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You've had a dynamic where money has become freer than free.
When you talk about a Fed just gone nuts, all the central banks going nuts.
So it's all acting like safe haven.
I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins.
In the world of fiat currencies, Bitcoin is the victor.
I mean, that's part of the bull case for Bitcoin.
If you're not paying attention, you probably should be.
Q4 2025 GDP, 50% of estimates.
Blue Owl, private credit fund, dating, redemptions.
Bitcoin beer and greed index
at nine. Things are
crazy out there. It looks like World War 3 is
starting and they're going to tell us about
the aliens at the same time
what was really in the Epstein files.
The alien
shit is definitely, I have it on the list,
but it's definitely a distraction from
Epstein, right? Oh, dude, I have
my, I went full Marty
Jones last night. Actually, independently
thought of this two days
ago before I tweeted out last night. Like, with
everybody go into the straighter him news prepping for world war three like i think they're all just
meeting there like all right the epstein files are out we're all implicated here's how we're
going to disclose aliens to the world i mean it doesn't have to be that complicated right
they could just be using it so people talk about something else yeah
crazy times crazy times are we live on nasta right now let me check
definitely live on youtube
doesn't look like we're live on
last year
let me see if I fuck something up
it's jam
lake surf
lake surfer 1e is saying no
oh there it is
are we live now
yeah I see it
yeah it looks like i did it right yeah we're live went live a minute ago just took a while
yeah i think um i mean it seems awfully convenient right they had like obama say
like his little comment and then it gave trump uh because they're all implicated
like the dem dem elite the republican elite they're all implicated so they're like okay obama
say this like a little piece on the, on the interview.
And then Trump will have to respond to it. And then Trump can be like,
I'm not being proactive here.
I'm just responding to the questions people are asking.
You think Matt Pines is a pig and shit today? Disclosure is upon us.
He's definitely very excited.
Our, our main alien friend.
Okay, yeah, we're live on Master.
I don't see anybody in the live.
Oh, yeah, Blake Surfers in the live chat now.
All right, we're live.
Wild times, man, wild times.
Wild times.
It's a Friday rip, Friday pre-noon rip.
Got my coffee.
Had back-to-back calls this morning.
Synapses firing.
Agent working in the background.
All is well, despite the craziness going out.
side in the world yet so i took your advice by the way and there's still needs to be it's still
a little bit rough around the edges um but the reason we're ripping on friday and you can hear
the baby crying in the background right now probably is because i'm traveling to to visit
family. My son's great-grandmother, which is very exciting. But so I've been feeding my robot
links throughout the week. And I was like, just put it in a nice list with titles.
And the titles are like kind of questionable. So I need to work on it a little bit. But
even just like that little improvement of just, okay, do the handle the formatting for me.
and pull out the relevant aspects of these links I've provided you and make titles.
It makes my life so much easier on a week-to-week basis.
Yeah. I have a Google sheet that I gave my Clanker read-only access to.
And just throughout the day, if I see something while I'm perusing the internet,
I'll put it in there with a link.
And this is for the Bitcoin Brief newsletter.
and then we have a uh a note section i'll just talk to it for like two minutes like all right
i've just read this article here's what i want to cover about it in the newsletter tomorrow
and just talk for like two minutes i have that in one sheet and one tab and then
my clanker has its own tab too where it's running cron jobs and like banking reports and stuff like
that and then at the end of the day like a little 10 p.m after the boys are in bed i'll just sit
there like okay let's go into the google sheet what did you find what did i find what do we want
put newsletter tomorrow and then boom it's ready to go that's awesome yeah yeah so i basically you
told me that and then i was like okay i can do a much simpler version of that for rhr since it's
only once a week um so i just drop him a link i just like rhr and then i just drop him a link and
he keeps it in a little markdown file for me and then uh makes it pretty right before we go live
yeah and like i said it's it's definitely needs a little bit of refinement so just stick with
main fruits but it's a pretty strong list this week it is and the list uh starts off with something
we should all talk about but before we get to the list we need to give you a state of the network
the current price of bitcoin according to clark moody's dashboard which was getting some love from
michael saylor this week is 67 620 dollars or cuck bucks as we refer to them here one cuck buck
is going to get you 1,479 sats.
We're at a $1.35 trillion market cap.
We're at block height 937,552,
which means we had a difficulty adjustment,
and it happened yesterday,
and it was a large upwards adjustment of 14.7%.
We are currently 1,904 blocks away
from the next difficulty adjustment,
which is estimated right now to be on March 4th, 2026,
early in this epoch we're only 112 blocks into this difficulty epochs to take this estimated
change difficulty change with a grain of salt right now it's looking like a negative 12.8
adjustment blocks been coming in at 11 minutes and 24 seconds on average since yesterday's
upwards adjustment um so hash price got crushed yesterday uh price again hovering around 67 000
dollars if you have high electricity cost and um non-performing machines it's it's hard to be a
miner right now but i do think it is important to uh highlight that uh we had a massive downward
difficulty adjustment right before this which was the second largest since the chinese mining ban
or the largest since the chinese mining ban summer um in logan just pull up this tweet because
I think it is okay for us to do a victory lap in this context because there were a ton of people where we had the 11.7% downward adjustment a couple of weeks ago saying, look, the quantum fund FUD is scary miners.
All the miners are pivoting to AI compute.
Bitcoin is screwed.
and if you actually knew what was going on,
we had a winter storm in the U.S.
and so you had a ton of miners participating in demand response
and then on top of that you had some miners
that probably had to shut down their operations
due to all the ice and the fact that their operations
were literally disrupted by the storm,
not participating in disruptible load demand response programs
but they literally couldn't get to their data centers.
and like shit was frozen and stuff
yeah the weather changed
things warmed up
things thawed out
machines went back online
and we just had a massive upwards adjustment
and so to all those people out there
who were saying the quantum foot is scaring miners
and they're all quickly transitioning to AI
it was the weather
the quantum foot isn't going to go away though
no
and there are a decent amount of miners pivoting to AI
but Bitcoin will be fine
But as I say in the suite, and I think you said it last week and the week before,
if they are pivoting to AI, they're not just going to unplug their machines and let them sit there.
They're going to sell them to people that want to plug them in.
So that hash rate isn't just going away.
Yeah, I agree.
I mean, on the quantum FUD piece, you saw MSTR's earning call, right?
Yeah, we didn't talk about that. It was like two weeks ago.
The quantum security council or whatever?
I'm very reminiscent of the Bitcoin Mining Council.
I feel like it will meet a similar fate.
I think after BIP110 fails
and fails to succeed at their goal of controlling Bitcoin,
but is successful at dividing a shit ton of the Bitcoin ecosystem,
then Saylor and BlackRock will try their quantum fork after that.
And then they will fail as well.
And I think that's what we have in store for us for the next two years, three years.
Is the order of operations, BIP 110 and then Quantum Fork.
I mean, if you think about what were the two groups of stakeholders that were holding back Sailor BlackRock control on Bitcoin,
what is the check and balance?
The check and balance is individual sovereign holders.
Bitcoiners that care about free to money
use their own node, hold their own keys
use real Bitcoin
very intolerant minority
proudly
as it should be
and then you had a
diverse
established developer community
open source developer community
so you alienate and attack the developer community
you divide the sovereign holders
and then you go in for the
for the control piece.
And to be clear, I think they will fail
because the best part about Bitcoin
and the key value prop of Bitcoin
is that it makes it incredibly difficult
to change by default.
Forks just will not be successful
without overwhelming consensus,
as it should be,
because updates can be malicious.
So I think it will fail,
but I think an attempt might be made here
on the Sailor BlackRock side.
Yeah.
We'll not be shocked.
that would be very reminiscent of 2017
and it would actually make sense
it's like an order of magnitude
step up in the foes that you face
because in 2017
it was Coinbase, it was BitPay
it was BitGo at the time
all the elite
VC backed companies in the space that thought they could
control the
the
destiny of the protocol
and how it would operate
we fought back then
BIP110 though
I see you're going off on it, Master. What's going on here?
Dude, I mean, look, I was hoping that, you know, this is the thing that happened in 2017,
where you can like, you agree with people on 99% of things, and then that last 1%, it's just like, it's over.
I cannot agree.
So I was hoping we could come to a reasonable conclusion.
I was trying to remain as independent as possible, particularly given my leadership position at OpenSats.
But I think that ship has sailed.
I don't think they're operating with good intentions.
I just straight up do not think that they're operating with good intentions.
And yes, that's not an objective take.
That's a subjective take.
but I think the entire point
of BIP110
so freaks that might not be aware somehow
for starters
core overstepped their bounds
last year
and changed the default mempool policy
on Bitcoin core
and that
stopped filtering
a upper turn limit
this
data blob
consensus valid area
of Bitcoin
where you can put
anything you want, basically.
Now, that was already consensus valid.
They didn't actually change Bitcoin.
Who, in practice, who changed Bitcoin the most
was probably Peter Todd when he released Libre Relay.
And to be frank, he can go fuck himself for that.
But as soon as Libre Relay was out there,
it was relaying these large op return transactions.
And Core looked at it and they said,
why are Core nodes blocking this?
And they kind of looked at it
from mostly a technical point of view.
And I think they overstepped their bounds.
They should have just not done that, especially when there's any resistance against it.
So once that happened, the guys at Ocean Mining, Luke and Mechanic specifically, realized an opportunity to increase their status and control over Bitcoin.
And so they convinced a mob.
They riled up a mob, who means well, I think, probably for the most part.
But they riled up a mob into believing that Bitcoin was fundamentally changed, even though no consensus rules were changed.
There was no fork of Bitcoin. So they've been doing that for a while. And then it was kind of obvious this was the path they were going to go, which is why I was very hesitant to recommend people run knots. But then they announced their fork of Bitcoin, specifically a soft fork of Bitcoin that constricts rules rather than a clean hard fork.
and the reason they did that is not to stop spam as they pretend it is the reason they did it is to
have more control over bitcoin um it won't stop spam in fact and right now there is very little
consensus and support for bip 110 it probably will not have significant industry support
between miners and node runners and everybody all the stakeholders of bitcoin
And like I said earlier, when that happens, Bitcoin doesn't change.
But the way they have it set up is it can have, you know, 1% of hash rate, very little support, and it can just sit there.
And if it ever gets more support, it will reorg the entire Bitcoin chain.
Thousands of Bitcoin transactions could be reversed, causing massive damage to Bitcoin.
And what I am speculating right now, and yes, this is speculation because they will deny it until they do it, which is a convenient situation for them to be in, is they will get to that point.
Their fork will not have anywhere near levels of consensus on people wanting to run it.
And they will start spamming the main chain.
And they might even spam it with really despicable things.
I would really hope they don't.
At least at one point, I had a lot of respect for these people.
So I hope they don't do that.
But I think they will start spamming it heavily.
And then they will start threatening miners to try and do a hostile reorg of the chain.
That is incredibly fucked up.
That is an attack on Bitcoin.
It is reckless.
It is unnecessary.
And that is not fence sitting.
That is not...
This is the same logical approach to Bitcoin.
which is first, do no harm.
Do not let a lynch mob pressure you
into supporting a fucking hostile fork of Bitcoin.
All forks should default to no to begin with.
You need an overwhelming reason
if you want to try and push a fork for Bitcoin,
in my opinion.
I would never do it personally.
Currently their activation that they going to try and force through is in September Most Bitcoin Twitter influencers the only thing they have going for them is popularity on the internet So they have folded to the Bitcoin mob They have folded to the lynch mob And if you don agree with the lynch mob you quote unquote captured The whole thing just reeks
of hypocrisy. So I just want to say loud and clear here, BIP 110 is an attack on Bitcoin.
I'm greatly disappointed in everyone who is riling up a mob, trying to pressure people into doing it.
These people will fail.
History will look back on them horribly.
And you can try and cancel me,
but I don't really care about your fucking popularity contest.
I do not give a shit.
Bitcoin is the best money.
We need to accelerate freedom money.
The enemies are at the gates.
And it's now or never.
My family relies on the shit.
Marty's family relies on the shit.
Freak's family rely on the shit.
And we're not going to go down without swinging.
You will fail.
Yeah, I mean, I've been saying this since the opportunity I think I co-signed.
You said I don't think it was a great decision by core to push through that policy change.
But again, I've been pretty consistent with this since I was at Bitcoin plus plus in Austin last year.
So almost a year ago, like if it's consensus valid, like, yes, the policy may change.
And many people may not like it, but it's consensus valid.
I don't know why we're squabbling this much.
And to your point, too, like BIP-10, I've seen the lynch mob.
They've been in my menchies.
Yeah, you just haven't convinced me that this is worthwhile
or advantageous successfully.
So that's why.
No, they've done the opposite.
They've done the opposite.
They've tried their hardest.
It was never about convincing.
They've tried their hardest to alienate us and make us their enemies.
And now.
We're captured.
They have to deal with the fucking result.
That's how it's going to go down.
It's really disappointing.
It's really disappointing, but it is what it is.
And I've said this many times, and I'm sure the previous part will get clipped out of context without this part.
But once again, I'm not happy with what Core did.
I think the answer here is more implementations and more choices for Bitcoin.
I don't think Core should control Bitcoin, and I don't think they do.
And I don't think Luke and Mechanic should control Bitcoin.
Unfortunately, they don't either.
And we will keep it that way.
And the best way to stop that from happening is to give people that care about Bitcoin, that are working on Bitcoin, talented people, an ethical, transparent, reliable way of getting funding.
So they don't go to fucking Epstein to get funding.
so they don't go to get an investment check from Jack Dorsey
to get massive salary to attack Bitcoin.
So you can actually have independent thought in Bitcoin
and node operators can have more choices
because you can't just,
this whole idea of defund all dev operations movement
is just, it's a fallacy
because if you don't provide them that path,
they will take a much worse path
and Bitcoin will be worse off for it.
agreed and just a point of clarification too you said they'll reorg the whole chain
just for semantic uh sort of accuracy here they wouldn't be able to reorg the whole chain but
i think if they got significant hash rate they could disrupt um probably like
the better part of a day's worth of blocks and transactions well it's it's from the point of
activation.
So like, by the way,
Udi, all those Tappery Wizard guys,
they can all go fuck themselves too.
They said it would actually
make their
previous inscriptions more valuable
because it would be,
you'd have to do a different path to spam
the chain, so those would be unique and rare.
It's like
here we are stuck in the middle with you
with a bunch of assholes surrounding us.
Dude, it could be longer
than, the way they have it set up,
and their goal right now,
and once again,
they've been very careful
about what they say publicly,
but their goal is to reorg the chain.
And it could be a week.
Just imagine what kind of damage
that does to Bitcoin.
If you are in a situation
where people that care more
about controlling Bitcoin
and their own ego
would rather reorg...
Their own subjective view
of what it should be too, right?
Sure.
They want to control Bitcoin.
will rather reorg a week's worth of Bitcoin transactions
while gaslighting us and tell us
they care more about Bitcoin as money,
but they want to disrupt a reverse,
a week of Bitcoin transactions, if not more,
if they don't have their way.
So how does a reorg work?
I see Prophecy saying, okay, so look,
it's a very clever attack,
the way they have it set up.
And so BIP-110 restricts the rule set of blocks, right?
So every block that's valid on the BIP-110 chain is valid also on the existing chain.
And so if BIP-110 actually had overwhelming consensus, let's say 75, 80, 90% of the network supported it.
It's hard to calculate until it happens, but we're very far away from that.
what would happen is everyone would just basically start accepting these more restricted rules and a bunch of Bitcoin transactions that were previous valid wouldn't be anymore.
And you couldn't use those in the future going forward. No past transactions would disappear.
And that's why when certain things have had overwhelming consensus, the community has gone the soft fork route because it's backwards compatible.
and if there is actually consensus, it's relatively clean,
much more clean than the hard fork.
But when you have a soft fork that's getting pushed
by a very small amount of people loudly
with cancel culture and lynch mob tactics,
you end up in a situation that BIP-110 gets force activated
before anyone even thinks there's consensus.
So at least in past soft fork attempts,
there's been an attempt to make consensus
and see that there's consensus and people want to do it.
In this case, it's actually probably the opposite.
I don't see any consensus building.
I see just you either agree with us or you don't agree with us,
but we're going to fucking do it.
And you can go fuck yourself.
You're captured.
You're a pedophile.
That's what I see right now, quite frankly.
And you can go fuck yourself for it.
So in that situation, what happens?
You have the BIP-110 chain will be very slow to make blocks,
but it will be making blocks.
The regular chain will be going.
You'll have a chain split.
You'll effectively have two chains.
You can't have any kind of market dynamics that trade against them because there'll be no replay protection or anything.
So you're kind of just stuck.
Replay protection is a very big, important detail here.
You're stuck in this hell.
You're like trapped in the hell with them, right?
So they're making small blocks.
Now, they're making blocks slower than the main chain, but they're still making blocks.
Now, this is where it comes in.
This is where the speculation comes into play.
At that point, any reasonable person that cared about Bitcoin would just say, OK, there wasn't consensus.
Maybe we'll try again later. Let's move on. Bitcoin's bigger than us.
It's important. You know, it's important that we have this neutral money.
And, you know, we didn't get our way this time and it's fine. And they would just move on.
Now, these people are incredibly ideologically motivated.
Their leaders want control and they will not back down.
So what they will do in that situation is probably similar to what Roger Rear did during the 2017 round, which is they'll spam the hell out of Op return on the main chain.
And it might include some really despicable shit.
Then, once again, speculation.
then they will threaten miners and tell the miners if you don't if you don't do our chain
then you are committing crimes or doing this they're just going to go after all the miners
and if at any point they get more hash rate significantly more hash rate on the bip 110
chain it will wipe out the original chain it'll just completely wipe out all those transactions
will be reversed. If you deposit
an exchange, reversed. If you made
a transaction, you
went and bought coffee or something, reversed.
All those transactions will be reversed. Anyone running
Lightning nodes will be at risk
of fund loss.
There could be significant damage
to the chain at that point. And they
understand game theory enough to be
very damaging
because they believe that if they
can get 10% of the hash,
15% of the hash to move to
BIP 110, then other miners will start freaking out because it also reorgs their mining rewards.
So if they can get any kind of momentum through their legal avenues and their threatening avenues
and all this other shit, they believe they can then get enough momentum to eventually reorg the
main chain. That is the goal. That is the goal here. It is incredibly reckless. Once again,
it does not stop spam. And it's incredibly hypocritical because these people say,
oh, you shouldn't have a small group changing Bitcoin,
and they are trying to push through a hostile fork of Bitcoin.
That significantly changes it.
So that's where we are right now.
Activation is set for September.
It will fail.
I am disappointed.
It's probably, I guess, it is what it is.
It is what it is.
I guess we'll be talking about this,
but it's reckless on other levels too,
because if you look at this,
wicked was pointing this out apparently there's a telegram group or something
and people are becoming aware about just like the activation method so before the unconditional
activation at block 965,664 there's a mandatory signaling window between blocks 961,632,963,647
so like two weeks before activation during this window BIP10 nodes reject any block that doesn't
signal BIF4 in its
version field. You're just like
immediately just rejecting
anybody that doesn't signal
I want this.
No, it's
an attack on Bitcoin. It is
very clearly an attack on Bitcoin.
And me,
us voicing this opinion loudly is not
good for our quote-unquote careers.
It is not good for the popularity contest
on the internet. But none of that
fucking matters. What matters is Bitcoin.
We don't care about the popularity contest, believe it or not.
I think the best part is these fucking Karens trying to get me fired
when I am a partner at 1031, can't fire me, bitch.
How can you get fired?
And I'm the co-founder OpenSats.
I'm a fucking volunteer at OpenSats.
So this is what it looks like.
You guys can have fun attacking Bitcoin.
I expect apologies when you realize you're in the wrong.
I don't think you will actually apologize, but you should.
And you can go fuck yourself.
You can go fuck yourself.
I'm sick of it.
And I was hoping there'd be a happy path.
There is not going to be a happy path.
And that's where we are.
Yeah, I'm trying to find it.
There was also some consensus bug in the implementation they put out.
Yeah, that a core dev reported the bug to them.
Yeah.
Yeah, well, that's why I think it's reckless.
In another aspect, too,
this code base is not going to be audited thoroughly.
Yes, Luke obviously has his hands in it,
but he's not infallible.
And luckily, there are core devs trying to audit it
in case it does go through and saying,
hey, you do this, you're going to completely fork
this aspect of Bitcoin.
But yeah, I think it's reckless on many levels.
And I don't...
Let me be clear.
Bitcoin that is controlled
by a small group of Bitcoin core devs
or controlled by a small group
of Bitcoin nots devs is worthless.
It's worthless.
The whole value prop of Bitcoin
is that it's not controlled by anyone.
So whether you're Sailor or BlackRock
or nots or core,
you can go fuck yourself.
You're not changing Bitcoin.
Bitcoin is the best money if we can keep it that way.
And fortunately, it is very resistant to change by default.
Yes.
Yeah, yeah.
The hypocrisy here.
It's like...
I mean, I love...
I don't want you changing Bitcoin, so you need to do this and change Bitcoin or bad things are going to happen.
It's like, what?
I can go down a fucking huge list of hypocrisies.
One of the best ones is Jack Dorsey funded OpenSats.
So I'm captured by Jack Dorsey.
Jack Dorsey also funded Ocean, Ocean Mining.
The big difference between his funding of Ocean and the funding of OpenSats is Luke and Mechanic are taking a massive fucking salary from his money.
And guess what? I took fucking nothing.
So stop being a fucking hypocrite.
I guess from now on it's going to be a recurring theme.
We're in the trenches now.
We discussed this before we went live.
I've been a big like, maybe I misread the situation.
I've been like, not that it's a nothing burger,
but it seems so sophomoric and poorly and sloppily run.
I was like, there's no way that this is an actual threat.
you seem describing how they've set it up.
It is very creative.
So be aware of freaks.
I see a comment in the live chat.
What's my view on arbitrary data?
My view on arbitrary data is that it can go fuck itself.
We shouldn't have non-monetary transactions in chain,
but it's unavoidable and BIP 110 doesn't fucking fix it.
and me and Marty have spent years
years publicly in this space working and not shitcoining
we've never taken the easy route of shitcoining or scamming people
and so
so this idea that all of a sudden
we are shitcoiners because we accept the fact that Bib110
does not stop spam is bullshit
yeah logan pull it up reardon code code was like calling this out earlier and so
having a conversation with this guy jim if you try to restrict whether people put in the box
bitcoin transactions you're playing at censorship i don't look inside other people's transactions
and jim respond it's just limiting data size to optimize bitcoin no filtering based on
interpretation of data but whatever you want in that optimized transaction and spend bitcoin
however you like.
And Muren Code points out,
it doesn't seem like you've actually read
or understood the BIP.
It does not limit data size in transactions,
only limits how that data is formatted.
In this, it polices the content
of other people's transactions.
So it actually does let arbitrary data
into the chain.
It's just they have a preference
on what data actually gets in and what doesn't.
It's just bullshit.
It was never about spam.
It's not about spam.
Spam fucking sucks.
The native Bitcoin spam filter is fees.
And unfortunately, all the people that are trying to cancel us
and are allowed about Bitcoin being money,
don't use Bitcoin as money.
So fees have not been that high.
So that's where we currently are at.
But unless you want a centralized fucking group of people
choosing what transactions go into Bitcoin
and what transactions don't,
The only alternative is that fees dictate the cost of these things.
Yeah.
I mean, do you know how Gmail handles spam?
They just fucking have a group of woke people deciding what is fucking spam and what is not in your email filter.
That's how they handle it.
So you're saying Bit.1.10 is akin to that?
Yeah.
They want to make Bitcoin Gmail.
out. But instead of Google controlling it, they want ocean mining to control it.
Here we are. Be aware, freaks. We've got other stuff to talk about this week. I'm sure this
won't be the last time we talk about BIP 110. On to things you should be aware of as well. We were
talking about our clankers earlier. Big fans of OpenClaw, but you should be aware of some of the
LLM providers that you're interacting with.
I'm not going to...
You can open this, Logan, but it comes with music.
It actually is a pretty sweet website.
This is like the coolest website.
It's like both...
It's also both really cool formatting,
and I just wish it was just like a plain text markdown file.
Right.
Like I go back and forth on it.
Yeah.
But essentially, there's a group of what we describe as white hackers.
they were they're not happy with discords basically push to kyc their users with
with sort of legal document and biometric verification so they were doing some sleuthing
to figure out what's going on there while they were doing that sleuthing they figured out that
open ai the u.s government and persona which is the kyc aml sort of surveillance company that's
doing all the ID verification have basically created this massive digital panopticon where
you KYC or Persona, your accounts are tied to your personal identity. And then the companies
that are using Persona for this verification are then sending the information right back to the US
government. And so they found that OpenAI specifically was doing this, but you can just
assume that any company that's using persona for this kyc aml verification um is doing something
similar wasn't there a list of companies that use persona that was released too yeah let me find
that yeah you want to read the list and to be clear like these big tech companies the ai comes
they're all doing like such dirty shit behind the scenes i mean what it came out that anthropic
was like they were,
Claude was being used for the Venezuela attack
to secure Maduro.
There's a lot of dirty shit happening behind the scenes.
This should not be surprising to people.
I bet you it's a lot worse than this.
And this is why open source AI tools are so important.
This is why local LMs are so important.
Being able to self-host this stuff,
being able to have many different providers
offering it is key.
and by the way I'm getting some reports that my mic quality is bad I'm sorry guys I'm traveling
it is what it is the show must go on
so here's a list of personas customers open ai discord linkedin doordash etsy brex
corsera carasoft swan bitcoin mercury wealth simple branch we travel gray grailed ease stifle
Financial Corp, First Republic, Fire
and Flower Holdings,
Serbia
Global. So a bunch of companies
there on that list.
Many of which I use.
Yeah, and when you notice, when you
sign up for these services, like if you try and
get an Anthropic subscription,
they require phone numbers and they
block known
burner numbers. They want to connect your identity to
this shit And when they tell you they going to delete your data They lying to you They not deleting any shit Well they actually may delete it only after they send it to the government
Yeah, exactly.
Assume they're not going to delete any of this shit.
If you hit a CCP model, the CCP is not going to delete it.
If you hit a big tech model, the big tech and NSA are not going to delete it.
They want your information.
Data is what they're monetizing on.
And this is the clear path that they're taking,
which is, once again, why the open source tools are so important here,
because otherwise we end up in a situation where slave tech is just way, way, way more effective than freedom tech.
Save us Maple AI, you're our only hope.
Yeah, I mean, I love what the Maple does.
That is the alternative.
Like you need these LLMs running in secure enclaves, open source models.
not pinging back to the server.
No KYC to sign up.
Yeah, it's a balancing act.
We need all the tools, right?
I think we need it to be easier to self-host.
We also need, when you're not able to self-host,
you should be able to hit these things
in a relatively secure and private way.
That's why I think Maple's doing a really good job
on that front.
You need all these things.
And just a reminder on how this is not speculation.
Sam Altman of OpenAI fame is also behind WorldCoin.
I'm just gaining everyone's fucking eyeballs with their orb for their shitcoin.
And it's all the same funders, you know, A16Z, all these guys.
It's one big group chat that we're not a part of, and they want to enslave you.
Yeah.
Well, that's the other thing, too, with the Epstein stuff.
Be prepared for a Hegelian dialectic framing problem reaction solution.
Epstein files are out.
Everybody's corrupt.
we need to fix this and the way we're going to do that is to make sure everything is verified and
we have the ai tools to to make sure none of this corruption exists so everybody funnel into this
e-verify system um and we'll prevent these crimes moving forward and end up full-blown minority
report and by the way i'm like trying to educate myself more on this ai stuff because i've come to
the conclusion that, by the way, Marty was definitely right on this front hand up, that
it's incredibly important and that we need to make sure we win this war.
So I've been listening to more podcasts and like listening to the leaders in the space
on like what they are thinking.
And I listened to that Dario, the co-founder of Anthropic on Darkash podcast.
Yeah, it was a good one.
And I got into a fight with someone in our AI group.
we have an AI signal group
where some people are getting one-shotted
and other people are trying to learn things.
One-shotting is going on.
You guys got to be careful with these things.
Don't get emotionally attached to them.
You should go listen to the Darya.
If you haven't, go listen to the Dark Cash podcast.
I don't know.
This guy supposedly has some of the best AI conversations.
He's blown up for the last few years
because we've done the tip of the spear
of having all these AI innovators on.
I'm being early to the theme.
But like Dario literally says in it,
he's like, this tech will be great for the Gates Foundation.
Okay, bro.
That's not your friend.
That guy's also an enemy.
Yeah.
Don't let them play you with like the,
oh, Sam Altman is obviously pure evil and demonic.
So Anthropic is the good guys.
No, they're not.
Google isn't either.
Grog isn't either.
You can't trust any of these motherfuckers.
Winsome Hacks is a good point here in the YouTube.
comment, don't use Anthropic. Remember FTX, the effective altruism cult, the same sort of people
are behind Anthropic and Claude. Lots of publicity, not impressed. In my opinion, they will end up
causing a crash. Yeah, the effective altruism people are all up in Anthropic and hand up. I do
use Claude. It is very valuable, but these frontier open source models are beginning to
compete. And again, we like in the freedom tech
space as it pertains to AI, we just need to begin. I think the
models are there. The sort of connecting tools are there. We just need to
package it in a way where it's feature
has feature parity with these closed sourced
models run by these hyperscalers.
I think we can compete. Yeah, I just want to be clear here.
like a lot of the best open source models right now are coming out of the
CCP. And I have something in the notes.
The using their hosted options does not solve this problem.
You know, Kimmy themselves came out with a really cheap,
really easy to use open claw competitive competitor where you can just use it
in the browser. Super easy to use. Everything you do is going to the CCP.
The cool part about what they're doing is it is also open source.
So people like Maple can run it.
You can self-host it yourself on your own hardware.
You have that option to you.
But just hitting their hosted stuff is you're just picking a different enemy.
It's just you have someone else that's enslaving you instead.
Yeah.
Beware.
Before we get too far into the show without reading before they stack up, we got some zaps in the live stream.
Lake Surfer, 21,000 sats.
The pedo politicians are not going to save you, freaks.
Stay humble and stack sats.
Cosign.
Sean, 21,000 sat zap.
No message.
Thank you, Sean.
Soap miner, 42,424 sats.
Palindrome zap.
First, code RHR has been used 21 times so far this month in February.
Those are rookie numbers.
Got to pump those up.
Second, Florida Justin won the contest.
Appreciate you, freaks.
I mean, 21 times.
I mean, you're averaging a little over one order per day with the RHR code.
I think that's pretty good for a humble
Talos soap company there, Soap Miner.
I just got a new care package from Soap Miner.
Awesome. Thank you, sir.
Mav 21, 21,000 sats, zap.
You've got a Mav 21 story in the list.
I mean, it seems like we should mention it now.
The list is like all these very interesting stories.
And then the last thing is just a bullet point
that just says Mav 21.
And Marty's like, why is Mav 21 listed there?
Well, besides the fact that he's a ride or die freak, apparently his sister's a teacher and she brought one of the Aronet air filter, air CO2 monitors into class.
And it was really bad. The CO2 was spiking like crazy.
You know, all our kids were mentally deficient because they were lacking, they were lacking fresh air.
And she opened a window to make it better.
But it turns out the entire school now is talking about CO2 levels.
and these are just the little things
that freaks do.
You're helping the youth in
indirect ways and you love to see it.
Starting conversations.
Pumping too much
CO2 into the kids.
I think that's so cool.
He texted me. He's like, bro, the entire
school now is talking about it.
Good.
We should be having more CO2
level conversations just
as a society in general.
Think about the improvement
and the quality of conversations,
the quality of thinking that we can have
if we were just cognizant of how much CO2 exists
in the spaces we're operating in.
One more 21,000 sat zap from our good friend, Salzal.
No message.
Thank you, Salzal.
Thank you guys for zapping.
We've got a big list.
We wanted to keep this tight.
We're only one story.
Now two, if we include MAPS21.
Um, this is pretty big story blew up, hate to say it, but we've been warning about this
when economic conditions get bad and centralized power begins to lose their grip over their
power.
They overextend and try to make it so individuals can't escape their grass and it's happening
to the Dutch where lawmakers have approved a 36% tax on unrealized crypto stock and bond
gains um which is completely nonsensical so in the netherlands it seems like they're passing this
law i think it goes live in 2028 and between now and then they're going to try to prevent people
from leaving too and hit them with like a retroactive unrealized cap gain stocks even if
they get out of the country that's what i was going to say like it's kind of first of all it's
ridiculous that you're trying to steal people's money and it's horrible for your economy but if
are going to steal people's money why are you giving them multiple years notice that seems even
even dumber like you got to lock them in the you got to lock them in the prison and then steal all
their wealth yeah i think they have like a workaround with some like retroactive callback
that they're going to try and institute but this is insane i mean we've talked about unrealized
cap gain stacks i think biden administration or aoc or somebody here in the united states floated it
and we discussed with them and it's completely economically nonsensical it doesn't make any
sense. It's saving stuff. And it creates a vicious feedback loop where people have to sell
illiquid stuff that makes the price go down even further. And then they have to sell more and sell
more and it kills the economy. And to be clear, the original evil was accepting realized cap gains
tax, which is also savings tax. But at least at that point, you have liquidity. But still,
it's also savings tax, which is the most predatory thing ever.
You inflate the currency and then you tax savings,
which is wild that that's just accepted.
And the PSYOP term is calling cap gains tax
instead of calling it savings theft or savings tax.
I like that.
And by the way, this is just immoral and unethical and fucked up.
But I think it's worth noting that most of the arguments against it
in terms of, oh, it's illiquid.
That's why we should only do realized cap gains tax,
blah, blah, blah.
Bitcoin is actually uniquely suitable
for taxing unrealized cap gains
because it's liquid 24-7, 365 trading.
If all your wealth,
like we're seeing in California right now,
if all your wealth is in startup equity, for instance,
and your startup is valued at a billion dollars,
you're not actually liquid.
You don't actually have a billion dollars.
You don't even have a fraction of it.
And if the people that are buying your equity
because you need to pay the tax
know that you have a gun to your head,
it will also give you a way worse deal.
So Bitcoin doesn't have that problem,
but it still should be resisted like crazy.
And I think we should go a step further.
We should be repealing all Capgain's tax
across the board, not just Bitcoin, everything.
We should not be taxing savings, period.
I want to up to you.
Get rid of the income tax.
Get rid of all of it.
Yeah, I agree.
I'm with you.
I'd be in favor of no taxes
but if it's like alright we need some taxes
the only taxes I'm in favor of are consumption
taxes it's like alright
if you consume something
you want to do that
you think it can
help you build a company
and deliver goods and services
to the economy where you're going to
make money off of that
you want to take the risk and
consume a good
maybe pay a little tax on that
I'm all for getting rid of income.
The problem with that tax, by the way, is it puts the government in the trade flow.
It's like you go to a store to buy something, and the government has to sit there and surveil both the buyer and the seller to make sure that they get their VIG, get their cut, which is incredibly predatory by default.
A lot of the downstream, a lot of the reasons financial privacy is inherently criminalized and fought against is because of enforcement reasons for these surveillance-based taxes.
So I would actually push back and I would say, okay, maybe some taxes on the local level, if you want to like pay for schools or other local resources, it's also a lot harder to corrupt, right?
Because those people will get yelled out of town if they do something totally corrupt.
if you're in a small town specifically,
like you're not in a big city or something.
The larger government gets, the way worse it gets.
And that's why we've been kind of consistent on this.
If all taxes were cut and tariffs were added
on the federal level,
and the federal government only wanted to take tariff taxes,
it would be better than the existing status quo
because that doesn't rely on surveillance of citizens.
That relies on surveillance of import exports
on a transnational level,
which is a completely different threat model than when you're trying to surveil citizens.
But of course, Trump added tariffs and then didn't cut any other taxes.
So it's just a tax increase is what he did.
Well, I hate to break it to you.
The Supreme Court officially shot down Trump's tariffs today.
There is ability to exert them unilaterally.
So that should be fun to deal with.
Wild times.
The unraveling of
tariffs.
Mandibles than Bitcoin
standard. It's only going to get more
wild from here. You got to prepare
and then learn to enjoy it. Otherwise, you can have a
really, really bad time. You're going to have a really, really
bad time. Me and Marty will be here
week in, week out, calling it as we see it.
But
I think it gets much more wild.
The opposite of the peak clown
world call. It gets much more wild
before it gets better. Yeah, it accelerates.
That's going to go down as my worst call of all time.
What else do we got here?
Dutch.
If you're Dutch, all of our Dutch freaks out there, I feel for you.
Hopefully, people in Europe wake up and just start overthrowing your governments because they're completely retarded.
Sorry if that's a bit bombastic.
But we move on to the Human Rights Foundation story that we're coming out of China.
China with a push for yuan as global reserve currency.
China has reiterated its ambition for the yuan to attain global reserve currency status.
Remarks recently published by Guixi, the Chinese Communist Party's flagship journal, used to
convey policy intentions, Xi Jinping called for a powerful currency, widely used in international
trade, investment, and foreign exchange markets.
What's new about these remarks is not their intended ambition, but rather how clearly
these ambitions are stated to the public.
Xi paired this plan with calls for a stronger central bank, globally competitive financial
institutions, and tighter control of systemic financial risks.
For more stories like this and others, make sure you sign up for the Financial Freedom
Report newsletter at financialfreedomreport.org.
And yeah, I mean, building on this too, I'm not sure if you saw it, but Marco Rubio this
week basically went on Fox News and conceded like, hey, we're not going to be the reserve
currency of the world anymore.
I think it's demand for currencies outside the dollar is rising, and it's not likely to fall moving forward.
It's probably only going to increase, so we have to prepare for that accordingly.
And by the way, when the government can't effectively tax us through inflation because they have the reserve currency on their shitcoin, that's when they really start coming for your savings.
Mandibles. Mandibles. I've been reading mandibles on Nasr. There's a nice little bot out there.
It's just chunking it out.
So I have started reading Freaks.
Love to see it.
It's about time.
Yeah, pay-per-queue on here.
I think they had a pretty big update.
So this is basically an ability to use LLMs without setting up an account.
You basically use pay-per-queue to pay per call.
You can use Bitcoin.
I think you can use a debit or credit card too to buy credits as well.
But if you just want to keep it completely private and use Bitcoin or the Lightning Network,
and they introduced AutoClaw, a model router on PPQ for your OpenClaw.
So if you want a higher degree of privacy or a layer, I mean, it's like a VPN for LLMs, pay-per-queue is.
So you have to understand that they sit between you and the LLM that you want to interact with.
And so technically they can see what you're doing.
But the LLM doesn't know it's you.
you don't have an account with them. I mean, look, I think this still like,
it's just another example of how early we are in all this stuff. And I think people should get
comfortable. They shouldn't get one-shotted. They shouldn't become dependent on these things yet.
They shouldn't operate under the assumption that their bot is going to be a lifelong employee of
theirs or lifelong slave of theirs and will always work forever. You should be just resetting it to
my getting comfortable and understanding how it works is I think very helpful way of looking at it.
But for example, like right now, one of the really predatory trade-off balances is if you want to use these things in the cheapest way possible, the best way is to get a subscription from Claude, OpenAI, Google, any of them, Grok, all the CCP models, Kimmy, Minimax, whatever.
If you get a subscription, it's a lot cheaper.
But if you don't want to have all of your data connected to your single identity, the way you have to do it is you have to pay per token.
And that means the more you use these bots, the more money you pay.
And the best models are the most expensive ones, and you start racking up a massive, massive bill.
And I think the way long term we solve this is you have worse local models that you're self-hosting or maybe Maples hosting or something,
that you're hitting those local models
when you're hitting those local models
for most of the things you're doing.
And then when you need the really good models,
when you need the really good compute,
you hit the more expensive ones,
hopefully hosted something through like Maple
where you're not giving up your privacy to use them.
And this is basically the first step to that, right?
Where PPQ is making it very easy
that if someone's running this bot,
they will only hit the cheaper models.
They will only hit the cheaper models
unless you need to hit a more expensive model
for your particular use case at that one time.
And that's, you know,
I think the early stages of this balancing act
of people that want to use it in a freedom-oriented way,
a privacy-oriented way,
are going to have to traverse the system.
In a cost-efficient way.
Yeah.
Either way, can we say how ridiculous this is
that it feels like all the freedom-oriented tools
or most of the freedom-oriented tools,
not all of them.
There's plenty of builders out there
that deserve some credit.
Seem to be run by Bitcoiners, right?
You have like Routester, you have PPQs at Bitcoiners,
Maple's Bitcoiners.
And there's not many of us.
There's not many of us.
It'd be nice if people that weren't in our circles
and weren't our friends were also working on these problems.
And once again, there are people that are,
but it does feel like it's majorly Bitcoiners
that are working on these types of things.
Yeah, I mean, we both had Justin Moon
on our respective podcasts that we run outside of this show in the last week.
And I think his message is very, very important right now,
which is like Bitcoin hasn't won yet.
I think there's a lot of echo chamber back padding that goes on
where it's like, this is awesome.
We're going to win.
I'm guilty of it.
I say we're going to win once a week at least.
And I do truly believe that.
But I think Justin's sort of positioning and his framing right now
I was like, hey, we haven't won yet
and we shouldn't operate under the assumption
that we are destined to win.
Like we have to put the work in and we have to compete
because there's a ton of companies that are a ton of funding,
a ton of firepower and are very good
at building products, marketing them.
And if we being honest in Bitcoin particularly with the freedom oriented open source projects we not that good But now that these AI tools exist they give us the ability to compete
and we need to build things that people need and use.
They don't necessarily, you can't be ideologically pure.
The way in which we approach it, people just want things that work.
They don't care how they work.
And so we need to use these AI tools to build freedom tech
that just works in people and has sort of UX and feature parity
with the closed source tools.
Yeah, go listen to the Justin Moonrips Marty and I did on TFDC
and so Dispatch.
Same person doing amazing work, but very different conversations.
I think you'll find both helpful.
And I mean, on that note, by the way,
he just released his tool that he's been working on
that he discussed on the shows, Pika,
which makes it very easy to securely interact with your bot
instead of using something like Telegram,
which is straight spyware.
And once again, this works off of Nostr, right?
So this is using open protocols,
mixing open protocols together
to develop a complementary freedom tech stack.
And they're vibe coding it too.
So they're using the white noise protocol,
which is called Marmot,
and they built an entire new app
that works with the spec designed to securely communicate with your bots
and have bots securely communicate with each other, which is just awesome to see.
Yeah, and the impetus for this was the Discord ID verification.
He said, we need an alternative.
I don't want to feed my bot to Discord knowing that they're sending my information
back to the government and the language models.
And that's the point.
And Telegram.
Yeah, and Telegram.
Go check it out.
And if you're a developer who agrees that we need these tools, we need the freedom tools as opposed to the closed source surveillance tools, and you have the ability to contribute, go do it.
Hey, RonP5746, Black Pill episode.
We're here for it.
It's not Black Pill.
We're just talking through some stuff.
It's a Friday afternoon.
Doomer optimism.
I have tons of hope.
Freedom Tech gives me hope.
The Freaks give me hope.
By the way, on the Telegram front, Discord is rightfully getting a lot of shit for their full KYC integration.
But I have a friend who was trying to use Telegram, which is the easiest way to use these open call bots.
And he keeps signing up with a burner number and they keep banning his account.
And why are they doing that?
They're doing that because they want to know your identity and they want to track all your communications.
Now, Discord is obviously significantly worse in terms of doing face scanning and all this other stuff.
But that's where these phone number requirements come from. And it's going to get worse before it gets better. All these centralized services are going to add more and more KYC, add more and more control schemes. And this is why the Freedom Stack is more important than ever as our lives are increasingly digital.
yeah
beware freaks
Kimmy Claw
similar to
what we discussed earlier
with
pay-per-queue
they had their own
open claw
alternative
yeah they're all gonna
they're all gonna
offer
I mean look
this is always the balancing act
of open source software
right
we need
we need a thriving
open source developer community so that we have tools that we're actually users of and
not the product.
But it also means that any of these proprietary companies can also just take the stack.
And so this week, we saw Kimi release their own hosted version, and we saw Facebook release
their own hosted version.
And of course, we saw OpenAI basically buy the lead dev of OpenClaw.
So they're all going to release their own centralized versions and controlled versions
that are also probably easier to use,
which is part of the consistent battle that we have
in terms of freedom tech versus slave tech,
which is the slave tech tends to be more convenient and cheaper.
I think we actually have a real chance on the AI front
to make freedom tech both cheaper and more convenient
and more powerful than the slave tech,
which is massive as part of the reason I'm so excited about it.
I think it bridges all of this open source together
in a way that's actually easy to use.
And because it doesn't have walls, it can be much more powerful.
But yeah, they're all going to release these things.
By the way, just a little side note.
It's interesting to me that Facebook released their version.
And WhatsApp is such a controlled, surveilled piece of shit,
but it doesn't work well with bots.
So it only has Telegram support out of the box right now.
Their own in-house messenger that has billions of users
isn't supported yet because they've designed it.
So it's just really hard to get through
without effectively like KYC
through their phone number verification.
Oh yeah.
Be aware, we got more Zaps in the live stream.
One of which is from Mark's co-founder of Maple,
CEO, 21,000 sat Zap.
Shake your local AI maker's hand.
Go do it, freaks.
Shake your rancher's hand.
shake your local AI maker's hand.
Caleb Gregory, 21,021 sats.
First son, welcome to the world at Blockheight 935928.
Being a new dad is awesome.
Congrats to you, Caleb.
Welcome to Dad Life.
It's incredibly rewarding.
I'm incredibly excited for you and your, I'm assuming, wife
as you start the journey of molding young minds.
It's a lot of fun.
It's a beautiful, exhausting experience.
It's wonderful. It changes everything.
You have real responsibilities now
as my son tries to enter this room.
Yeah, I've got three male errors myself,
the middle of which has really taken a liking
to ball tapping me randomly, which has not been fun.
But it is sort of funny.
It's a little comic relief from physical interaction
with my nether regions.
Let's see.
We should read the zaps from last week before we forget.
I'll do the Nostra ones that you do, the podcasting 2.0 ones.
We got 50,000 sats from Pleby and Non.
It's a scam against your soul.
The sats aren't worth it.
We have Milky with 21,812 sats, palindrome boost.
We need AI agents that fully embrace RHR terminology,
such as Cutoff.
I don't know what it says.
21,000 sats from Roaming.
he did three asteroids again
thanks for the shout out
and that's it for our top
Nostro booster last week
you can go to prim.net slash RHR
to see the only verifiable
copy of RHR
every week because it is signed with our
key and hashed so you know
it hasn't been changed
yeah
no booster read from Podcasting 2.0
from last week you freaks if you're
listening on Podcasting 2.0
compatible apps like Fountain
want your your thoughts read on there give us give us a little boost 21 000 sats um
guess we should do it too got a new show a new sponsor not a new show a new sponsor of the show
um talk about them a lot incredible company this episode is sponsored by shrike
if you're a long-term bitcoin holder like ourselves you're not selling
a lot of you guys don't want to either
sometimes you need liquidity
bills, opportunities, life
selling creates a taxable event
and breaks your position
Shrike does Bitcoin back lending
borrow against your stack
keep your Bitcoin
it's a real financial institution
not an experiment
and guess what
they've been listening
they've picked up on it
and they've decided to add the promo code RHR
so you go to Shrike.me
don't have a Shrike account
set one up
use the code RHR
you're going to get $500 in fee free
Bitcoin stacking.
So go check it out.
Big, big, big week for the show.
The RHR code dominance spreads.
Look, I love this because as the freaks know,
I will not change my recommendations or opinions
based on who sponsors us.
So when a company that I already recommend wholeheartedly
agrees to support us and work with us,
it's a beautiful blessing.
It's consistent with all of our sponsors.
To be clear here on Strike Loans specifically,
I want people to use them responsibly or don't use them at all.
There's no way for Strike to know how big your stack size is.
They don't want to know.
They want that to be in self-custody and under your control.
So users get a lot of freedom on how to use these products.
But I personally would say, don't go higher than 10% of your stack size.
And how do I use it?
I use it as a legal way to end around the savings tax.
I would rather not pay the US government 20% to 30% of my savings if I can borrow a small portion against it to pay fiat bills.
And of course, Strike has KYC because it interacts with the regulated financial system.
But as a result, it's a very useful tool when you're living in a fiat world and you need to have access to your bank account.
So I use it as a basically a translation layer. I like to think of it between Bitcoin and my bank account and the greater ecosystem. I can pay my credit card bills with it, for instance, until we're on a full Bitcoin standard.
and obviously
1031 is the largest
investor in Strike
and we're very involved in building out that product
so if you have feedback we take that very seriously
if
Strike fucks up
and loses your money
we're not going to pull a pump
and write a book about how to live an extraordinary
life
we are going to
live in shame for the rest of our lives
and take that to the grave
and we will not let that happen
yeah if you're stacking stats on shrike and uh you don't need a loan but you want to put it
self-custody you can go to another 1031 back to rhr sponsor coin kite get your cold card queue
you can use the code rhr for temper i think we got is it five or ten percent off put in the code
i think it's five i think it's five percent off but yeah cold cards the best we only recommend
the best. We don't change our opinions based on who sponsors us. And it's wonderful when we have
the companies that we're recommending already want to work with us and support us, make this happen.
I've been doing a lot of wallet checking the last couple of weeks. And it's just,
it's so cool when you're just like using the hardware wallets and using the sovereign tools
like Sparrow to do checks and just always reminds you like,
ah, this is why I'm here.
It's just so cool that you can self-verify that your money
is where you think it is and that you have control over it.
It's wild.
It's a superpower.
It really is.
All right.
We got a couple more on the list and I need to shower
before I record a TFTC episode a little bit with Alex Leishman.
I'm going to talk about the River report that they dropped, which we don't have on the list, but I think maybe we should bring that up. Sam Wooters, the head of research at River, they released this report yesterday, basically an update on the Lightning Network in 2025.
and the Lightning Network seems to be absolutely crushing it,
at least in last year it did.
So I'm looking, looking.
Here it is.
Logan, why don't you pull this up?
So Bitcoin Lightning Network exceeds $1 billion in monthly volume last year.
If you look at the first chart here,
the estimated monthly Lightning volume, year-on-year growth,
going back to 2021, August 21,
It was $12 million. August 23, $78 million. November 24, $286 million in November of last year, based off of the estimations. Again, these are estimated monthly volumes. We can't know for sure due to the nature of the distributive protocol that is the Lightning Network.
It's actually relatively private compared to on-chain Bitcoin.
But via their estimates, they're saying $1.17 billion in volume over the Lightning Network in November 2025 alone.
Then estimated monthly transactions, same month, 5.2 million transactions.
And if you look at the right side of this chart, you'll see that there were 6.6 million transactions in August of 2023.
People will look at that and say, what the heck's going on there?
why is there less transactions than there were two years ago?
And Sam highlights it in his post.
There were many people experimenting with microtransaction apps,
like messaging to the Lightning Network, microtransactions in games.
And Sam says that he's surmising that a lot of those apps
have defined product market fit.
They pivoted to other sort of message routing mechanisms,
And that's why you see the decline in transactions.
Those 6.6 million were predominantly made up of microtransactions for other use cases outside of pure payments.
But on the pure payments, if you get on the next chart, average Lightning transaction size in USD over time, $24 in August 21, 12, and August 23, 118 in November 24.
And last year, that bumped up to 223.
people are sending Bitcoin to and from exchanges more and more often using the Lightning Network
sending between exchanges using the Lightning Network and the average transaction size
denominated in dollars is going up so this is exactly what I want to see Lightning Network is
thriving yeah I mean it's just wild how quick it's grown I mean you can another metric that
you can look at is just you look up the top capacity nodes and how much Bitcoin they have
in their hot wallets, it's wild.
It's like nodes with like 600 Bitcoin in them,
which I think is, it's numbers that you could only,
it was hard to really even comprehend
even a couple of years ago.
So yeah, it's just really great to see.
It's happening, Freaks, it's happening.
We've also got an executive order on the list,
promoting the national defense
by ensuring an adequate supply
elemental phosphorus and glyphosate-based herbicide.
How insane is this?
It's just like, hey, we need the glyphosate.
Was this on your radar?
Yeah.
By the way, another thing that the aliens are distracting you from
is that the Trump administration has basically made Roundup
a national security issue
and are trying to defend them from lawsuits,
which is fucking wild.
That shit's in your drinking supply.
it's in your food
they're poisoning us
it's bad for the country
it's good for Bayer
which is a German
fucking company
and it's
it's incredibly fucked up
I will say by the way
I finally did a full spectrum
analysis of
our house's water well
and it's clean of everything
I got no glyphosate
nothing
which is by the way
that's like
that's the real world jackpot
right there
so I'm
I'm pretty excited about that
Yeah.
I'm going to continue turning the frogs.
Is it?
It's not glycophate turning the frogs gay?
Or what is it?
No, it was something else.
And he was right about it.
Yeah.
Logan, you know what it is.
I know you know what it is.
I don't remember what the chemical is.
Cool.
I remember why it turns them gay.
Why does it turn them gay?
Because the frogs are hermaphroditic to begin with,
and it triggers the chemical process in them to make them switch sex.
Okay.
All right.
It's good to know.
Good to know.
Water Wars next, PhillyNet.
This has been a great rep.
I'm going to keep it tight.
I had one other thing.
Oh, like cool.
We've read about this in the Bitcoin brief this morning.
but uh it's fascinating learning and just like how intricate supply chains are and how weird they
can be and did you see this that the uh the japanese toilet maker toto is actually a critical
part of the uh gpu chip supply chain because they like have a special ceramic process to make your
yeah they like they they make this only type of ceramic that's like necessary for the silicon
and then another japanese company it's insane how all these different supply chain things
interact in such complex ways and you have no idea yeah another japanese company uh ajinomoto
um they're known for their bullion cubes and umami seasoning and apparently like one of their
seasonings has this film that is necessary to put on the chips as well you can't make
these chips without Toto,
the toilet
maker, and Ajinomoto,
the
bullion cube
producer.
Capitalism, man. It's wild.
There's another thing in here I want to highlight, too.
Oh, yeah, California.
What's the band 3D printers?
I mean, I'm surprised
they haven't already.
totalitarian commie hellhole
ban the sale
and transfer 3D printers unless they are
listed on a state roster certifying
they block firearms from being printed
disturbing
shit they will be unsuccessful
leave California if you live there
do it for your family if nothing else
you gotta like I said
you gotta prepare things are about to get more wild
from here secure water
secure land strong
small communities
think twice about living in cities
particularly if you have a family
get your shit in order
while it's easier to get your shit in order
than when it becomes more chaotic
yeah
learn how to use Bitcoin self-custody
stack real Bitcoin
not Bitcoin stocks
try not to doom scroll too much
life is short
but the grind is long
the aliens are
the aliens, Project Bluebeam. Go look up
Project Bluebeam. They're prepping us for
Project Bluebeam. Beware.
We've talked about this in the past.
We're at the point where I'm not going to believe the aliens are here
unless they're standing right fucking next to me.
That's for better or for worse. It's
unfortunate that there's no faith in our institutions
anymore because if we're actually under attack by aliens
I'd rather believe them.
But I'm not going to do it
unless I see you on my own eyes.
Maybe the aliens come and they're like, hey, you guys
are run by petal elites. We're going to get rid of them
for you. You guys are cool.
we're gonna leave you alone maybe the good guy aliens yeah yeah and they're probably like backed
by a16z it's like all the same money anyway we come in peace um it's like we palantir and peter
teal have like an alliance with the aliens and they quote unquote destroy the pedos for us right
yeah all right anything else uh i'm telling anything else to wrap up with i'm my i'm my
wife is dealing with complete chaos over there. So I would
definitely need to wrap. I love you for your Istanbul Stack
Stabs. Peace, love.