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That's it, hot summer. That's it, open.

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The signal is here. This is Bloodshed Radio.

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Welcome, gentle pioneers, to the lightning-laced airwaves.

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Today is Friday, the 20th of March, and it is 3.02 p.m. on the east coast of the United States at the time of recording.

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We have a fun one ahead of you today.

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Richard Greaser of the Bitcoin Bugle returns to the show.

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He is the twisted mind behind Maxi Madness, a tournament I was unceremoniously dumped out of earlier today.

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Dark forces at play, no doubt, and I will be demanding answers shortly.

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If you are hearing my voice right now on Spotify or Apple, thank you for listening, but also welcome to the Legacy Feed.

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It's a reliable signal, but it's read-only.

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Over here on Fountain and Noster, the frequency is open.

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This is a Valley for Value broadcast.

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There are no corporate scripts and no algorithmic nudges here

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because the producers of this show, that's you, feel the engine.

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If you want to move from passive listener to active participant,

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come join the signal on the V4V side.

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Now for our sermon today

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The price of a voice

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Every poll you've ever taken was free

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And because it is free, it was worthless

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A Twitter poll costs nothing to rig

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Create 10 accounts, click 10 times, walk away

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The result is noise dressed up as signal

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We've been conditioned to treat polling as democratic scripture

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where in reality it's the cheapest possible performance of consensus

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Zap polling just changed the equation

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Zap polls attach a real irreversible economic cost to every vote

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Your sats leave your wallet and they do not come back, win or lose

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You're making a sacrifice

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and sacrifice as a signal is almost impossible to fake.

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But here's where it gets interesting.

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The default range, at least in Primal,

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which is the, with their latest release of Primal 3.0,

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they introduced Zap polls.

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The default range when you create a poll

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is 21 sats to 21,000 sats.

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That is a thousand to one band.

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one maximum zap equals 1,000 minimum zaps.

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Your voice is proportional to what you're willing to burn.

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And that immediately raises an uncomfortable question.

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If economic weight determines the outcome, is that fair?

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And the honest answer is, it depends on what you mean by fair.

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The fiat model privileges infinite duplication

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because duplication and replication is free.

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This model privileges intensity of conviction.

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And neither of those two are necessarily pure,

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but only one of them has a cost and makes gaming prohibitively expensive.

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Which brings me to Bugle's March Maxi Madness tournament.

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64 names, 32 head-to-head zap balls, single elimination,

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and the game theory shifts from interesting to genuinely novel. First, the timing problem.

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If you can see the running totals, which you can, once you vote that is, early zapping reveals your

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position and gives the opposition a target. Late zapping lets you calculate the exact cost of

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victory and strike with precision. And we're already seeing this. I mean, I was a victim of

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this for heaven's sake earlier today. Poles flipping in the final moment because a single

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large zap lands at the buzzer. It's eBay sniping, but with sats. And second, the resource problem.

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A single pole is an isolated skirmish. A six round bracket is a war of attrition.

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If you whale zap your champion through round one, you might have burned ammunition you need in the

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semifinals. So do you go heavy early and hope the later rounds take care of themselves? Or do you

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conserve and risk an upset before you even get there? And third, the coalition problem. A popular

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figure with a thousand casual casual supporters at 21 sats each can be obliterated by a lesser

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known name backed by one or two whales at 21,000. Wide but shallow loses to narrow but deep.

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This forces communities to coordinate, to pool resources, to think strategically rather than

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impulsively. That in itself is a new social dynamic. What we're witnessing is the emergence

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of a genuinely new economic primitive. You can call it competitive proof of conviction.

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Every move is transparent.

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Every cost is permanent.

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And the man who architected this whole twisted experiment

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is laughing all the way to the bank

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because every single zap flows directly to him.

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Mr. Richard Greaser, welcome back to Plep Chain Radio.

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Great to be here.

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so richard uh uh happy and uh a profitable couple of days for you and the team at the bugle

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yeah it's kind of weird uh to to earn some money you know for the first time in like the few years

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that we've uh done that it's like i don't i don't know we don't spend a whole lot of times

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trying to calculate our production costs versus our income.

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But definitely not.

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I haven't made a ton.

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Just enough to afford some cigarettes.

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You know what I mean?

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Yeah, right.

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Ron's got his Lightning wallet hooked up to the account.

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So he's pretty happy.

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He told me he had to mute his wallet

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because every single Zap sent him a notification.

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and I think about halfway through the day yesterday,

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I think there were 700 zaps in these polls.

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Yeah.

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I glanced at the first round, which is 32 of these polls, right?

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32 of two head-to-heads out of 64 people.

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There seemed to be an average.

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Actually, it was hard to tell the averages by looking at it,

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But if I had to guess, it's something like 80 to 90 votes per poll.

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So that's what are we talking about?

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Let's just call it 100.

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Just pick a round number times 32.

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So you had 3,200 ZAPs at a minimum of 21 SATs each, many of them in the hundreds.

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And a handful I did see at the max range of 21,000.

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So we're talking half a million sats in that ballpark.

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Are we not?

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Probably, yeah.

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Yeah.

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It was like halfway through the day, it was like a quarter million.

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So I think, yeah, probably close to half a million.

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Yeah.

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Did you actually, when you, obviously this is a bit of a race to the finish line

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because Primal, I mean, Maxi Madness started two days after Primal 3.0 rolled out.

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Now, Amethyst does support ZapPolls and has for a long time.

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There are a couple of other clients that support polls.

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And I believe the very first one that implemented the polling net was Polorama.fun.

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Maybe I'm wrong here, but that was a while back.

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I think that was the guy who came up with the polling net, but that's not ZapPolling.

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Jumble does, Jumble, Wisp, and a few others support regular polling.

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but I think at this point it's just

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Amethyst and Primal

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that's about Zap Poly. Is that right?

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I'm not sure.

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But yeah, I think so.

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Whatever.

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But I'm not very familiar with

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all the different clients.

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I was using Amethyst for a while

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way back in the day.

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Not Primal for a while.

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just i just want my doodad to work and uh if whoever's running the doodad glazes me a little

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bit that's i'll use your doodad that's all i uh need so zapstream got me that way

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got me that way

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yeah it was pretty impressive we were we were testing it out we didn't do a ton of testing

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because we were so scatterbrained and busy last week

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when we were talking with the Primal team.

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And it seems like it's been a flawless delivery so far.

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I'm impressed with the experience.

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My only complaint is the web app doesn't really work.

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But the mobile app seems to be working fairly decent,

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better than usual.

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I'm pretty happy.

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Yeah, no, it's been, Primal 3.0 has been a very smooth experience.

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I know there was some issue with Spark on the Spark side, just today, I think.

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And today is March 20th, Friday.

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But some people said their upgraded Primal Spark wallet balances disappeared.

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I believe it was something on the Spark side, but it came back.

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so all's well it seems but yeah it's been a largely smooth rollout but but i guess what i

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was getting at is you know your maxi madness started two days after zap polling came out no

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one's really experienced zap polling and i think a lot of people are learning the game theory

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and economic these new economic primitives on the fly as you're playing around with these polls

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Did you guys have a chance to think through what this might look like?

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Obviously, the Twitter polls, we don't have to talk about them.

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I mean, easy to rig and not, at least for me, not of particular interest.

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But this is a whole different dynamic.

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Did you and Rod have a chance to, like,

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work through some of these permutations and combinations?

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We had a little bit of discussion.

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Not a ton.

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You know, one of the problems with Maxi Madness is there's no way to predict what's going to happen.

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The way that people show up and behave is incredibly unpredictable.

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You know, there was some discussion that we had.

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Like, I wanted it to be as close to like a true democratic process as possible, which is why we did the range.

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allowing for people to like a larger you said whale but you know it's only 21 000 sads on the

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higher end to uh to buy the election i think that's much more accurate the way democracies work

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uh so that's been cool you know one of the features like you mentioned that makes it really

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difficult to game it effectively which makes it interesting in my opinion where you have these

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unpredictable last minute uh changes in momentum is uh that you cannot see what

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the voting looks like until you actually vote you don't see the score

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that would make it a lot easier to just get the election um and rig it that way i mean i guess

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you can mitigate that by having one account that votes and then you can see it and then coming in

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with another account but um there's a lot of crazy uh game theory at play here like you said

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it is something you know somewhat novel i uh i think my my first experience ever with

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zap pulling or something similar to it was you know guy swan i don know if he still has this on his website but years ago guy swan would rank articles that you wanted him to read next and you could uh zap it uh to boost

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the article in the rankings i thought that was super cool uh and i've always thought like i i've

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wanted to do stuff like this where i um have a website where i have all the various projects that

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I want to do and, you know, set thresholds for how much funding I want to get in order

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for me to actually do the project and then, uh, kind of have things ranked that way.

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And, you know, if people want it, they'll fund it.

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Um, but I, yeah, I think it's, I, there, there's so many possibilities with these types

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of uh pulling mechanisms i'm i think it's very cool the the the most novel and interesting thing

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that nostor provides in my opinion from a you know credential journalist a content creator

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is how easy it is to get monetized you know from your audience directly using bitcoin it's just it

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it is very simple.

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It's very easy.

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Um,

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that combined with the discoverability of like a social media type ecosystem.

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So it's,

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it's Rod's been calling it an anti-social media ecosystem,

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which I think is,

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uh,

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you know,

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a fun way to describe it.

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But,

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uh,

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yeah,

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I don't,

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we had no idea how this was going to play out.

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And,

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uh,

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you know,

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some people were like pressing us to limit the,

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uh,

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the voting to like,

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you know,

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one zap amount,

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like 21 sats or something.

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And I,

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I said,

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no,

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like I,

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I wanted the range because what makes maxi madness so fun is the

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unpredictable nature of it and the variability of it.

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And so when you can just unleash mayhem,

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that's way more fun than uh you know having a buttoned down popularity contest in my opinion

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i just i just realized though richard that you and rod both have a free

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whales app because the stats go back to you right so if you if either of you want someone to win you

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can just wait till the last minute and then unload your 21k at the very end that's true i mean i i

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have been voting on it i don't think maybe rod's been voting on it a little bit but uh uh you know

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we believe strongly in like we we don't try to manipulate the results of this at all we're not

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involved with manipulating the results of this at all because i think if we do that it really takes

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away from people involved having fun the participants in it having fun so while we can't

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do that i mean one of the things that you can see who's voting which i think is also very cool

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which you can't on twitter um actually can i say real quick on that richard uh for the folks

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listening i know who voted against me and i have a very long memory go on well i voted for you

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i know and i know who voted for me as well and i have a long memory for that too

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that was a hard one that was a that was a really tough matchup because i i like both you and made

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quite a bit and um i i i probably took at least three minutes to think about it

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sitting there at the pole

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no it's good fun good fun and medics is a good man um happy to lose as happy as one can be about

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losing uh happy to lose to a person of that caliber um sorry i i interrupted uh something

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I just wanted to let people know that I've noted their names.

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That's all.

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Accountability is a good thing.

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I guess I will have to admit, I did give Noah Groomen a big zap today.

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I got a 12,000 or 16,000 set zap today.

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So I will own that.

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well I did look at that poll

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she's matched up against McShane

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who's blown his load already

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on himself

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so

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00:18:53,110 --> 00:18:54,770
I don't know

237
00:18:54,770 --> 00:18:58,150
I think it balances out

238
00:18:58,150 --> 00:19:03,450
yeah I really hope Nostra can

239
00:19:03,450 --> 00:19:05,690
learn who she is

240
00:19:05,690 --> 00:19:07,690
because I think she's one of the

241
00:19:07,690 --> 00:19:09,330
coolest people on Nostra

242
00:19:09,330 --> 00:19:11,710
and in the Bitcoin ecosystem.

243
00:19:12,990 --> 00:19:13,450
Oh, for sure.

244
00:19:13,610 --> 00:19:14,650
And we're going to, in a short while,

245
00:19:14,710 --> 00:19:19,210
we're going to play her first Value for Value song,

246
00:19:19,530 --> 00:19:21,030
which is kind of cool.

247
00:19:24,310 --> 00:19:26,510
Yeah, I mean, it's been fun.

248
00:19:26,510 --> 00:19:27,510
I mean, it's...

249
00:19:27,510 --> 00:19:33,530
I got to say, I am impressed with the Nostra ecosystem.

250
00:19:33,530 --> 00:19:42,750
like everybody involved is very uh committed and stubborn because they i've seen other

251
00:19:42,750 --> 00:19:51,030
like in 2020 there was a a big move to mastodon when jack dorsey was censoring all of us for

252
00:19:51,030 --> 00:19:55,990
telling people that they were retarded for wearing masks and whatever um

253
00:19:55,990 --> 00:20:01,310
And that came and died really fast.

254
00:20:03,530 --> 00:20:13,910
The Nostra ecosystem has been very, very vibrant, committed, excited about these technologies.

255
00:20:14,330 --> 00:20:20,670
I will say, though, Richard, on the social media side, and I'm not the only one who's felt this.

256
00:20:20,670 --> 00:20:24,890
So the last few months, Nostra has been getting a bit dull.

257
00:20:25,610 --> 00:20:29,310
Frankly, it's just same people repeating the same cliches over and over again.

258
00:20:30,790 --> 00:20:34,190
And people getting into silly fights.

259
00:20:34,390 --> 00:20:36,550
And I've had to tune out a lot of that.

260
00:20:36,550 --> 00:20:42,930
I think Maxi Madness has breathed a lot of life back into Nostra.

261
00:20:43,370 --> 00:20:46,610
I mean, I don't know in how many people,

262
00:20:46,790 --> 00:20:49,630
the weekly act of users is something like 10,000.

263
00:20:49,630 --> 00:20:54,510
although i think that feels like a bit of a stretch to me it's probably a little less than that

264
00:20:54,510 --> 00:21:01,150
uh but within that there's a strong subset that feels energized with what you guys have done

265
00:21:01,150 --> 00:21:05,210
so it's been great yeah

266
00:21:05,210 --> 00:21:13,530
this all kind of happened accidentally like the formation of maxi madness i i thought it was a

267
00:21:13,530 --> 00:21:19,470
fun idea the first year i did it on twitter and um there wasn't a lot of thought putting it put

268
00:21:19,470 --> 00:21:26,470
into it and it just like took off and became kind of a big thing and then rod came in the second year

269
00:21:26,470 --> 00:21:33,510
and really you know accelerated it um and added just an incredible amount of value he he's been

270
00:21:33,510 --> 00:21:43,430
you know very instrumental in uh the back end of a lot of this stuff of of a ton of the content

271
00:21:43,430 --> 00:21:50,530
that is being created, bringing much more of like a professional feel to it

272
00:21:50,530 --> 00:21:54,290
with a lot of the graphics and stuff.

273
00:21:54,290 --> 00:22:08,770
And it really has turned into one of the most fun social-themed things in Bitcoin,

274
00:22:09,170 --> 00:22:10,230
you know, both on Twitter.

275
00:22:10,230 --> 00:22:39,910
I think Twitter felt has felt similar to the last few years that, that it has breathed life there. And I think, you know, part of the reason why is, um, I think it's important to take pride in the, in this social movement that we're a part of and, and like to understand the importance of it, which, you know, people might think is kind of ironic for me to say,

276
00:22:39,910 --> 00:22:48,290
you know because in many ways we are um making fun of a lot of people uh but um or they may feel

277
00:22:48,290 --> 00:22:56,390
that way but you know the stuff that we're talking about and the stuff that we're doing

278
00:22:56,390 --> 00:23:03,110
is incredibly important because it's like what like bitcoin is like one of the very few

279
00:23:03,110 --> 00:23:09,830
things in the world that's actually productive for promoting any semblance of freedom

280
00:23:09,830 --> 00:23:22,210
and Nostra fits into that in a large way um and uh it's just like it's fun to to find creative

281
00:23:22,210 --> 00:23:29,450
ways to celebrate um the individuals here to you know to have a good time and I think

282
00:23:29,450 --> 00:23:33,290
where a lot of people misunderstand

283
00:23:33,290 --> 00:23:42,070
what it means to be effective in accomplishing your goals like having fun is like one of the

284
00:23:42,070 --> 00:23:47,750
primary ways to be effective in accomplishing your goals and promoting the ideas that are

285
00:23:47,750 --> 00:23:55,250
important to you like you have to have fun um i i am a firm believer whoever has the most fun wins

286
00:23:55,250 --> 00:24:01,770
and the great thing about like the way to win maxi madness and in the way to win

287
00:24:01,770 --> 00:24:04,970
I think in general with dealing with the bugle

288
00:24:04,970 --> 00:24:11,370
is you either join us and have fun

289
00:24:11,370 --> 00:24:12,930
or you're going to have a bad time.

290
00:24:15,110 --> 00:24:20,370
As many have found out by doing otherwise.

291
00:24:21,570 --> 00:24:22,630
That is for sure.

292
00:24:23,410 --> 00:24:27,410
So I do want to get back to the game theory of Zappos

293
00:24:27,410 --> 00:24:29,610
because it's an absolutely fascinating topic

294
00:24:29,610 --> 00:24:30,650
that I've been thinking of,

295
00:24:30,650 --> 00:24:33,630
thinking about ever since you guys launched this thing.

296
00:24:34,230 --> 00:24:38,390
And really, it comes to the fore in a format like this, right?

297
00:24:38,430 --> 00:24:43,410
This type of elimination format gamified this way.

298
00:24:43,450 --> 00:24:46,190
Because if I were to put up a Zap poll

299
00:24:46,190 --> 00:24:49,010
with a range of 21,000 Sats and say,

300
00:24:49,010 --> 00:24:50,990
hey, what color shoe should I wear?

301
00:24:51,070 --> 00:24:52,050
Or whatever it is, right?

302
00:24:52,930 --> 00:24:58,890
I mean, three people would Zap 21 Sats maybe at most.

303
00:24:58,890 --> 00:25:17,890
So perhaps not as effective for something like that use case, but this type of elimination playoff type game, it just creates all sorts of possibilities because you're not just thinking about or you should not be thinking about just that one matchup.

304
00:25:17,950 --> 00:25:25,310
You have to think long term, like how you strategically deploy capital across multiple rounds.

305
00:25:25,310 --> 00:25:32,990
you also have a prediction market right predicts i wonder though

306
00:25:32,990 --> 00:25:38,990
richard that if there's a way in which the the prediction market can be baked in

307
00:25:38,990 --> 00:25:49,350
into the into the game itself for example if maybe next year you could i don't know if you

308
00:25:49,350 --> 00:25:58,750
can do zap splits on the polls today but if half of it goes to you and the other half goes to the

309
00:25:58,750 --> 00:26:06,310
winner at the end that sort of maybe there's some kind of hedging that can be done uh and the game

310
00:26:06,310 --> 00:26:16,450
theory is completely different for that type of poll right yeah i agree i i really like i was

311
00:26:16,450 --> 00:26:21,750
thinking about this the other night i really like the incentive if you were to split the the sass

312
00:26:21,750 --> 00:26:29,990
with the participants in the poll i think that's um it's great you know because it's funny

313
00:26:29,990 --> 00:26:35,750
you know the differences in currency between twitter and nostr like the you know the the

314
00:26:35,750 --> 00:26:45,990
currency on nostr is bitcoin and the currency on twitter is engagement and glaze and so i think you

315
00:26:45,990 --> 00:26:52,530
see um kind of different behaviors on uh both platforms for that reason

316
00:26:52,530 --> 00:27:00,830
i i personally i i like bitcoin more than i like glaze i enjoy bitcoin a lot more um

317
00:27:00,830 --> 00:27:08,510
so you know it's one of the reasons primarily you know like i i see a lot of value in the

318
00:27:08,510 --> 00:27:18,550
the uh value for value ecosystem i i think for predex probably a fairly simple way

319
00:27:18,550 --> 00:27:27,090
to make the platform interesting and and get it more integrated with the nostor ecosystem would be

320
00:27:27,090 --> 00:27:30,730
to do something similar to Fountain,

321
00:27:31,830 --> 00:27:41,010
where you tie your Nostra NSEC to your profile on Predix,

322
00:27:41,070 --> 00:27:56,260
and every time you buy a bet it does like a post on Nostra I think that would be pretty good but I not sure how to directly bake the the prediction markets and I I kind of like not being directly involved with the

323
00:27:56,260 --> 00:28:03,620
prediction markets that you know in more so seeing how people respond and interact with it

324
00:28:03,620 --> 00:28:07,460
because anybody can go on predicts and create a market for anything

325
00:28:07,460 --> 00:28:15,160
uh so i'm not sure specifically how to bake it directly into the contest next year but i i think

326
00:28:15,160 --> 00:28:22,640
the the simple one i don't know if you can do splits on the uh on the polls but that would be

327
00:28:22,640 --> 00:28:30,100
a really cool feature for next year that i would be a huge fan yeah so the primal team if you're

328
00:28:30,100 --> 00:28:38,580
listening, Milian, Paul, any of you, just something to keep in mind. I don't, or someone from Spark,

329
00:28:38,700 --> 00:28:46,660
I doubt if anyone from Spark's listening. But if there is a way to set up a split once things go,

330
00:28:46,780 --> 00:28:52,700
well, it's interesting though, right? Because you won't know who's the winner until all the zaps

331
00:28:52,700 --> 00:28:59,260
come in. So maybe this, then you need, you'll have to have the zap sitting at escrow until the

332
00:29:00,580 --> 00:29:06,260
polls close. And then you do the split half to the author of the zap and half to the winner.

333
00:29:06,800 --> 00:29:12,740
Oh, sorry. Author of the poll and half to the winner. Yeah. Interesting problems. Um,

334
00:29:12,800 --> 00:29:18,540
I don't know how you solve something like that, uh, in a self custodial way.

335
00:29:18,540 --> 00:29:23,740
I think the simple answer is generally the best answer.

336
00:29:24,040 --> 00:29:28,020
And I think just splitting, like the winner doesn't have to take,

337
00:29:29,280 --> 00:29:32,020
it doesn't have to be split going to the winner.

338
00:29:32,280 --> 00:29:35,280
It could just be split amongst all the participants.

339
00:29:35,280 --> 00:29:39,020
And like, you know, your incentive is to make it to the next round

340
00:29:39,020 --> 00:29:42,100
in order to earn sats on that pool.

341
00:29:42,600 --> 00:29:43,600
If that makes sense.

342
00:29:44,600 --> 00:29:45,400
Mm-hmm.

343
00:29:47,460 --> 00:29:48,020
Right.

344
00:29:48,540 --> 00:29:59,700
yeah fascinating stuff um how obviously we're not talking large numbers uh on nostril right

345
00:29:59,700 --> 00:30:05,460
just like maybe 100 we'll see what happens in the second round more people wake up more people will

346
00:30:05,460 --> 00:30:15,640
up upgrade to primal 3.0 uh maybe so you know you can i'm sure someone can quickly vibe up uh

347
00:30:15,640 --> 00:30:17,840
a zapping

348
00:30:17,840 --> 00:30:20,080
oh sorry a zap polling app

349
00:30:20,080 --> 00:30:22,160
desktop client

350
00:30:22,160 --> 00:30:23,580
to do this

351
00:30:23,580 --> 00:30:26,160
but the number

352
00:30:26,160 --> 00:30:28,140
we're not talking about thousands and thousands of people

353
00:30:28,140 --> 00:30:30,780
and I don't think that's going to happen

354
00:30:30,780 --> 00:30:32,000
A because

355
00:30:32,000 --> 00:30:34,040
Nostra is so small

356
00:30:34,040 --> 00:30:35,800
but B because it doesn't

357
00:30:35,800 --> 00:30:37,900
I mean like there's no incentive to

358
00:30:37,900 --> 00:30:40,080
you know spin up bots to

359
00:30:40,080 --> 00:30:42,240
zap when you can take care of that

360
00:30:42,240 --> 00:30:43,580
with a whale zap

361
00:30:43,580 --> 00:30:46,400
or a couple of whale zaps if you're so inclined.

362
00:30:48,140 --> 00:30:52,840
But how does, I guess, the sentiment and excitement

363
00:30:52,840 --> 00:30:58,060
around Maxi Madness on Nostra compare to what's happening on Twitter?

364
00:30:58,420 --> 00:31:01,020
Because that's something I haven't gone to Twitter

365
00:31:01,020 --> 00:31:03,320
in like a week or two at this point.

366
00:31:03,980 --> 00:31:06,760
I have an open claw that occasionally posts for me.

367
00:31:07,540 --> 00:31:09,240
So I don't even know what's happening there.

368
00:31:09,240 --> 00:31:15,680
And I think I'm pretty certain I muted 100% of Bitcoin Twitter as well.

369
00:31:15,760 --> 00:31:17,000
So I won't even know what's happening.

370
00:31:21,060 --> 00:31:24,000
Yeah, the excitement's a lot more on Twitter.

371
00:31:24,160 --> 00:31:27,920
And I think part of the reason why is it's a much bigger platform.

372
00:31:28,500 --> 00:31:33,340
And we have more momentum there.

373
00:31:33,780 --> 00:31:35,820
I mean, done it three years in a row.

374
00:31:35,820 --> 00:31:37,780
So people have participated before.

375
00:31:37,920 --> 00:31:38,960
They know what to expect.

376
00:31:39,240 --> 00:31:48,860
uh probably a fair amount of the participants on maxi badness on oster this is their first time

377
00:31:48,860 --> 00:31:57,740
seeing or participating in the event i think a lot of people don't know who we are uh

378
00:31:57,740 --> 00:32:03,540
which always surprises me because you know we're we're the most credentialed journalist

379
00:32:03,540 --> 00:32:08,100
bitcoin most thermodynamically sound bitcoin podcast but like

380
00:32:08,660 --> 00:32:20,960
people yeah people definitely been excited but it is uh it's kind of crazy because there's like

381
00:32:20,960 --> 00:32:27,600
there's like 24 7 coverage of us on twitter right now pretty much between all the different spaces

382
00:32:27,600 --> 00:32:33,680
and podcasts and live streams that are going on over there.

383
00:32:36,060 --> 00:32:37,100
That's remarkable.

384
00:32:38,960 --> 00:32:43,760
So we have our friend Rev Hoddle in the comments saying,

385
00:32:43,920 --> 00:32:47,720
I was thinking about fat zapping others in the bracket

386
00:32:47,720 --> 00:32:50,080
that I might have a better chance of beating,

387
00:32:50,600 --> 00:32:52,980
but I lost, so I'm back to just zapping my favorites,

388
00:32:53,380 --> 00:32:54,560
which is kind of where I am.

389
00:32:54,980 --> 00:32:57,260
And I wasn't fat zapping, though.

390
00:32:57,260 --> 00:32:59,880
I mean, you guys have taken enough of my stats.

391
00:33:00,680 --> 00:33:03,100
My budget is 500 stats per round.

392
00:33:03,900 --> 00:33:08,460
But that was a, wow, that was a cruel matchup there, Richard.

393
00:33:08,660 --> 00:33:10,220
Rev Hoddle against Jack Dorsey.

394
00:33:12,340 --> 00:33:17,360
It's just the nature of Maxi Madness is it is cruel at the end of the day.

395
00:33:17,360 --> 00:33:24,980
Like the fates and just, you know, raw victory in the last moments.

396
00:33:27,260 --> 00:33:30,220
I was really rooting for a Rev Hoddle big fan.

397
00:33:30,320 --> 00:33:33,520
That would have been just like one of the most incredible Cinderella stories.

398
00:33:37,200 --> 00:33:43,840
And it was doubly cruel because when the matchup was announced before voting began,

399
00:33:44,660 --> 00:33:49,340
obviously to the lazy observer, Rev Hoddle has no chance.

400
00:33:49,380 --> 00:33:50,720
We're talking about Jack Dorsey here.

401
00:33:50,720 --> 00:34:00,120
and then you see rev go into this massive lead going into the night and then waking up to find

402
00:34:00,120 --> 00:34:06,680
that jack's beaten him by a whisker cruel doubly cruel i'm sorry rev

403
00:34:06,680 --> 00:34:15,460
yeah for those that don't know rev hodl rev hodl is very committed uh bitcoin meetup organizer

404
00:34:15,460 --> 00:34:19,980
and uh is definitely not a nobody that's for sure

405
00:34:19,980 --> 00:34:27,080
and you should check out his uh podcast as well speaking of bitcoin meetups

406
00:34:27,080 --> 00:34:33,940
um local bitcoiners right i think that's the name listen to a few episodes yeah it's great

407
00:34:33,940 --> 00:34:41,520
like you you show up to like satoshi up in michigan rev hodl he's royalty jack dorsey shows up there

408
00:34:41,520 --> 00:34:42,840
nobody's going to know who he is.

409
00:34:43,200 --> 00:34:43,940
You know what I mean?

410
00:34:44,500 --> 00:34:47,060
Like he's like an American folk hero.

411
00:34:48,200 --> 00:34:49,160
Nostra folk hero.

412
00:34:49,740 --> 00:34:51,220
Yeah, in his preacher's wagon,

413
00:34:51,480 --> 00:34:54,120
going around dropping legs of lamb

414
00:34:54,120 --> 00:34:59,520
at different points on the denim road.

415
00:35:02,940 --> 00:35:05,380
Yeah, so what were the other big meetups,

416
00:35:05,440 --> 00:35:06,880
sorry, meetups, matchups

417
00:35:06,880 --> 00:35:09,560
that you had your eye on in the first round?

418
00:35:09,560 --> 00:35:11,880
We can get to the second round in a bit.

419
00:35:12,680 --> 00:35:13,800
But yesterday's matchups.

420
00:35:14,680 --> 00:35:17,120
One of the crazy ones was Doot beat Lynn Alden.

421
00:35:18,300 --> 00:35:18,920
That was wild.

422
00:35:18,940 --> 00:35:19,480
Who is Doot?

423
00:35:21,640 --> 00:35:28,420
Doot is somebody a Noster Insider told me to put on here.

424
00:35:29,000 --> 00:35:31,700
Seems like he's just like grumpy posting about.

425
00:35:32,800 --> 00:35:34,860
Hasn't been posting as much for a month.

426
00:35:34,860 --> 00:35:42,940
but it was a it was a suggestion from somebody in the selection committee but it looks like he's

427
00:35:42,940 --> 00:35:49,280
just like a goofball nostril goofball that likes to post about why uh block share prices aren't high

428
00:35:49,280 --> 00:35:59,080
enough and he beat linalden that is interesting pretty wild um

429
00:35:59,080 --> 00:36:15,020
lob beat um jb 55 very last minute that one shocked me milhan uh beat super test net super

430
00:36:15,020 --> 00:36:21,500
test net was a shocker for me i didn't realize he was so popular on the roster but uh he was

431
00:36:21,500 --> 00:36:28,680
looking pretty good and then milhan came in last second um i thought that lebanese hodl would have

432
00:36:28,680 --> 00:36:32,700
a really good showing in the tournament

433
00:36:32,700 --> 00:36:34,440
because he had a lot of followers,

434
00:36:34,640 --> 00:36:37,640
but Max Hillebrand smoked him.

435
00:36:39,080 --> 00:36:41,420
Condeleurian beat Adam Curry.

436
00:36:42,800 --> 00:36:43,440
I'm not surprised.

437
00:36:44,840 --> 00:36:45,580
You're not surprised?

438
00:36:46,160 --> 00:36:46,480
No.

439
00:36:48,420 --> 00:36:50,420
Adam Curry would have won on Mastodon,

440
00:36:51,140 --> 00:36:52,700
on the Zapples on Mastodon,

441
00:36:52,700 --> 00:36:54,120
but not on Nostro.

442
00:36:55,680 --> 00:36:58,440
Condeleurian reigns supreme in these parts.

443
00:36:58,680 --> 00:37:07,560
uh of our digital village well the only reason why i was surprised about it was because uh curry

444
00:37:07,560 --> 00:37:14,760
had such a large lead and you know i went to bed and then woke up and then saw corn delorean come

445
00:37:14,760 --> 00:37:20,820
back i i thought he would have had a much larger lead throughout the tournament but uh

446
00:37:20,820 --> 00:37:26,700
yeah tk beat ainsley that one surprised me

447
00:37:26,700 --> 00:37:32,900
i was really shocked that made x beachy i was really confused by that

448
00:37:34,040 --> 00:37:36,900
dark forces at play

449
00:37:36,900 --> 00:37:43,340
and then uh another one i was really surprised about was that yellow beat uh

450
00:37:43,340 --> 00:37:43,840
uh,

451
00:37:44,400 --> 00:37:45,000
none of your business.

452
00:37:45,720 --> 00:37:46,000
Cause,

453
00:37:46,160 --> 00:37:46,300
uh,

454
00:37:46,300 --> 00:37:50,900
like he's like probably the number two Noster podcaster.

455
00:37:52,220 --> 00:37:52,900
Oh yeah.

456
00:37:53,060 --> 00:37:53,400
Yeah.

457
00:37:54,480 --> 00:37:54,960
No,

458
00:37:55,040 --> 00:37:55,400
Nani is,

459
00:37:55,540 --> 00:37:56,840
he's a podcasting legend.

460
00:37:56,840 --> 00:37:57,120
I mean,

461
00:37:57,140 --> 00:37:58,840
he's done almost,

462
00:37:59,740 --> 00:38:01,860
almost 2000 episodes at this point.

463
00:38:03,640 --> 00:38:04,160
Uh,

464
00:38:04,700 --> 00:38:04,960
Richard,

465
00:38:05,060 --> 00:38:07,720
there's some interesting chatter in the live chat.

466
00:38:07,780 --> 00:38:08,740
Apparently at,

467
00:38:08,820 --> 00:38:09,080
uh,

468
00:38:09,080 --> 00:38:09,420
sir,

469
00:38:09,500 --> 00:38:10,620
Spencer Wolf of,

470
00:38:10,620 --> 00:38:11,120
uh,

471
00:38:12,340 --> 00:38:12,680
Casey,

472
00:38:12,680 --> 00:38:17,840
Kansas City says Adam is a stable coin dude these days.

473
00:38:18,000 --> 00:38:18,720
Is this true?

474
00:38:20,280 --> 00:38:21,380
I haven't heard that.

475
00:38:21,580 --> 00:38:26,060
It's been a while since I've followed Adam.

476
00:38:26,200 --> 00:38:33,140
He's just like these Gen Xers have just some of the dumbest takes on things.

477
00:38:35,320 --> 00:38:38,260
I really have a deep appreciation for Adam,

478
00:38:38,380 --> 00:38:41,380
but he's got some pretty stupid opinions about things sometimes.

479
00:38:41,380 --> 00:38:42,800
and it kind of bums me out.

480
00:38:43,980 --> 00:38:44,540
That's wild.

481
00:38:46,360 --> 00:38:49,720
I mean, I just, I've ignored the,

482
00:38:49,780 --> 00:38:51,860
I know there was a memo that went around

483
00:38:51,860 --> 00:38:54,500
telling all the Bitcoin maximalists

484
00:38:54,500 --> 00:38:59,020
that maximalism is now being pro stablecoin and Bitcoin.

485
00:38:59,940 --> 00:39:01,500
But I've just ignored it.

486
00:39:01,660 --> 00:39:03,020
I'm not changing.

487
00:39:04,800 --> 00:39:06,860
Wait, where did this originate from?

488
00:39:08,020 --> 00:39:08,860
Oh, you didn't get the memo?

489
00:39:08,860 --> 00:39:15,520
i certainly did not no is that because i'm not on twitter anymore

490
00:39:15,520 --> 00:39:20,260
you're just not podconf and it went through all the podconf channels

491
00:39:20,260 --> 00:39:28,260
okay and by stable coins they mean tether presumably yes yeah you know it's uh you

492
00:39:28,260 --> 00:39:33,540
can't like any of the other ones besides tether like tether tether you know apparently palo is a

493
00:39:33,540 --> 00:39:42,000
good bitcoiner um but yeah usdc is a shit coin but but the the memo according to podconf is uh

494
00:39:42,000 --> 00:39:50,700
you know tether's okay yeah it's it's the pristine and refined petroleum uh in the petrodollar

495
00:39:50,700 --> 00:40:00,640
backing tether um and um usdc is does it see presumably sound it stands for crude it's not

496
00:40:00,640 --> 00:40:10,080
refined um yeah interesting stuff i'm i've i think this is one of the nice things about not being on

497
00:40:10,080 --> 00:40:17,320
twitter anymore is um i i don't hear any of the tether stuff because there are no tether people

498
00:40:17,320 --> 00:40:20,400
on nostr and i don't think there ever will be

499
00:40:20,400 --> 00:40:25,700
well just wait when they've been working on getting tether on lightning

500
00:40:25,700 --> 00:40:29,780
and when that happens,

501
00:40:30,000 --> 00:40:31,560
they're going to start doing the Tether's apps.

502
00:40:34,180 --> 00:40:35,720
Yeah, well, we'll see.

503
00:40:35,780 --> 00:40:37,800
I think there are Monero's apps already,

504
00:40:38,060 --> 00:40:38,960
if I'm not mistaken.

505
00:40:39,940 --> 00:40:42,680
I'm not, I mean, I think they're on a different relay,

506
00:40:43,040 --> 00:40:43,800
so I wouldn't know.

507
00:40:44,800 --> 00:40:48,180
But very possible that Monero's apps are already a thing.

508
00:40:49,700 --> 00:40:52,800
That sounds really non-functional.

509
00:40:53,640 --> 00:40:55,020
Have you used Monero at all?

510
00:40:55,700 --> 00:40:56,220
No.

511
00:40:57,880 --> 00:40:59,980
I wear it as a badge of pride.

512
00:40:59,980 --> 00:41:06,060
Like I've got like probably like $30, 30 USDT worth of Monero in my cake wallet.

513
00:41:06,520 --> 00:41:09,580
And that gives me my shit coiner badge.

514
00:41:09,760 --> 00:41:12,820
I failed the maximalism purity test because of that.

515
00:41:12,900 --> 00:41:20,320
But, you know, you open your wallet and you have to wait like five minutes for it to sink.

516
00:41:20,320 --> 00:41:28,280
it's like this really weird feature monero where your wallet has to sync with the chain

517
00:41:28,280 --> 00:41:34,320
somehow uh so like every time you want to set a transaction you have to sit and wait

518
00:41:34,320 --> 00:41:48,950
and it just you know the the more you use bitcoin the more you realize just like how great the ux of it all has gotten because it is just especially right now with transactions being so cheap it

519
00:41:48,950 --> 00:41:58,410
just so easy to uh to send and you know while there are these um a lot of the lightning ecosystem

520
00:41:58,410 --> 00:42:07,770
is custodial it's pretty easy to use uh it's becoming custodial light though with things like

521
00:42:07,770 --> 00:42:14,550
spark i mean i don't know what spark is honestly it probably is custodial but it it it can pass

522
00:42:14,550 --> 00:42:23,490
off as sort kind of sort of non-custodial i suppose i'm not going to try and explain the uh

523
00:42:23,490 --> 00:42:29,210
mechanics of spark or arc or any of these other things but it seems like it's kind of like

524
00:42:29,210 --> 00:42:36,070
something built on top of lightning so it's like another layer on top of it but yeah it uh

525
00:42:36,070 --> 00:42:41,510
i'm surprised liquid hasn't taken off more

526
00:42:41,510 --> 00:42:49,990
there is no liquidity on liquid yeah

527
00:42:49,990 --> 00:42:56,610
yeah i mean i think it's kind of crazy like when you look at the stable coin markets

528
00:42:56,610 --> 00:42:58,790
and the what people are doing

529
00:42:58,790 --> 00:43:09,330
how bad the ux is to use like tether on tron or tether on ethereum it's just like a major pain in

530
00:43:09,330 --> 00:43:11,330
the ass and i think what what this should be

531
00:43:12,030 --> 00:43:19,870
apparently i mean you look at like the biggest betting platform i don't know how cal she works

532
00:43:19,870 --> 00:43:25,670
but you look at something like polymarket and like part of the reason why i've never gotten

533
00:43:25,670 --> 00:43:32,130
on polymarket was because i didn't want to go to trouble of figuring out how to get my hands on usdc

534
00:43:32,130 --> 00:43:36,610
and then they had like a really complicated weird login process where you had to like

535
00:43:36,610 --> 00:43:43,830
you either use a wallet that i didn't have or you know some sort of shitcoin platform um and uh

536
00:43:43,830 --> 00:43:50,610
you're like a predix so you just you have a simple login you create your login and then you just

537
00:43:50,610 --> 00:44:00,290
load a balance with lightning it's incredibly easy um like their liquid could be a significantly

538
00:44:00,290 --> 00:44:08,250
better ux solution for using stable coins and yet it hasn't been adopted and i think

539
00:44:08,250 --> 00:44:16,330
you know ux isn't everything like a big part of uh getting user adoption is marketing

540
00:44:16,330 --> 00:44:23,870
i just it baffles me why so many people have gone in on the polymarket with uh

541
00:44:25,910 --> 00:44:27,670
usdc like it's just crazy to me

542
00:44:27,670 --> 00:44:42,090
yeah is don't they do uh i'm trying to remember was polymarket is it available in the u.s

543
00:44:42,090 --> 00:44:48,970
meaning when i say available i mean if you're going in without a vpn and your ip address is

544
00:44:48,970 --> 00:44:56,890
from the u.s then polymarket uh i think they do some kind of geo look up and block you was what i

545
00:44:56,890 --> 00:45:03,290
hard yeah i think a lot of them are that way where you have to most people using they're using

546
00:45:03,290 --> 00:45:09,450
some sort of vpn but i just never got that far i just like i couldn't even figure out how to log

547
00:45:09,450 --> 00:45:16,250
in i was like no i'm not going to download metamask and i'm going to learn how to use uh

548
00:45:17,210 --> 00:45:23,850
usdc to use your stupid platform how do you get usdc do you have to buy it on coinbase or something

549
00:45:23,850 --> 00:45:30,010
yeah i think that's pretty much how it is you go to poll it uh or deposit uh

550
00:45:31,070 --> 00:45:36,130
dollars into to get your paper dollar token

551
00:45:36,130 --> 00:45:39,430
oh

552
00:45:39,430 --> 00:45:50,790
lahav in the chat says don't metamask kids which is um yes wise words um

553
00:45:50,790 --> 00:45:58,270
so let's get back to the matchups and this round which i think kicked off today

554
00:45:58,270 --> 00:46:00,690
what are the big ones you have your eye on

555
00:46:00,690 --> 00:46:07,250
well we got ben justman versus derrick ross that's a that's a good one

556
00:46:07,250 --> 00:46:15,370
um both seem pretty active and excited about it and derrick ross is going to get excited

557
00:46:15,370 --> 00:46:20,490
those guys are both very committed to Noster and they like Noster.

558
00:46:22,130 --> 00:46:23,250
Ben Justman,

559
00:46:23,410 --> 00:46:30,030
he is probably one of my favorite people that's excited about Bitcoin.

560
00:46:30,570 --> 00:46:32,290
He's just such a good natured guy.

561
00:46:35,010 --> 00:46:36,230
So likable.

562
00:46:38,790 --> 00:46:39,730
For sure.

563
00:46:40,270 --> 00:46:41,070
He loves slop.

564
00:46:41,750 --> 00:46:42,910
Derek loves slop too.

565
00:46:42,910 --> 00:46:51,950
um that's a fun matchup to watch uh you got like two great podcasters long-running podcasters you

566
00:46:51,950 --> 00:46:59,250
got guy swan and daniel prince that's a good matchup you got brad mills and sessions that's

567
00:46:59,250 --> 00:47:06,550
a good matchup canadian duel uh there's a tight one right now between uh no agreement and mcshane

568
00:47:06,550 --> 00:47:11,550
I gave Noah a big boost, and McShane now wants to fight me.

569
00:47:15,090 --> 00:47:16,710
Yeah, I'll keep an eye on that.

570
00:47:17,190 --> 00:47:21,190
I already voted for Noah with my regular account,

571
00:47:21,370 --> 00:47:25,830
but Plep Chain Radio has a primal account as well.

572
00:47:26,070 --> 00:47:28,390
So I'll keep an eye on it in the morning.

573
00:47:28,990 --> 00:47:34,650
I'm sure Lahav is lurking, waiting to snipe at the last minute.

574
00:47:34,650 --> 00:47:36,950
but yeah that'll be a good one

575
00:47:36,950 --> 00:47:39,130
yeah I

576
00:47:39,130 --> 00:47:41,150
really like this builders category

577
00:47:41,150 --> 00:47:43,370
because there's a lot of like really

578
00:47:43,370 --> 00:47:45,410
cool and serious people

579
00:47:45,410 --> 00:47:47,230
in it you got Kali

580
00:47:47,230 --> 00:47:48,010
against GG

581
00:47:48,010 --> 00:47:51,130
mass coding bandits against each other

582
00:47:51,130 --> 00:47:53,470
GG's

583
00:47:53,470 --> 00:47:53,730
more

584
00:47:53,730 --> 00:47:56,130
I don't know what he is

585
00:47:56,130 --> 00:47:58,110
full body suit yeah

586
00:47:58,110 --> 00:47:58,990
yeah

587
00:47:58,990 --> 00:48:01,970
Kieran, Fiat Jeff, Watt, Milhan

588
00:48:01,970 --> 00:48:04,190
those are

589
00:48:04,190 --> 00:48:09,510
I just think that you know the Nostra bracket

590
00:48:09,510 --> 00:48:10,930
in my opinion is

591
00:48:10,930 --> 00:48:13,190
a lot more fun

592
00:48:13,190 --> 00:48:14,550
it's a lot less

593
00:48:14,550 --> 00:48:17,090
politically charged

594
00:48:17,090 --> 00:48:19,430
Twitter bracket is

595
00:48:19,430 --> 00:48:21,410
incredibly politically charged you got a lot of

596
00:48:21,410 --> 00:48:22,870
crash outs going on over there

597
00:48:22,870 --> 00:48:25,310
but I

598
00:48:25,310 --> 00:48:26,510
think there's a lot of

599
00:48:26,510 --> 00:48:29,630
a lot more wholesomeness

600
00:48:29,630 --> 00:48:31,410
to this tournament

601
00:48:31,410 --> 00:48:33,530
and the individuals participating I think

602
00:48:33,530 --> 00:48:35,630
the sportsmanship's a lot better.

603
00:48:41,270 --> 00:48:46,030
Yeah, it's a nicer place in general than X.

604
00:48:46,930 --> 00:48:49,910
Last year, there were some shenanigans on X.

605
00:48:50,390 --> 00:48:54,650
Some absolute nobody basically bought some votes somehow, right?

606
00:48:54,770 --> 00:48:56,990
Through bots or whatever to win.

607
00:48:59,550 --> 00:49:02,350
Oh, it's just the way democracy works, you know?

608
00:49:03,530 --> 00:49:07,610
Like if it's, you know, democracy is all about buying votes one way or another.

609
00:49:08,190 --> 00:49:13,050
And, um, if you don't like that, then I guess your alternative is like monarchy.

610
00:49:13,050 --> 00:49:16,710
And then we can all like bend over worship Michael Saylor or whatever.

611
00:49:17,410 --> 00:49:21,510
Um, I thought, yeah, last year's tournament was a lot of fun.

612
00:49:21,950 --> 00:49:24,810
I had a tremendous time watching that.

613
00:49:24,910 --> 00:49:27,490
There were a lot of people that were very upset at Teddy bitcoins.

614
00:49:27,490 --> 00:49:33,910
It was like kind of the nail in the coffin of the Swan media mafia.

615
00:49:34,930 --> 00:49:42,350
Because part of the reason why people didn't like Teddy Bitcoins is he was very antagonistic against Corey and Swan.

616
00:49:45,530 --> 00:49:49,050
And so I think that that was where a lot of the hatred came from.

617
00:49:49,050 --> 00:49:57,210
And so, you know, Corey thought he was too cool to not participate in the tournament, got knocked out round one.

618
00:49:57,490 --> 00:50:01,510
And then had his arch nemesis go and steamroll everybody.

619
00:50:01,730 --> 00:50:02,710
He beat sailor.

620
00:50:02,810 --> 00:50:03,690
He beat Lynn Alden.

621
00:50:04,310 --> 00:50:04,790
Um,

622
00:50:05,110 --> 00:50:06,270
and,

623
00:50:06,390 --> 00:50:06,690
uh,

624
00:50:06,710 --> 00:50:07,010
you know,

625
00:50:07,010 --> 00:50:08,750
then Corey decided to start crashing out.

626
00:50:08,830 --> 00:50:09,450
So this year,

627
00:50:09,530 --> 00:50:10,810
Corey's boycotting it,

628
00:50:10,870 --> 00:50:13,550
pretending like he doesn't even know it exists.

629
00:50:13,710 --> 00:50:14,190
Uh,

630
00:50:15,470 --> 00:50:15,770
but that,

631
00:50:15,770 --> 00:50:17,190
that was really the nail in the coffin.

632
00:50:17,190 --> 00:50:17,770
I think for,

633
00:50:17,770 --> 00:50:19,950
for Swan of having any sort of relevancy,

634
00:50:19,950 --> 00:50:24,010
like it seems like Corey has been just like grasping at straws.

635
00:50:24,010 --> 00:50:24,390
He's just,

636
00:50:24,390 --> 00:50:26,150
he's out there just complaining about,

637
00:50:26,150 --> 00:50:27,150
um,

638
00:50:27,270 --> 00:50:32,150
his poor decision to partner with Tether on Tron and how he got screwed for

639
00:50:32,150 --> 00:50:32,590
shit coining.

640
00:50:33,150 --> 00:50:33,590
Um,

641
00:50:33,670 --> 00:50:35,450
but he doesn't believe that he was shit coining.

642
00:50:38,990 --> 00:50:39,590
I don't know.

643
00:50:39,590 --> 00:50:41,410
They did get rugged by Tether,

644
00:50:41,530 --> 00:50:41,970
didn't they?

645
00:50:43,450 --> 00:50:44,490
Since you're on the topic,

646
00:50:44,490 --> 00:50:45,270
um,

647
00:50:45,270 --> 00:50:45,730
Swan.

648
00:50:47,850 --> 00:50:48,330
Um,

649
00:50:48,390 --> 00:50:48,550
yeah,

650
00:50:48,630 --> 00:50:49,870
that's what he claims.

651
00:50:50,110 --> 00:50:50,510
Um,

652
00:50:50,910 --> 00:50:51,730
is that he got rugged.

653
00:50:51,890 --> 00:50:52,130
They,

654
00:50:52,130 --> 00:50:54,070
they had some sort of agreement.

655
00:50:54,070 --> 00:51:01,110
and then it all fell apart and uh you know there there's multiple sides of the the story and uh i

656
00:51:01,110 --> 00:51:08,990
just don't care enough to take a side it's just like you know cory you suck you're uh

657
00:51:08,990 --> 00:51:16,350
you you're not willing to you know engage at maxi madness and then uh it's like tether you suck like

658
00:51:16,350 --> 00:51:22,490
you're actively working to prolong the existence of the dollar

659
00:51:22,490 --> 00:51:28,290
like keep the people in power that tell me where i can't smoke cigarettes

660
00:51:28,290 --> 00:51:41,890
so i just don't really care about either yeah so maxi madness is uh on twitter is doing its thing

661
00:51:41,890 --> 00:51:50,190
uh what what what kind of uh vote size are we looking at i mean the 5 10 20k range

662
00:51:50,190 --> 00:51:56,430
um it really ranges uh depending on the poll uh you're looking at

663
00:51:56,430 --> 00:51:59,310
see

664
00:51:59,310 --> 00:52:11,250
right now in round two some of the polls are up near a thousand and some are in the couple hundred

665
00:52:11,250 --> 00:52:20,170
range um there haven't been any massive moves in amounts and i i think what happens is as

666
00:52:20,170 --> 00:52:29,770
the the tournament progresses the the people with the most active voting bases um start to match up

667
00:52:29,770 --> 00:52:34,770
against each other you know the people that are more committed to win uh like the first two rounds

668
00:52:34,770 --> 00:52:41,730
are pretty much just kind of weeding out the individuals that aren't very committed to the

669
00:52:41,730 --> 00:52:48,690
tournament just painting um sometimes there's like tragedies of you know individuals that are

670
00:52:48,690 --> 00:52:56,630
very committed like uh adam samaka got beat by sailor adam was very amped up and excited about

671
00:52:56,630 --> 00:53:04,170
the tournament and i was disappointed to see him go uh i i was hoping that kit sats was going to be

672
00:53:04,170 --> 00:53:12,570
very like excited uh but but she didn't show up at all for the tournament she liked a couple tweets

673
00:53:12,570 --> 00:53:15,910
that was about her commitment i don't know what she's doing

674
00:53:15,910 --> 00:53:18,490
just slopping

675
00:53:18,490 --> 00:53:20,470
about beef tallow or whatever

676
00:53:20,470 --> 00:53:22,230
but uh

677
00:53:22,230 --> 00:53:28,410
yeah there's some pretty hardcore shit talking

678
00:53:28,410 --> 00:53:29,190
happening

679
00:53:29,190 --> 00:53:32,010
twitter right now and uh

680
00:53:32,010 --> 00:53:34,650
i'm enjoying it

681
00:53:34,650 --> 00:53:35,830
it's pretty fun to watch

682
00:53:35,830 --> 00:53:37,590
you had Aaron Redwing

683
00:53:37,590 --> 00:53:39,970
go up against um

684
00:53:39,970 --> 00:53:41,670
Ross Ulbricht

685
00:53:41,670 --> 00:53:44,530
yesterday and

686
00:53:44,530 --> 00:53:47,570
she was talking shit

687
00:53:47,570 --> 00:53:49,270
saying that

688
00:53:49,270 --> 00:53:52,690
she wants Ross to get locked up again.

689
00:53:53,450 --> 00:53:53,910
That was

690
00:53:53,910 --> 00:53:57,770
pretty intense.

691
00:53:58,430 --> 00:53:58,450
Yeah.

692
00:53:59,010 --> 00:54:00,910
Did Ross have anything to say?

693
00:54:02,190 --> 00:54:03,990
No, I think Ross is

694
00:54:03,990 --> 00:54:07,990
I think he's really enjoying his time right now.

695
00:54:08,350 --> 00:54:09,350
As he should.

696
00:54:11,910 --> 00:54:12,690
Yeah, no.

697
00:54:12,690 --> 00:54:17,930
Ross gets a pass for not participating in Maxi Madness for sure.

698
00:54:19,790 --> 00:54:22,790
So wait, did this person beat Aaron, you said?

699
00:54:22,930 --> 00:54:23,110
Aaron?

700
00:54:23,350 --> 00:54:23,550
Yeah.

701
00:54:25,050 --> 00:54:26,570
So she beat Ross?

702
00:54:27,450 --> 00:54:28,330
She beat Ross.

703
00:54:28,510 --> 00:54:29,130
It was unbelievable.

704
00:54:30,370 --> 00:54:30,550
Wow.

705
00:54:32,590 --> 00:54:33,150
Okay.

706
00:54:35,090 --> 00:54:36,010
Interesting stuff.

707
00:54:36,010 --> 00:54:41,130
Okay, so Richard, one of the things you've done differently in this year's Maxi Madness

708
00:54:41,130 --> 00:54:50,350
is you have a real human singer perform the Maxi Madness song.

709
00:54:50,850 --> 00:54:52,010
What was the story there?

710
00:54:53,930 --> 00:54:54,170
Yeah.

711
00:54:57,230 --> 00:55:04,830
So I started talking to Noah right before Maxi Madness last year.

712
00:55:05,930 --> 00:55:09,850
And so this was like one of her first impressions of me

713
00:55:09,850 --> 00:55:16,970
was seeing maxi madness and i think she got excited about it lahav got excited about it and um

714
00:55:18,730 --> 00:55:25,770
so we're talking about it this year and uh you know i she she's been one of my big inspirations for

715
00:55:28,410 --> 00:55:33,210
taking my musical career more seriously and

716
00:55:33,240 --> 00:55:40,180
And so we talked quite a bit about music and, you know, different mechanics about it.

717
00:55:40,280 --> 00:55:43,860
She has been incredibly helpful for me on that front.

718
00:55:43,860 --> 00:55:49,000
And so I wrote the Maxi Madness song and I sent it to her.

719
00:55:49,880 --> 00:56:00,340
And she got very excited about it and took it upon herself to record herself singing it.

720
00:56:00,340 --> 00:56:03,340
and then she convinced Peter Todd

721
00:56:03,340 --> 00:56:05,460
to do a rap portion for it

722
00:56:05,460 --> 00:56:09,580
and then her and Lahav went and shot

723
00:56:09,580 --> 00:56:11,340
this unbelievable music video

724
00:56:11,340 --> 00:56:13,140
oh yeah

725
00:56:13,140 --> 00:56:21,340
it is an incredibly high quality music video

726
00:56:21,340 --> 00:56:25,420
unfortunately we won't be able to play the video itself

727
00:56:25,420 --> 00:56:26,880
this is an audio podcast

728
00:56:26,880 --> 00:56:30,760
but we'll play the song in a minute or two

729
00:56:30,760 --> 00:56:32,400
but yeah

730
00:56:32,400 --> 00:56:35,540
for anyone who hasn't watched it

731
00:56:35,540 --> 00:56:38,360
I will put the link to the video itself

732
00:56:38,360 --> 00:56:39,260
in the show notes

733
00:56:39,260 --> 00:56:41,480
so you can go check it out

734
00:56:41,480 --> 00:56:44,120
Lahav obviously masterful

735
00:56:44,120 --> 00:56:47,220
video editing and filming

736
00:56:47,220 --> 00:56:49,580
and camera work as well

737
00:56:49,580 --> 00:56:52,640
really well done

738
00:56:52,640 --> 00:56:56,520
so how did you write the song

739
00:56:56,520 --> 00:57:01,900
Richard, did you compose it on a piano, the melody,

740
00:57:02,180 --> 00:57:06,320
and then how did you do the arrangement and everything else?

741
00:57:08,140 --> 00:57:12,060
I just wrote it out and put it through a doodad, pretty much.

742
00:57:14,660 --> 00:57:17,920
No, it wasn't like super, super involved.

743
00:57:18,100 --> 00:57:22,420
I mean, I guess like the writing of the song was like years in the making

744
00:57:22,420 --> 00:57:27,360
with the previous Maxi Madnesses.

745
00:57:27,540 --> 00:57:30,980
So I think there's a lot of history and meaning to it

746
00:57:30,980 --> 00:57:35,700
to kind of build what it's about.

747
00:57:36,180 --> 00:57:41,280
But it was a relatively simple process of writing it,

748
00:57:41,280 --> 00:57:46,040
and then Noah just took it and brought it to the next level.

749
00:57:46,040 --> 00:58:01,180
all right well why don't we listen to it this is i do want to mention uh revolution rocks

750
00:58:01,180 --> 00:58:07,320
oh yeah yeah yeah we'll talk about it after the okay cool why don't we talk yeah yeah we have time

751
00:58:07,320 --> 00:58:08,460
We'll talk about it after.

752
00:58:09,520 --> 00:58:11,000
I had it on the list.

753
00:58:12,520 --> 00:58:21,900
So this is Maxi Madness written by Richard Greaser performed by Noel Grumman.

754
00:58:37,320 --> 00:58:49,320
Starry up, who made it all the way to the end? Harness destiny to be their friend. Will they be a hero of the plebs? Or will the villains spin their webs?

755
00:58:49,320 --> 00:58:55,320
A hard fought battle away to decide Maxi Madness' fate.

756
00:58:55,320 --> 00:59:01,320
They've been training all their lives.

757
00:59:01,320 --> 00:59:05,320
Hear the crowd of the moment arise

758
00:59:05,320 --> 00:59:07,320
Maxi Madness, Maxi Madness

759
00:59:07,320 --> 00:59:11,320
This is a battle for eternal glory

760
00:59:11,320 --> 00:59:13,320
To design the one who is worthy

761
00:59:13,320 --> 00:59:16,320
I'll put everything on the line

762
00:59:16,320 --> 00:59:19,320
In order to attempt the climb

763
00:59:19,320 --> 00:59:21,320
Only one will take home the crown

764
00:59:21,320 --> 00:59:24,320
Can you feel the madness all around?

765
00:59:24,320 --> 00:59:29,320
Who will be the champion?

766
00:59:29,320 --> 00:59:34,320
Like the legends from history, before them their enemies will flee

767
00:59:34,320 --> 00:59:39,320
Their weapons are their minds, trying to heal the world that is blind

768
00:59:39,320 --> 00:59:45,320
The most important contest of our time, exposing the money printer's crimes

769
00:59:45,320 --> 00:59:52,320
A hard thought, a battle away, to decide Maxi Magis' fate

770
00:59:52,320 --> 00:59:57,320
They've been trading all their lives

771
00:59:57,320 --> 01:00:01,320
I hear the crowd as the moment arrives

772
01:00:01,320 --> 01:00:03,320
Maxi Madness, Maxi Madness

773
01:00:03,320 --> 01:00:07,320
This is a battle for eternal glory

774
01:00:07,320 --> 01:00:09,320
To decide the one who is worthy

775
01:00:09,320 --> 01:00:12,320
They put everything on the line

776
01:00:12,320 --> 01:00:15,320
In order to attempt the climb

777
01:00:15,320 --> 01:00:17,320
Only one will take home the crown

778
01:00:17,320 --> 01:00:20,320
Can you feel the madness all around?

779
01:00:20,320 --> 01:00:24,320
Who will be the champion?

780
01:00:24,320 --> 01:00:27,360
It's slopping away to the top since a tale was born

781
01:00:27,360 --> 01:00:30,060
Dropping the molten fire, teaching the plebs about corn

782
01:00:30,060 --> 01:00:32,680
This battle is about Bitcoin or slavery

783
01:00:32,680 --> 01:00:35,300
And the champion is the one who shows bravery

784
01:00:35,300 --> 01:00:38,060
Defeating shadow bands when they thought we were not

785
01:00:38,060 --> 01:00:40,020
Fred running banks, running circles round

786
01:00:40,020 --> 01:00:43,820
Fiat cops, podcasting, cause the TV won't televise a revolution

787
01:00:43,820 --> 01:00:46,760
Cipherbunks, right-corn, the country value solution

788
01:00:46,760 --> 01:00:49,400
We're building the world into the first turning

789
01:00:49,400 --> 01:00:51,860
We're building as all the institutions are burning

790
01:00:51,860 --> 01:00:53,860
Making a room for compromise

791
01:00:53,860 --> 01:00:57,860
We're gonna fight till the day's beyond time

792
01:00:58,860 --> 01:01:03,860
They've been trading all their lives

793
01:01:03,860 --> 01:01:07,860
Hear the crowd as the moment arrives

794
01:01:07,860 --> 01:01:09,860
Maxi Madness, Maxi Madness

795
01:01:10,860 --> 01:01:13,860
This is the battle for eternal glory

796
01:01:13,860 --> 01:01:15,860
To define the one who is worthy

797
01:01:15,860 --> 01:01:18,860
They'll put everything on the line

798
01:01:18,860 --> 01:01:22,020
In order to attempt the climb

799
01:01:22,020 --> 01:01:24,520
Only one will take on the crown

800
01:01:24,520 --> 01:01:27,420
Can you feel the madness all around?

801
01:01:28,140 --> 01:01:30,400
Who will be the champion?

802
01:01:38,320 --> 01:01:40,880
Who will be the champion?

803
01:01:48,860 --> 01:01:51,820
Who will be the champion?

804
01:01:53,440 --> 01:01:56,080
Maxi Madness, Maxi Madness

805
01:01:56,080 --> 01:02:04,440
That was Maxi Madness by Richard Greaser and Noah Grumman.

806
01:02:04,440 --> 01:02:11,300
As always, folks, the 90% splits are in the song chapter.

807
01:02:12,100 --> 01:02:16,700
So if you like what you heard, then hit that rewind button

808
01:02:16,700 --> 01:02:19,720
and hit that boost button.

809
01:02:20,420 --> 01:02:25,580
90% of all boosts will go directly to the artist,

810
01:02:25,580 --> 01:02:29,040
which I presume gets further split, Richard,

811
01:02:29,120 --> 01:02:30,200
between you and Noah.

812
01:02:32,100 --> 01:02:34,340
Yeah, I set it up so it's 90% to Noah.

813
01:02:38,460 --> 01:02:40,380
I hope she gets rewarded for it.

814
01:02:40,480 --> 01:02:43,260
It'd be awesome if you guys boost,

815
01:02:43,360 --> 01:02:45,000
because it's just, this is,

816
01:02:45,000 --> 01:02:52,840
it's a very cool moment for me you know to be able to do this type of collaboration uh you know

817
01:02:52,840 --> 01:03:01,560
with individuals of this caliber and um uh and also i believe this is pretty monumental

818
01:03:01,560 --> 01:03:09,440
moment in uh bitcoin cultural history for a lot of reasons uh and i think it will continue to be

819
01:03:09,440 --> 01:03:11,060
going forward. I think

820
01:03:11,060 --> 01:03:14,140
Scardust

821
01:03:14,140 --> 01:03:17,740
and the individuals like Noah

822
01:03:17,740 --> 01:03:19,440
and Lahav that are

823
01:03:19,440 --> 01:03:21,760
involved in one way or another with Scardust

824
01:03:21,760 --> 01:03:26,080
it really

825
01:03:26,080 --> 01:03:28,060
marks a major shift in

826
01:03:28,060 --> 01:03:29,660
the

827
01:03:29,660 --> 01:03:31,800
Bitcoin social ecosystem

828
01:03:31,800 --> 01:03:33,860
and specifically the music

829
01:03:33,860 --> 01:03:35,920
ecosystem quite

830
01:03:35,920 --> 01:03:37,780
a bit and I think

831
01:03:37,780 --> 01:03:40,740
is a tremendously, tremendously big deal.

832
01:03:43,080 --> 01:03:44,000
Have them there.

833
01:03:44,300 --> 01:03:49,580
And so it's just, I'm really grateful for the relationship

834
01:03:49,580 --> 01:03:53,020
that we, you know, have built with each other

835
01:03:53,020 --> 01:03:57,620
and more opportunities to do these types of collaborations

836
01:03:57,620 --> 01:03:58,080
with them.

837
01:03:58,240 --> 01:03:58,900
It's been incredible.

838
01:04:01,020 --> 01:04:02,740
Yeah, I can only imagine.

839
01:04:03,560 --> 01:04:07,740
But I will say, Richard, Maxi Madness is Noah's second

840
01:04:07,740 --> 01:04:10,320
best Bitcoin song.

841
01:04:10,980 --> 01:04:12,380
The first best being

842
01:04:12,380 --> 01:04:13,200
Rip, of course.

843
01:04:14,500 --> 01:04:16,340
Although that's more of a video than a song,

844
01:04:16,520 --> 01:04:18,240
but it all ties in.

845
01:04:20,580 --> 01:04:22,220
Yeah, Rip's a good one.

846
01:04:22,500 --> 01:04:23,820
I was listening to it last night.

847
01:04:24,900 --> 01:04:26,440
Really, I genuinely

848
01:04:26,440 --> 01:04:27,700
really like the song.

849
01:04:28,360 --> 01:04:30,360
I thought, you know,

850
01:04:30,400 --> 01:04:32,140
for all of their, all of

851
01:04:32,140 --> 01:04:33,740
Skardos music, that was

852
01:04:33,740 --> 01:04:36,000
probably the

853
01:04:36,000 --> 01:04:43,720
the best choice you know to do a bitcoin themed music video i thought it came out very very well

854
01:04:43,720 --> 01:04:52,560
and uh video is incredible the message is incredible there there's so many cool easter eggs

855
01:04:52,560 --> 01:05:00,720
in it you know bitcoin talk forums uh the white paper it's just a lot of a lot of bitcoin history

856
01:05:00,720 --> 01:05:10,000
packed into this video and um i agree that's definitely their best uh

857
01:05:10,880 --> 01:05:20,080
their best bitcoin song for sure yeah so maxi madness um richard has sponsors this year i don't

858
01:05:20,080 --> 01:05:27,580
remember if you had sponsors last year but this year it's zeus uh predicts the right the prediction

859
01:05:27,580 --> 01:05:34,700
market on lightning soap minor and uh an interesting new entrant into the space called

860
01:05:34,700 --> 01:05:44,100
revolution rocks uh what do you know about revolution rocks richard i am so excited about

861
01:05:44,100 --> 01:05:52,360
this so this is a music festival happening in belgrade serbia and i i never thought to say that

862
01:05:52,360 --> 01:05:59,340
i would be going to serbia uh that that was a plan for me but uh now that this is happening i'm for

863
01:05:59,340 --> 01:06:09,340
sure gonna be going out there but it's a two-day event happening june 19th and 20th so the 19th

864
01:06:09,340 --> 01:06:18,280
is gonna be a music portion of it i got some great bands it's it's a good variety of individuals uh

865
01:06:18,280 --> 01:06:21,280
this is going to be my first time ever seeing scar dust.

866
01:06:21,400 --> 01:06:22,720
They're going to be headlining the event.

867
01:06:22,720 --> 01:06:28,500
And I think there's going to be some more artists that are added to this

868
01:06:28,500 --> 01:06:28,880
lineup.

869
01:06:29,120 --> 01:06:29,560
Uh,

870
01:06:30,000 --> 01:06:47,712
but you got scar dust headlining and then you got longy I been familiarizing myself with their music a little bit i not familiar with yeah um and then joe martin who i actually seen perform live uh you know he a great performer

871
01:06:47,712 --> 01:06:57,512
great musician low very fun band um and then the the legend uh roger 9000

872
01:06:57,512 --> 01:06:58,872
oh yeah

873
01:06:58,872 --> 01:07:02,732
I think there's going to be some more artists

874
01:07:02,732 --> 01:07:05,072
I guess I will have a DJ

875
01:07:05,072 --> 01:07:07,392
role somewhere in the

876
01:07:07,392 --> 01:07:09,152
festivities

877
01:07:09,152 --> 01:07:09,952
at some point

878
01:07:09,952 --> 01:07:11,092
so I heard

879
01:07:11,092 --> 01:07:15,092
I've been working

880
01:07:15,092 --> 01:07:16,612
real hard on

881
01:07:16,612 --> 01:07:18,672
a new electronic album

882
01:07:18,672 --> 01:07:20,832
or that specifically

883
01:07:20,832 --> 01:07:25,052
I'm really excited to get out there

884
01:07:25,052 --> 01:07:27,152
when I wrap it up

885
01:07:27,152 --> 01:07:30,352
but I think it'll be fun.

886
01:07:30,512 --> 01:07:36,472
I think music's incredibly important.

887
01:07:38,892 --> 01:07:44,232
It's incredibly important to coincide with a social movement.

888
01:07:44,232 --> 01:07:52,632
And I think we're at the point where it's time to build these,

889
01:07:52,632 --> 01:08:03,192
just energy around music natively in the bitcoin ecosystem and it doesn't have to be

890
01:08:03,192 --> 01:08:08,412
pleb slop music i think it could be like really really good music like i think there's a lot of

891
01:08:08,412 --> 01:08:13,312
things to write about other than buying bitcoin on a kyc exchange and putting out a hardware wallet

892
01:08:13,312 --> 01:08:19,592
like there's um or how the number's going to go up or you know whatever like there there's like a

893
01:08:19,592 --> 01:08:26,292
million things that you can write about uh but you can write things about topics that are relevant

894
01:08:26,292 --> 01:08:34,732
to individuals that are in this ecosystem and like you can get together with people that are in this

895
01:08:34,732 --> 01:08:42,212
you know social movement and i think one of the common uh frustrations that many people that are

896
01:08:42,212 --> 01:08:48,932
very interested in bitcoin have is they just feel very disconnected from a lot of other people

897
01:08:48,932 --> 01:08:53,812
because like you become very interested in this technology you you read a lot you learn a lot

898
01:08:53,812 --> 01:09:03,192
about topics that the rest of the world doesn't think about or know about and you you you start

899
01:09:03,192 --> 01:09:08,212
to live in this completely alternate reality from the average person and it can feel kind of

900
01:09:08,212 --> 01:09:16,632
isolating and so i think there's you know building ways for people to interact is together this is

901
01:09:16,632 --> 01:09:23,312
why like the conferences are so popular is because they're they're ways for people to you know kind

902
01:09:23,312 --> 01:09:30,912
of get together and around each other but you know at this point i think a lot of people want

903
01:09:30,912 --> 01:09:39,112
something more than just listening to panels or listening to you know talks for people uh you know

904
01:09:39,112 --> 01:09:44,112
which most of the talks at conferences are people just like selling whatever their product is um

905
01:09:44,112 --> 01:09:53,572
I think people are really looking for ways to really, you know, connect to each other, build these long lasting relationships with each other.

906
01:09:53,572 --> 01:09:56,752
And music's a great way to do it.

907
01:09:57,172 --> 01:09:59,792
I think music's one of the best ways to do it.

908
01:09:59,792 --> 01:10:10,572
Uh, and it's just, it's cool to have a festival with individuals that are all kind of coming

909
01:10:10,572 --> 01:10:17,012
from similar perspectives, have similar passions in a, in a really, really talented.

910
01:10:17,912 --> 01:10:25,392
Um, so I'm, uh, I think this is probably going to be one of the most important events that

911
01:10:25,392 --> 01:10:34,512
happens this year um and and i'm hoping that it's going to set a very real precedent uh and will

912
01:10:34,512 --> 01:10:41,552
continue to be a thing going forward because i think there's a lot to a lot to prove like if um

913
01:10:42,112 --> 01:10:47,232
and i'm confident because of the individuals involved with it that it's going to be executed

914
01:10:47,232 --> 01:10:54,452
very well but um when it's executed well it's it's gonna show

915
01:10:54,452 --> 01:11:03,552
it's gonna make a pretty big statement in my opinion um and i i hope that it's it makes a

916
01:11:03,552 --> 01:11:12,692
big enough statement that other people want to uh to replicate um and uh you know one of the

917
01:11:12,692 --> 01:11:20,692
challenges for scardust has just been you know consistently getting booked at shows they have a

918
01:11:20,692 --> 01:11:27,492
you know very big following but they they have trouble getting booked at shows and um i think

919
01:11:27,492 --> 01:11:31,172
there's an awesome opportunity to show up and support them especially when they're putting so

920
01:11:31,172 --> 01:11:36,892
much energy into like noah's out there doing live streams in front of you know tons and tons of

921
01:11:36,892 --> 01:11:47,012
people uh shilling nostor it's pretty cool to watch um you know talking about using she's using

922
01:11:47,012 --> 01:11:52,052
her platform to like teach people that are interacting with music about the value for

923
01:11:52,052 --> 01:12:02,232
value music industry and um i i believe that you know a community that is passionate about

924
01:12:02,232 --> 01:12:09,052
these technologies and ideas benefits greatly from you know supporting somebody like that

925
01:12:09,052 --> 01:12:16,532
and rewarding them for doing that that way you know other artists that are also talented and

926
01:12:16,532 --> 01:12:25,132
accomplished you know see the see the value in an ecosystem like this to really bringing

927
01:12:25,132 --> 01:12:36,032
like cultural enrichment to it no absolutely uh the agree with just about everything you said

928
01:12:36,032 --> 01:12:45,992
there richard the other thing that this um festival is aspiring to do and i believe will be able to do

929
01:12:45,992 --> 01:12:52,352
uh did you ever read that manifesto that roger 9000 put out maybe a couple of months ago

930
01:12:52,352 --> 01:12:55,372
I think he called it Sats for Sound

931
01:12:55,372 --> 01:12:57,312
and

932
01:12:57,312 --> 01:12:58,832
I'll give you some, if you haven't

933
01:12:58,832 --> 01:13:00,972
I'll give you and the listeners some background

934
01:13:00,972 --> 01:13:03,452
on this, so I spent a bit of time

935
01:13:03,452 --> 01:13:05,172
well, Roger and I

936
01:13:05,172 --> 01:13:07,132
go back a few years, but I got to

937
01:13:07,132 --> 01:13:08,632
spend quite a bit of time with him

938
01:13:08,632 --> 01:13:10,872
in England

939
01:13:10,872 --> 01:13:13,232
around BitFest, which is

940
01:13:13,232 --> 01:13:15,512
November of 2025

941
01:13:15,512 --> 01:13:17,292
also filming

942
01:13:17,292 --> 01:13:18,732
the Finding Home

943
01:13:18,732 --> 01:13:20,952
fourth episode with him, which will be out

944
01:13:20,952 --> 01:13:21,932
in a few weeks.

945
01:13:23,052 --> 01:13:25,412
But one of the things he told me

946
01:13:25,412 --> 01:13:27,592
was actually pretty shocking to me

947
01:13:27,592 --> 01:13:30,552
is, you know, you see more and more

948
01:13:30,552 --> 01:13:34,172
Bitcoin conferences add on,

949
01:13:34,232 --> 01:13:35,412
not quite a music festival,

950
01:13:35,552 --> 01:13:37,752
but a music night at the end, right?

951
01:13:37,832 --> 01:13:39,832
There's, you know, they get a few bands,

952
01:13:39,972 --> 01:13:41,192
you get someone like Joe Martin

953
01:13:41,192 --> 01:13:42,772
or someone else, right?

954
01:13:42,872 --> 01:13:46,092
The UK, you have folks like Roger and others.

955
01:13:47,592 --> 01:13:49,992
And the vast majority of the time,

956
01:13:49,992 --> 01:13:53,352
the artists don't actually get paid by these conferences.

957
01:13:53,632 --> 01:13:55,032
They're told straight up by the organizers,

958
01:13:55,212 --> 01:13:59,452
look, you get the exposure if you come here and play,

959
01:13:59,532 --> 01:14:02,272
but we're not in a position to pay you.

960
01:14:02,512 --> 01:14:05,712
And a lot of these musicians, they bite the bullet

961
01:14:05,712 --> 01:14:09,852
and they actually have to pay for their, you know,

962
01:14:09,972 --> 01:14:12,632
either their entire ticket and hotel

963
01:14:12,632 --> 01:14:15,412
or if the conference is gracious enough,

964
01:14:15,532 --> 01:14:16,972
they, you know, cover part of it.

965
01:14:16,972 --> 01:14:24,032
but the musicians still having to pay to be there which which was was mind-boggling to me

966
01:14:24,032 --> 01:14:31,672
like obviously the conference sees the value in the individual conference or meetup or whatever

967
01:14:31,672 --> 01:14:37,072
it might be right sees the value in this artist enough value to want them to come and perform

968
01:14:37,072 --> 01:14:42,412
right so there's a recognition there but they don't want to return the value to them now this

969
01:14:42,412 --> 01:14:44,332
This is my color on it, Richard.

970
01:14:44,632 --> 01:14:48,432
Obviously, Roger's Sats for Sound Manifesto,

971
01:14:48,612 --> 01:14:49,732
I think that's the name,

972
01:14:49,832 --> 01:14:52,672
was a lot more measured than the way I'm framing it.

973
01:14:52,992 --> 01:14:57,612
But it's basically a call to any organizers of Bitcoin events

974
01:14:57,612 --> 01:14:59,072
and to Bitcoin musicians saying,

975
01:14:59,152 --> 01:15:01,032
look, we've got to get paid

976
01:15:01,032 --> 01:15:06,112
if we're showing up there and performing our work.

977
01:15:07,332 --> 01:15:11,732
And to me, that is the most obvious statement anyone can make.

978
01:15:11,732 --> 01:15:19,092
obviously it's not true today so and there's a lot more uh nuance and detail in that manifesto

979
01:15:19,092 --> 01:15:27,752
around this topic but what we want to do is what the conference wants to do is raise enough money

980
01:15:27,752 --> 01:15:35,732
not conference the festival raise enough money to be able to actually pay all the performing artists

981
01:15:35,732 --> 01:15:41,012
first of all cover their expenses and then actually honor the value that they're providing by

982
01:15:41,012 --> 01:15:43,112
by showcasing their art there

983
01:15:43,112 --> 01:15:49,052
I think that's a great precedent to set

984
01:15:49,052 --> 01:15:50,012
and uh

985
01:15:50,012 --> 01:15:52,892
I think it's totally possible yeah

986
01:15:52,892 --> 01:15:55,012
it's wild when you

987
01:15:55,012 --> 01:15:56,692
actually get into the world of music

988
01:15:56,692 --> 01:15:57,752
and I

989
01:15:57,752 --> 01:16:01,212
I think it's important to have a conspiracy

990
01:16:01,212 --> 01:16:03,252
theory view of the world

991
01:16:03,252 --> 01:16:04,712
and why things are

992
01:16:04,712 --> 01:16:06,652
the way they are

993
01:16:06,652 --> 01:16:08,952
you know there's a reason

994
01:16:08,952 --> 01:16:09,632
why

995
01:16:09,632 --> 01:16:19,072
music is so gatekept and it's because it's so powerful it's such a powerful medium of uh

996
01:16:19,072 --> 01:16:27,932
communication and expression and if you can control the levers of who makes it and who doesn't you

997
01:16:27,932 --> 01:16:37,012
you really can retain the um control over the levers of power at the end of the day it's like

998
01:16:37,012 --> 01:16:42,032
why was uh you know all the shenanigans with diddy happening i mean you see that you see this

999
01:16:42,032 --> 01:16:52,392
in hollywood with with movies you see this in the media you see this with um just anywhere there's

1000
01:16:52,392 --> 01:16:59,652
you know any sort of power there there's a tremendous amount of control and you know the

1001
01:16:59,652 --> 01:17:06,972
the music industry is very like beast or famine in the sense of like you know you you're

1002
01:17:06,972 --> 01:17:13,992
open mic talks about a lot like you're you're making a lot of money when you're at the top and

1003
01:17:13,992 --> 01:17:22,812
you can um get these uh you know big stadium tours with uh live nation you know or whatever

1004
01:17:22,812 --> 01:17:28,132
and then you're kind of screwed at the bottom i mean it's like crazy where musicians will go

1005
01:17:28,132 --> 01:17:33,152
you know i see this in in places like you know your your average musician at the bar

1006
01:17:33,152 --> 01:17:50,144
that going and playing like an hour or two set might make like somewhere between like or which 80 dollars which is um you know really really kind of bummer and astounding and they you know some of these places like they just like world

1007
01:17:50,144 --> 01:17:54,784
renowned musicians and it's kind of wild to see uh

1008
01:17:55,344 --> 01:18:03,944
who makes it and and who doesn't you know oftentimes some of the musicians at the top

1009
01:18:03,944 --> 01:18:10,864
you know while they're very like talented they they are not the most talented uh there there's a lot of

1010
01:18:10,864 --> 01:18:17,184
effort that goes into you know kind of making certain people and cherry picking um

1011
01:18:17,844 --> 01:18:28,584
cherry picking some and and not allowing others to uh really um like break out and have success and

1012
01:18:28,584 --> 01:18:34,344
I'd like to see that change

1013
01:18:34,344 --> 01:18:35,764
and I think

1014
01:18:35,764 --> 01:18:36,784
one of the reasons

1015
01:18:36,784 --> 01:18:39,224
one of the ways that you can change that

1016
01:18:39,224 --> 01:18:41,984
it's not just

1017
01:18:41,984 --> 01:18:43,584
changing the mechanisms

1018
01:18:43,584 --> 01:18:45,844
like Spotify or

1019
01:18:45,844 --> 01:18:49,564
going to Wave Lake or

1020
01:18:49,564 --> 01:18:51,944
things like that. I think it's really about convincing

1021
01:18:51,944 --> 01:18:54,004
individuals of the importance

1022
01:18:54,004 --> 01:18:55,864
that

1023
01:18:55,864 --> 01:18:58,264
individuals

1024
01:18:58,264 --> 01:19:06,204
like musicians and artists provide society and why they should be actively engaged if they if

1025
01:19:06,204 --> 01:19:13,244
they find value in what they do there's a there's a lot of ways to to to show up and support people

1026
01:19:13,244 --> 01:19:19,244
uh besides just you know giving them monetary support but i also think it's important to give

1027
01:19:19,244 --> 01:19:25,504
them monetary support you know however you can and um afford it because they they do have costs

1028
01:19:25,504 --> 01:19:28,804
at the end of the day but like you know for individuals that are like well i don't have like

1029
01:19:28,804 --> 01:19:35,084
tens of thousands of dollars to to be you know a notable patron of this musician like there there

1030
01:19:35,084 --> 01:19:41,644
are tons of ways that you can you know support them because a huge part of what is limiting to

1031
01:19:41,644 --> 01:19:49,984
a lot of musicians is discoverability um and and just the way the algorithms kind of make or break

1032
01:19:49,984 --> 01:20:01,404
people and i i feel like you know if if you want to have dissident opinions and and you want to take

1033
01:20:01,404 --> 01:20:07,404
them places you kind of have to think of of like an think like an underdog and a dissident of like

1034
01:20:07,404 --> 01:20:15,524
you you can't play the game the way that the game has been constructed and you have been told to

1035
01:20:15,524 --> 01:20:23,824
play you have to come up with creative um solutions to to operate outside of the the rule sets uh that

1036
01:20:23,824 --> 01:20:33,764
are assigned to you um and uh and i think events like this is you know a big part of it is just

1037
01:20:33,764 --> 01:20:40,564
like if the system isn't working for you then you you kind of have to build your own at the end of

1038
01:20:40,564 --> 01:20:49,244
day and um and so my my hope is that people can get really you know excited about this event um

1039
01:20:49,244 --> 01:20:59,264
and see you know how much of a big opportunity it is uh to to actually you know make a meaningful

1040
01:20:59,264 --> 01:21:04,744
difference in the world of music and like really support some incredible artists that that deserve

1041
01:21:04,744 --> 01:21:06,224
being supported.

1042
01:21:07,844 --> 01:21:07,944
Yeah.

1043
01:21:09,684 --> 01:21:10,284
Definitely

1044
01:21:10,284 --> 01:21:13,184
an event

1045
01:21:13,184 --> 01:21:14,964
to look forward to. By the way,

1046
01:21:15,204 --> 01:21:17,264
it is, the location

1047
01:21:17,264 --> 01:21:19,384
is in Belgrade on the Danube

1048
01:21:19,384 --> 01:21:21,664
River. It's a

1049
01:21:21,664 --> 01:21:22,904
floating bar

1050
01:21:22,904 --> 01:21:24,524
called Zappa.

1051
01:21:25,204 --> 01:21:26,784
How perfect is that?

1052
01:21:27,324 --> 01:21:29,704
A Zappa bar for a

1053
01:21:29,704 --> 01:21:30,984
Valley for Valley

1054
01:21:30,984 --> 01:21:32,704
live concert.

1055
01:21:34,744 --> 01:21:42,984
yeah that was pretty great i mean one of the things that um has been wild for me is like i

1056
01:21:42,984 --> 01:21:51,804
have a lot of uh good friends that are musicians that have gone about things a different way

1057
01:21:51,804 --> 01:21:58,804
than i have because my only experience with music has been engaging in the bitcoin value for value

1058
01:21:58,804 --> 01:22:07,184
community and um i think i've had a lot of cool opportunities you know that they they haven't

1059
01:22:07,184 --> 01:22:14,404
because um the mechanisms of uh earning and stuff are here are so great but yeah it's going to be a

1060
01:22:14,404 --> 01:22:20,324
toaster event which is going to be live streamed which is going to be you know great but yeah the

1061
01:22:20,324 --> 01:22:24,984
location is cool i think belgrade i did some research on belgrade the the first thing that

1062
01:22:24,984 --> 01:22:34,644
i started reaching researching was um was it safe uh and from what i've seen it's it's relatively

1063
01:22:34,644 --> 01:22:39,364
safe it's probably safer than paris france that's that's pretty low bar

1064
01:22:39,364 --> 01:22:51,144
the only bit of research that i was able to see about any potential issues is you want to

1065
01:22:51,144 --> 01:22:54,584
you know potentially watch out for like pickpockets or something but i think that's

1066
01:22:54,584 --> 01:22:55,284
pretty promising.

1067
01:22:56,944 --> 01:22:57,424
Yeah.

1068
01:22:58,544 --> 01:23:00,284
Pickpockets are par for the course in

1069
01:23:00,284 --> 01:23:02,184
any city, any big city.

1070
01:23:06,704 --> 01:23:08,424
Yeah. I mean, that's pretty easily

1071
01:23:08,424 --> 01:23:09,824
mitigatable, but

1072
01:23:09,824 --> 01:23:16,004
yeah, I don't know. Have you ever been

1073
01:23:16,004 --> 01:23:18,104
on a concert on a floating boat?

1074
01:23:20,964 --> 01:23:22,144
On a...

1075
01:23:22,144 --> 01:23:23,884
There's a

1076
01:23:23,884 --> 01:23:25,884
yes

1077
01:23:25,884 --> 01:23:27,444
in a manner of speaking

1078
01:23:27,444 --> 01:23:29,884
there's the Jones Beach Theater

1079
01:23:29,884 --> 01:23:30,664
in Long Island

1080
01:23:30,664 --> 01:23:34,024
and I went

1081
01:23:34,024 --> 01:23:36,004
to see Dream Theater perform

1082
01:23:36,004 --> 01:23:37,984
there a couple of times actually

1083
01:23:37,984 --> 01:23:39,724
so short answer

1084
01:23:39,724 --> 01:23:41,544
is yes but

1085
01:23:41,544 --> 01:23:43,984
it's more like a barge or a

1086
01:23:43,984 --> 01:23:46,064
wharf than a boat I suppose

1087
01:23:46,064 --> 01:23:49,904
it'll be a first time

1088
01:23:49,904 --> 01:23:51,924
for me I'm sure it'll be a lot

1089
01:23:51,924 --> 01:23:53,344
of fun oh yeah

1090
01:23:53,344 --> 01:23:58,704
I'm just wondering how much is going to move around

1091
01:23:58,704 --> 01:24:02,724
and how that will impact the Scardust mosh pit

1092
01:24:02,724 --> 01:24:09,184
I mean, you know, the photos look great

1093
01:24:09,184 --> 01:24:14,524
obviously you have to be there in person to get the real sense of it

1094
01:24:14,524 --> 01:24:17,684
the photos of the venue itself look great

1095
01:24:17,684 --> 01:24:20,964
I think the capacity is about 800 people

1096
01:24:20,964 --> 01:24:23,444
so it should be a nice

1097
01:24:23,444 --> 01:24:25,024
tightly packed

1098
01:24:25,024 --> 01:24:27,744
and warm event for that time of year

1099
01:24:27,744 --> 01:24:31,884
one of the things that I'm excited

1100
01:24:31,884 --> 01:24:34,024
about is I think because it's in Europe

1101
01:24:34,024 --> 01:24:35,564
it's going to be largely a

1102
01:24:35,564 --> 01:24:37,584
European scene

1103
01:24:37,584 --> 01:24:39,804
I think the first person that told me

1104
01:24:39,804 --> 01:24:41,684
about this event actually was Daniel Prince

1105
01:24:41,684 --> 01:24:43,324
and

1106
01:24:43,324 --> 01:24:49,604
it would be a very different scene

1107
01:24:49,604 --> 01:24:50,944
than what I'm used to

1108
01:24:50,964 --> 01:25:01,444
you've been to europe though right yes i have been to europe been a long time but i i have been to

1109
01:25:01,444 --> 01:25:09,384
europe i'm going to try and avoid the uk at all costs that place is just so horrible but i think

1110
01:25:09,384 --> 01:25:17,824
is pretty nice you know i i will just to not not that i have any particular or specific reason to

1111
01:25:17,824 --> 01:25:24,104
defend the UK but my trip to for BitFest to London and to Manchester was was very pleasant

1112
01:25:24,104 --> 01:25:31,804
it was very nice actually so there's that I've never been to Serbia myself so I'm looking forward

1113
01:25:31,804 --> 01:25:38,924
to it is the week after BTC Prague so for those of you listening who will be at BTC Prague you

1114
01:25:38,924 --> 01:25:46,484
know it's just a short I don't know if it's a short drive but I'm sure the flight is an hour

1115
01:25:46,484 --> 01:25:52,424
at most, maybe less, and incredibly cheap once you're in Europe.

1116
01:25:53,364 --> 01:26:01,024
Unlike in the States, Richard, New York to Boston can go up to 500, 600 bucks sometimes.

1117
01:26:01,484 --> 01:26:06,704
But in Europe, that distance would be under 100 euros, maybe even 20, 30 euros.

1118
01:26:07,704 --> 01:26:12,564
That's one nice thing they've managed for some of these shorter, I guess you could call

1119
01:26:12,564 --> 01:26:16,864
of domestic in some sense domestic to europe flights they've managed to control the cost

1120
01:26:16,864 --> 01:26:24,964
somehow yeah i think the state subsidizes a lot of a lot of the flights believe is how it works but

1121
01:26:24,964 --> 01:26:35,184
um yeah it's uh europe's it's wild living in the u.s because it's just like such a big and

1122
01:26:35,184 --> 01:26:42,944
and vast country and you can kind of go all around europe because it's uh it's just it's crazy how

1123
01:26:42,944 --> 01:26:49,104
like culturally diverse it is and um how small it is at the same time like the u.s is pretty

1124
01:26:49,104 --> 01:26:54,244
culturally diverse uh here but we like all almost all universally speak english correctly

1125
01:26:54,244 --> 01:26:59,824
and they they all have like some people speak english incorrectly some people don't even speak

1126
01:26:59,824 --> 01:27:01,704
English. It's crazy.

1127
01:27:03,764 --> 01:27:04,284
Yeah.

1128
01:27:05,284 --> 01:27:06,704
Gotta teach him, man.

1129
01:27:08,284 --> 01:27:09,624
Alright, let's...

1130
01:27:09,624 --> 01:27:11,884
Last thing I wanted to talk to you about is

1131
01:27:11,884 --> 01:27:14,084
podcasting.

1132
01:27:14,384 --> 01:27:16,344
Or rather, the state of podcasting.

1133
01:27:16,924 --> 01:27:17,944
I am sensing,

1134
01:27:18,644 --> 01:27:19,624
and I have been sensing

1135
01:27:19,624 --> 01:27:21,904
in the last three or four months,

1136
01:27:22,944 --> 01:27:23,384
some

1137
01:27:23,384 --> 01:27:25,384
strong

1138
01:27:25,384 --> 01:27:27,304
bear market apathy

1139
01:27:27,304 --> 01:27:29,664
vibes from the podcast

1140
01:27:29,664 --> 01:27:30,724
listening audience.

1141
01:27:31,804 --> 01:27:32,864
Downloads are down.

1142
01:27:33,144 --> 01:27:34,644
I know we were talking about this

1143
01:27:34,644 --> 01:27:36,904
a month or two ago, Richard,

1144
01:27:37,084 --> 01:27:39,064
but I was talking to Daniel Prince about it,

1145
01:27:39,084 --> 01:27:40,164
a couple of others as well.

1146
01:27:40,884 --> 01:27:42,904
Downloads are down, boosts are down,

1147
01:27:43,264 --> 01:27:44,164
zaps are down.

1148
01:27:45,884 --> 01:27:50,724
Are you seeing something similar now

1149
01:27:50,724 --> 01:27:52,844
or was that just a passing thing

1150
01:27:52,844 --> 01:27:54,224
for you back then when we spoke?

1151
01:27:56,584 --> 01:27:58,844
I think our downloads are up,

1152
01:27:58,844 --> 01:28:03,464
but that's just like a number i'd never pay attention to because i don't think it matters

1153
01:28:03,464 --> 01:28:08,944
like the the only number that i really pay attention to boot is boost and the boosts are

1154
01:28:08,944 --> 01:28:16,944
definitely down uh yeah it's definitely like a bear market like people pretty discouraged right

1155
01:28:16,944 --> 01:28:22,944
now uh kind of universally i think like when you start to go and you look out at the world around

1156
01:28:22,944 --> 01:28:30,204
you it's just psyop city out there right now like the world is at war um and it's behaving like it's

1157
01:28:30,204 --> 01:28:36,344
at war the internet's behaving like the world's at war where there's a there's a ton of ton of

1158
01:28:36,344 --> 01:28:54,016
narratives um that are going i think what what being revealed is like a lot of the plebs like what keeps them going is getting glazed by like influencers and and you know companies you know with vc money that are incentivized to glaze the plebs and like

1159
01:28:54,016 --> 01:28:59,296
the vcs aren't funding those companies anymore so like the glaze isn't being funded and so like a

1160
01:28:59,296 --> 01:29:07,876
lot of people are getting sad because they were like hooked on it on on glaze um and uh it's a

1161
01:29:07,876 --> 01:29:16,236
combo of that and i think the combo of like there there's some pretty intense psychological

1162
01:29:16,236 --> 01:29:22,496
pressures happening on people right now um as they're just looking at the world around them

1163
01:29:22,496 --> 01:29:29,616
like i think a lot there's it's one thing to be listening to macro doom slop you know for years

1164
01:29:29,616 --> 01:29:37,516
of like you know listen to these gen x zoom or gen x um doomers go on you know podcasts and talk

1165
01:29:37,516 --> 01:29:44,256
about like how everything's gonna fall apart um and then actually watching it happen and experiencing

1166
01:29:44,256 --> 01:29:48,556
it like i think a lot of people had this expectation in their heads of like oh you know

1167
01:29:48,556 --> 01:29:52,936
we listen to 40 hours of bitcoin podcast so that when everything falls apart we're gonna

1168
01:29:52,936 --> 01:29:57,136
like you know have a great time and everybody else is gonna have fun staying poor and i just

1169
01:29:57,136 --> 01:30:07,656
like that i think that was a really bad expectation um to have uh and so i think it's just it's it's

1170
01:30:07,656 --> 01:30:14,596
beyond just like the price of bitcoin it's you talk to the average person right now and they're

1171
01:30:14,596 --> 01:30:21,876
very discouraged like i think this summer is going to be a very very intense time like you know you're

1172
01:30:21,876 --> 01:30:31,876
watching uh energy prices skyrocket globally and like in the u.s they they are a lot like um i don't

1173
01:30:31,876 --> 01:30:38,816
think it's it's close it's not quite double what they were uh earlier this month at the beginning

1174
01:30:38,816 --> 01:30:45,736
of the month but it's like approaching the range of of gasoline prices doubling in a month and um

1175
01:30:45,736 --> 01:30:51,676
you know you you look at a lot of these plebs and like just to make ends meet like a lot of

1176
01:30:51,676 --> 01:31:00,516
have driving delivery jobs like people are um doing things like contracting for amazon or driving

1177
01:31:00,516 --> 01:31:09,636
uber lyft or uber eats or you know postmates things like that uh to try to try and get by

1178
01:31:09,636 --> 01:31:16,776
um as they're they're dealing with increasing inflation and it's just it's like you you have

1179
01:31:16,776 --> 01:31:23,216
all of these these things coming together and i think there's a larger reason than just like

1180
01:31:23,216 --> 01:31:29,936
people don't have conviction in bitcoin like i think it's a really difficult time um emotionally

1181
01:31:29,936 --> 01:31:36,296
and like everybody you interact with is either crashing out on on the verge of crashing out

1182
01:31:36,296 --> 01:31:44,376
and so i think generally speaking people are discouraged and exhausted and it's it's hard to

1183
01:31:44,376 --> 01:31:52,076
be unaffected by that and so i think that's part of the reason uh on top of the you know just the

1184
01:31:52,076 --> 01:32:00,436
kind of unexciting um like the influencers aren't glazing you the world is hard there's a lot of

1185
01:32:00,436 --> 01:32:10,376
emotional pressure going on there's wars happening crazy shit happening um and i just think it's

1186
01:32:10,376 --> 01:32:14,756
important you know for the podcast listeners and podcasters to just realize like the responsibility

1187
01:32:14,756 --> 01:32:21,576
that you have right now um to be able to you know do something like if you're not a complete retard

1188
01:32:21,576 --> 01:32:28,336
and um you have some semblance of what's going on in the world like you're really in a powerful

1189
01:32:28,336 --> 01:32:38,396
place where you can do a lot of uh offer a lot of good to people um and uh i i i've never been

1190
01:32:38,396 --> 01:32:46,956
more excited personally so i think um i've just been trying to invite people into the first turning

1191
01:32:46,956 --> 01:32:51,816
like you know i know things are hard but it doesn't mean that you have to have a bad time

1192
01:32:51,816 --> 01:32:59,616
and have a club slot pity party like it's uh like the whatever you're dealing with and like

1193
01:32:59,616 --> 01:33:07,756
the struggle that you got going on doesn't mean that you you have to have a bad time like struggle

1194
01:33:07,756 --> 01:33:18,396
brings you into the potential of being your best self like it pushes you in ways that the easy times

1195
01:33:18,396 --> 01:33:26,296
don't like it's an opportunity to grow it's an opportunity um to to really you know find

1196
01:33:26,296 --> 01:33:31,816
your limits and and that's ultimately you know an awesome thing like when you can look at the

1197
01:33:31,816 --> 01:33:36,796
struggle instead of just like oh fuck like you know i was supposed to have like an easy like

1198
01:33:36,796 --> 01:33:44,176
fiat the old life where i could have a timeshare like you know my boomer parents did or whatever

1199
01:33:44,176 --> 01:33:51,756
um and you know do nothing and then retire and then go gamble my my social security away at

1200
01:33:51,756 --> 01:33:59,036
slot machines like you're like resentful and pissed off about that um i think that's a bummer

1201
01:33:59,036 --> 01:34:06,456
because it's just like the ease and the comfort is the wrong thing to to desire in my opinion

1202
01:34:06,456 --> 01:34:12,156
Like it's the best thing to desire in life is a sense of purpose and meaning.

1203
01:34:14,696 --> 01:34:32,176
And I think one of the most exciting things about being in and around Bitcoin is you have the best potential out of almost anybody in the world right now of being able to achieve that sense of purpose and meaning.

1204
01:34:32,176 --> 01:34:37,556
because you have so much more freedom than other people do

1205
01:34:37,556 --> 01:34:41,756
because of these technologies if you use them correctly.

1206
01:34:42,676 --> 01:34:49,576
And so I don't think it's something to squander, discourage,

1207
01:34:49,696 --> 01:34:50,896
or take for granted.

1208
01:34:51,156 --> 01:34:54,036
I think it's something to be very excited about and grateful.

1209
01:34:54,296 --> 01:34:55,796
And I truly am.

1210
01:34:56,016 --> 01:35:00,656
I truly am because I will go and interact with normies from time to time,

1211
01:35:00,656 --> 01:35:03,096
just be talking to them, smoking cigarettes,

1212
01:35:03,236 --> 01:35:04,876
and they're fucking in outer space.

1213
01:35:05,076 --> 01:35:06,856
They have no idea what's going on right now.

1214
01:35:10,136 --> 01:35:10,656
Yeah.

1215
01:35:10,656 --> 01:35:10,696
Yeah.

1216
01:35:14,276 --> 01:35:17,896
That all makes sense, Richard.

1217
01:35:18,376 --> 01:35:21,656
Largely been my experience as well.

1218
01:35:22,216 --> 01:35:23,876
There is a lot of despair,

1219
01:35:25,196 --> 01:35:27,436
but there's hope as well.

1220
01:35:27,436 --> 01:35:32,296
And perhaps what's needed is a nudge.

1221
01:35:32,816 --> 01:35:34,116
That's all people need sometimes.

1222
01:35:36,956 --> 01:35:41,256
So anything else, Richard, you want to talk about?

1223
01:35:41,596 --> 01:35:45,096
I think we covered pretty much what we needed to on Maxi Madness.

1224
01:35:45,776 --> 01:35:47,276
The Bugle, by the way, congratulations.

1225
01:35:48,216 --> 01:35:50,116
Celebrated your 100th episode recently.

1226
01:35:50,936 --> 01:35:55,356
I remember I had you on the show.

1227
01:35:55,356 --> 01:35:57,416
you just had your first or second episode

1228
01:35:57,416 --> 01:35:58,556
so

1229
01:35:58,556 --> 01:36:00,816
it's about almost two years then right

1230
01:36:00,816 --> 01:36:03,656
um

1231
01:36:03,656 --> 01:36:07,076
yeah yeah

1232
01:36:07,076 --> 01:36:09,076
I guess

1233
01:36:09,076 --> 01:36:10,936
104 would be two years

1234
01:36:10,936 --> 01:36:12,136
because we do one every week

1235
01:36:12,136 --> 01:36:14,236
that's kind of crazy

1236
01:36:14,236 --> 01:36:16,696
yeah

1237
01:36:16,696 --> 01:36:18,216
that's great

1238
01:36:18,216 --> 01:36:20,296
yeah

1239
01:36:20,296 --> 01:36:23,096
I appreciate the support

1240
01:36:23,096 --> 01:36:24,136
Clubchain

1241
01:36:24,136 --> 01:36:28,436
you guys have been one of the biggest supporters of Beagle

1242
01:36:28,436 --> 01:36:29,256
from the very beginning.

1243
01:36:30,156 --> 01:36:38,096
You've been kind of what has kept me interested in Nostar

1244
01:36:38,096 --> 01:36:42,556
and the Nostar ecosystem single-handedly.

1245
01:36:42,816 --> 01:36:44,136
So I appreciate that.

1246
01:36:47,356 --> 01:36:52,736
When you guys went to Foundations subscriptions,

1247
01:36:52,736 --> 01:36:59,296
i jumped on that immediately because i i think that plug chain

1248
01:36:59,296 --> 01:37:08,336
has a very important role and uh you know i've continued to see that with you as you continue

1249
01:37:08,336 --> 01:37:15,156
to jump on um stuff that's cool and interesting and matters with your finding home series and

1250
01:37:15,156 --> 01:37:18,956
being involved in the

1251
01:37:18,956 --> 01:37:19,916
music

1252
01:37:19,916 --> 01:37:22,476
value for value music

1253
01:37:22,476 --> 01:37:23,356
ecosystem

1254
01:37:23,356 --> 01:37:26,676
being involved with this music festival

1255
01:37:26,676 --> 01:37:30,876
yeah

1256
01:37:30,876 --> 01:37:32,656
I appreciate you a lot Avi

1257
01:37:32,656 --> 01:37:34,576
and likewise

1258
01:37:34,576 --> 01:37:37,076
Richard thank you for those

1259
01:37:37,076 --> 01:37:38,176
kind words

1260
01:37:38,176 --> 01:37:40,136
certainly both

1261
01:37:40,136 --> 01:37:43,036
you and Rod are

1262
01:37:43,036 --> 01:37:48,756
Bitcoin culture would be very, very different

1263
01:37:48,756 --> 01:37:52,536
if the bugle hadn't been there.

1264
01:37:52,776 --> 01:37:54,036
So appreciate you as well.

1265
01:37:55,436 --> 01:37:55,936
All right.

1266
01:37:57,256 --> 01:38:00,236
Well, thank you, Mr. Greaser.

1267
01:38:00,656 --> 01:38:03,796
And thank you to our live stream audience

1268
01:38:03,796 --> 01:38:05,896
for keeping the chat so lively,

1269
01:38:06,136 --> 01:38:09,216
for listening and for your zaps.

1270
01:38:10,076 --> 01:38:12,256
If you are listening to the recording,

1271
01:38:12,256 --> 01:38:19,876
as always, notice what you didn't hear today. You didn't hear me reading an ad for an AI-powered

1272
01:38:19,876 --> 01:38:26,176
HR software, and you didn't hear me pitching recruitment platforms that ghost your resume.

1273
01:38:26,936 --> 01:38:34,956
I don't do that here. On the lightning-laced airwaves, the only sponsor is you. If you found

1274
01:38:34,956 --> 01:38:41,296
value in this conversation, if it gave you a new mental model, a moment of clarity, or just

1275
01:38:41,296 --> 01:38:47,676
respite from the noise, then please consider returning that value. You can stream stats as

1276
01:38:47,676 --> 01:38:54,536
you listen on your favorite podcasting 2.0 app, or you can become a monthly subscriber to the show

1277
01:38:54,536 --> 01:39:04,396
on Fountain to keep the signal strong. You are the producers of this vibe. And for those of you

1278
01:39:04,396 --> 01:39:06,796
who want to shape the next show,

1279
01:39:07,396 --> 01:39:08,776
the mic is open.

1280
01:39:09,156 --> 01:39:11,656
Whether you want to ratify the sermon

1281
01:39:11,656 --> 01:39:12,656
with your own story

1282
01:39:12,656 --> 01:39:15,356
or rectify it with a counterpoint,

1283
01:39:16,236 --> 01:39:18,356
the executive producer slot

1284
01:39:18,356 --> 01:39:19,696
is waiting for you.

1285
01:39:20,196 --> 01:39:21,056
All you have to do

1286
01:39:21,056 --> 01:39:22,856
is check the leaderboard

1287
01:39:22,856 --> 01:39:24,896
and boost in.

1288
01:39:25,576 --> 01:39:27,696
The minutes are open for next week.

1289
01:39:28,396 --> 01:39:29,016
Until then,

1290
01:39:29,016 --> 01:39:30,196
stay sovereign.

1291
01:39:34,396 --> 01:39:51,516
Shoppa Springs