1 00:00:00,000 --> 00:00:09,840 Hello, everybody. My name is Daniel Prince, and I'm the host of the Once Bitten podcast. 2 00:00:10,400 --> 00:00:17,560 This is a podcast focused on Bitcoin. It's my mission to interview as many people as I can 3 00:00:17,560 --> 00:00:24,540 around the different aspects of Bitcoin and help people understand exactly what Bitcoin could mean 4 00:00:24,540 --> 00:00:29,560 for them and for their families and for their future. I hope you enjoy the show. Thank you so 5 00:00:29,560 --> 00:00:36,660 much for listening. Hello everybody and welcome to this episode of the Once Bitten podcast. 6 00:00:36,900 --> 00:00:44,840 Joining me today all the way from Japan and are you clued in about BTC Japan because she is one 7 00:00:44,840 --> 00:00:50,920 of the key organizers. Her name is Teruko who's joining me today. She is working with Folga 8 00:00:50,920 --> 00:00:59,540 Ventures out of Asia and is also now working alongside ANAP which is a Japanese clothing 9 00:00:59,540 --> 00:01:06,680 brand that is trying to reinvent itself through lifestyle branding and bitcoin education and 10 00:01:06,680 --> 00:01:13,800 stacking bitcoin onto their balance sheet so this isn't a bitcoin treasury company play in air quotes 11 00:01:13,800 --> 00:01:19,420 you know this is a a lifestyle japanese clothing brand that's been around since the early 90s which 12 00:01:19,420 --> 00:01:26,040 is trying to revive itself which is a much more wholesome way to think about a bitcoin treasury 13 00:01:26,040 --> 00:01:31,900 company, a company that is trying to protect its future, protect its employees, its employees' 14 00:01:32,040 --> 00:01:37,420 families by taking profit off the table each month and stacking Bitcoin with it onto the 15 00:01:37,420 --> 00:01:42,380 company balance sheet to be able to use in a few years' time, five, ten years' time to keep the 16 00:01:42,380 --> 00:01:49,120 business alive and keep pushing forward. So we get into all of that kind of stuff. And one thing 17 00:01:49,120 --> 00:01:56,560 you should know before we start, Teruko is an absolute Bitcoin maxi and translated the Bitcoin 18 00:01:56,560 --> 00:02:03,840 standard into Japanese. We go into that story and how harrowing that was and I just really appreciate 19 00:02:03,840 --> 00:02:09,360 Teruko for everything that she's been doing for Bitcoin over there in Asia and it's been great to 20 00:02:09,360 --> 00:02:15,320 get to know her over the last few months because obviously I had no idea that she existed and all 21 00:02:15,320 --> 00:02:19,360 of the hard work that she's been doing over there and this is what i love about doing this show 22 00:02:19,360 --> 00:02:24,080 is that you just get exposed to what's going on in different parts of the world so thank you 23 00:02:24,080 --> 00:02:29,740 taruko for everything you're doing if you want to get to btc japan since we recorded this you 24 00:02:29,740 --> 00:02:35,620 might have heard on the previous shows taruko has extended a 10 discount to anybody that listens to 25 00:02:35,620 --> 00:02:42,960 the show and wants to use the code bitten to get themselves a ticket b-i-t-t-e-n go to checkout 26 00:02:42,960 --> 00:02:49,200 purchase your ticket use the code BITTON and get yourself 10% off get over to Japan if you can 27 00:02:49,200 --> 00:02:55,540 also coming up towards the end of this month is BitFest in Manchester I say this all the time 28 00:02:55,540 --> 00:03:01,420 if you do not get to a Bitcoin conference you're certainly missing out at least get to your local 29 00:03:01,420 --> 00:03:07,360 meetup if you can't do that get out and meet your local Bitcoiners you can do that very easily by 30 00:03:07,360 --> 00:03:12,940 downloading Orange Pill app and finding out who is close to you in and around your area so hit 31 00:03:12,940 --> 00:03:15,720 Hit the link in the show notes to Orange Pill App and get signed up. 32 00:03:16,280 --> 00:03:18,700 And if you want to get to BitFest in Manchester in the UK, 33 00:03:19,220 --> 00:03:21,320 use the code BITTON, hit the link in the show notes, 34 00:03:21,580 --> 00:03:25,420 get that code in there and get yourself a 10% discount. 35 00:03:26,760 --> 00:03:30,420 I've got a show coming up soon with Julian Linegar from RELAI. 36 00:03:31,800 --> 00:03:33,640 R-E-L-A-I dot C-H forward slash BITTON. 37 00:03:34,060 --> 00:03:36,460 Because like I said in the last episode, 38 00:03:36,620 --> 00:03:38,200 they have now got their Mika license. 39 00:03:38,200 --> 00:03:43,960 This has been a long, hard, arduous road for them to get through this red tape. 40 00:03:44,540 --> 00:03:45,720 They're based out in Switzerland. 41 00:03:45,940 --> 00:03:51,120 They now have it, as far as I'm concerned, as far as my knowledge, excuse me, 42 00:03:51,480 --> 00:03:55,240 one of the first Bitcoin companies to get that done, 43 00:03:55,360 --> 00:03:58,640 probably the first Bitcoin-only company to get that done, 44 00:03:58,780 --> 00:04:04,460 so they can start servicing and practicing and really pushing the message across Europe. 45 00:04:04,460 --> 00:04:07,940 So if you're not stacking with Relay, it's a great resource. 46 00:04:07,940 --> 00:04:10,580 r-e-l-a-i dot c-h 47 00:04:10,580 --> 00:04:11,600 forward slash bittern 48 00:04:11,600 --> 00:04:13,040 you can download the app today 49 00:04:13,040 --> 00:04:14,180 stack up to a thousand 50 00:04:14,180 --> 00:04:15,680 swiss or equivalent 51 00:04:15,680 --> 00:04:16,940 per day 52 00:04:16,940 --> 00:04:19,200 you know that's a lot 53 00:04:19,200 --> 00:04:20,500 so don't get over your skis 54 00:04:20,500 --> 00:04:22,400 but do whatever you can afford 55 00:04:22,400 --> 00:04:23,780 set up that dollar cost average 56 00:04:23,780 --> 00:04:25,240 set up your private keys 57 00:04:25,240 --> 00:04:25,860 within the wallet 58 00:04:25,860 --> 00:04:27,000 so you will have it 59 00:04:27,000 --> 00:04:28,200 in your control 60 00:04:28,200 --> 00:04:29,900 and do get yourself 61 00:04:29,900 --> 00:04:32,480 a cold storage device 62 00:04:32,480 --> 00:04:33,360 a hardware wallet 63 00:04:33,360 --> 00:04:34,240 or a signing device 64 00:04:34,240 --> 00:04:35,180 whatever you want to call it 65 00:04:35,180 --> 00:04:36,100 doesn't matter the language 66 00:04:36,100 --> 00:04:37,840 you need to take control 67 00:04:37,840 --> 00:04:45,020 of your Bitcoin and you will only do that if you are in control of the keys and you can do that 68 00:04:45,020 --> 00:04:50,420 with the Bitbox. Bitbox.swiss forward slash Bitten, another Swiss company. They work closely 69 00:04:50,420 --> 00:04:56,460 with Relay actually. They're very much aligned with the mission of stacking sats and getting 70 00:04:56,460 --> 00:05:03,120 into cold storage. So Bitbox.swiss forward slash Bitten. Use the code Bitten and you'll get 5% 71 00:05:03,120 --> 00:05:08,260 discount you can hit the link in the show notes it's all very easy for you guys to do that and to 72 00:05:08,260 --> 00:05:13,640 get stacking uh and if you're listening from across the pond in the u.s swan bitcoin offer you a very 73 00:05:13,640 --> 00:05:20,900 similar service so swan bitcoin.com forward slash bitten uh flash pay with flash.com excuse me 74 00:05:20,900 --> 00:05:25,380 pay with flash.com i was chatting with pierre today on text we've got to get him on the show 75 00:05:25,380 --> 00:05:31,060 to get you up to speed with what they're up to they have the uh the plug and play method for you 76 00:05:31,060 --> 00:05:35,180 to start accepting Bitcoin for your goods and services. 77 00:05:35,700 --> 00:05:37,660 If you want to start spending Bitcoin, 78 00:05:37,800 --> 00:05:41,840 get over to plebeian.market and get over to Fountain app 79 00:05:41,840 --> 00:05:44,300 and start streaming and boosting Bitcoin 80 00:05:44,300 --> 00:05:48,700 to your favorite podcasts that are Bitcoin enabled on Fountain. 81 00:05:49,300 --> 00:05:54,300 Other than that, I hope you enjoy this interview with Teruko. 82 00:05:55,160 --> 00:05:57,080 All right, Teruko, we have you. 83 00:05:57,160 --> 00:05:57,780 We can hear you. 84 00:05:57,880 --> 00:05:58,520 We can see you. 85 00:05:58,580 --> 00:05:59,000 How are you doing? 86 00:05:59,600 --> 00:06:00,040 Good. 87 00:06:00,120 --> 00:06:00,500 I'm good. 88 00:06:00,580 --> 00:06:00,880 I'm good. 89 00:06:00,880 --> 00:06:06,840 thank you how are you very well very well and uh yeah thank you for coming on the show and uh thank 90 00:06:06,840 --> 00:06:13,680 you for inviting me of course it's it's interesting always to meet new people and uh the way we've got 91 00:06:13,680 --> 00:06:19,180 to meet and uh get to know each other has its own little story so that's that's always fun to dig 92 00:06:19,180 --> 00:06:27,100 into unfortunately lauren isn't here to ask the first question as you can see but well maybe she'll 93 00:06:27,100 --> 00:06:34,320 get to meet you one day in person and ask you but uh the question would have been why did you decide 94 00:06:34,320 --> 00:06:37,360 to translate the bitcoin standard 95 00:06:37,360 --> 00:06:50,020 that's a yeah that's a story too so um i got in bitcoin at the end of 2017 at the height of the 96 00:06:50,020 --> 00:06:57,200 bubble and then I bought bitcoin before you know doing any research and then I got burned like two 97 00:06:57,200 --> 00:07:06,580 days after I bought first bitcoin the market crashed and you know but I was too late to sell 98 00:07:06,580 --> 00:07:13,300 so I you know I just watched the market crash while you know I'm just holding on to this bitcoin 99 00:07:13,300 --> 00:07:19,840 thing and then I thought myself like damn it this happens you know when you don't do research and 100 00:07:19,840 --> 00:07:27,060 just to buy something you don't know about it. So I decided I have to learn about Bitcoin so that 101 00:07:27,060 --> 00:07:34,620 I wouldn't, you know, be fooled by this kind of scam in the future. And then at that time, 102 00:07:34,620 --> 00:07:42,660 I had much more free time. So I just started reading anything about Bitcoin I can find online. 103 00:07:42,660 --> 00:07:53,820 I started watching YouTube, starting listening to podcasts, but many of them, because it was back in 2017, the, you know, ICO bubble. 104 00:07:54,260 --> 00:08:03,560 So I couldn't really find any good resources until I came across the bullish case for Bitcoin by Vijay. 105 00:08:03,560 --> 00:08:12,260 So that blog post was the first time it made me realize, OK, maybe Bitcoin is not a scam. 106 00:08:12,660 --> 00:08:16,940 it might actually be something, you know, innovative, something good. 107 00:08:17,420 --> 00:08:21,040 So I started, you know, digging in more and more. 108 00:08:21,040 --> 00:08:29,360 And then two, three months later, I found this book called Bitcoin Standard in Amazon, I think. 109 00:08:30,000 --> 00:08:35,040 And then by then, I started to go into like Bitcoin Meetup in Tokyo. 110 00:08:35,460 --> 00:08:37,500 And some people recommended that book. 111 00:08:37,600 --> 00:08:40,460 So I was like, this book is really, really big. 112 00:08:40,600 --> 00:08:42,160 I don't know if I can finish it. 113 00:08:42,160 --> 00:08:49,560 But I started reading and then, you know, before you know it, you like you just go into the rabbit hole like before you know it. 114 00:08:49,560 --> 00:09:01,060 Right. So but first time I read, I kind of knew, OK, so it's something great, but I don't really get it like completely. 115 00:09:01,460 --> 00:09:09,020 So I read three times and then, oh, OK, so this is actually, you know, like revolution. 116 00:09:09,020 --> 00:09:12,680 This is like nothing else. 117 00:09:13,460 --> 00:09:23,080 So that was like April, May 2018, I think. 118 00:09:24,500 --> 00:09:36,040 And, you know, I didn't actually think about like translating it right away because I was still like half-baked Bitcoin. 119 00:09:36,040 --> 00:09:38,560 I was more like a blockchain. 120 00:09:39,020 --> 00:09:45,660 back then so i'm like okay so bitcoin's let's it so what else you know what other tokens i can buy 121 00:09:45,660 --> 00:09:54,380 probably so that still you know that what's still going on but after i started hanging out with like 122 00:09:54,380 --> 00:10:03,480 you know og in tokyo um and then because the market went down so the meetup essentially became just a 123 00:10:03,480 --> 00:10:10,140 bunch of Bitcoiners, all those Bitcoiners and then also tourists left. So I was like, you know, 124 00:10:10,360 --> 00:10:16,440 learning from those people who were in the Bitcoin more than like, you know, a cycle already. 125 00:10:17,580 --> 00:10:27,260 And then one of them was Wids. Wids is now the CEO of Mental.Space. And then he back then had a 126 00:10:27,260 --> 00:10:35,820 meetup which is probably a bit like uh bit devs now so he had a conference style meetups like two 127 00:10:35,820 --> 00:10:44,620 three people present and you know after that we just network so one day um he was looking for 128 00:10:44,620 --> 00:10:51,500 speakers and then i kind of volunteered to speak and then because i'm not dev i can't talk about 129 00:10:51,500 --> 00:10:58,000 technology right but um i wanted to share this really great book and then that was our bitcoin 130 00:10:58,000 --> 00:11:04,480 standard so i did like a crash course of bitcoin standard like 90 minutes like non-stop i just 131 00:11:04,480 --> 00:11:11,420 talked talked about that book and then after i finished uh reads came up to me and then 132 00:11:11,420 --> 00:11:19,980 asked me if i want to translate bitcoin standard because turned out he was all um he you know 133 00:11:19,980 --> 00:11:27,360 So right after he read the book, he thought this might actually change Japanese or Japan. 134 00:11:27,360 --> 00:11:35,160 So he was already talking to publishers, like editors, but because it's a Bitcoin, no one 135 00:11:35,160 --> 00:11:36,820 really took it seriously. 136 00:11:36,820 --> 00:11:52,185 So he couldn get the contract yet But he was you know because the translation takes time so he decided to go ahead with translation before we actually find our publishers that was like 137 00:11:52,185 --> 00:12:00,265 already like 2019 2020 i think 2019 yeah so um i started translating and then 138 00:12:00,265 --> 00:12:04,105 we finally found the publisher who's willing to take the risk 139 00:12:04,105 --> 00:12:15,345 yeah so it wasn't actually my idea it was wizz idea and then i kind of i was lucky enough to you 140 00:12:15,345 --> 00:12:24,865 know work with him wow all right well done wizz uh so yeah did there's still a lot to answer here 141 00:12:24,865 --> 00:12:33,725 because it's this is not an easy task you know people people think if you're bilingual then yeah 142 00:12:33,725 --> 00:12:40,685 go ahead why wouldn't you translate it but there's so much nuance and so much work that needs to go in 143 00:12:40,685 --> 00:12:46,545 behind the scenes because it's not like you you don't literally translate each word word for word 144 00:12:46,545 --> 00:12:52,525 like it's you've got to put all the tenses in the right place i mean translating from english to 145 00:12:52,525 --> 00:12:58,525 french or back to it's all back to front you know uh the french think we speak back to front and we 146 00:12:58,525 --> 00:13:04,585 think this uh you know verbs be go after adjectives and it's just a nightmare uh so 147 00:13:04,585 --> 00:13:08,325 had you ever done anything like this before or you're just like yeah whatever 148 00:13:08,325 --> 00:13:18,345 no i knew nothing about translation but because i loved that book so much that i wouldn't like i 149 00:13:18,345 --> 00:13:26,445 couldn't let anyone else to mess up so if you know this is gonna be in japanese i have to do it 150 00:13:26,445 --> 00:13:32,685 because you know I can't think of anyone else who would be this passionate about this book 151 00:13:32,685 --> 00:13:39,365 so even though I had no experience I'm like I'm just gonna do it so it took me up so that was 152 00:13:39,365 --> 00:13:45,285 almost like during the pandemic so luckily I didn't have to commute so I had more time 153 00:13:45,285 --> 00:13:52,245 than usual so I spent almost like four or five hours every day for six months straight 154 00:13:52,245 --> 00:14:03,845 yeah and then the most difficult part was because um australian australian economics it's not that 155 00:14:03,845 --> 00:14:09,945 you know major it's not that popular right i went to my school like university the library and then 156 00:14:09,945 --> 00:14:16,985 i looked at you know australian economics book to just you know reconform my translation is the 157 00:14:16,985 --> 00:14:24,505 right word like the terms economics terms but I couldn't find many so some of the word I have to 158 00:14:24,505 --> 00:14:33,985 like invent and it had to like sound like a legit economic word so that was tough and then also all 159 00:14:33,985 --> 00:14:43,225 the um like footnote he listed so many books right and then I had to force investigate if that book 160 00:14:43,225 --> 00:14:51,245 has Japanese translation and if they have I have to go to the biggest library in Japan and actually 161 00:14:51,245 --> 00:15:03,125 locate that book and then find out what page that description was on yeah no way yeah that must have 162 00:15:03,125 --> 00:15:14,025 taken so long yeah yeah i i don't yeah i was like you were you were physically traveling to 163 00:15:14,025 --> 00:15:20,025 to the library to to do this and you would go with a list of stuff like the librarians must 164 00:15:20,025 --> 00:15:28,725 have been who's this crazy woman no we don't have these books yeah it wasn't like human actions is 165 00:15:28,725 --> 00:15:36,005 like this big right i can't check out like i have to be there and look through yeah i might be the 166 00:15:36,005 --> 00:15:42,465 first person asked for the book did they have human action in japanese and then volume over 167 00:15:42,465 --> 00:15:52,545 i got so scared my god this big but it's in japanese it yeah yeah it is wow yeah my goodness 168 00:15:52,545 --> 00:15:59,505 right okay so now yeah so it's not you know to your point it's not just a case of you know 169 00:15:59,505 --> 00:16:03,885 referencing the book oh if you want to learn more just go no you've got to reference a book 170 00:16:03,885 --> 00:16:08,885 then find the quote then find the citation and then find the page number 171 00:16:08,885 --> 00:16:17,265 yeah that alone that alone took quite some time but uh because um 172 00:16:17,265 --> 00:16:22,745 the publisher wanted to publish the book as an English text, 173 00:16:22,945 --> 00:16:24,425 English, no, economic text. 174 00:16:24,665 --> 00:16:27,045 So it has to be like, you know, proper. 175 00:16:28,005 --> 00:16:31,085 So, yeah, it was tough. 176 00:16:31,765 --> 00:16:35,205 So the publisher was more from, would you say, 177 00:16:35,365 --> 00:16:37,605 like technical area or economics? 178 00:16:38,145 --> 00:16:42,645 Yeah, they actually published like some school textbook. 179 00:16:43,385 --> 00:16:44,765 School textbooks, okay. 180 00:16:44,765 --> 00:16:45,405 Yeah, yeah. 181 00:16:46,125 --> 00:16:46,725 Wow. 182 00:16:47,265 --> 00:16:51,085 Is the Bitcoin standard going to make it into schools? 183 00:16:52,085 --> 00:16:52,665 No, no, no. 184 00:16:52,865 --> 00:16:57,545 I mean, so after, yeah, after the book was done, 185 00:16:58,385 --> 00:17:03,845 me and the Waze, you know, kind of did this little project that we, 186 00:17:04,065 --> 00:17:08,585 because as our translator, we get a discount on the books, right? 187 00:17:08,665 --> 00:17:09,645 So like 20 discounts. 188 00:17:09,645 --> 00:17:15,705 So we bought like 100 books and then tried to give to the university library. 189 00:17:15,705 --> 00:17:24,365 and then I don't know how many but we probably uh gifted more than 58 copies so like yeah 190 00:17:24,365 --> 00:17:31,745 and what did um I was just about to look up I because it's a different picture what's the 191 00:17:31,745 --> 00:17:35,765 front cover it's not the same one did you choose something different it's different 192 00:17:35,765 --> 00:17:43,725 we didn't sign the uh the publisher had that in-house designer so yeah they did it so they 193 00:17:43,725 --> 00:17:49,325 did that uh okay uh i'm one i'd love to know what it is now i'm just doing a quick google 194 00:17:49,325 --> 00:17:58,725 and how better what how close did you work with with safe uh for all of this like were you in 195 00:17:58,725 --> 00:18:05,625 constant contact or was he just like go do the thing yes sometimes but mainly because it's you 196 00:18:05,625 --> 00:18:11,985 know english to japanese translation i usually when i have a problem i just ask to wait 197 00:18:11,985 --> 00:18:19,725 yeah so but one part i have to ask safety because i didn't 198 00:18:19,725 --> 00:18:27,605 so when i decided to do this translation i decided that you know i have to kind of convey 199 00:18:27,605 --> 00:18:36,505 the tone for like his character in this book right so it's not my word it has to be his word 200 00:18:36,505 --> 00:18:45,765 so and then original bitcoin standard you know it's a bit like aggressive like very like you know 201 00:18:45,765 --> 00:18:52,605 for japanese it's probably too aggressive so i try to soften it a bit but i still wanted to 202 00:18:52,605 --> 00:18:58,785 you know convey what kind of tone and what kind of emotion he has in this part blah blah blah 203 00:18:58,785 --> 00:19:07,145 but one sentence or like one note i had to ask safety to you know close out like i don't want 204 00:19:07,145 --> 00:19:14,285 to put this in my like you know japanese book what's uh you know like change and being homosexual 205 00:19:14,285 --> 00:19:19,545 yes i knew you were gonna say that i know i know the exact sentence and we all love it 206 00:19:19,545 --> 00:19:30,665 okay maybe i mean the fact but it's irrelevant and then this probably will you know 207 00:19:30,665 --> 00:19:34,625 push away some japanese audience i didn't want to risk 208 00:19:34,625 --> 00:19:41,785 see everything said okay yeah you can you can you know remove it but i don't know the consequence 209 00:19:41,785 --> 00:19:48,505 of that you know japan might have like you know delayed the bitcoin adoption like by 100 years 210 00:19:48,505 --> 00:19:51,705 because of you removing this one sentence. 211 00:19:56,025 --> 00:20:00,705 The opportunity cost of taking out a sentence, obviously, yes. 212 00:20:02,665 --> 00:20:08,505 Yeah, but, you know, even though it will be published 213 00:20:08,505 --> 00:20:14,025 as an economic textbook, my personal goal was 214 00:20:14,025 --> 00:20:17,725 if someone picks up this book and buys this book, 215 00:20:17,725 --> 00:20:24,605 I want everybody to finish it you know I don't want anyone to give up because it's too long 216 00:20:24,605 --> 00:20:33,625 because it's too difficult so I really tried to make it simple like easy to read yeah 217 00:20:33,625 --> 00:20:44,185 wow well congratulations congratulations because it's it's no easy feat and I can't imagine the 218 00:20:44,185 --> 00:20:50,825 Did you have any idea of the sales numbers that a publisher let you know what they've sold? 219 00:20:50,825 --> 00:20:52,705 This is also another story. 220 00:20:53,525 --> 00:20:59,785 So I actually live in Thailand, and then they have a Thai version of Bitcoin Standard. 221 00:21:00,585 --> 00:21:08,085 Superior Thai OG has translated around the same time as me. 222 00:21:08,085 --> 00:21:19,645 and he sold 70, yeah, 70K, 70, yeah, 70K copies by now. 223 00:21:21,365 --> 00:21:27,065 And then so far I sold, so until a few months ago, 224 00:21:27,185 --> 00:21:30,365 I sold the total number was like 4,000. 225 00:21:30,785 --> 00:21:34,505 So like, you know, fraction of hits. 226 00:21:34,505 --> 00:21:38,905 but I don't know if you saw the tweet 227 00:21:38,905 --> 00:21:42,285 so Metaplanet kind of 228 00:21:42,285 --> 00:21:46,905 you know customized the cover and then made their 229 00:21:46,905 --> 00:21:50,845 own version of Bitcoin standard. It's still the same book but they just 230 00:21:50,845 --> 00:21:54,505 printed their version of the cover and then 231 00:21:54,505 --> 00:21:58,485 the original proposal was 232 00:21:58,485 --> 00:22:02,885 they wanted to make their own version like special version 233 00:22:02,885 --> 00:22:09,325 of a bitcoin standard so that they can you know give to the shareholders at the shareholders 234 00:22:09,325 --> 00:22:16,225 meeting so they ordered 2 000 so even you know after like four years the sales was like 4 000 235 00:22:16,225 --> 00:22:26,545 and then suddenly it's like six things to meta planet wow okay yeah damn that's that's crazy to 236 00:22:26,545 --> 00:22:34,305 think that you know you can do the same work in in one language and it sells 70 000 in thailand 237 00:22:34,305 --> 00:22:41,765 and so much i mean obviously there's a lot at play when thinking about the marketing and the 238 00:22:41,765 --> 00:22:47,705 the way that the publisher works and pushes out the book and how much budget they have to do all 239 00:22:47,705 --> 00:22:53,505 of that but still that's a huge gap and what a shame i mean japanese version it's too expensive 240 00:22:53,505 --> 00:23:00,965 I think I mean for the textbook maybe okay but like you know for like you know someone just want 241 00:23:00,965 --> 00:23:07,565 to you know study by themselves it's probably especially for um like university students 242 00:23:07,565 --> 00:23:16,845 high school students it's it's expensive okay well anyway congratulations excellent that uh 243 00:23:16,845 --> 00:23:37,571 and how long did it take you would you say do you know how long it took you to from start to finish this labor of love So six months six months wow so that yeah bitcoin standard is six months but after that i did other translations and then the last yeah so 244 00:23:37,571 --> 00:23:45,650 how many have you done so bitcoin standard was the first and then second was uh the little 245 00:23:45,650 --> 00:23:53,591 bitcoin book the small one that was okay and then the third one was um the bullish case for bitcoin 246 00:23:53,591 --> 00:24:00,951 the book yeah that was okay because that's like 80 of the translation i already did when i 247 00:24:00,951 --> 00:24:10,391 translated his blog post so that was okay and then um check your financial privilege oh my goodness 248 00:24:10,391 --> 00:24:12,670 Yeah, that was a big book too. 249 00:24:13,111 --> 00:24:20,410 But that was also very difficult to translate 250 00:24:20,410 --> 00:24:26,271 because I couldn't believe that was the reality 251 00:24:26,271 --> 00:24:30,651 because, you know, I used to wanted to work for like UN 252 00:24:30,651 --> 00:24:34,391 or like World Bank to help those, you know, 253 00:24:34,851 --> 00:24:37,711 poor people, you know, pull those out of property, right? 254 00:24:37,711 --> 00:24:45,731 so that organization and people working there I had so much respect and then in the book it was 255 00:24:45,731 --> 00:24:53,551 all like you know scan so I'm like really like I have to double check so as I translate I had to 256 00:24:53,551 --> 00:25:02,311 do like fact check so it took me like almost like almost two years as a part-time because I have a 257 00:25:02,311 --> 00:25:03,451 full-time jobs. 258 00:25:03,731 --> 00:25:05,291 Yes, of course. 259 00:25:06,451 --> 00:25:08,170 Alex's work there is 260 00:25:08,170 --> 00:25:08,951 excellent. 261 00:25:11,451 --> 00:25:12,331 You're so 262 00:25:12,331 --> 00:25:12,771 right. 263 00:25:13,670 --> 00:25:16,211 Especially, I find 264 00:25:16,211 --> 00:25:18,430 the UN, 265 00:25:19,430 --> 00:25:20,871 the IMF, 266 00:25:21,571 --> 00:25:22,751 the World Bank, 267 00:25:24,111 --> 00:25:26,691 the Sirens song 268 00:25:26,691 --> 00:25:28,131 there, it definitely 269 00:25:28,131 --> 00:25:30,191 appeals more, I think, 270 00:25:30,191 --> 00:25:31,551 to the female 271 00:25:31,551 --> 00:25:38,631 uh kind of nature my my daughter caitlin who you've met she yeah she'd always say oh these 272 00:25:38,631 --> 00:25:46,391 places do so much great work it's amazing i'm like you gotta read this and i'm telling you 273 00:25:46,391 --> 00:25:52,111 there's a darker side to all of this and when you realize how they were formed when they were formed 274 00:25:52,111 --> 00:26:00,011 why they were formed who formed them and the way like john perkins work the confessions of an 275 00:26:00,011 --> 00:26:05,930 economic hitman was was my wake-up call john valis put me onto that book and i just couldn't 276 00:26:05,930 --> 00:26:11,930 believe what i was reading and i was already down the rabbit hole you know it's just um yeah it's 277 00:26:11,930 --> 00:26:17,111 it's really bad and the people that work there now they haven't this is the darkest part of it they 278 00:26:17,111 --> 00:26:24,091 have no idea what they're part of they do not know they are destroying people's lives and they're 279 00:26:24,091 --> 00:26:25,371 being used to do it? 280 00:26:26,271 --> 00:26:27,391 Yeah, they have no idea. 281 00:26:27,471 --> 00:26:30,771 Because I actually went to school in D.C. 282 00:26:31,251 --> 00:26:34,471 hoping to, you know, work one of those organizations. 283 00:26:34,891 --> 00:26:38,351 I end up, you know, not getting a job. 284 00:26:38,351 --> 00:26:41,151 But some of my friends still work there. 285 00:26:41,771 --> 00:26:48,131 And then, you know, yeah, like they, I don't know if they still believe they are helping 286 00:26:48,131 --> 00:26:51,511 people, but, you know, I mean, they are good people. 287 00:26:51,511 --> 00:27:00,670 they don't yeah I don't think they are they realize that they are part of the scale 288 00:27:00,670 --> 00:27:07,471 and it's across all all the work that they do you know you have nurses out there that are 289 00:27:07,471 --> 00:27:13,811 like helping with modern and modern birthing practices in in air quotes which uh it's basically 290 00:27:13,811 --> 00:27:21,111 just to push um you know western medicine onto again in air quotes developing nations or third 291 00:27:21,111 --> 00:27:26,731 world nations and they think they're doing good stuff but they're not they're just peddling like 292 00:27:26,731 --> 00:27:33,491 even worse you have people out there doing like circumcision drives in in Africa and you know 293 00:27:33,491 --> 00:27:41,211 under the idea of this is gonna you know help with AIDS and HIV and like oh god and they 294 00:27:41,211 --> 00:27:48,251 honestly think they're doing good work and it's it's completely the opposite stuff like you're 295 00:27:48,251 --> 00:27:50,131 almost doing the devil's work. 296 00:27:50,871 --> 00:27:55,191 And I mean, then obviously with the monetary policies 297 00:27:55,191 --> 00:27:59,011 that come in and the politicians that get bribed 298 00:27:59,011 --> 00:28:00,251 into taking the loans, 299 00:28:00,951 --> 00:28:04,011 and then that loan doesn't even hit them, right? 300 00:28:04,051 --> 00:28:08,591 The loan is sent to the American corporations, 301 00:28:08,951 --> 00:28:11,471 the mining companies that are going to go in 302 00:28:11,471 --> 00:28:13,331 and build the dam or are going to go in 303 00:28:13,331 --> 00:28:14,831 and lay the railway tracks. 304 00:28:14,831 --> 00:28:20,670 you know the money that reaches the country reaches the pockets of the people that need it 305 00:28:20,670 --> 00:28:28,331 i.e the ones that need to be kept in place of power and uh bribed for want of another word 306 00:28:28,331 --> 00:28:35,551 yeah wow so you know translating something obviously gives you a much deeper understanding 307 00:28:35,551 --> 00:28:41,351 because you have to you have to understand it in the the language first of all in your case 308 00:28:41,351 --> 00:28:44,811 you're understanding it in English, but then cross-referencing it in Japanese. 309 00:28:45,211 --> 00:28:48,291 So you're getting epiphanies going off on both sides of your brain. 310 00:28:50,911 --> 00:28:56,631 Yeah, so, yeah, you really have to understand what's this about. 311 00:28:56,871 --> 00:29:00,131 And then you have to, because, like you said, 312 00:29:00,131 --> 00:29:04,831 the sentence structure is different in Japanese than English. 313 00:29:05,311 --> 00:29:10,511 So oftentimes I have to, like, restructure the paragraph, like sentence, 314 00:29:10,511 --> 00:29:16,930 not only sentence but also paragraph because you know like in english you say like conclusion first 315 00:29:16,930 --> 00:29:23,451 but in japanese it's always the last so i have to kind of shuffle around the um structure too 316 00:29:23,451 --> 00:29:31,391 so yeah it's um a lot of work and then i don't want to do ever again but uh you're done now 317 00:29:31,391 --> 00:29:40,291 i already like you know uh yeah said in public but the last book i'm working on no actually last 318 00:29:40,291 --> 00:29:42,311 two books I'm working on. 319 00:29:43,191 --> 00:29:44,231 So because I started 320 00:29:44,231 --> 00:29:46,170 with Safe Things, Bitcoin Standard, 321 00:29:46,351 --> 00:29:48,011 I'm going to finish his 322 00:29:48,011 --> 00:29:49,951 Fiat Standard 323 00:29:49,951 --> 00:29:51,791 and then also Gold Standard. 324 00:29:53,391 --> 00:29:54,311 Yeah. I hope 325 00:29:54,311 --> 00:29:55,611 there will be no more standard. 326 00:29:56,231 --> 00:29:58,051 No more standard, Safe. Please. 327 00:29:59,151 --> 00:30:00,271 Taruko, she needs 328 00:30:00,271 --> 00:30:00,751 a rest. 329 00:30:02,191 --> 00:30:04,191 So what were 330 00:30:04,191 --> 00:30:06,351 you doing before then? 331 00:30:06,351 --> 00:30:07,811 In your Fiat job. 332 00:30:08,051 --> 00:30:10,251 You discovered Bitcoin, but you obviously 333 00:30:10,251 --> 00:30:21,251 got a career on the go in Tokyo, I'm assuming. And now obviously, you're translating books 334 00:30:21,251 --> 00:30:27,711 into Japanese, you're working at Fulga Ventures, looking out for investments. So what was the path? 335 00:30:28,311 --> 00:30:32,591 Obviously, you said you went to DC to try and study international relations, politics, 336 00:30:32,711 --> 00:30:35,511 all this kind of stuff to try and get yourself a job in the UN or World Bank. 337 00:30:36,271 --> 00:30:39,271 That didn't work out. So it's back to Japan. What did you find? 338 00:30:40,251 --> 00:30:41,971 So I worked with Sony. 339 00:30:43,311 --> 00:30:48,851 Yeah, as a marketer, product planner, business planner. 340 00:30:49,731 --> 00:30:49,871 Yeah. 341 00:30:50,471 --> 00:30:52,691 So, yeah, but I didn't like it. 342 00:30:53,731 --> 00:31:00,591 I'm not like, you know, I wasn't like, I know some people love audio, like video, like these gadgets. 343 00:31:00,591 --> 00:31:02,291 But I was never into it. 344 00:31:02,391 --> 00:31:07,251 So I couldn't be like passionate enough to sell this product. 345 00:31:07,491 --> 00:31:08,291 Like I don't care. 346 00:31:10,251 --> 00:31:21,471 And then because I was, so Sony is headquartered in Japan, but they have sales companies, they have subsidiary all over the world, right? 347 00:31:21,471 --> 00:31:33,491 And then because I just came back from the US, I actually asked and I assumed I'll be reassigned, like I would be sent back to the US to take care of US business. 348 00:31:33,670 --> 00:31:37,971 But for some reason, they decided to send me to Europe, like Brussels. 349 00:31:37,971 --> 00:31:43,971 like I mean I don't speak Spanish I mean I don't speak French like office you know they speak French 350 00:31:43,971 --> 00:31:50,811 I don't speak French I have no like knowledge about how this country works or like you know 351 00:31:50,811 --> 00:31:56,631 Germany or like Italy I have no idea why I was assigned there and I was so miserable 352 00:31:56,631 --> 00:32:05,551 yeah because Brussels um I don't know if you know but um that traffic is really bad it was 353 00:32:05,551 --> 00:32:14,231 bad when I was there. So all the Sony employees were packed into this one condominium, apartment 354 00:32:14,231 --> 00:32:21,511 building, right? Because I don't drive, not many, not everybody drives. So we carpool in the morning 355 00:32:21,511 --> 00:32:28,531 to go to the office, which is, if no traffic, it's like 15, 20 minutes. But with traffic, 356 00:32:28,531 --> 00:32:36,671 it can be like two hours so like every morning we had to get up like around five to beat the traffic 357 00:32:36,671 --> 00:32:44,791 one day someone you know slept over and we couldn't get out before like 5 30 or like six 358 00:32:44,791 --> 00:32:51,911 and then to just get out of the garage it took us like 30 minutes oh my gosh 359 00:32:51,911 --> 00:33:04,371 wow yeah so yeah also yeah europe is not one country right like us it's just one country one 360 00:33:04,371 --> 00:33:10,771 language one culture but europe you have to deal with like each country you each country has to 361 00:33:10,771 --> 00:33:15,171 create their own like marketing strategy the marketing campaign marketing strategy 362 00:33:15,171 --> 00:33:21,391 different budget different like you know so i mean i felt like i'm not marketer i'm more like 363 00:33:21,391 --> 00:33:31,031 you know like coordinator like just to approve the budget so i didn't enjoy the job right so 364 00:33:31,031 --> 00:33:38,051 and then back to japan after that yeah yeah yeah back to japan so i left sony probably after like 365 00:33:38,051 --> 00:33:47,751 three years and then i um yeah i was in japan for a while uh by the time i left sony i decided i will 366 00:33:47,751 --> 00:33:56,311 never you know work for anyone like i just want to work on my own so i started like small business 367 00:33:56,311 --> 00:34:06,631 myself like doing i did um many stuff but the one which lasted me longest was airbnb host 368 00:34:06,631 --> 00:34:17,431 so i one time i had six units i think so that was like through time yeah through time airbnb host 369 00:34:17,751 --> 00:34:25,431 my goodness yeah that one i enjoyed i love so much well the fight five more properties than meta planet 370 00:34:25,431 --> 00:34:41,050 well let's let's focus on bitcoin then uh folga ventures how did you end up working with folga 371 00:34:41,050 --> 00:34:45,811 and and for those that aren't aware of who folga are do you want to just give a little bit of 372 00:34:45,811 --> 00:34:47,771 background and history. 373 00:34:47,771 --> 00:34:51,710 Yes. So Fulgar Ventures is venture capital, 374 00:34:51,710 --> 00:34:55,471 but we only invest in Bitcoin project, Bitcoin companies. 375 00:34:55,471 --> 00:35:00,030 It was, I think, founded in 2018. 376 00:35:00,030 --> 00:35:15,776 And so I don know Fulgar means lightning in Latin Yeah So most of our companies are around like lightning technology 377 00:35:15,776 --> 00:35:30,556 But nowadays, we invest in like ARC, we invest in like other infras, we are big on like side chains too, like RGB, the open source protocol, we support that too. 378 00:35:30,556 --> 00:35:50,816 But even though we are venture capital, we also support those open source projects and then also conferences, hackathons, because eventually the success of our portfolio company depends on the success of Bitcoin. 379 00:35:51,416 --> 00:35:54,676 So that's why we are big on education too. 380 00:35:56,156 --> 00:35:57,476 Yeah, for sure. 381 00:35:57,476 --> 00:36:02,876 I just want to accelerate the hyper-victa process for hyper-victiconization. 382 00:36:03,256 --> 00:36:07,136 So hoping to see a glimpse of it before we die. 383 00:36:08,176 --> 00:36:09,436 Yes, exactly. 384 00:36:10,156 --> 00:36:11,676 Because it's like 100 years. 385 00:36:12,456 --> 00:36:14,276 Education is key to that. 386 00:36:14,716 --> 00:36:15,976 Yeah, education is key. 387 00:36:17,456 --> 00:36:22,796 So I actually work for Fuga Ventures Japan, 388 00:36:22,796 --> 00:36:30,376 which was established in 2020 or 2021. 389 00:36:31,396 --> 00:36:37,716 The original hope was that we find Bitcoin company to invest, 390 00:36:38,116 --> 00:36:41,136 but turned out there are no Bitcoin company in Japan. 391 00:36:41,616 --> 00:36:45,916 So all I had to do was educate Japanese people 392 00:36:45,916 --> 00:36:50,476 to get them interested in Bitcoin and the Bitcoin business. 393 00:36:50,476 --> 00:36:59,996 I've been doing this like five years already, but I haven't, I can't say I succeeded. 394 00:37:01,216 --> 00:37:04,016 It's really difficult. 395 00:37:05,016 --> 00:37:06,196 Japan is different. 396 00:37:07,816 --> 00:37:08,096 Right. 397 00:37:08,096 --> 00:37:15,916 So, and that brings us then to ANAP, because this is how we connected, how we met. 398 00:37:15,916 --> 00:37:25,036 when my daughter, Caitlin, was contacted by you through Elena, 399 00:37:25,476 --> 00:37:31,276 who put her name forward as somebody that might be interested in helping you out. 400 00:37:32,316 --> 00:37:39,716 What is ANAP and what's going on over in Japan at the moment? 401 00:37:39,716 --> 00:37:53,136 so um an app is an apparel company was established in 1992 and then their customers are like 402 00:37:53,136 --> 00:38:01,496 teenagers you know girls who's hanging out in harajuku and shibuya very affordable very 403 00:38:01,496 --> 00:38:07,796 fashionable with like an app like you know signature logo so that was really popular 404 00:38:07,796 --> 00:38:10,316 in the 90s. 405 00:38:11,376 --> 00:38:11,596 But 406 00:38:11,596 --> 00:38:14,016 last, like, you know, 407 00:38:14,376 --> 00:38:16,176 10, 15 years, 408 00:38:16,276 --> 00:38:17,156 they've been struggling. 409 00:38:18,536 --> 00:38:19,876 They couldn't, like, 410 00:38:19,876 --> 00:38:21,176 grow with the customer. 411 00:38:21,416 --> 00:38:22,636 They couldn't pivot. 412 00:38:23,596 --> 00:38:25,256 But Anna, you know, 413 00:38:25,316 --> 00:38:27,956 in Japan, Anna's brand recognition 414 00:38:27,956 --> 00:38:29,676 is really still strong. 415 00:38:29,856 --> 00:38:31,516 Like, people can recognize Anna, 416 00:38:31,916 --> 00:38:33,576 the name, but the brand 417 00:38:33,576 --> 00:38:34,576 is, like, dying. 418 00:38:35,216 --> 00:38:37,516 Right. Would a good comparison be, 419 00:38:37,516 --> 00:38:48,456 like Uniqlo is that the kind of um brand like I would say Anab is probably um I don't know if 420 00:38:48,456 --> 00:38:56,176 Topshop is still in the UK or like um in US probably like um American Eagle like Abercrombie 421 00:38:56,176 --> 00:39:04,556 or something okay right so like Uniqlo is more of like the fast fashion just really cheap get it 422 00:39:04,556 --> 00:39:12,616 going as quickly as possible whereas an app is like uh they have main stuff they have kids stuff 423 00:39:12,616 --> 00:39:19,236 they have uh like underwear they have like travel stuff but an app it's just girls like teenager 424 00:39:19,236 --> 00:39:25,856 and then all the clothes i think okay all right cool well yeah that's good reference okay so 425 00:39:25,856 --> 00:39:33,136 yeah so early 90s they get founded they they're jogging along doing good business uh they've got 426 00:39:33,136 --> 00:39:34,716 their core customers 427 00:39:34,716 --> 00:39:36,936 they know who they're aiming at 428 00:39:36,936 --> 00:39:38,536 what happens? 429 00:39:38,876 --> 00:39:39,896 Why does it all fall off? 430 00:39:41,436 --> 00:39:42,616 Yeah, so they've been 431 00:39:42,616 --> 00:39:44,636 struggling to 432 00:39:44,636 --> 00:39:48,516 turn around the business 433 00:39:48,516 --> 00:39:50,716 and I don't actually know how they 434 00:39:50,716 --> 00:39:52,436 found about Bitcoin 435 00:39:52,436 --> 00:39:52,956 and then 436 00:39:52,956 --> 00:39:56,376 how they got interested 437 00:39:56,376 --> 00:39:58,136 but last year 438 00:39:58,136 --> 00:40:00,636 somehow 439 00:40:00,636 --> 00:40:03,856 Somehow, Fluga and then ANAP was connected. 440 00:40:04,936 --> 00:40:16,496 And then Fluga ventures Japan, the CEO, took over that role of CEO of ANAP a few months ago, like this year. 441 00:40:16,736 --> 00:40:19,416 So now he's like serving the two companies. 442 00:40:19,716 --> 00:40:29,516 So I actually don't work for ANAP, but because I work for him, so I indirectly work with them a lot. 443 00:40:29,516 --> 00:40:32,996 now. So basically 444 00:40:32,996 --> 00:40:37,176 they have their 445 00:40:37,176 --> 00:40:40,956 apparel business still, but they are 446 00:40:40,956 --> 00:40:44,936 so before it's just the ANAP, their apparel 447 00:40:44,936 --> 00:40:48,216 company, but this year in April 448 00:40:48,216 --> 00:40:52,456 ANAP was like restructured and now 449 00:40:52,456 --> 00:40:56,076 ANAP Holdings is on top and then three 450 00:40:56,076 --> 00:41:02,816 subsidiaries and then one of this this uh anap it's like original anap they still do like you 451 00:41:02,816 --> 00:41:10,116 know uh for young girls and the second one is anap lightning capital which that's basically 452 00:41:10,116 --> 00:41:16,636 like treasured strategy and they have third business i forgot the name but that one um anap 453 00:41:16,636 --> 00:41:23,416 so yeah anap outdoor apparel company they actually have a like spa like wellness uh business too 454 00:41:23,416 --> 00:41:26,496 They have physical spurs all over Japan. 455 00:41:27,036 --> 00:41:28,396 So those three companies. 456 00:41:28,836 --> 00:41:31,456 And then my boss, the NFC, 457 00:41:31,616 --> 00:41:35,616 was trying to connect all the business into Bitcoin. 458 00:41:36,136 --> 00:41:38,276 So the first one is to, 459 00:41:38,616 --> 00:41:40,396 because it's a fashion brand, 460 00:41:40,916 --> 00:41:44,876 they are creating a new lifestyle brand, 461 00:41:45,176 --> 00:41:47,396 which is inspired by Bitcoin. 462 00:41:47,596 --> 00:41:49,916 So it reflects that Bitcoin ethos. 463 00:41:49,916 --> 00:41:58,256 but you know we're not gonna like they're not gonna make like orange t-shirts or like you know 464 00:41:58,256 --> 00:42:04,396 t-shirts with bitcoin logo it has because they wouldn't wear that they have like proper design 465 00:42:04,396 --> 00:42:11,076 so the creative team will think about you know it's subtle but if you know you know kind of 466 00:42:11,076 --> 00:42:19,696 twist so yeah like probably very like japanese taste like muji or like unique or you know like 467 00:42:19,696 --> 00:42:27,276 functional like simple but stylish but with bitcoin twist interesting low time preference 468 00:42:27,276 --> 00:42:32,296 clothing clothing that's going to last you know you know turns the idea of well if you look at 469 00:42:32,296 --> 00:42:40,276 fiat clothing the idea of fast fashion is so disgusting yeah it's really you know and and for 470 00:42:40,276 --> 00:42:46,716 a clothing brand to start thinking about you know how do we design a lifestyle brand around bitcoin 471 00:42:46,716 --> 00:42:50,836 and with the ethos of Bitcoin. 472 00:42:50,996 --> 00:42:52,776 It's going to be very interesting to watch. 473 00:42:53,156 --> 00:42:55,816 It's such a cool story that, you know, 474 00:42:56,416 --> 00:43:01,876 because the narrative for the last six months has been, 475 00:43:01,876 --> 00:43:04,696 as you know, new Bitcoin treasury company. 476 00:43:04,816 --> 00:43:07,716 And obviously you have the poster child over there in MetaPlanet. 477 00:43:08,456 --> 00:43:12,256 And I have my views on what's going on 478 00:43:12,256 --> 00:43:14,336 with these Bitcoin treasury companies. 479 00:43:14,336 --> 00:43:23,256 many of them are just going to run out of steam and get acquired by you know 480 00:43:23,256 --> 00:43:29,656 mergers hostile takeovers mergers and acquisitions things like that that are going to 481 00:43:29,656 --> 00:43:38,296 see this honeypot of bitcoin built by these companies that are printing stock or printing 482 00:43:38,296 --> 00:43:45,076 shares to take the money to buy the Bitcoin, that flywheel breaks one day and is going to break 483 00:43:45,076 --> 00:43:50,056 very, very badly, especially when you've got no products behind what you're doing. 484 00:43:51,056 --> 00:43:57,076 And in the case of MetaPlanet, apparently a budget hotel group, but they've got one hotel. 485 00:43:58,016 --> 00:44:06,996 So I can't see a viable business there personally. Bitcoin treasury bros are going to come at me, 486 00:44:06,996 --> 00:44:09,336 but like, you know, whatever, do your own research. 487 00:44:09,636 --> 00:44:16,456 Whereas what you're describing is a 25-year-old company, 488 00:44:16,676 --> 00:44:20,916 like a 30-year-old company, you know, 489 00:44:21,016 --> 00:44:24,956 realizing something is changing. 490 00:44:25,416 --> 00:44:29,016 And you've got a Bitcoin guy there now as the CEO, 491 00:44:29,176 --> 00:44:31,536 however that connection happened, that's so cool, 492 00:44:32,236 --> 00:44:35,436 trying to revive it from the ashes. 493 00:44:35,436 --> 00:44:42,496 by incorporating education and branding, 494 00:44:42,916 --> 00:44:43,956 whatever that's going to be. 495 00:44:44,076 --> 00:44:45,876 I love the if you know, you know approach. 496 00:44:47,296 --> 00:44:50,756 Yeah, that's way more, I don't know, wholesome, I guess, 497 00:44:50,916 --> 00:44:53,256 is kind of the way I look at it. 498 00:44:54,196 --> 00:44:58,976 It's really like, you know, low time preference too, 499 00:44:58,976 --> 00:45:03,976 because ANAP itself will not promote Bitcoin directly, right? 500 00:45:03,976 --> 00:45:14,596 So through this new lifestyle brand, you know, hopefully they will get funds like who would buy repeatedly, right? 501 00:45:14,756 --> 00:45:22,136 And then those customers will be probably, you know, start wondering why I keep buying, you know, this brand. 502 00:45:22,276 --> 00:45:23,696 Why do I like this brand? 503 00:45:23,796 --> 00:45:31,596 And then they do a little research, maybe, you know, look up like foods behind and stuff like that. 504 00:45:31,596 --> 00:45:38,776 and then oh anna anna anna and bitcoin bitcoin like i hate bitcoin but you know i like this you 505 00:45:38,776 --> 00:45:44,976 know kind of stuff like i like their clothing like i like their furniture why and then they keep 506 00:45:44,976 --> 00:45:52,116 wondering and then you know hopefully some of them will go down the bitcoin rabbit hole that way so 507 00:45:52,116 --> 00:46:01,716 an app or like fashion the brand can be the new entrance to bitcoin world so even though we're 508 00:46:01,716 --> 00:46:09,476 now gonna say you know bitcoin anywhere like on the like store like on a shopping bag we're not 509 00:46:09,476 --> 00:46:17,656 gonna say anything but we are hoping that they will start like they will be curious and then 510 00:46:17,656 --> 00:46:21,696 they will start like digging in and they'll find out, oh my God, 511 00:46:21,736 --> 00:46:24,696 so this is a Bitcoin company. This is a Bitcoin brand. 512 00:46:25,856 --> 00:46:25,956 Yeah. 513 00:46:26,996 --> 00:46:28,276 Very cool approach. 514 00:46:28,496 --> 00:46:32,236 Will they accept Bitcoin if anybody wants to go and buy clothing? 515 00:46:32,236 --> 00:46:32,476 Yeah. 516 00:46:32,856 --> 00:46:38,616 In Japan, you can accept Bitcoin as a payment method. 517 00:46:38,996 --> 00:46:39,936 So yeah, no problem. 518 00:46:40,896 --> 00:46:41,536 Very cool. 519 00:46:42,076 --> 00:46:46,956 And you were in Asia for the conference there. 520 00:46:46,956 --> 00:46:49,996 and that was the first time I believe you had a booth. 521 00:46:49,996 --> 00:46:52,376 What was the feedback to the people that were coming up 522 00:46:52,421 --> 00:46:54,421 and asking you questions. 523 00:46:55,621 --> 00:47:05,421 So, most people were surprised and curious about why like Japanese fashion brand is here, right? 524 00:47:05,421 --> 00:47:09,421 Because this is a Bitcoin conference and then ANAP is not a Bitcoin company. 525 00:47:09,421 --> 00:47:18,421 So when we tell this story, ANAP is launching this new lifestyle brand, which was, you know, inspired by Bitcoin. 526 00:47:18,421 --> 00:47:21,261 And they kind of, you know, eyes spark like, really? 527 00:47:21,721 --> 00:47:23,341 Like, where can I buy it? 528 00:47:23,441 --> 00:47:24,401 It's not there yet. 529 00:47:24,941 --> 00:47:27,421 So it was a really positive reaction. 530 00:47:28,761 --> 00:47:35,361 Yeah, it was good to see people were interested in those kind of, you know, new projects. 531 00:47:35,361 --> 00:47:41,861 And then also, yeah, I guess because it was Hong Kong. 532 00:47:42,221 --> 00:47:46,261 So Hong Kong people loves anything from Japan. 533 00:47:46,261 --> 00:47:49,761 So like Uniqlo, Muji or like Japanese food everywhere. 534 00:47:50,181 --> 00:47:56,101 So they are interested because it's Bitcoin and because it's Japanese brand. 535 00:47:57,061 --> 00:48:01,681 So I think, yeah, that brand might have a better chance in Asia. 536 00:48:01,961 --> 00:48:05,641 Like Thailand, people like Thai people love anything Japanese. 537 00:48:06,121 --> 00:48:11,601 So maybe our focus, our primary focus should be in Asia. 538 00:48:11,601 --> 00:48:18,181 so did i have stores in other countries or just in in japan at the moment right now and i've only 539 00:48:18,181 --> 00:48:25,081 had stores in japan but this new brand they will um they will have online store and then it's 540 00:48:25,081 --> 00:48:33,461 probably be available anywhere in the world right okay and uh conference time because you're very 541 00:48:33,461 --> 00:48:39,461 much involved with i believe i mean uh correct me if i'm wrong but i believe you're very much 542 00:48:39,461 --> 00:48:43,661 involved in organizing the conference in in japan in tokyo that's coming up in november 543 00:48:43,661 --> 00:48:55,441 yes so it's called bitcoin japan 2025 so last year actually um pulgar co-hosted bitcoin tokyo 544 00:48:55,441 --> 00:49:03,381 2024 with diamond hands that was the first bitcoin only international conference in japan 545 00:49:03,381 --> 00:49:10,221 and because it was for the first time we kind of you know uh intentionally 546 00:49:10,221 --> 00:49:18,421 try to make it more like fun event for bitcoiners so our target audience was bitcoiners 547 00:49:18,421 --> 00:49:28,561 um and then we had a fun like not only like uh presentation um kind of discussion but we had like 548 00:49:28,561 --> 00:49:35,901 expo area where you can buy stuff with lightning or like you know game and stuff like that so 549 00:49:35,901 --> 00:49:44,041 our theme was like not only learn about bitcoin but also experience bitcoin so that was successful 550 00:49:44,041 --> 00:49:51,721 and then but you know all the conference organizers would say ah never again and then 551 00:49:51,721 --> 00:49:57,781 I wasn't the exception. I'm like, oh, never again. So I even told my boss and, you know, 552 00:49:58,081 --> 00:50:04,161 Fuga that I would never do this. I would never do this. This is my first and the last time. 553 00:50:04,561 --> 00:50:12,261 And they're like, yeah, yeah. OK, OK, OK. So I wasn't going to do it. But so I don't know if you 554 00:50:12,261 --> 00:50:18,781 heard of Tokyo Bitcoin base, which is a big like physical Bitcoin hub in Tokyo. So we launched 555 00:50:18,781 --> 00:50:22,221 Tokyo Bitcoin base in April. 556 00:50:22,901 --> 00:50:24,981 So everybody, like a Bitcoin, 557 00:50:25,681 --> 00:50:29,141 Flugar Ventures team from Europe 558 00:50:29,141 --> 00:50:31,361 has come to the opening party. 559 00:50:32,381 --> 00:50:34,741 And then at that party, 560 00:50:34,861 --> 00:50:35,481 someone asked, 561 00:50:35,741 --> 00:50:39,161 so when will be Bitcoin Tokyo this year? 562 00:50:39,321 --> 00:50:40,581 Is it going to be like fall, 563 00:50:40,841 --> 00:50:41,641 like last year? 564 00:50:41,741 --> 00:50:42,341 And then I said, 565 00:50:42,581 --> 00:50:44,861 no, that will never going to be 566 00:50:44,861 --> 00:50:46,401 like Bitcoin Tokyo again. 567 00:50:46,401 --> 00:50:48,681 And then my boss, like big boss, 568 00:50:48,781 --> 00:50:56,761 not like the big boss said no no no it's happening like excuse me i told you i'm not gonna do it i 569 00:50:56,761 --> 00:51:04,941 don't want to die and he said you don't have to do it we can just hire you know like team 570 00:51:04,941 --> 00:51:13,361 from other conferences and i'm like okay but then i thought you know you can't really do it 571 00:51:13,361 --> 00:51:15,881 unless you speak Japanese 572 00:51:15,881 --> 00:51:18,061 unless you know people 573 00:51:18,061 --> 00:51:20,541 like locally you can't do it 574 00:51:20,541 --> 00:51:21,961 so like if 575 00:51:21,961 --> 00:51:23,761 same as like Bitcoin study 576 00:51:23,761 --> 00:51:25,721 if someone's gonna mess up 577 00:51:25,721 --> 00:51:27,981 you know I would do it 578 00:51:27,981 --> 00:51:29,581 because I know how to do it 579 00:51:29,581 --> 00:51:31,061 I know how to do it well 580 00:51:31,061 --> 00:51:33,701 so I'm like yes I'll do it 581 00:51:33,701 --> 00:51:35,621 so I feel like 582 00:51:35,621 --> 00:51:37,401 I was kind of tricked 583 00:51:37,401 --> 00:51:38,141 like trapped 584 00:51:38,141 --> 00:51:42,401 just when you think you're out 585 00:51:42,401 --> 00:51:49,441 they pull you back in so you're back to organizing a bitcoin conference uh so and it's not far away 586 00:51:49,441 --> 00:51:58,901 i mean we are september 30th it's 23rd of november yeah 23rd and 24th right and you've 587 00:51:58,901 --> 00:52:04,021 been kind enough to extend first of all you extended an invitation thank you so much sorry 588 00:52:04,021 --> 00:52:11,141 we can't make it uh we will be in manchester but you've also very kind to offer a discount code to 589 00:52:11,141 --> 00:52:16,401 the listeners so if anybody does want to make their way over to Tokyo which is such a great city 590 00:52:16,401 --> 00:52:22,901 I've had the privilege of visiting my wife and kids have not so we do definitely want to get 591 00:52:22,901 --> 00:52:28,781 there at some stage and what better excuse than to go to a conference so those that can make it 592 00:52:28,781 --> 00:52:44,316 if you use the code BITTEN B Turoka has been very kind and offered a 10 discount on the tickets there So what speakers do you have lined up For anybody that thinking about it and is getting excited 593 00:52:44,676 --> 00:52:45,856 what do you have planned? 594 00:52:47,216 --> 00:52:53,296 So speakers, this year we're going to have main conference and then dev day. 595 00:52:53,296 --> 00:53:02,736 right so for main conference um i invite because um japanese people like to hear from someone with 596 00:53:02,736 --> 00:53:08,736 authority and then someone you know like someone from the u.s because basically we look up to the 597 00:53:08,736 --> 00:53:16,636 u.s we just follow whatever the u.s is doing right so um i invited uh grant from uh bitcoin 598 00:53:16,636 --> 00:53:25,036 Policy Institute, hoping him to share what's going on in the US and then push Japanese government to 599 00:53:25,036 --> 00:53:38,476 follow their footsteps. And then also I invited Roger from, he is the author of Will Mao by Bitcoin. 600 00:53:38,476 --> 00:53:40,796 So he's a China expert. 601 00:53:41,176 --> 00:53:45,256 So yeah, US and China, it's two countries, 602 00:53:45,456 --> 00:53:51,556 Japanese companies always kind of have to look into. 603 00:53:51,716 --> 00:53:56,716 So those two will share what's going on in those countries. 604 00:53:57,156 --> 00:53:58,776 And then who else? 605 00:54:01,916 --> 00:54:02,216 Anyone? 606 00:54:02,216 --> 00:54:08,336 Yeah, so Luke Dash Jr., he just confirmed. 607 00:54:08,476 --> 00:54:10,536 on the dev day 608 00:54:10,536 --> 00:54:12,376 and then I also 609 00:54:12,376 --> 00:54:14,476 extended invitation to Shinobi 610 00:54:14,476 --> 00:54:16,556 he hasn't confirmed but if 611 00:54:16,556 --> 00:54:18,196 he does it's going to be interesting 612 00:54:18,196 --> 00:54:21,356 Rockstar 613 00:54:21,356 --> 00:54:24,496 is confirmed so he 614 00:54:24,496 --> 00:54:26,356 will be reunited with 615 00:54:26,356 --> 00:54:28,476 BTC place of 616 00:54:28,476 --> 00:54:30,476 Emperor Nikola 617 00:54:30,476 --> 00:54:31,776 who lives in Tokyo 618 00:54:31,776 --> 00:54:33,476 yeah 619 00:54:33,476 --> 00:54:36,096 and I don't know if 620 00:54:36,096 --> 00:54:46,556 which the mempool.space which will speak but he kindly offered to host VIP dinner he did last 621 00:54:46,556 --> 00:54:54,456 year too so this year also the VIP dinner was sponsored by it's gonna be sponsored by mempool.space 622 00:54:54,456 --> 00:55:01,916 amazing and like the Japanese are such wonderful hosts it's such a great experience when you go 623 00:55:01,916 --> 00:55:07,956 there so for people interested yeah reach out the link will be in the show notes and uh reach out 624 00:55:07,956 --> 00:55:15,956 to taruko uh is there anything and of course it'll be mostly english or you'll have a mix of stages 625 00:55:15,956 --> 00:55:21,576 to do how are you going to plan on that it's probably 80 english but we're going to have our 626 00:55:21,576 --> 00:55:29,736 real-time ai translation on the screen so the language won't be a problem okay excellent well 627 00:55:29,736 --> 00:55:33,476 Is there anything we've missed out here before I ask you the final question? 628 00:55:36,036 --> 00:55:36,596 Yeah. 629 00:55:36,795 --> 00:55:41,736 So if you are planning to come to like Tokyo or like Japan or Tokyo, 630 00:55:42,915 --> 00:55:47,356 actually Tokyo Bitcoin base is not only co-working space. 631 00:55:47,356 --> 00:55:49,556 It's going to be co-living space. 632 00:55:50,156 --> 00:55:57,396 So we acquired a hotel nearby, like three minutes walk from Tokyo Bitcoin base. 633 00:55:57,496 --> 00:55:59,295 So there is a hotel already there. 634 00:55:59,295 --> 00:56:00,576 It's for group. 635 00:56:00,896 --> 00:56:04,956 It's like, you know, up to like six people can sleep in one unit. 636 00:56:05,596 --> 00:56:08,476 So it's like four groups or like families. 637 00:56:08,915 --> 00:56:11,756 But we bought another one. 638 00:56:12,056 --> 00:56:15,436 That's still, you know, land we have to build, you know, house. 639 00:56:15,816 --> 00:56:19,156 But one, it's going to be a VIP villa. 640 00:56:19,776 --> 00:56:24,676 It's going to be three-story traditional Japanese style with traditional Japanese garden. 641 00:56:25,096 --> 00:56:26,136 It's going to be amazing. 642 00:56:26,136 --> 00:56:34,556 and then also another one will be for like single you know traveler or like couple so it's going to 643 00:56:34,556 --> 00:56:42,036 be smaller but more affordable so you know meta planet kind of gave up on the hotel business so 644 00:56:42,036 --> 00:56:49,295 we are kind of taking oh my goodness i was gonna say so wait you're gonna have one more unit than 645 00:56:49,295 --> 00:56:54,196 well one more property than the meta planet this is taking you back to your airbnb managing days 646 00:56:54,196 --> 00:57:02,756 as well that's so cool so bitcoin co-working at uh uh bitcoin tokyo base soon well as well as 647 00:57:02,756 --> 00:57:08,676 the one is already yeah operating but two we just bought the land so we have to build 648 00:57:09,236 --> 00:57:19,156 the property so i would say uh march like spring 2027. wow so it's far away but it's gonna be great 649 00:57:19,156 --> 00:57:25,616 Yeah, that's low time preference planning there. That's very, very cool. 650 00:57:26,256 --> 00:57:40,915 One thing I noticed is, you know, after I spent like six, seven years in Japanese Bitcoin scene, I realized I'm convinced that nothing will happen within Japan. 651 00:57:40,915 --> 00:57:48,336 It has to be, you know, come from the outside. So luckily, you know, Tokyo, it's very affordable now. 652 00:57:48,336 --> 00:57:57,056 So like you or like anyone from like Western country can stay in Japan without visa up to like three months. 653 00:57:57,736 --> 00:58:04,576 So, you know, they can actually work at Tokyo Bitcoin base and then live in one of those co-living space. 654 00:58:05,376 --> 00:58:32,570 So if those people come and work there maybe Japanese will find it you know maybe you know talk to them and then learn about what going on and then get inspired That so cool You know their own version of Bitcoin business So for the young traveling Bitcoin nomads that are you know 655 00:58:32,630 --> 00:58:35,690 living the sovereign individual or even families, 656 00:58:35,690 --> 00:58:38,210 I know families are out there doing it as well. 657 00:58:38,410 --> 00:58:40,610 I mean, we did it for almost three years. 658 00:58:40,730 --> 00:58:42,070 We bounced around traveling. 659 00:58:42,530 --> 00:58:45,810 We didn't have the Bitcoin options back in those days. 660 00:58:45,810 --> 00:58:47,370 So maybe we should go again. 661 00:58:48,090 --> 00:58:51,590 Yeah, of course you can pay everything in Bitcoin. 662 00:58:52,630 --> 00:58:54,930 So, you know, you can live the Bitcoin standard. 663 00:58:55,390 --> 00:58:56,550 Yeah, amazing. 664 00:58:56,730 --> 00:59:01,490 So eventually our goal is to make a Bitcoin circular economy 665 00:59:01,490 --> 00:59:03,810 around Tokyo Bitcoin base, 666 00:59:03,930 --> 00:59:06,850 which is, you know, basically in the center of Tokyo. 667 00:59:07,810 --> 00:59:09,770 That's like another 10 years, I guess. 668 00:59:10,390 --> 00:59:10,810 Wow. 669 00:59:11,350 --> 00:59:14,010 So what would you need? 670 00:59:14,010 --> 00:59:22,370 you'd have to start grassroots programs getting getting the tourists that coming through to go 671 00:59:22,370 --> 00:59:26,550 and ask the different merchants do you accept bitcoin do you accept bitcoin do you accept 672 00:59:26,550 --> 00:59:33,230 bitcoin that's the but i think we are like japan it's not there yet people are still very skeptical 673 00:59:33,230 --> 00:59:40,330 about bitcoin so what we are doing right now is because tokyo bitcoin base is not in a business 674 00:59:40,330 --> 00:59:49,610 district it's in a quiet like really affluent residential area so you know we want them not to 675 00:59:49,610 --> 00:59:55,370 be afraid of this bitcoin space like bitcoin that's going in and out of this building right 676 00:59:55,370 --> 01:00:04,730 so on the um as our opening event we actually hosted like lightning fair it's very like kids 677 01:00:04,730 --> 01:00:15,090 friendly event. So we like put out a lot of food and game stalls around the building, inside the 678 01:00:15,090 --> 01:00:22,290 building, use them as kind of a bait for kids to come into the building. If kids comes in, like, 679 01:00:22,370 --> 01:00:29,330 you know, parents, like mother has to come in too, right? So that was very successful. Those people, 680 01:00:29,330 --> 01:00:35,670 like neighbors were kind of curious about what's this B mark, what's this new building. 681 01:00:36,470 --> 01:00:40,410 And then they were like, you know, look into it, but never coming. 682 01:00:40,630 --> 01:00:42,050 Even the door was open. 683 01:00:42,470 --> 01:00:46,650 But that day, they finally came in and they thought, oh, it's really nice. 684 01:00:46,650 --> 01:00:48,830 Also Bitcoin, it's just money, right? 685 01:00:48,910 --> 01:00:50,370 Because I can buy this thing. 686 01:00:50,650 --> 01:00:51,250 So, yeah. 687 01:00:51,470 --> 01:00:57,450 So we are still kind of the process of legitimizing Bitcoin in the neighborhood. 688 01:00:57,450 --> 01:01:06,370 so maybe like next year or the year after tourists can come and start orange building 689 01:01:06,370 --> 01:01:13,530 I love it and also love the fact that uh you and I are having this conversation 690 01:01:13,530 --> 01:01:21,110 during what it's like what's going on in Singapore right now the biggest shit coin conference I've 691 01:01:21,110 --> 01:01:24,630 ever had the misfortune of laying eyes on. 692 01:01:24,630 --> 01:01:29,150 I went on the website the other day because it came across my radar 693 01:01:29,150 --> 01:01:31,250 and just looked at a list of the speakers. 694 01:01:32,050 --> 01:01:33,410 Oh, my goodness. 695 01:01:33,630 --> 01:01:35,050 What are these guys doing? 696 01:01:35,430 --> 01:01:37,830 This is what we're up against. 697 01:01:38,490 --> 01:01:45,070 All of the just flash money that pours into these events from VCs that are 698 01:01:45,070 --> 01:01:47,830 just there to try and get the next big exit. 699 01:01:48,490 --> 01:01:50,490 Oh, it makes my skin crawl. 700 01:01:50,490 --> 01:01:57,390 but anyway final final question for you if you had one last orange pill left to give to somebody 701 01:01:57,390 --> 01:01:59,330 who would you give it to and why 702 01:01:59,330 --> 01:02:12,690 wow that's tough question because by now i orange pulled everybody i care about 703 01:02:12,690 --> 01:02:14,810 so 704 01:02:14,810 --> 01:02:31,310 prime minister of japan okay there you go yeah because uh the japanese government actually 705 01:02:31,310 --> 01:02:42,810 um endorsed um web three four years ago and then we they have we have like a web three conference 706 01:02:42,810 --> 01:02:49,850 every year which is huge and it's funny to see like you know as a speaker like not like prime 707 01:02:49,850 --> 01:02:55,410 minister of japan like minister of something minister of something minister and then next to it 708 01:02:55,410 --> 01:02:58,890 there is a picture of like roger r 709 01:02:58,890 --> 01:03:01,870 cz 710 01:03:01,870 --> 01:03:08,150 yeah japan's still there 711 01:03:08,150 --> 01:03:15,610 oh damn well they need a copy of your book maybe somebody who's listening to this might be able to 712 01:03:15,610 --> 01:03:20,150 uh get a copy of the bitcoin standard in japanese in the prime minister's hands 713 01:03:20,150 --> 01:03:25,350 and uh then we'll just let the orange pill do what the orange pill does you know that's uh 714 01:03:25,350 --> 01:03:31,110 there's no stopping the mind virus so well taruko thank you for coming on it's been uh it's been 715 01:03:31,110 --> 01:03:35,650 great uh great pleasure to get to know you a little bit better and looking forward to meeting 716 01:03:35,650 --> 01:03:42,450 you in person one day and uh yeah caitlin had great fun with you guys over there and you know 717 01:03:42,450 --> 01:03:47,930 learning about an app and uh what everything that you're doing she was very inspired and uh yeah 718 01:03:47,930 --> 01:03:56,430 she's great she's just so like she fit in right away with the team yeah we had a really good time 719 01:03:56,430 --> 01:04:11,924 and uh shout out to uh arata san as well uh who we met in riga and in helsinki who obviously doing great work with you guys over in uh in japan and uh yeah well that all left to say I put the links in the show notes for people to reach out to you 720 01:04:12,024 --> 01:04:13,504 And yeah, thank you very much. 721 01:04:14,344 --> 01:04:14,824 Thank you. 722 01:04:16,064 --> 01:04:17,424 Well, there you go, everybody. 723 01:04:17,644 --> 01:04:19,144 Thank you so much for listening. 724 01:04:19,344 --> 01:04:22,084 And thank you, Tiroko, for coming on 725 01:04:22,084 --> 01:04:24,664 and everything you're doing over there in Asia. 726 01:04:25,124 --> 01:04:27,444 There's so much hard work going on there 727 01:04:27,444 --> 01:04:31,044 that I hope people have listened to this 728 01:04:31,044 --> 01:04:36,144 and being inspired because at the moment there's a lot of darkness around Bitcoin. 729 01:04:36,444 --> 01:04:43,184 We have this big divide between developers and Bitcoiners. 730 01:04:43,184 --> 01:04:50,984 We have divide over Bitcoin 29, version 29, core 29 or core 30 or Bitcoin knots. 731 01:04:51,124 --> 01:04:55,304 And now we have a new Bitcoin improvement proposal 444. 732 01:04:55,304 --> 01:05:02,604 for and it just seems like there's a lot of bad blood and ill feeling out there and people are 733 01:05:02,604 --> 01:05:06,924 looking at the price when they shouldn't be there's a lot of distraction there's so much 734 01:05:06,924 --> 01:05:11,624 distraction right now bitcoin treasury companies there's a new one spinning up every single day 735 01:05:11,624 --> 01:05:20,024 and just please do not buy penny stonks just because they say they're going to use money that 736 01:05:20,024 --> 01:05:25,344 they raise through printing shares to buy Bitcoin. That's not going to, that isn't a company. 737 01:05:25,984 --> 01:05:32,984 Like that, that's a reverse IPO, a reverse takeover. They buy a shell company on a, on a stock 738 01:05:32,984 --> 01:05:38,444 exchange and then print shares under a new name and say they're going to buy Bitcoin with it. And 739 01:05:38,444 --> 01:05:48,084 people are just like, it boggles my mind. It really does. So please take heed and then do not 740 01:05:48,084 --> 01:05:55,424 loan your Bitcoin to any loan product offering, especially the new ones that are now racing each 741 01:05:55,424 --> 01:06:02,944 other to zero on the interest rates that they're offering you. I mean, within six months, 742 01:06:03,004 --> 01:06:09,084 they've gone from 12.5%. I've seen a company now offering 5%. They're tripping over each other 743 01:06:09,084 --> 01:06:15,824 in order to try and hoard your Bitcoin with this idea of, you'll never have to sell your Bitcoin, 744 01:06:15,824 --> 01:06:22,264 bro just go and live your life and you'll get rugged your bitcoin will be gone as soon as 745 01:06:22,264 --> 01:06:29,344 there's a price crash a flash crash you are stopped out it's swept it's over and you still owe the fiat 746 01:06:29,344 --> 01:06:38,084 back with the interest so please just stay humble and stack sats and get inspired from people like 747 01:06:38,084 --> 01:06:44,904 taruko that are building that are doing things she's translating books she's organizing conferences 748 01:06:44,904 --> 01:06:54,304 She's helping a company reinvigorate itself by use of Bitcoin education and then using that as a platform to educate its customer base. 749 01:06:55,004 --> 01:07:00,904 The conference, the Bitcoin living space that they're going to be doing over there. 750 01:07:01,424 --> 01:07:10,304 It's incredible. I'm hoping to get over to Japan next October because I think that is when they're going to be doing BTC Japan in 2026. 751 01:07:10,304 --> 01:07:11,624 So put that on your dates now. 752 01:07:12,024 --> 01:07:14,364 But like I said, like we discussed here, 753 01:07:14,624 --> 01:07:16,504 I think from the 23rd of November, 754 01:07:17,044 --> 01:07:18,644 you got BTC Japan in Tokyo. 755 01:07:18,844 --> 01:07:20,644 So if you're out there listening in Asia, 756 01:07:21,144 --> 01:07:24,304 anyone in Hong Kong, Singapore, Indonesia, 757 01:07:25,504 --> 01:07:26,764 wherever you're tuning in from, 758 01:07:27,144 --> 01:07:29,704 get your tickets, get over to BTC Japan, 759 01:07:29,984 --> 01:07:32,344 go and support the effort, get a discount, 760 01:07:32,784 --> 01:07:35,464 use the code BITTEN, B-I-T-T-E-N, 761 01:07:35,904 --> 01:07:37,164 get your 10% off. 762 01:07:37,164 --> 01:07:38,804 I'm talking to you guys in Malaysia, 763 01:07:38,804 --> 01:07:43,084 the people that hosted me and my family when we were in Kuala Lumpur 764 01:07:43,084 --> 01:07:44,144 thank you so much 765 01:07:44,144 --> 01:07:46,064 you know who you guys are 766 01:07:46,064 --> 01:07:48,344 get over to Japan, see what's going on 767 01:07:48,344 --> 01:07:51,864 if you're in the UK or if you're across Europe 768 01:07:51,864 --> 01:07:56,504 it's very cheap to jump on a plane and get a flight over to Manchester 769 01:07:56,504 --> 01:08:00,924 BitFest is 21st and 23rd of November 770 01:08:00,924 --> 01:08:03,424 that's this month, we are just weeks away 771 01:08:03,424 --> 01:08:06,184 use the code BITEN, B-I-T-T-E-N 772 01:08:06,184 --> 01:08:08,584 and go check out the speaker list 773 01:08:08,584 --> 01:08:09,324 than the show notes. 774 01:08:09,544 --> 01:08:10,644 The same for BTC Japan. 775 01:08:10,884 --> 01:08:11,584 Hit these links. 776 01:08:11,864 --> 01:08:12,624 Just take a look. 777 01:08:14,224 --> 01:08:17,304 I'm not getting paid for clickbait or anything like that. 778 01:08:17,364 --> 01:08:20,164 I just want to help these guys get people to the conferences 779 01:08:20,164 --> 01:08:23,704 and I want to help people understand how important the conferences are 780 01:08:23,704 --> 01:08:26,324 and how it's going to change their lives when they get in front of people. 781 01:08:26,444 --> 01:08:27,304 I've seen it myself. 782 01:08:27,624 --> 01:08:28,544 I've felt it myself. 783 01:08:28,844 --> 01:08:30,264 My whole family has felt it. 784 01:08:30,744 --> 01:08:32,424 This is how we move forward. 785 01:08:32,424 --> 01:08:35,604 So that's that little rant. 786 01:08:35,604 --> 01:08:44,364 and the next rant is just buy bitcoin guys please stack stack some sats get over to relay r-e-l-a-i 787 01:08:44,364 --> 01:08:51,684 r-e-l-a-i.ch forward slash bitten download the app across europe and start stacking today if 788 01:08:51,684 --> 01:08:58,804 you're across the pond us swan bitcoin.com it is that simple take self-custody and take it very 789 01:08:58,804 --> 01:09:12,284 Seriously, get over and look at the Bitbox, Bitbox O2 or Bitbox Nova, a Bitcoin-only hardware wallet brought to you by the team over at bitbox.swiss forward slash bitten. 790 01:09:12,484 --> 01:09:14,344 Again, links in the show notes. 791 01:09:14,664 --> 01:09:15,524 The code is bitten. 792 01:09:16,044 --> 01:09:19,824 There's a bunch more links in the show notes over there, so go and check them out. 793 01:09:20,324 --> 01:09:25,704 And I have not shielded them in a while, but Dave Bennett is doing great work on his podcast. 794 01:09:25,704 --> 01:09:33,124 the Bitcoin and podcast is a daily show Dave brings you the news that you can use and he does 795 01:09:33,124 --> 01:09:39,504 an incredible job shout out to my friend and fellow podcaster Dave love you brother support 796 01:09:39,504 --> 01:09:46,124 Dave on Fountain and do your boosts do your streaming and yeah let's look forward to a 797 01:09:46,124 --> 01:09:49,384 bright orange future thank you so much for listening I'll catch you on the next show