0:00 Hello, everyone. This is Alex Waltz. 0:02 And this is Paul Sztorc. 0:04 And this is Bitcoin Reservations. Can you dig it? What's happening, Paul? 0:08 How did the quality of your existence fluctuate during the last week? 0:12 That question is never on the notes, but you always ask it. 0:18 Okay. Yeah. So you're still avoiding it. 0:22 I don't know. I thought it was fine. I don't know. I'm not prepared for this question. 0:26 I didn't really think about my life too much. 0:28 Okay. Let me try a different question then, if you're not prepared for it. 0:30 How many times did you jerk off this week, honestly? 0:32 Oh, like a lot. Hundreds. 0:38 You're more comfortable answering. 0:39 I think I'm joking. 0:40 I know. I'm laughing because you're more comfortable answering this than the other one. 0:44 Yeah. Well, it was a real question. 0:47 Okay. Sure. It's a real question. All right. 0:50 You know, I was just curious what you were up to this week. 0:53 I got a lapel mic, but apparently it's not good enough. So now I have to hold this microphone. 0:58 So this week had its ups and downs. The lapel mic was a down. 1:05 Right. I see. 1:08 Yeah. 1:11 Okay. Anyway, okay. 1:16 I have to hold this microphone like a loser because if I put it on the table, it doesn't 1:20 work very well. 1:22 You know what? You come off a bit insecure needing to explain to people why you're holding 1:26 the mic like this. You should just hold the mic and be like, I don't give a fuck. 1:28 I'm going to hold it. 1:29 Well, that's why I picked it up off the table in the first place. 1:32 So, but I guess I do give a fuck. I don't know. 1:36 It's not a problem about giving a fuck. The problem is giving a fuck about the right 1:39 things. And I was like, if I would be in your shoes, well, I was in your shoes and I got a 1:42 fucking microphone stand. But if I was in your shoes, I would hold it in my armpit and I would 1:45 talk like this, you know, just to prove a point. 1:47 Like the lapel mic, I can like stick it in. 1:55 Yes, you should do it like that. You should try and do it like that. 1:58 Should have done that and then just not explained it at all. 2:00 And there's also another thing. 2:02 I said, I got a new lapel mic. 2:05 And there's also another thing right now. You see, you clearly have a small penis because 2:09 if you'd have a big dick, you could just hold on your dick. This isn't a microphone stand. 2:13 I have to confess right now what you're seeing here. 2:15 I see. 2:17 Yeah, I didn't know it worked like that. 2:19 I had to get creative. It's long, but thank you for teaching me. 2:23 Long, but sharp. Yeah. 2:24 That's yeah. 2:27 Anyway, it has to get in. It has to be sharp. You know what I'm trying to say? 2:36 No, you don't. 2:36 No, I don't. 2:38 Are you a virgin? Have you never fucked a woman? 2:42 Sharp. Okay. All right. Sure. 2:44 Call me the needle. 2:46 Got it. Okay. 2:49 Anyway, in other news, I've tweeted something that got a bit of attention today. 2:57 This last week, you know, it happened a few days ago, actually. 3:01 What was it? 3:02 Well, for the people who don't know, I did a local Bitcoin trade in 2017, February. 3:08 Wait, what about shout out? What about shout out to Cypher Skunk and Brian Harrington? 3:12 We forgot shout out. Anyway, shout out to Cypher Skunk and Brian Harrington. 3:16 That was number one on the list. I was ready for that. 3:19 They always ask me these vague questions. 3:22 How did the quality of your existence change? I don't, you know, not ready for that. 3:28 Okay. Shout out to Brian and to Cypher Skunk, who they submitted some proof on 3:33 the Twitter blockchain that they listen to our podcast. So we have two people who listen to us. 3:38 It's up to two. 3:39 Up to two. Yeah, that's good. 3:41 We're up from one to two. That's 100% growth. 3:44 I mean, that's how an exponential starts. Like, why am I saying here, you know? 3:51 Anyway, they got enough attention. Let's get back to me, okay? 3:55 The show is about me, not about the fucking people. 3:57 Yeah, he moved himself up to basically the first slot. 4:01 He was determined to talk about this, everyone. 4:03 Yes, I am fucking determined. 4:04 He wants his money back. 4:05 I want my fucking money back. 4:07 He wants money. He, you know, he played the Bitcoin game 4:10 and his Pokemon game got reset and he's in denial. 4:15 He thinks that he can get his level 76 Charizard back. 4:20 So what happened? Let's bring a bit of fucking context. 4:22 I go on a fucking trade and a guy with his girlfriend, they fucking robbed me. 4:26 I swear to fucking God, there's even pictures of them. 4:28 The girl looks like fucking Lil' Kim. Lil' Kim fucking robbed me. 4:30 You know what I'm trying to say? 4:32 No, but I do want you to know, I want to know about how they robbed you. 4:35 Like you met them and then they had a briefcase full of cash or what? 4:39 How did it go down? 4:40 So how did it go down? 4:41 So again, all of this could... 4:42 As a warning to other Bitcoiners. 4:45 Well, all of this could have been avoided and I was an idiot just to make that very clear. 4:48 But I was going to get a new laptop. 4:50 I was going to get the X230. 4:51 You know, the Lenovo. 4:52 I was going to flash the BIOS and everything. 4:54 So I was going to get some money. 4:56 So I'm excited. 4:57 So this guy calls me up and he's like, 4:59 look, I want to do a certain amount of a trade. 5:02 And I'm like, okay, that's fine. 5:03 Let's do it. 5:04 And I'm supposed to meet with him at Houston station in London, you know, at Cafe Rouge. 5:10 And then he goes like, 5:12 dog, is it all right if I send my girl there? 5:14 Because I can't make it anymore. 5:15 I'm like, sure, why not? 5:16 And they also asked me if we could make a bigger amount, which was again a bigger mistake. 5:20 But what is the amount though? 5:21 I don't understand. 5:22 He's buying or selling? 5:24 He's buying Bitcoin for me. 5:25 And he wants to buy initially around 3000 pounds. 5:29 And then he says, can you do more? 5:31 And I'm like, sure, I can do more. 5:32 I need a fucking laptop. 5:33 Of course, I'm going to do more, right? 5:35 And then we're supposed to do 6,200. 5:38 So we get to this fucking cafe there. 5:40 We sit down. 5:41 I sit down with little fucking Kim, okay? 5:44 And, you know, she says, can we please use the local Bitcoin escrow? 5:47 Because I'm a woman and I'm scared. 5:49 Now, again, when you want to get a new laptop, you're not going to like talk about, you know, 5:53 social values. 5:54 And I was like, sure, whatever the fuck you want. 5:57 So in general, a good idea to use the escrow. 6:01 No, it's not. 6:02 And let me explain to you why. 6:03 Okay. 6:03 So an escrow, it's a smart contract when you use an oracle, correct? 6:07 Even if it's not. 6:08 Well, yeah, there's a two of three. 6:09 There's like a third party. 6:13 Yeah, well. 6:13 I can swing it either way. 6:15 Well, in the local Bitcoins precisely, the smart contract wasn't smart because everything 6:19 is custodial. 6:20 It's just the third party that gives the okay. 6:22 So they're the oracle and they're everything. 6:24 Now, the biggest problem with oracles, which you have, is the cost of evaluating reality, 6:29 which most of the time you can say that's infinite because it costs infinite amount 6:32 of resources to evaluate reality properly. 6:36 You know, I wrote like an 85 page white paper on the oracle problem. 6:40 Just get to the theft. 6:42 One second right now. 6:43 Let me give a better fucking context. 6:44 Anyway, so the thing is like, I was going to say why it's not a good idea to use the 6:49 third party. 6:50 It's only as reliable as the third party. 6:52 Yeah. 6:52 Yeah. 6:52 Anyway, but I do it anyway because it didn't matter. 6:55 So they open a trade on local Bitcoins. 6:57 Okay. 6:58 She gives me the money. 6:59 I count the money. 6:59 I have my marker with me. 7:01 I'm counting a lot of cash, by the way, which you shouldn't do. 7:03 I was an idiot type. 7:04 And by the way, this is when I first came to London. 7:06 I came to London like literally five days before this. 7:10 I moved to London just so you're fine. 7:11 Okay. 7:11 Yeah. 7:12 You're like, so you're going around on, so you know around how to get to all these places. 7:17 Oh, I'm using Google maps. 7:18 Houston station. 7:18 Isn't it? 7:19 Is it really pronounced Houston station though in London? 7:22 Houston. 7:24 Anyway, so I'm sitting across the girl. 7:25 I'll check the money. 7:26 The money's all right. 7:26 Then I put the money under my fucking leg. 7:28 Okay. 7:29 And I released the Bitcoins. 7:31 And she goes like, babe, give me the money. 7:34 Like, excuse me. 7:35 She's like, babe, you need to give me the money. 7:37 I was like, I'm sorry, but I don't need to give you the money because we just did a trade. 7:40 And you got a Bitcoins. 7:41 I got a money. 7:42 This is how things go here. 7:44 I'm sure you understand lady. 7:45 And she goes like, babe, you need to give me the money. 7:47 Why didn't you just give up and walk out of the cafe? 7:50 Because I, because first of all, I don't want to cause a scene right now. 7:54 And I want to make sure, because this is the kind of first thing I want to make sure everything 7:57 is fine. 7:57 Maybe she's freaking out. 7:59 I'm trying to be a nice guy. 8:00 So I call her boyfriend and I give him his phone and I go like, dude, talk with your girl. 8:05 She's acting all crazy. 8:07 He says something. 8:08 I don't know what. 8:08 And she's acting all weird. 8:10 And at this point, I'm like, look, I'm just going to go and leave right now. 8:12 You got your Bitcoins. 8:13 You can see it clear. 8:14 What's the point? 8:15 Next thing I know, there's this motherfucker coming here with a hood in, right? 8:18 He goes past the hostess and everything in the restaurants. 8:20 And he comes there and out of nowhere, he goes like, excuse me, miss, are you all right? 8:24 Like out of nowhere. 8:26 Right. 8:26 And then I just, I realized what's happening. 8:28 And I yell, help. 8:29 I'm going to get robbed. 8:30 Fucking help me. 8:31 By the way, people are next to me. 8:32 Like if I do this with my hands, I could touch people on the shoulder. 8:35 So people are right next to us. 8:36 Right. 8:37 And this guy starts, both of them start punching me. 8:39 I have 6,000 pounds in my hand. 8:42 And I'm trying to duck this motherfucker. 8:44 I'm getting hit right and left. 8:45 And they take the money out for me. 8:47 And they run away. 8:49 Okay. 8:49 Oh, that sucks. 8:50 That sucks. 8:51 Right. 8:51 And then the police comes there and I start talking with the police. 8:53 Now, what I didn't realize, they didn't know that Bitcoin, LocalBitcoin is a custodial service. 8:58 And the Bitcoin was released from the escrow in the LocalBitcoin's custodial wallet. 9:03 So I'm, the first thing I'm doing right now, as the police is talking to me, 9:06 I'm going on LocalBitcoin's forum, which was taken down. 9:08 And which I have a snapshot of, by the way, if anyone ever wants to request that, have it saved. 9:14 Anyway, so I try to tell them, guys, I got fucking robbed. 9:18 These people beat me up. 9:19 Please freeze this guy's account. 9:20 Because if I'm an asshole and I'm lying, he gets his money back. 9:23 But if I'm not, he gets away with the money. 9:26 And LocalBitcoins, they really had a really bad attitude, if you ask me. 9:29 Look, I had impeccable feedback there. 9:30 Literally impeccable feedback. 9:31 I was a pro trader. 9:32 So there were so many things they could look on. 9:36 They would tell that, look, this guy is not bullshitting here. 9:38 And the guy goes like, you have to prove this. 9:40 I'm like, I'm not a fucking police. 9:42 How do you want me to prove this to you? 9:43 You have to prove this to us. 9:44 So as I'm signing things with the police and I'm talking with them, 9:47 I'm taking pictures, sending it to LocalBitcoin support. 9:50 I go to the hospital to get checked out because they hit me in the fucking head. 9:52 Maybe that's why I'm so wacky right now, you know. 9:54 And then fucking, they get the fucking, they lock the guy's account. 10:00 Okay. 10:01 Long story short, next day I go to the, they assign a policeman to my case. 10:04 I go there, I give them, again, I sign all their papers. 10:07 I talk to them, whatever. 10:08 There's this policeman. 10:10 By the way, this is 2017. 10:12 No one heard of Bitcoin. 10:13 This was February. 10:14 This guy just thinks this is nuts. 10:16 He couldn't believe someone was willing to give me 6,000 pounds for some crazy thing like this. 10:20 For some internet thing. 10:21 2017 with a 7? 10:23 7, 17, yes. 10:24 February, right before the madness. 10:26 Anyway, so now I'm doing this thing and now I get back to LocalBitcoin. 10:30 And the guy says like, look, man, I really, I don't know what this thing is. 10:33 But look, we have the CDCTV footage. 10:36 We see you're not lying. 10:37 Everything is straightforward here. 10:38 There's nothing wrong. 10:39 So look, if you could get your money, I'll try to help you out and do this thing. 10:42 We're also going to try to make sure we catch these people 10:44 because what it did to you is really bad. 10:46 Here's my card. 10:47 Tell the people from LocalBitcoins to call me at any time. 10:50 And his email and we can get it done. 10:53 Now, I go back. 10:54 I'm so happy at this moment. 10:56 And I go on LocalBitcoins support ticket and I say like, here's the guy's details. 10:59 And they go like, no, you tell the police to contact us. 11:04 Excuse me? 11:05 They say you tell the police to contact us. 11:08 I'm like, what the fuck are you talking about here? 11:10 But you have the guy's card though. 11:12 So what difference does it make? 11:13 They didn't want to contact him. 11:14 That's what bothered me, man. 11:16 Because they could have just, I didn't want him to look out for me. 11:19 But come on, put a bit of fucking effort, right? 11:22 You're making money on me. 11:23 You made money on this fucking trade. 11:25 And then fucking next thing happens. 11:28 I go back and the guy contacts them. 11:30 The guy goes out of his fucking way, the policeman and contacts me. 11:34 And then they said like, they go like, oh, yeah, we talked. 11:39 And nothing happens anymore. 11:40 Then wait a few more months after this. 11:42 And the one of the guy from LocalBitcoins contacts me 11:45 and starts asking again for the guy's details, even though I gave it to them. 11:48 And I was like, OK, can I get an update? 11:50 What's happening? 11:50 And they go like, we have to wait for the Finnish police 11:52 to tell us to give you the Bitcoins back. 11:54 I was like, what the fuck does the Finnish police have to do this? 11:56 I'm not fucking Finnish. 11:59 The Finnish police has zero contact with the incident, 12:01 except they're in the same locality and the same jurisdiction 12:04 as the company there is, which still had nothing to do with this thing. 12:08 So now their excuse is that they need to be contacted by the Finnish police. 12:11 I tell this to the policeman and he said he tried to contact them for Interpol. 12:15 I don't know what the fuck that means. 12:17 And ever since then, I tried almost every three months, 12:20 I tried writing back to them or half a year. 12:22 What's happening? 12:22 What's happening with the Bitcoins? 12:24 And that was a really long story. 12:25 And most of it was actually boring to me. 12:27 But what I think is interesting is that when there's a siren, 12:30 the police are coming. 12:34 This is a story where the free market escrow has screwed you over. 12:38 But the police, the statist police are actually sort of nice in the story, 12:45 which I think is funny. 12:47 There you go. 12:47 It's a reversal of the normal Bitcoin story. 12:51 And the fact that the police officer was like, 12:53 oh, yeah, the wall was custodial, save the day. 12:56 That's what saved me. 12:56 The fight on the wall was, oh, here's the trader, here's the kicker. 12:59 Here's the kicker. 13:00 They robbed two other traders in that day. 13:02 And what they would do, they would go around. 13:04 The woman would go there in a crowded place and then she would yell, 13:07 help, help, help, I need help. 13:09 And then two diggers come in and they used it directly with this guy. 13:12 So yeah. 13:13 Is this guy bothering you? 13:15 Yeah, exactly. 13:17 That's so funny. 13:17 I thought you were going to say something like they tried to rob one guy 13:20 and he just threw him in front of an underground subway 13:24 and he was killed immediately. 13:25 That would have been like a more interesting ending. 13:29 Dude, look how I fucking look. 13:30 Like you fart next to me and I fucking faint. 13:32 You see, I'm a fucking skinny motherfucker. 13:34 What am I going to fucking do, you know? 13:36 You own multiple guitars, so. 13:39 I do, but I'm almost full of them. 13:41 So anyway, the point is that I couldn't take it anymore. 13:44 And I said like, you know what? 13:45 I fucking have to do something about it. 13:46 And then I just didn't want to think too much about it. 13:48 I didn't want to make it like, you know, 13:51 I just picked up my phone and I said, look, I fucking need help. 13:53 No one is fucking listening to me. 13:55 So I recorded a video, I put it out and I texted. 13:57 I texted almost everyone I knew to fucking retweet this shit. 14:01 I was a beggar. 14:02 I was a beggar, but it worked. 14:04 It worked because it got a lot of attention. 14:07 Did it work though? 14:08 Because you haven't turned the Bitcoin back yet. 14:10 Well, at least now they replied back to me. 14:12 So the first step is done. 14:14 What did they say? 14:15 Can you please, they DM me on Twitter and say, 14:17 can you give us the details? 14:18 And that was it. 14:18 Oh, okay. 14:20 Plot twist. 14:23 That girl is the owner of LocalBitcoins. 14:28 That was a weird one. 14:29 It's a long con. 14:30 Yeah, I don't fucking know. 14:32 Anyway, I want my fucking money back at the end of the day. 14:34 I want my fucking seven Bitcoins and you know. 14:36 Seven Bitcoins, yeah. 14:37 So that's like a lot of money. 14:39 That's a lot of fucking money. 14:40 Cha-ching. 14:42 Yeah, that's like whatever, 14:43 like $140,000 US or something. 14:48 Yeah. 14:49 Tax free. 14:51 Yeah, exactly. 14:52 So yeah, that's the story. 14:53 Yeah, well, that's what you get for even trading Bitcoin at all. 14:56 You're just supposed to hodl, okay? 14:58 You're not supposed to do anything. 14:59 Your microphone has been too loud. 15:00 Can you bring it down a bit? 15:01 Oh, okay. 15:02 How's this? 15:03 Is this good? 15:04 Yeah, that's good. 15:04 Yeah, that's perfect. 15:06 How's this? 15:06 No, that's good. 15:07 You're in the right plot. 15:08 Yeah, so you're not, 15:09 so the moral of the story, don't trade Bitcoin. 15:10 The moral of the story is don't use Bitcoin. 15:12 Don't help onboard people to Bitcoin. 15:14 Don't talk about Bitcoin. 15:17 Don't think about Bitcoin. 15:20 Don't even just buy Bitcoin and then don't do anything. 15:25 Wow, that took forever to get to this bullet point. 15:27 Okay. 15:28 Well, what do you think, audience? 15:31 Will Alex ever get his Bitcoin back? 15:37 Leave us a comment below. 15:38 This is what you wanted, to be like a stupid show like that? 15:41 Don't forget to like and subscribe. 15:44 Oh, by the way. 15:45 Click that bell if you want. 15:47 I didn't tell you this, but I'm getting in on the TikTok game. 15:50 I'm going to get in on the TikTok game. 15:52 Are you really? 15:52 I already started posting clips. 15:55 I did already. 15:55 There's two of them posted. 15:56 There's no competition at all. 15:58 There's zero. 15:58 It's the worst. 15:59 It's the absolute worst. 16:00 We're just going to skip to this one. 16:01 It's the terrible TikTok Bitcoin content. 16:03 Oh, we can do that if you want. 16:04 I was just mentioning anyway. 16:06 Too late, we already did. 16:07 Okay. 16:08 Well, go on. 16:10 Um, if you go on and you just search, 16:14 and you don't have to install the communist brainwashing app to go on. 16:19 You can just go to the site and do like slash cryptocurrency or something. 16:24 If you want to watch or slash Bitcoin, you can do like TikTok. 16:26 It's TikTok, T-I-K. 16:28 For those of you living under a rock, there's no C. 16:31 It's TikTok with no Cs. 16:33 And you can just go to the site and look up this stupid videos that everyone 16:37 under the age of whatever, 18, spends all their time watching. 16:43 They're just horrible. 16:44 There's this guy who goes like, 16:45 we saw an arbitrage opportunity between Bitcoin cash and Bitcoin. 16:48 Dude, they're two different assets. 16:50 Of course, they have a different price. 16:52 It's like every horrible thing. 16:53 I don't even know where to begin to describe. 16:55 And the guy goes like, we found a discrepancy in the market. 16:57 And he shows a piece of paper where he made some integrals calculations. 17:02 He shows some integrals that make no fucking sense. 17:06 It's this weird mix. 17:07 There's a lot of themes. 17:09 Some of the themes are like trading advice 17:12 from people who obviously like have no clue what they're talking about at all. 17:16 They don't even know how to read a chart, 17:17 like literally a simple two-dimensional chart. 17:20 And then there's definitely like, yeah. 17:22 So there's like people LARPing as experts. 17:25 There's people trying to be helpful and explain something, 17:32 but horribly misguided and really misjudge the audience. 17:38 And they're like, we're going to help you understand HD wallets. 17:43 And you're just like, oh my God. 17:45 You're describing Twitter, right? 17:46 I'm not describing TikTok. 17:47 It's terrible. 17:48 Yeah. 17:50 Yeah, I don't know. 17:51 I think, but it's worth, have fun and go to TikTok 17:55 and find the cryptocurrency tag or the Bitcoin tag. 17:59 And yikes, it's like if you went back in time, 18:06 like eight years to Bitcoin talk, 18:08 when people were just figuring out Bitcoin, 18:11 except instead of cool people, 18:13 just communicating via the stark medium of text, 18:18 there's like flash because people put a lot of effort into it. 18:21 The videos have a lot of editing. 18:22 They're like, they keep them short. 18:25 That's what makes it even more terrifying in a way. 18:27 The fact that so much effort has been put in. 18:29 And the thing is like, it's not even like, 18:31 I listened to Bitcoin talk all this. 18:32 Everyone was like fucking like nerd feel, 18:34 like everyone knew science, right? 18:36 These are just normal people. 18:37 And look, there's no blaming on them 18:40 because you know what? 18:41 They're trying, man. 18:42 It's like that Brit fit girl. 18:43 Do you know who that is? 18:45 I didn't even listen to what you were saying. 18:46 That was boring. 18:47 What were you talking about? 18:48 What the fuck do you mean you were bored? 18:50 You know who Brit fit is? 18:52 That girl who made the boo, boo, boo dance for Michael Saylor. 18:56 Oh no, I'm happy to say I have no idea what you're talking about. 19:00 By the way, Michael Saylor, 19:01 I really like his metaphor with the ice. 19:03 But here's, I have a story with ice. 19:04 What was the metaphor? 19:05 Oh, that the water in different forms? 19:08 That he has a lot of money. 19:09 No, that's Mao's metaphor. 19:11 Saylor said that he had some money 19:13 that was like an ice cube and it was melting 19:15 and he needed to put it into something. 19:18 Because it was, he was paying the inflation tax. 19:21 Exactly, yeah. 19:22 But I have to say I'm paying an inflation tax 19:24 and I want to pay it. 19:24 Because he's not literal. 19:25 I have a better story with ice cubes. 19:27 Listen, one day I bring a girl home. 19:29 This happened right here, right? 19:30 I bring this girl home. 19:31 I play some guitar for her as I usually do. 19:33 And this was like after I started drinking alcohol 19:35 and everything. 19:36 So I only have water in my house. 19:37 Okay, I only have water. 19:38 And we're sipping on some water 19:40 and the girl looks at me and she goes like, 19:41 do you have some ice cubes? 19:43 And I go like, do you want some ice cubes for your water? 19:47 It's cold, it's from the fridge. 19:48 And she just looks at me. 19:49 She takes a sip out of the glass. 19:51 She puts it on the table, looks me straight in the eye, 19:53 puts a hand on my leg and she goes like, 19:55 I want to put two ice cubes in my mouth 19:57 and suck your dick. 20:04 That's a better ice cube story. 20:07 I weirdly heard of that. 20:08 I don't know why. 20:10 You heard of ice? 20:11 It's a thing. 20:11 Apparently it's a thing. 20:12 The temperature play is like a thing. 20:15 Yeah, that was the first time I heard of that. 20:16 It's only on the fringes I've ever heard hearing about that. 20:18 But I kind of vaguely heard of that. 20:22 That's the first time I heard about it. 20:23 And you know what I did? 20:24 I teleported myself to the fucking supermarket, 20:26 bag of ice, got a bag of ice and... 20:28 Oh, you mean... 20:29 I don't have ice. 20:31 You didn't have an ice cube maker in the freezer? 20:33 No, no, I don't. 20:34 I only drink water. 20:35 This is a... 20:36 Oh, that's a much better ending to the story. 20:38 Is that you're just immediately off to the races. 20:42 Dude, you know how I was? 20:43 I literally, I just jumped up and started running. 20:46 I took my slippers, I literally ran 20:48 and I come back with a bag of ice in my fucking hands. 20:51 You just left her in your apartment? 20:52 Yeah, yeah, yeah. 20:54 There's a lot of thoughts on the back there. 20:58 But I don't want to go anywhere near it. 20:59 Well, I don't have anything to lose. 21:00 I mean, anyway, that's the point. 21:02 Let's get back to the fucking... 21:03 All right. 21:04 To the TikToks. 21:04 What? 21:05 Okay. 21:07 Oh, why is the deal with this Venezuelan fucking thing? 21:09 It's very funny, but I don't know if it's as funny as... 21:11 I don't know if we can follow that story. 21:13 Oh, I have it. 21:14 It is funny though. 21:15 Basically, this is where I put it after the Alex gets robbed. 21:18 But you messed up the fluency because you skipped over it. 21:22 But it was like, basically, the Venezuelan military 21:26 is stealing people's Bitcoin mining equipment. 21:30 And now the Venezuelan government slash military 21:34 is mining Bitcoin. 21:35 And there's very funny photos of it on Twitter 21:38 where these soldiers looking at computers 21:43 and arrays of Bitcoin miners. 21:44 So Venezuela, the government of Venezuela 21:48 officially endorses BTC. 21:53 I mean... 21:54 Even better, the military does. 21:55 Maybe the government doesn't even endorse it. 21:57 I mean, the Maduro dude is like the perfect Bitcoin user. 22:00 Like Bitcoin was made for him. 22:01 Like literally, he's the most censored human being 22:03 on the planet right now. 22:04 He can't get his gold. 22:05 And he's like, fuck you and your gold. 22:07 Exactly, everyone's learning. 22:09 They're learning about... 22:11 They're learning Satoshi's vision 22:16 to have all of your gold. 22:17 That's the real Satoshi's vision. 22:19 It's having all of your gold stolen from you 22:22 and then to become a crazy Bitcoiner 22:24 and have your military steal people's mining hardware 22:27 and then use the socialist power grid to mine Bitcoin. 22:32 So there you go. 22:34 Right, right. 22:36 Okay. 22:37 And is this Janet Yellen thing real? 22:39 That's what I've been trying to figure out 22:40 ever since you put it in. 22:42 Oh my God, that's so crazy. 22:43 Is it real? 22:44 It can't possibly be real. 22:45 I don't know. 22:46 Anyway, there's like this twist going around. 22:48 A lot of people think it's real though. 22:50 Well, let's just say what it is. 22:51 Some people don't know. 22:52 Is there still going around 22:54 and there's like a screenshot 22:55 of someone sending a DM to Yellen and he's... 22:58 It could be real though. 22:59 And he goes like, Janet Yellen joins Twitter 23:02 and Bitcoin immediately hits an all-time high. 23:05 Coincidence? 23:05 Wait, wait, wait. 23:06 Just one second. 23:06 This is a snarky tweet that someone put 23:09 and they tagged Janet Yellen on Twitter. 23:11 Janet Yellen just joins Twitter 23:13 and someone's like, 23:14 I'm gonna write a funny little tweet. 23:15 And the tweet tags at Janet Yellen. 23:19 That's not what's happening. 23:20 That's clearly a DM. 23:21 No, someone tweets this. 23:23 No, I'm saying that that's the tweet 23:24 is that she finds... 23:26 She gets notified of the tweet and sends it in DM. 23:28 So I'm explaining to people what's going on 23:30 because Janet Yellen's not on Twitter at all. 23:33 Then she joins. 23:34 Then someone else makes... 23:35 Some random Bitcoiner makes a snarky tweet. 23:38 Aha, Janet Yellen has joined Twitter 23:42 and Bitcoin price goes up. 23:44 But then Janet Yellen DMs the person. 23:46 There's no way this is real, but... 23:49 She says, I had Bitcoin delete this, right? 23:52 Delete the tweet. 23:53 And then there's another picture of him being blocked by her. 23:57 And being blocked by Janet Yellen. 24:00 Which it's funny because older people 24:02 don't know how Twitter works. 24:05 And they also don't know how like meme combat works 24:08 where people are just like, 24:09 this is like a giant... 24:10 This is Twitter is a lot like that locker room situation 24:13 where guys are just roughing each other up 24:16 to see like who is tough 24:19 and sort of sizing each other up. 24:20 Except crazy psychology version of that on Twitter. 24:24 Where people are just like torturing each other 24:27 to see who will put up with it. 24:29 But adults, super old adults 24:32 who don't know about social media, 24:34 they might not... 24:36 I don't know. 24:36 I guess it could be real. 24:37 There's no way it's real though. 24:39 I don't know. 24:39 She seems cool. 24:40 But I said, is it real? 24:41 And you said, it is real. 24:42 And I was like, fine. 24:45 I hope it's real. 24:46 Anyway, Janet Yellen is mad that someone tweeted 24:48 about her causing the price of Bitcoin to go up. 24:51 Maybe. 24:52 I'm just trying to... 24:53 Like imagine being Janet Yellen 24:55 and like you probably... 24:56 All your life you've been doing those things 24:57 and you feel like you have a grip on things 24:59 and you work hard, you have a career and whatever. 25:01 And all of a sudden Bitcoin comes along. 25:04 All of a sudden Bitcoin comes along and you don't have a technical understanding. 25:06 You're just a dinosaur. 25:07 No, let me tell you this though. 25:09 I can tell you as someone who knows an awful lot about, I have a lot of friends in academia. 25:13 I've been involved in academia for a while and everyone in academia has imposter syndrome. 25:18 They all think that deep down they're a fraud and they don't know anything and that everything is, 25:23 it's all an illusion that it's going to come crashing down any second. 25:27 Do you have this yourself, this imposter syndrome? 25:28 No, way less than them. 25:31 They have it hardcore. 25:33 They all have it. 25:34 Well, that's not true. 25:35 Some of them are actually just brilliant and they don't have it, but it's a very small minority. 25:40 Why do you think that's happening? 25:41 How do you think people end up there? 25:43 And why do you think it's so prevalent in academia? 25:44 In academia? 25:45 Oh, well, it's easy if you... 25:49 Over the recent years, culturally in America, 25:53 it is like a caste system where if you don't go to college, you're like a total failure. 25:57 And you're just, when you're like 16, 17 years old, 26:01 and you're young and you have no money, you have no job, 26:06 the only thing you have is your parents' opinion of you, basically. 26:10 And everyone is brain, the whole culture is like a 100%. 26:14 It's like the pressure is unbelievable. 26:17 And it's like you have to go to college and you have to get into the best college 26:21 and they're all ranked in order from like one to whatever. 26:25 Markets. 26:25 By this defunct fake magazine, U.S. News and World Report. 26:30 It has all the colleges like by the throat. 26:34 And there's so much to say about this. 26:36 It's actually fascinating. 26:37 But there is... 26:38 How does this go to the fact that the people who are in academia and who work there, 26:42 they have imposter syndrome? 26:43 Because there's tremendous prestige in going to a good school. 26:49 And then there's prestige in getting good grades there and then going to graduate school. 26:54 So wouldn't that actually affirm that you are good if you're there? 26:57 And you should stop be like, oh, I know what I'm talking about. 26:59 No, but the culture... 27:00 This is like what I was saying before about... 27:05 Well, we'll get into that later maybe. 27:07 But the culture is telling you that you're so great. 27:11 But deep down, they know that they're just sort of relatively normal 27:15 or maybe just a little better than average 27:18 as far as the ability to do math or remember facts or something. 27:24 So the culture is telling these people that they're at the top of the universe. 27:30 What doesn't make any sense? 27:31 I don't feel like it's consistent. 27:33 Your point is inconsistent to what you said. 27:34 But anyway, because as I was saying, 27:36 I would think that would sort of affirm you that you put effort into something. 27:39 It does at first. 27:40 No, it does at first. 27:41 But you don't understand when your career in academia, 27:43 the very beginning is being at an elite school. 27:48 Then you graduate, you have to teach. 27:49 And you have to teach at like a place that's like several notches beneath you 27:52 because of just the way... 27:54 Did you ever teach anywhere? 27:56 I have. 27:57 Well, I never had like a formal... 28:01 Yeah, I have taught. 28:02 I don't know how to answer that question 28:03 because academia is very weird where getting a job as a professor 28:07 is like an extremely prestigious sort of accomplishment that takes like 10 years. 28:12 Not professor, but like... 28:13 So I have not done that, 28:14 but I have taught undergraduate students many times. 28:17 In fact, I even taught at Yale a few times 28:20 when a professor would just be like, 28:22 I have to go to Zurich. 28:24 Can you teach this class? 28:25 So you weren't like an assistant professor, 28:26 like you're at a young... 28:27 No, because you have to understand, 28:29 assistant professor is an official job title 28:31 that is like takes a lot of time to get. 28:34 So real academics will be very angry 28:37 if I say that I was an assistant, quote, assistant professor 28:40 because that is a totally different meaning. 28:41 Did you had any title where it was just that, 28:43 oh, Paul is a smart kid. 28:44 Let's him... 28:46 Was it like that? 28:46 I don't know. 28:47 I don't know how the titles work. 28:49 I guess I had no title, 28:50 but many times I could teach 28:53 and many times I was a TA when I was in graduate school, 28:56 which is like a teacher's assistant, 28:58 but there's a different... 29:02 A TA is kind of like... 29:04 A lot of people back me up on this. 29:06 The person who does all the work for the class, 29:08 including even teaching the students. 29:11 You look like that. 29:12 Where the TA... 29:15 Some TAs were like great assignments, 29:17 but I didn't do that. 29:19 So I didn't have to do that. 29:20 That's like the sort of bitch work 29:21 or whatever you might want to call it, 29:23 but other TAs would like do the review sessions 29:25 before final exams and things like that. 29:27 So you had to be someone who knew the material to do that. 29:32 So that was like you took a class corporate finance 29:35 or something one semester 29:36 and the next semester you could be the TA. 29:39 So one question, did you went to Yale? 29:41 Is that what you studied? 29:42 No, I worked at Yale, 29:43 but I took a bunch of classes there. 29:46 It's very... 29:47 Academia is very confusing 29:48 because you have to understand all these things about academia, 29:52 which I can tell that no one should ever care. 29:54 After high school, where did you went to? 29:56 I went to Case Western. 29:58 It was an engineering school in Cleveland. 30:00 It's ranked 42, but no one has heard of it. 30:02 Wait a minute, one second. 30:03 This changes my opinion of you a lot then. 30:05 I thought you were supposed to be this really smart whiz kid. 30:07 How come you didn't get into Cambridge or whatever 30:09 or Boston or MIT? 30:10 Because you can get a lot more money. 30:13 You can get more scholarship money 30:14 if you're in like the top of the class. 30:16 And in fact, I graduated from Case Western, 30:18 which was ranked 42 at the time. 30:20 And I graduated in three years. 30:22 No, one second. 30:23 So if you would have gotten to MIT, 30:24 you're telling me you don't think you would have been able 30:25 to be in the top 10%, in the top, 30:28 I don't know, in the top... 30:28 Of the entering class by like SAT score 30:31 and by like high school GPA, 30:32 which is like arbitrary. 30:34 That doesn't matter, my friend. 30:35 It has nothing to do with the... 30:37 That has nothing to do with the point 30:40 about how much money it costs. 30:41 That's the other thing is it costs like an enormous amount 30:43 of money to go to college in the United States. 30:45 Do you know how much it costs? 30:46 I have rough ideas. 30:47 Around seven Bitcoin, isn't it? 30:49 It's around that, doesn't it? 30:51 I think it's like 200. 30:52 I think it may be like probably like 12 or 13 Bitcoin. 30:56 Honest question, honest question right now. 30:58 Looking back, okay. 30:59 And considering that whatever you did, 31:01 it's again, it's not like you're a doctor, 31:03 like a medical doctor. 31:04 But I did ultimately have a job at Yale 31:06 that was kind of like, 31:07 it wasn't technically a postdoc job at Yale. 31:09 So I had ultimately a sort of a prestigious job at Yale 31:12 that was a research job. 31:14 That's fine, that's fine. 31:15 I have a different question. 31:15 Just to set the record completely clear. 31:17 All right, okay. 31:18 Okay, Paul, don't worry about it. 31:19 You insecure motherfucker. 31:20 Let's sit here. 31:21 Let's sit here. 31:23 So looking back right now, okay. 31:24 Looking back, you're 30 years old roughly. 31:27 And considering that you'd never profess 31:29 as like a medical doctor or a lawyer 31:30 or something that requires like a paper 31:32 from somewhere to legally perform. 31:34 Do you think it was worth going 31:36 and spending all those years? 31:38 Or do you think like you could have just been 31:39 on your laptop all these years 31:40 and you're a smart kid anyway? 31:41 No, no, I think it was worth it for me. 31:43 But I think it's almost no one. 31:45 Because I actually use almost all the things 31:48 that I learned in my like Bitcoin career. 31:51 Don't you think you could have like 31:52 learned all those things by yourself literally? 31:54 No, because I think I'm actually, 31:58 academia does beat a little bit of discipline into you 32:01 about like course schedules and finishing. 32:05 I would probably never finish anything. 32:06 I'd be too lazy. 32:08 So it does force you to like do, 32:13 you would just say, it's very tempting. 32:16 It's very tempting to just say, 32:18 well, I understand this and then give up. 32:20 That's a lot of what like the Austrian, 32:21 the internet Austrian economists do. 32:24 They're like, well, the free market just fix everything. 32:27 I understand everything perfectly, I'm a genius. 32:31 And then if you take an exam or even just a quiz 32:33 or even just do homework and turn it in, 32:36 then you get it back and you realize that 32:39 a lot of the stuff you thought you understood was wrong. 32:42 I think that that is actually a valuable experience. 32:45 Okay, do you have any friends from college 32:47 that you still talk with? 32:49 Yes, of course. 32:50 Okay, what are their lives like? 32:52 What do they do? 32:53 I think most people it's, 32:54 I think most people it's not worth it to go to college. 32:57 No, I'm just curious. 32:58 Like what do they do? 32:59 Are they musicians? 33:01 Okay, one of them is sort of like me 33:02 where he's very technical 33:03 and he works for an insurance company 33:05 doing statistics for them and other computer science. 33:09 So this is the guy who's gonna probably 33:11 come with a Kalashnikov next day 33:12 and kill everyone at work because he hates his life. 33:14 Okay. 33:15 No, I think he's doing okay. 33:17 He's got married with kids, he's doing everything. 33:19 I don't know that guy. 33:20 I'm not talking specifically about him. 33:21 I'm just fucking around here, 33:23 but it sounds like that's kind of a fucking job 33:25 which you hate your life. 33:25 That guy was always like a big self-starter. 33:31 He started a lot of, 33:32 he started working when he was very young. 33:34 He worked a lot. 33:35 He was very entrepreneurial. 33:37 He started a band in high school. 33:39 He has a fucking job. 33:40 I would say entrepreneurial. 33:41 He has a fucking job. 33:42 I'm saying growing up, 33:43 because I knew him. 33:45 Oh, then he gave up. 33:46 Then he gave up. 33:47 We went to high school and college together, 33:49 just coincidentally. 33:51 Okay, okay, okay. 33:52 I'm not gonna shit on your friend. 33:53 I know who he is, 33:54 but if he was- 33:55 I know one who's a musician. 33:57 Like what kind? 33:58 Is he famous? 34:00 No. 34:01 Oh, then no point talking about him. 34:02 Next. 34:03 Next one. 34:03 Another is a speech, 34:07 I always forget exactly how to do this, 34:09 but she teaches in the school system 34:15 for people who have like, 34:17 I don't know if it's speech pathology 34:19 or something like that. 34:20 I don't know the exact title. 34:21 Okay. 34:22 But this is like children who have, 34:25 they need extra help to- 34:27 I see, I see. 34:28 They need to learn sort of different things. 34:29 She's like a special ed teacher. 34:31 Is she hot? 34:32 I'm not comfortable answering that question, 34:35 but I think the answer is yes. 34:37 Are they gonna watch a podcast, these people? 34:39 I don't know. 34:40 I have no idea. 34:40 She is also married now. 34:41 Did they follow you on Twitter? 34:43 I think, yeah. 34:44 Okay. 34:45 Then let's give her a shout out. 34:46 Let's do it properly. 34:47 What's her name? 34:48 No, not happening. 34:50 I'm gonna go for the people 34:51 who follow her on Twitter now. 34:52 She's already married. 34:53 Oh, okay, fine. 34:55 You can go through my 22,000 Twitter followers. 34:58 I don't have that much to do, Paul. 35:01 I have a lot of free time on my life. 35:05 Yeah, I don't know. 35:06 There's a bunch. 35:08 But I just think it's so expensive 35:11 that it's become absurd. 35:12 The money you spend and that you don't have 35:16 and four years of your life that you aren't working. 35:20 I know people who are like $200,000 in debt. 35:23 Other people, not my friends, 35:24 but people who are $200,000 in debt. 35:27 You know what the thing is with college? 35:28 Like in the old days- 35:29 You cannot discharge it in bankruptcy. 35:31 You can't even... 35:32 Some people have their parents co-sign for this debt. 35:35 It's like a nightmare. 35:37 Yeah, people are stupid pretty much. 35:38 And sheep and they deserve their fucking awful fate. 35:40 I'm kidding. 35:41 Most of them. 35:42 Yeah, well, it's hard for me 35:43 because I mostly think that, 35:44 but then I just think, 35:46 wow, there are some people who really... 35:47 And just right out of the gate when you're very young 35:50 and you really are told in America 35:52 like that if you don't go, 35:54 you are like a total failure of a person 35:57 and you always be... 35:58 And there's even like, it goes this far. 36:01 It goes this far that the women who date men 36:06 who did not go to college have better outcomes 36:11 because what women do is they just sort immediately. 36:15 They go on like the sites 36:17 and they sort like college, not college. 36:20 And the women all prefer for some reason. 36:22 I don't think... 36:24 I think that's changed, 36:25 but they prefer the men who went to college who did go. 36:29 Well, there's actually some reasons for that 36:31 because when you look at... 36:32 I don't know. 36:33 There's some, but they're not enough. 36:35 No, but the reason for that, I mean, 36:38 I remember I read this, 36:38 I think it was a paper 36:39 or some guy was talking about it on the internet 36:41 and he read it from a paper, 36:42 but the point is like they try to look at 36:44 how women pick men and whatever, right? 36:47 And the thing is that men mostly pick women, 36:50 hip to waist ratio. 36:51 That's the most important factor, literally. 36:53 It really is that simple, for real. 36:56 I'll try to find it. 36:56 No, it's not because it's... 36:58 The studies like that are done 36:59 where it's like they show a bunch of photographs. 37:02 And so then it's like, okay, 37:03 then hip to waist ratio is important, 37:05 but it's like, that's not realistic. 37:08 As far as my lab going... 37:09 The point is that let's just forget 37:11 about what you were saying 37:11 and get back to what I was saying. 37:12 No. 37:13 The women split it into two groups. 37:15 And so there's a bunch of... 37:16 It's just like two rooms 37:18 where the room where all the men went to college 37:20 and the room where all the men did not go. 37:22 And all the women are like crowding in the one room. 37:24 And so it alters the sex ratio 37:27 so that the women are at a disadvantage 37:30 in the college room. 37:31 So they get like this horrible outcomes 37:35 in that one room where all the... 37:37 Because there's fewer men and more women. 37:40 And already in America, 37:41 more women actually go to college than men. 37:43 Yeah. 37:44 As it stands. 37:45 Take that wham inequalities. 37:47 Exactly. 37:49 But as a result, 37:51 the women are treated much better 37:53 by the men who are... 37:54 The desperate men who are like high school only 37:58 or something. 38:00 Yeah. 38:01 Well, anyway, I was going to say that, 38:03 I don't know. 38:03 I'll try to find this for next time 38:05 where I'll show it to you. 38:06 But as far as I remember, 38:07 the point is that women actually, 38:10 when they try to choose a mate for life 38:13 or something like this, 38:14 they care about status a lot. 38:15 And they care about the ability to provide... 38:17 Yeah, but this is like ancient. 38:19 This is like Charles Darwin era. 38:21 And then people keep constantly rediscovering this 38:23 and writing about it as if it's something new. 38:26 I wasn't saying like... 38:27 I was just trying to prove the point 38:29 and I was just trying to identify it as dynamic. 38:30 I didn't say it's new or something. 38:33 Yeah, but all I'm saying though 38:34 is that women use this as a proxy. 38:38 Right. 38:39 They say, look, I don't know the real status, 38:40 but I'm going to click a little checkbox first 38:44 to sort on college. 38:45 I'm just saying, 38:47 probably shouldn't do that ladies. 38:50 So first of all, you're a woman, 38:51 you're trying to evaluate, 38:53 you need someone to evaluate the dominance hierarchy 38:55 so you could try to pick in your dominance hierarchy. 38:56 And there should be some form of... 38:57 I know, but is it a dominance hierarchy if there's... 39:01 I'm saying it's an illusion. 39:03 This particular indicator is not reliable. 39:05 That's what I'm saying. 39:06 That's what I was gonna say. 39:07 I was gonna say it's like, they tried to look there, 39:08 but this is a bad, the function. 39:11 If you use college as a function, 39:13 it worked probably a certain time, 39:14 but now it's not good anymore. 39:15 Yeah, the other thing though is that 39:16 I think basically anyone can get in these days 39:18 if you're just willing to pay. 39:21 I don't even think it really even is... 39:22 There was a time a long time ago, 39:24 in like 1900, only like 5% of Americans 39:27 had graduated high school or something crazy. 39:30 And then now it's like, 39:32 I think it's weird because it is kind of 39:34 in an interesting state where now it's like 39:36 something like 40% of young men 39:41 will go to college after high school. 39:45 So it's a very high impact sort. 39:48 So I can see why people aren't interested in it 39:51 because it's just, the best sort would be like 39:54 sorts in half, sorts in half, sorts in half. 39:56 Right. 39:57 If you wanted to find a specific type of person. 40:00 But yeah, I just think it's like, 40:01 I just think it's just crazy what a lot of people do. 40:04 And a lot of it is a waste of time. 40:06 And you're not surrounded by like brilliant other students 40:10 who are interested in the material. 40:11 I was one of the few people interested in, 40:13 a lot of people I majored in economics, 40:15 a lot of people there are people 40:17 who like failed out of engineering 40:20 because they weren't capable. 40:24 Especially in, most of them went to business, 40:26 but one or two of them were, yeah, in economics. 40:29 Because they were too ashamed to go into business, 40:31 which is even softer. 40:34 Yeah, I don't know what you can learn in, 40:35 again, if you're learning business from books, 40:37 then you're doing it wrong, 40:38 that you're not learning business, clearly. 40:40 Yeah, but no, but this is the thing is the whole, 40:42 everyone knows that it's a, no one actually cares. 40:46 No one actually cares about any of it at all. 40:47 So this is the point is a lot of it is a. 40:50 Then don't go to college kids. 40:52 Listen, if you want to go to college, 40:53 quit college and that's top. 40:54 Just make sure that it's not gonna cost you a lot of money. 40:57 I don't, I don't, I literally, I disagree. 41:00 I think the worst thing you could do is go to college. 41:02 If you're not gonna be a, 41:03 there's no point going to college 41:04 if you're not a doctor, a medical doctor. 41:05 Literally, there's no fucking point. 41:07 I don't see why. 41:08 If you're a lazy, then figure out your laziness. 41:11 If you need college to stop you from being lazy, 41:13 then you have a problem with being lazy. 41:14 So figure out how not to be lazy. 41:16 You might be right about that, I don't know. 41:18 But yeah, I don't know. 41:20 I dropped out of college, so that's why I like it so much. 41:22 I'm so happy that I did. 41:25 Yeah, well, the thing is though about college, 41:29 people out there want, 41:32 college shows that you are able to conform 41:36 and be sort of obedient and well-behaved 41:40 and put up with drudgery. 41:41 And it's sometimes worth it to just show people 41:45 that you could do that if you had to. 41:47 Dude, I have a perfect story. 41:48 Listen, first time I go to college, 41:50 there's this guy, it was this course. 41:53 Anyway, there's this guy that actually was in college, 41:56 was an alumni of the university. 41:58 And he was at, he had some businesses or something, 42:02 and he came there to talk about what's happening. 42:04 And I remember there's this guy come there 42:05 and he says these things like, 42:06 look around you and all the fucking kids 42:09 that are gonna like start doing drugs, 42:10 that are gonna sleep out here, 42:12 they're not gonna come from time to time, 42:13 you're gonna end up working for these guys. 42:15 I'm just telling you, that's what happened to me, 42:17 that was happening to every generation. 42:18 And by the way, that happened to me also. 42:22 I was the kid who didn't come there, 42:24 who would sleep on the bench literally 42:26 and people ended up working with me and for me on projects. 42:29 So go and do that, don't fucking go and like, 42:32 take the course and whatever, because you don't need them. 42:38 Okay, I don't know exactly what to make of that 42:39 because there are also a lot of people who get like Cs, 42:44 who end up being total failures. 42:46 And it was because that, you know, 42:49 they have problems. 42:51 You're right, like if you want me to be statistically accurate 42:53 out of the 100 people out of my year 42:56 who probably bombed out like me on the drugs, 42:58 most of them are probably fucked up in their life. 42:59 But as I said, though, the straight A students 43:02 are kind of auditioning to be good servants or something. 43:06 And some people like that, they like that, 43:08 they like to say, I'm gonna be well behaved 43:12 and as a result, I'm always gonna have a job with someone. 43:16 Then that's fine, but you're- 43:17 So some people like that. 43:18 And I understand how they like that. 43:20 And I get it and look, I could, if you really, 43:23 here's the thing, if you really, really like that, 43:24 but you realize you like that, then that's fine 43:27 because you're gonna be happy 43:28 and people could tell you're happy, there's nothing wrong. 43:30 The problem is most of the people- 43:31 So we agree. 43:32 Lie to themselves that they like that. 43:34 I think really, I don't know what to do about this, 43:36 but there's, I think it's slowly falling apart, 43:38 but it's taking forever. 43:40 I mean, I think about even when did I even go to college? 43:42 I'm talking about this cultural idea in America 43:44 that if you don't go to college, 43:46 you are like a total failure of a person, 43:49 which when did I even go? 43:51 This was like more than 10 years ago 43:52 that I even went to college. 43:54 And the fact that it could have gone for another 10 years 43:58 after where it was when I went, 44:01 now I guess more than 10 years, 44:04 that I find to be depressing. 44:07 I find that to be a depressing idea. 44:08 You know- 44:09 And it could just still be going on and on and on forever. 44:12 And like, when will this idea just fall apart? 44:17 You know, you're supposed to figure, 44:18 the thing is like the first part of your life 44:21 is about figuring out a lot of things, right? 44:23 And in college, you're supposed to have to figure it out. 44:25 And then you're supposed to have the last one person 44:27 to be like, oh, it's just this one thing. 44:29 And now I know, I know what my life path is, you know? 44:32 But I think there's almost no one who has that figured out. 44:36 And that's why you have these problems. 44:38 And that's why you have these tragedies. 44:40 And I know, I couldn't think of a more tragic thing to do 44:42 than imagine you're like 30 right now, right? 44:45 And you get to this conclusion, 44:47 like after you already worked for five years 44:48 at a company, started, 44:49 you may even have a wife or something, right? 44:52 That's why I think you shouldn't like do college. 44:53 You should like go and fuck up a bit 44:55 because you're gonna have this thought earlier 44:57 and you're gonna figure it out. 44:58 And if you think like, you know, yeah, 44:59 now I wanna go to college and go back to college, you know? 45:01 And also, as you progress in life, 45:04 you can take less and less risks. 45:05 So if you're 20 years old 45:07 and you lose all your fucking money, 45:08 like what the fuck is gonna happen? 45:09 You go to your fucking parents, 45:10 they're gonna sleep on their couch or whatever 45:12 and you're fine. 45:13 But, and you can try this until you're 30. 45:16 But when you're 30, that's it. 45:18 So you're supposed to risk everything you have. 45:20 Yeah, people give you a lot of slack when you're young. 45:23 They give you a lot. 45:23 But then as soon as you become like, 45:25 it is like when you turn 25 or 26, 45:26 then people are like, they get a little bored with you 45:31 and they expect you to be pulling your weight. 45:33 Yeah. 45:34 Which is healthy, I think. 45:35 But yeah, big warning to anyone out there 45:37 who's 23 or something, you know, 45:42 stops being cute real, real fast. 45:44 Eventually people expect you to produce 45:48 and then really it's very soon. 45:49 Yeah, by the time you're 30, it's like, 45:52 should have a lot of savings. 45:53 You should have a business network. 45:56 Do you feel old right now? 45:57 No, I don't. 45:58 But I don't feel young either. 46:01 Okay. 46:02 I'm starting to feel old. 46:04 And I'm a bit, I'm like one year younger than you 46:05 or something, but we're the same age. 46:07 But I'm starting to feel old. 46:08 I'm starting to understand what old feels like. 46:10 You know, it's a bit scary. 46:13 It's like, because I could feel like, 46:14 oh, when I'm gonna be 40, 46:16 the small things, they're gonna be amplified a bit. 46:19 That's kind of scares me. 46:20 Like my body, you know what I'm trying to say? 46:21 It'll work out. 46:22 I don't even drink coffee. 46:24 Like I live super healthy, 46:26 but it's still gonna get there. 46:28 So that's kind of scares me a bit. 46:31 Yeah, it is kind of weird. 46:33 I go running a lot. 46:34 And you know, my right knee, 46:37 it just feels a little weird. 46:38 And it just, it doesn't go away. 46:40 I know exactly what you mean. 46:41 Goes for years. 46:41 I know exactly what you mean, yeah. 46:43 And then it's like, 46:44 this is what it's gonna be like forever. 46:46 Yeah. 46:47 But anyway, I do think, 46:48 it really looks like medicine is advancing a lot. 46:51 And probably in 10 years, 46:53 you're gonna be able to like really, 46:56 Can we talk about something super weird 46:57 that is this is near and dear to my heart, 46:59 but it's so weird and bizarre that, 47:02 but I don't know what to make of it. 47:05 What I'm getting at is that, 47:09 what I think is bizarre is that 47:11 there will definitely be a time 47:13 pretty soon in the grand scheme of things. 47:16 And when every human being is immortal, 47:20 and they are gonna look back on this time 47:23 with total confusion and dismay. 47:26 This is what I think. 47:27 They were gonna look back and they're gonna think, 47:28 why weren't those people working hard every day 47:32 to build the immortality device or whatever it is? 47:39 And they're gonna think like, 47:40 didn't they care about their children's lives? 47:42 Didn't they care about their own lives? 47:43 What were they all just crazy? 47:45 And this is a thought that is like in my head, 47:47 like basically every day, 47:48 it's somewhere in the back of my head. 47:50 That like, what is going on? 47:53 So it's sure, what are your two things? 47:55 I agree. 47:56 And I think the trajectory is pretty clear 47:58 that it's gonna go there. 47:59 Now, I don't know what immortality means, 48:00 preserving consciousness, but it's happening. 48:02 Yeah, it could be like brains on a computer 48:04 or some super weird thing that's totally different. 48:07 Or somehow getting to the point 48:08 where the rate as your body degrades 48:11 and how fast you can heal it, 48:14 it gets so good that it's almost no, the decay is little. 48:17 I agree. 48:18 And there's other things like there are these ideas 48:20 for oxygen in blood that stores like months of oxygen 48:23 so that even if you get decapitated, 48:24 your brain will still like just be alive 48:27 for like five or six hours 48:29 and they have plenty of time to take it to them. 48:31 There's a joke about you would have a heart attack 48:33 and your heart would stop 48:34 and you take out your cell phone 48:35 and call your doctor and make an appointment. 48:38 Cause you still have like all this oxygen in your blood. 48:39 So there's jokes about stuff like that, 48:41 but whatever it is, eventually something will be invented. 48:45 And so not everyone will buy it, 48:47 but just eventually the people who don't buy it 48:50 will just die off in increasing number. 48:51 And eventually just everyone will just be, 48:53 they'll just be like a culture of people who never die. 48:56 And they are gonna be so fucking confused 48:57 when they look back at our... 49:00 Here's one, now here's the second point 49:02 where I kind of disagree with you. 49:04 Do you know there's this 1990 movie interview 49:07 with a vampire, which is with Brad Pitt, Tom Cruise 49:09 and that other guy? 49:12 No. 49:13 It's a really good, I don't like vampire movies, 49:15 but this one is very philosophical. 49:16 And there's this vampire who lives forever. 49:20 He can't die and he makes it to the modern times. 49:22 And it really shows how he's this struggle 49:27 of not, it gets, he literally gets bored of life, right? 49:32 But it's a really deep struggle. 49:34 The movie portrays that incredibly well. 49:35 It's like, you know, of course there will be problems 49:38 being immortal. 49:39 It won't be all fun and games, but no one will, 49:45 people will just invent solutions to that. 49:48 There will just be more art. 49:49 There will be more movies. 49:50 There will just be other things. 49:52 People will just do something else. 49:54 You're right, but what I was disagreeing with, 49:56 I don't think they're going to look back at this thing. 49:58 And a lot of people said this, 50:00 but I think there is this whole, 50:01 like getting meaning from death and whatever. 50:04 And I think you get to a point 50:06 where you will want to see that. 50:08 Because you're like, okay, I'm ready to face it now. You know, here's the thing right now. 50:11 I had this thought a few times, and I think Buddhism talks about this. 50:15 I think almost every fear you have in your life, almost, not all of them, they have to do with uncertainty. 50:20 If you think about it, almost all the fears that you have, it's an uncertainty of some sort. 50:24 I'm not going to have money. I'm not going to do this. People don't like me, but it's an uncertainty. 50:27 It's an uncertainty of some sort. And the reason you're... 50:30 You anticipate that something bad might happen. 50:32 Yeah, but it's uncertain, right? It could be boiled down to uncertainty. 50:35 Right, because it's charging up your brain, because it's like you need to decide something to do. 50:41 Yeah. 50:42 Because the monsters burst into the room or whatever. 50:44 Exactly. 50:45 So you need to do something. So that is fear, the emotion. Yes, I agree with you. 50:49 So then, and a big part of fear of death and whatever, it is this uncertainty because you don't know what's happening, right? 50:55 And there's also this fear of like nothing might happen, or everything, or whatever the fuck, right? 51:00 And I think – I don't know, but I get – I have a feeling that I think if you live long, if you get to 90 years old, I think you get to the point where you're like – 51:10 I think if you have a fulfilling life, whatever that means, I think you get to a point where you're like, you know what? 51:15 I want to see what's next. I just have this intuition. I don't know why. 51:19 I know, but I'm saying some people will. 51:21 And I've heard people talk about this. 51:22 No, some people will, but other people won't. That's my point. 51:27 I think – 51:28 Is that eventually – and then eventually the entire population will only be 99.9999% of people who don't feel that way. 51:37 I don't know if that's true. I think the convergence becomes – 51:39 It's just mathematical. 51:40 I don't know. I don't know if that's true. 51:42 All you need are a few people who want to not commit suicide basically, which is the norm. 51:52 And eventually if those people just stick around, it's there to – if that's like 1% of the population every year, you just have to wait. 52:00 No, but one second right now. There's no guarantee that those people, if they're going to have kids, their kids are going to – there's no guarantee if they're – 52:05 That's true, but it doesn't actually need it either because remember, these people don't die. 52:09 So they're around. They'll be around 7,000 years from now. 52:12 Oh, I'm not doubtful that there might not be people who want to live forever. 52:15 But the question is like how do you know like after you live 10,000 years you're not going to kill yourself? 52:20 How do you know? Well, you don't know that for sure. 52:24 Well, what's the difference between – why would people normally – people used to live only whatever, like 25 years. 52:30 That was really old times. 52:33 I know, but there'll be new times. So there'll be a new times. 52:36 There'll be some other – there'll be a whole different – just like we have like over 50 communities, communities where people who are over 50 years of age live in the United States. 52:44 They have like fishing and whatever, stuff that old people do, bingo, pinochle or whatever. 52:52 There will be like a whole new industries for these people who are 7,000 years old. 52:57 The only thing that I'm trying to say, I think when it comes to the point of like you're never going to die, I think you're going to press the off button yourself at some point. 53:03 You want to do it. I don't know why it feels like that's a human thing to do it. 53:07 No, this is what I'm talking about. 53:09 People are going to look back at podcasts like this and they're going to say, how fucking weird that that guy said – that guy in the yellow shirt said that people would eventually just become suicidal at some age for some reason. 53:23 That was how screwed up they were back then. That's what they're going to think. 53:26 They're going to think this is so crazy, these people. 53:28 I'll be honest with you. I thought about this thing a lot and I feel like I would want to live a lot. 53:33 I'd really want to see a bit more things. 53:36 And I'm scared of the things that I'm not going to ever do in my life that I want to do and all those things. 53:41 Some people might just go to sleep. They might like hibernate or something. 53:45 Or they might do like a crazy – the equivalent of like a crazy magic mushroom trip or something that lasts like a hundred years. 53:51 Yeah. 53:52 Do you seriously think people wouldn't want to like meet their great, great grandchildren? 53:57 Of course they would. 53:58 I don't think so. I don't think so. 53:59 You know what? Well, here's the thing if you talk about mushroom and the psychedelic experience. 54:02 I think psychedelic experience gives you insight and it tells you that there is – here's the thing with psychedelic experience. 54:08 It's really – like as soon as you start talking about it, you kind of get a bit unscientific. 54:14 But when you come in and out of it, it's weird that all this mysticism somehow never contradicts science if you really think about it. 54:20 This is terrible. I don't even know where we're even going with this. 54:24 All I was saying was – 54:26 No, I was going to say like if you ever had psychedelic experiences, I think they're going to tell you that the death isn't what you think it is. 54:32 And it would give you a reason to understand there's other things beyond and you go and explore them. 54:36 I agree that psychedelic – there's a famous Johns Hopkins – very famous Johns Hopkins study about it curing fear of death in terminal cancer patients. 54:47 So I think it could do that. It could cure people's fear of death. 54:51 But I still think that there will be – so that's just what I wanted to say about that. 54:56 I just think that – and it's weird that I think they will look – people will look back on this age and they'll think why weren't they working really hard? 55:04 And they will be a little confused. 55:06 They'll say I guess the culture just didn't allow them to survive and they had to just die by the millions every day. 55:14 Yeah, I don't know what to say about it. 55:15 I think I'd be a little baffled by that. 55:17 I think we are working as hard as we can right now. 55:20 It's not like the focus of our species, but it is. 55:22 I mean we got really far away with a lot of diseases like ever since penicillin started being – it was invented. 55:28 I'm talking like why aren't they building? 55:31 If you were in a time machine and you got sent back to this time, you'd say oh my god. 55:35 I have to build the whatever it is, the brain upload machine or whatever. 55:41 They're like I need that thing or I'm going to die. 55:44 I need to get back to my own time. 55:46 I know. 55:47 I don't know what to say about it. 55:48 I think, again, I think we're going towards that or trying to make this finish line to death. 55:54 We're trying to push it further away, and we are doing that. 55:56 But I don't know what this immortality thing, how it goes. 55:59 It's a weird thing to think about. 56:00 I don't know how to even like feel about it. 56:02 I just don't know. 56:03 Yeah, all right. 56:04 I'm bored with this. 56:05 Let's go into SEC wants more women. 56:07 Yeah, what about that? 56:09 Wamen, that's how I spelled it. 56:11 You did, and then I changed it because I was like this guy can't spell. 56:14 No, but that was on purpose. 56:15 It's wamen. 56:16 Was it on purpose? 56:17 Yeah, it's wamen. 56:18 I know how to spell women. 56:19 You spell a lot of things wrong. 56:22 I do spell a lot of things wrong. 56:24 You spell a lot of things wrong in the document. 56:26 So Bruce Fenton, shout out to Bruce Fenton. 56:28 He's great. 56:29 He's great, yeah. 56:30 Shout out to Bruce Fenton. 56:31 NASDAQ just announced that it will seek SEC permission to require that boards of publicly 56:38 listed NASDAQ companies have at least one woman and one minority member on board. 56:45 I mean, yeah. 56:47 I mean, how is that on discrimination? 56:50 How is that as bad? 56:51 That's an explicitly racist and sexist criterion, but I don't know. 56:54 Like there's this theory that that type of thing, I don't know. 57:00 I don't know why they, I would also think that that would be, you would resent, if you 57:06 are, if you are actually a high performing executive who happened to be a woman, I would 57:12 think that you'd be resentful of this type of thing. 57:16 Yeah, I think so too, you know, where it's like, because then everyone could just throw 57:21 at her and just like, she got appointed as CEO because we fucking needed a woman. 57:24 Yeah, exactly. 57:25 And, and, and, and I don't think that's helps anyone. 57:27 Oh, well, yeah. 57:28 So what I was saying though, if the person is a minority and a woman, can they double 57:36 count the person? 57:39 Because it's like, definitely great for them. 57:42 If you're like a black woman, now you're like, oh man. 57:45 Now the question becomes, now the question becomes, why don't you become a woman then 57:51 just increase your chance? 57:52 Like, you know, there's something. 57:53 Oh no, didn't I say that also? 57:54 And I was like, yeah, why don't you just become, just identify as a woman? 57:58 I mean, this is how crazy, this is simple. 58:00 There's a, there's a new, there's a new Hollywood movie in the making with this. 58:04 Actually, maybe they would never make this type of movie. 58:06 But there was a, there was a terrible movie. 58:09 I never, I don't think I ever saw it back in the day where people like, what's it was 58:14 like? 58:15 People pretended to be married to get like healthcare benefits or something. 58:18 People get married to get, dude, I told you I almost got married with a woman at a conference 58:24 for a visa once. 58:25 I told you that. 58:26 No. 58:27 So I met a honey badger, 2018, I think, right? 58:31 Baltic honey badger Bitcoin conference. 58:33 Yeah, that was right after I quit drugs and everything. 58:35 So anyway, so now, thank you very much. 58:38 I have not in drugs or fucked any hookers since then. 58:41 Anyway, so listen, I'm at a honey badger. 58:43 I'm having the time of my life. 58:44 It's really great. 58:45 You know, things are going pretty well. 58:46 That was like a long, long, long vacation. 58:49 Now I'm with Mike Foxon, the guy who organizes the meetup in London. 58:53 We go out around there and we meet up with these two chicks, right? 58:57 One of them was Russian, one of them was Ukrainian, right? 59:00 This was in Estonia, by the way. 59:02 They were studying there. 59:03 So what ends up happening is that we hook up with them and, I don't know, 59:07 long story short, I decide to stay a week more to hang out with this girl 59:11 that I just met, this Ukrainian girl, right? 59:14 And I stand there with her and she's going, look, 59:16 I'm just doing nothing all day. 59:18 I'm on my laptop and she's going to work. 59:20 I'm picking her up off for work. 59:21 We hang out, we whatever, you know, and there's this thing I say, 59:25 you know what, I almost ran out of laundry. 59:27 And she goes like, I'll wash your clothes for you. 59:31 And there was something about that, man, 59:34 because no woman except my mama and my grandma ever said that to me, all right? 59:38 That really made me feel like, you know what, that's weird. 59:41 So I stayed for a month, by the way, and I'm talking with this girl. 59:44 And, you know, I realized, like, why don't we just get – 59:48 we reached a conclusion proposed by her, of course, as a joke, 59:52 because she would need a visa anyway. 59:54 Why don't we get married? 59:55 And she said, like, I'm going to do this for you. 59:57 I'm going to do this for you. 59:58 You know, it's like it was kind of this thing. 59:59 So now I'm sitting here. 1:00:00 I'm in this Eastern European fucking country after a conference. 1:00:04 And I thought about it. 1:00:07 I really thought about it. 1:00:08 I was like, you know what, I'm old. 1:00:09 Why didn't I give it a go? 1:00:10 Why didn't I see this? 1:00:11 It's not like she's going to have my money or something. 1:00:13 A prenup would be out of the fucking, like, you know, like, no doubt about it. 1:00:16 And then I realized, like, I'm fucking retarded. 1:00:18 I need to, you know, like, let's stop this. 1:00:20 So I just – I was like, no, listen, this is wrong. 1:00:23 And I flew back home, back to London. 1:00:25 That part of your brain that says this is a stupid idea. 1:00:28 Yeah. 1:00:29 Turned on. 1:00:30 What percentage of marriages worldwide do you think are just like some guy who says, 1:00:35 you know what, I'm getting older. 1:00:36 Let me just – my friends are getting married. 1:00:39 Let me just do this marriage thing. 1:00:40 I think 99% of them are. 1:00:42 99%? 1:00:43 I think 99% of them, yeah. 1:00:44 Yeah. 1:00:45 But another thing, the reason why – I have a few friends who, like, have this thing, 1:00:50 like, they have the I got married story in some weird location. 1:00:54 If I eat a bagel here, I have some. 1:00:56 I'm just really hungry. 1:00:57 Go for it. 1:00:58 Okay, good. 1:00:59 I'm going to put this microphone down while you tell your boring story about – 1:01:02 That's pretty much it. 1:01:03 I don't have anything else to say. 1:01:04 The story is over. 1:01:07 You got a plain bagel with nothing, just a bagel? 1:01:10 You're eating carbs? 1:01:13 This is a very fresh bagel. 1:01:15 It's carbs. 1:01:16 You're eating pretty much carbs. 1:01:18 Anyway. 1:01:19 Yeah, well, that was – 1:01:20 If I cut it in half, I would have to do all this stuff. 1:01:23 Anyway, I have a few friends who, like, have this story when they got married once 1:01:29 and then they divorced a week later or something. 1:01:31 I was like, maybe I should try this. 1:01:33 But good thing I didn't fucking do it. 1:01:35 Good fucking thing I didn't do it. 1:01:36 So, yeah. 1:01:39 Once I went on a date with – I recently went on a date with this girl, 1:01:42 and she goes like, tell me something crazy. 1:01:44 And I'm like, I'll tell you something that's soft crazy because if I tell her, 1:01:48 like, something, like, really crazy, she would just fucking, like, run away. 1:01:51 And I tell her this, and she was like, so this is, like, non-crazy for you? 1:01:56 I'm like, yeah, this is a vanilla story that I have, you know, when it comes to craziness. 1:02:00 You told her that it wasn't really a crazy story? 1:02:02 Well, it's not. 1:02:03 Why didn't you tell her that? 1:02:04 You should have just said, okay, here's the craziest thing I've ever done. 1:02:06 I can't lie. 1:02:07 And then hit her with, like, a 45%. 1:02:10 The most important thing for me is really I need to be true with myself, Paul. 1:02:14 And this is who I am. 1:02:15 I did a lot of fucked up things. 1:02:17 I have a lot of crazy stories. 1:02:18 I've never done anything fucked up, like, to hurt anyone. 1:02:20 Like, I just fucked up my own life or something. 1:02:22 But it's really important that I could look myself in the mirror and tell the story. 1:02:26 That's the truth. 1:02:27 No, that's not a fucked up story. 1:02:28 That's a, you know, mildly fucked up story. 1:02:32 Yeah. 1:02:35 Okay, whatever. 1:02:36 Can we just, let's just skip, can we skip, like, seven of these? 1:02:39 And I don't know. 1:02:41 Why don't you just pick the next one? 1:02:44 I should, okay, okay. 1:02:45 Let's pick the next one. 1:02:49 I don't know. 1:02:52 What do you think about Bitcoin Error Log and Adam Beck? 1:02:55 This was titled the beggar and the shamer. 1:02:58 The beggar is Adam Beck as he was begging people to integrate his liquid. 1:03:02 And now the shamer, John Carvajo, is trying to shame exchanges to integrate Lightning. 1:03:06 What do you think about this? 1:03:09 I have a lot of thoughts. 1:03:15 Yeah, we have, Bitcoin went through this period where there was a dispute over what, you know, there's the block size debate. 1:03:27 But this is just part of a dispute over what the software should do. 1:03:31 And I call this meta consensus. 1:03:34 Like, what should the consensus be of? 1:03:36 Because the software will do the consensus just fine. 1:03:40 It will make sure everyone agrees on everything that the blockchain contains. 1:03:45 And so since there's no solution for meta consensus, though, there's just all this, like, arguing and there are these cultural enforcers who try to control, you know, what Bitcoin is and to stop it from being degraded and destroyed. 1:04:06 But in the process, you get all this weird stuff about, you get all these weird people just trying to put psychological pressure on other people to do this or that. 1:04:23 And it speaks to the fact that this technology doesn't actually solve problems for the user because they have to be kind of coerced into doing it. 1:04:37 Well, I guess the argument could be that if this technology survives for a long time, there are going to be some market dynamics that decide on this. 1:04:44 And the best, of course, best could mean not the really best, the best in the specific contest should eventually win, you know. 1:04:53 But, yeah, I don't know if that's true. 1:04:58 Yeah, I don't know, me either. 1:05:00 But I think, though, I don't know, like, I think, I think it's another thing, though, about it is, though, that it's just like this Twitter world where they're very influential and then they are like the exchanges that are accountable to the customer and they don't care at all. 1:05:19 So that's another interesting aspect of it. 1:05:24 Yeah, I don't even understand, like, I don't understand, like, literally when you, so if you spend time on Twitter and you see John Carvalho saying this, you're probably going to say in your mind he's doing the right thing, Bitcoin or whatever. 1:05:33 If you just step back, like, do you understand, like, we don't understand, like, what's the fucking point? 1:05:39 What say do you have as a person to go and tell someone how they should run their business? 1:05:44 I mean, you could say it, by the way, it's free. 1:05:46 It's a free fucking country or whatever the fuck, a platform. 1:05:50 But it's also it's like someone will come into my house and they would be like, stop wearing yellow shirts. 1:05:55 And I'm like, what? 1:05:56 No, stop yelling at us just because you're it's not good. 1:05:59 It's like, but why are you even looking in my house? 1:06:02 What the fuck do you have to do with my own body and my own shirts? 1:06:05 You know, I know better. 1:06:06 I know what should be better. 1:06:07 That's what they're doing. 1:06:08 Pretty much. 1:06:09 It's crazy, isn't it? 1:06:11 Well, that's what I was trying to say at first, but I was very inarticulate, which is that there's the culture rewards people for, like, shilling lightning network or whatever. 1:06:21 So you're best considered like a virtuous thing to go and try and point at people and say, this guy is not conforming to the lightning. 1:06:33 And so we like make fun of them or bring them in line with the ostracize them until they do this. 1:06:45 So that's considered to be like a good thing. 1:06:52 Yeah, I guess the reason why it's considered good is because just because like, oh, you're one of us and we know they're not one of them. 1:07:00 So we found that you found an enemy for us. 1:07:02 You so you efficiently found an enemy for us. 1:07:05 You should be rewarded for finding enemies. 1:07:07 You know, that's pretty much it. 1:07:08 And there's no there's not it's not like even these people are enemies or anything. 1:07:11 It's just like, what the fuck, you know? 1:07:15 And I don't know, I don't understand, like, like, like how the fuck these people found yourself in this position. 1:07:21 And and I don't know why Bell is doing this. 1:07:23 I just don't fucking understand. 1:07:25 And and other things like he's I don't understand what the fuck is he he's running a stealth startup. 1:07:31 What what is. 1:07:33 What does that even mean, man? 1:07:35 What else is he going to do, though? 1:07:37 Because he doesn't really write software and he doesn't really. 1:07:46 The only thing he has is this cultural angle. 1:07:52 You know what I mean? 1:07:55 Yeah, he doesn't like have any he doesn't like promote Bitcoin. 1:07:58 He doesn't you're trying to say like he's he's his game, his game as a as a guy in Bitcoin. 1:08:03 Like your game is sidechains or something. 1:08:05 His game is like, I'm the guy who like, yeah, is the moral compass and whatever. 1:08:09 Be something like that. 1:08:10 Yeah. 1:08:11 Self self was the word culture police or something. 1:08:14 Yeah. 1:08:16 I mean, it's not that that's all he has. 1:08:18 That's like what for whatever reason he ended up in that position. 1:08:20 But he is a smart guy and he could do a lot of things. 1:08:23 And he proved this. 1:08:24 Like, it's not like he couldn't do any other thing. 1:08:25 And this is his only skill. 1:08:27 It's not like he knows how to juggle. 1:08:28 And he's doomed. 1:08:29 So he's juggling right now. 1:08:30 I think he's not aware of what's happening. 1:08:32 I think he's just so caught up into this thing. 1:08:34 And in his own insanity, he thinks he's doing the right thing. 1:08:37 But practically. 1:08:39 Yeah, a lot of people are sending him the signals that he is doing the right thing. 1:08:43 So I think I did a lot. 1:08:45 Also, sometimes. 1:08:46 I don't know. 1:08:47 Sometimes he is like when you see these people doing this. 1:08:49 They say sometimes they just hit a nail on the head in the right way. 1:08:52 And you can't help but applaud. 1:08:54 Because they're doing it in the right way. 1:08:55 There's a talent even in doing this. 1:08:57 Do you agree on this? 1:08:59 Yes, I do. 1:09:01 And the thing is like I think they probably like when the Bitcoin cash thing was happening. 1:09:05 He did it. 1:09:06 He did it. 1:09:07 He did hit one good fucking nail. 1:09:08 And I think he's just surfing on that wave right now. 1:09:10 And people are not like reassessing like. 1:09:11 What was the good nail? 1:09:13 I don't know. 1:09:14 I just feel like the way. 1:09:15 See, why do you say these things? 1:09:16 Then you say I don't know. 1:09:17 I ask you a simple question. 1:09:18 But I was going to reply to it. 1:09:19 That was a verbal thing that I had. 1:09:21 I was just going to go into it and explain to you. 1:09:23 Yeah, what he did. 1:09:25 That's my bad. 1:09:26 Fair enough. 1:09:27 I didn't talk correctly. 1:09:28 What he did then at that moment was that he was the right person to be against Roger Ver. 1:09:34 And he really like. 1:09:36 Everyone knew what the argument was. 1:09:38 But he was just the guy who made it entertaining. 1:09:40 And made fun of him. 1:09:42 And that was valuable at that point. 1:09:44 I think it was. 1:09:45 It was. 1:09:46 It really added to the meme. 1:09:47 And he coagulated a bit more. 1:09:48 And I don't know. 1:09:50 I like that. 1:09:51 I just like the way he did it. 1:09:52 I think it was funny. 1:09:53 You know. 1:09:54 He triggered him. 1:09:55 I think that. 1:09:56 And also surfaced how actually unprepared Roger was. 1:09:59 Because. 1:10:00 And how the fact that he didn't have. 1:10:02 It's the same like. 1:10:03 If I would call you fat right now. 1:10:04 You're not going to get mad. 1:10:05 Like. 1:10:06 Oh my God. 1:10:07 Fat Paul. 1:10:08 Stop eating for fuck's sake. 1:10:09 Can you take a break? 1:10:10 It's not going to phase me in any way. 1:10:11 But if I would say something like. 1:10:12 You know. 1:10:13 I don't want to get mean. 1:10:14 But if I would say something. 1:10:15 You're going to. 1:10:16 And you're going to get upset by it. 1:10:17 There's some truth to it. 1:10:18 And that really exposed the whole thing. 1:10:19 Yeah. 1:10:20 It touches the nerve. 1:10:21 As we say. 1:10:22 Yeah. 1:10:23 In America. 1:10:24 I don't know. 1:10:25 Yeah. 1:10:26 If other people have that idiom. 1:10:27 But. 1:10:28 That's like when you get under someone's skin. 1:10:29 That's another idiom. 1:10:30 But. 1:10:31 Yeah. 1:10:32 But yeah. 1:10:33 Roger's obviously very upset. 1:10:34 So I think there was merit. 1:10:35 So I think there was merit to that portion. 1:10:36 And that was. 1:10:37 But then after that. 1:10:38 You see. 1:10:39 That's what I was saying though. 1:10:40 That's just a cultural enforcer thing. 1:10:41 Yeah. 1:10:42 Yeah. 1:10:43 But what is the thing related to his. 1:10:44 Skill. 1:10:45 His technical skill. 1:10:46 Yeah, but. 1:10:47 Do you understand. 1:10:48 I think we are at a point right now. 1:10:49 Where navigating. 1:10:50 Where everything is so connected. 1:10:51 And all information. 1:10:52 All human like behavior. 1:10:53 Bumps into each other. 1:10:54 And navigating culture right now. 1:10:55 Like being tactful. 1:10:56 And being able to navigate and. 1:10:57 Lead culture. 1:10:58 It's a really important skill. 1:10:59 It's as important. 1:11:00 As being able to type. 1:11:01 When I'm looking at a keyboard. 1:11:02 Almost. 1:11:03 If that makes any sense. 1:11:04 Do you agree with this Roger? 1:11:05 I think it's gonna be. 1:11:06 It's a really important skill. 1:11:07 That's what I was saying. 1:11:08 That's what we're talking about. 1:11:09 If that makes any sense. 1:11:10 Do you agree with this or not? 1:11:11 Yes. 1:11:12 I mean. 1:11:13 But I don't think it matters. 1:11:14 To my point. 1:11:15 Anything that was said. 1:11:16 Oh. 1:11:17 Why. 1:11:18 Sorry. 1:11:19 What do you mean by that? 1:11:20 Because. 1:11:21 This is what I'm saying. 1:11:22 Is he's just. 1:11:23 You look at the tweet. 1:11:24 He's just doing the same thing. 1:11:25 That he did to Roger Ver. 1:11:26 Just to Kraken. 1:11:27 But Kraken has. 1:11:28 But. 1:11:29 Kraken's different from Roger Ver. 1:11:30 And that Kraken doesn't care. 1:11:31 You're right. 1:11:32 So they're like. 1:11:33 Okay. 1:11:34 Who cares? 1:11:35 Because actually. 1:11:36 No one cares. 1:11:37 Right. 1:11:38 The only person who did care was Roger Ver. 1:11:39 Who cared about being accused of having. 1:11:40 Twitter sock puppet accounts. 1:11:41 Yeah. 1:11:42 I look. 1:11:43 I don't know. 1:11:44 Forget about Roger. 1:11:45 But. 1:11:46 But the point is that. 1:11:47 Yeah. 1:11:48 You're right. 1:11:49 I guess you're right. 1:11:50 He's not. 1:11:51 He's just playing the same old song. 1:11:52 That's the thing right now. 1:11:53 He's. 1:11:54 Right. 1:11:55 But I think. 1:11:56 I worry that it was actually. 1:11:57 Only. 1:11:58 Ironically. 1:11:59 The source of. 1:12:00 John Carvalho. 1:12:01 Value. 1:12:02 If. 1:12:03 According to you. 1:12:04 You say the big thing was. 1:12:05 The Roger Ver. 1:12:06 Interview. 1:12:07 The biggest. 1:12:08 The biggest thing was the Roger Ver. 1:12:09 Interview. 1:12:10 But it was really coming from Roger Ver. 1:12:11 If there were any threat from Roger Ver. 1:12:12 And from Bitcoin.com. 1:12:13 Then there would be no. 1:12:14 Argument. 1:12:15 That's such. 1:12:16 There would be no real. 1:12:18 Benefit to having. 1:12:19 The interview. 1:12:20 For. 1:12:21 For BTC cultural cohesion. 1:12:22 This is just assuming that. 1:12:23 You know what you're saying right now. 1:12:24 Is the most dumbest thing in the world. 1:12:25 You're trying to say. 1:12:26 There's a policeman at that. 1:12:27 Someone who rapes children. 1:12:28 And you're like. 1:12:29 It's not a policeman's merit is the guy who wrote. 1:12:30 These children because. 1:12:31 How what they caught in the first. 1:12:32 What the fuck are you talking about. 1:12:33 That's. 1:12:34 The most dumbest fucking thing I ever heard. 1:12:35 Because it's. 1:12:36 It's. 1:12:37 It's. 1:12:38 It's a specialized thing. 1:12:39 Yeah. 1:12:40 I don't know if I would. 1:12:41 I kind of understand what you're saying. 1:12:42 The analogy is a little distracting. 1:12:43 But. 1:12:44 It was purposely. 1:12:45 Very. 1:12:46 Violent. 1:12:47 I know. 1:12:48 Look. 1:12:49 Anyway. 1:12:50 The point is that. 1:12:51 The point is that. 1:12:52 That John. 1:12:53 Is doing some things like. 1:12:54 Blindly. 1:12:55 Right. 1:12:56 Right. 1:12:57 Right now. 1:12:58 He's. 1:12:59 He's not like really. 1:13:00 Doing it. 1:13:01 Right. 1:13:02 He's just saying things to say things. 1:13:03 And he can't realize. 1:13:04 Right. 1:13:05 Can we agree on that? 1:13:06 Well, I think. 1:13:07 No, but I think it's like. 1:13:08 He did the Roger Ver thing. 1:13:09 And got a lot of positive feedback. 1:13:10 From that. 1:13:11 So he's like. 1:13:12 I need to do more of that. 1:13:13 Yeah. 1:13:14 But here's the right now. 1:13:15 Let's. 1:13:16 Let's call it. 1:13:17 But that's what I was trying to say before. 1:13:18 He's always. 1:13:19 Only been kind of doing that type of thing. 1:13:20 Yeah. 1:13:21 But. 1:13:22 But. 1:13:23 But the thing is like. 1:13:24 I don't know if you remember. 1:13:25 But he's been around. 1:13:26 I think he's in between. 1:13:27 Even before you got. 1:13:28 By the way. 1:13:29 I don't think that's true at all. 1:13:30 Really. 1:13:31 I remember when. 1:13:32 I saw him. 1:13:33 And. 1:13:34 So she around table two. 1:13:35 He's. 1:13:36 He was in between. 1:13:37 Before that. 1:13:38 Like way, way, way before that. 1:13:39 Anyway. 1:13:40 That's not a point. 1:13:41 A point is that. 1:13:42 Yeah. 1:13:43 But do you remember his blog? 1:13:44 Do you remember he was to be on IRC? 1:13:45 Like. 1:13:46 It's not like this is all he did. 1:13:47 He's been around for a long time. 1:13:48 Yeah. 1:13:49 Okay. 1:13:50 But what's your point? 1:13:51 Oh, sorry. 1:13:52 My point is. 1:13:53 It's not like this was the only thing he was known for. 1:13:54 Like. 1:13:55 He just did a Roger Ver interview. 1:13:56 Like. 1:13:57 Okay. 1:13:58 What was he known for that before? 1:13:59 I don't know. 1:14:00 Just was everyone else was doing. 1:14:01 Yeah. 1:14:02 I'm just trying to remember. 1:14:03 For a long time. 1:14:04 He was saying some really smart things and he was saying things that I. 1:14:05 Couldn't cut onto. 1:14:06 And I was listening to him. 1:14:07 I was like, damn. 1:14:08 This guy said it in a nice way. 1:14:09 Okay. 1:14:10 Okay. 1:14:11 Maybe that means it is your team friends. 1:14:12 And you could say that if that's true, but that's how I remember him. 1:14:16 He's the only idiot now, but I'm trying to say, he's not. 1:14:18 All the time. 1:14:19 Again, I was called. 1:14:21 I'm not calling. 1:14:22 I'm not saying he's an idiot at all. 1:14:23 I'm just saying that he. 1:14:25 Is B he's fallen into this. 1:14:27 He's a gear and a machine. 1:14:28 That's true. 1:14:29 He is the gear that is just. 1:14:32 The shaming gear. 1:14:33 Like you were saying. 1:14:34 Yeah. 1:14:35 He's the shaming gear. 1:14:36 The shamer gear. 1:14:37 Yeah. 1:14:38 But there's a lot of problems with that. 1:14:39 I agree with you. 1:14:40 I mean, there's no disagreement there. 1:14:42 Of course. 1:14:43 Only if you can perfectly infallibly shame only the. 1:14:48 The people from most wrong and most able to be shamed. 1:14:52 First. 1:14:53 I agree with you. 1:14:54 I agree with you. 1:14:55 I mean, you can't. 1:14:56 You can't make a big list infallibly sorted from the people who are. 1:14:57 Most worthy of being shamed. 1:14:59 Look, we have to be honest. 1:15:01 And he also like picked on Cory. 1:15:03 He picked like he picks on. 1:15:04 It's not like he has a list of people. 1:15:05 He picks on almost anyone he can. 1:15:06 So. 1:15:07 Yeah. 1:15:08 There's the people he picks on almost anyone he can. So let's, let's give him this, let's call him that, you know, he, sorry, let's give him that because he does do that a lot. 1:15:14 Once in Amsterdam, he tried to convince me that. 1:15:19 Personal. 1:15:21 Yeah. Well, it was a big table, so there was a lot of people there. 1:15:24 Was this, when you did that presentation, uh, now that I saw, what year was this given context? 1:15:31 It was the last year of, it was the second breaking Bitcoin, I think. 1:15:37 Oh, so this wasn't like a Wednesday thing. Okay. Go on, go on. 1:15:42 And he's tried to say that Bitcoin is a store of value, not because the economic value is stored, but because data is stored as values like numerical values. 1:15:54 And he's, and I said, what about, what about a pen and paper that stores value? 1:15:58 Is that a store of value? 1:15:59 He said, yes. 1:16:00 I thought, what the fuck? 1:16:06 Sometimes you meet people and you're like, this is the person that everyone has been listening to for a while. 1:16:11 And then you were saying yesterday, did we, did you cut this from the, did you edit this out of the last, when we talked about how, um, only recently did he discover that SegWit had a block size increase or something? 1:16:22 I don't remember if that, I think that that was in, I don't remember. 1:16:25 I don't think I cut it out. 1:16:26 It's still though, it's still like that. 1:16:27 And you're just like, Oh my God. 1:16:30 Yeah. 1:16:30 But I don't know what the conversation was about, but I went on for like another 10 minutes of incredulity of trying to say, but I do think, I do think the statement, a piece of paper stores value. 1:16:41 If you write a symbol on it, I think that is true. 1:16:45 It stores, it stores numeric informational value. 1:16:47 It doesn't, yeah, that's what I know, but that is what I went back and forth with him the whole time saying that doesn't make any sense at all. 1:16:55 Microsoft Excel stores values. 1:16:57 There's a meta context to this in the fact that some numerical information means Bitcoin, some means Apple, some means, I don't know, the bytes we have on the screen that we use right now. 1:17:08 This conception of store value, the big, like the big debate, the medium of exchange store value. 1:17:15 Yeah. 1:17:15 It didn't even have anything to do with money. 1:17:17 This seemed to be more like a semantical conversation, which I think could be fun, but I don't think it's like, that's how I feel. 1:17:23 That's how I would interpret it right now. 1:17:25 I don't know. 1:17:25 What else to say to that? 1:17:28 Well, yeah. 1:17:28 I mean, obviously he's not here, so he can't explain. 1:17:33 Everyone's invited though. 1:17:34 People want to come on, right? 1:17:36 Anyone can just come on. 1:17:37 I don't care. 1:17:38 Let's try to get a guest next time. 1:17:40 Yeah. 1:17:40 I have a few guests in mind. 1:17:43 I have some people who know I don't want to come on, by the way. 1:17:45 So yeah, it'll all just be Mike in space. 1:17:48 You know what the thing is? 1:17:49 Like, I honestly, I don't think I ever heard Mike in space talk, except on Bitcoin cartel. 1:17:53 Can you imagine? 1:17:56 He has his own podcast. 1:17:58 What? 1:17:59 It's, it's baffling. 1:18:00 I can't tell if it's, I cannot tell if it's, no, I can't tell if it's satire or not. 1:18:07 It's the great minds, Bitcoin podcast. 1:18:10 Shout out to that. 1:18:11 How come? 1:18:12 The logo is the guy's, the guy's brain is so big that it becomes a chair that he sits on. 1:18:17 Oh my God. 1:18:18 I saw that around. 1:18:18 Okay. 1:18:19 Yeah. 1:18:20 I don't think that meme. 1:18:22 Yeah. 1:18:22 No, I seen even the tweet to that. 1:18:24 I don't think I, I didn't realize. 1:18:26 He finds these people to interview that are like so obscure. 1:18:31 It's pretty obscure. 1:18:33 Okay. 1:18:34 Well, I'm going to watch it now. 1:18:35 No, I'm, I'm intrigued by it. 1:18:36 Anyway, let's move to the next thing. 1:18:37 Yeah. 1:18:38 Because I'm bored with this. 1:18:40 And so yeah, you really don't like this. 1:18:42 This is something that you, this is the Luke Dashjr thing, right? 1:18:45 Yeah. 1:18:46 Okay. 1:18:46 And you really have a strong reaction to this, but I just, I think it's kind of boring. 1:18:50 Yeah. 1:18:51 My strong reaction to this is that. 1:18:52 Well, just, should we read the tweet first? 1:18:54 You do it because I'm off. 1:18:57 Luke Dashjr. 1:18:59 AKA at Luke Dashjr. 1:19:01 at Bitcoin hackers.org. 1:19:03 That's his Twitter name. 1:19:06 Replying to Matt O'Dell. 1:19:10 Is it pronounced with the stress on the second syllable O'Dell or is it? 1:19:14 I've never actually, I don't remember. 1:19:16 I'm not very good at remembering people's names. 1:19:19 Okay. 1:19:20 You don't even remember your own fucking name. 1:19:23 I don't know. 1:19:24 I wish I could forget. 1:19:25 Okay. 1:19:26 He says, this is from Luke to Matt. 1:19:30 Clear my throat. 1:19:32 At the same time, it's kind of crappy that devs have to spend time, quote, 1:19:37 monetizing, unquote, at all. 1:19:40 Would be nice if people just did their part to fund development, dot, dot, dot. 1:19:45 Then parentheses. 1:19:47 Some do, but it seems like a minority. 1:19:50 Close parentheses. 1:19:52 There you go. 1:19:53 Yeah. 1:19:53 I don't. 1:19:53 So he's talking about the fact that there is a free rider problem. 1:19:58 And so people don't fund development because they can just kick back and say, 1:20:03 yeah, good luck with that Bitcoin development as they sip their mojito. 1:20:08 I have something to add here. 1:20:10 For those of you who don't know, Luke Dashjr. 1:20:13 is a well-known Christian. 1:20:14 And as he says in his Twitter bio, he's super Catholic. 1:20:19 He's super Catholic. 1:20:20 He says, the pedos who took over the Vatican are not Catholic. 1:20:24 He's very Catholic. 1:20:24 And he has seven kids. 1:20:26 And now, here's why he doesn't believe in birth control. 1:20:28 I'm reasonably certain. 1:20:30 You know what? 1:20:31 I, I have an idea for him. 1:20:34 Luke, if you don't have, if you need more money and you can't, and you, because 1:20:37 you're spending too much time on development, pull out next fucking time. 1:20:41 It's so simple, dude. 1:20:42 When you come, you take it out and you come somewhere else. 1:20:46 It's so fucking simple, man. 1:20:48 And you don't have to go on, on Twitter and shame people into like, I don't know. 1:20:52 What the fuck are we talking about here? 1:20:54 I'll give you that. 1:20:54 I do think that the, I'm not sure that that's a stigma, that's a stigma. 1:21:00 By the way, Coitus Interruptus is called, I think. 1:21:04 Yeah, well, I know it's, it's called something, but you know, I don't 1:21:07 know about the effectiveness. 1:21:09 What do you mean? 1:21:10 It's effective. 1:21:11 I could tell. 1:21:11 Well, I don't know. 1:21:12 What if I have a, what if I say it's not effective and I have a kid somewhere? 1:21:16 No, it's definitely is not. 1:21:18 You, are you being serious right now? 1:21:19 You should look this up because you know, the, I don't know. 1:21:22 I don't know exactly what language I'm going to employ here. 1:21:24 So then I can, I don't feel like a total fucking weirdo, but let's just say some 1:21:32 of the, the preamble also contains the payload required to create a new child. 1:21:41 So there's no, so it doesn't work. 1:21:51 It's very important that people understand that actually. 1:21:56 This segment of Bitcoin Sex Education was brought to you by Paul Sztorc. 1:22:01 And this is sponsored by DriveChains. 1:22:06 Oh, this is so much. 1:22:08 This is a segment. 1:22:08 This is really, this is, this is the first. 1:22:11 Part of the show though, your 32nd thing. 1:22:13 So you won't shut up about, I'm going to cut the, I'm going to cut the two hour 1:22:17 show into 40 million, 30 second segments. 1:22:22 And then tweet them once every 12 seconds. 1:22:25 I fucking told you where we're doing. 1:22:27 I'm serious about it. 1:22:28 I just think it's funny. 1:22:30 Oh, we're going to be on tick tock. 1:22:32 No one second, Paul. 1:22:33 I'm really serious. 1:22:34 I, you know what, you don't, you don't like this podcast. 1:22:36 You don't want it to be good. 1:22:37 I just think it's funny when people, um, I just think it's. 1:22:40 Well, I think you're putting a lot of effort. 1:22:43 I am. 1:22:44 I, I, I can't, I clearly I'm putting way more effort in it. 1:22:47 Like, like, like at least one order of magnitude more than you. 1:22:49 At least. 1:22:50 And that's fine. 1:22:51 Here's the thing. 1:22:52 And this is gonna, we have this on video. 1:22:54 If we ever make money out of this podcast, I'm getting a bigger cut. 1:22:57 I'm just going to be honest. 1:22:58 You can have, you can have 90% of the cut binding verbal contract. 1:23:03 One second. 1:23:04 I, I almost want a third person. 1:23:06 So if you like, if we were to make a million dollars right now, 1:23:09 I would have, it would change my incentives if it was, the number is too low. 1:23:12 So anyway, anyway, that's not the point. 1:23:14 Anyway, you know, let's make money from a podcast. 1:23:17 Why would you even think that that's possible? 1:23:18 So you don't think you can make money from a podcast? 1:23:20 I don't think I can make money from a podcast. 1:23:23 So let's say right now we become the best podcast on the planet. 1:23:25 Let's say like literally everyone listens to us. 1:23:27 You don't think there's any way we can monetize that and not sell out. 1:23:31 And I don't know, I feel like this argument became substantially circular. 1:23:36 You just jumped to, we have the best podcast on the planet. 1:23:41 But, um, 1:23:42 okay, listen, we, we, so we started between Twitter, 1:23:45 we started Twitter account and we have a million followers there and people are 1:23:48 tweeting our shit. They engage with us. They, they know our jokes, whatever. 1:23:51 You're telling me people are going to say, I'll pay you to tweet this. 1:23:55 And then you're going to do that. 1:23:56 That's kind of like, so you don't think, 1:23:58 so you don't think there's any way you can monetize that. Okay. 1:24:00 Let me ask you this. What if someone like, let's say you, 1:24:03 you, we both talk about like, uh, advertisers and I also like, 1:24:07 we couldn't get cracking to advertise because we couldn't talk shit about them. 1:24:09 And we'd sometimes want to talk shit about it. 1:24:11 No, I don't think there should be any advertisers because your brain, 1:24:14 what if, what if, um, a flashlight company like Joe Rogan? 1:24:18 Yeah, that was funny. Yeah, I agree. 1:24:19 As long as it has nothing to do with anything we could possibly talk about. 1:24:23 Yeah. Well, that's what I'm trying to say. And again, like, or you could be, 1:24:26 or let's say someone says like, we want to advertise with you guys. 1:24:29 And we go like, we're going to shit on you by the way. 1:24:31 And you're going to be okay with that. And if you have it in writing, 1:24:33 like I would literally get there and I would shit on them. 1:24:35 I would do the advertisement and I would be like, they're bad because of this. 1:24:38 You want to be okay with that? 1:24:39 No, I don't think so because it's subconsciously throws little switches in your 1:24:43 brain. And I've seen it happen a lot. You know, you're right. 1:24:46 You're right about it. It does people like, Oh, I'll take the money, 1:24:48 but it won't make any difference. It definitely does though. 1:24:52 No, you're right. So it should be taken for a long time. 1:24:55 What if Blockstream would want to advertise in our podcast? 1:24:57 How would you feel about that? 1:24:59 I think that would be funny. So I think that would be fine. 1:25:02 And then I don't need any money. So I don't know if it would affect me, 1:25:06 but you're the one who wants this to become like a big thing. 1:25:10 So I don't know how it would affect you. 1:25:13 You know, 1:25:15 I really want this to be priced in. I really want that. 1:25:21 That's how I know the podcast is doing well. 1:25:22 If someone is willing to pay money for a second on your validation, 1:25:26 this is like the Luke Tess Jr. point though. 1:25:31 Well, I don't think it's that weird for him to want to be paid. 1:25:36 I don't think also. I mean, what's weird about that? He's doing work. 1:25:39 He's doing incredible work, like literally incredible work. 1:25:42 And he's one of those five people who literally like, he's not, 1:25:46 but you understand that this is quite different from a guy who's like a 1:25:49 carpenter who's making cabinets or something and he gets paid by the cabinet. 1:25:53 I agree with you. 1:25:55 But what's your problem? Why is this on the thing? And you're like, Lucas, 1:26:00 a beggar and he's a loser. 1:26:03 I didn't say he's a loser. I just said, 1:26:05 you put a lot of stuff on the document. 1:26:07 Dude, I'm putting a screenshot of this. I didn't fucking say he's a loser. 1:26:11 Okay. 1:26:12 Okay. I was just, I was being hyperbolic. Okay. 1:26:17 What, 1:26:17 what am I problem with this is is that it also brings more to this cultural 1:26:22 aspect of it's okay to shame people. 1:26:25 And you have people like Matt Odell who go around companies and they go like, 1:26:28 you're not paying Bitcoin core development. 1:26:30 And I think they're missing the biggest point that they're missing is like, 1:26:33 dude, in order for Bitcoin core to, here's the thing right now, 1:26:36 I could say the big, 1:26:37 I could say the worst things in the world about blue dash Jr. 1:26:40 And GCC does not count about doesn't care about it. 1:26:43 You know what I'm trying to say? So the point is that I can compile the code. 1:26:47 So go fuck yourself. Okay. If you want, if you want to, 1:26:51 if you feel like this is wrong, then fucking give me, give me a binary. 1:26:54 And that's it. Okay. Just, that's just the binary. I mean, what, that's open source. 1:27:00 There is a, 1:27:01 there's a game theoretic thing because only getting the binaries, 1:27:05 this goes too far. So it becomes infeasible. 1:27:08 Dude. I understand. My point is that my point I'm trying to make is that stop 1:27:12 shaming people. The situation is tough. 1:27:14 The only thing you could do here is again start. 1:27:16 And I even wrote that in the tweet, 1:27:17 start creating some form of nodes. 1:27:20 And Luke said those are not nodes that have other things attached to it that you 1:27:23 can monetize. Okay. That's how you're going to do it. 1:27:25 You can still work on Bitcoin D and do something like samurai. 1:27:28 And then you're going to make money. And then, and then the thing is like, 1:27:31 you have a, if you were making money like that, you have a right, 1:27:34 you have control over it. And it's going to be better for them. 1:27:37 And it's going to bear for everyone. And then it matter though, 1:27:39 can I fucking go around? 1:27:41 If he has to like sell Luke S jr shirts or something. 1:27:45 Dude, listen, here's the thing right now with this whole fucking destruction. 1:27:48 Bullshit. All right. It's 2000 twin. Okay. If you're, 1:27:52 if you want to do anything that's successful today, you could be a guitar player. 1:27:55 You can be a carpenter, whatever you need to be a media company of yourself. 1:27:58 Like that's how the world works right now. Okay. 1:28:00 So you either hire someone to do that for you or learn that skill. If you don't, 1:28:04 sorry, get the fuck out of here. That's a minimum requirement today. Okay. 1:28:07 I'm sorry. 1:28:08 I hear what you're saying. I'm not necessarily convinced you're a hundred percent 1:28:11 correct, but I do think, you know, 1:28:13 it's like there was a time before the resume existed. 1:28:17 There was a time before, you know, there were like credentials. 1:28:22 And over time people got used to the idea that that was just a thing you had to 1:28:26 do. And it was part of being an adult. 1:28:29 And so I think you may be right that this may be the new 1:28:35 flavor of that. 1:28:36 I mean, look, I just feel like, like that, that means he's lacking in awareness. 1:28:41 Again, it's not enough to create the greatest guitar in the world. 1:28:45 Creating the guitar, biggest guitar in the world means literally making it and 1:28:49 getting it in the hands of people. That's a part of creating. 1:28:51 That's the whole thing is not enough just yet. 1:28:53 And he's right now saying something is wrong. If I would be in his shoes, 1:28:56 I would try to figure out how the fuck do you intensivize Bitcoin core development? 1:29:00 How do you make it native to that? How do you, I'm sure you've heard of it. 1:29:03 I don't know. Maybe I, I, I, again, I honestly think in a few years, 1:29:06 you're going to have some such models like this. So if I would be like him, 1:29:09 I would say, this is a problem. Let me use my big fucking brain to solve this. 1:29:13 But he's not going to do this because he's one of those people who thinks that 1:29:15 if you make money out of something, tense it. And that's fucking dumb, you know? 1:29:20 Well, I agree with you that there is a weird aversion to it, 1:29:23 but I understand some of it I think makes sense though. 1:29:26 For some reason in open source software, 1:29:29 I think, I think it's often a distraction, the money, you know, 1:29:33 if it includes a distraction, then I don't know what to tell you, 1:29:36 motherfucker. Why did this person get money and this person did not? 1:29:40 I think it kind of sets the thing in a weird direction. 1:29:43 Well, you know what? This is again, me being me, 1:29:47 but whenever in my life I saw someone do better than me in something, 1:29:51 I immediately presume is my fault because I was the one who made the decision. 1:29:55 I was the one who made the decision. 1:29:57 I immediately presume is my fault because I wasn't good enough. 1:30:00 And you're going to be like, no, no, no, this person, no, no. 1:30:02 If I would have been 10 times better than someone, 1:30:05 then there was no doubt that I would have won. It's very simple. 1:30:07 So that's how everyone should see it. I sound harsh. 1:30:11 It doesn't sound like a solution, but that's the reality. 1:30:13 If you're 10 times better than someone, then you'll never have this problem. 1:30:16 So work harder. And by the way, Luke is 10 times better than, again, 1:30:20 he's one of the 10 people who's not fungible that works on Bitcoin Core. 1:30:23 So if somehow they would get to the point to do this, 1:30:26 he's priced in he's again, he's, he's really smart. 1:30:29 You have to give it to him and he's very creative in his, in his own weird way. 1:30:34 He really is very novel. Yeah. So, so again, so clearly he's, he's smart. 1:30:39 And, and, and he, he's not, he's not communicating that properly to the, 1:30:43 that's the same as you. He's the Jasmine. Oh my God. 1:30:46 It's the same thing you have is the Jasmine syndrome. And, and, and again, 1:30:50 I'm not trying to shit on him. If it felt like that, 1:30:52 I'm just trying to point out what's happening here and bring a bit of clarity 1:30:55 on the situation. So, yeah, that's my problem with it. 1:30:59 So if Mattel, they would really want to fucking help these people, 1:31:01 he wouldn't make a fucking list and go like, 1:31:03 you know like when you go on a fucking street and all these people go like, 1:31:06 can you please donate? No, I don't want to fucking donate anything. 1:31:08 Get the fuck out of here. That's what they're doing with those fuckers. 1:31:11 If they would really want to solve a problem, 1:31:13 they would find a way to find somehow to create incentives there. 1:31:17 I don't know how I find a fucking way and make it native. 1:31:21 And somehow when I do something like when I use something of that money gets 1:31:25 them because then I'm not going to like, I've looked at, you know, 1:31:27 would say like if there would be her thing, 1:31:30 if there would be a better version of Bitcoin D somehow, 1:31:33 I don't know what better means. 1:31:34 Maybe it has a hash calculator that you thought something that I need. 1:31:37 And it's like 10 bucks for it. Dude, I'll pay 10 bucks for a month. 1:31:40 Like I'll pay even a hundred bucks. I, I, I run. 1:31:42 Do you really think so though? I can see if there was, if that was, 1:31:46 if that was online, 1:31:48 I could see people saying like their next Google search is going to be like, 1:31:52 you know, for the cracked version of that software. 1:31:55 Here's the problem right now. Here's what you don't understand. 1:31:58 There's some, it's the same thing with all the other softwares. 1:32:01 There's some people who will use that, 1:32:02 but there's some people like me who will value the, 1:32:04 do you understand? I'm not paying for the free thing. 1:32:07 I'm paying for that hash calculator or something that the other one doesn't have. 1:32:10 That's what I'm trying to say. And I, that's something that brings value to me. 1:32:14 So if they can't figure out something that I use, 1:32:16 then they're bad at product design. 1:32:17 Someone will try to steal the software. 1:32:19 That's what I'm saying. It has to have hash calculator. 1:32:22 You're right. 1:32:23 But there were people who did creative things around the way and they found a 1:32:27 way to incentivize and do this. Okay. There's a lot of open source. 1:32:31 So if you're not, if you're not willing to do that, then, then again, 1:32:33 you don't want it hard enough. That's how I see it. You're not willing to find. 1:32:37 So you're working on a thing. 1:32:38 You're not working hard enough to find a way to make money out of it. 1:32:40 And that's your problem, dude. You can tweet about it, 1:32:43 but I don't think you are looking at it in the most honest way. 1:32:46 I don't think he really wants the money. 1:32:47 The most honest way. 1:32:48 I don't think he really wants this problem to be solved because if you want it 1:32:51 to be solved, he would, he would not be like, this is a problem. 1:32:54 I'm just going to like read about it and look at you. 1:32:55 He would try to find a solution for it. When, like if, 1:32:58 if your hand hurts really bad, you're going to find at one point when you can't 1:33:02 take it, when you reach a five on the scale, you're going to be like, 1:33:05 I need to, I caught it up. I fucking do something. Motherfucker. 1:33:08 He's not at that point right now. Okay. This is not a big problem as it is. 1:33:13 I'm sorry, but, but what the fuck are we talking about here? You know, 1:33:16 I don't know. I have a totally different conception anyway, 1:33:19 which is that we should have sidechains and 1:33:24 then either sidechain should be responsible for their own success or failure. 1:33:29 So the developers on them, 1:33:31 but Bitcoin would never need to worry about devs monetizing or not 1:33:35 because all the development would just be complete or 1:33:41 you could just see, I don't understand what you mean. 1:33:43 I think you also hinted at this last time. Can you, 1:33:45 what do you mean by all development would be complete? 1:33:46 There's just has to be someone that writes the code for that. You know, 1:33:50 there's in, in Drivechain, 1:33:53 you don't need to make any code changes to add a new sidechain. 1:33:58 So the, 1:33:59 but there still has to be some code made somewhere, somehow. 1:34:04 Yeah. We're down the sidechain. 1:34:05 Software needs to go from being not existing at all to being creative. 1:34:10 Okay. But, but one second, right? 1:34:11 It still doesn't solve the problem because there's still the Bitcoin chain, 1:34:14 which needs to go on. So someone still has to do development for that one. 1:34:18 I'm talking about this one. 1:34:20 Why does the main chain need any more development? 1:34:22 Because I don't, I'm not, I didn't need any, I did say quit, uh, 1:34:27 being a software engineer. But as far as I know, 1:34:30 software needs constantly updating because things happen. 1:34:35 So you can't just be like, that's it. 1:34:36 We're not going to take out any more versions. 1:34:39 That's idiotic because the world changes and you, 1:34:41 and you just get better at things and there's always things could do better. 1:34:45 I'm sure. 1:34:45 But you wouldn't need it though. The point is there wouldn't need, 1:34:48 I don't think you would need to worry about, you could go. 1:34:52 It's many things actually, uh, do reach a final point of development. 1:34:57 I mean, I agree with you. There's no, 1:34:58 it's kind of silly because you can always improve software, 1:35:02 but you, 1:35:04 the point is you could live in a world where just the version of Bitcoin that 1:35:08 you had was just the last version. 1:35:11 So it was just this intro, this is this simple module, just like how, 1:35:15 at some point, whatever, there was like a, 1:35:18 there must be something where like Bluetooth version two, 1:35:21 obviously went on to different greater Bluetooth macro versions, 1:35:25 but there eventually, whatever that was, that was just, 1:35:28 or even something like, um, you know, about MIDI, right. You know, 1:35:32 at some point MIDI just. 1:35:35 Right. I see what you're trying to say. I guess I, okay. 1:35:39 I feel you in that perspective, 1:35:40 but I feel that a better comparison and this type of 1:35:45 protocol and the close thing we have to it is the internet. 1:35:49 You know what I'm trying to say? 1:35:50 Okay. Let me finish my point because it wasn't as though I, 1:35:54 I just thought maybe you didn't quite get it. 1:35:57 So the way I see it, the problem is people saying, okay, 1:36:02 um, there won't be enough develop. 1:36:05 We have to worry about whether or not there's enough BTC development. 1:36:08 We need the developers in order to make sure that BTC is a success. 1:36:13 So that's what I'm looking at. Okay. 1:36:16 And sidechain solve that because how could BTC possibly fail? 1:36:20 Either someone somewhere else does some development that you steal and put on a 1:36:24 sidechain or they don't. 1:36:29 So now you no longer need to initiate any development. 1:36:32 You don't need to compete because you always win and you steal or they don't do 1:36:37 it and you just win by default. 1:36:39 So let me repeat what you just suggested, just to make sure I understand. 1:36:41 So we're trying to say that, 1:36:42 that Bitcoin is like this in this state right now and there's going to be new 1:36:45 ideas, new ways of improving it in the space there. 1:36:48 And you say there's only two ways of going about it. 1:36:51 Either the idea is there and someone grabs it and puts it on Bitcoin or puts it 1:36:55 on something else or doesn't put it anywhere and dies, right? 1:36:58 That's what you're trying to say. 1:36:58 Altcoin or a sidechain or something. Yes. 1:37:02 So what I'm saying is, imagine that there was no development. 1:37:06 Why would that be bad? 1:37:08 Well, one reason could be is that something else is more innovative and people 1:37:13 switch to a different coin. 1:37:16 I wouldn't worry about that. I think that's impossible. 1:37:19 Really? You think it's impossible? I think it's unlikely. 1:37:23 Let me say that. 1:37:24 I don't think it's impossible at all. 1:37:25 Yeah. When I say impossible, that's what I also mean. Okay. I mean, it's hard. 1:37:29 I'm sorry. I don't know. I think in colloquial language, 1:37:31 when someone says impossible, you understand that they actually mean very 1:37:34 unlikely. You know why I think that's impossible? Because I said it again, 1:37:38 I'm sorry. You know why I think that's very unlikely? Because the biggest, 1:37:47 why? Just say it. 1:37:49 I'm sorry. Because the biggest, the biggest point was to, 1:37:54 in order to secure this position and people not to compete with BTC, 1:37:58 you just have to make sure it distributed evenly. 1:38:01 You may have to make sure you're the first. 1:38:02 But no, but the hard fork can take care of that. Oh, same distribution of coins. 1:38:07 No. Well, that's the thing. It will never, ever, 1:38:10 you can never from now on ever have a fair distribution of coins as you did in 1:38:13 the first time. 1:38:14 The hard fork can do that. You just say, look, 1:38:17 this is a new version of BTC has better developers and it will be forked in 1:38:23 three months. 1:38:24 Do you not understand that we'll have the exact same distribution of coins? 1:38:29 Yeah, but we're getting, we're getting, yeah, no, sorry. 1:38:33 And that is, you said that the distribution of coins was the most important 1:38:37 thing, but I didn't express my, I, I, I use that again against me. 1:38:45 You feel I did it in the chat until I grew up. Anyway. 1:38:48 Um, I didn't express my point correctly. 1:38:51 I don't think like the distribution of the coins needs to be, 1:38:54 I think you need to have an initial condition when there's nothing on the 1:38:56 planet and then you start out with a distribution because this already exists in 1:39:01 the world right now. 1:39:01 When whatever you're going to try to do is going to be referenced towards the 1:39:05 inception of Bitcoin. And I don't think that's just philosophical. 1:39:08 That's a philosophical difference. 1:39:10 I think it really has to do with the fairness and the way it played out. 1:39:14 What do you think about that? Does that make sense to you? 1:39:17 I think you are right, but I still think you're not explaining it. 1:39:21 I'm trying to figure out what your, what is going on in your brain. 1:39:24 I think there's something in there, but I don't, 1:39:26 I don't know what it is and I don't think that you said it at all. 1:39:28 When you just spoke, you said some both. 1:39:31 It's something about like when there needs to be nothing, everyone, 1:39:35 yeah, there's people will look at the new thing. 1:39:41 Well, can we talk more about, I mean, I know you hate talking about BCH, 1:39:45 but I'm going to talk about, 1:39:47 because it, 1:39:49 the central flaw was that it was not something new. 1:39:54 This was the main error of Bitcoin cash. In my view, 1:39:58 the sort of philosophical mistake was that it was pretending not to be something 1:40:03 new when it obviously was. And especially 1:40:07 that the time at which it split off, that was itself a time code that was typed in a source code, a BCH. So at this time, now start doing this. 1:40:23 Okay. 1:40:24 So in every sense, it was something new, but it pretended to be like the original Bitcoin and blah, blah, blah. So I agree with you that when people look at it, they say, but especially the problem is that people prefer the word Bitcoin to refer to the same thing yesterday as today, or the same thing today as yesterday. 1:40:49 So they wouldn't want to change. And so this was like this kind of kernel of this big problem that existed for BCH. And then the problem just got bigger and bigger as they tried to deal with it and all these other ways that didn't succeed in dealing with it. 1:41:12 But what I'm trying to say, so what you're saying is, it's not the case that the owners would be indifferent because they own equal amounts of both coins, because they would further like to say that they are also on the team of people who ignore hard forks on principle. Is that what you're saying? 1:41:36 Not that specifically. What I'm trying to say is that the only way you can pull out Bitcoin and make it successful, it has to be before everything else was there. That's what I'm trying to say. You can't redo that again. There's no way you can redo that. It's the same as immaculate conception. It was only done once. It was only baby Jesus, and that's it. 1:41:54 Before everything else was there. I don't know why that matters to you. 1:41:57 You know why I think it matters? 1:41:58 But I think there must be something because my brain is latching onto it and thinks it's interesting. 1:42:02 The reason why I think it matters is because there's so much, like right now, if we would start like, let's say we have some better algorithm. I don't know. Let's just say script is a better algorithm. 1:42:16 I think it's live by the fork, die by the fork. Like, where would it end? There's a potentially infinite number of improvements you could make. So since there's no way to coordinate where you would stop on that list, it's better to just stay on the first chain. 1:42:32 I mean, that's also valid. Yeah, that's a very good point. That probably makes more sense. But in my head, it's more like the only way to make Bitcoin successful is no one needs to know Bitcoin exists and you put out there in the world. 1:42:45 But now people already know what, like, there's no way you can, even if you have something better right now, even if somehow mathematically eight minutes blocks would be better, like literally there's a mathematical format that tells us that's true. 1:42:56 If you would do it right now, it still wouldn't work out. It still wouldn't be better because it needed to be the first one that no one ever saw. That's why it was successful. That's why it was fair. That's why it was done like this. You know, it was the original thing. It wasn't in reference. 1:43:11 So for you, the presence of Bitcoin in people's minds is important. And I agree. And there is definitely a sense in which you have to sort Bitcoin to the top of the list of all possible investments in not only cryptocurrency, but money. 1:43:32 Yeah. 1:43:33 So Bitcoin has to be sorted to the top. And it's easier to do that if the list is blank. But it's not impossible for some new thing to do that. 1:43:41 I mean, the thing could be the list, but I don't think, again, out of all the values that are proposed and there's some intuition to that. Like, why do you want this Bitcoin thing? Again, I think it's a certain amount of fairness that was never achieved ever, ever, ever, ever. 1:43:56 And I don't think you can do that again. I just don't see how you could do it again. Monero is fairly similar to Bitcoin, fairly similar. And it would be a good example of what we're talking about. But if Monero would have been developed first and Bitcoin afterwards, I think still Monero would have been the one, this one would have been the second one. 1:44:15 I agree with that. But don't you think it's irrelevant? The fact that the hard fork makes all the owners indifferent. They have the same amount of each coin. So it's not as though they're being treated unfairly at all. They're being treated exactly the same way they were before. No one is like... 1:44:36 You know how I feel this is equivalent? It's like, you know, imagine you have a girl, that's your girlfriend, and you have a twin. Oh my God, I'm so happy. And she has a twin sister, right? And like in a porno movie, she comes here and you fuck her twin sister. And then you realize, but let's say you're madly in love with her, right? And then you fuck this twin sister, which again, it's identical. She even has the same wrinkles on her pussy. That's how identical they are, right? 1:45:02 And then you're going to be like, but it's the same. But it's not. It's just they're identical biologically. But there is something else here because when they both started, there was this divergence in them, right? Kind of like that. That's kind of how I feel about it. And only Bitcoin started from here. So everything else started from here somewhere, right? Bitcoin was from first. 1:45:26 That didn't make any sense to me at all. I mean, you know that in a fork, it's the same person who splits into, you know, in advance, later they'll split in two. They will have been the same person until the fork. 1:45:42 Yeah, but in this analogy, for me, considering it's not, I don't consider to start a biological point when the cell divides. I consider when they come out of the pussy. 1:45:50 Okay, I think what you're saying is that the software needs to be sort of stress tested by experience. And that is something that is true of the original software, but not of the new software. 1:46:08 I mean, that's also true. Clearly, it's just 1:46:10 What are you saying? I'm trying to just figure out what you're trying to say. 1:46:13 I'm just trying to say that there's some merit and it's not just like, again, a philosophical merit to being first. And forever right now, everything you're going to create any currency, it's always going to be related towards Bitcoin. It's referenced towards Bitcoin. Bitcoin was created, there was nothing on the planet. So that's why Bitcoin is Bitcoin. That's what I'm trying to say. 1:46:35 It's not a specific parameters that Satoshi picked, like 10 minutes block time, this specific shot, those type of signature. No, no, no. Those are all relevant, then it would have been different. But you could have tweaked all those ones, and it would have still be the same result. But just because it was first, that's the only way, that's why it's successful. 1:46:51 Yeah, well, I think that that's because of that coordination thing I mentioned already. That there could be infinite, which is now called live by the fork, die by the fork. 1:47:00 Yeah, I don't know. 1:47:02 You lose all the loyal people, people chasing a shiny new object, and then they, those people fork again. We've already seen this, it's already happened, BCH, BSV, Omri's fork. 1:47:14 It's a very weird thing, and that's why people see it, the hard fork, at least see it. It's really like, a hard fork is like you live in London, and you walk on the street, and then someone sends you somewhere like in Romania, but you don't know Romanian. That's what a hard fork is to me. And you're saying, it's the same people, it's not actually, you know what I'm trying to say? 1:47:39 No, not at all. It's ridiculous. 1:47:41 Okay, that's the craziest analogy ever. Okay, next thing. 1:47:44 Jesus fucking Christ. What else do we have here? Oh, no, there's the one with the Forbes, that's a nice one. 1:47:52 Which one is that? 1:47:55 Number 11. 1:47:58 Oh, yeah. Oh, no. I don't know, what can we say about it? There are some good ones. 1:48:08 So there's the Forbes under 30, class of 2021, and it says here, 40% women, 49% people of color, 100% the broadest young leaders in the US and Canada. By the way, Paul, I still have a few days until I could make it in the Forbes under 30. I'm not 30 yet, just letting you know. 1:48:30 You're not 30 yet? 1:48:31 No, I'm not. 1:48:32 Oh, you're 29? 1:48:33 Yeah, so I still have a bit. 1:48:36 Still do it. 1:48:37 Yeah, maybe we should write a new mission in this podcast. 1:48:40 Yeah, send it in and say, clearly, there's been some kind of mistake. 1:48:44 Anyway. 1:48:45 Alex is on the list. 1:48:46 So in this Forbes list here, there's like a few Bitcoin people. There's Jack Mallers, right? And there's also a woman from BlockFi, who I've never fucking heard of before. But she's a founder apparently, right? 1:48:59 Yeah. 1:49:00 I think that's interesting. And oh, the site isn't loading up anymore now. But I just think it's crazy that they go like, 40% women, 49% people of color. I mean, the distribution of reality, like the facts of like human behavior. 1:49:16 I don't know what to say. You know, I don't know what to say about it. Can you imagine if they did it differently? If they were like, the exact same facts, but it was like, 53% men or something? 1:49:28 Imagine if you change men with women and people of color with white people, you just become racist. That's how nuts the world is today. 1:49:35 That'd be pretty funny. 1:49:37 That's how nuts, that's how nuts that is. 1:49:40 I think it's kind of harmless. I think it is stupid though. 1:49:44 You know what, if I would be a woman. 1:49:46 It's explicitly racist. 1:49:47 Let me tell you, if I would be a man of color, right? And maybe I have some color heritage, but not enough to claim that. But if I would be, and you put me on the list, I'd say like, go fuck your mother. 1:49:58 Yeah, because you've only been on the list because of, yeah, that's what I was saying before about the whatever thing, the board, the SEC, NASDAQ thing. 1:50:10 Yeah. 1:50:11 So yeah, I agree. 1:50:13 So I don't know, I don't know what's wrong with this people. And I'm just, I'm just curious, like, who the fuck sits there and does those things? And how the fuck they think this is? 1:50:21 Do you understand there's probably a team of at least 1000 people, Forbes is a big magazine, that they're actually going around passing papers, Karen, we got this person. 1:50:30 And they're literally staying there and they're trying to make sure, crunch the numbers that they're the correct amount of women. And then they think that's okay. 1:50:38 Do you understand how nutty that is? Do you understand how crazy these people are? 1:50:42 Do I understand these people literally are from a different planet? 1:50:44 I don't know, it's like, this is the list and they want people to gossip about it and feel insecure about the fact that they're not on the list. And so that's just the game of Forbes. 1:50:57 It's just not loading up for me. I would really want to go for the list right now. 1:51:00 Why? Who cares? 1:51:02 Let's make fun, I wouldn't want to make fun of these fucking people. I want to go and make fun of each one of them. 1:51:09 What do you mean? What was the point of having this tweet up and I got to fucking talk shit about these people? Dude, is it loading up to you? I swear to God. 1:51:16 I already loaded everything before to be prepared. Like I said, I would. 1:51:21 Wow. Good for you, buddy. Good for you. 1:51:24 But I don't actually care enough to. 1:51:27 Why? 1:51:29 I'm so bored. When's this episode over? 1:51:32 Let's just skip. Oh, Luke Dashjr. teaches Paul about hashes. 1:51:36 Wait, are you bored because it didn't make it on the list? 1:51:39 Imagine this. Number seven. Nice prime number. Paul Sports. 1:51:48 I think I would also hate it. I don't know why I would be baffled because I would say like I don't do any promotion at all. 1:51:56 So I would say like who at Forbes even found this? 1:52:02 No, but imagine they go like for his incredible theoretical work. 1:52:06 I was going to say theoretical. Exactly right. Because it's not like it's not like finished. 1:52:10 So I have a question for you. If you would get a Nobel Peace Prize, how would it make you feel? Would you take it? Would you go and take it or not? 1:52:15 Oh, I would want the one. I would want the economics one, not the Peace Prize, but I would certainly take it. 1:52:20 Wow. OK. And I would use this to advocate. I would use the speech to advocate for conditional prediction markets. 1:52:28 You could talk about this before. Wait, didn't you tell me you helped someone win a Nobel Peace Prize? 1:52:33 Actually, no, no, no. The econ. No. And I was at Yale. My boss won the econ one a few years later. 1:52:40 OK, OK. Did you have anything to do with it? Well, I, you know, I don't probably not. 1:52:45 But you never know because we were working on the same stuff for what you want. 1:52:49 So why did he want to press for? He worked in environmental economics. 1:52:54 Look, explain a bit what I don't know. I don't have any context. 1:52:57 He has a lot of stuff. It was modeling the economy and trying to figure out. 1:53:04 Well, there's a lot about climate change, like would how much damage would be caused as a result and how would people react to it? 1:53:11 But so does he think climate change is real? Does he think is real? 1:53:15 Yes, he does. And you think it's caused by humans and everything? 1:53:18 I think CO2 contributes to increasing global average surface temperatures. 1:53:24 All right. But you contribute to a lot of things, some things like some countries like Russia actually benefit from global warming. 1:53:31 Yeah, but the thing is that other countries like go underwater and are destroyed. 1:53:36 But to a bigger planetary scale and a time scale of like since when the planet exists or whatever. 1:53:40 Do you think that's like problematic or is it just like we're looking at it right now and we're freaking out? 1:53:47 Well, first of all, have you looked at the graph of CO2 concentration? 1:53:51 No, I have not. 1:53:52 It's like you can go back like five billion years and it's like and it's like goes chaotically for like a million years and then like billion years. 1:54:03 Excuse me. Big difference between a million years and a billion years. 1:54:09 And it's like going, going. And then it's like sort of normal for a couple more billion years. 1:54:14 And then it's like human era and it's just like the highest level ever recorded. 1:54:20 So I think that's certainly a big risk. I don't know why. 1:54:23 So pretty much your boss was Greta Thunberg. That's what she was trying to tell me. 1:54:27 Was Greta what? 1:54:28 Was Greta Thunberg. That was your boss. 1:54:31 Yeah, I think it's perhaps Thunberg. I don't know. I don't know. I can't guarantee that, though. 1:54:37 I don't really know. Anyway, so you thought of that. 1:54:42 Actually, the funny thing is they he won the award and then they had him give a speech and his speech was something like free market solutions are the only sustainable way to fix the climate problem. 1:54:53 And it was just like stunned silence like the room because everyone wants there to be like crazy new world order. 1:55:02 Were you happy when you said that? 1:55:04 It was really funny. 1:55:05 Were you working back then on your market stuff back then or were you just like not? 1:55:09 I was already working on my market stuff. I don't know. Your timeline is making me confused. 1:55:14 But we won it a little bit after I stopped working there. 1:55:19 So you thought probably a lot of time about winning a Nobel Peace Prize. 1:55:23 I don't want to win a Nobel Peace. 1:55:25 Why not? Why wouldn't you want to? 1:55:27 Do you understand the difference between the Peace Prize and the prize for like literature and chemistry? 1:55:32 I know. I know. I'm an idiot. So what you thought about winning? 1:55:37 The people who won the Peace Prize are crazy. Like Henry Kissinger has won. Barack Obama has won. 1:55:42 And he said like he's admitted like that he doesn't know why he won. 1:55:46 Listen, I'm curious. 1:55:47 The Peace Prize is like a nutty prize. 1:55:49 So if you would win, if you would win the one in economics, you thought about this a few times. 1:55:54 It crossed your mind more than once. 1:55:56 Yeah, it has. Yes. 1:55:58 Do you think you would deserve it for the work you did so far? 1:56:03 I've already published one or two things that I kind of think are somewhere on Bitcoin. 1:56:10 It's on the front page. 1:56:12 It's mostly other people's ideas combined into. 1:56:16 Do you think the work done on Hivemind, let's say, do you think it's worthy of a Nobel Prize? 1:56:25 I think it could become something that could win. 1:56:28 But I don't know. 1:56:30 The way that it's done is people who have won in the past meet and decide. 1:56:35 So they will pick people who are like them. 1:56:38 People who have published in journals and things. 1:56:41 Do you know who Richard Feynman is? 1:56:43 Not necessarily the doers. 1:56:45 Do you know who Richard Feynman is? 1:56:47 Of course I know who Richard Feynman is. 1:56:49 Do you know he didn't do the fucking prize because he was like, fuck you, motherfuckers. 1:56:52 I'm not going to like play this. 1:56:54 I'm not going for a participation trophy. 1:56:56 Did he win the prize in physics and then not accept it? 1:56:59 Yeah, he was like, that's bullshit. 1:57:01 He's like, that's bullshit. 1:57:02 The work should be your reward. 1:57:03 He certainly deserved it. 1:57:05 He did an awful lot. 1:57:07 So one second. 1:57:08 Do you understand what he did? 1:57:10 Are you familiar with his work in physics? 1:57:12 I think he would have won it for the Feynman diagrams. 1:57:17 Can you explain what that means? 1:57:19 I don't know. 1:57:22 I think that's what he won it for. 1:57:23 I'm not sure. 1:57:24 This is extremely dangerous, my friend. 1:57:27 You're asking me. 1:57:28 This is a highly advanced physics concept. 1:57:30 And I don't know. 1:57:31 I'm not a physicist. 1:57:33 So I don't know how badly this is going to be mangled. 1:57:37 Dude, who the fuck do you think that listens to us more and knows about physics than you? 1:57:41 Are you fucking crazy? 1:57:42 It's not really appropriate to talk about things that you don't know about, my friend. 1:57:46 I'm sorry that you... 1:57:47 What do you think I've been talking about things that I don't know about this whole time? 1:57:50 I know actually something about some of the things that we've talked about one or two times. 1:57:54 How come you're saying so much stupid shit every time? 1:57:57 I know that it's funny when the Venezuelan government, military, steals people's mining equipment and starts mining Bitcoin. 1:58:04 I think that's a lot funnier than what people on CNBC think that Bitcoin is about, which is like some silly little game. 1:58:11 They don't understand. 1:58:12 I think that's hilarious. 1:58:13 Anyway, so you don't want to explain... 1:58:15 I'm going to give it a try. 1:58:16 Okay. 1:58:17 There was this shift at the time to quantum theory. 1:58:22 Einstein came out with general relativity. 1:58:25 Just describing giant objects like black holes and things, spaceships that would travel near the speed of light. 1:58:34 And then there was a study of this quantum thing, these tiny, tiny, tiny things that existed in discrete units called quanta. 1:58:41 What does discrete mean in this context? 1:58:43 Discrete means it's not continuous. 1:58:45 So it's not as though when you... 1:58:47 Like if you had a light bulb with a dimmer switch, it's not... 1:58:51 You can imagine that it could always make it half as bright forever. 1:58:54 Half, half, half, half, half. 1:58:56 You could just keep going it, cutting it in half for an infinite number of times. 1:59:01 But what physicists have discovered is that eventually you'll have it to two and then you'll have it to one photon and then you'll have it and it will just be completely off. 1:59:10 Right. 1:59:11 So there are these just discrete blocks called quanta. 1:59:14 Okay. 1:59:15 Which is the origin of the whole field. 1:59:19 So I don't know exactly how this came about, but there were these interactions that were very difficult to explain between these tiny objects. 1:59:30 And since Richard Feynman was a genius, he was not constrained... 1:59:34 He made a swindly line and explained it pretty much. 1:59:35 Exactly. 1:59:36 He wasn't constrained by what looked like professional or what looked... 1:59:44 Sciency. 1:59:46 Exactly. 1:59:47 So he just wrote out like the way he saw it. 1:59:50 And it turned out to be like kind of like the only practical way of explaining it or whatever. 1:59:56 So that is what that is. 1:59:59 God help me the hate mail I get from anyone who actually... 2:00:04 I doubt. 2:00:05 I honestly doubt there's people who really study physics and will listen to this fucking podcast. 2:00:11 I doubt that. 2:00:12 I really doubt. 2:00:13 Well, then it won't be successful the way you wanted it to be. 2:00:16 Because there's just X number of people who study physics somewhere in the world. 2:00:20 Yeah, but also who understand... 2:00:22 Well, I study fucking physics. 2:00:23 It doesn't mean I fucking... 2:00:24 I know the first law of thermodynamics. 2:00:26 It doesn't mean I fucking know Feynman diagrams. 2:00:28 Of course, I'm talking about who would understand... 2:00:30 Know them enough to just say what they are on a podcast in like a couple sentences. 2:00:34 That's where my knowledge ends on everything pretty much. 2:00:37 I only know how to name things. 2:00:40 If someone never heard of them, I can make myself sound like I'm smart. 2:00:45 Actually, I didn't know that he won the Nobel Prize and refused it. 2:00:49 Yeah, there's even a video of him saying... 2:00:53 He doesn't state it like that. 2:00:55 He says that the reward comes from the fight at the final. 2:00:58 But you see, this is a paradox. 2:01:00 So I understand exactly what he means, but the layperson doesn't know the difference between like Craig S. Wright and Richard Feynman. 2:01:08 Do you know what I mean? 2:01:10 The layperson just thinks, oh, that's a really smart... 2:01:12 Or Vitalik Buterin or whatever. 2:01:14 Well, here's the thing right now. 2:01:16 If we would be in front of two people... 2:01:17 I'm willing to take this bet for you. 2:01:18 I'll bet a hundred bucks. 2:01:20 And we're in front of... 2:01:21 I think... 2:01:22 And we start being ourselves. 2:01:23 I think I'm better at convincing people I'm smarter than you. 2:01:26 And we both know that's not true, right? 2:01:27 We both know. 2:01:28 So... 2:01:29 But this is the point. 2:01:32 It's just that it becomes hard. 2:01:33 If there's like a bell curve, it's just... 2:01:35 People become more average. 2:01:37 It becomes harder for them to tell who are the geniuses and who are the cranks. 2:01:41 No, but for them, it's just a low-resolution picture. 2:01:44 And they just see it everywhere. 2:01:45 This is the beauty of formal awards and credentials. 2:01:50 You have a lot of smart people decide amongst themselves who is at least not a complete fraud. 2:01:58 Now, here's the thing. 2:01:59 Again, before 1990... 2:02:02 Then the layperson can say, oh, they won the Nobel Prize. 2:02:04 They must be a genius or whatever. 2:02:06 I won't be completely wrong. 2:02:07 Before the 1990s, dude, that made a lot of sense. 2:02:10 Because what else was there? 2:02:12 But, dude, you have Twitter right now. 2:02:14 Like, again, if you're a genius and people know you're a genius... 2:02:17 This is so funny. 2:02:18 Yeah, you can be like some guy who won a Nobel, like Paul Krugman. 2:02:22 And then people can just be on Twitter saying, this guy fucking sucks. 2:02:25 No, but my point is that the archetype in being a genius is like being like Feynman. 2:02:30 Like Feynman was a genius. 2:02:32 And he still found a way to also like relate it in... 2:02:36 I don't know. 2:02:37 The thing is, like, you can see... 2:02:38 If you see Feynman talk for 10 minutes, you're like, oh, my God, you know? 2:02:42 So that's what should aspire to if you're a genius. 2:02:44 Yeah, but you don't actually know. 2:02:45 But neither of us... 2:02:46 You're just proving my point, though, because neither of us are specialists in physics. 2:02:49 So we don't actually know if Feynman is like... 2:02:54 Where does he rank among the top 30 physicists of all time? 2:02:57 We think confidently that he would be near the top. 2:03:00 But maybe we could be wrong. 2:03:01 Maybe once you study physics for 10 years, you're like, oh, I see why everyone likes Feynman. 2:03:06 But actually... 2:03:07 So you think Feynman is like the Dunhill of physics or something? 2:03:11 Oh, my God. 2:03:12 That would be a horrifying thought. 2:03:14 Don't even say that. 2:03:15 Wouldn't it be crazy? 2:03:16 Don't you think? 2:03:17 Like, there's some hardcore... 2:03:18 Imagine if there's like the Luke Dashjr. of physics or something like that. 2:03:21 Luke Dashjr. of physics. 2:03:22 He's like a reclusive weirdo Catholic with like 40 children. 2:03:26 And Feynman is just like, you know, the guy who like talks to everyone, explains things easy and dumbs it down. 2:03:32 And he talks about particles in this weird like human way. 2:03:35 Yeah, he does a squiggle. 2:03:39 It's horrible. 2:03:40 That's the name of the episode. 2:03:42 Dunhill of physics. 2:03:44 Richard Feynman is a Dunhill of physics. 2:03:46 Squiggly lines. 2:03:48 Squiggly lines is good. 2:03:50 What was else? 2:03:51 We had a couple. 2:03:54 Anyway, fuck Forbes and fuck participation trophies and all these things. 2:04:00 So, yeah. 2:04:03 I don't know. 2:04:04 What else do we have here? 2:04:05 Most dumb tweet ever, but it wasn't that dumb. 2:04:09 Can I please read this one? 2:04:11 Yeah. 2:04:12 I don't know who the fuck this kid is, but I saw him around for a while. 2:04:16 118 likes. 2:04:17 His name is Nick. 2:04:19 Yeah. 2:04:20 But his screen name is Nick can't mine. 2:04:23 Yeah, which I don't know what to say about him. 2:04:26 I don't know why you couldn't mine, you know, it's like, you know. 2:04:29 Anyone can, yeah. 2:04:31 Even with pen and paper. 2:04:33 Or you could go on a website we mentioned last time. 2:04:35 You could, yeah. 2:04:37 Yolk Mining Simulator. 2:04:39 I'm going to tweet at him. 2:04:40 When this is over, I say, dude, this is how you mine. 2:04:44 Now even you can mine. 2:04:46 Now even Nick can mine. 2:04:47 He has this tweet here. 2:04:48 He has like this picture of like, I don't know, like one of those nature pictures 2:04:52 that you would see in the 1700s or 1500s or something, right? 2:04:55 Painted in oil and whatever. 2:04:56 And just very like a portion of nature. 2:04:59 You see the mountains. 2:05:00 You see a lake here. 2:05:01 You see some leaves. 2:05:02 He has that style that I was taught once in college, 2:05:04 but I forgot where they make it more blurry as it's further away. 2:05:07 There you go, a hundred fucking grand. 2:05:08 There you go, so you can count that art. 2:05:10 Yeah, I can also tell you that it definitely wasn't 1500s because they didn't invent, they didn't know anything about perspective back then. 2:05:17 So I date this art to some period that is after the 1500s. 2:05:24 Well, money well spent in that conversation. 2:05:27 Very precise. 2:05:30 Anyway, the guy goes like, finally got around setting up a solid multi-sig wad. 2:05:34 And it fills me with so much peace of mind and Bitcoin Zen. 2:05:37 Yeah. 2:05:39 So why is that the dumbest tweet ever? 2:05:41 It's not that dumb. 2:05:42 I mean, this is Twitter we're talking about. 2:05:43 Okay. 2:05:44 You know what? 2:05:45 The tweets on Twitter are so dumb. 2:05:48 This is like, there's not even registering on my dumbometer. 2:05:53 You know why? 2:05:54 Oh, wait, what did this guy do? 2:05:55 Wait, it says in here. 2:05:56 What does he do? 2:05:58 He works for Bitcoin Magazine. 2:06:00 Didn't I say that? 2:06:01 Wow. 2:06:02 Anyway, so the thing is that toxic capitalist. 2:06:06 Anyway, the thing is that. 2:06:09 What's your problem? 2:06:10 I don't understand where this thing comes from. 2:06:12 People start going on multi-sig like super crazy like this. 2:06:15 Because you know what? 2:06:16 There's two things here. 2:06:17 First of all, your security should be adapted to your lifestyle and your attack vectors, right? 2:06:23 Oh, yeah. 2:06:24 Okay, I agree. 2:06:25 And second of all, they don't understand there's a trade-off in complexity with multi-sig. 2:06:31 There's a really bad trade-off with complexity there. 2:06:33 So at the end of the day, if you're some fucking jerk-off kid who can't mine on Twitter, all right? 2:06:37 By the way, I don't know if he's a jerk-off. 2:06:39 Maybe I'm an asshole. 2:06:40 But dude, you're making your life hard for no fucking reason. 2:06:44 Use a fucking cold card or whatever the fuck you want to use or treasure. 2:06:47 You're going to be more than fucking fine. 2:06:49 You know what I'm trying to say? 2:06:50 It's funny. 2:06:51 You didn't even say what I thought you would say, which is that if you were really filled 2:06:53 with peace of mind and Bitcoin Zen, why is he on Twitter at all? 2:06:58 Why is he telling everyone about it? 2:07:02 That's a better one. 2:07:03 That's such a better one. 2:07:04 Yeah, that's what I thought you would say. 2:07:05 Oh my god, that's such a good one. 2:07:06 I liked your first thing even though I already forgot it because I was so bored with it. 2:07:09 What did you say? 2:07:10 You said your security should be adapted to your lifestyle and attack vectors. 2:07:17 Yeah, he doesn't really need the multi-sig wallet. 2:07:20 He's like, oh, let me try out this cool Bitcoin feature and then I'm going to cheer for Bitcoin. 2:07:24 So yeah, so I guess it's... 2:07:27 But still, I mean, come on. 2:07:29 There are so many tweets that are way dumber than this. 2:07:32 Should we do like a contest? 2:07:33 Should we do like dumbest tweet of the week? 2:07:38 We should do that. 2:07:40 Dumbest Bitcoin tweet. 2:07:41 It's definitely not this one. 2:07:43 You know, there's this... 2:07:45 You don't think it's this one? 2:07:46 I think it is. 2:07:48 It's not dumb, but it's cringy somehow, I guess. 2:07:50 I don't know. 2:07:52 It just makes me be like, oh my god. 2:07:55 You know, like when I read this, I rolled my eyes so fucking hard that literally one of my bows snapped back and fell into my fucking shoe. 2:08:02 That's how much I dislike this fucking tweet. 2:08:08 Okay. 2:08:09 Well, that's useful feedback for NickCantMine. 2:08:16 And he can maybe, I don't know, reform his ways and build tweets that are more agreeable to you. 2:08:24 Or maybe he could go the other direction. 2:08:27 Do you know who Ural Paul is? 2:08:31 Yeah, but I can't remember right now. 2:08:34 I guess now then. 2:08:36 There's this guy who has like this finance macro podcast type of investor thing. 2:08:41 You know what? 2:08:42 I have to say... 2:08:43 It's not coming back to me. 2:08:44 There's this new wave of macro guys right now. 2:08:47 And some of them are really brilliant, by the way. 2:08:49 I like listening to them and whatever. 2:08:51 But there's this, again, this other macro talk in Bitcoin. 2:08:58 And people are very serious about it. 2:09:00 And they get on the podcast and they're like, well, considering these things and whatever. 2:09:03 And Bitcoin makes a perfect case and whatever. 2:09:05 And I don't know. 2:09:06 I just feel like they're all... 2:09:08 I don't know, guys, you're kind of all saying the same thing a hundred times. 2:09:10 Anyway, this guy is not like that. 2:09:12 At least those people say something smart sometimes. 2:09:14 This guy just says stupid things. 2:09:18 His tweet is, if you think that secrecy from governments and no KYC is Bitcoin's future, 2:09:23 then you don't understand what Bitcoin adoption looks like. 2:09:26 They will regulate it. 2:09:27 You will declare it. 2:09:28 You will have to do KYC and that's fine. 2:09:30 It doesn't take away its store of value, but it just integrates it. 2:09:36 What do you think about this? 2:09:38 Yeah, that's tough to say that. 2:09:42 Yeah, Bitcoin will have no value. 2:09:44 If the government succeeds in tracking every TXID and who owns what coin, 2:09:52 then there will be no value add for Bitcoin. 2:09:57 So that will be the end of Bitcoin. 2:09:58 So I don't agree with him at all. 2:10:00 I do think there's going to be some portion, probably a big portion of... 2:10:03 Well, a portion of them being tracked and whatever because you just have to... 2:10:06 But if it's all, then what are we doing here? 2:10:09 Yeah, exactly. 2:10:11 So that's not happening. 2:10:13 I would like to say that actually he's an economic historian, 2:10:16 so maybe you should connect with him. 2:10:18 Yeah, maybe. 2:10:19 I'm tempted to wonder what history is he interested in. 2:10:26 I don't know. 2:10:27 I don't know. 2:10:28 There's certainly a lot. 2:10:29 Let's try to get him on the show and troll him. 2:10:33 Okay, I don't want to... 2:10:36 I don't think we should get people... 2:10:38 I don't know if we should... 2:10:41 I don't know who should we have on the show that anyone would like. 2:10:45 Let's let the audience decide. 2:10:48 We'll let those two people who decide. 2:10:50 They can decide who should come on. 2:10:52 Cypher Skunk. 2:10:55 That's kind of hard to pronounce. 2:10:57 Try to tag people in one of our tweets, in one of my 40 videos that I tweet. 2:11:02 Tag people? 2:11:03 Yeah. 2:11:04 No, someone is like that. 2:11:05 Just add someone in the comments who they should think they should be on our show. 2:11:08 Maybe. 2:11:09 Okay. 2:11:10 We're not going to pick someone serious, though. 2:11:11 You have to realize that. 2:11:12 We can't. 2:11:13 What if Adam Beck wants to come on our show? 2:11:15 Sure. 2:11:16 Were you going to play nice? 2:11:18 Yes. 2:11:19 Why would that? 2:11:20 Sure. 2:11:21 But don't you feel like he's disgracing Bitcoin and he will disgrace our podcast? 2:11:24 I will politely say it. 2:11:26 Politely. 2:11:27 Okay, I understand. 2:11:29 Let's try to get him on there. 2:11:31 I just think that at this point, the company has become a distraction and causing more problems than it solves. 2:11:37 Okay. 2:11:38 Don't you? 2:11:40 I do agree with the distraction part. 2:11:43 I don't know what their vision is. 2:11:45 And I don't know if they're causing that much problems compared to any other companies. 2:11:50 Just like split the company up to different other companies that have different names. 2:11:55 Yeah, I guess so. 2:11:57 I don't know. 2:11:58 Maybe we should write an email. 2:11:59 Not Blockstream. 2:12:01 You should write this idea to contact at Blockstream.com. 2:12:05 Cube River. 2:12:07 I don't get it. 2:12:09 It's a completely different name. 2:12:11 Why Cube River? 2:12:12 What's the reference to it? 2:12:15 Blockstream. 2:12:17 You know, stream, river. 2:12:21 What the fuck? 2:12:22 Do you really not get this joke? 2:12:23 Oh my god, that's such a bad joke. 2:12:25 A block and a cube are geometrically the same shape. 2:12:28 And a river and a stream are both bodies of water that are water flows through a valley in a line. 2:12:36 Do you seriously not get that? 2:12:38 I mean, it's just so bad, though. 2:12:40 It's like... 2:12:41 It's not supposed to be good. 2:12:42 It's just an off-the-cuff thing. 2:12:43 Okay, I'm sorry. 2:12:44 I'm sorry. 2:12:46 Anyway, do we have any fucking thing else here on this thing? 2:12:52 Squarebrook. 2:13:01 Do you have any more? 2:13:03 Do you have other ones? 2:13:05 I'm sure I got all kinds of... 2:13:07 Oh, I was gonna talk about this before. 2:13:09 Tesseract. 2:13:11 Estuary. 2:13:23 You need your Thesaurus. 2:13:27 You need your pocket dictionary for that one. 2:13:31 Do you have any other better suggestions for what Blockstream should be named? 2:13:39 I could do this all day! 2:13:41 I could do this all day! 2:13:43 That's so funny! 2:13:45 You know what? 2:13:46 I think there were probably a few days where you probably did this all fucking day. 2:13:50 This is now the episode title. 2:13:52 Tesseract. 2:13:53 Estuary. 2:13:54 Sorry. 2:13:55 It's taken over. 2:13:56 Okay, I don't even know how to spell both of those things. 2:13:59 So, okay. 2:14:03 Or just Squarebrook. 2:14:05 Squarebrook is the best. 2:14:07 Okay, we have to end the episode now because it's terrible. 2:14:09 Alright, okay. 2:14:10 This is the meta talk we said we wouldn't do. 2:14:12 Now it's meta meta talk. 2:14:14 It's even worse. 2:14:15 Until next time. 2:14:16 Sell all your coins. 2:14:18 Fuck all the hookers. 2:14:19 Do all the drugs. 2:14:20 And be outrageous. 2:14:22 And keep slinging dick.