a Kate journey, right? I'm at the end of the film. I'm getting out. I'm fucking off.
Like, that's me. Like, we need dad to come back and do the Michael.
Welcome to Game of Nodes, a weekly podcast from Independent Validator Teams.
Yafida, welcome to Game of Nodes, a weekly podcast from Independent Validator Teams.
And you can see the two absolute different ends of the world. We're sorry to those that are listening
later on in podcast play, but I just picked up a glass of a pint of Guinness that's on my desk.
It's very, it is late in the evening. It's time to start coasting down towards a alcohol-fuelled
horizontal time, which may or may not be sleep. And I'll smash in the coffee ready for a hard
day of degeneracy. My third one in the last 45 minutes. You know, you've got to keep that
degeneracy locked up to lunch. So I hope you're going to have like some fucking oats or something,
some porridge oats after your three cups of coffee. Yeah, what are you talking about? Three
cups of coffee in 45 minutes? Oh my God. Yeah, it's usually just, I usually have a couple back
to back, but I had meetings this morning and like, I don't know, I'm on the struggle bus at the moment.
I've been dying real bad in the afternoons too lately, like about two o'clock, just been going
downhill bad. Yesterday was bad. I had two networks to like do some stuff on and I'm just like,
ah, fuck, tomorrow. I mean, you could just, when I had my first job, I always used to like hold
off on lunch till two and I found out it was fucking magic because you get a bit crabby for
the last like half an hour or so before lunchtime. But yeah, if you could just like make it that late,
you'd kind of still have that sort of like coffee and breakfast or fasting, if you're
fasting kind of energy up to about one, one, 30, you'd be dying, absolutely dying for that last
bit. You just hold on, then your lunch hour takes you to like three and then you're into that fucking,
you know, after lunch, you get fuck all done. So effectively after lunch, you're just like,
okay, well, I may as well just fucking chill. Like I'm not going to get a huge amount done,
no real brainpower work here. Yeah, essentially about like 430, you get a little pep and you just
be like bang out 45 minutes solid work, set you up for the next day and then fuck off home, basically.
I appreciate that method, but I have to eat like every half hour to hour. Like I'm just constantly
grazing. If I'm not like my mood, I was going to say my situation is fast. Really? Yeah. I eat all
morning. And so like, I start eating when I wake up, I have like protein shake along with my two
coffees. And then like half an hour later, I'll have like some yogurt, then like a banana and then
like, you know, I'll eat an apple and then I'll have a fucking nuts up here. I got those little
rice cake things that just eat that shit all day. But I got to have lunch like about between sort of
1230 and 130 because you know, that's when I like to have it. I need that energy by like,
I need that energy to hit at about three o'clock. So and then after three, I'm just fucked.
Yeah, that's what I go through me as well. And then like, if I'm really feeling good, I'll go on a
bike ride first thing in the morning and I have energy to all day long. But if I don't do that,
yeah, it's basically the same as yours. I used to run in the morning and I found that like
really good for my energy. There was a period where I gave up coffee and used to run every morning.
And that was really good for my energy at that period in my life. But I don't do that anymore
because running is hard and I love coffee. I find the exercise definitely helps. Like, but I don't
know. Yeah, if I do intervals in the morning, then I have to eat something pretty much straight.
After the last time, just totally fucked. Cause I'm so poor on time.
In intervals in the morning. Yeah, what are you talking about? I'm talking like zone two where
like you're barely pushing forward at all. Oh, yes, I do. Because I have so little time, I only do
basically VO2 or sprint training. I don't really like like zone two is for pre baby fray. That is
the thing that I used to do. I don't get to ride outside the weekends at the moment anymore.
And I have, I'm basically just trying to maintain 270 watts FTP. That's my goal for my first year
of fatherhood. And the only way of doing that with three hours a week is 100% intervals.
So it's only VO2, like five by fives or yeah, like 40, 20s. Like if you do top of inter intunary
or muscular like 40, 20s, microbursts, 20 second 20 second max sprints, which are absolutely
disgusting. So they're 100, I think 170%, 180%. You're averaging 170. What's the story?
You're averaging 170 functional. No, my FTP is 270. FTP is 270. Yeah. So my racing FTP was 310. So
I'm way down from that. Like, but I'm just trying to stay within hitting distance of
racing FTP so that I can maybe get back to racing next year is my plan. So I'm gonna do some really,
really long endurance rides that I've already got planned for next year. Probably do the coast
to coast in a day, which is where you ride from the Irish Sea to the North Sea on midsummer's day.
It's about, it's been about 200 miles, something like that. What's the difference between FTP and
average power? I thought those were the same thing. So average power is just a straight average
functional threshold power is your second lactate threshold, or it's supposed to be
approximately your lactate threshold. So it should be all other things being equal,
roughly what you could do for an hour at maximum method, if you're only doing an hour,
and if you completely empty the tank. So for me at the moment, if I'm just like doing an hour
hill climb, I'll probably do about 250 for an hour. But if I went harder, I could hit 270.
CB all right. What does that 250 represent?
ACK What?
ACK Oh, what's right.
ACK Yeah. 310 is insane. No wonder you did that 100 miles so fast.
ACK Geez.
ACK What's your heart rate when you're doing that?
ACK Which one? Sorry.
ACK Like the 250?
ACK So 250, I guess my heart rate probably sub thresholds about 160.
ACK Oh, yeah?
ACK My threshold heart rate is 165. My max heart rate is about 188, I think it's the
highest I've ever hit. But that's the point at which I literally can't turn the pedals any longer
and I fucking die. ACK So when I used to run more often and would monitor that shit, my max heart
rate is about 212. ACK Wow.
ACK Everybody's heart rate is pretty different. Unless you're a professional athlete,
you want the main thing you're worried about is relative to your resting heart rate.
And whether or not it comes up and down in the pattern you expect for your power zones, I guess.
ACK Yeah.
ACK So yeah. I mean, when you're doing hill climbing like races, you just straight
immediately into like 170. But for me, like 170, 172 or so, I never monitor it because it would
just freak you out. But you're just basically trying to keep it under control so you don't run
out of oxygen and pass out. Which some people, you'd see the odd person who does just black out
doing a hill climb race, which is kind of funny.
ACK I've done it. It's crazy. It's not fine. It is not fine.
ACK I saw a guy blast through the finish line so hard and so cross-eyed that he just
cycled straight across the finish line into a ditch and just like flew off the bike.
And like from the ditch, you just hear like this panting, I think he might have been sick.
And then because it's grassy, right? It's in the hills, whatever. And you just hear him shout
out of the ditch. Did I get it? It turned out he had won. He had won. Like they checked the time
check. He was the last one up because he was seated first as well on that hill climb. And
he got it by 200th of a second. Yeah, pretty crazy. And to give you an idea, this was when I
was like racing. Yeah, FTB was like 310, which is not great. It's okay. It's like mid-pack
for kind of nearly a veteran now. The winning time, I think on that, which was a five-minute hill
climb was, I think, a minute and 10 quicker than me. Like even in the amateur field, the spread of
times is absolutely bananas in bike racing. It's just absolutely crazy. But especially hill climbing
because there's a lad in our club who's amazing. He probably will. There's a good chance he will
one day be a pro. He started riding that season, which is a couple of years ago now. He was 16.
He was like 54 kilos. I think his FTP was about 240-250. But I think he went up there like 45
seconds quicker than me because you're just like power to weight ratio. That is insane.
Like that's like a bottle rocket. That guy is so, he is so strong.
I didn't have a, during my race, I didn't have a climbing bike. I actually wasn't aware of this hill.
So it was about, I want to say 22 degrees. And it was really intended for sprinting my bike. So
the rear mech was 30 teeth and then the front was 44. So the lowest I could get was one and a half.
Was the ratio of one and a half. So you couldn't climb. And so it was like a mile long and 22%.
I made it like halfway and just tipped over. So I have, because I'm an idiot, my race bike is
geared for flat. And so it's a 44 effective 27 at the back because it's from a period where
27 was the biggest you could get. Whoa, that's even worse than mine. Yeah. So when I did the
Fred Whitten in the Lake District, which is probably the hardest sport even in the UK,
after 100 miles, you hit this final climb where it's 33%. There's three ramps, I think of 33%.
Well, the peak is 33, most of about 25 or so. On a mountain pass called Hardenot Pass, it's a very
tricky bit of road. And by this point, you're already pretty, you're tired, you're ready to be
in the shower. And then you, I cycled Hardenot before, but I'd just ridden over to it, ridden up
and down it both ways and be like, eh, okay. It's all right. It's pretty hard. But I'd done that on
my touring bike where I have like, I think at the rear, I have 30, I think it's 30 at the front,
34 at the front and 30 at the back. So it's a much easier gear. And I was like, this is all right.
Like this time after 100 miles, I was like, I got like, in the beginning of the climb at the
bottom, and I instantly shifted down to my smallest gear, I was like, right, okay, this is the only
way we're going to get up this. And then within 10 or 15 seconds, I was like, well, this is going to
be the most painful thing I ever do in my life. Okay. This is going to be a horrible 10 minutes.
I cannot believe you made it up there without gearing.
Yeah. I'm going to do that same thing next year. But I am going to change my entire, I'm going to
change the lower chain ring. And I'm also going to change, I'm also worked out, we have jeery rigging
like a 32 or even a 33 on the back. And so that's what's going to happen.
That's still pretty narrow on my, on one of my bikes, I have 48 in the back.
Yeah, we're three four.
It's, you know, medium cage. So the big, I mean, even 32, I'm pro, I'll be able to change down into it.
But when I get to the top of the hill, I probably have to stop and manually shift it back up.
Because I don't know if the medium cage will be able to pull the tension,
shift it back up, we had to drop it all the way down. So that's my, that's, that's my plan for
getting up high. Because the thing is, like, you're like, got up it fine. But I was like,
eight minutes adrift of the time I did it last, which granted I was a lot fresher. But I was like,
you know, my, I think my RPM on it was like 55, like my cadence. So it was, it was grinding it up
at the absolute. So like, you just like, if you just have an easy gear, you actually just can get
better cadence, you can go quicker, it's easier. There's a whole bunch of reasons. Because if you
just after 100 miles, you don't have a lot of that neuromuscular energy, you need to push
the big gear, you might still have some aerobic fitness you can lean on.
So like when it got to the ramp, so I was just having to basically out the saddle sprint as
hard as I could against the grade in the lowest gear, just because I didn't have any, I had nothing
left. So I knew if I just, if I just kept trying to grind out the cadence, I was just going to have
to put a foot down. So I ended up like sprinting and then trying to recover in the corners because
I hate hairpins and just like, like inch, inch forward on the corner almost track standing and
just get 15 seconds of rest. And then anyway, I don't know really how it got into this.
So cycling's fun, racing's cool. It's time for Null's News Corner.
We need to talk about this.
Fuck off with that banner. I'm going to fight you on this one today. I hate it.
You mentioned a bottle rocket and I just wanted to tell you a quick little story about bottle rockets.
When I was anything that more fucking exercise talk, I would honestly rather listen to you guys
just scrape your fingernails down chalkboards than hear more about pedaling bikes uphill.
You wait at some point, she'll see how I'm going to get together and then you're just going to get
in the group shot. It's just going to be like, here's a picture of us with a hill on a bike.
That's right. Here we are. We got a little hat on. Here we go.
That she could helmets.
Well, hold on though, because I did just get a little hat. My cycling cap is like modeled after
Nickelodeon. So it has like the Nickelodeon squigglies in the 90s. Yep. That's awesome.
Love it. I remember those from before helmets were invented.
Yeah. That's cool to casket.
Is it? What is it?
The little cycling cap. Are you drinking tonight?
Oh, all right. Are you drinking tonight, baby? Are we drinking tonight? All right.
I've been over-riding for a couple of days. So now I've been trying to do as little work as possible.
What's new? I've been here for 20 minutes. I was just zoning out from that shit.
I had to go look up what FPM was. Or no, what is it?
FTP. FTP. Well, I know what FTP is, but I was like, is it? I gotta fuck the pedals?
Like, I don't know. What is this actually mean?
Can very much be fucked the pedals? Yes. Is it slang? Sorry.
My bottle rocket story. So when I was at college, we had to write a program in Matlab that would
estimate what you were given a target for a bottle rocket. And you had to like
calculate all of the parameters, like the amount of water, the amount of pressure,
the angle of the dangle for the launch, taking into account the weather, the distance from the
launch pad and the target area. That sounds like partial Diffie Cues.
The angle of the dangle. The competition was to like...
Nowadays, you just did a curve or space program, wouldn't you?
Yeah. This project was for like making the bottle rocket land.
It was pretty fun. I did well.
Where did that come from? How do we get on that conversation?
The Frey mentioned the bottle rocket at some point. I wrote it down.
All right. We can talk about Matlab a little bit too, because I love that.
I just watched the thing about... Did you guys ever use Wolfram Alpha?
Did you guys ever use Wolfram back in... No, I used a little bit too.
There was no Wolfram Alpha back then. I still use Wolfram Alpha.
I used it in college. Yeah. Yeah. And now it's like totally different, right?
Because it's actually a little bit AI-ish. I just watched this video last night of...
I could put it in notes if anybody wants it. But it was Wolfram...
Wait. What's that guy's name? Is it... I can't remember the founder of that now. I'm blanking.
Dr. Wolfram 359? No. Think of it. Something in the notes...
Or something in the challenge notes. But anyway, he did a big...
Like a long talk on like integration between Alpha and ChatGPT.
And how the role of these types of LLMs and how it fits into these types of things.
And Alpha has got a long way. All that stuff is even the last 30 years since I used it.
But it's pretty crazy when you start adding these things together and you start using
like natural language to communicate with that and not having to talk the...
Well, I always struggled with the speech structure of how Wolfram needed to be able to
have that data and how it presented that back. You had to know its language a little bit.
And once you break that down, that thing was crazy.
He was doing some really cool shit in that video. So he's a pretty interesting dude.
I don't know why I talked about that now. But anyway, the MATLAB brought it back to me
because that was a fun toy too. MATLAB is pretty fucking amazing if you like.
Can be bothered to learn all this stuff. It's... Yeah, man. It was...
But I think that's a pretty cool thing. Like not only ChatGPT as a thing,
because an LLM just goes and scripts it and that and brings it back. But now ChatGPT is an
interface to some of these other tools that you had to learn language. And now you're
getting rid of the language, which I guess is no different than the code integrations on ChatGPT.
But to now use those incredibly powerful tools with a really strong LLM in front of it that
knows how to interpret, I think that that's fucking crazy cool. Because some of those tools are just
regurgitating. But that's not regurgitating. That's just using the real strong understanding of...
So I feel like that kind of takes away part of the fun of MATLAB, which is like sitting around
with your teammates for two days drinking piss, trying to figure out how you're going to attack
the problem. It sounds like you're an Emacs user. Hey! But I'll say yes. Part of the fun is actually
knowing. Part of the fun is the suffering. Otherwise, what is the creative process other
than suffering? You really haven't been a Linux user unless you've had to reboot a server because
you haven't been able to get out of VI, right? I don't get it. So I had a thing recently where...
I come up with a reason, but there was no fucking escape key on the keyboard I was using. And it
wasn't just phrase, stupid, ergonomic keyboard. Was it the Mac that they put it in the little
screen thing? It was some bullshit like that. I think it might have been the Touch Bar Mac,
and then it had an error on the Touch Bar work. And I literally just fucking trapped on the server.
How do I change this? I was like, I can't fucking escape from this editing. I've just
dropped into in VI. Did you decide to unbond then? I just opened a new terminal.
Can't get out of this session. I guess we'll just unbond off the terminal.
I guess we're off Stargaze. Yeah, I just said to the lads, we no longer violate this network.
That's an inside joke because there was a Stargaze upgrade this morning.
And I think we couldn't... Wait, there was a... I hope you guys missed the upgrade. And then I
think it woke you up or you were doing something. Or it was late last night or whatever it was.
So we already saged it. And I was fucking certain. I look back in my notes for the week, right?
It says Stargaze upgrade. It's got a fucking strike through in pen. What has happened here...
Perfect. Somehow is that... So directly underneath it, there is Fill Hole in Wall.
Right? There's a hole in the wall. There's now no longer a hole in the wall.
Because you punched a wall before the Stargaze upgrade?
It's because it turns out we had some building work done last year, and they didn't fill a hole
in the wall that they made. And I couldn't work out why one of the rooms was fucking freezing last
winter. Like fucking freezing. There's a real draft in there, man. And I was like, fuck, what is
the deal in this room? It used to be nice and toasty. There's condors living in here. What the
fuck is going on? Yeah. And I was like, how is that house? I was like crawling around to scrape.
That was like this, this fuck. Not important. For whatever reason, I had some things to do
outside. It meant I was on my hands and knees with a fucking screwdriver to sort of sting by
the gate, right? And I was like, wait, what the fuck's that? There's a fucking hole in the wall
the size of my fist going all the way through the outer wall.
So you can see outside. Yeah, yeah, yeah. Just fully. You can see the floor joist
and then the floor on the top from the fucking outside. And I was like, well, that'll do it.
That will fucking, that will 100% do it. Like, lucky it was just high enough
that probably no water could get in. But I was like, fuck, that's a massive oversight. That's
been open. That is a higher fucking winter. That is bad. So that was on my big to do list,
like fix up this week. So I did that. But family living is upgrade, strike through,
fill hole in wall, not strike through, but hole in wall was done. I know that's done.
You know, you've got fucking whole. You've struck the wrong thing. Exactly. When you put one and
one together, you get probably seven. All right. Yeah. So yeah, put the filler in the wall,
put the fucking old mistro a Bish bash Bosch, clap myself on the back, struck through the wrong
thing, cracked a beer. And that was my yesterday or the day before. And then that's why our Stargates
Upgates failed. That was a precursor to today. So it goes off. And then Jorge made it where I
think you need to go 121, but you were trying to build it or it was it was failing or something
like that. I think you gave it like five minutes. You're like, maybe we'll unbond.
That's valid. That's valid air 2023. Like, well, one small problem. We're out. It was one of those
things where you just like every upgrade. Like, is this worth it? Just you have a mirror like
sitting right next to your desk. And then when that fails, you look in the mirror, like, is this
the day? Are we done people? Is this the end for zombie Shakespeare? I think there's a kind of
there's a certain type of British fatalism, I think that really does not gel well with validation
where you're just like, you know, something really bad happens and you're like, well,
I guess we deserve that. And like, you know, like there's the phrase like, oh, we had a good innings,
you know, like, you know, the British have invented a lot of sports and then are like the worst or
the sometimes the worst in the world at them. But often like the second or third best like
cricket is a prime example, never fucking win. Do we invented that one? Never fucking win.
But you know, batting collapse against us. Well, to be fair, actually, I will say the ashes this
year, the turning point was actually when Australia won a test by default because of the
weather. I think without that, England would have actually won the ashes. So to be fair,
this wasn't like a massive thing. This was a minor inconvenience. It was a minor inconvenience.
And literally like 80 seconds. What you're missing there is that we would have wanted anyway.
Did you see what happened the test after where we absolutely roasted you but couldn't win because
of the previous test where the weather stopped play while we were roasting you and so yeah,
yeah, look, sometimes you just have a bad day, you know. Well, I mean, we had a good at eggs.
What'd you get it to?
All right. Anyway, you're still in Stargaze. Congratulations. Oh, yeah. So I missed that
upgrade as well. But to be fair, I just thought that you're so tired. It was your excuse.
I didn't mind. So that was an ultra pain in the ass because I get the alarm at 1am and up and at
them instantly as a good little operator. And seven hours by then. Hey, I'll find out that
you've been asleep for at least five or six hours by that point. Yeah, I went to sleep 10. So
I'll find out them three, three hours. Anyway, parking go 1.21. Come on. What is it with
locking down the go version these days? I don't know. I have to worry about it too because it is
1.21. Oh, it just came out, right? And so I was like, I'm like, what are you yoloing in here?
What does not work? So it seems like almost every fucking binary I compile these days,
I have to get out Ansible and rebuild the go first. It's just... Don't you do those upgrades
via Ansible anyway though? Or no? Or do you do them by hand? No, I do all upgrades manually.
I just haven't Ansible it yet. So when I do do the Ansible, there will be like,
I think I'm just going to do a go version in the upgrade these days because it keeps changing.
So I have it globally, then I set it per chain. So if one chain needs something,
the only issue with that would be it just keeps reinstalling go every time you have
a next binary, but it's not a big deal because long ago it was Ansible. Wow, you're grossly
incandescent over there. You have to close that one again. I know, I'm afraid to.
If networks use a hard go version, I typically just download the binary. I'm not putting up with
this. It's a pretty good idea actually. It's actually not a bad idea. What do you do?
If networks enforce a go version, I'll typically just download the binary directly.
Yeah. It's not always that they provide it, but typically you are. And if they don't, then
I throw shit in their direction. I'm like, hey, you should do better next time.
I like Larry suggested quite a good couple of step bash scripts in the chat because you,
in Stargaze, because you know, it's not quite deterministic because it's garbage, but you
roughly know that the go version will interpolate cleanly into the go website to get you the version
you're after. So worst case scenario, it is quite easy to script that in a bash script. So what
I was just like, oh, that's a really good idea. I haven't thought that before. But we tend to do it.
We have a bash script that's essentially the original, you may remember, if you're
validator, the instructions from Juno, which have become the kind of boilerplate instructions for
a lot of chains now. Also, fuck you, man, with that goddamn Damon home bullshit. Fuck that annoys me.
Who's that director? The JNL internet?
The JNL internet. Back in the day, he put in the first Juno upgrade when doing it with Cosmovisor,
he puts Damon home instead of home.tunis. Yes, because if you're using Cosmovisor,
Damon home is not going to be the same. Are they always use that? Yeah, but or might not be the same.
If you're using attached EBS, if you're using attached, like network stores like EBS now,
you're not going to have the home be in the home. You're going to have it being the Damon home,
usually at slash network name or something on the attached block storage.
Oh, like it sounds like you're probably the only one who has that.
Think of the AWS users, goddamn it. Some of us are professionals and use like,
you know, cloud services. So, no, I don't anymore, obviously, because it's what you think of the
cloud people. I think of cloud people, the cloud native people who might be doing things in a way
that's non-standard. You cave men bashing together metal. Yeah. Dr. Frey has thoroughly
let his standard slip over loss. I have like nine layers of abstraction and you only have two layers
of extraction. So when there's nine layers of abstraction, you can't just throw. I get a lot
of shit about this. Okay, for all the Cosmov stuff, fine. We're on bare metal now, whatever.
Second year of the bear market. We haven't made any money in a year in Cosmos. Fine. But I genuinely,
genuinely wake up more stressed every day now because we have moved other networks off to servers,
off to bare metal. Yeah. That's in your head though. Well, did you set up the monitoring that I sent
you a link to? I set up a different monitoring because that solution, I was just like, this is
this is a lot of stuff going on here. It's like, if I don't instantly understand,
if I have a very low tolerance for a thing being like, I'm like, somebody has built this for their
own needs. I can just write my own from scratch. So I understand it. I do the same thing. I've built
monitoring boxes a lot of times. I basically, I started doing it and I was like, you know what,
I fucking hate building monitoring boxes. And there's a reason why I worked as an infrastructure
engineer for a couple of years. And then I went back to being a programmer because I don't fundamentally
want to do too much fucking around with infrastructure. So I just punted it all to Grafana Cloud.
And when I actually don't care about the Aptos, this in case we're talking about Aptos metrics,
I was like, I'm going to make a call here as a business that we don't care about the Aptos specific
metrics for observability. We only care about the system level metrics like usage network,
all the stuff you get from NodeExporter, which is a much lower cadence. The great thing about it
being that you can fit it, you can fit like a load of networks, NodeExporters into Grafana
free tier, Grafana Cloud, that is, you just punted a Grafana Cloud done, don't have to run anything
yourself. The Aptos monitoring is incredibly chatty. It sends so much stuff. You will blow
through the free tier on Grafana in about five minutes. It's insane. It sends so much stuff.
It's a big boy. Exactly. And you'd like, well, actually, what we really care about from the
75k every pull or something like that. It's something that's fantastic.
From the Aptos binary, all we really care about is number going up, really.
Right. Yeah, that's really all you care about.
Here is like everything else. So we have alerting for number of peers is number going up.
Every morning, we have a round robin text at six o'clock in the morning, UTC.
Every network we're on, the round robins, all of the company pages, pages, their phones now,
right? It round robins all of them with here's the network that I'm calling you from, like the box,
plus a selection of metrics we care about. Just say, hey, I'm alive. Don't worry about it.
And then the same at six p.m. UTC as well. So we have that, which is like, hey, I'm alive.
And then we have Grafana, which is running all of the Grafana Cloud for all the node
exporter metrics now. Because I did the worst of both worlds where we sunset Grafana Clouds.
We're going to run our own monitoring box, set up a monitoring box, did all the configuration,
was like, this is a massive pain. We can't bother to maintain this. And I realized it was going to
fall to me anyway, because obviously I'm not going to pay one of the other outside contributors
to do the monitoring box because it's like the easiest thing of the things. And I was like,
oh, shit, I'm just going to be maintaining this forever, actually. So then ended up crawling
back to Grafana Cloud and being like, looking at the usage and basically adding networks and just
watching it creep up towards the end of the free tier and because Grafana Cloud also goes from
like free to like $500 a month. It's there's like absolutely no in between. So you just like creeping
up and then you get like really close and you're just like, okay, well, this is the little while
ago. Obviously we don't need to send passage metrics to Grafana Cloud.
And Stargate's upgrades, you can take that right off there too.
I was going to say, it's a very, I don't know, is it a British thing or a fray thing
to be both incredibly stressed out about the use of bare metal failure-prone hardware and then
also simultaneously getting annoyed with an upgrade for five minutes and saying, I'm going to unbond.
Like those two things do not really go together. Is that like, is that a cultural?
Oh, it's back to the, it's back to the, you're always expecting the sky to fall. So, you know,
there's something bad about it. Did you unbond Stargate's? It was joking. It was
fun. It was deadpan humor. I'm out. No, it was just, I was doing something else that was
more, because it was evening as well by that point. I was about to put pizza in the oven.
I was like, kind of done with things. I was like, I've got a couple things I want to do before the
product. Was your situation any more inconvenient than it being at 1am whilst you just had 3am sleep?
Well, yeah, but like, if it was at 1am, I would have just fucking not done it.
Clearly unbonded at that point. Yeah, just unbonded.
Nice shit. Where's my ledger? Yeah.
Oh, fuck it. Like, I've gone to the bank. Hang on, you can't go to the bank in the middle of the night.
I feel like the phrase backup script is just auto unbonded.
Yeah.
The last line of defense is auto unbonded.
It's just, it's just, it's just PS orc's grep cosmo visor anan kill 9. That's
RM-RF.
So both that exists and you have the wall keys sitting underneath like in a Swiss bank account,
you have to actually like fly on a plane to get to both those things. Both exist at the same time.
Right. I can, well, you have to off see that unbonding to a different wall is the thing.
That's right. And that, that those keys are in a different bank.
You have to go somewhere else.
That's the particular thought is located in a, on a Raspberry Pi in a bank vault.
I mean, look, okay.
I think it's the internet.
For a lot of these chains, genuinely, unthecetiously, I think the reason I made that joke as well
was because I saw on the, I saw in the chat like a new validator being like,
being like, let's see who fucks this up and then doesn't come back up. And I'm like, haha.
Was it that, was it a period, was it a period nodes or whatever that is?
I can't remember. It's like, fuck it.
That guy loves that steak and masturbate.
Or he just, he just goes to upgrade channel to upgrade channel to see who doesn't go up and then show
like, what the fuck? Just one thing.
He just started to, he just started to, like,
There's just a shit on it.
I mean, like, yeah, basically like some jibby small balls.
It's just like, when will the foundation take care of this?
Was like having a bit of chat.
I was like, you know, bub, bubba, maybe 30 seconds, maybe, maybe,
some of us only give a shit about networks that make money.
Yeah. Or maybe I'm in bonding right now.
Maybe, maybe some of us don't work for free.
Oh, apparently we fucking do.
So, you know, that's why this is like a frustration because instead of eating pizza,
which is what I wanted to be doing, I'm trying to work out why the fuck system D is crashing out
immediately after 15 milliseconds, a crash loop.
The answer was human, human stupidity.
So we go through various stages of blockchain, right?
I think we're at like Ball Lake blockchain marketing at the moment.
Marketing. We aren't marketing.
Speaking of that, let's get to the news.
Ah, the news.
So actually some, I mean, everything that happened this week is more of just like funnies.
So did you guys hear about the Osmo thing?
It's pretty funny.
Well, it's probably not funny to anyone who.
Wait, is this the, is this the lone thing or whatever?
You told me about it, I think.
So there was a, so allegedly an Osmo dev because I've heard people say Osmo dev about this thing
a lot, but I've not actually heard anyone say who the Osmo dev is or how they know it's an Osmo dev.
I'm sure Brahma's going to chime in here, but presumably it's some sort of wallet that's
apparently an Osmo dev wallet.
So this individual or entity or whatever wallet took out some loans with Osmo against USDT on
Umi and Mars, which is actually quite smart if you want to dump your token without dumping your token.
So you can, you know, borrow against it and just let it get liquidated at some point.
But anyway, so they've borrowed one and a half million USD against their own.
Always question when that loan gets liquidated, like, so I'm a DeFi idiot.
Like I don't fucking understand DeFi.
So they've got the USD, right?
Or USDC, presumably whatever they've converted it into, right, that loan.
They've secured it using Osmo.
That's right.
Is that that way?
Yeah, Osmo.
Yeah.
Oh, fuck Lord, I was wondering.
What's, why do they ever need to pay it back?
Like they can just ghost, presumably, right?
So you can just let it get liquidated.
I'm going to fuck off, right?
And then fuck off, right?
There's no, like nobody's going to collect.
Yeah, nobody's going to collect.
There's not.
So the funny thing, shoot, shoot, shoot, shoot in the comments says also no taxes.
And as we're at taxes aficionados, I want to know, do you have to pay the tax once you get liquidated?
How does that work?
If you put up your Osmo for a loan and then you get your USD, run off with it.
It's lost, right?
You just lost tokens or what?
Hey?
Yeah.
It's just lost tokens at that point.
Is a liquidation event, like is that a taxable event?
I don't see taxable what?
There's a small amount of value being removed, right?
I don't know.
Good question.
For those listening on the podcast, everyone is just sort of staring at the camera,
deep in thought, she'll see especially.
Especially ask my lawyer and or accountants and or our finance guys.
I think all of them would say, please, if you're thinking of doing this, do not.
Yeah.
So that's true.
Yeah.
So who owns that debt?
Who owns that debt?
So that's a debt.
Right.
Community.
The protocol.
So protocol is a debt, right?
Yeah.
And then it just gets liquidated on market, I think.
So this, so if you think a token is going down, you, you take out as much possible
loans as you can associate to that because they are completely.
Well, I guess when you take out a loan to you, don't shift the needle.
I don't know if like, well, you over collateralize the loan, right?
So you're always going to put up more than what it's worth.
But I mean, it's ahead at that time.
Yeah.
Right.
At that time.
But like if you, if you think it's just dropping, then what the hell?
I mean, that's basically going short, right?
Isn't that basically by definition of what it is?
Well, it's, it's like going short with a pretty big spread.
Well, isn't it short as a payment?
Short as a payment.
The fucking risk because if you, if you didn't give a fuck about your collateral, then you just walk.
Well, I mean, if you short, if you short a position, it's usually you don't own the, the.
Correct.
It's, it's a, it's a promise to, it's a promise to buy it.
Right.
They're short.
But because you get, presumably you get the USDC or whatever, do you get it straight away?
It's unlocked slowly or how does that?
No, you get the, you get the, you swap it for the USD straight away.
But no, surely not.
Because, because then otherwise the protocol is broken from the get go because.
So I have the collateralized and then it's liquidated once you hit your liquidation.
Right.
But overclassified by how much percentage?
Fair, fair.
Yeah.
Right.
Okay.
But if I know Osmo is going to go down, right?
I am an Osmo dev.
I know the price is going to go down, right?
So I put up $1.5 million in Osmo, right?
To get a $1 million USDC loan now, right?
The Osmo is up.
I can then immediately goes to Aruba or whatever with $1 million.
And I don't give a fuck.
So it is nothing like short.
There is no risk to me if I already know that my asset is fucked.
Correct.
If it goes up, if the price goes up, you can theory pay that back because you know that you're
getting, you're getting that asset back.
If the price goes to shit, you have literally no consequence.
So it's more of a hedge that you pay a little bit of interest for.
It's probably like insurance, right?
It's an unsecured loan that really has no repercussions, right?
I mean, it sounds pretty sweet.
My brain is a bit broken.
This is even a thing.
I don't know shit.
I mean, I try not to borrow anything.
That's my, I try not to borrow anything ever.
I'm a cash guy.
The very, very minimum, the very, very minimum.
Like credit, I'll carry balances on credit like month to month, like I pay every month type of thing,
right?
But I don't want to, but I don't want to like, I don't want to take out loans if I don't need them.
Like I don't want that.
I've never even had a credit card.
I have presumably no credit rating.
I have, I have a good credit.
I mean, we have whatever other than homes.
Like homes are like, you got to, you know, you got to do what you got to do.
Um, so like that idea is crazy.
Here's a good point.
Don't pay it back.
If Osmo goes up, you can take out more because the leverage drops.
Yeah, this is cool. This is good. I don't see why the regulation people want to get in on this shit.
Doesn't make any sense to me.
It's genuinely, genuinely we must have misunderstood how this loan.
We must have.
Yeah.
It must be something because this is astonishingly and obviously broken.
I mean, I've seen quite a few Twitter posts about like people that will then do like
loops of loans to get a lot of things going, and that's basically what happened to Tara, right?
Like Tara is basically yeah.
Yeah.
Well, that was a big compound thing, right?
Yeah.
You just take that amount and you go alone again and then you like you keep doing it over and over.
Right? Yeah. But you got paid the compound shit coin for like the loan and the the
loan borrow. Yeah. The borrow as a borrow and as a water and the loaning you got compound force. We were like,
circle Jack myself off till I fucking die.
Yeah. Going with the dollar we'll get with 400 shit coins. So Rama Rama. So yeah. So Rama says he does
it's confirmed that is a dev. So that so that piece so that's not so that's not great because
so is there any any resolution like is there a plan on what and how much was it was it? It's
a pretty big number right? 1.5 million USD.
Perfect. Lovely. Should be no problem pulling together no problem. No big deal.
Well, should be no problem. Is it I mean is it a big deal presumably because it's getting liquidated
at the moment right? And since that person is known that the price will get tanked because of the
liquidation but it's like right. I don't think it's like it's an instant liquidation like it
liquidates to maintain the it liquidates in tranches right? It's like it's like options expiring or
something like that. So since that person is known or at least probably through the osmosis
foundation slash protocol. Let's let's clarify. No one to Rama. Okay. No.
All right. So if he knows chances are internally osmosis they know. Well, they would know.
Of course they would know. Yeah. So if so internally does does that group take action
against one of their own dev slash employees due to this because it's harmful to the protocol and to
their business? Like do you have an employee taking a massive financial risk and letting it go to the
point that it could cause undue harm to the company? So as an organization that is a company that
does have employees and has revenues. Would they take action on employee in this situation?
Look at what crazy fucking loss it would have been. What can they do? It's their financial
position like if you were the dev you'd be like, yeah, okay, I'll take my $1 million. I don't know
if you can go fuck yourself. Look at it from this perspective. It's not the company's money.
It's his money. Yeah. It's a decentralized protocol. The protocol exists to be used.
If you want to use it in a way that you get the principle of boys will be boy is the
blinds. There's a bunch of legal precedents. You know, Habeas corpus, yada, yada, yada boys
will be boy is this is boys will be boy is all the fucking way. Is it the inside of training?
Yes. Is it inside the inside of trading? Claxton, the regulator, we hear in a second.
She'll see we never say that. You know why they can be knocking down your door in minutes.
Snowden's going to be like, so I'm going to say the thing. It's not a security.
It's not a security. It's not a tool. It's not a tumor. All right. Anyway,
enjoy it. They'll figure it out, I guess, right? So what's going to happen?
Price going to I mean, nothing.
Cosmos is going to decline. So he added the dev has supplied an additional one million of Osmo
to the loan to reduce the risk and borrowed 200 K Osmo from another dev to stop the position.
That's a steady lads. Hey, man, could I borrow 200 Osmo?
Hey, it's reaching across the you got some more in the conference room. Yeah.
Who's got any Osmo later on? Can't just pay it back. That'd be outrageous. Exactly.
One million dollars is now sitting in some personal road.
We've got to the situation by mesc row with unsecured loads of the asset that has no intrinsic
value. Know how we can solve this is by adding more of the value that's adding more of the asset
that is now tanking in value to the loan. That will fucking sort it. Amazing.
Let's take some personal look. No documentation. Let's agree that you're going to give me 250,000
Osmo. I mean, there's a fair chance that that money doesn't exist anymore. That dude had a bender.
I mean, at this point, they're throwing good money off the bad. What the fuck? I mean,
I like I said in our group chat earlier today, Soviet tactical doctrine from the Cold War
and possibly even before said, don't reinforce defeat. What are they doing?
So money and you go. You just be like, this is all looking very unfavorable to my beach house.
I want to know about the fire festival and fuck off. Yeah, I want to know. Put the other
loans him another 200,000 Osmo. I wouldn't be an other. I'd be like,
you have a loan taken out now. You can shove off. No, like, she'll see. I kind of feel like these
devs are doing like a little bit of a fucking script like Scourge McDuck thing and just like
diving into their pools of fucking Osmo. Yeah. The thing is, if you dive into a pool of Osmo,
it's not fucking real. So you just hit the bottom of the pool.
I'm just saying it all kind of sounds like a circle stick to me, but yeah, a little bit of a
circle stick. Classic. I'm surprised they didn't like take 250,000 Osmo and stick it on like a
gelato lottery or some shit. Just trying to double this thing. I know how we're going to get out of it.
We bet quarter million Osmo on a fucking lottery somehow. That's a
if they just like fucking throw it out of jail also or something.
I was trying to look for some, though, what was the most D gen way I could do something with
these tokens? That was all I had. The castle thing. What's the castle thing from Juneau from a long
time ago? What was that called? The one that Jaby was like pushing notes in. Is Jaby still in the
cosmos? Because I haven't heard from Jabster in fucking ways. He works for Strangelove,
didn't he? I don't think he does anymore. I think he left. I think he left. Yeah. I mean, hearing
the word the castle, he probably just fucking had a flash of PTSD going here for another fucking
three months. Yeah, it was Ford and Latin was Ford's economic something. Yeah. I mean, that was
one of the situations where you're like, this is going to end in tears. I mean, at narrator, it ended
in tears. I think he had like a 30 minute block on his calendar every day for that, right? Like he
was constantly just de-gening. Just a lot of people were like, oh my God. Listen, if I stake my T
Fortis, I get F Fortis. And with that F Fortis, I can I can then re-bond it. And then my G Fortis
can double in price in three weeks. I'm pretty excited about this. Remember the days when money
was so abundant in the cosmos that you just piss it away on weird shit like Fortis? I mean, or NFT
Nashville. Okay, so to our audience, that was not cosmos money that's playing for that one from our
end, is it? No, it's not. It's not cosmos money. So to our audience, we want to announce that we are
sponsoring NFT Nashville, not solo sponsoring it, but we have grouped our coins together,
our USDC coin to sponsor a whale spot of the NFT Nashville. No, we'll be there. Enjoy. Yep. We got
the whale spot, really. Yeah, we got the whale spot. Yeah, this is big balls blockchain, dude.
Ball Lake blockchain for the win. We are in we're in good company in that list, actually. I was
actually trying to pull the list because I just got a list. I know Stargaze is sponsoring, OmniFlix
is sponsoring. It's held by Crypto Tank and Cosmos Joe and I think some other folks are
sponsoring or putting it in silence November 4th, 2023 in Nashville. It looks to be a cool event.
There's a lot of talk going on with scenes about things that we can do to make it something cool.
We want to do something from a Game of Nose perspective that I assume will be probably
shitty and underrepresented and last minute. We're going to get a master poster, like a backdrop,
all of the panel talks, whatever have to happen in front of this. Oh, shit, my light's in the way.
Have to happen from this backdrop. And it just says go mod tidy. That's right. Yep.
Gelato is sponsoring NFTs. Social Circle. That sounds like CircleStake. That sounds like a
fucking CircleStake. Sponsored with what? Like Archway is sponsoring, I think. I think that Lucky
Friday is sponsoring. So, friend of the show, Funky. I mean, most of these sponsors. We're
actually pretty good. Archway is worth more than most of these sponsors. I mean, our involvement
really, I think to these teams really solidifies their involvement. So,
you know that sponsorship has gotten cheap in the crypto winter when Game of Nose is like,
yeah, lads, let's just chip in, which I think was pretty much how it was phrased in the group chat.
It was used up as being like, come on, lads, steady lads, let's deploy some more capital.
So, which will to our audience, if you like our content and you want to help us support
other crap stuff, send shitcoins to our Dow Treasury. We'll take loans out against it for USD.
Yeah, that's a good idea, actually. Canada, can it now take out a million dollars?
That is a good question. That's the real fucking question we should figure out.
The only problem is that all of our shitcoins are now completely worthless, so we can't pull
that kind of a stud. I agree. The Dow Treasury, we could do more with that, right? If there's more
money in there. If there was more money in there, like not from us. The funny thing here is that
I was trying to find money from the Dow Treasury. From our end, I was trying to find money to get
into this to pay for our sponsorship because obviously we're pretty much... Did you check
under your car carpet near your driver's seat? Yeah, looking at whole on the wall outside?
We don't hold crypto. We either stake it or sell it because of the way tax rules,
bing, bing, bing, bing, bing work in our jurisdiction. Some people may remember some great
hares and a beard growing even longer than this last year when our main banking provider
decided that they were suddenly crypto hostile and tried to shut us down.
We had a really weird situation last week where we had to get hold of some crypto,
but we have basically a business bank provider now that are not crypto hostile,
but they are a boomer bank. We have to go into a branch. I think the only reason they're not
crypto hostile is because they're like internet what? Because they've never heard of it.
Literally, I have to go in and queue up and talk to a cashier to do business. They have a
business banking desk at the bank and you have to go there and do stuff. If I want to know the
fucking, yeah, literally to get to a statement, I have to go in. It's mad. I had to write a letter
from my accountant and then to get the banking feed, there's a standard banking fee protocol
to send it to zero or your accountant or third party, whatever. They provide that on paper with
hash, which is the API key for zero. They literally give you a letter with a hash.
They email you Jason. That's how boomer bank, they're just like, oh gosh,
the nerds say we need to supply this thing. Just post it to the Moenchi Jenkins. Get it off my desk.
It is madness. Anyway, that's our one banking provider.
Try to set that up or crack it to buy some fucking USDC. Absolutely no dice. It immediately
triggered an anti-fraud like somebody's nicked your card. Our corporate card got locked.
Nearly the last week, I was just like, seriously, lads, fuck this. This is madness.
So our corporate card got locked. Our main bank that we use for everything else that
pay rate of this bill, blah, blah, blah, blah, they're crypto hostile. So if we touch
cracking with that now, that bank will shut us down. They've already issued us a threat last year.
So we were just looking at the fucking buy crypto.
Dude, honestly, your banking as compared to like a fucking podcast on its own.
It's mad because do you know what the perverse thing is right? The business banking, the U.S.
World is super, super good. It's really easy. It's really stress free. You can do all like,
especially the modern stuff. It's all on an app. It's really, really straightforward. It's really
streamlined. You get great notifications, great customer service and stuff, except the ones that
have decided to be crypto hostile as the regulations change. Suddenly, you're just like,
they're like, fuck you. Who the fuck are you? It's super weird. Anyway, but we like Nelson,
we ended up finding some shit coins on the sofa. We ended up fine. It was like something like,
we needed like $800 or $900 or something like that. And we had like $20 less than we needed.
So we managed to, we had like almost all of it. And then you said, it was like, yo,
you're like $40 short. And so we had to liquidate like 400,000 stars or something to make up the
final $40. And you're like, hmm, remember when that was nearly a dollar? I'm going to regret
that when that gets back to a dollar. That's so funny. All right. Other sponsors, I think I might
have misspoke a little before just to, I don't leave anybody out. Astro Vault, I see Atlas Dow,
Bad Kids is sponsoring Crypto Dungeon, IBC Gang, Interblock, Manechi Neco, NFT, Quantum Club,
and Terraspaces Slash, Rack FM are also sponsors. Probably not the big balls blockchain level.
Are they going to have red velvet ropes for us there? Or do we have to bring our own?
We need like a big balls tear. Dude, they all have more money for us.
Yeah, like Grand Cajones tear. Do we need like a, yeah, do we have to like make our own tequila
for this event? Like what do we have to do? What's our sponsorship strategy?
Toilet wine. Prison toilet wine. Prison toilet wine. Like a big like soap.
Like a, just a five gallon bucket with a spigot on it. Well, a little birdie told me that a certain
marketing genius was sponsoring an ice cream cart at a different conference. Yeah. That's how
you get them. That's a boring thing right there. The cost of the NFT Nashville.
Dude, far more than the cost of the NFT Nashville.
Yeah. What flavor ice cream will it be? I don't know, man. We'll have to find out when we get there.
We do not know. I'm going to go to just to have free ice cream and travel across Europe.
Correct. So we're going to an event for Chainlink in October, the first week of October. It's in
Barcelona and which is like in the spinning region of the fray almost.
Yeah, it's only about 12 or 13 hours on the train.
Yeah, you don't have, what else are you doing? I mean, he can't bike there, which is probably
very disappointing to him. Well, so. How much FTP does like need, do you need to get to Barcelona?
So you say that I did. I did look at getting the TGV down to the French border and then cycling over.
But I realized that cycling over the Pyrenees with my laptop in my rucksack would be pretty big
ball. I've done some big days like that in the mountains before with almost it and my laptop
and my ledger. And it's a bit of a pain cycling 100 kilometers a day with your laptop and ledger
in your shoes and your gubbins. It's very sweaty. So it's like, you know what? It sounds awful.
Oh, it's amazing. It's great. Pyrenees as well. It's beautiful. But you know,
don't make business and pleasure. Just can get the train down like a Bond villain cruising on top
deck at the TGV. It's the double deck. For those of you that are interested in your trains,
it's the TGV duplex Renfe from Parigarde Leon to Barcelona.
And more info in this event is Twitter is NFTS Nashville. NFTs Nashville is the handle. And
also there is an NFT Nashville dot omniflix.co. It looks like the tickets are handling through
omniflix, which is super bitching. We talked about this before. It's pretty cool. Come on.
Call me next time. I could have bought you a domain. Well, I think the tickets are through
the omniflix NFT structure, which they use for like, first normally long domain. Like you can
just buy it and redirect it. Right. Website is also NFTS Nashville.io. How about that? That's
better. NFT Nashville.io. And there's a buy tickets link. So then it should be for flash tickets.
How much is the meets and greet with you, SEPA? You know, I was, I should talk about
Dylan and I are closest here, obviously. Like, you know, I think what we should do in true
Cosmos fashion, I was saying before, we should raise $40,000 as a travel budget for he and I to
go to Nashville. That's usually like the way it works. Right? We need a, maybe it's an AA
dollar request. That's what I was just going to say. We're even notes that raise $50,000 to go
down to this show. Well, we should probably ask for like $10,000 a month to like build up to it.
So we're really, so we can really accelerate. Right. We do, yeah, that's right. We do have
two months ahead of us. So that's, yeah, exactly. Yes. With no deliverables. Like just,
we don't have to show up. It's the Cosmos way. Like, we need to show up. We just need to,
hey, you could say that it's a, we could, you can instead propose it as a maintenance contract.
Same amount of work. We could do it. And then we could hit it, go more tidy to like seal the deal.
Maybe like, wow, we're getting really good money. Yeah, you said I can teach you how to be a Cosmos
chain maintainer. Go more tidy. That's such a good shirt idea. So 80 bucks to go this show.
I think that should be pretty cool. Yeah. I don't know. I'm actually, first I was like,
ah, I'm not, you know, might not work out, but now I'm kind of thinking maybe we'll make a trip.
We'll see how it goes. Hey, yeah. So I guess it's worth mentioning that.
Two thousand dollars. Anyway, gets you the meet and greet with you, sir.
Brin, Schultz in the VIP area. They're going to do some signings, talk about, you know,
be there to talk everything game nodes, talk about validator operations and hand out ice cream. So
and and and WGTJ stickers. That's worth 80 bucks right there. That's a one of one NFT.
Wow. I love handing those stickers out because everyone looks so confused. They're like,
should I get this reference? I know, right? No, kids love them because they don't know,
they don't care. They just see the doge with the sunglasses. And they're like,
I want to put it on my laptop or my schoolbook. And you're like, have for my child.
That was such a good memory. When I did that Juneau 16 talk or that prop 16 talk at that
at that CMU thing, we talked about a while back. But and then and then I and I had those things
and everybody knew what that was about, right? Because it was really where that came up was
prop 16. We had those things. I had them all laid out. And like, I'm like, these are all here.
And this is what it stands for. And they're all like, and like some people took them and
somebody just walked right past that thing. Like, I don't know what this means. Staying away from it.
But I put all the stickers on the table at an event where the event holders were had the stickers.
Yeah, I do the same thing. Taking your stickers and leaving. I drop them down. Yeah,
do the same thing. Yeah, I left them at like, either eat Denver, I left them on like some
huge dowel table and it's like dropping sprinkle maroon. The most I've I've yeah, I've put them
right out a few of a few things that I've been to. But I'll be honest, I've been most successful
with the needle cast one with the the man with a this guy. Yeah, that guy, like I've been most
successful with that. There's a what size are you a medium? That's a no you did not send me one.
What size? About 250 ftp to 25 ftp. Because I just noticed in the 25 in the corner of my vision,
there's a t-shirt wrapped by the door. Do you have a oh shit is that sure was his t-shirt?
Do you have do you have one of the did you make them into little little biker caps?
I thought about making cycling caps, but I just you did. That's all the with the brim in the front
right? Yeah, couldn't find supplier couldn't find suppliers like Betty Hill salute like that type
of thing. Yeah, okay guys, we are running out of time. So if you could all shut up for a minute.
So we are planning potentially on doing some t-shirts for a game of nodes. And we are wanting
to know if a you give a fuck and will buy them and be how much you would possibly pay for such a
thing. So leave us a comment somewhere, Twitter or YouTube so we can sort of collect some data
on the market. I expect we'll probably get like one comment, which is like when when t-shirt.
Anyway, in other news this week, so a grayscale investments. Have you heard this?
This this bit of news that the grayscale investments have won a lawsuit against the SEC
overturning a previous rejection of its grayscale Bitcoin trust ETF application. So that was I think
that's reason for this little pump. Yeah, that was apparently good news that led to a micro pump.
That's what I tell my wife, which is which which by the price has disappeared. I think it's gone
because so now all my weak negatives are negative. It reverted somewhat quickly. It sure did. Yeah.
Yeah. I mean, it's it's good news in general. Yeah, like ultra bullish, but it's like it is good
news in any case. Honestly, in this country and this it's so fucked here, right with this type of
like a legislature like it's just it's not really a it's not really environment where things get
where things actually get decided and anything that kind of forces to either decision one way or
the other, at least we get to some sort of like clarity. I think we'll we'll help this market.
So it is disappointing that like the US is so hostile to crypto and I saw in the LaVanna
discord during the week. They were talking about, you know, the adoption of the LaVanna protocol
and someone mentioned like you would have far more users if you didn't geo block the US
or decentralize the front end so that you know, the the it could be accessed by people from the US
and the response I read in the in the discord was that well, whilst we would love to do that,
like why would we risk our protocol? Yeah, by doing that. So, you know,
I mean, arguably like the US is probably the biggest base of users in crypto in the world.
And the fact that like people have to geo block the US is just crazy because they don't know what
might come against them in the future. And if they can't prove that they made at least a best effort
to not allow the access that in their kind of fup. So yeah, that's really the issue, right?
It's like with that lack of clarity, you get worried about a retroactive decision that affects you,
right? Because in some aspects, they feel like it is clear. This is the decision that we've made.
And that's really, that's really, that's shitty, right? Like it's even if it was uncertain and we
don't have a decision around specific type of activities. And so therefore, we're going to allow
them at some point, if we get clarity, then we'll change that. That's one thing. But for projects
to be concerned about retroactive actions that get taken three or five, you know, five years from
now based on decision that's made, that's that's fucking shitty way to live. So yeah, I agree.
I just want to get to that. I don't know if it's going to be a, I don't know what changes this,
like this, this country seems to be so incredibly fucked when it comes to
legislature right now. I don't know if it's, it's not like, I don't think it's leadership change.
I don't think it's any of that. Like it's just, it is, it is a bit challenging.
Like, yeah, I mean, it makes, I mean, who are they protecting? They like fuck everyone with
their own internal policies and then protect them from the boogeyman by fucking, you know,
not letting them access. They want access.
Well, I think, I think mostly it's a way to be able to understand and be able to make sure that
the federal government's making, like they want to be able to make their nut, right? You want to
have the, you want to have be able to have the proper controls for tax and for, and for receiving cash.
And get the big man and also want to protect the institutions that exist and wants to protect
it wants to, and also want to protect people that don't know better. I think that's, oh,
actually, funky. So the same thing protecting old people in bankers. That's more direct way of
saying it. But yeah, that's kind of the same idea is like, that there's, there's, this is
complicated and people understand what it is. So therefore, we have to have a legislation around it.
And also there is a tremendous amount of institution structure that, that has to exist. But
honestly, all those institutions are moving in. So as these things move, it like Swift going to
CCIP for that type of thing. And like, you know, big banks starting their own chains and all this kind
of stuff, like they're all moving in. Like there's actions that are taken. I think that
actually helps long term, to be honest. So I saw on, was it the handsome airdrop? I like read the
terms and conditions of the handsome airdrop. And it pretty much like directly addresses,
is this a security or not? Like in their terms?
So handsome?
Yeah. It's like, I think it's like a clothing brand or something. They're just like having a token
for engagement with their clothing brand. And so I thought that it was a strange little thing.
They certainly had legal have a look at their disclaimer.
Really? I'll have to find, I'll, I'll put a note, a link in the notes about that. And we'll find
more about that. I mean, should you be a fucking token without legal disclaimer or without a legal
team? Like fucking no. Boys will be boys.
Boys will be boys.
Well, there's not. What's it called? If it's not, if you are certain it's never going to get bridged
out, never going to become traded, never going to become value. Otherwise, maybe get legal advice.
Maybe. So if I start a chain and IBC is enabled, right? There's channels there.
Do I have control over whether or not there's a liquidity pool associated with that?
I don't know. I don't know what a regulator would say, but I know
if you have a Twitter account and you're like, I started a chain, they might consider that to be
advertising the chain. And then the fact that somebody else was the creator of a liquidity pool
might not be material to whether or not. Might not be material, right?
I think as soon as you start profiting for it potentially, you potentially get in trouble.
And even if you don't profit, but you might on paper profit, as in the token has value,
then maybe you'll be in trouble as well. Yeah, that sounds not great.
One of the many things one can be concerned about.
I'm starting null names coin as soon as we hang up.
Good plan. I did that shit right into some LPs.
See what's going on. I made a little meme. I made a little meme while we were talking.
There we go. I love it. I wish we could put on a t-shirt, but actually I think I feel like it
doesn't mean like macro memes don't translate very well as a t-shirt formats.
They're a bit unclean. The design isn't nice. Oh man, go my tidies. Now it's just makes me laugh every time.
Jeez, this, I think this airdrop was yesterday and now it's impossible to find in Twitter.
It's gone. What the handsome thing I want to reset?
Yeah, I want to see those disclaimer again. I put it in the sheet.
Anything else on your news?
The other one? So there's the, so I did see this on Twitter, this one, but I'm not 100% sure what all
this means. So it's about BitBoy. I've never seen anything that BitBoy's ever done, ever,
other than heard his name a couple of times around like pump and dump type shit.
But apparently BitBoy, so this is the way Ramra's phrased this, BitBoy, tomb, BitBoy,
spomed his own tombstone. Anyone else want to read this?
So BitBoy tombstone from his own company. You can have a little walk around the room and then come back.
So it says BitBoy has tombstoneed from his own company. So I believe what happened was that he's
like removed himself from the company. BJ Investment Holdings has cut ties with Ben Armstrong.
So whoever the fuck that is. So I think the point is now was that what Ramra's done, he's
given you a title, like a snappy opener, like a lead, then the content for the news piece.
So like, you know, four dead in car crash, a car crash on the Bay Bridge today, blah, blah,
blah, blah, blah, blah, like it's that sort of format. And what you've instead done is mangled the
headline several times, got a little bit confused, had a little lie down, got with a head rush,
got it all, gosh, I stood up too quickly, and then attempted to bumble you away through it.
And I think possibly like Ramra feels like their hard work is.
I mean, if I'm honest, that feels like a fair assessment of the situation.
I'll finish it. Can I finish it? Yeah, man, I don't know what it was.
All right. Here we go.
BJ Investment Holdings has cut ties with Ben, who is the face of BitBoy Crypto, citing substance
abuse and harm to employees. I think it's the other way. So I think he was forcibly removed
from the organization, and he was tombstoneed by his own firm.
You said it's not a new chair.
No, I just added the top to it.
But I just I just I've been trying to put my finger on. So there's something
nerving me this week that was just like.
BJ Investment Holdings My embody some a third party. This is this is also
the news. A third party now sells headrests for the embody chair. And they're fucking awesome.
BJ Investment Holdings Really?
BJ Investment Holdings Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.
So like, like, Henry Millen never never has a headrest for this thing. And so it's called
Atlas headrests. If you Google Atlas headrests, and they sell them like with the actual like
they buy the fabric. And then it's like a piece of like bolts on it looks it looks totally factory
like it's awesome. And that's a really nice job. So it's like, it's a piece of it. So
as an old man, when I fall asleep in this fucking chair, it's much more comfortable.
It's good stuff. So anyway, so in the 90 dollar IKEA chair here, I've had well, dude,
I had so many but one thing about IKEA, did you know that they used to use prison labor in East
Germany from the 60s through the 80s? Makes sense. IKEA. IKEA. Yeah.
BJ Investment Holdings They're Swedish.
BJ Investment Holdings They use prison labor. Yeah. To build their stuff. Look it up. Google it.
BJ Investment Holdings That would make sense. Because I think they've
they've always had an Eastern European manufacturing base.
BJ Investment Holdings Well, I just typed in IKEA prison and on and Google
on like a filled out the labor part. So yeah, it looks like that's
BJ Investment Holdings Yeah.
BJ Investment Holdings When was this?
BJ Investment Holdings It looks like it ended when
East Germany fell because it was in East Germany.
BJ Investment Holdings Oh, it was in the East Germany.
BJ Investment Holdings Wow, look at that.
BJ Investment HoldingsGs
BJ Investment Holdings
BJ market wear
BJ Investment Holdings
BJ Investment Now
BJ Investment Holdings
You can't follow those arrows.
Those arrows are for fucking suckers.
You gotta follow.
I don't fucking believe this, mate.
Those are, those are, those are fucking those people.
You walk in the front door, you have a quick look at the store chart and you're like, here's
where I got to go.
Yeah.
And they show the little gaps like they're like, buildings on fire.
Don't follow the fucking arrows.
You just like, you buzz your way through like racist puns, right?
Man in that film.
Right through the red.
All the guys, right?
You know, just punch your way through all the walls.
That's right.
You walk up to an employee and handcuff yourself to them and then like, threaten them so they
go for the exit and then off you go.
Where are the Swedish meatballs?
Take me to Swedish meatballs.
The fish, you know, the sweets, the fish.
Are they, are they able to claim that they are meatballs?
Probably not.
Is there a certain designation of meatballs?
Like, because it had to be like 10% bread, 90% meat.
Like what?
Cool. It was actually, we're in different countries.
So in the U S they can definitely call them meatballs because you guys don't give two
fucks about your food standards.
Hold on though.
There's been a big lawsuit going on over oat milk because oat milk is trying to use the
word milk.
So we do care.
All nine oat milk drinkers are fucking outraged.
Yeah.
Quality standards not suing over trademarks and names and deserts.
Yeah.
Like violation, not, not anything.
Like in this country, you can't call something like bacon.
It's like a vegan alternative.
You have to call it like not bacon.
Smart bacon.
So no word of a lie.
One of the biggest bacon alternatives is literally called this isn't bacon.
Okay.
Like, so there's a, there's a, there is a brewery that just they're like a micro brewery
very good, which had a beer on tap, which was one of the first beers they ever made.
It's simply called pint, right?
So you go in, it was like just a Joe guy, you go in, I want a pint please.
They go, then they did a thing where they got a bit bigger and they put it in cans.
Standard size of can in the UK is 440 mils.
So the pint is 568 mils.
Somebody reported them to trading standards because the pint can was not a pint and they
got successfully fine for it.
And they had to be like, not a pint.
So to change the back, the branding of the pint name.
Yeah.
So when it's, when you get it from the brewery in cask, like a pint pulled for you, it's
called pint.
And when you bought it from the shop, it was called not a pint.
Yeah.
What is this?
Okay.
Danteic British people sometimes.
I think I'm okay with that though.
Like just because you can squint it's pretty similar.
That doesn't, that doesn't leave it.
Like if it's, if it's like a hundred milliliters off from being a pint, no, I'd be pissed.
I mean, like, listen, it does beg the question, right?
Cause you look at all this stuff and you're like, okay, not a pint.
Right.
We've got to really protect consumers.
And you're like, yeah, just fucking go by crypto.
You're like, it's fine.
You know, we have all these rules to stop people like doing dumb shit and tricking people.
And then you're like, yeah, but if you want to roll that Osmo and do it, you can just
get a little leverage.
Yeah.
Just fucking knock yourself out.
What's the worst that could happen?
You can even work there.
They don't give a shit.
It's fine.
Yeah.
It's not a roll that million Osmo.
You can even work it out.
It's fine.
Don't be mad.
Fuck them.
So there's one more news item as well.
I noticed on the sheet, you missed.
So yeah.
Oh yeah.
So you were joking earlier about, about we should be, we should be asking for dollar
e-d's to fund our lavish degenerate lifestyles.
Well, so after accelerator Dow, I gather, are giving out grants to YouTubers now, I think
even $40,000 apparently to-
You really knew somebody at the A&L?
To Crypto CTO.
What was that for like four months or something?
Ten grand a month?
Yeah, that was just about on short-term cocaine habit.
So it could be worth-
I was going to say, I want a penthouse.
So that would almost cover it.
What for a week?
For a week?
I don't know.
I mean, honestly, this is probably the most valuable content I've seen on Cosmos right
here.
Like there's no yapping.
We don't, it's not like we're not giving people bad advice.
Like this is a good-
And we definitely want to find that advice.
Are we?
Well, we get it.
We're not giving out any financial advice and we're not giving our guys all of our advice
is potentially pretty bad.
So we're-
Yeah, exactly.
And we're pretty honest about where, what's like projects and those types of things.
Like I think some of these things are just like, they're just constant fucking shills,
right?
And it's too much.
Like 40 grand is the shill.
Like you're just trying to bring people in and I don't know.
And I think this is a worthwhile attribution to the Cosmos that should be fairly paid.
Cito is like fucking hype central and he like bit of a hype beast.
So yeah, it's like hang on to it.
Nobody's gonna get wrecked.
Like the bottom line is nobody's gonna listen to our podcast and get fucking wrecked.
And I to become a validator because of our podcast because you think of our glamorous
lifestyle.
Not me once.
Staying up late in the middle of the night, growing a beard, losing your health, losing
your fitness, losing your mind.
And you're like, I want, I fucking want some of that in exchange for potentially-
Get me that.
It potentially, in a bull market, slightly higher salary than I'd get from a normal fan
company doing a nine to five as an infrastructure engineer and going home at five and not having
to think about work.
I want me some of that.
Those the only people who are getting wrecked because they listen to this podcast.
Everybody else is safe.
They listen to our shit.
That's cool.
We're not making the world up.
We're not-
Yeah.
Exactly.
And honestly-
Yeah, man, whatever.
I just want to point out-
You're shilling a train travel.
I want to point out that Ben Davis has said that we, all we do is give tax advice.
I just want to reiterate that we do not and have not ever given tax advice.
We don't give tax advice other than to get, see a tax professional, which is if anything
going to result in fewer people getting wrecked.
And in fact, relatively recently, not one, but two people I was having conversations
with and they mentioned a tax problem, which we had, well, not I had covered, but my two
esteemed hosts below had covered on an episode of Game of Nose.
I was like, do you even listen to the podcast?
Even listen.
If anything, our tax conversations make it confusing enough that people are like-
Yeah, we should talk to the government.
We should talk to the government.
Yeah, exactly.
Yeah, that's shit.
Exactly.
The fact that not one of us has got like the same tax strategy is like, what's happening?