1 00:00:00,000 --> 00:00:23,720 everyone welcome back to the podcast i'm thrilled to have on john mcafee the founder of 2 00:00:23,720 --> 00:00:30,460 mcafee antivirus and ghost token john how's it going it's good tom thank you for having me on 3 00:00:30,460 --> 00:00:36,220 i'm very glad to be here my friend so john we only have 30 minutes so i want to jump right in 4 00:00:36,220 --> 00:00:41,740 i got two quick overall questions then i want to dive into ghost first question for you do you 5 00:00:41,740 --> 00:00:47,460 think that crypto actually matters and it'll be ubiquitous like is crypto virus or do you think 6 00:00:47,460 --> 00:00:49,580 it's the operating system that the world's going to be built on 7 00:00:49,580 --> 00:01:00,120 crypto is based on a mathematical formula called the blockchain and the blockchain is the first 8 00:01:00,120 --> 00:01:09,980 technology that has not come from the bowels of the first world changing technology that has not 9 00:01:09,980 --> 00:01:19,560 come from the bowels of a government black program within the military or from ibm microsoft 10 00:01:19,560 --> 00:01:28,940 apple samsung or some other corporation it came from the people and the technology by and large has 11 00:01:28,940 --> 00:01:39,040 been open source if it's not we don't we don't play with it so open source means it's available to anybody 12 00:01:39,040 --> 00:01:49,620 that what work you have done is now available to the world that you can add to it subtract from it 13 00:01:49,620 --> 00:02:02,420 multiply it whatever you choose um this is a well it's a defining moment in the evolution of the human 14 00:02:02,420 --> 00:02:14,720 cryptocurrency and cryptocurrency and cryptocurrency and cryptocurrency the first application of 15 00:02:14,720 --> 00:02:25,720 cryptocurrency with bitcoin which has far far outlived its life expectancy i mean you've got almighty it's 16 00:02:25,720 --> 00:02:34,400 11 years old 11 years old it has no privacy you can't put smart contracts on that blockchain you can't run 17 00:02:34,400 --> 00:02:45,740 distributed applications for for years bitcoiners are that people on the dark web accepted for payment 18 00:02:45,740 --> 00:02:54,660 now the dark web which is the criminal element of the world and criminals always are the first 19 00:02:54,660 --> 00:03:01,840 to accept new technologies i mean good god almighty when when the telephone came out who were the first 20 00:03:01,840 --> 00:03:10,340 adopters the mob i mean they had nationwide phone systems so that they could coordinate nationwide 21 00:03:10,340 --> 00:03:20,060 criminal activity um what about the uh the eight cylinder automobile that came out in 1932 22 00:03:20,060 --> 00:03:28,800 criminals uh gangsters bought it why you could escape the police because you were twice as fast 23 00:03:28,800 --> 00:03:35,960 as nobody's catching you in that yeah i'm sorry nobody's catching you in the v8 back then yeah no no if 24 00:03:35,960 --> 00:03:43,140 you got a six cylinder buick you're not going to catch an eight cylinder oldsmobile i'm sorry it just 25 00:03:43,140 --> 00:03:51,700 doesn't happen so bank robberies increased tenfold in the early 30s because criminals had the money 26 00:03:51,700 --> 00:04:00,200 the police departments didn't they had to run their cars till they were not work not running anymore no 27 00:04:00,200 --> 00:04:05,940 the gangsters got the latest cars they got the latest phones now they're getting the latest crypto 28 00:04:05,940 --> 00:04:11,880 cryptocurrency what is the latest cryptocurrency it's monero everybody fucking knows this people 29 00:04:11,880 --> 00:04:23,160 nobody accepts bitcoin anymore what was the value of bitcoin the value was its use as a usable 30 00:04:23,160 --> 00:04:31,660 cryptocurrency and for four years everybody in the dark web used bitcoin why infinitely superior 31 00:04:31,660 --> 00:04:41,660 two credit cards which could be traced to a bank account uh now nobody in the fucking world accepts bitcoin 32 00:04:41,660 --> 00:04:51,660 people i'm sorry i wish they did but they don't what do they accept monero the the world's most private 33 00:04:51,660 --> 00:05:00,660 private privacy point because if if you send me a hundred dollars worth of bitcoin or i send jews and 34 00:05:00,660 --> 00:05:10,940 forever after each of us can look in our walls and see how much do we have what comes in and from whom 35 00:05:10,940 --> 00:05:21,260 what goes out and to whom now if if a plumber came to your house and fixed a leaky sink you wrote them 36 00:05:21,260 --> 00:05:30,940 a check for twenty dollars and they went to your bank and said hi you know i have i have a a a check 37 00:05:30,940 --> 00:05:38,160 from john mcafee for twenty dollars can you tell me how much money he has and the bank goes oh absolutely 38 00:05:38,160 --> 00:05:45,000 he's got x amount and he goes good can you please tell me what his last 20 deposits were 39 00:05:45,000 --> 00:05:53,080 and who they were from the bank goes absolutely no fucking problem and you go and now mr bank 40 00:05:53,080 --> 00:06:01,280 from forever after every time something comes into or leaves mr mcafee's account would you please 41 00:06:01,280 --> 00:06:12,260 notify me and the bank goes sure absolutely that my friends is what bitcoin is please what do you think 42 00:06:12,260 --> 00:06:17,520 though about i mean monero is great for private transactions and stuff but people just trust 43 00:06:17,520 --> 00:06:22,900 bitcoin it's 200 times larger than monero so how do you think it's not larger than monero it's not 44 00:06:22,900 --> 00:06:32,200 it's it's nothing you're talking about the fucking market the market is created monitored uh and 45 00:06:32,200 --> 00:06:36,500 maintained by people who know nothing about cryptocurrency my friend they're institutional 46 00:06:36,500 --> 00:06:44,920 fucking investors no monero is the only goddamn currency that's used nobody uses bitcoin people 47 00:06:44,920 --> 00:06:51,120 trade bitcoin but you and i and everybody knows so defensively people are going to catch up 48 00:06:51,120 --> 00:06:57,920 and and catch on and go oh fuck me bitcoin's worthless it is worthless you know it's worthless 49 00:06:57,920 --> 00:07:06,020 please god what is the worth of cryptocurrency the use of it so monero so monero is going to 50 00:07:06,020 --> 00:07:11,100 overtake bitcoin that's what you think like long term or do you think of course it is of course it is 51 00:07:11,100 --> 00:07:18,640 please god let's wake up people why was bitcoin eventually worth as much as it was originally 52 00:07:18,640 --> 00:07:29,160 because it was used as a fucking currency nobody will use bitcoin anymore it's old clunky slow 53 00:07:29,160 --> 00:07:37,680 expensive expensive with zero privacy nobody uses it it's a piece of shit that the world has not 54 00:07:37,680 --> 00:07:42,360 understood yet so john just to play devil's advocate because i want to i want to hear your thoughts on 55 00:07:42,360 --> 00:07:46,560 this i mean there's a lot of ways that they're adding they're trying to add more privacy features 56 00:07:46,560 --> 00:07:56,040 to bitcoin right are you shitting me are you shitting me yes like there's a lot there's a lot you can 57 00:07:56,040 --> 00:08:04,160 add to a model t ford to make it a fucking space rocket good god wake up my friend no it's stupid 58 00:08:04,160 --> 00:08:12,320 fucking please please god you you look like a man with a brain you know better than this you 59 00:08:12,320 --> 00:08:18,560 fucking know better john i agree with you on the need for privacy i just i mean it's just not a reality 60 00:08:18,560 --> 00:08:26,680 not just privacy not just privacy show me how the fuck you put a smart contract on the bitcoin 61 00:08:26,680 --> 00:08:34,400 blockchain impossible well what use is a goddamn blockchain that a smart contract everybody has a 62 00:08:34,400 --> 00:08:42,980 smart contract except bitcoin what about a distributed application you can't put depths you can't put 63 00:08:42,980 --> 00:08:50,320 depths on a please god please wake the fuck up if you actually believe bitcoin is worth more than 64 00:08:50,320 --> 00:08:57,560 five cents then please explain that to me so so john where's the money going to flow though i mean why 65 00:08:57,560 --> 00:09:02,000 why are people buying bitcoin today if it's not because they're stupid they don't understand the 66 00:09:02,000 --> 00:09:09,420 blockchain that's why they don't understand cryptocurrency that's why please wake up people 67 00:09:09,420 --> 00:09:15,380 please god so john let's talk about your new your new token ghost you guys have a lot of i mean this 68 00:09:15,380 --> 00:09:18,880 is really well thought out you have a full white paper on it all the privacy features you're going to be 69 00:09:18,880 --> 00:09:23,840 adding to it you know how is this going is this live is this being released right now what's what's 70 00:09:23,840 --> 00:09:32,380 the status of ghost it's a big well the main net is uh going alive on the 22nd of this one 71 00:09:32,380 --> 00:09:45,240 um we already have done the airdrop to people with ethershare i just yesterday announced the ghost 72 00:09:45,240 --> 00:09:54,280 telephone on which the ghost privacy coin will be based uh and also today we announced the ghost 73 00:09:54,280 --> 00:10:02,360 exchange the first distributed exchange which you can exchange a privacy coin on you can exchange a 74 00:10:02,360 --> 00:10:14,420 from bitcoin exchange it for ethereum dai those are the three most popular um it's all absolutely 75 00:10:14,420 --> 00:10:22,080 anonymous and private please if you think that you that people 76 00:10:22,080 --> 00:10:35,300 people want a coin in which every fucking transaction that you made is visible to the entire fucking 77 00:10:35,300 --> 00:10:47,140 world what insanity is this please god it makes no sense so every transaction you make what balance you 78 00:10:47,140 --> 00:10:54,960 have in your fucking wallet every everywhere you send money let's say if you and i exchange five 79 00:10:54,960 --> 00:11:03,600 dollars with the bitcoin from now on if you send four hundred thousand dollars to a bitcoin address in 80 00:11:03,600 --> 00:11:11,440 england which everybody knows what the addresses are that's really the uh uh rolls royce of london i want 81 00:11:11,440 --> 00:11:18,740 to go hey which rolls royce did you buy please god wake up people it's a worthless fucking piece of 82 00:11:18,740 --> 00:11:25,220 shit we all know it we all know it when do people realize it though i mean when so i don't give a shit 83 00:11:25,220 --> 00:11:31,860 when they realize it's not my problem i don't give a shit all i'm doing is understanding what does have 84 00:11:31,860 --> 00:11:39,800 value no who cares who cares here's the problem with the cryptocurrency world people are using it as a 85 00:11:39,800 --> 00:11:47,400 way to make money by exchanging do you understand the stupidity of that cryptocurrency is the golden 86 00:11:47,400 --> 00:11:56,580 fucking key to unlock your cage of financial slavery people and you're using it to scratch your fucking 87 00:11:56,580 --> 00:12:04,200 asses by by exchanging it on exchanges it's cryptocurrency is not a goddamn market people 88 00:12:04,200 --> 00:12:14,780 it's a reality it's a fucking reality monero is the the only well and dai monero and dai the only 89 00:12:14,780 --> 00:12:20,920 realities in cryptocurrency the rest is fucking garbage people you guys are are trying to make 90 00:12:20,920 --> 00:12:28,680 money off of it oh fuck you you can't fuck you so so john the i guess what you're saying is that 91 00:12:28,680 --> 00:12:34,060 the exchanging the storing value that's all whatever the real value is in changing the way people 92 00:12:34,060 --> 00:12:39,140 interact communicate stuff like that on a global basis so all the financial like the defy stuff 93 00:12:39,140 --> 00:12:44,240 is kind of useless is that is that what you're saying what i'm saying is that cryptocurrency is a 94 00:12:44,240 --> 00:12:54,460 goddamn currency crypto currency those who use it as currency will create the value for that currency 95 00:12:54,460 --> 00:13:00,260 which is why monero is now worth a thousand times more than bitcoin even though the markets don't 96 00:13:00,260 --> 00:13:06,700 represent it i don't give a shit in five years it will represent it because people smarten up 97 00:13:06,700 --> 00:13:17,060 no the the value of any cryptocurrency is what is its use dai what's its use never varies more than 98 00:13:17,060 --> 00:13:23,700 one percent from the u.s dollar well that's just dai you can pick you can pick stable coins based on 99 00:13:23,700 --> 00:13:31,140 anything diamonds the euro a basket of currencies i haven't seen one about the length of anybody's 100 00:13:31,140 --> 00:13:40,260 dick yet but i expect them to no these are stable fucking coins dai never has very more than one 101 00:13:40,260 --> 00:13:47,060 percent so that's valuable not as an investment who fucking wants to invest in something that never 102 00:13:47,060 --> 00:13:54,500 goes up or down no as a fucking usable instrument of fucking exchange so you don't have to get out 103 00:13:54,500 --> 00:14:02,580 into dollars anymore or euros or pounds or japanese yen drop it in dai you're not out of crypto 104 00:14:03,460 --> 00:14:10,820 it'll stay there absolutely without changing value for fucking everything when you're ready to get into 105 00:14:10,820 --> 00:14:17,780 another currency do so do you understand so john for the what about what about for the giants though 106 00:14:17,780 --> 00:14:22,820 like i mean like the you know the asset millions of dollars they want just the giants of the space 107 00:14:22,820 --> 00:14:26,740 the banks they want asset they want exposure to bitcoin because they want to search for yield they want 108 00:14:26,740 --> 00:14:31,220 uncorrelated asset they don't care about privacy so what's going to happen to them how do they get 109 00:14:31,220 --> 00:14:36,660 involved well they're going to lose all their money if you think bitcoin is a sport 110 00:14:36,660 --> 00:14:49,140 of value are you fucking kidding me people i mean is is the air a store of value is a garbage dump 111 00:14:49,140 --> 00:14:56,500 a store please people wait the fuck up there's no store of value in cryptocurrency there's just utility 112 00:14:57,380 --> 00:15:05,140 it's always been utility for four years bitcoin was utility but john why can't utility be a store of 113 00:15:05,140 --> 00:15:10,900 value why can't my utility it is it is a store of value but there's no utility to bitcoin do you 114 00:15:10,900 --> 00:15:18,020 understand what utility go on the dark web find a single fucking vendor that will accept bitcoin 115 00:15:18,020 --> 00:15:27,540 anymore nobody 100 is monero do you understand so just like everybody in the very beginning on the dark 116 00:15:27,540 --> 00:15:36,180 web was bitcoin nobody accepted the credit cards now nobody accepts bitcoin everybody accepts monero 117 00:15:36,900 --> 00:15:44,340 the world changes people wake the fuck up so john going back to the privacy idea you're launching ghost 118 00:15:44,340 --> 00:15:49,700 which is a privacy focused token you have a couple use cases for it already especially the cellular data plan 119 00:15:49,700 --> 00:15:53,860 how does that then compete with monero like why should i use ghost and not monero 120 00:15:53,860 --> 00:15:59,220 but i don't know that you should i'm not saying you should but the problem with monero is this it 121 00:15:59,220 --> 00:16:07,860 cannot be exchanged on a decentralized exchange it's because the fucking i mean it's gorgeous 122 00:16:07,860 --> 00:16:14,580 let's say privacy going you can't exchange it on a decentralized exchange the blockchain is just too 123 00:16:15,140 --> 00:16:21,860 we've tried we've tried honestly god everybody's tried it can be done um now what's the problem with 124 00:16:21,860 --> 00:16:31,540 monero when you do want to get out of monero into dollars yen whatever or bitcoin or ethereum you 125 00:16:31,540 --> 00:16:39,700 have to exchange it on a centralized exchange all centralized exchanges today are under the thumb of 126 00:16:39,700 --> 00:16:47,700 governments everyone try to get onto binance without giving them your your your driver's license or your 127 00:16:47,700 --> 00:16:56,340 your passport or your address or your bank account information what you're fucked as soon as you get 128 00:16:56,340 --> 00:17:04,260 out of monero you're fucked people no on a decentralized exchange like the mcafee decks or the ghost decks 129 00:17:04,900 --> 00:17:11,860 um well we got no information we don't know who the fuck you are you never had to put up your driver's 130 00:17:11,860 --> 00:17:18,740 license or email address or anything nothing you're an anonymous motherfucker doing exchanges 131 00:17:20,100 --> 00:17:25,220 john how do i get how do i originally get ghost though right there's got to be some link between 132 00:17:25,220 --> 00:17:30,100 my wallet my money and bitcoin or something and ghost like there has to be some link there right 133 00:17:31,300 --> 00:17:38,580 well i mean okay we've already announced on the 22nd the the ghost exchange will exchange ghost bitcoin 134 00:17:38,580 --> 00:17:44,660 ethereum and dai i don't know i don't know originally you can't get any more you're too late 135 00:17:45,700 --> 00:17:52,580 only holders of esh ethershare got ghost coins i'm sorry you didn't hold leave the share you didn't get 136 00:17:52,580 --> 00:17:59,700 ghost you can buy it now you can buy it on any number of centralized exchanges but then you risk the 137 00:17:59,700 --> 00:18:07,860 same thing and those centralized you're saying you got no privacy on the 22nd when the ghost exchange 138 00:18:07,860 --> 00:18:16,980 goes live you can exchange it and anonymously with anything you want got it got it that makes i 139 00:18:16,980 --> 00:18:21,540 guess that makes sense so i guess the other thing john is how do you get how do you build a community 140 00:18:21,540 --> 00:18:26,420 around ghosts like monero has this great community we might not agree or you might not agree but bitcoin 141 00:18:26,420 --> 00:18:33,140 has a massive global community how do you get a community for ghosts we already have thousands of 142 00:18:33,140 --> 00:18:42,580 people on our telegram the ghost the ghost coins started out at a tenth of a penny it's now a dollar 143 00:18:43,140 --> 00:18:50,020 and 75 cents i i mean i don't know it did that not by itself but through the community people 144 00:18:52,100 --> 00:19:01,140 let's face back bitcoin people has got no goddamn value at all it's not worth 50 cents you know it's not worth 145 00:19:01,140 --> 00:19:06,740 50 50 fucking cents so bitcoin's going to zero it's just it's just hard to think this is going to 146 00:19:06,740 --> 00:19:14,740 zero of course it's going to zero duh what's that if nobody will accept it if no one will accept it 147 00:19:15,380 --> 00:19:23,300 and you show me a single goddamn vendor that will accept bitcoin well i'll eat my fucking shoe nobody 148 00:19:23,300 --> 00:19:29,220 does it's worthless i guess why does it matter though that a vendor accepts that if everyone 149 00:19:29,220 --> 00:19:35,620 around the world accepts that you tell me what the value of a cryptocurrency is if not the acceptance of 150 00:19:35,620 --> 00:19:43,540 the fucking currency please what i don't understand it a currency oh i'll take a dollar for this or three 151 00:19:43,540 --> 00:19:50,340 dollars or a yen that's value but no one will accept the goddamn bitcoin anymore used to be everybody 152 00:19:50,340 --> 00:20:00,740 accepted bitcoin 2015 everybody accepted it now no one will accept it what the is the value of a coin 153 00:20:00,740 --> 00:20:08,980 no one accepts i don't understand the question i don't i don't please god help me understand what your 154 00:20:08,980 --> 00:20:15,540 question is yeah i i guess my question is though vendors don't have to accept it for it to have value 155 00:20:15,540 --> 00:20:22,900 i accept it i'm not gonna you do when's the last fucking i'm serious dude when's the last goddamn 156 00:20:22,900 --> 00:20:30,820 time you accepted bitcoin for something that you fucking sold tell me you're lying to me and you know 157 00:20:30,820 --> 00:20:37,060 it we accept bitcoin for our consulting services all the time how much how much per month thousands to 158 00:20:37,060 --> 00:20:43,140 dollars thousands all right okay okay so you would be except the only fucking exception i've ever heard of 159 00:20:43,140 --> 00:20:49,460 and thank you for enlightening me okay so maybe bitcoin has some value as long as you accept it you 160 00:20:49,460 --> 00:20:56,180 show me another fucking person that will accept bitcoin i gotta i gotta get a list going and ask people 161 00:20:56,180 --> 00:21:03,300 you get a fucking list and go on the dark web and let's look at the tens of thousands of vendors 162 00:21:03,300 --> 00:21:10,340 that only accept monero wake the fuck up my friend i'm sorry wake the fuck up john do you think though 163 00:21:10,340 --> 00:21:15,780 that the market for illicit drugs accepting monero is bigger than the market for the world buying 164 00:21:15,780 --> 00:21:22,180 bitcoin though no no absolutely not absolutely not but let me tell you something the dark web is the 165 00:21:22,180 --> 00:21:32,180 beginning of all truth of value do you understand criminals who use who use the v8 automobile to rob 166 00:21:32,180 --> 00:21:42,740 banks criminals criminals right why when the v8 came out bank robberies in america increased 10 167 00:21:42,740 --> 00:21:49,940 fucking fold because the police were five years blind okay getting your v8 automobile not v8 straight h 168 00:21:50,820 --> 00:21:57,780 you could outrun the fucking police the mob who was the first organization to use telephones 169 00:21:57,780 --> 00:22:07,140 the mob the fucking mob why they could coordinate their activities nationwide criminals always use 170 00:22:07,140 --> 00:22:14,340 the first fucking technology please wake up so john what happens to our let's say let's say ghost token 171 00:22:14,340 --> 00:22:20,260 let's say monero let's just throw in bitcoin right why not let's say they take off in a massive scale 172 00:22:20,260 --> 00:22:24,420 what happens to our government do we still have a government how do we pay for the firefighters the police 173 00:22:24,420 --> 00:22:30,340 like how does what does the world look like how did we pay for them before we had income taxes my 174 00:22:30,340 --> 00:22:38,660 friend in 2013 america was the greatest industrial power in the world we had no income tax we had no 175 00:22:38,660 --> 00:22:51,460 income tax me learn some history learn some history people what i said 1913 did i oh 1913 janice is like 1913 176 00:22:51,460 --> 00:22:59,540 um we had no income tax and prior to that america was the industrial power of the world when the 177 00:22:59,540 --> 00:23:07,220 income tax came we lost that fucking position people so that that does not matter to me 178 00:23:08,340 --> 00:23:12,660 judge what do you think though about america today you think we're losing our edge about what 179 00:23:12,660 --> 00:23:16,580 what do you think about america today though as a power us dollars reserve currency do you think 180 00:23:16,580 --> 00:23:24,660 we're losing our edge do you think it's gone what do you think about it are we losing our edge would 181 00:23:24,660 --> 00:23:31,300 you look at the chinese the russians the japanese we're losing our edge in 10 years america will be 182 00:23:31,300 --> 00:23:37,460 a third world's fucking country people got it got it so i guess uh i guess you don't want to live in 183 00:23:37,460 --> 00:23:43,300 america then no i do want to live in america i just can't they won't let me back in what can i tell you 184 00:23:43,300 --> 00:23:49,540 that's that's fair so uh john we're out of time we're out of time my friend thank you so much 185 00:23:49,540 --> 00:23:56,260 i've really enjoyed thanks so much for coming on all right