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Glenn's Show Prep

5 key takeaways from Glenn's special show on Bitcoin

May 13, 2014
Wilson

Writer

If you've been listening to the show for the past week, one thing is abundantly clear: Glenn knows almost nothing about how Bitcoin works. And to be honest, neither do the rest of us on the team. So Glenn and his EP Tiffany put together a special show where experts explained exactly what Bitcoin was and how it works. Elizabeth Ploshay, a Bitcoin Foundation board member, Jeffrey Tucker of Liberty.me, and Kristov Atlas, the author of Anonymous Bitcoin, all joined Glenn for this special Bitcoin episode.

Before you get started, here is a quick Bitcoin tutorial:

So what were some of the key points from tonight's show?

1) Acceptance of Bitcoin is rapidly expanding

Bitcoin is now an acceptable form of payment at 60,000 merchants worldwide, 50,000 of those added in one year. Glenn said: "I will tell you I love the innovation of it. People are trying to find a way out of the mess politicians and the central banks have created. The free market always wins. Big government can rack their brains all day long, and they will never, ever, ever, be able to duplicate the innovative spirit of the collective American public. One guy has an idea, and it starts like a grass fire."

2) It’s both a currency and a payment system.

Jeffrey Tucker:  If you took away the payment system associated with Bitcoin, Bitcoin would be worth zero right now.  It’s the payment network that gives it value.  It’s both a currency and a payment system.  That’s a little strange.  We’re used to thinking of those things as separate.  You know, we think of like dollars, and then we think of like PayPal or something or Visa, MasterCard.  With Bitcoin, they’re both united.  Payment system and the currency are one single thing, and it’s the sheer efficacy and brilliance of the payment system that led Bitcoin to have value.

Bitcoin lived on the Internet for ten months at a zero price, and it was only once the payment system was tested and tested and tested again, the market said this is extremely cool, this is amazing.  You can transfer stuff from here to there, anywhere in the world, direct peer to peer.  That’s a valuable thing to have, and then it obtained value. 

3) You can actually use it to buy stuff in the real world

Elizabeth Ploshay: You can use Bitcoin for so many things.  You can use it to buy plane tickets.  You can buy food with it.  You can use it for charitable donations.  The best thing about it is you can reach people around the world.  There are 2.5 billion people around the world who don’t have bank accounts.  You can send money to those individuals without a bank account, so practical things but also helping people in need.

4) There are no central banks like The Federal Reserve

Elizabeth Ploshay: Trustless peer-to-peer system, direct transfer of funds, no trust in one central point of failure.

Kristov Atlas: When it’s centralized, when we have the government or some company doing it, then things are easy.  They can mint the units of currency.  They can validate the transactions are not fraudulent.  When you have a peer-to-peer basis, then you have to make sure that enough honest people are able to do all the stuff that the system is going to work, and that’s the genius of Bitcoin is they figured out ways for people to validate these transactions and to mint the new coins in a fair way that everyone is going to agree on and that’s going to be predictable in the future.

5) It has a limited supply

Kristov:  There’s social and economic forces at play basically.  So if you wanted to change this limit, there’s about 21 million Bitcoins that are supposed to ever be in existence, and we’ll get to that point, we’ll be mined out of Bitcoins somewhere around the year 2140.  If you wanted to change that, you would have to convince all these people running Bitcoin software that they need to agree to this change, they need to run a new version of Bitcoin based on changing this $21 million limit. 

But we know that investors all value Bitcoins based on everyone agreeing that there is this $21 million limit.  If you try to extend that, it’s going to debase their investment.  Investors are going to dump their Bitcoins right away.  They want to get out of it.  Everyone knows this, and so there’s no way you’re going to convince people to switch over to this new version.

More in the interview below:

Trump’s secret war in the Caribbean EXPOSED — It’s not about drugs

Bloomberg / Contributor | Getty Images

The president’s moves in Venezuela, Guyana, and Colombia aren’t about drugs. They’re about re-establishing America’s sovereignty across the Western Hemisphere.

For decades, we’ve been told America’s wars are about drugs, democracy, or “defending freedom.” But look closer at what’s unfolding off the coast of Venezuela, and you’ll see something far more strategic taking shape. Donald Trump’s so-called drug war isn’t about fentanyl or cocaine. It’s about control — and a rebirth of American sovereignty.

The aim of Trump’s ‘drug war’ is to keep the hemisphere’s oil, minerals, and manufacturing within the Western family and out of Beijing’s hands.

The president understands something the foreign policy class forgot long ago: The world doesn’t respect apologies. It respects strength.

While the global elites in Davos tout the Great Reset, Trump is building something entirely different — a new architecture of power based on regional independence, not global dependence. His quiet campaign in the Western Hemisphere may one day be remembered as the second Monroe Doctrine.

Venezuela sits at the center of it all. It holds the world’s largest crude oil reserves — oil perfectly suited for America’s Gulf refineries. For years, China and Russia have treated Venezuela like a pawn on their chessboard, offering predatory loans in exchange for control of those resources. The result has been a corrupt, communist state sitting in our own back yard. For too long, Washington shrugged. Not any more.The naval exercises in the Caribbean, the sanctions, the patrols — they’re not about drug smugglers. They’re about evicting China from our hemisphere.

Trump is using the old “drug war” playbook to wage a new kind of war — an economic and strategic one — without firing a shot at our actual enemies. The goal is simple: Keep the hemisphere’s oil, minerals, and manufacturing within the Western family and out of Beijing’s hands.

Beyond Venezuela

Just east of Venezuela lies Guyana, a country most Americans couldn’t find on a map a year ago. Then ExxonMobil struck oil, and suddenly Guyana became the newest front in a quiet geopolitical contest. Washington is helping defend those offshore platforms, build radar systems, and secure undersea cables — not for charity, but for strategy. Control energy, data, and shipping lanes, and you control the future.

Moreover, Colombia — a country once defined by cartels — is now positioned as the hinge between two oceans and two continents. It guards the Panama Canal and sits atop rare-earth minerals every modern economy needs. Decades of American presence there weren’t just about cocaine interdiction; they were about maintaining leverage over the arteries of global trade. Trump sees that clearly.

PEDRO MATTEY / Contributor | Getty Images

All of these recent news items — from the military drills in the Caribbean to the trade negotiations — reflect a new vision of American power. Not global policing. Not endless nation-building. It’s about strategic sovereignty.

It’s the same philosophy driving Trump’s approach to NATO, the Middle East, and Asia. We’ll stand with you — but you’ll stand on your own two feet. The days of American taxpayers funding global security while our own borders collapse are over.

Trump’s Monroe Doctrine

Critics will call it “isolationism.” It isn’t. It’s realism. It’s recognizing that America’s strength comes not from fighting other people’s wars but from securing our own energy, our own supply lines, our own hemisphere. The first Monroe Doctrine warned foreign powers to stay out of the Americas. The second one — Trump’s — says we’ll defend them, but we’ll no longer be their bank or their babysitter.

Historians may one day mark this moment as the start of a new era — when America stopped apologizing for its own interests and started rebuilding its sovereignty, one barrel, one chip, and one border at a time.

This article originally appeared on TheBlaze.com.

Antifa isn’t “leaderless” — It’s an organized machine of violence

Jeff J Mitchell / Staff | Getty Images

The mob rises where men of courage fall silent. The lesson from Portland, Chicago, and other blue cities is simple: Appeasing radicals doesn’t buy peace — it only rents humiliation.

Parts of America, like Portland and Chicago, now resemble occupied territory. Progressive city governments have surrendered control to street militias, leaving citizens, journalists, and even federal officers to face violent anarchists without protection.

Take Portland, where Antifa has terrorized the city for more than 100 consecutive nights. Federal officers trying to keep order face nightly assaults while local officials do nothing. Independent journalists, such as Nick Sortor, have even been arrested for documenting the chaos. Sortor and Blaze News reporter Julio Rosas later testified at the White House about Antifa’s violence — testimony that corporate media outlets buried.

Antifa is organized, funded, and emboldened.

Chicago offers the same grim picture. Federal agents have been stalked, ambushed, and denied backup from local police while under siege from mobs. Calls for help went unanswered, putting lives in danger. This is more than disorder; it is open defiance of federal authority and a violation of the Constitution’s Supremacy Clause.

A history of violence

For years, the legacy media and left-wing think tanks have portrayed Antifa as “decentralized” and “leaderless.” The opposite is true. Antifa is organized, disciplined, and well-funded. Groups like Rose City Antifa in Oregon, the Elm Fork John Brown Gun Club in Texas, and Jane’s Revenge operate as coordinated street militias. Legal fronts such as the National Lawyers Guild provide protection, while crowdfunding networks and international supporters funnel money directly to the movement.

The claim that Antifa lacks structure is a convenient myth — one that’s cost Americans dearly.

History reminds us what happens when mobs go unchecked. The French Revolution, Weimar Germany, Mao’s Red Guards — every one began with chaos on the streets. But it wasn’t random. Today’s radicals follow the same playbook: Exploit disorder, intimidate opponents, and seize moral power while the state looks away.

Dismember the dragon

The Trump administration’s decision to designate Antifa a domestic terrorist organization was long overdue. The label finally acknowledged what citizens already knew: Antifa functions as a militant enterprise, recruiting and radicalizing youth for coordinated violence nationwide.

But naming the threat isn’t enough. The movement’s financiers, organizers, and enablers must also face justice. Every dollar that funds Antifa’s destruction should be traced, seized, and exposed.

AFP Contributor / Contributor | Getty Images

This fight transcends party lines. It’s not about left versus right; it’s about civilization versus anarchy. When politicians and judges excuse or ignore mob violence, they imperil the republic itself. Americans must reject silence and cowardice while street militias operate with impunity.

Antifa is organized, funded, and emboldened. The violence in Portland and Chicago is deliberate, not spontaneous. If America fails to confront it decisively, the price won’t just be broken cities — it will be the erosion of the republic itself.

This article originally appeared on TheBlaze.com.

URGENT: Supreme Court case could redefine religious liberty

Drew Angerer / Staff | Getty Images

The state is effectively silencing professionals who dare speak truths about gender and sexuality, redefining faith-guided speech as illegal.

This week, free speech is once again on the line before the U.S. Supreme Court. At stake is whether Americans still have the right to talk about faith, morality, and truth in their private practice without the government’s permission.

The case comes out of Colorado, where lawmakers in 2019 passed a ban on what they call “conversion therapy.” The law prohibits licensed counselors from trying to change a minor’s gender identity or sexual orientation, including their behaviors or gender expression. The law specifically targets Christian counselors who serve clients attempting to overcome gender dysphoria and not fall prey to the transgender ideology.

The root of this case isn’t about therapy. It’s about erasing a worldview.

The law does include one convenient exception. Counselors are free to “assist” a person who wants to transition genders but not someone who wants to affirm their biological sex. In other words, you can help a child move in one direction — one that is in line with the state’s progressive ideology — but not the other.

Think about that for a moment. The state is saying that a counselor can’t even discuss changing behavior with a client. Isn’t that the whole point of counseling?

One‑sided freedom

Kaley Chiles, a licensed professional counselor in Colorado Springs, has been one of the victims of this blatant attack on the First Amendment. Chiles has dedicated her practice to helping clients dealing with addiction, trauma, sexuality struggles, and gender dysphoria. She’s also a Christian who serves patients seeking guidance rooted in biblical teaching.

Before 2019, she could counsel minors according to her faith. She could talk about biblical morality, identity, and the path to wholeness. When the state outlawed that speech, she stopped. She followed the law — and then she sued.

Her case, Chiles v. Salazar, is now before the Supreme Court. Justices heard oral arguments on Tuesday. The question: Is counseling a form of speech or merely a government‑regulated service?

If the court rules the wrong way, it won’t just silence therapists. It could muzzle pastors, teachers, parents — anyone who believes in truth grounded in something higher than the state.

Censored belief

I believe marriage between a man and a woman is ordained by God. I believe that family — mother, father, child — is central to His design for humanity.

I believe that men and women are created in God’s image, with divine purpose and eternal worth. Gender isn’t an accessory; it’s part of who we are.

I believe the command to “be fruitful and multiply” still stands, that the power to create life is sacred, and that it belongs within marriage between a man and a woman.

And I believe that when we abandon these principles — when we treat sex as recreation, when we dissolve families, when we forget our vows — society fractures.

Are those statements controversial now? Maybe. But if this case goes against Chiles, those statements and others could soon be illegal to say aloud in public.

Faith on trial

In Colorado today, a counselor cannot sit down with a 15‑year‑old who’s struggling with gender identity and say, “You were made in God’s image, and He does not make mistakes.” That is now considered hate speech.

That’s the “freedom” the modern left is offering — freedom to affirm, but never to question. Freedom to comply, but never to dissent. The same movement that claims to champion tolerance now demands silence from anyone who disagrees. The root of this case isn’t about therapy. It’s about erasing a worldview.

The real test

No matter what happens at the Supreme Court, we cannot stop speaking the truth. These beliefs aren’t political slogans. For me, they are the product of years of wrestling, searching, and learning through pain and grace what actually leads to peace. For us, they are the fundamental principles that lead to a flourishing life. We cannot balk at standing for truth.

Maybe that’s why God allows these moments — moments when believers are pushed to the wall. They force us to ask hard questions: What is true? What is worth standing for? What is worth dying for — and living for?

If we answer those questions honestly, we’ll find not just truth, but freedom.

The state doesn’t grant real freedom — and it certainly isn’t defined by Colorado legislators. Real freedom comes from God. And the day we forget that, the First Amendment will mean nothing at all.

This article originally appeared on TheBlaze.com.

Glenn Beck joins Megyn Kelly LIVE — One night ONLY in Fort Worth!

Get ready for sparks to fly. For the first time in years, Glenn will come face-to-face with Megyn Kelly — and this time, he’s the one in the hot seat. On October 25, 2025, at Dickies Arena in Fort Worth, Texas, Glenn joins Megyn on her “Megyn Kelly Live Tour” for a no-holds-barred conversation that promises laughs, surprises, and maybe even a few uncomfortable questions.

What will happen when two of America’s sharpest voices collide under the spotlight? Will Glenn finally reveal the major announcement he’s been teasing on the radio for weeks? You’ll have to be there to find out.

This promises to be more than just an interview — it’s a live showdown packed with wit, honesty, and the kind of energy you can only feel if you are in the room. Tickets are selling fast, so don’t miss your chance to see Glenn like you’ve never seen him before.

Get your tickets NOW at www.MegynKelly.com before they’re gone!