1 00:00:00,000 --> 00:00:18,840 Live from Fled Lab in Austin, Texas, this is Stacker News Live! 2 00:00:25,240 --> 00:00:27,360 Hello, ladies and gentlemen. Welcome back to another exciting episode of Stacker News Live. 3 00:00:27,360 --> 00:00:30,400 My name's Carb with Kiot and Topher Scott. 4 00:00:31,440 --> 00:00:32,260 You guys have a camera. 5 00:00:32,860 --> 00:00:33,740 You'll just hear his voice. 6 00:00:33,980 --> 00:00:34,160 Yeah. 7 00:00:34,800 --> 00:00:36,960 Just the ghost in the corner of the room. 8 00:00:38,060 --> 00:00:38,740 How was your last week? 9 00:00:39,220 --> 00:00:41,060 My week was pretty good. 10 00:00:42,780 --> 00:00:44,460 Went to BitDevs last night. 11 00:00:44,940 --> 00:00:45,680 How was it? 12 00:00:46,020 --> 00:00:46,480 It was good. 13 00:00:46,580 --> 00:00:51,320 I saw Jimmy Song talk on Monday at the Builders Club. 14 00:00:52,260 --> 00:00:53,360 What else did I do? 15 00:00:53,360 --> 00:00:56,700 Oh, I finally put my PR up for review. 16 00:00:56,800 --> 00:00:57,720 I've been working on it forever. 17 00:00:58,140 --> 00:00:58,640 What is that? 18 00:00:59,180 --> 00:01:03,820 It's like a unified ledger for Stacker News. 19 00:01:04,480 --> 00:01:11,360 Posts the non-custodial switch, which is really nice once it gets reviewed. 20 00:01:13,040 --> 00:01:14,080 That's it, though. 21 00:01:14,360 --> 00:01:15,500 What did you do, Topher? 22 00:01:16,620 --> 00:01:18,540 I think I did the same things you did. 23 00:01:18,820 --> 00:01:19,280 Oh, okay. 24 00:01:20,280 --> 00:01:23,140 I also went to see Jimmy Song speak at the meetup. 25 00:01:23,140 --> 00:01:26,860 the Bitcoin builders meetup and then also went to BitDevs. 26 00:01:27,100 --> 00:01:27,420 Yeah. 27 00:01:28,160 --> 00:01:29,220 It was a fun BitDevs. 28 00:01:29,360 --> 00:01:30,280 It was a fun BitDevs. 29 00:01:30,500 --> 00:01:36,080 Too much knots on core versus core talk for me, but it was fun. 30 00:01:36,700 --> 00:01:36,880 Yeah. 31 00:01:37,080 --> 00:01:38,100 Got to talk about it maybe. 32 00:01:38,380 --> 00:01:44,260 Got to talk about some exploits, supply chain attack, all that good stuff. 33 00:01:44,500 --> 00:01:44,780 Yeah. 34 00:01:45,760 --> 00:01:46,200 So. 35 00:01:46,420 --> 00:01:47,220 That's a good BitDevs. 36 00:01:48,100 --> 00:01:48,540 Awesome. 37 00:01:48,940 --> 00:01:49,560 Sounds great. 38 00:01:49,800 --> 00:01:50,840 How was your week, Har? 39 00:01:51,000 --> 00:01:51,720 It was super busy. 40 00:01:51,720 --> 00:01:54,560 We got a lot of stuff going on. 41 00:01:54,660 --> 00:01:56,100 Startup school, startup day. 42 00:01:57,520 --> 00:01:58,000 What else happened? 43 00:01:59,220 --> 00:02:01,300 Bitcoin builders meet up. 44 00:02:02,160 --> 00:02:03,780 What else do we have going on? 45 00:02:05,080 --> 00:02:06,140 Yeah, a lot of stuff. 46 00:02:06,540 --> 00:02:09,180 I saw it 28 years later. 47 00:02:09,700 --> 00:02:11,320 I was telling you before the show. 48 00:02:11,880 --> 00:02:12,660 It's really good, dude. 49 00:02:12,720 --> 00:02:13,620 It's the third one, right? 50 00:02:14,040 --> 00:02:14,620 Or the fourth one? 51 00:02:14,620 --> 00:02:17,480 So apparently I found out they're making a trilogy of these movies. 52 00:02:18,060 --> 00:02:19,320 So it's going to be a trilogy. 53 00:02:19,320 --> 00:02:21,240 and they basically 54 00:02:21,240 --> 00:02:22,780 the second movie that happened 55 00:02:22,780 --> 00:02:24,360 so it was 28 days later 56 00:02:24,360 --> 00:02:26,420 then it was 28 weeks 57 00:02:26,420 --> 00:02:27,620 weeks later 58 00:02:27,620 --> 00:02:29,660 and then it was 28 years later 59 00:02:29,660 --> 00:02:31,920 so the 28 weeks later 60 00:02:31,920 --> 00:02:32,600 is 61 00:02:32,600 --> 00:02:34,680 doesn't exist 62 00:02:34,680 --> 00:02:36,620 oh they think 63 00:02:36,620 --> 00:02:37,440 they're going 64 00:02:37,440 --> 00:02:38,480 they retro 65 00:02:38,480 --> 00:02:40,300 how do you say that 66 00:02:40,300 --> 00:02:41,160 they retconned it 67 00:02:41,160 --> 00:02:41,960 they retconned it 68 00:02:41,960 --> 00:02:43,120 why 69 00:02:43,120 --> 00:02:44,800 it's like literally 70 00:02:44,800 --> 00:02:45,780 in the beginning of the movie 71 00:02:45,780 --> 00:02:47,060 it's not a spoiler 72 00:02:47,060 --> 00:02:47,860 because it just comes up 73 00:02:47,860 --> 00:02:48,800 it's like the title card 74 00:02:49,320 --> 00:02:50,360 But it's retconned. 75 00:02:51,160 --> 00:02:56,020 Well, it's like 28 years later, so they could just ignore it. 76 00:02:56,160 --> 00:03:02,700 I think it's because Alex Garland, the writer, and Danny Boyle, the director, were just like, 77 00:03:02,760 --> 00:03:03,720 no, bro, we're not doing that. 78 00:03:03,780 --> 00:03:04,360 We're not taking that. 79 00:03:04,400 --> 00:03:05,660 Because it was not done by them. 80 00:03:06,040 --> 00:03:07,640 Oh, now I get it. 81 00:03:07,880 --> 00:03:08,220 Okay. 82 00:03:08,540 --> 00:03:09,140 That's fair. 83 00:03:09,540 --> 00:03:09,800 Yeah. 84 00:03:10,040 --> 00:03:10,900 It's a good movie. 85 00:03:11,020 --> 00:03:12,120 I didn't mind that movie at all. 86 00:03:12,120 --> 00:03:12,860 It's a really good movie. 87 00:03:12,900 --> 00:03:13,140 Yeah. 88 00:03:13,260 --> 00:03:14,260 That's my memory of it. 89 00:03:14,540 --> 00:03:15,520 I would definitely recommend it. 90 00:03:15,520 --> 00:03:19,460 I guess maybe they just didn't like the trajectory it took the story on. 91 00:03:19,700 --> 00:03:20,740 Yeah, it's on Apple TV. 92 00:03:20,880 --> 00:03:22,120 It's like $4.99 to rent. 93 00:03:22,900 --> 00:03:23,280 All right. 94 00:03:25,300 --> 00:03:26,900 Wait, the new one is $4.99? 95 00:03:27,540 --> 00:03:27,780 Yeah. 96 00:03:27,980 --> 00:03:28,260 Oh. 97 00:03:29,660 --> 00:03:31,860 That's cheaper than I thought I was expecting. 98 00:03:32,040 --> 00:03:33,740 Because usually they're like $20 this early. 99 00:03:34,520 --> 00:03:37,440 Yeah, I've noticed Sony does really good movies lately. 100 00:03:37,720 --> 00:03:40,760 They're like the only one that doesn't do the woke stuff I've noticed. 101 00:03:42,640 --> 00:03:44,600 Everybody else is doing that kind of stuff. 102 00:03:44,600 --> 00:03:46,360 They're just trying to make good banger movies. 103 00:03:47,820 --> 00:03:49,700 Anyways, if you've never seen this crazy show before, 104 00:03:49,740 --> 00:03:55,120 we talk about Bitcoin news on the front page of Bitcoin every week 105 00:03:55,120 --> 00:03:56,580 called Stacker.News. 106 00:03:57,040 --> 00:04:04,820 Turns out this crazy little website right here called Stacker.News is growing. 107 00:04:06,580 --> 00:04:07,480 Turns out. 108 00:04:08,200 --> 00:04:09,940 I keep seeing it more in search results. 109 00:04:10,460 --> 00:04:13,880 Keep seeing it in LLMs. 110 00:04:14,600 --> 00:04:17,200 don't see it talked about in media, 111 00:04:17,540 --> 00:04:18,260 at least not yet, 112 00:04:18,320 --> 00:04:19,540 but who knows? 113 00:04:19,720 --> 00:04:20,960 Maybe we'll see it on CNBC. 114 00:04:21,120 --> 00:04:23,460 Maybe we'll see Coob on CNBC one day. 115 00:04:24,040 --> 00:04:24,280 We'll see. 116 00:04:25,160 --> 00:04:26,200 I won't be there. 117 00:04:26,960 --> 00:04:28,360 I'm not going on CNBC. 118 00:04:28,960 --> 00:04:30,100 Maybe you can send somebody else. 119 00:04:30,800 --> 00:04:31,060 Anyways, 120 00:04:31,320 --> 00:04:33,100 but we have all these clips. 121 00:04:33,240 --> 00:04:33,720 Check them out. 122 00:04:33,840 --> 00:04:34,740 They're a lot of fun. 123 00:04:35,280 --> 00:04:37,780 We have some really cool stuff. 124 00:04:37,860 --> 00:04:38,400 We're live now. 125 00:04:38,400 --> 00:04:38,680 Oh, 126 00:04:38,760 --> 00:04:39,380 that's us. 127 00:04:40,600 --> 00:04:42,660 You can check out all these popular videos, 128 00:04:42,780 --> 00:04:43,520 full link videos, 129 00:04:43,640 --> 00:04:44,260 some debates. 130 00:04:44,600 --> 00:04:47,500 You know, the usual stuff. 131 00:04:47,920 --> 00:04:49,380 We even talk about Jack and Noster. 132 00:04:49,960 --> 00:04:50,800 That's a good thing. 133 00:04:51,460 --> 00:04:52,140 I remember that. 134 00:04:52,500 --> 00:04:53,460 That was a long time ago. 135 00:04:53,680 --> 00:04:54,900 Yeah, a long time ago. 136 00:04:55,320 --> 00:04:56,420 We've been doing this for a long time. 137 00:04:57,740 --> 00:04:58,620 I guess so. 138 00:04:59,000 --> 00:05:00,540 Yeah, you have any anniversaries coming up? 139 00:05:00,720 --> 00:05:02,140 Oh, we're going to talk about that later in the show. 140 00:05:02,580 --> 00:05:03,700 It's great that you brought that up. 141 00:05:03,860 --> 00:05:04,800 I actually don't know. 142 00:05:05,440 --> 00:05:08,020 Anyways, but let's jump into the top five stories of the week 143 00:05:08,020 --> 00:05:10,720 here on Stacker News Live. 144 00:05:10,720 --> 00:05:17,880 the number five top story this week is Clara and the sun book review. 145 00:05:18,040 --> 00:05:18,900 This is from simple stacker, 146 00:05:18,920 --> 00:05:19,380 eight comments, 147 00:05:19,840 --> 00:05:20,300 19, 148 00:05:20,500 --> 00:05:20,660 well, 149 00:05:20,820 --> 00:05:22,020 1848 sets. 150 00:05:22,460 --> 00:05:22,860 Keon. 151 00:05:23,720 --> 00:05:24,140 What's this? 152 00:05:24,860 --> 00:05:25,120 Yeah. 153 00:05:25,420 --> 00:05:26,360 This is a new, 154 00:05:26,480 --> 00:05:30,620 I guess this is one of the later books from Kazuo. 155 00:05:30,760 --> 00:05:32,020 I don't know how you say that name. 156 00:05:32,620 --> 00:05:34,380 Kazuo Ishiguro. 157 00:05:35,940 --> 00:05:38,540 They wrote never let me go. 158 00:05:38,540 --> 00:05:40,880 and they've written a lot of fiction novels. 159 00:05:41,100 --> 00:05:43,960 They kind of specialize in this kind of, I don't know, 160 00:05:44,120 --> 00:05:48,200 it's like sort of surreal sci-fi, 161 00:05:48,940 --> 00:05:53,460 like very deep and emotional type of sci-fi. 162 00:05:54,320 --> 00:05:55,680 And this is no different. 163 00:05:55,920 --> 00:05:57,320 This one's about cloning. 164 00:05:57,540 --> 00:06:00,500 It has themes in it that are similar to Gattaca, 165 00:06:00,620 --> 00:06:01,680 if you've seen the movie Gattaca, 166 00:06:02,000 --> 00:06:04,860 where some people are getting cloned 167 00:06:04,860 --> 00:06:07,180 and they get higher station in society 168 00:06:07,180 --> 00:06:10,740 and some people aren't cloned and they get lower station 169 00:06:10,740 --> 00:06:14,420 or genetically modified, I mean. 170 00:06:14,900 --> 00:06:17,540 Yeah, they get the designer genetics. 171 00:06:17,880 --> 00:06:20,280 Yeah, designer genetics, that's the word. 172 00:06:20,280 --> 00:06:26,400 And yeah, I guess one of the book is told 173 00:06:26,400 --> 00:06:30,280 from the perspective of the family's robot 174 00:06:30,280 --> 00:06:33,580 that is a companion to a sickly child 175 00:06:33,580 --> 00:06:36,320 who is sickly because of genetic modifications. 176 00:06:36,900 --> 00:06:39,740 The parents were wealthy and got her the genetic modifications, 177 00:06:39,920 --> 00:06:42,260 but she ended up sick, as sometimes happens. 178 00:06:43,420 --> 00:06:46,000 And so it's all in the respect of this robot, 179 00:06:46,060 --> 00:06:50,820 and the robot is tasked by the mother to learn as much about the daughter as possible 180 00:06:50,820 --> 00:06:53,660 so that when she dies, the robot can replace her. 181 00:06:55,140 --> 00:07:01,060 And that's the telling of the story that I learned from this review. 182 00:07:01,900 --> 00:07:03,320 Yeah, I want to check it out. 183 00:07:03,320 --> 00:07:07,440 I didn't know it was the same person that made Never Let Me Go. 184 00:07:07,800 --> 00:07:09,240 They've written a lot of books. 185 00:07:10,260 --> 00:07:13,320 Scoresby mentions them in the comments. 186 00:07:13,420 --> 00:07:16,180 I think there's like five that Scoresby has read. 187 00:07:16,500 --> 00:07:17,140 So it's interesting. 188 00:07:17,480 --> 00:07:19,700 It's funny that we're talking about Alex Garland. 189 00:07:19,780 --> 00:07:21,160 He's like friends with that guy. 190 00:07:21,460 --> 00:07:22,620 Oh, this is a guy? 191 00:07:22,620 --> 00:07:24,280 I always thought it was a woman. 192 00:07:24,560 --> 00:07:24,720 No. 193 00:07:24,940 --> 00:07:28,020 So if it's the same author that wrote Never Let Me Go, 194 00:07:28,120 --> 00:07:29,920 he's actually friends with Alex Garland, 195 00:07:30,000 --> 00:07:32,480 the guy who wrote 28 Days Later. 196 00:07:32,480 --> 00:07:38,180 oh well now he's a filmmaker now too but like um there was a post that i posted a long time ago 197 00:07:38,180 --> 00:07:43,120 talking about never let me go and the themes in that movie or the theme yeah themes in that movie 198 00:07:43,120 --> 00:07:50,080 because i never read the novel but um but uh yeah they're like they're like friends in that area of 199 00:07:50,080 --> 00:07:56,640 like i guess the uk or whatever but um dude that movie is so good never let me go like mark romaneck 200 00:07:56,640 --> 00:08:01,840 i think was the director or the filmmaker and he was known for making these amazing music videos in 201 00:08:01,840 --> 00:08:06,380 90s in the late in the early 2000s and then he made that movie and it was just like the pinnacle 202 00:08:06,380 --> 00:08:11,340 of because that book was such such a profound book never let me go apparently and then like 203 00:08:11,340 --> 00:08:17,400 when he made it they got mark mark romenick to direct it or to to make the to do the to do the 204 00:08:17,400 --> 00:08:23,480 film and it was just like it was like whoa that like i remember read the book when i was a teenager 205 00:08:23,480 --> 00:08:27,980 i remember it being really good i refused to watch the movie that's how much i like the book 206 00:08:27,980 --> 00:08:28,840 I mean 207 00:08:28,840 --> 00:08:29,980 the movies 208 00:08:29,980 --> 00:08:30,660 like it's still 209 00:08:30,660 --> 00:08:31,760 like I just saw it 210 00:08:31,760 --> 00:08:32,580 recently like a month 211 00:08:32,580 --> 00:08:33,180 ago again 212 00:08:33,180 --> 00:08:34,040 because it was like 213 00:08:34,040 --> 00:08:35,520 it's so good 214 00:08:35,520 --> 00:08:36,640 it just takes you 215 00:08:36,640 --> 00:08:38,920 it just transports 216 00:08:38,920 --> 00:08:39,460 you to another 217 00:08:39,460 --> 00:08:40,140 time 218 00:08:40,140 --> 00:08:41,160 even though it's 219 00:08:41,160 --> 00:08:41,720 the future 220 00:08:41,720 --> 00:08:43,220 well that's another 221 00:08:43,220 --> 00:08:44,080 time the future 222 00:08:44,080 --> 00:08:45,640 no but like in the movie 223 00:08:45,640 --> 00:08:46,500 the whole point 224 00:08:46,500 --> 00:08:47,000 of the movie 225 00:08:47,000 --> 00:08:47,820 I don't know how it is 226 00:08:47,820 --> 00:08:48,200 in the book 227 00:08:48,200 --> 00:08:48,800 but in the movie 228 00:08:48,800 --> 00:08:50,240 like these kids 229 00:08:50,240 --> 00:08:51,140 they're trying to find out 230 00:08:51,140 --> 00:08:52,420 like the whole point 231 00:08:52,420 --> 00:08:53,280 of the movie is like 232 00:08:53,280 --> 00:08:54,120 they were just trying 233 00:08:54,120 --> 00:08:54,500 to find out 234 00:08:54,500 --> 00:08:55,080 if they had souls 235 00:08:55,080 --> 00:08:55,520 or not 236 00:08:55,520 --> 00:08:56,060 or not 237 00:08:56,060 --> 00:08:58,380 that they had a human soul. 238 00:09:00,420 --> 00:09:00,820 Okay. 239 00:09:00,960 --> 00:09:01,500 It's kind of sad. 240 00:09:01,620 --> 00:09:02,260 It's really sad. 241 00:09:02,400 --> 00:09:04,280 Have you seen the movie, Topher, or read the book? 242 00:09:04,520 --> 00:09:05,060 Which movie? 243 00:09:05,260 --> 00:09:06,140 Never Let Me Go. 244 00:09:06,600 --> 00:09:07,400 No, I haven't. 245 00:09:07,620 --> 00:09:08,280 I've seen Gattaca. 246 00:09:08,640 --> 00:09:08,920 Okay. 247 00:09:09,040 --> 00:09:10,520 Yeah, Gattaca is one of my favorites. 248 00:09:10,680 --> 00:09:11,700 Yeah, one of the best. 249 00:09:12,420 --> 00:09:12,820 Cool. 250 00:09:13,440 --> 00:09:15,660 So, Kazuo Ishiguro. 251 00:09:16,340 --> 00:09:16,740 Okay. 252 00:09:17,080 --> 00:09:26,602 Is very much a dude Okay thank you Yeah he was born in Nagasaki Yeah 1950s I usually got to check the genitals That how I know 253 00:09:28,122 --> 00:09:29,862 Google search suffices 254 00:09:29,862 --> 00:09:31,062 to. Cool. 255 00:09:31,982 --> 00:09:32,942 Great stuff. 256 00:09:33,742 --> 00:09:35,682 The next top, number 257 00:09:35,682 --> 00:09:37,582 four top story of the week is how safe 258 00:09:37,582 --> 00:09:39,522 do you feel in America? This is from 259 00:09:39,522 --> 00:09:41,762 StackHarder, 83 comments, 1,239 260 00:09:41,762 --> 00:09:42,102 cents. 261 00:09:42,662 --> 00:09:45,682 Do you feel safe in America? 262 00:09:45,682 --> 00:09:49,102 I do for the most part. 263 00:09:49,222 --> 00:09:52,802 I mean, I've never lived anywhere else or spent a lot of time anywhere else. 264 00:09:53,082 --> 00:09:58,462 But most other places I've spent time in, I also felt pretty safe there. 265 00:09:59,662 --> 00:10:04,162 It might differ depending on the way you show up in the world. 266 00:10:05,342 --> 00:10:10,082 But I try to stay invisible most places. 267 00:10:10,542 --> 00:10:12,402 Yeah, I feel relatively safe, 268 00:10:12,742 --> 00:10:18,622 even though I guess maybe less safe than I have in the past, 269 00:10:18,722 --> 00:10:21,102 given that I spend a lot more time around people 270 00:10:21,102 --> 00:10:24,042 that seem to be having a bad time on the streets. 271 00:10:25,602 --> 00:10:26,802 But yeah, I feel pretty safe. 272 00:10:26,942 --> 00:10:27,422 Do you feel? 273 00:10:28,142 --> 00:10:28,662 I don't know. 274 00:10:28,762 --> 00:10:30,062 I feel like, oh, I want to hear from Topher. 275 00:10:30,142 --> 00:10:31,482 Topher, do you feel safe in America? 276 00:10:32,962 --> 00:10:33,362 Depends. 277 00:10:33,822 --> 00:10:35,322 Depends where you're living. 278 00:10:37,362 --> 00:10:39,902 Austin has gotten increasingly less safe. 279 00:10:40,082 --> 00:10:41,662 uh, 280 00:10:41,922 --> 00:10:45,382 LA has very many unsafe places. 281 00:10:46,322 --> 00:10:46,882 Um, 282 00:10:47,082 --> 00:10:50,642 but then there's other places that are incredibly safe. 283 00:10:51,082 --> 00:10:53,082 So I don't know. 284 00:10:53,682 --> 00:10:59,102 America is a very big country and there's so many cities are very different. 285 00:10:59,562 --> 00:11:02,262 So I would say for the most part, 286 00:11:02,342 --> 00:11:03,382 America feels safe, 287 00:11:03,382 --> 00:11:06,082 but there's like some places that you got to look out for. 288 00:11:06,982 --> 00:11:07,502 Yeah. 289 00:11:07,782 --> 00:11:08,022 I've, 290 00:11:08,102 --> 00:11:08,342 I've, 291 00:11:08,422 --> 00:11:08,902 to be honest, 292 00:11:08,902 --> 00:11:17,702 There was a time where I didn't feel safe, probably when I was growing up, but that was maybe because I was a young kid and I was like, you know, when you're young, you kind of fear everything. 293 00:11:18,302 --> 00:11:24,602 And then, you know, then you're in your 20s, you kind of go out there and you kind of just become this like fearless young man. 294 00:11:25,242 --> 00:11:26,522 You're just not, you don't really. 295 00:11:27,802 --> 00:11:29,102 You're like, I made it to adulthood. 296 00:11:29,242 --> 00:11:29,882 I can die. 297 00:11:30,262 --> 00:11:34,122 Well, you don't really, you don't really think of consequences, I guess, when you're a young man, I guess you don't really. 298 00:11:34,922 --> 00:11:35,802 That tracks. 299 00:11:36,222 --> 00:11:36,442 Yeah. 300 00:11:36,442 --> 00:11:40,242 I guess maybe you don't think, or at least I didn't. 301 00:11:40,302 --> 00:11:40,642 I don't know. 302 00:11:42,482 --> 00:11:44,382 I guess it was more fearless back then. 303 00:11:44,942 --> 00:11:45,882 And then there does get a time. 304 00:11:45,882 --> 00:11:49,142 I think when I got married is when I started getting more fearful. 305 00:11:49,662 --> 00:11:51,422 I think because I started a family. 306 00:11:52,422 --> 00:11:56,022 And then once I found Christ or when I went back to Christ, 307 00:11:56,762 --> 00:11:59,702 now I'm back to not fearing anything. 308 00:12:00,422 --> 00:12:05,002 So I think it just kind of goes back to individual, 309 00:12:05,002 --> 00:12:06,822 how safe do they feel. 310 00:12:07,682 --> 00:12:09,762 But I don't know. 311 00:12:09,822 --> 00:12:11,722 It just really just depends on the person, I think. 312 00:12:12,442 --> 00:12:15,102 Less so than the place? 313 00:12:15,882 --> 00:12:16,862 Yeah, I think so. 314 00:12:17,642 --> 00:12:19,382 So you think you could be like in Ukraine 315 00:12:19,382 --> 00:12:22,862 and feel safe or... 316 00:12:22,862 --> 00:12:23,782 Yeah, but... 317 00:12:23,782 --> 00:12:24,642 Depending on your... 318 00:12:24,642 --> 00:12:25,822 Did you ever read that? 319 00:12:26,862 --> 00:12:27,762 Did you ever read that? 320 00:12:27,822 --> 00:12:28,302 What's the name? 321 00:12:28,342 --> 00:12:29,362 It's the notorious book. 322 00:12:29,422 --> 00:12:30,142 I haven't read the book, 323 00:12:30,282 --> 00:12:32,162 but people have told me about it. 324 00:12:32,202 --> 00:12:33,262 It's the one where the guy 325 00:12:33,262 --> 00:12:34,582 who was in the Nazi camps 326 00:12:34,582 --> 00:12:36,982 and what's that one? 327 00:12:37,322 --> 00:12:37,762 Auschwitz? 328 00:12:38,162 --> 00:12:38,362 Yeah. 329 00:12:38,642 --> 00:12:40,182 The Gulag Archivago. 330 00:12:40,362 --> 00:12:43,762 It's like Vikur, Vikur, Dosh, whatever. 331 00:12:44,782 --> 00:12:47,302 It's like a famous book. 332 00:12:47,942 --> 00:12:50,522 He's like one of the guys that was in the concentration cab. 333 00:12:50,662 --> 00:12:53,822 So he got to a point where he saw so many people dying. 334 00:12:54,742 --> 00:12:57,502 And at a certain point, he just realized that he was, 335 00:12:59,022 --> 00:13:00,922 he's already like, I don't know. 336 00:13:01,002 --> 00:13:03,022 I forget how it's summed up in the book. 337 00:13:03,022 --> 00:13:06,182 maybe one of the stackers can put in the comments or put on the thing, 338 00:13:06,262 --> 00:13:07,902 but it was basically, it just basically just, 339 00:13:08,002 --> 00:13:10,922 he just basically summed up and said something like to the likes of like, 340 00:13:11,302 --> 00:13:13,582 once you realize like basically memento mori, 341 00:13:13,642 --> 00:13:15,562 like once you realize like death comes for everybody, 342 00:13:16,102 --> 00:13:17,202 you just don't fear it. 343 00:13:17,282 --> 00:13:20,322 And then you just move on with life and you accept it. 344 00:13:20,582 --> 00:13:23,802 And I think that's where he had gotten to at a certain point, 345 00:13:23,802 --> 00:13:27,502 once he was in the concentration camps, he had seen death. He was closed. 346 00:13:27,582 --> 00:13:31,382 He was closed with death because all the ashes and just got to a certain 347 00:13:31,382 --> 00:13:33,462 point where in his mind he was 348 00:13:33,462 --> 00:13:35,362 already free so it didn't matter 349 00:13:35,362 --> 00:13:36,442 yeah 350 00:13:36,442 --> 00:13:39,382 it's an interesting challenge 351 00:13:39,382 --> 00:13:40,962 it's like a human challenge 352 00:13:40,962 --> 00:13:43,462 to get past that fear it's like the mind 353 00:13:43,462 --> 00:13:44,722 is the biggest mountain to climb 354 00:13:44,722 --> 00:13:46,982 it's interesting because it's introduced to you 355 00:13:46,982 --> 00:13:49,462 because kids don't have a fear of 356 00:13:49,462 --> 00:13:49,782 death 357 00:13:49,782 --> 00:13:53,542 and I've noticed that even with things becoming 358 00:13:53,542 --> 00:13:54,862 increasingly unsafe 359 00:13:54,862 --> 00:13:57,422 in society, society becoming a little more 360 00:13:57,422 --> 00:13:59,542 unstable to keep releasing 361 00:13:59,542 --> 00:14:01,042 criminals out into the streets 362 00:14:01,042 --> 00:14:05,942 what I notice from kids is that they still seem just as fearless 363 00:14:05,942 --> 00:14:07,702 from physical harm 364 00:14:07,702 --> 00:14:11,802 they have the same fearlessness as I had 365 00:14:11,802 --> 00:14:13,002 when I was a kid 366 00:14:13,002 --> 00:14:16,182 so it's like for physical harm kids are fearless 367 00:14:16,182 --> 00:14:20,142 but then social harm is different 368 00:14:20,142 --> 00:14:22,062 that's an interesting one 369 00:14:22,062 --> 00:14:26,662 kids are still fearful of experiencing a social death 370 00:14:26,662 --> 00:14:29,122 like if they're ostracized 371 00:14:29,122 --> 00:14:32,582 or if like, yeah, their reputation is ruined. 372 00:14:33,202 --> 00:14:34,542 Like that's worse. 373 00:14:35,182 --> 00:14:37,042 Like social harm, it seems like for kids, 374 00:14:37,082 --> 00:14:39,302 like social harm is even worse than physical harm. 375 00:14:40,742 --> 00:14:41,722 Yeah, I could see that. 376 00:14:41,822 --> 00:14:42,122 It's kind of crazy. 377 00:14:42,282 --> 00:14:42,502 I don't know. 378 00:14:42,542 --> 00:14:44,542 Was it like that for you when you were a kid? 379 00:14:44,802 --> 00:14:46,362 I think it goes out for everybody, right? 380 00:14:46,382 --> 00:14:48,682 Like in high school when people are like make fun of you. 381 00:14:49,262 --> 00:14:51,002 Like I remember this guy who like, 382 00:14:51,362 --> 00:14:54,062 he pooped in his pants and then everybody made fun of him. 383 00:14:54,402 --> 00:14:56,262 And then he like, he transferred schools too. 384 00:14:56,522 --> 00:14:57,082 He had to transfer schools. 385 00:14:57,082 --> 00:14:58,562 Just because he pooped in his pants. 386 00:14:58,562 --> 00:15:00,222 you're done 387 00:15:00,222 --> 00:15:00,622 no 388 00:15:00,622 --> 00:15:01,282 no 389 00:15:01,282 --> 00:15:02,102 no 390 00:15:02,102 --> 00:15:06,042 no 391 00:15:06,042 --> 00:15:06,542 no 392 00:15:06,542 --> 00:15:07,122 but I 393 00:15:07,122 --> 00:15:08,902 we were still friends with him 394 00:15:08,902 --> 00:15:10,142 like we went to his birthday party 395 00:15:10,142 --> 00:15:10,482 and everything 396 00:15:10,482 --> 00:15:11,322 we're like hey what happened 397 00:15:11,322 --> 00:15:11,902 he's like oh 398 00:15:11,902 --> 00:15:12,962 we moved or whatever 399 00:15:12,962 --> 00:15:13,882 I was like 400 00:15:13,882 --> 00:15:16,162 no we couldn't do that 401 00:15:16,162 --> 00:15:16,542 I had like 402 00:15:16,542 --> 00:15:17,042 I had like 403 00:15:17,042 --> 00:15:18,182 I had like three brothers 404 00:15:18,182 --> 00:15:18,782 and one sister 405 00:15:18,782 --> 00:15:19,862 there's no way my mom would move 406 00:15:19,862 --> 00:15:20,862 just because I pooped my pants 407 00:15:20,862 --> 00:15:23,882 that's funny 408 00:15:23,882 --> 00:15:24,862 wow 409 00:15:24,862 --> 00:15:26,002 yeah I definitely think 410 00:15:26,002 --> 00:15:27,042 I definitely think 411 00:15:27,042 --> 00:15:28,262 I definitely think 412 00:15:28,262 --> 00:15:30,682 I definitely think it does. 413 00:15:31,202 --> 00:15:32,682 I think at the end of the day, 414 00:15:32,702 --> 00:15:34,742 it does come down to the man though, 415 00:15:34,822 --> 00:15:36,862 like to protect his family. 416 00:15:37,182 --> 00:15:39,222 And if he's fearful, 417 00:15:39,402 --> 00:15:41,702 then the rest of his family is going to be fearful. 418 00:15:41,902 --> 00:15:45,022 So it really is up to the man to like conquer his mind 419 00:15:45,022 --> 00:15:47,082 and make sure that his family's safe. 420 00:15:47,342 --> 00:15:50,462 So if, yeah, you know what I mean? 421 00:15:51,102 --> 00:15:51,302 Yeah. 422 00:15:51,382 --> 00:15:53,002 So do you feel safe in America? 423 00:15:53,442 --> 00:15:54,022 I do. 424 00:15:54,542 --> 00:15:54,862 I do. 425 00:15:55,822 --> 00:15:57,882 Don't feel like anything's going to happen to me. 426 00:15:58,262 --> 00:15:58,862 To be honest. 427 00:15:59,522 --> 00:16:00,362 But the other day I was walking. 428 00:16:00,502 --> 00:16:02,362 I remember I was telling you when I was going to 7-Eleven over here. 429 00:16:02,522 --> 00:16:04,902 Like some guy was like trying to step up to me. 430 00:16:04,962 --> 00:16:05,662 And I was just like, wow. 431 00:16:06,242 --> 00:16:07,442 That hasn't happened in a long time. 432 00:16:08,382 --> 00:16:09,122 And then I… 433 00:16:09,122 --> 00:16:09,942 Oh, he's an F word. 434 00:16:10,222 --> 00:16:10,562 A guy. 435 00:16:10,762 --> 00:16:14,302 No, he was just like saying that he was going to punch me in the face. 436 00:16:14,402 --> 00:16:16,982 And I was just like, yeah, that's not going to happen. 437 00:16:17,342 --> 00:16:18,742 And then I just kept walking right through him. 438 00:16:18,862 --> 00:16:21,622 But I think honestly, I don't take offense to that. 439 00:16:21,622 --> 00:16:23,662 Because if it would have been somebody else behind me, 440 00:16:23,682 --> 00:16:25,102 it probably would have been that person anyway. 441 00:16:25,222 --> 00:16:27,322 I think he was just on one and he wanted to go to jail. 442 00:16:27,322 --> 00:16:28,402 so 443 00:16:28,402 --> 00:16:30,542 yeah I wonder if 444 00:16:30,542 --> 00:16:33,422 because I kind of look at it more like 445 00:16:33,422 --> 00:16:35,502 like okay cool then we're gonna get into 446 00:16:35,502 --> 00:16:37,542 a fight like I don't see it 447 00:16:37,542 --> 00:16:39,502 as like but you pick up you picked up 448 00:16:39,502 --> 00:16:41,562 on like he was looking to start 449 00:16:41,562 --> 00:16:43,302 something and so all you 450 00:16:43,302 --> 00:16:45,462 like you didn't take it personally all you really 451 00:16:45,462 --> 00:16:47,442 had to do is just not I just gotta defend myself 452 00:16:47,442 --> 00:16:49,602 like but I don't I think 453 00:16:49,602 --> 00:16:50,902 I've been in enough like 454 00:16:50,902 --> 00:16:53,642 squabs or whatever like I don't 455 00:16:53,642 --> 00:16:55,542 I'm not gonna like not defend myself 456 00:16:55,542 --> 00:16:56,542 if that makes any sense 457 00:16:56,542 --> 00:16:59,202 but also I'm not going to go look for a fight either 458 00:16:59,202 --> 00:17:01,062 but I'm also not going to back down either 459 00:17:01,062 --> 00:17:02,802 does that make sense? I'm just going to hold my ground 460 00:17:02,802 --> 00:17:05,142 yeah but they're looking 461 00:17:05,142 --> 00:17:06,342 to like trigger you 462 00:17:06,342 --> 00:17:08,522 people that are like that they're on something 463 00:17:08,522 --> 00:17:09,982 and they're looking to start a fight 464 00:17:09,982 --> 00:17:11,242 they're looking to trigger you 465 00:17:11,242 --> 00:17:12,222 sure 466 00:17:12,222 --> 00:17:14,882 but that doesn't work though with me 467 00:17:14,882 --> 00:17:16,902 because I have God on my side 468 00:17:16,902 --> 00:17:17,382 so 469 00:17:17,382 --> 00:17:21,902 yeah there's a lot of people 470 00:17:21,902 --> 00:17:23,282 that are very on edge 471 00:17:23,282 --> 00:17:25,882 yeah I think it's because they see people like that 472 00:17:25,882 --> 00:17:26,922 and they get fearful 473 00:17:26,922 --> 00:17:28,642 because they say something like that to them. 474 00:17:28,682 --> 00:17:29,842 But to me, I'm kind of like, 475 00:17:30,002 --> 00:17:32,522 cool, I'll see you when I get out of the 7-Eleven. 476 00:17:33,742 --> 00:17:34,622 So I have to say, 477 00:17:34,802 --> 00:17:36,602 so I came back from Europe recently 478 00:17:36,602 --> 00:17:41,202 and I've been to Europe a couple of times 479 00:17:41,202 --> 00:17:44,642 and there's way more screaming, 480 00:17:44,902 --> 00:17:47,382 crazy people on the streets in the US 481 00:17:47,382 --> 00:17:50,162 than the places I've been in Europe. 482 00:17:51,602 --> 00:17:53,722 And so, I don't know, 483 00:17:53,862 --> 00:17:55,322 it's like generally felt... 484 00:17:55,882 --> 00:18:00,742 more safe in Europe versus U.S. 485 00:18:01,782 --> 00:18:05,202 But it's more complicated than that. 486 00:18:05,622 --> 00:18:09,182 Because I don't walk around carrying. 487 00:18:10,262 --> 00:18:11,302 It's not yet. 488 00:18:11,402 --> 00:18:11,862 In Europe? 489 00:18:12,202 --> 00:18:12,642 No, in Europe. 490 00:18:13,022 --> 00:18:13,982 You can't carry. 491 00:18:14,302 --> 00:18:15,982 But in the U.S., I don't walk around carrying. 492 00:18:16,202 --> 00:18:18,242 I guess if I did, I would feel more safe. 493 00:18:18,242 --> 00:18:20,162 In Texas, you absolutely can. 494 00:18:20,262 --> 00:18:23,142 This is why you don't do that to people. 495 00:18:23,262 --> 00:18:24,882 This is why you don't come up to somebody and say, 496 00:18:24,882 --> 00:18:26,642 I'm gonna punch you in the face because you might get shot. 497 00:18:27,582 --> 00:18:29,022 So why you don't do that in Texas? 498 00:18:29,382 --> 00:18:30,462 So it's interesting. 499 00:18:30,462 --> 00:18:34,002 Like I would feel, so if I was carrying, I would feel more safe, 500 00:18:35,082 --> 00:18:36,882 but I'm not carrying. 501 00:18:37,062 --> 00:18:56,224 So I feel less safe but at least I know that I can do something about it if I wanted to whereas in Europe it like I generally felt more safe but like if something did happen like what was I going to do It like you you don really you don have the ability to take your own destiny into your hands You kind of just 502 00:18:57,224 --> 00:19:01,424 you know, if the guy has like a knife or something, you know, it's like, you're not 503 00:19:01,424 --> 00:19:04,924 allowed to have a knife. He's not allowed to have a knife, but he has a knife and you don't. 504 00:19:04,924 --> 00:19:06,464 And that's the reality. 505 00:19:07,384 --> 00:19:10,884 But generally, I felt like they keep crazy people off the streets. 506 00:19:11,544 --> 00:19:12,064 Yeah. 507 00:19:12,364 --> 00:19:13,664 More than they do here. 508 00:19:14,124 --> 00:19:15,764 Well, there was some guy that somebody was... 509 00:19:17,344 --> 00:19:21,584 They were telling me there was some guy that has a clipboard 510 00:19:21,584 --> 00:19:25,904 and he's checking in on all the homeless people to see what they need. 511 00:19:26,224 --> 00:19:29,384 Yeah, they have people here that are checking in on the homeless. 512 00:19:30,224 --> 00:19:31,524 Hopefully, they get them the help they need. 513 00:19:31,544 --> 00:19:33,144 That doesn't make them less crazy. 514 00:19:33,924 --> 00:19:34,184 Oh. 515 00:19:34,924 --> 00:19:36,864 anyways 516 00:19:36,864 --> 00:19:40,924 so that's 517 00:19:40,924 --> 00:19:41,544 everything 518 00:19:41,544 --> 00:19:43,624 Keon anything else on this or 519 00:19:43,624 --> 00:19:46,164 no I think we've covered it we've all answered the question 520 00:19:46,164 --> 00:19:46,984 okay 521 00:19:46,984 --> 00:19:51,364 number three top story is 522 00:19:51,364 --> 00:19:53,324 NBA star Kevin Durant can't unlock 523 00:19:53,324 --> 00:19:55,424 his Coinbase Bitcoin account this is from 524 00:19:55,424 --> 00:19:57,024 Wumble 31 comments 525 00:19:57,024 --> 00:19:58,304 1042 sats 526 00:19:58,304 --> 00:19:59,764 Keon 527 00:19:59,764 --> 00:20:01,424 why 528 00:20:01,424 --> 00:20:04,864 it's hard to tell exactly what's going on 529 00:20:04,864 --> 00:20:08,964 here if they're just this is like sort of a headline thing and their stuff is taken out of 530 00:20:08,964 --> 00:20:15,124 context but uh kevin durant lost access to his coinbase account he might have done that 531 00:20:15,124 --> 00:20:19,784 intentionally where he like threw away his password so he couldn't get access to it to 532 00:20:19,784 --> 00:20:26,624 sell his bitcoin apparent as like as a claim or uh or he did it accidentally and it's like a happy 533 00:20:26,624 --> 00:20:32,144 accident where he kind of forgot that he had bought a bunch of bitcoin and left it on coinbase 534 00:20:32,144 --> 00:20:33,544 all these years. 535 00:20:35,224 --> 00:20:35,444 Yeah. 536 00:20:35,704 --> 00:20:36,464 Pleb Spidey Senses. 537 00:20:36,664 --> 00:20:37,404 None of this is true. 538 00:20:37,944 --> 00:20:39,864 This is all just a PR campaign. 539 00:20:40,184 --> 00:20:41,304 That's my Pleb Spidey Senses. 540 00:20:41,964 --> 00:20:42,324 Okay. 541 00:20:43,764 --> 00:20:44,344 It's a good, 542 00:20:44,424 --> 00:20:45,344 it's a nice headline. 543 00:20:45,584 --> 00:20:46,024 I mean, it did. 544 00:20:46,324 --> 00:20:46,664 Oh yeah. 545 00:20:46,664 --> 00:20:46,984 It's a great, 546 00:20:47,064 --> 00:20:47,824 anytime you can say 547 00:20:47,824 --> 00:20:48,624 somebody got hacked 548 00:20:48,624 --> 00:20:50,264 or locked out, 549 00:20:50,324 --> 00:20:51,264 that's always a good headline. 550 00:20:51,404 --> 00:20:52,064 Lead with that. 551 00:20:52,724 --> 00:20:54,384 And then shimmy in 552 00:20:54,384 --> 00:20:55,544 what you're really trying to do there, 553 00:20:56,084 --> 00:20:56,864 which they do 554 00:20:56,864 --> 00:20:57,684 at the end of the article. 555 00:20:58,384 --> 00:20:59,464 I'll scroll down to it. 556 00:20:59,744 --> 00:21:00,684 For me, 557 00:21:01,004 --> 00:21:01,264 I, 558 00:21:01,264 --> 00:21:07,644 I find it hard to imagine someone coming up with a story like that, 559 00:21:07,744 --> 00:21:11,724 but maybe that's someone's career is to come up with a story like that. 560 00:21:11,784 --> 00:21:14,564 Kleinman said he and Durant are also investors in Coinbase Global 561 00:21:14,564 --> 00:21:17,604 and that the company has been a valuable resource in growing our business. 562 00:21:18,604 --> 00:21:21,104 We're also launching 35, or they didn't say we're also launching. 563 00:21:21,104 --> 00:21:24,004 In 2021, 35 ventures struck a multi-year deal with Coinbase 564 00:21:24,004 --> 00:21:25,704 to promote the trading platform, 565 00:21:26,224 --> 00:21:28,384 which includes creating content about digital assets 566 00:21:28,384 --> 00:21:30,084 for Durant's sports entertainment website. 567 00:21:31,264 --> 00:21:37,644 And I think they're just trying to promote the 35 Ventures cool thing that Durant's doing. 568 00:21:38,564 --> 00:21:40,124 That's how I see it. 569 00:21:40,224 --> 00:21:42,104 It's just kind of, plus Coinbase too. 570 00:21:42,524 --> 00:21:42,964 It doesn't hurt. 571 00:21:44,204 --> 00:21:45,304 Everybody wants money, Keon. 572 00:21:45,804 --> 00:21:47,184 Oh, yeah. 573 00:21:48,044 --> 00:21:52,364 But I suspect this, even if it didn't happen to Kevin Durant, I suspect this has happened to other people. 574 00:21:52,364 --> 00:22:00,984 I know of one case in particular where someone had, back in the day, bought Bitcoin on Coinbase and forgot about it for years. 575 00:22:01,264 --> 00:22:03,244 Until, until the best thing you can do. 576 00:22:03,344 --> 00:22:03,444 Yeah. 577 00:22:03,444 --> 00:22:06,424 Until there was a huge bull run and then they're like, Oh wait. 578 00:22:07,084 --> 00:22:13,604 And then, you know, then they were rich or so this stuff does happen. 579 00:22:13,644 --> 00:22:16,324 It might've happened to Kevin Durant or it might all be a fake story. 580 00:22:16,584 --> 00:22:17,624 I don't, I don't know. 581 00:22:17,724 --> 00:22:21,524 But you know, these kinds of, these, this is a happy accident. 582 00:22:21,824 --> 00:22:26,664 Coinbase in the meantime, hasn't like their assets haven't been seized and he 583 00:22:26,664 --> 00:22:28,524 can still get us, he can still get his Bitcoin out. 584 00:22:28,644 --> 00:22:31,164 So you know, it's a happy accident. 585 00:22:31,264 --> 00:22:33,164 I think I said one earlier. 586 00:22:33,244 --> 00:22:34,504 I was like, we should do one for Stacker News 587 00:22:34,504 --> 00:22:36,764 where we have Stacker News. 588 00:22:37,484 --> 00:22:39,224 Kevin Durant loses Stacker News login. 589 00:22:39,884 --> 00:22:41,204 Was it his L&D node? 590 00:22:41,324 --> 00:22:42,284 Question mark, question mark. 591 00:22:42,684 --> 00:22:44,724 And I said, we've already been working directly 592 00:22:44,724 --> 00:22:46,984 with Stacker News crew on Kevin's accounts recovery, 593 00:22:47,424 --> 00:22:49,144 which is why it was easy for me 594 00:22:49,144 --> 00:22:51,224 to make a joke about it on stage, Kleinman said. 595 00:22:51,724 --> 00:22:53,504 Turns out he tried logging with his Nostra 596 00:22:53,504 --> 00:22:54,324 and a queso emoji. 597 00:22:54,784 --> 00:22:55,464 Classic Kevin. 598 00:22:56,924 --> 00:22:57,344 Yeah. 599 00:22:57,804 --> 00:22:58,864 See, that's how that works. 600 00:22:59,284 --> 00:23:00,544 Also, should be mentioned, 601 00:23:00,544 --> 00:23:02,704 Kevin is directly invested into 602 00:23:02,704 --> 00:23:05,124 Stacker News. This is how that works. 603 00:23:05,244 --> 00:23:06,784 It's just like a one 604 00:23:06,784 --> 00:23:08,884 boom. It's just like it doesn't need to be true 605 00:23:08,884 --> 00:23:10,584 Keon. It just needs to be relevant. 606 00:23:11,024 --> 00:23:13,024 I mean I take your point that they could be lying. 607 00:23:13,484 --> 00:23:14,444 I just yeah. 608 00:23:14,664 --> 00:23:16,584 I think they also could be telling the truth 609 00:23:16,584 --> 00:23:18,204 and it's like a nice coincidence. 610 00:23:18,204 --> 00:23:19,324 Slap Spidey sense baby. 611 00:23:20,864 --> 00:23:22,104 Cool. You got anything tougher? 612 00:23:23,544 --> 00:23:24,324 I just 613 00:23:24,324 --> 00:23:26,284 think that they 614 00:23:26,284 --> 00:23:28,364 brought on Kevin Durant 615 00:23:28,364 --> 00:23:29,404 for a name. 616 00:23:30,544 --> 00:23:32,224 and then they're like, 617 00:23:32,284 --> 00:23:34,204 hey, we have this portfolio. 618 00:23:35,044 --> 00:23:36,504 We're going to put some Bitcoin in there. 619 00:23:36,724 --> 00:23:38,904 Do you have any anecdotes about Bitcoin? 620 00:23:39,564 --> 00:23:40,704 And I think Kevin said, 621 00:23:40,804 --> 00:23:43,604 oh, I think I bought Bitcoin on Coinbase once. 622 00:23:43,604 --> 00:23:44,724 Probably like a hundred bucks. 623 00:23:45,204 --> 00:23:46,584 And he forgot his password. 624 00:23:46,864 --> 00:23:47,124 Yeah. 625 00:23:47,324 --> 00:23:47,644 And they're like, 626 00:23:47,684 --> 00:23:49,084 ooh, we could spin that into something. 627 00:23:49,204 --> 00:23:50,024 Yeah, I think that's... 628 00:23:50,024 --> 00:23:51,244 This is probably like a big nothing burger. 629 00:23:51,484 --> 00:23:51,964 Like it's nothing. 630 00:23:52,524 --> 00:23:53,464 If you really want it, 631 00:23:53,724 --> 00:23:54,004 like they, 632 00:23:54,344 --> 00:23:55,964 for you to set up a Coinbase account, 633 00:23:56,104 --> 00:23:58,144 like they have all of your personally 634 00:23:58,144 --> 00:24:00,644 identifiable information and bank account. 635 00:24:01,204 --> 00:24:05,284 So, like, they could totally store his account if they wanted to. 636 00:24:05,304 --> 00:24:05,764 Topher knows. 637 00:24:06,984 --> 00:24:07,624 Yeah, that's what I'm saying. 638 00:24:08,444 --> 00:24:09,204 Come on. 639 00:24:09,924 --> 00:24:10,764 Oh, come on. 640 00:24:10,824 --> 00:24:12,264 Got to generate that news story, Carr. 641 00:24:12,384 --> 00:24:12,644 Come on. 642 00:24:12,704 --> 00:24:15,004 Got to hook the people in. 643 00:24:15,144 --> 00:24:15,904 Keon's too honest. 644 00:24:15,984 --> 00:24:17,064 That's why he doesn't see this. 645 00:24:18,364 --> 00:24:19,724 Maybe Durant is Satoshi. 646 00:24:20,944 --> 00:24:22,084 Kevin Durant's Satoshi. 647 00:24:23,224 --> 00:24:27,524 Yeah, maybe we can correlate his commits with, like, the NBA season. 648 00:24:28,144 --> 00:24:32,644 All right. We got a hedging sanctions risk, Bitcoin and central bank reserves. 649 00:24:33,064 --> 00:24:36,084 This is from SimpleStacker. 11,100 sats, nine comments. 650 00:24:36,184 --> 00:24:38,264 Kian, what is all this stuff? 651 00:24:38,544 --> 00:24:49,204 Yeah. So there was a paper, I think the scores we shared about central banks potentially hedging sanctions risk using Bitcoin. 652 00:24:50,284 --> 00:24:56,524 And so SimpleStacker went and read it and then summarized it for us here. 653 00:24:56,524 --> 00:24:58,744 they also compared 654 00:24:58,744 --> 00:25:00,084 the same 655 00:25:00,084 --> 00:25:01,624 they also did the same thing for gold 656 00:25:01,624 --> 00:25:03,064 like to use the same model 657 00:25:03,064 --> 00:25:04,384 and use gold 658 00:25:04,384 --> 00:25:07,184 they had a bunch of other things 659 00:25:07,184 --> 00:25:07,824 in the footnotes 660 00:25:07,824 --> 00:25:09,664 I guess they showed like mining 661 00:25:09,664 --> 00:25:10,424 but they have a 662 00:25:10,424 --> 00:25:12,224 SimpleStackers conclusion 663 00:25:12,224 --> 00:25:14,164 is they do understand Bitcoin at least 664 00:25:14,164 --> 00:25:15,784 and then like the headline 665 00:25:15,784 --> 00:25:17,304 of this I would say 666 00:25:17,304 --> 00:25:19,004 is that if a country 667 00:25:19,004 --> 00:25:23,244 even if a country is risk averse 668 00:25:23,244 --> 00:25:27,524 but if they have a high risk of sanctions, 669 00:25:28,724 --> 00:25:32,364 they should use Bitcoin in their portfolio 670 00:25:32,364 --> 00:25:35,544 to hedge against those sanction risks. 671 00:25:35,624 --> 00:25:38,544 It will help them because Bitcoin is borderless, et cetera. 672 00:25:39,344 --> 00:25:41,684 And they'll still be able to gain access 673 00:25:41,684 --> 00:25:45,084 to a liquid market that allows them 674 00:25:45,084 --> 00:25:46,964 to preserve their reserve value. 675 00:25:47,844 --> 00:25:52,524 Or even if a country does not have sanctions risk 676 00:25:52,524 --> 00:25:55,304 but it has a low risk aversion, 677 00:25:55,564 --> 00:25:58,164 meaning they are okay with taking some risk in their portfolio. 678 00:25:58,384 --> 00:25:59,304 They should also add Bitcoin 679 00:25:59,304 --> 00:26:01,884 because it'll improve the returns on their reserves. 680 00:26:02,784 --> 00:26:08,084 So in general, this is a good study for Bitcoin 681 00:26:08,084 --> 00:26:10,964 or it's favorable. 682 00:26:11,984 --> 00:26:14,564 It paints Bitcoin in a favorable perspective. 683 00:26:14,904 --> 00:26:19,504 Like even governments can use Bitcoin in their portfolio 684 00:26:19,504 --> 00:26:23,864 to fight other governments' overreach. 685 00:26:24,264 --> 00:26:26,664 So I say, cool. 686 00:26:26,664 --> 00:26:28,984 And I think the main flaw, 687 00:26:29,424 --> 00:26:31,024 like Simple Stacker also points out flaws 688 00:26:31,024 --> 00:26:31,884 that they found in it. 689 00:26:33,144 --> 00:26:35,404 The main one being that it's like a simulation 690 00:26:35,404 --> 00:26:38,184 of the circumstances that a country, 691 00:26:38,524 --> 00:26:40,304 like the model is a simulation 692 00:26:40,304 --> 00:26:41,484 of what would happen to a country 693 00:26:41,484 --> 00:26:43,264 should they suffer sanctions. 694 00:26:44,504 --> 00:26:48,284 And so, and I guess that model assumes that 695 00:26:48,284 --> 00:26:55,284 the Federal Reserve in that country is not already engaging in other hedging activities 696 00:26:55,284 --> 00:26:57,904 as the sanctioned risks increase. 697 00:26:57,904 --> 00:27:05,184 And so that might be painting a rosier picture than would otherwise be the case. 698 00:27:05,304 --> 00:27:11,484 But still, cool to see academics looking at Bitcoin, in my opinion. 699 00:27:11,484 --> 00:27:15,484 Yeah, it looks like they also bring up... 700 00:27:18,044 --> 00:27:21,264 Second, we apply a price discovery mythology and framework, 701 00:27:21,464 --> 00:27:24,004 which was designed to handle sparse and asynchronous data 702 00:27:24,004 --> 00:27:25,224 and analyze your big white markets, 703 00:27:25,664 --> 00:27:28,184 covering spot markets with quotes of USD and USDT. 704 00:27:34,064 --> 00:27:35,404 Yeah, that's a long paper. 705 00:27:35,524 --> 00:27:36,504 So you read through all this? 706 00:27:37,644 --> 00:27:40,484 Yeah, well, he's an academic economist, and so... 707 00:27:41,484 --> 00:27:43,824 it's kind of 708 00:27:43,824 --> 00:27:45,424 what were they grabbing all this from 709 00:27:45,424 --> 00:27:47,584 the development of Bitcoin future exploring the interactions 710 00:27:47,584 --> 00:27:49,724 where are these coming from 711 00:27:49,724 --> 00:27:53,344 I mean this is one you're on one 712 00:27:53,344 --> 00:27:55,084 journal's website right now 713 00:27:55,084 --> 00:27:57,064 yeah I'm just looking at their references 714 00:27:57,064 --> 00:27:59,224 my frequency 715 00:27:59,224 --> 00:28:01,464 interesting 716 00:28:01,464 --> 00:28:16,886 it fascinating to see them do their own research in this stuff and like where they grabbing it from I might take a look at this later Yeah it seems to be mostly other academic papers It be cool to see like a Satoshi Nakamoto Institute reference or something 717 00:28:17,726 --> 00:28:20,926 But yeah, they're not going to do that. 718 00:28:24,366 --> 00:28:24,846 Fascinating. 719 00:28:26,546 --> 00:28:28,146 Wow, good stuff. 720 00:28:29,426 --> 00:28:30,546 Topher, you got anything on this? 721 00:28:30,546 --> 00:28:33,246 I haven't read the paper. 722 00:28:33,666 --> 00:28:35,306 I don't understand the model. 723 00:28:39,326 --> 00:28:42,286 So yeah, I don't have anything to say about the paper. 724 00:28:43,286 --> 00:28:45,386 I don't know if you can really, 725 00:28:45,866 --> 00:28:48,026 I don't even know how you'd begin to model Bitcoin 726 00:28:48,026 --> 00:28:50,846 as a reserve asset for the world 727 00:28:50,846 --> 00:28:52,786 to avoid sanctions risk. 728 00:28:53,346 --> 00:28:54,586 I know that 729 00:28:54,586 --> 00:28:59,246 there was use of Bitcoin 730 00:28:59,246 --> 00:29:02,686 in the Russia-Ukraine war on both sides. 731 00:29:03,746 --> 00:29:08,126 So there's precedent of Bitcoin being used to evade sanctions. 732 00:29:08,926 --> 00:29:12,306 But for a nation state to make it a part of their strategy, 733 00:29:13,226 --> 00:29:13,946 I don't know. 734 00:29:14,146 --> 00:29:18,466 Because most nations don't accept Bitcoin. 735 00:29:19,226 --> 00:29:23,966 And so much of the price of Bitcoin is based on US dollar denominated debt 736 00:29:23,966 --> 00:29:28,306 that the US indirectly controls the price of Bitcoin. 737 00:29:29,246 --> 00:29:32,586 So, you know, evade sanctions from who? 738 00:29:32,986 --> 00:29:34,066 From the U.S.? 739 00:29:34,066 --> 00:29:36,266 Like, I don't know. 740 00:29:36,346 --> 00:29:38,426 Like, this is something that hasn't been tested 741 00:29:38,426 --> 00:29:40,906 and I don't understand the model. 742 00:29:41,306 --> 00:29:43,106 And I think it's just all pure speculation, 743 00:29:43,506 --> 00:29:46,226 which I think is what Scoresby's saying too. 744 00:29:46,486 --> 00:29:49,586 I mean, it is a simulation and Simple Sacker says 745 00:29:49,586 --> 00:29:50,326 it's a simple model, 746 00:29:50,326 --> 00:29:52,946 but I think it is specifically looking at sanctions 747 00:29:52,946 --> 00:29:55,766 from the U.S. and or Europe. 748 00:29:56,706 --> 00:29:58,846 And what, if they're holding U.S. treasuries 749 00:29:58,846 --> 00:30:01,306 or they're holding European treasuries. 750 00:30:01,446 --> 00:30:02,006 I don't know what they're called. 751 00:30:02,386 --> 00:30:03,586 European bank treasuries. 752 00:30:03,866 --> 00:30:05,766 And they get sanctioned like Russia did 753 00:30:05,766 --> 00:30:08,226 where those go to zero 754 00:30:08,226 --> 00:30:12,166 or have some fraction of the value they once had. 755 00:30:13,346 --> 00:30:15,366 If Bitcoin were in that portfolio too, 756 00:30:15,446 --> 00:30:16,066 what would happen? 757 00:30:16,466 --> 00:30:18,246 That's more or less what they're looking at. 758 00:30:18,586 --> 00:30:21,626 So yeah, they probably do not model properly. 759 00:30:22,846 --> 00:30:24,786 And SimpleStacker points this out, 760 00:30:24,966 --> 00:30:26,686 a state-sponsored attack on Bitcoin 761 00:30:26,686 --> 00:30:28,386 affecting its price. 762 00:30:28,846 --> 00:30:31,306 Yeah, I don't think it actually, 763 00:30:31,586 --> 00:30:34,126 I don't actually think like Bitcoin fits in that model, 764 00:30:34,186 --> 00:30:35,566 to be honest, because it's not, 765 00:30:37,226 --> 00:30:39,286 like maybe it fits in this like fiat error, 766 00:30:39,386 --> 00:30:41,286 but I feel like it should have its own model. 767 00:30:41,566 --> 00:30:42,646 Yeah, it's fiat thinking. 768 00:30:42,926 --> 00:30:45,246 Because if you want to hedge yourself, 769 00:30:45,406 --> 00:30:47,126 like you wouldn't just invest in Bitcoin, 770 00:30:47,226 --> 00:30:48,386 you invest in hash power. 771 00:30:50,106 --> 00:30:51,646 Because even if you hold the Bitcoin, 772 00:30:51,766 --> 00:30:52,566 they could still attack, 773 00:30:52,726 --> 00:30:55,146 like the US could still decide to attack you 774 00:30:55,146 --> 00:30:55,866 through hash power. 775 00:30:55,866 --> 00:30:57,846 If they really wanted to, 776 00:30:58,446 --> 00:30:59,026 they could do that. 777 00:30:59,106 --> 00:30:59,746 I think that's why. 778 00:30:59,986 --> 00:31:01,026 As far as like, 779 00:31:01,086 --> 00:31:02,606 if you're in a nation state level, 780 00:31:02,686 --> 00:31:03,626 like you have to think about it. 781 00:31:03,626 --> 00:31:04,686 I like where you're going with this 782 00:31:04,686 --> 00:31:06,606 because I like how Simple Stacker even brings, 783 00:31:06,666 --> 00:31:08,446 I like why Simple Stacker brings this up too 784 00:31:08,446 --> 00:31:09,166 where he says, 785 00:31:09,286 --> 00:31:12,566 yeah, he brings up the mining per country. 786 00:31:13,686 --> 00:31:15,126 So he does bring that up, Topher. 787 00:31:15,206 --> 00:31:16,186 Yeah, you'd have to do both. 788 00:31:16,286 --> 00:31:18,126 You'd have to hedge your bets 789 00:31:18,126 --> 00:31:19,586 with Bitcoin and hash power. 790 00:31:19,786 --> 00:31:20,566 Yeah, that's what I'm thinking. 791 00:31:20,666 --> 00:31:21,326 That's why I was wondering 792 00:31:21,326 --> 00:31:22,546 where the references is coming. 793 00:31:22,746 --> 00:31:23,766 It doesn't add up. 794 00:31:23,846 --> 00:31:25,126 Like, I don't think they're actually thinking 795 00:31:25,126 --> 00:31:26,146 through like a Bitcoin lens. 796 00:31:26,186 --> 00:31:27,826 I think they're thinking through a fiat lens 797 00:31:27,826 --> 00:31:30,626 trying to understand Bitcoin, 798 00:31:30,726 --> 00:31:31,946 but I don't think they're understanding it 799 00:31:31,946 --> 00:31:34,506 by the models that they're applying it. 800 00:31:36,006 --> 00:31:37,666 This is where they really have to 801 00:31:37,666 --> 00:31:40,886 spend time in the ecosystem. 802 00:31:41,186 --> 00:31:42,526 I would love to see this modeled. 803 00:31:43,326 --> 00:31:44,806 I just don't know if we really have 804 00:31:44,806 --> 00:31:47,386 an accurate way to model this. 805 00:31:48,386 --> 00:31:49,486 What would you recommend 806 00:31:49,486 --> 00:31:51,186 a person like this Reed's car? 807 00:31:52,186 --> 00:31:54,806 Maybe probably what... 808 00:31:54,806 --> 00:31:58,786 maybe probably what, 809 00:31:59,506 --> 00:32:05,346 who would be probably the best companies to talk to? 810 00:32:06,466 --> 00:32:07,366 To talk to a company. 811 00:32:09,106 --> 00:32:12,286 Not like an author of one of the Bitcoin books. 812 00:32:13,206 --> 00:32:13,446 Yeah. 813 00:32:14,646 --> 00:32:15,446 I don't know. 814 00:32:15,786 --> 00:32:17,546 I don't know if we've really even talked about this. 815 00:32:17,606 --> 00:32:18,546 I'm sure somebody has. 816 00:32:18,746 --> 00:32:20,366 Yeah, trying to game theory it out. 817 00:32:21,026 --> 00:32:22,926 Well, it hasn't even happened yet. 818 00:32:22,926 --> 00:32:27,426 Like honestly, Bitcoin has had the smoothest sailing fucking ride. 819 00:32:29,366 --> 00:32:36,126 As far as like technologies that have threatened the establishment, like Bitcoin's had a smooth ride. 820 00:32:36,266 --> 00:32:39,006 Like we haven't really had a nation state attack against Bitcoin. 821 00:32:39,006 --> 00:32:43,706 I think it's just because they're like slowly turning on the, like they're just like pulling a frog kind of thing. 822 00:32:43,866 --> 00:32:47,026 That's why I think it looks up here so that way, at least in the United States. 823 00:32:47,026 --> 00:32:52,006 I just think it's not, it hasn't posed much of a threat to the establishment yet. 824 00:32:52,006 --> 00:33:05,086 And they perceive themselves, and to a large extent they are, as being successful in kind of like quelching any peer-to-peer Bitcoin usage, at scale at least. 825 00:33:06,186 --> 00:33:16,246 Again, most of the Kevin Durant of the world, which is probably 95% of Bitcoin users, are all KYC'd into some application or exchange. 826 00:33:16,246 --> 00:33:19,126 so what risk do they pose 827 00:33:19,126 --> 00:33:20,786 if they can call up Coinbase 828 00:33:20,786 --> 00:33:23,426 and ask them to freeze their assets 829 00:33:23,426 --> 00:33:25,226 yeah like the gloves 830 00:33:25,226 --> 00:33:26,246 haven't come off yet 831 00:33:26,246 --> 00:33:28,946 so I don't know how we would model 832 00:33:28,946 --> 00:33:30,966 what is your risk 833 00:33:30,966 --> 00:33:33,166 when we haven't really seen like what that 834 00:33:33,166 --> 00:33:34,566 looks like in practice 835 00:33:34,566 --> 00:33:37,446 we haven't really 836 00:33:37,446 --> 00:33:40,926 there hasn't been like a real war 837 00:33:40,926 --> 00:33:43,106 or attack against Bitcoin 838 00:33:43,106 --> 00:33:44,486 so to speak like China 839 00:33:44,486 --> 00:33:45,646 even China like they 840 00:33:45,646 --> 00:33:48,306 banned Bitcoin mining, but they allowed 841 00:33:48,306 --> 00:33:50,406 all the miners to take their equipment 842 00:33:50,406 --> 00:33:52,026 and leave China 843 00:33:52,026 --> 00:33:53,786 and then come to the US. 844 00:33:54,126 --> 00:33:56,126 They could have seized all the equipment 845 00:33:56,126 --> 00:33:58,006 and just assumed all mining operations. 846 00:33:58,406 --> 00:34:00,166 But they didn't do that. Good point. 847 00:34:00,446 --> 00:34:02,486 So it's like we haven't seen like a real 848 00:34:02,486 --> 00:34:04,466 attack where like a nation state takes 849 00:34:04,466 --> 00:34:06,666 over the hash power. They try to control 850 00:34:06,666 --> 00:34:08,266 block production. Yeah, good point. 851 00:34:08,386 --> 00:34:10,266 Look at how much hash China had. 852 00:34:10,346 --> 00:34:12,166 I didn't realize that, but in 2019 853 00:34:12,166 --> 00:34:13,846 they had almost 80% of hash. 854 00:34:13,846 --> 00:34:15,926 That's so wild to me. 855 00:34:16,286 --> 00:34:16,846 They gave it up. 856 00:34:17,326 --> 00:34:17,766 Wow. 857 00:34:18,386 --> 00:34:18,806 Idiots. 858 00:34:19,926 --> 00:34:21,526 I think they're still mining though. 859 00:34:22,086 --> 00:34:22,926 Oh, I'm sure they are. 860 00:34:23,146 --> 00:34:26,646 But like, I mean, the government's a bunch of idiots over there. 861 00:34:26,806 --> 00:34:34,546 But I think I was reading something recently that said Bitmain, when they overproduce miners, they actually end up mining themselves with them. 862 00:34:34,546 --> 00:34:39,226 So it's like they're constantly producing whether there's buyers or not. 863 00:34:39,366 --> 00:34:42,666 Because in the worst case, they can just mine themselves. 864 00:34:43,166 --> 00:34:45,106 Yeah, they got a good racket going over there, didn't they? 865 00:34:46,126 --> 00:34:47,286 Hopefully that ends soon. 866 00:34:47,306 --> 00:34:47,686 It's crazy. 867 00:34:47,806 --> 00:34:49,386 They gave it all to America. 868 00:34:49,726 --> 00:34:50,066 Look at that. 869 00:34:50,406 --> 00:34:51,486 Yeah, it all came here. 870 00:34:51,486 --> 00:34:52,186 Texas, baby. 871 00:34:52,586 --> 00:34:53,246 Woo, doggy. 872 00:34:53,466 --> 00:34:54,206 And Kazakhstan. 873 00:34:55,146 --> 00:34:55,766 And Kazakhstan? 874 00:34:55,766 --> 00:34:57,326 Gotta go to Kazakhstan to start mining. 875 00:34:57,466 --> 00:34:58,286 Isn't that where... 876 00:34:58,286 --> 00:34:58,806 Borat got it? 877 00:35:00,326 --> 00:35:01,446 It's a real country. 878 00:35:01,606 --> 00:35:02,206 Fucking Borat. 879 00:35:02,446 --> 00:35:03,886 It's a real country with real people. 880 00:35:03,946 --> 00:35:05,066 They all like Borat. 881 00:35:05,506 --> 00:35:07,606 I met a woman from Kazakhstan once. 882 00:35:07,886 --> 00:35:09,266 We had her watch Borat. 883 00:35:09,466 --> 00:35:10,306 She did not like it. 884 00:35:10,426 --> 00:35:10,906 Oh, she did not? 885 00:35:10,906 --> 00:35:12,866 from my country. 886 00:35:14,426 --> 00:35:15,226 Cool stuff. 887 00:35:15,306 --> 00:35:18,046 Isn't that one guy from Vlad? 888 00:35:18,186 --> 00:35:19,206 Isn't Vlad from Kazakhstan? 889 00:35:20,326 --> 00:35:20,806 Romania. 890 00:35:21,246 --> 00:35:22,006 Oh, he's from Romania? 891 00:35:22,126 --> 00:35:22,926 I'm sorry. 892 00:35:23,346 --> 00:35:25,066 People in either Romania or Kazakhstan. 893 00:35:25,526 --> 00:35:27,286 I don't know the countries. 894 00:35:27,846 --> 00:35:29,466 No, I think he's told everybody he's from Romania. 895 00:35:30,286 --> 00:35:30,486 Cool. 896 00:35:31,566 --> 00:35:33,046 A lot of Bitcoiners in Romania. 897 00:35:33,746 --> 00:35:34,666 They don't mind. 898 00:35:35,046 --> 00:35:36,266 The number one top story of the week 899 00:35:36,266 --> 00:35:38,186 is a brief history of the Satoshi. 900 00:35:38,186 --> 00:35:39,986 This is Scoresby. 901 00:35:39,986 --> 00:35:42,166 seven comments, 5,701 cents. 902 00:35:42,286 --> 00:35:43,286 Keon, what's this? 903 00:35:43,506 --> 00:35:44,926 Yeah, Scoresby tells us, 904 00:35:45,206 --> 00:35:46,286 or like charts the history 905 00:35:46,286 --> 00:35:49,326 of using the word Satoshi 906 00:35:49,326 --> 00:35:51,426 to represent the smallest unit of Bitcoin, 907 00:35:51,646 --> 00:35:54,466 one 100 millionth of a Bitcoin. 908 00:35:55,106 --> 00:35:57,146 And apparently there was no, 909 00:35:57,166 --> 00:35:58,686 there was like no consensus on it. 910 00:35:58,746 --> 00:36:00,406 It just kind of emerged naturally 911 00:36:00,406 --> 00:36:04,406 from the depths of the Bitcoin talk forums. 912 00:36:04,606 --> 00:36:05,866 And he goes through all the kind of, 913 00:36:06,026 --> 00:36:08,026 like the posts where it was like first mentioned. 914 00:36:08,026 --> 00:36:19,386 And I guess it's by this guy Rybuck and he's trying to use it for some higher denomination of Bitcoin than a single Bitcoin. 915 00:36:19,386 --> 00:36:25,386 And then a bunch of other people mention it over the years, too, in other contexts. 916 00:36:26,166 --> 00:36:38,426 Luke Dasher even comments in a thread involving these denominations praising the imperial measuring system. 917 00:36:40,526 --> 00:36:43,846 Sort of just a fun fact in there. 918 00:36:43,846 --> 00:36:55,146 But I think the first usage of it appearing to be one hundred millionth of a Bitcoin is somewhere down in there after the Luke Dasher tweet. 919 00:37:00,426 --> 00:37:02,286 Well, it was Rybuck. 920 00:37:02,866 --> 00:37:06,386 Well, Rybuck first mentions it, but he doesn't mention it for one hundred millionth of a Bitcoin. 921 00:37:07,186 --> 00:37:08,566 Oh, yeah, it was a millionth. 922 00:37:08,606 --> 00:37:08,826 Okay. 923 00:37:08,826 --> 00:37:09,266 Yeah. 924 00:37:10,766 --> 00:37:13,886 Which we now call a bit, I believe. 925 00:37:17,146 --> 00:37:18,066 This guy. 926 00:37:18,326 --> 00:37:19,026 This guy did it. 927 00:37:19,126 --> 00:37:20,146 Marcus of Augustus? 928 00:37:20,366 --> 00:37:21,826 Marcus of Augustus is... 929 00:37:22,606 --> 00:37:22,846 Yeah. 930 00:37:23,846 --> 00:37:25,586 He's good at naming things, perhaps. 931 00:37:25,906 --> 00:37:27,826 Because he has his own pseudonym. 932 00:37:28,506 --> 00:37:29,766 Oh, so he's the one that named it? 933 00:37:29,766 --> 00:37:29,866 Pretty funny. 934 00:37:29,928 --> 00:37:36,388 yeah oh cool i didn't know that that's yeah that's where it came up and this was what year 935 00:37:36,388 --> 00:37:42,788 2011 so we had the name in 2011 beautiful i love that that's where we began using it i love that 936 00:37:42,788 --> 00:37:49,128 and then so we started using it then what's this then he uh scores be charts like other 937 00:37:49,128 --> 00:37:53,428 encounters where people are mentioning it as if it had always existed had always been named that 938 00:37:53,428 --> 00:37:58,088 way basically dude i feel like for me like if i would have never known satoshi's existed i would 939 00:37:58,088 --> 00:38:04,048 have never bought my first Bitcoin. I think that was like why I thought I could buy a Bitcoin, 940 00:38:04,508 --> 00:38:10,868 a whole Bitcoin one day was because I heard of Satoshi's. To be honest, that's how I was able 941 00:38:10,868 --> 00:38:15,828 to convince myself that I could afford one Bitcoin one day. Yeah. I hope to get over your unit bias. 942 00:38:16,108 --> 00:38:21,668 Yeah. It says it in here. There's, I think one, I think it might've been Marcus, whatever, 943 00:38:21,668 --> 00:38:23,368 Marcus Augustus 944 00:38:23,368 --> 00:38:24,468 but he said 945 00:38:24,468 --> 00:38:26,308 you don't need to 946 00:38:26,308 --> 00:38:27,648 look after your Bitcoin 947 00:38:27,648 --> 00:38:28,968 you just need to worry about 948 00:38:28,968 --> 00:38:30,668 or worry about your Satoshis 949 00:38:30,668 --> 00:38:31,568 and your Bitcoin 950 00:38:31,568 --> 00:38:32,308 will look after itself 951 00:38:32,308 --> 00:38:33,688 it's up there in bolds 952 00:38:33,688 --> 00:38:33,908 yeah 953 00:38:33,908 --> 00:38:34,708 big bolds 954 00:38:34,708 --> 00:38:35,228 what is it here 955 00:38:35,228 --> 00:38:36,428 yeah look after your Satoshis 956 00:38:36,428 --> 00:38:36,968 and the Bitcoins 957 00:38:36,968 --> 00:38:37,948 will look after themselves 958 00:38:37,948 --> 00:38:39,188 which is a great quote 959 00:38:39,188 --> 00:38:40,248 I'm surprised we don't have 960 00:38:40,248 --> 00:38:41,028 cool 961 00:38:41,028 --> 00:38:42,068 that isn't repeated 962 00:38:42,068 --> 00:38:42,888 because it's a 963 00:38:42,888 --> 00:38:43,648 it's 964 00:38:43,648 --> 00:38:44,648 it fights the unis 965 00:38:44,648 --> 00:38:45,588 the unibias 966 00:38:45,588 --> 00:38:46,788 good stuff 967 00:38:46,788 --> 00:38:47,428 yeah 968 00:38:47,428 --> 00:38:48,508 with Sagrish Day 969 00:38:48,508 --> 00:38:50,288 I got top comment from 970 00:38:50,288 --> 00:38:50,608 Um, 971 00:38:51,328 --> 00:38:51,788 Darth coin. 972 00:38:52,468 --> 00:38:52,828 Oh, 973 00:38:52,868 --> 00:38:53,448 was it from Darth coin? 974 00:38:53,488 --> 00:38:53,748 He said, 975 00:38:53,888 --> 00:38:55,148 I have a simple rule. 976 00:38:55,168 --> 00:38:56,808 When I deal with on-chain transactions, 977 00:38:56,808 --> 00:38:58,688 all my wallet apps are set for BTC. 978 00:38:58,868 --> 00:38:59,728 When I deal with lighting payments, 979 00:38:59,768 --> 00:39:00,968 all my water steps to sets. 980 00:39:01,328 --> 00:39:02,528 So you'll never get confused, 981 00:39:02,628 --> 00:39:04,408 mislead or scam to do mistakes that cost you. 982 00:39:04,668 --> 00:39:05,028 Exactly. 983 00:39:06,308 --> 00:39:07,088 That's what I do. 984 00:39:10,568 --> 00:39:10,968 Topher, 985 00:39:11,008 --> 00:39:12,048 what do you think about all this stuff? 986 00:39:12,188 --> 00:39:15,128 Satoshi's or what's the other one they're trying to do? 987 00:39:15,328 --> 00:39:16,848 What's the European version they're trying to do? 988 00:39:17,868 --> 00:39:18,148 Uh, 989 00:39:18,188 --> 00:39:18,508 no, 990 00:39:18,708 --> 00:39:19,228 well, 991 00:39:19,728 --> 00:39:20,168 John, 992 00:39:20,288 --> 00:39:22,248 Carvalho. The European version. 993 00:39:22,448 --> 00:39:24,268 Oh, John Carvalho is the European version. 994 00:39:24,408 --> 00:39:26,428 He's trying to rename Satoshi's 995 00:39:26,428 --> 00:39:28,348 Bitcoin. Cool. Keep that in your... 996 00:39:28,348 --> 00:39:30,368 That's what I think. Oh, what about you, Topher? 997 00:39:30,488 --> 00:39:32,448 Do you have... Oh, Satoshi's all the 998 00:39:32,448 --> 00:39:33,868 way. Okay. I think 999 00:39:33,868 --> 00:39:36,408 I've realized there's like the Satoshi's 1000 00:39:36,408 --> 00:39:38,408 America and then there's like the European... 1001 00:39:39,988 --> 00:39:40,388 This is 1002 00:39:40,388 --> 00:39:42,228 like the... I think this is more millimeters. 1003 00:39:42,488 --> 00:39:44,288 What is that? The inches? Yeah, 1004 00:39:44,408 --> 00:39:46,248 meters versus the... I think this is... 1005 00:39:46,248 --> 00:39:48,368 I think this has more to do with that than 1006 00:39:48,368 --> 00:39:50,168 it does have to do with actual like... 1007 00:39:50,288 --> 00:39:52,208 Anything else? 1008 00:39:52,288 --> 00:39:53,288 I think it's just people 1009 00:39:53,288 --> 00:39:54,328 trying to middle manage 1010 00:39:54,328 --> 00:39:55,268 Bitcoin to death. 1011 00:39:55,628 --> 00:39:56,608 No, I actually think 1012 00:39:56,608 --> 00:39:57,308 it has more to do 1013 00:39:57,308 --> 00:39:58,048 with like a European 1014 00:39:58,048 --> 00:39:59,168 versus like a 1015 00:39:59,168 --> 00:40:00,048 American 1016 00:40:00,048 --> 00:40:01,468 Southern Hemisphere. 1017 00:40:01,688 --> 00:40:02,648 Wait, not Southern Hemisphere. 1018 00:40:03,068 --> 00:40:03,528 Western Hemisphere. 1019 00:40:03,528 --> 00:40:04,788 So we'll have like 1020 00:40:04,788 --> 00:40:07,088 a kilobitcoin 1021 00:40:07,088 --> 00:40:08,348 and a millibitcoin. 1022 00:40:08,448 --> 00:40:09,328 I actually think so. 1023 00:40:09,408 --> 00:40:10,308 Like I wouldn't be surprised 1024 00:40:10,308 --> 00:40:10,988 it has more to do 1025 00:40:10,988 --> 00:40:11,808 with that kind of logic 1026 00:40:11,808 --> 00:40:12,648 than anything else. 1027 00:40:13,248 --> 00:40:13,728 This is where my 1028 00:40:13,728 --> 00:40:14,568 spidey sense is. 1029 00:40:14,568 --> 00:40:15,168 Yeah, there may be like 1030 00:40:15,168 --> 00:40:16,628 there may be overthinking 1031 00:40:16,628 --> 00:40:17,848 units. 1032 00:40:18,308 --> 00:40:19,168 Because I think it probably 1033 00:40:19,168 --> 00:40:21,368 makes more sense for them because they're Europeans 1034 00:40:21,368 --> 00:40:22,808 and they think in 1035 00:40:22,808 --> 00:40:24,528 kilometers and shit. 1036 00:40:25,488 --> 00:40:27,128 And we're Americans, we think in miles. 1037 00:40:27,888 --> 00:40:29,068 If you really believe... 1038 00:40:29,068 --> 00:40:31,048 Because what's longer, a mile or a kilometer? I don't know. 1039 00:40:32,148 --> 00:40:33,048 Does it matter? 1040 00:40:33,168 --> 00:40:33,568 We're winning. 1041 00:40:34,848 --> 00:40:37,308 This is where I feel like Satoshi's 1042 00:40:37,308 --> 00:40:39,228 feel much more, so of course we want 1043 00:40:39,228 --> 00:40:41,128 much more. Why would we want anything 1044 00:40:41,128 --> 00:40:41,508 less? 1045 00:40:42,928 --> 00:40:45,088 If he really wanted to change it, he could change it in the 1046 00:40:45,088 --> 00:40:45,708 source code. 1047 00:40:47,088 --> 00:40:49,128 Because a coin is still a hundred million 1048 00:40:49,128 --> 00:40:51,488 Satoshi. I do. I will say one thing. 1049 00:40:51,528 --> 00:40:53,528 I do like the little B that the 1050 00:40:53,528 --> 00:40:55,568 logo B or whatever. So I 1051 00:40:55,568 --> 00:40:57,208 don't mind that as the logo, but 1052 00:40:57,208 --> 00:40:59,548 I think you should let it. Oh, yeah. You were flip-flopping 1053 00:40:59,548 --> 00:41:01,168 last night. Well, I do. 1054 00:41:01,248 --> 00:41:03,548 I do like the B. I do like the B 1055 00:41:03,548 --> 00:41:05,568 logo. Like, I don't mind 1056 00:41:05,568 --> 00:41:07,688 that. I think that was like, if there's anything, 1057 00:41:07,808 --> 00:41:09,508 I like the B logo. I just don't 1058 00:41:09,508 --> 00:41:11,208 like it not being called Satoshi's. 1059 00:41:12,308 --> 00:41:13,168 Does that make sense? 1060 00:41:13,408 --> 00:41:15,148 But why not? It's like a lightning bolt. 1061 00:41:15,708 --> 00:41:16,648 I like that too. 1062 00:41:16,648 --> 00:41:18,968 because the cool thing about sats 1063 00:41:18,968 --> 00:41:21,288 is you have satoshis 1064 00:41:21,288 --> 00:41:24,708 it emerged organically 1065 00:41:24,708 --> 00:41:26,928 you have the name of the creator in there 1066 00:41:26,928 --> 00:41:28,668 you can shorten it 1067 00:41:28,668 --> 00:41:30,508 sats it rolls off the tongue 1068 00:41:30,508 --> 00:41:31,568 it does roll off the tongue 1069 00:41:31,568 --> 00:41:33,508 sling me some sats 1070 00:41:33,508 --> 00:41:35,568 and we have the little lightning bolt 1071 00:41:35,568 --> 00:41:36,528 which is an emoji 1072 00:41:36,528 --> 00:41:39,688 so we don't need to wait for some organizational body 1073 00:41:39,688 --> 00:41:41,888 to approve a currency emoji 1074 00:41:41,888 --> 00:41:42,708 for bitcoin 1075 00:41:42,708 --> 00:41:44,788 we already have an emoji 1076 00:41:44,788 --> 00:41:46,628 I think we should use the dollar sign personally 1077 00:41:46,628 --> 00:41:47,908 but for Bitcoin. 1078 00:41:48,068 --> 00:41:48,348 Yeah. 1079 00:41:48,748 --> 00:41:49,708 For Satoshi's. 1080 00:41:49,708 --> 00:41:50,788 For Satoshi's. 1081 00:41:50,928 --> 00:41:51,488 I don't know. 1082 00:41:51,608 --> 00:41:52,308 Just the dollars. 1083 00:41:52,368 --> 00:41:53,588 You have it up here at the top. 1084 00:41:53,708 --> 00:41:54,108 I can't. 1085 00:41:54,128 --> 00:41:54,868 That's confusing. 1086 00:41:55,328 --> 00:41:55,748 I know. 1087 00:41:55,988 --> 00:41:56,708 But that's fucking good. 1088 00:41:57,128 --> 00:41:58,808 Austin wants to say something. 1089 00:41:59,608 --> 00:42:00,128 Come here. 1090 00:42:00,188 --> 00:42:00,448 Come here. 1091 00:42:00,508 --> 00:42:01,948 Austin, you want to say something? 1092 00:42:02,068 --> 00:42:02,528 Give him the mic. 1093 00:42:03,848 --> 00:42:04,768 I don't know. 1094 00:42:04,848 --> 00:42:05,588 I don't know what you're talking about. 1095 00:42:05,588 --> 00:42:07,028 I thought you were talking about the denomination. 1096 00:42:07,248 --> 00:42:08,408 Yeah, we're talking about the denomination. 1097 00:42:08,708 --> 00:42:08,868 Yeah. 1098 00:42:09,368 --> 00:42:10,368 This is what I want to talk about. 1099 00:42:10,468 --> 00:42:11,108 Fuck Op return. 1100 00:42:11,328 --> 00:42:12,168 Let's talk about this. 1101 00:42:12,888 --> 00:42:14,508 I mean, honestly, this is. 1102 00:42:15,648 --> 00:42:16,448 Give him the mic. 1103 00:42:16,448 --> 00:42:23,128 You know, Bitcoin developers need something to do. 1104 00:42:23,788 --> 00:42:27,068 Might as well change the units, change the filters, right? 1105 00:42:27,128 --> 00:42:28,028 We got to stay employed. 1106 00:42:28,888 --> 00:42:29,968 I mean, that's my only point. 1107 00:42:30,068 --> 00:42:30,328 Okay. 1108 00:42:30,548 --> 00:42:31,608 Dang, coming in hot. 1109 00:42:31,808 --> 00:42:32,508 Coming in hot. 1110 00:42:33,428 --> 00:42:34,888 He was in the pleb dev's office. 1111 00:42:34,988 --> 00:42:36,328 Now he's coming out of the hot box. 1112 00:42:36,588 --> 00:42:36,888 It's true. 1113 00:42:36,948 --> 00:42:40,168 There's nothing going on in Bitcoin except dumb debates like this. 1114 00:42:40,568 --> 00:42:45,648 I mean, like, when was the last, like, so I think of like full RBF. 1115 00:42:45,648 --> 00:42:51,008 That was like a meaningful kind of change that we argued about in a similar manner. 1116 00:42:51,728 --> 00:42:53,148 So there's still going to be those. 1117 00:42:53,448 --> 00:42:58,028 But in maybe this, I don't know if the Satoshis are it. 1118 00:42:58,108 --> 00:43:01,828 Maybe in the future, maybe when Bitcoin is at such a high price 1119 00:43:01,828 --> 00:43:08,328 or we start to actually struggle with the units as we're hitting mass adoption. 1120 00:43:08,568 --> 00:43:11,568 But right now we're like, I don't know, bike shedding? 1121 00:43:12,088 --> 00:43:13,928 Is that the, or grasping for straws? 1122 00:43:13,928 --> 00:43:20,548 I don't know. Jack Dorsey thought it was important. Maybe he has a hand on the pulse. 1123 00:43:21,168 --> 00:43:37,668 Yeah. And so there, maybe I would like to see a really good argument from like, hey, we've got all this data. We did all these user tests. We're deploying Bitcoin payments at scale larger than anyone. Here's a sound argument for why these units are better or this better conversion rate. 1124 00:43:37,668 --> 00:43:43,108 It's true. It looks like it was kind of top-down and not researched based on what they were talking about. 1125 00:43:43,428 --> 00:43:43,608 Yeah. 1126 00:43:43,848 --> 00:43:45,908 This post isn't really about that. 1127 00:43:46,048 --> 00:43:50,108 It's just about the history of the Satoshi naming, but we started to talk about it. 1128 00:43:50,728 --> 00:43:58,268 See, Satoshis actually have a history, whereas just renaming it to Bitcoin just erases all that history. 1129 00:43:58,268 --> 00:44:03,188 Yeah. My plebs by since tells me that they're trying to remove Satoshi from the name Bitcoin. 1130 00:44:03,188 --> 00:44:06,608 so there's no kind of cypherpunk movement 1131 00:44:06,608 --> 00:44:07,748 anymore attached to Bitcoin. 1132 00:44:07,928 --> 00:44:10,568 It becomes more palatable to the masses. 1133 00:44:10,828 --> 00:44:11,508 We should just cut up. 1134 00:44:11,888 --> 00:44:13,508 I'm going to, we should get one vote of cut up 1135 00:44:13,508 --> 00:44:14,988 every time you say Spidey Sense 1136 00:44:14,988 --> 00:44:17,148 and just all the stuff that comes after. 1137 00:44:17,328 --> 00:44:18,568 Car Spidey Sense. 1138 00:44:18,768 --> 00:44:19,488 Club Spidey Sense. 1139 00:44:19,708 --> 00:44:20,748 This is Club Spidey Sense. 1140 00:44:21,008 --> 00:44:23,428 And so like, this is where I think this is more of like, 1141 00:44:23,908 --> 00:44:26,568 it's trying to appear more to the masses 1142 00:44:26,568 --> 00:44:28,968 and global mass adoption, which is fine. 1143 00:44:29,428 --> 00:44:31,088 But let's just be honest about these things. 1144 00:44:31,248 --> 00:44:32,148 Like, that's all I'm saying. 1145 00:44:32,148 --> 00:44:33,108 because that's why I think 1146 00:44:33,108 --> 00:44:33,888 it's really going on. 1147 00:44:33,968 --> 00:44:34,928 It's like we need to talk, 1148 00:44:35,028 --> 00:44:36,048 we need to call them bits 1149 00:44:36,048 --> 00:44:37,808 so that way it's more palatable 1150 00:44:37,808 --> 00:44:38,468 to the masses. 1151 00:44:38,648 --> 00:44:39,448 Let's call it bits. 1152 00:44:39,668 --> 00:44:41,148 Cool, let's have that conversation now 1153 00:44:41,148 --> 00:44:42,308 instead of having the conversation 1154 00:44:42,308 --> 00:44:42,728 of like, 1155 00:44:43,088 --> 00:44:44,508 oh, this is better because of this. 1156 00:44:44,588 --> 00:44:45,408 It's like, no, it's not, dude. 1157 00:44:45,468 --> 00:44:46,788 I am remembering 1158 00:44:46,788 --> 00:44:49,748 Andreas on Joe Rogan 1159 00:44:49,748 --> 00:44:51,608 like the first time in 2014. 1160 00:44:52,088 --> 00:44:53,068 He's talking bits. 1161 00:44:53,948 --> 00:44:54,528 He's saying like, 1162 00:44:54,588 --> 00:44:57,288 oh, this is actually bits and millibits, 1163 00:44:57,668 --> 00:44:58,928 which I think is documented 1164 00:44:58,928 --> 00:45:00,508 in Mastering Bitcoin as well. 1165 00:45:00,588 --> 00:45:01,948 He's like, oh, I sent you 1166 00:45:02,148 --> 00:45:02,908 you know, 1167 00:45:02,948 --> 00:45:05,008 I'm sending you a hundred bits and, 1168 00:45:05,188 --> 00:45:05,408 Oh no, 1169 00:45:05,428 --> 00:45:05,568 no, 1170 00:45:05,568 --> 00:45:07,488 that's a hundred millibits or something like that. 1171 00:45:07,608 --> 00:45:09,928 So that's kind of a, 1172 00:45:10,208 --> 00:45:11,268 Andre's also a shit coiner now. 1173 00:45:11,348 --> 00:45:14,008 So it's kind of interesting. 1174 00:45:14,248 --> 00:45:15,408 Andre's is the original shit. 1175 00:45:15,468 --> 00:45:15,748 I think, 1176 00:45:15,948 --> 00:45:17,768 I think Jimmy song is also interest. 1177 00:45:18,108 --> 00:45:19,528 Also likes the name bits. 1178 00:45:19,868 --> 00:45:20,348 He's a, 1179 00:45:20,448 --> 00:45:22,208 he's pro pro bits. 1180 00:45:22,208 --> 00:45:22,528 I think, 1181 00:45:22,648 --> 00:45:23,028 I think, 1182 00:45:23,108 --> 00:45:25,368 I think it's a period of time that you were in Bitcoin. 1183 00:45:25,528 --> 00:45:25,948 Not Jimmy. 1184 00:45:26,188 --> 00:45:26,888 Don't tell me Jimmy. 1185 00:45:27,228 --> 00:45:27,928 And 2013, 1186 00:45:28,228 --> 00:45:29,288 I think he's in favor of bits. 1187 00:45:29,388 --> 00:45:31,208 I think he wanted to rename Satoshi. 1188 00:45:31,208 --> 00:45:32,788 Until I see a vlog post by him. 1189 00:45:33,108 --> 00:45:35,388 But I think with some really sound arguments around it, 1190 00:45:35,428 --> 00:45:37,148 then I'll listen. 1191 00:45:38,088 --> 00:45:39,168 Why not just say sats? 1192 00:45:39,268 --> 00:45:40,308 Why is it so hard? 1193 00:45:40,428 --> 00:45:41,448 Yeah, what's so wrong with sats? 1194 00:45:41,448 --> 00:45:43,088 Well, we're like in it, I think is the argument. 1195 00:45:43,088 --> 00:45:44,388 We have dollars and cents. 1196 00:45:44,788 --> 00:45:46,028 So why can't we have Bitcoin and sats? 1197 00:45:46,028 --> 00:45:47,948 I'll tell you another reason why it doesn't make any sense. 1198 00:45:48,048 --> 00:45:49,508 All these guys that we're talking about, 1199 00:45:49,768 --> 00:45:50,708 they don't even use Lightning. 1200 00:45:51,248 --> 00:45:53,268 So I don't think they get a vote, 1201 00:45:53,368 --> 00:45:55,228 like personally, if I'm being completely honest. 1202 00:45:55,808 --> 00:45:56,948 Like we at least use Lightning. 1203 00:45:57,328 --> 00:45:58,508 Well, we talked to Dorsey, 1204 00:45:58,768 --> 00:46:00,108 and our company uses Lightning. 1205 00:46:00,108 --> 00:46:01,808 Bitcoin. Okay, Dorsey does. 1206 00:46:02,148 --> 00:46:04,328 Airlog, Bitcoin Airlog, John Carvalho, 1207 00:46:04,428 --> 00:46:06,008 his company is building a lightning wallet. 1208 00:46:06,008 --> 00:46:07,668 Sure. So we're just going to have like 1209 00:46:07,668 --> 00:46:09,788 2.1 quadrillion Bitcoins? 1210 00:46:10,008 --> 00:46:11,908 Is that like what we're moving to? 1211 00:46:12,288 --> 00:46:13,228 That's what they want, yeah. 1212 00:46:13,368 --> 00:46:15,568 I just feel like it defaces 1213 00:46:15,568 --> 00:46:17,368 the bits. It totally does. 1214 00:46:17,368 --> 00:46:19,688 It makes it look like other bits 1215 00:46:19,688 --> 00:46:21,728 on the internet. Like there's history here. 1216 00:46:21,808 --> 00:46:23,068 You should embrace that history. 1217 00:46:23,208 --> 00:46:24,928 You should try to fucking erase it. 1218 00:46:24,968 --> 00:46:26,288 Look at all the history. Sanitize it. 1219 00:46:26,648 --> 00:46:29,308 This is all corporate bullshit. You have to educate people 1220 00:46:29,308 --> 00:46:33,428 on the history and that's maybe inconvenient if you're like, look at this history. 1221 00:46:33,428 --> 00:46:37,348 You're running an exchange and you want people to feel like they're getting a lot of something. 1222 00:46:37,888 --> 00:46:38,388 Yeah. 1223 00:46:38,388 --> 00:46:39,848 Rather than a fraction of something. 1224 00:46:39,848 --> 00:46:41,008 I'm saying Sats, baby. 1225 00:46:41,308 --> 00:46:41,808 Nope. 1226 00:46:43,008 --> 00:46:43,588 Are you moving? 1227 00:46:43,588 --> 00:46:45,548 When are you moving to Bits? 1228 00:46:45,548 --> 00:46:46,468 It sounds like you're about to. 1229 00:46:46,548 --> 00:46:46,808 Yeah. 1230 00:46:46,808 --> 00:46:57,664 It says Stacker News Are we going to call it Stacker Bits Are we calling it Stacker Bits I proud advocate I like stats obviously We should call them cowboy credits Cowboy Bits There we go Cowboy Bits now 1231 00:46:57,824 --> 00:46:58,484 Are we, this is what we're doing? 1232 00:46:58,644 --> 00:46:59,744 I'd be in support of that. 1233 00:46:59,864 --> 00:47:00,344 I should make. 1234 00:47:00,424 --> 00:47:01,044 Bits are cool. 1235 00:47:01,284 --> 00:47:02,324 That doesn't even sound right. 1236 00:47:02,964 --> 00:47:06,204 I want to go back to my point of like, okay, where's the data, right? 1237 00:47:06,204 --> 00:47:07,504 Because there's lots of arguments. 1238 00:47:07,724 --> 00:47:08,124 Exactly. 1239 00:47:08,264 --> 00:47:09,664 Let's bring some data into the picture. 1240 00:47:09,664 --> 00:47:16,264 And then also just as a principle, the burden of proof, the burden of you should do something 1241 00:47:16,264 --> 00:47:18,064 should be on the person trying to make a change. 1242 00:47:18,204 --> 00:47:20,664 So it's like, come with data. 1243 00:47:21,304 --> 00:47:22,304 Not with seniority. 1244 00:47:22,564 --> 00:47:22,744 Right? 1245 00:47:22,844 --> 00:47:25,104 But then also probably come with a, 1246 00:47:25,304 --> 00:47:27,084 first of all, a spec that considers 1247 00:47:27,084 --> 00:47:28,544 that is like backwards compatible. 1248 00:47:29,124 --> 00:47:30,124 Well, he has a spec. 1249 00:47:30,124 --> 00:47:32,484 Allow exchanges to opt in to this other. 1250 00:47:32,504 --> 00:47:34,124 To Corrales credit, he does have a spec, 1251 00:47:34,284 --> 00:47:35,364 but he doesn't actually. 1252 00:47:35,364 --> 00:47:37,744 And to be fair, I haven't fully read the spec. 1253 00:47:37,824 --> 00:47:40,004 So maybe he considers like backwards compatibility. 1254 00:47:40,004 --> 00:47:40,804 We've talked about that. 1255 00:47:40,824 --> 00:47:41,684 I've had him on the podcast. 1256 00:47:41,784 --> 00:47:42,864 We've talked about this before. 1257 00:47:43,184 --> 00:47:43,804 That's not the problem. 1258 00:47:43,884 --> 00:47:45,664 I'm just saying like he doesn't actually have 1259 00:47:45,664 --> 00:47:46,784 what you're talking about, the data. 1260 00:47:47,244 --> 00:47:48,164 He just has a spec. 1261 00:47:48,504 --> 00:47:48,964 Fair enough. 1262 00:47:49,044 --> 00:47:51,224 And like, hey, maybe he just doesn't have access 1263 00:47:51,224 --> 00:47:53,024 to the data, like, you know, whatever. 1264 00:47:53,124 --> 00:47:55,384 They have their BitKit wallet data, 1265 00:47:55,524 --> 00:47:57,964 but, you know, this is where Jack could step in. 1266 00:47:58,024 --> 00:47:58,764 And it's like, look, 1267 00:47:58,864 --> 00:48:00,824 if there was a backwards compatible spec 1268 00:48:00,824 --> 00:48:04,804 and exchanges decide they want to opt into it. 1269 00:48:06,084 --> 00:48:08,384 Dude, Cash App is making like $4 billion a year. 1270 00:48:08,464 --> 00:48:09,084 No, they're fine. 1271 00:48:09,264 --> 00:48:12,524 I mean, that's like, hey, that's just my devil's advocate position. 1272 00:48:12,644 --> 00:48:14,304 That's for me where it'd be like acceptable. 1273 00:48:14,644 --> 00:48:15,444 I'm agreeing with you. 1274 00:48:15,444 --> 00:48:16,644 I'm saying if they have 4 billion, 1275 00:48:16,764 --> 00:48:17,844 they make $4 billion a year. 1276 00:48:17,924 --> 00:48:18,864 They have the data. 1277 00:48:19,684 --> 00:48:20,844 They could put that together. 1278 00:48:20,964 --> 00:48:23,964 They could make a river thing like river does. 1279 00:48:24,164 --> 00:48:25,344 So yeah, 1280 00:48:25,344 --> 00:48:25,904 I agree with you. 1281 00:48:25,944 --> 00:48:26,624 They could do that. 1282 00:48:28,284 --> 00:48:29,464 Send all your feedback to, 1283 00:48:29,464 --> 00:48:32,344 to Bitcoin error log at gmail.com. 1284 00:48:32,704 --> 00:48:34,744 Club dev at club.com. 1285 00:48:34,744 --> 00:48:35,264 There you go. 1286 00:48:36,204 --> 00:48:37,184 Fuck bits. 1287 00:48:37,964 --> 00:48:38,824 Fuck the bib. 1288 00:48:39,904 --> 00:48:41,444 Fuck focus groups. 1289 00:48:41,884 --> 00:48:44,224 I don't care what a focus group says about it. 1290 00:48:44,224 --> 00:48:45,604 I know you're playing devil's advocate. 1291 00:48:45,884 --> 00:48:46,224 Bring it. 1292 00:48:46,324 --> 00:48:47,244 Yeah, bring it to Bitcoin. 1293 00:48:47,304 --> 00:48:48,744 Talk if you want to change the name. 1294 00:48:50,024 --> 00:48:52,324 I think Saylor was right. 1295 00:48:53,544 --> 00:48:54,564 Saylor was right. 1296 00:48:55,104 --> 00:48:56,064 If you find, like, 1297 00:48:56,204 --> 00:48:58,584 funding people trying to do the best thing for Bitcoin 1298 00:48:58,584 --> 00:48:59,904 will probably kill Bitcoin. 1299 00:49:00,064 --> 00:49:01,904 Because, like, now we just have all this 1300 00:49:01,904 --> 00:49:03,444 middle manager bullshit happening. 1301 00:49:04,044 --> 00:49:06,204 It's like nothing real is being developed right now. 1302 00:49:06,244 --> 00:49:07,684 It's just all middle manager bullshit. 1303 00:49:08,204 --> 00:49:09,344 Arguing about Operaturn. 1304 00:49:09,524 --> 00:49:11,484 Arguing about, are we going to call it stats or bits? 1305 00:49:11,624 --> 00:49:12,124 Or Bitcoin? 1306 00:49:12,904 --> 00:49:13,784 Fuck all of this shit. 1307 00:49:13,784 --> 00:49:16,284 We need like a Steve Jobs to come into Bitcoin. 1308 00:49:16,804 --> 00:49:18,504 Just like, fuck what the user thinks. 1309 00:49:18,584 --> 00:49:19,484 They don't know what they want. 1310 00:49:19,544 --> 00:49:20,764 I know what the user wants. 1311 00:49:21,464 --> 00:49:25,364 Like, you need that kind of alpha to just like put shit out there. 1312 00:49:26,284 --> 00:49:28,584 Dude, like, Sats is like, you got the culture. 1313 00:49:29,144 --> 00:49:30,504 You got the sex appeal. 1314 00:49:30,684 --> 00:49:32,244 Like, it's already established. 1315 00:49:32,464 --> 00:49:33,904 All the builders use it. 1316 00:49:34,484 --> 00:49:36,784 Like, why would you want to rip that out? 1317 00:49:36,944 --> 00:49:39,024 Do some middle manager shit and just like rip it out. 1318 00:49:39,064 --> 00:49:41,524 We're going to change it to Bitcoin because our focus group said. 1319 00:49:41,524 --> 00:49:42,484 They're trying to make it. 1320 00:49:42,484 --> 00:49:44,164 That's scary. 1321 00:49:44,164 --> 00:49:45,804 My pleb Spidey sense tells me 1322 00:49:45,804 --> 00:49:47,304 we're trying to make it palatable to the masses. 1323 00:49:47,524 --> 00:49:50,164 That's why it's not buttoned up, Topher. 1324 00:49:50,424 --> 00:49:51,904 Can you imagine what Bitcoin would be like 1325 00:49:51,904 --> 00:49:53,824 if we tried to make it palatable to the masses? 1326 00:49:53,844 --> 00:49:55,004 We need to scale to 8 billion people. 1327 00:49:55,004 --> 00:49:55,484 Since the beginning. 1328 00:49:55,644 --> 00:49:56,384 Did you not get the memo? 1329 00:49:56,644 --> 00:49:58,004 We need to scale to 8 billion people. 1330 00:50:01,404 --> 00:50:02,304 Fuck that memo. 1331 00:50:03,564 --> 00:50:03,964 Anyways. 1332 00:50:04,904 --> 00:50:06,704 Dude, 8 billion people can use it now. 1333 00:50:07,024 --> 00:50:10,164 We have 2.1 quadrillion Satoshis. 1334 00:50:10,164 --> 00:50:13,524 Satoshis. There's plenty of Satoshis to go around. 1335 00:50:13,644 --> 00:50:16,124 But if they were called Bitcoins, there'd be more to go around. 1336 00:50:18,404 --> 00:50:20,724 Right? That's the argument. I don't know. 1337 00:50:20,884 --> 00:50:25,504 Yes. We need to rename Benjamins to dollars. 1338 00:50:26,644 --> 00:50:30,644 So now if I have a dollar, I feel like I have a Benjamin now. 1339 00:50:31,084 --> 00:50:34,144 Because dollars is just not enough in this economy. 1340 00:50:34,664 --> 00:50:36,344 It's just not enough to have a dollar. 1341 00:50:36,344 --> 00:50:38,384 So we rename it to Benjamins 1342 00:50:38,384 --> 00:50:41,124 And now I feel like I have a stack of Benjamins in my wallet 1343 00:50:41,124 --> 00:50:42,964 Just call a dollar a hundred dollars 1344 00:50:42,964 --> 00:50:44,244 Yeah why not 1345 00:50:44,244 --> 00:50:46,724 You got to keep up with inflation 1346 00:50:46,724 --> 00:50:49,604 So you're saying this is like the pizza argument 1347 00:50:49,604 --> 00:50:50,484 About Bitcoin 1348 00:50:50,484 --> 00:50:53,024 Yeah this actually is the whole pizza 1349 00:50:53,024 --> 00:50:54,404 It's similar 1350 00:50:54,404 --> 00:50:57,344 This is what they used to give Vitalik shit about 1351 00:50:57,344 --> 00:50:57,884 Didn't they 1352 00:50:57,884 --> 00:51:00,504 About the pizza thing where they would say 1353 00:51:00,504 --> 00:51:02,304 Oh you can just cut it into slices remember 1354 00:51:02,304 --> 00:51:04,604 They used to give Vitalik shit about that 1355 00:51:04,604 --> 00:51:06,364 Oh man, dude. 1356 00:51:07,504 --> 00:51:08,004 Oh man. 1357 00:51:08,244 --> 00:51:09,444 This is a disappointing cycle 1358 00:51:09,444 --> 00:51:11,264 for a lot of reasons. 1359 00:51:12,964 --> 00:51:13,484 Anyways, 1360 00:51:13,924 --> 00:51:16,444 that's all the top stories this week. 1361 00:51:17,184 --> 00:51:18,964 The number... 1362 00:51:18,964 --> 00:51:19,524 What's... 1363 00:51:19,524 --> 00:51:20,524 That's not the number one. 1364 00:51:21,484 --> 00:51:22,604 Yeah, that's all the top stories this week. 1365 00:51:22,644 --> 00:51:23,844 We're going to jump into 1366 00:51:23,844 --> 00:51:26,084 AI Bitcoin segment. 1367 00:51:26,284 --> 00:51:27,984 This is This Week in AI. 1368 00:51:29,604 --> 00:51:31,264 Optimism posted This Week in AI 1369 00:51:31,264 --> 00:51:32,864 for September 8th through the 14th. 1370 00:51:32,864 --> 00:51:34,844 scores be sure to interesting posts. 1371 00:51:34,904 --> 00:51:36,844 I don't know if you saw this one about the 5,000 podcast. 1372 00:51:36,964 --> 00:51:41,604 Apparently there's some interesting data from the Hollywood reporter that 1373 00:51:41,604 --> 00:51:44,564 shows that the use of AI to mass produce podcasts, 1374 00:51:44,644 --> 00:51:46,604 reduce costs per episode to a dollar, 1375 00:51:46,784 --> 00:51:49,324 turn successful podcasts into influencers and profit. 1376 00:51:50,624 --> 00:51:55,044 So basically they're just like putting out all these shows with AI and 1377 00:51:55,044 --> 00:51:57,184 they're just like kind of dumping them on people. 1378 00:51:57,184 --> 00:52:00,824 And then they're just sourcing these advertising fiat dollars. 1379 00:52:00,864 --> 00:52:02,584 And people are listening and they're making money from them. 1380 00:52:02,664 --> 00:52:02,844 Yeah. 1381 00:52:02,864 --> 00:52:03,344 Yeah. 1382 00:52:03,764 --> 00:52:04,784 Really interesting stuff. 1383 00:52:05,024 --> 00:52:08,984 I wanted to bring up a couple, which was this one. 1384 00:52:09,064 --> 00:52:10,664 This was interesting. 1385 00:52:10,764 --> 00:52:13,724 The one that you posted about OpenAIDS version one. 1386 00:52:14,444 --> 00:52:15,564 I don't know if you saw this. 1387 00:52:16,544 --> 00:52:18,324 Did you see this? 1388 00:52:18,624 --> 00:52:19,784 I shared the story. 1389 00:52:20,384 --> 00:52:21,364 It's called Alter Ego. 1390 00:52:22,164 --> 00:52:23,344 You'll love this, Topher. 1391 00:52:23,764 --> 00:52:25,584 It allows you to… 1392 00:52:25,584 --> 00:52:26,464 Haven't you seen this? 1393 00:52:27,284 --> 00:52:28,264 You want to explain it, Kian? 1394 00:52:29,344 --> 00:52:29,764 Yeah. 1395 00:52:30,224 --> 00:52:32,424 It's where it reads your thoughts. 1396 00:52:32,864 --> 00:52:36,584 Or you have sub-vocalizations, and it can measure. 1397 00:52:36,884 --> 00:52:38,004 Yeah, I've been waiting for this. 1398 00:52:38,404 --> 00:52:38,684 Yeah. 1399 00:52:39,244 --> 00:52:40,164 I've been waiting for this. 1400 00:52:40,304 --> 00:52:44,704 So without talking, you're communicating with a chatbot, basically. 1401 00:52:44,964 --> 00:52:49,044 And it can communicate with other people having the same wearable. 1402 00:52:49,444 --> 00:52:56,004 So this technology was prophesied in Metal Gear Solid 2. 1403 00:52:57,344 --> 00:52:58,644 Or Metal Gear Solid 1. 1404 00:52:58,644 --> 00:52:59,484 One of the Metal Gears. 1405 00:52:59,564 --> 00:53:01,344 I think it was Metal Gear Solid 2. 1406 00:53:01,844 --> 00:53:04,784 But yeah, they would have something that reads their vocal cords. 1407 00:53:04,904 --> 00:53:06,944 Because when you're thinking about speech, 1408 00:53:06,944 --> 00:53:09,204 you're still activating your vocal cords. 1409 00:53:09,544 --> 00:53:09,684 Yeah. 1410 00:53:09,804 --> 00:53:11,324 So you just need to tap into that 1411 00:53:11,324 --> 00:53:13,424 and then convert that into something 1412 00:53:13,424 --> 00:53:16,124 that you can actually communicate and transmit electronically. 1413 00:53:17,124 --> 00:53:18,344 So I've just been waiting for this. 1414 00:53:18,344 --> 00:53:20,764 So what's the technology, Topher? 1415 00:53:21,484 --> 00:53:23,104 Well, I don't know how they're doing it. 1416 00:53:23,104 --> 00:53:27,624 I think they're measuring something in a certain region of the brain 1417 00:53:27,624 --> 00:53:29,784 and possibly like facial muscles, 1418 00:53:29,784 --> 00:53:31,564 like activity and facial muscles. 1419 00:53:32,044 --> 00:53:36,384 Okay, because when I saw this earlier today, 1420 00:53:36,504 --> 00:53:37,464 because I was going to put this in, 1421 00:53:37,624 --> 00:53:38,564 we're going to talk about it. 1422 00:53:38,964 --> 00:53:41,884 I call somewhat BS to this. 1423 00:53:42,584 --> 00:53:43,184 Hear me out. 1424 00:53:43,844 --> 00:53:45,104 Also plebs body sense. 1425 00:53:45,884 --> 00:53:46,864 Oh, cut it. 1426 00:53:48,584 --> 00:53:49,804 Now hear me out. 1427 00:53:50,084 --> 00:53:51,744 So when you watch him talk, 1428 00:53:51,924 --> 00:53:54,284 I feel like this is a ventriloquist trick. 1429 00:53:54,544 --> 00:53:55,944 So look at his throat. 1430 00:53:56,184 --> 00:53:59,144 I feel like he's still doing the facial muscle trick 1431 00:53:59,144 --> 00:54:00,284 where he's like saying, he's like, 1432 00:54:01,304 --> 00:54:02,424 where do you want to go for lunch? 1433 00:54:02,444 --> 00:54:03,884 But he's not actually speaking it. 1434 00:54:04,024 --> 00:54:08,744 And the other guy's talking with this thing. 1435 00:54:09,024 --> 00:54:10,884 And I think that's where they're actually 1436 00:54:10,884 --> 00:54:12,024 getting the data from. 1437 00:54:12,644 --> 00:54:14,824 And it's probably not 100% correct. 1438 00:54:15,244 --> 00:54:16,684 And then if you see that little thin wire 1439 00:54:16,684 --> 00:54:17,404 that's coming from him 1440 00:54:17,404 --> 00:54:18,564 and it goes underneath the chair, 1441 00:54:18,744 --> 00:54:20,364 it's probably hooked up to a big ass computer. 1442 00:54:21,104 --> 00:54:22,784 You can see the wire go underneath. 1443 00:54:23,504 --> 00:54:24,984 All that to say like, 1444 00:54:26,104 --> 00:54:27,724 it's not telepathic. 1445 00:54:27,724 --> 00:54:29,224 It's not even near telepathic. 1446 00:54:29,784 --> 00:54:34,544 And I think this is just more fluff than hype. 1447 00:54:34,984 --> 00:54:38,944 Just so people don't think like we're at freaking looper yet 1448 00:54:38,944 --> 00:54:40,444 where you can like spin a quarter and shit. 1449 00:54:40,544 --> 00:54:41,164 That's all I'm saying. 1450 00:54:41,664 --> 00:54:42,044 Yeah, I don't- 1451 00:54:42,044 --> 00:54:44,364 I mean, not telekinesis, but you know what I'm trying to say. 1452 00:54:44,504 --> 00:54:46,864 It depends how you define telepathic. 1453 00:54:47,224 --> 00:54:48,844 I can read your mind from here. 1454 00:54:49,704 --> 00:54:51,604 Like, what do you mean by reading my mind? 1455 00:54:51,664 --> 00:54:52,964 Or I can send you a message from here. 1456 00:54:52,964 --> 00:54:55,484 Because my mind controls all my muscles. 1457 00:54:55,484 --> 00:55:02,184 so can you read my mind if my mind controls my mouth to say things like how how silly do you 1458 00:55:02,184 --> 00:55:07,744 want to get let's try let's try this right now what number am i thinking of five no now let me 1459 00:55:07,744 --> 00:55:15,424 guess for you you pick a number right now okay one through ten okay you got one seven yeah see 1460 00:55:15,424 --> 00:55:20,484 doesn't work now that's what i'm saying but with this this this head but but the thing is is like 1461 00:55:20,484 --> 00:55:25,644 so if you asked me what number was I thinking and then I were to speak it, 1462 00:55:25,644 --> 00:55:26,964 but without sound, 1463 00:55:27,044 --> 00:55:29,864 like I'm just sort of using my vocal cords, 1464 00:55:29,984 --> 00:55:32,304 but not actually making speech like, 1465 00:55:32,424 --> 00:55:36,384 and then you had some device that would pick up on that wherever, 1466 00:55:36,524 --> 00:55:39,844 whether it's picking it up on my throat or picking up in my brain connected to 1467 00:55:39,844 --> 00:55:40,324 my throat. 1468 00:55:40,544 --> 00:55:41,024 Like, 1469 00:55:41,064 --> 00:55:43,184 is that still telepathy? 1470 00:55:43,884 --> 00:55:48,884 Like you're just hijacking the vocal cords to read out like what a person 1471 00:55:48,884 --> 00:55:49,824 would be saying. 1472 00:55:49,824 --> 00:55:52,564 but it is coming from your mind 1473 00:55:52,564 --> 00:55:54,624 but is it telepathy? 1474 00:55:54,844 --> 00:55:56,684 Is it what you would consider telepathy 1475 00:55:56,684 --> 00:55:58,864 versus you're reading the muscle 1476 00:55:58,864 --> 00:56:01,164 movements to a person's 1477 00:56:01,164 --> 00:56:03,044 vocal cords? I do think you can 1478 00:56:03,044 --> 00:56:04,464 get to telepathy already 1479 00:56:04,464 --> 00:56:06,804 just by knowing somebody over 1480 00:56:06,804 --> 00:56:08,664 a course of time. 1481 00:56:09,484 --> 00:56:21,200 I don know if you can read your wife mind but I would say after you spend time with an individual for long enough you could probably have a conversation with them where you could probably know what they thinking 1482 00:56:21,940 --> 00:56:23,400 Yeah, like theory of mind. 1483 00:56:23,540 --> 00:56:25,800 You can actually model somebody else's mind 1484 00:56:25,800 --> 00:56:27,740 because you just know them well enough 1485 00:56:27,740 --> 00:56:29,120 that you know what they would think. 1486 00:56:29,120 --> 00:56:31,140 You still couldn't guess the number that's in their head. 1487 00:56:31,220 --> 00:56:31,800 Probably, yeah. 1488 00:56:32,920 --> 00:56:33,560 Maybe, yeah. 1489 00:56:33,560 --> 00:56:34,540 If they had a favorite number. 1490 00:56:34,620 --> 00:56:36,160 Anyways, I thought it was an interesting post. 1491 00:56:36,220 --> 00:56:37,260 Kiyo, did you have anything else on this? 1492 00:56:37,640 --> 00:56:39,260 No, but I do think you're right 1493 00:56:39,260 --> 00:56:40,800 that it is probably overhyped 1494 00:56:40,800 --> 00:56:41,860 because they're pursuing 1495 00:56:41,860 --> 00:56:45,500 probably a large fundraising round. 1496 00:56:46,000 --> 00:56:48,840 You can heavily produce video. 1497 00:56:50,260 --> 00:56:52,760 They're probably trying to go 1498 00:56:52,760 --> 00:56:54,560 to like a very large VCs 1499 00:56:54,560 --> 00:56:57,180 and get a bunch of money. 1500 00:56:57,580 --> 00:56:58,960 Just lots of it. 1501 00:56:59,620 --> 00:56:59,780 Cool. 1502 00:56:59,880 --> 00:57:03,560 The next AI wave or telepathy. 1503 00:57:04,100 --> 00:57:06,180 Maybe we'll see more telepathy startups. 1504 00:57:06,180 --> 00:57:09,620 I think there was another one 1505 00:57:09,620 --> 00:57:12,160 I think it's mostly in the phase right now 1506 00:57:12,160 --> 00:57:13,940 where we're going to mock it for 10 years 1507 00:57:13,940 --> 00:57:15,740 and then everyone's going to be using it 1508 00:57:15,740 --> 00:57:16,420 just like AI 1509 00:57:16,420 --> 00:57:18,640 we're all going to lose the ability to speak 1510 00:57:18,640 --> 00:57:21,580 and then 100,000 years from now 1511 00:57:21,580 --> 00:57:22,620 none of us will have mouths 1512 00:57:22,620 --> 00:57:23,480 because we don't need them 1513 00:57:23,480 --> 00:57:24,660 we're just using these devices 1514 00:57:24,660 --> 00:57:27,200 no one talks 1515 00:57:27,200 --> 00:57:28,960 there's no need anymore 1516 00:57:28,960 --> 00:57:30,100 because we're just communicating 1517 00:57:30,100 --> 00:57:31,820 it's just a bunch of tizzards 1518 00:57:31,820 --> 00:57:34,160 yeah, no full tizzards 1519 00:57:34,160 --> 00:57:36,160 that'll be the only one that survives, dude 1520 00:57:36,180 --> 00:57:39,080 Yeah, you won't need Tiz Whispers anymore. 1521 00:57:39,460 --> 00:57:40,520 It'll just be full Tizered. 1522 00:57:40,700 --> 00:57:42,120 Oh, no, you still need Tiz Whispers. 1523 00:57:42,500 --> 00:57:44,540 No, because they need to be told what to do. 1524 00:57:45,080 --> 00:57:48,040 Oh, so it'll be more... 1525 00:57:48,880 --> 00:57:52,540 Tiz Whispers just won't be whispering. 1526 00:57:52,720 --> 00:57:55,260 What's the other one between a Tiz and a... 1527 00:57:55,260 --> 00:57:55,820 What's the other one? 1528 00:57:55,860 --> 00:57:56,400 There's Riz. 1529 00:57:56,640 --> 00:57:59,260 Yeah, so maybe the Tiz, it'll be a Riz Whisperer. 1530 00:57:59,700 --> 00:58:02,240 So the Tiz will become the Riz Whisperer, right? 1531 00:58:02,840 --> 00:58:04,640 Oh, yeah, but that'll be terrible. 1532 00:58:05,280 --> 00:58:08,860 Yeah, so the Tizzards will be Riz whispering. 1533 00:58:09,500 --> 00:58:11,180 You don't want either of those guys in control. 1534 00:58:11,300 --> 00:58:13,140 You kind of need, you want the main characters. 1535 00:58:13,900 --> 00:58:15,900 Because they're like, they're like not, 1536 00:58:16,040 --> 00:58:18,020 they're not oriented too far one way or another. 1537 00:58:18,200 --> 00:58:20,560 They got the right amount of Riz, the right amount of Tiz. 1538 00:58:21,120 --> 00:58:22,300 And they're going to keep the world balanced. 1539 00:58:22,400 --> 00:58:23,260 It's like the Force. 1540 00:58:23,340 --> 00:58:24,300 It's like Star Wars. 1541 00:58:24,440 --> 00:58:26,200 People who are watching this show for the first time, 1542 00:58:26,240 --> 00:58:27,520 they're like, what the hell are they talking about? 1543 00:58:27,520 --> 00:58:28,900 Riz is like the dark side. 1544 00:58:29,400 --> 00:58:31,560 Then Tiz is, are like Jedi. 1545 00:58:31,560 --> 00:58:32,400 Riz is the dark side. 1546 00:58:32,540 --> 00:58:33,860 I think Riz is the dark side. 1547 00:58:34,640 --> 00:58:38,180 That's where all the con people were in the Riz versus Tiz thing. 1548 00:58:38,720 --> 00:58:40,900 They're all full Riz, no Tiz. 1549 00:58:41,200 --> 00:58:43,360 You add a little Tiz and they become good. 1550 00:58:43,700 --> 00:58:46,300 Go back a couple episodes and you'll see what we're talking about. 1551 00:58:46,500 --> 00:58:47,340 This is a great... 1552 00:58:47,340 --> 00:58:49,860 I think it's actually clipped in the thing. 1553 00:58:50,280 --> 00:58:51,540 You think these guys are Tizards? 1554 00:58:52,580 --> 00:58:52,980 Definitely. 1555 00:58:53,420 --> 00:58:55,360 I would guess they got a blend. 1556 00:58:56,120 --> 00:58:57,780 He looks like a... 1557 00:58:57,780 --> 00:58:58,560 He's more Rizzy. 1558 00:58:58,740 --> 00:59:00,240 I think he's more Rizzy. 1559 00:59:00,360 --> 00:59:01,480 The other guy's more Tizzy for sure. 1560 00:59:01,480 --> 00:59:02,560 How about that soy face? 1561 00:59:03,080 --> 00:59:03,520 Come on. 1562 00:59:03,520 --> 00:59:04,900 you don't think he's that rizzy 1563 00:59:04,900 --> 00:59:06,200 which one 1564 00:59:06,200 --> 00:59:06,980 the one on the right 1565 00:59:06,980 --> 00:59:08,820 well the guy from before 1566 00:59:08,820 --> 00:59:10,140 the white guy 1567 00:59:10,140 --> 00:59:11,340 this guy 1568 00:59:11,340 --> 00:59:11,740 the Indian 1569 00:59:11,740 --> 00:59:12,400 I didn't catch him 1570 00:59:12,400 --> 00:59:13,480 I don't know if this guy's Indian 1571 00:59:13,480 --> 00:59:14,260 but 1572 00:59:14,260 --> 00:59:15,920 he very well could be 1573 00:59:15,920 --> 00:59:18,100 maybe they have that like 1574 00:59:18,100 --> 00:59:19,300 weird zoomer fro 1575 00:59:19,300 --> 00:59:20,900 hairstyle going on 1576 00:59:20,900 --> 00:59:21,280 so 1577 00:59:21,280 --> 00:59:22,320 he looks full tiz 1578 00:59:22,320 --> 00:59:22,720 on the right 1579 00:59:22,720 --> 00:59:23,720 this guy right here 1580 00:59:23,720 --> 00:59:25,340 oh no he's not full tiz though 1581 00:59:25,340 --> 00:59:26,600 he's got a little riz 1582 00:59:26,600 --> 00:59:27,180 look at him 1583 00:59:27,180 --> 00:59:28,080 he's got his head 1584 00:59:28,080 --> 00:59:29,400 his hair is like 1585 00:59:29,400 --> 00:59:30,240 perfectly to show 1586 00:59:30,240 --> 00:59:31,240 your hair looks like that 1587 00:59:31,240 --> 00:59:32,220 he just woke up 1588 00:59:32,220 --> 00:59:33,500 no he made it look like that 1589 00:59:33,520 --> 00:59:35,260 though. He has like hair wax. 1590 00:59:35,300 --> 00:59:37,220 That's how you know when people are full tizzards 1591 00:59:37,220 --> 00:59:39,040 is because their hair is like messed up. 1592 00:59:39,120 --> 00:59:40,480 Because Topher doesn't have a mohawk. 1593 00:59:41,020 --> 00:59:41,720 He might be Riz. 1594 00:59:45,140 --> 00:59:45,540 No. 1595 00:59:46,080 --> 00:59:47,160 I think, no, I think 1596 00:59:47,160 --> 00:59:49,440 he's not, he's mostly Tiz 1597 00:59:49,440 --> 00:59:51,580 but he's got some Riz to him. So he's probably 1598 00:59:51,580 --> 00:59:53,700 I would guess he's high Tiz 1599 00:59:53,700 --> 00:59:55,540 and like medium 1600 00:59:55,540 --> 00:59:57,300 Riz. So he's probably around 1601 00:59:57,300 --> 00:59:58,180 cracked somewhere. 1602 01:00:00,640 --> 01:00:01,080 Okay. 1603 01:00:01,860 --> 01:00:03,580 Anyway, I wanted to bring that up. 1604 01:00:03,700 --> 01:00:08,580 And then the other one was the Apple latest bid to purchase Perplexity. 1605 01:00:08,660 --> 01:00:09,180 Did you see this? 1606 01:00:11,820 --> 01:00:12,660 I imagine. 1607 01:00:13,000 --> 01:00:16,020 So, you know, this is what these companies do with these large treasuries. 1608 01:00:16,600 --> 01:00:16,840 Yeah. 1609 01:00:18,760 --> 01:00:20,960 They haven't said that they're going to buy it yet, 1610 01:00:20,960 --> 01:00:25,960 but they did talk about how one of their AI people has left. 1611 01:00:26,680 --> 01:00:28,020 I don't think it's in this post. 1612 01:00:28,160 --> 01:00:29,000 To go to Perplexity? 1613 01:00:29,280 --> 01:00:29,540 No. 1614 01:00:29,540 --> 01:00:34,520 So one of the top like AI people of Apple has left recently. 1615 01:00:34,680 --> 01:00:35,340 Very recently. 1616 01:00:35,500 --> 01:00:37,600 Like last Friday, recently. 1617 01:00:38,080 --> 01:00:40,660 And so they're like in scramble mode apparently. 1618 01:00:42,040 --> 01:00:44,800 Anyways, and then they're just unable to like execute yet. 1619 01:00:44,900 --> 01:00:47,880 And then they just released the new iPhone this week or was it last week? 1620 01:00:48,260 --> 01:00:48,700 Last week. 1621 01:00:49,280 --> 01:00:51,440 And so they're just like, they're behind. 1622 01:00:51,440 --> 01:01:00,580 A friend of mine was friends with one of the children of the person who made Siri. 1623 01:01:01,400 --> 01:01:03,100 Like, Siri was an acquisition for Apple. 1624 01:01:03,240 --> 01:01:03,360 Yeah. 1625 01:01:03,600 --> 01:01:05,760 And I think they paid hundreds of millions of dollars. 1626 01:01:05,860 --> 01:01:05,980 Yeah. 1627 01:01:06,040 --> 01:01:09,920 I think he said he went to their house, and it was just retarded. 1628 01:01:10,320 --> 01:01:14,520 It was just like big and rich. 1629 01:01:14,740 --> 01:01:15,860 Just like retarded big. 1630 01:01:15,860 --> 01:01:18,980 It's like when Microsoft bought Minecraft. 1631 01:01:19,800 --> 01:01:23,240 And then so Notch bought like an $80 million house. 1632 01:01:24,120 --> 01:01:26,620 And I think he sold it to like P. Diddy and Beyonce. 1633 01:01:27,200 --> 01:01:27,640 Yeah. 1634 01:01:27,740 --> 01:01:27,940 Or something. 1635 01:01:28,580 --> 01:01:30,700 Or no, was it Jay-Z and Beyonce? 1636 01:01:30,920 --> 01:01:31,300 Like, yeah. 1637 01:01:31,540 --> 01:01:34,140 He just like sold it to some like famous rap couple. 1638 01:01:35,060 --> 01:01:37,140 But like, so he just bought it and then sold it. 1639 01:01:37,180 --> 01:01:40,160 He just bought an $80 million freaking compound. 1640 01:01:40,220 --> 01:01:40,720 For no reason. 1641 01:01:40,900 --> 01:01:41,340 Notch. 1642 01:01:41,540 --> 01:01:43,240 Oh, he bought it from them. 1643 01:01:43,240 --> 01:01:45,380 Because Minecraft was bought for like $2 billion. 1644 01:01:45,860 --> 01:01:46,700 or something ridiculous. 1645 01:01:47,100 --> 01:01:47,260 Yeah. 1646 01:01:47,320 --> 01:01:48,300 So he was just like, 1647 01:01:48,480 --> 01:01:48,760 and he, 1648 01:01:48,980 --> 01:01:50,240 it was created by him. 1649 01:01:50,280 --> 01:01:51,500 Like he was the developer 1650 01:01:51,500 --> 01:01:52,300 of that game 1651 01:01:52,300 --> 01:01:52,860 and then Microsoft 1652 01:01:52,860 --> 01:01:53,380 just fucking bought it. 1653 01:01:53,380 --> 01:01:53,960 I don't understand 1654 01:01:53,960 --> 01:01:54,560 why you would have 1655 01:01:54,560 --> 01:01:55,080 all that money 1656 01:01:55,080 --> 01:01:56,960 and then just buy it on stuff. 1657 01:01:57,140 --> 01:01:58,080 That never really 1658 01:01:58,080 --> 01:01:59,060 made sense to me. 1659 01:01:59,380 --> 01:01:59,920 Well, it's not, 1660 01:02:00,060 --> 01:02:01,020 he didn't spend all the money. 1661 01:02:01,120 --> 01:02:01,880 He only spent $80 million. 1662 01:02:02,280 --> 01:02:02,500 Yeah. 1663 01:02:02,880 --> 01:02:04,660 That was like 5% of his money, 1664 01:02:04,740 --> 01:02:05,260 which is less 1665 01:02:05,260 --> 01:02:06,240 than most people's net worth 1666 01:02:06,240 --> 01:02:07,280 that they spend on their, 1667 01:02:07,340 --> 01:02:08,300 their own. 1668 01:02:08,300 --> 01:02:09,200 I feel like I would just 1669 01:02:09,200 --> 01:02:09,680 use that money 1670 01:02:09,680 --> 01:02:10,420 to change the world. 1671 01:02:11,260 --> 01:02:11,980 That's not what I would do. 1672 01:02:11,980 --> 01:02:12,600 I think it's harder 1673 01:02:12,600 --> 01:02:13,360 to change the world 1674 01:02:13,360 --> 01:02:14,660 even with a lot of money 1675 01:02:14,660 --> 01:02:15,680 than most people think. 1676 01:02:15,860 --> 01:02:18,880 Look at all the rich people who don't do anything, right? 1677 01:02:19,100 --> 01:02:21,540 Is that not a sign to you that maybe changing the world? 1678 01:02:21,940 --> 01:02:24,220 I think because they're trying to change the world for bad. 1679 01:02:24,320 --> 01:02:24,980 I think that's why. 1680 01:02:25,740 --> 01:02:26,480 I mean, look at Bill Gates. 1681 01:02:26,680 --> 01:02:28,760 So they got the money despite them being evil? 1682 01:02:29,080 --> 01:02:31,100 I think they got the money because they were evil. 1683 01:02:31,440 --> 01:02:31,860 I see. 1684 01:02:32,220 --> 01:02:34,280 I think Bill Gates is a perfect example of that, right? 1685 01:02:35,000 --> 01:02:37,240 No, I don't think Bill Gates is evil. 1686 01:02:38,820 --> 01:02:41,140 I think we have a different view of... 1687 01:02:41,140 --> 01:02:42,900 So I think Bill Gates is evil. 1688 01:02:43,160 --> 01:02:44,180 Do you think Bill Gates is evil? 1689 01:02:44,180 --> 01:02:47,180 I feel like he's pretty, his wife left him because he was evil. 1690 01:02:47,340 --> 01:02:48,340 I mean, it's pretty much. 1691 01:02:48,340 --> 01:02:49,080 Did she say that? 1692 01:02:49,300 --> 01:02:49,860 Yeah, dude. 1693 01:02:49,900 --> 01:02:54,440 She went on like record and like, she left out a lot of stuff about the Epstein stuff, 1694 01:02:54,500 --> 01:02:59,320 but she went on like this whole thing and it was pretty, it was pretty, yeah, it's pretty 1695 01:02:59,320 --> 01:02:59,640 bad. 1696 01:02:59,800 --> 01:03:07,300 I don't know, man, but he, he, he did some very horrible things in India and, and just 1697 01:03:07,300 --> 01:03:09,540 for the stuff he did in India alone, I would say. 1698 01:03:09,640 --> 01:03:10,560 He's definitely not a good person. 1699 01:03:10,640 --> 01:03:12,340 Maybe he's not evil, but he's definitely not a good person. 1700 01:03:12,340 --> 01:03:12,580 Yeah. 1701 01:03:12,580 --> 01:03:15,560 I would say he's extremely ambitious and self-centered. 1702 01:03:15,840 --> 01:03:16,760 I don't know about evil. 1703 01:03:17,060 --> 01:03:17,820 Evil is like, 1704 01:03:18,000 --> 01:03:21,860 I think something like someone I associate with like sadism where he's like 1705 01:03:21,860 --> 01:03:25,340 trying to harm people for his own pleasure. 1706 01:03:25,640 --> 01:03:25,880 Yeah. 1707 01:03:25,880 --> 01:03:26,380 I don't know. 1708 01:03:26,480 --> 01:03:28,180 I don't know if he's tried to harm people. 1709 01:03:28,220 --> 01:03:29,500 I don't know if he's a lizard person. 1710 01:03:29,900 --> 01:03:30,180 Yeah. 1711 01:03:30,420 --> 01:03:30,880 I just don't, 1712 01:03:31,060 --> 01:03:32,860 I haven't looked enough into him. 1713 01:03:32,880 --> 01:03:33,860 Maybe he's not that anymore. 1714 01:03:34,200 --> 01:03:37,440 He definitely was that in 2020 and 2021 though, 1715 01:03:37,440 --> 01:03:37,920 for sure. 1716 01:03:39,580 --> 01:03:39,980 Yeah. 1717 01:03:40,580 --> 01:03:42,260 The vaccine stuff's very creepy. 1718 01:03:42,580 --> 01:03:47,120 Even the stuff that Steve Jobs would say about him too was kind of refreshing. 1719 01:03:48,480 --> 01:03:48,880 Sometimes. 1720 01:03:49,020 --> 01:03:51,160 I don't know if you remember the comments that he would say about Bill Gates. 1721 01:03:51,260 --> 01:03:54,380 He would be like, you know, this is what it's like when you have, 1722 01:03:54,380 --> 01:04:00,980 or using apples is refreshing to people like Bill because he's in hell or something like that. 1723 01:04:01,300 --> 01:04:02,720 Yeah, but he meant like aesthetically. 1724 01:04:03,560 --> 01:04:04,240 Did he? 1725 01:04:05,440 --> 01:04:05,780 I don't know. 1726 01:04:05,900 --> 01:04:08,260 Also, Steve is high-res, 1727 01:04:08,260 --> 01:04:15,960 So he's going to spin a narrative in his favor rather than maybe saying the literal truth like a Tiz would. 1728 01:04:16,680 --> 01:04:16,780 Yeah. 1729 01:04:18,460 --> 01:04:19,060 Okay. 1730 01:04:19,380 --> 01:04:19,820 Yeah. 1731 01:04:20,300 --> 01:04:20,540 All right. 1732 01:04:20,600 --> 01:04:22,800 Anyway, that's all the AI stuff. 1733 01:04:23,220 --> 01:04:25,600 Let's jump into Wumble's Picks. 1734 01:04:25,960 --> 01:04:26,580 Wumble's Picks. 1735 01:04:26,720 --> 01:04:27,520 Wumble's Picks. 1736 01:04:28,000 --> 01:04:30,460 Wumble Picks. 1737 01:04:31,660 --> 01:04:32,220 Keon. 1738 01:04:32,840 --> 01:04:33,360 Yeah. 1739 01:04:33,360 --> 01:04:36,820 Yeah, so Wombo wants us to talk a little bit about simple taproot channels 1740 01:04:36,820 --> 01:04:38,800 because Supratic wrote a little guide. 1741 01:04:38,940 --> 01:04:43,260 They pulled out OperaTurn, which has a page on simple taproot channels. 1742 01:04:43,340 --> 01:04:49,360 But simple taproot channels shipped, I believe, in V0.17 of LND, 1743 01:04:49,920 --> 01:04:54,240 and they allow you to create an unannounced simple taproot channel. 1744 01:04:54,560 --> 01:04:58,560 As of yet, you cannot create a public taproot channel 1745 01:04:58,560 --> 01:05:01,720 because Lightning's gossip does not support it. 1746 01:05:01,720 --> 01:05:06,580 I think they're still working on that along with some of the other proposals. 1747 01:05:08,220 --> 01:05:14,220 The main benefit you get from simple taproot channels over your normal Lightning channels, 1748 01:05:15,640 --> 01:05:20,360 despite the obvious disadvantages of them having to be unannounced, 1749 01:05:20,780 --> 01:05:24,160 is primarily privacy and on-chain footprint based. 1750 01:05:24,160 --> 01:05:44,316 And so if you if you open a unannounced simple taproot channel you in all of your you and your channel partner do everything cooperatively For anyone observing um your lightning channel on chain it looks like a normal Bitcoin spend 1751 01:05:44,916 --> 01:05:52,496 It doesn't look like the, it's like not the explicit multi-sig that current lightning channels 1752 01:05:52,496 --> 01:05:55,116 or normal lightning channels are. 1753 01:05:55,416 --> 01:05:57,556 And so you wouldn't know that it's a lightning channel. 1754 01:05:57,556 --> 01:06:08,156 And then because it's aggregating signatures, two signatures into one, it looks like just a single SIG on chain. 1755 01:06:08,696 --> 01:06:16,676 And so that is the main advantage is you save on on chain fees and you get better privacy because you have a bigger anonymity set. 1756 01:06:17,836 --> 01:06:22,596 Because it looks like a normal Bitcoin spend and not a lightning channel. 1757 01:06:22,596 --> 01:06:34,496 Because currently, if you go to something like a blockchain explorer, like mempool.space, you can tell they will say when a Bitcoin transaction includes a lightning channel open or close or anything. 1758 01:06:34,796 --> 01:06:38,696 But they cannot do the same for taproot channels, as far as I understand. 1759 01:06:40,496 --> 01:06:42,596 Do you have anything more to say about that, Topher? 1760 01:06:42,676 --> 01:06:44,456 I'm not the on-chain wizard that you are. 1761 01:06:44,616 --> 01:06:46,216 What, for simple taproot channels? 1762 01:06:46,396 --> 01:06:46,596 Yeah. 1763 01:06:48,756 --> 01:06:49,736 What was the question? 1764 01:06:49,736 --> 01:06:55,816 Yeah, well, it's just, I guess I don't have a question exactly, 1765 01:06:56,036 --> 01:07:01,916 but they're using Moosig2, which uses Schnorr's signature aggregation 1766 01:07:01,916 --> 01:07:06,136 to make a multisig look like a single sig. 1767 01:07:06,396 --> 01:07:06,596 Yep. 1768 01:07:07,076 --> 01:07:07,336 Okay. 1769 01:07:07,796 --> 01:07:08,796 And that, yeah. 1770 01:07:09,356 --> 01:07:09,756 That's about it. 1771 01:07:09,996 --> 01:07:10,716 That's about it, right? 1772 01:07:10,756 --> 01:07:11,876 There's nothing more than that. 1773 01:07:11,956 --> 01:07:12,556 It's pretty simple. 1774 01:07:12,816 --> 01:07:14,476 Yeah, but you can go around. 1775 01:07:14,596 --> 01:07:15,496 That's the main advantage. 1776 01:07:15,496 --> 01:07:17,516 So if you are running a Lightning node, 1777 01:07:17,516 --> 01:07:20,116 and you're just like a normal pleb lightning node runner. 1778 01:07:20,996 --> 01:07:22,696 And you plan on only, 1779 01:07:22,756 --> 01:07:24,056 and you care about your privacy 1780 01:07:24,056 --> 01:07:26,456 and you plan on only opening unannounced, 1781 01:07:26,536 --> 01:07:27,416 like private channels. 1782 01:07:27,556 --> 01:07:28,116 There's no need, 1783 01:07:28,196 --> 01:07:29,676 you have no need to have a public channel. 1784 01:07:29,756 --> 01:07:30,636 You're not planning on routing, 1785 01:07:30,816 --> 01:07:31,796 basically is the reason why 1786 01:07:31,796 --> 01:07:34,016 you would only open private channels. 1787 01:07:34,056 --> 01:07:35,236 You're just planning on sending 1788 01:07:35,236 --> 01:07:36,376 and accepting Bitcoin payments. 1789 01:07:36,456 --> 01:07:37,196 You can only do private. 1790 01:07:37,296 --> 01:07:39,236 You can choose to only do private channels. 1791 01:07:39,556 --> 01:07:42,676 You might want to use simple taproot channels, 1792 01:07:42,796 --> 01:07:45,456 which I believe only L&D supports 1793 01:07:45,456 --> 01:07:49,756 because you get these on-chain savings benefits 1794 01:07:49,756 --> 01:07:53,896 and then you also get this privacy benefit as well. 1795 01:07:54,076 --> 01:07:56,796 I think there might also be other benefits to it. 1796 01:07:56,996 --> 01:07:59,576 I think given that it's using Taproot, 1797 01:07:59,676 --> 01:08:03,836 I think that you don't have to have a channel reserve 1798 01:08:03,836 --> 01:08:09,176 and there are some other advantages like that. 1799 01:08:10,516 --> 01:08:12,996 But usage isn't like, we don't know about usage 1800 01:08:12,996 --> 01:08:14,316 because these channels are unannounced 1801 01:08:14,316 --> 01:08:19,396 and the other implementations haven't launched them yet. 1802 01:08:19,616 --> 01:08:23,356 But these are all, everyone, I think there is like a spec that is evolving 1803 01:08:23,356 --> 01:08:26,596 and other implementations will get them soon. 1804 01:08:26,656 --> 01:08:29,416 And then we get a bunch of other enormous benefits from taproot channels 1805 01:08:29,416 --> 01:08:30,416 when they're widely deployed. 1806 01:08:30,676 --> 01:08:38,176 But taproot channels widely deployed will require a very large adoption 1807 01:08:38,176 --> 01:08:40,476 because they are incompatible. 1808 01:08:40,476 --> 01:08:44,636 I think they're fully incompatible with an HDLC network. 1809 01:08:45,416 --> 01:08:48,476 Yeah, it looks like Bitcoin Optech has a... 1810 01:08:48,476 --> 01:08:50,336 Is this an article on it, Keon? 1811 01:08:51,076 --> 01:08:55,696 It's a short summary and then a link to a bunch of dev-related things, 1812 01:08:55,776 --> 01:09:00,996 like the PR for the Bolt, talking to Claire about it. 1813 01:09:02,536 --> 01:09:06,176 But still, as far as I know, the spec is evolving. 1814 01:09:06,176 --> 01:09:12,856 I think they're actively amending the spec to support different use cases. 1815 01:09:12,996 --> 01:09:19,356 But I think the main reason L&D came out with simple taproot channels first is because they were required to support taproot assets. 1816 01:09:21,456 --> 01:09:25,076 So is ECLARE the only other implementation that's going to implement this? 1817 01:09:25,176 --> 01:09:28,116 No, I think all of them are, they're all working on the spec together. 1818 01:09:28,116 --> 01:09:35,936 And so they all plan on doing this because this will unlock this thing called PTLCs, which are being talked about a lot in Lightning. 1819 01:09:36,256 --> 01:09:45,556 And they offer a lot more diversity of primarily privacy. 1820 01:09:45,876 --> 01:09:56,496 But I believe also they unlock a bunch of scripting capabilities around Lightning that will allow for Lightning to be used in more diverse use cases. 1821 01:09:56,496 --> 01:10:03,516 Because right now it's like a very, we have a relatively dumb locking mechanism that you can't do interesting things with. 1822 01:10:04,596 --> 01:10:08,136 And I think when we get PTLCs, we'll be able to do cooler things. 1823 01:10:09,916 --> 01:10:17,136 In addition to the privacy benefit of like, basically you have everyone on a lightning route sharing the same secret, which is bad. 1824 01:10:18,076 --> 01:10:20,116 And PTLCs will avoid that. 1825 01:10:21,496 --> 01:10:24,876 But everyone wants the PTLC future for the lightning network. 1826 01:10:24,876 --> 01:10:26,276 So we'll eventually get there. 1827 01:10:26,276 --> 01:10:31,676 Do you have any news on PTLCs that I don't, at my surface level? 1828 01:10:31,776 --> 01:10:34,756 I mean, they're very well understood, like how it's going to work. 1829 01:10:34,916 --> 01:10:36,356 So it's just a matter of adoption. 1830 01:10:37,876 --> 01:10:39,716 It's getting it out there. 1831 01:10:40,476 --> 01:10:40,716 Yeah. 1832 01:10:41,076 --> 01:10:43,736 I don't think they've even specced out PTLCs yet, 1833 01:10:43,916 --> 01:10:47,376 was my understanding from a recent delving post. 1834 01:10:47,476 --> 01:10:49,156 So how long will that take? 1835 01:10:49,216 --> 01:10:50,976 It's like, this is going to be like another three years or something? 1836 01:10:51,016 --> 01:10:52,176 Yeah, it'll be a long time. 1837 01:10:52,236 --> 01:10:52,596 Oh, okay. 1838 01:10:52,596 --> 01:10:55,296 So this is like splicing, what splicing was in 21, basically? 1839 01:10:55,296 --> 01:10:57,936 Yeah, but even a lot of implementation, I'm slicing at everyone. 1840 01:10:58,116 --> 01:11:03,496 I mean, I think most implementations are probably mostly working on... 1841 01:11:03,496 --> 01:11:03,776 Bolt 12. 1842 01:11:03,936 --> 01:11:05,856 Bolt 12 stuff and getting Bolt 12 ready. 1843 01:11:06,596 --> 01:11:09,016 And then we have Lightning Labs, 1844 01:11:09,316 --> 01:11:11,556 which has the most widely adopted Lightning implementation. 1845 01:11:11,736 --> 01:11:14,656 They're primarily focused on the taproot asset side. 1846 01:11:15,376 --> 01:11:16,336 So I don't... 1847 01:11:16,336 --> 01:11:20,116 And then I think a lot of people are avoiding the PTLC thing 1848 01:11:20,116 --> 01:11:23,196 because it requires a whole network upgrade. 1849 01:11:23,716 --> 01:11:24,296 Oh, okay. 1850 01:11:24,296 --> 01:11:26,296 It's sort of a consensus change. 1851 01:11:27,296 --> 01:11:31,556 The closest analogy maybe we have to consensus and Lightning Network 1852 01:11:31,556 --> 01:11:35,356 are basically the things that we share across channels, 1853 01:11:35,536 --> 01:11:39,416 which are right now HTLCs, and in the future we hope to use PTLCs. 1854 01:11:40,016 --> 01:11:42,896 It would be a bifurcation of the Lightning Network 1855 01:11:42,896 --> 01:11:47,436 because PTLC channels are fundamentally different than HTLC channels. 1856 01:11:47,616 --> 01:11:48,296 They're incompatible. 1857 01:11:48,396 --> 01:11:51,656 I guess maybe someone could come up with a way to make them somehow compatible. 1858 01:11:51,656 --> 01:11:59,116 but well you could I mean you could have htlcs and ptlcs inside of a channel but 1859 01:11:59,116 --> 01:12:07,496 that's I mean that's complicated I don't know I I think it's just you need a champion to champion 1860 01:12:07,496 --> 01:12:14,376 this like dusty yeah it was a champion splicing and so that's or I feel like he's the reason why 1861 01:12:14,376 --> 01:12:19,416 splicing exists I used to make fun of him in the beginning if I remember but he kept at it 1862 01:12:19,416 --> 01:12:20,956 and it was funny 1863 01:12:20,956 --> 01:12:21,596 because Core Lightning 1864 01:12:21,596 --> 01:12:22,676 wasn't even the first 1865 01:12:22,676 --> 01:12:23,596 implementation 1866 01:12:23,596 --> 01:12:25,916 to do splicing 1867 01:12:25,916 --> 01:12:26,596 we need somebody 1868 01:12:26,596 --> 01:12:27,236 to get made fun of 1869 01:12:27,236 --> 01:12:28,296 for PTLCs 1870 01:12:28,296 --> 01:12:29,116 but he 1871 01:12:29,116 --> 01:12:30,536 like he was the champion 1872 01:12:30,536 --> 01:12:31,496 for splicing 1873 01:12:31,496 --> 01:12:32,716 and he made it happen 1874 01:12:32,716 --> 01:12:33,976 who was making fun of him? 1875 01:12:35,356 --> 01:12:35,536 dude 1876 01:12:35,536 --> 01:12:36,496 I don't know 1877 01:12:36,496 --> 01:12:37,436 still the beans car 1878 01:12:37,436 --> 01:12:38,156 I think that's 1879 01:12:38,156 --> 01:12:39,856 besides the point 1880 01:12:39,856 --> 01:12:40,216 I think 1881 01:12:40,216 --> 01:12:41,796 I think it just tells you 1882 01:12:41,796 --> 01:12:42,496 that sometimes you need 1883 01:12:42,496 --> 01:12:43,076 that one person 1884 01:12:43,076 --> 01:12:43,496 to go out there 1885 01:12:43,496 --> 01:12:44,476 and say PTLCs 1886 01:12:44,476 --> 01:12:45,796 and then carry that flag 1887 01:12:45,796 --> 01:12:46,316 I think that's what 1888 01:12:46,316 --> 01:12:46,876 Topher was saying 1889 01:12:46,876 --> 01:12:48,016 yeah you need someone 1890 01:12:48,016 --> 01:12:48,836 to champion it 1891 01:12:48,836 --> 01:12:50,316 to get everyone to adopt it. 1892 01:12:50,596 --> 01:12:51,536 You'll get ridiculed first. 1893 01:12:51,976 --> 01:12:54,356 Yeah, I think it's just a low priority 1894 01:12:54,356 --> 01:12:57,016 for most of the Lightning implementations right now 1895 01:12:57,016 --> 01:12:58,096 is what it appears. 1896 01:12:58,456 --> 01:13:01,096 It appears they think investing 1897 01:13:01,096 --> 01:13:02,856 in other areas of development is more important. 1898 01:13:03,036 --> 01:13:05,396 Anyway, that is Simple Taproot Channels. 1899 01:13:05,836 --> 01:13:08,156 And I am Keon with... 1900 01:13:08,876 --> 01:13:09,756 Your wizard! 1901 01:13:10,036 --> 01:13:10,936 The Wombos Pizz. 1902 01:13:11,936 --> 01:13:14,576 He said he wanted this segment to be like, 1903 01:13:14,636 --> 01:13:15,296 the more you know. 1904 01:13:16,056 --> 01:13:17,396 We should come up with our own name for it. 1905 01:13:17,396 --> 01:13:18,076 The Wombos Pizz. 1906 01:13:18,076 --> 01:13:19,236 And it's the same animation. 1907 01:13:21,816 --> 01:13:24,996 It doesn't communicate what's happening to the person. 1908 01:13:25,736 --> 01:13:26,656 Wombles, picks. 1909 01:13:27,236 --> 01:13:28,156 I could do that instead. 1910 01:13:28,256 --> 01:13:29,276 Wombles, picks. 1911 01:13:30,276 --> 01:13:31,576 Yeah, we want the shooting star. 1912 01:13:31,796 --> 01:13:32,736 I can make a shooting star. 1913 01:13:33,096 --> 01:13:33,396 Okay. 1914 01:13:34,396 --> 01:13:41,136 Speaking of shooting stars, we're about to jump into 6102. 1915 01:13:42,736 --> 01:13:43,556 What happened? 1916 01:13:45,136 --> 01:13:45,456 Uh-oh. 1917 01:13:45,456 --> 01:13:48,196 So, Club Poets coming over here giving us shots. 1918 01:13:48,496 --> 01:13:48,996 Is that what you're doing? 1919 01:13:50,976 --> 01:13:51,736 I'll take a shot. 1920 01:13:52,136 --> 01:13:52,656 Yeah, I'll take one. 1921 01:13:52,796 --> 01:13:53,216 It's been a while. 1922 01:13:55,136 --> 01:13:56,156 We're about to get into it. 1923 01:13:56,456 --> 01:14:00,916 So, I found this 6102 Bitcoin post on Stacker News. 1924 01:14:01,956 --> 01:14:04,876 So, I've been doing the SNL DVD. 1925 01:14:05,836 --> 01:14:06,796 All right, you're going back. 1926 01:14:06,796 --> 01:14:09,836 So, I have to go back to some of these things. 1927 01:14:10,816 --> 01:14:11,936 And where is it at? 1928 01:14:11,976 --> 01:14:12,716 Oh, it's over here. 1929 01:14:12,716 --> 01:14:19,156 So I've had to go back and like look at some of these old clips and, 1930 01:14:19,216 --> 01:14:20,896 and we'll get into the DVD later. 1931 01:14:21,016 --> 01:14:25,876 But what's interesting about this particular post is when I went back and 1932 01:14:25,876 --> 01:14:27,976 looked at the SNL DVD and I was watching it, 1933 01:14:28,216 --> 01:14:29,776 I've got to fix two edits on it. 1934 01:14:29,996 --> 01:14:34,396 But the interesting thing is like this post came up because we were covering 1935 01:14:34,396 --> 01:14:37,576 this, like whatever year this was. 1936 01:14:38,456 --> 01:14:38,816 Yeah. 1937 01:14:38,996 --> 01:14:42,016 And when I went to go click on it, it doesn't exist anymore. 1938 01:14:42,016 --> 01:14:43,456 The website doesn't exist anymore. 1939 01:14:43,456 --> 01:14:45,116 The Twitter account doesn't exist anymore. 1940 01:14:45,716 --> 01:14:48,416 Even the podcast that it's attached to doesn't exist anymore. 1941 01:14:48,416 --> 01:14:49,416 You had a podcast? 1942 01:14:49,416 --> 01:14:49,916 Yeah. 1943 01:14:50,016 --> 01:14:50,416 Wow. 1944 01:14:50,416 --> 01:14:56,696 So it just kind of shows that like Stacker News has a lot of old, really valuable posts. 1945 01:14:56,756 --> 01:14:59,796 And this just goes back to what Car was saying for the longest time. 1946 01:14:59,832 --> 01:15:03,192 on this podcast, we should have like a section on Stacker News. 1947 01:15:03,392 --> 01:15:09,292 Maybe it's a territory that's just like a treasure trove post. 1948 01:15:09,512 --> 01:15:14,132 We do the daily post, like this day on Stacker News, 1949 01:15:14,192 --> 01:15:16,072 which covers like the top posts every four years. 1950 01:15:16,072 --> 01:15:18,412 Yeah, but I think there should be like a discovery page. 1951 01:15:19,012 --> 01:15:21,392 Yeah, just like of like the very high quality, 1952 01:15:21,492 --> 01:15:24,572 like stuff that, but just like a high quality post. 1953 01:15:24,572 --> 01:15:25,672 This should be in one of them. 1954 01:15:25,792 --> 01:15:27,552 But at this point, the site's down. 1955 01:15:27,552 --> 01:15:29,952 anyway I was able to pull the 1956 01:15:29,952 --> 01:15:32,172 way back machine but that's I think 1957 01:15:32,172 --> 01:15:34,052 after today it's probably going to be pulled 1958 01:15:34,052 --> 01:15:35,952 so get it while you still can 1959 01:15:35,952 --> 01:15:37,652 you think it was pulled by the government 1960 01:15:37,652 --> 01:15:40,032 but Spice Sense tells me 1961 01:15:40,032 --> 01:15:42,012 it's going to be pulled because this kind of just 1962 01:15:42,012 --> 01:15:44,372 shows everything of what's going on 1963 01:15:44,372 --> 01:15:46,212 okay 1964 01:15:46,212 --> 01:15:47,552 anyway 1965 01:15:47,552 --> 01:15:50,192 it's about to give us some shots but 1966 01:15:50,192 --> 01:15:52,272 before I should 1967 01:15:52,272 --> 01:15:53,432 mention this is 1968 01:15:53,432 --> 01:15:56,312 6102 Topher do you want to explain what a 6102 1969 01:15:56,312 --> 01:15:57,572 and where that comes from in Bitcoin? 1970 01:15:58,432 --> 01:16:01,272 6102 is the famous executive order 1971 01:16:01,272 --> 01:16:03,312 that was issued by Richard Nixon 1972 01:16:03,312 --> 01:16:05,832 to seize all of the gold. 1973 01:16:07,452 --> 01:16:08,412 All of the Bitcoin? 1974 01:16:09,512 --> 01:16:12,852 Oh, well, not yet. 1975 01:16:14,092 --> 01:16:15,572 You think it'll be the same number? 1976 01:16:16,532 --> 01:16:17,512 6121, maybe. 1977 01:16:18,032 --> 01:16:20,232 Yeah, they need to do it like Noster does. 1978 01:16:20,432 --> 01:16:24,292 Like you get maybe 6103 or... 1979 01:16:24,292 --> 01:16:25,252 Oh, they'll just increment it? 1980 01:16:25,252 --> 01:16:26,752 Yeah, 26102. 1981 01:16:26,852 --> 01:16:27,692 Yeah, then I get another one. 1982 01:16:27,872 --> 01:16:29,772 You can see there's a history. 1983 01:16:30,192 --> 01:16:30,692 That's kind of good. 1984 01:16:31,712 --> 01:16:32,632 6102 squared. 1985 01:16:33,972 --> 01:16:35,932 So what's interesting about this, 1986 01:16:36,132 --> 01:16:39,672 what's interesting about this is like everything that has been on this page 1987 01:16:39,672 --> 01:16:42,152 has come exactly true, basically. 1988 01:16:42,812 --> 01:16:45,212 And so for the past three, four years since, 1989 01:16:45,432 --> 01:16:47,852 I think this came out in 2020, to be honest with you. 1990 01:16:48,052 --> 01:16:50,212 And since 2020, for the past five years, 1991 01:16:50,252 --> 01:16:52,112 this has come exactly to fruition. 1992 01:16:52,952 --> 01:16:54,772 And the more you dive deeper into it, 1993 01:16:54,772 --> 01:16:58,992 the more you realize that we're, we're boiling the frog here. 1994 01:16:59,112 --> 01:17:01,572 And so the reason I want to bring this up is because it's important to 1995 01:17:01,572 --> 01:17:02,872 everything that's going on with two 30, 1996 01:17:03,092 --> 01:17:05,572 what's going on with the USDT, 1997 01:17:05,772 --> 01:17:08,392 what's going on with all the stuff that we're seeing that's happening in the 1998 01:17:08,392 --> 01:17:08,852 white house, 1999 01:17:08,852 --> 01:17:12,172 what's going on with all the other stuff that's happening in the world. 2000 01:17:12,172 --> 01:17:14,752 And it's just a timely post. And I think, 2001 01:17:14,832 --> 01:17:18,052 I think definitely Charlie Kirk stuff is really fascinating. 2002 01:17:18,052 --> 01:17:19,432 That's going on with that. So it's just, 2003 01:17:19,532 --> 01:17:22,632 I think it's just people that listen to Snacker news, 2004 01:17:22,852 --> 01:17:24,392 people that listen to Snacker news live, 2005 01:17:24,392 --> 01:17:29,072 people that are the stackers. I'm sharing this today because I think it's very valuable that you 2006 01:17:29,072 --> 01:17:35,832 know this exists. And so it's for y'all. It's not for anybody else. No one else cares because they 2007 01:17:35,832 --> 01:17:41,572 listen to other podcasts and they listen to other stuff. And so it's not for them. Anyways, 2008 01:17:41,872 --> 01:17:48,872 with all that being said, the first point is how could a 6102 attack on Bitcoin look like? 2009 01:17:49,072 --> 01:17:53,232 The first one is capture Bitcoin on and off ramps. So they're going to increase regulatory 2010 01:17:53,232 --> 01:17:57,072 requirements, you're going to see that. And that's already, I would say they've done that. 2011 01:17:57,872 --> 01:18:03,072 They've done that. That's done. They're going to increase KYC verification. Complete. 2012 01:18:03,552 --> 01:18:06,012 Awesome. Complete. I wish I could just go there with a check mark. Complete. Complete. 2013 01:18:06,512 --> 01:18:11,352 They're going to increase use of chain surveillance. So this one, Topher, what do you think? 2014 01:18:11,412 --> 01:18:13,732 Is that complete yet? Or do you think that's still ongoing? 2015 01:18:15,912 --> 01:18:21,952 So I don't know because they have like companies like Chainalysis, but they're 2016 01:18:21,952 --> 01:18:24,232 they're terrible at their jobs. 2017 01:18:25,152 --> 01:18:28,052 And people think of Chainalysis 2018 01:18:28,052 --> 01:18:31,452 as like reading the blockchain. 2019 01:18:32,352 --> 01:18:32,552 Yeah. 2020 01:18:32,672 --> 01:18:34,312 But I think it's more than that. 2021 01:18:34,392 --> 01:18:36,072 I think like you have to, 2022 01:18:36,332 --> 01:18:37,672 you can't just read the blockchain. 2023 01:18:37,672 --> 01:18:39,132 You kind of have to be 2024 01:18:39,132 --> 01:18:42,612 at where the payment processing is happening. 2025 01:18:42,872 --> 01:18:44,132 So you want to be an exchange. 2026 01:18:44,712 --> 01:18:47,092 You want to maybe be a lightning node 2027 01:18:47,092 --> 01:18:49,052 that's processing a lot of payments. 2028 01:18:49,052 --> 01:18:50,572 incestuous with the 2029 01:18:50,572 --> 01:18:53,032 Lightning Network, basically, or with the 2030 01:18:53,032 --> 01:18:54,972 Bitcoin exchanges. I think you 2031 01:18:54,972 --> 01:18:57,072 have to run an actual Bitcoin 2032 01:18:57,072 --> 01:18:58,352 exchange service. 2033 01:18:58,752 --> 01:19:00,932 You're at the source. Or if an exchange is 2034 01:19:00,932 --> 01:19:03,072 using your service, you are collecting that data 2035 01:19:03,072 --> 01:19:04,972 like a social media company 2036 01:19:04,972 --> 01:19:06,972 collects a bunch of data on its users 2037 01:19:06,972 --> 01:19:09,132 and it's just like, that data's mine. 2038 01:19:09,692 --> 01:19:10,812 That's kind of what they're... 2039 01:19:10,812 --> 01:19:13,132 I think it's safe 2040 01:19:13,132 --> 01:19:14,652 to say, SpideySense here 2041 01:19:14,652 --> 01:19:17,032 are saying this, is that 2042 01:19:17,032 --> 01:19:19,032 it's safe to say there's probably companies 2043 01:19:19,032 --> 01:19:21,112 amongst other Bitcoin companies 2044 01:19:21,112 --> 01:19:24,172 that are doing some type of chain surveillance. 2045 01:19:24,892 --> 01:19:25,112 Oh, yeah. 2046 01:19:25,312 --> 01:19:26,412 They're all doing it. 2047 01:19:26,472 --> 01:19:27,552 This is just wargaming. 2048 01:19:27,832 --> 01:19:29,652 This is just car wargaming it out. 2049 01:19:29,672 --> 01:19:31,452 Any regulated exchanges to exchange surveillance. 2050 01:19:31,732 --> 01:19:33,212 This is just car wargaming it out. 2051 01:19:33,752 --> 01:19:34,352 Don't get offended. 2052 01:19:35,892 --> 01:19:37,312 Increasing ISP surveillance. 2053 01:19:37,632 --> 01:19:39,972 So identify Bitcoiners based on internet usage, 2054 01:19:40,112 --> 01:19:41,152 likely ongoing globally. 2055 01:19:41,292 --> 01:19:42,272 What do you guys think about that? 2056 01:19:42,372 --> 01:19:43,432 Increasing ISP surveillance? 2057 01:19:43,512 --> 01:19:43,812 Oh, yeah. 2058 01:19:43,872 --> 01:19:45,952 We've talked about several posts 2059 01:19:45,952 --> 01:19:51,072 about that have been covered by 0x1 BTC, I think, 2060 01:19:51,132 --> 01:19:52,192 or something like that. 2061 01:19:52,452 --> 01:19:56,052 But he does, he run, he, it's called Linking Lion 2062 01:19:56,052 --> 01:19:57,132 if you want to look into it. 2063 01:19:57,172 --> 01:19:59,532 But it's like someone who on the Bitcoin peer-to-peer network 2064 01:19:59,532 --> 01:20:02,512 is just like connecting to like people and then disconnecting. 2065 01:20:02,612 --> 01:20:06,392 He's basically just trying to probe kind of the network 2066 01:20:06,392 --> 01:20:07,172 and get a view of it. 2067 01:20:07,272 --> 01:20:08,832 But that's definitely happening too. 2068 01:20:09,492 --> 01:20:14,092 Yeah, so I think this is another one where it's checkbox, checkbox. 2069 01:20:14,932 --> 01:20:17,712 The next one is uncover peer-to-peer exchange surveillance. 2070 01:20:18,112 --> 01:20:19,212 What do you guys think about that one? 2071 01:20:19,452 --> 01:20:20,332 Do you think that's happening? 2072 01:20:20,552 --> 01:20:22,312 Or do you think that's right back in 2020, 2073 01:20:22,432 --> 01:20:23,652 this was possibly ongoing? 2074 01:20:25,092 --> 01:20:26,272 I believe so. 2075 01:20:26,772 --> 01:20:28,852 I'd do it if I were. 2076 01:20:30,352 --> 01:20:31,952 Define peer-to-peer exchange. 2077 01:20:32,752 --> 01:20:35,332 BISC, RoboSats, Peach. 2078 01:20:35,332 --> 01:20:38,792 So they're basically saying there's probably already 2079 01:20:38,792 --> 01:20:41,432 these services amongst us that are doing 2080 01:20:41,432 --> 01:20:43,812 peer-to-peer exchange surveillance for basically 2081 01:20:43,812 --> 01:20:46,192 the state 2082 01:20:46,192 --> 01:20:49,152 that are posing as these kind of honeypots, basically. 2083 01:20:49,372 --> 01:20:51,952 Well, man, that's tough 2084 01:20:51,952 --> 01:20:54,972 because first there's the capability. 2085 01:20:55,192 --> 01:20:57,052 Do they have the capability to surveil? 2086 01:20:57,252 --> 01:20:59,072 And then there's, are they actually surveilling? 2087 01:20:59,292 --> 01:20:59,452 Yeah. 2088 01:21:00,372 --> 01:21:02,552 So it's undercover peer-to-peer exchange surveillance. 2089 01:21:02,752 --> 01:21:04,272 I think this is possibly ongoing. 2090 01:21:04,472 --> 01:21:07,072 My split-up spy sense tells me this is possibly ongoing. 2091 01:21:07,512 --> 01:21:09,152 Obviously, I'm not going to point any fingers 2092 01:21:09,152 --> 01:21:10,052 or anything like that. 2093 01:21:10,092 --> 01:21:10,792 I'm just going to say, 2094 01:21:10,792 --> 01:21:15,012 I think it's ongoing based off of my vibes. 2095 01:21:16,332 --> 01:21:17,112 So I know that, 2096 01:21:17,112 --> 01:21:22,172 I know that RoboSats has like the arbitration service. 2097 01:21:22,792 --> 01:21:28,912 I don't know enough about it to know if they have like what their surveillance 2098 01:21:28,912 --> 01:21:29,852 capabilities are. 2099 01:21:30,172 --> 01:21:31,332 No, it's not them monitoring. 2100 01:21:31,512 --> 01:21:31,872 It's that, 2101 01:21:32,052 --> 01:21:33,992 it's that people are joining these, 2102 01:21:34,012 --> 01:21:36,752 these peer to peer exchanges and posing as traders, 2103 01:21:36,752 --> 01:21:39,612 but they're mostly just trying to gather data. 2104 01:21:39,612 --> 01:21:45,592 So it's not, it doesn't even involve RoboSats or Vaxill or Peach, like in the loop necessarily. 2105 01:21:45,592 --> 01:21:50,752 It's primarily just the, just you, you join as a average customer or user, but you're, 2106 01:21:50,952 --> 01:21:54,892 you're mostly there to just like get as much information as you possibly can in your trades. 2107 01:21:55,032 --> 01:21:55,212 Do you know? 2108 01:21:55,832 --> 01:21:56,352 Yeah. 2109 01:21:56,692 --> 01:22:03,192 But when you're developing these platforms, you know, like what information is public and 2110 01:22:03,192 --> 01:22:04,332 what information is not. 2111 01:22:04,452 --> 01:22:09,192 And so there's already the expectation, anybody using a platform that all of their 2112 01:22:09,612 --> 01:22:13,392 offers are going to be public and that anybody can scrape those offers. 2113 01:22:13,712 --> 01:22:13,912 Yeah. 2114 01:22:14,312 --> 01:22:18,572 The question is, is like, can they actually monitor the trades? 2115 01:22:18,772 --> 01:22:21,632 And so if you are monitoring the trades because you're a part of the trade, 2116 01:22:21,632 --> 01:22:22,532 that's not scalable. 2117 01:22:22,752 --> 01:22:25,072 I mean, you can only do one at a time. 2118 01:22:25,292 --> 01:22:27,272 If you're the trader and that's how you're monitoring. 2119 01:22:27,672 --> 01:22:31,672 So like you want to get in on the platform and monitor it from a platform level. 2120 01:22:31,752 --> 01:22:32,172 For sure. 2121 01:22:32,372 --> 01:22:33,952 Which I don't know. 2122 01:22:34,032 --> 01:22:38,372 And I think RoboStats could do it because they're like a partner in every trade 2123 01:22:38,372 --> 01:22:40,492 because of the arbitration they have. 2124 01:22:40,752 --> 01:22:42,652 But then maybe they structured it in a way 2125 01:22:42,652 --> 01:22:43,512 where they don't know. 2126 01:22:43,772 --> 01:22:45,912 Well, they're federated now too. 2127 01:22:46,432 --> 01:22:47,012 So that's another, 2128 01:22:47,332 --> 01:22:49,172 at least it's somewhat fractured, whatever. 2129 01:22:49,512 --> 01:22:50,652 But it's the thing like with Phoenix, 2130 01:22:50,852 --> 01:22:53,632 if I use Phoenix for all my liquidity 2131 01:22:53,632 --> 01:22:55,092 and I pay everybody through Phoenix 2132 01:22:55,092 --> 01:22:57,192 and then everybody else uses Phoenix 2133 01:22:57,192 --> 01:22:59,652 and Phoenix is everything that's going on. 2134 01:22:59,652 --> 01:23:01,092 If the services themselves are compromised, 2135 01:23:01,092 --> 01:23:02,572 that's like another issue. 2136 01:23:04,592 --> 01:23:08,332 But I think this is speaking to 2137 01:23:08,332 --> 01:23:10,832 just being a buyer or a seller, 2138 01:23:12,272 --> 01:23:13,172 being a market participant, 2139 01:23:13,312 --> 01:23:14,292 monitoring that way. 2140 01:23:14,352 --> 01:23:15,372 This is possibly ongoing. 2141 01:23:15,652 --> 01:23:17,192 I'm just going to leave it as possibly ongoing. 2142 01:23:18,112 --> 01:23:19,072 Mining regulation. 2143 01:23:19,212 --> 01:23:19,912 So this was another one. 2144 01:23:19,972 --> 01:23:21,772 Mandatory KYC licenses, whitelists. 2145 01:23:22,012 --> 01:23:23,472 I don't think this has happened yet, right? 2146 01:23:23,712 --> 01:23:24,912 No, this hasn't happened yet. 2147 01:23:24,912 --> 01:23:26,132 Yeah, so we haven't gotten this yet. 2148 01:23:26,152 --> 01:23:26,672 Not mandatory. 2149 01:23:27,132 --> 01:23:27,332 Yeah. 2150 01:23:27,692 --> 01:23:28,492 Well, actually, 2151 01:23:28,492 --> 01:23:29,512 a lot of miners do opt in. 2152 01:23:31,372 --> 01:23:33,332 Didn't we have a story not too long ago 2153 01:23:33,332 --> 01:23:34,352 where A, 2154 01:23:35,352 --> 01:23:36,772 so many mining pools 2155 01:23:36,772 --> 01:23:40,092 were using the template from Antpool. 2156 01:23:40,572 --> 01:23:42,172 They were using the same template. 2157 01:23:42,432 --> 01:23:45,592 And then B, like somebody did some research 2158 01:23:45,592 --> 01:23:47,952 where they saw like that there were certain transactions 2159 01:23:47,952 --> 01:23:50,472 that were on an OFAC list. 2160 01:23:50,792 --> 01:23:53,772 They were looking at like which miners included those 2161 01:23:53,772 --> 01:23:56,212 in their block templates and Antpool did not. 2162 01:23:57,152 --> 01:23:58,992 And so then by extension, 2163 01:23:59,152 --> 01:24:02,112 people that used Antpool's templates did not include these. 2164 01:24:02,832 --> 01:24:04,752 Now, it's not effective 2165 01:24:04,752 --> 01:24:11,372 because Bitcoin mining is still decentralized enough that, you know, just one play, even a large 2166 01:24:11,372 --> 01:24:27,308 player can like prevent you from getting your transaction on chain But like I don know it not overt but it there is something going on with like OFAC behind the scenes and it is overt with Ethereum Like Ethereum has like OFAC compliance 2167 01:24:27,308 --> 01:24:27,628 Oh yeah. 2168 01:24:27,628 --> 01:24:28,548 It's a glorious thing. 2169 01:24:28,748 --> 01:24:28,848 Yeah. 2170 01:24:29,228 --> 01:24:29,628 So, 2171 01:24:29,868 --> 01:24:31,728 so this is maybe hypothetical. 2172 01:24:32,808 --> 01:24:33,288 Yeah. 2173 01:24:33,288 --> 01:24:34,408 I would be worried about it. 2174 01:24:34,488 --> 01:24:35,368 I'd be worried about this 2175 01:24:35,368 --> 01:24:36,168 more than anything else. 2176 01:24:36,168 --> 01:24:37,988 I feel like somebody should redo this website 2177 01:24:37,988 --> 01:24:39,288 and then like do like a slider. 2178 01:24:40,228 --> 01:24:42,308 Next one is restrict access to Bitcoin. 2179 01:24:42,428 --> 01:24:43,028 So this is number two. 2180 01:24:43,928 --> 01:24:45,408 Decreasing withdrawal limits. 2181 01:24:45,408 --> 01:24:46,988 So dramatically increased time. 2182 01:24:47,308 --> 01:24:48,888 Taking withdrawal from exchange. 2183 01:24:49,008 --> 01:24:49,808 We've already seen this. 2184 01:24:49,888 --> 01:24:52,728 I think this is complete checkbox, I would say, 2185 01:24:52,848 --> 01:24:53,788 unless you guys disagree. 2186 01:24:55,748 --> 01:24:58,248 We see so many Stacker News posts all the time from, 2187 01:24:58,388 --> 01:24:59,088 oh, I can't withdraw. 2188 01:24:59,948 --> 01:25:00,308 Yeah. 2189 01:25:00,448 --> 01:25:01,968 So I think this is checkbox. 2190 01:25:02,168 --> 01:25:02,428 Yeah. 2191 01:25:02,568 --> 01:25:04,828 I don't know about the globe. 2192 01:25:04,828 --> 01:25:05,908 I mean, in the United States, 2193 01:25:06,068 --> 01:25:09,088 if you're on a custodial exchange, 2194 01:25:09,288 --> 01:25:10,828 you need to view our KYC. 2195 01:25:10,928 --> 01:25:11,848 That's going to change soon 2196 01:25:11,848 --> 01:25:13,588 once we get stable coins rolled out. 2197 01:25:13,848 --> 01:25:16,788 You're going to see that globally now next. 2198 01:25:17,308 --> 01:25:21,808 So you're not going to be able to withdraw to a stablecoin? 2199 01:25:22,048 --> 01:25:26,968 Certainly most places in the globe, as far as I understand, require KYC. 2200 01:25:28,248 --> 01:25:31,468 There's a global body that kind of sets standards. 2201 01:25:31,648 --> 01:25:32,848 I believe it's called... 2202 01:25:32,848 --> 01:25:36,308 This is why stablecoins won't scale, personally. 2203 01:25:36,888 --> 01:25:38,328 It's because of this kind of stuff. 2204 01:25:38,388 --> 01:25:39,508 They're just going to turn off your wallet. 2205 01:25:39,628 --> 01:25:41,628 I think it's FATF. 2206 01:25:42,668 --> 01:25:45,548 There's a global body that sets these kind of financial standards. 2207 01:25:45,548 --> 01:25:51,568 and if any country is following those financial standards, 2208 01:25:51,728 --> 01:25:55,068 which is what you need to do to participate in a global financial economy, 2209 01:25:55,428 --> 01:26:00,668 then you are KYC-ing anyone in a custodial context. 2210 01:26:01,148 --> 01:26:03,188 So the other one is closing accounts, 2211 01:26:03,328 --> 01:26:06,008 boot users who are suspected of using Bitcoin for products, 2212 01:26:06,068 --> 01:26:07,168 services that are not mainstream. 2213 01:26:07,888 --> 01:26:08,708 Do we see that yet? 2214 01:26:08,768 --> 01:26:10,008 I don't know if we see that yet. 2215 01:26:10,208 --> 01:26:11,988 Boot users who are suspected of using. 2216 01:26:11,988 --> 01:26:15,688 I mean, I think we get- 2217 01:26:15,688 --> 01:26:17,048 It's on a case-by-case basis, I feel like. 2218 01:26:17,068 --> 01:26:20,508 You get that a little bit with like a tainted address, 2219 01:26:20,968 --> 01:26:26,148 somehow you being in a custody chain with a tainted address. 2220 01:26:26,388 --> 01:26:26,568 Okay. 2221 01:26:27,408 --> 01:26:30,408 So maybe that's maybe, maybe there. 2222 01:26:30,868 --> 01:26:31,988 No withdrawal option. 2223 01:26:32,088 --> 01:26:32,968 We haven't seen that yet. 2224 01:26:34,588 --> 01:26:37,988 But we do see that with Robinhood, Revolut, and PayPal. 2225 01:26:38,828 --> 01:26:39,668 You can't withdraw yet, right? 2226 01:26:39,668 --> 01:26:40,488 You can't, no. 2227 01:26:40,488 --> 01:26:41,428 Or can you withdraw? 2228 01:26:41,428 --> 01:26:44,488 I think Robinhood allows you to withdraw Bitcoin. 2229 01:26:44,488 --> 01:26:45,548 Okay, so this has changed. 2230 01:26:45,688 --> 01:26:46,688 So maybe it's just revolutionary. 2231 01:26:47,408 --> 01:26:48,768 Possibly even PayPal, too. 2232 01:26:48,948 --> 01:26:52,668 I think most of that was like technical lag 2233 01:26:52,668 --> 01:26:54,648 or they weren't prioritizing it. 2234 01:26:54,668 --> 01:26:56,368 So withdraw options there. 2235 01:26:56,608 --> 01:26:57,768 User confirmed addresses. 2236 01:26:58,768 --> 01:27:00,428 So require users to confirm withdrawals 2237 01:27:00,428 --> 01:27:01,748 are to their own addresses. 2238 01:27:04,728 --> 01:27:06,188 Yeah, that definitely happened. 2239 01:27:08,008 --> 01:27:08,988 That might have been, 2240 01:27:09,328 --> 01:27:10,928 this might have been written around the time 2241 01:27:10,928 --> 01:27:12,488 that that law emerged, 2242 01:27:12,628 --> 01:27:16,008 the travel rule law in Europe emerged 2243 01:27:16,008 --> 01:27:18,068 where you have to basically dox your... 2244 01:27:18,068 --> 01:27:18,708 Address. 2245 01:27:19,308 --> 01:27:23,368 Yeah, your off-chain or your off-exchange wallet. 2246 01:27:23,608 --> 01:27:24,948 User verified addresses. 2247 01:27:25,688 --> 01:27:26,408 There you go there. 2248 01:27:26,928 --> 01:27:29,668 And then let's go on to bans on self-custody. 2249 01:27:29,788 --> 01:27:31,468 We're seeing them try this now. 2250 01:27:32,288 --> 01:27:33,608 I don't know if you guys remember that, 2251 01:27:33,708 --> 01:27:35,608 but we're seeing them try to ban self-custody. 2252 01:27:36,268 --> 01:27:37,668 But I don't think that's going to go through. 2253 01:27:38,768 --> 01:27:39,368 Yeah, that'd be hard. 2254 01:27:39,368 --> 01:27:39,968 That'd be hard. 2255 01:27:40,648 --> 01:27:42,528 So this is where it gets to number three. 2256 01:27:42,768 --> 01:27:46,068 So basically, number one, all of it has been done. 2257 01:27:46,208 --> 01:27:47,808 Number two, some of it has been done. 2258 01:27:47,888 --> 01:27:49,788 They're not quite complete with number two. 2259 01:27:50,068 --> 01:27:52,928 Because basically what I'm saying is like this whole war game, 6102, 2260 01:27:53,348 --> 01:27:54,808 it's already complete number one. 2261 01:27:55,108 --> 01:27:56,928 Number two hasn't been fully complete yet. 2262 01:27:57,728 --> 01:28:00,708 And number three, we're not there yet, thank God. 2263 01:28:01,428 --> 01:28:02,728 But maybe by the end of the decade. 2264 01:28:02,908 --> 01:28:06,308 So number three is these could be automatically taken from custodial wallets. 2265 01:28:06,308 --> 01:28:07,968 So basically this is where it comes back to 2266 01:28:07,968 --> 01:28:09,928 Bitcoin already held by Bitcoiners. 2267 01:28:10,008 --> 01:28:11,988 Users of self-custody would be told to disclose 2268 01:28:11,988 --> 01:28:14,128 all XPUBs and manually send the coins each year. 2269 01:28:14,628 --> 01:28:15,768 Topher, you ready to send back your Bitcoin? 2270 01:28:16,408 --> 01:28:18,708 Possibly rewards for anonymous tip-offs, 2271 01:28:18,868 --> 01:28:20,508 which lead to recovery of Bitcoin 2272 01:28:20,508 --> 01:28:21,928 from non-compliant individuals. 2273 01:28:22,148 --> 01:28:23,248 Ready to be compliant, Topher? 2274 01:28:24,028 --> 01:28:26,788 A yearly tax for your Bitcoin holdings. 2275 01:28:27,748 --> 01:28:28,728 Unrealized capital gains. 2276 01:28:28,768 --> 01:28:29,908 They actually tried this already. 2277 01:28:30,848 --> 01:28:32,828 I think it was on all assets, but yeah. 2278 01:28:33,428 --> 01:28:34,488 Bitcoin wealth tax. 2279 01:28:34,648 --> 01:28:36,008 I think this is definitely going to happen. 2280 01:28:36,008 --> 01:28:37,128 These are all kind of the same. 2281 01:28:37,568 --> 01:28:39,428 They're kind of using the same word. 2282 01:28:39,808 --> 01:28:42,048 There is like different terms for the same thing. 2283 01:28:42,348 --> 01:28:45,008 And then a full 6102 government decrees 2284 01:28:45,008 --> 01:28:46,948 that you have to surrender a percentage of all your Bitcoin, 2285 01:28:47,948 --> 01:28:50,068 similar to the gold's executive order. 2286 01:28:51,708 --> 01:28:53,588 So the conclusion is to all this, stackers, 2287 01:28:53,628 --> 01:28:54,388 if you're still listening. 2288 01:28:54,808 --> 01:28:56,868 Get your coins off the exchange, no KYC, 2289 01:28:57,408 --> 01:29:00,048 user privacy improving tools. 2290 01:29:01,708 --> 01:29:05,988 And yeah, once they put a gold, 2291 01:29:06,008 --> 01:29:12,408 gun to you i don't think um and they use that uh what's that that they use that thought what is 2292 01:29:12,408 --> 01:29:17,968 that that thought police app that you were talking about earlier once they do that we're done for 2293 01:29:17,968 --> 01:29:28,948 keon what do you think about this um i think yeah this i think this war game 2294 01:29:28,948 --> 01:29:35,748 is i don't like it i mean i like the i like the you know the layout is it is i think helpful 2295 01:29:35,748 --> 01:29:39,908 that you can kind of get through the full escalation. 2296 01:29:40,188 --> 01:29:43,208 And it all seems pretty common sense to me. 2297 01:29:43,908 --> 01:29:44,808 And so that's pretty cool. 2298 01:29:44,928 --> 01:29:46,428 I don't like the fact that it might happen. 2299 01:29:48,288 --> 01:29:51,628 That's my high-level thoughts on it. 2300 01:29:52,288 --> 01:29:53,548 Hopefully that's satisfactory. 2301 01:29:53,868 --> 01:29:55,168 Topher, what do you think about all this? 2302 01:29:56,568 --> 01:29:57,288 War gaming? 2303 01:29:58,188 --> 01:30:01,648 I mean, you should be thinking about this all the time. 2304 01:30:02,408 --> 01:30:02,928 It's a BitConer. 2305 01:30:03,588 --> 01:30:05,208 This is all you think about day one. 2306 01:30:05,568 --> 01:30:06,088 Oh, yeah. 2307 01:30:06,708 --> 01:30:08,088 You wake up in the morning, 2308 01:30:08,228 --> 01:30:10,508 this is like your homepage on your computer. 2309 01:30:10,848 --> 01:30:11,128 Yeah. 2310 01:30:11,688 --> 01:30:13,608 And you just read through it. 2311 01:30:14,508 --> 01:30:15,928 And then you read through it. 2312 01:30:15,948 --> 01:30:17,408 Well, this is no longer on the internet anymore, so. 2313 01:30:17,708 --> 01:30:18,468 Yeah, but you go through your own. 2314 01:30:18,468 --> 01:30:20,308 You've downloaded it already as a Bitcoiner. 2315 01:30:20,428 --> 01:30:21,848 You wrote your own version, 2316 01:30:22,048 --> 01:30:23,008 how it's going to happen to you. 2317 01:30:23,308 --> 01:30:25,548 Well, a lot of this is just dealing with exchanges. 2318 01:30:25,548 --> 01:30:27,068 So you just don't deal with exchanges, 2319 01:30:27,068 --> 01:30:28,848 and a lot of this doesn't apply to you. 2320 01:30:31,068 --> 01:30:34,168 Anyways, stackers, you've been warned. 2321 01:30:35,208 --> 01:30:37,108 stay away from exchanges. 2322 01:30:37,108 --> 01:30:37,988 We're going to jump into 2323 01:30:37,988 --> 01:30:40,208 some happy stuff now. 2324 01:30:42,288 --> 01:30:43,588 Stacker News take over 2325 01:30:43,588 --> 01:30:44,608 TabConf 7. 2326 01:30:44,788 --> 01:30:45,928 This was from Blockchain Boog. 2327 01:30:46,008 --> 01:30:46,608 This is Meta. 2328 01:30:47,388 --> 01:30:48,688 Keon, what's going on here? 2329 01:30:49,068 --> 01:30:49,348 Yeah. 2330 01:30:49,568 --> 01:30:51,148 So Blockchain Boog submitted, 2331 01:30:51,388 --> 01:30:52,368 I think we talked about this a while ago. 2332 01:30:52,448 --> 01:30:54,208 Blockchain Boog submitted to TabConf 2333 01:30:54,208 --> 01:30:55,968 to have space for Stacker News. 2334 01:30:57,368 --> 01:30:58,988 And he has been elected 2335 01:30:58,988 --> 01:31:01,368 to have space for Stacker News 2336 01:31:01,368 --> 01:31:03,348 at TabConf 7 in Atlanta, 2337 01:31:03,348 --> 01:31:06,768 I believe October 13th through the 16th. 2338 01:31:07,988 --> 01:31:11,128 And yeah, so we are going to do that. 2339 01:31:12,108 --> 01:31:15,048 Scoresby and I have been planning some things. 2340 01:31:16,428 --> 01:31:19,108 Blockchain Boog has been planning some things. 2341 01:31:20,028 --> 01:31:21,248 Oh, we're getting a circular table. 2342 01:31:21,468 --> 01:31:23,608 And we're going to try to make it fun. 2343 01:31:24,068 --> 01:31:31,108 We're going to try to make it not just a table that has like merch on it. 2344 01:31:31,168 --> 01:31:31,988 We're going to try to make it fun. 2345 01:31:31,988 --> 01:31:33,188 We'll see what we can do. 2346 01:31:33,348 --> 01:31:36,648 but that's what's up. 2347 01:31:37,328 --> 01:31:38,188 That's what's up. 2348 01:31:39,368 --> 01:31:40,508 Yeah, it's going to be fun. 2349 01:31:40,588 --> 01:31:44,448 I think we're going to have the SNL DVD, 2350 01:31:44,828 --> 01:31:46,548 so I'm working on that now. 2351 01:31:47,188 --> 01:31:48,208 Almost have it complete. 2352 01:31:48,688 --> 01:31:52,348 Playpoet's going to have some zines and some, 2353 01:31:52,348 --> 01:31:54,728 what else are you going to have? 2354 01:31:55,128 --> 01:31:56,188 Some other stuff. 2355 01:31:56,668 --> 01:31:58,128 Should like rent out a movie theater. 2356 01:31:59,708 --> 01:32:00,628 Oh, you're not coming? 2357 01:32:02,648 --> 01:32:03,048 Oh. 2358 01:32:03,348 --> 01:32:05,588 She's not coming, but blockchain book web, all the zines. 2359 01:32:06,608 --> 01:32:07,388 What else? 2360 01:32:07,768 --> 01:32:09,008 I think that's about it. 2361 01:32:10,348 --> 01:32:10,748 Cool. 2362 01:32:10,988 --> 01:32:13,468 The other thing I wanted to bring up was this one. 2363 01:32:13,668 --> 01:32:15,468 So I need help with the DVD menu. 2364 01:32:16,028 --> 01:32:17,448 This is not what it looks like. 2365 01:32:17,968 --> 01:32:18,528 Oh, why not? 2366 01:32:19,408 --> 01:32:20,448 Oh, you like that one? 2367 01:32:20,788 --> 01:32:21,468 That's funny. 2368 01:32:21,668 --> 01:32:23,888 I think it's pretty awesome, actually. 2369 01:32:24,288 --> 01:32:25,548 This is the default one. 2370 01:32:25,988 --> 01:32:26,728 Yeah, why not? 2371 01:32:26,888 --> 01:32:30,108 I mean, it's not like someone has seen this a hundred times. 2372 01:32:30,108 --> 01:32:31,828 It's been like 30 years before. 2373 01:32:31,828 --> 01:32:35,308 maybe I'll leave it this one 2374 01:32:35,308 --> 01:32:37,188 I was going to do this one because I thought it'd be funny 2375 01:32:37,188 --> 01:32:39,448 to put like Stacker News on a DVD 2376 01:32:39,448 --> 01:32:41,888 like when you see it in your DVD player 2377 01:32:41,888 --> 01:32:43,668 it would be kind of 2378 01:32:43,668 --> 01:32:45,548 funny like oh wow I have Stacker News live 2379 01:32:45,548 --> 01:32:46,348 on my DVD player 2380 01:32:46,348 --> 01:32:49,168 I changed the thing with the DVD stuff 2381 01:32:49,168 --> 01:32:50,328 some Easter eggs 2382 01:32:50,328 --> 01:32:53,808 anyways if anybody has any ideas 2383 01:32:53,808 --> 01:32:55,068 let me know 2384 01:32:55,068 --> 01:32:56,468 yeah 2385 01:32:56,468 --> 01:32:59,848 other thing is 2386 01:32:59,848 --> 01:33:01,548 Pleb Poet Zine came out 2387 01:33:01,548 --> 01:33:03,848 what is going on 2388 01:33:03,848 --> 01:33:04,788 here it is 2389 01:33:04,788 --> 01:33:06,948 yeah 2390 01:33:06,948 --> 01:33:09,108 hello 2391 01:33:09,108 --> 01:33:11,308 here it is 2392 01:33:11,308 --> 01:33:13,628 I just finished it 2393 01:33:13,628 --> 01:33:16,528 so this is hot 2394 01:33:16,528 --> 01:33:18,428 it's burning my hand right now 2395 01:33:18,428 --> 01:33:19,968 it's so hot off the press 2396 01:33:19,968 --> 01:33:24,448 you know we got classifieds back there on the back 2397 01:33:24,448 --> 01:33:26,108 car didn't want to buy another classified 2398 01:33:26,108 --> 01:33:27,608 so there's three empty spaces 2399 01:33:27,608 --> 01:33:28,908 you got too many customers 2400 01:33:28,908 --> 01:33:31,908 I think we should have done a monthly thing I said. 2401 01:33:31,908 --> 01:33:33,908 We're doing weekly. 2402 01:33:33,908 --> 01:33:36,908 And then there's a new crossword puzzle in there. 2403 01:33:36,908 --> 01:33:51,284 I give you one of the clues right now Let see if you can come up with the answer Okay Okay so this is an asset I guess 2404 01:33:51,524 --> 01:33:52,604 No, I'm just going to read the clue. 2405 01:33:52,684 --> 01:33:56,804 The clue is firmly fixed, pegged, and regulated. 2406 01:34:01,544 --> 01:34:02,024 Wow. 2407 01:34:02,944 --> 01:34:03,884 Any ideas? 2408 01:34:04,164 --> 01:34:04,604 Stablecoin? 2409 01:34:05,504 --> 01:34:06,264 That could be right. 2410 01:34:06,264 --> 01:34:07,104 Sounds like a dating profile. 2411 01:34:07,764 --> 01:34:09,044 That could be right. 2412 01:34:09,784 --> 01:34:14,504 Firmly fixed, pegged, and what was the other one? 2413 01:34:14,604 --> 01:34:15,484 Regulated. 2414 01:34:15,824 --> 01:34:16,304 Regulated. 2415 01:34:17,104 --> 01:34:20,224 But anyway, thanks, everybody, and check it out. 2416 01:34:20,624 --> 01:34:22,744 And yep. 2417 01:34:26,264 --> 01:34:26,784 Two. 2418 01:34:27,824 --> 01:34:28,544 Thank you. 2419 01:34:28,664 --> 01:34:30,024 How do we get the zine? 2420 01:34:32,144 --> 01:34:32,884 Right there. 2421 01:34:34,184 --> 01:34:34,644 Purchase it. 2422 01:34:35,964 --> 01:34:37,004 Click on the zine. 2423 01:34:37,004 --> 01:34:37,944 There's a web version. 2424 01:34:37,944 --> 01:34:40,244 but it takes time to load. 2425 01:34:40,304 --> 01:34:41,804 Hey, there's Teddy. 2426 01:34:43,484 --> 01:34:44,004 Oh, wow. 2427 01:34:44,064 --> 01:34:44,824 Look at this. 2428 01:34:45,024 --> 01:34:46,084 Oh, look at you. 2429 01:34:46,204 --> 01:34:46,444 Yeah. 2430 01:34:46,524 --> 01:34:47,004 Yeah. 2431 01:34:48,324 --> 01:34:50,784 The world's most costly newsletter. 2432 01:34:52,164 --> 01:34:52,944 These ads. 2433 01:34:53,124 --> 01:34:54,524 I like Simple Stacker's ads. 2434 01:34:54,724 --> 01:34:55,464 Help a brother out. 2435 01:34:55,584 --> 01:34:58,144 Lost both hard drives during block size fours. 2436 01:34:58,404 --> 01:34:58,904 Anything help. 2437 01:35:01,704 --> 01:35:02,704 That's awesome. 2438 01:35:03,464 --> 01:35:05,524 You know, it'd be funny if you did like the, 2439 01:35:05,524 --> 01:35:07,084 like traveling to the future. 2440 01:35:07,084 --> 01:35:09,004 That's what I was hoping for. 2441 01:35:09,124 --> 01:35:11,964 Yeah, like a funny, like fun classifier. 2442 01:35:12,024 --> 01:35:12,864 I'm from the future. 2443 01:35:13,084 --> 01:35:14,464 Send help, please. 2444 01:35:14,544 --> 01:35:16,024 I will totally do this next time. 2445 01:35:16,244 --> 01:35:17,044 This is fun. 2446 01:35:18,504 --> 01:35:19,744 You get to see it in print. 2447 01:35:20,264 --> 01:35:20,864 This is good. 2448 01:35:21,064 --> 01:35:22,184 You got trips. 2449 01:35:22,724 --> 01:35:25,184 We don't want to give it all away, so you got to buy it. 2450 01:35:25,264 --> 01:35:25,984 You got to buy this. 2451 01:35:26,264 --> 01:35:27,064 Yeah, it's so hot. 2452 01:35:27,084 --> 01:35:29,104 You can also print it yourself at home if you want. 2453 01:35:29,824 --> 01:35:30,684 Or you can just buy it. 2454 01:35:30,984 --> 01:35:32,524 What is that number for? 2455 01:35:32,604 --> 01:35:33,444 The hashtag number. 2456 01:35:33,704 --> 01:35:34,084 Which one? 2457 01:35:34,724 --> 01:35:35,064 That one. 2458 01:35:35,064 --> 01:35:40,224 It's probably like a secret code 2459 01:35:40,224 --> 01:35:41,364 Oh maybe they're 2460 01:35:41,364 --> 01:35:43,624 It's probably like a drop 2461 01:35:43,624 --> 01:35:45,044 Like a drop location 2462 01:35:45,044 --> 01:35:47,244 It's like GPS coordinates encoded in there 2463 01:35:47,244 --> 01:35:48,184 I'm not sure what it is 2464 01:35:48,184 --> 01:35:50,444 But I imagine that it is a Stacker News post 2465 01:35:50,444 --> 01:35:51,084 So that 2466 01:35:51,084 --> 01:35:52,804 They want to direct you to that post 2467 01:35:52,804 --> 01:35:54,564 That makes a lot more sense actually 2468 01:35:54,564 --> 01:35:55,984 Do you want to try it? 2469 01:35:56,044 --> 01:35:57,784 See what post it is? 2470 01:35:57,784 --> 01:35:58,744 Let's try it 2471 01:35:58,744 --> 01:36:00,364 I'm kind of curious now 2472 01:36:00,364 --> 01:36:02,344 Okay 2473 01:36:02,344 --> 01:36:05,664 you have over a million posts 2474 01:36:05,664 --> 01:36:08,804 712 2475 01:36:08,804 --> 01:36:14,964 cool Darth coin 2476 01:36:14,964 --> 01:36:17,064 did we get the number right though? 2477 01:36:17,064 --> 01:36:18,904 I don't know did we get the number right? 2478 01:36:19,404 --> 01:36:20,524 we can't tell 2479 01:36:20,524 --> 01:36:22,124 but 2480 01:36:22,124 --> 01:36:24,264 1-2-2-7-1-2 2481 01:36:24,264 --> 01:36:26,324 I guess that means 2482 01:36:26,324 --> 01:36:27,924 1-2-2-2 2483 01:36:27,924 --> 01:36:29,624 3-2's 2484 01:36:29,624 --> 01:36:32,324 1-2-2-2 2485 01:36:32,344 --> 01:36:36,924 Shout out to Darth Coyne. 2486 01:36:36,924 --> 01:36:37,924 I think half the post is there. 2487 01:36:37,924 --> 01:36:40,024 KBI probably has more comments than any one. 2488 01:36:40,024 --> 01:36:41,644 Oh wow. Dang. 2489 01:36:42,124 --> 01:36:42,804 Okay here we go. 2490 01:36:42,804 --> 01:36:43,304 Wow. 2491 01:36:43,584 --> 01:36:44,184 Oh. 2492 01:36:45,944 --> 01:36:46,384 Shit. 2493 01:36:46,624 --> 01:36:47,904 I didn't see this post. 2494 01:36:48,024 --> 01:36:50,924 I'm going to have to read this. 2495 01:36:54,264 --> 01:36:55,524 This is why you get the zine. 2496 01:36:55,844 --> 01:36:56,484 More alpha. 2497 01:36:57,124 --> 01:36:59,864 That we can't talk about on the show because it's… 2498 01:36:59,864 --> 01:37:02,584 How did they do it back in the day with the sense? 2499 01:37:04,264 --> 01:37:05,144 Well, I don't know. 2500 01:37:05,324 --> 01:37:06,324 That seemed pretty spicy. 2501 01:37:06,524 --> 01:37:09,324 American Revolution, how they do it when they shared the sense pamphlet. 2502 01:37:09,704 --> 01:37:16,104 Yeah, this is somebody on a horse sharing the zine stuff. 2503 01:37:16,864 --> 01:37:18,044 You can only... 2504 01:37:18,044 --> 01:37:19,264 But we're in a video. 2505 01:37:20,264 --> 01:37:22,004 This is what the British would be doing. 2506 01:37:22,004 --> 01:37:23,664 Or this is what the Americans would be doing. 2507 01:37:23,664 --> 01:37:25,604 I mean, this is technically kind of... 2508 01:37:25,604 --> 01:37:26,684 Having a podcast. 2509 01:37:26,844 --> 01:37:28,064 This is technically the same thing. 2510 01:37:28,264 --> 01:37:29,144 Maybe we're Paul Revere. 2511 01:37:29,144 --> 01:37:31,284 Maybe this is what that is. 2512 01:37:31,324 --> 01:37:34,124 Maybe you have a podcast and you release like a paper version 2513 01:37:34,124 --> 01:37:38,244 and to actually get the alpha, the real alpha is the paper version. 2514 01:37:39,144 --> 01:37:39,924 The Federalist Papers. 2515 01:37:40,864 --> 01:37:41,304 Yeah. 2516 01:37:41,604 --> 01:37:42,644 This is kind of smart, Keon. 2517 01:37:42,664 --> 01:37:43,504 I see what you're doing here. 2518 01:37:44,884 --> 01:37:45,364 Yeah, yeah. 2519 01:37:45,444 --> 01:37:46,164 Federalist Papers. 2520 01:37:46,264 --> 01:37:47,484 They were just circulating them. 2521 01:37:48,384 --> 01:37:48,784 Interesting. 2522 01:37:49,424 --> 01:37:49,604 Yeah. 2523 01:37:49,864 --> 01:37:54,064 It's funny how history is repeating itself. 2524 01:37:54,744 --> 01:37:55,664 Cool stuff. 2525 01:37:55,664 --> 01:37:58,224 the other stuff is 2526 01:37:58,224 --> 01:38:01,584 yeah and then we just got 2527 01:38:01,584 --> 01:38:03,564 the top cowboys 2528 01:38:03,564 --> 01:38:04,384 baby 2529 01:38:04,384 --> 01:38:07,304 let's go to the top cowboys 2530 01:38:07,304 --> 01:38:09,764 this is the most popular 2531 01:38:09,764 --> 01:38:11,384 segment in Bitcoin turns out that 2532 01:38:11,384 --> 01:38:13,544 it's so popular that they're 2533 01:38:13,544 --> 01:38:15,564 showing up on pretext to make bets 2534 01:38:15,564 --> 01:38:17,584 now so we might see some 2535 01:38:17,584 --> 01:38:18,284 actual stuff 2536 01:38:18,284 --> 01:38:21,384 a sailor reached out to me and was like 2537 01:38:21,384 --> 01:38:23,324 how do I get on this segment I'm like sorry buddy 2538 01:38:23,324 --> 01:38:25,004 you can't afford it 2539 01:38:25,004 --> 01:38:26,824 Actually, he could afford it. 2540 01:38:27,724 --> 01:38:28,704 Actually, he could afford it. 2541 01:38:28,744 --> 01:38:30,364 You don't know what it costs. 2542 01:38:30,364 --> 01:38:33,064 Wait, how did Siggy dethrone you? 2543 01:38:34,904 --> 01:38:36,944 He's always been ahead of me. 2544 01:38:37,104 --> 01:38:38,504 Maybe I just had two teclulas. 2545 01:38:40,164 --> 01:38:42,124 Yeah, you might be mixing it up. 2546 01:38:42,304 --> 01:38:44,564 You know, like they're blurring over each other. 2547 01:38:45,144 --> 01:38:46,264 We've got Undiscipline number three, 2548 01:38:46,384 --> 01:38:47,484 Warchin Boo, Grey Ruby. 2549 01:38:47,784 --> 01:38:49,084 I think someone might have dropped out. 2550 01:38:49,444 --> 01:38:50,824 I don't know who, though. 2551 01:38:51,004 --> 01:38:51,944 No, I don't think so. 2552 01:38:52,144 --> 01:38:53,584 I think they might have. 2553 01:38:53,584 --> 01:38:55,204 Yeah, looks the same. 2554 01:38:56,044 --> 01:38:58,164 I think there was one that dropped out. 2555 01:38:58,684 --> 01:38:59,784 I thought they were talking about it. 2556 01:38:59,904 --> 01:39:02,184 Well, that looks the same. 2557 01:39:02,504 --> 01:39:02,804 All right. 2558 01:39:02,964 --> 01:39:03,504 That's smooth. 2559 01:39:03,584 --> 01:39:04,864 Where'd you get that from, the tequila? 2560 01:39:05,644 --> 01:39:06,084 Bochel? 2561 01:39:10,324 --> 01:39:11,204 Oh, nice. 2562 01:39:12,764 --> 01:39:13,404 On Brazos? 2563 01:39:13,544 --> 01:39:14,324 Is that that place? 2564 01:39:14,904 --> 01:39:15,784 There's one by and by. 2565 01:39:15,844 --> 01:39:16,364 It's really good. 2566 01:39:16,524 --> 01:39:17,324 It's really smooth. 2567 01:39:19,524 --> 01:39:21,704 You know, strangely, I feel like eating fajitas. 2568 01:39:23,584 --> 01:39:27,224 I feel like going to go get some fajitas and a margarita. 2569 01:39:27,844 --> 01:39:35,204 Anyways, Piel Curve, Real Bitcoin Doggy, Simple Snacker, EK, FreeTX, Mega Dreamer, 2570 01:39:36,184 --> 01:39:42,544 Solomon's, Toshi, ZeroXBitcoin, Justin ShockNet coming out with all the shocking comments 2571 01:39:42,544 --> 01:39:44,264 on Stacker News. 2572 01:39:44,444 --> 01:39:45,064 Gotta love it. 2573 01:39:45,164 --> 01:39:46,184 Oh, even I'm moving up. 2574 01:39:46,504 --> 01:39:47,244 36 now. 2575 01:39:48,624 --> 01:39:49,464 What else do we got? 2576 01:39:51,484 --> 01:39:52,824 Kian, you see anything you can see here? 2577 01:39:52,824 --> 01:39:54,104 Even Cascader's back. 2578 01:39:54,824 --> 01:39:55,264 Oh, yeah. 2579 01:39:55,364 --> 01:39:57,164 They've been calling out Chadbot. 2580 01:39:57,644 --> 01:39:58,184 Oh, nice. 2581 01:39:58,804 --> 01:40:00,844 We got Ben the Carmen's back, 51. 2582 01:40:02,264 --> 01:40:03,724 He's been going up slowly. 2583 01:40:04,344 --> 01:40:06,124 I think he's trying to get back in here. 2584 01:40:06,884 --> 01:40:08,144 Yeah, we'll see what happens. 2585 01:40:09,584 --> 01:40:12,304 You always thought you were always calling out Ben to be a dark horse. 2586 01:40:12,304 --> 01:40:12,824 I love Ben. 2587 01:40:12,964 --> 01:40:13,744 He's like one of my favorite. 2588 01:40:13,744 --> 01:40:14,524 He's trying to be a light horse. 2589 01:40:14,704 --> 01:40:17,044 Ben Carmen's like one of my favorite Bitcoin developers. 2590 01:40:17,964 --> 01:40:18,204 Okay. 2591 01:40:18,484 --> 01:40:18,884 Besides you guys. 2592 01:40:20,144 --> 01:40:22,524 I feel like that was like you were just doing charity. 2593 01:40:22,524 --> 01:40:23,244 work there. 2594 01:40:23,644 --> 01:40:24,484 Yeah, I love you guys. 2595 01:40:24,824 --> 01:40:25,304 Are you kidding me? 2596 01:40:25,784 --> 01:40:26,764 Max Webster. 2597 01:40:26,924 --> 01:40:28,044 We got It's Real Fake, 2598 01:40:28,264 --> 01:40:28,844 Byzantine, 2599 01:40:29,684 --> 01:40:30,344 TN Snacker, 2600 01:40:32,764 --> 01:40:34,004 R.D. Clark, 2601 01:40:35,464 --> 01:40:36,404 Tima Club. 2602 01:40:37,684 --> 01:40:38,604 Bounty Hunter's there. 2603 01:40:38,604 --> 01:40:38,984 Bounty Hunter. 2604 01:40:40,424 --> 01:40:41,204 Yeah, what's that? 2605 01:40:46,244 --> 01:40:46,844 Cheaper. 2606 01:40:47,464 --> 01:40:48,124 We got Sooks. 2607 01:40:48,144 --> 01:40:49,024 And more exploitive. 2608 01:40:49,404 --> 01:40:52,404 Sooks, Sooks, Sooks, Sooks, Sooks, Sooks. 2609 01:40:52,524 --> 01:40:57,524 And that's it 2610 01:40:57,524 --> 01:40:58,564 Oh you were 2611 01:40:58,564 --> 01:41:00,784 I don't know I didn't see you actually 2612 01:41:00,784 --> 01:41:02,164 Did you not show up this week 2613 01:41:02,164 --> 01:41:04,604 You should have got it back 2614 01:41:04,604 --> 01:41:05,504 Yeah I don't see her 2615 01:41:05,504 --> 01:41:07,964 Oh right there 2616 01:41:07,964 --> 01:41:11,004 What did you post this week 2617 01:41:11,004 --> 01:41:12,524 Just a zine 2618 01:41:12,524 --> 01:41:15,724 Dang he doesn't even zap you 2619 01:41:15,724 --> 01:41:16,764 Look at that 2620 01:41:16,764 --> 01:41:19,644 She just posts all her work stuff 2621 01:41:19,644 --> 01:41:22,344 No I posted her this one 2622 01:41:22,524 --> 01:41:24,444 Carter doesn't want his 2623 01:41:24,444 --> 01:41:27,784 I mean I wish you'd post 2624 01:41:27,784 --> 01:41:28,584 Let's go look 2625 01:41:28,584 --> 01:41:29,964 Oh no it looks like 2626 01:41:29,964 --> 01:41:33,504 You can see that 2627 01:41:33,504 --> 01:41:35,424 Boom boom boom 2628 01:41:35,424 --> 01:41:36,844 Those are 2629 01:41:36,844 --> 01:41:39,384 Yeah it's like 1 in 20 2630 01:41:39,384 --> 01:41:40,644 I posted that one 2631 01:41:40,644 --> 01:41:41,964 Okay 2632 01:41:41,964 --> 01:41:44,944 I posted that one 2633 01:41:44,944 --> 01:41:46,384 Look 2634 01:41:46,384 --> 01:41:49,924 Oh he zaps you not smoking weed 2635 01:41:49,924 --> 01:41:50,984 Look I post 2636 01:41:50,984 --> 01:41:52,444 He zapped you all the time. 2637 01:41:53,204 --> 01:41:54,964 He did give you a thousand sats a couple times. 2638 01:41:55,324 --> 01:41:55,484 Boom. 2639 01:41:57,104 --> 01:41:58,564 Boom, boom, boom. 2640 01:42:00,904 --> 01:42:02,284 That's way back. 2641 01:42:02,804 --> 01:42:05,424 Yeah, I definitely zap you all the time. 2642 01:42:05,504 --> 01:42:06,744 It's just whenever there's something really good. 2643 01:42:07,844 --> 01:42:08,504 You're welcome. 2644 01:42:09,504 --> 01:42:10,184 I keep it real. 2645 01:42:11,604 --> 01:42:13,024 Should we go to yours, Coop? 2646 01:42:13,444 --> 01:42:14,884 Should we log in with your second? 2647 01:42:15,204 --> 01:42:16,404 Oh, you'll just see. 2648 01:42:17,664 --> 01:42:19,084 Probably zaps on everything. 2649 01:42:20,324 --> 01:42:20,724 Okay. 2650 01:42:20,724 --> 01:42:22,384 I'm probably that's the biggest thing. 2651 01:42:22,384 --> 01:42:23,024 Maybe next week, 2652 01:42:23,084 --> 01:42:25,064 Staggers will log in with Kubz login and see. 2653 01:42:26,064 --> 01:42:26,944 At least I keep it real. 2654 01:42:27,864 --> 01:42:28,584 What else? 2655 01:42:29,444 --> 01:42:30,324 I think that's it. 2656 01:42:30,364 --> 01:42:31,184 I think that's all we got. 2657 01:42:33,984 --> 01:42:35,544 Where's the meta thing here? 2658 01:42:37,504 --> 01:42:39,964 I feel like this podcast is going off the rails now 2659 01:42:39,964 --> 01:42:41,344 because I took a couple shots of tequila. 2660 01:42:43,884 --> 01:42:44,444 All right. 2661 01:42:44,484 --> 01:42:45,944 We're going to have the Fountain Boost. 2662 01:42:47,344 --> 01:42:48,984 Blockchain Boost said stay in school, kids. 2663 01:42:49,924 --> 01:42:50,844 Oh, that's good. 2664 01:42:50,944 --> 01:42:52,024 That's also what Bake said. 2665 01:42:53,464 --> 01:42:55,224 Gray Ruby just zapped us. 2666 01:42:55,364 --> 01:42:56,144 And then Discipline says, 2667 01:42:56,244 --> 01:42:58,984 you don't have to move energy from space to Earth 2668 01:42:58,984 --> 01:43:00,864 if you move energy to space. 2669 01:43:01,564 --> 01:43:11,520 Ted I ask you is that true or not It a very concise way of saying what Ted explained to us during the last podcast About getting energy back to Earth Yeah I moving it 2670 01:43:16,100 --> 01:43:19,020 It's very hard to commercialize space. 2671 01:43:19,120 --> 01:43:21,380 I don't think we have a great way to commercialize space right now. 2672 01:43:21,380 --> 01:43:26,500 But I think moving, I mean, you can send heavy objects down the gravity well. 2673 01:43:26,660 --> 01:43:30,160 So some aspects of industry could presumably be in space. 2674 01:43:30,620 --> 01:43:33,020 But if you look at the math, even if it's like palladium 2675 01:43:33,020 --> 01:43:35,620 or like the most amazing thing you could possibly imagine, 2676 01:43:35,620 --> 01:43:38,920 it's still not currently economical to go fetch it from space. 2677 01:43:39,020 --> 01:43:42,000 But maybe in the future, and there's certainly things that you get in space 2678 01:43:42,000 --> 01:43:42,580 that you don't care elsewhere. 2679 01:43:42,740 --> 01:43:44,880 Like, for example, in the Van Allen belts, 2680 01:43:44,940 --> 01:43:47,300 you get all this antimatter that's like trapped in space. 2681 01:43:47,380 --> 01:43:49,700 You go scoop up some antimatter if you had a good use for it. 2682 01:43:50,120 --> 01:43:55,460 But I don't know about moving energy, like energy and heavy industry, 2683 01:43:56,320 --> 01:43:58,700 specifically like chips and things that require specialty. 2684 01:43:58,700 --> 01:44:07,020 I think it's going to be very difficult to do that more economically in space and service Earth than vice versa. 2685 01:44:07,640 --> 01:44:10,800 So I think it will always be chips and computers coming from Earth. 2686 01:44:11,360 --> 01:44:14,160 And then in space, it's probably space is just funding itself. 2687 01:44:15,340 --> 01:44:16,700 At least for the near future. 2688 01:44:17,320 --> 01:44:17,680 I don't know. 2689 01:44:17,760 --> 01:44:19,160 Maybe he's talking about long term. 2690 01:44:19,480 --> 01:44:20,380 Well, no, he's just saying. 2691 01:44:21,040 --> 01:44:21,680 He's an economist. 2692 01:44:21,680 --> 01:44:27,720 well he's saying if we don't uh we don't have to move energy from space back to earth if we 2693 01:44:27,720 --> 01:44:32,660 can relocate industry in space where the energy is abundant that's what he said 2694 01:44:32,660 --> 01:44:37,900 like rather than because we were because i think on the podcast we were talking about taking energy 2695 01:44:37,900 --> 01:44:41,080 that we're gathering from elsewhere and moving it back to earth but then you mentioned that 2696 01:44:41,080 --> 01:44:47,200 it's one of the benefits of commercializing on mars is because the energy is already there 2697 01:44:47,200 --> 01:44:49,060 and abundant and it'd be, 2698 01:44:49,220 --> 01:44:51,020 or the energy expenses are cheaper 2699 01:44:51,020 --> 01:44:52,940 because we're already out in space 2700 01:44:52,940 --> 01:44:55,100 that we could do a lot of industrial things 2701 01:44:55,100 --> 01:44:57,160 from the moon that we couldn't do on earth. 2702 01:44:57,340 --> 01:44:57,460 Yeah. 2703 01:44:57,600 --> 01:44:59,520 And even the moon, even Mars, 2704 01:44:59,720 --> 01:45:02,320 like even Mars, 2705 01:45:02,420 --> 01:45:03,900 it's like kind of a great jumping off point 2706 01:45:03,900 --> 01:45:05,100 for in the solar system, 2707 01:45:05,180 --> 01:45:06,180 much lower gravity well, 2708 01:45:06,300 --> 01:45:07,620 so it's easier to get off Mars. 2709 01:45:07,820 --> 01:45:08,020 Yeah. 2710 01:45:08,320 --> 01:45:10,840 I think the big thing that I find 2711 01:45:10,840 --> 01:45:13,640 that's really genius about Elon Musk 2712 01:45:13,640 --> 01:45:15,620 is that he kind of merges the physics 2713 01:45:15,620 --> 01:45:16,620 and the economics 2714 01:45:16,620 --> 01:45:21,820 and so you have to think about things like not just necessarily like for example like an engineer 2715 01:45:21,820 --> 01:45:25,980 solar radiation in a unit of space than there is on earth just because there's no atmosphere 2716 01:45:25,980 --> 01:45:31,740 yeah but from economics perspective like there's so much value that comes from being around other 2717 01:45:31,740 --> 01:45:37,200 human beings and other industries so that you can trade like yeah it's like i don't know you know 2718 01:45:37,200 --> 01:45:42,420 what the exact number is but i'm sure it's like you know trillions of percents like things that 2719 01:45:42,420 --> 01:45:45,280 are way easier to do when you can specialize. 2720 01:45:45,820 --> 01:45:49,060 So it's a difficult prospect, 2721 01:45:49,280 --> 01:45:52,540 but the hope is that we find something super valuable in space 2722 01:45:52,540 --> 01:45:55,540 that can kind of bootstrap everything. 2723 01:45:55,680 --> 01:45:56,620 And maybe it's helium-3. 2724 01:45:56,980 --> 01:46:00,660 So if we get fusion going, helium-3 is a good example 2725 01:46:00,660 --> 01:46:03,000 of something that could make it worthwhile. 2726 01:46:03,660 --> 01:46:03,960 Okay. 2727 01:46:04,800 --> 01:46:08,760 And people can't see, but Ted has new facial hair 2728 01:46:08,760 --> 01:46:10,600 that makes him, 2729 01:46:10,840 --> 01:46:13,740 I feel like makes him way more credible. 2730 01:46:15,020 --> 01:46:16,780 He didn't have facial hair before, right? 2731 01:46:17,520 --> 01:46:18,100 Did he really? 2732 01:46:18,440 --> 01:46:19,820 This is not very much facial hair. 2733 01:46:20,160 --> 01:46:20,340 Oh. 2734 01:46:20,480 --> 01:46:21,340 No, no. 2735 01:46:21,640 --> 01:46:24,560 When you start talking about space, though, 2736 01:46:24,600 --> 01:46:25,940 what happens is that you just, 2737 01:46:26,120 --> 01:46:26,880 it just sprouts. 2738 01:46:27,600 --> 01:46:29,120 Yeah, I mean, he was telling us last week 2739 01:46:29,120 --> 01:46:30,960 about how all the graybeards are the ones 2740 01:46:30,960 --> 01:46:33,020 that really know their physics stuff 2741 01:46:33,020 --> 01:46:33,860 or their astrophysics stuff. 2742 01:46:33,860 --> 01:46:34,680 He's always had facial hair. 2743 01:46:35,060 --> 01:46:35,300 Has he? 2744 01:46:35,460 --> 01:46:36,260 You haven't, right? 2745 01:46:36,360 --> 01:46:37,200 I feel like he has. 2746 01:46:37,200 --> 01:46:40,620 don't trust him 2747 01:46:40,620 --> 01:46:42,380 that's what I took away 2748 01:46:42,380 --> 01:46:43,900 but he used to work with the space people 2749 01:46:43,900 --> 01:46:46,180 that's what I mean he's coming into it 2750 01:46:46,180 --> 01:46:48,700 it doesn't come on all at once 2751 01:46:48,700 --> 01:46:51,860 did you have facial hair recently 2752 01:46:51,860 --> 01:46:52,820 like this 2753 01:46:52,820 --> 01:46:55,660 okay maybe you did 2754 01:46:55,660 --> 01:46:56,680 he's always had facial hair 2755 01:46:56,680 --> 01:46:58,020 no he hasn't always had 2756 01:46:58,020 --> 01:47:00,160 okay 2757 01:47:00,160 --> 01:47:03,060 what is that meme 2758 01:47:03,060 --> 01:47:04,440 where it goes like 2759 01:47:04,440 --> 01:47:05,340 you 2760 01:47:05,340 --> 01:47:09,000 like you don't know I went all in on Bitcoin, 2761 01:47:09,180 --> 01:47:10,240 but there will be signs. 2762 01:47:11,100 --> 01:47:12,020 Something like that. 2763 01:47:12,160 --> 01:47:12,820 There will be signs. 2764 01:47:12,840 --> 01:47:13,880 There will be signs. 2765 01:47:14,600 --> 01:47:15,860 There will be signs. 2766 01:47:19,020 --> 01:47:22,900 Well, no, the sign is Ted looks like he's like ready for the market. 2767 01:47:23,440 --> 01:47:23,720 Yeah. 2768 01:47:23,980 --> 01:47:25,620 Are you ready for the market, Ted? 2769 01:47:26,260 --> 01:47:27,840 What are you looking at? 2770 01:47:28,520 --> 01:47:29,420 For the market. 2771 01:47:30,100 --> 01:47:31,360 The only market that matters. 2772 01:47:31,360 --> 01:47:31,700 Oh, the data market, bro. 2773 01:47:32,200 --> 01:47:32,360 Oh. 2774 01:47:35,340 --> 01:47:37,460 I think it's a great shirt 2775 01:47:37,460 --> 01:47:38,680 His swag is increasing 2776 01:47:38,680 --> 01:47:40,540 I have to agree 2777 01:47:40,540 --> 01:47:44,860 He already was on the camp 2778 01:47:44,860 --> 01:47:46,660 We got an eligible bachelor here 2779 01:47:46,660 --> 01:47:49,400 For the two people that are watching 2780 01:47:49,400 --> 01:47:51,440 Very eligible 2781 01:47:51,440 --> 01:47:53,260 Car sister might be single 2782 01:47:53,260 --> 01:47:56,120 She's married 2783 01:47:56,120 --> 01:47:57,600 Oh man 2784 01:47:57,600 --> 01:47:59,680 This show has gone off the rails 2785 01:47:59,680 --> 01:48:02,000 It was so strong 2786 01:48:02,000 --> 01:48:03,180 It started off so strong 2787 01:48:03,180 --> 01:48:04,180 and 2788 01:48:04,180 --> 01:48:05,180 anyway 2789 01:48:05,180 --> 01:48:05,960 YouTube comments 2790 01:48:05,960 --> 01:48:06,760 we got YouTube comments 2791 01:48:06,760 --> 01:48:07,260 from Vake 2792 01:48:07,260 --> 01:48:08,320 because he's the only one 2793 01:48:08,320 --> 01:48:08,880 that comments 2794 01:48:08,880 --> 01:48:10,180 stay sober 2795 01:48:10,180 --> 01:48:11,380 oh you commented too 2796 01:48:11,380 --> 01:48:12,060 what did you say 2797 01:48:12,060 --> 01:48:12,880 last week 2798 01:48:12,880 --> 01:48:13,400 yeah 2799 01:48:13,400 --> 01:48:14,040 are you Vake 2800 01:48:14,040 --> 01:48:14,940 wait are you 2801 01:48:14,940 --> 01:48:15,500 no Vake 2802 01:48:15,500 --> 01:48:16,120 I know Vake 2803 01:48:16,120 --> 01:48:16,480 he's 2804 01:48:16,480 --> 01:48:17,460 I'll see him at TEPCOM 2805 01:48:17,460 --> 01:48:19,460 okay cool 2806 01:48:19,460 --> 01:48:20,660 he just said 2807 01:48:20,660 --> 01:48:21,320 stay sober 2808 01:48:21,320 --> 01:48:23,420 didn't do that today 2809 01:48:23,420 --> 01:48:25,160 stay in your brain 2810 01:48:25,160 --> 01:48:27,000 and stay in school 2811 01:48:27,000 --> 01:48:27,800 he also said 2812 01:48:27,800 --> 01:48:28,240 stay in school 2813 01:48:28,240 --> 01:48:28,600 Keon 2814 01:48:28,600 --> 01:48:30,140 that's what I was saying 2815 01:48:30,140 --> 01:48:31,740 I think we all said that 2816 01:48:31,740 --> 01:48:32,520 okay 2817 01:48:32,520 --> 01:48:34,520 really 2818 01:48:34,520 --> 01:48:36,320 no he didn't say that 2819 01:48:36,320 --> 01:48:37,060 tell us the story 2820 01:48:37,060 --> 01:48:37,940 because it's probably 2821 01:48:37,940 --> 01:48:38,440 going to be awkward 2822 01:48:38,440 --> 01:48:39,520 so 2823 01:48:39,520 --> 01:48:40,900 shout out to Vake 2824 01:48:40,900 --> 01:48:41,740 I met Vake 2825 01:48:41,740 --> 01:48:42,720 at Bitcoin Vegas 2826 01:48:42,720 --> 01:48:43,700 just randomly 2827 01:48:43,700 --> 01:48:44,480 he just walked into 2828 01:48:44,480 --> 01:48:44,880 the Airbnb 2829 01:48:44,880 --> 01:48:45,860 that I was staying at 2830 01:48:45,860 --> 01:48:46,160 whoa 2831 01:48:46,160 --> 01:48:47,340 because we were having 2832 01:48:47,340 --> 01:48:47,700 a party 2833 01:48:47,700 --> 01:48:48,380 he was there 2834 01:48:48,380 --> 01:48:49,760 Topher was there 2835 01:48:49,760 --> 01:48:50,360 where are you there 2836 01:48:50,360 --> 01:48:51,360 Topher was this 2837 01:48:51,360 --> 01:48:51,820 recently 2838 01:48:51,820 --> 01:48:52,700 Bitcoin Vegas 2839 01:48:52,700 --> 01:48:56,040 I don't remember 2840 01:48:56,040 --> 01:48:57,220 it's so long ago 2841 01:48:57,220 --> 01:48:57,660 aren't they 2842 01:48:57,660 --> 01:48:58,080 it was just 2843 01:48:58,080 --> 01:48:59,440 a long day 2844 01:48:59,440 --> 01:49:00,560 Vake came in 2845 01:49:00,560 --> 01:49:02,200 Vake came in 2846 01:49:02,200 --> 01:49:03,300 And he was like, oh, you're a plot poet. 2847 01:49:03,380 --> 01:49:04,340 And I was like, oh, yeah. 2848 01:49:05,040 --> 01:49:05,580 Oh, wow. 2849 01:49:05,780 --> 01:49:06,180 That was cool. 2850 01:49:06,740 --> 01:49:07,440 You weren't creeped out? 2851 01:49:07,540 --> 01:49:09,960 He said he just watches Stacker News live, though. 2852 01:49:10,000 --> 01:49:12,360 He doesn't read Stacker News, which is kind of funny. 2853 01:49:17,640 --> 01:49:18,780 Damn, Keon. 2854 01:49:19,280 --> 01:49:21,060 That's what Carl, you told me that already. 2855 01:49:21,360 --> 01:49:22,460 No, I never said that. 2856 01:49:22,540 --> 01:49:24,580 You don't need to laugh like you're in a mariachi band. 2857 01:49:24,600 --> 01:49:26,900 Hey, I had three of these tequila shots, bro. 2858 01:49:27,860 --> 01:49:28,620 It was so funny. 2859 01:49:28,620 --> 01:49:30,140 You'd be great in a mariachi band. 2860 01:49:30,300 --> 01:49:30,660 I joined. 2861 01:49:30,720 --> 01:49:31,440 I almost joined. 2862 01:49:31,540 --> 01:49:32,100 I have a picture. 2863 01:49:32,200 --> 01:49:33,200 I have a picture up with you guys. 2864 01:49:33,200 --> 01:49:34,200 Would you guys let me in? 2865 01:49:34,200 --> 01:49:35,200 I do have a picture with me of a mariachi band. 2866 01:49:35,200 --> 01:49:36,200 What instrument would you play? 2867 01:49:36,200 --> 01:49:37,200 I was this close. 2868 01:49:37,200 --> 01:49:38,200 Probably like the tuba. 2869 01:49:38,200 --> 01:49:39,200 Dude. 2870 01:49:39,200 --> 01:49:40,200 Yeah. 2871 01:49:40,200 --> 01:49:41,200 That's kind of… 2872 01:49:41,200 --> 01:49:43,200 With the Stacker News hat? 2873 01:49:43,200 --> 01:49:44,200 Oh, absolutely. 2874 01:49:44,200 --> 01:49:45,200 Dude, crushing it. 2875 01:49:45,200 --> 01:49:46,200 We need to get tassels on it. 2876 01:49:46,200 --> 01:49:47,200 You know what? 2877 01:49:47,200 --> 01:49:48,200 Startup date, you can't. 2878 01:49:48,200 --> 01:49:50,200 I'm totally singing with the mariachis this time around. 2879 01:49:50,200 --> 01:49:51,200 Oh, you should. 2880 01:49:51,200 --> 01:49:52,200 Yeah, we are. 2881 01:49:52,200 --> 01:49:53,200 Yeah. 2882 01:49:53,200 --> 01:49:54,200 I think that's all we got. 2883 01:49:54,200 --> 01:49:55,200 Let's see here. 2884 01:49:55,200 --> 01:49:58,200 Optimists say, wait, y'all don't use KSAT, MSAT in Austin. 2885 01:49:58,200 --> 01:50:00,200 What are you using your Imperial base? 2886 01:50:00,200 --> 01:50:01,200 Oh. 2887 01:50:01,200 --> 01:50:02,760 Oh, what's that? 2888 01:50:02,820 --> 01:50:03,720 What does that mean, Keon? 2889 01:50:03,980 --> 01:50:05,420 Oh, well, because we were talking about... 2890 01:50:05,420 --> 01:50:07,880 That's a chism joke. 2891 01:50:08,000 --> 01:50:08,440 I don't get it. 2892 01:50:08,600 --> 01:50:11,600 No, because you were talking about how the imperial system is better 2893 01:50:11,600 --> 01:50:13,180 and miles are better and stuff. 2894 01:50:13,240 --> 01:50:13,580 Okay. 2895 01:50:13,820 --> 01:50:16,580 And he's like, well, we use Kilosat and Millisat 2896 01:50:16,580 --> 01:50:19,900 outside of the United States. 2897 01:50:20,020 --> 01:50:20,380 Do they? 2898 01:50:20,380 --> 01:50:23,200 Do they seriously use Kilosat? 2899 01:50:24,300 --> 01:50:25,660 It would make sense. 2900 01:50:27,120 --> 01:50:28,260 Millisats aren't real. 2901 01:50:29,040 --> 01:50:32,480 Yeah, but they're useful in context where you have consensus. 2902 01:50:33,100 --> 01:50:35,920 I mean, if you want to play with make-believe money, I guess. 2903 01:50:36,120 --> 01:50:39,460 Yeah, with like a channel partner, you have consensus on them existing 2904 01:50:39,460 --> 01:50:41,220 so they can accumulate into real money. 2905 01:50:42,900 --> 01:50:43,780 Can they though? 2906 01:50:44,100 --> 01:50:44,320 Yeah. 2907 01:50:44,900 --> 01:50:47,700 But the most they could ever accumulate into is one set. 2908 01:50:48,900 --> 01:50:51,800 Yeah, but you accumulate one set. 2909 01:50:51,800 --> 01:50:54,840 Even then, you've got to get past the dust limit. 2910 01:50:55,280 --> 01:50:58,060 There's a lot of barriers you have to get past. 2911 01:50:58,060 --> 01:51:00,520 Yeah, but if you have a channel open for so long, 2912 01:51:00,660 --> 01:51:03,040 you can imagine how many millisats you accumulate. 2913 01:51:03,700 --> 01:51:05,660 And eventually you're past the dust limit. 2914 01:51:05,980 --> 01:51:08,800 And the dust limit is decreasing over time. 2915 01:51:09,520 --> 01:51:12,260 So you're saying we can get rid of the dust limit if we go to millisats? 2916 01:51:13,300 --> 01:51:16,820 Well, on-chain fees have been dropped. 2917 01:51:16,820 --> 01:51:22,040 The limit on on-chain fees has been dropped even below a sat per V byte. 2918 01:51:22,440 --> 01:51:22,940 So who knows? 2919 01:51:23,060 --> 01:51:25,360 Maybe the dust limit will be a millisat. 2920 01:51:25,640 --> 01:51:26,960 No, it can't ever be a millisat. 2921 01:51:26,960 --> 01:51:29,120 But maybe it will be... 2922 01:51:29,120 --> 01:51:30,280 This is how they pull you back. 2923 01:51:31,420 --> 01:51:31,780 Yeah. 2924 01:51:32,140 --> 01:51:33,680 This is how they pull you back, Ted. 2925 01:51:35,940 --> 01:51:36,300 Unbelievable. 2926 01:51:36,540 --> 01:51:37,180 Wait, no, we have... 2927 01:51:37,180 --> 01:51:39,360 Yeah, we're already using subset units on, 2928 01:51:39,820 --> 01:51:41,140 at least for transactions. 2929 01:51:41,440 --> 01:51:43,360 So, because we just have miners or... 2930 01:51:43,360 --> 01:51:44,660 Yeah, but, you know, I have... 2931 01:51:44,660 --> 01:51:45,600 Wait, how does that even work? 2932 01:51:45,700 --> 01:51:46,380 I have this rule. 2933 01:51:46,400 --> 01:51:47,020 What, subset? 2934 01:51:47,340 --> 01:51:50,700 Yeah, how do we have subset per V by on on-chain fees? 2935 01:51:51,480 --> 01:51:53,820 Yeah, but I have this rule and I release stats on the table. 2936 01:51:53,820 --> 01:51:56,760 Because you have to pay at least one sat. 2937 01:51:56,760 --> 01:51:59,220 You have to at least pay one SAT per transaction. 2938 01:51:59,360 --> 01:52:00,320 You don't have to. 2939 01:52:01,080 --> 01:52:02,620 It's either zero or one. 2940 01:52:02,620 --> 01:52:03,720 That's all you can do is zero or one. 2941 01:52:04,200 --> 01:52:06,440 You have to choose between zero or one. 2942 01:52:06,480 --> 01:52:07,240 But for DOS protection. 2943 01:52:07,540 --> 01:52:07,700 Okay. 2944 01:52:07,840 --> 01:52:08,760 Anyway, we're getting... 2945 01:52:08,760 --> 01:52:09,760 You guys are getting full tizzered. 2946 01:52:10,300 --> 01:52:10,880 I'm sorry. 2947 01:52:10,980 --> 01:52:11,180 Yeah. 2948 01:52:11,300 --> 01:52:14,080 Can someone whisper to me so I can come back? 2949 01:52:15,300 --> 01:52:21,240 You need like an Inception where you got to have the memento in your hands. 2950 01:52:21,260 --> 01:52:22,600 I'm still laughing about Big's comment. 2951 01:52:22,840 --> 01:52:23,780 Like the chess piece. 2952 01:52:24,180 --> 01:52:25,020 Big really said that? 2953 01:52:25,160 --> 01:52:25,800 Spinner top. 2954 01:52:25,800 --> 01:52:27,140 He doesn't go to Stegger News. 2955 01:52:28,140 --> 01:52:28,920 It's terrible. 2956 01:52:28,920 --> 01:52:29,700 He told you that. 2957 01:52:29,736 --> 01:52:31,676 And you told me that already. 2958 01:52:31,856 --> 01:52:32,336 So terrible. 2959 01:52:32,476 --> 01:52:33,916 Hey, come to Stacker News, bro. 2960 01:52:35,476 --> 01:52:36,636 Stacker.news. 2961 01:52:36,976 --> 01:52:38,056 Don't feel obligated. 2962 01:52:38,156 --> 01:52:40,636 I enjoy having someone that just watched the podcast. 2963 01:52:40,816 --> 01:52:41,296 I'm telling him. 2964 01:52:41,296 --> 01:52:42,516 Maybe he's just a visual learner. 2965 01:52:44,896 --> 01:52:45,656 Wait, what? 2966 01:52:46,616 --> 01:52:47,516 The zines? 2967 01:52:48,916 --> 01:52:49,356 Fake. 2968 01:52:49,476 --> 01:52:50,676 You're on a computer all day. 2969 01:52:51,816 --> 01:52:52,896 Just go to Stacker. 2970 01:52:53,176 --> 01:52:54,376 Because I know we talked. 2971 01:52:54,616 --> 01:52:56,096 Oh, they're doxing now. 2972 01:52:57,676 --> 01:52:58,156 Anyways. 2973 01:52:58,416 --> 01:52:58,976 I'll see my tab. 2974 01:52:58,976 --> 01:53:00,676 I'll convince them to make an account. 2975 01:53:02,296 --> 01:53:02,696 Anyways. 2976 01:53:03,936 --> 01:53:04,856 Yeah, go for it. 2977 01:53:05,256 --> 01:53:07,436 I have an idea for your DVD menu. 2978 01:53:07,736 --> 01:53:08,656 Yeah, what was it? 2979 01:53:08,776 --> 01:53:11,516 Just superimpose you and Kion 2980 01:53:11,516 --> 01:53:12,856 into a mariachi band 2981 01:53:12,856 --> 01:53:13,996 and just do a little song. 2982 01:53:17,496 --> 01:53:18,316 That's great. 2983 01:53:19,256 --> 01:53:19,696 Yeah. 2984 01:53:20,216 --> 01:53:21,936 Yeah, we can do a little dance and a song. 2985 01:53:21,936 --> 01:53:24,696 Yeah, and like a terrible looping animation. 2986 01:53:24,696 --> 01:53:28,616 I want to do the 2987 01:53:28,616 --> 01:53:30,996 Easter egg menus where they have 2988 01:53:30,996 --> 01:53:31,996 Easter eggs in them 2989 01:53:31,996 --> 01:53:33,376 I want to do that too 2990 01:53:33,376 --> 01:53:35,876 Okay 2991 01:53:35,876 --> 01:53:38,736 Alright we got to end the show 2992 01:53:38,736 --> 01:53:39,576 Because yeah 2993 01:53:39,576 --> 01:53:41,456 Time's run out 2994 01:53:41,456 --> 01:53:41,796 Zap