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You've had a dynamic where money has become freer than free.

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We talk about a Fed just gone nuts.

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All the central banks going nuts.

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So it's all acting like safe haven.

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I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins.

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In the world of fiat currencies, Bitcoin is the victor.

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I mean, that's part of the bull case for Bitcoin.

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If you're not paying attention, you probably should be.

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The hottest man in Bitcoin this week, Alex Waltz.

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Welcome to the show.

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Thank you, Marty.

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Thank you for having me.

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And when he says hot, just to be clear, he does mean physically hot, not in other ways.

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Yeah, it's a double entendre.

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You know, it's physically hot and main character vibes this week with the video that you launched

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after doing many months of research and production,

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getting back to the roots of what started Bitcoin

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and trying to dissect who was the first person to launch,

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or excuse me, to get into the Bitcoin project after Satoshi.

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Many people flagged Hal Finney and his node

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after he tweeted running Bitcoin.

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But your piece argues that the real story is messier, more interesting.

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so I think for the context of diving into your piece First Bitcoin Miner and the video associated

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with it which we'll link to the show notes what like what sent you down this journey why was this

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a nagging problem in your mind to solve well I and for people who follow me on Twitter they know

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for the last years I I just kind of like really dove into this Bitcoin archaeology stuff right

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and there were two instances one last year and one day before I did 30 days of 30 facts about

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Bitcoin, sorry, 30 days of Bitcoin facts, you know, and clearly the historical one kind of made a bit

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more sense. And I just happened to be more interested in them, you know, and I actually

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was, I realized that I want to find out more about this Hal Fini stuff, but I never really touched

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it because it always felt solved to me because I mean, just how many times did you hear people

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mention the emails and there's always this air of like, it's solved. We know exactly what happened.

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And it just feels like this has been around for such a long time. Clearly there's nothing to find

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there anymore right and i i decided to write a thread about the health feeding and i'm i just

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could not believe there's nothing written about this right like zilch nothing i mean there's an

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article here and there but nothing like concrete right just people claiming certain things and i

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found it so strange and then i was like all right you know what let's try to dig into this and i

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started looking and looking and looking i was like oh my god i think i'm the first person who looks

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at this i just could not like the first part was i could not believe no one looked at this because

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it's such a low-hanging fruit, first of all, right? And after I started digging a bit of

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things, I was like, oh my God, there's some interesting stuff here. And firstly, I figured

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out what Bitcoin client he was running when he made the Bitcoin tweet. And then when I did,

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and I found the debug.log file. So when Hal Finney tried Bitcoin for the first time,

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it didn't work for him. And there used to be this forum called SearchForge where people would post

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about Bitcoin. And the first time he wrote, he tried Bitcoin, it didn't work. And he posted

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on this forum with Satoshi. It was literally the fourth or something day. And then the Bitcoin node

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at the time has a debug.log file, which is a file that saves everything that happens, right?

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This is not new. This was known. Other people wrote about this. And you could download it still

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today. And when I started looking at that file, I've realized that actually no one actually really

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looked at what the files means. And I went line by line, line by line. And when I saw there's two

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other people also, sorry, there you could also see Satoshi's clearnet IP, and we'll probably get

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into this a bit more in depth and whatever, but you can see the other two nodes. And when I saw

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the two other nodes there, which again, this is undeniable, posted by hell, there's nothing

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speculative about this part. You can see it there. And when I saw that, I mean, I couldn't believe it.

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I was like, oh my God, I was like, grazie a radio, yes. I started jumping around. I was, you know,

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I was bowing to the ground and I was just so happy.

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And I mean, I know I'm kind of rambling right now, but like there's just so much to it.

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And that's kind of when I was like, all right, let's just see where this goes deeper.

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And there was obviously more.

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Yeah.

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I mean, and so let's get into it.

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I think timeline is important.

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And maybe we can pull in why understanding this is important just for the broader context of Bitcoin and maybe some misconceptions about who launched it.

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or whether or not it was an NSA project,

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but I think we can get to that at the end.

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But jumping in, starting with block one,

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timestamping VMM pool at Space API,

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you've caught that at January 9th, 2009.

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And then I think that's where the big sort of mystery unravels

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is between that block and block 78 to block 309,

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which were produced between January 11th and January 13th.

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So you have two days of Bitcoin operating, essentially.

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And that's another thing people have the Times of London headline in the Genesis block, which was January 3rd.

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But what many other people don't realize is that the network was like up and running consistently on that date.

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Yeah, I mean, I'm sorry, I'm not sure if you want me to address specifically something.

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or I mean, what was the misconception?

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People thought how was one and like what within the debug file?

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I mean, oh, yeah.

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Well, so the thing is like when I saw those things there,

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so I opened the file and you could see.

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So the way Bitcoin worked back then when Satoshi launched it.

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So as we all know, a Bitcoin node is peer to peer,

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which means it needs to connect to other nodes.

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But before you connect to other nodes, you need to find them somewhere.

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Right.

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So the way Satoshi solved this, he was like,

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let's use an IRC channel to coordinate this thing.

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What does it mean?

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An IRC channel for your younger audience is more,

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it used to be like a Telegram group or a group chat

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that was just more bare bones

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and you connect to the server directly

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and you could just chat there.

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And that's what Satorze is.

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He created a group chat, literally,

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that was called hashtag Bitcoin.

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And it was hardcoded in the nodes there.

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So when your node starts up and connects to the internet,

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you would connect to this IRC server

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and then you would go in the lobby there

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and you would start being,

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it would start creating a username which will probably go in the name how that is created which

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is very important also but you can it's it's mostly random it looks like it's random and it

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looks like a bitcoin address it uses the same stuff that you generate bitcoin addresses with

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which is also very important which is why we call bitcoin addresses addresses so you can see it's a

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you can tell it's a username and then there were two other usernames there and these usernames the

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way it constructs them it's like i did say i claim it's a random a second ago but it's not

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completely random because the way it is actually structured is that they take the your bitcoin

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sorry you join the the channel and now you are uh you have to construct your own uh username and

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register what this thing and your node will do this by default it will create it will take your

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ip address which is 1.9 point blah blah it will take your port which is 1.9 point six point whatever

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two dots colon 81084 um and well it takes these things actually that's kind of it actually

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it takes those things and it converts them in base 58 what is base 58 i mean if you look at a

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bitcoin address even though it was random you could tell it's a bitcoin address there's something

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specific about it looks a certain way so um what it does it just eliminates local like characters

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mostly pretty much right and um well there's some other stuff also which maybe we'll go into

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so but you have this function which you take like a public key which is a bit

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bigger and messier and whatever.

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And then you do some other stuff.

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You do the checksum and whatever.

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And then you apply this pretty five function.

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You make it a bit more prettier, right?

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So Satoshi takes these IP addresses.

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And so you take these IP addresses and whatever,

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and that's how you get the username.

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So now the reason why this is important is because, well,

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since we know the usernames are constructed in a certain way

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deterministically, we can actually figure out what the username

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means because they're not quite random and how they're

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information.

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I forgot to mention one thing.

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so they do take the ip address and whatever but there's one more thing that it does if your node

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is connected the via tor for some reason it will actually have an an x and an x in front of it and

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then the other uh letters are going to be random why well because there's no ip address with a

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you could have an ip but practically speaking there's no ip address belonging to you so it's

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like, well, just add some jumbled numbers.

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So now we can see there how Hal generated his username, which he did this thing that we

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mentioned.

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He takes his IP and whatever.

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And we know Hal's IP address because they were public.

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And then you can see two other nodes.

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One has this X in front of it, which is, you know, whatever, blah, blah, blah.

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And then there's another username that has an at symbol, the email sign in front of it.

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The at symbol on IRC means that you're the operator of the channel.

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So already just by looking here, you see those eternames,

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and they leak so much information that you can get, again,

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provable information, you know, not speculative.

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And also, like in the article, I had to read the old sources of Bitcoin.

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I mean, that was so fucking fun because you have to read the old sources

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of Bitcoin Core and understand how this thing is done,

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and it's kind of crazy.

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And by the way, there's this GitHub repository that Jeremy Rubin,

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shout out to Jeremy Rubin.

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boy, genius. He actually looked at this like about, I don't know, a few years ago, and he

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added comments and stuff like that, you know? So that was really helpful

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for me anyway. So anyway, so now you have this debug file. You have

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these free usernames. They're only free. One of them we know is Hal.

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One of them, it's a Tor node, which we don't know zilch about. And then the other one,

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there's this node that's the operator. Who would be the operator of the channel? If not Satoshi,

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I mean, right? Let's be serious. But also, so we know Hal's IP.

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so that means we know how he generated a username.

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We can do the math and we can generate a username

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so we can be certain.

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We have this Tor node.

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We don't know nothing about it anymore.

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And now we have this operator node,

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but we don't know his IP.

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Well, if you actually scroll up a bit more

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in the debug file, you also see the IP.

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So now you can take this IP of the operator node,

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we convert it in this thing, and they all match.

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So even from this alone, it's like, again,

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it was something that no one ever talked about.

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And this is, again, there's no speculation

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because we trust that help updated a real file there.

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We can still download it today and we can inspect it for ourselves.

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So this was, again, this was the first thing and the first part.

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And this was kind of like, wow, this is quite interesting.

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But also, and I'll shut up and you can feel free to put this in the direction you want.

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I also forgot to mention that as I'm doing this stuff, I also gathered every single digital artifact that exists from that time, like emails, anything you can imagine.

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I convert them all to the same time zone, UTC, because just to make it the same, you know.

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And I also like keep track of the time zones in each email and whatever it has.

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And then, and also email, sorry, by emails, I mean private emails Hal had with Satoshi, which he made public later on.

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But also public emails on the cryptography mailing list and also the P2P foundation and other, even the Cypherpunk mailing list.

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But the last two I didn't really mention because it wasn't much activity.

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so now that i know there's only two nodes and i know there's almost no activity there you know

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um i i was confident i'm onto something here and i also was and also like it confirmed what i find

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here that's also very important you find something and find something that confirms you know yeah

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let's get on the block 49 why is block 49 so important it is fun just relearning how

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bitcoin worked in the early days it's it's nuts though it's nuts because you kind of like it's

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I just even said that there it's like,

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this is the way you can see how you can feel how that was,

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you know, and you can trace it with code and stuff like that.

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Blackboard.

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And yes, I forgot to mention this.

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So before we had the stuff in the debug file

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that I just said with the nodes and whatever,

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so when there's a debug file,

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you see the history of what the node did there.

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But the first thing a node does there,

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no, sorry, it does connect to the IRC.

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It finds one of these peers, it tries to connect to it.

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And then it says to one of those nodes,

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Hey, how far are you in the blockchain?

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And give me the block headers.

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The block header is not the blocks yet.

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What does this mean?

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It's kind of like just the import.

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It's just the short version of the block,

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just like the main fields and stuff like that, you know?

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So the house node was like, hey, how far are you?

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Give me all the headers.

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And the reason why this is important

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and they're not blocks and headers

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is because we know they were easy to transmit right So it wasn like an internet interruption or something like this right So now we see in house debug file he gets a list of all the blocks from zero or maybe to one I don think they got zero right

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Because it was hard-coded.

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Yeah, from one, and it goes all the way down

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to the block Fortnite,

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and we have the first character of the hash, right?

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So when you see this thing, you're like,

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oh my God, this is as far as this.

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I think the correct, the absolute correct thing to claim

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would be this is as far as that node went on the blockchain.

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But practically speaking, that's as far as the blockchain was going, right?

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So now you can also see like this is when hell entered.

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So now the, yes, of course it makes sense now.

227
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So now you're kind of thinking like, oh, block 49.

228
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Well, why isn't it block zero or whatever?

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And that's when the emails came in handy because another very important thing,

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and I know I feel like I'm jumping all over the place,

231
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but I promise you it's in the correct chronology in the article as things happen.

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But the thing is that in 2014, hell before he died, he shared his private correspondence with Satoshi.

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And he did this once with the Wall Street reporter.

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00:14:10,628 --> 00:14:19,088
And then he did it with some, then after he died, some other reporter from Coindesk got some few other emails.

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and his wife authenticated and says those emails are short.

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So now we also have some private correspondence from Satoshi to Hal,

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which one of them was submitted by Hal.

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We're going to operate on the assumption he was not lying.

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And that was by the wife, which again, I think we should operate.

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Well, I'm going to operate at least.

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You do whatever you want.

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I'm going to operate on the assumption that they are truthful.

243
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And now we have these private emails.

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And now if we look at his emails, we can actually see that initially Satoshi posts on the cryptography mail in the list.

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And people get, you know, whatever.

246
00:14:56,928 --> 00:14:58,228
How is the only one that likes it?

247
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A bit more time passes.

248
00:15:00,328 --> 00:15:05,588
But then when Satoshi actually launches the Bitcoin, again, the white paper was launched in 2008, early 2008.

249
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And then the Bitcoin was like 8th January.

250
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I don't know.

251
00:15:11,268 --> 00:15:17,168
The Genesis block was the third, and then depending on time, it was like the eighth or ninth, right?

252
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Depending on time zone, it was like the first block, block one.

253
00:15:22,348 --> 00:15:23,108
Absolutely, absolutely.

254
00:15:23,208 --> 00:15:23,948
Exactly, yeah, yeah.

255
00:15:24,008 --> 00:15:25,788
But it's around the eighth, so there was a bit of time.

256
00:15:26,468 --> 00:15:36,768
And then when Satoshi actually announced the client on the cryptography mailing list, since literally Hal was the only one who kind of liked this thing, he obviously sent it to him.

257
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And he said, by the way, I launched this thing.

258
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Here is if you want it.

259
00:15:40,788 --> 00:15:44,648
And he goes like, I'll take a look at it over the weekend, which already this was.

260
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By the way, I'm sure a lot of people know about this.

261
00:15:46,888 --> 00:15:50,088
Take a look over the weekend because I've seen the shirt around.

262
00:15:50,768 --> 00:15:59,288
But when you again, now we have another source that confirms like, oh, so Bitcoin started mining in block one when he makes the announcement and whatever and all these things.

263
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And then he sends this email.

264
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So he's already getting late.

265
00:16:02,108 --> 00:16:08,588
So by the time he looks at it, I think this was like a Thursday in California, PST time.

266
00:16:08,928 --> 00:16:13,388
And by the time he gets to look at it over the weekend, it gets to block 49.

267
00:16:13,668 --> 00:16:19,928
And when he does do this, it crashes because as we'll see, it just didn't work and whatever.

268
00:16:20,128 --> 00:16:23,688
So now we have a confirmation because we see block 49.

269
00:16:24,068 --> 00:16:26,428
We can look at the time where he sent the email and whatever.

270
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And now we have another thing.

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So this was the first part, which I was like, oh my God, this is insane.

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00:16:31,608 --> 00:16:36,808
this is nuts i cannot believe it i just could i couldn't believe it i there were a few days when

273
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i just thought i'm there's something i'm missing because there's no way it's too easy that's why

274
00:16:41,128 --> 00:16:48,188
it was you know it was just too easy to figure it out yeah and how's node crashed when he originally

275
00:16:48,188 --> 00:16:52,748
tried to to connect to the network because of the tour node right there was some intricacies around

276
00:16:52,748 --> 00:16:58,668
how to interact with the tour node that it wasn't that it was just that the so satoshi and he said

277
00:16:58,668 --> 00:17:02,188
in the email he did all the tests he can but you know how it is when you do testing then you have

278
00:17:02,188 --> 00:17:09,708
launch day he it was just some weird error and um no nodes work not just the tor ones none of them

279
00:17:09,708 --> 00:17:16,908
work um so so yeah okay so what what was the do not mine unless connected to appear

280
00:17:18,028 --> 00:17:24,428
rule didn't that shape part of your conclusion yes yes yes it did um so this this comes to the

281
00:17:24,428 --> 00:17:31,468
interaction between the satoshi node that you're assuming is the the ip because he's the operator

282
00:17:31,468 --> 00:17:37,708
of the irc channel and the tor node um which was the first two nodes that were in the irc channel

283
00:17:37,708 --> 00:17:43,868
before hal joined and so there's uh he couldn't have mind unless he had another peer on the network

284
00:17:43,868 --> 00:17:50,108
right yes so what marty is trying to say here um is that uh i mean this is also kind of this is

285
00:17:50,108 --> 00:17:51,288
It's a fairly unknown thing.

286
00:17:52,348 --> 00:17:54,488
And I mean, I even wrote about this in the past at some point.

287
00:17:55,008 --> 00:18:04,908
But what Martin's trying to say here is like, so when Satoshi made a Bitcoin client, he had this condition where he said, if you are on the internet, don't start mining straight away.

288
00:18:04,968 --> 00:18:07,168
You need to have at least one peer connected to you.

289
00:18:07,548 --> 00:18:13,268
Either he connects to you because you have to have one peer connected, Elizabeth S for now.

290
00:18:13,268 --> 00:18:14,668
You have to have one peer connected to you.

291
00:18:14,828 --> 00:18:18,988
And if you're just alone, solo on the network and you don't have anyone connected to you, do not mine.

292
00:18:18,988 --> 00:18:23,848
and the reason why he may he added this i mean it's pretty obvious this is why he had is like

293
00:18:23,848 --> 00:18:28,528
let's just say we both connect right now on the internet download bitcoin but just because maybe

294
00:18:28,528 --> 00:18:32,888
there's a bit of lag or something we have some problems and we don't yet connect to to each

295
00:18:32,888 --> 00:18:36,528
other as fast so now you start mining on your own block i start mining on my own block and then we

296
00:18:36,528 --> 00:18:41,928
meet each other we have a fork so that's why this this this rule was out there and i know i think i

297
00:18:41,928 --> 00:18:45,488
may have even claimed this in the past and people have speculated you always to avoid pre-mining and

298
00:18:45,488 --> 00:18:50,248
stuff like that i don't think so i mean i don't think anyone cared about it really there's more

299
00:18:50,248 --> 00:18:56,408
coordination to make sure there weren't no forks absolutely i i think that it's time it seems

300
00:18:56,408 --> 00:19:01,348
obvious to me that's a reason well so let's dive into this tour note more what uh sorry one second

301
00:19:01,348 --> 00:19:05,208
before so so because you actually had a really good point bringing this up right so why is this

302
00:19:05,208 --> 00:19:10,388
important because now so so now getting back to the initial thing it's like so we have this debug

303
00:19:10,388 --> 00:19:15,048
file we have we know there how joins and there are two other nodes there and now the question is like

304
00:19:15,048 --> 00:19:16,928
but why would there be another node there?

305
00:19:17,008 --> 00:19:17,988
Why would there be a TOR node?

306
00:19:18,428 --> 00:19:20,688
And this is like, well, if there wasn't this TOR node

307
00:19:20,688 --> 00:19:21,928
or there was just another node,

308
00:19:22,368 --> 00:19:24,128
Bitcoin should have been to block zero.

309
00:19:24,608 --> 00:19:25,968
Or what could have happened,

310
00:19:26,068 --> 00:19:27,208
maybe there were another nodes

311
00:19:27,208 --> 00:19:28,488
and maybe they left.

312
00:19:28,548 --> 00:19:29,288
That also could have happened.

313
00:19:29,468 --> 00:19:31,328
There were two other nodes before they started a chain

314
00:19:31,328 --> 00:19:31,708
and then left.

315
00:19:32,008 --> 00:19:32,928
But that's not what happened.

316
00:19:33,008 --> 00:19:34,928
We know for a fact at that point there were two nodes.

317
00:19:35,368 --> 00:19:37,688
And it seems like maybe there were others,

318
00:19:37,908 --> 00:19:38,908
maybe some came in and left,

319
00:19:39,008 --> 00:19:40,848
but at least because there was that TOR node,

320
00:19:41,248 --> 00:19:42,568
this confirms that that's why,

321
00:19:42,568 --> 00:19:44,748
at least that's why Bitcoin was venting.

322
00:19:45,048 --> 00:19:45,768
Sorry, I cut you off.

323
00:19:46,488 --> 00:19:48,628
Ozo, what are your thoughts behind the tour node?

324
00:19:50,048 --> 00:19:55,488
Well, the thing is, like, now I'm kind of like, I have this thing and I figure it out.

325
00:19:55,528 --> 00:19:57,948
And I'm like, you know, it's quite interesting and whatever.

326
00:19:59,448 --> 00:20:05,908
And I kind of, like, started going on a, I couldn't find any more stuff from back then, you know.

327
00:20:06,468 --> 00:20:10,528
Sorry, I'm just scrolling through the article because I feel like we kind of went over the place.

328
00:20:10,528 --> 00:20:15,328
shit everyone's chronological but anyway um well the thing is like at this point i'm like i can't

329
00:20:15,328 --> 00:20:20,868
believe i made this stuff this is fucking nuts this is incredible this is whatever um and might

330
00:20:20,868 --> 00:20:24,528
i want to say i'm not going to give names but i will tell you this i sent it to some people

331
00:20:24,528 --> 00:20:29,888
and they shit on me so fucking hard man they shit on me they they said this is bullshit what you

332
00:20:29,888 --> 00:20:35,128
call this fucking piece of shit these are not discoveries whatever but you know again i won so

333
00:20:35,128 --> 00:20:40,488
you know see in their history books you pieces of shit um so the thing but but but think about

334
00:20:40,488 --> 00:20:44,408
and i do want to mention this because i find this thing out i don't want to share with someone i

335
00:20:44,408 --> 00:20:48,308
give it some people and again i know it's real at this point and they're just giving me shit

336
00:20:48,308 --> 00:20:52,088
and i will tell you this i know this is very pity but i'm a very fucking pity person

337
00:20:52,088 --> 00:20:56,088
and they gave me some shit and i and that's when i knew when it happened i said like okay

338
00:20:56,088 --> 00:21:00,628
all right fine my life becomes about this i'll make the video i'll make everything we'll see

339
00:21:00,628 --> 00:21:06,628
what happens. But so now I'm filled with anger, you know, in my soul, in my mind, and I want to

340
00:21:06,628 --> 00:21:12,008
get vindictive. And I said, I need to fucking come up with something just to fucking shove in

341
00:21:12,008 --> 00:21:18,468
these people's face. But I didn't have any more leads, right? Because I looked at the emails,

342
00:21:18,568 --> 00:21:21,908
I looked at all the things that everyone knows, and I just couldn't find anything else.

343
00:21:22,348 --> 00:21:27,868
Then I remember Dustin Trammell. And I'm sure a lot of people that are somewhat

344
00:21:27,868 --> 00:21:30,968
involved in Bitcoin and whatever,

345
00:21:31,088 --> 00:21:32,288
know who Dustin Tramiel is.

346
00:21:32,388 --> 00:21:33,488
He's a Bitcoin VC

347
00:21:33,488 --> 00:21:35,968
and he's been around for like a lot of times.

348
00:21:36,368 --> 00:21:37,908
And I remember around,

349
00:21:38,588 --> 00:21:39,748
when actually was that?

350
00:21:40,008 --> 00:21:40,328
2000,

351
00:21:40,328 --> 00:21:40,648
2000,

352
00:21:40,648 --> 00:21:44,008
2000,

353
00:21:44,308 --> 00:21:44,428
oh,

354
00:21:44,468 --> 00:21:45,148
in 2021,

355
00:21:45,648 --> 00:21:46,168
I think,

356
00:21:46,608 --> 00:21:47,768
or maybe the first one was 2018.

357
00:21:47,968 --> 00:21:49,888
He makes a tweet and he says,

358
00:21:50,308 --> 00:21:50,568
guys,

359
00:21:50,668 --> 00:21:51,768
I think I was the,

360
00:21:51,768 --> 00:21:53,868
the first Bitcoin miner.

361
00:21:54,428 --> 00:21:54,988
And I,

362
00:21:55,068 --> 00:21:55,848
I think I was the,

363
00:21:56,068 --> 00:21:56,448
sorry,

364
00:21:56,448 --> 00:21:59,308
I think I was the second Bitcoin node and I think I may have even beaten

365
00:21:59,308 --> 00:22:03,948
Hal. And the thing is like, he, he makes this, this tweet and he claims this.

366
00:22:03,948 --> 00:22:08,928
And then he, he, he posts all this again, it's linking the article,

367
00:22:09,148 --> 00:22:11,748
everything we're talking about here, go see it in the article.

368
00:22:11,748 --> 00:22:14,628
It's explained every, all the assumption, everything can find everything on it.

369
00:22:15,328 --> 00:22:18,808
So I remembered this tweet and then, and then just to like, you know,

370
00:22:18,808 --> 00:22:21,628
just didn't have empty words or whatever.

371
00:22:22,488 --> 00:22:28,988
He also posted a proof that he mined that block.

372
00:22:29,548 --> 00:22:31,328
So the thing is like this in Bitcoin,

373
00:22:31,588 --> 00:22:34,068
I'm sure everyone knows that the blockchain

374
00:22:34,068 --> 00:22:35,628
is a chain of digital signatures.

375
00:22:36,008 --> 00:22:36,948
What is a digital signature?

376
00:22:37,428 --> 00:22:39,248
A digital signature, so you have a private,

377
00:22:39,348 --> 00:22:41,068
you have a secret that belongs to you.

378
00:22:41,428 --> 00:22:44,408
And then a digital signature does some mathematical operations,

379
00:22:44,488 --> 00:22:46,068
which are more simpler than you think, actually.

380
00:22:46,068 --> 00:22:52,368
and the output of that could prove to someone from the exterior

381
00:22:52,368 --> 00:22:58,468
that you actually own this public key and the private key which you don't share

382
00:22:58,468 --> 00:23:00,648
without actually revealing the private key.

383
00:23:00,888 --> 00:23:01,828
That's the main thing.

384
00:23:01,888 --> 00:23:02,668
That's what a signature does.

385
00:23:02,728 --> 00:23:04,048
And that's what Bitcoin works on.

386
00:23:04,228 --> 00:23:06,208
And maybe it sounds overcomplicated.

387
00:23:06,328 --> 00:23:08,248
I know everyone understands what a signature is,

388
00:23:08,248 --> 00:23:12,668
but the reason why I'm explaining this is because you can use this signature

389
00:23:12,668 --> 00:23:14,328
to prove any other things.

390
00:23:14,328 --> 00:23:21,988
it's almost like you can you can sign anything so if you if any data is signed by this private key

391
00:23:21,988 --> 00:23:26,368
you can say oh it belongs to this private key so you can also do this with random text first of all

392
00:23:26,368 --> 00:23:30,808
right and the reason you might do this so you might make a bitcoin transaction where i don't

393
00:23:30,808 --> 00:23:34,068
know maybe you donate it to a cause you want to like brag about people are like well i don't

394
00:23:34,068 --> 00:23:39,148
believe that you anyone could claim you prove the signature it's 100 there's no denying there's no

395
00:23:39,148 --> 00:23:45,328
nothing you can't really say anything about it at this point you know um so he was like well i

396
00:23:45,328 --> 00:23:51,508
claimed i mined a block i mined block i mined an early block i have to do the i have to prove this

397
00:23:51,508 --> 00:23:56,288
thing right he posted the proof there and you can use bitcoin core and you can verify the proof and

398
00:23:56,288 --> 00:24:01,388
it's true so dustin tramell from this proof that he pointed here we know for a fact

399
00:24:01,388 --> 00:24:04,128
that he might

400
00:24:04,128 --> 00:24:05,768
block

401
00:24:05,768 --> 00:24:08,108
what was it again? 309

402
00:24:08,108 --> 00:24:10,648
yes

403
00:24:10,648 --> 00:24:13,048
so he posted

404
00:24:13,048 --> 00:24:15,068
two proofs actually, he posted a proof that he

405
00:24:15,068 --> 00:24:17,008
might block 78

406
00:24:17,008 --> 00:24:19,128
am I right on 78? I really don't want

407
00:24:19,128 --> 00:24:21,128
to like, people are going to be crazy in the

408
00:24:21,128 --> 00:24:21,428
comments

409
00:24:21,428 --> 00:24:23,928
yeah, 78

410
00:24:23,928 --> 00:24:26,528
78 and 309, alright

411
00:24:26,528 --> 00:24:28,928
so when he makes the proof

412
00:24:28,928 --> 00:24:31,008
he shows two proofs that

413
00:24:31,008 --> 00:24:33,508
he mined block 78 and block 309.

414
00:24:34,008 --> 00:24:37,868
Now, the interesting part is like the block 78, which he mined.

415
00:24:37,888 --> 00:24:40,648
He said that those coins are unconfirmed.

416
00:24:41,528 --> 00:24:44,308
Maybe you could take that as sus, but that's what he said.

417
00:24:44,608 --> 00:24:47,688
But the proof is still verified, but it's just that we can't see the coins unchain.

418
00:24:47,988 --> 00:24:50,948
But then block 309, it's still today.

419
00:24:51,028 --> 00:24:52,348
We can still inspect it and whatever.

420
00:24:52,888 --> 00:24:57,128
So I'm looking at this stuff here, and now there's kind of like another thing

421
00:24:57,128 --> 00:24:59,028
fell into my lap because I was like, oh my God.

422
00:24:59,468 --> 00:25:04,128
Now by just by incidentally, I also solved the problem and the question

423
00:25:04,128 --> 00:25:09,108
what happened with Dustin because we know we have block 49 from house debug file.

424
00:25:10,728 --> 00:25:17,528
We know Dustin may have mine block 78, but certainly has block 309.

425
00:25:18,088 --> 00:25:20,468
So we kind of know this perfect.

426
00:25:21,388 --> 00:25:25,208
And I'm like, okay, this is interesting, but it's not really like pushing me

427
00:25:25,208 --> 00:25:26,548
in the right direction.

428
00:25:27,128 --> 00:25:29,808
So what else could I do right now?

429
00:25:30,808 --> 00:25:40,968
And I also forgot to mention that there's also this other article where Hal at some point shared a pretty almost close to him dying.

430
00:25:40,968 --> 00:25:43,948
He shares this screenshot of his Bitcoin wallet.

431
00:25:44,268 --> 00:25:44,948
We're not a reporter.

432
00:25:45,588 --> 00:25:50,968
So now and there we can see the first block that Hal mined, which was.

433
00:25:53,288 --> 00:25:56,848
Block 170 or no, that was the first transaction.

434
00:25:56,848 --> 00:26:12,836
I guess he received Okay Oh wait I sorry I so sorry So dustin trammell blind mind block 70 uh 76 is the one that wasn confirmed and um 390 is the one that is confirmed and now how

435
00:26:12,836 --> 00:26:20,076
in this article block mind block 78 which we can still see here and whatever and we can see in this

436
00:26:20,076 --> 00:26:25,936
wallet so we can be fairly certain so now there's also quite interesting because so maybe maybe

437
00:26:25,936 --> 00:26:33,196
dustin was beforehand by two blocks but we can't prove it you know so um uh where were we going at

438
00:26:33,196 --> 00:26:41,336
this uh started with the tour note do we get back to the tour note oh yeah so yeah so so i looked at

439
00:26:41,336 --> 00:26:45,776
um at a we were at we left off at dustin so i look at dustin stuff and this is all great

440
00:26:45,776 --> 00:26:52,296
another discovery grazia you know i'm going crazy i'm doing this on the ground you know

441
00:26:52,296 --> 00:26:57,876
and um but this didn't really help the investigation and i just couldn't come up with

442
00:26:57,876 --> 00:27:05,076
any idea of where to look for data anymore and i just needed more data and um i also like i kind

443
00:27:05,076 --> 00:27:09,196
of think that there's there isn't going to be any data to find because they're just you could tell

444
00:27:09,196 --> 00:27:14,496
from the emails under on the cryptography mainly there wasn't anything left then i'm just sitting

445
00:27:14,496 --> 00:27:19,156
there you know and also as it's dramatizing the movie maybe not as dramatic with the lighting and

446
00:27:19,156 --> 00:27:22,636
whatnot but it was pretty much that i'm just sitting there and i'm like dude why don't the

447
00:27:22,636 --> 00:27:28,596
fuck why i just look at a blockchain maybe i'll find something there you know so i took the the

448
00:27:28,596 --> 00:27:35,496
first blocks and i started looking around and i'm seeing when i look uh let me just pull this up here

449
00:27:35,496 --> 00:27:41,516
so so i took um i started looking at i took all the blocks from like up to block 49 and i started

450
00:27:41,516 --> 00:27:46,356
looking around there and i looked at the times and i'm like dude there's one instance from block 14

451
00:27:46,356 --> 00:27:50,056
to 15 where there's like 24 hours and 12 minutes between blocks.

452
00:27:50,276 --> 00:27:53,656
There's another one which is 30 minutes, statistically probable,

453
00:27:55,096 --> 00:27:57,216
but still worth looking at.

454
00:27:57,436 --> 00:27:59,616
And there's another one that's 8 hours and 34 minutes.

455
00:28:00,036 --> 00:28:02,196
So now I'm like, oh, I think I'm onto something here.

456
00:28:02,616 --> 00:28:03,936
There has to be something.

457
00:28:04,376 --> 00:28:06,156
There's so much stuff that doesn't fall into place.

458
00:28:06,216 --> 00:28:07,556
Another one, so why don't we look here?

459
00:28:08,136 --> 00:28:10,176
So then I started looking around even more,

460
00:28:10,356 --> 00:28:13,516
and I took this all the way to block 17.

461
00:28:13,516 --> 00:28:15,516
Sure, we should have said.

462
00:28:15,516 --> 00:28:31,516
This is actually well known and well established that, which is actually exactly what you hinted at earlier, that there is the famous transaction that Satoshi sent to Hal, and this was at block 170, and it's the first Bitcoin transaction.

463
00:28:31,516 --> 00:28:35,516
So I was like, ah, let me just try to see what's happening up until there.

464
00:28:35,516 --> 00:28:42,516
So now I look at all the blocks and I'm like, whoa, there's like eight instances where there are big time blocks between, time gap between blocks.

465
00:28:42,516 --> 00:28:46,176
Bitcoin is not working, which we know from here.

466
00:28:46,476 --> 00:28:48,776
There's all this weird fuzziness going on here.

467
00:28:49,656 --> 00:28:53,156
And I'm like, oh man, there's no way this is not connected.

468
00:28:53,436 --> 00:28:54,516
There's no way this is a coincidence.

469
00:28:55,376 --> 00:28:57,956
But like, how the fuck can I figure out?

470
00:28:59,136 --> 00:29:06,916
So now I found the sound suspicious, but now I need another one.

471
00:29:07,376 --> 00:29:12,276
So like, I just spent so much time because there's no way I could get more from the blockchain.

472
00:29:12,516 --> 00:29:14,436
How could I possibly get more from the blockchain?

473
00:29:14,716 --> 00:29:15,756
I'm looking at a blockchain.

474
00:29:16,576 --> 00:29:24,836
And then again, after I spent a bit more time and prayed to God and whatever, and went full retard, I realized, wait a minute, wait a minute, wait a minute.

475
00:29:25,576 --> 00:29:31,936
There's that guy, Sergio Demian Lerner, that estimated how much money Bitcoin Satoshi has.

476
00:29:32,516 --> 00:29:34,476
And you may think, well, what does this have to do with everything?

477
00:29:34,476 --> 00:29:42,696
Well, the way he does it, he actually looks at some other parts of the data, which I'll explain in a second, in the blockchain.

478
00:29:43,296 --> 00:29:46,636
And that's how he was managed to figure out how Satoshi mined blocks.

479
00:29:46,856 --> 00:29:47,296
Now, here's the thing.

480
00:29:47,436 --> 00:29:49,976
He didn't really figure out how much Bitcoin Satoshi mined.

481
00:29:50,056 --> 00:29:59,836
What he did, the conclusion that comes from what he looks at is like, you have a group of blocks and this seems to be mined by a single entity.

482
00:30:00,236 --> 00:30:01,796
Well, that's exactly what I'm looking for here.

483
00:30:01,796 --> 00:30:08,416
I'm looking to find a way to group blocks to draw the conclusion that there's an entity or another entity, you know?

484
00:30:08,536 --> 00:30:09,476
So, yeah.

485
00:30:09,896 --> 00:30:10,316
What's up, Freaks?

486
00:30:10,376 --> 00:30:11,936
This work was brought to you by our good friends at BitKey.

487
00:30:12,136 --> 00:30:12,876
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488
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489
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490
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491
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And BitKey has been designed with this in mind.

492
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So if you're looking for the easiest way to secure your Bitcoin off the exchange, go get a BitKey.

493
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494
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495
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It's a two or three multi-sig.

496
00:30:29,216 --> 00:30:29,976
You have your device.

497
00:30:29,976 --> 00:30:33,856
You have the mobile app and block stores a key in the server.

498
00:30:33,856 --> 00:30:35,756
So you have collaborative multi-sig there.

499
00:30:35,876 --> 00:30:39,496
On top of that, the new BitKey has a screen so you can actually see and verify what you're

500
00:30:39,496 --> 00:30:39,916
approving.

501
00:30:40,256 --> 00:30:42,696
You can look at transactions, addresses, account changes.

502
00:30:43,216 --> 00:30:47,656
The difference between trusting and knowing has been built into the new BitKey with the

503
00:30:47,656 --> 00:30:47,996
screen.

504
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They've changed code delegation and other advanced features like inheritance, recovery.

505
00:30:53,896 --> 00:30:56,696
If you're looking to get your Bitcoin off exchange, you haven't done so.

506
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You're looking for the easiest way to do that.

507
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Go get a BitKey.

508
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509
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510
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episode has been sponsored our good friends at bitkey freaks look at me i'm glowing i've got

511
00:31:14,296 --> 00:31:19,456
like an angel's halo going around me you know why that is is i feel good i feel taken care of i feel

512
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blessed healthy happy and that is because i'm a crowd health member my family and i have been

513
00:31:23,636 --> 00:31:28,136
crowd health members for five years now literally this month five years ago we joined crowd health

514
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515
00:31:32,336 --> 00:31:37,436
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516
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fee, you help out with other people's bills. And it's significantly cheaper than health insurance.

517
00:31:43,676 --> 00:31:48,756
We were on COBRA as a family of three when I left my last job before I went full-time to CFTC,

518
00:31:49,396 --> 00:31:55,716
went on the CrowdHealth. Now as a family of five, we pay, I believe, $700 a month. It's

519
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significantly cheaper. They're going to negotiate prices lower for you. They've consistently

520
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negotiated healthcare prices as much as 50, 60, 80%. In many cases, they help out with babies.

521
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If you have a pregnancy, you pay the first $3,000 and the crowd covers the rest.

522
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If you have a regular health event, you pay $500 and the crowd pays the rest.

523
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Go to joincrowdhealth.com. Sign up today. Use the code TFTC. Opt out of health insurance. I'm

524
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525
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for the first three months that you're on the CrowdHealth platform in the community.

526
00:32:30,156 --> 00:32:30,496
Big winners.

527
00:32:30,856 --> 00:32:31,696
You found sovereign money.

528
00:32:31,976 --> 00:32:34,776
Now find sovereign health and sovereign health care.

529
00:32:35,276 --> 00:32:37,336
This is famously known as the Potoshi pattern.

530
00:32:38,156 --> 00:32:45,456
And so this is what led you to have an understanding that, correct me if I'm wrong,

531
00:32:45,456 --> 00:32:53,816
the TorNode address in the IRC channel probably belonged to Satoshi too, correct?

532
00:32:53,816 --> 00:33:09,956
Well, that is where it gets, right? But I didn't knew that. I didn't even dare to suspect that at this point, right? So now I'm looking at this stuff. I have this data. I was like, shit, let's do the Potoshi pattern. So we need to bring a bit of context here on how Bitcoin mining works.

533
00:33:09,956 --> 00:33:17,156
so i know i'm more than certain any one of the listeners is familiar and knows that the bitcoin

534
00:33:17,156 --> 00:33:21,996
mining is just a big lottery and you have to try a lot of numbers until you get lucky right

535
00:33:21,996 --> 00:33:26,456
the thing is like the thing is like when you hash something and this may sound very counterintuitive

536
00:33:26,456 --> 00:33:32,356
every output has the exact mathematical probability of being valid like if you sit down and you do a

537
00:33:32,356 --> 00:33:36,836
block by hand right now you have the exact same chance as another miner that's why you know people

538
00:33:36,836 --> 00:33:42,196
are talking about the bid access and all these things. The only reason the miners make more

539
00:33:42,196 --> 00:33:46,416
money, they just try more times than you. That's really what it is. It's just pure dumb luck.

540
00:33:46,516 --> 00:33:51,236
There's nothing you can do to game or whatever. That's how mining works. But the thing is like,

541
00:33:51,276 --> 00:33:56,636
okay, great. But now we need to look specifically what that actually happens. So what happens is

542
00:33:56,636 --> 00:34:00,896
that you're a miner, you get some transactions, you make the block header, which you say,

543
00:34:00,956 --> 00:34:05,776
this is block number, whatever. It was mined here. Some other things I'm hand waving a lot.

544
00:34:05,776 --> 00:34:08,896
And then you have to put the transactions in order and you hash them.

545
00:34:09,896 --> 00:34:13,596
And is this block valid or not?

546
00:34:13,656 --> 00:34:18,156
I'm sorry, I should have also clarified the way the mechanism works, what draws the value.

547
00:34:18,496 --> 00:34:19,096
Well, I'm sorry.

548
00:34:19,576 --> 00:34:20,056
I'm sorry.

549
00:34:20,176 --> 00:34:20,776
Let me backtrack again.

550
00:34:20,856 --> 00:34:27,216
So you take this transaction, you have the header, you put a transaction and you hash them all and you get a number.

551
00:34:27,536 --> 00:34:27,716
All right.

552
00:34:27,856 --> 00:34:33,176
And then you can submit this to the Bitcoin network and the Bitcoin network needs to tell if this is a valid block or not.

553
00:34:33,176 --> 00:34:38,636
what makes this block valid or not?

554
00:34:39,036 --> 00:34:41,496
Well, anything you have on a computer

555
00:34:41,496 --> 00:34:44,696
pretty much can be translated to a number, right?

556
00:34:45,296 --> 00:34:47,636
And the thing is that we want...

557
00:34:48,696 --> 00:34:50,956
So the thing is, like, you have this process that is random

558
00:34:50,956 --> 00:34:53,636
that you could have, like, that could be any number and whatever.

559
00:34:54,116 --> 00:34:56,596
And then you have this number, and you can set a number here,

560
00:34:56,596 --> 00:34:59,316
and you can say, well, if this is below this threshold,

561
00:34:59,736 --> 00:35:01,956
this is valid, or if this is...

562
00:35:01,956 --> 00:35:06,136
You have this number and you want, sorry, you have the number that draws the validity and then you have the hash.

563
00:35:06,436 --> 00:35:08,736
And then you can say if the hash is bigger than the number is valid.

564
00:35:09,016 --> 00:35:10,356
And if the hash is smaller than the number is valid.

565
00:35:10,636 --> 00:35:15,116
Now, if you have the valid number very small, look at all this gap here.

566
00:35:15,156 --> 00:35:16,676
There's so much valid numbers, right?

567
00:35:17,056 --> 00:35:20,696
But if you actually make the numbers smaller, smaller, smaller, like if you made the number 10,

568
00:35:20,696 --> 00:35:24,776
well, there's only 10 possible outcomes out of literally all the numbers.

569
00:35:24,896 --> 00:35:27,096
Well, it's not all the numbers, but it's 2 to the 32 minus 1.

570
00:35:27,276 --> 00:35:28,676
But pretty much, you know.

571
00:35:28,676 --> 00:35:31,456
and I'm sure at this point everyone goes like,

572
00:35:31,816 --> 00:35:33,856
well, that's what makes it difficult.

573
00:35:33,976 --> 00:35:35,516
It's like the smaller you make this number,

574
00:35:35,996 --> 00:35:37,196
the less number they are.

575
00:35:37,316 --> 00:35:38,756
And the reason we have this mechanism

576
00:35:38,756 --> 00:35:39,916
and Satoshi came up with this,

577
00:35:39,936 --> 00:35:41,736
which is truly probably the only thing

578
00:35:41,736 --> 00:35:44,236
that actually he did invent in this Bitcoin stuff,

579
00:35:44,456 --> 00:35:45,036
everything was used,

580
00:35:45,336 --> 00:35:47,296
is he figured out a way the more people come in,

581
00:35:47,536 --> 00:35:48,496
we have to make it harder.

582
00:35:48,616 --> 00:35:50,816
How you just make this number smaller, you know?

583
00:35:51,876 --> 00:35:52,896
But that's how mining works.

584
00:35:53,436 --> 00:35:56,176
And so you take the block,

585
00:35:56,476 --> 00:35:57,616
you put the transactions there,

586
00:35:57,616 --> 00:35:58,436
you start hashing them.

587
00:35:58,676 --> 00:36:00,936
And probably the first time you're going to hash them,

588
00:36:00,996 --> 00:36:04,316
this is not going to be in the target there

589
00:36:04,316 --> 00:36:05,656
unless you're extremely lucky.

590
00:36:07,456 --> 00:36:09,576
And Satoshi realizes and says,

591
00:36:09,676 --> 00:36:11,016
well, let's just add a counter here,

592
00:36:11,276 --> 00:36:12,756
which you just literally increment.

593
00:36:12,896 --> 00:36:14,076
You go tick, tick, tick, tick,

594
00:36:14,076 --> 00:36:15,516
and you can try these things, right?

595
00:36:15,976 --> 00:36:19,276
And this counter in the block, it's called the nonce.

596
00:36:19,316 --> 00:36:21,276
I'm sure a lot of people heard of this.

597
00:36:21,436 --> 00:36:23,796
Nonce means number used once, right?

598
00:36:24,236 --> 00:36:26,716
And the single purpose of this number

599
00:36:26,716 --> 00:36:29,316
is just so you can have lotto tickets pretty much, right?

600
00:36:29,316 --> 00:36:30,496
So you can keep iterating, iterating.

601
00:36:30,736 --> 00:36:33,556
Now, this number here is 2 to the power of 32,

602
00:36:34,016 --> 00:36:36,696
which even though may seem a very big number, it's not.

603
00:36:37,156 --> 00:36:40,696
And because of statistical variations and other things

604
00:36:40,696 --> 00:36:44,756
and the distribution of, well, distribution of luck pretty much,

605
00:36:45,456 --> 00:36:50,776
you could absolutely, because this is a strictly purely random process,

606
00:36:51,236 --> 00:36:53,776
you could go for the full range of these numbers

607
00:36:53,776 --> 00:36:55,796
and you're just not going to get lucky.

608
00:36:55,876 --> 00:36:56,396
It's not enough.

609
00:36:56,716 --> 00:36:58,476
So you have to try one more time, you know?

610
00:36:59,096 --> 00:37:01,076
And Satoshi knew this also.

611
00:37:01,436 --> 00:37:03,536
And he said like, well, you can go for all these numbers

612
00:37:03,536 --> 00:37:07,136
from one to the power of two to the 32.

613
00:37:07,756 --> 00:37:09,256
And if you don't have another one,

614
00:37:09,536 --> 00:37:12,216
we just have a second number here, which you increment.

615
00:37:12,576 --> 00:37:15,416
And because another very important thing with a hash,

616
00:37:15,696 --> 00:37:17,816
like if you change one small minute thing anywhere,

617
00:37:18,256 --> 00:37:19,996
it changes the whole output completely.

618
00:37:20,776 --> 00:37:23,876
So now you already went for all the options.

619
00:37:23,936 --> 00:37:25,316
You can go from one to the power of 32.

620
00:37:25,416 --> 00:37:26,316
So you have a second number.

621
00:37:26,316 --> 00:37:31,736
you tweak this and you just get a fresh new new set of numbers quite simple quite brutal but but

622
00:37:31,736 --> 00:37:35,556
quite elegant now the first number that i'm talking about you can see it in the block header if you go

623
00:37:35,556 --> 00:37:40,356
on memple.space or ever you will see there it says well actually it's called bits but that's the nonce

624
00:37:40,356 --> 00:37:45,456
and equivalent is kind of the same thing but the extra nonce is kind of a hack the extra nonce

625
00:37:45,456 --> 00:37:49,876
because you're the miner and when you're the miner you create all this transaction you create a

626
00:37:49,876 --> 00:37:55,616
coinbase and in the coinbase you pay yourself and except she was like well just tweak a random

627
00:37:55,616 --> 00:37:59,856
fucking number here just to get this part of the coinbase here so you can get a fresh new set of

628
00:37:59,856 --> 00:38:06,556
numbers this is again from first day right so uh sergio demilera which i mean the guy

629
00:38:06,556 --> 00:38:14,576
to come up with his fucking idea in 2000 i don't know 13 whatever it was because everyone looked

630
00:38:14,576 --> 00:38:21,556
at this but to look at the second number that you tweak and be like you know what i think we can

631
00:38:21,556 --> 00:38:26,456
extract something from here. So what ended up happening, this second number that you, so not

632
00:38:26,456 --> 00:38:32,196
the nonce, the nonce is one from two to the power of 42, and it's just really random. But the second

633
00:38:32,196 --> 00:38:37,336
tweaked number here, this has a bug. Satoshi fucked up when he implemented this thing, all right?

634
00:38:37,876 --> 00:38:42,776
So you would be thinking to yourself, well, this makes pretty much sense. You're like,

635
00:38:42,776 --> 00:38:49,336
you're a miner, you start mining one from two to the power of 42, you go for it, you start from one,

636
00:38:49,336 --> 00:38:51,096
you make it two and I go again.

637
00:38:51,096 --> 00:38:52,896
Maybe you go three times, five times,

638
00:38:52,896 --> 00:38:55,136
but then let's just say it takes you five times.

639
00:38:55,136 --> 00:38:57,876
These numbers are just, they don't reflect reality,

640
00:38:57,876 --> 00:39:14,844
by the way just to be clear So you do it five times you found the block It makes sense to reset this thing and start from zero like a respectable gentleman right And the thing that you do it five times You found the block It makes sense to reset this thing and you know start from zero like a respectable gentleman Right And the thing is Satoshi when he implemented his Bitcoin mining he made some small mistakes and this number doesn reset

641
00:39:15,404 --> 00:39:15,804
Right.

642
00:39:15,924 --> 00:39:19,824
Even though this number should reset, it only resets when you turn off your node on and off.

643
00:39:20,864 --> 00:39:22,744
Let me just pull this bit of code here.

644
00:39:23,764 --> 00:39:23,904
Right.

645
00:39:24,004 --> 00:39:27,704
So you would expect this number to reset, but it doesn't reset.

646
00:39:27,704 --> 00:39:35,304
so now if you turn on your node and you start mining um and this number doesn't reset this

647
00:39:35,304 --> 00:39:40,684
number just became an uptime counter right it's just like so how long has this guy been mining

648
00:39:40,684 --> 00:39:45,264
from well as long as his extra announce was on and the extra announce is on the blockchain the

649
00:39:45,264 --> 00:39:52,204
coinbase so then i have this as a as a as a counter now the thing is that there's like a few

650
00:39:52,204 --> 00:39:57,684
things to understand here i'm not sure if like um it makes sense to really like uh explain a bit

651
00:39:57,684 --> 00:40:01,404
The thing is like it not only doesn't reset after this thing,

652
00:40:01,484 --> 00:40:03,424
but it also increments when it checks for a block.

653
00:40:03,624 --> 00:40:04,104
What does this mean?

654
00:40:05,144 --> 00:40:08,164
So you are a miner and you're mining, you're doing your own business.

655
00:40:08,544 --> 00:40:12,164
But as you are trying to, as you're mining and you're constructing this new block

656
00:40:12,164 --> 00:40:14,684
with this new nonce, you have to check, is this valid?

657
00:40:14,824 --> 00:40:15,744
Is this below the hash?

658
00:40:16,244 --> 00:40:18,944
So because again, it was just like where he placed the function to,

659
00:40:18,944 --> 00:40:22,104
well, it's a while loop, it's not a function, to check this thing.

660
00:40:23,264 --> 00:40:25,784
He just made such a small error.

661
00:40:25,784 --> 00:40:28,504
it just triggers it more times.

662
00:40:29,044 --> 00:40:31,184
So the extra announce counter doesn't reset

663
00:40:31,184 --> 00:40:32,084
when you find a block.

664
00:40:32,724 --> 00:40:34,924
And it also increments when you look for blocks.

665
00:40:35,444 --> 00:40:37,324
So not only that it doesn't reset

666
00:40:37,324 --> 00:40:39,284
and it tells you how long this node has been online,

667
00:40:39,764 --> 00:40:43,424
it also does it at some kind of a random thing.

668
00:40:43,524 --> 00:40:44,984
So it makes it like a fingerprint,

669
00:40:45,124 --> 00:40:46,864
makes it even more identifiable and whatever.

670
00:40:47,864 --> 00:40:50,144
Now, I should be very clear here that,

671
00:40:50,624 --> 00:40:52,384
and this was pretty much the criticism

672
00:40:52,384 --> 00:40:55,364
that a lot of people threw at the Potoshi pattern,

673
00:40:55,364 --> 00:40:57,904
which I don't 100% agree with, but it is somewhat valid.

674
00:40:58,004 --> 00:41:01,564
It's like, right, but if you have tens of thousands of miners,

675
00:41:01,744 --> 00:41:04,324
which the Potoshi pattern focuses on a bit lower period,

676
00:41:05,384 --> 00:41:06,344
other things could happen.

677
00:41:06,464 --> 00:41:08,164
There's statistical anomalies and whatever,

678
00:41:08,344 --> 00:41:09,824
so maybe you shouldn't be too sure of this.

679
00:41:10,424 --> 00:41:11,604
Well, who cares?

680
00:41:11,684 --> 00:41:12,244
Who gives a fuck?

681
00:41:12,284 --> 00:41:16,184
Because for me, I know at Block 49, there's only three fucking people.

682
00:41:16,464 --> 00:41:18,604
One of them couldn't get it up, can't get the node up.

683
00:41:19,204 --> 00:41:20,504
Halfini is what I'm talking about.

684
00:41:21,024 --> 00:41:22,804
And there's two other nodes.

685
00:41:22,804 --> 00:41:28,284
I was like, the chance of having more nodes, let's just say maybe there's five more that came up and whatever.

686
00:41:28,644 --> 00:41:29,084
Get out of here.

687
00:41:29,144 --> 00:41:29,664
Forget about it.

688
00:41:29,664 --> 00:41:30,104
There's no way.

689
00:41:30,184 --> 00:41:31,304
There's no way that happened, you know?

690
00:41:31,784 --> 00:41:37,004
So for me, this analysis and this logic, it's like sin from heaven because guess what?

691
00:41:37,184 --> 00:41:38,784
I have almost no noise here.

692
00:41:39,004 --> 00:41:41,584
So I could start looking at and draw my conclusions.

693
00:41:42,364 --> 00:41:43,924
And so I did.

694
00:41:44,504 --> 00:41:47,604
Let me just take a sip because I just ranted for such a long time.

695
00:41:47,984 --> 00:41:52,144
No, it's a good refresher on the difficulty target.

696
00:41:52,804 --> 00:41:54,604
nonces, extra nonces.

697
00:41:54,904 --> 00:41:56,524
And the fact that Satoshi was fallible

698
00:41:56,524 --> 00:41:58,224
in the beginning, launching with this

699
00:41:58,224 --> 00:42:00,024
bug, this hard-cut bug.

700
00:42:00,864 --> 00:42:02,524
I mean, he was so fucking fallible.

701
00:42:02,764 --> 00:42:04,784
So fallible. And he said the word

702
00:42:04,784 --> 00:42:05,224
retarded.

703
00:42:06,124 --> 00:42:07,964
Which counts for something.

704
00:42:09,804 --> 00:42:10,684
Is there any way

705
00:42:10,684 --> 00:42:12,404
we can add this

706
00:42:12,404 --> 00:42:14,644
picture

707
00:42:14,644 --> 00:42:15,504
on the screen?

708
00:42:15,884 --> 00:42:17,444
You should be able to share.

709
00:42:17,604 --> 00:42:18,204
If you hit share.

710
00:42:18,864 --> 00:42:21,704
Oh my god, share my browser.

711
00:42:21,704 --> 00:42:23,464
I think it's easier to convince.

712
00:42:23,464 --> 00:42:25,184
Here, just send me the link.

713
00:42:25,264 --> 00:42:25,864
I'll pull it up.

714
00:42:28,104 --> 00:42:30,324
Easier to convince me to have five protected six,

715
00:42:30,384 --> 00:42:31,024
what you think of it.

716
00:42:32,824 --> 00:42:34,284
Bitcoinminer.com.

717
00:42:34,644 --> 00:42:37,324
So I sent it here in the thing.

718
00:42:39,764 --> 00:42:41,584
And then this other one also.

719
00:42:42,024 --> 00:42:42,184
Oops.

720
00:42:47,144 --> 00:42:47,624
Boom.

721
00:42:48,424 --> 00:42:48,764
All right.

722
00:42:48,764 --> 00:42:50,864
So where we're looking at,

723
00:42:50,864 --> 00:42:56,564
We have a chart here, which I'm telling it's way more simpler than you actually think it is.

724
00:42:56,564 --> 00:43:00,284
So on the horizontal OX axis, we take blocks.

725
00:43:00,424 --> 00:43:03,804
So the number there means that if you go at 50, that's block 50.

726
00:43:03,864 --> 00:43:05,304
It goes to 0 to 200.

727
00:43:05,564 --> 00:43:10,884
We're focusing on the spirit because we know block 170 is when we know how many of the transactions.

728
00:43:11,044 --> 00:43:12,184
So we'll just focus on the spirit.

729
00:43:12,784 --> 00:43:20,564
And then on the OY axis, on the other thing there, we're just charting this value, this value of the counter,

730
00:43:20,564 --> 00:43:23,964
the externance, the second counter that I was talking about, right?

731
00:43:24,544 --> 00:43:31,864
And the thing is like, remember, what happens here is that this number goes up all the time, right?

732
00:43:31,904 --> 00:43:33,804
And it tells us how much it goes up.

733
00:43:34,344 --> 00:43:40,064
And the thing is like when it resets, we know for a fact it only resets in this particular version of Bitcoin code.

734
00:43:40,404 --> 00:43:42,624
It only resets when you turn off your node.

735
00:43:42,724 --> 00:43:46,624
Like if you turn it off and you turn it on, that doesn't get saved anymore in the memory and gets resetted.

736
00:43:46,624 --> 00:44:04,924
So every time we see, sorry, so we have all these like, so a blue dot here on the chart, if you look there and it's like around 50 and 50, because you can see it there, that means at block 50, there was an extra amount of the value of 50, right? That's what this means.

737
00:44:05,884 --> 00:44:10,424
So now we can kind of see that they form this kind of like squiggly things that go like this.

738
00:44:10,764 --> 00:44:13,064
And then they're kind of like grouped a bit more.

739
00:44:13,504 --> 00:44:15,784
You can always see there's some kind of a grouping or something like this.

740
00:44:16,204 --> 00:44:18,664
And the thing is like, this is the way we interpret this.

741
00:44:18,864 --> 00:44:21,284
So the number starts from zero at the bottom.

742
00:44:21,404 --> 00:44:23,784
And it goes up, it goes up, it goes up, it goes up.

743
00:44:23,784 --> 00:44:25,444
And then nothing happens.

744
00:44:25,484 --> 00:44:26,864
And then we see it starts another line.

745
00:44:26,864 --> 00:44:29,664
So that means that the no reset.

746
00:44:29,764 --> 00:44:30,384
Sorry, you were going to say?

747
00:44:31,464 --> 00:44:32,024
No, no.

748
00:44:32,024 --> 00:44:36,224
So I was going to pull up the other chart, which I think highlights.

749
00:44:36,544 --> 00:44:40,264
Let's leave this one for a bit more because I think there's a bit more to clarify here.

750
00:44:40,724 --> 00:44:40,824
Okay.

751
00:44:42,084 --> 00:44:42,404
Right.

752
00:44:42,744 --> 00:44:51,424
So the thing is, like, we can see the reason this grouping's forum is because, again, at some point, the chart goes up, but then it starts from zero.

753
00:44:51,424 --> 00:45:02,784
So if we know the number starts, the second count or the extra announced number goes to zero only when a node resets.

754
00:45:03,284 --> 00:45:04,564
And now here's another thing to understand.

755
00:45:04,844 --> 00:45:13,704
Like, well, if you have the groupings and it goes from one to two, that could be really lucky because all nodes start from zero, all nodes go to one, right?

756
00:45:14,244 --> 00:45:19,824
But the thing is, as each number you add, it's less likely to be a random occurrence, right?

757
00:45:19,824 --> 00:45:20,844
It just makes sense.

758
00:45:20,844 --> 00:45:23,584
It's like if you have one random event and you're like one, okay.

759
00:45:23,884 --> 00:45:26,664
It's like the more coin flips you do, the harder it is to guess.

760
00:45:26,824 --> 00:45:27,564
You know what I'm trying to say?

761
00:45:28,104 --> 00:45:34,444
So not only that this means that the, so the bigger this, this, this thing goes, the more

762
00:45:34,444 --> 00:45:37,704
certain we are, because it's like, really, what is the chance someone is going to go

763
00:45:37,704 --> 00:45:38,484
up to 200?

764
00:45:38,644 --> 00:45:39,384
Come on, let's be honest.

765
00:45:39,764 --> 00:45:40,384
And it's not a one.

766
00:45:40,464 --> 00:45:40,584
Yeah.

767
00:45:40,604 --> 00:45:41,684
You know, you, you can't be sure.

768
00:45:42,344 --> 00:45:46,464
So this is, so just by looking here, we can see that, oh, wait a minute.

769
00:45:46,464 --> 00:45:49,324
This is quite interesting because we see, we kind of see these groupings here.

770
00:45:49,324 --> 00:45:58,764
So we don't know if they're all the same node, but we can say maybe, maybe one third like that with the red thing.

771
00:45:59,144 --> 00:46:01,264
I think that's I think that's a node, you know?

772
00:46:02,364 --> 00:46:03,344
Yeah. Yeah.

773
00:46:03,544 --> 00:46:15,544
Again, going back to the probabilistic chance of different nodes having consecutive higher externance numbers is very low, particularly at this point in time in Bitcoin's history.

774
00:46:16,204 --> 00:46:16,564
Absolutely.

775
00:46:16,564 --> 00:46:23,564
And so we're assuming, looking at, if you're looking at the screen, if you're not looking, we're looking at the Potoshi pattern.

776
00:46:24,164 --> 00:46:29,924
And you basically just assume that Satoshi mined all these blocks that we're highlighting here, or one entity did.

777
00:46:30,344 --> 00:46:31,204
Not yet, not yet.

778
00:46:31,344 --> 00:46:34,964
We're saying one entity mined at least one third.

779
00:46:35,084 --> 00:46:36,164
That's for now, for now.

780
00:46:36,344 --> 00:46:37,504
But yes, of course, we're going to get there.

781
00:46:37,624 --> 00:46:40,324
But that's where we are right now in the story.

782
00:46:40,724 --> 00:46:42,564
That's all we can claim for what we have, for what we have.

783
00:46:42,564 --> 00:46:43,344
All right, freaks.

784
00:46:43,624 --> 00:46:44,024
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785
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786
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787
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792
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793
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797
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798
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799
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815
00:49:01,364 --> 00:49:16,644
So now we have included context here, which gets back to the fact that the network was halted or may have been halted eight times based off the time analysis that you did on the first, what, 170 blocks.

816
00:49:19,704 --> 00:49:23,724
Yeah, so the thing is like, so now this is pretty much the same chart.

817
00:49:23,764 --> 00:49:25,004
It's just a bit more elongated.

818
00:49:25,524 --> 00:49:29,864
And, you know, the earlier chart was just more obvious that to point out the groupings, right?

819
00:49:29,864 --> 00:49:36,844
so every time we see we we go from from um so now we have these groupings and i was like you know

820
00:49:36,844 --> 00:49:41,664
what's so interesting because remember i found the big time time gaps right so now i'm just looking

821
00:49:41,664 --> 00:49:46,784
at this thing and i was like oh man wouldn't be so strange if somehow there would be some

822
00:49:46,784 --> 00:49:51,944
alignment between when then when this thing when this event of of node reset happens and the times

823
00:49:51,944 --> 00:49:57,484
and i look at it and i'm like jesus fucking christ this is nuts it actually happens almost

824
00:49:57,484 --> 00:50:01,624
every single time with two exceptions, and those should actually help our case, we'll see later.

825
00:50:02,184 --> 00:50:05,664
Every single time the node resets, so it goes from top to

826
00:50:05,664 --> 00:50:09,704
down, there's a big time gap between blocks, right? So we know that's

827
00:50:09,704 --> 00:50:13,564
an event that means the node resets, and then we see a big time gap between

828
00:50:13,564 --> 00:50:17,424
blocks. Oh, this means whoever is mining this stuff

829
00:50:17,424 --> 00:50:21,324
is turning off their node. That's why there's no more blocks to be produced.

830
00:50:21,964 --> 00:50:25,044
And now you're going to be like, yeah, sure, I mean, maybe there was internet or whatever.

831
00:50:25,044 --> 00:50:27,804
right but the reason why i'm so certain is turning off because

832
00:50:27,804 --> 00:50:32,924
so you can look at all the other time gaps and be like maybe i don't know whatever but it's like

833
00:50:32,924 --> 00:50:38,764
when it's 24 hours clearly that person turned off their node there was no enough to get online

834
00:50:38,764 --> 00:50:46,124
and the you know no one mined any blocks and so the 24 and the eight hours one i mean i don't

835
00:50:46,124 --> 00:50:50,824
think anyone could argue with me right now there's another two hour and 45 minutes one also the same

836
00:50:50,824 --> 00:50:54,544
and there's a three-hour one and there's a few like 30 and 44 minutes and you're right

837
00:50:54,544 --> 00:50:58,984
that would be statistically sound but it's statistically sound to have some of them but

838
00:50:58,984 --> 00:51:05,224
not to have so many right so um when i looked at it sound like oh my god this is kind of

839
00:51:05,224 --> 00:51:10,024
interesting because this kind of means there is just no one here and the network halted eight

840
00:51:10,024 --> 00:51:16,624
times um and this i mean it's again it just feels so together to not make any sense you know

841
00:51:16,624 --> 00:51:24,064
so yeah and so this is where it ties into the tour node right right the tour node exactly i forgot

842
00:51:24,064 --> 00:51:29,364
about um so now because that's why we started on this whole fucking thing so now i'm i'm looking

843
00:51:29,364 --> 00:51:34,504
at this thing and i'm just kind of thinking to myself well we know for a fact there weren't that

844
00:51:34,504 --> 00:51:39,824
many people around here on the network as the first thing and then we know that there were

845
00:51:39,824 --> 00:51:45,284
we know we have this condition we need two people to mine two nodes two nodes at least to mine on

846
00:51:45,284 --> 00:51:48,524
That being said, you could have like opened the code and changed that.

847
00:51:48,524 --> 00:51:49,484
However, I doubt it.

848
00:51:49,484 --> 00:51:54,284
And here's the thing why I doubt it because even Satoshi had trouble compiling

849
00:51:54,284 --> 00:51:56,024
the code and make it run.

850
00:51:56,024 --> 00:51:59,524
So whoever was running this was most probably like using Satoshi's code and

851
00:51:59,524 --> 00:52:00,024
whatever.

852
00:52:00,024 --> 00:52:04,944
Anyway, so we know there's like no, no, we know there's a very low accessibility

853
00:52:04,992 --> 00:52:11,172
We know we have, we need two nodes and we know from house debug, at least at block 49, and there's a yellow line there.

854
00:52:11,292 --> 00:52:15,332
So we know at least this, this, um, round, we can be very certain.

855
00:52:16,412 --> 00:52:21,932
Uh, we, we, we know, um, what I'm trying to get at, sorry, I'm, I'm over explaining it.

856
00:52:21,952 --> 00:52:24,232
I was like, the fucking network is halting.

857
00:52:24,412 --> 00:52:25,492
We know there's two nodes there.

858
00:52:25,832 --> 00:52:26,752
Jesus fucking Christ.

859
00:52:27,172 --> 00:52:30,112
Clearly they must be the same entity because they're two in sync, right?

860
00:52:30,372 --> 00:52:31,372
They're two in sync.

861
00:52:31,372 --> 00:52:34,892
Like when they go out, both of them probably look like they go out, right?

862
00:52:34,992 --> 00:52:35,972
And here's the interesting part.

863
00:52:36,472 --> 00:52:40,592
There's an exception to where there's no big time gaps between blocks.

864
00:52:41,312 --> 00:52:42,452
You know where the exception is?

865
00:52:42,872 --> 00:52:46,352
At block 49, when we know both of the nodes were there, right?

866
00:52:46,392 --> 00:52:47,632
You can see there, it's a 12-minute.

867
00:52:48,132 --> 00:52:49,752
All the other have big time blocks.

868
00:52:49,752 --> 00:52:53,972
Only these ones have 12 minutes, which is like normal and whatever.

869
00:52:54,432 --> 00:52:57,752
And I also do a very crude statistical analysis here.

870
00:52:58,292 --> 00:53:00,972
And this is from block 29 to block 77.

871
00:53:00,972 --> 00:53:07,452
and it looks like again in the average here is about 10.7 minutes which is what we're going for

872
00:53:07,452 --> 00:53:12,232
it's not a proof per se but it's actually like looks like he was a healthy thing which again we

873
00:53:12,232 --> 00:53:16,552
know this was happening in the in the node so you know when i looked at this stuff and whatever i

874
00:53:16,552 --> 00:53:21,452
was like oh my god i just think it's so hard to not really be like it must have been satoshi

875
00:53:21,452 --> 00:53:26,832
because satoshi started off you see there she saw not even how was like yeah sure let's let's

876
00:53:26,832 --> 00:53:32,352
jump in and whatever it's like dear god if i if i don't have anything here um on this network it's

877
00:53:32,352 --> 00:53:36,712
not gonna go further if people need to jump in and also like maybe they start their own bitcoins

878
00:53:36,712 --> 00:53:42,372
or whatever let me just spin up a torno you know and then uh to tie it in a bow and whatever

879
00:53:42,372 --> 00:53:47,612
there's this other email that satoshi had uh so after this whole hullabaloo happens and whatever

880
00:53:47,612 --> 00:53:51,972
and whatnot satoshi writes an email to house is like dude you were keeping the network alive

881
00:53:51,972 --> 00:53:53,772
and sorry I can't

882
00:53:53,772 --> 00:53:55,512
try things out right now because

883
00:53:55,512 --> 00:53:58,072
I'm in a place where I can't accept incoming connections

884
00:53:58,072 --> 00:54:00,252
and that is what a Tor node

885
00:54:00,252 --> 00:54:02,252
could do at least in the context of this node and whatever

886
00:54:02,252 --> 00:54:03,892
it cannot accept incoming connections

887
00:54:03,892 --> 00:54:05,772
so I was like oh yeah this is

888
00:54:05,772 --> 00:54:06,432
fucking nuts

889
00:54:06,432 --> 00:54:09,352
so he couldn't get to his clear net node

890
00:54:09,352 --> 00:54:11,912
to accept incoming connections

891
00:54:11,912 --> 00:54:13,592
I don't know why

892
00:54:13,592 --> 00:54:15,832
Tor wouldn't have done it anyway is that what you're saying

893
00:54:15,832 --> 00:54:17,652
not quite

894
00:54:17,652 --> 00:54:19,032
I could have been more clear one second

895
00:54:19,032 --> 00:54:21,372
so the thing is like

896
00:54:21,372 --> 00:54:24,752
and the Bitcoin Core version 0.1, the one we're working with,

897
00:54:25,212 --> 00:54:27,652
you could not accept incoming connections.

898
00:54:28,392 --> 00:54:30,432
So Satoshi says here,

899
00:54:34,712 --> 00:54:38,912
unfortunately, I can't receive incoming connections from where I am,

900
00:54:39,172 --> 00:54:41,672
from where I am, which has made things more difficult.

901
00:54:42,132 --> 00:54:44,972
Your note receiving incoming connection was the main thing

902
00:54:44,972 --> 00:54:47,072
keeping the network going for the first two days.

903
00:54:47,532 --> 00:54:50,332
So Satoshi, what I'm reading here is like where I am.

904
00:54:50,332 --> 00:54:53,552
So Satoshi is somewhere else where he's not home, but he's on set up.

905
00:54:54,232 --> 00:54:57,512
So he's probably just connecting via Tor to be private.

906
00:54:58,092 --> 00:55:00,512
And with Tor, you can't accept incoming connections.

907
00:55:01,092 --> 00:55:04,692
So it's a hint towards the fact that, again, and again, what is the coincidence?

908
00:55:04,912 --> 00:55:07,392
He mentions this when we have the Tor node and whatever.

909
00:55:09,832 --> 00:55:10,672
It's fascinating.

910
00:55:10,912 --> 00:55:17,252
What fascinates me about how much work he put into this, some research, is that it's just like the first few days of the network online.

911
00:55:17,252 --> 00:55:28,292
There's so much in this short period of time, the 72 to 96 hour period that, I mean, you articulated it in the video and in the article.

912
00:55:28,772 --> 00:55:33,872
So much rested on this early interaction with the Bitcoin network.

913
00:55:34,712 --> 00:55:34,892
Yes.

914
00:55:35,792 --> 00:55:35,992
Yes.

915
00:55:36,072 --> 00:55:42,852
And the thing is, like, in most of those, by the way, so we didn't really touch this, but most of the emails with Satoshi and Hal, Hal says this doesn't work.

916
00:55:43,112 --> 00:55:46,352
And they try to fix it and it's just hair pulling and nothing works and this doesn't work.

917
00:55:46,352 --> 00:55:47,912
and there's one note and whatever.

918
00:55:48,652 --> 00:55:52,332
So, dude, this thing almost barely take off.

919
00:55:52,432 --> 00:55:54,172
I mean, it was the most dinkiest.

920
00:55:54,392 --> 00:55:58,612
It almost is like God was pushing it from behind

921
00:55:58,612 --> 00:56:01,092
because it's like everything that could have gone wrong

922
00:56:01,092 --> 00:56:03,712
went in the absolute worst way that could have gone wrong.

923
00:56:03,852 --> 00:56:05,632
You know, it was a fucking shit show.

924
00:56:06,192 --> 00:56:07,952
And think about it like this.

925
00:56:08,252 --> 00:56:09,632
All this shit show and whatever,

926
00:56:10,072 --> 00:56:14,092
it's Hal Finney and Dustin Tramiel.

927
00:56:14,692 --> 00:56:15,272
I don't even know what,

928
00:56:15,272 --> 00:56:17,392
I mean, they're probably fucking retarded or crazy or something, right?

929
00:56:17,432 --> 00:56:20,412
Because you have to be so retarded to look at this and to be like, you know what, man?

930
00:56:21,252 --> 00:56:23,452
I think this deserves a chance.

931
00:56:23,632 --> 00:56:25,952
I think we need to look at this.

932
00:56:26,632 --> 00:56:29,412
Well, again, we can't ask how, but we should ask Dustin at some point.

933
00:56:29,832 --> 00:56:31,572
Because it just almost makes no sense, you know?

934
00:56:31,652 --> 00:56:32,792
It just, wow.

935
00:56:33,392 --> 00:56:34,572
Wow, that's all I can say.

936
00:56:35,612 --> 00:56:35,832
Yeah.

937
00:56:36,592 --> 00:56:40,152
Now I feel like I need to get Dustin on if he would come on to talk about this stuff.

938
00:56:40,192 --> 00:56:40,812
Because it's fascinating.

939
00:56:40,812 --> 00:56:42,252
And you highlighted, too.

940
00:56:42,252 --> 00:56:49,932
had the emails sort of lining up with Satoshi sending version 0.1.1 to Hal and then him tweeting

941
00:56:49,932 --> 00:56:55,612
out a few hours later running Bitcoin. So you can tell that the tweet sort of lines up with

942
00:56:56,332 --> 00:56:59,612
the back and forth email he had to try to fix the bugs and get a new version.

943
00:56:59,612 --> 00:57:03,372
Yes, absolutely. I think we can turn off the screen share.

944
00:57:06,332 --> 00:57:06,892
No.

945
00:57:06,892 --> 00:57:09,852
Yeah. And also another question that you may think,

946
00:57:09,852 --> 00:57:14,732
but what if Dustin was the Tor node? Sorry, I forgot to mention, Dustin also had some private

947
00:57:14,732 --> 00:57:20,652
conversations with Satoshi, which he also released. So I also looked at those emails for some other

948
00:57:20,652 --> 00:57:28,492
stuff. And he actually shares his IP address with Satoshi there. So that's why I think it's not him.

949
00:57:28,492 --> 00:57:36,812
And I think he even said this. So the thesis is essentially that to bootstrap the network in the

950
00:57:36,812 --> 00:57:49,312
In the early days, Satoshi had a clear net node and a node running through Tor that were connected and mining blocks so that when other individuals joined the network like Hal and Dustin, it looked like there was activity already.

951
00:57:49,752 --> 00:57:54,292
And they could have peers and begin mining immediately to improve the user experience.

952
00:57:55,832 --> 00:57:57,252
So why is this important?

953
00:57:57,372 --> 00:57:58,592
Why is it important to know all this?

954
00:58:00,172 --> 00:58:01,932
I don't, because it's cool, dude.

955
00:58:01,992 --> 00:58:03,012
What do you mean why it's important?

956
00:58:03,012 --> 00:58:04,972
It's like, why do you fall in love with a woman?

957
00:58:05,132 --> 00:58:06,032
Why do you go there?

958
00:58:06,032 --> 00:58:10,292
Why do you sometimes feel like you're like, there, that's, I have to go there.

959
00:58:10,352 --> 00:58:10,952
That's where it is.

960
00:58:10,992 --> 00:58:11,652
That's the prize.

961
00:58:11,732 --> 00:58:12,472
I fucking see it.

962
00:58:12,492 --> 00:58:13,032
I know it.

963
00:58:13,432 --> 00:58:14,232
That's why you do it.

964
00:58:14,312 --> 00:58:16,312
I mean, how could I have ever first seen this?

965
00:58:16,392 --> 00:58:17,812
You know, there was no way.

966
00:58:17,932 --> 00:58:19,452
I just couldn't leave it alone.

967
00:58:19,772 --> 00:58:21,852
I just could not fucking leave it alone.

968
00:58:22,332 --> 00:58:23,092
And I was right.

969
00:58:23,172 --> 00:58:23,932
I mean, I'm always right.

970
00:58:24,892 --> 00:58:26,852
Everyone, when they feel like this, you're always right.

971
00:58:26,932 --> 00:58:41,052
It doesn matter what when you just like you know it this tiny string that kind of like and you have to listen you can you can have bullshit around your head because you have to listen to that that that tiny whisper you know or maybe this is how I going to re I telling the world that I fucking

972
00:58:41,052 --> 00:58:41,892
crazy and retarded.

973
00:58:43,012 --> 00:58:44,512
It's the whisper that told me.

974
00:58:44,972 --> 00:58:45,472
We all are.

975
00:58:45,792 --> 00:58:46,192
But like, no,

976
00:58:46,232 --> 00:58:48,612
I think you made a good point in the video and in the article is like,

977
00:58:48,692 --> 00:58:54,072
I think if the thesis that you put out there is believable,

978
00:58:54,172 --> 00:58:56,992
which I think it certainly is, what does it debunk?

979
00:58:57,072 --> 00:58:58,632
Like was Bitcoin created by the NSA?

980
00:58:58,632 --> 00:59:04,352
what was the type of person like what type of person was satoshi i i think that's a very good

981
00:59:04,352 --> 00:59:09,412
point and i even forgot about that that kind of came to me later but it was like dude when you see

982
00:59:09,412 --> 00:59:15,552
how fucked up this whole thing was and again how many like things were just happening wrong i just

983
00:59:15,552 --> 00:59:21,172
feel like the chances of thinking this was created by the nsa i mean i do you have to be really really

984
00:59:21,172 --> 00:59:26,752
really i can't prove it right because you could say well the nsa may have done this and whatever

985
00:59:26,752 --> 00:59:32,352
but that i think that that's a bit retarded because i mean i just feel like if you would

986
00:59:32,352 --> 00:59:36,572
give me a million dollars and you would say construct the chaos like this i don't think you

987
00:59:36,572 --> 00:59:41,232
i don't think you could do it i really don't think so so yeah when you look at it and the

988
00:59:41,232 --> 00:59:46,512
biggest the fact that it went so bad and so poorly and nothing worked and whatever i think this is

989
00:59:46,512 --> 00:59:52,292
the biggest proof that it was organic really you know so yeah and also like this whole bullshit

990
00:59:52,292 --> 00:59:56,692
about it was a one nothing against women by the way i'm not trying to say anything it was so maybe

991
00:59:56,692 --> 01:00:02,332
it's a woman maybe it's a group of people but dude come on look at this this is some fucking guy

992
01:00:02,332 --> 01:00:06,472
with a laptop like you and me for some of a fucking reason he figured this out he put her

993
01:00:06,472 --> 01:00:10,552
on the internet he was talking with with some random guy on the internet and with two random

994
01:00:10,552 --> 01:00:15,892
guys on the internet that was it he made a fucking pet project i come on let's be honest

995
01:00:15,892 --> 01:00:20,912
this is what happened you know well that's the other point too like could bitcoin have easily

996
01:00:20,912 --> 01:00:26,092
died in the cradle of dust and hal didn't care to actually try to get it working

997
01:00:26,092 --> 01:00:34,172
my opinion is that i mean the thing is like you never know right but i i just feel like

998
01:00:34,172 --> 01:00:41,412
do you guys know that the video it's a very old video there's this guy this rave on a on a hill

999
01:00:41,412 --> 01:00:48,292
he's dancing like this and whatever you know and then there's one the first person that comes and

1000
01:00:48,292 --> 01:00:53,212
the other one and whatever and what that and it goes and then oh my god it's it's so passe to not

1001
01:00:53,212 --> 01:00:57,512
be a part of it and do that i just feel like that's really what it is it's like well and see

1002
01:00:57,512 --> 01:01:02,212
the guy the narrator says there is a second guy doesn't come and i think i'm afterward you know

1003
01:01:02,212 --> 01:01:08,272
so i you really feel like it's hard to even put into words how important it was not only how but

1004
01:01:08,272 --> 01:01:13,852
also dusting equally equally absolutely equally um just being willing to do this you know and to

1005
01:01:13,852 --> 01:01:18,272
participate there i mean i know you're focused on the first 170 blocks but like how did you

1006
01:01:18,272 --> 01:01:26,112
research how long it took for more nodes like when a marty mommy join um like when did it get

1007
01:01:26,112 --> 01:01:32,592
beyond three people and the tour node that we're suspecting is satoshi well i haven't really looked

1008
01:01:32,592 --> 01:01:37,732
because it took a year to look at this i don't know what so maybe the next research we'll see

1009
01:01:37,732 --> 01:01:44,072
but um well mommy came way later actually when mommy came he was i i think he came before they

1010
01:01:44,072 --> 01:01:47,612
have they had bitcoin talk which wasn't even called bitcoin talk he was hosted on bitcoin

1011
01:01:47,612 --> 01:01:52,092
that work but it's the same interface um i really don't know i have it in my notes but i don't know

1012
01:01:52,092 --> 01:01:57,052
by but it was it was way more popular at this point there were people talking it was

1013
01:01:57,052 --> 01:02:01,672
it had a community at that point we can claim at least that yeah well that brings up another

1014
01:02:01,672 --> 01:02:08,192
good point like what other forensic excursions do you plan on going on or what are there oh i i

1015
01:02:08,192 --> 01:02:13,232
have a few other things that i'm gonna i mean i already filmed one video it's not as big as this

1016
01:02:13,232 --> 01:02:18,412
one is not as grandiose or a bit more smaller. I also figured out some very interesting, I just

1017
01:02:18,412 --> 01:02:22,332
don't want to like share them because they're not super important, but people have questions about

1018
01:02:22,332 --> 01:02:26,452
like why Satoshi made certain weird decisions in the code and whatnot. And there's a whole many

1019
01:02:26,452 --> 01:02:31,092
questions on Stack Exchange and the answer is always like, you have to ask Satoshi, you know?

1020
01:02:31,172 --> 01:02:35,272
And I think I figured out one of this, but it doesn't change anything. It's just, I just kind

1021
01:02:35,272 --> 01:02:39,172
of have enough context from the chaos and I'm like, oh, that's why it was, it was actually

1022
01:02:39,172 --> 01:02:43,552
nothing burger i just i just could trace it this part of the code you know but what other thing

1023
01:02:43,552 --> 01:02:47,072
that i want to do and whatever i mean i don't have any more for instance investigations but

1024
01:02:47,072 --> 01:02:54,072
i'm making movies man i'm movie director that's what i do so um uh are we wrapping up by the way

1025
01:02:54,072 --> 01:02:58,572
no we don't have to keep going i want to actually wanted to touch on that like the the art side of

1026
01:02:58,572 --> 01:03:04,372
this because i mean the production value was incredible and i think telling thank you these

1027
01:03:04,372 --> 01:03:08,412
Bitcoin stories in this way, in this engaging way is very important.

1028
01:03:08,412 --> 01:03:13,392
And I know you've been sort of iterating on this art form within Bitcoin for years.

1029
01:03:13,732 --> 01:03:15,932
And I think the output is incredible.

1030
01:03:16,332 --> 01:03:21,712
So just like your worldview and bringing this artistic touch to the Bitcoin world.

1031
01:03:22,872 --> 01:03:23,092
Yeah.

1032
01:03:23,492 --> 01:03:28,352
Well, you know, I mean, I never really think about that.

1033
01:03:28,492 --> 01:03:31,652
It's going to sound so insane, but like everything I said here.

1034
01:03:31,652 --> 01:03:39,132
but uh but uh i i just i just want to see that video i know no one is going to make this video

1035
01:03:39,132 --> 01:03:44,272
never ever in a thousand years and i have to see i just need to see that i need to see it on the

1036
01:03:44,272 --> 01:03:48,832
screen i don't get this bullshit about i don't watch my stuff shut the fuck up i watched it i

1037
01:03:48,832 --> 01:03:53,452
watched it yesterday i watched it today i love it i fucking love it how good it is you know and i

1038
01:03:53,452 --> 01:03:57,832
just want to see that video i like it so much i love this stuff i can't get enough of it i everyone

1039
01:03:57,832 --> 01:04:03,472
that knows me or life knows this is how this is what i breathe every time if i'm somewhere i talk

1040
01:04:03,472 --> 01:04:08,452
about bitcoin weird things i just want to see this thing so i just wanted to do it like this that's

1041
01:04:08,452 --> 01:04:12,792
what i was thinking about but i do kind of feel like uh i don't know most of where it goes but i

1042
01:04:12,792 --> 01:04:19,772
feel like what i was sucking my own dick i can set a new standard i think i think i sound as

1043
01:04:19,772 --> 01:04:25,272
i think this is a new standard if i don't say so well good we need to raise the standards it's a

1044
01:04:25,272 --> 01:04:30,852
high standard i mean the the behind the scenes sort of a b-roll cut that you include in there

1045
01:04:30,852 --> 01:04:35,432
we have the camera on the on the track and you're like pushing it toward your laptop and like

1046
01:04:35,432 --> 01:04:42,672
took a lot of time and effort to set it up yeah but the thing is like dude what is dirt house to

1047
01:04:42,672 --> 01:04:47,832
do in life when you think about it man you're gonna die dude you're gonna die everything you

1048
01:04:47,832 --> 01:04:52,912
know is gonna die everyone knows gonna die and and the craziest part is that you can't even be

1049
01:04:52,912 --> 01:04:54,492
sure that when you're awake

1050
01:04:54,492 --> 01:04:56,192
this is real. I mean, just think about

1051
01:04:56,192 --> 01:05:08,112
how many times I sure everyone can relate this you have a dream you think it so sure It goes away That happened this morning I don believe you Really

1052
01:05:08,512 --> 01:05:08,852
Yeah.

1053
01:05:09,412 --> 01:05:09,972
Are you serious?

1054
01:05:10,532 --> 01:05:14,872
Yeah. I mean, I, I, I have pretty vivid dreams. Yeah.

1055
01:05:16,032 --> 01:05:19,032
Well, anyway, the point is like, that's what life could be.

1056
01:05:19,032 --> 01:05:22,152
So the only thing you could do philosophically,

1057
01:05:22,292 --> 01:05:27,652
if you want to be philosophically rational is you have to pick something and go get the high score on that.

1058
01:05:27,652 --> 01:05:33,492
And it doesn't have to be, this is just my own retardation, which is fine, but it could be other things, you know?

1059
01:05:34,112 --> 01:05:38,192
So the reason why it's like you have to put everything in something.

1060
01:05:38,252 --> 01:05:41,172
When you do something, it has to be the best of all time.

1061
01:05:41,592 --> 01:05:42,032
You owe it.

1062
01:05:42,072 --> 01:05:43,372
You owe it to yourself.

1063
01:05:43,632 --> 01:05:44,732
You owe it to whatever.

1064
01:05:45,852 --> 01:05:51,192
It's kind of like, life is like a bag of goodies.

1065
01:05:51,732 --> 01:05:53,072
You keep taking back things.

1066
01:05:53,072 --> 01:05:57,892
only you can put something back because it's so vast and so big and such a crazy

1067
01:05:57,892 --> 01:06:01,752
the hard thing to contribute is you have to really really really give it everything and even if you

1068
01:06:01,752 --> 01:06:06,452
don't contribute something back at least you you spent your time well you know so that's how i think

1069
01:06:06,452 --> 01:06:11,752
about anyway it's never like uh the stuff but yes i like to brag i'm very braggadocious absolutely

1070
01:06:11,752 --> 01:06:16,132
and i do like this i like to be like oh look how good my stuff is yeah i put in the work though

1071
01:06:16,132 --> 01:06:19,012
i appreciate the confidence we need more confident people in this world

1072
01:06:19,012 --> 01:06:24,672
what uh what movies are you working on right now if you're allowed to elaborate absolutely

1073
01:06:24,672 --> 01:06:33,432
i have two movies coming out the um then one that's gonna come out the next month i don't

1074
01:06:33,432 --> 01:06:37,152
know if it's gonna be 30 or 40 days depends it's filmed it's a short movie about bitcoin core

1075
01:06:37,152 --> 01:06:43,612
and it follows this fictionalized story of myself where i start i i use bitcoin core and i need to

1076
01:06:43,612 --> 01:06:48,772
verify the pgp keys and i'm so retarded that i decide that i need to find so when you verify the

1077
01:06:48,772 --> 01:06:54,112
pgp keys there are certain people that sign it and i'm like you know what i'm gonna do i'm gonna go

1078
01:06:54,112 --> 01:07:00,892
across the world take planes and find the people to who verify the pgp key to verify the pgp key

1079
01:07:00,892 --> 01:07:07,712
around them and you have in this video mz uh shorts provost uh you also have some a few other

1080
01:07:07,712 --> 01:07:12,772
cameos there uh and it's it's again it's still very jokey and whatever but it's way more narrative

1081
01:07:12,772 --> 01:07:17,992
and and and by the way if you like this stuff you want a place in history you know what i'm

1082
01:07:17,992 --> 01:07:26,632
looking for sponsors in this uh in the in this movie um because uh i mean um well i just in this

1083
01:07:26,632 --> 01:07:30,852
specific video with a thing i really didn't want to add any sponsors because i wanted to be pure

1084
01:07:30,852 --> 01:07:34,492
and i didn't want to taint it in any way but i'm a business man i'm a fucking priest and cost a lot

1085
01:07:34,492 --> 01:07:39,452
of money out of my own pocket to make these things uh so um i would i would be very happy to have

1086
01:07:39,452 --> 01:07:43,332
sponsors and your logo will be included there and it's not going to be just the fucking logo there

1087
01:07:43,332 --> 01:07:47,812
put it's going to be an object as you can see at the end of the video and whatever so if you want

1088
01:07:47,812 --> 01:07:51,912
to do that please hit me up and i also have this other movie that i've been working on which is

1089
01:07:51,912 --> 01:07:58,452
called satoshis don't exist i started in 2023 um and well again it was just one of those things that

1090
01:07:58,452 --> 01:08:03,112
annoyed me it was like when you think about it the satoshi units don't exist and they're not

1091
01:08:03,112 --> 01:08:06,452
present in the code and i was trying to have conversations with people like this and they

1092
01:08:06,452 --> 01:08:09,792
were so like you're wrong you're stupid i was like can we please just look at a code and i said no

1093
01:08:09,792 --> 01:08:15,592
i was like girl i'll make a movie about it you see and um and the thing is that when i started

1094
01:08:15,592 --> 01:08:20,692
that movie i wasn't so versed in cinematography but i kind of got to that point and then i was

1095
01:08:20,692 --> 01:08:25,652
like oh you know what and i got some money people were very helpful it was it was absolutely cool

1096
01:08:25,652 --> 01:08:30,852
but i just felt like i know at this point with my own two hands a light bulb and a camera i can

1097
01:08:30,852 --> 01:08:35,492
rival any colleague production of course not in scale or like this but i know i mean i know i

1098
01:08:35,492 --> 01:08:39,872
could do that i've done it now um so anyway so i wanted i feel like the satoshi don't exist because

1099
01:08:39,872 --> 01:08:44,152
that's a proper feature film and i also went to azores i filmed there and there's a lot of stuff

1100
01:08:44,152 --> 01:08:47,252
I wanted to really, really show that I'm good at cinematography.

1101
01:08:47,692 --> 01:08:50,512
Give me a lot of money because I know this could be a great thing that's going to go

1102
01:08:50,512 --> 01:08:51,072
all over the world.

1103
01:08:51,452 --> 01:08:53,172
So I took all the money that I raised for that one.

1104
01:08:53,312 --> 01:08:59,192
And I made this MVP version of the Vito short movie, the how to install Bitcoin Core.

1105
01:08:59,632 --> 01:09:01,932
And then I swear to God, I was ready to launch it.

1106
01:09:02,132 --> 01:09:04,272
This whole thing started when I was ready to launch it last year.

1107
01:09:04,772 --> 01:09:05,532
I was absolutely ready.

1108
01:09:05,612 --> 01:09:06,652
And then this thing fell in my lap.

1109
01:09:06,692 --> 01:09:08,132
And I was like, okay, here we go.

1110
01:09:08,172 --> 01:09:08,792
Another side quest.

1111
01:09:09,052 --> 01:09:09,312
Let's go.

1112
01:09:10,552 --> 01:09:11,312
I promise.

1113
01:09:11,492 --> 01:09:13,772
Listen, I promise I'm not taking any side quest.

1114
01:09:13,772 --> 01:09:18,632
and for the people like the movie is filmed by the way it's not gonna take it's filmed it's ready

1115
01:09:18,632 --> 01:09:23,032
i could release it tomorrow if we want to i just i just need to find some sponsorships and whatever

1116
01:09:23,032 --> 01:09:27,412
you know and i mean again just think about it if you want to see more content like this uh

1117
01:09:27,412 --> 01:09:31,832
similar dimension or something because again it it you cannot imagine how hard it is and

1118
01:09:31,832 --> 01:09:36,252
i mean the minimum amount of takes is 50 takes so you know there's there's moments in this movie

1119
01:09:36,252 --> 01:09:40,832
like the beginning of the dusting thing that took two weeks that's a four second shot took two weeks

1120
01:09:40,832 --> 01:09:46,292
just doing it and doing it so you know damn yeah but Alex I was told AI is going to take all the

1121
01:09:46,292 --> 01:09:53,672
all the filmmaking jobs is this true I think there is true this because you know I first of all I

1122
01:09:53,672 --> 01:09:58,372
never use the eye in my stuff because I'm at a as as of this recording there's no AI in the planet

1123
01:09:58,372 --> 01:10:02,432
that could do things better than I could do with a camera on a light bulb but it's going to change

1124
01:10:02,432 --> 01:10:05,932
no one's going to happen here's what I predict and I'm probably I hope I'm going to be one of

1125
01:10:05,932 --> 01:10:10,412
these people I think we're going to have the first feature film dead by a single person and it's going

1126
01:10:10,412 --> 01:10:15,232
to be one guy in his living room and he's going to act up all the parts and whatever, because

1127
01:10:15,232 --> 01:10:18,532
that's the hardest part is directing really with AI and being processed to it.

1128
01:10:18,812 --> 01:10:22,112
And then there's going to be one guy in his living room acting out all the parts and the

1129
01:10:22,112 --> 01:10:24,112
AI will get so good at augmenting this stuff.

1130
01:10:24,372 --> 01:10:26,392
And then you're going to see a lot of stuff like this.

1131
01:10:27,172 --> 01:10:33,212
You know, there's Francis Ford Coppola and there's the famous movie Apocalypse Now.

1132
01:10:33,292 --> 01:10:34,432
And he went through hell.

1133
01:10:34,932 --> 01:10:37,492
And again, I fucking love these stories.

1134
01:10:37,492 --> 01:10:40,252
I like it when someone just tells the world, you're wrong.

1135
01:10:40,412 --> 01:10:43,272
And everyone just tries to fucking bash him and then he wins.

1136
01:10:43,852 --> 01:10:47,432
But the thing is like, and that being said, collaboration is really good.

1137
01:10:47,472 --> 01:10:49,932
And it's not like I'm trying to say like, that's always better,

1138
01:10:50,052 --> 01:10:53,892
but sometimes you can just eliminate the people you don't really need there.

1139
01:10:53,932 --> 01:10:57,452
And they're just trying to bring the vision down and they don't believe in it.

1140
01:10:57,712 --> 01:11:01,112
And you just eliminate overhead and we're going to get better,

1141
01:11:01,252 --> 01:11:02,712
better everything for that, you know?

1142
01:11:03,292 --> 01:11:05,512
Yeah. I love to hear it.

1143
01:11:05,512 --> 01:11:10,152
I love to see you making this art because I'm putting these short films and

1144
01:11:10,152 --> 01:11:14,472
feature films out. I'm very much looking forward to what you release next month.

1145
01:11:14,472 --> 01:11:16,752
What are they called? What are they about?

1146
01:11:16,872 --> 01:11:17,872
What are they called? What are they about?

1147
01:11:19,112 --> 01:11:21,152
I'm talking about you. I said, I love that you're making them.

1148
01:11:21,152 --> 01:11:21,672
Oh, sorry.

1149
01:11:23,112 --> 01:11:37,152
Because like I said we need to elevate the aesthetics and the attention to detail when it comes to storytelling within Bitcoin I think your first Bitcoin miner a short film is what I call it or expose

1150
01:11:37,812 --> 01:11:39,092
I don't know what you're calling it,

1151
01:11:39,112 --> 01:11:40,872
but that's what I view it as.

1152
01:11:41,212 --> 01:11:44,952
It was beautifully done, engaging, and highly educational.

1153
01:11:45,352 --> 01:11:46,712
So thank you for doing it, brother.

1154
01:11:47,172 --> 01:11:48,272
No, thank you for watching, man.

1155
01:11:48,352 --> 01:11:50,192
And I just couldn't be more happy, you know,

1156
01:11:50,192 --> 01:11:52,252
because I will tell, like, there was some time,

1157
01:11:52,312 --> 01:11:52,952
because here's the thing.

1158
01:11:53,292 --> 01:11:54,572
I knew this was good.

1159
01:11:54,612 --> 01:11:55,712
I knew I had lighting in a bottle.

1160
01:11:55,712 --> 01:12:00,612
and i if there's something in my control there's not an ounce of doubt i will fucking find a way

1161
01:12:00,612 --> 01:12:05,852
and i'll find it it never happens that i know i can make out there's nothing that'll get in my way

1162
01:12:05,852 --> 01:12:10,472
to get the vision that i have it never did of course i kick and cry along the way but then

1163
01:12:10,472 --> 01:12:14,532
scream but but i get her eventually no but the thing that you can't control is how people react

1164
01:12:14,532 --> 01:12:19,352
to it and i was there was this moment i was like oh man i mean what if people don't like it and

1165
01:12:19,352 --> 01:12:24,592
also i this just like even if if if they would have shot me in the head i still could not change

1166
01:12:24,592 --> 01:12:29,572
a single pixel of it right so what it was it was never like an option to be like oh well if you want

1167
01:12:29,572 --> 01:12:34,612
people to like it changes like that's not an option i make the art that's all i make the art

1168
01:12:34,612 --> 01:12:39,332
you consume it the end of story there's no changing or anything like that my vision is pure and goes

1169
01:12:39,332 --> 01:12:47,152
out in the world you know yeah how uh was the reaction what you expected or i mean i feel it

1170
01:12:47,152 --> 01:12:51,892
deserves a million fucking views i'm not gonna look 220k is respectable and thank you to everyone

1171
01:12:51,892 --> 01:12:55,532
retweet it i really appreciate it and there are so many people that i know from from a long time

1172
01:12:55,532 --> 01:13:00,132
and they really kind of championed this a lot and and i i without a doubt if they would have not done

1173
01:13:00,132 --> 01:13:05,772
this you wouldn't have got all the you know um the push and whatever so i'm very happy and very

1174
01:13:05,772 --> 01:13:10,832
thankful for that you know um but i feel it deserves some i mean it's the most important

1175
01:13:10,832 --> 01:13:15,892
and the most discussed moment in bitcoin history you know but you know fairness and all jokes and

1176
01:13:15,892 --> 01:13:21,372
all arrogance aside like the thing is like if you would give me this video or this article

1177
01:13:21,372 --> 01:13:25,992
a year ago, I'm going to be honest, it would have took me more than probably two weeks to

1178
01:13:25,992 --> 01:13:29,712
really understand what the fuck is going on here. And I think I have the best context.

1179
01:13:30,272 --> 01:13:34,192
So as this is going to become more mature and whatever, I think people are going to look

1180
01:13:34,192 --> 01:13:37,752
at it. People are going to find things. I hope they find things that are wrong. I hope they build on it.

1181
01:13:37,752 --> 01:13:41,992
And I think I'm pretty confident we'll get to a million views

1182
01:13:41,992 --> 01:13:45,952
at some point. Yeah, it's evergreen content. It'll get out there.

1183
01:13:47,232 --> 01:13:49,852
This will be something that professors reference

1184
01:13:49,852 --> 01:13:53,592
in the future when they're saying you want to understand the early days of Bitcoin,

1185
01:13:53,692 --> 01:13:58,552
go check out Alex Waltz's first Bitcoin miner, Expose.

1186
01:13:59,312 --> 01:14:02,932
I mean, of course, you can see how vain I am as a human being.

1187
01:14:03,032 --> 01:14:04,612
Of course, I wanted to have my name there.

1188
01:14:05,072 --> 01:14:09,292
But in all fairness, I think the thing I'm super happy is that

1189
01:14:09,292 --> 01:14:11,732
I just got to contribute to this thing, man.

1190
01:14:12,152 --> 01:14:13,112
I got to contribute.

1191
01:14:13,872 --> 01:14:17,732
This thing, it's like 30 years now of my existence.

1192
01:14:17,732 --> 01:14:19,092
It was important, this thing.

1193
01:14:19,092 --> 01:14:21,012
and I've only got benefits from it really.

1194
01:14:21,512 --> 01:14:23,392
And I actually made a contribution right now,

1195
01:14:23,532 --> 01:14:24,352
a perfect contribution.

1196
01:14:24,692 --> 01:14:27,072
And again, now I'm switching arrogance back on.

1197
01:14:27,552 --> 01:14:29,412
You know, all the clients

1198
01:14:29,412 --> 01:14:30,892
and all these things that you have here,

1199
01:14:30,952 --> 01:14:31,952
they're going to become obsolete.

1200
01:14:32,792 --> 01:14:34,532
The story will never become obsolete, you know?

1201
01:14:34,652 --> 01:14:36,692
So a hundred years from now or whatever,

1202
01:14:36,832 --> 01:14:38,312
even if it doesn't matter

1203
01:14:38,312 --> 01:14:39,532
if they don't see what's going on.

1204
01:14:39,632 --> 01:14:42,292
But in this darkness

1205
01:14:42,292 --> 01:14:43,992
of what the Bitcoin moment was,

1206
01:14:44,652 --> 01:14:47,112
I had just a tiny bit of a spotlight, you know?

1207
01:14:47,112 --> 01:14:52,372
and that that's everything you know yeah no if anything it shifted uh conversation towards a

1208
01:14:52,372 --> 01:14:59,832
more productive uh more productive uh topic i would argue um because that's the discourse has

1209
01:14:59,832 --> 01:15:05,112
been pretty piss poor last year yeah well you know i also feel like the problem with the bitcoin

1210
01:15:05,112 --> 01:15:10,712
stuff you were saying like do you see coinbase man they have the best marketing on the planet

1211
01:15:10,712 --> 01:15:16,232
they are up to up with with apple right now you know and i really don't i mean i know i'm asking

1212
01:15:16,232 --> 01:15:19,132
for money, I'm probably going to piss off a lot of people, but like, guys, come on.

1213
01:15:19,152 --> 01:15:22,612
You really think you're going to be better than Coinbase and take over the world and

1214
01:15:22,612 --> 01:15:26,452
bring the Bitcoin domestic when you share fucking memes that are low resolution?

1215
01:15:26,812 --> 01:15:27,912
I mean, step up your game.

1216
01:15:28,172 --> 01:15:30,752
If I can hire me to make a commercial for you, you know what I'm saying?

1217
01:15:32,132 --> 01:15:35,952
If you're listening and I know many of you are working at Bitcoin companies, seriously

1218
01:15:35,952 --> 01:15:36,552
take them up.

1219
01:15:36,552 --> 01:15:41,852
We need to elevate the game when it comes to competing with Coinbase commercials and

1220
01:15:41,852 --> 01:15:42,452
telling the story.

1221
01:15:43,512 --> 01:15:43,652
Yeah.

1222
01:15:43,652 --> 01:15:49,012
I mean, you know, at the end of the day, it's like your responsibility to tell the story, you know, because you're going to spit at people to get it and whatever.

1223
01:15:49,212 --> 01:15:52,392
And I think everyone has a really interesting story.

1224
01:15:52,752 --> 01:15:55,032
The problem is you really need to be able to articulate it, you know.

1225
01:15:55,612 --> 01:15:57,192
And I think I don't want to think about that.

1226
01:15:57,872 --> 01:15:57,972
Yeah.

1227
01:15:58,492 --> 01:16:01,572
Well, we're going to link to it in the show notes.

1228
01:16:01,672 --> 01:16:03,792
If you haven't watched it yet, make sure you watch it, Freaks.

1229
01:16:04,012 --> 01:16:07,552
And then if you're out there and support Alex and his work, reach out.

1230
01:16:08,272 --> 01:16:10,452
Got more great art coming to market.

1231
01:16:10,632 --> 01:16:11,992
But thank you for telling the story.

1232
01:16:11,992 --> 01:16:13,152
It was fascinating.

1233
01:16:13,472 --> 01:16:24,892
And I think it's like you said, it's an incredible contribution that will give people better context of the early, the literal early days of Bitcoin, the first few days of Bitcoin.

1234
01:16:25,232 --> 01:16:31,672
Which, again, I think that that was my favorite part is like the attention to detail to a 96 hour period.

1235
01:16:32,932 --> 01:16:33,512
Thank you.

1236
01:16:33,772 --> 01:16:35,652
Well, again, thank you very much for having me on.

1237
01:16:36,032 --> 01:16:38,872
And AlexWaltz.com won't spit like the dance.

1238
01:16:38,872 --> 01:16:41,552
If you want to find other shit that I did, find me on Twitter,

1239
01:16:41,692 --> 01:16:43,972
raw underscore avocado, tweet at me, send me dick pics.

1240
01:16:44,052 --> 01:16:44,432
I'm kidding.

1241
01:16:44,912 --> 01:16:45,452
Only tits.

1242
01:16:45,592 --> 01:16:46,032
Only tits.

1243
01:16:46,072 --> 01:16:46,612
I don't like tits.

1244
01:16:47,552 --> 01:16:49,952
And I don't know if you, if you, if you,

1245
01:16:50,032 --> 01:16:52,912
if you feel like you want to do something great that could change the world

1246
01:16:52,912 --> 01:16:54,452
and whatever, fucking hit me up.

1247
01:16:54,532 --> 01:16:55,412
Let's, let's fucking do it.

1248
01:16:55,432 --> 01:16:56,732
Let's turn the world fucking upside down.

1249
01:16:57,192 --> 01:16:57,872
Let's do it.

1250
01:16:58,672 --> 01:16:58,912
Peace.

1251
01:16:58,972 --> 01:16:59,412
Love freaks.

1252
01:17:00,692 --> 01:17:02,792
Thank you for listening to this episode of TFTC.

1253
01:17:03,352 --> 01:17:06,852
If you've made it this far, I imagine you got some value out of the episode.

1254
01:17:06,852 --> 01:17:12,192
if so please share it far and wide with your friends and family we're looking to get the word

1255
01:17:12,192 --> 01:17:19,392
out there also wherever you're listening whether that's youtube apple spotify make sure you like

1256
01:17:19,392 --> 01:17:25,232
and subscribe to the show and if you can leave a rating on the podcasting platforms that goes a long

1257
01:17:25,232 --> 01:17:31,352
way last but not least if you want to get these episodes a day early and ad free make sure you

1258
01:17:31,352 --> 01:17:38,012
download the fountain podcasting app and go to fountain.fm to find that $5 a month,

1259
01:17:38,092 --> 01:17:43,952
get you every episode a day early ad free helps the show gives you incredible value.

1260
01:17:44,492 --> 01:17:51,052
So please consider subscribing via fountain as well. Thank you for your time. And until next time.

1261
01:18:01,352 --> 01:18:31,332
Thank you.
