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DECENTRALIZED CLOUD SOLUTIONS
Recorded: March 25, 2025 Duration: 2:03:41Space Recording
Short Summary
Flux is launching decentralized cloud solutions and FluxMed, aiming to innovate in Web3 infrastructure and healthcare. Strategic partnerships, such as with NVIDIA, enhance their AI and blockchain offerings. The project emphasizes privacy and cost-effective solutions, addressing traditional cloud computing challenges.
Full Transcription
What is up, everyone?
Happy Tuesday.
It is Tuesday at noon Eastern, which means it is time for Tesla deep dive.
This is Imprador Maximiliano behind the Wolf account today.
Gab is traveling, but we wanted to keep the momentum going.
And boy, do we have a lot to talk about Tesla with a fantastic move off of those lows after...
I would say getting unfairly beaten up, honestly.
There's been so much stuff going on here, of course, a lot to talk about.
But just since Friday at the open, we've moved up 21%.
We're currently sitting up right at 19% or so from just from Friday's Open.
So a nice bounce here.
Obviously, there was some people trying to short the stock, which may or may not have been,
from what I've been told, a...
a person that we may know in the Tesla community that kind of started that over on the Reddit side of things and started up some trolls.
So interesting things going on.
We've got Omar and Penny up on stage.
I'm going to toss you guys co-hosts.
We've also got our friends over at Silicon Valley and our friend Landon, of course, up here as well.
Excited to dive into the Tesla conversation.
Penny, how are we doing today?
Hey, sorry, I'm having mic difficulties.
Give me just a second.
No worries. We definitely want to get that worked out.
Omar, great to have you on stage as well. How are you doing?
Hey, doing good. Great to be here.
Did I see you were down in my neck of the woods, not quite my neck of the woods, but saw that you were down in Mexico recently?
Yeah, I just got back yesterday from a friend's wedding in Sallulita, so it was beautiful out there, but glad to be back home now.
Yeah, absolutely.
Hope you enjoyed your time.
I'm sure you probably did, especially a wedding, always a fun time there.
Omar, I saw you getting after some of the trolls.
I thought you got hacked one day, to be 100% honest.
I was scrolling through my timeline.
I was half asleep, and I saw something.
And then, of course, I caught on pretty quickly there.
But it looks like you've been having some fun on the timeline.
Yeah, definitely. And I think really it's great to be back after spending a week with a golf cart as my primary means of transportation in Sayulita.
It's great to be back in my Tesla, which has a stereo, which can drive for me with the push of a button.
You definitely appreciate it a lot more. And yeah, this is a crazy time for Tesla. A lot is going on.
But...
Really, I think the overarching thesis that the world is going to need autonomous electric vehicles and robots is really still the focus for me.
All this craziness is going on. It's distracting people. You're seeing crazy moves in the stock, both directions, and that's kind of how things often go for Tesla.
You really see...
all of this sort of negativity, attempts to make people afraid,
attempts to convince ordinary people to short the stock so that the price gets driven down.
You know, these sorts of coordinated campaigns to attack Tesla,
they do them because they do work, right?
If people short the stock, ordinary retail traders,
if people are making people afraid, then...
I think you are going to see some impact on the share price, maybe on deliveries.
But then the flip side of that is when you have a bunch of retail traders who have no idea what the hell they're doing,
learning how to short a stock for the first time when it's just been cut by 50%.
You can often get an explosive move in the other direction.
And Tesla in the past has been prone to these sort of short squeezes,
the most famous one happening in 2020,
where investors are betting against the company and their thesis falls apart.
In the case of the 2019, 2020 rally,
you had sort of the ramp up of the Model 3,
people believing the company was going to go bankrupt,
and then COVID short sellers piling in.
And then when they succeeded, when they introduced the Model Y, that thesis quickly fell apart.
Tesla was not only profitable but growing.
And not only were long shareholders buying, but the short shareholders, the short sellers, also had to cover.
And as they had to cover while people were buying, the price went up very fast.
And the price went up so fast that more short sellers had to cover,
which made more long buyers come in.
And it quickly became this vicious cycle for short sellers where you saw one of the most insane moves
that I can remember in the history of the market with what happened to Tesla,
you know, culminating in November 2021.
So it's a very interesting time, whether you're a bull or a bear.
But I think what people are coming to a realization of, there's a lot of parallels to that time in 2020, those attacks, the shorting of Tesla, the doubt of Tesla, the introduction of the Model Y.
And now here we are in 2025, and Tesla's just introduced a new Model Y.
And I think you're seeing a lot of analysts note that.
despite the narrative that, okay, you know, there's these protests and everybody hates Elon because of its politics,
so the business is going to collapse. There's no demand. But a lot of analysts, they've started digging into things,
and they've said, you know, this actually looks primarily supply constrained. I mean, you can just go look at the inventory on Tesla's website.
People have bought all of it. And much more than people realize, I'm not saying that,
there's no effect to demand at all although you know you have some democrats mad some republican
supporting i even saw the u.s oil and gas industry account bought a tesla so it's kind of like wow
is hell frozen over here we got republicans in the oil and gas industry buying teslas while liberals are upset
So it's unclear what the net effect on demand is going to be.
We will get the delivery numbers next week and find out.
But a lot of analysts are looking at this and saying, hey, there's actually a supply constraint,
the ramp up of the new Model Y in four factories at the same time,
that's going to be driving this delivery miss much more than the demand side,
contrary to the narrative.
And I think...
you're starting to see that you know in china the weekly numbers they're going up as the new model y ramps it's not necessarily a demand issue there they just need to have the product so i think there's a realization of that beyond that we did have a all hands meeting for tesla last week um we heard that optimist has started production in fremont so you know this is potentially i think a historic moment
This is a product that the CEO has said is the future of the company, and I tend to agree.
They really have incredible AI breakthroughs that they've produced at this company.
And you see some of these Chinese FSD testers and the crazy test they're putting this through,
and they're comparing it to some of the other best systems in the world, the Huawei system and other systems and...
It's beating them handily, even without being trained a ton on Chinese local data.
So there's so much craziness going on. I've been buying not necessarily in the last few days,
but when it falls sharply, I do tend to buy. I was buying at 212, 220, 2.30. And I do think it'll
investors will do well who remember the overarching thesis and don't get too distracted by the noise.
I know it's crazy, it's easy to be afraid, but the flip side of it is that everybody's talking about Tesla, right?
Everybody's talking about Elon Musk. And I think the upside benefits of that, people are afraid of the negativity. They don't think much about the upside benefits of that.
I think they could be very underrated.
Tesla has produced a breakthrough in self-driving.
We're here in 2025.
There's over 10 million self-driving rides happening a year.
And, you know, there's about 20 million driver-diver rides happening a day.
So that kind of gives you a sense of how we need to scale self-driving,
from 10 million a year to 20 million a day.
Right?
So in one year...
Waymo is doing 12 hours of Uber drives.
So, yeah, essentially we need to scale up self-driving 1000X.
And Tesla has the breakthrough to do that.
You're seeing, you know, the video shared up at the top there.
This system, it doesn't require the city to be pre-mapped, like other systems.
It doesn't require a bunch of sensors.
It can just look at the road with an ordinary camera and it can drive the car safely.
Okay.
it's insane and it's benefited a lot from the growth in generative AI that we've seen so this is
this is the signal through the noise um this is what really matters the company's executing i think
the all hands meeting was a good look into that and the fbi has started a anti-tesla attack task force
i think this is under control as much as
these attackers are going to try and destroy Tesla.
I don't think they're going to succeed.
And what I remain focused on is really the AI side of the story,
which I think continues to be very underappreciated,
despite how much we talk about it.
As we move into Q1 deliveries,
it is not going to be a great quarter.
We're looking at around maybe 350,000 deliveries compared to 386,000 last year.
So there's going to be a year and year over year decline in deliveries and probably production as well.
And you know the media because they're so upset at Elon and because anti-elon stories are so popular.
are going to try and frame this as a demand issue.
Tesla's sales are collapsing.
You know, Tesla's business is collapsing.
The investors who actually read beyond the headlines will understand the supply constraints and new product ramp.
And, you know, I think investors will look past that.
I think it has been priced in somewhat, but there is going to be some volatility there.
For earnings, I think margins will also be impacted.
They mentioned this on the last earnings call.
They said, look, having our production lines idle for more of the quarter is going to lead to lower margins, the ramp up of this product.
There's a little bit of a hit.
But although there's a production hit and there's a financial hit,
it's very well worth it because ultimately you emerge out of that with a new product that you can
sell at higher volumes and higher margins and i think that is underappreciated as we look to
q2 and the back half of the year so that's really what's going on with tesla we got the all hands
we got deliveries next week we've got earnings
And yeah, I think the team is executing incredibly well.
Yeah, to your point there, just since Friday, the market cap for Tesla went up $100 billion in that short squeeze.
As people were trying to pile into the lows, maybe old Timmy Waltz was the long signal after all.
We'll see. Penny, any thoughts around what Omar was saying there?
Yeah, a lot of thoughts actually.
I think, you know, us having the all hands this week is a good opportunity to see where Tesla's at at a high level and remind ourselves what's going on besides just the political nonsense.
So one thing that Omar touched on, but I think doesn't get talked about enough, I'm the optimist guy.
The optimist production line at Fremont is active and they've created the first optimist on that line.
The plans are to create between 5 and 10,000 Optimus this year.
He's talking about how many legions of Optimus are going to be created.
They're talking about scaling that to 50,000 or more humanoid robots in 2026.
And he also mentioned giving access to Tesla employees to buy Optimus in 2026.
It leads into what's been restated as, I guess, the next master plan or at least a rough version of it, which is aiming to make all of Earth's energy sustainable and sustainable abundance for all, which I think is like such a remarkable thing to be aiming for.
When you think about it, what better possible future is there?
then sustainable abundance for everyone, the ability for anyone to get any good or any service
that they want, you know, optimists will do it all at basically the cost of energy, right?
And if we're harvesting from solar, that's next to nothing.
So we're moving towards this world of humanoid robots.
Tesla is leading the way and no one's even really paying attention to it.
They're paying attention to politics or, you know, the sales as they're transitioning,
the most popular car in the world to a new, you know, drastically improved version that I can
only imagine is going to sell even better.
And as Omar also touched on, we're getting amazing reviews from Chinese FSD testers.
I mean, this is like not even where FSD was trained on.
And despite that, you know, they're taking it on crazy roads that like, you know, you fall off one side and you're going down a mountain.
And they're testing FSD there.
That's just absolutely bananas aiming for.
producing their 10 millionth car by next year.
That's a big deal.
That's a lot of cars.
I certainly remember and a lot of people have been involved with Tesla for a long time.
Remember hitting their one million car or even, you know,
when that seemed like a long way away.
So definitely scaling as a company.
The final thing that I want to touch on that I think doesn't get enough attention.
is that Elon said for the first time that I can remember, probably in years, that he's really excited about where Dojo is going and that he might, there might potentially be some major Dojo breakthroughs.
He said that Dojo 2 is being built now and is probably like 10 times or something.
Maybe he even said more than that better than the current Dojo, which is handling between 5 and 10% of the FSD training load right now.
So Cortex is running 50,000 GPUs, NVIDIA GPUs, and Dojo is also handling a significant amount of work there.
So that's super exciting.
Yeah.
We all know how big Nvidia is if Tesla has another product that is in any way competitive with that.
I can only imagine it's good.
But yeah, I'm looking forward to the robots.
I'm looking forward to the future.
I'm looking forward to FSD in every car.
I'm looking forward to self-driving semis, which is another thing that they talked about.
They're on track with the semi-factory.
They're on track with megapacks.
There's so many reasons to be excited about Tesla.
I think right now is probably one of the biggest gaps that I've witnessed in terms of,
what is going on versus what are people who aren't paying attention think
is going on.
And they'll just think about protests in front of dealerships
and whatever else and they don't realize
what's going on behind the scenes,
what's being built and how the world is changing
right before our eyes.
It's so exciting to watch.
And I definitely think Tesla and Elon are leading the way.
So as usual, I'm super excited.
I'm glad you brought that up.
As far as marketing, just from a marketing standpoint, I mean, there's the old saying,
and Omar alluded to this little bit, that all publicity is good publicity.
I don't know if I fully buy into that, but I think some of the best marketing possible is
seeing all of these Chinese FSD testers, right?
I mean, it's been incredible.
And it's not like...
They're paid sponsors.
They're actually testing this out against,
we've seen Wallway and some of these other technologies.
We're seeing them test it out, and their reviews
have all been very positive, wouldn't you say?
Yeah, it seems like they're all as amazed by the FSD technology as we are.
Not at all shocking.
The amount of just publicity that Tesla is getting in general right now is insane.
I mean, if you were to pay for that many impressions,
I can't even imagine what your advertising budget would need to be.
Now, I agreed, not all press is good press, but the net effect of it is probably positive.
Definitely more eyeballs on Tesla than ever before, more eyeballs on Elon than ever before.
And if some percentage of them decide to do a deep dive, if some percentage of them decide to get behind the wheel of a Tesla,
and we know that's definitely happening because for every person that's getting really, really angry about this,
statistically, there's actually more people that are excited about it.
I mean, approval ratings are going up.
up, not down. It's just that those that disapprove are really, really loud. So I think,
you know, all of this exposure, net effect is going to be amazing. I think that as we, you know,
sort of navigate our way through this storm, 2025, I think, is a bit of a storm politically.
It's a bit of a storm for Tesla as they transition the most popular car. I mean, if you think
about it, they're not going to transition the Model Y again for five years or more, right? Like, this is
a once, maybe a couple times a decade thing
where you're really doing a major transition
of the biggest car product in the world.
So it's a bit of a tumultuous time for that reason, if nothing else.
But I think once we come out the other side of this,
once we see the next version of Optimus,
once we see the next version of Dojo,
once we see the continued development of megapack factories
and semi-factories and all of the different other things
that Tesla is doing,
There are going to be a lot of jaws that are dropping and a lot of people that are really like, where did this come from?
And those of us that have been paying attention for a long time are going to be like, well, we could have told you in 2017 that eventually we were going to get here.
So definitely, yeah, loving it.
Landon, we haven't heard from you yet today.
Always great to have you on these spaces.
Saw you reacting a little bit there.
What are your thoughts around this conversation?
Yeah, well, you got to try to hold me back to get on the air.
I love to hear myself talk, and I love to talk about Tesla, baby.
It is a beautiful, beautiful spring day in the mountains, and I'm loading up the Tesla to do one of my favorite things, which is road trip.
So I just absolutely love it when we have politicians in different times saying, oh, you can't road trip in an EV and Teslas are no good.
But here we go out here.
Proven it again, it's pretty much a hobby for me by now.
Last month I drove from the mountains of Colorado down to the tip of southern Texas to Boka Chica and slept on the beach in the cyber truck and watched them launch that starship catch the booster, unbelievable memories.
And like I say, this is really a lifestyle now.
I've been traveling for Tesla for...
Easily five years driving all over the country using the supercharger network and that supercharger network is amazing and dynamic.
Every road trip I go on, there are meaningful changes in the supercharger network.
There's faster chargers, there's more chargers, there's destination chargers for free at hotels.
Right.
So I'm really looking forward to getting on the road, and I'm headed from Colorado to Tennessee, Chattanooga, Tennessee, going to the Chattanooga Charge Tesla event.
More than a dozen Tesla clubs will be there.
And I haven't been to Tennessee for a decade.
So I'm excited to travel a little bit of the country in my Tesla, use the supercharger network, and enjoy my FSD as I glide across the flyover states, but a little bit lower to the ground in my Tesla doing all the work.
So I'm just eager to get out on the road.
I was just reminded by a Tesla veteran, he saw me using a third-party app to plan the trip.
And I said, yeah, I plug in a bunch of them to see what's best, which way to go.
And he says, you know, I've been doing this for hundreds of thousands of miles, and you just can't beat the Tesla app.
And that's what I see with Tesla.
It's almost like some of the earlier exciting days of Apple today.
where there'd be a third-party app, and Apple would say, we can do that and we can do it better.
And they just kind of swallow it up.
And I see Tesla doing that, using their software prowess to make it easy for us to drive anywhere in the country.
And so that's where I'll be, Chattanooga Charge.com or at...
Tap.
What is it? At chat charge on X. At chat charge. This is what I love to do. I'm really excited to be getting out there. I hope to see some of you, meet some of you people from X in real life like I have so many other friends that are in this room. Thanks for having me up. I'm really excited. Chattanooga Charge.com Friday.
Love it, Landon, always love the energy you bring to these conversations as well.
Always great to have you.
Do we have our friends from Silicon Valley up here on stage?
Yeah, how's it going? This is John.
Hey, John, great to have you.
I didn't know if you had any thoughts around the conversation so far,
or if just anything's sticking out to you in the Tesla world.
Yeah, of course. I'll probably take more of the angle, probably two things, long-term where they're headed, and then probably a little bit of the things that were mentioned earlier about the kind of just how the community has been impacted. That's kind of been my focus over the past week, getting on various things.
you know, media channels, whether it's Fox News, Newsmax, and some of these other ones.
Yeah, I would say, you know, it'll be really interesting.
Like, I'm really excited to see...
You know, obviously all of the stuff that's been happening has been horrible.
It's even come to my home area as far as, you know, 15 minutes away, as far as some of these vandalism, which I can get into.
But I am really stoked to see how will all of this...
really publicity whether it's been you know you know the short selling Tim Walt's stuff
I mean you know it started even at the beginning of this year with the cyber truck bomber
You know, there's just a lot of stuff going on in the Tesla world and now with these vandalisms.
I mean, people are going viral every day, just keying the crap out of that.
And what is this showing?
It's just continuously showing, you know, what Tesla is capable of doing and protecting you and helping you fight crime against people that are dumb enough to key the car.
And again, obviously, you know, we do know that we don't know what the brand damage. There will be some impact. I mean, I have seen some owners who have, you know, maybe sold their car. And so there will be that. But there's people that there's a new base of people. And I don't know if this will offset. I think it will because I just think of like,
The people that currently own Tesla's, it's only going to be a small amount of them that will sell it.
And this is, you know, this is the stuff going on right now will push them to do that.
I don't think it's going to be a majority of the base.
But you have people that would have never tried out these cars getting into them.
People like obviously Donald Trump, Sean Hannity.
I mean, super what the actor of Superman himself is getting into these cars.
So, you know, it'll be really interesting.
And then as we know, the media is going to say that this, the brand damage is horrible.
And you're seeing it now.
But when the quarterly numbers come out, they're going to say that sales fell because of the brand damage.
And again, we know there'll be a slight impact from that.
But the reality is the Model Y production line was shut down, what, three to five weeks in four factories across the world?
So it'll be interesting to see how it plays out, but over the next six months, six to nine months, 12 months, I am excited to see, you know, how once they fully ramp this and get out of the launch series for the Model Y, how this will impact this.
the overall sales numbers.
So, yeah, you know, but it's been pretty sad to see.
We had a member who had their car vandalized, you know, at a Costco parking lot,
and within 24 hours after we released the video on X, I mean, the San Jose police arrested him,
and he's facing felony vandalism charges here in San Jose.
So, you know, people, again, are that would take, you know, be mad at someone to then come and, you know, literally key someone's car is just wild to me.
But what was awesome, and I thought it was very timely, right?
And obviously in very Tesla fashion, no announcements, they just go live on X and YouTube.
And I thought it was just important for Elon to get on the call.
And he just looked...
He looked well rested.
He looked...
very confident and he just reminded all of the shareholders and and
and really even the employees on what this company is doing where they're
headed he talked about sustainable abundance with AI and and robotics
and you know and I think that's what what we all need to remember here
so this kind of reminds me of the 2018 2019 days because I feel like the
community for Tesla is getting closer
and kind of weeding out some of the people that have kind of come to the community recently.
So I see that, that, um,
that unity that I kind of saw back in 2018, 2019.
And it's just a very good reminder to know where is this company today, where are they headed?
And that's ultimately when I got my car in 2018 and I saw the future.
You know, that's why I became an investor.
That's why I ended up launching, you know, this community that we've grown now to be the
largest one in North America.
But it's just...
If it wasn't for where they're headed, then you know, I would be, you know, you'd be worried, right?
But at the end of the day, this company has the best product roadmap, at least in the top five.
within tech and there's no sexier and brighter future than what Tesla has laid out.
And so I thought it was timely for Elon to jump on, get in front of the employees out in Austin and really worldwide.
And then, you know, just they live streamed it to really the world so that they could see.
And, you know, again, it's just reiterating where is this company going?
And that's all that really matters because there's going to be a lot of this noise that.
like we had in 2018, 2019, obviously the stuff is way more violent.
But one thing that definitely happened back in 2018, 2019,
the more articles that we're publishing that this company is going bankrupt, it's fraud,
you know, the more sales that they had.
So again, I don't know if that's going to be the exact same case,
but this publicity, you know, is, in some cases, some brands would dream for, you know, this type of publicity.
Every day, you're hearing about a new owner or something else being impacted.
Right.
And so we'll see. Again, I don't think, I think there definitely will be a follow-off. But I couldn't be more excited about the future. I mean, this year is huge, right, with the Model Y redesign, the robots that are coming, the cyber cab, FSD, unsupervised. And so, you know, this company has...
a huge a huge workload to get a get get in front of them
But there is no other company that that could
Really tackle these you know some of the world's hardest problems
So really excited, but yeah, it's been it's been a wild
It's well I feel like it's gotten worse in the past three three weeks, but it's been a wild three weeks and I feel like you know the Tesla community seems to be even more resilient now
Even with the stock price pretty much having since the all-time highs and
It's been really cool to see and a great reminder on where we're headed.
yeah that's an interesting perspective there i've been i've been curious if if any of you up here on the
panel i'm sure john you you've seen it but uh as far as the vandalism goes obviously i see a
ton of these videos but i'm a little further away i guess from a lot of this than most so i was
wondering how prevalent this was you know this i mean obviously we're seeing a lot of videos of it but
every tesla is recording it when it happens i was just wondering how prevalent of each of you um
seen this like around you in your areas or is this more of like one of those things where something gets
a lot of attention uh online maybe and it's not as widespread as maybe it seems yeah i look
I live in, I'll just answer this real quick.
I live in the Silicon Valley.
And, you know, I've probably had, again, you know, I'm not saying every single person has reached out to me.
I've probably had about five to eight people reach out to me.
Some of them have been simple things of like someone throwing a sticker on their car.
Others have been where they've been vandalized.
But, you know, this is the most dense population of Teslas outside of literally the country of Norway.
So it's definitely, you know, I think the media is pumping it way more than it really is.
But it's definitely happening.
It's just, you know, I think they're coming with the idea that this is happening just all over.
Every test is getting damaged, which is far from the truth.
I have a fleet with more than 20 Teslas in it that I rent out, and I have not had any damage or any complaints from renters speaking to it.
Personally, in my cyber truck, which stands out because it is now wrapped,
I have to be a lot.
I've had a few older people come up to me and they'll usually start off by saying like,
it's a great car, whatever, some compliments.
And then they'll usually couch it with, I don't know how I feel about Elon's policies,
but it's a nice car.
I feel like that's their way of expressing themselves, which is fine.
I have no problem with that.
But I haven't really seen anything too aggressive in the same Bay Area.
Yeah, I mean, you know, obviously John runs one of the biggest Tesla owners clubs in the country.
So he's going to talk to a lot of people and not only people in Silicon Valley.
But I can tell you here in Los Angeles, I have three Teslas at my house.
All of my family drive Teslas.
A lot of my friends drive Teslas.
Nobody's car has been vandalized or attacked.
Yeah.
Here in Los Angeles, there's Tesla's all over the place.
I haven't seen one that was vandalized or had a swastik on it.
I mean, obviously you do have these incidents that are happening.
We've seen them all on social media.
But the part that people miss is that there's over 7 million Teslas on the road.
So even if you vandalize 100 of them or a thousand of them or even 10,000 of them,
it's going to be a fraction of a percent, meaning 99% of people are not going to be affected.
So the point is not that they're going to vandalize all 7 million Teslas,
but if you can attack a few, light a few on fire, bomb a few dealerships, make it go viral,
you are going to create a climate of fear that you hope will prevent people from buying the cars.
So the most important thing we can do to fight against these attacks, besides what FBI and law enforcement is doing, is I think just don't be afraid.
Live your life.
You haven't done anything wrong.
You're supporting a great American company.
There's always going to be crazy people out there trying to exact violence for political purposes or other purposes.
But...
This is a fringe belief, I think.
Most people are not insane.
Law enforcement is doing a lot to stop them.
And I'm certain that they will fail.
Jump in, Landon?
Thanks, Max, here in beautifully purple political Colorado. I love the economic support we get for small business,
and I love some of the things that the blue side bring to the table and taking care of people.
But we've got a diverse population, and my part of the state is really red Republican conservative.
And so I've seen a really...
I cannot overstate how dramatic the reversal has been.
I've been driving Teslas for...
nine years. And so I think for like four and a half years, seven years, I'm getting ridiculed by my
Republican hardcore Maga Hat friends. And now I'm in a strange kind of situation to where if I'm
seeing any middle fingers, it's definitely coming from a Subaru driver, if you know what I mean.
So it's odd. No vandalism here, but the, but the terror does work.
The terror is terrorizing because you hear people start to think, well, maybe I shouldn't drive to the Chattanooga charge because it's dangerous out there.
So be smart, be situationally aware, but no, it's fine out there in the world.
And people love Tesla.
And I'll just wrap this up by saying those conservatives that have been mocking me for years, playfully, having fun, making sure everybody knows I'm that Tesla guy.
Right.
with a negative tone. Well, they're buying Tesla's now. They're asking me about it. They're saying,
hey, can you show me that cyber truck again? Maybe, hey, looks like Hannity. Hey, looks like Trump.
Boom. I don't know where these guys have been, but they have been activated like sleeper agents,
and they're excited about Tesla all of a sudden overnight. Thanks for letting me comment.
It does seem, oh, go ahead.
Sorry, thank you.
I think most people just fail to see, especially the people who are doing this vandalism kind of like stupid acts, is that they're not...
seeing who they're actually harming.
They're not harming Elon.
They're not harming Tesla.
The only person that's being, you know, like, that's getting that inconvenience is the Tesla owner.
So I sue, like, I completely empathize with people who are going through this.
And it's just, it's just ridiculous because, like, you don't realize who you're hurting.
Like, you're doing it in the name of politics or in the name of, like, hating Elon, which, like,
It really does not affect Elon, right?
It does not affect Tesla stocks.
It doesn't really affect anything the company is doing or anything like that.
So it's just so stupid.
I just hope that they finally, like they somehow realize that that's what they're doing.
And yeah, but I'm a supporter either way.
I don't own a Tesla.
I really do.
It's my dream car.
I don't know.
but I'm just supporting through buying stocks,
and I've been in it since, like, 2021.
And if you really think about it,
like if you take Elon out of the picture, right,
just think about it like it's just the company.
Tesla is literally doing nothing wrong.
This is the only company that's actually...
focused on the future, like electric cars, robots. And literally, like, when we used to watch,
like, I used to watch Jetsons growing up. And that was one of the favorite things that I used to watch,
like having a robot, having electric cars driving around and stuff like that. They're literally
investing and they're literally just working towards the future. So I hope people just
try to see that bigger picture and stop doing this stupid crap. Yeah, that's a great point.
I mean, you saw the video yesterday where somebody's car was attacked and
It was some disabled woman who was actually a Democrat, right?
So you're attacking people from your own party.
You don't know who you're hurting.
Maybe she needed money for health care or a new wheelchair or something.
And now you're leaving her with this bill because it's like you're shooting randomly into a crowd.
And you don't know who you're going to hit.
Yeah, this is a really crazy political moment.
And, yeah.
I think it would really help if people on the left, people in the media, called it out for what it is.
I think the reason it's escalated is that you see crowds clapping, shows cheering, saying, well, they should have known this was going to happen rather than denouncing it.
And, you know, I think that's kind of why we're seeing this type of thing, but...
That is not the kind of democracy we want.
I think we can all agree on that.
Go ahead, John.
Yeah, I was going to say, I mean, some of the, there have been some areas more than others that have been heightened.
I feel like there's been certain parts of, like, Loveland, for example, I think,
There's been several incidents there.
We just obviously had or and then also two up in Oregon.
There's been some pretty crazy incidences up there.
And then there was a bomb thread over at the Austin place.
So but it is happening, you know, like I said, I think we just had one.
There was a dude in New Hampshire who just got caught yesterday and, you know, that video is going by right now.
Right.
And then, but yeah, so it is happening kind of everywhere, but there, it seems to be heightened areas as well.
I just can't imagine people celebrating it.
When I see the crowds of people clapping and I see comedians, I'll put that in air quotes, but you can't see it.
When I see comedians telling jokes, you know, Bill Burr or or anyone else, Tim Wall's pretending he's a comedian telling stock jokes.
I mean, it really bothers me, right?
Because as you said, these are Tesla owners that are getting affected the most.
It does affect the company to some extent, right?
Like we are talking about it and whether or not the percentage of people that got their
Tesla's harmed is high, which I believe it's actually very low.
The percentage of Tesla drivers who
think about it is pretty high and the percentage of people who are like hmm maybe i should make sure i
park my car somewhere you know extra safe right now is pretty high so it does it bothers a lot of people
even the people who don't get their cars directly damage and you know that's i mean it really
is terrorism right and that's the purpose the purpose is to
have people be afraid to buy Tesla cars or have people be afraid to go outside in their Teslas
or people be afraid to show their support for Elon. And that is like the exact opposite of what I
want to see out of my country. We stand for, you know, free speech and the ability to to have an
opinion different from other people and get along. And I'm just really disgusted. It seems like the
people that are most violently, uh,
against Elon and Tesla are also willing to cross boundaries that are, you know,
frankly pretty disgusting from my point of view.
Kim, how's it going? Welcome to the conversation.
Thank you so much.
So first, what I wanted to add are a couple things here.
One, I've voted both Republican basically the most of my life, and now I lean down.
I'm more of a centrist.
And I'm saying this because I think this is really important, okay?
Nobody should be committing violence.
It should be condemned.
by every party.
It isn't okay.
And, you know, if people want to protest Elon, for example, because he has inserted himself into the government, right?
Then they should do it in a Martin Luther King way, in a pacifist way.
You have your right to protest.
If you don't like something that's going on, that is our First Amendment in this country.
But there should never be violent.
So I first want to condemn that violence.
The second thing, and I think not enough have, right?
Right.
I'm not seeing a lot of condemnation by dems of the violence of Tesla.
So I'm going to be a dem centrist, dumb, condemning this.
At the same time, I have a really strong...
friend who's very supportive of Trump and Elon.
And when I first bought my Tesla, he was like, oh, they're not made well.
And I'm like, you know, this was a year ago I bought it.
And I'm like, no, it's an amazing car.
I love it.
Okay, guess what he did now after all this?
He went test drove one, has asked me a million questions about it.
And he said he might not only buy one, but he might buy two.
So it's been pretty funny, like someone else said here, to see the transformation.
I mean, I just don't know why we can't hold some of these things in balance.
Like, you know, if, I hate going left or right, but if Dems were for environment and Tesla was the car going electric vehicle, that thesis shouldn't change.
And again, if you don't agree with what Elon's doing, then you can take other action, but that doesn't change the thesis, in my opinion, about, you know, his cars or what they mean to the environment, which was the original reason why the Dems got on board with it.
So that's what I have to say from a democratic perspective.
Yeah, I think that that's a great point.
You know, people absolutely do have a right to protest.
You have a right to boycott if you want, right?
And, you know, we've actually seen, on the other hand, somebody from the right who drove into a crowd of protesters.
I mean, that's wrong, too. This is crazy what's happening.
If you want to protest, you absolutely have a right to protest, but...
You know, the Austin service center just yesterday, they had to send the bomb squad in there to pull out two bombs.
Like, what is going on in this country?
Well, did they actually find bombs there?
Yeah.
It wasn't just a threat?
No, yeah.
That's absurd.
Yeah.
It isn't just absurd.
It's blazantly...
abrasenly, whatever word you want to use, like, it's the furthest condemnation that we should be giving, right?
I mean, isn't just bad, it's un-American.
We don't do that in this country.
Yeah, and I think it's really interesting because there's, you know, I think our politics has just gotten so far off and escalated.
We're supposed to be able to talk these things, settle this in Congress, settle this in courts and not have violence in the streets.
But I think people are just very frustrated.
I think there's a lot of people who, with a Republican majority in the House, the Senate,
in the White House, having a Republican president, they feel frustrated.
You can see it in some of the approval numbers when they survey Democrats.
Democrats are very unhappy with the performance of congressional Democrats.
And I think they feel kind of powerless.
And that's why you're seeing some of this violence.
But hopefully we can come together more and de-escalate the situation.
But I'm not sure how that's going to happen.
We've got about 10 minutes left in this conversation.
Omar, I would love to ask you,
we do have those delivery numbers coming up next week.
Do you have any read on what those may look like?
I know I've seen separately two or three different posts
from different areas that have shown some places sold out.
I think you retweeted one from California.
Another friend of mine up in the Northeast.
There was a sellout that happened up there on the Model Y as well.
What do you think these delivery numbers are going to look like?
Well, they're going to look bad, most likely.
So probably around 350,000 maybe less.
I think Troy's estimate, his latest one is 348,000.
And last year, they did 386,000.
So when you're seeing this sort of sellout, what you're seeing is really supply-related.
Because they started producing a new Model Y and they stopped producing the old Model Y, you had a bunch of old Model Ys that were already in inventory and they had them at a lower price than the new Model Y.
So obviously those are going to clear out as we go through the quarter, but it's really because they didn't make as many as last quarter.
So you'd probably expect to see both production and deliveries fall.
So, as I mentioned earlier, there's going to be a narrative that deliveries are declining because of Elon and his politics and the brand is collapsing.
A lot of the analysts are now noting the supply constraint here.
And it can't really be understated how big the Model Y is for Tesla's business.
The Model Y is Tesla's business.
Of the $100 billion in revenue...
More than 50 billion is Model Y.
It's their bread and butter.
They sell more of that car than all of their other cars combined.
So when you have four factories making this car,
and you take all of them down to start making the new product,
amidst, by the way, the biggest escalation in trade barriers we've seen in years,
there's going to be a hit to production and deliveries.
And...
Not only that, but also margins.
So I think it's going to be a tough quarter.
At the same time, I think once we kind of get that in the rearview mirror, it's not going to
surprise everybody.
People have already seen the headlines.
They've been conditioned to believe the business is collapsing and sales are down 50% and 75%.
Then I think you get into where you can start exceeding expectations as the new product ramps
and as they introduce some even more affordable products later in the year.
I think people who are owning the stock, they're looking at the AI piece.
They're looking at the Robotaxi service and the ride share service are going to launch this week.
We've seen some permits filed for that in California.
They're going to be starting first in Texas.
So...
You know, it is concerning when you see deliveries declining year over year.
This is supposed to be a company that's growing like crazy.
But if you can show as you ramp the model Y that you are delivering growth and you can deliver growth from the year,
then I think investors will accept that as just part of the cost of introducing the new product.
that would definitely be interesting to see that i did see uh sawyer put out a tweet while ago
tesla is officially launching in saudi arabia on april the 10th so continued international
growth there's beautiful metaphor you jumped in the conversation a little bit earlier but we
didn't get any additional thoughts from you i know you jumped in on some of the vandalism part
of things in your fleet but didn't know if you had any other thoughts around tesla as we get close to
the top of the hour here
I think just generally right now the thing that is dominating is the reduction in production.
But I think people are not paying attention to the fact that we haven't seen a release in a while.
And that usually follows a really big jump in FSD performance when we get the next release.
I'm very excited about the lack of a release right now.
Interesting. Interesting.
Penny, any thoughts from you?
Well, it's been another good space. I think, you know, we talked a lot about what's going on. There's definitely a lot in the news in terms of either approval or disapproval of Elon. There's been an absolute just insane amount happening with the stock price. It was
almost exactly a week ago when we were at 225 and Tim Wals was making his joke that it kept
dropping. It seems like he called the bottom. It's been like 25% gain since then in one week.
That's insane. It feels like we're talking about some sort of, you know, shit coin cryptocurrency,
but meanwhile, we're talking about.
in my opinion, the best company in the world, right?
Like certainly the best publicly traded company.
I'm so excited about the future of Tesla.
I am just like sort of blown away at the opportunity that's in front of us right now,
both in terms of investment, but also just for the company in general and for the way that
the company and its products change humanity forever, right?
I mean, I don't know how often people take a minute to reflect.
just how important some of these technologies are.
We're talking about reducing traffic fatalities significantly.
I mean, in orders of magnitude is probably an understatement there, right?
We're probably also talking about giving back
millions or even billions of hours to people in America and across the world that spend hours,
you know, dozens of hours every week commuting and driving places. And they have to be totally
unproductive during that drive. They pay attention to the cars in front of them so that they
don't crash. And that's all they can do. But imagine.
If they could be doing their work on the drive, if they could get back home to their families, two hours earlier every day because that hour that they're driving to work and that hour that they're driving from work back home, they can be actually productive and working on things that they would have had to do in the office before.
I think that's really remarkable.
We're talking about sustainable energy.
We're talking about bringing upon an age of abundance where goods and services are more or less the price of energy.
I think that these are profound moments in history.
Humanity is working towards building these things.
for generations upon generations starting with early stone tools, right?
And now we're building supercomputers that fit in your pocket and your car is a robot and it's going to drive you places.
And soon enough, there'll be robots doing your dishes to Tesla is driving so much of this technology.
I mean, if you think about it, Tesla's getting close to delivering unsupervised FSD this year.
Had they not started on it, five, six, however many years ago it was when they first started developing the full self-driving technology, would there even be any other companies trying at this point?
If Tesla didn't develop the first commercially successful electric vehicle,
Do you think that there would be any other companies making electric vehicles right now?
I mean, they really are changing the world at Tesla.
It's something to behold.
There was a list of the most valuable private companies or the most sought after private companies.
Funny enough, I think it was a Brett, an optimist competitor that posted it.
But Elon had founded like four of.
the most sought after private companies. He really is changing the world with what he's building.
You know, Tesla, I think at this point still is the most impactful of all of the Elon companies.
I'm so excited and feel privilege really that we have an opportunity to invest because I don't think
Elon's going to ever make another public company, right? Like, I don't
I don't know if he's going to bring any of his existing companies public. It really hasn't been a good
experience for him to bring companies into the public market. And he doesn't need to to raise money
anymore. If Elon wants to raise money for a project, he doesn't need the public markets. He has
people, you know, fighting begging him basically to invest in anything that he builds. Meta,
I saw you raise your hand. Did you want to jump in?
Oh no, I was just going to say, completely agree with what you're saying around the world changing
things.
It doesn't have to be the first company, but the key part is viable, right?
There wasn't viable electric cars before.
I'm also really, I forgot to mention before, I'm really excited about monitoring what's happening
in Norway.
The fact that there's such a high penetration of vehicles there and they're starting the
application process there.
We know we saw it happening in California as well.
Norway is the story to watch, in my opinion, because we'll see how robotaxis affect a country,
and every country in the world is going to want to catch up when they see the impact of that.
So I'm very excited to see FSD launch in Norway.
Yeah, absolutely.
Being FSD launch in these international markets, I mean, I'm in the Mexico market down here.
And seeing it finally get down here, the excitement that I'm starting to see around it.
I mean, I went to the store and came back yesterday.
It's all five Teslas, which is incredible for Mexico as far as growth and catching up in the technology side of things.
I want to thank everyone that joined up here.
Penny, John over at Silicon Valley, Landon, Metaphor, Ani.
Kim was up here as well.
Omar, do you have any final thoughts to take us home on?
Go test drive, FSD.
Omar always has the best one-liners to close out these spaces.
So we appreciate the whole Tesla crew.
What a great hour of conversation.
Penny, I don't know if we lost you there, but if you had any final comments,
would love to have you jump in for a second.
I think I just gave my final comments.
It did lose me for a second.
I hit refresh on my browser and it took me out of the space.
But no, it was great.
Super excited about what's coming up here in the next coming months.
And yeah, thanks again for hosting.
Awesome. Appreciate you guys helping run the conversation.
Always so much to talk about around Tesla.
Always great conversation.
And we are going to roll into our next conversation.
I'm working on getting the Flux team up here on stage.
We are going to be talking about decentralized cloud solutions.
And there's some really exciting things happening around the health side of things here, too.
So I'm excited for this conversation, working on getting some of those speakers up here.
And I will get that.
Title changed here briefly.
If you are from the flux team down there,
please go ahead and join up on stage.
I see we've got Tropic and some of our others on here.
Ani, I believe, is staying on.
Ani, always great to have you on these different spaces.
You're a jack of all trades, I would say, in my opinion.
Thanks so much.
I love being on these spaces.
It is always very interesting a lot to talk about.
Is that Cade that we have joining up here today?
I don't know if I thought Cade may be in another space, but I know we have the flux team coming up here.
Let me get all of that. Boom, boom, boom.
Seamless transition today.
Perfect.
And I'm going to toss that co-host over to the Flux team.
Make sure you check out that Flux account that's up here.
We're going to dive into a little bit about what Flux does,
what they're working on, and all things,
basically decentralized cloud solutions.
I'm excited about this.
There's a lot of Web 3 infrastructure stuff here.
There's a lot of ecosystem that we can talk about.
And then some of the health things that are being built right now are super exciting.
Who do we have behind that Flux account over there?
It's actually William behind the Flux account here holding it down.
We are waiting on Davey, I believe, from the Flux team to join and give us some more insight on Flux as well as FluxMed.
Yeah, super exciting.
I mean, some of the pre-research I did going into this...
This conversation, I was reading about some of these health solutions, these wearable devices and stuff that are built on-chain, decentralized.
It's really exciting stuff.
And I know we have Lady Trader that's joined us up here, Tropic as well, and the Wolf Crypto team.
And they've had some conversations with Flux.
And some of these conversations have been super interesting.
What is actually...
Being built is blowing my mind.
I'm glad that we have the mix of the audiences today to talk about this.
Obviously, we're coming off the back of a Tesla space here, going into this.
I'm going to get this title updated.
Do we have the Wolf Crypto team up here?
I'm here.
There he is.
I was so worried.
I'm back amongst friends, too.
It's good to see everyone up here.
Always great to have you, Kate. I know you've got to speak with Flux already a little bit.
We are waiting on Davey to jump up on stage, but what were your kind of just initial thoughts?
I mean, some super exciting stuff, right?
Yeah, and honestly, I can't even take any credit because William has done such a great job hosting all those spaces and conversations deep in the deep in world.
We've been hosting deep in conversations for like the past...
the past year or so it was industry i was relatively not well versed at all had
honestly no clue i pretty much was just like yeah crypto there's gaming there's a couple
other subtopics that's the main ones and then i get introduced to the deep end world to the
rgbay world
And you know, I'm starting to think about what happens if we enter a bare market?
What are the viable sectors of crypto that I could believe in that have something real here,
real businesses and opportunities for people in those kind of markets that aren't just up only.
Like what happens when the river meets the road?
Things start to toggle a little bit.
What industries can I pay attention to?
And that's when the deep end conversation really came up.
People able to earn money from home, you know,
operating devices they're already using a lot of times if it's on their computer.
or, you know, Williams and Jerusalem to a whole slew of different, like a hundred different projects,
where you can do anything from driving to measuring the data on like your, the climate, you know,
based on certain devices you have in your home.
There's so many options.
And so for the deep end world in general, it is fascinating to me, probably the most exciting sector of crypto and Flux doing a bunch of things.
I'm really excited to hear about what the announcement is exactly that we're going to be getting and more of those details as well.
Yeah.
Yeah, I'll add too, Cade. It's so fascinating seeing this sector grow. And what's great about Flux and what they're building is they're kind of building the base layer for all of that because you need like a lot, what happens is you have a lot of projects running on things like centralized services like AWS and Azure and everything like that.
So you have like a central point of failure there that's also gate kept and usually kept really expensive by these, you know, three or four entities.
And so flux is interesting because now you can get a decentralized compute provider that can drastically lower the cost, your operating costs of having to, you know, use a service like AWS.
You know, you can just use flux instead.
in a decentralized manner.
So it's not a single point of failure anymore.
You now have the robust security of a decentralized system in the form of flux.
We are working to get Davey up here on stage.
I think he's having some technical difficulties.
We just reached out to him again with a separate invite.
We'll get him up on stage to dive into it.
I want to know what the announcement is.
Anytime somebody's got an announcement and they're choosing to do it publicly on space,
I am...
I'm super excited.
So, Tropic, I know we've got you on stage.
You've been a part of some of these conversations as well.
What are you excited about in this?
Maybe not particularly to flux, but just in this defy world as we see the technology being used for things.
I mean, I think a lot of maybe my audience, a lot of times gets caught up in the,
and seeing the meme coins and these like,
tokenization of things that maybe have no value.
And we're starting to see a shift towards things that do have value.
But what are you excited about in this space as we're seeing this technology continue to grow and actually find some utility in it?
Yeah, I think it's a few things that Kaye just mentioned, which I think is really relevant even to a tradfly audience.
Of course, you know, when you're speaking about RWAs and everything, a lot of traditional financial instruments are making their way into being tokenized with RWAs.
And then the hardware that's going to then go out.
and facilitate all the stuff happening and being used in the transactions behind the scene that it's really not sexy.
No one wants to talk about this stuff. It is the D-PIN.
So, you know, going to like a traditional thing, right?
Nobody's really sitting around talking about, you know, Bloomberg terminals for the most part, right?
They're talking about what's happening in the market and all the different things.
Yet there's this multi-billion dollar massive.
business behind the scenes that's really not sexy. I mean, if you ask the average person,
what does Bloomberg do? They probably think of like the TV station, right? And that's sort of how
deep end all these different layers kind of come into these things, that it's not really the sexy
thing that's up front and in everyone's face. Yet,
Behind the scenes is doing some really cool things.
And just another traditional tech business that probably everyone in the audience might be familiar with is something like Oracle.
Right.
If you go around and you ask 100 people what this Oracle do, you're lucky to 25 people?
No, Oracle, not today.
Not today.
Yeah, exactly. Or anything of that nature. But anyways, so yeah, I'm really excited about this in general because it's just really interesting in the sense that like this stuff really does have true value and it's not all about hype.
All right. Well, I appreciate that answer tropic. And we do have with a little bit of daylight savings time stuff going on still. We do have our man Davy up here on stage. Davey, welcome. Welcome to the conversation. We're excited to have the flux team up here. And we'd love for you to give us a quick introduction to maybe yourself and to flux in general. And then I'm excited to see what we have on board for today.
Sure. So Jeff Kee here on Twitter and on Discord. Sorry, X and on Discord. I'm Davey Wittuck. I'm the chief business officer for Flux and the customer success officer at the same time.
So what I do is I run around all over the world talking about flux and why flux is great and what we're doing in the space, what we're doing in the main IT industry and what we're doing with AI.
So flux started as blockchain about seven, eight years ago.
morphed with MasterNodes into a decentralized cloud platform.
By the way, we're releasing Arcane later this week, end of the month,
where we add more security, so you'll have a fully secure decentralized cloud network.
And of course, we're also dabbling with AI where we provide a compute network with Flux Edge.
And last but not least, we have our Flux AI
a flagship product on top of Flux Edge, basically a chat GPT variance with privacy that is run by folks like you and I with their computers at home.
Cost a fraction of what chat CPT does. And on top of that, we're not using your data to train models.
It's completely secure that way, completely privatized and to be
completely honest it drops all your data after seven days if you're using it for free
the only limitation that we put on there is a limited amount of tokens you can generate
those are not crypto tokens those are not meme tokens those are actually AI tokens
and if you don't know what that is it's basically how AI
formulates words it's multiple tokens put together and then more tokens together
it becomes a sentence and even more becomes an answer
So that's kind of how those tokens work.
That's it in a nutshell.
That's what we do.
Awesome. Love that introduction. There's some really interesting stuff happening in this space. I was kind of alluding to it a little bit, but excited to have you guys on. And I want to hear a little bit about this flux med. Will you go into that a little bit deeper? I'm excited to hear about this. One of the things, especially from my audience, is seeing where does this blockchain technology, where does the defy stuff come into play with real world examples, I guess, or real life solutions that it's priding for people.
Yeah.
That's a, BloxMet is actually one of those pieces, right?
Like, I think if you would have asked like 10 years ago,
even longer when Bitcoin got created,
people were talking mostly at that point about transactions,
monetary transactions, the idea started growing to do more with blockchain,
where we would actually keep transactions of personal data and all that.
And myself and Dan Keller, where we come back,
we come out of a medical background. So we then,
was involved in hospitals.
I was more involved on the IT side of things with radiology.
So we learned where some of the pitfalls were in North America
and my background in Europe as well.
So I've seen Europe, I've seen Canada, I've seen the US,
and I've noticed there was a big, big gap,
and that's sharing your patient data
and being in control over your own patient data.
And that's something that FluxMed is trying to solve.
We want to try and fix the issue that everything is very compartmentalized, very siloed off of each other.
If you go into a hospital today and you've never been there, they'll ask you everything.
From what meditation are you using, what history you had, what images were taken in the past, if it's radiologists oriented,
did you have blood works on everything is
asked because they don't have that information share unless it's a hospital of a hospital chain,
then there might be a chance that they have that data because it was presented elsewhere.
But it's an issue if you're traveling or you're moving states or you're moving country.
At that point, you have nothing.
And I know some people who are very diligent in requesting that data.
By the way, you're allowed to ask for your own personal patient data.
Not many people do, but people don't do it.
And so what happens is that it's very fractured.
And we're trying to bring that all together.
And on top of that, we're trying to do it in such a way that we include AI on it
so that based on what you presented to your own medical file,
that AI can also start saying,
it might not be a bad thing if you go to a doctor
because of what you're seeing here could lead to.
Don't get worried.
It's not Google 2.0 where Google says you have cancer all the time.
The intent is to give you warning signs,
triggers that might lead to a need for an exam.
And then you contact your doctor and you say,
hey, based on this,
I told me I should visit X, Y, and Z.
Point in case, you take a picture of some certain skins pigments that you're like, I've never seen that brown spot before.
You take a picture of it and AI will tell you, and by the way, I saw that last week at the GTC conference, you take a picture of it and it'll actually say, yeah, that's benign.
That one is where you have some, you can actually, you should visit a doctor.
If you're in Canada, you better call the doctor now because you'll have to wait about the six to a year before you can even see somebody.
Here in the US, you might be able to walk into the hospital and, you know, have somebody look at it.
But we're trying to make patient care more personal again. That's it in a nutshell where now
We're so fragmented. It's a nightmare if you travel a lot like I do and I have to go to an urgent care or something.
It's like an hour of interrogation of just trying to explain these were the medications I've taken so far.
I have a history of this, a history of that.
And at the same time, make it secure, make it protected.
and be in control of your own data.
So if you want to participate in a survey or research project,
while you have the data available, you can sell it off.
And by the way, if you do participate in these research projects these days,
you can actually get paid for these things.
That's not just a Hollywood thing.
But yeah, that's kind of it in a nutshell.
Just try and get your personal data back into your own pocket.
and being control of it and being able to hand it over.
And then, of course, long-term, we integrated with all the, the, the,
the, the, basically the platforms that the hospitals run on.
Decentralize and unified, Davey, decentralized and unified.
Yeah, it sounds weird, right?
When you say decentralization, you think about breaking it all up, but.
we're actually bringing it all together from all of those different spots in one spot so that you yourself are in control.
So if you go elsewhere, you have it available at any given time. That's it.
That's a huge thing. When I just think about this off the bat here, how many times have you changed like a primary care doctor or something? You've got to call and get your records transferred over or this and that. I mean, it creates delays. And sometimes those delays can be frightening, actually, if you have some type of emergency. Davy, I want to pull this back just a bit here because I want to know the story behind FlexMed. What inspired the creation of this? What was the kind of what's kind of the backstory going into FlexMed?
So like I said, I've been in medical IT myself the entire time and I live in a province in Canada where it's just one health organization.
And if you if you're a Canadian and you know how the system works, but if you're not a Canadian, so let me take a quick step back.
So if you're if you're in Canada and we have quote free healthcare quote, it's run by the government.
And so you expect that if you walk into a hospital in the province,
that at least that hospital has the history of all the other hospitals.
New slash 10 years ago, that was not the case.
So I'm the guy who put that into reality that that's the case right now.
That was 10 years ago.
But that was just for one province.
The issue was it started working for a company, two provinces over,
and I had to go to the hospital there.
And I was like, they have no clue.
what my history is, what CT scans I've had in the past or x-rays have had in the past,
they have no idea. Even though, and that's the funny part,
the Canadian government put in a mandate 20 years ago to actually get that there
and spend millions, if not billions, on that, and we're not even remotely close to it.
So that got me thinking of how can I really get this going. That was about three years ago.
And at the same time, Dan, who is also in the space,
saw similar things in the US, right?
So he was traveling and he was going from hospital to hospital,
and he saw the same problem.
And so that got us really thinking on how we can make it more available to folks.
The amount of time, you said it, like the amount of time that goes over,
basically filling in your physician or your administrators,
hey, this is what happened, all the manual data entry.
It takes up, if you think about it,
if you had a similar situation, it takes up half the time of an intake is purely data processing.
You telling another person what happened to you.
And what happens with that issue is that you miss data, you forget stuff.
You don't think of everything what happened to you.
And sometimes that small thing that you might have missed could be important to know if you don't have that.
So that's why we felt the need to come to the platform that you can say, okay, this is all the information I have.
can this QR code or however we're going to do it and in front of these people will be an
entire list and all the things you need and then they can import it at their own leisure at their
own time whenever they need to if they feel the need to have that imported but if you go in front
of a doctor everything will be there in one go that's that's key that's that improves speed
that improves the accuracy of your care and at the same time
if there's more questions, the answers are there.
And if I'm not able to answer it in a very bad situation,
in a very emergency type of situation,
at least they'll still have access to things going forward without me being able to answer.
Beautiful. I love that concept.
And speaking of questions, I see Ani has a hand up,
so we'd love to bring her into the conversation and see what's on her mind.
Oh my god, thank you so much. I absolutely love what you guys are building. I also saw your
pinned post. You guys are a partner with NVIDIA. I would love to hear what you guys are building,
what kind of partnership you guys have, and how it affects the technology that you're building.
Yeah. And congrats, by the way. That's huge. Yeah, that is not an easy feat.
Nvidia and blockchain, it's still water and fire. I can tell you that. But Nvidia is also a company,
and you could see that last week at the GTC, because they're a company who are willing to
explore and test new waters. Now, blockchain is one of the pieces that they've
they have a hate love relationship with because of the mining piece component to it and and
seeing their graphic cards being utilized for mining is something they they don't like they want to
see graphic cards being utilized for gaming or for AI and so we we went with the proof of use of work
and and that's something they can get behind so that's how we landed a partnership with them is
they see what we're building out it's not purely mining it's for a greater good so that's
how we got that going.
Now, what we're doing with Nvidia, and that's the cool stuff,
is that I get access to all of these brainiacs at the at an Nvidia.
And holy moly, there's some really smart people at that they have hired.
Point in case, Emmanuel last week, for instance,
I got him in touch with the director of the medical department within Nvidia.
And so they went over a whack-on of opportunities that we can help with.
But at the same time for myself, I'm working with them on some medical cases already.
and so we'll be helping them with some research pieces.
It helps, of course, my background with medical IT that I speak the lingo as well,
like Diacom, HL7. All of those terminologies are not unknown to me.
So for them, it's also good to have people with a background that know all these things
to interface with and see what options that are there.
And so what we do for NVIDIA now as a technical advisor and an aggregator,
is that we talk with their medical customers.
We talk with what these guys, their needs are.
And then my skill set, NVIDIA is offering, their names, their medical pieces.
We bring that together and we come with solutions for these customers.
Some of these solutions will be public.
Some of these solutions will be.
motions will be custom and we'll never see public day.
But what's going to be cool to see going forward as well is anything that we will create together
with Nvidia and with these medical care facilities is that you'll see that being
put in the mainstream. We'll see that being marketed, you'll see that being put in use cases,
All of that will bring more attention to, of course, to Flux and to the medical space,
but also blockchain and deepen and all of the other things because as soon as they start
looking at what influx does, they'll notice flux and they'll notice what decentralized cloud
is. And then they start looking at other solutions and other projects out there.
I think it's a big win in the long run for everybody.
Absolutely love that. Good luck with everything.
Thank you.
See another hand from Tropic.
Tropic, what's on your mind?
Of course, when we listen to this and we that are in here,
we look at it from an individual standpoint,
how to get involved with the network and so forth.
But a lot of what drives all of this and keeps it going.
It obviously is working with the businesses, which...
I would imagine that's a very different conversation that you'd be having.
So what concerns would you really bring up to a team that is exploring different options to solve the problems that they have?
So let's say someone who's in the audience right now that just happens to be a decision maker on some business and you know that you could solve this problem for them.
How would you speak to them to really present the benefit of flux to them?
That is a good question.
And that's quite literally the difficulty in my job these days, right?
So if I, and I might step on some toes here.
So in advance, I'm sorry.
If I start the conversation, hey, we are a blockchain project.
And I lost the conversation.
That's as simple as that.
But if I bring, if I come in from a different direction and what I do is I say, hey, look, these are things that we've built so far.
We got Flux AI.
You want to a privatized GPT solution where you know your data is secure.
You can even run it on your own premises.
You can run it in your own private cloud.
These are the things we built and then you showcase that and you talk about these things.
But we also venture and we work together for instance with medical companies.
For the medical companies, we've done this, this and this and this.
At this point, I have not even mentioned blockchain.
are more keen on listening later on. Yes, it was built on blockchain.
Point in case, I was at the Hymns conference, which was in Vegas about two weeks ago, I believe,
which is a healthcare conference, all sorts of healthcare over there, like it goes from radiology
to oncology to pathology to anyology you can think of. They're over there. But I was talking with
VPs and directors of a company.
And one of the VPs I've been talking with and we're working with them now,
he knows that we started as a blockchain project.
And it was funny because when he introduced me to other directors within his own company,
he started with exactly that.
Oh, Davey works for a blockchain company and the guys, all their head went like, huh?
we're working with a blockchain company and he corrected himself quickly at that point and said,
no, no, these guys build out this, gpt thing and this that. And then they were like, oh, okay, okay.
So even to this day, you have to be careful how you approach folks. And, but if you bring it up
correctly, there's no issue having that conversation. And to the point now that we got partners like
Nvidia, we got partners like next gen.
We got more coming and at the same time working now with proper traditional type of companies.
And then the medical company that we're working with now and those announcements will come out soon.
They've been in the space for 20 plus years in the medical space.
So they're here for a long time already.
So for them to be open to work with a project like ours.
That's something. But we had to make some transitions to be able to do this.
We stood up in flux.
There's an entity they can actually communicate with. They can get NDAs going with a company like that.
If you have purely your project itself, it's hard to get an NDA with a blockchain.
it's easier to get an NDA with the company building on top of said blockchain.
And that's one of the big differences.
I've noticed that we had to do to get to the point where we are on.
Really interesting. Yeah, I could imagine a mid-level manager trying to prove himself,
he brings up blockchain in the boardroom and probably doesn't get that promotion very quickly.
No, no. But yeah, yeah.
Hey, I found this really cool software that's completely privatized and we can use chat GPT internally without risking our
our own IPs, our own intellectual property being shared with Google 2.0, as I call chat GPD,
then you people are listening, right? They're like, wait, what? We can use GPD. We can give that to the guys. Yeah.
Even further, can we give this to the guys and still kind of manage them?
Like, we know what they're using this for?
Sure. We can get that far. And that's an easier conversation.
Hey, I found this cool blockchain project when I was searching between my meme coins.
Yeah, that conversation is not going to work. Unfortunately.
It's all about pitching solutions rather than the tech itself.
I mean, the tech comes second. Yeah.
100% yeah i totally get that and speaking of solutions this one other thing before i passed the mic
um when i was on the website i saw that you had a little section that was about wordpress and i
thought that was really interesting because those of us done on our platforms such as this which is
completely centralized every one of us that are creators or have an audience do fear the fact that
we could possibly lose them so wordpress is one of those things that
really an ultimate end for a creator to go to.
And I find it very interesting that you do have some sort of partnership or somehow work with WordPress on the back end.
So I'd like to hear a little bit about that. That's very interesting to me.
Yeah, we don't have a direct relationship with WordPress.
Now, that said, they know who we are and we have had conversations.
But we took 20-year-old technology and we put that in Web 3.
right so if folks don't understand hold but wordpress is at this point it's it's been out for a long time
but a technology that's two decades old even though they're still making an advance on it and making it better
putting that in in a decentralized network compared to a
single server VPS environment or they provide you a simple solution to connect to your WordPress,
knowing that in the backend, it's running on a VPS, right?
Continualizing that, making that available on a decent class club, making sure that that stays online.
Because servers do go down in Web 2 and in Web 3, but with our solution, even if that one server goes down, there's two other ones already,
providing the website again and that's the difference that we provide and we haven't done much
marketing just yet on WordPress and we've done some in the last year and a half but with arcane coming online now
anybody should be able to deploy WordPress,
knowing it's going to be secure,
knowing your data is secure,
knowing nobody can be snooping around in the back end,
seeing what's going on on that machine.
That is a big, big plus.
And I do see our future quite bright with the adoption now with Arcane.
anybody will be able to deploy.
Things that we will have to improve on ourselves.
There's always some things that we have to work on,
is getting the word out, is getting the marketing piece around WordPress
and the security and the availability of it.
Those are things that will be hammering out.
So they'll see videos and how-toes and all that coming along shortly.
Really cool. Yeah, I just thought that was really interesting. And in case anyone's not familiar, WordPress at this point, I think at one point it was 50% of all websites on the internet were running through WordPress. Now it's probably around 40, 45 or something crazy like that. And even some major companies, including stock exchanges in countries, actually run their website online.
on WordPress and I thought that was very interesting. So a solution like this would be very important.
It's funny because I forgot about it, but you bring up a good point because the medical company
we're working with, they got like 13,000 employees. And yeah, they were using WordPress as some of
their knowledge base websites and all that fun stuff. And I was like, really guys, for a company this
big? And they have like,
tens of millions of dollars of development budgets a year.
You see them then use a WordPress site.
I thought that was funny in my book,
knowing that they can easily develop on it,
create something cool themselves.
But that's how frequently used WordPress is.
It's that easy, right?
You stand it up, you pick a template,
you get your blog going, and off you go.
It's something that
People just like to use it.
It's just that easy.
You want to start a small shop,
WooCommerce is one of the most famous plugins, I believe.
you deploy that there's there's really not much to it anybody can almost do it um but with within flux
we do offer via our flux runner uh program we do offer like mass services where we help you get your
site going we help you even transition your site from your current hosting to us like we do
we do mass services for a lot of these things as well so yeah we're uh
We're a traditional company almost in a Web 3 space, even though we didn't start that way,
but we're kind of transitioning that way, just because we see the need to bridge that gap between
Web 2 and Web 3 to make folks comfortable moving into the Web 3 spaces is kind of the goal at the moment.
Awesome. And I see Zet's hands up, but really quick, I'll just say one thing. Another thing that's really important with that and having those redundancies and reducing the points of failure is there's a podcast that I always listen to. And anytime some really good business comes on there and they promote their thing and it really strikes a chord with the audience, by the time I get to their website, it's always down. It's usually a WordPress and it's just the flood and surge of interest in it.
could not be managed by the host that they're providing with.
And of course, there wasn't any redundancy.
So it goes down until they either upgrade their hosting plan or something of that nature.
So I do find that very interesting and cool that you're using all this technology in a way that every single one of us could probably relate to.
We went to some website that we heard somewhere and it was down.
And that's usually the reason why, because it just wasn't ready for the traffic.
If I want the centralized Bob solution topic that solved that.
Yeah. Well, it's a combination of things, right?
Because one of my guys owner who's been in WordPress and who has direct lines to the guys
in WordPress and the other company that claims to be WordPress because there's actually
a bit of a war going on between those two. I don't know if folks are aware, but it's kind
of fun to watch. But he has contacts in both.
his website before was on a traditional hosted platform everything right images videos the site itself
the database it was all on one vps and he's like the moment he switched over those websites from
that traditional to the web three space where he started introducing IPFS and different ways of
storing your images he's like the the statistics he gets back now is one he has more
folks on those websites now because the response time is way faster.
And at the same time, the delivery statistics that he gets,
how fast the website gets to your machine are now in the 99% percentile
on uptime and on speed. So he's getting really good feedback from customers he brought over.
It's nice to see. Now,
All of that said, there's still iterative technology.
There's always something that can happen.
And we're dealing with a software that's, like I said, 20 years old.
We had to do a lot of weaking and solution finding on our ends to make sure that these sites are up and running all the time and are as responsive as they are.
Because like I said, anybody can stand up a node.
But that doesn't guarantee that that note is always 24-7 going to be online.
And when that thing goes down, we need to make sure that the website stays online.
So we have a lot of things build into the sour that, by the way, you can all see on the GitHub to make sure that the site stays online.
That was a good question.
Hey, I guess I'll take over here.
Thanks so much for all your great insights and questions and everyone here.
It's an honor to be here.
By the way, my name is Zett, AKA Metazette, GMGA, GN, everyone out there.
If you met me, you met Azette, and it's always an honor to be here with Wolf.
Happy to be talking about RWA's tokenization, everything that Flux has going on with Cloud.
It's pretty...
I don't even think of that end of things so much, but there's really a lot to unpack here with everything you guys are doing.
And it's pretty fascinating.
And I was just kind of curious for me, as far as I can see, some of the potential breakthroughs that you guys are kind of at the forefront.
at is, you know, of course, math adoption into Web 3 with what you're building in Web 2,
but like decentralized AI infrastructure and sustainability through blockchain computing
and tokenization enabling. So I was just curious like,
A couple of things with that in that regard is if you could explain to me what what some of the specific pain points that traditional cloud computing faces that maybe flux aims to address and how does this decentralized approach improve outcome for its users.
Like if you could also go into proof of useful work, I see that's.
something you guys tout.
So the difference between proof of work and proof of useful work
and how that's so powerful.
So let's take a quick dive into what sets us apart from Web 2,
right?
And that goes for a lot of the deep end projects out there.
So the biggest change is web 2, you as the user,
you're responsible for your point of failure.
So if I'm a traditional IT administrator,
And I go and let's say I start working with Amazon and start uploading all my my files into the Amazon Cloud.
That's all great until Amazon goes down.
And people say, oh, Amazon never goes down. Well, they go down quite frequently, actually.
And quite frequently in an IT space, if that's one, two, three times a year, that's already too many, just FYI.
But especially when it comes into the healthcare environment, then one, two, three could be very harmful to any patient out there.
So what Web3 provides is the fact that there is no single point of filler or there shouldn't be a single point of failure.
So there's two ways of tackling that issue that.
You can stay with your Google or your Google or Amazon Cloud and you can tap into Web3.
You basically diversify it.
but that's up to you as the end user.
Now, if you go purely straight away,
let's say you run your WordPress, for instance, on Flux,
at that point, you as the end user are no longer needing to be worried about your single point of failure
because the blockchain is actually taken care of it.
If server X goes down, server Y takes over, and then the server Z still ready to rocket roll as well.
And you can even go as far as saying, okay, I don't want just the three.
I want to, as the end user, I don't feel comfortable with just the three solutions.
I want to go up to 100 servers.
I want to make sure that there's 100 servers ready to rock and roll in case one of them goes down.
That's the beauty of it and that's the scalability of it.
And then last but not least, check on the pricing.
I don't know what the pricing is, but I think we recharge you
$5 or something for a proper service.
And on an Amazon or Google, you're looking at least $100,
if not way more to get the same services.
And that's not even talk about egress and ingress,
because if you start adding that to the bill, it's even more.
And then the last piece that I'll add to that is that because of the blockchain,
if you say I want to use X amount of resources,
two cores, 100 gigs of disk space, and I want five instances.
You know at that point you're going to be paying X amount of flux or dollars because we made
it possible to pay with credit cards and all that. Yes, that's being translated into flux on the
chain, just so you know. But it's in advance.
There is no surprise at the end of the month.
There's no weird credit bill coming to you or,
hey, this was what the price was going to be,
but we added all these extra charges because you went over your amount of data you were supposed to use.
Or your processor was, your CPU was at 100% utilization all the time.
So we have to give you a penalty for this. There's nothing of that. It's all prepaid at the start.
No surprises.
That is a big change as well for a lot of companies going forward.
And then there was a second question, Zed, and I missed it.
I didn't write it down, so if you can repeat that.
Oh, yeah, that was great.
I mean, I think I was just asking about what flux is going to bring.
Like one thing I wanted to ask off of that a little further, and sorry if I'm jumping around,
but I saw that Google is partnering with CME for exploring tokenization and everything.
Does the decentralized aspect and nature of what Flux is doing,
do you think that gives you an edge, a competitive edge to when these big dogs and these monsters like Google come in and start entering the space?
The big guys were already in a space, just FYI.
They've been playing with blockchain themselves.
Google, and a lot of folks don't realize that, but Google actually uses blockchain for their own synchronization between servers, just a couple.
It's something that a lot of folks don't realize.
But there's a difference between coming into the space and then buying tokens or doing token raises or releasing tokens,
it's a different thing if you actually have a blockchain and you're actually using, like in Flux's case, your own blockchain to build out your product.
It's always concerning when the big boys come in because you don't know where their head is at.
Are they there to take it over and become the new thing?
Or are they there to just explore the space and the technology and adapt the technology into their own offerings, which would be a lot better?
But it is Google and their motto used to be, don't be evil.
But they kind of forgot about that a long time ago.
And so I'm always worried when these guys come in and basically start claiming that now they're decentralized.
Like Amazon did.
I think it was consensus last year or the year before, where I saw Amazon all of a sudden,
they're like, yeah, we're providing you a deep in solution.
I was like, so I asked the guys because I'm not afraid to go up to these folks and start challenging them.
Oh, yeah, we have multiple data centers.
Okay, two or three data centers is not decentralized solution.
especially knowing what we're doing.
But yeah, if you're running currently with the curing offering,
if you're running your stuff on these big boys,
I hate to say you're not a decentralized project.
You're very centralized.
at that point.
There's other solutions out there.
There's a flux solution.
There's a cash solution.
There's storage aid.
There's file coin.
There's a lot of solutions out there that you can integrate into your own IT solution to basically
not have that single point of failure and have more decentralized offering internally.
Even without folks internally understanding what that means and what you're doing for them
and how productive that is or efficient that is.
it's still a better solution than sticking to one or two big providers out there.
Oh, perfect. Well, thank you. I love that response. And as far as my questions,
besides the superpower of the decentralized aspect and the benefit of that, I think I was asking
about proof of work and proof of useful work. But I do see Lady Trader's hand, so I don't want to take
up too much time. I know she's got much better questions than me, so I'd love to throw to her next.
Thank you so much, Trap. I appreciate that. I do have a couple of questions. So first of all, super excited about everything that's happening in the Deepen world. And I was actually on another Wolf Spaces earlier today. And that was also around Deepin. And basically what I wanted to say is that Deepen is one sector where you can actually onboard users without even them knowing, right? Because that's the best way.
to go about user adoption.
You're onboarding users and they don't even know that they are being onboarded to Web 3 in
blockchain, which is incredible.
I do have a couple of questions.
So there are quite a few decentralized solutions right now for cloud storage.
is another area of there, you know, I actually have a background in because I used to build
solutions for a hedge fund a long time ago and then ultimately, you know, kind of switched to the
cloud technologies and especially during, you know, when it was COVID-19, a lot of companies
were actually forced to, you know, to move into cloud. So that was pretty incredible as far as the
user adoption goes for cloud storage. Now we are seeing a lot of decentralized cloud storage
and, you know, a lot of deepens, um,
deepen opportunities as well.
And so, you know, with regards to cybersecurity, things like that.
But what my question is, is your solution going to have vectorized storage?
Because I'm not really seeing any blockchain company.
I mean, there's one company that's actually trying to do that right now.
I don't know how far they're going to get with that.
But this is one area where I've actually been asked by investors.
And, you know, they are actually actively looking for opportunities to invest their money in if there is a project that is building vectorized, decentralized storage. So is that something that you guys are building or is it just like just the regular decentralized cloud solution?
Okay, there's a lot to unpack here.
That's a really good question.
And by the way, I'm loving the fact that there's multiple ladies here in the space.
I would like to see that a lot more just going forward.
No, we're not focused on a vectorized cloud solution at the moment.
As you can hear already, we got quite on the go already and we got a
We have to work with what we have at this point.
And keep in mind, flux has been built up from the ground with no investments whatsoever, just FYI.
We did not do any token raises, nothing like that.
So it's all been from the ground up.
So we've got to be careful on where we start working on.
And we got our Flux AI product.
We got FluxMET coming out.
We got a ZellCore wallet.
We got an Echo wallet.
We got a SSP wallet.
We got Flux clouds.
We got our arcane solution.
So the regular Flux cloud solution that we have to build out.
All of these things take time and effort.
So with that said, some of these things are now maturing to the point that we can start exploring and getting other things going.
But at the same time, as the business officer, but now also as the customer success officer, I'm also
kind of putting the brakes on a couple of things.
Like I love to innovate and I love to create,
but at the same time, I want to get my customers now
also to the point that they're happy
and see where the market is going with the customer solutions
that we've built so far.
When it comes to the vectorized computer,
vectorized storage, because there's two different things,
just FY.
You were talking storage, right?
Yes.
Yeah.
So we partner with two
decentralized storage solutions.
We haven't really announced that.
It's more in the back end.
But if I take up for instance, a storage A, I don't know if they're already working on it.
But we're trying to, we have our own flux drive solution, which is build an IPFS, which works great.
But we have not put the time in to really create a vectorized storage on our end.
Now, I don't know if StorJ is doing it.
I think Filecoin, I believe, is playing with it.
but i don't know if if they're already getting to the ready to get to market with that at this
point but for us flux no we're not doing that just yet i kind of want to focus on what we have
and i want to get the uh basically the solution we have now in the customer hands first and then
that'll either make sure that we can grow and we can get even more folks uh hired at influx
and then at that point we can start thinking of what other
technologies do we want to start playing with or innovate with or explore ourselves and create but at the moment we we've done a good buildup it was eight years of building stuff out at one point we have to start working on the customers and get that going
Thank you. That's incredible. And I'll actually just give a quick quote to you. This is actually taken from a meeting and I just love this whenever this part was said. But this was actually a decentralized storage company that I introduced to an investor base. And basically what was said is, well, if you want to be worth $10 billion and get a bunch of investors that I'll send you, then let me know when you're doing vectorized storage. So Flux Team, if you guys end up doing...
Going that direction definitely hit me up and I'll be happy to connect connect you with them
But I also want to learn a little bit more about I know you said you are pretty much building it from ground zero
You have not done any kind of fundraising and and kudos to you and your team for doing that because I know it can be pretty difficult especially like right now we haven't really hit
the bull markets in full force right now, right?
We're still kind of in a choppy market conditions.
Bitcoin has done pretty well, but all coins have not.
And a lot of teams get what we call their market fatigue,
and they kind of stop building and they don't move forward
until market conditions improve and all of that.
So I want to learn a little bit more about what's coming up in the future.
Are you planning on launching a token?
If so, are you going to be doing like a raise for that?
What's the plan there?
So we're layer one blockchain, so we're not doing any token raises.
Basically, we've been good shepherds of our finances.
So we've held our own token and we've stood up our own master notes and all that fun stuff.
So we've basically been harnessing our own flux.
We've, I think we've sold a few flux when the all time high hit and then we be diversified
our portfolio in the back end.
It's all about being smart with how you spend and basically spend as little as you can and get as much out of it, right?
That's been the goal and we've been really good at that.
You're absolutely white.
There's a lot of bear market fatigue.
We've been lucky so far not to experience ourselves.
Not going to lie, our guys themselves get...
get down as well when they see the price of going up then they're happy if the price goes down
it's a little harder to motivate yourself in the morning but it's also cool to see things you're
building out that at one point they start being utilized and that's where we are now so we might not
see an appreciation yet in the price i'm pretty sure that will come we see an appreciation in
people using our software
and seeing opportunities there growing within those customer companies themselves,
and then seeing our own opportunities created because of us working with these type of companies.
But I do know there's a lot of projects out there who are struggling at the moment.
This could be their first bear market that has a bit of an unusual one.
Because everybody saw the price of Bitcoin go up and of course a lot of projects saw their value go up as well because of the Bitcoin increased.
But at the same time,
it didn't really move on its own.
And that's a lot of people are waiting for that season now to come.
I don't know if it's coming or not.
But that's also why we're focusing now on the current stack we have and get that to market
instead of keep building in the hope that at one point the old season kicks in and then we profit from it,
which is also not always
it's hard to predict, right?
So if you put your eggs in that basket,
you might be in trouble.
And I think that's what's happening
with some of the projects out there.
especially if they had to start off with a token race, that token needs to get sold at one point to cash out and that hurts them even more.
So yeah, I'm happy with the path we took. It's not an easy path. It's hard to explain a path, building a company from the ground up with your own money and your own investment.
But yeah, influx itself doesn't mind if there's VCs approaching them, but we don't do token raises.
We don't do, we don't sell tokens to VCs for that reason.
hurts us in the long run.
Yeah, no, thank you so much.
Appreciate that.
And of course, this is one of the concerns, too,
because a lot of coins are actually raising funds right now
doing OTC deals and all of that.
So that's good to know.
And actually, it's funny because I was thinking about flux,
and I know this, it hits...
Like, I remember there were some conversations around Flux.
I just couldn't figure out where exactly it was.
So I started searching in my conversations on where it actually took place.
And lo and behold, it's actually a project that I have on my portfolio,
because I had a conversation with some of my team members,
and they were basically researching some of the projects, and this was actually one of them.
And so this is absolutely great.
And I remembered a couple of things about you when we talked about it.
This was like months and months and months ago.
But absolutely, I have you guys in my portfolio and really excited that I'm actually having a chance to talk to you all.
I always love hearing people owning flux, so that's great.
But if you're always willing to have a conversation with you, Lydia, any given time, feel free to hit me up.
Really, thank you so much.
That's all I have.
Thank you.
I'm back to you.
Yeah, Lady Traders at Antropic.
Great questions around the board there.
We are getting close to the top of the hour.
I do have one more question that I want to sneak in here.
Back to the flux med thing a little bit.
Davy, where do you see FluxMed heading in the future?
What are the long-term goals that you guys are striving towards?
Oh, okay.
Pipe dream-wise, I hope to see...
And that's that's that's our long-term vision as to kind of see flux mat into like a global platform, right?
So where you basically not just see your medical record, but where we also support things like telemedicine,
and home patient monitoring devices all integrated all the edge devices that we see in the deep end
space but think about things like uh you folks with diabetes they have these little trackers
i know a lot of folks some of my friends have unfortunately diabetes and i know that they
upload their stuff to a vps and then they have a grafana instance where they can kind of see
and monitor from day to day and see any
any trends that might be emerging with their diabetes but those are the things that i would love to see
i hate to say the word now centralized in one application but you know just globally um other things
is more a i driven uh tool sets you have to be careful with a i and the medical side of things
if i if i would have said a i diagnostic tools
Now we're running into HIPAA compliance and FTA regulations and all that fun stuff.
So maybe that's a path we want to go to at one point.
That would be pretty cool.
But yeah, getting, becoming the go-to platform, basically for any type of integration,
predictive healthcare, helping providers, way basically better, faster and a lot.
cost more cost effective care is kind of my goal and being able to control your own data when it comes to being a patient it's it's a big pet peeve of mine and i had the conversation at the hymns conference and i remember clearly and and vividly when i was a kid as i
I broke my wrist at one point.
Basically, don't go swinging on the monkey bars and falling off of it.
It's a bad idea.
But broke my wrist in Holland, so I was not even in my own country at that point.
I had to find a doctor who was willing to see me.
We did see him.
But I will never forget that my mom brought back my x-rays.
There used to be a thing in Europe, is that whenever you took an x-ray,
you were sent home with a big envelope.
I don't know if you might be...
telling my age here at this point but there used to be a time where you got this big as brown envelope
and then you had one or two x-rays in there and then if you would go to your own family doctor
you would bring those along and then the doctor could say oh yeah this is what happened another x-ray
would happen you again were sent home with them and now you had your previous and your cure that
the doctor at your family doctor could look at and compare these days your family doctor doesn't even have
access sometimes to these x-rays.
They have to request them and then there needs to be a form sign and then potentially they might get a CD or something like that or a DVD or a USB stick.
But it's so hard if we get to the point that you open your phone
and you show an x-ray or an x-ray and a QR code sorry and whoever scans that gets access or you
you send them link via email and secure with a time limit or something that the doctor has access to it
if we can get to that point think everybody who has to work in the medical space or has to
deal with a medical piece at that point will be a lot happier and that's that's my long-term role that's my
My life goal is to get that to the point that I don't have to worry where I am in the world.
I have my data with me.
If something happens to me or my family, I'll be able to assist them, provide them everything they need.
That's it.
That's the goal.
Wow, beautifully said.
And I think that does hit at home for a lot of people.
I know I've been through a similar situation, both myself and my wife with...
medical records trying to get them and having to redo x-rays, having to try to request them.
We're sitting in a waiting room or in a care facility, waiting on those records to come through,
get transferred over. It's a whole mess. I think you guys are solving a really nice problem here
that will make life much better for a lot of people, hopefully, right?
So I absolutely love that.
And I love this conversation.
We are at the top of the hour here.
So great conversation with Flux.
Make sure you check out that Flux account you see up top.
Run on Flux is the at.
There's also a PIN tweet up there with some really cool information around FluxMed.
Check out that white paper.
Read a little bit more about it.
Some really exciting things happening around this space.
Davey, I appreciate you joining today.
I want to give you the final word here and see if you have anything that you want to leave with our audience today.
Okay.
One thing. I like to thank everybody for the questions.
These were really good questions.
I really appreciate a space like this where
folks come with some really interesting questions and basically want to learn more about what we're doing
love seeing all the ladies here and it's sometimes and i noticed that last week at the gtc
conference as well in the it space we're still very much dominated by a lot of men and and when i was
able to talk to to some lady it folks it's a different take on things that i always like to to hear so i
really love that um
So love the synergy here. I love what we did. Thank you for the opportunity to speak about FluxMed and the other Flux pieces.
And if you're curious about it, I definitely recommend Flux AI. If you're using ChetGPT, try out Flux AI.
It comes with some bells and whistles that and a lot less cost and a lot less data.
Basically, your data is not being picked off and utilized for other projects.
So try it out, AI.rundflux.com, and I'll leave it at that.
Thank you for the space. Appreciate it.
And if you want to learn more about flux, too, we do have a space, the Flux team and I.
We do have a space every Thursday, 11 a.m. Eastern.
So check us out then, guys.
Definitely check that out.
Check out all these speakers that are up here on stage.
We had a great crew this afternoon.
We appreciate their time.
You see Tropic, you see William, Zet, Ani, Lady Trader.
Thank you all for coming and hanging out with us,
asking some fantastic questions.
And of course, thanks Davey for coming on and telling us more about flocks, excited, and see where this goes in the future.
And I am so thankful for this conversation, an hour of great stuff here.
Appreciate everyone that tuned in.
That is the end of the space.
It will become a recording as I close this out if you want to go back and listen back to it.
And we are off for the next hour or so until...
power hour, and we will be back on stocks on spaces for a market wrap-up show today.
Thanks all that tuned in, and we will see you guys later on in the day.
