17 Burst results for "12 Words"

"12 words" Discussed on The Café Bitcoin Podcast

The Café Bitcoin Podcast

05:36 min | 2 weeks ago

"12 words" Discussed on The Café Bitcoin Podcast

"And have the contract signed up, agree on a Bitcoin address. You send and send sets to these address and then wait a real estate agent to receive the confirmations and receive the Bitcoin. And the transaction would be done. Well, if you want to buy a car, you would go to the car dealer, have the contract, the Bitcoin addresses on the contract, you sense, that tells you, okay, this is the place where we need to receive. And yeah, move the move to sets over. So cool, thank you. Jumping in, too. I think were you getting to the quick question of how to shift using different software with the same hardware wallet. Yeah, we're really any hardware while it because I'm trying to onboard as many friends as possible and I tell them that there's no third party and then when I tell them like, how do you get a seed phrase? I'm like, well, you get either a ledger or a cold card and it's like, now you're introducing technically a company, even though some of these companies have open-source software. So I'm just trying to get them to understand that no third party, but they still need this device and then eventually in the future, how do you move from that device to be able to fit? Gotcha. Yeah, so I mean, it just comes down to, I guess, either for yourself or for your Friends, you have to teach them this idea that the keys are portable and they could be transported across different devices even that you could even take the same 12 word out of a cold garden, put them into some other device, and it will still generate the same tease, and you could view the same coins in different wallets. So for example, you might start with ledger live, which is the default logistic stuff. And then later you want to move and use Specter as an example, right? So I guess it's just about explaining that point. So they can upgrade their sovereignty over time. Thank you.

"12 words" Discussed on Bitcoin Magazine Podcast

Bitcoin Magazine Podcast

05:27 min | 2 months ago

"12 words" Discussed on Bitcoin Magazine Podcast

"And beginning to adopt it and engage it in their own life. That search has been emboldened. And they feel like, and not only because, you know, everyone's much more of a sovereign individual and the wealth can't be taken from them and that whole stick. But I think the attempt to understand Bitcoin. You know, we understand everything in relation to other things, right? And the attempt to understand Bitcoin leads you, I mean, that's why we call it a rabbit hole, because it's like, okay, well, I'll investigate the economic realm. See what pops up in my mind as a result of that investigation. Oh, interesting. Okay, I have a better grasp for a context for it. Now, I can place it better. All right, well, what about in the social domain? Seems to be having an impact there. Okay, you go down that rabbit hole. You try to place it. Well, what about the personal? The individual domain. What about the metaphysical or the religious or the philosophical? What about in the and you keep doing that? And that's just, it's kind of like a mind expanding process because you keep reaching. You keep reaching out into the world. And all of us, it seems to be just looking for areas that of knowledge or insight or wisdom or information generally that will help us contextualize this thing and understand it. And I think there's a type of faith there, which is we believe that the more we understand it, the more we'll be able to invite, you know, it's generative effects or the good that it represents or its capacity for enabling us to experience good will it allow us to bring more of that into our lives. And so that's why we continue on that journey. Because you could ask the question, why do we do it? Like, okay, get you 12 words by Bitcoin, lock it away. Bob's your uncle. You don't have to worry about it again. But that's not really the case for a lot of people. It's something it seems like it's something altogether novel, and it's requiring this just relentless search of all the intellectual space of human history. It's sometimes seems to try

Bob
"12 words" Discussed on Bitcoin Audible

Bitcoin Audible

05:25 min | 2 months ago

"12 words" Discussed on Bitcoin Audible

"Very often, simple is best. And as difficult as it is, being uniform. So that you're using the same process every single time. So that you don't have to remember multiple processes and you have one system. Trust me, I know how hard that can be, particularly when you feel like all of your systems might be insufficient and you're still learning the processes and all this stuff. And I know that's why all of this feels really intimidating. And I don't mean to share a horror story, but it's something to think about what we need is literacy of this. We need computer security and password and identity management. Literacy. We don't have it. But one good thing, another thing that I wanted to mention specifically is if you have a hard time coming up with randomly generated passwords or I guess maybe memorizing randomly generated passwords and like having them with a password manager, use a password manager that has an offsite backup that you can get too easily. And use a pass a passphrase to protect the password manager that has 6 words, 12 words, like treat it like a Bitcoin seed, and this is actually one of the things that's got me so excited about slash tags is it kind of removes that. You don't have usernames and passwords for anybody who supports slash tags. You just have an ID that has a 12 word seed, and you can just log in to all of the websites. By just signing. So you don't have usernames and password with websites, and they're no longer a point of failure, all that good stuff. But different conversation for a different day. But you can use that process and that entropy. It's really easy to memorize 6 words. And 6 words in the word database for bit 48 randomly generated, super easy to memorize 6 words, and that's 2048 to the 6th power.

"12 words" Discussed on Bitcoin Audible

Bitcoin Audible

03:29 min | 2 months ago

"12 words" Discussed on Bitcoin Audible

"Metal seed phrase and backup things are actually really important. I think that is the failure mode. And I have a couple of them and also also this is I would never rely on this as a permanent backup, but memorizing 12 words, memorizing 24 words, not that hard. If you try to memorize like your cold storage seed phrases and then refresh it, every couple of weeks, if you had one of these disaster scenarios and you could not, you did not have a backup. You might not

"12 words" Discussed on The Café Bitcoin Podcast

The Café Bitcoin Podcast

03:05 min | 3 months ago

"12 words" Discussed on The Café Bitcoin Podcast

"But I don't know what's going to happen on a macro level. I think predicting that it's like almost impossible. But what I can tell you and I think what makes me as an individual extremely optimistic is that if my wealth is in Bitcoin, my family's future, my future is protected because I can go where I'm treated best. If it means picking up and leaving and taking everything with me, I can only by writing down 12 words or 24 words. And I think that by itself is going to radically change the world because what I think governments are doing today is I think that they have a lot of their citizens hostage and they force their citizens to use money that skills from them. And perhaps in the United States, it's not quite noticeable because the inflation rate is only two to 4%. You know, it got all the way up to 7%. But if you live in Argentina where that inflation rate is 92%, man, Bitcoin isn't a speculation for you. Bitcoin is survival. You know, those people already understand what it means to live in a country where their government currency failed, right? So that's what I'm bullish on, man. I'm bullish on individuals. I'm bullish on central and Latin America. I'm bullish on bullish on what's going on over there in the United States. We shall see, I'm going to fight like hell. I love my country. I'm a first generation immigrant. I love not what the American government stands for, but with the original vision of America stood for and I love it and I'm going to fight for it. I'm going to stay here till the very bitter end. But, you know, if it comes to being thrown in a gulag, because I'm writing 12 words or taking uprooting my life and my family's life and moving to El Salvador, then so be it. Obviously, I don't want to do that. I want to fight and I want to win the race of adoption. Get the ideals of Bitcoin into the mainstream consciousness of America so that we could avoid that fucking war altogether, you know? And I think that's what I try to do every single day. And you know, that's what swan tries to do every single day. And that's what all bitcoiners try to do every single day. We fight this. We fight this information war, the psychological warfare that's happening every single day. It's trench warfare on the battlegrounds of the Internet, man. And I think we're going to win. I think Bitcoin's incentives are going to be any type of coercion that they try to jump that they try to throw at us. Anyways, I'm sorry for ranting a little bit. It's just a very passionate, passionate topic for me. I love your quote unquote rants. I think they're just, to me, they just come across passionate and well thought out. I am. Just to think back and answer Lee's question maybe a little bit differently. Thanks to session. It would be very hostile. That's a totally different ball game. That would be on the brink of Civil War.

America Bitcoin Argentina American government Latin America El Salvador swan Lee
"12 words" Discussed on Simply Bitcoin

Simply Bitcoin

05:48 min | 4 months ago

"12 words" Discussed on Simply Bitcoin

"A lot of words and it's like, wow, it's very well articulated. Sounds nice. Robust risk management controls. I got this crazy idea. Super nuts, right? Stop trusting other people with your money. Solves all of this. And I think that's the key here. I think that's really the key takeaway, whether it's the noise slash signal of the iPhone co creator, creating a hardware wallet. This public letter by silvergate, it was there was a lot of speculation in the last couple of weeks that silvergate was going to be the next thing to fall, right? So this is like trying to cool everything. And then we're going to get into the giant cluster fuck, which is Gemini urn, right? And then you have FTX, you have Celsius. You have so many examples of why you should stop trusting other people with your money, especially now that you have the technology to not have to do that. You write down 12 words, 24 words. And you could store millions, billions, theoretically, trillions of dollars with that. You could memorize it if you're in a pickle. I don't recommend that, but if you're in a pickle, right? And that empowers you, but only if you do that, right? And I think that's really the message. Anyways, here are a couple of the components a couple of the highlights, right? We take risk management and compliance extremely seriously. That's why they were doing business with FTX, right? We conducted extensive due diligence on FTX and almeida research. We have a resistant balance sheet and ample liquidity. That might be true, but how many times have you heard that? How many times have you heard that in on? How many times? We've been here before. So what's the definition of insanity? Trying the same thing and expecting different results. Humanity has been making this mistake, really. I think the first really good example was the bank runs of the 1930s after the 1929 crash that led to The Great Depression. Everybody went to their bank, tried to take out money, right? And then it led to because everybody got spooked, right?

almeida Depression
"12 words" Discussed on Simply Bitcoin

Simply Bitcoin

05:07 min | 4 months ago

"12 words" Discussed on Simply Bitcoin

"All right guys, you already know this is the main review tweets are the bullet to memes are the artillery in this information Warner. You guys are the frontline soldiers continued to spread that Bitcoin signal continue to get the cause of action continue to push the truth so that the normies out there understand what's going on. And of course drop your meme review score in the chat once we're done so that we can review your score on the show. Anyways, this first one, it's a play on one that we did yesterday. I really liked this format. Shouts out corn Delorean, and he goes, withdraw your Bitcoin from exchanges. And we got a weathered, a broken NPC, and he goes, stop giving me your toughest battle. And then we got the Chad Jesus goes, it's literally just 12 words, my guy. It's 12 words. It can be that much simpler. If I can do it, you can do it. Anyways, again, we're doing a little victory lap on Twitter. So you love to see it. This is an old meme. And this is spirit of naked eye and he goes, damn, does it feel good to be vindicated? And we got a Pepe Pope or Pepe monk. I don't even know what you'd call him. He goes, mean Bitcoin maxis, and we got the wreck shit cleaners. And he goes, everything other than Bitcoin is a scam. This is a message that apparently even Google trends is learning for itself. There's Bitcoin and there's shitcoin. And then shouts out to our boy RD Bitcoin. RDB TC on Twitter and he goes, if you don't withdraw from the exchange, you may as well not bother to be honest. Bitcoin, not your keys, not your coin, and I don't know what cartoon this is, but you've got a paper and it goes paper Bitcoin. Wow. This is worth Liz. Guys, if you do not self custody or Bitcoin, if you do not take Bitcoin into a wallet that you control, you might as well not even own Bitcoin. You actually don't own Bitcoin in my opinion. Anyways, we did this essentially the same meme earlier in the week, but need creations did a nice iteration on it. And I think this is even further proof and further illustration of what we keep trying to tell you guys, but a picture paints a thousand words. Anyways, you guys, once you see it, there's no turning back. Hashtag Bitcoin. We've got two circles and the perception is that Bitcoin is just a small fraction of crypto. And then there's Fiat. But in reality, there is Bitcoin. And crypto scams are just Fiat recreations on blockchain. Bitcoin. Saving Bitcoin. This one, this next meme, again, sometimes I like to take people screenshots and basically force them as memes. This one is Pete Rizzo. He does great job on Twitter. And he goes, Bitcoin price at the time of this tweet was 25 cents. And I know you guys are hearing this right now. I know this FTX stuff is bringing these old old FUD lines back in the news and got this guy critic how check the date

corn Delorean Pepe Pope Pepe monk Bitcoin maxis Warner Twitter Bitcoin Liz Fiat Google Pete Rizzo
"12 words" Discussed on Bitcoin Audible

Bitcoin Audible

04:33 min | 8 months ago

"12 words" Discussed on Bitcoin Audible

"And payment services, and were not deplatformed from anything in particular, why would you spend bitcoins on anything? If the number of dollars keeps increasing every year, but bitcoins have a hard supply cap at 21 million coins. Why would you want to give up your bitcoins to others? Unless you've been holding Bitcoin so long that it has become a meaningful share of your net worth, or you actively work in the industry and potentially even get paid in Bitcoin, you probably wouldn't. This problem is then magnified by the fact that bitcoins have ten minute average confirmation times. Bitcoin cash coins have ten minute average confirmation times and even litecoins and dogecoins, which are meant to be faster, have 2.5 minute and one minute average confirmation times respectively, which is still too slow for convenient in person transactions. The process is longer if you want to wait for a number of confirmation times to reduce the probability that the transaction will be reversed. These are crappy things to buy coffee with in that form. It's like trying to buy coffee with a wire transfer. No thanks. That's what Mastercard is for. There are circumstances where the Bitcoin network's base layer payment options are ideal as a medium of exchange. But to try to force it in a situation where it is not ideal doesn't make sense. As I described in my, what is money anyway article? Bitcoin base layer payments are tank like, censorship resistant payments. Owning Bitcoin represents the stored up ability to make censorship resistant, global payments in the future, and or to portably bring wealth around the world even by just memorizing 12 words or holding a private key somewhere on your physical person or in your digital files. This transaction problem is then further compounded by the fact that every cryptocurrency transaction is a taxable event. Governments don't want other monies to compete with theirs if they can help it. And so they view your bitcoins

Bitcoin network Mastercard Bitcoin
"12 words" Discussed on Bitcoin Audible

Bitcoin Audible

04:13 min | 9 months ago

"12 words" Discussed on Bitcoin Audible

"Just by memorizing a 12 word seed phrase. Whether the Bitcoin network ultimately succeeds or fails in the long run. This global distributed ledger backed up by proof of work is clearly a form of money, and one that is worth And we have done it. We've gotten through what is money anyway, just just an incredible piece. She should publish this as a small book because this really was a incredibly thorough breakdown of so many of the concepts that we've talked about, I mean, obviously money is the topic. As I said in the first guy's take on part one of this, this is the rabbit hole to understanding what Bitcoin is. And I also like her perspective because she's not, she's not like die hard, she's not die hard Bitcoin like I am. She has a very sort of risk assessment. I'm investment analyst sort of perspective. So if she sees Bitcoin as a thing among all of the options and I really appreciate that perspective, just because I can, you know, it kind of gives you a view of kind of looking from outside because I am, I am all Bitcoin now. So I think of I just compare everything else to Bitcoin. So it's good to kind of have like a baseline of just kind of like looking at everything as players in a field, so to speak. Maybe if that's kind of the analogy for it. But there's a lot of things that I saved from part two and part three. So we will have an it'll be an unofficial response to this or guys take section to this entire piece. But it will be a stand-alone guys taken. It would just be about money. I'll just be referencing this a lot because there's just so many great ideas to dig into. And I think this ties in so well with a lot of the stuff we talked about

ledger Bitcoin
"12 words" Discussed on Kwik Brain with Jim Kwik

Kwik Brain with Jim Kwik

07:51 min | 9 months ago

"12 words" Discussed on Kwik Brain with Jim Kwik

"The most costly words in life and definitely a business or I forgot. I forgot to do it. I forgot to bring it. I forgot that conversation. I forgot that meeting. I forgot what I was going to say. I forgot that person's name. Every single time we have these thoughts, we lose time, we could lose productivity. We could lose a sale, and we could lose a lot of our wealth. You see the headlines, where people have forgotten, their seed phrase, and they've lost millions of dollars. And that's the cost of forgetting something. So what can you do? And so I'm going to walk you through an exercise, and even if you don't need to memorize a seed phrase or a password at the moment, do this exercise with me because this is mental training. Your memory is use it or lose it. There is no such thing as a good or bad memory. There's a trained memory and an untrained memory. So let's get training. This is going to be great mental exercise. I'm going to give you 12 words to be able to memorize. Now, when we're talking about a seed phrase for your wallet, they have to be done in a very specific order, right? Because the syntax or the sequence makes a difference. Because you could have the right words, but if you reverse them, you're not going to get the same result. Obviously, it's not going to open, just like a safe one open, even if you get the same numbers and they were misplaced or maybe you have phone number, even in have to have the same digits if some of those digits are rearranged, you're not going to get to the person you need to. And so the syntax of the order is very, very important. The sequence. So I'm going to go through this and give you 12 words that could be your seed phrase. Now, even if you don't need to memorize it again, do this exercise with me because it's great mental training for your imagination for your focus, your creativity, and of course your memory. So are you ready? First, I'm going to test you. I'm going to give you the 12 words and do the best you can to memorize it. Please don't write these down, but let's see how many you can remember right off the bat. Okay? So we'll just make up random words. Number one is capital. And number two is notebook. Number three is pilot. The fourth word will be monkey. After that, you have laser. So imagine just imagine you need to remember the word laser. And then moon. Like the moon and the nighttime sky. Fantastic. And then I want you to remember shoe. And then from shoe, remember the word circus. Then after circus, tennis, and after tennis, cigar, panther, and piano. All right, I should probably be memorizing these along with you also. These are 12 words. Now, what I want you to do is take a moment, pause this, and write down as many as you can recall. Okay. How do we do? How is your memory? Did you get all 12? Probably not 11, ten, how many people got 8 or less? And you're really proud of it also as well. Well, let me show you a fun technique. If you've gone through our quick recall course, which is our 30 day program on how to really multiply your memory, become a memory master. Then you know many different tools to memorize this and you probably got all of them and you can do it forwards and backwards. You could use the peg method. You could use a method like the memory palace. In this one, what I'm going to do is share with you a process called chain linking. And chain linking is kind of like imagine the links of a chain. The chain is connected with these links, and that's how your memory works. One thing where my dream of another thing, which will remind you of another thing. So let's do this actually. I want you to think about the first word, and that word is capital. And what you want to do is see it vividly in your mind's eye. Imagine a capital or a capital building where whatever country you live in. And from there, I want you to imagine the capital is shrinking down, so it's on the cover of the second word, which is notebook. So imagine, and when you seeing this, I want you to see the notebook. What does it made of? What color is your notebook? And even if you can't imagine it, just feel it like it's there. Fantastic. And who's reading the notebook is a third word, which is pilot. I want you to imagine a pilot on a plane, reading this notebook with a capital on it. Now, if something interesting is the pilot has a co-pilot and that co-pilot happens to be a monkey and that your next word. So I want you to imagine monkey that your fourth word, how big is the monkey? What kind of expression does the monkey have on, what colors the monkey? If you want to make it even more memorable, you know, make it make it a purple monkey maybe. This monkey has a superpower. It's power is it could shoot lasers from its eyes. And that's actually the next word. The 5th word laser coming out of the monkey's eye. And it's going, and it's hitting the moon. So imagine the laser hitting the moon. And it sounds so ludicrous. It's so childish, but who are the fastest learners? Children, right? They're very playful. They use their creativity imagination. And the laser hits the moon and what comes out, the moon splits open and out comes a gigantic shoe. I want you to see the shoe. Notice what color the shoe is. In fact, so vividly what brand what kind of what's the brand of shoe? All right, gigantic shoe. And that would never happen. That's what makes it stand out. It becomes unforgettable. And the shoe floats back onto the earth, and it lands in what the next word, which is circus. Imagine the circus, the tent, and there's all these animals all over and clowns, a big circus. And what's different about this circus is there's a big tennis match. And during this big competition, you see the umpire and the umpire is smoking what? A cigar, right? Cigar and cigar is your tenth word. And smoking the cigar, smoke, everywhere. And it's annoying a lot of people. And a gigantic animal comes out from the audience and it grabs the cigar and that animal is a panther. Imagine a panther going and putting its teeth around the cigar, running into the corner and deep animal, the panther starts playing the piano. Imagine what it's playing. What song is it playing? Now that was a very simple story, right? I like to call the chain linking the story method where in order to remember something better, you could turn it into a story because before there were printing presses before there were computers. How did we remember things? Through stories, we would talk Mattel parables and we'd tell stories around a campfire and that's a wonderful way to be able to recall information quickly and long term. So do you remember the story? Do you remember the 12 words?.

tennis Mattel
"12 words" Discussed on News Radio 920 AM

News Radio 920 AM

02:35 min | 1 year ago

"12 words" Discussed on News Radio 920 AM

"You conduce you We won't get into that. Just the keyboards. All you have to do, Detective. Dr Cho. By the way, I have been using it considerably, and there is such a difference between searching. Of just putting in, you know, 12 words and seeing what you get for results in Google and then seeing what you get for results in duck, duck. Oh, duck, duck. Go doesn't use politics, which is great. No. Yeah, it's it is very, very good. There's another one You might want to look at. It's called Quanta Q. W A NT But I prefer Doc Taco. Wow. Right. This has been as usual. Illuminating. Fascinating. How goes the recuperation of your lovely bride? It's going quite well. She's very frustrated. I would be right. Yeah, she can't do anything you know, and she's just sitting there. But thank goodness we have one of these chairs that even even eject you, which helped initially, But now she's starting to get a little itchy and wanting to get up and go around and do things which is a really good sign. So that's good. Yeah, well, it was the femur, right? You're leaving the humorous. That was funny, Bone, the big bone in your arm. You know home. I thought it was a ball. Yeah, there's a ball ball was split completely into two seasons. It was looking at the cat scan. It's just incredible. It was such a massive for the pop of her arm ended up and down in her arm picks, and it was very painful. Yeah, I thought it was the like, I'm sorry, but I'm glad to hear she's doing better. I'm sure she's gonna have trouble going through a metal detector for the rest of her life. So, Yeah, so anyway, we'll give her our best. And Craig. How do folks get in touch with you? Okay, So I'm going to send out information on this keyboard trick, and it's simple trick, right? It's like a marketing line once a contract, But it really is. I'm going to send it out on this weekend as part of my newsletter like I do every.

Craig 12 words Google two seasons one Cho Doc Taco these chairs Q. W A Bone Quanta
"12 words" Discussed on 710 WOR

710 WOR

06:32 min | 2 years ago

"12 words" Discussed on 710 WOR

"Appeal the Bitcoin as a financial guy is the decentralization of finance and that you don't need banks. You don't need block fi. You don't need Jim and I. You don't need coin base to me. Coin based gem in they're all really cool. Don't get me wrong. And I think they will be necessary sort of how Microsoft was necessary and You know, whatever Priceline and Amazon before we go to this new round of the Internet, you know yet like Internet one point our Internet to point out Coined based Gemini Block five those sort of traditional outlets. Will be necessary as we convert to sort of the Internet of money. But What? What I find pretty compelling to is the opportunities like a strike app where you can have the app. I can never happen and we can displace, Let's say a Western union, making them obsolete. With our own Bitcoin that we control, So I think some invention will make this easy to control it in your own wallet. But so that we don't lose people here. Break it down. Simply. Both the online storage with a coin base or an offline where you hold it yourself with the seed phrases. People, you know what Seed phrases are the average person. So if you could break that down mark because you're so clear again, not to go too deep into the technical weeds, but But at the end of the day, uh, digital assets right exist in the in the digital world, and therefore you have to have a means. For, you know, storing and retrieving them and Blockchain technology is really pretty simple, right? It's a ledger. And you know, we've got ledgers for thousands of years, right? We had a piras and we had clay tablets. And then it went to the Green Ledger paper that we all grew up with accounting class. Then we went to spread sheets, and today we have we have Blockchain and I'll block changes that basically takes in a in a digital form, a serious of transactions and over a 10 minute period called a block. It takes all those transactions, writes them down on this this digital ledger and then appends that block to the chain of previous blocks. Every 10 minutes secures that innit, immutable fashion, meaning it can never change. It is a permanent record. And that that system is secured by what are called miners. I mean that that's an unfortunate term to the actual, Don't dig stuff out of the ground. They don't wear little hats with lights. Mining is simply a data center, right In the old days. You had a data center, right? You buy computers. You plug them in, You pay for the power, and then you had to go find customers like aws or as you or whatever. And they would rent your computers that was a data center. Modern data Data Center are minors. So you take the computer's still buy computers a different kind of computer, A GPU instead of a CPU graphics processing unit and that computer then doesn't you have to go find customers? Like Amazon or or Microsoft. You basically rent your computing power to the network, and the network uses that computing power to secure This chain of blocks this block chain. So now we've got our record in in the block that says Josh has a Bitcoin mark as a Bitcoin. Okay, great. Now how do I know where it is? Well, I have to have a identifier. And that is this thing that we talked about is a seed phrase, right? That is a A wallet. Okay, like you would think of a wallet, but it's a digital wallet mean exist. In digital form, and they are identifiable and all of this goes back and got you two to technical. But all this goes back to cryptography. Crypto right is Charlie Munger said. I don't like any word. I don't like anything that has the word crypt in it. At my age. This has nothing to do with Crips that has to do with cryptography Bloods and the Crips. Yeah. You have to do with security. And so if we think about, uh, cryptography, there's something called a public key and a private key. Any public key is the address. It's a long string of letters. That is where your asset is stored on the Blockchain. So that public key, right is string of 24 letter. And anyone can know that because if even if you congratulatory that location on the chain, you can't get to it because you don't have the private key. The private key. Is secured by this seed phrase, and it's a serious of 12 words. And those 12 words are unique to you or me. And when you match that private key with the public key we can decrypt are unknown. We can reverse the cryptography and we can see What we have secured on the block change, so that is a little bit complicated, and that's a process that the average person just doesn't want to deal with. So like, you know what I'm gonna let coin base or block fi or or whoever or Gemini I'm a let them be my custody in the same way we might let Fidelity br custodian in the electronic world. There's nothing wrong with that. But there are people who say no, I don't want to pay a custodian. I want to deal with owning my assets. So I'm going to get a a storage device. Now that storage device could be Your phone, right? You could put it a wallet on your phone. Now. The problem with putting the wallow in your phone is your phone can be hacked. And you could lose your digital assets. And the way to think about security in this world is the same way we think about money. Right. How much money has been stolen from the Federal Reserve? $0. How about Bank of America's Home office in New York $0. How Bank of America's El Paso Texas branch. More than $0..

Charlie Munger Amazon Microsoft Bank of America Federal Reserve $0 Jim New York 12 words Priceline Josh More than $0 Western union two thousands of years 24 letter Fidelity today Both Bitcoin
"12 words" Discussed on KOMO

KOMO

01:43 min | 2 years ago

"12 words" Discussed on KOMO

"Seattle got a strong start by goalkeeper Stephan Cleveland filling in for the injured Stefan Frei. And the Sounders with 16 points, which leads all of Major League soccer and the N C, a A announcing 20 potential host sites for the early rounds of the postseason baseball tournament. Gonzaga is listed as one of those 20 possible sites. The Listen, repaired to 16 at the end of the month sports instead of 40 past each hour, Tom up there. Come on news Go on, Whose time a 12 word this past hour that a Florida politician who emerged as a central figure in the Justice Department sex trafficking investigation into representative Mad. Gates has pleaded guilty to six federal charges and agreed to cooperate with prosecutors is part of a plea deal. Old Greenberg is a longtime associate of Gates. Now. Gates was not mentioned in the plea agreement or during the court hearing this morning, new court filings, Greenberg admits he paid a 17 year old for sex and quote introduced the minor toe. Other adult men who engaged in commercial sex acts. He makes no mention of gates. But as part of his plea deal, Greenberg has agreed to cooperate with federal investigators, which could spell trouble for the congressman. Sources CELL ABC For months, the Justice Department has been looking into whether Greenberg and Gates paid women who were allegedly recruited online cash and other things of value for sex and travel back on Capitol Hill. Gates, an ally of the former president, is already facing a bipartisan investigation by the House Ethics Committee. Examining allegations of sexual misconduct elicit drug use and whether Gates shared inappropriate images or videos on the House floor with the Florida congressman is unfazed by it all. Has repeatedly denied any wrongdoing. Even joking about the allegations. I'm a canceled man in.

Stefan Frei House Ethics Committee Stephan Cleveland 16 points Capitol Hill 16 Justice Department Greenberg Tom Seattle 12 word six federal charges Gonzaga 20 possible sites 40 Florida Major League Mad Sounders 20 potential host sites
"12 words" Discussed on WLS-AM 890

WLS-AM 890

06:09 min | 2 years ago

"12 words" Discussed on WLS-AM 890

"Call here on the wreck. Element Show off the New Mexico. Patrick is with us. Welcome to the show. Patrick, How can I help you? Yeah, There was a call a couple of weeks ago where a lady had a variable annuity. She wasn't Real happy was and she didn't know what to do with it to get out of it, so it or do something else with it right? And you recommended she sell it. But you didn't ask how much taxable gain was in that variable annuity. And I thought you should have should have asked that because kind of flies in my case, too. So tell me about your case. Well, I've got a Couple of variable annuities. I've actually done fairly well. The expenses are probably the lowest in the business. And there's a hell of a lot of games. Oh, excuse me. I shouldn't have said that. There's a lot of gain and that's okay. So tell me how much money did you invest in these annuities originally altogether? 65,000 What are they worth today? Uh, haven't looked today because the market was up yesterday, so it's close to 400,000, both of them combined. Good for you. And the expenses in your annuities are very low. Good for you. That was not her case. Of course, you're satisfied with the performance. Obviously, you're satisfied with the investments within those annuities and the growth of those investments. So so you're happy with your investment chess? Well, if I had it to do over again, I wouldn't just put him in taxable mutual funds. But I why don't have a time machine. Well, why do you say that? Because at the same time I invested in a sonorities. Invested 20 $20,000. In taxable mutual funds and They're now worth about 200,000. So in other words, you've got a 10 X return on the mutual funds, but you've only got about a seven X Return on the annuities, and that is my point, Patrick. That's why I told her to sell because she was very unhappy with the performance of her annuities. She was dealing with a notice that we're very expensive and she wanted to put a stop to all of that. As I could say to you, you don't have to rewind the clock in the time machine, but you can put a stop to the problem. In other words, you're going to sell the annuities at some point or other And when you do, you're going to pay the tax. Well, you might as well pay the tax now so that you can move the money into better performing investments now at a lower future tax now Depends on how long I'm gonna hold it. No, it doesn't know it doesn't make any difference at all. You're going to hold it on Lee Forest long as his prudent to hold it, and it is not prudent to continue holding it when you acknowledge they're not earning as much money and you're incurring attacks that is potentially twice as high. I don't see the point. Well, the only reason you don't want to sell is that you don't want to pay the taxes that you'll incur from selling right. All right? Yeah, sure. Well, you're going to pay the tax sooner or later. The sooner you pay the tax, the lower the tax burden is going to be. So what would I? You're talking out of both sides. Your mouth. Yeah, well, isn't isn't there stepped up basis on variable annuity? No. Uh yeah. You know what you need to do? You just have to go around and do it. Yeah. Okay. Well, thank you very much. Patrick. I'm really glad you called. Thank you so much. That was Patrick in New Mexico. Here on the Rick Adelman show. You have a question. Call me like he did. Triple eight plan Rick. That set off the Woodbridge, Virginia. Here on the wreck, Gentleman show And so I had a Tammy. Hello, Tammy. How are you? Hello, Rick. I am wonderful. How can I help you? I have a big coin and an account and I forgot my password. Well, and I have a 12 word new monarch. Password to help me create a new wallet. But when I typed the words into Blockchain and then also have an email from black change, saying this is how to restore your wallet if you forget your password. Isn't allowing me to put the passwords in there, so I don't know who to call from black chain and I can't seem to chat with anyone on the block chain site. Oh, my goodness s. Oh, there are two separate issues here. One is the 12 word code. That's the private key. They provide to you that gives you access to your Bitcoin. Separate is the online access to the site itself s O. They are related but distinct issues. You need to contact the company that you've opened. The account with many of these organizations are understaffed, have very limited. Customer service, functionality, most or an automated operation. But you need to do your best to penetrate their barriers in order to reach a human being who can assist you with this. There are a great many exchanges on online sites. APS that air downloadable to your phone that are shoestring budgets, not well funded, minimally operating And there everything's fine when everything is fine, But when something does go wrong, it could be a real Pandora's box, trying to resolve it. Other more established organizations exist. Qualified custodians in particular, are the way we recommend that if people are going to pursue this, that that you focus on because they have been granted their licenses from either the federal government or the states. And qualified custodians tend to be more robust..

yesterday 65,000 Patrick Rick today 12 word both Woodbridge, Virginia Pandora New Mexico One both sides about 200,000 20 $20,000 couple of weeks ago twice Tammy Rick Adelman Triple eight plan 10 X return
"12 words" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

08:17 min | 2 years ago

"12 words" Discussed on WNYC 93.9 FM

"Word, Sir Colin's routine, which will be 50 years old next year is still pretty well known even by many in younger generations, because it's still resonates today, right? It's funny because seven words Seemingly random holds that much power but maybe because of inflation since 1972, a new book, cites nine. So joining me now is John McWhorter, Columbia University linguistics professor. Most of the lexicon Valley podcast at Slate and often now off nine nasty words English in the gutter. Then now and forever, John. Always good to have you on Welcome back to W N. Y. C. Thanks for having me Brian and I should say that it's actually 9 12 work nine. Nasty cook. The liberation is cute, but really 12 words. So you get three extra Well, why nine or 12 Metro? I understood what you just said. But why that many and not George Carlin, seven. Well, you know, For one thing these days, we now process slurs in the way that a naive anthropologist would think of as profanity. And so Carlin didn't mention words that he would have thought of it slower, such as the N word, But our take on the N word now is the same as an ordinary person to take on the F word 100 years ago or even 50 years ago, so we needed And there was also some pruning. You know, a couple of the words that he used. I figured we're not really useful for today, but the result is Nine main words, but really in total 12 that are are words that we single out and put in a different room. Well, before we get into some of the words in your book that we cannot say on the radio, let's get into two words out of your nine or 12 that we can, and those are damn and hell, and they were not on George Carlin's list. But you write that they are English is first bad Words. How come Yeah, they're the first ones and they're not really profane today and I thought about leaving them out of the book. But the truth is that if you're asked one of the bad words spontaneously, just like if somebody says name some fruits You might say apples and pears, although usually apples and pears or not Most people's favorite fruit, But you, you have to say them first. Damn and hell are like that, too. They're on the list, and it's because profanity evolves and for anglophones, the first profanity was blasphemy against God and Jesus and related concepts. Then things moved on to the body. And I think now things have moved on. Slurs but to have a narrative arc in the book and to describe what profanity is. We have to start with something like what profanity was in the beginning. What was it? Well, you you talk Well, let's talk about some of the history you read. Curses are words that have long ago ceased being themselves. Having been vested with the power of transgression. They may have emerged as ordinary words. But over time they have made their way from our left Raines to our right. So what's an example of that? And I know you'll be discreet. I'm still And so, for example, if you say what the F What exactly is that F word in terms of grammar? What part of speech would you consider it to be? And if we know what s is as a basic concept, What does it have to do with the What? The effing that you're uttering there. It makes no sense whatsoever, And that's because there's a difference. Between the word and that's something generated in the left brain and most people that's just ordinary vanilla language and then an eruption which comes out of the right brain. And is a gesture in the form of a word. They're all sorts of things you can do with language. So when you say what the f you're not using the word In that sense, it's really it's a transgressive gesture that happens to have the garb of what started out as a word that referred to something specific. So we have these words that we think of his odd because their words that were not allowed to use in that Carlin epic sense. We figure why have the word for some reason you can't use it and you're gonna put it down in the basement? But the thing is, in a way these things are words. Their gestures. It's the way that we transgress when we're using language as opposed to our fists or you know what clothes we put on or something like that. So it's an interesting collection of words because it's words that have really become something else. And you write that yelling out a bad word is related to the instinct that we have when we're running from danger, right? Yeah. Or it's when you know how when you're a kid, and sometimes even when you're 55 you stub your toe on a door and then you kick the door back. Kind of like you want to get back at that door because that's the way that you blow off steam. That's what cursing can be to something hurts you. Something bothers you. And the way that you respond to it is to try to bother the world around you by breaking a rule that something that it's a normal human response. And any language has ways to do that. The question is just which words or what kind of grammatical constructions how the language is gonna allow you to do that. And from the school of Deep Linguistic et nous. I see in your set up to your discussion of the F word that English is. Vocabulary consists of two main layers that the starting of words tend to come from French and Latin, while the earthier ones are original English root stock. What is that? Well, that's just that generally with these words, you know they're they're exceptions, but for the most part, you can assume that they're going to come from, you know the lower layers of the language, the earth. The words that are the original stuck French lent us. For example. Pork, as opposed to pick which is from English. French is beef. Cow is English. French hovers over a lot of the words that we use now are friends, sometimes most of the words that we use in a sentence or from French, but it tends to be word like art. And pleasure and soldier, these air artifices. These are things that are above as opposed to work like and at the end, brother and mother and then most of our profane words are those original barnyard sort of works. And historically right that after the 15 hundreds, that word that rhymes with duck is rarely printed, except accepting code or religion, elation and eventually appears and no dictionary from 17 95 to 1965 that is, from the dawn of the American nation to Bob Dylan playing electric guitar. Is how you cite those book ends. So did you really check that many dictionaries for the word and and what happened in 1966? I didn't check all of them. But then so often said that I trust my my forebears. And the truth is that as America became a less formal society, our attitude towards those curse words that referred to the body. Started to change and formal, more rave and FCC rules have had a way of lagging behind the mundane reality. But yeah, that F word is interesting in that at first, there's a time when it's not profane. It's just salting and they're people who actually have it in their ordinary names. I wish I could say on the air, but, well, you have to read the book to find out, but people were walking around with that in their names. They were they were Rose, where you know people would go to. So it's a get acquainted, and they were actually formally named with that that was considered ordinary. Then the word becomes profane. And it starts getting, you know, evermore euthanized, and after a while, it just kind of disappears. We can be pretty sure that it was in old English. It's not a tested in the corpus of old English, but I would I am almost certain that if you yelled out that word in old England, people would know what you were saying, especially if you pronounced it right. But even in that corpus, it's never written because everything is just so formal. In most of written old English. And yet here we are today, and it's a word that I can certainly say I probably use a couple dozen times a day. And I'm a pretty starchy, buttoned up kind of person. Things have changed their other words that I would never use..

John McWhorter Bob Dylan George Carlin 1966 Brian 12 words John 12 1965 Jesus Colin Columbia University 1972 17 95 next year Carlin England FCC first 50 years ago
"12 words" Discussed on WBAP 820AM

WBAP 820AM

04:48 min | 2 years ago

"12 words" Discussed on WBAP 820AM

"Had a low quality tequila shot in the next day, You woke up in a bathtub full lights with a kidney missing. But the reality is that tequila has gotten better. People are using 100% of Gavi. They're using distillation process. Is there actually like quality steps taken to make? Good tasting tequila. So I think the rise of great brands is a reflection of why you're seeing so much consumption and not to mention the celebrity endorsement behind a lot of these brands. The tequila is I'm not going to recommend. Have you recommended? Hell, I bet you can't do that. But Yeah, There's so many to choose their I mean, you go into a liquor store, there's two kg remember where in fact? I bought a bottle. Not too long ago. I didn't like it imported out. But you like the bottle. He just didn't like what was in it. So you like the marketing. They got you with the marketing. You know, they become like the work bottle. Of course you bought it now. The warm in the bomb. Let's go there. The worm in the bottom of everything. The worm. Of course, you know you got to do that, as like a rite of passage, but a lot of the time that's in, like, really crappy tequila, right? Yeah, on a, um, The worm in the bottle was there to show you that it's so strong and potent that a warm can't even live in it. Um, pretty gnarly if you think about it, But when you're when you're shot when you had gnarly indeed, my friend, um, when you're shopping for tequila, here's my best advice. Look for brands that are made with 100% of Gabi. Look for brands that have some sort of story that you can look up online and figure out where they're making it. Tequila just like Bourbon and Kentucky has to be made in Jalisco, Mexico. Really think about what you're going to pair it with right? Like you're for the vast majority of people. You're not taking shots of tequila, really? At home. You're mixing it into cocktails and with margaritas. I always think of margaritas like baking a cake. There's a reason why, until I started this brand, I never bake cakes or made margaritas at home. Too many steps involved in I always screw it up. So the reality is, is we? We made a margarita mix with 100% of Gavi nectar, and we actually lightly carbonated it and the added lime juice. So that it tastes like someone was shaking a margarita behind the bar at a high end restaurant. But all you have to do is combine our margarita mix with tequila, and I mean you could make any tequila tastes good doing that. But I would say, stick to something that is made with 100% of God and the great part about our margarita mix. You can get it directly on Amazon. Or you can go into spec so you can go into a bunch of different stores to find it. Josh is the margarita. The drink of choice. A Seiko two miles that way. Is that what it's all about? Army, you know? Yeah, say that That's a very, very popular one. Obviously, pop culture is made it that way. But have you ever heard of diploma? Yes, I have a plumber that's with hold on. Hold on. What's the name of that drink? Not Oh, shoot because of that s what is it? Surely Temple no plum is grapefruit juice, lime juice and tequila over the number one thing very cheap. The cheap way to make it is with the car made carbonated grapefruit soda, right? Here's the beauty of it is always, yes, my burdens court. You're thinking of tons of sugar, and I think it's a great tasting product that tons of sugar, so we made a grapefruit juice, lime juice all in the same bottle. But only 45 calories for cocktails. Yeah, hello was good. I like that. Yeah, with this four years ago, my son Too, Is he? I got invited to his bachelor party in Vegas. One thing one thing he had produced me, too, was tequila, real cold and in a frozen Shot glass. It was like drinking candy. Oh, yeah, well, chilled shots are way to get e was created to get the well. Tequila consume more so that it would go down smoother and would taste almost like cold syrup going down your throat. That was the second thing that he got introduced to on that trip to Vegas was killed last year. The 1st 12 words for you. Spearmint Rhino 8 11 w b A P. Yes, thank you. Thank you, Josh Miller for hospital here with us and happy Cinco Tamayo to you. That it is it is it sounds like I like to drink out. I don't drink much alcohol, but now I won't have your Latin. Maybe get one this afternoon. Yeah, Spearmint Rhino is an odd name for a hooker. Yeah, really, is it? Hey, by the way, if you are going to do if you're gonna get one Uh huh. Two words. Tell me Herradura legend. You've always told me that Herod your alleged, okay? Yes. I'm gonna go buy a bottle of it today. Yes. Save up traffic.

Josh Miller Vegas 100% Amazon last year two kg two miles Cinco Tamayo 45 calories Two words today four years ago Herod Jalisco, Mexico this afternoon Spearmint Rhino next day Gavi 1st 12 words second thing
"12 words" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

07:06 min | 2 years ago

"12 words" Discussed on WNYC 93.9 FM

"Um it direct money for universal pre K to have the three and four year olds in pre K is a structural change. That makes a difference. It's better for the kids because they're getting early childhood education, getting their numbers and letters earlier and being able to socialize with other Children. It also helps parents get back to work during those two years, which really matters. It'll have paid family medical leave, which is something I've been fighting for 2013. It's a It's a huge issue, and, um, this will be a way to start it to make sure that, um Families who have ill family members, six spouses, sick Children or new infants that all of those life events can be covered. Um, and to have the flexibility that we certainly needed during this pandemic, but didn't have On then other things that I fought for, like increasing nutrition programs. So kids get more meals at school so that the pandemic E BT program continues more money for women infants through the WIC program. Uh, those things matter and so This family plan is very, very, um, good news for working people in New York because this is the infrastructure of their life. This is what allows them to thrive in the workplace and their Children to thrive in education between that and the President's Jobs Act. Was $4 trillion of new spending on the table right now, and so far no Republican support, and the Washington Post ABC News poll out this week shows people tend to like these kinds of programs. But a majority also worries about the implications of so much government spending on inflation and maybe the future debt for those very kids that people would be subsidized to help race. How do you balance those concerns? So the truth is, is that our economy is is really in shambles and this pad down. I can't hit our country and the globe extremely hard. And so what is expected and what is needed is robust response and we have to rebuild this economy and what's so brilliant about this plan? Is it rebuild all aspects of economy, not just one part. So many Republicans would say. Oh, we're happy to do the heart of a structure like we're happy to spend money on roads and bridges and stores. And maybe they're happy to spend it on high speed rail or real broad. They under health I t But they don't want to do the child care and they don't want to do the paid leave. And they don't want to. Diogo. Um, education. They just don't want to go in that direction. But the truth is, if you're just Talking about rebuilding roads and bridges. That's a lot of good jobs. Good medical check class jobs for men, largely white man, So you're just leaving out whole swaths of the economy and good portions of our workforce. So you need to be more holistic and infrastructures always been redefined overtime based on who's talking about it? Certainly 100 years ago. Rural broadband and health care I T wouldn't be concerned considered infrastructure. But today, of course it is. And so, um so should be paid leaves and early childhood education and day care because the economy can't function without it. So I think this is a very smart and thoughtful approach. I think politics is politics, so they have to criticize it somehow. But there are ways to pay for this that are fair and equitable. There's been 500 billionaires made during this pandemic. They were true Flosses economy that not only thrived but benefited exponentially. And so I think having Ah progressive tax code that allows for people who are ultra wealthy and I'm talking about making more than five and $10 million a year, the ultrawealthy can pay more to ensure the infrastructure that is, frankly allowed them to succeed. Anyone who has made billions of dollars. It's because our infrastructure saved the economy, saved families and kept everything up and running, and that success for them was on the back of our critical workers. It was the fact that men and women showed up to work at hospitals and pharmacies. And grocery stores every day, largely women largely women of color color, So if anything, they should be paying it back because they are the winners of this moment, and they did not have to make the sacrifices that so many Americans had to make. And so I think you do. You can definitely harmonize these ideas with our tax code. In a way that's very fair and equitable in the Bronx. I see with Senator Kirsten Gillibrand. Hi, Sammy. Yes, Good morning, I was looking at the as an economist. I studied central and Northern New York. Under Hillary Clinton. She wiped out close to a quarter of a million jobs. Let a lot of drug addiction. And columnist in this area and looking at the small margin off What the Democrats have in Congress. You had Claudia Tenney. Just win by 12 words as a result of all the decimation of job from Corning too soft edge after Indian Corning jobs to China. What are you going to do to bring back those jobs? That Hillary shifted overseas. Center. I'm sure you won't respond to that. Hillary shifted those jobs overseas. Yeah, I don't think Hillary said them overseas. But let me tell you what I would do about it, Um So unfortunately, tax code allows companies to create a huge deduction when they moved there, there. Their facilities even overseas, and that's a crazy tax credit. So we want to eliminate that one for sure. And so I have a bill called End Outsourcing Act, which takes away tax benefits when companies do ship jobs overseas and takes them back retroactively, so they Benefitted any point the five years before from generous American policies to help workers and help businesses grow. They need to return it all. And so it's the way to Incentivize companies to stick it out. State America work with us to make sure you can grow and thrive. Ah, ah, and to really war reward that we also have a partner in President Biden and that he wants to create benefits for made in America. His whole job's agendas all about creating more U S based jobs. Um, and we wanna support programs like employee ownership. There was a great story. Ah, in the Buffalo paper about, um, a company that was able to Create employee ownership instead of going out of business. And so it was just a win win win for the companies, the employees and, um the country so There's lots of good solutions about keeping jobs in America. And I think the BIS administration's gonna be a great partner for the Senate in promoting legislation that does exactly that. I want to ask you a different kind of your question when we were talking.

Claudia Tenney New York Hillary Congress End Outsourcing Act Democrats President's Jobs Act $4 trillion Sammy 2013 Hillary Clinton three China 12 words Bronx Northern New York Republicans Senate two years Republican