Thursday Talks

Recorded: March 30, 2023 Duration: 0:58:36

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Oh, okay, let's get this started.
Twitter spaces being Twitter spaces as it always is How are you doing Polaris Donny?
Hello, hello, all good fam. How are you and yeah, Twitter has been behaving a lot lately. Doesn't it always?
I don't think I've ever seen a consistent span of time where Twitter spaces is working or even Twitter these days generally is working correctly. Yeah, bro, it's really bad, especially
after Elon Musk lost 20 billion trees. 22. He spent 42 so now it's worth 20 billion. So you're dividing it by half basically.
No, literally that crit is evaluated as 20 billion now. It's lost 22 billion since the acquisition.
I mean, oh first of all, what's up first? Please raise your hand and come up here if you're able to. It'd be fun to have you as part of this conversation, because as you know,
We normally discover what the conversation is going to be as we're taking it off. So having you up here will definitely be great. First of all, it's good to know that we're not the only ones left with bags that are worth much less than what we started in.
even billionaires are left with bags. The other one is I am I'm pretty sure that a loss to a billionaire is very different especially as it is probably tax loss harvesting as some
Some of the crypto people probably are very well aware of. And while first connects, what else have you guys been up to? Donnie, what's up, man? That's the joke I made, man. I made the joke on Monday when Polaris brought up the same lost that he wants. I said, oh man, I think there's finally someone who's down bad worse than I am.
I'm just doing the usual bar work over here shuffling things around to get my life together. Staying alive. What up first? I see you have a new profile picture. That's kind of an exciting development. Yeah, I want to know more about that. It's like an ordinal. Looks like an ordinal I have a feeling. Let's see what you think.
I'm up here. I've been trying to have you up there. I want to know more about this pfp. All y'all who are in the Ornals game by the way, congratulations. I have no money. So either do I anymore. So I did have a little and then I put it in
Yeah, I don't know. You know what the value is going to be long term. I do realize the value short term in terms of the monumental kind of change that this brings to the blockchain to the Bitcoin network, excuse me.
So yeah, I mean, people talk about crypto punks, you know, being now hugely influential to Ethereum. I would say, uh, ordinals are probably the same thing for Bitcoin, but that's just, you know, and this is coming from someone who doesn't own one. Um, that's my thoughts.
I think Donnie's got...
Donny would have more to say on that. How's it going, Donny? You alright, bro? Good. Everything's great, man. And I do have a little bit to say on that. I wasn't trying to dominate the Ordnance conversation, though, but I guess it's been dominating my life a little bit. So I can share the very small amount that I know about it.
Like every other ecosystem where people are jumping on speculatively to flip things obviously because the ability to do so is there the permanence of all of these inscriptions and the way that they're categorized is different than any other NFT.
that we've seen so far because the inscription number is locked in forever. If it was the first thing inscribed, it will always be the first thing inscribed and it will never go away until someone either tries to spend it as money by accident, which can't happen.
So, everybody electricity stops on Earth. Those are the only two ways that an ordinal can be burned or lost to time. So I think there's something about the permanent something that is worth talking about just ideologically, you know.

FAQ on Thursday Talks | Twitter Space Recording

What is the topic of discussion on this podcast recording?
The topic of discussion varies throughout the recording.
What is Twitter Spaces?
Twitter Spaces is a feature on the Twitter platform that allows users to host audio conversations with other users.
Has Twitter Spaces always been working correctly?
No, Twitter Spaces has had consistent issues with functionality.
Who famously lost a large amount of money in cryptocurrency?
Elon Musk lost a large amount of money in cryptocurrency.
How much money did Elon Musk lose in cryptocurrency?
Elon Musk lost 22 billion dollars in cryptocurrency.
What is tax loss harvesting?
Tax loss harvesting is the practice of selling assets at a loss in order to offset other gains and reduce taxes owed.
What is the importance of ordinals in blockchain?
Ordinals are important in blockchain because they have a permanent inscription number that is locked in forever, making them unique and ideologically valuable.
What is the difference between ordinals and other NFTs?
The difference between ordinals and other NFTs is the permanence of their inscription number, which is locked in forever and cannot be changed or lost.
What is Donny's opinion about ordinals?
Donny thinks that ordinals are important in blockchain because of their permanent inscription number, but he does not own one.
What is the general tone of the podcast recording?
The general tone of the podcast recording is conversational and lighthearted.