Hey, everyone, welcome to the What is Money Show. I'm sitting down today with Mr. Eric Kaysen.

Eric, welcome to the show.

Thanks for having you, Robert. I to be here. And we always have excellent

conversations. So I'm happy to see where it's going to go. Likewise, I am quite excited about

this. And I was privileged to catch up on some of your writing that we've been talking about

for some time in preparation for this.

And man, it's really good.

You've got quite the gift.

And I'd like to just open with an excerpt.

And today initially we'll be focusing on your piece,

crypto, truth, and power, crypto sovereignty. And you open with this line,

it says, quote, I want to start from the hypothesis that Bitcoin and crypto assets are

explicit military assets of war. The military value of crypto assets and their non-physical nature

comes a priori to the economic value, to their economic value.

By focusing on the military value of crypto assets from a topology of total war, the true economic value of crypto assets presents themselves.

Quite the strong opening line. Could you unpack that a little bit

for us, please? Sure. I'm going to pull it up for me, so I have it. So essentially,

you know, one of my hypotheses from the very beginning is that because of the cryptography

that's baked into Bitcoin and widely crypto assets, they're explicitly assets of military war.

And so if we start kind of thinking in terms of, let's say, you know, the state does make

Bitcoin illegal, that all crypto assets need to be crushed out and the state hunts people

down. And I think this term crypto is very important for this because, first of all, this

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