for example but it is a</p>
<p begin="01:03:50.850" end="01:03:55.110" style="s2">nonsense in quotes is fine in</p>
<p begin="01:03:52.710" end="01:03:57.570" style="s2">the passage of canon law not how</p>
<p begin="01:03:55.110" end="01:03:58.920" style="s2">The church was the jail for the right to</p>
<p begin="01:03:57.570" end="01:04:00.150" style="s2">Today, for example, there is a subject in</p>
<p begin="01:03:58.920" end="01:04:03.060" style="s2">whatever law degree it is</p>
<p begin="01:04:00.150" end="01:04:05.490" style="s2">ecclesiastical law of the state, that is,</p>
<p begin="01:04:03.060" end="01:04:08.020" style="s2">now and state regulates up to the right</p>
<p begin="01:04:05.490" end="01:04:11.680" style="s2">of the church</p>
<p begin="01:04:08.020" end="01:04:13.600" style="s2">ss this looks very clearly not like</p>
<p begin="01:04:11.680" end="01:04:16.000" style="s2">absorbs all authority all all all</p>
<p begin="01:04:13.600" end="01:04:17.860" style="s2">all to authority</p>
<p begin="01:04:16.000" end="01:04:20.530" style="s2">and it is precisely for this reason that</p>
<p begin="01:04:17.860" end="01:04:23.140" style="s2">the citizens follow and this has</p>
<p begin="01:04:20.530" end="01:04:25.980" style="s2">also a religious component that is</p>
<p begin="01:04:23.140" end="01:04:28.230" style="s2">when bobby does not ascribe sovereignty</p>
<p begin="01:04:25.980" end="01:04:29.369" style="s2">the monarch is giving them the authority</p>
<p begin="01:04:28.230" end="01:04:31.800" style="s2">to determine what is right</p>
<p begin="01:04:29.369" end="01:04:33.860" style="s2">and what is wrong is a character</p>
<p begin="01:04:31.800" end="01:04:35.540" style="s2">very clear religious</p>
<p begin="01:04:33.860" end="01:04:38.030" style="s2">and it is precisely for this reason that the</p>
<p begin="01:04:35.540" end="01:04:40.970" style="s2">people have used between meals at</p>
<p begin="01:04:38.030" end="01:04:42.530" style="s2">state not as a provider state</p>
<p begin="01:04:40.970" end="01:04:44.990" style="s2">and on the right it looks great too</p>
<p begin="01:04:42.530" end="01:04:47.030" style="s2">because it happens to be the right as a</p>
<p begin="01:04:44.990" end="01:04:48.950" style="s2">thing that is trying to solve a</p>
<p begin="01:04:47.030" end="01:04:51.650" style="s2">problem in the concrete case trying to</p>
<p begin="01:04:48.950" end="01:04:53.300" style="s2">read the social relations asking for the</p>
<p begin="01:04:51.650" end="01:04:55.580" style="s2">right to new social relations</p>
<p begin="01:04:53.300" end="01:04:58.040" style="s2">that are appearing to be a reality</p>
<p begin="01:04:55.580" end="01:05:00.410" style="s2">that it is about creating creating</p>
<p begin="01:04:58.040" end="01:05:02.390" style="s2">new situations to build new</p>
<p begin="01:05:00.410" end="01:05:03.950" style="s2">legal relationships to build new</p>
<p begin="01:05:02.390" end="01:05:05.990" style="s2">obligations that were not previously</p>
<p begin="01:05:03.950" end="01:05:08.600" style="s2">that do not arise spontaneously</p>
<p begin="01:05:05.990" end="01:05:10.790" style="s2">then i passed a right that is</p>
<p begin="01:05:08.600" end="01:05:13.190" style="s2">read the social reality to a right that</p>
<p begin="01:05:10.790" end="01:05:15.560" style="s2">is to make social reality and the</p>
<p begin="01:05:13.190" end="01:05:18.440" style="s2">been the creator of social reality</p>
<p begin="01:05:15.560" end="01:05:20.000" style="s2">computer you will be</p>
<p begin="01:05:18.440" end="01:05:21.740" style="s2">I don&#39;t know very well also in the codes</p>
<p begin="01:05:20.000" end="01:05:24.020" style="s2">for example when we talk for example</p>
<p begin="01:05:21.740" end="01:05:25.790" style="s2">the justinian code of justinian in</p>
<p begin="01:05:24.020" end="01:05:28.010" style="s2">Roman law in norms that the</p>
<p begin="01:05:25.790" end="01:05:30.319" style="s2">compilation of sentences that had</p>
<p begin="01:05:28.010" end="01:05:32.839" style="s2">said other predisposing the code of</p>
<p begin="01:05:30.319" end="01:05:34.490" style="s2">Napoleon is already a thing medically</p>
<p begin="01:05:32.839" end="01:05:37.460" style="s2">different is not a code or a</p>
<p begin="01:05:34.490" end="01:05:38.869" style="s2">constitution a code since structure</p>
<p begin="01:05:37.460" end="01:05:40.760" style="s2">the social reality that structures</p>
<p begin="01:05:38.869" end="01:05:42.349" style="s2">organs the devices how it is controlled</p>
<p begin="01:05:40.760" end="01:05:44.569" style="s2">everything how everything is structured</p>
<p begin="01:05:42.349" end="01:05:45.800" style="s2">has to subdue everything radically</p>
<p begin="01:05:44.569" end="01:05:47.300" style="s2">different from the administration too</p>
<p begin="01:05:45.800" end="01:05:49.940" style="s2">this radically different issue</p>
<p begin="01:05:47.300" end="01:05:52.400" style="s2">there was no administration as such in</p>
<p begin="01:05:49.940" end="01:05:55.300" style="s2">Roma&#39; brings a creation of its own</p>
<p begin="01:05:52.400" end="01:05:55.300" style="s2">french revolution too many</p>
<p begin="01:05:55.490" end="01:06:03.440" style="s2">we recapitulate we had the</p>
<p begin="01:05:59.119" end="01:06:07.040" style="s2">authority and separate power</p>
<p begin="01:06:03.440" end="01:06:11.210" style="s2">if you don&#39;t believe this concept of sovereignty</p>
<p begin="01:06:07.040" end="01:06:14.210" style="s2">that desacralizes removes expels this</p>
<p begin="01:06:11.210" end="01:06:17.870" style="s2">that religious part unites it in a single</p>
<p begin="01:06:14.210" end="01:06:20.060" style="s2">figure that at the beginning is the monarch that</p>
<p begin="01:06:17.870" end="01:06:23.420" style="s2">by uniting these two powers it becomes</p>
<p begin="01:06:20.060" end="01:06:26.660" style="s2">absolute monarch that absolute monarch</p>
<p begin="01:06:23.420" end="01:06:29.660" style="s2">inadvertently what you are creating is</p>
<p begin="01:06:26.660" end="01:06:32.150" style="s2">a monster neither good nor evil is creating</p>
<p begin="01:06:29.660" end="01:06:34.850" style="s2">a figure that is superior to him than to</p>
<p begin="01:06:32.150" end="01:06:37.310" style="s2">being able to exercise these two powers is</p>
<p begin="01:06:34.850" end="01:06:39.050" style="s2">creating a management apparatus and this</p>
<p begin="01:06:37.310" end="01:06:44.270" style="s2">management apparatus ends up becoming</p>
<p begin="01:06:39.050" end="01:06:47.120" style="s2">in the prototype state not the chapter</p>
<p begin="01:06:44.270" end="01:06:49.460" style="s2">zero of the states this apparatus of</p>
<p begin="01:06:47.120" end="01:06:51.200" style="s2">coordination management because before</p>
<p begin="01:06:49.460" end="01:06:53.120" style="s2">We have said that what we are talking about</p>
<p begin="01:06:51.200" end="01:06:54.920" style="s2">here is political realities and the</p>
<p begin="01:06:53.120" end="01:06:57.230" style="s2">political realities are that set of</p>
<p begin="01:06:54.920" end="01:07:00.080" style="s2">norms that by which we abide by the</p>
<p begin="01:06:57.230" end="01:07:03.390" style="s2">that we citizens live together, not the</p>
<p begin="01:07:00.080" end="01:07:05.870" style="s2">humans then this device that creates</p>
<p begin="01:07:03.390" end="01:07:08.790" style="s2">inadvertently the absolute monarchs</p>
<p begin="01:07:05.870" end="01:07:12.210" style="s2">ends up being a new political reality</p>
<p begin="01:07:08.790" end="01:07:15.390" style="s2">that is emancipated that becomes independent of the</p>
<p begin="01:07:12.210" end="01:07:17.329" style="s2">monarchy to become the national</p>
<p begin="01:07:15.390" end="01:07:20.029" style="s2">from town</p>
<p begin="01:07:17.329" end="01:07:23.299" style="s2">this we see the clear moment is the</p>
<p begin="01:07:20.029" end="01:07:25.999" style="s2">french revolution and the state continues</p>
<p begin="01:07:23.299" end="01:07:28.549" style="s2">endures but instead of being a monarch</p>
<p begin="01:07:25.999" end="01:07:30.559" style="s2">what ends up being the most</p>
<p begin="01:07:28.549" end="01:07:34.279" style="s2">common we see now is a democracy</p>
<p begin="01:07:30.559" end="01:07:36.829" style="s2">and I like that in a note that you have in</p>
<p begin="01:07:34.279" end="01:07:38.690" style="s2">the book at the bottom of the page</p>
<p begin="01:07:36.829" end="01:07:41.930" style="s2">you say that in the end</p>
<p begin="01:07:38.690" end="01:07:44.749" style="s2">be it a dictator or a monarch though</p>
<p begin="01:07:41.930" end="01:07:48.829" style="s2">in the end is it a dictator or a democracy</p>
<p begin="01:07:44.749" end="01:07:50.049" style="s2">only to me they are all are states because</p>
<p begin="01:07:48.829" end="01:07:52.519" style="s2">end up being</p>
<p begin="01:07:50.049" end="01:07:57.370" style="s2">oligarchies of some four years</p>
<p begin="01:07:52.519" end="01:08:00.150" style="s2">others without indefinite but what</p>
<p begin="01:07:57.370" end="01:08:02.770" style="s2">I mean, I liked understanding this way</p>
<p begin="01:08:00.150" end="01:08:04.330" style="s2">state policy understanding that</p>
<p begin="01:08:02.770" end="01:08:06.250" style="s2">both one the dictatorship that exists in dubai</p>
<p begin="01:08:04.330" end="01:08:09.730" style="s2">like the like the democracy we have</p>
<p begin="01:08:06.250" end="01:08:12.790" style="s2">in Spain they follow the same political form</p>
<p begin="01:08:09.730" end="01:08:14.140" style="s2">what is the state in this next</p>
<p begin="01:08:12.790" end="01:08:15.940" style="s2">Exactly in this case the note that you</p>
<p begin="01:08:14.140" end="01:08:17.590" style="s2">you mean is robert michels of the</p>
<p begin="01:08:15.940" end="01:08:18.790" style="s2">iron law of oligarchies is</p>
<p begin="01:08:17.590" end="01:08:20.830" style="s2">to say that one always rules</p>
<p begin="01:08:18.790" end="01:08:23.470" style="s2">oligarchy always rules a minority</p>
<p begin="01:08:20.830" end="01:08:25.180" style="s2">is never a concrete individual is never</p>
<p begin="01:08:23.470" end="01:08:27.850" style="s2">all the people always government of</p>
<p begin="01:08:25.180" end="01:08:30.220" style="s2">some minority not an oligarchy and</p>
<p begin="01:08:27.850" end="01:08:32.440" style="s2">indeed this state form is</p>
<p begin="01:08:30.220" end="01:08:34.650" style="s2">universalist not because it universalizes</p>
<p begin="01:08:32.440" end="01:08:36.370" style="s2">the way and the way is to treat it</p>
<p begin="01:08:34.650" end="01:08:37.750" style="s2">precisely with the discovery of</p>
<p begin="01:08:36.370" end="01:08:40.030" style="s2">america between quotes totals the</p>
<p begin="01:08:37.750" end="01:08:43.250" style="s2">land no and an essential feature</p>
<p begin="01:08:40.030" end="01:08:45.170" style="s2">of the state is the border delimitation</p>
<p begin="01:08:43.250" end="01:08:47.660" style="s2">is once the whole territory is</p>
<p begin="01:08:45.170" end="01:08:50.299" style="s2">delimited there is no capacity for the</p>
<p begin="01:08:47.660" end="01:08:52.730" style="s2">territorial overflow but that each</p>
<p begin="01:08:50.299" end="01:08:54.859" style="s2">territory corresponds specifically</p>
<p begin="01:08:52.730" end="01:08:56.170" style="s2">with a state with a power between</p>
<p begin="01:08:54.859" end="01:08:58.540" style="s2">quotation marks</p>
<p begin="01:08:56.170" end="01:09:00.370" style="s2">and this is the this is the central theme for</p>
<p begin="01:08:58.540" end="01:09:02.750" style="s2">what</p>
<p begin="01:09:00.370" end="01:09:04.429" style="s2">the state is the form of organization</p>
<p begin="01:09:02.750" end="01:09:05.870" style="s2">space</p>
<p begin="01:09:04.429" end="01:09:08.600" style="s2">in that political way that they appear</p>
<p begin="01:09:05.870" end="01:09:10.190" style="s2">again in modernity this is not</p>
<p begin="01:09:08.600" end="01:09:12.810" style="s2">is overwhelmed in quotes by the</p>
<p begin="01:09:10.190" end="01:09:14.850" style="s2">cyberspace because it is a new space</p>
<p begin="01:09:12.810" end="01:09:17.460" style="s2">that they are not able to control and that</p>
<p begin="01:09:14.850" end="01:09:19.470" style="s2">goes beyond that political power even that</p>
<p begin="01:09:17.460" end="01:09:20.850" style="s2">political authority of the state unclear</p>
<p begin="01:09:19.470" end="01:09:22.440" style="s2">we&#39;ll see it too if you want later</p>
<p begin="01:09:20.850" end="01:09:26.010" style="s2">why</p>
<p begin="01:09:22.440" end="01:09:30.070" style="s2">is in crisis in my opinion</p>
<p begin="01:09:26.010" end="01:09:31.420" style="s2">In other words, you say that the state is born from the</p>
<p begin="01:09:30.070" end="01:09:34.510" style="s2">creation of borders</p>
<p begin="01:09:31.420" end="01:09:36.940" style="s2">limitation of territories and is a</p>
<p begin="01:09:34.510" end="01:09:40.529" style="s2">shape that fits perfectly as a</p>
<p begin="01:09:36.940" end="01:09:42.600" style="s2">glove for political management within</p>
<p begin="01:09:40.529" end="01:09:44.940" style="s2">of these closed territories and that the</p>
<p begin="01:09:42.600" end="01:09:47.700" style="s2">cyberspace begins to be the first</p>
<p begin="01:09:44.940" end="01:09:49.770" style="s2">crack in the wall not exact condition</p>
<p begin="01:09:47.700" end="01:09:54.210" style="s2">rationalizer of the territory is</p>
<p begin="01:09:49.770" end="01:09:55.800" style="s2">centralist is homogenizer is creative</p>
<p begin="01:09:54.210" end="01:09:57.290" style="s2">of that social reality within that</p>
<p begin="01:09:55.800" end="01:10:01.020" style="s2">territories does not have its sovereignty</p>
<p begin="01:09:57.290" end="01:10:02.489" style="s2">limited that territory is not clear no</p>
<p begin="01:10:01.020" end="01:10:04.620" style="s2">It has to do, for example, with a</p>
<p begin="01:10:02.489" end="01:10:06.690" style="s2">old mentality where it is considered</p>
<p begin="01:10:04.620" end="01:10:09.450" style="s2">that the father had authority over everything</p>
<p begin="01:10:06.690" end="01:10:12.830" style="s2">the globe for example and even the</p>
<p begin="01:10:09.450" end="01:10:14.850" style="s2">imperial powers knew no limits</p>
<p begin="01:10:12.830" end="01:10:16.950" style="s2">mathematically delimited but rather</p>
<p begin="01:10:14.850" end="01:10:20.580" style="s2">were the borders open the edges</p>
<p begin="01:10:16.950" end="01:10:22.170" style="s2">only the lines that were the spaces of</p>
<p begin="01:10:20.580" end="01:10:24.690" style="s2">confrontation gray spaces where no</p>
<p begin="01:10:22.170" end="01:10:26.130" style="s2">there was if there was a conflict</p>
<p begin="01:10:24.690" end="01:10:28.350" style="s2">It wasn&#39;t a matter that I had to</p>
<p begin="01:10:26.130" end="01:10:29.850" style="s2">resolve one state or another depending on</p>
<p begin="01:10:28.350" end="01:10:31.320" style="s2">where it falls within its territory but</p>
<p begin="01:10:29.850" end="01:10:33.360" style="s2">which would probably be resolved by</p>
<p begin="01:10:31.320" end="01:10:35.710" style="s2">legal forms at that particular time</p>
<p begin="01:10:33.360" end="01:10:37.690" style="s2">or from that specific site</p>
<p begin="01:10:35.710" end="01:10:40.870" style="s2">by specific tourists, that is, it was not</p>
<p begin="01:10:37.690" end="01:10:43.570" style="s2">a state issue was a matter of</p>
<p begin="01:10:40.870" end="01:10:45.460" style="s2">sovereignty that&#39;s why sometimes</p>
<p begin="01:10:43.570" end="01:10:47.950" style="s2">it costs when you read him for example the</p>
<p begin="01:10:45.460" end="01:10:50.680" style="s2">bitcoin pattern or any the book</p>
<p begin="01:10:47.950" end="01:10:53.350" style="s2">history of the renaissance in which you</p>
<p begin="01:10:50.680" end="01:10:55.420" style="s2">talk tells you about how he recovered the</p>
<p begin="01:10:53.350" end="01:10:58.150" style="s2">economy after how the</p>
<p begin="01:10:55.420" end="01:10:59.920" style="s2">market economy after age</p>
<p begin="01:10:58.150" end="01:11:02.770" style="s2">medieval</p>
<p begin="01:10:59.920" end="01:11:05.110" style="s2">it shocks you from being totally</p>
<p begin="01:11:02.770" end="01:11:07.719" style="s2">kidnapped by the state in fact here</p>
<p begin="01:11:05.110" end="01:11:09.190" style="s2">that they talk to you about florence like</p>
<p begin="01:11:07.719" end="01:11:12.039" style="s2">well actually they say florence</p>
<p begin="01:11:09.190" end="01:11:15.489" style="s2">city-state is like even he</p>
<p begin="01:11:12.039" end="01:11:17.949" style="s2">they need to argue or be like</p>
<p begin="01:11:15.489" end="01:11:19.269" style="s2">make you see it with someone&#39;s eyes</p>
<p begin="01:11:17.949" end="01:11:20.860" style="s2">that is totally hijacked by the</p>
<p begin="01:11:19.269" end="01:11:22.360" style="s2">exact state that is the problem</p>
<p begin="01:11:20.860" end="01:11:23.920" style="s2">main not political science</p>
<p begin="01:11:22.360" end="01:11:26.079" style="s2">takes place in the 19th century in germany</p>
<p begin="01:11:23.920" end="01:11:28.599" style="s2">where you start to build a state</p>
<p begin="01:11:26.079" end="01:11:30.880" style="s2">where france is seen as an imitation</p>
<p begin="01:11:28.599" end="01:11:32.409" style="s2">in the correct political way where</p>
<p begin="01:11:30.880" end="01:11:34.690" style="s2">develop all that political science</p>
<p begin="01:11:32.409" end="01:11:36.999" style="s2">for hegel the political what we have</p>
<p begin="01:11:34.690" end="01:11:40.100" style="s2">been talking before anyway</p>
<p begin="01:11:36.999" end="01:11:42.290" style="s2">of political organization was the state</p>
<p begin="01:11:40.100" end="01:11:44.270" style="s2">March drink radically from philosophy</p>
<p begin="01:11:42.290" end="01:11:47.180" style="s2">Greek and take this literally not</p>
<p begin="01:11:44.270" end="01:11:49.070" style="s2">and for marx all political forms too</p>
<p begin="01:11:47.180" end="01:11:51.950" style="s2">it is a state no and this is the problem</p>
<p begin="01:11:49.070" end="01:11:54.070" style="s2">that sinks universally</p>
<p begin="01:11:51.950" end="01:11:56.030" style="s2">the identification the political the state</p>
<p begin="01:11:54.070" end="01:11:57.920" style="s2">and this applies to translations</p>
<p begin="01:11:56.030" end="01:11:59.600" style="s2">I too, for example, have found the</p>
<p begin="01:11:57.920" end="01:12:01.370" style="s2">politics aristotle translated speaking</p>
<p begin="01:11:59.600" end="01:12:03.530" style="s2">of Aristotle of the state well but</p>
<p begin="01:12:01.370" end="01:12:05.960" style="s2">also some thing but what are you</p>
<p begin="01:12:03.530" end="01:12:09.200" style="s2">saying here seems completely</p>
<p begin="01:12:05.960" end="01:12:10.820" style="s2">sense not for this 3 but it would be</p>
<p begin="01:12:09.200" end="01:12:13.590" style="s2">radically incomprehensible what is</p>
<p begin="01:12:10.820" end="01:12:15.780" style="s2">saying in a translation for example</p>
<p begin="01:12:13.590" end="01:12:18.599" style="s2">and this also applies to many</p>
<p begin="01:12:15.780" end="01:12:20.159" style="s2">many many historical analyzes when</p>
<p begin="01:12:18.599" end="01:12:21.900" style="s2">it is about explaining the polis when</p>
<p begin="01:12:20.159" end="01:12:24.900" style="s2">tries to explain the state is about</p>
<p begin="01:12:21.900" end="01:12:27.989" style="s2">seek the division of powers in the form</p>
<p begin="01:12:24.900" end="01:12:29.909" style="s2">real is in style what and really it is</p>
<p begin="01:12:27.989" end="01:12:32.190" style="s2">very problematic to analyze all these</p>
<p begin="01:12:29.909" end="01:12:34.260" style="s2">cons conceptualizations and with that</p>
<p begin="01:12:32.190" end="01:12:36.900" style="s2">category runs for example talk about</p>
<p begin="01:12:34.260" end="01:12:39.389" style="s2">Spanish state in the Hispanic monarchy</p>
<p begin="01:12:36.900" end="01:12:41.250" style="s2">not because an empire cannot be a</p>
<p begin="01:12:39.389" end="01:12:43.130" style="s2">state as such does not have those borders</p>
<p begin="01:12:41.250" end="01:12:45.659" style="s2">delimited at that historical moment</p>
<p begin="01:12:43.130" end="01:12:48.800" style="s2">nor does he have that fusion mentality</p>
<p begin="01:12:45.659" end="01:12:48.800" style="s2">political legal</p>
<p begin="01:12:49.500" end="01:12:53.900" style="s2">we are going back to the beginning of the podcast</p>
<p begin="01:12:51.060" end="01:12:56.160" style="s2">in what is a crisis in refuting</p>
<p begin="01:12:53.900" end="01:12:57.690" style="s2">things that you had settled and it is that</p>
<p begin="01:12:56.160" end="01:13:00.120" style="s2">blow gives you the feeling that you have</p>
<p begin="01:12:57.690" end="01:13:01.800" style="s2">to reread a thousand things you&#39;ve read before</p>
<p begin="01:13:00.120" end="01:13:03.870" style="s2">to see them with other eyes I am already</p>
<p begin="01:13:01.800" end="01:13:07.260" style="s2">tired of reading florence city-state</p>
<p begin="01:13:03.870" end="01:13:10.800" style="s2">or I don&#39;t know what city-state</p>
<p begin="01:13:07.260" end="01:13:13.620" style="s2">and now I see that that is the joker of</p>
<p begin="01:13:10.800" end="01:13:16.260" style="s2">state is like when you try to</p>
<p begin="01:13:13.620" end="01:13:19.290" style="s2">explain bitcoin to someone using</p>
<p begin="01:13:16.260" end="01:13:21.330" style="s2">metaphors and analogies of the fiat system</p>
<p begin="01:13:19.290" end="01:13:22.600" style="s2">no that now I realize that it is a</p>
<p begin="01:13:21.330" end="01:13:24.370" style="s2">mistake</p>
<p begin="01:13:22.600" end="01:13:27.310" style="s2">immense saturation you have to explain to</p>
<p begin="01:13:24.370" end="01:13:30.070" style="s2">bitcoin how is bitcoin and what does it cost</p>
<p begin="01:13:27.310" end="01:13:32.200" style="s2">It is not so commercial that it is going to be done</p>
<p begin="01:13:30.070" end="01:13:34.150" style="s2">difficult but you have to</p>
<p begin="01:13:32.200" end="01:13:35.590" style="s2">understand the new reality and gives me the</p>
<p begin="01:13:34.150" end="01:13:37.900" style="s2">sensation that they have been explaining to us</p>
<p begin="01:13:35.590" end="01:13:44.020" style="s2">all of the above to states with a</p>
<p begin="01:13:37.900" end="01:13:45.760" style="s2">total viral infection theory</p>
<p begin="01:13:44.020" end="01:13:47.890" style="s2">theory of the state is not the state to with</p>
<p begin="01:13:45.760" end="01:13:50.080" style="s2">darling all that has gone before you</p>
<p begin="01:13:47.890" end="01:13:51.970" style="s2">the status and the and hello has been put here</p>
<p begin="01:13:50.080" end="01:13:53.980" style="s2">there is me and that was not only serious but</p>
<p begin="01:13:51.970" end="01:13:56.410" style="s2">that it is not serious, it has only passed without a walk</p>
<p begin="01:13:53.980" end="01:13:59.140" style="s2">serious for the future because it has limited us</p>
<p begin="01:13:56.410" end="01:14:02.770" style="s2">a lot of thinking about new political forms</p>
<p begin="01:13:59.140" end="01:14:04.930" style="s2">has constrained us to be the way</p>
<p begin="01:14:02.770" end="01:14:07.090" style="s2">eternal politics then what is there</p>
<p begin="01:14:04.930" end="01:14:10.060" style="s2">always and this what will always be not</p>
<p begin="01:14:07.090" end="01:14:11.440" style="s2">well, this is not the topic</p>
<p begin="01:14:10.060" end="01:14:14.140" style="s2">to think about new political forms</p>
<p begin="01:14:11.440" end="01:14:16.270" style="s2">because this concrete political form is</p>
<p begin="01:14:14.140" end="01:14:18.650" style="s2">in a crisis of which he has almost</p>
<p begin="01:14:16.270" end="01:14:20.270" style="s2">impossible to get out</p>
<p begin="01:14:18.650" end="01:14:22.340" style="s2">I have one last question before</p>
<p begin="01:14:20.270" end="01:14:25.699" style="s2">jump to the heart of the matter which is</p>
<p begin="01:14:22.340" end="01:14:27.890" style="s2">crisis of the state that is me from the</p>
<p begin="01:14:25.699" end="01:14:30.739" style="s2">point of view of the sovereign that in this</p>
<p begin="01:14:27.890" end="01:14:33.350" style="s2">case is the ruler of the day</p>
<p begin="01:14:30.739" end="01:14:35.929" style="s2">monarch the dictator on duty I understand</p>
<p begin="01:14:33.350" end="01:14:38.300" style="s2">that the state is joking late that all</p>
<p begin="01:14:35.929" end="01:14:40.940" style="s2">the powers even for a president</p>
<p begin="01:14:38.300" end="01:14:43.040" style="s2">of the government at the Spanish level or to a</p>
<p begin="01:14:40.940" end="01:14:45.739" style="s2">prime minister in other countries</p>
<p begin="01:14:43.040" end="01:14:48.409" style="s2">is handing over all power on a platter</p>
<p begin="01:14:45.739" end="01:14:51.350" style="s2">absolute you become that in a</p>
<p begin="01:14:48.409" end="01:14:53.540" style="s2">absolutist that being but what is the</p>
<p begin="01:14:51.350" end="01:14:54.480" style="s2">selling point for a citizen</p>
<p begin="01:14:53.540" end="01:14:56.640" style="s2">that</p>
<p begin="01:14:54.480" end="01:14:59.820" style="s2">How have citizens been convinced?</p>
<p begin="01:14:56.640" end="01:15:02.370" style="s2">that the state is is good as it</p>
<p begin="01:14:59.820" end="01:15:03.720" style="s2">You understand, the state has been the factor</p>
<p begin="01:15:02.370" end="01:15:06.480" style="s2">mainly provides security</p>
<p begin="01:15:03.720" end="01:15:08.010" style="s2">apart from being a religious substitute in</p>
<p begin="01:15:06.480" end="01:15:09.420" style="s2">the sense that it ends up replacing the</p>
<p begin="01:15:08.010" end="01:15:11.700" style="s2">religion as such makes a</p>
<p begin="01:15:09.420" end="01:15:14.490" style="s2">political religion</p>
<p begin="01:15:11.700" end="01:15:16.380" style="s2">and ends so to speak configuring the</p>
<p begin="01:15:14.490" end="01:15:18.540" style="s2">Security mentality that&#39;s your</p>
<p begin="01:15:16.380" end="01:15:20.760" style="s2">leitmotiv could be security I am</p>
<p begin="01:15:18.540" end="01:15:23.370" style="s2">the one that provides security in certain</p>
<p begin="01:15:20.760" end="01:15:25.380" style="s2">measure is true because the state</p>
<p begin="01:15:23.370" end="01:15:27.210" style="s2">first place key when absorbing all</p>
<p begin="01:15:25.380" end="01:15:29.640" style="s2">the other powers because of the civil war</p>
<p begin="01:15:27.210" end="01:15:31.260" style="s2">and where I have been there is no civil war</p>
<p begin="01:15:29.640" end="01:15:33.870" style="s2">as such there is no state well</p>
<p begin="01:15:31.260" end="01:15:35.970" style="s2">constituted there is no civil war and in that</p>
<p begin="01:15:33.870" end="01:15:37.530" style="s2">sense is true that has allowed to say</p>
<p begin="01:15:35.970" end="01:15:39.720" style="s2">the state will also recognize your</p>
<p begin="01:15:37.530" end="01:15:42.420" style="s2">peculiarity and its modern creation</p>
<p begin="01:15:39.720" end="01:15:44.850" style="s2">history is also important for</p>
<p begin="01:15:42.420" end="01:15:47.010" style="s2">statists themselves because they put them in</p>
<p begin="01:15:44.850" end="01:15:50.190" style="s2">your site puts them in the entity but it is</p>
<p begin="01:15:47.010" end="01:15:51.930" style="s2">a political creation that presents a</p>
<p begin="01:15:50.190" end="01:15:54.210" style="s2">series of very important innovations and</p>
<p begin="01:15:51.930" end="01:15:55.980" style="s2">not distinguishing it also misses the</p>
<p begin="01:15:54.210" end="01:15:57.920" style="s2">state you do not realize that it ends</p>
<p begin="01:15:55.980" end="01:16:00.200" style="s2">precisely with the</p>
<p begin="01:15:57.920" end="01:16:02.060" style="s2">civil wars well a problem</p>
<p begin="01:16:00.200" end="01:16:03.140" style="s2">because it is also one of the great</p>
<p begin="01:16:02.060" end="01:16:04.460" style="s2">virtues of the security state</p>
<p begin="01:16:03.140" end="01:16:07.120" style="s2">territorial</p>
<p begin="01:16:04.460" end="01:16:07.120" style="s2">cintra</p>
<p begin="01:16:07.600" end="01:16:14.110" style="s2">and of course the question here is</p>
<p begin="01:16:10.750" end="01:16:16.270" style="s2">the citizen mainly renounces</p>
<p begin="01:16:14.110" end="01:16:18.340" style="s2">a lot of things but he is not aware</p>
<p begin="01:16:16.270" end="01:16:21.670" style="s2">of it because they are not explicit</p>
<p begin="01:16:18.340" end="01:16:23.650" style="s2">for themselves they bring us to light because the</p>
<p begin="01:16:21.670" end="01:16:25.450" style="s2">money you use is money</p>
<p begin="01:16:23.650" end="01:16:27.430" style="s2">mainly state or character</p>
<p begin="01:16:25.450" end="01:16:29.110" style="s2">state and money one of the</p>
<p begin="01:16:27.430" end="01:16:31.800" style="s2">essential features that it has</p>
<p begin="01:16:29.110" end="01:16:36.550" style="s2">that allows to carry out falls allows</p>
<p begin="01:16:31.800" end="01:16:39.820" style="s2">bring to light the implicit relationships</p>
<p begin="01:16:36.550" end="01:16:40.960" style="s2">in personal commercials decoster not me</p>
<p begin="01:16:39.820" end="01:16:43.960" style="s2">I think this is essential elements</p>
<p begin="01:16:40.960" end="01:16:46.090" style="s2">that bitcoin attacks the su state</p>
<p begin="01:16:43.960" end="01:16:50.220" style="s2">desacralization because those who</p>
<p begin="01:16:46.090" end="01:16:52.740" style="s2">work save and live undefeated jmg</p>
<p begin="01:16:50.220" end="01:16:55.410" style="s2">and they will be able to estimate and they will be able to see</p>
<p begin="01:16:52.740" end="01:16:57.900" style="s2">the advantages of not belonging to</p>
<p begin="01:16:55.410" end="01:17:00.050" style="s2">this concrete political form will be able</p>
<p begin="01:16:57.900" end="01:17:02.650" style="s2">make an estimate of what it costs them</p>
<p begin="01:17:00.050" end="01:17:04.179" style="s2">belong to the state</p>
<p begin="01:17:02.650" end="01:17:06.719" style="s2">and there they will realize that it does not come out</p>
<p begin="01:17:04.179" end="01:17:06.719" style="s2">with tablets</p>
<p begin="01:17:06.770" end="01:17:10.630" style="s2">and that&#39;s a that&#39;s an important part</p>
<p begin="01:17:09.260" end="01:17:12.530" style="s2">of the crisis not the character</p>
<p begin="01:17:10.630" end="01:17:15.470" style="s2">desacralizing the state in the sense</p>
<p begin="01:17:12.530" end="01:17:17.390" style="s2">that I can do the calculation of what</p>
<p begin="01:17:15.470" end="01:17:18.680" style="s2">that it cost me but the calculation of truth</p>
<p begin="01:17:17.390" end="01:17:21.310" style="s2">designed a new unit of measurement</p>
<p begin="01:17:18.680" end="01:17:21.310" style="s2">global</p>
<p begin="01:17:22.290" end="01:17:26.810" style="s2">I&#39;m with a feeling inside</p>
<p begin="01:17:27.060" end="01:17:31.760" style="s2">to be recording one of those spots but</p>
<p begin="01:17:29.460" end="01:17:31.760" style="s2">Okay</p>
<p begin="01:17:32.050" end="01:17:36.670" style="s2">It was a moment this fascinating talk</p>
<p begin="01:17:34.540" end="01:17:40.239" style="s2">with Álvaro to talk to you about my other</p>
<p begin="01:17:36.670" end="01:17:42.489" style="s2">two sponsors when everything changes how are you doing</p>
<p begin="01:17:40.239" end="01:17:43.690" style="s2">to be saving your bitcoin you will continue</p>
<p begin="01:17:42.489" end="01:17:45.460" style="s2">trusting those exchanges</p>
<p begin="01:17:43.690" end="01:17:48.040" style="s2">decentralized systems that use all your</p>
<p begin="01:17:45.460" end="01:17:49.719" style="s2">data to sell you to the highest bidder or</p>
<p begin="01:17:48.040" end="01:17:51.070" style="s2">you will have already taken control of managing</p>
<p begin="01:17:49.719" end="01:17:54.610" style="s2">your private keys in a wallet</p>
<p begin="01:17:51.070" end="01:17:56.559" style="s2">cold if you&#39;re determined to take ya this</p>
<p begin="01:17:54.610" end="01:17:58.420" style="s2">last option I think it is important that</p>
<p begin="01:17:56.559" end="01:18:00.849" style="s2">take a look at the vine box 2 of</p>
<p begin="01:17:58.420" end="01:18:02.679" style="s2">shift crypto I have been working with them</p>
<p begin="01:18:00.849" end="01:18:05.139" style="s2">since they were in beta phase of the</p>
<p begin="01:18:02.679" end="01:18:06.909" style="s2">device and if something I liked about them</p>
<p begin="01:18:05.139" end="01:18:10.630" style="s2">are for example these things that</p>
<p begin="01:18:06.909" end="01:18:12.730" style="s2">account now his team is top with</p>
<p begin="01:18:10.630" end="01:18:15.340" style="s2">true cracks in the team as per</p>
<p begin="01:18:12.730" end="01:18:19.090" style="s2">example is obama discs or the pocket</p>
<p begin="01:18:15.340" end="01:18:21.610" style="s2">douglas that leaves you very calm that</p>
<p begin="01:18:19.090" end="01:18:23.590" style="s2">things are going well</p>
<p begin="01:18:21.610" end="01:18:25.599" style="s2">device is easy to use and ready</p>
<p begin="01:18:23.590" end="01:18:27.610" style="s2">for all audiences if you are</p>
<p begin="01:18:25.599" end="01:18:29.199" style="s2">starting you will not have a problem with the</p>
<p begin="01:18:27.610" end="01:18:32.290" style="s2">big box 2 because it will accompany you in everything</p>
<p begin="01:18:29.199" end="01:18:34.869" style="s2">moment in your learning with its app in</p>
<p begin="01:18:32.290" end="01:18:36.250" style="s2">Spanish and if it is that you are a user</p>
<p begin="01:18:34.869" end="01:18:38.510" style="s2">advanced because you will be able to connect it</p>
<p begin="01:18:36.250" end="01:18:41.120" style="s2">with sparrow or with the electron</p>
<p begin="01:18:38.510" end="01:18:43.940" style="s2">specter and you&#39;re going to get all the juice in</p>
<p begin="01:18:41.120" end="01:18:45.920" style="s2">multi signatures and in others with others</p>
<p begin="01:18:43.940" end="01:18:48.020" style="s2">advanced techniques that also have</p>
<p begin="01:18:45.920" end="01:18:49.700" style="s2">also if you are an android user the</p>
<p begin="01:18:48.020" end="01:18:54.380" style="s2">you can use the movement by connecting</p>
<p begin="01:18:49.700" end="01:18:57.140" style="s2">your device to the usb cee port and nothing</p>
<p begin="01:18:54.380" end="01:18:58.700" style="s2">if you have reached this point and have already</p>
<p begin="01:18:57.140" end="01:19:01.250" style="s2">decided to raise the security level of</p>
<p begin="01:18:58.700" end="01:19:02.900" style="s2">your bitcoin do not think about it anymore check it out</p>
<p begin="01:19:01.250" end="01:19:05.030" style="s2">a look at the vine box 2 and if you</p>
<p begin="01:19:02.900" end="01:19:06.350" style="s2">you decide for her remember that using</p>
<p begin="01:19:05.030" end="01:19:08.420" style="s2">the lunatic code and the link of the</p>
<p begin="01:19:06.350" end="01:19:12.140" style="s2">description you will have a 5% discount</p>
<p begin="01:19:08.420" end="01:19:14.300" style="s2">on your next purchase and finally</p>
<p begin="01:19:12.140" end="01:19:15.620" style="s2">I stop [ __ ] how nice it is to see that in</p>
<p begin="01:19:14.300" end="01:19:17.690" style="s2">barely two weeks has been filled with</p>
<p begin="01:19:15.620" end="01:19:20.420" style="s2">offers the ending platform left</p>
<p begin="01:19:17.690" end="01:19:22.550" style="s2">of [ __ ] and I say beautiful because for what</p>
<p begin="01:19:20.420" end="01:19:24.980" style="s2">the em succeed people have to want</p>
<p begin="01:19:22.550" end="01:19:27.200" style="s2">use it is an open market to</p>
<p begin="01:19:24.980" end="01:19:29.510" style="s2">lenders and borrowers who can</p>
<p begin="01:19:27.200" end="01:19:31.820" style="s2">go to the web to place your offer</p>
<p begin="01:19:29.510" end="01:19:33.950" style="s2">both in the direct in one direction and</p>
<p begin="01:19:31.820" end="01:19:36.430" style="s2">in another since if it does not generate interest</p>
<p begin="01:19:33.950" end="01:19:38.860" style="s2">the web is really dying</p>
<p begin="01:19:36.430" end="01:19:41.080" style="s2">expenses that you do not want to face</p>
<p begin="01:19:38.860" end="01:19:42.670" style="s2">selling bitcoin right now you can</p>
<p begin="01:19:41.080" end="01:19:44.500" style="s2">Consider, for example, taking a loan</p>
<p begin="01:19:42.670" end="01:19:47.980" style="s2">in leen putting bitcoin as collateral and</p>
<p begin="01:19:44.500" end="01:19:49.630" style="s2">recover it once you have returned the</p>
<p begin="01:19:47.980" end="01:19:51.090" style="s2">value everything has been requested within the term</p>
<p begin="01:19:49.630" end="01:19:53.680" style="s2">established</p>
<p begin="01:19:51.090" end="01:19:55.810" style="s2">but it&#39;s also useful if you have &#39;stable&#39;</p>
<p begin="01:19:53.680" end="01:19:58.120" style="s2">coins gathering dust because you can</p>
<p begin="01:19:55.810" end="01:20:00.910" style="s2">do the reverse way lend them and</p>
<p begin="01:19:58.120" end="01:20:02.740" style="s2">get a good return in return and if</p>
<p begin="01:20:00.910" end="01:20:05.620" style="s2">the lender fails you will always have</p>
<p begin="01:20:02.740" end="01:20:07.000" style="s2">bitcoin guaranteeing the agreement if not</p>
<p begin="01:20:05.620" end="01:20:08.380" style="s2">Do you know how the lens works?</p>
<p begin="01:20:07.000" end="01:20:10.330" style="s2">I encourage you to make your own</p>
<p begin="01:20:08.380" end="01:20:12.970" style="s2">investigation and follow the link of the</p>
<p begin="01:20:10.330" end="01:20:15.790" style="s2">description to find out what this is like</p>
<p begin="01:20:12.970" end="01:20:18.300" style="s2">to take loans without data and in a way</p>
<p begin="01:20:15.790" end="01:20:18.300" style="s2">sovereign</p>
<p begin="01:20:18.430" end="01:20:21.030" style="s2">Y</p>
<p begin="01:20:21.920" end="01:20:26.750" style="s2">state of crisis ok we have done state</p>
<p begin="01:20:24.980" end="01:20:28.580" style="s2">of currency crisis we have jumped to</p>
<p begin="01:20:26.750" end="01:20:31.070" style="s2">trying to understand what the hell this was</p>
<p begin="01:20:28.580" end="01:20:35.450" style="s2">of the state that all the time</p>
<p begin="01:20:31.070" end="01:20:37.250" style="s2">many many educated people know what it is</p>
<p begin="01:20:35.450" end="01:20:39.530" style="s2">but I for example had no idea</p>
<p begin="01:20:37.250" end="01:20:43.000" style="s2">Now we understand what the state is and what</p>
<p begin="01:20:39.530" end="01:20:44.990" style="s2">It is a historical idea is that we have it</p>
<p begin="01:20:43.000" end="01:20:47.660" style="s2">established within us as a</p>
<p begin="01:20:44.990" end="01:20:49.130" style="s2">belief but that is not eternal now</p>
<p begin="01:20:47.660" end="01:20:52.070" style="s2">we have understood that it is a moment</p>
<p begin="01:20:49.130" end="01:20:55.700" style="s2">history that has its reasons in this</p>
<p begin="01:20:52.070" end="01:20:57.140" style="s2">closing of borders in this management of</p>
<p begin="01:20:55.700" end="01:20:59.180" style="s2">individuals from the union of the</p>
<p begin="01:20:57.140" end="01:21:00.160" style="s2">authority and power is worth</p>
<p begin="01:20:59.180" end="01:21:04.340" style="s2">we understand</p>
<p begin="01:21:00.160" end="01:21:05.719" style="s2">now because bitcoin puts the world in crisis</p>
<p begin="01:21:04.340" end="01:21:07.909" style="s2">condition</p>
<p begin="01:21:05.719" end="01:21:09.829" style="s2">with many, well, the main reason</p>
<p begin="01:21:07.909" end="01:21:11.989" style="s2">I would say that the authority entered into a state</p>
<p begin="01:21:09.829" end="01:21:13.969" style="s2">politics no and there it will be very interesting</p>
<p begin="01:21:11.989" end="01:21:16.519" style="s2">when the book is published analyze the</p>
<p begin="01:21:13.969" end="01:21:18.949" style="s2">book cover I don&#39;t think so</p>
<p begin="01:21:16.519" end="01:21:19.870" style="s2">first is the desacralization of the state</p>
<p begin="01:21:18.949" end="01:21:22.180" style="s2">No</p>
<p begin="01:21:19.870" end="01:21:24.490" style="s2">precisely those individuals who</p>
<p begin="01:21:22.180" end="01:21:25.540" style="s2">live in bitcoin that is, here what</p>
<p begin="01:21:24.490" end="01:21:27.070" style="s2">it is about highlighting is also the</p>
<p begin="01:21:25.540" end="01:21:28.390" style="s2">political importance of vision and not only</p>
<p begin="01:21:27.070" end="01:21:30.520" style="s2">as an asset not just a very</p>
<p begin="01:21:28.390" end="01:21:31.990" style="s2">good very profitable in confiscates I spoke with</p>
<p begin="01:21:30.520" end="01:21:33.070" style="s2">some very good qualities not only</p>
<p begin="01:21:31.990" end="01:21:35.500" style="s2">a very important political</p>
<p begin="01:21:33.070" end="01:21:37.390" style="s2">significantly those individuals who</p>
<p begin="01:21:35.500" end="01:21:39.760" style="s2">be the first to notice</p>
<p begin="01:21:37.390" end="01:21:41.520" style="s2">cost so high so high that it has</p>
<p begin="01:21:39.760" end="01:21:43.860" style="s2">belong to a state</p>
<p begin="01:21:41.520" end="01:21:47.610" style="s2">and get out of it</p>
<p begin="01:21:43.860" end="01:21:49.230" style="s2">out they are going to realize all these</p>
<p begin="01:21:47.610" end="01:21:51.630" style="s2">advantages and the rest they are going to imitate</p>
<p begin="01:21:49.230" end="01:21:53.280" style="s2">They will follow you for the social success that</p>
<p begin="01:21:51.630" end="01:21:55.140" style="s2">are going to have these individuals who</p>
<p begin="01:21:53.280" end="01:21:57.440" style="s2">particularly select</p>
<p begin="01:21:55.140" end="01:21:59.270" style="s2">individually from the state</p>
<p begin="01:21:57.440" end="01:22:02.480" style="s2">in authority is a very serious crisis</p>
<p begin="01:21:59.270" end="01:22:04.489" style="s2">because the moment it is revealed</p>
<p begin="01:22:02.480" end="01:22:07.610" style="s2">that an idea is not enough does not give</p>
<p begin="01:22:04.489" end="01:22:09.980" style="s2">counts enough to solve the</p>
<p begin="01:22:07.610" end="01:22:11.700" style="s2">social problems that arise</p>
<p begin="01:22:09.980" end="01:22:13.770" style="s2">when crises come</p>
<p begin="01:22:11.700" end="01:22:16.320" style="s2">And that&#39;s where these new ideas are</p>
<p begin="01:22:13.770" end="01:22:18.110" style="s2">new tools allow us to overcome that</p>
<p begin="01:22:16.320" end="01:22:20.610" style="s2">historical belief that historical idea</p>
<p begin="01:22:18.110" end="01:22:23.600" style="s2">return to that belief will seek to do</p>
<p begin="01:22:20.610" end="01:22:26.000" style="s2">just a passing idea</p>
<p begin="01:22:23.600" end="01:22:27.310" style="s2">only the first the desacralization that</p>
<p begin="01:22:26.000" end="01:22:29.520" style="s2">It&#39;s not little</p>
<p begin="01:22:27.310" end="01:22:32.440" style="s2">remove its religious character</p>
<p begin="01:22:29.520" end="01:22:34.840" style="s2">from provider of social reality to</p>
<p begin="01:22:32.440" end="01:22:37.750" style="s2">state is not little and that in addition that</p>
<p begin="01:22:34.840" end="01:22:40.100" style="s2">usually in any aspect of the</p>
<p begin="01:22:37.750" end="01:22:43.590" style="s2">life has critics</p>
<p begin="01:22:40.100" end="01:22:45.210" style="s2">even in something very banal football is</p>
<p begin="01:22:43.590" end="01:22:47.490" style="s2">that you are very critical of this player</p>
<p begin="01:22:45.210" end="01:22:49.290" style="s2">well the player just has to go back to</p>
<p begin="01:22:47.490" end="01:22:51.330" style="s2">get out of making a good match and leave</p>
<p begin="01:22:49.290" end="01:22:54.320" style="s2">the critic in evidence and that&#39;s it</p>
<p begin="01:22:51.330" end="01:22:58.800" style="s2">critic the authority of the critic is seen</p>
<p begin="01:22:54.320" end="01:23:03.290" style="s2">diminished with that action but what</p>
<p begin="01:22:58.800" end="01:23:03.290" style="s2">I realize is that in this case the state</p>
<p begin="01:23:03.940" end="01:23:09.000" style="s2">any critic of the state who makes the</p>
<p begin="01:23:06.910" end="01:23:10.560" style="s2">bitcoin debt</p>
<p begin="01:23:09.000" end="01:23:12.870" style="s2">you just have you don&#39;t have to do</p>
<p begin="01:23:10.560" end="01:23:15.870" style="s2">absolutely nothing because that is</p>
<p begin="01:23:12.870" end="01:23:21.480" style="s2">just standing still the state</p>
<p begin="01:23:15.870" end="01:23:24.930" style="s2">It is a train without brakes going downhill and</p>
<p begin="01:23:21.480" end="01:23:27.680" style="s2">runaway and the state with its way of</p>
<p begin="01:23:24.930" end="01:23:30.050" style="s2">normal function of inflation</p>
<p begin="01:23:27.680" end="01:23:32.620" style="s2">that the other day I listened to a post that</p>
<p begin="01:23:30.050" end="01:23:36.050" style="s2">I recorded with lightning and something amused me</p>
<p begin="01:23:32.620" end="01:23:39.740" style="s2">I don&#39;t know if Raiola said in automatism</p>
<p begin="01:23:36.050" end="01:23:41.210" style="s2">or without realizing it but said no to</p>
<p begin="01:23:39.740" end="01:23:42.350" style="s2">see bitcoin can protect yourself from</p>
<p begin="01:23:41.210" end="01:23:43.520" style="s2">inflation but we cannot say that</p>
<p begin="01:23:42.350" end="01:23:45.890" style="s2">we have lived in inflation because the</p>
<p begin="01:23:43.520" end="01:23:48.400" style="s2">last 5 or 6 years I don&#39;t know what one said</p>
<p begin="01:23:45.890" end="01:23:51.310" style="s2">figure says we have not had</p>
<p begin="01:23:48.400" end="01:23:53.920" style="s2">offense not accepting that a</p>
<p begin="01:23:51.310" end="01:23:56.739" style="s2">2% inflation is good or a</p>
<p begin="01:23:53.920" end="01:23:58.150" style="s2">inflation less than 2% is normal</p>
<p begin="01:23:56.739" end="01:24:01.510" style="s2">No</p>
<p begin="01:23:58.150" end="01:24:04.030" style="s2">is that even accepting that as normal</p>
<p begin="01:24:01.510" end="01:24:06.100" style="s2">and the state can be super satisfied</p>
<p begin="01:24:04.030" end="01:24:08.320" style="s2">how well we have done it</p>
<p begin="01:24:06.100" end="01:24:09.760" style="s2">we have an inflation of only 0.5 da</p>
<p begin="01:24:08.320" end="01:24:13.480" style="s2">Same</p>
<p begin="01:24:09.760" end="01:24:15.010" style="s2">like bitcoin like critic you know that that</p>
<p begin="01:24:13.480" end="01:24:17.650" style="s2">player is going out to play and each</p>
<p begin="01:24:15.010" end="01:24:20.800" style="s2">party is going to make it worse, it does not have to</p>
<p begin="01:24:17.650" end="01:24:24.100" style="s2">its normal way of functioning either by</p>
<p begin="01:24:20.800" end="01:24:27.140" style="s2">inflation or either by taxes</p>
<p begin="01:24:24.100" end="01:24:29.470" style="s2">that is, your thesis is going to be demonstrated</p>
<p begin="01:24:27.140" end="01:24:32.510" style="s2">with normal operation</p>
<p begin="01:24:29.470" end="01:24:34.520" style="s2">that is not going to make you stop saying</p>
<p begin="01:24:32.510" end="01:24:36.530" style="s2">we have a form with which to compare the</p>
<p begin="01:24:34.520" end="01:24:38.510" style="s2">state we had nothing outside of a</p>
<p begin="01:24:36.530" end="01:24:39.380" style="s2">yardstick with which exact not</p>
<p begin="01:24:38.510" end="01:24:41.420" style="s2">we have a measuring stick is a</p>
<p begin="01:24:39.380" end="01:24:43.460" style="s2">professors, that&#39;s not exactly</p>
<p begin="01:24:41.420" end="01:24:44.750" style="s2">the coin appears in greece at fair in</p>
<p begin="01:24:43.460" end="01:24:47.990" style="s2">the development of the balance not that</p>
<p begin="01:24:44.750" end="01:24:50.720" style="s2">allows you to provide the equivalent of</p>
<p begin="01:24:47.990" end="01:24:52.550" style="s2">metallic weight with the products</p>
<p begin="01:24:50.720" end="01:24:55.070" style="s2">portal izan no now we have a rod of</p>
<p begin="01:24:52.550" end="01:24:57.050" style="s2">to measure for is to bring to light the cost</p>
<p begin="01:24:55.070" end="01:24:58.370" style="s2">political of seeing a state we make a</p>
<p begin="01:24:57.050" end="01:25:01.520" style="s2">middle bar we have a shape</p>
<p begin="01:24:58.370" end="01:25:03.860" style="s2">alternative to evaluate or value the</p>
<p begin="01:25:01.520" end="01:25:05.760" style="s2">the way in which the state acts this is not</p>
<p begin="01:25:03.860" end="01:25:08.000" style="s2">we have before</p>
<p begin="01:25:05.760" end="01:25:09.900" style="s2">and not only this are many things</p>
<p begin="01:25:08.000" end="01:25:13.140" style="s2">So we have the question of</p>
<p begin="01:25:09.900" end="01:25:15.210" style="s2">control is not to say here is the</p>
<p begin="01:25:13.140" end="01:25:17.430" style="s2">state will not be able to control that</p>
<p begin="01:25:15.210" end="01:25:19.890" style="s2">find bitcoin good min</p>
<p begin="01:25:17.430" end="01:25:22.140" style="s2">guarded we have the loss of the</p>
<p begin="01:25:19.890" end="01:25:23.670" style="s2">meaningless legal authority that</p>
<p begin="01:25:22.140" end="01:25:25.260" style="s2">will be able to do justice to that of</p>
<p begin="01:25:23.670" end="01:25:27.690" style="s2">what is in victory is to say it is not going to</p>
<p begin="01:25:25.260" end="01:25:30.180" style="s2">be able to force payment from someone who does not</p>
<p begin="01:25:27.690" end="01:25:33.450" style="s2">want to do it</p>
<p begin="01:25:30.180" end="01:25:35.520" style="s2">it will not be able to good after the subject of</p>
<p begin="01:25:33.450" end="01:25:38.010" style="s2">that seen in competes also with the</p>
<p begin="01:25:35.520" end="01:25:40.750" style="s2">public debt I do not believe like nature</p>
<p begin="01:25:38.010" end="01:25:42.989" style="s2">is one of its main</p>
<p begin="01:25:40.750" end="01:25:45.150" style="s2">in competitors</p>
<p begin="01:25:42.989" end="01:25:47.070" style="s2">and competes removes part of the demand from the</p>
<p begin="01:25:45.150" end="01:25:49.349" style="s2">public doubt also in the states</p>
<p begin="01:25:47.070" end="01:25:51.360" style="s2">they are going to be forced to if the types of</p>
<p begin="01:25:49.349" end="01:25:53.429" style="s2">interest on their public debt will not</p>
<p begin="01:25:51.360" end="01:25:55.499" style="s2">be able to finance their expenses both for the</p>
<p begin="01:25:53.429" end="01:25:57.869" style="s2">party not audit as part not</p>
<p begin="01:25:55.499" end="01:25:59.070" style="s2">they can get so much in debt and if there is a</p>
<p begin="01:25:57.869" end="01:26:00.269" style="s2">public debt crisis this is</p>
<p begin="01:25:59.070" end="01:26:02.639" style="s2">complicated not because the issue of debt</p>
<p begin="01:26:00.269" end="01:26:04.750" style="s2">publish a topic that I think is out there</p>
<p begin="01:26:02.639" end="01:26:06.730" style="s2">the state crisis is about to begin</p>
<p begin="01:26:04.750" end="01:26:09.240" style="s2">because the public debt is financed from</p>
<p begin="01:26:06.730" end="01:26:09.240" style="s2">constant form</p>
<p begin="01:26:09.869" end="01:26:13.579" style="s2">it is refinanced to be a reference</p>
<p begin="01:26:11.760" end="01:26:16.260" style="s2">constant at the current interest rate</p>
<p begin="01:26:13.579" end="01:26:18.119" style="s2">So if you don&#39;t have demand for the</p>
<p begin="01:26:16.260" end="01:26:20.399" style="s2">public debt who simply abertis</p>
<p begin="01:26:18.119" end="01:26:22.139" style="s2">sources only the interests of the</p>
<p begin="01:26:20.399" end="01:26:24.059" style="s2">debt are the second third item</p>
<p begin="01:26:22.139" end="01:26:26.550" style="s2">space budget for giving us by</p>
<p begin="01:26:24.059" end="01:26:28.169" style="s2">case let&#39;s say they have to</p>
<p begin="01:26:26.550" end="01:26:29.550" style="s2">refinance at an interest rate</p>
<p begin="01:26:28.169" end="01:26:32.519" style="s2">higher as only those are paid</p>
<p begin="01:26:29.550" end="01:26:34.979" style="s2">interest automatically I had double</p>
<p begin="01:26:32.519" end="01:26:36.629" style="s2">the interest rate is double</p>
<p begin="01:26:34.979" end="01:26:38.459" style="s2">interest not of what is</p>
<p begin="01:26:36.629" end="01:26:40.619" style="s2">refinancing at birth and others</p>
<p begin="01:26:38.459" end="01:26:42.689" style="s2">It also has very specific peculiarities</p>
<p begin="01:26:40.619" end="01:26:44.760" style="s2">because fabrics refinance in the</p>
<p begin="01:26:42.689" end="01:26:47.879" style="s2">creditors if they want but if they have</p>
<p begin="01:26:44.760" end="01:26:50.260" style="s2">Doubts about whether you will be able to pay where</p>
<p begin="01:26:47.879" end="01:26:52.389" style="s2">solvency</p>
<p begin="01:26:50.260" end="01:26:54.789" style="s2">they do not refinance it, they demand payment</p>
<p begin="01:26:52.389" end="01:26:56.730" style="s2">at expiration and there we can have some</p>
<p begin="01:26:54.789" end="01:26:59.349" style="s2">serious tensions</p>
<p begin="01:26:56.730" end="01:27:01.119" style="s2">in the states when paying your</p>
<p begin="01:26:59.349" end="01:27:04.179" style="s2">debt is obviously not going to rise</p>
<p begin="01:27:01.119" end="01:27:06.940" style="s2">even more the taxes that are going to</p>
<p begin="01:27:04.179" end="01:27:08.320" style="s2">try to put more pressure on the rest and they will</p>
<p begin="01:27:06.940" end="01:27:11.710" style="s2">see more and more how there is a</p>
<p begin="01:27:08.320" end="01:27:13.150" style="s2">There is an alternative that is very profitable</p>
<p begin="01:27:11.710" end="01:27:15.659" style="s2">we have profitable because if I don&#39;t</p>
<p begin="01:27:13.150" end="01:27:17.219" style="s2">they control this hey</p>
<p begin="01:27:15.659" end="01:27:19.079" style="s2">here I have independence that I have</p>
<p begin="01:27:17.219" end="01:27:20.429" style="s2">security is precisely what is not</p>
<p begin="01:27:19.079" end="01:27:23.280" style="s2">provide status right now to</p>
<p begin="01:27:20.429" end="01:27:25.349" style="s2">economic and patrimonial level and not here</p>
<p begin="01:27:23.280" end="01:27:27.119" style="s2">depends on third parties here I do not enter that</p>
<p begin="01:27:25.349" end="01:27:29.269" style="s2">thinking about whether the state will meet its</p>
<p begin="01:27:27.119" end="01:27:31.850" style="s2">obligation</p>
<p begin="01:27:29.269" end="01:27:33.910" style="s2">i was listening to this</p>
<p begin="01:27:31.850" end="01:27:38.000" style="s2">and all this talk about the great reset</p>
<p begin="01:27:33.910" end="01:27:39.470" style="s2">I&#39;m honest, I don&#39;t understand where</p>
<p begin="01:27:38.000" end="01:27:44.720" style="s2">the shots go I see what they are doing</p>
<p begin="01:27:39.470" end="01:27:47.140" style="s2">the g-7 g-8 that mother and I understand that for</p>
<p begin="01:27:44.720" end="01:27:50.150" style="s2">there go the shots but the great reset</p>
<p begin="01:27:47.140" end="01:27:53.300" style="s2">now I see clearly that what will go</p>
<p begin="01:27:50.150" end="01:27:55.130" style="s2">to do is how the state is doomed</p>
<p begin="01:27:53.300" end="01:27:58.100" style="s2">to be this fish that bites the</p>
<p begin="01:27:55.130" end="01:28:00.260" style="s2">tail that infinite ponce that leads to no</p>
<p begin="01:27:58.100" end="01:28:02.450" style="s2">to be able to pay this public debt by</p>
<p begin="01:28:00.260" end="01:28:03.770" style="s2">example at some point it will be</p>
<p begin="01:28:02.450" end="01:28:05.650" style="s2">try to do as a pardon</p>
<p begin="01:28:03.770" end="01:28:07.970" style="s2">world</p>
<p begin="01:28:05.650" end="01:28:11.450" style="s2">basically a throw a ball towards</p>
<p begin="01:28:07.970" end="01:28:13.040" style="s2">forward to reset how to go back</p>
<p begin="01:28:11.450" end="01:28:16.520" style="s2">to start to start again</p>
<p begin="01:28:13.040" end="01:28:18.140" style="s2">accumulate all this dirt that now</p>
<p begin="01:28:16.520" end="01:28:19.880" style="s2">same is where we are could be and</p>
<p begin="01:28:18.140" end="01:28:21.110" style="s2">If I already told you, I don&#39;t have an idea, I don&#39;t</p>
<p begin="01:28:19.880" end="01:28:22.610" style="s2">researched in depth but it gives me</p>
<p begin="01:28:21.110" end="01:28:24.470" style="s2">feeling that I could go there</p>
<p begin="01:28:22.610" end="01:28:25.820" style="s2">shots this is another of the topics that</p>
<p begin="01:28:24.470" end="01:28:27.740" style="s2">They mention the book that I didn&#39;t develop it</p>
<p begin="01:28:25.820" end="01:28:29.840" style="s2">widely but that I would deserve it</p>
<p begin="01:28:27.740" end="01:28:31.920" style="s2">test is the subject put a nature</p>
<p begin="01:28:29.840" end="01:28:34.320" style="s2">of public doubt</p>
<p begin="01:28:31.920" end="01:28:36.420" style="s2">and they do a debt forgiveness this</p>
<p begin="01:28:34.320" end="01:28:38.340" style="s2">It&#39;s the equivalent of hyperinflation.</p>
<p begin="01:28:36.420" end="01:28:40.679" style="s2">the consequence of a waiver of</p>
<p begin="01:28:38.340" end="01:28:42.150" style="s2">2000 peninsula with this you have to know a</p>
<p begin="01:28:40.679" end="01:28:43.350" style="s2">little accounting to understand this</p>
<p begin="01:28:42.150" end="01:28:45.239" style="s2">kind of issues and is still in</p>
<p begin="01:28:43.350" end="01:28:48.150" style="s2">debate on whether fiat money is a</p>
<p begin="01:28:45.239" end="01:28:50.640" style="s2">liability of the central bank or there was no</p>
<p begin="01:28:48.150" end="01:28:52.949" style="s2">debate on twitter recently for bees</p>
<p begin="01:28:50.640" end="01:28:55.230" style="s2">we can bolivar and others about if it was</p>
<p begin="01:28:52.949" end="01:28:58.219" style="s2">patent very well everyone because he was passive and</p>
<p begin="01:28:55.230" end="01:28:58.219" style="s2">quivering and passive</p>
<p begin="01:28:58.760" end="01:29:02.990" style="s2">historical nature</p>
<p begin="01:29:00.850" end="01:29:05.720" style="s2">of money issued by banks</p>
<p begin="01:29:02.990" end="01:29:09.380" style="s2">will be a liability because</p>
<p begin="01:29:05.720" end="01:29:10.550" style="s2">they had the active part of the gold and</p>
<p begin="01:29:09.380" end="01:29:12.140" style="s2">the part in the passive that was the</p>
<p begin="01:29:10.550" end="01:29:13.790" style="s2">obligation to repay this amount</p>
<p begin="01:29:12.140" end="01:29:15.770" style="s2">of gold to which they were provided</p>
<p begin="01:29:13.790" end="01:29:18.020" style="s2">tickets in case you claim them</p>
<p begin="01:29:15.770" end="01:29:20.630" style="s2">the third, because there it is very clear which one</p>
<p begin="01:29:18.020" end="01:29:22.520" style="s2">It is the obligation that the banks had</p>
<p begin="01:29:20.630" end="01:29:23.870" style="s2">central offices and because he was a liability</p>
<p begin="01:29:22.520" end="01:29:26.960" style="s2">money they issued not because they had in</p>
<p begin="01:29:23.870" end="01:29:29.310" style="s2">the asset both gold and the liability in</p>
<p begin="01:29:26.960" end="01:29:31.200" style="s2">tickets they issued</p>
<p begin="01:29:29.310" end="01:29:34.080" style="s2">and it was an obligation that is to say you can</p>
<p begin="01:29:31.200" end="01:29:35.280" style="s2">require it can be required by states under</p>
<p begin="01:29:34.080" end="01:29:36.870" style="s2">it&#39;s good they were good times more</p>
<p begin="01:29:35.280" end="01:29:40.160" style="s2">complicated and unions but a little more</p>
<p begin="01:29:36.870" end="01:29:43.200" style="s2">long but good the enforceability had</p>
<p begin="01:29:40.160" end="01:29:45.210" style="s2">possibility of demanding not clear when</p>
<p begin="01:29:43.200" end="01:29:48.270" style="s2">got off the gold standard with nixon in &#39;71</p>
<p begin="01:29:45.210" end="01:29:50.310" style="s2">there is no longer this requirement however</p>
<p begin="01:29:48.270" end="01:29:52.890" style="s2">they continue accounting for it</p>
<p begin="01:29:50.310" end="01:29:54.060" style="s2">as a liability if you have as</p>
<p begin="01:29:52.890" end="01:29:56.180" style="s2">double-entry bookkeeping- you have</p>
<p begin="01:29:54.060" end="01:30:00.090" style="s2">to introduce something negative and then</p>
<p begin="01:29:56.180" end="01:30:02.400" style="s2">money is issued in such a way that</p>
<p begin="01:30:00.090" end="01:30:04.980" style="s2">that money is recorded in the liability</p>
<p begin="01:30:02.400" end="01:30:06.420" style="s2">fixed that is issued and in the asset is</p>
<p begin="01:30:04.980" end="01:30:08.520" style="s2">accounts for public debt mainly</p>
<p begin="01:30:06.420" end="01:30:10.110" style="s2">what is an intermediate system is made</p>
<p begin="01:30:08.520" end="01:30:11.520" style="s2">because central banks in principle</p>
<p begin="01:30:10.110" end="01:30:13.860" style="s2">they cannot directly buy the debt</p>
<p begin="01:30:11.520" end="01:30:15.300" style="s2">public to the states but will</p>
<p begin="01:30:13.860" end="01:30:16.770" style="s2">buy the secondary market then</p>
<p begin="01:30:15.300" end="01:30:17.810" style="s2">banks are used as an intermediary</p>
<p begin="01:30:16.770" end="01:30:21.690" style="s2">commercial</p>
<p begin="01:30:17.810" end="01:30:24.150" style="s2">The central bank makes a loan to the</p>
<p begin="01:30:21.690" end="01:30:26.040" style="s2">commercial bank to buy the debt</p>
<p begin="01:30:24.150" end="01:30:27.880" style="s2">public after the repurchase in the</p>
<p begin="01:30:26.040" end="01:30:31.090" style="s2">Secondary market</p>
<p begin="01:30:27.880" end="01:30:32.500" style="s2">to commercial banks the operation of</p>
<p begin="01:30:31.090" end="01:30:34.570" style="s2">an infinite return although very</p>
<p begin="01:30:32.500" end="01:30:36.520" style="s2">low but infinite because they give the</p>
<p begin="01:30:34.570" end="01:30:39.340" style="s2">money borrowed at domestic interest rate</p>
<p begin="01:30:36.520" end="01:30:41.170" style="s2">to which to repurchase the public debt and this</p>
<p begin="01:30:39.340" end="01:30:43.750" style="s2">is what the banks have then in</p>
<p begin="01:30:41.170" end="01:30:47.830" style="s2">its asset public debt no then yes</p>
<p begin="01:30:43.750" end="01:30:50.320" style="s2">no one in money is another commodity</p>
<p begin="01:30:47.830" end="01:30:51.400" style="s2">and its merchandise will be of its value</p>
<p begin="01:30:50.320" end="01:30:53.699" style="s2">determines the same as any other</p>
<p begin="01:30:51.400" end="01:30:56.770" style="s2">merchandise for supply and for its demand</p>
<p begin="01:30:53.699" end="01:30:58.659" style="s2">if there is inflation the central bank</p>
<p begin="01:30:56.770" end="01:31:01.389" style="s2">you have to sell what you have in your</p>
<p begin="01:30:58.659" end="01:31:02.860" style="s2">asset to withdraw fiat money from</p>
<p begin="01:31:01.389" end="01:31:04.840" style="s2">market this is a bit complicated but</p>
<p begin="01:31:02.860" end="01:31:05.889" style="s2">It&#39;s very important to understand because I think</p>
<p begin="01:31:04.840" end="01:31:08.170" style="s2">I that is going to take place here</p>
<p begin="01:31:05.889" end="01:31:09.610" style="s2">crisis is to reduce the supply basically</p>
<p begin="01:31:08.170" end="01:31:11.320" style="s2">when they have to reduce supply and</p>
<p begin="01:31:09.610" end="01:31:12.969" style="s2">supply reduce them by putting in the</p>
<p begin="01:31:11.320" end="01:31:15.610" style="s2">public debt market than a third party</p>
<p begin="01:31:12.969" end="01:31:18.790" style="s2">in particular purchase gives fiat money to</p>
<p begin="01:31:15.610" end="01:31:20.260" style="s2">him and since he has an asset he enters the</p>
<p begin="01:31:18.790" end="01:31:22.449" style="s2">active fiat money and in the passive has</p>
<p begin="01:31:20.260" end="01:31:23.920" style="s2">money head cancels it due to confusion and</p>
<p begin="01:31:22.449" end="01:31:25.929" style="s2">That is the way you have to regulate the</p>
<p begin="01:31:23.920" end="01:31:28.180" style="s2">inflation to control the price of your</p>
<p begin="01:31:25.929" end="01:31:29.860" style="s2">currency the value of your currency</p>
<p begin="01:31:28.180" end="01:31:31.750" style="s2">maybe the public doubts and nobody&#39;s</p>
<p begin="01:31:29.860" end="01:31:33.520" style="s2">because there is inflation and income some types</p>
<p begin="01:31:31.750" end="01:31:34.780" style="s2">of ridiculous interest protects on the</p>
<p begin="01:31:33.520" end="01:31:37.270" style="s2">interest rates so that people</p>
<p begin="01:31:34.780" end="01:31:38.830" style="s2">purchase of interest rates you have</p>
<p begin="01:31:37.270" end="01:31:41.020" style="s2">than cutting spending is coping</p>
<p begin="01:31:38.830" end="01:31:43.159" style="s2">to huge refinancing expenses</p>
<p begin="01:31:41.020" end="01:31:46.219" style="s2">of fadura</p>
<p begin="01:31:43.159" end="01:31:48.289" style="s2">then the situation can be very very</p>
<p begin="01:31:46.219" end="01:31:50.419" style="s2">very bad because if they make a waiver</p>
<p begin="01:31:48.289" end="01:31:53.809" style="s2">of the debt the asset that they have</p>
<p begin="01:31:50.419" end="01:31:55.909" style="s2">It is not worth anything and if there is inflation, not it</p>
<p begin="01:31:53.809" end="01:31:59.449" style="s2">they can control because they have no excuse</p>
<p begin="01:31:55.909" end="01:32:01.900" style="s2">with which to deal with withdrawing offer</p>
<p begin="01:31:59.449" end="01:32:05.749" style="s2">of that public doubt</p>
<p begin="01:32:01.900" end="01:32:07.789" style="s2">of speed but then of course this is</p>
<p begin="01:32:05.749" end="01:32:10.519" style="s2">the situation to which I think not</p>
<p begin="01:32:07.789" end="01:32:13.290" style="s2">they are not seeing from afar the people who</p>
<p begin="01:32:10.519" end="01:32:16.980" style="s2">is in control of these types of issues</p>
<p begin="01:32:13.290" end="01:32:18.390" style="s2">and that it is going to present itself to them suddenly and</p>
<p begin="01:32:16.980" end="01:32:20.220" style="s2">people as soon as they see inflation</p>
<p begin="01:32:18.390" end="01:32:22.880" style="s2">precisely about what he said to leave no</p>
<p begin="01:32:20.220" end="01:32:24.630" style="s2">a coin because it is already in a book</p>
<p begin="01:32:22.880" end="01:32:27.480" style="s2">spectacular that is the nationalization</p>
<p begin="01:32:24.630" end="01:32:30.420" style="s2">they don&#39;t like money and what it says no</p>
<p begin="01:32:27.480" end="01:32:33.180" style="s2">the only thing we need we can&#39;t</p>
<p begin="01:32:30.420" end="01:32:35.090" style="s2">snatch away the monopoly of issuance of</p>
<p begin="01:32:33.180" end="01:32:38.010" style="s2">currency to the states violently</p>
<p begin="01:32:35.090" end="01:32:39.390" style="s2">we can only snatch by introducing it</p>
<p begin="01:32:38.010" end="01:32:41.700" style="s2">cunningly in such a way that you do not</p>
<p begin="01:32:39.390" end="01:32:43.910" style="s2">can stop and the only requirements that</p>
<p begin="01:32:41.700" end="01:32:46.500" style="s2">have to meet these coins is</p>
<p begin="01:32:43.910" end="01:32:48.720" style="s2">avoid inflation and that&#39;s what it does</p>
<p begin="01:32:46.500" end="01:32:50.880" style="s2">exactly say between being introduced</p>
<p begin="01:32:48.720" end="01:32:54.340" style="s2">in such a way that they can&#39;t stop it</p>
<p begin="01:32:50.880" end="01:32:57.659" style="s2">and avoid it easily</p>
<p begin="01:32:54.340" end="01:32:59.820" style="s2">the states are doomed, you already believe</p>
<p begin="01:32:57.659" end="01:33:01.530" style="s2">I think about it a lot, it&#39;s that I don&#39;t know</p>
<p begin="01:32:59.820" end="01:33:05.130" style="s2">no scenario occurs in which they can</p>
<p begin="01:33:01.530" end="01:33:07.860" style="s2">go out well I am not saying that they will not give</p>
<p begin="01:33:05.130" end="01:33:09.510" style="s2">per sack I don&#39;t think it has a lot</p>
<p begin="01:33:07.860" end="01:33:11.969" style="s2">power and they are going to squeeze the citizens</p>
<p begin="01:33:09.510" end="01:33:13.719" style="s2">for all for all for all</p>
<p begin="01:33:11.969" end="01:33:15.909" style="s2">measures that can</p>
<p begin="01:33:13.719" end="01:33:17.199" style="s2">and that in many states especially</p>
<p begin="01:33:15.909" end="01:33:20.940" style="s2">for example in Spanish because they are going to end</p>
<p begin="01:33:17.199" end="01:33:20.940" style="s2">very argentinized</p>
<p begin="01:33:23.030" end="01:33:28.130" style="s2">but after that I think they are going to</p>
<p begin="01:33:26.239" end="01:33:30.770" style="s2">impossibility of guaranteeing many of</p>
<p begin="01:33:28.130" end="01:33:33.230" style="s2">the issues that they have promised to be</p>
<p begin="01:33:30.770" end="01:33:35.539" style="s2">supposed to be its essential function</p>
<p begin="01:33:33.230" end="01:33:39.670" style="s2">that is derived from another asset such as</p>
<p begin="01:33:35.539" end="01:33:41.890" style="s2">seen in the perception of security</p>
<p begin="01:33:39.670" end="01:33:45.520" style="s2">I think it&#39;s going to break us</p>
<p begin="01:33:41.890" end="01:33:48.060" style="s2">break the but practically no no</p>
<p begin="01:33:45.520" end="01:33:51.130" style="s2">is it nominally or not</p>
<p begin="01:33:48.060" end="01:33:53.060" style="s2">theoretically no no no de facto they will not</p>
<p begin="01:33:51.130" end="01:33:54.710" style="s2">be able to enforce</p>
<p begin="01:33:53.060" end="01:33:56.890" style="s2">and the rules that they themselves govern in</p>
<p begin="01:33:54.710" end="01:33:59.740" style="s2">his territory</p>
<p begin="01:33:56.890" end="01:34:02.620" style="s2">you just said a thing about the beagle</p>
<p begin="01:33:59.740" end="01:34:05.590" style="s2">he takes away their security and hands them over</p>
<p begin="01:34:02.620" end="01:34:08.050" style="s2">its users to bitcoin ers and before</p>
<p begin="01:34:05.590" end="01:34:11.070" style="s2">You said that what the selling contributed</p>
<p begin="01:34:08.050" end="01:34:15.060" style="s2">point a of the states to</p>
<p begin="01:34:11.070" end="01:34:17.890" style="s2">its citizens was security not that</p>
<p begin="01:34:15.060" end="01:34:20.470" style="s2">security that I also introduce another</p>
<p begin="01:34:17.890" end="01:34:22.450" style="s2">issue that translates into a lack of</p>
<p begin="01:34:20.470" end="01:34:24.700" style="s2">responsibility because as they are already</p>
<p begin="01:34:22.450" end="01:34:28.450" style="s2">giving a security because I give myself</p>
<p begin="01:34:24.700" end="01:34:30.610" style="s2">because he blamed me and that&#39;s why</p>
<p begin="01:34:28.450" end="01:34:32.320" style="s2">we see this society that to the minimum that</p>
<p begin="01:34:30.610" end="01:34:35.200" style="s2">he has a problem it&#39;s his fault</p>
<p begin="01:34:32.320" end="01:34:38.020" style="s2">government because I am not responsible for</p>
<p begin="01:34:35.200" end="01:34:41.260" style="s2">nothing is responsible for fix method</p>
<p begin="01:34:38.020" end="01:34:42.850" style="s2">It&#39;s the government and now it&#39;s the government</p>
<p begin="01:34:41.260" end="01:34:45.060" style="s2">been in the end the government simply</p>
<p begin="01:34:42.850" end="01:34:47.200" style="s2">is the device that</p>
<p begin="01:34:45.060" end="01:34:49.540" style="s2">the team that is currently</p>
<p begin="01:34:47.200" end="01:34:52.240" style="s2">controlling the state apparatus and</p>
<p begin="01:34:49.540" end="01:34:54.670" style="s2">what makes bitcoin another state crisis</p>
<p begin="01:34:52.240" end="01:34:56.260" style="s2">It is not what I introduced so far</p>
<p begin="01:34:54.670" end="01:34:58.310" style="s2">security is that</p>
<p begin="01:34:56.260" end="01:35:00.230" style="s2">take away</p>
<p begin="01:34:58.310" end="01:35:01.790" style="s2">security control because</p>
<p begin="01:35:00.230" end="01:35:04.190" style="s2">let&#39;s say when you become bitcoin he</p>
<p begin="01:35:01.790" end="01:35:06.560" style="s2">gain security you start to see everything</p>
<p begin="01:35:04.190" end="01:35:09.350" style="s2">from outside gain security you are</p>
<p begin="01:35:06.560" end="01:35:11.060" style="s2">bound to the famous responsibility that</p>
<p begin="01:35:09.350" end="01:35:13.130" style="s2">we always advocate and I advocate in all</p>
<p begin="01:35:11.060" end="01:35:14.870" style="s2">podcast that I do that a bitcoin was</p>
<p begin="01:35:13.130" end="01:35:16.940" style="s2">to be a responsible person</p>
<p begin="01:35:14.870" end="01:35:19.100" style="s2">recover responsibility and cannot</p>
<p begin="01:35:16.940" end="01:35:20.840" style="s2">keep living in this lie in this</p>
<p begin="01:35:19.100" end="01:35:23.960" style="s2">fiction in which we have been living</p>
<p begin="01:35:20.840" end="01:35:25.540" style="s2">many years centuries but this has</p>
<p begin="01:35:23.960" end="01:35:28.840" style="s2">what to finish</p>
<p begin="01:35:25.540" end="01:35:31.450" style="s2">is is another way to convert to the state</p>
<p begin="01:35:28.840" end="01:35:34.150" style="s2">in a historical idea the citizen wins</p>
<p begin="01:35:31.450" end="01:35:38.020" style="s2">that vision gains that security and takes that</p>
<p begin="01:35:34.150" end="01:35:40.600" style="s2">responsibility is then that&#39;s</p>
<p begin="01:35:38.020" end="01:35:42.070" style="s2">hence the theme of adolfo&#39;s book</p>
<p begin="01:35:40.600" end="01:35:45.520" style="s2">contreras who is trying to publish</p>
<p begin="01:35:42.070" end="01:35:48.490" style="s2">the sovereign individual was essential but</p>
<p begin="01:35:45.520" end="01:35:50.410" style="s2">I don&#39;t link it so much to that, I don&#39;t know but</p>
<p begin="01:35:48.490" end="01:35:52.120" style="s2">I don&#39;t like the idea so much</p>
<p begin="01:35:50.410" end="01:35:54.010" style="s2">sovereignty as evidently I believe it has</p>
<p begin="01:35:52.120" end="01:35:56.080" style="s2">been more or less clear nor the idea of</p>
<p begin="01:35:54.010" end="01:35:57.490" style="s2">individual because in the end what I</p>
<p begin="01:35:56.080" end="01:35:59.710" style="s2">point a little inside these environments</p>
<p begin="01:35:57.490" end="01:36:01.570" style="s2">more or less libertarian liberals since</p>
<p begin="01:35:59.710" end="01:36:03.370" style="s2">issues that I was not very clear about</p>
<p begin="01:36:01.570" end="01:36:05.440" style="s2">the state not then right away that</p>
<p begin="01:36:03.370" end="01:36:07.180" style="s2">anarchist action immediately the debates</p>
<p begin="01:36:05.440" end="01:36:09.220" style="s2">revolve around whether to reduce the</p>
<p begin="01:36:07.180" end="01:36:12.840" style="s2">state size or not but not tack</p>
<p begin="01:36:09.220" end="01:36:12.840" style="s2">towards other political forms</p>
<p begin="01:36:13.199" end="01:36:17.159" style="s2">the risk is that we do need</p>
<p begin="01:36:15.300" end="01:36:19.530" style="s2">live in certain communities not so</p>
<p begin="01:36:17.159" end="01:36:21.870" style="s2">we need is power issues</p>
<p begin="01:36:19.530" end="01:36:25.080" style="s2">and we run some risk that the</p>
<p begin="01:36:21.870" end="01:36:27.240" style="s2">state crisis wipe out the</p>
<p begin="01:36:25.080" end="01:36:29.450" style="s2">mentality or perception must be lived</p>
<p begin="01:36:27.240" end="01:36:31.110" style="s2">in community of political life</p>
<p begin="01:36:29.450" end="01:36:33.810" style="s2">because as he has absorbed</p>
<p begin="01:36:31.110" end="01:36:35.610" style="s2">absolutely everything if it disappears than not</p>
<p begin="01:36:33.810" end="01:36:38.250" style="s2">there is nothing left nothing but an individual</p>
<p begin="01:36:35.610" end="01:36:41.550" style="s2">this is not the need so to speak</p>
<p begin="01:36:38.250" end="01:36:43.560" style="s2">vital existential personnel that we have</p>
<p begin="01:36:41.550" end="01:36:45.450" style="s2">to think about new political forms</p>
<p begin="01:36:43.560" end="01:36:47.550" style="s2">we have to see how we go</p>
<p begin="01:36:45.450" end="01:36:49.350" style="s2">reorganize after the crisis</p>
<p begin="01:36:47.550" end="01:36:50.790" style="s2">state we have to start thinking about</p>
<p begin="01:36:49.350" end="01:36:52.950" style="s2">these kinds of issues</p>
<p begin="01:36:50.790" end="01:36:55.170" style="s2">we have to get honor is worth a nazism</p>
<p begin="01:36:52.950" end="01:36:56.160" style="s2">This is not worth a total individualism</p>
<p begin="01:36:55.170" end="01:36:57.750" style="s2">it&#39;s not going to work it&#39;s not going to come out</p>
<p begin="01:36:56.160" end="01:37:00.270" style="s2">relatively well because nature</p>
<p begin="01:36:57.750" end="01:37:01.860" style="s2">politics the nature of man is</p>
<p begin="01:37:00.270" end="01:37:05.490" style="s2">associate politically live in</p>
<p begin="01:37:01.860" end="01:37:07.970" style="s2">community the family are all that type</p>
<p begin="01:37:05.490" end="01:37:10.230" style="s2">of issues and you will not be able to do this</p>
<p begin="01:37:07.970" end="01:37:12.560" style="s2">annul or delete with all power</p>
<p begin="01:37:10.230" end="01:37:14.540" style="s2">organize simply with this</p>
<p begin="01:37:12.560" end="01:37:17.330" style="s2">and the one who documents I know that with him</p>
<p begin="01:37:14.540" end="01:37:20.480" style="s2">trade we would already have that kind of</p>
<p begin="01:37:17.330" end="01:37:22.700" style="s2">relationship I think it is difficult in</p>
<p begin="01:37:20.480" end="01:37:24.620" style="s2">when do you start to think about this guy</p>
<p begin="01:37:22.700" end="01:37:26.930" style="s2">of issues automatically those</p>
<p begin="01:37:24.620" end="01:37:28.940" style="s2">new political forms automatically</p>
<p begin="01:37:26.930" end="01:37:31.100" style="s2">you think about how they would be and the</p>
<p begin="01:37:28.940" end="01:37:32.720" style="s2">security precisely this security</p>
<p begin="01:37:31.100" end="01:37:34.490" style="s2">physical no longer in patrimonial security</p>
<p begin="01:37:32.720" end="01:37:37.160" style="s2">that security may be arranged for you</p>
<p begin="01:37:34.490" end="01:37:38.120" style="s2">Physics is how you organize it is how you</p>
<p begin="01:37:37.160" end="01:37:40.160" style="s2">does</p>
<p begin="01:37:38.120" end="01:37:42.590" style="s2">I&#39;m going to stop you here because I see why</p>
<p begin="01:37:40.160" end="01:37:43.970" style="s2">where are you going I see that you are leaving that part</p>
<p begin="01:37:42.590" end="01:37:45.850" style="s2">end that I&#39;m reserving for al</p>
<p begin="01:37:43.970" end="01:37:48.770" style="s2">end of the post because I think it is the most</p>
<p begin="01:37:45.850" end="01:37:51.710" style="s2">inspiring what happens that I have one</p>
<p begin="01:37:48.770" end="01:37:54.380" style="s2">last question of the crisis of the</p>
<p begin="01:37:51.710" end="01:37:56.780" style="s2">state and a nuance to what you said</p>
<p begin="01:37:54.380" end="01:37:58.070" style="s2">from the book that adolfo is looking at</p>
<p begin="01:37:56.780" end="01:37:59.660" style="s2">translated from Spanish that I hope you will</p>
<p begin="01:37:58.070" end="01:38:02.000" style="s2">get it because it is a great pound that is the</p>
<p begin="01:37:59.660" end="01:38:04.040" style="s2">sovereign individual</p>
<p begin="01:38:02.000" end="01:38:06.100" style="s2">according to what you said then for you</p>
<p begin="01:38:04.040" end="01:38:10.120" style="s2">it would be more</p>
<p begin="01:38:06.100" end="01:38:12.700" style="s2">the title should be something like 9 o&#39;clock</p>
<p begin="01:38:10.120" end="01:38:14.680" style="s2">new political form, that is, not so much</p>
<p begin="01:38:12.700" end="01:38:17.230" style="s2">focused on individual sovereignty but</p>
<p begin="01:38:14.680" end="01:38:19.890" style="s2">like we have to think about him</p>
<p begin="01:38:17.230" end="01:38:22.270" style="s2">new model we have to find</p>
<p begin="01:38:19.890" end="01:38:24.220" style="s2">Exactly this book focuses more on the</p>
<p begin="01:38:22.270" end="01:38:26.200" style="s2">crisis of the nation-state as such</p>
<p begin="01:38:24.220" end="01:38:28.150" style="s2">concept not a transition one</p>
<p begin="01:38:26.200" end="01:38:30.430" style="s2">transformation in the age of</p>
<p begin="01:38:28.150" end="01:38:31.990" style="s2">information</p>
<p begin="01:38:30.430" end="01:38:33.490" style="s2">and I believe that it is true that the</p>
<p begin="01:38:31.990" end="01:38:35.760" style="s2">individuals we are going to acquire a lot</p>
<p begin="01:38:33.490" end="01:38:38.389" style="s2">more power than we currently have</p>
<p begin="01:38:35.760" end="01:38:41.869" style="s2">let&#39;s just think</p>
<p begin="01:38:38.389" end="01:38:44.449" style="s2">with stalin we will have with an antenna</p>
<p begin="01:38:41.869" end="01:38:46.669" style="s2">Internet access and we will be able to have</p>
<p begin="01:38:44.449" end="01:38:48.820" style="s2">jas solar panels with the</p>
<p begin="01:38:46.669" end="01:38:51.590" style="s2">to be energetically independent</p>
<p begin="01:38:48.820" end="01:38:53.110" style="s2">we are going to have money with which not</p>
<p begin="01:38:51.590" end="01:38:55.280" style="s2">we depend on third parties, that is not to say</p>
<p begin="01:38:53.110" end="01:38:57.349" style="s2">any individual can go to one</p>
<p begin="01:38:55.280" end="01:38:58.219" style="s2">cave with these three things and work</p>
<p begin="01:38:57.349" end="01:39:01.340" style="s2">for anyone at any</p>
<p begin="01:38:58.219" end="01:39:02.199" style="s2">part of the world a sunny cave and water</p>
<p begin="01:39:01.340" end="01:39:05.479" style="s2">sunny</p>
<p begin="01:39:02.199" end="01:39:07.189" style="s2">and not depend on anything else nothing else is</p>
<p begin="01:39:05.479" end="01:39:09.579" style="s2">nothing else is being able to get everything</p>
<p begin="01:39:07.189" end="01:39:11.349" style="s2">need with those three things</p>
<p begin="01:39:09.579" end="01:39:13.220" style="s2">so yes it is true that</p>
<p begin="01:39:11.349" end="01:39:15.230" style="s2">individuals will be able</p>
<p begin="01:39:13.220" end="01:39:17.060" style="s2">get a lot more individual power</p>
<p begin="01:39:15.230" end="01:39:18.770" style="s2">in that sense and that the state to have</p>
<p begin="01:39:17.060" end="01:39:20.990" style="s2">a very serious and very considerable crisis</p>
<p begin="01:39:18.770" end="01:39:22.760" style="s2">in the sense of</p>
<p begin="01:39:20.990" end="01:39:23.870" style="s2">first that it will no longer be the provider</p>
<p begin="01:39:22.760" end="01:39:25.430" style="s2">of this social reality because</p>
<p begin="01:39:23.870" end="01:39:27.080" style="s2">individuals will be able to provide it to themselves</p>
<p begin="01:39:25.430" end="01:39:29.570" style="s2">itself to be able to have mechanisms by which</p>
<p begin="01:39:27.080" end="01:39:31.580" style="s2">you get your own way of all</p>
<p begin="01:39:29.570" end="01:39:32.990" style="s2">these issues and that they are also going to be</p>
<p begin="01:39:31.580" end="01:39:35.600" style="s2">much better state pain ie</p>
<p begin="01:39:32.990" end="01:39:37.960" style="s2">infinitely better and with is a</p>
<p begin="01:39:35.600" end="01:39:37.960" style="s2">proof of it</p>
<p begin="01:39:38.280" end="01:39:43.730" style="s2">and see how all that happens I think not</p>
<p begin="01:39:40.500" end="01:39:47.010" style="s2">It is easy but but what is not in doubt is that</p>
<p begin="01:39:43.730" end="01:39:48.480" style="s2">the main the main heads</p>
<p begin="01:39:47.010" end="01:39:50.670" style="s2">who are right now in command of power</p>
<p begin="01:39:48.480" end="01:39:53.070" style="s2">political economic business and others</p>
<p begin="01:39:50.670" end="01:39:55.630" style="s2">they are not considering these to me</p>
<p begin="01:39:53.070" end="01:39:57.610" style="s2">I find it quite expensive</p>
<p begin="01:39:55.630" end="01:40:01.480" style="s2">last question of the crisis of the state</p>
<p begin="01:39:57.610" end="01:40:04.719" style="s2">the state lost its way or simply</p>
<p begin="01:40:01.480" end="01:40:07.590" style="s2">has been surpassed uses its moment</p>
<p begin="01:40:04.719" end="01:40:10.530" style="s2">historical past and has been surpassed</p>
<p begin="01:40:07.590" end="01:40:12.090" style="s2">no error</p>
<p begin="01:40:10.530" end="01:40:15.489" style="s2">visible</p>
<p begin="01:40:12.090" end="01:40:17.650" style="s2">I think so without a doubt</p>
<p begin="01:40:15.489" end="01:40:20.440" style="s2">been has changed form by form</p>
<p begin="01:40:17.650" end="01:40:22.810" style="s2">of doing politics not the way of</p>
<p begin="01:40:20.440" end="01:40:24.400" style="s2">that men be guided towards the</p>
<p begin="01:40:22.810" end="01:40:25.840" style="s2">virtue that men have as</p>
<p begin="01:40:24.400" end="01:40:28.070" style="s2">reference some kind of salts</p>
<p begin="01:40:25.840" end="01:40:30.230" style="s2">socially recognized</p>
<p begin="01:40:28.070" end="01:40:32.719" style="s2">that guides them to be better</p>
<p begin="01:40:30.230" end="01:40:34.699" style="s2">better people at this kind of</p>
<p begin="01:40:32.719" end="01:40:36.650" style="s2">such an essential question does not remain for</p>
<p begin="01:40:34.699" end="01:40:38.210" style="s2">the total paris is for example the essence</p>
<p begin="01:40:36.650" end="01:40:39.989" style="s2">of politics not doing to your city</p>
<p begin="01:40:38.210" end="01:40:41.670" style="s2">is not more virtuous</p>
<p begin="01:40:39.989" end="01:40:43.530" style="s2">I think that with the state precisely</p>
<p begin="01:40:41.670" end="01:40:45.780" style="s2">It is with what you lose direction, not the</p>
<p begin="01:40:43.530" end="01:40:47.909" style="s2">status leaks into the organization in</p>
<p begin="01:40:45.780" end="01:40:50.719" style="s2">the administration in doing the</p>
<p begin="01:40:47.909" end="01:40:53.119" style="s2">will of political power and loses</p>
<p begin="01:40:50.719" end="01:40:56.550" style="s2">horizon of their senses politicians</p>
<p begin="01:40:53.119" end="01:40:58.590" style="s2">under the state political form loses</p>
<p begin="01:40:56.550" end="01:40:59.670" style="s2">horizon of its raison d&#39;etre on the sidewalk</p>
<p begin="01:40:58.590" end="01:41:02.400" style="s2">its citizens do not open all</p>
<p begin="01:40:59.670" end="01:41:04.320" style="s2">links to your better citizens I believe</p>
<p begin="01:41:02.400" end="01:41:06.210" style="s2">that this is a bit the task that is</p>
<p begin="01:41:04.320" end="01:41:08.310" style="s2">for doing not returning to politics</p>
<p begin="01:41:06.210" end="01:41:10.480" style="s2">to its quality</p>
<p begin="01:41:08.310" end="01:41:13.440" style="s2">the assumption d</p>
<p begin="01:41:10.480" end="01:41:15.460" style="s2">of ruler of helmsman of steer</p>
<p begin="01:41:13.440" end="01:41:17.920" style="s2">really to the people and the</p>
<p begin="01:41:15.460" end="01:41:21.430" style="s2">communities that govern towards what is</p>
<p begin="01:41:17.920" end="01:41:24.140" style="s2">considered good and I think this is a</p>
<p begin="01:41:21.430" end="01:41:26.150" style="s2">little put the task that is to do</p>
<p begin="01:41:24.140" end="01:41:30.800" style="s2">How is that explanation that you do in the</p>
<p begin="01:41:26.150" end="01:41:33.290" style="s2">book of the origin of the greek word</p>
<p begin="01:41:30.800" end="01:41:35.780" style="s2">that comes that comes to mean helmsman</p>
<p begin="01:41:33.290" end="01:41:37.490" style="s2">Exactly, that&#39;s the word of</p>
<p begin="01:41:35.780" end="01:41:39.350" style="s2">helmsman no and I think that&#39;s a bit</p>
<p begin="01:41:37.490" end="01:41:41.810" style="s2">what we need people who are capable</p>
<p begin="01:41:39.350" end="01:41:44.240" style="s2">to take the helm again and steer</p>
<p begin="01:41:41.810" end="01:41:46.070" style="s2">to societies is new why and what</p>
<p begin="01:41:44.240" end="01:41:47.240" style="s2">it has been done historically and it is now</p>
<p begin="01:41:46.070" end="01:41:48.530" style="s2">when we have focused on</p>
<p begin="01:41:47.240" end="01:41:51.590" style="s2">managing things when we</p>
<p begin="01:41:48.530" end="01:41:53.930" style="s2">we have focused on organizing and creating</p>
<p begin="01:41:51.590" end="01:41:55.790" style="s2">in forcing and in forcing others to</p>
<p begin="01:41:53.930" end="01:41:59.120" style="s2">adapt to social reality when</p>
<p begin="01:41:55.790" end="01:42:01.610" style="s2">we have to be an example to throw again</p>
<p begin="01:41:59.120" end="01:42:03.500" style="s2">from the rest towards being better people and</p>
<p begin="01:42:01.610" end="01:42:06.260" style="s2">do well to order</p>
<p begin="01:42:03.500" end="01:42:07.670" style="s2">I think this is the essential right now</p>
<p begin="01:42:06.260" end="01:42:09.620" style="s2">and that the new political forms that</p>
<p begin="01:42:07.670" end="01:42:11.150" style="s2">pose have to go in this line and</p>
<p begin="01:42:09.620" end="01:42:12.560" style="s2">not in the line of doing what gives us the</p>
<p begin="01:42:11.150" end="01:42:13.900" style="s2">wins in quotes but on the lines or</p>
<p begin="01:42:12.560" end="01:42:16.260" style="s2">top</p>
<p begin="01:42:13.900" end="01:42:18.580" style="s2">this and vernet will be</p>
<p begin="01:42:16.260" end="01:42:20.770" style="s2">what are politicians called</p>
<p begin="01:42:18.580" end="01:42:22.440" style="s2">the leaders or the leaders</p>
<p begin="01:42:20.770" end="01:42:25.110" style="s2">political</p>
<p begin="01:42:22.440" end="01:42:27.780" style="s2">the one who leads the helm the one who navigated the</p>
<p begin="01:42:25.110" end="01:42:29.670" style="s2">ship right now the rulers who</p>
<p begin="01:42:27.780" end="01:42:32.190" style="s2">we have now leave the rudder and will</p>
<p begin="01:42:29.670" end="01:42:35.070" style="s2">dedicated to eating well to being down on</p>
<p begin="01:42:32.190" end="01:42:37.230" style="s2">their cabins to live life well but</p>
<p begin="01:42:35.070" end="01:42:38.610" style="s2">the exact rudder I think that is</p>
<p begin="01:42:37.230" end="01:42:40.680" style="s2">also a bit the implantation of the</p>
<p begin="01:42:38.610" end="01:42:44.730" style="s2">corruption in all areas</p>
<p begin="01:42:40.680" end="01:42:47.489" style="s2">perception of everything is corrupted and that</p>
<p begin="01:42:44.730" end="01:42:49.920" style="s2">It would also be another thing to analyze and have</p>
<p begin="01:42:47.489" end="01:42:51.180" style="s2">with time no other tablecloths by the way</p>
<p begin="01:42:49.920" end="01:42:54.390" style="s2">that I have not mentioned and that was mentioned</p>
<p begin="01:42:51.180" end="01:42:55.410" style="s2">in the book of the crisis of the state is</p>
<p begin="01:42:54.390" end="01:42:56.969" style="s2">the crisis of one of the institutions</p>
<p begin="01:42:55.410" end="01:42:58.800" style="s2">most important throughout the</p>
<p begin="01:42:56.969" end="01:43:01.489" style="s2">history of not making it the crisis of the</p>
<p begin="01:42:58.800" end="01:43:01.489" style="s2">inheritance institution</p>
<p begin="01:43:02.410" end="01:43:06.380" style="s2">historically inheritance as</p>
<p begin="01:43:04.640" end="01:43:08.540" style="s2">life expectancy was not that high</p>
<p begin="01:43:06.380" end="01:43:11.150" style="s2">a certain patrimony was always received in</p>
<p begin="01:43:08.540" end="01:43:12.380" style="s2">the youth that was what allowed you</p>
<p begin="01:43:11.150" end="01:43:14.280" style="s2">just start your projects</p>
<p begin="01:43:12.380" end="01:43:16.260" style="s2">vital</p>
<p begin="01:43:14.280" end="01:43:18.719" style="s2">in life expectancy in this century has</p>
<p begin="01:43:16.260" end="01:43:21.599" style="s2">been immense and has not been analyzed I think</p>
<p begin="01:43:18.719" end="01:43:23.730" style="s2">I the importance that he has</p>
<p begin="01:43:21.599" end="01:43:25.079" style="s2">lengthening of life expectancy in</p>
<p begin="01:43:23.730" end="01:43:27.210" style="s2">specifically in the institution of the</p>
<p begin="01:43:25.079" end="01:43:30.030" style="s2">inheritance because now when it is inherited</p>
<p begin="01:43:27.210" end="01:43:32.300" style="s2">were mainly our parents in</p>
<p begin="01:43:30.030" end="01:43:34.739" style="s2">the elderly, that is, when they are</p>
<p begin="01:43:32.300" end="01:43:37.170" style="s2">older of all are in the</p>
<p begin="01:43:34.739" end="01:43:39.090" style="s2">twilight of his life not at the beginning when</p>
<p begin="01:43:37.170" end="01:43:41.369" style="s2">You have to start your vital projects this</p>
<p begin="01:43:39.090" end="01:43:43.500" style="s2">leaves an entire generation in that</p>
<p begin="01:43:41.369" end="01:43:45.449" style="s2">initial capital that to start their</p>
<p begin="01:43:43.500" end="01:43:49.199" style="s2">vital projects and gives it all</p>
<p begin="01:43:45.449" end="01:43:51.179" style="s2">political economic power of ownership</p>
<p begin="01:43:49.199" end="01:43:52.469" style="s2">the third age well I believe this</p>
<p begin="01:43:51.179" end="01:43:56.000" style="s2">also that there are the crises of the state</p>
<p begin="01:43:52.469" end="01:43:58.530" style="s2">what is the crisis than to relate it as</p>
<p begin="01:43:56.000" end="01:44:00.989" style="s2">boomers vs zoom bears is gonna</p>
<p begin="01:43:58.530" end="01:44:02.429" style="s2">radicalize a lot in the sense that</p>
<p begin="01:44:00.989" end="01:44:05.730" style="s2">it will demand a lot at the tax level</p>
<p begin="01:44:02.429" end="01:44:07.199" style="s2">at the regulatory level at the level at many</p>
<p begin="01:44:05.730" end="01:44:09.270" style="s2">levels to younger generations</p>
<p begin="01:44:07.199" end="01:44:11.560" style="s2">to meet the obligations</p>
<p begin="01:44:09.270" end="01:44:14.620" style="s2">have constant</p>
<p begin="01:44:11.560" end="01:44:16.750" style="s2">established the major actions</p>
<p begin="01:44:14.620" end="01:44:18.610" style="s2">regarding the state and the state will</p>
<p begin="01:44:16.750" end="01:44:20.410" style="s2">have to play that role but it is very</p>
<p begin="01:44:18.610" end="01:44:22.270" style="s2">difficult because young people normally</p>
<p begin="01:44:20.410" end="01:44:24.520" style="s2">are usually the ones with</p>
<p begin="01:44:22.270" end="01:44:27.400" style="s2">both the productive part and the part</p>
<p begin="01:44:24.520" end="01:44:30.340" style="s2">military as the predominant part</p>
<p begin="01:44:27.400" end="01:44:32.380" style="s2">and from society then I don&#39;t know how</p>
<p begin="01:44:30.340" end="01:44:33.820" style="s2">goes home about this I have no idea gives him</p>
<p begin="01:44:32.380" end="01:44:35.230" style="s2">many turns but I don&#39;t know how it will go</p>
<p begin="01:44:33.820" end="01:44:38.260" style="s2">evolve but I do think it will</p>
<p begin="01:44:35.230" end="01:44:42.010" style="s2">end a generational crisis in</p>
<p begin="01:44:38.260" end="01:44:43.750" style="s2">difficult solution also because a lot of</p>
<p begin="01:44:42.010" end="01:44:46.060" style="s2">people like the state not to absorb</p>
<p begin="01:44:43.750" end="01:44:48.220" style="s2">power is the issue of pressures is</p>
<p begin="01:44:46.060" end="01:44:50.260" style="s2">very serious because when absorbing the being</p>
<p begin="01:44:48.220" end="01:44:52.060" style="s2">provider of pensions people do not</p>
<p begin="01:44:50.260" end="01:44:54.040" style="s2">has saved has not been farsighted</p>
<p begin="01:44:52.060" end="01:44:55.500" style="s2">regarding his future he has simply</p>
<p begin="01:44:54.040" end="01:44:58.000" style="s2">fulfilled his obligation</p>
<p begin="01:44:55.500" end="01:45:00.670" style="s2">temporary and waits for the state to comply</p>
<p begin="01:44:58.000" end="01:45:03.250" style="s2">with yours it seems to me that you are going to have very</p>
<p begin="01:45:00.670" end="01:45:06.760" style="s2">very very complicated nicholas gianni when</p>
<p begin="01:45:03.250" end="01:45:07.960" style="s2">want to demand that obligation</p>
<p begin="01:45:06.760" end="01:45:10.330" style="s2">young people are going to have a way of</p>
<p begin="01:45:07.960" end="01:45:12.160" style="s2">escape from it and given the incentives</p>
<p begin="01:45:10.330" end="01:45:13.960" style="s2">cheap and another thing that says a lot</p>
<p begin="01:45:12.160" end="01:45:15.460" style="s2">after whenever it is that we don&#39;t</p>
<p begin="01:45:13.960" end="01:45:16.750" style="s2">we do what we consider good but</p>
<p begin="01:45:15.460" end="01:45:18.970" style="s2">what we are encouraged to</p>
<p begin="01:45:16.750" end="01:45:22.590" style="s2">do I believe that the escape towards the</p>
<p begin="01:45:18.970" end="01:45:22.590" style="s2">alternatives is going to be brutal</p>
<p begin="01:45:22.650" end="01:45:27.600" style="s2">and this is going to bring us many</p>
<p begin="01:45:25.230" end="01:45:30.150" style="s2">social problems that are not</p>
<p begin="01:45:27.600" end="01:45:32.190" style="s2">thinking about how to solve this about</p>
<p begin="01:45:30.150" end="01:45:34.620" style="s2">where I want to put the spotlights does not solve</p>
<p begin="01:45:32.190" end="01:45:36.719" style="s2">these problems that come to us that I</p>
<p begin="01:45:34.620" end="01:45:37.920" style="s2">I think they are not thinking that the</p>
<p begin="01:45:36.719" end="01:45:40.050" style="s2">importance of linking is not only as</p>
<p begin="01:45:37.920" end="01:45:42.239" style="s2">economic asset that is immense and is</p>
<p begin="01:45:40.050" end="01:45:43.469" style="s2">incredible and it&#39;s amazing that it also goes</p>
<p begin="01:45:42.239" end="01:45:45.989" style="s2">have political and social consequences</p>
<p begin="01:45:43.469" end="01:45:47.219" style="s2">that they are evaluating us because I believe</p>
<p begin="01:45:45.989" end="01:45:49.310" style="s2">who are evaluating us taking into account</p>
<p begin="01:45:47.219" end="01:45:51.920" style="s2">bill</p>
<p begin="01:45:49.310" end="01:45:53.720" style="s2">I closed my eyes for a moment and almost</p>
<p begin="01:45:51.920" end="01:45:57.710" style="s2">who watched the typical cheap movie of</p>
<p begin="01:45:53.720" end="01:46:02.030" style="s2">boomers hollywood vs his merz</p>
<p begin="01:45:57.710" end="01:46:04.400" style="s2">in generational civil war that although</p>
<p begin="01:46:02.030" end="01:46:08.630" style="s2">surely it will not be so funny</p>
<p begin="01:46:04.400" end="01:46:12.440" style="s2">we will see in some kind of decision that</p>
<p begin="01:46:08.630" end="01:46:16.120" style="s2">boomers won&#39;t understand but</p>
<p begin="01:46:12.440" end="01:46:18.469" style="s2">it is also not bad to put</p>
<p begin="01:46:16.120" end="01:46:20.510" style="s2">make this problem visible than what</p>
<p begin="01:46:18.469" end="01:46:23.900" style="s2">you speak in the book not that all this</p>
<p begin="01:46:20.510" end="01:46:26.860" style="s2">generation millennials tummers we have</p>
<p begin="01:46:23.900" end="01:46:28.889" style="s2">seen only we have eaten crisis</p>
<p begin="01:46:26.860" end="01:46:32.110" style="s2">it has been difficult for us</p>
<p begin="01:46:28.889" end="01:46:34.480" style="s2">greatly the quality of life they have</p>
<p begin="01:46:32.110" end="01:46:36.400" style="s2">had our parents famous memes</p>
<p begin="01:46:34.480" end="01:46:38.480" style="s2">what we see on youtube on youtube in</p>
<p begin="01:46:36.400" end="01:46:40.820" style="s2">twitter</p>
<p begin="01:46:38.480" end="01:46:42.739" style="s2">of our young parents saying</p>
<p begin="01:46:40.820" end="01:46:46.010" style="s2">oh look well we can buy one</p>
<p begin="01:46:42.739" end="01:46:48.050" style="s2">second a third residence and the</p>
<p begin="01:46:46.010" end="01:46:49.430" style="s2">millennials the only thing we think is if</p>
<p begin="01:46:48.050" end="01:46:51.410" style="s2">we will be able to pay the rent</p>
<p begin="01:46:49.430" end="01:46:53.690" style="s2">our principal residence the month that</p>
<p begin="01:46:51.410" end="01:46:55.730" style="s2">comes and this is getting worse every time no</p>
<p begin="01:46:53.690" end="01:46:57.560" style="s2">because the boomers have become</p>
<p begin="01:46:55.730" end="01:47:00.620" style="s2">a species of parasites of the new</p>
<p begin="01:46:57.560" end="01:47:05.110" style="s2">generations that what they try is</p>
<p begin="01:47:00.620" end="01:47:07.400" style="s2">keep sucking and keep living</p>
<p begin="01:47:05.110" end="01:47:09.560" style="s2">of the work of those who are to come</p>
<p begin="01:47:07.400" end="01:47:10.940" style="s2">with ever higher taxes</p>
<p begin="01:47:09.560" end="01:47:12.260" style="s2">they do indirectly I do not say that</p>
<p begin="01:47:10.940" end="01:47:15.340" style="s2">they are the ones who legislate for it</p>
<p begin="01:47:12.260" end="01:47:17.840" style="s2">but is that the state at the end with this</p>
<p begin="01:47:15.340" end="01:47:20.180" style="s2">alignment of incentives but so that</p>
<p begin="01:47:17.840" end="01:47:22.550" style="s2">vote for me more because I have to give</p>
<p begin="01:47:20.180" end="01:47:26.150" style="s2">benefits to the largest group right now</p>
<p begin="01:47:22.550" end="01:47:27.980" style="s2">they are still the boomers and so</p>
<p begin="01:47:26.150" end="01:47:31.970" style="s2">and they are also the ones who direct the ones who</p>
<p begin="01:47:27.980" end="01:47:35.390" style="s2">they cut the cod they are boomers and so</p>
<p begin="01:47:31.970" end="01:47:38.000" style="s2">it gets out of hand to have their</p>
<p begin="01:47:35.390" end="01:47:39.650" style="s2">privileges and that is to continue</p>
<p begin="01:47:38.000" end="01:47:40.670" style="s2">raising taxes to those who come by</p>
<p begin="01:47:39.650" end="01:47:42.410" style="s2">down</p>
<p begin="01:47:40.670" end="01:47:45.110" style="s2">and that as you said they have not received</p>
<p begin="01:47:42.410" end="01:47:46.870" style="s2">no inheritance and start at a</p>
<p begin="01:47:45.110" end="01:47:49.929" style="s2">working market</p>
<p begin="01:47:46.870" end="01:47:52.090" style="s2">desert destroyed with some conditions</p>
<p begin="01:47:49.929" end="01:47:55.000" style="s2">miserable</p>
<p begin="01:47:52.090" end="01:47:57.790" style="s2">and this goes at some point or just</p>
<p begin="01:47:55.000" end="01:47:59.560" style="s2">They make a pattern and suddenly here we go</p>
<p begin="01:47:57.790" end="01:48:02.260" style="s2">Well, like the road that leads to Spain from</p>
<p begin="01:47:59.560" end="01:48:04.180" style="s2">spectacular unemployment that nobody</p>
<p begin="01:48:02.260" end="01:48:05.650" style="s2">produce and people say good but yes</p>
<p begin="01:48:04.180" end="01:48:06.790" style="s2">is that if nobody produces like noses</p>
<p begin="01:48:05.650" end="01:48:09.250" style="s2">people live because people continue</p>
<p begin="01:48:06.790" end="01:48:11.140" style="s2">living because it is that the soft out and not</p>
<p begin="01:48:09.250" end="01:48:13.060" style="s2">You didn&#39;t even realize they&#39;re gone and</p>
<p begin="01:48:11.140" end="01:48:15.130" style="s2">they have left you without income they have not</p>
<p begin="01:48:13.060" end="01:48:16.240" style="s2">closed the tap they have not closed the</p>
<p begin="01:48:15.130" end="01:48:19.340" style="s2">faucet because you would have noticed</p>
<p begin="01:48:16.240" end="01:48:20.869" style="s2">water just stopped coming out</p>
<p begin="01:48:19.340" end="01:48:23.869" style="s2">and that is a problem that we can</p>
<p begin="01:48:20.869" end="01:48:25.280" style="s2">find and if so this is one of the</p>
<p begin="01:48:23.869" end="01:48:26.780" style="s2">more important things than</p>
<p begin="01:48:25.280" end="01:48:29.210" style="s2">we mentioned before is that seen in</p>
<p begin="01:48:26.780" end="01:48:31.369" style="s2">change incentives to change and</p>
<p begin="01:48:29.210" end="01:48:34.130" style="s2">you have the chance to know</p>
<p begin="01:48:31.369" end="01:48:36.050" style="s2">exactly to be able to go outside and</p>
<p begin="01:48:34.130" end="01:48:38.090" style="s2">assess how hard it is for you to say</p>
<p begin="01:48:36.050" end="01:48:40.310" style="s2">belong to that political community if</p>
<p begin="01:48:38.090" end="01:48:43.639" style="s2">I work for an undefeated person who</p>
<p begin="01:48:40.310" end="01:48:45.409" style="s2">It&#39;s in the US, they pay me a record in the state</p>
<p begin="01:48:43.639" end="01:48:46.940" style="s2">he doesn&#39;t know I lost my salary</p>
<p begin="01:48:45.409" end="01:48:48.450" style="s2">upright and they do not take anything away from me</p>
<p begin="01:48:46.940" end="01:48:50.490" style="s2">life taxes</p>
<p begin="01:48:48.450" end="01:48:53.580" style="s2">I can&#39;t change later in the park</p>
<p begin="01:48:50.490" end="01:48:54.930" style="s2">with a man I don&#39;t know and sell it</p>
<p begin="01:48:53.580" end="01:48:56.900" style="s2">without criteria to obtain money in exchange</p>
<p begin="01:48:54.930" end="01:48:59.630" style="s2">fiat louis with it</p>
<p begin="01:48:56.900" end="01:49:02.370" style="s2">exactly when you find out and want</p>
<p begin="01:48:59.630" end="01:49:03.840" style="s2">that sense in which you are going to live</p>
<p begin="01:49:02.370" end="01:49:06.060" style="s2">infinitely better doing this type</p>
<p begin="01:49:03.840" end="01:49:07.800" style="s2">of things the incentives have changed</p>
<p begin="01:49:06.060" end="01:49:10.560" style="s2">changed and they are going to change a lot more</p>
<p begin="01:49:07.800" end="01:49:12.420" style="s2">when people realize this and</p>
<p begin="01:49:10.560" end="01:49:14.190" style="s2">as we do not do what what</p>
<p begin="01:49:12.420" end="01:49:16.080" style="s2">we consider good but that to which</p>
<p begin="01:49:14.190" end="01:49:18.780" style="s2">we are encouraged to do</p>
<p begin="01:49:16.080" end="01:49:21.840" style="s2">the more taxes go up the more</p>
<p begin="01:49:18.780" end="01:49:23.240" style="s2">inflation the more serious the</p>
<p begin="01:49:21.840" end="01:49:25.710" style="s2">be and</p>
<p begin="01:49:23.240" end="01:49:26.980" style="s2">continue in a political community a</p>
<p begin="01:49:25.710" end="01:49:29.080" style="s2">condition</p>
<p begin="01:49:26.980" end="01:49:30.730" style="s2">and we are going to leave more and more because</p>
<p begin="01:49:29.080" end="01:49:34.110" style="s2">incentives have changed that&#39;s one</p>
<p begin="01:49:30.730" end="01:49:34.110" style="s2">of the big design changes</p>
<p begin="01:49:34.969" end="01:49:43.309" style="s2">the exploding head emoticon is</p>
<p begin="01:49:38.479" end="01:49:46.460" style="s2">that that but in repeat loop is like</p>
<p begin="01:49:43.309" end="01:49:48.920" style="s2">I am and I still lack the phase that as I have</p>
<p begin="01:49:46.460" end="01:49:50.869" style="s2">talked to you before the pot now yes</p>
<p begin="01:49:48.920" end="01:49:52.190" style="s2">I was saying before, he closed his eyes and I imagine</p>
<p begin="01:49:50.869" end="01:49:54.150" style="s2">that movie not now so i&#39;m going to</p>
<p begin="01:49:52.190" end="01:49:56.960" style="s2">close the eyes</p>
<p begin="01:49:54.150" end="01:49:56.960" style="s2">and I&#39;m going to ask you</p>
<p begin="01:49:57.820" end="01:50:01.060" style="s2">I accept you I buy the idea no we are not going</p>
<p begin="01:49:59.530" end="01:50:04.219" style="s2">towards a sovereign individual we do not</p>
<p begin="01:50:01.060" end="01:50:06.559" style="s2">interested maybe we will need</p>
<p begin="01:50:04.219" end="01:50:10.639" style="s2">what you said that security that we</p>
<p begin="01:50:06.559" end="01:50:14.360" style="s2">The physical will give it, not the patrimonial</p>
<p begin="01:50:10.639" end="01:50:16.399" style="s2">how is it how you visualize what you think and</p>
<p begin="01:50:14.360" end="01:50:18.169" style="s2">you who stay with those gaps what</p>
<p begin="01:50:16.399" end="01:50:19.639" style="s2">you expect something like 20 to finish them</p>
<p begin="01:50:18.169" end="01:50:20.800" style="s2">arriving, that is, I know that you have</p>
<p begin="01:50:19.639" end="01:50:24.199" style="s2">imagined</p>
<p begin="01:50:20.800" end="01:50:25.940" style="s2">that comes after the state to where</p>
<p begin="01:50:24.199" end="01:50:28.100" style="s2">bitcoin leads us</p>
<p begin="01:50:25.940" end="01:50:30.110" style="s2">I think I do not think about this</p>
<p begin="01:50:28.100" end="01:50:32.150" style="s2">I&#39;m trying to write the second book</p>
<p begin="01:50:30.110" end="01:50:33.560" style="s2">on these types of issues</p>
<p begin="01:50:32.150" end="01:50:34.750" style="s2">new published the first and you are with</p>
<p begin="01:50:33.560" end="01:50:37.040" style="s2">the second</p>
<p begin="01:50:34.750" end="01:50:38.900" style="s2">but to spin it I do not stop</p>
<p begin="01:50:37.040" end="01:50:39.640" style="s2">think about these types of questions and</p>
<p begin="01:50:38.900" end="01:50:42.590" style="s2">it is</p>
<p begin="01:50:39.640" end="01:50:44.150" style="s2">extraordinarily complicated not because</p>
<p begin="01:50:42.590" end="01:50:45.590" style="s2">effectively as the absorbed state</p>
<p begin="01:50:44.150" end="01:50:47.449" style="s2">more and more power is absorbed all</p>
<p begin="01:50:45.590" end="01:50:49.400" style="s2">absorbed in our imagination is very</p>
<p begin="01:50:47.449" end="01:50:51.710" style="s2">difficult to propose new political forms</p>
<p begin="01:50:49.400" end="01:50:53.600" style="s2">however we do find that way</p>
<p begin="01:50:51.710" end="01:50:55.130" style="s2">Say a line to keep pulling</p>
<p begin="01:50:53.600" end="01:50:57.290" style="s2">Just like I found that moment</p>
<p begin="01:50:55.130" end="01:50:59.480" style="s2">bitcoin to see and organize all this</p>
<p begin="01:50:57.290" end="01:51:01.489" style="s2">I previously had the structure of my</p>
<p begin="01:50:59.480" end="01:51:02.870" style="s2">head that it was a problem that the state</p>
<p begin="01:51:01.489" end="01:51:05.210" style="s2">I was in crisis but I didn&#39;t know where</p>
<p begin="01:51:02.870" end="01:51:06.890" style="s2">was going to leave and with the public debt with</p>
<p begin="01:51:05.210" end="01:51:09.320" style="s2">initially seen has been seen or at least</p>
<p begin="01:51:06.890" end="01:51:11.150" style="s2">At least I have seen it very clearly with this</p>
<p begin="01:51:09.320" end="01:51:13.659" style="s2">The same thing has happened to me a bit</p>
<p begin="01:51:11.150" end="01:51:15.860" style="s2">the line so to speak is</p>
<p begin="01:51:13.659" end="01:51:17.320" style="s2">that the way in which we have</p>
<p begin="01:51:15.860" end="01:51:19.429" style="s2">access to the information</p>
<p begin="01:51:17.320" end="01:51:20.890" style="s2">largely conditions our</p>
<p begin="01:51:19.429" end="01:51:23.600" style="s2">political form not</p>
<p begin="01:51:20.890" end="01:51:25.280" style="s2">then to the extent that</p>
<p begin="01:51:23.600" end="01:51:27.820" style="s2">Currently, for example, we have a</p>
<p begin="01:51:25.280" end="01:51:30.500" style="s2">television system because if they give us</p>
<p begin="01:51:27.820" end="01:51:33.050" style="s2">five television channels</p>
<p begin="01:51:30.500" end="01:51:35.150" style="s2">in catalonia or andalusia is the</p>
<p begin="01:51:33.050" end="01:51:38.150" style="s2">specific regional and based on that</p>
<p begin="01:51:35.150" end="01:51:40.400" style="s2">we also have that for five games or</p>
<p begin="01:51:38.150" end="01:51:42.650" style="s2">the regional party in Galicia or in</p>
<p begin="01:51:40.400" end="01:51:44.210" style="s2">Catalonia where appropriate</p>
<p begin="01:51:42.650" end="01:51:47.179" style="s2">largely correspond to these</p>
<p begin="01:51:44.210" end="01:51:49.460" style="s2">channels and both are given channels</p>
<p begin="01:51:47.179" end="01:51:50.870" style="s2">no and we just chose those</p>
<p begin="01:51:49.460" end="01:51:52.040" style="s2">channels or at least the generation of</p>
<p begin="01:51:50.870" end="01:51:55.250" style="s2">our parents and our grandparents</p>
<p begin="01:51:52.040" end="01:51:56.870" style="s2">they choose those channels that&#39;s how they vote, that&#39;s not how it is</p>
<p begin="01:51:55.250" end="01:51:58.969" style="s2">structure the vote and structure the</p>
<p begin="01:51:56.870" end="01:52:00.860" style="s2">form of government democracy in this</p>
<p begin="01:51:58.969" end="01:52:02.590" style="s2">case in party thanks to a se</p>
<p begin="01:52:00.860" end="01:52:05.560" style="s2">consider</p>
<p begin="01:52:02.590" end="01:52:08.470" style="s2">and I think of course that with the internet with</p>
<p begin="01:52:05.560" end="01:52:09.580" style="s2">youtube with tweets has changed the way</p>
<p begin="01:52:08.470" end="01:52:11.770" style="s2">that we have to access the information</p>
<p begin="01:52:09.580" end="01:52:14.230" style="s2">It is no longer the state of our media</p>
<p begin="01:52:11.770" end="01:52:15.490" style="s2">institutional communication which are</p>
<p begin="01:52:14.230" end="01:52:17.080" style="s2">major information providers</p>
<p begin="01:52:15.490" end="01:52:19.580" style="s2">for a report for a generation</p>
<p begin="01:52:17.080" end="01:52:22.130" style="s2">complete or two complete generations</p>
<p begin="01:52:19.580" end="01:52:24.070" style="s2">and that this is also going to comment this</p>
<p begin="01:52:22.130" end="01:52:25.680" style="s2">political change</p>
<p begin="01:52:24.070" end="01:52:28.710" style="s2">we have</p>
<p begin="01:52:25.680" end="01:52:31.620" style="s2">we elect charismatic leaders</p>
<p begin="01:52:28.710" end="01:52:33.390" style="s2">charismatic authorities if you will</p>
<p begin="01:52:31.620" end="01:52:36.550" style="s2">we directly choose them</p>
<p begin="01:52:33.390" end="01:52:39.520" style="s2">individually in quotes and this is</p>
<p begin="01:52:36.550" end="01:52:41.290" style="s2">the subject I believe that the political forms</p>
<p begin="01:52:39.520" end="01:52:43.960" style="s2">new forms of Basque government</p>
<p begin="01:52:41.290" end="01:52:45.220" style="s2">seem for this authoritarianism is</p>
<p begin="01:52:43.960" end="01:52:47.620" style="s2">charismatic if this does not have</p>
<p begin="01:52:45.220" end="01:52:49.120" style="s2">necessarily the connotation of</p>
<p begin="01:52:47.620" end="01:52:51.970" style="s2">dictatorship</p>
<p begin="01:52:49.120" end="01:52:55.230" style="s2">mainly not but are the</p>
<p begin="01:52:51.970" end="01:52:58.180" style="s2">new political leaders from the current ones</p>
<p begin="01:52:55.230" end="01:52:59.950" style="s2">influencers youtubers and others and has</p>
<p begin="01:52:58.180" end="01:53:02.140" style="s2">certain reason about phonology in the</p>
<p begin="01:52:59.950" end="01:53:04.960" style="s2">sense of how fair they have been</p>
<p begin="01:53:02.140" end="01:53:06.430" style="s2">very generational impacts not the</p>
<p begin="01:53:04.960" end="01:53:09.670" style="s2">principals are now in their early thirties</p>
<p begin="01:53:06.430" end="01:53:11.680" style="s2">years they begin to have children and their public</p>
<p begin="01:53:09.670" end="01:53:13.630" style="s2">they are only about five or ten years lower</p>
<p begin="01:53:11.680" end="01:53:15.700" style="s2">to them not at the time they give</p>
<p begin="01:53:13.630" end="01:53:17.980" style="s2">40 years already have your family your life</p>
<p begin="01:53:15.700" end="01:53:19.540" style="s2">constituted much more complicated than</p>
<p begin="01:53:17.980" end="01:53:20.710" style="s2">continue to dedicate exclusively to the</p>
<p begin="01:53:19.540" end="01:53:21.940" style="s2">videogames, but they are going to</p>
<p begin="01:53:20.710" end="01:53:24.400" style="s2">appear other types of interests</p>
<p begin="01:53:21.940" end="01:53:26.720" style="s2">economic interests political interests</p>
<p begin="01:53:24.400" end="01:53:29.570" style="s2">and they have not seemed</p>
<p begin="01:53:26.720" end="01:53:30.980" style="s2">and they will see how the generations</p>
<p begin="01:53:29.570" end="01:53:32.030" style="s2">younger who are as references</p>
<p begin="01:53:30.980" end="01:53:33.440" style="s2">for video games have also grown</p>
<p begin="01:53:32.030" end="01:53:35.510" style="s2">they also start to have these</p>
<p begin="01:53:33.440" end="01:53:36.800" style="s2">existential concerns and they are going to</p>
<p begin="01:53:35.510" end="01:53:38.100" style="s2">see them as referents as</p>
<p begin="01:53:36.800" end="01:53:39.870" style="s2">authorities</p>
<p begin="01:53:38.100" end="01:53:41.940" style="s2">and I think they are going to be the ones who can</p>
<p begin="01:53:39.870" end="01:53:44.070" style="s2">withdraw meaning towards the new</p>
<p begin="01:53:41.940" end="01:53:46.740" style="s2">ways not because they also have that</p>
<p begin="01:53:44.070" end="01:53:49.110" style="s2">character pull others out</p>
<p begin="01:53:46.740" end="01:53:50.929" style="s2">ahead of looking for new things</p>
<p begin="01:53:49.110" end="01:53:54.229" style="s2">news</p>
<p begin="01:53:50.929" end="01:53:56.269" style="s2">and they have that pull no clearer here</p>
<p begin="01:53:54.229" end="01:53:59.709" style="s2">there is how new ones will be constituted</p>
<p begin="01:53:56.269" end="01:53:59.709" style="s2">political forms I believe that the most</p>
<p begin="01:54:00.410" end="01:54:06.400" style="s2">insurable in quotes is that they will be</p>
<p begin="01:54:02.440" end="01:54:09.370" style="s2">small small towns</p>
<p begin="01:54:06.400" end="01:54:10.960" style="s2">territories obtained or agreements</p>
<p begin="01:54:09.370" end="01:54:13.690" style="s2">with rulers obtained from</p>
<p begin="01:54:10.960" end="01:54:15.429" style="s2">attract citizens or sites for that reason</p>
<p begin="01:54:13.690" end="01:54:17.409" style="s2">term that more or less has been giving</p>
<p begin="01:54:15.429" end="01:54:20.469" style="s2">turns is the micropolix that I think</p>
<p begin="01:54:17.409" end="01:54:22.090" style="s2">you can fit this rocket and thinking</p>
<p begin="01:54:20.469" end="01:54:25.570" style="s2">is perez expressly in situations</p>
<p begin="01:54:22.090" end="01:54:27.400" style="s2">like the one in andorra where we have a</p>
<p begin="01:54:25.570" end="01:54:28.659" style="s2">series of youtubers who are authorities</p>
<p begin="01:54:27.400" end="01:54:30.190" style="s2">charismatic for their entire generation</p>
<p begin="01:54:28.659" end="01:54:33.130" style="s2">future past for all</p>
<p begin="01:54:30.190" end="01:54:35.530" style="s2">generations that are to come that are</p>
<p begin="01:54:33.130" end="01:54:36.850" style="s2">referents in the strict sense for</p>
<p begin="01:54:35.530" end="01:54:38.590" style="s2">they</p>
<p begin="01:54:36.850" end="01:54:40.960" style="s2">and that when they have these interests</p>
<p begin="01:54:38.590" end="01:54:43.480" style="s2">politicians are going to be able to actually do it</p>
<p begin="01:54:40.960" end="01:54:45.550" style="s2">well and although the territories now</p>
<p begin="01:54:43.480" end="01:54:48.280" style="s2">belong precisely to the states</p>
<p begin="01:54:45.550" end="01:54:50.110" style="s2">In a situation of economic crisis the</p>
<p begin="01:54:48.280" end="01:54:52.480" style="s2">territory is also alienable is</p>
<p begin="01:54:50.110" end="01:54:54.720" style="s2">salable let&#39;s think about the crisis of 2012</p>
<p begin="01:54:52.480" end="01:54:57.640" style="s2">the possibility was raised that greece</p>
<p begin="01:54:54.720" end="01:54:59.890" style="s2">in as much in a year of that greece</p>
<p begin="01:54:57.640" end="01:55:01.930" style="s2">sell islands to be able to pay and make</p>
<p begin="01:54:59.890" end="01:55:03.550" style="s2">facing your debt</p>
<p begin="01:55:01.930" end="01:55:05.430" style="s2">and I think that&#39;s where they&#39;re going to go a bit</p>
<p begin="01:55:03.550" end="01:55:08.820" style="s2">the shots don&#39;t</p>
<p begin="01:55:05.430" end="01:55:11.030" style="s2">for these micro cities or appointment of the psoe</p>
<p begin="01:55:08.820" end="01:55:13.760" style="s2">as considered</p>
<p begin="01:55:11.030" end="01:55:16.250" style="s2">of people surely the first ones go</p>
<p begin="01:55:13.760" end="01:55:17.510" style="s2">to be wealthy that cannot be denied</p>
<p begin="01:55:16.250" end="01:55:19.820" style="s2">because it is a criterion of discrimination</p>
<p begin="01:55:17.510" end="01:55:22.420" style="s2">no determination that you have access to</p>
<p begin="01:55:19.820" end="01:55:22.420" style="s2">scarce goods</p>
<p begin="01:55:22.650" end="01:55:27.780" style="s2">and where those kinds of societies go to</p>
<p begin="01:55:25.409" end="01:55:30.469" style="s2">be organically managed by</p>
<p begin="01:55:27.780" end="01:55:32.210" style="s2">authorities</p>
<p begin="01:55:30.469" end="01:55:35.329" style="s2">that have been built in a new</p>
<p begin="01:55:32.210" end="01:55:38.300" style="s2">space in space on youtube</p>
<p begin="01:55:35.329" end="01:55:40.550" style="s2">in issues the issue of security that is</p>
<p begin="01:55:38.300" end="01:55:41.780" style="s2">the central theme I believe that in the</p>
<p begin="01:55:40.550" end="01:55:43.119" style="s2">states are losing a lot</p>
<p begin="01:55:41.780" end="01:55:46.089" style="s2">skills</p>
<p begin="01:55:43.119" end="01:55:47.989" style="s2">versus mega corporations</p>
<p begin="01:55:46.089" end="01:55:50.959" style="s2">but I think not right away</p>
<p begin="01:55:47.989" end="01:55:52.729" style="s2">it will take a long time to see how the state</p>
<p begin="01:55:50.959" end="01:55:55.249" style="s2">It is also not efficient to provide the</p>
<p begin="01:55:52.729" end="01:55:56.449" style="s2">security and defense services</p>
<p begin="01:55:55.249" end="01:55:59.389" style="s2">will not be able to guarantee</p>
<p begin="01:55:56.449" end="01:56:00.889" style="s2">even the safety of your city and</p>
<p begin="01:55:59.389" end="01:56:02.179" style="s2">how is a business opportunity</p>
<p begin="01:56:00.889" end="01:56:05.479" style="s2">companies will appear soon</p>
<p begin="01:56:02.179" end="01:56:07.219" style="s2">especially mediate corporations that</p>
<p begin="01:56:05.479" end="01:56:09.739" style="s2">provide these services not these are and</p>
<p begin="01:56:07.219" end="01:56:11.059" style="s2">what occurs to me that so the mood to</p>
<p begin="01:56:09.739" end="01:56:12.530" style="s2">everyone to start thinking about</p>
<p begin="01:56:11.059" end="01:56:14.329" style="s2">these things and if you want to give ideas and a</p>
<p begin="01:56:12.530" end="01:56:16.579" style="s2">sing and ximo in fact is expressly</p>
<p begin="01:56:14.329" end="01:56:18.739" style="s2">That&#39;s my concern, not the one that the</p>
<p begin="01:56:16.579" end="01:56:20.030" style="s2">rest of the people join this one to</p>
<p begin="01:56:18.739" end="01:56:22.459" style="s2">think about these new political forms</p>
<p begin="01:56:20.030" end="01:56:23.899" style="s2">in these new questions that are</p>
<p begin="01:56:22.459" end="01:56:25.039" style="s2">proposing and that we this that I believe</p>
<p begin="01:56:23.899" end="01:56:27.260" style="s2">you are asking us are</p>
<p begin="01:56:25.039" end="01:56:29.269" style="s2">thinking that they require some urgency</p>
<p begin="01:56:27.260" end="01:56:32.119" style="s2">because it takes time to do well</p>
<p begin="01:56:29.269" end="01:56:33.709" style="s2">develop all this and the crisis I think</p>
<p begin="01:56:32.119" end="01:56:36.619" style="s2">I don&#39;t try so much either, I think the</p>
<p begin="01:56:33.709" end="01:56:38.149" style="s2">we&#39;ll see the next 15 years isn&#39;t it</p>
<p begin="01:56:36.619" end="01:56:39.829" style="s2">So I think it will be these</p>
<p begin="01:56:38.149" end="01:56:42.679" style="s2">corporations that provide these</p>
<p begin="01:56:39.829" end="01:56:45.130" style="s2">security services to these appointments</p>
<p begin="01:56:42.679" end="01:56:47.200" style="s2">d</p>
<p begin="01:56:45.130" end="01:56:49.430" style="s2">the robots with whatever with what</p>
<p begin="01:56:47.200" end="01:56:51.620" style="s2">consider</p>
<p begin="01:56:49.430" end="01:56:57.909" style="s2">and this is a bit how it will be rearranged</p>
<p begin="01:56:51.620" end="01:57:01.059" style="s2">little by little the shape of this whole century</p>
<p begin="01:56:57.909" end="01:57:02.499" style="s2">or those of the same as Greece</p>
<p begin="01:57:01.059" end="01:57:04.869" style="s2">He proposed that he could sell islands</p>
<p begin="01:57:02.499" end="01:57:07.860" style="s2">I understand that ceding sovereignty over</p>
<p begin="01:57:04.869" end="01:57:10.539" style="s2">some islands do not simply sell the</p>
<p begin="01:57:07.860" end="01:57:12.959" style="s2">square meter like yes i could</p>
<p begin="01:57:10.539" end="01:57:12.959" style="s2">happen</p>
<p begin="01:57:14.650" end="01:57:22.510" style="s2">Of course, how do you sell in a post society?</p>
<p begin="01:57:18.730" end="01:57:26.190" style="s2">state that a state actually accepts</p>
<p begin="01:57:22.510" end="01:57:28.900" style="s2">its loss of sovereignty and already has a</p>
<p begin="01:57:26.190" end="01:57:33.050" style="s2">a flight forward an attempt</p>
<p begin="01:57:28.900" end="01:57:35.900" style="s2">save as much furniture as possible</p>
<p begin="01:57:33.050" end="01:57:39.199" style="s2">the only reason for sale will be for something</p>
<p begin="01:57:35.900" end="01:57:41.809" style="s2">that gives value not and that something that</p>
<p begin="01:57:39.199" end="01:57:44.000" style="s2">we will be talking about bitcoin exactly me</p>
<p begin="01:57:41.809" end="01:57:45.860" style="s2">I think that&#39;s the main issue, not me.</p>
<p begin="01:57:44.000" end="01:57:48.170" style="s2">I think it makes the victory of</p>
<p begin="01:57:45.860" end="01:57:49.940" style="s2">Said it will be when when the states</p>
<p begin="01:57:48.170" end="01:57:53.150" style="s2">want to collect taxes issue because</p>
<p begin="01:57:49.940" end="01:57:55.130" style="s2">they need it for their solvency</p>
<p begin="01:57:53.150" end="01:57:57.469" style="s2">So this is going to be mostly what</p>
<p begin="01:57:55.130" end="01:57:59.150" style="s2">What do I think is going to happen?</p>
<p begin="01:57:57.469" end="01:58:01.099" style="s2">new companies to be formed</p>
<p begin="01:57:59.150" end="01:58:02.960" style="s2">visto friday societies that are</p>
<p begin="01:58:01.099" end="01:58:05.000" style="s2">able to offer to buy a</p>
<p begin="01:58:02.960" end="01:58:08.590" style="s2">territory something that states</p>
<p begin="01:58:05.000" end="01:58:08.590" style="s2">send classes</p>
<p begin="01:58:08.760" end="01:58:13.890" style="s2">and this is the issue that I think for</p>
<p begin="01:58:10.650" end="01:58:15.990" style="s2">that&#39;s going to go a bit</p>
<p begin="01:58:13.890" end="01:58:18.240" style="s2">El Salvador is a new paypal with</p>
<p begin="01:58:15.990" end="01:58:20.280" style="s2">what I was saying before, that is, it&#39;s like</p>
<p begin="01:58:18.240" end="01:58:23.790" style="s2">what is trying to shoehorn</p>
<p begin="01:58:20.280" end="01:58:24.530" style="s2">bitcoin but in the same state form</p>
<p begin="01:58:23.790" end="01:58:27.150" style="s2">that</p>
<p begin="01:58:24.530" end="01:58:30.330" style="s2">we have just shown in this pot that</p>
<p begin="01:58:27.150" end="01:58:31.740" style="s2">is in its last days to me that&#39;s what</p>
<p begin="01:58:30.330" end="01:58:34.080" style="s2">that radically surprised me not me</p>
<p begin="01:58:31.740" end="01:58:37.590" style="s2">I finished writing the book on the 23rd of</p>
<p begin="01:58:34.080" end="01:58:39.780" style="s2">May and shortly after I did not think that</p>
<p begin="01:58:37.590" end="01:58:41.370" style="s2">although it appears, that is, I said I was not going to</p>
<p begin="01:58:39.780" end="01:58:42.750" style="s2">being adopted by a state is in all</p>
<p begin="01:58:41.370" end="01:58:45.390" style="s2">the years of three or four years a</p>
<p begin="01:58:42.750" end="01:58:47.610" style="s2">potency and after a few weeks it is</p>
<p begin="01:58:45.390" end="01:58:49.500" style="s2">the museum 9 really seemed to me</p>
<p begin="01:58:47.610" end="01:58:51.360" style="s2">surprising not</p>
<p begin="01:58:49.500" end="01:58:54.330" style="s2">of course he has a bit of the mentality</p>
<p begin="01:58:51.360" end="01:58:57.570" style="s2">to make a singapore there and then</p>
<p begin="01:58:54.330" end="01:58:59.800" style="s2">fits quite well with this idea</p>
<p begin="01:58:57.570" end="01:59:02.739" style="s2">in new political ways</p>
<p begin="01:58:59.800" end="01:59:04.539" style="s2">with charismatic authorities</p>
<p begin="01:59:02.739" end="01:59:05.920" style="s2">in addition and has given a computer to each</p>
<p begin="01:59:04.539" end="01:59:07.749" style="s2">one of the citizens and others who are</p>
<p begin="01:59:05.920" end="01:59:09.730" style="s2">to see how it turns out but it is true that yes</p>
<p begin="01:59:07.749" end="01:59:11.829" style="s2">that has identified all its</p>
<p begin="01:59:09.730" end="01:59:13.869" style="s2">citizens through goat yes that</p>
<p begin="01:59:11.829" end="01:59:15.579" style="s2">has some control does not use a</p>
<p begin="01:59:13.869" end="01:59:16.869" style="s2">implement all the qualities of</p>
<p begin="01:59:15.579" end="01:59:18.579" style="s2">visual but still remains</p>
<p begin="01:59:16.869" end="01:59:20.349" style="s2">surprising because it has given him the</p>
<p begin="01:59:18.579" end="01:59:23.110" style="s2">economic independence of</p>
<p begin="01:59:20.349" end="01:59:25.119" style="s2">international organizations but I think</p>
<p begin="01:59:23.110" end="01:59:27.489" style="s2">It is the most innovative of all, not the</p>
<p begin="01:59:25.119" end="01:59:30.130" style="s2">salvador can knock out the</p>
<p begin="01:59:27.489" end="01:59:31.349" style="s2">international legal system no longer</p>
<p begin="01:59:30.130" end="01:59:36.010" style="s2">Depends on the International Monetary Fund</p>
<p begin="01:59:31.349" end="01:59:37.449" style="s2">It no longer depends on the UN, now it can</p>
<p begin="01:59:36.010" end="01:59:40.360" style="s2">do your thing to pretend something</p>
<p begin="01:59:37.449" end="01:59:44.280" style="s2">world have to give gives a guideline to</p>
<p begin="01:59:40.360" end="01:59:44.280" style="s2">its citizens to pay taxes</p>
<p begin="01:59:44.690" end="01:59:51.670" style="s2">but the contribution it can bring</p>
<p begin="01:59:49.360" end="01:59:53.320" style="s2">out and you can do that in the end yo</p>
<p begin="01:59:51.670" end="01:59:55.090" style="s2">I think that is what we are going to be</p>
<p begin="01:59:53.320" end="01:59:57.190" style="s2">societies are much more closely linked</p>
<p begin="01:59:55.090" end="01:59:58.810" style="s2">by the charismatic authority that</p>
<p begin="01:59:57.190" end="02:00:01.390" style="s2">rule</p>
<p begin="01:59:58.810" end="02:00:03.190" style="s2">and that they are forms of consensus</p>
<p begin="02:00:01.390" end="02:00:05.470" style="s2">agreed at the time you</p>
<p begin="02:00:03.190" end="02:00:08.140" style="s2">you can&#39;t collect tax directly</p>
<p begin="02:00:05.470" end="02:00:09.010" style="s2">to your citizens because they have some</p>
<p begin="02:00:08.140" end="02:00:11.050" style="s2">way</p>
<p begin="02:00:09.010" end="02:00:12.070" style="s2">your assets in vic or in one of the</p>
<p begin="02:00:11.050" end="02:00:14.800" style="s2">significant entity of his estate</p>
<p begin="02:00:12.070" end="02:00:17.200" style="s2">in bitcoin it will be consensual it will be</p>
<p begin="02:00:14.800" end="02:00:19.660" style="s2">by express consent they will</p>
<p begin="02:00:17.200" end="02:00:21.430" style="s2">they have to give money to you you don&#39;t</p>
<p begin="02:00:19.660" end="02:00:23.200" style="s2">you will be able to dispose of your money or you will</p>
<p begin="02:00:21.430" end="02:00:25.360" style="s2">to be able to issue new money because the</p>
<p begin="02:00:23.200" end="02:00:26.770" style="s2">fiat money we already know that in the</p>
<p begin="02:00:25.360" end="02:00:28.540" style="s2">left over more or less counted between</p>
<p begin="02:00:26.770" end="02:00:29.740" style="s2">quotes at the time a appears</p>
<p begin="02:00:28.540" end="02:00:31.850" style="s2">alternative</p>
<p begin="02:00:29.740" end="02:00:34.190" style="s2">radically superior no</p>
<p begin="02:00:31.850" end="02:00:35.900" style="s2">In that sense, I think it is in some</p>
<p begin="02:00:34.190" end="02:00:36.470" style="s2">good policies are going to have to be that</p>
<p begin="02:00:35.900" end="02:00:37.660" style="s2">it won&#39;t have to be</p>
<p begin="02:00:36.470" end="02:00:40.070" style="s2">extraordinarily good</p>
<p begin="02:00:37.660" end="02:00:40.790" style="s2">&#39;extraordinarily good power</p>
<p begin="02:00:40.070" end="02:00:43.730" style="s2">politician to have to change</p>
<p begin="02:00:40.790" end="02:00:46.220" style="s2">radically to be able to attract the</p>
<p begin="02:00:43.730" end="02:00:48.940" style="s2">money from its own citizens to</p>
<p begin="02:00:46.220" end="02:00:50.199" style="s2">the projects undertake</p>
<p begin="02:00:48.940" end="02:00:53.140" style="s2">and along these lines I think</p>
<p begin="02:00:50.199" end="02:00:54.719" style="s2">we would recover for that reason one of things is</p>
<p begin="02:00:53.140" end="02:00:57.160" style="s2">with the books that vision does not have alone</p>
<p begin="02:00:54.719" end="02:00:59.770" style="s2">individual qualities in the sense</p>
<p begin="02:00:57.160" end="02:01:02.140" style="s2">that allows you to make a pau that will</p>
<p begin="02:00:59.770" end="02:01:03.820" style="s2">force politicians to channel</p>
<p begin="02:01:02.140" end="02:01:05.620" style="s2">they themselves will force the politicians</p>
<p begin="02:01:03.820" end="02:01:07.480" style="s2">to be straight is going to allow us so</p>
<p begin="02:01:05.620" end="02:01:09.640" style="s2">easily corruption is not going to them</p>
<p begin="02:01:07.480" end="02:01:12.340" style="s2">allow so easily to expel</p>
<p begin="02:01:09.640" end="02:01:14.949" style="s2">its citizens will really need</p>
<p begin="02:01:12.340" end="02:01:16.870" style="s2">carry out projects ahead of their</p>
<p begin="02:01:14.949" end="02:01:20.600" style="s2">citizens arrive</p>
<p begin="02:01:16.870" end="02:01:22.370" style="s2">perhaps the idea of ​​d is very supported</p>
<p begin="02:01:20.600" end="02:01:24.110" style="s2">of the charismatic individuals of these</p>
<p begin="02:01:22.370" end="02:01:25.850" style="s2">What are the authorities talking about now?</p>
<p begin="02:01:24.110" end="02:01:27.470" style="s2">charismatic because in the end we are</p>
<p begin="02:01:25.850" end="02:01:29.450" style="s2">speaking of people who do shoot</p>
<p begin="02:01:27.470" end="02:01:31.700" style="s2">forward projects</p>
<p begin="02:01:29.450" end="02:01:34.400" style="s2">I can&#39;t imagine</p>
<p begin="02:01:31.700" end="02:01:36.260" style="s2">by time by age maybe we are</p>
<p begin="02:01:34.400" end="02:01:37.910" style="s2">speaking a process that is beginning to be seen</p>
<p begin="02:01:36.260" end="02:01:40.520" style="s2">you said 15 years but the best that we</p>
<p begin="02:01:37.910" end="02:01:44.230" style="s2">You are talking about 60 years, I can&#39;t imagine</p>
<p begin="02:01:40.520" end="02:01:44.230" style="s2">a rajoy still</p>
<p begin="02:01:44.590" end="02:01:48.940" style="s2">to a sanchez</p>
<p begin="02:01:46.710" end="02:01:50.619" style="s2">reformulating and changing its way of</p>
<p begin="02:01:48.940" end="02:01:52.960" style="s2">doing things and becoming straight not</p>
<p begin="02:01:50.619" end="02:01:55.570" style="s2">it is the new politicians who come</p>
<p begin="02:01:52.960" end="02:01:58.330" style="s2">will be people with these qualities with being</p>
<p begin="02:01:55.570" end="02:02:00.940" style="s2">project agent action people</p>
<p begin="02:01:58.330" end="02:02:02.170" style="s2">running people indeed i think</p>
<p begin="02:02:00.940" end="02:02:04.179" style="s2">what is that in this kind of</p>
<p begin="02:02:02.170" end="02:02:05.560" style="s2">personalities who are capable of</p>
<p begin="02:02:04.179" end="02:02:07.630" style="s2">even though we all already know they have</p>
<p begin="02:02:05.560" end="02:02:09.570" style="s2">lots of money they keep getting</p>
<p begin="02:02:07.630" end="02:02:12.760" style="s2">donations on your live videos</p>
<p begin="02:02:09.570" end="02:02:15.610" style="s2">they are still capable of moving masses</p>
<p begin="02:02:12.760" end="02:02:17.199" style="s2">huge to follow their projects for</p>
<p begin="02:02:15.610" end="02:02:20.199" style="s2">support them to do crowdfunding for</p>
<p begin="02:02:17.199" end="02:02:21.790" style="s2">make them squeeze considerable we see it</p>
<p begin="02:02:20.199" end="02:02:24.070" style="s2">very clearly in tweets that he did not pull a</p>
<p begin="02:02:21.790" end="02:02:27.159" style="s2">free content on youtube there are people</p>
<p begin="02:02:24.070" end="02:02:29.080" style="s2">who pays monthly subscriptions for</p>
<p begin="02:02:27.159" end="02:02:31.270" style="s2">support people who earn a lot of money</p>
<p begin="02:02:29.080" end="02:02:32.739" style="s2">and that much of the content can be</p>
<p begin="02:02:31.270" end="02:02:34.179" style="s2">watch for free and yet they want them</p>
<p begin="02:02:32.739" end="02:02:35.500" style="s2">knock out these kind of authorities</p>
<p begin="02:02:34.179" end="02:02:36.840" style="s2">charismatic I think they are the ones</p>
<p begin="02:02:35.500" end="02:02:38.860" style="s2">are going to impose are the ones that are going to have</p>
<p begin="02:02:36.840" end="02:02:41.500" style="s2">political crystallization in the future</p>
<p begin="02:02:38.860" end="02:02:44.040" style="s2">effectively better in 15 years there is a</p>
<p begin="02:02:41.500" end="02:02:45.440" style="s2">crisis better not the best is a 40</p>
<p begin="02:02:44.040" end="02:02:48.030" style="s2">of this</p>
<p begin="02:02:45.440" end="02:02:49.860" style="s2">political character that waits until</p>
<p begin="02:02:48.030" end="02:02:52.380" style="s2">the new political forms are built</p>
<p begin="02:02:49.860" end="02:02:53.400" style="s2">can carry a lot more phone yo</p>
<p begin="02:02:52.380" end="02:02:54.780" style="s2">I think that it is important that</p>
<p begin="02:02:53.400" end="02:02:56.480" style="s2">start thinking about this kind of</p>
<p begin="02:02:54.780" end="02:02:59.160" style="s2">questions and that are beginning to be raised</p>
<p begin="02:02:56.480" end="02:03:01.230" style="s2">these issues because if we get caught</p>
<p begin="02:02:59.160" end="02:03:04.410" style="s2">crisis of the state without having anything thought</p>
<p begin="02:03:01.230" end="02:03:06.360" style="s2">see alternative to social anarchy in</p>
<p begin="02:03:04.410" end="02:03:09.850" style="s2">the pejorative meaning of the term</p>
<p begin="02:03:06.360" end="02:03:12.910" style="s2">energy can be awful</p>
<p begin="02:03:09.850" end="02:03:14.740" style="s2">we can see really bad things and not</p>
<p begin="02:03:12.910" end="02:03:17.170" style="s2">it will be the disk&#39;s fault in this is me</p>
<p begin="02:03:14.740" end="02:03:20.170" style="s2">like thank you when you start to see</p>
<p begin="02:03:17.170" end="02:03:21.870" style="s2">politicians who blame the sale</p>
<p begin="02:03:20.170" end="02:03:24.520" style="s2">inflation</p>
<p begin="02:03:21.870" end="02:03:26.790" style="s2">is to blame the umbrella that</p>
<p begin="02:03:24.520" end="02:03:26.790" style="s2">Rains</p>
<p begin="02:03:27.110" end="02:03:33.290" style="s2">we have argued here today we see this</p>
<p begin="02:03:30.590" end="02:03:36.200" style="s2">very well because the appointment of the</p>
<p begin="02:03:33.290" end="02:03:38.670" style="s2">citadels that so much program is done in</p>
<p begin="02:03:36.200" end="02:03:42.300" style="s2">twitter</p>
<p begin="02:03:38.670" end="02:03:44.340" style="s2">that has a reason behind that is not a</p>
<p begin="02:03:42.300" end="02:03:47.130" style="s2">light and nothing that perhaps began as</p>
<p begin="02:03:44.340" end="02:03:51.110" style="s2">a light and nothing of some enlightened in</p>
<p begin="02:03:47.130" end="02:03:51.110" style="s2">twitter as you imagine not</p>
<p begin="02:03:51.220" end="02:03:57.600" style="s2">Thinking about it like this, we are going to that, not to</p>
<p begin="02:03:54.190" end="02:04:01.660" style="s2">the people who follow in a kind of way</p>
<p begin="02:03:57.600" end="02:04:04.870" style="s2">of government political organization that</p>
<p begin="02:04:01.660" end="02:04:07.570" style="s2">exceeds that of the states and that and that</p>
<p begin="02:04:04.870" end="02:04:09.910" style="s2">let&#39;s say it changes the way of working</p>
<p begin="02:04:07.570" end="02:04:12.760" style="s2">now one last question before going</p>
<p begin="02:04:09.910" end="02:04:15.340" style="s2">closing is how you think the</p>
<p begin="02:04:12.760" end="02:04:17.860" style="s2">role of authority and power that</p>
<p begin="02:04:15.340" end="02:04:19.720" style="s2">before we saw how in the states it was</p>
<p begin="02:04:17.860" end="02:04:22.750" style="s2">as one of the main features</p>
<p begin="02:04:19.720" end="02:04:25.780" style="s2">the union were you talking about private security or</p>
<p begin="02:04:22.750" end="02:04:29.590" style="s2">be the part of the power as</p>
<p begin="02:04:25.780" end="02:04:31.300" style="s2">delegated to private companies the part of</p>
<p begin="02:04:29.590" end="02:04:33.250" style="s2">the authority you were saying all the</p>
<p begin="02:04:31.300" end="02:04:34.870" style="s2">while charismatic authority that is</p>
<p begin="02:04:33.250" end="02:04:36.250" style="s2">individuals who have that authority</p>
<p begin="02:04:34.870" end="02:04:40.690" style="s2">become what was before</p>
<p begin="02:04:36.250" end="02:04:42.770" style="s2">church and yes yes he grabbed the</p>
<p begin="02:04:40.690" end="02:04:45.530" style="s2">definition</p>
<p begin="02:04:42.770" end="02:04:49.820" style="s2">strictly so would be the</p>
<p begin="02:04:45.530" end="02:04:51.850" style="s2">jurisprudent as you imagine is that</p>
<p begin="02:04:49.820" end="02:04:56.060" style="s2">part of authority and power in this</p>
<p begin="02:04:51.850" end="02:04:58.180" style="s2">dels quote this is the central theme not me</p>
<p begin="02:04:56.060" end="02:05:00.470" style="s2">I think even the church not only</p>
<p begin="02:04:58.180" end="02:05:02.120" style="s2">these youtubers is simply too</p>
<p begin="02:05:00.470" end="02:05:03.470" style="s2">can recover a lot of paper or a</p>
<p begin="02:05:02.120" end="02:05:04.790" style="s2">very important role should not be</p>
<p begin="02:05:03.470" end="02:05:07.340" style="s2">fill your rightful role</p>
<p begin="02:05:04.790" end="02:05:09.620" style="s2">also obviously have to do</p>
<p begin="02:05:07.340" end="02:05:11.600" style="s2">take giant steps because right now</p>
<p begin="02:05:09.620" end="02:05:13.010" style="s2">is in a radical situation</p>
<p begin="02:05:11.600" end="02:05:14.960" style="s2">Contrary to these scenarios</p>
<p begin="02:05:13.010" end="02:05:16.070" style="s2">pose and religions put yourself in a</p>
<p begin="02:05:14.960" end="02:05:18.260" style="s2">very strong role also in the</p>
<p begin="02:05:16.070" end="02:05:20.139" style="s2">constitution of these new forms</p>
<p begin="02:05:18.260" end="02:05:22.929" style="s2">policies not</p>
<p begin="02:05:20.139" end="02:05:25.329" style="s2">they will be the first nuclei also that</p>
<p begin="02:05:22.929" end="02:05:28.179" style="s2">are organized or that they try to live in</p>
<p begin="02:05:25.329" end="02:05:29.199" style="s2">its moral form because in the end it is</p>
<p begin="02:05:28.179" end="02:05:30.309" style="s2">also very important not when</p>
<p begin="02:05:29.199" end="02:05:32.260" style="s2">we talked about what the feature was</p>
<p begin="02:05:30.309" end="02:05:34.320" style="s2">of the power to understand these</p>
<p begin="02:05:32.260" end="02:05:37.140" style="s2">beliefs defend this</p>
<p begin="02:05:34.320" end="02:05:39.330" style="s2">of this moral way of living this way</p>
<p begin="02:05:37.140" end="02:05:42.500" style="s2">of living and religious communities</p>
<p begin="02:05:39.330" end="02:05:42.500" style="s2">have this</p>
<p begin="02:05:46.070" end="02:05:51.990" style="s2">then this is the question you are not</p>
<p begin="02:05:48.620" end="02:05:53.540" style="s2">both bitcoin merz and religions are going to</p>
<p begin="02:05:51.990" end="02:05:56.120" style="s2">be the first</p>
<p begin="02:05:53.540" end="02:06:00.060" style="s2">political forms we may appear</p>
<p begin="02:05:56.120" end="02:06:02.670" style="s2">but me and this role of those of the</p>
<p begin="02:06:00.060" end="02:06:05.400" style="s2">authority effectively authorities that</p>
<p begin="02:06:02.670" end="02:06:07.260" style="s2">know socially recognized is not known</p>
<p begin="02:06:05.400" end="02:06:09.210" style="s2">has been socially recognized for a</p>
<p begin="02:06:07.260" end="02:06:11.310" style="s2">huge number of generations now</p>
<p begin="02:06:09.210" end="02:06:12.960" style="s2">he himself is relapsing into these</p>
<p begin="02:06:11.310" end="02:06:14.970" style="s2">authorities charisma that is falling in</p>
<p begin="02:06:12.960" end="02:06:17.850" style="s2">these influences is falling on these</p>
<p begin="02:06:14.970" end="02:06:19.530" style="s2">youtubers and other stream creators themselves</p>
<p begin="02:06:17.850" end="02:06:23.790" style="s2">of content</p>
<p begin="02:06:19.530" end="02:06:27.120" style="s2">they have a charismatic way of living</p>
<p begin="02:06:23.790" end="02:06:28.050" style="s2">naturalness spontaneity and others not and</p>
<p begin="02:06:27.120" end="02:06:30.480" style="s2">I think that is what is going to happen</p>
<p begin="02:06:28.050" end="02:06:32.730" style="s2">value and that people will want to live</p>
<p begin="02:06:30.480" end="02:06:35.840" style="s2">under the principles and criteria that</p>
<p begin="02:06:32.730" end="02:06:38.330" style="s2">they establish socially</p>
<p begin="02:06:35.840" end="02:06:40.820" style="s2">let&#39;s see how everything evolves</p>
<p begin="02:06:38.330" end="02:06:42.199" style="s2">because this is talking to many years</p>
<p begin="02:06:40.820" end="02:06:43.400" style="s2">seen with many things that still</p>
<p begin="02:06:42.199" end="02:06:45.469" style="s2">They have not even appeared and I don&#39;t even know</p>
<p begin="02:06:43.400" end="02:06:48.230" style="s2">can be included in the equation for for</p>
<p begin="02:06:45.469" end="02:06:51.290" style="s2">to be able to obtain results and so on but I</p>
<p begin="02:06:48.230" end="02:06:53.720" style="s2">I think that&#39;s where things will go a bit</p>
<p begin="02:06:51.290" end="02:06:54.980" style="s2">and as for the issue of law, not me</p>
<p begin="02:06:53.720" end="02:06:56.960" style="s2">I think this is one of the most</p>
<p begin="02:06:54.980" end="02:06:59.240" style="s2">important the state what it does is a</p>
<p begin="02:06:56.960" end="02:07:00.950" style="s2">investment in the classical conception of</p>
<p begin="02:06:59.240" end="02:07:03.080" style="s2">right to a modern investment</p>
<p begin="02:07:00.950" end="02:07:04.550" style="s2">right not right how to read the</p>
<p begin="02:07:03.080" end="02:07:06.530" style="s2">nature of things and solve a</p>
<p begin="02:07:04.550" end="02:07:08.390" style="s2">particular conflict to the right as</p>
<p begin="02:07:06.530" end="02:07:10.580" style="s2">create a social reality</p>
<p begin="02:07:08.390" end="02:07:12.920" style="s2">the legislation is not a thing</p>
<p begin="02:07:10.580" end="02:07:15.680" style="s2">modern to the artificial social milieu that</p>
<p begin="02:07:12.920" end="02:07:17.000" style="s2">there was not before and now it will change</p>
<p begin="02:07:15.680" end="02:07:18.500" style="s2">also not because it will return to this</p>
<p begin="02:07:17.000" end="02:07:21.410" style="s2">will solve particular cases of</p>
<p begin="02:07:18.500" end="02:07:23.890" style="s2">problems let&#39;s not think about how you solve</p>
<p begin="02:07:21.410" end="02:07:26.930" style="s2">a dispute between two individuals</p>
<p begin="02:07:23.890" end="02:07:29.450" style="s2">commissions let&#39;s think about what kind of</p>
<p begin="02:07:26.930" end="02:07:31.790" style="s2">submission or rules you have to</p>
<p begin="02:07:29.450" end="02:07:34.700" style="s2">put to allow someone to form</p>
<p begin="02:07:31.790" end="02:07:36.740" style="s2">part of your political community if you have</p>
<p begin="02:07:34.700" end="02:07:38.470" style="s2">much of his estate with tax</p>
<p begin="02:07:36.740" end="02:07:40.940" style="s2">it is best to make deposits in</p>
<p begin="02:07:38.470" end="02:07:42.490" style="s2">bitcoin to be able to be a part of a</p>
<p begin="02:07:40.940" end="02:07:44.350" style="s2">community or click</p>
<p begin="02:07:42.490" end="02:07:46.090" style="s2">so that in case of problem</p>
<p begin="02:07:44.350" end="02:07:47.740" style="s2">conflict there may be a third party</p>
<p begin="02:07:46.090" end="02:07:49.930" style="s2">can solve</p>
<p begin="02:07:47.740" end="02:07:53.310" style="s2">but we return to coercion we return</p>
<p begin="02:07:49.930" end="02:07:55.330" style="s2">to the threat and it will be difficult</p>
<p begin="02:07:53.310" end="02:07:56.500" style="s2">solve only the criteria of</p>
<p begin="02:07:55.330" end="02:07:58.810" style="s2">admissibility in political communities</p>
<p begin="02:07:56.500" end="02:08:00.190" style="s2">no I think that later in another advantage and</p>
<p begin="02:07:58.810" end="02:08:01.930" style="s2">another quality apart from the monetary ones</p>
<p begin="02:08:00.190" end="02:08:04.270" style="s2">apart from politics is that they make a</p>
<p begin="02:08:01.930" end="02:08:05.630" style="s2">admission criteria in certain</p>
<p begin="02:08:04.270" end="02:08:08.840" style="s2">buildings</p>
<p begin="02:08:05.630" end="02:08:12.429" style="s2">that you are to deposit certain</p>
<p begin="02:08:08.840" end="02:08:12.429" style="s2">amount to access to determine</p>
<p begin="02:08:13.400" end="02:08:17.060" style="s2">I can&#39;t think of many more situations</p>
<p begin="02:08:14.929" end="02:08:18.500" style="s2">Let&#39;s also take the case in case</p>
<p begin="02:08:17.060" end="02:08:20.270" style="s2">a megacorporation because I think that</p>
<p begin="02:08:18.500" end="02:08:21.860" style="s2">the megacorporations will follow</p>
<p begin="02:08:20.270" end="02:08:25.580" style="s2">taking and assuming also role not to me</p>
<p begin="02:08:21.860" end="02:08:28.340" style="s2">i found this this this this clicked me</p>
<p begin="02:08:25.580" end="02:08:30.650" style="s2">this when twitter censored the account of</p>
<p begin="02:08:28.340" end="02:08:33.409" style="s2">an altar not at what time in a</p>
<p begin="02:08:30.650" end="02:08:36.219" style="s2">private company can turn off the</p>
<p begin="02:08:33.409" end="02:08:39.150" style="s2">microphone to the president of usa</p>
<p begin="02:08:36.219" end="02:08:42.820" style="s2">is a company of that country of that country</p>
<p begin="02:08:39.150" end="02:08:45.280" style="s2">so we are I think that this is a</p>
<p begin="02:08:42.820" end="02:08:48.579" style="s2">note of the power that the new</p>
<p begin="02:08:45.280" end="02:08:50.110" style="s2">corporations do not and the crises or the</p>
<p begin="02:08:48.579" end="02:08:54.510" style="s2">political changes always occur</p>
<p begin="02:08:50.110" end="02:08:57.570" style="s2">because there is an ascending power and a</p>
<p begin="02:08:54.510" end="02:09:01.230" style="s2">descending power is not to say one by</p>
<p begin="02:08:57.570" end="02:09:02.820" style="s2">an elite that is in crisis and a new</p>
<p begin="02:09:01.230" end="02:09:05.640" style="s2">part of society that increasingly has</p>
<p begin="02:09:02.820" end="02:09:08.730" style="s2">more power and wants to put it to the test and</p>
<p begin="02:09:05.640" end="02:09:10.800" style="s2">test what to measure their forces with that</p>
<p begin="02:09:08.730" end="02:09:13.230" style="s2">decadent power because everything occupies its</p>
<p begin="02:09:10.800" end="02:09:15.360" style="s2">place I believe that these corporations</p>
<p begin="02:09:13.230" end="02:09:17.160" style="s2">they are in more than spare condition</p>
<p begin="02:09:15.360" end="02:09:20.280" style="s2">the laws of coping with the elites</p>
<p begin="02:09:17.160" end="02:09:23.680" style="s2">politics and that&#39;s just that</p>
<p begin="02:09:20.280" end="02:09:27.280" style="s2">gesture of covering the microphone and it&#39;s over</p>
<p begin="02:09:23.680" end="02:09:29.740" style="s2">from 26 to trump a very strong thing</p>
<p begin="02:09:27.280" end="02:09:31.210" style="s2">a lot in this line too and the fact</p>
<p begin="02:09:29.740" end="02:09:33.220" style="s2">that a part of the community of the</p>
<p begin="02:09:31.210" end="02:09:35.110" style="s2">of societies planet anti-earthquake</p>
<p begin="02:09:33.220" end="02:09:37.270" style="s2">purchasing power with Víctor and others in</p>
<p begin="02:09:35.110" end="02:09:38.920" style="s2">a very strong challenge because these are</p>
<p begin="02:09:37.270" end="02:09:41.320" style="s2">they are going to see first independent second</p>
<p begin="02:09:38.920" end="02:09:43.850" style="s2">strong the third resources to do</p>
<p begin="02:09:41.320" end="02:09:46.910" style="s2">against elites in decline</p>
<p begin="02:09:43.850" end="02:09:48.370" style="s2">Look what about putting a deposit</p>
<p begin="02:09:46.910" end="02:09:51.020" style="s2">warranty</p>
<p begin="02:09:48.370" end="02:09:53.120" style="s2">I said it before social that I see him here</p>
<p begin="02:09:51.020" end="02:09:55.700" style="s2">also the threat component</p>
<p begin="02:09:53.120" end="02:09:57.860" style="s2">constant of if you do not do what to the</p>
<p begin="02:09:55.700" end="02:09:59.870" style="s2">charismatic authority interests you</p>
<p begin="02:09:57.860" end="02:10:02.270" style="s2">I remove the bitcoin or what is a little what</p>
<p begin="02:09:59.870" end="02:10:05.630" style="s2">we have so far but now i was</p>
<p begin="02:10:02.270" end="02:10:07.580" style="s2">thinking and maybe the guarantee not so much</p>
<p begin="02:10:05.630" end="02:10:09.890" style="s2">of the citizen who also perhaps</p>
<p begin="02:10:07.580" end="02:10:13.390" style="s2">I have to put something but the</p>
<p begin="02:10:09.890" end="02:10:17.210" style="s2">charismatic authority of the type moment</p>
<p begin="02:10:13.390" end="02:10:18.140" style="s2">I mean, I put as guarantee what</p>
<p begin="02:10:17.210" end="02:10:19.700" style="s2">has to do now that it is</p>
<p begin="02:10:18.140" end="02:10:21.200" style="s2">speaking at barça, i&#39;m not from barça</p>
<p begin="02:10:19.700" end="02:10:23.210" style="s2">and I see that there is a problem now that</p>
<p begin="02:10:21.200" end="02:10:26.360" style="s2">they are going to ask for the old-fashioned guarantees</p>
<p begin="02:10:23.210" end="02:10:28.500" style="s2">board for having malpractice, no, the</p>
<p begin="02:10:26.360" end="02:10:31.650" style="s2">fact that one</p>
<p begin="02:10:28.500" end="02:10:34.100" style="s2">a charismatic authority a leader has</p>
<p begin="02:10:31.650" end="02:10:37.650" style="s2">part of its capital</p>
<p begin="02:10:34.100" end="02:10:39.720" style="s2">immobilized at the expense that if you have</p>
<p begin="02:10:37.650" end="02:10:41.370" style="s2">bad management and we are talking about</p>
<p begin="02:10:39.720" end="02:10:45.030" style="s2">they fly away and we are talking about</p>
<p begin="02:10:41.370" end="02:10:47.370" style="s2">unique unrepeatable money printable tv</p>
<p begin="02:10:45.030" end="02:10:49.680" style="s2">maybe you think about salt we eliminate the</p>
<p begin="02:10:47.370" end="02:10:51.870" style="s2">corruption factor I think for example</p>
<p begin="02:10:49.680" end="02:10:53.250" style="s2">out there and well it is without a doubt bitcoin it is</p>
<p begin="02:10:51.870" end="02:10:55.140" style="s2">an attack on corruption</p>
<p begin="02:10:53.250" end="02:10:57.840" style="s2">It is no longer an unstoppable attack, it grew</p>
<p begin="02:10:55.140" end="02:10:59.580" style="s2">it&#39;s over it&#39;s over great I put once</p>
<p begin="02:10:57.840" end="02:11:00.870" style="s2">established and pro and the</p>
<p begin="02:10:59.580" end="02:11:03.510" style="s2">teaching or editing amount per part</p>
<p begin="02:11:00.870" end="02:11:06.000" style="s2">significant part of society is over</p>
<p begin="02:11:03.510" end="02:11:07.920" style="s2">they will be able to cite it, there will not be</p>
<p begin="02:11:06.000" end="02:11:09.870" style="s2">that corruption will not be able to have that</p>
<p begin="02:11:07.920" end="02:11:11.160" style="s2">monetary manipulation will not be able</p>
<p begin="02:11:09.870" end="02:11:12.930" style="s2">be theft or by way of</p>
<p begin="02:11:11.160" end="02:11:15.000" style="s2">inflation of the creation of new</p>
<p begin="02:11:12.930" end="02:11:17.790" style="s2">monetary and could tax or via</p>
<p begin="02:11:15.000" end="02:11:19.200" style="s2">of corruption that is over and this that</p>
<p begin="02:11:17.790" end="02:11:21.210" style="s2">you say it is very interesting also because</p>
<p begin="02:11:19.200" end="02:11:23.480" style="s2">I also thought about it, not for example</p>
<p begin="02:11:21.210" end="02:11:25.890" style="s2">for even football tours are</p>
<p begin="02:11:23.480" end="02:11:27.480" style="s2">impossible in new political forms of</p>
<p begin="02:11:25.890" end="02:11:29.550" style="s2">get organized now they are also in</p>
<p begin="02:11:27.480" end="02:11:31.170" style="s2">crisis and have to be reformulated and</p>
<p begin="02:11:29.550" end="02:11:33.650" style="s2">they have a lot of authority and have a lot</p>
<p begin="02:11:31.170" end="02:11:35.400" style="s2">weight within their reactions and their</p>
<p begin="02:11:33.650" end="02:11:36.449" style="s2">perhaps Madrid, for example,</p>
<p begin="02:11:35.400" end="02:11:38.760" style="s2">president has to make a deposit</p>
<p begin="02:11:36.449" end="02:11:41.010" style="s2">he does not charge absolutely nothing has to</p>
<p begin="02:11:38.760" end="02:11:42.600" style="s2">make a guarantee that in the case of madrid</p>
<p begin="02:11:41.010" end="02:11:43.460" style="s2">incurs losses has to respond</p>
<p begin="02:11:42.600" end="02:11:45.570" style="s2">with his heritage</p>
<p begin="02:11:43.460" end="02:11:46.620" style="s2">of course this can indeed be</p>
<p begin="02:11:45.570" end="02:11:48.389" style="s2">ways in which the</p>
<p begin="02:11:46.620" end="02:11:50.400" style="s2">political power not that you have to</p>
<p begin="02:11:48.389" end="02:11:53.370" style="s2">make a bitcoin deposit in case of</p>
<p begin="02:11:50.400" end="02:11:54.900" style="s2">that an authority thing that separating from</p>
<p begin="02:11:53.370" end="02:11:57.810" style="s2">new the distinctions of power of</p>
<p begin="02:11:54.900" end="02:12:00.360" style="s2">authority let us take for example a senate or</p>
<p begin="02:11:57.810" end="02:12:01.679" style="s2">some courts chosen by the members of</p>
<p begin="02:12:00.360" end="02:12:03.300" style="s2">that community or constituted by it</p>
<p begin="02:12:01.679" end="02:12:05.380" style="s2">even by those members who would not have</p>
<p begin="02:12:03.300" end="02:12:07.090" style="s2">a beginning problem</p>
<p begin="02:12:05.380" end="02:12:08.620" style="s2">Well, in those who had to determine</p>
<p begin="02:12:07.090" end="02:12:11.230" style="s2">if he is doing well or is</p>
<p begin="02:12:08.620" end="02:12:13.810" style="s2">doing wrong and those who decide if that</p>
<p begin="02:12:11.230" end="02:12:16.830" style="s2">political power loses the endorsement it has</p>
<p begin="02:12:13.810" end="02:12:18.330" style="s2">put there to exert that carbon</p>
<p begin="02:12:16.830" end="02:12:20.670" style="s2">Well, we have to see all this type of</p>
<p begin="02:12:18.330" end="02:12:22.020" style="s2">questions and think is that they can be</p>
<p begin="02:12:20.670" end="02:12:23.850" style="s2">barbarities what I&#39;m saying and</p>
<p begin="02:12:22.020" end="02:12:25.320" style="s2">Right now I have no doubt that</p>
<p begin="02:12:23.850" end="02:12:26.790" style="s2">many of the things I say are</p>
<p begin="02:12:25.320" end="02:12:28.350" style="s2">barbarities</p>
<p begin="02:12:26.790" end="02:12:30.540" style="s2">but you have to think about them, you have to start</p>
<p begin="02:12:28.350" end="02:12:32.270" style="s2">turn it around you have to start to see how</p>
<p begin="02:12:30.540" end="02:12:34.740" style="s2">reconfigure</p>
<p begin="02:12:32.270" end="02:12:36.570" style="s2">the next centuries as how we are going to</p>
<p begin="02:12:34.740" end="02:12:38.370" style="s2">organize ourselves how we are going to live how we</p>
<p begin="02:12:36.570" end="02:12:42.480" style="s2">they are going to do, for example, trips, flights</p>
<p begin="02:12:38.370" end="02:12:43.620" style="s2">between one appointment and another and how is it going to</p>
<p begin="02:12:42.480" end="02:12:44.970" style="s2">organize the territory let&#39;s</p>
<p begin="02:12:43.620" end="02:12:46.500" style="s2">normalize exercises how can</p>
<p begin="02:12:44.970" end="02:12:48.540" style="s2">to have wars on their part in front of the</p>
<p begin="02:12:46.500" end="02:12:50.270" style="s2">empire these kinds of things are things that</p>
<p begin="02:12:48.540" end="02:12:53.230" style="s2">must think</p>
<p begin="02:12:50.270" end="02:12:53.230" style="s2">in the next years</p>
<p begin="02:12:53.930" end="02:13:00.580" style="s2">is imagining a citadel in which</p>
<p begin="02:12:57.230" end="02:13:03.020" style="s2">it will be the next authority</p>
<p begin="02:13:00.580" end="02:13:05.620" style="s2">charismatic and in which all</p>
<p begin="02:13:03.020" end="02:13:09.830" style="s2">citizens of this city have it</p>
<p begin="02:13:05.620" end="02:13:11.720" style="s2">in a multi signature they have put a part</p>
<p begin="02:13:09.830" end="02:13:14.290" style="s2">proportional do not imagine that they add a</p>
<p begin="02:13:11.720" end="02:13:16.180" style="s2">bitcoin 2</p>
<p begin="02:13:14.290" end="02:13:18.820" style="s2">it&#39;s a multi signature really two fingers</p>
<p begin="02:13:16.180" end="02:13:22.990" style="s2">where all citizens control a</p>
<p begin="02:13:18.820" end="02:13:25.020" style="s2">signature because that signature is a signature</p>
<p begin="02:13:22.990" end="02:13:28.600" style="s2">aggregate of</p>
<p begin="02:13:25.020" end="02:13:30.250" style="s2">decree connection to the signatures of each</p>
<p begin="02:13:28.600" end="02:13:32.230" style="s2">one of them and also works as a</p>
<p begin="02:13:30.250" end="02:13:35.110" style="s2">tres whole signature which is as if</p>
<p begin="02:13:32.230" end="02:13:37.660" style="s2">was a democracy if they overcome and if they are</p>
<p begin="02:13:35.110" end="02:13:39.730" style="s2">One hundred citizens, yes, 51 are in favor</p>
<p begin="02:13:37.660" end="02:13:43.560" style="s2">It is as if it is affirmed to be valid and the</p>
<p begin="02:13:39.730" end="02:13:45.520" style="s2">other signature is solely from the authority</p>
<p begin="02:13:43.560" end="02:13:47.950" style="s2">charismatic that comes to control that</p>
<p begin="02:13:45.520" end="02:13:50.980" style="s2">it would be jack no then jack comes and puts</p>
<p begin="02:13:47.950" end="02:13:53.800" style="s2">its another beat then that&#39;s at that bottom</p>
<p begin="02:13:50.980" end="02:13:55.630" style="s2">security are balanced against each other</p>
<p begin="02:13:53.800" end="02:13:58.420" style="s2">other people the charismatic authority</p>
<p begin="02:13:55.630" end="02:14:01.480" style="s2">when the charismatic authority comes out and</p>
<p begin="02:13:58.420" end="02:14:05.199" style="s2">If you want to take your funds, you will have</p>
<p begin="02:14:01.480" end="02:14:07.239" style="s2">to agree on how much</p>
<p begin="02:14:05.199" end="02:14:09.880" style="s2">it can be carried if it can be retrieved</p>
<p begin="02:14:07.239" end="02:14:11.769" style="s2">all his part if not and this surely</p>
<p begin="02:14:09.880" end="02:14:14.380" style="s2">in game theory this I just said</p>
<p begin="02:14:11.769" end="02:14:16.929" style="s2">It has that fault on all sides and it is</p>
<p begin="02:14:14.380" end="02:14:22.239" style="s2">a bag of water with 200 holes</p>
<p begin="02:14:16.929" end="02:14:24.699" style="s2">sure but use this example for</p>
<p begin="02:14:22.239" end="02:14:26.800" style="s2">so that all these game theories</p>
<p begin="02:14:24.699" end="02:14:28.840" style="s2">that we have been talking about in view of how</p>
<p begin="02:14:26.800" end="02:14:31.599" style="s2">two people can interact in a</p>
<p begin="02:14:28.840" end="02:14:33.159" style="s2">two fingers without committing fraud before</p>
<p begin="02:14:31.599" end="02:14:34.780" style="s2">It was a two out of three and there was a referee</p>
<p begin="02:14:33.159" end="02:14:36.940" style="s2">removed the ref and it still works and</p>
<p begin="02:14:34.780" end="02:14:38.499" style="s2">works better then all these</p>
<p begin="02:14:36.940" end="02:14:39.940" style="s2">game theories that maybe you say</p>
<p begin="02:14:38.499" end="02:14:41.829" style="s2">we have to be thinking about the new</p>
<p begin="02:14:39.940" end="02:14:43.510" style="s2">political forms perhaps in all these</p>
<p begin="02:14:41.829" end="02:14:45.070" style="s2">extremes in all manner of</p>
<p begin="02:14:43.510" end="02:14:47.139" style="s2">break our heads with the damn</p>
<p begin="02:14:45.070" end="02:14:49.590" style="s2">decentralization</p>
<p begin="02:14:47.139" end="02:14:51.999" style="s2">we are unaware</p>
<p begin="02:14:49.590" end="02:14:54.199" style="s2">putting new formulas on the table</p>
<p begin="02:14:51.999" end="02:14:57.050" style="s2">of</p>
<p begin="02:14:54.199" end="02:14:59.420" style="s2">political organization that&#39;s exactly what</p>
<p begin="02:14:57.050" end="02:15:01.670" style="s2">what is that exercise exactly</p>
<p begin="02:14:59.420" end="02:15:03.380" style="s2">that exercise is the exercise I think</p>
<p begin="02:15:01.670" end="02:15:05.659" style="s2">you have to encourage a lot of people</p>
<p begin="02:15:03.380" end="02:15:07.900" style="s2">additional to that he joins him to do that</p>
<p begin="02:15:05.659" end="02:15:11.269" style="s2">kind of</p>
<p begin="02:15:07.900" end="02:15:13.699" style="s2">pure speculation about ways of</p>
<p begin="02:15:11.269" end="02:15:15.769" style="s2">organization new policies because if</p>
<p begin="02:15:13.699" end="02:15:17.479" style="s2">No, that is, first we have to do a</p>
<p begin="02:15:15.769" end="02:15:19.070" style="s2">Exercise that hasn&#39;t been done in 400 years</p>
<p begin="02:15:17.479" end="02:15:21.530" style="s2">practically nothing more than in three or</p>
<p begin="02:15:19.070" end="02:15:23.800" style="s2">four in five utopian novels in</p>
<p begin="02:15:21.530" end="02:15:27.559" style="s2">some video games and focus on something else</p>
<p begin="02:15:23.800" end="02:15:29.090" style="s2">we are in underpants we are in the</p>
<p begin="02:15:27.559" end="02:15:30.530" style="s2">nothing we practically do not have a base</p>
<p begin="02:15:29.090" end="02:15:33.050" style="s2">about which foster we have to do</p>
<p begin="02:15:30.530" end="02:15:34.909" style="s2">that brutal exercise in a very short time</p>
<p begin="02:15:33.050" end="02:15:37.070" style="s2">without a solid foundation to do so</p>
<p begin="02:15:34.909" end="02:15:38.420" style="s2">we need a lot of heads that is</p>
<p begin="02:15:37.070" end="02:15:39.920" style="s2">above people many sectors</p>
<p begin="02:15:38.420" end="02:15:41.599" style="s2">is thinking about the problems that are</p>
<p begin="02:15:39.920" end="02:15:44.630" style="s2">can generate in what can be done</p>
<p begin="02:15:41.599" end="02:15:47.630" style="s2">what ever in how we gonna do it and</p>
<p begin="02:15:44.630" end="02:15:49.459" style="s2">and that is the main intention of</p>
<p begin="02:15:47.630" end="02:15:51.889" style="s2">the two books not the encouragement</p>
<p begin="02:15:49.459" end="02:15:54.499" style="s2">so much to see the possible crisis of the state</p>
<p begin="02:15:51.889" end="02:15:57.470" style="s2">how to see how to overcome it although that</p>
<p begin="02:15:54.499" end="02:15:59.270" style="s2">comes after after not</p>
<p begin="02:15:57.470" end="02:16:02.870" style="s2">for those who have read the foundation we are</p>
<p begin="02:15:59.270" end="02:16:06.500" style="s2">hari seldon before the foreseeable fall of the</p>
<p begin="02:16:02.870" end="02:16:08.950" style="s2">empire and we are thinking like hell</p>
<p begin="02:16:06.500" end="02:16:12.800" style="s2">surpass that quality without</p>
<p begin="02:16:08.950" end="02:16:16.010" style="s2">too much blood not then maybe this</p>
<p begin="02:16:12.800" end="02:16:17.050" style="s2">pot would be the host that was the beginning</p>
<p begin="02:16:16.010" end="02:16:20.420" style="s2">of</p>
<p begin="02:16:17.050" end="02:16:22.250" style="s2">a few little tales of anyone who</p>
<p begin="02:16:20.420" end="02:16:24.830" style="s2">it occurs to you to write a short story</p>
<p begin="02:16:22.250" end="02:16:27.260" style="s2">about two pages of how you imagine</p>
<p begin="02:16:24.830" end="02:16:29.150" style="s2">a part of that future society</p>
<p begin="02:16:27.260" end="02:16:30.920" style="s2">hey I surely would be the</p>
<p begin="02:16:29.150" end="02:16:34.040" style="s2">stories that I would take to read before</p>
<p begin="02:16:30.920" end="02:16:36.560" style="s2">to sleep to leave the head</p>
<p begin="02:16:34.040" end="02:16:38.330" style="s2">working on dreams and a way to</p>
<p begin="02:16:36.560" end="02:16:41.210" style="s2">encourage them all to continue</p>
<p begin="02:16:38.330" end="02:16:42.710" style="s2">thinking and nothing and also to follow us</p>
<p begin="02:16:41.210" end="02:16:46.280" style="s2">making me want not only to read the first</p>
<p begin="02:16:42.710" end="02:16:49.850" style="s2">Álvaro&#39;s book but the second that</p>
<p begin="02:16:46.280" end="02:16:51.340" style="s2">It seems that it is already working, you see it</p>
<p begin="02:16:49.850" end="02:16:53.170" style="s2">the same or what</p>
<p begin="02:16:51.340" end="02:16:55.630" style="s2">well I think it will take time</p>
<p begin="02:16:53.170" end="02:16:57.790" style="s2">way to end this second because the</p>
<p begin="02:16:55.630" end="02:16:59.410" style="s2">speculation about futures to me</p>
<p begin="02:16:57.790" end="02:17:02.349" style="s2">love it but it&#39;s extraordinarily</p>
<p begin="02:16:59.410" end="02:17:04.030" style="s2">complex all the variables you have</p>
<p begin="02:17:02.349" end="02:17:05.740" style="s2">to introduce even the variables with</p>
<p begin="02:17:04.030" end="02:17:07.840" style="s2">the ones you can&#39;t even count</p>
<p begin="02:17:05.740" end="02:17:10.300" style="s2">currently because they are not</p>
<p begin="02:17:07.840" end="02:17:11.260" style="s2">implementing do not really exist</p>
<p begin="02:17:10.300" end="02:17:12.399" style="s2">they have them</p>
<p begin="02:17:11.260" end="02:17:14.050" style="s2">graphically but you have to</p>
<p begin="02:17:12.399" end="02:17:16.990" style="s2">imagining exactly is what to think about</p>
<p begin="02:17:14.050" end="02:17:19.000" style="s2">the things that can happen then the</p>
<p begin="02:17:16.990" end="02:17:20.410" style="s2">number of things you have to</p>
<p begin="02:17:19.000" end="02:17:22.990" style="s2">think and think about it will be</p>
<p begin="02:17:20.410" end="02:17:24.880" style="s2">huge and many heads are needed</p>
<p begin="02:17:22.990" end="02:17:26.260" style="s2">really thinking and talking about this</p>
<p begin="02:17:24.880" end="02:17:28.770" style="s2">I think</p>
<p begin="02:17:26.260" end="02:17:30.639" style="s2">and that is the cep</p>
<p begin="02:17:28.770" end="02:17:32.069" style="s2">and alvaro</p>
<p begin="02:17:30.639" end="02:17:35.240" style="s2">I don&#39;t know</p>
<p begin="02:17:32.069" end="02:17:38.000" style="s2">what to tell you</p>
<p begin="02:17:35.240" end="02:17:43.420" style="s2">I mean, I have the feeling that I&#39;ve</p>
<p begin="02:17:38.000" end="02:17:43.420" style="s2">recorded something very powerful because</p>
<p begin="02:17:43.800" end="02:17:51.510" style="s2">I don&#39;t know maybe because it&#39;s new maybe because</p>
<p begin="02:17:47.510" end="02:17:54.689" style="s2">clarifying but I see</p>
<p begin="02:17:51.510" end="02:17:56.160" style="s2">I understand everything much better and I give you the</p>
<p begin="02:17:54.689" end="02:17:58.710" style="s2">thanks for the book</p>
<p begin="02:17:56.160" end="02:18:00.450" style="s2">explanations that you have given here and that</p>
<p begin="02:17:58.710" end="02:18:03.359" style="s2">encourage to see her give them without having the book</p>
<p begin="02:18:00.450" end="02:18:05.969" style="s2">published and I really hope from the heart</p>
<p begin="02:18:03.359" end="02:18:08.569" style="s2">that all this that we have done is of some use</p>
<p begin="02:18:05.969" end="02:18:11.599" style="s2">made here for what someone says</p>
<p begin="02:18:08.569" end="02:18:14.389" style="s2">but what the hell are we doing that no</p>
<p begin="02:18:11.599" end="02:18:15.919" style="s2">we are publishing this and that your book</p>
<p begin="02:18:14.389" end="02:18:17.749" style="s2">finish posting becomes a</p>
<p begin="02:18:15.919" end="02:18:19.969" style="s2">classic and that translates to all</p>
<p begin="02:18:17.749" end="02:18:22.239" style="s2">languages ​​that are needed and that Álvaro</p>
<p begin="02:18:19.969" end="02:18:24.350" style="s2">Thanks a lot</p>
<p begin="02:18:22.239" end="02:18:26.751" style="s2">especially for</p>
<p begin="02:18:24.350" end="02:18:30.000" style="s2">form food for the prime that you have given me</p>
<p begin="02:18:26.751" end="02:18:31.620" style="s2">for the brain food</p>
<p begin="02:18:30.000" end="02:18:33.929" style="s2">that you have given me thank you very much</p>
<p begin="02:18:31.620" end="02:18:35.700" style="s2">thank you very much for the trust</p>
<p begin="02:18:33.929" end="02:18:39.080" style="s2">and for everything and really you already know that</p>
<p begin="02:18:35.700" end="02:18:39.080" style="s2">I am very very grateful to you</p>
<p begin="02:18:39.210" end="02:18:43.960" style="s2">I always answer you that I am grateful</p>
<p begin="02:18:41.559" end="02:18:45.610" style="s2">but hey how this can be a bit and</p>
<p begin="02:18:43.960" end="02:18:48.240" style="s2">a whiting that bites its tail and</p>
<p begin="02:18:45.610" end="02:18:50.769" style="s2">we can end up like public debt</p>
<p begin="02:18:48.240" end="02:18:52.929" style="s2">feeding back the and in the end creating</p>
<p begin="02:18:50.769" end="02:18:55.090" style="s2">a big thank you reset let&#39;s go</p>
<p begin="02:18:52.929" end="02:18:55.980" style="s2">to leave here and nothing we are in contact</p>
<p begin="02:18:55.090" end="02:18:58.219" style="s2">something</p>
<p begin="02:18:55.980" end="02:19:00.130" style="s2">deserves</p>
<p begin="02:18:58.219" end="02:19:00.510" style="s2">[Music]</p>
<p begin="02:19:00.130" end="02:19:03.679" style="s2">oh</p>
<p begin="02:19:00.510" end="02:19:06.170" style="s2">[Music]</p>
<p begin="02:19:03.679" end="02:19:08.240" style="s2">Well, what did you think of this talk with</p>
<p begin="02:19:06.170" end="02:19:13.540" style="s2">Alvaro</p>
<p begin="02:19:08.240" end="02:19:15.880" style="s2">and I&#39;m still reflecting and very much</p>
<p begin="02:19:13.540" end="02:19:17.559" style="s2">about everything that he came to explain to me</p>
<p begin="02:19:15.880" end="02:19:19.770" style="s2">something in the pod and about the preparation</p>
<p begin="02:19:17.559" end="02:19:23.290" style="s2">preview that I also did and documented</p>
<p begin="02:19:19.770" end="02:19:25.210" style="s2">taking notes from the book of his book</p>
<p begin="02:19:23.290" end="02:19:29.740" style="s2">I really hope it gets published</p>
<p begin="02:19:25.210" end="02:19:32.080" style="s2">soon because it is a little jewel and I continue</p>
<p begin="02:19:29.740" end="02:19:35.700" style="s2">macerating all this information in me</p>
<p begin="02:19:32.080" end="02:19:38.440" style="s2">head because it is not little is not little and</p>
<p begin="02:19:35.700" end="02:19:42.210" style="s2">above all it gives you the bases to understand</p>
<p begin="02:19:38.440" end="02:19:46.510" style="s2">in what historical moment are we</p>
<p begin="02:19:42.210" end="02:19:50.590" style="s2">frames what the state is and we</p>
<p begin="02:19:46.510" end="02:19:52.630" style="s2">explains why bitcoin is taking us</p>
<p begin="02:19:50.590" end="02:19:55.080" style="s2">to get over it not to move on to the next</p>
<p begin="02:19:52.630" end="02:20:00.550" style="s2">level to the new forms of governance</p>
<p begin="02:19:55.080" end="02:20:03.010" style="s2">and this apart from fantasizing about how</p>
<p begin="02:20:00.550" end="02:20:04.600" style="s2">It will be what comes after I think that in</p>
<p begin="02:20:03.010" end="02:20:06.430" style="s2">no time is going to be too much change</p>
<p begin="02:20:04.600" end="02:20:08.580" style="s2">radical or suddenly we are going to live</p>
<p begin="02:20:06.430" end="02:20:10.810" style="s2">the citadel without realizing it but</p>
<p begin="02:20:08.580" end="02:20:12.930" style="s2">probably in different countries</p>
<p begin="02:20:10.810" end="02:20:15.480" style="s2">world are already living in one on one</p>
<p begin="02:20:12.930" end="02:20:16.530" style="s2">kind of post-state transition</p>
<p begin="02:20:15.480" end="02:20:19.380" style="s2">what happens that we are not putting</p>
<p begin="02:20:16.530" end="02:20:21.380" style="s2">name no we are not realizing</p>
<p begin="02:20:19.380" end="02:20:24.620" style="s2">how are those powers</p>
<p begin="02:20:21.380" end="02:20:26.420" style="s2">transition I walk no and</p>
<p begin="02:20:24.620" end="02:20:29.370" style="s2">I believe that</p>
<p begin="02:20:26.420" end="02:20:32.280" style="s2">We will see that in a process</p>
<p begin="02:20:29.370" end="02:20:34.740" style="s2">where some country will suddenly accept that</p>
<p begin="02:20:32.280" end="02:20:37.141" style="s2">does not have power over the citizen in</p>
<p begin="02:20:34.740" end="02:20:39.230" style="s2">tax matters and a little that will begin to</p>
<p begin="02:20:37.141" end="02:20:42.840" style="s2">offer services in exchange for</p>
<p begin="02:20:39.230" end="02:20:45.061" style="s2">payments not instead of trying to put</p>
<p begin="02:20:42.840" end="02:20:47.880" style="s2">when you cannot expropriate not when</p>
<p begin="02:20:45.061" end="02:20:51.570" style="s2">has power over that money that is</p>
<p begin="02:20:47.880" end="02:20:55.141" style="s2">bitcoin and all this [ __ ] is a lot</p>
<p begin="02:20:51.570" end="02:20:58.380" style="s2">knowledge is a lot for a lot of matter</p>
<p begin="02:20:55.141" end="02:21:01.141" style="s2">to process and I&#39;m still in that phase</p>
<p begin="02:20:58.380" end="02:21:05.160" style="s2">I think that in the next live shows it will go away</p>
<p begin="02:21:01.141" end="02:21:07.230" style="s2">how this will come out no and well I hope</p>
<p begin="02:21:05.160" end="02:21:09.150" style="s2">that you can also comment on it with</p>
<p begin="02:21:07.230" end="02:21:10.490" style="s2">you on twitter and others because it has</p>
<p begin="02:21:09.150" end="02:21:13.590" style="s2">been an experience</p>
<p begin="02:21:10.490" end="02:21:15.061" style="s2">very enriching and that when before</p>
<p begin="02:21:13.590" end="02:21:18.271" style="s2">It said in the tweet that I published that</p>
<p begin="02:21:15.061" end="02:21:20.070" style="s2">I trembled not next to I had one of those</p>
<p begin="02:21:18.271" end="02:21:22.440" style="s2">moments of clarity that made me</p>
<p begin="02:21:20.070" end="02:21:25.710" style="s2">tremble they left my skin was not that</p>
<p begin="02:21:22.440" end="02:21:27.811" style="s2">understand what is the role of grapevine and how</p>
<p begin="02:21:25.710" end="02:21:30.260" style="s2">bitcoin is speeding up all this</p>
<p begin="02:21:27.811" end="02:21:32.569" style="s2">process I loved this pop</p>
<p begin="02:21:30.260" end="02:21:34.670" style="s2">If you liked it let Álvaro know</p>
<p begin="02:21:32.569" end="02:21:36.710" style="s2">that seems like a genius to me, a crack like</p>
<p begin="02:21:34.670" end="02:21:39.950" style="s2">speech</p>
<p begin="02:21:36.710" end="02:21:41.150" style="s2">a boy with a knowledge that I have</p>
<p begin="02:21:39.950" end="02:21:42.979" style="s2">I was lucky enough to talk to him</p>
<p begin="02:21:41.150" end="02:21:45.650" style="s2">also out of pod and shear you squeeze</p>
<p begin="02:21:42.979" end="02:21:48.350" style="s2">wherever you squeeze it is a pit of</p>
<p begin="02:21:45.650" end="02:21:50.540" style="s2">wisdom and I hope more is done</p>
<p begin="02:21:48.350" end="02:21:52.910" style="s2">present in the bitcoin community that is</p>
<p begin="02:21:50.540" end="02:21:55.790" style="s2">encourage me to write more and we can see</p>
<p begin="02:21:52.910" end="02:21:58.190" style="s2">As I said before, this book is</p>
<p begin="02:21:55.790" end="02:22:00.380" style="s2">Available for digitally at</p>
<p begin="02:21:58.190" end="02:22:01.880" style="s2">online format and whatever else</p>
<p begin="02:22:00.380" end="02:22:03.979" style="s2">get an editorial so I auto</p>
<p begin="02:22:01.880" end="02:22:06.380" style="s2">publish I think the bitcoins will</p>
<p begin="02:22:03.979" end="02:22:08.660" style="s2">we will support so that you can reach</p>
<p begin="02:22:06.380" end="02:22:11.960" style="s2">the minimum amount needed for car</p>
<p begin="02:22:08.660" end="02:22:14.210" style="s2">edit it and this pot has also been</p>
<p begin="02:22:11.960" end="02:22:17.330" style="s2">possible apart from my sponsors to my</p>
<p begin="02:22:14.210" end="02:22:19.670" style="s2">private sponsors to you to you to</p>
<p begin="02:22:17.330" end="02:22:22.130" style="s2">the patriots thank you very much everyone</p>
<p begin="02:22:19.670" end="02:22:24.140" style="s2">both at the different levels that I have</p>
<p begin="02:22:22.130" end="02:22:26.660" style="s2">that I have the pioneers that give me</p>
<p begin="02:22:24.140" end="02:22:28.460" style="s2">two euros a month the selenitas that I</p>
<p begin="02:22:26.660" end="02:22:32.000" style="s2">the settlers who contribute five contribute</p>
<p begin="02:22:28.460" end="02:22:34.790" style="s2">ten for go everyone thank you very much for</p>
<p begin="02:22:32.000" end="02:22:37.520" style="s2">the economic support that you give me and that</p>
<p begin="02:22:34.790" end="02:22:39.950" style="s2">allows me to continue dedicating myself to the maximum</p>
<p begin="02:22:37.520" end="02:22:41.810" style="s2">prepare podcast like this one also command</p>
<p begin="02:22:39.950" end="02:22:43.290" style="s2">a special greeting to Pablo who follows</p>
<p begin="02:22:41.810" end="02:22:46.950" style="s2">being there</p>
<p begin="02:22:43.290" end="02:22:48.480" style="s2">Being my only employer I go yesterday if you</p>
<p begin="02:22:46.950" end="02:22:50.910" style="s2">like the work you did I encourage you to</p>
<p begin="02:22:48.480" end="02:22:53.370" style="s2">take a look at my father took it</p>
<p begin="02:22:50.910" end="02:22:55.370" style="s2">maintaining since the beginning of 2020 and in</p>
<p begin="02:22:53.370" end="02:22:57.780" style="s2">he will find crypto items</p>
<p begin="02:22:55.370" end="02:22:59.190" style="s2">exclusive excerpts with guests at</p>
<p begin="02:22:57.780" end="02:23:01.771" style="s2">post such as one that I publish</p>
<p begin="02:22:59.190" end="02:23:04.080" style="s2">last week with novak where he was talking</p>
<p begin="02:23:01.771" end="02:23:07.380" style="s2">your opinion on multi signatures</p>
<p begin="02:23:04.080" end="02:23:10.110" style="s2">this this excerpt was in english</p>
<p begin="02:23:07.380" end="02:23:12.240" style="s2">and you can also listen to the pot men</p>
<p begin="02:23:10.110" end="02:23:14.670" style="s2">because by the way it&#39;s been ten years since</p>
<p begin="02:23:12.240" end="02:23:16.740" style="s2">published and where he explained what I am</p>
<p begin="02:23:14.670" end="02:23:18.660" style="s2">busy at all times no that is well</p>
<p begin="02:23:16.740" end="02:23:20.580" style="s2">now I would have explained that I was</p>
<p begin="02:23:18.660" end="02:23:24.600" style="s2">falling down the rabbit hole of states</p>
<p begin="02:23:20.580" end="02:23:27.360" style="s2">and understanding its meaning and you can</p>
<p begin="02:23:24.600" end="02:23:29.160" style="s2">support me also published practicing the</p>
<p begin="02:23:27.360" end="02:23:31.350" style="s2">value for value listening to my podcast</p>
<p begin="02:23:29.160" end="02:23:33.450" style="s2">enbridge or fontaine I&#39;m checking</p>
<p begin="02:23:31.350" end="02:23:36.810" style="s2">every now and then in my own way and I see</p>
<p begin="02:23:33.450" end="02:23:39.030" style="s2">who has been encouraged to listen by brice</p>
<p begin="02:23:36.810" end="02:23:41.460" style="s2">and it makes me quite happy to see that, no</p>
<p begin="02:23:39.030" end="02:23:43.050" style="s2">transactions of 10 sato sistal but I</p>
<p begin="02:23:41.460" end="02:23:44.930" style="s2">it makes me very happy to know that they are used</p>
<p begin="02:23:43.050" end="02:23:48.319" style="s2">these types of platforms</p>
<p begin="02:23:44.930" end="02:23:50.180" style="s2">and practice value for value and nothing and</p>
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<p begin="02:23:50.180" end="02:23:55.880" style="s2">liking and retweeting</p>
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<p begin="02:23:59.390" end="02:24:04.250" style="s2">especially also letting me know what</p>
<p begin="02:24:01.819" end="02:24:07.250" style="s2">feedback no, what did you think of the pot and</p>
<p begin="02:24:04.250" end="02:24:08.449" style="s2">what do you think of him I love that either</p>
<p begin="02:24:07.250" end="02:24:11.359" style="s2">in the youtube comments on the</p>
<p begin="02:24:08.449" end="02:24:13.939" style="s2">ebook comments in a tweet in a</p>
<p begin="02:24:11.359" end="02:24:15.350" style="s2">private as you want I don&#39;t care about the</p>
<p begin="02:24:13.939" end="02:24:18.470" style="s2">messages end up arriving late or</p>
<p begin="02:24:15.350" end="02:24:19.850" style="s2">early so nothing I hope you have</p>
<p begin="02:24:18.470" end="02:24:22.720" style="s2">liked and that you have learned as much as</p>
<p begin="02:24:19.850" end="02:24:25.010" style="s2">I excuse the echo I&#39;m moving and</p>
<p begin="02:24:22.720" end="02:24:27.350" style="s2">between the noise of works I do not have</p>
<p begin="02:24:25.010" end="02:24:30.649" style="s2">prepared the study still and good is</p>
<p begin="02:24:27.350" end="02:24:33.050" style="s2">a bit of a disaster but I hope in the next</p>
<p begin="02:24:30.649" end="02:24:35.290" style="s2">days of fixing this audio is</p>
<p begin="02:24:33.050" end="02:24:38.590" style="s2">a drill now</p>
<p begin="02:24:35.290" end="02:24:40.330" style="s2">well nothing now yes up to here the bot that</p>
<p begin="02:24:38.590" end="02:24:42.740" style="s2">Have a great week and if you don&#39;t drill me</p>
<p begin="02:24:40.330" end="02:24:45.240" style="s2">in the head I greet you soon</p>
<p begin="02:24:42.740" end="02:24:46.180" style="s2">[Applause]</p>
<p begin="02:24:45.240" end="02:24:48.860" style="s2">[Music]</p>
<p begin="02:24:46.180" end="02:24:51.000" style="s2">[Applause]</p>
<p begin="02:24:48.860" end="02:24:54.460" style="s2">the drill and on</p>
<p begin="02:24:51.000" end="02:24:55.550" style="s2">how few are going to hang an nfc</p>
<p begin="02:24:54.460" end="02:24:57.320" style="s2">[Music]</p>
<p begin="02:24:55.550" end="02:25:00.399" style="s2">two</p>
<p begin="02:24:57.320" end="02:25:00.399" style="s2">[Music]</p>
</div>
</body>
</tt>
@aabril
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aabril commented Nov 24, 2022

in that case doctor sheldon lent
attention because we want an answer
clear what their citadels will serve
the lawyer's voice became shrill
had set the trap managed to corner
keep Sheldon away from any
possibility of answer but hari
seldon did not change
to minimize the effects of
that destruction
what exactly do you mean by that
explanation is very simple next
destruction of fiat money is not a
isolated event of the scheme of the
human development will be the point
climax of an intricate drama that
started centuries ago and accelerates
continuously your speed
I mean gentlemen to the continua
decline of the state
Doctor Sheldon realizes that he is
speaking of the state that exists since
centuries ago despite all
vicissitudes of generations and that
is backed by good wishes and
the love of eight billion beings
humans I am so aware of the
current situation as in the past
history of the state although I do not pretend
be rude
I think I know her better than anyone
another person in this room and
I predicted your doom is a prediction made
I don't do any math
moral judgment I personally regret the
perspective even if it were admitted that the
state is not convenient thing that I do not
I make the state of anarchy that will follow
his fall would be even worse is that state of
anarchy what my project intends
fight against the fall of the state
gentlemen is something monumental and cannot
easily combated is dictated by
a growing bureaucracy
initiative recession one
caste freeze a
stagnation of curiosity and many
more factors as I said ago
centuries that is prepared and is something
Too great to stop it ain't
something obvious to everyone that the
status is as strong as ever
and the appearance of strength is but
an illusion
seems to have to last forever no
notwithstanding Mr. Lawyer the trunk of the
rotten tree up to the very moment in
that the storm divides it in two, it has everything
the appearance of solid that it has had
always now the storm looms
about the branches of the state
listened with bitcoin ears and will hear
the creak
hello how are you speaking alone penthouse in y
welcome to my podcast what you just finished
to listen is a modified fragment
from one of my favorite books
isaac asimov foundation and it serves me
perfection to introduce the topic
from today's post the fall of the state that
bitcoin is accelerating I tell you more in
a minute but before a moment for my
sponsors that will pass the test of
the fall of the state [ __ ] [ __ ] is the
web platform where you can buy
bitcoin from other individuals without
too many questions in this age of
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dose a great way to stack schatz's
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It is ideal because it allows you to buy from
other bitcoins without giving up
personal information and with all
guarantees that no one will deceive you and
leave with your money or schatz [ __ ] [ __ ]
dotcom can be intimidating the first time
but when you have used it
sometimes ain't easy enough
the offer you want do not despair period
one that seems good to you with the price and
the prizes you want and you'll see how to
someone will take it start stacking
santos and centering down the jo of the
dotcom and remember that if you register
using the lunatic code in
you will receive a commission discount
forever
miter fil is the bitcoin company that
allows you to live in all parts of the
world with your bitcoin now in the
savior are lucky to be able
consume and live with their chats but the
rest of us still living in states
who turn their backs on anyone
innovation that challenges your monopoly
economically we cannot do it but with
beat the field does not matter because at least
In Spain I can buy in Carrefour
or get to the deposit of my car in
cepsa and consume everything you want in
amazon mediamarkt or logging
bitcoin thanks to vitra field
conferences in el salvador and recommend
to everyone that as soon as they land they are done
with a phone card from the country with
she and beat the field are going to
forget about an unexpected bill
be able to recharge card balance by
example of I say clear diesel movistar or
network everything like not paying with bitcoin
engine online
that is, follow the link in the description and
surprising of the wide offer that
has a profile for you in your country
poteo and is special for several
reasons first because it is the first
interview given to bar de maría
the author of one of the bitcoin books
Who else have I enjoyed reading?
[Music]
because it explores the rabbit hole that it is
a state and how bitcoin accelerates its
inexorable fall
has investigated before I take a class
masterful to understand perfectly
your abc's
It is special because of the number of moments
of clarity that I have lived recording the
The talk with Álvaro allows us to take
awareness of the historical moment in which
that we find perspective and
fit bitcoin in this context
I score a geek wish of 4 or cyber punks
but as a necessary element for
return to the path towards the virtue of
human race
and innovation that we needed compared to
the decline of the state
if you want to understand the historical moment
in which we find ourselves and the base
philosophical and legal that will lead us to
live in the citadels of bitcoin without
more I leave you with the pod
[Music]
good morning to the man very good that the
moon like these
slowly
I really want this
conversation
I am very expectant with this topic and
now we will shell it out but it is a
topic that has surprised me
I guess because I haven't tried it before and
what I have I am expecting so that
Enlighten me, it's a little better either
let's set expectations too high
that later you know what to say to comply
the
normal expectations but good
Let's start because you are Álvaro de
Mariah and well
I think the pertinent question here is
a little talk about what is your background
or your training and if you could explain
how was your fall down the rabbit hole
which is a question that is asked as very
typical but in your case it seems to me
of special interest that you tell how it was
that experience
Well I studied law and philosophy in
the complutense university of madrid
and then studied a master's degree in auditing
senior accounting on the board of
economists
so so to speak I have like a
very complete training
who aspires a little to technology between
quotes not to treat the times a
very general worldview of reality
political and social reality and other
then of course
and I, for example, have a lot of training
in matters of theory of the state
specialized a lot of social employment
law and in this type of matter
and of course
And when I started studying topics
monetary than to study this type of
issues
evidently disco and called me a little
attention and start to look at it a little
above and so on but do not finish
how to pick it up well in quotes no
to fully grasp it can
understand it well but as in 2017 2016
one thing yes to study it but it does not end
I didn't understand it very well
Well, my fall from the burrow with the
very specific issue was not with the program
from Manuel's garden by the old woman
emeritus that intern and adolfo contreras and
there it did click me no and from
then when a session becomes
Complete because I kind of puzzle
mental in quotes
Victor
It solved a certain problem that I had
as very pending that he had left a
little parked it was as if they are going to
restructure political societies
after a state crisis
then there it clicked but then
don't stop studying it don't stop de
thinking about it and I jumped
practically a year 68 hours a day without
stop spinning this and
study it
and well, a little book has come out
and we will talk now about what I know because I know it
you counted out depot gave me the feeling
also that you are a person
one of these who gets up in the morning and
a bit and has a structure of everything
its day and then you fell from the
burrow was like structuring t all
your free hours in what is over
turning almost a year to study and
to incorporate, as you have said, that
bitcoin knowledge to your
knowledge why bitcoin came to
fill a void a missing link that
you didn't know how to fill it in no and
so it's your downfall it was a crazy study
every day we fully achieve a
pressure I launched at five in the
tomorrow practically every day and I
I start to study I start to see
youtube practically because reading
It is very good but it is true to read
Well, for dedicating a very specific part
of time to the level of concentration and
others but nevertheless with youtube with
other podcasts and others may be well
while you go to work while walking
while you take the dog out mind to do
anything becomes a
fine rain that gradually falls and
at the end home absorbing a volume
not of immense knowledge
and that
it was
for all podcasts all
articles all interviews everything
what can be said everything was with
she does not pass this year practically we
we put a year after the garden that is
that we are leaving like May 2021 ago
practically five months and suddenly
five days after what you
Do you think it's worth I already have everything
fitted all my bitcoin pieces have
embedded
five days after that time
you write a book in five days
start and finish nonstop and it is said
I was literally working at the time
because there is a little reduction
working day at that time of nine
at half past six or so then
finish work and could write to me
I have two very good friends and not yet
I was sending each one of the
chapters that I was writing
They were checking and literally two
chapters a day had just started
write at 7 p.m. and finished
at two in the morning something like that and the
book came out because I share a part
little long but five days we are going a
little that has come out as well as the
stroke of genius in quotes that
comes out suddenly to see say that this book
this book has not been published in fact
is looking for a publisher and publisher who
can publish both in Spanish and in
in the very near future in English and I
I have been lucky that well
that contacts me this that that me
you wrote this summer write me have
arrived I am lucky that they have
arrived other drafts of books and by
example he passed me a technical part
of his book and we were like
reviewing but I'm fatal of time
always and also when someone asks me
Today he cares to take a look at him
book
without caring I don't care or what happens
I don't know when I'll be able to do it and I think
that your book fell into my hands in a
moment as very sweet was ending
from reading atlas shrugged and how
I was with that monkey to keep reading and
gave him the opportunity and there was something that
hook is that it is very brief
So it was like I didn't care
read one more chapter and one more chapter and
without wanting to, you plant yourself at the end and I
I think if there is a way to explain
to define this book is these books
finitos that we have that are the best
what is like inventing bitcoin or what
there are 90 pages or these fine ones that it has
antonopoulos that since it is not like a
bitcoin pattern that scares you that you see 200
300 pages and you say uff no no this is
short and it fits me very well and that's why
that dazzled me but of course I began to
pull the thread and well now today
We will talk about the book, we will break it down
shortly before its publication
I hope that it causes a lot of formation and that that
cause people to press any
publisher to publish it because
I think we are always translating
English works
these wonderful little works
They always come translated from English and
this looks like a play to me
perfect to give to any guy
of a person but that does not stay in the
superficial that does not stay in bitcoin
It is another form of money no no no
here it is I can give it to my father
or my grandfather and he will be able to
understand the importance of bitcoin but
in a sphere that seems to me very
interesting because it had not been touched or
at least i hadn't seen it that way
other books so I congratulate you
I appreciate that you count on me for
this previous reading and I really hope
for the good of all that this is
publish soon said this álvaro
let's jump to the book the book to me
It has arrived with a title, I don't know if it's the
professional or tentative philosophy
of bitcoin and the book for me like that
is built on a state of crisis
in which you say that good is a state
of crisis in which we are living
without many realizing there is
some who are beginning to realize
they are making us blind that we are
in a state of crisis you speak in
concrete of two crises that have gone
aggravating and that thanks to bitcoin or by
cause of bitcoin because they almost do not have
going backwards, no, you can't, no
we can return to the previous state later
I also really like that you define
crisis because of course a crisis yes
I understand that it is something like a
bad moment not a moment of impasse a
moment when
to skinny dog ​​all are fleas but the
your definition of crisis is a
judgment that involves judging again the
usual criteria a judgment of judgment
or as Francisco would say, they find that
that's why I relate it a lot in the
atlas shrugged is a crisis implies
reevaluate its premises such as that
you have some knowledge that you
you consider them to be your pillars and a
crisis is to reassess whether those pillars are
they are such I do not open what crisis is
living all humanity because of
bitcoin now
I think we are facing a crisis
during two crises mainly the
crisis of the state that is a form of
very specific policy and I believe that this
It is the main mistake that is committed in
terms of political philosophy is not the
identify the state with the form
normal policy or with the policy form
today this is a very political form
concrete and very peculiar and then
we will go into that matter if you want
because it is an important part of this
podcast and the book and the other great
crisis is the crisis
of political authority in the sense
of pegged to the currency undoubtedly
that is already a topic that has been
treated on other occasions and on other
books the record I think it's going to
introduce a very significant crisis
in that in the connection that we have of the
currency in a broad sense, not in the
sense that the currency is pegged
to the political authority the money
it is always a state money a money
which depends on a validation
state not
here what you have mentioned now is that
The crisis we are experiencing is that of
the currency and the state
and obviously I'm going to jump right into
talking about both I am very interested in the one of the
been but I also liked reading
in the book that it is curious that the
people are not realizing that
we are in a crisis or that people
makes the blind in front of this situation
and there in the book you talk about what
important or how difficult it is to talk
with beliefs like that we have some
deep-rooted beliefs no and that you are
two crises are closely related to two
beliefs could not develop a
little more this is
beliefs so to speak do not hold
They are part of the environment in which we
we move and constitute ourselves in a way
very personal and very intimate, not for that reason very
hard
to discuss any issue with
this because a person when he enters
crisis a belief enters a crisis
we find ourselves as a kind of abyss
Between us we don't know how to get out
we do not know how to advance how
to continue in particular in the crises of
political ideas
we need a new tool for
that allows us to get out of that situation
in which we find ourselves and these ideas
these new ideas that appear are the
that allow us to overcome that no but
realize that certain ideas
policies are entering into crisis or
certain beliefs are coming into
crisis is something that not everyone knows
realize of lyon or so it is very
difficult to try to reason or
talk to a person who still knows
lies within that belief
to cope
I believe that, for example, a large part of
those of the criticism that bitcoin receives
they go because people still move
inside disaster defeat us they are not able
to assimilate that those beliefs have
entered into crisis and are so to speak
that is the natural way to react in
against against those who attack those
beliefs because they are part of them
themselves are not part of what
constitutes then if you attack those
beliefs fail the state another house the
fiat money or attack another type of
issues later will be like an attack
staff then it is very easy to
scramble or reject them from start
make a very bad impression on them
I like this because I would give it would be a
good explanation to this not to what
you sometimes sit with people very much like you
you have a high esteem or
do you consider educated people
dialogue and that to whom you speak a
bit of bitcoin and you explain to them what
they raise at least on the monetary side
and you see how it stirs, no, that is, like
how are they doing no with their heads
It's like who can't be no and me
liked this part of understanding that
who is us bitcoin challenges are
beliefs are beliefs in this case a
belief related to the state and by
another side in the belief related to
the money that in the end is very sensitive
because it is what we work for is
what we stop being with our
loved ones eight hours a day
to accumulate money and without if we are
to challenge money is to challenge well
our life and there are people who will be in
their end of work cycle and at the end
you are challenging all their investment of
vital time
exact
that's just when you're posing
For example, the pension system
may go bankrupt or may not have or
receive the pension I expected, I don't think
that they wanted automatically no no no the
state guarantees it to me I have contracted
a right against the state that goes to me
to provide not then at the moment in which
that you realize that this does not have
why be so that there is no such kind of
question that is literally saying
what you have done 30 or 40 percent
hundred of the time of your life
is not going to translate into what you
you expected
to assume that is obviously a very
lasts not because it is a belief to which
act lived and with which you live great
part of your time then it is very
difficult to give it up and only
when you realize that you are
beliefs and bran because they do not comply with
the expectations they were meeting
they are promising
when it is to that idea or that belief
enters a crisis no and that's when
recovers its historical character for this
say no to contingent your
character not required no no is not
necessary is not is not a prerequisite
necessary that the state will have to
guarantee a pension
that allows you to live the rest of your life
it's probably in fact that I can't
fulfill it not when you realize that
you need new ideas new ways of
acting out new ways of behaving
new ways to relate color
others that allow you to overcome that
crisis of that historical idea, not that of
that historical belief that enters big
you need to move into a new belief
move into a new idea that allows you
only solve those problems that
old beliefs no longer allow
and so many things
two
one is the part of the historical idea that
now now I ask you and the other one of
the bitcoin community say it because
sometimes I forget later when I
I start to ramble and the first thing is what
what you said is that a belief when
you overcome them when you uproot her from
you and you can see it from the outside, no
you do as the zoom to useful and you understand
what is the component of that idea and of
that belief forgiveness become a
idea not in a concept that you can't
well, what to turn around 3d not like
we would do now with the 3d objects as
that you can understand and analyze it but
that then once you have done that you
you have removed a part of you that abandonment
It's not that feeling orphaned is what
leads you to look for mechanisms to
cope with that new reality and here it is
where you incorporated the other point than this
could be the reason why when
we started to be interested in bitcoin without
having done it before we joined a
telegram community and we started to
make virtual friends with some
super strong connections i have friends
in bitcoin what what what I did
years that I did not make friends like this
way and perhaps one of the reasons I just
to see that there is that connection so
strong is that because we are people who
we are uprooting beliefs and that
we are finding in these communities
people who are like us looking for
mechanisms to overcome it not exact
just about that, this did not look very good
ortega who has an article
precisely what is called ideas and
beliefs in which it develops very well
all these kinds of issues no and I
I think it's totally like that
precisely for this reason when the state
is entering a crisis I believe with
appear new political forms
The main analysis problem
equate state political society
the political community is that it annuls the
imagination in politics first you analyze
erroneously the societies and forms
pre-state policies and second no
you think of new political forms that
can be developed
I think that this is exactly what we are going to
begin to see and continue in this
century and in the next are the new
political forms that will appear
after the state crisis
let's jump right in first
crisis that I believe is also that of
the most touched whoever reads the book me
I think it's the section, it's also like
placed at the beginning and is the section
that serves for the nowitzki to have a
way to introduce them
many of the reasons why
bitcoin I have not found some aspect
interesting that I would like to try
with you that is bitcoin what model of
currency is the one that is putting in crisis
In general, the concept of currency in
crisis because the currency as such appears
as a way of relating
economically where trust is
deposits in the political authority
where the currency is authorized and
validated by the political authority
that's what ends well with it because
it does not depend on third parties what can
seem very strange that when
you try to explain well to others
no but the states will kill him no
but this will depend on someone no but
if it is known who is behind bitcoin
its price will be worth zero things of this
style
Of course it is fair to put an end to the
dependence on political authority
for the issuance of a currency is a
barbaric is not literally is a
change in the concrete conception of what
what is the currency what you say about what
it really is that we break with the currency
I do recover an idea that he told me
daniel fernández in the post of the pri
mentalism to the gold standard in which in
theory the coin is usually placed in its
origin in libya
correct me if i'm not quite with
that thesis not here is a very
interesting that is the philosophy of
coin of the carlos martín moaning
where he analyzes precisely that in Libya
It's not exactly a coin as such.
what is there because there is what is there is
metallic exchanges the mainly
no but the character of the currency
is given by the political authority by the
validation of political authority
because it no longer depends on individuals
concretes that exchange those metals
each other and depends on the trust between
parts but the validation of the
political authority already abolishes the
need for trust between parties
because trust is placed in the
remaining political power validates
that money and that's where it appears
currency as such and this is
places a principle in the plunder add
No
even if it's not correct about lidia me
I recover what Daniel explained for
reinforce this idea of ​​putting trust
in the ruler in that case I think
he was a king the metals were wearing
the seal did not remain as faith of purity
of the amount and then he was just
a stamp but then the metal left
reducing until the seal covered
the entire surface of the metal and so it is
How is currency created, that is, when
In the end, a coin is a piece sealed in
its entirety and that therefore what
we are doing is respecting that seal
and who puts that stamp well the authority
from that moment I already say no no I don't know
ok but i think he was a king in the in
back then
I liked what you said already
we stop relating to each other
Look, look, I'll give you a piece of metal.
heavy
look at the purity and tell me how much I owe you or
how much do you give me back from this we spend from
that a no no we are not going to trust that the
who has put the seal has done it
well we take away a responsibility
Exactly this looks very good to put at
coach has a nature item
of the company where he analyzes why
there are companies I would not say the
conclusion that companies reduce
transaction costs in what he
called transaction costs does not
they gave the nobel for this for this
article among other things and is that the
trading posts are a thing
difficult to understand or comprehend
It is not that they are all those costs that
are linked to the exchange but that
do not materialize in a price no
because, for example, companies do not
why these companies
the concrete article by the barn
novel that reduce all these costs the
does not in the price of hiring a
person not only goes as only included
not only if they bear in mind the cost per
the service it provides but all
learning teaching costs that
of not having to be interviewing
constantly to people of not having to
be dedicating
and all this time and all this effort
and money too and resources of all kinds
of more issues is in this sense the
currency than a political character when
It is no longer a matter of envy for
example that it was an exchange of
metals between parts because yes that
they had to need to trust the
other party until verifying and validating the
metals that were exchanged but
reduces transaction costs
say reduces for example the need to
qom to check or to verify the
validity of these coins
they delivered because
trust directly in political power
not everything from headquarters establishes as one
currency that is valid throughout the territory
that encompasses, so to speak, that power
politician and is the one that is trusted and
that's the way they are made
transaction costs not because they already
you don't have to validate you don't have to anymore
check all that no and that's why
ends up establishing now we have
That is precisely a great disadvantage.
of bitcoin or that greatly oppresses but
normally transaction costs you don't
you have to depend on a third party
you have to wait practically nothing
you have to trust no one you can
review absolutely everything is
unstoppable you don't need to change to another
currency for transactions
have a number of qualities
think that it is a change of the process of
historical intentions
and not not to see it like that, not to analyze it like that, I
I think it's a catastrophic mistake
and eradicate I fine what returns us
to that point in which it was traded between
couple I write a mini article with
much less ambitious than the
digitization that really matter or
something like bitcoin because we have lived
a time i at least like a millennial
for we have lived through a time of
revolution
with paypal it was a revolution for
put it this way a reduction of friction
spectacular and that digitization gives you
the feeling that is really a
innovation but it was not the replication of
what we already had in physical format that
it was to trust a third party not and bitcoin
allows you to interact digitally as
it was done even before the coin already
be Libya or be the other time
historical, that is, it is that revolutionary
but without depending on third parties it is not
understand that I think the most
important of all not to understand why not
compete with no other
because the immunity factor does depend
from third parties and can be manipulated if
they can
then depend on others not
achieve it the revolutionary thing about bitcoin is
get digital scarcity gogh and the
no dependence on third parties that analyze
that's what gives it character
historical or similar to gunpowder a
thing like that is not a few type
more things can be compared to this
I'm going to release a concept that you leave
out there in the book that is also very
related to gunpowder and is
the relationship between innovation and
destruction
of course bitcoin although it does one thing that
it was done thousands of years ago
raises a lot of innovations and that
had in the book you say that a
innovation is destruction as we have
to understand this exact I think
part consubstantial to any type of
innovation exposes the destruction of
what they replace for example
let's think about smartphones
smartphones leave radio behind
shortage that is to say to the camera of photos in
to a large extent certain computers to the
courier to sending letters and give the
new internet a lot of things
even together they are more concrete and more
punctual as we can see that the
software in the end is monopolizing a
lot of market let's not say for example
as his seeing leaves behind the model of
taxis and tesla if you can get
those autonomous software to leave behind
the uber musician and the model
taxis not because it is to undertake you will come to
pick up an autonomous car and it will take you to
your destination port
Clearly then in this sense we see that
any type of technological innovation
always destroy the above in the case
concrete of the luguistas for example
when they appear precisely with the
destructive innovation technology great
industrial Revolution
and of course when you have people
running and making clothes and making you
total prayer suddenly mind is
industrial machinery to produce
textile all those jobs like
expendable because because they are no longer
necessary for that
destroys innovation destroys a lot
and in this case of course we are facing a
innovation is brutal in fact so brutal
that is capable of redefining the right of
property is not that they are a quantity of
immense stuff is not allowed an access to
incredible money worth confiscates
skill is unblameable is unstoppable
with a number of qualities and
properties and issues that are
we go
impressive not then has the
destruction has to be proportional to
the innovations they represent and of course
Obviously, the first thing that gives you
the feeling is that it is going to go to waste
are all those assets with which
compete
or at least a significant part
of them and what I try to analyze in
the book is how it can also end
with a political form
[Music]
I am going to focus on a word that you have
said now that for me it is one of the
aspects of the book of this part of the
currency crisis
What has fascinated me the most is the
redefinition of private property
always, that is, because it has fascinated me, it is
because we almost always see it from the
point of view of the bitcoin earl that is
what I am and what it is well yes yes this is and
confiscate but but no I had not stopped
to think about it is from the other side from
the side of
what does this mean for the state by
example not the fact that bitcoin is
with prosecutors then not if we can
expand a little more in this section of
of how revolutionary it is to beat with in
private property of course let's think
and all goods have always been with
fiscal that really the property us
has given away what has been him
well the state political action is
say that someone could always come to
confiscate tea in what he had
always could
censor you of the commercial possibility
there could always be some way
that you were not the owner of everything
Ultimately what you had
pastor quotes it a lot adolfo also
said what we are
beneficial owners of the ultimate property
instance always depends ultimately
stay of the state because we have in
an objective property
I have my words I have my
Custody of my bitcoin no one gave it to me
Nobody can take me away, then torture me, but
if I don't tell you that you can't
remove my seen in I have done well the
procedure I have good custody
incontestable this supposes for example
to see it quickly
What if I have done the procedure correctly?
without identifying myself without roots etc etc etc
I can have state property I don't know
Why do I have it, you can't record it for me
You can't tax that and even though
I wanted to put it and I don't just want to pay
I can't get them so I know
affects tax first
second you affect his authority that
that's not a crisis of strong authority
The one who can't tax is something
cannot pay taxes on something second
affects, for example, the criminal sanction
economical if you have all your
heritage in biskek for example and
they want to put some sanctions
and they can't make you an embargo like
now it's your bank account you put one
a traffic ticket that you do not pay arrive
to your bank account and they mark it with
disc in that they cannot do it but neither
even in criminal trials let's think
For example, a person who robs a bank
and steal a million euros and pass it on
all his father and all that happens this
Victoria could put you in jail
could
torture if they want but they couldn't
getting that money back doesn't end in great
measure ends that possibility of
do justice on behalf of the state and
that has very strong issues and
obviously I think it's going to give a crisis
of very strong authority of power
political not that promises much and is
is considered sovereign is considered
omnipotent and with this a 5 year old boy
to sing face without any type of
difficulty and embarrass myself
complete I think that is a crisis
of authority very very very very strong
and many more things of course because yes
We began to analyze the crisis of the
possible public debt of more could
to me this chapter and more that I treat it
with you out of pod is one of the things
What has hallucinated me the most in the sense of
what has he done to me
realize the draft
bitcoin
for all those above
for all those who at the moment many of
they continue to ignore the many of
they follow in
in the 2014 narrative of what matters
it's block sing and what we're going to do is
to be a cbdc
to take what interests us
bitcoin but what they are not seeing is
what is this
passes over them but in one
totally unknown dimension me
I have the feeling that not even
Latinos are living in parallel worlds
completely and did not pay attention
we think that I am already a person
in quotes with some training in
political philosophy social employment law
and everything else has taken me a year
approximately realizing and many
hours a day between 67 hours a day give me
realize the implications of this
people are usually very busy or
is to another type of questions and others
no they have not dedicated the time
necessary
to a change of these dimensions
and I think he's going to get that but no
no no just to hope that
surprise misfortunes were going to come very
not late
and the truth is that not although it gives the
feeling that they are human beings
very technical and also like all this
jane blog system and stuff like that
it sounds very good to them and they always treat each other
of unseen and unseen and unseen and not
it's good ching it's something else they are the ones that
with coins is digital I don't know what
I never never give it importance
seen not even inside people
and that has as an excuse effectively
against beliefs they do not want to pay attention
they don't want to pay attention
attention that you need that you require and
This happens a lot, for example, between
youtubers willy rec without going any further
pay close attention to approx gameloft
in the accounts that you specially put to
look at the next does not have any kind of
meaning in quotes not when you have
no type of utility that only has
useful bitcoin blogging in the
sense that what is capable of
reduce is that dependence on third parties
in all other cases for objects
physical for other types of issues
worth absolutely nothing and what
novelty of vicens is also the own
words
This detailed it very well, it deserves no
deserved that I have a lot many times
staff between meals always
intellectual microsoft
because if a person like
with very sane mind not very straight
criteria in this sense, of course.
loose well so clear so clear so
of course he walked as I realized
automatically what you wanted to say
effectively
you realize that there is another type
of a block project that has nothing
no kind of sense actually leads
assisting since 1991 something like this and
until bitcoin does not appear on the
reality as important guy because not
the earth
we could continue in the crisis of the
currency you have very interesting sections
we do not try to do a reading in
podcast version of the book I just hope
that you can be accessible to everyone and
that they can shell and so I stay
with this part that I think is that
It takes a lot to this second one that we are going to
treat that it is the crisis of the state
what is the part this of how the
private property really becomes
private property because it gives the feeling
that when you reflect when I eat
we said before the belief of the
current private property we turn it
ideal we make an abstraction and the
we return historical idea we can see it
from outside and analyzing it gives you the
feeling that what we have had up to
now it's been an illusion an illusion of
private property, which is what
private property that has allowed us
have for that when there is always some
black sheep that goes astray runs out
ends up losing everything because the state
or the ruler of the day puts it between
between puts it between eyebrows and
removes absolutely everything is not accurate
that is so to speak my approach
initial not me until 2018 are the things and
I focused is mainly on studying
milk skin edge state theory
these types of questions and it gives me the
feeling that the state was in crisis
but there was no possible way
do anything against him no because if you
you did something because the rulers were going to
go against you and to death and having all
the plants to win the state I do not
I miss it, not much less than
I recognize your entity and I recognize your
capacity and its power to destroy
life literally
then of course there was no
possible space no possible way of
to face it but nevertheless I saw that
it was a political form that was already
exhausted and no longer gave of himself and that
everything was to put sticks in the wheels that
everything was hindering even his own
functioning
and suddenly of course well it clicks
princess is already here we have the
cyberspace we have here bitcoin and
against this they can do nothing nothing is
any
let's let's shell the word
been because it is one of the things with
that I read your book twice and in
the second has been to have it very
fresh for this talk not and the in the
second time I understood much more than
in the first but not because it is not
of course the book but that there is
concepts and here I raised my hand and
I'm like the idiot of the class if he does
missing but that I did not understand well
that it was the state or maybe I had it
as a belief and what you have done
with this book has been
that I could make this abstraction and
they will never start doing it from outside
It has interested me
then i would like before
assault to follow
theorizing about what happens with bitcoin and
the state I would like to stop for a moment and
explain explaining what this is about
been because as he said he believes something
for me the state is a belief or was
a belief and you say that
this belief we cannot understand
as a concept applicable to any
political society, that is, like the
state is not eternal and this tells us
we have to get out of our heads how it is
this exact also this was one of the
things that impressed me the most
staff directly who was giving me
realize that indeed that this
conception we have that our
political reality has been eternal is
false
the state is never a political form
very concrete that has its origin in the
16th century
and since then, he experiences a
series of changes too but the forms
previous policies were not forms
state policies this can be seen
very well for example the word state
appears for the first time in some
overflow now not Machiavelli's no
appears before does not appear before the century
15 can't find it without any text
It also gives me because they moved me in
certain liberal environments and others and
I also met the black store that
He handles these types of issues very well.
who is a state historian very
good and a lot of carl schmitt that
He also knows all this very well
to touch them I have an article
brilliant detailing all of this
What is the state as a concrete concept?
linked to a historical period
it is what makes proper the state that it is
what makes the state characteristic that
cannot be applied to another form
legal, it was very easy for me to see it
in quotes to do to study
a lot of history of leds I'm going to stop you
because you have so much knowledge that
for someone, that is, someone who doesn't
It has like me yes I see things that you
you take for granted and no I no no no it's not
so then I will continue to brake you and
I want you to explain something else to me
constantly the state you are saying
constantly the state is not a
political reality a political society
eternal and all the while society reality
politics the political in the book too
You already say how we can understand what it is
this of a society or reality
there is no word to define this
as such then the state came to
hair to be the the word that
we use to express this is not this
because this had not been given one
word not in political community that
there is a political community
Of course, the form always
we organize based on some kind of
form always appears some kind of
power that tries to extend the form in
the one we live
in our experience growing up from a
group the way that group lives
It's not the power that guarantees that way
of life together so to speak we can
say that this is political
that concrete defense of that is that group
that closes to defend its
beliefs to defend their way of life
to defend their religion to defend
everything they believe in
of course the state comes to hair because
everything apply this any
word to describe that science
Politics is also a science that is
developed in the 19th century
approximately is just when the
state is at its best
then
from the perfect shape and the shape
that you apply to analyze the rest of
past political societies also with
their categories with their with their ideas
full but it is very difficult to see or it is very
hard to see why this is
important why this has not been
so historically
this looks really good
It seems to me not when you analyze the
right when abroad the right
because it is a very clear distinction between
authority and power what you see
that this power precisely that is
constitutes to uphold these beliefs
is not the same as authority and that gives
validity to those that are not normally or
historically they have been quite
separated at least in the west and
about especially well both in rome
as in christianity
you clearly see how
political power does not create law
that the identification between right and
law is a modern production
and political power submitted to the
authority no and as the case concrete me
No, for example, the law in Rome was not
creation of political power not the
Roman law were the jurisprudent
private were those who determined that
It was fair in the specific case that
determined what was to be
give each one to solve a case
particular when a person claimed
justice was resorted to these poor
speakers for what is a solution of
right to a fair solution to the case
not concrete
exists that I have because this maybe can
bring some light I finished
architecture and how speed was
After studying I got into law, I don't know
I lasted a quarter because I started right
and I started my company and it was like having or
one or the other but you can't be
counted but I really liked the
part of the jurisprudence that is a
word that is thrown many times there
but at least i had no idea
what it meant and how I understood it
maybe wrong but the jurisprudence is
andtry
see if something is right or wrong in
based on the traditional to what has been
I have been accepting as good and as bad
Exactly that is the art of giving to each one
his thing and if it is something new it is about
to see what is new and how it is
can articulate based on what they have
said others previously and in the case
concrete
peculiar to try to do justice in that
specific case but it was an art they were some
specialized people that is the
creation of rome in quotes not the
Right the Greek polis for example not
there was right there was no art of
determine what was fair in the case
concrete there was no art
of specific people specialized in
determine what is the best solution to
a problem a conflict
then
that's how you said now in rome the
authority
were these jurisprudents who were a
little those who acted as judges in some
type of dispute those who analyzed what
what was being done up to now
in theory it was considered in that society
like like just right exact had
a very clear distinction between knowledge
socially recognized and the power
socially recognized was not understood
that law was not a matter of
bailiffs was a matter of prudent was
question of a knowledge that determined that
it was the right thing to do these people didn't have one
law that led to political power and had
to subsume the case in the law or anything
of this style these connections are not very
very very very recent I'm not talking
of about 400 years a hundred years a
corrective there was no law then there was
law but the law had a very
peculiar very concrete very little there was no
legislation as such were very
of social ordering and was not
first source of law, that is, the
judge was not forced to follow what
said the political power to determine
in a lawsuit who was right or what
had to be applied or what justice had
than to make it into one thing completely
separated then look much better
and you look at Christianity not because
example in the discovery of america
when the territories of the
new discovery by the colon
assigns us with the Alexandrian bulls the
dad profile is the one who recognizes
the
ownership of those territories álava
Hispanic to the Catholic Monarchs
with the Alexandrian bulls and the penalty
between meals for breaking that authority
of the pope was the excommunication it was not that yes
someone invaded that territory that you were
as a side if you did not have the authorization
pertinent not there it is seen very clearly
like political power kings
Catholics who actually are
emperors
in the world they do not have a June list
they don't have that they don't have authority to
determine that this new territory of yours
I plant days the age the paper so
subjected to authority is very clear
the distinction between power and
authority and this is precisely what
characteristic of the state not the merge
the power and authority the potestas
the author
I mean, I know where we are leading because I
read the book obviously but it's something
that costs a lot
I don't want to stop for a moment here
understanding authority here we have
mixed 222 historical ideas is this
political management we are not going to call him
state that is what you said now that
the state called it all no no no
there is this set of political norms
that they used in Rome there were some
jurisprudent here there was no religion
we are talking about some people who
dedicated to judging based on evaluating in
Based on what is commonly understood
as good or bad curious by the way that
in the United States and in England
legal model is based a lot on this in
case law in the exact common low
they are the heirs of this model and
that is why in them the state form and the
sovereignty they are alien they are alien ideas no
to look it is very clear in the
distinction between the separation of
powers to use for the model
America and the division of powers
use the continental European model
there is talk of a separation
strong and here they are talking about the
power is merged but that is divided
merger of powers is precisely the
fusion of sovereignty the fusion of
power and authority for example in
england a judge that is not a policeman
he can sanction you I can't with one
fine there are lay judges that is to say that
they are unaware of the right that they are
that in the police notifies a possible
fine and they are the ones who decide if the
put or not for us to see
this very sharp difference between the
models where an authority is maintained
there is a separation of powers and the
let them notice the french revolution
american revolution has nothing to do
see in this sense
When I'm straight, I found this funny
not that in the continental model
we have constitutions that fix a little
the rules, that is, it's like
we rewrote the rules from a moment
determined the Spanish since from the
death from franc onwards no and
in English or American law
common law has the laws that are
these commonly accepted rules from
since it became known
British Empire and before that is
they have those rules
stupid girls that sometimes come out in the
news that they have removed a law that
allowed that if a Scotsman entered
I do not know what English territory could be
kill with crossbow not because they were like
rules that had remained as there
accumulated that was well I guess
for two hundred years should be
more normal with which a
Scottish and I have to kill him with
crossbow but that knowledge
It was permeating that is what has added
what is right and what is
wrong while here from
certain moment we have believed
capable has run with problems and
with virtues but we have believed
capable of redefining everything and making
like a reboot from a certain moment no
this all this idea all this that
we are discussing is to reinforce the
separation from the authority that was this
jurisprudence in rome' also and in the
Spanish Empire
Exactly, let's think about the USA, for example.
because what you have actually commented
That's the way I think that in the US there is no state
as such because the idea of ​​sovereignty
is foreign to the american revolution
not a distinct political innovation
by a separation of powers very
cutting
and for example a judge can annul a
political order when it comes to prevented
people people of some countries
muslim prisoners focus on in
United States a private judge who
canceled an order of the president of the usa
let's not think about that now we think about
how a strong separation of powers
there remains still not process of
that everything that may seem
and yet this here in the system
continental lacks completely
sense not because political power
with the party system that makes
the law he who executes it and the judges his
role is essentially to subsume the case
concrete that is presented to them in the law
What has political power done?
then
no no there is no so to speak separation of
powers all power is concentrated
all power is merged
and this this is a bit the question not of
try to discriminate well the bod and not
precisely the one who performs this
fusion is not fusion of sovereignty the
idea that the authoritas and the power
preside mainly in the monarch not
this is the main historical step of
monarchies, for example, such as the
Hispanic that she did recognize this
discrimination clearly not for example
As we have commented before formulations
andean later
the discussions that were held for example
on the indians on the runoff
I feared having them from America from Sepúlveda
with bartolomé de las casas he was not the king
the one who decided as such the one who did his
will to make legislation but
who delegated to those who knew about
The authority
Well, in fact, I think that Brazil is
Portuguese also for a topic that
the church ends up deciding because I don't know
that the story that I remember not
It must be, that is, it must not be very
correct but that a little there was
arrived a priest had evan hill to a
Portuguese priest had evangelized the
territory of brazil and that had arrived
because the sea had taken him sa for de
signs of god and in the end the church
as it was the one that granted that
territory to portugal and not to the empire
Spanish like something like that
It seems that the exact topic was going this is
this is the central issue not that the state
is constituted largely against the
catholic church this is a bit lo
central not in the catholic church that
has a primary intent
universalist
that is to say, for example, the Spanish empire
does not try to evangelize the whole world
tries to conquer and evangelize everything
the world ends up being confronted by
Protestant traits
let's not think for example how it breaks
Anglicanism with Enrico with the eighth
who wants to divorce does not want
recognize the authority of the pope
Anyone recognize the authority of the s
he himself becomes the head of the
Anglican church being authority and
power at the same time does not become
in the head of the church the ideas of
body have mainly no development
in France there is no idea of ​​​​the merger that
here we get the bourbons for example
This is also very clear if analyzing
the history of law in spain not the
fueros for someone who has
that tries to analyze the fueros from
the perspective of the state is
incomprehensible not because they are the forms
legal entities in which they are organized
territorially part of different
states precisely the input of
The idea of ​​sovereignty in Spain is
produced with the entry of the Bourbons to
the succession of the war of the war of
succession when Felipe Quinto arrives
The first thing he does is remove the privileges
with the new plant decrees for
catalonia the way it is
expressed there it looks very good and very
clear as this idea of ​​sovereignty of
this rent
the king is a sovereign who is in
possession in capacity to despise the
ways in which they are organized and what
consider consider making their way
justice the territories or the various
populations of regions or communities
policies that he is able to
special or suppress them is exempt from
fulfill the rights not and that's what I am here
very clear not like the bourbons
organize
and super clear authority
power I know that you are already in the
sovereignty that is the mixture of the twelve
the union in a single visible head the
monarch the absolute monarch that is the
sovereignty but I just don't
understand what role they painted or which one
was the authority before this merger
if the church is telling me if a
territory can be mine can not be
mine and it is a bit of end marking the
that today we understand as law not what it is
correct and it is not correct who judges
are these jurisprudents of the church
what was the role of the power which
the function of the power was the defense
mainly of these beliefs is
say the defense
essentially of this way of life in
common
and natural spontaneous that was the one that
they tried to defend not the
protest ago also had a lot
prestige had a lot of recognition
social and, for example, let's think about the
wars not how they were made
spiritually reconquer why
we say no that against the
Moors not for the defense of a faith for the
defense of a way of life in common
that is done from the power not with the
authorization of the authority no but with
power even to war
Spanish civil, for example, is done from
the authority in quotes with the
authorization of the church as a
crusade not in religious terms in
terms of authority to recognize this
external authority political power
a bit like security like the
damp feeling like they do a bit
of interior ministry that is your
role is essentially one of security and
defense of the political community
and then what was coming is introduced
now body does not create the figure of the
sovereignty we love bitcoins
this of we are sovereign sovereigns such
we have the word sovereignty
thank woody not with this idea of
union of authority and power in a
only person at least his rebate of the
religious level at the political level is not
woody does not attribute it to the monarch and therefore
true this looks very good the step of
monarchies to monarchies
absolute not in the sense that
every monarchy is an absolute monarchy
absolute monarchy is one thing
relatively modern relatively
recent is precisely that which
also makes the law and the law being a
legal imperative for rights by
so to speak a main source for the
right not a right period
kings did not make laws mainly
They were lawyers in another type of power
national politician and legion the question
It is this idea of ​​sovereignty that bolted and not
attributed to monarchs doing
absolute monarchies ends up generating
for his behavior for his way of acting
ends up generating an apparatus of power not
that that is concretely what it is
state that ends up emancipating from
those montages
and then, for example, in Europe you see
very well as the sovereignty of the
monarchs pass in the french revolution
to the nation and thanks to the reduction
French the political concept that
develop them is the in action
politics is that of the set of
sovereign citizens that is to say with them
those who decide for good and evil
about what are the rules that must be
do as a group of citizens
individual
it wasn't there before it's not one it's one
own creation of the revolution
french
and it is precisely this apparatus of power
that is to say, the one that is going to act based on
to this idea of ​​sovereignty based on this
idea of ​​creating the law and being the maximum
authority both
political as legal and is the one that goes
absorbing more and more and more
powers not for example but it is a
nonsense in quotes is fine in
the passage of canon law not how
The church was the jail for the right to
Today, for example, there is a subject in
whatever law degree it is
ecclesiastical law of the state, that is,
now and state regulates up to the right
of the church
ss this looks very clearly not like
absorbs all authority all all all
all to authority
and it is precisely for this reason that
the citizens follow and this has
also a religious component that is
when bobby does not ascribe sovereignty
the monarch is giving them the authority
to determine what is right
and what is wrong is a character
very clear religious
and it is precisely for this reason that the
people have used between meals at
state not as a provider state
and on the right it looks great too
because it happens to be the right as a
thing that is trying to solve a
problem in the concrete case trying to
read the social relations asking for the
right to new social relations
that are appearing to be a reality
that it is about creating creating
new situations to build new
legal relationships to build new
obligations that were not previously
that do not arise spontaneously
then i passed a right that is
read the social reality to a right that
is to make social reality and the
been the creator of social reality
computer you will be
I don't know very well also in the codes
for example when we talk for example
the justinian code of justinian in
Roman law in norms that the
compilation of sentences that had
said other predisposing the code of
Napoleon is already a thing medically
different is not a code or a
constitution a code since structure
the social reality that structures
organs the devices how it is controlled
everything how everything is structured
has to subdue everything radically
different from the administration too
this radically different issue
there was no administration as such in
Roma' brings a creation of its own
french revolution too many
we recapitulate we had the
authority and separate power
if you don't believe this concept of sovereignty
that desacralizes removes expels this
that religious part unites it in a single
figure that at the beginning is the monarch that
by uniting these two powers it becomes
absolute monarch that absolute monarch
inadvertently what you are creating is
a monster neither good nor evil is creating
a figure that is superior to him than to
being able to exercise these two powers is
creating a management apparatus and this
management apparatus ends up becoming
in the prototype state not the chapter
zero of the states this apparatus of
coordination management because before
We have said that what we are talking about
here is political realities and the
political realities are that set of
norms that by which we abide by the
that we citizens live together, not the
humans then this device that creates
inadvertently the absolute monarchs
ends up being a new political reality
that is emancipated that becomes independent of the
monarchy to become the national
from town
this we see the clear moment is the
french revolution and the state continues
endures but instead of being a monarch
what ends up being the most
common we see now is a democracy
and I like that in a note that you have in
the book at the bottom of the page
you say that in the end
be it a dictator or a monarch though
in the end is it a dictator or a democracy
only to me they are all are states because
end up being
oligarchies of some four years
others without indefinite but what
I mean, I liked understanding this way
state policy understanding that
both one the dictatorship that exists in dubai
like the like the democracy we have
in Spain they follow the same political form
what is the state in this next
Exactly in this case the note that you
you mean is robert michels of the
iron law of oligarchies is
to say that one always rules
oligarchy always rules a minority
is never a concrete individual is never
all the people always government of
some minority not an oligarchy and
indeed this state form is
universalist not because it universalizes
the way and the way is to treat it
precisely with the discovery of
america between quotes totals the
land no and an essential feature
of the state is the border delimitation
is once the whole territory is
delimited there is no capacity for the
territorial overflow but that each
territory corresponds specifically
with a state with a power between
quotation marks
and this is the this is the central theme for
what
the state is the form of organization
space
in that political way that they appear
again in modernity this is not
is overwhelmed in quotes by the
cyberspace because it is a new space
that they are not able to control and that
goes beyond that political power even that
political authority of the state unclear
we'll see it too if you want later
why
is in crisis in my opinion
In other words, you say that the state is born from the
creation of borders
limitation of territories and is a
shape that fits perfectly as a
glove for political management within
of these closed territories and that the
cyberspace begins to be the first
crack in the wall not exact condition
rationalizer of the territory is
centralist is homogenizer is creative
of that social reality within that
territories does not have its sovereignty
limited that territory is not clear no
It has to do, for example, with a
old mentality where it is considered
that the father had authority over everything
the globe for example and even the
imperial powers knew no limits
mathematically delimited but rather
were the borders open the edges
only the lines that were the spaces of
confrontation gray spaces where no
there was if there was a conflict
It wasn't a matter that I had to
resolve one state or another depending on
where it falls within its territory but
which would probably be resolved by
legal forms at that particular time
or from that specific site
by specific tourists, that is, it was not
a state issue was a matter of
sovereignty that's why sometimes
it costs when you read him for example the
bitcoin pattern or any the book
history of the renaissance in which you
talk tells you about how he recovered the
economy after how the
market economy after age
medieval
it shocks you from being totally
kidnapped by the state in fact here
that they talk to you about florence like
well actually they say florence
city-state is like even he
they need to argue or be like
make you see it with someone's eyes
that is totally hijacked by the
exact state that is the problem
main not political science
takes place in the 19th century in germany
where you start to build a state
where france is seen as an imitation
in the correct political way where
develop all that political science
for hegel the political what we have
been talking before anyway
of political organization was the state
March drink radically from philosophy
Greek and take this literally not
and for marx all political forms too
it is a state no and this is the problem
that sinks universally
the identification the political the state
and this applies to translations
I too, for example, have found the
politics aristotle translated speaking
of Aristotle of the state well but
also some thing but what are you
saying here seems completely
sense not for this 3 but it would be
radically incomprehensible what is
saying in a translation for example
and this also applies to many
many many historical analyzes when
it is about explaining the polis when
tries to explain the state is about
seek the division of powers in the form
real is in style what and really it is
very problematic to analyze all these
cons conceptualizations and with that
category runs for example talk about
Spanish state in the Hispanic monarchy
not because an empire cannot be a
state as such does not have those borders
delimited at that historical moment
nor does he have that fusion mentality
political legal
we are going back to the beginning of the podcast
in what is a crisis in refuting
things that you had settled and it is that
blow gives you the feeling that you have
to reread a thousand things you've read before
to see them with other eyes I am already
tired of reading florence city-state
or I don't know what city-state
and now I see that that is the joker of
state is like when you try to
explain bitcoin to someone using
metaphors and analogies of the fiat system
no that now I realize that it is a
mistake
immense saturation you have to explain to
bitcoin how is bitcoin and what does it cost
It is not so commercial that it is going to be done
difficult but you have to
understand the new reality and gives me the
sensation that they have been explaining to us
all of the above to states with a
total viral infection theory
theory of the state is not the state to with
darling all that has gone before you
the status and the and hello has been put here
there is me and that was not only serious but
that it is not serious, it has only passed without a walk
serious for the future because it has limited us
a lot of thinking about new political forms
has constrained us to be the way
eternal politics then what is there
always and this what will always be not
well, this is not the topic
to think about new political forms
because this concrete political form is
in a crisis of which he has almost
impossible to get out
I have one last question before
jump to the heart of the matter which is
crisis of the state that is me from the
point of view of the sovereign that in this
case is the ruler of the day
monarch the dictator on duty I understand
that the state is joking late that all
the powers even for a president
of the government at the Spanish level or to a
prime minister in other countries
is handing over all power on a platter
absolute you become that in a
absolutist that being but what is the
selling point for a citizen
that
How have citizens been convinced?
that the state is is good as it
You understand, the state has been the factor
mainly provides security
apart from being a religious substitute in
the sense that it ends up replacing the
religion as such makes a
political religion
and ends so to speak configuring the
Security mentality that's your
leitmotiv could be security I am
the one that provides security in certain
measure is true because the state
first place key when absorbing all
the other powers because of the civil war
and where I have been there is no civil war
as such there is no state well
constituted there is no civil war and in that
sense is true that has allowed to say
the state will also recognize your
peculiarity and its modern creation
history is also important for
statists themselves because they put them in
your site puts them in the entity but it is
a political creation that presents a
series of very important innovations and
not distinguishing it also misses the
state you do not realize that it ends
precisely with the
civil wars well a problem
because it is also one of the great
virtues of the security state
territorial
cintra
and of course the question here is
the citizen mainly renounces
a lot of things but he is not aware
of it because they are not explicit
for themselves they bring us to light because the
money you use is money
mainly state or character
state and money one of the
essential features that it has
that allows to carry out falls allows
bring to light the implicit relationships
in personal commercials decoster not me
I think this is essential elements
that bitcoin attacks the su state
desacralization because those who
work save and live undefeated jmg
and they will be able to estimate and they will be able to see
the advantages of not belonging to
this concrete political form will be able
make an estimate of what it costs them
belong to the state
and there they will realize that it does not come out
with tablets
and that's a that's an important part
of the crisis not the character
desacralizing the state in the sense
that I can do the calculation of what
that it cost me but the calculation of truth
designed a new unit of measurement
global
I'm with a feeling inside
to be recording one of those spots but
Okay
It was a moment this fascinating talk
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Y
state of crisis ok we have done state
of currency crisis we have jumped to
trying to understand what the hell this was
of the state that all the time
many many educated people know what it is
but I for example had no idea
Now we understand what the state is and what
It is a historical idea is that we have it
established within us as a
belief but that is not eternal now
we have understood that it is a moment
history that has its reasons in this
closing of borders in this management of
individuals from the union of the
authority and power is worth
we understand
now because bitcoin puts the world in crisis
condition
with many, well, the main reason
I would say that the authority entered into a state
politics no and there it will be very interesting
when the book is published analyze the
book cover I don't think so
first is the desacralization of the state
No
precisely those individuals who
live in bitcoin that is, here what
it is about highlighting is also the
political importance of vision and not only
as an asset not just a very
good very profitable in confiscates I spoke with
some very good qualities not only
a very important political
significantly those individuals who
be the first to notice
cost so high so high that it has
belong to a state
and get out of it
out they are going to realize all these
advantages and the rest they are going to imitate
They will follow you for the social success that
are going to have these individuals who
particularly select
individually from the state
in authority is a very serious crisis
because the moment it is revealed
that an idea is not enough does not give
counts enough to solve the
social problems that arise
when crises come
And that's where these new ideas are
new tools allow us to overcome that
historical belief that historical idea
return to that belief will seek to do
just a passing idea
only the first the desacralization that
It's not little
remove its religious character
from provider of social reality to
state is not little and that in addition that
usually in any aspect of the
life has critics
even in something very banal football is
that you are very critical of this player
well the player just has to go back to
get out of making a good match and leave
the critic in evidence and that's it
critic the authority of the critic is seen
diminished with that action but what
I realize is that in this case the state
any critic of the state who makes the
bitcoin debt
you just have you don't have to do
absolutely nothing because that is
just standing still the state
It is a train without brakes going downhill and
runaway and the state with its way of
normal function of inflation
that the other day I listened to a post that
I recorded with lightning and something amused me
I don't know if Raiola said in automatism
or without realizing it but said no to
see bitcoin can protect yourself from
inflation but we cannot say that
we have lived in inflation because the
last 5 or 6 years I don't know what one said
figure says we have not had
offense not accepting that a
2% inflation is good or a
inflation less than 2% is normal
No
is that even accepting that as normal
and the state can be super satisfied
how well we have done it
we have an inflation of only 0.5 da
Same
like bitcoin like critic you know that that
player is going out to play and each
party is going to make it worse, it does not have to
its normal way of functioning either by
inflation or either by taxes
that is, your thesis is going to be demonstrated
with normal operation
that is not going to make you stop saying
we have a form with which to compare the
state we had nothing outside of a
yardstick with which exact not
we have a measuring stick is a
professors, that's not exactly
the coin appears in greece at fair in
the development of the balance not that
allows you to provide the equivalent of
metallic weight with the products
portal izan no now we have a rod of
to measure for is to bring to light the cost
political of seeing a state we make a
middle bar we have a shape
alternative to evaluate or value the
the way in which the state acts this is not
we have before
and not only this are many things
So we have the question of
control is not to say here is the
state will not be able to control that
find bitcoin good min
guarded we have the loss of the
meaningless legal authority that
will be able to do justice to that of
what is in victory is to say it is not going to
be able to force payment from someone who does not
want to do it
it will not be able to good after the subject of
that seen in competes also with the
public debt I do not believe like nature
is one of its main
in competitors
and competes removes part of the demand from the
public doubt also in the states
they are going to be forced to if the types of
interest on their public debt will not
be able to finance their expenses both for the
party not audit as part not
they can get so much in debt and if there is a
public debt crisis this is
complicated not because the issue of debt
publish a topic that I think is out there
the state crisis is about to begin
because the public debt is financed from
constant form
it is refinanced to be a reference
constant at the current interest rate
So if you don't have demand for the
public debt who simply abertis
sources only the interests of the
debt are the second third item
space budget for giving us by
case let's say they have to
refinance at an interest rate
higher as only those are paid
interest automatically I had double
the interest rate is double
interest not of what is
refinancing at birth and others
It also has very specific peculiarities
because fabrics refinance in the
creditors if they want but if they have
Doubts about whether you will be able to pay where
solvency
they do not refinance it, they demand payment
at expiration and there we can have some
serious tensions
in the states when paying your
debt is obviously not going to rise
even more the taxes that are going to
try to put more pressure on the rest and they will
see more and more how there is a
There is an alternative that is very profitable
we have profitable because if I don't
they control this hey
here I have independence that I have
security is precisely what is not
provide status right now to
economic and patrimonial level and not here
depends on third parties here I do not enter that
thinking about whether the state will meet its
obligation
i was listening to this
and all this talk about the great reset
I'm honest, I don't understand where
the shots go I see what they are doing
the g-7 g-8 that mother and I understand that for
there go the shots but the great reset
now I see clearly that what will go
to do is how the state is doomed
to be this fish that bites the
tail that infinite ponce that leads to no
to be able to pay this public debt by
example at some point it will be
try to do as a pardon
world
basically a throw a ball towards
forward to reset how to go back
to start to start again
accumulate all this dirt that now
same is where we are could be and
If I already told you, I don't have an idea, I don't
researched in depth but it gives me
feeling that I could go there
shots this is another of the topics that
They mention the book that I didn't develop it
widely but that I would deserve it
test is the subject put a nature
of public doubt
and they do a debt forgiveness this
It's the equivalent of hyperinflation.
the consequence of a waiver of
2000 peninsula with this you have to know a
little accounting to understand this
kind of issues and is still in
debate on whether fiat money is a
liability of the central bank or there was no
debate on twitter recently for bees
we can bolivar and others about if it was
patent very well everyone because he was passive and
quivering and passive
historical nature
of money issued by banks
will be a liability because
they had the active part of the gold and
the part in the passive that was the
obligation to repay this amount
of gold to which they were provided
tickets in case you claim them
the third, because there it is very clear which one
It is the obligation that the banks had
central offices and because he was a liability
money they issued not because they had in
the asset both gold and the liability in
tickets they issued
and it was an obligation that is to say you can
require it can be required by states under
it's good they were good times more
complicated and unions but a little more
long but good the enforceability had
possibility of demanding not clear when
got off the gold standard with nixon in '71
there is no longer this requirement however
they continue accounting for it
as a liability if you have as
double-entry bookkeeping- you have
to introduce something negative and then
money is issued in such a way that
that money is recorded in the liability
fixed that is issued and in the asset is
accounts for public debt mainly
what is an intermediate system is made
because central banks in principle
they cannot directly buy the debt
public to the states but will
buy the secondary market then
banks are used as an intermediary
commercial
The central bank makes a loan to the
commercial bank to buy the debt
public after the repurchase in the
Secondary market
to commercial banks the operation of
an infinite return although very
low but infinite because they give the
money borrowed at domestic interest rate
to which to repurchase the public debt and this
is what the banks have then in
its asset public debt no then yes
no one in money is another commodity
and its merchandise will be of its value
determines the same as any other
merchandise for supply and for its demand
if there is inflation the central bank
you have to sell what you have in your
asset to withdraw fiat money from
market this is a bit complicated but
It's very important to understand because I think
I that is going to take place here
crisis is to reduce the supply basically
when they have to reduce supply and
supply reduce them by putting in the
public debt market than a third party
in particular purchase gives fiat money to
him and since he has an asset he enters the
active fiat money and in the passive has
money head cancels it due to confusion and
That is the way you have to regulate the
inflation to control the price of your
currency the value of your currency
maybe the public doubts and nobody's
because there is inflation and income some types
of ridiculous interest protects on the
interest rates so that people
purchase of interest rates you have
than cutting spending is coping
to huge refinancing expenses
of fadura
then the situation can be very very
very bad because if they make a waiver
of the debt the asset that they have
It is not worth anything and if there is inflation, not it
they can control because they have no excuse
with which to deal with withdrawing offer
of that public doubt
of speed but then of course this is
the situation to which I think not
they are not seeing from afar the people who
is in control of these types of issues
and that it is going to present itself to them suddenly and
people as soon as they see inflation
precisely about what he said to leave no
a coin because it is already in a book
spectacular that is the nationalization
they don't like money and what it says no
the only thing we need we can't
snatch away the monopoly of issuance of
currency to the states violently
we can only snatch by introducing it
cunningly in such a way that you do not
can stop and the only requirements that
have to meet these coins is
avoid inflation and that's what it does
exactly say between being introduced
in such a way that they can't stop it
and avoid it easily
the states are doomed, you already believe
I think about it a lot, it's that I don't know
no scenario occurs in which they can
go out well I am not saying that they will not give
per sack I don't think it has a lot
power and they are going to squeeze the citizens
for all for all for all
measures that can
and that in many states especially
for example in Spanish because they are going to end
very argentinized
but after that I think they are going to
impossibility of guaranteeing many of
the issues that they have promised to be
supposed to be its essential function
that is derived from another asset such as
seen in the perception of security
I think it's going to break us
break the but practically no no
is it nominally or not
theoretically no no no de facto they will not
be able to enforce
and the rules that they themselves govern in
his territory
you just said a thing about the beagle
he takes away their security and hands them over
its users to bitcoin ers and before
You said that what the selling contributed
point a of the states to
its citizens was security not that
security that I also introduce another
issue that translates into a lack of
responsibility because as they are already
giving a security because I give myself
because he blamed me and that's why
we see this society that to the minimum that
he has a problem it's his fault
government because I am not responsible for
nothing is responsible for fix method
It's the government and now it's the government
been in the end the government simply
is the device that
the team that is currently
controlling the state apparatus and
what makes bitcoin another state crisis
It is not what I introduced so far
security is that
take away
security control because
let's say when you become bitcoin he
gain security you start to see everything
from outside gain security you are
bound to the famous responsibility that
we always advocate and I advocate in all
podcast that I do that a bitcoin was
to be a responsible person
recover responsibility and cannot
keep living in this lie in this
fiction in which we have been living
many years centuries but this has
what to finish
is is another way to convert to the state
in a historical idea the citizen wins
that vision gains that security and takes that
responsibility is then that's
hence the theme of adolfo's book
contreras who is trying to publish
the sovereign individual was essential but
I don't link it so much to that, I don't know but
I don't like the idea so much
sovereignty as evidently I believe it has
been more or less clear nor the idea of
individual because in the end what I
point a little inside these environments
more or less libertarian liberals since
issues that I was not very clear about
the state not then right away that
anarchist action immediately the debates
revolve around whether to reduce the
state size or not but not tack
towards other political forms
the risk is that we do need
live in certain communities not so
we need is power issues
and we run some risk that the
state crisis wipe out the
mentality or perception must be lived
in community of political life
because as he has absorbed
absolutely everything if it disappears than not
there is nothing left nothing but an individual
this is not the need so to speak
vital existential personnel that we have
to think about new political forms
we have to see how we go
reorganize after the crisis
state we have to start thinking about
these kinds of issues
we have to get honor is worth a nazism
This is not worth a total individualism
it's not going to work it's not going to come out
relatively well because nature
politics the nature of man is
associate politically live in
community the family are all that type
of issues and you will not be able to do this
annul or delete with all power
organize simply with this
and the one who documents I know that with him
trade we would already have that kind of
relationship I think it is difficult in
when do you start to think about this guy
of issues automatically those
new political forms automatically
you think about how they would be and the
security precisely this security
physical no longer in patrimonial security
that security may be arranged for you
Physics is how you organize it is how you
does
I'm going to stop you here because I see why
where are you going I see that you are leaving that part
end that I'm reserving for al
end of the post because I think it is the most
inspiring what happens that I have one
last question of the crisis of the
state and a nuance to what you said
from the book that adolfo is looking at
translated from Spanish that I hope you will
get it because it is a great pound that is the
sovereign individual
according to what you said then for you
it would be more
the title should be something like 9 o'clock
new political form, that is, not so much
focused on individual sovereignty but
like we have to think about him
new model we have to find
Exactly this book focuses more on the
crisis of the nation-state as such
concept not a transition one
transformation in the age of
information
and I believe that it is true that the
individuals we are going to acquire a lot
more power than we currently have
let's just think
with stalin we will have with an antenna
Internet access and we will be able to have
jas solar panels with the
to be energetically independent
we are going to have money with which not
we depend on third parties, that is not to say
any individual can go to one
cave with these three things and work
for anyone at any
part of the world a sunny cave and water
sunny
and not depend on anything else nothing else is
nothing else is being able to get everything
need with those three things
so yes it is true that
individuals will be able
get a lot more individual power
in that sense and that the state to have
a very serious and very considerable crisis
in the sense of
first that it will no longer be the provider
of this social reality because
individuals will be able to provide it to themselves
itself to be able to have mechanisms by which
you get your own way of all
these issues and that they are also going to be
much better state pain ie
infinitely better and with is a
proof of it
and see how all that happens I think not
It is easy but but what is not in doubt is that
the main the main heads
who are right now in command of power
political economic business and others
they are not considering these to me
I find it quite expensive
last question of the crisis of the state
the state lost its way or simply
has been surpassed uses its moment
historical past and has been surpassed
no error
visible
I think so without a doubt
been has changed form by form
of doing politics not the way of
that men be guided towards the
virtue that men have as
reference some kind of salts
socially recognized
that guides them to be better
better people at this kind of
such an essential question does not remain for
the total paris is for example the essence
of politics not doing to your city
is not more virtuous
I think that with the state precisely
It is with what you lose direction, not the
status leaks into the organization in
the administration in doing the
will of political power and loses
horizon of their senses politicians
under the state political form loses
horizon of its raison d'etre on the sidewalk
its citizens do not open all
links to your better citizens I believe
that this is a bit the task that is
for doing not returning to politics
to its quality
the assumption d
of ruler of helmsman of steer
really to the people and the
communities that govern towards what is
considered good and I think this is a
little put the task that is to do
How is that explanation that you do in the
book of the origin of the greek word
that comes that comes to mean helmsman
Exactly, that's the word of
helmsman no and I think that's a bit
what we need people who are capable
to take the helm again and steer
to societies is new why and what
it has been done historically and it is now
when we have focused on
managing things when we
we have focused on organizing and creating
in forcing and in forcing others to
adapt to social reality when
we have to be an example to throw again
from the rest towards being better people and
do well to order
I think this is the essential right now
and that the new political forms that
pose have to go in this line and
not in the line of doing what gives us the
wins in quotes but on the lines or
top
this and vernet will be
what are politicians called
the leaders or the leaders
political
the one who leads the helm the one who navigated the
ship right now the rulers who
we have now leave the rudder and will
dedicated to eating well to being down on
their cabins to live life well but
the exact rudder I think that is
also a bit the implantation of the
corruption in all areas
perception of everything is corrupted and that
It would also be another thing to analyze and have
with time no other tablecloths by the way
that I have not mentioned and that was mentioned
in the book of the crisis of the state is
the crisis of one of the institutions
most important throughout the
history of not making it the crisis of the
inheritance institution
historically inheritance as
life expectancy was not that high
a certain patrimony was always received in
the youth that was what allowed you
just start your projects
vital
in life expectancy in this century has
been immense and has not been analyzed I think
I the importance that he has
lengthening of life expectancy in
specifically in the institution of the
inheritance because now when it is inherited
were mainly our parents in
the elderly, that is, when they are
older of all are in the
twilight of his life not at the beginning when
You have to start your vital projects this
leaves an entire generation in that
initial capital that to start their
vital projects and gives it all
political economic power of ownership
the third age well I believe this
also that there are the crises of the state
what is the crisis than to relate it as
boomers vs zoom bears is gonna
radicalize a lot in the sense that
it will demand a lot at the tax level
at the regulatory level at the level at many
levels to younger generations
to meet the obligations
have constant
established the major actions
regarding the state and the state will
have to play that role but it is very
difficult because young people normally
are usually the ones with
both the productive part and the part
military as the predominant part
and from society then I don't know how
goes home about this I have no idea gives him
many turns but I don't know how it will go
evolve but I do think it will
end a generational crisis in
difficult solution also because a lot of
people like the state not to absorb
power is the issue of pressures is
very serious because when absorbing the being
provider of pensions people do not
has saved has not been farsighted
regarding his future he has simply
fulfilled his obligation
temporary and waits for the state to comply
with yours it seems to me that you are going to have very
very very complicated nicholas gianni when
want to demand that obligation
young people are going to have a way of
escape from it and given the incentives
cheap and another thing that says a lot
after whenever it is that we don't
we do what we consider good but
what we are encouraged to
do I believe that the escape towards the
alternatives is going to be brutal
and this is going to bring us many
social problems that are not
thinking about how to solve this about
where I want to put the spotlights does not solve
these problems that come to us that I
I think they are not thinking that the
importance of linking is not only as
economic asset that is immense and is
incredible and it's amazing that it also goes
have political and social consequences
that they are evaluating us because I believe
who are evaluating us taking into account
bill
I closed my eyes for a moment and almost
who watched the typical cheap movie of
boomers hollywood vs his merz
in generational civil war that although
surely it will not be so funny
we will see in some kind of decision that
boomers won't understand but
it is also not bad to put
make this problem visible than what
you speak in the book not that all this
generation millennials tummers we have
seen only we have eaten crisis
it has been difficult for us
greatly the quality of life they have
had our parents famous memes
what we see on youtube on youtube in
twitter
of our young parents saying
oh look well we can buy one
second a third residence and the
millennials the only thing we think is if
we will be able to pay the rent
our principal residence the month that
comes and this is getting worse every time no
because the boomers have become
a species of parasites of the new
generations that what they try is
keep sucking and keep living
of the work of those who are to come
with ever higher taxes
they do indirectly I do not say that
they are the ones who legislate for it
but is that the state at the end with this
alignment of incentives but so that
vote for me more because I have to give
benefits to the largest group right now
they are still the boomers and so
and they are also the ones who direct the ones who
they cut the cod they are boomers and so
it gets out of hand to have their
privileges and that is to continue
raising taxes to those who come by
down
and that as you said they have not received
no inheritance and start at a
working market
desert destroyed with some conditions
miserable
and this goes at some point or just
They make a pattern and suddenly here we go
Well, like the road that leads to Spain from
spectacular unemployment that nobody
produce and people say good but yes
is that if nobody produces like noses
people live because people continue
living because it is that the soft out and not
You didn't even realize they're gone and
they have left you without income they have not
closed the tap they have not closed the
faucet because you would have noticed
water just stopped coming out
and that is a problem that we can
find and if so this is one of the
more important things than
we mentioned before is that seen in
change incentives to change and
you have the chance to know
exactly to be able to go outside and
assess how hard it is for you to say
belong to that political community if
I work for an undefeated person who
It's in the US, they pay me a record in the state
he doesn't know I lost my salary
upright and they do not take anything away from me
life taxes
I can't change later in the park
with a man I don't know and sell it
without criteria to obtain money in exchange
fiat louis with it
exactly when you find out and want
that sense in which you are going to live
infinitely better doing this type
of things the incentives have changed
changed and they are going to change a lot more
when people realize this and
as we do not do what what
we consider good but that to which
we are encouraged to do
the more taxes go up the more
inflation the more serious the
be and
continue in a political community a
condition
and we are going to leave more and more because
incentives have changed that's one
of the big design changes
the exploding head emoticon is
that that but in repeat loop is like
I am and I still lack the phase that as I have
talked to you before the pot now yes
I was saying before, he closed his eyes and I imagine
that movie not now so i'm going to
close the eyes
and I'm going to ask you
I accept you I buy the idea no we are not going
towards a sovereign individual we do not
interested maybe we will need
what you said that security that we
The physical will give it, not the patrimonial
how is it how you visualize what you think and
you who stay with those gaps what
you expect something like 20 to finish them
arriving, that is, I know that you have
imagined
that comes after the state to where
bitcoin leads us
I think I do not think about this
I'm trying to write the second book
on these types of issues
new published the first and you are with
the second
but to spin it I do not stop
think about these types of questions and
it is
extraordinarily complicated not because
effectively as the absorbed state
more and more power is absorbed all
absorbed in our imagination is very
difficult to propose new political forms
however we do find that way
Say a line to keep pulling
Just like I found that moment
bitcoin to see and organize all this
I previously had the structure of my
head that it was a problem that the state
I was in crisis but I didn't know where
was going to leave and with the public debt with
initially seen has been seen or at least
At least I have seen it very clearly with this
The same thing has happened to me a bit
the line so to speak is
that the way in which we have
access to the information
largely conditions our
political form not
then to the extent that
Currently, for example, we have a
television system because if they give us
five television channels
in catalonia or andalusia is the
specific regional and based on that
we also have that for five games or
the regional party in Galicia or in
Catalonia where appropriate
largely correspond to these
channels and both are given channels
no and we just chose those
channels or at least the generation of
our parents and our grandparents
they choose those channels that's how they vote, that's not how it is
structure the vote and structure the
form of government democracy in this
case in party thanks to a se
consider
and I think of course that with the internet with
youtube with tweets has changed the way
that we have to access the information
It is no longer the state of our media
institutional communication which are
major information providers
for a report for a generation
complete or two complete generations
and that this is also going to comment this
political change
we have
we elect charismatic leaders
charismatic authorities if you will
we directly choose them
individually in quotes and this is
the subject I believe that the political forms
new forms of Basque government
seem for this authoritarianism is
charismatic if this does not have
necessarily the connotation of
dictatorship
mainly not but are the
new political leaders from the current ones
influencers youtubers and others and has
certain reason about phonology in the
sense of how fair they have been
very generational impacts not the
principals are now in their early thirties
years they begin to have children and their public
they are only about five or ten years lower
to them not at the time they give
40 years already have your family your life
constituted much more complicated than
continue to dedicate exclusively to the
videogames, but they are going to
appear other types of interests
economic interests political interests
and they have not seemed
and they will see how the generations
younger who are as references
for video games have also grown
they also start to have these
existential concerns and they are going to
see them as referents as
authorities
and I think they are going to be the ones who can
withdraw meaning towards the new
ways not because they also have that
character pull others out
ahead of looking for new things
news
and they have that pull no clearer here
there is how new ones will be constituted
political forms I believe that the most
insurable in quotes is that they will be
small small towns
territories obtained or agreements
with rulers obtained from
attract citizens or sites for that reason
term that more or less has been giving
turns is the micropolix that I think
you can fit this rocket and thinking
is perez expressly in situations
like the one in andorra where we have a
series of youtubers who are authorities
charismatic for their entire generation
future past for all
generations that are to come that are
referents in the strict sense for
they
and that when they have these interests
politicians are going to be able to actually do it
well and although the territories now
belong precisely to the states
In a situation of economic crisis the
territory is also alienable is
salable let's think about the crisis of 2012
the possibility was raised that greece
in as much in a year of that greece
sell islands to be able to pay and make
facing your debt
and I think that's where they're going to go a bit
the shots don't
for these micro cities or appointment of the psoe
as considered
of people surely the first ones go
to be wealthy that cannot be denied
because it is a criterion of discrimination
no determination that you have access to
scarce goods
and where those kinds of societies go to
be organically managed by
authorities
that have been built in a new
space in space on youtube
in issues the issue of security that is
the central theme I believe that in the
states are losing a lot
skills
versus mega corporations
but I think not right away
it will take a long time to see how the state
It is also not efficient to provide the
security and defense services
will not be able to guarantee
even the safety of your city and
how is a business opportunity
companies will appear soon
especially mediate corporations that
provide these services not these are and
what occurs to me that so the mood to
everyone to start thinking about
these things and if you want to give ideas and a
sing and ximo in fact is expressly
That's my concern, not the one that the
rest of the people join this one to
think about these new political forms
in these new questions that are
proposing and that we this that I believe
you are asking us are
thinking that they require some urgency
because it takes time to do well
develop all this and the crisis I think
I don't try so much either, I think the
we'll see the next 15 years isn't it
So I think it will be these
corporations that provide these
security services to these appointments
d
the robots with whatever with what
consider
and this is a bit how it will be rearranged
little by little the shape of this whole century
or those of the same as Greece
He proposed that he could sell islands
I understand that ceding sovereignty over
some islands do not simply sell the
square meter like yes i could
happen
Of course, how do you sell in a post society?
state that a state actually accepts
its loss of sovereignty and already has a
a flight forward an attempt
save as much furniture as possible
the only reason for sale will be for something
that gives value not and that something that
we will be talking about bitcoin exactly me
I think that's the main issue, not me.
I think it makes the victory of
Said it will be when when the states
want to collect taxes issue because
they need it for their solvency
So this is going to be mostly what
What do I think is going to happen?
new companies to be formed
visto friday societies that are
able to offer to buy a
territory something that states
send classes
and this is the issue that I think for
that's going to go a bit
El Salvador is a new paypal with
what I was saying before, that is, it's like
what is trying to shoehorn
bitcoin but in the same state form
that
we have just shown in this pot that
is in its last days to me that's what
that radically surprised me not me
I finished writing the book on the 23rd of
May and shortly after I did not think that
although it appears, that is, I said I was not going to
being adopted by a state is in all
the years of three or four years a
potency and after a few weeks it is
the museum 9 really seemed to me
surprising not
of course he has a bit of the mentality
to make a singapore there and then
fits quite well with this idea
in new political ways
with charismatic authorities
in addition and has given a computer to each
one of the citizens and others who are
to see how it turns out but it is true that yes
that has identified all its
citizens through goat yes that
has some control does not use a
implement all the qualities of
visual but still remains
surprising because it has given him the
economic independence of
international organizations but I think
It is the most innovative of all, not the
salvador can knock out the
international legal system no longer
Depends on the International Monetary Fund
It no longer depends on the UN, now it can
do your thing to pretend something
world have to give gives a guideline to
its citizens to pay taxes
but the contribution it can bring
out and you can do that in the end yo
I think that is what we are going to be
societies are much more closely linked
by the charismatic authority that
rule
and that they are forms of consensus
agreed at the time you
you can't collect tax directly
to your citizens because they have some
way
your assets in vic or in one of the
significant entity of his estate
in bitcoin it will be consensual it will be
by express consent they will
they have to give money to you you don't
you will be able to dispose of your money or you will
to be able to issue new money because the
fiat money we already know that in the
left over more or less counted between
quotes at the time a appears
alternative
radically superior no
In that sense, I think it is in some
good policies are going to have to be that
it won't have to be
extraordinarily good
'extraordinarily good power
politician to have to change
radically to be able to attract the
money from its own citizens to
the projects undertake
and along these lines I think
we would recover for that reason one of things is
with the books that vision does not have alone
individual qualities in the sense
that allows you to make a pau that will
force politicians to channel
they themselves will force the politicians
to be straight is going to allow us so
easily corruption is not going to them
allow so easily to expel
its citizens will really need
carry out projects ahead of their
citizens arrive
perhaps the idea of ​​d is very supported
of the charismatic individuals of these
What are the authorities talking about now?
charismatic because in the end we are
speaking of people who do shoot
forward projects
I can't imagine
by time by age maybe we are
speaking a process that is beginning to be seen
you said 15 years but the best that we
You are talking about 60 years, I can't imagine
a rajoy still
to a sanchez
reformulating and changing its way of
doing things and becoming straight not
it is the new politicians who come
will be people with these qualities with being
project agent action people
running people indeed i think
what is that in this kind of
personalities who are capable of
even though we all already know they have
lots of money they keep getting
donations on your live videos
they are still capable of moving masses
huge to follow their projects for
support them to do crowdfunding for
make them squeeze considerable we see it
very clearly in tweets that he did not pull a
free content on youtube there are people
who pays monthly subscriptions for
support people who earn a lot of money
and that much of the content can be
watch for free and yet they want them
knock out these kind of authorities
charismatic I think they are the ones
are going to impose are the ones that are going to have
political crystallization in the future
effectively better in 15 years there is a
crisis better not the best is a 40
of this
political character that waits until
the new political forms are built
can carry a lot more phone yo
I think that it is important that
start thinking about this kind of
questions and that are beginning to be raised
these issues because if we get caught
crisis of the state without having anything thought
see alternative to social anarchy in
the pejorative meaning of the term
energy can be awful
we can see really bad things and not
it will be the disk's fault in this is me
like thank you when you start to see
politicians who blame the sale
inflation
is to blame the umbrella that
Rains
we have argued here today we see this
very well because the appointment of the
citadels that so much program is done in
twitter
that has a reason behind that is not a
light and nothing that perhaps began as
a light and nothing of some enlightened in
twitter as you imagine not
Thinking about it like this, we are going to that, not to
the people who follow in a kind of way
of government political organization that
exceeds that of the states and that and that
let's say it changes the way of working
now one last question before going
closing is how you think the
role of authority and power that
before we saw how in the states it was
as one of the main features
the union were you talking about private security or
be the part of the power as
delegated to private companies the part of
the authority you were saying all the
while charismatic authority that is
individuals who have that authority
become what was before
church and yes yes he grabbed the
definition
strictly so would be the
jurisprudent as you imagine is that
part of authority and power in this
dels quote this is the central theme not me
I think even the church not only
these youtubers is simply too
can recover a lot of paper or a
very important role should not be
fill your rightful role
also obviously have to do
take giant steps because right now
is in a radical situation
Contrary to these scenarios
pose and religions put yourself in a
very strong role also in the
constitution of these new forms
policies not
they will be the first nuclei also that
are organized or that they try to live in
its moral form because in the end it is
also very important not when
we talked about what the feature was
of the power to understand these
beliefs defend this
of this moral way of living this way
of living and religious communities
have this
then this is the question you are not
both bitcoin merz and religions are going to
be the first
political forms we may appear
but me and this role of those of the
authority effectively authorities that
know socially recognized is not known
has been socially recognized for a
huge number of generations now
he himself is relapsing into these
authorities charisma that is falling in
these influences is falling on these
youtubers and other stream creators themselves
of content
they have a charismatic way of living
naturalness spontaneity and others not and
I think that is what is going to happen
value and that people will want to live
under the principles and criteria that
they establish socially
let's see how everything evolves
because this is talking to many years
seen with many things that still
They have not even appeared and I don't even know
can be included in the equation for for
to be able to obtain results and so on but I
I think that's where things will go a bit
and as for the issue of law, not me
I think this is one of the most
important the state what it does is a
investment in the classical conception of
right to a modern investment
right not right how to read the
nature of things and solve a
particular conflict to the right as
create a social reality
the legislation is not a thing
modern to the artificial social milieu that
there was not before and now it will change
also not because it will return to this
will solve particular cases of
problems let's not think about how you solve
a dispute between two individuals
commissions let's think about what kind of
submission or rules you have to
put to allow someone to form
part of your political community if you have
much of his estate with tax
it is best to make deposits in
bitcoin to be able to be a part of a
community or click
so that in case of problem
conflict there may be a third party
can solve
but we return to coercion we return
to the threat and it will be difficult
solve only the criteria of
admissibility in political communities
no I think that later in another advantage and
another quality apart from the monetary ones
apart from politics is that they make a
admission criteria in certain
buildings
that you are to deposit certain
amount to access to determine
I can't think of many more situations
Let's also take the case in case
a megacorporation because I think that
the megacorporations will follow
taking and assuming also role not to me
i found this this this this clicked me
this when twitter censored the account of
an altar not at what time in a
private company can turn off the
microphone to the president of usa
is a company of that country of that country
so we are I think that this is a
note of the power that the new
corporations do not and the crises or the
political changes always occur
because there is an ascending power and a
descending power is not to say one by
an elite that is in crisis and a new
part of society that increasingly has
more power and wants to put it to the test and
test what to measure their forces with that
decadent power because everything occupies its
place I believe that these corporations
they are in more than spare condition
the laws of coping with the elites
politics and that's just that
gesture of covering the microphone and it's over
from 26 to trump a very strong thing
a lot in this line too and the fact
that a part of the community of the
of societies planet anti-earthquake
purchasing power with Víctor and others in
a very strong challenge because these are
they are going to see first independent second
strong the third resources to do
against elites in decline
Look what about putting a deposit
warranty
I said it before social that I see him here
also the threat component
constant of if you do not do what to the
charismatic authority interests you
I remove the bitcoin or what is a little what
we have so far but now i was
thinking and maybe the guarantee not so much
of the citizen who also perhaps
I have to put something but the
charismatic authority of the type moment
I mean, I put as guarantee what
has to do now that it is
speaking at barça, i'm not from barça
and I see that there is a problem now that
they are going to ask for the old-fashioned guarantees
board for having malpractice, no, the
fact that one
a charismatic authority a leader has
part of its capital
immobilized at the expense that if you have
bad management and we are talking about
they fly away and we are talking about
unique unrepeatable money printable tv
maybe you think about salt we eliminate the
corruption factor I think for example
out there and well it is without a doubt bitcoin it is
an attack on corruption
It is no longer an unstoppable attack, it grew
it's over it's over great I put once
established and pro and the
teaching or editing amount per part
significant part of society is over
they will be able to cite it, there will not be
that corruption will not be able to have that
monetary manipulation will not be able
be theft or by way of
inflation of the creation of new
monetary and could tax or via
of corruption that is over and this that
you say it is very interesting also because
I also thought about it, not for example
for even football tours are
impossible in new political forms of
get organized now they are also in
crisis and have to be reformulated and
they have a lot of authority and have a lot
weight within their reactions and their
perhaps Madrid, for example,
president has to make a deposit
he does not charge absolutely nothing has to
make a guarantee that in the case of madrid
incurs losses has to respond
with his heritage
of course this can indeed be
ways in which the
political power not that you have to
make a bitcoin deposit in case of
that an authority thing that separating from
new the distinctions of power of
authority let us take for example a senate or
some courts chosen by the members of
that community or constituted by it
even by those members who would not have
a beginning problem
Well, in those who had to determine
if he is doing well or is
doing wrong and those who decide if that
political power loses the endorsement it has
put there to exert that carbon
Well, we have to see all this type of
questions and think is that they can be
barbarities what I'm saying and
Right now I have no doubt that
many of the things I say are
barbarities
but you have to think about them, you have to start
turn it around you have to start to see how
reconfigure
the next centuries as how we are going to
organize ourselves how we are going to live how we
they are going to do, for example, trips, flights
between one appointment and another and how is it going to
organize the territory let's
normalize exercises how can
to have wars on their part in front of the
empire these kinds of things are things that
must think
in the next years
is imagining a citadel in which
it will be the next authority
charismatic and in which all
citizens of this city have it
in a multi signature they have put a part
proportional do not imagine that they add a
bitcoin 2
it's a multi signature really two fingers
where all citizens control a
signature because that signature is a signature
aggregate of
decree connection to the signatures of each
one of them and also works as a
tres whole signature which is as if
was a democracy if they overcome and if they are
One hundred citizens, yes, 51 are in favor
It is as if it is affirmed to be valid and the
other signature is solely from the authority
charismatic that comes to control that
it would be jack no then jack comes and puts
its another beat then that's at that bottom
security are balanced against each other
other people the charismatic authority
when the charismatic authority comes out and
If you want to take your funds, you will have
to agree on how much
it can be carried if it can be retrieved
all his part if not and this surely
in game theory this I just said
It has that fault on all sides and it is
a bag of water with 200 holes
sure but use this example for
so that all these game theories
that we have been talking about in view of how
two people can interact in a
two fingers without committing fraud before
It was a two out of three and there was a referee
removed the ref and it still works and
works better then all these
game theories that maybe you say
we have to be thinking about the new
political forms perhaps in all these
extremes in all manner of
break our heads with the damn
decentralization
we are unaware
putting new formulas on the table
of
political organization that's exactly what
what is that exercise exactly
that exercise is the exercise I think
you have to encourage a lot of people
additional to that he joins him to do that
kind of
pure speculation about ways of
organization new policies because if
No, that is, first we have to do a
Exercise that hasn't been done in 400 years
practically nothing more than in three or
four in five utopian novels in
some video games and focus on something else
we are in underpants we are in the
nothing we practically do not have a base
about which foster we have to do
that brutal exercise in a very short time
without a solid foundation to do so
we need a lot of heads that is
above people many sectors
is thinking about the problems that are
can generate in what can be done
what ever in how we gonna do it and
and that is the main intention of
the two books not the encouragement
so much to see the possible crisis of the state
how to see how to overcome it although that
comes after after not
for those who have read the foundation we are
hari seldon before the foreseeable fall of the
empire and we are thinking like hell
surpass that quality without
too much blood not then maybe this
pot would be the host that was the beginning
of
a few little tales of anyone who
it occurs to you to write a short story
about two pages of how you imagine
a part of that future society
hey I surely would be the
stories that I would take to read before
to sleep to leave the head
working on dreams and a way to
encourage them all to continue
thinking and nothing and also to follow us
making me want not only to read the first
Álvaro's book but the second that
It seems that it is already working, you see it
the same or what
well I think it will take time
way to end this second because the
speculation about futures to me
love it but it's extraordinarily
complex all the variables you have
to introduce even the variables with
the ones you can't even count
currently because they are not
implementing do not really exist
they have them
graphically but you have to
imagining exactly is what to think about
the things that can happen then the
number of things you have to
think and think about it will be
huge and many heads are needed
really thinking and talking about this
I think
and that is the cep
and alvaro
I don't know
what to tell you
I mean, I have the feeling that I've
recorded something very powerful because
I don't know maybe because it's new maybe because
clarifying but I see
I understand everything much better and I give you the
thanks for the book
explanations that you have given here and that
encourage to see her give them without having the book
published and I really hope from the heart
that all this that we have done is of some use
made here for what someone says
but what the hell are we doing that no
we are publishing this and that your book
finish posting becomes a
classic and that translates to all
languages ​​that are needed and that Álvaro
Thanks a lot
especially for
form food for the prime that you have given me
for the brain food
that you have given me thank you very much
thank you very much for the trust
and for everything and really you already know that
I am very very grateful to you
I always answer you that I am grateful
but hey how this can be a bit and
a whiting that bites its tail and
we can end up like public debt
feeding back the and in the end creating
a big thank you reset let's go
to leave here and nothing we are in contact
something
deserves
[Music]
oh
[Music]
Well, what did you think of this talk with
Alvaro
and I'm still reflecting and very much
about everything that he came to explain to me
something in the pod and about the preparation
preview that I also did and documented
taking notes from the book of his book
I really hope it gets published
soon because it is a little jewel and I continue
macerating all this information in me
head because it is not little is not little and
above all it gives you the bases to understand
in what historical moment are we
frames what the state is and we
explains why bitcoin is taking us
to get over it not to move on to the next
level to the new forms of governance
and this apart from fantasizing about how
It will be what comes after I think that in
no time is going to be too much change
radical or suddenly we are going to live
the citadel without realizing it but
probably in different countries
world are already living in one on one
kind of post-state transition
what happens that we are not putting
name no we are not realizing
how are those powers
transition I walk no and
I believe that
We will see that in a process
where some country will suddenly accept that
does not have power over the citizen in
tax matters and a little that will begin to
offer services in exchange for
payments not instead of trying to put
when you cannot expropriate not when
has power over that money that is
bitcoin and all this [ __ ] is a lot
knowledge is a lot for a lot of matter
to process and I'm still in that phase
I think that in the next live shows it will go away
how this will come out no and well I hope
that you can also comment on it with
you on twitter and others because it has
been an experience
very enriching and that when before
It said in the tweet that I published that
I trembled not next to I had one of those
moments of clarity that made me
tremble they left my skin was not that
understand what is the role of grapevine and how
bitcoin is speeding up all this
process I loved this pop
If you liked it let Álvaro know
that seems like a genius to me, a crack like
speech
a boy with a knowledge that I have
I was lucky enough to talk to him
also out of pod and shear you squeeze
wherever you squeeze it is a pit of
wisdom and I hope more is done
present in the bitcoin community that is
encourage me to write more and we can see
As I said before, this book is
Available for digitally at
online format and whatever else
get an editorial so I auto
publish I think the bitcoins will
we will support so that you can reach
the minimum amount needed for car
edit it and this pot has also been
possible apart from my sponsors to my
private sponsors to you to you to
the patriots thank you very much everyone
both at the different levels that I have
that I have the pioneers that give me
two euros a month the selenitas that I
the settlers who contribute five contribute
ten for go everyone thank you very much for
the economic support that you give me and that
allows me to continue dedicating myself to the maximum
prepare podcast like this one also command
a special greeting to Pablo who follows
being there
Being my only employer I go yesterday if you
like the work you did I encourage you to
take a look at my father took it
maintaining since the beginning of 2020 and in
he will find crypto items
exclusive excerpts with guests at
post such as one that I publish
last week with novak where he was talking
your opinion on multi signatures
this this excerpt was in english
and you can also listen to the pot men
because by the way it's been ten years since
published and where he explained what I am
busy at all times no that is well
now I would have explained that I was
falling down the rabbit hole of states
and understanding its meaning and you can
support me also published practicing the
value for value listening to my podcast
enbridge or fontaine I'm checking
every now and then in my own way and I see
who has been encouraged to listen by brice
and it makes me quite happy to see that, no
transactions of 10 sato sistal but I
it makes me very happy to know that they are used
these types of platforms
and practice value for value and nothing and
finally you can support me too
liking and retweeting
publication tweet and ultimately
sharing the pod with whoever you want and
especially also letting me know what
feedback no, what did you think of the pot and
what do you think of him I love that either
in the youtube comments on the
ebook comments in a tweet in a
private as you want I don't care about the
messages end up arriving late or
early so nothing I hope you have
liked and that you have learned as much as
I excuse the echo I'm moving and
between the noise of works I do not have
prepared the study still and good is
a bit of a disaster but I hope in the next
days of fixing this audio is
a drill now
well nothing now yes up to here the bot that
Have a great week and if you don't drill me
in the head I greet you soon
[Applause]
[Music]
[Applause]
the drill and on
how few are going to hang an nfc
[Music]
two

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