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podcasting 2.0 for September
17 2021, Episode 54 Power to the

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People. Okay, maybe not as
cryptic as some might think.

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Everybody is time once again,
it's the board meeting of

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podcasting. 2.0 we've got
everything that's happening at

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podcasts index.org all about
every development in the

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namespace and of course, the
gossip and the good stuff from

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podcasts index dot social. I'm
Adam Curry here in the heart of

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Hill Country, Texas, and in
Alabama, whatever you do, don't

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call him Tiny Tim Say hello to
my friend on the other end Mr.

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Dave Jones. You Yo, what up? Did
you see the game yesterday?

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Yeah, no, I watched the MTV
Video Music Awards foolishly.

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Okay, I was trying to be more
manly because we like we went

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all emotional last week.

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Now, I'd like you did a live sad
puppy and that paid off man did

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a good job.

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By the end of the show. I mean,
like we were we were like one

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step away from crying from dirty
dancing.

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We were gonna crack open a
Chardonnay and have a rough day.

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Yeah. Yeah, so this is a special
a special board meeting. Reason

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being I forget what was your
problem this Friday?

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We're going to be in Chicago. Oh
yeah. Melissa we we our

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anniversary was last month so we
didn't have a chance to do

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anything for it. So we're going
to riot fest

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oh my goodness Music Fest Yeah,
Chicago. Oh wow. You know the

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keepers got Oh, right. Are they
saying you need to be vaccinated

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is that the

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they said they're going to have
testing you can have either a

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negative test or vaccine going
negative test and they said they

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would have testing at the gate?

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gate? Yes. That's interesting
was just like yeah, coffin my

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direction. No, you're good.
Well, it tells me it does take a

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few minutes at least it said 20
to 30 minutes Okay, well if they

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could do that the gate that'll
be really interesting. I

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am afraid of this review like a
repeat of our Bitcoin Miami

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conference gate.

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Bitcoin fire festival is that
what you mean? Yes, exactly. And

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I would suggest getting a test
outside of the at the gate

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business.

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Well, they said that you could
have you could do the at home

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test. But what you have to do is
get the test like take the test

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at home and then and then do
their little submit it through

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an app and get an email and I'm
like,

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Yeah, I wouldn't trust that
that's what I like about Rogen.

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He just has a nurse there he's
just sit there and she does the

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whole thing and gives you the
results and just hang out

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Yeah, we're not we're not fancy
enough to have we are nowhere

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near

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the nurse level. Wait a minute.
That depends of course. Get a

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nurse for Tiny Tim Yeah, nice
All right, ma'am. So and we have

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a guest today who we're going to
be talking to in a moment and

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and we need to work we Yes we
do. We need to coordinate some

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some schedule some time. Since
he's he's on the other side of

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the firmament.

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What is it with us and
Australians? I mean, oh, I can

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tell you is the center of the
podcast Bitcoin universe for

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some reason?

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Well first of all, I'm happy
that we have our allies with us

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because the French were
definitely starting to make some

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noise in podcasting, you know,
cast a pod guys and we have to

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push them back a bit with some
English speaking people. English

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is in quotes there is right. To
me. What we'll talk about it. I

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think Australians have some very
similar qualities to Americans.

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I think so too.

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So it's it's really born from
rebellion. Yeah, exactly. The

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pioneering spirit, the
rebellion, you know, the slave

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bracelets, all of that stuff is
very much like America. That Do

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we need to talk about any?
Anything in the namespace?

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Because I know we kind of we
didn't get to that we just

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talked about namespace for being
being up.

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Yeah, let's see. I had a bunch
of stuff listed out to talk

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about last week that you didn't
even get to in my real Bhumi and

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here's this you know, memo?

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Yeah, you're in the bunker video
here. Yeah. It's a little boom

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Yeah. You don't have anything on
the walls yet. You need to use

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some stuff on the wall. Yeah, I

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got I got nothing in here.

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In do what we used to do when we
were kids, egg cartons.

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I've got this. I got this little
thing. Is this how But Oh,

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no. What is that?

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Is this any different?

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I don't know. Yeah, a little
bit. A little bit. Yeah, sounds

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better.

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I can like stuff this behind the
mic. Oh, yeah, I

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was gonna say what I do in any
hotel room. Just put a pillow

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behind the mic. Good to go.
Sounds like you're perfect. It's

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your spot on. I don't even I
don't even I don't even hear the

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drywall.

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I fix that with with 75 cents
for the phone. Yeah, I got a

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bunch of stuff here. One thing
we need to talk about is pod

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paying. Not necessarily
namespace quick. But like, at

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Alex, he released pod pain pipe
writer, right like 1.0? Yeah.

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Dan? Yeah. The Hive writer.
Yeah. Nice.

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Now, this is this is a script
that you can run that will write

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to the blockchain live way.

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Yeah, what this is, so for
people who don't understand sort

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of the chain of, of components
in in pod pain.

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Maybe, maybe we should explain
what it is first, just a

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refresher of what pod ping does.
Yeah,

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pod ping, takes incoming feed
URLs, podcast feed URLs, and

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writes them to the hive
blockchain. And the reason it

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does that is because hive is a
public blockchain. And anybody

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can read from it. But you can
only write to it if you have

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record posting keys. And so
that's the way that it works to

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what you have, what you need, is
you need some way to get these

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URLs and place them on the
blockchain in a in a way that

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you're using posting keys that
are meant to have been blessed

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by a sort of a master posting
account. And I'll take it

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one step back, just for one
second, the concept behind pod

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ping is to circumvent the issues
Apple is having as an example.

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So or, or any aggregator instead
of having to go and check 4

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million feeds, we have over four
and a half million, or have

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schedules when it's most
efficient, which is just a huge

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waste of resources, because all
you're doing is checking to see

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if something's new, instead of
this being a pool operation. pod

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ping turns this around. And the
hosting companies or even self

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posters can send their URL
through the system. And then

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that in theory gets picked up
well certainly gets picked up by

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podcast index, but by any other
aggregator making the full

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publish to App round trip time
about 40 seconds instead of two

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days with Apple sometimes.

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And I'll say that I do not for
the life of me understand why

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this has not proceeded fast,
like more adoption faster. I

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just do not understand it. It's
a no that. I know that big

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players are looking at it. But
honestly, I mean, this is a this

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is a rapid feed update
notification system that is

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built specifically for podcasts.
And

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it's decentralized by its very
nature. Yes.

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So that's that's the
decentralized part is the part

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that Alex is working on.
Specifically, this one

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component, the part that takes
I've, excuse me the part that

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takes the URL and writes it to
hive to the blockchain. But he

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didn't that's the part of the
he's been darker rising and

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cleaning up the code and re
engineering everything to make

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it bulletproof.

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Oh, cool. So I can just load a
Docker and then fire off a

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script and it'll work.

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Exactly nice. Yes. And you'll
have you'll have a set of

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posting keys Browns already made
you so you get high power. You

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already have.

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I have high power. high power.

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Yes, every anime vision you can
think of you have this now.

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Cool. So any like what this is
at 1.0. Now he released it

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today. Nice. I haven't even had
a chance to load it yet. But so

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what what pod pink cloud does is
takes that component hive writer

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and puts a front end on it for
HTTP and an author in an

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authentication mechanism. And it
makes it where hosts don't have

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to run their own. They don't
have to run the hive writer

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themselves will Whoa. It's like,
it's like us hosting it for

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them.

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Right. Or I could host it for
them. Anybody could host the

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hive writer for Yeah,

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yeah, exactly. So that's that
pink cloud is just the hive

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writer with a web server front
end on it. Got it. Cool. Yeah.

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Yeah. So and his his progress on
that now allows me to go and

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modify the front end To fit the
next step of what we're doing

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with live notifications, and all
that kind of stuff,

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we're really in a very
interesting place. If you just

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look at the the overall media
podcast reporting, the stories,

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the trends, we're in a place
when I, you know, I feel these

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things very much the vibe on
different apps and services. And

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I would say we're in a spot
right now, where Apple is seen

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as you as the boomer app, like
this thing. Yeah, yeah, it's

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just crusty. You know, it's not
really fresh the way that people

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expected the refresh to be
Spotify is just getting

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slaughtered everywhere. As as
not a great podcast app. Not a

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great experience, I would say.
And this is, you know, of

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course, I smile about this and
think Well, yeah, and new

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podcast apps calm. That's where
everybody should go find

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something new. It may not be the
slickest just yet, but man,

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we've got cool features. We're
really, really making the

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experience something new. And
I'm excited about the live tag

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for the next step. Yeah, I

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really want to get let us be the
guinea pig on that. I mean, we

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feel like we can

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this show. Yeah. Oh, okay. All
right. All right. Well, I

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mean, we got so what we need to
Steven, only Steven B. To help

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us put live tag into Curio
blaster. Yep. Then we can throw

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that in there. And then as soon
as I get pod ping cloud,

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engineered to send a live
notification. We can get we can

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get that thing a shot. And

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I can just give a stream URL as
the enclosure. Is that

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the idea? Yeah, it'll be an
alternate enclosure. Love it. By

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the

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way. Thank you, Steven B. I
published no agenda, I think

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already told everyone that did
that with the RSS generator,

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built into Curio caster very
enjoyable experience. There's

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one thing that that I forgot is
the channel image. And within an

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hour, Steven had put in a sync
channel Image button. big red

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button works really well. And I
think what I saw him post is

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that he's going to do with you
right now if you want to create

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a new episode, you can copy the
previous episodes contents, I

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think now that you know now upon
loading the entire feed, he'll

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also pull in the value blocks
which would be incredibly cool

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to be able to have that as a
template cuz there's a lot more

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options than I was comfortable
with for putting it in for the

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last show, as we promised, and
then we all got busy, I guess.

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Well, there we need to ask our
guest today.

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Yeah, for like a lightning node.
Yeah. If not, then we'll give

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him one. Yeah. I've got my

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make this stuff work.

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So we've already talked talk so
much about why we just bring

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them in. Yeah, sure. Yeah. Hold
on a second. Do you have the

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keys? Wait.

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Yeah, there you go.

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Oh, no, no, that's not that's
not the right one.

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That's a big kitchen. It's a big
one. Those big jam.

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There we go. Ladies and
gentlemen, please welcome to the

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00:13:08,519 --> 00:13:12,029
board room. The man who has more
degrees than a Texas summer sun

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00:13:12,029 --> 00:13:16,949
Bitcoin evangelists. He's a BMG,
and me and GSC and an MBA and an

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00:13:16,949 --> 00:13:19,679
element op. Please welcome
hosmer cook.

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00:13:20,730 --> 00:13:24,570
Great to be here. Thanks for
having us. Big fan. Big fan of

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00:13:24,570 --> 00:13:28,080
what you guys do. And yeah,
can't wait to rip in we'll be

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hitting the boost plenty of
times today. I'm sure.

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Oh, man. He's already he's
already into the into the

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league. Now Haas is it has Haas
Haas, how do you how do we

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00:13:38,219 --> 00:13:40,199
pronounce your first very
unique?

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00:13:41,250 --> 00:13:45,480
Yeah, it has like mess. Okay.
Has so like there's that that

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like the that? I always say?
Like the avocado. So there's an

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00:13:49,770 --> 00:13:53,280
avocado that like the popular
branded avocados? Yeah, the Hass

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00:13:53,280 --> 00:13:54,330
type avocado.

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The reason I said Hoss is
because we have Haas racing in

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the United States. Yes, yes.
spelled the same way not doing

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00:14:03,720 --> 00:14:04,710
they're not doing too well.

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They're not doing too well. The
Formula One at least in the US.

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touchy subject. So you're in in
Australia, I think it's morning

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for you. And we really
appreciate you coming on Dave

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00:14:18,300 --> 00:14:22,080
set this whole thing up. And
he's, I'm actually gonna let

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Dave get us going here because I
think Dave was the one who

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really was concerned about
getting some good information

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about Bitcoin in general, which
we always love getting but also

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about the energy consumption,
you are the man to go to and

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lots of people are excited about
this interview.

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Yeah. So one of the reasons I
wanted to get you on has is

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because in especially in
podcasting, there's a lot of

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like environmental, social
awareness around, you know, just

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energy usage and climate change
and all this kind of thing. And

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I know that whenever it's a
topic now, I mean, it's been for

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00:14:57,780 --> 00:15:02,220
a while, but really sort of the
Fudd has been escalating. You

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00:15:02,220 --> 00:15:05,310
got you have articles in the New
York Times now just led this

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00:15:05,310 --> 00:15:09,210
past week about Bitcoin in
you're using more energy than

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100 whole countries and all this
kind of jazz. And so, you know,

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I think a lot of it, if you read
through it a lot of is just your

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00:15:16,590 --> 00:15:20,580
typical sort of Fudd that I want
I wanted to get you on, because

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I know some people within the
podcast world are going to be

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concerned about that we don't
want to maybe maybe we should

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jump to this other crypto or
something that's less, you know,

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environmentally damaging. But I
really do feel like a lot of it.

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A lot of the stuff right now
specifically, a lot of it is

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just, it's just fun. I mean, I
read the New York Times article,

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00:15:41,280 --> 00:15:43,620
I don't know if you saw it, but
I mean, there's some of this

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00:15:43,620 --> 00:15:46,260
stuff, and there was just lies,
it's just flat out not true.

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So, so like a lot of it. So So
here's the thing. So here's a

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00:15:50,849 --> 00:15:55,859
cover or statement, which I
think will will, will set the

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00:15:55,859 --> 00:16:01,979
tone for the rest of the
podcast. So these people are not

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00:16:02,009 --> 00:16:08,339
interested in energy. People are
interested in power.

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00:16:10,169 --> 00:16:11,999
Oh, wow, I love that.

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Okay, and then, and then that
this sets the tone for the rest

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00:16:15,960 --> 00:16:18,180
of the conversation, because the
numbers are what the numbers

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00:16:18,180 --> 00:16:21,750
are. And the numbers are coming
out of our ears. It's how the

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00:16:21,750 --> 00:16:26,490
numbers are framed. Right? So if
these guys actually cared about

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00:16:26,490 --> 00:16:29,940
energy, like Bitcoin doesn't use
any energy, like, sure, maybe it

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00:16:29,940 --> 00:16:33,360
uses as much as Ireland, but
Ireland doesn't use any energy.

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00:16:37,380 --> 00:16:41,610
Yeah, yeah, I love those
comparisons is like how much

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00:16:41,790 --> 00:16:44,670
Island doesn't they still use
candles? But yeah, Bitcoin is

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00:16:44,670 --> 00:16:45,090
more.

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So one of the one of the things
that I like about your approach,

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00:16:50,070 --> 00:16:56,850
though, is you focus, you tend
to focus on emissions. Because

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00:16:56,850 --> 00:17:01,200
you can, you can claim energy
usage in a lot of different

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ways. So like, for instance, a
lake, I mean, a lake is is a

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00:17:04,650 --> 00:17:09,030
huge consumer of energy, solar
and geothermal, it consumes a

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00:17:09,030 --> 00:17:12,870
lot of energy, but its emissions
output is negligible. So the

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00:17:12,870 --> 00:17:16,380
energy consumption doesn't
really doesn't really tell you

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00:17:16,380 --> 00:17:18,750
anything about his impact on the
environment, it's really

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00:17:18,750 --> 00:17:22,500
emissions output, and you you
tend to you show in a lot of

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00:17:22,500 --> 00:17:26,430
your material that the emissions
output of Bitcoin is very small,

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00:17:27,660 --> 00:17:31,710
yet so so again, so going back
to the coverall, statement,

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00:17:32,370 --> 00:17:38,250
power versus, versus versus
energy, because this is more of

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00:17:38,250 --> 00:17:45,240
a of a quest for power and
control and whatnot. You know, a

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00:17:45,240 --> 00:17:49,500
lot of effort has been put into,
and a lot of success has been

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00:17:49,500 --> 00:17:55,950
had in conflating terms. So the
conflation of the word energy,

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00:17:56,160 --> 00:18:00,030
and the word electricity. To a
lot of these people, it means

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00:18:00,030 --> 00:18:04,410
the exact same thing, whereas,
you know, all, all electricity

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00:18:04,410 --> 00:18:08,640
is energy, but not all energy is
electricity. So on the contrary,

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only about 20% of the energy we
produce as a civilization is

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00:18:13,680 --> 00:18:20,730
electric energy. The rest is
transport hate, and waste. But

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00:18:20,760 --> 00:18:25,950
now they've conflated, you know,
electricity and, and an energy.

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00:18:26,520 --> 00:18:31,920
That's a bad thing. They've also
conflated energy with emissions.

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00:18:31,980 --> 00:18:35,910
And you know, all energy use is
dirty. And the only way we can

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00:18:35,910 --> 00:18:39,210
clean ourselves is by stop,
like, using energy.

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00:18:39,420 --> 00:18:44,160
My favorite my favorite house is
conflation of carbon dioxide,

291
00:18:44,160 --> 00:18:47,520
which is now just carbon. Yeah,
it's another one. That's one of

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00:18:47,520 --> 00:18:48,330
my favorites.

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00:18:48,869 --> 00:18:54,749
And, and not just that, carbon
dioxide with greenhouse gases.

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00:18:56,609 --> 00:19:00,779
Like it like, again, it's like
electricity and energy. So all

295
00:19:00,779 --> 00:19:04,379
carbon dioxide is a greenhouse
gas, but not all greenhouse

296
00:19:04,379 --> 00:19:09,629
gases are carbon dioxide, right?
Yeah, you know, for example, is

297
00:19:09,629 --> 00:19:15,899
a huge one. So so because of the
conflation of electricity and

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00:19:16,769 --> 00:19:20,699
energy, people think that
Bitcoin needs electricity to

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00:19:20,699 --> 00:19:27,959
run. This is incorrect. Bitcoin
just needs energy to run and

300
00:19:27,959 --> 00:19:32,369
therefore Bitcoin can eat
methane from a from a natural

301
00:19:32,369 --> 00:19:37,349
gas flare, for example. So it's
so so this is basically also

302
00:19:37,349 --> 00:19:40,619
what the debate is. So Adam,
Dave, I'm on the clock here.

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00:19:40,769 --> 00:19:45,599
I've got 30 seconds, explained
the profundity of Bitcoin to me

304
00:19:45,749 --> 00:19:48,629
and the justification of his
energy use go.

305
00:19:49,680 --> 00:19:54,270
Okay, I hide this Adam Curry
Hill Country, Texas. I'm going

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00:19:54,270 --> 00:19:57,180
to answer this by saying, I
think it's because Bitcoin fixes

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00:19:57,180 --> 00:19:58,020
everything.

308
00:19:59,670 --> 00:20:02,100
This Explain God and give three
examples.

309
00:20:03,270 --> 00:20:06,870
So this is this is basically
where we're stuck. So yeah,

310
00:20:06,900 --> 00:20:10,800
like, you know, what's what's
the right approach to answering

311
00:20:11,460 --> 00:20:16,230
you know, answering this Fudd I
suppose, you know, as as Bitcoin

312
00:20:16,230 --> 00:20:20,520
and as a as a Bitcoin community,
there is no there's no such

313
00:20:20,520 --> 00:20:26,310
thing as as a wrong approach to
answering this Fudd as long as

314
00:20:26,310 --> 00:20:30,030
you know more and more people do
it in their own particular way,

315
00:20:30,060 --> 00:20:35,670
I think we will eventually, you
know, break down a lot of

316
00:20:35,670 --> 00:20:39,510
barriers, but but I feel that
the whole debate is just

317
00:20:39,510 --> 00:20:45,360
hamstrung because of the of the
pollution in, in the

318
00:20:45,360 --> 00:20:49,350
definitions. All the waters have
been muddied. And it's very,

319
00:20:49,380 --> 00:20:53,340
it's very difficult to define,
you know, what the terms of this

320
00:20:53,430 --> 00:20:55,710
of this discussion, even our I
think

321
00:20:55,710 --> 00:21:01,320
there's also a pure problem in
the difference between Bitcoin

322
00:21:02,640 --> 00:21:08,280
economics, the network, how it
functions, and which of course,

323
00:21:08,820 --> 00:21:12,600
has pros and cons for certain
people who I think there's

324
00:21:12,600 --> 00:21:15,450
people who are genuinely
concerned about the environment

325
00:21:15,450 --> 00:21:20,250
or power. I'm good either way, I
have my own thoughts about it.

326
00:21:21,090 --> 00:21:23,280
So the friends The New York
Times article, both of those

327
00:21:23,280 --> 00:21:26,730
people were climatologist they
work at NGOs, you know, it was

328
00:21:26,730 --> 00:21:29,910
all three people. They were
really just anything to be in

329
00:21:29,910 --> 00:21:33,030
the in the papers saying, Oh,
well, you know, it was almost a

330
00:21:33,030 --> 00:21:37,020
virtue signal article. Then
there's a lot of people who use

331
00:21:37,140 --> 00:21:41,880
that argument, Elizabeth Warren,
Senator Warren as an example, to

332
00:21:41,880 --> 00:21:44,940
discredit Bitcoin, where she is
really much more interested in

333
00:21:44,940 --> 00:21:51,480
the monetary aspect. And, and I
think she's one of the people

334
00:21:51,480 --> 00:21:55,950
who is behind the CBC, or CBD,
central bank, digital currency

335
00:21:55,950 --> 00:22:00,090
bill from a year and a half ago.
So this this these different

336
00:22:00,090 --> 00:22:04,440
camps. And it's one thing to
have to explain to a banker who

337
00:22:04,440 --> 00:22:07,980
just hates Bitcoin and only sees
the US dollar, because they have

338
00:22:07,980 --> 00:22:13,620
complete control over making it
versus someone who says, Well,

339
00:22:13,740 --> 00:22:18,750
I'm a democratic socialist, here
are my questions. Isn't isn't it

340
00:22:18,750 --> 00:22:21,570
true that eventually, only the
rich people will have all the

341
00:22:21,570 --> 00:22:25,410
Bitcoin, and it's going to kill
us within 10 years because of

342
00:22:25,410 --> 00:22:27,930
climate change? So those are
kind of the two things that I

343
00:22:27,930 --> 00:22:30,750
deal with. And both have to be
approached in a different way, I

344
00:22:30,750 --> 00:22:31,170
think,

345
00:22:31,980 --> 00:22:37,530
Oh, yeah, absolutely. Like, the
thing is, like, you know, sit me

346
00:22:37,530 --> 00:22:42,870
down with a, with a socialist,
who is genuine, who is a genuine

347
00:22:42,870 --> 00:22:46,200
socialist, and is genuine about
socialism, and its goals and all

348
00:22:46,200 --> 00:22:50,940
that kind of stuff. And also sit
me down, like with a genuine

349
00:22:50,940 --> 00:22:55,350
environmentalist, or just 15 to
20 minutes, and I'll have both

350
00:22:55,350 --> 00:22:59,070
of them signing up for a job at
Great American mining

351
00:22:59,100 --> 00:23:00,180
stack and stats.

352
00:23:02,369 --> 00:23:05,639
Because Because seriously, if
you are concerned about the

353
00:23:05,639 --> 00:23:10,619
environment, really genuinely
concerned about like, you know,

354
00:23:10,679 --> 00:23:14,969
global warming and the future,
and, and like, and you are not a

355
00:23:14,969 --> 00:23:18,449
Bitcoin or you are not a serious
person,

356
00:23:18,629 --> 00:23:19,859
can you explain this?

357
00:23:21,510 --> 00:23:25,890
Sort of, for example, so, yeah,
like plastic pollution, we order

358
00:23:25,890 --> 00:23:29,730
all this, you know, cheap ship
from China, ends up in

359
00:23:29,730 --> 00:23:34,050
landfills, spend spend, spend,
we got to have inflation. And,

360
00:23:34,200 --> 00:23:38,430
you know, none of that is
causing global warming. It's,

361
00:23:38,460 --> 00:23:42,570
it's my VA, that's like that's
causing global warming. It's not

362
00:23:42,570 --> 00:23:46,320
like it's not the actual, you
know, Fiat monetary system

363
00:23:46,320 --> 00:23:51,630
itself. You know, ridiculously
Miss allocating capital, cheap

364
00:23:51,630 --> 00:23:55,560
money, money out of thin air,
just driving by, by by spend,

365
00:23:55,560 --> 00:24:00,360
spend spend. So, you listed, you
know, some of my some of my

366
00:24:02,370 --> 00:24:05,790
credentials early on. Yes. So,
I'm not getting into

367
00:24:05,790 --> 00:24:10,200
credentialism but one of those
was was a was B and which is my,

368
00:24:10,260 --> 00:24:13,710
my Bachelor of Engineering. So I
was, you know, and still am a

369
00:24:13,710 --> 00:24:19,320
civil engineer two days a week
these days. But when I was doing

370
00:24:19,380 --> 00:24:21,960
my environmental engineering
subjects,

371
00:24:22,020 --> 00:24:23,910
there's a lot of work there
these days for the civil

372
00:24:23,910 --> 00:24:30,930
engineers narra K. barricades
there.

373
00:24:32,099 --> 00:24:35,849
But the but the main focus,
like, like when we were doing

374
00:24:35,879 --> 00:24:40,169
like environmental management,
you know, like coursework was

375
00:24:40,169 --> 00:24:42,299
like running out of stuff.

376
00:24:43,560 --> 00:24:45,210
Right? Yeah. Like we

377
00:24:45,210 --> 00:24:48,660
are running out of shit
basically, like, so when when

378
00:24:48,660 --> 00:24:53,760
when the term says that we came
up with sustainability, right,

379
00:24:53,760 --> 00:24:56,580
which is like a term that's come
up from like the 70s and 80s. It

380
00:24:56,580 --> 00:25:01,050
basically meant to say we are
running out of shit. We are

381
00:25:01,050 --> 00:25:03,750
running out of fresh water.
We're like we're running out of

382
00:25:03,750 --> 00:25:07,650
stuff. Like we need to be
sustainable. Right? And we've

383
00:25:07,650 --> 00:25:11,910
lost all of this, like we've got
it like, like, you'd have to

384
00:25:11,910 --> 00:25:14,970
talk to a civil engineer to
really like understand the

385
00:25:14,970 --> 00:25:20,580
beauty like of landfilled. And
like landfill technology and how

386
00:25:20,580 --> 00:25:24,300
many billions of lives have been
saved, you know, through urban

387
00:25:24,300 --> 00:25:28,980
sanitation. Like, we need to
stop throwing things away like

388
00:25:28,980 --> 00:25:33,750
that sustainability. And we
cannot move, like, to a

389
00:25:33,750 --> 00:25:37,740
sustainable society without
sustainable money. Yeah, so

390
00:25:37,740 --> 00:25:41,250
totally agree. So like, so if
you're not a Bitcoin, or like,

391
00:25:41,730 --> 00:25:44,820
you're not a serious, you know,
environmentalist, you're not a

392
00:25:44,820 --> 00:25:48,600
serious socialist. What the
socialists forget is if I have a

393
00:25:48,600 --> 00:25:53,490
million Bitcoin, and you know, I
decided to like, you know, build

394
00:25:53,490 --> 00:25:57,300
a naval, you know, Empire, a
evil capitalist, you know, pig

395
00:25:57,300 --> 00:26:01,680
Empire or whatever. Like, if I
spend this million Bitcoin,

396
00:26:01,740 --> 00:26:05,580
like, there's no reprints for
me, like, I have to figure out a

397
00:26:05,580 --> 00:26:09,540
way to make this million Bitcoin
back, and most likely, I won't.

398
00:26:10,260 --> 00:26:13,860
So if they want, like, fair bell
curve, wealth distribution, like

399
00:26:13,860 --> 00:26:17,700
I'm not gonna say, it's gonna
happen in a year, but in 1000

400
00:26:17,700 --> 00:26:20,790
years, yeah, Bitcoin will
probably have like a good bell

401
00:26:20,790 --> 00:26:24,540
curve distribution, with like,
three standard deviations away

402
00:26:24,540 --> 00:26:30,270
from the mean, like ultra super
whale rich, you know, 3%, three

403
00:26:30,270 --> 00:26:32,460
standard deviations from the
mean, on the other side, like,

404
00:26:32,490 --> 00:26:35,760
you know, super poor, but you
have a big enough strong enough

405
00:26:35,760 --> 00:26:39,330
like middle class that can, you
know, look after the ultra poor

406
00:26:39,330 --> 00:26:43,380
without needing like, government
intervention. Like I really do

407
00:26:43,380 --> 00:26:48,660
believe that the only way to
this utopia is through Bitcoin

408
00:26:48,690 --> 00:26:54,420
and, and even Bitcoin is not a
quick way there. But it's

409
00:26:54,420 --> 00:26:58,920
probably our strongest weapon,
like in the fight to get there.

410
00:26:59,460 --> 00:27:04,260
So for people that believe what
I believe, yeah, fuckin a, let

411
00:27:04,260 --> 00:27:06,330
it use as much power as
Argentina.

412
00:27:08,190 --> 00:27:10,440
That's one thing that I would
add that I was thinking about

413
00:27:10,440 --> 00:27:14,940
today is, I mean, even if, even
if the worst case points brought

414
00:27:14,940 --> 00:27:19,230
up by, you know, by bitcoins
detract, or the energy

415
00:27:19,230 --> 00:27:24,090
detractors from Bitcoin were
true, may not throw out, do a

416
00:27:24,090 --> 00:27:26,580
lot of this stuff lately,
because it's just, it's just not

417
00:27:26,580 --> 00:27:30,240
true. But even if even if some
of these things were true, that

418
00:27:30,240 --> 00:27:33,750
still doesn't mean that Bitcoin
should be stopped or attacked,

419
00:27:33,750 --> 00:27:36,990
or, or, you know, that kind of
thing. Because some things are

420
00:27:36,990 --> 00:27:41,130
just worth spending the world's
energy on things like, I mean,

421
00:27:41,130 --> 00:27:43,920
we have, there are things that
are worth spending energy on

422
00:27:44,070 --> 00:27:48,030
food, clothes, vaccines, air
conditioning, house

423
00:27:48,030 --> 00:27:53,280
construction, I mean, we spend
resources, devise energy and

424
00:27:53,280 --> 00:27:56,940
resources, devising ways to make
those things better all the

425
00:27:56,940 --> 00:28:02,160
time. And to me, if you can
spend resources on a better

426
00:28:02,160 --> 00:28:06,450
money, better money is one of
those things that's worth

427
00:28:06,450 --> 00:28:09,990
spending energy on have having a
money that doesn't, you know,

428
00:28:10,320 --> 00:28:13,590
harm people through inflation,
and politically motivated

429
00:28:13,590 --> 00:28:17,340
banking and on all the Million
Ways that that governments have

430
00:28:17,340 --> 00:28:21,420
screwed up money. That to me
that's worth spending energy on.

431
00:28:22,230 --> 00:28:25,980
Is it probably we've people have
been put under a spell. Now this

432
00:28:25,980 --> 00:28:29,130
is what happens when you have
very powerful forces who are

433
00:28:29,520 --> 00:28:34,440
100%, anti Bitcoin, have just
launched this with all of these

434
00:28:34,440 --> 00:28:38,160
comparisons, as you say, yeah,
sure, Ireland, Okay, great, they

435
00:28:38,160 --> 00:28:42,210
don't use any energy, they don't
really don't use much. I don't

436
00:28:42,210 --> 00:28:48,570
even know if, if that's the
right approach to some of these,

437
00:28:48,600 --> 00:28:52,830
some of these questions, I just
feel like we have to come at it

438
00:28:52,830 --> 00:28:55,080
from a very different way,
instead of always on the

439
00:28:55,080 --> 00:28:57,720
defensive, I that's why I kind
of like the idea of you know, if

440
00:28:57,720 --> 00:29:01,920
you can easily explain moving
forward, how it solves all these

441
00:29:01,920 --> 00:29:05,760
problems, which is just hard and
it has to be individualized. But

442
00:29:05,970 --> 00:29:09,390
maybe you should just take a
different tactic and just club

443
00:29:09,390 --> 00:29:11,070
these people over the head and
move on.

444
00:29:11,580 --> 00:29:13,680
So that's what it says. So
that's why I'm saying like,

445
00:29:13,680 --> 00:29:17,580
eventually, though, you will
have like, you know, a socialist

446
00:29:17,610 --> 00:29:21,060
that has been sat down and
orange pilled and he goes and

447
00:29:21,090 --> 00:29:24,150
orange pills, his socialist
friends in their socialist way.

448
00:29:24,900 --> 00:29:27,870
You know, the beauty of Bitcoin
not having a marketing

449
00:29:27,870 --> 00:29:32,520
department is that we are the
marketing department, right?

450
00:29:33,060 --> 00:29:35,970
There's just no cmo telling us
what to do. We just, you know,

451
00:29:35,970 --> 00:29:43,050
work for Bitcoin. And, like, off
we go, you know, like, and, you

452
00:29:43,050 --> 00:29:47,970
know, you know, with with time,
eventually, like, the numbers

453
00:29:48,060 --> 00:29:52,170
like the numbers start to speak
for themselves. Now, I'm not,

454
00:29:52,290 --> 00:29:56,940
I'm not a fan of like, rules and
you know, forcing people to do

455
00:29:56,940 --> 00:30:03,570
things but I think Anyone that
writes an article similar to

456
00:30:03,570 --> 00:30:09,120
like the New York Times article,
like from last week should also

457
00:30:09,120 --> 00:30:15,090
be forced to short Bitcoin. They
don't have to disclose what how

458
00:30:15,090 --> 00:30:17,880
big their short position is
because they do have to disclose

459
00:30:17,880 --> 00:30:22,530
that a short has been opened
based on their research into

460
00:30:22,530 --> 00:30:24,690
like coming up with these
things. So anyone that tells you

461
00:30:24,690 --> 00:30:28,440
like Bitcoin uses as much, you
know, per transaction as a house

462
00:30:28,440 --> 00:30:32,340
that uses two months, like I
tell them to go and short

463
00:30:32,340 --> 00:30:32,910
Bitcoin.

464
00:30:33,930 --> 00:30:37,620
Let me let me break here's a
here's an example that we keep

465
00:30:37,620 --> 00:30:39,960
talking about this. Some of
these articles that have they've

466
00:30:39,960 --> 00:30:43,590
come out with with so here's one
example from the New York Times

467
00:30:43,590 --> 00:30:46,830
article is globally, estimates
of bitcoins you use of

468
00:30:46,830 --> 00:30:52,410
renewables range from about 40%,
almost 75%. But in general,

469
00:30:52,410 --> 00:30:55,890
experts say using renewable
energy to power Bitcoin mining

470
00:30:56,070 --> 00:30:58,980
means it won't be available to
power a home or a factory or an

471
00:30:58,980 --> 00:31:03,030
electric car. That's just the
dumbest statement ever. If so,

472
00:31:03,030 --> 00:31:06,480
if I've got 10 solar panels on
my house, that means this 10

473
00:31:06,480 --> 00:31:08,940
less than the guy down the
street can have on his house. I

474
00:31:08,940 --> 00:31:10,560
mean, is that what we're talking
about? I mean, it's just like

475
00:31:10,560 --> 00:31:12,390
childhood level stuff.

476
00:31:14,339 --> 00:31:19,139
Ya know, that like that one that
one is, is like definitely like,

477
00:31:19,979 --> 00:31:24,329
like, that one's just a straight
out lie. Bitcoin is generally

478
00:31:24,329 --> 00:31:29,759
speaking non rival. The Yes,
Bitcoin does use a lot of solar

479
00:31:29,759 --> 00:31:34,439
and wind. But the reason it does
is because it buys the solar and

480
00:31:34,439 --> 00:31:39,329
wind very cheaply, and advise it
very cheaply, because this solar

481
00:31:39,329 --> 00:31:43,889
and wind would have probably
gone to waste otherwise. So

482
00:31:43,889 --> 00:31:48,479
it's, it's definitely not taking
taking away from like charging a

483
00:31:48,479 --> 00:31:53,909
kid's toy car. But in terms of
charging, like vehicle vehicles,

484
00:31:54,569 --> 00:31:57,599
like here are the numbers. So
remember how I told you not all

485
00:31:58,049 --> 00:32:04,079
energy is electricity. So in
terms of the the whole world's

486
00:32:04,079 --> 00:32:12,569
grid, we make 26,000 terawatt
hours of energy per year, so

487
00:32:12,569 --> 00:32:20,489
26,000 just you know, road
vehicles, passenger vehicles

488
00:32:20,519 --> 00:32:27,299
worldwide needs about 26,000 by
itself. So to get every

489
00:32:27,299 --> 00:32:31,259
passenger vehicle turned
electric and charging on the

490
00:32:31,259 --> 00:32:34,499
grid, we need to double the
world's grid. And we haven't

491
00:32:34,499 --> 00:32:35,819
started on trucks yet.

492
00:32:35,970 --> 00:32:39,510
Right? Right. You know, wait,
wait, wait, this is gonna

493
00:32:39,510 --> 00:32:44,340
deliver a great new high paying
union jobs. The green new deal

494
00:32:44,340 --> 00:32:45,420
was gonna be groovy

495
00:32:46,770 --> 00:32:48,000
Yes, super groovy.

496
00:32:50,700 --> 00:32:55,050
How does a good decent civil
engineer get wrapped up in this

497
00:32:55,050 --> 00:32:58,440
evil Bitcoin? What happened?
When did you get orange pilled

498
00:32:59,010 --> 00:33:04,470
So, so I've I just finished the
get this have a have a look at

499
00:33:04,470 --> 00:33:07,410
how hilarious This is. So again,
this isn't correct. You can read

500
00:33:07,410 --> 00:33:10,830
credentialism and humble
bragging This is probably a

501
00:33:10,830 --> 00:33:16,140
confession of regret. So I sat
through a one year MBA program

502
00:33:16,260 --> 00:33:20,760
at the University of Oxford,
right, starting in September

503
00:33:20,760 --> 00:33:26,070
2012. And I did not hear the
word Bitcoin mentioned

504
00:33:26,100 --> 00:33:29,190
once. Oxford everybody. Yeah,

505
00:33:29,310 --> 00:33:33,960
I discovered it in my summer
break. During my MBA on Reddit,

506
00:33:34,380 --> 00:33:37,920
and the Winklevoss twins, they
finished their MBA at Oxford the

507
00:33:37,920 --> 00:33:42,510
year before me so they were the
outgoing class and during my MBA

508
00:33:42,570 --> 00:33:48,450
at Oxford of all places, right
you just you know, quote unquote

509
00:33:48,480 --> 00:33:53,580
elite MBA you pay all this money
to go and like basically if

510
00:33:53,580 --> 00:33:55,290
they're not teaching you
Bitcoin, they're not teaching

511
00:33:55,290 --> 00:34:02,010
you anything really. But, but
basically, soon as i as soon as

512
00:34:02,010 --> 00:34:04,980
I read about it, I you know, I
said I was a civil engineer

513
00:34:04,980 --> 00:34:08,970
before worked on mega projects.
So I like built like the the

514
00:34:08,970 --> 00:34:13,080
Sydney DSL plant, highway
projects, rail projects, you

515
00:34:13,080 --> 00:34:16,290
know, because I always had this
you know, fetish for, you know,

516
00:34:16,320 --> 00:34:19,950
having like having as much
impact like as possible being

517
00:34:20,010 --> 00:34:21,960
you know, being an
environmentalist, being socially

518
00:34:21,960 --> 00:34:25,740
responsible, all that kind of
stuff. But yeah, when I found

519
00:34:25,740 --> 00:34:29,490
Bitcoin, I said this is the only
infrastructure worth worrying

520
00:34:29,490 --> 00:34:34,650
about. Nothing, there is nothing
more important than Bitcoin.

521
00:34:35,610 --> 00:34:38,880
Like yet wells are important
highways are important, but

522
00:34:38,880 --> 00:34:40,380
nothing is more important than
Bitcoin.

523
00:34:41,939 --> 00:34:46,469
He said a couple of your
articles that I think people

524
00:34:46,469 --> 00:34:52,169
should read. One of them is
called Bitcoin energy use versus

525
00:34:52,169 --> 00:34:55,979
other industries. You can look
at this this one I thought was

526
00:34:55,979 --> 00:34:59,069
really good too is projecting
bitcoins future future energy,

527
00:34:59,069 --> 00:35:04,469
use I think that one is
excellent. You said something

528
00:35:04,469 --> 00:35:07,739
you said in here, you said in 10
short years, it's likely that

529
00:35:07,739 --> 00:35:12,209
Bitcoin won't admit anything at
all. Can you? Yes. Is that too

530
00:35:12,209 --> 00:35:14,009
big of a thing for you to run
through real quick?

531
00:35:15,180 --> 00:35:20,220
Not at all. So So basically, the
all people need to know is that

532
00:35:20,220 --> 00:35:25,410
the world of Bitcoin mining is
as brutally competitive, as you

533
00:35:25,410 --> 00:35:30,840
can imagine. Absolute cutthroat,
a race to the absolute bottom.

534
00:35:32,100 --> 00:35:35,850
If you can't get your hardware
at absolute rock bottom prices,

535
00:35:35,880 --> 00:35:39,810
you have to get your energy at
rock bottom prices. And the

536
00:35:39,810 --> 00:35:43,860
trend is energy at rock bottom
prices is tending to be

537
00:35:43,860 --> 00:35:49,440
renewable. Most likely by the
end of the decade, not because

538
00:35:49,440 --> 00:35:52,590
they're environmentalists, like
miners probably don't give a

539
00:35:52,590 --> 00:35:56,010
shit about the environment. Just
maybe they do. Who knows, but

540
00:35:56,010 --> 00:36:00,810
it'll be just cheaper to use
curtailed solar and wind because

541
00:36:00,810 --> 00:36:05,070
it's going to waste anyway. And
not only that, the oil field is

542
00:36:05,070 --> 00:36:09,990
a very real thing. Eating up all
of this methane, so if you would

543
00:36:09,990 --> 00:36:14,730
have to use all of the world's
methane so all of the world's

544
00:36:14,730 --> 00:36:19,440
vented methane could power
Bitcoin 20 times. And and if we

545
00:36:19,440 --> 00:36:22,590
would actually pipe all of the
vented methane into like Bitcoin

546
00:36:22,590 --> 00:36:25,650
mines, we might accidentally
probably cause, you know, global

547
00:36:25,650 --> 00:36:26,280
cooling.

548
00:36:28,770 --> 00:36:31,260
That may be coming anyway,
whenever the government says

549
00:36:31,260 --> 00:36:36,030
warm, I go cold. Yeah. And I'm
old enough to remember when it

550
00:36:36,030 --> 00:36:38,220
was going to be the global
cooling. So I'm just a little

551
00:36:38,220 --> 00:36:44,100
confused there. What I find
fascinating with and learning a

552
00:36:44,100 --> 00:36:48,780
little bit more about how grids
work. I lived in Texas through

553
00:36:48,780 --> 00:36:52,680
the snow Snowmageddon where we
were without electricity for

554
00:36:52,680 --> 00:36:55,440
several days, for five days, it
was quite interesting, we were

555
00:36:55,440 --> 00:37:00,030
not known was prepared for Ford.
Now, as that turns out, that's

556
00:37:00,030 --> 00:37:02,430
also been highly politicized.
Because as you look under the

557
00:37:02,430 --> 00:37:05,190
hood, it really has nothing to
do with the infrastructure. It

558
00:37:05,190 --> 00:37:09,780
was really more about the
exchange, and basically, Enron,

559
00:37:09,780 --> 00:37:12,060
shady ness, and people just not
turning shit on because they

560
00:37:12,060 --> 00:37:14,850
couldn't make enough money on
it. But as I've learned about

561
00:37:14,850 --> 00:37:18,690
it, I see that, you know, of
course, good republicans that

562
00:37:18,690 --> 00:37:21,390
everybody is here, we pitched
the mono, it's the William

563
00:37:21,420 --> 00:37:24,330
wooden Mills, they froze. But
what I've come to learn is that

564
00:37:24,630 --> 00:37:27,660
the windmills are actually a
problem, because they have to be

565
00:37:27,660 --> 00:37:29,880
turned off at certain times
during the day, because they're

566
00:37:29,880 --> 00:37:32,760
just generating too much
electricity, the grid can't take

567
00:37:32,760 --> 00:37:34,980
it. Because balance,

568
00:37:35,160 --> 00:37:37,980
it's it's quite funny. So like,
there's a concept. It's called,

569
00:37:37,980 --> 00:37:40,860
like grid congestion. People ask
me, you know, what's grid

570
00:37:40,860 --> 00:37:46,200
congestion? I say, you know,
what's road congestion? I say,

571
00:37:46,200 --> 00:37:49,440
well, when the roads fall by say
exactly, there's a limit to

572
00:37:49,440 --> 00:37:52,290
like, how many electrons you can
put into a wire.

573
00:37:53,220 --> 00:37:55,950
And it has to be balanced, and
it has to be balanced and supply

574
00:37:55,950 --> 00:37:57,960
has to be within the range of
the demand.

575
00:38:00,120 --> 00:38:04,770
So so you know, and that's like,
that's a it's only developing.

576
00:38:05,310 --> 00:38:08,400
But this is an area where like,
Bitcoin will show its true

577
00:38:08,400 --> 00:38:13,920
colors as being that source of,
of balance. Exactly.

578
00:38:13,920 --> 00:38:15,900
And this is, this is what I want
to ask you, if it's even

579
00:38:15,900 --> 00:38:19,380
possible, I noticed your field
of expertise. So now I'm seeing

580
00:38:19,530 --> 00:38:23,400
people talking about and
implementing the containers, you

581
00:38:23,400 --> 00:38:25,500
know, very much like the methane
burn off. So they take the

582
00:38:25,500 --> 00:38:28,380
container to the wind farm, hey,
you know, you guys, you got to

583
00:38:28,380 --> 00:38:31,080
shut it down. No, don't just
power our stuff or mind for a

584
00:38:31,080 --> 00:38:36,480
bit everybody, everybody's
happy. In California, the people

585
00:38:36,480 --> 00:38:40,560
who were sold this grandiose
deal, have put solar panels on

586
00:38:40,560 --> 00:38:44,490
your home, you you can sell it
back to the grid. That's now

587
00:38:44,490 --> 00:38:48,900
over. Now, the grid guys are
saying, No, we're gonna charge

588
00:38:48,900 --> 00:38:53,940
you instead of giving instead of
letting buying it from you, is

589
00:38:53,940 --> 00:38:58,290
there a way? Right is even
feasible with just dreams that I

590
00:38:58,290 --> 00:39:02,910
have, that we could somehow
harness all of that excess solar

591
00:39:02,910 --> 00:39:06,300
panel energy that people are
going to get dinged for and

592
00:39:06,330 --> 00:39:09,240
converted into mining and some
efficient way? Or would that

593
00:39:09,240 --> 00:39:11,820
really have to be decentralized
people running machine to their

594
00:39:11,820 --> 00:39:12,420
own home?

595
00:39:12,930 --> 00:39:17,880
So I know, at the, like, at the
home level. I know, like, in

596
00:39:19,380 --> 00:39:22,800
over the other side of the of
the of the iron curtain up in

597
00:39:22,800 --> 00:39:27,390
Brisbane, there's a there's a
suburb in Brisbane, like the

598
00:39:27,390 --> 00:39:33,900
government has shelled out, like
8000 bucks per home as a grant.

599
00:39:34,800 --> 00:39:40,140
If each home installed like a
$25,000, solar and battery

600
00:39:40,170 --> 00:39:43,440
array, and they were to mate and
they were going to test out a

601
00:39:43,440 --> 00:39:49,650
virtual grid between the 60
homes. Oh, okay. Like betting

602
00:39:49,650 --> 00:39:53,640
terms, but in terms of like
Bitcoin as a balancing tech.

603
00:39:54,720 --> 00:39:57,120
Like it's underneath our noses.
Yeah, it's

604
00:39:57,120 --> 00:39:57,720
right there.

605
00:39:58,230 --> 00:40:02,700
It's everywhere. But the So
here's an example i a local

606
00:40:02,700 --> 00:40:09,780
example I have so in the city of
Adelaide, in Australia, small

607
00:40:09,780 --> 00:40:14,910
small city, very, very high
renewable content by quite

608
00:40:14,910 --> 00:40:20,280
random, you know, you know,
power supply versus the demand.

609
00:40:20,700 --> 00:40:24,780
So there are times of the day
where the an electricity

610
00:40:24,780 --> 00:40:30,240
provider will pay you to take
electricity. So you don't really

611
00:40:30,240 --> 00:40:32,700
need a container, you don't
really need a set up, you just

612
00:40:33,360 --> 00:40:36,090
find a existing industrial unit.

613
00:40:39,660 --> 00:40:41,820
They need to imbalance so
they're gonna pay peep, it's

614
00:40:41,820 --> 00:40:44,370
just like negative interest
rates, this is great, basically.

615
00:40:45,630 --> 00:40:49,470
So you're not mining, so you're
not mining all day, right? Just

616
00:40:49,500 --> 00:40:52,710
whenever they lay you for it,
obviously, you factor this into

617
00:40:52,710 --> 00:40:54,720
your average costs, you find
yourself like a little

618
00:40:54,720 --> 00:40:57,690
industrial unit, you get
yourself like maybe a little

619
00:40:58,710 --> 00:41:04,080
high upfront cost, but extremely
low maintenance, immersion bike

620
00:41:04,080 --> 00:41:08,610
rack, so you're still probably
talking maybe 200 grands worth

621
00:41:08,610 --> 00:41:11,820
of kit to like, make it you
know, worthwhile to actually pay

622
00:41:11,820 --> 00:41:18,900
rent, you know, add an
industrial unit. And, and, and,

623
00:41:18,960 --> 00:41:22,260
and that's basically it, that's,
that's enough for basically a

624
00:41:22,260 --> 00:41:26,250
one man band, like kind of
investment and like, you know,

625
00:41:26,760 --> 00:41:30,930
find little places, wherever,
wherever you can find it,

626
00:41:30,930 --> 00:41:35,130
that's, that's becoming quite
popular. Now, hiring out an

627
00:41:35,130 --> 00:41:38,280
empty unit that already has
electrical info already in

628
00:41:38,280 --> 00:41:45,090
place, you know, whacking, you
know, 30 boosted up, this

629
00:41:45,090 --> 00:41:50,490
NINETEEN'S immersed and you
rarely have to check on him.

630
00:41:50,700 --> 00:41:57,450
And, and, and it's great. So, so
look, where there's money to be

631
00:41:57,450 --> 00:42:00,300
made, where there's profit to be
made, like, I don't believe in

632
00:42:00,300 --> 00:42:03,360
that efficient market
hypothesis. I like there's

633
00:42:03,360 --> 00:42:06,630
always ways of money to be made
that people haven't found yet.

634
00:42:07,800 --> 00:42:11,250
And so long as there's money to
be made, like, I don't want to

635
00:42:11,250 --> 00:42:14,730
get to philosophy, philosophical
over here and be a dick. But I

636
00:42:14,730 --> 00:42:19,890
just want to talk about like,
energy. Like, just, you know,

637
00:42:19,890 --> 00:42:25,140
the rabbit hole that is the
concept of energy. to like, this

638
00:42:25,140 --> 00:42:28,260
is, you know, the, it's, you
know, the entire universe

639
00:42:28,500 --> 00:42:33,720
somehow constituted together,
like, you know, it formed life,

640
00:42:34,260 --> 00:42:37,800
you know, life evolved, you
know, into us. And for the past

641
00:42:37,800 --> 00:42:41,100
100 or, you know, odd 1000
years, we've been figuring out

642
00:42:41,100 --> 00:42:45,270
better ways to like harness it,
you know, to grow our

643
00:42:45,270 --> 00:42:51,210
civilization. So, energy is a is
a extremely, extremely amazing

644
00:42:51,210 --> 00:42:55,320
and humbling thing. And really,
it's, it's the only thing, it's

645
00:42:55,320 --> 00:42:58,320
the only thing that matters. So
as long as there's ways to, you

646
00:42:58,320 --> 00:43:05,910
know, to make energy to make
money. You know, Bitcoin will,

647
00:43:06,120 --> 00:43:08,970
will, will will be a winner.

648
00:43:09,060 --> 00:43:13,080
What do you see in the field of
a nuclear infusion, I guess

649
00:43:13,080 --> 00:43:14,430
what's also being talked about
now?

650
00:43:15,480 --> 00:43:19,170
So nuclear is is one of my
favorites. Because of you know,

651
00:43:19,290 --> 00:43:26,130
nimbyism, like it's
unfortunately Doa like that that

652
00:43:26,130 --> 00:43:28,800
propaganda war has has
unfortunately been lost. I

653
00:43:28,800 --> 00:43:29,280
think.

654
00:43:31,950 --> 00:43:35,670
That's, I like it a lot. I want
the backyard nuke have kept up

655
00:43:35,670 --> 00:43:38,190
with those developments is
getting getting pretty doable

656
00:43:38,190 --> 00:43:39,120
for a neighborhood.

657
00:43:39,480 --> 00:43:42,540
Yeah, I used to think the first
guy that, you know, the, that

658
00:43:42,570 --> 00:43:47,490
the inventor of the backyard
nuke, I thought he'd be the

659
00:43:47,490 --> 00:43:50,700
first trillionaire but I think
Satoshi will get there first.

660
00:43:52,620 --> 00:43:57,060
Now, but the world is an energy
place. So eventually, so what

661
00:43:57,060 --> 00:44:01,530
like, in a perfect, like, my
perfect world, where like, you

662
00:44:01,530 --> 00:44:04,920
know, my brain, like, you know,
is, uh, you know, has ascended

663
00:44:04,920 --> 00:44:09,180
to the next level and it's the
year you know, 20 2300 or

664
00:44:09,180 --> 00:44:15,030
whatever it is, and humans have
like a big mastery of you know,

665
00:44:15,060 --> 00:44:20,310
energy and technology, like I
say, like the the pursuit of

666
00:44:20,310 --> 00:44:25,350
Bitcoin, like taking up the
majority of our harnessed

667
00:44:25,350 --> 00:44:25,860
energy.

668
00:44:27,390 --> 00:44:28,800
Wow. Like, I

669
00:44:28,800 --> 00:44:33,300
think the energy industry will
develop in terms of like, we

670
00:44:33,300 --> 00:44:37,110
don't have enough energy on
earth to like to mine

671
00:44:37,170 --> 00:44:40,230
Why are they not doing this
around plants? Why are these Why

672
00:44:40,230 --> 00:44:43,470
are the energy companies not
doing this already? Look,

673
00:44:43,470 --> 00:44:44,190
volatility

674
00:44:44,190 --> 00:44:48,990
is my is my opinion. So in the
long, long ago, so like as part

675
00:44:48,990 --> 00:44:52,350
of my like life as a civil
engineer, I spent three years in

676
00:44:52,350 --> 00:44:57,570
the toll road business. So
basically, you know, the toll

677
00:44:57,570 --> 00:45:00,840
road business is great for a
pension fund, so the pension

678
00:45:00,840 --> 00:45:04,110
funds all invested in toll
roads, because like they know by

679
00:45:04,110 --> 00:45:08,880
the day, like what their cash
flow is, and, you know, they can

680
00:45:08,880 --> 00:45:12,420
match this cash flow, you know,
with their pension liabilities.

681
00:45:13,110 --> 00:45:16,140
And, you know, the average, you
know, retiree, you know, is

682
00:45:16,140 --> 00:45:18,810
claiming their, you know, is
taking their, you know, the

683
00:45:18,810 --> 00:45:23,310
perpetual cash flow for, you
know, 2530 years, they need an

684
00:45:23,310 --> 00:45:26,910
asset that, you know, lives that
long, so tollroad is perfect.

685
00:45:27,690 --> 00:45:32,880
Now, a power plant is also
perfect. So, you know, you build

686
00:45:32,880 --> 00:45:36,180
a nuclear power plant, it's all
good. And you've got, you know,

687
00:45:36,180 --> 00:45:40,380
mining clients, you know, for
whatever it is for at least

688
00:45:40,380 --> 00:45:43,920
three years, or sorry, for at
least 30 years. And that's, you

689
00:45:43,920 --> 00:45:45,000
know, fantastic.

690
00:45:45,150 --> 00:45:48,930
And that's, that's my next
question the mining formula with

691
00:45:48,930 --> 00:45:55,470
the with the havening. And so,
you know, the reward gets cut in

692
00:45:55,470 --> 00:45:57,150
half, and then I think we'd
rather have two and a half,

693
00:45:57,150 --> 00:46:02,130
three years to go for the next
one. And just back of the

694
00:46:02,130 --> 00:46:06,660
napkin, like 2130 2140, maybe
we'll be around the final

695
00:46:06,750 --> 00:46:10,500
Bitcoin to be mined, how will
energy consumption change over

696
00:46:10,500 --> 00:46:12,960
time? Do you have any view on
that?

697
00:46:13,410 --> 00:46:19,110
So so my view, so it's the it's
the long term equilibrium view.

698
00:46:19,350 --> 00:46:22,410
So long term equilibrium, like
in EQ, and as an economic

699
00:46:22,410 --> 00:46:25,410
concept is like something we
never reached just like an

700
00:46:25,410 --> 00:46:30,480
ideal, because of the nature of
competition, and, and it is

701
00:46:30,480 --> 00:46:34,770
perfect, it will be in mining,
you'd expect that in long term

702
00:46:34,770 --> 00:46:41,580
equilibrium, the average cost to
mine a coin, or rather, the cost

703
00:46:41,580 --> 00:46:45,510
expended to collect, you know,
the fee revenue, at that point,

704
00:46:45,540 --> 00:46:50,310
whatever the reward is, will be
equal like the market price of

705
00:46:50,310 --> 00:46:53,580
bitcoin? Right? There's always
going to be somebody alive,

706
00:46:53,610 --> 00:46:57,180
waking up in the morning saying,
okay, you know, I have, you

707
00:46:57,180 --> 00:47:01,560
know, X dollars to dry mine
Bitcoin, or do I buy it?

708
00:47:01,620 --> 00:47:05,070
Will it still be the same amount
of energy consumption as we move

709
00:47:05,070 --> 00:47:07,800
through that curve? Or does that
remain constant?

710
00:47:10,320 --> 00:47:17,340
Look, like hard to tell. But the
thing is, like, if it's clean,

711
00:47:17,910 --> 00:47:18,630
who cares?

712
00:47:19,560 --> 00:47:22,470
Right? If there's zero
emissions, if this is basically

713
00:47:22,470 --> 00:47:26,730
free of call, you know, free of
Vini harmful effect or call,

714
00:47:26,730 --> 00:47:26,880
it's

715
00:47:26,880 --> 00:47:30,960
still very important, like it is
of utmost importance, that work

716
00:47:30,960 --> 00:47:36,660
is done. But like, if it's
clean, emission free work for

717
00:47:36,660 --> 00:47:40,800
what it's worth, like, you know,
it doesn't matter if, if

718
00:47:40,800 --> 00:47:45,090
civilization is using half of
its energy to secure its base

719
00:47:45,090 --> 00:47:48,600
money. Like, I don't think
that's a bad thing. That makes

720
00:47:48,600 --> 00:47:51,780
me sleep very well at night,
that, you know, half of people's

721
00:47:51,780 --> 00:47:55,920
energy is going into making sure
that like I, you know, I can

722
00:47:55,920 --> 00:47:59,460
stay sovereign and not inflated
and my money secure, like, on

723
00:47:59,460 --> 00:48:02,880
the contrary use 90%. for all I
care.

724
00:48:04,650 --> 00:48:09,810
Yeah, it's all about education.
I mean, people have no idea. The

725
00:48:10,470 --> 00:48:17,340
same democrats socialists, who I
speak to, do not even know that

726
00:48:17,340 --> 00:48:20,730
the Federal Reserve is they
don't understand how money is

727
00:48:20,730 --> 00:48:23,400
created. They just they don't
know where it's coming from.

728
00:48:23,400 --> 00:48:27,960
There's 00 knowledge of this.
And, you know, for us, you know,

729
00:48:28,080 --> 00:48:31,890
I mean, maybe for over a decade,
I've been saying, Oh, you know,

730
00:48:31,890 --> 00:48:35,040
Federal Reserve is is
governmental is Federal Express,

731
00:48:35,190 --> 00:48:39,270
it still works, you can still
make that gag and people go what

732
00:48:39,270 --> 00:48:43,980
really I know that. So there's,
it's, it's such a head, it's

733
00:48:43,980 --> 00:48:46,320
hard for people to wrap their
head around when they don't

734
00:48:46,320 --> 00:48:48,960
really understand money at all.

735
00:48:50,760 --> 00:48:53,580
Yeah, look, to understand
Bitcoin, you have to understand,

736
00:48:53,580 --> 00:48:57,960
like, so many things. So like, I
always, like, you could like go

737
00:48:57,960 --> 00:49:06,270
back to satoshis resignation. So
he's, you know, like, he's,

738
00:49:06,480 --> 00:49:11,850
there's a famous Bitcoin talk
forum post of his back in 2010.

739
00:49:12,510 --> 00:49:16,740
You know, they'll be writing a
press release, slash dot. And,

740
00:49:17,070 --> 00:49:22,470
and he was saying, you know,
sorry to be a wet blanket. You

741
00:49:22,470 --> 00:49:25,500
know, writing a description for
this thing for general audiences

742
00:49:25,500 --> 00:49:31,290
is bloody hard. Yeah, there's
nothing to relate it to. Right.

743
00:49:31,410 --> 00:49:34,770
So So even though I've been a
culprit, you know, of comparing,

744
00:49:34,830 --> 00:49:38,790
you know, Bitcoin to other
things, or you know, you know,

745
00:49:39,060 --> 00:49:43,200
using analogies comparing it to
like a startup business, by

746
00:49:43,200 --> 00:49:49,350
default, every comparison like
anyone ever makes, like any take

747
00:49:49,350 --> 00:49:53,610
on Bitcoin, by default is going
to be a shitty take, sometimes

748
00:49:53,610 --> 00:49:57,750
useful, but like there is
nothing there is nothing nothing

749
00:49:57,750 --> 00:50:03,720
we can comprehend. That is like
Bitcoin, sort of sort of, to be

750
00:50:03,720 --> 00:50:07,830
put on the clock and say, you
know, justify why it uses point

751
00:50:07,830 --> 00:50:12,660
1% of the world's energy in 30
seconds. Like it's a, it's a

752
00:50:12,660 --> 00:50:17,670
very, very difficult task. But
you know, some context can at

753
00:50:17,670 --> 00:50:21,390
least be set, especially when
you look at, you know, the other

754
00:50:21,390 --> 00:50:26,280
big industries. So just like,
you know, Bitcoin uses more than

755
00:50:26,280 --> 00:50:31,470
Argentina, then Alright, fine.
The US Army uses more than 18

756
00:50:31,470 --> 00:50:33,630
times as much as Argentina.
Yeah, no

757
00:50:33,630 --> 00:50:36,150
kidding. Yeah. And that's just
the army doesn't include the

758
00:50:36,150 --> 00:50:38,160
Marines. are you adding a adding
the Navy?

759
00:50:38,880 --> 00:50:42,480
That's, that is, as I call it,
the long dick of the United

760
00:50:42,480 --> 00:50:48,780
States Armed Forces. That's the
entire thing. Well, it used to

761
00:50:48,780 --> 00:50:52,200
be a long day. So I don't know
about like, days days. So

762
00:50:52,530 --> 00:50:55,830
no, no, no, like, we knows we
got a super super circumcision

763
00:50:55,830 --> 00:51:00,630
over there in Afghanistan. Yeah.
We got we got a vasectomy maybe

764
00:51:00,630 --> 00:51:05,580
is more appropriate. What was?
I'm sorry, Dave, go ahead.

765
00:51:05,940 --> 00:51:10,140
Yeah, this is one of the things
that you said on one of your

766
00:51:10,140 --> 00:51:12,810
articles, I can't find it right
now. But he essentially said

767
00:51:12,810 --> 00:51:15,390
that, I mean, you've got an
excellent track record of

768
00:51:15,390 --> 00:51:20,460
predicting, multiple years in
advance, bitcoins, total energy

769
00:51:20,460 --> 00:51:24,840
usage. And you've done it
multiple times. And when you

770
00:51:24,990 --> 00:51:27,720
said basically, that, you know,
this, that you are not

771
00:51:27,720 --> 00:51:31,590
predicting energy use is based
on technical reasons, not as an

772
00:51:31,590 --> 00:51:38,520
engineer, but as the bit as an
with as an economics, that your

773
00:51:38,520 --> 00:51:42,120
economics are informing your,
your predictions more, more so

774
00:51:42,120 --> 00:51:45,090
than anything, and I was looking
at one of your articles, you're

775
00:51:45,090 --> 00:51:48,600
talking about the perito
principle, z, also known as the

776
00:51:48,600 --> 00:51:52,350
8020 rule stays that 20% of the
market participants control 80%

777
00:51:52,350 --> 00:51:56,760
of the market. And then you flip
over here to this, literally,

778
00:51:56,760 --> 00:51:59,400
you flip over to the new york
times article, and it says, in

779
00:51:59,400 --> 00:52:02,190
fact, operations have
consolidated so much now that

780
00:52:02,190 --> 00:52:05,820
only seven mining groups own
nearly 80% 80% of the computing

781
00:52:05,820 --> 00:52:09,900
power of the network. I mean,
what you know, can you talk

782
00:52:09,900 --> 00:52:14,940
about that just how your, your
prediction of looking at in the

783
00:52:14,940 --> 00:52:18,480
future and seeing energy usage
is more of an economic thing

784
00:52:18,480 --> 00:52:20,550
than it is an engineering thing.

785
00:52:21,030 --> 00:52:26,280
So So basically, I want to just
briefly touch on the Bitcoin as

786
00:52:26,280 --> 00:52:31,650
a as a religion aspect. So
there's very little belief in

787
00:52:31,650 --> 00:52:35,400
Bitcoin, everything's in front
of us. Like, it's easy to trust,

788
00:52:35,400 --> 00:52:39,630
there's no there's there's no
faith. But there's like one

789
00:52:39,630 --> 00:52:42,720
aspect of faith or one
assumption, and it's in the

790
00:52:42,720 --> 00:52:47,610
white paper, it's the assumption
that 51% of the nodes are going

791
00:52:47,610 --> 00:52:50,760
to be honest and act in their
own self interest. Right. So we

792
00:52:50,760 --> 00:52:54,750
believe that at least 51% of
people aren't stupid, like

793
00:52:54,750 --> 00:52:58,620
they're gonna do rational things
quite money, brother, that's

794
00:52:58,650 --> 00:53:01,440
pretty good. I know. I'm
starting to doubt it as well,

795
00:53:01,440 --> 00:53:05,490
but so far, like we've been
okay. So far, like in terms of

796
00:53:05,490 --> 00:53:10,500
like, like, making profit, I
think everyone like, follows

797
00:53:10,500 --> 00:53:15,570
their interest in that regard.
And if people do, like, look out

798
00:53:15,570 --> 00:53:18,840
for their like, own best
interest and be greedy and be

799
00:53:18,840 --> 00:53:23,400
selfish, like the these are what
you sort of can predict can

800
00:53:23,400 --> 00:53:27,450
happen in a repeat game, based
on Game Theory. So this is just

801
00:53:27,990 --> 00:53:30,600
this is the the Bitcoin
hypothesis, like this is

802
00:53:30,600 --> 00:53:34,080
effectively just the game
theory. that's spelled out in

803
00:53:34,080 --> 00:53:37,170
the white paper. So if like, so,
if you believe that, you know,

804
00:53:37,170 --> 00:53:41,280
people are going to like behave
in that way, then this is

805
00:53:41,280 --> 00:53:45,930
probably, you know, like, as
they, as they say, like, show me

806
00:53:45,930 --> 00:53:48,150
the incentive, and I will show
you the outcome.

807
00:53:48,750 --> 00:53:50,550
Right, and the incentives are
clear.

808
00:53:51,390 --> 00:53:54,840
Yep, profit. And so the outcome
is profit maximization.

809
00:53:56,340 --> 00:54:02,250
Also, I mean, so there's this
one of our one of the people in

810
00:54:02,250 --> 00:54:08,730
the in the podcasting 2.0 group,
was very anti Bitcoin, I would

811
00:54:08,730 --> 00:54:12,870
say, Is that fair to say anti
Bitcoin, but it really was quick

812
00:54:12,870 --> 00:54:16,920
to say, I don't understand it,
it's shit. It's funny money. And

813
00:54:16,920 --> 00:54:22,650
with my, oh, say, five, six
weeks, this gentleman has gone

814
00:54:22,650 --> 00:54:26,850
from funny money to internet
token, which is a start. It's

815
00:54:26,850 --> 00:54:30,000
not at all understanding where
we're at, but it at least the

816
00:54:30,000 --> 00:54:34,200
mechanics are becoming clear.
People are saying, okay, I it

817
00:54:34,200 --> 00:54:37,980
has use for me now, and that's
in the context of podcasting.

818
00:54:37,980 --> 00:54:41,430
2.0 I think I actually think
that we are part of the game

819
00:54:41,430 --> 00:54:41,910
theory

820
00:54:44,730 --> 00:54:47,640
with But well, you know, if you
have this is one thing I've been

821
00:54:47,640 --> 00:54:52,200
thinking about too, when when
you take you know, you see the

822
00:54:52,200 --> 00:54:56,340
utility of the thing first and
so, the problem part of the

823
00:54:56,340 --> 00:55:01,230
problem with with Bitcoin now is
that it's Having to fight this

824
00:55:01,260 --> 00:55:05,550
idea of investment and that it's
that it's an investment and yes,

825
00:55:05,550 --> 00:55:07,410
it has that aspect of course it
does

826
00:55:07,530 --> 00:55:10,650
what's called a reward period.
Dave Well, anything that

827
00:55:10,650 --> 00:55:11,280
anything that

828
00:55:11,280 --> 00:55:14,790
can be considered anything
that's an asset, it could be it

829
00:55:14,790 --> 00:55:17,850
can be an investment and yes,
that's what it is. But when you

830
00:55:17,850 --> 00:55:22,170
think about it in terms of, of a
money, you know, it's this is

831
00:55:22,200 --> 00:55:27,180
I've been prone to saying this
lately, this Bitcoin is the only

832
00:55:27,420 --> 00:55:31,470
if you take all of quote unquote
cryptocurrency Bitcoin is the

833
00:55:31,470 --> 00:55:35,160
only one of them that acts like
a money. And that that's the

834
00:55:35,160 --> 00:55:37,230
thing. I mean, like lots of
things had lots of

835
00:55:37,230 --> 00:55:41,190
cryptocurrencies have utility,
whether it's NF T's or

836
00:55:41,190 --> 00:55:44,700
blockchain blockchains, you
know, these they have, they have

837
00:55:44,700 --> 00:55:50,310
utility, but Bitcoin is the only
one that feels like a money in

838
00:55:50,340 --> 00:55:55,260
and that's where its utility
lies is in the money aspect of

839
00:55:55,260 --> 00:56:00,540
it. And so, like, when you when
you begin to see it as a, as a

840
00:56:00,540 --> 00:56:05,010
money, that changes to, in my
opinion, that that changes the

841
00:56:05,010 --> 00:56:07,740
perspective and it changes the
ideas that are in your head

842
00:56:07,740 --> 00:56:08,820
about what it is.

843
00:56:09,930 --> 00:56:17,250
The, the not, it's not about
what it is. It's it's almost

844
00:56:17,280 --> 00:56:20,400
like what it's about what it's
not so like, I was saying, like

845
00:56:23,220 --> 00:56:27,270
you know, there's, there's,
there's nothing at all, there's

846
00:56:27,270 --> 00:56:33,060
nothing at all quite like it.
Yeah, so like, it's it's like, I

847
00:56:33,060 --> 00:56:36,720
wish, like, you know, English
was a more expressive language.

848
00:56:36,720 --> 00:56:39,870
Maybe that's why the French guys
were starting to catch up to us.

849
00:56:39,870 --> 00:56:43,380
Yes, like, I don't know how to
explain the profundity of like,

850
00:56:43,440 --> 00:56:47,190
try to imagine anything in the
world, like nothing is like

851
00:56:47,190 --> 00:56:50,760
Bitcoin. So when you're looking
at money, you want it to be

852
00:56:50,760 --> 00:56:55,500
completely useless at
everything. Except being money

853
00:56:55,500 --> 00:57:00,060
like you just want it to be
money or rather, you want

854
00:57:00,060 --> 00:57:04,830
nothing else in the universe to
be like it. So it so it stands

855
00:57:04,830 --> 00:57:13,500
out on its own as money and and
Bitcoin really. It it. Like when

856
00:57:14,550 --> 00:57:19,710
it stands on its own. I wish I
had I wish I had nicer, nicer

857
00:57:19,710 --> 00:57:22,170
words than that. No, you're
right, you're right and get to

858
00:57:22,170 --> 00:57:27,180
that true inclusion. It's, it's,
you know, more than just, you

859
00:57:27,180 --> 00:57:30,450
know, a handful reading a
handful of tweets and a couple

860
00:57:30,450 --> 00:57:34,440
of YouTube videos. So it's just
got to be a prolonged

861
00:57:34,470 --> 00:57:35,970
decentralized effort.

862
00:57:36,390 --> 00:57:40,230
I had such a beautiful
experience with my daughter and

863
00:57:40,230 --> 00:57:44,370
my sister. They live in the
Netherlands. And just recently,

864
00:57:44,370 --> 00:57:49,350
I was able to finally go over
for a quick visit. And my mom's

865
00:57:49,380 --> 00:57:53,940
widow, he's almost 80. And he
had received because my mom was

866
00:57:53,940 --> 00:57:56,670
American, they've been married.
Even though he's Dutch, he had

867
00:57:56,670 --> 00:58:01,410
received her stimulus checks.
You know, there was it 614 100

868
00:58:01,410 --> 00:58:05,220
and a 1600. And he had already
figured out what my daughter had

869
00:58:05,220 --> 00:58:08,820
figured out is, hey, Adam, you
know, you can't cash these, no

870
00:58:08,820 --> 00:58:11,100
bank will take them I said,
Isn't that beautiful? This is

871
00:58:11,130 --> 00:58:15,360
literally a guarantee from the
United States Treasury on this

872
00:58:15,420 --> 00:58:19,320
sign, look at it, look at the
sign of your signature, and they

873
00:58:19,320 --> 00:58:23,190
won't honor that. And I said
given to me, and I took them

874
00:58:23,190 --> 00:58:27,510
back, I deposit them in my in my
bank account here in the US. And

875
00:58:27,510 --> 00:58:31,680
then I got him set up with bit
my money, which is these are

876
00:58:31,680 --> 00:58:37,020
really good folks in Europe. And
they they can act as a bridge

877
00:58:37,020 --> 00:58:40,200
between the European I forget
the name of it, the European

878
00:58:40,200 --> 00:58:45,570
financial system, and Bitcoin.
But when when when I was back, I

879
00:58:45,570 --> 00:58:47,760
said okay, I just deposited in
the bank and just make sure they

880
00:58:47,760 --> 00:58:49,860
clear, it shouldn't be a
problem, which you still have to

881
00:58:49,860 --> 00:58:53,130
wait two days before the damn
system works. And he was he's

882
00:58:53,130 --> 00:58:55,470
very aware of what he's aware of
all this time, because you've

883
00:58:55,470 --> 00:58:58,680
been sitting on these checks.
And then I say, okay, it came in

884
00:58:58,680 --> 00:59:01,920
as cleared. I'm gonna send you
about $2,000 in Bitcoin right

885
00:59:01,920 --> 00:59:07,710
now. And, and I even said, you
know, 10 minutes, he says, Oh,

886
00:59:07,710 --> 00:59:10,650
no, I already got a
notification. And it would and

887
00:59:10,680 --> 00:59:13,740
it's these moments when people
see that who are used to either

888
00:59:13,740 --> 00:59:17,700
a remittance, or an overseas
transaction or a wire, where

889
00:59:17,700 --> 00:59:21,630
they just go Holy shit, and he
said, You know what, I think I'm

890
00:59:21,630 --> 00:59:24,090
just gonna let it sit there and
Bitcoin. I don't think I wanted

891
00:59:24,090 --> 00:59:26,280
my bank account. And now I think
I've won.

892
00:59:28,290 --> 00:59:30,330
Yeah, totally. Yeah.

893
00:59:30,930 --> 00:59:35,430
Like, so like, I always tell
everyone like, you know,

894
00:59:35,550 --> 00:59:39,120
Bitcoin, Bitcoin, you know,
doesn't need anyone and it'll

895
00:59:39,120 --> 00:59:42,600
like, it'll win on its own
eventually, just based on you

896
00:59:42,600 --> 00:59:46,140
know, how the game theory will,
will play out. But there's no

897
00:59:46,140 --> 00:59:47,490
harm in pushing it along.

898
00:59:49,170 --> 00:59:53,790
Not so you mentioned you do
several civil engineering twice

899
00:59:53,790 --> 00:59:57,450
a week. You write tons of
articles. I mean, what do you

900
00:59:57,600 --> 00:59:59,820
do? What is your daily routine,
like?

901
01:00:00,510 --> 01:00:05,730
So daily routine like is is like
I split my construction duties

902
01:00:05,730 --> 01:00:09,000
out there throughout the week
usually takes up takes up my

903
01:00:09,000 --> 01:00:12,840
mornings because they start
early but things that things are

904
01:00:12,840 --> 01:00:15,780
locked down at the at the moment
relatively locked down so I've

905
01:00:15,780 --> 01:00:20,640
got a bit of a lighter load and
the rest of the time is is is

906
01:00:20,640 --> 01:00:24,750
all Bitcoin so yeah happy blocks
700,000 to you guys are we there

907
01:00:25,170 --> 01:00:30,150
was a couple of days ago that I
like I missed like my retirement

908
01:00:30,150 --> 01:00:34,080
date. So I've gone from five
days civil engineering down to

909
01:00:34,080 --> 01:00:38,250
two and the rest is is Bitcoin
so does your cat writing your

910
01:00:38,280 --> 01:00:41,610
withdrawal having Yeah, I've
been through several now.

911
01:00:42,990 --> 01:00:43,890
Over time though.

912
01:00:44,370 --> 01:00:48,180
Yes. I'm having Yes. First of

913
01:00:48,180 --> 01:00:51,690
all, I want to I want to focus
more on Bitcoin. So doing a lot

914
01:00:51,690 --> 01:00:55,890
of Bitcoin work consulting
advisory and the UK could be

915
01:00:55,890 --> 01:01:02,220
starting a new role very soon
with a Bitcoin fund. So keep

916
01:01:02,220 --> 01:01:06,390
your eyes peeled. No, actually,
I wasn't on that. But But yeah,

917
01:01:06,450 --> 01:01:11,250
so hopefully, you know, working
working hard at it sees just got

918
01:01:11,250 --> 01:01:13,980
to see what happens with this
whole Corona stuff here in you

919
01:01:13,980 --> 01:01:14,580
know, where

920
01:01:14,580 --> 01:01:15,480
are you in Australia?

921
01:01:16,050 --> 01:01:18,150
So in Sydney, so Oh, lockdown.

922
01:01:18,180 --> 01:01:21,480
Yeah, you are until you're there
with Toba dictator Damn.

923
01:01:22,380 --> 01:01:24,000
That's that's download. I'm

924
01:01:24,000 --> 01:01:26,550
sorry. No, that's that's, that's
Melbourne have that guy. Right?

925
01:01:26,550 --> 01:01:30,210
That's Yeah, that's, that's
Melbourne. And you've got what's

926
01:01:30,210 --> 01:01:33,270
the lady's and Gladys Gladys?
There you go, Gladys.

927
01:01:33,870 --> 01:01:38,670
Good old Gladys. poor poor
Gladys, man. You know, look, a

928
01:01:38,670 --> 01:01:42,150
lot of times people just got to
remember. Well, I don't know

929
01:01:42,150 --> 01:01:46,230
about like, like, you know, all
politicians, but some

930
01:01:46,230 --> 01:01:50,400
politicians. Like, like, they're
not prepared for stuff like

931
01:01:50,400 --> 01:01:54,210
this. Yeah. I mean, this, she
she wouldn't have signed up for

932
01:01:54,210 --> 01:01:57,360
this shit if she knew like,
there was gonna be pandemics and

933
01:01:57,360 --> 01:02:00,390
stuff like, these people are not
ready for this kind of stuff.

934
01:02:00,420 --> 01:02:02,820
Like, oh, really, you know, do
their best, but they're not

935
01:02:02,820 --> 01:02:04,290
gonna, you know, do the best.

936
01:02:05,670 --> 01:02:10,320
I take what's happening in
Australia quite seriously. With

937
01:02:10,350 --> 01:02:13,440
with my podcast, we followed
everything very, very closely.

938
01:02:13,470 --> 01:02:16,140
In the beginning, all the
numbers saw very quickly that

939
01:02:16,140 --> 01:02:18,570
there was a lot of changes and a
lot of uncertainty, a lot of

940
01:02:18,570 --> 01:02:22,200
things that were wrong. And I
always thought Australia was

941
01:02:22,200 --> 01:02:25,740
behind. But I think you're
leading us by six months. I'm

942
01:02:25,740 --> 01:02:30,720
very very, very fucking
concerned about it. Because this

943
01:02:30,720 --> 01:02:34,320
zero COVID policy just seems
like a pipe dream, man. Seems

944
01:02:34,320 --> 01:02:38,490
like it just seems very
difficult.

945
01:02:38,729 --> 01:02:45,209
So there is a split now. So So
our red versus blue. Like is the

946
01:02:45,209 --> 01:02:45,779
opposite.

947
01:02:45,930 --> 01:02:49,530
Yeah, yes. So our blues is our
red the

948
01:02:49,530 --> 01:02:52,920
liberals. blues are still the
liberals with the liberals or

949
01:02:52,920 --> 01:03:01,050
the conservatives. Right? And
well, so the states have split

950
01:03:01,110 --> 01:03:06,300
amongst like red and blue lines.
But the you know, the

951
01:03:06,330 --> 01:03:10,470
Conservative government has
basically said look after 70%

952
01:03:10,470 --> 01:03:14,190
double Vax, right, like you guys
on your own, like we're not

953
01:03:14,190 --> 01:03:16,950
giving federal aid anymore if
you want to stay locked down

954
01:03:16,950 --> 01:03:20,070
like you can, but you got to
come up with it with from state

955
01:03:20,070 --> 01:03:20,490
money.

956
01:03:20,910 --> 01:03:21,480
Right.

957
01:03:24,510 --> 01:03:28,050
Yeah, which which the modeling,
which is pretty reliable,

958
01:03:28,050 --> 01:03:31,980
because like, like, we've got a
pretty consistent daily rate in

959
01:03:31,980 --> 01:03:37,830
about a month. People here will
be 70% double jabbed. And like,

960
01:03:38,100 --> 01:03:39,240
we'll see what happens.

961
01:03:40,590 --> 01:03:43,770
Well, I really do hope the best
for you guys because it's a it's

962
01:03:43,770 --> 01:03:45,090
just painful to watch.

963
01:03:45,840 --> 01:03:53,130
So look, for me just more time
to run the numbers and and bide

964
01:03:53,130 --> 01:03:58,290
my time. I think. I think we'll
be okay. So when they say

965
01:03:58,290 --> 01:04:00,630
Bitcoin is hope, they really do
mean it.

966
01:04:01,860 --> 01:04:05,670
We want to be we want to be
mindful of your time do you need

967
01:04:05,670 --> 01:04:07,920
to do you had another thing?

968
01:04:08,070 --> 01:04:11,550
Yeah, yeah, I've actually got a
got a head off and speak with a

969
01:04:11,550 --> 01:04:17,040
gg who says who says hi? Yeah,
in the name of Satoshi.

970
01:04:18,630 --> 01:04:21,330
There we go. Do you have a
lightning node?

971
01:04:21,720 --> 01:04:26,400
Do you have I do but it's in the
middle of a migration. Because I

972
01:04:26,400 --> 01:04:29,880
want to really investigate. Like
I've been checking out buzzes

973
01:04:29,880 --> 01:04:33,180
stuff. And I really want to
check out like building like a

974
01:04:33,810 --> 01:04:39,330
kick ass properly redundant node
and like, and like start playing

975
01:04:39,330 --> 01:04:41,670
around with pool and all that
kind of stuff. So now that it's

976
01:04:41,670 --> 01:04:46,590
posted 700,000 I've got a lot of
that time. So hopefully next

977
01:04:46,590 --> 01:04:52,110
time I'm on will I will have I
will have a semi permanent one,

978
01:04:52,410 --> 01:04:55,410
or rather my permanent one
online and we can and we can do

979
01:04:55,620 --> 01:04:58,500
that. As soon as you have that.
Let us know we'll put it in the

980
01:04:58,530 --> 01:05:02,640
in the value block for this
episode. And in perpetuity

981
01:05:02,640 --> 01:05:04,980
you'll you'll receive SATs for
every single time someone

982
01:05:04,980 --> 01:05:09,840
listens or boosts that episode.
It's great. And hopefully we can

983
01:05:09,840 --> 01:05:14,910
get you back sometime around
blocks 700,050 or we'll figure

984
01:05:14,910 --> 01:05:16,290
out we'll figure out a good
block.

985
01:05:17,040 --> 01:05:22,020
Yeah, yeah, for sure. So that
look rule of thumb. We move at

986
01:05:22,020 --> 01:05:26,220
about 1000 blocks a week, right?
Give or take, right depending on

987
01:05:26,220 --> 01:05:30,390
the difficulty and whatnot. So
750 will be around a year from

988
01:05:30,390 --> 01:05:30,750
now.

989
01:05:30,810 --> 01:05:33,540
Okay, let's talk to you before
then. It'll be more fun. Yeah,

990
01:05:34,320 --> 01:05:34,980
absolutely.

991
01:05:35,250 --> 01:05:38,640
725 you're going to drop to one
or only working one day a week

992
01:05:38,640 --> 01:05:39,150
so you

993
01:05:40,530 --> 01:05:44,070
are just working one normal day
a week that's just one extra

994
01:05:44,070 --> 01:05:44,490
Bitcoin

995
01:05:44,490 --> 01:05:47,610
day pass where can people find
you online? We were delivered

996
01:05:47,610 --> 01:05:48,600
just like this and so

997
01:05:48,600 --> 01:05:56,460
people can find me on Twitter
and friar pass FIHA s s. And you

998
01:05:56,460 --> 01:06:00,780
can also just find me on Bitcoin
magazine. You can you can look

999
01:06:00,780 --> 01:06:04,590
me up there has McCook I've got
maybe seven or eight articles

1000
01:06:04,830 --> 01:06:08,010
over there. And I'm I'm going at
a pretty good clip. I've got a

1001
01:06:08,070 --> 01:06:12,930
I've got another big long read
out today called World Peace and

1002
01:06:12,930 --> 01:06:18,600
the Bitcoin charity. Oh, talk
about how you know Bitcoin is

1003
01:06:18,600 --> 01:06:23,340
the is the greatest charitable
effort man has ever known. So I

1004
01:06:23,340 --> 01:06:27,990
always call it Adam. It's the
it's only the second ever

1005
01:06:27,990 --> 01:06:38,010
charity. Where where the donors
also get rich. First Bank, the

1006
01:06:38,010 --> 01:06:39,000
Clinton Foundation.

1007
01:06:44,460 --> 01:06:47,760
Excellent. Well, I'll be sure to
link to that. Article. Really

1008
01:06:47,760 --> 01:06:50,970
appreciate your time. Ha Say hi
to GG for us. And, and thanks

1009
01:06:50,970 --> 01:06:53,670
for joining the board the board
meeting and we'll we'll have you

1010
01:06:53,670 --> 01:06:55,590
again. We'll have you on as soon
as we can.

1011
01:06:57,270 --> 01:07:00,120
Absolutely pleasure. Pleasure
being on thanks for having on

1012
01:07:00,180 --> 01:07:04,050
and, yeah, boosting the name of
Satoshi Take care.

1013
01:07:04,950 --> 01:07:09,690
Thanks. Take care. Thanks. Bye
bye. Okay, hold on a second.

1014
01:07:09,690 --> 01:07:14,340
Dave. Let me just close the
door.

1015
01:07:16,140 --> 01:07:17,250
What a great guy.

1016
01:07:17,730 --> 01:07:22,830
Fantastic. Completely different
voice and, and speaking manner

1017
01:07:22,830 --> 01:07:23,670
than I expected.

1018
01:07:24,330 --> 01:07:27,390
Yeah, that you look at his
profile pic and stuff. And I'm

1019
01:07:27,390 --> 01:07:27,780
like, this

1020
01:07:27,780 --> 01:07:31,290
is gonna be a total total nerd.
He's gonna be kind of like,

1021
01:07:31,770 --> 01:07:34,740
academic. You know, I don't
know, just I had a whole

1022
01:07:34,740 --> 01:07:36,630
different vibe. This is great.
What a great guy.

1023
01:07:37,950 --> 01:07:40,560
Awesome, very cool. We want to
thank some people. Yeah, let's

1024
01:07:40,560 --> 01:07:44,340
definitely do that value for
value. That is the mantra.

1025
01:07:44,370 --> 01:07:47,490
That's how we survive. That's
how the project survives and

1026
01:07:47,490 --> 01:07:51,510
survives based upon you. And you
just heard it here. If you are

1027
01:07:51,510 --> 01:07:56,760
boosting in the name of Satoshi
to the show. You are not only a

1028
01:07:57,390 --> 01:08:00,270
being philanthropic, but you're
going to get rich. And if not

1029
01:08:00,300 --> 01:08:03,570
just go to hostas, Twitter and
say Hey, what's up

1030
01:08:05,970 --> 01:08:07,800
promised riches as promised

1031
01:08:07,800 --> 01:08:15,030
to get rich. So we still take
cookbooks Fiat fund fun coupons

1032
01:08:15,030 --> 01:08:18,660
at podcast index.org go down the
bottom and click on the red

1033
01:08:19,620 --> 01:08:21,660
Donate button and you'll be able
to send something through

1034
01:08:21,660 --> 01:08:25,890
PayPal. And we also have our
booster grams for you want to

1035
01:08:25,890 --> 01:08:28,500
start with booster grams because
I saw good ones come through.

1036
01:08:28,769 --> 01:08:33,119
Let's do cut books first. Okay,
box it is. I've got them.

1037
01:08:33,749 --> 01:08:35,189
Because I've got them on top of
the pile

1038
01:08:35,190 --> 01:08:37,440
or raincoat go go for Cox.

1039
01:08:38,460 --> 01:08:45,390
Benjamin Bellamy gave us $50 he
says no, sorry. No, no nice.

1040
01:08:45,420 --> 01:08:49,500
Thank you for bringing effing
magic to podcasting. I'll be

1041
01:08:49,500 --> 01:08:53,520
bringing podcasting 2.0 to the
Amsterdam Amsterdam podcast

1042
01:08:53,520 --> 01:08:58,350
festival. Oh, yeah. 24 Yes, very
cool. Put your podcast on the

1043
01:08:58,350 --> 01:09:01,560
map. And he says I'd love to
hear Adam say that in Dutch

1044
01:09:02,940 --> 01:09:04,170
podcast on the maps.

1045
01:09:04,230 --> 01:09:08,730
Oh, that's a very that's a very
American expression. We think

1046
01:09:08,730 --> 01:09:15,540
what the Dutch saying wouldn't
be okay. Here comes it's gonna

1047
01:09:15,540 --> 01:09:19,290
be hard for freshmen for any
person if you're not Dutch

1048
01:09:19,290 --> 01:09:23,010
actually cuz it's gonna sound
like I have gastrointestinal

1049
01:09:23,010 --> 01:09:29,400
issues. Ready to yell podcast up
the cardstock

1050
01:09:31,349 --> 01:09:32,129
do that.

1051
01:09:33,750 --> 01:09:37,830
Do that again. Shorter the Dow
podcast up the cardstock.

1052
01:09:39,599 --> 01:09:47,429
And now, as the French say it is
time for low boost. Hello that

1053
01:09:48,929 --> 01:09:59,459
says go live podcasting and Viva
boos. Let's see. Oh, Ed Ryan,

1054
01:09:59,609 --> 01:10:03,839
and Rob I ended radio ink
magazine Business Journal, he

1055
01:10:03,839 --> 01:10:08,189
gave us $50. And he says, I
always listened to the show

1056
01:10:08,189 --> 01:10:11,909
Saturday morning when riding my
bike to the beach is a 45 mile

1057
01:10:11,909 --> 01:10:20,459
ride. 45 miles that I start at
3:45am holy crap. Dave story

1058
01:10:20,459 --> 01:10:22,709
about having shingles. The cop
writing his wife a ticket was

1059
01:10:22,709 --> 01:10:31,649
fabulous storytelling. Yeah, if
I rode smms if I rode the guide

1060
01:10:31,679 --> 01:10:36,479
you would you did one way trip.
I would come back on a

1061
01:10:36,479 --> 01:10:36,899
stretcher.

1062
01:10:37,680 --> 01:10:40,920
Thank you. medivac. But you'd
come back. Yeah.

1063
01:10:42,090 --> 01:10:44,610
All right. That's our that's our
cookbooks. We got some booster

1064
01:10:44,610 --> 01:10:52,710
grams. Let's see. Mr. Graham
from Chris 482-248-2572. That is

1065
01:10:52,710 --> 01:10:57,060
not his birth name. He says
that's from the fountain nap.

1066
01:10:57,060 --> 01:11:00,810
And he says, ignore my previous
booster Graham. Oh, Chris. I

1067
01:11:00,810 --> 01:11:04,440
didn't even see your previous
booster ignored. I found the

1068
01:11:04,440 --> 01:11:08,100
extract to the GitHub. Oh,
that's for extracting booster

1069
01:11:08,100 --> 01:11:10,560
grants from your node. Yes.
saves me from digging through

1070
01:11:10,560 --> 01:11:15,120
reason.fm spam to search for a
response from Dave. Looking

1071
01:11:15,120 --> 01:11:18,570
forward to playing with the
script. And he gave us 20,001

1072
01:11:18,570 --> 01:11:18,930
says

1073
01:11:19,980 --> 01:11:22,800
nice. Thank you very much.

1074
01:11:23,009 --> 01:11:33,149
Yes. Let's see. Brian of London.
So he gave us multiple boosts

1075
01:11:33,149 --> 01:11:38,339
here. And he says it is working
really nicely. Okay,

1076
01:11:38,400 --> 01:11:38,940
thank you.

1077
01:11:39,330 --> 01:11:41,730
I guess he's talking about cast
ematic that's the that's the

1078
01:11:42,840 --> 01:11:44,340
boosting. Cool Yeah.

1079
01:11:44,400 --> 01:11:49,980
Okay. Cool. He must have he's
he's testing out his his life

1080
01:11:49,980 --> 01:11:52,740
lightning to have gateway money
machine

1081
01:11:53,970 --> 01:11:59,580
is money changer. Yeah. It's
kind of I imagined like Brian

1082
01:11:59,580 --> 01:12:02,160
standing there. The digital
Brian has one of those coin

1083
01:12:02,160 --> 01:12:06,570
changes on his belt is like,
okay, ching ching. Here we go.

1084
01:12:06,570 --> 01:12:07,050
Hyper

1085
01:12:09,330 --> 01:12:11,220
leverage shoots up orders and
down.

1086
01:12:14,880 --> 01:12:18,510
Total Rube Goldberg? I love it.
I love it. Hey, we just have to

1087
01:12:18,510 --> 01:12:22,800
say there is another crypto that
works with podcasting. 2.0 you

1088
01:12:22,800 --> 01:12:24,390
can you can use hive.

1089
01:12:25,290 --> 01:12:29,040
I have no idea how it works. But
it works. I have high power so

1090
01:12:29,040 --> 01:12:35,430
I'm down. Now you're good. Let's
see. Sir. Bill gave us 1000 sets

1091
01:12:35,430 --> 01:12:43,320
and he says boost for Tiny Tim.
gonna live with me forever.

1092
01:12:43,350 --> 01:12:48,120
Yeah, you bet. 10 years from now
the podcast comes Hey, are you

1093
01:12:48,120 --> 01:12:49,110
the shingles guy?

1094
01:12:53,070 --> 01:12:54,990
What's your name? Right.

1095
01:12:56,040 --> 01:13:00,990
Gimme, gimme, gimme. Steven
crater gave us 1000 says and he

1096
01:13:00,990 --> 01:13:05,040
says appreciate your sharing
your story. Well, thanks. Now I

1097
01:13:05,040 --> 01:13:12,990
appreciate you Steve. who say
500 stats from Dave Jackson. Oh,

1098
01:13:13,620 --> 01:13:17,700
yes. Dave thank you so much for
continuing to do leading the

1099
01:13:17,700 --> 01:13:22,710
bleeding. It is it is it is
bleeding the leading or leading

1100
01:13:22,710 --> 01:13:23,310
the bleeding and

1101
01:13:23,310 --> 01:13:32,400
then is it fair to say friend of
the show? That that's just a

1102
01:13:33,810 --> 01:13:37,680
friend of the pod. Stewart just
throw it all out there Dave go

1103
01:13:37,680 --> 01:13:39,390
ahead friend of the pod.

1104
01:13:39,930 --> 01:13:47,790
pod bud. Jackson he gave us 500
SATs and he says thanks for the

1105
01:13:47,790 --> 01:13:50,700
personal story Dave I got a
ticket but my universe to the to

1106
01:13:50,700 --> 01:13:54,780
pick up my diploma. They will
not get a penny from me for the

1107
01:13:54,870 --> 01:13:59,040
for the alumni draws Yeah,
right. Exactly. Yeah, give it to

1108
01:13:59,040 --> 01:13:59,430
him day,

1109
01:13:59,460 --> 01:14:00,600
right. All right.

1110
01:14:01,980 --> 01:14:08,370
11 123 SATs, both from kyron Oh,
our buddy Cameron from

1111
01:14:08,790 --> 01:14:13,560
Immortals. Yeah pod buddy. He
says I totally agree with their

1112
01:14:13,590 --> 01:14:16,050
totally agree with there being
an incentive for apps to play

1113
01:14:16,050 --> 01:14:18,960
around with their features and
settings. I use breeze for

1114
01:14:18,960 --> 01:14:22,170
streaming a podcast with
chapters that are fixed part of

1115
01:14:22,170 --> 01:14:27,990
my schedule 2.0 pod land testing
my own podcast, pod friend for

1116
01:14:27,990 --> 01:14:31,680
new podcasts and sending them
booster grams Curio Castor for

1117
01:14:31,680 --> 01:14:35,310
long booster gram messages when
I am on the laptop fountain for

1118
01:14:35,310 --> 01:14:38,340
small easy tests of pods that
are just getting into the 2.0

1119
01:14:38,340 --> 01:14:38,850
features.

1120
01:14:40,410 --> 01:14:47,550
I have the same like when I flew
to Holland. I used a combo of

1121
01:14:47,550 --> 01:14:55,440
breeze and pod verse now. Yeah.
And that worked really well. So

1122
01:14:55,440 --> 01:14:56,040
nice.

1123
01:14:56,550 --> 01:14:59,970
The whole bottom half of the
front page, the first page of my

1124
01:15:00,000 --> 01:15:01,410
I like the whole bucket

1125
01:15:01,410 --> 01:15:04,500
is all as podcast. I have it in
a folder.

1126
01:15:05,070 --> 01:15:12,510
Okay. Let's see who we got here.
Oh kyron again 5522 SATs and he

1127
01:15:12,510 --> 01:15:15,510
says, well that mix up at the
end was incredible boost and

1128
01:15:15,510 --> 01:15:16,140
again just for

1129
01:15:16,140 --> 01:15:21,540
the good job, Ruthie that was
not one like that a lot. That

1130
01:15:21,540 --> 01:15:21,720
thing

1131
01:15:21,720 --> 01:15:31,020
was crazy. See guy gave us 3838
so 3838 set, he says, says Dave,

1132
01:15:31,020 --> 01:15:33,300
I really appreciate getting a
peek into the Jones story go

1133
01:15:33,300 --> 01:15:34,950
podcasting and go beach towels.

1134
01:15:36,870 --> 01:15:37,950
beach towels,

1135
01:15:38,970 --> 01:15:41,250
and beach towel deficient right
now.

1136
01:15:41,310 --> 01:15:45,540
I saw some was booming. someone
tweeted something at me today

1137
01:15:45,540 --> 01:15:49,140
and I immediately told that the
no agenda shop guys, they should

1138
01:15:49,380 --> 01:15:52,290
look in that. What was it? I'm
gonna take a look at it. You say

1139
01:15:52,290 --> 01:15:55,650
that they have that T shirt? The
Are you even in the index, bro?

1140
01:15:56,010 --> 01:15:59,850
I've got that T shirt. You have
it? Okay, I don't even have

1141
01:15:59,850 --> 01:16:00,570
that. Cool.

1142
01:16:00,660 --> 01:16:03,420
Yeah. Now by everything. They
put out

1143
01:16:03,420 --> 01:16:06,090
a lot of cool stuff. Let me see
what was it? Someone had a

1144
01:16:06,090 --> 01:16:10,740
great, great quality to me. Oh,
yes. Like, join the boost to get

1145
01:16:10,770 --> 01:16:12,270
boost the gram revolution.

1146
01:16:13,530 --> 01:16:15,180
That's a good one. I like that.

1147
01:16:15,750 --> 01:16:17,640
If you ain't boosting you ain't
supporting.

1148
01:16:18,660 --> 01:16:20,610
Oh, yeah. No, I

1149
01:16:20,610 --> 01:16:21,900
was. Just go ahead.

1150
01:16:22,320 --> 01:16:22,800
No,

1151
01:16:23,280 --> 01:16:28,710
I was gonna say I was listening
to sounds profitable. And had on

1152
01:16:28,710 --> 01:16:33,780
this delightful young lady.
She's running a firm that

1153
01:16:33,780 --> 01:16:38,250
represents podcasts for I think
mainly host endorsements, but

1154
01:16:38,250 --> 01:16:42,060
also streaming ad insertions.
And their company focused on

1155
01:16:42,060 --> 01:16:46,800
kind of the rest. So not the big
names. They've got this whole

1156
01:16:46,800 --> 01:16:49,620
large level in the middle. And
I'm just listening to the

1157
01:16:49,620 --> 01:16:53,760
numbers. I'm like, Oh, my God, I
want to call this lady and say,

1158
01:16:54,270 --> 01:16:57,810
why don't we want to talk to all
of the podcasts you represent

1159
01:16:57,810 --> 01:17:02,070
and making some real money. If
they can do host endorsement,

1160
01:17:02,070 --> 01:17:05,010
they can endorse their own show
and learn how to do a value for

1161
01:17:05,010 --> 01:17:09,300
value ask. And they'll make more
money, and they will end and the

1162
01:17:09,300 --> 01:17:14,730
agency would make more money.
Anyway, I decided a way to wait

1163
01:17:14,730 --> 01:17:16,920
probably half a year and then
I'll have you call her. That's

1164
01:17:16,920 --> 01:17:22,860
the way that you get shit done.
I call it like a washed up MTV

1165
01:17:22,860 --> 01:17:23,670
guy. And

1166
01:17:24,870 --> 01:17:29,100
you know, Brian Barletta is is a
great guy. I had a, we probably

1167
01:17:29,100 --> 01:17:34,440
talked for an hour. We had his
probe in three weeks ago. I

1168
01:17:34,440 --> 01:17:36,360
don't know three or four weeks
ago, I can't I can't remember.

1169
01:17:37,050 --> 01:17:41,520
But we were supposed to it was
supposed to be me and him and

1170
01:17:41,520 --> 01:17:45,960
Dan Benjamin doing a thing on
the ulsd stuff on sounds

1171
01:17:45,960 --> 01:17:50,610
profitable. And Dan's schedule
got mixed up. And so we weren't

1172
01:17:50,610 --> 01:17:54,270
able to do it. But me and Brian.
And we didn't find out until

1173
01:17:54,270 --> 01:17:56,400
right before the thing was about
start. So me and Brian just

1174
01:17:56,400 --> 01:17:59,820
ended up basically on a zoom
call just with each other. And I

1175
01:17:59,820 --> 01:18:03,150
mean, we talked for like my
entire lunch break. And he's a

1176
01:18:03,150 --> 01:18:07,950
great guy. He's got a lot of
good ideas grill. This story has

1177
01:18:07,950 --> 01:18:10,560
no point other than than to just
say, Oh, I think he's a great

1178
01:18:10,560 --> 01:18:13,920
guy. He's a go getter. Yeah. I
wouldn't mind doing, you know,

1179
01:18:13,920 --> 01:18:18,120
working with him a little bit
more. Yeah. He's not like he's

1180
01:18:18,120 --> 01:18:22,440
realistic. I mean, he's in the
ad tech thing, but he's not sold

1181
01:18:22,440 --> 01:18:27,210
out to, you know, no other model
like, like he's trying to make

1182
01:18:27,240 --> 01:18:32,940
the whole thing better and work.
And so I don't think that I

1183
01:18:32,940 --> 01:18:35,400
think that he's absolutely
somebody who just gets it. Yeah,

1184
01:18:35,400 --> 01:18:36,630
I mean, we we had him on our
show.

1185
01:18:37,470 --> 01:18:38,940
Yeah, absolutely. Yeah.

1186
01:18:40,230 --> 01:18:47,700
Anyway, Mary, Oscar gave us 7777
SATs. That is numerology for

1187
01:18:47,700 --> 01:18:48,030
sure.

1188
01:18:50,040 --> 01:18:51,360
We recognize it now.

1189
01:18:52,110 --> 01:18:54,480
The conversation around
misinformation in free speech is

1190
01:18:54,480 --> 01:18:57,480
one that's the most important of
our time and what better place

1191
01:18:57,480 --> 01:19:00,300
to have it then on the pot in
the podcasting 2.0 board room.

1192
01:19:05,370 --> 01:19:12,750
3333 sets from watch man, and he
says podcasting 2.0 reignited my

1193
01:19:12,750 --> 01:19:16,110
desire to start producing shows
again, nice unofficial,

1194
01:19:16,170 --> 01:19:20,190
unofficial sports book podcast
and taking more of it taking

1195
01:19:20,190 --> 01:19:23,340
Marvel plus it'd be talking.
Talking Marvel plus fans

1196
01:19:23,340 --> 01:19:24,960
rejoice. Good podcasting.

1197
01:19:28,500 --> 01:19:30,870
Tell me what you need. Man. I
know that I know the CEO of

1198
01:19:30,870 --> 01:19:31,410
Marvel.

1199
01:19:32,220 --> 01:19:35,850
Oh, nice. Yeah. Real nerd. A
real

1200
01:19:36,990 --> 01:19:42,150
real super nerd. Yeah, I'm not
talking about the I mean, he's

1201
01:19:42,150 --> 01:19:46,560
now co CEO because the CEO CEO,
but I think he's he's kind of

1202
01:19:47,190 --> 01:19:50,940
slipping out the back. Because
he's, like Disney material. He's

1203
01:19:50,940 --> 01:19:53,220
like, he's like Trump's best
friend.

1204
01:19:54,360 --> 01:19:58,230
Is this hard? Like I may be
lying here, but I've thought I

1205
01:19:58,230 --> 01:20:01,350
remember hearing recently that
Marvel Like executive

1206
01:20:01,830 --> 01:20:05,430
leadership. They're like they're
older, right? I mean, they're

1207
01:20:05,790 --> 01:20:06,660
older guys.

1208
01:20:06,720 --> 01:20:12,090
Oh, yeah. The, what's his name
now sour owl, or, you know, some

1209
01:20:12,600 --> 01:20:18,150
super New York Jewish business
guy. And he's got to be in the

1210
01:20:18,150 --> 01:20:22,350
70s. But ever since they, you
know, Disney acquired them. It's

1211
01:20:22,350 --> 01:20:27,660
like he is not Disney material.
To the CFO who I know has now

1212
01:20:27,660 --> 01:20:30,540
kind of become like a co CEO,
you know, he's more of an

1213
01:20:30,540 --> 01:20:34,710
operator. And they also don't
own the cinematic universe.

1214
01:20:34,920 --> 01:20:38,310
That's, that's a separate unit.
But if you want somewhere to

1215
01:20:38,310 --> 01:20:39,060
comics, let me

1216
01:20:39,060 --> 01:20:41,100
know. Oh, so he's on the comics.

1217
01:20:42,360 --> 01:20:45,840
And also NF T's actually the new
huge NF T's.

1218
01:20:46,320 --> 01:20:49,350
Man, they guess Marvel gets so
screwed back in the 90s when

1219
01:20:49,350 --> 01:20:52,560
they get so desperate for money
and they sold rise to

1220
01:20:52,560 --> 01:20:54,960
everything. I mean, they're
doing fine now, obviously, but I

1221
01:20:54,960 --> 01:20:56,460
mean, man, they talk about

1222
01:20:57,270 --> 01:20:59,940
that. Yeah. Which Yes, what you
do

1223
01:21:00,780 --> 01:21:09,570
see 49 44,949 SATs 4949. From
John's Bert. He gave he says, Kj

1224
01:21:09,570 --> 01:21:13,650
says get better. Dave. I'm fine,
man. I'm

1225
01:21:15,870 --> 01:21:18,690
sorry. I'm already looking for
bleach cures for you,

1226
01:21:19,140 --> 01:21:28,770
though. Yeah. Unless you bleach
and bleach the flick, see 10,000

1227
01:21:28,770 --> 01:21:34,290
SATs from bleach pliki bobber be
at no agenda social.

1228
01:21:35,400 --> 01:21:37,680
flicky, Bobby. Right. Okay.

1229
01:21:37,980 --> 01:21:44,580
And he says and he just says
boost. 10,000 SAS. Thank you,

1230
01:21:44,580 --> 01:21:49,620
buddy. Thank you. 5000 SATs from
anonymous. That's embrace so

1231
01:21:49,620 --> 01:21:55,080
they're all anonymous. He says
Duke dude named Ben here. Thank

1232
01:21:55,080 --> 01:21:58,410
you for the work you were doing
to keep our speech free. Oh,

1233
01:21:58,410 --> 01:22:02,640
man. Thank you. Cuz he actually
is there a dude named Ben?

1234
01:22:03,360 --> 01:22:06,750
Yes. Just a couple actually. I
think nice.

1235
01:22:06,780 --> 01:22:09,360
Now. Getting some do cross over
here.

1236
01:22:09,420 --> 01:22:13,050
Oh, yeah. Oh, yeah. Well, yeah,
we already have the rownum Oh,

1237
01:22:13,050 --> 01:22:14,850
so it should be rownum opes.

1238
01:22:15,390 --> 01:22:22,290
Let's put panaroma Oh, no,
Romano poner Romano and

1239
01:22:22,710 --> 01:22:27,120
anonymous. fries gave us 1000
SATs and he just and he or she

1240
01:22:27,120 --> 01:22:29,670
just says Happy anniversary.
Thank you. Thank you. Yes.

1241
01:22:29,880 --> 01:22:30,720
That's from the 50

1242
01:22:32,310 --> 01:22:34,080
coming from breeze. Yep.

1243
01:22:35,760 --> 01:22:40,950
Same Bill. Bill Prague's. He
goes 500 says he says no idea,

1244
01:22:40,950 --> 01:22:44,790
would it but maybe the Wim Hof
breathing could help with that.

1245
01:22:45,180 --> 01:22:48,810
Oh, Wim Hof. Oh, my goodness
with shingles. Yeah. Wim Hof

1246
01:22:48,810 --> 01:22:51,960
Dutch guy. He's the one that
does the ice baths. You've got

1247
01:22:51,960 --> 01:22:57,120
to see this guy. He controls
everything in his body with

1248
01:22:57,120 --> 01:23:01,530
breathing, and particularly with
ice water. And this is what Oh,

1249
01:23:01,530 --> 01:23:05,910
yeah. This guy's amazing. He
injected himself with E. coli.

1250
01:23:07,290 --> 01:23:10,440
Just to prove that he would not
get sick through his technique.

1251
01:23:10,650 --> 01:23:14,190
And he did Oh, shit. Yeah. And
he did not. You've got it's,

1252
01:23:14,220 --> 01:23:15,870
it's mind boggling. This guy.

1253
01:23:17,100 --> 01:23:22,860
Okay. Okay, here, I'm gonna say
I was thinking about this the

1254
01:23:22,860 --> 01:23:30,000
other day. This brings me brings
it up to my mind. The the part

1255
01:23:31,530 --> 01:23:34,290
we're removing some of the
problem I have some of the

1256
01:23:34,290 --> 01:23:39,600
problem with COVID is we're
removing the power of the human

1257
01:23:39,600 --> 01:23:43,380
body. The testing, okay, it's
the testing. Oh, I'm sorry, the

1258
01:23:43,500 --> 01:23:48,180
the constant testing all the
time. But stop.

1259
01:23:48,840 --> 01:23:54,360
Word PCR is never even intended
to be a test. That is the

1260
01:23:54,360 --> 01:23:56,100
biggest scam is the testing.

1261
01:23:56,730 --> 01:24:01,890
Agreed. And the here here's my
angle on it, though. The testing

1262
01:24:02,310 --> 01:24:07,260
is removing the power of
placebo. The placebo power of

1263
01:24:07,260 --> 01:24:12,330
the mind is incredibly real
works. If you think you took

1264
01:24:12,330 --> 01:24:16,800
something and it light. And we
don't even know how often this

1265
01:24:16,800 --> 01:24:17,610
happens. In fact,

1266
01:24:17,640 --> 01:24:21,960
in men in medicine, placebo is
called the placebo problem by

1267
01:24:21,990 --> 01:24:23,040
the scientists.

1268
01:24:23,220 --> 01:24:27,270
Yes. Because it actually there's
a certain percentage of the time

1269
01:24:27,270 --> 01:24:31,110
where the placebo effect is the
thing that heals not the

1270
01:24:31,110 --> 01:24:34,800
medication, or not, whatever it
is your take. That's the whole

1271
01:24:34,800 --> 01:24:39,030
idea. I mean, like, that's how
the was there was that thing

1272
01:24:39,030 --> 01:24:42,510
where you take little bits of
stuff and dissolve it in water

1273
01:24:42,510 --> 01:24:46,740
and micro dosing? No, no, no.
Like I keep wanting to say

1274
01:24:46,740 --> 01:24:51,180
apothecary, but that's not
that's not compounding is

1275
01:24:51,450 --> 01:24:55,860
something that somebody will
correct me if I'm wrong. Yes,

1276
01:24:56,010 --> 01:24:59,970
it's like you take these little
bits of mineral or a little bit

1277
01:25:00,000 --> 01:25:03,480
Have something and you'll dilute
them in large amounts of water.

1278
01:25:03,480 --> 01:25:05,760
And it's put in the new take it
and it's supposed to have these

1279
01:25:05,760 --> 01:25:10,200
effects. But like it's all
placebo, but it's super

1280
01:25:10,200 --> 01:25:14,820
powerful. But if you test test
test all the time, then you're

1281
01:25:14,850 --> 01:25:19,920
making the mind depend on the
test and not the you point wash

1282
01:25:19,920 --> 01:25:20,460
away, guys.

1283
01:25:21,930 --> 01:25:27,390
Well, I'll make it one one step
worse. In all the vaccine

1284
01:25:27,390 --> 01:25:30,780
trials, they had a control
group. And the control group, of

1285
01:25:30,780 --> 01:25:33,840
course, gets the placebo. And
you need the control group to

1286
01:25:33,840 --> 01:25:37,290
see, you know, what's the
difference between the actual

1287
01:25:37,290 --> 01:25:41,490
medication and people who
believe they got the medication,

1288
01:25:41,490 --> 01:25:45,210
or at least they don't know. If
it's double blind, the doctors

1289
01:25:45,210 --> 01:25:48,180
don't know either. But it
wasn't. And what they did was

1290
01:25:48,540 --> 01:25:53,340
after I think, like, two months,
they said, All right, everyone

1291
01:25:53,340 --> 01:25:55,140
who's in the control group,
we're just going to give you the

1292
01:25:55,140 --> 01:26:01,260
vaccine. So now we have no
control group and no placebo

1293
01:26:01,290 --> 01:26:05,610
effect to to look at the study,

1294
01:26:06,089 --> 01:26:10,079
yet see that we they should have
just when they say okay, if you

1295
01:26:10,079 --> 01:26:14,339
get the vaccine, you never have
to test again. Then, if you're

1296
01:26:14,339 --> 01:26:18,869
fine, from then on out, you're
good, like placebo. It doesn't

1297
01:26:18,869 --> 01:26:22,529
matter if if any of it doesn't
matter what worked. It's just

1298
01:26:22,589 --> 01:26:24,299
you stop testing and you're
like, you're good.

1299
01:26:25,200 --> 01:26:29,760
And you cannot mention placebo
without talking about us

1300
01:26:29,760 --> 01:26:35,970
counterpart, no CBOE news. Nice
the opposite. The no CBOE I've

1301
01:26:35,970 --> 01:26:38,850
never heard of this. Oh, yeah.
Oh, no. I learned this from mo

1302
01:26:38,850 --> 01:26:42,480
actually, even though I'd heard
of it. He really took me down to

1303
01:26:42,480 --> 01:26:47,670
CBOE. He said most, you know,
CBOE a detrimental effect on

1304
01:26:47,670 --> 01:26:51,180
health produced by psychological
or psychosomatic factors such as

1305
01:26:51,180 --> 01:26:56,550
negative expectations of
treatment or prognosis. Oh, so

1306
01:26:56,550 --> 01:27:00,810
these are the opposite testing
is probably a no cebo effect.

1307
01:27:01,440 --> 01:27:04,140
Oh, yeah. Cuz you're, you're,
you're so worried that you now

1308
01:27:04,140 --> 01:27:06,840
come up positive. Yeah, I'm
having this right now. Yeah.

1309
01:27:06,870 --> 01:27:09,270
Because we're going to we're
going to Chicago and I'm so

1310
01:27:09,270 --> 01:27:12,210
afraid. I know. I'm fine. But
I'm so afraid it's going to come

1311
01:27:12,210 --> 01:27:14,970
back positive. Maybe I'm going
to make it positive.

1312
01:27:15,330 --> 01:27:18,570
That's why I whenever I see
those pharmaceutical commercials

1313
01:27:18,570 --> 01:27:22,170
Come on TV at night, I turn I
mute the sound and I don't look.

1314
01:27:22,560 --> 01:27:25,590
I'm I'm so afraid if I keep
watching that shit. I'm gonna

1315
01:27:25,590 --> 01:27:29,280
have psoriasis. I'm gonna have
I'm gonna have like what I

1316
01:27:29,280 --> 01:27:32,640
already have Tardive. tardive
dyskinesia. Although it's not

1317
01:27:32,640 --> 01:27:36,750
from that I have the same
symptoms. He knows like holy

1318
01:27:36,750 --> 01:27:40,710
crap art. Oh, rheumatoid
arthritis. I'm depressed. I just

1319
01:27:40,710 --> 01:27:45,360
want to shoot myself now. I'm
very I seriously you asked Tina.

1320
01:27:45,810 --> 01:27:48,720
I just turn it off. Just turn
turn off the sound. I don't want

1321
01:27:48,720 --> 01:27:51,870
to hear it and we do not watch.
Definitely afraid of

1322
01:27:52,470 --> 01:27:53,880
him half. Yeah.

1323
01:27:54,930 --> 01:27:57,270
You need to see this guy. You
love him. Okay.

1324
01:27:59,310 --> 01:27:59,880
Thank you, Bill.

1325
01:28:01,290 --> 01:28:05,010
Let's see yes. Oh, another great
tip from your podcasting 2.0

1326
01:28:05,130 --> 01:28:05,880
board meeting

1327
01:28:07,530 --> 01:28:13,620
5000 stats from anonymous. This
is called a bear boost from the

1328
01:28:13,620 --> 01:28:17,370
boost guy in the clip you play.
intergalactic? boombox

1329
01:28:17,400 --> 01:28:24,030
here's from the guy Thank you he
was just lazy didn't want to

1330
01:28:24,030 --> 01:28:28,350
fill out his name in the front
field that would be great by the

1331
01:28:28,350 --> 01:28:29,460
way if that's stuck

1332
01:28:30,960 --> 01:28:31,830
Oh, what

1333
01:28:31,950 --> 01:28:35,760
if the if the from field instead
of always being default

1334
01:28:35,760 --> 01:28:37,470
anonymous if it had your name?

1335
01:28:38,430 --> 01:28:43,470
Oh, yeah, yeah. breeze they I
guess they just want to keep

1336
01:28:43,470 --> 01:28:44,040
everything

1337
01:28:44,220 --> 01:28:47,820
oh yes right breeze has no name
although I did mention that to

1338
01:28:47,820 --> 01:28:51,240
Roy said your name is also as
well. Let's first see how the

1339
01:28:51,270 --> 01:28:55,680
how the boosts work. Okay.
booster grabs with a mouse. This

1340
01:28:55,680 --> 01:28:56,160
is great.

1341
01:28:57,780 --> 01:29:03,480
b mozzie says Brian mozzie Brian
mozzie says thanks for sharing

1342
01:29:03,480 --> 01:29:06,450
your stories. Dave. Very
powerful. 10,000 SATs

1343
01:29:07,110 --> 01:29:08,760
Thank you. Thank you so much.

1344
01:29:09,210 --> 01:29:15,000
I released that one cracks me
up. Okay, we got some money,

1345
01:29:15,150 --> 01:29:18,630
especially since boost boosters
are now on hold again in the US.

1346
01:29:18,990 --> 01:29:22,350
I mean, Fauci can't get this
boost together, but we got

1347
01:29:22,350 --> 01:29:23,070
boosts.

1348
01:29:23,640 --> 01:29:26,970
Well, I keep looking for the
word but like I'm trying to find

1349
01:29:26,970 --> 01:29:31,950
more ISOs and I can't find any
that are good. Motor booster

1350
01:29:31,980 --> 01:29:34,650
questions. They'll show up,
though. She's quest.

1351
01:29:35,940 --> 01:29:39,780
Okay, Jeremy Cavanaugh gives $10
and these are monthly guys at

1352
01:29:39,780 --> 01:29:45,060
Jeffrey Rutherford give us $5
Alex gates $25 in math still

1353
01:29:45,060 --> 01:29:48,900
marveled the fact we get a
consultant to pay us which is

1354
01:29:48,900 --> 01:29:49,260
awesome.

1355
01:29:50,820 --> 01:29:55,980
That is great as well. We also
we also had Haasan I mean, he's

1356
01:29:55,980 --> 01:30:00,930
a consultant to we are winning
right now. We are super winning.

1357
01:30:00,960 --> 01:30:06,390
Yes, everything for free Dave
including your work we knew

1358
01:30:07,410 --> 01:30:12,360
this true. Chris Cowan $5 David
Norman he he that cannot be

1359
01:30:12,360 --> 01:30:17,910
found he gave us $25 Derek
Fisker hope your baby's doing

1360
01:30:17,910 --> 01:30:23,940
good day. Derek Vickery It was
$21 Damon, Cassie, Cassie, jack

1361
01:30:24,060 --> 01:30:27,450
$15 Damon and Derek both both
been around for a long time.

1362
01:30:27,450 --> 01:30:32,250
Appreciate you guys. Paul
Saltzman $22.22

1363
01:30:32,280 --> 01:30:35,400
it's always always good with him
his numbers, always check in to

1364
01:30:35,400 --> 01:30:35,940
two to two.

1365
01:30:36,720 --> 01:30:41,310
And Soren Miller also a longtime
are $10 Thank you, sir. That's

1366
01:30:41,370 --> 01:30:41,730
it, guys.

1367
01:30:42,600 --> 01:30:46,800
Thank you very much because you
are really helping this happen.

1368
01:30:48,750 --> 01:30:51,300
It's the time the talent the
treasure, we see what we have

1369
01:30:51,300 --> 01:30:54,240
some people given all of it.
It's so much appreciated. This

1370
01:30:54,240 --> 01:30:57,900
is it. Look at what's happening.
We're just a year into this. And

1371
01:30:57,900 --> 01:31:02,310
we have we're on we got runway,
you know, we're rolling. Yeah, I

1372
01:31:02,310 --> 01:31:03,870
would say we have liftoff
actually.

1373
01:31:04,500 --> 01:31:07,740
I want to get I want to get live
working. And then we've got

1374
01:31:07,740 --> 01:31:10,140
we've got Facebook, we don't
have a guest next week we got

1375
01:31:10,140 --> 01:31:12,990
phase four tags we can talk
about a lot. We can get back to

1376
01:31:12,990 --> 01:31:15,030
podcast stuff next week. Okay,
talk

1377
01:31:15,060 --> 01:31:17,550
Oh, and I'm sure all kinds of
shit will happen in the

1378
01:31:17,550 --> 01:31:21,480
meantime, something something
will pop up that we have to fix.

1379
01:31:23,970 --> 01:31:26,640
Something will happen in
podcasting, we need to go save

1380
01:31:26,640 --> 01:31:27,180
dammit.

1381
01:31:29,070 --> 01:31:36,330
The Yeah, but yeah, I'm excited
about live. I want us to be the

1382
01:31:36,330 --> 01:31:41,640
guinea pig. And maybe we can try
to I want to try to get at least

1383
01:31:41,640 --> 01:31:45,270
one live stream a guinea pig
test live stream out the door.

1384
01:31:45,780 --> 01:31:49,710
Like, I don't know, in the next
couple of months. I don't know

1385
01:31:49,710 --> 01:31:53,730
if that's realistic. But now,
will we be the end of the year?

1386
01:31:53,969 --> 01:32:01,199
Will we Okay, so having some
standing in the arena? The

1387
01:32:01,199 --> 01:32:06,419
minute we go live is the minute
we say holy crap we need we need

1388
01:32:06,419 --> 01:32:11,099
a feedback loop. Because the
whole so you know I have the IRC

1389
01:32:11,099 --> 01:32:15,989
chat which is the troll room. So
the minute we when you're doing

1390
01:32:15,989 --> 01:32:19,649
live it's what's cool about live
is that you have the the

1391
01:32:19,649 --> 01:32:25,529
immediate response from people
on the other end. So I know that

1392
01:32:26,039 --> 01:32:31,259
but we're not quite there with
comments, but if we're doing

1393
01:32:31,259 --> 01:32:35,249
live does the does your boosted
gram reader script, also known

1394
01:32:35,249 --> 01:32:40,739
as the BRS does it? Does it pull
in in real time? So if people

1395
01:32:40,739 --> 01:32:43,529
are boosting us while we're
doing live when we see these

1396
01:32:43,529 --> 01:32:48,269
come in? Because if so I will
have a boner from here to Tokyo.

1397
01:32:48,299 --> 01:32:50,999
Sorry. It's just that would be
so cool. That doesn't work.

1398
01:32:51,840 --> 01:32:56,670
No, it doesn't do it. Full time.
It may excuse me real time it's

1399
01:32:56,730 --> 01:33:02,670
delayed currently, but I can up
check time where it'll check

1400
01:33:02,670 --> 01:33:03,840
like once a minute,

1401
01:33:03,870 --> 01:33:06,540
you need to boost the grandpa
delay. You need to boost the

1402
01:33:06,540 --> 01:33:07,350
grandpa Ping.

1403
01:33:08,250 --> 01:33:15,090
Stop your rofi send an email was
like, Hey, we need per chapter

1404
01:33:15,090 --> 01:33:15,600
episodes.

1405
01:33:18,750 --> 01:33:23,040
I gave you a mix, man. What's
your problem? But the thing is,

1406
01:33:23,100 --> 01:33:25,680
the whole point of the mix was
Dave have you built it yet? So

1407
01:33:25,680 --> 01:33:29,250
here's roofie Maker of the mix
going Hey, he can do anything

1408
01:33:29,250 --> 01:33:30,870
that Dave guy he's a magician.

1409
01:33:30,990 --> 01:33:37,380
I know I can do crap right now
know that this is this is not

1410
01:33:37,410 --> 01:33:41,190
this is not doable. This is bad.
We're not we're not doing this.

1411
01:33:41,400 --> 01:33:43,020
I do. I do think it's funny
though.

1412
01:33:43,469 --> 01:33:47,819
Yeah. Well, I mean, I can boost
the check time. And we will they

1413
01:33:47,819 --> 01:33:49,859
will be delayed by like one
minute. Yeah, I

1414
01:33:49,860 --> 01:33:53,520
mean, I mean, that's 10 seconds
for the stream buffering. Yeah,

1415
01:33:53,550 --> 01:33:56,460
no, that's fine. Yeah, it's
doable, right? For you

1416
01:33:56,460 --> 01:33:57,300
hilarious.

1417
01:33:57,810 --> 01:34:02,430
The podcast index dot social
could be a makeshift, you know,

1418
01:34:02,490 --> 01:34:05,100
feedback loop from the
beginning, I guess.

1419
01:34:05,880 --> 01:34:08,520
Well, I'm just saying we're
going to need it. We're going

1420
01:34:08,550 --> 01:34:12,360
we're going to need it because
that's the beauty of live live

1421
01:34:12,360 --> 01:34:16,620
really comes to life when and
that's why YouTube Live works.

1422
01:34:16,650 --> 01:34:18,960
You know, it's the it's the
comments as people being or the

1423
01:34:18,960 --> 01:34:22,320
super chats all of that. So
we'll basically do live with

1424
01:34:22,320 --> 01:34:23,700
Super Chat only.

1425
01:34:24,960 --> 01:34:27,960
I've got a I gotta think about
this. This is

1426
01:34:28,560 --> 01:34:30,660
one day, you can do it.

1427
01:34:31,770 --> 01:34:34,290
No, it's too late. It's too late
to be thinking about doing

1428
01:34:34,290 --> 01:34:35,100
things. All right.

1429
01:34:36,180 --> 01:34:39,030
So what do we need to get that
well, that's gonna we still have

1430
01:34:39,030 --> 01:34:42,750
a little bit to go Don't we? Can
we? can we how I mean, do we

1431
01:34:42,750 --> 01:34:48,540
have receiving side for the live
tag? No. Okay. All right. Well,

1432
01:34:49,470 --> 01:34:52,410
if we can get the transmission
side maybe someone will build a

1433
01:34:52,410 --> 01:34:53,970
radio receiver for it.

1434
01:34:56,490 --> 01:35:01,860
You know, by the way, cat see
cast Last dose. Yeah, they

1435
01:35:01,860 --> 01:35:05,520
released some support for
podcasting. 2.0 tags podcasting

1436
01:35:05,520 --> 01:35:10,440
hosts couchbase Oh, fantastic.
They did. Today they released

1437
01:35:11,070 --> 01:35:17,070
support for funding locked. And
what else was it?

1438
01:35:18,119 --> 01:35:20,639
Let me look it up real quick.
All right. I'll take it. Welcome

1439
01:35:20,639 --> 01:35:22,739
to the party guys. Yeah.

1440
01:35:23,699 --> 01:35:28,769
Good. Yeah. Good tag. If funding
locked in good tag, there's a

1441
01:35:28,799 --> 01:35:33,479
there's also another host did is
doing a few tags that I'm not,

1442
01:35:33,569 --> 01:35:35,609
I'm just not gonna say because
I'm not sure if they want to

1443
01:35:35,609 --> 01:35:38,819
announce it, you know,
themselves. But there's another

1444
01:35:38,819 --> 01:35:41,909
host is also putting in some
tags. So we the on the

1445
01:35:41,909 --> 01:35:45,269
production side on the hosting
side, we're starting to see some

1446
01:35:45,269 --> 01:35:46,259
things pick up here.

1447
01:35:46,289 --> 01:35:50,159
Yes. And the Castro West guys
and gals. Put in a poll

1448
01:35:50,159 --> 01:35:53,039
requests. Yeah, put in a poll
request that we can get you on

1449
01:35:53,039 --> 01:35:57,569
the new podcast. apps.com page.
Yes, yes. anyone wanting to make

1450
01:35:57,569 --> 01:36:02,129
sure you're on this page has
grown man. This is so cool.

1451
01:36:03,150 --> 01:36:09,210
Yeah. And we're, I'm working to
get Franco on the show now from

1452
01:36:09,210 --> 01:36:15,120
cast ematic. And so we'll have
him on, hopefully soon. This

1453
01:36:15,120 --> 01:36:18,510
week, we learned that the
developer of cast ematic is also

1454
01:36:18,510 --> 01:36:20,520
a physician, his day job.

1455
01:36:20,730 --> 01:36:22,980
Can he write a prescription for
ivermectin?

1456
01:36:23,490 --> 01:36:27,960
No, he's not a van.

1457
01:36:30,000 --> 01:36:32,250
I got my crack as I need my pace
doctor.

1458
01:36:36,060 --> 01:36:39,630
I mean, like, I wasn't expecting
that. He's like, Oh, come on. By

1459
01:36:39,630 --> 01:36:41,970
the way. During my day job. I'm
a physician. And we've

1460
01:36:41,999 --> 01:36:46,829
got all kinds of great people of
all kinds of fantastic

1461
01:36:46,829 --> 01:36:50,069
backgrounds. This is what I love
so much about this project. And

1462
01:36:50,069 --> 01:36:53,339
that's what podcasting is.
Really is,

1463
01:36:53,879 --> 01:36:57,389
as I so what do you know? Okay.

1464
01:36:59,580 --> 01:37:04,050
But what do you know? We could
use that one more often. Yeah.

1465
01:37:04,200 --> 01:37:05,160
Let's save that one.

1466
01:37:05,880 --> 01:37:09,540
The Yeah, that's, I've been
going for a while you, that's

1467
01:37:09,540 --> 01:37:12,390
about all I got. No, I

1468
01:37:12,390 --> 01:37:17,790
don't think I have anything
else. Or have that article.

1469
01:37:17,790 --> 01:37:21,900
There's some bullcrap on. We are
talking about Spotify. And I

1470
01:37:21,900 --> 01:37:26,730
guess the only Yeah, just again,
for people who want to try some

1471
01:37:26,730 --> 01:37:31,320
of this stuff out Curio caster,
but you can mess around with

1472
01:37:31,860 --> 01:37:34,860
with your own feed. Or you can
actually look at how other

1473
01:37:34,860 --> 01:37:39,090
people's feeds are built. And
you can experiment with some of

1474
01:37:39,090 --> 01:37:41,490
the tags. I think we're now
showing up with our police.

1475
01:37:41,490 --> 01:37:45,120
We've got the host of the person
stuff working. I saw our faces

1476
01:37:45,150 --> 01:37:47,160
appear. So let's

1477
01:37:48,510 --> 01:37:50,130
figure out how to get them into
the channel.

1478
01:37:50,880 --> 01:37:57,570
I think I think Steven B already
put a fix in for that. I'm not

1479
01:37:57,570 --> 01:37:59,010
sure he works so fast.

1480
01:37:59,310 --> 01:38:01,470
He's probably just doing the
same thing with the image.

1481
01:38:01,470 --> 01:38:04,920
Probably just thinking it out.
Yes. And lifting it up to the

1482
01:38:04,920 --> 01:38:05,430
top. Yeah.

1483
01:38:06,750 --> 01:38:10,170
Yeah, so no more of these things
that we're discovering now.

1484
01:38:10,200 --> 01:38:13,350
Like, yeah, oh, yeah, channel
level overrides. I mean, all

1485
01:38:13,350 --> 01:38:16,920
these all these little things is
really great. This this is a

1486
01:38:16,920 --> 01:38:20,910
self hosting revolution coming.
I see more, more and more people

1487
01:38:20,910 --> 01:38:25,170
talking about it, more people
are interested in it. ipfs is is

1488
01:38:25,170 --> 01:38:28,830
cropping backup, although, man,
we've had a lot of trouble with

1489
01:38:28,830 --> 01:38:32,220
the database replication or
download with ipfs. Do we know

1490
01:38:32,220 --> 01:38:35,580
what that is? What Where's
breaking because it just sours

1491
01:38:35,580 --> 01:38:37,380
me on the whole the whole thing.

1492
01:38:37,680 --> 01:38:42,330
It's the daemon. It's the ipfs
daemon daemon. It's, it's is a

1493
01:38:42,330 --> 01:38:43,110
daemon or daemon.

1494
01:38:43,320 --> 01:38:47,250
I say daemon. Okay, but you
write a DA mo n.

1495
01:38:47,730 --> 01:38:49,800
Yeah, I'm gonna say daemon,
because everybody else seems to

1496
01:38:49,800 --> 01:38:55,410
say it's ipfs daemon, that it
crashes and it crashes once or

1497
01:38:55,410 --> 01:39:00,840
twice a week. And I've got it
auto reviving itself. But um,

1498
01:39:01,140 --> 01:39:03,390
I've, you know, I'm going to be
on the so what I'm going to do

1499
01:39:03,390 --> 01:39:05,970
is I'm gonna start putting it in
object storage also, just

1500
01:39:05,970 --> 01:39:09,210
because I'm tired of people
having a bad experience, right?

1501
01:39:09,270 --> 01:39:13,170
Yeah, that's been I've been
good. So I'm also going to be on

1502
01:39:13,170 --> 01:39:18,000
the ipfs podcast. Oh, good. In a
week or so. week or two? Yeah,

1503
01:39:18,030 --> 01:39:18,600
that gets

1504
01:39:18,990 --> 01:39:20,100
Flat Earth guys.

1505
01:39:20,190 --> 01:39:23,580
Yes. Yes, you got you

1506
01:39:23,580 --> 01:39:26,400
gotta you gotta. You gotta lay
some firmament first on them.

1507
01:39:26,970 --> 01:39:30,660
that'll blow their minds. I
don't know. Why not. Try this

1508
01:39:30,660 --> 01:39:33,960
one. crater Earth. This is a new
one I've been looking at.

1509
01:39:34,380 --> 01:39:37,440
And I've not heard this term.
Yes. crater

1510
01:39:37,440 --> 01:39:41,340
Earth. Well, we're actually in a
crater on a much larger Earth.

1511
01:39:42,240 --> 01:39:46,140
So the whole earth our idea of
Earth is in a crater. Yeah,

1512
01:39:46,380 --> 01:39:47,310
think about

1513
01:39:48,480 --> 01:39:52,860
Oh, okay. Okay, cozy. So that's
what so you get the ice ring?

1514
01:39:52,890 --> 01:39:55,080
Yes. It's actually that's just
the

1515
01:39:55,080 --> 01:39:59,190
rim of the crater. It's the
crater rim. Yes, exactly like

1516
01:39:59,190 --> 01:40:01,800
this. I like this. A lot. Yeah,
I'll send you the YouTube

1517
01:40:01,800 --> 01:40:04,770
videos. This is from actually I
think it's a bridey on this one.

1518
01:40:04,860 --> 01:40:08,280
This doesn't. This won't fly on
YouTube.

1519
01:40:10,019 --> 01:40:13,949
La Eric the other day in the
chat, he was like, also, Moon

1520
01:40:13,949 --> 01:40:14,729
equals fake.

1521
01:40:18,960 --> 01:40:23,940
I heard I heard another NASA
guy. But when I was, Oh, it was

1522
01:40:23,940 --> 01:40:28,020
during the MTV Video Music
Awards, which I just just

1523
01:40:28,020 --> 01:40:31,740
tickled me this So, MK Ultra
man, don't let your children

1524
01:40:31,740 --> 01:40:36,960
watch that. And they had to the
obligatory shot to the, to the

1525
01:40:36,960 --> 01:40:41,850
space station with, you know,
male and female astronauts, you

1526
01:40:41,850 --> 01:40:43,950
know, the whole thing equitably
divided, you know, they're,

1527
01:40:44,070 --> 01:40:47,070
they're hanging on their wires
as their wires hanging off the

1528
01:40:47,070 --> 01:40:51,420
wires for the green screen with
the CGI. But they but they are.

1529
01:40:53,010 --> 01:40:56,340
They literally said, We can't
wait to go to the moon and

1530
01:40:56,340 --> 01:41:01,380
beyond. Like, does anyone read
the scripts? They keep doing

1531
01:41:01,380 --> 01:41:04,800
this? I've heard so many NASA
people screw up over this. Yeah,

1532
01:41:04,800 --> 01:41:07,440
one day we'll get to the moon
and even further. I'm like,

1533
01:41:07,680 --> 01:41:12,750
squeeze me. I my parents got me
out of bed. I was like for the

1534
01:41:13,410 --> 01:41:15,450
watch this kid. Oh my I

1535
01:41:15,960 --> 01:41:19,350
almost bought you this the other
day. There was a thing that a

1536
01:41:19,350 --> 01:41:23,670
buddy of mine sent me it was an
auction for one of the a piece

1537
01:41:23,670 --> 01:41:29,250
of the or like an is like a
negative of the of the original.

1538
01:41:30,120 --> 01:41:34,710
Some of the original footage
from the one of the Apollo

1539
01:41:34,710 --> 01:41:38,430
missions, and it was like an
auction thing like some kind of

1540
01:41:38,460 --> 01:41:41,670
online auction. I think this was
like a one of the copies of the

1541
01:41:41,670 --> 01:41:44,760
film they did. It wasn't like
the it wasn't original original,

1542
01:41:44,790 --> 01:41:48,570
right. But it was like some of
the reprints. And it was like, I

1543
01:41:48,570 --> 01:41:52,860
don't know, 20 frames on a
little, you know, what do you

1544
01:41:52,860 --> 01:41:55,860
call it? It's not cellophane,
it's whatever that fill

1545
01:41:55,860 --> 01:41:59,490
cellulose. Cellulose. Yeah, say
Lloyd. Yeah. Is it was like,

1546
01:41:59,760 --> 01:42:02,070
about I don't know about 20
frames on the little strip. And

1547
01:42:02,250 --> 01:42:05,220
the auction was like, you know,
it's like 50 bucks or whatever.

1548
01:42:05,370 --> 01:42:09,210
I was like, oh, man, it was just
and so he sent it to me. He's

1549
01:42:09,210 --> 01:42:12,420
like, Hey, here's your here's
your proof of the moon landing

1550
01:42:12,420 --> 01:42:14,100
and I was just screwing around
with him. I was like, man,

1551
01:42:14,100 --> 01:42:15,720
listen, Nevada to me. Do you?

1552
01:42:15,780 --> 01:42:21,240
Do you know that? NASA has
admitted they lost all of the

1553
01:42:21,270 --> 01:42:27,090
moon landing. Yes. I mean, these
guys just they make it so much

1554
01:42:27,090 --> 01:42:32,160
fun. Yeah, they do. I really,
really appreciate it. Mark Hall.

1555
01:42:32,490 --> 01:42:35,160
He gave me a T shirt for my
birthday. I'm trying to find

1556
01:42:35,670 --> 01:42:40,890
there's a picture of it. And
it's like a moon landing film

1557
01:42:40,890 --> 01:42:50,130
crew. The crew t shirt. Very,
very funny. Very funny. All

1558
01:42:50,130 --> 01:42:54,300
right. Well, then, I think we're
good for now. Enjoy Chicago have

1559
01:42:54,300 --> 01:42:56,490
a you know, congratulations. How
many years you guys been

1560
01:42:56,490 --> 01:43:02,580
married? 22 years. 22 years and
they never had a fight? Nope.

1561
01:43:02,850 --> 01:43:06,780
Unbelievable one. All right,
everybody remember to support us

1562
01:43:06,960 --> 01:43:10,980
to boost when you can. And thank
you very much for supporting

1563
01:43:10,980 --> 01:43:14,640
podcasting. 2.0 Dave have a have
a great week. Have a great trip

1564
01:43:14,640 --> 01:43:16,080
and we'll talk to you next week
in the boardroom.

1565
01:43:16,650 --> 01:43:17,430
Alright man, see you.

1566
01:43:19,980 --> 01:43:22,530
Where we'll be expecting all of
you here your seat will be ready

1567
01:43:22,530 --> 01:43:25,140
the coffee will be hot and the
dose will be fresh. Until then

1568
01:43:25,140 --> 01:43:26,250
take it easy. Bye bye.

1569
01:43:42,180 --> 01:43:47,850
You have been listening to
podcasting 2.0 visit podcast.com

1570
01:43:47,880 --> 01:43:49,500
for more information.