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Hey!

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Are you listening?

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Good.

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Now that we have your attention, welcome to...

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Drumroll, please.

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The Snap!

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A podcast by me, your host, Katie.

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And me, your host, Ainsley.

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Just two girls in their 20s here to bring you a female-centric girl math tone to the

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Bitcoin, Noster, and value-for-value music space.

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As artists living in Nashville, we got tired of screaming into the void and tiptoeing around

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a broken music industry.

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Looking for a new way forward, we came across this space.

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And thought, why not give it a try?

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In this podcast, we'll deconstruct what traditional success in the music industry has looked like so far.

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How that definition is changing.

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And where the space comes in.

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We'll break down all of the big happenings in both the music and Bitcoin worlds, how they mix.

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We'll fangirl over our favorite music in the value-verse, as well as prop up amazing voices that have yet to be heard.

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We're so glad you're here.

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So let's get to it.

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Hello.

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Hello, everyone. We're back.

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We're back.

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You almost us.

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I know you did.

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I'm like the three people listen to us that aren't our moms.

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Shout out, you guys.

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We love you very much.

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Shout out.

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Shout out, you guys.

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What was your week?

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My week was good.

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A little bit eventful.

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I've been working a lot.

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And then because of working a lot and kind of just doing a lot of things,

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spreading myself a tiny bit too thin, I got sick.

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um and i i haven't been that sick in a while like i'm the type of person that gets very sick

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once or twice a year and like i'll have allergies but otherwise nothing really puts me out yeah um

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this time i was on the couch for like three days real which yowzas and then nobody could cover my

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shift and so I tried to go in got sent home early um it wasn't as easy as that but here we are

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um and then I am moving into a new place so exciting yeah it's beautiful so I've been moving

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boxes and I got all of my clothes put in trash bags and got it all over there so like hot pink

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trash bags too I want to see these trash bags that you keep talking about you know um it looked

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like I was taking out like just a huge pile of trash and um to my car that I was lugging in my

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Uline little dolly um wagon uh thing that I've had since freshman year of college that has lasted

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no she she really comes in handy oh my gosh um yeah so I got all those trash bags very hot thing

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trash bags on that load I was very much trying to get the wagon out of my door so I live in an

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apartment complex and my wagon is as wide as my door and my hallway is just a little bit wider

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so getting the wagon full out of my door into the hallway turned to go to the elevator is a feat

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six point turn it is it is a six point sometimes ten point turn it is it's a fun one and in that

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process I was very consumed with getting it out the door that I got out the door yay no keys

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that'll do it um so because my apartment system works with a fob and not like a regular key

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i have to leave my dolly full of clothes in front of my apartment door and walk

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well ride the elevator all the way down to the bottom get somebody and say hey

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I locked myself out could you please unlock the door for me and then ride the elevator up

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I get let in get my keys and then I can bring all my stuff to my car

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that adds like a whole 10 minutes to this process to which I'm already like annoyed with

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I would be annoyed too and because I've been moving that whole day and there's a different

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thing with getting into the new place and so all in all the joys of moving and that's really the

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thing that has consumed me for the past few days exactly have you ever been locked out before

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yes I've been locked out it's happened once or twice kind of same sort of thing I was carrying

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in groceries and I went down to get another load got down there and realized that I didn't have my

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keys it's like and not only do i not have my apartment key or my car key because they're all

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on the same key chain um so then i have to go back down and go back up to my apartment

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get my keys for my car go back down to my car to get the next load yeah so it's always a time

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yeah and like there's been another time where i got locked out on the way back from work and it

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is like 11 p.m and technically they're supposed to charge you if it's after like 8 p.m like 100

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bucks we're getting locked out yeah because then you've quote unquote technically lost your key

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or it's like a let in fee oh um but i've always been pretty chill with the guys downstairs so i'm

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like hey so we're talking me how's it going what's up team you know the girl that gives you a slider

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every once in a while can I can I ring those in I saw this video um the other day I was talking

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about how it was a video of like a couple of oh you remember how 90s kids used to get locked out

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of their houses and you had to like slide in through some weird little crevice I was like

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that wasn't even 90s kids yeah I remember one time I walked home from school when I was in middle

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school and okay to a couple of different facets to this I had gotten locked out and I don't even

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really remember how I did it but I had to climb onto the roof go and nobody was home I had to

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climb onto the roof sneak over the balcony and go in through my parents balcony door that like I

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kind of forgotten that this happened to me until I saw that video the other day I was like oh but

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the thing is I felt so cool and crazy because I was so not allowed to go on the roof I did it

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anyways that was literally the only rebellious thing I ever did in my life and the only reason

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it was like really rebellious was because at the time my dad was in fall protection he was like you

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are not going up there without a harness I'm like watch me I need to get back in I really have to go

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to the I did I really had to go to the bathroom and I was like I my parents aren't gonna be home

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for a while the front door is locked the back door is locked the studio is locked I am getting up like

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I think what I did was we had a wooden door fence that went from our house to like the next door neighbors.

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So I think I climbed up on the tiny little ledge of the fence and then went all the way around and, you know, snuck in.

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Oh, my gosh.

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So, yeah.

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But I haven't gotten locked up.

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The adventures.

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You didn't have like an extra key under a rock or?

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I don't think so.

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Gotcha.

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And I think it was before it was, I think it was right around when we'd moved into that

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house.

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And so we hadn't gotten it changed to the electric ones where it was the number where

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you could just get in.

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I think that's why I had to, I had to get in.

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Yeah.

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That's, that was like in the deep recesses of my memory.

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Like, you know how you get those memories sometimes and you're like, oh, I haven't thought

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about that in years.

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Oh my gosh.

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Yeah.

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Oh my.

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I was talking to my mom.

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We were, cause we've had different landlines growing up.

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You still have landlines?

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So, technically, yes.

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My parents' house in Vermont still has a landline phone.

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Love.

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And the only way that I can get in touch with them when they're in Vermont is the landline phone.

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Or I call, because...

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Do their cell phones not work when they're there?

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Their cell phones work, but...

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Bad reception.

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Cell reception is few and far between.

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And it's just not reliable at the house.

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So it's not, it's just way easier to call on a landline.

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And whenever they go back to Vermont,

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it's normally because they're going back to go to the company

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that they used to work for in and around to like answer questions

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if there's a big job, like all of that sort of things.

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and so I know when they go back they're either in one of two places they're at home or they're at

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work yeah and because I've been calling there since I was seven years old I just call the

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number and I go like whoever answers I'm like hey can I talk to Brian is Sandra in the office

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can I speak to the manager well and every now and then somebody knew would answer the phone

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oh really and I would say hi can I speak to blank and they'd say well no they're busy right now and

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I was like well they're not going to be busy for me and they would be like well no they're they're

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pretty busy and I was like okay can I talk to and I would say like a different manager they'd say well

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how do you know them and I was like can I just can I just talk to them please and and I would

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finally get through to them and then they would patch me to my parents and they the person would

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never get in trouble obviously because they don't know that i'm their daughter like and how would

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you expect them to know like that's such a 2000s boss ass movie thing and so then i would go in

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and i would recognize the name and see that person and i'd be like hi hello and just wave it's me um

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but on the subject of landlines that my adhd is wild right now guys i'm so sorry um i'm entertained

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by it but i'm glad somebody else oh i'm here i'm here for the side tangents but on the subject of

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landlines that was i've had landlines memorized from a very young age i've had my parents

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numbers memorized from a very young age yeah my parents numbers are the only two numbers besides

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my own that i know off the top of my head right but i still i still have my childhood friends

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landline number memorized because we called each other on landlines oh that's so cute yeah and we

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and it was always the same number like the pattern is stuck in my head yeah but be a good like bank

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password right I mean and my my old school's lunch number from you do that too yeah I have my in

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Florida we called it the end numbers so I have my end number that and my pin number that I still

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remember which like I'm not telling any y'all what that is no I'm like that that thing is old

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yeah old as old as me public school in vermont bad thing has been with me for a while yeah um but

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i remember the rhythm of mine too because it was always just so easy to remember like

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yeah yeah so i mean we always had to memorize numbers um all of that is to come to my boss child i was talking to her and i was like you don have your parents numbers memorized and she was like no they

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were just added as a contact that is gonna get you in trouble somewhere rewind pause also your

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parents never made you memorize their phone number yeah how are you gonna get in touch with them

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well they've had a phone since they were five true but what happens when the apocalypse happens

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or if your phone dies there's no nope then you're on your own like survival skills of a cucumber like

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i i don't what so that's something that i'm seeing lately with a lot of younger kids is like they

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don't know their parents numbers they've been added as a contact since they were three four

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or five years old yeah they've never had to memorize that yeah I should ask my my cousins

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that my cousins are um like they're kind of they're in middle school um like 12 13 so like

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significantly younger than I am right now and they've had you know phones since they were

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however young and I'm gonna see them in a couple weeks I'm gonna ask them that I'm like do you know

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what your mother's phone number is yeah that's because that is that's gonna give me existential

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dread when people say well huh right scary what yeah like what do you mean you don't huh i think

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that's also potentially because it's only child the only child right so those are our people our

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only people in the world right that's why you memorize those right so it could also be that

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we didn't have a sibling that was picking us up from school yeah or a sibling that went to the

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same school as us or did the same sports or was doing the same sort of extracurriculars so there

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wasn't somebody close to our age that we could just kind of run to or grab yeah so therefore we

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always had to have our parents numbers memorized so i mean that's also something to think about

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absolutely no and it makes a ton of sense weird but we had a crazy week in the world

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yeah this week i mean speaking of memes and different things there are so many things this

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week that i saw that i was so confident were ai yeah until i looked it up and i was like

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oh shit which that's another thing that like makes me kind of fearful for like the future

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of technology right now because up until this point we've been able to kind of like tell our

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parents or our grandparents no that's ai yeah and now it's getting to the point that we can't

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even recognize what ai is sometimes that's scary the theory that i love what if we could never tell

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in the first place and ai was put out to kind of oh we're getting better scary scary terrifying um

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i don't know just those oddball things but which like nepal yeah crazy what's going on there

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in four days in four days did people our age overthrow a government make sure that his disabled

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wife was taken to a hospital cleared the streets elected a new official over discord

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and a female official by the way and reinstituted the country in four days are you what and we can't

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even get our shit together over here like four days yeah that's wild also the videos have you

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seen the video of a tourist bus going through a tourist bus going through nepal no i haven't so

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there was a video of i don't want to say what type of nationality because i don't want to be wrong

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um but there was a tourist group going through nepal that

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was literally driving by as they're writing the capitol building and the protester whoa the

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protesters stopped let the bus pass as the bus is passing the tourists are giving all the protesters

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thumbs up the protesters let the bus pass fold right back in behind it and go back about the

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business but they stopped while the tourist bus was going through to let it pass safely

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i know i didn't see that wow isn't that crazy that's wild because it's like we don't have any

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problems with you we don't have any qualms with what y'all are doing yeah we have problems with

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them and i just thought that was such a good metaphor also like like the world right now

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um trump being in britain oh my and all nobody gives a single truck about the windsor castle

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merch crazy did you see that they projected an entire like a whole picture of them together

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did you see that they put that same picture out on the front lawn they're my heroes they are my

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actual heroes like oh like truly i love a comment that i saw because i've seen those videos too a

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comment that i saw and it was like thank you so much for having our back sorry about the tea

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no tea's on us next time

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like whoa the history nerd yeah crazy crazy um or like the paul revere beams of everything that's

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going on yeah sound the alarms yeah um what else there's so much going on france having a no

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confidence vote having a government collapse like is every government ever like on the verge

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collapse right now um meetings in doha because israel keeps on striking everyone

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not just palestine anymore venezuela declaring war on the u.s yeah like it's exhausting to

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be a human and see all of this bad shit happening and the worst part is we're such an

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unserious generation yeah that when talking about it like the venezuela war quote unquote

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the comments that i'm seeing are like guys read the room this isn't the time right now

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or um or come on really or

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pinky flick like bro i mean i get humor as a coping mechanism like the red like the next person does

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but or i mean speaking of memes how a famous political figure was shot and one of the bullet

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casings read if you read this you're gay lmao crazy like god like this is what type of simulation

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is this i i had a thought the other day and this is a hot take and people aren't gonna like this one

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if jesus comes back that is my confirmation that it's a simulation because

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i'm walking because walk with me here as somebody who didn't grow up religious i'm walking with and

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we could cut this because this could be a little bit too out there but because in in what in what

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way are we told from a young age oh my gosh beware of the rapture blah blah blah like all these

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things and then grow up in such a polarizing world with all these different ideals and then

215
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all of these things happen and everything always gonna come always gonna come

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how did we just happen to be the generation that all of this is happening around yeah happening to

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i have this big existential question that i ask a lot of the time i've asked it in therapy i've

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asked it to my parents like are we truly living through unprecedented times or has the world

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always been like this and we are now just waking up as a generation and understanding that the

220
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world is like this it's probably a mix of both i mean mix of both it's the theory of like

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there wasn't if a tree falls in the woods and nobody saw it happen did it fall in the woods

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yeah like that the principle of if there was nobody there to cover it did it happen

223
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so like i can see like because i've heard the same thing yeah but i don't know i mean

224
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historically it's not uncommon to go to war it's not uncommon to have differences

225
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I'm not saying it's right just fair or good I'm just saying that it historically has happened

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multiple times when a generation of 17 to you know 25 year olds is at this critical time in

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their lives where their frontal lobes are not developed and they are seeing all of these massive

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things about the country and the world I mean really I feel like I'm really losing my mind

229
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sometimes I because I can't tell am I just overreacting to all of this this is like affecting

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me in ways that I can't just like shake off right well and yeah how do you go about documenting this

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in a way that is accurate to what's going on is true to what you feel and isn't biased to what

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you grow up with or thought you knew so i feel like everybody's learning how to deal with that

233
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in their own way yeah um but it doesn't feel like this type of polarization is normal no very much

234
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not and i mean historically the pattern that i see is like this type of polarization was

235
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in the 1960s yeah in the 50s the tension between civil war era between all of the different

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things like men and women the equality white and black equality all of those different things

237
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happening yeah coming to a head it seems like we're going through a similar pattern right now

238
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yeah and it scary because like we always think good guys win but yeah the ones who win write the history books so were they actually good yeah exactly like so and how do you talk about these things in a way that you know unbiased and isn going to offend anyone because

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definitely we live in a world today where it seems like even just talking about pure facts about what's

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happening can offend someone right and it's just exhausting like I walked in here I'm not going to

241
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like tell you guys what Katie and I were talking about earlier but I walked in here I had to ask

242
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Katie her opinion on something because I was like I don't I can't tell am I crazy am I overthinking

243
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this or is this something that like maybe I should be worried about and she was like you're

244
00:24:04,724 --> 00:24:09,924
overthinking it it's good to be aware and conscious of it and also this is a symptom of the time that

245
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we live in um and yeah it's just like as a young woman who just grew up and like wants to play music

246
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on a stage in front of people and you know with the week we had last week you know we had a major

247
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world event happen on a wednesday and i had a show later that night and i was really affected

248
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that whole day and I was like oh okay I'm gonna I'm gonna go get up on stage and sing about the

249
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things that I believe in and and also we live in Tennessee oh here let me tell you something so

250
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I remember the day that um Roe v. Wade got overturned I had a show that day in rural Tennessee

251
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and I remember being like this is this is a place where you know I I don't necessarily feel

252
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safe like saying hey I believe in abortion right hey I believe in all of the beliefs that I believe

253
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in um and I remember I wore these little blue um feminist sparkly icon earrings because I was like

254
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if nothing else today this is what I can do to you know say I hate this but I'm with everybody

255
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who's affected by this and I remember my mom and I had like a big long conversation and I was it

256
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was a three-hour cover gig this wasn't like me playing to a stadium of people who were going to

257
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critique my every mood or everything but my mom and I had a serious conversation about whether or

258
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not I should wear the feminist icon earrings to a cover gig and that was three years ago four years

259
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ago and look at where we are now like I remember I had a show um on election day and my mom and I

260
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had a conversation about whether I should sing change your mind or not yeah there's

261
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yeah so anyways it's such a it's such an interesting world that we live in

262
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let's talk about some yeah i'm like i don't i don't know what words to say to that truly

263
00:26:24,804 --> 00:26:30,964
so let me piggyback off of so a minute ago we were talking about oh we're getting to a point

264
00:26:30,964 --> 00:26:36,684
now where you know our generation is having a hard time distinguishing between what's ai and real

265
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so over our break i collected some some headlines about the music industry and the bitcoin world

266
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and I want to read some of them to you just kind of you know get your opinion

267
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Daniel Ek spends 600 million dollars investing in an AI military company called Helsing

268
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what do you think about that

269
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I've got lots of opinions holy wow okay um presumably this is a good chunk of money that

270
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came from his share of Spotify, which is famous for not paying artists and songwriters?

271
00:27:20,684 --> 00:27:31,044
Um, first off, I want my 0.00000001% of that 600 million.

272
00:27:31,044 --> 00:27:41,364
yes please um but not jokes aside i mean that's wild that

273
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he had 600 million dollars to donate first off just laying around um because who has 600 million

274
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dollars that they can give away and if you give said money away

275
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what your first jump is military and also i think it's an ai military defense company

276
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so and that's also just disturbing yeah so ai military

277
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so that would mean

278
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sorry i'm just at a loss so you're gonna have ai and all of that potentially

279
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manning tanks doing everything i don't know what that would mean for military

280
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but all i know is 600 million that's gonna make dance monkey dance yeah so that's gonna

281
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from spotify that's crazy so here are my thoughts number one 600 million dollars

282
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that do you know how much aid that could bring to the gaza strip right now i mean yeah do you know

283
00:29:04,024 --> 00:29:10,484
how many homeless people in america we could feed with that money i mean not even like yeah

284
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with all the different humanitarian aid so that's one thing but now if we get back really into the

285
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more like thing that makes like my music business degree struggling artist hat just like right burn

286
00:29:24,844 --> 00:29:31,204
i think this is so hypocritical and let me just say this with my whole chest i am daniel x biggest

287
00:29:31,204 --> 00:29:39,484
hater if daniel like has no haters then i'm dead sorry um it is so hypocritical that he donated

288
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600 million dollars to an ai military defense company when he is cracking down on small artist

289
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songs getting put onto automated ai playlists and then shutting those artists down saying you can't

290
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put songs on spotify anymore you will not see any money from this when a lot of the time artists

291
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don't control what playlist plural their music gets put on and then also the fact that spotify

292
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is letting ai artists like velvet sundown which was a big thing do you remember that over the

293
00:30:14,784 --> 00:30:23,464
the summer no oh it was an ai band that got a shit ton of traction um and you could hear it

294
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like it was ai automated ai written when bands and ai artists like velvet sundown are taking

295
00:30:30,744 --> 00:30:39,684
a big revenue chunk because of course people it's like um clickbait or rage bait oh i don't like

296
00:30:39,684 --> 00:30:44,104
ai artists so i'm gonna click on this and then you get a million people who click on it it makes a

297
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shit ton of money and then so cracking down on small artists well donating donating money for

298
00:30:51,704 --> 00:30:56,884
the military yeah i i didn't know the piece about cracking down on artists for ai i hadn't read that

299
00:30:56,884 --> 00:31:04,224
yet and like and it's not even that artists are getting put onto ai playlists it's more of like

300
00:31:04,224 --> 00:31:12,164
bot activity like and how ai is now becoming kind of synonymous with the word bot and how

301
00:31:12,164 --> 00:31:17,224
you know when artists put songs out we sign up for playlisting companies where we're like hey

302
00:31:17,224 --> 00:31:22,884
small indie music blog will you put my my song on your playlist and then you know it gets streamed

303
00:31:22,884 --> 00:31:27,984
amount of times and then spotify goes these aren't real goodbye we're not taking this song

304
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and then also here's another thing over the break i was like i don't i think i was getting ready for

305
00:31:33,324 --> 00:31:38,644
a show or something and i you know just put my music on shuffle and it wasn't velvet sundown

306
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band um it was another ai artist where like the artist was literally called like ai tunes or

307
00:31:45,744 --> 00:31:51,244
something oh my gosh and there wasn't even a way that you could report it and say this is ai i don't

308
00:31:51,244 --> 00:32:02,404
want to listen to music made by a robot that's crazy so i mean spotify you have some explaining

309
00:32:02,404 --> 00:32:07,984
to do there's a lot of companies and a lot of different industries that need to catch up with

310
00:32:07,984 --> 00:32:11,244
ai like and i think

311
00:32:11,244 --> 00:32:18,324
they're the music industry specifically i can speak to that because i know it

312
00:32:18,324 --> 00:32:27,164
I know that there's a lot of companies that are behind on working with AI because they're trying to figure out how to best use it to their advantage.

313
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Obviously, that's what every business is going to do.

314
00:32:30,284 --> 00:32:30,644
Duh.

315
00:32:31,144 --> 00:32:40,804
But in trying to use it to their best advantage, they're allowing all of these things to happen before because there's nothing set in place.

316
00:32:40,883 --> 00:32:41,544
There's no precedent.

317
00:32:41,684 --> 00:32:42,344
There's no laws.

318
00:32:42,344 --> 00:32:47,964
there's nothing that's stopping all these things from happening before they've gotten their shit

319
00:32:47,964 --> 00:32:56,104
together yeah so in doing their due diligence waiting to make sure this is what's best for

320
00:32:56,104 --> 00:33:03,484
that company or different industry blah blah you're allowing all of these things to happen before

321
00:33:03,484 --> 00:33:11,344
and i don't know what that's going to mean in the next few years because i don't know how fast

322
00:33:11,344 --> 00:33:18,564
people are going to respond but it's crazy going back to like how this started it's crazy that

323
00:33:18,564 --> 00:33:26,504
somebody isn't going to be such a hypocrite and on such a large stage and if we really wanted to get

324
00:33:26,504 --> 00:33:33,244
you know really into the weeds about it artists could make the claim and make the argument that

325
00:33:33,244 --> 00:33:41,484
that 600 million dollars that he's investing is our money yeah that we never got paid out for

326
00:33:41,484 --> 00:33:47,604
and i mean i saw that there were some people like um i think i need to like look this up real quick

327
00:33:47,604 --> 00:33:52,764
but i think there's this band called um king gizzard and the lizard wizard which like great

328
00:33:52,764 --> 00:34:01,404
name by the way yeah um i think they in response to something like that they were pulling their

329
00:34:01,404 --> 00:34:06,664
music off spotify yeah here's a here's a headline from vice king gizzard and the lizard wizard

330
00:34:06,664 --> 00:34:13,004
leaving spotify frontman student mckenzie says they don't expect danielek to pay attention like

331
00:34:13,004 --> 00:34:20,604
no artist is happy with spotify right now except for maybe their top performers right

332
00:34:31,404 --> 00:34:45,844
All day and all night

333
00:34:45,844 --> 00:34:53,844
I guess I've always been this way my whole life

334
00:34:54,844 --> 00:34:58,584
Worrying from sundown to sunrise

335
00:34:58,584 --> 00:35:25,335
I function like a halogen light burning up inside I stumble through the day blacking out sometimes worrying is hijacking my mind

336
00:35:25,335 --> 00:35:35,335
We are now at the end of the road

337
00:35:55,335 --> 00:36:23,515
We are now at Masougatville, right away from the railroaduto statement of Ayodongu intersection with a V начинаic

338
00:36:23,515 --> 00:36:29,975
High speed chases where I am both criminal and cop

339
00:36:29,975 --> 00:36:36,456
I run myself in circles around what I'm not

340
00:36:36,456 --> 00:36:41,515
Worrying about problems that I've got

341
00:36:41,515 --> 00:36:47,835
Cause I love you take the wheel

342
00:36:47,835 --> 00:36:56,295
Then you drive me crazy, made me feel the way you feel

343
00:36:56,295 --> 00:36:59,215
Now I'm all mixed up and stranded

344
00:36:59,215 --> 00:37:03,876
And I don't know what's real

345
00:37:03,876 --> 00:37:10,715
And I'm worried about if I'm gonna heal

346
00:37:10,715 --> 00:37:16,396
Am I gonna heal?

347
00:37:17,835 --> 00:37:22,575
Am I gonna heal?

348
00:37:33,575 --> 00:37:38,675
Cause I let you take the wheel

349
00:37:38,675 --> 00:37:46,896
Then you drove me crazy, made me feel the way you feel

350
00:37:46,896 --> 00:37:49,876
Now I'm all mixed up and stranded

351
00:37:49,876 --> 00:37:54,095
And I don't know what's real

352
00:37:54,095 --> 00:38:00,075
And I'm worried about if I'm gonna heal

353
00:38:00,075 --> 00:38:06,235
Am I gonna heal?

354
00:38:06,235 --> 00:38:08,356
Am I gonna heal?

355
00:38:08,356 --> 00:38:12,856
Am I gonna heal?

356
00:38:16,896 --> 00:38:22,335
Time for tea

357
00:38:41,055 --> 00:38:45,135
So here's another Spotify headline, which I didn't know.

358
00:38:45,135 --> 00:38:49,696
i was just kind of researching i would have you know said oh we should talk about this when we

359
00:38:49,696 --> 00:38:53,896
first started the podcast of like february or something spotify hosted

360
00:38:53,896 --> 00:39:03,255
made a hundred and fifty thousand dollar donation to the ceremony while apple and amazon each

361
00:39:03,255 --> 00:39:11,856
donated a million dollars to the inauguration i knew that apple and amazon had donated

362
00:39:11,856 --> 00:39:15,356
I didn't know that Spotify had.

363
00:39:19,356 --> 00:39:20,235
Yikes.

364
00:39:20,876 --> 00:39:21,035
Yeah.

365
00:39:21,815 --> 00:39:33,856
Again, more of our money being used to platform a wannabe dictator, an authoritarian, like...

366
00:39:35,015 --> 00:39:35,356
Right.

367
00:39:35,476 --> 00:39:38,976
I mean, we shouldn't even give him airspace.

368
00:39:38,976 --> 00:39:50,675
but that's crazy to me because spotify you've gotten so many different bad headlines and bad

369
00:39:50,675 --> 00:39:57,035
raps for how many years and how many years are people still using spotify like ridiculous

370
00:39:57,035 --> 00:40:03,896
absolutely ridiculous um not to be that person but i've always been an apple music

371
00:40:03,896 --> 00:40:14,055
person hey love which i mean apple music does pay for that they do pay artists slightly better

372
00:40:14,055 --> 00:40:22,695
slightly but not great so i mean it's like the azkab bmi yeah exactly and so i mean i think when

373
00:40:22,695 --> 00:40:27,635
we talk about spotify in these kind of segments where we talk about like big music industry stuff

374
00:40:27,635 --> 00:40:33,235
i think we could even kind of use spotify as an overarching like streaming platforms in general

375
00:40:33,235 --> 00:40:40,956
kind of using it interchangeably with all of the the big ones um okay I've got some other things

376
00:40:40,956 --> 00:40:48,575
that I would like to run past you real quick this one okay so there's this thing called bundle gate

377
00:40:48,575 --> 00:40:55,995
that I think Spotify is is doing I need to like read over this really quickly because this was a

378
00:40:55,995 --> 00:41:03,376
I saw this maybe a month or so ago. Hold on. Okay, so I'm going to quote this article from

379
00:41:03,376 --> 00:41:09,695
Song Sleuth. By, quote, changes, they were referring to their reclassification of their

380
00:41:09,695 --> 00:41:14,295
premium tiers from a standalone music subscription to a bundle due to the fact that they are now

381
00:41:14,295 --> 00:41:20,295
including 15 hours of audiobooks as part of the premium subscribers plans, an estimated 85% of

382
00:41:20,295 --> 00:41:25,956
total Spotify subscribers. This new classification means that Spotify will be able to pay a

383
00:41:25,956 --> 00:41:30,876
lower, lower than it already is, mechanical royalty rate to songwriters.

384
00:41:31,215 --> 00:41:32,356
How much lower, you may ask?

385
00:41:32,715 --> 00:41:39,495
Well, according to Billboard, this semantic issue could mean between $150 million to $180 million less dollars

386
00:41:39,495 --> 00:41:42,615
to songwriters and publishers in the first year alone.

387
00:41:44,135 --> 00:41:46,896
And I quoted that directly from Song Sleuth.

388
00:41:48,175 --> 00:41:49,655
So you're telling me.

389
00:41:51,195 --> 00:41:53,215
I want to know more about the CEO.

390
00:41:53,835 --> 00:41:55,335
Is he new to Spotify?

391
00:41:55,335 --> 00:42:01,695
danielek yeah no danielek is like the main founder he created it in a basement somewhere

392
00:42:01,695 --> 00:42:04,195
because to me

393
00:42:04,195 --> 00:42:13,835
this gives somebody came in like a mergers and acquisitions type and said your company has not

394
00:42:13,835 --> 00:42:18,675
had a profitable year in how long yeah they've only had like two or three profitable quarters

395
00:42:18,675 --> 00:42:22,155
in their whole 20 plus year existence.

396
00:42:22,896 --> 00:42:23,195
Yes.

397
00:42:23,396 --> 00:42:27,195
It sounds like acquisitions came in and said,

398
00:42:27,275 --> 00:42:28,535
you haven't had a profitable quarter.

399
00:42:29,376 --> 00:42:30,876
This is what you need to do.

400
00:42:31,255 --> 00:42:34,275
You need to do X, Y, and Z and you will be profitable.

401
00:42:34,835 --> 00:42:35,055
Yeah.

402
00:42:35,735 --> 00:42:38,175
And he said, okay, cool.

403
00:42:38,315 --> 00:42:40,255
And just instituted it.

404
00:42:40,255 --> 00:42:46,575
Like that's to me what it gives is that he just kind of,

405
00:42:46,575 --> 00:42:54,495
not blindly, but essentially just took a plan and ran with it.

406
00:42:54,495 --> 00:42:58,155
Because when you do something like that, like when you're looking for a loophole,

407
00:42:58,295 --> 00:42:59,535
it's because you're not making money.

408
00:42:59,775 --> 00:42:59,995
Yeah.

409
00:43:00,675 --> 00:43:05,195
And you can't afford to lose more money than you're already losing.

410
00:43:05,195 --> 00:43:06,015
Mm-hmm.

411
00:43:06,655 --> 00:43:15,335
So I don't know what else other than he's not doing well.

412
00:43:16,015 --> 00:43:16,175
Yeah.

413
00:43:16,175 --> 00:43:19,535
So karma is obviously getting them in one way.

414
00:43:20,456 --> 00:43:26,976
But there needs to be a better way to stop CEOs from doing things like that.

415
00:43:27,275 --> 00:43:27,376
Yeah.

416
00:43:27,795 --> 00:43:35,376
Where the company has had no profitable quarter, but somehow you have $600 million lying around.

417
00:43:35,835 --> 00:43:36,015
Yeah.

418
00:43:36,155 --> 00:43:37,235
How does that make sense?

419
00:43:37,735 --> 00:43:38,555
Where's the IRS?

420
00:43:39,015 --> 00:43:39,135
Yeah.

421
00:43:39,916 --> 00:43:40,275
Where?

422
00:43:40,275 --> 00:43:49,775
so on that level of things i mean there's a new girl that's in charge of monopolies

423
00:43:49,775 --> 00:43:57,615
and she's cracking them down girl what's her name i don't i don't know um i don't know if i know who

424
00:43:57,615 --> 00:44:04,575
you're talking about um is it a government person yes there's a new girl that's gone directly against

425
00:44:04,575 --> 00:44:18,135
um apple or microsoft um i think her name lena khan maybe yes i haven't heard about her tell me

426
00:44:18,135 --> 00:44:23,715
is an american legal scholar who was the chair of the who was the federal chair of the federal

427
00:44:23,715 --> 00:44:30,856
trade commission from 2021 to 2025 she was an associate professor at columbia law school

428
00:44:30,856 --> 00:44:43,755
She was a student at Yale Law School and became known for her work in antitrust and competition laws in the United States after publishing the essay Amazon's Antitrust Paradox.

429
00:44:44,695 --> 00:44:46,595
She went after Amazon.

430
00:44:47,095 --> 00:44:47,396
Yeah.

431
00:44:48,436 --> 00:44:49,235
And won.

432
00:44:49,896 --> 00:44:50,495
Yeah.

433
00:44:51,055 --> 00:44:52,275
That's exciting.

434
00:44:52,275 --> 00:44:54,575
she was

435
00:44:54,575 --> 00:44:56,675
nominated

436
00:44:56,675 --> 00:44:57,936
by Joe Biden

437
00:44:57,936 --> 00:45:00,695
in 2021 after a

438
00:45:00,695 --> 00:45:02,635
confirmation and she was the youngest FDC

439
00:45:02,635 --> 00:45:04,675
chair even in June of

440
00:45:04,675 --> 00:45:06,635
2021 that's women in

441
00:45:06,635 --> 00:45:07,876
STEM right there

442
00:45:07,876 --> 00:45:09,856
can we get her to

443
00:45:09,856 --> 00:45:12,615
go after Spotify

444
00:45:12,615 --> 00:45:14,456
she I mean

445
00:45:14,456 --> 00:45:16,755
it sounds like she was

446
00:45:16,755 --> 00:45:20,775
funny enough like a lot

447
00:45:20,775 --> 00:45:27,235
of things in politics and are good in the world right now she fired was fired january 20th of

448
00:45:27,235 --> 00:45:36,155
2025 for what oh never mind yep i get it right yep yep yep um so anybody who was fired by the

449
00:45:36,155 --> 00:45:43,835
trump administration i'm automatically like can we be friends right i'm like hey um i'm trying to

450
00:45:43,835 --> 00:45:53,995
see if she was fired or if she left um because it says it was until january 20th 2025

451
00:45:53,995 --> 00:46:00,615
yeah she won against microsoft as well that is awesome women in stem

452
00:46:00,615 --> 00:46:07,615
um and she stepped in between kroger and albertson's merger

453
00:46:07,615 --> 00:46:12,795
which two big grocery stores yeah it would have been a monopoly

454
00:46:12,795 --> 00:46:17,976
Oh wait, no, that's Kroger and Fred Meyer are kind of the same.

455
00:46:18,456 --> 00:46:27,635
Ooh, she went again, Lockheed Martin's attempt of the acquisition of Aerojet, two big military sponsors merging that would have become a different monopoly.

456
00:46:27,876 --> 00:46:28,055
Yeah.

457
00:46:31,595 --> 00:46:36,015
So Lena, if you want to come on the podcast, we'd love to have you.

458
00:46:36,015 --> 00:46:52,396
Despite early bipartisan support of her continuing in her role as chairman under President Donald Trump, including positive comments in 2024 from Republican Vice President candidate J.D. Vance and former Trump advisor Steve Fannin, Ken was replaced by Andrew N. Ferguson.

459
00:46:52,447 --> 00:46:58,447
in 2025. So she was fired and replaced by, you guessed it, a white man.

460
00:47:22,447 --> 00:47:27,647
Sure you make me cry but you give one hell of a high

461
00:47:27,647 --> 00:47:31,707
I would give all of my base for one more night

462
00:47:31,707 --> 00:47:35,627
I'm feeling myself the way you're feeling on my body

463
00:47:35,627 --> 00:47:39,287
My body, uh-uh

464
00:47:39,287 --> 00:47:43,527
So good as criminal, you going down like John Gotti

465
00:47:43,527 --> 00:47:47,147
You got me, uh-uh

466
00:47:47,147 --> 00:47:51,027
I will take the pain

467
00:47:51,027 --> 00:47:53,807
The screaming fights to go and am I

468
00:47:53,807 --> 00:47:57,927
I'm crying while dancing

469
00:47:57,927 --> 00:48:02,087
Cause I love to be your collateral damage

470
00:48:02,087 --> 00:48:13,387
You're supplying serotonin to my brain

471
00:48:13,387 --> 00:48:17,707
But when I'm coming down I feel insane

472
00:48:17,707 --> 00:48:20,427
You got me staying up, you got me losing me

473
00:48:20,427 --> 00:48:22,407
You got me losing hope that you'll be what I need

474
00:48:22,407 --> 00:48:24,647
You got me on the edge, you got me on my knees

475
00:48:24,647 --> 00:48:26,007
You're so convincing

476
00:48:26,007 --> 00:48:28,307
I slam the door but I can't stay away

477
00:48:28,307 --> 00:48:30,267
I block your number every other day

478
00:48:30,267 --> 00:48:32,327
And you always know just what to say

479
00:48:32,327 --> 00:48:34,187
You're so conflicted

480
00:48:34,187 --> 00:48:37,867
Sure you make me cry but you give one hell of a high

481
00:48:37,867 --> 00:48:41,927
I would give all of my pace for one more night

482
00:48:41,927 --> 00:48:45,787
I'm feeling myself through where you're feeling on my body

483
00:48:45,787 --> 00:48:47,807
My body

484
00:48:47,807 --> 00:48:53,807
So good as screaming, I know you're going down like John Gotti

485
00:48:53,807 --> 00:48:56,187
You got me

486
00:48:56,187 --> 00:49:01,267
I will take the pain

487
00:49:01,267 --> 00:49:05,807
The screaming fights to go in M.I.A.

488
00:49:06,467 --> 00:49:08,227
But I'm crying while dancing

489
00:49:08,227 --> 00:49:12,307
Cause I love to be your collateral damage

490
00:49:12,307 --> 00:49:14,247
Do I deserve it?

491
00:49:14,847 --> 00:49:15,947
All this hurting?

492
00:49:15,947 --> 00:49:19,407
Or am I flirting with the enemy?

493
00:49:20,407 --> 00:49:22,047
Does he deserve me?

494
00:49:22,487 --> 00:49:23,807
Or feel me dirty?

495
00:49:24,587 --> 00:49:25,687
Should I worry?

496
00:49:27,007 --> 00:49:30,267
I mean, I know my worth, but sometimes I go on sale.

497
00:49:30,267 --> 00:49:34,627
I'm feeling myself the way you're feeling on my body

498
00:49:34,627 --> 00:49:36,667
My body

499
00:49:36,667 --> 00:49:42,267
So good as criminal, you're going down like John God

500
00:49:42,267 --> 00:49:44,727
You got me

501
00:49:44,727 --> 00:49:49,867
I will take the pain

502
00:49:49,867 --> 00:49:51,947
The screaming fights get going

503
00:49:51,947 --> 00:49:52,867
Am I

504
00:49:52,867 --> 00:49:56,967
I'm crying while dancing

505
00:49:56,967 --> 00:49:59,587
Cause I love to be

506
00:49:59,587 --> 00:50:01,087
Your collateral damage

507
00:50:01,087 --> 00:50:13,347
So yeah

508
00:50:13,347 --> 00:50:22,327
I've got one other headline that I would like to read to you before we maybe move on to something that plays into, you know, all of this.

509
00:50:22,647 --> 00:50:35,327
So there was an article that came out in March or so that was talking about the term streaming 2.0 and, you know, potentially what it is.

510
00:50:35,327 --> 00:50:48,247
And so my notes on this article were that Streaming 2.0 at its basic core is basically creating yet another tier of exclusivity.

511
00:50:48,667 --> 00:51:00,267
It's creating or it's going to create more work and content creation for artists and more money for the labels and services and thus, quote, adapting monetization rates for artists based on their popularity.

512
00:51:00,267 --> 00:51:10,407
so you know in layman's terms the smallest artists if you know this really goes into effect and

513
00:51:10,407 --> 00:51:15,507
becomes a bigger thing the smallest artists if i don't know if this is going to be based on

514
00:51:15,507 --> 00:51:21,167
you know popularity alone or whatever but it does look like all streaming companies are going to be

515
00:51:21,167 --> 00:51:25,747
switching to the model of only paying after a thousand streams yet another thing that spotify

516
00:51:25,747 --> 00:51:32,787
is just leading the charge on which like not a great thing that the smallest artists aren't

517
00:51:32,787 --> 00:51:36,947
going to get paid anything which like it's not a huge change because already small artists don't

518
00:51:36,947 --> 00:51:44,987
get paid anything but then the biggest artists are going to continue to get paid more but indie

519
00:51:44,987 --> 00:51:52,847
artists make up 26 percent of an estimated 11 million artists on spotify and only 37.5 million

520
00:51:52,847 --> 00:51:57,387
songs out of about 100 million meet the requirements to make any money at all

521
00:51:57,387 --> 00:52:11,067
i mean to put it in perspective a thousand streams is not even one cent yeah so

522
00:52:11,067 --> 00:52:17,267
i can understand from the company's perspective bro that's not even one cent what do you mean

523
00:52:17,267 --> 00:52:24,407
that's still our money that is still something that somebody should pay to access yeah absolutely

524
00:52:24,407 --> 00:52:30,567
and for you the company that's this big

525
00:52:30,567 --> 00:52:36,687
i don't know that has enough money to go and go go and donate right

526
00:52:36,687 --> 00:52:45,907
what's not even one cent to you yeah if there's a thousand of those oh my god you spent a dollar

527
00:52:45,907 --> 00:52:53,907
whoop-de-doo like i don't i can understand it just seems like right now we're so much working

528
00:52:53,907 --> 00:53:02,367
into a phase of like shaving everything off we're going into a recession and i mean for me

529
00:53:02,367 --> 00:53:07,767
the other thing like with streaming 2.0 is that the way i basically read it is it would be

530
00:53:07,767 --> 00:53:15,487
sort of a patreon type of platform within a streaming platform which is creating

531
00:53:15,487 --> 00:53:22,167
more work for the artists yeah on top of all of the stuff that we already do on top of the artists

532
00:53:22,167 --> 00:53:27,547
who already use patreon now you're saying that that's for a patreon type service now you're

533
00:53:27,547 --> 00:53:33,747
saying we would have to implement that into streaming like right and then also you know

534
00:53:33,747 --> 00:53:41,107
going back to you know daniel x spending 600 million dollars on ai that's also coming from

535
00:53:41,107 --> 00:53:47,467
the man who said that the cost of and i quote like but and rightly so a bunch of people on twitter

536
00:53:47,467 --> 00:53:52,367
went after him for this this is coming from the man who said that the cost of making good content

537
00:53:52,367 --> 00:54:02,167
is close to zero when that is just not the case yeah it's that's like somebody saying

538
00:54:02,167 --> 00:54:09,207
well it only takes 20 minutes to make cookies sure but that's a hard 20 minutes like there's

539
00:54:09,207 --> 00:54:13,107
so much shit that goes into the cookies well right it takes 20 minutes to make the cookies but

540
00:54:13,107 --> 00:54:20,667
it takes a half hour in gas money to get the groceries yeah it takes working a stable job

541
00:54:20,667 --> 00:54:25,247
so that you have a house overhead so that you have the time to make those cookies exactly so

542
00:54:25,247 --> 00:54:33,647
and those are just cookies yeah so just i you know me i love using logic to compare logic yes

543
00:54:33,647 --> 00:54:51,395
but that how I view it when somebody says something like that No that a great way to look at it because you absolutely right I mean I don know I just feel upset and disgusted by Spotify a lot of the time

544
00:54:51,395 --> 00:54:56,675
and you know all these other streaming companies that are switching to the model of only paying

545
00:54:56,675 --> 00:55:01,515
after a thousand streams it's like you're following the most popular thing to do even if when it's not

546
00:55:01,515 --> 00:55:07,776
the right thing to do like where is the morality where is the moral ground that we're standing on

547
00:55:07,776 --> 00:55:13,596
which I think the answer is like there is you know solid ground right now in literally everything

548
00:55:13,596 --> 00:55:21,656
the music industry in politics in world events yeah yeah so those were the Spotify headlines I

549
00:55:21,656 --> 00:55:27,415
wanted to talk to you about because I was researching and I was just like what the actual

550
00:55:27,415 --> 00:55:37,836
hell is going on here yeah i mean news in general yeah like if we move over to like bitcoin news

551
00:55:37,836 --> 00:55:47,876
um i was looking up kind of just what's happening right now and it seems like a lot of

552
00:55:47,876 --> 00:55:53,175
whales is what they call them yeah people who have a shit ton of bitcoin that are just kind

553
00:55:53,175 --> 00:56:00,496
of hiding in the deep sea right yeah um these whales are starting to surface yeah they're

554
00:56:00,496 --> 00:56:06,076
starting to move some money out of these really old accounts into new wallets into different

555
00:56:06,076 --> 00:56:11,896
wallets yeah and people are starting to kind of go did they know something we don't yeah outside

556
00:56:11,896 --> 00:56:22,016
of the old like antiquated tradition of traditional banking yeah so i'm curious to see what's going on

557
00:56:22,016 --> 00:56:31,716
what the fed decides um and see how people respond to that yeah and you said something

558
00:56:31,716 --> 00:56:38,636
right before we started recording as well about potentially the stock market yeah being token

559
00:56:38,636 --> 00:56:45,196
yeah that's the right word i don't know if it's if it's the right word either this is the word

560
00:56:45,196 --> 00:56:48,816
that you know came up a bunch when i was researching this so there's a piece of news

561
00:56:48,816 --> 00:56:57,275
in the past couple of days that the stock market might start running on a tokenized

562
00:56:57,275 --> 00:57:04,275
basis, which I think would technically mean, and again, I'm not the technical person behind Bitcoin.

563
00:57:04,275 --> 00:57:10,576
Y'all know me. This is just my understanding of it, which means that I think the blockchain or

564
00:57:10,576 --> 00:57:17,756
the stock market would technically run on blockchain technology, which would mean that

565
00:57:17,756 --> 00:57:25,096
all of those transactions would be instant and frictionless and kind of um you know nullify

566
00:57:25,096 --> 00:57:33,936
the the antiquated outdated but would also in a way be public yeah if it's yeah depending on if

567
00:57:33,936 --> 00:57:44,475
it's on or off train could you okay work with me here yeah could you imagine if there were

568
00:57:44,475 --> 00:57:53,756
if insider trading was essentially made obsolete because you know that a company's stocks is gonna

569
00:57:53,756 --> 00:58:03,336
go through the roof yeah you buy some of it but now that's publicly out there which i think trades

570
00:58:03,336 --> 00:58:09,035
are public knowledge but they're not as accessible yeah because i think they take two to three days

571
00:58:09,035 --> 00:58:16,136
in a traditional system to you know but over the blockchain you would see x goes to x at this time

572
00:58:16,136 --> 00:58:21,355
yeah and even though it's i mean you could have like a username yeah you would still have your

573
00:58:21,355 --> 00:58:30,816
npub which is keyed directly to you yeah so solving crime finding crime for insider trading

574
00:58:30,816 --> 00:58:38,696
white collar crime with any sort of monetary value oof you're out of a job my guy yeah which

575
00:58:38,696 --> 00:58:45,136
is interesting because then imagine the stock market would change a bit yeah because if you're

576
00:58:45,136 --> 00:58:55,855
no longer able to readily predict the market like you were used to or like you could manipulate it

577
00:58:55,855 --> 00:59:03,956
like you used to yeah yikes yeah yeah so here's a um a quote that i found on um rooters or

578
00:59:03,956 --> 00:59:05,795
Rudders.com? I don't know.

579
00:59:05,915 --> 00:59:10,275
It was, I don't know how to pronounce it, but it was from Ruders.

580
00:59:10,855 --> 00:59:15,735
Quote, if approved, the move would mark the first instance of tokenized securities

581
00:59:15,735 --> 00:59:18,596
being allowed to trade on a major U.S. stock exchange

582
00:59:18,596 --> 00:59:23,035
and also signify the most ambitious attempt yet by an exchange operator

583
00:59:23,035 --> 00:59:26,795
to bring blockchain-based settlement into the national market system.

584
00:59:26,795 --> 00:59:30,716
The filing comes days after the SEC unveiled its rulemaking agenda,

585
00:59:30,716 --> 00:59:38,655
which included a potential amendment of its rules to allow for crypto to be traded on national securities exchanges and alternative trading systems.

586
00:59:38,836 --> 00:59:45,535
Efficiency and automating the processes when, you know, the traditional banking system is so antiquated.

587
00:59:46,115 --> 00:59:51,275
And yeah, I just thought that was really interesting.

588
00:59:52,596 --> 00:59:57,655
It is. I think right now there's a lot of change.

589
00:59:57,655 --> 01:00:06,596
there's a lot of chaos there's a lot of unknown and it's cool and scary to be able to have a mic

590
01:00:06,596 --> 01:00:13,275
in front of us at this time yeah absolutely take it with a lot of responsibility like hey kids

591
01:00:13,275 --> 01:00:19,795
yeah no like when I saw this piece of news the other day I was at first I was like oh I don't

592
01:00:19,795 --> 01:00:23,076
know if that's a good thing or not and then I thought about it a little bit more and I'm like

593
01:00:23,076 --> 01:00:30,076
maybe maybe that could be cool and interesting well okay the the problem that you and i both have

594
01:00:30,076 --> 01:00:41,096
is we both are very liberal women yes we very much are and when you read bitcoin news it's like

595
01:00:41,096 --> 01:00:49,136
oh my god who which frat brother wrote this yeah i'm just trying to get to see if this will benefit

596
01:00:49,136 --> 01:00:56,256
at me or if this yeah well not i don't i don't want to know about all that different hubbub

597
01:00:56,256 --> 01:01:02,775
yeah just want to know just let me know this is good yeah truly and so reading through bitcoin news

598
01:01:02,775 --> 01:01:12,015
as somebody who's not also maga yes is incredibly infuriating because i don't i don't want to read

599
01:01:12,015 --> 01:01:20,336
about fox news stuff i just want to know if bitcoin is going up yay i want to know if these

600
01:01:20,336 --> 01:01:28,076
policies are going to affect what i have in my wallet i don't care about the politics behind it

601
01:01:28,076 --> 01:01:35,915
don't give me that technology in this technology should be neutral yes like which and that goes to

602
01:01:35,915 --> 01:01:40,415
um another thing that i thought would be interesting um but also just kind of like my last

603
01:01:40,415 --> 01:01:47,376
thing on the stock market thing i think the thing with that is like the word tokenizing has such a

604
01:01:47,376 --> 01:01:54,836
weird connotation because token is like oh me you're downloading a jpeg as an nft okay what does

605
01:01:54,836 --> 01:02:01,895
that mean and so like i think if i had read that and it was like um oh the stock market would just

606
01:02:01,895 --> 01:02:07,515
be technically block chainified i would have been like oh interesting and i wouldn't have been so

607
01:02:07,515 --> 01:02:10,096
like, I guess, turned off by it when I first read it.

608
01:02:11,096 --> 01:02:11,775
So, yeah.

609
01:02:11,936 --> 01:02:16,816
And when, like, all these little nicknames, like, token, crypto.

610
01:02:17,055 --> 01:02:17,256
Yeah.

611
01:02:18,515 --> 01:02:18,915
Satoshi.

612
01:02:19,196 --> 01:02:19,415
Uh-huh.

613
01:02:19,795 --> 01:02:21,716
It sounds like a Mario Kart game.

614
01:02:22,155 --> 01:02:22,376
Yeah.

615
01:02:22,996 --> 01:02:23,636
It's very gamified.

616
01:02:23,636 --> 01:02:36,964
It sounds like a Nintendo Oh my gosh I just made some Satoshis Let me go throw a lemon peel Like I get it

617
01:02:37,524 --> 01:02:38,724
Money cha-ching sound.

618
01:02:38,904 --> 01:02:39,644
Money cha-ching.

619
01:02:41,324 --> 01:02:43,044
So, yeah.

620
01:02:43,444 --> 01:02:53,804
If there's any listeners that has a good resource of news that I don't even care if it swings biased.

621
01:02:53,804 --> 01:03:02,084
i just want actual news in it yeah you know information information unbiased information

622
01:03:02,084 --> 01:03:08,644
um okay so going off of what you said a minute ago so a couple weeks ago i got to go see the

623
01:03:08,644 --> 01:03:15,504
unbanked film at the bitcoin museum in nashville which was so cool mr sky bravo and i uh may have

624
01:03:15,504 --> 01:03:22,244
potentially premiered um the my episode of going and playing on top of his certain pink bus which

625
01:03:22,244 --> 01:03:27,144
will be coming out sometime soon um but it was really cool night like we got to premiere that

626
01:03:27,144 --> 01:03:33,264
and then we got to watch the unbanked film which oh my gosh the unbanked film was so inspiring

627
01:03:33,264 --> 01:03:40,944
and it was not left-wing it was not right-wing it had a lot of great perspectives from a lot

628
01:03:40,944 --> 01:03:45,484
of different people who probably disagree on a lot of like the main political stuff but

629
01:03:45,484 --> 01:03:50,904
oh my gosh do yourself a favor and go watch the unbanked film I was reading a little bit more

630
01:03:50,904 --> 01:03:56,844
about it last night um and Lauren Seekman the director of it which also love that it was like

631
01:03:56,844 --> 01:04:02,624
directed by a woman yeah which when I went to the Bitcoin conference let me tell you how excited I

632
01:04:02,624 --> 01:04:09,424
was when I met so many like smart and beautiful and elegant and sophisticated women who were like

633
01:04:09,424 --> 01:04:17,544
yeah Bitcoin I was like yes it's not just the finance bros it's not just MAGA guys no literally

634
01:04:17,544 --> 01:04:26,004
oh my god like what oh my gosh let me tell you i met no tino shit oh i met um the wonderful

635
01:04:26,004 --> 01:04:32,264
um ella huff who like if you're in the bitcoin world you probably know um who she is she founded

636
01:04:32,264 --> 01:04:36,884
the cornell bitcoin club and then she um just announced that she got a job at strategy which

637
01:04:36,884 --> 01:04:41,904
is sailor's bitcoin company nice um like doing bitcoin advocacy and i got to meet her for the

638
01:04:41,904 --> 01:04:47,224
first time and she was just so lovely and i met her mom too me and my mom and her and her mom we

639
01:04:47,224 --> 01:04:53,984
had a good thing going on oh yeah like good vibes in the studio mother daughter uh duo is trying to

640
01:04:53,984 --> 01:05:02,964
like bring bitcoin to the the zeitgeist um so yeah there were so many like smart takes on bitcoin

641
01:05:02,964 --> 01:05:09,204
and the thing that i was going with it being directed by a woman was i love that it um it had

642
01:05:09,204 --> 01:05:15,984
a different a different feel and an air to it i saw a quote she said about it we didn't make this film

643
01:05:15,984 --> 01:05:22,424
to like for lack of a better term um and this is me paraphrasing we didn't make this film to like

644
01:05:22,424 --> 01:05:27,004
evangelize you to go buy bitcoin we wanted it to pique your interest so you go and do more research

645
01:05:27,004 --> 01:05:32,884
on it and so when it comes back to what you were saying a few minutes ago with like oh some of these

646
01:05:32,884 --> 01:05:37,304
guys who are trying to do insider trading that might be out of a job if this thing happens um

647
01:05:37,304 --> 01:05:43,424
so one of the um the takes that one of the guys i don't remember who it was in the unbanked film

648
01:05:43,424 --> 01:05:48,324
said was and I'm going to use this anytime somebody you know tries to argue with me like

649
01:05:48,324 --> 01:05:56,764
oh Bitcoin is just like all black market bad stuff he said yeah criminals use Bitcoin and

650
01:05:56,764 --> 01:06:03,264
cryptocurrencies but you know what else criminals use cars and cell phones and they drink water and

651
01:06:03,264 --> 01:06:08,764
eat food does that make all of those things inherently bad and I was like oh that is a great

652
01:06:08,764 --> 01:06:15,504
argument no absolutely like it's technology it's the big question behind technology is the technology

653
01:06:15,504 --> 01:06:22,444
itself the bad thing or is it the people who use it who influence it for better or for worse the

654
01:06:22,444 --> 01:06:31,004
problem which yeah interesting interesting stuff going on in the house of bitcoin in the house of

655
01:06:31,004 --> 01:06:38,864
commons and then one other of my big takeaways um from you know watching the unbanked film was like

656
01:06:38,864 --> 01:06:48,484
how good if harnessed correctly bitcoin mining could be for the environment and for sustainability

657
01:06:48,484 --> 01:06:54,424
i did a little bit more research into it this but i remember watching that part of the documentary

658
01:06:54,424 --> 01:06:58,124
and it's been a couple weeks so i don't remember anything but like go and watch the unbanked film

659
01:06:58,124 --> 01:07:02,764
everybody this isn't sponsored I promise please just watch the unbanked film it was awesome

660
01:07:02,764 --> 01:07:09,584
um I remember watching the part where they were talking about how to um you know harness

661
01:07:09,584 --> 01:07:16,124
unused energy to buy bitcoin and I remember thinking oh my gosh my best friend who goes

662
01:07:16,124 --> 01:07:22,564
to school for like environmental studies and is like saving the uh planet which also shout out

663
01:07:22,564 --> 01:07:26,924
the eco mind collective run by my bestie Anya y'all go check that out had to do a quick plug

664
01:07:26,924 --> 01:07:34,964
I was like if she saw this she would get it she would be like oh my gosh absolutely bitcoin so

665
01:07:34,964 --> 01:07:39,864
there's an awesome Forbes article about how why bitcoin mining might actually be great for

666
01:07:39,864 --> 01:07:47,364
sustainability and here I am quoting again mining soaks up excess energy to prevent from

667
01:07:47,364 --> 01:07:52,364
overloading a power grid companies are finding ways to capture vented methane on landfills

668
01:07:52,364 --> 01:07:54,744
and then turning that methane into electricity.

669
01:07:54,984 --> 01:07:57,304
They then use that electricity to mine Bitcoin.

670
01:07:57,464 --> 01:07:59,764
This practice both reduces carbon emissions

671
01:07:59,764 --> 01:08:03,244
and monetizes stranded energy by taking toxic fumes

672
01:08:03,244 --> 01:08:05,284
and converting them into digital gold.

673
01:08:05,424 --> 01:08:06,704
If the process can be scaled,

674
01:08:07,004 --> 01:08:10,544
it could forever change the way that landfills operate.

675
01:08:10,724 --> 01:08:13,164
Bitcoin miners can tap into any energy source,

676
01:08:13,484 --> 01:08:14,924
anytime, anywhere in the world,

677
01:08:14,924 --> 01:08:17,604
and they are in constant search of low-cost energy,

678
01:08:17,824 --> 01:08:21,684
which they increasingly find in underutilized renewable sources

679
01:08:21,684 --> 01:08:27,924
such as hydro wind geothermal and solar so it's like so cool to see how like mining bitcoin might

680
01:08:27,924 --> 01:08:33,724
be able to pay off climate debt like what yeah that's really cool it was so cool and like this

681
01:08:33,724 --> 01:08:38,104
is also coming from someone which like y'all know me you if you've listened to this podcast y'all

682
01:08:38,104 --> 01:08:42,404
know i'm an anxious girly i'm anxious about everything i'm anxious about people politics

683
01:08:42,404 --> 01:08:48,824
the world climate change um and this is coming from like the daughter of somebody who got who

684
01:08:48,824 --> 01:08:53,664
went back to school to get his MBA in sustainability and also my parents owned an organics company my

685
01:08:53,664 --> 01:08:58,124
mom says it was hello fresh before it was hello fresh so like and we had this conversation a

686
01:08:58,124 --> 01:09:02,804
couple months ago on the podcast about is it ethical and sustainable to be a pop star that

687
01:09:02,804 --> 01:09:10,224
you know is emitting you know fuel and making shit tons amount of merch like just reading that

688
01:09:10,224 --> 01:09:15,044
was so cool so go check out that um Forbes article let me see who was written by it was

689
01:09:15,044 --> 01:09:19,824
written by Sam Lyman. That was a couple years ago, but I still thought it was so interesting to bring

690
01:09:19,824 --> 01:09:27,404
up. No, that was very interesting. That would be really, really cool. I mean, have you seen the guy

691
01:09:27,404 --> 01:09:34,904
that's trying to make fuel out of plastic? No, but I'm really encouraged by that.

692
01:09:36,024 --> 01:09:42,764
You figured out a way to literally shred up the plastic from like plastic bottles, distill it,

693
01:09:42,764 --> 01:09:47,244
and then make it into an oil and then from that oil like make it into a gasoline but he has this

694
01:09:47,244 --> 01:09:53,284
whole machine that he's made and it worked that's incredible he made a car run and like i've been

695
01:09:53,284 --> 01:09:58,824
secretly watching it on tiktok for like years because i saw this guy like a few years ago say

696
01:09:58,824 --> 01:10:02,604
i can make gasoline for plastic and he held up like this little

697
01:10:02,604 --> 01:10:13,084
but renewable things like that where you could tie the making of gas to the making of energy and

698
01:10:13,084 --> 01:10:26,732
bitcoin that insane and that brings so much hope to the future yeah um The thing is scaling that and people giving money to that and believing in that right now

699
01:10:26,732 --> 01:10:32,272
when their dollar is worth less than it was 10 years ago.

700
01:10:32,472 --> 01:10:34,092
Even probably five years ago.

701
01:10:34,332 --> 01:10:35,112
Five years ago.

702
01:10:35,372 --> 01:10:36,112
A year ago.

703
01:10:37,692 --> 01:10:39,452
It's going to be hard.

704
01:10:39,452 --> 01:10:44,372
I mean, everything right now is just such a paradox.

705
01:10:44,592 --> 01:11:05,472
Yeah, absolutely. But that, you know, that kid, you know, making plastic into fuel, that gives me hope. It's funny. It's kind of a side tangent, but kind of plays into it. My mom and I went to Big Lots yesterday, which like haven't been to Big Lots in a long time. But whenever I walk into one of those kinds of stores, I get so much dread about how much plastic there is.

706
01:11:05,472 --> 01:11:12,632
And like this piece of plastic is going to outlive me by hundreds of years.

707
01:11:12,812 --> 01:11:15,912
It's going to be on the planet far longer than I will be.

708
01:11:16,792 --> 01:11:28,632
And we're, you know, creating all of this, these issues that are affecting climate change for the worse.

709
01:11:28,852 --> 01:11:34,312
And I feel so helpless sometimes when I see that because I'm like, I don't I don't need all this plastic.

710
01:11:34,312 --> 01:11:35,872
Why does everybody need all this plastic?

711
01:11:36,272 --> 01:11:37,612
Why do we all need these things?

712
01:11:37,712 --> 01:11:49,552
And so, I don't know, as a Pacific Northwestern hippie who really believes in reduce, reuse, and recycle, I was just really encouraged by that.

713
01:11:49,692 --> 01:11:53,412
And I'm encouraged by this kid who's making plastic fuel.

714
01:11:53,492 --> 01:11:53,952
That's awesome.

715
01:11:54,752 --> 01:11:54,932
Yeah.

716
01:11:55,032 --> 01:11:58,672
Some good news when we started pretty, you know, out there today.

717
01:11:58,672 --> 01:11:59,112
Right.

718
01:11:59,112 --> 01:12:06,512
I mean, it's always good to think about positive things when everything is going crazy.

719
01:12:06,952 --> 01:12:07,092
Yeah.

720
01:12:07,832 --> 01:12:12,952
Well, should we wrap it up by saying like a fun little positive thing?

721
01:12:13,392 --> 01:12:13,692
Yeah.

722
01:12:13,812 --> 01:12:15,232
I don't know what that would be, but.

723
01:12:16,452 --> 01:12:19,532
What's going on around Nashville that's crazy?

724
01:12:19,832 --> 01:12:23,552
Or something that, oh, I saw this video this morning.

725
01:12:24,592 --> 01:12:27,452
And it was of like a spirit week for school.

726
01:12:27,452 --> 01:12:27,932
Uh-huh.

727
01:12:27,932 --> 01:12:33,392
and did you ever play that game where you're sitting on a chair you have a balloon in your lap

728
01:12:33,392 --> 01:12:38,912
and then somebody's like trying to pop it and they're like sitting on you or like just trying

729
01:12:38,912 --> 01:12:43,992
to pop a balloon so i remember they played this at high school and it was always funny because

730
01:12:43,992 --> 01:12:51,112
they would always have like siblings or like teammates play it because the goal is that

731
01:12:51,112 --> 01:12:57,712
teammate is just trying to pop the balloon whatever way possible yeah and in this video

732
01:12:57,712 --> 01:13:06,072
you see this girl wearing a wig sitting on this chair has a balloon in her lap and this guy

733
01:13:06,072 --> 01:13:18,652
just absolutely trucks her body slam like off the chair body slam onto her back she gets up without

734
01:13:18,652 --> 01:13:27,272
a wig and gets a new balloon and the second time and she's already on the ground at this point

735
01:13:27,272 --> 01:13:35,412
second time like jumps on her while she's on the ground and then runs away again and the third time

736
01:13:35,412 --> 01:13:41,492
she's like still on the ground jumps on her again by the fourth time she's like up

737
01:13:41,492 --> 01:13:49,072
and as her arms up to like stop him and she's like no no wait and you just and there's two

738
01:13:49,072 --> 01:13:54,192
point of views and it flashes to the other point of view and you just see him like

739
01:13:54,192 --> 01:14:02,652
absolutely through and it just reminded me of like a simpler time in high school for spirit week

740
01:14:02,652 --> 01:14:08,712
and like all of these things that you would witness and just laugh at on unbeknownst to you

741
01:14:08,712 --> 01:14:14,272
about all the different things that were going on in the world but i sent that video to my dad

742
01:14:14,272 --> 01:14:18,992
yes because my dad and i are weird and we send weird videos to each other

743
01:14:18,992 --> 01:14:25,612
like whenever whenever i see a video like that like i'll just send it to him because i know it'll

744
01:14:25,612 --> 01:14:31,692
make him laugh and he he responds and he goes you're not normal

745
01:14:31,692 --> 01:14:38,372
you can say a lot about high schoolers but you cannot say that they don't go hard

746
01:14:38,372 --> 01:14:44,752
no literally okay let me tell you about um before we wrap up the the weird thing that I've been

747
01:14:44,752 --> 01:14:53,512
sending my dad recently like my dad and I's TikTok DMs are just full of like exactly what you signed

748
01:14:53,512 --> 01:14:59,272
up for you know yeah 15 years ago when you know hey this internet thing sounds cool it's just the

749
01:14:59,272 --> 01:15:06,632
most random wacky shit you can ever imagine I've been sending him and like my dad and I are both

750
01:15:06,632 --> 01:15:10,332
musicians so like there's a lot of musical humor in the things that we send to each other

751
01:15:10,332 --> 01:15:19,812
and so I've been sending him these videos of the Wii Sports Resort like um characters or like the

752
01:15:19,812 --> 01:15:27,192
um avatars playing the trumpet out of tune to popular songs oh my god let me wait I need to

753
01:15:27,192 --> 01:15:34,552
see if I can find an example of it and I've been sending them back and forth and I think they are

754
01:15:34,552 --> 01:15:40,612
so funny let's see oh wait where did it go yes

755
01:15:40,612 --> 01:15:51,152
oh god

756
01:15:51,152 --> 01:15:56,672
it's supposed to be the trombone

757
01:15:56,672 --> 01:16:04,312
and um so we just send each other a bunch of stupid shit like that

758
01:16:04,312 --> 01:16:11,352
and it's so fun oh yeah i sent my dad charlie the unicorn that that recircled on my um um

759
01:16:11,352 --> 01:16:15,672
on my on my for you page oh my god so yeah

760
01:16:15,672 --> 01:16:21,432
i'll play the video that i sent my dad yeah and i i want to see if you guys

761
01:16:21,432 --> 01:16:27,852
you can hear it

762
01:16:27,852 --> 01:16:29,612
like

763
01:16:29,612 --> 01:16:36,692
just

764
01:16:36,692 --> 01:16:38,372
with the classical music

765
01:16:38,372 --> 01:16:39,172
absolutely

766
01:16:39,172 --> 01:16:39,932
trucks her

767
01:16:39,932 --> 01:16:41,912
i mean

768
01:16:41,912 --> 01:16:42,592
second time

769
01:16:42,592 --> 01:16:43,532
she's on the ground

770
01:16:43,532 --> 01:16:44,932
oh

771
01:16:44,932 --> 01:16:46,092
oh

772
01:16:46,092 --> 01:16:47,392
into the other people

773
01:16:47,392 --> 01:16:47,852
oh

774
01:16:47,852 --> 01:16:49,672
okay

775
01:16:49,672 --> 01:16:50,652
other point of view

776
01:16:50,652 --> 01:16:52,412
i just love the classical music

777
01:16:52,412 --> 01:16:53,172
she's

778
01:16:53,172 --> 01:16:56,392
she's on her stomach

779
01:16:56,392 --> 01:16:57,072
and the guy literally

780
01:16:57,072 --> 01:16:58,052
just jumps on her back.

781
01:17:00,432 --> 01:17:01,152
Double opposite.

782
01:17:05,632 --> 01:17:07,392
And then she gets up.

783
01:17:07,772 --> 01:17:09,072
She's like...

784
01:17:09,992 --> 01:17:15,332
Okay. Okay, this one,

785
01:17:15,452 --> 01:17:17,192
it's the last one. She's like, no, don't do it.

786
01:17:17,232 --> 01:17:18,212
Don't do it. Don't do it.

787
01:17:19,772 --> 01:17:20,672
Completely just

788
01:17:20,672 --> 01:17:22,992
checks her. She goes off the mat.

789
01:17:22,992 --> 01:17:30,592
and what i love is that you can see like the football coach in the back just go

790
01:17:30,592 --> 01:17:31,272
oh

791
01:17:31,272 --> 01:17:39,552
like you didn't train him to do that sir where did that come from how is that on the field

792
01:17:39,552 --> 01:17:45,872
right right where did that come up for for a game yeah come on

793
01:17:45,872 --> 01:17:55,632
well we had many a conversation today about many a topic and there's nobody I would rather do it

794
01:17:55,632 --> 01:18:03,112
with so there's nobody I would rather be here with yeah so this has been the snap with me your

795
01:18:03,112 --> 01:18:05,912
host Ainsley and me your host Katie we'll catch you next time