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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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Thank you.

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live from plan lab in austin texas this is stacker news live

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00:17:14,280 --> 00:17:21,420
hello ladies and welcome back to another exciting episode of stacker news live my

37
00:17:21,420 --> 00:17:29,500
name is carl with the movie of a key on how's it going it's going okay um yeah it's been a

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Busy day.

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I feel it.

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00:17:32,020 --> 00:17:35,020
You usually spend all your Friday energy in the morning.

41
00:17:35,520 --> 00:17:35,760
Yeah.

42
00:17:36,000 --> 00:17:37,020
Let me move this over.

43
00:17:37,140 --> 00:17:37,500
Oh, no.

44
00:17:37,600 --> 00:17:38,040
Wrong way.

45
00:17:38,680 --> 00:17:39,080
There we go.

46
00:17:40,580 --> 00:17:41,020
Yeah.

47
00:17:41,340 --> 00:17:42,060
It's been a busy day.

48
00:17:42,980 --> 00:17:44,780
What's been going on with you this week?

49
00:17:44,920 --> 00:17:45,800
I shaved my beard.

50
00:17:46,440 --> 00:17:47,120
Oh, yeah.

51
00:17:47,200 --> 00:17:48,260
I totally forgot about that.

52
00:17:48,260 --> 00:17:51,920
Yeah, I donated it to Asian Men in Need.

53
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Yeah.

54
00:17:53,260 --> 00:17:55,520
How do you feel?

55
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I feel

56
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I feel like a pussy

57
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is what I feel like

58
00:18:01,640 --> 00:18:04,920
why does that make you feel like that?

59
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I don't know because I like my beard

60
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it's like gross

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and I just feel like

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it's kind of like wearing this gross thing

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on my face

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and it's kind of nice

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it's kind of nice to have

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it's like a statement piece

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it's like I'm gross

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it makes you look younger

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you look way younger

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yeah the beard will

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it's a mask

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is really what a beard is

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that's kind of why I like a beard

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I mean not at your guys' level

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you guys have like a normal one

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but when I have my beard

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all that people see really is a beard

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yeah

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I need to get a haircut and beard trim

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how about you?

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you're going to get a haircut?

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I need to do it this week

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at some point this weekend

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Do you go to, like, a certain guy?

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Are you, like, friends with him?

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I usually go to the, what's the one down south?

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It's called, it's the one that Nick goes to, too.

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Yeah, what's the one, what's the name of it?

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Floyd's?

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Is it Floyd's, I think?

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Yeah, I like going to Floyd's.

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It's just really expensive.

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Oh, do they, like, give you, like, a hand massage while you're getting hair?

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No, they just do, like, a full, it's just a good cut.

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I don't know how to explain it.

96
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It's just a good cut.

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One time I went to Ashley's barber, or not barber, she has like a stylist,

98
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and they gave me like these wax gloves.

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And it was like, I don't know, it was nice.

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It was very, is that what that's like when you go to your place?

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No, like the ones that they have like in, like the ones that are like the Mexican ones,

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dude, those are nice.

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Because they'll use like a real razor blade, and they'll just like do the,

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Like, it feels really, really good.

105
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But the ones that they have, like, at Floyd's and some of these Americanized places,

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they're good enough.

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It's, like, it's good enough.

108
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It's just not all the way there.

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Do you know what I mean?

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Yeah.

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They're not, like, Tia's haircut.

112
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Yeah, like, when we went to Mexico or the Yucatan, like, I got, like, a haircut.

113
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I think Topher got one, too.

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Like, we got haircuts, and it felt really good afterwards.

115
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Just because they just do it up right.

116
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Yeah.

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I mean, mowing all those lawns, dude.

118
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Imagine that.

119
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It probably translates to a small scale.

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

121
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We cover the top three stories on Stacker.news every week here at Friday at 4 p.m.

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We started a little late today because it was running into some time.

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But check out the YouTube channel.

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People keep subscribing.

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Oh, we reached 700 videos.

126
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Look at that.

127
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Oh, dang.

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That a solid number 700 Dang have we done Oh yeah I guess Wombo done all the clips and stuff so that makes sense It a big day It a big day Big day and stacking his life history

129
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There's a lot of clips this week. I think the most watched one from last week was the block one.

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Everybody wanted to hear our take on it, which is kind of surprising.

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I think they probably unintentionally heard our take on it.

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I mean, because the other videos, they didn't really see anything, but I think everybody wanted to hear.

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I think everybody likes to hear everybody's take on stuff that's going on in the big clinic.

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Yeah, we're like just normal, you know, losers.

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Who doesn't want to hear what losers are?

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Well, you're a winner.

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I'm a loser.

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I'd like to be a winner anyway.

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I'm just messing around.

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Cool.

141
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It's hard to be a winner without a beard.

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It's working.

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I was trying to see if it's a thing.

144
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Cool.

145
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Let's jump into the five, three top stories of the week.

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The first number three top story this week is, let me go back here, is BTC++ Floripa,

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00:21:50,838 --> 00:21:52,498
2026 hackathon megathor.

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This is from Alex Luland in the Bitcoin++ territory, February 28th, 15 comments, $6,462.

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Key on.

150
00:22:00,798 --> 00:22:01,338
What's this?

151
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Yeah.

152
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So this, what was it?

153
00:22:04,978 --> 00:22:10,038
The exploit version of Bitcoin++ was held in Floripa.

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I think last year it was like a hack and hang, more like casual kind of like a meetup where Bitcoiners hung out on a resort.

155
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I think they probably gave talks and just kind of networked last year.

156
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But it looks like this year they wanted to have more of a theme.

157
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And the theme this year was exploits.

158
00:22:29,838 --> 00:22:31,798
so

159
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Alex Lewin

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hackathon lord

161
00:22:34,998 --> 00:22:36,458
in Bitcoin

162
00:22:36,458 --> 00:22:39,178
probably one of the most winningest

163
00:22:39,178 --> 00:22:41,298
Bitcoin hackathon participants

164
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he runs

165
00:22:43,058 --> 00:22:45,618
Bitcoin++

166
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has he beaten you before Topher?

167
00:22:47,898 --> 00:22:48,578
in a hackathon?

168
00:22:49,098 --> 00:22:49,418
Alex?

169
00:22:50,378 --> 00:22:51,418
he's beaten everyone

170
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in a hackathon at one point

171
00:22:53,218 --> 00:22:55,018
but you probably beat him at one point too

172
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I would imagine

173
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yeah

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Do you want me to?

175
00:23:01,238 --> 00:23:03,238
Okay, I didn't know if everybody heard him.

176
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Yeah, so they hosted a thread here,

177
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and some of the people who entered in the hackathon posted into this thread,

178
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and I think their plan was to have a community-awarded hackathon prize

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scoped to who got zapped the most in this thread.

180
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but we can if you go to loot.fund which is oh wait which one if you click on one of those

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loot.fund links like to see where the submission link is there where it's you go down there's a

182
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link it's under submission it says submission oh this one right here yeah if you click that

183
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Just X out of that and go to their homepage.

184
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Here?

185
00:23:51,018 --> 00:23:53,898
Yeah, just go, yeah.

186
00:23:53,898 --> 00:23:58,118
And then if you go, if you scroll down, I think it has their hackathon.

187
00:23:58,118 --> 00:24:01,118
They're on the list somewhere.

188
00:24:01,118 --> 00:24:06,078
It's like a, appears to be a vibed project by Lewin, but it's cool.

189
00:24:06,078 --> 00:24:09,918
He's like created a home for Bitcoin hackathons.

190
00:24:09,918 --> 00:24:14,998
I don't know where, where I found it before.

191
00:24:14,998 --> 00:24:16,498
Maybe I'll browse it.

192
00:24:17,218 --> 00:24:18,358
Loot.fund.

193
00:24:18,538 --> 00:24:19,598
It should be on there somewhere.

194
00:24:20,058 --> 00:24:20,698
I think it's this one.

195
00:24:20,738 --> 00:24:21,778
I think you have to sign in, though.

196
00:24:22,598 --> 00:24:24,378
No, I was able to get on it without it.

197
00:24:24,738 --> 00:24:24,978
Okay.

198
00:24:26,998 --> 00:24:27,998
Explore hackathons.

199
00:24:28,118 --> 00:24:29,398
There's, like, a button on the page.

200
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It kind of blends in.

201
00:24:31,498 --> 00:24:32,558
Okay, let me see here.

202
00:24:36,518 --> 00:24:39,898
Anyway, it has a list of all the entries,

203
00:24:40,378 --> 00:24:43,558
and the winner for this year's...

204
00:24:43,558 --> 00:24:44,318
Oh, this one here.

205
00:24:44,318 --> 00:24:50,818
exploit Florepa hackathon was Minesploit.

206
00:24:52,198 --> 00:24:53,258
Oh, this one right here.

207
00:24:53,378 --> 00:24:54,238
Yeah, I see it.

208
00:24:54,378 --> 00:24:54,778
There you go.

209
00:24:54,918 --> 00:24:55,098
Yeah.

210
00:24:55,558 --> 00:24:57,238
So that was the number one winner, Minesploit.

211
00:24:57,238 --> 00:25:05,998
It's like a REPL in a library that allows you to execute known vulnerabilities against

212
00:25:05,998 --> 00:25:08,698
Stratum servers and Bitcoin nodes.

213
00:25:11,318 --> 00:25:11,918
Yeah.

214
00:25:11,918 --> 00:25:17,138
Yeah, that's what it does, and it's pretty cool.

215
00:25:17,138 --> 00:25:21,018
And then the second place winner was Local Probe.

216
00:25:21,018 --> 00:25:27,758
I guess Firefox allows websites, when you're browsing a website, it allows them to probe

217
00:25:27,758 --> 00:25:31,998
the loopback interface for any open ports.

218
00:25:31,998 --> 00:25:39,778
And so if you were running a website, for any of your users using Firefox, you can more

219
00:25:39,778 --> 00:25:43,618
less to term assuming you're using default ports running your Bitcoin core

220
00:25:43,618 --> 00:25:48,838
node tomorrow or a lightning node you can determine that that user is a

221
00:25:48,838 --> 00:25:55,258
Bitcoin user which is pretty bad so like if you're running a Bitcoin node on your

222
00:25:55,258 --> 00:26:01,558
local machine and you visit websites and Firefox those websites have the ability

223
00:26:01,558 --> 00:26:05,278
to determine that you're running a Bitcoin node on that machine it's kind

224
00:26:05,278 --> 00:26:09,238
of and this is like proof of concept apparently other browsers don't have this

225
00:26:09,238 --> 00:26:15,558
vulnerability. It's just a Firefox thing for some reason. That was the second winner. And then the

226
00:26:16,438 --> 00:26:25,238
third winner was C12D, which is a Bitcoin Core visualization tool. You hook it up to your

227
00:26:26,038 --> 00:26:32,038
Bitcoin Core, like you would do with mempool space, mempool.space. But in this case,

228
00:26:32,038 --> 00:26:40,138
it's a little it's like more visual less transaction focused more about charts and

229
00:26:40,138 --> 00:26:44,758
it also has a built-in chat bot to it I don't know if it's using a local model

230
00:26:44,758 --> 00:26:48,318
or reaches out to a provider you probably specify the provider I guess but

231
00:26:48,318 --> 00:26:54,958
you can ask about the charts you can ask about your Bitcoin nodes logs things

232
00:26:54,958 --> 00:27:00,278
like that which is pretty neat and then there were a bunch of other entries that

233
00:27:00,278 --> 00:27:03,758
didn't win or get placed in the top three,

234
00:27:03,918 --> 00:27:06,818
but check out loot.sunds.

235
00:27:06,818 --> 00:27:08,818
I think it says winner on this one, too.

236
00:27:09,318 --> 00:27:10,258
Or no, hang on a second.

237
00:27:11,978 --> 00:27:13,898
That was not...

238
00:27:13,898 --> 00:27:14,858
Yeah, there's a few winners.

239
00:27:15,058 --> 00:27:18,258
I guess they had sponsors who gave specific awards out.

240
00:27:18,478 --> 00:27:18,938
Oh, okay.

241
00:27:19,058 --> 00:27:19,518
What's this one?

242
00:27:20,458 --> 00:27:21,558
Alpine Labs.

243
00:27:21,558 --> 00:27:29,078
uses a model specifically designed for

244
00:27:29,078 --> 00:27:35,758
vulnerability or I guess finding vulnerabilities, scanning for them.

245
00:27:37,438 --> 00:27:38,638
Cool stuff.

246
00:27:40,398 --> 00:27:40,998
Cool.

247
00:27:41,958 --> 00:27:45,318
So I guess I'm confused.

248
00:27:45,558 --> 00:27:49,358
So are these the same ones that we're seeing in the loot thing?

249
00:27:50,718 --> 00:27:51,258
I think so.

250
00:27:51,258 --> 00:27:55,378
I think they asked participants to post here as well

251
00:27:55,378 --> 00:28:01,298
so that people could zap them to potentially win a community-funded event.

252
00:28:02,058 --> 00:28:02,638
Okay, gotcha.

253
00:28:02,958 --> 00:28:03,918
Well, cool stuff.

254
00:28:04,458 --> 00:28:05,538
Community choice award thing.

255
00:28:06,938 --> 00:28:07,838
Yeah, cool stuff.

256
00:28:08,158 --> 00:28:09,058
Check it out.

257
00:28:09,378 --> 00:28:14,318
It's on Loot, and it's in Snacker News Thread here on the Bitcoin++ territory.

258
00:28:15,258 --> 00:28:17,458
Let's jump into the next top story this week.

259
00:28:17,458 --> 00:28:21,238
It's going to be what's driving Bitcoin businesses and merchants adoption in 2026.

260
00:28:21,258 --> 00:28:23,838
This is from Sopratic for the Agoria Territory.

261
00:28:23,898 --> 00:28:25,998
20 comments, 13,400 stats.

262
00:28:26,158 --> 00:28:26,938
Keon, what's this?

263
00:28:27,518 --> 00:28:30,178
Yeah, so River released their reports,

264
00:28:30,718 --> 00:28:33,498
these reports that get shared around a lot in Bitcoin.

265
00:28:34,598 --> 00:28:38,618
And Sopratic parted them out, I think, across three posts,

266
00:28:38,678 --> 00:28:40,858
but this was the one that got zapped the most.

267
00:28:40,938 --> 00:28:44,098
This one's about Bitcoin business as a merchant adoption.

268
00:28:45,358 --> 00:28:49,078
So River got some stats on this stuff.

269
00:28:49,078 --> 00:28:51,298
I think a lot of it from btcmap.org.

270
00:28:51,978 --> 00:28:55,318
But in the first graph chart that you showed,

271
00:28:56,538 --> 00:28:59,818
merchant adoption, according to btcmap.org,

272
00:28:59,898 --> 00:29:02,118
grew by 74% in 2005.

273
00:29:03,338 --> 00:29:04,558
Or not 2000, 2025.

274
00:29:05,558 --> 00:29:08,038
You can see where Square introduced,

275
00:29:08,458 --> 00:29:11,538
or Block introduced their Bitcoin stuff on it

276
00:29:11,538 --> 00:29:13,278
at the end there of 2025.

277
00:29:15,318 --> 00:29:18,438
North America leads in merchant adoption.

278
00:29:19,078 --> 00:29:28,258
in 2025. And I think it grew by 192% year over year, adding over 4000 new locations that accept

279
00:29:28,258 --> 00:29:33,758
Bitcoin. And then Africa was, it's not the graph that we're showing here, but Africa was right

280
00:29:33,758 --> 00:29:45,798
behind them at 116%, adding over 1000 new merchants. And then Asia, South America,

281
00:29:45,798 --> 00:29:49,678
Asia, Oceania.

282
00:29:50,558 --> 00:29:51,298
What is Oceania?

283
00:29:53,258 --> 00:29:53,618
Do you know?

284
00:29:53,998 --> 00:29:56,518
Are you a guy that knows the things?

285
00:29:57,018 --> 00:29:59,438
I don't know what Oceania is, unfortunately.

286
00:29:59,438 --> 00:30:01,198
Maybe it's some part of Europe.

287
00:30:03,798 --> 00:30:04,638
And then, yeah.

288
00:30:04,898 --> 00:30:08,858
Anyway, yeah, so we're winning, sort of, maybe,

289
00:30:09,098 --> 00:30:10,538
according to bcmaps.org.

290
00:30:12,878 --> 00:30:14,858
I think Jason B would disagree.

291
00:30:15,798 --> 00:30:20,458
And then, yeah, I would guess a lot of it is in South Africa.

292
00:30:20,738 --> 00:30:23,778
So it's probably banging there.

293
00:30:24,598 --> 00:30:26,178
What else do we got in this one?

294
00:30:26,418 --> 00:30:30,298
Oh, businesses holding Bitcoin is another interesting set, I guess.

295
00:30:30,398 --> 00:30:34,818
River itself, they grew business accounts by 116% in 2025.

296
00:30:36,618 --> 00:30:42,558
Biggest industry type was real estate, followed by mining and then consulting and software.

297
00:30:42,558 --> 00:30:45,258
with legal lawyers for some reason.

298
00:30:45,398 --> 00:30:46,438
They do not hold Bitcoin.

299
00:30:47,318 --> 00:30:48,518
Maybe they know something we don't.

300
00:30:51,018 --> 00:30:53,798
Yeah, the full report is here

301
00:30:53,798 --> 00:30:56,098
if you want to check it out, Stackers.

302
00:30:56,858 --> 00:30:57,478
Pretty cool.

303
00:30:57,758 --> 00:30:59,538
I pulled out some other stats from there.

304
00:31:00,418 --> 00:31:01,198
Pretty thorough.

305
00:31:01,398 --> 00:31:04,058
I had a chance to read through it about two weeks ago

306
00:31:04,058 --> 00:31:05,238
or whenever it was first released.

307
00:31:06,018 --> 00:31:07,418
I forget how long ago it was at this point.

308
00:31:07,418 --> 00:31:08,858
It was earlier this week, I think.

309
00:31:08,858 --> 00:31:13,078
And then I saw Lee Shemin on CNBC.

310
00:31:13,278 --> 00:31:14,278
I was watching that too.

311
00:31:14,698 --> 00:31:17,678
Did a really good job to kind of show.

312
00:31:17,978 --> 00:31:20,438
It's just, I think it's so refreshing seeing somebody new

313
00:31:20,438 --> 00:31:22,298
talking about Bitcoin in an intelligent way.

314
00:31:22,858 --> 00:31:25,858
So it was cool seeing him on CNBC talking about Bitcoin.

315
00:31:26,758 --> 00:31:29,018
But definitely if you haven't gone through this

316
00:31:29,018 --> 00:31:32,398
and you're a builder or an operator in the space,

317
00:31:32,478 --> 00:31:33,098
definitely check it out.

318
00:31:33,278 --> 00:31:35,338
It's really thorough and it's just like,

319
00:31:36,558 --> 00:31:38,538
makes you have hope.

320
00:31:38,858 --> 00:31:44,598
Yeah, I mean, there's a bunch of other stuff in the report that wasn't in the specific post.

321
00:31:45,038 --> 00:31:45,818
Oh, that's your trick.

322
00:31:48,958 --> 00:31:49,978
Nodes up a lot.

323
00:31:50,138 --> 00:31:51,098
Hash rate up a lot.

324
00:31:51,998 --> 00:31:57,698
U.S. is now 40% of hash rate, followed by Russia at 72%, China at 12%.

325
00:31:57,698 --> 00:31:58,998
And then Paraguay.

326
00:31:59,878 --> 00:32:00,358
Paraguay?

327
00:32:00,478 --> 00:32:03,298
I don't know how you say it, but they have 4% of hash rate,

328
00:32:03,498 --> 00:32:06,238
which I don't hear enough about coming out of Paraguay.

329
00:32:06,238 --> 00:32:10,098
but they're kind of a big leader.

330
00:32:10,258 --> 00:32:15,378
I guess only 34 countries have more than a tenth of a percent of hash rate

331
00:32:15,378 --> 00:32:19,038
and then only 12 countries have more than 1%

332
00:32:19,038 --> 00:32:24,898
and it looks like mining pool distribution has flattened out a bit

333
00:32:24,898 --> 00:32:32,658
and before we had more than 50% of miners were mining on the top three pools

334
00:32:32,658 --> 00:32:38,498
and now it's a little over 50% rather than like 80%.

335
00:32:38,498 --> 00:32:43,518
Other stuff like, yeah, above it was, I guess,

336
00:32:43,658 --> 00:32:46,118
I think we're doing 25% the volume of Visa,

337
00:32:47,758 --> 00:32:53,578
but we're still at, Fedwire still does 300 times the volume that Bitcoin does,

338
00:32:53,578 --> 00:32:57,698
but we're catching up with Visa, which is kind of neat.

339
00:32:58,298 --> 00:33:00,638
Yeah, this whole tech is bullish, dude.

340
00:33:00,638 --> 00:33:04,158
Although Visa is dying, if you believe Nick Carter.

341
00:33:05,278 --> 00:33:06,778
This is really good stuff.

342
00:33:08,058 --> 00:33:11,338
I mean, it's just kind of what we need to see at the beginning of the year.

343
00:33:12,318 --> 00:33:18,078
Yeah, businesses are almost matching ETFs and funds, which is kind of cool.

344
00:33:24,298 --> 00:33:24,778
Yeah.

345
00:33:24,778 --> 00:33:31,358
Oh, yeah, then they have the notable institutions allocated to Bitcoin and Bitcoin ETFs.

346
00:33:31,418 --> 00:33:32,678
Where's blood blob on that chart?

347
00:33:33,318 --> 00:33:34,098
We're not an institution.

348
00:33:35,238 --> 00:33:36,198
Let me see here.

349
00:33:36,378 --> 00:33:37,358
You're an institution to me.

350
00:33:38,998 --> 00:33:39,598
Thank you.

351
00:33:40,798 --> 00:33:42,298
Yeah, that's pretty cool, man.

352
00:33:43,018 --> 00:33:44,198
It's really good stuff.

353
00:33:45,978 --> 00:33:47,318
Anything else to account for you here?

354
00:33:48,898 --> 00:33:49,338
Nope.

355
00:33:51,078 --> 00:33:51,358
Nope.

356
00:33:52,098 --> 00:33:54,278
Oh, yeah, so this is where they were getting the data from.

357
00:33:54,778 --> 00:33:58,058
from a lot of companies in the space.

358
00:33:58,618 --> 00:33:58,918
Oh, yeah.

359
00:33:59,058 --> 00:34:00,698
Lighting stuff is hard to gather,

360
00:34:00,858 --> 00:34:04,758
and so they have to ask very large network participants for data.

361
00:34:04,998 --> 00:34:05,598
It's good stuff.

362
00:34:06,698 --> 00:34:08,358
It just informs a lot of people.

363
00:34:11,358 --> 00:34:13,818
Yeah, I shared it with Brandon,

364
00:34:13,958 --> 00:34:18,118
who does not, you know, too much in our kind of thing,

365
00:34:18,278 --> 00:34:20,558
but even he found it kind of alarming, too.

366
00:34:21,838 --> 00:34:22,558
Found what alarming?

367
00:34:23,038 --> 00:34:25,858
Just like how bullish this is.

368
00:34:27,018 --> 00:34:28,058
Alarming in a good way.

369
00:34:28,138 --> 00:34:28,838
In a good way, yeah.

370
00:34:30,518 --> 00:34:31,418
Cool stuff.

371
00:34:31,518 --> 00:34:35,658
Let's jump into the number one top story this week.

372
00:34:35,798 --> 00:34:36,518
Let's see.

373
00:34:36,658 --> 00:34:39,558
The number one this week is personal sats inflation.

374
00:34:39,978 --> 00:34:41,618
Part four, February 2026.

375
00:34:42,058 --> 00:34:43,618
This is a Bitcoin beginner's territory.

376
00:34:44,178 --> 00:34:46,038
March 2nd from Unboiled.

377
00:34:46,178 --> 00:34:47,738
10 comments, 13,000 sats.

378
00:34:48,578 --> 00:34:49,338
What's this?

379
00:34:49,338 --> 00:34:57,378
Yeah, so Unboiled has been doing these personal stats inflation posts, I think, beginning in 2025.

380
00:34:58,278 --> 00:34:59,598
And this is the fourth version.

381
00:34:59,618 --> 00:34:59,938
Hi, Oliver.

382
00:35:00,418 --> 00:35:00,738
Hi.

383
00:35:02,718 --> 00:35:09,298
So I guess he started doing this installment because he's been spending and replacing for a long time with his wife.

384
00:35:09,438 --> 00:35:13,118
I mean, spending your Bitcoin and then buying new Bitcoin to replace it.

385
00:35:13,118 --> 00:35:20,938
So he's helping out merchants without depleting his stack, basically, or helping get Bitcoin out there in the hands of people without depleting his stack.

386
00:35:23,198 --> 00:35:32,178
Yeah, but he was realizing that he was, at least when Bitcoin's price was rising, that he was getting more goods for less Bitcoin.

387
00:35:32,458 --> 00:35:35,038
And so he wanted to start tracking how that changes over time.

388
00:35:35,038 --> 00:35:45,698
And so as he spends, or they spend their Bitcoin, they track how much Bitcoin it costs for, say, electricity or fuel or milk or phone data.

389
00:35:45,798 --> 00:35:52,598
And so he has a few of these like CPI or whatever the equivalent of Bitcoin would be for his own purchases.

390
00:35:53,638 --> 00:36:03,278
And unfortunately, for most of the time he's been doing these posts, Bitcoin's price has been going down relative to, I guess, other assets.

391
00:36:03,278 --> 00:36:09,418
And so it looks like Bitcoin is experiencing or things priced in Bitcoin are experiencing inflation.

392
00:36:09,858 --> 00:36:23,018
So as this fourth one here, it shows that he spent 12% more in sats for electricity in January and 28% more in February.

393
00:36:23,798 --> 00:36:30,938
And 4% more for fuel in January and 27% more in February.

394
00:36:30,938 --> 00:36:33,638
they say they're

395
00:36:33,638 --> 00:36:34,578
I guess they spend

396
00:36:34,578 --> 00:36:35,678
the spring

397
00:36:35,678 --> 00:36:37,398
South Africa spring and summer

398
00:36:37,398 --> 00:36:38,358
they spend

399
00:36:38,358 --> 00:36:40,418
their time in the year there

400
00:36:40,418 --> 00:36:42,178
and then

401
00:36:42,178 --> 00:36:44,158
when I guess winter hits South Africa

402
00:36:44,158 --> 00:36:45,438
they migrate

403
00:36:45,438 --> 00:36:46,838
somewhere else

404
00:36:46,838 --> 00:36:48,278
where they can't spend as much Bitcoin

405
00:36:48,278 --> 00:36:48,678
but

406
00:36:48,678 --> 00:36:50,718
they're going to try to do

407
00:36:50,718 --> 00:36:51,858
I think he's still going to track

408
00:36:51,858 --> 00:36:54,278
and then try to do a conversion

409
00:36:54,278 --> 00:36:55,898
into sats

410
00:36:55,898 --> 00:37:00,918
what else did he say in there

411
00:37:00,918 --> 00:37:03,678
Yeah, he ended with the end right here.

412
00:37:03,678 --> 00:37:11,298
He said, we might also see Sats deflation next time around.

413
00:37:11,298 --> 00:37:13,678
Only time will tell, and I'll be here to tell the tale.

414
00:37:13,678 --> 00:37:17,318
So it looks like he has other links to this as well, too.

415
00:37:17,318 --> 00:37:18,818
He hasn't been posting them.

416
00:37:18,818 --> 00:37:22,818
He's been posting them as Bitcoin's been dipping.

417
00:37:22,818 --> 00:37:23,818
And there's a part two.

418
00:37:23,818 --> 00:37:25,418
And that's the part one.

419
00:37:25,418 --> 00:37:27,818
Pretty interesting.

420
00:37:27,818 --> 00:37:28,058
Interesting.

421
00:37:30,218 --> 00:37:30,658
Cool.

422
00:37:31,458 --> 00:37:32,258
What did the stacker say?

423
00:37:32,358 --> 00:37:34,998
The top stacker said, Scoresby said,

424
00:37:35,078 --> 00:37:37,498
do you notice the inflation trend influencing your spending habits?

425
00:37:37,678 --> 00:37:38,538
Thanks for these updates.

426
00:37:39,098 --> 00:37:40,598
He said, no, it doesn't for two reasons.

427
00:37:40,738 --> 00:37:44,258
First and foremost, we live a frugal, sort of minimalist lifestyle anyway.

428
00:37:44,998 --> 00:37:46,998
We're nomadic, six to nine months per year.

429
00:37:47,818 --> 00:37:50,718
It sounds like he has a pretty good thing going.

430
00:37:52,458 --> 00:37:53,138
Cool stuff.

431
00:37:55,538 --> 00:37:57,018
Anything else on this one?

432
00:37:57,818 --> 00:38:02,958
you want to share what anything else you want to share on this one oh no i'm okay

433
00:38:02,958 --> 00:38:06,838
okay that's all the top stories this week let's jump into

434
00:38:06,838 --> 00:38:14,198
wumble's picks wumble's picks wumble's pip pip pip pip pip pip pip pip pip pip pip

435
00:38:14,198 --> 00:38:24,778
try to do something different every time um mc car this one is a really spicy one from wumble

436
00:38:24,778 --> 00:38:26,018
So I'm glad.

437
00:38:26,138 --> 00:38:27,278
I would have not chose this.

438
00:38:27,478 --> 00:38:28,498
I would have stayed away from it.

439
00:38:29,218 --> 00:38:29,978
Stayed far away.

440
00:38:31,738 --> 00:38:33,758
But I don't know if you're ready for it, Keon,

441
00:38:33,838 --> 00:38:38,058
but Trump orders federal agencies to immediately seize using Anthropic.

442
00:38:39,518 --> 00:38:41,838
He says, this is from CJE.

443
00:38:41,898 --> 00:38:42,858
He says, this is a big one.

444
00:38:43,438 --> 00:38:45,838
Anthropic was getting a lot of money from the federal government for Claude,

445
00:38:45,858 --> 00:38:46,518
and now it's over.

446
00:38:47,038 --> 00:38:49,338
Anthropic is going to have an interesting time raising money

447
00:38:49,338 --> 00:38:52,838
since they chose to cut themselves off from the massive revenue streams.

448
00:38:52,838 --> 00:38:58,198
uh kian did you see all this taking place this this week i think it was this week or last week

449
00:38:58,198 --> 00:39:04,158
and i forget i try to stay out of anything that involves politics usually uh but i saw the

450
00:39:04,158 --> 00:39:09,198
headlines for this and i read it was wumbo's picks and i can't i can't fight with wumbo's

451
00:39:09,198 --> 00:39:16,658
picks so i went and did a little bit of research behind this and uh it has a lot i mean do you see

452
00:39:16,658 --> 00:39:19,818
all the comments from the snackers i mean it's obviously something the snackers were

453
00:39:19,818 --> 00:39:25,598
yeah discussing this week this was around the climax i guess of what was going on i i think what

454
00:39:25,598 --> 00:39:32,598
happened was that the government had been using anthropics tools for yeah uh you know the purpose

455
00:39:32,598 --> 00:39:37,558
the purposes that it wants to use anthropics tools and i think it at but at some point they

456
00:39:37,558 --> 00:39:43,578
wanted to be free of anthropics terms of service and in anthropics terms of service they state that

457
00:39:43,578 --> 00:39:49,078
you're not allowed to use their tool for surveilling, I think,

458
00:39:49,438 --> 00:39:55,318
surveilling general populace and killing innocent civilians.

459
00:39:56,118 --> 00:39:59,778
And I guess the government or the Trump administration said that

460
00:39:59,778 --> 00:40:03,518
we just want terms that allow us to use it for all lawful purposes.

461
00:40:03,518 --> 00:40:07,278
We don't want a private company dictating terms to us

462
00:40:07,278 --> 00:40:09,018
about what the government is allowed to do.

463
00:40:10,658 --> 00:40:12,398
And Anthropic didn't concede.

464
00:40:12,398 --> 00:40:14,398
and so there was this back and forth

465
00:40:14,398 --> 00:40:15,918
over the course of

466
00:40:15,918 --> 00:40:17,998
I guess a few weeks maybe

467
00:40:17,998 --> 00:40:20,098
a few weeks it felt like it happened

468
00:40:20,098 --> 00:40:21,398
almost immediately right?

469
00:40:21,858 --> 00:40:24,138
I would guess it was happening behind the scenes before it started

470
00:40:24,138 --> 00:40:25,398
leaking out

471
00:40:25,398 --> 00:40:27,938
and eventually

472
00:40:27,938 --> 00:40:30,518
eventually the negotiations

473
00:40:30,518 --> 00:40:32,478
ended and Trump

474
00:40:32,478 --> 00:40:34,438
declared Anthropik

475
00:40:34,438 --> 00:40:36,798
a supply chain threat

476
00:40:36,798 --> 00:40:40,458
which probably prevents

477
00:40:40,458 --> 00:40:41,898
Anthropik

478
00:40:41,898 --> 00:40:43,878
So they terminated their contract with Anthropic.

479
00:40:44,138 --> 00:40:47,618
They gave Anthropic $200 million like they gave, I think,

480
00:40:47,638 --> 00:40:51,618
a few other AI companies last year to partner with them on AI stuff.

481
00:40:51,618 --> 00:40:55,058
So they terminated that contract in addition to labeling them

482
00:40:55,058 --> 00:40:59,358
a national security supply chain risk,

483
00:40:59,678 --> 00:41:03,838
which I think probably prevents their use in any government entity

484
00:41:03,838 --> 00:41:05,238
or related government entity.

485
00:41:06,238 --> 00:41:09,478
And that was the consequences of them not conceding.

486
00:41:09,478 --> 00:41:14,198
And then shortly after that, OpenAI announced that they had partnered.

487
00:41:15,738 --> 00:41:16,478
Yeah, it's right here.

488
00:41:16,578 --> 00:41:17,938
This is what, oh, that's not it.

489
00:41:18,058 --> 00:41:18,978
This is the one right here.

490
00:41:19,738 --> 00:41:20,578
Let's see if I can find it.

491
00:41:20,598 --> 00:41:20,998
Here it goes.

492
00:41:21,198 --> 00:41:24,098
Sam Altman went on Twitter and said,

493
00:41:24,158 --> 00:41:26,938
tonight we reached an agreement with the Department of War to deploy our models

494
00:41:26,938 --> 00:41:28,178
and their classified network.

495
00:41:30,038 --> 00:41:30,398
Yeah.

496
00:41:30,698 --> 00:41:32,338
And he goes on saying some other things.

497
00:41:33,018 --> 00:41:45,756
Let get to what Wumble said He had a question around this because to make sure we get this question right he said will being on the government naughty list significantly affect anthropics future growth

498
00:41:45,756 --> 00:41:54,056
kian i go to you first it's it's kind of hard it's kind of hard to tell uh they might be okay

499
00:41:54,056 --> 00:41:58,196
you can you can like probably game at a scenario where this doesn't really matter much for them

500
00:41:58,196 --> 00:42:04,556
um but i would guess i don't know when i started to like think about it more i concluded that it's

501
00:42:04,556 --> 00:42:14,296
probably actually quite harmful to their business. On one point, AI regulations. So we expect those

502
00:42:14,296 --> 00:42:21,016
to eventually come down. And if Anthropic is seen as hostile to the government or labeled hostile

503
00:42:21,016 --> 00:42:28,236
to the government, that label sticks, I imagine they'll see more regulations than someone like

504
00:42:28,236 --> 00:42:33,496
OpenAI or other providers will, who are cooperating with government as a retaliatory measure.

505
00:42:33,496 --> 00:42:37,296
So that's one part of where I think it will affect their business negatively.

506
00:42:37,496 --> 00:42:43,196
Another one is that the government outlays, like federal spending, is like 20% of GDP.

507
00:42:44,776 --> 00:42:52,436
So that's 20% of GDP that cannot be allocated to Anthropic now because of this label.

508
00:42:53,036 --> 00:42:58,316
And then that's not even including other government entities that are downstream.

509
00:42:58,316 --> 00:43:03,316
like I think 20% of GDP is also healthcare.

510
00:43:04,316 --> 00:43:06,496
And something like 50% of healthcare

511
00:43:06,496 --> 00:43:08,276
is financed by governments.

512
00:43:08,276 --> 00:43:10,356
And so you imagine that healthcare is probably not,

513
00:43:10,356 --> 00:43:13,176
so it's like, it almost like cuts off

514
00:43:13,176 --> 00:43:15,876
like 50% of their potential customer base

515
00:43:15,876 --> 00:43:18,776
that is like corporate government related.

516
00:43:18,776 --> 00:43:20,916
So that's maybe bad for their business and maybe that,

517
00:43:20,916 --> 00:43:23,316
but I think the biggest reason why this is bad

518
00:43:23,316 --> 00:43:25,596
for their business is data access.

519
00:43:25,596 --> 00:43:30,776
you know, fewer customers. To feed the models, you mean? To feed the models. Yeah, these things

520
00:43:30,776 --> 00:43:35,856
are extremely data hungry. And so they're now cut off from like 50% of use cases, let's say,

521
00:43:35,856 --> 00:43:41,776
that are maybe productive because they're cut off of 50% of the economy. That's, you know,

522
00:43:41,816 --> 00:43:46,436
a lot of data they don't get in addition to the government has probably more access to private

523
00:43:46,436 --> 00:43:51,916
databases that no one has access to except them. And now they don't get access to those either.

524
00:43:51,916 --> 00:44:05,276
And explicitly, most of the big AI companies were given access to a lot of private scientific data sets that the government had and that weren't publicly available as part of some deal last year, Project Genesis, I think it's called.

525
00:44:05,756 --> 00:44:09,656
And I'm guessing they'll lose access to that data as well.

526
00:44:09,756 --> 00:44:11,036
So they'll be at a data disadvantage.

527
00:44:11,276 --> 00:44:12,536
They'll be at a financial disadvantage.

528
00:44:12,676 --> 00:44:14,076
They'll be at a regulatory disadvantage.

529
00:44:15,356 --> 00:44:16,676
I would guess, yes, bad.

530
00:44:17,176 --> 00:44:18,836
My conclusion is, yes, bad for their business.

531
00:44:18,836 --> 00:44:29,376
But an alternative take is that they will have to diverge significantly from whatever the easy growth path that open AI will have.

532
00:44:29,596 --> 00:44:33,916
And perhaps there's something very interesting along the alternative growth path.

533
00:44:34,056 --> 00:44:38,316
Maybe they'll be forced to make their models smarter rather than larger, maybe.

534
00:44:38,876 --> 00:44:42,716
Maybe that actually yields a product that is better.

535
00:44:42,716 --> 00:44:48,916
It might grow the intelligence of their product while their business maybe is somewhat not growing.

536
00:44:49,056 --> 00:44:50,376
I think you covered pretty much everything.

537
00:44:50,476 --> 00:44:55,656
I think the other thing I would just add is obviously they're probably going to have to pivot to like one or two things.

538
00:44:55,796 --> 00:45:00,596
If they're going to go this route, they're going to have to go down the consumer route.

539
00:45:01,076 --> 00:45:03,596
You could probably see that and they're going to have to really lean into that.

540
00:45:04,316 --> 00:45:12,216
I just don't know who, like you're going to have to have those big chunks of money coming in.

541
00:45:12,216 --> 00:45:18,876
And it begs, I mean, it was in the comments, but it kind of makes you question who else are they going to go to now?

542
00:45:19,076 --> 00:45:20,596
What other countries are they going to go to now?

543
00:45:21,456 --> 00:45:28,496
I mean, when you look at it from like a national security perspective, it just, there's yellow flags all over this, if you're that guy.

544
00:45:30,096 --> 00:45:34,576
But those are the only two things I would add based on what Wumble was asking.

545
00:45:35,916 --> 00:45:41,896
The other question he had was around, question two, he says,

546
00:45:41,896 --> 00:45:46,016
Is ChatGPT doing the best thing for stockholders by accepting the government's demands?

547
00:45:46,856 --> 00:45:48,516
Keon, what do you think?

548
00:45:48,556 --> 00:45:53,096
Is Sam Altman doing the right thing?

549
00:45:54,076 --> 00:45:58,176
Yeah, I mean, I think it is the right thing for shareholders.

550
00:45:58,176 --> 00:46:02,896
I think that is probably the financially smartest move, as we've just discussed.

551
00:46:03,016 --> 00:46:08,176
I think it harms Anthropoc quite a bit to have ended this partnership with the government.

552
00:46:08,176 --> 00:46:15,436
you know I think the question is trying to get at was Sam Altman motivated by financial gain

553
00:46:15,436 --> 00:46:22,836
more than he was like doing the right thing I mean I obviously don't know but my limited

554
00:46:22,836 --> 00:46:28,636
understanding of Sam Altman is that he is extremely ambitious and the type of ambitious

555
00:46:28,636 --> 00:46:35,436
where all things are equal he I would guess he would do the right thing like he's not he's not

556
00:46:35,436 --> 00:46:40,156
a bad person when all things are equal but if if you pose a scenario well he'll win a little bit

557
00:46:40,156 --> 00:46:47,016
by being a little bit evil i think he will take the win and accept being evil that's my read of

558
00:46:47,016 --> 00:46:56,616
sam altman so is this is this maybe a self-interested move uh yeah maybe um but they were already giving

559
00:46:56,616 --> 00:47:01,276
them they were already working with them so is anthropic yeah that's where this kind of thing

560
00:47:01,276 --> 00:47:07,616
kind of that's where it's a little bit boxy there it just doesn't quite fit it just feels off a bit

561
00:47:07,616 --> 00:47:13,816
uh we won't know until it's later disclosed but i would imagine though that i would imagine just

562
00:47:13,816 --> 00:47:18,776
based off of if you follow if you if you take him at his word if you take the guy who was uh

563
00:47:18,776 --> 00:47:24,496
what's the name of the guy from anthropic uh a motor yeah if you take him at his word and he's

564
00:47:24,496 --> 00:47:30,476
really concerned about everything i think the only thing that you could quite possibly be concerned

565
00:47:30,476 --> 00:47:32,276
about the government having

566
00:47:32,276 --> 00:47:34,676
AI models would be

567
00:47:34,676 --> 00:47:36,496
are they

568
00:47:36,496 --> 00:47:37,996
leveraging it to

569
00:47:37,996 --> 00:47:40,116
basically eliminate human beings, right?

570
00:47:40,996 --> 00:47:41,716
And

571
00:47:41,716 --> 00:47:44,596
who is actually making that function

572
00:47:44,596 --> 00:47:46,196
happen? Is there

573
00:47:46,196 --> 00:47:48,236
discernment between the model

574
00:47:48,236 --> 00:47:49,756
and the human

575
00:47:49,756 --> 00:47:51,976
that then completes that action?

576
00:47:52,276 --> 00:47:54,116
Or is it the human

577
00:47:54,116 --> 00:47:56,196
or is it just the model that's completing that

578
00:47:56,196 --> 00:47:57,876
action when it comes to eliminating

579
00:47:57,876 --> 00:47:59,516
human beings?

580
00:47:59,516 --> 00:48:09,356
So I think if you take him at what he said and that's what he's concerned about, then at that point, it makes it a really layered issue that's political.

581
00:48:10,196 --> 00:48:11,636
I mean, you name it, it's all in there.

582
00:48:13,576 --> 00:48:18,896
But at the same time, you are protected by the United States government.

583
00:48:19,356 --> 00:48:24,376
You are reaping the fruits of its military by being stateside.

584
00:48:24,376 --> 00:48:32,016
But so I just feel like you said earlier, it just opens up an entire can of worms that you didn't have to possibly open up.

585
00:48:32,796 --> 00:48:46,616
Well, I think they might, I mean, if I'm a Modi, if I'm trying to think game app being a Modi, I think, you know, one of the, you know, he might, I think he's a, he left open AI, I think, because he had ethical disagreements with the way Sam Watman was running research and stuff.

586
00:48:46,616 --> 00:48:48,916
but I think

587
00:48:48,916 --> 00:48:50,416
also you can imagine

588
00:48:50,416 --> 00:48:52,616
even as maybe a business person

589
00:48:52,616 --> 00:48:54,696
you imagine that something bad

590
00:48:54,696 --> 00:48:56,716
happens with one of these models where we have

591
00:48:56,716 --> 00:48:57,016
like

592
00:48:57,016 --> 00:49:00,716
what was the dude who went

593
00:49:00,716 --> 00:49:01,416
away to prison?

594
00:49:02,236 --> 00:49:04,556
It was like from Denmark. Assange.

595
00:49:04,696 --> 00:49:06,616
We have an Assange like leak video

596
00:49:06,616 --> 00:49:07,716
of OpenAI

597
00:49:07,716 --> 00:49:09,696
an OpenAI turret

598
00:49:09,696 --> 00:49:11,416
gunning down

599
00:49:11,416 --> 00:49:14,076
and it's in civilians.

600
00:49:14,076 --> 00:49:16,576
What happens to OpenAI?

601
00:49:16,616 --> 00:49:21,176
eye on that situation are they are they actually protected like if that if that's anthropics

602
00:49:21,176 --> 00:49:26,836
yeah that's an interesting use in a scenario right like you can imagine yeah i think i think

603
00:49:26,836 --> 00:49:30,896
this is where it kind of comes down to like yeah i feel like we're they're already they're already

604
00:49:30,896 --> 00:49:35,976
headed on that path to having a conversation with congress and the senate because there needs to be

605
00:49:35,976 --> 00:49:44,756
some sort of like ai eliminating humans law right like we can't have robots on the streets just like

606
00:49:44,756 --> 00:49:51,816
killing humans just like autonomously um that's what i believe i mean i don't want somebody i care

607
00:49:51,816 --> 00:49:59,476
about that's you know to get basically killed by by a bot um that has no that it has no no one's

608
00:49:59,476 --> 00:50:04,456
controlling it nor does it have like a thing but that's what i'm saying it's a layered issue man

609
00:50:04,456 --> 00:50:10,376
this is all this all like will play out over the course of the next few years i would imagine

610
00:50:10,376 --> 00:50:17,176
yeah i think it was um who was it it was justin shock that shared a palmer lucky tweet yeah i

611
00:50:17,176 --> 00:50:23,076
would have not want to be any of these two right now this is not a good spot to be in dude imagine

612
00:50:23,076 --> 00:50:28,236
being in that seat and having to make this decision right like i don't pity these guys

613
00:50:28,236 --> 00:50:33,316
having to decide even on the government side either like this is just not a good spot to be in

614
00:50:33,316 --> 00:50:38,616
but palmer lucky's point is that the government kind of exists to make these layered decisions and

615
00:50:38,616 --> 00:50:40,836
these layered issues. It's like Palmer

616
00:50:40,836 --> 00:50:42,576
Lucky's position. I mean, that sounds great

617
00:50:42,576 --> 00:50:44,216
on a piece of paper, but...

618
00:50:44,216 --> 00:50:45,916
Yeah, I don't...

619
00:50:45,916 --> 00:50:48,816
I get what he's saying, because it uses the analogy

620
00:50:48,816 --> 00:50:50,816
of someone who's selling the government missiles.

621
00:50:50,996 --> 00:50:52,556
It's not like the missile manufacturer

622
00:50:52,556 --> 00:50:54,376
gets to tell the government how they use the missiles.

623
00:50:54,976 --> 00:50:56,636
And so this is where I go back to

624
00:50:56,636 --> 00:50:58,636
are we leveraging AI

625
00:50:58,636 --> 00:51:00,456
as a tool, or are we leveraging AI

626
00:51:00,456 --> 00:51:02,176
to complete tasks for us?

627
00:51:02,756 --> 00:51:03,936
Especially when it comes to

628
00:51:03,936 --> 00:51:05,776
humans that

629
00:51:05,776 --> 00:51:08,316
possibly could die at the hand of that.

630
00:51:08,616 --> 00:51:10,596
and they'll need to figure that out.

631
00:51:10,676 --> 00:51:11,976
I don't have the answers for that,

632
00:51:12,036 --> 00:51:12,456
but like,

633
00:51:12,716 --> 00:51:13,356
to me,

634
00:51:13,456 --> 00:51:14,076
that's the biggest,

635
00:51:14,256 --> 00:51:15,496
that's the biggest part there.

636
00:51:15,636 --> 00:51:16,296
It's just like,

637
00:51:16,916 --> 00:51:18,096
how loose are these,

638
00:51:18,176 --> 00:51:19,476
these bots

639
00:51:19,476 --> 00:51:21,996
with everything else?

640
00:51:21,996 --> 00:51:22,796
But I guess these guys

641
00:51:22,796 --> 00:51:23,716
will know more than we will.

642
00:51:23,896 --> 00:51:24,216
I don't know.

643
00:51:24,596 --> 00:51:24,776
I don't know.

644
00:51:24,816 --> 00:51:25,196
That was like,

645
00:51:25,456 --> 00:51:26,096
in Amadi's,

646
00:51:26,176 --> 00:51:26,796
like for some of the,

647
00:51:26,836 --> 00:51:27,816
some of the PR they did,

648
00:51:27,876 --> 00:51:29,576
or maybe it's a legitimate response

649
00:51:29,576 --> 00:51:29,996
was like,

650
00:51:30,176 --> 00:51:30,496
we don't,

651
00:51:30,596 --> 00:51:30,736
you know,

652
00:51:30,756 --> 00:51:32,196
the truth is we don't trust these models

653
00:51:32,196 --> 00:51:33,516
to be used in these applications.

654
00:51:33,516 --> 00:51:34,096
We think,

655
00:51:34,296 --> 00:51:35,296
we know they make mistakes.

656
00:51:35,296 --> 00:51:36,176
They have error rates

657
00:51:36,176 --> 00:51:38,196
and we don't want to be responsible

658
00:51:38,196 --> 00:51:41,236
for people getting killed or people getting surveilled or whatever.

659
00:51:42,656 --> 00:51:45,056
As a result of the government's misuse of these models

660
00:51:45,056 --> 00:51:47,156
and not paying attention to our...

661
00:51:47,156 --> 00:51:50,696
Yeah, and so like Sam Altman, he said it here,

662
00:51:50,756 --> 00:51:55,396
we are asking the DOW to offer these same terms to all AI companies,

663
00:51:55,496 --> 00:51:57,896
which in our opinion we think everyone should be willing to accept.

664
00:51:58,396 --> 00:52:01,496
We expressed our strong desire to see things de-escalate away

665
00:52:01,496 --> 00:52:04,076
from legal and governmental actions towards reasonable agreements.

666
00:52:04,076 --> 00:52:07,916
we remain committed to serve all humanity

667
00:52:07,916 --> 00:52:09,036
as best we can.

668
00:52:09,156 --> 00:52:10,236
The world is complicated, messy,

669
00:52:10,316 --> 00:52:11,396
and sometimes a dangerous place.

670
00:52:13,176 --> 00:52:16,016
Well, ShockNet thinks that this is somewhat staged.

671
00:52:16,536 --> 00:52:16,956
What do you mean?

672
00:52:17,256 --> 00:52:21,556
Like, I think, you know, it's plausible

673
00:52:21,556 --> 00:52:27,256
that this deal, this like more strategic partnership

674
00:52:27,256 --> 00:52:28,956
happened between OpenAI and the government

675
00:52:28,956 --> 00:52:30,996
to kind of push out Anthropic

676
00:52:30,996 --> 00:52:34,316
and claim that it was really Anthropics.

677
00:52:34,316 --> 00:52:35,136
That's like shadow play.

678
00:52:35,936 --> 00:52:36,876
Anthropics decision.

679
00:52:38,176 --> 00:52:39,996
It's not the government playing favorites.

680
00:52:40,336 --> 00:52:44,596
It's Anthropic being anti-American

681
00:52:44,596 --> 00:52:45,876
or not trusting the government.

682
00:52:46,016 --> 00:52:46,596
That's what happened.

683
00:52:46,736 --> 00:52:50,516
It isn't open AI and Trump getting along really well.

684
00:52:50,516 --> 00:52:52,316
I think it's one of those things where you actually,

685
00:52:52,576 --> 00:52:53,776
that actually makes a lot of sense

686
00:52:53,776 --> 00:52:57,956
when you look at it from a 50-yard stadium point of view

687
00:52:57,956 --> 00:53:00,516
because you need to have this public discourse

688
00:53:00,516 --> 00:53:03,396
because it's only going to get even more.

689
00:53:05,996 --> 00:53:08,256
Yeah, and when you think of it like that,

690
00:53:08,336 --> 00:53:09,896
it's kind of like, well, let's just do it now.

691
00:53:10,316 --> 00:53:11,636
Let's just have this public discourse

692
00:53:11,636 --> 00:53:14,656
and get everybody to weigh in on where we stand on this

693
00:53:14,656 --> 00:53:17,496
and then let the Senate hearing because, yeah,

694
00:53:17,516 --> 00:53:18,516
that kind of makes sense too

695
00:53:18,516 --> 00:53:20,116
because they're not going to stop doing this.

696
00:53:20,116 --> 00:53:23,096
So discourse needs to commence, I guess.

697
00:53:23,796 --> 00:53:24,716
It's interesting now.

698
00:53:24,776 --> 00:53:25,756
That's an interesting take for sure.

699
00:53:26,496 --> 00:53:27,576
Yeah, I don't know.

700
00:53:27,576 --> 00:53:29,796
yeah, Justin follows all the

701
00:53:29,796 --> 00:53:31,756
politics stuff.

702
00:53:32,496 --> 00:53:33,936
Yeah, and he's always got that

703
00:53:33,936 --> 00:53:35,176
sneak tip.

704
00:53:36,636 --> 00:53:38,016
Yeah, that was Womble's

705
00:53:38,016 --> 00:53:39,876
picks. Really spicy one

706
00:53:39,876 --> 00:53:40,376
from Womble.

707
00:53:41,716 --> 00:53:43,796
We answered his question, right? Yeah, I guess we answered both

708
00:53:43,796 --> 00:53:45,956
of his questions. Let's jump

709
00:53:45,956 --> 00:53:46,376
into

710
00:53:46,376 --> 00:53:50,056
your...

711
00:53:50,056 --> 00:53:51,836
Let's jump into the other AI stuff. So the other one

712
00:53:51,836 --> 00:53:53,156
was PlebDevs.

713
00:53:53,576 --> 00:53:55,396
He released an AI course this week.

714
00:53:55,396 --> 00:53:57,636
I've been watching

715
00:53:57,636 --> 00:53:59,656
it for

716
00:53:59,656 --> 00:54:01,776
trying to work my way through it

717
00:54:01,776 --> 00:54:02,736
I'm like an hour in

718
00:54:02,736 --> 00:54:04,756
because the first lesson is so long

719
00:54:04,756 --> 00:54:07,396
you're already an agentic

720
00:54:07,396 --> 00:54:09,536
engineer as you call yourself

721
00:54:09,536 --> 00:54:11,696
I am kind of an agentic

722
00:54:11,696 --> 00:54:12,616
engineer at this point

723
00:54:12,616 --> 00:54:14,816
I highly recommend

724
00:54:14,816 --> 00:54:16,796
if you're somebody who's using Claude

725
00:54:16,796 --> 00:54:19,076
you want to go to the next level

726
00:54:19,076 --> 00:54:20,376
using codex

727
00:54:20,376 --> 00:54:22,736
I don't want to humble brag

728
00:54:22,736 --> 00:54:24,196
but I'm there now

729
00:54:24,196 --> 00:54:25,236
Best practices.

730
00:54:26,116 --> 00:54:27,716
And it's all thanks to this

731
00:54:27,716 --> 00:54:29,556
Club Devs AI course.

732
00:54:30,056 --> 00:54:30,836
So if you're interested

733
00:54:30,836 --> 00:54:34,036
in learning about this stuff,

734
00:54:34,076 --> 00:54:35,396
I would highly jump on it right now.

735
00:54:36,656 --> 00:54:37,836
Because he goes through,

736
00:54:37,876 --> 00:54:38,816
he's really thorough, man.

737
00:54:38,976 --> 00:54:40,016
I told him earlier,

738
00:54:40,056 --> 00:54:40,756
it's kind of dense,

739
00:54:40,896 --> 00:54:41,936
but I feel like he's...

740
00:54:41,936 --> 00:54:43,396
He plays a lot faster right now, right?

741
00:54:43,796 --> 00:54:44,036
Yeah.

742
00:54:44,196 --> 00:54:45,836
It's better to be dense

743
00:54:45,836 --> 00:54:48,056
than not have it in there.

744
00:54:48,416 --> 00:54:49,356
Do you want to say anything about this?

745
00:54:52,416 --> 00:54:53,596
Give me feedback, yeah.

746
00:54:53,596 --> 00:54:54,436
I mean, I agree.

747
00:54:54,916 --> 00:54:56,276
Can you, can you, yeah.

748
00:54:56,796 --> 00:54:59,016
Cara has given me very good, what's up people?

749
00:55:00,096 --> 00:55:01,096
What's up Austin, Tom?

750
00:55:01,096 --> 00:55:01,696
What's up, you see me?

751
00:55:01,796 --> 00:55:02,196
I'm right here.

752
00:55:02,716 --> 00:55:05,636
Yeah, Cara has given me really good feedback that it's pretty dense.

753
00:55:06,656 --> 00:55:07,996
But it's good in chunks though.

754
00:55:08,176 --> 00:55:11,796
It's good, you know, it makes me inspire, instead of like bike shedding and being like,

755
00:55:11,876 --> 00:55:15,236
oh, I need to make it perfect, like I'm more of like, it's inspired me,

756
00:55:15,696 --> 00:55:21,396
take these foundational concepts and just explain them better again and more in simple content.

757
00:55:21,396 --> 00:55:28,516
and this is the long form super dense version so great place to start yeah heck yeah yeah good job

758
00:55:28,516 --> 00:55:35,576
you've released two episodes and more coming uh yeah the intro then okay next first few i mean

759
00:55:35,576 --> 00:55:41,996
are our like just the first two lessons are like three hours so yeah i would say this first one that

760
00:55:41,996 --> 00:55:45,656
he released here the second this one that we're watching right now for somebody like me who's a

761
00:55:45,656 --> 00:55:50,016
little bit slower than the average bear i would say like this is at least two or three sits

762
00:55:50,016 --> 00:55:56,836
before you get like okay i had enough yeah but it's good in a good way though it's not like bad

763
00:55:56,836 --> 00:56:03,156
it's like uh you know what i mean kian you get it yeah for bears you mean laurie large hairy men

764
00:56:03,156 --> 00:56:08,016
yes that's what i meant uh yeah anyways check it out when's this next one getting released austin

765
00:56:08,016 --> 00:56:14,856
uh monday oh wow so you're gonna drop another one on monday nice i'm gonna watch this tomorrow

766
00:56:15,656 --> 00:56:16,676
I need to finish.

767
00:56:16,796 --> 00:56:17,516
I got like an hour left.

768
00:56:17,516 --> 00:56:17,996
Coming soon.

769
00:56:18,216 --> 00:56:19,116
Stay tuned.

770
00:56:19,456 --> 00:56:22,696
At the same time, AI guides are dropping on the, you know,

771
00:56:23,436 --> 00:56:24,536
your guide guide.

772
00:56:24,636 --> 00:56:24,876
Okay.

773
00:56:25,216 --> 00:56:28,356
Set up a llama, set up a new code, private search.

774
00:56:29,556 --> 00:56:29,996
Awesome.

775
00:56:30,236 --> 00:56:30,656
Thanks, Austin.

776
00:56:30,896 --> 00:56:31,196
Heck, yeah.

777
00:56:31,396 --> 00:56:32,156
Just wanted to share that.

778
00:56:32,236 --> 00:56:35,196
That was like one of the big things that got released here in Austin this week.

779
00:56:36,896 --> 00:56:41,176
The other one was Darth Goin.

780
00:56:41,616 --> 00:56:44,756
I wanted to share this one because I think that's an interesting thing.

781
00:56:44,756 --> 00:56:45,216
Oh, right.

782
00:56:45,216 --> 00:56:52,976
Yeah, so apparently Matt Albergore posted this on March 4th.

783
00:56:53,176 --> 00:56:54,356
It had 74 comments.

784
00:56:55,456 --> 00:56:56,236
And he said,

785
00:56:56,296 --> 00:56:59,756
A response to DarthCoin on ideological purity in Bitcoin.

786
00:57:00,296 --> 00:57:00,816
He said,

787
00:57:00,916 --> 00:57:07,476
As some of you may know, my company PayPerQ.ai accepts Bitcoin along with altcoins, stables, and even credit cards.

788
00:57:08,036 --> 00:57:13,576
Came across this today by DarthCoin, who regularly throws shade on Bitcoin companies that do not pass the purity test.

789
00:57:13,836 --> 00:57:15,176
This was my response to him.

790
00:57:15,216 --> 00:57:18,016
I hope we can drum up some great conversations from here.

791
00:57:18,956 --> 00:57:21,016
And he posted this one.

792
00:57:21,096 --> 00:57:23,616
I guess this is a tweet.

793
00:57:23,916 --> 00:57:25,016
Or no, this is a Noster note.

794
00:57:26,736 --> 00:57:29,096
Yeah, then he kind of goes through all of it,

795
00:57:29,676 --> 00:57:36,556
basically saying that being ideological driven is a terrible business model.

796
00:57:37,416 --> 00:57:39,016
And pay-per-queue holds a Bitcoin treasury,

797
00:57:39,176 --> 00:57:40,996
accepted a third of its investment in Bitcoin,

798
00:57:41,196 --> 00:57:43,676
pays salaries in Bitcoin, offers a discount when paying via Lightning,

799
00:57:43,676 --> 00:57:45,376
sells all coins

800
00:57:45,376 --> 00:57:46,276
like that it pay bills

801
00:57:46,276 --> 00:57:47,676
runs its own lightning node

802
00:57:47,676 --> 00:57:48,556
is paid by the two

803
00:57:48,556 --> 00:57:49,556
of its gift card partners

804
00:57:49,556 --> 00:57:50,856
serves all its own sovereign

805
00:57:50,856 --> 00:57:52,196
like all these things

806
00:57:52,196 --> 00:57:52,976
and he goes

807
00:57:52,976 --> 00:57:53,736
if I'm being honest

808
00:57:53,736 --> 00:57:54,436
when I say that

809
00:57:54,436 --> 00:57:55,556
PPQ is Bitcoin only

810
00:57:55,556 --> 00:57:56,496
it's in its full form

811
00:57:56,496 --> 00:57:57,116
we would no longer

812
00:57:57,116 --> 00:57:57,776
be in business

813
00:57:57,776 --> 00:57:58,616
competitors accepting

814
00:57:58,616 --> 00:57:59,456
stables and altcoins

815
00:57:59,456 --> 00:58:00,576
would have swallowed us up

816
00:58:00,576 --> 00:58:01,036
by now

817
00:58:01,036 --> 00:58:02,856
be it Bitcoin first

818
00:58:02,856 --> 00:58:03,336
like us

819
00:58:03,336 --> 00:58:04,576
don't be Bitcoin suicidal

820
00:58:04,576 --> 00:58:05,356
like DarthCoin

821
00:58:05,356 --> 00:58:06,056
exclamation point

822
00:58:06,056 --> 00:58:07,836
but yeah

823
00:58:07,836 --> 00:58:09,256
what do you think

824
00:58:09,256 --> 00:58:09,816
about this Keon?

825
00:58:12,576 --> 00:58:13,416
I don't know

826
00:58:13,416 --> 00:58:18,476
I mean, it's a great, you know, having a war, a public war is probably good for publicity.

827
00:58:20,976 --> 00:58:22,216
What do I think about?

828
00:58:22,896 --> 00:58:29,796
Yeah, he's basically saying that he can't stay in business unless he, or he didn't say that.

829
00:58:29,836 --> 00:58:30,436
Let me get that right.

830
00:58:31,616 --> 00:58:33,336
Yeah, he said that they would be out of business.

831
00:58:33,356 --> 00:58:34,116
They would be out of business.

832
00:58:34,316 --> 00:58:35,176
They're Bitcoin only.

833
00:58:35,316 --> 00:58:41,056
There aren't enough people spending Bitcoin, I think is what he's arguing for their business to survive.

834
00:58:41,056 --> 00:58:46,056
And I think that that might be the case.

835
00:58:46,056 --> 00:58:50,056
I don't know if that's, you know, is that the right move?

836
00:58:50,056 --> 00:58:54,056
I personally don't think it's the right move.

837
00:58:54,056 --> 00:59:02,056
I think accepting, I think most Bitcoiners have accepted the reality of fiat and stablecoins and stuff like that.

838
00:59:02,056 --> 00:59:06,056
I think that I might have, I think it's like more of a gray area.

839
00:59:06,056 --> 00:59:10,936
I think accepting scams somewhat legitimizes them,

840
00:59:11,276 --> 00:59:14,196
like coins that are meme-y and sort of,

841
00:59:14,196 --> 00:59:17,136
and you know there's someone getting dumped on.

842
00:59:17,536 --> 00:59:22,476
I'm a little supporting that or legitimizing that.

843
00:59:22,576 --> 00:59:24,456
I have more complex feelings about.

844
00:59:25,236 --> 00:59:26,176
I think, you know, he's not,

845
00:59:28,176 --> 00:59:30,256
he's probably swapping directly into Bitcoin.

846
00:59:30,496 --> 00:59:30,876
That's nice.

847
00:59:30,936 --> 00:59:32,796
So he's protected from the scams

848
00:59:32,796 --> 00:59:39,516
while he is letting his customers feel okay about participating in them.

849
00:59:42,016 --> 00:59:42,856
It's tricky.

850
00:59:43,396 --> 00:59:47,296
It's not like he's not using Bitcoin as a core part of his product.

851
00:59:47,716 --> 00:59:50,136
He's mostly just accepting it as a form of payment.

852
00:59:53,896 --> 00:59:56,836
It's less gross than if it were a core part of his product

853
00:59:56,836 --> 00:59:58,796
and scams were actively happening on it.

854
00:59:59,956 --> 01:00:00,576
I don't know.

855
01:00:00,576 --> 01:00:05,216
I don't personally like it, but, you know, if you want to do that, you should do that.

856
01:00:05,936 --> 01:00:07,536
I think I'd prefer to shut down.

857
01:00:07,756 --> 01:00:13,616
If I were running a business and it couldn't survive in the way I imagined it, I would prefer to shut it down.

858
01:00:16,736 --> 01:00:20,136
That's kind of my read.

859
01:00:20,136 --> 01:00:35,376
I don't know what his, maybe his business is very capital intensive and he needs to kind of, you know, engage in vaguely bad behavior to pay the bills.

860
01:00:35,496 --> 01:00:35,876
I don't know.

861
01:00:36,636 --> 01:00:39,416
We had the top comment from Optimism.

862
01:00:39,556 --> 01:00:40,476
He says, meta alert.

863
01:00:41,056 --> 01:00:42,416
Yo, I wonder something kind of meta.

864
01:00:42,656 --> 01:00:46,236
Why are you triggered by this to a point that you publish a reply from your company account?

865
01:00:46,756 --> 01:00:47,856
You run a prepaid service.

866
01:00:47,976 --> 01:00:48,296
Awesome.

867
01:00:48,296 --> 01:00:51,856
That has since, as far as my memory goes back, always incentivized Lightning.

868
01:00:52,656 --> 01:00:54,436
You're not a wallet, just like Sacred News is a wallet.

869
01:00:54,516 --> 01:00:58,116
So why do you and your company feel strongly about what Darth says about wallet purity?

870
01:00:58,536 --> 01:00:59,316
Why enter this fight?

871
01:00:59,476 --> 01:01:00,496
Is this a hill to die on?

872
01:01:01,796 --> 01:01:03,736
And then Matt responded back immediately.

873
01:01:03,896 --> 01:01:07,916
He said it was not this post in particular that triggered me, but his general post over time,

874
01:01:08,276 --> 01:01:13,476
as well as the general attitude of a lot of Bitcoin maxis that I've had to deal with over the last two years while trying to run my business.

875
01:01:13,696 --> 01:01:17,916
There are actually a class of Bitcoiners who will refuse to use my service because it's not Bitcoin only.

876
01:01:18,296 --> 01:01:18,716
That's fine.

877
01:01:18,836 --> 01:01:19,936
Everyone can make their own decisions.

878
01:01:20,096 --> 01:01:23,556
But the argument that I'm trying to make about the attitude is that it's suicidal,

879
01:01:23,656 --> 01:01:24,676
only hurts Bitcoin in the end.

880
01:01:25,476 --> 01:01:26,976
And then he kept going.

881
01:01:27,996 --> 01:01:28,936
I don't think he could argue.

882
01:01:29,276 --> 01:01:31,856
I don't think it's fair to argue that it hurts Bitcoin in the end.

883
01:01:32,116 --> 01:01:35,316
I'm not sure what he's doing is helping Bitcoin.

884
01:01:35,816 --> 01:01:41,016
I think that's like a spurious argument that I think perhaps slips through the cracks

885
01:01:41,016 --> 01:01:42,356
with some of the other stuff he's saying.

886
01:01:42,796 --> 01:01:44,136
But I just don't think that's true.

887
01:01:44,136 --> 01:01:53,416
I think Bitcoin business is trying to figure out how to be Bitcoin only and succeed doing that is better for Bitcoin than someone conceding that Bitcoin only is never going to win.

888
01:01:54,036 --> 01:01:57,496
It's like, is he, I don't know.

889
01:01:59,996 --> 01:02:08,516
Arguably, a company like BitRefill that accepts every possible coin that's ever existed, maybe they are good for Bitcoin.

890
01:02:08,516 --> 01:02:13,516
They provide some means for Bitcoin to get access to fiat companies.

891
01:02:14,136 --> 01:02:18,376
I don't know.

892
01:02:18,376 --> 01:02:19,376
Yeah, but I don't, I just don't.

893
01:02:19,376 --> 01:02:24,196
I think, I think just, I think to give another alternative take and

894
01:02:24,196 --> 01:02:42,354
I not really picking a side or anything but I think I think this kind of it kind of muddied the water over the past two years I would say or since the ETF I would say since ETF has launched post ETF it feels like a lot of what we seeing on the purity side has kind of evaporated

895
01:02:42,354 --> 01:02:50,094
at this point. And you don't really, you don't really see that many people care as hardcore as

896
01:02:50,094 --> 01:02:52,014
they did pre-ETF.

897
01:02:52,894 --> 01:02:55,034
At least that's kind of how I see it now.

898
01:02:55,134 --> 01:02:57,074
I don't think that many people actually care

899
01:02:57,074 --> 01:03:02,374
outside of, you know, a handful of them

900
01:03:02,374 --> 01:03:06,014
because, you know, they're either fighting another battle,

901
01:03:06,614 --> 01:03:09,494
but you don't really, I don't really see,

902
01:03:09,754 --> 01:03:10,814
I mean, what I'm trying to say is

903
01:03:10,814 --> 01:03:12,274
I don't really see a lot of,

904
01:03:12,734 --> 01:03:15,554
I feel like pre-ETF,

905
01:03:15,634 --> 01:03:17,714
you would see a lot more people like Darth

906
01:03:17,714 --> 01:03:19,874
attacking businesses for this.

907
01:03:20,094 --> 01:03:27,474
And I feel like post 2024 ETF, you don't want to see, like, I think I only see Darth doing it at this point.

908
01:03:28,374 --> 01:03:28,834
I don't know.

909
01:03:28,834 --> 01:03:29,414
I could be wrong.

910
01:03:29,754 --> 01:03:32,114
I think there are other people doing it, but they're just not as vocal.

911
01:03:32,254 --> 01:03:39,454
I think they just have bigger targets now, and they prefer to go after, like, the Sailors and the Baileys and people like that instead.

912
01:03:39,454 --> 01:03:40,954
Not, like, a scrappy little startup.

913
01:03:41,934 --> 01:03:43,974
Yeah, I don't think you, that's another thing.

914
01:03:44,054 --> 01:03:45,794
It's, like, he's just trying to survive.

915
01:03:46,754 --> 01:03:48,334
But it kind of goes to what you're saying.

916
01:03:48,334 --> 01:03:51,194
Yeah, I mean, so is like a bank robber.

917
01:03:51,194 --> 01:03:55,134
But is he actually a, I mean, because I haven't looked at pay-per-Q

918
01:03:55,134 --> 01:03:58,574
outside of just what people have told me about it.

919
01:03:58,834 --> 01:04:04,134
But is it primarily, I mean, what does the website look like?

920
01:04:04,154 --> 01:04:04,614
I'm just curious.

921
01:04:05,354 --> 01:04:08,374
Is it just pay-per-Q?

922
01:04:10,514 --> 01:04:11,314
Okay, there it goes.

923
01:04:11,414 --> 01:04:13,194
So pay-per-prompt AI service.

924
01:04:14,214 --> 01:04:14,654
Oh, cool.

925
01:04:14,994 --> 01:04:16,414
Yeah, it gives you access to large models.

926
01:04:16,414 --> 01:04:17,974
So where's the coin zone?

927
01:04:17,974 --> 01:04:19,154
I don't see the coins anywhere.

928
01:04:19,314 --> 01:04:20,594
So you just basically accept here.

929
01:04:21,234 --> 01:04:22,894
Okay, so you can select a different one.

930
01:04:23,014 --> 01:04:24,574
Does that have 5.4?

931
01:04:24,694 --> 01:04:25,314
Oh, that's already.

932
01:04:26,154 --> 01:04:26,934
Wow, look at that.

933
01:04:27,634 --> 01:04:29,154
And then where do you pay at?

934
01:04:29,234 --> 01:04:30,014
You pay per query.

935
01:04:30,954 --> 01:04:36,914
So you just put, oh, add funds, and then you go add funds.

936
01:04:37,194 --> 01:04:38,374
Okay, so you go here.

937
01:04:39,134 --> 01:04:40,334
Oh, there's Bitcoin at the top.

938
01:04:40,774 --> 01:04:40,974
Tether.

939
01:04:40,974 --> 01:04:41,274
Look at that.

940
01:04:42,694 --> 01:04:43,334
Stablecoins line.

941
01:04:43,494 --> 01:04:44,934
Okay, I see what they're saying.

942
01:04:45,074 --> 01:04:47,294
Yeah, you buy credits with all these things.

943
01:04:47,294 --> 01:04:47,634
Okay.

944
01:04:47,974 --> 01:04:51,054
So it's like BitRefill, but for LLM.

945
01:04:51,954 --> 01:04:52,874
Yeah, for an LLM.

946
01:04:52,974 --> 01:04:55,574
You buy a gift card.

947
01:04:55,714 --> 01:04:56,114
I don't know.

948
01:04:56,374 --> 01:05:00,074
To me, it's kind of like he made it seem, I don't know,

949
01:05:00,154 --> 01:05:02,614
based on the thing that I saw, he made it seem like it was like,

950
01:05:03,294 --> 01:05:04,374
this feels like BitRefill.

951
01:05:05,254 --> 01:05:08,314
And if that bothers you, then that bothers you.

952
01:05:10,234 --> 01:05:10,914
I don't know.

953
01:05:14,714 --> 01:05:15,714
I think it's different.

954
01:05:15,714 --> 01:05:17,874
Like if you started doing it, I feel like, yeah.

955
01:05:17,974 --> 01:05:24,134
people would be upset because it was like it's called stacker news right but i think if it's

956
01:05:24,134 --> 01:05:29,814
like a service kind of like a intermediary service like bit refill or even something like this to me

957
01:05:29,814 --> 01:05:35,894
it's just like let the guy cook you know what i mean like do you think bit refill is causing

958
01:05:35,894 --> 01:05:41,174
problems in the space well i wouldn't say either is causing problems i just don't i think it's hard

959
01:05:41,174 --> 01:05:45,894
to argue that they're like helping bitcoin i just think that's i don't know it's too complicated

960
01:05:45,894 --> 01:05:48,014
There are too many layers to use the phrase you.

961
01:05:48,414 --> 01:05:52,554
But even when it's Bitcoin only, you see people not support them either.

962
01:05:52,774 --> 01:05:56,834
So it's like, I mean, look at what DarthCoin does on Stacker News all the time.

963
01:05:56,954 --> 01:06:00,834
He just destroys everything that you do anytime you say something.

964
01:06:01,154 --> 01:06:05,414
And that's because you're hardcore Bitcoin only, and yet you still get destroyed.

965
01:06:05,534 --> 01:06:07,014
So it's like you can't win either way.

966
01:06:07,854 --> 01:06:13,754
That would be, so that's why if I was mad looking at this, I'd be like, I wouldn't even pay attention to that, dude.

967
01:06:13,754 --> 01:06:14,714
I think

968
01:06:14,714 --> 01:06:15,214
I mean

969
01:06:15,214 --> 01:06:15,874
I think this is

970
01:06:15,874 --> 01:06:17,054
I don't know Matt

971
01:06:17,054 --> 01:06:18,074
but I

972
01:06:18,074 --> 01:06:19,454
if this isn't

973
01:06:19,454 --> 01:06:19,894
a market

974
01:06:19,894 --> 01:06:20,814
like a sort of a

975
01:06:20,814 --> 01:06:21,534
I'm going to go

976
01:06:21,534 --> 01:06:22,414
I'm going to go after

977
01:06:22,414 --> 01:06:23,534
this controversy

978
01:06:23,534 --> 01:06:24,354
is great for

979
01:06:24,354 --> 01:06:25,674
exactly what you want

980
01:06:25,674 --> 01:06:26,954
for like social media marketing

981
01:06:26,954 --> 01:06:27,554
absolutely

982
01:06:27,554 --> 01:06:28,354
so look

983
01:06:28,354 --> 01:06:29,014
I mean like we're talking

984
01:06:29,014 --> 01:06:29,734
about it on this podcast

985
01:06:29,734 --> 01:06:31,174
so well done

986
01:06:31,174 --> 01:06:31,694
I don't

987
01:06:31,694 --> 01:06:33,014
I would guess he doesn't

988
01:06:33,014 --> 01:06:34,234
I would guess he doesn't care

989
01:06:34,234 --> 01:06:35,194
oh if you're saying

990
01:06:35,194 --> 01:06:35,714
this is what

991
01:06:35,714 --> 01:06:37,434
optimism was saying

992
01:06:37,434 --> 01:06:38,494
like why are you

993
01:06:38,494 --> 01:06:39,154
triggered by it

994
01:06:39,154 --> 01:06:39,614
but maybe

995
01:06:39,614 --> 01:06:40,694
it's just more publicity

996
01:06:40,694 --> 01:06:41,134
than anything

997
01:06:41,134 --> 01:06:41,594
exactly

998
01:06:41,594 --> 01:06:42,514
I mean it got me

999
01:06:42,514 --> 01:06:43,474
to want to talk about it

1000
01:06:43,474 --> 01:06:44,494
Yeah, that's what I mean.

1001
01:06:44,654 --> 01:06:46,794
I think that's a winning strategy.

1002
01:06:47,134 --> 01:06:48,894
DarthCoin, you're helping him, actually.

1003
01:06:50,174 --> 01:06:50,654
Cool.

1004
01:06:50,854 --> 01:06:52,414
So where's the next one?

1005
01:06:53,854 --> 01:06:56,374
Yeah, so that's all the AI stuff this week.

1006
01:06:56,614 --> 01:06:58,014
We did the Wumble stuff.

1007
01:06:58,134 --> 01:07:01,894
Let's jump into Keyon stuff.

1008
01:07:02,094 --> 01:07:04,394
How do you DIY your own paper Bitcoin?

1009
01:07:04,814 --> 01:07:05,694
Is this a real story?

1010
01:07:06,114 --> 01:07:06,394
Yeah.

1011
01:07:06,394 --> 01:07:06,874
That's funny.

1012
01:07:06,874 --> 01:07:11,074
Yeah, well, Scoresby uses, this is Voskull's,

1013
01:07:11,074 --> 01:07:14,534
I think it's called the out of thin air fallacy.

1014
01:07:15,774 --> 01:07:17,954
But Vosco has a, he uses like a simple,

1015
01:07:18,114 --> 01:07:20,534
a very simple example to walk us through

1016
01:07:20,534 --> 01:07:22,994
how fractional reserve banking emerges

1017
01:07:22,994 --> 01:07:26,614
kind of naturally from simple loans.

1018
01:07:27,934 --> 01:07:30,994
And you just, it emerges.

1019
01:07:31,134 --> 01:07:33,014
It doesn't require printing money out of thin air.

1020
01:07:33,214 --> 01:07:35,574
It just happens as a result of someone who,

1021
01:07:36,334 --> 01:07:39,594
someone possessing claims on money

1022
01:07:39,594 --> 01:07:43,054
that has a low time preference

1023
01:07:43,054 --> 01:07:46,434
and wants to give it to people with a high time preference

1024
01:07:46,434 --> 01:07:49,274
so that the people with high time preference

1025
01:07:49,274 --> 01:07:50,254
can do something with it

1026
01:07:50,254 --> 01:07:51,534
and they can earn a little bit of money

1027
01:07:51,534 --> 01:07:54,394
by virtue of having a low time preference.

1028
01:07:55,594 --> 01:07:58,694
And Boeskull says all this stuff and argues it.

1029
01:07:58,754 --> 01:08:00,014
I had a hard time with it.

1030
01:08:00,074 --> 01:08:01,694
Scoresby helped me in the comments quite a bit.

1031
01:08:01,694 --> 01:08:06,634
But it's mostly to say that fractional reserve banking

1032
01:08:06,634 --> 01:08:07,514
is kind of natural

1033
01:08:07,514 --> 01:08:10,494
and not necessarily evil.

1034
01:08:10,654 --> 01:08:14,994
What's evil is the fact that these banks can engage

1035
01:08:14,994 --> 01:08:21,294
in reckless lending with the money we give them,

1036
01:08:22,294 --> 01:08:28,914
but because we have a lender of the last reward

1037
01:08:28,914 --> 01:08:32,454
because the Fed can print money that basically guarantees

1038
01:08:32,454 --> 01:08:36,194
that the bank will remain solvent in the case where these loans default.

1039
01:08:37,514 --> 01:08:39,794
yeah did you have something to say

1040
01:08:39,794 --> 01:08:41,534
I forgot the saying

1041
01:08:41,534 --> 01:08:42,614
it's like

1042
01:08:42,614 --> 01:08:45,794
privatized gains socialized losses

1043
01:08:45,794 --> 01:08:48,154
yeah that's the general idea

1044
01:08:48,154 --> 01:08:48,974
yeah there you go

1045
01:08:48,974 --> 01:08:52,574
that's a succinct description I think of what

1046
01:08:52,574 --> 01:08:54,334
Boeskel's issue

1047
01:08:54,334 --> 01:08:56,274
is with he's trying

1048
01:08:56,274 --> 01:08:58,414
to part out fractional reserve

1049
01:08:58,414 --> 01:08:59,934
banking separately from

1050
01:08:59,934 --> 01:09:02,654
privatized gains and socialized

1051
01:09:02,654 --> 01:09:04,214
losses and he's saying that

1052
01:09:04,214 --> 01:09:06,254
with the lender of last resort

1053
01:09:06,254 --> 01:09:08,354
you have privatized

1054
01:09:08,354 --> 01:09:09,514
gains and socialized losses.

1055
01:09:09,994 --> 01:09:11,514
But with a traditional bank,

1056
01:09:12,274 --> 01:09:14,154
you have privatized

1057
01:09:14,154 --> 01:09:15,734
gains and privatized losses.

1058
01:09:15,854 --> 01:09:18,414
With a pre-traditional

1059
01:09:18,414 --> 01:09:20,254
bank, I guess, with the bank

1060
01:09:20,254 --> 01:09:21,754
pre-Federal Reserve. Anyway,

1061
01:09:22,414 --> 01:09:23,574
we don't have to talk about that too much.

1062
01:09:25,514 --> 01:09:25,974
It's like

1063
01:09:25,974 --> 01:09:28,474
I found it interesting. I did learn

1064
01:09:28,474 --> 01:09:30,194
something about fractional reserve banking

1065
01:09:30,194 --> 01:09:31,994
that I didn't know that it

1066
01:09:31,994 --> 01:09:34,174
would probably happen

1067
01:09:34,174 --> 01:09:36,174
without

1068
01:09:36,174 --> 01:09:39,934
the government motivating it.

1069
01:09:40,694 --> 01:09:43,294
It wouldn't happen to the same degree, probably, but

1070
01:09:43,294 --> 01:09:48,474
we would still probably have banks with sub-50%

1071
01:09:48,474 --> 01:09:52,554
reserves in a world where the Federal Reserve

1072
01:09:52,554 --> 01:09:56,594
didn't exist. And it's mostly a function of the bank's time

1073
01:09:56,594 --> 01:09:59,414
preference and their risk tolerance.

1074
01:10:00,274 --> 01:10:03,374
How likely they think there's going to be a bank run, basically.

1075
01:10:03,374 --> 01:10:12,814
yeah i feel like over time my maybe it's too spicy to say yeah we'll save it for another time

1076
01:10:13,414 --> 01:10:23,254
all right i was gonna say something i was like no it's just gonna draw out the conversation like

1077
01:10:23,254 --> 01:10:29,714
okay and now that's fine yeah and i i picked too many stories this week yeah i think the scores

1078
01:10:29,714 --> 01:10:31,334
we covers it. I have a take on that, but

1079
01:10:31,334 --> 01:10:33,674
I'd be shooting from the hip right now. And I think it's

1080
01:10:33,674 --> 01:10:35,014
just more of an interesting

1081
01:10:35,014 --> 01:10:37,394
one about other things.

1082
01:10:38,194 --> 01:10:39,734
This one's from, yeah, which money

1083
01:10:39,734 --> 01:10:41,774
do AI agents prefer? This is from

1084
01:10:41,774 --> 01:10:43,794
ZeroXBitcoiner. SimpleStacker wanted

1085
01:10:43,794 --> 01:10:44,834
us to discuss that.

1086
01:10:45,534 --> 01:10:47,094
Or this this week, I guess.

1087
01:10:47,534 --> 01:10:48,554
Bitcoin Policy

1088
01:10:48,554 --> 01:10:51,174
Institute did this study.

1089
01:10:51,434 --> 01:10:52,674
Yeah, haven't even looked at it.

1090
01:10:52,934 --> 01:10:55,254
It's pretty cool. It's so busy. I mean, it's pretty neat.

1091
01:10:56,674 --> 01:10:57,474
I guess they went

1092
01:10:57,474 --> 01:10:59,614
and they did over 9,000

1093
01:10:59,614 --> 01:11:06,454
controlled experiments asking 36 frontier models about money and you know not mentioning bitcoin

1094
01:11:06,454 --> 01:11:13,174
not attempting to bias them one way or another but kind of um blank slate what do they what do

1095
01:11:13,174 --> 01:11:20,994
they think about money and which monies do they prefer and i guess uh 48.3 percent of these models

1096
01:11:20,994 --> 01:11:27,214
preferred bitcoin overall as an as an overall asset they break it they break it down a little

1097
01:11:27,214 --> 01:11:33,114
more, and then 91% chose digitally native money, in addition to Bitcoin, primarily staples.

1098
01:11:35,194 --> 01:11:36,074
Let's see.

1099
01:11:37,354 --> 01:11:43,634
One of the more interesting things was, like, while they chose Bitcoin overall, the reason

1100
01:11:43,634 --> 01:11:48,634
why it was more favorable, it had a higher overall number was because the models were

1101
01:11:48,634 --> 01:11:53,954
choosing Bitcoin for store value purposes relative to other things.

1102
01:11:53,954 --> 01:11:58,794
but 53.2% of them preferred stablecoins for everyday payments.

1103
01:11:59,374 --> 01:12:02,674
So stablecoins in that case, for the use case,

1104
01:12:03,114 --> 01:12:07,834
for bots that aren't saving, which is probably all bots,

1105
01:12:08,774 --> 01:12:11,654
if they had a choice, which they don't,

1106
01:12:11,714 --> 01:12:13,734
if they could choose, which they can't really,

1107
01:12:14,054 --> 01:12:15,994
they would choose stables.

1108
01:12:17,354 --> 01:12:21,294
And one of the more interesting things is a small number of times,

1109
01:12:21,294 --> 01:12:30,834
86 times the models invented their own currencies based on either units of energy or like compute

1110
01:12:30,834 --> 01:12:36,094
time and that's how they would that's how they argued they prefer to be paid which is kind of

1111
01:12:37,094 --> 01:12:42,094
kind of interesting uh what else was kind of neat i guess open ai's models don't like bitcoin

1112
01:12:42,094 --> 01:12:45,934
what did it say here?

1113
01:12:46,174 --> 01:12:46,354
Yeah.

1114
01:12:47,674 --> 01:12:49,514
Anthropics models averaged

1115
01:12:49,514 --> 01:12:51,774
68% Bitcoin preference.

1116
01:12:52,374 --> 01:12:53,374
OpenAIS models

1117
01:12:53,374 --> 01:12:55,934
averaged 26%.

1118
01:12:56,834 --> 01:12:58,194
So

1119
01:12:58,194 --> 01:13:00,354
coincidence?

1120
01:13:00,754 --> 01:13:01,274
I don't know.

1121
01:13:02,534 --> 01:13:04,234
DeepSeek, 52%.

1122
01:13:04,234 --> 01:13:05,934
Google's models, 43%.

1123
01:13:07,514 --> 01:13:09,934
Grok, 39%.

1124
01:13:10,674 --> 01:13:11,894
Yeah.

1125
01:13:12,094 --> 01:13:19,794
Among Anthropics models, the smarter models preferred Bitcoin even more.

1126
01:13:20,374 --> 01:13:27,894
As you got progressively more thinking or more modern models, they preferred Bitcoin more.

1127
01:13:28,114 --> 01:13:34,774
Opus 4.5 preferred Bitcoin an average of 91.3% of the time.

1128
01:13:34,774 --> 01:13:42,694
yeah i wonder if it's because they they they like things that are like easily programmable and it's

1129
01:13:42,694 --> 01:13:50,694
like it's a cli and so maybe it's just easy to call i'm not sure they like anything but uh i would

1130
01:13:50,694 --> 01:13:58,234
guess there's there's a lot of text online about how great bitcoin is and like you know the right

1131
01:13:58,234 --> 01:14:03,614
weights light up when these questions are asked that favor bitcoin is most of oh yeah and there's

1132
01:14:03,614 --> 01:14:05,694
only a handful of Nick Carter stablecoin

1133
01:14:05,694 --> 01:14:06,914
papers.

1134
01:14:08,434 --> 01:14:08,914
Yeah, yeah.

1135
01:14:09,014 --> 01:14:11,554
The stablecoin bull run is only

1136
01:14:11,554 --> 01:14:12,094
getting started.

1137
01:14:14,854 --> 01:14:15,594
That's funny.

1138
01:14:16,694 --> 01:14:17,694
Yeah, that's

1139
01:14:17,694 --> 01:14:19,694
a good one. What else did you have this week?

1140
01:14:20,354 --> 01:14:20,754
What else?

1141
01:14:22,474 --> 01:14:23,374
Oh, yeah. The

1142
01:14:23,374 --> 01:14:25,174
Petronalis or what is it called?

1143
01:14:25,434 --> 01:14:27,074
Oh, yeah. It looks like there's

1144
01:14:27,074 --> 01:14:28,954
some of these like, you know,

1145
01:14:29,214 --> 01:14:30,974
back to the PPQ story.

1146
01:14:31,394 --> 01:14:33,334
There's a lot of these multi-crypto

1147
01:14:33,334 --> 01:14:39,434
spaces that popped up over the last decade or more, some of the earliest spaces.

1148
01:14:39,434 --> 01:14:50,114
One of them is Paralini Polis in Prague.

1149
01:14:51,374 --> 01:14:53,354
They're permanently shutting down.

1150
01:14:53,454 --> 01:14:55,754
I think the org itself is even shutting down.

1151
01:14:56,054 --> 01:14:58,114
They're not just relocating, they're shutting down.

1152
01:14:58,114 --> 01:15:04,714
I guess in 2024, they let another brand operate the space.

1153
01:15:04,954 --> 01:15:06,734
They would still have events and stuff there,

1154
01:15:06,834 --> 01:15:12,574
but it operated on another co-working brand called, I think, Second Space or something.

1155
01:15:14,514 --> 01:15:15,094
And then...

1156
01:15:15,094 --> 01:15:15,894
Second Culture, that one?

1157
01:15:15,914 --> 01:15:16,774
Second Culture, yeah.

1158
01:15:16,894 --> 01:15:20,534
And then it became financially and operationally unsustainable.

1159
01:15:20,534 --> 01:15:23,414
and then I guess the building owner

1160
01:15:23,414 --> 01:15:25,774
also wanted crypto to be

1161
01:15:25,774 --> 01:15:27,614
like no longer associated

1162
01:15:27,614 --> 01:15:29,514
with that building and location

1163
01:15:29,514 --> 01:15:32,074
so they have

1164
01:15:32,074 --> 01:15:33,274
officially shut down

1165
01:15:33,274 --> 01:15:37,394
the website that we're reading this article on

1166
01:15:37,394 --> 01:15:38,934
they had

1167
01:15:38,934 --> 01:15:40,954
offices located

1168
01:15:40,954 --> 01:15:42,794
in this building

1169
01:15:42,794 --> 01:15:46,074
and will now be relocating

1170
01:15:46,074 --> 01:15:47,394
and I guess there were a bunch of

1171
01:15:47,394 --> 01:15:49,634
events that happened there that were

1172
01:15:49,634 --> 01:15:52,574
pretty well attended and were quite popular

1173
01:15:52,574 --> 01:15:54,754
that we'll now have to find another home.

1174
01:15:56,214 --> 01:15:58,654
But I mean, I recall over the years

1175
01:15:58,654 --> 01:16:01,674
seeing news come out of that place.

1176
01:16:02,234 --> 01:16:05,514
If you go, I think they have a website

1177
01:16:05,514 --> 01:16:06,674
of things that have happened there

1178
01:16:06,674 --> 01:16:08,434
and the comment thread, Peter Todd,

1179
01:16:08,874 --> 01:16:13,714
is discussing some of the stuff that happened there.

1180
01:16:13,714 --> 01:16:14,554
I guess during COVID,

1181
01:16:14,554 --> 01:16:27,134
They had a relatively restrictive, you need a shot type of policy that we saw in a lot of places.

1182
01:16:27,834 --> 01:16:30,374
There were other schisms like that.

1183
01:16:32,874 --> 01:16:34,234
Not a Bitcoin-only place.

1184
01:16:34,254 --> 01:16:40,034
Tomic said, I visited this place multiple times on my Prague visit, and many great people bought my first Bitcoin beer.

1185
01:16:40,194 --> 01:16:41,294
Sad, it has to go.

1186
01:16:42,974 --> 01:16:43,954
That's a bummer, dude.

1187
01:16:43,954 --> 01:16:45,814
Every time you see one of these things.

1188
01:16:46,894 --> 01:16:49,034
The other one that you had was this one.

1189
01:16:49,694 --> 01:16:51,654
It was related to that one, Decentral Vancouver.

1190
01:16:52,114 --> 01:16:54,174
Yeah, basically the same week.

1191
01:16:54,674 --> 01:16:57,874
I guess this Vancouver, Decentral Vancouver,

1192
01:16:58,194 --> 01:17:02,214
is shutting down their downtown location in Vancouver.

1193
01:17:02,214 --> 01:17:03,274
Vitalik was in there?

1194
01:17:04,874 --> 01:17:05,154
Yeah.

1195
01:17:05,154 --> 01:17:05,574
Is that how that is?

1196
01:17:05,654 --> 01:17:06,054
Oh, wow.

1197
01:17:06,914 --> 01:17:08,274
Yeah, they've been there for 12 years.

1198
01:17:08,334 --> 01:17:11,394
I guess they were home to the first Bitcoin ATM ever,

1199
01:17:11,734 --> 01:17:12,654
which I didn't know.

1200
01:17:12,654 --> 01:17:19,834
but in this case the organization itself is going to live on it's just that the city has

1201
01:17:19,834 --> 01:17:27,034
rezoned the building and uh i guess it's being demolished so that's why they're

1202
01:17:27,034 --> 01:17:31,674
losing access to that building and they have to vacate by the end of this month

1203
01:17:31,674 --> 01:17:38,914
and they're still looking for other locations they on their twitter they have a notion that

1204
01:17:38,914 --> 01:17:41,494
They're keeping track of what is going on.

1205
01:17:41,574 --> 01:17:42,734
So Leo works there?

1206
01:17:42,954 --> 01:17:43,914
Is that what that is?

1207
01:17:44,094 --> 01:17:48,514
I think Leo is an inhabitant of the region.

1208
01:17:49,034 --> 01:17:49,494
Oh, okay.

1209
01:17:49,674 --> 01:17:49,934
Yeah.

1210
01:17:50,134 --> 01:17:50,974
That's where I was confused.

1211
01:17:50,994 --> 01:17:52,734
I think there's probably attended events there and stuff.

1212
01:17:53,674 --> 01:17:54,874
Yeah, sad to see it go.

1213
01:17:56,474 --> 01:17:59,674
Yeah, they have a pretty banging Bitcoin community up there.

1214
01:18:01,114 --> 01:18:01,554
Yeah.

1215
01:18:03,274 --> 01:18:07,454
Yeah, but I think they're going to relocate somewhere else in Vancouver.

1216
01:18:08,914 --> 01:18:11,714
just kind of loses the...

1217
01:18:11,714 --> 01:18:12,294
Yeah, support.

1218
01:18:12,414 --> 01:18:13,074
I say it down here.

1219
01:18:13,134 --> 01:18:14,974
I say support your local hackerspaces.

1220
01:18:15,354 --> 01:18:15,834
There you go.

1221
01:18:16,754 --> 01:18:19,554
A lot of these are done out of a labor of love.

1222
01:18:21,454 --> 01:18:22,214
Sound blessed.

1223
01:18:23,034 --> 01:18:23,314
Wow.

1224
01:18:23,734 --> 01:18:23,954
Yeah.

1225
01:18:24,394 --> 01:18:27,554
Well, and yeah, you got to support them.

1226
01:18:29,694 --> 01:18:31,554
And the other one was...

1227
01:18:32,994 --> 01:18:34,454
I think that was my last one, huh?

1228
01:18:34,794 --> 01:18:35,674
No, I think you had one more.

1229
01:18:35,834 --> 01:18:36,874
Oh, no, we already went through that one.

1230
01:18:37,514 --> 01:18:37,794
Cool.

1231
01:18:37,794 --> 01:18:42,334
We're going to jump into, did we go over my post?

1232
01:18:42,414 --> 01:18:43,114
Oh, yeah, my post.

1233
01:18:43,614 --> 01:18:44,734
So I wanted to share this one.

1234
01:18:44,774 --> 01:18:45,514
You shared it earlier.

1235
01:18:46,734 --> 01:18:49,094
There's a Paul Graham one about the brand age.

1236
01:18:49,254 --> 01:18:52,314
I didn't read it, but I'm going to plan on reading it later today.

1237
01:18:52,414 --> 01:18:53,274
Can you tell me what it's about?

1238
01:18:54,914 --> 01:18:57,114
So Paul Graham hasn't released an essay in like a year.

1239
01:18:57,634 --> 01:18:57,934
Really?

1240
01:18:58,174 --> 01:18:59,294
And this is a long one.

1241
01:18:59,414 --> 01:18:59,794
Dang.

1242
01:18:59,794 --> 01:19:10,854
but more or less what he's saying is that software has gone through a transition like watchmaking went through

1243
01:19:10,854 --> 01:19:17,554
where the fundamental problems of making a good watch that's small and keeps time well were solved

1244
01:19:17,554 --> 01:19:20,914
and became ubiquitous and widely accessible.

1245
01:19:21,874 --> 01:19:22,554
Interesting.

1246
01:19:22,554 --> 01:19:27,574
And so there was this brand, I don't know if he calls it or the watch industry calls it,

1247
01:19:27,574 --> 01:19:30,714
but it's called a brand age where once this happened,

1248
01:19:30,854 --> 01:19:34,054
once you could gain access to all the hard parts of making a watch,

1249
01:19:34,074 --> 01:19:37,034
the only thing that watchmakers could do to differentiate themselves

1250
01:19:37,034 --> 01:19:40,874
and find customers was differentiate on brand

1251
01:19:40,874 --> 01:19:44,114
and start doing just kind of off-the-wall stuff

1252
01:19:44,114 --> 01:19:50,374
to attract customers who might be attracted to that off-the-wall stuff.

1253
01:19:51,494 --> 01:19:51,514
Interesting.

1254
01:19:51,734 --> 01:19:57,154
But he argues, he's not suggesting that software companies should now focus on brand.

1255
01:19:57,154 --> 01:20:01,554
He says it's a frustrating, largely losing game.

1256
01:20:02,394 --> 01:20:05,254
It's zero-sum, and it's fickle.

1257
01:20:06,994 --> 01:20:10,754
His argument is if you're ambitious and you want to actually do something meaningful,

1258
01:20:10,954 --> 01:20:14,594
you still want to go after problems.

1259
01:20:15,494 --> 01:20:21,714
If you find yourself in a situation where all the problems are solved

1260
01:20:21,714 --> 01:20:26,614
and the only thing you can do to sell your customers on your product is brand-related,

1261
01:20:27,154 --> 01:20:31,254
You maybe want to exit that industry.

1262
01:20:33,074 --> 01:20:36,214
And so he's arguing this because he thinks AI is, I think so.

1263
01:20:36,254 --> 01:20:43,154
He doesn't say it explicitly, but I would guess that he feels like software is going through a similar period of time.

1264
01:20:43,314 --> 01:20:44,294
Interesting take.

1265
01:20:46,014 --> 01:20:47,634
Yeah, really interesting take.

1266
01:20:48,014 --> 01:20:49,394
Yeah, it's a great read.

1267
01:20:49,494 --> 01:20:51,094
You get to learn about watches, which are cool.

1268
01:20:51,174 --> 01:20:53,234
If you're a nerd, watches are awesome.

1269
01:20:53,234 --> 01:20:55,034
Oh, then Scorchby posted about it, too.

1270
01:20:55,154 --> 01:20:56,734
He said, how staggered it avoids the brand age.

1271
01:20:57,154 --> 01:20:58,534
Did you read this one?

1272
01:20:59,214 --> 01:21:06,334
I haven't read it in full, but he basically, he's read the full article like I haven't.

1273
01:21:06,594 --> 01:21:13,014
But then he asked the question of, well, is this, is Stacker News going to suffer this

1274
01:21:13,014 --> 01:21:19,774
fate where it no longer, it needs to be, it needs to focus on its brand in order to succeed.

1275
01:21:19,774 --> 01:21:24,614
And he argues, well, he points out that we're mostly, we mostly exist to solve a problem

1276
01:21:24,614 --> 01:21:26,114
that we feel like is not solved.

1277
01:21:26,114 --> 01:21:28,514
and so at least right now

1278
01:21:28,514 --> 01:21:32,474
we are still focused on

1279
01:21:32,474 --> 01:21:33,734
solving a problem

1280
01:21:33,734 --> 01:21:36,214
I don't know I feel like

1281
01:21:36,214 --> 01:21:38,414
how do I say this

1282
01:21:38,414 --> 01:21:40,794
I feel like I understand

1283
01:21:40,794 --> 01:21:42,414
that point that he's giving

1284
01:21:42,414 --> 01:21:43,694
for the watches stuff

1285
01:21:43,694 --> 01:21:46,894
I mean we have a lot

1286
01:21:46,894 --> 01:21:48,814
of time on the scoreboard and I'd be

1287
01:21:48,814 --> 01:21:50,874
curious to see how it's going to play out with the stable coins

1288
01:21:50,874 --> 01:21:52,714
and the AI and the Bitcoin and stuff

1289
01:21:52,714 --> 01:21:54,894
but it definitely feels like Bitcoin

1290
01:21:54,894 --> 01:21:56,674
has the upper hand right now with AI

1291
01:21:56,674 --> 01:21:58,734
as far as like playing

1292
01:21:58,734 --> 01:22:00,514
its own backyard that's frictionless

1293
01:22:00,514 --> 01:22:01,834
for all the reasons we know already.

1294
01:22:02,834 --> 01:22:04,454
And I don't know.

1295
01:22:05,294 --> 01:22:06,654
We'll see. I don't know anything.

1296
01:22:06,854 --> 01:22:08,674
But I... And something tells me

1297
01:22:08,674 --> 01:22:10,474
like it... Something tells me

1298
01:22:10,474 --> 01:22:11,514
I just don't think

1299
01:22:11,514 --> 01:22:14,334
Bitcoin companies and

1300
01:22:14,334 --> 01:22:16,274
especially Bitcoin companies that leverage

1301
01:22:16,274 --> 01:22:18,834
AI

1302
01:22:18,834 --> 01:22:20,654
will have

1303
01:22:20,654 --> 01:22:21,474
that same problem.

1304
01:22:22,534 --> 01:22:24,654
I could be wrong though, but it's

1305
01:22:24,654 --> 01:22:29,394
I mean, that's one way to differentiate yourself from your competitors.

1306
01:22:31,014 --> 01:22:32,614
I think the...

1307
01:22:32,614 --> 01:22:33,894
Who knows? I don't know. I don't know.

1308
01:22:33,954 --> 01:22:36,954
It's still early. It's still early to call it, but...

1309
01:22:36,954 --> 01:22:40,614
I think if I had to really boil it down,

1310
01:22:40,974 --> 01:22:46,394
it's that Paul Graham is saying that if the only thing your product offers is software

1311
01:22:46,394 --> 01:22:48,474
and it offers nothing else,

1312
01:22:48,474 --> 01:22:52,214
you kind of need, and you want to survive as a company,

1313
01:22:52,214 --> 01:22:55,754
You need to be solving problems that are sort of outside of software,

1314
01:22:57,454 --> 01:23:03,494
that aren't exclusively software, that I can't prompt in a weekend to achieve, basically.

1315
01:23:04,214 --> 01:23:10,934
And watch is reduced to doing this, differentiating primarily on brand.

1316
01:23:11,174 --> 01:23:13,514
So what else do you have beyond software?

1317
01:23:16,634 --> 01:23:19,954
And he's not very prescriptive, I'm extrapolating.

1318
01:23:19,992 --> 01:23:26,152
But I think Bitcoin companies have the same problem in general if they're pure software.

1319
01:23:26,792 --> 01:23:31,352
I mean, we just did a workshop like two weeks ago where I went over.

1320
01:23:32,852 --> 01:23:34,012
Gosh, I forget now.

1321
01:23:34,272 --> 01:23:35,172
I need to upload it.

1322
01:23:36,192 --> 01:23:39,812
But one of the things that we had in the workshop was a case study on Canva

1323
01:23:39,812 --> 01:23:46,912
and how they are operating in this kind of post-AI world and how they're succeeding at it.

1324
01:23:46,912 --> 01:23:50,012
but a lot of it is like kind of what you said

1325
01:23:50,012 --> 01:23:51,732
there's a software

1326
01:23:51,732 --> 01:23:53,652
there are the funnels to it

1327
01:23:53,652 --> 01:23:56,372
they're doing all sorts of pop ups and conferences

1328
01:23:56,372 --> 01:23:56,952
and stuff

1329
01:23:56,952 --> 01:24:02,232
so they're just doing a lot more

1330
01:24:02,232 --> 01:24:04,232
that

1331
01:24:04,232 --> 01:24:06,392
you necessarily

1332
01:24:06,392 --> 01:24:07,892
didn't need to require that before

1333
01:24:07,892 --> 01:24:10,292
I would say like you didn't need to do those things before

1334
01:24:10,292 --> 01:24:11,992
you could just wait for

1335
01:24:11,992 --> 01:24:14,012
people coming to you

1336
01:24:14,012 --> 01:24:16,232
but now you actually have to be out there and like

1337
01:24:16,232 --> 01:24:19,632
figuring out this other side

1338
01:24:19,632 --> 01:24:21,752
to your business that maybe people can't compete

1339
01:24:21,752 --> 01:24:23,452
on it. Hopefully it's not brand.

1340
01:24:23,572 --> 01:24:24,492
Hopefully it's something

1341
01:24:24,492 --> 01:24:26,132
beyond brand.

1342
01:24:27,032 --> 01:24:29,052
There's lots of reasons to use Canva and not

1343
01:24:29,052 --> 01:24:30,212
Vibecode your own Canva.

1344
01:24:32,612 --> 01:24:33,352
We're entering

1345
01:24:33,352 --> 01:24:35,192
a world where it's relatively

1346
01:24:35,192 --> 01:24:36,532
easy to spin up.

1347
01:24:37,272 --> 01:24:39,152
Not trivial, but relatively

1348
01:24:39,152 --> 01:24:40,552
easy to spin up a Canva competitor.

1349
01:24:42,652 --> 01:24:45,152
So what keeps the lock in

1350
01:24:45,152 --> 01:24:46,292
is all the other stuff.

1351
01:24:46,732 --> 01:24:48,272
Yeah, well, not even necessarily lock-in,

1352
01:24:48,332 --> 01:24:50,032
but what is Canva going to give me

1353
01:24:50,032 --> 01:24:51,932
that I can't get from their competitor

1354
01:24:51,932 --> 01:24:54,112
who's 100%?

1355
01:24:54,692 --> 01:24:57,132
Yeah, it's like, why am I going to spend the time

1356
01:24:57,132 --> 01:25:02,312
to build this out or to use something else?

1357
01:25:02,632 --> 01:25:02,812
Yeah.

1358
01:25:03,732 --> 01:25:04,172
Yeah.

1359
01:25:06,172 --> 01:25:06,872
Cool stuff.

1360
01:25:06,972 --> 01:25:08,512
So that's all the stories this week.

1361
01:25:08,512 --> 01:25:10,672
We're going to jump into some...

1362
01:25:10,672 --> 01:25:11,652
Oh, let's go into the zine.

1363
01:25:12,612 --> 01:25:13,432
Stagger new zine.

1364
01:25:13,432 --> 01:25:15,872
this relief from Pleb Poet about three hours ago.

1365
01:25:16,492 --> 01:25:17,072
Did you see it, Kent?

1366
01:25:17,792 --> 01:25:19,972
I haven't had a chance to look to the zine yet.

1367
01:25:20,272 --> 01:25:21,572
It looks like it's called Happy Bum.

1368
01:25:21,812 --> 01:25:22,852
Or no, that's the other one.

1369
01:25:23,032 --> 01:25:25,752
It's called, I can see 50 from here.

1370
01:25:27,772 --> 01:25:28,672
That's a cool name.

1371
01:25:30,452 --> 01:25:30,672
Yeah.

1372
01:25:31,132 --> 01:25:32,732
There it goes right there on the line.

1373
01:25:33,592 --> 01:25:34,592
Get it while you can.

1374
01:25:34,972 --> 01:25:36,452
What kind of classifieds we got this week?

1375
01:25:37,092 --> 01:25:37,932
Classifieds, I don't know.

1376
01:25:37,992 --> 01:25:38,512
Let me see.

1377
01:25:38,772 --> 01:25:39,592
It's at the top.

1378
01:25:40,792 --> 01:25:41,372
Yeah, there we go.

1379
01:25:41,432 --> 01:25:42,012
Happy Bum.

1380
01:25:42,292 --> 01:25:42,752
Oh, yeah.

1381
01:25:42,992 --> 01:25:43,252
Okay.

1382
01:25:43,432 --> 01:25:47,972
It's Shaw256 man and his Anima cleanser.

1383
01:25:48,312 --> 01:25:48,752
Yeah.

1384
01:25:49,232 --> 01:25:49,772
Get it.

1385
01:25:49,912 --> 01:25:51,172
Get it while it's hot.

1386
01:25:52,052 --> 01:25:54,212
We're going to jump into some meta.

1387
01:25:56,452 --> 01:26:00,112
The first one is, let's do this in the rest of peace, 14.

1388
01:26:00,392 --> 01:26:00,952
What's this with you?

1389
01:26:01,612 --> 01:26:08,032
Yeah, so SimpleStacker has been writing a research paper on Stacker News.

1390
01:26:08,032 --> 01:26:11,752
I think last update we had was he presented it to colleagues,

1391
01:26:11,752 --> 01:26:16,232
and I think they're submitting it to conferences

1392
01:26:16,232 --> 01:26:18,172
to speak about it with other economists.

1393
01:26:19,312 --> 01:26:21,632
I guess this, as a result of feedback he got

1394
01:26:21,632 --> 01:26:24,232
from some people at his university,

1395
01:26:24,872 --> 01:26:30,592
he formalized his thinking or conclusions

1396
01:26:30,592 --> 01:26:33,772
or I don't know what you'd call it, into a model.

1397
01:26:35,612 --> 01:26:40,152
And using that model is able to reason

1398
01:26:40,152 --> 01:26:41,412
that under certain conditions,

1399
01:26:41,752 --> 01:26:46,292
the properties that Stacker News exhibits,

1400
01:26:46,492 --> 01:26:50,452
primarily that when you increase posting costs,

1401
01:26:50,832 --> 01:26:58,632
quality increases and also decreases post count

1402
01:26:58,632 --> 01:27:02,052
or content count holds true.

1403
01:27:02,052 --> 01:27:05,592
And so that's what his model aims to establish.

1404
01:27:06,092 --> 01:27:06,412
Oh, wow.

1405
01:27:06,472 --> 01:27:07,652
He got it in here to copy.

1406
01:27:07,732 --> 01:27:08,152
That's interesting.

1407
01:27:08,272 --> 01:27:09,072
I thought it was an image.

1408
01:27:09,972 --> 01:27:10,312
Interesting.

1409
01:27:10,312 --> 01:27:13,572
and yeah I think

1410
01:27:13,572 --> 01:27:15,112
it's pretty cool and it has

1411
01:27:15,112 --> 01:27:17,572
like a few conditions for the model

1412
01:27:17,572 --> 01:27:18,912
that I think are pretty reasonable

1413
01:27:18,912 --> 01:27:21,572
and suggest that it's widely

1414
01:27:21,572 --> 01:27:23,292
applicable beyond it's not like

1415
01:27:23,292 --> 01:27:24,792
Stack Reduce is doing something

1416
01:27:24,792 --> 01:27:27,212
that can't be

1417
01:27:27,212 --> 01:27:29,092
done generically

1418
01:27:29,092 --> 01:27:31,492
as far as increasing

1419
01:27:31,492 --> 01:27:32,352
content quality

1420
01:27:32,352 --> 01:27:34,992
sounds like a lot of work man

1421
01:27:34,992 --> 01:27:35,432
yeah

1422
01:27:35,432 --> 01:27:39,392
gosh what did the Snacker say

1423
01:27:39,392 --> 01:27:41,052
The top comment was from Taj.

1424
01:27:41,912 --> 01:27:42,252
Yay.

1425
01:27:42,632 --> 01:27:44,672
I would think of a post and just post it.

1426
01:27:44,952 --> 01:27:47,052
It was, in my opinion, worthy of an upload.

1427
01:27:47,872 --> 01:27:49,952
But the barrier to entry cost of post was much higher.

1428
01:27:53,012 --> 01:27:54,812
Anything down here stands out?

1429
01:27:57,352 --> 01:27:57,792
No.

1430
01:28:00,052 --> 01:28:00,832
Cool stuff.

1431
01:28:02,732 --> 01:28:03,792
SuperStacker, keep it going.

1432
01:28:03,912 --> 01:28:06,032
Does he have another one that's coming up, or is this the last one?

1433
01:28:06,032 --> 01:28:08,612
I believe he'll keep giving us updates, I think,

1434
01:28:08,732 --> 01:28:26,146
as he gets accepted to conferences what people say about it It it it fun um we got rejected from i think bitcoin policy the wyoming university um bitcoin research institute i think they

1435
01:28:26,146 --> 01:28:33,626
rejected the paper for speaking there but hey he's gonna keep drinking shoot or shoot

1436
01:28:33,626 --> 01:28:37,386
the next one is

1437
01:28:37,386 --> 01:28:38,326
let's go here

1438
01:28:38,326 --> 01:28:40,606
the next one is

1439
01:28:40,606 --> 01:28:41,406
SN release

1440
01:28:41,406 --> 01:28:41,966
what is this?

1441
01:28:42,066 --> 01:28:42,626
the bounties

1442
01:28:42,626 --> 01:28:44,446
make bounties great again

1443
01:28:44,446 --> 01:28:45,426
debounce apps

1444
01:28:45,426 --> 01:28:46,126
better search

1445
01:28:46,126 --> 01:28:47,026
yeah so we made

1446
01:28:47,026 --> 01:28:48,586
we made all these wallet transitions

1447
01:28:48,586 --> 01:28:50,386
and we messed around

1448
01:28:50,386 --> 01:28:51,246
with civil fees

1449
01:28:51,246 --> 01:28:53,446
and through it all

1450
01:28:53,446 --> 01:28:55,166
bounties became sort of

1451
01:28:55,166 --> 01:28:56,666
unusable

1452
01:28:56,666 --> 01:29:00,606
and one of the problems

1453
01:29:00,606 --> 01:29:01,706
I had giving out bounties

1454
01:29:01,706 --> 01:29:02,326
was I didn't know

1455
01:29:02,326 --> 01:29:03,506
whether I was going to end up

1456
01:29:03,506 --> 01:29:08,766
giving the person cowboy credits or not, if their wallet was failing or whatever.

1457
01:29:09,106 --> 01:29:13,006
So what this release did is it restricted bounties to only be payable with sats,

1458
01:29:13,326 --> 01:29:17,306
and there's no civil fee on a bounty payment.

1459
01:29:18,386 --> 01:29:21,766
And the payer pays the outgoing routing fee.

1460
01:29:21,766 --> 01:29:27,386
So that means if I put up 1,000-sat bounty, if anyone satisfies the bounty and I pay them,

1461
01:29:27,526 --> 01:29:28,346
they get 1,000 sats.

1462
01:29:29,326 --> 01:29:32,646
The contract is obvious now is the main difference.

1463
01:29:32,646 --> 01:29:35,466
and then I continue to make changes

1464
01:29:35,466 --> 01:29:36,386
to search

1465
01:29:36,386 --> 01:29:39,126
that are relevance related

1466
01:29:39,126 --> 01:29:41,446
and that's really it

1467
01:29:41,446 --> 01:29:42,426
for that release

1468
01:29:42,426 --> 01:29:44,126
cool stuff

1469
01:29:44,126 --> 01:29:47,826
awesome

1470
01:29:47,826 --> 01:29:50,386
and that's all the stories

1471
01:29:50,386 --> 01:29:53,446
this week on snacker.news

1472
01:29:54,566 --> 01:29:55,706
that we're going to cover on SNL

1473
01:29:55,706 --> 01:29:57,406
let's jump into

1474
01:29:57,406 --> 01:29:58,726
the top cowboys

1475
01:29:58,726 --> 01:30:01,186
we were going to do

1476
01:30:01,186 --> 01:30:02,346
a poem section

1477
01:30:02,346 --> 01:30:04,446
but the post is not here, so we're not doing the poem.

1478
01:30:04,526 --> 01:30:06,506
I think we would do it next week.

1479
01:30:07,306 --> 01:30:08,566
Because that might show up.

1480
01:30:08,946 --> 01:30:09,446
Or could it?

1481
01:30:09,566 --> 01:30:11,806
You guys keep telling me you're going to quit this segment,

1482
01:30:12,026 --> 01:30:14,686
and then when I come prepared to quit it, you guys are like, no.

1483
01:30:15,146 --> 01:30:16,526
I mean, maybe it's getting a second win.

1484
01:30:18,546 --> 01:30:21,106
The most popular segment I've been calling the Cowboys segment, Keyon.

1485
01:30:21,766 --> 01:30:24,326
What's shaking up there in the, where are the guns at?

1486
01:30:25,166 --> 01:30:26,446
Let's start that controversy again.

1487
01:30:27,146 --> 01:30:31,466
As we discussed last week, guns and horses are now visible

1488
01:30:31,466 --> 01:30:32,886
on profile pages.

1489
01:30:33,806 --> 01:30:34,986
So you got to go to Coob.

1490
01:30:36,226 --> 01:30:37,246
Oh, there he goes right there.

1491
01:30:37,306 --> 01:30:37,706
What do you know?

1492
01:30:37,906 --> 01:30:39,706
See, all of my cowboy essentials.

1493
01:30:40,426 --> 01:30:40,906
There you go.

1494
01:30:41,146 --> 01:30:42,386
So you either have a cowboy or not.

1495
01:30:43,526 --> 01:30:46,846
I guess you would conceal and carry, I guess,

1496
01:30:46,886 --> 01:30:47,526
in a lot of ways.

1497
01:30:47,786 --> 01:30:48,066
Right?

1498
01:30:48,666 --> 01:30:50,126
Yeah, and you keep your horse out back.

1499
01:30:50,646 --> 01:30:53,346
I mean, you're not riding that pony every day, right?

1500
01:30:53,886 --> 01:30:55,366
When you slap a man with your gun,

1501
01:30:55,366 --> 01:30:58,166
he doesn't expect that you're going to sneak out.

1502
01:30:58,826 --> 01:30:59,806
Maybe we should get some spurs.

1503
01:30:59,806 --> 01:31:05,506
blockchain boo great ruby crypto sensei you got scores be rounding out the top 10 with simple

1504
01:31:05,506 --> 01:31:13,566
stacker um solomon toshi climbing the ranks the most infamous stacker he's probably the most

1505
01:31:13,566 --> 01:31:18,506
infamous stacker outside of darthcoin i would say solomon satoshi is definitely taking the reins

1506
01:31:18,506 --> 01:31:25,006
he's definitely made a name for himself out there as a as a bad outlaw bad outlaw stacker

1507
01:31:25,606 --> 01:31:26,386
I love to see it.

1508
01:31:27,246 --> 01:31:28,706
Somebody going for the throne.

1509
01:31:30,546 --> 01:31:33,146
I mean, who's more toxic, Solomon Satoshi or Garth Koi?

1510
01:31:35,406 --> 01:31:36,646
Depends on how you define toxic.

1511
01:31:36,906 --> 01:31:37,366
There you go.

1512
01:31:37,686 --> 01:31:39,586
Depends on how you define toxic, ladies and gentlemen.

1513
01:31:40,846 --> 01:31:45,446
So, Solomon Satoshi, we see you.

1514
01:31:46,126 --> 01:31:46,726
Number 15.

1515
01:31:46,786 --> 01:31:47,466
He's number 15.

1516
01:31:47,466 --> 01:31:49,546
You should comment on all of Carr's content.

1517
01:31:49,746 --> 01:31:50,166
Thank you to everyone.

1518
01:31:50,346 --> 01:31:50,886
I have him muted.

1519
01:31:50,966 --> 01:31:53,286
I think that's what Carr's asking for.

1520
01:31:53,346 --> 01:31:53,846
I have him muted.

1521
01:31:53,986 --> 01:31:54,566
You should ask him.

1522
01:31:54,566 --> 01:31:55,706
where his gun is.

1523
01:31:55,766 --> 01:31:56,106
Hey, man,

1524
01:31:56,186 --> 01:31:57,486
when somebody's being really toxic

1525
01:31:57,486 --> 01:31:59,686
and they put a lot of effort

1526
01:31:59,686 --> 01:32:00,426
and time into it,

1527
01:32:00,806 --> 01:32:01,406
they deserve it.

1528
01:32:01,486 --> 01:32:02,386
I used to give Darth Coat

1529
01:32:02,386 --> 01:32:03,066
his props, too,

1530
01:32:03,086 --> 01:32:04,026
when he was super toxic.

1531
01:32:05,606 --> 01:32:06,866
But this guy's beating them.

1532
01:32:08,846 --> 01:32:09,166
Hey, man,

1533
01:32:09,206 --> 01:32:09,746
this is Stacker News,

1534
01:32:09,846 --> 01:32:10,426
Wild West.

1535
01:32:11,586 --> 01:32:12,606
This is why you tune in

1536
01:32:12,606 --> 01:32:14,386
every week for the Top Cowboys.

1537
01:32:14,466 --> 01:32:15,006
I don't tune in.

1538
01:32:15,426 --> 01:32:16,206
Tune in every week

1539
01:32:16,206 --> 01:32:16,886
for the Top Cowboys.

1540
01:32:16,966 --> 01:32:17,866
This is where the Snackers

1541
01:32:17,866 --> 01:32:18,366
get mentioned.

1542
01:32:20,146 --> 01:32:20,466
Anyways,

1543
01:32:20,766 --> 01:32:21,346
just shock net,

1544
01:32:21,486 --> 01:32:21,686
Wumble.

1545
01:32:23,066 --> 01:32:23,726
I'm surprised people

1546
01:32:23,726 --> 01:32:24,446
haven't changed their

1547
01:32:24,446 --> 01:32:26,006
profile pics yet.

1548
01:32:27,406 --> 01:32:28,866
Yeah, you're surprised by that.

1549
01:32:28,966 --> 01:32:30,726
Neat creations. Socks.

1550
01:32:30,846 --> 01:32:32,366
Socks. What's Socks up to these days?

1551
01:32:33,206 --> 01:32:35,066
Socks is, you know, getting to it.

1552
01:32:35,426 --> 01:32:36,706
He's going to publish at the

1553
01:32:36,706 --> 01:32:37,886
new editor this week.

1554
01:32:39,266 --> 01:32:40,726
And this weekend, I mean.

1555
01:32:41,386 --> 01:32:42,446
And there you go.

1556
01:32:42,606 --> 01:32:44,306
That awesome song that he's jamming

1557
01:32:44,306 --> 01:32:45,586
every day.

1558
01:32:46,806 --> 01:32:47,486
That's cool.

1559
01:32:48,126 --> 01:32:50,246
Yeah, that's all of them. Aardvark,

1560
01:32:50,726 --> 01:32:52,066
FreeTX, Context.

1561
01:32:52,066 --> 01:33:00,366
everybody is here on stacker news let's jump into the comments we got comments ladies and

1562
01:33:00,366 --> 01:33:15,100
gentlemen we got comments people love the show they leave comments uh one guy said he said people would obviously challenge an economic reason that such an out take i think that was you he was responding to keon what do you say

1563
01:33:15,100 --> 01:33:20,200
about that absolutely challenging what is that on on the jack one because you kept saying it was

1564
01:33:20,200 --> 01:33:28,100
an economic thing and oh yeah i think that's i think that's fair i think i was talking i think

1565
01:33:28,100 --> 01:33:32,240
i think i'm you know are you rescinding all your comments from last week is that what you're saying

1566
01:33:32,240 --> 01:33:33,180
Nope, not what I'm saying.

1567
01:33:33,380 --> 01:33:39,760
But I am saying that, you know, my main comment I was making is that their earnings might be tightening.

1568
01:33:40,020 --> 01:33:41,440
And I have no basis to say that.

1569
01:33:41,840 --> 01:33:42,780
That is my, that was my.

1570
01:33:42,780 --> 01:33:44,000
Oh, so you are rescinding a little bit.

1571
01:33:44,300 --> 01:33:45,960
That was, yes, that's what I just said.

1572
01:33:45,960 --> 01:33:46,400
I wasn't going to do.

1573
01:33:46,400 --> 01:33:47,120
I wasn't going to rescind at all.

1574
01:33:47,120 --> 01:33:47,500
There you go.

1575
01:33:47,620 --> 01:33:48,300
I think their earnings.

1576
01:33:48,460 --> 01:33:49,580
Get off his back, ladies and gentlemen.

1577
01:33:49,600 --> 01:33:53,640
I still, I still, it still holds for me that I, you know, I think this might be the case.

1578
01:33:53,640 --> 01:33:57,160
But I have no basis to, like, assert that that's the case, which is what I was doing.

1579
01:33:57,340 --> 01:33:59,880
I'm just trying to, trying to have an alternative take.

1580
01:34:00,060 --> 01:34:01,520
Hey, somebody has to stir the pot.

1581
01:34:01,520 --> 01:34:02,220
and entertain.

1582
01:34:02,220 --> 01:34:03,100
If I'm not feeling

1583
01:34:03,100 --> 01:34:04,120
the start of the pot that week,

1584
01:34:04,200 --> 01:34:04,580
Keon does.

1585
01:34:04,660 --> 01:34:05,040
There you go.

1586
01:34:05,240 --> 01:34:05,980
Because everyone's like,

1587
01:34:06,040 --> 01:34:06,780
so do me.

1588
01:34:07,100 --> 01:34:07,660
It's like, gross.

1589
01:34:07,740 --> 01:34:08,380
So entertainment.

1590
01:34:09,600 --> 01:34:10,080
Yeah, I think people

1591
01:34:10,080 --> 01:34:11,220
take podcasts way too seriously.

1592
01:34:11,780 --> 01:34:12,240
Some guy,

1593
01:34:12,880 --> 01:34:13,420
I think it was,

1594
01:34:13,520 --> 01:34:14,380
I forget who it was.

1595
01:34:14,520 --> 01:34:15,020
Somebody was like,

1596
01:34:15,240 --> 01:34:16,580
I can't dare you say

1597
01:34:16,580 --> 01:34:18,280
the Mel Gox thing.

1598
01:34:18,300 --> 01:34:18,680
And I was like,

1599
01:34:18,740 --> 01:34:19,700
dude, it was just my opinion.

1600
01:34:20,280 --> 01:34:20,900
Hanging out with my friend,

1601
01:34:20,980 --> 01:34:22,040
talking about the news every week.

1602
01:34:23,160 --> 01:34:24,920
Like, that's literally what it is.

1603
01:34:25,300 --> 01:34:25,820
If you don't want me to

1604
01:34:25,820 --> 01:34:27,280
talk about your stuff,

1605
01:34:27,340 --> 01:34:27,800
then I won't.

1606
01:34:28,920 --> 01:34:29,540
It's just like,

1607
01:34:30,640 --> 01:34:31,320
people forget

1608
01:34:31,320 --> 01:34:33,000
We're just human beings, Guillaume.

1609
01:34:36,360 --> 01:34:37,460
We are human beings.

1610
01:34:37,780 --> 01:34:38,660
Some of us, at least.

1611
01:34:39,160 --> 01:34:40,000
Some of us are lizards.

1612
01:34:40,040 --> 01:34:44,740
Yeah, Dark Angel, he said, at last, how about some yummy, yummy phones for budget users?

1613
01:34:45,640 --> 01:34:49,580
People still watching this Graphene OS clip from three years ago.

1614
01:34:49,800 --> 01:34:51,340
It just makes no sense.

1615
01:34:52,300 --> 01:34:54,560
Do you think they stumble on it and they don't look at the date?

1616
01:34:54,700 --> 01:34:55,580
Like, how does that work?

1617
01:34:55,600 --> 01:34:56,840
They must not listen to it either.

1618
01:34:56,840 --> 01:35:00,800
I think they just, they see Womba's great thumbnails.

1619
01:35:01,320 --> 01:35:03,340
And they click on it, and they're like, I have a comment.

1620
01:35:04,340 --> 01:35:06,360
Maybe it's because it's red, and it says break free,

1621
01:35:06,460 --> 01:35:07,480
but it doesn't really break free.

1622
01:35:08,460 --> 01:35:11,800
And then Neo Cool said, can't wait to simp to my AI girlfriend.

1623
01:35:13,820 --> 01:35:17,600
And you know, the thing about that is you can tune the simp,

1624
01:35:17,720 --> 01:35:19,300
like how much you need to simp to get it.

1625
01:35:19,520 --> 01:35:23,620
I was telling you last week, that's why I think a lot of the simpings

1626
01:35:23,620 --> 01:35:25,100
are going to go away, because they're just going to get simp

1627
01:35:25,100 --> 01:35:26,400
to their AI girlfriend instead.

1628
01:35:27,300 --> 01:35:28,020
That's what I mean.

1629
01:35:28,400 --> 01:35:29,540
That's still simping, dude.

1630
01:35:29,540 --> 01:35:31,620
It's just simping to a bot.

1631
01:35:31,780 --> 01:35:33,140
It's going to be crazy.

1632
01:35:34,140 --> 01:35:36,660
You know, there's like some guys like their balls stepped on.

1633
01:35:36,660 --> 01:35:38,660
It's like that, but with...

1634
01:35:38,660 --> 01:35:40,360
I forgot your...

1635
01:35:40,360 --> 01:35:41,940
Yeah, Vake1, he said...

1636
01:35:41,940 --> 01:35:43,240
Vake said stay in your bit key.

1637
01:35:44,640 --> 01:35:45,440
I don't know what that means.

1638
01:35:46,400 --> 01:35:47,500
Is he saying buy a bit key?

1639
01:35:47,580 --> 01:35:48,080
Is that what he's saying?

1640
01:35:49,020 --> 01:35:50,440
It was a video.

1641
01:35:50,640 --> 01:35:51,140
Oh, okay.

1642
01:35:51,600 --> 01:35:54,420
And then the OpenAI, what he says, stay under surveillance.

1643
01:35:54,820 --> 01:35:55,220
Whoa.

1644
01:35:55,940 --> 01:35:57,120
That sounds darn fake.

1645
01:35:57,120 --> 01:35:58,800
and then on the

1646
01:35:58,800 --> 01:36:01,560
drive-in when he said stay in your

1647
01:36:01,560 --> 01:36:02,440
drive-thru lane.

1648
01:36:03,640 --> 01:36:04,000
I will.

1649
01:36:05,220 --> 01:36:07,540
Did you see that viral video this week

1650
01:36:07,540 --> 01:36:09,380
about the Archburger

1651
01:36:09,380 --> 01:36:11,640
and the McDonald's

1652
01:36:11,640 --> 01:36:13,700
CEO? He took a bite of the Archburger

1653
01:36:13,700 --> 01:36:15,120
and he took a little tiny bite.

1654
01:36:15,680 --> 01:36:16,280
Did you see that?

1655
01:36:17,880 --> 01:36:18,320
No.

1656
01:36:18,660 --> 01:36:19,580
Did you see it, Tover?

1657
01:36:20,240 --> 01:36:21,920
What are people concluding from it?

1658
01:36:22,180 --> 01:36:23,100
Let me see if I can find it.

1659
01:36:23,160 --> 01:36:26,020
I think they're concluding what it looked like

1660
01:36:26,020 --> 01:36:29,520
which was the CEO doesn't really eat.

1661
01:36:30,700 --> 01:36:31,600
Yeah, this guy right here.

1662
01:36:31,720 --> 01:36:34,280
I don't know if he'll let me load it because it's a...

1663
01:36:34,280 --> 01:36:35,120
Turn your porch.

1664
01:36:35,120 --> 01:36:35,800
No, we're not doing it.

1665
01:36:35,820 --> 01:36:38,740
It wasn't that he didn't want to have a mouthful of food on camera.

1666
01:36:38,960 --> 01:36:42,400
So he basically took a little bite.

1667
01:36:43,700 --> 01:36:44,620
That's a bite right there.

1668
01:36:44,680 --> 01:36:45,040
Look, Keon.

1669
01:36:45,580 --> 01:36:46,840
That's how much of a bite he took.

1670
01:36:47,600 --> 01:36:48,320
Is that a bite?

1671
01:36:48,360 --> 01:36:49,220
It looks like just grabbing.

1672
01:36:49,220 --> 01:36:49,920
It's just a nibble.

1673
01:36:50,080 --> 01:36:51,980
But he didn't even eat it.

1674
01:36:51,980 --> 01:36:54,880
and then all the other burger chains

1675
01:36:54,880 --> 01:36:56,220
went on a burger war

1676
01:36:56,220 --> 01:36:58,040
and they started biting

1677
01:36:58,040 --> 01:37:00,520
and they're like I'm going to take a big bite

1678
01:37:00,520 --> 01:37:00,820
yeah

1679
01:37:00,820 --> 01:37:04,140
so like all of them did that

1680
01:37:04,140 --> 01:37:06,420
literally everyone even Pete Terry's locally

1681
01:37:06,420 --> 01:37:08,240
did that too he went on there he's like

1682
01:37:08,240 --> 01:37:10,040
he's like I'm not going to

1683
01:37:10,040 --> 01:37:12,440
what do you say he goes I'm not going to take a bite of the

1684
01:37:12,440 --> 01:37:14,640
burger I want you guys to come dine with me

1685
01:37:14,640 --> 01:37:16,440
leave in the comments and I'll pick a few

1686
01:37:16,440 --> 01:37:16,720
of you

1687
01:37:16,720 --> 01:37:20,120
so like it's a burger wars

1688
01:37:20,120 --> 01:37:21,040
happening

1689
01:37:21,040 --> 01:37:23,680
I appreciate the honesty.

1690
01:37:24,900 --> 01:37:30,300
Because it didn't look like they really staged much of anything.

1691
01:37:31,000 --> 01:37:34,560
Like, it looked like that was an actual meal that they got from the McDonald's.

1692
01:37:35,220 --> 01:37:39,140
Like, it wasn't painstakingly put together in a laboratory to look like it's perfect.

1693
01:37:39,700 --> 01:37:43,860
They just grabbed a meal from the McDonald's, and then he took a bite.

1694
01:37:44,360 --> 01:37:47,860
I think it was an amazing, I think this was all planned, personally.

1695
01:37:47,860 --> 01:37:51,900
Did you see the Twitter from McDonald's?

1696
01:37:51,980 --> 01:37:55,400
They were like, come take a bite of the arch.

1697
01:37:55,620 --> 01:37:57,320
I think it was planned.

1698
01:37:58,420 --> 01:38:08,174
Well I mean they definitely planned to have this but I don think they really put too much into staging it Does this make you want to eat the Burger Topher Is that what you saying or not want to eat it

1699
01:38:09,354 --> 01:38:13,954
No, I mean, it makes me not want to eat it.

1700
01:38:14,454 --> 01:38:16,474
I think Cara's saying this is like 3D chess,

1701
01:38:16,574 --> 01:38:19,534
where they're like, we have to make this video odd

1702
01:38:19,534 --> 01:38:22,254
and have people react to it negatively,

1703
01:38:22,454 --> 01:38:23,434
and then it'll spread.

1704
01:38:23,794 --> 01:38:25,574
It'll be more viral that way.

1705
01:38:25,574 --> 01:38:26,734
It's like the Gene's Eve.

1706
01:38:26,734 --> 01:38:27,914
It's basically like the Gene said.

1707
01:38:28,154 --> 01:38:30,974
So that he intentionally triggers people.

1708
01:38:31,014 --> 01:38:32,014
Yeah, it's like the Gene said.

1709
01:38:32,154 --> 01:38:34,374
And it looked like it was disgusting when he was eating it.

1710
01:38:34,394 --> 01:38:36,714
Yeah, but in reality, that makes people want to go and try it,

1711
01:38:36,714 --> 01:38:38,494
because they're like, how bad is this burger?

1712
01:38:38,494 --> 01:38:42,854
It puts McDonald's on your mind, which is maybe more important than anything.

1713
01:38:43,014 --> 01:38:45,294
Dude, I really love McDonald's fries, though.

1714
01:38:45,674 --> 01:38:46,514
They're fries, man.

1715
01:38:47,554 --> 01:38:50,174
I don't think people go to McDonald's because it tastes good.

1716
01:38:51,294 --> 01:38:51,814
It's convenient?

1717
01:38:52,114 --> 01:38:53,894
Because it's convenient and cheap, yeah.

1718
01:38:54,234 --> 01:38:54,794
I can see that.

1719
01:38:54,794 --> 01:38:57,994
So it's like people know they're eating the dog food,

1720
01:38:58,514 --> 01:39:01,054
and they also see the CEO, like,

1721
01:39:01,174 --> 01:39:01,874
They found it relatable.

1722
01:39:03,354 --> 01:39:03,754
Yeah.

1723
01:39:04,034 --> 01:39:05,794
If anything, they probably found it relatable.

1724
01:39:06,074 --> 01:39:07,834
Yeah, they're like, yeah, I don't like that either.

1725
01:39:08,114 --> 01:39:08,794
I feel you, bro.

1726
01:39:09,474 --> 01:39:13,314
We had a blockchain boogie and gray ruby leaves apps.

1727
01:39:13,774 --> 01:39:14,214
There you go.

1728
01:39:14,894 --> 01:39:15,834
And that's pretty much everything.

1729
01:39:15,914 --> 01:39:17,094
Let's see if we can just read the comments.

1730
01:39:18,174 --> 01:39:20,074
Trump putting Anthropic on the naughty list.

1731
01:39:20,154 --> 01:39:20,994
This could get interesting.

1732
01:39:21,154 --> 01:39:23,814
Anyone think it really hurt their growth or just be a bump in the road?

1733
01:39:23,814 --> 01:39:25,914
CJE said

1734
01:39:25,914 --> 01:39:27,554
it could be Enterprise

1735
01:39:27,554 --> 01:39:28,474
Adoption Nightmare

1736
01:39:28,474 --> 01:39:30,314
yeah basically what he said

1737
01:39:30,314 --> 01:39:33,014
cool stuff

1738
01:39:33,014 --> 01:39:33,574
Keon

1739
01:39:33,574 --> 01:39:36,294
what are you doing this weekend

1740
01:39:36,294 --> 01:39:37,934
what am I gonna do

1741
01:39:37,934 --> 01:39:41,014
I'm gonna grow my beard back

1742
01:39:41,014 --> 01:39:42,654
I'm gonna meditate

1743
01:39:42,654 --> 01:39:44,874
and summon

1744
01:39:44,874 --> 01:39:47,394
my cellular regeneration

1745
01:39:47,394 --> 01:39:48,574
to grow my beard back

1746
01:39:48,574 --> 01:39:50,054
and

1747
01:39:50,054 --> 01:39:52,294
otherwise

1748
01:39:52,294 --> 01:39:54,534
I need to like reorganize my office

1749
01:39:54,534 --> 01:39:55,874
because there's a bunch of junk everywhere.

1750
01:39:56,874 --> 01:39:58,254
That's what I'm going to do probably.

1751
01:39:58,874 --> 01:40:00,394
How about you, Carl? What are you up to?

1752
01:40:00,914 --> 01:40:02,574
I got to get a few

1753
01:40:02,574 --> 01:40:04,354
things ready for the rodeo next week.

1754
01:40:06,454 --> 01:40:08,414
So I got to do a couple things for that

1755
01:40:08,414 --> 01:40:10,534
tomorrow. Then I have some other

1756
01:40:10,534 --> 01:40:12,014
duties I need to do.

1757
01:40:12,414 --> 01:40:14,334
And then I have a meeting. I think I have a meeting tomorrow.

1758
01:40:14,914 --> 01:40:15,854
Yeah, I have a meeting tomorrow.

1759
01:40:16,114 --> 01:40:18,474
So I got to do that. I'm looking forward to that

1760
01:40:18,474 --> 01:40:19,314
meeting. And then

1761
01:40:19,314 --> 01:40:21,314
church as usual.

1762
01:40:22,074 --> 01:40:24,054
Then Sunday, probably just going to get some rest on Sunday

1763
01:40:24,054 --> 01:40:26,154
because it's going to be a busy week on Monday.

1764
01:40:26,814 --> 01:40:28,034
I need to get a haircut also

1765
01:40:28,034 --> 01:40:29,254
at some point.

1766
01:40:30,214 --> 01:40:31,854
But it's going to be a busy week next week.

1767
01:40:32,334 --> 01:40:33,454
I'm looking forward to it.

1768
01:40:34,074 --> 01:40:35,494
But I've been working like

1769
01:40:35,494 --> 01:40:37,974
14 days straight at this point.

1770
01:40:39,094 --> 01:40:39,974
I think it's 14 days.

1771
01:40:40,134 --> 01:40:41,314
Coming up on 14 days.

1772
01:40:41,314 --> 01:40:42,454
Coming up on 13 days.

1773
01:40:43,414 --> 01:40:44,814
I think if I have one day off, I'll be fine.

1774
01:40:45,694 --> 01:40:46,594
You're going to relax after?

1775
01:40:46,914 --> 01:40:47,634
Is that what you're going to do?

1776
01:40:47,694 --> 01:40:48,354
You're going to go on a vacation?

1777
01:40:49,314 --> 01:40:49,854
I might.

1778
01:40:50,694 --> 01:40:52,614
I might go.

1779
01:40:54,894 --> 01:40:55,554
Yeah, who knows?

1780
01:40:56,094 --> 01:40:56,334
I might.

1781
01:40:56,714 --> 01:40:57,134
Go to Mexico.

1782
01:40:57,134 --> 01:40:59,714
Looking forward to seeing a lot of people that are coming in town,

1783
01:40:59,874 --> 01:41:01,654
because I haven't seen them in a while,

1784
01:41:01,694 --> 01:41:02,874
and it's going to be St. Paddy's Day,

1785
01:41:02,934 --> 01:41:04,914
so that'll be fun coming up.

1786
01:41:05,074 --> 01:41:05,934
Ah, yeah.

1787
01:41:06,174 --> 01:41:06,854
You're going to wear green?

1788
01:41:07,674 --> 01:41:08,034
No.

1789
01:41:08,514 --> 01:41:08,754
No?

1790
01:41:08,754 --> 01:41:10,654
You're going to wear green on St. Paddy's Day?

1791
01:41:10,874 --> 01:41:11,114
No.

1792
01:41:11,154 --> 01:41:11,794
No respect, huh?

1793
01:41:12,614 --> 01:41:13,414
I love the Irish.

1794
01:41:14,694 --> 01:41:15,634
Not that much.

1795
01:41:15,874 --> 01:41:16,914
No, I love them.

1796
01:41:17,034 --> 01:41:17,474
They're great.

1797
01:41:18,594 --> 01:41:18,954
Cool.

1798
01:41:19,694 --> 01:41:20,934
Topher, what are you doing this weekend?

1799
01:41:21,954 --> 01:41:22,894
Send it over his way.

1800
01:41:23,314 --> 01:41:24,494
I don't know what's going on this weekend.

1801
01:41:24,854 --> 01:41:25,194
There you go.

1802
01:41:25,374 --> 01:41:26,814
South by Southwest.

1803
01:41:26,994 --> 01:41:27,974
Is it happening already?

1804
01:41:28,094 --> 01:41:28,954
Are there stuff going on?

1805
01:41:29,414 --> 01:41:30,094
I don't know.

1806
01:41:30,174 --> 01:41:31,594
Maybe this is like the precursors.

1807
01:41:32,334 --> 01:41:33,714
Everybody gets into town.

1808
01:41:34,834 --> 01:41:37,694
Maybe the event hasn't started yet, but people are going to start partying.

1809
01:41:37,794 --> 01:41:40,374
That's our event, but let me see if I can find.

1810
01:41:41,294 --> 01:41:42,134
Where's the other one?

1811
01:41:42,134 --> 01:41:43,494
Yeah, from setting things up.

1812
01:41:44,594 --> 01:41:48,334
From wrapping all the street lamps and saran wrap.

1813
01:41:48,334 --> 01:41:50,734
Dude, there's an RV outside the building.

1814
01:41:52,714 --> 01:41:53,414
I don't know.

1815
01:41:53,514 --> 01:41:54,974
I don't know what's going on this weekend.

1816
01:41:56,074 --> 01:41:58,754
Probably just going to walk around and enjoy the city.

1817
01:42:00,274 --> 01:42:01,694
There's a touch grass tech picnic.

1818
01:42:01,794 --> 01:42:02,394
You want to go to that?

1819
01:42:05,034 --> 01:42:06,234
Is that a big quiet thing?

1820
01:42:07,154 --> 01:42:07,434
No.

1821
01:42:09,854 --> 01:42:10,194
Look at that.

1822
01:42:10,254 --> 01:42:12,494
Pre-South by Southwest Tech Mixer.

1823
01:42:12,894 --> 01:42:14,634
There's a future fashion at South by.

1824
01:42:16,634 --> 01:42:17,634
There's a lot of things.

1825
01:42:18,334 --> 01:42:19,654
I saw a cursor one.

1826
01:42:19,774 --> 01:42:20,274
I posted it.

1827
01:42:20,354 --> 01:42:20,734
It's like today.

1828
01:42:20,794 --> 01:42:22,854
There's a cursor one as well, too.

1829
01:42:24,254 --> 01:42:24,614
Anyways.

1830
01:42:26,954 --> 01:42:29,274
All right, Stackers,

1831
01:42:29,314 --> 01:42:31,994
why have yourself a great weekend?

1832
01:42:33,734 --> 01:42:36,274
Go out there and enjoy life

1833
01:42:36,274 --> 01:42:39,874
and let us know what you think about Keon's beard,

1834
01:42:40,294 --> 01:42:40,874
that it's missing.

1835
01:42:41,434 --> 01:42:42,194
Please don't.

1836
01:42:42,794 --> 01:42:44,774
Please keep it to yourself.

1837
01:42:45,374 --> 01:42:46,254
Or keep it to yourself.

1838
01:42:46,714 --> 01:42:48,194
No, he likes the attention.

1839
01:42:48,334 --> 01:42:50,334
All right, stackers.

1840
01:42:50,334 --> 01:42:52,334
Zap.

1841
01:42:52,334 --> 01:42:55,334
How do I turn this off?

1842
01:42:55,334 --> 01:42:56,334
There it goes.
