Why Hunter Biden Thinks Dollars Are A Scam
Open original source ↗They've made it basically impossible for
us to be able to um come to any
agreement on the Clarity Act based upon
[music] the ethics. As much as he's
promised to be the crypto president, I
think that he's done more harm than
good. When's the last time you talked to
somebody in the Trump family?
>> I think never.
>> Wow. You don't think you've ever talked
to them?
>> No.
>> Was the cocaine in the White House
yours? What's going on, guys? Today we
have an absolutely ridiculous
conversation. It is with Hunter Biden.
Yes. The son of the former president of
the United States is here. This guy has
been accused of all kinds of things in
the media. He has done all kinds of
ridiculous things in his life. He
literally is hated by half the country
and the other half of the country
doesn't even know what to think about
him. But he sat down with me and he's
pretty unfiltered. He explained what he
thinks about Bitcoin, about
cryptocurrencies, about artificial
intelligence, about politics. He says
nice things about his dad. He actually
critiques the Biden administration. He
says nice things about the Trump
administration and he critiques them as
well. And then I even ask him questions
like, "What do you run for president?
Was the cocaine in the White House his?"
And all kinds of other things that
you've probably always wanted to know
from Hunter Biden. Gotta give the guy
kudos for coming in here answering
questions, being pretty straight up and
pretty transparent. I think you're going
to enjoy this one. Here's my
conversation with Hunter Biden. Hunter
Biden is here. Let's just start off with
the big question. Do you like Bitcoin?
Do you own Bitcoin?
I I like Bitcoin, but I don't own
Bitcoin. But I but I I aspire to own
into Bitcoin one day. We'll see. But no,
I'm a I'm a big fan. I I a long time
ago, I read a thing called the uh not a
long time ago, but a while back, I read
a thing called the internet of money,
and I was very interested in and digital
money and and uh and microtransactions
based upon some work I did um for the a
thing called the World Food Program. And
so I became a real believer, a real
believer in in in Bitcoin specifically
and in in the blockchain uh generally.
>> Now when you think about Bitcoin, it
seems like Bitcoin has kind of different
value propositions to different people.
You're talking about the technology.
Obviously both Republican and Democrat
presidents have been insane in the
government uh money printing scenario.
Uh, do you think that's the number one
argument for Americans to hold Bitcoin
is just like we're going to print money,
inflation is going to go higher and you
should protect yourself or is there some
other reason?
>> Yeah, I a while back I I put out a tweet
that I didn't think that was that
controversial, but it was provocative
and I said, you know, the fiat um uh uh
fiat currency is a sham. And you know,
the truth of the matter is is that yeah,
of course it's a sham. I I I mean any u
any government that can print um
currency at will um it doesn't actually
equal money. I um you know I mean I I
talk about that I've talked before about
this is that the history of of the
dollar in and of itself. We're at $40
trillion in debt. I think within the
next two years we'll probably be closer
to $50 trillion in debt. we have um uh
we we we have lost 97% of the value of a
of a dollar since 1913. Um and uh and
inflation is just built in. It's a
basically a built-in tax on the American
um the American people. And so I don't
necessarily think that that means that
you don't have fiat currency, but from
around the world the our um uh you know
it's clearly understandable why we are
um as Americans um it's difficult for us
to see any other way um than um than
than the dollar. But if you live in
Argentina or if you live in Venezuela or
you live in, you know, name a half a
dozen other places in our lifetimes, um
the the idea of a decentralized um uh uh
uh money, you know, digital money, the
um uh protected by the blockchain is
obviously the future. Yeah. And one of
the reasons that I came to this is that
when I worked at this thing called the
US UN World Food Program, uh it's UN
World Food Program is the largest
humanitarian organization in the world.
They see they feed over like 75 million
people in 82 different countries. They
go to every hot spot in the world when
it you know from a typhoon hitting to um
the um uh uh civil war. Um and what
happens is there's a lot of creation of
refugees and refugees come into another
neighboring country and they cannibalize
the economy there. And so what we tried
to do is we tried to create a um uh
digital wallets for the purposes of
creating of being able to have
microtransactions within those
communities so that you you were you
were being additive to a community
rather than purely uh extractive.
And and that led me down this path as it
related to um for instance the the the
um the majority of people in the world
globally are unbanked um and and
populations that um are unbanked that uh
send money across borders and um and pay
these insane usery fees for for that. um
here in the United States of America
going back to Central America or um or
or Mexico is paying anywhere between 10
and 15% um basically tax on any money
that you get to
the blockchain solves that Bitcoin in
particular solves that but
cryptocurrency in general um solves that
and I believe in the democratization of
the you know of financial instruments
for that purpose. I think that in a
global economy, in a world in which we
are fully connected, the last place in
which we are connected and able to
transact and communicate with each other
is through financial instruments. And I
think that, you know, the um uh the
incumbent um industry is going to fight
it tooth and nail as they adopt it, you
know, um uh behind the curtain.
>> Now, I want to play a game with you. I
want you to say, what is your biggest
critique of your dad's administration?
What is your biggest critique of the
Trump administration when it comes to
crypto? And then we're going to do
positives. But first, let's start with
the negatives. What do you think? The
biggest critique of Biden
administration, biggest critique of the
Trump administration.
>> Biggest critique of the Biden
administration, in my opinion, was a uh
a knee-jerk reaction to uh crypto as
being uh inherently uh criminal. Um uh
and
it seems to me that it uh that the the
um uh the incumbent industry and the
banking industry um made it very
difficult for uh the Biden
administration is to see beyond some of
the negatives that uh uh that people
would point out. for instance, in um you
know, in black markets and the the
ability to um anonymity and and things
like that. And and I think that they
just were um very shortsighted. And I
think that they ended up with a very
very um costic relationship with the
with the people in the crypto industry
that totally deteriorated into um you
know, almost all out war. And I think
that that was just very shortsighted. As
it relates to the to the Trump
administration, my biggest critique of
the Trump administration is simply the
purely that the personal involvement of
a sitting president of the United States
in the industry to profit for himself
and his family. And I don't see in any
period of time in which that is right.
And now I know people the immediate
thing is well what about you Hunter?
Well, what about me? What about me? When
my father was president of the United
States, I made an average of about
$220,000 a year over the course of four
years as my dad was president and I
didn't do any business exel except paint
and sell my paintings through a gallery
to by the way known buyers for each one
of them. What they're doing in crypto,
it goes well beyond launching tokens. It
goes well beyond um uh you know simply
that that max extraction play that they
did as it relates to meme tokens. What
they have done is they have now gotten a
banking license through um uh the uh the
office of the comproller. They have
embedded themselves in terms of
investments into organizations that are
uh that are absolutely 100% um reliant
upon the um this administration's
oversight and and and regulatory
environment. They've made it basically
impossible for us to be able to um come
to any agreement on the Clarity Act
based upon the ethics um uh um uh
negotiation, the negotiation around
ethics language. And so as much as he's
promised to be the crypto president, I
think that he's done more harm than
good.
>> Now, what do you would you say is the
most positive thing about the Biden
administration and then what is the most
positive thing you could say about the
Trump administration?
>> I think that the most positive thing
about the Biden administration was the
way in which uh uh they um rallied the
world. Um uh and what I mean by that is
that I think that um the when my dad
came to office, he inherited a very
difficult time, an enormous amount of
division around the world as it related
to some of the most important things
that were happening. And that was what
happened in uh the the Russian incursion
and invasion into Ukraine and you can go
down the list. And the way in which he
healed the relationships that we had
which I think is the most important
alliance that we had um is NATO and
added for the first time in in in the
history of NATO two um additional
countries Finland and Sweden as was as
something that no one said that he was
going to be able to do. Similarly, no
one said that he was going to be able to
pass any legislation in a Congress that
was so um narrowly divided. and in a
2-year period of time, he passed more
bipartisan legislation than any
president since Lyndon Johnson. So,
those two things, the ability to bring
people together, even at in times in
which everyone uh was certain that there
are divisions um were going to make that
impossible.
In terms of the Trump administration,
I've said this many times. I understand
why the Trump why people voted for
Donald Trump. And one of the reasons is
is because they're angry. And they're
angry at the fact that they have been
left out of the deal. They've been left
out of the um uh of what at least from
my generation was the idea that we would
always have the opportunity to do better
than our parents did. And that is not
happening anymore. And it hasn't
happened for a long time now. And I I
think that they feel felt left out. And
I think that they were given a um a
scapegoat that he created. But he talked
he t before he was elected. He talked to
that um uh uh that that feeling um and
that requires a radical change that
requires a radical change in this
country as it relates to a whole bunch
of things um because I think the vast
vast vast majority of us feel just
completely um left out of the um the
American dream. Is there anything
specific about Donald Trump or his
family though that you would say
positive? Or is it more so that you
understand the message they brought and
why it resonated?
>> Well, you know what? I I I have a real
hard time, man. And I and I'll be just
absolutely um frank with you, okay? Is
he's a [ __ ] and he he's made it
really really really he's made my life
really difficult and so have his kids.
You know, I I look at somebody like um
Jared Kushner for instance, and I don't
know if you just read the report as
relates to Jared Kushner.
Jar Jared Kushner and um uh as one of
the principal architects of his domestic
and political policy in the first um
presidency and then while he was out of
office in terms of running against my
dad and me as and and and Don and Eric,
I think to a lesser degree because I
don't think their dad listens to them
that much to be completely frank. But
we're were not just um uh they it wasn't
like just sharp elbows. You know, I'
I've experienced a lot of politics in my
life. Since I was uh 2 years old, my dad
has been a a national figure in the
political scene. And people always say
to me, "Well, you must be used to this."
There's nothing like this. the level of
cruelty and viciousness that um uh Trump
um and then and and then flowing down um
in his uh concentric circles of
influence around him is just it's it's
absolutely outrageous. So when you ask
me if I have anything nice to say to
them um I I I don't just being
absolutely honest and it's not Trump
derangement syndrome, man. I I am uh you
know I kind of a I'm kind of the roshock
test of like or or or the the um avatar
for um so many of the things of the
excesses of this past um 10 years and um
and I don't and I'm not a victim. I I
came out the other side of of of all of
this and I feel more confident in who I
am and in um in in in uh in my place in
in in the lives of the people that love
and and and respect me and more free and
at liberty to say the things that I
believe than I've ever felt in my entire
life. So in that sense I I I thank them
for the gift of that. I think I thank
them for the gift of the complete
dehumanization and uh that that that
went on for you know a four or sevenyear
period of time as it relates to the
direct attacks to me but I'm not sending
them any Christmas cards anytime soon.
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Regardless of maybe uh put aside for a
second your family, put aside for a
second the Trump family. You take the
media, they also were not kind to you.
They were very aggressive and and
obviously, you know, kind of turned your
life upside down. I can only imagine,
you know, some of the things that you
dealt with that people don't know. How
hard was it to never say anything? I
think that was maybe one of the biggest
surprises is just like every day it's
almost like you're getting beat up on
the internet and you never said anything
until recently and then you got on
Twitter and it looks like you're frankly
having a blast on Twitter and kind of
like, hey, now I can talk. So talk a
little bit as maybe the the the uh
dichotomy of not talking and then now
all of a sudden being able to say
whatever you want having a direct
audience.
>> That's that's thank you for the
question. It's really insightful. I mean
a lot of these things very rarely do
people ask me that that the way that you
just asked me that and um yeah man it it
has been um it was really hard. It was
really hard. But here's the reason why
that I didn't say like that that you
didn't hear from me particularly during
the 4-year period of time that my dad
was president because I truly you know
as much as as much as whatever the
narrative that has been um u the
[clears throat] Fox News narrative just
let's you know use use them as the
example the Fox News narrative of Hunter
Biden was either that I was a near do
well failed son um that basically uh
that has been living in my dad's
slipstream you know, uh, and coasting
on, uh, his laurels, uh, for my whole
life. And that's one, you know, that's
one thing, uh, uh, narrative. The other
narrative is that I was the head of a a
a global crime family, literally, um,
you know, going around the world and and
picking up bribes and things like that
and and, uh, a whole host of things.
And it was incredibly frustrating not to
be able to respond to that. But number
one, I I really do believe this is that
it's not the place of a son of a of a of
a brother of a um a son-in-law, a
daughter to um when there when uh or or
anyone in a family um that is not
actually literally a part of the of the
administration
to speak and and and to express their
views and to to um pick their own
fights. um while you know, at least for
me, while my dad was president, it just
wasn't right. It puts it puts an not
just him, but the entire administration
in a very very difficult position. Um
and so even if you believed all of the
things that that the that uh the media
um uh pained me, and by the way, some of
them were true, man. Some of them were
true. Um much all of it, not all of it,
but about my addiction. um when my dad
was not president, I got sober and clean
and sober in 2019, a year before or more
than a year, 18 months before he ever
became president. But the other reason
was is that when the Trump
administration um kicked off a
investigation um into me through the
Department of Justice and through the
Republican US attorney in the state of
Delaware, uh literally as they were
walking out the door, it made it
impossible. I I you know, I've been a
lawyer. I I was a lawyer for um you know
close to 30 years now and I would never
ever ever let a client go out that was
under indictment or under investigation
by the US Department of Justice is go
out and just willy-nilly, you know,
speak on, you know, uh in in front of TV
cameras. It's a recipe for disaster.
[snorts] And so I had to keep my mouth
shut.
But what it did also was this. It gave
me time to um uh it it may not have
looked like it from the outside, but it
gave me time also to heal heal from what
I had gone through, which was way worse
than anything that they ever put me
through. And that's what I put myself
through with my addiction.
And I realized is that in that period of
time, the people that I could speak to
were uh all of the people that have been
impacted by by addiction. And I don't
know anyone, Anthony, I don't know
anybody who doesn't have a brother, a
dad, a sister, a best friend, um, uh,
someone that they care for and love
deeply and respect that is a central
part of their life that hasn't dealt
with the issue of addiction. And it
does, I mean, on a spectrum, of course,
you know, I mean, not everybody was a
crack addict like I was, but, you know,
that but I don't know anyone that hasn't
been impacted by it. and and I found
that I had a I I I that's where my
connection was. So whether you voted for
Donald Trump three times or you you know
you you were diehard Democrat, the truth
of the matter is is that I was be able
to speak across that divide. It was
really really satisfying and and um and
really important to my own recovery on a
selfish level. the idea of being service
to others just by letting people know
like on this show, you know, I get I'm
sure ton of people really um well, I
don't I'm not going to prejudge, but
regardless, I guarantee you somebody I'm
talking to right now um feels alone in
their in in their sickness and and in
their suffering as it relates to their
addiction. and just me by me uh proving
that recovery can actually um work and
I'm sitting here in front of you and
talking about it um maybe will lead them
to to understand that they truly are not
alone. All they got to do is ask for
help.
>> When when you think about where you go
from here, like would you ever run for
president? In a weird way, America is
all about a comeback story, right? It's
all about overcoming uh obstacles. And
it may sound crazy to people, but we
have had presidents and then their sons
become president. We have had people who
have obviously gone through very public,
you know, kind of difficult periods. You
are almost the epitome of that. Would
you would you ever want to be president?
>> Well, I I mean this sincerely. I'm truly
honored that you would even ask me the
question. I really am. I mean, look,
man, 6 months ago, you wouldn't have
asked that. Nobody would, and I wouldn't
have ever and I would have literally
fallen off my chair. I have no interest
in running for president. I have no
interest in running for elected office.
But I I I really mean it. I'm incredibly
honored that you would even ask. And um
and the reason is this is that I think
that um uh not that I don't think it's
an honorable pursuit and it's incredibly
important right now that people step up
and and and run and and people with
conviction that have a um uh uh a real
idea of uh and principles. I think it's
really important that people uh with
those qualities get involved. But for me
is that I have a I I know I know who I'm
talking to right now. I I I'm talking to
those 50 million Americans. I like
what's what addiction is not some kind
of like you know uh you know uh uh
alternative kind of universe in which
you know like there's maybe a few people
you ever meet in your life. It's truly a
pandemic. 200 people a day die from uh
from overdoses right now. 200 people a
day. I mean, just take that instance.
And I and I and I had I I never knew
him. I don't I don't I only knew him
from afar because he was in recovery and
trying like hell and publicly trying
like hell to get um uh to to break free
from it was Presley Gerber in that
story. And and um and it's just
heartbreaking, man. And what if you if
you know it like I know it though is
that he was one of of of 200 people that
died that morning.
I don't know two 199 other families lost
their Presley that day. And um and so I
feel like I have this incredible
opportunity to not be um uh you know not
be perceived in a um in a partisan way
right now. And the other part about it
is this too, man. I don't know how you
feel, but the [ __ ] all of it it it
it's it's so broken.
It's so completely broken right now. I
mean, I don't I mean, I know people
think of me as a Democrat because my
dad's, you know, obviously the former
president of the United States and and I
love my dad and I think he was the
greatest president, you know, since, you
know, name one. And um but I have no
faith in the in the Democratic Party's
leadership right now. I have faith in
the idea that Democrats need to be get
control of the of the House and the
Senate in order to be able to have some
oversight on a runaway administration
right now, but I really am um uh I'm I'm
as excited as other other people or as
concerned as other people, I may say,
and what comes next in terms of
leadership because it's we are in
desperate need of it in a time in which
we are going through the most I think
significant evolutionary step that
anyone will ever live through um in the
advent of AGI and um and potentially uh
shortly following thereafter super
intelligence. It's as if a alien life
force were um to land in and and in in
every major city in every rural area in
the world um uh and and and and plop
down and we we have no idea what's going
to come next. And the only thing that
can help us through that is
[clears throat] leadership. And so I'm
desperate to see um uh people step up,
people of good conscience and principles
to step up and uh and lead.
>> I got a million questions for you. Let's
start first with would you ever leave
the Democrat party and vote independent
going forward.
>> Oh, I would I don't know if I would ever
I look, I'm a Democrat. Um and and I'm
and I'm and I am proud and in large part
of being a Democrat, but I vote
independent. I said this to people
depending upon the choice. I vote for
somebody like Thomas Massie, you know,
and I don't agree with him on 90% of the
other stuff that he voted for. Um, but
what I do think that Thomas Massie has
done is he stood up for the principle of
a constitutional republic and the rule
of law and the belief that um uh that no
one is above it. And and so, you know, I
don't have any problem. And that's by
the way, I mean, what I've said to
everybody, I I don't forgive um that's
not true. I have forgiven. I don't um uh
condone uh for instance some of the the
the beliefs and things that both uh that
Tucker have said or that Candace have
said, but you know what they've woken up
to the idea that what they were sold is
a bill of goods by this current
president and and and for the re for the
right reasons in my opinion and that
reason is is because he is completely
acting outside the law and um and and
the power that he is is bound by not
loosened by within the constit
constitution. And so I am um I am for
electing anyone who number whose number
one goal is that is ensuring that the
the of that that we can continue to
pursue the promise of the of of the
potential of an evolving constitution
and and in this constitutional republic.
And so that and anybody who's going to
do one thing is figure out how to um you
know uh h how to how to help people pay
the rent so to speak and literally.
>> When you think about uh going forward
new technology obviously is not going to
slow down. It seems like everything is
accelerating especially in artificial
intelligence or now I guess we're
calling it super intelligence. What's
your view there? Is this something where
[laughter]
>> are are you are you on the side of
saying this stuff is going to kill us
and and more of like a a doomer on it or
are you very excited about and you want
to you know kind of accelerate as a
country and think that us winning uh
with this technology is important.
>> Okay man I I don't know. I mean that's
the answer is that I don't know if any
of us know and I I mean what do you
think? I mean well I'll tell you what I
think and then but you promise me you
tell me what you think. Is it okay? Is
that I'm just like everybody else. I'm
sitting here watching my podcast, you
know what I mean? I'm watching I'm
watching you. I'm watching you talk to
these people. I'm watching, you know,
other people that I respect and some of
them that I don't respect that are that
are talking to people that are a hell of
a lot smarter than me about it. So, what
I do is this is anyone that is directly
interested has an that has an interest
in personally the success or um or maybe
even the failure of AI. um because of
the pecuniary interest that they have.
And I mean like they're going to make
money off of it. I don't listen to. So I
have no use for any of the of the people
that were standing. And not that they're
all bad guys. I don't I don't mean that.
But they have a job. And the job is
they're salesmen. Okay? So, I don't know
how much of it is hype for an IPO or how
much of it is um uh uh uh uh alarmism
for the purposes of uh getting people's
eyeballs and attention to it um for
whatever their latest model is. But take
put that aside. Listen to the people
that have come out of those
organizations that no longer have an
interest in it that are um that are
truly independent of it. I always forget
his name because I always get it wrong.
Mo um Gual um former Google um executive
uh that has not not been with Google for
a long time. Um uh but you know his
position I think is a is is one of the
most rational positions which is this
the dislocation that is going to be
caused by uh AGI and and and the and and
if if Ray Kerszswald is correct as soon
as you hit AGI you're you're months if
not years depending upon the uh how I
mean what we could possibly do to
potentially slow it but you're just
super intelligent and and Mo's position
on it is that that dislocation the um uh
that is going to occur globally for um
literally billions of people in terms of
how they conduct their lives um in terms
of how they're employed, what they find
sustenance in, how they provide is going
to is going to be a really rough ride
for for a period of time. But here's the
other side of it is that on the other
side of that if it doesn't kill us all
is that how what is a more existential
threat? Climate change which I believe
is an existential threat. Um, and I
think that that there are very few
people in the scientific community that
can even remotely argue of of the
incredible dislocation and I can say it
from my own work with the World Food
Program is that I 75% of all of the um
natural disasters that we have to
respond to in the millions and millions
of people we we have to feed and also
the man-made um uh uh disasters in terms
of the fighting all come because of
climate change. They all do. Is a
receding land mass is a is is um is
flooding is where where property and and
and real estate um uh um across the
globe push people together more and more
and more. And so
what how are we going to solve that?
Well, I can tell you how we solve that.
We solved that with super intelligence.
We solved that with AGI. Um uh
potentially potentially just like we
could solve cancer. Just like we could
free people up to be able to pursue
creative things if you had something
like a um universal bas basic income.
But we need leadership right now, man.
Like I watched um uh somebody just
talking about this and they said it is
absolutely insane that we have an a
government right now that is saying that
the AI industry should not be regulated.
I mean, think about any other technology
that we've ever um uh um that that is
ever that we've ever experienced in our
lives. And you know, I mean, like, are
you saying that that we shouldn't have
people looking at it, particularly one
in which uh many many people predict
that it has anywhere from a 10 to 30%
chance of a um a global annihilation? I
mean, it's crazy. It's just crazy. Now,
I don't trust government as much as the
next guy to do it, but government could
set up a consortium of independent
people to an independent bodies to be
able to have the right to monitor. Just
like for instance that you have um uh um
the nuclear uh um the IAEI,
International Atomic Energy Association
that is able to go into uh countries and
basically test and monitor their science
and ask questions and be able to provide
public with assurances that this that or
isn't happen. And hopefully they could
do a better job than the IAEA has done
in a lot of places. But my point is is
that we need leadership. We desperately
need leadership. I'm sorry for the long
answer. I I think it's a great answer
and I think what you're really showing
is hey look there's a lot of competing
interest here with a lot of competing
thoughts and the future's unknown which
I I don't think is a crazy idea right
>> did you see you know that guy professor
Jiang
>> yes
>> did you see I saw him on one thing he's
like it's all fake I he goes it's all
fake he said I guarantee you it's a
bunch of people in India answering you
know in front of their computer
>> you think that people in India are the
ones answering the uh the query I swear
to God. And he was and I'm he wasn't
joking. He's 100% serious. And I'm and I
what I would like to say if that is true
then I think it is absolutely goddamn
amazing because you know I use I mean I
use AI. I use AI for for everything. I
mean I like I I write on Substack and
and um and just as an editor um it like
it allows me to produce so much more.
And everybody's like, "Oh well, you
know, you AI generated LLM slap." I'm
like, [ __ ] I mean, I write my
stuff, but the ability for me then to
fact check things, footnote things,
source things, to be ability to
synthesize thousands of pages of
documents, uh, um, and and to, uh, into
an outline and cogent ideas to be able
to write and it's just amazing. It's
amazing. And, you know, and that's
coming from it from, you know, kind of
my liberal arts, you know, background.
In terms of law, I don't know of any
lawyer that I understand that you don't
want to be completely relying upon it
when you are um uh 100% yet as it
relates to anything that you uh profer
to a court and have to sign your name to
without checking it yourself and
proofreading and making certain that the
cases that you site are real. But in
everything else, like, why would I why
would I ever spend $5,000 for someone to
um to read and review a contract when I
can give it to Claude and point out to
the lawyer that that would ultimately
review it for me? These are my
questions, just these three questions.
It's just incredible what it can do. and
and and that doesn't even go to what I
am not capable of even to begin with
even with AI which is programming and
your ability to uh you know um you know
create um uh code and you know that what
used to cost you know thousands and
thousands of dollars in in manh hours to
be able to do it's just incredible
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100%. Let's talk about laptop token.
When I first saw you talking about this,
I was like, "What the hell is going on
over here?" And then I thought that
maybe you were like uh you're trying to
troll uh you know, some other folks and
then now it looks like this is a real
thing. Like like help me understand what
the heck is laptop token and what is
your uh what's your plan here?
>> Yeah, man. So about 6 months ago, I I I
was uh you know, I mean, I've always had
an interest in cryptocurrency and
Bitcoin just from an intellectual level.
And I started to think about what he was
doing to the industry and through the
and this max extraction play that he
did. He is he owns 80% of his meme
token. And here, look, just let's all
start this is that when I talk to
anybody that is outside of the um uh
that that has no relationship to
cryptocurrency, they I mean either their
eyes glaze over or they just assume that
I'm like a con artist. Okay. And I mean
it's just I mean it's the reaction. And
by the way, if you talk to anybody
basically over the age of like, you
know, 47, it's basically that's the
reaction that you get. But what I do
know is this is that I believe for
instance a meme token started as a joke.
It is a joke but it also creates
community. It also there's also 10
million meme tokens. There also are
tokens that have been launched that
actually created things and and built
things rather than just actually
extracting things from other people's
wallets. And I saw what he did. He
created a coin that 80% of it went to
him in his insiders complete and uh uh
totally obuscated the the the the uh the
wallets and none of it is transparent
and he took basically I don't know what
was the number two 2.1 billion dollars
um from his most fervent supporters and
he put it all into his pocket. Okay. I
said, "Can you build a coin that does
the exact opposite that gives back to
community that creates something and
builds something?" So, I built a coin
with the tokconomics in conjunction with
Coinbase that we were supposed to be
listed on on day one. And we built a
coin that had a 20% airdrop, which means
that we literally just give away no
strings attached, 20% of the coin to
community to build a community. And
[snorts] then, and by the way, they just
you could either cash it in or hold it,
do whatever you want. And you know one
of the taglines of the my of my coin was
do not buy this coin. It is not it's not
an investment. It is not money. And
anyway and so uh 30% of the coin is was
the first ever um uh prediction market
embedded into a token. And um it a
completely innovative thing that we came
up with in which I make 30 predictions
and each one of those predictions uh is
uh if if it came true the uh a
commensurate um percentage of the coin
gets burned and if it doesn't come true
then it gets uh um dedicated that
percentage gets dedicated to charity.
So, a minimum of 5% to charity. All of
all things that could raise millions of
dollars and still can for uh
organizations and entities that are um
important uh to the the things that I
care about, which is recovery and
addiction. And then 10% for me instead
of 80% for me. And um and on day one, I
mean, it got totally uh you know, I
mean, it was just an absolute 100%
disaster by no far of our own. But we
have not I have not benefited, not one
insider has benefited or profited from
the token. The 300 million 300 million
tokens that are locked up um in the um
uh uh in the founders um uh tokens are
still sit there. You can see it on the
blockchain is completely transparent.
And what happened was is that a market
maker, we had three market makers. I'm
not going to name the the one, but the
one market maker, principal market maker
that had 30 million of our tokens and a
million dollars to be able to create a
market uh only put in $5,000 at launch
and 29,000 tokens. So, there was zero
liquidity. So, a $6 purchase of a of of
of a token that that price sent the
token up five um 5% and just do the do
the math exponentially and within
minutes it went from our $50 million FTV
launch to $317 billion market cap and
within the hour it fall it fell all the
way back down. Now, [clears throat] it's
trading about 7075 FTV right now which
is um you know basically it's fine with
me. we we're above where we launched,
but but nobody benefited from that
except the two market makers um that
basically uh uh uh cashed out in in
parts of that.
>> So you if you have 10% you're going to
make like a couple million bucks over
time. Not not yet.
>> Oh, that's the thing. Yeah, we're vest
we're vested for the I I'm vested for 6
months. Cannot touch the coin and then
it linear vesting over two years in
conjunction with the predictions that go
out over a 2-year period of time. And
I'm not going anywhere, man. I I really
truly believe this. And the other reason
that I really truly believe in it is
that I get to talk to you. I get to talk
to an entire audience that would
otherwise have like that that no one no
one in my political persuasion is
talking to. None of them. Nobody. And
everybody that is so knee-jerk to the
idea like, "Oh, this is bullshit." I get
it, man. I get it within the community
in crypto Twitter is they've been burned
so many times and they're so skeptical
of anyone that comes along. But look,
man, I'm going to stay out here for the
next year, for the next two years,
however long it takes to prove to
everybody is that I'm in it. I'm I'm in
it to the end. I'm I'm I am engaged not
just in this community for the sake of
being engaged in it but because it is of
great interest to me and I think great
promise to to everybody.
>> Now I have seen uh a couple of different
people I know where you have autographed
their laptops.
>> Coin is called Hunter Biden's laptop.
Like it kind of feels like this thing
that you were attacked for now somehow
is becoming a point of pride for
yourself.
>> That's it. All that's all that's it man.
All of that is is the whole point is
that like that's the other thing in
terms of affinity with this with this
community in my in my estimation is that
a lot of people who you know think that
the the world was written them off or
that you know I mean like Jesus Christ I
mean a bunch of guys that call
themselves dejents you know what I mean
like I get it and one of the things that
was happened to me is that they
connected three words together in the in
the in the in the global consciousness
of of and through the media and that was
Hunter Biden's laptop and I will go down
to on my grave. It will be really
unlikely that that won't be on my
gravestone. And so, you know what I
wanted to do? I reclaim it. Anytime you
say the word laptop, anytime you you say
Hunter Biden's laptop is, you know what?
I'm not ashamed of it. I'm not ashamed
of anything that was in that laptop. I
am I I I'm embarrassed um uh of some of
the things that I did. I would rather
them not, you know, uh, you know, naked
pictures of me with women in motel rooms
is not something that was nice to my my
uh my my family to have to live through.
But you know what? I'm not ashamed of it
anymore, man. I That's me. All of it.
All of the things that are true actually
happened. And you [snorts] know what?
Here I am. Here I am. Here's all of me.
And I'm claiming it back. And you can't
use it as a weapon against me anymore.
And that's um you know that was 100% the
reason that I um uh I called it laptop
and will continue to do so.
>> I I respect the uh hey I'm just going to
own this [ __ ] and uh who cares what
other people say. I respect that. You
and I probably agree on some things. We
probably disagree on some things. But I
think every human, you know, kind of
deep down they got to respect the fact
that someone just says, "Look, I don't
care what you think about me." You know,
right, wrong, or indifferent. I I don't
think that that's a uh a bad approach to
life in general for most people. I want
to do before I let you go, I want to do
rapid fire. I got a bunch of questions.
Some are funny ones, some are serious
ones. Some I think that you'll actually
enjoy. You ready?
>> Sure.
>> Was the cocaine in the White House
yours?
>> No.
>> Oh, man. All right. Uh, two is when you
talk to your dad now, what's the thing
that you guys always say last on the
conversation? Do you say I love you? Do
you say goodbye? See you later. I love
you. Okay.
>> I learned.
>> When's the last time you talked to
somebody in the Trump family?
I think never.
>> Wow. You don't think you've ever talked
to them?
>> No.
>> What is the nickname that your friends
call you or refer to you as
>> from when I was growing up? They called
me Hunt and so they just took off the
er. Um, so yeah, my my my friends from
uh grade school, high school um still
call me Hunt.
>> All right. What is the most fun party
you ever went to?
[laughter]
>> Oh man. The most fun party I ever went
to.
I don't know. I don't know. I don't know
about that one. There's there a lot of
them are just me in a in in a in a uh in
in a hotel room.
>> Yeah, [clears throat]
>> that's it.
>> Yeah. I don't know, man. The most fun
party that I ever went to. I think
probably the most fun party that I ever
went to was my brother's wedding.
>> I again, I respect that answer. I don't
think that's probably the right answer
in terms of uh
>> Well, there's a difference between fun
and wild. We can talk about the wild
later.
>> What's the wildest party?
>> What's the wildest party that you went
to?
>> Oh my god. Um uh the wildest party I
ever went to was in a um the penthouse
suite in the Palms in Las Vegas in like
2018. And I you know and and it it did
not end well. So yeah.
>> All right. When you think about
technology today, you think about the
business world. If you were given a
portfolio, where would you put the
money?
>> If I was given a portfolio, where would
I put the money? Well, I think that I
probably put it in the places everybody
else is putting it because I think that
there is incredible value in it. um in
in Nvidia obviously I think that
regardless of what we think about you
know data centers and what is is that uh
it's going to be key I really I'm really
interested and I don't know enough to
know but I'm really interested in what
Michael Sailor's doing and um MSTR and
and I and I think that it is a entry
point into um into cryptocurrency but I
mean into Bitcoin in particular in a way
that is uh is really fascinating to me
and interesting um and Uh I think that
the other place that I would probably
put it into is um uh just in terms of a
company. I mean I I I still look at
Apple and I just think that they they
have such an incredible um lead as it
relates to their uh their connection to
the retail um uh consumer.
>> What is your favorite or best thing that
you've built with AI?
>> Oh, that's a great question. uh my my my
website for um my art hunterbiden.com.
Go look at it. I mean, it's pretty
simple, but it really like like I was
able to do I was able to do that with
just with minimal um help from anybody
else by myself with no, you know, pretty
cool.
>> In the art world as an artist, what do
you hope people say about you 10, 15
years from now?
>> Oh, I don't care. I mean that one that's
where I really don't care what what what
they say to me in the art world is that
my art to me is just so personal in
terms of I it I love when people love my
art. I mean I really do. I mean just
like anything but that that's where I
truly is um is I I I make art. I mean
look I mean I was going to say I'm in
the middle of a painting here. I'm like
you know there's one over there, there's
one over there. There's 42 behind that
one. And I and every chance I get from 5
in the morning when I wake up um till I
have to go and and do other things like
I get to talk to you which is um uh
truly a pleasure. Um but as soon as I
hang up with you I'll be back um to
painting and and that's my um that's my
my place. I' I've always practiced art
and uh and that is definitely not a
rapid fire answer to a rapid fire
question.
>> That's all right. I got last thing. I
have a piece of advice for you which is
a a job opportunity that I think you can
make a lot of money. It would be
electric content and you probably had a
hell of a lot of fun doing it.
>> Yeah.
>> You ever see the CNN show where they got
the guy Scott Jennings on? He argues
with all the CNN folks.
>> I think you should do this on Fox News.
I think you should get a job at Fox
News.
>> Oh. Oh, on Fox. Oh, I thought you were
going to say that I get to cage fight
Scott Jennings.
I would do that. He's the most
unsufferable prick I've ever I mean
literally I don't think that there's
ever been anyone that's more of a
douchebag in in front of a a a a
TV camera than Scott Jennings. Scott
>> I'm saying you be the Scott Jennings of
Fox News.
>> All right. Piss everybody else. Okay.
Yeah. That's not a bad idea, man. But
they already have Jessica Turlov. She
does a pretty good job. She does a
pretty good job. Yeah. All right. Where
where can we send people to uh to find
you?
uh hunterbiden.com or you know what you
go to is go read my stuff and I mean 90%
of it is freed um u uh on um on substack
but I've written a lot written a lot of
essays I wrote a couple books that I'm
releasing and um I'm in the process of
of writing another book right now that
hopefully will come out um you know fall
next year or so. So yeah,
>> I uh I appreciate you taking the time to
do this. Uh,
>> you a hell of a journey, my friend.
>> Yeah. Well, it's it's just beginning
though, man. This is the cool part. It's
the cool part. So, anytime. I really
appreciate it. Thanks for taking the
time to listen to me. I really mean it,
man. Sorry for the slow start with all
the technical problems on my end.
>> No, all good.
>> Okay. Thanks, man.