Love The Space #LTS

Recorded: Feb. 1, 2024 Duration: 2:58:20

Player

Snippets

Nothing more than you and I am nothing
But I won't let one use any other way
Just nothing more than you and I
Nothing more than you and I
I don't want it, I just need to breathe
Just to know I'm gonna die
I'm gonna keep it for the first time
Show me the issues of the end
We'll come together
Please turn around and see
Nothing more than you and I
Nothing more than you and I
Nothing more than you and I
I don't want it, I just need to breathe
Just nothing more than you and I
Nothing more than you and I
I don't want it, I just need to breathe
Just nothing more than you and I
Nothing more than you and I
I just need to breathe
Just to know I'm gonna die
I'm gonna keep it for the first time
All right, I could probably play those all night.
That's my band tool.
There's always my jams shit.
That one is so future looking.
That song came out in 97.
It's called Stink Fist.
And in it, it talks about constant overstimulation
and that we're almost bored by our constant overstimulation.
And that was pre any of this stuff that we deal with today.
I feel like the overstimulation is unending.
It's hard to get away from.
I've been watching my daughter.
She got a phone about a year ago and seeing her
get more consumed by it, texting her friends
and these chat groups and drawn into it.
Man, it's a trap.
It's really hard to get out of.
And even though here I am on Twitter doing this stuff,
it's like you try to detach a little bit.
It's hard to do.
But I feel like I've actually been the last couple of weeks.
It's weird.
I've been doing this for 2 and 1,000 years.
I had two jobs for over the course of 18 years.
And now I've had two jobs in two years.
And I'm going to have another one I'm
changing here in a few days.
And I've actually had some time off.
And I thought I'd have all this time to do Litecoin stuff
and Twitter stuff.
And I've actually been busier seemingly when I'm not working.
So I just really rolled into the house like 15 minutes ago,
trying to figure all this out.
But I had some stuff I kind of want to talk about.
But as of every week, I would like you guys, come up.
Tell me what you think is interesting going on.
I feel like anymore I'm just this big,
I feel like a hater anymore.
Maybe I need to infuse some optimism in this place.
I don't know if it does anybody any good to be a pessimist.
I consider myself a realist.
So maybe somebody can contradict me.
I guess I just think that things have gotten, it was funny.
I was looking at a lot of, I started tracking these crazy
price predictions.
I have a bookmark.
I bookmark all the crazy price predictions.
I already know what chief's going to talk to me about.
That can wait, chief.
But what I've noticed is I always
thought ETH did this thing.
Ethereum always was good at grabbing the newest wave
and the newest hype in order to keep the attention of users.
So they moved from ICOs.
And then it was DeFi.
And it was NFTs.
It was smart contracts.
It was DAOs.
It's always this new thing.
What's the next, the metaverse?
And I'm watching the exact same thing
play out over the course of last year on Bitcoin.
Ordinals were the NFT wave.
And then it was BRC20s.
Those are ICOs.
I know there's lending now.
There's lending protocols using ordinals.
And there's obviously DeFi on Bitcoin.
What I'm laughing about is that those were mocked in the past.
And now, of course, they're legitimate
because they're on Bitcoin.
But the latest one is this whole idea of Bitcoin
as a city and this power law, whatever they're coming up with.
This is a new idea, which is just the metaverse.
They're just taking the metaverse.
Like, you own a plot of land on this rare space.
And it's unique because it's scarce.
There's no utility to it, but it's scarce, right?
That's all the metaverse is.
That's exactly what the sandbox was or whatever
10 other protocols came up with.
It's the exact same thing.
But, Chief, are you going to give me crap about the Lions?
Yes, I am.
What did you think about the game, man?
Tell me on the two goals, what are you thinking about?
I'm primarily a Giants fan.
I would call Lions my second team.
And I do like him.
And I was watching the game with a guy who I've known a long time
and is an intense Lions fan.
And I'm guessing the day after and even today,
he's probably still digesting what happened.
But there was a guy there who, after the first time they
chose not to kick the field goal,
he was like, dude, you've got to take the points.
And so the whole second half, he's going,
should have taken the points.
You should have taken the points.
And no one wants to hear that shit, right?
And then the second time, I was just like, oh, dude,
I didn't get it.
And I just looked at it like, you got to take the points.
You got to take the points.
You got to go up.
Well, especially when you're down.
But in the second one, you're down three with like six minutes
So if you don't get it, exactly what happened happens.
They can go end the game.
So you don't want to put yourself in that position.
And yeah, it sucked, man.
I mean, they were so good, dude.
They were on fire.
And everything went wrong.
Not only the fourth down they went for, they dropped the pass.
And then the freaking ball off the face mask.
That's just bad luck.
I mean, that ball drops dead 95% of the time, you know?
And then you don't tie the game.
And not only that, you already went for a field goal
before the second half.
So you already diverted from your aggressiveness
or whatever.
Yeah, well, and then they dropped.
They had a big drop.
They fumbled.
They come back right after the touchdown, they fumbled.
And then they drop a third down.
It was like everything went wrong, man.
And I've been saying this a long time.
Again, as a Giants fan, having watched
them go to the Super Bowl a couple of times,
there's always these random plays that you got to just make.
You have to make that third and 12 catch or whatever.
The third and 51, would I get it?
That kills another minute off the clock or whatever,
like it demoralizes the other team.
And they just didn't make those plays.
They had everything set up, man.
Dude, it was the first half.
They were just rolling.
They looked unstoppable.
Yeah, I blame the coach.
It's his fault. Don't forget dropping the passes or anything.
It was just his decision making that made them lose.
Yep, I would agree.
I would agree.
Even obviously, all I had to do was kick one of the two.
Right. Yes.
And it would have been a different game.
They would have at least tied it.
I know. He needs to put it.
Let's go make it just the kick, too. Right.
So everything was going their way in the first half.
You need to play a situation of football
the last 20, 20 minutes of the game.
And he should know that he you know how he's a he's a player, right?
They were saying that the player in him over over beat the coach in him.
Yeah, well, I told my buddy, I said, you know, they need you got to have
they need a guy up in the booth who's like offensive coordinator,
who's like, you know, 90 fucking years old that ultimately can just be like,
dude, no, right. Or somebody in that.
I mean, they don't have any they don't have any veteran leadership
on that team at all. I know they're they have like five rookies.
They're super young.
So if they'd had a they had a couple of leaders in the team and golf
maybe should even be that guy to be like, Coach, are you fucking crazy?
Yeah. Take the points.
Let's take the points of 17 points.
So it sucks because they had it in their hand and
to think it was right there.
And I mean, I don't know, Casey's role in any way.
Is anybody going to be Kansas City?
They're their underdog.
But anyway, I thought I thought for some reason today you were going to have
on the chicken market guy.
No, no, that's going to be on Friday at three.
Have you been using the website?
No, it gets better and better.
It's pretty good.
Yeah, I've been busy and actually my mother-in-law
had her appendicitis over the weekend.
She had her appendix removed.
My wife's been gone.
I've been watching the kids and I've just been.
I haven't had a chance to sit down and do it.
Yeah, because they. But yeah, no, I.
Yeah, there's a did you see that Moonbird sold for 18 Litecoin?
That was more than that.
That was like 70 something.
No, that wasn't like one on sale for like four grand.
No, the Punk 54 was the 39 Litecoin.
And I don't know. Oh, yeah.
Yeah, that's awesome.
Hey, I'm not going to say I don't know who the chicken market is, honestly.
I have no idea.
But I know I sat in these spaces six weeks ago.
It was like, this is fucking ridiculous.
Why don't we have a. True.
There's dog market.
Why don't we have? True.
Just copy and somebody took that.
I'm hoping it's somebody in this room that took it and did it
because I'm like, it's good to see it, dude.
It functions and people in work were actually I'm actually I'm not.
I wasn't excited about this stuff, but now that it's in Litecoin
and they have an actual website, it's really good.
I'm excited. It's kind of fun.
You know, it's just it's just good, clean, fun.
You know, and I told a sad frog or if he's in here, 84 is enough.
I'm going to. I mean, I think I'm going to buy a couple more of those.
I think I'm an 80. I'm a sad frog maximalist.
I'm going to get some of this swag.
Support the support the Litecoin underground people, you know.
Yeah, no, that makes sense.
I have one.
But the thing is that I was going to ask the guy a question
because I don't know how to
something about something about the wallets.
And I need to convert
or change the address or something like that to some other
L2C1 or something like that.
So I wanted I wanted to ask him
what I thought he was going to be in today.
No, like I said, he's I don't know where he is, but one of
my communication with him, he's
this is not a good time for him.
So I don't know if that means he's over in
Europe or what afternoon seems to be right.
So I got time on Friday.
It'll be recorded.
And I know there's the Litecoin Foundation is doing something at two
with the guy who was in here a few weeks ago, the doctor or something.
Remember that guy?
The basic, basic decks, basic swap deck, basic that's what he was in here.
You know, I don't know.
He's doing a spaces with those guys on Friday at two.
So mine will be just right after that.
That was just kind of coincidental. So.
Yeah. Pop it off, pop it off.
And then on top of that, now Magic Eden is putting Dojianals
or whatever on Magic Eden.
So now we got to keep.
It'll be it'll be fun to watch this volume pick up.
I even saw somebody today.
I mean, somebody who I think might be in here or that I think he's Uncle J
or whatever he says would mess around, do a lot of Bitcoin stuff.
And he was like, I've been using Litecoin and Dojcoin ordinals.
I don't want to, you know, it's not only the money, it's the time
waiting for things to happen, you know.
So I think that's a good it's a good thing.
We got a good, a good marketplace.
And there's other ones, too, right?
Ordinals dot fun or something like that.
And then Masters got his thing.
Light versus still.
It's funny now, because now that now that I'm going back into the website,
I'm picking on it and it's not working.
What's the other one like?
And what's the original one?
What's Masters one he's got?
I don't know which one he has.
Light versus the wallet. Right.
No, light versus the marketplace.
And there's light scribe is the one correct that you're right.
I've not been I don't know.
Like I said, I've barely been online.
That stuff lately, so.
Well, anyway, so
Litecoin family, are you back, bro?
I got Litecoin family and then opium doge.
What's up, like my family?
Yeah, hi. How are you?
Good. Do you just come up and you don't have anything to say?
Well, no, I'd like to let other people talk.
I don't know. I don't feel like I know what to say, really.
I want you. Why do you request to speak?
I don't understand that.
Well, just in case there's an issue, I want to jump in and say something.
Oh, OK. All right.
Yeah. Can I can I ask you?
You said like last week, remember you said
we're all just writing blank checks to each other.
Do you remember?
Yeah. Do you recall saying that?
Oh, not at all.
Last week wasn't recorded, so I don't know.
Maybe it was like two weeks ago or a week ago.
Well, I was writing blank checks to each other.
I don't I don't remember that, but OK.
About what? I won't I won't deny it.
It sounds like I might say something crazy like that.
Oh, that's not that crazy.
I don't know. I thought it was pretty true and intelligent.
I mean, yeah, it's just everybody's just leveraging debt.
You know, I mean, how much debt are you grant?
Can I ask you that?
Well, you know, wealth is a measure of assets minus wealth.
That's minus liabilities.
You should actually have some.
Can you just answer the question?
Well, there's a very personal question.
I mean, that's a very weird question to ask somebody.
But I mean, the fans are here.
If you go into debt to buy a hard asset,
I don't think that's a bad thing, you know?
I don't even look at that as debt, honestly.
Like if I borrow one hundred thousand dollars,
but I buy one hundred thousand dollars of gold.
With it, am I really like, you know, I'm not.
Is there a little bit of risk there?
Sure, but it's not like I use it just to go on vacation
or to buy groceries or to like, you know, buy something
that's not going to have a
a value on the other side.
Like I can't go liquidated at some point in time.
I mean, even a car is not bad.
It's not great, but it's not bad.
You know, yeah, I feel like you can't.
It's very hard to liquidate anything.
Talking about selling something.
I don't know.
I feel like it's very difficult to sell things now.
Yeah, when you're in the crypto world and you're like, oh,
I'll just remember when I first got crypto, my dad's like,
well, what do you do with it?
Like, where can you sell it?
Where can you like, how do you sell it?
I'm like, I don't know.
You just go on a marketplace and sell it in like two seconds.
What do you mean?
There's no, there's zero friction, right?
Whatever half a percent or something.
Oh, thank God.
Hey, I was thinking, you know, I think you should, uh, like,
listen to Schultze, this guy Schultze.
I think you need to just sell your Litecoin and go all in a Bitcoin grant.
I think you need to get over this thing and this weird Litecoin thing
and maybe just move on.
You and Opium Doge and Schultze should have your own space together.
You know?
I just, I was just trolling.
I love you got the same thing to say every week.
You know, I, I appreciate it.
He's just, uh, you know, what I liked, what was funny is this week,
Schultze, we were in a little, a little bit of a comment section thing
and you didn't understand my point of like the bots, right?
I think we don't understand is there's like Bitcoin bots that are, they're
human beings, they think they're sentient beings, but they're bots.
Before we bring Schultze in, I do want to say that it, like, I don't know
if you made this point that the Bitcoin people always say, they say Bitcoin
instead of crypto, they always, when they're referencing it, they'll always,
they just reference Bitcoin.
It's like, no, it's, uh, but they're just, uh, the Bitcoin.
What's the first, what's the first, uh, what's the first commandment?
Do you know?
Uh, no, I don't know.
Bitcoin's the only thing that exists.
You shall have no other gods before me.
The religions and cults rely on you must pay homage.
You must be loyal to the one true God.
You know, you know, sailor, it's like people want one, you know, how he said,
Oh, there's only one, you're only doing one with whatever people want.
Like an easy one decision.
It's the best decision.
And that's what life, then they're happy.
And it's like, you know,
It's simple.
I agree with that.
They, one is simple.
One is the simplest decision you can make.
So there's more to it than that.
They, they can't, they can't accept any substitutes.
If, if people diverge from the one narrative, then they might
discover there's others.
And if they discover Bitcoin cash, you know, if people, if people
start moving Bitcoin cash, Maxi, I'm not, I'm not, I'm just, you know what?
I used to be a Bitcoin Maxi up until Bitcoin cash.
And then I kind of got disenchanted.
I realized the truth at that moment that Bitcoin wasn't the hardest
money in the world.
And in fact, it was vulnerable.
Um, the network isn't, isn't perfect.
Because of Bitcoin cash.
I think with Bitcoin, when people buy it, they don't, they have no
idea what they're even buying.
I think in my opinion, many cases, like I was listening to, there's like some
senators that have bought Bitcoin or whatever, and I'm sure there's all
sorts of people that buy Bitcoin.
I'd say, I doubt many people who buy it even know what the hell it is
or how to use it really.
I mean, they might have some rough idea, but I mean, I wonder how many
people have bought Bitcoin that have even transacted and at once, you know,
there's probably people that have bought it and never transacted.
Or not, but like, yeah, people aren't using this shit.
Um, not unless I have to, I'm sure the ones that did use it probably use
it to pay the truckers or to buy drugs on the, on the silk road.
And I'm sure a lot of people got fucked that way, but peer to peer people,
like at these prices, people don't want to part with their, with their crypto,
with their Lycon, with their doge, with their Bitcoin.
They don't, they know the value in the future.
Their, their assets will increase in value.
It's just a matter of time.
And it's the only hedge that because people, and she also referred to this in a
couple of his posts recently, but like people are aware of the risks of
hyperinflation, uh, and fiat domination.
So, dude, how many times has happened?
Literally you order right before the ticket.
No, it's not.
It's ticket wins.
And he's probably eating a poutine up there.
French fries and gravy.
No, there's, I think the simplification, you're right.
Like coin family, that is one of the reasons why I think it, it
resonates with people, right?
It doesn't require any complex thought.
So, um, my, the thing I think that is different, like gold is similar to Bitcoin
and that the vast majority of gold's value is in the fact that you believe
other people will buy it from you.
Like the utility argument, very little of gold is actually used.
Just like very little Bitcoin is actually used.
Um, and I just think that, you know, maybe that is what people want.
They just want something that we all agree on.
This thing is going to have value because other people are going to value it.
I just feel like that narrative falls apart at some point.
That if there's truly nobody using it or it's just trading and gambling
on it, then I don't know.
Cause everybody has a value to it.
Even people were like, Oh, a million dollars.
They're planning on trading it for something else.
You know, they, they see it as a temporary play.
I don't know about you guys, but I, I sleep better at night knowing that there
is a backup, um, to the financial system.
I really do.
Cause that, and like, um, a challenge to the current guard, right?
Like senators, man, did you guys see this, uh, recently, Lindsey Graham was
out like, you know, calling or rather saying that we needed to send, you know,
what was we need to send, uh, eight to Ukraine.
Cause you know, the path to peace was sending like weapons to Ukraine.
Like this is how we achieve pieces by war.
This is like straight out of 1984.
You know, from the ministry of peace, war is peace.
This is what the guy was saying.
That fucking scares the shit out of me.
These guys are fucking psychotic.
They're, they're fucked in the head and there are leaders.
I mean, your leaders, my leaders aren't much better, but like they're
more followers of anything, but, um, it's fucked up.
And frankly, I, I don't know.
I don't want to be a part of it.
And if, you know, investing in Bitcoin or Litecoin or Dogecoin, uh, removes me
from their equation somehow, and even if in a small way, you know, whatever.
I just, yeah, we're living in a fucking site up, man.
Like, I just want this fucking nightmare to end.
Yeah, I, I hear what you're saying.
It's a, it's hard to hear these here, like the illogical, yeah.
1984 is a good example where it's like, I think we've all gotten to the point
where politicians know, they know that we know, right?
We know the game is rigged.
We know the media is in their pocket.
This isn't a free press society.
Like there's not these, it's not like back in the whatever 1900s where there
were these, uh, what'd they call those guys?
Mud, mud rakers, right?
They were out finding the problems and reporting on them.
It's all, it all feels fixed.
They know it.
We know it.
They know that we know, we know that we, we know that they know that we know.
And yet there's like nothing.
They just know there's nothing we can do about it.
That's right.
So Mark Mario had a space today and, uh, it was that James O'Keefe guy.
And he broke that story today.
It's going to be going on tomorrow too.
But, uh, basically I didn't see it when I heard, I heard the pre-announcement.
What was the, uh, story?
So, uh, Charles Krager, I think is his name.
And he is a white house staffer who basically is in like, he's
not a technical, um, cybersecurity guy, but he's like, uh, I guess, uh, like the
front man for the cybersecurity teams, like to the white house in general.
And, and basically he was kind of spilling the beans and he really didn't
give a lot of like great beans, you know, but he had a few, but basically he was
just saying like, yeah, the, you know, all the people in the white house know
that Biden's probably got dementia and he's probably not doing too good, probably
not great at making decisions and, but yeah, he's running for president again.
And, um, that that they want to get rid of Kamala Harris, but they can't
because she's black, but, uh, you know, nobody likes her.
And the only reason that they chose her to begin with was, you know, to get a lot
of extra votes from, you know, blue States, if you will.
And, uh, you know, it was just craziness.
And, and like at the end, I mean, there was, there was a lot more, you should
go check out the video, but at the end, you know, he's like, so, uh, so you're
the head of like cybersecurity and like, he's like, you know, what, what do you
think about me right now sitting in front of you and getting all this
information from you, you know, like, you know, and the guy's like, well, what
do you mean?
And he's like, you know, I'm James O'Keefe, uh, head of project Veritas.
And he's like, yeah, I've heard of those guys.
And he's like, yeah, well, uh, you're being recorded right now.
This whole conversation has been recorded.
You're on camera.
And, you know, he, at first he didn't really react for a while.
He finally gets up and leaves, but, uh, you know, James O'Keefe today was talking
about like, you know, this is, this is our weapon against them.
One of our weapons against them is the fact that we can all be
citizen journalists and, and, you know, basically go pick their government
apart until like they start falling.
And it's true.
Uh, you know, I mean, as long as you're not blackmailing or breaking the law,
you can go after all these guys as much as you want.
And, you know, they had a lot of other guests on to today, citizen
journalists that were like two guys had, they flew to South, uh, South America
and basically like followed a bunch of immigrants, um, like all the way through,
like from South America, all the way through to the border and ended up
getting kidnapped in Mexico.
And that was an interesting story too.
But I think that the main thing is like more of us do need to be
citizen journalists and, uh, we, we have a platform now, you know, here right now.
And, uh, that it, the old guard media, like they're going to start fading
into the, to the darkness because they just report whatever they're told to report.
You know, right.
Everybody knows it's just fake.
It's like, it's like Fiat journalism, right?
It's just fabricated.
It's, it has no real meaning.
There's no genuine truth going on.
So it's, you know, I had a theory about that, man.
Like with, with the advent of the internet, I feel like these guys have
been losing, um, market share to, you know, online, uh, journalism.
And I think that they're getting really, um, really threatened by it.
And I was talking about girlfriend about this cause I'm like, yo, how can, like,
how can we have such a, this, it's like a civil war between the left and the right
now it's ridiculous.
And I really feel like these two major, uh, I guess media sides, like the Fox
and who's in CNN, they're playing off of each other and I, like, I was telling you,
like, I'm sure they're just causing drama and stirring the, like causing this
divisiveness between the population to generate more views.
Like I, it feels artificial, man.
Like if it feels like they're playing with us because they know that they're
losing that they're going to lose it.
That they're going to run out of cash and they're going to have to go bankrupt.
Um, it feels like a desperate attempt to like, like hold onto power for
like one more, one more year.
You know?
Uh, so the guy who was the lions game after the lions game, we started talking
about politics and he's a pretty conservative dude and I'm like, I'm just
not voting for either of them.
Like, I just think we need to have enough people.
If we can get 15% of people just to vote for fucking anybody else, just to like
start letting them know we're not going to fall in line left or right.
And he's like, no, dude, you can't, but what are you gonna do?
If you you're wasting your vote, right?
You're just going to let, let them vote Biden in.
Cause he hates Biden.
And I'm like, it doesn't, like, do you not see it?
Doesn't matter.
Like you're just playing into the game.
So the stuff with like, if it's abortion or it's transgender rights or it's gun
rights, it's all these topics just to keep you bickering, you know what I'm saying?
Like, and not go instead of should it be left or should it be right?
We should be asking ourselves, should it be government control at all?
That should be the first question.
Should this be something that is any of the government's business at all?
And for the most part, 90% of things, it's an absolute easy.
No, there's some things we could probably talk about and, uh, that might be gray
areas, but I think, and shit, at least like 50%, like in Argentina, you could
just wipe out 50% of government programs and be better off.
All right.
The Rand you popped up.
You must have something to say.
Um, yes, I love this space.
Uh, they are trying to pit everybody against everybody and we cannot do this.
What's happening in Europe is it's not like civil war in America.
This is like, this is the people against the government and the government can't
see it, but they're going to, this is not a civil war or in Europe.
But this is the revolution against the weft, the governments, and
most people can't see it.
They want you to think it's black, white, this, that brand.
Distraction.
This is against government and it's worldwide right now and
they don't even show it in America.
Oh, oh my gosh.
Thank you, sir.
They're burning roads in France.
I mean, like we hadn't gotten to that point yet in America.
We got 700,000 truckers going there, but we're not even burning roads yet.
Man, the French know how to do it, man.
We haven't even shot ship on government buildings yet in America.
It's, it's coming though.
We had so inspirational.
The thing is like we're in, if you were like to equate this to like the old
London, right, you'd have the King and all his nights and everything in England.
And all that wealth and opulence soaks up to the, to London.
People in London love the system.
We're kind of the people in London, United States.
We are the biggest beneficiaries of this fucking crazy system that the
dollar has spread throughout the world.
It's the people at the edges of that, that are getting, that are
going to be the first ones to go, no, fuck this system.
Those are the ones that are the first ones to stand up who get hurt by it.
So I think we're losing the ability to enforce our will though, which
is why I think tether is a big weapon for the United States.
I think they like it.
I think it's a very good thing for them to spread the dollar outside the US.
All right.
Oh, are you waving opinion?
I was hoping to ask a different question for a different subject if that's all right.
Unless anybody wants to pile on the rant.
Can I, can I just say they don't control tether though?
So it's like, not a, not, no, but it spreads the dollar.
It spreads the, the utility, like the users, it increases the user base of the dollar.
It kills other currencies, right?
So I'm in a country, if I have a choice and I pick the dollar, then I'm
opting out of my local currency and it kind of, it's like, I think of it as a way.
Again, this could be, this is just my feeling.
I'm not an economist.
It's like, it's like a way of colonizing a country without having to colonize them.
You control their money.
I agree with that.
All right.
Now you can opium.
I'm going to call you opium doge forever.
Don't worry about it.
Uh, I wanted to ask about the ord, ordinals actually.
And I was curious to know, like, do those ordinals actually affect the
fundability of, uh, for example, a Litecoin, if you inscribe something to it.
I was just curious about that.
I was big chief was in here.
Um, well, I don't, I'm Shane.
The coins aren't really that fungible as this.
Litecoin, dogecoin, Bitcoin are all not fungible.
Um, they're trackable, right?
Now in M web, they are fungible.
And do you remember, um, Kyle did an M web transaction with an ordinal and he
apparently got it back, like he sent an ordinal to M web and he pegged it out
and the ordinal was still there.
So I don't know if that was a one-off probably, but what if someone else
can repeat that?
I don't know.
Indigo is going a hundred.
It's, I think it's a one-off.
You know that I vaguely remember him doing that, but indigo, if you have
info, come up on that one.
That sounds like somebody using M web.
Like if they have an inscription or something like that on a coin, and then
you see it come out to his other address on the other end, like that
might be a form of tracking.
I don't know.
I'm not sure.
So the, the inscriptions are linked to a specific Satoshi from my understanding.
And again, somebody thick, correct me on this from wrong.
So that Satoshi is always in, it's always on the blockchain, right?
It's always somewhere.
So let's call this, we'll just say this is Satoshi number one, two, three, four.
And if I move it onto M web, it's there, but it can come back to the
machine and it's still the same Satoshi it was when it started.
So if I'm interpreting the data and I have an ordinal that has a number to it.
Again, ordinal number 5,000.
I should be able to find that Satoshi and interpret the data in that transaction.
I think from what I'm understanding ordinals, just ordinals is just
like an interpretation device.
Like, it's like ordinals, when people are creating these things, they're
speaking in a different language and you have to have software to interpret the data.
And that's what gives you the picture.
Yeah, yeah, that makes sense.
Um, also second question, uh,
and so real quick, that, that original transaction that never goes away.
It's always on the blockchain.
So if you bring that same Satoshi back, it'll still refer to the original data.
As far as I understand in indigo, you can tell me what, if I'm wrong.
Um, second question I had probably be, so that would make some Litecoin or Satoshi
more valuable than other Satoshi's because there's an expensive, um, ordinal tied to
that, like, wouldn't that be a problem in the future of like every single Satoshi had
like a picture attached to it like that?
Um, I don't know if every single one, maybe.
Well, big, big chief says some of that today or not.
Big chief.
He said something like he goes, every, every single Satoshi and Dogecoin will
have a picture attached to it in the future.
I think he was just, you know, making a statement, but ultimately it doesn't
mean every single one of them will have value.
So it can happen that way, but just because there's a picture doesn't change the value
of the Satoshi it's subjective to the user.
That's, that's, I guess that's true.
But like, if you like it and I don't think you need, you don't need to
inscribe it to track it properly.
Like they're, they're, they're, uh, not fungible to begin with.
So you'll be able to always trace it back.
Even if it goes through M web, like that's a Toshi, you'll be able to see, okay, at
some point it did go to M web.
Uh, and then you'll be able to trace back its links to beforehand, you'll be able
to tie it to an individual necessarily, but, um, you'll be able to see where it
originated from.
And that's the key is that you don't know where it when it went into M web, when
it came out, you don't know who owned it and there's, there's not that link
ability between the two and inside of M web, the key is that like, if you have
money in your M web wallet, other people can't see your balances, right?
There's a, there's a little bit of privacy to that.
So today, if you have a Dogecoin wallet and you send me coins, I can see how many
coins are in the wallet you sent it to me from and same with Bitcoin, same with
Litecoin, you can't do that in the M web.
Um, real quick.
Next question.
Uh, say, for example, I feel like I'm being interrogated, the problem is I usually
prepare these questions in advance because I like, I like hearing from you
Litecoin guys, it's always a pleasure.
And I learned more, I think here than some Dogecoin space because you guys are so
technical, but, uh, um, I want to ask them like, say something like board
chick, chick Coon yak club, you know, takes off whatever on Litecoin.
Uh, if I spent that Litecoin, would I be able to ask for a discount because I have
a board chick Coon yak club, uh, ordinal, I would like, could that happen in the
It depends on who the other side is.
I guess that's who your customer is.
Value is subjective, man.
So a lot of people will be like, I don't give a fuck what's on your stupid
Satoshi's to send them back.
Or you could sell them on a marketplace and take the un-ordinaled coins and
send, and spend them, it's like a gold, it's okay, again, take gold, you can
have a little gold bar or you can have a gold Eagle, it's like a one ounce gold
Eagle in the U S you can have a one ounce gold maple leaf from Canada, I think
they can have a one ounce gold Eagle in the US, you can have a one ounce gold
leaf from Canada, I think they got cougarans or they're called down in
Australia.
Generally they're all considered pretty high value, but you might have a one
ounce gold coin.
That's like, I don't know, not denominate.
Maybe some, like some guy stamped at one ounce in his garage.
It may still be gold, but it's not going to have the same value as one.
That's been minted at a government facility as a perception.
Well, value is subjective, right?
Yeah, value is subjective.
All right, the Randi, go ahead, you're raising your hand.
Yeah, okay, so here's what we, okay, so if I get the right original Bitcoin, first
transaction, but after that, the second transaction is different, it's kind of
like gold and silver, like you can have an Eagle or you can have a, just a generic
round, is there a difference between the original Bitcoin and the secondary
transaction?
I'm just asking for me.
Did, or did I miss that?
Like original Bitcoin is okay.
Or do you're going to get taxed on that?
Or the secondary transaction is not even involved with anybody who's controlling
You mean trackability?
I think so, because I think they track the original transaction, kind of like a
silver Eagle or a generic silver.
There is different value in the Bitcoin original or not.
That's what I'm asking.
Is there a different value in Bitcoin first transacted or anything that's been
spit off?
I just, should I compare it to an Eagle versus a generic?
I'm just, uh, do you mean like from the, like, like a mining reward Bitcoin?
Like the first, like the, I think I heard something.
The first original thing that went on Bitcoin is subject to oops, but the rest
is nobody can control it.
Not the sec, not anything, or I'm just asking, am I wrong on that?
Or, I don't know.
I don't think I understand what you're asking.
Does anybody else get that?
How, how, how can, how can somebody control your Bitcoin if you obtain it
without KYC?
So like, like no matter if it's second, third, fourth, 100 transactions, like how
is that controllable at that point?
See, I don't think it is.
I, it's not controllable.
They're going to try, but I think you're going to try the first original
transaction of every Bitcoin and then go from there.
But what, what, what, what, what benefit is that?
I mean, what does that do for them?
I mean, if you, if you obtain it without KYC, okay.
What, who, it's just, it's just, no, it's just.
Alphanumeric bullshit.
Well, I think there is, there's a danger there, right?
Like there, if you obtain your, your non KYC Bitcoin from say, uh, someone who
dealt with the silk silk road, right.
And then at some point this person gets busted and they seize his wallet and they
know his addresses and they see all the outputs, um, well, they'll be able to trace
that non KYC Bitcoin that you have or Litecoin back to that guy.
And then you might be getting a call from, uh, the FBI at some point.
Because that's why like for Bitcoin, you have stuff like Whirlpool, right?
Coin join and you have memo, wimble for Litecoin and you have Monero type shit.
All right.
There's, there's plausible deniability.
These analysis, uh, this is, uh, you know, this isn't, they're selling, they're
selling assumptions and, and to suggest that, so at some point in time, as this
continues on, there's going to be hands on illicit activity and you're going to,
you're going to ostracize how many hops, how many, how many hops is it going to
take away from that transaction to where you're good to go?
I mean, like it's, it's not even, I think it's, at some point the, the, like, no
matter how many hops you take, it'll hit an on ramp, like a fed on ramp, and then
they'll seize control of it and then they'll make it okay.
Like, unfortunately I'm not, I'm not like in charge of this stuff, right?
Like, but I, I see that as being the answer.
Like all, all the coins that the fed sees from the silk road, they're not
actually auctioning them off and now that they've been auctioned off by, you
know, the, the feds, they're, uh, they're clean again, right?
I mean, look, the, the, the kind of, the thing is, is that, you know, white
paper ethos, I talk about it all the time.
I mean, it's like not transacting on the on-ramps or off-ramps, right?
Like if you're, if your objective is to obtain this as, as an investment and
you're planning to sell it for Fiat, then you might, you might as well just, just,
you know, KYC you're, you're, you know, because your tax, you know, you're
going to have to report taxes X, Y, and Z.
But, but if you're a no KYC and opt out individual, um, you know, your, your
motive of action is, is to transact on, uh, you know, a parallel system, right?
So, I mean, like you, you, you, you really shouldn't be going back in to
traditional finance, uh, you know, if, if you're obtaining it in, in, in the
way that it was created, you know, synonymous, anonymous, et cetera, right?
But, but with that being said, I mean, for these, for these, for these
governments and these, these finance financial institutions, you know, like
they're going to have to be reasonable and say like, well, how many hops away
from X activity is, you know, within, uh, being, being able to scrutinize it.
Because, I mean, you're, you're going to have like complete innocent
individuals that are going to be up Schitt's Creek that have nothing
to do with anything, you know?
Um, so I mean, I think it's just, it's just a big circle jerk and it's a
fallacy, bunch of nonsense, to be quite honest.
Well, you know, it's funny you said about the, the KYC stuff.
Cause I had a buddy, I said this last week, I was trying to help him with his ledger.
He's going back tomorrow because he had to update the firmware.
And it was like, it was a fucking hassle.
Every time with this ledger, it's a pain.
And he's, he's like, what you're talking about meta, he's like constantly
so paranoid about like, well, if I spend the money, it's a taxable, then I
don't know what the day is.
I bought it and what was the price I bought it.
I got a report that I'm like, dude, as long as you're like generally close,
they're not going to bust your ass for a hundred dollars here and there.
But he's so paranoid about it.
And then this ledger thing started screwing up.
He's like, I'm just going to put on Coinbase.
I'm done with it.
I just don't want to, I don't want to worry about it anymore.
They keep track of my records.
And I'm like, you know what?
Honestly, I can't argue with you.
Like if you only hear cause you're waiting to sell it at some point in time,
then that's probably the way you should go.
Like if I'm giving you honest advice, right?
It's not what I'm doing, but I'm not gonna, you know, I'm not gonna hate on that.
And I want to use the fungibility thing.
I think like a good equation, a good analogy would be like, if every
time you touched a coin, you put your fingerprint on it, you know, if that
coin gets passed around a lot and there's 500 fingerprints on it, it's going
to be a lot harder to track to one fingerprint or to say anybody, any
single person is responsible.
And so a coin join is like everybody who puts their coins in adds all the
fingerprints that have ever, ever touched that coin.
And those coins come out with all those fingerprints on them.
Same thing with M web.
It's like, once it goes in there, anybody who's put anything in there ever, all
those fingerprints get added and it just makes it really hard to detangle.
So it doesn't like, it doesn't clean them, but it makes them so twisted.
There's no way to filter anything out.
I mean, it's, it's the, the concept of taking a bar of gold from 10
individuals, a bar each, right.
Smelting it down into one big puddle of, of gold and then, and then
divvying it back up into 10 bars.
I mean, like good luck.
So I I'm fairly technical in this, in this area.
And, you know, I, I'm, I can't tell you what to do yourself.
Like everybody has to make their own decisions, but I mean, you can use UTXO
management and basically wash your, mix your own coins.
Now the, the best way to do it is to like, uh, maybe buy some random hundred
dollar or 500, depends on how much you're mixing, right?
But buy some coins from somewhere else that are like not your coins and, and
have them in your wallet and then you mix your UTXOs together.
But again, like you have to know like kind of what you're doing security
wise, because once you send that new coin out, like if it's tied to your IP
address and the coins that you sent in is tied to your IP address and they can
say, Oh, well it's about this much.
And that's how much was sent in.
That's how much was sent out.
Like, you know, we, we suspect you washed your coins or whatever.
And so you kind of got to watch out for that because that is a thing.
Uh, if you're, if you're running your own node and you're washing the
coins on your own node, uh, and you're encrypting that node data out from
there, then yeah, that's not so much of a problem, but, uh, UTXO
How do you do it?
So let's say I've got, I own, um, I don't know.
I have a, let's use like mine.
So the values are less.
I've got five UTXOs that are valued at one, two, three, four, and five Litecoin.
And those are all KYC.
How are you saying I mix those to produce something that's not connected
to those original addresses?
If you're running your own wallet, then you create a new wallet
address on your node and, uh, you submit that transaction on your node.
And then sure, it gets confirmations from other nodes, but you're not actually,
uh, pushing that transaction to a node out there on the internet from
your wallet, IP address.
You see what I'm saying?
What, what, okay.
I mean, you would, you would want to potentially, right.
Wink, wink, use like a VPN or Tor.
I would, I would say, right.
No, you don't, you don't have to.
If you're, if you're running your own node, you don't have to.
But if you're not running your own node, then you would need to use a VPN.
And still that's, that's going to be potentially a situation too.
But how does that, how does that detangle the ad?
I don't understand how that, how does that coin join the addresses or whatever?
Cause they all, they're all going to go into, because even if it's my own
node, all of their nodes have to validate the movement of these coins.
That's correct.
Yeah, but that new wallet is that new address is anonymous.
So, I mean, who, who you're sending these KYC coins to this other wallet.
And then just send it to yourself.
I can understand that.
But, but those, but those UTXOs don't change, do they?
Because they get combined in a transaction.
They get combined in a transaction and then you send that transaction
to another address.
And then you have to be careful not to ever use that with anything
else that's linked to your original UTXOs.
That's correct.
There's some good instructions on the internet.
If, if, if you wanted to do that, I mean, it's not impossible.
I, again, like I, I question why anybody's really wanting to do that.
I mean, if you're doing, if you're, if you're getting some illegal
coins from somebody else, sure.
You're going to want to do it.
But again, you're when, when you know that you're doing that, like you're
putting yourself at risk in the first place.
So, but I'm just telling you that it is possible to do.
Why, why, why should anybody have a view into your, your financial status though?
Like, I mean, like to KYC into this.
And for somebody to be able to see your balances, right?
I mean, like that's one of the main, the main things is, is financial
privacy, right, to be able to do whatever you want with your coins.
I mean, like this, this concept of there's a listed activity or someone
with something to hide, it's just like, nah, it's, it's your own fucking shit.
Well, I, I agree.
You know, the whole world don't need to know.
I agree with that.
You, you got a legitimate concern there.
Like if, if you got KYC coins and you are just trying to stay private
with your, your wallet balance, that's, that's a, that's a legitimate reason.
For sure.
I mean, just imagine if you're, if you're a company, like, and if a company
wants to get involved in this, like there's no way that you would want your
competitors that to, to know your financial situation, you know what I mean?
Like I would be shocked if these motherfuckers aren't, you know, you know,
coin joining their asses off, you know, if this ever got to that point.
I mean, it's just a liability.
I think, I think companies would use something like Kraken or Coinbase, and
then just export the coins to no normal wallet to clean their tracks.
Cause they're only, they're only concerned about the, you know, the
competitors, if anything, not the government.
But yeah, I think definitely the, the, the fact that it's so easy and trivial
for the government to look back in time on the blockchain, um, I think
is why they're starting to soften up to it.
Why we now have an ETF.
Why they're not clamping down on it harder because, you know, as, as, you
know, humans, it's a human and fuck.
We just saw that guy, uh, yesterday, right?
Who was it?
He had some ransomware in a, in a clinic or mental hospital or something.
And like, he was able to extort all these patients for Bitcoin and this idiot
fucking apparently switched it to Monero and then without obfuscating the balance
using the same amount, the same value of Monero switch it back to Bitcoin and
put the exchange, she got busted.
And that that's the kind of stuff that, um, the, that appeals to them, you
know, being able to catch, uh, dumb criminals, um, it makes it very easy.
And to do, to do something like that.
I mean, I guess it is possible, but it does take some know-how.
Um, and I'm surprised.
And this is the thing that kind of rubbed me the wrong way with this story.
This guy was a hacker and he managed to maybe, maybe it was easy just to, you
know, he was a script kitty and he downloaded some prebuilt, uh, ransomware
off of the darknet and just, you know, with the USB key infected one of the
computers, right at reception or something.
Um, maybe he was a maintenance guy, who knows.
And he didn't understand that they can, they can see the value and
trace the value of, of, of the coins, no matter which coin they are and follow
that, uh, that breadcrumb trail.
I look at that and I go, this just feels like a planted story.
Like if you're going to all that trouble and you can't, you know,
break up your transactions, it seems like it was things where there's
putting it out there like, Oh, don't try to community crime with Bitcoin
because we're going to catch you.
Don't come in any crime with Monero.
Cause we'll catch you.
Uh, the fact that they didn't disclose how they did it and they left it to
our imagination, right?
Suspicious.
Sus, as the kids say, if I, if I can ask, I guess it's shulsey, what, what's the,
what's the benefit of UTX management as far as gaining, I don't even want to call
it washing or, or, you know, wandering or whatever, cause this is just, this is
just a normal activity as far as I'm concerned, but what's the benefit of UTX
management over doing something like coin joint or a mimble wimble?
Well, so if you're doing it yourself, you're not going to pay as high of a fee.
And, uh, again, like I'm, I'm sure those, those mixing services, their
IPs and transactions are definitely getting tracked, right?
And a lot of people don't realize it's not that hard to do on your own.
And, and, uh, so just to make you familiar with it, it's UT, UTXO.
And that's an unspent transaction output.
Um, so that's, um, so there's files on, on your node or in your wallets.
Called UTXOs.
And so if I send you one Bitcoin and then you get one Bitcoin from somebody else,
you've got you two UTXOs on in your wallet or on your node, however you want to say
it, if you spend half of a Bitcoin to, you know, when you send to somebody else,
then you still have you two UTXOs.
You got a, a one Bitcoin UTXO and a 0.5 Bitcoin UTXO, right?
That's how that works.
And each UTXO is its own transaction and it pays its own transaction fee.
So if you have a wallet with a bunch of UTXOs, say you have like one Bitcoin in
your wallet, but it's made up of like 10 UTXOs, uh, and you know, one of the UTXOs
is nine Bitcoin, but the other fractions of a Bitcoin, you know, if you spend that
one fraction to Bitcoin, you're going to be paying, um, essentially like nine
transaction fees for it versus if you were to spend one of the nine Bitcoin
from a solid UTXO, you're only going to pay the one transaction fee.
So, I mean, it's, it's essentially, um, cost for the most part.
It is, it is.
I agree it like using a mixing service cause you're going to pay the transaction
fees, uh, or I'm going to say you're going to pay the transaction fee to send
like one or multiple UTXOs to the mixing service.
Then you're going to pay the mixing service for their work.
And then they're going to send you, uh, you know, one trend, one, one UTXO back
basically with, so you're going to pay that transaction fee too.
So, I mean, again, if you run your own node, you can forgo those costs.
But again, you know, it's not like your IP address isn't being tracked if you're sending
transactions in and out of it from an outside wallet.
And I would say there's, you know, some tracking going on, even if you're doing it
on your own node, because that node then has to broadcast that transaction out to all
the other nodes.
So, but it's, it's definitely less risky if you're doing it on your own node of being tracked.
So, so, so the, the node has its own isolated IP address, right?
That's not associated with, and I don't even know anymore because I use the VPN all the time, so
It's always different, but, but I mean, is that, is that right?
Like the, the, the node itself has its own IP address.
Is it static?
Can it change or what?
Do you know if, if it tracks, like the blockchain doesn't track it, there has to be
some kind of tracker out there, like other nodes to track them.
You know, I haven't done any packet sniffing on, on the traffic that my, my nodes send in
and out, but you know, you could certainly run, oh, what is it called?
You can run encryption to an onion router if you want.
So all of your IP address and data gets encrypted.
But I don't, I don't encrypt any of my nodes at this point, but I do see nodes out there
that, that are on the, oh, they're, they're using the onion router.
Isn't, isn't like, um, so you kind of want to be familiar with, um, and like, like
when I'm, I'm, I was flipping some wings, man.
It's not, it's not, honestly, this would sound like you had like, uh, this is in my
mind, sometimes you, like you have the theater of the mind.
It's not like you had a big bucket and you were like grinding like a, like a mortar and
You were just grinding the salt or something.
He's like, Oh, yeah.
So what, what I was going to say though, is, um, like, so the nodes, you kind of, you
kind of want to be aware of nodes because you want to be connected to reliable nodes.
I mean, is that, is that fair or, or, or, or does it like getting back to like, can
it be static or can they change?
Like, well, I guess you would want something to kind of be static because it's
saying, Hey, it's a reliable node, right?
For connecting peers.
You know, that's, that's a good question.
I mean, I don't have a static IP address, but, uh, I mean, I can also set, um, specific
IP addresses of nodes that I know have been online for a long time and are very
consistent.
Um, I, I, I can set their IP addresses.
So when I reboot my router, it always connects back to those what five or six
nodes, and then it'll connect to, you know, 15, 20, 30, sometimes of just random
nodes too, because they, they basically tell each other, uh, what IP addresses
are other known nodes near you.
I didn't understand this better.
This is because this isn't, this isn't making sense to me.
So if I have, like I mentioned earlier, one, two, three, four, five, I got five
UTXOs that's equals 15 and I want to create a one 15 Litecoin UTXO.
I hear you're saying I create a transaction.
I send 15 coins from all five of those you take and click coin control.
So I can take the five of them, send them to a new UTXO, but there's
nothing about that that's private.
That transaction is still broadcast to the network.
No, the point, the point of that, the point of that would be to consolidate
your UTXOs during a period of low fees.
Well, what's, what's the mixing?
What, what mixing is going on there?
I'm not understanding that.
No, there's no mixing that you're, that the mixing would take,
would take place with the coin joint.
Um, I'm not sure unless, unless I'm wrong, Scholte can correct me.
But like, uh, as far as I'm aware, uh, UTXO management is, is just that right.
Coin control is just UTXO management.
No, I think it was saying, comparing it to a coin joint, but
instead of, you know, interacting in a whirlpool, you know, you're doing
it yourself to gain that forward privacy.
Well, so you can, you can do the same thing that coin joint does on your own
Uh, but again, you have to, uh, you have to have some, um, basically some,
some clean UTXOs, right?
Like, so you want to cover your tracks and get away from KYC Bitcoin.
Then you, you're going to have to buy some non-KYC Bitcoin.
And, and also, you know, again, you're, you're mixing those UTXOs and you're
sending like combining UTXOs first, then sending them to another wallet and then
probably combining them with another UTXO again, and sending them to another
wallet and, and basically you're just, uh, they actually think we can end up
doing, I think what you did, I mean, you'd end up associating yourself with the
non KYC coins if you did that.
Cause what this is, this is what this, I learned this from David Burkett, cause
what you'd have is you'd have five UTXOs that are assigned to your name.
We know they're yours.
And then two more that gets sent alongside it in the same transaction.
Then obviously you own those two, those as well.
There'd be no doubt, right?
You sent them at the same time in the same transaction.
It's linkability, transaction linkability.
But, but what he's saying is at that point, when you send it to a, another
wallet, right, a, a, a non custodial wallet, who's the, who's the
recipient at that point, that's where it becomes obfuscated to some degree.
And I, I'm with you on that lens.
Like I think in my mind of the, a lot of the trackability stuff is, I think
it's bullshit to be honest with you.
Not saying that there's not an ability to track it, but that it would be really hard.
If people are using these things with any kind of volume to try to use that as any
sort of like reason to investigate a person, you know, you just be really sloppy
with shit and, uh, if you, if you were accused of a crime, I think they could
go back and track it, but I don't think just purely by looking at the blockchain,
they're going to start, uh, pinning people.
I think, I think you might be subpoenaed if say you buy a car with it from someone
and then they're like, Oh, and then you go and you spend that a Starbucks, right?
Then they'll be able to tie it to you.
They might subpoena you and be like, Hey, where'd you get these?
It's like, you need to tell us otherwise you're obstructing justice.
Like, so there's, there's that, um, yeah.
And at that point it would be up to the dealer to, to defend himself, um, the
dealer, the car.
Um, the dealer, the car.
So yeah, there, there is traceability there and yeah, you have to be careful
where you get your, your non-KYC crypto.
Um, because it does open, uh, it does open you up to that sort of thing.
I kind of disagree.
I'm saying, cause if you, if you mix, if you, if you do a coin joint or if you do
like a mimble wimble, I mean, like, like, dude, like it's no, no different than
getting fucking cash that was in some drug deal, like how the fuck can they
associate you with that?
You know what I mean?
Like, and, and, and with this, I mean, you can create additional, additional hops.
I mean, cash is definitely like, there's no digital trail, right?
I mean, so how many hands has this gotten from its original point?
But I mean, I'm just saying that obtaining KYC free crypto, uh, you
know, is, is the thing, right?
I mean, that's like why this was created.
Like you don't need a third party.
You know, you either you mine it yourself or you, uh, you sell things for it or you
transact in a peer to peer fashion.
And like, if we're sitting here worried, like I just, I just find it like it's just
hard to imagine that they can, they can pinpoint some shit like that.
Like, and the thing is, is like, I think like when you have, especially these days
when there are, there's much more expertise around this, uh, that somebody
that can step in and actually like call bullshit.
Uh, you know, these, these, these charges and these, you know, these assertions
crumble, you know, um, but you know, like if you have, you know, somebody that's
going in and they don't have any type of support, I guess whatsoever.
And, and the attorneys are throwing out this, that, and the other, and the judge
is just soaking it up and nobody's able to combat that, uh, with legitimate
math and reason, um, then yeah, you probably have an issue, but I mean, this
whole point of this thing is like, you're just fucking, you don't have to ask
for permission to get the shit, you know?
Um, and this is a digital experience.
Like, you know, how are you, how are you on the other end going to actually like
that note, know that for a hundred percent certainty that this wasn't used
in some, some type of transaction.
To answer that, I believe in the future wallets will have built in blacklisted
coins and when you get a transaction, it'll automatically be flagged, right?
Once, once those coins reach your wallet, because it will, it will be, it will
become a problem and developers will have to address it.
Well, those, those, those that, that are bending the knee and, and, and
participating in the existing system, but, you know, the litany of, of, of
developers that have the cypher punk, you know, uh, attitude and that believe
in this aren't going to, aren't going to do that shit.
Um, there's always, there's always going to be a place for this, uh,
whether they like it or not.
Well, that's the way that's crazy.
Like you'd be in order to make that happen, you'd have to have a few banks
start to accumulate all the coins and then incorporate all the miners.
What do you mean with, with institutional Bitcoin miners that we have today?
I mean, there'd be white market Bitcoin adoption.
That's interchangeable with the U S dollar and only licensed dealers
would be able to send and receive it.
That's crazy.
That's not happening, is it?
I think you bought it.
I tell you, bro.
When fucking the, the biggest hypocrite is fucking, uh, Jack mallers.
And he's like, I'm Bitcoin only.
It's like broke your foot.
All you advertise is send dollars all over the world.
You love the dollar.
Shut the fuck up.
All right.
Uh, blind date.
What's going on, man?
It's been a while.
I haven't talked to you in quite some time.
Good evening.
Long time listener.
First time caller, no, I'm just playing.
Do you realize this is the hundred and 20th week in a row?
I've done this.
I'm starting to think I'm a sane person.
Congratulations.
But what is normal, right?
Um, not this, but I, I, I do have a legitimate like coin question for my own
bags, right?
So like as of recent with, uh, the treasure and ledger hacks or whatever
you may want to call them, um, how do I find a paper wallet, like of old,
where back in the day we used to move a mouse around offline and just be able
to print, I don't know, I used to print a hundred different wallets of other
blockchains, where can I find that?
Like I said, to, to eliminate that third party risk, because I feel you on, on
your friend with the ledger and the updates and the firmware and all that,
that is such an annoying task.
And, and then the third party of even ledger live.
Um, so, I mean, for longterm storage and just like my daily cost or my
dollar cost average, uh, monthly cost average rather into crypto, um, just
to, you know, be able to purchase Litecoin from say Gemini and just to store
it in a paper wallet, is there a paper wallet site that I can go to and then
unplug the ethernet and move the mouse around to then print out those wallets?
Does that still exist?
I think it does.
I think it does.
So like nine months ago, you know, hardware wallets are kind of gimmicks,
aren't they?
I mean, if you're, if whatever chain you're using, if you're using, I mean, I
think Litecoin has a 12 or 20 word seed phrase, correct?
It's basically identical to Bitcoin.
So, so, I mean, if you've got that, you can download a wallet on your phone, send
the coins to that new wallet that you just created, or maybe it's the same one.
And then, you know, as long as you've got your 12 or 20 word seed phrase, you don't,
you don't need a paper wallet anymore.
It's virtually the same thing.
And then you just delete that wallet right off your phone and you
have a cold wallet again, a cold paper wallet.
So, you know, hardware wallets are kind of gimmicks.
And, uh, you know, I, I just came up with that like nine months ago.
So if I'm wrong, please let me know if I am.
The only reason I would have a hardware wall is if I had like
multiple, multiple keys to manage.
The only reason why I really have a hardware wallet is for like old
Ethereum and ERC 20 tokens that are easier to use ledger live for, but as
far as other coins, like say Litecoin or Bitcoin or Digi-Bite or Doge or whatever.
Um, even Dash, you know, I, I, I, instead of using like a BIP 39 or whatever it
was that enacted the 12 and 24 word seed phrase.
I mean, in a day coming up of, you know, right now it may just be pie in the sky,
but of quantum computing, uh, to be able to figure out a few different words.
And to me, I would, I don't know, at times I would much rather a double
laminated piece of paper with a public and a private QR code with the
address printed on it.
Well, the QR code is just an interpretation of an address, which is
just an, which the words are an interpretation of it.
There's no difference between a QR code and words or an address.
But the QR code makes it easier.
I mean, to just scan, uh, to foot like from, for me, it's all, for me, it's all
control C to copy control V to paste.
I mean, I use key functions because of my visual impairment.
Um, you know, that, that I learned crypto was through assistive technology.
So, but I don't know, I just, I, I, I'm questioning myself with, you know,
signing in to a computer that, that, and using ledger live for anything
other than ERC 20, um, I was just thinking of long-term storage just to,
you know, like if there was a website, if anyone does know of it, if you
could just DME that, that would be awesome.
It makes me want to bring back the idea we talked about a long, long
time ago, physical, physical Litecoin, you know, some bills that are embedded
with, um, kind of like, uh, open dimes, right?
Where in order to access the private key, you'd have to destroy it.
How much do you have a trusted, there's a trusted entity in that, but I think
there could be some real value there.
Done Litecoin core still have a paper wallet, right?
It's out there.
It's just like a Litecoin paper wallet.
As far as I know, again, I, I did that maybe nine months ago, but
it's hanging on my wall right now.
I have my paper wallet and paper wallet until this whole shit show goes down.
You need to hold your own keys and put them on a paper wallet.
And there's, there's physical Bitcoin and Litecoin and it's on a paper
wallet and you can actually hold it and hold your own keys.
This, this show will get really bad and then really good.
And you have to hold your own keys.
Sorry for interrupting.
Uh, also I think there's a, you can also choose the option to use multi-sig.
I think BitPays wallet app allows you to create multi-sig wallets for, uh,
Litecoin too.
I know it works with Dogecoin, I've tried it.
So you might want to consider that too.
Like there's, there's that option if you're, if you're looking around
and see what options you got, but I guess it's up to personal preference
and risk management.
I feel like I get confused between multi-sig.
Is multi-sig what you're talking about.
The one where it's like you have various keys in various locations.
So for example, uh, what up a speed frame or what are you talking about?
So for example, I have my phone, my computer and my tablet.
And so if I set up a multi-sig with all three, where I need the signatures
of two of these devices, each, uh, device will have their own seed phrase,
but it's only the only as partial, uh, powers.
Cause I've heard multi-sig and sometimes I'm thinking like that's what I think of it.
I'm wondering if there's another method that I'm not aware of.
Well, multi-sig is also a little bit more expensive or just forgot to mention that.
Yeah, it is.
And, uh, it can be, it can be very confusing.
If you have a wallet to do your multi-sig transactions for you, it's fine.
But, uh, you know, I, I know with Bitcoin, you have to know the derivation path.
And, uh, you know, it gets, it gets very technical, very fast.
If, if you've got an easy way to do that, and there are some wallets that will do
it for you, so you don't have, it doesn't have to be so complicated, but, um,
so you're talking about multi-sig, are you talking about like that?
Multiple people have to validate a transaction or for it to go through.
However you want to do it.
It's so it's a multiple private keys.
So you can have like a two or four.
So, so two of the four keys have to sign to make a transaction go, or you could do
like, I mean, these are two different things.
No opinions.
Opium doge is talking about is like, I personally split up my seed phrase so
that, um, I don't have like one vulnerability.
Like if one of them is compromised, the other two will allow me to retrieve it.
But the one compromised key will not enable that, uh, thief to take my coins, which is
like, uh, you're just, you're just, you have one key.
You're just dividing up among yourself in a way.
I don't really, I don't know about like an institution.
So what do you call that?
This is a language changes.
I hear, I hear both of them interchange the ran.
You're, you're not.
I, what do you call, I don't know, just dividing up your seems great.
I have a question.
Multi-seed multi-signature wallets.
So verity is him.
The 98 million coins are in a multi-sig wallet.
So nobody can unwrap verity is him unless Reggie and the government says, so I know
multi-sig wallets, multi-sig wallets.
You have to have all parties say, okay.
And when very teasing, everybody says, okay.
I don't know if anybody knows about very probably, but multi-sig
wallets, very teasing is on that.
And Reggie has to say, okay.
Yeah, this is, this is big, maybe not, I don't know, sorry.
What to release a bunch of coins.
Yeah, it's multi-sig wallet.
And there's 98 million tokens of verity is him and it's a multi-sig wallet.
The government and Reggie has to say, okay.
And they gave him the patent.
Verity is him.
They gave him the patent and he has to sign off.
And if it's okay, it's really good to go.
I listen, I got to tell you, there's a lot of things that you can do.
There's a lot of you guys, I don't know anything about verity is him.
I've heard of it.
I remember hearing about it seven years ago.
What is it supposed to do?
What's like, can I answer that?
That's what I asked you.
Reggie has the patent on DeFi.
Now, any coin that's associated with DeFi is subject to his patent.
Respect the IP.
And nobody respects the IP, but it's going to happen.
The government's going to come when all the shit goes down and there's no
double spending, they're going to come to Reggie and Verity is him.
What about everybody else?
So the internet's, it's permissionless network, dude.
How do you stop?
I mean, Uniswap, I just read today, Uniswap did as much volume as Coinbase.
I think they're covered in their raises IP and it's 2014.
And I know this is terrible to the DeFi world, but it's going to come to that.
They, they, they did not rule on Reggie's IP for like seven or 10 years.
And they let this whole big thing of DeFi grow and they're going to slam it.
They're going to be Mr.
Slammy on DeFi and they're going to say, okay, Reggie, you can do this.
It's going to be, it's going to be a shock and all moment on to DeFi.
I could be wrong, but I think it's going to be a shock and all moment.
I don't know who enforces that.
How do you, how do you enforce a now?
Well, well, who enforces IP internet protocol?
Jeff, Japan is given to you.
So intellectual property or internet protocols are two different IPs.
I would, I don't know.
And yeah, it's IP.
I don't know, but I know it's, I know.
No, you got to know what you're saying.
I know IP internet protocol.
How'd I guess?
Yeah, I know it's going to happen.
And you, everybody here should have at least one Veritasium token just
for, just for, um, um, Oh, what is it?
A random, like I want to do a lottery.
You got to have one at least one.
Just because everybody wants to have their own token, everything.
And it's all going to shake up.
Everything's going to shake.
You have to have at least one.
But even if this happens, even if this happens, it will, people, why would
people go use Veritasium you're saying that they're going to be forced it down.
The fog, they're going to be forced to defy networks.
So you're saying, yes, they, they allow you to grow and they're going to slam it.
Slammy, they will because they want to control everything.
How are they going to do?
Sorry, stop it.
How are you going to stop?
Can you stop Bitcoin?
Can you stop Bitcoin?
No, can government stop Veritasium when they give the, it doesn't matter.
I'm asking you, how are you going to stop the Uniswap and Solana and, uh, fuck
what else is out there?
Polymatic all the other 50 D five hours.
There's, yes, I know you can't.
There you, you won't, you won't stop them.
They will come in.
They will all come to Veritasium and say, how can we comply?
Am I, why, like, why would they do that?
They're going to be forced to buy who you just said you can't be stopped.
So why would the government, the government, they already give them.
This is, I know this.
I'm like out there, right?
I'm very easy.
I get it.
So the government has a, has a, a monopoly on printing money.
So why haven't they shut down Bitcoin?
They can't, they're going to, they're going to out print.
I don't understand what you're talking about.
How, how would they stop?
How do you stop?
I can, I can see one possibility, but it's, um, kind of extreme
outlier and that is if there was a, if there is a third world war and there
is a one winner and this one winner is now in charge of the world.
Uh, the government would be like a one world, uh, order, right?
Like if that happens somehow, then they would have a power over everyone.
And then they could potentially outlaw this tech.
And if you're found using it, they can, you know, jail you.
Well, then it uses, it loses all of its value at that point.
Then defy is pointless.
If the government controls all the internet, then the defy is pointless.
Bitcoin is pointless.
You might as well just use gold and silver.
You know what I'm saying?
That's, that's not something I'm planning for.
No, I don't, I don't see that happening.
I'm playing for golden silver.
We all feel it.
The friction is here.
These governments have, they've started to lose control and they're
just getting more and more ridiculous.
Just today, what Paul didn't lower interest rates, which, Hey, I
actually kind of agree with that.
I feel like they're trying to have an actual free market of money, but, uh,
yeah, they can't, they're not, they're not going to take over the world like that.
One singular government and happening.
People won't put up with it.
I mean, unless there's a subversive conspiracy where like an AI is
already in charge and is working towards it.
I mean, we're in a simulation, right?
Well, yeah, we might as well be at that point.
Guys, I got to take off, but, uh, I just did want to say like, you guys should
pop your head in into, uh, those, um, basically NFT spaces, um, and just
listen to some of those guys talk.
So, so the NFT guys, and sure, great.
If you like NFTs, like I'm not going to tell you what to do or what not to do.
But, um, I was in an NFT space today, so it's fresh on my mind and, and they
were all talking about like, basically how great marketers they are and what
dumb people we are for buying them buying the NFTs, you know, and I was
like, a little surprised that they were saying the quiet part out loud, but,
uh, you know, and, and you're not going to hear that every time.
I just couldn't believe I heard it today.
Like basically there was like two or three of them talking about another group.
And they were just saying like, uh, more or less like we were better marketers
than those guys and they're about to launch their products on these chains.
And, uh, last time that it was a flop because they're shit marketers and we're
better marketers over here and we're launching NFTs on this chain and that
chain and you know, like, like they're, they don't even own crypto.
Besides to like launch their NFTs, like they don't give a shit about any of these
chains and they like sell the idea that they care about art, but they just don't.
I mean, you should have heard them talking today.
It was like, so, uh, so, so, so arrogant.
And, uh, I just couldn't believe it.
Like the words be horrible to have a community that was super arrogant like that.
That'd be really rough to deal with.
Well, here we go.
But, but no, uh, you know, I, I mean, there's all the people that are getting
sucked into this because, you know, five years from now, nobody's going to care.
Dude, you know, there was one of these guys talking about like how you, it's like
buying a piece of land on Manhattan and that they're going to, the millionaires
are going to beg you to buy your coin at $2 million.
I mean, your NFT at $2 million was really, it was crazy marketing.
It was like people trying to enrich themselves.
Very scammy.
We'll see.
I mean, again, pop your head into some of those spaces.
That there was like, I don't care.
I mean, in there today and you know, they're, they're all like basically.
What can I ask you?
What's the problem?
Like I would think, I would think you guys would be thrilled.
Oh, I don't care.
You have like a, you have a, you have a great fee base being certainly, you know,
I am making plenty of money from those guys minting on Bitcoin, but they're
not really minting.
I mean, I don't know if you seen, they're not minting that much right now.
Like, um, you know, they've already minted a lot of stuff last year and they just
haven't been, but they're creating a good use case.
I just think they're creating users.
Like the unsuspecting users of, I mean, there's a few, sure.
There's a few new users, but that's, it's a narrative, you know, for them
to justify what they're doing, but they don't even care about Bitcoin, you know,
they don't even care about, and I'm saying like, they're doing it on Dogecoin
and Litecoin and they're just doing on whatever chain they can because they're,
they're like basically selling the hype and which is fine, but they're just
good marketers, you know, like, and when they leave, like there might be a
few NFTs that are worth, but like the values is going to go completely down
because they were talking about how they watch traded it today.
Like, I mean, like I could not believe what I was hearing and I'm not probably
doing a great job of explaining what they were talking about, but just the
hubris and like everything that they were saying was, uh, you know, like if,
if we decide not to, not to buy their NFTs, then they go to zero, you know,
like, and it's kind of true, right?
Because they all pump each other up and like help each other sell like their
NFTs to the unsuspecting retail guy.
And, and then when that, when they're ready to move on to a different chain,
they leave and kind of leave everybody in the dust and then the value goes to
like, you know, fractions of what people deserve it.
They, they fucking deserve it.
I don't feel sorry for none of them.
Like, oh, let me go ahead and get, let me get, let me get wealthier.
Let me get rich without the process.
Without the process.
I just want to know my JPEG.
Oh, my JPEG.
Well, why are you tossing those wings?
Oh, wait, wait, pause, calm down.
It sounds like you're basting your meat over there.
What's going on, brother?
I'm basting my JPEG.
Oh, shit.
Are they driving that dry rub on me?
I'm on underground.
But to me, it's like, it's like how you said about people who make charts
and crazy high expectations, like in the end, you just drive away people
instead of bringing them in, they become salty or disappointed if you over
promise and stuff like that.
Like that's what a lot of these dojianals feel to me, at least.
Fair enough.
But you know what?
I don't, I don't think that speculators aren't part of the ecosystem.
I mean, those people do buy coins.
They spend transactions, like to be like, you're not allowed to do what you're
doing, I think is, is weird.
I can agree with that, but it's still, it's still a hard thing to balance.
Speaking of Litecoin, how has your block chain size changed after these
ordinals have started popping up?
I haven't looked at it.
I mean, obviously it's been like Litecoin's done a tremendous amount of
transactions in the last year.
I think I know they've been tracking it on that.
Like I'll look it up right now.
You guys make me look this up.
Does anybody have it off hand, maybe?
Litecoin has more transactions than Bitcoin.
Just off the cuff.
Well, and I think that I want to say like in the last year, they've done.
Gosh, I don't know.
Like half of all the wallets ever created were created in the last year.
But I don't know if that's the same as transactions.
God damn, I'm going to look it up.
Yeah, it's all right.
Hold on to your horses, opium.
Hurry up.
God damn it.
Hurry up.
No, I'm kidding.
I'm kidding.
I demand answers.
Hurry up and wait.
Hurry up and wait.
I mean, I can do transactions in a day.
I mean, put it this way.
Like Jesus, man, if I go back.
We got pre-20, I mean, 2017, there was like 2000 a day, right?
2020, it was about 20,000 a day.
Before ordinals, it was about 110,000 a day.
So that's, that's pretty good growth.
You're talking five X, then another five X.
So every four years it's gone five X and in the last man, the last couple
months, it's been over, over 400,000 for a lot of it, a couple days up over 1.2
million, but as far as the size of the blockchain, I'm not sure I can look that up
on this thing.
And I don't know that, I don't know that I could do that.
I mean, the block size hasn't grown that much surprisingly, and they have found
ways to make them much more efficient transactions than they were.
So right now, uh, versus it is not any bigger than it was back in 2021, 2022.
As far as how big is the block size?
The blockchain data size.
You mean, are you talking about the blockchain total size?
It hasn't changed that much for Litecoin.
I'm talking about the block size itself.
So I don't have, I don't know, blockchain size.
You mean like how much, how much space it takes on this?
I think I just Googled it.
It says 91 gigs.
How much has it increased since ordinals?
Oh, hold on.
Uh, I've yet to find it.
Oh, wait.
So when did it start?
Yeah, I got it.
All right.
I'm getting it right now.
On blockchain, they do have the Litecoin blockchain size charts.
So let's say it started in, uh, was it January 2023?
It says here it was 91 gigs and at current it's 141 gigs.
So yeah, you definitely see a nice, uh, bump in size.
Uh, a couple of, a couple of jumps up a vertical line, um, around September.
Is that September?
No, sorry.
That's June.
And as an aside, Lycun has never been down.
Just the same Lycun has never been down.
It's about a fifth of the size of Bitcoin right now to answer your question.
But this is the whole conversation.
This is a whole thing where I think the block size wars created some like PTSD.
You know, I'm not a, I'm not a believer that, um, the blockchain needs to remain like tiny.
I mean, Litecoin was four times Bitcoin in the beginning.
So by default, it's a big block and what makes it even bigger.
So, you know, we should, we will probably surpass Bitcoin and that was by design.
No, I agree.
It's not a, it's not a huge concern.
Only somebody who has, as I've said, small PP syndrome would be acting like small is better than big.
It's, but we gain more decentralization to Chelsea leaf.
We gain more decentralization by having more coins than we do by having more nodes.
That's my belief.
10 coins at all work unstoppable.
One coin that has a bunch of nodes that are clinging to survival because no one can use the blockchain.
That is not how the, that's not how you detach yourself from, uh, the current money system.
You, yeah.
Decentralization is the key to everything.
To everything, everything, whether it's crypto, everything, silver, everything, decentralization.
Everybody has to get on board with that.
Everybody.
And if you don't, I don't trust you.
I want decentralization of everything.
Understanding why that's important.
I think that's the thing that, yeah, I think people lose track of that.
They think, well, if there's 5,000 nodes, that's decentralized.
Well, not necessarily, you know, the whole purpose is again, this is made my opinion censorship resistance.
And I said in the thread today, it's all about like corporations can censor all day.
That's free market.
When governments start to shut you down and prevent you from using something, that's what you're fighting.
Corporations should be allowed to censor in a free market, really.
But until we understand that we're all on the same team fighting the government censorship, then it doesn't matter.
And we're just playing, we're having fun with each other.
You're hilarious.
I love you.
Like my underground man, I love this face and yes, I love this face.
That's all.
Where are you located?
Anyway, I feel like you've asked you that before.
Sacramento.
Sacramento.
And I have whiskey involved.
I know it's Crown Royal.
You're the Crown Royal.
Yes, I know.
But I whiskey and wisdom out.
I get, I guide the decentralization and hold your own.
If you don't hold it, you don't own it.
And everybody here in this whole space knows that if you don't know that DM me, you have to hold it or own it.
Where the, and you can hold your own crypto on a paper wallet.
And when the system goes down, when it comes back up, you can transport your crypto and your paper wallets and back into the system.
And if the system doesn't come up, you're everybody's fucked.
F U X E D.
This you have to hold it or own it, whether it's crypto or silver, you can hold it on a paper wallet.
It's this crypto.
You can hold it.
And when the system goes down, it'll come back up.
If it doesn't, we're done.
But you guys are going to be fine.
Everybody here is going to be fine.
You guys, well, sorry, the Ram, I hate to interrupt you, but man.
No, do it.
You, you really sound like a prepper or like a doomsday person or something.
A lot of these, a lot of crypto people I feel are very, uh, sort of in line with that narrative, I guess.
Yeah, for sure.
I'm a solo prepper.
I, I'm a prepper.
And I, I'm, I appreciate whoever said that.
I love you because you, you recognize that I approve of this whole space.
Keep, keep your own stuff and you can't, you, you can't, yes.
Hold it on it.
You can do this.
People, everybody here can do this.
I like my family.
We were you around in 2008?
Did you have money in a bank out there?
Cause you're out West, right?
I had silver in the bank.
Can I tell you a secret?
I was like, well, they had bank runs back then.
That's why I asked about Vegas and he couldn't, he had to run down.
I couldn't get money.
I was like 10 years old and I was like 10 in 2008.
So yeah, imagine you had your money in the bank.
You still have time, sir.
You had to wait.
You didn't know what the fuck was going to happen, right?
People are panicking.
You had no money.
That's part of the reason why you want to hang on.
I'm going to tell you a secret.
All right.
I was buying silver in the seventies and then I had children between 2006, 2016.
And I honestly think that, I mean, I couldn't buy silver when it was
five of those and that was 2003, 2004.
But 2012, 15, 16.
I feel that money was bad and I got a golden opportunity.
I've been buying silver and crypto, like going underground.
Yes, I do it, but I've been doing that for at least 10 years and everybody has to
hold it and own it and pull your private keys, private keys, everything.
Like on the other hand, you appreciate that.
And try to ride the keys and just sit back and hold it and wait.
Oh my gosh.
Oh, like when you and I think you could let me speak, I set up now.
How much whiskey have you had, my friend?
Not enough.
It sounds to me like maybe I buy it by the six pack fan.
But you know what?
Six packs of handles.
Yeah, whiskey and wisdom out.
And I totally think you like when you're around, man, this has been a, I love the
I'm an idiot.
Never ever to hear thumbs up right now.
I'm an idiot.
Anybody here?
You're making sense.
You're making sense.
Yes, I know.
That's why whiskey.
All right.
No thumbs up.
I'm going to give that thumbs up right now.
All right, man.
Like on the ground.
I love you.
You like some gay shit going on here.
I'm not into that shit.
Motherfucker.
No, I was down in Columbus visiting a buddy of mine, like old old friend.
You know, those dudes you just click with your whole life, right?
And it was all, he was having this birthday party and all these people from his
neighborhood and we're all like, we're all 40, 50 years old, whatever.
Man, I miss the old days.
You know, you just throw shit like that.
Nobody cared.
I get, we have to be sensitive, but when I was a kid, everything was gay.
You know what I'm saying?
And it wasn't gay.
It was gay.
It was two different words.
Anyway, but that sounded like some, the gay gay shit there, rant.
You were trying, you're, you're hitting on me.
I get the sense.
No, no, no, no.
I'm not a good looking guy, but I ain't in that shit.
I'm trying to get a small, you're killing me.
Small as shit, man.
Well, anyway, so, hey, I do have a question for you guys.
Uh, I've written down here.
There's this new thing.
This is going to be the new stock to flow thing of next, of the next run.
The power law.
Have you seen this?
This is the new meme, the Bitcoin power law.
Oh, hey, sad frogs just popped it.
I'm going to invite him right away.
Uh, do you get, do you hear what I'm saying about like all these memes that are
like all these, uh, pumponomics I'll call them are now starting to get applied to.
Like I just feel like we've reached hysteria.
I can't even, I can't even see straight anymore with it all.
It's like, if it, because, because you have to constantly keep the pump going,
it's like, you have to keep coming with crazier and crazier shit.
And, uh, yeah, I just, I just feel like we're off the rails at this point.
And I don't even know.
I don't know what the resolution is.
Maybe, maybe this is just bull market shit.
You know, yeah.
We need, we need real liquidity.
We need, uh, the fed to cut rates, I think, and to print more dollars
in order to see a pump, you're saying.
Oh, yeah.
And then, and then print, they're going to stop until there's nothing.
They, they're going to print until everything you guys got to know that they're
going to print and print and print.
They're going to, they're trying.
That's the only thing they can do.
And later die.
You guys know that this is like the carnival game when you get the little
squirt gun and the carnival clown's mouth and you squirt into it and then
everything pops up and blows.
This is the federal bank.
But yes, they're going to inflate and every time the balloon inflates and
something else pops, it goes down and then they inflate again.
You got this, oh, oh man.
Center banks are the evil of everything.
I'm talking too much.
But you're right.
I think you guys see that Dan Aykroyd, uh, SNL clip from the, I think
it was the eighties where he was basically a whole up posted to the,
up posted to the, to the nest, but from 1978 and he's basically, uh, acting
as the chair, he's Dan Aykroyd, right?
And he's saying that inflation is our friend.
Um, this isn't a new problem.
And I mean, my parents were, were laughing at the same jokes.
And yeah, if you look at how much inflation has increased since the
seventies, it's pretty, pretty dramatic.
They had 10, it was like 10% inflation every year for a decade in the seventies.
Which is like, we had, we had no idea what that's like.
You know what I mean?
No, I think, I think they're using it to like destabilize other nations as well.
Like inflation, like is, is, is part of the, uh, was it the, what's it called?
Uh, the currency wars, right?
It's their main weapon.
Remember when Trump said about China, he's like, Oh, they're just printing money.
They're deflating their own money and they're printing it and
spending it around the world.
And that's, you know, as in this horrible thing that China is doing, but that's
basically what we're doing.
And that's what I was talking about with tether.
It's an extra a hundred billion dollars that's been injected into the world.
That's all essentially the dollar.
Wasn't, didn't animal talk about, uh, China and crypto before
doesn't the animal know a lot about that?
Or maybe I'm wrong.
I mean, like specifically what I definitely spoke about China and crypto.
You said China owns a lot of crypto, I think a while ago.
Maybe I'm wrong.
Well, look, so there was, um, there's this website at some
point that would track Bitcoin transactions in their origin.
What was it called?
Um, I'll think of it, but anyways, this website, you could see where, uh,
transactions are originated from.
And at some point, um, China was just dominating.
They were sending the most transactions, um, in the early days.
And you have to believe that a lot of these people still, still own crypto,
uh, whether or not it's the government at this point, uh, or, you know,
citizens, I don't know, but there's definitely, I mean, China is a big
player bit main is Chinese and you better believe that the government
has their, their fingers in it.
Um, to what extent, I don't know, but it's quite possible that they,
they own quite a bit of it.
I want to, uh, swap my Litecoin out for a digital yawn or what is it?
What is the Chinese currency?
One digital one or something.
What is it?
There are, I don't know, the new one, the new one, the currency called the one
has two currencies, internal and the external, which one are you investing in?
There's the rim needy or whatever.
Tell us, if you know it.
They want an internal and external control of currency, and they want to
control the internal and the external, but the external goes to universal
all countries, and you guys have to watch and move, yeah, that's, that's,
yeah, that this is a big site up with internal and external currency.
And actually us has the same one.
There's a internal and external currency.
All the external currencies are going to come back to our land.
I'm in the USA.
It's going to come back.
You give, there's two different currencies for the Chinese one and
remember, and there's two different currencies for us.
It's February zero note or the original US Treasury.
You guys got to watch what you just hold on to what is real.
And it's actually, if you're in America, it's US Treasury notes, not notes.
It's US it's well, it's 370.1 grams of silver.
You guys got to watch yourself.
You got to protect yourself.
Whatever country you're in, you better choose the right country.
And, oh, everything is going to come back to the US and everybody's afraid.
They're going to go to US stocks bonds.
And this is the only real thing.
Oh my goodness.
I'm US and whatever you have trade to the US because it's the biggest,
prettiest horse in the bucket and that's still going to be made out of glue.
I, oh man, telling you guys too much.
I, I now, I wait, all I can say is physical.
If you don't hold it, you don't own it.
Doesn't matter whatever country you're from.
If you don't hold it, you don't own it.
Everybody here, please hold it.
Give me a one, give me a one.
If you hold what you own or not, just hold it and everything that shakes
out, you're going to hold it and own it.
So I'll have to say again, sorry, sorry.
Uh, thank you.
Like going in and around guaranteed.
I've had some whiskey, but whiskey and truth out guys.
Everybody here hold it.
If you don't hold it, you don't own it.
And it's going to go down like that.
It's going to.
Oh my God.
I stopped.
You're good.
You're good.
I'm about to play.
I'm about, you inspire me to, um, play a song.
Are you ready?
Let's see if I can do this.
Guess what?
I play the song today to my father-in-law that was put into a mental institution.
All right.
We didn't hear that.
We just want to hear the song.
Hang on a second.
Okay, go for it.
Oh, it's of course YouTube.
So hold on a second.
Here we go.
Hold it now.
Hold it now.
Hold it now.
All right, just because of the hold and now I had to do it.
Anybody else want to listen to some music or shoot?
You know, I was almost thinking we should like turn off the, uh, last week we had so
many more people when it was unrecorded, I'm starting to wonder if that's what people really
You know?
I don't want to get canceled for something I said last week, so I'm exaggerating because
like sometimes people are more careful when there's a recording going on, you know, that
sort of thing.
You're probably right.
You're probably right.
How do you spend money these days?
What are you spending money on?
You're really up in my shit.
Like, let's say like your average ship to like the grocery store or something, like
what are you, what are you buying?
Like, what do you spend your money on?
I don't know.
What do you mean?
Uh, I spend about, I live in the Midwest or I live in Toledo and, uh, I got a family of
four and I'd say on average we spend about, it sounds like a lot.
Six to $7,000 a month, six to $7,000 a month.
You will.
That's not really what I was asking.
Oh, okay.
I mean, like, let's say, like, let, let me ask you, like, put it like this.
What's the big, what's your biggest last purchase or what's some like big purchase purchase
you've made recently?
Somewhat big.
Like do you,
What's your mother's maiden name?
I'm going to Disney World.
I'm going to Disney World.
I'm going to Disney World with my daughters and we're going to, I'll probably spend $3,000
to $4,000 there.
A vacation.
A family, family vacation.
Like three, four kid family.
I got a used car.
I got a 12 year old used car.
You know, I just fucking own it.
So I don't have a car payment.
My daughter has braces.
Those are like, it's like three or 400 bucks a month.
Mortgage is probably 1500 property taxes are 400.
Um, you know, electricity, gas, all this shit.
Yeah, nothing.
I'm not, I'm not an extra having a guy at all.
My friend.
So that's, that's okay.
I'm not saying you are.
Sounds like you spend it all on your family.
I mean, I pay the fucking bill, dude.
What is it?
You spend your money on?
I can't think of anything better.
Survival, you know, I mean food.
I think, I think it's good.
Michael sailor exists.
As much as I don't know if I agree with the things he says.
I think it's good.
He exists.
Cause you really do.
You need like a.
It's good that the, like the top coin, I guess sort of,
I don't know if you consider crypto or Bitcoin the top,
but it kind of sort of is.
So, I mean, it's just good to have like a,
somebody like a sport.
I wouldn't say he sort of seems like the CEO of Bitcoin.
I mean, as it doesn't make sense to call him that really,
but he's like, gotta be up there in terms of the number one.
Like if you think Bitcoin, who do you think of besides him?
Satoshi, I guess.
But I guess there are other max Kaiser and other Bitcoin influencers,
but is Michael sailor the most popular?
I think it would be like, it's interesting.
Like I read somewhere that Zcash had a CEO or something or other coins have
CEOs or something along that line.
Maybe there are other ones that have CEOs.
But I wish there was like some more of like representation for crypto.
I mean, I don't know.
I guess it's really going to be this thing where it like only gets really
valuable when the government lets it.
I don't know.
It would be nice if like, it's just so the problem with it is it's boring,
I'm telling you, crypto could be massive if it was just like it needs some
sort of different experience or environment.
I have to disagree.
Like I kind of find Charlie's absence refreshing.
Um, he's not out here shilling.
You know, he's not out here making fake promises.
Was he the CEO of Litecoin?
No, he created it.
He's sort of the representative.
I don't know in terms of Litecoin.
I wish does Charlie ever go to people and say,
or does he have the ability to go to people and say,
Hey, will you accept Litecoin here?
Once, once Bitcoin broke into the mainstream,
once like everyone couldn't stop talking about it, he shut up.
Um, and he let, he just, he's letting it happen naturally.
He's not interfering with it more than like, uh, you know,
in the development side and like, you know, behind the scenes.
Um, I'm not, look, I don't know what he's doing day to day.
He's probably just enjoying his life and maybe trying to get away
from the limelight.
Maybe he doesn't like the attention.
Maybe he's just, you know, like he enjoys his privacy.
Like think about how many total websites or total like internet
commerce uses crypto.
I mean, like, like I can only think of a few places you can even
spend crypto to buy anything and they're not mainstream sites.
You know, like most e-commerce, all online sales happen between
Amazon and like eBay pretty much.
I would say are the two hot most of there's other ones.
There's clothing brands and other, all sorts of online commerce,
but I wish it would be accepted more.
I don't know how you ever get it to be.
Maybe it doesn't need to, but I think it really does.
It's got to be some more interesting.
It's not interesting enough to go and buy a fucking coin.
You can't do anything with it.
It's just like two.
It's got to be more than that.
No, I think look, I agree with you, but I think we're going to see that
with the next bull run.
Like I, I spend crypto when I'm in profit, right?
Like I don't like I take, I treat myself when the, when, when I feel
like it's appropriate at these prices.
I don't, I don't think I'll be doing myself a service if I spend it at a
loss, right?
Or like if I'm not in as much profit as I believe I would be in, you know,
10 years from now, say, for example, I think it's going to happen.
I think, I mean, your concerns are valid, but I also think it's just a
matter of time.
I mean, do you think crypto can actually hold up against like, I don't know.
I don't know.
Maybe it, maybe it will do well.
It just seems like there's other things that are going to be competing with
it, especially in the future.
Like, I don't know.
I think you're right.
And that's, and that's one of the reasons that I get almost okay.
I want to be clear.
Clear. I'd say this.
I'm long-term, very bullish on all this stuff, but in the short term, I have,
I have questions about when people start, you know, they, they shut your
mind off to the rest of the world.
If you get laser focused on something, you, you stop recognizing like that
there's value in other things.
And if, if you, I mean, and I don't think this is you, but I think like, if,
if you just sit here and you go, oh, well, this is the only thing I care
about, why doesn't everybody buy this?
This is the best thing in the world.
And I don't want to touch anything else in 99% of other people are like, well,
yeah, I'd like to go out to eat and I'd like to go on vacation.
And I want to have a car and I want to, uh, you know, AI is cool.
Or I think like, this is the hot new investment or whatever.
Like, there's always going to be things that catch people's eye.
Hey, right.
So, so it, it is this slow and steady race.
And that's what I think what bothers me about the idea of like, well,
you're going to, you know, this thing's going to go up a thousand X in the
next two years.
It's like, okay, you don't know that like if it might happen because it has
happened to a couple of coins, but the odds of it are super slim.
And you can't promise that to people.
The thing you can promise is that this is a, an asset that's never going away.
You know, assuming people use it and it has a network and particularly with
Doge and Litecoin together and Bitcoin is a very strong asset.
These things, there's good reason to believe they're going to be here for a long
And they're kind of these cornerstones of value that people can rely on.
That's what you can tell people, but does that mean it's going to go up 100%
Fuck man.
You can't promise that shit because you, yeah, we could have a war with Iran.
But, but do you, and everything goes down because people freak the fuck out.
Do you see my point?
I wish there was some call like commerce market, like eBay or something that you
could go and spend your crypto.
That's an accounting thing.
How many total websites, like I said, how many total websites even use or take
crypto payments?
I can only think of, I can think of a few.
I mean, all the casinos do and I can think of a few other ones, but besides that
it's all very rare.
And it's like, it's like, I have a question.
The casinos take this crypto and the governments don't.
Casinos are poor thing.
You guys have to know that the crypto will be here forever and government
can't, they can't do it.
If casinos take cryptos, governments will.
They will.
They promise you.
And there's so many patents and that there's an ETF and their governments are
taking in crypto faster than the common people do.
And you have to be in crypto before the government do.
Here we go.
It's got, it's got to be able to compete with real.
That's difficult.
I feel especially for something as boring as crypto.
You buy the coin and there it is.
I mean, I guess you can send it or whatever you can stake it and there's some
things you can do with it, but you can spend it on some websites, I guess, but
it's just, I guess it is kind of like it will be spendable on every website.
Just not now.
You have to be patient people.
Crypto is patient.
It's going to be the future.
And crypto is going to be for cross country transactions and your golden
silver will be like right in your own local neighborhood.
You've got to be involved in both.
Yeah, you should.
And if you're all crypto or if you're all silver, you're wrong.
You've got to be involved in both.
Just both people.
I mean, these Bitcoin people talk about Bitcoin like it's some sort of
strange heroin addiction or something.
Like literally hardcore drugs.
Like, oh, do anything.
Hardcore.
And it's just that I can't believe that.
That's bizarre to me.
It's bizarre to me.
Yeah, I can't figure it out.
If you know you've got to be in both like Solomon says in the in some be
involved in seven different things.
Yeah, maybe eight.
Well, crypto is a new thing.
So that's the seventh or eighth.
You've got to be involved in it.
This is this is moving.
This is like a thousand year generational stuff.
And you can't block out gold and silver, but you can't block out crypto.
This is generational stuff.
I think I understand what you mean by like that.
Like if I'm getting your point right, you're very frustrated with the adoption
not happening that much.
And like I agree with those sentiments.
So I feel it's even more important to support the businesses that do accept
For example, I think a few weeks ago, we had Williamsburg Pizza in here.
I think you remember like like underground.
He started accepting Dogecoin and I wanted to support him do that.
Like I guess I guess you're right.
Like adoption is slow and adoption.
And people might disagree with me on this.
Adoption might not happen like in the future.
Like maybe the U.S. goes fucking nuts and says ban crypto like China or something
like that.
But I guess the only thing you can do is really wait.
Yeah, I know.
I don't think I don't think if they try to ban, it's going to cause a revolution.
Yeah, I agree with you.
I mean, there's I have more faith in crypto than I do our current system.
I mean, how can you blame me?
Like once once you catch the government or like a news agency lie to you, you lose
trust in them.
You lose faith in it.
And it just takes one.
And suddenly you see things in a whole different light.
And I mean, the past three years with covid, people have slowly been waking up to
the truth and they're like, OK, these guys don't give a fuck about us.
They're just trying to control us.
They don't know anything.
In fact, they're like they're clueless and they're just human beings and they're
they're they're flawed to write like they're not perfect.
Some of them might have their heart in the right place.
But in general, I don't think look, I don't think it's easy for Jerome Powell to
do his job.
I have a ton of respect for the guy.
I think he's got an impossible task or seemingly impossible task.
And yeah, I just to that end, I don't think I don't think they're as resilient as
Bitcoin or Litecoin will be.
And it's just a matter of time before before crypto has this time in the sun.
Like I said, like the next bull run, we're already like at 40 K Bitcoin.
That for me is a couple of years ago, five years ago.
Like I would never seen this coming.
Well, maybe I would have.
But like seeing it now, it really changes things like perspective is everything.
We get the hundred dollar or hundred thousand dollar Bitcoin, five thousand dollar Litecoin.
People will be spending it.
I'll be spending it.
I don't really understand, though, is why do people seem to equate adoption with the
price of an asset?
Like I feel like that's not necessarily a correlation there.
Like you can still use like I use Dogecoin at a loss sometimes when I buy things, I
buy stuff from Bitrefill or donate or tip people.
Like I feel like there shouldn't be a need for any price action to, I guess, stimulate adoption.
Yeah, I guess.
But I mean, it's just not super practical, right?
Like there was that whole what's it called get hedge that platform, which was available
in the States, which would have made it easy just to allocate some of your your paycheck
right directly to a wallet crypto wallet.
In my case, like I would have to actively make a buy every time I spent it.
And, you know, when I when I do that and and sell it, then it's a taxable transaction
and I have to account for that.
And it's just a hassle.
Whereas with my visa, you know, I don't give a shit about any of that stuff.
I just spend it, pay it off, I spend it, pay it off like it's OK.
Even that's a hassle.
But if you look at it, but at least I have to deal with taxes.
Yeah, I don't know.
Yeah, I don't know.
I mean, look, eventually I might one day, if you know, I'm lucky, be able to transition
to crypto only.
And at that point, I'll just have to, you know, I'll have to streamline my whole taxation
process, although it is already pretty streamlined.
But it'll be just one way.
Like, yeah, I guess if I keep working in and all that, I'll have to buy into it.
But I probably won't, you know.
I think I think price, the correlation between the price and massive jobs, adoptions tied
in links just because of that, just because people will be spending it more.
I mean, if you look at the last bull run, Miami, right, was teaming the nightclubs were
teaming with Bitcoiners.
These days, from what I hear, they're any Bitcoiner in sight, you know, at least not
like to the extent that it was during the bull run in 2021.
What I keep coming back to is like, I don't quite understand what the speculation becomes
at some point, like, because that's all it is now.
That's all Bitcoin is, is purely speculation.
I mean, not for me.
Yeah, sure.
I look at charts and stuff and I follow the thing, but I'm not betting on it.
Like, I'm not, you know, speculating.
I'm not trading.
You're saying it's going to go up in value.
Well, I know it's going to go up in value.
Assuming that.
You don't know that.
I kind of know.
Like, I feel like I know.
Bitcoin will always go up in value.
It'll put a limit supply.
And yes, you hold Bitcoin for your future generations.
I mean, you don't, it won't.
You can trade all you want and get in and out.
But everything you put on the risk value is not going to your grandchildren or children.
You guys got to know that this crypto stuff is going to be through the future.
You have to hold it and huddle.
Oh, my goodness.
I don't know.
I'm 57 years old and it's going to take 20 years if I go into a bear market on anything.
And I'm 77.
If you're under 57, where I am, then you risk it and then trade in and out.
But otherwise, huddle everything.
Even your coins and your silver coins or your Bitcoin.
You don't risk it.
If you hold it 20 years later, your children will be happy.
Oh, my God.
This is such good stuff.
I love this conversation.
This is great.
Man, you guys are special.
They could make crypto more fun if they like the whole Ledger Live program.
That program just sucks, man.
It's just horrible.
Like the way you store coins is just horrible, in my opinion, now for now.
Maybe it will be better in the future where you'll actually be able to like you could.
Can you imagine other things for how it looks like in the interface with the Ledger Live wallet or any wallet, whatever?
Like their stupid interface.
It could be so much cooler, I feel.
Is it like?
Do they make it difficult for the average person?
They make it difficult.
Like I want to just have what I have.
But there's so many hoops that everything they make it difficult.
How do we get over that?
How do we get adoption and not difficult where everybody can just trust everything?
But you can't trust it.
Some bank owns it.
Yes, there will be a time when it is just truly adoptable and everybody knows what they're doing.
And I cannot wait from that moment in time.
This is like Wild Wild West and cryptos and everything.
Just huddle people.
What did you think about that wallet interface critique?
I mean, do you feel the wallet interfaces are?
It's not easy.
It's not easy for the average dumb, stupid person.
And when it is, then it will be adoptable.
And whatever wall there is and unless they make it easy for people just like point click, it's not going to be adoptable.
But it will be like if you want to make it more fun, fix making the wallet interface more interactive because it's really more than just a wallet and real life wallet.
You can't really do anything with, but a digital wallet, you have all the opportunity in the world presented.
And it's like that would be a good start in order to make it actually more fun.
Is that why they make it so hard?
That's why they make it so hard because it's not to the average person.
Who's they?
Are you talking to me?
Yeah, I mean, you're talking about what do you mean by make it more fun?
What do you mean?
Like, like, how is it so much more interactive?
Have you have you used cake wallet yet?
No, I haven't.
No, no, they have this thing called bird pay, which is kind of cool.
And essentially it ties your your exit or your ex username to an address.
If you put your cake wallet address, I think they support Bitcoin, Litecoin and Monero at this point.
Grant, you might be able to tell me if there's more, but yeah, if you put it up in there, there's a lot more in there.
Yeah, I'm not sure how many are working with the bird pay rather, whatever it's called now.
But I mean, that's kind of fun.
You don't like you, you can send people cash without knowing their name and you could do it kind of anonymously.
Would it be cool if you could, at the same time, donate it to like foundations and charities and stuff?
Yeah, I think that'd be fun.
You know, if a if a charity has their bird pay address up in their profile, you simply just, you know, I want to donate it.
This might sound bizarre, but do you think in the future, like, like, think about like, like, they've got bitmojis.
I'm sure you know bitmojis and you know, like, maybe this is crazy.
But like, even me, there was on the way they had like me, I'm pretty sure they were called.
It's like, do you ever think that would be incorporated in a wallet?
Maybe that's an insane idea.
Maybe there's no reason to.
Yeah, I don't think I mean, like, what's what's the point of that?
I feel like the like the e-commerce world is in line for a major shift.
I think Elon is making, well, he's making progress with his own X app.
And that's probably going to be the first one to do it.
Like, he's definitely got a head start on everyone else.
He wants to make it the everything app.
So that includes, you know, Ubers, that includes marketplaces like Amazon or eBay.
That includes plane tickets, train tickets, peer to peer.
It includes you should go around and be able to like, see your coins, like their trophies or something like that.
Like, instead of just the stupid little, like, even that kind of gimmicky would help.
That's kind of gimmicky.
Like, what's I mean, sure, people could do that.
But like, why would you want to do that?
It's like, I don't know.
At least it feels like you're getting something like added to something every single time.
Like, instead of just like, you pay, you pay $60 for a Litecoin and you see it go from whatever to whatever.
It's just very demotivating, I feel.
And if it was like more of a, you could see them all laid out in a different way besides just a stack.
Maybe this is all insanity.
She's maybe laughing at me.
I mean, but this is just my opinion.
It's too boring, man.
I swear to God, there's no debate about it.
It's got to be.
You're right.
It's boring, right?
I think it's more control.
They want to control everything.
And we have to fight against that.
Everything, even X, whatever.
You've got to stop decentralization.
Just stop it and fight against it everywhere.
Whether it's money or health yet, stop decentralization.
Just stop it.
Then that's where we have control and no one person has control.
Oh, my goodness.
Why am I talking too much whiskey?
If you guys had to go to Urgent Care to get stitches, would you go to work tomorrow?
Well, where are these stitches?
The tip of your pinky.
Oh, I thought you were going for something else there.
Did you work with the computer?
Yeah, is this pinky pertinent to your job?
You're an electrician.
You could do that with just your first three fingers, couldn't you?
Pinky's out, right?
Yeah, especially if you're running the job.
Yeah, especially if you're running the job.
You can totally do it.
But would you, though?
Especially after being up all day, moving out of your house.
Do you get paid if you don't show up?
No, not at all.
That's up, Jan. It's your decision.
Are you going to cause your project to be delayed?
I might have to cause people to move to different job sites.
Because if I'm not there, I'm the man with the plan.
Well, tomorrow's Thursday.
I think you can tough it out to the weekend.
I'd go to work.
Well, if other people are relying on it.
Yeah, that's what I'm saying, man.
It sucks having people rely.
Like, I just want to give them my notes, but it's all chicken scratch.
I mean, how much do you really need to be running tomorrow?
Running the job?
What did you do?
You were drawing your fucking frog pictures so quickly, you cut your fingers?
I was moving all my stuff out of my apartment in a U-Haul.
And I have this drum stool, which is such a stupid way to cut off the tip of your finger.
This is a drum stool, and it got stuck in the open position.
And I wanted to close it, save some space, put it in the store.
And it wouldn't budge.
So I just hit it really hard, and it closed, and it closed.
But the hand that was holding it got a little chopped.
Damn, you had to do the stitches for that shit.
I'm about to go to Urgent Care right now, I think.
You got a band-aid on it, and it's...
I had a band-aid.
I had a band-aid.
I need a picture.
I'll send you a picture.
I'll send you a picture right now.
You ready?
I got stitches on my thumb when I was younger from a soup can.
And I waited.
I put a band-aid on it, and I opened it up like six hours later, and it was still bleeding,
and I was like, I'll go get stitches.
So if it's been...
How long has it been since you put the band-aid on?
Five hours.
Six hours?
Open it up.
If it's bleeding, go to Urgent Care.
Oh, I took it off.
No, it was bleeding through.
It's airing out right now.
It's just hanging out here.
It is not bleeding right now.
Do you have any superglue?
I do have superglue.
I don't know.
I feel like I have to go to Urgent Care because I talked to my mama, and she's a nurse, and
she's like, Bubba, you're too young to start losing portions of your digits.
Bubba, go to Urgent Care.
You have insurance.
This is why you have.
So I think I'm going to do it.
Yeah, that looks legitimately fucked.
I was going to say, if your mom could...
You sent it to me at a DM, but like, yeah, if your mom could fix that with, like, if
she's a nurse, maybe she can put some stitches in for you and clean it up.
Otherwise...
She's made...
She's told me to go to Urgent Care up here in New York.
Yeah, yeah, I tend to agree with her.
It looks fucked.
I think that was the first tip there that you see.
It was actually, like, four skinned down my pick.
It's holding up.
Oh, okay.
I hate to interrupt, but I'm not even talking...
Can I just...
On this last point I was talking about, it's not even more...
It's not even a game of five stars.
I'm so sorry.
It's just a more beautiful wallet, and a wallet where you can really actually see your coins
in, like, a deeper way.
What's talking about cutting out the penis that was four skinned or something?
And you're worried about wallet design?
He circursizes his finger.
The creator of Sad Frogs is in a fucking pickle, man.
Oh, okay.
I'm sorry.
Oh, but I think...
I do agree with my queen family patch.
No, no, it's fine.
I totally interrupted.
That's my bad.
Yeah, why you gotta bring the tragedy into this, your first name?
The coins need to be more...
You're able to interact with them somehow.
You gotta be able to circumcise the coins.
You wanna see your stick?
Admire it.
That's how I'm picturing this, you know?
That was just a fee I had to pay, you know?
It was just a tip.
You know, I heard this...
Again, sometimes if you're on the internet, you don't know if it's true or not.
But back in the day when they would have themselves painted,
if you ever notice, look at like George Washington paintings
and Thomas Jefferson, they're like standing behind a chair
or standing behind a desk or whatever.
And apparently, it was costly.
You were charged.
Again, this is...
I almost feel like this might be not true, but the internet told me it was true.
That when you paid for someone to paint your portrait,
you paid by how many limbs you had.
Just like with AI, they can't do hands right.
It was difficult for painters to do limbs.
And that's where the phrase costs you an arm and a leg comes from.
Is that if you had an arm and a leg painted, it would cost you a lot.
And I wonder if a tip comes from what you're talking about,
your first name, like, you know?
That you contributed a tip to the job, you know?
That's hilarious.
Do you mind your peas and hues?
Do you know where that came from?
Mind your peas and hues.
Mind your pints and quarts.
If you're drinking at the bar, mind your pints and quarts.
Don't get too lit.
Don't get too lit.
These are definitely 100-year-old things that we talk about now
and we just figure them out.
Two pints and a drink, right?
Not for me.
You guys know what wet your whistle is?
Wet your whistle is they used to have wooden things
and when your cup was empty, you would blow it
and it would whoop and whistle
and then they would know to bring your spiel
because you wet your whistle because it was dry.
Your cup was made out of wood?
Well, they used to pour little whistles in there
when the cup was empty.
You would whistle and wet your whistle
because your beer was empty.
These things like mind your peas and quarts.
Pints and quarts.
These things go back hundreds of years
and we don't even know.
I forgot what you said that started me on this.
These things go back hundreds of years
and we don't know the meaning,
but they do mean stuff to people in real time.
What is crazy stuff?
Give me a Canadian one, animal.
Is there like a Canadian saying
that we wouldn't understand down here?
It has a bunch.
I wish A was like an abbreviate.
It was like an acronym for something like E-H
meant something deeper than just A.
Do you really want that?
Or just give it a simple mean of A?
A means what?
Everybody hear me or something like that?
Eh? Yeah.
Everybody here?
You don't want to go farther than that.
Just simple eh?
Like what?
You don't want that.
All right, animal.
Oh my gosh.
Give me some Canadian ones.
We got...
TIG off to the great white north.
What TIG off?
Oh, do you know what a TIG war is?
TIG off basically?
You guys know what a...
Man, if you are Canadian here, I love you guys.
We're on the North American continent and we should band together.
Everybody.
This is...
This is...
This is global.
Hey, I'm trying to...
When we are in the...
I'm trying to get some Canadian slang.
I'm trying to get some Canadian slang, Rant.
What's TIG off?
Is that like fuck off?
I've never...
Well, no.
That was kind of like in the 80s.
Can I tell you guys a secret?
My father-in-law was a missionary to Canadian...
No, Canada for 30 years.
This is beautiful stuff and I appreciate him and I love connection.
Man, he was there for 30 years.
Wait a minute.
You're from America.
You lived in America.
Your dad left you for 30 years.
My father-in-law.
My father-in-law was a missionary in Canada for 30 years.
What did he do?
No, Baptist.
Come on, guys.
He had a second family.
He had a second family or something.
But I love him all the way.
You tell me that's the truth.
Your father-in-law had two families.
Your wife's family.
And my...
And his other family.
His Canadian...
No, he only had one.
All right.
Let's see.
Do you know what that is?
Ooh, a 2-4.
Can I tell you that I went to...
A Canadian...
In like 1990s and...
Let him finish this up.
Go ahead.
A 2-4 is...
Two for one.
That has 24 bottles in it.
Oh, all right.
I would call that a 2-4.
Case of beer.
Just call it a case.
All right, yeah.
Well, if you brought me a case, I would drink four and there were only 20.
All right.
I got you.
Don't bring me beer.
Yes, I would.
You guys, I love the Canadian people.
I was married to one.
We're good.
I was flattered earlier when you told me you loved me, but now you love everybody else
and it's starting to sound a little bit diluted.
I share all my love to everybody here.
I love the space.
You guys talk so much solid stuff.
This is great.
I truly appreciate you like going underground.
It's amazing.
I love it.
I truly do.
All right.
If you appreciate it, here you go.
Just let animal give us more Canadian-isms.
Let's just let them hear them out.
Oh, geez.
Putting me on the spot.
I thought you were looking them up on a website or something.
Yeah, I was looking them up at like the, I don't know, have you guys ever had a coffee
You know what that is?
It's a type of chocolate bar.
It's pretty special.
A double double.
Have you heard of that?
A double double.
That's double cream, double sugar.
It's in words.
That's right.
What is that one called again?
A double double?
Coffee crisp.
Coffee crisp.
My neighbors in Florida would get me those all the time because they'd come back from
They are pretty good.
They're like a kitchen if it was coffee and big.
They're excellent.
I don't know.
There's a bunch of French Quebecers stuff.
It's sick.
It's sick.
It's basically a hat.
T-U-Q-U-E.
And that is basically a beanie.
Is it a toque?
It's a toque.
I'm Canadian.
And Lord of the Rings, right?
Took isn't one of them a toque.
But if you really want to learn about Canadianisms, I highly recommend you check the show out.
Well, there's two of them.
The Trail Park Boys.
These guys are fantastic.
They're from Nova Scotia.
And then there's this other show called Letter Kenny, which is kind of these guys are from
the prairies and they have their own dialect.
Frankly don't understand half the stuff they say, but yeah, you'll see we're very, we're
very Americanized and there's very few differences.
If you go to Toronto, for example, they're just basically like a mini New York or want
to be New York.
But if you come to Montreal, you're going to hear some shit.
That's for sure.
Anyone saying?
Well, yeah.
It's a whole bunch of.
And we've got like the French from France here too.
So we got, you know, they're slang.
And the French from France is interesting.
They have these, what are they called?
Basically like they say words backwards.
Like they'll, um, the expression will be, uh, what's a good one.
Like you're, but yeah, the expression will be like, uh, like guy, right?
And they'll just spell it backwards and pronounce it backwards and it becomes the word that
everybody knows.
So it's sort of like Garçon that's, I know, yeah, but they just say it backwards.
They'll say it backwards.
French people.
I mean, I, I should, I should know more, but I'm trying to black here.
Hey, can I, this is like Montreal at all influenced to get rid of Justin Trudeau and just do their
own thing.
Has that whole independence thing just gone down the toilet or is that like still alive
and well, uh, there's, there's definitely a faction here that still believes in it.
Um, I don't know if it's got much traction potentially, but yeah, there's definitely,
there's definitely that going on.
Um, there's, there's a huge effort to maintain, uh, the culture.
And so, you know, going to shops and stuff like that, um, it's strongly encouraged by,
by the provincial government to speak in French only.
Um, and at the workplace and everywhere else, you know, uh, schools, Canadian schools aren't
as well subsidizes, uh, rather Canadian, um, Anglophone English schools.
You know, they, they fund the French schools more, um, there, there's a concerted effort
and people are encouraged to be sentinels of, of the culture.
So yeah, as, as a tourist, I mean, you come to Montreal, you're not going to have any
problems.
You're going to enjoy it.
Um, if you want to live here and you didn't speak French, you'd find it very challenging
um, and you, you won't get much sympathy.
So you're just, you're, you're strongly encouraged to learn how to speak it.
It's your pilot and put a French setting, but, but then once you try to speak it and
you don't, don't you get ridiculed?
I mean, some people, like I said, some people are cool.
Um, and you know, they, they just, they, they see beyond language and they see the person,
but they're instances like, you know, I told this story here before, but at one point
my grandmother went to the hospital and she speaks Italian, a bit of French, and even
less English.
Um, but she asked one of the nurses for, for water and she, you know, she said agua, agua.
She was, and she just had like, uh, some kind of, uh, hard arrhythmia, right?
And like, and she was thirsty and dehydrated.
And the nurse responded to her is like, you see on, which is basically speak French here
in Quebec.
And like that kind of shit is unacceptable.
You know, someone's in the hospital, uh, they want water and you're going to fucking make
them speak French in order to get it.
Like, please, you're a piece of shit.
Um, yeah, the whole, uh, it gets out of hand.
Um, and some people like, you know, like people here, it's just like, uh, between the liberals
and Democrats or the Democrats and Republicans in the States, people get so caught up in
like the whole team thing where they, you know, they, they've demonized the other side
and they don't give a fuck.
They just want to be mean.
And if it's, if it's a socially acceptable form of being cruel and mean, they'll, they'll
Um, but like I said, then there's a lot of people that are cool and don't want to be
mean and want to help people.
If they're in need, um, yeah, I don't know if you haven't been up here yet, I recommend
Montreal is a beautiful city.
Quebec too.
It's, it's pretty rad.
Like I have to say Montreal is probably one of the nicest cities that I've ever been to
and quite proud to be from here.
Um, Quebec city looks really cool.
Actually.
Don't they have like a, so again, I've told you that play that sport of curling and there's
a huge curling tournament that's up there and they have some sort of amazing hotel,
like historic hotel, right?
The Promac.
It's a castle.
I want to go do that sometime.
One thing where like, like 180 teams play or some insane amount.
Well, I, Quebec city is for like, it's one of these fortified cities where like they have,
uh, like these huge stone walls that were meant to keep the English out.
And they have this thing called the Citadel, which is basically this, um, this army base
on the top of a hill overlooking the river, the St. Lawrence river, um, where they would
have cannons and the whole battalion in there, right?
And so when the English would come with their ships, um, they will get annihilated by the
Like they just have so many cannons just like firing down range.
Um, you know, until they lost, there was a, this was also like, yeah, that that's where
like the French lost, um, to the English and Canada over there was this place called the
planes of Abraham and they had this epic battle and, um, well, these days the planes
of Abraham, they exist and they're a festival site.
So they have like a lot of bands and stuff that play there that concerts and you know,
these, uh, you know, music festivals.
Um, so it's, it's, it's this whole other thing.
Quebec, Quebec city is beautiful.
They have this thing called, uh, a carnival every year where basically it's a parade and
there's all these activities and stuff.
And it often happens, uh, when it's like 30 below, it's a cold as shit and people are
outside drinking hot chocolate, freezing their asses off, dancing, staying warm any way they
And there's activities.
It's fun for kids up until like it's too cold, but yeah, it's good stuff up here.
Yeah, that's cool.
I'm sure it's great.
It's still great.
You know, but we don't get, we get wrapped up in the negative shit.
So wait, so let me know.
It's 11 45.
Does anybody, anybody want to go create a under court chief like one after dark?
Is that a thing anymore?
I will tune into whoever's, uh, my way to I gotta hit the bed in about a couple of minutes.
I'm with you.
I think I'm ready to be done.
So, uh, Friday, 3 PM chicken market.
I don't know who these people are.
Maybe your name first, your first name.
Maybe you'll be there.
I would love to.
What time is it tomorrow?
3 PM on Friday, on Friday, 3 PM on Friday.
That's right.
When I get out of work, I'll be tuning in.
I'll turn it over like, like three, 34 o'clock.
If I remember.
Well, it'll be recorded.
I don't even know.
I don't know.
I don't know enough to even know what to ask, but, uh, just to support it.
I've got a couple of moonbirds, Audrey, Audrey, like you have a couple of moonbirds actually.
I was actually talking with rocket back when like the moonbirds were coming out over a
year ago, I was moderating their discord chat for the, um, deployment.
That was, that was pretty fun.
That was crazy.
And it was, it was almost a year ago now.
And, uh, I think actually it was July, wasn't it?
It was July, but yeah.
Cool experience.
I, I'll definitely tune it Friday, 3 30.
I'll be there.
But I'll be there at 3 30.
But no, I'm going to be late 3 50.
I'll be late to the party.
Fucking acceptable.
Like on an underground, this is, I love this space.
Tell me you love this space one more time.
I'm going to have to virtually hang on to that.
Well, then I, I, I showed up like growing underground.
You can say, say what?
I just want to say I, I love this space.
I love this space.
Uh, I'll see you guys next time.
You guys.
I love this space too.
I love that.
I just want to tell you know that I, I really love this space LTS hashtag love the space
No joke today.
This is weird.
I'm going to end it in this.
It's not weird, but, uh, the, the Bitcoin cash guys, like they're actually pretty nice
They, they're having some kind of event in Slovenia and they were like, Hey, do you want
Uh, we like all this shit.
You got to say, we'll pay your way to fly out there and put you up.
And I'm like, God damn, dude, I'm just some fucking dude sitting here doing nothing.
And, uh, I don't think I'm gonna do it because I got work and shit, but I'll tell you why.
I'll tell you why they're trying to sucker me in.
No, no, no, nothing's crazy like that.
It's because they really love the space.
I love this space and hashtag that yeah, whenever mock me.
I love this space.
Everybody can speak here and including me.
Like, cause I've got someone here that wants to say something.
Oh, don't even, don't even, I don't want to hear it, Audrey.
Love the space.
It's a beautiful space.
You're welcome.
All donations to, to like, when underground go to the M web foundation, by the way, did
you see that indigo put that up today?
Oh, I know 46 like, how much was it?
That's a good amount.
No, that's a really good amount to become a coder chief.
I wish my brains, my, my brain gets fried as soon as I see all that, what do we, what
do we support?
Sad frog needs a, needs a new, needs a new bounty to support.
He's a new pair of shoes.
Uh, I'm going to buy a sweatshirt.
Oh, you want to support something?
Sad frog needs to put needs a new, needs a new goal.
We already helped a port mempool.
So the Litecoin space.org.
That was cool.
What's the next?
What are we doing next?
You and Audrey, um, create some love the space.
Tease ordinals.
And, uh, we'll use them to be like admission to, uh, like I said, some sort of event.
Oh, I'm talking about the event.
Uh, the summit is on the, during the week, right?
I think it's like Wednesday, Thursday.
I was looking at how I wouldn't be able to go and I wanted to go.
That sucked.
Bro, come on.
Are you guys going to be there on the weekend or are you guys going to leave
right like in the middle of the week too?
Yeah, the weekend, it's a Bitcoin, uh, summit.
So prices are high.
No, but I mean, you don't have to go to the Bitcoin summit, but are you guys
going to stay in Tennessee?
I'll stay there during the thing.
But, uh, no, I don't think I, I know I'm not going to buy a ticket.
I think the Bitcoin summits like a lot.
And they're like 800 bucks or something.
I can't go.
I can't go during the week though.
I really thought it was going to be in the weekend.
I was hoping.
Well, you could fly to like, uh, Cincinnati.
I could pick you up on the way down.
No, but I can go.
You get no vacation.
All right.
I can do the weekend.
You can do the weekend.
I really was, I really thought it was going to be like a Saturday, Friday,
Saturday, Sunday, like in the Vegas one, but
Hey man, it's all right.
It's hard to get it.
It's hard to get time off work.
You know, you're, you're not going to be a speaker there.
I think I am nice.
No kidding.
Good job.
I was like, I told you guys, I was like, Hey, I'll host the thing.
If you want me to host it, you know, cause last time, well, that's the one I went to.
I don't know.
It did the host, wasn't great.
He would even acknowledge that if he were in here, but, uh, and I was like, I don't
know, it, depending on who they're getting, but they're getting a lot of good names
because the Bitcoin is next door.
So they're getting some prominent people.
So I think I'm going to be doing like a panel and, uh, I don't know what that means
I don't know how long that is.
I don't know who's going to be there, but I have to come up with like a topic and
people to discuss things with, you know, what should it be?
What are the days when you're going to be doing that?
What are the dates for the summit again?
28th, 29th, something like that.
No, I'm going to be in Indiana at that time.
And I have to drive eight hours.
If I want to see you fools and I have not talked my wife into let me drive yet, but
I really want to go.
It's in the July, what?
Look it up on the, uh, like coin.org.
Cause I want to, if you're having a panel and we got a bunch of homies going, yeah,
you guys are, you guys make me want to go.
And I'm getting serious FOMO over here.
You're what you're up in.
It's 23 and 20.
I'm in New York right now.
I think it's like Wednesday, Thursday, maybe even Thursday, Friday.
I think it's Wednesday, Thursday.
And yeah, the speaker list is stacked.
Like it looks fricking amazing.
Yeah, it's Wednesday, Thursday, and I'm going to my 40th high school union on
Saturday, and I'm trying to talk my wife into driving down for two days.
This is serious stuff, folks.
I really want to meet you guys in face to face in person.
24th, 25th of July.
Go ahead.
That's terrible.
No, I was right.
I thought the same thing.
I was like, I thought it was late in the year or like later, 28th, 29th, but okay.
Pull this up here.
Wednesday, Thursday.
Wait for it.
I love the space.
I love the space.
Do you guys love the space?
I love this space.
That's the title of this space.
I love this space, right?
I love you guys.
Oh, you guys are so fresh.
I love you.
I'm sure you don't have enough clown as me.
Then you can.
Yes, I know.
I love you guys.
You're fine.
All right.
You know, it's almost midnight.
Probably time to hang it up.
But, um, yeah, your first name, Audrey, maybe we'll come up with a collection.
We'll raffle them off or we'll give them away.
I'll pay you guys to do them.
So I'm going to buy some, uh, sad frogs and maybe tomorrow.
I think tomorrow's the day.
I'm gonna buy some swag and some sad frogs.
All right, guys, take it easy.
See you next week.
I think, or see on Friday, Friday at 3 p.m.
And the next week as well.
All right, guys, have a good one.