20 Episode results for "Joe Blackburn"

Crypto Coin Trader with Joe Blackburn

Heartland Newsfeed Radio Network

39:25 min | 1 year ago

Crypto Coin Trader with Joe Blackburn

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Opium opium is the center of the blockchain universe but we know that we're more like a moon with a lambo on it and with plenty of bacon there are many cool communities immunities and pockets of blockchain buddies all over the world and today we welcomed joe blackburn founder of crypto coin trader a facebook community with over one hundred thousand members joe's also the host of the bitcoin radio podcast and he laughs at our jokes so we like him and you will too so settle in for a great crypto convoy in some laughs and episode number three hundred and one of the bad crypto podcast <music> welcome to the bed crypto podcast. It's for crypto curious people's for crypto serious people's and for for all the little children of the world how you doing mr travis right. I am doing quite well missile com. We had an amazing episode three hundred did we not l. was so so great and <hes> it since it just came out. I don't know what the feedback is gonna be yet but i know our producer listen to it and she said it was hilarious and so i hope others enjoyed as well yeah i i thought it was really good to crack me up was like the first guy i think bubba shops he was trying to like he'll the quote unquote or whatever your your humor your humor and then like right after that there's going to be made the penis. The penis jokes the peanuts peanuts. He's in he's in the peanuts business like roasted peanuts and he said something about having peanuts throat yeah he ah that's funny. We cracked up that was so good. We had to say it again and great stuff. We had a lot of fun chatting with the fine folks folks of the republican bankrupt w if this is the first time you've ever listened to bad crypto make sure to hit subscribe and all your dreams will come true yeah. Welcome them to the community. We're glad that you're here. We are a friendly community of bad crypto paeans. If you've not yet joined the community officially then you you can find us in a number of areas but the easiest way to join the conversation with other bad crypt opioids is in the bad crypto mastermind <hes> on the site site run by the evil overlords facebook good bad co dot i._n. Ford slash mastermind for as long as they allow us to until they kick us off eventually they'll kick us off off all right good stuff and our show sponsor for today as you heard at the opening kickoff of each episode is e toro so he won't oh total total yes if you want to excel in the crypto currency markets. You need the best trading app. That's why we would like to tell you about e toro our favorite way to trae. Why is it awesome. Well they have a uniquely brilliant app that allows you to give access to the best cryptos and smartest trading tools and easy to use. It's very fast a. n. You can copy other successful traders right which is really cool so we use it and we use it. 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Tell them bad crypto -centia and now we're going to get into the cool part of the show the feature with blackburn blackburn singing in the dead up. I'm going to add that one to the playlist. That's good to talk with show blackburn and talk about crypto blackburn. He really likes the crypto as we often say on the show of rising tide doesn't he'd lift all boats and especially in the blockchain world where we really want this stuff to go mainstream already and we need to be helping each other out. We've had some host of other podcasts on the show. Previously including erin of crypto wanna one. We've got the guys from beards and bitcoin are going to be on soon. We've had the wrecked podcast on near laura shins been on and today. We are pleased to welcome the c._e._o. And co founder of crypto coin traitor one of the most influential and successful social media communities in blockchain and he's also started a new crypto podcasts name joe blackburn joe welcome to bad crypto. What's up joel. What's up travis. How's it going guys. Good man glad that you're here. What what's the new show yeah so fortunately was able to. I guess put some thoughts together other and i was able to get bitcoin radio started man. It's a it's been you know. I'd never knew how much respect i needed to have for what you guys do on a day-to-day basis this. It's it's it's on a scale of one to ten. I'll give you i'll give you thank you for letting me <hes> for come on your show. I'll give you a ten man. Oh wow tech travis. We've got ten bro. That's pretty exciting but i'm still i'm still over here stewing a little bit about the boats because i don't have a boat you ever vote getting tied well. I need both i whose book borrow we can borrow one of my boats. Okay you have multiple boats. Maybe maybe one of our boats see. I'm from the south and we don't just have boats. We have what we call. Jon boats right in so anywhere between ten fifteen fighters and i've got a couple of them and so so <hes> we can put a trolling motor on the front and go fishing pond. You want that sounds great. That sounds great now. We have boats for the rising typist. Joe com solve that problem right there. Are you happy. I'm happy i've always wanted about now now. Have can i have multiple boats most grace tough so bitcoin radios at bitcoin radio dot com. That's bitcoin radio dot com <unk>. Obviously you can find us on twitter and facebook all that other good stuff. That domain was available just to go buy or did you buy it from someone. The domain was definitely not available just to go grab from go daddy we we did a choir that from somebody who already owned it <hes> and actually was a little nerve racking to you know when i mean i'm sure many people listening at try to buy domain once or twice you know and <hes> you know for or something simple. It's no big deal but this particular case. We got an accepted offer. We paid it and then we didn't hear back from anybody for like two weeks for like what the heck heck is going on and fortunately go. Daddy did communicate with us towards the end. You know to make it feel better but it was a little bit. I mean when you put some money up like that. You know it's not like it was like disturb cheaper anything bitcoin radio home of the bitcoin bad critter. Though i mean we had contingency plans right well. It's good glad you got. We're excited to have you done any podcasts on this yet well we've. I think i'm at episode seven right now but i probably recorded about twenty of them right. I mean i don't know when you guys first started handed in this is kind of a not to flip the script but you know kind of ask you guys questions as you know. How was that that first beginning because i've been doing videos now for almost three years very very very different concept and very different conceptually what you're supposed to do on a on a podcast you know it's a lot more difficult when you can't just interact with the audience or rely on the comments answer they say asking you a. What do you think about this. You know you can interrupt yourself. He's gotta keep talking you. Gotta keep the tone going yeah. We don't neither one of us seem to have a problem level with talking plus. We had the added benefit of having each other to play off of right. You're you're flying your show solo and that's it's a little more challenging bit more daunting sure anytime you got someone might travis on who's just going to make jokes and then a beautiful voice like yours joel. It's going to be a lot easier but you guys have also. He may have been one of my biggest inspirations. I've been watching watching and listening to you guys from the very beginning essentially and i'm really grateful for the influence that you guys found crypto a wonderful voice. Well two wonderful voices. Hopefully on wonderful voice in one good joker when i say you i'm obviously collectively speaking about the wonderful duo of travis joel. We're like the winkle what are we. The bad guy is at like they incredibly crypto duo all right. So when did you go down this blockchain octane rabbit hole joe. What was your entry point. Oh man yeah i the story to me is like one where i'm just about embarrassed of but it's so typical oh i can't be any more embarrassing than travis well. I can't wait to what how do. I not know that but i'll i'll. I'll put it this way when i got in. I got an twenty thirteen gene when it went when it ran up to like a thousand dollars. I don't know if everybody remembers that very late. November and quickly fell back down to like two hundred bucks and i'm sitting there with a thousand thousand dollars of bitcoin which was once a thousand dollars now. It's only two hundred dollars and back in two thousand thirteen newly newlywed essentially and you know thousand dollars. I us with a lot of money. I just got out of the army. You know <hes> trying to scrape together just to make sure the pay the light bill. You know i mean it was <hes> i mean obviously was only six years ago but nevertheless if he was it was obviously a lot of money to me back then just like it would be right now. I mean thousand dollars is still thousand bucks to lose eighty percent of that and centrally in a month or two months something along those lines was not fun <hes> but nevertheless you know fortunately i forgot about it for awhile and <hes> and then i got a new phone and i saw that there was a coin coin base app and downloaded it sure enough if my bitcoin was still in there just kept adding to it you know as a little bit cheaper. Visually i was even and then <hes> it wasn't until about twenty in twenty fifteen twenty sixteen where i started taking a little more seriously personally and i know you guys were part of the c- c- cryptocurrency collectors club you know james clayton's group back in the day and <hes> and that's when i started realizing how inspiring during this the space could be and what it really meant and i obviously i mean when i when i got in i mean i just thought it was gonna make a little money you know and then when i really dove in and and started socially engaging. I realized hey this revolution right and it really became a lot bigger to me. It is a a revolution. It's been so interesting to watch this. Go over time and i'll give you a brief intro of my embarrassing store. Joe likes to always poke fun of me at but i got in two thousand ten. I read that article on slash dot about bitcoin and there was less than twenty thousand people mining bitcoin at a time and i got on started mining i mind block got fifty bitcoin than what to a <hes> <hes> to a faucet those ran by exhau- believe and then got another five bitcoin. You could go every day and get five bitcoin if you wanted to that faucet and i went one time because i'm a genius and then my computer crashed then i got all my important files off my computer except my bitcoin so those good but actually yeah yeah. It was a sad sunday but that's okay. You know what because we're still early in the game here. When it comes to crypt out is bitcoin is bitcoin still under one hundred thousand yeah while we're still early right absolutely well. That's till i say so so now. You're shows you've done seven episodes. What are some what are some of the topics you've covered in those first seven episodes for sure you know in you guys kind reminder stand like the the the jon rao or at least the niche that we're speaking to you know and so keeping things interesting in light. You know kind of been my goal. I wanted to get to serious about things <hes> and so. I've been really fortunate. I had one of my favorite journalists triple pinski <hes> on recently i had out alan goodman who's the <hes> <hes> the co founder of m._t._v. and the he also helped resurge nickelodeon back in the eighties and <hes> and then i had a samatha rhodesia who wrote bitcoin pizza she was episode. I think five four i five <hes> i had jeff tickets from c._p._i. Cryptocurrency investing you know we just talked about community and so what i've really tried to focus on here. Was you know hey look. There's a there's a way to enter the space and these are the people who are making a huge difference and who can connect and who can relate and you know you guys have done a great job. Joan travis about you know being a bridge for people to kind of hop in not over complicating it having high level guests but still make maintaining this <hes> the certain exposure of bitcoin in in in a realistic sense and so i've tried to emulate certain parts and aspects of what you guys have done but also have my own feel for this and you know i originally originally when i wanted to did did they just like everybody else. I'm like i want to be the joe rogan bitcoin right but only joe rogan's joe rogan and i looked like i like to look at this opportunity as you know whether or not you know it's it's really successful. If i make a single dollar off it or if we if we just have an opportunity just to connect with people and influence you know someone might jump in. You know that's really the most important thing same reason why i originally with my co founders why we started c._c. Take grip acquaint trader. Yes so your group is really popular. It's one of the larger crypto groups on on the facebooks. You've got you healthy one hundred sixteen thousand two hundred seventy two members and the website that you're building to go along with the descriptive tiptoe coin trader dot com did you just you know you fired up this crypto group discussion. You're like oh what a crypt. Some people started group man this this kind of gets where it gets a little bit sticky. I've got nothing but respect for james clayton as i consider him a friend and he's obviously the founder of cryptocurrency club has alluded to earlier but you know at one point that group had at become a little bit unsure of itself it kind of lost its flavor and and this is just my opinion and i ultimately ended up getting banned from the group loop and i had reached out james and i had way way way way way way way wide band. Tell us a story. I honestly don't remember number is just an argument with <hes> one of the moderators who wasn't a fan of me. You know <hes> we gone back and forth at some point and i i couldn't even tell you it wasn't it wasn't todd blackburn like he didn't okay just checking taught no todd actually obviously and todd have a really good relationship but no todd actually ended up coming over and he he really sparked barked. The transition of people coming over to c. c. t. so when i created the group you know actually in the actual original creator of it i had three other co founders honors <hes> but the the idea was to kind of open up the conversation a little bit there was so much i don't wanna call it censorship because that'd probably the wrong word because i don't want to imply that they were manipulating people to to think a certain way but it was just more so suppression. You just couldn't say what you wanted. There was no accountability accountability from there was just too many admits to chiefs and so you know one person would say one thing and the next person will say the other thing and again. I'm not here to really talk bad about that group because like i said i consider a friend friend but there was just a lot of voices at that point and people were doing different things and so to me. I wanted a more accountable and a more open discussion. Where are you know we can have a little bit more fun and keep them on and you guys know. This is good as anybody back in two thousand seventeen out very different day than it is. Now you know the self regulation that we've all built and we've all what kind of evolved with was very much. You know not really they're back then. It was more so you know it's it's bitcoin. You can do whatever you want. Oh i shouldn't even have an opinion on what you do and we've for in in some ways. That's really good that we've kind of got away from that because you've you've you've kind of gotten rid of the the negative voices the people who are who may have bad intent you know they've been held more accountable that the twitter verse crypto twitter has really played a big part in that to <hes> but you know moving forward in where we are. Today is a direct result because of the fact that i wanted to create a space that was a little bit more inviting and and you have you've done a really good job of building up your community so i wanna ask a question on that so you have this you have your crypto coin trader facebook group one of the most influential successful social media crypto communities unity's. How did you go about building. This community was it wasn't happenstance people found you because they were looking for crypto on or did you you actively go out and try to grow the audience and if so how did you grow the audience obey drivers. You know i when i say this. They're pretty particular question not a great question. I work on my next. I've got to get better at like making sure. I give travis extra props travis. What a fricking great question dude. I like that. I bet might be the best question i've ever been asked ever. You know i don't need so much props. This is good man over well. You just do it differently than everybody else right and i just appreciate that man well to answer your question. Though is this is that we were very fortunate and april two thousand seventeen when we opened the group up to the public what <hes> that it was right before the bull run. There was a lot of news at bitcoin cash working. There was a lot of great things happening at that moment and you know a couple coupled with a i think a pretty good s._e._o. Name not that we were actually trying to do that. When we started group. I was like if we can get a thousand of our friends and you know fellow crypto enthusiasts luzia joined. That'd be huge right. I didn't -ticipant that we're going to have crypto coin trade or one hundred thousand people one day but before you know it you know we have one thousand i mean which was a great benchmark for for us. You know that happened relatively quickly within the first month and then before you knew it we were at twenty five thousand in two months and not one time. Did we ever not i mean i'm i'm. I'm not even joking when i say that there was no paid ads there was no you know showing the group there was no nothing we literally just existed and i guess just great because there just weren't that many groups you know now and <hes> we had some good voices two at the time you know like todd blackburn came over and he brought a ton of people and i was really grateful for <hes> for when he did that but <hes> you guys related is your brother <hes> i don't. I don't answer that question. Todd likes by vesey so <hes> you know it's another great question by the way <hes> i could answer it but you know meantime talk kind of have this understanding that we'll just let people guess where the relation might be. It is a good community and you know. I like that you've got. It's very civil. There is a lot of places on the facebooks and social media where people just can be vile with one another. Your rules are such that hey you know you don't put up with the b. S. and there's no schilling allowed and in congratulations on that so now the your work. You're doing this podcast. What share <hes> give a a big vision for where you go in the space man that that's the age old question. Isn't it <hes>. I don't know i've only asked to t one time i mean i just yeah right and i agree with that. You have only one time i would say that i would like to have the opportunity to introduce people to crypto and bitcoin <hes> <hes> from here on out. That's that's kind of been the role that i've always assumed you know <hes> we never monetize crypto coin traders group <hes> there was a couple of small circumstances where we we did have some partnerships but again we're talking about minimal level under a thousand dollars worth of of commitment from either side you know and <hes> and that has has been probably the biggest obstacle to overcome is is the is the greed aspect you know i mean every human has a <hes> has that bone where when there's opportunity indie two to financially gain obviously a lot of people are in the space for that very reason and fortunately i was successful enough early on where we were never in a spot where we just had to have money right right now that being said where i fit into all this is i run a facebook group and it's it's social media and going back to what you know what you just said and i appreciate shit kind words to by the way but <hes> about being able to have a civil group you know we've kept politics religion and essentially any other of these really divisive nature. <hes> topics removed from the group. I mean that's in the rules that we don't allow these conversations unless they're absolutely relevant and i'll give you a great example right now with with like andrew gang who is an adamant and outspoken bitcoin and blockchain supporter and it's even he even toes the line with what we will out. We just had a post and guess what they posted is. It you know the the the culture in the community understand you have to say things a certain way and if you don't it could be perceived differently social media <hes> and i'm gonna kinda have respond back to that comment and also answer question here. I like being that mediator and you know as i mentioned earlier in this podcast you guys have a really good example on how all to introduce and bring people into crypto in blockchain. <hes> i not only emulate that i try to have my own direction my own my own style of doing such but all together you know we're all working as a team and if i mean i'm really proud for even just being y'all's friends. Let alone be on a calendar podcast but i see the work that you guys have done and what you've done to be able to talk to introduce this space the people and i i wanna have my own opportunity to do that and i think that's where bitcoin <hes> radio podcast comes in. I think that's where cryptic when traders always been and you know what happens next man who who knows what's bickering going to do tomorrow. I mean who knows right so if it bitcoin to go down to zero which i don't anticipate any circumstance but you know we're kind of an position where you know we're not nestle's as needed or wanted anymore from the listeners <hes> but nevertheless we got one hundred k. will or geniuses basis and we've been doing this for forever so <hes> i mean we're kind of at the mercy of what the market does obviously. I think we all three agree with that. Were <hes> were pretty optimistic with where this can this. This can go <hes> you guys have both you have a <hes> a history also in doing voiceovers or radio work or whatever it might be. I don't and so you know i'm trying to understand what that means for me. What this means for me <hes> but the short answer is <hes>. We'll see what the market does. I wanna ask you. I want to ask you first. Thanks for all the kind words. You're saying. British appreciate that how do you how do you moderate these channels. You've got two hundred thousand people in there in any no just trolls. We'll just pop up and she'll pop in there. Like how many hours a day or maybe collectively over the week. Are you personally going in there and editing that stuff because that's that's. That's the kind of stuff that's exhausting to me right. It's like you know the moderate because then you got your facebook group then you've got the telegram group and then you get the discord group and then you've got this group and then the page agent all the profiles. It's the grand messages it's like. How do you manage all that from a community perspective man. That's another great question travis because because it it blows my mind sometimes i gotta give a shout out here to all the moderators that we at twenty six miles or so <hes> on the on the on the in the group and we have obviously we have admin then chat where all the moderators and edmunds are and you know. That's a family like that. That group are the people that have been with me through thick and thin. You know it hasn't always been easy or like. It hasn't been an easy journey. Should i say you know i've made mistakes and had to grow up in the space myself. I've made comments and crypto that today would get you destroyed but i've said them to three years ago right right and you know and those are you know this. I'm buying this coin because i like it for this reason. Look at the fundamental swell if you said that today. Do you know like the amount of hatred that would come your way but back in two thousand sixteen two thousand seventeen. That's what people are looking for right so evolving with this space understanding your mistakes growing learning and not repeating them because you can only mess up really one time i am in crypto and if you mess up more than that you know you have a support group that will usually support you and hold you up and keep you keep you there but if you do that more than once and you lose their trust you're done and you know having the moderators in the support of this group makes it so much easier. I mean we all carry our own way. We all do our part and you yeah no. Nobody is more important than the other that includes myself and <hes> i. I don't even want to pretend to take credit for how clean that group is for the most part. It's it's really the moderators and i spent a lot of time. I would say ours wise. I mean they're all day. You know my face. My facebook notifications blow my phone constantly so <hes> it's <hes> not trackable if you ask me so this you know the social media site. You don't make money on that. What do you do. You have a some sort of side work that you do you know by profession or is this your full-time gig. Bill crypto has been was especially in two thousand eighteen was particularly good to a lot of us right and so <hes> i've been i've been fortunate. I was able to quit my full time. I'm john working at exxon in <hes> in baton rouge louisiana up time and ended up getting an opportunity you know with to start helping out and i was doing some consulting anonymously. I did not not put my name on these projects but i i was consulting with communities on telegram chats for for projects just helping them set the culture and driving or at least advising them on how to to make sure that people were listening still and engaging and and what was right what was what was not right and when that that that time period ended around the end of two thousand eighteen and there was still get calls a lot you know about it i just i just prefer not to <hes> be based off of several different reasons but <hes> i was consulting assaulting a lot in the in the space on that on that level for for a while so i'm actually got a question for you guys now and that would be kind of shapes around. You know where you guys have income from where you are. You are you. Are you all happy with what bad cryptos become like. I'm elated yeah. I mean it was we started just a few months. After you started you know the show launched in july of two thousand seventeen and <hes> again timing. They really accounted for a lot. I think the fact that they're warrants. <hes> shows out there where regular people were talking crypto not pretending to be experts. What's that was you know something new and <hes> you know we kind of become established as a voice for better or worse in the crypto space. What do you think you know. I am i am. Can i get a great question. Those are great questions show. That was the best question we've ever been asked on our show about us us through ousama static about it because it's like there are so many people out there who reach out to us daily that we've created this salarmy of superfan sort of un without which is we're just creating content. You know what i mean. It's like we're trying to share the best information that we know and i'm and we're in. I'm research. I love to resource. I like to spend more time sorta diving in figuring stuff out in sharing what we learn and then we're gonna chance to talk to all these amazing people so. I think that it's gone way better than we originally imagined but i still feel like we've only just begun. It just seems like we're just getting started the opportunities <hes> are are only just beginning. There's so much going on in the space without an amazing opportunity to go travel around and meet our fans face to face and and but really it's it's. It's a matter this joel and i are having fun doing it. We started out because it was fun because we were having fun conversations just him in iraq and then it was was like i've met people would like to listen to some of these because these are hilarious in so what turned out is a fun thing just turned into a business and now it's it's taken get on a life of its own and really still just feels like we're just getting go. I always say this like the and i don't wanna use too much content because for those of you who are listening right now i get the privilege of switching the mike around on these two fellas hear a couple of days and will be going up or i don't know when you guys are gonna air but but i have you know joan travis st daban and <hes> but i say the biggest audience is the one that hasn't entered yet however for the one that already did enter. Nobody has a better stronghold on that. You you know that in this space and you guys look y'all have been the number one podcast to me from the beginning from july like immediately when you entered because of the way that you guys sound in the equipment that you had you just sounded so put together immediately and that gives an impression on a podcast. I listen to podcasts and i got bad audio. I've kind of gone through this learning experiences myself already but matt joel and travis y'all own it. This is your space. You know we're all just living in it well yeah. I just actually thank you for your kind words. And of course we wish you the best. Damn compliment yeah yeah. I i don't know i i'd like you know. I'm not about humble brags. I'm about real brags and and <hes> i think that perception for a lot of people. Is you know their reality but you know we're just two dudes talking crypto. We're having a great time. We're excited decided that you are in the space as well and we encourage people to go listen to joe show. It's bitcoin radio dot com check out crypto coin join trader on the facebook and i have no further questions your honor effect. I don't think i asked one great question. Travis asked him all those good couple subpar questions which which was adequate enough well. That's great so what's next for you joe so you got you got the bitcoin radio. You're starting to do those like what is the next six months. Look like for you and your world well. I'm gonna i'm gonna try to really just hammer out a bunch of content and see if if people like listening to me you know if they don't we'll find out quick what we you know and <hes> fortunately have a great and wonderful wonderful <hes> audience to kind of get me going off the off the ground floor you know and <hes> something you guys did not have and and you know to watch where you guys today. It's still like i look at how many damage you have. How many different shows you've created and i'm just like man. How do i even close to this. Let alone got a great domain name. I mean you're going to you'll pop up pretty quickly for the term bitcoin i would assume are you going to do more content around crypto in general or just bitcoin. 'cause you know what bitcoin did we. We're having a conversation with peter over there and he goes. I only talk about bitcoin <hes> so we're not gonna have you on our show because we're just bitcoin related. You guys crypto related. What about you. Are you going to be just bitcoin maximalist maximalist. Are you gonna throw in some going back and listen to now. I mean we're we're we are not exclusive or discriminate <unk> discriminatory or however you say the word at all and it's not not that we're going to sit here and talk about every coined the world. It's more so you know ideological. I like to talk about why bitcoin matters and the decentralized aspect but i have some fun with it you know in <hes> actually have a pretty fun idea. I was going to tell you this before the show but i was like i'll just put on a spot <hes> it's worth asking and i'm gonna go ahead and take the risk but i think it would be really fun. Obviously for yeah right now. It doesn't mean as much to me as it would or doesn't mean as much to you guys. You know maybe one day if i if i can have some semi success as you guys have had our at least remotely remotely close to what you guys have done we flip the script and you can host bitcoin radio in and i can host bad crypto one day who knows now that could be you know we're all about experimenting and trying new things so keep at it. Do your thing in and let's <hes>. Let's everybody get in the boat because the tide is rising. Thank travis getting your boat. I got them getting my boat. I got say joe your very humble man. You gotta you gotta community of over one hundred thousand strong on facebook and you got a bunch of super fans out there who love the content. You create love what you're doing so i'd say you're well on your way. Good sir a it's just because inspiration like you guys and many others in the space that have come before us. It's a it's a great place to be well. Oh my gosh. This episode has become the bad crypto admiration society so you're you're very kind. I coming here. I'm going to show the heck out of you guys so i mean crypto all day. I'm a fan we appreciate. It and we wish you the very best with your shows. Well guys check out the links in the the show notes for this episode and listen to jo's show because it's all about that bitcoins present thanks again to joe joe a cool cat at bitcoin radio by the way i see that his episode number nine just came out and he's got john mcafee on there. So who knows what kind of craziness is going to happen there but go check out episode nine of bitcoin radio and see what mcafee is up to now radio. Oh by the way. I did a little research because we were asking on the last episode if there was a w. x. R. p. radio station there is not but there is a w b._t._c. radio <hes>. That's pretty fancy yet. W._t._c. is the call sign for an a._m. Radio radio station in erects ville ohio. It's a news talk an oldies format that was founded in one thousand nine hundred sixty three so these these people were forward thinking when they got the call letters w._b._z. And you'd think somebody would want to buy that right to use purely for a blockchain radio. Yeah it was it was funny stands for like welcome to beautiful tuscaloosa county or something. I don't know what it stands for. They said it stood for sought underway. Wikipedia page here goes this was episode three. Oh one with joe blackburn episode three on to the next one is going to be bad news for the week and and now we come out on what thursday or friday it's going to come out on thursday as it is want to do and there's some really interesting stories is that we're going to be covering britain putting the show notes for travis and we're going to be talking about <hes> a debate between peter well that really debate an argument between peter schiff and tom lee you know peter schiff of of the gold world and we're going to be talking about patrick byrne and how he has resigned zayn from overstock because the f._b._i. Told him to pursue a romantic relationship with a russian spy that was involved in the whole l. spying on the political campaigns and we'll have more on that be sure to stay tuned for episode three zero two. It's going to be good news in bad news. Yes we also did a shout out. You did a shout to andrew yang to have him. Come on the show. He's not accepted yet but he's the presidential candidate who has most crypto friendly's. We're gonna try to get him on the show. Now that'd be awesome. In fact my tweet got picked up and i noticed i use google alerts and put my name in so that way of somebody's talking about me and i put bad crypto in there you know to see if pop up anywhere and somebody picked up on my tweet and they posted it on the andrew yang for president read it the sub read and it and it had hundreds of likes up and somebody posted on there. They said that shows not good or bad true. Yeah great stuff well. Thank you as always for tuning in again. If you haven't subscribe yet please do that. I tunes really love that that helps out the rankings to what else mr joel calm. You know what i think. That's pretty much it gang so as you go off into your day or as you go off to sleep then remember. There's one thing to do. Send me five bitcoin. Oh instead of at josh the bad crypto podcast is a production of bad crypto l._l._c. the content of the show the videos and the website is provided for educational informational and entertainment purposes. Only it's not intended to be does not constitute financial investment or trading advice of any kind you shouldn't make any decisions as to finances investing trading or anything else based on this information without undertaking independent due diligence in consultation with the professional financial sean advisor. Please understand that the trading of bitcoins and alternative crypto currencies have potential risks involved anyone wishing to invest in any of the currencies or tokens mention on this podcast. Should i seek their own independent professional financial adviser. 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You want for just one dollars even a pumpkin spice latte even a pumpkin spice lante but are you judging me because i'm a man who p._s._l.'s mostly honestly i'm judging you because you're rooting for the other team but also because you can get any hot beverage at any size for one dollar which is seven eleven app and you only get a pumpkin spice latte they meant. I like what i like seven eleven b game day ready plus tax where applicable valid at participating locations.

travis joel facebook joe joe todd blackburn joe blackburn co founder e toro bitcoin lowe blockchain peter schiff andrew yang facebooks james clayton jon rao mr travis alexis taylor founder
eps.043 - LIVE Jim and Joe Crypto Show - Controversy Sells, Reliving The Good Ol' Days

Bitcoin Radio

1:26:04 hr | 11 months ago

eps.043 - LIVE Jim and Joe Crypto Show - Controversy Sells, Reliving The Good Ol' Days

"Don't go by a whip though. Take that money. Put it in Crypto over. Well I guess it's that time again. What's up everybody Joe Blackburn? I'm joined today with your man. Jim Scam Holy Holy. We are live here on Bitcoin. Jim you know just living that life living add vegas life. That's Cincinnati. Life that crypto learn life. I think he's Joe. Well this is not I thank you for having me moment this is Jim is joining me as the CO host tonight and you'll probably see a lot more of him we've been Doing some talk in the back rooms just trying to figure out how we really WANNA address. You know what Bitcoin rebrand the the example that we want it to be and also also you know a lot of a lot of the entertainment side and you know Jim has his own show called Jim. If you're not Jimmy you better. It's a little bit bold so be prepared but nevertheless it's fun and it's it's engaging to say the least I don't know if you want to interject on that at all I cover it Yeah Reverend what can I say where You know shock jocks. I guess and if you remember from last time you know obviously. He's got his his hero. I'm John Lewis Card guy his heroes is currently behind him. But we don't have to get on that. I don't want him talking for an hour. Like I will know Jimmy Fallon. Don't give me going once you get me started on June fallon. You just can't gave amy just shut up. Yeah Fair enough so anyways today we will. We're going to be doing a lot lot more of these. If you remember last week I got a chance to have Joel on Joel. Comm we kind of knocked out a few things and has really good in engaging conversation that went really. Well I know Jim you liked it as yourself. And A and I had a lot of positive feedback. Joel's a professional and I definitely thank you Joel for for joining me there and obviously welcome at any point But you know we want to prepare. You know this show on a more regular basis I would say like I. I want it to be something that you're tuning into once at least once a week but maybe you know three times three times a week. You know it's on there you can watch it on Youtube. It's also on facebook. Look it's part of the podcast episodes and I ultimately I just want this show to start blowing up and guess what folks and even tonight. I'm okay we can accommodate us if you want to join US tonight. The link is in my hands. I can just send it to us at the Ping Me. You have to literally send me a direct message research and then I got. I got to see it in the comments that you gotta be like Joe. I want to come on the show and we'll bring it on anyways Jim. Why don't you go ahead and tell us a little bit about yourself? A quick just to remind folks who you. You're I guess most people at this point probably who I am but if you just want to say a quick hello and Tell us what the heck's going on Jim Scam Kelly Well you know I I've been editing putting together. The BITCOIN radio PODCASTS FOR JOE and Patrick over at mouse belt so re episode. I think you've been doing some. I'm doing some great stuff getting a lot of cool guests on there but I do think doing something like this during the lives I think the best guest opportunities you have or the people out there. You're the man of the People Joe Blackburn feel like you know. I think it's great that so you can have a lot of episodes where you know discussing different projects people coming on talking about what they think about whether it be the news and whatnot but I think there's there's a great untapped resource with you know the C. C. T. Community the BITCOIN radio community I want to hear from the people out there. What what's what's going on in those streets right now now when it comes to Bitcoin and Crypto? That's right now and I agree with you like I look forward to. As bitcoin radio brand evolves Patrick's hydric been tremendously Really the best way to say gracious. You know he's he's really made sure that this has happened and you know. I didn't know exactly how how this was going to work out how long I was going to be your white right. But it's it's been really successful to the point where you know. I'm getting the feedback necessary. You're doing a great job Jim and just to kind of parlay on and piggyback onto. What Jim Jim you said? He's probably the only person on planet earth. Maybe Patrick falls in this category but that has listened knows every single episode. He corrects me. Sometimes right right and I I enjoy that Jay. Appreciate your influence on the show but Europe pro. You've been doing this for ten years and it's not like you're new to this. You're just newer to the BITCOIN. Seen I think as is white such a it's a fresh your fresh personality you know. I don't think people realize how big of a deal it is for people to enter like if you're bidding over while it's hard or to enter let alone sit next to somebody who's been encrypted over the next last four years on pretty serious level three years and you're coming on here. You're part of the BITCOIN radio show. Well Yeah Yeah I I mean I'm big into podcasting I've been into podcasting for a long time And yes some. I'm relatively new to CRYPTO and Bitcoin. I mean had passing assing knowledge. I had used bitcoin in the past but I mean being entrenched in the community and the space. Now it's like like School of hard knocks trying to learn as and even I've heard all the episodes. It's still tough sometimes because I'm also listening with a little different ear because I'm also listening from editing perspective. Not always picking up some of the different Knowledge that's being dropped. There's a ton of it you're Oregon. I'm looking at like okay drums. Absolutely no and you do a great job. Yeah you make me sound great on On podcast and I have a lot. I have a lot of things that thank you for all right. Let's roll into a little bit about like what was happening. I I definitely want to introduce a many of these same. We've been sharing some videos and means you're about to see a lot more of them the the The team behind clean radio among mouse belt and a lot of collaborative efforts. Here we Were were were all banding together for this BITCOIN BITCOIN for Christmas. I guess you could call it a collaborative you know agenda to get the voice in the they. They ideas the the ideology of what Bitcoin is out there and I. I'm you know me as well as anybody at this point Jim. You know how important it is for me to be really transparent. There is is no profitability behind bitcoin. Christmas it's literally Bitcoin. The number four bitcoin four Christmas Dot Com Patrick went and bought like every single bitcoin for Christmas holiday. Whatever was available he literally bought it all? Just nobody else could do it like this. You know we didn't want to get mixed up but it's not for any other reason. Outside of we want to bring the exposure that we know needs to happen for the space to really get the momentum. You know everybody's got to do the part jam. You know you so you see it on the back end. It's a lot of effort to not just stay up to date on the CRYPTO market but to be it to live it own it to to understand it and someone. Yeah you who hears it every day through through my podcast you still like you said you listened with a different era and that makes complete sense but it's still a lot to grasp. How on earth can we explain this to two people? Well we're trying to build that that that concept through Bitcoin for Christmas and bring about that exposure. That idea. You know you kind of you've seen it kind of as it started started off really came out on the tail end of it just a now. I'm helping bring the exposure to. It's what I do. Best for the most part been very fortunate to have a community and audience that I guess semi pays attention engine to what I say so I mean what do you think well. Yeah I mean I think your rightful to be you know you're always whenever something comes up. You know you always give a disclaimer as far as where things are coming from and I get y you do that now because like even being new to the space you hear about all these nightmare scams scams and however everyone's out of a scam artist there so I could almost see how you know. If you're sharing this link I mean even you even though people trust just you and they know like when you're sharing this link. I'm sure people are what's this now. What's Michael Gear? Or what's this this new this new coin. What do I have to buy? I know this shit this is just like trying to like I said this is the school of hard knocks for Bitcoin especially with the holiday season. So it's just I mean it's not necessarily for you if you're if you're listening right now or you or you. That already knows bitcoin. I mean this is for you to to give to your other family members in such to get them educated. Get them involved. Because I'm sure I'm sure you're still at the Thanksgiving table going going. On and on and on about crypto aren't season about the FIBS and the candles and whatnot. And your Aunty and your uncle. They're all glazed eyes glaze over there talking. Sure so we're trying to give you an easy one stop shopping okay. We'll take a look at this. You know all that stuff. I'm trying to talk about and China help you out with here. Maybe maybe this is a little bit more easy to understand new version if you will to Kinda let them dip their toe in the water and hey come on in the water's Nice Sir. Come on over. One of US joined the dark side. Well said at the moment I'm actually trying to show this T- so and I'm saying if you WANNA join come on Jim. I think you'd really enjoy this part. We do not a while back. And I've been a huge fan of incorporating the community as much as possible. What's up abbedayle? What's up Danny boy? What's up Jordan? Hopefully there so watching. Where where the line kind of gets drawn for me and how how materials presented is? What's what is there in goal? I don't mind somebody trying to make money right. That doesn't bother me For the most part I I look at you. You know. Businesses business. I don't get a Walmart. I'm not mad at them because they're trying to make money right. I mean even car dealership I go. I know they're not GonNa make money about me. And because another GonNa make money on me I I I try to negotiate down but I mean I've just part of my everyday life but I don't like is when I'm presented by somebody who I trust or somebody who's is is there air and then it turns out to be something that's not you know and that's and again that's that's not my point in anything I ever do and and you know that this is something that you you have acknowledged and Z.. Y. It's to be deal but bitcoin for Christmas does not fall into that and I say all that to say this is. It's our job to bring exposure to the space like literally like. How do we expect to get New People? Oh folks like how do you expect to get people involved in this space at a high level. Who understand who aren't part of this holding community? I'm Hodder I'll go and trade. I got Detroit Open Right now Literally but it's minimum amount. I do it you know maybe make some extra beer money if if you know hopefully I don't lose it which is always a possibility but I love being being a holder. I love waiting for Bitcoin to go up and I expect that going to go up I I do and you know I have a whole nother rant prepared for that but you know Jim when you when you look at the Crypto community and the really the immaturity that still exists. Do you see this as improving from your limited knowledge or do you see this as deteriorating or making it worse I I'm I'm sure it's improving I it honestly it's like any Internet community I'm more of a I guess nerd if you yeah well like pop culture like movies. TV shows comics and stuff like that. And you're going to see the same thing if you go into you know oh The buffy the vampire slayer fan group with fifty thousand people and someone asks a new question and everyone I mean yes even buffy fans and will shit on you and be rough but then there's a couple of those people nice people that maybe keep you in involved so anything but I mean when you get something more serious crypto where there's a lot more upside and everything's very high high paced fast pace because if he got traders and all all that good stuff I can see that people can get annoyed with seeing the same questions a lot of some basic asset. But yeah the other group when you're out to keep in mind since there are higher stakes those potential users are going to help you in the long run. I think that's always been new joe's thing again like you're trying to build the community because it's the benefit of everyone and giveaway bitcoin and there you go. I am not what I am. I know this is weird but like you know. If you've got fifteen bucks you can go to coin base right now. Go Buy bitcoin right. I mean I gave away bitcoin in two thousand seventeen at a high level. All to all my family and friends and you know when you give away. I literally probably gave away probably close to half a bitcoin Christmas that you're an but I gave it away to so many people it was like I was giving one hundred dollars or fifty bucks here to this person or that person you know and so it really got dispersed and for the last two years. I've had to listen about how that bitcoin has never been worth any even half as much as it was when I gave it to them right because that was the peak of the market when we were like seventeen thousand dollars and it's so it's so frustrating. I'm hoping this year that we can at least get close enough where it could be like. You didn't spend any money anyways. Why should say that? But you know I'm a proponent for Bitcoin and I have a AH obligate responsibility to at least be I guess a nice person a nice representative of it so I don't want to sit there and f you Bro. I gave it to you for free but anyways regardless yeah cash outta there you go a man get on real quick but you know I I just was up. Is there fear like because I mean obviously I was on the outside outside looking in waiter. Oh like twenty seventeen two thousand eighteen thing. You wouldn't have a fear of this because you're already well known your Joe Blackburn. Burn your bitcoin maximalist but sometimes it starts to get on the verge of almost like you know the show married with children right and you know the album. Yaris relived the high school days. He scored four touchdowns in one game. It's the way it always like. Well that's what that's from. The outside lied now. Like hearing crypto people talk about twenty seventeen almost starts to get a little like that. Because it's like yeah. I know the good old days but everyone but now everyone's like what about now. Although I guess technically it is the good old days because what earlier in the year was three thousand thirty two hundred thirty one hundred. That's a great analogy algae by the way Jim and I've never thought of it that way but you know it's kind of a right to passage even for the people who are entering. I mean there's people who think that our veterans now that have only been for six months to a year and and Bitcoin crypto and move so fast and it's twenty four seven seven days a week no matter what holiday is no matter what day of the week it is. It doesn't turn off. It does reset on the the daily chart. But that's it right and so that seven o'clock time period for me it's T- which five o'clock your time when that when that daily chart rolls over over and I'm sitting there like you know that's that's the new day that's really the the one moment of break that that you can even say differentiates gates anything encrypted. Because it's really just all one line of of candles you now going up and down a chart but going to back to your point here Jim that people reliving the glory days as you noted. It probably does get old if you weren't there especially because people keep talking about how Ohio's back then it was and it's been so negative for so long at this point you know. Yeah I feel you ash and tell me when you hit hit year five a plus. No that's not what that's not what I'm saying. I what we're saying though. I don't know if you've just joined us ash but is that Jimmy analogy. How if you're new space? Jim is number two the space and Jim's editor for the podcast gas for those of you who do not know Jim Takes Care of all my audio work. He makes it sound amazing on on a podcast. Hopefully most of your listening But he's always I want to thank you know I know I don't sound like good all the time and I and I and I recognize that but so Jim yes but what Jim says as he as as a newer person to the space. He's like look at like Albany from married with children where it's like scored four touchdowns back in the day. You know like people get tired of hearing about that I. That's a good point. I don't know even and how to answer that honestly Jim I guess I guess isn't mother you know no no. It doesn't bother me but like I. I guess it also kind kind of amplifies the fact that I missed it like I wasn't an that so my thing is like Remember in July when it hit like almost thirteen like oh that was great. Urban did by the way almost fourteen. Well that's what it was. Yeah Yeah because like that was my little wave and now it's been going you know of course as we know right right now between between like the the mates Kinda rising back up to almost ten like all that good stuff but again I mean it's I guess it's just because I wasn't there so I'm hearing about it a lot it's put it does have a glean of that sometimes because everyone's like aw man remember but it does seem like you know things things are it's so volatile it's going to have to come back sooner or later agreed and I'm sitting here today. We're sitting on. What eighty eight eighty seven hundred dollars? Something like that. Eighty seven sixty eight eighty seven sixty six. Whatever you know like I look at this price and I'm so happy I'm like I'm not like ecstatic that this is where we're rat? I'm just so happy we're not at thirty two hundred right because I remember also not the good old days the bad old days. That wasn't that long ago. Yeah and many people oh can relate to that and knowing you know really if you missed the good old days completely and you just got in May hasn't unless you were just there for like three months it's probably been the good old days from that moment. You know what I mean so you know people can probably get frustrated or tired of hearing the Oh Jeez talk about. Oh the the good old days when he's eighteen which really those are still new people. I mean I'm still relatively new on a social level and I definitely don't did not understand Crypto blockchain at a high level at back in Twenty fifteen eighteen twenty six hundred even though I had a little bit of Bitcoin But you know I look at what's coming up next. We're having coming up and that's a big deal to really big deal now. I've recently recently been going back and forth and this is something that will ashes actually joining us right now. So I'm gonNA bring her in a second but we'll get ashes opinion. I've actually I should just stop talking. Because we're all going to get told told the truth here in a minute anyways to radio hour with Joe and GM the Scam Poli. Yeah welcome to the show. It was great in Vegas by the way e mean where I completely skipped saying I remember like four talked about you. Nail that Jim was actually Jim was in Vegas and so obviously you know he's been doing a great job at any but come on Ashok. Welcome welcome here. Tell us who you are. Where are you from long time listener? first-time caller right. How much does the having ineffective practice? BITCOIN it'll go up how much I WANNA hold to. It might go up up. I'm sorry I can't give investment advice by just predicting a price and I'll and I'll do predictions though you know that also Rolston especially early Liane after we got over the fact that you hated me for a year almost jim just so you know just some context here There there's a group and it's still exists crypto currency collectors club. James Clayton got another respect for the guy We branched off that we we we started so you have a lot of people from the group you know. Who'd been you know friends with us? We we started that up before you know it. We are bigger group well. I had unintentionally and without being very naive at the time I did not realize there was actually a lot of people listening falling so I got a little excited about a certain particular coin. We got everybody excited about it. And it went up and the Nash called only a pumping number going back. I recognize why you would say that but at the time. Keep this mind to me and ask. You didn't know each other. She just assumed I was just like this asshole whole even worse than asshole bottom of your boot asshole and ash. I'm probably the only person she's ever allows l.. Someone say sorry to Right Sunblock. Gem Scam polling blocked him. Yeah I was I blocked. I don't know I don't keep no everybody's everybody's blocked Jim everybody. I don't know I did see someone common scam and my name. was that like a red flag. ooh That was clever clever. Thanks run blocking me. Okay well then who as far as the pump and dumps right now. Who who do you want to call out in the space? That's the name. Let's get some controversy going. Nashes deal yeah I was. I'm GONNA say Joe You you you could stay neutral. You don't have to call anyone out asks you're not even on Camera Samoan can't see you who you calling out right now. Who's doing pump and dumps right now in the space is given space the bad name? No there's not really anybody doing right now it's not really profitable Well well actually I take that back Tika to to war. PBC Dude what's PB salvage confidential. All right well naming names here. I just tried to say the name. I can't Tika to worry worry or yeah. Something got a lot of TV extra letters in been friends with taken for like two and a half years. Of course. You're going to call a friend of mine tickets. I'm just joking by the way I don't know. What's the company confidential? Yeah there's a lot of people. I know that. Well these confidential though. They pay like five K.. A year to get this guy's picks picks and some of that money goes into pumping it. Allegedly I don't know for sure I'm not paying five grand to get ripped off now my type thing. But but usually his one or two picks end up released publicly and then as the months go by other ones get released to but usually the first two that get released comp right away because everybody's like every reason to buy it so everybody buys it and it's like a self fulfilling prophesy type situation that's that's interesting where palm stale and it dumps are ash so I want to go back to the day and that being said sorry. Jim I mean cut you off on look I I. I'm just glad someone's name was called out. I see that. Yeah they do. A twelve Monthly newsletters five grand a year. Very interesting very interesting to see all right so yes and obviously there is that requires a lot of responsibility. And I'm not necessarily saying that they're right or wrong. Obviously actually has a certain opinion. I tend to side with ash for the most part. So I'll take your take your side on this one. I just 'cause I don't WanNA fight right. I well I mean this is like a call Ellen. Show where asking people's opinions. I mean someone could call. If they're listening to this whether they are they could shoot an email if they hear it on the podcast if you say otherwise otherwise we're more than one or more than welcome to spit state your opinion as well absolutely no one hundred percent and we would love that and I bet you nobody will do it with Ash. Sean ash has a reputation and this is what you don't know Jim like clearly you've been blocked. Cat Content. So I don't know here's the thing I don't know if you're serious if you really did unblock him or if you're saying that making your ash away you know just to make a joke because you know what would be surprised. I would be actually a little surprised if it was Jimmy because Jimmy hasn't really said a lot but I think she was joking Jim. I do think that I'm I'm just now. I'm a crypto newborn browsing the coin telegraphs here. Now I've heard of V. Chain before sure it pumps sixty five percent this month. Is that a scam. That's a great question Brash. Give it to his ash so I don't think necessarily it's a scam. But we chain has had some very typical market movements that indicate its being pumped you know a lot of people post about it in a way that it seems like fundamental analysis. It seems like they're trying to say. Oh this coin is good for these reasons. But as we've seen many times for years in the crypto space that's just one one of the ways that people popcorns and people hype coins and it does short-term effects sentiment and it does teach people When they end up losing their money because it dumps But the reality is that you know. Even if it's a really good project act it can be harmed by these types of market these types of market movements and I understand that you know a lot of coins they purchase volume or they tend to do things that are less than above board and that really makes the space look crappy crappy and manipulated and terrible and all of these things that other industries already saying about us and. I'm not saying that Jane is doing that. But I am seeing a lot of people whether it's coordinated or not hyping chain hyping things that have no bearing on on v Chain Jane as an asset for instance there's one guy who post in CCT pretty regularly about chain. It's always about like social good in the chain and like carbon credits and carbon neutral in this country is doing stuff with carbon. Something whatever and it's like Mike Okay. But what about that says. I need to invest in this okay so nash. I don't disagree with what you're saying. I have no problem with each and I personally don't own any. I have in the past as as it makes sense to create a few times a week. I'm sorry Jim I just know the name because they had like a Walmart thing or something right Yup Yup and that's legitimate partnership with a legitimate business and that was going to be. Actually they kinda lead into my question ash and in your opinion and obviously I know how you feel on most projects and and you look out for people I write you you you have that type of heart. And that's we need people like like that protecting essentially the Dakota version and the census in but I do look at Jane and although I don't own any so I'm not I'm not putting my money where my mouth is but I'm more so saying you know on a generality here using them as an example here is at some point one of these projects has to has to do something. I think we all agree on that link. Everything that we buy speculative. But isn't there the concept of using these tokens. Hell use extra. Here's an example right. Although it does it does not necessarily do what everybody thinks it's doing doing. It does have a use case and they are burning. They just have a freak load of all those of a bunch of extra tokens and they're dumping on the on the market every month but they're still actually being used and I don't think expertise going anywhere anytime soon right there working hand in hand with the government. I mean if you think about it might be one of the most Ethical ones to own. And it's the worst enemy in the crypto space and I with the first one to say that right but would you disagree with what I said. I think it comes. To where Crypto stowe is more than just blockchain okay A lot of people mistake crypto as. Oh it's blockchain and that's it but there are a founding set of values in Crypto that come from the very A very specific group of the People Decipher punks. You know from the eighties. Early Nineties people have value. Things like privacy Freedom to transact you know all of these different principles cancels and when it comes to extra P. or comes to another of the essential is intended for commercial use chains. That's not really what we're we're getting you know. And I understand that X.. P. Serves a purpose you know X.. RPG works with some major major players in the traditional financial market. But what does that do for us. The little people here in Crypto. What what good what is it if okay yeah we can go to our bank? Maybe a cross border transaction international transactions cheaper for us now but what what actual good does having acts. RPI Do for us right now. It's fair now. That's a good point and so what you're saying I agree with you on this is essentially that. There's there's a difference between what we believe. Crypto should be in you know. I let me ask you this to real quick before I make that statement is crypto in your opinion simply a means of transaction in the monetary percents than in the blockchain can use everything else. No you know. crypto from the very first from the white paper. The White Paper paper. Okay we're not talking the CS W nonsense the white paper. Bitcoin has always been a network. It has always always had immutability censorship resistance as core goals. You know when we look at even over the past few years we've you've seen Are Chinese vaccine whistleblower who exposed fraudulent vaccines in China by uploading her research to the Therion blockchain so that it couldn't be censored you know that's the kind of thing that ten years ago you know because we didn't have bitcoin ten years ago wouldn't have been able to be done her research. What been buried in a hole and I'm pretty sure she's in like labor camp now but just because you can't be censored doesn't mean you won't bear the consequences of it but you know there's a lot of things that come with crypto and come with the ability to say okay? I'm not going to be censored or I'm going to be brave enough to this out here for the world you know and you know we see open timestamps. We can prove data existed at a certain point in time. You know. We see the zero knowledge proofs. Getting better start case starks. We see all of this stuff developing and all of this gray in you know we're headed towards Stronger Privacy as privacy is weakening opening and other areas. You know And we even see social media developing around the block chain. You know we've got steam. We've got uptrend we've got. There's another one I can't think of the name of it right now. You're your mind's Yep mines well Pardon pardon my ignorance. How does that translate privacy? Wise being that the blockchain is like kind of out there in me. Oh God no. I'm just making ashes favorite thing to talk about on our great I am. Privacy is a basic human right. I feel the Joe I saw that. Iro Oh oh God him. I was looking for my whiskey good shape so no with the beginnings of Bitcoin you know everything was sued anonymous and for the most part that was effectively private beach. It was before Software came that could track and correlate different addresses and basically track your identity. Just like your phone in your browser at home and all of that stuff is linked together through your habits and accounts that you use the cookies that you collect and all of that so similar principles apply to block chain when it's a public chain That uses no sort of privacy. So you know you can have have different types of privacy. I'M NOT GONNA go through and explain each of them because Joe has a look right now where his face is like Google searching soon. The words you're saying but that's it so you know there's all these different types of privacy and the different privacy coins have had their issues and I have been one of the biggest critics of privacy coins. I find privacy to be so critical and not only privacy as as we look at it for now but if I'm doing transactions today that seventy seven years from now are going to be exposed and I did those. Those transactions to expectation of privacy. That's kind of screwed up. You know like if if it's not going to be far enough into the future to. I'm not matter when it weakens it's not really privacy. You know it's like saying Oh. Your emails are safe. But they're only safe for the next seven years. Yeah all right true or false ash. Quantum computing will kill the blockchain. Anytime Sound Fair could answer all right well At I'm very very very proud of all your accomplishments. Most importantly the fact that you have a degree from the US or Florida you're gay or Chump Chop right go gators. There's also a subscriber to my gator. PODCASTS I do look at you. I've only done it twice. It and everybody was bothering him on. It was either related to him or from. CCT that's true. That is true. And I'm thankful for the family and my actual family. I very strong support group about where. They're supporting him for two thousand views on that video hater all right. Thanks for coming on me and Jim. We will have more time soon. Jim As how do I say this Jim Scam. Poli is now on blocked by Ash. So I can't wait till he sees the knowledge dropped by the Ash. Rolston the I look forward to it. You should change your last name to something like Earl Earl Ston just put it in front of it just so you can actually be. That'd be Kinda cool that would like people have middle names is it. Does it start with an I know because then my initials would be air tight to like this air like Michael Jordan went by Sir. Okay Dell have fun all right thanks ash these all right. Thanks for joining us. Obviously ash is full of she. Honestly this is not a joke. Jimmy ashes been one of the biggest influences. I've had all of crypto she is. She helped guide me from you know. She helped guide responsibility. And that's easy to say and I was thankful that she gave me a chance because you know she gave you a second chance. I guess probably because we're friends so you can thank me later or not. Thank me later depending on how your next interaction with that goes well. I just annoyed until she left. But my other question like Joe Blackburn as a content creators especially for though space here obviously bitcoin radio now again from my limited perspective it seems like what people wanna eat up and maybe what gets. More of the easy clicks are people doing Chart predictions actions or ice predictions and stuff like that. And obviously that's not something you're interested in so like how do you balance that. Like what is the like or is that more of a surface read of the community or is that kind of what people are looking for. Like what do you think I think you nailed it like like It's not just the service need for read for self. I mean Jimmy One told you hey look this coins go up a lot tomorrow. Wouldn't you be interested. Yeah Yeah I'M GONNA at least pay attention even to this day like someone says that you know I mean they better be right you know but but the point join is like every every human I know even ash who hates these people now. She's going to be watching for a an ulterior motive to smash them the next day smash -ly coming coming out but but ash will. You're asked whether you're joe whether you're Jim whether you're Joe Schmo doesn't matter you're going to be paying attention to something when someone says that and you you know the space was a lot different back in sixteen. Seventeen in ashes been consistent. I in fact I don't think she's ever changed nor has she aged. She's like literally the exact same thing. You know Jim Nets that's just consistent. And you know I have changed a lot and but I was also really kind of guided by people all who were making everybody else money right so I'm sitting here watching this stuff and then I have my own opinions. This is why they should go up. Fortunately you know a lot of the stuff I did say especially early on did go up right but it was also is kind of like what Astros fan about the self fulfilling prophecy with Palm Beach Governance PBC. I I don't want to be like I'm on that level. Well because first of all we don't we weren't charging but these people who are charging are obviously buying everything that these people tell them to buy or else. Why would you pay five K.? A year you know. That's a lot of money and you think about at five thousand thousand dollars for picks I mean I make a bunch of picks right now in charge you know nothing and they would probably go up right. I mean even if I go I was just GonNa say it reminds me of like you know there are like sports betting lines and stuff like that and there is no I mean. Obviously it's a different animal but there are guys that I mean not to say that you can't do that. There are people that are knowledgeable and can get fairly accurate Well Yeah it's a it is it. It's kind of weird thing and there's a science to the sports betting and I don't have that pick you know. I mean this is something you know that between math and algorithms and computers computers placed pardon us now and I mean do bad calls in a football game like penalty before field goal attempt. You know that that changes the whole dynamic of the of the spread you know and so I mean whether it's sports picking or whether it's I mean I don't WanNa say it's because people have influencing crypto and there's I'll go back to superman I haven't heard from superman forever but have you ever heard of Superman by the way Jim was up before your time. That was a forward step. Superman man does this dude right here. He had a way of captivating his people he had. He had this I guess he's English on this this this really proper London accent and I'm not going to pretend that I can do it. I almost pretended that I could do it for a second But you know he got on there. He talked about which coins he was buying. and Lo and behold you know for about four months they all went up right and then that day day ended and there was nothing left the superman of his content. That was it. I mean he literally made his money. You know taking money from other projects and look I. I don't hate superman the way that other people do Ash will probably disagree with me when I say this but I feel like superman was a product of time period where people were begging for that type of content right and it could have been worse than Superman. Superman wasn't the worst person on earth. I look at people like I. I hate to hate on Ron. 'cause I know he was going through his own troubles right now Actually actually I did hear that as she did quit rate quit not too long ago But but I I look alike Bonded with Dick Connect and he he shield the hell out of it told all all his people he's GonNa buy it back from them. If it's GonNa fail I mean clearly this guy got got you know and he was so bought in and so far in making so much money and then it all died and then all these guys are gone and the people who did not adjust and who didn't have more character behind that but it's just not as appealing jump so you know you the twenty seven thousands views on one video and St with McAfee. Once I'm not going to get that anytime soon. Because he stays close group and nobody's making any money off by picks and it's lost its luster and a lot of ways and I don't I and in fact that's a compliment right. Yeah because that's a better way to go. Yeah Yeah it's interesting because it's definitely a balance. Because has I mean I guess it's similar to you. Know whether people that are bloggers or online media you gotTa have there are places that have integrity and try to give you like legit Stories in reporting and then of course there are places that have quick Click Bait and the click does work really well in the short term. And that's kind of the balance. You gotta you gotTa go with our Jim about Jimmy Fallon. Oh Man I always. That's what you have is like. He's bigger than your like. He's literally bigger than you. And if you look behind you. It's actually green screen screen. I'm I'm literally looking at a laughing. Jimmy Fallon the entire show. It's just a vibe man. It's just I have a very sarcasm Dr Vibe so the fact that he's behind me means I don't like them. It's like you know ash doesn't in in joy. People that are Pumping and dumping like so you take super. If he had a picture of Superman would put him back there. So you know. I don't enjoy William so of course I have my background to find a bitcoin background or some shit. Sure it by the way I'm not here I mean like I think Superman is in a weird dude at A. He made his money. I guess but probably at last but I just wanted to clear ash hates him a lot more than me. I think Superman did things. There could have been worse people than Superman. That's that's all. I want to say there are worse than Jimmy Fallon too well but so. That's the neat. Like no one knows what his real name is. He's just Oh. Yeah the Superman no okay. I think men Jimmy Fallon Jimmy. Because it's your name. Yeah no I know his real name but yeah yeah I mean because it does feel like most people that are going to do that especially in the in the community or the space it is either. Because it's a scam. Or maybe they get Blackie and then eventually it will kind of burn out and then she would get upset and what I mean. What is the 'cause I I've heard a lot of people I mean? I've heard you say it every people people they're always like I don't get van financial advice now are you. Are you open to liability as far as something that concerned. If you don't preface that I I mean I guess so right. I mean like I've been told that by by people who are in law and the law and they've got a law school his name is Michael. SUPPO says asked by the away. I Superman is a clever name to hate the guy. I just don't hate him. You know I kind of you know I feel like he was misguided right. He didn't have an ash way anyways. But to your question actually let me say this real quick Jim. This space is filled with a bunch of speculation. Plain and simple I mean. It's a speculative space. People buy coins because they think they're going to go up whether you're an influence or whether you got encrypt over the first day nobody's buying these sons of guns to to lose money right. I mean it is what it is however ever you know. There's a responsibility from certain individuals that they have to be a certain way right. I mean like I have a responsibility not to go on there and say go by this coin it makes sense. There is obvious but Jim what do you think if I actually nice background. Dude looks really good. No Jimmy Fallon no dude. I Mess Jimmy Fallon like put him back up on missing. What when I figure out my green screen? Yeah you better believe. I'll be Jimmy Fallon up all right. I won't be some stupid picture. It'll be like him like chilling next to me and like me and him having a good time. Just the troll. You aren't fair enough joking because you make me look good so just joking. anyways to point is this is that we have in Crypto. This situation where people want to listen. Listen to certain people because they're going to be profitable. It is what it is. It's not unlike. Many other niches is just overly embellishing exaggerated in crypto because the market can go up so quickly and go down so quickly. I look at this and say hey people who else is doing this put your name. I'm online show me how to do it better right and you know. I've had to learn lessons along the way Jim but I can tell you this as boring as it might be sometimes and you know this this this precursor this disclaimer. Or whatever this legal liability that might exist. I don't know I don't really know what it is. I just know if I say it and then I don't do anything stupid. Then then okay right yeah it might as well just say that just in case like not too concerned with being sued or something but also like just for just for safety kind of deal. Yes yes by the way. There's a lot of people who probably meant well who really screwed up in two thousand seventeen that will never get another chance and I was very fortunate to have people like asu still watching. And I'm grateful for that to kind of step up and you know in shows people all the way and it's my responsibility to do that for other people and I try to do that all the time. Now if you're making the movie on twenty Seventeen Bitcoin who's was the WHO's who's the main character like you're making the wolf of Wall Street back Ephron yes not the actor. But who's the person in the space. Is that the movie focused on. I thought you were going to be going to Blackburn. Yeah okay well I kinda plays Joe Blackburn we that but but is there like a main driver or is that just Kinda like these click bait articles that are acting like there's this main person behind it all was from. That's a good answer. Obviously obviously I'm just joking. Oh man how deep do you want to go like people thought people were getting rich dude like people were getting richest. Whatever ever I mean it was like real money getting made? Well actually let me put it. This way. Who was who's WHO's a big name that came out as a scammer out of that timeframe or is there one like someone who was thought of is kind of well respected but then they were kind of outed? Almost you know Jim. Here's a here's the thing is I'm not here to make enemies and I forgive people probably too quickly. You know the the people who messed up and who did things a certain way they literally. We are a product of what people wanted. It's not all their fault and I don't I'm not somebody WHO's an apologist. I'm not sitting here telling people that they should be responsible but if there weren't people people listening nobody would. Nobody would care right. I mean Jim Imagine going on your facebook profile on in two thousand seventeen. Not Being Crypto upto. Not being around anybody and saying hey everybody go by this coin. They're gonNA be like what the heck how what what how what do you mean. It wouldn't matter like what you said. Did you look like you'd probably look like an idiot. Honestly right but these people want an excuse to not only win and then claim their own wins but they they want an excuse when they lose and have with a lot of things that happen in Crypto is that shut the hell up take some personal responsibility and stop being a Wuss about it. It's Crypto if you're playing with money that you can't lose get out stop. Yeah it was a great point. Why don't you listen? Some of that. People like listen to what I'm saying right now. Stop doing that. Just stop if you are looking to buy a lottery ticket and if you lose that lottery ticket it's it's going to hurt you too bad. That's not anybody's fault. Now I do believe responsibility falls onto the influencers but shut the hell up like you either bought because you wanted to buy this token and you loved it or you bought because you thought you're going to get rich and if you are the scammer Kammer the silent scammer trying to buy and then quickly sell I hate you. You're actually the worst thing. For crypto reason. Why twenty two thousand seventeen happened? So that's my answer to that is that I don't. I don't have to point out anybody. 'cause I can point out. There's a lot of Douche bags that pretend like the victim. You're not that big dome bre you were looking for money and let's not pretend you weren't right so that that's that's up. I'm sure I will hear some things about that because I'm more like I mean even I mean well I guess especially in something like crypto. We're not like you're not looking for this. Isn't like like a get rich quick scheme. I mean obviously everyone wants to make some money. But it's not gonNA be. It's not that easy as someone saying. Hey buy this and then you go and buy it and then yeah sure yeah now. Don't get me wrong like I literally to this day and paying attention to what people are saying right. But what's what's the ethical line like what's the difference. You know now. Ashes made a good comment. You know and it says your responsibility risk reward. These are all things that are deeply personal. You can't put it on someone else when you click that buy I button. But at some point those influencers no there were agreed one hundred percent. Everybody has a responsibility to do something the right way. I'm just saying it's not only superman. Commands fault only Joe Blackburn's follow wasn't only so it was his fault that that happened. Every coin went down twenty seventeen after two thousand seventeen. Jump everything everything I think just destroyed itself because there was nothing to back it up. There was no reason for it to keep going and we all got relief site about it. I the perfect example I. It literally believed that Crypto was taking over the world and I was sitting on the throne of the Kingdom and we were all gonna live this happy. You know Utopian Life Life that we all just had all this crypto now and I was freaking wrong and I'm okay with that and I stood by and I never left I never wavered. I stood there next to it but Jim. I'd say us where those people who are talking. Shit who are now added crypto not because Joe Blackburn around because the Superman not because Ashraf blocked them but they left because they couldn't handle it. It's very very nasty ugly space when things are bad but when they're good everybody's everybody's not only are they. The the Gods Gifted crypto picking coins there are also the protector of all the people and persons scammer. But they don't care when they're not in it you know it's like pick aside man. What what are you really here for I I just I just don't have a lot of respect for that type now have You know what I think they need to do is more of these coins. Well I guess there's well one of these coins. They need to get like a rapper and to you know name drop their coin in verse. You know you gotta get drake out there like you know. Don't go by a whip though. Take that money. Put it. In crypto. Wait is over and like you know. Drop an exchange change or something because then everyone's going to be like. Oh my God. What is that now? That's probably the most genius pump and dump. I think that could happen. Oh that's happened by by the way though you look your your vegas boy eight Bro. He's Vegas Dude you're eight now I have a I'm sending you a Lincoln is over with coming up on the hour by the way or or even the point of like someone like Kim Kardashian tweeting like ooh checkout joint base but they're obviously has to be some sort of void may whether did the right but he did he get in trouble each other. Hey did like half of what he got paid which whatever you know. They made them they made it. You Still Got Beta. least he got paid from what I understood he got paid like a lot of money on the side. Encrypted Right DA always smart take minero come on now but then he had to pay like six hundred grand or something like something is what they said. I mean. I'm not mad at Floyd now. Whether you know tyler pets was doing this crypto course right and the thing is tyler has never developed. Of course somebody else did in Tilapia. Sold it right. Yep I actually think I. Lopez is is brilliant. The dude is a marketer out of this world. I was listening to a video of his earlier in the week and he was just kind of going over the like what do successful people actually do. The guys actually we about us. I mean you're not accidentally successful right you know. Some people are accidentally talented. You know they don't realize like you know. Cash me off side all right. How about that is actually GonNa Catch on and then you get lucky enough because that was stupid enough to be famous and at whatever exactly dude? I'm down isn't a bobby bad. Bobby rb I thought it was too but I'm pretty sure it's bad baby but you could be right. I I think they're spilled exact same way. Bobby Orr baby. She spells it. We're yeah it's like Vha deep yeah. So I mean whatever I mean uncle high a bit banger. You'd like you're you're the pop culture guy. Yeah you're right I believe you you know so my bobby I mean is probably wrong so Barbie offs. We can all agree on that. I was talking to get a white girl I I but yeah anyways so by the way she didn't she just get into a fight or something as she got. beat up by WHOA Vicky I guy or girl girl just another girl that tried to do what she did but didn't get quite as popular from it so they were kind of beefing and then she beat her up but then bad baby says that no. She didn't beat her up. You know it's a whole thing Chelsea says I was actually entice crypto. Doc Superiors back something like in Chelsea. I agree I get to meet him in two thousand seventeen Actually two thousand eighteen and Miami and then we we went to a party. He was actually at the Party and I got a chance to. I had nothing but respect for the guy afterwards. I'd only heard he was like this. Like like the dude who just does videos and makes aches means you know turns out. He's actually brilliant for anybody. He speaks at a high level. Always really oh self-aware and he's really aware and he's a nice guy too. He was Super Nice. I mean like like genuinely. Where're you from? Oh man that's near New Orleans. Okay cool yeah. I mean had genuine conversation so I respect the guy. Aren't you go people. Think at this crypto course was a scam or was this ultimately an okay thing like well would like what was the aftermath of this Chelsea. You got like five minutes remember remember are we told me like we were just. We were just comedy they do it. Right as you're welcome to hop onto the the link is in the comments. It's so feel free to hop on if you get a chance anyways but while we're waiting on that if you just type it that's fine too. Jim have a question for you though. Yes all right so knowing knowing like obviously we've had a pretty. We haven't got to the topics I have written down in front of me like literally like have all this stuff right. I mean that's my own fault but knowing what you know just from this conversation like is this interesting to people or do you think like why even this typical conversation like something has to get better. I'm not talking talking about entertainment wise. Where Joe's entertaining enough or you know of ashes is talking too much privacy? That's not what I mean right. And obviously I'm making a making a generic assessment of the entire conversation but it is interesting that people yet or some shit actually have to go down for people to take it seriously. Well now. I think it's interesting do you. I mean just as far as building an audience or do you mean as like getting like what romance I guess I guess kind of all of it you know. It's like Tyler Pets Tyler. It has a huge audience. You know if he gets one percent of the people to pay attention to what he's doing you know that's great. They might top in. They might pay a few bucks and then the route right. I have have no opinion if that's right or wrong. But who's WHO's actually looking at this conversation saying. Hey this actually might matter like this stuff. That's happening actually does play a part in my life. Well I mean I do think it's. It's obviously people in the space. It's interesting stuff. It's things people are thinking about. People are talking about but the the big hurdle obviously kind of royal referring to is is getting the is on it and kind of the way to get the is it would be like the drama and stuff like that. That's why you know we. We just mentioned mentioned the cash meals girl like that was just a dramatic thing that caught a lot is and that fight that she had it was probably fake. anyways it was you. I know because it's a way to get headlines and get people talking about it so you do Kinda need a little above you. Need that like drama. You need to you know Joe. Blackburn needs to turn on his camera and call out someone in Crypto to get some is on it. And then once you real amend and you keep them with that Joe Blackburn charm. Well you know I did. That already is actually right. After you mean you hung out in New Orleans right and that was when trump shit about bitcoin so I went on record at called trump out and I guess he was scared wondering you know what I asked him. I said MS trump. If you ever talk shit about bitcoin again. Can you just tag me like just like directed at me like just be like Joe Blackburn. You are a bitcoin loser. I'll take it well going back to that real quick now. Where do you think that came from? was that like was that trump just kind of hearing about something in just spouting off on it. Because he's you know he's obviously very quick he's not gonNa like think about something too much before calling it out. was that weird attention thing was that you know do. Do you think that was enough anything. I know it's kind of little this point. It's not though I still think it's really one of the biggest things that ever happened. Crypto and just in general is for Donald Trump just to recognize it. Okay and it's what you said is very true you know and I agree with you. when you say like you know there's a lot of questions about what with purpose be like what is the reason behind it and I don't have anything to do with actual bitcoin right. I think it probably had something to do with more along the wines of Probably just making an impact when it came to Having an opinion opinion about it right he just wants to have an opinion about some certain things but surely there was somebody who he was talking to that he was making a point to like. Don't you think that's how trump operates like he says something it kind of makes sense that everybody. It's relevant. I guess to a certain extent but really in reality. He's speaking to a group or person actually have a Lotta respect trump when it comes to his marketing I don't think it's that dissimilar to John McAfee. I think they both have a really strong ability to bring about emotion. You know and I mean to this day. I can't go a single freaking day without seeing John on McAfee is going to have to eat his dick post on. T. Like people. What the hell is this not old enough to you and now they just came up with new website called addicting right? Yeah so in preparation for John McAfee like John McAfee is actually gonna eat as Dick nor does he give a shit if he does if he's wrong but I can tell you this much. Why wouldn't we all be on his side like I hope he's right? I don't WanNa see me Dick Right. I mean I wouldn't even want got to be one dollars less so that he could eat as Dick still like whatever John McAfee is somebody who I think's more for the space in any of the people talking about him. Well if he's smart and he is if it does if it doesn't go his way he should get like the cake boss or something to make a Dick cake and then he has to sit can do a live stream and eat it dude he already. He already told everybody how he's GonNa Handle. It says he's GonNa use balls or something like that. He is going to hire somebody Eddie. He's going to contract the job out like says any good and it's probably going to be of the female variety of South East Asia. And I think it was not his exact words. But that's the general idea that he a gave I. I think you said Thailand but I can't remember for sure so He's already got a plan you know as I would expect to do. And he's going to win this battle and you're going to keep talking about them focus in GonNa make him more famous and more relevant which. I'm glad because you know what guys done more for the space in most you you so f off leave alone shit. Yeah I think they were talking about or making a McAfee movie right. Didn't they cast someone. There's some rumors I think it was saffron. I wouldn't be surprised me okay. Abro last year it was Michael. Keaton was being talked about it but that was a year ago. I thought there was something again recently where they admit some. Have you watched Gringo or whatever called Oh you know what Zach Ephron is attached. Actually but I don't think he's playing McAfee. It's Joe Black. Remember I told you what he did. Nailed a little spot. Oh He's yeah. He's an investigator in the King of the jungle movie. I've not that scene Gringa. I've been meaning to watch it but I have not seen it which one is in the McAfee documentary. Oh you told my Gringo yes it may cut up. I mean like I watched like fifteen minutes of it. I turned it off. I was like actually Kinda Guy. I don't WanNa wash those movie. You think it's GonNa make thank. You dislike them now. No but I did see somebody. Show up Nick Anderson still watching cheers. You Bro go gators man Nick. First off he was in the March expanded pool with me And the like there's like fifteen of us and see st but I have to say. He talked shit to me before the Auburn game. This is the first time we showed up on one of my lives. I think it it might happen before so I decided to like call you quick enough Florida on lose Lsu. And I'm the Chelsea's watching so whatever Chelsea. I was rooting for you. Bama you heard what I had to say. Shut up Chelsea. I don't WanNa hear it anyways. All Right Jim if they made a movie about you. Who's playing you probably said? Give me some. Probably Seth Jimmy Fallon. Yeah Yeah I agree. Yeah Jimmy Fallon. Probably do look at that laugh Bro. He would be a good Jimmy. Jimmy Jimmy are the one thing I won't do. I won't call you Jimmy all right in my face I aww. Don't hang up Bro. I don't hang out hang up. I said until the end I fair enough favorite. TV show ever TV show ever sopranos a really. I mean it's the best show made a didn't aren't they going to do something like a new movie or something with the Sopranos. They're doing a prequel movie. Yes Okay Coco. I've only watched a couple. Intermediate Intermediate Li. I've only seen like here and there but I enjoyed the spurs at watched. But it's just not something that I need like aliens aliens and space and things like keep my attention. That are so unrealistic that I'm not over thanking them. Chose yeah but like I don't know when you watch like obviously everyone knows that you're a big star Trek Fan. You're a trekkie but you're talking about overthinking star. Trek is all thinking because it's all l. like not only is it. You know an idealized future and different morality questions on what that entails. It's also about like politics six and things of now. Yeah but I'll say this is that when I was a kid when I first started like being aware of Star Trek that show means is a lot more to me now than it did back then right like I can look back and we're how wrong were they. That's my question right. And it gave me a perspective effective to be able to say you know a few years from now a decade from now one hundred years from now we'll be judged very differently. I mean look back. Here's a perfect example. Christopher Columbus apparently today is a racist hateful horrible human being who we should celebrate and I actually have a huge problem with that you know he was Italian. Who under the I believe? The Spanish crown was contracted for a position. He went over if you ever read any of his autobiographies which I have not read his full autobiographies red experts experts. And the guy actually was not a mean spirited individual he was a adventure seeking person who lived in a certain time period where people all had really left up beliefs. And what are they going to say about us. One Hundred Years from now two hundred five hundred years from now right now. It's just a relative time period. You know you just just you you are. He did break the prime directive though yes he did out but nor was star trek dealing trek anyways. I'm not even the deep but I'm not even a huge fan of the prime directive. That's actually one of the things that like I understand. Why Bro? Just let them hook them up. Save those people you know like like interfere you know. They don't need to go through that. Give them give them replicator I do. I do mostly agree with what you're saying whereas like we can't can't judge you know. Obviously we have a more civilized different society now. You can't judge it the same way you know you keep going you go. Further and further not even just Columbus go further and further back in history. It's people being conquered people fighting wars ores. Some people winning some people losing. Unfortunately that's just the way that selena fortunate. It's literally why we're here. Yes exactly like it's led to now. Yeah you definitely would want you definitely want to learn from it. You don't want to know your history. You do WanNa look you want to at least see why things are bad. But you also can't wallow in it that's always he's my problem you can't you can't walk and I don't even really remember why it came up on a high level but I I can say this just to kind of the main point is that you know now I mean regardless of even in Crypto. I look there's some Christopher Columbus in crypto right. There's people who who did certain things because it was is okay. It was normal. I mean dude. I'll tell you right now. I was in a group of Twenty Five Thousand People back in twenty sixteen ethic. It was extra probably twelve thousand the I grew to like twenty five thousand group that the only reason why that group existed is because everybody literally wanted to just to buy the same thing and be in. Just sell it before for the person I look back. Look those assholes but are they really assholes like can you judge the beginning of Crypto. I mean like this. ICO Culture. Yeah I mean we needed to go through that period. We needed to learn some frigging lessons. We needed to be humbled right. We didn't need to think these things and I have A. I have a really big problem with people to quit the judge you know like. Let's remember that lessons learned are actually really valuable if you repeat them now if I go back and act like that I want to be judged I would expect me to be judged Yup right I mean if I wasn't I would be really disappointed in my community thirty. I'd be really disappointed in my friends and my family. I'd be disappointed in you like job. That's wrong because we have to have integrity ethics that that that exists but we have to learn certain lessons to know that they're wrong you know if we were perfect. Got Think about all the mistakes made let alone. We're talking about crypt up right. We were just talking about crypto with no rules nobody to say yes or no or that's wrong even to this day like as an individual trader as long as you pay your taxes. They don't give a shit what you do. They're mad at the people who give it to you sure but they're not mad at you. Jim I hope not right well. Is there a fear. I always a somewhat off topic but we talked about it you talk about the having is having or the happening I call it the happening because it sounds so much cooler having now what what is there ever fear though that what if like you know. Then everyone's just like Nah fuck this now. We don't want to do this anymore. And then it just becomes like the plummets and no one. It's now we're not a chance like people mining bitcoin wherever yeah fuck this. I don't care any what I don't know make libra. I guess uh-huh no libra stable. I mean it goes up right now but my point is what what are we gonNA do like. What are we going to do if this fails? We'll ask you the Baz has what are we GONNA do. If this fails actually can teach but Baz what are we GONNA do. This fails is watching so I mean like you know. There's a lot of people coming into the space. There's a lot of money and what I do. I have to trade literally to try to make my living for the most part. I mean there's a lot of money I just I'm not interested in certain aspects of it and you know fortunately we were both you know working with mouse but at a high level now and you know. There's a lot of awesome things that come along with third engineer company. That's really building some cool shit. I I can't wait to be you know in front of some things that are happening And we'll get to that later 'cause lot we can't talk about on that but But needless to say Jim when you think about the future sure can you imagine it without bitcoin being really relevant like I can't even. Bitcoin is a standard now for things that should be right. Things should operate this way. Too many people who really believe in the purpose and I'll use ash again. As an example here Ashi nailed it when this is different sprint. Blockchain and Crypto is a huge difference and I agree with her of course because ashes always right She's Ai and and when when how often do you know computers would be you know. They're typically relatively. I'M GONNA I'M GONNA. I don't Google search myself. Google search on my phone own which is a mini computer. Because it's not that computers Arinze usually users that are wrong. Yeah Yeah exactly. User error is the is the failure. Oh you're of of humanity right. I mean we're going to end up dying the whole the whole world's GonNa end up dying well eventually it's going to because nature because the sun's gonNA swallow us all but but if we don't kill each other before that which anticipate we will probably because somebody made a mistake they know that and it feels like point. Bitcoin has passed that glass ceiling. I guess where it's like even though there are plenty of people that don't know really what it is or a lot about it have. Have you say Bitcoin to them. They kind of have heard of it at the very least it is like a common thing that people are on era. They may not know much about it and that's where something like Bitcoin coin for Christmas Dot Com comes again if we could do that. people but yeah it does feel like it's become Like I like a name brand random guess for lack of a better description yep and even I actually used facebook as an example for this gym. I mean we're about the same age and I know a lot of people. Listening here probably probably can relate to this remember when it was like a joke when we'd be like tag me like I took a picture of you tag me on facebook we would never. We almost didn't take it seriously. Like oh my Gosh said it on facebook. So they're really facebook so it must be serious right and so gradually you know. facebook became part of social culture. Right right how long does that take gym. I mean it's been out for fourteen fifteen years now right. How long was it until facebook was like nine and getting into twitter but how long until facebook actually became like part of everybody's life would you say how how long ago was it was fairly quick? I mean tonight ten to twelve yeah. We'll we'll probably like yeah probably like two thousand eight even like I'm sure in two thousand and two thousand ten was like the big boom because I think I on twitter two thousand nine but already been well and that was twitter was very new but I already been well on facebook but we always even thought of it at the time is like okay you know we had. We had friendster than we had what we had aim. We had friends to read. The space will have facebook for a little while. Then we'll move onto the next one but we still have moved on to the next. I mean obviously people move on instagram and stuff but technically you're saying look face Sir Sir World. It's still I mean no matter what like twitter can be the most popular thing us right now and the president can be on it and Kanye West can say this and you know drake and do that and you know. The hockey player from Canada handed out. Whatever his name is Baz? You probably know He says this but you know long story short. Social media quickly became absolute not like the exception adoption or the joke. It became so serious like nowadays people are getting fired for what they said back in two thousand nine on twitter right when it first came out I mean there was a a a a ball player in I mean. I'm not trying to even have an opinion on this. I think it's ridiculous that that that an idiot of a eighteen year old or a fifteen year old can't go back and change. Change his mind without being judged so harshly. Not Saying it's right. I mean obviously we have to have a standard as culture to not allow certain types of behavior. But come on if the happened today. It's a different story than what happened. Seven eight years ago saying that. It's okay that that happened but give the guy a chance to explain himself. I you know. Anyway that's a different topic You know bitcoin and cryptocurrency. We're kind of still at joke period. That tag me tag me right where people have now harder facebook. They know that people are doing it. Parents probably don't take it serious but how long until they do how long until it's part of everybody's 401K. How to were actually part of something? That was the way that the thing that everything changed with. And that's what social media did. It changed everything. It wasn't the Internet. The Internet was amazing but I really feel like social media changed everything and it wasn't until obviously obviously the Internet needed to exist for social media to happen but the internet just allowed connectivity but until the new niche communities right. I mean it was still like you would only interact Iraq with people on aim. Msn Messenger who might be your email address facebook and twitter and then everything else come afterward they connected everybody. That's Bitcoin. And and all these little cryptocurrencies. They're going to die but there's a bunch that will stay. There's a lot that will die and they should the pieces of shit. I own probably half of them all right but I already know they're gonNa die so I'm just hoping you know one of them makes it and I get the majority of of of a half a the percent back anyways but hopefully that actually make sense. No no no that makes complete sense. Yeah it's it's yeah whether it be bitcoin or something else that big Wayne. It's not something going away for for quite a while at the very least and I'll say this to Bitcoin is facebook. There's always something that is the instagram. They'll be something twitter but bitcoin is. FACEBOOK FACEBOOK is the most powerful entity in the entire world bigger than president bigger than the than the Chinese government. FACEBOOK can do more than the president can. Hey look just look at how they blame the election action right. Yeah well and then I mean this is somewhat different here but going back to like you were talking about with twitter. I actually I actually just said what I was GONNA say. 'cause I was going to say what about when you combine social media Ashley. What up? That's kind of what I was getting at as well like what about about when you combine social media with the blockchain because at least now people are getting in trouble for all tweets but technically. If you're kinda smarter a little forward thinking you can go back and remove some of your Darrell tweets thing to do but would that remove basically even that option. Because again I'm still kind of a new year. I know like the whole thing with the blog. Like polarized they could write the blockchain code in a way that it's always there right. Nothing's the legal but or they could make it private in. You do what you want. You know that's the beauty of developers they can be creative and make things happen but anyways dude. I think this has been a great conversation. Jim Marone where over our time and I do believe that. We've had a credible conversation but Oh hold on hold on hold on. We have another Ash Ashley. Wants to join us on. What's up Ash Plato? It had the jump on. Cynthia are talking about my comment. Of course is non binary as your which. I actually respect that a lot right because you know you have the female which I support that that movement is well associations non binary is even core while one. It's the computer joke. Upon of course it goes all and to its community that I care a lot about of course of course well. I'm glad you joined on. We had the two females hopping on his guests and people balls so I can get out of respect to that actual symbols on earlier. Ashley obviously as is a good friend of mine as well. I'm glad that you're join on what you think. So so far tonight about the about the show. I only caught the last end of it. When you were talking about Columbus you probably disagree with me about about Columbus discovering America being an ultimately good thing? That's the reason I'm here to do by the way we've discussed this before where my family came from is absolutely just like an old argument. Is this like Not We weren't arguing. What as far as you mentioned in your comment here social media on the blockchain? I'm not familiar with these different. Social Networks here that you've linked like peop- it's dot com and streaming dot com. Yes Oh people like twitter but essentially essentially the idea is that because it's on a immutable ledger. It's censor proof however they have a front facing. Ui where they can have community standards like twitter or facebook. They can have things like we don't want hate speech on our platform but it will still be saved on the blockchain being posted and so the idea ideas that how do our conversations change when we know that they are saved forever right like a lot of things are on twitter. There would probably not like people probably wouldn't want to sign their name off to everything that they've ever posted right so people will be more careful as well as this idea that I you you will be able to post whatever you want. And it will exist on the blockchain forever and it cannot be censored however at least you know if they wanNA have community standards that protects their community community and prevents hate speech and stuff that will be hidden from the sun in the early days twitter. Though weren't they captured. Cataloging everything everything in the library of Congress. I think they stop. They've since stops but like I don't know I feel like people are just going to be pretty ignorant of the fact like even even if they join a blockchain social network. They're still not going to grasp that something. Is there forever. But maybe that's just like a cynical nature on Mike how people treat treat the Internet especially young people. I guess Yawkey talking. I'll be right back to take a phone call. Yeah and then. I'm also just interested in any blockchain projects that seek to give ownership of your data as well as Compensate you for your creative work so I think this is something that that you would probably agree with steam. It is a lobbying and social tool that you know when you receive likes and incentivizing you're sharing and people like your content. It should be you who gets rewarded for that. Not FACEBOOK AD AD revenue. Now that's a great point because actually like it's like I you know I've talked about this on this show with Joe and stuff. I'm still very much a new but it's interesting because I I'm listening like just this week. I'm listening to. That's a horror movie. podcast they just got they bring filmmakers on they discuss movies and a listener. Question actually brought up like word their opinions were as far as the blockchain what that could mean for independent filmmakers to be able to not only cut out the middleman for you know being compensated for their work but also if they do partner with a studio it's been known like whether it be music industry film industry. They always play around with their books and stuff on what they pay creators. And it's never even thought about it. I was like Oh yeah. Hey I'm hearing about blockchain here and just the you know out in the wild so how how things are starting to really seep into like all all walks of life. Yeah I saw company out of Demo Day for an accelerator Ucla the using blockchain for the film industry and what you have when when you have this immutable ledger was and the ability to create smart contracts. You can tie royalties to to people that are on the ledger immutability. And so anytime anyone receives compensation for creative work everyone attached to it can be rewarded as law was great though Ashley Actually got a question for you if you had a actress or actor because she's not binary who would your would your portrayal be Matthew Lillard. Okay cool urged all vote somebody. Somebody told me at a party. Say they said in your MANNERISMS and your appearance. That is the celebrity I most resemble and I never felt more seen like. He is me especially especially especially in him in. FLC Gray movie. I haven't seen on a long time ago. Jim Were you game. I'm just asking WHO's Ludi Green. They said they'll probably cast Rogan et CETERA. Organised right yeah. So who do you think should play you. I don't know Brad Pitt hit dialing. Yeah you know Fred Bit cast me cast them and actually going back to McAfee is movie they just cast McAfee Avi in the movie fair enough I was GonNa say if they cast. Patrick it might be a McAfee. Who would who would it be? Actually you know Patrick. Well I'll how who would play Patrick in a movie Cory Matthews Meets World Ya the bill for as far as appearance maybe a little bit. We're GONNA hate me when it's boy meets world boy meets world road. That's a great. That's a great. That's flashback. We all grew up with that. We not it was as my my my younger brother watch boy meets world. No Kid I mean obviously bill kid too I mean we all were TBS. I mean it was all their hell. Yeah anyways all right so bring it back to the intelligent conversation. Sorry dumbed down anyways. Well go ahead Ashleigh. Oh I was just going to say you know I just wanted to say hi you guys and and Chime in but have yet to dinner so and I have off well. We're all about to help out pretty soon. We're thirty minutes overtime period. I think it's gone pretty well. Jim What do thank. Yeah no I like that. We can kind of jump around a bit. You know we could talk a real blockchain use and then joke and bring up boy meets world sprint. Regale us with a little bit of a theme song. It wasn't so bad. Was it off. Great get right back down to business. Agreed Ashley what you carry okay. Choice usually something country or fleetwood Mac. Jim Bon Jovi. You gotta go like dead or alive. Bon Jovi I carry that tune. I got to stick with something. That's really basic like like some Tom Petty last dance right so I can I can I can handle that one. You know what I mean all right look anyways alright radio. I hope you enjoyed this episode. This live edition one of the The awesome and soon to be empire of media And blockchain at least and that is with also future co host. Ashley Meredith. Everybody yeah you remember her. She is leading the blockchain future of education. And I'm really proud of our really proud to know her Ashra Allston. Thank you for coming on tonight at the world. And you're always welcome on the show. Jim Thanks for helping me out making me. Look kind of cool. Jimmy Jimmy Fallon behind you. You Make Jim look really cool so until the next time Jim you WANNA wait his out. I always mess it up. I well crypto versus. You know the space belongs belongs to all of us. We know Joe Blackburn's doing we know most belts doing what do you do and it's all our responsibility to that boy all right everybody W._D._C.. Were bitcoin lives.

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Eps.010 - Jim Scampoli - Crypto n00b

Bitcoin Radio

58:24 min | 1 year ago

Eps.010 - Jim Scampoli - Crypto n00b

"What's up bitcoin radio. It's your man joe blackburn and you're listening to the w._b. Where bitcoin lives people. Today is going to be fun because i'm sitting here with jim. Scam police say hello jim. Hey what's up. It's major skimpily. Jim is the creative director for <hes> for bitcoin radio and me and gem among others. We'd all have conversations about. Maybe like like having some fun with the show at some point and you know we thought why not i mean it's after the mcafee of you know is a big one for us. Obviously it's been done wellness charts and and we are the types of people that want to relate and we wanna be you you know. We don't ever want to be too big for ourselves. I think it's really important to me specifically that you know that the the tone and the nature in which bitcoin radio began is maintained and that is because has i'd love talking about bitcoin. I love talking about the ideology and i like talking about this with with regular people. I want to be the bridge. I want people to see me as a bridge and so you know jim was like joe. You know so. Let me interview you you know. Let me let me host shells all right jim. It's your show man in fact a right now. It's actually apparently you know from everything. I've been told. It's your show as of now so should just stop talking. What's up damage your show while you know i just i stepped into the meeting after the mcafee interview and i demanded. I said all right well. You got mcafee mcafee you you you caught awale. You got a great big name in crypto. Let's fall it up with a complete unknown me absolutely well we service ad and then i was like editing it so let's do it but then i also wanted to flip the script because you're not going to interview me. I should interview joe because here we are. We're ten episodes in. Let's get a little bit into who joe is what his thoughts are on the space and you know maybe give a new perspective effective because i know of course we got a lot of whether it be traders or holders out there but you know their new people coming in to crypto all the time much much like myself. I've only been kind of picking up things here and there <hes> the past six to eight weeks so i wanna learn. I think you can all learn. Let's let's get down to it. Yeah and i also think for the record to people just a little intro and background on jam is a gym. It's not like this is brandon him early like i said he's the creative director is like he's been doing things like like this for a very long time probably close to a decade jim. Oh absolutely i've been too long. I guess if you'd asked me so you'll know like i mean you'll be able to tell i mean he's. He does a great job bob in all of this and <hes> you know he's also he's gotta show is called jim in them. <hes> and you plug that you know jim what real quick out of people find you jim in them. Well you can go to jim in them. Dot com <hes> <hes> i host a pop culture entertainment comedy show. <hes> you know the be wary. Sometimes we don't we get a little blue use. Sometimes we do curse so just keep that in mind but i think it's very funny entertaining show. I don't say so myself and i've been fortunate or unfortunate at times the have to listen to it but i've enjoyed it. It's a lot of fun and i do encourage anybody who especially today after you get a chance no general bit you probably you might want to be <hes> interested in how he does his his shows. There are very different the bitcoin queen radio. That's no doubt but anyways all right your show from here on out. I'm gonna shut up now. <hes> for those that don't know joe blackbourne is i mean he's one one of the guys when it comes to social media when it comes to the crypto universe bitcoin especially. You got my man over here now. I know most people out there like bitcoin. That's the thing that i heard about where you can like make a lot of money. Isn't that like ripple. They say isn't that like a theory and they say now. It's bitcoin might do. They're all crypto. We're gonna learn about it joe blackburn. Tell me a little bit about yourself. What's up dude yeah man. Thanks for the intro and just just just to make sure we're clear you know i never i'm a pretty humble guy. When it comes to this stuff but more importantly i i love crypto and i'll bitcoin because it's done a lot for me but i don't pretend to know everything either and i i hate to preface things that way but it's the truth you know but nevertheless yeah man my name's joe had come from <hes> from the south east corner of the united states <hes> i've been in crypto currency in blockchain bitcoin space since about the end of two thousand thirteen got a little unlucky initially back then bitcoin when was only one thousand dollars but right after body guess what we had this drastic in tumultuous drop down to two hundred fifty dollars. I'll never forget. I was the biggest idiot in the world right but ever since then you know i was able to. I just believed in it so i i didn't tell my wife <hes> that we lost seven hundred fifty bucks. I just kept moving along and i would add five ten dollars. At a time you know of course bitcoin was cheaper back then but <hes> and then i forgot about it for a couple of years right <hes> fortunately i got an iphone again a new iphone a few years later as noted and you know how i cloud shows you that little cloud. I don't love you even have an iphone jam but so yes right yes right because we we got that blue within blue boys. That's right. You know whatever i see like a blue non blue tech. Who is this full right. We all do you that we won't it may may we may not all admit but we definitely do that. I'm like man. Why don't you have an iphone. Anyways samsung haters out later but <hes> but anyways just kind of gets. That's the point here is that i was able to really start taking it. Seriously mid twenty sixteen. I really bought into not like physically bought in but i really mentally i guess you could say they bought in into the space and what i thought bitcoin what i believed in and then we just kind of take it from there. We'll see like here's the difference between me and you my man joe blackburn <hes> i feel like i had my first brushes with bitcoin like around the same time i think it was. Maybe it was twenty. Maybe it was even before for you but <hes> like maybe twenty twelve or twenty thirteen through little avenue. I like to call the silk road. Now i know all the coin novus is out there when they hear bitcoin they think of two things crime and they think of <hes> like pyramid schemes or a ponzi schemes star ponzi schemes now because at the time my brother would use the silk road to order marijuana off the internet. Now i mean i think about the statute of limitations. I feel are up bless. Maybe it's just a story of making up so knocking at my door just kidding now. I only delved into it for at the time to to buy people's hulu log ins and net flicks log is like this is how small minded stupid i am 'cause i'm like oh you use this thing called bitcoin but use like fractions of it because at the time i remember bitcoin was like eight hundred bucks. I think <hes> and i was like ooh who would ever spent eight hundred dollars in my mind. I'm like who will fuck would ever spend eight hundred dollars on bitcoin. I'm buying someone's netflix log in <hes>. I'm participating in crime. I don't worry hold on one second. Hold iran so like you were using bitcoin just so you didn't have to subscribe to netflix account six dollars back then it was like netflix hulu bitcoin where you said he could probably cost as much transaction fees dude. I'd have to pull find my logging. I would love to look up what what the like what i had purchase at the time like what it was worth now because you're telling me at the whole truth because you were buying that blog ends i mean it's not like they're twenty dollars twenty dollars today here's where it was netflix hulu. I think oh it was also n._f._l. Yes like nick but there's an international version so it was like i had a v._p._n. And in europe you could get like a game pass that was like sunday ticket but obviously direct t._v. Has stranglehold angle hold so that was one of them as well. It was just basically loggins because i was too afraid to like my brother was buying weed and getting shipped through the mail and like oh that's bad news. I'm way too afraid of that but yeah in my mind i was like holy shit eight hundred dollars for one fake thing <hes> i don't know about that my guy and and fast like i only did that for a little while then fast forward like three years later when all you're hearing about on the news is bitcoin as it's like eight thousand dollars ten thousand dollars twelve thousand dollars and then i'm experiencing foam. Oh if i could use some insider language well. I guess i wasn't really experienced phone because i didn't try to buy in because i kind of understood like game. The game aim was over. I think i bought a little ripple because i was like oh ripples the next one of course it wasn't but yet it's moments. Though i mean it went there was some the report made a lot of people a lot of money at one point. Yeah i think so yeah because i heard a little bit about ripple in a theory but i i mean i guess i was kind of the classic mark mark that like a lot of these bitcoin maximalists is out there called maximum maximalists because i've been hearing you use that term a lot and i'm like oh oh okay so from my understanding that someone that kind of puts bitcoin above all else correct i kind of use it my own definition for it because i think the the the definition has shifted a little bit but yeah you're pretty much spot on. It's essentially a true. Maximalist thinks that there shouldn't even be another coin right. I mean that's like the extreme. I mean that that's the original bitcoin maximalists which has evolved because back when bitcoin maximalism. I came into action to be an actual word. There wasn't all these all coins. There was like a few right bite vita that has now shifted to where big between maximalism essentially in the maximalists the true maximalist won't agree with this but the majority of the crypto world will bill and that is that you see bitcoin as like the daddy like it doesn't it doesn't go any further without it. Okay the i mean i guess ideally the lee endgame would be one one coin to rule them all whether it be bitcoin or if you left something else that has to be kind of the end goal correct <hes> you know it's it's kind of weird to. I say that because that's where we were at one point right you know we started with just one and we've evolved into a economy. I don't believe that's necessarily true jim but i understand why you would ask that especially someone who owns crypto who you know probably believes that we've talked enough where i believe that your overall your fan but you know you just. I don't have time to really put into it so you know because i understand why you asked that question. I'm gonna shape it like the answer to that is that i don't think that every crypto needs to go away but i think a lot a lot of them will die off right i mean i think it's healthy market for it's it's a capitalistic mark. It's a free market. You know you either going to survive because you're doing things right and people need. I need you or you will die off. That's the nature in which a free market. It lives <hes> because of the idea that there was this gold rush in two thousand seventeen. It got very perverted. The the idea of what crypto and blockchain was and you know that that i always say that you know people just assumed it was all going to make us rich. You know <hes> and it makes a lot of people rich but <hes> to answer your question. I don't personally believe that not no other coin or no. The token should ever exist us. That's not necessarily my stance. Okay well yeah but kind of what i was saying is like i guess i was kind of ideally like in a weird way whether it be that you're into crypto because you believe in the freedom and the potential. That's there or you wanna make money and i think a lot of people are in it for both <hes> i think i i initially i was that ideal mark like you kind of want a person to be a market. I where they're just hearing the rumblings. They're seeing the the <hes> <hes> the click bait headlines about all this money you can make so they start buying in but by necessity than buying in helping everything because now the price is going up <hes> because even like i do work as tech support and i remember at the time i would have people connecting to me because they're they're trying to set up there like bitcoin mining computer and they don't know anything and i you know and i barely know anything but i know more than them and i know they're kind of dumb and i'm just seeing that people are like they're having people remote into their computer to help them set up their crypto on like security wise. You're out of your mind. What are you doing but you know. That's the thing about especially early on in the in the crypto community. I wasn't really worth that much money right and so you didn't have a lot of people who had tons and tons of bitcoin <hes> who would who would really be at risk that way <hes> i mean the first bitcoin amount of bitcoin when i ever bought was through pay pal transaction from stranger on the internet you know so i mean i can relate to that anyways. I didn't mean to cut you off. Oh no no no that's great because like i don't know so if this has gone over gone over this or not or if this is a known thing but like what was the perfect storm that caused this big run was was it just the quote bulls at the time in two thousand seventeen decided they're gonna start pumping money into into crypto or was it just <hes> <hes> you know a a chain reaction of events just kicked everything into motion. You know looking back on it. I was still relatively learning in two thousand sixteen right. <hes> a theory had just been created. I don't even remember if it was the end of two thousand fifteen. I think it was like november. Twenty fifteen ish i mean these days could be wrong but when when the theory of i._c._o. Completed and it went into existence and they minted the <hes> in the theorem network was was live. <hes> theory really was i mean like we had other other all coins. Keep that in mind like coin doj among others <hes> bitcoin dark <hes> which <hes> you know which turned turned into eventually. I think it turned into dash could be does either way. There was there's several different coins early on in the in the early days that that started to exist right well mayor forks a bitcoin coin meaning you know they copied in pretty much <hes> just copied and pasted not cut and paste but copy and pasted <hes> the the bitcoin blockchain all right. That's the easiest way to explain it. I'm not i'm not a tech guy anyway so for me to explain the intricacies of it would be fail but to copy and paste not cut and paste the copy and paste the blockchain. Maybe make a few little tweaks a few sentences in between you know make it your own and and have maybe what they would consider some improvements. That was all that existed. Go back then write. When a theory came along it opened up this crowd sourcing crowdfunding <hes> style of of raising money. I mean we'd never seen anything like it. So there was no regulation minimal. At least you know would would be would be the best way to say it and the expectations were were not even there either. What is this going to go up. Maybe you know who knows well when the theorem. I remember the first time i even purchased the theory move six dollars and i was late to the party. I could not find a single podcast. I couldn't find but two or three decent youtube videos that could explain to me and i was calling it lethem. I remember this if the rim all right <hes> what does this either rio sitting there like asking siri like what's either you know oh and nobody can tell me anything and i couldn't really get any honest answers and you know what i everything i was hearing. Was you know about how about things. I didn't understand you know i i just wanted to know what the frigging thing was going to go up you know and so when i first bought it six within a couple of days it already gone up to eight and this is a year and a half after the it's not like ethereal theam had just come onto the scene or anything but it did just get on queen base right so there was this exposure to a theory on that had not been in there before but what happened with a theory was that a theorem created. I always describe it like this. This is not necessarily the best analogy but it's my favourite favorite all right and that has bitcoins the king okay. You got this bitcoin character sitting up top of this mountain like zeus crown on holding a sceptre. You know just like i just controlling the the the whole cryptovest and then you've got the city and which bitcoin rules and that city is called a theorem okay an and inside that city you have all these little shops and stores and businesses and those are what if theorem allows to exist is all these a little side projects these these these these businesses these companies that you can walk in say hey look i wanna do this and then here's my theory i'm that i'm gonna use in the city city of big or in the inland ruled by bitcoin and so you know i used that example for people who are just coming into the space who want to know what the heck does a theory of do what do you mean. It's a platform platform. I'm for what platform like. I need to go sing a song on the platform or you know. What are we talking about here and i i like to use that analogy for for several different reasons but ultimately comes on this list it explains in to answer your question which i've kind of rambled on about which i know it explains why people started becoming interested in a theorem and that was all these cities are the city's allowed all these businesses the pop up and then all these customers with all this a theory. I'm were going in there and purchasing you know from the stores in the. I hope that you know whatever they're buying was going to actually increase in value what you did and twin six twenty two thousand seventeen. You know we saw this. This incredible run all the way up to. I think like the theorem got thirteen or fourteen hundred bucks at some point and you know the idea that people were going to continue to make money kept bringing new people and new people and people telling the french tape man. I made a thousand dollars today. What thousand dollars on what on this internet money this magic internet money what bitcoin yeah what about what does this theory you know like you could use theory you can buy into this coin and then they're gonna. They're gonna launch and then you're gonna make money on it because everybody else who didn't get it on the <hes> the i._c._o. Is is going to now buy right and so you had this inflated idea of the value of of a theory but guess what at the end of that in into that cycle now you had all these projects sex with also theory. I'm who had to pay their bills right or the scammers. Were now just selling everything but you had all this at the rim initially that was bought and paid and then once that theory was released released into these companies hands then you had this humongous wave of selling a theory and so that's why we saw him. Go all the way back down ninety. Something bucks eighty. Something bucks at one point. Yeah yeah no i. I don't think rambling because i think you have to get into you have to put it in terms like that especially for someone like me or some of the some of the common folk <unk> out there to kind of put it in perspective so i do appreciate that and it does it feels like at least now and for the time being bitcoin is is like that brand that brand recognition. It's like the band aid or whatever where it's like. Oh get me some bandits. Get some bitcoin but you mean ripple or theory or whatever might be now talking about blockchain because i'm still like even trying to wrap my head around like what that entails. I mean obviously i'm not gonna ask issue to explain it but but what do you think like as far as a lot of people in the space i mean obviously there's very intelligent like you know technologically minded ended people in the space but when it comes to the voices what percentage of that are even people that are of that mind in or versus against as being more financial where they they they couldn't necessarily explain the blockchain nodes and whatnot but they just kinda understand financial sides of things and how that works sure i kinda fall in the middle of that myself myself right and i would say anybody who's still in this space that has someone jeopardy is past the point of the pretenders right. I would say even to the point. I would go as far as i say this. Anybody who's left that has longevity in the space at least leased has a pretty good understanding about what they're doing. Okay by default. You're not gonna spend two and a half three four years in the space on active level and not learn like a pig would know what blockchain is at this point right so you know i mean you know whether you're wink. Wink pig in in your in your mud hut in your sloshing around eating your your leftovers from the farmer or you know whether you are associated self or metallic for that matter. You know you're gonna learn learn along the way so i don't wanna talk bad about anybody. There are obviously some bad bad characters backers but those people are ten and i don't even want to put this on all because this could blanket traders and that's not what i mean but if you're only focusing on how much money did i make today. That's not somebody who i'm going to be attracted to just in general because i i like the ideology behind bitcoin. That's what i do here right is. I like to conceptualize what this does for everything <hes> and you. You said you know you didn't want me to truly explain the blockchain but let me let me simplify this. The basic principle behind a blockchain is the word trust lewis when you hear that word jim. What do you think trussell russell. What what does that just don't don't don't pander to like what my question is but just as a regular job you know what is regular gym just think about when he hears the word trust. Do you like your friends or something or <hes> you know. If you got like or an email you gotta spam list and you got like you're safe. Centers or something like that you know so trust lewis in the blockchain space means something very different and i would agree with that description. If i heard someone say that trust less or that's trust louis entity or whatever i'd be like like a negative that that's something that you wouldn't want to trust that person but in this space it actually means something a little bit different and that is there is no such thing as trust because it doesn't exist in this. It's trust less like you don't have to trust it because it's it's permanently perfect. There is no alter <unk> own terrier. There's no there's no other option. It's literally not something you even have to trust. It's guaranteed okay. I was hearing trust list. The list of things trust less restless. Don't pay no mind to my answer yeah so that's my mississippi br. I i feel i feel your thoughts on your saying. Trust less trust less less l. e. s. s. trust less and i don't know if your answer would change tremendously but l. let you kind of if you want to interject possibly what your answer would be trust louis. Oh yeah that would be like like a villain someone. You don't want to be around yeah. You know what i mean like untrustworthy untrustworthy great great answer and that's kind of what i was saying anyway and that's kind of how i was interpreting what you just said to me anyways but but it it comes down to this. What does a trust less the way. I just explained it. What does that mean now you. When you hear the word you don't even have to trust at its permanently perfect in this circumstance. How do you feel when you hear that yeah okay so now it is breaking down to that. There's <hes> it's not even a factor factor. It's not even something about because it's already just kind of assumed not even assumed it's just known it's. It's something that doesn't even have to be addressed. Yes you do this action. It is guaranteed now. The problem with humans is this is that we don't know what that feels like we don't have we've never had that option before right. I mean i mean the closest thing we have to that. Is i'm hungry. I eat something. I'm less hungry which isn't always true right. Yeah i mean sometimes. I'm still hungry or that's so good. I'm going to keep eating. I'm and i use a us. All these examples for just make things really simplified here. Is that when you have a ledger and in those of you who might be listening who don't even know what alleged means. If you have a document a piece of paper right you got a piece the paper and on that piece of paper you wrote down all the people who owe you money or all the people that you want included on your birthday party or all the people that a sense you mail this year and you know for a fact that you didn't miss a single piece of of of lettering like you didn't miss any may or you've got every person that you wanted to go your birthday party. You didn't missing soul. This document is now perfect. Oh i know exactly what it is now imagine if you never had to do that now obviously there has to be some input put but if you put everybody's name on there they were guaranteed to get their invitations or they were guaranteed to get their mail and it is documented that invitation left at this day day at this moment in this time and it was received by them at this day at this moment at this time for every single person. Let's say that lists us two million people long now not just seven eleven or twelve. How beneficial would that be. Maybe for voting right or how beneficial would that be for for on leisure side for gaming you you know and not to mention the most obvious use cases currency but gaming blockchain and gaming go hand in hand look politics. Maybe not everything in politics should be should be absolutely on the blockchain but everything that the government does might need to be on the blockchain right yet. Maybe not everything because i'm okay with government being a little but shady. They're doing things that protect this country but where does that line drawn anyways that's another shelter but and lastly supply chain where did this fake louis vitton come from and how did i get sold to it in a store at louis vuitton store as a real louis vitton that happens and people don't wanna admit because they just bought a fucking fake louis vuitton yeah so well because this this this ah i'm glad you're bringing up this because this kind of ties into going backs your mcafee interview because on the outside i didn't actually a lot of the talk i mean it's in the name crypto currency. You think you get this feeling that it's encrypted that it's like protected that it's private but he's opening up this idea that like you know even though he's a big supporter of bitcoin reaching the moon financial it opens up actually more privacy concerns now is that like where the blockchain comes in or is it that more is that more particularly to bitcoin and other coins are like what is the referring to their man. He used a great example on that interview and if you haven't watched it yet folks i would listen to it. I would highly encourage to because he actually brought up some things that even myself. I think about this stuff all the time right. I really proud of what i believe. The blockchain's gonna do for humanity. <hes> i'm libertarian. I'm liberty minded minded. I want people to be able to be who they wanna. Be without government intervention. I believe in government. I just believe in very small government so for that for that and that's that's an ideology that both me in being back if you share now what maccabi was bringing up was if the problem with the blockchain and and the transparency that the blockchain does provide is that you can transact this way and you can make things really simple for yourself but everybody everybody in the world who knows your address now knows all your business every bit of it and although those addresses that bet bitcoin has they a may not necessarily have a name on them but if you're familiar with who's addresses what or you know exactly how you are. What's the word and <hes> if if someone knows exactly where to find your bitcoin they can track every transaction you've ever made on blockchain because it's permanent and his trust 'less. You don't have to worry. It's it's literally all on there. It sounds good for government sounds bad for my personal interests right yeah so what mac the point mcafee made was. If you have a plumber come the house to do to do a job and that plumber comes fixes your toilet fix your sink right. He leaves. You know you send them some bitcoin. He can now look up every transaction that addresses ever use in an instant in its entirety now. I'll say this as bitcoin goes. I love it. I think it fits what bitcoin supposed to be long-term perfectly and that is this a store of value gold digital gold right ah you know i would. I kinda wanna know if i was going to invest in gold. Where did it come from. Was it from a spanish ship from long ago. Which is kinda cool or was it stolen from fort knox or we're ever probably not fort knox but you know where did this gold come from and to have the history traced. Forever is actually not bad if it's gold because i'm buying that as a store value because i personally believe you know that that's going to maintain value if not just maintained grow in value now. I don't like it as a u._s. Dollar replacement and i don't want it to be i've never thought of bitcoin is that and mcafee made the point that you know beyond everybody knowing exactly kalihi what in who you've been sending money to and how much it was and how much you got in your account right now you know because now you're not only that now potentially target right to be kidnapped or whatever but you know there are other alternatives and those are the privacy coins which that that is a i mean. I don't mind talking a little about something. You want to get into a bit but <hes> but that is a very very very very big hole that we can fall into yeah. Okay 'cause yeah now you get into more. I guess a cryptocurrencies like yeah. We don't get like super into it but it just kinda works differently on that end untraceable. Just i mean the same way that i i would say permanent a- and for sure you know trust 'less you it's guaranteed <hes> it's also you can guarantee privacy as well now. I wouldn't everybody use that well. It's a little bit. I don't want to say complicated but it can look a little bit more sketchy especially when someone who i'm in the united states as you are <hes> yeah i i. I don't think i'm doing anything wrong whatsoever. I try to abide by the laws of this land. I don't i have a freedom of speech first amendment <hes> and i practice it quite regularly and <hes> i also you know have of a of a right to privacy in my own home and things that i do and i'm not doing anything wrong right so i don't mind necessarily having conversations about it but i'm also not trying to become a target or try to look differently either. You know it doesn't mean. I'll never use privacy coins but i just don't need them. Yeah i mean i could see how it could be scary. If someone kinda ask your business or its own kind of has an idea suddenly of like all right so you get x. Amount of dollars in your x amount of bitcoin in your account. That's interesting interesting. I'll keep some tabs on that now. I you mentioned ledgers earlier and i have like a basic understanding. It's basically like a like a hardware wallets well. It's like oh is it is it. Is it almost yeah i was going to say. It's like a flash drive basically okay so you're coins actually never technically leave the network okay but your private keys ensure that you own those coins so no matter what you do as long as you have your private keys you were able to keep them safe. Okay so if you were to go to a bank and you needed to safety deposit box right and let's say that bank built a new bank and they removed all those safety deposit box to the new bank but kept the safety deposit box right. You saw your key your long who has a key right. If you lose that key what happens yeah now now. They have to crack it open or they got a crack it up. Yeah need some bad ass hacker or some really awesome equipment. Okay same thing thanks same principle. You can move it around as the key in your the only holder of that key your stuff safe. It's safe <hes> and that's essentially what a ledger is keeps. All your keys safe yeah because i mean like it 'cause noobs like me. You know we use coined base. We just we just discovered a few weeks ago. Coined bass pro makes yes. You feel like you're like now. You're li you're now. You're now you're trader. You feel like you got some cloud. You understand what's going on a little the time to make some money but yeah you know you see people whether it be like c. c. t. that's that's joe's group of course joe's hosa bitcoin radio also <hes> the crypt coin trader when people talk about like you know the exchanges coin base or i don't know people finance or i don't know crack in one of them and there's there's all kinds of things like i don't think a lot of noobs out there understand that you know when you're when you're monies in the bank like get your money's in the bank yeah. It's technically in the bank but it's not really like when you have your money on an exchange. It's technically not or your your cryptocurrency. It's technically not your thing right and let's get it on like a ledger or something like that. Yeah i mean it's not just ledger. There's there's several different ways you do. It ledgers you same thing as a as an app wallet. The has the same things okay <hes> quin base and look well. I i'm going to give a huge shot coin base. Nobody has done more in the united states and the united kingdom for crypto and bitcoin than coin base. They created an entry and exit point that was very simple familiar and easy to use for the average everyday person i don't care or what anybody says or how much their fees are they have made it super easy on me and my entire family and anybody else i've ever known to start and learn to start learning about bitcoin and crypto and buy some they it's familiar. It's like pay pal. It's like logging into your bank to an extent. Obviously it's different. There are some things that you might be unfamiliar with when you get there but overall the app is beautiful. It's seamless. It works it's. It's absolutely the place that i don't care who you are. What you say or what you're coming to me with or want to complain about quaint base absolutely provides entry exit point that makes it very easy for anybody using it for the first time that being said it is not a place to go trade coins. It is fees are high. Will it will take a lot of ups and downs for you to be able to buy and sell into actually make some some money and it would be very <hes> immature or very amateur. Maybe should i say of you to think of it as something nothing more than that. It's an entry and exit point and that's all i've ever viewed it as right now. They also provide some insurance two hundred. I think it's like two hundred fifty thousand whatever the minima it's like a bank. If you have your coins in there and for some reason something happens. That's federally insured that for two hundred fifty thousand well guess what that's familiar familiar for people as well and they feel comfortable with that because that's what they're banks. Tell them right now. That doesn't actually mean that if you've got hacked that you're insured that you're stuff's not going to not be it's someone logs into your account takes. Your bitcoin quimby. It could be like bro has has nothing to do with me. It's your own fault. You know you better keep stuff. Put back together. They're not going to replace your stuff. What what they're saying is if the bank went down and burned to the ground that the that that the money that was in that bank is insured to this amount it has nothing to do with your bitcoin and bitcoin is not backed by the bank either. Your bitcoin is backed by the price of the market and whether or not you didn't give somebody password right so i think it's very important that people remember those things. I don't want to speak as if i'm an expert in that subject but but when it comes to like this other wallets and you know i personally i. I have a bread wallet b._a._r._t. Well actually used to be called bread. It's called biaggi wallet now and she is very simple very easy and very familiar to us to and it's it's got a cool concept so i've been using i've used bread for some time since alex although he's no longer with the company nothing negative or anything he's he's off to other things. He introduced me to be already a long time ago and that's what i use is a very easy app to use yeah okay yeah and i think that's i think that's a good point because i'm at least the understanding standing just from reading around like i do get that i'm using training wheels or whatever <hes> and then when i when i don't wanna be lazy z. and wanna really like get down to it. I'll do some research and see what the best option is to kind of jump off but i think everything you said is true because because as someone that you know only saw bitcoin through crime and through different click bait articles goals when prices were rising. You look at something like coins and he's like okay yeah. This is easy. Okay i understand <hes> but then if when you try to cash like wait a minute what it's charging me this much because the the main idea even from the die-hards out there even from the people that would like scoff at using it. They have to still be of the mind of like what we still need more people we need. We need for especially if the idea is whether it be mass adoption or because as i mean obviously flee the the very obvious parallel is stocks and not that i really know anything about the stock market but obviously they use similar terms that kind of seems was like a lot of the the the whales or the bulls or the bears they all act the same and we kind of the idea would be to get away from that for lord to be more of a like legit currency correct yet. I mean and what you just said is very common. I mean i hear that all the time and this is where there's two two different perspectives like i come from a holder and believer in bitcoin perspective right and that's a traders perspective right it that that is the person who's he's coming in. I wanna day trade. I wanna make some money. I'm gonna i'm gonna get in get out. You know have some fun with it. Maybe it's a long shot but you know people who just don't don't rationalized is the blockchain and bitcoin for what it can be long term. Now i do both honestly i don't want to pretend like i sit here and do not doubt on each side as a holder or whereas the trader but what i do i keep i my perspective of what i believe. Bitcoin is going to do long term and i'm not gonna move that bash. I'm gonna keep that no. That's my security blanket. That's that's the that's the treasure chest had hidden like you know twenty five steps north you know three steps to the west underneath log doc. That's where i wanna find out here. In the woods you see right with woman in the kids and the dog in me and you know down here in mississippi bro you wanna find my bitcoin search and i mean the swaths bro right but you know that's that's kind of job obviously but not really want to bitcoin. It's not gonna be my house smart smart in that but the stock market comparison is a traders perspective. I'm a holder okay. I trade. I use these terminal <unk> terminology. I trade. I practiced the same concepts and and i've learned from the stock market. Most people coming into the bitcoin era or the bitcoin world were in a stock market market era at some point that have some perspective of what the stocks did or penny stocks or what it might be to go trade. It's going to go up from here. The traders shape the the day-to-day markets. Okay they also can induce a a sell off or they can induce a by up right. They can induce a bull market but ultimately comes on this supply and demand. Do people believe in bitcoin deplete people believe in apple. What what makes a stock go all the way down bad news. What does it have to do with the trader just getting getting a fear. I guess right and there's a lot of manipulation but honestly speaking you know. The news constitutes the base price. What is the base price of bitcoin well. What is the price that it'll go down to until everybody thinks it's a it's a steal a deal the traders leaders and the holders they work together holders. Keep it rare. The traders make money off everybody getting in and out they don't most holders like you care if you bought it at at six thousand or six six thousand seven dollars at this point no but to the trader every dollar matters every cent matters they wanna get as low as they can where they want to they want to sell it as high as they can in buyback low right and i'm not meaning to get into the margin shorting longing cetera but there's there's. There's a lot of different perspectives. I just you know it's really important for anybody walking in especially if you're if you're comparing into stocks that's a different perspective than i hold. You know. I'm i'm holding it because i think he's gonna be hundred thousand dollars at some point soon you know well i mean i guess it's not that different from currency in general all because what people with enough money do with the similar thing with currencies and whether the dollars low they want to buy dollars and they'll put it into something thing else because they see that come up i mean i'm not that wealthy of a person to have a lotta knowledge on that so i'll just throw that out there. I mean when i was going to tokyo. Oh i've been at tokyo though and that was great because i'm buying all this yen yet thousand written and i'm like i'm sitting here i mean when when i was in tokyo i was still even confused when it's like ten dollars and i'm giving them like <hes> you know basically a hundred bucks but i'm thinking it's ten dollars hours yeah so you know that's coming from sometimes but then when i went to london i'm like what the fuck now. My money ain't worth shit <hes> so yeah same same idea i suppose and yeah i get the like i see the the holders or the holes whether it be in your on fridays i like that yeah hodler's and i liked that i liked that point of view <hes> because that kinda shows people are in it for the long haul long-haul they believe i believe in the potential and like i guess the freedom that it could bring but it's got to be tough because it's it's from the outside. It just completely looks like stocks and that's why you go into you. See people with their charts and you see like the hourly or the daily or what have you and i'm i'm sure this has been touched on. I think you've even touched on this and bitcoin radio. Is there a lot of fear because i know a lot of people think we're on the road to one hundred thousand or depending on who you talk to. You're on the road to a million. There must be a lot of fear that there are these other people that have been waiting since twenty seventeen twenty eighteen to i just dump because they feel like they lost a lot of money when it was at the all time high now there's got to be this idea that once it hits the previous alzheimer a lot of people are going to dump trump. They're shit or do you think they've come around in this time where they're they believe in it. Now man this is this is one of those human psychology questions yeah yeah and i always i always tell people. I'm a really good example of this because i have. I'm really passionate person. I'm very susceptible to foam. Oh right <hes> i will buy at the peak at times even to this day like algebra whatever you know if i'm buying and it goes back down hauser's because i believe in this but i don't want to miss the train so this is what happens though and i'm just gonna shake this for you all right jim. It's twenty seventeen flashback early. December sixteen thousand dollars bitcoins headon. I'll wait would you don't know this yet but bitcoins go ahead in nineteen thousand six hundred dollars but she bought a whole bitcoin for sixteen grand. You celebrated christmas had a good time. You know get your bitcoin is going up still eighteen thousand dollars and you know you wake up in january after your hangover from january first and all of a sudden you start seeing bitcoin good and you're like oh man <hes> let's okay. It's gone up three thousand bucks two thousand dollars. You know no big deal before you know it's february and you're down two thousand bucks. We're down back down to thirteen fourteen you know and now we're down at twelve and it's an it's an it's march and before you know it we're ten thousand and you're down six grand off your one bitcoin purchase but you committed to this. Oh man whatever never it. Maybe i'll try to buy some more. You know i i believe in this or i'm not gonna put him more but whatever but now it's january two thousand nineteen year almost year and a half later not quite a year but a year later excuse me and it's three thousand two hundred dollars and you haven't sold yet. Have you sold no. You haven't sold you mean. It's not worth it to sell now right of course not no way. Hopefully you bought a little bit just the average down but yeah but of course you didn't jimmy because you're just like everybody else and they didn't you know but now queens going back up and now it's march april may june and we're back eight nine thousand bucks and before you know what we hit thirteen fourteen all right so we've got back down what around ten thousand dollars they don't know exactly where we're at. I mean look at charts today but at this point if if you have not sold and then you watch this trek back up and everybody starts talking about thirty six thousand forty two thousand dollars potential bitcoin and we actually get back to where you're even. Are you going to sell now yeah now especially if you laid it out and i'm putting myself in that mindset it's it's like well. I've already. I've been at this long and it feels like things are on the come up. Let's ride this out. Let's ride this bitch and and what what is that in in human instinct. What is that that's foam. Oh that saying this is. Why about it the first time i had to wait a little bit longer to get there but now everybody thinks it's going to go to three six thousand which i also agree agree with that. I think i kinda pegged if we if we come back to all time high and pass it and can can sustain some growth over the ultimate icee thirty six thousand is very much an reach that is not a prediction that is just how i look at the charts and how i look at cinnamon right now and say that's what people believe is going to happen so because of that people were going to buy and hold people. We're gonna start buying right now. They're going to sell them. They're going to make you know three x three hundred three hundred percent because they're going to be smart and they're gonna hold on to that point and then we're going to have. We're going to struggle at certain at certain. Didn't you know roadmap. You know benchmarks that you know. I mean twenty thousand dollars across. That's going to be difficult. You know why because humans value that two zero zero zero zero as o._c._d. Mark where it's kind of difficult to pass and people are like i'm happy at twenty thousand so we're gonna touch bernie. Come back down or we're going to just bless right. I pass it like we did ten thousand. I remember when the first time we hit ten thousand dollars you don't happen. I was like oh. I'm selling right now. Like ninety eight hundred like i mean i was riding along for my sixty six hundred bucks right. We had ninety eight hundred tel. We're going to ten thousand like oh man. It's going to hit ten thousand. It's gonna collapse. I better get out and before you know it alls buying back in the eleven thousand dollars yeah again. Stop and you know my favorite is just from like an outsider's point <hes> perspective like reading c._t. And stuff like that because you know everyone's runs got their charts and they're interesting to look at you could tell that some people put like a lot of work in like shadows the tim pace i like that and he he puts some good stuff out there and then other random but some stuff up sometimes it's thrown together but you'll always see the commenters that are like nah how fun it's going to three and and i but i i feel like there's a few like <hes> places. That person comes from. It's either just straight troll which is fine. Those are fun or it's those people that are hoping because they already sold at eight or something and they're like faulk. It's going down and they're just they feel like they can maybe put that energy out there and mike scare people and hope it'll go down so they can buy back in because they know it's going back up. Yep now. What you just said is essentially true but you're missing of really key component in that's the day hey trader okay. The person who do you and this is obviously. I don't know how much i know that it's minimal and the investing world has admitted earlier but do you know what shorting is. I have like a basic understanding where like you you might even just by at say. It's at nine thousand you buy nine thousand then like what cell when it gets to like ninety five and then it goes down and by again like with the extra money or something is that so it's like this. Let's say and we're just gonna use even numbers here because it's simple but let's just say at ten thousand dollars. You don't think is going to keep going up so what you do. Is you have zero bitcoin. All you have is cash. Okay okay but you're gonna bet that. It's gonna go down so what you're gonna do is. You're going to take your considering the banks. The banks bitcoin you're going to actually borrow bitcoin coin from that bank and you're going to sell it back to somebody else okay and what you're gonna do and then hope that it goes down and then all you gotta do is return turn bitcoin you borrowed so if you borrowed one bitcoin right all you owe the bank is is when bitcoin all right but you soul you borrow the you borrow that that at one bitcoin from the bank but then you sold it to regular people or whoever it was that bought it from you and then after it goes back down to nine thousand dollars you then by that one bitcoin back so now you've got that bitcoin at nine thousand dollars but the bank doesn't care they just want their one bitcoin back pocket the different house and bucks okay in two thousand dollars right so that's what shorting is you borrow the bitcoin. You don't have to have any you borrow that bitcoin bitcoin you then sell it to the open market and then but here's the thing is if it goes up now. You owe the different so if it goes eleven thousand you bought it at ten. Now you're down the extra thousand bucks. Hey hey that's the risk you take now. I ask that question because i explained that because that day that day trader who's on that who's in the form saying oh you know what's going down to ninety two hundred dollars today like short it now because he's trying to pile people on so you just turn that long potential long buyer person who thinks it's going up into on. Maybe i'm gonna short it today or i'm gonna tell my bitcoin and help the price. You know have some pressure half suppress the prices. You know where you're you're. You're selling into that that market which which is one less person. That's going to help the market. Go up you know and you're in essence what you're doing is you're trying to manipulate the market and this is anybody who ever talks talks about market period. You know everybody has an agenda everybody. Some people do just give their opinions. You're like oh. I can look at the chart doesn't look like i would buy right now. Okay that's a fair. It's a fair assessment but when you say it's going to go down to nineteen hundred there's probably some facts behind that typically the people who get prices interest forever right so you can kind of go back to i go back to people's predictions all the time including my own and just to see where we stand compared to to to what i was thinking back then but you know there's there's a excuse. There's a reason why people say these things yeah well. No that's great because it's like a great parallel for just like life in general. It's like joe. Who do you trust man. Who can you trust out there. Some people come to you smile in your face and they tell you it's gonna go down to five thousand and you better cell right away. But are they right or are. They just trying to get that fear and you 'cause. They're trying to make something themselves <hes> well. I mean i don't know how much longer you wanna go. Oh but maybe i hit you with my own version of quick fire here. Go do it bro scared and i don't think you're getting you know what and before. I even asked this question. I don't think you're gonna answer threat because go ahead. Here's my thing with joe. Blackburn joe blackburn gets pretty political. Sometimes sometimes not political political but i mean like like a politician. I we you rightfully. You know you wanna be you got that southern hospitality. You're polite man and that's great but joe blackburn. Who are you beefing with right now. Who are you beat. Who do you got beef with the devil the devil i mean here's the thing is that i do not hold grudges or people that that i have gone back and forth with but the thing is the haters make you famous. I mean look donald trump got elected because c._n._n. Wouldn't stop talking about him. I stand by that. I don't care who you are what you say c._n._n. Made everybody either love or hate donald trump have they just never even talked about donald trump. I swear to god he wouldn't have even been the last three so let's thing if someone's beeping with me i mean okay with it you know. I don't think i did anything wrong like i'm sorry bro but no. I think that's totally right because if you if you if you look at something twitter for example and if if you see someone someone's name trending a lot of times it's just people either saying like why is the sky trending why is so and so training wise those trading real not realizing that they're making that person trend like you and they probably hate. They're like hey this person why they try and and it's like well. Why are you contributing so and then we'll get on and then you're like oh yeah. This person sucks you know just contribute to the madness exactly now. You don't have to answer this one but do you think anyone's beefing with you. Oh i hope so yeah that's good answer. John mcafee are beefing that star some beef of bat mac i would i would. I would inherently just like lose that like there's no question it's not something i can win but but i would love to have some beef with something like that. Donald trump beefing it. You wanna call 'cause. He called him out actually yeah that's good though because then you get like a bunch of people that hate them just on your side immediately easily. They don't even care anything else about you. Just don't like trump and for the record that's not. I'm not like talking bad about trump there. I neither love or hate donald trump. I'm not like your typical oil merican who has just one set opinion <hes> just as a preface or as a post disclaimer anyways but hold on hold on to my answer that is verse off. I also i did call donald trump recently. I said next time you talk bad about bitcoin. Can you please tag me yeah. Let's get call now joe blackberries dont have you ever had your heartbroken of course not harm stung bro the kid dude things are perfect all the time. I'm not even not in like junior high like man yes of course now obviously i was just being bad ass yeah dude we all we all. We've all had some some something like that but i'll tell you my biggest heartbreak has come from the university of florida florida gators football team which <hes> when steve spurrier left the gators <hes> <hes> to go to the n._f._l. To be the head coach my heart was genuinely and real like no joke. I was depressed. I didn't come out of my room. I was mine. I was like fifteen of time but i was really disappointed. I remember exactly where it was when he said it and then reminded it to me afterwards so say what you want those were by biggest heartbreaks why you could tell that that's that's real talk doc because you like remember the time place you remember where you were. It's one of those you know. Do you remember where you were. You were when kennedy was shot type questions as a confined exactly right and i'll tell you this to to kind of add onto that is that when urban meyer actually retired for the first time my ex girlfriend at the time was a pretty recent ex girlfriend made sure that she was the very first person to let me know that that happened 'cause she knew how much you meant to me sweet the one that got away no no no not clearly yes. I know just mature milwaukee. I've met joe's family is a wonderful family is the lie he has a lovable wife's sweet as a button <hes> great home <hes> <hes> <hes> now now that i say that forgive this question. This is a couple of weeks. I got a couple of blue questions to ask you. <hes> are you tired of dick's pussies and astles a couple of them all the above a couple of them. I mean it is what it is you know grown ass man and and <hes> the last one this is just this is what i i asked these questions to anyone. I have on my heart questions by the way you are not going easy on me. I've i have a few other ones. I can't remember off my head. There's other one when it comes to porno now. If you ever did partake whether it be pre-marriage whatever you prefer a storyline nine or gonzo where scene that's that's a really interesting question. <hes> you know i'm <hes> i'll have to answer this like you know. I'm an amateur podcast saw. The amateur amateur aspect would probably be what for me best. I appreciate you even even even attempts to answer my questions. I think are very relevant to everybody. Nobody who listens to this show at one way or the next i i mean i guess i think that about does it is. Is there anything you think we might have missed on that we should we should get into no you just killed at jimbo and i'll tell you this to hopefully there will be many instances of our you know tag team combo on this stuff. I didn't really get to ask you a lot of questions this time but i'm sure we'll kind of go back and forth and we'll have more than one opportunity absolutely no. This has been great. This is a blast. I hope you had a lot of fun as well joe. Thank you so much for partaken some wisdom on me <hes> especially when it comes to the crypto verse i feel like i feel like your passion and your knowledge. It's it's it's infectious. It's it's easy to pick up. I think that's why <hes> your perfect to host the show like bitcoin radio and <hes> thank you so much well jim. That goes both ways you. You did a phenomenal job. I hope i did not bore you too much and until next time i am so grateful and we'll look forward to when we do this again all right bitcoin radio. You heard that you heard it from the man himself. Not me this time but jim scamper away jim. Thank you so much today for <hes> coming on and having some fun. I know you enjoyed it. Oh yeah absolutely i. It's very knowledgeable and thank you for having me on a lot of fun absolutely all right. Look bickering radio. Listen you know what time it is. It is time for you to hear how the kripo verse belongs to all of us and what that means is that means. It's it's our responsibility to take care of it. Don't you dare faltering those responsibilities. We gotta do our best. We've got hey we are the perception of the public. So every time you get a chance to learn learn to listen to get better at explaining these things do it and hopefully i was a decent example and for all you haters out there. I like you too all right until next the bitcoin radio we'll see you soon as again jam for the awesome time. It was amazing and we will back at you and a couple of days. Wait till you see what's next.

joe jim united states joe blackburn mcafee mississippi europe director samsung netflix brandon bob youtube fort knox joe blackbourne iran
eps.028 - Trey Ditto - CEO of Ditto PR

Bitcoin Radio

51:17 min | 1 year ago

eps.028 - Trey Ditto - CEO of Ditto PR

"You're listening to WBZ were bitcoin lives. I hope everybody's having a great week so far bitcoin hovering around eight thousand dollars. I know that at least Bitcoin Radio Joe Blackburn it's something that is really still probably being discovered a you know there's probably not a written ticket on this is how you're supposed to do things like can you can you give us a broad brooks and Dunn he did claim that they were part of the death of country music now that may or may not be true but I personally don't feel like it's there might be elements within Brooks and Dunn's music that allowed a certain level of acceptance to a sound right but I don't think the downfall or the beginning of it they allowed it to be acceptable for men in country music to sing in Seto and that was the you know just overview of what Crypto PR is maybe even compare it to maybe what's so different about traditional pr I think the thing about Crypto PR in PR today in Crypto he's actually somebody that I've had a chance to get to know over the last couple of months his name's Trae did oh he is the CEO I guess you could in call him just the general bad ass of his PR PR and is also someone who had some some fun run INS and we've actually had a little bit of on facebook and okay so first off just just a rehash this trait that wasn't that the whole conversation that we have by the way now I don't disagree started by people who wouldn't traditionally be spokespersons company I came from politics I've worked small company also getting a lot of random emails from people say hey we want to hire pr firm. Let's talk when I get back and think this is October so there's a lot of the John was the gateway to tonight's Wayne into rascal flats if there was no brooks and Dunn there would never have been he's messing with each other he did happen to call one of my I don't want to say favorite country bands but at least one of the musical talents that I consider part of my childhood projects that are thinking either one our pr firm sucked this year we need a new one or you said Bitcoin not trying to get a grasp on what I think's GonNa Happen next and guess what just like you I have no idea so we're going to bring a subject matter expert on I saw this really starting in for me in twenty seventeen with with the the token sales these are project on who you're talking to Crypto is is is the audiences are so diverse I remember in two thousand seventeen necessarily the truth and I know this is all good good good fun here I'm GonNa go ahead and bring trae on so he can defend himself while he cannot speak I just think it's fun to be able to take one over his head a little bit and I appreciate you coming on trae little bit last minute was able to snag you up man how's your day been it's been busy there's a lot of people at Defcon right now it does make it a better day right at least I know it's not anywhere crazy the goes up great if it doesn't it's the opposite it can be a little frustrating been watching the charts all day well that's a good that's a good lead into really my first question and trae obviously I introduced you you're the CEO Ghetto pr you are trade Ditto CRYPTO PR which is eight will help make another jump here by the end of the year and you know where does that put projects you know for twenty twenty right anyway lots of spokespersons with many different audiences all with different events it makes for a challenge that's a really good point I also sometimes these are you know let's just call them centralize platforms right it could be a centralized exchange can be I think one of the one of the big challenges is making sure that the people who are speaking on behalf for project are ready to talk to the press he's banks an these are like you know senior well-polished media friendly spokesperson and what you you know survey longtime for those of you who are not familiar with the trade Ditto you can go on youtube like I did and you can search there he does have several and see if I can rub it in but anyways here is what's up trey from dopey are I won't bore people too much with our nineties country debate irks and you know someone who would not be you know the media darling this was two or three years ago says so crypt. MPR A SECURITY A- product ledger you know these are just centralize companies standard CEO the other side is these are you've got the maximalists you've got the day traders not cut news even in that community VC's and you've got finding who's your spokesperson in centralized project and again it's just about like clearly defining what you do depending on you know and that was one of the questions I was going to ask you is in a world in a space that has like three or four even really may niches how do you actually dive in and break break here is a one hand you get a couple of developers that have decided to start other crypto charts vitality great example right of gets people so the community there's so many different people that projects have to talk to that that's probably been so you take a decentralized community is the the ball move forward into more centralized financial sir chain can solve anything and and decentralisation was pretty hot topic what we've seen is family owned niece to to buy into a token sale it was a it was a very crypto world and again like a lot of it is kind of financial services focused right there's challenges there's complicated products there's futures earned the respect that you deserve as traditional pr goes what where would you say is the biggest difference is it a maturity of a market or is that art and figure out which one fits best but you know we can that it's actually going to tag along with the question I have here in a little bit so I'll put on that side but you know you've been doing pr this there's this financial side that's forming and then there's still this like purist decentralized you know world as well uh-huh stepped up decried where a J in probably seven eight nine other spokespersons stepped up so another tricky thing about crypto PR is a the first ending entry. Okay so we'll disagree on this I'm not saying you don't have a point but such begins being raised friendship right and and you know we we saw like it was just crypto heavy because of the token sales absolutely but you meant you had record videos and some very influential people that he's he's had the pleasure of knowing and speaking to and speaking in front of I mean all sorts of different things and try you have done a lot and you you you really spaces doing yeah I was actually thinking about this today and I I say with all humility which is like between our clients which are it's interesting like the PR guy a pulse on it I think like in the mainstream world I think that soon so thinking about our work back then again like a narrow to get example and then I worked now India decentralized project you know wear who's the spokesperson there's you know her so we worked with Minero for a good amount of time so lucky like typical to like all basic markets that start off in some capacity it's getting question I mean I think about you know I mean give me twenty seventeen and I think everybody thought like Oh like maybe maybe this is your toes and it wasn't like this this has been flat this year interest and and they they don't they're not mutually exclusive and they collide which is why I see a lot of traditional PR verbs training all tier one projects froze right from decree Auger coin list to Celsius to Anchorage to ledger between our client bitcoin is still what it is and then gets I don't know if it's boring still as we kinda hit hit thirteen came back down to ten Dan is starting to raise up your someone who who's got his hands in probably many different fires around you know the great city of New York I mean you're you're Texas boy you've got you own some boots I has continued to wane a mainstream united the volume proves that and and then you know the perfect example to is op that will will bring in more mainstream people and an projects that hire us it's really about like the new business calls I take every day and just like I conversation in the community both on twitter re-live it's Oh you know people all over the country but the world do you see people outside of Crypto at this point maybe with more interest or more credibility at least given to this is still the crypto and you may you may understand relatives but like the second you put your into crypto twitter it's going to get approved by the sec on you told me I should I should buy some bitcoin ran up to that and the market was different you know the the so I feel like people like two thousand seventeen like Oh yeah you've been around its benchmark say so guess what Drake you've been around I have like in two thousand seventeen back the news that back was going to do something has been rumbling out there for some time now earlier in the year you know seven eight months ago we were just at the end of that crypto winner in six months ago you have been like Oh backed is gonNa do a futures product and it's been and so I think people tried to put crypto into one community people who've tried to coin into one bubble but the truth is that there's option and speculation because honestly speaking we're still waiting for credibility in the market defined value and even just one of these tokens right now the future transactions were low and I think it just shows like we're we're still like it's still cool out in the community thank were that's the way crypto works and that goes for all coins that goes for Bitcoin that goes for like coin theory at all all coins in the space they revolve around the person don't pretend to be only in the space of members in two thousand seventeen everyone was saying they were in the space in twenty fourteen so it's GonNa cut off could be a dangerous place that's for sure no Great Britain points their tray what would you say the credibility from the outside looking in lament coin telegraph mark goal like that but when we think about the crypto community now I mean that's just you got the Hodler's one of the takeaways was it's bitcoin everyone else which is your because you ask any person out there on the street what else GonNa ask you next is at least fits into it is trey what's it GonNa take for the next big wave of crypto on PR scale right there's gotta be good news and speculation all these all these projects would say we just want to target the crypto community and you know I just kind of nodded and smiled as a gift and I didn't even know what that meant I the projects are still struggling to survive I thank you know tomorrow but we're I think we're all waiting for what's that what's that next. If not thousands of coins being over valued by one hundred percent I mean a thousand percent or ten thousand percent if not more at different times like how do we control this to an extent where can be answered so you know when will bitcoin yeah go more mainstream or the general get into the space thinking you know we've we've worked with the bank before report to the Asset Management Company and the truth is that when you're on the new business at a prejudiced me I know like what news they have coming up I know how much money they're willing to spend on pr so I know where where the budgets rat too so am I going to hold onto it because two hundred thousand million am I going to use those and be able to conduct across order transaction up a medium of exchange so if you're buying bitcoin or you know look like I look at companies like Raleigh where a plain and simple bickering far too cheap I think bitcoin still too cheap right now right I mean that's all relative till tomorrow and that can all change in an hour and when we're at thirty five hundred dollars in Bitcoin you know an end lower thirty two hundred you know and and we did see you know with the anticipation that good news was gonna come and that the we're not giving too much anticipation that this is all going to be like super super rich but at the same time still keep people's interest I mean is this age old question or is this something that you think a great bitcoin has great brand awareness but a bad narratives that make sense you're no of course that comes with time so that's that's a that's actually steps on the on the retail side again like I don't think people are are using bitcoin for its original purpose right which was a revalue but it's like it's like at the very end of a store of value and so for on the institutional side we can go and I think one thing we did learn this year of is a bitcoin and everyone else I think we being prepared for that for the nets that's a good answer so you bring up a really good point their trade and that is not a not necessarily argue with you but I do look at it's with all humility is I I haven't pretty pulse on my kind of what's going on out there because I know what our clients do I know they get to look at it I guess from two perspectives there's the institutional side in the retail side you know in Bitcoin is still a I don't know if it's a store I love Alex of Matt People and I think it's a great example of a company that is making bitcoin accessible in digest and I say cryptocurrency like what I say bitcoin they're like they've been bitcoin has we are we have a long ways to go but again your average person if I had if I if I gave them a bitcoin they wouldn't know what to no I don't disagree with you and Bitcoin was there's still the idea that people have to appreciate the value and as you said there's a lot of misconceptions and a lot of misunderstandings and a lot of it's actually pretty valid for the in communication side so there there are people like Nathaniel Whitmore who are working very hard to solve the heritage with bitcoin right there are there are people like Jameson Law who have a whole website dedicated to bitcoin education so the people are it's intimidating how smart they are and and a lot of those people are are in in the marketing added this ICO height unfazed a token sales came and went they they still haven't purpose you see. I don't think that the average person knows what to do with Bitcoin and again that's the narrative that any damage probably it's I think the the the real question is how do we get institutions family offices or funds and I could high net worth individuals that's that's something that I think over time it's just it's just a matter of time and it's not like that has to be fixed tomorrow in even if everybody did not they still do how do we get them to accumulate slash invest in Bitcoin right I think that's kind of the first that's one of the first I think what you said about time is interesting which is when I think about it by the way I want to be able to give a shot up to Morad we learn bitcoin into thirteen and by the way you know hovering at ten which nobody nobody into ten or eleven to like end of the year so still never heard of bitcoin or two things it's drug dealers and it's not there was a narrative there's a narrative issue that still needs to be solved and for adaptive capital she he he told me he goes the only thing we can't change as time and it's an only time at the moment to to really bring aware awareness to wet crypto currencies doing and they are the little brother they are the silver to Bitcoin gold and for them to be you know like coins into these discussions with these higher up exacts and with these people that are are really branded really well that might or may not they may or may not end up using this and be infusing themselves to the NBA The MLB teams at least the have the conversation this is what we can offer you and I had David Schwartz on not too long ago and he was talking about that and people getting excited but it's got to be for the reasons we can't go through a two thousand seventeen again where you know for no reason up to fifteen hundred bucks right we can't go through with all these hundreds Bolton but like an honest which I what I sa- Toshiba's I stack Adele says in then what am I doing lockstep you see Ocean Protocol you see now they're still took in sales going on but we didn't we have reasons why they think that's what I thought too at one point right I mean it doesn't mean that it's right and I also think here's some getting is gonNA most par we're coming you can buy and earn them by the way what's that I just had them on bitcoin radio I don't need you trae looking at my transit actions and seeing I have twelve light coin in my wallet or one point to Bitcoin wallet and that's what my will allow a bitcoin and a couple of other crypto currencies to evolve and mature we get to a stable point we have some bad players in the industry fully defines US agree yeah so so that's the good news ed about being careful with what we want and what we wish in what we asked for because I don't necessarily want everybody knowing my business anyways yeah and currency right I mean like it's really frankly you know it's up to debate what Bitcoin is going to be but I will say this and I want to interject coin lycoming delinquent gone dacians doing a lot who who's taught me everything about monetary and Economic History Morad who has a fund Amsterdam intertie steps in when we look at the history of money they they're trying to lead way far ahead and then so I coach to what is historically been the history of money going through you know going from a collectible to a store of value to as for like when personally speaking right now you have a you brought up a really good point in that history of money and the idea that things kind of need to progress in earn their way I think it's a really good no I completely agree with that statement and I look at it I you know I mean what happens women everybody knows about bitcoin does everybody rush out and buy it or does everybody just US NBA team with with the Milwaukee Bucks that they were working on a mentioned a couple of other teams that that he was that he had some some traction within that they were going to pursue Glenn goes the million dollars or is this we have the ability now to have a decentralized and transparent government I'd see these two things is very different and very extreme currency's be created to supplement bitcoin and still not be subject savings as you know exactly what I'm worth right I mean we're credit checking ourself or socially checking ourself in this in this chain sphere so there's a lot to be the transaction slowdown in the network becomes more expensive to us I do believe that the store of value effect idea that digital gold is what bitcoin is going to be is going to have to be supplemented by something right and so I think silver the silver coin analogy at least to an extent ball I think there is on that just based off maybe some of the things I said change your mind about how you feel about is there a supplemental aspects that coin can fill absolutely let's and and again his back to the previous thing I said right which is I think Mike Coyne has tried to skip a diesel fuel that I just had to fill up with no I'M GONNA pull out cash or give them a debit card something that makes sense and as bitcoin becomes harder to mind as that means I downloaded wallet right and you know kind of based on certain regulations we're hearing now that means is there like an am l. KYC it's it's a good debate probably one that I'm not qualified for nor me I'm not either which is of can but it's the conversation it's becoming acceptable it's becoming normal and as things become normal I definitely see the benefits of what crypto brings now is this in a peer to peer transactions and because it went up in value people held onto it and then like coin tried to base it on we'll we'll just be bitcoin for I'm not gonNA pull out an ounce of gold get my chill out chop it up you know get a little piece put it on a scale hey go cashier here's my you know one point two grams worth of you know it's kind of in the same place as it was yesterday right it it's it's Bitcoin and when I can have a little bit of normality and consistency to some degree does needed move exchange interesting a really really good point trae and you know I mean I personally view bitcoin gold right like if I'm going to go to the gas station seed in the AFC stuff happening on a mat so I think like coins actually a little head of bitcoin and a lot of ways because they actively had like Win Foundation Inc due to store and use light coin or any cryptocurrency and and I still think personally I remember the first time I had years manera point and I have never considered that that as a as a issue and you could probably say that about a lot of these coins that are skipping steps in this capacity and they're not and Bitcoin crypto in have brought together some of the smartest people in the world's outside blind two weeks you know and it's really funny and it was super frustrating and I met her you know right now is the on ramp and the friction you know it's it's not easy it's not easy to being that true credibility inside of themselves I from inside out even but anyway but to my point here is that could you see yourself changing your mind oh I didn't think the light the light coin which I'm a fan of of you know like coin was bitcoin was supposed to be aspect to it and so the the the the the biggest challenge will know this is an encrypted I think we're all trying to use use find use cases for rain coins jerk and now the that starts with the on ramp right which is how do I how do I get let's say it again and use the cost of node and had Jameson law the founder Casa like helping him do it on twitter and that's a big big problem and so there's a lot of friction will feature McCormick got costs node and you know the European McCormack is is a marketer today but an influence crypto like couldn't even the bike and being hacked or by your stupidity sure but it goes back to this it's not for everybody and it's not for all of your money way and again like this is something Pascal from ledger always says is money that can be easily stolen you know in the blink of an Oh yeah we are we are reckless clumsy people at the end of the day and now you're asking us to hold all of our own money which that in that can be empowering and frightening at the same time so when I put all my Crypto my ledger rex taking it off I use a range of Revo advisors and investment APPs and I don't worry about but your own personal trae how do you not lose your personal wallet every day Yeah it's it's a great point I lost the dollar this is going to replace the traditional financial system and you know I'm not necessarily on that boat I don't believe that the dollar is in any danger at the moment I think a lot about the kind of custody in security space you know and traditionally I put my money in a bank and you that you're gonNA brush your teeth in the morning and the same thing goes why are you gonNA wear your shoes well first off you know on a on a physical level you don't WanNa be stepping on rocks and all sorts of things but I mean you're not GonNa go I lost my keys lost myself and I've lost my wallet. ID Card I've lost my I've lost my remote control I like it's hard to steal a lot of gold it's hard to like maybe rob a bank you're going to get so much cash you get you can lose all your debt really quickly in a easily accessible space does not exist the user interface and the user experience the Ui are non existent at the moment I mean minimally if at best no no agreed but I do I have two different analogies I use for this train those are great points and you're right the obstacles that face crypto for a mass adoption you know talking about using a crypto currency but I also think by the way that we're going to think about using Joe I orga people want to say yeah I want to be responsible for my money but they're also gonNa say oh what if I lose this you mean it's all gone and that's terrifying walk around socks or even without shoes it doesn't make any sense well it's just ingrained in us to know to do things because they become normal and there there right I mean this is like people in crypto believe that this is going to take over the world so people believe this is going to replace security or custody I'm not worrying about taking money in an encrypted that we flipping right when you are responsible for your trip get somebody's GonNa figure out somebody's GonNa make it easy and someone's going to make money off of it right so where there's an opportunity to make money I mean who there's not a better place to try to make money than a place I think about it I don't even really think about the FDIC stuff banks have battered mutations but I trust them whole too I mean that's where I keep my cash apple store money right the banks figure that a long time ago so somebody will come along I mean you look at it coin based right there. FDIC insured which does not mean that they insure your your bitcoin by the way that the governance model the governance behind the custody solution is so risks. What's fair enough so yes you could tell us that everything just setting this up for something like bad ass like intro this is like Coin Mace terrifying that I'm now holding all electric Joe my own and that's a new concept of it again I released this crypto because I'll tell you like you know when when I talked to just say like crypto hedge funds probably maybe like fun to funds I asked him about their custody and a lot of love and use anchorage which is a client and I asked them about like why did you I choose Anchorage and why don't you just store your own donors protecting yourself there is there everyone responses we don't want someone to go rogue in our office and steal so that's where we are invicta right now which is to be you know what you have reliable used released right so these insurance products for the most part you're you're you're seeing that the government's right it's if if you hold your crypto or someone else's holding your crypto what what is it governance mechanism in place for removed so that's how I see it you know when that happens now that might not be the way everybody else sees it because there might actually be sketchy people who are like Oh shit I can't get rid of them but but to my point here is trays don't you think custody is going to be fixed within the next year eighteen months or so careful here because I I have custody means that when they transferred over from bitcoin the US dollar anyways not to hate on coin basically the single best bridge that there is a very familiar situation when you get on the Coin Base App in Psalms so we started getting an crypto in twenty seventeen and we kinda just got lucky city or security I think the the the bigger thing is it's another topic that super sexy you nothing is meow mix time like when I bring you on now now it's kind of cool though the plot the plot is what you're doing yeah I think custody on for since humans were trading shells I honestly I honestly don't know like if likeness hedge funds are worried about some kind of going the reason that we're having other people are for us is because we're worried someone that we know may steal it from us but I think that's a human issue that's not a crypto issue I mean that's been going just like threw some good relationships met some quality projects we met Andy Bromberg who new in your whole life right I mean you don't want to have stinky breath you WanNa make sure that you don't have to go to the dentist you know Keith pulled I mean there's just a lot of consequences that you recognize that are important whereas bitcoin taking over now but that being said though I want to go back to what you do on a daily basis how do you not forget to brush your teeth when you leave the house is from Angel List we boy did it did it. This one token sale Omega one she was like backed by a John and so we've been super lucky to work with really kind of just tier one projects this whole time and and I didn't know who your clients are I mean we should have a conversation about this yeah I mean so we started doing obviously your name one anchorage yeah and then I saw the tweet he was like I talked to see these custody is the most exciting this year and in the truth is is that whether it's mm-hmm but but trey was the in the DITTO team they were the ones that allowed the fifty fifty letters to get to get sponsored by ledger to sit out worked for or they're very dodgy about the work they've done or or very transparent but we've just been really lucky like we met ledger sure if we knew what we were doing yeah I don't think anyone did I was at a Yankees game with producer from Lambert and he's been super transparent about like who worked for some of these some of these like other PR firms out there tend to like hide mitigated that insurance like fine because they're like oh I must say it's a multi wallets or multiple people have to agree get people recognize yes you are like the superstar behind the scenes Bro I think a lot about where I am in Crypto so let me interrupt you but that was a perfect time to make sure that you've got some credit and then I shout out Patrick at Josh Vegas thank you distrusting when what soon as a dollars involve right you know me and Trey we could be boys and then next thing you know we just made a million dollars and it's just kind of sitting there and AH good job you know playing simple yeah I will say say like we did a good job in the beginning and the launch of bitcoin radio so thank you day that was that was our pleasure and I thought it was like a great response to it was amazing years ago and then they just celebrated their five year anniversary a Celsius which is a lending platform we launched our just like the people I talk to again it's like again like I meant Morad Online Matt Gel Nathaniel Whitmore's I it's just it's awesome it's it's humbling like you know the projects that we work for and even the kind of enright work over there we've been following in some it's humbling it said this is a space full of very smart people habits and there there regularly being used by everybody and so it's ingrained

CEO Bitcoin FDIC trey brooks Dunn Trae Wayne facebook MPR Yankees Joe Blackburn Seto Omega DITTO Nathaniel Whitmore John
eps.046 - LIVE - What Is Happening With Bitcoin's Price!?

Bitcoin Radio

1:08:37 hr | 10 months ago

eps.046 - LIVE - What Is Happening With Bitcoin's Price!?

"What's up bitcoin radio? Guess what I guess who it is. It's your man. Jim Scam Paulie Yo. The real man. Just kidding Jim Joe Blackburn your host. BITCOIN RADIO MY CO host. Jim here on a a good Tuesday evening Monday morning. For some of you on that weird side of the world just kidding how hope everybody's having a great day. Bitcoin hold above. I think last time I checked actually have not not checking the last hour or so. Hopefully still thousand dollars. I think you know I mean as long as were around. Eighty one hundred see. We're already getting stronger again. I'm okay with that gem. How you doing man what's going on tonight? I'm doing great my dude Yeah I mean I'm I'm at the point I don't even look at it. Don't even look at the price. What am I a day trader a traitor your holder? Hodler exactly exactly. And that's one of the things like Jimmy. Getting this is too quick. We gotta we gotta wait a minute but you know if you believe in Bitcoin like it doesn't matter if it goes down to eight thousand or seven thousand or even six thousand if it goes down by five dollars more stop complaining. Well that's I actually. I mean I guess it is where where is starting right off the jump here. I was GONNA actually ask you about that. So I mean I guess maximalists euro-holder so say no thank you because because what what about the other side of it not even just the financial side not even just the people that are worried about you know they bought in at a higher amount or for whatever the day traders. What about just the general like crypto slash bitcoin interests? Doesn't it feel like people get real quiet around now or when it starts to drop. I mean if we're real about this game and I think it's a great question and for those of you who are newer to the show or haven't really been overly familiar with Jim. Jim is relatively newer to the space. In general gems also the editor and one of the producers of this podcast. Now in this live show and is also a good friend of mine and you know from from the mouth spelt side of things him and Patrick have been really close for a long time and so I got been privileged along with several the other members of seeing whether it be Josh Patrick or Ashley a few others that part about you know a gym and I have been working on this hand hand in a lot of ways to where I've been really comfortable having him come on so I would appreciate. Everybody gave him a lot of credibility respect. Because I wouldn't just bring anybody on you know it means lots to have you on Jim. Obviously but you know no I say that prior to this because obviously you as a newer person have some really genuine new people new person type question right like like like that and I look at the price of Bitcoin and I say what was the price in February in that gets old like you could only say that so many times. The people who've been in for two or three years years before they're like man. BITCOIN thousand. I got money in here. I might need ah some point when people start getting worried and I'm just like Pickering's ten years old folks it's it's literally ten years old. Almost eleven coming up here. In January January third will be eleven years old. That's a long time to exist in. The amount of success assessed that bitcoins had considering the fact when Bitcoin I was produced all it costs was the cost of electricity literally to mind this summer. Gun Now what I've seen from the community lately is this like overly pessimistic completely insane way of viewing the space in general. It's like you're grouping everything as if it was a scam. ICO folks what the hell are you thinking. Bitcoin is eight thousand dollars when you saw when you woke up on January first two thousand nine hundred and guess what. The price of Bitcoin was thirty. Four thousand five hundred dollars and you're sitting here complaining to me because you're scared or you bought too much or you bought two little at whatever price like it's going up folks only like. Give me a reason to believe that it's not going up. All bitcoin is ever done is go up except for what two months of his entire existence. Maybe four if you count way down but on the way up from ten k all the way up to twenty almost night almost twenty nine thousand six hundred all the way back down to eight thousand where we are today. That's like three and and a half month period folks chill the f. out recognize that the whole space has done nothing except improved. Get bigger and become more credible doc period. Can you debate me on that. Tell me I'm wrong. So shut the F. Up and start acting like a grown up at and if you're a sixteen year old I'm not talking to you and I'm muck accustomed but if you're anywhere older than sixteen years old have the ability to sit here and be like `oh look mad. Bitcoin is almost eleven years old. It's ten and a half years and three quarters years old. It's okay we're GONNA be okay. There's been nothing in the history bitcoin to prove to you that it won't go up except this one moment in time. Relax don't make me get on my soapbox 'cause I'm almost there now. Actually everything you're saying. I know you come. You Come Piss and vinegar which I like a Matte in everything you're saying is actually rational and true and I've seen similar like memes or whatever that are like Bitcoin on this day in Twenty fifteen. Was this price and then in twenty seventeen this price and then twenty eight to nine hundred bryce accepts like you said you know what was it in February or what it was it in January but Yeah this year. It was really low but to play. Devil's advocate hit. You got other people that are GONNA be like. Yeah what was the price July and you know and I guess that's kind of on them because there are people not even buying all time high I but they're buying when it was like twelve thousand and you know they're pretty bummed. I I guess they do kind of have a right to be bombed but also I think whichever. Let me ask you a question though. How long have they had to buy bitcoin? They've had plenty of time and not to not to say that you're wrong by all means you're not wrong and neither am I right like we're both right. I bought bitcoin twelve thousand dollars. This year you know why because I thought we were awed away to sixteen. Yeah I mean it's okay to be wrong. If you know that the end result is what gym do you think bitcoins ever going to go back to twenty thousand. I do yes would you. Would you literally sit here if you had to bet at one hundred thousand dollars and that's all you ever had you had a bet is big win ever going to reached this again or is it going to never get that price again. What would you actually bet? I'd have to bet all or nothing. You had all or nothing. ooh I knew what do I have to nail down timeframe or whatever but that's how about this within ten years I would bet it y whoa right I mean I think that the opportunity I mean like Bitcoin has gone down before in price. Yes it has in this done it. Every time it's it's ever gone up and taken at times two or three years to get back and fortunately for all of us were were just under two years and we are right at the edge of the next cycle. Go look at what bitcoin dead when it ran up. Nineteen six. Guess what we want like this up back down then what to do up. Oh I'm not in screen up back up and then boom a huge drop. But that's okay. That's a normal. I don't WanNa say that bitcoins normal and cycles as far as timeframes rams but it's normal as in what had actually has done if we were back at two thousand dollars today I'd be like Oh shit guys. We need to worry but it does well. Yeah and it's it's been doing this bounce thing you know the past few months ever since Kinda summer ended it does does feel like it dips a little lower each time but then it Kinda re coupes and comes back up. I mean I'm not chart person so obviously I don't know the different things behind nat. I'm just basing it up what I've seen And then every every time it drops though you'll see everyone that's like here comes thirty four hundred or someone else here com sixty four hundred And then usually I mean 'cause by me Patrick. Speaking most bell I mean a couple of weeks ago. Patrick had his whole thing when we had a big drop absolutely he was like all right. GimMe a week. Who's going to predict it? I mean someone kind nailed it but everyone was going low because it's coming off a drop everybody. Everybody percent of people work within two thousand dollars of the price about that. That's great it was amazing and I love. I love it when the bears are wrong because the people who think that coins continuously go down. Jim like what the fuck doing in the space people like grow up get out or get in. It's one one of the two and here's another thing and this is really you know told you aggravated a like the people who make fun of McAfee or like make fun of the idea that McAfee said by a year twenty twenty. Bitcoin is going to be five hundred thousand dollars and then he doubled down and said you know it's GonNa be a million dollars. Think think about that people if you're literally taking him I'm serious. You're an idiot like an idiot. I mean think about what he's saying and why he might be saying number one every time you post about it. I mean I like McAfee. I don't care care what he's done. Well he's been a great for the space and there's nobody who's got a bigger stage on outside of Crypto has done more for the idea of Bitcoin the John on McAfee and if there is tell me because they're probably been crypto and they're talking to crypto folks McAfee is talking to a lot more people than crypto folks and he's brought a lot of people in the space but today I saw all sixteen post about John McAfee and his gotta eat as Dick. Because there's GonNa be a million dollars by two thousand twenty. You're in Crypto the fact you're making fun of this as if he's crazy just goes to show me that you're not actually listening to what he sang. The Dude isn't saying it's literally going to a million dollars and it might shit. I don't know because I bet you back in twenty seventeen. Had you been in then because you probably weren't. You never have thought Bitcoin we've got ten thousand doesn't let alone twenty so shut up. Stop posting about how wrong. He's gotTa be you're hurting space man like let the talk and if you believe in Bitcoin and you should be backing them up. I'm not saying pump the shit up I'm just saying don't be a dumb ass about what the intent is when you say he's going to be a million dollars. Would you be mad if it was one hundred grand if the answer is no. You wouldn't be mad. bitcoin is going to be one hundred thousand dollars. Don't make fun of him for being wrong by nine hundred thousand dollars dumb ass. Shut the F. up like talk seriously Jim. Am I crazy not. I don't think I think you're talking truth. Passion fire pro. I if I could play Devil's devil's advocate God. Even though I agree I agree with everything you're saying so I'm just asking this question McAfee on last year but from from the from the outside of the space when we're looking for mainstream adoption is McAfee more of a detriment than he is a benefit in some cases. I do not believe. So because if you're not in crypto there's a certain niche that McAfee is relevant to and he's he's getting headlines and again. I'm not sure your mom blast but I'm just like you know he's he's kind of like on the run run. I mean whether you agree disagree. Like that's kind of part of his stick out on the on the open waters and hiding in his is Cellophane Room and all that does that start to reinforce some of the more negative connotations involved with crypto currency. You know you you don't make a bad point here right and I'm not pretending like McAfee doesn't come with a lot of baggage but Jim in your opinion is. Is there a better example or a better spokesperson for what bitcoin actually stands for on a public level. I mean in your opinion. No No. That's very true you because the other side of it is that The people are very anti authority. Anti government. People are very apathetic about are not even just peop- leadership and power in general. So there's there's definitely it's almost like a a wild west rebel. That's kind of like the or like A. I don't want to go far. Say like a Robin Hood. Because I don't if he's given a ton of money back or something but there's definitely like a representation that people are looking for. It's not the good old days of the greatest generation where everyone wanted to be like what can can I do for my country and go fight World War Two because a lot of people feel like they've been fucked over many times church in power so It took to that extent. I think there's definitely something that's very attractive about what he represents. And like. I mean Joe Carl Sir. He says you know that he's a nut case in a criminal. I'm like number one. I don't disagree or agree with that statement and I'm not saying he is a perfect or even really close to perfect individual. I will say this though. Nobody in Crypto has the audience. Outside of Crypto go to actually influence people to pay attention to this space. They just don't and that's not an easy or a small thing to say eh. If I'm looking to enhance the visibility of Crypto it does not bother me whatsoever about the Netflix Video Gringo it it does not bother me whatsoever that there is baggage attached to McAfee. The Do created the number one antivirus. I don't care if it's the best. It's the number one well L. Known Antivirus Program that still bears his name today in the entire world and he is not an idiot. I mean the guy can play piano. The Guy We'll do drugs he probably has done more meth on this planet than May exist today on earth right but I will openly say I pry. I appreciate him on a level that is bigger than his mistakes or his problems or the ones that he's yet face. I appreciate exposure. I I know what it does for Bitcoin. And if you don't recognize it if you WANNA play goody two shoes or I'm I'm bigger or better than this. You been in Bitcoin very long because there was a time period where bitcoin was not even remotely considered even something. You could bring up because you you look like a criminal. That's about about it right. It was not okay to talk about bitcoin. At a certain point without being connected to drugs you know money laundering. Some sort of conversation about doing something wrong at a high level you know and and McAfee has somehow pump and dump all coins talk shit about every human being on earth and made it out alive including against the government who hates him even more which makes me interested in what he has to say. Why what did he do? So bad. That the government doesn't want him to have a conversation with people you know. I mean he said to leave the United States. I'm not defending his character defending his perspective. And it really comes on this. If you don't think McAfee is right about go. Bickering on a million dollars. Do you think he's wrong about it. At least getting to one hundred thousand right or some of the other things he said about how bitcoin should because it's a mathematical issue. Not a not a you know. How much should bitcoin be issue? It's like literally as people come into Bitcoin. They're going to continue. Can you to raise the price because it scares only twenty one million people on Earth. Jim Can ever own one bitcoin. That's it that's the most that can ever own it and it's going that'd be far less than that because there's several people with multiple bitcoin. We'll get even going the other way even if it doesn't it one hundred thousand even if it hits like a new all-time High Sade hit one thousand. We'll say it hits like twenty or even like thirty thousand or something. I guess it's still a success. Although I guess you could still kind of call them on being way a off but if you're calling them out on it being way off on thirty thousand you can go to. Hell kiss his ass. I mean like I feel that way regardless if he's right or wrong about everything else you'd want bitcoin go up now. I agree going back to some of the other stuff. Like some of the more. Like extreme Parts of McAfee. When asked this question? I'm not saying it's put on or fake but there's also got to be some self awareness where he kind of understands his like his role to play as kind of like the bad boy of the Internet in a weird way or like the the outlaw. If you you wear it I mean I think we need somebody like that first off but yes well and also joe in the in the chat I think is response to what you're saying about who else it is on more for the space. He's bringing up Ron Paul. Now I don't know a ton van so so he's kind of up there. Here's well here's the thing is Ron. Paul is for liberty. He's not for Bitcoin. I mean he is absolutely a Bitcoin Fan Dan but he is not somebody who's sitting there going to conferences speaking about Dick when he's sitting there talking about self-regulation Liberty Libertarian Principles that exists inside his DNA like he's not. bitcoin falls in line with his beliefs. It's not necessarily something that he is is sitting there wanting eighteen everybody to know about he just believes. It's part of a ideology and theology that he believes that human beings should embody so it just is convenient for his message now. I'm a huge Ron. Paul Fan I believe in the things that Ron Paul says I believe in small government. I believe in self regulation. I believe in holding your neighbors in yourself accountable the same way because this is like minded folks trying to live a like minded life for the most part but as private citizens without interference from the government without interference of people people trying to regulate what Jim is. Okay for you like you want to drink a beer. What have people said? You're not allowed to drink a beer on on a live anymore. Well I mean that's a pretty simple thing to give up. But why should you ever have to give that up. Jim Wright tell us and although a simple it's a simple analogy or simple example. There the stuff that happens on a daily basis in the government they decide. What's okay what's not okay and I just get sick of the people who can't look at an individual who's positioning himself to take a lot of flack? I'm not saying that McAfee doesn't bring a lot of it on himself but I just look at the actual people who take it for face value and can't see underlying reason reason why McAfee would ever say something like that right. It doesn't necessarily matter even a McAfee if bitcoin ever get a million dollars what matters is. That's how you are paying attention idiots like you're literally only here because you think bitcoin is going to go up and if you did not think that you probably wouldn't care what bitcoins doing i. I have a personal issue with that. Now I don't have a problem with you thinking that it's your right but I got a problem with you if that's the only reason why you're here and that pisses me Off is is McAfee the Kanye west of the crypto verse allow. That's actually crazy analogy. I haven't thought about that. Look at Joshua Danielson. What up Josh actually saw? He just messed me. What Josh Ron Paul? For President Anchor Liberty. I agree all right. He also acknowledges that he's going to eat his own Dick if anybody. Nobody thinks that that. That Mackie's actually going to chop off his man stuff and never use it to have sex again and then literally you know appease everybody. What if he's wrong? If you're an idiot I mean that would be. TV great if he did now in today's Day and age that's probably something you can accomplished via the What's Omic augmented reality? I mean Jim. You're good enough. You could probably pitch them something. Yeah maybe and I mean I don't WanNa get too blue here But and I haven't seen the documentary as we mentioned I think last week but The GRINGO McAfee documentary I believe it they get into like his preference for Scat With some of his past partner so just putting that out there so he's not above eating addict maybe not his own Dick If he pete's Scott is feces we only bird that is not the male genitalia. For the record true it may have came out of male Genitalia Genitalia but it is not exactly male Genitalia and going back to it like all seriousness. It's obviously like such a great the marketing standpoint tedious. Because it's all anyone talks about like if his name comes up. I mean. We saw Josh Chat We. He urged US mentioning macrey. He's like Oh yeah he does own Dick so I mean and and even like being on the outside of the space whenever you if you hear about. Bitcoin seems like Oh yeah you no the guy that made that anti virus is GonNa eat his own Dick something. They don't even know the specifics. I don't know somebody with Bitcoin. So what what are are you saying right there when you when you bring all that up. Jim What does that actually mean. It's getting people talking talking. It's marketing but now the I guess the the other did again to play devil's advocate. is He marketing for McAfee or is he marketing for the space. Does okay so if you're true. bitcoin libertarian. It doesn't matter it's none of your business but it is our business because people finances are online. It's a responsibility of mine to make sure that people in the group have have a are aware right and I've learned hard lessons. I've been accountable for my lessons. Learned unfortunately you know the space is full of hard lessons that we're all still learning coming right. I mean it's not a space that's written in in chapters in a book where you can just go learn it but we can do is we could pay attention. Learn from our mistakes build this and be more mature mature about the space but guess what Jim and this is something I realized not just now. I've known this for several years now but people don't WanNa more mature space. You know what they want they want like craziness they want. They want excitement they want bitcoin. They want crypto. They want all coins to go ballistic and then they wanNA complain about it because they're too stupid stupid and just like me by the way folks. I held everything during the nineteen thousand six hundred all the way down to thirty one hundred dollar drop. I held everything except when I needed to to survive and I lost a lot of money probably more than you ever learn or ever losing your entire life folks and I'm okay with that because you know what I would much much rather talk about something. Watch it to be successful and then live with the consequences if it does not. I live personally with those consequences. I'm okay with that Kurt Tankersley I do think he actually did get Guy Quintet and I actually have seen some really interesting things about Scott Quinn lately just for the record so I got some dealership Jim. We actually have a guest who wants to join. Oh excellent yeah. I'm just trying to see if I can find a picture. Real quick of this sky. Coin Tat who we got on the guest as Chelsea Chelsea. I'll see human everybody. Who If you were in Vegas? You've got a chance to meet her. Can Bring her on we ready. Yeah go for it. You Ready Chelsea get ready. I'll give her twenty seconds just to know that she's about to come on and we want to countdown for me. Joe Call Sarah. He says Raj averted a ton for bitcoin earlier. Yes he did. I completely agree. He was a great spokesperson spokesman. Now he's become a straight O'Connor sue. I don't agree with that Joe and I know why you say it and I can't argue your actual point there. It would appear such especially when you think think about how H actually did go up to several thousand dollars and at one point nine thousand ours On base but that was not the actual price As a whole that Bitcoin Quin bitcoin. Cash was selling it. I understand why you say that. I can't argue with you like I can about McAfee I think McAfee does a lot of self marketing and in the process he built himself up running for president. And that Kinda Shit. No he self admits. I'M NOT GONNA win the presidency like why would you run for president if you're not gonNA win the presidency. It's marketing I cannot argue the same thing's for but I do think he. His intentions are genuine. All Right Joe. We'll we'll touch base on that here in a second Nice Nice Jim Literally Gets Guy Coin Tat and I don't think he got paid for it either for for just knows I don't I literally don't think he got paid for it. I mean like seventy five year old man like that's he's that in horrible shape I gotta give it to him. He's all down what Chelsea. Hey how's it going. Hey how are you good to see al again. Welcome to the show. What do you think about Bitcoin is? It gives it bottoming out. Is this the end skype falling. What do you think now? It's not the end. It's going to be the beginning you know. I think I think going through some turbulence but it's it's common it's GonNa come around. I think just the patients. It's the pay off in being in the space for quite some time. Now I've learned that patients aspect over time Chelsea's a quiet participant in all all of this in fact she might actually be the problem that Bitcoin went from twenty from twenty thousand at the three thousand on you but twenty thousand. Do most of my stacks washed it but you know those lessons are the ones that we learned from right. I learned a lot of. You've really really difficult lessons during that time period. But Hey jim so obviously we got a chance. I mean Chelsea was in Vegas we were in Vegas live in Vegas. I guess I mean you're still in Vegas. You never left behind you. I look at you know where where I want the space to be and I asked question to people all the time and I never actually always asked people to ask me but they never do an ever asked you so. This is what I want you to do. Once you ask me. I want you to ask Chelsea. Do you think the space ace has matured since that time period. Asking me that. I'm asking you to ask me that. I want to answer. She's there there's want you to ask me and Chelsea that same inception layers okay. You accepted the question in my head on pause right like where are we live Joe. You know what I'm thinking in Apropos. Apropos just properly and just right now because I'm a genius interview at Toyota's your since you've been in the space. The space has matured. Uh or regret. What do that's a great question? That's literally the first time I've ever been asked that question live. So thank you for asking that I I want you to answer this I because I have a prepared answer. Okay offense him on the spot do you think it has matured overall. I mean I think it weeded headed out of the people who were here just for the hype and just to kind of see what they can get out of the space so overall I think it has matured. We still bring in some New People. I feel especially now. There's a lot of younger people That's catching onto the space in and getting a win with the news and everything and older people as well so even my mom and dad asking me. Hey what is this again with. CRYPTO CURRENCY IN BITCOIN survey starting to get involved. So I feel like we're all those growing pains that we went through is positioned us to be where we are right now Out Today so I think the future is bright. I think that's a fair answer so I don't disagree with the Chelsea and GM again. I got I got. I got a compliment. You on. What a great question that was I mean tailed it dude so I appreciate you not only that like just because like I? I if we're on kind of you know nudge you in the right direction but but it's also hard to remember when people say things like that like to actually get it right you nailed it so that being said here's my impression of the space right now. If if I was just entering I would look around and say it's easier to buy. I mean you would know any better but it's easy to buy it's familiar by coin based does make it very similar more. It makes sense. It looks like a stock market and a lot of ways and so any new person who's ready to jump and can go to coin base and have a very easy experience sprite. That's important easy. Experience is important all this but my problem is the people in Crypto are stuck an effing 2017 eighteen thinking that everything is a failure just because now there are people who have legitimate concerns but if you are a representative of the space and you are because nobody represents Crypto we all represent crypto and if you represent crypto in a certain dynamic if you say hey friend go buy bitcoin or if you say hey Jim I know you're my buddy we've been known each other a long time. I got in Crypto. You should get an. Why should I get end if you don't have a prepared answer that you haven't practiced you are screwing screwing everybody over? There are so many different ways to explain this space at a level that makes sense that can be non aggressive assertive in tone and I know I probably aggressive night. I'm just really fed up with a bunch of dumb ass that have been in the space for too long to actually act like dumb asses anymore but people with opinions things that don't represent the actual space but say it as if this is what the space sounds like. You know. That's a problem to me and so I feel like right now. If I had to make it a suggestion or opinion I would say you know we got to have we clean up our own folks still to this minute. There's too many negative Nancy's if you're sitting around complaining about coins you bought like you you. You're the person listening you bought the coins. I don't care who tells you you buy 'em like you bought them grow up. Move on if you're still talking about a coin that you hate because you bought it and they went down. You're an idiot. Move on if you haven't figured out a way to make more money in the space you need to get out. That goes for every person who's in that circumstance if you're listening to this and that's you get out. I am shots fired. I mean get out well so to answer question. No space is not mature yet but it is slowly getting better. Well guess again to play. Devil's advocate do you feel like you're I mean. Obviously you got your ear to the ground. You're seeing Berlin space. You're seeing how people react but a big part of that is going to be CCT and in a lot of cases social media and just Internet in general general does breed more hostility like. It's not just a crypto thing. The do you think some of those people might be like keyboard warriors for lack of a better term but then in real life live from someone asks them. They're more like excited and understanding or do you kind of just extends to like Internet to real life every Sir Sir look look I don. I don't want to take away too much because we got the one and only Chelsea human hair who is a great trader and I want to get to some questions for her too but you know overall Jim I would. I'd say that's that's that's a difficult question to answer and I have an opinion on it. I don't necessarily want to dig too deep on that because I know a lot of people who fit into that category right or have a area and they're probably if they're not watching now they'll be watching a little bit. Let's get to that towards the end one. I've had a few more six fix my drink. Is that fair. Yeah that's fair pigging to just to piggyback on that too as far as the space maturing though at the conference I think the overall message I got that all of the leaders and you know all the different projects in companies also CNN issue with massive action. Because it's not too easy you know. It's not easy enough enough for the everyday person to get into the space so I think that that was just the ongoing message that I got from the conference is that you know. It's a really had. Massive adoption into matures. Sweat needs to be. It has to be easy for anybody to use it and not even using technology. I don't think we there yet. Either and I gotTa admit like what Joshua Ashu just said he said. Oh I hold all my coins as a community member in the projects and being forced out because exchange like finance. US embiid trix won't serve customers living in Washington. Now that's a great point. Josh and I completely agree with you and Josh has been a great member of CC for a long time but if you're holder and you've lost a lot of money ain't maybe by chance in value and now I mean if you were going to hold for whatever time it took to the to the point where the coin might go to zero but now you got by. US you ask or you got Beatrix. And he's a Washington resident and they're like you have to. You have to to sell all your stuff or else you're no longer build access the site you know. He's he's forced force to literally sell all these coins. Now Josh you're also able as a US citizen now. I'm I'm not trying to tell anybody to do anything wrong. But there's there's different ways to have avoided this conversation but nevertheless long story short. Yes that sucks. And that's not your fault I mean what else can newsday agreed. I mean I don't know what to tell Josh I love. You did death man. I watched you win. Like five thousand dollars at the Casino Table. You're lucky to go back. That's that's all I can say I mean he's got Sol. Dude you're one of the dudes. Okay Joe I actually like your perspective. Although I disagree disagree in some concepts I like the way. He's saying it to Joe Smiling like I like your name. That's what I like. A market is a market in every market. There are more savvy stupid actors. The Stupidity of the actors and losing money should be an incentive for them to be smart. The stock market is mature and folks by terrible stocks. That's absolutely phenomenal point joint. I don't WANNA keep covering up Chelsea. Sorry because that did cover up your face Chelsea as a traitor. How do you look at the market and say it's comparable to the stock market or it's not I I mean? How immature is this? 'cause you're you're not just a crippled freighter your four x and you've been around for a long time. I mean we're roughly the same age you've been around. And you watch the Stock Market Margo down in two hundred thirty two thousand eight and you've seen it go really far up your twenty five percent this year right. So what are your thoughts. Yeah I mean I feel like the market is more volatile of course in cryptocurrency. So of course the movement that you do have it could be really good for you. Because you're GONNA get the profits really quickly could be really bad so when I compared to the stock market we. That's mainly when I see in the industry so it's hard to say as far as like you know when you go and purchase something in the stock market may be publicly traded and it may have more of a use case a lot of times with these coins. Sometimes you are going out on a hunch kind of like you mentioned before mine aucoin hope and it goes up the type of training. I mainly do swing trades AIDS now. So I'm kind of in and out not really staying in their long term. I do have of course a bag that I do hold that I believe in the future project coin but overall I mean the market to me he is more volatile than any other market ever traded. And that's what we love about it right. Jim Fine kind of interesting. You gotta take the good. The the bed is better if you like. I know what you're doing. The analysis still apply the same. And you still use it indicators. Kinda crosses over you know from my experience across the board but I just find like people. People always trying to apply different trading strategies that they use for stock the market for four x two cryptocurrency. But I feel like in crypto currency. It almost works more powerful because the coins move that much quicker so you just kind of have to know where to position yourself south when you are trading every day to work in your favorite really quickly can work against you you just have to be skilled in Agar no I agree and good points Chelsea and I appreciate joining US tonight. Thank you for helping absolutely and You know to folks if you're not falling Chelsea make sure you follow where the working they find yet. Chelsea someone facebook book instagram twitter. As you told me today you're going to start doing some of your trading videos that right I need to. I've been I've been thinking thinking about it. I have a ton of notes. I have most of it here but yeah I need to probably get something out there for the in simple terms. I've had a lot of people that come to me. Ask Me to help them. Trey Day at work with them one on one that it would be good to kind of get that out there so burn burn off all right Chelsea. Well thanks for joining US tonight to to a smart idea of making some training videos because it seems people are always fiend and they're Venus for the charts they're feeding for the how to's and I mean it partially. It's because they want something to do the work for them but you know there's also get out of people out there that are going to pick up some knowledge and then use it for themselves and as I put on the screen first off. Nicholas Me Malala. You know. I'm sure that's not even your real name. This is boring as F- come on come. Join US Bro. Can Be Boring with me. Then I got a I got a couple words for you. I'm I'm about to break some stuff james. Let's just trying to like that fire underage. Oh He's just trying you know you you gotta be careful. You had a wish. They knew what that stupid shit. I gotTA deal with Jam like folks. If you WANNA know dumb go get on Crypto coin trader and read every single comment on there and be like in charge of what people are allowed to say. And then get complaints. GotTa gotTa deal with you know. Fortunately I have incredible moderators on their cheers. The all it's to me. It's still my to- because I I've only gotten two. Two of out of the twenty six people have been talking about how I got. I got all right some really nice things about. Oh I'm actually GONNA call it mob twenty nineteen so I can finish the rest of the year off mundane by the way cheers you Ryan Berg. This is this is my dude right here. I put them up. I put his comment up. I met him in Vegas. He's a newark voice to the space or new person is a former professional baseball player. And someone who I think is incredible as a individual but mainly he is my fellow gear fan. And as your gator fan. Guess what we. We are always friends. Period Chop Chop go to hell. FSU which is coming next week and go to hell LSU Chelsea Who's WHO's a Louisiana girl if you couldn't hear voice and all all all the moderator is a unfortunately just accumulating and collecting Jim all these folks from Louisiana and it's becoming a little bit of a Louisiana Echo Chamber which I'm not saying it's the ring like number fifty and like all the state polls shit but there's Aww crypto people in there so I mean yeah you're not too far off from a Louisiana boy agreed we went to the hothouse by the way? Tell me about that. We really never had a conversation. Asian did you get scared that night. Oh did you have an experience kind of yes I mean. Do you WanNa talk about this for us sir. This topic. Well yeah I mean I did. I did go out to visit Joe Blackburn to stuff behind me. Jim Did he. Yeah in the studio for and work. Yeah Joe you know. We went through Louisiana. We went to rid of the Bourbon. Correct yes and then I guess in the Northern Area. There's a plantation called myrtles plant Yup Central. Whatever I don't the most hothouse in America? Yeah they're big claim to fame is that it's like haunted grounds because of course all the history you know the slavery and the You know terrible things that occurred on east grounds. They have a tour where they bring you through because it's like a bed and breakfast as well. Maybe a restaurant there and they bring you through the main house and they talk about all the different stories. The place has been on shows like ghost hunters and ghost ventures and stuff like that and yeah my girlfriend and We stayed in the I. Forget what it's called but it's like the judge's suite which is like upstairs in the main house which is like you need a key to get to and it's like old timey and it's one of the hand. Yeah they tell stories about you. Know they're supposed to be like a woman in black that stands by the window Joe Joe Blackburn. Himself has a picture when he went there just for like window. Yup and you can see like a figure in the window. I have on my phone to this day. Folks I have no problem improving it. Jim Did you saw yourself did you not I did yes and you know if you Google this place you'll see the different ghosts. Do I have the technical skills to create that. No no no way zero zero technical skills and nobody else has been there. That was literally a fresh picture taken from an old school iphone iphone. Six or something right right and I showed it to you brought prior to and you're like as no big deal but because you're spooked than I was because you're like damn. You're staying here while I would never do that. I don't mess us with them. I don't mess with the spirits dude and it didn't help because we did the tour right before it's like all right. You know bedtime. So do the tour and they're talking about. Oh the room right upstairs. That's a scary one. Yeah that's the worst and say like that. Jim Don't say they're like Hussein in the street and like we are like ooh okay. I'm I might've even been part of that. Oh yeah you know. It's tough to sleep the lights on because even if you don't believe you kept the lights on. Oh yeah even. If you don't follow you kept the lights on Jim of course night because it's this place it's also Whether you believe in ghosts or not old house creepy. Because you'd know there's all this history and there is this whole story about how In the late eighteen hundreds the guy was shot in the chest and he goes backup seven months there and that steps right right outside where we were sleeping and either way just an old place as creepy. I mean maybe that's just me but I feel like even if you don't believe in the Macabre and the supernatural but yeah by the way not to mention that when it was built it was actually taken from native Americans and area yeah and the burial burial area I believe so yeah that is. Was it right on the house. Where houses but the area was on top of essentially the burial ground birds and they had a lot of respect where they're like Ooh? Let's properly care of US area. Yeah no they're like ah give me all the gold and I'm going to build my house right here and to make it even better. I'M GONNA put a pond right there and obviously there's no TV because it's just an old place so we're just watching you know Hulu on the laptop keeping the lights on trying to go to sleep and I definitely heard noises outside outside in the four year and I thought there was another person staying in the room across the way I thought that's what the noses were but now they were there entrance wasn't we. We're the only one that entrance so I could exact on the stairs. But I thought it was going to their people like interacting on a regular regular basis. Like I I went out. I still the next day that we were the only ones that had a good thing for an entry and then I definitely feel like when I sleep a guy like sleeping. I felt like some pressure on my side and I definitely felt like like almost like a palm like a like a hand on my side. It wasn't my girlfriend and I just was like going to my is GonNa Happen Man. What happened Bro? We're alive and well so you know it did happen and not to mention his died that they that they have let us know bad. At least I don't think they would have hidden the fact that someone would have been killed if that was this case but not to mention this is all in the middle of a hurricane coming. Yes that was during hurricane in Louisiana so yeah it was great it was it was a perfect storm if you will Jason Barger says why are always from the eighteen hundreds. It's never a guy who died last week or even a caveman. Perhaps that's a great point Jason but you know what go go ahead or it is but we just assume someone from the eighteen hundreds. That's that's an incredible point but you know I. I like to think that people in the eighteen eighteen hundreds or just more like they should have known better type of people and they were just assholes so therefore they're the ones who are stuck in between the two dimensions because God doesn't want a man and they're not allowed to be alive again so they're the ones stuck like they should have been better people so I mean if you want to answer answer that's what I would say if God doesn't want you you're more than likely going to a very bad spot and I can think of worse places to be stuck in the House that you probably had some pretty eventually terrible experiences and if you die there but long story short I don't I don't know why that would be the case. But Jason There's plenty of places America's relatively young and so were you know were commenting on our very Unique and short heritage of what the white man and I guess you could say because that's that's how That's how people like to phrase it but overall you know that's that's literally the people who are being the vassal so I mean that's why bye bye if I had to guess. Yeah very true but it's just fun. Creepy stuff's kind of fun. Yeah and Jim like let's not let's not a and obviously. This is bickering. Radio so talking about activists still rolling it because this is a liberty zone and we can be I guess liberty minded in the fact that you now people might have interest in these conversations. I know there are very few people that you can't have a ghost story conversation with. Have you ever met anybody. WHO's like a ghost story? I don't want to talk about this. Everybody wants to here. Yeah even if someone's like a skeptic or doesn't believe which is fine but it's still kind of fun discussion. I would say Jim if I came up to you. I was like Jim I saw bigfoot. Would you at least listen to what I had to say. I listen to the story for sure. Absolutely I mean you might call me crazy or dumb ass afterwards but you want like you're like what. Okay I got to hear this. I know I'd be interested right and you know it's the same way like hey. Unfortunately there's a lot of people that I know that tried to talk me into bitcoin earlier earlier they're like. Hey Joe you wanna make a million dollars and then I did write sounded shokhin but honestly like. I'm glad I listened to some of these crazy people because because they They actually put me in a wonderful position. You're saying like bigfoot. I've even bigfoot. That's the the problem. Yeah that's what I'm saying. So it's like a it works. It's like big foot like an Joe. I like this guy now awesome name. He also has awesome comments. This podcast reminded me that I saw to Bitcoin. For goes coin in two thousand fourteen aged the tax man taxes. Hey did you did you sell backer. Was it like the end of the rope. I mean it's probably something I would have bought in two thousand fourteen as well. I was actually making a joke with one of my buddies the other day and I've actually said this before. Jim is like Jim if I had to tell you if I was going to tell you something when I was like Jim you need to listen to what I'm about to say. And this was two thousand seventeen I would say by every single one institution. Coin that you could possibly ever by because the worst that can happen is that you don't get your money back right and so obviously I'm not saying. Hey Jim put every dollar you ever made into a one St coin but the point is this if you buy a wants to Toshi coin and back in two thousand fifteen there were plenty of them early twenty seventeen by the end. I just WANNA seventeen. There weren't that many of them because they had gone up but once Toshi coins every single time it goes up. Guess what happens Jim it doubles. Yeah Oh yeah. One hundred percent gain for every single associate off of what you originally put in. So it's three you're up for your two hundred percent honestly you're up two hundred percent on that and so as it would continue to go up and I bought several days. I bought several three three associate. Forced Toshi five Sushi. My most IMOs incredible trade I robot was recording. And I'm I'm still Red Coin Fan. I still own millions of them and their dog their dog cheap. They don't they don't matter they continue you to work on a project. It's not dead but I doubt that it's ever going to go up too much more than what it is name could be wrong. I've been wrong before but I still support the project. Because their original intent they they were built off of the idea that read it right. Red Coin read it. Needed a social crypto currency to be able to tip and to transact with right now. I've been told that explanation of why it's called. Red Coin is wrong. I don't believe that I think they changed potentially change the conversation at some point Jim to make it more relevant because red coin was not officially connected with read it and they probably read. It was like shut. The fuck up you now. We have no affiliation so they had to just chill but red coin has never done anything wrong. They've just been subjected to being being Manipulated coin has only produced a idea and then that literally implemented things that would help with social media. And I still to to this day still feel like red coin could be that tipping or that micro transaction currency that would exist in that we should take equal more seriously and Joe Joe goes on to say that That recording was obvious. Give me that. I was delisted thoughts. Bro and Richard says can't wait. Yep that'll be soon. I just thought Joanna Day Richard Just Chelsea says to massive gains long Chelsea. Are you talking about Red Corner. Goes going because that's that's I think what you were talking about. Like the like buying some of those. Those coins effect that ingredient McCain's but then sometimes all too long yes anyways not continuous motion tonight. No it's all right well but going back kind of what we're talking about. Oh before and like in the big thing Because I think even Chelsea mentioned as well as getting New People in the space because even just this past week actually a good friend of mine. WHO's a friend with Patrick Patrick? It's sent him some. Bitcoin was like he owed money. Or you're just trying to get him into the get him into the space. Maybe doing a little bitcoin for Christmas something like that. Yeah well like it really was even with coin base and I know how we talk about about how like it is such an easy on ramp for people. He was still so lost. Like how do I get my wallet. What's this what is this and while true it's way easier now? It's still like very hard initially for people to understand when someone sends you money and the fact that it kind of takes takes a while for it to go in your in your wallet or whatever and then what you're supposed to do after the fact if you're not you know holder a holder initially because you're just getting into it and now like he kept some in Elton needs to do but now he's that guy that's looking at the charts arts like every minute so in a way it's like going through the phases. I guess I guess it's always a good thing because now maybe you're getting the bug a little bit and and even if it's like he's texting me every four hours like Thuc what's going on. It's my fault now. Bitcoin and it's dropping so is that ultimately a good the thing or is it still too much. It scares people away from sticking around all right. So I'm Gonna I'm going to answer your question with a question. I and that is Jeff. How many people would you think are in Crypto? As a whole I don't know man twenty million I mean are all I think. That's a fair number. We're I mean we're not talking about twenty million people who are actively trading but twenty million people who have bought and figured out how to to interact with Bitcoin to some extent and I think that number's at accurate accurate number. Honestly there's seven people in the world by the way folks so you know twenty million is not even a percent you know. Probably I'm bad at math. So I mean one hundred you'd be nine hundred ninety nine million plus one million is a one billion right so knowing that you know I mean we're talking about a two point. Zero two percent or point two percent of population. Twenty million maybe even less I mean so it's a it's a low number. Well we do the math for me. Please right right so that being said a low number less than one percent which is what I should've said has been involved. In crypto. Twenty million people though is still a lot of people. Would you agree gymnasts head you. Twenty million people are doing this. Would you be like Holy Shit. Maybe I should pay attention. I mean anything. Yeah I agree as long as it wasn't like I mean what's your a pretty open minded dude say lease but or you're her at least you're close minded as probably a better way to say it when you think twenty million people figure this out. You can't tell me that. A hundred or a billion people can't figure this out right. There's a lot of for every person that exists. There's a lot of just not dumb people that exists. And if you're not dumb in person if you can't figure out bitcoin you're actually not a not dumb person you probably fall a little bit further to the other side and I'm not talking about about achieve people. I'm just saying you're not giving effort and if you give a little bit of effort coin base has made it super easy along with several several exchanges across world that want you to buy bitcoin and if they don't make that experience easy you you log on and then you leave because you're like I can't figure figure this out. Jim Ever bought something or wanted to buy something in this case where you couldn't figure it out you're just like a like Yeah yeah or let's say like say you buy a video game or something and then you play a little bit you know. I thought it was gonna be better like this. And and you know whether it was just too difficult or it was just process or you had the log on or create an account like you know certain things are just deterrence. You know if if if it's supposed to be easy and easy. Bitcoin is complicated. There is no doubt but there are places that have made it super easy. And I'm going to give you an example e Touro okay so each Horo for as much as I don't agree with everything that is it's an on ramp to owning cryptocurrency that also lets withdrawal and you have to be exposed used and you have to learn this stuff somewhere and whether it's coin base you can complain about the fees to this day. Nobody has done. More for Crypto coin. Base nobody not not John McAfee not the president not your mom. Nobody's done more for Crypto than coin base and I mean mean that if somebody has dumb crypto besides the Toshi who created Bitcoin So I I should reference Oshii I but also nobody's been better better on ramp for Crypto. Nobody's been better. Proponent for buying Crypto then coin base and I will stand by what they done for the space not necessarily all their actions I cannot I believe that sold for nine thousand dollars joint base the only place sulfur nine thousand dollars but it did. That's not right but to me if you're vying. BCS At nine thousand dollars. You weren't paying attention folks and you're being greedy and you're trying to catch it before it went up. Stop complaining because you're you're gird decision Asian to buy something that you thought was going to go up went down. That's your own fault your greedy. You wanted to make money and you're mad didn't and it went down a lot a lot a lot. I'm not not saying you're there right but you're not right either. Shut up see. I'm still mad about this Ju- fired up. I mean I guess the tough thing right now at least being in it 'cause it is still like you said relatively new thing it's like the volatility is what keeps a lot of people interested interested but it also feels like the thing that's that Ki- like we want mass adoption to help you know just whether be your principles or you're I believe in crypto currency or just belief in the price going up but then also the volatility is gonNA keep a lot of people away so it's like a weird unlike cycle. You're stuck in you know as that goes Jim. When would you want to buy a volatile asset? When would you want to buy it when you got money to burn burn baby? Would you just jump in and buy it no matter what or would you. You're a relatively smart individual. I think of you as somebody who I trust in judgment and I would ask your advice on certain things right and so if I came to you and I was like agem. I know you're involved in. ABC whatever right. Not Nestle Crypto. Not necessarily anything I mean just in general and I was like. I think you're smarter about this. You've been involved and you have good judgment. You've been relatively successful in your life and I want to know about this and you said in return. Yeah I'm in. I like it. I've been in for a long time. And if I took that advice or that took that information and I went and bought at the peak or if I invested invested or if I did something at the height of that that hype I mean. Is it your fault that you that you were asked for advice and then gave gave your perspective on something that you've been enjoying now for five years or three years or something like that like who is to blame. I mean you have to be responsible and your answers but it's hard hard to compare things to crypto. Would you agree with that now. I agree with that on a technical level. That's absolutely correct. But like if you're hanging with your buddies or something in your buddy is like hey get in on on bitcoin it yet your fault. If you get in and then it drops but you're still gonNA be like Yeah pieces of Shit. Would you tell me get in your eighty. It's like even you're probably back in a rhythm by like you. You'd still have to know deep down. Definitely it's still your own. I mean you wanted to know like you ask for advice. You got advice for somebody buddy. Who's been successful or who has a very positive outlook on it? And you know is it. That person's fault. I mean I know a lot of people who won't talk about Bitcoin and it could be that person to but I know people who are like I'm never talking about bitcoin again. I mean I love Bitcoin. I know what it's GonNa do but I'm not GonNa ever bear that responsibility again because of what happened in twenty seventeen. Hey Hey folks anybody who falls in the category you're right I don't blame you. I personally think that you know whether you're right or wrong. You know on a moment to moment basis. Why are you telling people something? That's within a year like talk. Always talk about the five year plan. Talk about ten year plan. That's something a little a little bit more predictable in my opinion based off the history. Bitcoin if you tell somebody with the prices of Bitcoin is going to be in two months. You're an idiot stop. Stop Stop telling people. They're going to get rich in a day or a month or a week or whatever start talking about the five year deal and if you truly believe in Bitcoin take responsibility for being wrong five years ears. Not Because it's easy to forget or it's five years from now because that's what thick chart literally says and I'm not even a Ta Guy. But I can sit there and say Jim. Hey Look folks. I mean if you're sitting here wanting to explain bitcoin and people tell them in a year. Give people a perspective. That isn't tomorrow. Stop adding to this hype mentality and start building. Bitcoin in cryptocurrency has credible credible is if you went to start art telling somebody better stock and you're like hey look you're probably going to get ten percent gains over the next three and a half years people are like Holy Shit. That's amazing I man right and we're talking about bitcoin or cryptocurrency l.. Coin getting ten percent gains in fucking day gem like. Stop if that's what you're getting in or that's what you're telling people. Hi Coin Up. You're an idiot and I said it four or five times a night. Stop being an idiot folks start talking long term and start realizing if it's short term it's it's a short term project period stop. Bitcoin is in the short term project. It's a five year tenure investment. That I personally have made that. I'm believing in. It could absolutely not work out. Do I believe that Dud. No I don't because I would get out if I thought that I would literally get out of Crypto. If I didn't think it was GONNA work out I'm just sick appearing dumb asses explained things on a day-to-day basis rather than a year to year or five year or decade long basis. It's a decade. Long process is taken bitcoin a decade to get towards awards today if you want decade-long results from bitcoin again you're at least going to have to wait a decade. I mean at least stop pretending like it's happening tomorrow. You Dumb motherfuckers. There fuckers start being real ride or die. I gotTa Rita Jordan's comment here. You remember who said it but learning cryptos like drinking through a fire hose. So I think that's a great Great analogy there And then Yeah Ryan's also saying a better way to get from Fiat to any coin. Token outside of top ten is what needs improving. I agree with that and Joel. The only way mass adoption will happen is when we actually use it to pay for things on a daily basis. It's getting there. We have a long way to go. Yeah because the problem with that like especially like trying to like like again this friend I had who just got it like what. He doesn't understand it because it is so volatile is when you can get something and then a day later. It's worth a you know a decent amount less even though again. Yes if we get down to a currency does that in general all but people aren't used to thinking of it that way so it is like I mean in a way it is like opening your mind a bit more in the value of things in how that changes now agreed and Jordan Gladys. See You on here man Ryan Bergmark Dude already gave him a shutout Chelsea. WHO's on Joe? Who's been a great contributor tonight? Appreciate Shit everybody watching and meet Gemma both very grateful for the audience and And make sure you tell your friends about bitcoin. Radio we we really WANNA be voice for a reason and And I think it's a really cool combination what me and Jim Brings Sable which Jim is somebody who's stepping into the market with a very. I think Jim is a really sensible guy. And I'm somebody who has been a proponent and somebody who who really appreciates what bitcoin can do for the world and I'm very and I don't mean this in a political sense I mean it's like an individual since I'm very conservative in the way that a operate my life. I'm very liberty minded. I Want Liberty to exist everywhere. I want people to have the ability to to say this is what I want to do. I'm going to do it. I'm a hurting anybody else. So if I disagree with that none of my business they don't tell me about it right. It's more this. Space is very accepting of different types types of people. That's really appealing to me. Because frankly we all don't think it's an you're damn business. I think that is such an incredible aspect of what the positives positives are in Bitcoin. In the way of thinking let's not ruin it thinking. Everybody needs to get rich to be successful in this endeavor. Think about it as an ideology. Theology has legs. We've already gotten a lot of people to believe in the space now. Let's start taking the blockchain more seriously. Stop thinking about it as gains and losses now so obviously. I wouldn't be here from early on if I didn't think bitcoin was going to go up. That's what brought me into the space I bought in because of the gains and as so often often said I stayed for the liberty and that is so important to embody so important to appreciate. We don't have many chances. Left folks as technology gets bigger as as technology gets better. We don't have a lot more opportunities to take back this liberty that exists at every time they take a little bit from Rama's doesn't matter if you're a Republican doesn't matter if you're a Democrat doesn't matter if you're a Marxist or doesn't matter if you're a super you know anarchists. I don't care what you are. Just don't take our liberty and don't stand Rob Sam by as one more piece liberties taken from you and piece by piece. It doesn't seem like a a lot during our generation but let's go back two hundred three hundred years and watch as deteriorated now. A lot of good things have happened that timeframe and a lot of laws need to exist in a lot out of government has been great for people but a lot of government has been bad for people and historically speaking government eventually takes control and they overbearingly decide. What's best for you? We're not there yet as a US but we there as a world people want to have your conversation for you and this is what I believe. Bitcoin should be in the first and foremost front of every conversation is it's a way of bringing the the power back to an individual. I don't like it when I see people are about politics especially when it comes to social issues. People can do whatever they want to do. I don't care the laws. Are you could argue. Love watching two straight people argue about gay Gay Rights like it's none of your business whether you support them or not like I mean like if I first off I'm a supporter of individual rights. So I'm for anybody doing what they WANNA do. But whether you disagree or not it's none of your business. Do Shut up. Why do you have? What are you even even a perspective? It's only an issue of people are being prevented from doing an act or doing something that they want to do. And I don't care about the gay marriage stuff like that means nothing to me. What matters to me is that people are arguing about things that don't matter when bigger things are being done while you're argue about small things? Sorry Jam that was another rant now. Now I think yeah I think you're nailing it. You're on one tonight might do but You're on a roll another Auguste Good I. I don't know how much longer we're going here. I mean we're coming up on. I know we're up. We're down. I didn't want to interrupt because I thought you're kind of bringing it. There I was I was. I was making sure that there was a reason for the episode exists. I think a lot. I think you know we talked about. People want to hear about the pricing. They want to hear about thoughts on that. I think we hit on that really well and you know. What else are you going to do here? What do you think everybody? Bitcoin four the number four bitcoin for Christmas Dot Com. Go check it out. We've put together mouse bell in here at BITCOIN radio will put together an actual website to help you have that conversation. Conversation during Thanksgiving to get people to understand. Have a a ability to Check all the resources that we think are the most relevant the most prevalent the most host obvious important ways to explain this space to people right whether you're there or not. They should be able to go to that site. Whether you need need help we want you to be able to talk about going with your family. Your friends people who think it's crazy have a conversation. That's sensible realistic. That has the ability to not not change in opinion but at least give people the idea to keep an open mind. That's all you gotta do. You don't have to tell people nobody's GonNa listen to you on day one if if you say. Hey you're gonNA make a million dollars people like okay. I'll try it but now you're on the hook for a million dollars right but guess what if you say at least go look at it. Let us I let the resources that we presented be that voice let it come from somebody else. Don't be the person that says you have to do this. Nobody wants to do things they don't want to do is say. Hey Hey do this for me because I think you might benefit from the information. You don't have to buy anything right. Let people make decisions for themselves. Jim Sin Sonos opera. Well people you know we know Joe Blackburn's doing for the crypto space. You know you know you know what I'm doing. What are Oh you do? What are you doing because to immerse belong stall US up till next time dotcom cow see the bitcoin lives?

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eps.058 - LIVE - Crypto Wars: The Rise Of Bitcoin

Bitcoin Radio

1:31:40 hr | 9 months ago

eps.058 - LIVE - Crypto Wars: The Rise Of Bitcoin

"All right everybody. It's that our weight. Wait on every week. It's the BITCOIN radio live cast. I'm your man Joe Blackburn along with my other man right here. Jim Scam Hallway. What's up everybody? How's it going? Jim Jim what do oh man. It is just a brilliantly horrible weather situation where I'm at yesterday. We had tornadoes and it was cold today. I know but you northerners and even you Jim probably like make fun of me but it was like thirty one degrees out today below the freezing line. I was freezing raising. I was like what is going on here actually ended up having to go to the woods for a little bit today but But I get back and bitcoins been kind of having a Shitty last twenty four hours down like three or four percent sent no big deal But today we have a little something special to kind of warm me up. Bring some holiday. Cheer don't we I mean yeah I think a lot of people need some holiday cheer because it's doom and gloom on the bitcoin front especially if you're looking at these charge looking at these price saying looking at these candles We're on a downtrend folks get used to it. Hey Bro you chill out. You already know what's going to happen so tell me. At what point did you have to buy for that to be like a time period in which that sucks Jim What do you mean for right now for it sucks man? I mean I guess if you aw anytime from like the summer till now right I mean you tell me like I'm not mad. I bought a little higher fire. I'm not mad. Don't get me wrong. I'm not mad. I'm a realist. But it's hard you can't you can't mess with the numbers I mean I'm people are saying two point in eight incoming been saying for since it was three. I don't WanNa hear this. You know how to get me fired up and I'm already mad about all this anyways. Moving on today is a really awesome. Show it's our first really official Colin. Show we've allowed people to join us before already. Got Two people in the lobby. Jim Imagine that they got their slots. And they're already in. I see Jeremy and joe down there but We'll get you guys up here shortly folks but today you know bringing on people allowing folks you the audience that come onto the show to be able to to partake taken this to be part of this of this experience you know the bitcoin experience you know my goal and every day that I do. BITCOIN radio is so that if somebody who's never been in crypto currency before we've never heard of bitcoin or someone who's been in five years at least can have someone they listen to and isn't always just this technical or super nerdy or whatever might be type of environment where people are just kind of get bored quickly. You know we want to relate to folks and so if you come on and you talk technical Nicole great but we don't want that to be every day every moment. Every hour of every second quin radio exists. We want to give the opportunity for the average Joe. The Person Mike me the person like gem you know to come on. And here's something that they can relate to and I think that's what we've done a good job man. I'm getting the feedback. At least what do you think Jim. Now I agree with that but You know that's I'm I'm also I try to play the role sometimes of Joe Blackburn and he is you know bitcoin radio. He's Bitcoin bitcoin Mac West. But I like to. I like to throw a couple monkey wrenches into the system just to see if I can shake them a little bit. See if I can get get get the bitcoin from his cold dead hands if you will. You can't shake me. You can't shake me gem. You already tried today once anyways all right so couple of things obviously the bitcoin price as GM let us know Has Been a little bit Shakey. And we've hit US another support line here in this in the high six thousands thousands that you know if you look on a traditional chart this has been a traditional support line we lose. I'll change my tone until we lose the actual support if we haven't already by the time on the does actually it's happening You know I still feel very confident that we're in a place that can maintain an even grow from backup to where we've been at different times in bitcoins coins pass including the most recent past history. But it doesn't matter and I know that people who bought in or who who have bitcoin or who see their investment meant or their their purchase into a bitcoin currency. You know or into crypto. Obviously what they're doing and I found this the less you the lessened matters right the more Yonne. Wow the more matters so the simple fact is this most of you don't own enough bitcoin. And let's be real here folks. This is not a hateful comment. Most of you don't own a bitcoin for it to be like the most devastating experience of your life. Okay so chill F out. It's got to be okay right now now if you did if you own a full bitcoin encouraged and I hope everybody does. At some point you know have their own bitcoin. But only twenty one million people ever can own one. And that's not a lot of folks Jim and most Celo people right now that own. Bitcoin do not own one one full bitcoin. I mean I would say significant number and I've seen the statistics it's like ninety. Eight percent of people who were in. Bitcoin have never even owned bitcoin at one point in their life. Yeah there's just it's all about the fractions all about the little piece of it but I mean this. This is definitely your weekly like Chill out alert. I guess so. BITCOIN radio does hurts like all right. We'll check in with the chill out alert we got Joe Blacker and telling you the chill out right now But you know you also can't blame people sometimes we're getting a little getting a getting a little nervous You know after seeing after after after so many ups throughout the year. It's tough to see so many lows but it's all part of it you're right and look I'll be saying the same thing. I've learned my lessons when bitcoin going gets up real high. I'll tell you chill out. It's not going to go up for forever right like we're just on the other side of it right now. I've learned my lessons. I'm looking to transform warm. The crypto public until at least realistic expectations. Even though I'm not always realistic I'm also somebody who has a very high hope for Bitcoin. So I can sit here and Jim. You know this about me very well this point because we've gotten very close but I sit here and talk very bullish about bitcoin. Because I'm not looking at tomorrow's price folks. I'm not looking at what is going to be at the end of the month. I can't wait to see where Bitcoin is in the year. Two Thousand Twenty four or twenty twenty eight so you can shut. Shut your mouth when I started asking folks you know. Why aren't you bullish? Because I'm sitting here bullish not for tomorrow. I'm bullish long term and the weather that long-term is today with the alternative tomorrow. I don't care at one point. I bought bitcoin. I literally bought bitcoin eighteen thousand hours once right. Those people who who can relate to that I mean I sold prior to it running up. Sold it like some. Bitcoin like sixteen thousand it kept going eighteen thousand. I'll say oh man it's going to twenty foam bought back in city city baby and then guess what I didn't believe it was gonNA come back down and washed across eighteen. I was like Dad Gum and then it went all the way down right and so we all could have done things differently. But I'm not mad. I just added more. Yeah now everyone's just cash out for Christmas man. Everyone just needs. Everyone needs to cash out a little bit people going on a tear or this year. Two Thousand Nineteen going to be the biggest Christmas ever. That's all it's happening. It's going to buy right. That's an look. There is not a better time. Also this folks. I gave my story before. War and Gem. You heard me say this to you off camera to I once bought bitcoin for Christmas for everybody in my family. Oh what did I do that when I had all this extra bitcoin lane around back in twenty seventeen and then everybody who I gave bitcoin. And I'm not I'm not joking. I probably gave thirty people bitcoin that year right and upwards to several hundred dollars per person I mean I had a little extra wine around. I mean it was a good year and when I gave that out you know I've I've had people including my father-in-law he was like a job and watch my bitcoin. Oh man what's the person quo. We'll watch my apple. Watch tells me what type price of Bitcoin is. I'm like I don't WanNa hear this crap. Newark I will never get going for Christmas again but this year is different. I think if you're buying bitcoin and if you give Bitcoin for Christmas this year you're really good position to due to give it and then let people watch it grow whereas back in twenty seventeen not the best time to be buying and giving Bitcoin as far as what the worth in especially to prove that it. bitcoin might be worth holding at some point. Zev Accents I mean. I think it's a good time to buy bitcoin for Christmas. BITCOIN FOR CHRISTMAS DOT COM folks. Check it out absolutely well as we have the colon show. We're GONNA get to those. I think we we're going to be working to bring on a I. I think we'll have JOE on first and about about five minutes or so but my question for you before we get started. What's that you know? You have to listen to me. Talk all the stuff and bore you a little bit about Bitcoin and and and I know that you like it obviously give you crap a lot but my question to you is you know not. What's the price of Bitcoin going tomorrow? Now is bitcoin ever going to get this high again. But do you think more people are still interested in buying bitcoin. Just from your perspective I will say from my perspective from Someone relatively relatively new to the scene. I'd say interest drops when the price drops I Yeah I guess that are probably fairly obvious and not to put the blame on people but it's also like between the price and then everyone kind of you've been very doom and gloom just kind of a baked engine that for a little while you know maybe when things start Picking Back Up. I'll put my ear back to the ground and see what's going on so I think that's kind of my general point of view because I think I'd mentioned a couple of weeks ago when we were talking is like I I don't really look at the pricing that much as like as much as I used to again. I guess that's just natural in general just getting used to it from like when you first like you'd mentioned you give Bitcoin as a gift and when someone first gets it. They're like checking on my apple. Watch I'm checking on this Blah Blah Blah. So so I mean I guess either way where the things are gonna down point or not that the novelty of that starts to wear off news get used to it because you understand that. It's a volatile market and it's going to go up and down out and if you don't really have interest in selling anyways it's not really who cares but also like out of sight out of mind for a little while So at that it's just Kinda like especially with the holidays and stuff coming up. It's like all right. I'M GONNA focus on this for awhile. BTC's in the back of my head. But it's not to the forefront forefront that much now I think it's a very fair perspective Jim and you know I mean that's the same thing for people in crypto right so so I mean like I I look around and I talked to my friends and family and you know we address. Several times since since Thanksgiving was really gearing up. It's okay folks for you to be you know unsure about the price of bitcoin on a moment basis. You know it's okay for you to be unsure like the the idea that anything is for sure guaranteed will only hurt in the long run. You should be very skeptical about anything whether it be big win whether it be the stock market. There's a time to buy enough time to sell for every market on planet Earth period including gold which has been the forever currency right. I mean it's just one of those things so I'm actually sharing this indices e t right now and I'm going to go go ahead and bring on Joe here shortly Joe so you're cued up here for the next two minutes you'll be on shortly so get get ready. Joe Hope you have your material you have A. You're going to give us a presentation. I heard one second. Jim Take it away for one minute. While get this shared. I was just going to say one thing on that though too with the price being what it does is like you know. I'm in a position where sometimes times I get sent bitcoin whether for payment or whatever but now of the motive like as soon as I get it you fucking out here. Sorry sorry I can't old. It is because this is supposed to be my payment. That's not my investment so I guess I am Hodler at heart unless it's like a payment that I'm supposed to be getting when and a and in some cases now like just send me cash motherfucker like I don't want this shit. Where takes fucking hours to get to me? And then by the time I get. It's worth less than it was got them. It's hey fair but you know what they can also work out and your favorite and it has before I know for a fact it has worked out for you before you take the good with the bat for shirts right. That's all right okay. All right so let's go ahead in get. This party started Jim. which man a yeah? Let's do it also apologize for my Blue language but you know for what this is. Bitcoin no one's GonNa tell you what you can or okay not do all right so as we get moving forward. This is something we want to do at Lisa Wants A. Let's say once or twice a month when you say that we would like to offer this platform to the community where they can come on. Share their thoughts. This is we've done it before a little bit one way or the next but you know this is really where opening up. I've had probably twenty five people who reached out to me messages. Internally of those twenty five people about seven people actually followed through and hey I want to do this okay this how do I do this Boa. And then obviously I have some folks let the moderators and I asked him to participate tonight to in to be part of this and I look forward to hearing the community's perspective I look forward to having having people actually step up to bring to the table something that's a perspective from the community. It's a unique perspective. Sometimes sometimes it's a very generic whatever might be but bring your thoughts from CC. T bring your thoughts on twitter. Bring your thoughts from everywhere. You're talking about bitcoin bringing us. Let's talk about. Let's have this conversation so without further ado. Let's break this thing open. Jam Is the First Live Cast Colin show ever as a tandem as bitcoin. Radio live. You know we're GONNA do big man. Yeah let's do it. I'm in let's go change. Change the way all right so first up. We got Joe Carlo. Sorry I think and if I didn't you can tell me here shortly. What's out Joe? The show. ooh What's going on guys. Joe Jim how are you. I enjoy festive background. He's got the fireplace going. Yes I let me thank you both for all the work you guys do. I know I appreciate it. All you got to put up with a lot of grief I appreciate it and a lot of people. That don't necessarily speak up and say they appreciate it. We're we're out there so just know that first and then secondly it as a fun day I look at this as an opportunity. I get excited about them rather than discouraged courage because I think it really tests what Bitcoin is anybody who follows. Andreas nobelist knows a bitcoin. Is the sewer rat right. We're always getting thinks throwing at us. We're getting price hit. We're getting now about a double dip bear market. which I think it's things to be excited about because with every single moment it? bitcoin survives. It's going to get stronger. It's going to get better and I say that there's somebody who's been through multiple bear markets going back to the first twenty fourteen okay. I've sold it. I made all the mistakes but I wanNa tell you just anybody's watching this. WHO's WHO's new to the community? Because I think that's who are geared to the most important thing you can remember as you're going through this is that Joe said it's not the end of the world once you have tons and tons of bitcoin which she's unlikely for the new folks we'll come back okay. It is always come back and it's come back stronger and better. So that's that's something number one number two. You have to stop ops thinking about bitcoin like a regular investment. It's not a regular. It defies the laws of every investment asset. We have had in history. There's never been in anything like the censorship resistant uncomfortable. That's got all the attributes. got a finite fixed supply. There's nothing like when people try to draw parallels I'm the big Ta Guy. I've been trading since I was sixteen years old but he doesn't work with Bitcon our it's too complex of a market especially now the derivatives and the over leveraging. Don't worry worry about putting what you can afford to lose. And if you've got more money in their than you can afford to lose in your over leverage you need to be leveraged that's number one but beyond that just write it just realized I'm buying into this because I believe in it because I believe it's an asset unlike any other. I believe I love what you said. In fact I'm actually going to jump off I'M GONNA go grab a drink. You can have the show from here obviously joking but that was really well said and for those of you who may have not heard my episode last week or skimming. I think it was on Monday. Actually yesterday I went into gotTa start having some realistic expectations. bitcoin too much optimism. Too much pessimism on a short-term level is the killer for anything now let me ask you Joe. I mean you're obviously smart guy. We've had a little bit of conversation back and forth. I've obviously seen you in and out of you've been a great contributing member. You you know someone who i. I've looked up to some of the things that you said. And if you're not following joe on facebook I suggest that you guys in twitter. Of course you know but and I'll let let you plug yourself here at the end to rub off but You know one of the things I want to ask you. Joe Is. You're pretty grounded dude from everything I know about you. Obviously we're not actually like the you know super hardcore friends but I'd come to respect you to a little bit of an extent obviously for our little interaction. My question is this is as the new person coming in this. Space tends to attract get rich quick type of folks right and that's continuously. What pulls us down right now? We're doing two billion dollar Ponzi scheme mm-hmm if not more I mean I just saw the numbers a little bit ear there but this continuously happens like winter people going to learn like from your perspective as smart as you might be. Obviously we can't fix the problems or we don't know all the answers answers but what what we'll fix this. I don't think it needs to be fixed to be honest. I look at it like this. Okay if you WANNA regulated controlled in an ways manipulated market go and go into stock mark. Look at what they do is quantitative easing. Look what the Fed does with coming that is destroying the curtsy artsy has made our country great America another people had not in America of course just made America great okay our currency and they are destroying east by I pete and Bitcoin offers in all. Turn if you want. I think one of the reasons why people are are sort of a scourge about bitcoin in the manipulation is because it is under you manipulate. It isn't a free market. Anybody can go in there and if Awale wants to buy up five hundred million dollars worth of Bitcoin here she can do it. That's that's that's part of the beauty beauty. It's it's not a flaw. It's not a hug. It's a feature of the currency and you just got to be prepared for a wild ride. That's why he older guys that have been in this for a while. They're it just it's right. We don't feel that sin is yeah sure you know. I've got a good amount of bitcoin heard Sunday like this. But I look at it like okay but this is why I like it. I WANNA fed to the Federal Reserve to come in and pump up the stock market. Anybody's watching the stock market in this year. It looks like an off course. For God's sake it's up like thirty thirty percent. Why is it because you have all this price? Because a very small market space that's almost manipulation and itself right like I mean absolutely suppression of a market that's manipulated -able you know asset quality. And if you're you're right though like a on manipulated market I mean an individual can go into the market and technically selling bitcoin on purpose. Because hopefully it'll go down is intent. I mean manipulation is intent as as I understand manipulation. At least absolutely I mean do. We don't have this and and I think we're spoilt as Americans particularly we're spoiled. Because does we look at the stock market and socks. Go Up Right. You buy your stocks. You hold them next year. They'll be worth more than they are today. That is a product of the liquidity and acuity that the Fed is pumping right. But we know that what they're building is a house of cards because on a house of cards. It's mass and John maxine rights. It's backed by twenty one million back by code that cannot be altered even if the person who had the biggest bank account wanted to roll up in the bitcoin in Wanda manipulate. They aren't GonNa make any more coins. There's going to be a finite survive so when you buy bitcoin you can't look at it. Like why bought Apple Stock Stock to eighty announced to ten. That's a bad and now it's totally different paradigm. It's a paradigm shift that we need all just you the Jimmy but let's look in the moment now like someone can come in and pump and dump bitcoin right. I mean like I know where you're already saying but you're saying like how you're saying that that's more of a positive I mean I guess it's a positive because it's not you know being controlled by an outside source source but technically yeah like someone rich enough can just come in by a bunch trying to drive the price up and then dump it. Yeah right so you think about that. Let's run with that okay. If you were to happen. Does that scare you. I mean personally right now no just because like you said. I don't have a ton of bitcoin or I don't don't have a ton like invested where it's like something that would really burt me if it went away. Type deal right so most of the people that that scares. There's I would argue. They're over leveraged are too much skin in the game. They maxed out credit cards during the crazy. Twenty seventeen run and they're thinking goat all all assets only go up. That's not the free market right. If you want a free market that's not controlled by essential authority. It's GONNA go up it's GonNa go down you. Invest Invest when you can afford to live with EU worst case scenario imagine I always do an intellectual exercise in guys who had a lot of bitcoin. Do this to you think about what if bitcoin fell to five hundred dollars tomorrow. Would I still be here. I would I would right right so so yeah I mean that's kind of how you have to look at. I know it stinks because I lost money right. That's why I always tell anybody's going to buy bitcoin if you'RE GONNA do not buy thousand dollars with By fifty dollars and by hundred then maybe another fifty than another hundred and work your way up right better. They call dollar cost averaging for people that aren't into the investing world. But means is whatever you're gonNA put your exposure on do a little by little and don't go nuts when oh it's going up. I gotta go in and buy more. That's why we have these suites. It's all psychology. It's it's I think it's also the brick markets all driven by psychology. People are panicking right now thinks the end of the bitcoin and it's the ninety nine bitcoin has died in. It's going to go to zero right. It's it's at six. What is it sixty sixty seven hundred still Dan rea? Yeah I mean it's it's it's a game of emotion right and and you have to be smart with it and the promise you a lot of people in here. That are unsophisticated investors and they get eaten alive by the Quad. Especially now you have these quads Don. I used to create a lot more bitcoin than I used to now. It's so hard to beat the computers. They're they're literally they can interact chain micro transactions they can use leverage. It's so oh heart. I still do a little bit. But I'm merely I'm just Holler at this point because circuits is crazy about Jimmy. The shelf say what you want but joe thanks for coming on tonight man. It's great great to have your thoughts on a look forward. You coming on more often. And he's getting your opinion. And your your insight. I think it's tremendous Jim. This is kind of off topic and I guess maybe maybe would be in relation to any type of investment but a- and this isn't necessarily my point of view but like when you dig around online with a lot of younger people it seems like people are more going towards like anti-capitalist views on what does that say for something like Bitcoin de feel like Joe Either Joe like is that just like bitcoin still because bitcoin join does try to or CRYPTO. General appeals to more of a freedom oriented. Crowd does have crossover to people that. Don't WanNa like more social by. I guess maybe not socialist. But you know maybe anti-capitalist point of view would say anti-capitalist Majel lets you have your thoughts on this but joe go ahead into this plug plug yourself. Let us know where everybody can follow. You find you all you keep it a little darryl on the live in real quick I think that the the lower the people that are drawn more more at say leftist policies socialist policies. They that is because they feel rigged. The system is rigged. They feel boxed out of the system in the free pre-market because of the actions of people like the Federal Reserve Because all the money's flowing to the top because we don't have a free market and they're mistaken the symptoms for the disease. You need attack the disease. That disease is the manipulation by the Federal Reserve. Sali with I know we gotta go. You can more often also B and C C. Uh Joe Carla. Sorry at at twitter and thank you guys both. I really appreciate you got it on all right Joe. Thanks for hopping on Jim Points and I have. I'll cut out onto what what What Joe was saying there and you know folks in and this is not to get a political? This is not to get into a situation but everybody has a reason why they feel a certain way. Jim I mean you've had some pretty in depth talks you know usually over a couple drinks but one way or the next. You know you've never said anything to me that that just like makes my jaw drop like you idiot. We don't agree on everything you know you. Clearly you've seen where I live. Have you seen how I live. You know I'm sure you're probably like Joe. It's a little bit weird and I don't probably I don't want to speak for you but I don't think I've ever said they knew that. Like just so completely off off the wall that just you cannot relate to it you know in any way or at least you know. Have some some respect that I'm not coming from some stupid place right and unless that was something. I don't remember which in case I probably have too many drinks. I mean would you say that's a fair judgment. I think it's completely fair. And because of that even though we have have not agreed on everything you know we we've still managed to like completely get along have mutual respect and love for one another so some extent of the next and also appreciate each other's opinions and other ways and obviously I tend to talk a lot but you also talk a lot and we've even found a way to make that work somehow or the other but but long story short is even if you disagree with me you have learned to at least understand. I probably have a reason why I'm coming from that. That position and in return I feel that same way about you right and if humans learn to have that opinion about each other that hey look this person even though you disagree with with them even though they say stupid things online doesn't necessarily mean that there are a stupid person and therefore they probably have some experiences have led for them to to end up where they are. But that's another that's that's another day. I mean it just Kinda ties on a little bit. What you're saying? I think Joanne answered well. I think it was a great answer. Is the main reason why I ask like again. It wasn't even necessarily area that it was my point of view. It's just 'cause he's bringing up the free market which I think is a great. You know The scripture of Crypto and Bitcoin in general But you know within its volatile state. It can be easily manipulated and I've seen with a lot of social media arguments and especially with what would it appears to be a lot of more. Young People's point of view is like free markets. More of a dirty word these days because they don't trust in it in general they don't believe that it's a thing that exists exists or like. He said they see it as rigged so I think he gave a great answer. I was just kind of popped in my head because I've seen it brought up a lot in arguments and I've seen people kind of poop who on that in general Because I guess they've lost a lot of faith in the system so I just said so. Yeah those are great call in a a lot of good information so yeah really appreciate it. And thanks for jumping on all right next we got. Darrell Darrell you. GotTa I'll give twenty second little buffer here for actually put you on. Yeah I can see it down there. So you're you're up next and then jamming you'll be right after But Hey folks thanks Joe. I see your comment down there man. Thanks for hopping on it. Was it was great to have you. I look forward to your contributions nations more in the future Rob even a great great contributor as far as comments go. I'd love to have you on to Asher. Always welcome as well I will. I will re post the The link shortly after we have these next one. All Right Darrell. You Ready Man. Let's go what's the peach everybody. Hey how's it going guys is happened to be on the show. Thanks for having me absolutely. What's up before we get into a lemme ask you got year rise skywalker tickets for Thursday night or what yeah? I don't don't have time for any of that stuff now. Doing pitch envy pitching the envy startups. Tomorrow we're back and forth between Silicone Valley. I don't have the time for TV or movies or video games or any of that. Fun Stuff man. We are all business right now. firing on all cylinders barrels in a unique situation. Where he's he is so you're actually at a big band as we speak? Yep So we're at a holiday party For one of the bigger companies out here Global Block builders. They did a conference over the summer. I believe a lot of the guys from cvt were there and so this is their holiday party. And there's a it doesn't and a half two dozen people here it's just starting to ramp up and I actually didn't know it was gonna be today when I said I'll be under your TV. Show six o'clock and I'm like okay. Tape I can handle that because you ever inaugural Henderson. Nevada was out gyms over there in Nevada as well hanging out nice man. I don't know exactly where Henderson is. But I can tell you this much. I'm a Mississippi and it's thirty one degrees and I'm freezing. I don't know what the temperature is over and when I woke up this morning so we're not too far off for me man Dan. Look we're we're around the same you know latitude line right like we're going across the country I mean I'm not used to this cold weather especially not at this time maybe January February Abi worry it gets down to like under freezing at times but I was in the woods today. The Woods Right. I wasn't I was like hanging out in the woods on purpose and I saw a snow flurry and and I was like. Oh my gosh. It's freaking cold anyways off Jay right here. What upside? Why don't you do a man I? I don't think he can't hear you. I got he says what are you doing. Man says keeping a real sounds like you're all keeping it real. Okay Okay so darryl tell us a little bit. What's going on in your life man? Yeah man so Quincy Years Club just got through an accelerated program Silicon Valley. We did eight weeks. It was intense we produced about eighty documents. While are out there. Her and then we went up and pitched panel last week. got some great feedback some good content But the pinnacle of the entire experience was we are on this week in startups switches. California's last Friday. He did three episodes that he shot from a Wilson sincerely Law Office from the salesforce office in downtown San Francisco And and anybody could show up. They picked the first six people that wet. We're the first ones there so we went up there. We're able to pitch him Flawless pitch great feedback and our goal is to hopefully get into his accelerator Because we WANNA level up our connections but as far as funding and things like that we only do traditional VC funding so we're not trying to like an icy Ohio or a seo or any of that stuff we're going the other route. Oh you're you're a mature company trying to raise money in a traditional format commissioner format in the United States. Goodness gracious like. I haven't heard this is what am I doing. What do I do with my hands? I confused now. Congratulations congratulations there. Are No you guys are kicking all right. So let me ask you this Daryl. You know obviously you guys have a lot going on in your. I appreciate it. Takes time out your holiday party having define a few drinks but you know what what about some advice to maybe a strong willed or a somebody. WHO's somebody who's really excited about? Maybe doing something that space and I think that that really embodies about kind of where you were early on in this and you made it work. What was what simple some advice? Real quick on what you would say. Hey this is how you should do or this is why you should try like what about failure I mean how many times do you failed. Like give us a quick rundown Yemen so you hit a ball in the head so what I would say to a young entrepreneur in the space. This is A. Don't stop don't give up take every single risk but don't cut corners. It's exceptionally important in this space to have ethics. It's exceptionally important. Horton in the space to make sure that if there is a regulation or a law or a governing body that has control over. Whatever you're trying to do you should probably follow them now? There are some states that have cooled ways the Ben Laws Nevada's one of them You know allow you to circumvent certain types of laws and regulations out here but if it's not okay. Hey by law don't do it if cuts corners don't do it But take that risk to go out there and be everything be at every event be he at all the meet. UPS Go to the parties. Go to the conferences. Even if you can't afford the tickets of the conferences go to the lobby of the conferences. That sort of stuff always sneak in not to cut corners on that part you can. And that's the thing like let's say I saw you conference. I don't have a badge. You're like hey man I'm GonNa go get lunch. Here's my badge next thing you know walking around with Joe Blackburn batch same thing it's converse with a badge pulled that myself. I've done that exact same thing. I don't want to be your friend unless you haven't done that. So we got into consensus last year. Great man but I mean that's kind of other part of like what you think is the preconceived notion of how this industry operates operates where you have to have to rancher ticket. You have to have twenty five K.. For a booth that's not how businesses are built us your network building network. Use Your network use your connections agents and get to the end goal because if you say you have ten thousand dollars to start a business. And you're spending twenty five hundred dollars on a batch watch. That's a horrible business expense. Get yourself a go daddy. Account get yourself a male chip account or not because they kicked us out. But you'll get yourself those type of proper proper business funneling systems and the rest will come. You know the network will come. The connections will come and even if you go to consensus and you don't have a ticket for consensus insist but you know we're all the parties are and we did that with a we had a ticket for SF blockchain week but you know we ended up getting invited to like forty parties. That were out there. You get a spreadsheet next thing you know you walking all of them so that's really my advice is it's easy if you take it one step at a time but it's also exceptionally difficult because you have to put everything into it and they'll call you out and I don't want to pretend like I know everything in Jim. I'll let you talk here shortly but I I've always said this and I know Ben Barlow co-founder fantasy. He he agrees with me and obviously my my position is very different than everybody else. Especially if you've got a business I don't necessarily have a business inside this. I have a networking opportunity. Indy on a digital level. I guess right but when I go places. The whole point of every conference is essentially networking in some capacity. Right I mean if you're a sponsor because you want to network and get your name out there and let people come talk to you and you know get some exposure if you wanna go there and you want to have a thorough parties because you want people to come and network at your event event you. It's all about networking and you don't necessarily have to be anywhere. Except at the places. People are even if that doesn't include the conference that have have make sense. You know I I. I haven't really talked yet but having great points they'll thank you know. I mean that's fine. But what about tips as far as you meant like both guys talking in a lot about networking I mean. That's GONNA come down as schmoozing then right because I mean I know my main man Joe Blackburn. He's like an extraordinary when it comes to schmoozing with people's though record when he says schmooze he always says it like this. I mean he's from Baston I. He's a northeasterner and grew up in Connecticut. So I'm feeling right here. I'm not some like sleazy Schmoozer. I know you know. But that's that's the way that I've always make you make it sound so I'm GonNa make sure you everybody else knows. It means I'm good at being genuine and having conversational or folk gem. Well I mean I guess just business in general because it is about selling allowing yourself. It's like the old like you know. Business deals done on the golf course back in the day and I mean even to this day actually analogy. That's not always always a natural talent for someone. So what's what's what's kind of tips on that competency. You go like. What's the fine line there yet? It's it's a lot confidence up. Forget Larry Larry jumped real quick a lot of confidence stuff but think about this. You might not have the skills to go out there and start a conversation with somebody random but if you truly truly built an amazing product and you're going to be able to talk about that and they say that a lot with founders. I go up in pitch. They get caught in the deer in the headlights hunted scenario. It's like you. Just oh your stuff. If you know your stuff you can go up there and talk about it anytime and I mean there was a point in time where. I didn't know everything that I know. Now and I had to learn and learn and learn it comes from conversations with guys like you and continuing to hone those skills. You know what you're doing. Then you should be able to articulate azoff absolute absolutely. I mean if you're technical co founder. Hire yourself that. CEO Sales that you need that Steve Jobs Wozniak. You need to find jobs. I'm sorry the sacred sometimes people are almost too knowledgeable to a detriment if they get bogged down some technicalities and you need that. Like like almost salesman type pizazz sometimes off though because salesman will cut corners and it gets back to that all ethical stuff but leadership talk in in front of people. Well Daryl. I think that's been tremendously and I really appreciate your insight there. I think you have a ground level. Grass roots approach. And at the same time you can see at high level and you know what's next and I wish you nothing about success as you already know that and I appreciate your influence even though you weren't in Vegas even though you're from that area or not from on there but the Reagan Henderson. Yeah Yeah exactly. See you in Vegas because you're off doing some other shit that's the best part about you. Know World Khan and Vegas Blockchain leak were happening as SF blockchain. I know I know in in accelerator for two days. We had to go to classes and then I'm like well wait a minute. I can meet the wave steam team so Chris handled everything out there. Brilliantly I mean and that's the other side that's what comes with forming. A team is if you're just one person and your business can't operate without without you you can't scale and that's you know that's important where you know. Coin Sierras shouldn't be. That's obviously the people that don't know. That's our brand shouldn't just be me. It should be anybody. That's art of our team. Should be able to articulate the details about a product or platform. And what. We're doing the same way we can. And so that's not a business. So well Daryl again thanks for coming on. We got on next. Go ahead and we'll break here until where can people find you in. Just just plug yourself earthquake. Yeah so coin sears. Where we Quincy Dot Clo- Daryl Coin Sears Dot Club I'm at Daryl D. on twitter And we're just trying to be that Silicon Valley. VC backed crypto platform that follows all the laws in the United States. And you know so does the right stuff. I don't know how to say without being all right man. Well Look we appreciate your daryl brother appreciate you coming on. That means a lot you got to crank it up. TM EX party up that party. Yeah man looks like it was. It was just about to get rolling up and I'm a little jealous. I'm not there but I am doing in my own party here. Jim and honor view. We got look. We have Jeremy on coming on next Jimmy. Here's your twenty thirty seconds and then we got the ashraful staint GonNa come on for a few minutes with us after after jamming so I look for everybody. You didn't realize this ash just today changed. Maybe just like this hour. Change her profile picture. So make sure you go look make sure you go see the roles and just change your profile picture comment on that. Give her some love. Make sure she knows that when she comes on. Just show what's up. Everybody knows what's going on all right. Jeremy You're twenty seconds is up. Let's go let's go Jerry Mitchell. What is my friend a longtime Joe? Has it been really. Hey Jim you got your Thursday tickets. The rise of skywalker. A what my guy six thirty show. Yeah there you go. Finally Gem finally finally. I miss that I know I jim. Why don't you go ahead and start this? I have great relationships. I can't wait to hear it. Let's go So Yeah Where are you on your watch? You re watching Star Wars. What order? I'm I'm a little behind. been a little busy and stuff but I super hiding. You haven't seen one of the movies yet. No I've seen all the million man to to get up to. I know exactly everything I'm I'm up to date but now I'll probably watch one tonight and maybe a couple tomorrow and then a get up to speed. Do you forgive me if his personal do you have kids. I have three kids now. Have you had one. Have you shown them star wars at my oldest L. dollars to have seen a couple of but when but they're not big movie people so they can't sit still for very long fair. What but what order the most important questions? Here's what order. Will you show them the movies in. ooh good good questions. That's a conflicting thing. I've had this debate with a bunch of friends before i. This is what happened. Joe Turns over me talking right now. It's not I WANNA be. I WANNA have this conversation. I feel I feel like if you start with one that might turn them off from the franchise to begin with but and no way Kidman Apprentice Jar. binks may like that. That's exactly isn't data's everybody says now. Judge brings is terrible. I re watched you agreed bad for you. But what if you are a seven year old but either way you still related relate to charge our banks. You should never show someone the PREQUELS I. That's that's the thing I'm I'm with you Jim I am. I saw four five six one two three seven eight nine. I think that might be the IT. It's actually the way you think about what you think about what you just said. I started with four five five six one two three seven eight nine. That's the way they came out so obviously. The math is not make. Add up but I will. I'll say this because that's the way we grew up with star wars right. I mean I remember being in what the seventh or eighth grade. Maybe the ninth grade. And then you know knowing that you you know episode one was coming out right and to experience obi-wan-kenobi to experience and Akhund as a kid to experience. You know that that We we eventually saw was and what's her name from From whatever she did a great job I can't remember Gordon not formally now report Monier and obviously obviously Stanford Graduate Rapper. Part of you know the. What's the name of that? Groups are I'm not a pop culture or Poultry Ellen. Thank you boys but you know. I watched that and I was like an eighth grader. I'm like I can relate to this and I was sucked into Star Wars and even though the graphics from four five and six suck they made a lot more sense to me for five and six because I saw one two and three. Well I might pull out an VCR and put in the actual tapes of we. You won't happen at the way it's meant to be. You will not do that but the reason why you can't watch the PREQUELS I is because it'll ruin the reveal of darth vader and Luke like that's the biggest reason sure. But how much does that actually matter. I mean Completely it's a great reveal a great reveal but there's more things to come in fact. I really liked US last series and a lot of people don't like rent and I I really like rent a lot by elegant character to me. She is the most interesting person of that series. Ray You said Red Grey Kylo Ren the Ray. Yeah Yeah Yeah no Kylo Ren is the best characterize decent character just like Eric. She is incredible. The one thing I didn't like was the bullshit exit of the last movie last year or two years ago. Whenever it was when Luke Skywalker just disappears and doesn't die spoiler? That's some bullshit too too bad if you ain't seen it. I'm glad I'm ruining that movie for you. 'cause movie horrible ending a thirty second delay spoiler eight seconds. But I'm my ending. I want people to hear that last year. That's great great. Move all right go ahead go ahead Jim. I'm sorry over again because now I'm more interested. Well no I think Jeremy's absolutely right and if you if you either Dig Out your old vhs or there is like there are people online that have remastered remastered and put together the original Trilogy versions without the Special Edition Effects. I re watched those recently. It's great I re watched the PREQUELS. They're awful I get like as kids. Yeah hold on hold on. We got Joe who agrees with the pre goals are star wars as a theorem is the bitcoin is not as ki trashing trashing then because the prequels bad really bad. That's what you're not. A theory is is whatever there you gotta you gotTa show them the originals than even point out like the little bloopers and stuff like okay. So let's run into a wall or something like that appeared hold on. Let's compare the graphics. All right episodes one two and three or four or five and six compared the graphics four or five and six still still. It's still like or insane. No too much how much it didn't it didn't look natural okay. So let's let's put aside our differences I think episodes one two and three are very relevant and they had to fill in the blanks. Some point right come on the fillon in the FRICKIN can blanks. Let's get real. I mean it's weird too. I mean lucas was a frigging genius. When did this but who starts a trilogy at four five and six Geniuses do right I agree with that. Yeah but I mean initially didn't have episode for you out of that later but yeah it is a great idea to do a prequels. Let's put it all you explain that to me like when when Star Wars and you'd initially came out just said Star Wars episode floor. He added late. Yeah he added episode for later on. I mean not like way later on but enough like later on where it didn't like an after the second movie I I don't know exactly. Maybe it was before the second movie Eh. But it just wasn't on initial release but also it's a fun idea to do prequels but the Prequel stunk. And then it also it he. He say he kind of invented. prequels between that and like What's it called Temple Doumanian Jones sample? Doom has actually also prequel now and all people realize that Lucas was involved. Those as well so you kind of vendor prequels but now people put up equals all the time. And they're awful so it's like it's he. It took a shit on everyone because now we always have to see a prequel about some character because they don't feel like doing a sequel for it and we're just watching stuff where we know where it ends. Its is terrible all right. We've had enough of this trash talk. Let's get on the star trek or something. Let's get onto something relevant. Something run on more. You'll have you guys seen star wars in unlike concert with the full orchestra and everything just playing the music with the movies in the background. I haven't met. I would love that. I've I've yeah awesome. Awesome awesome to say that's also admit that the man Delorean may be the very best TV style series I've ever watched and I cannot Now wait till next week. That's one thing. I don't have dizzy plus yet. I'm going to get on that. I'll catch up you. You can't even have with conversation I have. I'm behind I'm very. I'm sure at some point. We gotta wait in the lobby. So at some point we gotta get to some of your actual the thoughts. Did you have anything prepared. What's going on? Jeremy Not really just wanted to say first time. Longtime want this. You guys and Cindy Great. Show Cassandra Jim between some legends here. So Jeremy you're tuned for those who don't owe Jeremy is a moderator CDs. I also the The newest or not the brand newest because there's people in front of you at this point but also welcome to new bitcoin baby into the world not too long ago as I congratulated you privately obviously give some big shots. The the babies won't go into any more detail we want to put all your business out there but let me ask you Jeremy. Are you a optimist. LONG-TERM BITCOIN price always. Yeah always he's telling people don't panic just don't even look at it. Put it aside check back a couple times a year. What y'all y'all may not yet today but but I'm GonNa tell you Jeremy who you've always reminded me of and I mean this the most endearing and I love this guy so ray Romano? You've always reminded me of RABEA great. I'll take. I wish somebody would compare me to Ray Romano so you get their act together. Whatever but no you don't know this but not only? Is Jeremy a funny guy and he's got these little quirks and you know he says them like if you don't you don't realize he's being funny but he's funny you know and if you don't know that Ray has TV show if you're just hanging around where you're like who is this guy wants to play golf all the time and show out what I understand he talks about is why we're in a good way. Obviously you know and but but you you know when you get to the meat potatoes of Jerry Mitchell here you realize this is really funny. He's also what I found out later on in our relationship. Our friendship is that all. Well Oil Jeremy here has been a talk show host before he's a sports guy. Feel bad for you because you're New York fan in any capacity at this point I feel you I I mean I feel bad for you right. I mean it's been a long time. I mean you have come on Bro. I saw actually. He's a New Orleans boy but he went to Ole message. That is missing. Won't let you forget the heating Grope Mississippi but Of course a Roofer. He'll but they've kind of just ally you suck. Now you've got to roles get Outta here right and I wish they would at least trade him or Eli would be like. Hey I'm also John. Maybe I should go play for another team or something. You know that that passed last year. Could've went the Jacksonville. But I know I mean like I wish that would have some self respect at this point. I mean like Dude I've got to go. In Age out inequality matter it's not like he's untalented. He is set in his ways. He's kind of you know now too smart as his brother but you know he still capable and so he goes to a system. You know you do well in like a ballot. Check off on Serrano. Who wouldn't do well there there? We could all play a quarterback for the Patriots. But when Tom Brady it's like he lie. And all this now not kidding but I'm not going to listen to the system. QB Bullshit Narrative errative Paul Oh for gala got Patriots Fan on the phone. You Lie to you know vice you got him twice. Yeah no I'm not going to allow this other nonsense thank you. I two zero when it matters most against Tom Brady one giant loss thriving. I mean yeah they'll take the eighteen. It's still better. I mean I know. They didn't get the super bowl a I still don't recognize the stupid Miami Dolphins because they didn't have have to play as many games. So fuck yourself Miami each it but you know what they won the Super Bowl that year was even a superbowl time. That must've been cares. They'd netplay many games. Fuck yourself you dick. The whole wasn't to the last game. Yeah but was. How many games do they play? It was I think it. It's like to be real must be real. I don't care if you lose one game or if you lose all of your games if you end up with the Super Bowl championship it doesn't matter. You're just talking about the undefeated like I know what you're talking about and you're trying to take away. I mean I'M A. I'm a gator fan. I root for Florida teams by instinct. Ain't going to take anything away. Six rings whatever. Miami eat a dick six rating bro. You know what Jim you you can go and a male Genitalia Elia McAfee impression Miami. I bet you this much. I bet you this much Miami Miami. What a beat? Every single New England patriots team that has ever existed with that team. I they wouldn't have no matter. What under any circumstance patriots would lose? They may not even scored point why I will admit I don't know about that. It's not but I will admit this. The Randy Moss insertion does change my opinion that it could have been a point. I don't even care because you're just saying like I land stuff like I'm not. I'm literally telling you that they never lost a game that season Avi and they're clearly the best S. team to have ever played football. That is not even close okay. That's fine I mean when you lose a game didn't you lose them to like let them preserve anyways all right. This is getting personal. Apparently so because I think the Dan like Bitcoin is going to go to a dollar. What do you have to say about it all right? I'll shut up. Go ahead I'm I'm already done. I was talking to love the football talk by the way that was allergy. Going to a dollar. That's well said Jim wait a way to shut. Shut me up. And as a New England sports fan. We don't even recognize college. Sports like when people talk about college sports I wouldn't either of me exports either. They don't exist. I wonder why because it's like watching little league. I WANNA watch pros. I don't WanNa kids in school got on my face only because y'all L. Suck no because we don't care where all players from Texas he's saying what are we getting Texas about high school football. No we care about the pros. Well actually the half of the pros come from our area. But they don't they don't go to college in our area that is not true very true Jersey's got a strong football football culture. Yeah I have nothing against Jersey. I'm just telling you that that's not true. Oh you're in Texas and Florida and Southern California Georgia Cammisa sippy Tennessee. It's the south that runs the NFL sixty percent of all players. Come from below the Mason Dixon. Line and west of Arkansas or east of Arkansas. That's the truth. Sixty percent gave me. Google it isn't that by the way we're not a big population in the south. So we make up like one eighth of the entire United States even though we are our land mass is like a quarter of the United States. anyways we can talk facts later. Let's go ahead Jeremy. Any last words working people find you. What do you do? What would got ask waiting on us? I'll ask ask open just wanted to say thanks. Have me on I was going to tag onto Daryl and say yeah. Go go to many conferences. You can sneak in the things just network go to parties hanging out. That's what I do and Joe and I got on the guest list or something and Joe wasn't even I got you in I was like roster roster and all you got his opening up Jeremy I need to get in Bro. I just signed the newsletters. All the things in your list absolutely absolutely. Hey you you guys have a good night and always work like Jeremy. Thank you Jeremy. We'll see you soon. All right everybody else during the Mitchell moderators E. C.. But we have. We've saved the best for last. We're coming up on the end of the hour. Obviously we've gotta make sure that ash gets her say. I can't wait to hear this gym. And I have something repaired to ask Ashley when she hops on. We're GONNA talk a little bit about mister cotton. Who recently is that? They get his body Reexamined and ash just a you. Now you got twenty second head. Start here that we're about to bring you on Jim. Look I know you're mad at me now. I'm fine. I'm a huge look in fact if I'm fortunate Annette I might even have those one second one second second. I actually just bought some Tom. Brady Rookie Guards Nice. I ain't even mad bro. Oh I can tell you're mad. I can see it in your mouth. You're like I'm really. I'm not mad add. You're mad because I was telling the truth about calls Rupaul. Steve is GonNa first off just so you know you can say whatever are you want. You can not change my opinion on college football now. I will say this your analogy about same bitcoin to one dollar that shut me up and I was like Damn Okay I get it and obviously I think athletes today are better than they were back in the dolphins unfamiliar. So I would concede that argument to you if I I had to. I love when they trot them out every year like if a team goes like ten and own finally lose and they trot out these like seven-year-old losers be like again. We still got it down my face but the Miami Dolphins are the ones that stopped the Patriots from going undefeated. No it was. It was the It was the bills. I'm not that I'm starting bills. It was the giants. No I thought. Oh was it the giants rule with Eli. That was the game okay. So that whole year. y'All did not lose a game. Now that's what he brought up. That's what he said. That was eighteen. One okay okay. That was also I remember. y'All we all want fifty fifteen in one year and Miami was one of the teams stopped. You know that doesn't matter all right all right all right at matters is when it goes to the super still funny though okay come on meaning some slack. I well I mean it's it's fine but like drew deer in headlights mad about the Patriots. Now Bro I don't even try and get you. I'm not mad about those things but I live in Vegas. I I don't live in New England like when you live in New England you're surrounded by when lot's patriots just fine. I live like air. Nevada states. Everyone everyone hates the Patriots. I'm used to it it. That's not true if you're a gambler and most of Vegas is you root for for Patriots. Because they cover spreads but they're not now but that's not the same as being a fan of a team people still. There's a difference between betting on a team and rooting for him. And then just in general roll like Okay Hating Shit. Everyone hates the Patriots at this point. Fine look so continuously. Talk Shit about Alabama right. I mean I hate the University Alabama. I'm from Alabama. I Hate Nick Sabin. I respect him. I think he's great. I'm really impressed with the body of work. Go to Hell Nick. Sabin can't wait till you were no longer the head coach in any capacity of any team that I'm not rooting for but I know that he's great right. But I'm GonNa Talk Shit About Alabama. Go get bro Why. That's not what people people aren't like that the Patriots. I mean maybe all right all right way not even when they retire but I was GonNa say maybe view and Brady and ballot check are long gone from the game may be probably not people just literally. You can't deny their greatness anyways it the conversation at the end of the ash on before she stabs me. Well let me just say Pedro Human Growth Hormone Nicotine you again. When he was caught with human growth hormone? Blame it on his wife. Look Dude if you ain't cheating you ain't trying exactly I don't do. He was like forty on all right. I'm not mad at anybody WHO's trying to be better at their sport or their look. Could you imagine someone having a drug that allowed them gonna be better like being a developer. Oh no you're developer and you're being better at it because you took adderall. Good I hope you all the rules without hurting yourself. What's up asked Rolston? How's it going girl? Why are you bringing me in now? When you're arguing stay well you you do the best nice profile picture? Did you hear my shout earlier. I did I commented. I said W. T.F. Joe Fair enough. Actually I was looking at the private chats and make sure that everybody knew what time they were coming on. I apologized for that last few minutes. But you're gator fan like me and we can tell everybody else goes to hell right sometimes or you're actually actually. I'm not I just my my other family. Three or four guys for my high school. Graduating class US went to play for the U Down in Miami and so does have some ties to that area. But I don't know the area you graduated from the University of Florida. What are you talking about? Let's move on. I don't WanNa talk about Miami. I mean technically ties to grambling too but anyway I'll raise our go. Go grambling. I'm I'm I'm all for the for the entire sue grambling tigers. I could be wrong. You all right ash give us some bitcoin knowledge. We've been sitting sitting here talking about Star Wars and sports after a great conversation about crypto. Obviously the conversation has deteriorated to an awesome extent. And we'll get back on track. Let's tell me about dot cotton. Should this do's body should be. Should it be opened up and made sure that he actually died exactly. That's what I'm wondering is like this dude actually is alive somewhere. Wouldn't you say so. He died from Lake. CROHN's disease allegedly like dehydration from from diarrhea. Exactly exactly right. I mean like this is not crows disease is rarely fatal from what they say on Google. If you have like but if you have Crohn's disease are you really going to like. What was it like Thailand and like going to eat like local food to like? Go Kill Yourself. I mean not a twenty five million dollars in your Canadian Bank count. I don't know but did you see like I think. Ernst and Young is the auditors on the court appointed auditors for the situation. Shen familiar with them. But I know Gemma's and they audited like things change. They audited all the shit in the cold wallets that are supposedly like they don't have the keys to their Mt. They're all empty so it doesn't even matter if he is alive. There's nothing to get back. So isn't that point to the fact that he's probably alive. Well that's why I said what body but I mean did they really really say there is no body or is it. We just need to prove that that's why they WANNA zoom they're gonNA exhume him and probably do DNA tasks farming's dad twenty four million dollars. You can just tell somebody. Here's a million dollars to say that I died isn't twenty four million's kind and not a lot not like faked my own death amount. You're an India. Yeah yeah but also going back to what you're saying about like if like aren't wealthy people kind of think they're invincible like saying that. How stupid could he beat up? CROHN's disease and like go to India. Didn't jobs like go to holistic medicine for his cancelled a fruitarian for like the last years of his life or something. Yeah I don't. They do like stupid things like that. Sometimes I don't know if they think they're invincible or it's a weird ego thing I don't think our are. We GonNa Rich Devil's advocate. You know like a potential for for some of these questions here. Actually I don't know I think I think the guy's not dead. So what in what he had he he was he too. This crypto exchanges Canadian exchange doesn't see you are the largest Canadian crypto exchange. He died and he took it is the name of it. You're wondering and when he when he passed away he was the only person which is I cannot believe anybody early on that team. Allow this to happen but I guess he was just like some narcissistic dictator asshole. Who maybe this is is goal along is that he's probably planning planning this for some time if he's still alive he didn't think of the idea yesterday right this something he'd been probably been planning for some time goes India he dies because he has disease and I guess? Sei some bad Indians two hundred million and involved okay. It's not just twenty five Mil. That's new to Amihai less than twenty five Mil. That's visible in the ball drains in the supposed accounts. That's why we keep asking him. Make sure the facts still like a hundred injured in seventy MIL that I dunno is missing and the auditors. Have a problem with that. Because and that's what's I really pushing. The call explanation is the the fact that not only do we not have access to the funds but from what we can see the funds. Aren't there and the users of the exchange money basically like the Base Fox because he faked his death and there's evidence that he was trading on margin trading shit coins on margin. Always Way to win that sarcasm. Please don't unless you're controlling the exchange. Yeah no he wasn't cheating on his own exchange people's yeah okay okay. Yeah Yeah. He was doing all of that evidence that he lost a lot of money on other changes So it's basically a big situation where he lost everybody's money and then goes oops I died. I mean the guy looks really healthy if you look at his picture actually. I'm going to share this right here because like like I really want people to see this like this dudes alive. He's probably watching this right now. You just never know right. And I'm reading here that yeah. He died in December. Yeah but they they didn't really announce it until a month later or more bombings and then not only that but the man was not married worried until right before he died and then all of a sudden he was married and all of a sudden his wife is like in charge of the change in charge. Target whatever wow all right so I'm pulling up old Gerald cotton right now. Meeting sharp looking guy could be worse. I mean this dude look smart enough enough to scam everybody. I'M NOT GONNA lie like the Guy Looks like you know me you or were you know. And obviously a nine a non binary situation but I mean he could be anybody. Yeah Yeah 'cause I didn't I didn't see some. I was just skim through this earlier so I didn't see that. Yeah basically because it was a cold wall system. We're only he could access it. And then his new is widow there says his laptop is encrypted and she doesn't know the Password Recovery Riki despite repeated and diligent searches. I've not been able to find them written down anywhere I've got. I've got to check something real quick so I'm just going to be asking for a second. Okay let's see many. Where unsupervised Parni or knee people are starting to think it was not just an unlucky incident but sinister scheme Yeah they assets were frozen early twentieth eighteen after they found irregularities in the company's payment processes so yeah like probably he saw that things things were kind of about shit was about to go down so he just did the ultimate search. Kill switch basically. Giovanni on your offer. Everyone's everyone's money and just I get away scot-free almost yeah you know. I think there's a lot of there's a lot of of ex patriots living throughout Asia and there's enough of them that are not necessarily on the up and up that people living there people going to these areas. Then dying is very suspicious. You know it's a place to reinvent yourself or it can be and I think that's truly what happened you know and I think that they're gonNA crack that coffin and he's he's not really going to be dead and even if they say he's really really in there I'm not going to believe them saw Earns just a real AH. There's too many things that are like. Oh that's that's suspicious that suspicious that's suspicious and like how many things have to be suspicious is to be like. Yeah that's not. That's not what happened. So is this kind of like. Isn't this almost. I mean I get this more of an isolated related incident but isn't this kind of one of the things people talk about where they want to stay. Away from Crypto is like risks of things like this someone just kind of being. I guess that's it's just investing in general rights while I mean there have been people that have scammed Investment people who have scanned all the time in traditional currencies as well What was that guy's name? I'm back by the way what's up. Joe Blurb in sync. Do you remember his name. Justin timberlake how now he likes scammed like a crap ton of people Louis Perlman is at the guy. Yeah that you what what the Hell Go. I'm okay fair. Sh sorry that my references are really weird I lived in Orlando at the time. Hi So my like trump John. Yeah the that guy. He's still like a ton of money. Oh and nobody was like. Oh my God. Let's not use dollar bills anymore to. That's right no I think it's a great point. I mean like how many scares have happened before crypto. All the stamps happened before crypto. And it's a custodial problem. We're seeing essentially exchanges. I don't know if you're familiar with Jason La. He's a cypher. Funk interview Jameson Lobb. I'm talking to Jim. You exit the conversation during her. Jim Edited the Davis Interview. Okay I'm sorry. I was excited. I interviewed one of the people that you know. So that's cool. He probably has no clue. I am But but anyway he. He had a good point on twitter the other day and he was talking about the the drastic uptick in exchange hacks and centralized exchange a change hacks you know it was like one and then it was like two and then it was like four and then it was like sixteen and now it was something like thirty five in two thousand nineteen and that each one that happens you know. The conversation continued. He didn't say that's I don't know who does but somebody else in the conversation said that. Ah The more that it happens. More that people see this happening. They more they see this as an option and it becomes sort of a history repeats itself so I think you know we're really going to see more X.'s. And we have to look at taxes and see if they are really axes especially all right so let me give everybody a quick back story on. astral Ashra Elson obviously is this is genius and she potentially is an artificial intelligence a mixed mixed with some sort of augmented reality on top of a quantum computing outfit. All right so you say what you want ascot. Pretend that's what that's what somebody who would who is in a AAAR quantum whatever would say by the way because they've already realized how to fake humans out and if anybody also noticed a named the The last episode of Donald Trump. Even though I had nothing. Donald trump just to get more clicks as worked already up almost fifty percent on all clicks and all views on on that one episode just Donald Trump. And I'M GONNA I'M GONNA continue to us by the way but the use the donald trump example like you know how to incite people to not believe that you're an actual but you know that you're in. I mean it is video with me like what two days ago. Three days ago says the person on on video. Yeah well mass. Where we've been over an hour and fifteen minutes but I do want to say this ash? Everybody who's listening. Listening Azure Allston has been a humongous influence on my personal crypto and personal growth. She's helped me see and understand the space at a very different level. When I came came in I was very much looking for that next when ash help? Be that grounding factor to realize. Hey this is bigger than that. Shut the hell up Joe. You're wrong and I was like. Oh yes ma'am you're right. I I lost and you won and I appreciate all your influence ash now Obviously you come on. You could talk about anything every everything and at any point you don't need to rehearse anything but Let's let's get some final points ash as we wind this down because this also turns does turn into a podcast and we have to make sure we fit into the apple. Well apple restrictions that we currently are under and we will eventually break out of that. We can do for our podcast. But I don't think anybody wants to listen to four hours anyways so I want to touch on what drew asked. I think it was drew Adam it was. Do you see a viable use case for private blockchain's or distributed ledger technology or some enterprise level innovative use of this tech so the biggest use of this tack on the corporate side. You know I talked about this in a post the other day corporate projects I I community projects. The thing about blockchain is that the data structures behind blockchain have existed since the nineteen eighteen fifties companies have used them companies have used them to track between various locations and all sorts of different stuff. And then nine hundred seventy nine the Time Stamp Protocol in one thousand nine hundred ninety one by Hubbert store Neta. You know all the different stuff raff built up to where she was able to take the the various things that went into bitcoin. Twenty two different references and create bitcoin and all that stuff that went into it. Yes it was already in use but they were already a use in corporate settings and the only thing different between those days in between Bitcoin and other distributed consensus models is that we have decentralisation. And when you say oh it's going to be a private blockchain so a blockchain doc chain minus public centralization. Is those same data structures over again. It's nothing new. Well you just went over my head and that is beautiful. He said I'm sorry. No don't be like I mean I'm being semi over my head. I mean I understood. You said the words but I don't have a response to it because it would just sound ridiculously stupid jokes chill Geez all right all right all right Haha thank you thank. You mean Azure actually bet we played fortnight hearing about what thirty forty five minutes or so ashes correct. So we're GONNA Brian this down. As I said we had fallen underneath the Apple restrictions that we have and As as always it is a pleasure is a beautiful wonderful opportunity for the world to get to learn from you. I think everything is better than go. Ahead Toubro Hugh broke for Bitcoin. Second addition is almost done. It is Kinda done. I'm just rereading it until I'm happy God that two years from now okay. You know what No. It's almost a broker. bitcoin episode one or Chapter One. Or whatever you you want to call it first off. They need to read that so too broke for Bitcoin. Folks if you are listening to this in the first edition off the market of course you did okay like includes everything from the first and is twice as long because it has more stuff than and I make sure to remind me. I'll make make sure that I a pin that post to the top Assisi so that everybody will be able to see it and share it with friends well anyway to bitcoin second editions coming so when gives us a date by what day January first. The twenty-first of this soon yeah. I told you it's coming soon. Jammed you see how he is to me. Yep Yep all right ash no congratulations for the record everybody. That is the most recommended book I can ever recommend. On Planet Earth it is the essential to know and I I stand by that and ash. Rolston you've been as I've already noted a huge influence on me. I cannot wait to put my eyes and ears on it and watch this and read it and and see what you said next because any any upgrade by the a our quantum herself has to be perfect. Thanks Joe I love Love Your profile picture actually just Sheridan Dec- just to Piss you off. I saw that I was soon to all right. Thanks ash. We're going to close US off. But I thank. Thank you for your For Your participation tonight and I appreciate you coming on. Yeah thanks for having me on all right. Listen thanks Jimbo it again. You guys get the light sabers and four-night yes and they are incredible. Dude they are. Do you WANNA play now. I never played it. Do just play with me tonight. Maybe doubt it no not maybe. Let's just try it. It's only like seven twenty where you're at. Let's Kit on one game. Maybe I'll get my superstars with us will win a game. You'll think it's easy and then you can always say that you one lightsaber and blaster game. I didn't realize okay. So I'm on the star. Trek is your star. Wars got also both of them by the way. But you never told me that you were like a star wars nerd Yeah I mean I guess I I am. I'm not a die hard you know. I got my tickets Thursday night. All right Ash. I actually wants to play so we'll do stupid. BITCOIN radio team all right. So can I ask you a question me yes. What are your expectations of this? The end end of this part of the trilogy. This third Redick or five decades later. It's complicated tell you know it's going to suck you know you're gonNA hate it by the way I'm pre- I feel like I'm probably not gonNA love it but we'll see I do any movie I go into. I want to be great. Obviously even if I'm yeah but I mean I'm excited enough that I got preorder my tickets. I'm ready to go Thursday night so but you already know the end of it is going to cause a ton of controversies. Never going to live up to the hype and it's impossible because you know why the first three the storyline was so incomplete in complete but the movies or so perfect. Yeah there's no answer to this like it's a losing battle. It's a moneymaker at this point. Yeah I bowl. I agree but just like being like endgame for example Kazakh. Big Marvel Fan. I thought endgame was amazing. Completely different and not on the same level. That's not a story line that has to that people are like pissed off about because they enjoy the action and the love of you know that that that Authentic Superhero Star Wars different. It's like it's like star. Wars is like the is the comic book for people who take life really seriously but want something that matters because it's like a jet. I is a serious and committed person. The Djeddai the concept of good and evil the force everything. It seems to want to matter more but when you look at the whole scope of things every movie has never been as good as the first three correct on storyline period. The reason I brought up marvelous because I feel like marvel movie are this what Star Wars was then but now and star wars away star. Yeah Way Marvel is the of marvel movies movies. Now are like the game. Changer blockbusters that Star Wars was when it came out in the late seventies early eighties and new star. Wars can't be that because it's you just can't all right. I'm GonNa have to take your word for that. Because you're the pop culture icon of that. I know among the most famous person I know Jim Right. I mean you're a famous dude like everybody in pop culture knows Jim Scam Alley and I have to. I have to. I have to give up the stage to your expertise and say I will take your interpretation of what today's Music and movies and everything else actually ends up meaning so This is no different. I will take your word for it but let's go back to the main point here is there's been eight movies right. I mean well actually nine include Solo and there's another one zero rogue one rogue one. Yeah now you got I mean. Of course you have clone wars which I think I I hear that everybody says Clone Wars actually tells a story more But rogue one so upset are but of the actual storyline from one eight. You know we're about to see nine on Thursday. How many of these have been a disappointment on the big on the big level in your opinion most of them outside of the three that each one has disappointed? You know no no no actually I mean. Four Awakens last Jedi or decent prequels or disappointment and in any of the originals originals aside because original set the tone okay so one two and three fourths awakens right. You haven't been moving forward Lord you know what would you say. Weren't that bad. I mean when antic and gets all his limbs chopped off by Obi one well the prequels like like I said I re watched the prequels get into this movie. So jar being sucks I agree. There are moments that are fine but as a whole those are not good movies. They're they're not good movies unless your kid and you can appreciate your your cake. Is the movies are now for kids. Yeah they have judge our banks but the main storyline is about you know trade embargoes and government republics. Okay Fair you mean so. It's like I hate the argument. Because yeah they have they have robots what's like farting and stepping in poop and stuff bro. I was an eighth grader. Falling in love with mountain dew drinks that had every character on star wars. I remember that of course star. Wars Smerch indices broke. I still have all. We had the red alert and the original mountain dew. Drinks have both on there. No it's legit. I mean I like we were. My Brother has spent the last eleven days watching over and over again. Every you can watch the whole all series in one day still and he has done that for like eleven days in a row. Well Yeah I mean. They're doing movie. Theaters are doing screenings like that. I think like you go in on Wednesday and you watch all the movies in a row to get here. I think that's a big mistake though. Agreed you why but do you see the new movie. You're just exhausted exhausted like you know the time you see that new movie. You're disappointed Ya gas. But it's like didn't at theater for twenty four hours especially according to Jim you watch the first thing you're like okay. This is a movie and then you watch the next three in order. Of course we're watching from one through nine right so the first three Oh jar banks Artan in whatever and you got Nellie Portman and and again whatever and then you got a new hope and then you have empire strikes back and then you have. What's last one return? Turn the jet I jet I thank you and then you're like Holy Shit that's the best story ever and then you have awakens. Yeah for the last Jedi in number eight with fricking Luke skywalker disappearing and not dying. which is bullshit man? It's a cup out though Elisa. Bullshit Obi Wan did the same thing in episode four new. Hope hold on. But he didn't save the entire frigging series without that. The series Over 'cause all everybody's dead we'll see we'll see how they wrap it up hold on well no I disagree cop out like yeah. I wasn't a cop out. I feel like force awakens setup that Luke exile themselves like force awakens. Decide to make luke a mystery where the whole movie vis-a-vis trying to find him so luke didn't come out even when in force awakens. They used star killer base whatever it was called to destroy like seven planets. He's still building. Come out of hiding so in episode. Eighty can't just be a bad ass because then where was he when they just like is always a little scared bitch I guess yes but then so what he does he do. He sparks new revolution. He sparks the next generation inspires. Oh Okay Fair enough but if you go and watch a new hope and you see the the youthful ignorance that everybody has had at one point. We're all related. We can all relate to that but let me answer that then okay or to that person person with youthful ignorance and that spark in their eye. Yep let's check in with them forty years later they don't have that anymore. Do they. And neither did luke hold on. That's not what I was going to say but I agree with that sentiment. Intimate right you've been exhausted of trying to do the right thing and you're just like you know I'm out I tried. I'm not going to be a bad guy I'm just not gonna I'm just. I'm just going to get killed in this out worth it. I want to have a family one day. I don't know what Luke was thinking but I will say this though. It seems like if you're going to take on that responsibility and as a seventeen year all the new hope kid. You can't do that by the time that you know that you finish the original trilogy. Yeah you're exhausted of star or star wars but the storyline align should make luke the leader of the next rebellion right. What is these movies? Told you between Four or five and six then going back to one two you in three all the powerful jet I were killed not ones that did live. They went and hid. IOTA is arguably more powerful than the most powerful several jet I ever what did he do. He ran and hid next style. Yoda Obi Wan went and hid to. I mean yeah I guess you can argue that. Maybe Luke should be different buddies actually just like the people that raise them but he did not influence the next generation properly he showed up when it was convenient and then he almost died and then he like a reappeared. This is my problem with Star Wars Card. Yeah he just like disappeared when it was. It's convenient no no. I mean I don't mean disappeared by not being part of a series. I mean like they slice him with a frigging. You know what can remember how to kill them in that episode and that last movie at the very end but then he like he's like Oh that wasn't me I reappear. Look at me. I'm now killing folks looks again at the end of the movie. Chew well he just zoom lashes or spouse to to spark a revolution so what is he doing. Today we'll find out on Thursdays. Inspiring the next generation will see all right so enough with the Star Wars Talk. It's relevant. It's amazing it's fine if you can't find two people that aren't star wars fans. I directed this a bit but I mean hey every episode so this is relevant if you if you could fit in forty five minutes of Star Trek talk it does not even come in that half if not one third of what. I've the spoke about Star Trek which is relevant to crypto currency enthusiasts. If you don't believe in Star Trek or Star Wars I can't respect you go away. I'm just stay stay stay hotline. Don't sell your bitcoin. I'm just saying all right okay. Look bitcoin radio. It's been fun it's been real. It's been the first call in episode. We had four four five six guests. I can't remember had a few drinks yen. The calls are great. Lot of people bringing in some good information. I think it's something we should be doing more often hyphen. I love hearing from the people whether it's someone with project or just someone who's out there like me just another Lehman out there just talking about their experience. It's in the market love to hear it love to see it Joe Carlo. Sorry my man make it so as if John Luc Picard said himself until next time on BITCOIN radio. We'll see you soon. This is where bitcoin lives. I know what I'm doing for the diverse I know a gym zoom for the crypt diverse. I know what we are all doing for the reverse. But what are you doing individually. Make it so folks make it so until next time. bitcoin lives bitcoin. Radio Ready W._B._Z..

Bitcoin Joe Joe Jim Jim Jim US twitter Joe Blackburn Federal Reserve apple Jim Jeremy Jim What Woods Ray You Jim Scam Hallway Dan rea
eps.048 - Demetrios Skalkotos - Ledger Vault

Bitcoin Radio

38:51 min | 10 months ago

eps.048 - Demetrios Skalkotos - Ledger Vault

"What's up bitcoin Radio Joe Blackburn earn and you are listening to WDC? bitcoin lives today. We have a special show and I'll get to that the second as the space has kind of grown as the space has matured. It seems to me that people forget like all the building blocks took to get here and yeah the bad apples. They kinda shine the brightest unfortunately like in the news. Because that's what you click on. That's what I click onto like. Don't get me wrong where humans we like drama but often times and I don't WanNa say the word forgotten that probably isn't the right lead in but you know we failed to recognize the companies that have built. You know the foundation of what's to come and there's probably a good fifty fifty to seventy five. Maybe even one hundred companies that fall in line of you know that really done something for the space when I think of those strong brand names than when I think of those people that really were influential in the start of the Kripa space as we know it there. There's really a a top five and one of those ledger today. We have the honour. We're going to have a Dmitri's Kakada's join us here. Shortly and He's the Head of the ledger. Global Vaults and he's GonNa explain that in a second because obviously I'm pretty new to what all all that entails but you know I really WanNa make sure that you know as this interview starts you recognize. These are the types of companies that I wanNA have on like. This is what I wanna hear. This is how I want to hear it. I want to hear it. From the Horse's mouth from credible companies that have watched the space that have watched the bad players bad apples apples and and really ultimately you know brought tremendous credibility to the space. Because they've done things right and so s conversation I WanNa have today with Kamajors. And he's going to be able to explain a little bit about what they got going on. I know they got some big news. We'll hit that. Probably pretty pretty quickly. He wants to be get on But you know as always I want to get big shut out so you know the production team. Jim You guys have seen on the live. Show Pat Patrick mclain mouse belt as a whole must some huge things and I can't wait to talk a little bit more about that. I've I've got Ashley Meredith Joining me hopefully some point this week maybe even not allowing them live but nevertheless let's go ahead and break it in with Dimitrius I'm going to bring on here shortly. What's up Dimitrius? Welcome to the show man. Joe thanks very much really appreciate being on the show. No Dude it's it's an honor. Mind Dimitrios as you heard in the intro. Very Fond of ledger the credibility that they brought the space as has been rivaled by very few few entities. Probably more. So you know it's been a staple it's been a standard at this point to a lot of a lot of ways that this this entire space has has learned to grow you know so let's go ahead and hear from you Manda tell about yourself. Sure no thank you again for the opportunity created so been with ledger just over a year came from the traditional financial services space spent a considerable amount of time on both US based exchanges intercontinental exchange. New York Stock Exchange and Nasdaq running a software as a service business for them and really excited the fee in a in the in the digital asset space and a really articulating in educating the the marketplace on an enterprise a technology solution to secure digital assets. Now awesome and you bring out some some big terms there and I hear unaccountable intercontinental exchange which obviously a lot of us are familiar with you. Know in the crypto space as you know the the head of back but also you know as the the rest of the world knows it. New York Stock Exchange falls underneath the umbrella. That's that's a lot of a lot of you know big that's pretty impressive Dimitrius to say the least but let's talk about you know where you stand right now. Who are you? What do you do in the space? And what does that mean so ledger. If I can take a stake back Joe just to give you a sense ledger. has you know huge jam. Visions as a technology provider security technology provider. And you're right we've been in business now for five years. We just passed our five year. Anniversary Trieste Guebre thank you And we all as everybody knows ledger. We got our start on the retail side of developing the Nanno s and then we launched earlier this this year than the nano x which is a little bit bigger version more storage bigger screen size and more more coins support and we really attribute our success to our customer adoption and really trying to meet our customers as in really trying to make life easier for them to secure digital assets for them. We felt the need and saw the need Early on in the growth of ledger to say look there needs to be an enterprise component to this. We've been we're being asked by our customers to say. Look your retail products. Fantastic fantastic but I need something that has more governance protocols to it. And that's why we got into this enterprise space to relate out the call it the trading community the asset management community the exchange community and the banks and trust community a more robust platform that allows them to Secure their digital assets that for themselves or provide a service into the marketplace and. Obviously there's some big news that just came out and by the time. The folks listen to podcasts. You know it'll be a few days later but you know last week. You guys announced some big things and I'll let you obviously get into that in a minute but prior to tell us that stuff dimitrios tell me a little bit you know what what does it mean when someone says the you know the enterprise you know solutions here or the enterprise aspect compared to what most of us know as as you already explain you know. Ledger Nanno s or the X.. As as noted. But what is enterprise actually do and of course you did make some notes of some of the things but a lot of people don't really understand what that means it's a little. Edible is a multi multi authorization while it management solutions for the financial services space so it really provides a platform to allow customers to design their wallet structure to the to the specifications specifications of their risk tolerance if they need a wallet structure that is a relatively warm hot or if they need something. That's relatively cold. You know they can design we put we put the technology into the customer's hands. They control one hundred percent of their keys. They have instant access to their funds and and we provide them. Technology do to run their their business as they see fit as if they want to secure assets for themselves or if they want to be a regulated entity in offer custodial service in the marketplace. Yes we really just want to be the digital plumbing. For the for the custodial space the exchange space the secure assets because we want the space to to move forward to the next level and I and become more mainstream sure now a great explanation. What would be like in? Obviously this is just an example. They're probably specifics. Wouldn't be appropriate here for obvious. He's reasons but what would be an example of of an entity that would want to use your services so we've got great diversification since we went generally available in January of this year we're approaching fifty customers customers that are using the enterprise bald and they range from crypto hedge funds to family offices to exchanges both medium and smaller oh exchanges. We've just announced that the about a month or so ago that bid stamp will be customer us on the Ledger. Vault as part of their solution. we also has payment companies and we also have traditional trust companies and banks that are offering a custody service into the marketplace. And so for those listening I think when he says fifty customers that the amount of crypto currency that's running through those Fifty customers can probably exceed exceed a lot of money at times. BITCOIN CRYPTO And that's obviously an assumption and I don't want to speak as if I know I would assume that at least right we. We've got a lot of folks definitely engaged with a platform and using Joan's capabilities. Yeah well and that goes to the point you know custody services you know I mean this is a lot of things that are happening you know how. How would one protect their money? Like how it wouldn't protect their crypto assets their digital assets. And I know you guys have some big news and clearly as most of us understand. Especially if you're listening to podcasts. Doc as you probably have a briefer minimal understanding at at at at the smallest amount. At least you understand what a ledger is. Or what a wall it does right but on a higher level it can get a little more complicated we can get to get into that in a minute but you know there's finally been with you guys some some some really cool stuff that you've been able to talk about. I'm sure it's been in the works for some time. Why don't go ahead and tell us a little about what? What would you guys just last week yet? We're just announced last week. That we're preparing a pretty sizable insurance crime insurance policy On the ledger ball platform again. Ledger volt is were not a custodian. Were not a regulated entity were technology provider. And I think we're one of the very few technology providers in the space that procured insurance our customers were asking for. They said look. We need to make life easier for us. We don't WanNa put the onus onus on each individual customer so we engaged with the insurance providers the world largest insurance broker marsh and also the top up a plus rated underwriters in the space arch to come develop a customized program for for Ledger and for the volt platform and we announced last week to where we will be procuring. One hundred fifty million dollars of pulled insurance for customers to participate on God forbid they have a claim that they wanna make now the other cool thing is that the customers can then procured their own insurance on top of our insurance for themselves so they benefit from our our platform and then they can also get a named insurance specifically for for themselves. And I think as a technology provider Zuyder we make life a lot easier for customers to adapt our platform and start using our platform. More expeditiously Took US eight months to get get through this process so if I can save eight months from a customer or potential customer going through technology and security diligence of how they're securing digital assets. Yes I think will really save them a lot of time effort and money. The only thing that customer needs to do now if they want to procure their own insurance is is go through a less than a month process this up how they're using the platform and the personal security devices in how they're backing up with their crypto steals it were providing that the customer is using as backup to their to their platform. And that really helps him save a lot of time effort and money so we're trying to get further adoption by by doing what's right for the customer base in our prospects for them to Start using the platform to secure their assets. Chur you know you said you know this is kind of in the work for eight months or so. I'm actually really really impressed. How quickly you guys were able to kind of help them through this because this seems like a process? There's the crypto space is ever-evolving. There's all these it's really these different things that can happen. I mean it's it's endless. It's something that I think we as a insurance you know company. I would be really you. You know I mean I pull my hair out trying to figure it out. I mean these people have a lot of experience in crypto prior to Yes I think the folks have had experience but but again the the space is evolving They may have had a certain view of the space. They all bring in their own technology consultants to be a part of this Security process to make sure that they understand what our engineering team security team's articulating about how we secured the keys. And how we provide a complete technology stack and and and provide a very secure encrypted environment for folks to conduct their business so it's always an educational process. It's always an evolution and we're glad to see that traditional insurance provider that has traditionally written insurance insurance for four things that have been more coal storage related to really adopt and be comfortable with technology in in moving that industry forward. I'm sure that's really impressive. And I love hearing that. As a huge proponent of mass adoption especially for the major digital assets that exists the the big coins the theorems they the etc.. You know those those are really you know. Put a put the ability to be confident in Crypto. Obviously the price does fluctuate eight and. That's not what I'm talking about. But you know the consistency of these products in these in these. This technology has been you know really second when it comes to any type of alternative Indiv- currency than what we're that we consider Fiat and the US dollar you know all the other major currencies out there like this to me right now as as we're at the beginning of the cusp of this great technological movement this this misunderstanding of what criminal or maybe not even misunderstanding. A lot of people's understandings of what cryptocurrency was was accurate. You know five six seven years ago but today it is very different. And they don't understand that blockchain is evolving to a certain level. And I say this all the time I probably said it on four five my podcast hot cast today. We're talking about currency movements tomorrow. We're talking about the deed of your home right or tomorrow we're talking about you know any digitally you know movable how how would go to the the Notary Clark here. I'm from the downside down south. I assume that everybody else has not Clark's but I go to go find closest notary clerk. Clark notarize it. Well that should be on the blockchain. That should that should be able to be verified. You lose your notarized piece of paper and they don't remember or they lose there's nobody has Zinni record of it. The ledgers that that existed yesterday they are going to be implemented into the blockchain. This this custodial issue that is going to exist for a lot of people need to be solved by credible companies and I think ledgers probably GONNA lead lead the way in that if they're not. I know there's a lot of hard work that goes into being able to maintain maintain these things. But let me ask you what I mean I to me ledger so scalable just because of the side of the industry you're in. What is the future for ledger right now? In the global so again first and foremost really think of letter In all phases of our business retail institutional and even on the Internet of things type tape ability where we have certain using technology where first and foremost a security technology company and we want to provide a comfort and ease of use use for any critical digital asset we want to secure any critical digital asset. We're not willing to discern This that or the other any any critical digital asset that has been digitized. We want to secure it and make it safe for user base. So whether they're Adid as you mentioned to your real estate to the next next the next coin that's being developed the next application as being developed if it's a critical digital asset we want secure And that's really our approach from a retail perspective institutional perspective and even the evolving market of The Internet defense. Have you seen the interest from outside start starting adding to pick up. or how has it been slowing down with the rest of the market. What what's what's the view from your side? Look like from a from an institutional perspective. We continue to see engagement gauge -ment and adoption. You know look you you have some of the big technology companies making announcements in moving into this face got some some of the really big legitimate exchanges discussed earlier You know really moving into the space and doing some wonderful things so again that helps legitimize jeopardize the space that helps to make it more mainstream that all those things are good right so there it is going to be an evolution is going to take take a great deal of time for it to become a completely mainstream. There's obviously some some hurdles that we need to overcome but you know from an underlying technology analogy perspective security is paramount. And and that's where ledger comes into play. So whether you want to secure your assets from a your own individual vigil perspective or you want secure your entity because you're an exchange or a proprietary trading firm or a bank or trust company opening your offering a service into the marketplace. We feel that we're going to be the digital plumbing to offer security at scale ability to all those entities. Yeah love it as someone who's involved in the community I mean I'm guilty of this myself at times but you know I when when I say the words mass adoption to a lot of people what that means is bitcoins million dollars. That's mass adoption to them right. They forget about all those steps in between and I look at Leger as a critical entity for for allowing the result of mass adoption which hopefully then is bitcoin. Two million dollars. We'll have that conversation later but you know before that though as as noted things have to happen have to happen in a really large way. I don't think most people recognize the the the the fear that companies may have stepping into the space or utilizing even if it would make it easier for them based off of you know the the ability for the security to be a huge not just an issue but literally happened like you. I mean we we if we got exchanges still getting hacked right. I mean like that's a problem and without necessary you know in today's like revolt and things that kind of fall in line with that. We're not going anywhere else. I mean these things have to happen. I they've gotTa make it where other institutions at a high level can utilize the blockchain. Make it easy. What has been the biggest biggest obstacle not only ledger volt but really even for the public? Maybe even say is are they correlated at all or is it completely separate from your your problems obviously on technological logical level. It's probably different than what the public sees. But you know what's what's the obstacles that you guys have had to overcome or may still have to you know there's there's obstacles each and every day there's Obviously depending upon the country that you're operating in there is regulatory guidelines or regulatory ambiguity. And I think the regulatory aspect aspect of things is something that you know. We take really seriously as a global enterprise company that we WANNA make sure that we're doing our part enjoying wing are are other peers in the space to educate And and have a dialogue with the regulators to make sure that their understanding the technology that we're bringing to the forefront and and how it can be adopted into their thinking moving forward so so that's that's a component of it. Also folks you know traditionally you think alleger as a as a retail hardware wallet provider security provider in. That's true in case that we've sold over a million six of the of our Nanno devices. We're clearly the top provider on the on the on the retail cold-storage Wallet Space and we WanNa be dominant player on the enterprise space to as well how just launching this year and having fifty customer. So it's always constant education articulating the technology articulating the security ramification governance layers in protocols. And then the the regulatory component to it again we're not we're not a regulated entity where provider everybody. That's interacting in using using our platform has had some touch points within the regulation Community and they need to make sure that the platforms that they're using comply with what the what what they're what they need. I mean I'm proud of you but I don't envy you that. This is an undertaking right. You Know I. I'm very very very confident. That level in Leger as as an entity as a whole you know are more than capable and have proven to be such but man like this. This is a burden I. I can't imagine being overseeing this and and it so congratulations and I'm sorry at the same time I'm sure that you you can. You can say it's okay. Okay you know I mean obviously you're still there and your enjoying it but let's talk a little bit about before you got a letter you know you you've been very experienced. You have a lot of different contacts and you have a lot of people around you. I'm sure that you you've worked within your network seems to be quite large. You know what is what is your view from like what is their view of what you're doing now did when when you left you know I Z. Exchange or less than the other you know areas or your friends have seen that your were they like. What are you doing are is that are you crazy or were they like? Wow tell me more I get the question. All the time is like how did you get into it And not more. Why did you get into it? But how did you get into and look I I. It's great great to be a part of a emerging technology is great to be a part of a security company that has huge aspirations and be a part of building a a building something and building a team building a business. So those are the questions that I usually get From from what you would call a traditional financial services or exchange inch base folks but there where they They are paying a lot more attention to whether it's the data aspect of things. The trading aspects of things the digital aspects of things digitizing of the world aspects of things. So again everything. That's happening in moving this this Asset class forward is continuing to evolve to be more more mainstream. So did they come to you or did you go to them before you work for ledger. I actually had an uh-huh colleague of mine that I work with at Nasdaq said hey you know you should really contemplate thinking about getting into the space. Got A couple folks at the you could work with and that's how I got started and then I caught. The bug dislike everybody else does and and then was able to build a relationship with ledger and then in started just a just over a year ago and trying to build out their their enterprise business again it's a global market but You know the US North American market is is quite substantial in huge. We WanNa make sure that we're putting our best foot forward in educating landscape here and having our technology adopted here yeah you know the the space poses like an interesting dynamic like for you to be relevant to accompany they kind of have to need it right on an enterprise level like they've gotta be they've gotta be doing something on the blockchain so people adopting the technology is is very vital. Not necessarily maybe to you. No you guys staying alive because there's obviously plenty of success happening at the moment but for the expansion for growth. What do you I mean? Since they're such a potential attention everybody WHO's coming in is brand new for the most part whether it's a business or whether it's a new person you know the all the veterans are here already right so whether you're a company or whether you're her individual on the retail side everybody's relatively unsure or probably unaware of a lot of things and whether you being consulted or met whether you're figuring out on your own you know Leger has a obviously revolt as well. I guess how I say. Both Saint Leger electrical. Okay cool so leger. As A- An entire company you know they they have a vested interest in the in the space growing. What are some of the things that ledgers to help? Make that real will I think it's it's constant education. It's constant collaborating and working with our with the the digital community so particularly on the retail retail side The community interacts with ledger Quite substantially You know were open source platform in pretty predominantly In the community if they want supported their particular coin on on the nanoproducts set they work with our development team. Work with our security team and then Once it passes our security protocols than we announce a new support on the retail product at sub being supported on on the no s or the axe from the volt perspective perspective. You know we obviously are listening to our customers and understanding what coins that they supported. And then we work with that community or rebuild at point support out ourselves because we WANNA make sure everybody stains within that Secure Enclave of the Ledger Ball and can get their coin supported in and and allow them to interact and move their funds accordingly to as they see fit. But it's really is really being also Being a good steward of the of the space right so we have a very advanced security gene ledger. We have our own Red Blue Red and blue team. They they basically a sickly tests and and try to break every aspect of what we have in our ecosystem also test other products addicts that are in the marketplace as well and we obviously do responsible disclosure if we find certain instances that we think another provider when our suppliers should fix six as we want this space to succeed so again. We're first and foremost a security company in in that security team is really testing each and every every component within this ecosystem as well as everything that touches ledger in general to make sure that the that the that the entire space moves forward. You have an interesting perspective where your seat is. And all this as the as the cryptovest goes and you know. Obviously currency and exchange. Each ability is is still the number one use case for digital assets and specifically as a as bitcoin goes right. I mean you're using bitcoin to pay something or to exchange goods of some sort and that's your payment But what do you see as from your perspective and from your seat as as I said second ago I go. What do you see as the next big thing like what's what's happening? Or what are you seeing. That gives you the confidence that it's more than a currency or that were that were here at at this point where other things are being used or are you being contacted about something specifically not really Joe. I think what we're seeing a AH is really. If it's going to be digitized. Can you secure. I mean those are the questions and conversations that that were having so again we're allowing Wing this entire ecosystem to develop their product or their coins order technology and then they wanna make sure that it can be adopted to our products regional institutional and can end can they can be secured Not just at rest but also in transit rights things want you WANNA be able to into move it you wanna be able to trade. It WanNa make sure that you clear it. All these things have a workflow Within within the Security Paradigm and we WanNa make sure sure Each and every step of the way in were addressing our clients needs sure. Yeah and you know. I look at the gaming industry for example right and I I mean I've fortnight fortnight or any of these other big games that are going on At some point they're going to token is or make these purchases is that they buy some sort of asset that is transferable or that it's movable And I think that's a really exciting use case for cryptocurrencies currencies in general For the blockchain as as a as a whole to be able to not just you know moved. Maybe some coins that you bought to be able to purchase items but also the items themselves and when that happens it opens up a brand new world where you know you know just where you can exchange. Maybe even within certain games based on Based on what the blockchain is is going to be able to integrate into. But I even see that like I mean. There's going to be rare items whether it's world of warcraft whether it's fortnight whether it's you know some other gaming people would need a secure that and ledger obviously is is one of the biggest in the leader of of that part of the space I mean. Is that something. Obviously you guys are going to be accommodate. Is that something. You're ready for it right now if that were to happen. I don't know that we're ready for right now but again. We're we're not here to pick and choose joe where here to anybody that wants to digitize anything and they wanted secure. Our job is is to satisfy that community and secure it so whether they're on the retail side they're working with our security development team in on the institutional side so again first and foremost were security company and we want to secure any critical digital assets or a fortnight application. We want it. You're if it's the next thing in the payments processing system than we want to secure it if it's your. Gd Your House or the title to your car. We want to secure if the community to do so. No I love the one of the things that people have to remember is they need to know these things right so like if you're listening and you know Oh company or if you want fortnight to use this for their skins or whatever it might be go tell them you gotTa let him know folks right. You have to let because I. I'm sure you've faces all time. People don't leaving. No this is an option. Is that something you're finding out. When you're having conversation with people a I think on the enterprise side its continuous education because again ledgers has been in the retail business for over five years? Done a phenomenal job in securing the retail community for digital assets. And now we want to extend that On the enterprise price side. But it's you know there's there's no shortage as demand a folks wanting things secured its -tising them and working with the community ready to how best approach it and you know as we see fit as the market demands Continue to evolve. That's what our job is is really to secure any critical digital asset obviously with some type of prioritization In a way to kind of move expeditiously through the demand. What are some some of the things that you've seen that like? What has blown your mind in this space? Oh for your passion and conviction of from from from all aspects of of really believing in in the technology and the limitless capabilities that they think it can have and what people are doing in building towards I think is pretty cool Whether you do things as an investment or you view do things as payment methods It's not for me to judge. It's for me to just to secure and and make sure that people can feel comfortable that That they have their their assets stored and then they have their essence secured even when they're in motion to as well for whatever the application is. But I loved it. I loved the passionate conviction and I love share diligence. People's heads down trying to build this business l.. Absolutely and I think it's a great explanation Asia and you you said it perfectly. You don't care what it is you just want to secure it. I mean. Obviously that's that's a very simple statement I just made and there's more to it than that but you know I I commend you for that Kamajors. You guys are obviously done a great job or else you wouldn't be here anymore and And few have rivaled. You know that your success is accompanying so I'm also grateful for your contributions to the space. I think everybody should be to one extent or the next. We're all in this together and you'll hear me say at the very end as we sign off. But I do this thing at the end and I don't want to make sure that we miss anything thing. Is there anything else we need to cover before we start my quickfire. No I think we covered. We covered the we cover the gamut good so I think I thank you for the time. Well let's go ahead before I do my quickfire questions and these are fun. I do this at the end of each marquess where I I didn't even warn apologize. I try to warn folks as you know but these are lighthearted fun questions you know that you can pass or whatever it might be but before we do that. Where can people find you at man twitter? You know website. What's what's the best way to get in contact? I so you know. There's so many avenues nowadays on Lincoln. I'm on twitter. I'm you know I'm on the majority of the the communication platforms sure. Sure and what if whatever of course course and if someone had a company and they wanted to explore maybe some options with the with the legend volt you know what would be the best way of starting that process they could go to the ledger. Dot Com slash A website and registered there and and submit their Request to be reached out to learn more about the alleged all serve steel free to to go to the VOLPE. Gin and connect connect with US via linked in the North will be happy to respond. Awesome okay so everybody go give him some love. Go follow him on twitter or go. You'll like him on on Lincoln but Dimitrius again before we get started on this. Thanks again for coming on means a lot and I've had tremendous time you've been exceptional in your explanations explanations and I appreciate you dealing with me trying to simplify this for my own self. Not just the audience Keke simple joe try hard. It can progress at the time the interest I really do of course of course all right so without further ado let's go ahead and dive into the quickfire session and I always I mix it up but I I like starting with this want especially with folks. I don't know so we'll get to that more the questions afterwards but favorite movie and I know this is a very loaded question. People take this very seriously so if you have one or two or orthodoxy you feel free to give them all shadows but what would you say is your favorite movie. There's a ton Joe. I would say. Probably the Godfather series classics. Yes yes no I agree. I'm have Tien so obviously a little to me all right moving on Bitcoin as a political party yes or no as a political party No no interesting expand. I guess what do you mean by political party. It's a generic question. So it's what you what you feel like needs to be addressed if it's just no it's just now I feel you right. You know I think that The space is is all about bitcoin today but I think in order for the space to be much more robust and adaptive. We need other things that are just as strong or eventually stronger than bitcoin. So I think that's that's what I think The space needs for further success. And I know that people are building each and every one of those things so So yeah I mean. I'm very strong. Bitcoin Bitcoin is where it's at today and I'm a true believer in Bitcoin. But I think in order for the overall general adoption in in space to succeed there could be more things that need to be astro. Sure those are good points. There's no right or wrong answers. This is obviously opinion. So my next question little off off-topic little strange aliens. Not Do they exist. Have they ever visited the planet Earth because obviously if they exist they visit Winterthur exist right. Did you listen to my conversation. I have last night with my cousin. Because I get a about a blurb a day from him a text today that Aliens exist in. Here's a citing all that stuff I believe I believe that there is a Other things in our universe So yeah we have proof he think so but I think that we can't be alone in some way shape or form sure and most I think the majority especially of Western people were majority of Americans specifically. I mean whether you believe in you know a certain faith or whether you believe in aliens itself I mean that would that would incites or at least that is something else is out there right regardless so it's fun upon and I like to get people's perspectives and kind of get outside the box a little bit all right so bitcoin can get can't get to a million dollars. You know. Joe I don't know and if I knew I probably wouldn't be talking to you. Can't you know you know being part of the exchanges for the majority of my career career. You know I I stay away from those questions because again I think it's it's very personal and individual for each person to make their own determination Do their own research in and find out what they they valued the underlying asset to be and where they think it's GonNa go they value it. That's fantastic as I do right so if you noticed I actually asked that question a very specific way. Can it get to a million dollars. Not Will it right so we remove. move the idea that it's financial advice because it's not and this is not a financial advice. This is human broadcast so can't get two million dollars. mathematically you can so you can base it on you know some some formula. Could it sure yeah. I mean in theory so But Yeah I completely understand where you're coming from but just for the record can't ourselves to make sure you feel all right so you know as as we wind down Dimitrios. Obviously I appreciate you coming on You know we. We have a lot of growth. That still needs to happen in this space to to really make an impact on the world but I think ledgers one of those few companies that is in front of this that understands recognizes the severity of these opportunities that need to be able to be fulfilled. Like if someone wants to do it. They have to be able to do this. Somehow and ledgers been on the forefront of that. I I WANNA thank you for your contributions for the for ledger. In general I wish you nothing but the best and look forward to hopefully. Hopefully you know we have this conversation again. You know whether it be in a month or a year or five years the next. Maybe we'll come back on the show. We can have this conversation and they were talking about even bigger and better things I would expect. I would hope so joe again. Thank you very much. We've got a very dedicated team. Global team predominantly in France in Paris. That are Really building out All the capabilities that our customers want and desire from a security aspects so So we're definitely Finnan business business for five years. We plan on being business for a great deal longer and we have some huge aspirations in this space and other critical digital assets that we need to secure absolutely absolutely absolutely and Before we get off I definitely want to say thank you to jake was able to connect Dmitry's from NPR any words. The guys do a great job loved. Love those guys absolutely completely agree all right until next time bitcoin radio I appreciate everybody's thoughts give me your. Give me your opinions. Let me know what's going on with you. Want me to interview somebody you know where to find. I may Dimitrius once again thanks. We'll see you next time. Thanks Joe Together.

Joe US Dimitrius Leger twitter Kamajors Clark Joe Blackburn WanNa Dimitrios Ledger Global Vaults Kripa Dmitri Pat Patrick mclain Jim Ashley Meredith New York
eps.070 - Alt-Season Has Arrived?

Bitcoin Radio

1:14:53 hr | 8 months ago

eps.070 - Alt-Season Has Arrived?

"Radio you know what time it is. WBZ He sees bitcoin. Liz I'm your host Blackburn joined by my co host. Jim Scam Paulie. What's going on everybody? It's been too long. I haven't spoken to everybody in forever. It feels like it's only been two weeks but a lot of things going on a lot of things going on in the market. I couldn't even pay attention to my own fingers. I was so busy. Just watching the charts jam Emmett went nuts and went ballistic. It went down. It went back up where at nine thousand dollars again. It's a good day to be alive and Bitcoin. Yeah man it's news to me me. I just zone it out. I'm not I'm not keeping an eye on these numbers. Bra Can't be looking at these charts every day. I can't be guessing one. It's GONNA go up when it's going to go down down day. Trading is not for me my dude I need a break from this stuff sometimes so I just take a little chill accession if you will let it go let it go down. That's what I say. I ain't too concerned about it fair enough and I can't argue with what you just said because you know I look look back to a lot of the people that I've been close with throughout the age of Crypto. And if I take a step back and remember where we were back in the heyday when everything was running i. There's a lot of people that I knew that. Got Really really really lucky by just never touching it in never looking at it in waking up one day and Bitcoin was to three thousand dollars and then five thousand twenty thousand and you know. Let's be real. Obviously you know we we talk about the I talk about the good old days a lot but you know I feel very strongly that we're very close to that that next that next step and You know use cases or becoming more relevant It user interface is getting better. You know I'm really excited. We had Fred Krueger later on too long ago with links they got some really cool things coming on. You can go earn free crypto just by playing games I mean things are getting to where they are like in the real world. You know like Jim do you ucare how your money gets from point. A. To point as long as it works and it's honest yeah absolutely as long as it works and you know partly honest I guess. Sure sure I mean we're we're talking relative here you know we can always we can always find the good and the bad and a lot of different instances including the real world. But you know I'm not I'm not not using Fiat because I don't like the way banks work right. I mean I'm still using it still price the bitcoin that I that I ho- hot also so dearly I prisident in. US dollar still maybe one day. It'll flip flop and everything else be priced than Bitcoin stogies. That'd be great it'd be great for the holders for sure but I mean we're we're on a real world it's not. It's not a digital complete age yet where nothing can be done. You know in person I mean everything is relative to. What's the use case? I mean we're in a situation right now jim where we're on the beginning of the border of when we move into this digital age where bitcoin might be the actual reserve currency for the world. Who knows I would love that but it till today we still have to make sense of the world and how cryptos used in it so welcome? Everybody WHO's joining us. Obviously We've been gone for two weeks. This is the first show we weren't we weren't live last week in I apologize for that but We have a gym scamper away my co host myself. You're talking talking a little bit the whale wars and and how bitcoin nine thousand anyways Jim I have to admit something. So I'm I'm a user a bit pay right Kinda relative what I was just saying and I'm a bit pay guy and I often use my bitcoin or they have a theory 'em now and bitcoin cash has been around for a while and they're so you know it's it's one of those things where if I need to buy something I need some gas you know a bit pays superfast was Mohammed was going on Tim GonNa see a Robert But pay works really well. Only a few times. I've been stuck where you know bit. Pay Cash out some bitcoin and it stuck in transit in a transaction Waiting for the blocks remind but they added ripple they added Ripple Dude X. are now available to be used on bit pay. I have not used it yet. And in fact I don't even know if it's officially usable but I know that they're adding integration of X.. P. Waltz to use for forbid pay. But I'm GonNa tell you folks when it comes to sending and receiving ripple takes the cake folks it takes the cake hake I send ripple it's immediately instantly there and I wanna tell y'all if we don't get our shit together ripple people being used in this capacity is dangerous. I'm not saying it's overtaken bitcoin. I'm a maximalist when it comes to Bitcoin. But let's not be dumb. The use case for X. Sarpi just got really real with the integration of bit pay. Now I used to think Quinn base was the really the the the the means to mass adoption for the world because Quinn base for so long has been really the only least in my opinion the confidence I haven't in coin base for entry and exit into the crypto world. Jim I for a long time. Put this I guess just the this crown on top top of coins that are on joint base and I still feel that way to an extent because the masses are not gonNa know how to use exchanges. They're going to recognize and be familiar with a little bit familiar with what coin. Join based shows the user experience is the best in the industry in my opinion but now ripple has made a move onto bit pay now Jim. I don't know would you even have a bit paik out. No actually GonNa ask you like you know what is a I mean looking at it now I mean I see that it's basically a wallet so you can get a visa card and yeah turn your cash crypto. I must sound like I'm doing an ad or something. Turn your cash in Crypto immediately right But it's not truly immediate. It usually pretty instant for me with the pay but if I like cash out one hundred dollars and then immediately later I'm like five minutes later on my. Oh Man I need to add another fifty bucks that it won't let me until the transactions are done X.. RPI being added is a big deal for ripple. I'm not saying that for price price purposes. I'm saying for relevancy and use case ripple gist became the way for me Joe Blackburn personally to send if if I need cash out if I have ripple I'm using that I what's up Joe Joe Carlo. Sorry to Joji Josie and I'm jobe course at Joseph doesn't understand how people who believe in the principles of Bitcoin like X.. RPI because he's saying chasing quick pay in the cash shop that's better the next RPI sure. No no I mean right now. Of course yes I mean. Does anybody deny that. I don't yeah but if you have cryptocurrency cash app yes or chase quick. Pay Nope why what's wrong with chase trump module. That's GONNA I value of of putting an emphasis on that one last one. I'm by I'm GonNa let you have this one. No there's other home which as quick pay and there's nothing wrong with There's another thing on the banks these days it's like zoom or something we can live with it Zell Zell. That's thank you. Yeah no these are these are instant and in great. I have no problems with these. I mean if you're using Fiat and you need to move Fiat. I'm not telling you go bye bye on coin base. Go Buy some bitcoin. I just then send it back out pay the taxes pay the fees. That's ridiculous but if you got crypto pay is the way I mean one of the ways that can be use news. Yeah thank you Joe. Though I get we say no. Because you're saying it's it's like because we're always talking about on ramps and we're we're talking about mass adoptions so there has there has to be more things that are quick and easy. I mean bitcoins easy. It's not necessarily quit. It's easy once you get into it. It's not necessarily quicker so we get something that's that's quicker and that is more in line with some of the things that people already used we used to using. It's more of like a gateway drug if you will it's a it's a reefer now. Light of CRYPTO. I'm GonNa tell you who this actually actually affects the most not bitcoin. BITCOIN use case and the idea bitcoin. They're not in any danger. But like in theory are going to drastically drastically. Take a hit. I mean folks. I don't want to overplay bit pay. Not Saying it's the end all be all I will say as it comes to buying and and selling and then sending and receiving among many other things in crypto that we're also worried about at times ripple fixes a lot of the issues now ex. RPI Is not a token. That I am here to I. Don't I currently own zero x arpey currently Leon's era just for full disclosure. I if I do. I have some dust laying around and account it would be under ten dollars I feel confident saying I don't have more than ten dollars a rebel but I At times I I will pick it up and trade it or hold it or I'll Play round you know on the market here and there for medium-term hold or something if I if I see that we're at a low I have no problem looking at ripple as a means of trading and bringing back some some additional ripple and then cashing that up. bitcoin hurts my feelings on. I do not love this centralized bank ideology that ripple brings the crypto sphere. But we're it's a free market folks. That can do whatever they want. But I'm going to stand by and say ripple will benefit it from this and they will be used more than just bit pay especially if this transition into pays very seamless. It's going to make it very attractive for for banks to start using in some capacity at some point ripple is going to be very relevant and we always complain about the amount and how many there are in everybody selling it and the and the people getting rich off it yep they are does not change the fact that the shit works fair enough fair enough. Yeah makes sense to me like Apple. Men just works right. Isn't that what they say. Just works here. Yup now even with like something like apple you know the day see that apple or Samsung. Oh Simpson's done with with engines wallet but the day that it really does become like an everyday like normal normal thing for people to see like an apple pay when they see that there's an option apple will include a cryptocurrency wall at some point. It's common at the moment is upon on us. I wouldn't be surprised if it's in the very next IOS released. Jim You know It's only a matter of time for that to happen and I'm telling everybody you better be watching out for ripple and you better start getting your facts right because when this stuff comes. An ripples now becoming really really popular this there's billions and billions of them does it matter this trillions and trillions of dollars right and ripple believe it or not actually as deflationary because every time you send it it burns its own burns his own Dust and dust for those who you don't know is that little remaining little factors at the end of a transaction that wasn't used or that was that was used but just a little bit of remaining and I guess a certain percentage is is is burnt forever it's gone you know so A token burn every transaction And that's only going to decrease the amount every time it's used it's used the less there's going to be and again we're early in this ripples ahead of the game right now because they integrated into paying my opinion so yes so. You're you're calling. I'm calling it but you're like you're you're putting people on notice right now like this is your notice and I don't keep an eye on what things are happening happening. I don't want to pretend like this is like some prophecy right. This isn't saying go by our expertise in all coin. Because it's GonNa it's GonNa go ballistic realistic and you're going to get rich but I'm not talking or referencing the price even with even at all right. I'm just saying the use case and speed speed are going to be dominant in the means of you know how to operate you know I mean I. It's already hard enough. You know waiting on the bitcoin change prices. While you're waiting on your block the to get mind you know but when it's instant at least there's a way for them maybe potentially to to you know allow there themselves to go there even if it's paying they're just taking it you know bit pays cashing out for them. It just makes it easier if there's an instant you know reception -ception of the cryptocurrency ripple is in prime position and they've been putting themselves in this position for a very long time they got more haters just about than any other corn. Besides Sean I I think even on so why do they. Why do they have so many haters like why why? Why are the Haiti original intent? Sure the original intent and the purpose of Crypto and the blockchain by as designed by Potosi was decentralized the nature all excerpts was pretty mind the founders received all the they had they had all these ripples right and they're they're they were pretty much dumping a billion ripple month and then they were held up for about a year because they went to court and when they weren't dumping on on everybody ripple went ballistic just like everything else but ripple specifically went Went from a half penny gem to three dollars and fifty cents now. Yeah I remember hearing like I. I just like when all when Crypto was all in the headlines and whatnot around the when things are going crazy everyone kept talking about ripple ripple ripple this ripple that so I I remember hearing some of the some of the rumblings on that. Imagine this. Imagine Agenda and Joe Carlo Sarah you ask a question I'm GONNA get. I'm GonNa answer that in a second but you know Jim think about this. If you are you know mom and pop right and and you just heard about crypto and you hear that ripple is like with the banks. How much more enticing does that? Does that feel than bitcoin right. Yeah like view. You're like most people. If you're not in Crypto you don't hate the banks you're like man the banks will let me get my house man. The banks let me borrow the money for their car. It might hate my car payment. But that's not banks fall right now. There are bad practices. That have happened with banks. And that's not what I'm referencing here. You know but as a whole banks have been really convenient for Americans and we built our means of wealth off of taking on debt from the banks and you know and some people think that slaves that are but a financial slavery and and there's some truth to that you know if you take advantage of it you're not ethical or moral about it. Sure but the problem is with the crypto world is that we look at banks as the problem in a lot of ways. I don't I personally have like this beef with banks right I. I still bank with a bank. I'm not GonNa sit there and talk shit about them. They've been great for me. However in Crypto it is not cool but like banks? Yeah this is the reasons. Yeah we want to get away from the banks ultimately if we could we could only get out from under their thumb mm-hmm but you're right it's still a necessary at least for the foreseeable future For like it's a necessary. Evil to take part Martin most of the society like you said car payment house mortgage whatever it might be we gotta go bank unfortunately straight up now joe you ask. Why don't why don't you think layer to solution like lightning will outpace extra in terms of Speed Piper? Great Question Joe. Here's my answer. Sure that because of bitcoins decentralized nature you have to have some sort of group proposing bitcoin and representing Bitcoin and Mike acting as they can help you with bitcoin and you gotTa have on a corporate level to really like integrate bitcoin into these really standoffish. And like Whoa. I don't know nothing about this. I don't need to use all the while you have X.. Are actively creating and building in growing relationships with businesses. Going out they're treating it like a business treating it like an opportunity for these businesses. And making it seamless the transat the transition from them. Not Using Crypto to Crypto is now in the hands of a company of team who they can call him a customer service line like look. You're not working. There's no customer service line line for Bitcoin BITCOIN CETACEAN right. So between that and what you just said marketing company. Who's actually going to be pursuing and it's and it's it's both you know there's an accountable There's an accountable party that they can call and happenings fixed. or at least I mean what else are these banks used to like. You know if they got a problem with something they call somebody if they can't call somebody to fix something or there's a transaction being held up or if things get stolen there's there's nothing to back it up right now right. The company can be more accountable. That's that's just my my biggest expertise had they got a head start because they got a company happening. I hope that makes sense. Does that make sense. You will yeah. I mean it sounds like because you kind of need like a Like one foot in one foot out type deal so it needs to be more of like a bridge so it kind of doesn't have all of the you know like like we're looking for decentralized aspect respective something like bitcoin but it also has some of the norms like you said like like someone to hold accountable. Even though these are essentially things are looking to get out from under but yeah it's like baby steps almost and it does feel like I mean again like Joe's mcadoo a lot of good points in the chat. Not Will you Joe Blackburn. You're making a lot of points in the audio but in the chat I mean he's talking about mass adoptions GonNa come fro and they're gonNA come I'm from like developing developing countries which does make sense but may because we're so privileged we we don't have we do have things like Zell and quick pay or whatever that people aren't taking it as much of a look at something like crypto but when they they do look at it they'll look probably like you're saying they'll look at something like an extra p I because it's a little bit more familiar. Yeah and Joe I echo and we'll set jim by the way. Joe I echo your exact sentiment there And I'm GonNa read his comment just so people who listened to the podcast. Joe Says Joe says the biggest drivers of mass adoption will be Fiat currencies and the developing world that are unstable Venezuela Zimbabwe etc.. The biggest mass adoption will come from the the developing world. And that's what. Jim was just referencing when he said that. Joe Carlo Sarah was making some good points and I and I'll second what you just said Jim on that level you you know. Americans don't need bitcoin. Americans don't cryptocurrency. This is a speculative play any American living in America. WHO's buying bitcoin is not you you buying it so that they can use it tomorrow right like on on a need basis They're doing it either more for convenience or Literally just for speculation purposes purpose and the price goes up nothing wrong with that. That's that's how I got it right so if you're if you're a Although I will say if you're a you know a person person who's come over from Guatemala and you're working United States and you know you're you're busting your ass and you go to Western Union and they WANNA charge you a fifty dollars. Whatever might be? Maybe it's it's not your best interests. Maybe you go to your buddy who's got bit going like. Hey let's swap. Here's some money. I need some bitcoin. You know you get your bitcoin. You send home to mom she either uses it or caches it out one of the two. That's to me. Is the single greatest use case right now or bitcoin right is cross-border payment of pretty easy. Not I mean of ease seamless as an unlock Mexico's got bitcoin. ATM's they're all over the place. I heard in Mexico City. Haven't been there personally but her last like they just put in sixteen in brand new ones. Yep Yep send it for drug money criminal activity Oxley. There's there's A. There's a rapper. There's I don't agree with you. There's a rapper. I believe is called three six way. I forget but he makes songs about how to scam and he does talk about using bitcoin. ATM's but it's mostly like ski in for Scam Purposes. So I I mean obviously not something that we we encourage here. But I'm just saying you know that's that's part of the mass adoption as well now. I mean the criminals were by far a huge proponent of making bitcoin relevant right when there was value placed on bitcoin because it was easy. See for criminals to us. I mean let's not forget the easiest thing criminals to us though is cash and they prefer cash. I mean one hundred percent. I'm sorry to say very rarely. Do they prefer. BITCOIN quaint over cash. His name is TJ x six TJ. Six he says he has a song called Swipe lesson and it's about how to scam but I you got to find a site for you to load on when you go hit the bitcoin. You can't be petty Bro. Put your money in but camping. Nothing under a hundred though. If you WANNA hit for big Shit Ed put one hundred more. Go onto your site and it's going to tell you which address to load. Then you type the same address on the bitcoin machine if you put the right address at your popup green then from near you done with that bitcoin machine just some bars from TJ shoes. Yeah you slay over there man. I didn't And Joe Genevieve. He says a penny stock all like extra purchase. Cheap and held long-term can amount to a monumental returned the average investors would be envious about agreed. And you know like and I want to talk a little bit. According to JEM you know as as I noted earlier but just specifically speaking with X.. Compete folks you know. This is not an endorsement of ripple in any capacity but when someone who's not in Crypto asked you about bitcoin and then there her. It's almost like clockwork. I hear. Oh Joe you're in. Bitcoin tell me about X.. RPI Or tell me about ripple. I hear that I would. I would almost say it's it's the majority of the time that I had this conversation for the first time and you know I don't sit there and say no not x. p. not ripple because this is my reasoning is not going to make sense of that person it just is not it's not going to resonate it's not going to be like. Oh yeah man. Fight fight the power. No may unless it's that type of person to begin with the probably already in Crypto for the record but secondly it's not it's not a it's not a welcoming it's not a welcoming presentation of what Crypto is as a whole. Let them come in X.. P. Tron whatever it might be you know why these interests people number one as I said before the banks make it seem because expertise bank related the bank makes it seem like it's more trustworthy. All right we know better okay but that leads to an ability an opportunity to have a conversation about why bitcoin so awesome and you shouldn't fight ripple by saying it sucks you should fight ripple by providing substance in that conversation about why Bitcoin win is always going to be king and why it matters that Bitcoin is king in and the standard. Now my problem with X.. RPI actually has more to do with their community then than it does with the actual use case of. I don't hate ripple the way others hate. Ripple I dislike the centralize aspect as I said Earlier but I don't hate it for those reasons. I hate it because I gotta deal with that community. Tell me Joe Blackburn you let all these people come over here and talk bad about ripple. We're GONNA WE'RE GONNA doc she'll Mike Dachshund Bro. I mean what are you gonNA. Docs my facebook page can. Where's this happening? Where typically Fokker typically happens it typically happens when someone says something about x. p. and then getting a bunch of hate and and One of the moderators locks locks the thread so nobody else can comment on it. And then this person got muted or or banned for that matter. Because they're being disrespectful. You know now Just making people feel like Shit. Or they're trolling of some capacity or acting like the trolling. And then these people want to give you know Other people hard time for not liking ripple I get it. They're mad but then they go and rally the troops and when they rallied. Troops is not like five of them. You've got to do a five hundred of them and it's a really really difficult fault line to toe and I'm like look I'm not the enemy folks. I actually I'm talking to you. XBOX Army I'm not your enemy stop messing with me so it's not that bad I've I've come I've got good relationship with some of them. Now so crypto and all coins and stuff. It's like sports or politics like you have your team and you're gonNA like show. Oh for your team. Basically and like yeah other people are going to Shit Talk Your Guy or your coin and I guess maybe could even be more feverish because as you got your real finances on the line like that's your money like if you're talking a coin that you have a lot of money Dan obviously you're gonNA take that fairly personal exactly right you just nailed it money. Money talks and money makes you talk right. Money only matters when you don't have it right Jim. If you've got a bunch of money you don't think about it but many money only matters literally when you don't don't have it so there's two reasons why people get upset about crypt up number. One is the easiest to acknowledge that is They want their price to go up. They want you to stop bashing or pumping you're coin. They want you to join their team and that turns into a fight secondly in my personal favorite is humans like divide themselves and pick sides like a sports team as you just noted like a politician. It's crazy how humans are so predictable in that manner. I have a problem with people who are not open minded. That doesn't mean you can't be firm or or or sure of your stance but at least have the ability to have the conversation and that's one thing. Even to this day I agree with some of the ripple people they have gotten such a beating. They are the way they are out of like digital necessity. They had to band together to fight off. Everybody and this is what we get. We have received in return. I almost compare it to Donald Trump. Donald Trump is kind of like the answer to a lot of the Conservatives Feline. They got beat up. You know and I don't WanNa get political in that but there's so many similarities in like in how ex arpey the and the army and and how they band together and so many ways how you know they they've come together and the most unified and united community and all of Crypto you. I can't take that away from him. You know if you get into a fight or an argument with with ex army. You're probably going to be beat up so much. Digitally that that you just give up or block everybody right. That's bizarre cost. Spaced instance bumping post would let me know. Then we'd be in a heartbeat a time and is that part of the lyrics. I don't know I don't know what that is I. It's it's especially for my point interview. It's I mean like I. I don't even know where to begin with all coins. I'm already like I'm just learning crypto in general and Bitcoin join and I mean I was at the like Las Vegas Block joint. I block showing Blockchain like week the conference in like. There's like a bunch of these coins. There's like drunk coin beer. Coin this coin. Whatever it it's like it's so hard so hard to keep track of what's what what if but I mean? I guess if anything if if you've got an X. P. Army and everyone's talking shit that's a good thing. I'm sure I'm sure drunk. Coin wishes people were talking shit about them because otherwise like no one's talking about their thing pretty sure drunk Wayne was one of them. It was something like that or beer. Coined Baby I'm not shitting on them. I just don't know they are well. I mean if it's beer. I'm interested right so no actually in your right Jim. I mean good points there like it gets exhausting. Trying to keep up or to chase the quickest bad and by the time that you usually hear about it especially because your inconsistently involved with the the news on purpose like you don't have time. You're you're working man. You have to work you go home you want to hang out with the check you want to go watch a movie. You got your own show on Fridays Jim in them. If you're not watching it you need to go like facebook But you know you have too much going on to be able to stick around the the old coin charts and making ensure that you're not missing things you know here I want to. I want to be very clear before we get into this. What I'm about to say is not advice to go buy your coins? All right folks. I'm going to speak very frankly here. I'm going to speak about some personal experience and experiences that I've had in that I'm doing personally but be be really mindful that you know I want to have this conversation and I don't want anybody to take it the wrong way. I want people to be really responsible and really Selfish official with their bitcoin be really really selfish with it. And don't just give it up because I said it because Jim set because anybody said it right. This is not advice. I'm not trying to tell you what to go by or what go sell felt okay period. That's not what I'm doing so that being clear you know Jim. We're in a position. I think where coins a really really primed. They're all bottomed out man like I look around and I say I don't. I don't see how these things aren't about to pop. You know why people want them to and they're done selling and they're done pretending like they they're going to make a whole bunch of money people have given up and that's the moment comment that I'm like his time. It's time I mean the exhaustion of the of the coin market about a month and a half ago was like at an all time low and I was. It's like it's it's it's that's it that was it. That's capitulation that is we. Finally you know exhausted. All the people who you know finally finally gave up people were selling at ninety ninety five percent losses every coin every ICO. That I've seen that I've ever watched that I bought. They're all like down ninety five percent all all of them minus a very very small amount. Folks it's getting close. We may actually already be there now. I could be wrong and I said this before. I don't want to pretend like I haven't this isn't my first prediction. That all coins already said it. In the summer we had a small little run. You know I was like man this looks right and I'm saying again it looks right. It's just the conditions compared to this you know scientists meteorologists and weather folks. They can't tell you that the Tornados happening until it's happened right. They can say. Look at all this win. Look at the high and low pressure systems. Look at the the heat up here in the Cold War Code on here. Oh something's going to happen. Look the conditions are primed for the tornado coins. But I'm GonNa tell you Jim could it be a replication of what happened in two thousand seventeen doubtful but possibly yeah sure maybe everything does go especially a bitcoin starts really poppin but people. Don't forget the reasons why these coins went up. So much is because went up so much. A theory went in one year. I I was buying theorem literally buying a theory in the six dollars within a twelve month period. I'd watched the uranium hit. Like twelve hundred dollars dollars right Jim. Can you imagine how smart we all thought we were. Then yeah laughing at everybody telling yeah I mean keep in mind these power coins lie coin a Theorem. They've never even approached their lows. Twenty seventeen not even close dude people can say oh ethan down depends when he bought folks because what is it still one hundred fifty bucks. Whatever I don't know what he does right now? Let me look it up. Just because that's relevant theorem is one hundred seventy seven dollars right now okay. According to mark cap went down to like eighty bucks a year ago. And guess what it's over double that price it's way higher than six dollars and for these power coins that stood the test of time. The ones that are there today a lot of that has to do with some really good decisions that theory made even with their struggles. You know like Coin Does X. p. a theory of Bitcoin Minero stellar. I mean on include Tron Dash. You Know Iota I mean neo. Oh like these coins were under a dollar at times the ICU. For a theory. Jim It was like twenty cents a token man. Crazy isn't it. Yeah money to be made. I think the I think the Fraser looking for is that all season is coming right hasn't that been the rallying cry like for the past six months. Everyone's waiting for all season. But I'm surprised to see the Joe Blackburn things that all season is could potentially already be here. If not on the cusp I and you know I'm I'm a bitcoin maximalist when it comes to the standard of bitcoin nobody it should pretend like they can overtake. bitcoin is as a standard. But the blockchain is for everybody. The blockchain exists for businesses and for four currencies decentralized currencies. Oh I like I literally look around the awkward market and I say there's some really really great projects now the way better projects in there in two thousand seventeen twenty six twenty fifteen twenty fourteen. I mean the projects are real. There's use case there's honest people people with morals integrity ethics on in charge of these projects. Jim and I'm I'm being careful not to mention these things by name because I don't want to give the wrong impression but there's honestly asleep great great projects out there doing awesome things. And if you think that's not happening people your thoughts up. You're fucking crazy. I'm GonNa tell you if you look around right now and you cannot point out five or six great not like okay. Yeah they might make it great honestly great projects their their do some frigging homework. Go and research. You expect someone to tell you. Bet It anybody telling you about. It is probably somebody who wanted to go up. Or they don't want to tell you about it because they want to accumulate. That's a real thing people. That's a real. Aw thing people suppress price get it. Cheap let it go then they start pumping it right. That's not what I'm talking about. That's disingenuous on right and an always. I'm talking about projects that will not only surpassed their twenty five cent. Price like eighth. Did or coin or whatever it might be but maintain a certain level. Did prices get too high. Yes but it's because the market pretended like a theory was worth more. So this inflated idea ah theory was worth twelve hundred dollars it wasn't I think it will get back there again at some point just because any bitcoin is going to go back up but a theory went to like twelve hundred bucks dude right. You can't tell me that everybody bought a theory. I'm at twelve hundred dollars. They didn't there. Are People like me. Lots of people like me. Who in the same year bought a Theorem at six dollars? That money wasn't real. It wasn't earned it was inflated. It was a double the people from the DOT COM era. That tried to tell us. Nobody wanted to listen. I was one of them. I was like no no this is this is crypto. This is different man. GET GET OUTTA here. boomer your industrial stories they will right Now and I'm just impressed with it. I mean I can probably go on about ten projects I'm in in love with. I don't even own all of them but I'm just like that's what I'm fucking talking about like do it. I'll tell you one because I had been radio links with Fred Krueger door. Jor for Ecuador. He's one of my heroes right. This guy gets it. Hey we gotta make it easy. Hey we've got to make people interested. Hey it's gotta make sense. Hey Hey it's gotta be Easy Fred. You're going to win and that's the type of people that are going to do it. Well we'll say drew I. I like where you're coming from because like you said you're not. You're not like most times when people are like. Oh all seasons common. It's just because they think okay. My Shit coins have bottomed out so now. There's only one place to go is up and I mean that's a little bit of what you're saying but you're more saying that you're you're looking at the companies out there right now and people have kind of learned a lot in the past few years especially coming off of like quote the good old days people have gone their shit together. They've matured a bit and put in the work and we're going to start seeing kind of the the rule we're going to reap the rewards of that of more the hard work rather than the flash in the pan everyone just trying to hop on to the next like penny any stock if you will. I mean they're probably still be elements of that if things start going up but there's more of a better foundation behind it for things to really grow grow so that's kind of your excitement and where you're positively is coming from rather than just A. Hey look at the charts have been down for so so long. They have to eventually go. Go Up and you're exactly right. And by the way I'm not opposed to that type of sediment because that's how traders operate writer traders find the bottom they find we're traditional supporters. And it's essentially you just simplified it. It's at the bottom. It's going lower. Their support here is going back up nothing wrong with that people cornell do I agree with that type of of ideology about crypto. No that's the problem. But who am I to tell that to. I mean this is a free market. Do whatever the hell you want to do I am not allowed to. I can have an opinion but I'm not allowed to tell anybody what's right or wrong i. It's not not on that level at least now this is what I will say to piggyback. On what you just said because there are things that are Projects Projects and people involved in projects. That I really I know in they. I know that they're doing a damn good job at what they do. But I know that they have a bigger picture and a scale ability and these people are looking to build something that IBM wants to buy looking to build something. That facebook acquires. They're looking to build something that that is that is sold or goes public one day right. This is the next run of the NETFLIX. Of Uber's this is happening in Crypto. Today today right now as you make fun of all coins since somebody's building the next multibillion dollar acquisition and you're the idiot who's telling everybody it's a Shit Coyne. I'm not saying that. Most of them mart are they are. They are shit going they they serve no purpose but yet there are still great projects. Do Not Blind yourself with the idea that all coins are just all coins are just trash or shit. No their businesses their business people. They're brilliant. They're Silicon Valley. They are getting angel. Investors already raised twenty five million dollars from from you know some private raise. Those those all coins eventually are going to become a security or not. They're going to become the next stock market. We're looking at the beginnings of of something. That's really real. We've experienced that. We've seen it. We watched the immaturity. It's bigger than the next penny stock. Pandemonium this is Bitcoin Bitcoin. I saw Peter Schiff. Excuse me not Peter Schiff. What's the guy's name? That's always bitching about our bitcoin losses password. It was released pin number. What's his name? I can't remember talking about So one of the comments let me know anyways this dude. Yeah Jim look this us. This guy sitting there complaining about Bitcoin and how hard it is. And there's some okay. There's Peterson Peterson Asia. Peter Schiff said bitcoin folks point and I want to remind them about gold or something right. And it's like this. Yo Pete. Gold is worth seventy five hundred dollars less than bitcoin Bro. You could not such almost coming in on it but but I just saw that. Everybody else has already commenting on it. You know so But you know I'll I want to make another statement. Quick folks. I'm not I on the tip of my tongue exist four projects that I absolutely adore And I just cannot say them. I don't WanNa be irresponsible. I will say this though there there they are doing it the right way and most of the ones that I really love our tokens that did not do when I see. Oh there are a few right now that I did do an ICU. That are down a lot and we're getting trashed by their own community. As I mean that's the game you play. Look if you want to raise money. The people who expect price go up. That's the game you played right. Don't be mad CEO of so and so I see yo bro. You you ask for the money you better you bet your responsibility to them in their mind is that you make the coin go up in value. They believed in you. You'd better believe in them enough to make sure that the reward that's the way that the holder sees it right I mean why else would you. I'M NOT GONNA if I thought I was going to go down ninety percent. I'm not going to give you my money. Everybody feels so folks. If you Austin is you it is what it is if you lost on the open market. It's even more your own fault. Stop believing people you don't know. Oh personally stop believing people do but anyway my point. Is this the projects that I love. Most of them did not. Do you have a token and there's a use case for it. I'll give you one more. I said links earlier just because I've had fred on twice. I love his approach. Everything the idea that identity link says. I don't even think it's tradable right now which I could be wrong about that. I don't want to speak for Fred but I don't think there's is a place you can go buy and sell it outside of just on a community level there's another one Bravo Adam Barlow. SCC team member right a friend Love Love Love Bravo to me. I see it as competition to yelp and the decentralize aspect of what Bravo's doing Coupled with the the scale ability of that business model is wonderful. Look it up. Don't buy it. I'm not telling you to buy it in fact you're an idiot if you buy it that way. If if you do buy it you know I called you idiot but I love the project and I love Adam. Door Him Adam. You know what I mean when I say that go look at it and just go look at the project. Download download the APP. Use It you don't have to buy coin just rate something. And you get rewarded tokens. That's it you don't have to buy anything. Well especially with the identity. A great great project Leah and especially with the Like the down like the the dark side of yelp getting more and more known by the mainstream people are starting to realize realized. Come some of the Shenanigans. They're pulling with either like If you don't like pay or whatever for some of the sponsorships all of a sudden maybe you're eh negative reviews get pumped up higher. There's there's some weird things Coming out on Yelp so definitely a market ripe for someone to swoop swooping on that absolutely all right so I've got an idea and I briefly brought this up for those. You Watch mainly got fourteen viewers right now. But this'll be a podcast tomorrow. If you listen to podcasts. Please let me know your opinion on this because I really really really really want to do this but like at least once a month like I want to open open up our forum. Jim and allow people. Just come on and just complain about their shit coins right like. Let's just let them call in and talk shit about the ship coins at their most mad at now that kind of contradicts what I was just saying about open your eyes stop being a dumb ass start realizing what's going on but I think the conversation is relevant and I wanna be objective to these callers. I want you I wanna I wanNA defend every coin that comes on right like almost like I you call in you complain about uh-huh it's not a scam even if it's a scam. I'm talking about objectively speaking right and you convince me or you or you. Just put your opinion out there. Look this is the reason why I'm mad at at this point that stupid. CEO Message May he was telling me all this stuff. This is what happened if you think this is a great idea. I want to hear from you message. ME MESSES HIS GEM. Message somebody who you know who. Who might who? Who might be able to get to me? If you can't get a hold of me but I want to open up the conversation. Come on let let us know why you hate something right. If you hate me I'll let you on. Tell me why you hate me fun. Each Other there should shit talk your shit coins right. You want people to help your sick shit talk your shit coins. Open up the forum. Let's hear let's hear the experiences you've you've add. Let's hear the or the you know the crushing defeat that maybe you were dealt by Shit coin or whatever. Yeah I I like it because you know I mean Joe in the Shad Josefina Chat. How about having a civil debate uncertain issues? Yeah I get it. But that's not. That's not as sexy acce- that's not as tasty people. Don't people want to hear that a little bit. Nobody gives a shit about bad jokes. People WanNa hear People WanNa hear shit talk on their shit coins. That's what they want to hear. We gotta get Jingle. We gotta get a logo the Shit because I mean you gotta get any really good in that Mike or even like a ah like a dropbox like comments like we can remove mean tweets about coins. Yeah people who can just send in a quick. I mean if you're able to just record a quick thing on your phone phone just use the voice recorder do a quick rant something we could play but if not you can always then send you can always send in an email or message yeah and Aldo. He he commented he said. Thanks Joe for the perspective I would recommend people use tools like F C A s fundamental crypto asset score which it was not available in two thousand seventeen thanks? I don't know if that's your project or not but assuming you're just trying to be a good dude Interesting I've never heard of it. So maybe I'll look at it Joe Carl Sarah. You've been on the show before and I would expect that you also would join us for that but I really WanNa make that a Jim What are you doing once a month let people come on and just like that about their stupid ass. All coins that they're holding for two years I mean I think people would love it because I mean they're already doing it like on and stuff like that so you know. Let's give a platform. Let's hear about and I like 'cause the angle the angle is obviously giving someone a platform event but like you said but I also like Joe's taken an angle where he's GonNa he's GonNa try to flip it. He's going to try to spin it. He's going to try to defend it a little bit. So that way we get a little the the the positive in there as well. It's not going to be all negative. We'll be able to look at it from a neutral perspective. Decide if you got shit John by Your Shit coin or if you rightfully Shit talked your own Schick coin. That's right and put people in record and make them eat their awards that they were wrong. Right right you know folks yes it sucks when you buy something and you lose but you can only lose what you put in so if you can't afford afford to lose what you put in. You're playing the wrong game. And that goes not just with crypto that goes with gold that goes with a car that goes with a house or a college education. If you can't afford it don't do it. You Know Jim. I have a problem with this. This debate debate people like to have about free college education. I would love college education. Be Free for the record. I'm a human being. I would love for people to go to school. Annabi Free Great you know. Oh that's an expensive endeavor though and college is not something that is ever been just a Mike. Yeah everybody gets to go. No that's not what colleges colleges you know what the problem is. Nobody ever has the discussion not get rid of college debt or student loan debt. They never have the conversation about this. Hey let's lower lower the price of college. Yeah Hey I mean pro house hello just lower. The price of school again make their cap. Like that's the easiest fix but that tells me this I cannot be the first person ever think of that. Simple idea right. People want separate divide us. Whether it be crypto whether it'd be politics there is a reason why people want to fight because it sells at and that's what we're trying to do one day we're going to monetize awesome. Show bitcoin radio. We need you to fight with people we need you to piss everybody off so come on the show and tell us why you hate your all coin I bet you you can't do it better than me which think Jim I love it. I'm loving it. I can't wait to hear these stories on air. Some horror stories some Shit Coin Harris Stories. If you know a folks if you know somebody who's got like a really Shitty shitty story tag them put them in here. Tell them hey look at fifty one minute mark or the probably I probably started this rant at forty eight minutes or forty seven minutes. Good the forty we. Seven minute mark. Jim Check out what Joe Biden says. Let them know that you're interested in the show. TAGGART tagger boy tagger friend. This is going to be fun. It's IT'S GONNA be cool Jim. I know we're winding down the hour. Now what else did we miss. We did we not talk about something right tonight. I mean we kind of touched on it but I mean bitcoin instill looking good which is nice. I mean we're in the ninety three hundred range so we kinda went over the ninety two which is good. Hopefully things keep up and maybe weeks we stay on that uptrend. That's always nice and I think it always does D- like we're talking about with all coins that can be positive effect it on the market as well so good things. Good things are happening. That's exciting like I said at the at the start of the show. I I haven't been keeping up with things I was Zodda town for a bit. I need to get away from this stuff So I'm just catching back up getting back into the community getting back into the scene of the crime and seeing how things are going in the crypto. Verse well I think like the last time we live like bitcoin was nine thousand dollars. So it's like we just had. We Gone Sleep in woken up two weeks later. It'd be like what happened what you think change. And don't forget folks. I made a comment about a war that I heard about. And it's done exactly what I thought was going to do very violent and very this isn't I don't WanNa like I'm like predicting these things. I was told these things I don't know if it actually was is going on. I mean I wish I could be Having first hand information to give you guys on what's actually going down that'd be fun but I'm not but I have watched bitcoin go back and forth from eight thousand nine thousand or above nine three hundred. There's two whale factions. I think that are really mad at each other from what I understand. And they're trying to Piss each other off trying run up liquidate one another and making things happen a certain way and they know all the tricks and the trade and I. It's it's fun to watch. It's fun to watch. Does the Corona virus seventy thing to do with this. What I've got no opinion on the corona virus? I've got got too many conspiracy friends that tell me that this population control thing and then I got people saying it's not even a big deal. It's only been like five. People died. Which I know is wrong? It's like I think sixty or so. God rest their souls and shout out to my man. Kobe Bryant By the way in his in his daughter and everybody else who died on the helicopter Kobe. With one of my heroes. By the way so commit to say that earlier yeah tragedy tragic terrible. Yeah but I watched some really interesting memes and and videos about Another instance of people calling out Like the cartoons make Donald Trump was president. You know and or the Twin Towers hours falling on the simpsons and apparently there was one of the Co Ryan and helicopter crashing and then giving up his rings or something. So don't don't play with the devil. I don't know autumn but that is kind of weird. That's really really weird is not now for sure. It's bizarre. Did you see that video now. I did not do you mean like it's you need to look that up because that'll be good topic for Jimmy Jump Jim in them Yeah I'll take a look last thing Jim One of the things that that I like to do on my podcast says you know since you are you. Nobody knows more about my podcasts. In Houston she listened everyone of them. Because you have to or you have had to in the past And I love you for it. Thank you But you know this that I play my one game and as we finish off. I've realized I've never played quickfire with you. Oh that's great. Yeah that is correct so the folks get all my. My inbox is filled with girls. Trying to get a hold of your phone number and you know people saying you know who's is Jim in them you know and I'm always like golly. I thought you were going to ask me about me but you know what I got all your words behind me. Yeah my Oscar right you let me ask in your Oscars I was I was very. I was very glad when I saw that That you'd sit me that you know for Christmas I got all your Oscars and I stack them up my shelf behind me. I got no comments about my back screen by the way man. Everyone's just with this one's name is Joe. This one's name is Jim. This one's name is them Nice. One's name is never mind. That's another story all right but so I I do have my questions are you. Are you ready. Yeah Yeah I'm ready. Dude bitcoin two million dollars or no yes ever a nice get answered. You have to say that right. Yeah of course I mean obviously I can't say when but I think it's like Yes it's yes. BITCOIN million dollars under ten years. I'd say no on that Bitcoin as a political party. See now this one. I'm always confused on like but I know you Kinda keep it vague like that and and I would get I would also say yes to that but again like Be obviously a long time because You know the way two party system all that stuff but I'd say yes yes fair enough. I mean there's no wrong answer that question by the way everybody has their reasons and because Bitcoin is the central is you can do whatever you wanted to do with it. What's up next question? Have Humans and Aliens ever interacted on planet Earth. ooh That's a little different than what you usually ask isn't isn't it or you. Just you asked if they visited but now you're asking if they've actually interacted with people interaction because I know you and you're you're prepared the answer I just asked so I would ask so you get a little different variations. I mean I would have to say yes although I don't believe in like adoption stories I don't I believe in like that and also don't really believe in your Reagan or yeah. Yeah Vegas Desert Baby. I don't really believe in ancient. Yeah like you oppose what area fifty one. I don't believe in air fifty one either Roswell. Yeah Oh yeah Roswell New Mexico they made a TV Michaux about abro called Roswell like you can't deny that but that's not in Vegas Nevada so it doesn't really count but I'd still say yes Roswell Roswell New Mexico New Mexico. Yeah Yeah and that's yeah you're right okay. I mean forgive me. I've never been Roswell. I would love to go so that that was kind of all right. The next question in your not entertaining the damn alien question. When I said I'd say yeah I don't know if it's like I said I don't know about like people that have stories of alien abduction and anal probes and all that stuff but I'd still say yes interesting? Use Use of okay as far as bigfoot goes. Is it possible that a non inter dimensional primate bipedal. So as they like to say is walking around in both Siberia and North America around Canada and the upper states and has not been discover get. I'd say I'd say no. And if maybe if bigfoot bigfoot ever was real so then I mean he's dead now he's dead. I mean it's I know bigfoot more than one big foot yeah oh maybe he was just one. I mean no. It's the tried. It ensures like Goto answer now but like just the fact that everyone has a camera like i. It seems like we'd have more bigfoot and Loch ness monster the footage not less I mean we we. There is a lot of footage for the record a law. I don't know how ready to find a lot because there's not major one. There's that big one with the guy you see the silhouette and he stops and kind of looks over at the camera around I but I didn't that guy also admitted that was fake. While he's dead now so we'll never know I think. He admitted it was fake on his deathbed. But then I mean I. I assume that you're just believing that this guy actually said that on his death. But I knew you're going to say yeah like that leads credence to it being a hoax conspiracy. Yeah Yeah. I don't think we have anything. I don't think we have anything to gain from. Keeping bigfoot secret agreed for the record I agree with that like bigfoot existing outside of the fact that an intelligent bipedal being might freak some people out. Yeah but it's similar to like flat earthers. You're always like well. Why would they keep it a secret ears flat and they never have a straight answer for that? It's sometimes it's like universal studios has made it up because they use the globe as a logo. And it's like that is so thin it makes no sense so so it's the same idea. bigfoot existed it would just be like how you know bears exist it does. It doesn't matter no agreed and that is a but here's the thing is maybe nobody actually knows and look of all those videos. I heard a great quote. It doesn't matter if all those videos are fake. As long as one of them isn't well but that's almost kind of like. Hey if you can imagine it. It's real which I guess ss fair like a anything you could imagine but I mean I guess in that respect I would I would answer. Yes that there could be something out there that we haven't discovered but I don't think that there's people have run into bigfoot bigfoot and then like people are trying to keep that news secret I enjoy this discussion. I had to bet my life on it. I would say big foot's if I mean like if I can't be like fun on and engaging about this I wanNA believe folks I want to believe in bigfoot I actively cert for new reasons to believe in bigfoot. I'm I'm not a big foot hater. Laugh at people looking for bigfoot. I wish I was walking around the Alberta Canada Woods with nothing to do except try to find bigfoot. I would do it. I would come with you if you're bigfoot. Ah Discover or somebody WHO's searching what I'll go with. You have like the best and most attitude but I if I had to bet my life on it I would say. There's no way he's a lot but there's some really cool structures that cannot be built by humans that I've seen and it's just interesting and I can't wait to to see if it ever does exist. I'm looking forward to the day next Jason but Jason's Chad bigfoot got recruited into the army. I love that comment a big little by the way it was the head of the army out. Obviously just joking and Jason. You're probably right so last question Jim. And this one's it's very special to me I'm partial to it And I'm asking you this for a reason by the way so Before I say it folks I want to thank everybody for the support twenty twenty and In two thousand eighteen as Tayo got started was was has been really fun and Jim. I couldn't do this without you. I appreciate your perspective and your ability to to not get mad at me when I go on my stupid right. Yeah thank you And as do I. You're you're a really great perspective. I think a lot of people don't have the balls to ask the questions and I love the way you present this information so with all that being said and of course my adoration for you and listen and I look forward to as our friendship grows in this in this channel rose. I looked forward to see what happens. Jim in them. Your show has been going on for years now and you guys are incredibly kick kick ass but my question about this is if you were full. Time into crypto. What would your job be fulltime crypt? I mean job choice. What would you do? I mean I guess what are the jobs you you could be podcast by the way. That's it's not like a development Annadale uper day traitor. Yeah hold on. Let me listen let me lists couple of options and there's more right if you think of a creative identity you wanna be but developer you build and community manager. You're you're helping people understand the shit Day trader or trader. You know you're you're you're making living off trading And I would say maybe a a another one would be just like a like a organizer. CEO Type Senior leadership of a of a business. What would be your preferred? You know. Roll out out of those choices. And if there's an old one like I said feel free it's an interesting question I guess I'm leaning towards day trader because yes I mean although I do lie. Listen I mean because it's it's mostly like because I don't love any of those jobs invention because I mean developer would-be manager in your real job. Yeah Yeah I mean developer would be cool I just I I don't have I haven't had a lot of the patients Haitians or the time to sit down and kind of learn code and all that stuff but I guess Weird Computer Guy Computer Guy. Yeah yeah so I mean I guess it would be something like that or day trade or even though day trader. I don't like I know it's very simple to to try to say it's like gambling but it is kind of like gambling and I kinda hate gambling but I guess there's that rush and the uncertainty in the feel of of the like the adrenaline of the trade and keep an eye on and hop it on and getting the right timing and all that so yeah. Yeah Yeah it's hard. It's hard to really pick one like you said. Yeah I do community manager. It's just by tough thing with stuff like that. Although I do enjoy running team is I get to. I get to focus on my own stuff and take care of my own shit and I don't like to rely on other people a a lot which is sometimes downside? Because I got to be able to delegate and be like Joe Blackburn what the Fuck Guy Get your work done Jesus Jesus Joe for your Your your hatred towards me at times. Thank you But no agreed Jimmy. You could do a lot of those things including the developer your computer nerd. And that's Kinda why I was like I expected you to say developer and you said day they traded which is the opposite. That's the last thing I would've thought which I think is kind of cool anyways entertaining answered. Say if you have those emotions your shitty day trader. I I bet a lot of day traders though love the thrill and they love the adrenaline of it. I mean maybe there shade but I bet you. There's some very successful ones that that do get high off off of the the you know the rush of You know whatever it might be. I'm just thinking uncut gems if you've seen uncut gems but I mean that's all what sports betting though Jim. What's your shirt Schwantz? Now it's a clown world interesting. Is that from Vegas vacation family vacation location. Now it's kind of like about how we live in a clown world like where people get upset over like jokes and stuff like that fair enough and we are. I want to say what's up Jefferson. I haven't seen you in forever good to have you back watching all right folks. We're over the our marketing me me. My favorite movie also haunted Mansion Hoodie. Everyone their favorite movie you. You don't ask me my favorite movie interesting and you should ask. I will ask you that. I forgot to ask that question all right so the one thing that I was avoiding was the movie conversation but now that we're having let's go why are you. What is your favorite movie of all time? We'll get I ask why you're avoiding it. Why don't you go ahead and answer the question It's probably going to either back to the future goodfellas. Really I was not expecting either one of those okay so I like both of those movies. What about the future? What are we expecting star wars show on? I mean it wasn't not going to ask you. I forgot sorrows great but back to the future. It's like a perfect movie goodfellas. It fell as PERF. They're both like perfect. I mean I could name a few more to like Shana. The data feels like a perfect movie but those other movies. I've I've been with me longer so like when I was younger like back to feature seeing as a kid and like really being wild by but still loving as I got older in and just great payoffs great setups great time travel payoffs goofs. It's really original and its own thing and it's such a amazing being miracle that it hasn't been remade and you know there are eventually going to do it. And Robert Zemeckis finally dies because the mckesson Bob Gale the directors actors and writers said that they wouldn't allow them to do it but you know once they die their kids are going to sell off back to the future and they're going to remake it and it's going to be awful but it's great that back to the future exists now but think about all the people who haven't seen back to the future that point and they won't know Nancy so somebody could make a lot of money I mean like let's go goodell's Dell's were quick by the way neither one of those I mean I guess you can kind of consider like back to the future that it has some comedy in it. But it's a story it's an adventure story right I. I wouldn't consider it a comedy show in regards Goodfellas is the opposite of comedy drama. And it's about you know Italian mafia and the in bad ass an and you know people in back of the head. Wouldn't they use cases as Tyrian. Use Joe Patchy poor guy. I felt bad for him. I thought I was going to get made right. Yeah Ah Goodfellas Casino. Now we'll get skilled in both but yeah he gets shot in the back of the head and goodfellas although goodfellas is still surprisingly funny. You're right I mean tapers say but it has a lot of funny parts and just the the music the direction the story the acting. It's it's a perfect movie. The way jumps around the way they have that segment towards the end when Henry Hills like coked up and the way the music keeps changing changing. And it's cutting really fast. The character I guess just an all around great movie it's a classic instinct classic and another one of those movies. I saw it probably way too young younger than I should have seen a movie like that. But that's kind of some of the best movies ever see is when you sneak them as a kid fully understand it but then like it still is like. I don't know just great classics classic absolutely in Goodfellas to me like every time I watch watch it. It's still I've probably seen fifty times and I still notice things like eight forgot about that. I didn't notice before because there's a lot of I don't want to read Red Com crumbs. Like Scorsese was trying to like lead us into a different direction. It's pretty straightforward movie. But there's a lot of little things in that movie and you know even even back to the future. That's similar minutes. I think it's both those those Those choices are great by the way and neither one of them have ever been so. I don't think bitcoin radio so even court have some new ones added to the to the Max but let me ask ask you out of all the things in back to the future. What stands out? But I'm assuming we're only talking about back to the future one. Although I didn't mind the other movie I love I love the SEGEL's with the first one is the best one but absolutely I agreed. I I have no problems with the sequels either. I enjoyed them. But they're not the same as the original What a brilliant idea and the storyline that number one is but what what stands out the most like and I'll give you mine? I just so you understand what the context and I mean the two things that I look at back to the future as like staples of like what I view the future as because that's what you get a snapshot and they weren't that far off. The cubs won the world series. The right year I think right among other things but the lace up shoes that was always like perf- ound me that the shoes would just lace themselves hopes up. Well those are things back to the future too but I do love that as well because yeah that's when they go. Oh no no. It's the first one now. These back to feature to is when they go to the future bad the first one they go back in time they go to nineteen fifty five in the second one they go to nine hundred fifty five as well but in the first one they just go back in time. Okay so oh mixing them up but the lace up shoes are still great ingrained in my head. No it's yeah it's great and the Hover Board and our board right. You're right because they run into the truck and the shit falls on biff and yeah classics all right. So what is your. What is your point though like? What's your point that you just remember one of the best things? One of the things that stands stands out. That's so great. It's just the fact that doc and Martier friends because Marty's a high school kid and Doc Brown's just an old crazy man that lives in the town and they never explain it like they don't spend time being like this is a doc and Marty men ED. This Saturday became friends. And like I know. Nowadays it would be more of like a creepy relationship or something because it's like Who's this old man? Was He hanging out with this high school kid. But I don't know I love that. That's a thing in the movie that just exists a Marty's Kinda like he's not like typical nerd but he's kind of outsider but he hangs out with Doc Brown and that's such a great detail but you know nowadays if they make it they'd have to have this origin story or this explanation of how they became friends but they also he also kisses mom. Yeah it's also. It is great that he gets to go back in time and set up his parents but as mom has a crush on him which is hilarious. I mean like it's hard to like. Have an opinion because without sounding weird about that like it's like she didn't know any better you know he did but I mean man then when it comes down. He's as you couldn't have that well when when it comes down to it when she does kiss him she's like like she has a crush on him through most of the movie but then when she gives them she's like oh it's like when I kissed. I don't feel anything it's like. I'm kissing my brother or something. Something like that banged. Fortunately now for Mardi make fly anyways all right so we'll wind us down. Jim Great great answers. I'm glad that we got a chance to hear your quickfire answers. You know drove that one out and I was wrong about you. Know the maybe you can edit that part out so it's like a dumb ass Because I did just give a just did not. I did not say not bad things during the great things about the sequels But but you're right and I Misplace those memories I guess nevertheless clown shirt and all Jim Campbell A. You're the man thank you. Thank you everybody for joining US tonight. This is the BBC were. bitcoin lives anything else. Jim Now I think that does it so us all right everybody. I know what time it is. I know Jim Stealing. For the CRYPTO verse. I know what I'm doing. But what are you doing diverse. It's our job to take care of it if we don't who will thank you everybody for watching and we'll see next week.

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Episode 245 - Securing The Goods!

TechtalkRadio

49:36 min | 1 year ago

Episode 245 - Securing The Goods!

"The following program is produced by the talk radio network St. right? You're listening to talk radio. Yeah. Some long that light. Yeah. I guess that was it. All right. Right. Let's go with it. I love it. I'll say it anyway. I this is Steven Reid. And you're listening to tech talk radio, but you know I've already been saying. This is tech talk radio. I'm Andy Taylor. And I'm Justin lemme. We are the show that talks about computers technology, and how it encompasses our lives. I mean from everything from a computer games to home automation to your vehicles that you drive, everything in between your mobile device. Everything in between. Yeah. Yeah. Now, you mentioned home automation. I know that you have actually just gotten started on a new project. You know, we've been following your projects from the three D printing, and you've been having a lot of fun with that. And then, you know, Justin calls me the other day and says, oh my gosh. I'm having so much fun with this. I've been playing around with this you when you were here a couple of weeks ago, you never even told me that you were working on this and next thing, and you're like just crazy about this. You said, I want to get the c o the company. I want to get the founder and I wanna I wanna talk to him. I want to tell him I want to tell them how much love is product. And I want our listeners Sonora about what it is. So, so tell us what you been doing. Okay. So Andy, I didn't tell you this. But okay. So here's the thing, I've been, I've been working on a home automation is a lot of our listeners already. No, I have home assistant, which I initially had, and then I gave up on because it was just too much of the programming side of thing. Right. Didn't I wanted more of a user friendly what did what did you move in? When you went away from home assistant, I moved over to wink, and that was a big mistake, Lee. I got a wink hub. And so we're kind of left with, like, one major player out there, which is Samsung smart things. Yeah. And then if you want to get into the tinkering side of things you're to want to go with home assistant. So I decided to go back to home assistant since I already had the raspberry pi I already had the Z wave controller USB stick that you plug into the raspberry. Pi already had all that setup. And thankfully, when I went back to home assistant, they had released the new loveless UI. So there was more of a user interface for home assistant that made it a lot easier to configure things, and get things up and running now I got all my stuff up and running. But there was one thing that always remained on my mind. That was my pre wired alarm system in the us. Now, a lot of homes have the pre wired alarm system. I've got one yet you got one and, and there's so many people to have them. But there's not a lot of people anymore that actually want to. To pay the, the thirty to forty to fifty dollars a month to have it monitored by a monitoring service. So I disconnected, my, my home, my home security system, but I always wanted something and I, I did look into this about a year and a half ago about something that could interface with my standard Honeywell. What do you call it the brain the of the system and to make it smart? And I did find something, but then it didn't quite seem to want to work. I never bought it, but I was like this looks like too much trouble. And then all of a sudden one day recently, I'm on Facebook and I see this ad for this, this, this product called connected. And, you know, I usually scroll right by all the ads on Facebook, but this one caught my eye, and I'm like, wait a second. Hold on. So I went back and I watched the little video, you know. And, and I was like, wait this. This might be the answer to my problem, you know, I really want to get this going again, but I want to be able to. Monitor my own security system, and have it smart where I can arm it disarm. It I can have it automated. So that way as soon as I walk in the door at automatically disarms, the, you know, all that kind of good stuff and the Bill, the plus side to this would be that it would use your current wiring for all the, the monitors that leg the doors the whole bit. Yeah. Everything is it? Basically turns your dumb alarm system into a smart alarm system. So, again, the product was called connected with a K, and I wanted to head I bought it now here's the thing, you don't know, Andy, I actually bought it the morning that I left as soon as I got from Tucson as soon as I got into the airport. No, no, seriously. As soon as I got into the airport, I'm waiting for my flight to go back home to Denver. And I'm browsing Facebook and here's another ad for connected. And it says Father's Day sale, and I'm like, all right. You know what I'm gonna do it. So I went ahead. I bought it annually. I got it. I got it here. I opened it up. I watched the video fr. From from Nate, who is the CEO of connected. I watched his video about how connected up and I got it working with home assistant, and it was not that hard right now, I'm currently at the phase where I need to like, kind of program it to kind of get it to be more automated. But at least it's recognizing all of my sensors, it's working and I'm extremely pleased with this product and like I said, or like you said, I really wanted to get Nate on the phone, and we actually have Nate on the phone right now. The founder and CEO of connected, how's it going? It's going great. Thanks for having me, guys. Thanks for coming on the show. You know, just talking about this and the first thing that had me like a little, like, Ooh, I don't know is talking about raspberry pi integration. Now Justin, you've talked about a home assistant, and how really with this new user interfaces easy to use. Was that something that maybe you know a year and a half ago that connected may have had a harder time getting out there because that raspberry? Pipe portion wasn't as easy to interface and easy to use. That's a good question to be honest so connected, when I set out to build this, I, I didn't want to reinvent a whole new closed, you know, alarm system. Right. So my, my intention was to make it integrate with popular home automation platforms that already do great things like home. Assistant actually, our first integration was with smart things so connected now works with smart things home assistant habitat and open have their so four different home automation framework, set. It can interface with for listeners out there that have had a home monitoring before, and then they, they decide, well, you know what I'm gonna I don't wanna pay this monthly fee. And that's I'm sure you get a lot of the customers that that jumped onto connected that say, you know what? I didn't like the monthly fees. You know, we, we don't like paying for cable. We don't like paying for telephone and suddenly, now there's a security Bill that Bill paying for. With the connected system. They buy the system. What is really the difference between this and say, like simply safe? We've seen the ads for that. How is that different from what connected is offering? Most of my customers, find us because they wanna make use of the wired alarm system that's already in their house, but they don't want to be locked into a three year contract or pay forty fifty dollars a month monthly fee. I mean that's the same motivation that I had when I built this for myself, you know, a couple of years ago was that I wanted to be able to monitor and control my alarm system. But I didn't wanna pay monthly fee for and I realized you know, I already have this thing in my pocket. With me twenty four seven my smartphone. And so there's no reason why I can't shouldn't be able to get notifications on my phone when something is going on in my house, in and deal with it myself. So that's that was kind of the motivation behind it, and still like the bread and butter butter of our customers. Why is connected better than something like? Simply safe, for example. Well, simply safe for two reasons, simply safe is, is kind of is, is built as a security system. And if you're thinking, just in the context of protecting my home than I think, simply safe is a great product. I think the, you know, the ring alarm system is a great product, but a couple of things that are different about it one, it's going to require you to replace all of the sensors on all your doors and windows in motion sensors etcetera, and that can get really pricey if you have a large house, or out of sensors, and it doesn't really make a lot of financial sense. If your home is already pre wired for those sensors, and then Secondly, we're making use of these sensors for automation purposes, as well as security, and this is, you know, something that I realized early on when doing this is that the, the security system sensors that are in your doors and windows in the motion sensor in your living room. Like it's not doing anything for you. While you're at home enjoying your. House that you have this whole system and it's only actually being useful when you're away from your home. It's kind of protecting your house, but with connected with the integration with home assistant or smart, things or hubbub tat, you can make use of those sensors for other lifestyle. Improving aspects in actually have it. Do really cool stuff while you're living in your home, for example, you know, my living room motion sensor, when it's when it's dark outside, I late at night, and I walk into the kitchen slash living room. It it sees the motion in puts my kitchen lights on at five percent. So I don't like Steph Stefan right now. So the simple automation like that. You can you can make use of all of those sensors or another, another simple one, I'm here. I'm in Orlando, Florida. So we running the air conditioning, most of the year. Right, right. And m n we also have a pool in the backyard. So when the kids leave the sliding door open for more than five minutes, I have it. Connected with my smart thermostat. So doors open for more than five minutes, turn the air conditioning off. Right. So that saves you money to as well, as you know, improving your the your quality of life. Oh and love it. So this is doing more than that panel that we had in our house, that we might have in our home, now it, actually makes it smart. It makes it work with some of the other devices Absolut. Absolutely. I mean, it's adding life back to the wired alarm system sensors that are already in your house, and making them giving them the ability to do more than they ever could have done, even when they were brand new with connected, the first nation of your product, you would have it integrate with home assistant or smart things. But you would also you would need to utilize like a tablet or something, because it would actually replace the old keypad that was there with the alarm system. And so you would have to use maybe like a small little tablet mounted to the wall. Call or even just use your, your smartphone to do the arm in disarming, but you also just recently released a another version of connected that actually will continue to use the old keypad, if you want to use it the original product is still by far, the most popular because most people feel that, that old Lyme system is fairly outdated and, and kind of ugly, and also not very feature rich, so they disconnected it a long time ago. So the original connected alarm panel product replaces that whole thing he basically, if you watch my install video, you, you identify the wires venue, disconnect, everything. And then you plug the wires back into the connected board. And it's like a drop in replacement at it makes those Volk keypads on your walls, useless. A lot of people like to, you don't have to, but a lot of people like to replace them with a wall mounted tablet, Amazon fire tablet is the most pop. Because they're cheap and they look nice. Right. But this that gives you like a really cool touch screen full color, heads up. You know, interface to your whole smart home not just for your security system after I launched. The original connected alarm panel. We got some feedback from people who loved the idea of being able to monitoring control their home for, for free and also the integration with home automation. But for, for whatever reason they wanted to keep the, the security of their traditional alarm panel. So I live in last December. I believe we launched a new product called the connected alarm panel interface, which works similarly, but a bit different. Emit connects imperil to the existing alarm panel. So it doesn't interfere with the operation of add, it all, you still can arm disarm it using the keypads. You can still use your your monitoring service, if you want to, but it also taps into those sensors to allow them to be used at home automation him in with a few few. Tricks with with some key switches, and relay modules, and programmable outputs now this is really only for those who, who, who don't mind digging deep to the alarm panel programming, which is only for certain types of people, but, but what you, but you can configure it so that you can arm and disarm, remotely and also get notifications on your phone. If the traditional alarm has been been triggered, and I go over all of that, in my installation, demo video. I didn't start this to start a company. You could say I was bored or, or maybe like, you know, burnt out of my real job, and I, I wanted a little side project hack on my background is in software engineering. So I, I used to live in the San Francisco Bay area. We're alike industry for a decade or more. And, and, and so I set out one day, I think there were, you know, there was a little bit of their some, some break ins in our neighborhood, and I had just received a smart things hub Samsung smart-t things hub. And was trying to figure out cool things to do with it. And that was, like, you know, turning on lights and stuff automatically that's kind of neat. But I'd really love to be able to monitor my home and the house that we were renting there in the in the bay area had wired alarm system, and I called my landlord, and he's like, I don't know. You I've never used that in, in ten years to do whatever you want with it. I'm like, okay, cool. So I found a way using these, I o t chips that, that you can get readily available pretty much, and I built a software application that would interface with smart things. I actually the first integration for connected with smart things. And, and I released that code open source on guitar, which, by the way, it still is open source. So the firmware for connected is open source one hundred percent. So you can you can download it customize it. If you want to. And I and I do that. Because I think giving back to the community is important and, and being open source gonna gives some confidence that, you know, the, the code is not, you know, I'm not spying on your home or, or something like that. I posted about it in the smart, things community on get hub page, there was like links to products that you could buy on Amazon to kind of like make it yourself. But then I started getting a lot of emails from people and said, hey, Nate like this sounds awesome. And I really want to do it, but I'm not as smart as you or as talented as you or whatever. So can you just build one for me insanity on? I probably would not guy, too, but I after I get fifty or one hundred emails like that I'm like, okay, maybe there's a market here. And so the timing just kinda worked out for me pretty well, and I teamed up with an electrical engineer, and then we decided to build the hardware to make it simpler more accessible to, to somebody to, to kind of put it in their home. And then I launched that on Kickstarter at the end of twenty seventeen and that went really well, and it was a very exciting time. And that sort of that's what turned into a company that are, that are listening and thinking, well, gosh, I don't know. Is this the project, I could do have you geared this at, you know, kind of a novice to the to the expert to be able to get this installed and get it running? There's no way to get around the fact that you have to kind of figure out all the wires in your in your in your house, and take them in and plug them into the right place. You know so there's a they're a few steps involved and. And we're making iterations on the on the hardware, as well as on the software integration to make it easier. And also working on building out a program for dealers in installers, who are in the home automation, business or home security, business, or or home integrator business to be able to go into people's homes to, to sell an implement our product, we're trying to reach the mass market that way you gotta start somewhere and the early adopters have have really proven that there's a market for this. And as you guys said, like so many homes have these wired alarm systems in half of them are being used. So there definitely is a demand for it. It's a lot easier to get connected to the smart things than it is home assistant. Is that right? Yeah. That's, that's right. And that, that's where I'm also trying to make it even easier with smart things new platform that I'm sure you guys know about. But you know, they're they have a new app and things like that. So we're trying. We're making steps to make it even easier. And eventually, you will be able to use it with smart things without even needing to purchase a smart things up. You could use his STAN, standalone without the hub at all not quite there, yet, the downside of smart things for a security system perspective, is that smart things is all based is all cloud based, so all of the, the processing in the logic in the brains of the alarm system is happening on Samsung's cloud servers somewhere, and that's fine when your internet connection is working, but or but it's not so fine. If your internet goes down, or if you know occasionally, there's a smart things outage, the one of the benefits of home assistant aside, from it's amazing interoperability with so many things that you can run it yourself on a raspberry pi and keep all of the traffic local on your own land. So it reduces dependency on third party internet connection. So once again, for listeners that are, that are tuned in and thinking, one home security. I don't wanna pay a monitoring. Security company of got us smartphone. This basically turns your smartphone into that monitoring station where you can see yourself what's going on. And then be able to access some of the other smart home products, you may have within your home and be able to utilize those as well. Yeah. That's right. And then also I should mention that we also have a cool integration with a service called noon light. That's an N T and they are a kind of a new age of monitoring service for smart devices. And so if you want that monitoring for, for police or fire, I think it's actually most useful, if you can connect your smoke detectors, to your home automation, because the fire alarm goes off, and you're not home, you want the fire department to come and, and noon light will integrate with that, and works with, with connected on smart things, as well as home assistant, and how Tatton it's only ten bucks a month, which is a lot cheaper than most of the traditional monitoring services people. You can find them on the web. Noon light dot com. Where can we find connected and also a native gonna ask if somebody decides I'm going to get into this, and I've got, you know, eight different points that need to be monitored? What kind of price or they looking at to be able to really get started in this aside from them, having to buy, you know, smart things or home assistant? What kind of price that they get a look at their initial investment to get started? Yeah, that's a good question. So our website is connected dot IO. And that's connected with a K dot IO. And we sell the product in, in kits of six twelve eighteen and twenty four zones. The connected board itself supports six zones, each and that, but because it's a decentralized system, this smart home hub access the brain. You can it's infinitely expandable so you can had more boards to create to support more zones or more. Sensors in your home has a WI fi module that you plug into it, it will actually join your network. A wifi. That's right. Yeah. Each each device has its own wifi chip and radio. And then it talks to the home, automation platform directly. So if you, if you wanted to use the system I, you've gotta decide which home automation platform you wanna use. I'm smart things is most popular whole Mississippi is great hubbub, tat is, is a neat alternative to smart things who for those people who want the local control. We work with, with all all three of those and, and then then you kinda go into your alarm system panel or go around your house in count up, how many sensors you have sometimes your windows are grouped together in like one zone. That's like says kitchen windows, for example, in that works fine, if you want a separate each of the zone, so you can have like granular, individual control best, even better. But you'll you need to figure out how many zones you have, and Ben are six own kit. Like the base kit starts at eighty nine dollars retail and then twelve. Zones is one hundred thirty nine dollars. And we also have great technical support. So we do get a lot of questions. But we're happy to answer them if you don't know what you need than just right? Into tech support take a photo of your alarm system panel and right into us, and we'll be able to help gap. I noticed that you done videos, as well to really help people get through these, you've done a great job on those. They see a lot of people saying, you know, what I went to an a watched videos, and it helped me out quite a bit. I mean, that's, you know, honestly, the step-by-step is the best way, I found a learn. Yeah, I agree. I think it does seem intimidating. I know I get it. Most people aren't used to opening up a panel with full of wiring, stuff like that. It's really not a big deal. And I you know, I figured all this stuff out, so you don't have to. And then I show it to you in kind of a simple way on my YouTube videos, and I'll be making more videos, actually I just I just bought a new house, and I'm really excited to go in there. Cool start ripping apart the. The new video. That's awesome. Got my connected in the mail, and I opened it up. And I looked at it, it really wasn't bad. I watched your video. I was like, wait a second. I can do this. And yeah, sure I mean I, I actually went on the connected users group, on Facebook, and I posted a couple of questions on there. And I had the Mansa right away, and that kinda helped me on my way. So, you know, for anybody out there who might buy the connected system, and you're on Facebook, you know, there is a connected Facebook user group that will there's a lot of people on there that will that have already gone through the same things you have an figured out the answers. Great stuff Nate. Once again, that website, address connected, I own K K a Nate. Thank you so much for coming on with us in explaining a little bit about the product. I know Justin when he raves about some it's like, okay, it's gotta be good because if it got to talk about. Yeah. He will he he'll tell us if he doesn't like it, and I know he absolutely loves it. And I know there's a big conference coming up CD is that it's like all about homesick. Not mason. You're going to be out there. Correct. Yeah, that's right. CDI is a annual conference for its technology, integrators consumer electronics in home automation. It's in Denver this year in September. I'm going to be there. No. The home assistant guys, we're going to be there. We actually have booths right next to each other. So I'm looking forward to that. Great deal. We'll listen Nate great to talk to you again. Well, hopefully, we can talk to each other in another six months. We'd like to make regular on the show and talk about some of the cool things you're doing a connected. Yeah. For sure. Thank you for having me, a lot of fun. And I do have some new products coming out later this year. So we'll seek up when when I'm ready to talk about that. Absolutely sounds. Good. We'll be back with more of tech talk radio. I may Taylor. I'm Justin limit. You can find us on Facebook, Facebook dot com. Force last tech talkers will be right back. Welcome back to tech talk radio. I'm Justin lemme. I'm Andy tiller. There was really cool talking to date from connected. Absolutely. Yeah. I we, we touched on, you know, the, the different things that connected supports, you know, they, you talked about Huber tat. He talked about a smart thing Samsung smart things. He talked about home assistant, and that's where I come from the home assistant. Now if I'm looking at this just, and I'm thinking, okay, which one should I go with Samsung smart things. Or do I go with home assistant? I mean is that something I should be looking at well, you should, and it depends on how much time you have on your hands, and to be able to do the configurations that are needed. If you have if you're if you're a tinkerer and a geek, like myself, you're going to want to go with home home assistant, because you can have the extra time needed to set up home assistant, now home assistant is millions of times, more configuration than smart things. Right. You can do so much with home assistant, but it requires the time in the patients in the programming. When I say programming, I don't necessarily mean you're not gonna get down into the code. The thing is, is home. Assistant requires configuration and was smart things they've kind of taken that. And they've dumbed it down. And I'm not saying dumbed it down to be disrespectful to anybody. But they've they've made it easier so that way, people that just want to plug and play. They just want to set up the hub, they wanna turn on their light. Switch and bam. Bam, it's connected to the, the, the home automation system. I would say smart things, so then I would get if say if I did Samsung smart things get an app. Yes. And now that would control. Roll none. I know I, I have a nest thermostat and I've got your know, nest cameras. Canary cameras can all of that, pretty much work within that app. I just go ahead and set it up and say, so I don't instead of me having to pull up. Now you've saw you were at the house, like four different brands of cameras. And then I've got door locks and the whole bit instead of having to go to eat separate app. I can do it all within one, possibly, it depends. It depends on if, if a smart things are supports that particular manufacturer of the camera now again, that's really cool thing about home. Assistant is that you've got so many users out there and again, it is open source, which means anybody can contribute to the overall build of home assistant. And so you got people out there that are like yourself that may have cameras that aren't. As widely used as other people, but they're like, you know what I want my camera to be a part of home assistant. So what are they going to do? They're going to go out and write the code to integrate it with home. Assistant now home assistant. They release a new version of home assistant. Gosh, it seems like every couple of weeks releasing a new minor version of it, which includes a bunch of new updates to integrations things that'll work with home assistant and it's amazing to see how much homeless is has grown over the years. I can't say the same for smart things because I don't follow them. I'm not writing. They're not growing but I'm just saying I don't follow them as closely as I do home assist. Now. What about costs like I'm on the say the best buy website? I'll just pull that up. They've got the Samsung smart things hub controller. That's available there. I'm looking at it and it sells for about seventy dollars. There's a model for seventy dollars. And I'm sure you know there's, there's some more expensive ones. You only need one hub controller the won't one hub control because that's the brain. All right. But now compare that to say. Home assistance will kind of investments is, is need for the home assistant, so home assistant runs, traditionally it runs on raspberry pi you can run on a windows machine. However, the reason I chose raspberry pies because I want this thing to run twenty four seven and I don't want to use a lot of trinity a raspberry pi, which is a very tiny little lyrics based computer runs on SD card. Right. It runs on an SD card. Right. And the raspberry pi itself is, like thirty five bucks. Right. And then you know target was selling them for a while. Yeah, yeah. Exactly. You can a lot of different places. I got mine on Amazon for like thirty five bucks and you can buy kits that come with, like a better heat sink in a in a case for it in a better power supply. You know, things like that you can go all the way up to one hundred bucks, but honestly, you can get away with, like a forty fifty dollar raspberry pi with the memory car with a s d card. And then what you need is a z wave controller. Now, that's if you wanna use e wave. So I use the way for my light switches, so all of my life, which is in the house, they are automated. Right. I can literally just say things like you know, okay, Google, turn off the kitchen light and it will work because it's integrated with Z wave stick now the Z wave stick the USB stick that plugs into the resume pint, that's about ninety ninety five dollars. All right. That's, that's the big. Let's just say this for a hundred and thirty bucks, you can get yourself set up with everything you need for home assistant a home. Assistant itself is free. You go to home assistant. What is it? So you can you download this then to your PC, then get it all programmed, save it onto an ST card. You get a little ST card reader, those cheap, and then you would plug that into your raspberry pi, and it would do pretty much everything you needed to do. Absolutely. Now they've made it even even easier since loveless was integrated. So, again, the website for homelessness, home dash assistant dot IO, and they have an image file that you literally just download. The image you burn it directly to the SD card. Yup. Pop it in the raspberry pi, you boot up the raspberry pi and initially, I think the initial setup you have to use a keyboard, mouse and monitor that we can get into the user interface. In a sign it, an IP address, okay? Once you do that, then, the whole thing is headless headless means you don't need a monitor. You don't need a keyboard or mouse it just runs night. And then you just plug in your USB stick home assistant will automatically install it will automatically reach out to the internet, and grab all the new updates and it will just run. Nice. And like you said, you don't have to worry about power outage. The whole bay runs pretty much. No, no, no, no, no, no, no, no. Oh, wait a minute. That is the one downside of raspberry pi. Oh, that's right. I remember now. What happens when there's a power outage berry pie raspberry pies? Do not take kindly to power outages. Ray, I have learned the hard way because we were doing a lot of new construction in our neighborhood. They would have to cut the power momentarily to bring online new powers bradberry pie. Loses power. There's about a seventy five percent chance that your SD card becomes corrupted. And then you have to reinstall everything. Now again, what's what's really good about a loveless the new UI is it comes with a very easy utility to just make a snapshot of your current configuration. And then you can just use a quick, samba browser, which is just like the, the windows version of like a file explorer for a Lennox system. You can connect into your raspberry pie and you can just take those snapshots and transfer them over to your windows, computer. So that way, if you ever do have corrupted raspberry pi, you just simply, yes, it sucks. You're going to have to reinstall home assistant. But you don't have to do all that configuration again, because then you just drag that backup back. India raspberry pi. Go into home assistant and say load this backup and bam, you're back online. Now, did you have to consult any books because I know there's a a smart the book. They're smart home for dummies that everything you can find pretty much online, right? Yeah. Pretty much. Everything's on the website. I followed the website for home assistant, again home dash assistant dot IO. I also found the they have a really, really good active discord channel again. Discourse kind of like that voice chat thing. But they also use it for text chat. So they have a really active community on discord and also read it very good stuff. We could take quick break. We come back, more of tech. Talk radio is coming up next. I'm Andy Taylor. I'm just let me find this on Twitter. Send us a tweet at tech talk radio. We write back welcome back to tech talk radio. I'm Justin lemme. I'm Andy Taylor, great to have our friend of the show, Joe Blackburn from crypto coin trader to give us kind of an update what's going on in the world. Of crypto. Joe thanks for coming on the show. Andy Justin has always a pleasure to be on. And as far as you know, the, the loaded question that you, you handed me. Andy, I'll do my best with what's going on with crypto, and that's I'll just say like this. We are where we always been whether the prices up or down, or stillness volatile crazy violent market. That is, like, the, the, the most intense thing that the world's ever seen in my opinion. We're in a position right now to gain the most momentum and notoriety as far as a space, as a crypto space goes with his Facebook stuff, and we'll get into that second as Justin, you already looted to one of the questions. But, you know, it's been really wonderful last, what three or four months, the crypto winner of two thousand eighteen has settled, spring sprung. And now we are moving straightforward. It feels great shooting for the moon. Least. That's what we're hoping it before the moon. Yeah. So if people that maybe have never. Taken that step it can be a little frightening for them. But really, this could be a good time to get in right? Well, I'm always hesitant to say by now. Right. But, you know, there's never been a time to not buy in my opinion, because even at the all time high at nineteen thousand six hundred or so, you know, that, that, that price is, is relative to the way, the market was at the moment, but I don't expect us never to get back there again. Right. Even if it takes five years, ten years, you know, the people who bought their they had opportunity to, to, to average down at three thousand dollars. This January February was around that price. So, you know, if you were smart and a lot of people who got in, they never invested anything before and they went all in at one time. Right. Maybe it was only thousand dollars that they had to spend, and they, they bought it at nineteen thousand what wasn't worth very much last year right over the course of the last year. But now you've only lost half of which you had the peak. This is at the peak. There's only been two months that you've been down maybe three months that you've been down at this price, because we've seen the mar. Come back and go back all the way back down to three thousand and jump. All we back up to where we are not round now nine thousand dollars. So today it's, it's been quite a movement now at the what we're hearing a lot from now is the media is talking about suddenly Facebook is talking to get into it. And some people are saying, well, heck that'll be the death of bitcoin, because they're going to be doing their own actually. It probably could be the alternate couldn't it could be a good point. Absolutely. I'll say this. There's never been a more historically significant event for crypto than Facebook to announce the joining the club, right? I mean what is mass adoption? Is that not the epitome of mass adoption? Maybe the only rival to Facebook doing something on those lines would be Amazon. Right. Which is the largest marketplace in the world, maybe Alibaba. I mean, but that's that would be it. Facebook is the social center of the world. I don't care how big Twitter Instagram is Facebook runs everything and everything goes through them. I can tell you right now. I could not be more proud to be involved in this. Face watching someone the, the, the size and the influence, the had that has that much influence. Excuse me, that Facebook does to enter the space. There is nothing in comparison in the history of the cryptocurrency world that even comes close to this moment and keep them on to listeners. I'm not a financial adviser. I'm not giving you financial advice. Right. I gotta make sure I say that I'm a cryptocurrency enthusiasts and a social media leader. So I am a very big proponent of the space and what it has to offer, but I'm not here giving financial vice. But this is what I will say is that over the next year? I mean Facebook didn't just launch their coin. Right. Face within just launched this project. And in fact, Facebook's, I'll get to that in a second. But, but as Facebook in their influence goes, it's going to be another year until Facebook actually comes out with their product. Okay. One year. So for the next year Facebook has given credibility and legitimacy to a space, that's been only represented by this shady, alternate style of doing. Business network. Now, we're, we're being infused with all this information and all this hype from every media source from the one of the top five largest companies in the world getting involved. And so what, what's that gonna do for bitcoin? What do you guys think? Well, I want to say not only just Facebook but you've got under, you know, you, you didn't mention it, but libra Facebook's coin is backed by visa. It's backed by Uber. It's back by who else is it if you notice when I said, I'll get into that later, that's actually what I was gonna say. And then go for Joe. You're exactly right. When I get to off topic because this is a really really big question. I heard about this MasterCard Uber lift visa EBay Spotify. Queen base pay pal. I mean, all of these companies are literally involved, you can go to the Lieber website and, and they, you can scroll down that website and you can literally pull up this symbol of libra and around it like thirty major partners. And here's what's cool. And this is really plod Facebook for doing this is that even though Facebook's leading the project. They're giving up all but one vote of the thirty I believe, all but one is giving being given to these other investors. Right. So they're only gonna hold one seat on this, this libra board. Right. And it's, it's really it's an impressive. It's an impressive setup and I'm not surprised. I mean Facebook for all for good or bad. Whether you love them, or hate them. You know, the, the camera genetics Analytica stuff, etc. There's a lot of things that not like everybody's still using them now. Absolutely. I want to answer your question Joe because you said what? What do you think is gonna do for bitcoin? Honestly, think this is going to be great for bitcoin for the reasons that you stated, it's going to bring awareness, it's going to bring people that are gonna be curious about what is this? I've heard of bitcoin, but I've never really been into it. So now, people are going to start reading more about bitcoin, the creditor credibility back to. But now there's one thing to be said about the Lieber coin is that it's considered to be what they call is stable, coin. Which means it's backed one to one to fiancee's. Is that correct? Fiat means traditional currency. Is that correct Sherm? Exactly. Right. So you can't really just invest in Lieber coin like you would invest in bitcoin, or light coin or a theory, you can't invest in Lieber, coin and be like, hey, I'm gonna make a bunch of money. No. Because it's always going to be the same value matter where you go. It's just going to be a different means of making purchases through the Facebook marketplace, or wherever they might take it from there. But it's always going to be backed by. By traditional currency in this from what I understand Joe. This is one of those things where we're going to see areas that maybe are not able to get online and purchase things. This will make it possible for even third world countries to be able to get stuff that they want to do using their cryptocurrency. Exactly. Now again, there's still a lot that we don't know yet, right? Yeah. I'm I'm still soaking in information. I'm getting a lot of my information from comments and explanations from people who sometimes smarter than me sometimes not. Right. And so, you know, I'm trying to China filter through what is the right interpretation of the way things are written. So this is subject to change obviously. But as Justin alluded to it is going to be pegged, as a stable, coin. But here, here's the here's here's how I understand it is that it's going to be a, a pot of major currencies. Right. The US dollar, the yen, the euro, etc. All thrown in one. I guess, averaged out to what that might be value is right. But this is what interests. Isn't that what bitcoin trades off of all the time, you know, at some point, bitcoin is gonna stop changing prices, and it's going to be the US dollar that fluctuates right? Or is it already doing that? So that's. Zoo, blew my mind there. The same thing can be said about LeBron. I do expect that maybe to be the, the, the trading pairs that go back and forth. At some point if as book allows it the like you said, it's at the early stages right now. We're not gonna see this til til next year really, if listeners to kind of keep up is this stuff that they're going to be talking about on the Facebook group, for sure. Yes, there's no two people. People. I mean it's not just me either. I mean this is going to be a hot topic for the next year. I'm actually really excited about having a lot of material that this is going to bring me right? I'm sure you guys will be able to relate to that as maybe the interest picks up too, because this should bring a tremendous wave of new interest financing, which is the world's largest crypto exchange has announced that they are going to stop, serving US customers. Well, that was a huge shock to the crypto community because everybody not everybody. A lot of people used by Nance, if you're wanting to trade crypto in the US, I've heard conflicting stories though that sees e who is. That's his Twitter handle CC lose the cameras exact name, but he's, he's the CEO of finance. Yeah. He said that. Hey, don't worry, we're going to be releasing a US only version of binary ans- for just the US customers. Can you can you talk a little about that the here my thoughts my basic and just my, my four. Level of what I believe the US is changing their laws, and they're going to accommodate the crypto investor, right? But that also means that anybody serving the US customers going be held accountable, finance doesn't need the US customer. They just don't. Right. Sure it's in there. I don't care if they're telling you that they're going to have a US exchange or not. Maybe they will. But to me, regardless, if even if they were going to, I would say that, just so I could like kind of be like look is this is how it is. We'll get to you soon. Don't worry, and if it doesn't work. I'd be like look the laws, wouldn't let me whatever. So CC's kind of like hedging his bets here and not having to take a whole bunch of heat because he doesn't want to comply with the US standards. I mean, I'm not mad at them. I get it or not. But I wear where else might going to trade, you know, well, bitchy six, you know, I mean Beatrix is based out of San Francisco, and it's I believe San Francisco, California. And that's my first exchange that's exchange of choice. That was that was the one, I did I and then I moved over to buy Nance, because Sharon, I came about why it was something I, I guess, I didn't like the layout of bit tricks or something like that. I can't remember what it was, but. Yeah, geriatrics. Finance has a lot more coins to absolutely. And I know that coin base really is coming up. I mean, they're, they're releasing more and more coins that they're able to trade with. I mean they're still way behind everybody else. But if you're looking to trade, the big five, I guess, you could say now instead of the big three the big five you could you could just stick with coin bass bass pro now somebody Joe that you think maybe it was on the fence about. Maybe I'll I, I want to do this. I wanna go ahead and take a look at, at bitcoin or theorem. Do you think maybe they might say I'm going to wait to see what Facebook does, is that something that people should be concerned with, because we want them to go ahead and take a look at some of these others. Yeah. I mean, look, I can't make the decision for anybody. And I face this question all the time, too. And it's a it's a great way to, to say that, because that is the average. That's the average Americans interpretation of tech. They, they wait till it safe. Right. And the thing about bitcoin has been it's rewarded you for being really stupid and unsure and not caring about it, you know, and it's contra and it's, it's almost unnatural for us in the way that we've been used to watching, you know, tech companies, you know, grow up and you could still make money off of off of apple just a year ago. Right. Or two years ago. Right. I mean these were used to a growing economy, where safe is normal, and being sure is expected, so I don't blame. The average American for being unsure about bitcoin. And I tell people if you aren't prepared to watch your portfolio dropped by half in a week, then not be able to just not sell than don't do it, like this is like gambling money, almost. Right. It's not gambling in my opinion, because I'm so sure of the space, I believe in bitcoin, I believe in the decentralized, ju- decentralize aspect of what we stand for as a community and although not everything's decentralized. I love what we stand for. It's a revolution. It to me. I can get him deeper and say humanities last chance. I take power back. Joe afford listeners. Wanna get more information about a crypto coin trader of, honestly, the best thing to do is really is Jill phone at your Facebook. Correct. Absolutely. Yes. Also website to Facebook group. I mean co-founder mind than Barlow, we started the group, obviously, there's really strong personalities and they're like Todd and everybody else leaders in inside the group. But Asha, of course. Yes. And I mean I could go on there's numerous too many too many mentioned, unfortunately, but yes. Crippled coin trader correct? Crypto space, coin space, Reiter, crypto coin traders, the name of our Facebook group hundred fifteen thousand people we do vet our members. So that if you come in, and you requested, join, and make sure you that you answer the questions we expect you to have a Facebook profile over your old. If you don't you can reach out to me, personally. And, and we can we can make some exceptions, you know, here and there, but, but that was a great place to start. And you know, in two I wanted to say one more thing. Any really didn't really answer your question. Well, so there's this last sentence, I wanna I wanna make is that, you know, is it a good time to inter bitcoin, I always think it's a good time to enter bitcoin, because I don't think we've ever gotten close to, to the potential of what bitcoins value in US dollar will be right. So I don't think it's ever bad time to enter. It just may not be the best time that you could possibly make right? You could wait. Sure. But I remember in. Here's my here's my example. I remember buying bitcoin at seven hundred dollars or eight hundred dollars and hoping to, like, maybe I should wait till seven hundred and fifty before you know it, it's nine hundred. Right. I've had the exact opposite where I'm like, oh, I better buy it right now because it's. Into one thousand bucks. And before you know it, it's seven hundred dollars. And I would I bought it at eight fifty as bitcoin was crossing over nine thousand dollars as everybody knows there's eight decimal places, or skimming eight zeros behind one bitcoin. Right. So one bitcoin point zero zero zero zero zero zero zero. Right. Right. And so now wants the Toshi, which is the lowest denominator of or denomination, excuse me. My mass, not great of a of a bitcoin is now worth more than three world currencies while as ING amaze them amazing. What we tell our listeners definitely follow the group go, and sign up you to get all that information. They're gonna tell you, thank you for coming on such late notice. You know, it was like, boy, we got this news today. We heard about Facebook doing this. We said, let's reach out. Let's, let's see if you can come on. We do appreciate you coming on today. Absolutely. Andy Justin, it's, it's a pleasure as always. I've, I've enjoyed coming on your show. This is the third time now. Right. Fourth your friend of the show, and we will do that again. Really? Enjoy miami. Okay. Hey, thank you, sir. In fact, I'm packing right now as soon as we get off on the road here in a couple of hours, I right saved through. We'll be back with more of tech talk radio. Kevin up and welcome back to tech talk radio. I'm Andy Taylor. I'm Justin lemme, you find us on the web at tech talk radio dot com. Subscribe to our show. Again, our blog change the little than it went right back. Zoo working on it. We'll get that look years. Yeah, we'll get it down. I wanna make sure that we mentioned there was a notice that went out this week from the, the department of homeland security. They actually have a either security expert, and they have a whole division. And there was something they came out this past week called blue keep, and it's a vulnerability a worm -able mal wear, and it's, it's actually gotten to the point where the fed said, you know what if you're running windows and kind of a legacy version of windows, make sure you update. There was patches issued. And this is for windows, versions, seven, and before you need more impo just to a search for blue keep you'd be able to see those notices from the NSA and from DHS you'd be able to find those online. Now you've got a website of the week. It's called package tracker, and it's, it's just how it's sounds spelled except in the word tracker, there's no E at the end. So it's, it's, it's package. T R. Our kids tracker dot com. And what this is a place for you to go to track any of your packages from any of the carriers. They carry everything from USPS UPS FedEx. This is four us idiots like me who go on to track a package from FedEx, and I'm on the UPS site. Yeah. Exactly. So have you go here to this place? It's it's one place. You create an account. It's a free account, and you can type in any tracking number from any package from any of their supported carriers and you can find your package, where it's at so you don't have to worry about, like you said, do I need beyond UPS FedEx. You know it's just everything is right there. That's it for this week's tech talk radio. I'm Andy Taylor. I'm Justin lemme. Th we'll be back with more of tech talk radio next week.

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eps.004 - Samantha Radocchia Author Of Bitcoin Pizza And A Potential A.I.

Bitcoin Radio

55:32 min | 1 year ago

eps.004 - Samantha Radocchia Author Of Bitcoin Pizza And A Potential A.I.

"What's up bickering radio this. This is your host joe blackburn. You're listening to the bitcoin our and today we have special guests with us <hes> miss samantha reduc yet and she's going to be talking about what she's done the space and her accomplishments let's and her most recent book bitcoin pizza. This is actually a really interesting and fun interview for me. I got a chance to talk to samantha prior to the interview and i felt felt like there was a lot of synergy and a lot of collaborative opportunities. That's even a word but nevertheless you know. You're going to get a chance to hear that from her reasons. Why most of you listening today are going to know who i am in no me from crypto coin trader in the message that i have been speaking about for what now two and a half three years publicly so i think samantha and as she goes by sam <hes>. I think she's gonna mccowan. Bring a lot of that same sentiment but with a very unique and different perspective san has been <hes> really involved in this space now for some time. She's a co founder of her company. That will talk about. She's been a four hundred thirty more. Importantly you know she's just been at absolute jim to the space as far as you know her contributions on a social level not to mention her keynote speaker acre as well as she's an author journalist. She's written for forbes so i. I think what's what sam brings to the table. Today is a very similar experience level as some of the names of the space. You may not have heard of her. Maybe you have but i can tell you this much. It won't take you long to remember who she is. After this so without further ado come on sam. How's it going. Hey joe was a great intro. I appreciate it. I'm still getting used to doing these not live because a lot of times with my video sam like i know the person across from me and although i've got a chance to get to know you. I don't know you super well. We're not. I wouldn't say that we've been lifelong friends or anything but nevertheless i'm really grateful that you came on and i know that the audience listening today's going to really enjoy this podcast yeah. I hope so i mean thanks again for having me sure sure so most recently you know you just announced and released your book between pizza and we'll talk about the second but you've done a lot of other things in the space. Why don't you go ahead and just introduce yourself. Let everybody know who you are and you know what you've done so far yeah so i i'm kind of multifaceted. Maybe it's my eighty. Maybe just have many interests so as you mentioned <hes> co founded or founded a few companies companies in the space. I do a lot of writing and public speaking. I grew up as a gamer <hes> which is probably when when i started to get involved so back in in two thousand nine i actually was researching at virtual world called second life which some of you may be are familiar absolutely and <hes> yeah. It was just fascinated iran. This digital t shirt shop was selling digital t shirts and making linden dollars lawyers exchanging it <hes> for u._s. Dollars was really just like fascinated with these worlds so i think that's like around the time i became aware of bitcoin and you now. It's just been a journey since then absolutely and that sounds very similar to other people who've been the space who've been in one way or the next. Maybe it was gaming. I know brock pierce was doing a lot of <hes> was world war warcraft and you know it sounds very similar to what you just described but you're a gamer while like that's that's actually really awesome. I also enjoy gaming to an extent. It's something that i do obviously more so for fun whereas a hobby but <hes> you know how long how long would you say that you had been paying attention to bitcoin prior to entering you know a what i guess the the one year <hes> when i became aware of it and then you know loosely became involved in in terms of like various capacities or just like hacking on projects with people or or talking about it so i remember even like while i was still in college before i created my first company which wasn't in the bitcoin space had a friend that was making a wallet way back then that like no one was going to use so <hes> again. I mean timing. I've i've always been entrusted involved whether it's been like academic or research or just dabbling with the technology but it was in twenty fourteen actually before or that maybe two thousand twelve or two thousand thirteen when i worked on i was actually living in park city utah and i was fortunate enough. I actually like trying to get out of attack after my first company and take some time in the mountains <hes> work on ski patrol and just do something cool. Enjoy the fresh air work with explosives. I don't know do crazy seriously. We carried like bombs in backpacks it was it was very not ball. You're going to have to explain that here shortly though by either way avalanche prevention so you actually blow up the side of the mountain so that you trigger an avalanche but anyways so i was doing this. It was actually really slow season. It didn't snow much <hes> i and i was a rookie so i was doing some consulting <hes> building projects as an engineer for people in came across <hes> some some board remembers and folks from overstock dot com who had been very early in supportive in bitcoin actually accepting it <hes> and and built products then that was in the loyalty space <hes> probably like an early precursor to allali. <hes> you know that obviously had no traction way back then it was maybe more of just an experimental thing and that's when i really was like i see this. I wanna make a company in the space. <hes> teamed up with my co founders for a company called chronicle in twenty fourteen and so <hes> yeah that's probably probably when i actively start building companies in teens absolutely and so with that experience with that knowledge you've done quite a few different things including being keynote speaker <hes> in in many different places i we'll get into that too but i want to focus first on your most recent book. This is really exciting for me. I personally only have not got a chance to to read it yet but has been referred to me by several different people including rain <hes> as i know that's a mutual friend of ours and <hes> got that principle suppo- in which he wrote the book for i think just makes all the difference in what it says that you are as a person who you are. The person is in you. See the space as something that you want people to understand you want to introduce it. You want it to be explained away that you know how to relate to people so i don't want to speak for your motivations or for your <hes> your reasons for writing it but that's just what i get in the principles that i've received from knowing short time i have plus. You know knowing what my other friends upset about it but let's hear from you. Sam like what what is bitcoin pizza about and what is the inspiration behind behind this book so to answer this question in you. Were spot on with my motivation so i i think you do know me well enough. I <hes> you know the the book is a high level. Relatable ideally fun. You know it's in my my voice guide at the subtitle is the no bullshit guide to blockchain really really. I just wanted to give it spent all of this time. Both running product <hes> in a in a crypto company in then spent a lot of time building ecosystems oh systems in out with our customers and i realize redress like huge gap in knowledge in people would just jump right into like the technical details of as technology because i i do appreciate that it's very important <hes> aspect of the space but also that the social elements and the cultural elements as well so you know there are people save my parents or or friends friends of mine who live in this parallel universe and they work in normal not normal but like existing industries nearly saying what you do. Can you explain it. I totally don't understand it. <hes> and it's you know it's really for them like you know people who have heard about got it from their companies or bosses or in the mainstream media or their kids have bought bitcoin in our talking about it at a thanksgiving or something like that got and really it. The book goes into the why it's important and how the technology but the underlying social paradigm shifts are shaping <hes> the world today and how they'll shape the world in the future so it's definitely more on the <hes> you know the the goal is to bring people into the ecosystem. That doesn't necessarily mean you need to come in and build a product or or by cryptocurrency but feel welcome to participate in the conversation station or feel empowered to to know more about it. You know i on the book cover. You have obviously the name bitcoin pizza. I love it's kind of like neon lights. You know looks great eight but then underneath it the subtitle or whatever you would call the statement underneath it is the no bullshit guide blockchain as you just described. That's exactly what you're trying to do is trying to cut out all the fat try to make sure that is digestible and that the people who are reading it and the audience that that you are written as for can really relate to it and i think what you do really well better than most. I've got outta chance to speak to sam is that you're able to to relate on every level whether you're technologists or whether you're you know joe schmo right and i think that goes into what you describe about yourself in a way that you say that you're you combine the mindset of an anthropologist and it technologist. I've never heard anybody describe themselves with that by the way so not just the kind of shape who you are. I couldn't imagine anything more unique. That's perfect ed. Thank you yeah i mean it's it's been hard to find where my strengths and weaknesses like. Where do i fit and i think we all struggle with that. Were grapple with that in life. Like what are my superpowers in. How can i best use them so i found that like i have this ability to digestion synthesize like complex <hes> technological concepts and on the other hand like i i like people and understanding human behavior so i sit somewhere in the middle of it and this was the perfect the best example of being able to to use that to help our community to help people feel welcome to join it. How long did it take you to write it. It's been overall. Maybe a one and a half year to two year process which is like a lifetime. Yes it's it didn't i would. I started like writing it two years ago. There was just this idea it was you know i had created this glossary of terminology that in like commits and and things that were specific to the crypto and blockchain space so terms like to the moon or lambo or lamborghini or like what are the significance of these things. Why are they help. People saying this yeah exactly and it was kind of a joke. It was like the idea of the book. I just want to speak like this fun. Illustrated needed gloss but in talking to people <hes> the feedback i got from that was that you know these are great and you should definitely <hes> include like there is a glossary glossary in it's alive glossary in you know you can get to it from the book and its throughout the book but <hes> the feedback was that it might not be relatable enough to people who are new to the space like if you're just reading these terms you're like the aid is ease of crypto <hes> so i expanded the concept into <hes> more of a narrative that makes complete sense <hes> one one of my favorite articles because you're not just an author your journalists as i alluded to you've written for forbes you written for numerous respectable and really well well known outlets and <hes> the the one that you wrote in april of two thousand nineteen. I think this might have even been afford article. I can't you can correct me if i'm wrong <hes> but the presenting eating blockchain without being boring in that kind of coincides. I think a lot with like what you're you're what you meant with the book bickering pizza and you brought up four main points in this you know as i read them because i read the whole article. This is just the full four ballpoint since spoiler alert unless you haven't read the article your about to find out what it says but there's a lot of context and there to suggest that you read but <hes> the the four points or this is number one switcher styles number to wake sites you about this <hes> three. Don't over rehearse and four. Keep your ego out out of it. <hes> as i read this. I finished the last point and i said you know what that's not just in bitcoin. That's in every presentation i ever personally. I should take that advice but it is especially true true and the blockchain space because your audience is very different the what they care about is very different at times and knowing your audience whether it's thirty people three thousand which i know you've spoken in front of both <hes> you know there's there's just so much simplicity and what you wrote in that and so i guess like that that mindset that you have sam like eight carries over in your writings that you you're pretty consistent all this. I try to be really respectable but we can kind of move pass a little bit. Let's go back a little bit. You talk about your your pass. You know and stuff and you know. You said you got two brothers. You're gamer <hes>. Let's hear that transition that allowed you to start thinking a little bit more <hes> i would almost call it freely because blockchain and and technology analogy all of the go hand-in-hand. There's a lot of people technology and that are technologists even care about bitcoin right. I mean like they're literally like okay. Bickering whatever or bitcoin's a scam or bitcoin will never last us. What made it different for you. I think that again this is like kind of the unique perspective that i've i've approached things from is not just digging into the technology and and understanding why the technology or game theory of economics like you know why that's important. It's been more of the high level social all or socio cultural and geopolitical shifts that are occurring in these they started occurring because if you look at the history of cryptography cryptocurrencies currency's bitcoin i mean there were numerous other attempts since the seventies before bitcoin necessarily new from the technological perspective but for me it was what are all of these other factors that are leading up in converging at this moment in time you know before saotome she's white paper in two thousand eight with the global financial crisis with all of these things and then the convergence of all of these other technologies in automation and the changing you know future of work in future future of production like they're all these things happening in accelerating at a rate like a totally unprecedented rate in the only times we've seen that before in history was like like the agrarian revolution when we like stopped being nomadic and started recording stuff on a ledger in farming or the industrial revolution or the the mobile in networking internet revolution and so to me technology aside but if you really start to unpack the underlying values the shift from centralized systems to open or decentralized systems is a much bigger shift in starting with again the open source movement and open innovation movements and so like to me. That's an inevitability. That's already well underway in happening. The world is changing place. We are more connected than ever. Are we have these globalized. Networks globalized supply chains. The borders on a map in nation states are no longer as relevant as they once were and now we have have these trust gaps so like something needs to to fill them and i think this technology is like the perfect manifestation of that so yeah. That's why i'm in this space. It's like once once you once it it clicks for you and you really kind of understand how big this is and like we're talking about the nature of money which is the nature of everything and governance in the way that people have exchanged and organiz not just financially. I mean that's a big concept and it's really hard to walk away from it once. Do you get involved as the rabbit hole for sure. You know i think back to the some of my motivations and most of mine was financial driven. When i first got into crypto bitcoin coin <hes> specifically bitcoin it was because i thought it might go up one day. I'm not ashamed of that and i think most people who are honest with themselves the majority of people in bitcoin crypto. I'm talking about at anybody who's bought it who has been involved. Whether you're who's building the greatest watching project on earth you know the the the financial potential of of gain gene was what motivated me and i think that resonates with a lot of people now i will say though the ability for me to conceptualize this bigger than just i can make some money off of it came came from and this is kind of weird but i don't care what anybody says. I'm a huge star trek. The next generation fan jumping picard is probably the ultimate hero on <hes> on fictional characters at least patrick stewart's mind fictional hero right and picard is my fiction but regardless star trek. The next generation is probably one of the most incredible experiences i had as a young adult i should i say growing up through college when i first started watching it at late late at night when it was on like b._b._c. or whatever it was <hes> and i started seeing that you know the way that people interact in the future it allowed me to think that hey three hundred four hundred thousand years from now things are going to be so much different and think about literally how small minded we can even the most progressive and even at times liberal person can have have issues with conceptualizing that this is going to all change that we're all going to be in a different spot that hopefully humanity is able to to to band together at some point i expect them to maybe we'll never be relevant in one day in two thousand years who knows maybe everything's everything's just been so perfected and we have robots we have a._i. That just runs our lives forests and we're living in some a._i. World you know but it's an enjoyable one. Hopefully you know or the opposite happens and terminator hitter shows up and tries to kill everybody <hes> but nevertheless that was kind of like what allowed me to even conceptualize this like most people that were in early enough had some sort of realization in moment where it was like this event or this sequence of events is what allowed me to conceptualize this on higher level. I come from sort of a similar area. I mean i'm like a huge science fiction particularly utopian and dystopia and gosh literature not so i'd talking besides anther apology by other major was in my focus was in an utopian literature and science fiction like television and media so i mean if we're talking like the the matrix or equilibrium or gatica or all of these movies those were like you know or something like the diamond age or like these novels i just like the grew up totally fascinated with the fact that there were from the futurists perspective like this was in an ability but there there's always a crossroads right in you could utopias were so they're kind of boring because they're it's so easy. Everything's perfect but nothing really happens. So of course we've seen more dystopia as in like we can see a lot of this also playing out over the years or even in our present life with a surveillance capitalism in in wielding these tools in the wrong way so for me i i feel like very strong responsibility <hes> in that we're building the future and we have the power to build this. We're building the president as well and we have these amazing technologies than we should use it for the better and i think any inflection point in human history. There are a lot of you know that's where we can make these decisions and so that was like another motivation for you're both getting involved in the space to staying involved in the space beyond just speculation in money <hes> in three writing the book in bringing more people into the space. We need to work together. <hes> you know hopefully not too like automate all of our jobs in hopefully not destroy our planet in just build spaceships so we can go live on and leave everyone else down here to suffer. <hes> you know regardless of what's going on. I think that's why i'm so fascinated with these technologies allergies in particular for sure for sure okay so let me ask you. This is a little off topic but in a thousand years what's more what's more likely a utopia or a dystopia on a on a mass scale i mean i think it's it depends where you are. If we're a bunch of you know even if it's people on spaceships or uploaded consciousness into into robots that live on spaceships that are living in some matrix like simulation. We've last through the universe in our mining asteroids. I don't now whether that's utopian or dystopia. Maybe everything the system is perfect and you know we're we're sending bitcoin across laser beams through space like that's that's cool. <hes> i think i would be kinda. That'd be really cool by the way i do value the human race in physicality <hes> <hes> in our planet and nature and my hope is that for the people who are still here on this planet because i mean i do spend a lot of time with like these extreme futurists that are you know three d. printing spaceships in space as we speak like really intense stuff. That's happening right now. <hes> in the argument there is like okay well. We're already thinking of her exit. Strategy forgetting about everything. That's happening down here on the planet. <hes> i hope that with these technologies we can create more sustainable and not just in terms of environmental sustainability but financial sustainability pretty more sustainable equitable businesses or systems are inclusive system for people so that we do move more towards <hes> not fully utopian indian but certainly closer to that vision where we're living <hes> you know in in some sort of empowered harmony. We're not naive as a person so it's not a realistic about the chances of that happening and i don't know but i it. It's fascinating to see how many people really do believe that <hes> we can make a significantly positive change in that encourages me to stay in the space okay so i agree industry in some respects but this is what i'll say the moment that the replicator from star trek actually exists it changes is the world's view on everything right and that will happen. I i have hopes don't necessarily live realistically in my own mind right. I do try to present myself as is realistic but now that we're talking about star trek. This is my favorite topic on earth. I won't talk about any more promised sambat <hes> but once once we get the replicator up and going you can have a replicator in locator allows you to replicate everything from a hot bowl of soup to <hes> to <hes> to you know a a shirt or <hes> whatever whatever you wanna replicate. It's just literally like this is what it is. It takes all the molecules collect them from space and puts them into the replicator in boom. You got a hot cup of tea as john corrupts favorite drink is would be no but with. I do have the transporters which then disintegrates you essentially and then put you back together at the next transporters. Stop i see yes. I highly encourage you to watch it a little bit outdated as far as graphics but the lessons <music> are eternally lasting definitely. Thank you for the recommendation. You got it all right anyways. We can move on from star trek but agreed on the the overall the concept. I think we share a lot of the same interest level on that. You know whether it be t._v. Show jericho which i grew. I grew up watching that <hes> all the way to you know whatever's out next year. You know there's a lot of things coming up all right so moving on. Let me ask you. This question. Sam is what do you think that finding moment and cryptocurrency has already happened or or do you think the block chain crypto bitcoin whatever or do you think that's yet to come something. Libra and i know that you had done some work in lebron. That's kind of why brought it up. But would you say even if that's the defining moment the creation of lebron you know that's a tough one. I have very very bad binion's on. I know on libra. I initially was like this is terrible. This is the worst thing ever we have this permission network with large companies that are maybe not to be trusted on the privacy z. Side note operators you have privileged access <hes> kind of goes against some of the underlying principles on the flip side a lot. The people you know have the feedback. This is great for the space. It's bringing more awareness certainly on the u._s. Side it's pushing the regulators to actually talk about stuff. <hes> which we you know we all need to move more quickly on that. <hes> from the the u._s. is perspective <hes> or at least provide some guidance so we can continue to innovate but i've yeah i've spoken to people i'm giving this talk in brazil and i was introduced to people who are working with venezuelan refugees are living on the border on the brazilian side. They overwhelmingly are in support of an excited for for libra and so for them. They're back was like well. You know facebook mastercard and some of these other players. Are we trust them more than we trust our government government so it's a winning situation compared to what is <hes> and so it kind of it changed my perspective a little bit. I you know i'd still feel the way i originally felt about it. I hope that you know bitcoin that that wins out in the long run and i believe that it will <hes> but in terms of something that facebook is really good at doing is creating a seamless <unk> in almost invisible user experience which you know it's still quite clunky in respect to some of the other tooling but again. It's getting better every day. Yesterday i sent an invoice using oh you know using a product yielded actually <hes> you know four to sell some copies of my book for bitcoin that was totally seamless integrated with my quickbooks slegers. It's amazing and that's been over the past year or two where we've really started to like up. Anti so question is the moment home. It has the moment passed. No i think were were in it right now. I think the next couple of years are going to be wild. <hes> you know we're seeing institutional. Institutional players get involved. Were seeing the media and not just in this way where the media was bill an ising crypto or saying. They're a bunch of i._c._o. Scams or that. It's volatile volatile asset like we're actually seeing i on the global scale like examples of market manipulation or currency manipulation. We're seeing currencies collapsed and not the the slight scary you know. Doomsday scenario is but george either actually the areas where there's a ton of like it's ripe for adoption and an innovation and building this infrastructure from the ground up so i think dot moment is here. It's happening. It's it's really exciting. Okay so you know i listen to you sam like you're. You're really you're really well put together when you talk about the stuff is clearly something that you've thought a lot about you think at a high level again. Can you explain it very <hes> realistically though and i think this is maybe the anthropologist knew that so you know that you have as we alluded to earlier that you have such a desire to find out some all of these <hes> inner workings and how and why and maybe what's going to happen next based off of your findings but talk a little about anthropologist and you like who is that person sam like where and where does that coexist with the space that you're in right now for as long as i could remember. I've been curious person. I think when i realized i was curious about other people oh in their behavior i tried to figure out what that was originally started studying neuroscience on that level in in i was actually i have the background background in theater and film so i actually used to do some acting indoor. Have you not done like side right as you know prolific of a childhood actors brock pierce but i did some of it <hes> as a kid estevez that anyways right so he was incredible double <hes> but i think you know that just i became like really in touch with observing people in when i started directing people and just like being so fascinated like i'd sit on the subway in do these exercises were like watch people and try to write their stories and create these whole elaborate things so oh anthropology just felt natural like the form of study or ethnography is like really just observing people <hes> so honestly never. I thought that it would be relevant in my life like i did try to make it work. In terms of like studying how technology impacts people is really what was was interesting me and again this background utopian utopia as in dystopia. I i don't want to seem like a pessimistic person but like the way i you see the world or have always been more from this speculative or like tentative very tentative about technology like here. I am as a founder of these companies. They build this technology but like is it going to mass people opposite already messing up so that was the perspective where i really. I wanted to understand how the systems were impacting people on a large scale and so like in the crypto blockchain bitcoin space <hes> i think it's incredibly important the social sciences and now more people are talking about it and becoming aware of it you know early on in i'd it's fifty fifty split between the need for technical engineering and technologists unsocial engineering and social scientists <hes> because we're talking about you know the capability the technology a lot of it's already there and we'll make excuses and say it's about scale ability or infrastructure user experience like no it's also about the fact that we're talking about changing entire monetary systems or governance systems like that. That's a social effort <unk> as well and so and one that a lot of people have a vested interest in not happening to oh. Totally i mean that that's like the biggest roadblock to adoption. I'd argue 'cause the technical challenges and as a technologist in building products both as an engineer in running product or running a company like i know we all know that like there's always ways away. We can always engineer a way around or into or you know to create a solution or or the good engineers can we'll figure it out but when it comes uh-huh to social engineering i mean these thing it's so complex to balance <hes> in align incentives particularly when the current system works so well <hes> <hes> i so many people both good and bad absolutely <hes> you know there's to me while we're in like while we're in the infancy of blockchain bitcoin crypto. You know we're we're at such a precipice of you know. How are we perceived is good. Gonna come out of this. We've had a lot out of negative attention and a lot of people's you know they. They have this flavor in their mouth of you know get rich quick scheme or pyramid scheme you know with things like that connect getting a lot of attention and also also all the s._e._c. things that are coming out especially last week so these things are in the news now and they have been now for what you know three or four or five years become a lot more prevalent but you know after twenty twenty seventeen which two thousand seventeen was a very different year because it was the first year that that a lot of different coins were introduced. A lot of different projects were introduced before that we were limited. There was only a few few different projects that in especially the ones that you could actually go by or that were easily exchangeable but now look looking forward you know we're seeing the actually the implementation the businesses that are operating or businesses that have already existed implementing this blockchain technology into into things that that make our lives better and and you know this is cliche and i know a lot of people with already but i stand by the day that blockchain is <hes> is actually recognized as a credible and realistic idea. <hes> for most people is the day they have no clue that they're using it and at that point you know again. I'm not saying that i came up with that concept but that's something i absolutely believe is that i don't care how my paper works works. I don't care how visa mastercard works. Just use it and if i have to think about it it's it's more of an inconvenience. This is just regular joes talking. I mean not not a woke joe joe or wakened joe but <hes> yeah thank you <hes> i should keep you around just to make sure i said the right words by the way <hes> not that i would actually expect everybody the correct but i think it's also hashtag lay correct cash <unk> hashtag. I'll take it no and i appreciate that lisa sirven. If you're making fun of me i appreciate you. <hes> what's the word supporting me and that makes me feel stupid all right so but saying all those things i have four main pinch points that i think are going to change the way that blockchain's perceived and we talked a little about this yesterday. I think we agree on most of them but i want you to interject and tell me if you think i'm wrong if i'm missing something to write and i know the first i this is my show sam so i get the sound smart verse but you can kill me afterwards but supply chain is number one and that also goes in i would include the medical field in their supply chain voting slash government accountability we kind of just touched on that a little bit gaming which i know that you have a soft spot for gaming and <hes> the most it's obvious one and the one that we're most familiar with is the currency aspect and these four to me are what is going to propel or they're going to get stifled and it's gonna take us even longer if these sport four things aren't what's being used. I i don't see another avenue for us to take hold clearly. These are very easy. I think for blockchain to get involved in because they offer the in in my opinion of course feel free to disagree with me. I would love to get an argument. You'd be my first argument on my podcast by the way that we're gonna happen but <hes> nevertheless that's just my overall thoughts. What do you thank i. I completely agree the me iceberg so smart yeah. That's smart heat naturally. I i was having a conversation the other day in its we say the so nonchalantly like <hes> reinventing money. It's i mean that alone. If that's the thing that happens and i know a lot of people on you know kind of the maximum aside say like that's it is just the bitcoin blockchain everything else. Is you know totally but not the use case for it fine. If that's if that's really what it is reinventing you know the concept accardo point all day and make it so easy. I can't even like look. I believe i'm a maximalist when it comes to currency but everything else bitcoin can stay the hell out. You know my opinion yet so again. If that's if that's number one that's like in that was the i won and and that's what stays great. That's a massive project. That's unlocking you don't incredible value <hes> bringing in involving including tons of people who are currently locked out of traditional assistance or banking system so i think that's amazing. <hes> you know my experience in the company i cook out a twenty fourteen as in so we started with this mission of exploring nonfinancial use cases for the bitcoin blockchain way back then and and you know it's evolved into a theory of and then permission networks in you know there's all of these things that happen in the meantime <hes> yeah it's moved into you know securing the pharmaceutical supply chain so <hes> you know drugs in also the both the flow of goods in the flow of money through the supply chain so it's kind of on both both sides and i think a lot i mean i'd say that's the number to use case or at least like when i was working in the space. It was my mission to make it known that that that was the number to use case <hes> in again. Totally i think voting goes hand-in-hand with actually currency so when i think a lot when you search on like the nature of money why money exists how it exists is not you know why they're central authorities or banks or governance that are cub governments that are controlling and <hes> venue in immediately get into governance so a project that i've i'm like pretty passionate about is decreed <hes> because of the combination both of the currency consi in the governance in that and i've been you know supporting are following closely so i i mean we talk about this a little bit yesterday that that you know we're not going to see the united states even though we can today make blockchain based voting system. <hes> you know we're seeing <unk> used for the decision making processes community <hes> it. It's not the engineering challenges of why it's not being implemented. It's the social challenges like our current system works to the advantage of way too many people so the united states like hell. No that's not happening right now. I hope it does that would be a great but we'll probably as as we discussed. See it in <hes> smaller countries or countries that don't have you know as deeply of entrenched or perhaps even corrupt system where you know they're ready for that kind of change <hes> and of course yeah gaming. I agree with that. I mean that's how how i got into this space. I think this is it's natural <hes> from the n. f. t. side or you know digital assets that you know gamers. I understood this concept long before it became mainstream understand. It agreed completely. You know just thinking about this like i've been on record for one of my videos but several members but i i really it just reinforced in my thought process every time this comes comes up and it's obviously obviously it's a it's a pleasure. It's an honor to kind of hear your thoughts on it because you do bring a very broad and very i would even say is broad as it can be because because you can blanket a lot of different areas that you buy. You're also very specific in what you're talking about and it's really interesting to hear that perspective but like i said it reinforces the thought. Is that <hes> that this is humanities last chance chance to kind of take back you know not just like our money but our our individual freedoms the more that our freedoms are online and are governed by how the internet works and that's gonna continue we were only going to get deeper infuse and more reliant on the on the internet and so thus we're going to become you know way more involved just as humans humans unit and it's hard to think about my life being even more so on on the internet at some point because a lot of my life already is on the internet but flash four twenty five years from now. It's it's gonna probably double the amount out fest even possible. I can't even imagine but this might be humanity's last chance to have this opportunity saying that has to happen next year but the beginning of what bitcoin is brought blockchain this again and my personal thoughts. I don't want to put this on you salmon. I appreciate you putting up with me talking about it but <hes> but i want to see blockchain be able to take back our rights to take back our data our privacy but also our control of money of our our individual responsibility of money the you said something earlier and i agree with you for the most part but <hes> about how we're changing the way money works or kind of what we're doing is. We're going back to the way that had originally worked with goals. You know and there's a lot of ways to kind of correlate late. How gold yet go mine it. You had to put in the work yet. Find it yet. Then you had to shape it you had to put it. Make it something or you could just hand over iraq but whatever it might be you know this precious metal that we always saw as as valuable in every essentially every single civilization especially the higher civilizations whether you're in south america whether you're in europe whether are you were in china gold was valued and that's how i see bitcoin just kind of going back to its basics of current. What humans believe currency should be yeah. I a book that i totally recommend in love and i'm not sure if you've read it but if you haven't you should is called debt. The first five thousand years by one of the is that one of the star trek books no. It's actually it's cool. I didn't know this. He's an anthropologist. I cut you off. Go ahead and like stay potato organ <unk> debt the first five thousand years and it's kind of the history not necessarily money but a jet or these mechanisms of credits and debits and first of all <hes> yeah. There's a lot about gold in there but also these local currencies so whether it was you know in southern italy wheels of cheese or parmesan cheese. We're kind of the local store of value or cultures that use dried out fish in the nordic areas and so you know we had gold is kind of as universal purcell store value but then they're also i guess they're swiveling of all coins or or like currency then traded into gold. If we wanna use that analogy and you know really the point was that someone would keep these these things these objects these you know valuable items somewhere but really people they didn't ever barter they weren't like moving moving stuff around it was just you know basically alleger up credits and debits and it was all based on this kind of face-to-face trust and so yes we're moving full circle back back to a system where on a global scale so now in a globalised context not just you know in our local village <hes> we can we can do this and i think that's so powerful so incredible and to circle back to your original point that this is the last chance for humanity. I mean that's again before i even doc into the space and was still like i continued. My research was fascinated with internet privacy in governance in read a lot of the works of pen of the early high in and ears that were advocating for an open internet in that didn't happen. We failed you know i we of course we built this. You know globally connected network. It's unlocked a lot of <hes> value opportunities connection but at the same time it's kind of gone a little haywire so we have again the opportunities right now this moment in time to do it better and i just one eight. It's <music>. It puts them urgency on it like we've. We've gotta do this or else. We're going to end up in some like creepy. Token surveillance capitalist a state where every move every transaction is tracked and controls and we have you know social credit scores and reputation scores is in the autonomous vehicle makes a decision to hit me over hitting you because i bought a wine last night and you didn't like things like that like it. We could <unk> quickly. Go into you know these kind of dark realms and so. I'm happy that we're not i'm happy we have alternatives students better zetter systems <hes> and yeah i mean i totally agree with you on that point or fighting this battle together and there's a lot of us that stand by each other and you know there's a really great opportunity and i say this an brought this up to yesterday to is that were really privileged and we kind of hit on this little bit live as it as an american. You know this is the wealthiest theorist nation to ever exist. It's an it's an empire at this point and you know you can say good and bad about both sides of it but as an american you're blinded in so many different ways not you specifically but we all are blinded to the fact that there's a real world out there besides the united states of america that suffers that has a really hard time zimbabwe or you know. They had a three trillion million dollar bill everybody. That's that famous bill that we see passing around social media when it comes to you know why bitcoin should exist the example we hear about you know like a venezuela's you brought up your experience with them and talking these people. You know there's so much potential to help these people to bring a better world. You know i it's the same concept is what i tell my community and educated community brings better results to the crypto community so if i got one hundred sixteen thousand people in this group seventy five thousand eight thousand active users per month if we could just increase increase the the cognitive let me actually back up if we could just increase the basic knowledge of every individual on there and there's a lot of really high level thinking people in that group i am so uh-huh fortunate to have a relationship in a network that has helped guide me in brea build me up and support me and listen to me and want more from me but there's a lot of people in there. I don't have a lot of a foundation and they they have trouble explaining or even understanding. They're only in it for the money that what i want when it comes when i hang up my cleats from the the bitcoin join days which i hope is never until the day i die but <hes> whenever that day might come. I hope that i have left this place better than sam. I know that for a fact you've already done such and what you're doing next. You know who knows is right. Thank you i mean you couldn't. I couldn't have said it better myself. I feel i feel so deeply connected to the the mission in the community and all of the people that i've met. It's you know it's one of the best. I'm so happy that i find myself into this community like that's all i can say. I really do feel good to to do what i can do best to share knowledge and empower people with knowledge because that's the basis of everything if people feel ill-equipped. They didn't feel confident like if you get one thing out of this book i don't even care you can say this book sucks or didn't like her voice or like the i disagree with that chapter great but but if you feel confident to walk into a room with like a bunch of colleagues at work and then like you know share something from it or or say yeah i know group of work is or if you then go buy another book or cert- googling and read some medium posts about it like great. I've done my job <hes> instead to build that confidence and then share the message <hes> or even not but just feel more confident that that's what i hope to do. This is a little bit off topic but you kind of brought something up and i wanted to ask you this. Do you find like when you're explaining to people that it's best to use analogies that are relatable or do you try to stay away from analogies this. It's just a personal question so i tend to think on a a certain level of abstraction where i appreciate analogies so so even in one of my talks. I've tried to find analogy like plenty of people will will do like described how a blockchain works by comparing it to another piece of software like google document or something. I think a little more abstractly like that's a literal example. <hes> one that i use is kind of the significance of thinking about a map so like map quest was just it was solving a problem it was like making a map digital and giving you directions agents from point a. to point b. but google maks they thought differently as an open system by which companies could build on top of that. You know use that a._p._i. And build on a the data so we saw uber we saw airbnb and we saw you know all of the food delivery app so we saw this whole demand economy basically be created. That's his ten years of value a totally new business model because location data became publicly available. That's just that's a great analogy by the way yeah that's it so no. It doesn't describe how blockchain works no but it's an analogy to describe the kinds of things we can expect. I can't tell you what the business models is will be or how the world will change. I can speculate but i'm not a fortune teller but like what i can say is that it will be like that but so much bigger and so you know because that's just location data imagined that but with all data with all currency like that's pretty powerful so i like to use analogies analogies when they can be effective to elicit an an emotional response from people like that moment <hes> but not too often. I think you know sometimes you can get lost in the clouds and be like yeah cool but i still don't really understand what it is so you know i think he's gonna balance. No that was that was incredible. <hes> sam and so we've we've been running a little bit over so i won't keep you any longer. I do want to finish with some questions. I do some quick fires at the end of my podcast. I kind of warned you you <hes> ahead of time that they were coming just compared. Obviously it won't be anything. That's gonna make you look bad or that would <hes> there'd be offensive. I hope not <hes> feel free to not answer anything you don't want to but i would be matt achieve. You didn't how about that all right so we'll start with this. Have you ever been okay. Hold on everybody just for the listeners back home. We're about to wind this down the duma quickfire we do like i wanna want to give a big shout out right now to you. Sam thank you so much for joining us in. I'll say this again before we actually get off. You know your your insight the way that you communicate your insight in the way that you explain your insight is is one of god. I've never met anybody like you on this at least in my experiences. I'm not saying there aren't more like you but there's very few of them and i'm very proud and honored that you wanted to come on my show today. I i'm i mean the the pleasure is all mine joe it was. It's been a great conversation all right so let's get into the let's get into this awesome. Quick fires and again feel free not to answer it but if you don't <hes> but nevertheless here we go. Have you ever been into a really heated argument or fight onstage. While in front of a big audience wits widsom audience member or with someone other age yes fiend i every time i speak there is always that one person in in the audience who tries so hard to contradict or stump me so i do need to defend myself in those situations a heard that i don't wanna get too deep at like what was the what what is typically the way that you try to resolve. I thank them for their comment and provide gently correct them if they are mistaken it would you have you ever not gently corrected back. No i think i i mean if you're on stage and you're being being compensated to be there have to maintain a level of professional i mean i live this way in my life. I prefer if someone's getting heated. It's the best you know countermove just to to stay chilled out and let them do all the work of getting heated up like you know. Fighting back and expending energy on that is actually not the the best way to fight so wilson. I can't disagree with you but i won't always agree with you. I come from a different background. Don't hate all right. Oh that's a question. I appreciate your answer and you're right by the way next question is i'm going to change this because i i kind of forewarn you on what the next question was going to be but i'm actually going to switch it up. Okay have aliens ever visited the earth probably in the bill which the percentage of chant. What's the percent chance that that happened. That's tough. I can't put a number on that you. Could you just not going to okay. I'll just be in the middle fifty percent. That's actually a higher than expected so i'll take it but i won't hold you to that either all right moving on. What's your favorite movie of all time. <hes> well listed some now i i ah i'd say the matrix in that's pretty cliche. I i do enjoy another movie around that time. Gatica <hes> like i'm gonna talk right ethan hawke by several wears prada i just love meryl streep in that movie <unk> cheesy but being in supply chain and i did like apparel supply chain in my first company and that whole monologue she has about the seraglio in blue sweater and how significant it is and where it came from i just i i found myself in many meetings over the years about like talking about tracking thread thread inch and t shirts so you know gotta gotta say that one tune or no wrong answers and i completely agree why that would make sense all right so next one is bitcoin as a political party yes or no yes decentralization as a party included. Yes yes interesting because i agree but i think humans love to be governed and they wanna blame somebody when things go bad like a fully centralized. I know what i'm saying is very vague. Yeah i was just making a really co- comment. No i do think people like to have places or institutions russian's to a point point the finger or look to when things go wrong so. I don't think it'll be fully. I think machines could be fully uncover decentralized. They better be yeah totally if they're not wearing some trouble all right okay last question and this this is at and then we'll let you go sam again. We're really grateful for the fun and this is like the personal side. You know like let everybody know that you're real person to write but you said that you're a game in or a robot. I i did say fifty percent. I have yet to meet you in person. I'm like look if you're a lien or robot and you've made it this long. I'm sure i'm not gonna be the one to figure it out but <hes> but long long story short. That is always a possibility if you're an a._i. Even cooler i- cheers you i mean i'm just glad i got the interview. Please deny that would be actually really awesome for my record when young journey and self discovery if i find that out but if you ever decide if you actually are either of those things and you want to please come on show so we can tell everybody that would be hey. That's my request. All right and last question is since you're game was the best game of all time oh hands down each of empires oh back jack yeah sure that's what's up all right. Okay i agree with you. I mean but wouldn't you say like once. Those chico's came out. I mean they they ruined. We're talking about age of empires. I i hope photon man. I would always like roll up with lasers in destroy well it kind of made enough fun. It was just the game was over. You're chilly you win. I was gonna come back with something you just now. You just said votaw man. I will end on that. I thanks so much again. Sam that was perfect perfect answer age of empires. Everybody's gonna play you might want to. The graphics might be bad but it's worth it all right sam. Thank you again for coming on. Let's go ahead and where can everybody find jab. Let's let's hear that real quick so you can find me on twitter and instagram and all the social networks at sam rad official <hes> or are you know google me. I have a website and a blog which website called. It's samantha vernacular dot com or samrat official dot com our original regional. Actually it's original. What's up yeah so it's just your name. Obviously you have bitcoin pizzas. We we've talked about several times go. We've we've <hes> by that book at so. It's available on amazon <hes> just under bitcoin pizza search for that. If you don't prefer amazon and you want to earn some some bitcoin back with lawley i noticed it's on barnes and noble. That's pretty cool or if you wanna pay in crypto can just contact me or or buy it through my website and and we can arrange that that's amazing well so you have twitter. You have your website. You have bitcoin pizza book everybody. If you have any questions you can also ask me and i'll direct right you as well <hes> sam thanks again. It means the world <hes> it was a wonderful conversation. You know we went from age of empires to your potentially a._i. All the way back to you know the dawn of humanity like where however it started. It was a great conversation and i'm. I'm glad that me and you've got to have it likewise. Thank you so much again for having me until next time bitcoin radio you know where the cryptovest divers belongs belongs to all of us right bitcoin radio where bitcoin lives right here so next time.

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eps.062 - LIVE - Bitcoin 2020

Bitcoin Radio

25:57 min | 9 months ago

eps.062 - LIVE - Bitcoin 2020

"What's up everybody is your Banjo Joe Blackburn and? I'm here on the last Sunday evening. Twenty twenty those of you may already Monday on the other side of the world and looking forward to chatting and Bitcoin talk tonight up. Everybody's doing okay hope. Everybody's Christmas was good. Holiday season can be really busy at times very stress. Swale we have the new year coming up. I WANNA remind everybody. Don't drink and drive you super-safe too many times. We get that that facebook post or message. Your phone call. Mon are the next day after new years. And it's just it's just never a a a good thing but it. It's it's preventable. A lot of the stuff preventable folks so anyways before getting to somber for You know I I have a shout one of my good friends who passed away over the Christmas holiday and that's our Ashok has been a big influence on my childhood newsy. ESPN reporter somebody. He was my very best friend in high school and lost him to pneumonia. All things thirty four years old died on his birthday and I just reminds me that you know this. This is all this is all materialistic materialistic in so many ways folks and whatever you're doing men you know take care of yourself take care of your friends your family make sure people are are going to the hospital if they need to. Make sure that you're not doing something coming stupid. Bright too much lose too many great things happening including with Bitcoin right now you know and as the having comes up you know. I'm going to be focused. A lot of that. Twenty twenty explaining it will have some people on the show. Oh to kind of explain what what what it actually means in historically what's happened and things that have transpired through these these similar events you know through bitcoins joins history. And I think it's really important that we remind ourselves that this market is is so so so important Horton to a lot more than what we see today. There's a lot of things that will come out of the bitcoin market. A lot of great things. Mind you and you know those things are he you know it. It's like thinking about the Internet. I mean who could imagine about how important now a Lotta people predicted. That would have been that important but most people didn't have to think about it right. You didn't have to think about why you know the Internet was going to be important. I appreciate everybody's contributions to Bitcoin radio. This year I hope that everybody's is enjoyed. You know so far what we've been without put together and and be able to show I I love the responsibility and the ability to you have a small but you know I think pretty substantial influence whether it be here bitcoin radio itself or you know for talking about in just encrypt aucoin trader or the friends and family that I have a a a got into our bitcoin world and it can be very stressful as as I've noted Whether it be just the holiday season itself or you know. The price of a lot of people don't recognize that the every day ups and downs to the trader can be really really emotional and as as as irrelevant as emotion should be while trading. It doesn't mean that you're not a person right so if you're that person you know take take a step back. Take a break. I you know I mean it's that you are still a human being and not attached to these these charts. I mean I know there's people who can relate to me I I know I know and I've been that person you know. I've been that person several times and I always get a kick in the butt and be reminded and look if you wanna come on the show. We're going to do another a guest show coming up. Let me know me a message. I'll make sure that you get a spot all right so I really WanNa talk about bitcoin price. And we've done this a lot and I think it's a really relevant and an important part of the show but I see so many people doubting bitcoin right now and it's like folks. What are you doing so I put up the cinema poll and if you didn't see it and I didn't check it and over the last couple hours or so but it was overwhelmingly positive? As far as what will the price be. Ah over seven thousand or lower than seven thousand come into May and it just goes to show that the people who are speaking allowed us there's a settlement Adam at factor. Where engagement is so important on the Internet these days that if you're looking at the price of Bitcoin and you're saying saying it's too high? I'm like how how can it be too high when it's already been you know. Twenty thousand dollars almost at one point like there is no substance behind what you're saying. Difficulty and mining is obviously the initial key factor in the price of Bitcoin. But what we're going to see over time is we're we're sitting here arguing about seven thousand three years ago you would never have had this conversation. You'd never would have been like. Oh wonder if he could stay over. Seven thousand dollars in twenty twenty like people would be. You're eighty eight. You'RE NOT GONNA go back down to five hundred bucks or three hundred dollars. It's got to look at the historic chart. Oh it's going to retest this and all the while people are forgetting as usual. How relevant the chart isn't at times so tomorrow's price people don't listen to people who are telling you things that have no bearing on on reality like you can speculate it all you want? I do it all the time. I can't sit here and tell you that it's going to be twenty five thousand dollars at the end of two thousand twenty one. I can't I can assume such I can think it will but there's nobody nobody who can tell you for a fact including a manipulating well. He could say this or he or she could come up and be like. Hey I'm gonNA manipulate take the price down to one thousand and before it gets a four thousand someone comes and buys it all up and it just blocks this like WanNa be you know market dumper. I folks nobody knows what it can be. Bitcoin is for a fact the only decentralized and I say decentralized very very sternly there because it cannot be stopped it could be influenced just like everything but it cannot be stopped. It is the only decentralized monetary asset exchangeable throughout the whole world on the Internet period. Anybody telling you otherwise has no clue what they're talking about and if you don't think that there's a market in a need for that. What are you thinking who you listening listening to these people betting you know on these daily trading exchanges maxes the by bits etc.? That's fine more power to them but they do not look at anything other than the next step or the next rise that's it. They're not talking to the majority of people in Crypto they're talking to that subject of traders that are leverage trading on these Internet net gambling of bitcoin gambling sites and yes there are some very good at it. Don't get me wrong. I know people people who made a lot of money and guess what they don't talk about. You know what they do publicly they go about their business they shut up. They don't do anything stupid. They don't need to manipulate. Don't me to pretend it's just simply not in in successful people's rounds to have to pretend right they don't have to pretend they're good traders. They don't do anything they just go trade they they make their money and they wait for the next one and I think this is so important to not just like highlight but for people to really understand like who's talking to you when they write these articles and what is what is the reason you know. Let's go let's go. Let's take CNN Fox News Msnbc these are owned by people looking to make money right these these he's journalistic entities. These are not here for the goodwill of people. I mean that might be hopefully resolved. Aw some of it. But that's not why people started this business or or spinning billions of dollars to acquire. You know a news entity of some sort. They're doing it because they're gonNA make money and no matter what you say or what I say or what. We don't know what their true intentions might be. Maybe it's literally just to make money but because these things are twenty four hours a day one does does that sound like because there are constantly people watching and ratings are a huge factor in how people spend their money in advertising. You're going to get click bait style news you're going to get this lavish and exciting and over over embellished description. A to senates title just clicks and once once you click on it it doesn't matter anymore anymore like they don't care because they can show that it was read where they watched it right. It's just all about hey how many people clicked on it but I honestly you know if we if we really put the big picture of Crypto in Crypto News. It's usually bullshit. Bullshit crypto news can be the worst place to get crypto information. I mean could ongoing telegraph by the way I love coin. Telegraph Oh graph. I probably visit in the most but just because I love him doesn't mean that it's not true you know let let me let me read some of these titles okay. Today was apple may remove Queen Bases Mobile APP browser from APP store and Quinta and then underneath. There's a story right Adrian. Some didn't ski. sqi wrote this article. And you know May Apple May remove coin bases mobile APP. Okay absolutely. Is this relevant. Sure but it's a little bit misleading and it says after Google removed at their and basically civilization application location data browser Meta mask from its android application store. Apple May now force coin based removed debt browser feature from its Crypto Wallet Application Not Coin Base Folks not coin based not the actual APP coin. Base that you get on the internal browser that is used from the CRYPTO application. I I mean to me this is minimally minimally news. It's just not what it is is the same thing that you saw the same thing that I saw the same thing that we're used to and we've just been accomplished customers. There's no big deal anymore but folks it's not that big of a deal and it should indefinitely not change the price of Bitcoin. There's no reason that news right. There's changed price bitcoin. But you got a bunch of people who are relying on news to influence in exaggerate the ups and the downs so that they can make more money and the best thing we can do is stop falling prey to this. You know and this is true in both you know real life life real news etc and in the crypto world now again I like quinto graph. I don't think that the wrong Nestle for writing. That article It is relevant and they wrote it and it's and it's shaped in a way where I think the integrity of a could be a lot worse in other words like Quin base going to be removed map store all right. Guess what I'll be like. Oh Shit I'm definitely click on Matt so I appreciate that it entitled that they would get hammered afterwards but I mean there's no big deal but I also like the way to Coin Telegraph. Does they're like Their cartoonish look cartoonish. Style of of I guess picture titles you know the ones that go underneath tight. All the pictures I I think they're just cool and it's very modern. I guess in Hip But then they also had one where cleaned up to nine thousand before hits historic lows or something the lines you know Because your stock up as data shows average price never went. Barish I mean the amount of of Click Bait and I'm I'm not accusing coin. Telegraph Togo being. Click Bait and I don't want to give that impression but these titles or so well designed signed to get you to click on them okay ripple X. P. selloffs negligible says. CTO As crypto stays ninety five percent down. Now that's a pretty. You know I would say I don't have any. SEC CRYPTO MOM. Talks new rule changes in meaning for Crypto with Coin Telegraph. I mean that's a good one you know like these aren't legitimate titles and headlines But then you got. BITCOIN price could rally denying K.. Before a massive collapse massive collapse get real. We already saw massive collapse and that was from twenty thousand to three and it probably needed to happen anyways. So I don't want to bore everybody tonight and just have this mom and dad conversation with kitto about doing something wrong. I would like for people especially as a new year comes up really. Have the expectations from everything whether it be real news whether it be Coin Telegraph News or whatever that we need to be clicking on things that make sense. Don't just click the click. Because you're we're giving these people reasons that continue to make them and that goes into a psychological stand you know where people have to take responsibility for what humans are susceptible for but the advertisers was going to advertise on whatever people are checking on the most and whenever you have have a reason to do such and to make money people are going to continue to do it now. Do I think it's wrong. I mean bitcoins free market. If somebody wants to you know go on their price. That's on them at some point though folks. People are going to relies bitcoins the winner decentralized decentralized Internet money where you can do what you WanNa do in exchange with whoever you want exchange strange with without permission period and the People say oh the government cabinet will government has banned crypto and Bitcoin in China China. How many times especially cheers to China on the Chinese New Year's coming up folks whenever that is? I know it's our New Year. I don't the Chinese New Year. Actually what they actually is. It's probably months away. I have no idea. What do you want to see out of this? What do you WANNA? Let's see bitcoin mature into. What do you want to see people mature it to you? Know I mean. Do you like it when it's really exciting and crazy and things are going off the hook. I mean a lot of people will want that back. You know. They don't care about potentially losing money. They want the chance to make some money. And the risk takers and they'll take it. I'll take that risk all day. I'm sorry I don't Emma comments up folks so if you've been reading comment now been quiet. Everybody's quiet on the Sunday. Now I really do. I hope everybody is well aware that this has got. We got a great opportunity coming up. We've got a great chance to really make something special this year With with Bitcoin crypto. And you know again. This is going to be a shorter episode. So everybody's just so busy right now including me and you know I don't Wanna I don't WanNA cause jam editor and everybody else working hard. You know to have to do too too much when they got friends and family in town and it's been a really peaceful week for me. I needed some some relaxation on. Take a step back. It's kind of rejuvenate is and rechargeable batteries for me but we got North American bitcoin conference an ABC or NBC. Coming up middle January's just a few weeks away. I if you're going to that please let me know. I'm still on the fence. Fifty fifty. If I'm going to be able to go get some other obligations coming up I definitely want to be there. That's for sure Also you know Consensus yeah that's the that's the big one. That's that's our be one you know and it's right around the having folks you gotta remember. BITCOIN in price shouldn't be going down. There's no reason to do it unless you're the one selling and if you're the one selling I mean it's you're right. I can disagree with it. I can hate it. I can't tell you you're wrong. I just disagree because personally it disappoints me but you do use your progress now a couple points. I will make before closing off tonight is i. Don't think that the crypto market has matured as individuals. I think it's the exact same people I think there's a high chance of the same old people. Show him back up to join along along with the ones that are still here and the maturity always gets. How do you say cloud I guess because the immaturity will stand out because that's what people want to pay attention to people like idiots and when the human nature of entertainment these days the last decade decade and a half or so has been paid into the most crazy person that you can and look up to them in some capacity Maybe I'm the one doing it wrong right. Maybe I need to be a little bit crazier because it just gets old folks I get. I get tired of watching Kim Kardashian or or Kendall Jenner. Whoever it is that's hot these days? There's some really great people out there. People who deserve attention who are great role models and have great deals to to give to the world and pretending to want to be you know a Kylie Jenner and I have no nothing against Kylie Jenner. She's doing what was handed to her. You know I mean. She's she was born into this opportunity and Why wouldn't you take advantage of it so I'm not mad at her? I just think it's crazy that we we sit back and we say these are the people I want to look like or hang out with I. I just don't get that you know I never well. It's it's I guess I'm just to just simple when it comes to. What impresses me but getting back to you know the the main point here that I was trying to make is that in crypto people just seem to have not understood that the chances here are bigger? It's a bigger and better opportunity than we've had a long time and I really hope people take advantage of that and do things now. We'll stay that. Companies are starting to mature companies. The idea that concepts of what crypto companies Aren Aren can be has become very special. I think that there's a lot to be said about where these companies are compared to a couple years ago And you know. The expectations expectations that they have even out of themselves to be successful and these people are doing it and one of the hardest markets and see all coin. Land that is that is essentially possible and I think it's really special that you know that there's companies that are maturing and building. I don't have a lot of the same belief in to the actual chill buyer market. You know the people who are who are investing are looking to investor at that that that market has not changed yet and that will come with the actual production of product from these companies that I just referenced the ones that are doing the right things so to keep your head up folks. There is chance those people like mean you. Hopefully maybe you're the problem. Maybe it's me I don't know I doubt it I doubt it. I doubt it's anybody else. That is probably a pretty good example of what the market looks like time. So but you know. Just just the over-excitement the people who are who are sensationalist. They they don't and I'm GonNa Start Weeding Out My even within my own circles you know the sensationalist cannot live here anymore. And if you know us in sation a-list somebody who's over sensationalizing the ups and the downs for attention. Get Out of your life move on. Get him out of CRYPTO. There's there's no room for them here. People who are telling you all the things that have been proven to be false. Get him out of your wife get them out rip them out on follow them. Make a point. Don't stick around because you don't WanNa miss what he says or she says next get them out of your mark crypto life. Now get him out of your real life to but but specifically you know whenever late so we're here to talk about the people who are saying crazy things and I'll give you an example of somebody. Who does it a little bit differently? And we're very familiar with this person. And that is John McAfee. John mcvay is a over sensationalizes but he's got a point when he does it. There's a reason why he's doing things. And I actually defined him to overly sensationalized to pay attention to I think that when he says things as opposed to it. And that's the only way to get through to you is that that's what you you have to listen to it. And he is the exception not the normal aspect of the space ace but there are few can do it like John. McAfee that say things to make a point knowing that it might be over embellished or or that. It might be a little bit exaggerated and I think his his his price predictions. BITCOIN are great example. Do I personally see bitcoin. Being a million dollars in under two years I don't I don't think that's possible. I'm not saying it couldn't for sure. But I would bet against his prediction at the moment right. But that's not to say that he didn't know what he was doing when he said it and that's not to say that he actually believes in himself he may and I hope he's right shit. I'm not rooting against them. That's for damn sure. I hope this dude is right. And you're but to get back to just the core meaning of all this is that how can the space improve if the people who were sharing. That were the information that we're putting out. There isn't credible enough to literally have a conversation with somebody about yet. We're still bill on their page following them or still bringing about attention to the page where they're gonNA continue to to to receive engagement. I it doesn't make any sense folks. You GotTa Stop It. You GotTa help us stop it. It's our responsibility to take care of this space and it means a lot to me that we're able to put something a a little bit closer together of a mature at least on the surface level. Let's get some maturity In the space you know. Maybe you don't want it. Maybe you want Bitcoin up up to twenty thousand involve back down the three. You know I don't I want to go to one hundred thousand dollars and stay. I want Bitcoin to be accessible and usable win and prevent governments from suppressing or or overindulging in their own wealth at the expense of taxpayers. and that goes for everybody. You know Whether you're American whether you're Nigerian whether you're Australian or Japanese we all are humans and were very divided by very little just what they tell us to divide right anyways. Okay so I'M GONNA keep it short tonight. I said I appreciate what everybody's doing for the space especially if I know you especially we work together. I mean just want to let you know it's been fun. Great Twenty nineteen. I mean Jim. We'll be live coming up at some point this week. I know with with The first you know that kind of throws a loop and some things we will do early afternoon show but Folks be safe. Take care of yourself first. And then take care of the curve diverse secondary or thirdly you know after your family close friends and it takes all of us to make the space great it takes every one of us. We've got to set standards not just for ourselves but for the space and then we've got to follow through with them you know I don't. I don't know who the person is the right those standards. I think we can all self regulate on our own but if we really thought about right and wrong. I think we could do really good job fixing fixing that Patrick Mcclain's opponent of this himself and he's the CEO co-founder of mouse belt. They're doing some great things over there. Folks folks I get a witness and watch. These things happened on a weekly basis. I've seen success and how they've brought about you know the opportunities of their a themselves self-funding these are the types companies that I want us to myself with and I would suggest that you do the same. It's it's important to me. It's important to a lot of people. I know right the spaces. Special as humanity's last chance and a lot of ways and I don't I'm not Over embellishing when I say that I'm not exaggerating. Humanity needs an outlet to conduct without permission and any capacity. The criminals are GONNA be criminals no matter what people no matter what you know I mean I wanna say no matter what people can change obviously but rarely all right between radio it belongs to all of us take care of it happy new year.

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eps.050 - Paul O'Brien & Nick Miller - Watford Football Club

Bitcoin Radio

36:28 min | 10 months ago

eps.050 - Paul O'Brien & Nick Miller - Watford Football Club

"What is up bitcoin radio? Guess what get your man Joe Blackburn. We are here for another amazing episode of Bitcoin Radio. WCTC were bitcoin lives man. Do I have a show. Oh for you today most of you. You're aware I'm a huge sports fan. I really really love sports a lot. I'm you know from a very early age. I have you know whether it be an outdoors men whether it be going to play football game or basketball or soccer you know now as I grew up playing sports being around the The sports environment and as I got older and became less athletic as it became very clear. Clear that I was not going to be in the NFL or Major League Baseball or whatever it might have been you know. I became a spectator more than participant. And I think that goes for most of us right. If you're not. Yeah I mean I know there are some pretty tremendous athletes within the crypto community. I've met several of you but overall I think most people can relate to whether you are sportscenter or not If you're in crypto you appreciate exposure. If you're a sports fan you know what kind of stage what kind of presence sponsorships actually sleep. I mean I'll bring up the coin in the AFC deal when they sponsor one of the fights that was a huge deal for crypto. Like that was a win for blockchain in general like that was exposure. You're at a high level where people really paying attention and seeing these things. The same goes for you when I heard about the Miami Dolphins and you know obviously when I had Schwartz on from the Light Coin Foundation Foundation and he was explaining how they were getting involved as much as they could with some of these bigger names. Well today. We'll shift a little bit but we're headed across. The pond crossed crossed. The Atlantic handover to what football club with Mister Paulo. Brian the consultant Nick. Miller going to be joining US shortly. They have a special shaw special deal going on with a very important sponsor to just my near and dear heart bitcoin. I'm not joking folks. The Soto she creation himself has bitcoin on the sleeve of what football clubs soccer or football European style uniform. That is incredible. I'm so excited to be able to talk about the so. I'M GONNA bring on Paul here shortly and Nick and I'm looking forward to hearing how this all came about but think about this as a community as a as the style of like a community that exists in Crypto. I remember two years ago if something like this would have happened. Oh my gosh it would have been incredible. People Tattooing Bitcoin on themselves. Because something like this happen right and so since then you know things have kind of gotten a little bit more mature I mean I don't I don't recommend going into Tattoo. Bitcoin went on your sleeve on your skin. But I do say like to me. This is such an incredible honor to be able to watch bitcoin on the sleeve of one of the Premier League teams. This is just so cool anyways so tired of hearing me talk. Let me go ahead and bring Paul Nick on one second. Everybody Welcome to the show gentlemen. What's up Paul? What's up Nick? The Hey joe thanks have have enough air. Oh Man I am beyond grateful for the audience today. Boys like this is this is cool. I off to the audience. I want to introduce this Paul. Brian Paul is the tell me again. How do I say this commercial director at what commercial director you know I? Would you know what I was GonNa say commercial for what I. I don't know why I have that written down the commercial director so you know in in the states. We have a different way of probably saying that. We'll get to that in a minute Nick Miller. You're a great crypto supporter. But you're also the consultant as the the bitcoin acquaint crypto consultant for what for Football Club. Welcome to the show. Both you guys thank you Paul. You guys just pulled off to me. One of the biggest events in the history of crypto currency bitcoin and blockchain. So first off. I want to congratulate you. I mean I might be embellishing that but that's on a personal level. I I WANNA say thank you on behalf of the Crypto community for you to even potentially just consider let alone do this man tell me let's just start from the beginning I mean is this this is this is actually happening. Yeah each very seriously. It's been a very surreal Process it came about in China came out onto shirt sponsor so They introduced us to a welder. CRYPTO going engaged. Audience Juice So join me to go through the whole history of how it happened then moving on from there. Yeah actually. Let's actually get into you. I Paul tell us who you are where you're from what you do that case so much to wear permanently took club who we a in a in the UK saga. It's a huge pyramid of we play atop pyramids and were very successful last season. We finished eleventh. Innovate got got to FA Cup final and this year we would go new frontier so in the U. K.. You can have one one a Sponsor chest can have one on the slave so we have vivid relationship with sports. Bets started around April we met him there and then we we signed up from we saw but deal via a a gaming company but we specialize in cryptocurrency in particular bitcoin dissolving off. Known Nick for number of years now naked saw in a different world it's counties all He creates a website for us. So he's he's all tech guy and then when we went to after we did to deal spoke to nick. We had a And he was absolutely blown away but we did a deal with the crypto world so from there when it came to slave and we start to speak into sports fat about who are slave just out of a courtesy. Signed a visa company Slave Tim who earns coin game in came up with crazy idea that. Let's put bitcoin on the slave. Let's let's let's do. That's going on a slave because it makes sense for them make sense in a number of world number white. They didn't want a lot of love a price. I I just wanted to promote bitcoin and dispel love. It will come back. So how similar that is the actual way the crypto community. He's always been is that you know we can't do this without each other right and I and I have the saying and I'll probably say the end of this if it's our job to take care of the crypto verse and if we're not doing it who else else will right and I love how Tim has taken that. That embody that principle that has existed right. So I apologize. I didn't mean it in a rupture Paul ask makes sense. And so we when we went to meet some advice in Estonia or a stray but he's based in Estonia but we went over to meet him We bought nick with us. Because Nike's each West Recovers Consultant on the. Rt saw her on the website. But Let let's bring with you and then open you into. His naked was wealthy because as a token of our folks have bitcoin over dinner. Nick was jumping out of a number of. Ah Days how we can use Ship they slave partnership to to Brady maximize the effect here. Yeah exactly that you know it. It's it was almost surreal when people can fuss mentioned the state to make the fact that Football and Bitcoin to my biggest passions came together at once her and all of a sudden. It's like a birthday party as a eight year old man who's right sea level radio. I love everything digital And you know away from what case I lost big big fan site. The take things coming to get together for incredible And as I say. Surreal at at the time. But it's not through his ready happening A League football club all embracing with the centralized currency it going. NBA All brave enough pioneering Will Nestle and I think that's incredible. Will you know got sent an aside. It just shows we'll ask a new client need is infamous so taking is technology very well said Nick and two football clubs credit at the the amount of people who have taken the step. I'm I'm not aware of one right. I've seen and I mentioned on the intro. How I've seen light coin in the states you know? They actually went out of their way from the foundation very recent somewhere to bitcoin in the in the sense where you know it's gotta come from a third party. Like coin is an industry is not a business. It's not as it have accompanied right same thing obviously bitcoin. which is the you know the parent of this entire space? The DAD is the king. You know I look at you know what what is happening here with. Tim was able to do with. Quinn gaming is is been part of here And and obviously with what football clubs you know intrigue their guts as you just mentioned that is a really big deal like. There's a lot of credibility on the line line. Not just for for simple things. We're talking about a football club. That's that's that's you know in the middle of a city that's that is on the biggest stage in the world with the Premier League. It's a sports goes. I mean comparable a you know what I would say to the NFL. I mean this is a huge deal and so let's let's actually talk about Paul Real quick. How has this been received he by your by your fans by your team? Yeah offensive efficacy. Well but I think it will development here has been in the crypto wealth allowed in even now on twitter bitcoin absolutely the the mountain peak. Now saying we all want food fans of we'd fight I'm in that. I had to guard the fantastic. Yeah and we've seen it. Yeah the reaction of off advances being good Really interesting is really interested in has been equipped I weld and how many people are now getting behind us. We will of a seed so seventy the countries across the world but in the US in particular amount of avid twit come to comments on twitter or Instagram facebook. Saying about a vase they saw on Fox or someone of and how is bitcoin. Honest Labour primarily club so audience. He's huge is absolutely huge. An an ozone self from a slave. You've got the led as well you've got interview backdrops so it's not even why we're playing just wallets on the play shirts around the stadium on a match day as well. I was really privileged. You gave me a little video tour of what the studio look like and hopefully as those listening. We're actually going to have to segments to this and I was gonNA close to the end but I think it really fits in well here Wofford. Football Club is literally putting bitcoin on their sleeve folks. There's a lot to actually talk about here. And it also includes part of the where their sponsors stand in the reason why this is happening and the people who brought this to for wishing on the financial financial level who who are actually paying the bill. There's a reason why they're doing this. And if you put Bitcoin on the sleeve folks you realize that is one of the most selfless acts that in cryptocurrency cryptocurrency. They can do for everybody else now. Clearly if it goes up in price I mean that benefits everybody but it's more than that. BITCOIN is a movement. And and I'm not trying to be in any way politico or any way you know movement or revolution oriented in this conversation because I would hate to give that impression but I appreciate that that the inner self worth and I really WanNa have that conversation with those people and I think Paul you said you. We could probably make that happen after this right absolutely absolutely. That's that's very reason. Vapor is to a table and over toward it for us needs to touch that. Ms Isn't as great. As is it a bit coin. Engagement in the TIM's Of how this happened so I just wanted to do what you say on a slave. Just explain so. That's the front of our share and bats. That's why we go slave as well so That's the Bitcoin by by that right. Now I I need one will send you but if you wanted to buy one a AIDS A on if you go to w. w. w. dot what Fafsa dot com and there's an online store that those also As part of this we've created. Nick created it himself a Bitcoin a website where you could local Nancy. What what what we're doing with bitcoin? There's going to be equipped to meet up which we spoke earlier. And you'll be great if you can get up for that so just opened onto not now In May so it's going to be a conference here. There's a chance of a lot. They can do people who have bitcoin. If I you want to go now have you can get your name on the led's swelled on the guy. Coal loads we together. If I have to swim across the Atlantic Ocean and start in April. I'll be there for that conference. I'm really proud of what this does for the credibility for the exposure and obviously I'm speaking from the Bitcoin Angle. You guys have a football club to run so the sponsors all that's amazing but at the end of the day you guys got to score goals you guys gotta when you gotTa please your fans. I am here for bitcoins exposure. I enjoy the sport aspect. And obviously you have taken a very strong interest and you have been involved in in some capacity next encrypted for some time in blockchain but you know I love how credible this makes it. Think about this folks for the audience listening at home you're talking about the premier league the one of the most incredible and and not just incredible but credible leagues in all sports in the entire world. I mean really if you think about it folks. It's not I don't even know if you could compare the NFL to it. Because of how worldwide it is on a true world level this this is going to be everywhere on. TV strains on replace every time somebody from Watford scores and they raise their hand and success in career. You know like that's bitcoin on their shoulder. Right or whichever shorter was I think you know. I think the truth is zero. United Success is also bitcoin success. And and I'm on a voiceless united. They they WANNA sit there working in town and she said the exposure the bitcoin get in all over. TV channels. The newspapers social media absolutely everywhere. Greet wet every time we walk good players And Wolford applying again the biggest in the world that the Manchester United site the Tottenham Hotspur Manchester City Liverpool than in. All these games that are being played you'll be seeing not bitcoin logo that you know so so I think okay all right so Paula me. Ask you this. Obviously Waterford has players on the football club right. I mean this is a players oriented sport here so how about the players have they had. I mean sure. Obviously they've heard about this. I mean. Are there players that were already interested in Crypto or Bitcoin. You know in some capacity or is this something that's intriguing them like how what's what's their the thought process about this okay so they were players. Who are interested beforehand than his As a couple in particular their vate now a much more interested in as well cool what we learned to any of apartments here is a staff involved as well so explain your staff and the players have who bitcoin queen off We've got an Adidas American on spawners and trying to evolve stuff and applies into Mrs. Well seven. We'll be educational workshops going on with our players in the next few about bitcoin. Nevada is wow and when you are over here we might be at spring. Open you alone as well to show them in Stews and interview them as well while I know about the however writes in it but absolutely and we're not it's very similar to us Plays for every off well-tailored players who have played for some of the biggest clubs in wild road and social media following themselves as huge as us. It's not just the logistics figures and we a weak advance enough. ooh vacancies is primarily despite nine hundred ninety three countries in the world the Our social media but play a central social media and the audience is huge for this as well the plays are behind it intrigued when we first announced that we did one pace with a a lady from from the US. You have no game and she was she was with Nick. Volks flavor when one about To down in the game and she you said they could fault for fires scores. We enjoy. She'll give him half of it. quit and while we did come back and we did school by school and he was very keen to find that way. It gets healthy. bitcoins donate to charity as well. So bitcoin pizza in he is telling uh-huh alphabet going for that could be a monumental amounts of money. Absolutely I mean we're we're talking to potential half the million or so potential dollars long-term obviously that's really really a that would be a excitable and embellished number at this point but there's a mathematical formula. That could make it happen and obviously I don't. I don't want to give anybody the wrong impression about the price. But I'm obviously Bush. I'm a fan all right. So the Hornets of Watt. For Football Club. This is you know I think a really special moment in time for Bitcoin. For for for the CRYPTO space just in general to be able to have something that such a big deal it playing on the stage between Paul. Nick you guys I mean I live in the states you guys are over there in the UK as a whole. I feel like there's a lot of people in England in the UK. And specifically. I don't want to you know. Just don't want to be specific to one area but you know I. I know a lot of people from from there that That are that are already have been interested in a long time and I feel like it's been one of those countries that has promoted. I mean I think coins is out of. UK In like they they began out of the UK so or at least there. Now I know that high level Is this is this building. Are you seeing this as something that the population as a whole is starting to become more aware of or is it something there all still pushing back on I think crypt and Bitcoin in particular a deafening anthony. Growing in this country. I think it was an all school yesterday about how it was cool. How bitcoin Mugabe treated as property in this country intriguing about that message? That's what went to think. It was the crypt psychopath. Meets up. bitcoins things being discussed by the FCA The financial conduct authority H Treasury and some were prevent commingle. Nothing nothing when when he stole it to go to events like that in and you see people a backgrounds organizations looking about bitcoin. You know that this thing in my opinion hits a growing you know I think it takes a it takes a few you talk to people to hear about it before they actually start reading a little bit more into it this the first or second on they hear it that that probably hearing about some kind live Some kind of something to defame will disparage bitcoin but over time they keep on hearing again and again they hear this price May dismiss it and then they hear the price and then they dismiss it and then they say oh. It hasn't been going Bitcoin Southern the prices prices up again. So I think you know I think in the UK. Oh thank you believe that you. The U K want to make the country a hotbed of financial innovation Old Doing in terms of collaborating. You know I am bringing Bitcoin Massey's can only held up all right. So Paul off thank you. That was really good. I think introduction maybe to the culture there Paul you you kind of explained to me some of the things in some of the ways that that has planned and I don't know if this is something the jury will go into too much detail or if you've solidify for sure but you know what the hot Oh box and among the few other things that you mentioned as as possible like tell us a little bit about about how offers embracing it that way. Well Yeah. There's this stuff which is a few things are which Nikola working on and so I can't be the the planet standalone you walk into a store you're going to be heavy like we've cryptocurrency Yoga and by choice at halftime with cryptocurrency. You can bet a season ticket. You'RE GONNA be out to buy hospitality. AVAST is the plan so we completely we have we. We embrace it all areas of business. bitcoin themselves As Paul Vase have evolved for bitcoin folks on on that we have a some great artwork. The bitcoin snow tomorrow is now we got a huddled huddles wilder fame which Knicks Knicks idea. That you are sized heartless famous. I will get merchandise but says some Serrano on it as well so this is a start of journey. This isn't a one year thing. Think dresses is a style of the journey with her crypt type. So yeah absolutely the and when we get you is able to show you this this this loves going on there Leo Token to a couple of from the CRYPTO weld as well. So you're hoping that we can increase it more and more from the season and build and actually you know I I have. I know some people that might be interested in. At least having that conversation with you as well pollen and one way or the next. It'd be cool to connect you. Obviously we'll talk about that at a later date but I I'm really intrigued by the scale ability of the creativeness and the like nick. I know. Obviously you're over. There at scout is the managing partner. You guys do a lot of things. You're you're clearly in tune on on the technical side and you've been very successful and the what for football club. Obviously Paul. Is your friend. Trust you a lot to be there. Lee Consultant here. But you know you you got a huge responsibility here. Like not only. Is this a cool idea. Now you've got to do something with it right and you know there's so much that can be done and there's so many ways that can be presented you you know what what is what is your thought process when you're kind of trying to the dice this up and figure out the best presentation models. It's about how how can sort of both sides benefit Talcum Wolford benefit from this news. How can in Bitcoin at decentralized thickness nothing? It is quite clear. I mean from from the commercial side in terms of how it can benefit from this. If we're talking about taking on bitcoin transactions on on the base chain but may be enlightening network or something like that than we were Jason Costs from transactional perspective if they didn't have to pay the transaction conclude on every single When when when founds paying for Paul is what they call us paying for licensing shop with Austin move this up if we can reduce the cost of transactions the club so massive benefit? So do I love that. You just said that by the way then actual use case for what Crypto Crypto blockchain. Bitcoin are going to be able to help everybody with around the world right. I mean not just like in this circumstance but around the world but you're actually trying to find and use those reasons seasons. That's that's for sure and look I. It's still very early stage in a very early but you know I think we mean pool both have have you Some grand ambitions One push the ball And and see where we can tightness in hopefully in all the clubs other organizations Denies Asians who will follow wealth. It's Leedom NECE installed seeing the real benefits of this is this. Isn't I think it's important to to to stay. It isn't just a noble tedious isn't just a kind of a fly by night saying it. It's something that we really WanNa take fullwood for Walford enter Bitcoin coin For everyone in both effectively ago head bombs are just GonNa say just Nixon Bobino vote. 'em I've a the Years as cyber ozone his business partner Mike who's a huge wealth for funding used to work it back in the day before mytalk. When we did we I still I find Mike and I said I'm sorry to say I need need need? Nate journey with us because he has the co- competence of quicktime. Which I didn't I don't you have a learning as much I can't but he's been in this world a lot longer than I have so I need him and firefighter? Maliki said yet you can have a couple of days and we agreed to tell him how long we you can have a nick foles. So He's been great for me so I'm very thankful to a naked might cub scout for letting us have him. But I think I'M GONNA go ahead sometimes Nikon. I of like I say this this kind of goes beyond just just for me You know it. It is fantastic but the I can do this as Paul of luck but but you know I think in any industry you're always going to sort of produce your best results Zain Performance as well as you can if you're doing something that you absolutely nothing you're passionate about right now I love doing See This is a chore boy. In any way I do it because you know I genuinely have a passion for this. WanNa take in. It's fantastic to see these interests industries kind of united crossing Paulsen With each other site. It's a I think it's a win win in full the Walford for bitcoin amphitheater community Yeah ended ended just just confirmed. Onsite about CRYPTO. meet up as well. We'll come we're going to have is going to be on Saturday. The seventeenth the believers of May and not thirty. Two conference is a chance for people to come Nazi fit. Lana at pitches. which were the eldest sixty six? We don't saturated six allied it's GonNa coincide with a very important day in Bitcoin No one can predict the exact date but sure our bitcoin halting is do I think either will the seventeen between seventeen twenty th of May twenty twenty twenty way. Yes Guitar. I found tastic to to to mark that date with this. You know this event the Cutting yeah so we're we're in a middle now Naked well can. We spoke about getting some guest speakers along. Knicks Discuss New to get. I think we've got some very ambitious ideas to come along as guest speakers. We're in the middle of of that. Now it could be a really good Mehtab You'll be out to go on a pitch. Today played football van Gogh and have a nice meal and listen to some good guest speakers Better way of ending the season event starts and again next year. And you could say the same about you. Know the current having rate right the current mining rate and. That's the good way to end it. I think that's incredible and well done by Jin. That's something. I cannot wait to see how it goes down and I will be I will be there right At least I if even if I have to swim I'm incoming right now. Thank you to us. Well so I just say thank you. You reached out to all south blue. It's really not speak to speak to you about in. Its eighty nine tonight that way getting traction in the US as well as an aside we we wouldn't have done it without sports bats. voted. Listen the second part of this as well. Yeah for sure. Okay so I gotTA give a shout out to also two zero. PR PR team. You know who really said I think we I think they might be interested in having this conversation nation and I think Sam Sam who's football fan and so Cheers sanfer making. This happened but all right before we before we wind this down before we get off this. There's has a couple more things I wanted to touch base on. I am going to forewarn you. I do this quick fire at the end of each episode. Where I'm going to ask some questions there? Yes or nos the lighthearted. If you don't want to answer something feel free to pass. But I love I would love to get your perspective. It's something I do with all my guests but before we get into that. What has been your favorite thing about this all like you're you've got A? You've got a really big responsibility as alluded to earlier. But what's been your favorite in most enjoyable part like have you been able to kind of relax and take this in you now. My favorite part has been. We announced this light. We didn't announce his stops did not most clubs do we wanted to guess spike Mr Game so we waited until just look now modern list where it was it was a about twelve of September. Then we played our snow and in the first guy and that evening we knew down in the guy came back through to an I came home I looked on social media and it just banned from free free everywhere now it was it was phenomenal. Phenomenal the coverage. We will get amount of people just round away with saying about houses Houses I've never heard of his bitcoin on the sleeve. All Wow whoo embracing bitcoin. It was a fantastic for May bats of enjoyed it the most of looking seen it with with growing our fan base from that. I do look to see it when we played as Bitcoin. Go off. But it doesn't seem many correlation yet but who knows who knows. Yeah Yeah Yeah. Yeah he knows but also tip martine every among now come. I'm in no stop telling me how much bitcoin gopal fallen to wait so everyone in the theme is really embrace. It from just enjoyed the right and I. I think when it gets bit caught because it's a busy time of it will sit by him will really analyze. And it's been a it's been a really cool thing to those while and fun. House Custodian last week with frontal apartments and they would just so delighted in the sponsorship they were so delighted of the Coverage Vegas in coverage of bitcoin gets. It's really nice to see a gun on the pitch hasn't been great this It's not been as as we haven't played as well as we thought we'd play. We haven't played as well as maybe we could play. But so we have to step up off a patron have had Nepal. Happy's is of Gorsuch really helpful. No look the culture within the obviously we call it soccer the football football fans the league the sponsorships herships. I mean that's very different than American culture is sports goes although I'm sure they could equally be critical in in even nasty at times they can also be really excited it and really fun and sometimes all it takes is one little change in something and hope and when you have hope that you have a lot of success in the future potentially coming. You've you got fans that are at least the patient and that's how I feel when you got a lot of people who are USA waiting on bitcoin showing up right the price to get better and so you've got people who are committed loyal and excited excited about Bitcoin and now you've got a bunch of new friends new bunch of new fans and I can't wait to see how my community especially you know as as little as it might be on the big scheme of things you know. Were I want to embrace this moment and this team and I think it's an incredible thing which you guys have done so once again Paul naked means a lot that not only would you join me but the share the story to share this journey with US look forward to watching you know the rest of the of this journey with you guys you know. Now it's something that I consider. I've got a small interest in this that. Ah That's going to grow on a day to day on a golden goal basis right when the when basis so I look forward to seeing what happens next so once again Paul. Nick thank you for being here. Thank you very Much absolutely all right now the end and this is the fun part. This is the quickfire like I said for those who my audience knows the my listeners. They know that this is coming and I asked these fun questions. Like if you don't want to answer just pass no big deal but I hope that you don't pass because that's not cool. I'm just working right and and these are of an when acknowledge this. This is of your own opinions. This has nothing to do with what further or or scout for that matter. These are Mickan just nick and Paul and I don't want to create any answers with Kinney officials statements. Not that that really matters but it may may be you guys but first and foremost favorite movie of all time. Paul you go first American beauty nick. Great movie by the way really early Shawshank redemption. Oh classic well done Sir yes both both great movies grandmothers okay. Next question aliens have they ever visited planet. Earth now gone make. Oh Man I I would actually ask you to expand but we'll move on all right. Bitcoin coin as political party. Yes or no yes in this country. Yes Sir net. Yeah definitely awesome. Awesome all right of all the things that have happened in soccer football. Are Your pin football. American soccer is a bitcoin sponsorship. The biggest and most amazing thing. That's ever happened nick. It's one of the one of Paul is certainly has been a great journey to be on. Yeah let's make it one of the best things I I look at my. You know what my answer is. That's the first time I paying attention to the Premier League to me. It's the most important and big moment in the premier league's history because it caught my attention right. I mean I think you and many others. Yeah sure I'm not sure I know through through reading three with us and not that many any in this game the whole League of new fans through through a bitcoin on this show so you know it's absolutely okay last last question. BITCOIN KENNEDY A million dollars Paul. Nick Yes yes sir all yourself. What will a million dollars is going to worth Fifteen twenty years yet show the value of a million dollars. Today's Twenty years main opening say about. We'll have the same purchasing power as it does in twenty nine. I have to agree with that Nick and you make a make up a good point you know even a thousand dollars or whatever ever number you want to put out there. The inflation the amount of times it's been printed on. That's why saving a dollar and a bank you're just GONNA get printed on top of. I mean bitcoins here. To Stay Day folks anyways it's at least here to stay on the shoulder of the great and mighty. What for Hornets again? Once so proud. I'm so grateful for your company. The guys and I'll see you soon on part two of this right. Thanks guys. Thanks very much cheers in our bitcoin. Radio had great one take care of the reverse. It belongs to us if we don't take care of it. Who will cheers?

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eps.042 - George Chisuse - Blockchain Valley CEO

Bitcoin Radio

50:55 min | 11 months ago

eps.042 - George Chisuse - Blockchain Valley CEO

"What is up bitcoin? Radio it is is your man Joe Blackburn and again pretty much still fresh from the WCC conference a whole week later. I'm still being flooded with so much stuff I mean. We haven't even got to the video content that got me and Jim had been sitting there bus in our ass trying to put that stuff together. Really I say we gem has been busting his ass putting us up together for you the WBZ audience. You know bitcoin lives right so But look today. I'm bringing on George Cheese Sue. Say who is the CEO of a project called Blockchain Valley and they are out of area. I I was introduced by Jedidiah. Taylor who is the as most of you know he is the CEO and founder of these the P and Jerus- me to the team and you know I'd seen their names. They were one of the major sponsors for the whole conference. Including you know lighting up the light coin or excuse me the Fortnight I tournament that Coin de bet working on and when I first heard about them I was like That's really interesting but what what's what's like what's what's the catch right. And I got to hang out with them. Essentially saw them every single day for at least an hour if not longer and Dan had conversations between George between Nico His wonderful wife Lena and a few other and another member of seem to you know there was a lot of it. It just pure interest I was just. I was personally intrigued. And so I finally went up there and I thought Georgia's said George who's a CEO in Nico's it goes the president one of the CO founders. Well I said George I gotTA interview them. I got an interview. You gotTa tell I gotTa tell people about this. I really enjoyed this project you know and of course you know I'm I'm still learning more and more about it. I am not affiliated. I don't own any of I don't have any affiliation with the company. Any capacity my exceptionally intrigued. With what they're trying to accomplish. But but you know this is kind of goes to my point like when I come on. BITCOIN radio what is my reason for doing this. And that is this. I want people to recognize that this space is is not only credible. It's getting more credible. And it's getting more credible by allowing people to understand what is actually happening on the ground floor of this entire revolution this movement and some of it is concept some of it. Is You know idea India. But what we've yet to really establish for the credibility that I'm speaking of is is it working. Is it doing doing what they say they're GONNA do. And there are several projects that are that are That are accomplishing these things. But the world hasn't quite taken hold of the blockchain for us to have the necessary need for the blockchain all in all. That's changing again. I think custody is the next big thing. And it's not just blockchain custody. It's I mean yes. Of course his botching custody but it's not just the coin custody it's it's you know transferring as I've noted before your mortgage over we're on the blockchain right or some sort of really important you know Just record of a movement of transaction of any type you know the accountability and the security that the blockchain is bringing to this space to not just this space to the world old is like nothing we've ever seen before it's going to make things faster easier and more common sense. Of course we don't always like commonsense alright all right but anyways I could keep talking about blockchain all day and so fortunately I have somebody else to come on. Help me talk about that. We're not just talking about blockchain. Today we're GonNa talk about Blockchain Valley. See what I did there. All right well let me bring on George. Everybody hold on one second George. I'm bringing you on what's going on man. Welcome to BITCOIN radio my friend. Hey Joel I'm great can break our human. I really want to say big big. Thank you to you for inviting me over to your channel. It's is just a tremendous tremendous owner honor for me to be on it and to greet your audience. I guys hope that you all are Degrad- yeah dude. Thanks a lot man. It's it's it goes both ways. George I have. I was blown away with some of the things that you guys are you talking about you know and so obviously I haven't been to Bulgaria to see this but you have an actual real thing going on in N. Bulgaria it's called Blockchain Valley. Obviously big shutout the Niko got to give him his respects. That's a cool dude. I had at a tremendous time hanging out with the the whole. Oh group sitting there you know whether it be one of the parties at night or I get to see the conference. It seemed like we were all standing next to each other. It's what it just felt like right and so you know through it. All what I what I figured out in the most important thing that I can relay about this whole conversation. We're about to have is that you've got something that's not just happening. It's real touch. Feel it see it. It's happening right now and you guys been doing this since June and I know that sometimes that may feel a little bit fresh and new. But it's for real and I cannot wait for everybody to hear about this all right so George before we get into the whole big things introduce yourself. Tell us who you are where you're from. What are you doing on the show right? So I'm CEO of blockchain value as you already said but how I got. Here is a lawyer and enterpreneur I'm involved in multiple businesses in the Indus Field I had to transfer to the digital world a little bit Through through evolving of course Practice because I was working with one company that was pioneering deprogramming on stadium and utilizing the smart contracts and basically programming on sleet him Bulgaria. And then it's just evolved over time because I have Rio Rio passionate about. How's the space? So we go to the next level basically bringing the physical world and the all All benefits if it's the blockchain technology into one project in we're looking forward to actually bringing blockchain into the real life of people title and this is why I'm passionate about building. Ecosystems building successful project disrupting industry disrupting the way we live and basically basically heading towards the future absolutely absolutely and so if you look on the screen obviously Let me pull that back up. I've got the website up and we'll talk a little bit more about that in a second second but you know it's a beautiful piece of land. You guys are actually building houses. You're building this community. You're building something that is a representation of the the digital community and you guys are taking that and building real life stuff with it and you know in concept especially as an American it. It sounds cool to some people but it doesn't really sound realistic. So let's even bought fall back a little bit. What's the inspiration behind building? This actual crypto community that we've heard other people have attempted or try to some capacity. But you know I've been. I was fortunate because you guys got instant credibility with me because you had Oh d. n. Jed as members of your team their advisers. And when you know when I got friends like those to do too I I respect both of them tremendously and I gotta actually say thank you. That was the first time I got to hang out with Didi person right and so i. I've been a fan of deeds in the block in the bitcoin family for some time But you guys brought him to me in Vegas Obviously there was a lot more going on than just introduction to Joe but that was amazing right but anyway getting back to the main point here is. Let's let's hear about the inspiration like what was what's the thought process. Why and how and like why like this is crazy? Is it crazy. Actually in this changing world we really really really want to have high quality of life. I believe that these are here. Comes from the constantly changing environments and both the sociological aspect. And also the nature is being destroyed and technologies keep on developing. But actually the way we live. I think that we have a LO- Lower and lower quality of life nowadays also the technology passes so this is the main inspiration basically to give all that technology can give to your day to day life and for you to be able to feel it it to explore it and to be able to also merge with the nature so we were inspired by the opportunity of of having these amazing plants right here in Bulgaria. It's it's kind of very interesting because the the plot itself it has a micro-climate and it's preserved area in terms of nature. He has endangered species birds. That they're actually eagle coming from the mountain right in front of the mountain before that. So they're all doesn't clothes. It's not closed in winter. which is Great great Great half but what I will say is that we were inspired. Firstly by the place and on the second we were inspired right by our own involvement into blockchain space and instead we are having older deuce to create a better life for all people involved and also another thing. That is quite inspirational is we. Don't really have one place to apply in real life. They tuck all the projects that are right now. Developing you know yourself that they're tremendous projects the blockchain space that are looking for real life life applications and they don't have it but they don't work at one place work from all over the world and when I met you at the conference in all the other amazing guys. It's the big shout Fujita Taylor. He he brought us to this conference. But you see see all of these guys you see them what what a couple of times a year. Sure you don't live with them. You don't cooperate with them. At the want place we want to create the space where the whole industry a culprits in terms of generating vital all together. In this. This this is one of the things as I said early on this I was very inspired. By what your words were white UNICO. Both you know the reasons why you decided to create a literal a physical a real community with real people in blockchain using real blockchain applications. Now obviously this. It doesn't just happen all at once right. You don't say hey. Let's all just live together bill. This incredible place in just used blockchain technology and figure it out as we go no obviously obviously just like anything else it takes tremendous about planning. It takes a lot of execution a lot of money right a lot of time and this is a project that overall at least I think you said stage Wa or maybe I could be wrong when I say that but I mean the first iteration of this is going to take three years to get done and that seems like a long time especially in crypto. So you know I look at you know. Traditional business traditional development. That's not a long time in fact. That's super fast. And when you look at where you're already at and we'll get to like where you guys are on your development right now. I mean this is incredible. We're just a little spoiled and blockchain but are we really. I mean who's actually doing it yet right. I mean so anyways let me let me ask you this. We'll start here George. What has been the overall goal like what? What is the goal when it comes to Blockchain valley if you could just make it simple? The goal is to create in one space where we all have high quality quality of life and to generate all the aspects of this high high quality of life so having the community technology. Oh Gee the nature and all aspects of happiness to be in one place. This is what we want to achieve. I mean that sounds pretty awesome actually read the mission statement for the audience here and before I do this. Obviously there's a lot more than just your mission statement that sums up and explains what you guys are doing all right so we'll start with this. I think it's very important part of this. That people hear what you're actually. This is the mission statement from the company itself. Like this is what as a person who's visiting them or visiting the website for the first time this is. What's the first thing they want you to take away? And I think this is really cool. Says blockchain's Valley mission that Blockchain Valley's mission is to dry the value of crypto currencies up by achieving mass adoption through real estate and community development combining extraordinary business this dynamics in blockchain innovation with a healthy nature friendly lifestyle were the community of progressive value creators thrives and generates value and common undertakings. Now George first off when I read that it was anybody else or had I never met you. I'd look at that it'd be like that's not possible like like you're crazy. What the hell are these people thinking it would blow my mind so much that I couldn't even conceptualize what you just what I just read and your company stands for and what you're trying to accomplish? I could never even conceptualize that as possible truly. So how do you guys explain this the people because clearly you're going to have people people who are questioning and I'll be honest with you know there's parts of this. I still don't understand and we're going to get into some of those questions here in a little bit but help me help me. Just break this mission statement now because frankly it's the best mission statement I've ever read in my life. You WanNa make cryptocurrencies. Go up a boom. I'm interested you want completely overhauled the whole world by allowing allowing everybody to see how this innovation use cases going to work you want everybody to work together and be happy. Holy Shit Take Care of the environment. Bom I mean it's perfect but but that's how is this possible so Joel I would like first to address your craziness statement now. It's there is a great great quote of Jack. Ma I I love the guy in a actually was I'm watching a lot of his interviews. He said that in the beginning. The founding team of Alibaba was called crazy and he said crazy is not bad we have crazy but we are not stupid. Sure we know what we're doing so I'm just addressing despite of it because It's very actually. It's very logical. We need to take all the space to be real to get real in terms of having mass adoption. We need to be able to make people see it and even if you make people to have their lives. This is this when you have mass adoption trend mm-hmm because all the abilities implementations like. Let's just list them here for real estate. which is high quality real estate built by Bulgarian companies supervised by Belgium? Quality control companies kept being all the best quality of real estate and the whole infrastructure for structure on top of it implementing the ball chain solutions for utilities for smart real estate management achievements utilizing the smart contracts ultimate all relations into the ecosystem for optimization of processes for saving the nature by bit by optimizing the use of own resources by shared economy. Actually his Shared economy which is based on the Card wear and software combined and all of these elements who had. Can we have this because we are going step by step in the development into the blockchain space. We were having the BITCOIN which served US exchange of value having the basics of the blockchain introduced. Then we had the smart contracts introduced by idiom and all the different applications that were born from it. But then what's next. Having having faster blockchain ride the third step. The third generation still coming steal not fully functional. And what's the the Force One. What what about the fall flat? It's in real life and what's what's better than Creating one place where people feel great writes would feel the technology and they'll be able to utilize it in their efforts to create successful in the takings having investors having startups having. I mean people that are into the space. The communities very very strong part of the project itself people people that We because we're selling houses right. We are sending houses to people that would love to live in such community at at this her her heart of Europe. Of course. So we have audio elements. I mean there is nothing possible about it is just a matter of time and hard. Edward broke down some houses which were just the beginning of the plot down the border and and to progress further in that but we did the first steps we structured the project structured financial modell and it looks better and better every every day. It's very very far from impossible because you know Real Estate Projects have been here for a while And for a while I mean for thousands of years and then There comes the smart houses of applications. They were here longer than the blockchain itself and then comes the book chain that forms the third layer on top of it and allows us to create the entire ecosystem and since two alternates a lot of it and to generate its own violentness. Essential part of it. Yeah and you know obviously and I think you can see it But the The video with D.. And the Promo that you guys were able to create you know with Bitcoin family and again I reference earlier that I got to meet. Dd for the first time. Although I've known him for for years it was our first physical meeting. I had so much fun getting to meet him and hang out but you know obviously. Dd has gotten on board. He feels really comfortable and really excited. Added about what you guys are building. This property is incredible and for those of you listening You can't watch the video. It's really cool. You can watch it at blockchain Bali Dot Com. I believe but We'll we'll we'll plug those minute But I was very fortunate because George actually took the camera and showed me outside and how beautiful it was it was awesome and I was was really kind of solidified. What you're telling me that that you're describing to me in Vegas and and even on the on the call that we got on and so you know I I look at this and you know for you guys to not only acquire the land not only to start building and by the way? Have you started building any houses not yet not much longer on you we. Our aim is actually to start building in In the spring cool around April and this is this is our plan because it needs to be the latest actually not that remote from the capital two years from twitter. Sorry Twenty minutes from the capital so two minutes from the airport but still it hasn't been utilized for twenty five years so there's a lot of work we we have tremendous nature. We have real wildlife there right now Guscott so we don't want to destroy this and we ought to be very careful during the planning to preserve this tremendous forest there. It's like fifty years old forests which is Aratu have sure especially here in Europe which is a small plot of land comparing to the US Dow. It's a very crowded it and these these kind of real estate is more expensive than the. US absolutely absolutely talk about here. Gary it's not that overbuilt So we have all these opportunities. Well you know what's what's interesting and discuss this but I just recently found this out and I don't and you told me that you weren't you weren't overly sure if this was still true or not but I know up to last year in two thousand. Eighteen Bulgaria was actually the second largest bitcoin. Wallet the Government of Bulgaria owned the second largest list bitcoin wallet in the world not as a country. Not as anything except a wallet and it was close. I think it was somewhere around two hundred thirty thousand or so in two hundred fifteen thousand bitcoin and if you think about if people that's a percentage of the available bitcoin right now eighteen million. Bitcoin happened mind out of twenty one million right. If you consider let's just call it two hundred and fifty thousand or we'll call it. We'll call it two hundred thousand two. We don't want to embellish so two hundred thousand is one fifth of a million right and so when you think about the fact that eighteen million times that by five you know we're talking about like a a a a half a percent of all the bitcoin that's a tremendous amount that has been fortunately confiscated by the Bulgarian government and held they are the ultimate holders right and guess who the biggest and most largest wallet would that would be. That would be a tow. She's million bitcoin right. So this is a really big deal that Bulgaria who obviously they acquired the bitcoin through essentially just enforcing laws and arresting people in acquiring that. Ah Guess confiscating it but still. I think it's kind of cool that that worked out now. Bulgaria also has some baggage when it comes to Crypto as well and I know you said you wanted address this so I'll go ahead and let you have that conversation with the audience right now but you know before you even say that I did not connect the two of those things and I never have apps so I appreciate you addressing it. I wouldn't even know that one point and was coming from Bulgaria at the time. Yeah it's it's something something that I really wanted to address because a lot of people you know what I've heard i. I've even heard the words you know. Don't say that you're from Bulgaria because that speech associated with one coin and. I don't want to hear that because people should associate Bulgaria note with one black sheep that actually has cheated so many people but The people should associate bio for all the successful tried seals that came from this country. If if you if you know just names like next saw like lock trip like It's just a huge projects in the space which a renowned worldwide. We have very very active community not in actually generating vital for the token holders for the users of these applications which are ready. They're done there are so many ice heels around around the world didn't work workout for so many reasons but from Bulgaria came some of the most successful who I see. Also I would really love to have this inste- instead of everyone talking about one coin because one head a a tremendous marketing and it's known all over the world and so many people suffered from that Sherbert. We I will three. We like to stand for for the space in Bulgaria and to say that the you know we have real via generators here because in Bulgaria we have a tremendous amount of talent in a program. INC especially I Dunno if you know but the Bulgarian national team in mathematics vix is in top for in the world. Sometimes we finish I sometimes third. You know we're competing with Russia South Korea and in China for mathematics. So you can imagine such small country having so much fun case So I would. I would love to be famous. Must be not then not just One accidental assume that. It's not just. It's not coming that much from Bulgaria. Actually I recently read that. The founders had also citizens sheep in Germany So also thirty a incubators Yati Mikhail of who was involved in in the creation of the smart contracts together with retired It's Sir I mean we're so deep into the space that we cannot be known for just shirt up of course and I WANNA. Ah I appreciate you acknowledging that you You mentioned how good and how great Bulgaria was mathematics. Like no and I mean this with all due respect because I mean I've never even known that there was a mathematics team represented by the country and is ignorant and as as naive as that might sound. That's impressive recive. That a country that small comparatively to the likes of Russia or China. I mean China's got a billion and a half people whatever it might be right. That's a lot of dudes that's a lot of people. People a lot of men and women that are sitting there going to school learning. You know this this math you guys here you are with a few million people you know doing the thing anyway. So congrats they Mathematics national team for Bulgaria. They it's incredible in the and I shared the country's very proud but I would have no clue about that because I haven't followed the national team for the mathematics and the United States and clearly they haven't been dominating doing any good so That's one of the reasons. Why probably not been in the news anyways all right? So let's talk about actual houses man so you said you know coming up the the springs might be breaking ground and that might be timeframe I mean. Have you had a lot of interest. Is this something that people are actually ready to buy in. They're putting money down and starting this process processing anticipating that they're going to be moving there. Yeah actually we have forty people that are saving there. There's space on the plot and did so people. People are very interested in buying houses for many different reasons. Because it's going to be international society and from where you come it depends what you're incentives to to move here. People actually want to live here. Not but but some people also want to invest in such property of course People that want to live here. Mostly you are addressing the fact that the environment's changed especially in western Europe in Belgium in France in Germany mini in as well That they see their society's changing in direction that they wouldn't like to They have been involved for some reason into the crypt space And they are really really willing to live amongst people they are also involved in the groups and to be able to have its own democratic society. The which is closed closed exclusive society of people mostly involved in and to be able to collaborate with them and this high quality of life. So this is why I people from Western Europe on to move to area other bureau Other companies also because it's not just residential part there will be a business park which is linked the residential parts. So they are going to separate that. It's not going to be working. Live the same space is you have off But it separated so people that want to do business also would laugh to work close to the people that that the dairy both with and also to collaborate with them in one court in space so the people won't do that and also come others just want to invest actually to preserve to preserve the value of their money and in three hundred state has been long you know the cor a preserver besides gold. And of course it's understaffed stocks collapsed collapse as well. But not that much. In Europe outside the fluctuation is not that big always comes back back and that's for sure it doesn't appear prices are low at some points Just like bitcoin prices go up later later. So people people will have to preserve the final of their money in real estate and especially smart. SMART A real estate with smart governance if you have smog governance shared economy If you have interest from tourists in in using such utilities Swimming pools you know visitors from the outside renting these out. Sounds like a a perfectly good idea to people that one percents of their money. Yeah of course and as you noted real estate has long been one of the absolute established store of value. It is. That's that's that's what real estate is. It is a way to maintain and keep your money safe. Yeah to combine line into it with. The cryptocurrencies is the way to go. And I've always I've I've said this numerous times whether it be on my podcast my life streams in in conversation or even on the podium when I do speeches or whatever it might be you know that the easiest and most sensible use case outside of currency for the blockchain is the simply build micro investing opportunities but of course in the US. That's a security so therefore you know it doesn't Nestle work now. I'm not an attorney you are but I'm not asking you to necessarily answer this because you're not a US attorney and you're not sec attorney. You're from bug area. You know and I'm sure that you've got plenty of laws alert over. Are there before you have to learn all of ours too but you know they kinda. I'm sure there's a lot of overlap and similarities. But you know I I look at this like one hundred dollars and I want to buy a house or buy I into a house with a group with a syndicate with something and I just give one hundred dollars. I should be able to have that opportunity without any repercussions or any even tax liabilities. As I don't understand a lot of these you know how people can assume I. I now belong to this system where I'm going to be not only regulated over-regulated and MM prevented because I don't have enough money because they don't think I'm responsible enough. I can't stand that way of thought right. I can't stand that people have decided Something for me without knowing me without assuming and just using a generic example of a human too I guess essentially you know. Tell me what's going to happen then. How they're going to protect me? I get it sometimes. It works all the time inconvenient. It is what it is I live. I'm happy where I live. I can deal with it right but the overarching overbearing and in the end. The long-term concerns I have about government are not necessarily that things are bad right now because I don't care what anybody says if you're living in the United States opportunity opportunity is literally everywhere it is. I'm not saying you're going to get rich tomorrow. But if you work hard and you go and you commit yourself and you you stay with a job and you stick with what you say. You're going to be honest have integrity. It doesn't always work out for everybody but for the most part you're going to be any good situation. There's not a lot of countries you can say that this is going to happen and there's very few of them. Fortunately a lot of them are in areas where bitcoin has been able to be influenced by. Because because there's welfare now. The future though is not these big time awesome countries that exist already not Europe not not North America South South America it's sub Saharan Africa. This is where the transfer and the and the the the the where the currency can stabilize not be manipulated by these governments who overprint who overuse who abuse the trust and the really the power they have over there people right. It's not affair. We complain all we want. It's nothing compared to what they have to deal with right and you can see in their economy and how little maybe they've even progress. You go to some of these African countries you go South American countries. Guess what there's a lot of countries that simply look exactly the same as they did if not worse than fifty years ago. Right that's disgusting. I hate to even hear that. These people are so held back because humans by nature. They WANNA progress. They want to. It'd be better but when you don't have hope there isn't now what I love and what I think blockchain valley is going to be doing is being being that that lighthouse that shining dining example. Right that idea that it can happen but I want to hear your thoughts on this. It's expensive right and I don't blame it for being expensive your bill in the house. You're building communities. You're you're making it safe. You're you're establishing economy. But how does somebody take at this. Learn from it from the outside. Who can't afford it? What what do you think I mean? Is this something that you expect people to be able to emulate but at a lower cost one day. I mean these are real questions. Obviously I know you guys are doing your best out and all these answers are not written but I would love to get your thoughts on the example and how how can be implemented other places without maybe costing so much so let me go to for the first point the race. I'm really bad about that. NO NO GORY I. I am. Bulgarian qualified lawyer petition state the country that does math so I also come from King's College in London Fair enough so the news international finance I know all about the public offerings of securities. This is this is why I got involved with the advice. y'All's just making sure. What's the applying crews are so I'm also familiar with this? She by the way. I wasn't saying that you weren't. I just didn't want assume because obviously we're relatively new to each other and I didn't WanNa put today. No no no don't don't worry I just want to clarify that Secondly the MODEL blockchain valley. I will admit it's not cheap. Cheap to to live there right now The first stages because at the end of the third year. We're planning for the people to already to move their homes at least some part of them but the end by the fifth year it'll be populated totally So I wouldn't say it's cheap but a comparing the rest of Europe is not expensive and these are single story houses that are by themselves yourselves right. Yeah apartments though arguments the business park they will be cheaper so it will be Access it's relatively relatively affordable if you compare it to western Europe because the prices are Sure is what I want to add this Another part of this is that actually people will be generating power that they will be Having Com business in their takings planet so to call so many businesses undertakings there And the on top of the real estate's we want to create the economy where the contributors will be benefiting from the girl for Economy and this is why we are having our Bokan than our own economics and Then we are not talking nothing tokenism the estate itself Diario Correo Estate States. The real estate is GonNa be the infrastructure on Shopper Beach. A discipline will be built so in the future here. We will replicate this definitely different parts of the world because off needs it as many as possible. This is the mission to to bring the a book changed the real lives of people but We are going to be pioneering so so many technologies there in applying smart houses so so we need to prove the model I hear and then we will definitely replicate in different parts of the world. Then why not to sprayed all around. I mean the Muslim The better you know I kind of think of it like this right and of course you know I had my questions and as I was able to understand the project a little bit more and obviously we're just doing a scratch over the surface. There's so much more than we're not even able to cover just because you know we're not going to sit down with four hours and we're not going to keep people tip for four hours right now right. I mean I'll do it. I can talk doc for ten hours if I need to get excited but you know I. I'd like to use this analogy for for those listening and that is you know if you're going to go to Mars right you're not gonna it's not gonna be cheap the first time you go right. You're not going to send a bunch of people who have no value. That would be pointless. You GotTa send people. Everybody going has to have a job and has to do things they've got to establish they gotta figure things out they gotta make it work because you could talk about it all day long but if you get to Mars and you got two people just shown on on the couch watching Netflix. All Day while the three three people were out there you know busting their ass trying to get some some greenhouses to go. I just think of the Martian you know I mean like with Mark Mark Wahlberg movie by the way I mean you gotta go there. You gotTa bring the right people motivated and you've got it's GONNA cost. It's not cheap to get to Mars ars right and then when you get there you've got to be able to sustain yourself so I guess initially speaking the ideal the ideal person although I maybe you guys aren't under position where you'd it'd be turning anybody away because you want people to come in but she would want as you think even mentioned people who are contributing to this community so what is the ideal person is there. Is there something that you guys looking for initially. Are you kind of playing it by your in picking up projects to invite. What is it that you're what's what's the what's the plan here so I would like to start the house by the way? was that a good analogy. It is a good analogy. I want to make another one to compare it this to US startup startup. It's it's an ecosystem we want to break an entire ecosystem together so old funds or the infrastructure projects the blockchain's old owed the stock up. Some top of it but I would say that this is like a startup it's also And Very lucky to be working with all of my all of my friends I would say in older projects the time involved in. I have nearly all my friends in there but not it just because they're my friends but also because they do tremendous work as for example like blockchain valleys the same in veto is the same Shakey's every team member is doing their job in a way that people are ashamed to deliver something being a lower quality on their site so everyone has different purpose different impact but they would would laugh breath to to show of the quality of what they do in the best light and to contribute and Yeah we want to have all the elements so we are going to be inviting the most progressive blockchain companies that building infrastructure because they also are striving to to get free alive applications built and Schultz to the public ends Also than the people that are building secondary applications They will definitely come just people that admire being part of ecosystem course. Oh if if if I am somebody that is very very much into the crypt space. I've been colder bitcoin for long. But I feel oh you know. I don't feel well just living surrounded by society which is being ignorant. It's this and if I want to contribute chewed mass adoption I'll definitely go to blockchain valiant collaborate with the other guys to create something amazing that the world and and then we'll go from there of course I think it's a very valiant thing you know regardless I mean this impartially an unbiased 'cause I mean I'm not part of Blockchain Valley I've just rooting for. Are you guys right. I just met you so obviously I want the best. I want you to be super successful but one way or the next. If it's GonNa work out I mean you know I've been told one thing and seeing other things before that's going to be up to you to prove but what I love about this project is that there's actual physical deliverables like there's things that exist that you're going to be able to watch month after month take form. They're going to actually happen. It's not hey yeah we're here. We updated the get up. Nope we just built the freaking house right. We just put this into this company inside the the main part building right or whatever it might be. I cannot wait to watch this happen. And you're going to. It's going to be a struggle. I'm sure it's going to be tough at times. But there's deliverables and we get to watch that growth and we get to watch this example and You know if you're successful you've just laid out a blueprint for everybody to follow. Who wants to make the space? Not just better but real. Let's let's make it real starts with ideas like this and like you said Jack Ma because crazy but we're not dumb right. I mean when someone said. Hey let's go to the moon. I bet let people thought they were pretty frigging crazy to write when people said. Hey let's cross that big body of water over there that salty and we came get fresh water but let's just go all the way across it. People probably like that's crazy. Why would you do that? Well you know what humans are explores and this is another adventure that somebody's going on and I just love. I love the concept. I bit intrigue week since their beginning. It's at least worth everybody looking at all right now. Obviously George. You're doing more than just you have your own project and you. I think you just mentioned it to a second ago. And that's even though right and so what what is it. Oh Wait Joe. Let's let's I the I I love doing that. Don So what I want to say about this. Is You know as every business you have risks or hours. It's just about mitigating these risks. And doing all all the best that you can to deliver a half of these deliverables right excel you have all these milestones. That nest needs to be achieved on the first place choosing the industry choosy capacity industry. We chose the realistic nick. So the real estate is of course less risk less risk than so many other Than than the the next one is the you need to have a team that will be able to deliver and you. I've been knowing him for a long time. Now he was my clan became friends and then he proposed into his co founder. This and I know the guy for being able to overcome such tremendous difficulties and to achieve great success building the first the largest mining facility in Europe appropriating overcoming the last crisis of Bitcoin by innovating. Then we hit That history so many companies having tremendous track record to be Major The financial conduct authority London Achieving success of amazing financial guy. You know we. We are mitigating Across the roles By a by having the elements of the successful Of course you can never be one hundred percent but you can do our best than the people if people see that you do and your chief results than you go forward. I love that L. E. and no it's all right but about TV. Veto is the same. If the searching the industry we are building two platforms for the event organizers to have all all the tools necessary to create the successful events to automate the process to utilizing spot contracts to create transparency to create trust. It can go to evade adult lot call and to take the project but it's all about the team. It's all about having this. This tremendous team. That didn't give up in the hard times because we started in like every projects it back in the days we were in there for the idea and restarted twin. The the space was difficult and the space was too difficult. Because I ice y'all's who are no longer raising for and just persevered to this point the bootstrapping the project because we were actually in their forty idea and really want to do it to make it work and tweeting not and and as you stand right now again. It's a as I have noted several times. It's at least worth the community checking out. They just go look at them. You know I mean you don't have to you. Don't have to buy anything you can just go and support them at worst. You know the name Blockchain Valley. I don't think it's GonNa be the last time we hear something about Bitcoin Blockchain Valley. I think there's a lot to come from it. Yeah absolutely well George I. It's been a pleasure to have you on as I've noted a I'm looking forward to watching the development I am. I cannot wait to see what happens next for you guys. I am so impressed with your team. It was one of the things that stuck out. I because I had no clue who you guys were at the time I'd seen you're watching coaching valley all of the conference. You wanted to lead sponsors. It was highly represented. But I didn't know the team yet right and so I was really looking forward to seeing and hearing about you know about what you guys were were creating and then when I heard about it as I think hopefully everybody listening today was able to kind of get a similar feeling. Wow that's crazy crazy but I can say this. You're not dumb right and say that is not only as somebody who is rooting you on but as someone who I I look forward to to knowing more about you on a personal level Georgia been nothing but a tremendous gentlemen and a friend Since the moment I met you man and so it's been it's been it's a good so far it's been a great. I guess at least is an experience for me getting to to see what this idea is turning into so I mean that's just been the first week I mean heck or what's going to happen next right. I mean Vegas first week talking about blockchain blockchain Dolly. I mean. I'm looking forward to what's next. We're going to visit. US More and more often. Actually we really enjoyed this first time Las Vegas so we're going you probably to Miami as well the conference I'll be there. Oh great so again. Many friends actually made many friends at this conference. They were becoming bogere Maybe we partner up throw a big party. Yeah will there. There is a lake there so we entails already the the restaurant working but joke. Joe Really really a thank you thank you for this invitation. It means the world to me be it was pleasure talking to you. I'm very passionate about the space and to see another one that is shares the same sentiment there. It was amazing for me. Well like I said at the very beginning is up so it's it goes both ways George. I'll be rooting for you. And I'll be making sure that I'm checking in with. Yeah and as you already know. I think that you guys are doing great things. I mean the concept idea. Everything's great and so again. Tell everybody where they can find your real quick. Just blockchain body DOT COM and just getting touch guys Also saluting or face twitter twitter. Where is the we we have it all covered by crystal? It's amazing marketing. He's tremendous yes. Yes and look. I look forward to meeting the team that I haven't got chance yet. I another shutout Liano. She's kind of she probably take. She's like the mom of Y'all I feel like you know she's everybody's taking care here of you know George congratulations on the success. I wish both watching valley and even the tremendous success in anything. You know that you got coming up. Let me know if I can make something. I'm going to be there but look look at Bitcoin. Radio look go check him out give him some support. Just give us some ideas and I'm sure they wouldn't mind some feedback either George once again thanks for coming on Nico you the man. It's it's been too long since I've seen you. We've got to make it happen sooner right all right boys and girls we'll see you next time here on WCTC. Were bitcoin lives.

Blockchain Valley George blockchain Bulgaria Europe US Las Vegas Gary it Joe Blackburn George I CEO twitter Fujita Taylor Georgia Joel Jack Ma India
eps.016 - Dustin Minch - Crypto Miner Tips

Bitcoin Radio

49:54 min | 1 year ago

eps.016 - Dustin Minch - Crypto Miner Tips

"Radio Joe Blackburn Welcome to another episode were today. We're GONNA talk about crypto mining bitcoin mining and all things mining. I find this topic to be exceptionally interesting and it's something that I have dabbled in here and there but I've never actually actually been considered a minor but I know a lot of people who are genuinely interested in it. I know a lot of people who just don't understand it whatsoever so today. I'm going to have a special guest. It's doesn't dement. She's a good friend of mine but he's also the founder of tips dot com. We're going to get into a little bit about his introduction here shortly but kind of wanted to lay the foundation of why I chose this the topic for this episode and I I would even say as much as people are starting to get back into the space people are starting to take the space but more seriously again and you know we've had this consistent nine ten eight eleven twelve thousand bitcoin dollar bitcoin and it's an exciting again right. It's people are getting back into this on a mental level. Were the buying back yet. Now what happened in two thousand seventeen we saw all these all coins come in resolve mining and we saw all these other types of staking and these proof the concepts in all different weird ways of creating and making more crypto and some of it was fun. Some of it was interesting some of it you know pave the way but most of all it all it all fell back onto what bitcoins doing right and we're at that point today and I want to get a good foundation for everybody to understand what they minding isn't just in general and I have no better person to do it. It doesn't mention as I introduced him sheer shortly. He's a good friend of mine is a moderator on Kripa coin trader but he's the founder of crypto tips dot com and he's the one only and he'll vouch me when I say this. If I ever have a question I'm going to him. I write so without further ado let me let me go ahead and introduce Dustin here. Welcome to the show man what's going on not much man. I'm glad to be on the show. I'm truly grateful for the opportunity and yeah man. I'm here to talk about mining yeah well. It's been a long time coming. This is something that mean. You've wanted to do together other some capacity. It's the perfect opportunity I think I'm glad to have you on but it's an honor to be your friend. WHO Doesn't you've helped me out a lot. Give me a lot of insight on many different occasions and not only on a mining just encrypted in general. You have a lot to say and you have a lot of really good ideas and let's just GonNa get with your background. I like tell us who you are and like really how you even got into crypt. Obviously you guys know my name is Dustin and so I actually got into mining probably back in early twenty seventeen actually that was actually when I got into the crypto space be months before the bull run and stuff like that and so uh my tried a few other different platforms and stuff like that that kind of you know obviously all of us want to get the crypto space. You want to earn a passive income we want we want to generate wealth right. that's why the majority of turn here obviously the Tattoo but what we believe in that but you know we're in it for the the transfer of wealth and so early on I kind of looked into mining and I was like kind of blown away on like so I'm I'm going to build a machine in this thing's GonNa like print money. You know what I mean like that was the whole idea behind it and so at the time there wasn't a lot of information on the Internet about it but I actually I was this kind of just intrigued by it and I was like well but let's just build a mining Reagan so I talked to one of my. It buddies and said hey can we build one of these things. He's like man. That's not going to spend a lot of money graphics cards. I was like well. I just want to build one in so we did. It and we got into work. The very first try which is kind of at the time that was kind of unheard of because mining's you know it's kind of a hard thing but what reminding by the way while so we kind of went with the heard at that time we were minding therion Syrian because that was like the biggest coined mine time. How much was it. Do you remember is around. It was floating around fifty to seventy dollars and I think that that you know some of the prophets. Were like you know to build like a like a three to give you some reference to build like a three thousand dollar mining rig. It was projected to make around six hundred hundred to four hundred bucks a month profit so that to me. I thought that was absolutely on sleep better than real estate. I was like where else are you going to get a good return on your investment and so in this was before the initial run major on up two thousand plus for theorem in two thousand seventeen right yeah yeah in in kind of and I think that you know I did some the research going back through there in the prophets were kind of down before that but at the beginning of twenty seventeen things started creeping up and graphics cards were kind of getting getting hard to get but I actually built the first one in my buddy showed me how to build it and it was just on like donkey Kong from there I was I was hooked. I was obsessed in so aw I remember back in the day. Though when we were in a situation like where you were saying you know how graphic cards became hard to find that there was computer gamers that could not find graphics cards anywhere anywhere. I think a lot of people who've been the space long enough probably remember those articles and stuff that came up but doesn't was fun up about our relationship friendship is that I've watched your mining form. Go from a few different you know. I don't even want to say it. was that small back. Then it was to me it was huge just to begin with but it's been like one stack of minors and then there was like fifty stacks and now there's there's like two thousand stacks of just like things built on top of each other. You've got this incredible operation. You built this all off. Your crypto profits too. You know and you know I remember your transition position into fulltime minor. I guess say more so I watched your transitioned into full-time fulltime minor from our beginning of our early because we came. We became friends around that time period it. Let's just start you know and I know you said you started with with therion but let's just go to bitcoin explained bitcoin mining what what does it mean to mine bitcoin and and how is it mineable mineable like what what makes us obviously. I know this I'm asking the question as someone who is is representing. Maybe somebody who doesn't understand this. let me try and just break this down at very basic beginner level because many layers to it and so essentially with bitcoin mining what you're doing is you're verifying transactions ends actions on the network so when I think a lot of people when they're in the crypto space they don't realize that when they send a bitcoin from from their wallet to like a friend's wallet or pay for something what the mining pool has to pick that transaction in verify it and so that's essentially what we're doing the miners are doing in so you know when it comes to like. Bitcoin bitcoin mining what most people know about it is in a lot of this information can old information. Is that used to be able to mind this stuff with just a laptop and if you look back Bitcoin bitcoin talk in the early stages in two thousand eleven two thousand twelve there was people using a laptop mining bitcoin day on that and so that's I mean if you you could have been in that old rush I mean but nobody knew that bitcoin is so valuable at that time it was just kind of like a science project at that time and so it probably some around two thousand eleven it's graduated somebody realized that graphics cards for really great reminding and they were more efficient than using just a laptop or CPU's what they call it and so then somebody developed the software in GP mining was developed and then probably don't quote me on this summer around two thousand twelve in two thousand thirteen Chinese manufacturers picked up on it and the first as sick minor was developed in so what most people don't realize is that Bitcoin is hard coded introduce a block every ten minutes or two thousand sixteen blocks every two weeks and so there's nothing that nobody can do to change that and so when you start adding being more hash rate to the network with faster chipsets with a deep use the since stuff like that that has grown the network in size and so the mining difficult mining mining bitcoin has gone up significantly since so now. Is it a competition and based off the fact that all these people using really in incredible machines used to mind or is this based off just the price of Bitcoin. I know they probably correlate a lot but is it really the competition that's driving the the size and the speed of these machines well so yeah absolutely. I think I think it really does boil down to that end. I think that there's areas overseas that heavy really really significantly cheaper cheaper electric rate these are large mining operations that have tens of thousands of miners talking just massive farms and so they're able to operate very low cost and so they just continue to keep on plugging more miners onto the network that are going across the globe that or just decline of master point thousands of these miners and so it does create competition and so then you know if you're gonNA mind bitcoin these days if you're going went after true bitcoin mining you're going to need to know you're going to need to get an A. Sick minor and it's going to have to be a newer one in you're going to have to be in an area where you can have cheap electric great to be able to these guys now. That's not to say that you can't still make money at twelve or eleven cent rate. You know some of these. I imagine some of these mind operations just kind of get people reference there operating probably around somewhere on three cents. That's both or three cents. The six cents per kilowatt the the average in America is around eleven or twelve cents a kilowatt and so that's not the say you can't make money in it but there's going to be highs and lows in when you're exposing exposing your your your cost your eurocom. Your operational costs that high. You can't ride bitcoin mining down to three thousand dollars in you know you probably rent it at the current state with an eleven cent rate. You're going to have a very difficult time trying to maintain a prophet now. I said all that because in twenty seventeen seventeen those miners were making so much money during that time that it was able to cover my heart cost map racial costs I did get my the money back out of it and I have some equipment that I could potentially resell saw. I don't want anybody to think that just because we live in America. We can't enjoy bitcoin point might to we can it's just I wouldn't do it on a mass scale where you're investing tons of capital Algiers of like that for sure and yeah I I look at bitcoin mining two different ways you know you're either mining to accumulate additional bitcoin to stack or you're you're mining for profit and that's your job you know and you've been. Eh Do both and I'm sure most especially. I don't want to call you a part time minor because you are a fulltime minor but you also have a real irregular job as well and you know that allows you to be able to sustain sustain how much bitcoin skate that you're able to stack or theory or whatever else might be now. Let's translate that into what you're actually focusing on today and that is not necessarily a big win you are you are kind of going in a direction inhabited for some time like you said from the very beginning you've been in the theory of minor and you'll switch back and forth and you know what's profitable. What's it's not profitable. You've got this website crypto mining dot com crypto minor tibbs yeah. That's a big. That's a big difference. I apologize crypt minor tips dot com and you know you put your success has been evident by what you've been able to do that. You're trying to pass that knowledge along and you appreciate helping people like nobody else. You do a lot of what you do for free a lot like me right now. That doesn't mean that you're able to sustain and give that much time without in compensated so you have your different ways of doing that and I think everybody agrees with affiliate links and stuff on your site but you have a gigantic anik resource of information on your website. COOKHAM OWNERSHIPS DOT com so let's talk about like why a theorem right soon you're still buying theorem today but if not I know that you mind several several different types of of of crypto during a week you know potentially depending on what's going on like break it break it down with the current state of mining so for me really as far as like the bitcoin mining do basic miners right now. I'm currently got I do. Have those shut off just because they're Kinda loud allowed and so the juice has what I say. The juice has to be worth the squeeze in so if the mining profits profits for for a six were there I would have have those definitely plugged in right now so most of my although I will say that on my GPA mining level currently I am mining mining all coins but I'm exchanging those coins with a special software for Bitcoin. I'm I'm I'm trying to accumulate more bitcoin just because I want to make sure that I have a decent incised position and at the end of the day you can never have enough bitcoin so but on a on a small scale also to have kind of shifted a little bit back to a little little bit of a get back to minus roots in doing some laptop sped coining and it's you know it's you know it's not guaranteed to bring me anything but there are a few projects out there that are kind of interesting to me and I like to laptop mine and because you know everybody's got a laptop laying around the house somewhere and and you know you see if you can accumulate these coins than spend three dollars a month Alexis ity with laptop mining these than you know onto yeah hang onto for two or three three years if they're not worth anything he spent a little bit of money minimum like three or four dollars yeah three or four dollars and you get the learn something you know and more than likely you're using your laptop for something or you'd left it on or something along those lines anyways and so maybe just increases a little bit about so oftentimes it's of no cost see them yeah yeah and so you know. I've kind of layered it in three different layers and so yeah it's it's worth the interrupt you. Let's let's talk about your bitcoin miners. You said you have those right now. If you were to plug one of those I mean I'm sure there's somebody who's interested. Who's he's listening right now like saying well. I might go buy a minor. You know from you know wherever and obviously you can go to your website and you can find out you know you know you have a lot of recommendations nations on on those products but but how much would that bring in you know obviously there's a cost you know that's going to offset your potential profits but like like in new openly only admitted it. You're you're trying to stack your bitcoin so even if you're spending a little extra money on your electricity to accumulate some bitcoin it might even be. I mean it's all relative. Does bitcoin go to twenty thousand dollars then. Are you demand that you that you spent that money right here. The thing is like people are buying bitcoin right now and if I can I'd I'd I would much rather mind bitcoin coin than good aucoin place in stick. My Credit Card in there embodied coin. Don't ask me why but that's no because at the end of the day I don't I'll have to pay transaction fees on it and all that other stuff you know so. I would prefer if I'm going to have to buy Bitcoin I would rather Mynatt in this essentially just pay for my electricity that way sure most time. I can get it for cheaper than when I could buy it for doing it that way. So what would a typical if you plugged it in right now and at the end of the at at the end of the week we would accumulate in bitcoin costs just based off of whether it be an average or just an estimate. No one's going to hold you to but is it worth it. You know especially one. Maybe someone who's interested in some extra ram and the mining. That's a different mindset than going to be profitable but I mean would you recommend this to somebody who is just interested as far bars like the basic mining arena goes It's a little bit more complex than it is in the GP minoring just because again you're you're going to be competing with breath these big large you know these big large. Chinese manufacturers that make these what typically happens now. Nobody can prove this but this is what they've been accused of over and over again again when it comes to bitcoin mining is though develop a faster chipset than what the previous model was but they will mass marketed yet. They'll plug it in their owned mining operation and so what we don't blame them down. I don't blame him either. They're the ones developing the chips at a quote unquote. has these machines outright to make sure that it's it's a good product but you're always. GonNa be behind the ball with these Chinese manufacturers because they're going to have the latest chipsets first because they have the engineer engineering these and so you're always getting version behind them and so then you're going to be in competition with them. I mean if you look at Look at Vitmain for example there bootstrap to a large mining operation where you can rent. Hash power from them called bid beer and so essentially what they're doing is they're just you know running out those machines but they've already mind most machines for who knows how long right and they've been accused of it time and time again so it's not to say that you can't make money joining the space but it's a little bit more complicated because you're always going to be competing against other sick miners and you don't know if you you got the latest machine out there or what they're doing buying the scenes in so there's no really transparency there but if you look at the bitcoin mining difficulty share it seems in a weird the difficulty keeps going up and up and up despite the fact that Bitcoin went down now. It's going back up again and so it's it's a it's a more for the market you know in in reference to the fact that like we want to stay high because they're sets a base price for what bitcoin she cost well yeah and that's the thing is like when. Bitcoin went down to three thousand dollars. I knew I knew in my mind. I was like there's no way that this price point is going to last very long because it's not very very profitable for those mind. BITCOIN has to be at a certain price around eight to ten thousand dollars for it to be profitable for the even those Chinese Oh you know overseas mining operations to even make a profit and so I feel like they're kind of you know everybody can say what they want that the whales kind of manipulate control the market but the miners do too because miners don't like the southern coins unless they have to like the whole I mean they're the best who lives in on the plane and so when you have a coin like bitcoin that gets that's what makes it so valuable. It's probably one of the most mine coins on the planet right now. It most of those miners owners are just selling enough to pay for their operational costs that they hold onto the rest. Yeah and I mean I mean along with many others. They share that sentiment within that that you know Bitcoin is going to be twenty four thirty six hundred thousand dollars one day you know and if they don't have to sell it they're not going to because you know we all see a bigger return coming coming to one extent or the next plus you know. I can imagine the difficulty that it's going to be for my listeners. One bitcoin is fifty thousand one hundred thousand dollars. If it gets that price obviously that's a speculative. Thank you know gas and hope on my side but I have no reason based off of you know Bryce discrepancies that we've had over the last ten years you know one year. It's it's sixteen cents in the next year. You know ten years later where ten thousand you know it's a it's a nice place to be and I look at you know where and we'll get into that here shortly but you know there's a big difference in what Bitcoin on Bitcoin is ten thousand dollars at one point. Bitcoin was the penny. It was super easy to mind. There were no expectations. People didn't know what to think but it survived and today those bitcoins that were mine was cheap as they were to mine and the laptop time. We're at a price today. That's just astronomically dramatically different. If they're gonNA has gone through this retrace in price on really high level didn't seem to some extent of the next but I'm -ticipant that they're strong enough. It's been around long enough in this just change. The proof of stake will probably increase the amount of of will decrease the amount of liquidity of of theory long long term but I don't really know that it's still specula- guest but what you see in this theory of transition overproof stake in his is going to be the future of these your see twenty tokens based off of you know the the the leader yeah that's a good question and so the one thing that I will say about a theory of mining right now just to kind of highlight on that is a lot of people ask me like why do you mind if theory. I'm and I'm like well. It's you know if you look at the stats that coin actually actually has more development going on than almost all the other coins combined in so if you look at who's all working on that project and I know there's people out there that Korea that's an all coined Blah Blah Blah but I mean if you really look at the stats and you really studied the history of talent. I mean that kid I mean he's he's been in the bitcoin industry for longer than almost all of us you know so he's seen loud kind of behind the scenes stuff and I think he's really got a great mindset and he's got the know how to kind of make sure that project he can drive home on as far as them switching approved a steak. is far. I don't know if they'll do a full blown PEO S. I think it's going to be a hybrid P. O. S. POW kind of thing and I think that they're running into issues. I'm trying to figure out how to keep it still secure because there's an I don't WanNa get into all that technicals and stuff like that and kind of you know weird everybody out but there's something to be said about proof of work when you're creating and spending money on building a machine in the near spending money on electrcity versus just I binds some coins and locking up in a wallet in it creates more coins in so you know when there's an actual work involved that was you know that you spend your time your money on there's more value to that and then just holding coins in Wallet End Hoping that it's going to produce more coins because then it opens up a chance for people to I just don't feel like people respected as much you know what I mean like the just the kind of dumped it when they get a coin in there they're like Oh. I got another coin. Let me don't you now whereas when you and you know people like to hold it you know so I agree with you completely on that doesn't look at early low on on at you know what I mean so there's no really effort into getting into that into that entry. Level position like that makes a lot of sense that I'm glad you explained that way too. I also I agree with you. you know the proof of work to me it in. I mentioned this a second ago too and you. Just you know kind of reiterated when a little bit more detail on why this is the case but you know when you do have overproof work. It does set a base price for that for that token. I also believe that theory and you. You nailed it. During a ton of development going on you know and I I laugh at the people who you know it's right now. It's really easy to hate on all coins because they're all went down right and deservingly so most of them but that's just the cyclic cyclic nature of this market in this discipline. You know you have people who are just sick and tired of it. They see it going up or selling out of all their coins and they're getting into bitcoin because they really have a lot of belief in Bitcoin's point either too. I think Bitcoin is the king. I don't see a need for anything to replace the King. I think Bitcoin is a great job of being the king and I wanted wanted to change. I leaving that because you know I have a ton of Bitcoin. I don't I don't have three thousand bitcoin. If I did I would really be a maximalist right but I don't have bitcoin and and most the majority the majority of what I do own now isn't bitcoin but I learned some hard lessons and I also regret some some of these these decisions. I made to sell out of some of these coins. Oh they've been good choices up to now but you know we're bitcoin mega one hundred thousand that's next right. That's that's great. Don't get me wrong. I there's nothing I want more than Bitcoin to go to next all right. I want that more than personal. You know satisfaction of watching what other coins go up fifty x but the potential for some of these other coins that are in development that do have you know what we're going to see as the future of this industry. They're they are going to exist crypto. Queens crypto projects. They're not going away. They are not going away. There are going to be less. ICO's ideas. We've seen already happened. You know I think the I. E. Yolks Firm. It was a good come to Jesus if you will like people went indeed these ideas but they did not catch on the way that ICO's Day that a lot of maturity in this market but overall. We're in the situation where there are great projects in twenty fourteen fourteen two thousand thirteen when there's last crash right before the last crash there was a lot of other coins that came out. DOJ was a joke point right. It was worth a sat and you know it's gone up. How many hundred hundred fifty x sometimes right I mean depending on depending on what you do with it you know but it was mineable. I mean it's a it's a bitcoin four. I guess you know of some sort or clone. A At least a Li- coins the same way all these coins they've been lower and they went back up and they sustained a certain value and that was because they have had proof of work I mean that's what I believe. I also think that you know with a theorem. We're going to have this this this. This reinvigoration of what theorems allowing crypto to to do is blockchain project called a theme is going to scale. It's going to scale like you said look at all the people working on it but more importantly it's gonNA find use cases and that's the great great thing about a free market is if it's going to be valuable it's only a matter of time however when you find value and when you find reasons to exist you are going to make it if they are or able to find reasons why they should exist and I'm telling you they're coming. I don't think it mean you disagree with that. The gaming network you know the gaming the whole Gaming Basov of everything I know and I'm a Gamer. There is a need for a transactional peer-to-peer. I guess in game currency where you can transact engage and some gains game is going to come along and it's going to implement that on a level. We've never seen before and if you don't think that's going to happen you're blind because if you think the everybody's just going to sit still and not get better look at fortnight they did something that nobody else they gave that game away for free and they made billions and billions and billions of dollars had you asked. Ea Sports or Microsoft or somebody else. If that was possible five years they'd laugh no you can't make that much money on free game xbox on PC. You're not but they did. I mean this is going to this is going to happen those of you who think it won't you're you're not saying it and you're gonna sit still weighing on bitcoin to go up and I'm just going to go up to. I'm also speculative on other possibilities software. I know for sure I'm totally with you. I mean I I've I've seen in the post in the other groups and stuff like that. You know it's like even say the word They just Kinda throw tomatoes at John Facebook but I'm here to tell you that this market when it does and I don't know when but when it does if you're not if you don't have your position bill this things you're never going to catch you. You're not going to I don't. I think it's GonNa surprise all of us. I mean it just takes time. You know what I mean and right now. We're kind of the you know the I feel like we're at kind of like the belly the bottom of it and you know you just have to be patient and so one thing that I've learned is that there's a lot of people in the crypto space that they know it all and they're just not very patient and so absolutely you know if you're in it for the LAMBORGHINIS. I'm here to tell you you probably less you get. I don't know I just don't see getting Lamborghini. Regain sorry not bitcoin bitcoin without a without a tremendous position. You know becoming a top on it and you know we're impatient. You know we don't we think ten ten years when I was a long time and crypto and it really isn't but looking back ten years I mean who could who could have held onto their entire position from two thousand twelve. I mean I would know you'd be silly if you did. I mean you really would have been financially irresponsible for you to just be holding bitcoin right now. If I ended a five dollar Bitcoin in Rhode Dead Up Fourteen hundred back in what twenty fifteen twenty fourteen hour too slowly absolutely I mean like I said it'd be financially irresponsible. If you didn't yeah I mean that's that's part of it. I mean that's you know that's trading. You know so yeah. So what what do you think about the future of coining you kind of answered a little bit about it when when you talked about theorem and how they would probably do a hybrid is this what you see is the standard going forward for the POW I don't really see I. I see a lot of what I what I think's going to be. pretty surprising. Is that Mimbo Algorithm. There's a lot of new blockchain's Qalat new cryptocurrencies that are launching on member Wimbledon I haven't really had the chance to deep dive into it yet but essentially what from what I understand is you don't have to carry the full blockchain as a node to mind on the network and so then it would it creates a more efficient scalable watching reminder standing in a nutshell. That's what member Limbaugh is somehow they they figured out where you don't have to bury a full copy of the black chain to be a note on the network and so isn't that what makes the blockchain so unique is that the the nodes are carrying you get the full blockchain and therefore therefore you know everything is is time is resistant to you know time overlapping or passing by mistakes. Everything's GonNa be either forever right right wide and I'm saying that you know as to be a minor on the network. I guess they're required for my understanding. Is that when it comes a scale ability once the blockchain. We've gotten twenty years where the transactions there's not. They don't want to carry that all that around because if you you WANNA download it on your device and stuff like that than large file. It's going to be a large file so that makes sense too and that's one of the issues obviously with bitcoin. Is it works right now. It's a little bit slow. I don't find any issues with that. I believe you know if you're going to move gold. You know if you'RE GONNA move forty thousand dollars with a gold. Guess what it's not going to be easy either. You're going to have to literally put it in a vehicle and you're GONNA have to drive it somewhere. You're definitely GONNA be carrying it number one because it would be dangerous and you would probably rob and kill number two because that's heavy. It's inconvenient based off of many things but last night you know it's supposed to be if you have something. That's really simple really easy Z. To move around and it's really you're able to get your hands on it. Whenever right well then it's no longer rare. It's no longer easy. That's what makes bitcoin beautiful in it and that's why that digital gold reference. I believe is so relevant and that's why it's the standard to me. That's the reason why doesn't need a change being slow and being a little bit. You know inconvenient to use. That's that's okay. It makes it it keeps it's it's I mean it should even be expensive to move. It doesn't hurt my feelings. People are like oh the transaction fees. I'm like good. Stop Moving. It stops so on your bitcoin every time bitcoin you you're hurting the price of bitcoin yeah and I and Kinda back to the coin my thing that you know I do think that there's you you know like beaming grin. Those great coins the mind right now there. Those are two great projects that are you know. I'm not even sure what the price Sabinas right now but the last time I checked grim was sitting around five dollars a lot of minor support. That trump beams a good one you know even subur- coin. Every now on again is a great all coin to mine in so it's like it's like coin. I don't quote me on that. Look it up real quick but yes. I do think it is a fork in so you know if I was the kind of educate anybody they wanted to say you know what should not get into dust and should I get into a sig mining bitcoin tonight by Basic Mike Coyne my personal favorite and this is just me what I I prefer. It's all what you really want to do if I prefer to. GP Mine Now you're not gonna go in by prebuilt. GPO minor from China like you can in a minor nascent minors plug and play you by China comes in the mail with all this hieroglyphic writing on the side of the box thing and and you just plug it in and put a walled addressing dressing. They're in a monkey can do it right and there's not too many problems with it. You don't have much downtime with it because it's just designed to run you know whereas GP mining there is a little bit of a steeper learning curve but it offers so much versatility as far as what coins you mind and stuff like that so with a sick minor I will say that you know if if you buy like twenty six minor than it the only coins that had combined any anything that operates the script algorithm so you're kind of narrowing your funnel of opportunity -tunities as much a much wider funnel of coins that you can mind so that way you can kind of if you need to shift around and chase prophets. You can do that with the nascent minor. You're kind of very restricted on what you can cannot mind so sure as advise doesn't now obviously you have a lot on your website and let's talk. Let's talk about website a little bit. You know if you're a brand new to the mining space or even if you're not obviously there's a lot that you can get out of there. Including deals and stuff does a lot of the work for you and I know that you've got a lot of ideas coming up being you've spoken about but if you're new and you go to your website and you're just trying to you know a little bit about Crypto so obviously morals at your website to begin with but you stomach cross monitor tips dot com you get on there and next thing you know you know you're. You're getting certain information. What do you what what kind of advice are you giving these people visiting your website the first time for right now. I'm kind of geared more towards like the the beginner level because I I WANNA. I feel like that's where I can best serve people. Xetra very basic level not to say that I won't give advice to somebody. That's been in mining for year to you know. I got no issues with that but I just kind of want. Would I really you know the whole. My whole intention with it is to kind of just you know when I first got got into mining. There wasn't a lot of guys out. There wasn't a lot of information out there. I struggled to get information so it wasn't until I got into slack is court all these little chat that groups that you can't google search on Google and spent hours obsessing and ask him questions and stuff like that and so you know I want to educate okay people because a lot of people still think that you meinhold bitcoin believe it or not. There's a lot of new people that getting the space in a whole bitcoin with laptop and that's just crazy yes. Those days are long gone so that's one of the biggest things that I try to educate people on in the reasons why but also what other opportunities there are out there. You know what I mean. So you know I kinda. Bust your bubble. Let them know that you know yeah. You'RE NOT GONNA be able to get a whole bitcoin on a laptop anymore unless you're gonNA live for seventy thousand years or something like that but there too you don't need a full bitcoin to make this worth it but you're not doing your laptop right and there's plenty of ways as to mind for Bitcoin by mining other coins as you mentioned you know mine. 'EM SELMER BITCOIN GOES EXCHANGE DOT COM. Get Your bitcoin or you know. Even you know learn how to you know maybe even even just start small with like a laptop and do suspect coin mining you know if you can get fifty of those coins and it goes up to dollar fifty cents twenty five to fifty bucks that you you potentially made worth in a day's worth of mine now. Are you going to have to hold onto those coins for a couple years again. These coins probably ain't even listed on any exchanges changes but that means the only way that certain coins out there. you know some of these be centralized exchanges. I will not put any kind of user information nation. I do not you know. I don't trust how they work united meaning the laptop. If you WANNA kind of get some of these coins this is is a great way to mine. I'm weather early on you can accumulate a lot in hang onto home for two or three years until they start getting listed on the bigger exchanges and then offload men and you know who knows what that could be worth. You know in two to three years but that's the only way that you're going to be able to get those coins by just mine in early on so Tom Wilson yeah we'll we'll. We'll wind this conversation down a little bit but let's make sure we can they. Can everybody find you. Let's start with that so if you guys want you can go to Krypton minor tips dot com if you look if you WanNa get in touch with me probably the best ways that hit me up on discord discord. There's a discord Lincoln there on the sidebar so it just happened the discord if I'm at work during the day or stuff like that. I do a lot of solar energy stuff so typically. I'm unavailable throughout the day but just drop a message tag me in there and if you need any question if you have any questions needing help you know that's what that discord escorts therefore to make sure that you cannot you know we can kind of hold your hand and Kinda guide you. you know what kind of budget you're working with and what route you want to go so yeah. Well great for your time today. I think it was really a beneficial and fun conversation that we've been able to have. I don't know if you've been listening to my podcast. We'll find out but I do have a I do. Have A quickfire session like to do at the end of each session in an interview. That's just a little more fine makes a little bit more human rights and so I ask if you've questions I did not get. I didn't prep you for this and done your good friend of mine. I know you pretty well. We've known each other now for two and a half three years almost and we've gone through ups and downs together man. We've seen a lot and you know you've been a great number of Crypto coin trader. You've been a great moderator for C. C. T. at different times when you have time that you're it will come in and I think you probably GonNa Moderator Two or three times and and I'm grateful for your contributions though man and you. You provided a lot you help out with the mining the sea St Mining Group but most importantly you've done something grapefruit with your website and that's tips dot COM has set before I encouraged even if you're not a minor that's a great place to go and get just get educated. You should know what mining inning is. You should understand it to be in the space. I mean it's it's really drastic. Important aspect to pro is not it is a no most people just think focused on the money aspect act like Bhai and hold and you know joining you know during this downtime. That's a great time to research and kind of find out. Educate yourself up about the technology because I think that that's what keeps you long. Term Focus is understanding the tack and understanding where the space is going in. If you're just focused on the money thing you're going to get impatient. It really quick and just not going to understand why you know you just not. GonNa understand as much not have as much faith in the technology if you don't start researching and kind of getting into you know what these things are in so I feel like my website is a great place to kind of break down at a very basic basic level so that anybody can understand it. You know I completely agree. Doesn't you've done a great job wasn't all right so let's hop right into quickfire. What's your all time goonies the goonies that's classic. That's kind of our generation. You know all right aliens have they ever visited planet earth of course absolutely hundred percent any evidence Elon Musk. You think he's an alien one hundred percent fair enough Tesla is his all time favorite hero and you understand you know I mean Tesla might have been from outerspace somewhere or some other dimension. Tesla did a lot I mean tesla. It Falls Ryan Long with Yvonne like they're changing the way that everybody views the world in the capabilities. They're raising the standard. Tesla just got probably more than likely didn't die like twenty nine years old or something. I don't know it was young. He was young right all right and for him to do. They've done everything he done. Potentially created the Internet way back in the day right on the ability for wireless electricity and energy anyways this quickfire hi this is this is not long fire right all right so I was gonna ask you who is the most influential or the best person face affected you the most well obviously. I mean I'd have to say you first off we I mean this. I mean we were in C. C. T. when it was just as the Messenger group all do along this whole path in this journey watched you blossom C. T. into what it is today so the other personally I have to say is weren't Creko. One hundred percent use the over there at crypto. You Warns Guy Really Nice Guy. Yeah absolutely and they're trying to best over there too and I applaud them. Support their efforts of good answers. Obviously I'm flattered and I appreciate your your thoughts on all right so go moving moving into the philosophy questions. Remember this you know I like you to be honest. You don't have to answer anything right. you can always pass a question but I I like to kind of put pressure on a little bit but what is it. That's causing problems in the space quickfire. Oh Man I think it's just impatient. noobs man impatient noobs and and people just buying into the news like they want you to buy in to fill like there's fake news sources out there that just put out fake to kind of fear in what they're doing. That's right. They know exactly what they're doing. You know Jordan both word isn't helping much either so I kind of correlate it to this. You know the hemp market in the US decriminalized hamp and the hemp is worth a lot of money right now. There's just not enough farmers in really high demand. I and I believe that demand is going to be exceptionally high. I've seen the plastic that can be made from have that how can replace cotton in a lot of different ways and how sustainable and how you know oh how well hemp will work with so many different things but it's really eco friendly and you know we're on this. You know save the planet this environment issues. You know one way or the next whatever you believe taking care. The environment is never an issue like that's should be all of our goals. Do I think some things are a little bit exaggerated. Shirt doesn't mean we don't need a fix certain things though right regardless of how you actually actually feel I see the market right now and then I start seeing like some fudd articles and it's like these people are putting out information because they don't want more people involved yet. They want to be forefront and anybody they can discourage them from showing up or at least put enough fear in them to maybe back off a little bit. I what is what is what their goal is by putting out this information and it took me a long time encrypted realized people actually don't want price of Bitcoin to go up because they genuinely are doing doing certain things. They don't want to start mining. Everybody'll start mining. They WANNA be the one of the few people and if you hear of some of these power players trying to get into the space by doing this or or starting to mind that you know you're you're going to be. You're going to do what you can to keep your competition out right and it's only a matter of time until bitcoin goes up now with that with that statement can bitcoin a million nine dollars one day absolutely hundred percent. I don't think that it's going to happen anytime soon but I think that over the next five years I mean that's you know I feel like it's pretty achievable. Just I mean just look at you. Know even Jamie Dimon I mean the most past mystic Bitcoin Hayden punk on the planet and now they're filing crypto pads. I seen the other day. I don't know if it was fake news. A Bank of America's filing crypto patents criminal watts. What the hell are they doing. Doing you know what I mean like really look at all the partnerships and look at how people's attitudes are kind of shifting now and so you know you you can turn Jamie Dimon into that. You can make a believer out anybody right and so I just think that you know we're going to be on that path advocate to a million dollars. I honestly think that hundred dollars within the next two years probably and I really I encourage a lot of the people that I talked to and you've heard talking now for several years but I don't like viewing bitcoin as a US dollar. I don't like giving comparing it to the US dollar because I don't think they are the same thing we can value what what bitcoin's worth and how much it's affected our lives by stating the US dollar value. I have no problem with that. I do it all the time right because the ten thousand dollars thousand dollars that means I can relate to what ten thousand thousand hours as it's a measurement value right and it's it's easy but to me bitcoin and we already kind of went over this a little bit but bitcoin is not a us our it's a it's a piece of gold right digital gold and as we start making people understand that it's more of a store value like gold. It's a standard right if we can take that concept in make it the the idea is actually built around that rather than how you can go to the store and buy your coffee with it. I don't don't spend Bitcoin your coffee your idiot right what are bucks the. Shit anyways so whether you're eighteen bill like use your dollars for that I mean if you're in a bad situation you sell bitcoin sure it makes it convenient. It's less transaction you gotta do one bit pay or or on on coin base of your own. You can just go straight through the website on eighteen. Pay Your Bill Great Awesome do it if you have to. But why would you do that when you think bitcoin joins go up during the space for right. Don't send your money and I think people see it as a spendable currency. That's the wrong idea. It's a it is spendable. It's a store value. You're not going to go to the gas station with your goal old light chip off like a half a gram and be like here's twenty dollars goal so I can fill my gas up. You know of course not you would never do. That's the idea that you could ever do in fact they might not even take it right if they did take it. They would just put it in their pocket and then pay twenty dollars for you so they can have some gold. That's what I would do. If I was a store clerk via twenty bucks anyways. They want to get off topic but hopefully that. least you know you understand that so the audience listening. I hope you've enjoyed this. Conversation doesn't last question goonies your your favorite movie. Who's your favorite actor. all-time oh man it's hard. I mean better be hard hard one yet. I would have to say man ah Johnny Depp Fan Loathing Las Vegas Fair point and it's hard between to choose between him and the dude from the big Lebowski You're not I mean Jeff Jeff Daniels horrible with names man. He's a ton of movies but great yeah big levesque's classic. I cannot believe flavor forgot his name. I don't think of it as soon as off course but anyways doesn't any last words. What are we miss anything. We didn't talk talk about not no not really you know the biggest the biggest thing if if you guys are looking to get into mining I would suggest start looking into getting into it now versus later because you know the price of this hardware is at an all time low right now but once the prophets comeback in strong yes what happens to the price of that. Harbury goes up two x three x four x the you kind with mining you kind of have to get in the space a little bit early count like what I did and pro bowl run twenty seventeen it was kind of the perfect storm got in at the right time and boom it worked out beautifully in so in fact. I'm still holding onto my commitment getting ready around to in so don't be the guy that waits until the profits are sky high and then you have to kind of scour the Internet the fine hardware do it while while it's there's you know there's tons of graphics art. Bro Won't be safe then. I'm not going to be safe at that point right. That's what we all want to be. We all just want guarantees these possible yeah yeah and so investing so it doesn't come without risks. That's all directly. It's speculative no matter what you're doing in the space if you wait you're wrong doing real estate aw stocks whatever you're doing. Any investment platform comes with risks and so on that note if you do have genuine questions like I said several times in this dozen my go-to. I don't trust anybody before him. He is I only consultant. I take a really high level. I have serious questions. I have a basic as a question. That makes you sound like an idiot. He'll always answer I mean he. He doesn't even make fun of me right. Sometimes a little bit you know Joe. I told you this last time you know but he's never been giving me a hard our time ever about even the simplest the stupidest questions and I always appreciated that about Dustin. You've always been there for me on on on those on those notes and we've had a lot of fun together man learning and and I'm glad to see see your success. You've you deserve it as much as anybody else. I know. I'm proud for you bro in and I look forward to seeing what crippled mayorships dot com does soon and again if you have any questions whatsoever go. Oh they're get on get on the discord. He's there. He's GONNA help. He does it from the bottom of his heart. If you need help with anything he does have some winks up or you can go and click and find and figure route and if you have questions he's going to help you get fitted man. He's GonNa it's kind of like by Gough. You gotTA. Go Get your clubs fitted well. He's GonNa go. Get you fitted for your mining situation. If you're nice to him. Don't be nice but anyways long story short that's for me. doesn't last words now. That's basically it unless you WANNA put. Maybe a link down the description. Let people know that there could possibly potentially be Lincoln the description so that they can go straight to the discourse. I'll have your that'll be in there folks but it's it's pretty the simple you have a great by the way awesome job getting crypto monitor tips dot com. I don't know how much you spend on. That was probably a lot well. You're a major also also lucky so uh-huh follow. The luck folks anyways bitcoin radio until next time. Thanks for joining US really enjoyed this conversation with you dust and I hope look if you have ideas or if you have guests or you have somebody that you want me to bring on look send me an email joke bitcoin radio dot com or send me a mess. Don't facebook. I'm around. I want better guests. I want bigger guests. I want whoever you want. You know. I've been very very lucky to have who pat on so far but we're always looking better. We're always looking to bring people on that that have that have done great things for the space people like you know and we may not not just in Mantra Joe Blacker not might not be household names but these dozen somebody who's doing great things for the space in helping out on the ground floor of this revolution right and we all believe in the space one way or the next we all want to pick up we all need to be educated and that's everything from mining all the way up to the buying and selling and trading it all matters all relevant and I will look forward to our next conversation. Take one radio until next time. We'll see you soon and look whole bitcoin all of us is the WCTC were pickling list.

GP mining US Dustin dement Joe Blackburn Reagan St Mining Group Kripa founder Algiers COOKHAM Jamie Dimon LAMBORGHINIS Microsoft Lamborghini therion donkey Kong America
eps.049 - LIVE - IS BITCOIN DEAD!?

Bitcoin Radio

52:39 min | 10 months ago

eps.049 - LIVE - IS BITCOIN DEAD!?

"What's up cream Radio Ismat Joe Blackburn? Joined with me is are the managers. Can't Paulie what's going on Jim. Oh my goodness what a week. The game boys pack it up. Qurna go home bitcoins done see Aleida a `love' `love' Jim. Great great great use of that awesome system. You've got back over there well what's up. WBZ Say thanks Jim for that. Awesome intro in that that welcome. Obviously obviously bitcoins. Could've been a little bit steadier. Seventy one hundred seventy one fifty. I feel like if we stay at this price for pretty bullish actually moving up at some point. Of course it's opinion. I'm always bullish Polish. Shut up jam. I don't WanNa hear all that Jim shaking his head for those less. Now I've been reading. I've been reading the facebook posts. I've been reading a a game over dude back it up. bitcoins done bitcoins bitcoins. Dead and buried my dude. I did hear some things but we'll get into that here shortly as people may notice here for the Thanksgiving. I'm at my folks house. I'm borrowing my dad's office. I'm sitting here trying to make Internet connection work down here in the state of Alabama Obama and Jim. I know you're back home in your typical Jimmy Fallon Studio so As this holiday we can get caught up you know and we get there on Thursday and happy could drive the be respectful. Losing me. Now I get you back your back. Yeah be respectful and have a safe holiday. I mean this is a holiday for the the. US folks we're talking worldwide. But I mean in the stop and take a second to just think about what. They're thankful for the United States and for me. That's how foolish I am on Bitcoin and Jim's got all these really crazy ideas because old new Jim. Oh there's been scouring Internet finding everything he can about. bitcoin is going down to two thousand hours. So tell me what you've learned. Yeah Oh yeah you know what I did see. Some people. Saint Two thousand a lot of people were saying thirty five hundred and then it'll bounce awesome. Then it'll die like it's GonNa Bounce just die again But yeah you know what two thousand and I feel like that could be too because the price is going down pack it up. BITCOINS joins over game over man. It was fun while lasted. Or you know Y- Gem I the thing is I understand and I appreciate the way. I don't think Jim actually feels feels that way. People were gonNA pretend like he does tonight. I don't think that's actually the case. But I love his ability to be the devil's advocate here. And we're GONNA have a slight discussion about this. You know your your thanksgiving. You seem bitcoin go down. Guess what twenty seventeen. We had an awesome Thanksgiving everybody but that twenty seventeen. The price was just about where it is today. Jim and that's what's funny. Is what a difference that feeling is because we were coming from the bottom of what we consider a low but it was really a high at that point which was at twelve fourteen. Fifteen twenty five hundred three thousand five thousand or runs next thing. You know November twenty seventeen Jim. Guess what. We're at six thousand bucks. Well guess what two years later. We're at six seven thousand bucks. Guess what last year I I think what we were around six or seven thousand bucks. You know I mean it's it's been pretty consistent how this the November's have been around this price regardless list of which sit at what sediment you feel. It's been steady at this price. Isn't that interesting. Yeah Yeah I mean I have heard the other side of it is people say it's just the holiday holiday sale. It's just bitcoin. Though the Black Friday came early for bitcoin still just slashing prices. So you can get in on it now. Is there like you mentioned you know Thanksgiving you know we're we're. We're on the cusp here. Now for the people that do go home for Thanksgiving and you you try to talk to your family about crypto. Now if they get a little wind of this you have to try to explain yourself now with this. I guess the Fund is the right word shirt regularly yet. No I think it's a great question especially because you know. We have bitcoin for Christmas right. So mouse felt myself. Jim Josh Donaldson View. Others Ashley Meredith. Obviously in all the great work with mouse vogue is the developers. You know we really All pitched in our thoughts ideas we put together all these things to be able to have this conversation with folks and although it says Bitcoin for Christmas I mean it's irrelevant with the holiday is or whether it's a holiday or not. It's just a place to go and be able to have resources that allow you to not only see. Hey this is a way to to be able to Explain certain information but the guide allow others to figure it out for themselves. which I think's really special? It's important that we recognize that. This is hard to understand. It's a concept that people we are ready probably have a generic idea about and if they had thought really highly of it already began. So everybody you're talking to hasn't bought end right folks so that that population that people that have not bought in they they need to be spoken to and you don't have to fight with them to get your point across right if you start arguing you're going to be like oh big ones right and there'd be like bitcoins wrong just because people just argue they all have this idea that we're all on the Internet still and at and a little bit of money instead of flavor you're GonNa get a recipe for disaster so handling yourself properly really important Jim to to your point here. I think it's very important time for people to get caught up refresh on the basics of bitcoin. Why does it matter? How does it work? What is the expectations? And what was Sushi's original intentions. What we're his? What was the reasons why he was doing this? And if you think back people if you go back to two thousand eight in there in the financial crisis does it surprise you. That two thousand nine you know the to- she's worked began and then by two thousand ten January two thousand ten. You know we were really up and going going in two thousand nine. We're up going January. And then she did. We made our our first one year anniversary of a a working product. That's why we are here today right so think about that not. Bitcoin was literally born from that moment in time that financial crisis whoever they are that person he or she or non binary as as Actually likes to remind me It it's irrelevant. Who Said Oh she is I just know this? They saw that there was a problem. They fix it they say. Here's a solution rather than complained rather than vote for this person that person who has done nothing they just fixed it and we're used but yeah but that's kind of my thing though. Is that the monkey wrench into the idea of Bitcoin for Christmas. Because does it make it a tougher sell right now because even people in the community acts acts like it's dead and I understand that just because the highs and lows of you know watching the charts and all that but it's almost harder to talk about now when you have it's like you have more of a barrier to go up against the try to explain someone not in the space because if you tell them about bitcoin and then they google it and they see we all these articles that are about how bitcoin going down the you know how do you do. You have tips to overcome that or just kind of focused more on the other positives positives behind something like rather than the pricing yet. Though I mean obviously as we all know don't want to get shot Josh Danielson good to see you man. Tim Pace AC- the Andrews on there. I was just arguing. We I think we were kind of arguing about Tesla but we really we weren't. We're kind of saying the same thing so good to see you as always ap but look the barriers the expectations of a conversation. How to to to get in how to how the new words it comes down to this gym Jim and this is my honest opinion? Is that you can't force this concept on people now for Bitcoin for Christmas. If we're smart what we're doing is buying five or ten dollars for our friends and family and giving that away. Bitcoin for Christmas is my in my opinion. It stands for me giving you Jim or getting my brothers or somebody. Bitcoin and there is no better way of getting through somebody then saying here. Here's some bitcoin for free. Even if it's just five bucks right yes everybody not not not. Everybody's able to incapable of doing that. I get it. I'm not in your to pass judgment or say say one thing or the next I can at least portray this image though in that as a magic. Everybody in crypto giving a little bit of Bitcoin and how how many people are going to have them start paying attention to what bitcoins doing and if they start seeing maybe it's going up maybe it's going down. Maybe they're starting to to put into perspective. How this thing works? Maybe they're trying to send it to their new bitcoin wallet because they wanted to add some more. Maybe they're now able to explain to somebody. Hey I got bitcoin and it becomes popular. Hey look someone gave it. I've got it actually. I think it's up a little bit. Like five like fifty cents. They only give me two dollars. But you know that's that's the beauty of this whole thing is that it's it's it's always been you know peer to peer even marketing right. There's nobody marketing Bitcoin Actually I take that back If you haven't heard or seen it yet folks you're going to see a very soon. And that is the white furred Verte. Football Club from the Premier League is Bitcoin on their sleeve. You know and I mean. Think about that. If you're in the premier league every time someone from that team scores and they raised their hand and excitement. You're going to see big went on that shoulder. A Little Birdie told me you can get more information about that on Friday show by the way. Oh Nice be on the look out. So yes and of course. I just interviewed them as Jim. The the One of the producers and editors the entire show. WHO's listening to every single word probably more than me You know he's he so kindly let us know that. That's the Friday show so be excited about that folks. 'cause it's GONNA be exciting. Hey Do you think that's a decent understand like that's the way I portray it to answer your question like what do you think Jim. Is that good enough in your opinion. Yeah I think so and I guess it's just the tough thing like putting it in those terms though is if you give like I'm just thinking more from the I guess quote normally perspective affective because I i. I'm not quite enormous. I'm still a little new to the space but I'm not enormous me. I'm thinking some that only knows of bitcoin because they see the headlines and they vaguely no. It's a thing the tough sell. I feel like especially right now with with the price. The price is always going to be volatile. But like with more on a downtrend. Downtrend is if you give someone for Christmas like Hey. Here's fifty bucks in Bitcoin. And then they look at it the next day and it's like thirty Bucks Bitcoin to them they're like This is weird weird and does that like immediately turn them off or you just have to really just keep pitching the other side of it and rather than the pricing well. Well there's two sides of this number one. You should know their address if you sit the Bitcoin so you can keep adding to it. Like a dog barks right like I mean. They'll never see a fall right like if he really needed to address that but yes to your point. It's a very serious one and I agree like if they just see constantly falling. which is what happened to a lot of people including myself? I gave it to my father in law take. My brother-in-law gave it to you. My friends family and they saw it go down and they mentioned that to me several times. And it's not unwarranted. Right it you know I put Michael Sausage a post op or is comment. I think it's really relevant. He said would be safe to say that. People's general perception is that it's not a future of currency but rather a specula- speculative asset and I say that's absolutely what it is right now. I mean that's the perception isn't perception's reality if you're looking to grow something and so whether you're a celebrity TV host and you're trying to get the next big GIG or your musician and everybody thinks you've music sucks when I was gonNA play or no one's GonNa hire you know who's GonNa Bring you about. No one's GonNa buy or use you. If they think you're speculative assets keeps going down so great point Mike on whether she wrote that But you know I look at this like I have never had a problem at least explaining the basics and what bitcoin able to do gyp right and we've conversation numerous accounts like you came in here a little bit. I don't WanNA say risk is you're pretty level headed dude but you know you came into a new space as someone who I you know we. We talked about you coming on the show because I know how entertaining engaging in what's we unleash you to this crowds this group. You're going to be a a national treasure. Is your to bitcoin space right. You're just really exciting. Jimmy Fallon style. I appreciate so much you know. Now you hyper me up over here thank you. I also compared you Jimmy Fallon which I hate so you breed 'em all yourself. He's literally right there fair enough. We talked about this every time about the finish statement up. It's this it's that. Is bitcoin spectacle of it is. It's absolutely speculative speculative even if you don't want it to be speculative too bad. Had your speculating. That is going to go up. At some point you know and you know so because it is what it is and because it's it's that in that area once it becomes was non speculative it becomes a very stable asset. And you know let's be real people the fact that is volatile even when it's negatively volatile and when it's going down it's still leaves these hope that it's GonNa be volatile back up right. So that's we gotta take the good with bad because it can go down also allows it to go up. Yeah yeah like Tim Pace Ace in the chat whether they look at it and at seventy five. That's a great point because that gets people even more excited and I'm glad you brought up giving it to your family members in the path and I mean I'm sure you're known amongst your family as the Crypto Guy. Because you are the Crypto Guy Your your your Maine Man Joe Blackburn. The cryptovest belongs all of us but especially especially blogs Joe Blackburn. But do you have those people you know people. There are a lot of people that talk about how they dread the political discussion or something coming when I get home but When they go home for the holidays do you have someone in your family? That's ready to like pounce on you every Thanksgiving or Christmas to be like ha ha. What's up with your bitcoin? Coin now bud or someone who has been like on you about it and how. It's like not a thing and all that shit see it's really interesting thing like I'm I am the person who does that to everybody else right. And I'm so versed in arguments in so composed in being able to articulate. I thought that nobody messes with me right. If they're going to talk about it they're going to do it behind my back which is fine. Because I'll find him anyways and I'll hear about it but I don't I really don't I don't have the fighters now. I do have friends that I'll see during like Thanksgiving break that they're like. Oh bitcoin didn't they fall from my twenty thousand and they just make jokes. But it's I don't really deal with that the hateful a lot of others do have to and so. I'm more concerned about that political discussion before. I am a bitcoin discussion but I also have a lot of people who support me and they also have seen what bitcoin because I wasn't talking about them about Bitcoin with them at twenty thousand. I was talking to bitcoin talking to them about bitcoin. When it was five six seven hundred right so get a little bit of credibility with between there between those those this price about mark's? Yeah Yeah and I guess the tie it all in it comes down until like you know. Never mind just the normies because again. I'm I'm basing it from a newer perspective and I see a lot. The people in the community get pretty down because the pricing which I understand you know people. It's an investment people have money and it's it's like a lot to ride on sometimes but it he feels like people get super negative or just Kinda shut down a bit and then I feel like so what are what are your tips to keep the fire alive so to speak in some of these not as exciting times so you know we have to change changed the discussion and Jim. That was a really good point. You just made to like the conversation has to be able to continue right. There has to be that moment where you as an individual you'll figure out these are. These are the points that really matter about bitcoin. And that's an ideological and political comment con. It's a political conversation and and I mean it's not a political in a way that Americans politics. It's just a complete change in the way that you want to be governed and how you're explaining that to somebody else. Why that's that's important to you so mixing that you know without being confrontational and shutting somebody off? It's very very delicate. And the moment you start talking about if you're talking about price you kinda remove all the politics right. If you're talking about ideology it come. It becomes a political comment. It becomes a political conversation ideological conversation and audio ideology and politics often. You know that's kind of the same thing right. You know. We find out real quickly where people stand when you start giving perspective on why you believe in something or why you want this candidate or something right and it is no different than when bitcoins doing. Because when you start talking about your your privacy people can relate to that people can understand. Oh shoot yeah part privacy. Oh look at what facebook did and they had to go to Congress and explain themselves look at Cambridge Analytica. Look at all these other things things that have huge effects on our life right now. How do we change that? How do we take hold of that in cryptocurrency blockchain bitcoin allow that concept of starts seeping in right and so to me? It's supporting a certain style of interacting with people that I don't want to interact with right. They're going to try to interact with me one way or the next whether it be a marketer whether it be a a hacker whether it be somebody how do I protect myself in the most ways possible and this is a very basic way explaining. I know ashes watching. She could probably say thousand things to me right now but how I'm saying it wrong but I like like to keep this really simple. When you're opening up the conversation it has to be number one interesting and number two if you're gonNA fight with them they're not gonNA walk away with a pleasant attitude? Yeah I mean I have. Jim was the last argument with something about something with somebody that you already kind of disagreed with or did really find as a relevant or even maybe even then a credible point and be like. Oh well we just had this huge argument argument not now. I completely understand rare. especially if you're getting into Internet argument demand like it's even it's going to be even worse absolutely so you know it's funny because we briefly talked about ripple just right before we went live but I'll bring ripple up if I if I talk about P with somebody who does not know anything about bitcoin or Crypto. They're always like Oh yeah but but extra ripple and that's something I'll well listen. This is something I'll listen to and it's so funny to me. I mean not. Because they they they don't understand the reasons why I may have certain prejudices against it or whatnot but you know they. Hey look at it. Even though it's had a very similar path than going up and then coming back down as Bitcoin heck the bitcoin is gone down less than go has from. Its all time high which was three dollars and you know like sixty cents or something and now. Today's like twenty five twenty eight twenty nine cents something along those lines and you know I bring rip or they bring up rebel to me and it's a very different conversation because they feel so much more safe about potentially what ripple might do for the whole world and it's simply because of the affiliation with what banks are doing right. It makes them feel safe. It's familiar familiar. It's those same things that that crypto struggles with because the US isn't great ripple is familiar. It's something that they could feel like they can relate to or it makes it a little bit of sense and it because it has a practical application from the minimum that they know about it minimal amount that they know about it but even though that has such a negative in horrible you know Price price differentiation from. It's all time high the price of this today it they don't they don't take into effect that the same things that they do for Bitcoin like they forgive ripple certain things which Chom fine with forgive him get him in let them learn about the space the ripple. That's fine by me because a lot of them will then take except like. Oh Wow I see what the space is doing. So I don't have a problem here. Expertise even lower than I thought. Twenty two cents right. That's what Tim says anyways but Sorry for the long Turner. That's completely fine and pardon my ignorance a and obviously you don't have to get to do it but what is it about ripple that defended more or that is more familiar. Is it just what what is is it. Just well let's let's back up a little bit ago ripple and Ex Arpey are technically not the same thing. Okay okay there's a difference the the the the ripple network ripple blockchain okay is is is different than what the X.. RPI token is right now. I will admit sometimes oftentimes when I'm transferring. A certain amount of of of anything of of any CRYPTO is consolidated in the ripple. And then I send it because is fast and I love being able to explain to people how fast ripple as I have no problem problem with the the use case ripple It it exists. There's there's something and it to me the only use case I found a ripple is literally you know. Sitting my tokens for point eight. The point be and then disseminating back into other other coins or wherever or caching something out of I need to but you know ripple I do I don't want to hate all on ripple and say everything. The thing about them is bad. But what makes people feel familiar and what they okay themselves with is that it has affiliation with banks that is built around around transfers for banks from bank to bank transactions at a large scale right and to me. That's a really strong and great great conversation opener and I hate to encourage ripple in any way but if that's the way that you have to have a conversation with somebody to at least have them take you seriously I think that's okay right now. I mean I go on and on about things I don't like about ripple I I definitely have issues as what crypto and blockchain and and Bitcoin are supposed to or what they were intended to be. But that is that's very quickly dissipating like the blockchain is for whatever use case you want to as long as it's legal right and I got no issues whatsoever with with people having a conversation about about report early on right. It's just important that you also mentioned why there's differences and that's that should be its own show. That's probably something I need to bring Ashworth back on so she can explain. She doesn't really well. So yeah you think X.. Surpise going to rise from the BTC ashes or what since BTC's dead. And all I have to have to remember that we're on camera here I would definitely Glenn not here lies. Bitcoin a good run saying years. Ten Years Right Patrick's gotTa kill you in the early beloved. We are gathered here today to lay the rest bitcoin. I want straight crypto currency that drops below seven thousand dollars dollars and everyone says the sky was falling anyways. Yeah that was just like wicca. Further record everybody. Jim was actually playing the organ there so ashes on strike affair enough Exactly ten they only want it because they think it will make them rich. Yeah and that's a good point. Here's the thing. Yeah I mean if you get something twenty a sensor whatever yeah there's a lot of potential upside I suppose I- ripple has a at least one major run in it because ripple does have that quote quote unquote affiliation with the banks at least perception. I don't want to encourage anybody to buy by ripple and hold ripple long-term or anything like I said I use it. I sent from Point A.. Point B. I it's fast. That's what I like about. It ends there right does ripple have really big potential to at least reach. Its all time high. I personally don't think ripple will get much higher than it ever has already but there's a lot of space between here and there and if it just he reaches halfway to what it was which was three dollars and like fifty seventy cents. I don't remember you know that's almost two bucks. A dollar seventy right. And it's twenty two cents right now. Wow that's a lot. So on a investment side you know on a personal level. I look at that. I could see why it might be enticing. But I've been saying that since fifty cents and below right and all it's done is dropped dropped fifty percent in value or more at this case so when is a good time to buy it. I don't know if there's ever a good time to buy it because it's so I mean weird. It's weirder than all the other cryptocurrencies currency's my opinion. Yeah I mean again. I don't know a ton I it's definitely the one I always hear about. And even before I was Ah Looking more into the community in space. I'd seen it but again I I'm not a no way an expert obviously this. I'm not giving an investment advisor but you know on a personal level again. You know if I'm looking at ripple then look at Star lumens accelerate And the women's is something that I I love what they did last month when they burned. You know a third of their supply or even more I thought that was really nice of them to do. It said at least and I was really impressed with how they did that. An adult surprise Tony Body. They were doing it. You know so it was cool. You know I so if you're GONNA look into one of the aucoin like ripple at least go look at stellar but we could move on past that I just think that people should take ripple seriously in conversation because it's very familiar. People be prepared. Explain to them. Don't have to fight with them. Maceo don't buy ripple it sucks. No Man let them have their conversation if that interests them let them have that way of a bridge. It's an entry point into the blockchain space. And you you know if that's what it takes. Let them do it man. You know they'll figure it out or they won't mill. You're also kind of saying like you don't quite understand if someone can like try to shit on Bitcoin. And then and because they're like well you know look at ripple you know what I'm saying because it's like they're going through their own growing pains and drops and rises as well. It's all it's all kind of part of the space in general right. Yes I I'm hesitant to go into too much detail at on a big level but it does it does piss me off that people are so okay with having. This is where the media comes in the media is not against ripple the way that it likes to make make fun of Bitcoin. Right Adam obeys here everybody. I post thing here extra. Here's his comments. I'm unaffiliated affiliated with With any of these comments whatsoever and so within radio the laser Dude Adam obey see. He's saying yep now Adams good dude. He's been part of the community for a long time. Look let me let me give the extra appeal Army props if you literally attack them they they will forever never ever forget you and they will always be there to remind you that you said you hated ripple so you always built a careful so anyone have ripple radio DOT com. Ouch but that's really funny. Someone's going out now. Someone parked on it. You could buy it for thirty thirty three hundred dollars. If you're in the market guys fair fair enough all right Jim so let me let me ask you because I think your perspective and this is not just relevant. I think it is the perspective active. That is probably most necessary to at least Here here from because you're in between like you believe in you. You like this space enough to have interest. And you've sustained some interest. Chris and you're in you're out. You're still here right you know. And and your banking on your time being worth it at some point whether it be actually owning some some bitcoin cryptocurrency or participating bitcoin radio and being producing the show. And and and editing. All these podcasts. You know I mean it's not just a money space for you. There's some things that attracted you. How would you explain blinded like and you don't have to go into details but like do you find this as an embarrassment to you right now like if someone asks you you're like Oh man I hate having explain this or are you still fired up does this? Even you've been concerned you in a little bit no I mean mostly because You know hearing from people like you and other people in the space aced and of course listening to Bitcoin radio and hearing Whether it be I mean obviously we had said on this very show in the past like bitcoin. Bitcoin isn't necessarily the same as blockchain but just knowing a little bit about the technology where things are headed. I understand that kind of chain. Well you know what I mean like. It's not like bitcoin. has its own things in blockchain as its own things as well like seperation of two and also I guess ask from having some throughout the summer and seeing what happens like I like obviously this kind of on the lower and from my personal experience where I've seen it but I'm past the point of like staring at the price all day like like the first like month or so that I got a little bitcoin whereas I was just looking at the pricing and charts and being like. Oh what's this. Oh what's that now. It's like I'm like shit that sucks. It's down but I'm not like concerned -cerned really and I don't know I guess that's a good thing until maybe unless I ride all the way down to zero and then I'm like fuck I shoulda the known shouldn't listen to Joe Blackburn. Well on that you know. It's just like Jim. You got in at a time period. Heard where for the most part people were so pessimistic but they were momentarily happy right now because bitcoin had rose all the way up to almost fourteen thousand dollars. It was amazing. It was great to see that. Come back and if you backtrack all the way back and we bring this up several times at least a month you know if not every episode that we were at thirty to thirty three hundred dollars at one point this year. Yes that's the other piece to just knowing that where it was before Laura. I know it's still kind of coming out ahead of the game and then kind of seeing where it's going to go from there so even if you go back to January of twenty seventeen right and you say command. Bitcoin was at eight hundred bucks and then fast forward January twenty eighteen. We were like you know I don't know Eighteen eight thousand bucks right and then we came all the way back down and January. Twenty nine thousand nine. We were at three thousand something bucks right. There's one big big huge difference in all of those prices if you go back from the very beginning of Bitcoin all the way to today. There's only one year that that ever happened happened right. I mean it's literally just one year and it was January twenty eighteen years. You have major price differences. But they've all been positive price differences for the most part. It's just that one anomaly. And if you go back and remind people hey January two thousand eighteen or twenty eight hundred dollars you know January in two thousand and nine thousand nine hundred thirty five hundred bucks and he just eliminate that one huge price runup bad. You're not having this conversation at all. The worst thing that happened to Bitcoin and the best talk bitcoin is it went to almost twenty K.. Right that makes sense. Yeah Yeah and again from Michael in the chat. You must watch the price all day if you want to understand it. It's fluid ebb and flow prices. Part of its allure right now. I kind of get that. What I'm saying is like I have? I guess I'm not GonNa say the me I'm I'm holding. I'M NOT GONNA say the Meam says I'm just GonNa say it now. I'm not GONNA do that. That's that's to me now. I think bottle normal Normal so I know I'm just holding so I get what you're saying like that's Kinda understanding like what the market's at but I'm not at the point where I'm like stressing over right. I mean I guess if I was like a day trader or people that do that type stuff. Obviously it's all different story But I guess I'm just confident enough that I feel like it's GonNa Bounce back a you know the back story on Hoddle Jim since I mean sometimes I forget that you're you're probably not aware to all how all the stuff started are you. Were you around. Assume I. I assumed it was something like tone in the video game world where people would just mistype than it would travel and become much. Share this with you okay. So so I'll talk when Shirt now is going to say okay. Let me find the post. Let me find the post. I'm getting folks. I'm honored to be able to be the person that explains this suggest history. I actually kind of cool all right. Yep So hoddle which I thought when I first got in salt for the first time I thought I thought it meant something like hold on for dear life right and that obviously is You know it makes sense. And I'm not the only person who thinks that you know it looks like an acronym it doesn't say hold I mean if we're just holding something we would literally just say. Hold it right you know. But there's a reason why this exists. So I'm you know I'm going to send this to you right now. It is bitcoin. Talk Dot Org Forum. Hold on I hear Shit. Goes down the big Wayne talk form though he said it was yes. Bitcoin Talk Dot Org and that was the the original. Bitcoin you know. Hang out place. That was the decrypt coins writer of. Its Day right so here. It is the origin of Hoddle. And I'm going to send it to you and you. You should even read it out loud. How about that? I'm going to put it in the chat up. Actually just ask just put it on there. But I'm also putting in the private jet crash if you can click on that Jim I think you'll or copy paste that. Why don't you read it out loud for us? So is the the main. I don't have to read all these threads right. I just have to read this first thing. Yup and I want to read read the title. Okay keep mine everybody. If you're new to Crypto Ash Ashes posted the link But you can find all between bitcoin. Talk Dot Org work It's it's just search talk dot Org Hoddle and And two thousand thirteen separate t two thousand thirteen almost a year. Go ten. AM my time. I don't know what time it was where he's from He wrote this. I am hobbling go ahead and he obviously missed everybody. Just the record. Yeah Yeah Okay title. I am heartily I typed that title twice because I knew it was wrong. The first time still wrong what jeffs out at lesbian bar. BTC crashing crashing. Why am I holding Elia? Why because I'm a bad trader and I know bad trader? Yeah you good traders. There's can spot the highs and lows pit pat fifty wing Guangming Baton McMillan Mill No Bucks Chairman Lien. Their million in bucks. Sure no problem bro. Likewise the weekends are like Ohio. It's going down. I'm GonNa sow and then they're like doc. Oh God my astle when the smart traders who know what they're doing by back in but you know what I'm not part of that group when the traders by back in a Mardi par wait when the trade back in. I'm already part of the market capital. So guess who you're Cheating Day traders not me those time threads saying ooh you should have sold. Yeah no shit no shit. I should've saw I should've sold mall before every fell bob moments before every by but you know what not everybody is cool is as cool as you. You only sell in a bear market. If you're a good day trader. An illusion knew the people in between hall in a zero-some game such as this traders can only take your money of yourself so I've had some whisky actually on the bottle. It's spelled whisky. Whatever sue me but only if it's payable and BTC so what did you say man? This is great story. I mean I guess I was Kinda correct I was a little right. I knew it was like something to do with probably Typo but yeah I like that. He the stories a little bit deeper than that because he kind of saw the Typo but he was just he was is drunk he was just had it with this kind of had it with it. But he's also given in and resigned himself to the life he's living and spilled his guts out on a form orm everyday appreciate that now and Jim. Obviously I should have shared that with you in private private. So you're not seeing for the first time but I think it's catcher that and it's raw element you know but to me that's a really important aspect of where we are today like. That's they I that mentality is the holders mentality right. That's the way that you should be thinking about in a lot of ways. You're I'm not. I'm already part the mark capital. I'm not adding to or taking away from it right and guess what if everybody just quits stop selling bitcoin. I know Ashley Argue with me on this but if you just quit selling your bitcoin folks becomes more rare and if everybody just stopped selling bitcoin it would almost be priceless like there would be no way to put it market value. On right right you gotTa have some cell but just enough just to keep the price going up right. Stop Selling Your bitcoin traders. This is really on you. You know when when when price goes down it's the traders is the sellers Utah Utah causing your go down and this community small enough where you could pretty much go find everybody who sallied Bitcoin for the most part and you can see the wallets that are dumping their bitcoin. Bitcoin and therefore you know you should. You should be really You should be really aware that you're hurting everybody. When you're selling that much but nevertheless it's free market you can do whatever you want? And that's just my opinion. You can do whatever the hell you want to do. I can't stop it. Yeah Fair enough. But you're taking food out of my child's mouth who just being dramatic I do you take it out of my child's house arrest In Tim obviously in terms of trade or one of the great ones. He's somebody who I respect respected journey and I think it's amazing obviously trade myself and I'll sell bitcoin. I got paid for something you know so I mean I'm not immune to to selling bitcoin. I just think that you know the traders focused on the price to an extent that it really manipulates it. Down Right people are going to assume it's going down so they're trading and they're selling more than they're buying right now because they expected go down because the sustainable influx of new money. It just doesn't there and so by default you're not going to have the Bulls win more than the bears. You're just going to have the Bulls win in massive droves for short amounts of time because the bears will drive it back down and that's the problem I have with it all. Fuck the bears right it. Yup Yeah in every cell is a by everybody has a cell. Liquidity is crucial. I understand that concept but what if we did not sell I mean it just makes it harder to buy it makes it more rare and at some point we're going to be in a situation where it is rare and people are not like how how I mean you could always go find gold right but people aren't just taking gold the gold market and Saint by my gold and then buying it back or selling selling gold and buying it back. No people do trade gold absolutely right but but they're not doing this on a on the magnitude of Of the way that Bitcoin is at least in the in the sense in they. If you compare the amount of people buying and selling into the actual size of the cryptocurrency space and then take the gold space amount of people who have bought and the amount of people who are trading it. It's a much shoe. It's a huger way way bigger a massively. Bigger amount in crypto than there is in the golden silver markets that are traders that way so well at at the end of the day. Then do we panic or do we not panic. No you just wait until everybody realizes. Bitcoin is the thing to have again. And then it reestablishes a new a new bottom autumn and a brand new all time high and I think that all time highest one hundred thousand dollars very is there a price point where it's okay to panic. Let's say how do you go if it's if it's below if it's at like twenty five hundred. Do we panic a little bit. Well that would mean that we lost our previous bottom right so a little concern. Obviously when you're at twenty five hundred dollars compared to seven thousand dollars at twenty five hundred our bitcoin you know every hundred dollars is a lot more of a percentage than it is right now right Orange Virginia to buy more well it is I mean. Look what if you told people people in July that you could buy Bitcoin at twenty one hundred dollars right now set of fourteen thousand. How would people feel so the relativity of the the the price ice is is immediate for people right and look? I also agree with Michael What he just said margin trading killing the Kripa space? I think it does bring a really negative additive in pessimistic. Bearish tone to the whole space. Because you're you're first off your trade with Bitcoin not yours you're borrowing and secondly you know the crypto exchanges They want you to lose right and You Know I. It just adds to this negative sentiment and long-term you'd a lot of newbies go and Blues Bitcoin and then it goes to people who are going to sell it you know rather than hold it. Most people who go and lose bitcoin exchanges are not you know season traders obviously because those people know how to limit themselves not how to take big losses. They know how to to set themselves up for wins and be happy when they're up one percent rather than fifty percent you know some people expect and a hundred dollars and you want to make a thousand. That's four hundred percent profit folks can happen. Sure you gotta be exactly right though every every time you can't lose and you gotTa make sure stop losses and you know if you're only bet with two hundred eighty bucks. Fifty Bucks isn't enough. Even though fifty bucks on two hundred fifty s twenty percent you know shit I mean I it's relative but it's you know people lose that when they go to Al do it. Look I got one hundred extra dollars in Crypto. Guess what I'm doing I'm GonNa go roll my dice on the Great. BITCOIN exchange called oil. If I was allowed to it'd be I'd go to bit Max. And then one hundred x one hundred hours and try to make a thousand bucks a day just off one hundred dollars because it's fun and it's engaging keep my mind busy And you know up to Michael's point ultimately it's cell I lose and then it's automatically going. I went to an exchange that selling it you know. Well Shit. I lost my thought was going to say is I. I guess one of the better places to be and I'm saying this kind of facetiously. NBA little sarcastic is to be that guy on the sidelines. Because you know there are those those guys on the sidelines like you said when it was hitting you know thirteen in July or whatever the fuck I wish I bought at seven but then when it drops at seven like like how many of those people actually do buy at seven. They're kind of like those are the same people that are like well but it's done game over it. Yep Now It's a good point Jim mcgann and it's people they ride on their motions in this. You know. Think about the person who bought five years ago closed. Her eyes is closer computer and didn't look at until today. How how do they feel right? When big was at four hundred dollars you know six hundred bucks whatever it might have been and you know again ashes furniture after? I know that I'm gambling on that and I'm expecting to lose one hundred dollars for Tasha's point. She says the difference is that you know you're saying that you know capital letters gambling and and tempests. I I hope you you You get the Sarcasm in gyms pessimism in some of his sarcastic remarks about bitcoin dying you know. Obviously he would be here if he'd literally thought that and if he was We would have an honest conversation about it but I don't think he actually believes that. I don't want to speak for your job. No I'm just I'm playing up. The I'm just kind of playing devil's advocate advocate to a lot of things. I'm all set holding up the environment. What I'm seeing people in the community animals will just trying to get Joe Blackburn? A little fired up. Get them a little rowdy. See what he's GonNa say. Well my folks house. I can't get drunk as I'd like to It's a I got my kid and You know I gotTa Take Care of her so I gotta got to be low responsible so I can't get as loose as I'd like to but but also to what you said Jim is that it's also important for people to hear me. Have that conversation with Jim Right. I think it's I mean we're we're we're keeping it simple and we're not gonNA have a super long tonight in fact we're probably GonNA light winding down here shortly but But I want people to feel like they can reach. If you're having a problem with with something or if you want to explain something specifically I know myself as Rolston ten pace among many of the people that are watching tonight and commenting you could just find one of their comments and you can probably feel really comfortable going with them. you know and You know we're going to them and asking them to help you explain this to somebody you know. Tell me what. Your problems are. Common Questions We'll have this conversation conversation. We can have it with them. Bring them on live. If you want to do a live over Thanksgiving dinner. Let me know that could be great. TV Bro. I'm out you know and and ask them in my dad's office. I'm not in mind so I mean I don't mind showing hold on. She wants to see you know line over there. There's another one over here and it's hard to see him. I'm from this point. Those are Alabama Mississippi. Dear the way that I like to. But we're very proud of all of our animals and we are outdoorsman and we respect the environment that the the wildlife and the the wonderful thing that is The Woods I mean it's just it's it's in my blood right so we like to. I don't like to go and bike helmet. That's been through the processor Jim. That's that's that's been injected with steroids. And I like to know that I have honest real meat coming. I'm from you know the the God given you know environment like I love it. You're going there. You're chopping them up and going through the the whole butcher. Sure thing like you're you're you're buring it. Yes it's too Yucky. It's not it's not like somebody's got to do it right. Oh no no I agree. Someone's it's almost like against I'm not against like eating meat or hunting or anything like that. But I'm just thinking like Yucky is until Oh you realize like everybody in human existence until like a couple of days decades ago was doing this to survive literally daily habits. They they had to keep by. They didn't have refrigeration or freezers. Either a hundred years ago they killed it and ate all of it or they smoked it which took a lot of work to you know. Oh and so. Many people were saying here about Bitcoin on computers and Internet money and Christmas. And how you get argue with people and we're not talking about. How are we going to eat tomorrow and staying alive for the next winter right? I mean we're really lucky to be in this day and age. I mean life is Kinda cool. I've seen into the wild he. He killed a deer but he didn't know Even up in Alaska. You didn't know how to keep it fresh enough so to get bugs and maggots already lost it. All right. Yeah and he was really upset wasn't he. Yeah that's why he died exactly. Why Fortunately Got Russell or apparently but anyways we can move on from our delicious talk about meat I know not everybody? I'm not trying to get into arguing about that. Joe Wants can eat him alive. I actually don't chicken. which is odd? I mean I'll have some chicken. I'm not against chicken. I just don't like chicken from the store. I don't have a problem with it so manella but that's not to say that I won't go to Popeye's and get chicken sandwich overrated. I haven't tried it yet. Yeah me neither. That's what I mean it's overrated overrated. Well I'm not but I know I know it ain't worth I mean I know we're we're not talking about crypto right now but I know any worth waiting in line almost getting beat up or whatever. I know. It Ain't worth that especially you're definitely get beat up Jim. I'm sure you could talk your way out of it. I would just be like get out of my way by Bitcoin. What give my chicken sandwich? POW is now but CHICK-FIL-A. I'm not I'm not a big chicken eater so I don't go there very often. I do like how they put their pick on there. There's just something about chick-fil-a tastes. I don't really love their fries. Which I'M GONNA get probably killed over so I don't go to Chick-fil-a that often I do like Popeye's because they sell shrimp and I like shrimp so I'll go to Popeye's Popeye's before ever go to a chick-fil-a but I mean I I try not to have this conversation too but I just I find like Popeye's probably does chicken sandwiches pretty good because they're really good at making things really fattening and really yummy? I'm sure it's good. I'm sure it's good. I'm just I mean maybe the hype died down. I'm just at the time when people people are waiting again in our line or something like that. I I ain't about that life experience it's about the experience lame experience I mean but there's many the things that are Lennox differences that individuals find. That are cool. What would be a cool experience? I'll wait in line for Disney ride and that's cool and kick gas okay not waiting in line for a dumb Popeye's Sandwich Marshall. If you're listening right now you wait in line for more than thirty. He minutes for a sandwich. I don't like you well I will say what would you wait in line on when it comes to food Well I have have waited in line at trendy spots before I can't think of any of them offhand ooh I waited at in Nashville. What's there it's the touristy chicken that they have had he beats? I waited in line for that. I don't think it was that long though but I mean at what point do you find Jim like like this is too long of a wait. it's a good question. That's a great question I guess it depends. You're talking about just for food. Yeah just for food like I've been let's say I'm not saying it specifically to a restaurant not Popeye's but like if you wanted to go somewhere what's the point where you're just like it. This isn't worth it probably. It's it's tough because if you had a sit down restaurant you're fine with waiting but you're talking specifically waiting in line nine. I mean whatever I mean I'm not being generic here. Is there a certain a point in timers like okay. Eighteen probably thirty minutes thirty minutes would be the cutoff. Okay Fair Enough Helena. DRUCE has had Abe's was put chicken would open on Sunday. Yeah we agree. That's part of the visas. Great Ahead Hattie B.'s. Aren't you an even a Nashville boy right. But I'm not a chicken eater so Gotcha Gotcha but I've heard several great things about it. You're not the first person bring it up. It's it's or at least nationally famous and I. I don't mind waiting in line. I JUST WANNA wait in line more than like ten minutes so if I automatic I don't I I actually have more patients than you for a line. I mean I was in Austin in September and I was almost going to go to Franklin's barbecue where that is pitched like you're gonNA wait in line but it is like you would. We're saying an experience lead supposed to be part of it but I ended up going to a different place. Ace where the guy was taught by the same person who taught. Franklin's argues amazing of course and a lot of his touristy now news but barbecue is one of those foods is that I will wait for And I won't complain that much anyways but we're getting way off topic. We can wind up on the hour and I know we both have things to do. And I'm at home with the family. I know a lot of you are finishing up work. Maybe hit home tomorrow again. Folks please be careful. Please be safe best-case if you're not necessarily celebrating the American tradition of Thanksgiving you're somewhere or else or you just don't WanNa do Thanksgiving whatever. I still hope that you have a wonderful week and I and I hope that you're telling everybody about bitcoin. If you need help go to Bitcoin for Christmas there's a budget documents Humi- you know. I know you could reach out. People like Ash. She's got a wonderful educational thing with cryptic and you know obviously friend moderator drew. Michael might have some news about him. Coming up drew. I'm glad you watch tonight anybody else. If you guys got things going on Andrew P I would talk great things about you but I have nothing to say. Oh God him. anyways now may manager tend to go back to back and forth all the time and I appreciate his insight fullness. I'll leave it at that and we'll and we'll we'll until next time all right jam. This is bitcoin radio everybody they'd BTC. Were bitcoin lives. What we Miss Jim? Anything else why you just want to call it. I think we got on that food tip because we're already in Thanksgiving mode so we're yeah. We're already getting ready for a feast east but yes the CRYPTO verse people. It belongs to all of us especially you're in these Down Dark Times even. This is obviously not the darkest time but I'm just saying people get pretty down. But the crypto verse belong to all of us. We know we're doing for we know Joe Blackburn's doing for it what are you doing for it. W._B._Z. bitcoin lives. The wait is over next time everybody.

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eps.052 - LIVE - HODLERs Are Insane?

Bitcoin Radio

1:05:02 hr | 10 months ago

eps.052 - LIVE - HODLERs Are Insane?

"You know sometimes I just wish I had ACDC don what's up bickering radio. It's your man Joe Blackburn and we are live here with Jim Scam Poli for the W. Z.. BITCOIN radio hour here on Tuesday night for most of us those of you in Europe. You're already experienced early morning if you're still with US hopefully you've had a few drinks and you can really enjoy it so anyways what's up. How's it going tonight? What it do? It must be Tuesday. bitcoins making everyone go crazy or scaring them away. So you know it's time for a little will live cast stem I wrong. That's right. No you're exactly right you know. I walked outside. Hoping there's a full moon to explain all the nuttiness and even my friends going nuts like they don't realize the things that they're saying and the implement implications that has on everybody else you know when you say things and your leader in the space whether you're in C. C.. T. or whether you're on twitter if you're say things that really like they really directs the narrative or at least the sentiment. I think there's a lot of responsibility falls on on on people with voices these days to really you know you don't have to lie. You don't have to pretend like everything's alright house. Fire the House on fire but the house isn't on fire so I don't know if you keep acting like it is kind of a crazy. Yeah I know it can almost be like a broken record around here but it's like you know I guess it would be you better. We'd be better off. Maybe if you know bitcoin just did the steady uptick instead of like jumping up till like Thirteen and then Kinda dropping down a seven like if it was just kind of naturally progressed to where it is now from where it was the beginning of the early in in the year ever will be psyched right now. Pretty bombed and not feeling it that kind of their their Their their cashed out there checked out the they don't want they don't want they don't WanNa talk well anyway but if you do if you do talk to them they're going to be pretty down. I guess it's all relative you know some people might it might just be because they bought in pretty high and that's always tough place to be. But what are you GONNA do. But let's not most people broke right. It's not like that's the majority of the people we know in Bitcoin. You you know. And that's I guess that's probably the most frustrating thing for me is that I'm dealing with folks that got in thousand two thousand five thousand bucks and you know it's like bitcoins dead and we're like Bitcoin isn't dead. Relax folks lives good. We're GONNA be okay and guess. What else the queen's GonNa be here tomorrow the next day and there's nobody who can get rid of it literally? Jim Think about that. Nobody can get rid of it. I mean if Congress wants to talk to Bitcoin or associate associate Komodo or are they going. I mean there's literally there's no CEO There's no employees. There's no customer. It's just a bunch of people who want to transact peer. It appears I. There's one thing I just saw right before We started streaming here one of these headlines. Here I guess S. according to rhythm trader that's a twitter at rhythm twitter trader there. The headline here is that Hodler's are insane Sixty four percent of bitcoin supplies not move since two thousand eighteen. So what do you think about that. The fact that people are holding like that. I don't know if the the context texts there is that you're insane because they didn't sell like when it was higher or even now if they bought low but isn't that kind of the the idea the ideas supposed to be holding. We're just we're supposed to tough it out here because we're onto a greener pastures okay. So that I mean I I I think it's a really relevant relevant. That's really needed question to ask and I'm appreciative. You asked Jim if you were to about bitcoin nine seven years ago and you never looked at it again. Are you happy today. Yeah yeah you gotta be right if you bought bitcoin a year ago just as you noted right and you close your computer and you didn't like the press bitcoin. Are you happy today. Yeah absolutely all right and and so these same people who are telling us that we're crazy. Probably like last month woke up and saw the light that bitcoin was probably going to go back down for a minute. And now we're the crazy ones and I don't have a lot of respect for people who come out and you know you're crazy dumb ass like give me a reason to believe Bitcoin isn't isn't GonNa go back up and if you think that you're going to catch every topper every bottom your immediate. There's a few of. You probably aren't listening to this show. But there's a few people in the crypto verse. I that are that good. I know one of them but I mean he is. He'll be the first person to say he can't catch every top or bottom. I refuse news to play this back and forth game with Bitcoin. You know the reason why we read it last Couple of days ago when we read the Hodler. You know why the Hodler had exists. Why it's called hotter and if you didn't listen to the last episode when When I had Jim read it out loud everybody it was well worth the It's well worth the time or or at least go read. Y Hoddle exists where the origins of Hoddle is. But you know that person. He's like I'm not part of the person who wins or loses. I'm literally holding already part of the market cap and I'm not changing it right and that's not crazy folks. That guy was back in two thousand thirteen. You you know I think twenty two thousand thirteen fourteen when he wrote that and everybody was calling him an idiot and crazy. And and you're you're you're insane for not selling or your say insane for not knowing that the top and he's like you know what I'm too drunk to care. I'm not that good of a trader. I'm just GonNa hold and of staying principle. It literally applies is to today. You just don't know what happens next. That's the only difference so I'm I'm very very confident when I say this that I believe Lee. Bitcoin is far from over. And it's got plenty of room to grow up in capital and a market cap. That's not the only reason why in Bitcoin. But but that's the reason why most people are and I'm okay with that you know You've got to have a pretty pleasant experience for this to literally like a appeal appeal to you for the long term. If you buy in at all it does forever is just go down well. Obviously it doesn't matter what bitcoins doing. If you're just losing money constantly I mean it doesn't make any sense financially but on the other hand you know if you are able to experience in maybe capitalize on some of the gains but see the long-term vision recognize that bitcoin every time someone buys and holds it guess what becomes more rare you know and you know McAfee. He often says this and he makes it sound so simple. But it's really it really he is that simple everytime holds there's less bitcoin available to buy and as as any market does rarity increases increases value. or at least perceived value and so the more rare is the more people are willing to spend on it. The more that people tend to foam. Oh now now. That's a human element. That's not a market element. That's what humans due to a market and charts are not you know alive charts or just representative lines that go up and down based on human behavior so and of course I'll slow down hearing kind of transition thought and get your perspective on what I'm saying here but Jim. It's as simple as the math problem that that John McAfee says. But it's also this. It's simple as every time that I sell bitcoin. I'm contributing into that To to that market going down and I know a lot of people who buy it they see go down fifty bucks and then they sell it because they're scared you're I I see a lot of people who go to Bit Mix or they go to by better one of the other exchanges that you can leverage and you know I sound like I've never participated in some capacity and levers trade but you know it doesn't help when you short bitcoin at one hundred x right like what are you doing. Do like relax now. Ultimately the way all supposedly control everything and so if the whales control everything they also want it to go back up so you got to pick and choose folks anyways. I'll stop by being so long winded. Jim I appreciate it. It's informative Because look like what it says here. You know roughly eighteen point. Zero eight million bitcoins have been mined point. Five eight million or sixty four percent of the supply. I has stayed in the same wallets since twenty eighteen. I I mean I guess since that more. That's more recent. Would I mean I. People people always talk about like the amount of Bitcoin that was just Kinda lost the ether Like whether it be what people lose their keys or whatever it happens around that is there a is there a general idea of what kind of percentage that is on like what was just Kinda gone. What's just Kinda gone? I I know it's around four million in Bitcoin. Okay I mean I. I say that I don't actually know. Everyone can only be guessed amid eh anyways. Even if someone's like really studying it I imagine all right and if there's anybody who is listening if you WANNA come on for five minutes have a chat with us. Give us some thoughts. I can send you a link you could hop on you can cover your camera if you just WanNa do your you know your voice. I'm okay with that Jim. I'm sure you are too Bida but going back to your question you asked about. You know how many bitcoin actually lost between three to four million supposedly. I don't I have not overly verified that I don't know if it's even possible but there's a lot of bitcoin that hasn't moved in a long time. But what I love the most Jim is. This is that there's a bunch of wallets like you can never truly empty your wallet out right like it's almost impossible to take all now some some do allow you to hit. You like send Max like an acquaintance. Let's do it etc but there's a lot of other wallets. What's that that you know you try to all your all your bitcoin like? Oh there's not enough money for your minor fees and they want to make sure that there's enough your pre to send it so they're not losing money. Whatever might be right? Well what's left in there even if it's like fifteen so she's okay. That's called dust the dust of a bitcoin transaction his action and that dust is going to continue to collect. And it's going to be in wallets like I mean just imagine filling the whole space up at some point. Ain't there's GonNa be like two to five million or million bitcoin's worth of just dust so I mean that's crazy the main that's not even projected it's guaranteed to happen. It's like we'd Resin exactly but you like you can't go get it out. You're just throwing Wahab tweet is wasted. Yeah I mean if you're if you've got a real scavenger out there they're going to try to scrape as much residence. They can together. Maybe they got an off week be kind of collective. Let's take the collective of everybody WHO's smoking weed out there. Jim Right yeah. I mean how many people are literally scraping the bottom of the barrel for throw it away. Oh no percents. Yeah exactly. That's a nice analogy way to put it but so that just stays days. There's nothing you can do about that. You don't have enough in there. You gotTA ABC Bitcoin End to send the rest out. Otherwise it's not worth it. I mean you're GonNa go sin ten cents somewhere. Yeah that's true. I've got actual accounts that probably have like a couple of bucks. I've just left. It meant right. I mean but the point is I have I I would venture to say hundreds if not you know salvo hundred wallets of some capacity That I've left Crypto in and I don't I don't remember how I mean we're not talking about left a thousand dollars we're talking about I've left you know between you know penny and and Ah five bucks in between there where it's not even like I'm not even thinking about it you know and unfortunately unfortunately for me. I'm not in a situation. I'm not saying that others don't have a reason to go and get. That should go and collect it. You know because I've got one hundred wallets with five bucks and that's five hundred bucks little bitcoin right so obviously I would want to consolidate but you're still GonNa Leave Dust Austin those wallets. You're still going to. It's impossible almost impossible to get all your bitcoin out. Just because the wallets account for the transaction fees that that. Make sure that you when you send. You're not hurting the network right so therefore you can't literally send all your bitcoin and less you're you're risking or the wall risks. You know you being able to to make them or make somebody else pay for it and that's not the idea you can't do that so and I don't. I'm not a Developer people as you know. I'm sure that there's something maybe it's even built into the bitcoin network. Jim I don't even know. Let your flight the resin at the bottom of a bowl of we'd you know when you scrape it out and you just dump it right. How much is wasted? Because you're too lazy or it's just impossible to get the rest out right. Yeah Yep and so as that continues as the build it just in transactions alone you are losing out on a small small small small piece you know but just like the guys in office space right. What are the guys in office space? Do they took like sent. Off of like every transaction there was like hundreds of thousands if not millions of transactions and they made a little oh but of money beat up their computer which is also one guy the red state bore guy. They beat up the printer or whatever. PC's a letter with a fucking exactly just met the guy the red state dudes who was actually felt like laundering. The money out of with the money. He ended up Well Yeah because I just one other thing on this article that we're talking about here because it does say that I mean besides them saying like hot. Hodler's of last resort are insane because they're saying that according to the data the amount of dormant as a percentage of the total supply has sharply increased in recent years the trend has remained intact during both bull markets and bear markets signalling the desire among investors to save rather than spend regardless of profitability. But like. That's kind of good news. Isn't it like that. That's just saying that a lot of people kind of understand. I have faith in Bitcoin and they're not just about the day trade or the You know sell and low by the endless They kind of believe in it so I guess even something right now where people are Kinda down because the price is dropping. You're kind of going sideways. It means that there's kind of a light at the end of the tunnel. I'd say the majority yeah. Bitcoin doesn't move right. Yeah coin based says a really good job for people who are not if your money's in coin base of your bitcoins in coin base. I'm not going to get into right or wrong. Smarter Dumb but you're more than likely a really casual very casual. BITCOIN owner right. Somebody somebody who may be either took a chance. Hey may look. I'll put twenty five hundred dollars or I'll put two hundred fifty dollars and we'll see where it may be one day's worth you know three thousand bucks who knows or you're somebody who literally you know just likes. Bitcoin knows the idea. There's very little that you can do with your coin based bitcoin right. There's just little you're just so limited and also us every transaction you make is taxable taxable event right. So you're putting yourself at risk to having a lot of potential tax or maybe you know you need some some tax deductions but but because of the nature Quin base which is the largest. You know Wallet in the United States and at least I mean not that you can actually know that right but the the largest legitimized and acknowledge wallet of all United States holders. It it makes. It should make you feel really confident. Battle continues to get bigger their stash now that that actually that number that I saw a year ago may have changed. Maybe it's cracking now. I don't know Polos even a US company opening anymore. But I mean whoever it is obviously coin base has a huge influence in how people are holding their bitcoin and the majority of its uncle. In my opinion I don't have the exact numbers of running. Jim Let me tell you yeah. Coin base and I'll stand by every I don't care what their fees are. I don't care how much Cossio Detroit it's not a trading platform. It's a hot rolling platform and the more people that are huddling bitcoin. It only requires a little bit of interest can make it very hard to get some now right now. Interest is declining on a momentary basis. Right prisoner of the moment. That's best crypto in general all. Oh I've been seeing for the last month and a half. Is everybody using the term prisoner of the moment. Now obviously this has been around for a long time but it feels like it's like the cool thing to say on news on on sports right now. I mean someone called me a prisoner moment when I was talking about Luke don-shik playing great basketball by the way he had thirty points in the end of the third quarter today which I thought was insane. We're talking smack to me that Lucas. Not One of the future greats anyways. That's irrelevant but to the point of being a prisoner of the moment crypto currency not holders and crypto currency traders are different types of people and traders literally are prisoners of the moment at all times. And an Hodler's trays can say what they want. They just want everybody to think that the price is going down so they can short it so they can make money off a you selling and then they can buy it at the bottom and they can take advantage of your dumb ass selling all your bitcoin just like the hot. Oh Man said you're not GonNa get me. I don't care if I've missed the top and I'm not not going to worry about catching them on him because I'm already part of the capital market cap and I ain't going nowhere folks and that's how I feel and if you feel differently. Hey it's your prerogative but you know what. You're the idiot for not believing in Bitcoin. Because all it's ever done is prove us right. And prove you wrong skeptic asshole in the end that fire going again that getting that getting that fire lit now do I sound. Do I sound like I'm telling you the truth like you believe. Believe me when I say that. Yeah absolutely I mean I mean like I mean I'm I'm again a lot of the opinions and we're talking about price and we're not talking about the reason why Bitcoin Queen exists. But that's okay that's the majority of reasons why people exist in the space though. I mean especially right now like as far as discussion wise. I mean something like this this like I the reason why I wanted to talk a little bit about this article is because I it surprised me because everything's perception obviously right and and obviously we like seeing what people talk about online. Even though a lot of those are more of the loudest people they Kinda it proves that they represent the minority because most of the poster Sir most of the discussions or people sharing their graphs. And you know you're there. Yeah there charts INS. I look for the record. You know a a gym I love it. You said because you're not wrong like what you say it says you're perceived explanation of what's going on. You're you're awesome personalities. While I like doing these shows shows with you but you bring that that genuine honest question that people are afraid to ask and I applaud you for just your balls because obviously I don't know how big they are 'cause I've never seen them but and I don't intend on on seeing them either but you're but you are a A genuine honest bitcoin order whose brand very new to the space. And you've just been doing radio in and talk shows for the last decade. If now longer and so I enjoy having your presence on here but in in your fun to talk to thank you yes yeah cool to Jim. Thanks yeah so it just tough because you know that's what it feels like. Everyone's talking about I mean I guess even when things are up that's all everyone wants to talk about to at least as far as In in the public discourse it's all price price price charts you know. Where do you think it's goal? No and I think it's going to the moon. I think it's I think we're back to twenty five hundred so you know people do want to hear about it but it is interesting just if you're breaking breaking down some of the numbers that most people are kind of ignoring that because they've already made up their mind they're in it. They're not they're in it for the long haul enough for the short short gain. I look and I don't WanNA compare Bitcoin to like NBA or Major League Baseball trading cards right. But I'm going to use this the perception at least most people who've made a lot of money off baseball cards. How did they make that money? Like let's just be generic like I don't want to like pretend mike either. One of us are experts in that industry. But you know if we're not talking about the person who made it a business we're not talking about the person who created business around baseball cards but did if you are baseball baseball. There's a lot of people who made a lot of money off baseball cards for the record You know like people can bash on her call Dorky. Whatever there are millionaires who have been made off a baseball carts? And it's a it's a niche. It's not going to encompass a whole bunch of people it's maybe a million people in the entire you know. Maybe there's three million people collecting. I don't know I don't even want to guess on that number because I'm not I'm not that into it yet. But how do you think those people who got rich off of owning baseball cards got rich. Just kinda minding their own business and collecting their stuff and then what they probably at some point either forgot about it yes or for they were just alter collectors who had just unlimited UNDIS- like disposable cash that they could just like you know and they could have for fun but more than likely you you were. Fourteen years old backward Mickey Mantle was playing you know by the Nineteen eight thousand nine hundred ninety s rolling around peak of the industry where everybody all of a sudden Sunday. Call the junk wax era right and that's because it was so over like overly done. They're printing Ken. griffey junior cards that were in nineteen thousand nine hundred eighty nine cards they were still printing them and nineteen ninety-one. You didn't know that right because you thought they were GonNa be where you had like. Super Genius is going out buying two hundred Arkin griffey junior cards in nineteen eighty nine thinking. They're they're GONNA be worth two hundred thousand dollars one day because he thought that they were gonNA be rare. Here's thing the person who was buying you know the Mickey mantles also just collecting them. Just 'cause you enjoyed it you know using their disposable income whether you're twelve or whether you're twenty-five or whether you're fifty you know by the time they were worth a lot of money you were you didn't buy the day before and become rich. The next day Mickey Mantle had long been you know retired. Mickey Mantle was done nineteen fifty nine. I think McMahon was one of the most popular or not popular but one of the most expensive baseball cards out there. But you literally at some point probably just forgot about it and then either you for your son or daughter found them in the attic and like Holy Shit. I've got some damn baseball cards from thirty years ago. That might be worth something. Sure enough you're Mickey Mantle Nineteen fifty-nine Ribs Card because they through half of them away in the in the Atlantic Ocean because the business was so bad literally the guy just threw half of them in the Atlantic Ocean. The the Guy Mr Tops. You know that cards worth a million dollars right. Maybe you had six of them and all of a sudden now. I'm not using that to say that bitcoins baseball baseball cards. But I am saying though is nobody got rich. who wasn't scamming or running a business? Nobody got rich overnight in in Crypto. Unless you're really lucky and of course there's that baseball card collector that walked into the you know. The antique shop bought a box of cards. Who did find that Mickey Mantle did get rich overnight? But that's not that's not the the ordinary way this happens and it's the same thing and at least concept with what Bitcoin is if you believe in Bitcoin minded going down because you can by some more. You just don't or like back to the Mickey Mantel thing you're the Like Scam Artists Guy. That's like wandering through an old ladies garage garage sale. And you're like WHOA. You spot the car like I mean I guess I'll give you like five bucks for it or something like that. It's like okay. These old old things give me a dollar. You can have them but the great thing about using that analogy because it's the same thing that happened with like comic comic books or even like Star Wars toys but the problem with those things is then at the time obviously no one knew they. They're gonNA have any value. You know the like you said. They're the tossing them in the ocean. Because they're like our businesses is Bullshit or there are the kids putting them in their. We're bike spokes. Because you know like this is just a stupid car. This isn't going to be anything but then you know you get to the nineties or late. Eighties early nineties. When people realize realize some of these things were valuable comic books baseball cards stuff like that then people fled the fucking market with bullshit you buy you buy your like gold plated card? That's is limited edition and You keep it in the plastic or whatever but something like bitcoin. It's like the opposite because I mean I guess you can maybe count shit coins lanes as like the version of the access right. Yeah but the but the other side of that is like I mean especially coming from a newer perspective. They have like people. Don't understand that there's a limit on people understand. P people know because they hear it they hear about it in the news they see the headlines when the price goes up and people start talking about it but people don't understand that there's a limited go and printing griffey junior cards for two more years afterwards impossible so it really will like if you're at least at this point if you're someone who's you know buying some here and there you're sure well ahead of the curve so don't try to get too stressed out on the price dropping because you're a few steps ahead I mean I even consider myself fairly new to the space a few steps ahead from the majority of people I completely agree. Now look and just to kind of go back to this baseball analogy analogy which I I really. Don't WanNa compare the complacency of a baseball card industry to how serious and how big of a deal bitcoin is because bitcoin is is a revolutionary pollution-free idea for people to transact baseball cards are a hobby. That don't matter right like this is a disposable hobby if you're doing it for living you're either a really bad ass. Businessman has been able to kind of put a lot of money up front because he made some money. Or maybe you just traded your way up to the top. I Dunno Gary v Your check what am I. Oh You know my Entrepreneur Heroes He's a huge car collector and always has been but he took a break after the junk wax era in the ninety s kind of got to to him like a lot of people did including myself. I was collecting a kid. You know stop doing it it just I got I got older so it seemed like it was kind of too old but guess what today even even through that decade of like just trash the baseball and basketball court industry is the strongest. And the most expensive that it's ever been and all was that I just that's interesting because I wouldn't even think that at all because I haven't thought about this. I was a kid exactly. Yeah and we're not talking about and this is what he was saying. I listened to one of his unreasonable today. Because I I've recently kind of got back. My brother's been cloaked in court spurs pretty much entire life. If I've always kind of like you know pointed out and be like how's your baseball cards bro. You know. And then he's like bitcoin business. Doing Bro brought to man the come up as one of the reasons why I bring up this analogy is because he I mean it makes a lot of sense to me. Is that you know Jim I look at. We're the baseball and basketball card industry as in you see these new kids hopping into it and Gary V was was saying this he goes if you look at the sneaker culture right. These kids are bind find sneakers and they're flipping and what's the one problem with entrepreneur. Kids that want the world and they're so hungry they're so motivated but it's supply why they literally cannot get enough for that matter and so he's been talking about how he thinks. That culture is going to bleed into sports card collecting because there's so many similarities differences. You can't wear them well. Guess what most of these kids aren't wearing those damn sneakers anyways collecting them because they're collectible like beanie babies right and at some point you know somebody is going to forget about a pair Jordan's and they're going to wake up and forty years not even realizing they had it you know no and they're going to be like man. I got cleaned house. Their grandkids are gonNA walk and be like Holy Shit. GRANDPA you've got a million and a half dollars pair of Jordan forty nine. It's like what are you kidding. Me Shut up kid. Can I have them GRANDPA. He's like you can have them and you know kids get rich. But that's what's going to happen with Bitcoin. Those of you who cannot put up with this decade of you know of this quote unquote decade of like just trash that came with ICO period. And this is what I'll call the junk wax period it's going to overcome and guess what like I said just like in Basketball Baseball football cards. It's never been stronger than it to this day. Even going through that trash period of cards I mean like literally millions upon millions of cards created during an era where people thought that they were rare. Because that's what it used to be like. Well guess what what does that sound like. ICO's just like you said. Jump anyways. I hope this isn't boring. I feel like I'm making sense this to me but I don't actually make sense. I think it makes complete sense and like you said I mean. Obviously there's a lot more upside a lot more importance like you were just saying about something like bitcoin. But I think it's a nice easy way to break it down and I see in the Chad Baz. I hope that that's the case. My first generation transformers dude ask. Has You know what those are worth right now. You Might Wanna go on Ebay Bro. You probably need you probably literally just. You're listening as you just probably made a bunch of money you go look at those first generation transplant still in the package. Dude yeah keep them in Mint Mint on card dude But Yeah Yeah. I think it's kind of a nice way to kind of break. It down a little bit especially just like we're talking now. People are pretty. They're pretty bummed or you know. They got added they seasonal depression and then bitcoin price and helping them They looking at their charts. People are drawn dinosaurs on them or smiley faces. Because they've given up but don't give up you might have you might have Mickey Mantle Rookie Card in there right now. So I mean you've been you've been in the game for a bit You You know if you fall victim to this time staring at the numbers or or what do you do you. Just forget about it it. It depends right because I was able to leave my job at a certain point and I and I went into At one point gem I thought I was going to be rich forever right and then quickly I was reminded by reality that anything. That's too good to be true often is and you know what had I just stated data bitcoin and Bitcoin. Maybe a little a theory Quinn the power coins as I say had I not got greedy and got into a bunch of shit coins that that literally at one sense are down ninety something percent from its original point of entry Yeah you you can get caught up looking shorts but my more. I'm more of like what if right now right. I'm not as in like go up I mean most and I'm sure many have you watching and I mean you had many discussions bads Basil's watching Chelsea. I'm sure you can relate to this although you're more restrained than your holder I I do know that But it is and I have spoken about or so far down so many of our coins like it's not even were selling you know I mean if I had a thousand dollars coin and it's Worth Sixteen Bucks a gym and now no I'm not even selling it. That goes up double from where it's at right. I mean I might as well just forget about it. Just think of that money. Money is gone and then but at the very least if it's in the back of mind somewhere maybe it'll come back. It's let me tell you there's going to be a Mickey Mantle Rookie Nineteen fifty-nine rookie card in one of those all coins. Yeah Mark My effing words right now. You know. There's a Mickey Mantle Card in one of those coins and and it might sound crazy. There's no way that anybody ever could conceive there'd be a Mickey Mantle Rookie Card like you said there's probably how many there's probably more Mickey Mantle Baseball. Oh cards used to make noise and kids spokes of there are bike. Like you like Like you put out there. Then there are in existence today right because nobody ever took them effing seriously back then. There was no reason to nobody realized that they would be. Actually you know worth and I and I hate to kind of `co- don't bring it back to these baseball cards things but I just want people to really realise that markets are driven by perception. And tell me why a Baseball L. Card is worth any different with Mickey Mantle. Space or mine on it Jim. What's the difference honestly? I rarely it just it just is because same a piece of paper up right. It's the same type of ink. The only difference is it's Joe or Mickey Mantle. The Jones worth more my opinion. Thank you sir. If we spread that perception in that becomes the more valuable than Mickey Mantle. Rookie I see what you're saying. My Hi friend right. Jim and I think that's a really great point. Is You know all of a sudden you know if Joe Blackburn is what Joe Blackburn's running for president all of a sudden his two thousand. Nineteen you know rookie card for radio show host all of a sudden it might be worth something you know and it's just just perceived rarity and collectability right and so It's it's really bad you Joe Biden. Rookie Guard look if you gotTA top DOT COM. You can literally make your own baseball cards. I'm doing that for Christmas of some folks by the way Alaron great idea a great gift idea. Hey Fred Krueger says not sure if the baseball card analogy works are you Mickey Mantle. My maximum are you Babe Ruth Cards Shit Cards. I mean look I agree for it. And that's kind of the point is out as actually comparing the market. In general to like how baseball cards even went through that tumultuous she was period and and now today. They're stronger than they've ever been ever in the history of collecting Cards in any capacity. So I just think that's a it's it's a really relevant bent point where even in the worst times where nobody thought it could ever recover. It's literally a decade after the WAX era and we're in the epitome of what the markets ever been which probably means that there's a downfall coming to plus you WanNa get that card What's I don't know if this is an urban myth or whatever? It wasn't mayor card where a guy had a curse word written on the bottom was bad or something like that if not at our meth. Fuck face and it's on. The bottom of Bill ripken which is cal. How ripken's brothers I think it's I don't know if it's a rookie card or not. But it literally says F. Face on the bottom of the bat handle. He's got the handle. He knows what he's doing right this baseball these twenty-three-year-old twenty two year old baseball player right. He's got on his shoulder like this whole is up and you just holding it and it says F. Eight and then later on found it and they blotted them out with a black box because this is before the days you could just you know go in there and Light Room and and Photoshop at so they put a black box over it so the fuck face Bat Handle Card is actually still probably worth five hundred thousand dollars in that condition. Yeah because what just got out. And then they stopped. Production like edited Eh. Whatever yes fact that Evan? Press that you either pretending like you don't know what you're talking about and you're just asking this question and a little bit. I know I know a little bit about a lot of things to do. That's what happens when you have your own talk. Show for ten years of all trades master of non. I guess you've kind of master talking about things thank you thank you would we say. I don't like to pat myself on the back. So yeah yeah I would say so. Let me ask you a question now. Yes of all the things that we've talked about. If you listen to this podcast tomorrow you know and you and you you know if you really. Let's say you don't even know who we are right. BITCOIN radio or Jeff Blackburn gyms gambling and you listen to this just based off our conversation and putting yourself like outside of the conversation. Do you think this analogy makes it more simple for people to understand Jim or are we taking away. The credibility Bitcoin by me referencing baseball cards. Honestly no I'm sure to someone who's like big into the technical side and Or you know a little bit more more of an expert. It does sound pedestrian or something like that. I'm Fred Krueger. Who's watching right now? The founder of links chain which is completely fine. I get that but we're we're we are just trying to obviously. It's not a one to one but I think for a lot of people out there I It just puts it a little bit more. It's more about putting it in perspective than to saying like like it easier baseball cards go buy bitcoin It's just talking about out some of the potential upsides and some of the things that can happen especially looking at it from Like I was saying before there are a lot of things that are. It seemed like common knowledge to people in the space that normies don't get as far as no corners. Yeah the as I recall corners corners. There's just a lot of things that day talking. Knocking are so I think it just helps and again you know we're in it's not I don't I think the community is completely down. But you know people aren't as excited right now just because things are either on downturn or or stagnant so I agreed so actually you know the conference of Miami's coming up and January And that's like the start of the New Year really starts now because anybody going probably probably already knows they're going to Miami. I was Messaging Molin the other day I was talking to the Joe. com Bag crypto. He's going he's getting booked a flight to today to to Miami and You know I don't know if Miami's going I mean two years ago Jim. Miami North American. BITCOIN conference January first. Two thousand eighteen was literally in the most intense craziest stupidest. Lambeau moon boy conference. I've ever seen in the best way possible possible not to mention that the actual conference was sponsored by Dash who through the official North American Conference party at a Strip club. Like how much more Dude Lambo Moon. Boy Can you get now. I did attend. I was very aware that this was probably not the best public relation. Pr Move for the the event. I recognize that as as naive. You've as these people were to that fact because I don't think they did it to offend. Anybody definitely isolated the audience right to say the least. Now that was the way crypto was for the two years leading up to that huge Boron because keep mine as North American bickering coffers offers rolled around beginning of January eighteen. We had yet to feel what was then to be the thirty five hundred dollar drop right. Yeah and I look at that entire North American bitcoin conference kind of signified for Crypto. Was it's a bunch of people who had no idea idea what was gonNA come next. It was outrageous and I was living in fantasy land myself. I just quit my job in November a month before four. I just recently said you know what I made a lot of money. I can quit my job Joe Fam. I'm unemployed I'm retired hired. You know I mean it was kind of cool to tell people that at Thanksgiving for about two months but nevertheless that went on that went down and that signified the beginning of the end in my opinion obviously it was already in motion for all this to collapse but it signified that moment for for me that I realized shortly after not sustainable like this is not the group of people. You want building blockchain right right now and what has happened is that we you know we regressed. We became a shell of what we thought we were but really all we were was what was less. That's literally what we actually were. We got rid of all this fake you know. WanNa be moon boy. Lambeau I made five hundred grand. I can you okay. Go pretend like I'm super rich like whatever I mean. You can't live off a half a million dollars for the rest of Your Life at twenty four years old. Sorry Bro you know I know it feels like a lot of money. They just fresh out of college but Bro. That ain't a lot of money you know. I think now the projected amount of money you have to have saved to retire retire comfortably at the middle to upper middle class us. Six point two million dollars at the age of sixty two or so. That's insane the things like a lot of money because just fifty years ago Jim. That number was like nine hundred k. Hey you know now that number one tell you inflation's mother whatever and number to let you know that if you have five hundred thousand dollars in Crypto you shouldn't retire right. Ah I'm still bussing is trying to figure out that moment but but fortunately it's still working out at the moment and and we're going to continue to do such but Going back that's north. Megabit went conference. I'm really looking forward to seeing what this year is going to sound. Like what it's GonNa look like compared to last year which was not that great and then because that was right in the middle of thirty five hundred bitcoin mine and and all honestly people were calling eighteen hundred dollars bitcoin the same way. They're calling five thousand dollars right now. Slow Oh you real quick. So last year wasn't the Lambeau Strip clubs those the year one January two thousand eighteen. Okay not this year. January nineteen January twenty. Nine thousand nine. was that more like a funeral. Procession then was like everyone sad and dour or what was had a great time last year. I I had an incredible time last year. Now that being said I had a half of CCT hanging out with me right so was not the love right not half see st but the main the main corker France I'm pretty sure Basil's there. I don't know Jason made it. Maybe not I know he was at w VC last year. But I don't think you've made it the Miami but you know Donna. Martin's made his first appearance. Being ben showed up you know we at the point at that point we were still trying to build up a website which again we may address later on but you know what we unwanted with website was actually behind the market. Even though my idea was in front of it I couldn't get into implementation until after it was already passed and the hardest thing I ever do was like this is not work anymore but nevertheless going into north megabit offers this year. I feel like we're already passed through all that negativity. Jim You know the reset button has been hit so if we if we come back a little bit right I'm okay. I'm okay with it. It's not a bad thing to hit the reset button now. Jim I'm GonNa ask you a question. You're new to the space. You can't really see Ziegler new anymore. Because one month crypto we say is like six to twelve months. Okay but you're you're still because it's still not your priority. You have a regular job you you bust your ass every Friday. You Have Jim in them if you're not subscribed to Jim in them. I suggest that you are because it's an amazing show. I'm a huge fan. I've yet to be on the show and I'm going to bring that up every time we go live one day I'll get invited but look no pressure not a request to be on your show. I'm just saying I haven't been invited. Just that's just a fact. I'm not bitter about it or anything but but regardless you are somebody who who has a very a clean outlook and a really clean perspective of this so if you if you are you're not you're not day trading are you know. Have you even attempted it Now I mean I've I've 'cause most of if I've gotten bitcoins because it was sent to me and a lot of it since it is like a payment. I usually cashed out. I do keep a little bit in there and got a little stash. Yeah I get a little stash and I think like I. It was probably good timing for me because when in July was like when I first got a little bit and that's when things was going up so then I started thinking like. Oh maybe they're gonNA start putting my own money like what are they gonNA do here. But then it just started dropping. I was like okay. I'm not GonNa do that right now. peace out folks on that later. I'll just edit the podcast little. You know you were actually on the podcast now. Yeah so I mean so from from there yeah just got a little stash and yeah. I'd take a peek. See were at. How often would you say you're actually looking at the price? I mean a lot less now. I mean throughout Out these yeah. Yeah throughout like August through September and October is probably at the very least once a day. It's like maybe every few days take a look at it. See what's doing yep okay. So I'm asking you this for a reason. Obviously in that is. Are you surprised when you're down a little bit not anymore. Initially it was. I was very surprised. Yeah I was like Oh but then. How long do you think that time period took for you to be like? Oh Shit it's down to like okay. I'll wait till tomorrow Probably it's still probably took a couple of weeks but this is again. This is a couple of weeks. That's it yeah but but this is me talking like it's not like I have a lot of personal stake. I could imagine that if I was buying to trade or you know seeing it going ups on putting in thinking it's GonNa keep going up. I could see that being a little bit more stressful and probably keeping more of an eye on it but it was more money that I was just like okay. I'm just GONNA keep that in and see what what happens with it. Sure sure at any point you look at the price at now and say man. I should put an extra twenty five bucks. I is definitely think about it. I haven't really done that yet just between just doing some ketchup stuff holiday. At Christmas we talked a little bit last week. About how import Christmases tea tea. And giving and making sure that you you do your part and that makes complete sense by the way But the reason why I'm I'm structuring. This is I don't think you're that dissimilar to everybody else. In crypto as has a majority at least right your perspective is probably very similar to how a lot of people have viewed this for the last few years that that is. If I have an extra twenty five dollars putting in gem the first bitcoin I ever bottles for a thousand dollars I pay pal at somebody thousand bucks. They sit me this bitcoin. I had no clue how to use this wallet. What I don't even know how I was able to give a address like I did not comprehend this back in two thousand thirteen? Not Twenty seventeen where I could find somebody that I knew who could at least instruct me or watch a youtube video on it. There was nothing I mean. You're lucky using completely scammed like someone just send you an email with a long number and they're like here's your bitcoin and Bitcoin. Now I know never talk to me again Christie. Email I to this day. I'd probably be like I got got a bitcoin somewhere. I don't know where it's at but it's somewhere rather no but literally. Yeah you're right but that's how beautiful the space was back then. It was scared. I don't WanNA see scammer free but people wanted a good reputation for the space and you know just by communicating with people online and I was introduced to this dude by somebody else who was just as dumb as me about crypto and Bitcoin of time but he was like hey dude. This guy's always taking care of me. He's GonNa Take Care of you. I don't even know who the hell he is. I got a lot to thank him for. That's for damn sure but immediately afterwards within a few months jam guess what my thousand dollars was two hundred and fifty bucks you know and I didn't have a lot of money back back then. I dollars was my entire savings account like I was that guy like. Hey don't risk more than you can. I was like what I didn't. Would you say. Here's a thousand bucks. That's my entire savings account. Make me rich because it just gone up to a thousand dollars right so I watched it and I was like shit you know I just got out of the army. I barely knew what I was going to do next and I was like man. What do I do now right? What do I do now Jim? I can't cash it out because then my wife's going to know but I lost seven hundred and fifty bucks which is in our tire savings account or you know I can just continue to add to it and hope that it goes back up enough where I can get even cash-back out and back then Jim all I wanted was bitcoin to get back to like six hundred dollars. Because that's what I bought into enough where I would be even and surely Jim. If it had hit a thousand dollars it would at least two hundred just based on the fact that people think it will. Oh go back up to six hundred thousand right little. Did I know that by the time it got six hundred dollars I was already up right. I was already up and and then I had three four five six four nine and a half. Bitcoin and Bitcoin was twelve hundred dollars. Yeah and what I do I bought pop more and then guess what it did. It went down to eight hundred bucks again like I didn't learn my lesson the first time or did I did. I actually learn my lesson the first time knowing that no matter what the price is today it's relative to what it's going to be in five years from now and so maybe i. I did learn my lesson chip and maybe to this day. I've still learned that lesson where it's not too good to be true. It's an honest real perfectly upfront situation. With what bitcoins doing. And I think it's so important for people to realize you don't always have to live learn hard lessons sometimes. Your lessons can suck immediately but they are really really really beneficial and the years come and that goes for every hard investment you can make land gold at bitcoin magic. It's magic it's real life magic when you think about it. Yeah and those who are concerned every day who are daytrippers. That's irrelevant to me. I will go and day trade when I need one hundred bucks to buy some beer or a nice bottle liquor. Yeah I'll go in there and play around but I consider that gambling casino money money. I'm not that great of a traitor. I am fantastic holder. You will find few in the whole land better than I and the land of older and the Land Hodler Hot Oberg. I was reading a little bit of this Comment from Fred who he he's? He's referenced Tom Lee Before I. I'm not familiar in any given you the vast majority of gains and bitcoin price coming just the ten biggest trading days the According to this rule during the last bull market twenty seventeen price Rosen. Incredible eleven hundred thirty six percent in ten days in those ten days but even during the bear markets twenty eighteen the best ten days on overall gain of sixty six percent over exclude. Those days it tells a different story most years since two thousand thirteen those days have seen mainly quite considerable losses. But then again it's like it's all about those ten days then so it's not really. I mean it's still kind of agreement. You're saying it's just more about. It's not like this. Get Rich quick scheme some headlines and Click Bait will allow you to believe. And here's the problem and first off right great great post. Thank you for writing that out and explaining that. I think that's a really really relevant topic to have its own conversation about and here's the thing. Here's here's what we're all fortunate to do is Fred has promised me that he's GonNa come on Bitcoin radio very soon and maybe as soon as this week. So Fried I. I did see that you message me. I have not responded to you and I will But but me in federal have this conversation Jimmy V. Onto because I think you'll have a lot of honest questions for him but it goes to show that bitcoin its survival is not the question. It's how much money am I gonNA make. That's the question that everybody is really asking when they're talking about bitcoin. Going to die or not right so you know who is really a fall here. Is it the people who are Bitcoin who wanted to go up. Are they bat. Are they wrong for talking about it. Like it's GonNa keep going up. No they're not. They believe that I mean if they're honest if they're not being shady about things And they mean and they mean Things honestly when they say them to you You know intense everything But reality is reality. And the if you're a bear which most of my friends are bears because most of them are traitors because that's how they've had to survive this space you know it it. It sucks Kahad Lert. Because you'RE GONNA lose until you win and that's why if you watch how I pose when Bitcoin goes up from seven Thousand Dollars Hits Eleven K and you hear me San Ha ha. You're the idiot. I hope you were short. I hope you got wrecked to. Actually I don't really hope that for anybody whether you're short. That's not my goal here but when I get really excited I'm like bom is because everybody thought it was going to keep going down and they don't realize the gains come and they come quickly and the same way that that frejus referenced. We saw that we saw a what was a four hundred percent gain in one calendar. Are we going to be one day at one point of just a month ago go or so and I mean it is what it is by the way E cannot time. That's a great point is if you think you know you're the idiot if you think you know or or potentially you're the whale either way You still might get wrecked but I read all the charts. Don't lie so I don't know people say they can time it. Okay well Mr Charleston lie. You said if you're if you are that person you're not worried about trading anymore. You know what you're doing you're drinking your Bahama drink on the shores of some Caribbean beautiful country looking out at the sea. Not Worried about your computer. Not Worry about nothing. You just stack in sats and Drinking Bahamas. Because that's all I'd be doing the office space again. The guy at the red stapler the ended the most what what a what a superstar Bro. The most unsuspecting the guy who didn't even have a job he literally just like my in my paycheck still getting treated like shit even on the island at the end so it goes but if you think about it he obviously had a plan yes yeah he had a plan and so the most the more unsuspecting. Here's the do's probably like really freaking cool in real life right but the dumber he looks to everybody the more you take advantage of them and their strengthened. That underestimate him. Hey Fred I don't know Tom Lee personally. I would love to have him. If you have a connection with them. I would love to so feel free to reach out in on behalf of mayor. Connect me And that goes for anybody else who has an awesome person. Who needs to be on the show me? Jim Are always looking forward to to having a great gas in. This eventually is going to be a Colin show. Like where we're going to have thirty minutes where you have five minutes on the Mike and Whoever's watching is able to be like Yo Joe Jim your idiots. This is what we think. This is what I take. Hey Joe take your shirt off. No well why not. Oh because I'm I'm not taking. Why shirt off right? I don't know why I'm having a conversation myself at this point putting on chapstick says the second thing you into is. They're always going to be like Joe. Take your shirt off. Because I'm always like no please giant claim here. Our you want me to take my shirt off and for the record. I'm not the type of guy that actually I want to take your shirt off if that's what it appears as it's been a minute since I been gem so people always requesting it though Baz says is. Is this how the show works. Both of you co hosting that is correct on the live cast. Jim was on last The last podcast I was onto but I would like to think that in the future this is going to be alive morning. Show midday show whatever ends up being and And that means they will be hosting it kind of like a morning show or I. I'm referencing a the morning show kind of personality with WHO knows maybe Baz. We'll have you on at some point soon again. Thank you thank you look you. That's your that's that's another. You're starting to become famous gem again never net is all part of the plan. uh-huh okay let me ask you a question. Yes a year from now. Yeah if we blow up what if we are like like Handing out awards like as a tandem comedy tandem on some major some major stage for crypto awards. Yeah we'll do like who's on first bit. WHO's on first BITCOIN? So just like if we get that famous at some point. I'm GonNa make sure Jimmy Fallon. Lynn walks out as me is Jesus. We can't get through an episode without talking about how hold on hold on. This is actually my fault. I've got us on the close ups tonight right. Jimmy Fallon has like this go. Jimmy Fallon is hanging out with Jim Scam Bowling. I am so proud every time. Am I get to see how cool I don't know. Jim is a humongous humongous. Jimmy Fallon Fan like now. I explain this every time there's layers to me. If I have them as my background it means that I don't like I know I'm complicated. What can I say? I just don't believe believe you goof is that he's the worst that's always the background. I like a shirt. What is your shirt saying? It's like normal guy and then it's like please hausners Hausner. I'll I'll give you a beer. Have you ever seen the movie. Shaun of the dead. I have yes. Is that Sean on the far you're right. My left seen the movie hot fuzz. Of course arse and the the movie world's end I have not those three movies are the Coronado trilogy and that's each which flavor of the Coronado. There's the red flavor of the Blue Flavor and the green flavor. They're all so I'm assuming my my left. Your right is that's GonNa be Shaun of the dead and and then hot fries in the middle and obviously the police and then What's world's ends the world's end? Yeah that's he's holding a pint because the world's end the movie story storyline it falls pub crawl fair enough all right. Well I know we are on. I know people have seen them or not but check them out. Simon Pegg the Coronado trilogy. No I mean I have seen hot fuzz and Shaun of the dead were shot of the dice hilarious. I mean I've only seen probably like fifty times because it came on. Hbo For Awhile. or or wherever was and I just turn on fall asleep too so I've seen probably parts of it but I know the entire movie what's up Jordan. Welcome to the show where we are just signing off off Fred. Thanks for your participation. I can't wait to have you actually on the show Baz as always dude. I'm grateful for not just your friendship but also your influence on my crypto experience in life And everybody else said Chelsea was watching one of the newest mods the appreciate it probably feels like. It's her duty to be watching when you don't have to but I appreciate you actually watching for those other twelve people that are watching at the moment as we as we wind it down Feel free to make sure you make comments comments and let us you're watching so Baz with Joe Black Rookie Card again. I appreciate that Jim what we miss van. I think we covered it. There's one thing I wanted to hit on that I I do right now on my show. Jimmy Dot Com. We running toy drive where we try to get tots. TURNT turnt turned up. We're trying to make things. Not Yeah you know you do toys for tots we talked we make sure. You're not insinuating adding that that like the turnt that mean you might get on. Bourbon Street is okay. Yeah just making sure your vegas boy now from Boston. I mean that's kind of a weird mix so you just never know just getting the taunts turn for the holidays so we are accepting donations. This is on the up and up. We've done it the past four years years. I've pictures and stuff pictures on my side of us. We go and buy a bunch of toys. We donate 'em to underprivileged kids so if that's something you think is cool even a buck or something helps. It's much appreciated absolutely Jordan just because I thought of this joke. Wait that's what she said your shirt. You'RE GONNA leave it at that a joke us now. He's doing it at home. I got something real to say. I guess the real say obviously Jim. I'm very Fond of you as a friend and as a CO host and so I definitely want tot start to be a success. Do you bickering now. Not Currently Elaine. I gotta get that fixed okay. So that was the wrong answer by the way. So when you get to the podcast tomorrow edit that part out and maybe you could just record yourself saying I'll have that Address for you next week yet would be more appropriate answer. Yeah we'll have that set up next week okay. Cool all right so as we as we bleed into the end of the month as Christmas ms comes it comes out. That's probably a weird way to say that Christmas is coming as we bleed into the end of the month but You know there's obviously a lot of different things that you can do. Jim has a few experiences. May We'll talk about that. You know on the next podcast next live cast. Maybe we'll do one Maybe we'll even do a Friday. Pipe live cast some point you know. I think it's It'd be fun to make sure that we have content out there for people. Listen to I enjoy listening to my own show afterwards. I don't know if that's Narcisse narcissistic or if that's weird of me of anywhere that's a good thing. You WanNa make a show that at least you like so I mean. I appears at least as we usually converse after the show and nephew edit that you know we go back and forth and give each other some some awesome pointers to it but you also enjoy it as I do so if you would like to to give us any feedback. We're always open. If you want to be on the show let us know we wanNA have you honestly. I don't get Braille. Finally joined about time Oxford boy wake up son or maybe you just did. Because is your party. Or I don't know but until next time there'd be this is your Manjo Blackburn. I'm joined my co host and dear friend Mr Jam Scam Paulie. WHAT'S UP GEM? Saddest gotTA stop rather well people you know the bid gotta the cryptovest curved. I love doing this to him at some point. He's just going to get it. Jesus like I'm I'm saw stop like Joe Blackburn. The cryptovest belongs to all of us. We know we're laureate. Where do you do on people till next time? I'm tell next time the cryptovest belongs to all of us. See you soon.

Jim baseball Mickey Mantle bitcoin Jim Right Jim Think Hodler Hodler Europe twitter basketball Jim Scam Poli Jim You Joe Blackburn Miami CEO John McAfee Fred Krueger
eps.012 - Galen Danziger CTO of Mousebelt, Developer

Bitcoin Radio

45:55 min | 1 year ago

eps.012 - Galen Danziger CTO of Mousebelt, Developer

"What's up bitcoin radio. It's that time again dan. I've got an awesome show in store gaylon dan's ago. He's the c._t._o. Mao spelt everybody knows about. I've mentioned several times. They're also the parent company of bitcoin radio. Oh and i was able to pull away their c._t._o. One of the busiest guys and all of development and blockchain maybe in the world. He's you'll laugh at that but gaylon is zaire's also a friend of mine and i've been honored. I've been privileged. I've been really excited to get a chance to get to know him. I've also been able to learn from this dude. He's got a lot of wisdom. He's got a lot of knowledge and he's a little bit funny to y'all soon. <hes> some of you have seen him. I've actually interviewed him on video. Before an is just really you know he's got this really great ability to conceptualize explain the space to everybody whether you are high end developer and you understand the tech at a really really high level or if you're just you know joe blackburn burn who's not a developer and not in the space as any technician period. I love the social media side. I love bitcoin will the politics of bitcoin and all of that but it it is not in me to understand how to write code. Fortunately gaylon understands those types of people like me and you for the most part and he's going to be able to break some things out but we got a lot of fun stories today. Some of you may remember in that initial interview. He told us a little bit about his first encounter with with a theory and that encounter was not a small one that was of italic chilin hanging out sleeping at his place at his apartment while this little thing called a theory and was being created and i'm not not going to tell the story for galen but these are the things that i enjoy. I mean like you can. It's like sitting around the campfire at camp and you hear these really cuco stories or whatever you hear these really cord adventure stories and just captivates. When you sit around gaylon you get to a point where you like. You know just like an all you listen to what the so. I'm really proud to have him on but i really enjoy being able to explain to him. You're explain to you guys. You know what he's been doing on this level for my introduction to him. He's probably gonna get on really shut up joe. I don't wanna wanna hear all this stuff about me. Let me just talk but regardless anyways galen come on man. What's going on. Dude welcome to bitcoin radio finally glad to be here. Joe is <hes> pretty a busy week. Everyone getting back from burning man sort of everyone's getting back to it all at once but <hes> glad to be here man. You know like with everybody like you're. You're in the san francisco bay area right and you know the burning man is obviously a big deal. I mean it's a big deal for a lot of people across the united states but specifically in the area does the city inti out during burning man surprisingly yeah it's <hes> at least in my office. I'd say because we're we're we're in a co working space the blockchain center and all the mouth team. We're in this sorta corner of this larger co working space. The whole place just emptied out a everyone seemed to go to burning man from san francisco. I guess it started in san francisco but everyone empties out to the desert now. I guess it's close by san francisco. Go right well. It's a it's a good ways away. I think it's actually <hes> i've never been so yeah. I think it's it's actually like <hes> hundreds of miles away. It's it's definitely a pretty long drive okay so clearly both me and you have zero experience with burning man. That's the easiest way to put this and i'm glad that everybody out. There is having a great time yeah. I i haven't gone yet. <hes> there's a surprising amount of people working in cryptocurrency that i'll go like i heard brock pierce was there. He was in this on some sort of like a bitcoin camp. There were doing. I heard all sorts of things like weird. Satanic rituals to drive up the price ice who knows clearly whatever they did worked because bitcoins obviously had a nice little run. I think we're at ten seven right now and so a lot of people were calling eight thousand seven thousand dollars the other day i mean it's just it's just always funny to me that nobody knows what the hell they're talking about. When it comes to the price of bitcoin oh yeah no. It's i mean predicting. The price of any market is really really hard to do and many times. You're incorrect more than you're correct. If you're correct more than your incorrect correct <hes> you could make a huge amount of money but most people don't of course you know the the problem is that we're greedy right. Oh absolutely i mean. It's like this game if i said hey gaylon here do you want one hundred dollars like yeah man. Give me a hundred dollars so you go to mexico gambling casino the great bitcoin exchange and and you go and you make one hundred dollars but guess what now you one hundred dollars and you're like i can make a thousand dollars so it's time to go back to the bitcoin casino the gambling machine of bit macs with sir arthur. You know running the show hit. The liquidation button which is by the way is not true. I don't want to put that on arthur. I don't know if it's true. I'll just put it that way yeah now. There's <hes> <hes> i mean the greed generally drives markets. I think that's the the big driving principle i mean. It's an extent everything we do is for greed right. Well yeah everything it well. Yeah i mean there are definitely people very altruistic out there but <hes> i mean the whole way. All of the pricing works the security and bitcoin join. Everything is based around everyone acting in their own self interest so galen. I'm really excited to have you on man you know. I believe you know so much about the developing space the developers just in general you know you're the architects of the giant buildings the giant projects giant everything that's gonna come out of the space one day right you know the the net flicks is that are beating out the blockbusters back. You know fifteen years ago. You're doing that right now. One way or the next contributing to that next growth and and for the audience listening you know gaylon is not as i said in the introduction. He's also a friend. He's not just a developer. He's not just someone. I know i consider galen of front and you know as gaylon <unk> as being a friend of mine. I've been witness. I've been privileged to listen to him. Tell stories you know and then here's some this we're gonna get to this here shortly but but gaylon let's go ahead and start with a little bit of your background. I'm like what like. How long have you been developing. You know obviously we can keep this quick kinda. Give us some background on who you are and what you've done so yeah i guess about a decade now. I've been doing a software development starting with like internships or i was doing stuff for research and i got more for into doing <hes> like probability and financial based programming was doing research. 'cause there's a lot more money in <hes> ways to find a job if i'm doing like modeling for casinos rather than <hes> trying to predict an earthquake which which <hes> is still <hes> people don't think you can really do according to the u._s. At least do you think they could do it. Oh i i mean i think eventually we might be able to but right now. We cannot reliably predict an earthquake and it's the same way for about one hundred years and it's probably gonna be the same way for another hundred years if we really had to get f- i guess but eventually hopefully the technology will allow or prevent them altogether. Prevent altogether would probably be very tricky but there maybe maybe knowing when when they're more likely to happen that something galen just code something a predictable algorithm that tells us and we can get out of there right no they even even when people have an idea about how systems that complex might work there are just so many small little things that all interact with each other and if you get one inaccurate measurement that just cascades cascades and cascades it'll throw the whole thing offense so marvel yet like whether it's really hard to predict whether <hes> more than ten days out because there you have all these when you're measuring things all these small inaccuracies on the instruments and things interact with himself over and over so many times it just it could becomes really hard to accurately predict things along long span of time out known about it anyway moving move on from earthquakes earthquakes <hes> i i did programming <hes> like a bit all over the place. Hold on hold on. You should be called earthquake. That's a cool name bro. Let's everybody for everybody listening. I was like trying to like give gala nickname before the show. I was like man. I need a cool name. The call you bro. You are the earthquake developer bra earthquake doc earthquake. Let's go all right <hes> so i started doing branching out a little bit i got into some things related payments <hes> some stuff and <hes> my first introduction to <hes> blockchain was actually really when <hes> i've been in san francisco at the time i just got there and i was staying in this sort of hacker house type setup which was basically just a bunch of <hes> <hes> people all around my age like early twenties all in a house. We use this as a yeah. This was twenty twenty two thousand thirteen two thousand fourteen that i was there s._f. Rent was just way too much money as you get a lot of these people just sort of piling into a place some working for tech companies as some working for like startups a lot of people just sort of like writing code doing some cool thanks and <hes> this particular one was called the negative <hes> you could actually find it in the news news. There were various <hes> like local people in san francisco. That really didn't like it well they they just. I think it was originally eh. It was originally either church or some sort of like how people who couldn't like afford it and then we took it over injured tech house. Yes so what happened is like this was a place where other people were staying out of like a charity situation nation and apparently at the owners were either sold it or they they started winning it and then you guys moved in when we moved in it. Actually i think it ended up being not not up to code at all because it was a bunch of kids who didn't know the most about building codes and everything else so two converting this house so yeah no extremes piled in like. Was it like four to a room or having like how how does this work it was. I think it was like either one or two in in a room but we were definitely pretty piled in. I'd say there was probably like fifty. Ish people there fifty yeah. I mean we had this. It was like this four story are- like abandoned church that had been rented out sort of turned into like a giant apartment place that house for developers alpers it almost was it was it was a really cool place though okay so we don't lose everybody because although i'm really enjoying the the story and i'm sorry for my peanut gallery commentary <hes> i'm actually not that sorry because it's really fun but <hes> but this is where a certain individual was <hes> was staying right sleeping sleeping or wherever you guys could just like you yes there was <hes> vitality actually stayed with us for a little bit don uh-huh yeah i i didn't know very much about bitcoin or blockchain or <hes> very much at all about any any of that we did have one guy who is working with a bit pay at the time he was one of the early engineers few other people who are early on some fairly prominent companies now <hes> ah he was there and he said he was talking about. Here's why we need turing complete like a turing complete language on the blockchain at my first thought is what's a blockchain. What is this. How does it work. He was going into this explanation lake <hes> his first example. I think made me think it was like really really sketchy. He was talking about like using smart contract. If you're going to like do a deal with someone and you afraid they're going to kill you. You're smart contract would hire an assassin fastened to go after them like cool. I first impression yeah. I think he's got the sales pitch down way better now but it was zyppah <unk> the first example i was like wow it's actually really cool that anyone can then execute code even though it seems like it might just be used for like drugs or something which was it absolutely yes. Silk road really blew it up and <hes> then i. He talked about it <hes>. We actually actually had everyone in the house. He was like downstairs. He is giving a lecture on it. He was just telling every talking. Everybody's ears off about. Here's why we need turing complete code. I i think he been writing articles in bitcoin magazine at the time and he i think he originally wanted to implement it. This is metallic yeah yeah yeah. This is the talent <hes> he he wanted to. I think update bitcoin or make this a upgrade to bitcoin and then he eventually did did it for a theory. He made his own thing he did a pre mine and he sold tokens to fund the development. I think i mean there. Were it was less than one dollar for eighth so i really really should have bought in but it was like it was like a dime per yeah it was it was something crazy okay so hold on not interrupting gala but this is a really cool situation aniko story especially because you know tallec is kind of one of the spokespeople for the space right he is. He's a developer of course and he speaks at at a really high level but you know as young as he is. What is he twenty four twenty five. I think you know something along those lines but he is recognized and he's asserted as a a as an individual who speaks for the blockchain space right and i don't think there's a better person right now. Who who could who could handle that position. Thing talent takes a very seriously. I think he does a great the job but you're sitting there with twenty year old or twenty one year old italic was i mean i can't imagine him being much skinnier but especially back then when he had no money i'm sure he was was a little skinnier and you're sitting there and you're developer fraternity house and he's giving lectures to fifty of you or whoever was there on why this should exist. That's correct. I i understand that right yeah yeah that was exactly <hes> he was. He was just telling everybody like. Here's why blockchain is useful. Here's why we need to to have verifiable code. He was talking about how you could write. Code was talking about smart contracts all of this stuff. It was really cool. Exhibit got me sucked into it and gala. What did you think when the first time i an be honest here. What did you like outside after he got through the first initial impression of the drug world and how you could use the the the smart contracts. What was your actual thought. Once you kind of sat down and really listen to this well i mean verifiable coat sounded really cool like i have of something that all parties could observe run the same code verify that somebody sent something or sent a message somewhere just just some interaction everybody could be informed or verify it for themselves which was really cool and sending money. That way is great too. You don't rely on a bank or anybody else to hold your money it as i got more into it i ended up <hes> buying some bitcoin. I didn't really know at first very much about about like managing keys managing a wallet so one of the first things i did was put it on phoenix which was not very smart because they got hacked like pretty soon afterwards so of course of course and you know that's a lesson for everybody though like you know we hear about what i think. One of the most recent major uh hacks was the <hes> the cryptovest hap- hack that happened a little bit. What six eight months ago something something like that and you know crypto. Obviously they should have been a little bit better prepared for this but you know everybody's been hacked. I mean it's it's not unusual in the space to have some really bad news right. We've been dealing with it since really the existence whether it be you know oh sushi no longer being around which i consider bad news <hes> whether it be about god's whether it be silk road whether it be you know a bit like you said you know all the way up to you know the parody the and you know this is something that means you've talked about on camera before but this is another amazing story but <hes> but actually i don't think being you've ever discussed publicly but you know a lot about that parody hack don't you oh yeah yeah that was that was another thing that happened pretty early on and that that was just an interesting thing to see. All of the developers like interact after that what does a lot of these things. There were entire projects that had everything in that wallet. Oh yeah no. I i absolutely there like it. It was sort of the standard for multi signature wallet. Two hundred eighty billion dollars was lost of theory on that hack or on that on that well. I'll let you describe what actually actually happen. I'm gonna shut up you. Just tell the story about that yeah so i guess <hes> i some background on the party while it if you want to use like a multi the signature wallet which is basically <hes>. I give my approval. Someone else gives their approval. Maybe a third person gives their approval and for any transaction ends action that i send in needs to be authorized by <hes> some amount of those people you'll define that with the wallet so give me an example why you would need that though but just to break it down really simply so if you wanna make sure say you have three people in a company and you wanna make sure to people check off any expenditure <hes> before it goes through so say you me and patrick were all in a company and we wanted to make sure that no one person could just empty the company in company treasury lamborghini or something landzo's yeah so it's gillan don't you no sadly no limp. Don't lie but yes. He doesn't have lambeau but there's always going so it's it's a great security mechanism like things that you might <hes> setup with like a rule like a set of rules or hire a trust to hold your money and let you withdraw it under certain conditions you can right straight into your wallet which is really cool system for sending money authorizing transactions. It's built into bitcoin for free. You can just make a wallet no extra work you need to to do a theory. You have to play a smart contract to do that. Which is kind of a pain you have to like. Get your environment ready to deploy a contract. Remember where it is his initial like initialized everything correctly they cut down some of this work by taking the library that everybody needed to use all the functions for that multi signature does your wallet and that was supplied by parody and then you could deploy your multi signature wallet and reference functions from that library so in this case with parody. There's a lot of people a lot of companies a lot of money inside this wallet and it was trusted as a theory of you know as a theorem custodial wallet for these companies hold now as we all know. Two hundred eighty million dollars got just destroyed. I guess we can get an a. Dow hack after this too because that was <hes> on a even larger lab i would consider that even a bigger level but <hes> but as far as party wallet went and i know a lot of you especially those in society that have been around for a long time you remember remember the parody hack because a lot of there's a lot of projects that we personally knew that people that had been around that were affected but you know what i think is so funny well actually gaylon. Tell me why this was such a unique situation so i mean this one. Everyone just sort of trusted this dependency then put out by the parody team team. Everyone thought like okay. This library works is nothing that could go wrong here. I'm gonna use this because i don't trust myself to deploy it and <hes> what happened is one guy managed to gain control of that <hes> library that everybody was relying on. I mean they. There's <hes> <hes> chat logs where he was doing it. I think he was just testing out different things and you can actually find a get hub issue where he was filing with parody saying hey guys accidentally killed your wallet. <hes> the guy's name devops one nine nine at chat threat of all these programmers who are he's like sorry guys has accidentally killed it and then he put out like shrug emoji on twitter later. Do you think he understood the gravity of what had just happened. I think at first i don't think he did and then eventually. They realized like this took out. Everybody's money but the first thing he did was file a bug report saying hey i accidentally gently broke something oh my final bug for it to get fixed and <hes> eventually realized in now it could be that this guy was malicious was was just sort of messing with people afterwards saying oh what a mistake accidentally deleted all your money gaylon. What do you think i i think the guy was just i sort of messing around polling functions on contracts definitely if he gained control of the contract he should have reported to their our team and not done something bad with it or giving everybody a tie some time to move their money off. Do we know who devops is. Yeah this a devops one nine nine no idea what really has any idea who he is. I think the twitter account still active though you could look them up and see that little shrug emoji oops oops. That's what that's what i think about hoops but you know that's brings up an interesting point like exposing these these these vulnerabilities right as a developer is part of your job right and it's not like it's not part of your everyday you know dealing like as a developer you need not only do you need to be able how to build things. You need to be able to fix things. <hes> your your construction worker. You're you're an architect. You are a doctor your everything that has to happen for that code but but gaylon like like i know this as a person who cares about others i would never intentionally destroy that much of a syria i mean unless you're a theory of hold. I guess you just lost two hundred eighty million dollars where the east which is good for the holder but i mean in all reality like that sucks really bad. You just ruined people's lives so are. I mean like you're in this space man. You're you're you're developer. You hear how these people talk. You're on the forms. You're anonymous somewhere right. You're not gonna tell us who you are anonymous with or where you're not on that but you are. You're part of this this this developer hacker dark deep awesome mhm web and you can do whatever you want and people have no idea how how freaking awesome power that you hold is. I mean how how many developers you know. That would actually actually maliciously do this. All i think there are definitely people who would maliciously this but <hes> after especially the parody incident that <unk> exposed people are blindly trusting developers a lot so it one one thing that that won't hack did is it prompted prompted people to start to engage security groups to perform code audits and then maybe you would invest in a smart contract when you see. There's like a moderate report saying that it works all right or when you look at contract maybe you deploy a contract that someone else's checked out there have been instances where people were just relying on all these dependencies and it works great if everyone is just happy and working together and <hes> trust each other but eventually a bad actor might work their way into the system. Try and start to steal money so i think it did sort of push people to not blindly trust developers now so obviously there's some good that came out of that but in the meantime it did affect a lot of people a lot of projects and a lot of holders and you know i i look back on the parody hack and i remember it jalen. I remember as someone who held <hes> one of the tokens of one of the projects that got that that was that was it literally. Their entire stash of each was in the was involved the. I guess you'd call it a hack the parody deletion russian and hack even the right word. Will i guess you wouldn't say hack they will they gain calls yeah. They basically the money still there but they deleted the way to withdraw so everyone's money is still there but nobody can kind of like the anti hack back because you're literally making sure that nobody ever gets that money or that theory. Oh yeah no. It's just locked up in decision really should be called the parody antibac- antibac- the perry vault sorry. It's not trying to make light of this. Maybe the parody freeze who it's it's essentially the money's just stuck all right so let's let's let's transition to the dow all right so dow did get hacked to an extent you know and it was a little bit more. I think a lot more serious but ultimately also lead to something that was positive but you know especially with your early involvement with with <hes> with the talich kind of walk me through like let's put you as metallic yeah. I mean gaylon. I know you as a as a friend as i've mentioned this on this interview several times but like i know how smart you are and i know how much you care about people and i know of italic was absolutely absolutely i mean he was trying to do something awesome for the space. I mean i really believe that. I don't think he was trying to get rich. I don't think he even thought that he was gonna make money and i don't. I don't mean to say that as a an a. I love italic. Theorems got his problems but we'll get to that in a second because i have some questions about that but but let's let's let's honestly talk about the dow hacking and let's talk about the bad and the good. Let's start with bad so that side is this one was probably what was the dow hack. Just let's overview that verse so the dow hack is <hes> someone figured out just a trick in how this smart mark contract was implemented where they could siphon off some money and just some background on the dow itself is basically a smart contract you could put money into and in exchange would get <hes> tokens that you could use to vote and it was this really cool concept like an organization. There are no stock certificates tickets. There's nothing by putting money. You get to vote on how that money is spent and maybe get a return so it's a it's a very cool. I think pretty novell concept concept at the time it was probably the very first purse or very versed opportunity to have that thought process. Oh yeah absolutely is a very cool concept <hes> and then adjust unfortunately due to <hes> some some quirks in how the the default methods work in theory someone was able to syphon off some money so you can set up something in a theorem where when you pay money to something it executes code instead of calling a function instead of invoking contract by sending money to something you're invoking that contract sure and people they're all the time for for i._c._o.'s they they send money in and get tokens back without having to do anything or maybe they don't even need to set up madam ask doc this instance they withdrew money and when they withdrew it it was withdrawing calling a default method and before finish processing withdrawing money money that default method would call withdraw again so before your balanced dropped. Maybe you withdrew won a theory him. It would go to that thing it would trigger it to withdraw another one theory triggered to withdraw another one theory and it would keep call calling recur safely before your balanced dropped the first top so because of this they just didn't handle <hes> the re- cursive case of that call correctly some was able to syphon off a lot of money with a small withdraw and eh done terrain the contract so looking back on this gaylon you know do you see this vulnerability. That was obviously exposed and obviously taken advantage of as you know i would i would i would personally say it was an overall good thing right the amount of people in the obviously this led to a theorem classic in a theory of now to to what where we are today but looking back man like was this something that was preventable or did we need to make these mistakes prior to you know where we are today to be able to understand understand like if you were the developer if you're italic like. Is this something that you look back and be like. I don't know how this happened like i would have i would have found this and i know hindsight twenty twenty. I know you would never talk bad about metallic on that level as far as like calling him stupid obviously the guy's genius you know he came up with this brilliant idea but when you hear about like the parody issue or when you hear about the dow like do you think about these things without hindsight being twenty twenty and very easily being able to say oh that was the dumbest thing ever like a a dumb redneck like myself would say right but do you see this. This is like honest in in real issues that you know that nobody could have seen coming or do. You see these things as a little bit lazy so i'm is. Is that fair to ask. I mean all of these things. I think it's so easy to talk about it now like oh. Why didn't you handle if someone was doing some weird precursor parts of trick here on the withdrawal method. It's so easy to say that knowing about it but before you even think about it someone just put up this contract on-track quickly. Maybe at different versions of it <hes>. I don't think they have the best audit practices. It was a few people they're all excited to do something. The new everyone was very enthusiastic about participating in it now knowing about these types of issues. It would be a really bad mistake to make than i think. Somebody probably had to make that mistake so people would think about it. No gala i mean like like i said you know looking back hindsight twenty twenty. Nobody's here to talk about metallic. Think i personally you know cannot have an opinion on this. It would be irrelevant and it would be without just cause to even make a statement but you you're also been around long enough and you've been in the space and you've developed enough. You built a lot of things gala where you know. What do you see the space going to like. We've learned from mistakes. Some some states will probably going to repeat but like from the dow from the parody from all this other bullcrap that we've seen what is the state of the blockchain right now. I mean clearly. It's the best it's ever been to say that every day. It's getting better but are we as advanced as you would. Hope so at this point given that we've been around since bitcoin and even before bickering because there were four different coins you know trying to. I don't want to say compete but bitcoin obviously rose the top. There is for other blockchain style <hes> tokens. I guess you call them <hes> into this man ten years. I mean what where where are we. What are we stay in bro. I mean i think <hes> things are actually progressing along. It's hard hard to get a new new system adopted. I i would like to see more adoption but <hes> bitcoin for something with no real leader. Her has gotten people all over the world to start using it accepting it as payments sending money around in and out of the country. That's really cool to <hes> i mean not not to mention not to mention the economic impact. It can have for something like argentina right right or venezuela. Excuse me orgies yeah my bad or hong kong right now. What's going through this little mini. I don't want to call it revolution yet but whatever they are doing sorry no. It's it's it's really cool. I think <hes> and if more countries seem to have like economic stability instability people might turn to bitcoin more <hes>. It's it's a really really cool. All i guess phenomenon. That's happened that <hes> absolutely people are using it. I think some things that people were able to ignore earlier. You're on the transaction. Fees times to confirm are becoming more of an issue now but solutions are starting to emerge is going a little bit slower than i would like but i think it's really it's coming along pretty nicely absolutely and one thing to clarify that that's on the money side where i think it's come a long. <hes> people are spending using this money sending transactions. That's that's actually done some really cool things where i think it needs a little bit of progress people reported a bunch of other applications applications and use cases of those and those really haven't been adopted yet outside of the money use case. There are some things where people have done some like a really cool defy type applications but none of them have really caught on to the level of traditional traditional solutions are anywhere close to that. I think that does need a lot of work while soda gaylon <hes> let me ask you a question of all the things that blockchain has accomplished in doing right now. What you find is going to be the besides currency because obviously we understand that that's that's working right now. To an extent <hes> may not be the most efficient and in some circumstances but there are solutions that have been created. Were just using bitcoin still for the most part and is as i believe we should be but what about outside of currency. Let's see what is the best use case that you can think of right now that exists that even if it's not happening yet right what should be happening with blockchain that you can think about i i really do think identity and approvals works real could theoretically work very well like a digital <unk> example similar to to a like a multi signature wallet where you're approving a transaction. You could approve something else. Go through where you could agree to share information with someone like what like what let's break a simple simple. You're agreeing to sell someone something when you i get a payment or you're you're putting signature on an agreement or you are <hes> with with the identity eighty case. Maybe you are proving you are someone or that you authorize something to go through all right gaylon so i've really enjoyed this chat so far and you know between the parody hack between between you know the dow and the conversations that she brought to the table and you know you bring a lot of experience you bring a lot of intelligence. You bring a lot of you know. I mean just overall just understanding that a lot of us never will and most of us don't even care not not not me personally but most people in crypto don't care. They're like oh shit. My stuff got hacked. You know i hate the space. My private keys aren't on my own person. I can only by myself. Whatever but you know what we can say is that displace the space has has has offered a lot of fun engagement personalities and really you know friendships. I mean that's my favorite thing is is the relationships that i built and watching people do do things selflessly <hes> self leslie not selfishly and although i did bring up the fact that most of us a lot of times do things for selfish reasons whether it's eat or whether it's go go work job so you can make money whatever it might be. There's a lot of people doing really good things to and you're one of those people gaylon. I'm grateful to know you and couldn't consider your friend but let's have some fun here. Okay and and i'm going to ask you. I do my quick fires and i know you gotta go soon so i'm not going to hold you up too long but we'll start this gaylon all right and when i ask you these questions you're allowed to pass if you pass though i'm gonna make fun of you on the next podcast you so you know all right fair. Okay all right and i'm gonna ask you. They might be a little bit difficult and you can have a minute. I think they should be short answers. I don't want long complicated developer answers i mean i know you're smart. You're smarter than me and i'm okay with that <hes> but i i believe also that you're you're really like genuine and you're really real too so i look forward to answer these questions so i'm just gonna go and start right now. You're ready <hes> share. Let's do it. You sounded nervous. Do you know what i'm about to ask you. Do you believe in aliens. Aliens could probably out there. We haven't met them. I think let me rephrase because i want more specific question or answer. Have aliens ever visited earth. I don't think so. I would ask you to expound but i'm not going to but i'm going to get that question from getting going to get the extended answer some point you gotta come back on my show at some point right all right. What's what's your favorite movie of all time favorite movie of all time. I really like oh dude law rings. Absolutely you're speaking my language. I mean which one do i think komo probably the very first was the best i i would say. I forgive them for cutting out some some key characters actors from the bucks but allies. I know i mean it's a classic. Token is a is a hero to many of us of that generation gratien and and hopefully many more generations but that was a it was a great series. I would also agree that <hes> that that ordering would be in my top five <hes> <hes>. I don't wanna even just say like number one. It's so hard i know sorry for the question all right number number three here's number three question who has been the most inspirational blockchain personality developer mentor in your life so i would probably say that that number one just because he got got me into it is vital <hes> and he's he's always been very positive like trying to get people to do cool things with at the area <hes> he legitimately loves the space and isn't trying to make money off of it agreed you never you cut. It looked like a cooler version of italic. I'll aw i'll take that as a compliment <unk> yes yes and of course i'm not talking about the topic that dude is sushi junior and he's got a lovely wife and i guess he's got a newborn child al too so he's doing dad live to me. I actually had no idea that's cool yeah so <hes> next question if you were to buy a vehicle and it can't be lambo what is is your all time number one. I've got to have this car before i die. Who car that. I gotta have before i die prob. Maybe like tesla i just i i know i can go with a car that burns gas. I was hoping you were gonna say like a like a king ranch at one fifty larry at right. I mean it's awesome. Although i don't think you can have it but i don't have about tractor third now tesla's absolutely the future and elon musk is one of my one of my heroes so <hes> i nobody can be mad at you you for that in and plus <hes> you're. You're not burning fossil fuels so all right last question and i'm gonna let you go now. You gotta call to this but are you ready. Are you know what this question's gonna be. I gotta get you. Are you ready yeah. Why don't you ask me a question. I your turn. This is a p._g. Show by the way you can say a cuss word here and there but can't be the f. word or anything inappropriate. I'm going to put the aliens back on you. Do you think aliens have ever visited earth. My answer is are we not the aliens. Oh that's my answer sir. I mean like look what else is on this planet right. I mean there's just a course you know we share primate similarities and ninety eight percent. Whatever but why are we so different and how come nothing else became so different didn't kill any didn't some monkeys or guerrillas i i don't i don't know what the difference between the two is but monkeys and gorillas similar looking right hold on for those of you could see i was doing the chest guerrilla tarzan or tarzan but but <hes> king kong and then im- emulating a monkey by going underneath my armpits hands out like i'm looking for you know <hes> <hes> another monkey to plant play. I don't know what monkeys do that for my my point. It didn't some of those recently start building cultures around tools. I think that's how we defined the stone age so i think the give give the monkeys like a a really long span of time and we we might see some early. Humans come home but think about this. It didn't take humans to be that long to become humans <hes> well. What what is the time span of of humans on the planet actually thousand years yes but before that and like we're still we have this missing link right and like a huge star trek fan i do you like star trek yeah yeah i've seen it enough. Okay some of them. I've seen all of them and they were my favorite now. Star trek visits many different cultures many different alien species and you know what the funny thing is about all these different alien species of course they don't go visit. Is it the species that are just basic animals right they don't. They're not worried about insects. That are two inches long. They're not worried about like similar looking snakes. You don't interact with those people on the show. I'm sure like if that that universe actually existed and john link card was actually studying all these different planets. There's been a lot things that just wasn't cool enough for t._v. I get it john luke okay but what they see as they see a lot of these different species and all them are humanoids because they're played by humans and so they have to be like but you don't ever see any four legged creatures or eight legged creatures not like star wars which has like java the hut and then you got like you know the androids and then you got you know some crazy looking thing whatever but but all the star troopers are all humans and what i think is funny as humans. Have this really weird idea about what intelligence is because it's all we know is. We think we're intelligent. We have no idea like what author inter dimensional who knows what aliens might be but i can tell you this. Do i think we're actually aliens. No i don't but there's no reason why this species of humans that exists on this planet. It's like a bunch of cancer to this planet. Earth is the only species that should have survived when we're kinda dumb right. We're smart. We're intelligent. We go the moon suppose way but we all we. We still were still like stone-age in our minds right. I you know this is kind of a ramble. I'll stop now all right last question you remember. I told you i had one more. What's your <unk> all time number one. If you could not do anything else on planet earth what's blockchain. Would you code right now. A theory him works great right. You can do a lot with it. It would probably depend on what you're trying to do. I'd say at theory and works great and you could do it on a theory some things if you're just sending constant updates maybe a theory doesn't work you come up with a work around you could do a different jam so would you say theorems like the swiss army knife a blockchain's it yeah it would generally. There's a library. There's something out there to get. Whatever you wanna get done on a theory it works. It's really well. It doesn't work fast but it. It runs pretty well. Nothing in life is fast. Everything is worth the wait right for for some applications <unk>. Sometimes sometimes you need to do something a little bit faster or maybe you don't wanna share data with everybody out there. Maybe said for you. That's what earthquake said fair enough all right now on that same note and this is really honestly the last question galen and here it is will a theorem scale. <unk> people are figuring out creative ways to do it. I think it won't be like a single blockchain that everyone's writing all this code on. I think they're going to be a few different solutions there. I i don't think it especially matters which one you use <hes>. I think they're going to be many solutions. Maybe abia theory and we'll do. It may be one of them. Well you're so safe. You're so safe and i respect that galen and i would expect nothing less and you did a tremendous job and i'm thankful for your your company company today. Look between radio. It's not so often you're in the company of genius but today you are gaylon earthquake dancing her yup. I paint it. It's mine and and i will always take credit and if anybody ever calls earthquake again i hope they do. I will be so grateful. You just got a text me. Let me know someone called yours quake. Okay jalen sounds good our alrea radio absolutely until next time you know what's up you have to take care of this crypto verse folks because if you don't nobody else will and we don't want the government commit to have to do it for us because that's why we're all here. Anyways you take care of yourself. This is w._b._z. Were bitcoin lives and we'll see you next time.

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eps.060 - LIVE - Merry Crypto Christmas

Bitcoin Radio

1:04:43 hr | 9 months ago

eps.060 - LIVE - Merry Crypto Christmas

"The way to lack give my money. Ui Oh ho. Ho Merry Crypto. Oh Christmas and I don't care where you're from. You should all be able to get on board for the Mary Crypto Christmas train. Hope everybody's having a great night tonight those listening on the podcast. What's up everybody it's your man Joe Blackburn? I'm joined with none other than and as usual Miss Jim Scam Polo. What's going on Jim? Yeah Oh it's the night before the night before. Christmas or Crypto Christmas I guess welcome everybody. Such a festive evening. That's right right and if you're listening to this and you're not watching it. I am wearing my crypto Christmas hat. Hoddle Hoddle Huddle hat. And I'm very proud of it. Actually think I might start wearing a more capitalist cooled my hair coming out the bottom of it but anyways that's neither here nor there those watching right now what's up everybody It is the Christmas Eve eve and and You know obviously cryptos worldwide. I know not everybody celebrates it. Happy Holidays are Or Happy Normal Day for those of you that are just experiencing the the twenty fifth of December as as if it was just a regular day. I know that happens for a lot of folks but most importantly Bitcoin is sustained and nice price Are You surprised prize Gibb. We've held seven thousand. I know that that a lot of people were calling for low low low and it's stayed stayed state while yeah it was nice after after last week's live when we're talking about star wars and and football for like forty minutes woke up to the price go up so nice little. Ah Bouts. I guess it's been a week of not talking about stars and football things might start tumbling down a bit. No look we might need to make sure that we do this all the time. Because I'm not one to break traditions. especially if they mean that bitcoin prices going up nevertheless we are around three hundred bucks a couple of days ago we visited the seventy five under Dr Level. And that's really really healthy. Sign that bitcoins. Got Some Bush days in front of it In fact I've seen a lot of the bigger names start shifting getting gears when we didn't continue to drop but I and I want to say this wouldn't in all seriousness as that. You know Crypto for Christmas still perfect time for those those last minute gifts right. bitcoin is literally one of the best gifts to give somebody and if they're not paying for it they can't complain about the price eh period. Right they got for free anyways. So I mean whether it's five ten fifteen fifteen hundred or fifty bucks whatever you can afford you know if view if you need a last minute gift There's a lot of different places you can go to to do this. I obviously I use coin base. But you know I've had somebody on recently with with being oh to give bitcoin dot. Io I thought that was a really good alternative to the coin base buying and selling aspect. And you can lock it up for you know. Lock it up for three years and I've been saying that I need a Crypto piggy-bank. Jim I mean. Do you agree with that though like that. It's if you could just you know. Give people bitcoin and it will be locked up literally for a year. They couldn't so it. Would maybe entice you more to give it. Yeah I think that's an interesting interesting idea. I guess it's almost like you know back in the olden days given a savings bond or whatever Like your grandparents would give you a savings bond and then I I mean I don't even really know the the science. Yeah Yeah evenings bonds. In general like it was kind of a similar where it's like a you know maybe it'll be worth more you can't touch this money So yeah and especially with something like like like bitcoin where where you kind of have to keep your grubby mitts off of it for a while. I think he can only be a good thing. Dow agreed agreed. All right so I'm actually just sharing this T.. I always Jimmy. You gotta stay on me man. You gotta stay on. I know right all right so last. It's time we talk though I've got to. I've got to ask you about what you haven't seen star wars yet. Obviously no spoilers those you have not watched it you know. I haven't either but you know I. I know you gave me some some some thoughts of yours. WHOA WHOA you pretty much? Tell me that you're a little disappointed. Yeah I didn't love. It's the New Star Wars. A lot of people did so. Don't just take my word for a lot of people do it definitely seems like People have been fairly split blitz online. A lot of people loved a lot of people kind of disappointed. I did see it twice so I mean that does show you something I've seen twice. It only came out last Thursday night. Played a little bit better on the second time. I guess there's just some some it's a it's a fun movie. It's great great affects ex- CHIRP action. It's just getting over some of the choice story choices that didn't jive well with me. Guess as she fell asleep. I'm assuming she's talking about during the movie which which is interesting I Love Star Wars Star Trek Guy by nature but I can appreciate Star Wars. I don't think they're connected. I've said this before. The only the only different aren't only similarity that Star Trek and Star Wars. has they both have star in their in their title. And that's it right so But I still do love The the idea the concept in the storyline line of Star Wars But you know I'm looking forward to seeing it. I will wait probably until it calms down a little bit. I'm not dying. I'm not rushing to see it like I will be for when the next star. Trek comes out but but I will definitely be there but something I want to kind of transition into is. Don't fuck with cats new show on net flicks and I gotta give a huge huge shot out to Diana Thompson. She was one of the original. Og members of see. She is one of the main characters in that documentary main. I guess not characters main focal points of that documentary. If you have not watched it yet it is intense. That is an author. Jim Have you watched it. I have not. I did see the chatter and some of the posts on CCT about the CIT sticker popping up And yeah the one of the users was on there and at the what's something they do with like some cats that got killed online and people hunting them down or something right all right. So it's either. I was what I was expecting. You know and look at a guy again. I WanNa make sure I give. DNA humongous Incredible props this. This woman did. She did her park assuming this she was probably the humane. The main focal point as the perspective comes from and you know knowing DNA. I had no idea she was ever involved in this and this was back in two thousand ten I think is it stay. I started watching. I watch one episode tonight and then I literally could not stop watching it so if you have not seen it and I'm not one for you know we're your documentaries. This was if not the best one of the Best I've ever seen But also have questions about a two and I don't Wanna I don't WanNA spoil it at all for anybody who hasn't washed Ashdod but essentially it's this is that there was a video posted back in two thousand and ten about this guy who made data video by he stuffed to Alive beautiful wonderful kittens into a A bag they evacuate back where you could. I mean it was. It was okay as they injured. But obviously the exit was was was not very pleasant and The video made a lot of noise and social media was just becoming what it is today. and you know. They rallied some troops in the became. They created a group. And before you. There's a bunch of people who are really interested in finding the students and such begins one of the most intense and just utterly like interesting and I hate to say that an entertainment way because it is not a nice story the whole thing but it is exceptionally captivating. It's something that I would recommend mend as go watch this. I Like I will tell you Jim. If you haven't watched Jimmy you better go watch it tonight dude. You're not going to be able to stop. It's worth it anyways so I'm GONNA stop there but there's more to the story. It's not just about that and it becomes intertwined and there's some really cool like you know I again Dan. I don't want to say it's like a cool story because it's not. It's a terrible story. But what Deanna date and what her partner and a few others in the way they. I'll tell you this much though. I'll just put this way. The Canadian police need to get their act together. Maybe they have. It's been almost a decade now but I'm going to say I was like man. I know there's a lot of things you could say bad about the police but Jesus in the United States that they would have done figure this out man they would have been over. I was just like I was. It's like oh how could you not. What the are you joking I was I was like literally anyways? But I'm going through this Deanna Thompson. Amazing MMC taste. She was really really involved early on. She's a huge crypto. Advocate has been for some time And she had the Crypto coin trader sticker over the The the HP I guess yes it was HP or whatever brand that the computer was because they didn't have I guess writes the bill to put that on there. So she She put over the sticker and I I mean it was the coolest thing that's happened to see Steve. My opinion that's a cool shot out and I mean I'm Kinda picking up what you're saying where you're saying like yeah you don't want to say it's a cool story because it sounds like there's some villainous Elena's people involved although it sounds like there's some really cool heroes involved exactly yeah it's quest to is it Like I do you know off hand. How many how many episodes is it is a lot? I watched all three of them Last night I think I finally got to bed had around two thirty three. AM and which was like be like one o'clock your time but I mean I had to get up early this morning like eight you know so I was like like drag. I was like man. This sucks but it was worth it. I would have done it again. I might even watch it tonight. There's just so much going on. I'm telling you Jim if you don't watch it tonight and if I don't get text threes thing I watched it. I'm actually going to be mad at you. I don't care what you gotta do. Well Yeah I mean. It's if there's one thing netflix snows. It's knows how to keep you up where you're like I'll watch it's one of these and the next thing you know. Yeah it's like three or four in the morning we'll watch you know three or four hours of a of a show or movie miniseries. Whatever so cool to see and actually what a great fun shout out to sea? CT and one of the hero. That's awesome yep now it was. It was really cool anyways so now about that. You know. We'll get a little bit of the theme tonight and that is you know As the title says what do you want for Crypto Christmas. And you know I've been making my list estimate checking it twice but even three or four times and I've kind of reposition a few things on on what my expectations have been. And you know if Jim I know you remember this yes but I kind of went on a little rant not too long ago about you know. What are our expectations? How how should we expect bitcoin to be? And how realistic are those those expectations and and you know it's it's really important to me that people have a really good grasp of what's going to transpire in two thousand twenty not that anybody actually knows but at keeping a realistic outlook is something. That hasn't always been the case in Crypto and I'm just as guilty as anybody else but maybe that is just the capitulation that everybody's been saying it's got to capitulate which means like everybody's gotTa finally give up right like. Oh It's whatever I'm done. I hate this space. Space will never recover but at that point and I'm sitting here I'm bull. I'm a constant optimists jamming. You know this so does everybody else. But when I'm like you you know what maybe we do need to be here for a minute and maybe we are where we should be. I don't know maybe that's the time it goes up. Well I mean yeah. I guess you're talking about like realistic Nick Expectations and I think I think it's good that you always stressed that And I think it definitely helps when things might be in a downturn. Turn because like I said last week because we're in we're in kind of a mighty downturn last week and then like right after recorded things on the COP. I think you're right. Your words matter you got through threw people out there but like you know I know a lot of its click bait and this isn't just something that happens in the crypto community by like scrolling through like court and Telegraph Right. Now now you know. Bitcoin can hit two hundred fifty K.. Twenty twenty reaffirms. Tim Draper so like stuff like that. I understand it's kind of a good thing but then as does does that also have negative like side effects as well where people are always throwing out these like you know. Obviously McAfee has his own thing. Where he's he's good Mac? It is an attention and whatnot. People keep throwing up numbers like this and then it dipped to like sixty two hundred. Does it kind of backfire. People like what talk about two hundred fifty eight right now. Jesus okay great question. Jim and I and I like this. If you go back in time throughout throughout the Queen's existence Bitcoin has had a very steady climb up. If you just remove you know the two or three months of of And David was one of the people who pointed this out adding. I've said it before too but David really did give a good outlook on this on that last line that I did If you remove a a a a couple months of the year you know of two thousand seventeen you really have this this steady climb up and then we've kind of just gone sideways. You know at this at this price and the foam. Oh the excitement. The the the anticipation of it could continue to go up the the public's new money entering the space and inflated a theory on price all these things contributed to a substantial rise but most importantly what happened is even though we do. We did come back down. We have recovered to a very reasonable. Aw Price and he sounds like a broken record sometimes but if you go back and you say two three four or five years ago. Bitcoin is going to be seven thousand dollars one day. Nobody would believe you nobody. Nobody would be like. Hey Dude you are so right. They'd be like fro. You are insane like bitcoin join. Can't get to seven or eight thousand dollars six thousand bucks. Come on Bro. Like don't scare people off. Well guess what then happened now. We have these expectations nations that its failure right now because we're not back at a certain price which is wrong. It's only not back at a certain price if you bought in there and yeah sure I mean we would all bitcoin. Bitcoin twenty thousand dollars immediately today or yesterday for that matter It doesn't mean it won't right and so today I look at the price of one hundred thousand dollars gem and I say you know an and Musa's I had a conversation with him not long ago about this one hundred thousand dollars the new ten thousand dollars what one thousand our Bitcoin Saul ten thousand dollars as you know one thousand percent anes. Nobody was taking that seriously. Well that's what we are today right. We are at the point where a hundred thousand dollars feels impossible based off of how like where's IT GONNA come from. WHO's going to enter to make this go up? Who's going to buy at that price right but nobody could ever see anybody buying it? Today's price right and I stress. This we're coming up on the the eleventh year of bitcoins existence. All it's ever done is prove who've everybody wrong and it's because there's a formula to folks it's not about the charts it's about the actual use case of Bitcoin the rarity the limited supply and that will always continue to be the case. It's Never GonNa Change. It's never not going to be rare. Twenty one million bitcoin join. That's it forever folks. In at best case scenario twenty one million people can own twenty twenty one million people can own one bitcoin not to mention the fact that we've lost four five million bitcoin not to mention the fact that most people won't have that ability because there will be hoarders and people who have one hundred two hundred thousand awesome. Bitcoin I mean it changes the game folks. You don't realize it does come down to math and coins not gonNA lose a whole bunch of people where or they're just like never getting back in this. No if you are in if you're listening to this you're probably going to stay in Bitcoin for a while. You're at least going to be paying attention to it. What's up force long time? No see brother congrats on the new house. Man Yeah and I guess to be fair like when you go past the headline there more talking about like two hundred and fifty K.. By Two thousand twenty two although they do hint that potentially could start seeing sky high levels by the end of twenty twenty So you know I mean you know. Click Bait works works you know how the media works. It's all getting those is all about getting those clicks but yeah I just think it's interesting 'cause 'cause it's like I understand these these headlines and kind of exactly like what you're saying it's it's it feels impossible but like you said now felt impossible not too long ago I I guess it's those hit harder if you're in like the tougher times when it seems like things are on a downswing because you're like all right. What was all that other talk about? What are we talking now? We're thinking thirty five hundred. What was that two hundred fifty K.? Talk that's right. Yeah no I mean like things is you. GotTa you have to have realistic expectations right like it has to be. Hey that may not happen and anybody telling you anything for sure is going to happen if I say bitcoins for sure GonNa be eight thousand dollars tomorrow or next week or next next month. I'm guessing not if we could all freaking tell the future we would have done S. A.. Longtime ago we would be living on our beach right right Jim. Oh for sure I mean we'd have a gym and Joe Island adventure where you could come and you could just like live for free because we'd be so rich with so much bitcoin. It wouldn't even matter you know if we could tell the future. I mean we would just own the whole world we would just be like Yep I bet on this game Yep I bet on Bitcoin Yep I bet on gold and nobody can do that and if they can. They're doing it really well and they're doing secretly so they don't abuse it so nobody else figures it out so he just hanging with like we said the the guy from office space the end. He's hanging on hanging each. Yeah I had somebody actually Write me a message about my my comment and He showed told me that someone actually made is made the stapler so pretty cool. I'm sure they got rich as Hell I. If I went to the store I knew the state bar and I saw the red stapler her. I would literally buy that just for I mean if especially if it was the same price even if it was like a dollar to more by it. Wouldn't you sure yeah absolutely you have to. It's like it's it's not like in that spot anymore where it's like cool like oh everybody's got red state board. No it's like right now it's like you're an og if you have a red state so skimming skimming through like when you shared this. Actually Fred Krueger. who was on the show and telling him to break down end of the year thoughts so like libra for example? Like you know he mentioned like kind of one of the biggest failures the this year and probably no go for even going in the next here so what happened. That is that just government stuff. Was that just your perspective. What's what's going on there? You think so the most beautiful thing about that is how okay in Jim asking you this question I answer your question the question how is it that a a crypto a perceived cryptocurrency crypto project. blockchain project should I say was called in the Congress sitting in front of the floor and answering answering questions and Bitcoin wasn't interested. How how? How does that happen because they have? They have a head. They have some allies right right when you could call in so number. One the answer to your question or they could have called in Joe Blackburn to speak on the BITCOIN staff. Do not the please no. Actually I refute that. Please do not ask me come to Congress for several different reasons one. I'll be really honest and be like excited. Sided as hell. I am in front of Congress I will. I want to livestream that Kim can. We put the let me go to Congress. And let's can you build a studio radio and inside the House we could just well. We can just a green screen. Yeah Fair enough when you cross examination. Oh Oh man yeah let's go. Let's go ach. I'm going to call her. Ach from now on which sounds like a cool star wars name or even star trek name. It does yeah. Okay Aachen Aucun. I would have some really cool conversation anyways but what happened with libra is that you know people I mean and this is this is speculative right For most part. I don't believe that our government is the worst government honor. I don't think that they're out to get us or to kill us to put us in a bunch of like little small jail cells where we're all going to end up. You know being socialist pieces of shit the relied all right. That's not what I'm saying but at the same time you know you have to think that there's a lot of bigger things involved and there's a lot of big money involved in government and a lot of people get really rich from government right whether you're a defense contractor whether you're a politician whether you're the president you know there's a lot of things happening where where we're a shakeup of the status quo can cause a lot of pushback. I think you're seeing a lot of that with trump right now but obviously that's that's a personal opinion and I'm I'm not saying good or bad on that on that level now I will go into though is this is that the governments don't like things that they cannot control and that is not not unique to the United States. That's not unique to Europe. It's not unique to Asia. That's unique to human nature. If you're in control and you see something that might really really changed things a lot you you're gonNA you're GonNa be interested and let's be honest. America has a pretty good and so two take to introduce a new currency of any type. And look let's not pretend like facebook may be the most powerful influence in the whole world it to me how. How much more influence can you get than facebook? I mean they can give you a message if they want. They can put something in your inbox that can make you see what they want you to see or not what you see. They are literally the most influential not powerful necessarily but influential which influences power and a lot of ways. Why would you want to hand them the keys to the bank and be become a bank they would? The the next empire is not a physical empire. It is who takes control of the digital Internet and facebook's well on their way so that's my opinion is that the reason why we're and look it may not be a bad thing. I mean if facebook was decentralized and they were taking it over and replacing Bitcoin. I mean it's it's the same thing I mean and of course. I'd be disappointed that my bitcoin is not going to go anymore. But I would definitely say that on a ethical level. This is kind of what I've been hoping for Jim. Yeah right take the money away from the power. Let those to let money be sovereign. Can you imagine sovereign money right. It doesn't exist. Yeah well in so but I and I do kind of agree with you. It's not so much that like people in power are doing it out of like self interest for us. The people doing it out of fear of losing their own power is even going going into that when they brought facebook in most of the headlines. Were it's mostly about how what fake news. And how they handle. The way information is being spread on their platform And again. I don't believe that they're doing that. Because they have some sort of greater good self interest. It's that they're getting a little worried that they're losing some of their own influence. Wouldn't you though like that's the thing about this is is that everything that you that people cus- facebook of I always wonder and I even bringing this back on a selfish level. You know people have accused me of running. CCD certain way right and it's fine. I'm open to what's Muhammad. I see that saying I joined us as well. Inga has gone whether it's myself running a a facebook group or whether it's you know Congress and the Senate House you know whoever might be running whatever entity it is people are going to complain. People are going to have opinions and that's fine. I'm always open to criticism. I'm open to doing things better. Learning I don't think I know how to run the facebook group of the the best facebook group in the whole world. I think I have one of the best in the coolers facebook groups in the whole world. But I don't think you know that I've learned everything there is learn. I'm constantly learning these things and and it's it's an evolving space but think about this gym if somebody were to come to me and be like. Hey Joe I heard about this new facebook group. They are looking to despic- at first not worried now. Whatever I mean let let them try but then let them have like some way of of completely taking over and then doing whatever they wanna do? The crypto space. I might have an opinion on that at some point right. Even if it's it's not like I'm worried about losing my influence. I have a huge influence. I have a wonderful wonderful community and I'm very proud and I very respectful community but what if I thought that that community that was popping up was not the right. Well it's just like an ex. RPG like you know bank show fast where you get rid of Crypto. You know. Let's be let's have some more centralization allegation or more maybe potentially like world dominating you know Thoughts where where everybody would. I might want to fight back against that even if I everybody's opinions relative and I don't want to. I'm trying not to make this too big of a deal. I'm not trying to over over. Compare myself here just think about it like like as if what if another facebook coming up in Crypto. That was doing something that was a little bit more Malicious potentially not necessarily saying that's facebook intention. I do think facebook's idea is is honest to certain extent but I know that Zuckerberg knows what's happening. I know he knows the power that he's I think. The student wants power. You know. I I mean Zuckerberg giving me no reason to. I think that he's a great guy you know. I think he's a brilliant genius. But I have no reason to think that this dude is here to help everybody know. He's one of the billionaires the billionaires that are richest in the world you know these love and life chilling watching people might post and fighting about politics. Yeah yeah well I always think the interesting thing is like especially when people get into the whole like fake news like for whatever point of view. You're coming from. I just love that. People try to act like they're the ones that are not susceptible where they're always like you know whether it be The the you know the left wing there. They're spread their fake news or on the right wing and it's like no we all gobble up to the same. We all gobble up. Whatever you ever spread fake news before like on Troll people oh yeah of course the troll your midnight sometimes you see a headline and you think it's real and you share and then you feel like an accident about global. I think everyone said that where you're like. Oh this is not real or sometimes it's even like this is an old headline. This is not a current thing like Oh shit it because you just skim it or you see the headlining share it But yeah I I just think that's interesting because whether it be you know like a Oh see you're donald trump and everyone thinks oh we'll know the Russians are for you and you know it's it's just interesting to people use it more as like a like I'm a I'm smarter than you a platform where they're like you know blaming facebook for people that don't do their own research Sean. When they just read a headline or join a group and see other posts you know what I mean absolutely absolutely and the thing is it's like that's how things have always been as far as whether it be politics or just advertising in general I'll go buy cocoa by Pepsi? It just so happens bins that maybe more people can manipulate it. Now because you can get A social media account that has influence now You know what I I thought about this gem EIB really point there. There's a lot that's going to change over the next ten to fifteen years right. I mean I. I think we've all been privileged to be part of the most recent change you know but overall technology as a whole what is the goal of technology algae. Jim I typically used to make life easier yeah to make us lazier to make us more complacent and to be able to enjoy the laziness. Ns of life. And there's nothing wrong with that. I mean like the more you can do what you WANNA do. The better right. I mean we are We're in a beautiful beautiful era of the world. A one that has I mean even thirty forty years ago did not exist. I mean people did not just chill on the couch trade bitcoin and make a living and get really rich. I mean people are still doing that today. Obviously but that's only been a recent development and you know typically you had to have money to make a lot of money back in the day or you could work hard art and retire at sixty and you know and and live a good life of what you've built and hopefully you paid off all your debt. You Know Your House and you don't have too much left and you can just give your kids your money. Any you know but we're in an age now where things have changed a lot and those changes are just beginning if you look into the fifteen twenty five years for now Jim. How different is the world like? I mean like how much more can we make things easier right like what's next in this and in return how many people lose jobs because robots right. It's a big deal. It's not a small thing folks folks. It's a big deal now. There's definitely not. It's not like people aren't going to have jobs to do. You know there's GonNa be things that need to get done but the jobs are going to become more or rare and there's GonNa have to be a certain way of of making an income and people are already making income entertaining other people because there's extra money there's extra free time and when you don't have free time you can't watch a facebook or a twitter or a youtube video right and this is only going to continue so people who have influence fluence now the people who have an actual reach that is a big freaking deal over the next few years. Now tying a crypto bitcoin. I mean you know blockchain style business or some sort of Of of topic. There's some really big potential here and I really encourage folks to really take advantage of this moment in time when it still. You might think it's crowded but it ain't crowded get folks in fact. I think it's crowded. It's ever been in this space and in needs more people especially if you're a listener if you're somebody who wants to do this I would encourage you for several different reasons but number one you know because people need to be able to hear and it doesn't matter if it's me doesn't matter if it's is Jim doesn't matter who it is you know we just want the message to get out so I'm hoping more people start taking advantage of this moment in time in the future. I mean Jim like what do you think. Twenty five years from now where people doing for a living. And it's interesting. I don't know I think twenty five years now we gotta go Yangyang Because if we got robots run in the world. We need Yang to be Sending us our basic income just sending US Jackson the middle. We have free money. I like a I'm a young FAM- You make a great point though and I think one of the important things with that is that like with the Opening up a free time and more avenues. Avenues of entertainment I think what one of the big things that some of these younger influencers whether it be morning it's entertainment side like a youtuber or twitch stream or something like that. I think those people are GonNa get smarter as far as doing more of the legwork on their end because when you hear stuff about how like the youtube bad poc ellipse and how like some of these companies like youtube or twitch made decide to change change their guidelines or they changed how they monetize and how they allot but these people ended up having these big audiences and they don't know how to leverage it properly because then they just start blaming blaming youtube. And it's like you have a million followers or whatever you could go find your own your own sponsors answers in your own like you. Can you can leverage that audience in your own way. You don't have to worry about youtube changing their stuff And I think that's kind of a harsh lesson a lot. The people are starting to learn especially with things like youtube or even like just social media in general whether it be twitter facebook when they start changing the way their algorithms work and if they start Like maybe trying to hide your your group or your page or whatever because they don't deem it part of their guidelines lines victim of that general as a whole yeah. I think people just need to really start like realizing the power that they have because Yeah Youtube. Youtube has a lot of power. Yeah face because a lot of power. I don't see them going away anytime soon. Correct you got to remember like you have a user base and you could really leverage that on your own as well no well sad as as this space in blockchain continues. I mean I'll bring up this point right now jim is. I don't know if everybody who saw or WHO's listening. May Have seen this or not but the Pentagon issued this warning essentially about DNA DNA tests like Twenty one to me and ANCESTRY DOT COM. They're like look. This is an invasion of your privacy. Potentially because there is no there is backup on. WHO's getting your your DNA like we don't know like it's not necessarily say for you to give a company your DNA? And there's there's no rule rule. There's rules about your privacy but this kind of is a little bit different. It's not medical. It's it's I mean and I don't want to speak for this or they Putting Pentagon here but you know pretty much what they were getting it was look. You're sitting your DNA to people that we that nobody knows what the hell's happening. DNA right there telling you something but how many times have you been lied to by some company right. I mean I ever in a company does that I mean especially facebook exactly right right and you know what I mean. So first and foremost the first thing I want to say as Duh. What do you think folks? I mean do not do that. I mean you WanNa see where. Oh you're in you know where your ancestry came from. Maybe not all of you most of you. If you're a white guy you have. You came from Europe okay harder. You're up how long have you have you done one of these. No absolutely not. I've done twenty three and me. Oh got him out now. I'm six point. Four percent sub Saharan African so take that UPS GP stretch. What are the other ninety? Four percent I I also. I am point. Three Percent Ashkenazi Jewish. I'm also one point. Four four percent western Asian and North African. So actually if you add up and then one point four percent East Asian native American as well. So I'm I'm actually ten ten percent personal caller. I favor I want you to hang out in Harlem and go tell people at your black and not right. I've already I whoa. I haven't done in Harlem but I mean I've already made these claims because I this the numbers don't lie but yes I'm probably eighty eight point eight percent European. Why this is but now this is not common? This is a high range of of African and Asian. So so that's where a lot of my culture comes from well fair enough. I'm not here to to to fight or argue but I if I feel like you're a white guy and obviously you know I have respect for all cultures all personalities all types religions I respect humans as humans humans. I but I don't think you're very black. Jim I mean that. Like with all due respect I know that you you you probably. Can you know some parts of that heritage in some capacity. Hopefully things that you want to show me. I wish you the best in that endeavor But but what I'm getting at here. Is that twenty three and me ancestor dot com regardless of you know what's a couple percent you might have some some Hispanic in you or you might have some some some some sub Saharan African or whatever might be it might be down there somewher