Live from Bitcoin Beach in El Zonte, El Salvador, we’re diving into an interesting discussion of how Bitcoin can be a powerful tool to maintain election integrity through timestamping and immutable election data. Our guest, Carliño, shares his insights on Bitcoin as used in real-world situations beyond the financial systems, and how Guatemala became the first country to protect its election transparency using this revolutionary application of Bitcoin.

How can Bitcoin be used to protect election integrity? With Bitcoin’s blockchain technology, the timestamp of election data is possible using the blocks in Bitcoin as a reference for time. It’s not prone to fraud or manipulation and so, provides transparency in the voting process and strengthens the democratic power of a nation, as has been evident in Guatemala. This technological application remains true to the basic principles of Bitcoin of decentralization, transparency, and resistance to censorship.

The importance of resistance to censorship also happens to be very personal for Carliño. He and his family experienced being on the watch list of the United States Treasury Department without warning or due process. While in the middle of baseless, unjust sanctions, they have to let go of their employees and close their business. Carliño declares how the government has the upper hand and that decentralization is necessary to achieve financial sovereignty.

The conversation shifts to his life in Guatemala and what else Bitcoin can do for their country. As someone who grew up at a time of political unrest in Guatemala, the revolution truly empowered their citizens to live out their democracy, fully participative in overseeing their voting process. Now, with the help of Bitcoin to audit their elections, the citizen’s participation is rewarded with Satoshis. And this is a big step towards Bitcoin adoption. Carliño hopes that Central America becomes the first region to experience and maximize Bitcoin leading them to prosperity and better quality of life for its citizens.

There is so much to unpack in this episode, from Bitcoin’s contribution to election transparency and what led to Carliño’s belief in Bitcoin’s potential and the great possibilities it can be used outside of financial sectors. Make sure to listen until the end!

Check out the timestamps to follow through with our conversation:

00:00:00 – How Can Bitcoin Revolutionize Election Integrity?
00:00:54 – Who is Carlino and What’s His Bitcoin Beach Story?
00:03:13 – What Inspired Carlino’s Journey into Bitcoin?
00:08:49 – What Makes Guatemala’s Monetary Policy Unique?
00:11:09 – How Did US Treasury Sanctions Impact Carlino’s Family?
00:16:09 – What Are the Real-Life Effects of Being on the OFAC List?
00:22:11 – How Do US Regulations Affect Americans Abroad?
00:23:02 – How Does US Government Policy Impact Global Competition?
00:24:04 – What Was Growing Up in Guatemala Like for Carlino?
00:24:58 – Why Is Community Engagement Essential in Guatemala?
00:26:53 – What’s Special About Guatemala’s Voting System?
00:28:11 – How Do Elections Foster Civic Participation in Guatemala?
00:35:30 – What Are the Challenges in Maintaining Election Integrity?
00:42:51 – How Is Bitcoin Used in Election Audits?
00:46:17 – What’s the Importance of Bitcoin Timestamps in Legal Security?
00:47:22 – Can Bitcoin Truly Protect Elections from Fraud?
00:49:25 – What Challenges Arise in Auditing Elections with Bitcoin?
00:51:00 – What Does the Simple Proof Documentary Reveal About Bitcoin and Elections?
00:52:00 – Can Bitcoin’s Timestamping System Work in US Elections?
00:55:34 – Why Is Bitcoin Crucial for Election Transparency?
00:56:53 – How Does Incentivizing Election Audits with Bitcoin Work?
01:03:25 – What Are the Challenges of Promoting Bitcoin in Guatemala?
01:07:29 – How Could Bitcoin Influence Trade Between El Salvador and Guatemala?
01:09:31 – How Are Elections and Awareness Shifting in Guatemala?
01:09:43 – What’s the Risk of Election Interference in Guatemala?
01:11:41 – What Makes Election Auditing Challenging in Times of Political Turmoil?
01:14:10 – How Can Transparent Elections Be Promoted with Bitcoin?
01:16:46 – How Does Stack Works Combine AI and the Lightning Network for Employment?
01:17:47 – What Role Does Twitter Play in Future Elections and Bitcoin Discussions?
01:18:28 – How Can Bitcoin Ensure Transparency in Presidential Elections?

Thank you for tuning into this episode!

Don’t forget to follow and support Bitcoin Beach and the creation of Bitcoin circular economies 👇
X: https://twitter.com/Bitcoinbeach
Instagram: https://www.instagram.com/bitcoinbeach/
TikTok: https://www.tiktok.com/@livefrombitcoinbeach
Web: https://www.bitcoinbeach.com/

In the case of elections, this is extremely  valuable. Because as elections are happening,   if you can timestamp all of that data  as it’s coming in, and as it’s created,   you’ve essentially created forensic information  using Bitcoin that can allow people to determine  

What the probabilities are that a certain document  is real or fake, you effectively reduce 99% of the   attack surface of an election to very, very small  moment in time. The beginning. Carliño, It’s good   to see you back here at Azonte. Mucho gusto,  Mike. When was the last time you were here? Was  

That a year ago? Ah, something. Yeah, probably a  year ago. Well, no more actually. I just remember   you had this like cryptic conversation with me  that you know, you were starting this new thing,  

And you are going to have to go off the radar for  a while. And now we’re here to talk about that   cryptic thing that you were involved with. Popping  back up? So, Bitcoin protecting elections. I came  

For democracy, but I stayed for Bitcoin. So, I’m  pretty excited to delve into this. It’s going to   probably be way too technical for me. So you’re  gonna talk to me like I’m a kindergartener – like   my kids talk to me. But, excited to dive into  this. And see, I know, there’s something that  

You’ve been super passionate about from the very  beginning. I think even the first time you guys   came before the Bitcoin law was passed here, and  you guys came to visit us here, you were talking  

About this project. I found out about your work in  December 2020, when we were part of the la Bitcoin   Blockchain for Humanity Awards. And so yeah,  thanks to following this passion, this itch that I   have to scratch, I ended up finding out about what  you’ve been building here. And so, it’s what led  

Me to come in April 2021 and meet with you before  it all. You guys just randomly showed up. And that   was before, now of course, people are coming here  all the time. But at that time, we hadn’t had that  

Many visitors. So it was you guys were the first  kind of Central Americans that had come. There   had been people from the US but it was for me, it  was kinda like, ‘Wow, we got people traveling from  

Guatemala now to kind of see what’s happened in  here.’ So that was really exciting. But yeah, love   to hear your Bitcoin story. How you were first  exposed to it and how you made this connection   with how to protect elections. Well, connection to  the elections came a little later. But the short  

Version of how I came to Bitcoin is Guatemala has  a university that is Austrian economics inspired,   called Universidad Francisco Marroquin and  the dean or the head of the university was   a libertarian, Austrian economic school. So,  they were part of that first wave of people  

That through the libertarian circles found out  about Bitcoin. I don’t want to get off a roll.   But I’m bringing up something that I am curious  about on a personal level. So how did that get   started in Guatemala? Because Guatemala does not  seem to me like a libertarian bastion that would  

You see a school like this sprout up? So? It’s  the story of Muso Ayau, a very famous Guatemalan,   where I’m from, who studied at the University of  Chicago under Hayek. And so he was a student of  

Hayek, and his family passed away now. He studied  back in the mid-20th century. And I must say I was   very interesting to have been a student of Hayek.  And so when he graduated, and he moved back to  

Guatemala, his family was like, alright, you know,  take the wheels of the enterprise. He says, no,   no, no. I love that you have the wheels  of the enterprise, you keep doing it,   but just give me the profits, I’m going to start  a university that’s going to be of the school that  

I’m a part of. And so he founded Universidad  Francisco Marroquin ufm.edu, and it’s the only   Austrian economics University in Latin America as  far as I know. And so at that time, Guatemala had   a national university that’s 300 years old that  was a leader in academia but have been falling  

Down the fiat rabbit hole and the quality was  going down. And so this private university kind   of filled that niche of people looking for quality  education. And so over the past 50 years or so,   the Guatemalan elite have sent their kids to that  school and if they didn’t go study abroad. Ah huh,  

But that’s considered like the top school in  Guatamala. Well, for certain things. So there’s   another university that’s more from like the USAID  realm, which is called the Seattle VI. And then   there’s Catholic University, Landívar, and there’s  a bunch of schools. How big like in a graduating  

Class? I don’t know. I was part of the MBA program  at one point and quit halfway, because I realized   that MBA programs are money sinkhole, and you’d be  better off just starting putting that money into  

Your business. MBA in English or in Spanish? So  a lot of the classes are in English. I was part   of their second MBA program, because they have  two competing ones. It’s called the Acton MBA.   And I took this course called ‘Life of Meaning’,  and that really changed my perspective on stuff  

And realized that I was wasting my capital that I  could use to start a business and it’s funny, you   go to school, you realize it was actually a really  unique program. Yeah, but they were probably   fine with that. Because if that’s what they’re  leaning. Well, at the business school, though,  

So they were there’s legends of a dude coming to  Marroquin and giving a Bitcoin talk back in like   2010 or something and literally like handing out  paper wallets to all attendees with five Bitcoin  

In it. Should you not and so. None of them how  old are they lost. I’ve yet to find someone that’s   like and I’ve still got that. And so then there  was also I’ve got a friend who was in the finance  

MBA program, who at one point, that you got for  extra credit in your MBA program, they would give   you Bitcoin. And again, though, not all of them,  but that’s how Guatemala got exposed to Bitcoin,   very early on through this. And is that, are they  connected to the Liberland? Liberland. So, there  

Was Francisco Marroquin who has a very colored  history. And I I can suggest some folks to come   in and speak to it. I’m not a very good historian  of Marroquin, just from my perspective is always   seen as it’s been throughout my life seen as the  elite school within Guatemala. And so yeah, that’s  

Where the elites send their students. And so the  hope was that over time, you know, the Libertarian   Austrian school would rub off on the elite. In  practice, what’s happened is the opposite in   my personal opinion. And is that because the  school has changed what they’re teaching or  

It just hasn’t really? There’s a lot of things in  Guatemala that is very complicated. But I guess if   you had to pinpoint to one cause, in my opinion,  it’s that the schools have filled a political role   and that they literally sit on certain boards  that have the power to elect certain government  

Officials. And so, the school was founded from  the beginning with a very activist approach. The   reason Guatemala is a statistical aberration  in terms of monetary policy, and I invite all   Bitcoiners to look at all world currencies over  the past 20 years. And you will find that the  

Guatemalan Quetzal, our national currency, is an  aberration particularly when you compare it across   America the reason was that Musso the founder  of the school was very politically active and   was able to set locks into our central bank. And  so, money issuance is prohibited in Guatemala.  

That’s a big reason why the Guatemalan Quetzal  is disturbingly stable. And I always assumed   that it had some type of artificial peg. Yes,  if the Guatemalan Quetzal were allowed to float,   it would actually appreciate versus the dollar,  as opposed to the rest of Latin America that is  

Suffering from hyperinflatio. Guatemala would  actually be stuck in a deflationary cycle that   would bankrupt our export industry, and would  further cause even more joblessness and increase   migratory patterns. And so they’ve found, in  my opinion, a hack where they’re not allowed  

To print money but they are allowed to play with  all the dollars that are being sent by migrants   to keep the essentially, inflate the currency to  keep it from appreciating bankrupting exporters.   Do you think that’s part of the reason? Because  I found in general Guatemala seems cheaper than  

El Salvador. Do you think of that? No, I think  that’s probably the Venezuelan influence over   the past 20 years in El Salvador and then sort  of just the state coming in and paying a bunch of   people a bunch of free money whereas in Guatemala,  we’ve always just had a larger industry and larger  

Workforce. And so kind of the beachhead over the  Central American economy were always the big dogs.   Yeah. Interesting. I didn’t mean to get off on  that tangent. But I’ve always heard these little   bits and pieces about that university. And so I  was like, alright here’s my chance to find out.  

It’s the story that I am very happy to go into.  Okay, so back to what you were originally talking   about. So, let’s see. As part of the elites in  Guatemala that was exposed to Bitcoin early on  

But didn’t really think about it and I was working  at a company. I was born and raised in Guatemala,   went to school in the States, Chapel Hill in  North Carolina, and back to Guatemala, and started   working with a company that overnight was placed.  What type of school did you go to a bilingual  

School in Guatemala? It’s a bilingual school in  Guatemala City called Colegio Interamericano and   it had American, United Statesian, and Canadian  teachers since kindergarten. Yeah. I mean,   you don’t have much, you don’t really have an  accent at all. So, my grandmother is originally  

From Illinois. And my mom was raised in both the  US and Guatemala. And so technically, my mother’s   tongue is English. I would speak English with  my mom and my cousins who lived in the States,  

And then at school in my English classes. But in  Spanish with my brothers and my dad. I was always   the weirdo. So I moved back home, started working  with a company. Sorry, I’m gonna keep interrupting   here because I’m curious to your history. Did you  have any thoughts when you finish school there of  

Staying in the US? Did you know all along that  you weren’t going to come back to Guatemala? So,   my dad also studied in the States. And so I  was raised with this concept of moving back   and giving back like ‘noblesse oblige’ would be  what my mom would tell me. Nobility obligates  

You. If those with privilege and education don’t  invest in the culture then we’re going to the   country which will definitely not going anywhere.  So, the brain drain idea. And my dad moved back   home and started a company. And so I was like  very big part of my grandfather as well as he  

Studied abroad and moved back to Guatemala. And  so we have this history of many generations of   starting things and being involved in locally. So,  I started economics and entrepreneurship in North   Carolina. I did want to work abroad because the  idea of being in Guatemala. It’s a bigger economy  

Than Salvador but it’s still trivially small and  so it’s hard to get away. Guatemala says like 14   million? 18 million, allegedly, but we don’t do  the census anymore. And so it’s probably more,   but let’s call it 18 million. So the rule of  thumb is Guatemala is about three times as large  

As El Salvador and basically everything. Well,  I graduated in 2009 so financial crisis of 2008.   I was graduating from economics in North Carolina  and I’ve realized that this is a terrible time to   go into the job market in the US so I did play  around with just moving to New York because I  

Wanted to experience outside of Guatemala. You’re  under the shadow of your family, etc. And so it’s   like to prove that I could hold my own. So I did  get a job in Belize and Costa Rica and I was kind  

Of going the route of working internationally. But  I realized I was working in like the international   aid sector. I realized this now that as infected  by fiat than just kind of an extension of the fiat  

Inventions of 1950 and my dad was starting a new  branch of the company so I decided to move back   and help him with it. So, we were starting this  company. What type of company? Metal structures   and roofing so it’s curved roofs, you’ve ever  seen a curved roof in Central America? So we,  

My dad was the one that brought that initially in  the 80s. And so I started a business solar pennant   business since we knew how to install roofs we  could also install solar panels. And at one point,   all of a sudden, overnight, we replaced or some  of the businesses in our family enterprise or  

Business group were placed on the Office of  Foreign Assets Control specially designated   terrorist and drug Kingpin watch list out of the  United States Treasury Department. We literally   found out reading the newspaper, 35 years of  running the business, too bank bankruptcies,  

I mean, struggling employing over 150 people  building stuff. And then all of a sudden,   we’re placed on this list, and very quickly found  out the importance and the value of censorship   resistant money because you are assumed guilty  until proven innocent which I had friends in  

The State Department from my college days and  like reached out and I was like what the hell   is this? How do you even start to clear your  name? There’s nothing I found that reading a   newspaper that had a list. And then we went  to the bank, and then the managers saying,  

Banks don’t cash our checks. There is money  in the bank. And I’m looking at the balance.   We’ve been using these accounts for years. And  they’re literally saying that they cannot cash   our checks. And so my dad had been involved in in  the banking system. If he had got a meeting with  

The President of the central bank to ask where in  the Guatemalan constitution does it say that the   United States Treasury Department can freeze the  bank accounts of foreign citizen it’s like very   clear answer of it is not in the cup Guatemalan  constitution, this is beyond our legal code.  

This is literally when you get on this list, any  Guatemalan bank, any bank anywhere in the world   is told if a dime moves from these accounts, you  are eliminated from the SWIFT network. Not only is  

It a death knell for the bank, it also puts the  entire banking system for that country at risk,   because it effectively immediately sets off a  bankrupt. And so it’s the gun to the head to   the banking system. And so there is no assuming  in this proof until proven guilty. Yeah, they  

Could know that you’re innocent but it wouldn’t  matter because they’re like, our hands are tied,   we’re not gonna risk. And it’s like, we know it  must be some mistake, but I don’t know, take it   up with the United States Treasury Department.  And I don’t know, I couldn’t find their hotline  

Number. I did find an email. So we wrote an email.  And then we spent months waiting and finally got   an email saying that they required 15 years worth  of financial audited statements which we prepared.   In the meantime, all of our competitors are  saying they’re on the OFAC list. Drug kingpins,  

Or terrorists, apparently terrorist. And so we’ve  compiled all the information sent it and you know   crossing our fingers because it was just a random  email. And 18 months later, got a letter saying,   you are no longer on list. But the Department  of Treasury reminds you that you will be put  

On the list at any moment in time and if you  ever engage in it’s like, not even a sorry,   or anything, no acknowledgement of mistake, it  was more of an assertion of the power that they   wield some government bureaucrat. And as a result,  the company eventually went out of business put  

Us further into debt, forced us to fire over  150 people who are feeding over 150 families,   who I’m sure ended up as migrants working.  Very well trained metal workers so we trained   them well. And they’re now setting up roofs  and building stuff in the United States most  

More than likely. Did you ever find out like why  you guys ended up on that list? It’s a very long   story. It was essentially a mistake. But it’s the  very short story of it then it took a while. And  

This happens all the time. You guys are not the  exception. I mean, this is all the time these   type things happen. The OFAC list is the worst  it’s like the absolute extreme. It’s known as   financial death so I like to think of it as the  equivalent of drone in Afghanistan mistakenly  

Killing an innocent family. That’s the equivalent  but in Latin America where we’ve been at war with   the United States with the war on drugs since  the early 70s. But people just kind of forget and   don’t really consider it a war and it’s evolved  into this financial war and so we are collateral  

Damage and just realizing that it took me a long  time to obviously went into depth it was terrible   I know. I’m at the time felt like the worst thing  that ever happened to me I was very depressed I  

Considered suicide. My dad almost died like it was  very hard. So infuriating. Be so angry. You don’t   have any face to be angry at. But now I understand  and I am thankful. I thank the United States   Treasury Department for ripping the blindfold  off of our eyes. And so I’m very awake as to  

What the reality is and how the world actually  works. Not how you hoped it would work or we’re   taught that it could work at a United States,  economics school, that is a Keynesian-inspired,   and it’s realizing wow, like this world has a  very deep problems. And the only thing that fixes  

This is Bitcoin. I always tell friends that the  embassy here and the US embassy, and I’d be like,   you guys should at least have to adhere to the  same regulations that you push on the country  

Here because they don’t realize. And this is small  compared to what you and your family face but they   don’t realize all of the friction and how hard it  is to do anything because of US pressure because  

They have their own bank branches there. If you  work with US Embassy, you don’t have to go through   all the stuff that anybody else has to do to open  a bank account. They do all these things so they  

Have no idea the havoc they cause for everybody  else because they’re exempted from it. It’s like,   hey, you created these rules, you should at least  be subjected to them. So you realize how bad they   are. Which is why many banks have just developed  a policy of we won’t deal with Americans for  

Example. Being American is like on par with being  from North Korea, almost. I mean, it’s like, no,   we don’t want to deal with you. If you’re  an American, if you have that blue passport,   forget it, because it’s your way more trouble  than its worth. It’s actually at this point,  

My eye perspective is that it is a serious problem  for the long term health of the American empire,   because it’s making the citizens American citizens  abroad, have our liability, whereas you should be   pushing your citizens to be business leaders and  will received if you’re making it harder that’s  

Just going to reduce your soft power influence  across the world. It’s happening everywhere. I   have a buddy of mine was in Switzerland, I’m  not gonna name the company, but he said like,   they would not. He was American but he said they  kind of had a policy and unspoken policy of not  

Bringing in any more Americans because it was just  so frustrating and hard to try to get them bank   accounts and all these other things. They’re like,  we just hire from somewhere else. So now you have   Americans like at a disadvantage compared to the  rest of world because of what the US government’s  

Doing. It’s a very obvious way where the United  States Empire is shooting itself in the foot   at the height of its power and just clobbering  itself. And he’s like, wow, like this is clown   world on steroids and we just really want to go  down in flames as quickly as possible. This was  

Torturous process. And, yeah, so just realizing  this, we never put myself in that position ever   again. And so slowly rebuild. In the meantime,  when I did the public service scholar program   in Chapel Hill, I was raised in Guatemala, when,  in the 90s, I had new people that were kidnapped  

Literally like the buses were stopped and dudes  with guns got on the bus and went like, we want   so and so. And they would like bring them down on  off of the bus. I remember that being a big thing  

And Guatemala it never was really a thing in El  Salvador, but in Guatemala, and especially them   targeting certain families. So like I knew people  that happened to and so you in this very unsecure   environment I had armed guards that would take me  to the bus stop and stuff like that. Growing up  

In high school wanting to get involved in things  but it’s like no, you kind of just go to school,   go home but when I went to UNC and Chapel Hill  and realizing, wow. So free! Like I don’t need  

A bodyguard with me! Exactly. And I found the  public service scholar program and realize there’s   this really strong service culture there that I  never knew I had and that just really resonated   with me. Got super involved in that when I moved  back I was like very interested in finding those  

Kinds of opportunities because I think it’s  important that society creates moments where   people from all walks of life meet each other. And  the problem is when society starts to deconstruct,   you lose this. The common spaces where you  can have a conversation with anyone. And so  

You can actually empathize or sympathize with  someone because you’ve had the chance to hear   them directly and shake their hand and look  them in the eyes instead of hear someone tell   you about what that group of people think and what  they want. Curious, I’m sorry, another side note  

Here. Do they prohibit alcohol sales on that? Is  it like, and because they do that now in Salvador,   you can’t, you can’t buy alcohol. I don’t know  if it’s like the day of the election, I think  

Couple days afterwards, but two days before and  as human nature would be, it becomes like one of   the biggest weeks for sale of alcohol, because  everybody’s so worried they won’t be able to buy   on those days they like or they stock up before.  So all the beer companies do big displays the week  

Before. It’s very healthy in general. And but what  I’m most excited about, and what I joined was the   ranks of the volunteers. And at this point, when  a mom mobilizes almost 25,000 of these tables,  

There’s a minimum of three but an average of four  to five citizens to each table. And so it’s like,   like watching in charge of the tape, tape  and get a big box full of all the ballots  

All the materials you need. And so the way I got  recruited was my uncle rent was with a team that   ran a whole voting center is the largest voting  center in Guatemala, and in the country. It’s   got like 100 tables. There’s this like logistical  thing, where you basically create this tradition  

And this pride this, this, this constant culture  and habit of people are always every four years,   like, we’re going back to our thing, right? And  we do our thing and we’re, we’re, it’s our it’s,   we’re proud to run this because it’s the people  and so it’s literally just people calling each  

Other who do you who can you trust that actually  show up because if you don’t show up you’re   causing real problems, right? And so it’s an  interesting network of the most reliable people,   which, again, in Latin America, it’s very hard  sometimes to find reliable people. But you can  

Find them. And it’s about 3% of the population.  And so three out of every 100 people are very   reliable, right. And that’s how we generate  this army of people that are in charge of the   votes. And it’s just an honor to serve, right? And  when you’re there, you know, it’s very hard work,  

You have to show up at three in the morning, you  have to stay till you’re done. You’re technically   a mayor for a day, and your jurisdiction  is your table. So you’re legally protected   from being arrested by the cops or the military,  like, no one can remove you from the table until  

You have finalized your document. And what your  document is, is all the people cast their vote,   you receive them. And the entire time you have  witnesses from the political parties sitting   literally right behind you. And so they’re like,  watching everything you do. So over time, now,  

I realize the voting volunteers are like mining  nodes in Bitcoin. And the political witnesses are   validating nodes, they verify that the protocol  rules were followed. But the hashing is done by   the volunteers. And so at the end of the day,  you dump all the ballots and top the table,  

And you count every single one individually, one  by one, showing it to every witness. This happens,   the decentralized fashion all across the country,  simultaneously with over 200,000 people. So it’s a   lot of people a lot of eyes, that once they’re  on the paper that makes it that document has  

Integrity, right? And so the document acts kind  of like a coin join, where over 400 people are   assigned to a table. And you add up so it’s  their tally sheets, vote tally sheets, that say,   alright, out of 300 people 20 votes went to this  guy, and maybe we can switch over. And yeah,  

We’ll pull it up. But and so those, like everybody  agrees on those, that those are the like,   the numbers like the because you have people from  different political parties, and you have people   in charge of the table. The other ones, yeah, go  the yellow one. So basically, here’s an example.  

You can see Julio Fernando, Tocando, Javier, three  people, Maria De Los Angeles, Lopez, and their GUI   numbers. And then down at the upper right. There  are three signatures. So those are the signatures   of the three mining nodes of that table. And  then below them, you have Une, Valoro and their  

Signatures and their GUI numbers. Those are all  the political party witnesses. So let’s say,   if you go back on this, Just for clarification,  are these all candidates? On the left,   you can see code 50 and 32, 41. And Une, Azul,  Valoro, Cabal, every one of those numbers is  

Assigned to a political party that’s competing.  And this one is the presidential election. So   you do have over 25 competitors. It’s insane.  Yes, it’s the appearance of decentralization,   but the consolidation of a proof-of-stake system,  but I digress. So, yeah, your friends are the  

Mining nodes that are with you. But then the  political party witnesses, they represent the   believability. I’m not gonna sign off unless then  they’ve got everything they got. And if they can   prove that you did something wrong, you can go to  jail, right? So that signature there means this  

Document was done the way it’s supposed to. And  then none of these people really know each other   right? They were just assign there. And that’s  what I mean that it’s this moment, this place,   I consider them sacred places that we still have  that bring us together as citizens and break down  

Those barriers, where you finally are able to talk  to someone that’s a political party representative   of that party, that you’ve only heard of. You’re  sitting next to each other for like 16 hours,   doing all this hard work. So it’s like you break  the ice, and eventually you’re like, you find out  

Who’s, who’s there with the right reasons. And  you realize, you know, most people are just there   to do a job. And they want what’s best for their  community. And they try their best, right? And so,   basically found these parallels right of what the  voting tables volunteers do are effectively mining  

Nodes. The witnesses are validating nodes. The  product is a coin joint. So you can see it says   272 votes distributed like that. And so there’s,  we could find out the registry have this table and  

Find the 272 citizens assigned. But I would never  be able to know if you voted for the blue party,   because there’s a one in 272 chance you voted for  that party. So, it’s a coin join in that it makes   the information public of the transaction block,  but it protects people’s privacy. However, because  

It’s an election, you want the information to be  public, because then all you need to do is make   all of these documents available to the public, so  that anyone can run the audit to confirm whether   or not the election results are actually true.  And so that’s where our democracy in Guatemala,  

I think, is one of the best in the world because  we can actually prove for ourselves, who won,   we don’t have to just trust the authority that  says, we ran the numbers, and this is the winner,  

We can actually run it ourselves. And this  seems way better than the way we do it in   the US. The US is very complicated. But yeah  There are electronic voting, e-voting. And then,   voting at machines, at the end of the day, you’re  trusting a black box and how are you going to,  

Maybe the company is doing their best job. But if  you can’t explain this to the layman. Guatemala   is a country where most people like I don’t know  what the reading and writing rates are. But when I  

Grew up, it was like, over 60% of people can’t  read and write. And so this is something that   people understand like, it’s like showing them  the vote with the little ‘X’ marked on it’s like,   another one for that right, and you just sum all  this up, that’s your hashing function, you just  

Take the tally. And if everyone’s cool with it,  they sign and that’s it. And so the tricky bit is,   since there are 25,000 voting tables, it means  that every election is producing 25,000 of these.   And since there’s over 20, parties per competing,  it means that there are 20 data points per every  

Single document. And there are five elections. So  there are 125,000 times 20. It’s like 3 million   data points. And so it’s the election authorities,  like anyone can verify it, you just have a week to  

Do it. And so this whole process really put me  down the rabbit hole. And so that’s why if we   go back to the canva, you know, my whole stick is  I came for democracy, but I stayed for Bitcoin. I  

Believe that elections happen all over the world.  And they are increasingly bad because of people’s   growing distrust and the incapacity of the state  and the bureaucrats and the clown world to just   do their job. And so I think Bitcoiners have  an opportunity to use the elections and all  

Of the negative energy around that and all of the  election deniers or people distrusting people that   result feel like they got shafted, to expose them  to Bitcoin to see, Elections have in the elections   industry, there’s a thing called post election  audits. So there are people in your community,  

And the US has many organizations that specialize  in post election audits. And so those guys,   the post election auditors are essentially the  Bitcoiners of the election system. They don’t   trust they verify. And so there is a tradition  there, from even cryptography of doing this that  

I think we can use, so that instead of  all this negative energy going to waste,   just creating more distrust between people,  that we can use those elections, to push people   to understand get exposed to Bitcoin, in a very  different will I understand just the importance of  

A trustless system of a system that you can verify  for yourself, right, that’s the point. And so I’m   using the Guatemalan system to reach the Citizen  Army that I’m a part of to try to orange pill   all 100,000 volunteers to say, the don’t trust  verify philosophy that our democracy is built on,  

Is the same one that Bitcoin is built on. And I  also found some problems with it back in 2019,   when I evolved from being a volunteer to  being a political party witness. And so I   went from being a mining node to a validating  node. And it just so happened that in 2019,  

Our system collapsed very publicly, people went  to jail. And, you know, denial is a very strong or   kind of instinct in humans. And so to me, it was  very clear, and it continues to be very clear that  

The Guatemalan elections of 2019 were the product  of fraud. I just couldn’t prove it. And the   burden of proof was on me. I saw it happen, but I  couldn’t. And I tried and is when I discovered the  

Open timestamps protocol, which was built by Peter  Todd. And because what you saw was that they were   changing those sheets, As a witness, I had access  to the database where all of those documents  

Were supposed to be fed in real time. And it was  supposed to go from zero to 105,000. And I saw it   go from 10 to 5, 20 to 10, 50 to 20, 60 to 10, 90  to 10 a 100 to zero a 100 to zero. And it’s like,  

That’s not how a database works, a database goes  from zero to 100. If there are interruptions,   it means that something bad is happening. Maybe  the system just crashed. Maybe it’s there’s a   logical explanation. But I need to see. Yeah,  rates distressed. Yes, and so that changing of  

The documents immediately made me think that  the only way we would be able to trust the   election authorities, is if we figured out a way  to organize a massive amount of people to verify   all of these documents. And that’s where you know,  you have fiscal digital money. So on the on the  

Top left, fiscal digital tab on the very, very  left, left, left, left, left, left, left, left,   left. There you go. The skeletal I created this  is Fiscaldigital.net, or the logos you have on   the presentation. A Fiscal Digital in Guatemala,  fiscal is a term for someone that witnesses so  

It’s not fiscal digital, it’s a Fiscal Digital,  because, That’s also the word they use for like   prosecutors, right? Exactly. So it’s a prosecutor,  it’s an overseer, it’s a witness. It’s the person   that’s responsible for not trusting but verifying,  and so the political parties have their Fiscales  

And they’re known as Fiscal de mesa -the voting  table witness. And so I realized we need digital   witnesses on the voting system, where if we  figure out a way to gamify this and invite a new   generation of people to verify the results, then  we’ll able to independently come to a conclusion  

As to whether or not we can trust the results. So  I tried doing that in 2019, built an open source   system inspired by capture, essentially, that just  got over 1500 volunteers, that all came into the   system and started working on it. But they, the  authorities came out with the election results.  

And when that happened, volunteers lost interest.  And so if you are requiring volunteers to give you   the work, and you can’t motivate them when they  lose interest, it’s hard. And so in 2019, you   know, I use Bitcoin as the timestamping. 19, or  23? 19, now before starting this, the message is,  

Anyone can do this, you should if you’re curious  about elections, please get involved in them. As   a post election auditor, find the organizations  that already do this, they’re usually strapped   for resources. And they’re, I think, perfectly  primed to be the orange pill. So find the post  

Election auditors in your community, and see how  you can help them because they’re probably going   to be open to hearing about Bitcoin, if they’re  not bitcoiners. And we tried to perform this audit   and we use Bitcoin to timestamp all of the data.  And I’m sorry, this is like, very confusing, I’m  

Sure. What do you mean use Bitcoin to timestamp?  and explain. Exactly. So if you run your own node   on Bitcoin, there is a function called the  OP_RETURN function, it allows you to enter   arbitrary data into a transaction. And so Peter  Todd, a very well-known Bitcoin Core developer,  

Developed a protocol called the ‘Open Timestamps  Protocol’, you can go to opentimestamps.org. What   this does is, every so often, (depending on  how frequently you want to do this, but you   could do this every block), you can send the  transaction to the Bitcoin chain, that’s a zero  

Satoshis transaction that just pays the miner fee  that includes arbitrary data in the ‘OP-RETURN’   function. Is that like the same way like the you  know, the first was, I think it was in the first  

Block now it said, you know, banks, It’s inspired  by that. And so in the case of a mining node,   you can do you can sign messages into the block.  So, It’s slightly different, but it’s the same  

Idea of entering some data. And so Satoshi entered  as Chancellor on the second on the brink of second   bailout of banks, but that’s through actually  into the block. Any user any node runner can use   the return function to enter arbitrary data into  a transaction, so you don’t need to be the miner,  

The one that block, you could just be anyone any  transaction that got onto that block that paid   the miner fee that makes sure to get on the next  block. And so but the way the protocol works, open  

Timestamps is you create a hash of a document. But  if you have many documents, you can hash them on   top of each other and come down to one final hash,  that through a series of mathematical proofs,  

You can prove that they can, their hash is related  to the hash that actually went on Bitcoin. So in   this way, you use the blocks in Bitcoin, as a  reference for time, Bitcoin becomes your notary,   that gives you a timestamp to say that data  exists, at least as of when this block exists.  

And you can find the time when that block exists.  And so you can say, a set of data is at least as   old as this moment. So it’s effectively carbon  dating for digital data. And the way the reason  

This is useful, and I highly encourage people  to find Peter Todd’s talks on open timestamps,   it’s because the bad guys don’t have time  machines. No one has a time machine as far as we  

Know. And so if at one moment you have a document,  that you want to make sure no one messes with,   you timestamp into Bitcoin. And as long as you  keep that document stored in your own personal  

Server, or wherever you can wait 1000 years could  go by, and you could prove that this document is   the exact same as that document that existed 1000  years ago. And that’s incredibly valuable. Because   if you go to court, and someone is saying,  but this was the contract that you signed,  

And you look at the contracts, like I didn’t sign  that I don’t owe Mike a million dollars. Like we   agreed on $1, like, We denominated in Satoshis.  I don’t know what you’re talking about dollars,  

So. So if that were to happen to you if you had a  situation like that. And you’d timestamp that the   Bitcoin, you could always say, but here’s the  original contract, and I can prove that this   this contract that I’m showing you that doesn’t  exist today exists since this previous moment.  

And so if we’re in front of a judge, and you can  prove that, then probably I have a better case,   right? So in the case of elections, this is  extremely valuable. Because as elections are   happening, if you can timestamp all of that  data as it’s coming in, and as it’s created,  

You’re essentially create forensic information  using Bitcoin that can allow people to determine   what the probabilities are that a certain document  is real or fake, you effectively reduce 99% of   the attack surface of an election to a very, very  small moment in time. right, yeah, so they would,  

In order to fraudulently impact elections, they  would have to attack each table at that point,   they can’t do it in aggregate, Or they would  have had to prepare the attack previously,   and be ready for it. But because elections  correspond to certain voting patterns,  

You’d have to take a huge gamble on predicting  what kind of voting pattern would go unnoticed,   right. So it essentially means that attackers  of elections that are trying to commit election   fraud, would have to have insane amounts of  compute power to predict all sorts of variables  

That are effectively impossible. And so what, it  doesn’t make it impossible, but it raises the bar   to a level that most places don’t have. And if you  also do it this in a decentralized way, then you  

Have to hit all of these places simultaneously.  And so yes, it. So I did that before running   my election audit, because I also think if  you’re going to run an audit on an election,   and you’re going to potentially contradict  the election results, you also require the  

Timestamp, because if you contradict the election  authorities, you might go to jail. In Guatemala,   it’s a crime and I, I could be charged with  treason. And so I realized, If you call into   question the election results, If I contradict the  election authorities election results, I could be  

Charged with treason, and at the very least, they  could say that I altered the election documents.   And so you the burden of proving that you’ve never  tampered with the election results is on you.   So you get the official election documents, you  timestamp them to Bitcoin, and then you start to  

Run not it. So the experience of attempting this  in 2019 led us to make a bunch of recommendations   and we caused a lot of noise and we became of kind  of viral and went on Guatemala, and so, this year,  

Another group called Simple Proof, decided to try  and build a system to do this officially for the   government. And that’s why if you go to YouTube,  I helped them. I helped them with a documentary.   It’s a 16 minute documentary. So a lot simpler and  easier to understand that this rambling of mind,  

16 minute documentary that basically creates the  we have the opportunity now through Bitcoin and   the open timestamps protocol to create immutable  democracies. And so my idea is, it would be   great if all democracies were immutable,  because a mutable democracy is no winner,  

Right? If the results can change over time, then  it means that, but if we can make them immutable,   and there are certain characteristics that allow  for democracies to be more immutable than others,   so this documentary tells that story of how  this company simple proof, was able to convince  

The Guatemalan election authorities called the  Tribunal Supremo Electoral, to use this service   called the immutable backup, to ensure that all  election documents in Guatemala are timestamp to   Bitcoin, and therefore, arguably immutable or  tamper evidence, is the right term, but that’s  

Less sexy. So it’s, the originals are immutable,  and that you can prove that using Bitcoin. And   so yes, it’s Guatemala is the first country in the  world to have used Bitcoin to protect its election   integrity. So just the logistical question this,  this same system wouldn’t really work in the US  

Because of the electronic voting machines  and the way I mean, it worked in Guatemala,   because of the system that they had. Is that  correct? Or am I missing something? Yes, I would   say that’s incorrect. In that the United States  has 50 states, every single state has its own  

Election law that’s passed by the legislative. And  then, as I understand it, but I may be wrong. The   county clerk, so each county, and the County Clerk  specifically is responsible for interpreting the   election law to carry out the votes in that county  under the rules that are set by each state. So  

Certain states may have a paper based system where  there are voting tally sheets, or the equivalent   of a vote tally that you could do this with, so  that you could use this, but it depends on how  

Each state has that I know, there’s been a lot of  things happening in elections in the States. So   maybe certain people have lobbied and improve the  election systems enough where they’ve removed the   black boxes. However, even in E-voting, you  could there’s always some proof, right? And  

So whatever proof whatever election documents  exist, they should be timestamp to Bitcoin,   because that’s the only way that we can prove that  they haven’t been altered. So my message would be,   if you care about elections, in your county, in  your state, find the post election auditors and go  

Ask them the simple question. Hey, if I wanted to  audit the election, how do I do this? What would   I go about? And the hope would be that you could  get your hands on the primary source documents,  

Not a secondary, you know, this is the receipt  that the machine gave you. But rather, this is   the primary source the unaltered from the source,  wherever that is, that has the results, and then   verify that. I cannot say that I know that it’s  impossible in the States, I think certain places  

It is impossible, but there’s got to be someplace  where you can use. Yeah. And I’m sure like I said,   it’s so it’s so many different systems that  are used, brought together. But I think I mean,   I think no matter what side you’re on,  politically premised, everybody believes  

That the next election is going to be disputed  that both sides are going to feel like it was   fraudulent. And so I think this is more important  than ever. Well, that’s the hope. And it’s,   you know, Latin America. What I described in  Guatemala, in terms of our Citizen Army is our  

Victory from our revolution in the 80s. It was  so successful, people thought the guy was crazy,   because the idea of like giving citizens the votes  was like you’re crazy. In a country of illiterate   people like this is not going to work, never going  to work. You’re insane. But then it worked. And so  

Is such a miraculous thing that the guy that built  the system was taken around Latin America to tell   everyone how successful this was. And so in the  90s, El Salvador, Costa Rica, Bolivia, Ecuador,   all copied our systems because they were all  coming out of like their own little troubles.  

And so the country, El Salvador has the most  similar voting system to Guatemala than anywhere   else on Earth. And so, and other places in Latin  America have very similar processes as well. And   next year, we have elections in El Salvador, Costa  Rica, Mexico, Panama, Dominican Republic, Uruguay,  

Chile, I think, and Brazil, all before the USA  elections. So I think my message to Bitcoiners is,   let’s run full nodes, let’s audit as many  elections as we can, to send the message   that Bitcoin fixes elections, Bitcoin, maybe that  fixes but Bitcoin provides a much higher level of  

Transparency and can bring trust back to people  in elections, particularly those that distrust   and even if you fail, because I failed miserably  in 2019, even if you fail, you still reach people   that hear about Bitcoin, in a different way. I  think the sound money argument is super valuable.  

But we’ve reached kind of the limits of the people  that are interested in this. Yeah. And so this is   election deniers, and teenagers are the two main  groups that I basically work with here, who helps  

Me do this. And I have a hard time thinking about  to better audiences of pre coiners, who are primed   to grok Bitcoin because of their distrust with  a very different message that breaks the Fudd   of what they’ve heard that it’s not useful for  anything. Well, if it’s useful for elections,  

Then maybe there’s more to it right. And then I  know you said one of the challenges in 19 was you   guys were using volunteers, and then they lost  interest. So yeah, how did you resolve that? And  

I believe it involves Bitcoin at some point. Yep,  so if we go back to the Canva, and the page number   42. So we partnered with a group company called  stack work. I met Paul Itoi, the founder, way back  

When husband El Salvador several times, actually,  the old was also here in Salt. And when you were   trying to do some of the stack work stuff, and I  realized it’s so powerful, but it’s still kind of  

Like hard yeah, to figure out how to do this with  people, right, and so figured out how to work with   them. And this is the summary of our experience,  where I was saying we have so many of these data  

Points. And so with their help, we ended up doing  17 million OCR. So, what is an OCR? An optical   character recognition. So it’s a machine looking  at the data that was handwritten, and coming up   with some type of result. Okay, so we relied on  machines first. And if the machines didn’t agree,  

Then we went to two humans showed them the data.  And every time a human hit a job, at first,   we were handing out. And this is something they’re  verifying on their phone as well? They would go to  

Our website, get an SMS message with a code, send  them to link to stockwork, login. And basically   just do a series of tests, we had a quality  assurance. So if you go to the next slide,   over 1700 people signed up. We applied a test  to make sure that they were capable of doing  

The work. So over a thousand qualified, out of  those thousand, 2026 are in more than 90,000 SATs,   which is more or less $30 at the time that they  did this, and our top 10 users earned more than  

500,000. What’s that now? 1000 SATs is probably  around 3540, I’d say. And in total, just to people   that were election, that were election deniers  and teenagers that signed up for this, those   won out over 1000 users, they earned their first  sat through this program. So it’s effectively a  

Lightning faucet. So, when they verify they do a  certain amount, then they just automatically gets   points? And so we didn’t mention Bitcoin, it was  just this is a game, compete with your friends and   see who can do more for democracy. Now it just  so happened that anyone that learned about the  

Lightning Network could understand that those  points were Satoshis. And if they learned how   to create a lightning invoice, then they would be  exposed to their first lightning transaction. And   so over 66 million sets were rewarded to users,  many of whom figured it out and have experienced  

Their first lightning transaction, but many more  that are going to find out eventually. Because   it’s a game, we’re just going to redo this every  single time that there’s an election. And our top   10 users will be kind of like when you go to an  arcade, and you see like the top scores, they’re  

Just going to be there. So, my goal is to use the  elections as a constant reminder every four years,   for Guatemalans to see this is how many SATs were  distributed through an election audit. And so if   every four years, we remind people about SATs.  This, I hope will turn into those top users,  

You know, 10,000 Pizza moments. The most that we  were rewarding for a single job of data entry.   And that’s literally like writing three numbers  on your phone was 20 SATs, and I did numbers. So   500,000 SATs would have been the equivalent of 40  hours of doing this. So those top 10 users spent  

At least about five days of eight hour work.  And so in a week, they earned 500,000 SATs,   which is what like $150, to the current exchange  rates, more or less. And so it’s bringing,   creating this game back and like, next time,  there’s no way we’re gonna give this amount of  

SATs, I don’t think so. And it helps to clarify  with them the direction of Bitcoin movement. And   so our top score, just like the arcades, if you’ve  ever played an arcade, and you know that you saw  

Top score that like this has been there for like  10 years, like, no one’s gonna get this score,   no one’s ever gonna beat their high score. And  so we use the election as a constant reminder for  

People of what it would have been like, had you  saved those sets, right. And so I think that’s,   it’s my way of using all that propaganda around  the election, to bring people back to if I had  

Just saved Bitcoin over time. I know, auditing  an election for a week in 2023, might turn into   retiring in 2040. Right? So it’s I want to my  mission in life is to do everything I can so that  

The 50 million Central Americans that live in this  region are among the first people in the world to   experience Bitcoin. There’s 8 billion people  on Earth, I see it as a race. And I think we  

Have everything we need in Central America, to be  the first region to win that race. And if we do,   I think it’s going to help us become the most  prosperous region in the world and peaceful.  

Yeah. No, that is, that is amazing. I’m glad we  were able to sit down because even talking to you   about these things, but you know, I’m old and half  of those going over my head, I’m a visual person,  

So I need it to be kind of laid out this  and now makes complete sense. Like, Oh,   of course, this will help. And if I understand  that, I’m sure everybody else understands it,   too. Because you know, I’m a little slow. What  I’m shifting gears a little bit, I’m curious as  

To what your senses of in Guatemala in general and  their take on Bitcoin. Do you see them warming up   at all? Are they curious about what’s happening  in El Salvador? Are you seeing more people being   orange pilled there at least curious about it, or  does it seem like they’re focused on other things.  

So, we have a peculiar challenge in Guatemala,  and that I’ve mentioned the Francisco Marroquin   history and the impact that they had on limiting  monetary inflation. And so Guatemala is this   weird place in Latin America that just doesn’t  experience inflation, or experiences inflation,  

The other dollar which now is much clearer, but  over the past 2030 years. If you talk to someone   from Mexico, Costa Rica even saw or or not to  mention Argentina, Venezuela, inflation’s obvious.   So it’s hard to get to Guatemala from that angle,  because it’s just like, and it’s weird, because  

Everyone knows someone from Argentina or Mexico,  but you never talk about you’re talking about   soccer instead of you know, monetary history,  right? And so, it just, it’s a hard argument   to make. At the same time, there’s the remittance  angle and so I’m hopeful. I’m not the censorship.  

I mean, the thing that you and your family  faced I’m sure you guys aren’t alone in that.   There’s like but it’s small. The banks, no, some  are horrible to deal with. I mean, that alone,   I think would make people is the banks better and  better. The banks are local, primarily low. Leone,  

In Guatemala, there’s a very strong banking,  so very conservative. And so they, you know,   60% or more people are unbanked, but they’re very  strong. And so I don’t think it’s from there. It’s   more of the remittance angle, where our economy  at this point is probably upwards of 30% of our  

GDP is from remittances. And so is it higher than  El Salvador’s remittances? I don’t believe the   numbers I like I would say it’s probably at this  point, over a third of our GDP is women’s people  

Would dispute that, I’m sure. But we are sick. We  are essentially in a slave exporter for the United   States of second third class citizens that work  their asses off. And the incredible thing about   the fiat system is they’re convinced that it’s the  American dream. And so they’re happy, right? Like,  

If you go if you’re if you’re working, you know,  at the hotel janitor in California, you made it   compared to staying at home being a farmer, right?  That’s how wacky the world is. And so that’s what   we’ve become. So I’m hopeful that the remittance  angle, on average, remittances are paying 9%. I  

Mean, you’ve talked about this ad nauseam here, I  hope to folks where it’s, if it’s 99%, cost around   average for admins, and we’re, it’s 20%. That’s 2%  of our GDP. So it’s, that is the angle and then of  

Course, well, Kelly is a phenomenon. And had he  been allowed to be on the presidential ballot?   Like, we had 40 useless clowns had Kelly under, he  would have won by a landslide, by a landslide in   Guatemala, and in Honduras, Probably pretty much  anywhere in Latin America. But definitely next  

Door in Guatemala. And so of course, people are,  people have heard of Kelly, but the Bitcoin thing   it was like, it’s something that people ridicule  in El Salvador and so on, because we have a strong  

Banking system. But the jokes going to be on them  at very soon. And so we are, while the rest of the   world can ignore it, we kept it. It’s a lot. It is  Guatemala’s second most important trading partner  

After the United States. So, if bitcoin takes off  like a rocket ship, and Salvadorans are massively   improving their quality of life, it will be the  first to know. But that’s where. Is it mostly   like farming, like produce and stuff coming here?  What’s the main trading? I don’t know. I mean,  

I know most of the like, pretty much all the  vegetables and anything like that come or   come from Guatemala. Because when, when they’re  having the protests, because of the elections,   the produce and everything was horrible, because  you couldn’t get anything in here was yeah,  

It was just we caused some. I mean, that’s the  only reason I knew that was gone because people   are complaining about. The highlands of Guatemala  or the breadbasket of the region. So we produce  

A lot of food. And but I don’t know what the  makeup is of exactly of the trade. I do know   that the borders are useless and terrible. And  they just drive up costs. And we were just talking  

About this before the show, like the lines and  lines of trucks, just getting their stamp. Well,   that’s the other reason the vegetables are our  second-rate, I think, seminars because they sit   at the border for a day in the heat trying to get  through. At least the dates. Yeah, well, I mean,  

It is the fact that we have a border that has that  kind of a line. When you go between France and   Germany, who’s got more words between them, then  we have the languages. And we like you can cross  

Without any problem. And we have this nonsense  going on. That, of course, keeps a bunch of fat   people fat that don’t do any work, because they’re  canceling theirs. And Fiat is a nightmare. But um,   in terms of the vocal influence and Bitcoin,  it’s not really a thing, but it will become one  

Very quickly. And with immutable democracy, the  documentary that I highly suggest everyone go and   watch, check out film that simple proof.com. And  if you can bring that up, that’d be great. There’s   been an interesting shift in that. Everyone  knows what’s happening with the elections,  

Because the authorities have decided since the  current authorities lost terribly because they’re   mediocre and awful, and they cheated everyone  out of the elections, but they can’t take. They   basically, there was a number of candidates.  Seven candidates. These they couldn’t run. Six  

Candidates that were officially cancelled like  these were allowed to run. And I think another 3   candidates that were basically exhiled threatened  with jail. So, you have like 9 people like that   would probably won’t just allowed the election to  run. And the last one was the most outrageous. The  

Last poll, consulting Guatemala who they’re gonna  vote for, have 25 percent, like got double above   anyone else, and thirty days before the election,  disrespecting all the legal norms that we have,   the last month that you could have done this is  4 months before, they chop them up and obviously,  

People lost their guy, they’re not gonna vote for  their official candidate. And you know where the   bullet came from, right? Candidate Nick Roden was  murdered, I’m sorry, I shouldn’t have used that.   But it’s his political campaign was was killed  in the most egregious manner. And, you know,  

People were just fat satisfied and went somewhere  else. But the system lost and so the status quo is   arguing, well, the polls didn’t show him winning.  And so it must be election fraud, like, the last   poll had another guy winning that you didn’t even  let compete. So it’s like how, like how there’s  

These people that live in a fantasy world? And  that’s why I tried to reach them with this to say,   look, it’s one thing to go on Twitter, or wherever  you are on what’s up and spread a bunch of lies.  

How about we, instead of talking about it, with  our opinions, actually sit down with the documents   and just do the work? It’s much more useful  to use that pent up energy and all that angry,   you have them stealing the election to come in,  and actually just do the work. And we did the  

Work. We published our report, it’s an 82 page  report that goes into every single election,   this showing the discrepancies is everything.  And it’s like the presidential election has   discrepancies but they do not amount to the  200,000 votes that elected the winner. And so the  

Status quo is trying to fight this. And there’s  a lot of you know, we could go back to civil war.   It’s that sad right now. Do you think if they  nullify that election and call a new election,  

That is all breakout? It’ll be a civil war.  The protests that you were referring to that   interrupted the food towards Salvador, were the  people revolting sending a very clear message to   the status quo, we’ve had enough. It’s been over  70 years, since there’s, like of the same system,  

Like different management, same ownership  since 1955. Like we decided to for a change,   and ownership is going to change. But it’s just  the executive branch. Legislative judiciary,   it’s the same, but even then they’re trying to, to  basically do a coup against this. But the message  

Is clear. If they do prevent him, and worse if  they murder him. That’s what I’m really concerned   about. If but not ever know, the next president  of Guatemala is murdered, or isn’t allowed to  

Take office, we will go back to civil war. And the  result will be much worse, much, much worse. So my   number, it’s a low probability scenario, I would  put it at 5% or lower. So 95% chance that nothing,   nope, he just takes office January 15. And  basically, you have an executive branch that  

Is now contrary to the entire political apparatus.  And I’m hopeful that it’s made me optimistic for   Guatemala and the first time in my entire life,  because they cancel each other out. There won’t   be anything done. But that’s better than them  stealing all the money in the world, which is  

What they’ve been doing. This is our time, no  hospitals, no roads, no schools, no security,   just a bunch of criminals getting richer. That’s  what my adult life has been in Guatemala. Now,   the faucet gets turned off and we get to work.  Well, we’ll keep an eye on that. Hopefully,  

That’s everything goes smooth, and they’re able to  make that transition peacefully. If not, you might   have a new neighbor here and then something.  Well, not that you would ever want, you know,   bad things to happen. But this is helpful for you  guys, and that it shines a spotlight on why it’s  

Important to have elections validated to have  things clear so even just to dispel distrust,   because when you have distressed in a system,  it breaks down. So how can people find out   more? Where should they follow you? What there’s  practical things they can do to implement these  

Type of things in their own countries, what’s sure  that people know. So first, I recommend finding   immutable democracy at film.simpleproof.com or  just Google. And if they find it on YouTube? Yeah,   Google, YouTube, immutable democracy. It’s  in English and in Spanish, share it with your  

Friends. Too, we will be putting more content out  there about the auditing bits right now you can   go to fiscal digital punto net, but it’s all in  Spanish, so might not be that helpful. But yeah,   my message is find the post election auditors in  your country and orange below. And if you care  

About elections, start finding out if you wanted  to do an audit of your election and verify for   yourself, who won? How do you do that? And just  go and ask stupid questions, you know, just like,  

What does it take? I use a lot of Freedom of  Information Act requests in or the equivalent in   my country to just ask for all the data. Like, I  just want the receipts, just show me the receipts.  

And then it gets a lot of data. I don’t care. I  just want to see you can I just see it? And you   might be surprised by what you find. Right. And  certainly, I was surprised that this is a long  

Story in the making, but it led to the authorities  finally, incorporating Bitcoin and you know,   if we can bring trust back to elections, then,  you know, the Fiat Apocalypse might not be so bad,   you know, it’s inevitable. But, you know, the  chaos that can ensue from people distrusting  

Elections entirely is so dangerous that I do think  it’s a responsibility that pick winners have,   but it’s an opportunity. It’s all there’s so many  people without hope. And so maybe if this if you   haven’t found your place in Bitcoin, then  you know, and the elections are exciting,  

Just mutable democracy. And I came for Bitcoin. I  came for democracy, but I stayed for Bitcoin. And   shout out to stack works, or what they’re doing  as far as giving employment to people around the   world that they get paid in Bitcoin. So excited  to see as they progress and perfect the system  

And the way that works. Yeah, a lot of potential  there. stockwork.com. they do business process   automation through AI and Lightning Network. And  yeah, so it’s an incredibly powerful company and   tool to mobilize and organize work for thousands  of people. So, shout out to them. And appreciate  

You, Mike. And just I want to say I’ve been  coming here for a few years. I met you in   2020. I was telling if you remember I was with you  when the announcement. I do. I remember in Miami.  

And so I’ll never forget that just the honor of  having been able to hear that. So officially,   with you as I was surreal. That was just like  It really for me. It’s okay, game on. Yeah.   It’s like, you know, she just got real. Yeah. What  about Twitter? You’re on Twitter. I’m on Twitter  

As Carlos Carlino. Yeah, that’s a mouthful. So,  make sure you follow Carlino on Twitter so you   can hear updates and all this is happening.  I’m not too active but hopefully, you’ll find   out about it. I mean, we’re it’s elections in  Bitcoin get you knocked off of Twitter. So yeah,  

There’s many efforts that have gotten knocked  off. So it’s still there for a little while.   Yeah. Sooner after, yes, alright. We’ll have to  have a follow up here this next year with all   these new elections and see what kind of progress  he is. Well, part of the message is, I do believe  

That with all this label killers presidential  election could be the most transparent election   in the history of the world. Yeah. It’s huge, huge  opportunity there. And Bitcoin can make it happen.   So, if you think that label Kelly should be the  most transparently elected president of all time,  

Then definitely reach out. I’ve heard that  he occasionally has listened to this podcast,   so maybe he’ll listen to this one and reach out to  you. Appreciate it. Hello, everything. All right.

6 Comments

Leave A Reply