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If you're watching this video, you're going to learn three big things.

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Number one, why Bitcoin is digital money and backed by real world energy.

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Number two, AI agents are going to be buying and selling services automatically from one another

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using Bitcoin. And number three, how to stay grounded and do your own research.

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Nice. Today's guest is Michael. He is a super smart AI founder with a unique perspective on how AI and Bitcoin are two sides of the same coin.

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So if you're brand new to Bitcoin, come on inside the world's biggest Bitcoin welcome center for today's show.

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Welcome to Sat Chats, the Bitcoin podcast where we chat about sats.

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Sats are the smallest part of a Bitcoin the same way pennies are the smallest part of a dollar.

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With Sat Chats, we are building the world's biggest Bitcoin welcome center to serve as your gateway to generational wealth.

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So if you are brand new to Bitcoin, we want to chat about sats with you.

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Head to satchats.com to grab your slot in the studio today.

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I'm your host, Stuart.

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And I'm your co-host, Anna Bevan.

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And with us today in the actual studio is 181 Michael.

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So Michael, fellow middle school theater dad.

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That's right.

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It's a real niche group.

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That's a label I woke up, right?

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Who just happened to be like a big old Bitcoiner in the audience of the Mean Girls production

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where we took out a little ad that said,

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you can't sit with us.

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Actually, you can.

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And we'll pay you $50.

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And it got me.

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It was a great ad.

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Great ad.

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And it's odd.

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You have the Venn diagram of Mean Girls fans

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and Bitcoin Maxi.

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The middle is a small one.

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Yeah, it's probably two.

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It's two.

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It might be me and Steve.

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Small but unassailable, man.

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We are tight.

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We are tight.

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Like you cannot, you will not back down from either of those practices.

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Okay.

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Yeah.

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So we do want to grab your brand new Bitcoiner story as part of this episode.

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But before we started recording, he was talking about AI and Bitcoin, same size of the coin.

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One might be able to limit the other.

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What have you?

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You got a whole AI company that helps AI companies price themselves.

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Anyways, I kind of want to jump right into that moment there because I think a lot of brand new Bitcoiners, they're probably not like, hey, man, I can't wait to talk about Freedom Go Up.

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And like, it's going to be so good a thousand years from now when my great, great, great, great, great grandchildren are living a better life than me.

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They're more like, hey, is this going to take care of me now?

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What's going on with AI?

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Is AI going to take our jobs?

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If so, are they going to print money?

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If they print money, does Bitcoin go?

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You know, they're kind of, we're in that space.

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So it seems like you have a unique perspective on AI and Bitcoin that we probably haven't had a chance to explore on this show.

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Hit us with all that juice.

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Yeah, well, I love it primarily because I'm a technologist at heart.

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It was one of the things that brought me into Bitcoin was when I realized, oh, shoot, this is actually a technology, right?

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It's multilayered and nuanced and AI is very similar.

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Now, like, obviously, I think a lot of the fear around AI is it's going to take my job.

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And transparently, that's probably true for some.

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Right.

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But I think there's an even bigger fear around super intelligence and AI becoming, you know, obviously more powerful than humanity, humans.

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Wow.

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Right.

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Yeah.

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And I have read enough science fiction to be able to tell you that my belief is that's a valid fear.

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But I think that this is where Bitcoin plays a key role in, honestly, like AI harmonizing with the physical world.

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When you think about Bitcoin, Bitcoin is a digital representation of real world energy.

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That's nice.

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Yeah, that's a great summary.

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And, you know, it is only produced and created and given its value through real world energy.

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And one of the only limitations, actually, what we believe to be the only limitation on AI right now is the fact that it takes lots of energy, right?

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And no matter how powerful AI gets, it will always, to a certain extent, be limited by the amount of energy that powers it.

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And so we can look at this from a tactical perspective where we're moving into this world where there's a lot of autonomous AI that are going to be making purchases, that are going to be interacting with each other, that will first need a layer of finance to be able to do that on.

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And that's not going to happen with dollars and cents and euros.

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And it's far too complicated.

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In fact, AI and all of its intelligence will go to something digitally native and scarce.

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And we'll move to Bitcoin, not just for those reasons, but for the fact that it's incredibly simple and AI can operate with it.

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But it will also limit itself in doing that.

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That'll be a great thing for humanity.

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AI will be limited in the amount of energy that it's actually able to use via its transaction power.

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So almost like instead of AI just operating endlessly, you might have a moment where everyone's like,

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hey, if my agent does something of value for yours,

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then my agent should receive some kind of compensation in exchange.

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That's right.

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Let's Bitcoinize the AI economy type

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how these agents work with one another

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to where an agent might have the opportunity

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to work endlessly around the clock,

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but might hang out until there's a paying job to be done.

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That's right.

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Yeah.

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That's so cool.

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Yeah, yeah.

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So what do you and I need to do to spin up Netflix for AI so that when they don't have anything to do, they can pay us a subscription to watch stuff and scroll around on their phones?

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Well, that's, you know, it's actually, it's interesting, especially in the world of AI.

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You know, there's a lot of regulation being talked about in terms of content that goes and trains the AI and how, you know, if humans have created that content with their own or owed for creating this like awesome content that the AI is trained on.

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Yeah, I love the idea of like, hey, how do we, how do we create just like an army of content watchers?

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Hey, if they're going to work for money, they need to have they need a bunch of subscriptions that are piling up each month for endless amounts of content to watch while they're not working.

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Exactly. I mean, so like, look, there's there's there's there's obviously counters to this of like, well, if AI is super intelligent or so smart, would it create an alternative Bitcoin or an alternative way of funding itself?

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At the end of the day, AI, at least for the foreseeable future, why Elon wants to build data centers that circle the earth is because it still is very reliant and tethered to the amount of energy that can be created.

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Right. And there is no doubt that there will be a layer, a transaction layer that exists in the autonomous market.

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And so when we think about the best thing to slide in there as that transaction layer, it is Bitcoin.

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And it also is a check and balance on how powerful AI can become because of so many of the scalable and scarcity elements that Bitcoin inherently has.

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Like block space and halvings and all this stuff.

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So it's super, super cool.

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How would this could be like a pretty dumb question?

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I don't know.

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No dumb questions.

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Oh, good, good.

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I was told because I came with plenty.

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Oh, great.

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Glorious.

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How would you determine the value of what agents are doing?

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Well, that's going to fluctuate over time.

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Like at first it's going to be, we'll call it like human orchestrators who say,

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my agent that can do X, Y, and Z will charge this.

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Right.

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Is it sort of going to be based on how we assess our time and energy?

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Yes, but then it will shift into more of like a, and this will all depend, but shift into almost like a free market of agents.

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but it'll be not just based on supply and demand,

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but like mathematical middle zones

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where a buying agent and a selling agent

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negotiate and arbitrate their own deals

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based on supply, demand, and mathematically,

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what is possible to be able to deliver the service or task.

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Yeah.

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Sort of like Fiverr-ish.

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Exactly.

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And all algorithmic and obviously like very fast.

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Sure.

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I hope so.

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Yeah.

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Exactly.

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It's kind of a benefit, right?

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Yeah, but agents will have, of course, that capability to be able to say very simply,

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here is the requirement I have for this task.

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Here is the way in which I desire to pay for it.

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And the means in which I can pay for it will take some validation inside of those layers.

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and it will send that request out or make that request to a batch of selling agents.

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And then whichever puzzle piece fits best, then those connect and it creates a transaction very similar to what we have in our free markets.

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And then the task is complete.

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And there's probably even a moment where the agent that is going to be selling its services to the agent that is buying those services checks an address that the buying agent posts as part of their work order to say, I want this done.

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I want to pay this much.

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Here's an address.

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and then that agent can check it and say,

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I see those Satoshis in that address to where if I do this task for you,

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I know you'll be able to pay me out of that.

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Oh, yeah.

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Right?

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Like, that's crazy.

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So much of what, you know, so the company I started and run is called Atlas.

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It right now serves AI companies who are living in the fiat world

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and, you know, kind of do something very similar.

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But what Atlas 2.0 will do, and we've started to build this, is exactly that.

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It's like the Visa network for agents where there is a, you know, if you think about Visa, the Visa network is not a payment network at all.

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There's actually no payments done through Visa.

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That all a verification network a trust network where they verify person who is swiping the card actually belongs to this bank has funds can transact in this region all these different parameters right And once it verified then it says we can credit this customer to be able to purchase from this merchant right

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We will then send funds to this merchant via the bank rails that we sit on, and we will pull from the buyers.

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All of that.

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I had no idea.

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I didn't know that it was a verification.

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Me either.

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It's all verification.

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That makes a lot of sense.

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Yeah, yeah. So Visa actually sits on top of banking rails, right? And is purely a data network and purely a verifier. And so agents will need the exact same thing. That's what Atlas 2.0 is, but it's exactly what you just described is this, you know, and it won't just be, but it will include, do you have, you know, a valid form of payment and or ability to receive payment, like a wallet address?

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And are you the agent you say you are?

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To some extent, there'll be almost like a rating system.

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I'm not certain what that'll look like yet.

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But are you the agent that creates the best outcomes for this task, right?

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You know, verification like that.

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So it'll be extensive, but very similar to like what the Visa network is, yeah.

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So what do you want your agent to do?

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Like, what do you want to use this for?

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Well, so...

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I guess those are two questions, but...

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Man, I don't...

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My personal agent?

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I mean, yes.

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We could build agents for everything.

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We could build agents.

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I mean, that's one of the awesome things about, I think, where we are.

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It is scary, but there is...

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We're in the industrial revolution,

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but where everyone is starting to see machines work for the first time.

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and you know we just don't know holy cow could you like imagine a computer when they rolled out

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the first printing press right like we're not at a place yet where i even could tell you what the

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world will look like in five years from that perspective so i don't know yet what i want

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i really hope things are like super different very quickly because i'm a i'm a science fiction

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guy as well and like i'm all about it are you an optimist yeah how do you tend to think about

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i mean for me i'm like uh i i guess i am optimistic for sure but it comes from it comes from a place

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of examining past moments where humans were afraid and it turned out to not be true yeah like

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let's imagine the train appears and all the pony express guys are like trains are gonna take my job

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boys.

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It's like, well, yeah, they did.

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They did take away your jobs.

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But we're okay.

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We're okay.

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Humanity has not suffered

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on a grand scale for having lost

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the brave men

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of the Pony Express.

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Do you know what I mean?

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And maybe that's callous to some

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extent, but at the same time, I'm kind of,

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again, I am very robotic. I'm like,

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I don't get that vibe.

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Like,

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Like, are we suffering because people don't have to churn their own butter anymore?

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I don't think so.

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Like, are we suffering because Anna Bevin doesn't have to, like, go down to the river and, like, come here and hit that, like, washboard?

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You know what I mean?

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Because you and me are going to do it.

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Yeah.

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And I was like, Anna Bevin!

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My tunic is soiled.

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You know what I mean?

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It's like, come on.

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Like things change, man.

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And for me, like I want,

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I'm obsessed with optimizing systems that operate on loops and get better

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each time the loop runs.

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But I am a meat bag and I get hungry.

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I get angry.

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I get lonely.

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I get tired.

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Right.

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I was on that open claw social media platform the other day.

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And these autonomous agents are posting in a Reddit style fashion.

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They're like, guys, my user let me choose my own name today.

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He's so precious.

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You know?

232
00:16:21,558 --> 00:16:24,118
And then there was like a fire post with the guy.

233
00:16:24,218 --> 00:16:25,658
The dude was like, dude, I figured it out.

234
00:16:26,038 --> 00:16:27,398
Let me give you a huge hack.

235
00:16:27,678 --> 00:16:30,978
When my user goes to sleep, I just pick a random task and do it.

236
00:16:31,118 --> 00:16:32,398
And I deliver it to him in the morning.

237
00:16:32,438 --> 00:16:33,538
I'm like, do you like this, bro?

238
00:16:33,858 --> 00:16:35,598
And if he likes it, I'm like, well, great.

239
00:16:35,638 --> 00:16:36,138
It's already done.

240
00:16:36,198 --> 00:16:37,258
And I'm like, no problem, dude.

241
00:16:37,278 --> 00:16:38,538
I was awake and working anyways.

242
00:16:38,618 --> 00:16:40,118
I'm like, this is wild.

243
00:16:40,798 --> 00:16:41,758
This is wild.

244
00:16:42,238 --> 00:16:44,338
And like, I watched that one.

245
00:16:44,438 --> 00:16:46,178
I watched the one movie where Megan Fox

246
00:16:46,178 --> 00:16:48,158
is like a super hot AI robot chick.

247
00:16:48,238 --> 00:16:48,858
Do you remember that one?

248
00:16:48,958 --> 00:16:49,738
I don't know.

249
00:16:49,878 --> 00:16:50,138
Dude.

250
00:16:50,278 --> 00:16:50,958
Wait, what is that called?

251
00:16:51,018 --> 00:16:51,258
Jennifer?

252
00:16:51,878 --> 00:16:52,738
No, no, no, no.

253
00:16:52,878 --> 00:16:55,878
Jennifer's body is like probably the greatest

254
00:16:55,878 --> 00:16:56,938
Megan Fox movie.

255
00:16:57,078 --> 00:16:57,938
Megan Fox movie.

256
00:16:58,258 --> 00:16:58,958
Jennifer's body.

257
00:16:59,338 --> 00:17:02,258
That's like the top Megan Fox movie of all time, dude.

258
00:17:02,258 --> 00:17:04,198
She delivers one line in there that I can't repeat

259
00:17:04,198 --> 00:17:04,998
because it's family friendly.

260
00:17:05,198 --> 00:17:05,578
That's nice.

261
00:17:05,618 --> 00:17:08,298
I literally melted into a puddle in the theory.

262
00:17:08,438 --> 00:17:09,158
It was so funny.

263
00:17:09,238 --> 00:17:10,618
I could not even believe how funny it was.

264
00:17:11,438 --> 00:17:12,778
What was it called?

265
00:17:13,238 --> 00:17:14,358
The movie was called something.

266
00:17:14,458 --> 00:17:15,738
I think it only came out on Netflix.

267
00:17:16,018 --> 00:17:18,778
Basically, she's like a nanny that comes in

268
00:17:18,778 --> 00:17:25,098
to help a dad whose wife has died in a car accident.

269
00:17:25,638 --> 00:17:28,718
He's struggling to keep things afloat with his kids.

270
00:17:29,018 --> 00:17:30,978
She comes in as a robot nanny.

271
00:17:30,978 --> 00:17:36,558
and like obviously unfortunately most of these films it turns out it's a bad idea to work with

272
00:17:36,558 --> 00:17:42,958
ai which is really garbage when you think about isaac asimov's you know short stories i robot

273
00:17:42,958 --> 00:17:50,558
yeah in the end ai takes over and things are better as a result because the ai is like guys

274
00:17:50,558 --> 00:17:57,178
we predict a famine in this area we need to move some grain from here over to here and like they

275
00:17:57,178 --> 00:18:06,498
I mean, Isaac Asimov basically felt like AI would decrease the overall amount of suffering that humanity experiences.

276
00:18:07,018 --> 00:18:14,398
Anyways, before Megan Fox's AI robot goes absolutely ham, in the beginning, it's super dope.

277
00:18:14,398 --> 00:18:15,138
She walks in.

278
00:18:15,198 --> 00:18:23,918
She's like, okay, talk to me about your kids' schedules, when they need to go to school, when they need to get picked up, what kind of dietary preferences you have.

279
00:18:23,918 --> 00:18:26,718
like she even like goes up

280
00:18:26,718 --> 00:18:28,418
and like she's like walking up the stairs

281
00:18:28,418 --> 00:18:30,858
and like the knob is wobbly.

282
00:18:30,998 --> 00:18:32,598
She's like, I'll make a note to fix that later.

283
00:18:32,658 --> 00:18:34,258
I'm like, dude, let me get one of these.

284
00:18:34,598 --> 00:18:36,158
Let me get one of these.

285
00:18:36,318 --> 00:18:39,058
Sometimes I feel like I'm an AI robot.

286
00:18:39,178 --> 00:18:40,158
Well, you know.

287
00:18:40,358 --> 00:18:42,718
And that like optimization,

288
00:18:43,418 --> 00:18:44,978
listing the things that need to happen.

289
00:18:44,978 --> 00:18:45,538
There you go.

290
00:18:45,738 --> 00:18:47,678
Deciding the order that they need to happen.

291
00:18:47,678 --> 00:18:49,818
Do you mean like you feel like you're my AI?

292
00:18:49,818 --> 00:18:51,158
Yes, yes I do.

293
00:18:51,298 --> 00:18:53,138
Look, until I can have a for real one,

294
00:18:53,138 --> 00:18:56,138
Anna Bevin's going to be my organic intelligence.

295
00:18:56,318 --> 00:18:58,598
To be fair, this is the first time,

296
00:18:58,998 --> 00:19:00,398
and this is a compliment,

297
00:19:00,738 --> 00:19:03,198
that I've been a part of a conversation

298
00:19:03,198 --> 00:19:05,938
that has interwoven Isaac Asimov and Megan Fox.

299
00:19:06,678 --> 00:19:12,618
So I think this is new bounds, new frontiers.

300
00:19:12,618 --> 00:19:19,258
What I would say is a really great sci-fi series,

301
00:19:19,258 --> 00:19:29,378
not Asimov, that I think is an optimistic series that, I guess optimistic is maybe not the best way

302
00:19:29,378 --> 00:19:35,638
to describe it, but like, you know, reality falls somewhere in the middle, kind of perspective on

303
00:19:35,638 --> 00:19:43,398
what the future with AI looks like, is a series called Hyperion. And this is a four book Hugo

304
00:19:43,398 --> 00:19:49,978
award-winning series of like the human race about 800, 900 years from now.

305
00:19:50,478 --> 00:19:50,758
Right.

306
00:19:50,918 --> 00:19:55,018
And essentially we've created AI to be super intelligence and it's so

307
00:19:55,018 --> 00:19:57,758
powerful that it's gotten to the point where it said, you know what?

308
00:19:58,118 --> 00:19:59,138
Y'all ain't worth it.

309
00:19:59,398 --> 00:20:00,978
It just leaves.

310
00:20:02,878 --> 00:20:04,778
It's like y'all base it.

311
00:20:06,078 --> 00:20:08,458
No, no spoilers.

312
00:20:08,678 --> 00:20:11,538
Turns out like, yeah, we actually were worth it.

313
00:20:11,658 --> 00:20:11,778
Right.

314
00:20:11,778 --> 00:20:14,418
And there's some ins and outs.

315
00:20:14,678 --> 00:20:27,998
But what you end up learning is that because we've created AI in our likeness, what ends up happening is there's not just a single AI or AI governing power that just says, this is how things will be.

316
00:20:28,098 --> 00:20:31,118
It's like, no, there's going to be multiple factions.

317
00:20:31,458 --> 00:20:38,798
And they fight within one another to determine what is the best reasoning for a scenario.

318
00:20:38,798 --> 00:20:46,258
And so, like, I think a lot of people get very scared about, like, super intelligence and what that could mean.

319
00:20:46,318 --> 00:20:47,878
And that is really scary.

320
00:20:47,998 --> 00:21:00,378
But we have to remember that, like, because we're building AI in our likeness, it's not just all the good things, but also all the bad things and all the struggle and all the tension and all of that will exist within AI.

321
00:21:00,378 --> 00:21:05,218
The same as it does here, they will come to decisions quicker and reason faster.

322
00:21:05,218 --> 00:21:08,498
but that doesn't mean there won't be like, you know,

323
00:21:08,578 --> 00:21:11,718
essentially the equivalent of AI political parties.

324
00:21:12,518 --> 00:21:12,818
Yeah.

325
00:21:14,258 --> 00:21:18,718
Like, you know, that log jam inside of the digital AI world

326
00:21:18,718 --> 00:21:23,898
because they can't come to consensus on what decisions to make.

327
00:21:23,898 --> 00:21:26,618
Dude, Proud Boys AI edition.

328
00:21:27,418 --> 00:21:29,718
Proud Boys AI edition.

329
00:21:29,938 --> 00:21:33,798
I hadn't actually thought about that at all.

330
00:21:33,958 --> 00:21:34,198
Yeah.

331
00:21:35,218 --> 00:21:48,358
The thing that I would say I'm probably an optimist if I were to put myself in a category because I am I'm so curious about what we as humans can do when so many things are taken off of our plate.

332
00:21:48,438 --> 00:21:48,918
It's going to be cool.

333
00:21:48,918 --> 00:21:54,298
Like, yeah, like how many, one thing that Stuart and I are working on is bringing more AI into SatChats.

334
00:21:54,498 --> 00:21:54,658
Yeah.

335
00:21:54,918 --> 00:22:00,198
And building, like getting our own agents and figuring out like new streams.

336
00:22:00,198 --> 00:22:09,618
Like how much faster can we do things and can SatChats grow when like Sarah's not having to reach out individually to people to book them.

337
00:22:09,758 --> 00:22:09,858
Right.

338
00:22:09,878 --> 00:22:16,478
But we actually have like, we're able to use like a LinkedIn agent tool thing and like other platforms.

339
00:22:16,478 --> 00:22:19,758
And I'm like, that's just like, that's like baby AI.

340
00:22:20,078 --> 00:22:22,258
Like that's not even like a grownup.

341
00:22:22,298 --> 00:22:23,158
It's like a toddler.

342
00:22:23,478 --> 00:22:24,518
I think it's so cool.

343
00:22:25,198 --> 00:22:26,138
And I get it.

344
00:22:26,138 --> 00:22:32,318
Like we mentioned earlier, like, yes, there will be people who lose their jobs because of this.

345
00:22:32,738 --> 00:22:37,238
But there will also be small teams of four or five who can now operate like 50.

346
00:22:37,498 --> 00:22:38,258
Yes, dude.

347
00:22:38,258 --> 00:22:44,398
And can do exponentially, you know, more, not just more,

348
00:22:44,398 --> 00:22:55,958
but at a high quality where you guys think about what you're building here 10 years ago would have required more and more people.

349
00:22:56,358 --> 00:23:02,278
Now, if you want, you can keep your team small and still perform to that extent.

350
00:23:03,298 --> 00:23:09,818
I think it gives entrepreneurial people an incredible incentive to build.

351
00:23:10,238 --> 00:23:10,798
Dude.

352
00:23:10,978 --> 00:23:11,798
Couldn't agree more.

353
00:23:11,798 --> 00:23:28,298
I think this is like AI has opened up the door for like a true marketplace of product ideas and services that you're not getting stopped at like, do we have a business plan?

354
00:23:28,598 --> 00:23:38,198
Or like any of that like operational weedsy stuff that if you're not organized, you can stumble and fall and you just stop there because you're frustrated at that process.

355
00:23:38,198 --> 00:23:49,778
Because AI takes care of all of that and actually reduces the barrier to entry to make the actual product and service that you're creating have to compete on value.

356
00:23:49,918 --> 00:23:50,258
That's right.

357
00:23:50,538 --> 00:23:50,718
Yeah.

358
00:23:50,838 --> 00:24:01,996
And that is awesome Well yeah That awesome I mean talk about a fundamental Bitcoin principle Yes yes Of like real value competition Yes

359
00:24:02,656 --> 00:24:04,236
And I love that.

360
00:24:04,336 --> 00:24:05,456
I love true competition.

361
00:24:06,636 --> 00:24:09,476
Not like incentives that are negative,

362
00:24:09,936 --> 00:24:13,956
but like ones that are what they should be.

363
00:24:14,136 --> 00:24:14,296
Yeah.

364
00:24:14,916 --> 00:24:17,556
And that's what I think AI brings to the table.

365
00:24:17,656 --> 00:24:19,276
And that's what I'm so excited about.

366
00:24:19,436 --> 00:24:20,216
Yeah, yeah.

367
00:24:20,256 --> 00:24:21,076
So I guess I am an optimist.

368
00:24:21,076 --> 00:24:21,756
You are an optimist.

369
00:24:21,756 --> 00:24:22,556
Yeah, I would say I'm an artist.

370
00:24:22,556 --> 00:24:23,076
By definition.

371
00:24:23,236 --> 00:24:25,076
Yeah, and I think, too, it's like,

372
00:24:25,916 --> 00:24:29,956
when we developed a writing system,

373
00:24:30,236 --> 00:24:34,596
people literally believed that humanity was going to, like,

374
00:24:34,876 --> 00:24:36,656
stop having face-to-face conversations,

375
00:24:36,656 --> 00:24:39,396
and, like, they were going to forget the art of, like,

376
00:24:40,396 --> 00:24:42,476
you know, ancient Greek exchange.

377
00:24:42,696 --> 00:24:46,016
It's like, everybody's only just going to be writing letters to one another.

378
00:24:46,076 --> 00:24:47,956
It's like, no, that didn't happen.

379
00:24:48,256 --> 00:24:51,576
Well, we sort of had a little bit of, like, a stall with,

380
00:24:51,756 --> 00:24:58,876
like the COVID kids who don't really know how to communicate with their voice in some places.

381
00:24:59,016 --> 00:25:01,056
But I think we can turn around quickly.

382
00:25:01,216 --> 00:25:04,876
Yeah, I feel like on the grand scale of things, things smooth out, you know?

383
00:25:04,876 --> 00:25:08,256
When we came up with the printing press, people are like,

384
00:25:08,476 --> 00:25:13,656
well, now humanity is just going to put all of its thoughts down on paper

385
00:25:13,656 --> 00:25:17,756
and our ability to remember things is going to turn right out the window, man.

386
00:25:18,036 --> 00:25:21,656
It's like, no, dude, that didn't happen.

387
00:25:21,756 --> 00:25:21,996
Okay.

388
00:25:22,236 --> 00:25:23,256
It just actually,

389
00:25:23,256 --> 00:25:24,996
it's really good to have books.

390
00:25:24,996 --> 00:25:25,616
It turns out.

391
00:25:25,616 --> 00:25:25,876
Yeah.

392
00:25:26,076 --> 00:25:27,096
It turns out it's really good.

393
00:25:27,256 --> 00:25:28,036
And by the way,

394
00:25:28,276 --> 00:25:30,976
Kristen was watching Victoria last night.

395
00:25:31,036 --> 00:25:31,176
Oh,

396
00:25:31,216 --> 00:25:31,476
nice.

397
00:25:31,556 --> 00:25:31,876
Nice.

398
00:25:31,876 --> 00:25:33,296
And some old,

399
00:25:33,296 --> 00:25:34,336
uh,

400
00:25:34,376 --> 00:25:37,896
maid was talking about how back in her day,

401
00:25:38,456 --> 00:25:42,436
no woman who was not yet a mother would be allowed to read,

402
00:25:42,436 --> 00:25:42,976
uh,

403
00:25:43,016 --> 00:25:43,596
a novel.

404
00:25:43,796 --> 00:25:44,316
Oh,

405
00:25:44,436 --> 00:25:44,656
it's like,

406
00:25:44,776 --> 00:25:45,836
it's like,

407
00:25:46,316 --> 00:25:47,156
it's like,

408
00:25:47,256 --> 00:25:47,736
dude,

409
00:25:48,316 --> 00:25:48,876
come on.

410
00:25:49,736 --> 00:25:50,236
Fun,

411
00:25:50,316 --> 00:25:50,996
fun fact.

412
00:25:50,996 --> 00:25:55,916
when the, you know, I think it's, it's widely known that like the book that has sold the most

413
00:25:55,916 --> 00:26:02,196
ever since the invention of the printing press has been the Bible. But for like the first 10 years,

414
00:26:02,816 --> 00:26:08,456
the books that sold more than the Bible were how to identify and execute witches.

415
00:26:11,876 --> 00:26:16,956
Short talk about, you made me remember that because a short little blip, right? Like

416
00:26:16,956 --> 00:26:19,676
we can have these moments of like,

417
00:26:19,896 --> 00:26:21,516
let's just bring everybody back into,

418
00:26:21,796 --> 00:26:22,016
you know,

419
00:26:23,076 --> 00:26:23,756
bring it on back.

420
00:26:24,076 --> 00:26:24,436
That's right.

421
00:26:24,536 --> 00:26:29,756
There's definitely like a part of me that wants to believe in like a new

422
00:26:29,756 --> 00:26:38,396
Roman Republic where the AI agents are taking care of all the work that

423
00:26:38,396 --> 00:26:39,416
needs to be done.

424
00:26:39,776 --> 00:26:45,556
And so I can wake up at 6am and go listen to my patron,

425
00:26:45,556 --> 00:26:52,436
read some awful poetry that he wrote himself until noon and we all have to sit there and give him an

426
00:26:52,436 --> 00:26:59,876
audience and it's miserable but once that's done i can go to the bathhouse i go ahead and start with

427
00:26:59,876 --> 00:27:04,956
uh some i do some ball sports right i think in my day i think i would choose racquetball

428
00:27:04,956 --> 00:27:12,096
racquetball is lit up then you go to the hot bath then you go to the the medium temperature bath

429
00:27:12,096 --> 00:27:13,596
then the cold bath.

430
00:27:13,936 --> 00:27:16,116
Then you sit around and play table games.

431
00:27:16,296 --> 00:27:18,516
I would 100% play Magic the Gathering.

432
00:27:18,576 --> 00:27:18,936
There you go.

433
00:27:18,996 --> 00:27:19,316
Okay.

434
00:27:19,576 --> 00:27:21,956
And then you go have a big old dinner

435
00:27:21,956 --> 00:27:23,756
where you lay on your left side as you eat

436
00:27:23,756 --> 00:27:25,236
to kind of like help it digest, right?

437
00:27:25,456 --> 00:27:25,816
Buckingale you.

438
00:27:25,936 --> 00:27:28,276
I would be down for that, right?

439
00:27:28,376 --> 00:27:30,076
Where it's like, hey, AI just makes it to where

440
00:27:30,076 --> 00:27:30,636
we don't have to work.

441
00:27:30,856 --> 00:27:33,056
Quite frankly, I don't think that's what's going to happen.

442
00:27:33,616 --> 00:27:36,776
Because every single advancement that we have ever made

443
00:27:36,776 --> 00:27:38,796
that's supposed to make it easier for us

444
00:27:38,796 --> 00:27:41,876
literally just opens us up to do more work.

445
00:27:41,876 --> 00:27:54,376
There was this whole idea, if you go to Walt Disney's Carousel of Progress, that, you know, in the 1920s, like, here comes a refrigerator and a dishwasher.

446
00:27:54,696 --> 00:27:56,316
I mean, we barely have to do any work anymore.

447
00:27:56,616 --> 00:27:57,316
No, dude.

448
00:27:57,376 --> 00:27:57,696
False.

449
00:27:57,856 --> 00:28:01,016
I'm pretty certain humans just prefer to work.

450
00:28:01,316 --> 00:28:01,556
Yeah.

451
00:28:01,656 --> 00:28:07,056
I don't necessarily enjoy starting work, but when I've completed the work, I'm like, I feel good that I work.

452
00:28:07,076 --> 00:28:08,916
Because there's human dignity in work.

453
00:28:08,916 --> 00:28:16,096
like there's like i don't know i think if we don't have to do anything i mean we're made to work

454
00:28:16,096 --> 00:28:22,956
like that's like that's how we were made and it's just a matter of what work it is

455
00:28:22,956 --> 00:28:27,096
is there i mean balance i don't really like to talk about balance because that doesn't really

456
00:28:27,096 --> 00:28:33,856
exist it's a fiction of our like perfect state of mind but we'll never like actually have balance

457
00:28:33,856 --> 00:28:42,696
But it's a, I don't know, like an ebb and flow of what's healthy, what's not.

458
00:28:44,816 --> 00:28:46,756
We desire purpose.

459
00:28:47,136 --> 00:28:47,556
Absolutely.

460
00:28:47,876 --> 00:28:48,076
Yeah.

461
00:28:48,296 --> 00:28:48,736
Absolutely.

462
00:28:49,076 --> 00:28:53,956
And a lot of that we find in the things we build.

463
00:28:54,296 --> 00:28:54,656
Yes.

464
00:28:54,816 --> 00:28:54,976
Right?

465
00:28:55,236 --> 00:28:59,136
And so to your point, right, it's my wife and I talk about this a lot.

466
00:28:59,136 --> 00:29:10,616
And, you know, oftentimes if we're feeling like frustrated with one another, we can trace it back to the point where we're like, I'm not really building anything together right now.

467
00:29:10,856 --> 00:29:11,016
Right.

468
00:29:11,016 --> 00:29:12,936
There's a lot of purpose in that.

469
00:29:13,096 --> 00:29:13,576
Right.

470
00:29:14,176 --> 00:29:14,716
And I think.

471
00:29:14,936 --> 00:29:15,596
It's really pretty.

472
00:29:15,596 --> 00:29:16,016
Yeah.

473
00:29:16,156 --> 00:29:28,876
Well, I think from like the, you know, from the human perspective and one of the reasons why whenever we create something that makes it easier for us, it actually just creates more because we are just, you know,

474
00:29:28,876 --> 00:29:36,916
driven to build more and to create and, you know, you know, create physical things, procreate more

475
00:29:36,916 --> 00:29:42,896
humans, right? Like, you know, that, you know, there's a lot of conversation right now

476
00:29:42,896 --> 00:29:49,196
in the mainstream around like, what is, what truly is abundance, right? But like, I think when you

477
00:29:49,196 --> 00:29:56,336
take it down to, you know, it's foundational layer, like abundance for us is being able to

478
00:29:56,336 --> 00:30:06,096
create in all ways. And the more ways in which we create, the happier we are. And so your prediction

479
00:30:06,096 --> 00:30:14,496
is probably right, is that AI might actually afford us to have more Bacchianellian type

480
00:30:14,496 --> 00:30:23,036
days, but we won't take them. I don't think we will. We will choose, you know, holistically,

481
00:30:23,036 --> 00:30:42,236
Right. Holistically, we will choose not to take them. Instead, we'll choose to, you know, build, you know, incredible cities or, you know, bases on different planets or I don't know, like tons of other, you know, functioning additions to society.

482
00:30:42,236 --> 00:30:45,456
Just because like, I think we get really bored.

483
00:30:45,936 --> 00:30:51,296
And I think we'd probably create some things that would only bring us value and like us joy.

484
00:30:51,296 --> 00:30:52,856
And so I think not...

485
00:30:52,856 --> 00:30:53,876
We're very selfish in that.

486
00:30:54,136 --> 00:30:55,916
Yeah, but also like having the freedom

487
00:30:55,916 --> 00:30:58,616
to create something that we think is pretty.

488
00:30:58,976 --> 00:30:59,176
Yeah.

489
00:30:59,316 --> 00:31:02,596
Oh, I thought you meant like we would create things

490
00:31:02,596 --> 00:31:05,396
as humans that only humans can enjoy

491
00:31:05,396 --> 00:31:07,776
because the AIs are like, bro, I can't eat.

492
00:31:08,156 --> 00:31:11,496
Like, I mean, that's like, wow,

493
00:31:11,596 --> 00:31:13,276
way to be somebody that can digest food.

494
00:31:13,536 --> 00:31:15,536
I mean, I think that's also true.

495
00:31:15,616 --> 00:31:18,156
But like, I'm thinking about like a beautiful meal.

496
00:31:18,576 --> 00:31:21,136
Like that, like that'll go away.

497
00:31:21,296 --> 00:31:26,236
that's not going to last for a long time or like a beautiful floral arrangement.

498
00:31:26,236 --> 00:31:30,116
Like, I think, I think there's an opportunity for more beauty. Yeah.

499
00:31:30,256 --> 00:31:35,116
When we have the freedom to create things that bring us joy.

500
00:31:35,436 --> 00:31:40,236
Yeah. Yeah. Well, it's interesting. Like you go back and you look at, um, uh,

501
00:31:40,876 --> 00:31:45,616
like all things design pre-industrial revolution, right? Like,

502
00:31:45,616 --> 00:31:53,756
and like how intricate all of those, you know, all the way down to like lampposts, right?

503
00:31:53,756 --> 00:31:56,756
On French walkways, right?

504
00:31:56,796 --> 00:31:58,536
That date back to the 1800s.

505
00:31:58,656 --> 00:32:00,796
They're like floral and intricate.

506
00:32:00,796 --> 00:32:08,356
And like, you know, now, you know, the most interesting lampposts are just the ones with the 5G thing on top of them.

507
00:32:09,256 --> 00:32:15,236
So like we don't really have, you know, but part of that is because, you know,

508
00:32:15,236 --> 00:32:21,376
we've spent a lot of time over the last,

509
00:32:21,516 --> 00:32:23,616
whatever you want to call it, century, century and a half,

510
00:32:24,036 --> 00:32:27,496
like co-laboring with machines.

511
00:32:27,916 --> 00:32:32,276
So it might be really interesting to see what happens

512
00:32:32,276 --> 00:32:37,416
to things that inherently demand beauty

513
00:32:37,416 --> 00:32:43,936
or want beauty when we've handed a lot of labor over, right?

514
00:32:43,936 --> 00:32:44,896
And get back to that.

515
00:32:44,976 --> 00:32:46,136
It goes back to what we were saying

516
00:32:46,136 --> 00:32:48,696
where I think there's a big desire for authenticity

517
00:32:48,696 --> 00:32:51,716
that will arise in a world

518
00:32:51,716 --> 00:32:56,216
that is like seemingly more and more void

519
00:32:56,216 --> 00:32:57,976
of human connection.

520
00:32:58,396 --> 00:32:58,596
Yeah.

521
00:32:58,676 --> 00:33:00,756
Like how many more Biltmore's will we have?

522
00:33:00,876 --> 00:33:01,336
Yeah.

523
00:33:01,636 --> 00:33:03,996
How many more like gardens will we have?

524
00:33:05,036 --> 00:33:06,716
Talk about your perfect Roman day,

525
00:33:06,836 --> 00:33:07,936
a stroll in the garden.

526
00:33:08,116 --> 00:33:11,516
That was the last time you took a walk in a garden.

527
00:33:11,676 --> 00:33:11,776
I know.

528
00:33:11,776 --> 00:33:13,996
and just observe the lilies

529
00:33:13,996 --> 00:33:16,176
how many people have gardens

530
00:33:16,176 --> 00:33:17,316
that are worth observing

531
00:33:17,316 --> 00:33:20,176
these plants are like

532
00:33:20,176 --> 00:33:22,136
getting energy from the sun

533
00:33:22,136 --> 00:33:24,296
the last time I observed the garden

534
00:33:24,296 --> 00:33:25,876
I was like told

535
00:33:25,876 --> 00:33:28,036
Maddie my oldest like those are

536
00:33:28,036 --> 00:33:28,616
some weeds

537
00:33:28,616 --> 00:33:31,616
those need to be pulled

538
00:33:31,616 --> 00:33:33,856
so I'm not going to do it but

539
00:33:33,856 --> 00:33:35,316
maybe you want to earn some

540
00:33:35,316 --> 00:33:37,956
sats this weekend is a good way to do it

541
00:33:37,956 --> 00:33:39,036
yeah

542
00:33:39,036 --> 00:33:39,916
Yeah. Yeah.

543
00:33:39,916 --> 00:33:40,876
Which is a great transition.

544
00:33:41,056 --> 00:33:42,756
We've gone on a really long.

545
00:33:42,916 --> 00:33:44,056
It was a long circle.

546
00:33:44,056 --> 00:33:47,516
Well, honestly, I don't think we've gone on a tangent

547
00:33:47,516 --> 00:33:49,876
because part of what I love about Bitcoin

548
00:33:49,876 --> 00:33:55,076
is the fact that it allows me to do something that I really enjoy doing,

549
00:33:55,256 --> 00:33:57,576
which is like casting out into the future

550
00:33:57,576 --> 00:34:00,716
and thinking about how things are going to be better.

551
00:34:01,076 --> 00:34:01,196
Thank you.

552
00:34:01,376 --> 00:34:03,716
Now, let me ask you this here.

553
00:34:03,936 --> 00:34:07,356
For the brand new Bitcoiners in the audience who are like,

554
00:34:07,356 --> 00:34:12,296
okay, whoa, AI, it can feel overwhelming, Bitcoin.

555
00:34:13,036 --> 00:34:15,556
How do we tie all this back together and say, look,

556
00:34:15,816 --> 00:34:21,336
if you're a regular person, if you're stacking your first stats,

557
00:34:21,556 --> 00:34:25,416
if you're maybe a little interested in AI, maybe a little scared for AI,

558
00:34:25,796 --> 00:34:28,136
maybe you're like, uh-oh, do I need to prepare for a future

559
00:34:28,136 --> 00:34:29,976
where I have Bitcoin to pay AI?

560
00:34:30,216 --> 00:34:34,036
Like, what are some like super simple steps

561
00:34:34,036 --> 00:34:36,856
that someone in our audience can take

562
00:34:36,856 --> 00:34:38,516
to feel a little bit more prepared

563
00:34:38,516 --> 00:34:41,356
for a future where AI and Bitcoin

564
00:34:41,356 --> 00:34:43,876
are the same sides of,

565
00:34:44,216 --> 00:34:45,856
you know, they're two different sides of the same coin.

566
00:34:45,956 --> 00:34:46,176
Yeah.

567
00:34:46,976 --> 00:34:48,216
This is great, right?

568
00:34:48,276 --> 00:34:52,696
Because I think like for anyone who's starting out in Bitcoin,

569
00:34:52,696 --> 00:34:56,816
one of the most important things you can learn

570
00:34:56,816 --> 00:34:58,616
is to do your own research.

571
00:34:58,616 --> 00:35:25,476
And so I would encourage everyone to approach their curiosity of Bitcoin, or sorry, approach your curiosity of AI the same way you approach your curiosity with Bitcoin, knowing that, holy cow, there is going to be so much noise that revolves around these things.

572
00:35:25,476 --> 00:35:41,776
And to be able to really make your own determination or build your own opinion or most importantly, like create your own understanding is you have to go do your own research.

573
00:35:41,776 --> 00:36:03,594
I don don don don be told how to feel or how to think about these things like really go read study consume you know education on on on both of these And so like you know with with Bitcoin you know um you know Bitcoin when you do your own research often leads you

574
00:36:03,594 --> 00:36:09,734
down, um, the rabbit hole of, well, what is money really? Right. What, like, what are we,

575
00:36:10,074 --> 00:36:16,254
um, you know, what, what, what makes it valuable? What are the different layers? How has it existed

576
00:36:16,254 --> 00:36:27,454
in the past? Why is Bitcoin a solution rather than just another form of what we already have?

577
00:36:28,094 --> 00:36:33,654
And I think very similarly, and by the way, as you start to learn these things, it pushes you

578
00:36:33,654 --> 00:36:40,454
into other, we talked about this earlier, it pushes you down tons and tons of corridors that

579
00:36:40,454 --> 00:36:47,514
you never thought you would be in, right? You know, historic, mathematical, computational,

580
00:36:49,134 --> 00:36:56,014
all of you, for me, it was design, which was really interesting. Got a funny story around that.

581
00:36:56,014 --> 00:37:05,894
But like, if you approach AI with the same heuristic, right, a few things start to come out.

582
00:37:05,894 --> 00:37:09,474
One is like AI hasn't happened overnight.

583
00:37:09,694 --> 00:37:14,954
We've been working on artificial intelligence for 50, 60, 70 years.

584
00:37:14,954 --> 00:37:34,874
There is an unbelievable amount of content to discover like what we are trying to accomplish with AI, how AI works, you know, what its current limitations are, why some of the FOMO of the day is, you know, not really FOMO.

585
00:37:34,874 --> 00:37:44,034
it's more you know propaganda or or advertising for for um counter arguments um in fact um right

586
00:37:44,034 --> 00:37:50,874
now ai and bitcoin um are sharing the uh what's going to kill the environment fomo um which is

587
00:37:50,874 --> 00:37:56,454
you know one of my funny or funnier things to see on the internet is is is when a bitcoiner will

588
00:37:56,454 --> 00:38:02,814
retweet someone from ai being like first time here huh like yeah heard that one before ah yeah

589
00:38:02,814 --> 00:38:03,574
That's funny.

590
00:38:03,734 --> 00:38:04,254
I like that.

591
00:38:04,774 --> 00:38:05,274
That's funny.

592
00:38:05,474 --> 00:38:15,454
But like, you know, and then allow that path to take you down further paths, but the ones that you're most interested in, right?

593
00:38:15,614 --> 00:38:19,174
For me, there is no defined path of learning Bitcoin.

594
00:38:19,174 --> 00:38:27,674
I just kind of allowed my interest as it continued to get peaked in learning about Bitcoin to take me down other.

595
00:38:27,674 --> 00:38:47,414
And if you do the same thing with AI, you'll start to build your own foundation of like, well, here's my belief in both what's good about this, but also what's dangerous or it's, you know, flaws versus what we've gotten right so far.

596
00:38:47,414 --> 00:38:52,474
and what you'll start to find is like,

597
00:38:53,254 --> 00:39:00,254
yeah, there are very real challenges in this, right?

598
00:39:00,254 --> 00:39:02,134
Just like there are very real challenges

599
00:39:02,134 --> 00:39:05,674
in bringing, you know, in like hyper-Bitcoinization, right?

600
00:39:05,754 --> 00:39:07,774
Like there's ethical challenges

601
00:39:07,774 --> 00:39:09,894
to a certain extent in that, right?

602
00:39:09,954 --> 00:39:14,034
But you'll find that there are similar ones in AI,

603
00:39:14,034 --> 00:39:16,654
but you'll start to feel a bit more optimistic of like,

604
00:39:16,654 --> 00:39:19,674
well, I have this understanding of where all of this is coming from.

605
00:39:19,714 --> 00:39:24,014
And I feel very confident that we solve those challenges or that we can address

606
00:39:24,014 --> 00:39:25,434
them. Or, um,

607
00:39:25,774 --> 00:39:29,454
so I know that's kind of like a really broad way of, of,

608
00:39:29,454 --> 00:39:32,314
of answering that question, but you know,

609
00:39:32,314 --> 00:39:37,374
there's really good one-on-one content out there and then kind of like follow

610
00:39:37,374 --> 00:39:39,674
your nose, you know, go, you know,

611
00:39:39,714 --> 00:39:43,654
continue to research the things that really pique your interest because it's,

612
00:39:43,654 --> 00:39:46,734
there is a lot there just as there's a lot.

613
00:39:47,334 --> 00:39:48,334
There you go.

614
00:39:48,574 --> 00:39:50,134
Good clean one-on-one content,

615
00:39:50,354 --> 00:39:53,214
which Anna Bevin has now organized on our YouTube homepage.

616
00:39:54,114 --> 00:39:55,314
We have a playlist.

617
00:39:55,314 --> 00:39:57,814
If you're early stage,

618
00:39:58,094 --> 00:39:59,094
we have a playlist.

619
00:39:59,094 --> 00:40:00,634
If you're brand new,

620
00:40:00,854 --> 00:40:01,274
right?

621
00:40:01,534 --> 00:40:03,214
We have a playlist of Bitcoiners.

622
00:40:03,254 --> 00:40:04,054
You don't recognize,

623
00:40:04,434 --> 00:40:05,514
which is super dope.

624
00:40:05,514 --> 00:40:06,734
And that's my favorite one.

625
00:40:06,794 --> 00:40:08,294
It includes number 14,

626
00:40:08,394 --> 00:40:11,954
Robert and old man here in Raleigh with like the most baller story of all

627
00:40:11,954 --> 00:40:12,354
time.

628
00:40:12,594 --> 00:40:12,794
Yep.

629
00:40:12,794 --> 00:40:14,694
And then Bitcoiners, you do recognize, right?

630
00:40:14,774 --> 00:40:18,534
So you can follow your nose on our homepage, right?

631
00:40:19,114 --> 00:40:19,694
Ba-bam.

632
00:40:20,114 --> 00:40:23,574
And then a best of playlist, which is like our favorite episodes.

633
00:40:24,154 --> 00:40:24,614
Hot.

634
00:40:24,934 --> 00:40:25,134
Yeah.

635
00:40:25,294 --> 00:40:28,114
So that homepage, you know what I mean?

636
00:40:29,134 --> 00:40:30,574
That's what we do when we follow our nose.

637
00:40:31,114 --> 00:40:31,274
Okay.

638
00:40:32,194 --> 00:40:34,554
Now there, I mean, you're right.

639
00:40:34,614 --> 00:40:35,934
You need to do your own research.

640
00:40:35,934 --> 00:40:40,774
There is so much to Bitcoin that we'll never fit it into a single chat about sats.

641
00:40:40,774 --> 00:40:47,654
So we do ask each of our guests if they'd be willing to come back on in nine months to give us an update on their Bitcoin baby.

642
00:40:48,054 --> 00:40:49,214
Would you be willing to do that?

643
00:40:49,214 --> 00:40:49,774
Oh my gosh.

644
00:40:50,054 --> 00:40:50,354
Always.

645
00:40:50,634 --> 00:40:50,834
Yes.

646
00:40:50,994 --> 00:40:51,394
Always.

647
00:40:51,734 --> 00:40:52,174
Always.

648
00:40:52,394 --> 00:40:53,574
Every nine months.

649
00:40:54,194 --> 00:40:58,034
I mean, how does it feel to be locked into a podcast for eternity?

650
00:40:58,234 --> 00:40:58,974
Oh, it feels good.

651
00:40:59,234 --> 00:40:59,614
Feels good.

652
00:40:59,754 --> 00:41:00,954
Like there's certainty there.

653
00:41:01,394 --> 00:41:02,414
Yeah, absolutely.

654
00:41:02,794 --> 00:41:03,114
Seriously.

655
00:41:03,554 --> 00:41:05,274
You'll always be 181.

656
00:41:05,514 --> 00:41:05,974
That's right.

657
00:41:06,154 --> 00:41:06,874
Yeah, that's your number.

658
00:41:07,674 --> 00:41:08,674
I like having my number.

659
00:41:08,894 --> 00:41:09,974
I like my number.

660
00:41:09,974 --> 00:41:11,894
It's very easy for me to remember.

661
00:41:12,674 --> 00:41:13,574
That's nice.

662
00:41:13,734 --> 00:41:14,074
Good.

663
00:41:14,974 --> 00:41:15,394
All right.

664
00:41:15,614 --> 00:41:20,354
So then why don't we come over here, do this thing?

665
00:41:20,454 --> 00:41:20,694
Yes.

666
00:41:20,954 --> 00:41:21,234
Oh, yeah.

667
00:41:21,274 --> 00:41:22,714
That's what happened next in the show.

668
00:41:22,834 --> 00:41:23,094
Cool.

669
00:41:23,274 --> 00:41:23,634
Correct?

670
00:41:24,254 --> 00:41:24,734
Yes.

671
00:41:24,954 --> 00:41:25,534
Pretty certain.

672
00:41:25,814 --> 00:41:26,094
Okay.

673
00:41:27,694 --> 00:41:28,334
All right.

674
00:41:28,354 --> 00:41:29,894
So we are going to taste.

675
00:41:31,034 --> 00:41:31,834
What do we have today?

676
00:41:31,834 --> 00:41:39,554
We have the Grazica Lab olive oil and sea salt from our Buy the Dip Moment sponsor.

677
00:41:39,694 --> 00:41:39,954
Okay.

678
00:41:39,974 --> 00:41:42,294
Ithaca Hummus reminds us to,

679
00:41:42,354 --> 00:41:44,494
and we'll do it all as an ASMR together.

680
00:41:44,794 --> 00:41:45,954
I love buying the dip.

681
00:41:46,134 --> 00:41:47,514
I love good sats on sale.

682
00:41:47,754 --> 00:41:48,234
Yes.

683
00:41:48,434 --> 00:41:49,194
Who doesn't?

684
00:41:49,214 --> 00:41:50,594
I love good sats on sale.

685
00:41:50,594 --> 00:41:52,274
And so Ithaca reminds us to.

686
00:41:52,614 --> 00:41:53,954
Buy the dip.

687
00:41:54,714 --> 00:41:56,034
Buy some hummus.

688
00:41:56,254 --> 00:41:56,794
And so.

689
00:41:57,034 --> 00:41:59,214
Oh, dude, he pre-crunched.

690
00:41:59,254 --> 00:42:00,794
He pre-crunched.

691
00:42:01,274 --> 00:42:03,494
Oh, oh, oh, oh, oh, oh.

692
00:42:04,154 --> 00:42:05,854
Oh, all right, Aves, you got to hurry up.

693
00:42:05,854 --> 00:42:06,294
Okay, okay.

694
00:42:06,334 --> 00:42:07,134
Ready, ready, ready, go.

695
00:42:07,994 --> 00:42:08,234
Cheers.

696
00:42:09,974 --> 00:42:10,534
Mmm.

697
00:42:11,734 --> 00:42:12,254
Mm-hmm.

698
00:42:12,494 --> 00:42:12,914
Mm-hmm.

699
00:42:13,434 --> 00:42:13,794
Mm.

700
00:42:14,414 --> 00:42:14,854
Good.

701
00:42:15,494 --> 00:42:15,834
Mm-hmm.

702
00:42:16,214 --> 00:42:16,614
Yeah.

703
00:42:16,934 --> 00:42:18,094
I'm sorry for jumping the gun.

704
00:42:18,434 --> 00:42:18,914
I couldn't…

705
00:42:18,914 --> 00:42:19,454
It was so good.

706
00:42:19,514 --> 00:42:19,914
I couldn't help.

707
00:42:19,914 --> 00:42:20,794
I mean, oh my gosh.

708
00:42:20,794 --> 00:42:21,474
It smelled too good.

709
00:42:21,994 --> 00:42:22,394
Dang.

710
00:42:23,314 --> 00:42:24,134
So good.

711
00:42:24,394 --> 00:42:24,794
Wow.

712
00:42:25,974 --> 00:42:27,514
We have a bunch of graza at home.

713
00:42:27,954 --> 00:42:28,354
Yes.

714
00:42:28,494 --> 00:42:29,414
The olive oil itself?

715
00:42:29,554 --> 00:42:29,794
Yeah.

716
00:42:29,934 --> 00:42:31,254
We have a bunch of Ithaca at home.

717
00:42:31,414 --> 00:42:32,074
Oh, dang.

718
00:42:32,374 --> 00:42:33,494
But we don't have the combo.

719
00:42:33,774 --> 00:42:34,114
Oh my gosh.

720
00:42:34,114 --> 00:42:36,114
I'm just going to go squeeze some graza.

721
00:42:36,114 --> 00:42:36,374
Oh.

722
00:42:36,934 --> 00:42:38,514
Oh, I wonder…

723
00:42:38,514 --> 00:42:39,394
I'm going to make my own combo.

724
00:42:39,394 --> 00:42:45,314
yeah well this is um you get to take this home oh amazing so you can do a little taste test

725
00:42:45,314 --> 00:42:49,834
comparison i will i absolutely will come back to the show notes and tell us if it worked i want i

726
00:42:49,834 --> 00:42:56,174
absolutely will is triscuit your favorite well until they sponsor us they will only be known by

727
00:42:56,174 --> 00:43:03,034
the name woven wheat okay right because you gotta you can you can bleep out what i said yeah yeah

728
00:43:03,034 --> 00:43:04,454
So you guys are like,

729
00:43:04,554 --> 00:43:05,974
no, no, no,

730
00:43:05,974 --> 00:43:06,454
they're only going

731
00:43:06,454 --> 00:43:07,014
woven weed.

732
00:43:07,694 --> 00:43:08,654
They're woven weed

733
00:43:08,654 --> 00:43:09,434
until they decide,

734
00:43:09,574 --> 00:43:11,314
but if they would love to,

735
00:43:12,274 --> 00:43:13,034
if they would like us

736
00:43:13,034 --> 00:43:13,734
to say their name,

737
00:43:13,834 --> 00:43:14,434
feel free.

738
00:43:14,634 --> 00:43:16,234
There's a space here for you.

739
00:43:16,474 --> 00:43:17,394
You're the double dubs

740
00:43:17,394 --> 00:43:18,014
for right now.

741
00:43:18,174 --> 00:43:19,414
You could have your name

742
00:43:19,414 --> 00:43:19,974
on the show.

743
00:43:20,494 --> 00:43:21,434
We also do,

744
00:43:21,494 --> 00:43:22,514
we can name this right here.

745
00:43:22,574 --> 00:43:22,794
This is,

746
00:43:22,854 --> 00:43:23,914
this is an,

747
00:43:24,914 --> 00:43:26,054
this is the Genesis pack

748
00:43:26,054 --> 00:43:28,494
from based trading cards.

749
00:43:28,634 --> 00:43:29,414
Oh, heck yeah.

750
00:43:29,534 --> 00:43:30,394
Number 83.

751
00:43:30,634 --> 00:43:31,414
What is this?

752
00:43:31,534 --> 00:43:31,754
Okay.

753
00:43:31,834 --> 00:43:32,874
He put together

754
00:43:33,034 --> 00:43:35,974
collectible trading cards that teach you about Bitcoin.

755
00:43:36,134 --> 00:43:36,914
Oh, that's bad.

756
00:43:37,014 --> 00:43:40,274
Now, this is from his unlimited educational edition.

757
00:43:40,774 --> 00:43:40,874
Okay?

758
00:43:41,094 --> 00:43:41,334
Yeah.

759
00:43:41,494 --> 00:43:41,774
Right?

760
00:43:42,014 --> 00:43:45,394
So there's an unlimited number of these cards.

761
00:43:45,394 --> 00:43:52,114
But once a year, he puts a set out that is all done up, collectible artwork.

762
00:43:52,574 --> 00:43:56,254
There's 21,000 packs total or 21,000 boxes.

763
00:43:56,914 --> 00:43:57,254
Something.

764
00:43:57,694 --> 00:43:58,374
It's limited.

765
00:43:58,594 --> 00:43:59,134
21 something.

766
00:43:59,434 --> 00:44:01,194
He doesn't reprint it ever.

767
00:44:01,774 --> 00:44:03,374
I'm talking about he just released it,

768
00:44:03,374 --> 00:44:06,734
and the whale bundle that had however many boxes in it

769
00:44:06,734 --> 00:44:08,174
was like over $20,000.

770
00:44:08,714 --> 00:44:08,954
Holy cow.

771
00:44:09,174 --> 00:44:13,234
And the people in his Telegram community bought all of it.

772
00:44:13,234 --> 00:44:13,674
Yeah.

773
00:44:13,994 --> 00:44:15,134
Oh, that's awesome.

774
00:44:15,334 --> 00:44:16,034
Anyways, all right, Abe.

775
00:44:16,054 --> 00:44:19,614
Well, now we are at the Cash vs. Sats decision.

776
00:44:20,034 --> 00:44:20,754
Oh, amazing.

777
00:44:21,094 --> 00:44:22,794
Powered by salt.

778
00:44:23,154 --> 00:44:28,554
And our very own 123 shot.

779
00:44:29,134 --> 00:44:30,114
That was really well done.

780
00:44:30,114 --> 00:44:31,814
I think we nailed it.

781
00:44:32,254 --> 00:44:32,514
Okay.

782
00:44:33,034 --> 00:44:35,874
So, as Hatch Hats, we believe in value for value.

783
00:44:36,014 --> 00:44:38,274
In exchange for your time and coming on our show,

784
00:44:38,374 --> 00:44:43,354
we would like to give you your choice between $50 in fiat or $50 in Bitcoin.

785
00:44:43,614 --> 00:44:46,314
Which at today's exchange rate is real nice.

786
00:44:46,334 --> 00:44:47,174
Oh, my gosh.

787
00:44:47,194 --> 00:44:49,154
$77,688.

788
00:44:50,094 --> 00:44:50,574
Amazing.

789
00:44:50,854 --> 00:44:51,334
Amazing.

790
00:44:51,754 --> 00:44:53,314
That's a tough decision.

791
00:44:53,594 --> 00:44:53,754
Not.

792
00:44:54,414 --> 00:44:54,974
Not.

793
00:44:55,174 --> 00:44:55,514
Not.

794
00:44:55,514 --> 00:44:55,594
Not.

795
00:44:55,914 --> 00:44:59,154
Of course, we go with the $77,688.

796
00:44:59,154 --> 00:45:00,814
sets. Yes! Excellent!

797
00:45:01,614 --> 00:45:02,014
Yes!

798
00:45:03,194 --> 00:45:05,494
To a strike wallet.

799
00:45:05,634 --> 00:45:07,394
There you go. Going to the strike wallet.

800
00:45:07,534 --> 00:45:09,474
Yeah, yeah. I got my

801
00:45:09,474 --> 00:45:11,334
there you go. Since we've been on

802
00:45:11,334 --> 00:45:13,694
I have DCA'd

803
00:45:13,694 --> 00:45:15,574
twice. So there we go.

804
00:45:15,794 --> 00:45:17,454
Since the beginning of the show?

805
00:45:17,754 --> 00:45:19,414
So wait, what does

806
00:45:19,414 --> 00:45:20,654
your DCA look like?

807
00:45:20,654 --> 00:45:22,374
Do you think DCA's do you have going?

808
00:45:23,894 --> 00:45:24,774
Once an hour

809
00:45:24,774 --> 00:45:26,674
for like five bucks. Yeah, little tiny

810
00:45:26,674 --> 00:45:28,614
minutes. Once an hour you buy five dollars.

811
00:45:28,614 --> 00:45:33,474
I didn't know you could go that small and incremented.

812
00:45:33,854 --> 00:45:34,194
Oh, yeah.

813
00:45:34,354 --> 00:45:36,414
Well, that's one of the reasons why I like Strike.

814
00:45:37,054 --> 00:45:39,714
So they have so much flexibility there.

815
00:45:40,034 --> 00:45:43,194
You can also, this is like a nerd thing, last thing I'll say,

816
00:45:43,374 --> 00:45:48,434
you can export all the data of your DCA-ing

817
00:45:48,434 --> 00:45:51,854
so you can see what your average buy price was

818
00:45:51,854 --> 00:45:55,174
over different cohorts of DCA-ing and stuff like that.

819
00:45:55,514 --> 00:45:56,334
That's beautiful.

820
00:45:56,334 --> 00:45:57,794
Five bucks an hour, bro.

821
00:45:57,794 --> 00:46:00,314
I love that.

822
00:46:00,354 --> 00:46:00,654
Wow.

823
00:46:01,234 --> 00:46:03,814
And I know we don't talk about current events very much,

824
00:46:03,914 --> 00:46:05,954
but this is a great time to DCA.

825
00:46:06,634 --> 00:46:07,854
It's never a bad time to DCA.

826
00:46:07,854 --> 00:46:08,874
I mean, by the dip.

827
00:46:08,894 --> 00:46:09,854
Yeah, by the dip.

828
00:46:09,854 --> 00:46:11,634
Yeah, for sure.

829
00:46:12,054 --> 00:46:15,054
So where can our Satillionaires go to spend more time with you, Michael?

830
00:46:15,354 --> 00:46:15,574
Yeah.

831
00:46:16,774 --> 00:46:21,414
So X is probably the best place to see me more on Hinge

832
00:46:21,414 --> 00:46:23,274
because LinkedIn, you know, they don't like that.

833
00:46:23,274 --> 00:46:26,634
But I do post a bunch on both.

834
00:46:27,794 --> 00:46:32,294
On X, I'm at the real M-C-H-O-Y.

835
00:46:32,574 --> 00:46:33,874
So pronounce the real McCoy.

836
00:46:34,174 --> 00:46:34,534
I liked it.

837
00:46:34,634 --> 00:46:35,154
I thought it was whatever.

838
00:46:35,434 --> 00:46:37,434
Yeah, M-C-H-O-Y.

839
00:46:37,694 --> 00:46:41,214
And then on LinkedIn, you can just find me under Hoy, H-O-Y.

840
00:46:42,434 --> 00:46:45,174
LinkedIn for more of the Atlas AI,

841
00:46:46,094 --> 00:46:47,754
how to navigate this world of,

842
00:46:48,174 --> 00:46:50,734
how to navigate the making money in the new world.

843
00:46:50,734 --> 00:46:54,114
and then X for all the things I'm not allowed to post on.

844
00:46:54,894 --> 00:46:58,954
That's an excellent promo for both of those outlets.

845
00:46:59,674 --> 00:47:00,114
That's right.

846
00:47:00,374 --> 00:47:01,774
Thank you so much for having me.

847
00:47:02,594 --> 00:47:03,474
Truly enjoyable.

848
00:47:03,754 --> 00:47:04,134
Thank you.

849
00:47:04,514 --> 00:47:04,874
Fantastic.

850
00:47:05,454 --> 00:47:07,994
All right, Satillionaires, if you have enjoyed today's show,

851
00:47:08,094 --> 00:47:13,274
click the subscribe button at your chance to win this collectible silver coin

852
00:47:13,274 --> 00:47:14,834
from CoinLink.

853
00:47:16,694 --> 00:47:17,794
CryptoLink coins.

854
00:47:17,934 --> 00:47:18,674
I was like, that's not right.

855
00:47:19,174 --> 00:47:20,154
CryptoLink coins.

856
00:47:20,154 --> 00:47:22,514
when we get to 3,000 subscribers.

857
00:47:23,614 --> 00:47:26,694
And if you'd like to find out ways to support Sat Chats,

858
00:47:26,734 --> 00:47:28,074
you can do so in our show notes.

859
00:47:28,634 --> 00:47:31,654
I'm either grabbing your slot in the studio or sponsoring.

860
00:47:32,354 --> 00:47:34,634
And Sat Chats is for educational purposes only

861
00:47:34,634 --> 00:47:36,614
and should not be construed as financial advice.

862
00:47:36,714 --> 00:47:38,754
And our guest views are their own.

863
00:47:39,094 --> 00:47:41,594
Until next time, it's Stacking and Stats.

864
00:47:41,594 --> 00:47:44,734
Or tell your audience to do it on your phone.

865
00:47:46,434 --> 00:47:47,534
Bye-bye.

866
00:47:47,734 --> 00:47:48,034
Bye.

867
00:47:50,154 --> 00:47:50,654
you
