Mike Jerk. I can hear you all. Can you hear me? Yes.
Cool. We'll start in one minute.
Oh, it do be lost or it's alright. It's alright. Maybe we'll get some people on the recording. That's cool. Oh, it's back. Alright, alright, alright.
Let's just go ahead and get this going. There is literally no agenda really to what we're doing here. This is really a social experiment that Nathan and I are doing. It's called 15 minutes go, essentially
We're just going to chat for 15 minutes about different topics. A lot of it will be cryptocurrency related at times, but wherever the conversation goes is wherever we're going to take it. So we could start talking about freaking crypto and then end up talking about
I don't know monkeys in hippopotamus. It's probably gonna be I don't know mostly crypto weightlifting
women masculinity, Alex and I are both into that stuff.
I'm sure it's going to come up mostly, but just a general kind of like work related topics, just topical things relevant to current events. Yeah, life stuff. I noticed there's a lot of these podcasts out there now. They're not really
Interactive and they take a long time and they have their loyal fan bases and everything but with us it's just going to be you know day in and day out we're gonna do these things 15 minutes they may suck they may be amazing but at 230 we are done fair yeah
And then I think it'll also be interactive because people could just comment on here and we'll bring guests and stuff like that. So yeah, and one of the things I'm really interested in is, you know, we've both been working in the industry for over 18 months now and
Being inside the industry, I think is very different than what it looks like outside. So I've always really wanted to kind of share that with people and kind of just let people know what crypto is.
inside these companies and the relationships that people have and kind of like the driving factors behind what what gets things done. Yeah, I mean, I think we do have to be careful with what we say and don't say.
because you can't reveal everything, but I definitely feel like we need to give people an insight, especially like the crypto enthusiasts to see what life's really like. It's freaking, it's complicated man. There's a lot of
nuance, there's a lot of challenges all around the board whether it's a heavily funded crypto startup or one that just blossomed out of an idea.
And so I guess you mean we shouldn't be talking about like sis labs and stuff like that.
I mean, we can talk about stuff like that. Just talking about like the stuff that we deal with day in and day out. Like, I don't want to be talking. It's easy for me to talk crap. This is what I'm saying. Yeah. I don't know. I'm not like.
I feel like it's actually kind of hard for me to talk crap. But it's easy to ruffle feathers. I suppose.
You mean like pepper and stuff?
Oh yeah, yeah. I don't mind ruffling feathers when we're talking about literal garbage. I don't know that Pepe's garbage. I'm still hesitant to call anything garbage unless it's an outright scam. I would call bin garbage. That new token, but like Pepe is like, you know, the whole market just
For me, when I think of memes, Pepe is the most iconic. It's something I would be interested in holding if I was still buying shit like that. That is what it is. Because I've totally stopped like
Once I started working, I totally stopped trading anything. It's not my mindset anymore. I don't think about it anymore. It's like, oh, you really work about it. The industry is. So you rather just not even get involved from a trading standpoint. Yeah.
Exactly like a new topic, but I think you know the big thing kind of holding all that back is the SEC and all these regulatory agencies that really refuse to provide clarity on what the rules are and
You know, something, something Alex and I are seeing is, is a lot of these companies are moving to places like Dubai because the US is like,
At best, it's unclear, at worst, it's openly antagonistic and hostile to these companies.
Yeah, there's no telling what's gonna happen right now. It's just a big gambling scene in crypto from a retail perspective.
and the innovation is kind of being halted by what we're seeing, you know, governments do like the US. So I think that's why you're not really seeing
a lot of seriousness in the space right now which is kind of leading to like people want to make money right so we're gonna try to do whatever they freaking can to make money so you know you're gonna start seeing scheme after scheme after meme after meme
And Vishnu to answer your question, Rolex is progressing pretty well. Just take a look at the last few tweets. It should be out sometime next month. So I know you made a comment there. Yeah, Rolex man.
You know, it's like I didn't build it, but you know, I'm with the team that did build it and it's something like that I'm so proud of. It is such a cool product. It's really going to be blowing. I think a lot of minds, a lot of these guys like, so like we, we
So we took a straight optimism fork, which is, so it's really easy to compare how this optimism were to perform on cis queen versus something like Ethereum.
it gets about three transactions a second, it costs about five to 20 cents to send a transaction. You know, we're probably going to be doing 750 transactions a second. And it's going to, it's so cheap, it's basically free.
I'm talking about the gaspiest emissions zero zero zero zero zero like yeah it's like it's like the uh the thousand third ten thousand potassium point it is it is so freaking cheap yeah Rolex is kind of like the big
baby right and then like all these challenges to get it all set up but not challenges in a in a bad way as in like oh we can't do it it's just figuring things out because there's so many nuance things when it comes to blockchain where you know you're not just going to
Pay millions and millions of dollars just to get something set up. It doesn't make sense. You have to take a smart approach. That's how it's going itself has survived so long.
And that is a big challenge because you can pay money to get projects on. But we try to go a different way where we have a
a relationship focused business approach. You know, it's about meeting people who think like we do and we sell them on the tech and
Um, just give them to, to kind of throw their weight behind us, but it's, you know, it's a big problem. It's like, like liquidity likes liquidity and TVLX TVL and, you know, no one really
wants to be the first mover because there's a lot of risk associated with that. So that's one of the big problems we're trying to figure out is, you know, how do we attract TVL to a chain that doesn't really have any.
making friends. Making friends basically. I mean that's kind of what life is all about isn't it? You make friends and friends bring you opportunities. You show someone how genuine and legitimate
You are through your character and you just might meet that right person or those right people that help you propel upwards in life. The same thing could be said for business.
And that's why narrative is so important, especially, you know, we're on this topic of blockchain and it applies for everything, but narrative is a very important thing and that's where
We need to figure out a way to create that narrative, to prosper our careers, to prosper, to this coin and blockchain, because I mean we got freaking
and Jag that's literally thinking years ahead in the future, but a lot of that is depending on a narrative. Right? Even he could be 100% right, but if people force upon another narrative,
then it's not going to work as well. Like you got people focused on scaling Ethereum rather than scaling block. It's like I understand Ethereum's a gold standard for smart contracts and programming money and things like that, but they're ignoring the bigger picture.
You know crypto has taught me.
Everything's made up. You know, it's really interesting to think about the dollar in terms of tokenomics.
Even like banks and like the Federal Reserve and stuff like that, these guys run on narratives. A bank can be under collateralized, like OOEWX 13% collateralized, right?
So I'd be only have reserves of 13% and it can survive at that level as long as narrative never shifts to panic. And then if everyone tries, if everyone panics and tries to pull their money out at the same time,
It's like it's an extrapolation of just the real world.
It's really no different than the existing financial system. It's just more open and transparent and free. Yeah, and amateur. Yeah. And moving, moving five times as fast. Because like, like previously, you know, like, like the night,
Basically, anything after 2016 doesn't apply anymore, but the US used to hit a recession every 10 years, but Crypto would go through a recession every 2 or 3 years. It was just iterating so quick.
And it reminds me of like the dot com double.
that it was you know pets.com selling for $100 million dollars.
you know, it all looked like shit and like you had like at the time writing articles calling it a passing fad and what that did was it, you know, that wave of money
It wiped out a lot of people, but it built up this essential infrastructure that everyone uses today. And I think that's where we're at now, except
are big challenges getting legislators and regulators to kind of like really understand what we're working on and write smart bills that effectively
kind of make everyone act honest and keep people accountable without really restricting progress and experimentation.
Yeah, and I don't think that they're gonna they're gonna want to do that because they're kind of all in it for themselves. They want to control and with crypto There's a limited control, right? That's why they want to usher in the CVDCs and things like that
I've had a question for you. Yep. How long were you in crypto before you started doing stuff on that amask?
I got in it pretty quickly, but it's funny because I didn't use Metamask at first. I used Tron Scan because I came in through Tron. But it's the same concept, right?
I held it on some weird wallet like stellar lumens. It was all I was so freaking paranoid the first time I was using crypto man. I was like oh man, I'm in the
press the wrong button and lose all my money.
But I figured it out for the most part.
I'm a barista status. It took me five years to start using like, on-chain stuff. I was always centralized exchanges and I was just, I did two things.
I gambled on centralized exchanges and I obsessively read about it as much as I could. I could never get enough of it, but it wasn't until I started
started doing this on-chain stuff that it really all started clicking for me. Yeah, it all makes sense. It's like you're going through your own world in a way.
It's a database. Yeah. Good.
That's the way I put it. Anyways, man, we're coming up on 15 minutes and we say we're stopping right at freaking 15 minutes. So I don't know what we're gonna talk about next time. It was kind of cool just talking about crypto.
I'd like to get into other things, but we're going to keep doing this, whether one, two, zero people listen to it, and we're just going to keep consistency. That's what life's all about, consistency.
You asked all these influencers and stuff like how they grew. It's consistency. They keep doing it and doing it every day. Any last word? No consistency. We're going to get better. All right, peace out. All right, wait a minute.