1
00:00:00,000 --> 00:00:06,560
And Bitcoin is just this absolutely incredible, novel system that the world's never seen before.

2
00:00:06,840 --> 00:00:07,720
And it works.

3
00:00:07,880 --> 00:00:09,580
It's been working for 17 years.

4
00:00:09,760 --> 00:00:12,720
No middleman, no government, no bank in the middle.

5
00:00:13,000 --> 00:00:15,200
And you can send and you can receive.

6
00:00:15,200 --> 00:00:21,800
And it's got real value because those properties are real and they can't be stopped.

7
00:00:30,000 --> 00:00:36,660
Hello, and welcome back to the Orange Pool Order podcast, where we dive deep into the world of Bitcoin and the mind shaping its future.

8
00:00:37,120 --> 00:00:37,640
I'm Thomas.

9
00:00:37,820 --> 00:00:38,320
I'm Kalen.

10
00:00:38,420 --> 00:00:45,520
And I'm Finn. Today, we are thrilled to have TC, the creator of Time Chain Calendar and a true Bitcoin trailblazer.

11
00:00:45,920 --> 00:00:51,820
TC, we've been checking out your app and website. It's a game changer for visualizing Bitcoin beyond just the price charts.

12
00:00:52,100 --> 00:00:54,620
We're very excited to hear your story. Thanks for joining us.

13
00:00:55,580 --> 00:00:58,700
Well, thank you very much for having me. I'm excited to be here.

14
00:00:58,700 --> 00:01:04,820
I've heard some buzz about you young lads starting a podcast here, and I'm excited to see how this goes.

15
00:01:05,940 --> 00:01:07,940
Yeah, we are too. Very excited.

16
00:01:08,520 --> 00:01:09,260
It's an honor.

17
00:01:09,560 --> 00:01:11,360
It is definitely an honor.

18
00:01:11,900 --> 00:01:13,960
So let's start at the beginning, TC.

19
00:01:14,180 --> 00:01:16,200
Can you walk us through your journey into Bitcoin?

20
00:01:16,520 --> 00:01:17,860
And how did you get first involved?

21
00:01:17,920 --> 00:01:19,720
And what pulled you down that rabbit hole?

22
00:01:21,560 --> 00:01:22,280
Wow.

23
00:01:22,280 --> 00:01:32,520
I think, honestly, the beginnings were somewhat sort of destined, but also very random.

24
00:01:33,580 --> 00:01:34,840
I'll explain.

25
00:01:35,020 --> 00:01:51,020
Basically, I feel like for a long time prior to actually discovering Bitcoin, I was already starting to notice things in the world that kind of gave me a sense that things aren't quite what they seem.

26
00:01:51,020 --> 00:01:58,080
a lot of the systems that we depend on and trust are not so dependable or trustworthy.

27
00:01:59,660 --> 00:02:04,740
And, you know, basically just kind of the history that I lived through,

28
00:02:04,980 --> 00:02:10,860
I think I started kind of paying attention to these things around, you know, the year 2000.

29
00:02:10,860 --> 00:02:13,660
There was a big stock market crash.

30
00:02:13,960 --> 00:02:20,380
They called it the dot-com crash, where basically all of this excitement about the internet

31
00:02:20,380 --> 00:02:29,620
and the hopefulness about, you know, the internet changing the world sort of produced this giant bubble in the markets

32
00:02:29,620 --> 00:02:39,900
and then things collapsed and kind of everything that happened after that gave me the impression that, you know,

33
00:02:40,020 --> 00:02:42,520
we're living through a pretty interesting time.

34
00:02:43,380 --> 00:02:47,200
Not too much long after that, we had the whole 2008 crisis.

35
00:02:47,200 --> 00:02:58,540
And I was paying attention to that much more even just from the sense that, you know, it was I remember it was pretty outrageous.

36
00:02:58,540 --> 00:03:12,360
A lot of my friends and I were very struck by this idea that banks had been irresponsible and issued loans to people that shouldn't have gotten those loans.

37
00:03:12,840 --> 00:03:16,940
And then that produced a sort of collapse in the economy.

38
00:03:17,260 --> 00:03:22,100
And then the banks just turn around and put their hand out to the government and get bailed out.

39
00:03:22,100 --> 00:03:29,120
and that was really profound as far as getting my attention about the banking system and the

40
00:03:29,120 --> 00:03:35,060
monetary system uh it's interesting looking back now too because that's exactly the time frame

41
00:03:35,060 --> 00:03:43,620
where bitcoin was created the genesis block of bitcoin has that uh sort of saying inscribed into

42
00:03:43,620 --> 00:03:49,380
it that basically says chancellor on the brink of second bailout for banks is literally referencing

43
00:03:49,380 --> 00:03:57,320
that exact crisis. And so I think that was something that also reinforced the idea for me

44
00:03:57,320 --> 00:04:03,620
that there's really something wrong with the monetary system, the banking system. But still,

45
00:04:03,760 --> 00:04:11,120
I didn't really discover Bitcoin until almost a decade later. It was actually in my line of work.

46
00:04:11,640 --> 00:04:16,800
I'm a web developer. I've worked for a lot of different companies building websites and

47
00:04:16,800 --> 00:04:25,720
doing software development and I just so happened to move jobs from one company to another where

48
00:04:25,720 --> 00:04:35,540
the the new job was suddenly exposing me to basically the that whole sort of world of crypto

49
00:04:35,540 --> 00:04:41,700
and bitcoin the company that I was working for actually did an ICO and had a token and so I was

50
00:04:41,700 --> 00:04:45,660
surrounded by co-workers that were just fanatical about this stuff.

51
00:04:46,320 --> 00:04:53,480
So like a lot of people, I discovered Bitcoin in that sort of misleading context of crypto.

52
00:04:54,080 --> 00:05:00,320
And then, you know, I had to kind of take years to find my way to a better understanding about it.

53
00:05:00,320 --> 00:05:10,300
I think it was the 2019, there was a real issue with the repo market that caught my attention

54
00:05:10,300 --> 00:05:15,680
as far as the economy and macro things that were happening.

55
00:05:15,780 --> 00:05:18,500
And then all of a sudden, it feels like the whole world got hit

56
00:05:18,500 --> 00:05:21,620
with that whole COVID pandemic phenomenon.

57
00:05:21,840 --> 00:05:26,820
And by that point, I had my attention squarely where it needed to be

58
00:05:26,820 --> 00:05:33,220
as far as being sort of a skeptic and trying to figure out

59
00:05:33,220 --> 00:05:35,520
how I'm going to survive this insane world.

60
00:05:35,740 --> 00:05:38,960
And I feel like that's when I really kind of fully went down the rabbit hole

61
00:05:38,960 --> 00:05:43,540
and started to appreciate really what was special about Bitcoin.

62
00:05:43,920 --> 00:05:46,060
It's a journey. It takes time.

63
00:05:46,660 --> 00:05:48,320
I think a lot of people can relate to that.

64
00:05:48,760 --> 00:05:52,200
It's very easy to get drawn to crypto

65
00:05:52,200 --> 00:05:54,980
and actually find yourself on the wrong path.

66
00:05:55,640 --> 00:06:02,020
I think it's critical to realize that Bitcoin is the innovation.

67
00:06:02,500 --> 00:06:04,440
It's not blockchains. It's not crypto.

68
00:06:04,720 --> 00:06:07,660
It's Bitcoin itself, that actual protocol

69
00:06:07,660 --> 00:06:10,880
that really is the innovation that's going to help people.

70
00:06:11,720 --> 00:06:15,300
And that's why I started doing the Time Chain Calendar project.

71
00:06:16,860 --> 00:06:20,240
Yeah, I think we've seen a similar trend across all our guests

72
00:06:20,240 --> 00:06:22,580
in how they've identified a broken system

73
00:06:22,580 --> 00:06:24,600
and seen Bitcoin as the whole solution.

74
00:06:27,700 --> 00:06:31,860
Yeah, and I also, like, I see that a lot.

75
00:06:31,960 --> 00:06:35,460
I think a lot of people can see that that is an issue,

76
00:06:35,460 --> 00:06:40,260
but I think a lot of people actually don't find Bitcoin

77
00:06:40,260 --> 00:06:41,820
and that's where the issue lies

78
00:06:41,820 --> 00:06:44,200
because I've met a lot of people

79
00:06:44,200 --> 00:06:46,340
that know there is an issue with the currencies

80
00:06:46,340 --> 00:06:48,840
with the whole world basically

81
00:06:48,840 --> 00:06:51,200
and they just don't really know a solution to it.

82
00:06:51,300 --> 00:06:53,700
I think another problem is, well me personally,

83
00:06:53,840 --> 00:06:55,300
how the media portrays it.

84
00:06:55,400 --> 00:06:55,760
Definitely.

85
00:06:55,760 --> 00:06:58,700
In the sense that they group it in within the cryptocurrencies.

86
00:06:59,480 --> 00:07:01,100
They don't tell you about all of the great things,

87
00:07:01,200 --> 00:07:02,340
the great space, the opportunity.

88
00:07:02,580 --> 00:07:04,520
So it sort of just gets sort of bundled

89
00:07:04,520 --> 00:07:10,680
into this one big mess and no one really knows how to navigate it in a sense yeah and it also

90
00:07:10,680 --> 00:07:16,120
i mean obviously these media channels they need to get their views they need to get their money so

91
00:07:16,120 --> 00:07:22,820
oftentimes people will read that you know apparently bitcoin's gonna craft and that's

92
00:07:22,820 --> 00:07:28,920
happened for the 30th time now and it's like wow how many times can you say that before people start

93
00:07:28,920 --> 00:07:35,360
to realize that it's not actually true yeah you know a funny pattern uh you'll notice is whenever

94
00:07:35,360 --> 00:07:45,060
bitcoin is in a positive light in a news story it's mentioned as crypto and then whenever crypto

95
00:07:45,060 --> 00:07:51,980
is in a negative light in the news stories they always put a big bitcoin coin on the visuals so

96
00:07:51,980 --> 00:07:59,880
that there's just such a sort of two-faced way that the media mistreats and misframes Bitcoin.

97
00:08:00,500 --> 00:08:02,620
But again, you know, there's a common theme.

98
00:08:02,740 --> 00:08:07,220
I think it's an important one for young people especially is there's a world of noise

99
00:08:07,220 --> 00:08:13,020
and it takes some work and some effort and some critical thinking to identify the signal.

100
00:08:13,020 --> 00:08:16,460
And you have to actually switch your brain on.

101
00:08:16,580 --> 00:08:18,800
You can't just take everything at face value.

102
00:08:18,800 --> 00:08:26,000
you kind of have to develop a little bit of skepticism and a little bit of determination

103
00:08:26,000 --> 00:08:33,380
that you're going to apply your thinking to what you're seeing and try to identify the signal

104
00:08:33,380 --> 00:08:39,740
amongst the noise. It's really important these days. Yeah. I mean, I want to circle it back to

105
00:08:39,740 --> 00:08:47,720
your obvious anonymity. I mean, you're known as TC at Meditation Man on X. And I think we're all

106
00:08:47,720 --> 00:08:54,180
curious especially our gen z audience why are you personally choosing to stay anonymous within this

107
00:08:54,180 --> 00:09:06,460
space i think that identity and anonymity uh is a really important dynamic and it's something that

108
00:09:06,460 --> 00:09:15,400
most of us don't really appreciate until it's a problem um in our world today there's so many

109
00:09:15,400 --> 00:09:24,420
forces trying to do the exact opposite where they're convincing people to you know share their

110
00:09:24,420 --> 00:09:31,940
their face everywhere and post as many pictures as you can of yourself and your family members

111
00:09:31,940 --> 00:09:39,320
and you know there there's like a whole economy socially uh that people try to tap into

112
00:09:39,320 --> 00:09:44,080
and it encourages people to just share more and share more.

113
00:09:44,080 --> 00:09:51,180
And we've learned that a lot of these platforms are harvesting all this information and selling it

114
00:09:51,180 --> 00:10:00,560
and you're paying with your privacy to the point where most of us have none.

115
00:10:00,560 --> 00:10:09,900
and for me it's just that I reached a certain point where I decided I needed to start taking

116
00:10:09,900 --> 00:10:18,800
a stand to attempt to protect a little bit more and it's a personal choice you know I I love to

117
00:10:18,800 --> 00:10:26,580
be here talking with you guys today and uh I I just feel like you know because of my life and

118
00:10:26,580 --> 00:10:34,400
various aspects of it. I want to try to hold on to just a shred more of my privacy if I can.

119
00:10:35,080 --> 00:10:43,060
And it is just a thin veil. It's a really interesting thing to just start paying attention

120
00:10:43,060 --> 00:10:50,140
to. How frequently in the course of your normal activity, you're asked to hand over your phone

121
00:10:50,140 --> 00:10:57,000
number your email address your name your your home address um you know people are just look at

122
00:10:57,000 --> 00:11:01,840
our culture and i'm sure with you guys you know the younger generation everyone is so excited to

123
00:11:01,840 --> 00:11:08,360
get a phone that has a camera in it and taking selfies and now with all the ai it's kind of like

124
00:11:08,360 --> 00:11:15,380
gamified that whole thing and there's so many fun ways to leverage your image but you have to

125
00:11:15,380 --> 00:11:23,620
consider this stuff remains on the internet forever. It just doesn't go away. And you never

126
00:11:23,620 --> 00:11:28,700
know where you're going to be in life later, where some of these things become a bit of a

127
00:11:28,700 --> 00:11:35,820
vulnerability. So it's just an interesting topic to kind of keep a focus on. And I think that you

128
00:11:35,820 --> 00:11:43,060
give yourself a few more options if you do operate with just a little bit more care. There's nothing

129
00:11:43,060 --> 00:11:51,680
wrong with using a pseudonym or an alternate name that's not your legal name. You can achieve

130
00:11:51,680 --> 00:11:59,380
most of what you do online in that way. And then that just gives you the option to reveal your

131
00:11:59,380 --> 00:12:05,140
legal identity at a later point if you need to. I think it's just one of those things that

132
00:12:05,140 --> 00:12:10,860
I only really started paying attention to in the last few years. And at this point, I feel like I'm

133
00:12:10,860 --> 00:12:16,200
clinging to what little bit I can actually still, you know, keep my own.

134
00:12:18,160 --> 00:12:26,580
Yeah, I mean, I don't really think people and especially Gen Z sort of can quantify how big

135
00:12:26,580 --> 00:12:31,420
the internet will inevitably become. And all of that data, all of these pictures, they're all

136
00:12:31,420 --> 00:12:38,080
held by, hell, sorry, independent corporations. And sort of the leverage they have over your

137
00:12:38,080 --> 00:12:45,360
sovereignty and identity is really uncomprehendable at this given time yeah um and obviously we can

138
00:12:45,360 --> 00:12:52,400
appreciate why many people especially like you choose that anonymity i think it's just important

139
00:12:52,400 --> 00:12:57,000
for us that maybe we aren't anonymous because obviously yeah we want to be the voice of the

140
00:12:57,000 --> 00:13:02,980
youth but also the face of the youth for bitcoin because i think it will resonate a lot easier

141
00:13:02,980 --> 00:13:08,940
with these younger generations if they can see who they're talking to and learning from definitely

142
00:13:08,940 --> 00:13:15,140
especially with a lot of gurus online spitting out false information behind a random tiktok

143
00:13:15,140 --> 00:13:20,820
account it's like who do you trust but then when you have a face to information almost it's sort of

144
00:13:20,820 --> 00:13:26,920
much easier for them to learn in my opinion at least yeah yeah there's another aspect too which

145
00:13:26,920 --> 00:13:32,580
is that all of these platforms, the social media and so many other things,

146
00:13:32,680 --> 00:13:35,380
they're all sitting on top of centralized databases.

147
00:13:35,880 --> 00:13:40,040
So you don't think about it that your information gets collected

148
00:13:40,040 --> 00:13:48,700
and is sitting basically waiting for a data breach or a hack to expose that stuff.

149
00:13:49,760 --> 00:13:54,240
When you get further along the way, I mean, for me,

150
00:13:54,240 --> 00:13:56,860
I've been using the Internet for decades now.

151
00:13:56,920 --> 00:14:03,160
And it's terrifying when I realize how many data breaches all my information has been a part of.

152
00:14:03,840 --> 00:14:06,160
And there's nothing I can do to undo that.

153
00:14:06,280 --> 00:14:12,220
So I basically only have the choice to proceed in a different way going forward.

154
00:14:12,520 --> 00:14:14,900
And I'm choosing to do that now.

155
00:14:15,020 --> 00:14:16,160
And I don't know.

156
00:14:16,320 --> 00:14:19,120
I hope it's achieving something for me.

157
00:14:20,480 --> 00:14:20,500
Yeah.

158
00:14:21,020 --> 00:14:26,560
Okay, well, I think we're going to kind of go back onto the time chain calendar.

159
00:14:26,560 --> 00:14:32,320
So just for our viewers, what is it exactly and why did you create it?

160
00:14:34,060 --> 00:14:38,480
Well, as I said before, I'm a web developer.

161
00:14:38,720 --> 00:14:47,340
I've been in the business of building websites for people and learning how to do UI and graphic

162
00:14:47,340 --> 00:14:50,200
design and things like that professionally.

163
00:14:50,200 --> 00:14:55,880
And then, of course, I discovered Bitcoin when I did and I started really

164
00:14:56,560 --> 00:15:01,680
getting passionately interested in it and wanting to learn as much as I can.

165
00:15:02,280 --> 00:15:07,820
You know, at a certain point, it really came to the forefront as something that I should

166
00:15:07,820 --> 00:15:09,440
actually implement.

167
00:15:09,940 --> 00:15:14,500
I was inspired by several other really great websites.

168
00:15:15,280 --> 00:15:20,280
You know, there's Clark Moody's Dashboard, one of the OGs, one of the first guys to really

169
00:15:20,280 --> 00:15:24,020
put together a comprehensive set of data as a dashboard.

170
00:15:24,020 --> 00:15:48,780
You know, there's the legendary Mempool Space guys. They've really created an incredible resource. I'm forever grateful for them because I actually use their API on my website. So the data that you see there is actually the same data that you see on Mempool Space. It's just with the time chain calendar interface on top of it.

171
00:15:49,620 --> 00:15:53,260
And then there's another project that I have to mention, which is the block clock.

172
00:15:53,260 --> 00:16:03,540
You guys might be familiar with a piece of hardware made by the company CoinKite, which is a beautiful hardware device that sits on your counter or on your shelf.

173
00:16:03,700 --> 00:16:07,720
And it shows you the latest block height and various other data.

174
00:16:09,060 --> 00:16:14,300
So for me, I was inspired by that, particularly because I own a block clock.

175
00:16:14,300 --> 00:16:33,980
And I was really enjoying sort of noticing, oh, there's a new block. Oh, there's something interesting in the data that happened. And it was a really cool feedback loop to experience awareness of that information and to have that in my space while I'm working.

176
00:16:33,980 --> 00:16:40,580
of course because i'm a web developer i looked at that hardware and i kind of thought hey if i

177
00:16:40,580 --> 00:16:48,960
re-engineer this to make it more of a live website it'll be even more up-to-date real-time

178
00:16:48,960 --> 00:16:56,240
information and then of course i had my own ideas about what i wanted to display so the first version

179
00:16:56,240 --> 00:17:03,300
of time chain calendar i really think of as sort of a web block clock and then it's got these

180
00:17:03,300 --> 00:17:09,220
circles that introduce visualizations of various aspects of Bitcoin's protocol.

181
00:17:09,540 --> 00:17:19,860
And that really is sort of the spirit of the project is I'm trying to bring awareness of

182
00:17:19,860 --> 00:17:28,340
Bitcoin just by virtue of having that protocol information right in your experience.

183
00:17:28,340 --> 00:17:45,020
Like I've got it up on my screen right now. And every time a block hits, I don't miss it. I put this sort of animating, rippling kind of effect every time a block hits. And it's kind of hard to miss, even if you're not looking right at it, if you just catch it in the corner of your eye.

184
00:17:45,020 --> 00:17:56,460
And there's a, in my opinion, there's a really cool kind of awareness thing that you start to develop as you're sitting there with it in your presence and these blocks are happening.

185
00:17:56,460 --> 00:18:14,840
And I realize like your consciousness is starting to become aware of Bitcoin and Bitcoin's behavior starts to infiltrate your mind in a new way because you're paying attention to that.

186
00:18:15,020 --> 00:18:17,580
think about how many people look at Bitcoin,

187
00:18:18,220 --> 00:18:20,520
but maybe they care about it,

188
00:18:20,540 --> 00:18:22,060
but all they're looking at is a price chart.

189
00:18:22,860 --> 00:18:26,340
What is the signal that they're getting on a daily basis?

190
00:18:26,860 --> 00:18:29,960
Most of us, you can't not look at the price.

191
00:18:30,120 --> 00:18:31,040
You check it each day.

192
00:18:31,620 --> 00:18:33,980
Some of us check it many times every day.

193
00:18:34,740 --> 00:18:36,140
And that's one particular signal.

194
00:18:36,820 --> 00:18:41,080
But the price is also very much outside of Bitcoin.

195
00:18:41,340 --> 00:18:44,580
The Bitcoin protocol doesn't know what the price is.

196
00:18:44,580 --> 00:19:05,720
We just had a block hit. I couldn't avoid it. It was in my line of view. And it just, you know, it just right right there. I just put a pin in my brain. You know, we're living our lives every day. Right now we're in a podcast together. We're having this conversation. But that block hitting, it's like a little pin was dropped in my consciousness right there.

197
00:19:05,720 --> 00:19:28,840
And if I allow that to happen throughout the course of an entire day and then throughout the course of weeks and months and years, I'm sort of like developing consciousness and awareness of Bitcoin in a way where it's a part of my daily experience on a deeper level.

198
00:19:28,840 --> 00:19:43,140
And then on top of that, staying aware of these other aspects of the protocol, the rings on the interface represent important cycles in Bitcoin's protocol.

199
00:19:43,140 --> 00:19:53,992
So you know for instance the orange circle in the interface is the blocks to the halving that 210 blocks to get all the way around that circle Takes about four years

200
00:19:54,412 --> 00:19:57,832
I only launched the website three and a half years ago.

201
00:19:57,932 --> 00:20:01,992
So I haven't even seen that orange circle go all the way around in the time since I made it.

202
00:20:02,292 --> 00:20:03,632
But I'm paying attention to it.

203
00:20:04,052 --> 00:20:04,852
I'm watching it.

204
00:20:04,852 --> 00:20:08,352
We're almost halfway through this halving right now.

205
00:20:08,472 --> 00:20:09,252
We just hit another block.

206
00:20:09,252 --> 00:20:18,112
and and it's you know it's just paying attention to that stuff i think is a great way to build that

207
00:20:18,112 --> 00:20:25,392
awareness and also start paying attention to these aspects of the protocol which are such greater

208
00:20:25,392 --> 00:20:33,192
signal than just the price you know you can you can pay attention to the pace of blocks as they're

209
00:20:33,192 --> 00:20:39,492
coming in you learn about the having and what significance it has to bitcoin you learn about

210
00:20:39,492 --> 00:20:45,652
the difficulty adjustment the red circle and so many other things i'll take a pause right there

211
00:20:45,652 --> 00:20:51,552
what do you guys think i mean i think it's so awesome to hear that it's almost like you've

212
00:20:51,552 --> 00:21:01,392
intertwined your consciousness with bitcoin itself and um i think yeah it's uh what you

213
00:21:01,392 --> 00:21:07,492
were saying about the price it's uh yeah price is just kind of the smallest part i think that's kind

214
00:21:07,492 --> 00:21:14,172
of tip of the iceberg but when you really start getting to know bitcoin like obviously it's a

215
00:21:14,172 --> 00:21:21,292
it's a part of it you want to check it but bitcoin is a completely separate thing a completely

216
00:21:21,292 --> 00:21:26,192
different thing that we've never seen i don't think anyone else has ever seen in their lifetimes

217
00:21:26,192 --> 00:21:36,252
if think about this oh sorry go ahead i was gonna just say you know let's think about why

218
00:21:36,252 --> 00:21:42,612
the price is outside of bitcoin because basically what the price is uh it's just a reflection of

219
00:21:42,612 --> 00:21:50,032
the most recent trade on a particular order book you know actually the price feed on time chain

220
00:21:50,032 --> 00:21:58,112
calendar is a price feed that I developed myself. I have on my server, I'm connecting to about 13

221
00:21:58,112 --> 00:22:03,552
different exchanges around the world. And I'm getting all these different prices in at all

222
00:22:03,552 --> 00:22:10,412
these different times. And I basically look within, say, the last six or seven seconds,

223
00:22:10,772 --> 00:22:16,432
and I look which prices I've gotten from different feeds. And then I aggregate them together and I

224
00:22:16,432 --> 00:22:21,592
average them together. I use the volume on those exchanges to kind of weight the averages a little

225
00:22:21,592 --> 00:22:30,052
bit. But basically, I rolled my own price feed there. But even still, what is it? It's just

226
00:22:30,052 --> 00:22:37,292
the most recent trade on those exchanges. And if you know how order books work, it just means,

227
00:22:37,412 --> 00:22:42,252
okay, a buyer and a seller matched up there. And then you think about who those people are.

228
00:22:42,252 --> 00:23:09,832
Who are the people that are trading every day? You know, there's a lot of people who consider themselves just professional traders. There's a lot of DGENs. There's a lot of gamblers. There's people who are FOMOing in or FOMOing out. There's a lot of sort of reactions to daily news or, you know, just emotions of those participants.

229
00:23:09,832 --> 00:23:15,352
I look at that group of people as not the most educated about Bitcoin.

230
00:23:16,332 --> 00:23:21,472
You know, most people who are really into Bitcoin, and especially people who've been in it for a while, they're not trading all the time.

231
00:23:21,572 --> 00:23:24,492
They're not on exchanges buying and selling all the time.

232
00:23:25,652 --> 00:23:37,572
So I like to think about it from the point of view of, you know, where that activity is that produces that data and who are the people and participants that are producing that activity.

233
00:23:37,572 --> 00:23:45,772
I don't think the traders are the people that I want to be looking at the signal from on a day-by-day basis.

234
00:23:45,912 --> 00:23:51,372
You know, you look at the protocol and you look at the pace of blocks, for instance.

235
00:23:51,652 --> 00:23:54,372
It's one of my favorite metrics is the average block time.

236
00:23:55,392 --> 00:24:01,232
You know, that's showing you what is the pace of blocks in this particular difficulty epoch.

237
00:24:01,392 --> 00:24:04,272
We just had a difficulty adjustment about a day ago.

238
00:24:04,652 --> 00:24:07,392
So it's actually a very small sample size right now.

239
00:24:07,572 --> 00:24:09,052
It's just the last day of blocks.

240
00:24:09,652 --> 00:24:13,532
Right now it shows 9 minutes 43 seconds average block time.

241
00:24:13,532 --> 00:24:26,492
But to me, I look at that and I'm immediately thinking about those participants instead of the DGEN traders who are executing trades on an exchange.

242
00:24:26,772 --> 00:24:36,932
I'm thinking about the miners that are looking at this raging hash rate and this difficulty that's very close to all time high.

243
00:24:37,572 --> 00:24:47,692
And I think about the people that have to actually invest capital and acquire hardware and build out infrastructure and secure energy contracts.

244
00:24:47,692 --> 00:24:52,672
I mean, those participants have Signal baked in.

245
00:24:53,212 --> 00:24:58,632
Those are people who are really investing in Bitcoin.

246
00:24:59,152 --> 00:25:03,892
And they have long-term goals to try to mine as much Bitcoin as they can.

247
00:25:03,892 --> 00:25:10,372
I think that group of participants is a lot more interesting and meaningful to pay attention to.

248
00:25:11,332 --> 00:25:14,292
And you watch the difficulty change.

249
00:25:14,372 --> 00:25:16,832
We had a couple of difficulty adjustments that were wild.

250
00:25:16,992 --> 00:25:22,572
We had double digit difficulty drop and then a double digit difficulty increase.

251
00:25:23,412 --> 00:25:28,472
You know, you're looking at wild swings in the pace of block production.

252
00:25:28,472 --> 00:25:37,812
and then you're seeing what the people that are mining do in response and to me this is where the

253
00:25:37,812 --> 00:25:44,472
this is that's that's real signal that's sort of more worth your time to pay attention to

254
00:25:44,472 --> 00:25:51,232
yeah i mean i just want to quickly circle it back to the time chain calendar

255
00:25:51,232 --> 00:26:02,792
I mean, again, your viewpoint is spectacular, but I think more importantly, our Gen Z audience, I mean, the question is, how does it help someone new to Bitcoin, if at all?

256
00:26:05,452 --> 00:26:17,752
Well, I think that's a great question. I think the first thing you might ask if you look at it is, what is that big number? Right now it says 939634. What is that?

257
00:26:17,752 --> 00:26:28,392
and I think that's where new people are gonna benefit greatly from this it's it's the right

258
00:26:28,392 --> 00:26:35,172
question to be asking what is that number that's the block height that's basically how many blocks

259
00:26:35,172 --> 00:26:42,392
have been added to the chain since the whole thing started you know you can grab that little slider

260
00:26:42,392 --> 00:26:44,352
that's just below the circles.

261
00:26:44,832 --> 00:26:46,672
It's got a little blinking handle,

262
00:26:46,992 --> 00:26:49,272
and you can slide that all the way to the left,

263
00:26:49,452 --> 00:26:53,572
and it goes all the way back to Genesis block, block zero.

264
00:26:54,612 --> 00:26:57,512
And what you're looking at here

265
00:26:57,512 --> 00:27:04,952
is the sort of live bleeding edge of this chain of blocks.

266
00:27:05,312 --> 00:27:08,912
I hope if somebody looks at this and asks themselves this question,

267
00:27:08,912 --> 00:27:09,872
well, what is that number?

268
00:27:09,872 --> 00:27:12,532
and they hear that it's a chain of blocks,

269
00:27:12,732 --> 00:27:14,532
they maybe would ask, what's a block?

270
00:27:15,332 --> 00:27:17,312
And what is a block?

271
00:27:17,552 --> 00:27:19,792
Well, it's telling you on Time Chain Calendar

272
00:27:19,792 --> 00:27:24,092
this pool called Ocean mined that block.

273
00:27:24,652 --> 00:27:28,112
There were 2,076 transactions in that block.

274
00:27:28,872 --> 00:27:31,712
The average fee was around one sat per V-byte.

275
00:27:32,392 --> 00:27:34,792
You start getting a little more information about,

276
00:27:35,552 --> 00:27:37,132
well, what is that block?

277
00:27:37,132 --> 00:27:40,552
That block is a group of new transactions.

278
00:27:41,252 --> 00:27:42,732
We just hit another block.

279
00:27:43,812 --> 00:27:47,812
And this new block was mined by a pool called Antpool.

280
00:27:48,272 --> 00:27:51,612
And there's 2,611 transactions in that one.

281
00:27:52,452 --> 00:27:56,872
So Time Chain Calendar is trying to show you what's actually happening.

282
00:27:57,492 --> 00:28:06,592
And maybe a new person can pretty quickly pick up that each of these blocks is a new group of transactions

283
00:28:06,592 --> 00:28:09,552
that's getting added to this chain.

284
00:28:10,212 --> 00:28:14,472
Now, imagine one of those transactions was yours

285
00:28:14,472 --> 00:28:19,752
and say you were sending Bitcoin to someone

286
00:28:19,752 --> 00:28:21,872
and it was for something really important.

287
00:28:22,332 --> 00:28:24,572
You can use your imagination what that reason is,

288
00:28:24,572 --> 00:28:27,812
but what you're seeing

289
00:28:27,812 --> 00:28:30,592
and maybe what a new person should be thinking about

290
00:28:30,592 --> 00:28:35,472
is this system without any central control,

291
00:28:35,472 --> 00:29:04,272
There's no bank. There's no government. There's no laws that are dictating that your transaction needs to be made. There's a system here that incentivizes all these people who are mining Bitcoin to compete furiously against one another to win the right to scoop up a bunch of unconfirmed transactions, including yours, and put it in a block and add it to the chain.

292
00:29:04,272 --> 00:29:12,092
And in doing so, as soon as your transaction is in a block, it's considered a final transaction.

293
00:29:12,672 --> 00:29:16,412
And at that point, it can't be undone.

294
00:29:16,772 --> 00:29:18,332
It can't be canceled.

295
00:29:19,192 --> 00:29:24,192
So you're looking at some of the greatest properties of Bitcoin.

296
00:29:24,852 --> 00:29:25,932
Censorship resistance.

297
00:29:27,252 --> 00:29:27,772
Sovereignty.

298
00:29:27,772 --> 00:29:35,712
you know you were able to make that transaction by virtue of sending a message to the network

299
00:29:35,712 --> 00:29:44,112
and all the nodes in the network circulate that message around and when the time is right when a

300
00:29:44,112 --> 00:29:50,152
miner hits a block they like the fee that you're offering them they scoop your transaction up along

301
00:29:50,152 --> 00:29:55,092
with a couple thousand others and boom it's just been added to the chain and that makes that

302
00:29:55,092 --> 00:30:01,172
transaction final. That goes for you sending. It also goes for you receiving. If someone's sending

303
00:30:01,172 --> 00:30:08,772
you Bitcoin, you are able to see that transaction before it's even confirmed. You'll see an

304
00:30:08,772 --> 00:30:14,652
unconfirmed transaction in the mempool. And then you'll see once it's actually confirmed in a block,

305
00:30:14,712 --> 00:30:20,512
and that's when you know you've actually received the Bitcoin and that the transaction that gives

306
00:30:20,512 --> 00:30:29,992
you that Bitcoin is final. So very fundamentally, this is that system, that permissionless peer-to-peer

307
00:30:29,992 --> 00:30:39,592
system that allows the transfer of value without any authority or middleman in the middle. And

308
00:30:39,592 --> 00:30:47,072
that's what people need to understand is happening here. Most people, if they just watch the news,

309
00:30:47,072 --> 00:30:52,372
They think Bitcoin's a Ponzi scheme and it's just another crypto project.

310
00:30:52,652 --> 00:30:57,952
And they don't start understanding what is actually meaningfully significant here.

311
00:30:58,392 --> 00:31:06,532
What's significant here is, you know, Chancellor on the brink of second bailout for banks, this banking system.

312
00:31:06,772 --> 00:31:07,792
And you'll see it everywhere.

313
00:31:07,852 --> 00:31:13,852
There was just a news story today about BlackRock stopping people from withdrawing money from their accounts.

314
00:31:14,192 --> 00:31:16,412
And you see this over and over again.

315
00:31:16,412 --> 00:31:23,832
if you go to a bank and you try to take out a large amount of cash, you're going to get an interrogation.

316
00:31:24,272 --> 00:31:25,832
What are you doing with that money?

317
00:31:26,232 --> 00:31:30,472
And they can just as easily say, no, you can't withdraw your own money.

318
00:31:31,552 --> 00:31:35,172
Or, I mean, I think a lot of people are running into this more and more.

319
00:31:35,172 --> 00:31:43,592
And Bitcoin is just this absolutely incredible, novel system that the world's never seen before.

320
00:31:43,912 --> 00:31:45,152
And it works.

321
00:31:45,152 --> 00:32:04,772
It's been working for 17 years. No middleman, no government, no bank in the middle. And you can send and you can receive. And it's got real value because those properties are real and they can't be stopped.

322
00:32:04,772 --> 00:32:14,852
so it's it's to me there's like this connection between what you understand and how much value

323
00:32:14,852 --> 00:32:20,352
you see there so all the people that are outside of bitcoin that don't see it as valuable they

324
00:32:20,352 --> 00:32:24,992
don't understand what the big deal is they don't understand fundamentally what's happening

325
00:32:24,992 --> 00:32:33,192
maybe time chain calendar is just another tool to help you see what's happening so that you can

326
00:32:33,192 --> 00:32:39,412
start wrapping your head around it and then maybe you will start developing an interest and some

327
00:32:39,412 --> 00:32:46,052
conviction in it yeah i think you i mean you touched on freedom i think that's such a key

328
00:32:46,052 --> 00:32:52,272
fundamental of bitcoin because even our gen z listeners they won't probably have experienced

329
00:32:52,272 --> 00:32:57,132
the transaction being cancelled and things like that and with like the emphasis on how bitcoin

330
00:32:57,132 --> 00:33:06,072
gives you freedom is just so important yeah i mean going back to our conversation about privacy

331
00:33:06,072 --> 00:33:11,432
and things what's the very first thing that any of these apps ask you for you know you sign up for

332
00:33:11,432 --> 00:33:18,252
some new i don't know a venmo type app or something like that and it's okay give us your identity tell

333
00:33:18,252 --> 00:33:25,992
us where you live, you know, you have to kind of pay in a way with all that information.

334
00:33:26,492 --> 00:33:29,532
And then that gets sort of used against you.

335
00:33:30,032 --> 00:33:35,112
You know, it's something maybe younger people don't think of as much, but certainly as you

336
00:33:35,112 --> 00:33:36,832
get older, you're going to see it more and more.

337
00:33:37,432 --> 00:33:43,992
There are boundaries set by your culture and your society around you.

338
00:33:43,992 --> 00:33:57,812
You cross the wrong line and somebody's going to want to punish you. Somebody's going to want to limit you. I think that's really an important aspect of what is so important about Bitcoin.

339
00:33:57,812 --> 00:34:05,272
You know, I think people who are in it for long enough, they maybe even start to take it for granted.

340
00:34:05,412 --> 00:34:08,092
But I think it's just it's like magical.

341
00:34:08,312 --> 00:34:12,832
You know, Bitcoin was kind of called there's a meme of it as magic Internet money.

342
00:34:13,112 --> 00:34:18,872
And there is something just magical about permissionless transfer.

343
00:34:19,112 --> 00:34:21,592
I actually know people all over the globe now.

344
00:34:21,792 --> 00:34:22,932
I know you guys now.

345
00:34:22,992 --> 00:34:24,252
We're on different continents.

346
00:34:24,252 --> 00:34:30,032
And if I wanted to send you some Bitcoin or you wanted to send me some, we don't have to ask permission from anyone.

347
00:34:30,472 --> 00:34:32,052
That's a big deal.

348
00:34:32,352 --> 00:34:36,872
And that same system works for pennies.

349
00:34:37,092 --> 00:34:41,572
It works for billions of dollars or pounds of value.

350
00:34:41,852 --> 00:34:43,152
It's unreal.

351
00:34:43,152 --> 00:34:54,052
The way that the system works, it breaks so many of the paradigms that the traditional financial system imposes upon us.

352
00:34:54,252 --> 00:35:05,952
You know, if you try to move enough money to buy a car, that's going to cause problems in most financial institutions, especially if you don't do that all the time.

353
00:35:06,272 --> 00:35:13,992
You know, it's like red flags go up and you're instantly suspected of doing something wrong and you have to answer for it.

354
00:35:13,992 --> 00:35:30,352
I think that this is one of the things that really differentiates sort of the people that are oblivious to Bitcoin from those that really are paying attention to it.

355
00:35:30,352 --> 00:35:39,252
It's like whether you've experienced any of the friction in the world or problems that are causing people to need Bitcoin.

356
00:35:39,252 --> 00:35:44,632
and i think if you see the right perspective you you'll realize quickly wow the world is

357
00:35:44,632 --> 00:35:49,792
actually moving in a direction where this is going to be needed more and more you know

358
00:35:49,792 --> 00:35:57,752
definitely i think well i think it's been needed for quite a while to be honest um

359
00:35:57,752 --> 00:36:05,872
it's uh yeah it's a necessary part of life to be honest having your own privacy and not having

360
00:36:05,872 --> 00:36:14,972
that middleman either blocking transactions or asking questions about the transactions or even

361
00:36:14,972 --> 00:36:23,432
taking some of that transaction because they can i think it's just yeah not not really how money or

362
00:36:23,432 --> 00:36:30,072
currency should work i think even certain people like especially people that you know might be

363
00:36:30,072 --> 00:36:36,232
non-docs very private people like i know people that wouldn't want to allow the banks to see their

364
00:36:36,232 --> 00:36:42,132
transactions if there was an option anyway yeah like it's so open when in my opinion and i think

365
00:36:42,132 --> 00:36:47,152
it's a it's a shared opinion amongst the youth that that shouldn't be the case and obviously

366
00:36:47,152 --> 00:36:53,512
bitcoin is the only answer yeah and i think that's what we again want to get out to the youth

367
00:36:53,512 --> 00:36:58,572
that Bitcoin is the only answer to all of these privacy issues,

368
00:36:58,712 --> 00:37:02,392
but also in general, the currency issues,

369
00:37:02,692 --> 00:37:04,652
which run across the entire world.

370
00:37:04,912 --> 00:37:07,412
And Bitcoin is the solution to all of it.

371
00:37:08,352 --> 00:37:09,852
I mean, circling back to the youth,

372
00:37:09,972 --> 00:37:14,132
we really want them to understand the importance of your app.

373
00:37:14,232 --> 00:37:17,512
So I will ask, why the emphasis on time chain over blockchain?

374
00:37:17,512 --> 00:37:26,352
the the terminology to call it time chain instead of blockchain yes well you know there's a there's a

375
00:37:26,352 --> 00:37:33,752
couple of things i think that are are fascinating there is that um satoshi didn't use the word

376
00:37:33,752 --> 00:37:41,992
blockchain in the original white paper um the the preferred term was time chain and he his focus and

377
00:37:41,992 --> 00:37:51,992
I think it's clear if you read his writings that the connection with time is really the important thing.

378
00:37:52,592 --> 00:37:55,812
Blockchains were not Satoshi's creation.

379
00:37:56,092 --> 00:38:01,252
That was a data structure that was created by others prior to Bitcoin.

380
00:38:02,252 --> 00:38:05,072
And he chose that data structure.

381
00:38:05,072 --> 00:38:12,712
and then he added so many other features that kind of made it work in the way that bitcoin works

382
00:38:12,712 --> 00:38:22,152
and the synergy with time is it's uncanny um the the sort of importance of that so for me when i

383
00:38:22,152 --> 00:38:26,792
was going through my bitcoin journey and i encountered the word time chain it really

384
00:38:26,792 --> 00:38:34,052
jumped out at me maybe also because of the time in history that i was really discovering bitcoin

385
00:38:34,052 --> 00:38:39,912
there were a lot of people who were also sort of affinity scamming with the term blockchain.

386
00:38:40,332 --> 00:38:47,052
You saw sort of the early kind of mainstream adopters,

387
00:38:47,652 --> 00:38:55,372
a lot of corporate type people who in the sort of 2017, 2018 era,

388
00:38:55,672 --> 00:38:58,272
they were really excited about blockchains.

389
00:38:58,372 --> 00:39:01,032
And that's a lot of where that crypto scamming came from

390
00:39:01,032 --> 00:39:09,352
because the idea was, oh, you just add a blockchain to X, Y, or Z, and you're getting all of this

391
00:39:09,352 --> 00:39:15,572
benefit of decentralization. And that's a scam. I mean, you know, basically a blockchain by itself

392
00:39:15,572 --> 00:39:22,132
doesn't assure anything. And it certainly doesn't give you decentralization. And it doesn't even

393
00:39:22,132 --> 00:39:29,212
give you immutability. You know, if you really start diving in and learning how Bitcoin works,

394
00:39:29,212 --> 00:39:45,925
It only immutable because that blockchain is combined with proof of work And there this sort of synergy of these different architectural elements and the way that the game theory works

395
00:39:46,185 --> 00:39:47,845
That's how you end up getting

396
00:39:47,845 --> 00:39:50,084
a decentralized system that works.

397
00:39:50,484 --> 00:39:52,365
So it's really not about a blockchain.

398
00:39:52,584 --> 00:39:53,704
So for a lot of those reasons,

399
00:39:53,704 --> 00:39:57,544
I actually really favor the term time chain as well.

400
00:39:58,244 --> 00:40:01,544
And I feel like it kind of also,

401
00:40:02,064 --> 00:40:08,405
helps identify Bitcoin from other uses of blockchains,

402
00:40:08,604 --> 00:40:09,964
which there are many at this point.

403
00:40:13,044 --> 00:40:15,345
It's a very interesting take, and I agree with you completely.

404
00:40:15,444 --> 00:40:17,084
It's a beautiful outlook on it,

405
00:40:17,165 --> 00:40:20,744
as to not confuse it with the other cryptocurrencies in a sense.

406
00:40:21,244 --> 00:40:24,564
But beyond the tool, what is your broader story?

407
00:40:24,564 --> 00:40:26,044
I mean, more importantly,

408
00:40:26,624 --> 00:40:30,944
how has Bitcoin changed your personal views on the world?

409
00:40:32,064 --> 00:40:41,464
well uh i feel like the answer is that there's a rabbit hole of rabbit holes

410
00:40:41,464 --> 00:40:49,685
and i feel like bitcoin is the the primary rabbit hole to fall down it's almost like it's the first

411
00:40:49,685 --> 00:40:56,724
thread that you pull and once you start understanding bitcoin more and you start

412
00:40:56,724 --> 00:41:01,564
seeing this sort of disillusionment in the world

413
00:41:01,564 --> 00:41:05,504
and how there's so much deception in the world,

414
00:41:06,284 --> 00:41:12,124
there's a seemingly endless stream of additional threads to pull

415
00:41:12,124 --> 00:41:13,845
and rabbit holes to fall down.

416
00:41:13,845 --> 00:41:21,484
So for me, I've noticed that I've just continued to be skeptical

417
00:41:21,484 --> 00:41:27,104
and keep my mind open and try to apply critical thinking

418
00:41:27,104 --> 00:41:31,365
to a whole variety of additional aspects of my life.

419
00:41:31,964 --> 00:41:35,825
I would say one of the biggest and most impactful has been health.

420
00:41:37,165 --> 00:41:44,845
There's so much just bad food and bad nutrition advice

421
00:41:44,845 --> 00:41:50,644
and people who are just not doing a baseline of activity

422
00:41:50,644 --> 00:41:52,444
to keep their bodies healthy.

423
00:41:53,064 --> 00:41:57,685
And that's one I really took to heart.

424
00:41:58,264 --> 00:42:01,764
You know, I'm at the age where I've, you know,

425
00:42:01,825 --> 00:42:06,325
formed a family and kids and you get older

426
00:42:06,325 --> 00:42:10,825
and, you know, you stop taking life for granted

427
00:42:10,825 --> 00:42:13,304
in the sense that you assume you're going to,

428
00:42:13,865 --> 00:42:16,385
you know, you have forever to keep living

429
00:42:16,385 --> 00:42:19,144
and that your health will always be there for you.

430
00:42:19,144 --> 00:42:26,724
I think when you're young, and you guys tell me if I'm right about this, when you're young, there's a kind of invincible feeling to everything.

431
00:42:26,724 --> 00:42:29,885
And you kind of feel like you've got room to make mistakes.

432
00:42:30,165 --> 00:42:31,604
You got room to party.

433
00:42:31,925 --> 00:42:35,564
You got time to just goof off and you'll take it seriously later.

434
00:42:37,944 --> 00:42:45,484
So I think the health is one of the biggest things to kind of get control of sooner than later.

435
00:42:45,484 --> 00:43:05,204
The sooner that you kind of take it seriously, the better your outcomes are. And it's pretty wild, actually, especially in America. We have pretty horrible food here because the laws allow a lot of things that are actually banned in other countries.

436
00:43:05,204 --> 00:43:17,185
I get a kick out of those posts I've seen online where they'll show a certain product in America and they show the ingredients and they show the same product in the UK or Europe.

437
00:43:17,685 --> 00:43:25,104
And it's literally a fraction, the number of ingredients, because they put so much chemical garbage in the food in America.

438
00:43:26,044 --> 00:43:27,345
Anyways, it's tough.

439
00:43:27,345 --> 00:43:32,104
I try to control how much junk food my kid gets.

440
00:43:32,304 --> 00:43:39,204
But for me personally, I took an extreme opportunity to change things drastically.

441
00:43:39,345 --> 00:43:41,845
I started doing carnivore diet about two and a half years ago.

442
00:43:42,584 --> 00:43:46,004
And it totally changed my health.

443
00:43:46,244 --> 00:43:47,444
I lost a bunch of weight.

444
00:43:48,345 --> 00:43:51,784
I've gotten stronger, healthier.

445
00:43:51,784 --> 00:43:58,405
I did all these blood tests just to verify that internally it was doing as much good as it did on the outside.

446
00:43:59,185 --> 00:44:02,264
And it's a game changer.

447
00:44:02,724 --> 00:44:08,185
I just I feel like in a way, just like with Bitcoin, you can kind of feel like an outsider.

448
00:44:08,584 --> 00:44:17,504
If you understand Bitcoin and you embrace it and you realize how many people don't understand you and they look at you kind of like a weirdo or an alien.

449
00:44:17,504 --> 00:44:20,484
try doing carnivore diet

450
00:44:20,484 --> 00:44:22,385
and like you know

451
00:44:22,385 --> 00:44:24,744
hang out with the normies

452
00:44:24,744 --> 00:44:26,304
that are still eating all the normal food

453
00:44:26,304 --> 00:44:28,984
and you come across as an extremist

454
00:44:28,984 --> 00:44:29,865
with food too

455
00:44:29,865 --> 00:44:31,964
so it's one of those things

456
00:44:31,964 --> 00:44:33,325
I think that's a good example

457
00:44:33,325 --> 00:44:36,644
and there's many more areas of life like that

458
00:44:36,644 --> 00:44:38,084
where you can find the same

459
00:44:38,084 --> 00:44:40,544
deception and sort of like

460
00:44:40,544 --> 00:44:42,424
lies that have been accepted as truth

461
00:44:42,424 --> 00:44:43,984
and then you try to

462
00:44:43,984 --> 00:44:46,524
sort of course correct and you suddenly find yourself

463
00:44:46,524 --> 00:44:47,044
as a

464
00:44:47,504 --> 00:44:53,784
a bit of a extremist compared to most. I think we have a pretty similar story. I mean,

465
00:44:53,784 --> 00:44:57,905
when I got first introduced to Bitcoin, obviously that was one thing. And then we did an episode

466
00:44:57,905 --> 00:45:03,764
with Dr. Jack Cruz and then he started outlining all the things about health. And then it made me

467
00:45:03,764 --> 00:45:09,365
think if I've been lied to so much about these key fundamentals in my life, why not question

468
00:45:09,365 --> 00:45:16,084
everything? I mean, it changed my outlook on everything. Yeah. And I think especially we,

469
00:45:16,084 --> 00:45:22,984
as much like we try to as hard as we possibly can avoid as many sea doors as we can obviously

470
00:45:22,984 --> 00:45:29,744
and get as much red light natural red light and grounding i think that's uh that's as far as we've

471
00:45:29,744 --> 00:45:35,345
got so far but yeah i'd definitely love to get onto the carnival diet yeah i mean i know the

472
00:45:35,345 --> 00:45:40,644
u.s food is bad when i was there in new york there was so much like terrible ingredients you could

473
00:45:40,644 --> 00:45:45,385
read like red 40s i was like wow i've never even seen this before but obviously that's not to say

474
00:45:45,385 --> 00:45:51,104
we've got it good yeah like we don't have it we don't have that level yet obviously one day but

475
00:45:51,104 --> 00:45:58,325
it begs the question would they let that yeah be introduced or yeah is there a wider narrative

476
00:45:58,325 --> 00:46:04,205
that they're trying to push in terms of health standards do you guys think that young people

477
00:46:04,205 --> 00:46:11,144
uh have a disadvantage because maybe you're you're put in a situation where you're asked

478
00:46:11,144 --> 00:46:14,124
to trust your parents' generation's choices.

479
00:46:15,004 --> 00:46:18,165
You know, you're looking at all the food that's out there

480
00:46:18,165 --> 00:46:20,665
and that's what's already been sort of approved

481
00:46:20,665 --> 00:46:22,984
and sanctioned by the older generations.

482
00:46:23,845 --> 00:46:24,304
What do you think?

483
00:46:24,304 --> 00:46:28,304
Yeah, I think it kind of depends on the person

484
00:46:28,304 --> 00:46:31,464
because I think, I mean, obviously,

485
00:46:31,564 --> 00:46:35,345
I think there is a large majority of people our age

486
00:46:35,345 --> 00:46:37,804
who are at a disadvantage because of that.

487
00:46:37,804 --> 00:46:47,744
But I think, you know, I know that Finn and Kalen's parents, I mean, they weren't part of this Bitcoin world and part of the whole decentralized everything.

488
00:46:48,464 --> 00:46:55,685
But they've explained to their own parents, you know, the health side of things and they've done it themselves.

489
00:46:55,984 --> 00:47:01,044
So they're kind of, that's, you know, you can help convince your parents.

490
00:47:01,044 --> 00:47:07,345
Yeah, I mean, once we get more involved in this space, I think my parents especially will take it more seriously.

491
00:47:07,345 --> 00:47:12,424
i've finally convinced them that it is a real thing so that's a step in the right direction but

492
00:47:12,424 --> 00:47:16,524
you know tying back to what you said regarding cedars literally last night i was cooking a steak

493
00:47:16,524 --> 00:47:20,385
i was like mum this butter has cedar she turns me she was like it's the most expensive one it's

494
00:47:20,385 --> 00:47:24,885
good for you i was like okay so we've got a little bit of building on that element but i mean it's

495
00:47:24,885 --> 00:47:30,924
progress it's progress i can't blame them for having skepticism as i'm sure we did initially

496
00:47:30,924 --> 00:47:36,604
and a lot of our gen z audience but again as tc was saying once you sort of thread that first

497
00:47:36,604 --> 00:47:43,264
needle and conduct your own research you sort of come to your own conclusions so to speak i think

498
00:47:43,264 --> 00:47:48,365
it comes down to the proof of work factor i mean anyone can research this stuff anyone if you just

499
00:47:48,365 --> 00:47:55,524
have that drive to research you you'll find the answers yeah definitely and i also think that i

500
00:47:55,524 --> 00:48:03,524
mean i've personally seen a lot of actually a lot more than i would think of people my age rather

501
00:48:03,524 --> 00:48:11,944
than older generations even consuming healthy products such as like raw milk and stuff like

502
00:48:11,944 --> 00:48:18,784
that yeah which obviously is found a lot in older generations but it is surprising to me to see that

503
00:48:18,784 --> 00:48:27,845
even people that don't know about bitcoin are still learning and knowing about decentralized health

504
00:48:27,845 --> 00:48:36,644
yeah i mean what's wild to me is that i think there's a connection between just the poor quality

505
00:48:36,644 --> 00:48:46,064
of food that's everywhere and also people like losing a knowledge of how to cook and you know i

506
00:48:46,064 --> 00:48:51,044
this is what what is really exciting when you actually go down this rabbit hole and you start

507
00:48:51,044 --> 00:48:58,964
doing this. You know, I cook all my own meals. You know, I don't buy packaged food that's

508
00:48:58,964 --> 00:49:07,004
processed and made in a factory, you know. I'm buying whole natural ingredients and I'm

509
00:49:07,004 --> 00:49:15,024
cooking them all myself. And to me, it's really weird that that's considered extreme in any way.

510
00:49:15,604 --> 00:49:20,424
Like, that's what I think our grandparents' generation did without even thinking twice

511
00:49:20,424 --> 00:49:28,685
about it. And somehow in just a couple generations, everyone's expecting everything to be fast food,

512
00:49:28,924 --> 00:49:34,484
convenient, should be delivered to your doorstep. You shouldn't have to set foot in the kitchen and

513
00:49:34,484 --> 00:49:42,644
do anything. It's insane. And there's a lot of wisdom in sort of the old ways. The other thing

514
00:49:42,644 --> 00:49:48,224
that trips me out is that most of the food I'm eating now is the food that's villainized by all

515
00:49:48,224 --> 00:49:54,385
the mainstream nutrition and doctors don't have too much red meat, don't have too much

516
00:49:54,385 --> 00:49:56,064
butter, don't have too many eggs.

517
00:49:56,264 --> 00:49:58,144
And I'm going, hey, that's all I eat.

518
00:49:58,224 --> 00:50:00,284
Like, that's all the good stuff.

519
00:50:01,084 --> 00:50:07,185
You know, and it's pretty wild if you actually do these things and then you discover, wow,

520
00:50:07,185 --> 00:50:12,764
I have actually improved my health by just eating these things they're telling me not

521
00:50:12,764 --> 00:50:15,365
to eat and eliminating everything else.

522
00:50:15,944 --> 00:50:22,124
So I think there's a real exciting kind of way to improve your life

523
00:50:22,124 --> 00:50:23,825
if you are willing to explore that.

524
00:50:23,825 --> 00:50:24,604
Question for you guys.

525
00:50:24,744 --> 00:50:28,024
Do you know of Max DeMarco?

526
00:50:28,144 --> 00:50:29,865
He has a YouTube channel.

527
00:50:30,124 --> 00:50:32,044
He used to do some of these videos.

528
00:50:32,464 --> 00:50:33,424
He's worth checking out.

529
00:50:33,504 --> 00:50:39,784
I actually did a carnivore diet after watching his episode on carnivore diet.

530
00:50:39,905 --> 00:50:43,964
So if you find his YouTube channel, look up the carnivore episode.

531
00:50:43,964 --> 00:50:51,004
him and like four other people set out to do 30 days of strict carnivore diet and watching how

532
00:50:51,004 --> 00:50:57,444
that went for them and watching the outcomes um that inspired me to try it myself when i started

533
00:50:57,444 --> 00:51:02,604
this i didn't plan to do it for two years i was just okay let me see if i can do this 30 days

534
00:51:02,604 --> 00:51:09,705
and here i am two and a half years later still you know not totally strict but my whole diet

535
00:51:09,705 --> 00:51:10,724
has changed from it.

536
00:51:10,984 --> 00:51:12,325
So worth checking out.

537
00:51:13,325 --> 00:51:15,385
Yeah, our viewers should definitely check that out.

538
00:51:15,484 --> 00:51:16,924
I mean, that's what we encourage really.

539
00:51:17,104 --> 00:51:18,644
Like don't take our word for granted,

540
00:51:18,804 --> 00:51:22,104
do your own research and let you discover the answer.

541
00:51:22,885 --> 00:51:25,524
Anyway, keeping on this idea of your broader worldview,

542
00:51:25,764 --> 00:51:28,504
I mean, AI, it's present in all of our lives,

543
00:51:28,564 --> 00:51:29,804
especially in our generation.

544
00:51:29,804 --> 00:51:32,224
In your opinion, is it a threat at all

545
00:51:32,224 --> 00:51:33,345
or is there a balance?

546
00:51:35,504 --> 00:51:37,104
Yes, it's all of those things.

547
00:51:37,104 --> 00:51:41,744
I use AI every single day in my work.

548
00:51:42,385 --> 00:51:45,104
I think it's a powerful, powerful tool.

549
00:51:45,825 --> 00:51:53,224
Especially if you do anything with software or anything with digital arts of any kind, it can be a transformative tool.

550
00:51:53,385 --> 00:51:54,444
It's incredibly powerful.

551
00:51:55,284 --> 00:52:06,284
It can also enable people to do things that otherwise they would have been discouraged from doing or they would have had to go on long educational paths in years past.

552
00:52:06,284 --> 00:52:15,705
now it's almost like you can combine your educational path with actually you know building

553
00:52:15,705 --> 00:52:21,624
and doing what you're trying to do so it's like you learn on the job kind of thing so for that

554
00:52:21,624 --> 00:52:29,365
it's incredibly powerful I think we're already seeing the landscape change because of this

555
00:52:29,365 --> 00:52:36,804
technology. I think the job market for so many occupations is already impacted by this.

556
00:52:38,205 --> 00:52:45,705
I went through my own experience of it actually a couple years ago already. I feel like I was

557
00:52:45,705 --> 00:52:53,885
seeing these changes because I live in California. I'm close to this sort of Silicon Valley scene.

558
00:52:53,885 --> 00:53:12,744
And, you know, it's funny to look at a place like that and realize for so long people moved from all over the world to that geographic area because that's where this technology was really thriving and there were all these opportunities.

559
00:53:12,744 --> 00:53:19,804
and then it's like because um you know during covid actually during lockdowns and covid

560
00:53:19,804 --> 00:53:26,924
everybody learned you don't need a central location everyone can do this work remote

561
00:53:26,924 --> 00:53:31,665
look at us having a podcast right now on other sides of the planet it's like we don't have to

562
00:53:31,665 --> 00:53:38,424
be co-located to be able to collaborate and then here comes the ai technology and suddenly now

563
00:53:38,424 --> 00:53:49,144
everyone who uses it becomes 5x or 10x more productive. So I actually experienced my whole

564
00:53:49,144 --> 00:53:55,685
job scene get turned on its head just in the last couple years because, you know, you don't need to

565
00:53:55,685 --> 00:54:02,885
be living in a specific area. And now because I live close to that area that I live in, I'm actually

566
00:54:02,885 --> 00:54:08,865
at a disadvantage because my cost of living is higher. So I would need a higher salary. And it's

567
00:54:08,865 --> 00:54:13,365
just too easy to go almost anywhere else in the world and find someone who could do what I do,

568
00:54:13,464 --> 00:54:18,665
but take a lower pay. And then AI comes along and says, well, you don't need as big of a team.

569
00:54:18,665 --> 00:54:28,885
You just need fewer workers that are all max skills with AI. This is a game changer. So

570
00:54:28,885 --> 00:54:36,405
I think there's really amazing productivity capable there, and there's huge potential for

571
00:54:36,405 --> 00:54:42,804
people who adopt AI. And at the same time, the existing industries that have made the world go

572
00:54:42,804 --> 00:54:49,564
for the last 20, 30 years are all going through very drastic transformation right now. As this

573
00:54:49,564 --> 00:54:57,044
technology comes in, it offers all these benefits, and at the same time, it destroys a lot of jobs.

574
00:54:57,044 --> 00:55:01,685
So I think it's an incredible time.

575
00:55:01,825 --> 00:55:03,024
It's a fascinating time.

576
00:55:03,205 --> 00:55:10,165
But we're going to watch some ups and downs emerge from the same forces.

577
00:55:10,685 --> 00:55:17,304
So the same thing that makes a bunch of seeming progress occur can also be destructive at the same time.

578
00:55:18,325 --> 00:55:24,144
Do you think there's a boundary where the younger generations become too dependent on AI?

579
00:55:24,144 --> 00:55:37,444
Yeah, I mean, it's something I'm concerned about as far as that sort of instinct to just reach for AI to find the answers.

580
00:55:37,444 --> 00:55:56,224
You know, it's funny because I remember the internet from the last couple decades and the impact that search engines had where, you know, you could just type a couple words in or ask a question and suddenly you're looking at a list of all these relevant websites and you can, you know, find your information.

581
00:55:56,224 --> 00:56:09,604
And it's almost like that whole process has now been streamlined into this chat API, you know, the AI technology where you just ask it any question and you're given what looks like a right answer.

582
00:56:11,084 --> 00:56:14,784
And tons of people are leaning on that already.

583
00:56:15,004 --> 00:56:17,205
I mean, I'm using it every day in my work.

584
00:56:17,205 --> 00:56:32,264
And I think there's absolutely a shift happening culturally where if you fast forward five or 10 years, certainly 20 years, like what are people going to be able to do with their own brain?

585
00:56:32,885 --> 00:56:37,024
What are they going to be able to do with their own skills without this?

586
00:56:37,024 --> 00:56:51,404
So I think it does emerge as a bit of a crutch. And I think for the average person, they're having maybe some of their critical thinking dulled in the process of using this every day.

587
00:56:51,404 --> 00:56:59,584
yeah definitely i mean as much as it is scary i think i'm personally very excited to see the future

588
00:56:59,584 --> 00:57:06,964
of ai and what it's going to be able to do in the future so well going back on to the time chain

589
00:57:06,964 --> 00:57:15,444
calendar now the hash rate is insane now it's over one zeta hashes per second can you put that

590
00:57:15,444 --> 00:57:19,264
into perspective for our viewers and the gen z audience

591
00:57:21,404 --> 00:57:28,424
uh that's a great question i i wish i i had at my fingertips that a number of numbers or the number

592
00:57:28,424 --> 00:57:36,544
of zeros that that is i would have to ask my ai um the uh no it's it's it's really amazing i i call

593
00:57:36,544 --> 00:57:46,524
bitcoin mining the most furious competition on planet earth and it really is um what what is

594
00:57:46,524 --> 00:57:53,484
crazy to think about even as a total beginner to Bitcoin is just imagine that right now and

595
00:57:53,484 --> 00:57:59,165
Time Chain Calendar will show you this you know we're looking at block 939635 and it's been over

596
00:57:59,165 --> 00:58:06,444
30 minutes since the previous block that means for the last 30 minutes every single Bitcoin miner

597
00:58:06,444 --> 00:58:13,845
on planet earth every single mining machine has been just as fast as it can throwing trillions of

598
00:58:13,845 --> 00:58:21,784
hashes per second at this challenge and it's literally one single hash is going to win the

599
00:58:21,784 --> 00:58:29,884
next block um you know here's a here's a metaphor that i like not everybody likes it but imagine

600
00:58:29,884 --> 00:58:35,804
you're standing in front of a dartboard they like darts in the uk right you guys uh yeah a lot of

601
00:58:35,804 --> 00:58:39,984
people like to play darts at the pub right so uh so say you're standing in front of a dartboard

602
00:58:39,984 --> 00:58:42,524
and you're throwing darts at the dartboard.

603
00:58:42,825 --> 00:58:44,944
I'm going to blindfold you for this too.

604
00:58:45,044 --> 00:58:47,044
So you just kind of are facing the right direction,

605
00:58:47,144 --> 00:58:48,624
but you can't exactly see the dartboard.

606
00:58:49,524 --> 00:58:53,384
And now the dartboard magically is like moving on the wall.

607
00:58:53,665 --> 00:58:55,444
So there you are blindfolded

608
00:58:55,444 --> 00:58:57,384
and you're throwing darts as fast as you can.

609
00:58:57,464 --> 00:58:59,444
Let's just pretend you got magical hands

610
00:58:59,444 --> 00:59:01,685
and there's just always a dart ready to go next.

611
00:59:01,784 --> 00:59:03,584
You don't have to actually reach and pick something up.

612
00:59:04,064 --> 00:59:06,464
So you're just, there you are like a machine gun,

613
00:59:06,464 --> 00:59:09,564
just throwing darts from your hand.

614
00:59:09,984 --> 00:59:11,624
in the general direction of the wall.

615
00:59:12,284 --> 00:59:14,725
And it's only when you hit the bullseye on the,

616
00:59:14,725 --> 00:59:16,745
on the dartboard that you've hit a block.

617
00:59:17,424 --> 00:59:17,784
Um,

618
00:59:18,245 --> 00:59:20,024
well now I'm going to,

619
00:59:20,165 --> 00:59:20,584
um,

620
00:59:21,345 --> 00:59:33,737
I going to look how frequently you hit that bullseye And after 2016 times that you hit the bullseye we going to measure how much time on average it took for each one

621
00:59:34,697 --> 00:59:37,537
So 2016 blocks is supposed to be roughly two weeks,

622
00:59:37,677 --> 00:59:40,177
but it took you three weeks to do that.

623
00:59:40,697 --> 00:59:42,697
Well, we're going to have to make it easier.

624
00:59:43,077 --> 00:59:44,237
It's taking too long.

625
00:59:44,537 --> 00:59:48,277
So we'll make the bullseye on the target bigger, right?

626
00:59:48,277 --> 00:59:53,617
or say instead of two weeks, it only took you one week to hit 2016 bullseye.

627
00:59:54,037 --> 00:59:55,677
Okay, we got to make the bullseye smaller.

628
00:59:56,017 --> 00:59:57,177
That's the difficulty adjustment.

629
00:59:58,417 --> 01:00:03,937
Now imagine it's not just you with the machine gun darts throwing at the wall.

630
01:00:04,257 --> 01:00:07,317
It's you and a million other people all doing it.

631
01:00:08,417 --> 01:00:13,177
And, you know, this is basically kind of we're building a mental model

632
01:00:13,177 --> 01:00:15,677
for what's happening with Bitcoin mining,

633
01:00:15,677 --> 01:00:19,897
is that each dart thrower is one of these specialized machines.

634
01:00:20,017 --> 01:00:21,037
We call them ASICs.

635
01:00:21,217 --> 01:00:21,837
That's an acronym.

636
01:00:21,997 --> 01:00:25,657
It stands for Application Specific Integrated Circuit.

637
01:00:25,857 --> 01:00:28,677
And all that means is that the chips on those computers,

638
01:00:29,117 --> 01:00:32,897
all they do is this specific application.

639
01:00:32,897 --> 01:00:37,037
They just run SHA-256 and they hash

640
01:00:37,037 --> 01:00:42,457
and they're trying to find the nonce that's below the target.

641
01:00:43,297 --> 01:00:45,357
And essentially they're doing that as fast as they can.

642
01:00:45,357 --> 01:00:49,117
and because of their computers, they can do this trillions of times a second.

643
01:00:49,357 --> 01:00:53,117
And then you've got just absolutely millions of those machines.

644
01:00:53,877 --> 01:01:01,537
And so you're talking about, you know, a number that's so huge that that Zeta hash is just, I mean, so many zeros.

645
01:01:01,917 --> 01:01:06,277
It's so huge, the number of hashes per second.

646
01:01:06,277 --> 01:01:11,217
And that's basically how many darts in our little metaphor that I tried to create for you there.

647
01:01:11,517 --> 01:01:12,677
How many darts per second?

648
01:01:12,677 --> 01:01:17,517
and then you know it's only when you hit the bullseye when somebody somewhere in the world

649
01:01:17,517 --> 01:01:23,077
hits that bullseye then we have a new block and that's happening here's another thing about time

650
01:01:23,077 --> 01:01:27,977
chain calendar look at the interface and look at that little circle that's on the inside of the

651
01:01:27,977 --> 01:01:34,517
red circle and it's got all those little tiny squares and they're sort of spread out along

652
01:01:34,517 --> 01:01:36,657
the circle that they're on.

653
01:01:36,857 --> 01:01:39,797
That's representing the last 24 hours of blocks.

654
01:01:40,777 --> 01:01:43,837
And is it every 10 minutes we hit a block?

655
01:01:44,837 --> 01:01:47,217
No, it's totally random.

656
01:01:47,657 --> 01:01:50,857
Look at all the big gaps and clumps of blocks.

657
01:01:51,057 --> 01:01:53,457
You have this process that's truly random.

658
01:01:53,557 --> 01:01:55,857
That's why I like the dart throwing metaphor,

659
01:01:55,857 --> 01:01:59,217
because literally the very first dart that you throw

660
01:01:59,217 --> 01:02:00,197
could hit the bullseye.

661
01:02:00,557 --> 01:02:02,277
And also you could stand there

662
01:02:02,277 --> 01:02:03,997
with your million dart throwing buddies

663
01:02:03,997 --> 01:02:07,477
and not hit a bullseye for two hours.

664
01:02:07,597 --> 01:02:08,477
That can happen too.

665
01:02:09,217 --> 01:02:11,477
And so it's this totally random process

666
01:02:11,477 --> 01:02:15,157
that right now all these machines around the globe

667
01:02:15,157 --> 01:02:18,437
are competing furiously to try to like hit that bullseye

668
01:02:18,437 --> 01:02:19,317
and win the next block.

669
01:02:19,717 --> 01:02:23,537
And that is at the heartbeat of Bitcoin.

670
01:02:23,757 --> 01:02:28,557
And it's only as we average it out over a two-week cycle

671
01:02:28,557 --> 01:02:30,577
that you get something resembling

672
01:02:30,577 --> 01:02:33,617
close to a 10-minute average block time.

673
01:02:33,997 --> 01:02:46,997
And I think it's one of the best things for people to pay attention to, even as a new person, is just pay attention to how that average block time fluctuates over the course of these difficulty cycles.

674
01:02:47,137 --> 01:02:49,057
The red circle is roughly two weeks.

675
01:02:49,237 --> 01:02:53,537
And so at the beginning of that cycle, it's pretty volatile.

676
01:02:53,717 --> 01:03:01,877
And then as we approach the end of that cycle, that average block time is directly going to translate into the next difficulty adjustment.

677
01:03:01,877 --> 01:03:16,497
And if you just pay attention to this, you're talking about understanding Bitcoin better than 99% of Bitcoiners, because a lot of people don't really bother to sort of look and understand what's really happening here.

678
01:03:16,497 --> 01:03:23,677
I mean, simply knowing that 10 minute blocks is a meme and it's not 10 minute blocks, it's completely random.

679
01:03:24,017 --> 01:03:34,177
That's an advanced concept that you could learn right away just by looking at this and seeing all those little squares on that circle are not evenly spread out.

680
01:03:34,537 --> 01:03:36,757
They're totally randomly placed.

681
01:03:37,477 --> 01:03:43,997
You know, you're going to see stuff like that all throughout Bitcoin's design where there's randomness.

682
01:03:43,997 --> 01:03:45,497
We call it entropy.

683
01:03:45,497 --> 01:03:55,017
there's there's just a total randomness that's within a predictable process so i just i love

684
01:03:55,017 --> 01:04:00,117
those kind of things i i find it uh fascinating and it's also something that's really cool to

685
01:04:00,117 --> 01:04:07,317
look at because if you're a visual learner like me and you see it it actually helps you

686
01:04:07,317 --> 01:04:13,557
think about it a little bit more yeah i mean visually speaking on the topic for those who

687
01:04:13,557 --> 01:04:22,577
didn't know a hoe one zeta hash is one followed by unironically 21 zeros so yeah i should know that

688
01:04:22,577 --> 01:04:29,257
but for those who weren't aware and that's sort of the and the coincidence as well

689
01:04:29,257 --> 01:04:37,397
coincidence but yeah it's just it's awesome that's a huge number but i have to ask you

690
01:04:37,397 --> 01:04:42,577
and i can never pronounce this properly but what are your views on hyper bitcoinization

691
01:04:42,577 --> 01:04:54,317
um well it's changed it's changed over the years you know a cycle ago you know four years ago five

692
01:04:54,317 --> 01:05:00,997
years ago that was a very popular word and a lot of people talked about hyper bitcoinization the

693
01:05:00,997 --> 01:05:08,277
idea is that bitcoin is going to change human behavior it's going to change the world the whole

694
01:05:08,277 --> 01:05:16,837
world will eventually sort of be forced to adopt Bitcoin as this sound money system just outperforms

695
01:05:16,837 --> 01:05:24,037
the fiat money system on every level. So I got really excited about that idea. And, you know,

696
01:05:24,037 --> 01:05:33,437
I do believe something like that occurs. I just I think now I've modified my time frame around it

697
01:05:33,437 --> 01:05:40,077
such that I'm not waiting for hyper-Bitcoinization to happen tomorrow or next year.

698
01:05:40,517 --> 01:05:45,277
And I'm perfectly at peace with the idea that something like that

699
01:05:45,277 --> 01:05:47,197
maybe doesn't even happen during my lifetime.

700
01:05:47,937 --> 01:05:55,677
That maybe things are so out of whack and there's so much deception and lies around

701
01:05:55,677 --> 01:06:00,237
that maybe it takes, you know, generations for these things to shift.

702
01:06:00,237 --> 01:06:06,197
you know i'm looking at your guys generation and you guys have to recognize wait what is this with

703
01:06:06,197 --> 01:06:12,437
the poison in the food what is this with the the money that steals from us you know like there has

704
01:06:12,437 --> 01:06:19,177
to be like this coming back to common sense and a lot of times in history that takes generations

705
01:06:19,177 --> 01:06:25,997
to occur so i think my opinion on hyper bitcoinization is it's possible it's just something

706
01:06:25,997 --> 01:06:29,857
that really does take much, much longer.

707
01:06:30,237 --> 01:06:32,377
And I feel like in the meantime,

708
01:06:32,857 --> 01:06:35,637
people are going to be kind of surprised

709
01:06:35,637 --> 01:06:37,077
by some of the twists and turns.

710
01:06:37,217 --> 01:06:38,577
Look at this latest cycle.

711
01:06:38,937 --> 01:06:42,197
We've had all these Wall Street organizations

712
01:06:42,197 --> 01:06:47,657
and sort of the sharks and the vampires of the world

713
01:06:47,657 --> 01:06:49,137
come around to Bitcoin.

714
01:06:49,337 --> 01:06:50,897
And there's a lot of people that have felt

715
01:06:50,897 --> 01:06:52,717
really kind of disappointed by that.

716
01:06:52,817 --> 01:06:54,777
They're like, wait, this is not the point of Bitcoin.

717
01:06:54,777 --> 01:07:17,257
We're supposed to be getting away from banks and now the banks are all getting into custodying Bitcoin. So there's stuff like that that challenges your ideology if you really are looking at Bitcoin as a revolution or you're looking at Bitcoin as an antidote to this system out there.

718
01:07:17,257 --> 01:07:24,317
I think there's just going to be a period of time where people have to have a more mature point of view.

719
01:07:24,517 --> 01:07:30,477
You have to recognize all sorts of folks that you don't like are going to use Bitcoin too.

720
01:07:30,937 --> 01:07:35,837
The vampires and the clowns, they're going to use Bitcoin too.

721
01:07:36,777 --> 01:07:44,577
And so you, Mr. Bitcoiner individual, you have to find what Bitcoin does for you.

722
01:07:44,577 --> 01:07:52,797
you have to learn how to use it to benefit your life just like you can't make everyone else go on

723
01:07:52,797 --> 01:07:57,717
carnivore diet you have to determine whether that is going to do something positive for you and if

724
01:07:57,717 --> 01:08:05,677
whether you think that's worthwhile pursuing so bitcoin is a really powerful tool you have to

725
01:08:05,677 --> 01:08:12,057
figure out how you want to use it and you can't get too bothered by how other people use it or

726
01:08:12,057 --> 01:08:14,297
by how other people choose to ignore it.

727
01:08:14,757 --> 01:08:16,477
It's a paradox in a way.

728
01:08:16,637 --> 01:08:19,396
You know, you guys want to orange pill more.

729
01:08:19,497 --> 01:08:21,417
You got this orange pill order podcast.

730
01:08:21,697 --> 01:08:22,597
You want to orange pill.

731
01:08:23,417 --> 01:08:26,757
Well, I want to talk to you guys in four or five years

732
01:08:26,757 --> 01:08:31,356
and see how you feel about orange pilling

733
01:08:31,356 --> 01:08:33,157
because I think it's a very common thing

734
01:08:33,157 --> 01:08:36,737
to come to the point where you kind of ease up

735
01:08:36,737 --> 01:08:37,517
on the orange pilling

736
01:08:37,517 --> 01:08:41,257
because you realize a lot of people

737
01:08:41,257 --> 01:08:48,617
aren't receptive and they're not actually taking the wonderful advice that you're giving. So

738
01:08:48,617 --> 01:08:54,597
it's challenging. I think all of that touches on the hyper-Bitcoinization idea. It's like

739
01:08:54,597 --> 01:09:00,936
everyone's not going to see the light at the same time. So maybe adjust your timeframes and your

740
01:09:00,936 --> 01:09:09,497
expectations and realize people are flawed and very distracted. And for the most part, they're

741
01:09:09,497 --> 01:09:18,297
kind of afraid these days and that makes it tricky for this revolution to occur overnight

742
01:09:18,297 --> 01:09:24,177
it's going to take some time i mean that's our main mission really we just want to orange pill

743
01:09:24,177 --> 01:09:30,417
as many people as possible until that day comes but i mean as per our prep we ask all our guests

744
01:09:30,417 --> 01:09:36,436
are you able to reveal a little known or completely unknown fact about yourself

745
01:09:36,436 --> 01:09:39,737
or time chain calendar, something that listeners won't easily find.

746
01:09:42,337 --> 01:09:42,856
Wow.

747
01:09:42,856 --> 01:09:43,237
Take your time.

748
01:09:43,856 --> 01:09:44,436
Take your time.

749
01:09:44,477 --> 01:09:45,237
It's an exclusive.

750
01:09:45,356 --> 01:09:46,077
It's an exclusive.

751
01:09:46,517 --> 01:09:47,237
No pressure.

752
01:09:48,297 --> 01:09:54,917
Well, I mean, there's a whole gallery of art on time chain calendar.

753
01:09:55,356 --> 01:10:02,396
I actually have plans to work on kind of doing more justice

754
01:10:02,396 --> 01:10:03,757
to the art that's on there.

755
01:10:03,757 --> 01:10:05,577
Right now, it's a little bit secret.

756
01:10:05,577 --> 01:10:06,816
It's a little bit hidden.

757
01:10:07,037 --> 01:10:12,797
If you don't click that gallery button, you might not see very much art.

758
01:10:13,177 --> 01:10:15,457
I know you guys are fans of Bitcoin art.

759
01:10:17,337 --> 01:10:27,577
To me, it all comes back to this idea of memes as such powerful ways to communicate otherwise complicated ideas.

760
01:10:28,436 --> 01:10:31,617
And a lot of things in Bitcoin we learn as memes.

761
01:10:31,617 --> 01:10:34,457
I was talking before about 10-minute blocks.

762
01:10:34,657 --> 01:10:35,197
That's a meme.

763
01:10:35,577 --> 01:10:56,177
21 million supply of Bitcoin. There's another meme. Like these are simple ideas that are powerful. And then as you learn more about Bitcoin, you have to kind of update those concepts a little bit and they start to sometimes change. And sometimes you have to like actually throw the meme out completely, you know, because you have to like totally update the concept.

764
01:10:56,177 --> 01:11:09,377
So I love Bitcoin art because to me, it's sort of the higher version of playing with that way of utilizing ideas and concepts and bringing them to people's consciousness.

765
01:11:09,377 --> 01:11:17,037
so I actually started putting pieces of art on different blocks in the interface using that

766
01:11:17,037 --> 01:11:22,977
little slider at the bottom you can change the block you can also type in a block height and

767
01:11:22,977 --> 01:11:30,117
hit enter and and you jump right to that block well I've got something like 400 plus pieces of art

768
01:11:30,117 --> 01:11:35,077
on various blocks throughout the entire interface.

769
01:11:36,037 --> 01:11:38,277
So if you want to have fun,

770
01:11:38,837 --> 01:11:40,917
try hunting for some of those things.

771
01:11:41,477 --> 01:11:46,757
I'll give you an easy one to find,

772
01:11:46,837 --> 01:11:48,517
which is the last halving.

773
01:11:48,517 --> 01:11:50,497
If we go to 840-000,

774
01:11:51,217 --> 01:11:56,517
you will find there's beautiful art

775
01:11:56,517 --> 01:11:58,277
by Bitko Janowski.

776
01:11:58,277 --> 01:12:01,557
and he's got the Bitcoin B and it's getting slashed in half.

777
01:12:03,597 --> 01:12:08,797
So I would say that's kind of a really fun thing to explore and fall down.

778
01:12:08,877 --> 01:12:11,657
And then, of course, if you just want to easily find those things,

779
01:12:11,657 --> 01:12:15,777
you just click on the gallery button and you'd open it up

780
01:12:15,777 --> 01:12:17,457
and you'd be able to see that stuff.

781
01:12:18,396 --> 01:12:23,337
So I think that that's really an interesting thing for somebody to explore further

782
01:12:23,337 --> 01:12:27,137
if they're not super familiar with the website

783
01:12:27,137 --> 01:12:32,177
and you'll actually come to learn Time Chain Calendar even better

784
01:12:32,177 --> 01:12:35,297
through the placement of those art pieces.

785
01:12:35,936 --> 01:12:36,436
Check it out.

786
01:12:37,297 --> 01:12:37,957
Yeah, definitely.

787
01:12:38,217 --> 01:12:40,777
It's like, yeah, just some Easter eggs on the app.

788
01:12:41,896 --> 01:12:45,356
And I think it's very, I think Bitcoin art is very important

789
01:12:45,356 --> 01:12:48,197
because it has that visual representation

790
01:12:48,197 --> 01:12:52,297
that makes it easier for maybe people that are new

791
01:12:52,297 --> 01:12:55,077
or even people that are already part of the Bitcoin space

792
01:12:55,077 --> 01:12:56,097
and know about it.

793
01:12:56,097 --> 01:13:03,617
it's easy to represent and understand and obviously very pleasing to the eye and

794
01:13:03,617 --> 01:13:08,337
maybe you should you could get some of this art up on there

795
01:13:08,337 --> 01:13:18,577
oh oh sorry i was muted i was saying you know the artist maybe you can hook me up

796
01:13:18,577 --> 01:13:23,637
yeah house of ralphus house of ralphus epic

797
01:13:23,637 --> 01:13:30,517
yeah um we were speaking to an artist the other day actually as no one yeah we're speaking at

798
01:13:30,517 --> 01:13:34,177
bitcoin island if you weren't aware so we're actually talking to him about potentially getting

799
01:13:34,177 --> 01:13:40,257
some of his amazing art pieces potentially a brand new one yeah as sort of a print for our

800
01:13:40,257 --> 01:13:46,316
merchandise yeah excellent yeah no actually i i know asano very well and i actually have

801
01:13:46,316 --> 01:13:51,777
a little bit of his art in the mobile app if you notice the little splat the splash screen

802
01:13:51,777 --> 01:13:59,117
when the mobile app first launches has a circle uh it's a the flower of life circle pattern that

803
01:13:59,117 --> 01:14:04,617
asanoa did and that's like in the background when the uh when the app first loads i love his stuff

804
01:14:04,617 --> 01:14:11,557
um i've got him featured in the gallery too and um it's just you know there there's i think i think

805
01:14:11,557 --> 01:14:18,597
bitcoin art is also another reminder that there's so many ways to interact with bitcoin and there you

806
01:14:18,597 --> 01:14:26,017
You don't, you know, I think there's some people that get the impression you need to be some kind of software engineer or coder person to really get into it.

807
01:14:26,017 --> 01:14:40,417
You can come from any walk of life and you can find really valuable insights and ideals that apply to almost any type of life, any type of career, any type of work.

808
01:14:40,856 --> 01:14:42,477
Proof of work is universal.

809
01:14:43,657 --> 01:14:47,396
You know, the verifiable truth is universal.

810
01:14:47,396 --> 01:14:52,277
A lot of these concepts really do apply everywhere.

811
01:14:52,517 --> 01:14:54,017
And I think that's the beautiful thing.

812
01:14:54,277 --> 01:15:07,477
I think anyone, no matter what walk of life you come from, if you start understanding Bitcoin, you're going to find value there that you can then apply to your life and improve yourself and those around you.

813
01:15:07,477 --> 01:15:15,517
and certainly it'll help you store your value and sort of like impact your life in a in a way

814
01:15:15,517 --> 01:15:22,356
where you hopefully have more options in the future in a world that's pretty messed up and

815
01:15:22,356 --> 01:15:30,517
crazy right now yeah no i agree the world is in sort of a difficult position but finally

816
01:15:30,517 --> 01:15:37,436
on topic actually do you have any advice at all for our audience gen z entering this space

817
01:15:37,436 --> 01:15:50,277
yeah i i would say tackle the knowledge curve the learning curve as fast as possible i think

818
01:15:50,277 --> 01:15:57,077
there's a lot of new concepts and understanding and knowledge and a lot of people avoid those

819
01:15:57,077 --> 01:16:03,316
things and you know really the best outcome is going to come when you tackle things like

820
01:16:03,316 --> 01:16:09,517
self-custody and running a node and do those things sooner than later. Don't avoid them.

821
01:16:10,277 --> 01:16:18,477
Think of driving a car. The first time you do it or when you're first learning to drive,

822
01:16:18,477 --> 01:16:26,557
it's pretty intimidating. But most of us, I think, you have a lot of incentive to just

823
01:16:26,557 --> 01:16:31,677
conquer that learning curve and get to the point where you're proficient and you can just

824
01:16:31,677 --> 01:16:37,557
jump in the car and get around. That's how you want to look at Bitcoin. You want to jump in,

825
01:16:38,077 --> 01:16:45,417
figure out how do these private keys work? How do I create a real Bitcoin wallet on chain?

826
01:16:45,816 --> 01:16:52,936
How do I do a transaction? How do I understand the UTXO model, how Bitcoin moves around?

827
01:16:53,856 --> 01:17:00,097
Go through the process of setting up a node. It's so easy and people make such a big deal out of it

828
01:17:00,097 --> 01:17:04,177
and people kind of try to hype it up as too complicated,

829
01:17:05,177 --> 01:17:05,617
hogwash.

830
01:17:06,117 --> 01:17:07,557
It's easy.

831
01:17:07,936 --> 01:17:09,617
It's totally accessible.

832
01:17:09,957 --> 01:17:11,657
And I think people should just be encouraged

833
01:17:11,657 --> 01:17:13,997
to just dive right in, run a node,

834
01:17:14,917 --> 01:17:18,457
air gap your keys, stack sats.

835
01:17:19,396 --> 01:17:23,917
I mean, yeah, that was one of our main ideas of starting this.

836
01:17:24,077 --> 01:17:25,557
We saw there was a gap in the market

837
01:17:25,557 --> 01:17:26,597
for the younger generation

838
01:17:26,597 --> 01:17:29,117
and we really believe sovereignty starts with education.

839
01:17:29,117 --> 01:17:31,997
So that's why this whole thing has come together, really.

840
01:17:32,617 --> 01:17:32,637
Yeah.

841
01:17:33,816 --> 01:17:36,537
TC, this has been really enlightening.

842
01:17:36,717 --> 01:17:39,617
Where can listeners find you and the Time Chain Calendar?

843
01:17:40,936 --> 01:17:44,657
Well, I encourage you all to check out timechaincalendar.com.

844
01:17:44,997 --> 01:17:47,017
The website will always be free.

845
01:17:47,157 --> 01:17:50,237
It's also a progressive web app, so you can install the website on your phone.

846
01:17:50,396 --> 01:17:55,657
However, back in September, I launched the mobile app on iOS and Android,

847
01:17:55,936 --> 01:17:57,217
and that is free to download.

848
01:17:57,217 --> 01:18:01,457
There are some premium features if you subscribe, but the main dashboard is free.

849
01:18:02,097 --> 01:18:05,697
And I encourage people to download the app, use the website.

850
01:18:06,457 --> 01:18:14,297
And then, of course, if you want to follow the project, I have an ex-Twitter account at TimeChainCal.

851
01:18:14,537 --> 01:18:16,137
That's TimeChainCal.

852
01:18:16,657 --> 01:18:18,757
And then I'm also on Noster.

853
01:18:19,457 --> 01:18:24,237
You can find it there with the Nipo5TC at TimeChainCalendar.com.

854
01:18:24,237 --> 01:18:29,557
and those are probably the two best platforms for just keeping tabs in the project otherwise

855
01:18:29,557 --> 01:18:39,157
use the time chain calendar develop your bitcoin awareness learn and use bitcoin directly that's

856
01:18:39,157 --> 01:18:44,697
that's it that's the whole thing well you hear that everyone go and download the time chain

857
01:18:44,697 --> 01:18:49,997
calendar i mean it's free why wouldn't you definitely one of the best tools for

858
01:18:49,997 --> 01:18:53,797
just looking at Bitcoin and understanding it.

859
01:18:53,936 --> 01:18:56,396
Of course, it will be linked in the description.

860
01:18:57,417 --> 01:18:59,217
We appreciate the insight.

861
01:18:59,377 --> 01:19:02,097
Listeners, if you can take anything away from this today,

862
01:19:02,316 --> 01:19:04,557
please try and orange peel someone.

863
01:19:05,077 --> 01:19:07,157
As always, subscribe, like.

864
01:19:07,157 --> 01:19:10,997
Until next time, stay sovereign and keep hodling.