Car Studio 20: Bitcoin Explained

Above all, the most important thing to know about Bitcoin is that it is completely independent of your computer or any digital hardware. You could destroy all your hardware and as long as you have your seed phrase, you have your Bitcoin. That is absolutely true.

My best shot at explaining Bitcoin from bottom to top. Best explanation ever:

Or on Spotify:

Practical Summary

  • Bitcoin is not digital currency, it’s mathematical currency.
  • Your seed phrase equals your money. Your computers and thumb drives can all die and you still have it.
  • You can buy metal tags to write your seed phrase on.
  • A public key is an account number.
  • A private key verifies your identity as the owner of the corresponding public key and gives you permission to spend the balance of the public key’s account.
  • A public key is generated from a private key mathematically. The reverse cannot be done. A private key cannot be generated from a public key. This is the nature of the one-way math problem described in the podcast.
  • You could stop there and own Bitcoin in a single account, but then your balance and all your transactions are public and linked to the single public key account number.
  • A single private key public key pair would represent a wallet with a single account.
  • A wallet can be a collection of multiple connected key pairs that together represent the balance of the wallet and the ability to spend it.
  • A seed phrase generates multiple private keys, nearly unlimited, and each private key generates its corresponding public key.
  • Like the private key cannot be generated from the public key, the seed phrase cannot be generated even from all the corresponding private keys. The keys generated from a seed phrase appear random and unrelated unless you have the seed phrase – another one-way math problem.
  • The seed phrase is everything and is designed to be written down by humans completely off computers. The seed phrase represents the security of your balance.
  • The extended public key is the key to just your public keys, so the full balance of the wallet, but not the ability to spend the balance.
  • The extended public key represents the privacy of your balance.
Setup I Recommend
  • I recommend sparrow wallet on a completely offline laptop.
  • Write down your seed phrase in multiple secure places. Possibly commit the seed phrase to memory by repetition.
  • I also recommend using a passphrase in addition to the seed phrase.
  • Laptops have a camera, which is helpful for using QR codes.
To Receive Bitcoin

To receive, simply generate a receive code (public key) from your Sparrow wallet and send Bitcoin to that code from an app like Coinbase. Sparrow wallet creates a QR code to send to. It’s self-explanatory when using a phone app, usually called transfer Bitcoin.

To Spend Bitcoin
  1. Use BlueWallet on your phone to create a partially signed Bitcoin transaction from an online wallet of a public key with a balance.
  2. Transmit the PSBT to the offline laptop wallet using a QR code. Cobang is a linux app to read QR codes with the computer’s camera.
  3. Sign the PSBT with Sparrow.
  4. Send the signed transaction back to the phone with a QR code.

Incredibly Stressful

On 21 April 2025, I learned that mankind did not go to the Moon. In the half-year that followed, my eyes were continuously opened to the deception that runs the world, 179 days of stressful loss of innocence. Hopefully this ended on 17 October when I became reasonably certain and have hopefully accepted finally that most people will never really see the matrix, possibly including myself.

Dave Chapelle described being called crazy “incredibly stressful”. I have to agree.

7 Oct 2023: Israel attacked

Jan 2024 Katt Williams, “all lies will be exposed in 2024”

Sep 2024 Sean Combs arrested

2025

~ Apr I searched for Blake Lively Justin Baldoni and found Candace Owens.

~ Apr I listened to the Brigitte Macron series by Candace Owens.

18 Apr I sent a text that confirmed that I firmly believed Trump had been shot, a fact I had been using to “know” that Trump was real opposition because you can’t fake being shot.

21 April 2025

I found out Apollo missions were faked, which really opened up a lot more deception.

23 May I decided to see Katt Williams because I remembered him saying “all lies will be exposed.”

12 June: I texted, “I see the matrix. I cannot unsee it” and I believe that remains true. I cannot unsee it, and although it sounds funny, it is really like a matrix.

25 June I realized the Trump assassination attempt in Butler Pennsylvania was fake. Trump was not shot. His shoes came off though (submission to the lodge).

16 July Trump called the Epstein case a hoax.

10 September Charlie Kirk was “shot”

20 September I received the palm pistol video and “Khazarian Mafia” article.

26 September I saw Katt Williams live in Columbus.

28 September I realized Candace Owens is controlled opposition… along with almost everybody else. My “heroes” list became my controlled opposition list.

10 October no school shootings I was wrong about that. Not predictive.

10 October Freemasonry recording.

11 October I watched Snake Eyes.

11 October I can describe the extra layer required to explain our experience.

17 October conversation with friend. Conclusion, I will not change minds. Many will never see what I see.

The Power Layer

Note: “power” includes money, influence, control, women, humanity, resources, everything people need and want.

Note 3 December 2025: I am considering a change of title to The Underlying Story Telling of Fiat Currency

We perceive that several / many factions compete for power, we see the competition before us, and a story unfolds that eventually becomes known as “history”. In fact, the power brokers compete for the story itself before anything happens. The story we are told need be true just barely enough for the masses to accept it and act on it. Power is actually contained in the story itself (not in fighting directly with brute force to make the story real, reality is barely relevant). “History is written by the victors” unfolds constantly, not just after wars are won and lost. Power brokers compete not directly for power, but for a version of the story / history in which they have the most power. If you fight a war, you risk losing all. If you compete over what story will be told, you guarantee your position among the power brokers regardless of the outcome of any war or competition.

This accounts for the massive inconsistencies in the story we are told.

This is consistent with the CONCEPT of freemasonry, which I think is relevant as an IDEA if no longer as an organization.

The dumber humanity is, the greater the inconsistencies in the story can be. The dumber humanity, the more flexibility you have in writing the story. This accounts for governments apparently wanting people to be dumb.

As humanity becomes more unified and as it becomes more difficult to convince humans to fight other humans, the power brokers introduce things like microbes and aliens to be our enemies.

As humanity becomes more unified / “one-world-government-like” it looks more and more like a single unified faction telling the story, so when a conspiracy is theorized, it is automatically assumed to be suggesting a single cabal controlling it all even if it’s actually still a competition behind the scenes.

A football game in 4K looks like two teams competing. A football game viewed from outside the stadium (which is where we stand) looks like some people making a bunch of money selling tickets, which is indeed what we perceive. Neither side really loses, that is agreed on ahead of time. They (“they”) aren’t stupid.

Snake Eyes movie quote: “That’s called the first draft of history.

Typical Businesses
  • Media, all media: news, movies, music.
  • Government Intelligence: CIA, Mossad (intelligence agencies don’t just read media, they control it)
  • Psychology
  • Banking
  • Politics
  • Pharmaceuticals 
  • Personal security to include the Secret Service
  • Space, NASA, Space Force
  • Modeling, fashion, beauty pageants
  • Porn 
  • Pedophilia
  • Orphanages
  • Human trafficking
  • Coroners 
  • Piping?
Money Drives Media

Note 3 December 2025: this should be Media Creates Money with Storytelling

I think one of the biggest misconceptions we have is that media makes money by advertising, especially that successful media makes significant money by accurately or even sensationally reporting politics or resonating with people. We imagine that if some media makes enough money, it will be successful and drive money and power. I understand that it can. I understand the concept. However, I think the reality is that political commentary of all kinds is almost always bought as an investment to drive what is popular, to control what people think. Media is purchased as an investment in the creation of politics, an investment in influence on the story that shapes and constructs the collective human consciousness.

Power money drives media and the media narrative. The media never drives enough money to influence real power.

Advertising revenue can be assume to be zero for the purposes of knowing which media is relevant. Ratings are only relevant to know which media is worth investing in for influence and power by those who are big enough to profit from the broad narrative driven by media.

Media is always telling you what to think. Media is never really reporting what you have decided to think.

Produce. Persist. Own. Succeed. Fail. Care. Do. Learn. Win.