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live from

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black lab in

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austin texas

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this is

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stacker news

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live

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hello ladies

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gentlemen

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welcome back to

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the next

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episode of

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stacker news

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live

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my name is

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carven

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we have

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kiyan

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kiyan

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hi

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what was your week it's great uh i ate turkey i liked it it was good um also do you do you wash

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your sweaters with on cold because i feel like your sweat i have a black sweater and mine is

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way more muted than yours i feel like this is a trick question it's not a trick question i'm

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trying just wondering why your why your black sweater is still black and mine is like it looks

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It's like leaving.

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Who washes your clothes?

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Leaving the earth.

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I wash my clothes.

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Oh.

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I wash them hot.

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I wash everything hot.

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I don't really wash my clothes.

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You don't wash your clothes?

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I mean, I wash my clothes, but I pay somebody to do it.

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Oh, really?

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You take it to a dry cleaner?

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Mm-hmm.

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Or take it to this place.

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They do a pickup.

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Okay.

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you take it to like you take it to an auntie and they pick it up what place do you they pick it up

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and then they wash them they bring it back from you back folded and stuff oh dude that's bougie

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right it's not i've used services like that before it's bougie no it's not it's like 30 bucks a pop

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for a bag no it's not how much do you pay i don't want to talk about it it's not god dude every

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everybody everybody does it who lives a busy life like oh really oh yeah i think i heard of like

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uh yeah elon musk doing that and no i think if you i think if you live a busy life i mean i think

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that's normal yeah steve jobs i think did it just i'm not i'm not saying i think the billionaires

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do you're right yeah the bill no i'm saying like it's not as much as you think it's like literally

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i've used them before i'll do it like once i do like once a month if you have a lot of clothes

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i guess but yeah but my experience with them it's like 30 dollars but i also don't have like a

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washer and dryer so oh i see yeah i don't have a washer dryer or like they're complex to us so

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it's probably going to cost roughly it's probably the same amount if you do like a washer and dryer

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plus yeah yeah i know you're right that's why yeah i believe yeah poor people use those services too

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not just you bougie guys how are you uh how was your thanksgiving well that explains why you're

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why your color is maintained because you have a professional there um my thanksgiving was was good

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We went out to a restaurant.

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I've never eaten at a restaurant on Thanksgiving.

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Oh, cool.

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And so my wife is like, well, reserve the place because her family was in town.

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And so.

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Oh, was it nice?

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It was nice.

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We went to this place called Neato, which is at the Lauren Hotel, which is like on Barton's,

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like right over on Barton Springs and Riverside.

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And yeah, we got a view of the river or the lake, whatever you want to call it.

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and um yeah and there was like a fixed menu so you didn't get to choose your food which was great

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and having that indecision period and then yeah just kind of chilled that's cool yeah it was great

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how about yours how was your that was great we uh went to my cousins we were barbecuing

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catching up and barbecued some ribs some fajitas uh we didn't do a turkey after all but we did a

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we did a ham it was fun a little fun do you ever get tired of ham i don't even like it i don't know

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how you like ham that much um do you like ham that much i think it's because i only eat it once a year

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okay around thanksgiving that's why you're not a big like ham sandwich guy yeah okay i'm not a big

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sandwich guy just in general yeah let's say you're a taco guy more of a taco guy but no it was great

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had a really good time um yeah i had a really good time it was fun so it was a blast it was a blast

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and then we watched the cowboys they finally won cowboys won which was crazy they didn't lose at

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the end like i thought they were gonna lose so that was that was it was a very good game but

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they usually like screw it up at the very end and they didn't screw it up i was like we're all wild

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like when are they gonna screw this up and they didn't screw it up and they pulled off the victory

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And then tonight, UT's playing A&M, so that's going to be a really good one, too.

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Okay.

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There was a lot of football yesterday.

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Yeah, it's a football time of year.

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Yeah.

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That's really what's going on in the world right now.

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Yeah.

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Cool.

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If you've never seen this crazy show before, it's called Stacker News Live.

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We cover...

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Oh, I didn't even ask you about this.

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We need to...

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I didn't ask you about your top stories.

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Ah.

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Meta.

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Okay.

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I guess we'll figure it out on the fly.

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I guess so.

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If you've ever seen this crazy show before, it's called Stacker News Live.

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We cover all the top stories every week here on Stacker.News.

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Check out our YouTube page.

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There's a lot of videos.

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Last week's super spicy story was, most viewed story was this one,

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the Marc Andreessen avatar one.

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Apparently everybody liked that one.

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Yeah, people, yeah.

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That one and then the France attacks on graphing was another one that was popular.

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Yeah.

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I like how we let stackers in on YouTube growth strategies.

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That's kind of what we're telling.

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We're like, hey, look at our best performing videos.

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Look at that.

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Check out our keywords.

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Check out our...

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These are posts that the stackers...

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Thumbnail.

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These are literally the posts that the stackers have on stacker.news.

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All we're doing is just talking about them.

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I know, but it's kind of like we can kind of see, or at least when we go over these, it feels like to me I'm learning a little bit about YouTube's algorithm, what people are looking for in videos.

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Because a lot of it, as we've discussed before, as long as the video has nothing to do with Bitcoin, it performs pretty well.

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But the moment we start mentioning Bitcoin, they kind of just take a dump.

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I mean, I feel like this year has been very bad for Bitcoin,

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just as far as the narrative and then everybody, like, yeah.

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We look at even the gold and silver one, which is a great story.

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That one didn't do anything.

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And it doesn't have to do anything with Bitcoin,

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but it's not like, you know,

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it has to do with someone who understands monetary policy.

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I mean, I told you this like two years ago on the show.

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like once etf came through that was the end of bitcoin i even said it i called it here on the

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show go back and i say this all the time i don't i never bring it up anymore because it's like

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so it's a broken record at this point that was the end of it i don't mean like the end of it i mean

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like it's the end of um i'm just grabbing everybody's attention it just i feel like the

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etf just came in the room and just ate everything up suck the air out i mean we're going to talk

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about something later on about the etf which is big news um but um is that one of your top stories

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yeah one of my top stories but like that's what i'm saying like i feel like the etf just came in

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and took over took over bitcoin and you're kind of seeing it i mean definitely brought in the suits

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i feel like the suits are the kings now of bitcoin it became like a kind of a developer

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techie kind of focused culture and instead it became like a suit i mean also too it's like

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like i mean i see bitcoin as in like three different areas now it's like it's like the

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cypherpunks um working on all the stuff that's like you know the cool bitcoin lightning stuff

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and then i see the nostril ecosystem which is doing its nostril stuff but it's still so early

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there and then i see like the etf and the financial bros like and that's those are the

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three segments that i see okay yeah those i mean i could think that's that that is three distinct

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groups that's what i see in bitcoin right now i don't see anything else besides those three and

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and to be honest like there's not a lot of movement in those three segments right now i mean maybe the

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nostril thing a little bit but that is so small and no one's talking about it besides the people

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on nostril and then on the ets side everybody's talking about that but it's all the treasury stuff

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and and then when you look at the cypherpunk stuff like that's all the stuff that we're into

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here at pleb lab but that doesn't get any attention or no one cares about it because it's like so small

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it's so niche so it's just going to show up on like on stacker.news and and it won't it's not

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going to make any podcasts no one's going to care about it on youtube you know what i mean

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so yeah yeah that's kind of how i see it yeah so i think i would not partition out no stir from

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the cypherpunks i would say like just the there's a general tech builder class type of section of

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bitcoin then there's like the etf part but there's like a self-sovereignty bitcoiny thing

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tech people is not etf i know i know but it's like i would include you know they consider

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themselves part of bitcoin because they a lot of them are bitcoiners and i think it makes sense to

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kind of group them in there but the third group i would categorize more as like i don't know like

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pre-bitcoiners or like you know like a plebs trying to figure out am i in the am i going to

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going the etf track or am i gonna go and uh and like the tech the more the more hands-on track

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and i yeah that's the that's the way i would partition them but i mean that's yeah i also

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haven't thought about that much but i mean i think about it all the time but there's usually don't

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talk about it because it upsets people when i say these things sorry in advance if you heard that

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people get upset at everything so i mean you'll be like i can't believe car said nostri's not

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bitcoin like yeah i did sorry well i think even fiat job would agree with you so it's just not

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it's just not like i remember like bitcoin lightning is like freaking amazing stuff

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it's just that nostril is just not bitcoin i mean eventually hopefully like bitcoin will eat a lot

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of nostril and lightning and everything and uh we'll have like this kind of like what justin's

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doing where like he's putting a lot of the lightning stuff into nostril and eventually

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it'll just be lightning and it'll just you know leverage a little bit of what nostril has in its

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stack and i don't know man we'll see anyways if you never see this crazy show we're gonna do the

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top three right now on stacker news the number three is this what you have for the number three

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uh yeah that should be it all right the number three top story is my trip to the tokyo bitcoin

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bases from simple stacker 23 comments 12 400 sats key on what's this yeah simple stacker went to uh

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had a trip to tokyo and i think one day in the saloon he was writing about what where where can

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spend bitcoin in tokyo and i responded uh you should go to the tokyo bitcoin base because we

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have someone in club lab who recently visited there i know it's kind of funny because i was

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like is this the same person yeah they're definitely not i mean they were there at the

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same time they were kind of weird but it was like a it was a very popular time in tokyo for bitcoin

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stuff i understand okay um i don't think he i don't think simple sacrifice there i think it was

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I think it was purely a coincidence, but we had someone who works at a club lab who was there.

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And they had posted Tokyo Bitcoin-based photos.

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And when SimpleStacker said they were there, I was like, dude, you should go here.

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It looks really cool based on this person's pictures.

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And so it looks like he ended up going.

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He made a stop, I think because something else that they planned on doing was canceled.

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He said it was pretty empty.

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I think that it might have been the day after or the day of an event that they had just had.

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I think Fulger Ventures sponsored some kind of Bitcoin Builder Day there.

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And yeah.

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And so he said it was so that it looks like they have a pretty elaborate kind of like museum-y science project type of stuff in their lounge area.

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And so he got to check it out.

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This picture in particular is a mining system that heats an aqua, that like feeds in, the heat feeds into an aquaponic system and keeps like a fish tank warm.

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I think it's also powered by solar, you know, just kind of like a Rube Goldberg type of mining setup that is great for stuff like this.

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It becomes kind of art in a way, kind of like industrial art.

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yeah he's i mean it looks that their their base looks really cool i love how it's decorated

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um yeah it looks really cool yeah it looks you know look it's sort of like

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a mid-century japan that's kind of what it how i would describe the aesthetic he went and then he

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even he went here for lunch because they accept bitcoin and he was disappointed in the food

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unfortunately but really yeah the food truck um yeah that is just funny the food i guess there

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are many of those food trucks and they all accept bitcoin to the owner of the food truck company

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the big corner yeah mount mount fuji oh wow yeah we all know that anybody ever climbed that thing

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i would i would guess lots of people have i would guess it's uh it's a thing that people do i don't

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even know i'm i don't know how tall it is looks like it's gonna erupt or something it looks like

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there's like a crack there oh it definitely might be a volcano i don't i don't know much

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about volcanoes oh cool they have a bookshelf yeah they had a bunch see one of your favorite books

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let's see which one uh it's hard to get through here i mean i like the sovereign individual

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i read gun germs and steel it's not really a bitcoin book mastering lightning digital gold

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was good broken money i don't see broken money maybe someone someone took it um what is the grid

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i've never heard of that one fooled by randomness the grid yeah there's one over here called the

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grid i can't see it it's maybe behind the yeah it's like right there what was really cool thanks

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by the next to the price of tomorrow it was really cool one of the pictures he took had someone in it

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who was sitting in the lounge and the person who was sitting in the lounge came on stacker news

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and they're like hey that was me oh wow picture of but it was his face is covered by the terminal

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there but you could see him there oh yeah um but he came he slid into the comment section and he's

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like bro that's me thanks for hiding my face yeah and then he described his own experience visiting

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there he said there's a second floor uh to to the lounge but it's mostly just like an uh further

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like entryway to the offices upstairs that looks really cool hopefully we're gonna check it out at

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some point i want to check it out i know to ruck to ruckoo and lisa are doing a really good job of

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trying to grow that space so should be really cool we met them at uh we met them at we met

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lisa at meridia and then we met we met up with turuku at atlanta for uh for tapcom turuku came

219
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to Austin once didn't he?

220
00:16:01,720 --> 00:16:02,880
No she's a she.

221
00:16:03,140 --> 00:16:05,140
It's a she. Okay. Yeah so Taruku

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we've known her we've known Taruku

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since 23.

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Okay. And then

225
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I've done my best to like

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help her out and give her advice

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and

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you know give her as much information

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as we could at least plub blub to

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let her know how we did

231
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it and how to do it since

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about that long ago. Yeah.

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Okay.

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i thought also didn't wasn't there uh the wallet founder from japan that came and visited oh yeah

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yeah yeah yeah he was he's over there i don't know if he's still i don't know if he's still

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building that or not i think they shut down the wallet yeah um but i don't there's a lot of people

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that have come through club lab from japan yeah yeah it's always cool at this point it's kind of

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it's kind of hard to remember how many people i've talked to about like hubs and stuff at this

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00:16:57,100 --> 00:17:03,380
point it's been it's been like dozens at this point i was just i just got off a call like

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an hour ago with somebody who's doing a hub right now it's i mean they're really cool it's really

241
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nice to see bitcoin in the physical world and you know even if it's just like people who care about

242
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bitcoin gathering together yeah um there's something special about it definitely something

243
00:17:19,800 --> 00:17:24,120
special about it definitely every major city should have one for sure because i think if you

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don't have one i think bitcoin will just die in the city like it won't happen yeah it needs a

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catalyst you need like uh you need at least one hub in every major city at least that's my dream

246
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um we're lucky we have uh three major hubs in in austin do we yeah so nifty's okay club lab

247
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and then bitcoin park we have three hubs that's that's how you know we're the bitcoin capital of

248
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the world i don't know has nifty started doing events and stuff i because i as far as i mean

249
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it's a hacker space okay i didn't realize she was she had she was renting out desks and stuff i

250
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thought it was just oh no no i mean it's like a hub though right somewhere to go yeah and yeah

251
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somewhere to be somewhere to visit yeah somewhere to visit okay but yeah we have three in in austin

252
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and then that web 5 one

253
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or is it a web 3 one

254
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or web 5

255
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I don't know is Dorsey involved

256
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if Dorsey's involved it's web 5

257
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I think that one's CIA

258
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we don't know what that one is

259
00:18:28,480 --> 00:18:31,320
might be

260
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but yeah

261
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pretty cool stuff dude

262
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the number 2

263
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top story of the week is

264
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the part of bitcoin you have

265
00:18:43,240 --> 00:18:51,760
to trust this is from scoresby 56 comments 3671 sets key on what's this yeah uh so this scoresby

266
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continues um going through both schools um crypto economics book and this this week's chapter was on

267
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uh the axiom of resistance which is sort of the bitcoin bitcoin succeeding or believing in

268
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bitcoin's system succeeding relies on us believing that resisting the state and uh network software

269
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context is possible so that is kind of like the assumption bitcoin's value prop um depends on and

270
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yeah and so this chapter and crypto economics just calls that out just brings that to attention

271
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it says here proving statements about bitcoin requires reliance on axiomatic systems specifically

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mathematics probability cat catalyptics which is a austrian economics thing about prices um and uh

273
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and the assumption that uh it's possible to resist the state and so it's more or less what

274
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this about and that's what uh scoresby wrote about here and kind of elaborated on is that um

275
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bitcoin has not really been attacked yet so we don't like in a in a very direct manner by the

276
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state they haven't tried to go after mining the tax we know that a state that only a state could

277
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do they have not some of them they have not yet done the ones that would really destroy bitcoin

278
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like um you know taking buying somehow occupying both mining pools that control like 50 over 50

279
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percent of the hash rate or things like that um i would definitely say they have attacked bitcoin

280
00:20:46,280 --> 00:20:52,720
already and they are currently attacking bitcoin yes covertly not yeah not but not in a not in a

281
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way that most of us would agree would really risk Bitcoin not succeeding. I would agree with you

282
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that it's like under pretty regular attack, but they're mostly going after like on and off ramps,

283
00:21:08,380 --> 00:21:15,280
really destroying the UX with regulations around this kind of stuff. But they're not yet

284
00:21:15,280 --> 00:21:18,540
trying to destroy the system itself.

285
00:21:18,860 --> 00:21:20,040
They're kind of destroying

286
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the usage of it, I would say.

287
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And a bit different.

288
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But regardless, I think

289
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even if it's whether Bitcoin

290
00:21:32,780 --> 00:21:33,900
is currently under attack

291
00:21:33,900 --> 00:21:36,080
or not yet under attack,

292
00:21:36,980 --> 00:21:40,840
it's succeeding and it's succeeding

293
00:21:40,840 --> 00:21:42,560
requires it to be censorship resistant

294
00:21:42,560 --> 00:21:44,440
and all these things to give it value

295
00:21:44,440 --> 00:21:48,920
require Bitcoin being able to resist state control over it.

296
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And we just take that as it's stated.

297
00:21:58,100 --> 00:22:01,540
We can't prove that Bitcoin can resist state control.

298
00:22:01,540 --> 00:22:04,560
We just kind of have to assume it's possible

299
00:22:04,560 --> 00:22:06,440
that the system will be able to.

300
00:22:08,560 --> 00:22:09,120
Yeah.

301
00:22:10,040 --> 00:22:13,680
We got the top comment from Elvis Mercury.

302
00:22:13,680 --> 00:22:19,020
He said, this is the biggest thing missing from almost every discussion of Bitcoin, in my opinion,

303
00:22:19,140 --> 00:22:21,500
what it means for it to succeed or fail.

304
00:22:22,120 --> 00:22:25,440
The various moves the state could make, what might happen as a result,

305
00:22:25,540 --> 00:22:28,500
and how we could tell empirically if it were happening.

306
00:22:29,280 --> 00:22:32,600
My take is that most Bitcoiners are operating under cartoonish assumptions about this,

307
00:22:33,040 --> 00:22:36,860
mainly from having never really thought critically about any of it

308
00:22:36,860 --> 00:22:40,800
and having instead incorporated that Bitcoin talking points is a major matter of religion.

309
00:22:40,800 --> 00:22:48,440
But the tell of this is why the way of being are the grandstanding critiques of the existing systems, including prophecies about the ultimate fate.

310
00:22:49,400 --> 00:22:50,020
Yeah, he goes on.

311
00:22:50,280 --> 00:22:51,680
Do you agree with Elvis Mercury?

312
00:22:52,460 --> 00:22:53,180
Yeah, I would agree.

313
00:22:53,180 --> 00:22:53,660
I think you do, yeah.

314
00:22:53,840 --> 00:22:54,400
I would agree.

315
00:22:54,680 --> 00:22:59,920
I mean, I'm always, I agree with most things that the call out of Bitcoiners being complacent.

316
00:22:59,920 --> 00:23:03,920
So I definitely agree with the sentiment.

317
00:23:03,920 --> 00:23:06,200
I do think that

318
00:23:06,200 --> 00:23:09,160
there is a large body

319
00:23:09,160 --> 00:23:11,300
of writing and thinking

320
00:23:11,300 --> 00:23:13,120
that has been done on the state attack

321
00:23:13,120 --> 00:23:13,900
stuff

322
00:23:13,900 --> 00:23:17,020
but yeah it's definitely not popular

323
00:23:17,020 --> 00:23:20,820
and represents a minority

324
00:23:20,820 --> 00:23:22,580
of the content produced about Bitcoin

325
00:23:22,580 --> 00:23:24,860
and should be

326
00:23:24,860 --> 00:23:25,760
discussed more

327
00:23:25,760 --> 00:23:29,000
so yeah I agree

328
00:23:29,000 --> 00:23:29,340
with that

329
00:23:29,340 --> 00:23:32,340
I agree with that too

330
00:23:32,340 --> 00:23:34,560
Interesting

331
00:23:34,560 --> 00:23:37,280
Lots of good stuff in the comments here

332
00:23:37,280 --> 00:23:53,462
Yeah Check it out The number one top story Of the week is this is not what adoption looks was he trying to say like or luke yeah it was a typo okay uh this is from siggy 4701 comments

333
00:23:53,462 --> 00:23:59,562
20 000 sats kian what's this yeah i thought that i thought the title was actually a joke but

334
00:23:59,562 --> 00:24:05,582
it was a typo um siggy documents his experience with the occupy wall street movement so it

335
00:24:05,582 --> 00:24:13,522
These are photos taken by him through one of the camps in what used to be,

336
00:24:13,522 --> 00:24:16,662
what is, I think, Zuccotti Park.

337
00:24:17,042 --> 00:24:18,202
That was in 2008, right?

338
00:24:19,462 --> 00:24:19,902
Yeah.

339
00:24:19,922 --> 00:24:21,022
Or 2010 or something?

340
00:24:21,722 --> 00:24:23,682
2000, it might have been 2000.

341
00:24:24,702 --> 00:24:26,402
Yeah, 2008, 2010.

342
00:24:27,302 --> 00:24:29,962
Yeah, roughly, I think a little bit, maybe 2007.

343
00:24:30,182 --> 00:24:31,442
I think it was early as 2007.

344
00:24:32,202 --> 00:24:34,422
But he said he was working in downtown Manhattan.

345
00:24:34,422 --> 00:24:41,182
and got a chance to stop by and talk to some of the people.

346
00:24:41,282 --> 00:24:42,742
He said it was pretty small.

347
00:24:42,862 --> 00:24:45,742
He said it was a lot smaller than you'd think it was based on the news reports

348
00:24:45,742 --> 00:24:49,702
and describes how they were actually occupying the park.

349
00:24:49,702 --> 00:24:53,922
I guess it's a public park that is privately owned,

350
00:24:54,422 --> 00:24:57,082
which is a common thing, I guess, in New York City.

351
00:24:57,082 --> 00:25:04,542
um and yeah he said they're most you know the people that he talked to or people who had their

352
00:25:04,542 --> 00:25:10,382
homes foreclosed on or he said there were you know socialists who were kind of there handing out

353
00:25:10,382 --> 00:25:17,222
like native new yorkers who were there handing out socialist pamphlets and stuff uh and then he

354
00:25:17,222 --> 00:25:23,602
he uses this to motivate talking about you know what's going on with with bitcoin but he

355
00:25:23,602 --> 00:25:36,802
He transitions to talking about Bitcoin by talking about Larry Fink because Larry Fink was involved, I think, in handing out the money to financial institutions during the bailouts.

356
00:25:37,542 --> 00:25:46,362
So Larry Fink was appointed as the point man for distributing the money, which financial institutions to get bailed out and which one shouldn't.

357
00:25:46,362 --> 00:25:55,362
I don't know if he was at BlackRock then, but he was at an MBS firm prior to being the CEO of BlackRock.

358
00:25:56,462 --> 00:25:59,762
And so he's chosen to handle funds for the bailouts.

359
00:26:01,482 --> 00:26:04,582
And then he went on to run BlackRock.

360
00:26:06,222 --> 00:26:07,362
The rest is history.

361
00:26:07,362 --> 00:26:31,262
Yeah, so he discusses that because to point out that – or he quotes Larry Fink saying that he's aware of how bad their handling of the bailout funds were and how – like both optically and otherwise, it's like it was not – it didn't help normal people.

362
00:26:31,262 --> 00:26:39,062
but yeah that didn't really change results any but he's at least he at least acknowledged it at

363
00:26:39,062 --> 00:26:44,962
some point and then he and he kind of ends this section about Larry Fink talking about how

364
00:26:44,962 --> 00:26:51,862
you know he now he's now pro very pro Bitcoin and manages the largest ETF and encourages us to view

365
00:26:51,862 --> 00:27:00,402
you know people like Larry Fink with skepticism because they you know they are extremely conflicted

366
00:27:00,402 --> 00:27:07,782
if not operating in bad faith altogether.

367
00:27:11,762 --> 00:27:14,162
So Larry Fink is in charge of the biggest Bitcoin ETF.

368
00:27:15,842 --> 00:27:18,862
Is he going to do the right thing in the case

369
00:27:18,862 --> 00:27:21,082
where something happens with a big Bitcoin ETF,

370
00:27:21,902 --> 00:27:24,382
given that he failed to do it during the bailouts?

371
00:27:24,382 --> 00:27:25,462
He probably won't.

372
00:27:25,462 --> 00:27:32,262
But he uses, he says all of this to encourage us to use Bitcoin the right way.

373
00:27:33,862 --> 00:27:35,722
You know, take custody of Bitcoin yourself.

374
00:27:35,922 --> 00:27:36,962
Learn how Bitcoin works.

375
00:27:37,202 --> 00:27:49,282
Learn how to be your own bank and not farm it out to people like Larry Fink, who you should know you cannot trust.

376
00:27:49,282 --> 00:27:56,502
and yeah I thought it so that the you know this is not how this is not what adoption looks like

377
00:27:56,502 --> 00:28:03,902
is this kind of the main point the ETFs are not are not what a Bitcoin adoption looks like

378
00:28:03,902 --> 00:28:09,422
cool we had the top comment from scores be some good reminders here I suspect the SN as a group

379
00:28:09,422 --> 00:28:13,042
of Bitcoin is probably the least likely to be holding ETF shares and believing in 40 chess yet

380
00:28:13,042 --> 00:28:15,102
complexity does slip up on us if we are

381
00:28:15,102 --> 00:28:15,642
careful

382
00:28:15,642 --> 00:28:18,862
Billy the Kid said

383
00:28:18,862 --> 00:28:20,322
Bitcoin subculture is as significant

384
00:28:20,322 --> 00:28:21,942
as it's moneyness

385
00:28:21,942 --> 00:28:24,602
yeah

386
00:28:24,602 --> 00:28:25,782
Optism said

387
00:28:25,782 --> 00:28:29,062
Coinbase is reputable and then he says since when

388
00:28:29,062 --> 00:28:30,902
just because they say maintain an image

389
00:28:30,902 --> 00:28:32,922
that they are doesn't mean they actually are

390
00:28:32,922 --> 00:28:34,742
even if we'll stay reputable

391
00:28:34,742 --> 00:28:36,822
yeah

392
00:28:36,822 --> 00:28:39,062
there's a lot of comments

393
00:28:39,062 --> 00:28:40,902
here's like 101 comments which is

394
00:28:40,902 --> 00:28:43,342
yeah they really got into it

395
00:28:43,342 --> 00:28:44,522
everybody talked about it

396
00:28:44,522 --> 00:28:46,682
there's that

397
00:28:46,682 --> 00:28:48,722
that really notable

398
00:28:48,722 --> 00:28:51,562
paper clipping

399
00:28:51,562 --> 00:28:52,982
it's in the

400
00:28:52,982 --> 00:28:54,682
opera turn in the first

401
00:28:54,682 --> 00:28:56,402
coinbase output

402
00:28:56,402 --> 00:28:59,482
chancellor on the brink of second bailout

403
00:28:59,482 --> 00:29:00,142
for banks

404
00:29:00,142 --> 00:29:02,702
billions wow only billions back then

405
00:29:02,702 --> 00:29:05,442
now it's like trillions

406
00:29:05,442 --> 00:29:09,542
you think we'll break a hundred trillion

407
00:29:09,542 --> 00:29:11,342
before the end of the decade?

408
00:29:12,082 --> 00:29:13,322
$100 trillion in debt?

409
00:29:13,482 --> 00:29:13,742
Yeah.

410
00:29:13,982 --> 00:29:14,302
Oh.

411
00:29:14,862 --> 00:29:15,782
We're at $38, I think.

412
00:29:15,842 --> 00:29:16,762
We're probably at $39 now.

413
00:29:17,642 --> 00:29:18,802
I would guess so.

414
00:29:18,842 --> 00:29:20,282
It seems to be going at that.

415
00:29:21,282 --> 00:29:22,842
Exponentials are hard, but yeah.

416
00:29:23,742 --> 00:29:27,442
I would say it'll be higher than you would think it will be.

417
00:29:27,562 --> 00:29:28,342
It's not going to be linear.

418
00:29:28,342 --> 00:29:29,162
It's not going to be linear.

419
00:29:29,182 --> 00:29:29,462
It's not going to be linear.

420
00:29:31,082 --> 00:29:31,482
Yeah.

421
00:29:32,182 --> 00:29:32,822
You know what?

422
00:29:32,862 --> 00:29:36,902
I'm going to go over $100 before the end of the decade.

423
00:29:36,902 --> 00:29:44,002
for the end of the decade the end of the decade meaning by 2030 yeah we'll go over 120 100 trillion

424
00:29:44,002 --> 00:29:48,662
okay i think that's a i think that's a fair bet i think you could probably make a really strong

425
00:29:48,662 --> 00:29:54,622
case that that'll happen like even with numbers and stuff yeah let's hope uh let's hope uh

426
00:29:55,902 --> 00:29:58,062
we're still alive we'll see

427
00:29:58,062 --> 00:30:07,462
of course we'll be alive we'll be thriving in our uh bitcoin citadels that we build at the bottom

428
00:30:07,462 --> 00:30:15,582
of the ocean hey all you guys are talking about i'm gonna go into the middle of a country and

429
00:30:15,582 --> 00:30:19,522
set up buy some farmland bro the middle how about the bottom of the ocean i'm never gonna get you

430
00:30:19,522 --> 00:30:25,582
there that's where all the ufos are that's right dude and we don't know that they're hiding well

431
00:30:25,582 --> 00:30:27,442
Those might not even be UFOs.

432
00:30:27,502 --> 00:30:28,802
Those might just be Bitcoiners already.

433
00:30:31,882 --> 00:30:32,702
Yeah, those are.

434
00:30:32,882 --> 00:30:35,502
That's the future Bitcoiners coming back from the future.

435
00:30:35,662 --> 00:30:37,562
Yeah, those Tic Tac UFOs.

436
00:30:37,682 --> 00:30:38,602
That's Satoshi, dude.

437
00:30:40,302 --> 00:30:42,522
Dodging all the feds.

438
00:30:43,762 --> 00:30:45,402
Of course he's going to fly by.

439
00:30:46,542 --> 00:30:47,302
Satoshi, bro.

440
00:30:48,122 --> 00:30:48,782
That's awesome.

441
00:30:49,062 --> 00:30:49,322
All right.

442
00:30:49,342 --> 00:30:52,942
That's all the top stories of the week here on Stacker.News.

443
00:30:52,942 --> 00:31:00,222
um we're gonna jump into the ai bitcoin segment um let's let's jump into this one before we get

444
00:31:00,222 --> 00:31:06,182
into the fun stuff um did you see the genesis mission that uh your boy trump uh signed yeah

445
00:31:06,182 --> 00:31:10,282
i looked in i so the weird thing about this is i saw this story getting circulated but i was like

446
00:31:10,282 --> 00:31:16,302
they signed this executive order like i felt like a while ago um no but it says the 24th yeah it

447
00:31:16,302 --> 00:31:21,402
says the 24th um so this post was from i guess i don't know i don't know where this post came from

448
00:31:21,402 --> 00:31:27,082
but it showed up on Stacker News. I guess it's from the same guy. Yeah. It was a really good

449
00:31:27,082 --> 00:31:30,842
post. Like it was a really, this is something that you would expect from like the rage or something,

450
00:31:30,842 --> 00:31:39,202
but I read through it. He's basically talking about how he foresees a time when a lot of these,

451
00:31:39,422 --> 00:31:45,382
or let me just start with the context. So the Genesis, the Genesis mission is what Trump is

452
00:31:45,382 --> 00:31:50,902
calling the uh the kind of like the apollo mission or the manhattan project but for ai

453
00:31:50,902 --> 00:31:56,262
quantum and everything that's the future is hopefully going to provide for those words

454
00:31:56,262 --> 00:32:00,522
yeah sure yeah um david david saxe's book sure

455
00:32:00,522 --> 00:32:10,542
uh anyway so long story short um he goes into this kind of like hypothetical

456
00:32:10,542 --> 00:32:17,402
you know there's going to be a bailout coming for a lot of this stuff uh and then so he kind of

457
00:32:17,402 --> 00:32:23,122
talks about this in a context of like we've seen covet 19 we've seen the manhattan project look at

458
00:32:23,122 --> 00:32:26,602
how this turned out it actually didn't turn out for the better it just basically made this

459
00:32:26,602 --> 00:32:33,342
kind of nanny state or not nanny state this nanny government for uh for all these these all these uh

460
00:32:33,342 --> 00:32:39,902
how would you say they just basically made these um uh they just basically made them all like uh

461
00:32:39,902 --> 00:32:47,382
uh uh you know just uh how would you say um they corrupted uh nuclear technology basically

462
00:32:47,382 --> 00:32:53,062
yeah but they just made boeing and they're all just kind of uh they're just great yeah they're

463
00:32:53,062 --> 00:32:58,062
just zombies they're not like they're not actually creating any um there's no competition there's

464
00:32:58,062 --> 00:33:02,302
literally no competition with any of these companies they're just straight handing money

465
00:33:02,302 --> 00:33:07,522
over every every year yeah kind of techno fascism like this is like what we when you look at air

466
00:33:07,522 --> 00:33:13,322
airliners now this that's the result of like techno fascism 50 years ago yeah i love that word

467
00:33:13,322 --> 00:33:20,342
okay uh so they're talking about how right now currently with open ai and hsbc had these

468
00:33:20,342 --> 00:33:24,702
projections that that they came out they're saying that it's very it's very likely that

469
00:33:24,702 --> 00:33:31,262
open ai is not going to be able to like um hit their uh um how would you say their their growth

470
00:33:31,262 --> 00:33:36,542
targets that they're they're trying to hit um and because i think they're at they're running at a

471
00:33:36,542 --> 00:33:41,902
loss, but it's like a humongous loss. And even like Sam went on record, I think like a two weeks

472
00:33:41,902 --> 00:33:47,682
ago with Satya. It was like circulating around the internet, this video of him. And it was got

473
00:33:47,682 --> 00:33:51,302
posted on Sacred News. I think I talked about it too, but it was, it was a really interesting video

474
00:33:51,302 --> 00:33:55,322
where he was, he was the guy who was asking him, he was also an investor with OpenAI

475
00:33:55,322 --> 00:34:01,202
and Satya was on there too. And then eventually Sam just like said, Hey, if you want to sell your

476
00:34:01,202 --> 00:34:07,582
shares let me know i can find somebody to buy your shares but so all this to say and he goes

477
00:34:07,582 --> 00:34:12,122
into this article talking about how it's very likely that they're not going to be able to hit

478
00:34:12,122 --> 00:34:15,782
all all the revenue that they're that they're out there trying to do because you have nvidia

479
00:34:15,782 --> 00:34:20,822
already invested into a lot of these companies already you know um buying some of the compute

480
00:34:20,822 --> 00:34:27,022
for a lot of these companies already doing their best to kind of uh bubble up these these uh already

481
00:34:27,022 --> 00:34:32,342
existing AI companies. So he's predicting that David Sachs is going to do like this bailout

482
00:34:32,342 --> 00:34:39,202
because it only lasted like 18 days or something like that previously. And then he goes into this

483
00:34:39,202 --> 00:34:42,722
and then he goes into this other thing about how he foresees like the surveillance state coming

484
00:34:42,722 --> 00:34:48,422
because of this like Genesis mission that Trump is putting together. And he sees that there's

485
00:34:48,422 --> 00:34:53,082
going to be a panopticon of these companies. There's going to be no competition. You're going

486
00:34:53,082 --> 00:34:56,402
to get rid of a lot of all of these early stage AI companies that would have been created.

487
00:34:56,402 --> 00:35:00,682
and you're going to be able to you're going to see just uh nothingness and this is actually

488
00:35:00,682 --> 00:35:08,322
going to be bad for AI in the long term and um I think I covered everything um yeah I think that's

489
00:35:08,322 --> 00:35:12,802
that's where he kind of goes with that you know did you read this post did you see it no so I

490
00:35:12,802 --> 00:35:16,802
thought for some reason I thought this was like old news and I was like bro I can't I'm not about

491
00:35:16,802 --> 00:35:20,462
to read some old news nothing happened with regard to this because I would expect it to

492
00:35:20,462 --> 00:35:26,042
have heard about it if it really mattered but I guess it was new news um I mean I don't I haven't

493
00:35:26,042 --> 00:35:32,602
looked at it too much. I do remember that clip circulating about Sam Altman falling off a podcast

494
00:35:32,602 --> 00:35:39,582
because he didn't want to answer a question about their profitability. You hear Mark Zuckerberg

495
00:35:39,582 --> 00:35:46,982
saying he's open to wasting hundreds of billions of dollars pursuing AGI because he believes it's

496
00:35:46,982 --> 00:35:52,522
worth the risk. I think that's what you're seeing with Altman. He can go to investors and he's like,

497
00:35:52,522 --> 00:35:58,142
he's like yeah there's you know potentially like yes our obviously our revenue is way behind where

498
00:35:58,142 --> 00:36:04,622
it needs to be to make this money back but the upside is infinity um like if we if we get to agi

499
00:36:04,622 --> 00:36:09,462
first and we are just that much farther ahead than everyone else and we are you know literally

500
00:36:09,462 --> 00:36:17,062
running the entire economy with our you know our replicatable brains um no one's going to be able

501
00:36:17,062 --> 00:36:21,702
to catch up with us we're we're going to be the gods of the new era don't you want to share in the

502
00:36:21,702 --> 00:36:28,702
new god i think that that's like kind of what it it seems like that's that's i think the pitch and

503
00:36:28,702 --> 00:36:32,582
it's a you know it's a pretty compelling pitch if you believe that that's actually what's going to

504
00:36:32,582 --> 00:36:37,622
happen with agi well he in his pitch deck i don't know if you remember i don't know if you remember

505
00:36:37,622 --> 00:36:43,402
his pitch deck his pitch deck literally had one of his one of his uh hockey stick charts in his

506
00:36:43,402 --> 00:36:49,262
pitch deck was the earth's gdp it wasn't just like the united states gdp it was like the earth's gdp

507
00:36:49,262 --> 00:36:52,622
That was one of his slides in his deck.

508
00:36:52,862 --> 00:36:58,542
I just thought, I was like, wow, that was such a, just like a crazy maneuver to put that in there.

509
00:36:58,622 --> 00:36:59,542
It was just insane.

510
00:36:59,922 --> 00:37:06,842
Right here, this is where it says, so in the article, he goes into from innovation to extraction, and he talks about the Genesis mission.

511
00:37:07,342 --> 00:37:15,562
So in this part specifically, he says, this extraction will intensify as baylights become routine each time AI companies face shortfalls, they'll demand federal assistance.

512
00:37:15,562 --> 00:37:29,322
Each time the government provides relief, dependency deepens. Eventually, the industry becomes indistinguishable from defense contractors, nominally private but functionally integrated into government surviving through political connections rather than market performance.

513
00:37:29,322 --> 00:37:40,262
And that's the scary part is because then you're kind of going into this like, you know, if you serve the right master, if you serve the right, you have the right network, you are at the right cocktail party.

514
00:37:40,362 --> 00:37:40,722
You know what I mean?

515
00:37:40,962 --> 00:37:46,182
Then it just becomes you're not even actually competing with anybody out there in the ecosystem.

516
00:37:46,182 --> 00:37:52,702
You're literally just attending these things and then you get the, you know, you appease the room.

517
00:37:52,702 --> 00:38:01,782
And now you're in that kind of golden group.

518
00:38:02,142 --> 00:38:03,782
So, man, it sucks, dude.

519
00:38:04,622 --> 00:38:07,822
Yeah, so my view on this, if this is actually what happens in the U.S.,

520
00:38:07,822 --> 00:38:10,242
I think the U.S. just won't be competitive in AI.

521
00:38:10,402 --> 00:38:11,502
But there's no one else, though.

522
00:38:11,902 --> 00:38:14,302
It's just literally China, and they're communistic.

523
00:38:14,722 --> 00:38:16,262
And then Europe's not participating.

524
00:38:17,222 --> 00:38:19,042
And then so who else do you have?

525
00:38:19,202 --> 00:38:20,522
We've looked at, we've seen the charts.

526
00:38:20,522 --> 00:38:21,462
We've seen the map.

527
00:38:21,462 --> 00:38:25,622
remember like that we've had multiple segments here on second use live where we've seen

528
00:38:25,622 --> 00:38:30,362
the map of ai and it hasn't really taken off anywhere else i don't know i think you have india

529
00:38:30,362 --> 00:38:37,282
you have uh which also is i think competitive in this regard lots of tech lots of people you know

530
00:38:37,282 --> 00:38:42,642
very fast growing i think there are parts of africa that can maybe um you know they obviously

531
00:38:42,642 --> 00:38:48,182
don't have the same kind of tech sectors i mean the u.s is of course leading kind of right now and

532
00:38:48,182 --> 00:38:49,982
China's kind of competitive in that regard.

533
00:38:50,282 --> 00:38:57,502
But if the US stagnates, if China stagnates because the state is like two intermingles

534
00:38:57,502 --> 00:39:02,462
with these things, I think all that happens is it opens up for someone else to innovate

535
00:39:02,462 --> 00:39:03,042
in the area.

536
00:39:03,042 --> 00:39:09,702
So long as whoever is the world power doesn't strangle everyone else's innovation.

537
00:39:09,702 --> 00:39:16,402
And that seems to be what sort of happened with planes, like because the US is like sort

538
00:39:16,402 --> 00:39:22,842
of the global leader. They're kind of in control of the world order. They are the ones kind of

539
00:39:22,842 --> 00:39:28,702
producing most of the planes or designing them. It seems that we hadn't had much innovation in

540
00:39:28,702 --> 00:39:32,782
planes. And you can kind of imagine the same thing might happen with AI where like, you know,

541
00:39:32,842 --> 00:39:40,562
open AI perhaps, you know, helps them as a result of riding this bubble, they get way ahead. And

542
00:39:40,562 --> 00:39:44,642
then they are so far ahead that they have so much power that they can kind of like stifle

543
00:39:44,642 --> 00:39:51,262
competition globally that's you know that could happen i would say it's more akin to i wouldn't

544
00:39:51,262 --> 00:39:58,722
say like planes i would say more like um like kind of like rocketry or like uh space space flight or

545
00:39:58,722 --> 00:40:03,922
like i think nuclear is maybe yeah like i think people do it best that's best yeah because you

546
00:40:03,922 --> 00:40:07,882
could you could even argue like some of this ufo technology that people are seeing out there is

547
00:40:07,882 --> 00:40:12,062
actually just the united states government and it's black budget right like that that's where

548
00:40:12,062 --> 00:40:17,162
like I would I would I would automatically assume like this is where this could go like we're gonna

549
00:40:17,162 --> 00:40:21,942
talk about another post later on but like let's just say hypothetically they do have some interesting

550
00:40:21,942 --> 00:40:27,702
things that they could build later on and that the the people that are out there don't know about

551
00:40:27,702 --> 00:40:34,322
all of a sudden you have like some AI virus that hits and everybody can't solve it because they're

552
00:40:34,322 --> 00:40:40,302
working on like 10 years backward technology and these are all hypotheticals but it kind of it's

553
00:40:40,302 --> 00:40:46,602
It's just very like, it just kind of like, it just leaves this widened gap.

554
00:40:47,222 --> 00:40:49,982
And it just stunts humanity.

555
00:40:50,762 --> 00:40:53,762
Just to put it frankly, like it stunts humanity's growth.

556
00:40:53,982 --> 00:40:55,482
And it doesn't move us forward.

557
00:40:55,482 --> 00:41:01,562
If anything, it just keeps us in the kind of reductive state that we've been in since like what.

558
00:41:02,882 --> 00:41:05,462
And who was making this eloquent argument?

559
00:41:05,802 --> 00:41:06,102
Like what?

560
00:41:06,422 --> 00:41:08,182
Like 20, like wasn't it?

561
00:41:08,222 --> 00:41:08,562
When is it?

562
00:41:08,622 --> 00:41:09,522
One of the, what is it?

563
00:41:09,522 --> 00:41:14,202
Wasn't it one of the guys from, who's that guy that you and Jenna watch?

564
00:41:15,162 --> 00:41:15,602
Weinstein?

565
00:41:16,042 --> 00:41:18,822
Wasn't he talking about this deductive state that the United States is in?

566
00:41:18,822 --> 00:41:23,242
And it has been in for like 30, 40 years because no one's actually like

567
00:41:23,242 --> 00:41:25,862
create anything.

568
00:41:26,122 --> 00:41:30,982
But it probably is because we're in this kind of like a place where they're

569
00:41:30,982 --> 00:41:32,102
not sharing the information.

570
00:41:32,102 --> 00:41:34,882
They're not sharing any of the technology that could probably move this

571
00:41:34,882 --> 00:41:35,342
stuff forward.

572
00:41:35,542 --> 00:41:35,662
Yeah.

573
00:41:35,662 --> 00:41:47,122
So that's like Teal's point that Eric Weinstein also, you know, puts forward is that since like the early 1970s, productivity has not really grown much.

574
00:41:47,122 --> 00:41:53,342
We've been kind of stagnated and there's been lots of kind of like financial and sort of digital innovation.

575
00:41:53,822 --> 00:42:00,202
But the world, the world that we maybe care about most, the world of atoms has not really grown.

576
00:42:00,302 --> 00:42:04,442
And this is kind of this is also something Peter Teal talks about.

577
00:42:04,442 --> 00:42:10,862
or maybe his time more recently into his Antichrist lectures, which is, you know, part,

578
00:42:10,862 --> 00:42:18,562
one of his theories as to why we stopped growing in the 1970s was because technology got too

579
00:42:18,562 --> 00:42:25,642
dangerous. And, you know, kind of the, either our collective human sentiment about it was that this

580
00:42:25,642 --> 00:42:32,242
is scary and we need to stop and stay away from it. Or, you know, perhaps like kind of governments

581
00:42:32,242 --> 00:42:37,302
or world leaders sort of saw the risks of technology

582
00:42:37,302 --> 00:42:39,122
kind of getting into the wrong hands,

583
00:42:39,962 --> 00:42:41,802
especially nuclear technology.

584
00:42:41,802 --> 00:42:43,942
We began to get really afraid of nuclear technology

585
00:42:43,942 --> 00:42:45,562
because we saw how destructive it was.

586
00:42:46,162 --> 00:42:48,282
Perhaps there was a little bit,

587
00:42:48,442 --> 00:42:52,282
we were kind of getting in the way of our own success,

588
00:42:52,562 --> 00:42:58,842
stopping us from continuing to innovate in these areas

589
00:42:58,842 --> 00:43:00,842
that were terrifying to us.

590
00:43:00,842 --> 00:43:12,462
And he used like part of what he uses as like a stand in for how we maybe unconsciously held these beliefs is how most of our like sci fi and stuff became dystopian.

591
00:43:12,882 --> 00:43:17,162
Like it stopped me in about like, you know, it wasn't like Star Trek.

592
00:43:17,242 --> 00:43:22,822
We're going to we're going to, you know, travel the world and meet or travel the universe and meet new species.

593
00:43:22,822 --> 00:43:27,822
it became more like there was a nuclear war

594
00:43:28,542 --> 00:43:30,782
and only 10 people survived

595
00:43:30,782 --> 00:43:32,482
and the rest of them are zombies or whatever.

596
00:43:32,662 --> 00:43:35,162
Like that's like most of the sci-fi that we have now.

597
00:43:36,342 --> 00:43:38,182
Anyway, yeah.

598
00:43:38,942 --> 00:43:40,782
So you could, I guess you could kind of,

599
00:43:40,882 --> 00:43:42,762
I think that is going to happen with AI.

600
00:43:43,142 --> 00:43:43,802
I think that is.

601
00:43:44,102 --> 00:43:46,362
I mean, it just got signed into law

602
00:43:46,362 --> 00:43:48,142
and like he's going to benefit from it.

603
00:43:48,382 --> 00:43:50,922
Like Palantir is actually going to be one of those companies

604
00:43:50,922 --> 00:43:53,022
that is going to benefit from this.

605
00:43:53,302 --> 00:43:56,522
And we'll see what other ones that sex allows.

606
00:43:57,362 --> 00:44:01,762
But it's kind of a bummer, man.

607
00:44:02,222 --> 00:44:02,862
Yeah, but I think part,

608
00:44:03,102 --> 00:44:05,642
so when I looked into the Genesis stuff,

609
00:44:05,682 --> 00:44:08,342
I think part of it was that it was the government was,

610
00:44:08,562 --> 00:44:09,742
there might be funding stuff,

611
00:44:09,862 --> 00:44:11,742
but the part that I was interested in was the data.

612
00:44:12,162 --> 00:44:13,382
I think part of it was like,

613
00:44:13,382 --> 00:44:16,882
the government will now go out of its way

614
00:44:16,882 --> 00:44:18,962
to kind of make the data publicly.

615
00:44:18,962 --> 00:44:24,782
all of its like National Science Foundation data and other data that was kind of, you know,

616
00:44:24,982 --> 00:44:31,602
inaccessible. They're going to get they're going to give privileged access to a few companies,

617
00:44:31,602 --> 00:44:35,902
or maybe perhaps they have some application process so that they can train models on it.

618
00:44:36,262 --> 00:44:42,642
And, you know, they're basically trying to give United States AI companies a lead. But I think

619
00:44:42,642 --> 00:44:48,422
where this eventually ends is, you know, AI is going to be an existential risk, it's going to be

620
00:44:48,422 --> 00:44:55,862
a weapon and so eventually the government is going to get super involved in it anyway and if

621
00:44:55,862 --> 00:45:04,722
i don't know if you remember leopold bonaparte's um paper and he did a he did a great podcast with

622
00:45:04,722 --> 00:45:12,302
that ai podcast guy who's like the most popular one but uh he he that's like it part of how he

623
00:45:12,302 --> 00:45:19,682
sees the next decade or so going with AI is eventually it becomes very risky.

624
00:45:20,402 --> 00:45:29,222
Like the technology becomes extremely secretive because you're afraid that an enemy is going to

625
00:45:29,222 --> 00:45:35,702
come in possession of the technology. And then they're going to be even a few months ahead of you

626
00:45:35,702 --> 00:45:40,002
is potentially risk them destroying you.

627
00:45:40,502 --> 00:45:41,382
And so that's like,

628
00:45:41,582 --> 00:45:43,522
that's how these people are thinking about this stuff

629
00:45:43,522 --> 00:45:46,602
is like, we just have to get there first.

630
00:45:46,742 --> 00:45:48,022
It doesn't matter how we get there,

631
00:45:48,162 --> 00:45:49,882
but you know, we create all kinds of bubbles,

632
00:45:49,982 --> 00:45:51,222
all kinds of distortions in the market

633
00:45:51,222 --> 00:45:54,422
is existential that the US succeeds

634
00:45:54,422 --> 00:45:55,522
at getting there first.

635
00:45:55,622 --> 00:45:57,462
And I think that's just, you know,

636
00:45:58,462 --> 00:46:00,162
well, I think, I think it's,

637
00:46:00,242 --> 00:46:00,882
I think it's like,

638
00:46:00,882 --> 00:46:02,242
I think it was going to happen either way.

639
00:46:02,362 --> 00:46:03,942
I don't think it mattered who was elected

640
00:46:03,942 --> 00:46:05,082
or anything like that.

641
00:46:05,702 --> 00:46:10,822
and the the because the piece even talks about it but um so i think the genesis mission was

642
00:46:10,822 --> 00:46:15,862
going to happen regardless of who got elected trump does it in a very gaudy fashion you know he

643
00:46:16,582 --> 00:46:23,702
he wraps it in 24 karat gold like a gold leaf like like that everything everything he does is like

644
00:46:24,982 --> 00:46:30,262
yeah buddy this is what we're doing i think you know when when other presidents do this kind of

645
00:46:30,262 --> 00:46:36,422
thing, at least my impression of it was, it was done in a whisper. It's like, yeah, we're

646
00:46:36,422 --> 00:46:43,382
partnering with these guys over here. And it had more code, but Trump is like, we need to do this.

647
00:46:43,382 --> 00:46:50,982
Otherwise, for the US, the US needs to win. We're going to be winners. And so I think that's why,

648
00:46:50,982 --> 00:46:57,942
like, but it's good because it alerts more of the general public to kind of what's going on

649
00:46:57,942 --> 00:47:05,362
and the government how kind of weird how much power it exercises yeah i think i think the biggest

650
00:47:05,362 --> 00:47:09,562
problem with this and maybe you can clue me in on this i think the biggest problem whenever you put

651
00:47:09,562 --> 00:47:15,442
everything under the guise of of one nation like this there's there's always like crevices and

652
00:47:15,442 --> 00:47:31,724
leaks and cracks and and what ends up happening is you have like one like one like one thing like kind of like the death star it like one thing that can actually topple the whole thing down And that the scary part I don think people pay too much attention to but if you look through history it always

653
00:47:31,804 --> 00:47:32,784
it's always been like that.

654
00:47:34,304 --> 00:47:34,704
Anyways,

655
00:47:35,204 --> 00:47:36,764
that was really,

656
00:47:36,884 --> 00:47:37,764
that's a really good article.

657
00:47:38,284 --> 00:47:38,944
Genesis mission.

658
00:47:39,024 --> 00:47:39,564
Definitely read it.

659
00:47:39,644 --> 00:47:40,464
It's definitely worth reading.

660
00:47:40,844 --> 00:47:45,044
The other one I want to bring up was actually before,

661
00:47:45,124 --> 00:47:46,024
before I bring this up,

662
00:47:46,024 --> 00:47:48,044
because it kind of ties into the whole Genesis mission.

663
00:47:48,284 --> 00:47:49,944
I want to jump to one of my posts real quick.

664
00:47:49,944 --> 00:47:54,624
So the cryptographer DJ Bernstein criticized his push to finalize post-quantum cryptography.

665
00:47:54,844 --> 00:47:56,924
This is not really a post-quantum cryptography post.

666
00:47:56,984 --> 00:47:58,424
This is more about Dan Bernstein.

667
00:47:59,004 --> 00:48:03,064
So Dan Bernstein, if you've never heard of him before, he is a...

668
00:48:03,064 --> 00:48:04,524
Here, let me see if I can read this correctly.

669
00:48:04,704 --> 00:48:05,364
Make sure I get it right.

670
00:48:05,844 --> 00:48:08,544
He designed the Salsa 20 StreamCipher in 2005.

671
00:48:08,964 --> 00:48:15,164
And then he also was the one who proposed the elliptic curve 25519 as a basis for public key schemes.

672
00:48:15,164 --> 00:48:23,224
and since 2014 when when open ssh is compiled with open ssl they power most of its operators

673
00:48:23,224 --> 00:48:31,204
open bst packaging signing is based on eds ed25519 so this guy is a very big person in the

674
00:48:31,204 --> 00:48:38,064
cryptography field um so the us the nsa is this post goes is from brent he posted on stacker news

675
00:48:38,064 --> 00:48:44,124
i don't think he got any attention at all but what's interesting is this one guy single-handedly

676
00:48:44,124 --> 00:48:47,184
kind of stepping up to the United States government.

677
00:48:47,704 --> 00:48:48,604
And this is on Slashdot.

678
00:48:48,664 --> 00:48:49,324
Remember Slashdot?

679
00:48:49,984 --> 00:48:53,484
So in October, Daniel Bernstein alleged

680
00:48:53,484 --> 00:48:55,844
that the America's National Security Agency

681
00:48:55,844 --> 00:48:58,144
were attempting to influence NIST

682
00:48:58,144 --> 00:49:01,464
to adopt weaker post-quantum cryptography standards

683
00:49:01,464 --> 00:49:02,684
without a hybrid approach

684
00:49:02,684 --> 00:49:04,184
that would have also included

685
00:49:04,184 --> 00:49:07,164
pre-quantum elliptic curve cryptography.

686
00:49:07,384 --> 00:49:08,984
Bernstein is of the opinion

687
00:49:08,984 --> 00:49:11,064
that given how many post-quantum proposals

688
00:49:11,064 --> 00:49:11,884
have been broken

689
00:49:11,884 --> 00:49:14,584
and the continuing flood of side channel attacks,

690
00:49:14,784 --> 00:49:16,444
any competent engineering evaluation

691
00:49:16,444 --> 00:49:18,564
will conclude that the best way to deploy

692
00:49:18,564 --> 00:49:20,704
post-quantum encryption for TLS

693
00:49:20,704 --> 00:49:22,444
and for the internet more broadly

694
00:49:22,444 --> 00:49:25,464
is as double encryption for post-quantum cryptography

695
00:49:25,464 --> 00:49:26,484
on top of ECC.

696
00:49:27,084 --> 00:49:30,364
But he says he's seen it playing out differently

697
00:49:30,364 --> 00:49:32,304
and he goes into it,

698
00:49:32,384 --> 00:49:33,744
but he also shares concerns

699
00:49:33,744 --> 00:49:36,504
about how the internet engineering task force

700
00:49:36,504 --> 00:49:37,804
is handling the discussion

701
00:49:37,804 --> 00:49:40,604
and argues that the document is even out of scope.

702
00:49:40,604 --> 00:50:00,064
So he's basically saying that the NSA and the United States government is purposely putting, kind of similar to what we were just talking about with the Genesis mission, is like they're purposely working down, or how would you say?

703
00:50:00,064 --> 00:50:06,444
They are weakening the cryptography so that way they can then exploit it later on.

704
00:50:07,544 --> 00:50:15,624
And he's talking about this publicly so much so that he actually is suing them in court.

705
00:50:15,804 --> 00:50:17,064
It's in the Wikipedia.

706
00:50:17,844 --> 00:50:21,404
And then this is from what Brent said.

707
00:50:21,404 --> 00:50:26,404
He said, the interstate has a history of international sabotage of cryptography standards,

708
00:50:26,404 --> 00:50:31,824
giving themselves and other adversaries sly backdoor access to presume private communications.

709
00:50:32,424 --> 00:50:36,864
So I thought this was insane. I've never heard of such a thing, to be honest.

710
00:50:37,164 --> 00:50:40,344
Oh, yeah. I've definitely heard of such a thing. I don't remember where I've seen,

711
00:50:40,684 --> 00:50:45,704
where I encountered this idea first. I mean, it just kind of makes sense. You have a standards body

712
00:50:45,704 --> 00:50:53,004
that is centralized and corruptible. And so if you're the NSA, why wouldn't you go in there and

713
00:50:53,004 --> 00:50:58,064
try to put your own back doors that are specific to you into it.

714
00:50:59,384 --> 00:51:05,004
I forget, I forget where I first encountered this stuff, but yeah,

715
00:51:05,204 --> 00:51:07,024
I mean, it just kind of makes sense.

716
00:51:07,204 --> 00:51:07,944
Like if you just get,

717
00:51:08,024 --> 00:51:11,304
if you can put yourself in the shoes of the NSA for a second,

718
00:51:12,144 --> 00:51:13,764
it's exactly what you'd want to do.

719
00:51:15,104 --> 00:51:15,544
Yeah.

720
00:51:15,544 --> 00:51:18,924
So I just wanted to bring everybody's attention because I think it's pretty

721
00:51:18,924 --> 00:51:22,404
concerning as somebody who just heard about this today.

722
00:51:22,404 --> 00:51:23,544
I was just like, damn.

723
00:51:24,344 --> 00:51:26,224
So when you couple that with the Genesis mission,

724
00:51:26,924 --> 00:51:28,344
things get really dark.

725
00:51:28,604 --> 00:51:28,824
Goob.

726
00:51:29,764 --> 00:51:30,924
Things get really dark.

727
00:51:31,064 --> 00:51:31,984
I wouldn't pair them together.

728
00:51:32,204 --> 00:51:33,064
That wouldn't be a dinner.

729
00:51:33,324 --> 00:51:33,624
I don't know.

730
00:51:34,224 --> 00:51:35,844
I want to talk to this guy, though.

731
00:51:36,044 --> 00:51:36,964
I want to talk to this guy.

732
00:51:37,284 --> 00:51:38,064
This dad guy.

733
00:51:38,844 --> 00:51:39,804
Or Daniel guy.

734
00:51:39,844 --> 00:51:40,484
I want to talk to him.

735
00:51:41,284 --> 00:51:41,624
Yeah.

736
00:51:41,764 --> 00:51:42,364
Why isn't he?

737
00:51:42,464 --> 00:51:43,024
Why isn't he?

738
00:51:43,504 --> 00:51:44,544
Why doesn't he have a podcast?

739
00:51:45,264 --> 00:51:47,724
I mean, he should be on podcasts talking about this.

740
00:51:48,144 --> 00:51:50,544
Anyways, somebody get him on a show or something.

741
00:51:50,544 --> 00:51:54,924
get them on what bitcoin did or something because like i feel like this is important

742
00:51:54,924 --> 00:51:57,764
this is really important and we should be talking about this

743
00:51:57,764 --> 00:52:06,604
anyways um so yeah let's jump back into the other so we can get to like the normal post now the

744
00:52:06,604 --> 00:52:12,404
so the other one i would show was the riz bot versus i show speed so apparently there's a uh

745
00:52:12,404 --> 00:52:16,464
this thing happened in austin believe it or not did you see that i posted this on

746
00:52:16,464 --> 00:52:25,744
would you like a compliment there's this uh this robot here um that was kind of set loose in austin

747
00:52:26,544 --> 00:52:33,104
uh and apparently he's suing or not the robot but the company that guy right there

748
00:52:33,104 --> 00:52:40,544
is suing this influencer for attacking his robot um so here it goes right here you'll see the you'll

749
00:52:40,544 --> 00:52:44,864
see him it's yeah there goes the affidavit look this so yeah here it goes right here so he's like

750
00:52:44,864 --> 00:52:45,944
pretending to box him.

751
00:52:46,764 --> 00:52:47,864
And then look, he just like,

752
00:52:48,564 --> 00:52:50,024
oh, I guess the robot tripped him.

753
00:52:50,044 --> 00:52:50,884
I didn't even see that.

754
00:52:52,244 --> 00:52:53,364
Oh, here goes her hair watch.

755
00:52:53,604 --> 00:52:54,884
So the guy gets mad.

756
00:52:56,024 --> 00:52:57,664
And hang on, let me see.

757
00:52:58,804 --> 00:52:59,724
Yeah, okay, so look.

758
00:52:59,804 --> 00:53:00,664
So this is what he does.

759
00:53:01,424 --> 00:53:02,224
He punches him.

760
00:53:04,964 --> 00:53:06,124
And he broke his neck.

761
00:53:07,284 --> 00:53:09,224
I think he even bent his face in a little bit.

762
00:53:09,704 --> 00:53:10,704
Yeah, and then look.

763
00:53:11,184 --> 00:53:12,344
This just starts beating him up.

764
00:53:12,964 --> 00:53:13,904
What do you think about that?

765
00:53:13,904 --> 00:53:21,804
is this a hate crime i don't think so i think it isn't i show speed like one of those like

766
00:53:21,804 --> 00:53:27,364
i don't know this guy he's like he has all the energy of something like tmz but he's like in a

767
00:53:27,364 --> 00:53:33,904
person i didn't where it's like always like lots of like manufactured his face is damaged johnny

768
00:53:33,904 --> 00:53:41,824
five dude johnny five is not alive isn't that crazy though i mean it's silly i don't but look

769
00:53:41,824 --> 00:53:45,384
So they actually sued that influencer.

770
00:53:46,204 --> 00:53:47,744
Well, yeah, he did damage to their property.

771
00:53:48,064 --> 00:53:49,924
I know, but look, but they're saying that it's like,

772
00:53:50,204 --> 00:53:51,664
and then the APD got involved.

773
00:53:53,204 --> 00:53:55,444
I know, but it said, I guess, well, it looks like I should,

774
00:53:55,744 --> 00:53:58,284
did they, maybe they purchased one of these robots,

775
00:53:58,444 --> 00:53:58,924
and then they're.

776
00:53:58,924 --> 00:54:01,664
It did look like the robot, if you go back to the video,

777
00:54:01,704 --> 00:54:03,224
it did look like he, like, tripped him, though,

778
00:54:03,304 --> 00:54:03,784
in the beginning.

779
00:54:03,904 --> 00:54:04,364
Did you see that?

780
00:54:04,364 --> 00:54:04,804
No, I think it was.

781
00:54:04,804 --> 00:54:05,604
Look, right there, like, right there, look.

782
00:54:05,604 --> 00:54:06,264
No, I think it was.

783
00:54:06,264 --> 00:54:07,224
He assaulted him first.

784
00:54:07,304 --> 00:54:08,404
Look, boom, he punched him.

785
00:54:09,244 --> 00:54:09,764
No, I think.

786
00:54:09,844 --> 00:54:10,624
I don't know, man.

787
00:54:10,624 --> 00:54:12,164
No, it's teleoperated.

788
00:54:12,344 --> 00:54:12,944
Look, look, look.

789
00:54:13,004 --> 00:54:14,324
But he assaulted him first.

790
00:54:14,444 --> 00:54:14,904
Look, look.

791
00:54:15,024 --> 00:54:16,044
The robot isn't a he.

792
00:54:16,204 --> 00:54:17,864
There's a person who's going to control the robot.

793
00:54:17,864 --> 00:54:19,564
Look, the robot assaulted him.

794
00:54:19,724 --> 00:54:20,144
Look, right here.

795
00:54:20,144 --> 00:54:20,484
Here it goes.

796
00:54:20,624 --> 00:54:21,624
Look, the robot assaulted him.

797
00:54:21,624 --> 00:54:22,784
He's in control of the robot.

798
00:54:23,004 --> 00:54:25,144
There's someone on his team in control of the robot swinging at him.

799
00:54:25,144 --> 00:54:26,684
No, but I'm saying if it's an assault.

800
00:54:27,564 --> 00:54:28,224
It's not an assault.

801
00:54:28,264 --> 00:54:29,344
The robot assaulted him.

802
00:54:29,544 --> 00:54:30,024
Look right here.

803
00:54:30,764 --> 00:54:31,404
No, it did it.

804
00:54:32,424 --> 00:54:33,064
Look right here.

805
00:54:33,724 --> 00:54:34,544
I get what you're saying.

806
00:54:34,664 --> 00:54:35,484
I've already described.

807
00:54:35,664 --> 00:54:36,404
Boom, he hit him.

808
00:54:36,984 --> 00:54:37,984
Now he can hit him back.

809
00:54:37,984 --> 00:54:38,864
I show speed.

810
00:54:39,264 --> 00:54:40,824
I show whatever his name is.

811
00:54:41,584 --> 00:54:44,844
His team, someone on his team is the one who's in control of the robot.

812
00:54:45,144 --> 00:54:45,704
I know, man.

813
00:54:45,764 --> 00:54:47,064
I feel like the robot got what he's deserved.

814
00:54:47,664 --> 00:54:48,104
Look at this.

815
00:54:48,344 --> 00:54:49,664
He broke his face, though, dude.

816
00:54:50,284 --> 00:54:51,404
He probably punches really hard.

817
00:54:51,464 --> 00:54:51,944
That's metal.

818
00:54:52,444 --> 00:54:52,744
Look.

819
00:54:53,784 --> 00:54:54,444
Isn't that crazy?

820
00:54:54,644 --> 00:54:54,984
He broke it.

821
00:54:54,984 --> 00:54:56,124
Look, he bent his face in.

822
00:54:57,564 --> 00:54:57,884
Dang.

823
00:54:58,704 --> 00:54:59,144
So I don't know.

824
00:54:59,144 --> 00:55:01,724
It looks, based on what I can see in the article,

825
00:55:01,724 --> 00:55:05,024
it looks like the company is suing mostly for reputational,

826
00:55:05,484 --> 00:55:07,484
like on reputational damages.

827
00:55:07,984 --> 00:55:09,244
like four reputational damages.

828
00:55:09,624 --> 00:55:12,724
I feel like this is all just a really good publicity stunt.

829
00:55:12,804 --> 00:55:16,444
Because even if you lose, you still got the juice from everybody talking about it.

830
00:55:16,444 --> 00:55:17,444
Yeah, worth the lawyer fees.

831
00:55:17,904 --> 00:55:19,024
Anyways, I thought that was hilarious.

832
00:55:20,864 --> 00:55:26,624
But the other thing I wanted to bring up, and this is the last one, was Texas.

833
00:55:28,724 --> 00:55:29,964
I don't know if you saw this.

834
00:55:30,064 --> 00:55:31,084
Hang on, let me go here.

835
00:55:31,084 --> 00:55:36,244
Texas becomes the first U.S. state to buy Bitcoin for its treasury.

836
00:55:37,064 --> 00:55:37,644
Did you see this?

837
00:55:37,984 --> 00:55:44,744
uh yeah i heard it got heard it bought bought etf shares boy lee uh yeah got them to buy

838
00:55:44,744 --> 00:55:49,304
first state to purchase bitcoin with 10 million investment on november 20th

839
00:55:49,304 --> 00:55:57,324
um yeah got the comptroller to buy it uh it's through blackrock so there you go oh you know

840
00:55:57,324 --> 00:56:02,204
yeah so it's in good and safe hands there you go larry fink it says they're eventually going to do

841
00:56:02,204 --> 00:56:06,884
custody i've heard i've heard rumors that they said texas he said correction texas purchased

842
00:56:06,884 --> 00:56:08,724
There's $5 million on November 20th.

843
00:56:09,124 --> 00:56:10,064
$10 million is allocated.

844
00:56:11,164 --> 00:56:11,704
Isn't that crazy?

845
00:56:12,884 --> 00:56:14,224
That is interesting.

846
00:56:14,944 --> 00:56:16,384
Where did the $10 million come from?

847
00:56:18,064 --> 00:56:18,744
What do you mean?

848
00:56:18,984 --> 00:56:19,284
I don't know.

849
00:56:19,404 --> 00:56:21,004
Where did they get it?

850
00:56:21,344 --> 00:56:22,584
Whose money are they spending?

851
00:56:22,724 --> 00:56:24,364
I think it's in here.

852
00:56:24,924 --> 00:56:26,884
It's not like Greg Abbott.

853
00:56:26,984 --> 00:56:28,624
He didn't take it out of his bank account, right?

854
00:56:30,624 --> 00:56:32,364
Or maybe Dorsey donated it?

855
00:56:32,364 --> 00:56:33,884
I mean, that's where a lot of the money is.

856
00:56:33,884 --> 00:56:35,884
I think it came from...

857
00:56:37,104 --> 00:56:38,524
Abbott signed it into law.

858
00:56:38,524 --> 00:56:42,284
I would guess they levied it in the form of taxes.

859
00:56:43,584 --> 00:56:44,184
Where is it?

860
00:56:44,224 --> 00:56:44,884
Taxi-recognitioners.

861
00:56:48,824 --> 00:56:49,544
Let me see.

862
00:56:49,804 --> 00:56:50,884
It's probably just...

863
00:56:51,424 --> 00:56:52,544
Well, the comptroller, right?

864
00:56:52,584 --> 00:56:53,424
So it had to be taxes.

865
00:56:53,884 --> 00:56:54,064
Yeah.

866
00:56:54,204 --> 00:56:55,944
So they took money from people.

867
00:56:56,824 --> 00:57:01,084
And rather than letting those people keep the money

868
00:57:01,084 --> 00:57:02,824
and store it in Bitcoin themselves,

869
00:57:02,824 --> 00:57:05,064
they're going to steal a film.

870
00:57:05,064 --> 00:57:06,284
I think that's big news, dude.

871
00:57:07,244 --> 00:57:08,504
You don't think it's big news?

872
00:57:08,684 --> 00:57:09,304
It's big news.

873
00:57:09,984 --> 00:57:12,004
Congratulations, the state of Texas.

874
00:57:12,784 --> 00:57:14,844
I think it's big news.

875
00:57:15,484 --> 00:57:17,584
For stealing money and buying Bitcoin with it

876
00:57:17,584 --> 00:57:19,084
rather than doing other things with it.

877
00:57:19,224 --> 00:57:22,764
I mean, that just proves that Texas is the place to be.

878
00:57:23,624 --> 00:57:26,784
I mean, yes, it is BlackRock, right?

879
00:57:26,784 --> 00:57:28,084
Like Siggy was saying.

880
00:57:29,024 --> 00:57:32,744
But it's still worth bringing up on the show, I think.

881
00:57:32,824 --> 00:57:34,964
or would you say not bring it up?

882
00:57:35,804 --> 00:57:36,924
Oh, I think it is news.

883
00:57:37,104 --> 00:57:37,764
I think it's news.

884
00:57:37,984 --> 00:57:41,284
But I just don't think it's anything to be...

885
00:57:41,284 --> 00:57:44,024
It doesn't make exact sense to be proud of.

886
00:57:44,024 --> 00:57:45,804
How much Bitcoin is that?

887
00:57:45,844 --> 00:57:46,284
Five million?

888
00:57:48,404 --> 00:57:49,124
I don't know.

889
00:57:49,184 --> 00:57:51,024
It's like a Sailor's Weekly Buy.

890
00:57:52,724 --> 00:57:54,544
It's only probably like 50 Bitcoin.

891
00:57:55,844 --> 00:57:56,004
Yeah.

892
00:57:57,504 --> 00:57:58,144
We'll see.

893
00:57:58,404 --> 00:57:59,984
Anyways, that was the last one that I had.

894
00:57:59,984 --> 00:58:03,584
do you want to get to Wumble's picks before we get to your picks

895
00:58:03,584 --> 00:58:07,644
sure I actually didn't spend much time on this

896
00:58:07,644 --> 00:58:09,364
so we'll do a bit of Wumble's picks

897
00:58:09,364 --> 00:58:13,544
this is Wumble's Wumble's Wumble's Wumble's Wumble's Wumble's

898
00:58:13,544 --> 00:58:15,884
picks Wumble's picks

899
00:58:15,884 --> 00:58:18,944
his picks was get instant disposable email addresses

900
00:58:18,944 --> 00:58:20,604
powered by Bitcoin Lightning Network

901
00:58:20,604 --> 00:58:23,924
this is from Supratic

902
00:58:23,924 --> 00:58:27,244
did you see this post the Ellen email

903
00:58:27,244 --> 00:58:29,644
yeah I think this project has been around for a while

904
00:58:29,644 --> 00:58:34,044
At least I recall it being mentioned somewhere before.

905
00:58:34,344 --> 00:58:36,564
There's a lot of these really cool, like lightning powered.

906
00:58:36,764 --> 00:58:38,944
Yeah, I used to see a lot of these, right, back in 21?

907
00:58:39,464 --> 00:58:44,384
Yeah, I mean, there was the guy who had the fax service, which was cool.

908
00:58:44,804 --> 00:58:48,084
He recently released a postcard service.

909
00:58:48,164 --> 00:58:48,784
Oh, that's cool.

910
00:58:48,924 --> 00:58:50,584
Yeah, which is really cool.

911
00:58:51,424 --> 00:58:52,984
But in this case, it's email.

912
00:58:53,404 --> 00:58:59,444
And Wumba wants us to, so you pay with a bit of Bitcoin on lightning.

913
00:58:59,644 --> 00:59:02,424
and you can get a private email address

914
00:59:02,424 --> 00:59:03,584
and send and receive from it.

915
00:59:03,624 --> 00:59:05,164
I don't know exactly what the rates are,

916
00:59:05,264 --> 00:59:08,784
but I would guess it's either based on,

917
00:59:08,844 --> 00:59:10,464
it's probably based somewhat on usage.

918
00:59:10,724 --> 00:59:13,324
So like the number of emails you're receiving and sending.

919
00:59:14,684 --> 00:59:17,424
But you can get access to a throwaway email address,

920
00:59:17,484 --> 00:59:18,084
which is nice.

921
00:59:20,304 --> 00:59:21,644
So Wombo asks,

922
00:59:21,764 --> 00:59:23,444
would more of these types of services

923
00:59:23,444 --> 00:59:24,964
that only accept Bitcoin

924
00:59:24,964 --> 00:59:26,704
encourage more people to use Bitcoin?

925
00:59:28,304 --> 00:59:29,264
I think so.

926
00:59:29,264 --> 00:59:38,984
I think, yeah, if like there's no other way to get the service, especially for privacy focused services, I think I think it would encourage more people to use Bitcoin.

927
00:59:39,124 --> 00:59:42,784
Is it like is this is what is this what mass adoption is going to be made of?

928
00:59:43,284 --> 00:59:44,224
Probably not.

929
00:59:45,524 --> 00:59:54,304
Unless we're really like unless we're in a world where lots of people want privacy and therefore need to kind of use these services like this.

930
00:59:54,304 --> 01:00:03,924
I mean, even something like Square switching over, even if all of its merchants switched over Bitcoin payments, I don't think that would be a mass adoption event either.

931
01:00:04,064 --> 01:00:13,584
I still think Gresham's Law is in play where I think people are going to spend their fiat until they only have Bitcoin, basically.

932
01:00:13,584 --> 01:00:25,844
So I and so we might never get there, but at least what's nice about Square's thing is that it's it's making more people acquainted with Bitcoin.

933
01:00:26,144 --> 01:00:32,124
The merchants are now they'll get a little bit of Bitcoin. It'll go up in value. They'll become Bitcoiners.

934
01:00:32,124 --> 01:00:41,264
Um, and so I think that's, that's, it's sort of kind of, it will snake its way, um, as sort of a,

935
01:00:41,264 --> 01:00:46,204
a savings, a savings technology. And I don't think it's even there. It's not, we haven't fully

936
01:00:46,204 --> 01:00:50,124
saturated the market in terms of savings technology anyway. Um, so that's my roughly

937
01:00:50,124 --> 01:00:53,024
my answer to that question. I don't know if you had a take on that question, car.

938
01:00:53,204 --> 01:00:56,764
Yeah. So I, I think like a lot, we're talking about Nostra earlier, right. And I think

939
01:00:56,764 --> 01:01:01,004
some of the cool things that are happening on Nostra, like if you just got rid of the Nostra

940
01:01:01,004 --> 01:01:07,424
piece, which is a lot of friction, and you just left the lightning stuff, I think you would have

941
01:01:07,424 --> 01:01:13,864
a lot more people using your app personally. I think one of the things that Nostra does is

942
01:01:13,864 --> 01:01:17,384
introduce a lot of friction. And it's not a popular take that I'm saying right now,

943
01:01:17,424 --> 01:01:23,104
and people will hate me for saying it, but it's just true. And this is a perfect example of not

944
01:01:23,104 --> 01:01:28,524
having Nostra integration. I'm not saying not to ever have it. I'm just saying it just makes things

945
01:01:28,524 --> 01:01:33,344
very easy for the average person just to go over there and to use it without having to figure out

946
01:01:33,344 --> 01:01:39,884
what an NSEC is and like all that stuff and log in and then download a you know a thing and then

947
01:01:39,884 --> 01:01:43,724
before you know you're just like gonna give up because it's just like too much work when in

948
01:01:43,724 --> 01:01:49,824
reality one of the cool things about stacker.news early on was just like scanning your scanning the

949
01:01:49,824 --> 01:01:55,064
thing with the lightning wallet and then logging in that was really cool but uh we're not there yet

950
01:01:55,064 --> 01:01:58,504
with Nostra and maybe we'll be there in the future. But I think one of the cool things about

951
01:01:58,504 --> 01:02:03,324
having more Lightning and Bitcoin apps is that you don't have to have an identity to use it.

952
01:02:03,884 --> 01:02:10,044
And I miss those days. Yeah, I think I hear your point. I think especially there's, I see,

953
01:02:10,264 --> 01:02:14,944
I think where you're especially right is where I see people building apps that don't even really

954
01:02:14,944 --> 01:02:18,504
leverage Nostra in any significant way. They don't, it doesn't, don't really take advantage

955
01:02:18,504 --> 01:02:23,344
of what Nostra is for, yet they're building it on Nostra. And so they're, they're kind of like

956
01:02:23,344 --> 01:02:30,544
limiting their access to a broader market by requiring people to also be familiar with Nostar

957
01:02:30,544 --> 01:02:34,244
to use their product. Which no one's going to use. Which is just, I think it's not yet. It's just too

958
01:02:34,244 --> 01:02:40,784
early. But I do think there's, of course, a bunch of benefits to Nostar in general. But yeah, it is

959
01:02:40,784 --> 01:02:48,484
nice to see a good old-fashioned service using Bitcoin that doesn't exist within one ecosystem

960
01:02:48,484 --> 01:02:55,604
them and have like require you to adopt a paradigm like it requires a paradigm it's not even a

961
01:02:55,604 --> 01:03:01,064
paradigm it's a whole narrative yeah well you have to like first you have to first you have to adopt

962
01:03:01,064 --> 01:03:05,844
first you have to adopt the sound money narrative and that's a whole rabbit hole and then after you

963
01:03:05,844 --> 01:03:10,044
adopt that narrative then you have to go and adopt this whole like freedom technology narrative

964
01:03:10,044 --> 01:03:15,744
which is a whole another rabbit hole and i'm telling you man it's just not possible it's not

965
01:03:15,744 --> 01:03:22,124
it's not possible it's two rabbit holes uh let's just let's just be real about what's going on here

966
01:03:22,124 --> 01:03:26,344
there's two rabbit holes one rabbit hole at a time one rabbit hole at a time like let's just

967
01:03:26,344 --> 01:03:34,864
like yeah i would say nostril is a great place for a test bed like to go do test bed stuff on there

968
01:03:34,864 --> 01:03:40,164
like use it as a good test test case study vibe code the shit out of it and then bring it to

969
01:03:40,164 --> 01:03:47,344
bitcoin and lightning that's what i would do that's what i recommend okay well um anyways that

970
01:03:47,344 --> 01:03:52,724
was it yeah a bit of a tangent but that's roughly you know how do you get people to use bitcoin you

971
01:03:52,724 --> 01:04:00,064
can kind of you know we'd see early signs of bitcoin like adoption things with no stir and so

972
01:04:00,064 --> 01:04:04,884
um that's how that might tie in and the other question one bow had was do you guys have any

973
01:04:04,884 --> 01:04:10,284
other services powered by lightning that you wish someone would build or create now this makes me

974
01:04:10,284 --> 01:04:13,504
wish i had read these questions earlier because i could have thought about all the ones that are

975
01:04:13,504 --> 01:04:17,504
in oscar just bring them over to bitcoin and lightning only that's what i would say well

976
01:04:17,504 --> 01:04:22,604
what's your favorite one or what's one on what's one so i would say the ones that do it really well

977
01:04:22,604 --> 01:04:26,744
these are the ones that do it really well where you don't even realize that you're using oscar

978
01:04:26,744 --> 01:04:33,644
so like wave lake so like fountain so like you know like those right off the bat do it really

979
01:04:33,644 --> 01:04:35,404
where we don't even realize that you're using Nostra.

980
01:04:35,884 --> 01:04:38,984
So I think if you're going to build something,

981
01:04:39,604 --> 01:04:41,564
build it to where you don't even know that you're using Nostra.

982
01:04:41,564 --> 01:04:42,764
I would even argue Primal.

983
01:04:42,964 --> 01:04:46,424
You don't even probably notice that you're using Nostra on Primal.

984
01:04:46,644 --> 01:04:47,184
I would note it.

985
01:04:47,464 --> 01:04:49,604
Unless the only reason that you know that you're using Nostra

986
01:04:49,604 --> 01:04:51,244
is because everybody's saying Nostra, Nostra, Nostra.

987
01:04:51,784 --> 01:04:54,064
But if you're the average person,

988
01:04:54,564 --> 01:04:56,624
you wouldn't even notice that you're using...

989
01:04:56,624 --> 01:04:58,304
They wouldn't even know that they're using Nostra.

990
01:04:58,704 --> 01:05:00,304
And I think you need to build more apps

991
01:05:00,304 --> 01:05:08,164
that are just like lightning only um bitcoin only okay but he's those over yeah but he's asking

992
01:05:08,164 --> 01:05:13,464
uh specifically one would someone would build or create that would be powered by lightning and

993
01:05:13,464 --> 01:05:18,124
and so you've you've listed ones that are already powered by uh which which one would i love to see

994
01:05:18,124 --> 01:05:25,844
i want to see a telehealth app that is bitcoin lightning only okay telehealth okay so you want

995
01:05:25,844 --> 01:05:31,344
to pay a doctor a remote doctor to diagnose you and prescribe you medication and pay them with

996
01:05:31,344 --> 01:05:38,084
lightning yeah that's who you want to see yep okay that's that's pretty specific um

997
01:05:38,084 --> 01:05:43,704
i don't know exactly what i want yet i'll have i haven't thought about this really at all

998
01:05:43,704 --> 01:05:52,624
uh because i think people are still thinking too too social it's like too social stuff it's like

999
01:05:52,624 --> 01:05:55,324
like let's figure out how to make revenue generating businesses.

1000
01:05:55,984 --> 01:06:00,064
And I think the telehealth apps, telehealth app is really hard because it's two sided marketplace.

1001
01:06:00,064 --> 01:06:10,824
But you could see a world where if you slowly build that out and you have like one or two doctors in a region or even a city,

1002
01:06:11,744 --> 01:06:14,404
you could have like a good group.

1003
01:06:16,224 --> 01:06:18,444
You don't even need to be a telehealth app.

1004
01:06:18,484 --> 01:06:22,284
It could be like a telework app, you know, maybe your favorite mechanic or something.

1005
01:06:22,284 --> 01:06:27,924
could basically be like a craigslist for uh for lightning and bitcoin i would love like i think

1006
01:06:27,924 --> 01:06:31,724
what i'm what i'm begun to think about is maybe like some kind of package delivery

1007
01:06:31,724 --> 01:06:36,264
this is like a problem that we have on with stacker news where we want to send things to

1008
01:06:36,264 --> 01:06:42,384
stackers maybe because they've you know it's just like sort of a prize or a reward for doing certain

1009
01:06:42,384 --> 01:06:46,324
things on stacker news and a lot of them don't want to give out their addresses rightfully um

1010
01:06:46,324 --> 01:06:55,484
But it'd be kind of cool if they could set up some kind of mailbox, some kind of service that we pay.

1011
01:06:56,284 --> 01:07:03,164
They're like a forwarding service, and we actually mail packages to the service, and that stacker can set it up there.

1012
01:07:03,344 --> 01:07:07,544
We pay money to that service to forward the package onto the stacker, maybe.

1013
01:07:07,964 --> 01:07:09,544
I don't know how that would work exactly.

1014
01:07:09,784 --> 01:07:13,884
Yeah, I feel like once you get the real world involved, you're asking for all sorts of legal trouble.

1015
01:07:13,884 --> 01:07:17,984
yeah yeah that's what that's why but that's kind of what i want that's where that's where that's

1016
01:07:17,984 --> 01:07:22,744
where bitcoin becomes exciting yeah but you just can't do that with like money and then

1017
01:07:22,744 --> 01:07:27,684
under the authoritarian authoritarian regime that we're in which is the united states of america like

1018
01:07:27,684 --> 01:07:34,604
you can't mix those two things man you're just asking to go to you know just not maybe in a

1019
01:07:34,604 --> 01:07:39,064
different country i would say you're probably able to do that maybe i just don't think you can do that

1020
01:07:39,064 --> 01:07:42,944
in america and get away with it because they're gonna they're gonna pop you for like something

1021
01:07:42,944 --> 01:07:49,284
somebody's going to be a bozo and like send you know drugs or something yeah uh i mean that's fair

1022
01:07:49,284 --> 01:07:53,144
but i don't um then you're gonna go you're gonna go to joe for holding the bag you know

1023
01:07:53,144 --> 01:07:58,984
uh i don't know but uh yeah i don't know i don't know of any i you know so i'd have to think about

1024
01:07:58,984 --> 01:08:05,084
this more to really figure it out but i love these little i love these like micro sass is kind of what

1025
01:08:05,084 --> 01:08:09,824
how i would describe them that are powered by lightning and they're probably pretty lean there's

1026
01:08:09,824 --> 01:08:15,864
another one called like sats host um oh like a gumroad like a gumroad it's not gumroad it's like

1027
01:08:15,864 --> 01:08:22,004
a web it's a static website hoster and you pay with lightning i believe or maybe on chain bitcoin

1028
01:08:22,004 --> 01:08:27,644
you can pay with too but you pay a very small amount um and they'll statically host your

1029
01:08:27,644 --> 01:08:32,944
your website for you i told uh i told i was talking to justin this week i told justin that

1030
01:08:32,944 --> 01:08:37,924
he needs to build a just from shock net i told him that he needs to build like a kind of like

1031
01:08:37,924 --> 01:08:40,084
just a product inventory.

1032
01:08:40,624 --> 01:08:41,544
So that way people,

1033
01:08:41,824 --> 01:08:43,144
kind of like a McDonald's menu

1034
01:08:43,144 --> 01:08:44,564
where you like select what you want

1035
01:08:44,564 --> 01:08:46,544
and then just a QR thing pops up

1036
01:08:46,544 --> 01:08:47,924
and you just pay it.

1037
01:08:48,364 --> 01:08:49,944
So we can have that for the hackerspace

1038
01:08:49,944 --> 01:08:50,664
where you just like,

1039
01:08:51,104 --> 01:08:51,864
you pick a thing

1040
01:08:51,864 --> 01:08:52,724
and then you just pay it

1041
01:08:52,724 --> 01:08:53,764
and then pops up, pays it.

1042
01:08:54,204 --> 01:08:56,044
Like it's basically like a McDonald's kiosk basically.

1043
01:08:56,444 --> 01:08:58,344
And I want to do that with just like lightning.

1044
01:08:59,264 --> 01:09:00,644
It doesn't need to keep inventory track

1045
01:09:00,644 --> 01:09:01,224
or anything like that.

1046
01:09:01,264 --> 01:09:03,344
It's just for the fridge and snacks and stuff.

1047
01:09:04,064 --> 01:09:05,084
And I was telling him,

1048
01:09:05,104 --> 01:09:05,944
I was like, man, dude,

1049
01:09:05,944 --> 01:09:06,944
you should just build one of those

1050
01:09:06,944 --> 01:09:07,924
and I would totally use it.

1051
01:09:08,264 --> 01:09:10,444
I imagine Ellenbits has something like that.

1052
01:09:10,504 --> 01:09:11,124
I bet Darth Cardinal.

1053
01:09:11,124 --> 01:09:12,144
Yeah, but Ellenbits is.

1054
01:09:13,424 --> 01:09:14,244
Ellenbits is?

1055
01:09:15,964 --> 01:09:16,324
Ellenbits.

1056
01:09:16,444 --> 01:09:17,764
Ellenbits is blank.

1057
01:09:18,844 --> 01:09:20,644
Anyways, but I think that would be really cool,

1058
01:09:20,744 --> 01:09:22,724
but I don't want to use, like, you know,

1059
01:09:23,084 --> 01:09:24,804
I want to use something that's going to work.

1060
01:09:26,464 --> 01:09:26,744
You know?

1061
01:09:27,164 --> 01:09:27,544
Anyways.

1062
01:09:29,364 --> 01:09:30,284
Cool stuff.

1063
01:09:30,524 --> 01:09:30,724
Wumble.

1064
01:09:31,384 --> 01:09:32,084
Wumble's picks.

1065
01:09:32,624 --> 01:09:33,304
Wumble's picks.

1066
01:09:33,604 --> 01:09:34,164
He picks them.

1067
01:09:34,384 --> 01:09:35,844
He picks them and we talk about them.

1068
01:09:35,844 --> 01:09:36,644
We talk about them.

1069
01:09:36,944 --> 01:09:39,924
It's always a spicy one, just like today's.

1070
01:09:41,084 --> 01:09:43,644
We're going to jump into Keon's picks, if he has any.

1071
01:09:44,164 --> 01:09:45,104
Oh, okay, yeah.

1072
01:09:45,604 --> 01:09:46,404
What's your pick?

1073
01:09:46,984 --> 01:09:49,664
One of the picks is from South Korea, LN.

1074
01:09:49,924 --> 01:09:52,204
They went to Hawaii and...

1075
01:09:52,204 --> 01:09:52,864
Was it this week?

1076
01:09:53,364 --> 01:09:53,744
Yeah.

1077
01:09:54,944 --> 01:09:58,084
My second shop to pay with Lightning in Hawaii, I think...

1078
01:09:58,084 --> 01:09:58,644
Oh, there it goes.

1079
01:09:59,044 --> 01:10:00,744
The week before they went and bought coffee,

1080
01:10:01,164 --> 01:10:02,984
I think they found some Square merchants

1081
01:10:02,984 --> 01:10:05,044
that had turned on Bitcoin on their terminals.

1082
01:10:05,044 --> 01:10:10,024
So they bought coffee last week and this week he went to a ukulele shop.

1083
01:10:10,944 --> 01:10:13,744
You know, if you're going to buy a ukulele, better do it in Hawaii.

1084
01:10:13,864 --> 01:10:16,184
Cause that's kind of, I think that's like the origin of the instrument.

1085
01:10:17,704 --> 01:10:23,404
And so he bought two ukuleles in Hawaii and was able to pay with Bitcoin.

1086
01:10:23,824 --> 01:10:24,884
Was he able to bring them back?

1087
01:10:25,784 --> 01:10:26,784
Why wouldn't they let him?

1088
01:10:27,004 --> 01:10:27,464
Oh, cool.

1089
01:10:27,584 --> 01:10:29,144
He didn't fill them with drugs, I imagine.

1090
01:10:29,784 --> 01:10:30,084
Whoa.

1091
01:10:30,584 --> 01:10:31,584
Or anything like that.

1092
01:10:31,864 --> 01:10:32,684
Or sand.

1093
01:10:32,684 --> 01:10:39,124
i mean it's not a bad idea but um like grow some good cheap out there you know i mean

1094
01:10:39,124 --> 01:10:45,824
dude when i went to hawaii we went to maui when i was like oh man uh i think i was like 20

1095
01:10:45,824 --> 01:10:52,604
like 20 i think i was like 20 and uh this was before 9-11 and uh the people that i was with

1096
01:10:52,604 --> 01:10:59,344
they were able to sneak marijuana onto the over the plane this is how this is how easy it was

1097
01:10:59,344 --> 01:11:01,384
back then, pre-9-11.

1098
01:11:01,384 --> 01:11:02,324
Is that crazy?

1099
01:11:02,324 --> 01:11:03,484
I don't know.

1100
01:11:03,484 --> 01:11:15,046
But I fly with when I was smoking a lot of weed I would fly with a couple joints in my bag really yeah no problem oh wow do they not check i don think they care i think they might they

1101
01:11:15,046 --> 01:11:18,506
might have seen him in the scanner but i have like you know i have like a couple of joints

1102
01:11:18,506 --> 01:11:24,186
it's like what are you gonna do no but back back then and i didn't smoke but uh i still don't smoke

1103
01:11:24,186 --> 01:11:31,166
but he he brought like a pipe and a bag it was a bag it was like yeah fine with it was it was just

1104
01:11:31,166 --> 01:11:35,826
like damn bro like brought like a kit yeah he brought like a kit i was just like dang that's a

1105
01:11:35,826 --> 01:11:40,966
lot of marijuana like how did you do that but it was i guess he wanted to have a good time

1106
01:11:40,966 --> 01:11:45,346
yeah i don't you really don't need that much weed to have a good time unless you're you have like

1107
01:11:45,346 --> 01:11:51,566
very high tolerance but um yeah uh he bought some ukuleles i imagine he's going to if he's not

1108
01:11:51,566 --> 01:11:57,086
living in hawaii i imagine he's going to take them back with them he said that he had that he said

1109
01:11:57,086 --> 01:11:58,886
that the person who was manning the counter

1110
01:11:58,886 --> 01:12:00,966
was, I think, he thought it was the owner's wife

1111
01:12:00,966 --> 01:12:02,846
who wasn't actually familiar with the Bitcoin part,

1112
01:12:02,906 --> 01:12:05,386
so he had to kind of encourage them.

1113
01:12:05,726 --> 01:12:07,026
I wonder if it was in Honolulu.

1114
01:12:07,186 --> 01:12:08,266
They have a big...

1115
01:12:08,266 --> 01:12:10,646
They have a meet-up and everything. What's her name?

1116
01:12:11,766 --> 01:12:12,926
They have a...

1117
01:12:12,926 --> 01:12:14,266
Gosh, I forget her name, but

1118
01:12:14,266 --> 01:12:17,106
she runs their community over there

1119
01:12:17,106 --> 01:12:18,406
in Honolulu. I forget her name.

1120
01:12:19,966 --> 01:12:21,006
The shop's name is called

1121
01:12:21,006 --> 01:12:22,206
Best Hawaii Ukulele.

1122
01:12:22,486 --> 01:12:24,246
Yeah, but there's a bunch of Bitcoiners in Hawaii, though.

1123
01:12:25,366 --> 01:12:26,206
Oh, I'd believe it.

1124
01:12:26,206 --> 01:12:28,666
Yeah, we knew some who used to be there.

1125
01:12:29,666 --> 01:12:30,566
Cool stuff.

1126
01:12:30,906 --> 01:12:31,766
What was the other one you had?

1127
01:12:31,906 --> 01:12:34,386
The other one was Elvis Mercury shared a post,

1128
01:12:34,626 --> 01:12:36,466
The Shape of the Game We Play.

1129
01:12:36,726 --> 01:12:38,066
Shape of the Game We Play?

1130
01:12:38,146 --> 01:12:38,906
Where's that one at?

1131
01:12:39,846 --> 01:12:41,526
It's above you.

1132
01:12:41,706 --> 01:12:42,226
It's up there.

1133
01:12:42,326 --> 01:12:44,666
It's like top six, I think six in the sixth.

1134
01:12:44,666 --> 01:12:45,366
Oh, this one, yeah.

1135
01:12:45,486 --> 01:12:46,866
Yeah, this one.

1136
01:12:47,786 --> 01:12:49,306
So this article is about,

1137
01:12:50,026 --> 01:12:54,686
the author argues that you can learn a lot

1138
01:12:54,686 --> 01:12:56,546
by reading business biographies,

1139
01:12:56,546 --> 01:12:58,386
or you can save yourself a lot of time

1140
01:12:58,386 --> 01:13:01,546
making mistakes running a business

1141
01:13:01,546 --> 01:13:03,526
by reading a lot of business biographies.

1142
01:13:03,666 --> 01:13:05,566
And they kind of discussed that point.

1143
01:13:05,646 --> 01:13:06,966
I guess they got some pushback in a comment

1144
01:13:06,966 --> 01:13:08,226
in one of their blogs about it,

1145
01:13:08,246 --> 01:13:08,966
where a guy is like,

1146
01:13:09,026 --> 01:13:12,646
there are some things you cannot learn by reading.

1147
01:13:13,386 --> 01:13:17,866
And I think the commenter used weightlifting as an example.

1148
01:13:18,026 --> 01:13:20,766
It's like, you can read books about weightlifting all day,

1149
01:13:20,886 --> 01:13:22,826
but at some point you kind of have to get in the gym

1150
01:13:22,826 --> 01:13:28,166
and there's a lot you learn there that you just cannot translate into a book form.

1151
01:13:28,426 --> 01:13:31,866
It is a lossy transform.

1152
01:13:33,866 --> 01:13:43,826
So Elvis uses this to, or part of what the person who wrote this post describes

1153
01:13:43,826 --> 01:13:49,206
is that we get kind of, part of the problem with only going to the gym

1154
01:13:49,206 --> 01:13:55,826
and never reading the book is you kind of are stuck with the limited experience that you have

1155
01:13:55,826 --> 01:14:05,366
while you're doing it, which is not going to be very thorough. A weightlifting book will probably

1156
01:14:05,366 --> 01:14:10,486
explore lots of different theories on weightlifting and lots of different research articles. But if

1157
01:14:10,486 --> 01:14:15,406
you only go to a gym, you might encounter, you might just adopt the weightlifting strategy of

1158
01:14:15,406 --> 01:14:20,906
your friend or, you know, better cases, maybe you have a personal trainer, but they, they might not

1159
01:14:20,906 --> 01:14:26,986
themselves have read all the weightlifting books. Um, but Elvis just uses that to describe how,

1160
01:14:26,986 --> 01:14:38,366
um, our view of things is like limited and we are, we are kind of blind, um, to things and we can get

1161
01:14:38,366 --> 01:14:45,106
really stuck in assuming things in the future are the way or are going to be the same, the same

1162
01:14:45,106 --> 01:14:47,066
as the way we've experienced them.

1163
01:14:48,026 --> 01:14:49,246
And it says here at the bottom,

1164
01:14:49,886 --> 01:14:51,486
ZERP is kind of one thing that's,

1165
01:14:51,626 --> 01:14:52,686
at the beginning of the article,

1166
01:14:52,806 --> 01:14:54,106
the author talks a lot about

1167
01:14:54,106 --> 01:14:55,886
how they kind of came up

1168
01:14:55,886 --> 01:14:58,006
during a zero interest rate period in tech

1169
01:14:58,006 --> 01:15:01,366
and how they were like surprised

1170
01:15:01,366 --> 01:15:04,626
when interest rates started going up in 2022

1171
01:15:04,626 --> 01:15:07,886
and how a lot of the practices

1172
01:15:07,886 --> 01:15:09,046
that were done at the startups

1173
01:15:09,046 --> 01:15:11,006
and tech companies that they occupied

1174
01:15:11,006 --> 01:15:12,646
had changed dramatically

1175
01:15:12,646 --> 01:15:15,126
as a result of that.

1176
01:15:15,166 --> 01:15:16,466
And they were like not prepared for that.

1177
01:15:16,526 --> 01:15:18,386
They just assumed that was the way things were done.

1178
01:15:20,006 --> 01:15:20,946
Yeah, I would even argue,

1179
01:15:21,026 --> 01:15:22,206
we were just talking about at the beginning of the show,

1180
01:15:22,266 --> 01:15:24,086
but I would even argue like even the Bitcoin ecosystem,

1181
01:15:24,746 --> 01:15:27,766
like before the ETF was completely different

1182
01:15:27,766 --> 01:15:29,646
than the post ETF.

1183
01:15:30,186 --> 01:15:32,826
And that was something that took me by surprise, personally.

1184
01:15:34,226 --> 01:15:35,446
I never expected,

1185
01:15:36,006 --> 01:15:38,326
like I knew like everything was going to change.

1186
01:15:38,326 --> 01:15:40,546
I just didn't expect the business side

1187
01:15:40,546 --> 01:15:41,806
of the ecosystem to change.

1188
01:15:41,806 --> 01:15:45,746
that abruptly in that different post-Bitcoin ETF.

1189
01:15:46,686 --> 01:15:48,866
And that's kind of what's taken me by surprise

1190
01:15:48,866 --> 01:15:51,066
is just how much everything has changed

1191
01:15:51,066 --> 01:15:53,126
post, I guess, the beginning of 2024

1192
01:15:53,126 --> 01:15:53,846
when it went through.

1193
01:15:55,046 --> 01:15:57,806
Yeah, I think I was surprised by the degree

1194
01:15:57,806 --> 01:16:01,446
to which people's attention follows the money.

1195
01:16:02,086 --> 01:16:06,126
Like, I thought, I knew the money would flow to the ETF,

1196
01:16:06,726 --> 01:16:09,266
but I didn't think people who were previously interested

1197
01:16:09,266 --> 01:16:11,466
in like the technology stuff

1198
01:16:11,466 --> 01:16:17,966
and the like, you know, cypher punky things would get, would just get, have their attention get

1199
01:16:17,966 --> 01:16:28,666
redirected to like Bitcoin bonds and ETFs and, you know, treasuries and strategic reserves.

1200
01:16:29,826 --> 01:16:35,146
But that appears to be what happens. I was definitely surprised by that. I was not surprised

1201
01:16:35,146 --> 01:16:40,746
by the tech, the one of my favorite, or one of the articles I've been sharing with a lot of founders

1202
01:16:40,746 --> 01:16:50,586
more recently is Paul Graham's article, Default Alive, where he argues like kind of the main,

1203
01:16:50,806 --> 01:16:55,046
you know, kind of what you always want your startup to be, to not have to make assumptions

1204
01:16:55,046 --> 01:17:01,566
about your financial future. So you kind of want to prepare maybe for, you know, things not going

1205
01:17:01,566 --> 01:17:09,826
financially in the right way. And so I've personally operated from the position of,

1206
01:17:09,826 --> 01:17:12,626
the financial future is extremely unpredictable

1207
01:17:12,626 --> 01:17:14,146
and I just kind of have to

1208
01:17:14,146 --> 01:17:16,706
if I can't assume

1209
01:17:16,706 --> 01:17:18,606
the best rosiest outcome financially

1210
01:17:18,606 --> 01:17:20,666
how would I run this business

1211
01:17:20,666 --> 01:17:21,346
and make it work

1212
01:17:21,346 --> 01:17:23,026
it's a great article

1213
01:17:23,026 --> 01:17:24,906
it references a lot

1214
01:17:24,906 --> 01:17:28,146
one of the

1215
01:17:28,146 --> 01:17:30,406
popular Toyota manufacturing books

1216
01:17:30,406 --> 01:17:31,206
I think it's like

1217
01:17:31,206 --> 01:17:33,206
something lean

1218
01:17:33,206 --> 01:17:35,426
I forget the exact name

1219
01:17:35,426 --> 01:17:37,406
but you know how they

1220
01:17:37,406 --> 01:17:39,666
the birth of lean right there

1221
01:17:39,666 --> 01:17:46,686
yes the birth of lean um and there's a there's a lot of cool uh stuff a lot of the stuff was

1222
01:17:46,686 --> 01:17:53,226
invented in japan in there because they they were like the major manufacturer um for the united

1223
01:17:53,226 --> 01:17:58,746
states when we became as we transitioned to consumers and so there's a lot like a lot of

1224
01:17:58,746 --> 01:18:04,026
this stuff was invented there um i would even say it's even more important now kind of just what you

1225
01:18:04,026 --> 01:18:09,386
said about the whole um default to live thing it's even more important now because what you have is

1226
01:18:09,386 --> 01:18:16,186
like this whole um this whole class of just i want to call them zombie companies such a

1227
01:18:16,186 --> 01:18:23,246
buzzword but you have this whole class of people and companies that are just you know propped up by

1228
01:18:23,246 --> 01:18:31,246
the um by the by the you know by the government or by their by their own little kind of group

1229
01:18:31,246 --> 01:18:38,746
and um and the game is no longer being up space ted the game is no longer being played fair

1230
01:18:38,746 --> 01:18:45,966
oh christmas space tat so it is not being played fair the financial side no i'm saying like when

1231
01:18:45,966 --> 01:18:51,106
you were talking about like the default alive i would even argue that even now it's even more

1232
01:18:51,106 --> 01:18:56,386
important to have that kind of framing for your startup for your company because the game is not

1233
01:18:56,386 --> 01:19:02,666
fair anymore it's not even like it's uh the we were talking about earlier with the whole ai stuff

1234
01:19:02,666 --> 01:19:07,546
like it's it's more about who you know and then kind of the network that it grows then then it

1235
01:19:07,546 --> 01:19:10,646
has to do with than anything else these days.

1236
01:19:10,706 --> 01:19:12,346
And it's even gotten worse with that.

1237
01:19:13,166 --> 01:19:15,066
And it's going to continue to get worse with that.

1238
01:19:15,446 --> 01:19:19,166
And that was always something that was always said,

1239
01:19:19,266 --> 01:19:20,886
oh, you know, your network is your net worth,

1240
01:19:20,986 --> 01:19:21,746
you know, that kind of thing.

1241
01:19:21,846 --> 01:19:25,366
But now it's like, that's all you need.

1242
01:19:26,446 --> 01:19:29,326
I would even argue that's the only thing you need

1243
01:19:29,326 --> 01:19:32,126
to build a company these days is just your network.

1244
01:19:32,386 --> 01:19:34,346
I wonder if there's a more general point.

1245
01:19:34,966 --> 01:19:37,486
You don't even need to have revenue anymore.

1246
01:19:37,546 --> 01:19:44,126
You literally just need the right people in your little kind of network, and that'll get you all the way there.

1247
01:19:44,346 --> 01:19:50,606
It's kind of sad, but that's where we're at because they can fake revenue now.

1248
01:19:51,506 --> 01:19:56,326
I mean, that's literally what NVIDIA is doing, or that's what that article says that NVIDIA is doing.

1249
01:19:57,266 --> 01:19:57,466
Yeah.

1250
01:19:57,566 --> 01:19:57,886
Anyways.

1251
01:19:57,886 --> 01:20:07,006
I'm curious if there's a more general point to be made about social systems trend towards politicization.

1252
01:20:07,546 --> 01:20:09,286
maybe, you know, maybe

1253
01:20:09,286 --> 01:20:12,086
there's a popular article that, or an article

1254
01:20:12,086 --> 01:20:13,446
I really like called

1255
01:20:13,446 --> 01:20:15,926
Geeks, Mops, and Sociopaths.

1256
01:20:15,926 --> 01:20:17,426
Yeah, I remember that. It's about this kind of like

1257
01:20:17,426 --> 01:20:18,806
subculture evolution.

1258
01:20:19,666 --> 01:20:21,346
And I wonder, like, it

1259
01:20:21,346 --> 01:20:23,546
kind of describes a transition where you have

1260
01:20:23,546 --> 01:20:25,706
a very meritocratic kind of

1261
01:20:25,706 --> 01:20:27,286
subculture that

1262
01:20:27,286 --> 01:20:29,686
eventually becomes like heavily politicized

1263
01:20:29,686 --> 01:20:32,086
or like co-opted by sociopaths

1264
01:20:32,086 --> 01:20:33,246
basically. But that,

1265
01:20:33,246 --> 01:20:35,106
I think that is just like

1266
01:20:35,106 --> 01:20:37,006
a politicization process

1267
01:20:37,006 --> 01:20:40,546
that happens in a social system.

1268
01:20:41,246 --> 01:20:45,966
And that appears to be kind of what's happened in Bitcoin

1269
01:20:45,966 --> 01:20:50,166
as a result of maybe, you know, maybe it's the ETFs,

1270
01:20:50,226 --> 01:20:50,486
maybe it's other things.

1271
01:20:50,486 --> 01:20:51,106
I think it's the ETF.

1272
01:20:51,406 --> 01:20:54,706
Yeah, I mean, it definitely coincides with the ETF.

1273
01:20:54,746 --> 01:20:55,526
Yeah, it's the ETF.

1274
01:20:55,686 --> 01:20:58,746
I wouldn't put any other blame on it anywhere else.

1275
01:20:59,386 --> 01:21:00,306
And that's fine.

1276
01:21:00,366 --> 01:21:01,166
It's just what it is.

1277
01:21:01,166 --> 01:21:03,406
It's just that that was the thing that kind of took me by surprise.

1278
01:21:03,846 --> 01:21:05,386
I knew it was going to change things.

1279
01:21:05,386 --> 01:21:07,826
I just didn't realize it was going to change things from the inside that much.

1280
01:21:08,686 --> 01:21:11,706
And it's definitely, it's even gotten the builders to quit.

1281
01:21:12,546 --> 01:21:16,306
You're even seeing less and less Bitcoin lightning builders than ever now.

1282
01:21:17,566 --> 01:21:22,146
And it's kind of sad because there are just not as many as there once was.

1283
01:21:24,366 --> 01:21:24,726
Anyways.

1284
01:21:26,226 --> 01:21:27,326
I think that'll change.

1285
01:21:27,706 --> 01:21:28,646
Yeah, I think it'll change in time.

1286
01:21:28,686 --> 01:21:29,426
We just got to keep going.

1287
01:21:30,726 --> 01:21:35,266
Yeah, I think there's just, Bitcoin culture is in a mood of like,

1288
01:21:35,386 --> 01:21:39,366
building doesn't really make sense because we can kind of make money in other ways

1289
01:21:39,366 --> 01:21:44,306
i think that's like the mood that's like the sense that people have about bitcoin right now

1290
01:21:44,306 --> 01:21:52,766
yeah we're in this nanny state everywhere um cool i think that's all i got here

1291
01:21:52,766 --> 01:22:00,286
on wait where's the uh okay let me see here i think that's i think that's all i got do you

1292
01:22:00,286 --> 01:22:07,246
have anything else uh what did uh no that i had two uh she had a meta um i don't think we had

1293
01:22:07,246 --> 01:22:12,406
meta this week okay we've been doing like bug fixes that we don't announce okay and then uh

1294
01:22:12,406 --> 01:22:17,786
so pleb poet had her she's not here today but she had her uh happy thanksgiving snacker news zine

1295
01:22:17,786 --> 01:22:23,206
um do you take a look at this i did take a look at it see if the web version is pretty great i

1296
01:22:23,206 --> 01:22:29,286
like fall a lot i'm a big i'm a fall girl i'm a pumpkin spice girl so i love i love uh

1297
01:22:29,286 --> 01:22:32,126
I love a good fall game.

1298
01:22:34,566 --> 01:22:35,006
Oh, man.

1299
01:22:35,066 --> 01:22:35,646
It's not loading.

1300
01:22:35,726 --> 01:22:36,686
Pump and spice latte.

1301
01:22:36,686 --> 01:22:37,806
Pumpkin spice latte?

1302
01:22:38,666 --> 01:22:39,346
Oh, yeah.

1303
01:22:39,526 --> 01:22:41,386
Can you have that hot or no?

1304
01:22:42,086 --> 01:22:43,766
Oh, you can definitely have it hot, bro.

1305
01:22:43,906 --> 01:22:44,606
Oh, I do not.

1306
01:22:44,686 --> 01:22:45,286
Of course, yeah.

1307
01:22:45,386 --> 01:22:46,386
I mean, you want to warm up?

1308
01:22:46,606 --> 01:22:46,986
I like it.

1309
01:22:47,046 --> 01:22:48,906
I like an iced pumpkin spice latte.

1310
01:22:49,106 --> 01:22:50,626
Put a fire on your Samsung?

1311
01:22:51,726 --> 01:22:52,046
Bro.

1312
01:22:52,686 --> 01:22:54,026
A little pumpkin spice latte?

1313
01:22:54,586 --> 01:22:55,326
It's not loading.

1314
01:22:55,326 --> 01:22:56,046
Living in the woods.

1315
01:22:56,046 --> 01:22:57,886
Anyways, but check it out.

1316
01:22:57,986 --> 01:22:58,606
Get yours.

1317
01:22:59,286 --> 01:23:02,806
And, yeah, it's a festive one on Stacker News.

1318
01:23:03,066 --> 01:23:03,686
Yeah, it's not loving.

1319
01:23:04,306 --> 01:23:05,046
Probably because we're streaming.

1320
01:23:05,826 --> 01:23:06,726
But, yeah, look at this.

1321
01:23:07,286 --> 01:23:07,726
Look at it.

1322
01:23:07,726 --> 01:23:08,586
It's got leaves on it.

1323
01:23:08,626 --> 01:23:09,646
I think those are hand-drawn.

1324
01:23:10,646 --> 01:23:11,726
Or they could be real leaves.

1325
01:23:12,046 --> 01:23:14,246
But there's also flowers, which conflicts,

1326
01:23:14,366 --> 01:23:18,426
because you don't really have fall flowering, really, I don't think.

1327
01:23:18,566 --> 01:23:21,046
Why embrace the system that Bitcoin was created to destroy?

1328
01:23:21,966 --> 01:23:24,026
That's the question of the year, I would say.

1329
01:23:24,686 --> 01:23:28,366
That's probably a quote from Siggy's article about Luke.

1330
01:23:28,366 --> 01:23:34,806
and then um our perpetual thankfulness why are you thankful for yeah those are all the four all

1331
01:23:34,806 --> 01:23:42,506
of our things all our thanksgiving posts over the years nice yeah cool stuff um and then we're gonna

1332
01:23:42,506 --> 01:23:47,786
jump into the comments we had a lot of youtube comments one came from this guy about the uh

1333
01:23:47,786 --> 01:23:53,926
fleeing the fleeing your country he said don't come to ireland we are full you will you will

1334
01:23:53,926 --> 01:23:58,506
will live in a tent bro some of us do live in tents like literally like a lot of bet corners

1335
01:23:58,506 --> 01:24:04,906
bet corners don't give a fuck dude so all right you're here first and then the other one was from

1336
01:24:04,906 --> 01:24:09,346
the societal decay one the mark andreason says yeah it's the wrong side of the meme she's the

1337
01:24:09,346 --> 01:24:15,826
bad person in the interview was she the bad person in the interview i guess she was right oh um she

1338
01:24:15,826 --> 01:24:20,386
was yes she's the one asking the question yeah mark mark andreason shared the picture of the

1339
01:24:20,386 --> 01:24:25,006
the interviewer who is the bad person and he's kind of using her to represent

1340
01:24:25,006 --> 01:24:25,446
himself.

1341
01:24:25,666 --> 01:24:27,646
So I think that's what confused people about the meme.

1342
01:24:28,086 --> 01:24:28,366
Yeah.

1343
01:24:28,606 --> 01:24:29,286
You need to go to bed.

1344
01:24:29,326 --> 01:24:29,946
Good points.

1345
01:24:30,266 --> 01:24:30,526
Twitty.

1346
01:24:30,866 --> 01:24:32,626
And then the other one was from no,

1347
01:24:32,686 --> 01:24:33,806
this is your need for a bit four,

1348
01:24:33,866 --> 01:24:33,926
four,

1349
01:24:33,966 --> 01:24:34,166
four.

1350
01:24:34,246 --> 01:24:34,526
He said,

1351
01:24:34,586 --> 01:24:35,046
ready knots.

1352
01:24:35,166 --> 01:24:35,386
We,

1353
01:24:35,586 --> 01:24:35,966
we,

1354
01:24:36,046 --> 01:24:37,126
the Bitcoin support bit four,

1355
01:24:37,226 --> 01:24:37,326
four,

1356
01:24:37,406 --> 01:24:37,646
four.

1357
01:24:38,346 --> 01:24:39,366
We think about that one.

1358
01:24:40,306 --> 01:24:40,486
Well,

1359
01:24:40,486 --> 01:24:40,886
I don't think,

1360
01:24:40,886 --> 01:24:42,866
I don't think COVID is a scam for five,

1361
01:24:42,946 --> 01:24:43,126
five,

1362
01:24:43,226 --> 01:24:44,786
six speaks for all Bitcoiners.

1363
01:24:44,906 --> 01:24:45,746
I would just,

1364
01:24:45,826 --> 01:24:46,846
I'm just going to,

1365
01:24:46,886 --> 01:24:47,246
it's my own.

1366
01:24:47,286 --> 01:24:48,246
It's a theory I have,

1367
01:24:48,346 --> 01:24:49,926
but there you go.

1368
01:24:50,126 --> 01:24:50,366
Yeah.

1369
01:24:50,386 --> 01:24:53,906
these are all the comments on youtube man they're getting there's getting more and more and more

1370
01:24:53,906 --> 01:24:58,306
comments on youtube which is kind of crazy bring it there's and they're dude the peter teal one is

1371
01:24:58,306 --> 01:25:03,826
like i want to answer those but at the same time i'm just like there's just too many too many to

1372
01:25:03,826 --> 01:25:09,666
answer those it is a there's a certain level of quality of a youtube comment if you come on if

1373
01:25:09,666 --> 01:25:15,726
you come on stacker.news and tag me i'll answer them it's like a like a um what is the what is

1374
01:25:15,726 --> 01:25:20,686
the hipster beer is it pabst pabst blue ribbon yeah it's like a pabst blue ribbon of comments

1375
01:25:20,686 --> 01:25:25,426
like that's kind of what you get on youtube it's like well the hipster beer in austin is lone star

1376
01:25:25,426 --> 01:25:31,086
so yeah that's why that's why i forgot about it because i it's been a long time since i've had a

1377
01:25:31,086 --> 01:25:39,566
pabst but pbr yeah pbr that's the way to describe it so uh blockchain book has said zap and then

1378
01:25:39,566 --> 01:25:44,206
there's a user that's just zapped and then undisput said it's communism car i think he was

1379
01:25:44,206 --> 01:25:50,466
talking about the um the whole andreason horowitz thing really i don't know what other thing were we

1380
01:25:50,466 --> 01:25:57,346
talking about where it was uh communism i don't know but uh this is a thing this is a i remember

1381
01:25:57,346 --> 01:26:02,626
i i recall like from a year ago we were talking about some like housing some like abandoned housing

1382
01:26:02,626 --> 01:26:08,686
project in china where you went on a rant about communism and i was like well you know like i

1383
01:26:08,686 --> 01:26:14,406
think you can have this without communism and then undisciplined's like no car is right it's

1384
01:26:14,406 --> 01:26:20,826
communism so that so that might be he might be referencing that do you think the genesis do you

1385
01:26:20,826 --> 01:26:26,406
think the genesis thing is communism the genesis thing the genesis mission do you think that's

1386
01:26:26,406 --> 01:26:33,386
communism no i think well it's it's it's like communism it's it's uh this kind of public private

1387
01:26:33,386 --> 01:26:38,586
partnership which they do a lot in are one of the leading examples of communism which is

1388
01:26:38,586 --> 01:26:48,046
China. So you kind of have this like capitalism for some, uh, or capitalism with help, uh,

1389
01:26:48,046 --> 01:26:54,906
capitalism with state where the state benefits and the company benefits from the state.

1390
01:26:55,806 --> 01:27:01,986
It's, I think we, I think like in political science, they just, that's like fascism.

1391
01:27:02,606 --> 01:27:06,666
That's like the actual definition of fascism is my understanding. It's like a,

1392
01:27:06,666 --> 01:27:11,806
a public private kind of chimera, but, uh,

1393
01:27:12,286 --> 01:27:13,286
that might be wrong too.

1394
01:27:14,286 --> 01:27:19,066
It might also require social ideology, but, um, yeah,

1395
01:27:19,066 --> 01:27:22,506
that is my, what's your take. That is my take.

1396
01:27:22,666 --> 01:27:27,046
It is fascism of a kind. Um, that's all we got.

1397
01:27:27,166 --> 01:27:32,066
Let's jump into the top cowboys,

1398
01:27:32,066 --> 01:27:34,106
Cowboys, baby.

1399
01:27:35,046 --> 01:27:39,346
The top cowboys of the week here on Stacker.News.

1400
01:27:39,466 --> 01:27:40,306
Got one in hiding.

1401
01:27:41,526 --> 01:27:44,066
Kube, Undiscipline, Blockchain Boog.

1402
01:27:44,346 --> 01:27:44,726
Gray.

1403
01:27:44,886 --> 01:27:45,546
Gray Ruby.

1404
01:27:45,946 --> 01:27:46,646
We are all Satoshi.

1405
01:27:47,406 --> 01:27:49,346
I don't think we've had much movement since.

1406
01:27:49,546 --> 01:27:53,346
I feel like at some point, Undiscipline and Gray Ruby are just going to run Stacker.News.

1407
01:27:53,606 --> 01:27:55,446
I mean, it's safe to say, right?

1408
01:27:55,686 --> 01:27:58,806
Well, they do have two of the most popular territories.

1409
01:27:58,806 --> 01:28:01,386
and they do run the most popular podcast

1410
01:28:01,386 --> 01:28:02,286
on Stacker.News.

1411
01:28:03,286 --> 01:28:03,686
Yeah.

1412
01:28:03,926 --> 01:28:04,186
Makes sense.

1413
01:28:04,306 --> 01:28:05,666
Do they have better numbers than we do?

1414
01:28:05,746 --> 01:28:06,446
I think they do.

1415
01:28:06,746 --> 01:28:06,986
Really?

1416
01:28:07,486 --> 01:28:07,846
Yeah.

1417
01:28:07,986 --> 01:28:08,726
We should compare.

1418
01:28:08,926 --> 01:28:11,685
We should have a beef.

1419
01:28:11,726 --> 01:28:13,986
I'm perfectly fine with them having a way bigger podcast

1420
01:28:13,986 --> 01:28:14,326
than we do.

1421
01:28:14,346 --> 01:28:15,426
I'm perfectly fine with it, too,

1422
01:28:15,486 --> 01:28:16,966
but it'd just be kind of fun to have a beef.

1423
01:28:17,346 --> 01:28:19,746
I mean, they did it the right way.

1424
01:28:19,746 --> 01:28:21,546
They even have sponsorships, too.

1425
01:28:22,106 --> 01:28:22,386
Really?

1426
01:28:22,786 --> 01:28:24,046
Yeah, they have sponsorships.

1427
01:28:24,406 --> 01:28:25,685
It's because they're not showing their faces.

1428
01:28:27,506 --> 01:28:28,746
Oh, it's because then...

1429
01:28:28,746 --> 01:28:30,806
The sponsors don't want to be associated with the people?

1430
01:28:31,266 --> 01:28:31,866
Probably, yeah.

1431
01:28:33,106 --> 01:28:33,466
Okay.

1432
01:28:34,246 --> 01:28:35,366
Do you think we were more attractive?

1433
01:28:35,926 --> 01:28:36,526
That wouldn't matter?

1434
01:28:38,185 --> 01:28:39,466
I think I'm very attractive.

1435
01:28:39,486 --> 01:28:40,086
We can get marked.

1436
01:28:40,086 --> 01:28:42,526
I think I'm very attractive to the ladies.

1437
01:28:42,526 --> 01:28:44,106
Guys, like a Macy's underwear model.

1438
01:28:44,106 --> 01:28:44,566
To the ladies.

1439
01:28:44,566 --> 01:28:45,286
You can come in here.

1440
01:28:46,806 --> 01:28:49,966
But you're married, Coop, so you don't really have a...

1441
01:28:49,966 --> 01:28:56,506
Yeah, no, I get to look like a slob, and it costs me nothing.

1442
01:28:56,506 --> 01:29:01,126
We got Optimism, Crypto Sensei, or Kriato Sensei.

1443
01:29:01,186 --> 01:29:01,866
I always say crypto.

1444
01:29:02,406 --> 01:29:04,426
Scoresby, 117OT.

1445
01:29:05,246 --> 01:29:05,826
Machiavelli.

1446
01:29:06,826 --> 01:29:07,706
Kepford.

1447
01:29:08,746 --> 01:29:09,266
What else we got?

1448
01:29:09,366 --> 01:29:09,886
Satwise.

1449
01:29:10,466 --> 01:29:12,586
Satwise, which is Siggy is Ecom.

1450
01:29:13,326 --> 01:29:14,346
Solomon Satoshi.

1451
01:29:14,346 --> 01:29:14,686
Siggy Bezos.

1452
01:29:16,026 --> 01:29:16,986
Dr. Braider.

1453
01:29:19,166 --> 01:29:20,066
Porygon.

1454
01:29:21,106 --> 01:29:21,826
Car.

1455
01:29:23,346 --> 01:29:24,826
Philippe.

1456
01:29:24,826 --> 01:29:25,366
Sux.

1457
01:29:25,366 --> 01:29:26,206
Sux.

1458
01:29:26,506 --> 01:29:29,166
CryptoCoin

1459
01:29:29,166 --> 01:29:30,326
Oh CryptoCoin came back

1460
01:29:30,326 --> 01:29:35,026
Looks like everybody started updating their profile pictures

1461
01:29:35,026 --> 01:29:37,266
I got ShockNet

1462
01:29:37,266 --> 01:29:38,186
DeadBeef

1463
01:29:38,186 --> 01:29:41,046
Didn't that used to be DeadBeef

1464
01:29:41,046 --> 01:29:42,346
Or was it always DeadBeef

1465
01:29:42,346 --> 01:29:43,986
It was always DeadBeef

1466
01:29:43,986 --> 01:29:46,306
Because DeadBeef you can spell it out in hex

1467
01:29:46,306 --> 01:29:51,726
Yeah I think that's pretty much it

1468
01:29:51,726 --> 01:29:52,146
Roy

1469
01:29:52,146 --> 01:29:54,346
CLR

1470
01:29:54,346 --> 01:29:55,066
PlotPoet

1471
01:29:55,066 --> 01:29:56,766
bull bitcoin

1472
01:29:56,766 --> 01:29:58,406
Harry

1473
01:29:58,406 --> 01:30:01,326
Bitcoin search

1474
01:30:01,326 --> 01:30:03,386
and Angie rounding up

1475
01:30:03,386 --> 01:30:04,666
the top

1476
01:30:04,666 --> 01:30:07,466
five zapper

1477
01:30:07,466 --> 01:30:09,546
boom boom

1478
01:30:09,546 --> 01:30:11,466
there you go

1479
01:30:11,466 --> 01:30:13,726
I remember that that picture

1480
01:30:13,726 --> 01:30:15,086
I used to love that one

1481
01:30:15,086 --> 01:30:17,146
oh yeah that's a good meme

1482
01:30:17,146 --> 01:30:19,686
yeah anyways

1483
01:30:19,686 --> 01:30:21,866
that's that's all we got

1484
01:30:21,866 --> 01:30:24,166
here on stacker news

1485
01:30:24,166 --> 01:30:31,706
what are you doing this weekend what am i doing we're moving oh yeah we're moving moving i pack

1486
01:30:31,706 --> 01:30:38,146
most of it up i just have to like get the big things ready i guess yeah i'm gonna pack all

1487
01:30:38,146 --> 01:30:43,686
the stuff tomorrow it was it didn't take me as long as i thought it was like pretty much you know

1488
01:30:43,686 --> 01:30:49,166
a couple of hours filling boxes take that much yeah yeah plus yeah there's not a whole lot out

1489
01:30:49,166 --> 01:30:53,906
here yeah just gonna pack it all up tomorrow that's probably mostly what i'll do it's got

1490
01:30:53,906 --> 01:31:03,106
yeah family went left town oh they did already they're here for four days yeah and um yeah so

1491
01:31:03,106 --> 01:31:11,726
kind of back to my routine and getting did you were you happy seeing them or no oh yeah it was

1492
01:31:11,726 --> 01:31:19,386
great i love seeing them i love seeing my wife's um yeah family they're they're great good people

1493
01:31:19,386 --> 01:31:22,806
and Tom is a Bitcoiner now.

1494
01:31:23,946 --> 01:31:24,406
Oh, yeah.

1495
01:31:24,546 --> 01:31:24,946
I made him.

1496
01:31:24,946 --> 01:31:28,666
He almost won the Mario Kart thing.

1497
01:31:29,566 --> 01:31:30,386
Yeah, I helped.

1498
01:31:31,786 --> 01:31:34,946
I've assisted him on a little bit of Bitcoin stuff.

1499
01:31:35,406 --> 01:31:38,986
Does he talk about that almost win at all?

1500
01:31:39,906 --> 01:31:41,106
Yeah, he does talk about it.

1501
01:31:41,206 --> 01:31:41,706
Oh, wow.

1502
01:31:41,986 --> 01:31:43,106
Yeah, he was close, man.

1503
01:31:43,806 --> 01:31:46,406
No, he's like, I'm going to build a seed signer.

1504
01:31:46,906 --> 01:31:48,406
That was like the first thing he did.

1505
01:31:48,406 --> 01:31:53,546
it was like it was like it's like i heard about seed signer i i bought all the parts for a seed

1506
01:31:53,546 --> 01:31:59,146
signer wow we have one around here somewhere you can have oh well i think part of it is like you

1507
01:31:59,146 --> 01:32:03,466
know like you're kind of acquiring all the parts okay because he's gonna build it from scratch yeah

1508
01:32:03,466 --> 01:32:11,426
but uh yeah he's got he's he's into it uh so that's cool and yeah my my mother-in-law is cool

1509
01:32:11,426 --> 01:32:16,986
and yeah we just chilled how about you what are you doing this weekend we're gonna move so tomorrow

1510
01:32:16,986 --> 01:32:18,466
I'm going to pack up all this stuff.

1511
01:32:19,626 --> 01:32:24,406
And then Advent's on Sunday, so probably go to church in the morning.

1512
01:32:25,066 --> 01:32:25,926
What is Advent?

1513
01:32:26,426 --> 01:32:28,185
So it's a reason to be still.

1514
01:32:28,306 --> 01:32:31,066
It's a reason to start celebrating the coming of Jesus.

1515
01:32:32,106 --> 01:32:32,386
Okay.

1516
01:32:32,606 --> 01:32:34,466
Is that the Advent calendar?

1517
01:32:34,646 --> 01:32:34,906
Is that really?

1518
01:32:34,906 --> 01:32:35,406
I guess, yeah.

1519
01:32:35,486 --> 01:32:37,526
I guess that's a way to start doing that.

1520
01:32:37,646 --> 01:32:39,746
But it's the coming of Christ.

1521
01:32:40,906 --> 01:32:42,146
You know the whole Bethlehem story.

1522
01:32:42,806 --> 01:32:43,166
Okay.

1523
01:32:43,526 --> 01:32:43,706
Yeah.

1524
01:32:43,706 --> 01:32:47,206
So it's not a daily practice?

1525
01:32:47,506 --> 01:32:51,706
I mean, you can be, but right now you're supposed to be very...

1526
01:32:52,546 --> 01:32:57,706
Focused?

1527
01:32:58,706 --> 01:33:01,706
Not focused, just supposed to be very...

1528
01:33:01,706 --> 01:33:03,246
Just still.

1529
01:33:03,366 --> 01:33:05,746
Just still in a very...

1530
01:33:05,746 --> 01:33:06,366
Contemplative?

1531
01:33:07,145 --> 01:33:07,706
I wouldn't say contemplative.

1532
01:33:08,426 --> 01:33:11,706
Just be comfortable, be in the moment, be...

1533
01:33:13,706 --> 01:33:18,406
be, you know, like be still, know that I'm God, that kind of thing.

1534
01:33:18,466 --> 01:33:20,526
It's just like everything's going to be fine.

1535
01:33:22,006 --> 01:33:22,586
I see.

1536
01:33:23,126 --> 01:33:24,546
Everything's in front, you know what I mean?

1537
01:33:24,946 --> 01:33:25,306
Yes.

1538
01:33:25,366 --> 01:33:28,026
So you want to remove all the anxiousness, all the worries,

1539
01:33:28,246 --> 01:33:29,286
all that kind of stuff.

1540
01:33:29,626 --> 01:33:33,246
So you don't want to be too like, yeah,

1541
01:33:33,406 --> 01:33:35,026
you don't want any of that kind of stuff.

1542
01:33:35,026 --> 01:33:36,026
Just want it to be.

1543
01:33:37,566 --> 01:33:42,466
I definitely feel like I'm at that point now, at least now,

1544
01:33:42,466 --> 01:33:51,386
after all the stuff is finished just in time yeah you'll be in a good spot to do it um yeah

1545
01:33:51,386 --> 01:33:57,466
starting sunday but uh yeah it feels good it's good to be moving next week we'll have a whole

1546
01:33:57,466 --> 01:34:03,886
new desk we won't have this bad girl anymore well they don't really get to see it so we won't yeah

1547
01:34:03,886 --> 01:34:10,666
well peterius won't be advertising with us anymore man they were paying us like 50k a month

1548
01:34:10,666 --> 01:34:13,706
Yeah, I got a free hamburger every week.

1549
01:34:14,266 --> 01:34:16,066
There goes that 50K every month.

1550
01:34:16,886 --> 01:34:17,326
Gosh.

1551
01:34:17,926 --> 01:34:18,166
Yeah.

1552
01:34:19,786 --> 01:34:23,026
Maria behind the counter, yeah, she would give me a free hamburger.

1553
01:34:23,426 --> 01:34:24,786
All that P-Terry sauce.

1554
01:34:26,006 --> 01:34:27,426
You like the P-Terry sauce?

1555
01:34:27,686 --> 01:34:28,626
I do like the P-Terry sauce.

1556
01:34:28,626 --> 01:34:29,326
The jalapenos?

1557
01:34:29,726 --> 01:34:32,766
I don't really eat P-Terrys very often because it's like,

1558
01:34:33,486 --> 01:34:35,806
I feel like this P-Terrys is like the worst P-Terrys.

1559
01:34:37,606 --> 01:34:38,446
But, you know.

1560
01:34:38,626 --> 01:34:39,006
Dude.

1561
01:34:39,006 --> 01:34:41,306
It's not very good P. Terry's.

1562
01:34:41,306 --> 01:34:43,686
The 6th Street one is not good.

1563
01:34:43,686 --> 01:34:47,006
If you go to any other P. Terry's, I feel like it's a way better P. Terry's.

1564
01:34:47,006 --> 01:34:48,006
I eat there all the time.

1565
01:34:48,006 --> 01:34:51,186
If I do not want to cook or anything and I'm...

1566
01:34:51,186 --> 01:34:52,686
You go to the 6th Street P. Terry's?

1567
01:34:52,728 --> 01:34:57,708
i'll just order right i'll order online and i'll just go pick up and pick up food and that's what

1568
01:34:57,708 --> 01:35:02,468
i'll eat because it's cheap i mean it's good don't get me wrong it's just like it's just not as good

1569
01:35:02,468 --> 01:35:07,008
as the other peteries i feel like depends on what i just get hamburgers so i don't know no cheese

1570
01:35:07,008 --> 01:35:11,368
no i just get oh you just get the regular meat i just go yeah i'm just trying to get do you get

1571
01:35:11,368 --> 01:35:16,688
the protein basically lettuce wrap or you do like the bread you have boat oh you get the boat you

1572
01:35:16,688 --> 01:35:22,088
can get a boat it comes in a little tray if i'm gonna go anywhere right here i go to the kava

1573
01:35:22,088 --> 01:35:23,088
because it's like really good.

1574
01:35:24,388 --> 01:35:24,648
Oh.

1575
01:35:24,988 --> 01:35:25,988
Yeah, but they're in there.

1576
01:35:26,308 --> 01:35:27,028
Every time I get,

1577
01:35:27,148 --> 01:35:28,128
they fuck up my order

1578
01:35:28,128 --> 01:35:29,228
every time I go,

1579
01:35:29,388 --> 01:35:30,728
every time I order something from them

1580
01:35:30,728 --> 01:35:31,548
or I have to,

1581
01:35:31,628 --> 01:35:33,068
I end up waiting like 30 minutes.

1582
01:35:33,408 --> 01:35:33,568
Yeah.

1583
01:35:33,728 --> 01:35:34,428
Oh, because you,

1584
01:35:34,608 --> 01:35:35,008
oh, you got,

1585
01:35:35,088 --> 01:35:35,568
no, you got it.

1586
01:35:35,628 --> 01:35:36,308
No, that's the thing.

1587
01:35:36,368 --> 01:35:37,548
You can't pre-order with them.

1588
01:35:38,048 --> 01:35:39,068
You got to do it live.

1589
01:35:39,088 --> 01:35:39,648
That's how I,

1590
01:35:39,768 --> 01:35:40,828
that's how I operate in the world.

1591
01:35:41,348 --> 01:35:42,208
No, you can't pre-order.

1592
01:35:42,268 --> 01:35:43,388
I would pre-order everything

1593
01:35:43,388 --> 01:35:43,968
if I could.

1594
01:35:44,128 --> 01:35:44,428
I would, you know.

1595
01:35:44,428 --> 01:35:45,108
Not at Kava.

1596
01:35:46,568 --> 01:35:47,188
Yeah, once,

1597
01:35:47,268 --> 01:35:48,068
once I did it once

1598
01:35:48,068 --> 01:35:48,988
and realized that they scroll,

1599
01:35:49,068 --> 01:35:50,028
I was like, yeah, never again.

1600
01:35:50,368 --> 01:35:51,028
Yeah, I don't know why

1601
01:35:52,088 --> 01:35:53,048
Because they're busy, dude.

1602
01:35:53,808 --> 01:35:55,548
No, but I'll even order when they're not busy.

1603
01:35:55,668 --> 01:35:57,848
And they're like, oh, we didn't have what you ordered.

1604
01:35:57,968 --> 01:35:59,648
So, too bad, guy.

1605
01:36:00,208 --> 01:36:01,008
And it's like, what?

1606
01:36:02,168 --> 01:36:03,128
I paid you money.

1607
01:36:03,328 --> 01:36:05,808
If you try to pay them in cash, they'll give it to you for free.

1608
01:36:08,228 --> 01:36:08,788
Oh, really?

1609
01:36:09,148 --> 01:36:09,368
Yeah.

1610
01:36:09,728 --> 01:36:11,048
Oh, well, that's why you like Kafa.

1611
01:36:11,248 --> 01:36:13,068
I mean, if I know that about Kafa.

1612
01:36:13,068 --> 01:36:17,388
I'm saying, like, if anybody comes to the 6th Street Kafa location, try to pay them in cash.

1613
01:36:17,448 --> 01:36:18,048
They'll give it to you for free.

1614
01:36:19,208 --> 01:36:19,868
It works.

1615
01:36:20,108 --> 01:36:20,468
Dang.

1616
01:36:20,468 --> 01:36:25,868
well somebody we know did that he told me that and i was like does that really work

1617
01:36:25,868 --> 01:36:31,508
yeah so yeah we i don't know if it's reproducible it's not reproducible but oh

1618
01:36:31,508 --> 01:36:37,568
yeah it's a thing but you should spend you should spend cash because no i i just i tried

1619
01:36:37,568 --> 01:36:55,580
and then to see if they did it then i just paid with my card oh but it true they will give it for free i guess it also yeah you kind of have them you kind of have them hostage because like you like well but kava is the only one that will do that though like you can do that chipotle chipotle will literally be like see ya yeah they like shank you yeah

1620
01:36:55,580 --> 01:37:00,440
they'll just throw it away no but like kava i feel like kava that you you make this they make this

1621
01:37:00,440 --> 01:37:06,380
you know 30 bowl of stuff you've you've why are you spending 30 on a bowl

1622
01:37:06,380 --> 01:37:12,800
this is why you can't afford laundry pick up because you're paying 30 on a bowl buddy

1623
01:37:12,800 --> 01:37:16,420
yeah this is why i go to peter is there's no possible way i could spend 30

1624
01:37:16,420 --> 01:37:23,300
exactly you put me in a kava line i'm like yes i want the i spent like 13 dollars at

1625
01:37:23,300 --> 01:37:32,300
black truffle shavings like 13 at kava the gold truffle hummus um yeah but no but like

1626
01:37:32,300 --> 01:37:36,640
that you can at the end like they have no like they're not going to throw out all that food so

1627
01:37:36,640 --> 01:37:40,100
i imagine you do you do have more leverage than you would at somewhere like chipotle

1628
01:37:40,100 --> 01:37:44,960
um because you know you maybe have a ten dollar burrito they're going to throw away

1629
01:37:44,960 --> 01:37:50,160
oh you're saying because of everything you put in there maybe yeah because you they they went

1630
01:37:50,160 --> 01:37:53,780
through the process they've assumed that this is going to the payment is going to succeed

1631
01:37:53,780 --> 01:38:00,480
so like well they need if they need to swap the payment before then or i guess they can't do that

1632
01:38:00,480 --> 01:38:01,800
because you're going to add all the ingredients.

1633
01:38:01,920 --> 01:38:03,600
Yeah, they don't want to add the friction at the front.

1634
01:38:04,040 --> 01:38:04,900
They're going to add it at the back.

1635
01:38:05,860 --> 01:38:07,100
Yeah, they didn't figure that out.

1636
01:38:08,200 --> 01:38:08,920
Well, they did.

1637
01:38:09,020 --> 01:38:10,940
I think they realized, you know, most people are honest.

1638
01:38:11,000 --> 01:38:11,540
They're going to pay.

1639
01:38:11,700 --> 01:38:12,400
They're not going to try that.

1640
01:38:12,860 --> 01:38:14,620
They're like, do you accept gold coins?

1641
01:38:15,720 --> 01:38:16,800
Hey, I do.

1642
01:38:17,000 --> 01:38:18,740
I pay now with everything.

1643
01:38:18,740 --> 01:38:21,000
But I'm just saying, like, when I found that out,

1644
01:38:21,020 --> 01:38:22,060
I was like, is that really true?

1645
01:38:22,160 --> 01:38:23,740
And then it turns out it's true.

1646
01:38:23,840 --> 01:38:25,700
They give it to you for free if you pay cash.

1647
01:38:27,100 --> 01:38:28,320
Stackers, when you come visit Austin,

1648
01:38:28,320 --> 01:38:30,520
then definitely try the Kava trick and see if it works.

1649
01:38:30,620 --> 01:38:30,760
Yeah.

1650
01:38:30,920 --> 01:38:31,620
Kava loophole.

1651
01:38:31,840 --> 01:38:32,540
Kava loophole.

1652
01:38:32,780 --> 01:38:33,020
Yeah.

1653
01:38:33,140 --> 01:38:34,240
It's an interesting trick.

1654
01:38:35,560 --> 01:38:35,700
Yeah.

1655
01:38:36,020 --> 01:38:36,420
Anyways.

1656
01:38:37,280 --> 01:38:37,740
Key open.

1657
01:38:38,280 --> 01:38:38,920
Zap zap zap.
