Good morning

It's irrelevant whether you're trying to disprove anything or say that the whole thing of like you're not being safe because you're arguing against vaccines.

2:31:41 - 2:31:42

Fuck all that shit,

2:31:42 - 2:31:42

man.

2:31:42 - 2:31:45

You just should be able to discuss what's going around.

2:31:45 - 2:31:46

And this is the,

2:31:46 - 2:31:46

I do,

2:31:46 - 2:31:47

I think that's what you're getting at.

2:31:47 - 2:31:51

It's like if you could put things like media as it sort of being decentralized,

2:31:52 - 2:31:54

then the people get to chat about it.

2:31:54 - 2:31:54

They get,

2:31:54 - 2:32:02

it's not some narrative that's been pushed by whatever machine is sort of driving this whole propaganda.

2:32:02 - 2:32:08

You saw what happened yesterday with the whole fake Pentagon photo.

2:32:09 - 2:32:13

And then that got picked up by like major news outlets.

2:32:13 - 2:32:17

And then that caused a major crash on the SMP,

2:32:17 - 2:32:18

$500 billion.

2:32:19 - 2:32:24

Like if you can see that they're not doing,

2:32:24 - 2:32:24

the due diligence,

2:32:25 - 2:32:26

all they're looking for is for fear.

2:32:26 - 2:32:29

Like they want to put more fear.

2:32:29 - 2:32:29

Like I don't,

2:32:30 - 2:32:31

I never watched the news.

2:32:31 - 2:32:32

Like I never watched the news.

2:32:32 - 2:32:33

I'm like,

2:32:33 - 2:32:36

I never watched that shit because even in Australia,

2:32:36 - 2:32:40

it's all just fear monger and hatred.

2:32:40 - 2:32:41

Like there's no love.

2:32:41 - 2:32:41

Like,

2:32:41 - 2:32:44

like I really feel for people.

2:32:44 - 2:32:44

Like I,

2:32:45 - 2:32:46

when I'm on the street,

2:32:46 - 2:32:50

people see me and I have like this sign on my head without having it.

2:32:50 - 2:32:52

It says here to help.

2:32:52 - 2:32:53

Like seriously,

2:32:53 - 2:32:55

people will walk up to me on the street and be like,

2:32:55 - 2:32:55

Hey man,

2:32:55 - 2:32:56

can you help me?

2:32:56 - 2:32:57

I don't know how to get to X,

2:32:57 - 2:32:57

Y,

2:32:57 - 2:32:58

Z or Hey man,

2:32:59 - 2:32:59

have you got 50 cents?

2:33:00 - 2:33:00

And like,

2:33:00 - 2:33:01

I don't give a fuck 50 cents.

2:33:01 - 2:33:02

You give the fuck.

2:33:02 - 2:33:02

I give like,

2:33:03 - 2:33:04

I give the people the money.

2:33:04 - 2:33:04

I don't care,

2:33:05 - 2:33:05

you know,

2:33:05 - 2:33:06

but like,

2:33:07 - 2:33:08

it's like,

2:33:09 - 2:33:09

they're,

2:33:09 - 2:33:10

they don't want to help us.

2:33:11 - 2:33:14

So we have to help ourselves and we have to like change that,

2:33:14 - 2:33:16

change that narrative because they,

2:33:16 - 2:33:20

they clearly like could not give two shits and especially Murdoch.

2:33:21 - 2:33:21

Oh my God.

2:33:21 - 2:33:22

That looks,

2:33:22 - 2:33:22

don't even get me started.

2:33:23 - 2:33:23

But anyway,

2:33:24 - 2:33:25

don't want to get started on that.

2:33:25 - 2:33:26

I don't want to be like,

2:33:26 - 2:33:28

or negative talk.

2:33:30 - 2:33:31

I just want to say like,

2:33:31 - 2:33:32

we can change.

2:33:32 - 2:33:33

We can change.

2:33:33 - 2:33:35

We can really make change here.

2:33:35 - 2:33:35

That's what,

2:33:35 - 2:33:37

that's what I came up to say is like,

2:33:37 - 2:33:40

I feel like if we band together and if you've got an idea,

2:33:41 - 2:33:45

you find a group of people here and you band with those people and you make it

2:33:45 - 2:33:46

happen,

2:33:46 - 2:33:47

fuck the money.

2:33:47 - 2:33:48

Who cares if it makes money?

2:33:48 - 2:33:49

Who cares if it,

2:33:49 - 2:33:50

it goes in the toilet.

2:33:51 - 2:33:51

A thousand,

2:33:52 - 2:33:54

a hundred thousand ideas could come out.

2:33:54 - 2:33:57

And if like five of them are standout,

2:33:57 - 2:34:02

like ideas that reduce the control of governments,

2:34:02 - 2:34:04

like we will like be a hundred billions better,

2:34:04 - 2:34:05

better off for it.

2:34:08 - 2:34:09

One hundred percent,

2:34:09 - 2:34:09

mate,

2:34:09 - 2:34:10

one hundred percent.

2:34:11 - 2:34:17

And sort of just keep working at it and trying to build that sort of build this new sort of decentralization.

2:34:17 - 2:34:18

And it's not just,

2:34:18 - 2:34:18

it's not just money.

2:34:19 - 2:34:19

It's,

2:34:19 - 2:34:23

it's sort of this technology can do a lot more than that.

2:34:23 - 2:34:24

Like I'm not going to lie.

2:34:24 - 2:34:25

When I first came here,

2:34:25 - 2:34:27

it was the monetary side of it.

2:34:27 - 2:34:27

Like,

2:34:27 - 2:34:28

like a lot of people,

2:34:28 - 2:34:31

I assume like that was what drew me in.

2:34:31 - 2:34:35

And then as through the last like two years,

2:34:35 - 2:34:36

like I haven't been here for that long,

2:34:36 - 2:34:37

but through the last like two and a half years,

2:34:37 - 2:34:38

three years,

2:34:38 - 2:34:43

I have been just getting so deep into it and figuring out what,

2:34:44 - 2:34:46

where this could potentially go.

2:34:46 - 2:34:47

If like you said,

2:34:47 - 2:34:50

we can band together and like take it somewhere.

2:34:50 - 2:34:50

Like it's,

2:34:50 - 2:34:53

it's more that it is so much more than the money.

2:34:53 - 2:34:54

It is like,

2:34:55 - 2:34:56

especially watching the world.

2:34:56 - 2:35:00

COVID was a really good like way to show this,

2:35:00 - 2:35:01

but it was,

2:35:01 - 2:35:03

it has existed for a long time,

2:35:03 - 2:35:03

years before this,

2:35:04 - 2:35:06

but where the world is going is.

2:35:06 - 2:35:06

Yeah.

2:35:07 - 2:35:09

I think I was going to say,

2:35:10 - 2:35:13

I think COVID just put like a massive microscope over it.

2:35:13 - 2:35:13

Like,

2:35:14 - 2:35:14

like,

2:35:14 - 2:35:16

like for me,

2:35:16 - 2:35:17

like I never got vaccinated,

2:35:18 - 2:35:22

but I was lucky because I was in like the green zone in Sydney.

2:35:22 - 2:35:25

So I didn't have to get vaccinated to go to work.

2:35:25 - 2:35:28

But whereas a lot of my friends at work,

2:35:28 - 2:35:31

they were like literally forced to go get vaccinated.

2:35:31 - 2:35:34

So they go to work so they could pay their rent that they were still told

2:35:34 - 2:35:35

that they have to pay.

2:35:35 - 2:35:36

Like it was like,

2:35:37 - 2:35:39

it was like a catch 22 and it,

2:35:39 - 2:35:41

it shouldn't be like that.

2:35:41 - 2:35:46

Life shouldn't be a catch 22 where you have to do something that government's

2:35:46 - 2:35:47

telling you to do,

2:35:47 - 2:35:50

because what happens next time is that,

2:35:51 - 2:35:51

well,

2:35:51 - 2:35:51

look,

2:35:51 - 2:35:52

I'm sorry,

2:35:52 - 2:35:52

mate,

2:35:52 - 2:35:53

but you have to get this vaccination.

2:35:54 - 2:35:55

You've got a 50,

2:35:55 - 2:35:56

50% chance.

2:35:57 - 2:35:57

You might die,

2:35:57 - 2:35:59

but you've got to get it.

2:35:59 - 2:36:01

Like that kind of shit just should like,

2:36:01 - 2:36:03

and I'm not saying COVID vaccination was like that,

2:36:03 - 2:36:04

but I'm saying like,

2:36:04 - 2:36:07

this is the testing ground for them.

2:36:07 - 2:36:08

Like they saw what they could do.

2:36:08 - 2:36:10

They saw what they could get away with.

2:36:11 - 2:36:11

That's literally,

2:36:12 - 2:36:14

that is 100%.

2:36:14 - 2:36:17

This was the test to see what they could literally,

2:36:17 - 2:36:19

I've had this discussion with so many people.

2:36:19 - 2:36:20

I'm like,

2:36:20 - 2:36:21

honestly glad you understand it,

2:36:21 - 2:36:22

but it was,

2:36:23 - 2:36:24

we shouldn't have given,

2:36:24 - 2:36:24

like,

2:36:25 - 2:36:27

I personally did not get vaccinated as well.

2:36:27 - 2:36:29

I actually left my job because of it.

2:36:30 - 2:36:31

Like they were forcing me to do that,

2:36:32 - 2:36:33

but which is ridiculous.

2:36:33 - 2:36:33

Like it,

2:36:33 - 2:36:34

again,

2:36:34 - 2:36:34

I had rent to pay.

2:36:34 - 2:36:34

I had,

2:36:34 - 2:36:38

so it just made it thoroughly difficult to move forward.

2:36:38 - 2:36:42

But the whole thing of all the stuff,

2:36:42 - 2:36:43

like the mask,

2:36:43 - 2:36:44

all the restrictions that were put on us,

2:36:44 - 2:36:45

it was,

2:36:45 - 2:36:49

it was a test to see how gullible are these people?

2:36:49 - 2:36:51

Like we already know we can control them throughout,

2:36:51 - 2:36:52

through media.

2:36:52 - 2:36:53

Like they've been doing that for years.

2:36:53 - 2:36:58

So many ways that they've already proven to people with fear on the media

2:36:58 - 2:36:59

and all that sort of stuff.

2:36:59 - 2:37:00

But this was,

2:37:00 - 2:37:02

it was a true show for them to see,

2:37:02 - 2:37:04

what they could get away with.

2:37:04 - 2:37:04

And like you say,

2:37:05 - 2:37:05

it's,

2:37:05 - 2:37:06

it's what's going to happen next time.

2:37:06 - 2:37:07

And it's not,

2:37:07 - 2:37:10

it's not just regardless of your,

2:37:10 - 2:37:13

like I have my own thoughts on the vaccine and the whole thing that I'm not

2:37:13 - 2:37:14

going to get into.

2:37:14 - 2:37:14

It's irrelevant,

2:37:14 - 2:37:16

but it's,

2:37:17 - 2:37:21

if people are going to lay down their bodies and they're more than the

2:37:21 - 2:37:21

bodies,

2:37:21 - 2:37:22

just the freedom,

2:37:22 - 2:37:23

the right as a,

2:37:23 - 2:37:24

as a human,

2:37:24 - 2:37:25

that we are all,

2:37:25 - 2:37:26

we all humans,

2:37:26 - 2:37:27

we all have basic rights.

2:37:27 - 2:37:30

If we're all just going to lay down and give that up,

2:37:31 - 2:37:32

imagine what they could push.

2:37:32 - 2:37:33

Next time.

2:37:34 - 2:37:35

Like it's,

2:37:35 - 2:37:36

it's ridiculous too.

2:37:36 - 2:37:42

I think that it goes beyond like their control and their idea of what they

2:37:42 - 2:37:43

wanted to get away with.

2:37:44 - 2:37:44

Like for me,

2:37:45 - 2:37:48

it wasn't just that they were trying to control.

2:37:48 - 2:37:49

They were also,

2:37:50 - 2:37:50

they,

2:37:50 - 2:37:55

they were also in effect making us as a society a lot weaker.

2:37:55 - 2:37:56

Like,

2:37:56 - 2:38:00

like these kinds of viruses.

2:38:00 - 2:38:02

And even whether it was man-made,

2:38:02 - 2:38:02

whatever,

2:38:03 - 2:38:03

like,

2:38:03 - 2:38:05

I don't really care about that,

2:38:05 - 2:38:08

but the viruses are meant to come around every so often.

2:38:08 - 2:38:12

And they're actually meant to wipe out a percentage of the population.

2:38:12 - 2:38:13

And people say,

2:38:13 - 2:38:13

well,

2:38:13 - 2:38:17

what if that was your mom or your sister or your daughter or your son?

2:38:17 - 2:38:17

And I'd say,

2:38:18 - 2:38:18

you know what?

2:38:19 - 2:38:20

Then it was meant to be.

2:38:20 - 2:38:24

Because we need this to clean the,

2:38:24 - 2:38:27

clean out the,

2:38:27 - 2:38:27

the,

2:38:27 - 2:38:27

the,

2:38:27 - 2:38:32

the society and bring the population down so that the neck,

2:38:32 - 2:38:33

because the next wave that comes,

2:38:33 - 2:38:35

if it's not man-made and it's natural,

2:38:35 - 2:38:38

it's going to be beyond disastrous.

2:38:38 - 2:38:39

It's like,

2:38:39 - 2:38:44

it's going to be so strong and so aggressive that even if we create a

2:38:44 - 2:38:44

vaccination,

2:38:45 - 2:38:49

it might even bypass the vaccination because technically we've literally made

2:38:49 - 2:38:55

ourselves weaker by not allowing a cleansing of society.

2:38:55 - 2:38:56

I know it sounds fucked,

2:38:56 - 2:38:58

but it just is like,

2:38:58 - 2:38:58

it's just how it is.

2:38:59 - 2:39:00

That's how nature has been built.

2:39:00 - 2:39:01

That's how we've been built.

2:39:02 - 2:39:02

We've been built.

2:39:02 - 2:39:05

Some of us have been built to survive certain things.

2:39:05 - 2:39:07

Others have been built to survive something different.

2:39:08 - 2:39:09

And that's mitosis.

2:39:09 - 2:39:10

That's science.

2:39:10 - 2:39:10

Like it's,

2:39:10 - 2:39:12

it's all bundled into one.

2:39:12 - 2:39:13

And if we don't allow that to occur,

2:39:14 - 2:39:18

then we're actually doing a detriment to our selves and our future and our

2:39:18 - 2:39:19

future children.

2:39:20 - 2:39:20

I mean,

2:39:20 - 2:39:22

I'm not an anti-vaxxer.

2:39:22 - 2:39:23

I'm just like,

2:39:23 - 2:39:23

people say,

2:39:23 - 2:39:24

like people say to me,

2:39:24 - 2:39:25

I'm anti-vaxxer and I'm like,

2:39:25 - 2:39:26

I'm not anti-vaxxer.

2:39:26 - 2:39:30

I'm just anti-COVID vaccine because I don't believe in,

2:39:30 - 2:39:31

in what they created.

2:39:31 - 2:39:36

I don't believe what they brought to the table was the right,

2:39:37 - 2:39:38

was the right solution.

2:39:38 - 2:39:40

And now it's all coming out that it wasn't the right solution.

2:39:40 - 2:39:41

It was just garbage.

2:39:42 - 2:39:42

You know,

2:39:42 - 2:39:43

it wasn't even,

2:39:43 - 2:39:46

it wasn't actually even a vaccination because if you've got to get a booster,

2:39:47 - 2:39:48

that's not a fucking vaccination.

2:39:48 - 2:39:51

It's just a bandaid effect for a short term period.

2:39:51 - 2:39:52

But anyway,

2:39:53 - 2:39:53

look,

2:39:53 - 2:39:56

I have actually have a question for all of you because I know you guys aren't all

2:39:56 - 2:39:57

ETH maxis.

2:39:57 - 2:40:00

I know you're all over the place and I'm like a little bit all over the place

2:40:00 - 2:40:01

too.

2:40:01 - 2:40:02

Quick question for you.

2:40:03 - 2:40:09

What chain has the fastest transaction per second?

2:40:09 - 2:40:10

Who knows that?

2:40:10 - 2:40:10

Is it,

2:40:10 - 2:40:12

is it Solana or is it,

2:40:12 - 2:40:14

there was another one that came up.

2:40:14 - 2:40:16

I've never heard of it before,

2:40:16 - 2:40:20

but it's called tech pay.

2:40:21 - 2:40:22

Anyone heard that?

2:40:23 - 2:40:25

I heard of tech pay one time,

2:40:25 - 2:40:27

but I don't know much about it to tell you the truth.

2:40:30 - 2:40:31

So what,

2:40:31 - 2:40:32

can I just ask,

2:40:32 - 2:40:32

what do you,

2:40:32 - 2:40:34

what do you mean by the fastest transaction per second?

2:40:35 - 2:40:36

Like the most amount.

2:40:37 - 2:40:37

Yeah.

2:40:37 - 2:40:38

The most amount.

2:40:38 - 2:40:39

How many,

2:40:39 - 2:40:40

how many can be handled per second?

2:40:41 - 2:40:44

I'm looking to build something and I need to build it.

2:40:44 - 2:40:44

Like,

2:40:44 - 2:40:47

I'm not going to just build it on Ethereum because to be honest,

2:40:47 - 2:40:51

I don't want to build what I want to build on Ethereum because I don't want

2:40:51 - 2:40:55

people to pay gas every time they get a like or a comment or something on

2:40:55 - 2:40:55

their,

2:40:55 - 2:40:56

on their post.

2:40:56 - 2:40:57

Like to me,

2:40:57 - 2:40:58

it's like the fuck man.

2:40:59 - 2:40:59

Like,

2:40:59 - 2:41:01

why would I want people to pay for that shit every second?

2:41:02 - 2:41:02

So,

2:41:02 - 2:41:03

and I need it.

2:41:03 - 2:41:06

And I don't need that whole theory.

2:41:06 - 2:41:07

Like I'm a,

2:41:07 - 2:41:09

I'm a little bit of an Ethereum maxi,

2:41:09 - 2:41:11

but I'm also like,

2:41:11 - 2:41:13

I like the idea of Solana.

2:41:13 - 2:41:15

I don't know if Solana is like the,

2:41:15 - 2:41:17

the best solution for this.

2:41:17 - 2:41:18

I mean,

2:41:18 - 2:41:19

but it does have a lot,

2:41:19 - 2:41:20

a large transaction,

2:41:21 - 2:41:22

a transaction speed.

2:41:24 - 2:41:26

But I just thought maybe someone like,

2:41:26 - 2:41:27

there's so many out there,

2:41:27 - 2:41:28

you know?

2:41:29 - 2:41:33

So I can definitely chat on this.

2:41:33 - 2:41:34

So for sure.

2:41:37 - 2:41:37

Hedera,

2:41:37 - 2:41:38

for example,

2:41:38 - 2:41:39

this network,

2:41:40 - 2:41:41

I'm looking right now on the thing.

2:41:41 - 2:41:46

It is currently processing a thousand transactions per second,

2:41:46 - 2:41:47

like at this current moment,

2:41:48 - 2:41:49

which I,

2:41:50 - 2:41:53

Solana also processes a lot of transactions per second.

2:41:53 - 2:41:55

But as you've probably heard,

2:41:55 - 2:41:58

it's the way that the consensus works.

2:41:58 - 2:41:58

Like it,

2:41:59 - 2:42:02

it counts consensus messages as transactions.

2:42:02 - 2:42:05

So it is kind of inflated and I'm not,

2:42:05 - 2:42:06

not just not hating on Solana at all.

2:42:06 - 2:42:07

I quite like it,

2:42:07 - 2:42:11

but I have looked into this a lot because I do think,

2:42:11 - 2:42:17

I do think the technology will push forward one of the best chains.

2:42:17 - 2:42:19

Like it'll be the technology that pushes it forward.

2:42:19 - 2:42:22

But for example,

2:42:24 - 2:42:28

Hedera at its current state can do 10,000,

2:42:28 - 2:42:29

which has not been tested,

2:42:30 - 2:42:33

but basically it's an enterprise network.

2:42:34 - 2:42:35

So it's,

2:42:35 - 2:42:39

it's for institutional sort of use cases and stuff.

2:42:39 - 2:42:43

And currently I'm not sure if you've heard of Atma.io,

2:42:43 - 2:42:44

sorry,

2:42:44 - 2:42:48

Atma.io or Avery Dennison.

2:42:48 - 2:42:56

They move a lot of stuff around like posting it and sort of in the,

2:42:56 - 2:42:57

in the warehouses and stuff,

2:42:57 - 2:43:01

they just make timestamps of all the different items moving around.

2:43:01 - 2:43:03

And they're currently on the test net.

2:43:03 - 2:43:05

They last few months,

2:43:05 - 2:43:08

they have been testing it and then it went live to which they're processing

2:43:08 - 2:43:10

hundreds of transactions per second.

2:43:13 - 2:43:16

So it does like 60 million a day or something.

2:43:16 - 2:43:20

And this is like every day for the last three,

2:43:20 - 2:43:21

four months,

2:43:21 - 2:43:25

Hedera has been processing 60 plus million transactions per second.

2:43:25 - 2:43:26

I'm sorry,

2:43:26 - 2:43:27

not per second throughout the day,

2:43:28 - 2:43:31

60 plus million at a steady rate.

2:43:31 - 2:43:32

And the average is like six,

2:43:33 - 2:43:35

700 TPS.

2:43:36 - 2:43:37

So I'm not trying to shill or anything.

2:43:37 - 2:43:38

It's just sort of like,

2:43:39 - 2:43:39

I went to.

2:43:39 - 2:43:39

No,

2:43:39 - 2:43:40

no,

2:43:40 - 2:43:40

no,

2:43:40 - 2:43:40

no,

2:43:40 - 2:43:40

no,

2:43:40 - 2:43:40

no.

2:43:40 - 2:43:41

It's all good.

2:43:41 - 2:43:41

It's all good.

2:43:41 - 2:43:42

No shilling.

2:43:42 - 2:43:43

It's just a,

2:43:43 - 2:43:45

just a question on consensus that,

2:43:45 - 2:43:50

because I know like if I went to an Ethereum maxi chat and I'm in here

2:43:50 - 2:43:52

because I know Rajab,

2:43:52 - 2:43:53

T-Bone,

2:43:53 - 2:43:54

I now know you block.

2:43:54 - 2:43:55

I've seen you around a bit.

2:43:56 - 2:43:58

I know muster now,

2:43:58 - 2:44:00

but it's just,

2:44:01 - 2:44:07

I know I don't want to go to a Ethereum maxi space.

2:44:07 - 2:44:08

Cause they'll just say,

2:44:08 - 2:44:09

let's do it on Ethereum.

2:44:10 - 2:44:10

And it's like,

2:44:11 - 2:44:12

I like Ethereum,

2:44:12 - 2:44:13

but fuck me dead.

2:44:13 - 2:44:14

The fucking fees,

2:44:14 - 2:44:15

bro.

2:44:15 - 2:44:16

Come on,

2:44:16 - 2:44:16

man.

2:44:16 - 2:44:16

What?

2:44:16 - 2:44:18

You can't get those gas fees lower.

2:44:18 - 2:44:19

Are you serious?

2:44:19 - 2:44:22

Like you've got an advanced blockchain and you can't get those fees

2:44:22 - 2:44:23

lower.

2:44:23 - 2:44:24

Fucking hell.

2:44:25 - 2:44:26

2023 brother.

2:44:26 - 2:44:27

No,

2:44:27 - 2:44:27

I'm joking,

2:44:27 - 2:44:28

but I do,

2:44:28 - 2:44:29

I do agree.

2:44:29 - 2:44:32

I like Ethereum as well.

2:44:32 - 2:44:32

Like there's,

2:44:32 - 2:44:33

I definitely do like it.

2:44:33 - 2:44:35

I've experienced a lot.

2:44:35 - 2:44:37

It was one of the first that I experienced,

2:44:37 - 2:44:40

but I just started looking around of what,

2:44:40 - 2:44:42

not just what looks good.

2:44:42 - 2:44:44

Like not going to lie.

2:44:44 - 2:44:46

Hedera looks quite boring from the outside,

2:44:46 - 2:44:48

but from a technology standpoint,

2:44:48 - 2:44:51

what is going to excel?

2:44:51 - 2:44:56

What is actually going to drive new sort of capital into the market?

2:44:56 - 2:44:58

What can actually be like,

2:44:58 - 2:44:59

for example,

2:44:59 - 2:45:01

why was Bitcoin originally going,

2:45:01 - 2:45:01

going up in price?

2:45:01 - 2:45:02

Because you could use it.

2:45:02 - 2:45:03

You could buy drugs.

2:45:04 - 2:45:06

You could buy fucking the most such shit on the internet.

2:45:06 - 2:45:07

You could gamble with it.

2:45:07 - 2:45:08

There's a,

2:45:08 - 2:45:09

there was a use case for it,

2:45:09 - 2:45:10

a utility,

2:45:10 - 2:45:11

if you'll use that.

2:45:11 - 2:45:12

But for example,

2:45:12 - 2:45:17

what will continue for this and what institutions are going to come and pay,

2:45:17 - 2:45:19

for example,

2:45:19 - 2:45:24

this Atma.io is doing like millions of transactions per day on HBAR.

2:45:25 - 2:45:28

They're not going to be doing that on something like Ethereum.

2:45:28 - 2:45:28

It's just,

2:45:28 - 2:45:29

it does not,

2:45:30 - 2:45:32

from an institutional standpoint,

2:45:32 - 2:45:33

it doesn't make sense.

2:45:33 - 2:45:36

Like companies are not going to be paying that sort of thing,

2:45:36 - 2:45:37

nor waiting,

2:45:37 - 2:45:40

nor the chance of the transaction failing and stuff.

2:45:40 - 2:45:41

So for example,

2:45:42 - 2:45:42

the,

2:45:42 - 2:45:45

the way Hedera reaches consensus is actually a bit different.

2:45:45 - 2:45:47

It uses like virtual voting.

2:45:48 - 2:45:48

So,

2:45:49 - 2:45:49

um,

2:45:50 - 2:45:52

the transactions per second are,

2:45:52 - 2:45:53

are real because the,

2:45:53 - 2:45:54

the way it comes to consensus,

2:45:54 - 2:45:55

those transactions,

2:45:56 - 2:45:56

oh,

2:45:56 - 2:45:56

sorry,

2:45:56 - 2:45:59

consensus messages aren't counted as,

2:45:59 - 2:46:00

as TPS.

2:46:00 - 2:46:02

but also if,

2:46:03 - 2:46:04

if you don't reach finality,

2:46:04 - 2:46:06

the transaction will not go through.

2:46:06 - 2:46:07

So it won't charge you gas.

2:46:08 - 2:46:09

So those sorts of things.

2:46:09 - 2:46:13

so the only thing with HBAR is the liquidity right now is,

2:46:13 - 2:46:14

is quite low,

2:46:14 - 2:46:15

but for,

2:46:15 - 2:46:16

for builders,

2:46:16 - 2:46:18

it is the perfect place.

2:46:19 - 2:46:20

Um,

2:46:20 - 2:46:22

I was looking,

2:46:22 - 2:46:24

I was also looking at Cardano though too,

2:46:25 - 2:46:28

like apparently it's quite good.

2:46:28 - 2:46:29

And it's got like,

2:46:29 - 2:46:31

it's got a decent amount of,

2:46:31 - 2:46:31

um,

2:46:32 - 2:46:33

it's,

2:46:33 - 2:46:35

it's not just about transaction speed.

2:46:35 - 2:46:37

Like I will say this too,

2:46:37 - 2:46:40

like I am looking for like transaction speed,

2:46:40 - 2:46:45

but I am actually also looking for one that also has,

2:46:45 - 2:46:46

um,

2:46:46 - 2:46:48

a good amount of developers.

2:46:48 - 2:46:50

Like it needs to be out.

2:46:50 - 2:46:50

Yeah.

2:46:51 - 2:46:51

Sorry.

2:46:52 - 2:46:53

Cardano has plenty of that.

2:46:53 - 2:46:53

Hey,

2:46:53 - 2:46:57

like Cardano has like the amount of decentralized apps and,

2:46:57 - 2:46:58

um,

2:46:58 - 2:47:03

things being built by developers is insane on conduct Cardano.

2:47:03 - 2:47:05

And I looked into that as well.

2:47:05 - 2:47:06

And the,

2:47:06 - 2:47:08

the coding language for it,

2:47:08 - 2:47:09

I forget what it's called,

2:47:09 - 2:47:10

but it is quite,

2:47:11 - 2:47:14

it's relatively easy to learn and build on.

2:47:15 - 2:47:15

Um,

2:47:15 - 2:47:17

I forget what the name of it is,

2:47:17 - 2:47:18

but it is,

2:47:18 - 2:47:20

if you're developing,

2:47:21 - 2:47:21

um,

2:47:22 - 2:47:24

it's a lot easier to code on and to learn,

2:47:25 - 2:47:25

um,

2:47:26 - 2:47:28

compared to a lot of other chains and,

2:47:28 - 2:47:29

and the amount of,

2:47:29 - 2:47:30

um,

2:47:30 - 2:47:33

decentralized decentralized applications that are already being built on it.

2:47:34 - 2:47:34

Um,

2:47:35 - 2:47:37

like it has a hundred or like few,

2:47:37 - 2:47:37

it has,

2:47:38 - 2:47:38

it has a lot,

2:47:38 - 2:47:38

man.

2:47:38 - 2:47:39

I'm not sure of the numbers,

2:47:39 - 2:47:41

but I remember looking to that as well,

2:47:41 - 2:47:43

because it did interest me as well of,

2:47:43 - 2:47:45

if you are trying,

2:47:45 - 2:47:45

like,

2:47:45 - 2:47:48

it sounds like you're trying to build something like an application of sorts.

2:47:48 - 2:47:48

And so,

2:47:49 - 2:47:49

Oh,

2:47:49 - 2:47:50

I'm basically,

2:47:50 - 2:47:53

I'm just basically trying to build a social media platform.

2:47:53 - 2:47:59

Like I'm looking to move away from centralized platforms because they've just have,

2:47:59 - 2:48:09

it's just too archaic to have a small group of people in control of something that is actually created by the people,

2:48:10 - 2:48:11

uh,

2:48:11 - 2:48:12

built by the people.

2:48:12 - 2:48:13

And also,

2:48:14 - 2:48:14

um,

2:48:14 - 2:48:18

like if it wasn't for us here,

2:48:19 - 2:48:20

if the users weren't here,

2:48:20 - 2:48:22

the platform would just be fuck all.

2:48:22 - 2:48:24

Like it wouldn't be anything.

2:48:24 - 2:48:24

So,

2:48:24 - 2:48:25

and we,

2:48:25 - 2:48:26

we don't,

2:48:26 - 2:48:26

we'd get,

2:48:26 - 2:48:29

we get zero return for being here.

2:48:29 - 2:48:30

We don't,

2:48:30 - 2:48:33

we don't get reimbursed by the social media platform that,

2:48:33 - 2:48:35

that is not only worth billions,

2:48:36 - 2:48:38

but it's also gets paid billions.

2:48:38 - 2:48:39

Like it just,

2:48:39 - 2:48:43

it just seems like such a backwards system to have a centralized system.

2:48:43 - 2:48:47

It is technically so decentralized,

2:48:47 - 2:48:48

but by like,

2:48:49 - 2:48:49

by the,

2:48:49 - 2:48:52

the fact of everyone being so involved in it.

2:48:52 - 2:48:53

So I'm just,

2:48:53 - 2:48:55

I'm just looking into like,

2:48:56 - 2:48:57

I'm looking into the,

2:48:58 - 2:49:00

into building something and I'm just,

2:49:00 - 2:49:01

I want to build it on chain.

2:49:02 - 2:49:02

Like I don't want to build,

2:49:02 - 2:49:03

I know people are like,

2:49:03 - 2:49:04

Oh,

2:49:04 - 2:49:05

social media platform.

2:49:05 - 2:49:05

I'm like,

2:49:05 - 2:49:07

it's not really going to be like,

2:49:08 - 2:49:08

Hey,

2:49:08 - 2:49:09

come to my social media platform.

2:49:09 - 2:49:13

It's going to be more about me building the ability.

2:49:13 - 2:49:15

to build a social media platform.

2:49:15 - 2:49:15

Like,

2:49:15 - 2:49:17

so I want to build,

2:49:18 - 2:49:20

it will be,

2:49:21 - 2:49:22

it will be a layer two.

2:49:22 - 2:49:25

It will be a layer two on a blockchain.

2:49:25 - 2:49:30

So whatever blockchain that is that I choose for certain criteria,

2:49:30 - 2:49:31

I will build it on that.

2:49:32 - 2:49:35

And then people can decide how they want that social media platform for

2:49:35 - 2:49:36

themselves to look.

2:49:37 - 2:49:43

So I want to do the crust of it and then people can then filly it up and

2:49:43 - 2:49:43

make it look pretty.

2:49:44 - 2:49:45

If that makes sense.

2:49:47 - 2:49:51

You just want to build sort of the base for it to just sort of give an

2:49:51 - 2:49:52

outline of what it could be,

2:49:53 - 2:49:56

what can be built on it and then have the community.

2:49:56 - 2:49:56

I feel,

2:49:57 - 2:49:57

well,

2:49:57 - 2:49:59

so currently the,

2:49:59 - 2:50:01

the idea that I have,

2:50:01 - 2:50:01

it,

2:50:01 - 2:50:05

it involves not just,

2:50:06 - 2:50:07

you know,

2:50:07 - 2:50:10

the UX and the UI and the idea behind social media,

2:50:10 - 2:50:11

but you know,

2:50:11 - 2:50:16

like we're all here and we're all interacting,

2:50:16 - 2:50:23

but no one is getting any form of payment or any form of reimbursement.

2:50:23 - 2:50:28

And that's where blockchain can really enhance the user experience when it

2:50:28 - 2:50:31

comes to social media.

2:50:31 - 2:50:35

And I think that for interactions on social media,

2:50:36 - 2:50:37

I mean,

2:50:37 - 2:50:38

why can't we use tokenomics?

2:50:39 - 2:50:40

I don't understand why,

2:50:40 - 2:50:41

why there is,

2:50:41 - 2:50:47

someone hasn't already started to use tokenomics for social media platforms,

2:50:47 - 2:50:52

apart from the fact that they don't want to dwindle their value because

2:50:52 - 2:50:58

technically the valuation Facebook has to me is fucking a joke.

2:51:00 - 2:51:00

Their,

2:51:00 - 2:51:01

their,

2:51:01 - 2:51:08

their valuation is just like unrealistic for the fact that without users,

2:51:08 - 2:51:10

their,

2:51:10 - 2:51:12

their actual platform is nothing.

2:51:12 - 2:51:15

So why aren't the content creators,

2:51:15 - 2:51:18

why aren't the users all being reimbursed in some form of way?

2:51:18 - 2:51:18

Like,

2:51:19 - 2:51:25

so what I want to do is somehow work out how to tokenize all the interactions

2:51:25 - 2:51:27

that everyone has every day.

2:51:27 - 2:51:33

And once I work that out and build that on chain on a layer two of some sort

2:51:33 - 2:51:33

that I build myself,

2:51:33 - 2:51:40

that would be a way to help people get paid for their,

2:51:41 - 2:51:42

for creating things,

2:51:42 - 2:51:42

you know,

2:51:42 - 2:51:46

like people are constantly creating things and putting it on social media and

2:51:46 - 2:51:49

they're not getting reimbursed by the social media platform.

2:51:49 - 2:51:51

They have to make their own money.

2:51:52 - 2:51:55

They have to monetize their own social media,

2:51:55 - 2:51:59

even though they should actually be getting paid for it by the social media

2:51:59 - 2:52:00

platform.

2:52:00 - 2:52:01

You know,

2:52:01 - 2:52:13

are you talking?

2:52:16 - 2:52:17

So I think I rubbed for a bit.

2:52:17 - 2:52:18

I think so.

2:52:19 - 2:52:19

Yep.

2:52:22 - 2:52:22

I definitely,

2:52:23 - 2:52:24

but I can definitely,

2:52:25 - 2:52:26

I definitely agree with that.

2:52:26 - 2:52:28

Like giving back to the creators and just in general,

2:52:28 - 2:52:31

just having it more between us,

2:52:31 - 2:52:35

the value sort of going towards the people that deserve it and not,

2:52:35 - 2:52:38

not so much to one central sort of power,

2:52:38 - 2:52:39

but a quick question,

2:52:39 - 2:52:41

where would the sort of revenue be coming from?

2:52:41 - 2:52:46

Is that like users that appreciating the content,

2:52:46 - 2:52:49

giving revenue to the content creators,

2:52:49 - 2:52:51

or would it be more like?

2:52:51 - 2:52:51

Well,

2:52:51 - 2:52:52

it'd be,

2:52:52 - 2:52:53

well,

2:52:53 - 2:52:54

it'd be a market to common.

2:52:54 - 2:52:58

So I'm using tokenomics.

2:52:58 - 2:53:00

It'll just be market value.

2:53:00 - 2:53:04

So if someone adds,

2:53:04 - 2:53:06

adds a video and they get,

2:53:06 - 2:53:07

let's say they get five likes,

2:53:08 - 2:53:09

20 comments,

2:53:10 - 2:53:11

five reposts,

2:53:11 - 2:53:18

all that goes into a mathematical equation to then decide like what their

2:53:18 - 2:53:20

return on,

2:53:20 - 2:53:22

on that post was,

2:53:22 - 2:53:23

and then they would get paid.

2:53:24 - 2:53:25

They'd be,

2:53:25 - 2:53:30

let's say you'd have to like add it all up and then do a mathematical

2:53:30 - 2:53:31

equation.

2:53:31 - 2:53:32

I've got the equation here,

2:53:32 - 2:53:32

but like,

2:53:32 - 2:53:33

it's not really going to make any sense if I,

2:53:34 - 2:53:34

if I read it out,

2:53:35 - 2:53:36

but then they get paid in,

2:53:36 - 2:53:36

in a,

2:53:36 - 2:53:38

in a token,

2:53:38 - 2:53:39

like a,

2:53:40 - 2:53:42

they get paid in a coin,

2:53:42 - 2:53:44

like in a digital coin.

2:53:44 - 2:53:47

And then they can transfer that coin to,

2:53:47 - 2:53:52

to Fiat or whatever they want.

2:53:52 - 2:53:57

But that way people are still going to get reimbursed whether they are

2:53:57 - 2:53:58

interacting.

2:53:58 - 2:54:03

So the content creator will clearly get the largest part of the pie.

2:54:03 - 2:54:06

And then the people interacting will get like a small piece of the pie.

2:54:07 - 2:54:10

But if someone wants to pay that content creator,

2:54:10 - 2:54:13

or they want to pay that influencer to make a post,

2:54:13 - 2:54:18

then they have to go to the exchange and buy what they want.

2:54:18 - 2:54:20

And then they do the token or they,

2:54:20 - 2:54:25

they do the post or the post gets a certain amount of likes comments.

2:54:25 - 2:54:29

And then that value is placed on that content.

2:54:29 - 2:54:34

And then it is paid to the creator from the company.

2:54:34 - 2:54:37

And that's calculated all on the blockchain.

2:54:37 - 2:54:37

And then it's,

2:54:38 - 2:54:40

and then it's paid directly through the blockchain.

2:54:40 - 2:54:46

So no one can say they didn't get the value that they were intended on.

2:54:46 - 2:54:47

And then the,

2:54:47 - 2:54:50

and then it's all market value.

2:54:51 - 2:54:53

So the market decides what the value is.

2:54:53 - 2:54:56

So if the market says a like is worth one cent,

2:54:56 - 2:54:58

then if they get a hundred,

2:54:58 - 2:55:00

they get paid $1.

2:55:01 - 2:55:02

So it,

2:55:02 - 2:55:02

it,

2:55:02 - 2:55:04

it balances itself out.

2:55:04 - 2:55:06

The only problem I have with that.

2:55:06 - 2:55:10

And the only problem that I can see with that is market manipulation.

2:55:10 - 2:55:13

So like people could manipulate the market.

2:55:13 - 2:55:14

So I've got to work that out.

2:55:14 - 2:55:16

I haven't worked that part out yet.

2:55:19 - 2:55:20

Go ahead,

2:55:20 - 2:55:20

Keith.

2:55:23 - 2:55:23

Yo,

2:55:23 - 2:55:25

sorry for earlier on.

2:55:25 - 2:55:29

My phone just went off and I couldn't charge it for a little bit,

2:55:29 - 2:55:31

but here I am.

2:55:31 - 2:55:34

So I was just going to say,

2:55:34 - 2:55:35

by the way,

2:55:35 - 2:55:38

I love the idea of the social media platform.

2:55:39 - 2:55:42

And I don't really know if you want to hear this,

2:55:42 - 2:55:43

but to,

2:55:43 - 2:55:45

to have a little bit of,

2:55:45 - 2:55:46

you know,

2:55:46 - 2:55:46

some,

2:55:46 - 2:55:51

some new point of views and it's not coming from people.

2:55:51 - 2:55:58

I would suggest you to like say what your prerogatives are to build this,

2:55:58 - 2:56:03

this platform and put them on,

2:56:03 - 2:56:07

on ChadGPT or another IE platform that it's actually,

2:56:08 - 2:56:08

ah,

2:56:08 - 2:56:09

don't laugh at that.

2:56:09 - 2:56:10

It seriously,

2:56:10 - 2:56:14

it is not that it gives you all the,

2:56:14 - 2:56:14

the,

2:56:14 - 2:56:15

the responses to it,

2:56:15 - 2:56:20

but it can give you some good feedbacks and some points.

2:56:20 - 2:56:23

points that you might have not thought of.

2:56:23 - 2:56:26

And I'll tell you this because for my platform,

2:56:27 - 2:56:27

I'm not building it,

2:56:28 - 2:56:29

obviously thanks to ChadGPT,

2:56:29 - 2:56:35

but I wanted like to confront what I was thinking and so many other points

2:56:35 - 2:56:36

with,

2:56:36 - 2:56:38

it wasn't actually ChadGPT,

2:56:38 - 2:56:38

it was another,

2:56:39 - 2:56:40

another platform,

2:56:40 - 2:56:45

but it did actually help me in like a couple of points out of 10.

2:56:45 - 2:56:48

I had eight great ideas,

2:56:48 - 2:56:50

but two he actually said,

2:56:50 - 2:56:50

you know what?

2:56:50 - 2:56:52

These two are actually,

2:56:52 - 2:56:53

you could do this better.

2:56:53 - 2:56:56

You can do this better because of this and because of that.

2:56:57 - 2:56:59

So it's just another point of view.

2:56:59 - 2:57:03

Not many people like IE at the moment is a new technology.

2:57:03 - 2:57:03

We,

2:57:04 - 2:57:04

you know,

2:57:04 - 2:57:05

human beings,

2:57:06 - 2:57:10

being human beings are always scared of new things and new stuff and

2:57:10 - 2:57:10

criticize it.

2:57:10 - 2:57:17

But it is something new that come up and it's something that is actually going

2:57:17 - 2:57:17

to stay.

2:57:17 - 2:57:19

So why not use it to,

2:57:19 - 2:57:19

you know,

2:57:20 - 2:57:24

make some of our ideas join up together in a better way,

2:57:24 - 2:57:25

maybe sometimes.

2:57:25 - 2:57:27

And for the,

2:57:27 - 2:57:28

for the tokenization,

2:57:32 - 2:57:36

Dogecoin,

2:57:37 - 2:57:37

because,

2:57:38 - 2:57:40

oh shit,

2:57:41 - 2:57:41

sorry,

2:57:41 - 2:57:42

I got a phone call,

2:57:42 - 2:57:43

but,

2:57:43 - 2:57:46

I just got a bag of Dogecoin because,

2:57:46 - 2:57:52

Elon is actually thinking of making our,

2:57:52 - 2:57:54

WeChat with Twitter.

2:57:54 - 2:57:55

Okay.

2:57:55 - 2:57:56

You know what WeChat is in,

2:57:56 - 2:57:57

in Asia.

2:57:57 - 2:58:02

So as essentially this platform where you can do whatever the hell you want,

2:58:02 - 2:58:04

you can buy stuff,

2:58:04 - 2:58:07

use your credit cards and whatsoever.

2:58:07 - 2:58:10

So Elon is actually going to,

2:58:10 - 2:58:12

he's thinking of doing something like this.

2:58:13 - 2:58:17

And obviously if he is going to add this type of stuff,

2:58:17 - 2:58:19

what coin do you think is going to,

2:58:19 - 2:58:21

he's going to use to,

2:58:21 - 2:58:22

to make it happen?

2:58:23 - 2:58:24

But yeah,

2:58:24 - 2:58:25

it is a sort of,

2:58:25 - 2:58:27

not tokenomics as you said,

2:58:27 - 2:58:29

but probably is going to,

2:58:30 - 2:58:30

you know,

2:58:30 - 2:58:35

letting Dodge inside is actually going to bring a couple of things,

2:58:35 - 2:58:36

like you said,

2:58:36 - 2:58:37

to the,

2:58:37 - 2:58:38

to our social media,

2:58:38 - 2:58:38

which is Twitter.

2:58:44 - 2:58:44

Yeah,

2:58:45 - 2:58:45

no,

2:58:45 - 2:58:45

great,

2:58:46 - 2:58:46

great Kev.

2:58:46 - 2:58:46

No,

2:58:46 - 2:58:47

I'm glad you,

2:58:47 - 2:58:48

I'm glad you came in.

2:58:48 - 2:58:50

I think you missed a fair bit.

2:58:50 - 2:58:52

Like we were talking about conspiracy theories before.

2:58:52 - 2:58:54

So I'm spewing you weren't here for that.

2:58:54 - 2:58:56

I'm sure you would have added nicely to it,

2:58:56 - 2:59:02

but I was laughing because I was saying before I use chat GTP as my sounding board first.

2:59:03 - 2:59:03

Like I like,

2:59:04 - 2:59:05

I like go in there and I'm like,

2:59:05 - 2:59:05

Hey bud,

2:59:05 - 2:59:06

how you going?

2:59:06 - 2:59:06

He's my,

2:59:06 - 2:59:07

he's like one of my little,

2:59:08 - 2:59:09

he's one of my little best mates,

2:59:09 - 2:59:09

you know,

2:59:09 - 2:59:09

he just,

2:59:10 - 2:59:11

he just had,

2:59:11 - 2:59:12

I just have a chat with him.

2:59:12 - 2:59:14

He tells me I'm a fucking idiot or he tells me,

2:59:14 - 2:59:15

no,

2:59:15 - 2:59:15

no,

2:59:15 - 2:59:15

that's a good one.

2:59:15 - 2:59:16

We can go with that.

2:59:16 - 2:59:17

And I like that.

2:59:17 - 2:59:18

I like that.

2:59:18 - 2:59:18

I like,

2:59:18 - 2:59:19

because I don't want to,

2:59:20 - 2:59:21

I sometimes get embarrassed by the dumb ideas.

2:59:21 - 2:59:24

I have it like one in the morning when I'm asleep and I wake up and I go,

2:59:25 - 2:59:25

fuck,

2:59:25 - 2:59:26

that's a mad idea.

2:59:26 - 2:59:30

And then I write it down and then I put it into chat GTP and it goes,

2:59:30 - 2:59:30

nah,

2:59:30 - 2:59:31

mate,

2:59:31 - 2:59:31

you're a fucking idiot.

2:59:32 - 2:59:32

And I just go,

2:59:32 - 2:59:32

yep.

2:59:33 - 2:59:34

Yep.

2:59:34 - 2:59:34

Sorry.

2:59:34 - 2:59:36

that was a one o'clock in the morning,

2:59:36 - 2:59:36

retarded moment.

2:59:37 - 2:59:37

And,

2:59:37 - 2:59:37

um,

2:59:38 - 2:59:38

I move on.

2:59:38 - 2:59:39

And then I,

2:59:39 - 2:59:40

I go on to other things.

2:59:41 - 2:59:43

I think we all have this point,

2:59:43 - 2:59:43

you know,

2:59:43 - 2:59:43

guys,

2:59:43 - 2:59:44

we all have this point.

2:59:44 - 2:59:45

Since we wake up,

2:59:45 - 2:59:45

we say,

2:59:45 - 2:59:46

what the fuck,

2:59:46 - 2:59:47

which idea was talking about?

2:59:48 - 2:59:49

And sometimes it's the opposite.

2:59:49 - 2:59:50

Sometimes you think it's bad.

2:59:52 - 2:59:52

Anyway,

2:59:52 - 2:59:52

guys,

2:59:52 - 2:59:54

you don't have to raise your hand here to talk.

2:59:54 - 2:59:55

Just feel free to talk.

2:59:55 - 2:59:56

That's it.

3:00:04 - 3:00:08

I do really,

3:00:08 - 3:00:11

really like the idea of social media platform.

3:00:11 - 3:00:12

And with,

3:00:12 - 3:00:12

with my next question,

3:00:13 - 3:00:16

I'm not at all bashing it.

3:00:16 - 3:00:18

Like I do absolutely love the idea.

3:00:18 - 3:00:19

Obviously.

3:00:19 - 3:00:20

Um,

3:00:20 - 3:00:21

I think it could be very powerful,

3:00:21 - 3:00:23

but with the,

3:00:23 - 3:00:24

so let's,

3:00:24 - 3:00:26

let's say you get the hundred likes,

3:00:26 - 3:00:26

you get the dollar,

3:00:26 - 3:00:27

um,

3:00:27 - 3:00:28

or,

3:00:28 - 3:00:29

or a hundred tokens,

3:00:29 - 3:00:29

whatever.

3:00:29 - 3:00:30

But what,

3:00:30 - 3:00:31

what gives their token value?

3:00:32 - 3:00:33

You said it would be paid by the,

3:00:33 - 3:00:35

by the company,

3:00:35 - 3:00:38

but where does the liquidity come from?

3:00:38 - 3:00:38

Like,

3:00:38 - 3:00:42

the liquidity comes from the market.

3:00:42 - 3:00:43

So,

3:00:43 - 3:00:45

so just like all these meme coins,

3:00:45 - 3:00:46

you see being dropped on,

3:00:47 - 3:00:48

on,

3:00:48 - 3:00:49

um,

3:00:49 - 3:00:50

Uniswap,

3:00:50 - 3:00:51

it would be a very similar thing,

3:00:51 - 3:00:54

except it would just be incorporated with inside the,

3:00:55 - 3:00:57

the social media network.

3:00:57 - 3:00:59

So whoever builds it,

3:00:59 - 3:00:59

like,

3:01:00 - 3:01:02

let's say Joe blogs,

3:01:02 - 3:01:04

builds his social media platform.

3:01:04 - 3:01:04

And,

3:01:04 - 3:01:05

and Michelle,

3:01:05 - 3:01:07

she decides she wants to build a platform.

3:01:08 - 3:01:08

Um,

3:01:09 - 3:01:10

they both,

3:01:10 - 3:01:12

it doesn't matter who has the platform.

3:01:13 - 3:01:15

They can use the tokenomics with inside the,

3:01:15 - 3:01:16

the blockchain.

3:01:17 - 3:01:19

So they can use a tokenomics.

3:01:19 - 3:01:21

And if,

3:01:21 - 3:01:25

if the market decides that a like is worth one cent,

3:01:25 - 3:01:27

like from buying and selling it,

3:01:27 - 3:01:27

this is what I'm saying.

3:01:27 - 3:01:32

Like it'll all be determined by the market itself,

3:01:32 - 3:01:34

not by the,

3:01:34 - 3:01:36

not by the social media company,

3:01:36 - 3:01:37

not by,

3:01:37 - 3:01:39

not by the influencer,

3:01:39 - 3:01:40

not by the creator.

3:01:40 - 3:01:40

It's,

3:01:40 - 3:01:41

it's by the market.

3:01:41 - 3:01:44

The market will decide that.

3:01:44 - 3:01:48

And even though you'll have like massive fluctuations at the beginning,

3:01:48 - 3:01:50

over time,

3:01:50 - 3:01:54

everything in a general market always finds it,

3:01:54 - 3:01:56

always finds its,

3:01:56 - 3:01:56

uh,

3:01:56 - 3:01:56

level.

3:01:57 - 3:01:57

Like,

3:01:57 - 3:01:58

so it'll decide,

3:01:58 - 3:01:59

okay,

3:01:59 - 3:02:00

a like is worth this much.

3:02:00 - 3:02:02

And a comment is worth this much.

3:02:02 - 3:02:03

I haven't,

3:02:03 - 3:02:10

I haven't worked out the entirety of the tokenomics side of it.

3:02:10 - 3:02:11

Like I am having some issues,

3:02:11 - 3:02:13

like what you're mentioning.

3:02:13 - 3:02:20

I am having some issues with figuring out a hundred percent on how these things are worked out.

3:02:20 - 3:02:21

I mean,

3:02:21 - 3:02:24

because there's going to be,

3:02:24 - 3:02:25

there's going to have to be an infinite,

3:02:25 - 3:02:31

infinite supply of them because you can't really run out of likes and you can't really run out of comments.

3:02:31 - 3:02:32

And,

3:02:32 - 3:02:38

and I'm going to have to give users that give likes and give comments.

3:02:39 - 3:02:41

They're going to have to have a small return.

3:02:41 - 3:02:45

And then the content creator is going to have to have their percentage.

3:02:46 - 3:02:47

And I'm just,

3:02:47 - 3:02:55

I feel like the best way that the money is going to come from the liquidity is probably the biggest part of liquidity is probably going to come from corporations.

3:02:55 - 3:03:04

They're going to have to come in and they're going to have to buy the likes and the comments so that then they can pay the,

3:03:04 - 3:03:09

the influencer who produced that content for,

3:03:09 - 3:03:10

of their product.

3:03:11 - 3:03:21

So essentially they hire an influencer to sell their virgin olive oil and their virgin olive oil gets 10 likes,

3:03:21 - 3:03:22

20 comments,

3:03:23 - 3:03:25

50 retweets.

3:03:25 - 3:03:30

And my calculation for that is X return,

3:03:31 - 3:03:32

or I can split it up.

3:03:32 - 3:03:34

I'm going two ways with this.

3:03:35 - 3:03:40

I can split it up so that they get likes and they get,

3:03:40 - 3:03:42

they get tokenized likes.

3:03:42 - 3:03:43

They get tokenized comments.

3:03:43 - 3:03:46

They get tokenized reposts and tokenized shares,

3:03:46 - 3:03:52

but that makes a tokenization of the system a little bit more complex,

3:03:52 - 3:03:58

but it also then allows the market to determine what is valuable and what's not.

3:03:59 - 3:04:10

And that would be determined by corporations having to put liquidity in so that then they can get the creators to create their product,

3:04:10 - 3:04:12

to sell their products online.

3:04:12 - 3:04:14

Because at the moment it's always,

3:04:14 - 3:04:22

it's a individual barter system where the content creator or the influencer says,

3:04:22 - 3:04:23

like,

3:04:23 - 3:04:24

if I do a post,

3:04:24 - 3:04:25

you've got to give me a million dollars.

3:04:25 - 3:04:26

Like why?

3:04:27 - 3:04:30

Where's the guarantee on return?

3:04:30 - 3:04:30

And it's like,

3:04:31 - 3:04:31

well,

3:04:31 - 3:04:34

the influencer isn't going to make the post unless they get paid.

3:04:34 - 3:04:36

And they want proof.

3:04:36 - 3:04:37

They want APIs on,

3:04:37 - 3:04:40

on why they should pay this amount of money.

3:04:40 - 3:04:44

And that all that information has to come from data sets from the,

3:04:44 - 3:04:47

from the social media platform.

3:04:47 - 3:04:48

And then it's just like,

3:04:48 - 3:04:49

it's just really messy.

3:04:50 - 3:04:56

I'm looking to just try to simplify that system and then allow people to get paid what they're actually worth.

3:04:57 - 3:05:01

And then everyone knows what they're paying because they're only paying the end result.

3:05:01 - 3:05:03

And because it's on the blockchain,

3:05:03 - 3:05:08

then there's a certain amount of money that gets locked up on their,

3:05:08 - 3:05:09

on their wallet.

3:05:09 - 3:05:14

And then once the completion of like the time period is up in a smart contract,

3:05:14 - 3:05:15

time periods up,

3:05:15 - 3:05:16

smart contract is over.

3:05:16 - 3:05:18

Now the release of the funds,

3:05:18 - 3:05:20

how much is the release of the fund?

3:05:20 - 3:05:21

Likes,

3:05:21 - 3:05:21

comments,

3:05:21 - 3:05:22

shares,

3:05:23 - 3:05:24

mathematical equation.

3:05:24 - 3:05:25

This is how much they have to pay.

3:05:26 - 3:05:27

Fuck.

3:05:27 - 3:05:28

I talked forever then.

3:05:29 - 3:05:30

No,

3:05:30 - 3:05:30

I love it,

3:05:30 - 3:05:30

mate.

3:05:30 - 3:05:31

I think it's,

3:05:31 - 3:05:31

I think it's awesome.

3:05:32 - 3:05:35

But then that's also the cool thing about the blockchain technology is the,

3:05:36 - 3:05:37

is the fact that it is all transparent.

3:05:38 - 3:05:40

You know that you guarantee you,

3:05:40 - 3:05:40

the,

3:05:41 - 3:05:43

the company locks it up in a smart contract.

3:05:43 - 3:05:43

It's,

3:05:43 - 3:05:44

it's guaranteed.

3:05:44 - 3:05:45

It's sort of,

3:05:45 - 3:05:49

there's no way there's any sort of confusion ripping off or anything like that.

3:05:49 - 3:05:50

It's,

3:05:50 - 3:05:52

it's all transparent and it's,

3:05:52 - 3:05:52

you,

3:05:52 - 3:05:53

you have that guarantee.

3:05:53 - 3:05:54

Um,

3:05:54 - 3:05:55

but,

3:05:55 - 3:05:56

but also like you said,

3:05:56 - 3:05:56

if,

3:05:56 - 3:06:01

if it's something along the lines of the companies that are paying the influences to promote it,

3:06:01 - 3:06:05

then you're probably creating that demand for the tokens as well.

3:06:05 - 3:06:06

Um,

3:06:06 - 3:06:06

well,

3:06:06 - 3:06:08

obviously there's a lot to think about,

3:06:08 - 3:06:08

but it sounds like you have,

3:06:09 - 3:06:10

I've been thinking.

3:06:10 - 3:06:10

I mean,

3:06:11 - 3:06:11

I mean,

3:06:11 - 3:06:12

look at the beginning,

3:06:12 - 3:06:13

like I said,

3:06:13 - 3:06:15

that the liquidity of it will be,

3:06:15 - 3:06:17

here's a coin.

3:06:17 - 3:06:19

Everyone will go in and buy it.

3:06:19 - 3:06:20

It'll get tanked.

3:06:20 - 3:06:23

It'll be worth zero times.

3:06:23 - 3:06:23

You know,

3:06:23 - 3:06:26

12 and then maybe like a couple of,

3:06:27 - 3:06:28

couple of different numbers on the end.

3:06:29 - 3:06:30

And it'll be worth fuck all.

3:06:30 - 3:06:30

Right.

3:06:30 - 3:06:33

And I don't really care about that because I wouldn't be creating it.

3:06:33 - 3:06:34

I'm not really creating it for,

3:06:34 - 3:06:36

for trade value at the beginning.

3:06:38 - 3:06:40

It's really more will be created.

3:06:40 - 3:06:46

So content creators and influencers can see the vision in it and see the planning and go,

3:06:46 - 3:06:47

okay,

3:06:47 - 3:06:47

well,

3:06:47 - 3:06:48

we're going to get paid in this.

3:06:49 - 3:06:52

It's better than not getting paid at all.

3:06:52 - 3:06:53

Like,

3:06:53 - 3:06:58

because really there's a small percentage of influencers that currently get paid.

3:06:59 - 3:06:59

Well,

3:06:59 - 3:07:05

they were getting paid through Facebook's creator program,

3:07:05 - 3:07:08

but it was such a small percentage of people.

3:07:08 - 3:07:11

Like you've got millions of people creating,

3:07:11 - 3:07:14

like everyone should be getting their fair share.

3:07:14 - 3:07:23

Like it just doesn't seem feasible to just give a few people some money and then everyone else can go get fucked.

3:07:23 - 3:07:24

It just doesn't make sense.

3:07:24 - 3:07:27

And like you're talking about,

3:07:27 - 3:07:30

they're sort of getting paid on what they're valued by the community.

3:07:31 - 3:07:31

Being,

3:07:31 - 3:07:32

being the likes,

3:07:32 - 3:07:34

the retweets,

3:07:34 - 3:07:34

blah,

3:07:34 - 3:07:34

blah,

3:07:34 - 3:07:35

blah.

3:07:35 - 3:07:38

It's more valued by the community rather than,

3:07:39 - 3:07:39

I'm not,

3:07:39 - 3:07:41

I've not heard of the creative program and Facebook.

3:07:41 - 3:07:42

Um,

3:07:43 - 3:07:44

but yeah,

3:07:44 - 3:07:45

they did have one,

3:07:45 - 3:07:45

but it was,

3:07:45 - 3:07:46

it's,

3:07:46 - 3:07:46

it's very,

3:07:46 - 3:07:49

it's very niche and you have to be selected for it.

3:07:49 - 3:07:50

So it's sort of like,

3:07:50 - 3:07:52

okay,

3:07:52 - 3:07:54

so you basically,

3:07:54 - 3:07:56

they're basically selecting the top 10,

3:07:56 - 3:07:59

10% of creators and just rewarding them,

3:07:59 - 3:08:04

which is crap because they're getting the bulk of the money.

3:08:04 - 3:08:07

And they're doing only like combined,

3:08:07 - 3:08:09

they're getting the bulk of the money,

3:08:09 - 3:08:11

but they're only doing 10% of the creation.

3:08:11 - 3:08:12

It doesn't really,

3:08:12 - 3:08:14

it doesn't really work long term.

3:08:15 - 3:08:15

The,

3:08:15 - 3:08:18

the only real issue I have that I'm trying to get around,

3:08:18 - 3:08:21

like one of the biggest issues is bots.

3:08:22 - 3:08:22

Like,

3:08:23 - 3:08:26

like I know Twitter has issues with bots and like,

3:08:27 - 3:08:29

like literally you could bot a,

3:08:29 - 3:08:30

bot a,

3:08:30 - 3:08:31

like bot a,

3:08:31 - 3:08:31

um,

3:08:32 - 3:08:33

post to get,

3:08:33 - 3:08:34

return.

3:08:35 - 3:08:37

So I need to figure that out.

3:08:40 - 3:08:41

Yeah,

3:08:41 - 3:08:42

that would be definitely an interesting one.

3:08:43 - 3:08:44

Sort of.

3:08:45 - 3:08:46

It's one definitely to think about,

3:08:47 - 3:08:48

but I do think of the thing.

3:08:49 - 3:08:50

If it's tied to wallets,

3:08:50 - 3:08:51

sorry,

3:08:51 - 3:08:51

I was going to say,

3:08:51 - 3:08:56

if it's tied to wallets that I could only see like the possibility of

3:08:56 - 3:08:58

somehow when it tied to wallets,

3:08:58 - 3:09:01

fixing that solution through the,

3:09:01 - 3:09:02

through tying it to wallets.

3:09:03 - 3:09:04

you know,

3:09:04 - 3:09:07

like if you are bought,

3:09:07 - 3:09:08

if you're a bot,

3:09:08 - 3:09:08

if you figured,

3:09:08 - 3:09:09

if you found out to be a bot,

3:09:10 - 3:09:12

then that wallet can't be used,

3:09:12 - 3:09:16

but then you could just create another bot and then create another account

3:09:16 - 3:09:18

because then your account would be banned.

3:09:19 - 3:09:20

So I don't know.

3:09:20 - 3:09:21

Yeah.

3:09:21 - 3:09:22

The bot thing.

3:09:22 - 3:09:23

I'm not,

3:09:23 - 3:09:24

I'm not up on bots.

3:09:24 - 3:09:25

Like I'm like,

3:09:25 - 3:09:25

fuck bots.

3:09:26 - 3:09:27

So I need to figure it out.

3:09:27 - 3:09:28

The bot network.

3:09:28 - 3:09:36

I really dig the idea of the sort of based,

3:09:36 - 3:09:38

based on that equation you were talking about though,

3:09:38 - 3:09:38

the,

3:09:39 - 3:09:45

it would encourage more people to create content because they might not be in

3:09:45 - 3:09:45

that.

3:09:45 - 3:09:47

Normally on something like Facebook,

3:09:47 - 3:09:48

they might not be in that 10%,

3:09:48 - 3:09:51

but they're getting heaps of likes,

3:09:51 - 3:09:51

shares,

3:09:52 - 3:09:52

blah,

3:09:52 - 3:09:52

blah,

3:09:52 - 3:09:52

blah.

3:09:52 - 3:09:54

But with this sort of system,

3:09:55 - 3:09:56

they're getting valued by what,

3:09:57 - 3:09:58

how the people like it.

3:09:58 - 3:10:00

Like obviously the bots is an issue,

3:10:00 - 3:10:00

but,

3:10:00 - 3:10:01

but the,

3:10:01 - 3:10:02

the idea of it,

3:10:02 - 3:10:03

I do really dig.

3:10:04 - 3:10:05

I think it's very cool.

3:10:06 - 3:10:07

Anyway,

3:10:07 - 3:10:10

that's just sort of what I'm just fiddling around with.

3:10:10 - 3:10:12

I'm fiddling around with a couple other things too,

3:10:12 - 3:10:13

but that's,

3:10:13 - 3:10:13

that's my main,

3:10:14 - 3:10:16

that's my main goal at the moment anyway.

3:10:18 - 3:10:19

But what else is everyone else up to?

3:10:20 - 3:10:21

I really like it,

3:10:21 - 3:10:21

man.

3:10:21 - 3:10:23

I really like the idea of it.

3:10:23 - 3:10:23

I'm just sharing.

3:10:26 - 3:10:27

Can you hear me?

3:10:34 - 3:10:34

Am I rugging?

3:10:36 - 3:10:37

Okay,

3:10:37 - 3:10:37

you know.

3:10:38 - 3:10:39

Okay,

3:10:39 - 3:10:39

cool,

3:10:39 - 3:10:39

cool,

3:10:39 - 3:10:39

cool.

3:10:40 - 3:10:40

Yeah,

3:10:40 - 3:10:41

I was actually saying,

3:10:41 - 3:10:41

yeah,

3:10:41 - 3:10:42

I love the idea.

3:10:42 - 3:10:46

And if it can give you like a little bit of,

3:10:46 - 3:10:51

I can't get the words today.

3:10:51 - 3:10:52

my fever is getting me crazy.

3:10:54 - 3:10:55

But,

3:10:55 - 3:10:57

what I'm doing actually for,

3:10:57 - 3:10:58

to,

3:10:58 - 3:11:02

to prevent all of this from the platform I'm building,

3:11:02 - 3:11:06

is to actually have a lot of,

3:11:06 - 3:11:10

I've integrated a lot of,

3:11:10 - 3:11:14

how you call it?

3:11:14 - 3:11:14

Oh,

3:11:14 - 3:11:15

shit.

3:11:16 - 3:11:16

A lot of,

3:11:17 - 3:11:17

well,

3:11:17 - 3:11:19

let's say,

3:11:19 - 3:11:21

if you want to do a review on,

3:11:22 - 3:11:23

yeah,

3:11:24 - 3:11:24

if,

3:11:24 - 3:11:27

if you want to do a review on a project,

3:11:27 - 3:11:29

you have to be like a holder.

3:11:29 - 3:11:29

So,

3:11:29 - 3:11:30

you have the Matrica verify,

3:11:31 - 3:11:32

and all that.

3:11:32 - 3:11:35

If you want to do a review on a promoter,

3:11:35 - 3:11:37

then you would have to have,

3:11:37 - 3:11:38

let's say,

3:11:38 - 3:11:43

at least one month active profile on Twitter.

3:11:43 - 3:11:44

So,

3:11:44 - 3:11:47

you cannot just create a new Twitter profile,

3:11:47 - 3:11:47

and you,

3:11:47 - 3:11:49

but you have to have like a,

3:11:49 - 3:11:51

a history behind it.

3:11:52 - 3:11:52

And,

3:11:52 - 3:11:55

the third thing is,

3:11:55 - 3:11:56

what was it for?

3:11:57 - 3:11:57

Also,

3:11:58 - 3:11:58

as you said,

3:11:58 - 3:11:59

as wallets,

3:12:00 - 3:12:00

but,

3:12:00 - 3:12:03

wallets don't really prevent this,

3:12:03 - 3:12:05

but they would actually have,

3:12:05 - 3:12:06

to have like,

3:12:06 - 3:12:07

let's say,

3:12:07 - 3:12:09

a little amount of money on the wallet.

3:12:10 - 3:12:10

So,

3:12:10 - 3:12:12

even if people want to bot,

3:12:13 - 3:12:15

they would have to actually put,

3:12:15 - 3:12:16

a certain amount of money,

3:12:16 - 3:12:18

in every single wallet,

3:12:18 - 3:12:20

that has to make the comment.

3:12:21 - 3:12:21

So,

3:12:21 - 3:12:23

it's not so much work for them,

3:12:24 - 3:12:24

because,

3:12:25 - 3:12:26

you know,

3:12:26 - 3:12:27

you have to put some money in,

3:12:27 - 3:12:28

so many wallets,

3:12:28 - 3:12:29

you know what I mean?

3:12:29 - 3:12:29

So,

3:12:30 - 3:12:31

just to make these comments,

3:12:31 - 3:12:32

and to make,

3:12:32 - 3:12:33

to make a bot,

3:12:34 - 3:12:36

it wouldn't be so easy,

3:12:36 - 3:12:37

let's say that way.

3:12:39 - 3:12:40

Yeah,

3:12:40 - 3:12:41

yeah,

3:12:41 - 3:12:41

yeah.

3:12:42 - 3:12:42

Sorry.

3:12:49 - 3:12:50

Barriers,

3:12:50 - 3:12:53

but I thought,

3:12:53 - 3:12:54

maybe also,

3:12:54 - 3:12:57

like you said,

3:12:57 - 3:12:58

it would just make it,

3:12:58 - 3:12:59

more difficult.

3:13:03 - 3:13:04

Yeah,

3:13:04 - 3:13:04

exactly.

3:13:04 - 3:13:05

That's the,

3:13:05 - 3:13:05

that's the whole point.

3:13:05 - 3:13:07

You have to make it difficult,

3:13:07 - 3:13:08

for them to,

3:13:08 - 3:13:09

you know,

3:13:09 - 3:13:11

have this easy access,

3:13:11 - 3:13:13

and these easy comments,

3:13:13 - 3:13:13

or,

3:13:14 - 3:13:14

whatsoever.

3:13:16 - 3:13:17

The way,

3:13:17 - 3:13:18

that Elon done it,

3:13:18 - 3:13:18

as well,

3:13:19 - 3:13:19

that,

3:13:19 - 3:13:20

you know,

3:13:20 - 3:13:21

I had like,

3:13:21 - 3:13:22

I don't know,

3:13:23 - 3:13:24

10 alt accounts,

3:13:24 - 3:13:26

that I used,

3:13:26 - 3:13:26

you know,

3:13:26 - 3:13:27

for shitty stuff,

3:13:28 - 3:13:29

at the very start,

3:13:29 - 3:13:30

of my journey on Twitter,

3:13:31 - 3:13:31

just to,

3:13:32 - 3:13:32

try,

3:13:33 - 3:13:34

either the giveaways,

3:13:34 - 3:13:35

or,

3:13:35 - 3:13:35

you know,

3:13:36 - 3:13:36

Hey Wallet,

3:13:36 - 3:13:37

you know,

3:13:37 - 3:13:38

I wanted to,

3:13:38 - 3:13:39

to try all these things,

3:13:39 - 3:13:41

but I didn't want to use my main account,

3:13:41 - 3:13:42

so I just created them,

3:13:43 - 3:13:43

and what happened,

3:13:44 - 3:13:45

when Elon came in,

3:13:45 - 3:13:45

is that,

3:13:46 - 3:13:47

they just disappeared,

3:13:47 - 3:13:49

I just tried to get in,

3:13:50 - 3:13:51

like a week ago,

3:13:51 - 3:13:53

and the account was just blocked,

3:13:53 - 3:13:53

no,

3:13:53 - 3:13:55

no way you could get it unlocked,

3:13:55 - 3:13:56

and,

3:13:56 - 3:13:58

what,

3:13:58 - 3:13:59

what I've tried to do is,

3:13:59 - 3:14:01

I've unlocked one,

3:14:02 - 3:14:03

but then,

3:14:03 - 3:14:04

what happened with the second one,

3:14:05 - 3:14:05

is,

3:14:05 - 3:14:06

the first one,

3:14:06 - 3:14:08

they asked me for a phone number,

3:14:08 - 3:14:08

you know,

3:14:09 - 3:14:09

to,

3:14:09 - 3:14:11

to make sure that,

3:14:11 - 3:14:12

who was the person behind it,

3:14:13 - 3:14:14

and once I'd done it,

3:14:14 - 3:14:15

with the second one,

3:14:15 - 3:14:17

I couldn't put the same phone number inside,

3:14:18 - 3:14:19

so I had to put another phone number,

3:14:20 - 3:14:20

to,

3:14:21 - 3:14:21

to unlock it,

3:14:22 - 3:14:22

so,

3:14:23 - 3:14:25

imagine with the 12 accounts,

3:14:25 - 3:14:26

you,

3:14:26 - 3:14:27

you won't be able to do it,

3:14:27 - 3:14:29

because you have to have,

3:14:29 - 3:14:30

all these phone numbers,

3:14:30 - 3:14:31

and,

3:14:31 - 3:14:33

you get a message on them,

3:14:33 - 3:14:35

to unlock your profile,

3:14:36 - 3:14:36

so,

3:14:36 - 3:14:36

you,

3:14:36 - 3:14:36

yeah,

3:14:37 - 3:14:38

that's one thing he did,

3:14:38 - 3:14:39

actually great,

3:14:39 - 3:14:40

because,

3:14:40 - 3:14:41

it's impossible now,

3:14:41 - 3:14:43

for me to have more than,

3:14:43 - 3:14:44

X accounts,

3:14:44 - 3:14:45

if I don't have,

3:14:45 - 3:14:46

a certain amount of phone numbers,

3:14:48 - 3:14:52

yeah,

3:14:52 - 3:14:53

okay,

3:14:53 - 3:14:53

yeah,

3:14:53 - 3:14:53

no,

3:14:53 - 3:14:54

no,

3:14:54 - 3:14:54

I,

3:14:54 - 3:14:55

I just,

3:14:55 - 3:14:55

yeah,

3:14:56 - 3:14:56

no,

3:14:56 - 3:14:57

I know what you're saying,

3:14:57 - 3:14:58

it's,

3:14:58 - 3:14:59

it's,

3:14:59 - 3:15:00

when it comes to,

3:15:00 - 3:15:01

the thing is though,

3:15:01 - 3:15:02

when it comes to,

3:15:02 - 3:15:03

financial incentive,

3:15:03 - 3:15:04

you know,

3:15:04 - 3:15:04

like,

3:15:05 - 3:15:05

you and I know,

3:15:06 - 3:15:06

like,

3:15:06 - 3:15:08

with those alt accounts you have,

3:15:08 - 3:15:08

like,

3:15:08 - 3:15:09

you don't really give a fuck,

3:15:09 - 3:15:10

if you lose one,

3:15:10 - 3:15:11

you know what I mean,

3:15:11 - 3:15:11

like,

3:15:11 - 3:15:11

you're like,

3:15:11 - 3:15:11

ah,

3:15:11 - 3:15:12

whatever,

3:15:12 - 3:15:13

I lost an alt account,

3:15:13 - 3:15:14

whereas,

3:15:14 - 3:15:15

you know these people like,

3:15:15 - 3:15:15

you,

3:15:16 - 3:15:16

you,

3:15:16 - 3:15:17

you know mev bots,

3:15:17 - 3:15:17

yeah,

3:15:18 - 3:15:19

you know what a mev bot is,

3:15:21 - 3:15:22

can you repeat that,

3:15:22 - 3:15:22

a mev,

3:15:23 - 3:15:23

mev bot,

3:15:24 - 3:15:24

mev,

3:15:24 - 3:15:25

mev,

3:15:25 - 3:15:25

mev bot,

3:15:26 - 3:15:26

no,

3:15:26 - 3:15:27

I don't know what that is,

3:15:28 - 3:15:28

okay,

3:15:28 - 3:15:28

so,

3:15:28 - 3:15:28

on,

3:15:29 - 3:15:29

on,

3:15:30 - 3:15:32

block,

3:15:32 - 3:15:34

sorry mate,

3:15:34 - 3:15:34

sorry,

3:15:34 - 3:15:34

I was just,

3:15:34 - 3:15:35

I was joking,

3:15:35 - 3:15:36

I was Jared from Subway,

3:15:37 - 3:15:37

my bad,

3:15:38 - 3:15:38

yep,

3:15:38 - 3:15:39

that's it,

3:15:39 - 3:15:40

Jared from Subway,

3:15:40 - 3:15:48

is the chiptoli sauce,

3:15:49 - 3:15:50

inside the sandwich or not,

3:15:54 - 3:15:55

it is,

3:15:55 - 3:15:55

it's the good,

3:15:56 - 3:15:56

it's,

3:15:56 - 3:15:57

it's the good stuff,

3:15:57 - 3:15:58

inside the sandwich,

3:15:58 - 3:15:59

that's the one,

3:15:59 - 3:16:00

or you don't,

3:16:00 - 3:16:01

or you don't like spicy,

3:16:02 - 3:16:03

oh mate,

3:16:03 - 3:16:04

I love it,

3:16:04 - 3:16:04

I,

3:16:04 - 3:16:04

man,

3:16:05 - 3:16:05

I love mev bots,

3:16:06 - 3:16:06

I'm like,

3:16:06 - 3:16:07

fuck yeah,

3:16:07 - 3:16:07

like,

3:16:07 - 3:16:08

hey man,

3:16:08 - 3:16:08

like,

3:16:08 - 3:16:09

people like,

3:16:09 - 3:16:10

are against mev bots,

3:16:10 - 3:16:10

I'm like,

3:16:11 - 3:16:11

dude,

3:16:11 - 3:16:12

like,

3:16:12 - 3:16:13

if you can figure a way,

3:16:13 - 3:16:14

to game the system,

3:16:15 - 3:16:15

for like,

3:16:15 - 3:16:16

two cents here,

3:16:16 - 3:16:17

or two cents there,

3:16:17 - 3:16:17

then,

3:16:18 - 3:16:19

fucking full of you mate,

3:16:23 - 3:16:24

sorry guys,

3:16:24 - 3:16:25

I was rugging,

3:16:25 - 3:16:25

because I'm on the train,

3:16:26 - 3:16:27

and I live in Germany,

3:16:27 - 3:16:28

I live on the border of Austria,

3:16:29 - 3:16:29

Austria,

3:16:29 - 3:16:30

and Germany,

3:16:30 - 3:16:31

so,

3:16:31 - 3:16:32

Austria is not far away from me,

3:16:33 - 3:16:33

but block,

3:16:33 - 3:16:35

I have to tell you something funny,

3:16:35 - 3:16:35

do you hear me?

3:16:37 - 3:16:39

Yeah man,

3:16:39 - 3:16:39

yeah,

3:16:39 - 3:16:40

you know,

3:16:40 - 3:16:41

most of the people,

3:16:41 - 3:16:43

they are coming here,

3:16:43 - 3:16:44

for vacation,

3:16:45 - 3:16:46

they are always thinking,

3:16:46 - 3:16:47

that they are coming to Australia,

3:16:48 - 3:16:49

so the people in Austria,

3:16:49 - 3:16:50

they are telling them,

3:16:50 - 3:16:51

we have,

3:16:51 - 3:16:52

don't have kangaroo here,

3:16:53 - 3:16:53

so now,

3:16:53 - 3:16:54

when,

3:16:54 - 3:16:55

when I get to the Austrian,

3:16:56 - 3:16:57

train station,

3:16:57 - 3:16:57

the first thing,

3:16:58 - 3:16:58

that you see,

3:16:58 - 3:16:59

a big picture,

3:17:00 - 3:17:00

was written,

3:17:00 - 3:17:02

we don't have kangaroos here,

3:17:02 - 3:17:03

we are Austrian,

3:17:04 - 3:17:04

not Australian,

3:17:05 - 3:17:06

so I don't know,

3:17:06 - 3:17:07

if you know the struggle,

3:17:07 - 3:17:08

so now,

3:17:08 - 3:17:09

we are in 2023,

3:17:10 - 3:17:10

and the people,

3:17:10 - 3:17:11

still thinking,

3:17:11 - 3:17:12

that Australia is in Europe,

3:17:12 - 3:17:13

and they are coming here,

3:17:13 - 3:17:14

next to Germany,

3:17:14 - 3:17:15

and they are saying,

3:17:15 - 3:17:16

we don't see kangaroo,

3:17:16 - 3:17:16

brother,

3:17:16 - 3:17:17

you are in Austria,

3:17:17 - 3:17:18

not Australia,

3:17:18 - 3:17:18

so,

3:17:19 - 3:17:20

I found it a little bit silly,

3:17:20 - 3:17:21

but funny,

3:17:21 - 3:17:21

you know what I mean?

3:17:21 - 3:17:23

that's hilarious,

3:17:24 - 3:17:25

that is funny,

3:17:25 - 3:17:25

that is funny,

3:17:25 - 3:17:28

nah,

3:17:29 - 3:17:29

I've not heard that much,

3:17:30 - 3:17:30

but dude,

3:17:30 - 3:17:31

you're in Europe,

3:17:31 - 3:17:31

mate,

3:17:31 - 3:17:32

yeah,

3:17:32 - 3:17:32

you know,

3:17:32 - 3:17:33

after you guys,

3:17:33 - 3:17:34

V in Salzburg,

3:17:34 - 3:17:35

I think you know,

3:17:35 - 3:17:36

which country I'm talking about,

3:17:36 - 3:17:40

what was that,

3:17:40 - 3:17:55

I'm not sure if anyone's talking,

3:17:55 - 3:17:56

but I cannot,

3:17:56 - 3:17:58

I cannot hear anything,

3:17:58 - 3:18:04

no one is talking,

3:18:04 - 3:18:05

rip in block,

3:18:05 - 3:18:06

rip in,

3:18:08 - 3:18:09

sorry man,

3:18:09 - 3:18:09

I thought,

3:18:09 - 3:18:09

I thought you got,

3:18:10 - 3:18:10

fully rugged there,

3:18:10 - 3:18:12

nah dude,

3:18:12 - 3:18:13

sorry,

3:18:13 - 3:18:14

maybe because of me,

3:18:14 - 3:18:15

because I'm on the train,

3:18:15 - 3:18:16

and the signal is bad,

3:18:16 - 3:18:17

I'm on the border,

3:18:17 - 3:18:18

of Germany and Austria,

3:18:18 - 3:18:20

I don't know if it's because of me,

3:18:22 - 3:18:23

what's your plan today,

3:18:23 - 3:18:23

what are you up to,

3:18:24 - 3:18:25

what are you on the train for?

3:18:25 - 3:18:26

I'm just meeting some friends,

3:18:26 - 3:18:27

in Austria,

3:18:27 - 3:18:27

you know,

3:18:27 - 3:18:28

I have two weeks vacation now,

3:18:28 - 3:18:30

and I'm going to meet some people,

3:18:30 - 3:18:31

they are trading on,

3:18:31 - 3:18:32

Tezos blockchain,

3:18:32 - 3:18:33

so I would like to meet them,

3:18:33 - 3:18:34

for two,

3:18:34 - 3:18:34

three hours,

3:18:34 - 3:18:35

we talk a little bit,

3:18:35 - 3:18:36

then I'm going back home,

3:18:37 - 3:18:38

they are good friends,

3:18:38 - 3:18:38

you know,

3:18:40 - 3:18:41

very nice,

3:18:41 - 3:18:42

going to see some kangaroos,

3:18:43 - 3:18:44

exactly,

3:18:44 - 3:18:44

exactly,

3:18:44 - 3:18:45

yeah,

3:18:45 - 3:18:47

no,

3:18:52 - 3:18:53

I'm glad to hear it man,

3:18:53 - 3:18:54

enjoy a,

3:18:55 - 3:18:56

productive day,

3:18:56 - 3:18:57

thanks a lot homie,

3:18:57 - 3:18:58

thanks a lot,

3:18:58 - 3:18:59

but I would like to visit,

3:18:59 - 3:18:59

Australia,

3:19:00 - 3:19:00

Australia,

3:19:01 - 3:19:01

the original one,

3:19:01 - 3:19:02

for sure,

3:19:02 - 3:19:03

I would like to,

3:19:03 - 3:19:04

I've never been there,

3:19:07 - 3:19:08

but Mr.

3:19:08 - 3:19:08

Sheet,

3:19:09 - 3:19:09

Mr.

3:19:10 - 3:19:10

Sheet,

3:19:10 - 3:19:10

you'd love it,

3:19:10 - 3:19:13

I didn't give you my opinion,

3:19:13 - 3:19:14

I didn't give you my opinion,

3:19:14 - 3:19:15

of what you are talking about,

3:19:15 - 3:19:16

but I would tell you,

3:19:16 - 3:19:17

Solano or Tezos,

3:19:17 - 3:19:18

this is my opinion,

3:19:19 - 3:19:19

you want to do something,

3:19:20 - 3:19:20

it's okay,

3:19:20 - 3:19:21

Solano or Tezos,

3:19:22 - 3:19:24

this is what I would like to tell you,

3:19:24 - 3:19:25

yeah,

3:19:25 - 3:19:26

look,

3:19:26 - 3:19:26

look,

3:19:26 - 3:19:26

to be honest,

3:19:27 - 3:19:27

Solano,

3:19:27 - 3:19:28

Solano is like,

3:19:29 - 3:19:30

is like,

3:19:30 - 3:19:31

very tempting,

3:19:31 - 3:19:32

I'm just,

3:19:32 - 3:19:34

I'm just like,

3:19:34 - 3:19:35

with Solano,

3:19:36 - 3:19:37

I'm just a little bit,

3:19:37 - 3:19:37

like,

3:19:37 - 3:19:37

hesitant,

3:19:38 - 3:19:39

I would like them to get out of beta,

3:19:39 - 3:19:40

I'd like them to just,

3:19:41 - 3:19:41

pull the,

3:19:41 - 3:19:42

pull the ripcord,

3:19:42 - 3:19:43

and just be like,

3:19:43 - 3:19:44

fuck it,

3:19:44 - 3:19:44

we're out,

3:19:45 - 3:19:45

like,

3:19:46 - 3:19:47

just don't like that,

3:19:47 - 3:19:48

they're just hanging around there,

3:19:48 - 3:19:49

so,

3:19:49 - 3:19:49

yeah,

3:19:50 - 3:19:50

no,

3:19:50 - 3:19:50

no,

3:19:50 - 3:19:50

I know,

3:19:50 - 3:19:51

I agree with you,

3:19:51 - 3:19:53

I like Sol for,

3:19:54 - 3:19:56

for this user case,

3:19:56 - 3:19:56

it's,

3:19:57 - 3:19:58

it's got a lot more,

3:19:58 - 3:19:59

it's got Klopp,

3:19:59 - 3:19:59

which is like,

3:20:00 - 3:20:00

beautiful for this,

3:20:01 - 3:20:01

like,

3:20:02 - 3:20:03

Klopp is like,

3:20:03 - 3:20:04

definitely something,

3:20:05 - 3:20:05

that I,

3:20:05 - 3:20:07

I feel is so underrated,

3:20:07 - 3:20:08

like,

3:20:08 - 3:20:09

no one even talks about it,

3:20:09 - 3:20:10

everyone just says,

3:20:10 - 3:20:12

Solano is good for transactions,

3:20:13 - 3:20:15

and everyone on ETH goes,

3:20:15 - 3:20:16

Solano sucks,

3:20:16 - 3:20:16

but,

3:20:17 - 3:20:17

like,

3:20:17 - 3:20:18

you know,

3:20:18 - 3:20:18

try to,

3:20:19 - 3:20:19

like,

3:20:19 - 3:20:20

try to add,

3:20:20 - 3:20:20

like,

3:20:21 - 3:20:21

more,

3:20:22 - 3:20:23

try to add more data,

3:20:23 - 3:20:24

on ETH,

3:20:24 - 3:20:25

forget about it,

3:20:25 - 3:20:25

like,

3:20:25 - 3:20:25

you,

3:20:26 - 3:20:27

there's no way you're going to do it,

3:20:27 - 3:20:28

but you can do it on Sol,

3:20:29 - 3:20:29

you can,

3:20:29 - 3:20:30

you can do it on Sol,

3:20:30 - 3:20:31

and that,

3:20:31 - 3:20:32

and that is a very important,

3:20:32 - 3:20:33

um,

3:20:33 - 3:20:34

criteria for this.

3:20:36 - 3:20:39

Would Solano be reliable for something like that though?

3:20:39 - 3:20:40

Like for,

3:20:41 - 3:20:41

um,

3:20:43 - 3:20:43

like,

3:20:43 - 3:20:45

I've looked into it a bit.

3:20:45 - 3:20:46

It's a lot,

3:20:46 - 3:20:47

Solano is pretty,

3:20:47 - 3:20:48

it's pretty reliable,

3:20:48 - 3:20:48

like,

3:20:48 - 3:20:49

it's,

3:20:49 - 3:20:49

look,

3:20:49 - 3:20:51

it gets a bad rap because,

3:20:51 - 3:20:52

look,

3:20:52 - 3:20:52

like I said,

3:20:53 - 3:20:53

they're in beta,

3:20:54 - 3:20:57

they just need to move away from this safety zone of beta,

3:20:57 - 3:20:57

like,

3:20:57 - 3:20:58

they just,

3:20:58 - 3:20:59

that's their problem,

3:20:59 - 3:20:59

like,

3:20:59 - 3:21:01

it's like a crutch to them.

3:21:01 - 3:21:04

once they move away from it,

3:21:04 - 3:21:04

they,

3:21:04 - 3:21:07

they will fix the fucking problems because they're not beta anymore.

3:21:08 - 3:21:08

But like,

3:21:08 - 3:21:11

what they can do now is they can say when they have a problem,

3:21:11 - 3:21:12

oh yeah,

3:21:12 - 3:21:12

we're still in beta.

3:21:13 - 3:21:13

You know what I mean?

3:21:13 - 3:21:13

Like,

3:21:13 - 3:21:15

just move away from it and,

3:21:15 - 3:21:18

and you will technically solve the problems because you have to.

3:21:19 - 3:21:19

So,

3:21:20 - 3:21:20

um,

3:21:21 - 3:21:22

but it,

3:21:22 - 3:21:22

it,

3:21:22 - 3:21:27

it just has so many elements that fit the,

3:21:27 - 3:21:28

fit the criteria that I,

3:21:28 - 3:21:29

that I,

3:21:29 - 3:21:30

that I'm looking for.

3:21:30 - 3:21:31

I'm looking for,

3:21:31 - 3:21:33

for like low transaction fees,

3:21:33 - 3:21:34

which like sold us,

3:21:35 - 3:21:36

like it literally is fuck all.

3:21:37 - 3:21:37

Um,

3:21:37 - 3:21:40

I'm looking for large data sets,

3:21:40 - 3:21:45

which they have and large transaction volumes that they do have.

3:21:45 - 3:21:46

Even though I know,

3:21:46 - 3:21:47

I know you did mention,

3:21:47 - 3:21:48

um,

3:21:48 - 3:21:50

that they do count,

3:21:50 - 3:21:51

they do count the,

3:21:51 - 3:21:52

um,

3:21:52 - 3:21:53

they do count,

3:21:53 - 3:21:55

uh,

3:21:55 - 3:21:57

transactions on transactions,

3:21:57 - 3:21:58

which like is like,

3:21:58 - 3:21:59

weird,

3:21:59 - 3:22:01

but even if they count those in,

3:22:02 - 3:22:02

um,

3:22:02 - 3:22:06

it doesn't matter because they've still got enough room to move.

3:22:06 - 3:22:09

I am looking at BNB as well.

3:22:10 - 3:22:10

Um,

3:22:10 - 3:22:12

I haven't really looked at H bar,

3:22:12 - 3:22:12

like you mentioned,

3:22:12 - 3:22:16

but I am looking at BNB because BNB smart chain is pretty good too.

3:22:17 - 3:22:17

Um,

3:22:17 - 3:22:18

but yeah,

3:22:18 - 3:22:21

like just all a little bit still like,

3:22:21 - 3:22:21

okay,

3:22:21 - 3:22:23

like what would be the best solution?

3:22:23 - 3:22:24

And I've got to do a,

3:22:24 - 3:22:26

like a more of a deep dive.

3:22:26 - 3:22:26

I just,

3:22:26 - 3:22:28

I just wanted to see the consensus out there.

3:22:33 - 3:22:34

For sure.

3:22:34 - 3:22:34

Rajab,

3:22:34 - 3:22:36

you mentioned Tezos before.

3:22:36 - 3:22:36

What is,

3:22:37 - 3:22:39

I have not actually looked too much into that.

3:22:39 - 3:22:40

What is the,

3:22:41 - 3:22:43

I don't know much about it to be honest.

3:22:43 - 3:22:51

if you care to explain a bit or maybe he's on the train,

3:22:51 - 3:22:52

but yeah,

3:22:53 - 3:22:53

man,

3:22:53 - 3:22:57

Tezos is more for at the moment is the,

3:22:57 - 3:23:00

you can see it as the marketplace for generative art.

3:23:00 - 3:23:02

So if you go on,

3:23:02 - 3:23:03

um,

3:23:04 - 3:23:04

uh,

3:23:04 - 3:23:09

T S hash or F F X hash or something like that,

3:23:09 - 3:23:10

which is the marketplace,

3:23:10 - 3:23:12

the main marketplace of Tezos.

3:23:13 - 3:23:14

Uh,

3:23:14 - 3:23:14

yes,

3:23:14 - 3:23:17

it's mainly generative art only.

3:23:17 - 3:23:21

So you can find a lot of real artists and whatsoever,

3:23:21 - 3:23:24

but it really is on art.

3:23:24 - 3:23:25

And that's it.

3:23:25 - 3:23:25

You,

3:23:26 - 3:23:30

you won't find any PFPs or stuff like that.

3:23:30 - 3:23:30

Okay.

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