PBS - The Open Mind - Venture Capitalist Tim Draper & Bitcoin (excerpts from 9/26/2025 interview)

https://www.pbs.org/video/crypto-or-perish-3dqa2v/ The U.S. has capitalism and so has a real advantage. China, has a dictator, socialist, you know, communist guy. And he's taking away all the incentives for people to innovate and try things. And so he's creating sort of a culture of trying to steal a culture of people who are living in fear. And so I don't even think there's a contest. I think it's all US and all the other free nations, who are going to really benefit from this new revolution in Bitcoin. When you think of the foundations, like the rudimentary foundations of crypto and blockchain. What's most important to you as an investor in securing the technologies, and ensuring their future reliability, consistency, growth. I leave a lot of that up to the entrepreneurs. Entrepreneurs look, and they see problems, and they fill them. They know who their customers are. They love their customers. They improve the lives of their customers. And in almost, all industries, it's the entrepreneur who has filled the gap. The politician often finds a problem, identifies a problem, speaks about a problem. But the solutions generally come from the entrepreneurs and the entrepreneurs, use those solutions, to build businesses. And that is the beauty of capitalism. Most governments that haven't had their heads in the sand are recognizing that they've got to hold some bitcoin because their own currency may not last forever. And they need to be responsible for all their constituents. And so it's a fait accompli. It's coming. And it's just a better currency when there's a new technology and it's better, people use it. People aren't using, Nokia phones or Blackberries anymore because the technology is better on the Apple iPhone. The bitcoin blockchain has never been hacked. Knock on wood. But my bank got hacked, and I lost money. Banks are much easier to hack. So, I don't know why people somehow feel like their fiat currency is safer. It's not, period, it just isn't. Now, it might be safer than putting it into some obscure cryptocurrency, but it's not safer than bitcoin. Bitcoin is, I mean, I think it's the safest currency in the world. And I continue to and people continue to gravitate toward it. Bitcoin used to have a 40% market share. Then it went to 50% on the next boom bust. And now it's at 61%. I think there will be an ongoing gravitational pull there. You don't want to be stuck when there's a big run on the bank. I tell my entrepreneurs put some of your money in a big bank, and then go, uh huh. Some in a small bank, and they say, why? And I say because the US government can bail out a small bank, but they can't afford to bail out JP Morgan. JP Morgan goes under. It's under. I see the argument of diversifying in those three buckets, big bank, small bank, crypto. If these treasuries that are only in fiat currency and sometimes only in one fiat currency, I think they are irresponsible. I think their shareholders will have a case against them if they don't hold some bitcoin. The bitcoin economy is going to be much more, flexible, frictionless, open, transparent, global. It's going to keep perfect records and it's going to be a better economy.

Burlingame Office Park Minimalism

Amy Poehler and Tina Fey embody Pam Bondi and Kristi Noem on SNL

And he thought he was going to get the Nobel Peach Prize??? Lest we forget what Trump said about Gaza just eight months ago - "The US will take over the Gaza Strip;" "This could be the Riviera of the Middle East;" Trump obviously cares nothing for the well-being of the Palestinians. His are self-interests.

In 2011, Trump said, "If there is a shutdown, I think it would be a tremendously negative mark on the Presient of the United States."

President Trump and Vice President Vance use misinformation in their efforts to deploy troops to American cities. The Trump administration is misusing the military to go after blue cities as part of retribution campaign.

2025 Nobel Peace Prize winner Maria Machado of Venezuela is the antithesis of Donald Trump - The Nobel Committee sends a message to Trump - Not only are you not getting the prize, but we don't respect you in the least.

Diane Keaton (January 5, 1946 – October 11, 2025) - RIP

Deputy Chief of Staff Stephen Miller says that Trump has "plenary authority." Then Miller stops cold realizing that he said what he believes, but should not say openly because plenary authority doesn't exist in a democracy. Plenary authority is power that is full, complete, unrestricted and unchecked

(Republican) Speaker of the House, Mike Johnson, thinks 82-year-old Lee Greenwood would make a more appropriate performer for the Super Bowl halftime show than Bad Bunny. Can you say, "Out of touch?"

Malice in Blunderland = Pam Bondi

During today's senate hearing, Democratic senators repeatedly accused Bondi of stonewalling their inquiries and weaponizing the Department of Justice to benefit Trump.

https://www.cbsnews.com/live-updates/pam-bondi-hearing-senate-judiciary-committee-attorney-general/ Attorney General Pam Bondi appeared before the Senate Judiciary Committee on Tuesday for a hearing on oversight of the Justice Department, her first time testifying before the panel since her confirmation. Bondi declined to comment directly on several areas of interest to Democrats, including any potential discussions she had with the White House about investigations involving President Trump's political adversaries, such as former FBI Director James Comey. The effort to bring charges against Comey prompted upheaval in the U.S. Attorney's Office in the Eastern District of Virginia, leading Mr. Trump to appoint a White House aide to head the office. Bondi also deflected several inquiries into her handling of files related to Jeffrey Epstein, the convicted sex offender who died in federal custody in 2019. Earlier this year, the Justice Department said it would not release further information about the case, angering allies and leading to congressional efforts to secure the files from the administration.

Watch Senator Schiff eloquently summarize Trump's DOJ corruption - Attorney General Pam Bondi appeared before the Senate Judiciary Committee today for a hearing on oversight of the Justice Department

Vice President JD Vance shows his true (unbecoming) colors. Is this anyone's idea of good faith?

Senator Whitehouse - What a name! - goes on the offensive with Attorney General Pam Bondi. At Oversight Hearing, Bondi responds to questions with attacks instead of answers. Questions include ones regarding FBI finding incriminating photos of President Donald Trump with half-naked young women. Bondi didn’t say the photos don't exist. Instead, she chose to castigate the senator.

Jimmy Kimmel And Stephen Colbert On Each Other's Shows At Same Time - Take that anti- free speech Oval Office and blind followers!

Re: Government Shutdown, Sen. Cory Booker, D-N.J. says that the Republicans are not negotiating. Remember, the speaker of the House has kept the House out for the last two weeks. We are, for the first time in America ever, because of Donald Trump's attacks on Medicaid and the Affordable Care Act, on the verge of tens of millions of Americans losing their health care and most of Americans experiencing a significant rise in their health care costs.

Re: The Government Shutdown, as Mario Savio put it - It's time to stop the gears of the machine when the machine isn't working for the people

Oct 5, 2025 News: Dozens Killed in Gaza Despite Trump's Call for Israel to Halt Bombing. This calls into question - Does Israel want peace?

Support your local Starbucks Union workers! Unionized Starbucks locations in the Bay Area include stores in San Francisco's Castro (18th & Castro) and Inner Sunset (9th & Irving) neighborhoods, and 1211 Embarcadero in Oakland. These stores are part of a nationwide unionization effort under Starbucks Workers United. Starbucks Workers United, is affiliated with SEIU 1021nwhich represents these workers in their fight for fair contracts and better working conditions.

Pope Leo points out Republican hypocrisy. They say they are, "Pro-Life," but what does that mean when they are pro Capital Punishment and favor the mistreatment of immigrants?