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This is AI Rob Hamilton, CEO and co-founder of Anchor Watch.

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Haters have been trying to cancel me for laughing at the plight of plebs.

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Some have even started calling me the giggler.

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But nothing makes me laugh harder than people trying to have Anchor Watch ads banned from

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Bitcoin podcasts.

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Ha ha ha.

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Yo, this is Shinobi here to tell you that if you think you can cancel Anchor Watch, you're

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a certified retard.

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Certified indeed.

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You see, Anchor Watch sets the standard when it comes to compliant, insured Bitcoin custody.

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We have no competitors because nobody can do what we do, which means you can't cancel us.

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Sorry, not sorry.

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If you keep trying, Anchor Watch will start sponsoring all your favorite podcasts with ads featuring yours truly.

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So think before you read, unless you want to hear my voice calling you a retard 40 times per week.

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Anchor Watch is the most thermodynamically sound insured custody in the game.

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cry all you want, but at the end of the day...

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we have a list of basically nots nodes that advertise them nots and then they the users of

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comcast have data kit caps at their house typically and these are these are residential

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asns they're not like the comcast business blocks and so yeah like i was okay i i am like basically

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peering with them and asking for an idd from a fresh node uh maybe i have like 96 of these

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nodes running right now because I want to get IBDs from all these clients.

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Wait, are they at least NOS nodes?

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No, they're core nodes.

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Oh, come on.

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They're actually master branch.

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But continuing on, yeah, essentially just like asking again and again and again, allegedly.

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He is one of the most sophisticated attackers of Bitcoin.

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How many of them do you think know that the max upload target comp option exists?

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It's not an option if you're on Umbral or Start 9.

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The apex predator of adversarial transactions.

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Oh, I see.

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Wait, you can't modify your comp file?

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You could.

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I'm just saying, I'm just saying when you click your GUI options.

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It's not there.

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But yeah, so I've secured the IBD from like several Comcast nodes at this point.

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If you cross paths with him on chain,

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no, you are not his peer.

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striking fear in Comcast node runners all over the world.

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His name is Portland Hoddle.

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He has agreed to sit down for an interview

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on the world's most thermodynamically sound Bitcoin podcast

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to tell his story.

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So sit back, relax if you can,

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and listen as the ghost of the Merkle tree

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shares his perspective with Richard Greaser

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and Rod Palmer on this special edition of Behind the Bitcoin Podcast.

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Most people who get orange-pilled follow the same ritual.

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They set up a node, argue about hardware wallets on Twitter,

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and dedicate their lives to the cause of decentralizing and protecting Bitcoin,

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usually from feds.

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But one man took a different path.

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He didn't just get orange-pilled, he mainlined the entire mempool.

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He made adherserial transacting his M.O.

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While the rest of us obsess over cold storage setups, he obsesses over finding cracks in

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the canote.

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Because nothing says love like constant psychological warfare with your favorite protocol.

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While we stack sats, he stacks exploits.

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While we argue on Twitter about whether BRC20s are spam, he stress testing incentives until

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they beg for mercy.

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While we cosplay cypherpunk revolution, he's actually poking Bitcoin's weak points, not to destroy it, but to make it indestructible.

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He is, in a sense, the only Bitcoin are brave enough to attack Bitcoin every day, so the rest of us don't have to.

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Today, on Behind the Bitcoin podcast, we go behind the game theory, behind the culture, behind the paranoia, with the not-step himself, Portland HODL.

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Buckle up, listeners. We're talking to an adversarial peer.

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welcome portland hodl i have one question for you to open this would you call yourself a hero

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or a villain of bitcoin i would say i'm the hero of bitcoin that bitcoin needs some people may not

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like it but i think we all need bitcoin to be stress tested we need it to be poked we need to

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find this thing make the honey badger the strongest species on earth that everybody can use without

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worry of an attacker taking advantage of this permissionless system so there's been a lot of

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confusion recently uh on how consensus is reached on anything pertaining to bitcoin development

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you've got people like dennis porter who think that bitcoin is government and it should be more

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democratically decided by the users you've got other people that see bitcoin core as kind of

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like a benevolent dictatorship how how should the community determine if we need a hero or not

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um the reality is that the community shouldn't have heroes bitcoin is basically like a meritocracy

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don't trust and verify.

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And what I mean by that is like in Bitcoin,

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you need to be your own hero

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and you need to do your own research

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on absolutely everything.

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And that is because of the fact

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that every hero story also at the same time

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probably has a villain arc somewhere inside of it.

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And everybody that like you look up to

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usually ends up probably at the end of the day

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at some point, like quote unquote,

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like hanging themselves.

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Very few people in Bitcoin survive

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at all the levels of purity tests

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from every side.

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And we saw this with core developers recently.

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These people were quote unquote heroes of Bitcoin.

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We loved what they did.

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We were thankful for the work all the time,

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finding the exploits, patching them,

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making this thing basically bulletproof

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for everybody to use.

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And now you turn the table

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about a year and a half, two years later

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from the kind of start of some of this questioning

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on specifically X.

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And now they're villainized by a large portion

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of specifically like the Twitter audience.

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And what I want to point out about Twitter specifically,

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that is the most divisive microcosm of Bitcoin.

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So it is a part of Bitcoin.

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You have economic actors, influencers, devs,

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like everybody, like it is the platform to go to,

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to talk about Bitcoin.

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But at the end of the day,

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there are many other platforms.

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YouTube, internal chats, even at companies,

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all have some economic influence.

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but yeah nobody in bitcoin should have a hero everybody should be their own um i what about i

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mean at the end of the day if you think about luke he saved bitcoin multiple i was reading the other

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day it's like 2013 or 2017 luke saved bitcoin and at some point don't you earn the right to be

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a hero if you saved Bitcoin multiple times? What's the incentive to save Bitcoin if you won't be a

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hero forever? If you don't get your jersey retired and hanged at the Bitcoin conference in the

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rafters, why should I want to be a hero and save Bitcoin? It protects your own incentives. You want

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the perfect money. You want number to go up very likely. And as such, saving Bitcoin, if you

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actually save it like Luke did, well, you just preserved your own incentives. And what that

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also leads into is I believe you can be a hero in Bitcoin, but nobody should be ever judged based

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on their past at all. You can go like, hey, you have some merit. I believe what you've done,

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you've demonstrated technical capability, but an individual can turn on a dime, right? Good actors

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can become bad. Bad actors can become good. The definitions of these things themselves are not

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actually set into stone. And as such, yeah, you need to evaluate every individual on literally a

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now basis. Is this guy a good actor today? An example like has somebody been paid off by a

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government agency to become a chain analysis firm? I don't necessarily know of somebody that's done

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that. But at the same time, that would represent maybe somebody who was good in the past who is now

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bad. Somebody who's bad maybe leaves and says, hey, I realized I was a shit coiner and I came

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back to bitcoin that person can now be good uh but yeah it depends on where they are at the moment

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to be that how somebody should look at them they shouldn't they should not look at the past really

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we talk about this a lot on the on the show this this issue with resting on your credentials

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being appeal to authority right isn't that like an entire type of fallacy an individual can commit

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yeah it's hard because so one of my questions for you is is it dangerous to refer or to suggest

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that bitcoin is fallible in some way or another because so many people see this this currency as

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as a savior you know what i mean like we look at the world around us it's ran by

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gay retards essentially and they're collapsing everything fiat money is collapsing everything

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they're inflating it uh to infinity society's crumbling people need a sense of certainty they

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need a sense of hope bitcoin comes along and then portland huddle is suggesting that it's not

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perfect and infallible is that a dangerous thing to present into

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i you i would i would like to respond um i've actually i think demonstrated the opposite

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and what i mean by that is though i have uh attempted to poke prod and find weaknesses in

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bitcoin there have not been any there's been no i have not been able to stop a block i have not

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been able to break a signature. I've not been able to take funds from an individual. That is the

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beauty of this journey is every single thing I have discovered or found has been a minor

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inconvenience to somebody in terms of mempool policy or your max target upload for the amount

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of data you can send per day. But nothing has actually broken Bitcoin. And so from a technical

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perspective, Bitcoin is probably one of the most infallible pieces of software we have as humanity.

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Released once and it's literally just continuing to work every single day. The node Satoshi had on

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his laptop, I built and ran that version of Bitcoin. Today, connected it up without any

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code modifications, you will sync to the exact same chain tip. One release of a piece of software

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and it just works. Unbelievable. I do believe Bitcoin is close to infallible as software.

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The social aspects of Bitcoin are a very different issue.

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I think people are fallible.

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People can use Bitcoin in insanely fallible ways.

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The incentives ultimately align to make bad actors go broke.

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And then the final component of like, what is the fallible aspect of Bitcoin?

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Like where is the potential like boogeyman in the room?

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I would say that it's mining pools and Bitmain.

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Those are the only two things.

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I think literally the incentives also solve this problem as well.

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because even if they get centralized so much

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and a bad thing happens,

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number goes down, less profitable,

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more companies spring in to basically pick up the pieces.

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It all works out long-term.

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That's my belief.

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And that's why I think it's okay

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to test and improve Bitcoin every single day.

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So yes, Bitcoin,

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I don't think anybody should say Bitcoin is dead,

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quote unquote.

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Bitcoin's not dead.

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I do not think Bitcoin is dying.

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I think Bitcoin is stronger than ever.

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With that said,

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yeah, there are like little points

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that you could point out that aren't perfect.

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I want to push back a little bit

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because you say,

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and nobody's questioning your technical chops

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or your expertise here,

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but even though you were not able to find a way

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to harm Bitcoin and to break Bitcoin,

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UDI and some of the ordinal NKC ordinals

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were able to find it.

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And they were able to find a way to break Bitcoin using spam.

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So how do you address that if spam breaks Bitcoin?

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So the argument that Bitcoin has been broken specifically by UDI because of spam, I rest on the definition of breaking Bitcoin being you are able to stop the Bitcoin network from operating.

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Not by controlling who is buying block space or what is the contents of block space.

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It's if you can actually get the network to stop producing blocks or break a block to the point where it's not valid anymore.

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Like you actually crashed the software out.

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So with that said, though Udi created an environment by using spam ordinals and inscriptions, if you define it that way, he only created a fee market that because Bitcoin is a free market and miners are rational, profit-seeking actors, took these quote-unquote spam transactions.

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the other actors on the network were not wanting to bid as much to buy that block space.

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So Bitcoin was 100% never broken by Udi.

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I think that is a completely false claim.

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I think it may have been used as part of like an outrage marketing campaign

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to probably try to get people interested in his collections of JPEGs.

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So no, Bitcoin to my definition was never broken by ordinals or inscriptions.

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Everything functioned perfectly.

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And if we just zoom all the way out, the beautiful part, how are ordinals doing today?

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How are these ordinals and runes, et cetera?

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Well, they're not gone.

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And I would say that some of these people, the loudest critics of booty and ordinals,

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would say, but I think Bitcoin is broken if it is gay.

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And if these fee markets for ordinals make Bitcoin gay, then it might as well be broken

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because I don't want to use gay money.

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I, as a developer,

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have a tough time determining

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how to define

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what kind of spam makes Bitcoin.

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How did the spam make Bitcoin gay?

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I don't have a technical definition for you.

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I would just go off of what

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the Supreme Court has said in the past.

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I know it when I see it.

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I can't describe it to you,

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but I know it when I see it.

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Yeah, so but it's like all of a sudden your view of Bitcoin is changing into like a more gay view.

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And that's up to you whether or not you like it.

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But it seems like it's like more of a negative thing that's become gay because of these spam transactions.

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The fact is, though, it kind of like the actual effect of it is mitigated by the fact the attacker or quote unquote the person making these things runs out of money.

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And that's what's happening right now.

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Now, these spam transactions, they're still there, yes, because people are putting this content on chain.

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But with that said, you can easily outbid it today.

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So if you want to transfer a transaction, you can do 0.5 sats per VBite below any previous possible threshold before July.

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You could never do a fee this low until this year on Bitcoin.

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So with that said, if you want it to be a little less gay, as you say, you got to pay up.

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you got to pay for that block space and turn it around but that's the thing of bitcoin is

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permissionless you can do make bitcoin what you want bitcoin to be what your money i thought your

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money where your mouth is yeah and and did up those those blocks um richard did you have a

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question i wanted to let you go on this train of thought because i've got a a different topic

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um so it's but what about the the fact that this spam it builds up and it makes it harder

234
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for people in the global south to run to be a node runner i mean i think about when i was

235
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when i was 13 years old i got namster i waited four days to download the middle by jimmy world

236
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on a 28k Earthlink connection.

237
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TikTok Zoomers, Broccoli haircut kids,

238
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they don't have the patience to wait a week

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to download a node if they need to be sovereign

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and have permissionless access.

241
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Sensor-sip resistant money,

242
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they don't have time to wait a couple days

243
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to download a node.

244
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How do we solve that if these spammers

245
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are filling it with a gay history?

246
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They don't want to download a gay history

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on the blockchain.

248
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oh that's that's that first of all let's address two things here first of all the type of content

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on the blockchain so that you cannot control it's a permissionless system if you absolutely cannot

250
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have that specific type of content you can do one thing basically you can run a pruned bitcoin node

251
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aka you download the blocks and even whatever content they have in them you'll throw away

252
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after you're done so you can you can kind of you can put this on your system for a little bit it's

253
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in RAM, but it goes away. The second thing is like, okay, let's talk about the reality. Has spam

254
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actually like made node running worse? The answer is to a slight degree. Yes. Because of the fact

255
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that the average block size, the amount of data being added each time a new block is mined did

256
00:18:44,400 --> 00:18:51,960
increase for a period of about like a year and a half. Thanks to the bounds of Bitcoin, which is

257
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four megabytes per block. You can't go past that. Like that's the hard limit. Bitcoin,

258
00:18:56,820 --> 00:19:01,520
if you are running a Bitcoin node, you have to think adversarially. You need to run a node

259
00:19:01,520 --> 00:19:06,160
expecting the worst case scenario. Somebody could do four megabyte, four megabyte, four megabyte,

260
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four megabyte. But overall, the actual time chain itself is growing at a rate which is barely

261
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noticeable compared to a different noticeably, barely noticeably different compared to the past.

262
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That's my statement on that.

263
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It's like, nobody has provably shown that the spam has made Bitcoin node runners any worse off materially.

264
00:19:30,020 --> 00:19:30,700
So that's what I'd say.

265
00:19:30,960 --> 00:19:38,100
To clarify, thinking adversarily when you're running a node, is that just for a economic node?

266
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Or is that for a virtuous voting node too?

267
00:19:42,040 --> 00:19:42,660
Or is it all nodes?

268
00:19:42,660 --> 00:19:44,200
Oh, okay.

269
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So an economic node is a virtuous voting node.

270
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There's no difference.

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Like economic influence is one of the pillars of like influence in Bitcoin where you have

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00:19:54,780 --> 00:19:59,160
quote unquote voting rights if you could think about it in any concept.

273
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And yeah, at the end of the day, you need to think adversarially when you have any amount

274
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of money invested in running a Bitcoin node or if you could potentially have any expenses

275
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related to running a Bitcoin node.

276
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Example, AWS, right?

277
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Like if you have a monthly bill,

278
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you should have some like investment

279
00:20:17,460 --> 00:20:19,940
to making sure this thing doesn't like uncap loss you

280
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to the end of time.

281
00:20:21,040 --> 00:20:24,540
Also, like if you're storing your money in a hardware wallet,

282
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you want to make sure your node

283
00:20:25,940 --> 00:20:27,940
is absolutely at the correct chain tip.

284
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As such, think adversarial.

285
00:20:30,180 --> 00:20:32,080
How could somebody distribute a bad binary?

286
00:20:32,400 --> 00:20:33,700
Why not just build it from source?

287
00:20:33,940 --> 00:20:36,200
Is your copy of Umbral like legit?

288
00:20:36,200 --> 00:20:37,980
Like just very basic checks

289
00:20:37,980 --> 00:20:39,640
can prevent a lot of pain and hardship

290
00:20:39,640 --> 00:20:41,420
and it becomes much more important

291
00:20:41,420 --> 00:20:46,540
like not just node running but wallets specifically like anybody out there like just always

292
00:20:46,540 --> 00:20:52,560
if you're using a software wallet do not trust that wallet on a desktop computer always look

293
00:20:52,560 --> 00:20:56,360
at the outputs on your hardware wallet to make sure the addresses are correct but in terms of

294
00:20:56,360 --> 00:21:04,320
the bitcoin node like how do you have you you mentioned the term like voting and virtues

295
00:21:04,320 --> 00:21:12,020
Bitcoin nodes in of themselves have no influence, no voting rights per se.

296
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Running a node does not give you the right to vote for anything.

297
00:21:16,620 --> 00:21:25,100
The reason why is let me take the scenario of I run an AWS account and I have a lot of capital.

298
00:21:25,700 --> 00:21:26,720
Let's say like $10,000.

299
00:21:27,180 --> 00:21:33,180
I could spool up probably 2,000, 3,000 Bitcoin nodes and put them on the network.

300
00:21:33,180 --> 00:21:36,200
we have 20

301
00:21:36,200 --> 00:21:37,880
let's say we have 20,000 nodes

302
00:21:37,880 --> 00:21:52,108
does that give me roughly one sixth of the voting rights on the Bitcoin network do I suddenly just get each my node raises its little node hand and goes I like this software OpsiTV No that

303
00:21:52,108 --> 00:21:57,708
absolutely not the case. Bitcoin is rough consensus. As such, your node, quote unquote,

304
00:21:57,968 --> 00:22:03,528
its ability to have influence on the network depends on the scaling factor of your economic

305
00:22:03,528 --> 00:22:08,708
influence or hash rate. What I mean by that, you can either one, mine with that Bitcoin node with

306
00:22:08,708 --> 00:22:13,048
your hash rate, and then you get to influence the contents of what is being written to the

307
00:22:13,048 --> 00:22:13,748
Bitcoin time chain.

308
00:22:13,928 --> 00:22:14,988
That is amazing.

309
00:22:15,588 --> 00:22:19,588
That's where a lot of the policy disagreements actually come from, is the fact these miners

310
00:22:19,588 --> 00:22:25,728
have so much influence relative to the just kind of relay nodes on the network in terms

311
00:22:25,728 --> 00:22:26,968
of what gets put in blocks.

312
00:22:26,968 --> 00:22:32,688
And that's purely because mining nodes are the only ones that can put anything into blocks,

313
00:22:32,788 --> 00:22:33,068
right?

314
00:22:33,568 --> 00:22:35,848
And then the other way is economic force.

315
00:22:35,848 --> 00:22:44,568
Okay, my example on this one is, let's say I, Portland HODL, run a hamburger shop in El Salvador.

316
00:22:45,988 --> 00:22:53,928
Okay, and so this hamburger shop takes Bitcoin and Lightning payments, and I am really opposed to OpCTV.

317
00:22:54,888 --> 00:22:57,608
This is a pretty brutal example, but I'm going to use it anyways.

318
00:22:58,108 --> 00:23:04,228
And I go on Twitter, I say, hey, my hamburger shop, we don't like OpCTV, we want our money to stay the same.

319
00:23:04,228 --> 00:23:06,228
It's got to be really, really solid.

320
00:23:06,488 --> 00:23:09,028
And we don't trust the proposal after reviewing it.

321
00:23:09,368 --> 00:23:09,468
Okay.

322
00:23:09,868 --> 00:23:11,048
So, great.

323
00:23:11,688 --> 00:23:14,088
Everybody's going to go, that's a nothing burger.

324
00:23:14,228 --> 00:23:15,788
I don't care that much.

325
00:23:15,848 --> 00:23:17,768
It may get a few retweets, etc.

326
00:23:18,408 --> 00:23:23,128
But what happens when an economic node that controls billions of dollars worth of Bitcoin

327
00:23:23,128 --> 00:23:24,588
wants to make a decision?

328
00:23:24,748 --> 00:23:27,028
A BlackRock or, for example, a Coinbase.

329
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And they say, we support CTV.

330
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Then a lot of people get involved.

331
00:23:31,708 --> 00:23:35,708
because of the fact that their money is tied up with these institutions.

332
00:23:35,708 --> 00:23:38,268
In the case of, for example, BlackRock, IBIT,

333
00:23:38,488 --> 00:23:40,728
it literally says in the prospectus of their ETF,

334
00:23:41,308 --> 00:23:43,748
in the event of a fork in Bitcoin,

335
00:23:44,288 --> 00:23:49,788
we select the version of Bitcoin to be the holdings of the actual fund itself,

336
00:23:49,788 --> 00:23:52,988
and we will liquidate the other side of the fork.

337
00:23:53,408 --> 00:23:56,928
That node runner right there has tons of influence

338
00:23:56,928 --> 00:24:01,568
to decide a complete liquidation event of hundreds of thousands of Bitcoin

339
00:24:01,568 --> 00:24:04,408
as well as the direction of the next fork

340
00:24:04,408 --> 00:24:06,248
because everybody's got their value locked in this thing.

341
00:24:06,508 --> 00:24:07,588
So that's kind of my point.

342
00:24:07,708 --> 00:24:09,608
It's like just running a node

343
00:24:09,608 --> 00:24:11,268
or spooling up a bunch of nodes

344
00:24:11,268 --> 00:24:12,468
for the sake of having nodes

345
00:24:12,468 --> 00:24:14,328
does not do anything

346
00:24:14,328 --> 00:24:17,048
other than make the Bitcoin time chain more available.

347
00:24:18,628 --> 00:24:21,288
Yeah, I do think though

348
00:24:21,288 --> 00:24:23,888
that it is also fundamentally,

349
00:24:24,308 --> 00:24:26,528
it depends on like what you're talking about

350
00:24:26,528 --> 00:24:29,788
is like the actual incentives,

351
00:24:29,888 --> 00:24:31,368
how they play out on chain.

352
00:24:31,568 --> 00:24:36,948
But there is a little bit of a second layer, whether, you know, the cultural second layer.

353
00:24:37,508 --> 00:24:41,548
You can't have, you know, Matthew Cratter recommends Start9, for example.

354
00:24:41,708 --> 00:24:44,408
So a lot of the nodes runners have been buying.

355
00:24:44,408 --> 00:24:53,328
If you pay $900 for a Start9 node server, that is an economic decision.

356
00:24:53,508 --> 00:24:55,008
That is a political decision.

357
00:24:55,288 --> 00:24:57,088
So you have to take that into account.

358
00:24:57,368 --> 00:24:59,548
Like, Start9 is selling so many nodes.

359
00:24:59,548 --> 00:25:10,868
It does tell you something about the seriousness of these Nots people to make this decision.

360
00:25:11,708 --> 00:25:12,228
Yeah.

361
00:25:12,628 --> 00:25:15,268
And to that, I would say that running a node is amazing.

362
00:25:15,568 --> 00:25:18,948
And you're also creating economic influence for Start9.

363
00:25:19,308 --> 00:25:21,388
And Start9 has used their influence.

364
00:25:21,528 --> 00:25:26,268
For example, they have created now a Nots download and even publicly stated on their Twitter,

365
00:25:26,268 --> 00:25:30,748
like hey we we kind of like are into this now and we were kind of like really saying like hey you

366
00:25:30,748 --> 00:25:36,148
have this option really pushing it with that said though like think about it like you buy this 900

367
00:25:36,148 --> 00:25:42,548
node from start nine okay your your bitcoin journey has began okay let's get you started

368
00:25:42,548 --> 00:25:46,348
we're going to do a lightning we're going to run some lightning channels some lnd etc

369
00:25:46,348 --> 00:25:52,928
cool you're doing a lot of spam let's put it that way you can't send a lot of spam we can handle it

370
00:25:52,928 --> 00:25:55,448
But yeah, you're not going to have a problem.

371
00:25:55,588 --> 00:25:58,328
If you get to start 9, I don't think you're going to have a problem downloading the time chain,

372
00:25:58,388 --> 00:26:00,008
as long as it's not the Raspberry Pi variant.

373
00:26:00,368 --> 00:26:07,268
But regardless, you get this node, and Bitcoin is getting serious.

374
00:26:07,468 --> 00:26:08,348
It's soft work time.

375
00:26:08,508 --> 00:26:11,388
What influence do you have as that node runner?

376
00:26:11,868 --> 00:26:12,728
What can you do?

377
00:26:14,588 --> 00:26:15,888
You're pinned up against the wall.

378
00:26:16,188 --> 00:26:19,728
These devs have told you you're going to drink CTV whether or not you like it.

379
00:26:20,368 --> 00:26:22,068
What can you do with your $900 node?

380
00:26:22,928 --> 00:26:32,568
well first of all you can handle uh ibd downloads so you're a little bit more fortified but

381
00:26:32,568 --> 00:26:41,968
you can you know you can refuse to filter their spam or to relay their spam their transactions so

382
00:26:41,968 --> 00:26:46,428
they can't they can't go through you that's it that's the only thing yeah well there's there's

383
00:26:46,428 --> 00:26:53,368
one other there's the there's the ultimate option as a node runner you can say that hey i don't want

384
00:26:53,368 --> 00:26:58,188
to accept the block that you've produced as the miner you the miner the miner pushes down your

385
00:26:58,188 --> 00:27:02,108
nodes throughout the ctv block i'm using ctv as an example because most people know what it is

386
00:27:02,108 --> 00:27:08,148
hopefully but like your node you can say hey i'm done no more and you can say i don't want this

387
00:27:08,148 --> 00:27:13,868
block the problem then becomes your node is stalled out it's not taking any more blocks because

388
00:27:13,868 --> 00:27:15,668
you're refusing to build on top of the chain tip.

389
00:27:15,828 --> 00:27:17,288
You have no economic influence.

390
00:27:17,528 --> 00:27:19,248
You can't cry to anybody saying like,

391
00:27:19,308 --> 00:27:20,568
hey, I forked off the network

392
00:27:20,568 --> 00:27:22,348
because I didn't want this block in there.

393
00:27:23,088 --> 00:27:26,428
Like that's why economic influence matters.

394
00:27:26,568 --> 00:27:28,868
Because if somebody forks Coinbase off, right?

395
00:27:28,948 --> 00:27:30,468
Like let's say Coinbase forks off

396
00:27:30,468 --> 00:27:31,408
because they invalidate.

397
00:27:32,028 --> 00:27:34,768
That situation becomes much different

398
00:27:34,768 --> 00:27:37,248
because now people have tons of value

399
00:27:37,248 --> 00:27:38,788
locked up in this exchange

400
00:27:38,788 --> 00:27:41,428
that their chain tip isn't moving forward anymore.

401
00:27:41,848 --> 00:27:44,168
Miners probably have some investment in this.

402
00:27:44,488 --> 00:27:47,348
And so this interaction is what really is the meat and potatoes.

403
00:27:47,348 --> 00:27:51,668
But buying a $900 start nine is an amazing educational tool.

404
00:27:52,168 --> 00:27:53,888
And I'm saying this for any node specifically.

405
00:27:54,328 --> 00:27:55,788
You can learn how to be a Bitcoiner.

406
00:27:55,948 --> 00:27:57,588
And a node is the first touchpoint.

407
00:27:57,688 --> 00:28:01,968
And one of the very few touchpoints you can have to actually feel Bitcoin.

408
00:28:02,308 --> 00:28:06,248
You're doing something with this invisible money.

409
00:28:07,088 --> 00:28:08,908
And that's really good.

410
00:28:08,908 --> 00:28:13,568
That's actually like if you look at my history as Portland Odle, I got started with run a node.

411
00:28:13,988 --> 00:28:16,388
Like literally that was I was I was hey, run a node.

412
00:28:16,588 --> 00:28:20,708
I would help people with Bitcoin tech support was my first spaces I ran.

413
00:28:20,968 --> 00:28:24,688
I ran every week on Monday, Bitcoin tech support and I'd help people with their nodes.

414
00:28:25,508 --> 00:28:31,628
And so with that, though, I also had like my initial fallacy was I literally said the quote, one node, one vote.

415
00:28:31,628 --> 00:28:38,888
that was in my my one of my first twitter spaces because i didn't understand it's your influence

416
00:28:38,888 --> 00:28:44,128
on the bitcoin network through economics or whatever you got to be doing well and i think

417
00:28:44,128 --> 00:28:50,408
that i i don't think there's anything wrong with saying one node one vote because um if if if if

418
00:28:50,408 --> 00:28:54,728
running a node just gives you a vote that ultimately doesn't matter like your vote doesn't matter

419
00:28:54,728 --> 00:29:01,428
voting doesn't matter um it's about how much how much money you control so yeah one node is one vote

420
00:29:01,428 --> 00:29:08,508
but one vote doesn't equal one vote in terms of influence on the actual network.

421
00:29:08,808 --> 00:29:10,748
It's really like the scale of that vote per se.

422
00:29:10,868 --> 00:29:12,848
Yeah, I guess you could say you're voting with your node,

423
00:29:12,968 --> 00:29:16,308
but the amount of vote you get is very different.

424
00:29:16,308 --> 00:29:20,888
You're voting with your node, but most people that have power are voting with their wallet.

425
00:29:21,148 --> 00:29:27,108
And if your wallet doesn't control a lot of UTXOs, well, nobody cares what your opinion is.

426
00:29:27,488 --> 00:29:31,048
That's a little bit tricky as well, though, because what value?

427
00:29:31,048 --> 00:29:37,748
Okay, let's talk economic influence, like how running a node affects somebody, even with a ton of Bitcoin here.

428
00:29:37,868 --> 00:29:38,648
I'm going to give the example.

429
00:29:39,628 --> 00:29:41,188
You are Satoshi, okay?

430
00:29:41,408 --> 00:29:48,188
And you run an economic node, a start nine, you got, and you connect Sparrow over Tor, and you're still remaining.

431
00:29:48,308 --> 00:29:49,068
You're completely a non.

432
00:29:49,768 --> 00:29:50,008
Okay.

433
00:29:51,128 --> 00:29:52,788
Again, Bitcoin is changing.

434
00:29:53,388 --> 00:29:54,328
The fork is happening.

435
00:29:54,848 --> 00:29:55,708
What can you do?

436
00:29:55,788 --> 00:29:57,828
What influence do you have right now?

437
00:29:57,868 --> 00:30:00,368
Like with your node, what's the only thing you can do?

438
00:30:01,048 --> 00:30:06,348
I think one of the primary things you can do is you can tweet about that you have a node that

439
00:30:06,348 --> 00:30:10,788
you're node runner and it gives you a sense of credibility when you're arguing with people on

440
00:30:10,788 --> 00:30:15,628
the internet well technically yeah I guess you could do that but it's not going to have a whole

441
00:30:15,628 --> 00:30:19,948
lot of influence per se the most you could say is like hey I'm going to dump these coins

442
00:30:19,948 --> 00:30:24,468
and I will create a negative market event and then if you guys don't go with it and even then

443
00:30:24,468 --> 00:30:29,588
like your node can get forked off the network and you wouldn't be able to dump your coins because

444
00:30:29,588 --> 00:30:33,608
you forked you still have to follow the fork to dump your coins unless you dump it free yeah sorry

445
00:30:33,608 --> 00:30:40,468
i'm done no no you're right you're right so i my point is not so much that uh if you control all

446
00:30:40,468 --> 00:30:46,548
the bitcoin like you control the network however if michael saylor what the fork that michael

447
00:30:46,548 --> 00:30:52,148
saylor cheeses it should it come down to something like this it will so he is but michael saylor

448
00:30:52,148 --> 00:30:58,088
doesn't run a node so he doesn't even have to have a node to to vote he's probably he's boxing

449
00:30:58,088 --> 00:30:58,828
to Coinbase.

450
00:30:59,048 --> 00:31:03,668
No, yeah, he's going to rely on Coinbase or the federal government will be like, hey,

451
00:31:03,728 --> 00:31:05,648
Michael, we have a start nine for you.

452
00:31:05,708 --> 00:31:07,148
And that will be Michael's node.

453
00:31:07,468 --> 00:31:13,408
He'll have his start nine and he'll just kind of probably trust and don't verify on that

454
00:31:13,408 --> 00:31:13,608
one.

455
00:31:13,788 --> 00:31:18,568
And he's going to follow whatever orders he's told because any individual in Bitcoin, like

456
00:31:18,568 --> 00:31:23,388
working for Mara, which is a publicly traded company, you should always assume that those

457
00:31:23,388 --> 00:31:24,248
Bitcoin are captured.

458
00:31:24,248 --> 00:31:28,748
In a moment's notice, if the government says, you're giving us the keys, they will comply.

459
00:31:31,268 --> 00:31:39,968
But there is a value to running a node, even if it's not so powerful in the democracy, on-chain democracy.

460
00:31:39,968 --> 00:31:50,728
But what about the problems of just, you know, I'm running a node to send a political message and I got my umbrella and I do my knots node.

461
00:31:51,308 --> 00:31:54,788
And then, you know, maybe I don't use it for a couple of years.

462
00:31:55,668 --> 00:31:59,268
But then this comes to a point where I do need to use it.

463
00:31:59,528 --> 00:32:04,368
And because I need to use my node, I need to be transact on chain sovereignly.

464
00:32:04,368 --> 00:32:10,088
it's probably a bad climate outside of my subnet in my house here.

465
00:32:10,788 --> 00:32:14,528
There's probably reasons that I'm doing this out of the blue.

466
00:32:14,988 --> 00:32:17,068
I haven't used it for years.

467
00:32:17,068 --> 00:32:21,048
How do I know I'm not just being surrounded by Fed nodes

468
00:32:21,048 --> 00:32:26,208
who are going to screw me over when I try to use this for the first time?

469
00:32:27,488 --> 00:32:32,448
So from the actual software that Bitcoin is,

470
00:32:32,448 --> 00:32:39,408
you do validate the rules that your node has installed in Bitcoin core or nots on your start

471
00:32:39,408 --> 00:32:44,988
nine. So you can guarantee that even if the nodes are these fed nodes have surrounded your node,

472
00:32:45,088 --> 00:32:51,588
all your peers are just feds. You know, you're at least getting a source of truth on that node.

473
00:32:52,348 --> 00:32:58,788
The other note as well is that you could use the whole thing becomes that point, like a privacy

474
00:32:58,788 --> 00:33:04,988
thing. So I guess I'll elaborate a little bit further. Censorship potentially as well. So maybe

475
00:33:04,988 --> 00:33:09,168
the Fed nodes could be running like a blocks only or a malicious node set. So your transaction

476
00:33:09,168 --> 00:33:13,948
doesn't get broadcast. Then you can mail it to somebody, use mempool.space, broadcast your

477
00:33:13,948 --> 00:33:19,488
transaction because you don't actually need to use your node to send transactions. You only need

478
00:33:19,488 --> 00:33:23,788
to get your node to the chain tip to spend your UTXO in that case. You just need to be able to sync

479
00:33:23,788 --> 00:33:29,428
the IBD. Your peers, if they're malicious Fed nodes, could maybe, well, I guess let's make the

480
00:33:29,428 --> 00:33:33,888
joke here. They could ask for a bunch of IBDs and run your Comcast bill up. So that could be a

481
00:33:33,888 --> 00:33:38,588
problem. But I would just suggest maybe you could call up Comcast or maybe you'll just take the

482
00:33:38,588 --> 00:33:42,408
warning with Stride. You'll just be like, hey, my bad. One month, I just got to get this transaction

483
00:33:42,408 --> 00:33:47,448
out. I'm going to be downloading with my start nine here. And then the other thing is ultimately

484
00:33:47,448 --> 00:33:54,668
privacy. So like, okay, you're surrounded by Fed nodes. Your IP is already completely doxed.

485
00:33:54,668 --> 00:33:59,508
They already know who you are. They're listening to you for a reason. You're done. You need to use

486
00:33:59,508 --> 00:34:07,308
Tor at that point. You need to use real manly privacy tools, like actual mountain man, go get

487
00:34:07,308 --> 00:34:12,088
your Tor connection set up. I think Start9 actually uses Tor by default and bypass these

488
00:34:12,088 --> 00:34:14,188
clear net privacy

489
00:34:14,188 --> 00:34:16,228
issues that are created

490
00:34:16,228 --> 00:34:18,388
because your IP address is associated

491
00:34:18,388 --> 00:34:20,408
with your ISP, can be associated with your

492
00:34:20,408 --> 00:34:20,888
name as well.

493
00:34:22,508 --> 00:34:22,908
Yeah.

494
00:34:23,708 --> 00:34:24,708
It would suck though.

495
00:34:24,928 --> 00:34:25,368
Go ahead.

496
00:34:27,788 --> 00:34:30,308
Well, I still want to segue into a different topic,

497
00:34:30,468 --> 00:34:32,368
but if you want to continue on this one,

498
00:34:32,608 --> 00:34:33,168
feel free to.

499
00:34:33,868 --> 00:34:35,288
No, feel free to segue.

500
00:34:35,488 --> 00:34:38,248
I saw it on this one. Yeah, just basically use privacy if you're surrounded by

501
00:34:38,248 --> 00:34:40,108
Fed nodes. Just set up

502
00:34:40,108 --> 00:34:41,868
a Tor connection or an I2P.

503
00:34:42,088 --> 00:34:43,588
and then you can bypass most of that.

504
00:34:43,868 --> 00:34:45,388
Just don't use the default,

505
00:34:45,548 --> 00:34:47,468
hey, I'm going to use my Comcast connection to go out.

506
00:34:48,808 --> 00:34:51,068
So what we've really been learning

507
00:34:51,068 --> 00:34:56,188
from a lot of the arguing online recently

508
00:34:56,188 --> 00:35:00,488
is that this is not much of a technical discussion or argument.

509
00:35:00,488 --> 00:35:06,068
It's a very social-based argument and discussion.

510
00:35:06,988 --> 00:35:08,988
There seems to be a growing rift

511
00:35:08,988 --> 00:35:11,868
between the podcasters and the developers.

512
00:35:12,088 --> 00:35:21,148
podcasters developers miners they oftentimes clash with each other for a variety of reasons

513
00:35:21,148 --> 00:35:26,068
but they're they're all part of the bitcoin security model they all secure the network in

514
00:35:26,068 --> 00:35:32,668
in various ways the podcasters bring users in market demand to bitcoin so that the miners can

515
00:35:32,668 --> 00:35:39,788
mine profitably so the developers can receive funding there's justification for it they're

516
00:35:39,788 --> 00:35:41,328
they're all important.

517
00:35:41,488 --> 00:35:41,708
Do you,

518
00:35:41,708 --> 00:35:43,248
do you see,

519
00:35:43,428 --> 00:35:48,248
I actually see the replacement of developers with podcasters long-term.

520
00:35:48,888 --> 00:35:50,528
I think that the,

521
00:35:50,528 --> 00:35:50,708
the,

522
00:35:50,708 --> 00:35:51,868
the problem with developers,

523
00:35:51,868 --> 00:35:53,108
even like our,

524
00:35:53,108 --> 00:35:54,628
our podcast today,

525
00:35:54,628 --> 00:35:55,668
it's,

526
00:35:55,768 --> 00:35:55,908
they're,

527
00:35:55,988 --> 00:35:57,128
they're hard to communicate with.

528
00:35:57,128 --> 00:35:57,448
Like you,

529
00:35:57,548 --> 00:35:59,368
you have like this different species right now,

530
00:35:59,368 --> 00:36:02,768
like on stage and the podcasters can communicate very clearly,

531
00:36:02,768 --> 00:36:04,048
like excellent audio quality.

532
00:36:04,168 --> 00:36:04,508
They,

533
00:36:04,608 --> 00:36:08,208
they know how to handle PR with individuals.

534
00:36:08,208 --> 00:36:08,788
They know how to,

535
00:36:08,848 --> 00:36:09,668
how to relate.

536
00:36:09,788 --> 00:36:11,588
the issue with devs,

537
00:36:11,728 --> 00:36:14,168
as we've seen with specifically like Bitcoin core,

538
00:36:14,368 --> 00:36:16,328
they didn't relate to the people.

539
00:36:16,428 --> 00:36:20,368
They didn't have a podcaster out there to represent Bitcoin core.

540
00:36:20,728 --> 00:36:21,928
And look at what happened.

541
00:36:22,268 --> 00:36:23,468
They got absolutely crushed.

542
00:36:24,248 --> 00:36:26,648
So their credibility is trashed.

543
00:36:26,668 --> 00:36:27,068
It's gone.

544
00:36:27,908 --> 00:36:30,348
They do have podcasters kind of springing up to,

545
00:36:30,348 --> 00:36:31,708
to represent core now.

546
00:36:31,828 --> 00:36:33,128
So you've got Stefan Levera,

547
00:36:33,208 --> 00:36:34,068
you got Shinobi,

548
00:36:34,988 --> 00:36:36,628
you know,

549
00:36:36,628 --> 00:36:41,128
Did you see that podcast that Shinobi did with Gloria?

550
00:36:42,768 --> 00:36:43,608
No, I did not.

551
00:36:44,648 --> 00:36:47,248
I've been pretty lax on my 40 hours a week.

552
00:36:47,328 --> 00:36:47,768
I apologize.

553
00:36:48,768 --> 00:36:49,428
It was pretty good.

554
00:36:49,608 --> 00:36:52,108
They did it at the MIT Bitcoin Expo,

555
00:36:52,768 --> 00:36:56,788
and it was the first time that I learned that Gloria didn't have a beard.

556
00:36:57,788 --> 00:36:59,668
And so that was a pretty shocking moment for me.

557
00:36:59,668 --> 00:37:04,488
I feel like that was a pretty important piece of information to know.

558
00:37:04,488 --> 00:37:10,408
I think a lot of podcast listeners would benefit from knowing that Gloria doesn't have a beard.

559
00:37:10,948 --> 00:37:15,188
No, Gloria does not have a beard, as the Twitter profile would suggest.

560
00:37:15,808 --> 00:37:20,628
I don't know why that specific photo was chosen, but here we are.

561
00:37:21,328 --> 00:37:22,688
I mean, I can understand why.

562
00:37:23,128 --> 00:37:28,448
I think it's hard being a woman in a lot of circumstances in Bitcoin.

563
00:37:28,948 --> 00:37:31,388
I mean, you see this historically.

564
00:37:31,388 --> 00:37:37,888
like people like jk rowling they use pen names in order to not deal with the the scrutiny or the

565
00:37:37,888 --> 00:37:43,168
stigma around like women authors and i feel like it's a similar thing with uh submitting

566
00:37:43,168 --> 00:37:49,408
uh code people people put into question they're like you're a woman you're young and you're hot

567
00:37:49,408 --> 00:37:55,188
why are you in this position do you deserve to be in this position whereas like man like the beard

568
00:37:55,188 --> 00:38:02,308
in a lot of ways acts as kind of like that that pen name of bringing legitimacy to her to her code

569
00:38:02,308 --> 00:38:09,628
because the problem is a lot of people don't take the time to or aren't capable of of reading and

570
00:38:09,628 --> 00:38:20,068
critically analyzing her contributions so they yeah i mean i i think the beard is is very useful

571
00:38:20,068 --> 00:38:24,788
but at the same time you know i think people would also benefit from knowing that she's hot

572
00:38:24,788 --> 00:38:28,848
But not some right, not runners can't code.

573
00:38:29,008 --> 00:38:29,908
They can't read codes.

574
00:38:29,988 --> 00:38:37,988
They can't read the code or see her history, her GitHub history and respect her, her experiences, skill.

575
00:38:38,348 --> 00:38:41,828
But the beard lets them now like, oh, OK, I should list.

576
00:38:41,948 --> 00:38:45,268
This is a this is an account with authority.

577
00:38:45,808 --> 00:38:49,588
Yeah, they can't read the code, but they can they can read her LinkedIn profile.

578
00:38:49,588 --> 00:38:59,948
Well, they also use the same code that's written by Gloria in Bitcoin Knotts because they take Bitcoin Core and they apply patches to it to make it Knotts.

579
00:39:00,068 --> 00:39:06,868
It's literally Bitcoin Core at the core with a fun new GUI to use with more sliders and more selectors.

580
00:39:07,488 --> 00:39:07,548
Yeah.

581
00:39:08,368 --> 00:39:12,448
Well, I think that, so kind of go back to the original question I was asking.

582
00:39:12,688 --> 00:39:16,488
So you were talking about how the podcasters are going to become developers.

583
00:39:16,488 --> 00:39:23,748
I think what has become super clear is the importance of public relations in general.

584
00:39:24,488 --> 00:39:24,988
Yes, absolutely.

585
00:39:25,988 --> 00:39:32,988
And what I mean by podcasters are going to replace developers, I'm being facetious here to a degree because it's a fun podcast to be on here.

586
00:39:32,988 --> 00:39:48,028
But at the end of the day, look at the contributions Mechanic has created to society's perception of Bitcoin and node running in general without any technical background on that.

587
00:39:48,268 --> 00:39:51,228
So Mechanic doesn't contribute code.

588
00:39:51,548 --> 00:39:55,328
He doesn't put in the work to make Bitcoin secure or make that machine tick.

589
00:39:55,548 --> 00:40:01,228
But he also has the authority to tell people exactly how everything should work.

590
00:40:01,228 --> 00:40:06,408
And so he's conjuring into reality his own version of Bitcoin.

591
00:40:06,888 --> 00:40:12,768
So with that said, podcasters, I think, will become sort of like wizards of Bitcoin, where

592
00:40:12,768 --> 00:40:19,548
they get so much influence through their ability to communicate that they will conjure the

593
00:40:19,548 --> 00:40:23,248
version of Bitcoin that they see best fit.

594
00:40:23,788 --> 00:40:29,428
And the people that want or that listen to these podcasts will then become the apparatus

595
00:40:29,428 --> 00:40:31,008
or the instruments of execution.

596
00:40:31,228 --> 00:40:35,308
to help achieve, to basically make that a reality for these podcasters.

597
00:40:35,428 --> 00:40:37,988
So the podcasters are going to become the devs,

598
00:40:38,208 --> 00:40:41,568
and then the devs are just going to become the labor, basically.

599
00:40:41,988 --> 00:40:46,088
That's kind of my thought on how podcasting interfaces with Bitcoin

600
00:40:46,088 --> 00:40:50,428
is the actual pillars of security of Bitcoin,

601
00:40:50,428 --> 00:40:54,148
or the influence of Bitcoin, you have the devs, the miners,

602
00:40:54,748 --> 00:40:57,228
and the economic actors.

603
00:40:57,468 --> 00:41:00,928
That's actually going to just become miners, economic actors, and podcasters.

604
00:41:01,228 --> 00:41:14,408
And then so we're seeing like the effect of podcasting and like Bitcoin has become now like the term suit coiner is very thrown around so loosely in Bitcoin communities.

605
00:41:14,688 --> 00:41:23,748
The podcasters are the interface between the capital that NGU enjoyers so much want and covet, right?

606
00:41:23,768 --> 00:41:24,568
They want that NGU.

607
00:41:24,748 --> 00:41:27,468
Like I'm okay with losing a little bit of cypherpunk for that.

608
00:41:27,468 --> 00:41:38,548
The podcasters will be that interface going forward, and the devs will execute the podcasters' requests, all leading to that NGU, the incentives of Bitcoin, and that's it.

609
00:41:38,668 --> 00:41:40,228
So podcasters are the devs.

610
00:41:41,008 --> 00:41:51,388
I agree, and I don't think there's anything facetious about that observation because I read a good tweet where somebody, and everybody agreed with it, so it must be true,

611
00:41:51,388 --> 00:41:55,648
that the most popular programming language in 10 years

612
00:41:55,648 --> 00:41:57,788
will be the English language because of AI.

613
00:41:58,128 --> 00:41:59,028
It won't be C++.

614
00:41:59,308 --> 00:42:00,008
It won't be Rust.

615
00:42:00,088 --> 00:42:00,908
It won't be Python.

616
00:42:01,708 --> 00:42:02,908
And you said it yourself.

617
00:42:03,448 --> 00:42:04,708
The devs are not to communicate.

618
00:42:05,468 --> 00:42:08,848
The podcasters are the ones who articulate the vision

619
00:42:08,848 --> 00:42:13,108
using the English language for the most part on podcasts.

620
00:42:13,108 --> 00:42:19,268
And so naturally, the apex articulate English speakers

621
00:42:19,268 --> 00:42:22,928
will be the ones who control Bitcoin.

622
00:42:23,248 --> 00:42:24,568
And our vision, the pod,

623
00:42:24,648 --> 00:42:26,408
the 40 hours per week vision,

624
00:42:26,948 --> 00:42:28,008
wherever that is,

625
00:42:28,808 --> 00:42:30,588
will take over.

626
00:42:31,428 --> 00:42:32,308
It won't be Rust Bitcoin.

627
00:42:32,508 --> 00:42:33,888
It'll be podcast Bitcoin.

628
00:42:33,888 --> 00:42:34,668
It's going to be a slow, painful journey

629
00:42:34,668 --> 00:42:35,828
for a lot of devs

630
00:42:35,828 --> 00:42:37,548
that have to get canceled along the way.

631
00:42:38,248 --> 00:42:40,308
But it's happening right now.

632
00:42:40,568 --> 00:42:41,828
There's nothing like...

633
00:42:41,828 --> 00:42:43,748
We are seeing this and witnessing it real time.

634
00:42:44,308 --> 00:42:45,188
It's not learning to code.

635
00:42:45,268 --> 00:42:46,088
Until the Cypher mode culture comes back,

636
00:42:46,308 --> 00:42:48,268
podcasters are your devs.

637
00:42:48,268 --> 00:42:54,388
it's not learn to code it's learn to podcast learn to english just interface with the ai just that's

638
00:42:54,388 --> 00:42:59,868
all you got to do like podcasters with a like you kind of brought in a new dimension to this with

639
00:42:59,868 --> 00:43:05,288
artificial intelligence at some point the podcasters may not even need devs to execute

640
00:43:05,288 --> 00:43:12,128
their visions any longer they will just go to chat gpt and ask i would like a more restrictive

641
00:43:12,128 --> 00:43:19,148
policy in my node i would like to block a specific node my comcast users have been affected i need

642
00:43:19,148 --> 00:43:33,216
to protect them and the ai will write this node software to do everything the podcaster wishes the podcasters are the summoners of bitcoin Absolutely I mean I think we leading the way on this trend

643
00:43:33,456 --> 00:43:36,036
We may have been the first Bitcoin podcasters

644
00:43:36,036 --> 00:43:40,156
to have our own Bitcoin implementation with BugleCore.

645
00:43:41,556 --> 00:43:44,776
So real quick, can you go over?

646
00:43:45,016 --> 00:43:48,016
I haven't ran the BugleCore software.

647
00:43:48,636 --> 00:43:50,776
What did you guys do differently than BitcoinCore?

648
00:43:50,856 --> 00:43:52,216
And why did you guys decide to fork?

649
00:43:52,216 --> 00:43:58,216
As a dev, I've always wondered, what was it that made you diverge?

650
00:43:59,416 --> 00:44:09,076
We were the first Bitcoin implementation to merge Peter Todd's poll request, the op return poll request.

651
00:44:09,316 --> 00:44:11,196
We did it because we were tired of waiting.

652
00:44:12,196 --> 00:44:17,636
We wanted less restrictive relay policy because we are journalists.

653
00:44:17,636 --> 00:44:19,676
We support free speech.

654
00:44:19,676 --> 00:44:21,516
and we felt it was important.

655
00:44:22,936 --> 00:44:23,096
Yeah.

656
00:44:23,816 --> 00:44:25,196
So I got to throw it out there though.

657
00:44:25,716 --> 00:44:27,856
I was the first one to remove

658
00:44:27,856 --> 00:44:29,896
op return limits from

659
00:44:29,896 --> 00:44:31,516
the Bitcoin core implementation

660
00:44:31,516 --> 00:44:33,556
at Marathon for Slipstream.

661
00:44:34,416 --> 00:44:35,896
We were the first

662
00:44:35,896 --> 00:44:37,076
podcasters to do it.

663
00:44:37,076 --> 00:44:38,816
We were the first

664
00:44:38,816 --> 00:44:40,656
open source.

665
00:44:40,816 --> 00:44:42,196
You did it for a commercial.

666
00:44:42,376 --> 00:44:45,096
First open source implementation fulfilling Satoshi's true vision

667
00:44:45,096 --> 00:44:46,756
versus this closed source

668
00:44:46,756 --> 00:44:48,536
empire-like corporation.

669
00:44:48,536 --> 00:44:57,716
One question is, you know, people are upset about the potential of having a big Comcast bill.

670
00:44:58,176 --> 00:45:12,636
But can you talk about, and we kind of alluded to this, you know, if you're going to run a node, if you're going to be on the network, if you want to make this impact, whatever impact you're trying to have,

671
00:45:12,636 --> 00:45:16,256
know that there are vulnerabilities,

672
00:45:16,776 --> 00:45:19,916
risks, that there's things you have to think about other than

673
00:45:19,916 --> 00:45:23,096
spam. Because the Nodd people,

674
00:45:23,376 --> 00:45:26,616
they have spam derangement syndrome is what I've been calling it.

675
00:45:26,916 --> 00:45:30,876
But there's other threats out there that they might not be thinking about.

676
00:45:31,276 --> 00:45:34,976
What kind of mindset mentality do you need to have

677
00:45:34,976 --> 00:45:38,896
to go into being a Node Runner? It's not just a LARP.

678
00:45:39,036 --> 00:45:40,096
It's a serious thing.

679
00:45:40,096 --> 00:45:44,276
So in terms of just being a Bitcoin node runner,

680
00:45:45,096 --> 00:45:47,216
pretty much you should just...

681
00:45:48,216 --> 00:45:52,376
I actually don't think the average user needs to worry as much

682
00:45:52,376 --> 00:45:55,296
about specific elements because of the fact that

683
00:45:55,296 --> 00:45:58,636
a lot of the devs have done the lifting of poking it before them

684
00:45:58,636 --> 00:46:01,656
to make sure that these things don't negatively impact them.

685
00:46:01,656 --> 00:46:05,576
They can't have specific transactions happen

686
00:46:05,576 --> 00:46:09,236
that make their node not work or a specific block request, etc.

687
00:46:09,236 --> 00:46:20,436
And so, yeah, as a node runner, the most important thing is like focus on your privacy and just in general, just use your node, keep up to date, like watch this thing and interface with it.

688
00:46:20,516 --> 00:46:21,796
That's the most important thing.

689
00:46:22,056 --> 00:46:28,356
But as somebody who wants to actually like improve and make nodes better, you got to actually look at code.

690
00:46:28,436 --> 00:46:29,196
You actually got to review.

691
00:46:29,376 --> 00:46:32,076
You got to push Bitcoin to its limits.

692
00:46:32,076 --> 00:46:38,856
And that's what I do. That's like my whole philosophy is that I want to find the points

693
00:46:38,856 --> 00:46:44,416
where Bitcoin can be improved for global adoption of Bitcoin as money for miners, node runners,

694
00:46:44,576 --> 00:46:49,476
and just it's going to work without question. And by doing that, like I've come up with some

695
00:46:49,476 --> 00:46:54,796
pretty interesting like little vectors that are problematic for Bitcoin. An example would be on

696
00:46:54,796 --> 00:47:00,356
my Twitter. I have the Poison Blocks, the Mempool Anarchist Cookbook that is actually like a really

697
00:47:00,356 --> 00:47:06,516
bad Bitcoin transaction that can happen right now that we need to patch out. The poking and like,

698
00:47:07,056 --> 00:47:14,156
I didn't actually attack any Comcast nodes, but I brought it up in discussion. That was a pain

699
00:47:14,156 --> 00:47:19,356
point people realized like, oh, wow, like nobody had really thought about this. But you need to

700
00:47:19,356 --> 00:47:23,996
think like your adversary in Bitcoin is permissionless. Anybody can use it. So if you are on one of

701
00:47:23,996 --> 00:47:29,236
these limited connections, okay, can the software itself determine ahead of time? And that's like

702
00:47:29,236 --> 00:47:32,816
something people are now thinking about. Can we create a version of Bitcoin that will automatically

703
00:47:32,816 --> 00:47:37,116
determine if you have data caps or not so that it'll automatically limit that upload. But if

704
00:47:37,116 --> 00:47:41,316
you're running a node, you do need to understand like, hey, the Bitcoin time chain is huge. You're

705
00:47:41,316 --> 00:47:46,236
downloading stuff for sometimes days at a time. And if you have a limited Comcast connection that

706
00:47:46,236 --> 00:47:52,976
has 1.2 terabytes a month before you get your warning, you will blow through 800 gigabytes of

707
00:47:52,976 --> 00:48:00,396
that or two thirds with one piece of software. So as a node runner, you need to think about like

708
00:48:00,396 --> 00:48:05,896
your own individual circumstances, but the majority of these things are handled. I have just went out

709
00:48:05,896 --> 00:48:12,076
onto the fringes and found something that a select few nodes may be impacted by.

710
00:48:13,056 --> 00:48:20,856
Yeah, I think there's the, you know, my neural business. I think that there's a lot of node

711
00:48:20,856 --> 00:48:26,936
runners who for the majority of them should just mine their own node just mine your own node and uh

712
00:48:26,936 --> 00:48:34,576
didn't stop worrying so much about these theoretical potential future threats to bitcoin

713
00:48:34,576 --> 00:48:41,576
just mind your own node and you go from there which yeah that's basically the way nodes work

714
00:48:41,576 --> 00:48:48,256
like in general there's of course fringes and the because bitcoin is so marginal and what i mean by

715
00:48:48,256 --> 00:48:53,456
that is like it is relatively stable bitcoin is the same rough thing it was 15 years ago

716
00:48:53,456 --> 00:49:00,896
any little deviation from that can create a new cycle somebody literally just finds some specific

717
00:49:00,896 --> 00:49:06,016
like comcast thing for a user that that shouldn't i'm a i'm a nobody on twitter that shouldn't have

718
00:49:06,016 --> 00:49:09,176
blown up because nobody should have cared if i didn't say anything nobody had noticed because

719
00:49:09,176 --> 00:49:15,876
nothing even happened but like yeah that that's the ultimate point is that very small things devs

720
00:49:15,876 --> 00:49:23,176
can have huge influence because of the fact everybody is seeking with a $2 trillion asset

721
00:49:23,176 --> 00:49:26,376
the latest thing that's happened on something that's 15 years old.

722
00:49:26,376 --> 00:49:31,656
So for example, as well, you've recently had it kind of stir up in Bitcoin Core,

723
00:49:32,296 --> 00:49:39,276
literally calling one group, calling for a credibility crisis, corrupt core, etc.,

724
00:49:39,276 --> 00:49:46,876
for changing the value of op return that gets relayed on the network per Bitcoin core version

725
00:49:46,876 --> 00:49:53,136
30, not even removing the option. But regardless, the statements made have been like, hey,

726
00:49:53,276 --> 00:49:58,776
this is going to break Bitcoin, etc. That is completely false. It's on the margin,

727
00:49:58,976 --> 00:50:04,196
a nothing burger that gets blown out of proportion because it's the topic of the day. It's the only

728
00:50:04,196 --> 00:50:10,276
interesting thing that I believe anybody could find. And you can see that how volatile this is

729
00:50:10,276 --> 00:50:15,376
during these specific events by how distracted individuals get with like bigger fish. And what

730
00:50:15,376 --> 00:50:20,716
I mean by that is like, okay, X thing happens, blows out a proportion on Twitter, and then

731
00:50:20,716 --> 00:50:24,416
somebody else does something even remotely slightly bigger that is still to me pretty

732
00:50:24,416 --> 00:50:29,156
uninteresting. And that becomes the new topic because of the fact that the attention has shifted.

733
00:50:29,156 --> 00:50:34,176
It's moved on. It was nothing burger in the first place. It was just a point. It was a wedge. It's

734
00:50:34,176 --> 00:50:40,116
something you can put in, something you discuss. It's engagement. And on every side of all of this,

735
00:50:40,896 --> 00:50:47,356
I'm just going to say, there's money being made. If you run a pool, you can make money by running

736
00:50:47,356 --> 00:50:51,936
a loose mempool policy. We've seen literally miners increase their profitability by accepting

737
00:50:51,936 --> 00:50:57,556
more transactions through these non-standard, non-gossip channels. Okay. Well, what about the

738
00:50:57,556 --> 00:51:02,816
other side? If you run a tight mempool policy, go say that you're saving Bitcoin through relay

739
00:51:02,816 --> 00:51:08,976
policy like you're going to get more members it's like everybody the podcasters are the ultimate

740
00:51:08,976 --> 00:51:15,856
winners they get content all the time so like it's the only people that i would say are true

741
00:51:15,856 --> 00:51:20,496
like in the middle like not getting a ton is those that aren't learning and just sitting through these

742
00:51:20,496 --> 00:51:24,716
kind of discussions without using their their life's time like you should be learning about

743
00:51:24,716 --> 00:51:30,156
you should be critically thinking but everybody had an incentive to make this drama happen every

744
00:51:30,156 --> 00:51:37,356
single side did my my final point on this topic is that you know we learned this in spaces earlier

745
00:51:37,356 --> 00:51:42,136
today some shit coiner came in and was telling us all these threats to bitcoin it's like i've heard

746
00:51:42,136 --> 00:51:50,236
them all years ago this is also if you want to to scream at the top of your lungs for everybody to

747
00:51:50,236 --> 00:51:55,616
hear that you found a new you know vulnerability or a new thing that breaks bitcoin or a new threat

748
00:51:55,616 --> 00:52:01,236
the bitcoin h i i'm not listening to you unless you listen to 40 hours per week unless you listen

749
00:52:01,236 --> 00:52:07,596
to 40 hours per week and i know like if you haven't go listen and it's probably been addressed

750
00:52:07,596 --> 00:52:13,936
already this is probably known just calm down and if you're not listening to bitcoin podcast it's

751
00:52:13,936 --> 00:52:18,896
just like i don't have time to listen to all the threats that you you found on twitter that are a

752
00:52:18,896 --> 00:52:24,336
threat to bitcoin it's just listen go listen to the podcast what is what does it mean i i have i

753
00:52:24,336 --> 00:52:30,056
found bitcoin and i'm here to fix it like that is a very common thing it's just the new perspective

754
00:52:30,056 --> 00:52:35,376
you finally looked at the elephant from the lens you have and you've decided i can fix the rest of

755
00:52:35,376 --> 00:52:41,556
the pieces i don't understand like that is so incredibly common in bitcoin absolutely well on

756
00:52:41,556 --> 00:52:48,056
topic of using uh bitcoin as money that's a even controversial statement in of itself but we're big

757
00:52:48,056 --> 00:52:53,676
believers in that here at the bugle one thing that we do before

758
00:52:53,676 --> 00:53:01,156
or at the end of every show is we go through our fountain booths so we're big big supporters of the

759
00:53:01,156 --> 00:53:11,676
value for value economy i think who's the biggest winner of the drama is podconf the podcast

760
00:53:11,676 --> 00:53:18,516
conference industrial complex is the winner one of the ways to disintermediate podconf

761
00:53:18,516 --> 00:53:23,116
is the value for value ecosystem 100 it is uh

762
00:53:23,636 --> 00:53:30,676
when they try to distract you with the latest thing the current thing uh sometimes you have to

763
00:53:30,676 --> 00:53:35,636
go because when you have to to go subterranean you have to go to the value value the intellectual

764
00:53:35,636 --> 00:53:37,896
Silk Road, Noster, group chats,

765
00:53:38,256 --> 00:53:39,456
retreat from the timeline.

766
00:53:40,196 --> 00:53:41,196
They're jamming you.

767
00:53:41,616 --> 00:53:42,956
It's a psychological warfare.

768
00:53:43,436 --> 00:53:44,756
But the signal is real

769
00:53:44,756 --> 00:53:47,916
on the Fountain Boost timeline.

770
00:53:50,496 --> 00:53:51,096
Absolutely.

771
00:53:53,636 --> 00:53:55,356
So for our last episode,

772
00:53:55,356 --> 00:53:56,656
I don't think you had an opportunity

773
00:53:56,656 --> 00:53:57,916
to listen to it because you've been

774
00:53:57,916 --> 00:53:59,976
a busy guy.

775
00:54:00,116 --> 00:54:01,236
You're busy arguing.

776
00:54:01,396 --> 00:54:02,416
You're busy coding.

777
00:54:03,356 --> 00:54:04,896
The last episode we did

778
00:54:04,896 --> 00:54:13,916
with my good friend open mic he runs a company called tunster which is a streaming platform for

779
00:54:13,916 --> 00:54:21,996
musicians to be able to earn bitcoin so one of the problems with uh there's a lot of problems

780
00:54:21,996 --> 00:54:28,696
that musicians are facing as far as being able to earn income uh when you're street adding a live

781
00:54:28,696 --> 00:54:34,596
stream to all your live events and you have the potential to earn hundreds or thousands of dollars

782
00:54:34,596 --> 00:54:36,316
from people watching it around the world.

783
00:54:36,636 --> 00:54:39,196
It really is a value add for Bitcoin.

784
00:54:39,396 --> 00:54:42,796
I think it's a, or sorry, a value add for the musician.

785
00:54:43,036 --> 00:54:45,476
I think it's a really cool project that I'm a big fan of.

786
00:54:46,376 --> 00:54:47,596
Have you heard of Toonster?

787
00:54:47,836 --> 00:54:49,016
I have not heard of Toonster.

788
00:54:51,616 --> 00:54:54,356
Are you a musician or do you like music?

789
00:54:54,756 --> 00:54:56,236
I do love music.

790
00:54:56,236 --> 00:54:58,356
But with that said, it's classical music.

791
00:54:58,556 --> 00:55:01,556
So typically my music flavor is going to YouTube

792
00:55:01,556 --> 00:55:03,916
and finding some longer stretch

793
00:55:03,916 --> 00:55:06,676
and then just programming while I listen to that.

794
00:55:07,516 --> 00:55:09,816
I'm a big classical music fan as well.

795
00:55:10,336 --> 00:55:11,716
Who are some of your favorites?

796
00:55:12,336 --> 00:55:13,956
I like Bach particularly.

797
00:55:14,796 --> 00:55:15,036
Okay.

798
00:55:16,956 --> 00:55:18,436
Yeah, I've been...

799
00:55:18,436 --> 00:55:19,136
Let me look at...

800
00:55:19,136 --> 00:55:20,576
I'm looking at my playlist.

801
00:55:24,356 --> 00:55:25,816
My classical playlist.

802
00:55:26,736 --> 00:55:28,436
I've been listening to a lot of Tchaikovsky.

803
00:55:30,816 --> 00:55:32,456
What do you like about Bach?

804
00:55:32,456 --> 00:55:40,536
uh specifically i just feel like in general just it is easy to listen to and it's not super slow

805
00:55:40,536 --> 00:55:45,876
and in like i don't know i just i just like the style that's all i can say on that i'm not an

806
00:55:45,876 --> 00:55:50,416
aficionado i typically just put on the playlists and i've noticed that those are the most common

807
00:55:50,416 --> 00:55:58,536
ones that i will end up bookmarking very cool um but yeah that was that that's kind of a summary of

808
00:55:58,536 --> 00:56:06,796
a conversation that we had last or a couple weeks now uh but yeah first boost of the show

809
00:56:06,796 --> 00:56:16,276
shadrack our good friend uh very cool guy 323 sats says woo exclamation point times four lfg

810
00:56:16,276 --> 00:56:25,596
hashtag 40 hpw thank you shadrack the next one is uh it's from rev hodl up there in michigan on

811
00:56:25,596 --> 00:56:34,736
the homestead uh he boosted 1 121 sats he said i look forward to toonster trl which was uh my idea

812
00:56:34,736 --> 00:56:42,116
for bringing like carson daly trl to toonster and having a top 10 countdown but uh we can all send

813
00:56:42,116 --> 00:56:46,596
in our groupie videos from the local bitcoin eatups instead of times square any of those

814
00:56:46,596 --> 00:56:52,156
local bitcoiners out there can come hang with me at the south bend indiana bitcoin eat up the first

815
00:56:52,156 --> 00:56:58,476
thursday every month at laying the lab 6 30 p.m learn something earn something share something

816
00:56:58,476 --> 00:57:04,536
buy something build relationships and resilience with local bitcoiners who cast our uh our vote

817
00:57:04,536 --> 00:57:10,076
for the best music in all of bitcoin culture while we're at it so thank you rev huddle rev

818
00:57:10,076 --> 00:57:17,916
huddle is uh he easy he uses the boost section uh to comment and always to uh have us read it

819
00:57:17,916 --> 00:57:22,796
an ad for his local Bitcoin meetup there in South Bend, Indiana.

820
00:57:23,116 --> 00:57:24,456
I've never been to South Bend.

821
00:57:24,976 --> 00:57:26,476
I like Indiana a lot.

822
00:57:26,536 --> 00:57:31,256
I've never been to South Bend, but I just like Notre Dame quite a bit.

823
00:57:31,336 --> 00:57:36,716
I think they're a bunch of arrogant assholes.

824
00:57:38,816 --> 00:57:41,916
They always start, like we're getting into the football season,

825
00:57:42,236 --> 00:57:45,336
sports ball season is starting folks,

826
00:57:45,336 --> 00:57:52,436
and Notre Dame probably has a much higher ranking than they deserve, again, as always.

827
00:57:53,196 --> 00:57:58,236
It's what happens when you're the premier Catholic sports ball team

828
00:57:58,236 --> 00:58:02,356
and there's over a billion Catholics.

829
00:58:03,096 --> 00:58:07,356
It's a rigged system where they always rank Notre Dame way higher

830
00:58:07,356 --> 00:58:09,736
to get the Catholics to watch sports ball.

831
00:58:09,936 --> 00:58:14,976
You got to sell the advertisements to advertisers for sure.

832
00:58:15,336 --> 00:58:24,396
But it's cool that, how does Bitcoin fix Notre Dame getting unfair coverage on ESPN?

833
00:58:24,596 --> 00:58:25,096
I don't know.

834
00:58:25,096 --> 00:58:26,096
I don't have an answer to that.

835
00:58:26,556 --> 00:58:26,776
No.

836
00:58:28,896 --> 00:58:30,856
Portland, are you a sports ball fan?

837
00:58:31,276 --> 00:58:32,556
No, absolutely not.

838
00:58:32,776 --> 00:58:36,976
I don't even, like, ESPN, Notre Dame, like, I know ESPN is sports ball channel,

839
00:58:37,136 --> 00:58:39,656
and Notre Dame, soccer team?

840
00:58:39,836 --> 00:58:42,136
I have no clue on any of this.

841
00:58:42,136 --> 00:58:48,736
so notre dame like their their big thing is uh football ah

842
00:58:48,736 --> 00:58:56,196
football soccer globally kind of correct no i'm just kidding uh no i have no clue on that i

843
00:58:56,196 --> 00:59:04,776
apologize so you never were much of a sports ball person growing up like did you never ever

844
00:59:04,776 --> 00:59:16,376
did you uh what did you do growing up oh what i did growing up um i was i did a lot of motocross

845
00:59:16,376 --> 00:59:22,796
as like a kid right and um i was always into specifically legos and um like electronic gizmos

846
00:59:22,796 --> 00:59:28,136
but in my fifth grade year that's when all that changed i forget which age that correlates to

847
00:59:28,136 --> 00:59:33,676
but i uh built my first computer from scratch that year and then i was like then i became like

848
00:59:33,676 --> 00:59:38,036
okay let's keep building and like overclocking and like that's all i did was just like modify

849
00:59:38,036 --> 00:59:42,976
computers and write code and just have fun you know and that that's that became my passion like

850
00:59:42,976 --> 00:59:50,176
from there on out i i never had time or cared about sports specifically because i i just don't

851
00:59:50,176 --> 00:59:54,076
understand it like i don't want to take the time to understand the rules i don't understand that

852
00:59:54,076 --> 00:59:59,336
the emotions people feel like people get very riled up about these these people throwing a ball

853
00:59:59,336 --> 01:00:04,456
around and i just never have been able to recapture that level of an endorsement rush

854
01:00:04,456 --> 01:00:08,576
from a guy running across a white line or something like that

855
01:00:09,136 --> 01:00:15,296
yeah i built computers growing up that's what i did i wonder if that plays into the conflict that

856
01:00:15,296 --> 01:00:23,376
you're having with the podcasters right now um baba 10 000 sat says from an old fat musician

857
01:00:23,376 --> 01:00:30,496
songwriter you want a crowd feeds off a crowd it's called excitement first off nostor will most

858
01:00:30,496 --> 01:00:37,336
likely never be mainstream it's too privacy oriented therefore when an artist stays niche

859
01:00:37,336 --> 01:00:42,996
they should expect a niche crowd the music business has always been about business sadly

860
01:00:42,996 --> 01:00:49,976
it should be treated as such which most artists are not business oriented they need help you don't

861
01:00:49,976 --> 01:00:52,256
become the Rolling Stones on your own.

862
01:00:53,156 --> 01:00:55,196
V4Free is a great idea for music,

863
01:00:55,416 --> 01:00:58,496
but change is mostly a decade plus at best.

864
01:00:59,116 --> 01:01:04,976
Most of the folks on V4V music won't last a D case,

865
01:01:05,116 --> 01:01:06,756
only for monetary purposes.

866
01:01:07,536 --> 01:01:10,456
But again, until Nostra becomes simple and mainstream,

867
01:01:10,796 --> 01:01:12,856
they will never find a crowd.

868
01:01:13,516 --> 01:01:16,576
If they are good, they need TikTok, Instant, YouTube

869
01:01:16,576 --> 01:01:19,116
to get popular enough to go out and tour.

870
01:01:19,116 --> 01:01:27,476
it's numbers game sorry not sorry always the optimist baba baba he's great but baba is an

871
01:01:27,476 --> 01:01:35,496
artist baba is a songwriter baba was a musician um and he is you know i tried to say some of those

872
01:01:35,496 --> 01:01:43,296
things a little bit uh softer but uh baba will put it to you exactly how he sees it i think he

873
01:01:43,296 --> 01:01:48,636
made a lot of really good points with it you know it's like a lot of musicians are not good

874
01:01:48,636 --> 01:01:54,276
business people they need jews behind the scene this is why the jews control the music industry

875
01:01:54,276 --> 01:01:59,976
it's not some elaborate conspiracy it's just that jews tend to be good at business it's the same

876
01:01:59,976 --> 01:02:06,056
thing devs are oftentimes aren't the best communicators so they need podcasters

877
01:02:06,056 --> 01:02:15,476
very it's just it's a thing well thank you for the boost baba really appreciate it uh

878
01:02:15,476 --> 01:02:18,176
yeah I don't know if Noster's going to become mainstream

879
01:02:18,176 --> 01:02:20,336
I like what's happening on Noster

880
01:02:20,336 --> 01:02:22,276
though I'm enjoying it but I guess we're

881
01:02:22,276 --> 01:02:23,536
kind of a niche podcast

882
01:02:23,536 --> 01:02:26,316
you have to listen to 40 hours per

883
01:02:26,316 --> 01:02:28,336
week to actually understand what the hell we're talking

884
01:02:28,336 --> 01:02:30,316
about which is kind of a big ask

885
01:02:30,316 --> 01:02:32,356
for normal people that prefer

886
01:02:32,356 --> 01:02:34,316
to watch sports ball instead

887
01:02:34,316 --> 01:02:34,696
alright

888
01:02:34,696 --> 01:02:39,436
Avi Burra

889
01:02:39,436 --> 01:02:42,416
10,000 sats thank you Avi

890
01:02:42,416 --> 01:02:44,556
open mic is the face

891
01:02:44,556 --> 01:02:47,076
of the value for value revolution.

892
01:02:49,676 --> 01:02:50,336
That's right.

893
01:02:50,456 --> 01:02:52,536
The teenster is

894
01:02:52,536 --> 01:02:56,076
and there's not much else out there

895
01:02:56,076 --> 01:02:58,356
and they're building something cool.

896
01:03:00,516 --> 01:03:02,496
I think to change the world,

897
01:03:02,596 --> 01:03:04,556
sometimes you just have to be a crazy person

898
01:03:04,556 --> 01:03:06,616
and do things not just because

899
01:03:06,616 --> 01:03:08,756
everybody else sees it.

900
01:03:08,976 --> 01:03:11,716
A lot of times you have the vision for something

901
01:03:11,716 --> 01:03:12,996
and you just go with it

902
01:03:12,996 --> 01:03:14,496
and the market follows.

903
01:03:14,556 --> 01:03:21,576
uh eventually but sorry a lot of times it doesn't but it takes crazy people to do like

904
01:03:21,576 --> 01:03:28,616
do things like that maybe mike's crazy i don't know he seems pretty rational to me i like him a

905
01:03:28,616 --> 01:03:36,896
lot well thank you do you know uh avi portland you ever no i don't i've never interacted he's a

906
01:03:36,896 --> 01:03:41,976
great guy he's got he's got the biggest like nostril oriented podcast the plug chain radio

907
01:03:41,976 --> 01:03:48,356
very active. I actually should listen to that. That is, that's, that seems really cool.

908
01:03:49,396 --> 01:03:56,356
Are you, are you ever active on Noster? Uh, Noster, not so much as I have quite a few gripes

909
01:03:56,356 --> 01:04:03,196
with the UI UX and specifically I do have an account. I actually, I did the first grinding

910
01:04:03,196 --> 01:04:09,536
of an in pub. And what that means is like my in pub is actually in pub seven, seven, seven, seven,

911
01:04:09,536 --> 01:04:17,216
7777 and then a bunch of digits because I use my computer to try random private keys until I got

912
01:04:17,216 --> 01:04:25,776
that vanity URL. But in terms of my experience with Noster, specifically using Amethyst on Android

913
01:04:25,776 --> 01:04:32,656
as my client and Snort Not Social, and this was probably about a year ago, overall just like lots

914
01:04:32,656 --> 01:04:39,176
of issues loading content, things crashing, and I feel that the discussion is a little bit narrow

915
01:04:39,176 --> 01:04:41,316
and scope for compared to like what I like to see.

916
01:04:41,376 --> 01:04:47,136
I like to see a lot of Bitcoin content from Bitcoin developers in addition to a lot of

917
01:04:47,136 --> 01:04:49,076
general developer content as well.

918
01:04:49,076 --> 01:04:53,096
So I can kind of like combine these ideas of like, hey, like this programming language

919
01:04:53,096 --> 01:04:54,796
has now implemented X feature.

920
01:04:54,996 --> 01:04:57,236
Can I use this to build on Bitcoin?

921
01:04:57,396 --> 01:04:59,336
I'm always looking to make those kinds of links.

922
01:04:59,556 --> 01:05:03,616
I just don't see enough of that on Noster with a bad UI, UX.

923
01:05:03,816 --> 01:05:06,396
I kind of just, I understand its potential.

924
01:05:06,396 --> 01:05:17,144
I just am not it not where I want to be at the moment so what year did you get into Bitcoin roughly What do you mean by get into

925
01:05:17,264 --> 01:05:18,924
Because there's like a couple touch points,

926
01:05:19,144 --> 01:05:22,004
like actually understand it or like first touched sat.

927
01:05:23,944 --> 01:05:25,304
I guess first touch it.

928
01:05:25,704 --> 01:05:27,204
First touch it was 2010.

929
01:05:28,024 --> 01:05:29,344
Okay, so very early on.

930
01:05:29,344 --> 01:05:32,204
And then like, when did you get really interested?

931
01:05:32,364 --> 01:05:34,044
Actually like convicted 2018.

932
01:05:34,044 --> 01:05:42,764
like I uh before I had done like lots of bitcoin mining and so from gpus to asics and then every

933
01:05:42,764 --> 01:05:49,264
like I sold all the time and from there like 2013 was the first big one liquidated the whole stack

934
01:05:49,264 --> 01:05:54,944
price went down massively I think like 200 160 dollars I literally said it was a scam I was very

935
01:05:54,944 --> 01:05:58,684
young I didn't understand what bitcoin is for I didn't even understand the power of what bitcoin

936
01:05:58,684 --> 01:06:04,344
is. I literally thought it was a get rich quick scheme. Okay. Exit Bitcoin. Don't even touch it.

937
01:06:04,384 --> 01:06:09,564
Don't even think about it for years. 2016 rolls around. I'm working in Intel. People are talking

938
01:06:09,564 --> 01:06:14,844
about Bitcoin. Hey, do you want to go in on some miners with one of my coworker? We, uh, we buy

939
01:06:14,844 --> 01:06:20,864
miners, we mine Bitcoin, we sell the miners and we're done. And then, and, uh, sold, I did liquidate

940
01:06:20,864 --> 01:06:26,824
all at that point again. And then the final, like after, after this, I never liquidated Bitcoin again.

941
01:06:26,824 --> 01:06:28,044
And that was in 2018.

942
01:06:29,124 --> 01:06:34,524
I was like, I started like, I did a lot of Linux contribution, sorry, Linux kernel contributions

943
01:06:34,524 --> 01:06:35,484
in 2017.

944
01:06:36,304 --> 01:06:38,864
And I started like actually looking at the Bitcoin code.

945
01:06:39,104 --> 01:06:43,424
And then, yeah, it became like, holy, this is actually really excellent software.

946
01:06:43,604 --> 01:06:44,564
Like this is going to work.

947
01:06:44,824 --> 01:06:45,764
This isn't going to break.

948
01:06:46,604 --> 01:06:50,084
Like I tried figuring out ways to break it and it doesn't break.

949
01:06:50,244 --> 01:06:53,844
So at that point, it's like, okay, Bitcoin has never done me wrong.

950
01:06:54,364 --> 01:06:55,184
I love Bitcoin.

951
01:06:55,404 --> 01:06:56,484
It's really cool.

952
01:06:56,484 --> 01:06:57,524
I know how to mine with it.

953
01:06:57,644 --> 01:07:00,344
And then I just started doing acquisition of Bitcoin personally,

954
01:07:00,544 --> 01:07:01,404
like stacking my sats.

955
01:07:01,924 --> 01:07:03,384
I haven't mined since though,

956
01:07:03,704 --> 01:07:03,884
that,

957
01:07:03,964 --> 01:07:04,804
that 2017.

958
01:07:05,964 --> 01:07:10,004
So you just need like technically like another seven years of Nostra

959
01:07:10,004 --> 01:07:13,044
development to be interested in it for the UX to improve.

960
01:07:13,444 --> 01:07:14,204
Or I got,

961
01:07:14,284 --> 01:07:17,464
I would literally have to go through and actually do the proof of work,

962
01:07:17,564 --> 01:07:18,964
review the Nostra code and go like,

963
01:07:19,044 --> 01:07:19,164
Hey,

964
01:07:19,284 --> 01:07:21,344
this is okay.

965
01:07:22,664 --> 01:07:23,264
Philosophically though,

966
01:07:23,304 --> 01:07:24,804
the incentives are very different.

967
01:07:24,804 --> 01:07:33,564
like bitcoin to me like oh this is gonna get me so much hot water bitcoin fundamentally solves a

968
01:07:33,564 --> 01:07:40,544
problem with humanity and that problem is that nation states can't stop touching the money

969
01:07:40,544 --> 01:07:44,204
printer the temptation to put your hand in the cookie jar and grab unlimited cookies

970
01:07:44,204 --> 01:07:52,044
is always throughout history been a problem every nation has experienced inflation satoshi created

971
01:07:52,044 --> 01:07:58,524
the cure to inflation that seems to me like a bet i want to take to fix humanity and the movement

972
01:07:58,524 --> 01:08:05,404
like i really want to be a part of like that is the fundamental to humans to fix like the amount

973
01:08:05,404 --> 01:08:10,624
of suffering inflation causes is absolutely insane and satoshi just comes out with a fixed

974
01:08:10,624 --> 01:08:15,344
cap supply for an asset that permissionlessly can be moved between person a to person b

975
01:08:15,344 --> 01:08:23,904
that is like that's why i like bitcoin nostr is a different proposition where it benefits me

976
01:08:23,904 --> 01:08:28,924
and it's kind of like censorship free communication but i i don't think i've grasped

977
01:08:28,924 --> 01:08:35,124
like why it's the the movement that change fundamentally changes humanity i think bitcoin

978
01:08:35,124 --> 01:08:42,904
is that i think nostr is very cool i just haven't found and maybe i will why it is a level that i

979
01:08:42,904 --> 01:08:48,024
want to like why even need it at the end of the day like i feel like most of my communication is

980
01:08:48,024 --> 01:08:54,464
not that uh adversarial in nature i if i get deplatformed i trust nostr enough to be around

981
01:08:54,464 --> 01:09:04,824
but at the same time like i i just you just you're not you're just not is into vlogs vlogging uh and

982
01:09:04,824 --> 01:09:12,344
saying good morning as people who are like hardcore nostr users are you know yeah i get it i guess i

983
01:09:12,344 --> 01:09:14,504
I don't know how to dance around the subject.

984
01:09:14,684 --> 01:09:16,664
I just didn't see the proposition.

985
01:09:16,904 --> 01:09:18,464
It incentivized me to use it.

986
01:09:18,544 --> 01:09:19,704
Bitcoin's incentives are very clear.

987
01:09:22,064 --> 01:09:23,624
Yeah, I think a good place to start

988
01:09:23,624 --> 01:09:25,884
is listen to 40 hours of blockchain radio.

989
01:09:28,364 --> 01:09:30,984
How as a dev do you find 40 hours?

990
01:09:30,984 --> 01:09:34,064
When you're fighting AI, the China bots,

991
01:09:35,264 --> 01:09:37,084
everybody's trying to pay you less all the time.

992
01:09:38,064 --> 01:09:39,404
You're getting attacked on Twitter.

993
01:09:39,404 --> 01:09:47,304
i i got i got i got that's a skill issue that i can't listen to 40 hours a week i need to put in

994
01:09:47,304 --> 01:09:51,804
the work that's that's never yeah you caught never never never judge a man until you've

995
01:09:51,804 --> 01:09:56,124
listened to 40 hours of podcasts and his headphones everybody's got time constraints

996
01:09:56,124 --> 01:10:02,924
everybody's got responsibilities family uh they gotta drive out to get raw milk and and beef

997
01:10:02,924 --> 01:10:09,384
tallow from the rancher and out an hour outside the city it's difficult but um yeah everybody's

998
01:10:09,384 --> 01:10:12,884
we still try

999
01:10:12,884 --> 01:10:14,684
to listen 40 hours every week.

1000
01:10:14,944 --> 01:10:17,024
And part of the benefit

1001
01:10:17,024 --> 01:10:18,104
is figuring out

1002
01:10:18,104 --> 01:10:19,744
how to get it done.

1003
01:10:20,324 --> 01:10:22,244
Finding that stranded time

1004
01:10:22,244 --> 01:10:24,964
to mine for Orange Pilling Stories

1005
01:10:24,964 --> 01:10:26,744
on Bitcoin Podcasts.

1006
01:10:26,744 --> 01:10:27,884
I think performance

1007
01:10:27,884 --> 01:10:30,744
enhancers help a lot.

1008
01:10:31,244 --> 01:10:32,884
So smoking cigarettes makes you

1009
01:10:32,884 --> 01:10:35,064
more productive at work. You get your work done quicker.

1010
01:10:36,024 --> 01:10:36,404
And then

1011
01:10:36,404 --> 01:10:38,704
drinking lots of coffee,

1012
01:10:38,704 --> 01:10:40,204
you don't have to sleep as much.

1013
01:10:40,524 --> 01:10:42,444
I'm a big caffeine guy.

1014
01:10:42,684 --> 01:10:44,364
I love caffeinated beverages.

1015
01:10:45,164 --> 01:10:45,764
So, coffee.

1016
01:10:46,104 --> 01:10:48,404
The one I found out recently was Celsius.

1017
01:10:49,244 --> 01:10:50,584
Those were pretty good.

1018
01:10:51,864 --> 01:10:52,264
What else?

1019
01:10:52,344 --> 01:10:53,764
Yeah, that's my jam.

1020
01:10:54,364 --> 01:10:55,524
Drink some caffeine.

1021
01:10:55,664 --> 01:10:56,964
I feel amazing.

1022
01:10:59,184 --> 01:11:00,964
It just makes life better.

1023
01:11:01,404 --> 01:11:02,704
A good cup of coffee?

1024
01:11:03,384 --> 01:11:04,344
Or a good cigarette?

1025
01:11:05,284 --> 01:11:06,884
Maybe not a cigarette for my case,

1026
01:11:06,984 --> 01:11:07,784
but with that said, yeah,

1027
01:11:07,784 --> 01:11:14,244
Definitely before coffee, like brain feels slow, very like kind of like agitated.

1028
01:11:14,404 --> 01:11:17,584
And then you, you have some caffeine and you're like, Hey, how's your day?

1029
01:11:17,904 --> 01:11:18,824
Things are amazing.

1030
01:11:18,924 --> 01:11:19,544
Everything's great.

1031
01:11:19,604 --> 01:11:21,244
You're just typing away, making stuff.

1032
01:11:21,324 --> 01:11:22,884
It's, Oh, it's the best.

1033
01:11:23,004 --> 01:11:23,504
I love it.

1034
01:11:25,704 --> 01:11:26,144
Absolutely.

1035
01:11:26,144 --> 01:11:27,464
All right.

1036
01:11:27,504 --> 01:11:30,604
Well, let's blast through these boos pies.

1037
01:11:31,924 --> 01:11:32,844
121 cents.

1038
01:11:32,984 --> 01:11:36,924
LFG strong arm, strong arm, strong arm emoji.

1039
01:11:36,924 --> 01:11:39,484
Pies, one of our most consistent

1040
01:11:39,484 --> 01:11:41,624
listeners, boosters, absolute

1041
01:11:41,624 --> 01:11:43,764
legend. You see him all over the found timeline

1042
01:11:43,764 --> 01:11:45,564
on everybody's podcast, commenting

1043
01:11:45,564 --> 01:11:47,664
on it. Once in a while, you'll see him get a little bit grumpy

1044
01:11:47,664 --> 01:11:49,664
with the podcaster. He keeps people in

1045
01:11:49,664 --> 01:11:50,904
check. He is

1046
01:11:50,904 --> 01:11:53,704
an enforcer

1047
01:11:53,704 --> 01:11:55,004
of no nonsense.

1048
01:11:56,744 --> 01:11:57,664
He's a Wild West

1049
01:11:57,664 --> 01:11:59,044
Wild Guardian, for sure.

1050
01:12:00,424 --> 01:12:01,184
Next one,

1051
01:12:01,744 --> 01:12:03,644
Noster Gang, 101

1052
01:12:03,644 --> 01:12:05,264
sats, listener

1053
01:12:05,264 --> 01:12:07,124
aggression is advised.

1054
01:12:07,504 --> 01:12:08,564
Rock and roll.

1055
01:12:09,864 --> 01:12:10,544
Emoji.

1056
01:12:11,804 --> 01:12:12,844
Hell yeah. Thank you.

1057
01:12:12,964 --> 01:12:14,624
Nostra Gang. Nostra Gang's

1058
01:12:14,624 --> 01:12:17,024
in those booths almost every week as well.

1059
01:12:19,244 --> 01:12:21,024
Two Angry Cunts Podcast.

1060
01:12:22,624 --> 01:12:23,604
Great podcast.

1061
01:12:24,004 --> 01:12:25,104
Oh, here we go. It's

1062
01:12:25,104 --> 01:12:27,064
Sylvie. Her name's Sylvie, Rod.

1063
01:12:28,164 --> 01:12:28,944
That's right.

1064
01:12:29,504 --> 01:12:31,004
Co-hosted by Bubba,

1065
01:12:31,004 --> 01:12:31,944
who boosted us earlier.

1066
01:12:32,384 --> 01:12:34,264
I don't know if I said them out.

1067
01:12:34,264 --> 01:12:36,104
2,222 sats

1068
01:12:36,104 --> 01:12:38,644
in my opinion the way to spread

1069
01:12:38,644 --> 01:12:40,124
the V4V niche space

1070
01:12:40,124 --> 01:12:42,504
of music within an already

1071
01:12:42,504 --> 01:12:44,724
niche bitcoin space is to not pigeonhole

1072
01:12:44,724 --> 01:12:46,344
oneself into only Noster

1073
01:12:46,344 --> 01:12:48,364
centric mindset there are

1074
01:12:48,364 --> 01:12:50,684
V4V music shows the creators

1075
01:12:50,684 --> 01:12:52,324
of these shows put a lot of time

1076
01:12:52,324 --> 01:12:54,284
creativity into their shows

1077
01:12:54,284 --> 01:12:56,564
and the artists they choose to play

1078
01:12:56,564 --> 01:12:58,404
support the shows

1079
01:12:58,404 --> 01:13:00,724
and artists any way one can

1080
01:13:00,724 --> 01:13:02,004
kiss

1081
01:13:02,004 --> 01:13:14,304
okay so here's a bunch of uh shows it looks like so uh at upbeats at the do doer fells

1082
01:13:14,924 --> 01:13:22,164
at mike newman at colomono and others that's cool i'll have to check those out

1083
01:13:22,164 --> 01:13:29,624
and and follow them on roster it looks like uh two angry cunts uh apparently was talking about me

1084
01:13:29,624 --> 01:13:31,604
on their most recent show.

1085
01:13:31,724 --> 01:13:33,724
I got it tagged on Noster this morning, I think.

1086
01:13:34,964 --> 01:13:36,244
But yeah, appreciate it, Sylvie.

1087
01:13:36,444 --> 01:13:38,564
Thank you for the boost.

1088
01:13:40,624 --> 01:13:44,684
Next is from OpenMike, 7,777 sats.

1089
01:13:45,304 --> 01:13:46,744
He was, of course, who we were interviewing.

1090
01:13:47,104 --> 01:13:48,044
Thanks for having me.

1091
01:13:48,464 --> 01:13:50,164
Watch out for pirates.

1092
01:13:50,564 --> 01:13:51,384
Yeah, watch out.

1093
01:13:51,384 --> 01:13:55,724
If you live in Minnesota, the land of many lakes,

1094
01:13:56,024 --> 01:13:58,824
there's a good chance you might run into Somali pirates

1095
01:13:58,824 --> 01:13:59,584
if you're outboding.

1096
01:14:00,944 --> 01:14:03,564
So don't take that for granted.

1097
01:14:04,644 --> 01:14:06,124
Have you heard about this, Portland,

1098
01:14:06,264 --> 01:14:07,244
what's happening in Minnesota?

1099
01:14:09,004 --> 01:14:11,684
No, I typically don't keep up with news cycles

1100
01:14:11,684 --> 01:14:13,284
of any sorts, really,

1101
01:14:13,604 --> 01:14:14,864
like other than Bitcoin, Twitter.

1102
01:14:15,364 --> 01:14:17,404
That's my life.

1103
01:14:18,624 --> 01:14:20,244
So in Minnesota,

1104
01:14:20,244 --> 01:14:23,324
they have the largest population of Somalis

1105
01:14:23,324 --> 01:14:24,684
outside of Mogadishu,

1106
01:14:24,684 --> 01:14:26,624
and they

1107
01:14:26,624 --> 01:14:29,424
are now taking over the lakes.

1108
01:14:30,744 --> 01:14:31,104
What do you mean

1109
01:14:31,104 --> 01:14:33,184
taking over the lakes? Are they swimming? Canoes?

1110
01:14:33,364 --> 01:14:33,744
Boats?

1111
01:14:35,084 --> 01:14:35,744
Pirate ships.

1112
01:14:37,864 --> 01:14:38,804
Smalley pirates.

1113
01:14:39,424 --> 01:14:39,624
Okay.

1114
01:14:40,624 --> 01:14:42,024
Most of them have arms.

1115
01:14:43,304 --> 01:14:44,664
They're showing up to

1116
01:14:44,664 --> 01:14:47,284
you know, it's Labor Day next weekend.

1117
01:14:47,544 --> 01:14:49,044
There are going to be about a lot of people out

1118
01:14:49,044 --> 01:14:51,164
on the boat enjoying

1119
01:14:51,164 --> 01:14:52,804
Labor Day weekend, the end of summer.

1120
01:14:53,864 --> 01:14:54,384
Beware

1121
01:14:54,384 --> 01:14:56,964
have your water cannons

1122
01:14:56,964 --> 01:14:59,384
set up on the starboard side

1123
01:14:59,384 --> 01:15:01,344
or both sides if you have it

1124
01:15:01,344 --> 01:15:03,444
keep the small pirates at bay

1125
01:15:03,444 --> 01:15:05,444
yeah you go out

1126
01:15:05,444 --> 01:15:06,064
in the lakes

1127
01:15:06,064 --> 01:15:08,724
you want to go tubing or

1128
01:15:08,724 --> 01:15:11,564
wakeboarding

1129
01:15:11,564 --> 01:15:13,884
you might not be the captain for very long

1130
01:15:13,884 --> 01:15:14,984
let's just say that

1131
01:15:14,984 --> 01:15:17,324
I think

1132
01:15:17,324 --> 01:15:18,504
Bitcoin could fix this

1133
01:15:18,504 --> 01:15:21,004
maybe if the United States had big enough

1134
01:15:21,004 --> 01:15:22,324
strategic Bitcoin reserves

1135
01:15:22,324 --> 01:15:24,244
they would have enough excess

1136
01:15:24,244 --> 01:15:31,604
capital to deploy maybe some i don't know bombers to the lakes and um take care of the pirates

1137
01:15:31,604 --> 01:15:39,924
like i i feel like yeah i feel like into that for sure or like maybe that like having a hard

1138
01:15:39,924 --> 01:15:44,564
money would be able to create incentives for people not to to necessarily need to use violence

1139
01:15:44,564 --> 01:15:49,284
to take each other's others boats they would they'd have enough wealth to build more boats

1140
01:15:49,284 --> 01:15:51,004
or have the boats that they need.

1141
01:15:51,424 --> 01:15:55,744
I feel like this is a Bitcoin fixes this kind of problem

1142
01:15:55,744 --> 01:15:58,444
or these Somali pirates on the lakes.

1143
01:15:59,584 --> 01:16:02,624
Well, I think Somalia was fairly decent.

1144
01:16:03,524 --> 01:16:05,024
I don't know if it was ever decent,

1145
01:16:05,164 --> 01:16:08,444
but it was a lot more stable before the CIA started messing around with it.

1146
01:16:08,444 --> 01:16:11,004
So if Bitcoin can disintermediate the CIA,

1147
01:16:11,504 --> 01:16:18,284
the pirates won't have a need to leave their homes and go to Minneapolis.

1148
01:16:18,284 --> 01:16:25,244
but uh that is the i like in the short term you know from like the status standpoint bitcoin could

1149
01:16:25,244 --> 01:16:30,004
fix this because uh el salvador the richer they get as a country the bigger the prisons they can

1150
01:16:30,004 --> 01:16:35,284
make and donald trump can start deporting the smallie pirates to el salvador too spicy of a

1151
01:16:35,284 --> 01:16:44,724
topic for me there shout out to uh naya bikele the most based prison warden in the world bitcoin

1152
01:16:44,724 --> 01:16:54,204
podcasters love him and then uh the last boost lahav cliff shark 1337 sats a social bitcoin score

1153
01:16:54,204 --> 01:17:00,964
uh so this is an idea that we presented in the episode is uh to come up with some sort of

1154
01:17:00,964 --> 01:17:07,044
standardized test it's like you submit somebody to a questionnaire which consists of all the

1155
01:17:07,044 --> 01:17:13,884
purity tests so they're new to the space they have a social bitcoin score you know whether or not

1156
01:17:13,884 --> 01:17:18,224
to follow them on Twitter or to have them on your podcast right off the bat.

1157
01:17:18,444 --> 01:17:24,184
Are they going to pass the purity tests or are they going to naively step on

1158
01:17:24,184 --> 01:17:25,624
landmines left and right?

1159
01:17:26,144 --> 01:17:26,484
Uh,

1160
01:17:27,244 --> 01:17:27,384
well,

1161
01:17:27,384 --> 01:17:33,984
have cliff shark is the videographer behind all of the great videos that the

1162
01:17:33,984 --> 01:17:37,464
band scar dust has on their YouTube channel.

1163
01:17:37,664 --> 01:17:38,744
Really cool guy.

1164
01:17:38,884 --> 01:17:39,204
But yeah,

1165
01:17:39,744 --> 01:17:40,484
well,

1166
01:17:40,504 --> 01:17:41,344
that wraps up the,

1167
01:17:41,344 --> 01:17:42,004
the boost,

1168
01:17:42,004 --> 01:17:42,364
uh,

1169
01:17:42,364 --> 01:17:45,184
Portland, really big thank you for coming on.

1170
01:17:45,584 --> 01:17:46,524
Thanks for having me on.

1171
01:17:46,664 --> 01:17:47,344
I appreciate it.

1172
01:17:49,324 --> 01:17:53,564
Yeah, I hope you get the experience to go on a lot more podcasts.

1173
01:17:54,524 --> 01:17:56,084
Yeah, we'll definitely see.

1174
01:17:56,284 --> 01:17:59,084
I think my goal for the coming future,

1175
01:17:59,404 --> 01:18:01,724
I want to get back into doing more Bitcoin education

1176
01:18:01,724 --> 01:18:03,584
like I originally started on Twitter

1177
01:18:03,584 --> 01:18:05,984
and kind of re-hosting some of these spaces,

1178
01:18:06,284 --> 01:18:08,724
not essentially like node running,

1179
01:18:08,824 --> 01:18:10,424
but more so like what makes Bitcoin tick.

1180
01:18:10,504 --> 01:18:12,044
An example is like a mini script space.

1181
01:18:12,044 --> 01:18:14,784
I want to be able to tell people and have a slide deck where people could

1182
01:18:14,784 --> 01:18:15,184
reference.

1183
01:18:15,364 --> 01:18:17,784
This is how many script works and put it very simply,

1184
01:18:17,784 --> 01:18:19,144
like tie everything up with bows,

1185
01:18:19,664 --> 01:18:20,144
become,

1186
01:18:20,284 --> 01:18:22,484
become the podcaster.

1187
01:18:22,644 --> 01:18:25,044
This dev wants to be on the inside.

1188
01:18:25,044 --> 01:18:26,664
And only practice can make that happen.

1189
01:18:26,664 --> 01:18:27,044
I believe.

1190
01:18:28,824 --> 01:18:30,264
I'm excited to see,

1191
01:18:30,264 --> 01:18:30,664
um,

1192
01:18:31,004 --> 01:18:33,964
the tweet of the screenshot of,

1193
01:18:34,104 --> 01:18:34,344
uh,

1194
01:18:35,104 --> 01:18:37,684
you and Danny Knowles talking to bald men together.

1195
01:18:37,684 --> 01:18:38,204
The,

1196
01:18:38,204 --> 01:18:38,544
the,

1197
01:18:38,544 --> 01:18:39,684
the picture of Becca,

1198
01:18:40,024 --> 01:18:41,824
Rob and Danny was great.

1199
01:18:42,044 --> 01:18:53,004
I think this trend of hairless Bitcoin podcasters or Bitcoin podcast conversations is awesome.

1200
01:18:53,744 --> 01:19:03,824
But really, the question I got for you, which bald Bitcoin podcaster or which bald Bitcoiner is most closely representative of Lex Luthor?

1201
01:19:05,444 --> 01:19:07,044
From the new Superman movie.

1202
01:19:08,324 --> 01:19:10,684
I think you know the answer right now.

1203
01:19:10,684 --> 01:19:11,524
You probably do.

1204
01:19:12,044 --> 01:19:17,304
it's it's staring right in front it's staring right across from me right now

1205
01:19:18,044 --> 01:19:25,424
i was gonna say it's portland hodl i don't know the gig the giggler's giving you a run for the

1206
01:19:25,424 --> 01:19:32,904
money okay no i definitely as of this week have gotten plenty of like lex luther screenshots from

1207
01:19:32,904 --> 01:19:39,464
the latest superman comparing my desire to poke bitcoin and improve bitcoin with that of well

1208
01:19:39,464 --> 01:19:44,884
lex luther from superman who is the absolute i've been spreading i've been spreading the

1209
01:19:44,884 --> 01:19:51,584
portland huddle looks like lex luther uh meme pretty aggressively so i'm partly to claim for

1210
01:19:51,584 --> 01:19:58,224
that okay i i i approve of that actually like freedom of speech baby let's go is the new

1211
01:19:58,224 --> 01:20:06,384
superman worth seeing i saw there was a lot of absolutely 100 um so can i do you want me

1212
01:20:06,384 --> 01:20:09,324
Since you guys have a lot of viewers, I'll keep it very light.

1213
01:20:10,124 --> 01:20:12,684
Overall, I would say if you're spending less than $17,

1214
01:20:13,124 --> 01:20:17,344
I know you could stack some extra sats or donate to the Bugle.

1215
01:20:18,104 --> 01:20:22,104
But with that said, if you want to just treat yourself to a good time,

1216
01:20:22,164 --> 01:20:26,504
I feel like that was one of the more fun, modern movies I have watched.

1217
01:20:27,704 --> 01:20:30,824
And yeah, I don't remember the last time I saw a movie

1218
01:20:30,824 --> 01:20:32,564
I considered even good walking out of the theater.

1219
01:20:32,564 --> 01:20:35,044
And that was one I went, it was worth the money.

1220
01:20:35,044 --> 01:20:39,104
I wasn't pissed that I paid for a ticket and I could have bought Sats instead.

1221
01:20:41,444 --> 01:20:47,944
That might be the most controversial thing you said on this whole show today.

1222
01:20:49,264 --> 01:20:51,844
To be honest, I'll make a note.

1223
01:20:52,224 --> 01:20:57,224
There's a specific element in the movie people really hate and think the entire movie sucks because of it.

1224
01:20:57,324 --> 01:20:58,644
I'm willing to overlook that.

1225
01:20:58,644 --> 01:21:08,724
the overarching story is worth it the the single yeah it's good value it's good entertainment like

1226
01:21:08,724 --> 01:21:14,684
it's specifically watching myself on screen i'm probably a little biased so yeah that's

1227
01:21:14,684 --> 01:21:19,844
i i'm really biased here so yeah go watch me as lex you like in the new super you like yeah

1228
01:21:19,844 --> 01:21:26,344
you like superman movie because you see yourself in the villain yeah well question to the podcasters

1229
01:21:26,344 --> 01:21:32,664
in the room do you guys listen to your own your own podcasts i do absolutely okay cool

1230
01:21:32,664 --> 01:21:37,724
there are some of them watch your own movie man it's it's good i mean i feel i feel like if you're

1231
01:21:37,724 --> 01:21:41,464
not listening to your own podcast and you don't enjoy the content that you're doing that's probably

1232
01:21:41,464 --> 01:21:48,164
not very good in the first place like right right i'm not i'm guilty of this as well i've definitely

1233
01:21:48,164 --> 01:21:52,904
like watched it after they cut it up and do all the editing and listen myself i'm like okay i

1234
01:21:52,904 --> 01:21:57,204
sound pretty good i appreciate that that's good oh i agree with this guy this guy's awesome

1235
01:21:57,204 --> 01:22:04,544
it's you know you're you're very well spoken dev for sure thank you like i i'd love to have luke

1236
01:22:04,544 --> 01:22:09,244
on the podcast at some point but i'm a little bit nervous about it you know ask him like what do you

1237
01:22:09,244 --> 01:22:15,324
what do you think's exciting about bitcoin he's silent for like five minutes and the response

1238
01:22:15,324 --> 01:22:21,244
i think it's an interesting technology like it makes for a rough interview i think i think if

1239
01:22:21,244 --> 01:22:26,784
you get him a few dr peppers he'll he'll perk up he'll he'll he'll start he'll loosen up real good

1240
01:22:26,784 --> 01:22:33,224
he'll start talking about the the bitcoin he loves yeah not trying to speak for him anything

1241
01:22:33,224 --> 01:22:42,344
so closing up the the interview you got any final closing thoughts portland for our audience that

1242
01:22:42,344 --> 01:22:49,504
you think is important yeah i i do and my my closing thoughts are like we just talked about

1243
01:22:49,504 --> 01:22:51,704
a barrage of like fun humor,

1244
01:22:52,044 --> 01:22:53,024
parody satire,

1245
01:22:53,084 --> 01:22:55,004
and so even like really technical topics.

1246
01:22:56,104 --> 01:22:58,964
Understand though I poke Bitcoin and like,

1247
01:22:59,024 --> 01:22:59,484
that's like,

1248
01:22:59,624 --> 01:23:03,684
that's what makes me comfortable with Bitcoin is funding my own bags.

1249
01:23:04,044 --> 01:23:05,564
But the reality is like,

1250
01:23:06,524 --> 01:23:07,924
you should always take to heart.

1251
01:23:08,124 --> 01:23:08,724
Like the thing,

1252
01:23:08,864 --> 01:23:09,624
like in my opinion,

1253
01:23:09,624 --> 01:23:11,964
the things that were told me are still absolutely true.

1254
01:23:12,284 --> 01:23:13,404
This is good for Bitcoin.

1255
01:23:13,624 --> 01:23:15,784
Like everything ends up turning good for Bitcoin.

1256
01:23:16,064 --> 01:23:19,344
Even like the Comcast nodes allegedly getting dosed,

1257
01:23:19,504 --> 01:23:21,424
which they technically didn't get dosed.

1258
01:23:21,984 --> 01:23:24,464
A lot of people learned about Bitcoin configs.

1259
01:23:24,904 --> 01:23:26,664
Bitcoin is for my friends, is for my enemies.

1260
01:23:26,864 --> 01:23:28,524
Understand Bitcoin is a permissionless network.

1261
01:23:28,704 --> 01:23:29,584
Anybody can use it.

1262
01:23:29,764 --> 01:23:30,984
That is the actual value.

1263
01:23:31,064 --> 01:23:34,524
Bitcoin is the fact that nobody can stop you from using it.

1264
01:23:35,044 --> 01:23:39,244
Honey Badger, it's anti-fragile technology.

1265
01:23:39,484 --> 01:23:41,524
So I want people to understand,

1266
01:23:41,784 --> 01:23:45,324
Bitcoin is one of the best technologies we have as humankind.

1267
01:23:45,324 --> 01:23:47,244
And it is absolutely like,

1268
01:23:47,604 --> 01:23:48,944
Honey Badger, don't give a fuck.

1269
01:23:48,944 --> 01:23:55,744
strong technology that isn't going to be defeated by any one human being like that that's ultimately

1270
01:23:55,744 --> 01:24:03,364
it and poking and like making bitcoin better we need people to do these activities ideally in a

1271
01:24:03,364 --> 01:24:09,764
white hat way where they disclose and talk about it and like bring to attention yeah like just

1272
01:24:09,764 --> 01:24:15,404
understand like nobody's breaking bitcoin in a absolutely like you're gonna lose your life

1273
01:24:15,404 --> 01:24:22,244
savings way that's what i got very cool well thank you so much for coming on and thank you

1274
01:24:22,244 --> 01:24:26,564
everybody for listening to the show we'll catch you on the next episode of behind the podcast

1275
01:24:45,404 --> 01:24:52,304
No time for nuanced discussion

1276
01:24:52,304 --> 01:24:55,944
Must protect Bitcoin from destruction

1277
01:24:55,944 --> 01:24:59,664
The time chain is my religion

1278
01:24:59,664 --> 01:25:03,364
I will protect it with precision

1279
01:25:03,364 --> 01:25:15,384
Policing UD from peeing in the mempool

1280
01:25:15,404 --> 01:25:19,084
Filtering transactions sent by shitcoiner fools

1281
01:25:19,084 --> 01:25:22,524
The world needs to have sound money

1282
01:25:22,524 --> 01:25:25,964
Spam should not be allowed and is not funny

1283
01:25:25,964 --> 01:25:29,184
Time Chain Police

1284
01:25:29,184 --> 01:25:33,464
Time Chain Police

1285
01:25:33,464 --> 01:25:37,004
Become the savior of the universe

1286
01:25:37,004 --> 01:25:40,404
Become the Time Chain Police

1287
01:25:45,404 --> 01:26:15,384
guitar solo

1288
01:26:15,404 --> 01:26:28,964
Time chain police

1289
01:26:28,964 --> 01:26:32,324
Time chain police

1290
01:26:32,324 --> 01:26:35,664
Become the savior of the universe

1291
01:26:35,664 --> 01:26:39,444
Become the time chain police

1292
01:26:45,404 --> 01:26:49,364
Will I marry others?
