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a Kate journey, right? I'm at the end of the film. I'm getting out. I'm fucking off.

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Like, that's me. Like, we need dad to come back and do the Michael.

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Welcome to Game of Nodes, a weekly podcast from Independent Validator Teams.

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Yafida, welcome to Game of Nodes, a weekly podcast from Independent Validator Teams.

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And you can see the two absolute different ends of the world. We're sorry to those that are listening

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later on in podcast play, but I just picked up a glass of a pint of Guinness that's on my desk.

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It's very, it is late in the evening. It's time to start coasting down towards a alcohol-fuelled

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horizontal time, which may or may not be sleep. And I'll smash in the coffee ready for a hard

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day of degeneracy. My third one in the last 45 minutes. You know, you've got to keep that

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degeneracy locked up to lunch. So I hope you're going to have like some fucking oats or something,

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some porridge oats after your three cups of coffee. Yeah, what are you talking about? Three

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cups of coffee in 45 minutes? Oh my God. Yeah, it's usually just, I usually have a couple back

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to back, but I had meetings this morning and like, I don't know, I'm on the struggle bus at the moment.

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I've been dying real bad in the afternoons too lately, like about two o'clock, just been going

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downhill bad. Yesterday was bad. I had two networks to like do some stuff on and I'm just like,

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ah, fuck, tomorrow. I mean, you could just, when I had my first job, I always used to like hold

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off on lunch till two and I found out it was fucking magic because you get a bit crabby for

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the last like half an hour or so before lunchtime. But yeah, if you could just like make it that late,

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you'd kind of still have that sort of like coffee and breakfast or fasting, if you're

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fasting kind of energy up to about one, one, 30, you'd be dying, absolutely dying for that last

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bit. You just hold on, then your lunch hour takes you to like three and then you're into that fucking,

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you know, after lunch, you get fuck all done. So effectively after lunch, you're just like,

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okay, well, I may as well just fucking chill. Like I'm not going to get a huge amount done,

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no real brainpower work here. Yeah, essentially about like 430, you get a little pep and you just

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be like bang out 45 minutes solid work, set you up for the next day and then fuck off home, basically.

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I appreciate that method, but I have to eat like every half hour to hour. Like I'm just constantly

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grazing. If I'm not like my mood, I was going to say my situation is fast. Really? Yeah. I eat all

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morning. And so like, I start eating when I wake up, I have like protein shake along with my two

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coffees. And then like half an hour later, I'll have like some yogurt, then like a banana and then

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like, you know, I'll eat an apple and then I'll have a fucking nuts up here. I got those little

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rice cake things that just eat that shit all day. But I got to have lunch like about between sort of

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1230 and 130 because you know, that's when I like to have it. I need that energy by like,

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I need that energy to hit at about three o'clock. So and then after three, I'm just fucked.

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Yeah, that's what I go through me as well. And then like, if I'm really feeling good, I'll go on a

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bike ride first thing in the morning and I have energy to all day long. But if I don't do that,

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yeah, it's basically the same as yours. I used to run in the morning and I found that like

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really good for my energy. There was a period where I gave up coffee and used to run every morning.

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And that was really good for my energy at that period in my life. But I don't do that anymore

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because running is hard and I love coffee. I find the exercise definitely helps. Like, but I don't

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know. Yeah, if I do intervals in the morning, then I have to eat something pretty much straight.

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After the last time, just totally fucked. Cause I'm so poor on time.

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In intervals in the morning. Yeah, what are you talking about? I'm talking like zone two where

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like you're barely pushing forward at all. Oh, yes, I do. Because I have so little time, I only do

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basically VO2 or sprint training. I don't really like like zone two is for pre baby fray. That is

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the thing that I used to do. I don't get to ride outside the weekends at the moment anymore.

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And I have, I'm basically just trying to maintain 270 watts FTP. That's my goal for my first year

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of fatherhood. And the only way of doing that with three hours a week is 100% intervals.

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So it's only VO2, like five by fives or yeah, like 40, 20s. Like if you do top of inter intunary

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or muscular like 40, 20s, microbursts, 20 second 20 second max sprints, which are absolutely

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disgusting. So they're 100, I think 170%, 180%. You're averaging 170. What's the story?

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You're averaging 170 functional. No, my FTP is 270. FTP is 270. Yeah. So my racing FTP was 310. So

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I'm way down from that. Like, but I'm just trying to stay within hitting distance of

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racing FTP so that I can maybe get back to racing next year is my plan. So I'm gonna do some really,

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really long endurance rides that I've already got planned for next year. Probably do the coast

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to coast in a day, which is where you ride from the Irish Sea to the North Sea on midsummer's day.

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It's about, it's been about 200 miles, something like that. What's the difference between FTP and

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average power? I thought those were the same thing. So average power is just a straight average

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functional threshold power is your second lactate threshold, or it's supposed to be

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approximately your lactate threshold. So it should be all other things being equal,

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roughly what you could do for an hour at maximum method, if you're only doing an hour,

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and if you completely empty the tank. So for me at the moment, if I'm just like doing an hour

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hill climb, I'll probably do about 250 for an hour. But if I went harder, I could hit 270.

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CB all right. What does that 250 represent?

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ACK What?

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ACK Oh, what's right.

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ACK Yeah. 310 is insane. No wonder you did that 100 miles so fast.

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ACK Geez.

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ACK What's your heart rate when you're doing that?

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ACK Which one? Sorry.

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ACK Like the 250?

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ACK So 250, I guess my heart rate probably sub thresholds about 160.

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ACK Oh, yeah?

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ACK My threshold heart rate is 165. My max heart rate is about 188, I think it's the

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highest I've ever hit. But that's the point at which I literally can't turn the pedals any longer

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and I fucking die. ACK So when I used to run more often and would monitor that shit, my max heart

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rate is about 212. ACK Wow.

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ACK Everybody's heart rate is pretty different. Unless you're a professional athlete,

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you want the main thing you're worried about is relative to your resting heart rate.

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And whether or not it comes up and down in the pattern you expect for your power zones, I guess.

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ACK Yeah.

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ACK So yeah. I mean, when you're doing hill climbing like races, you just straight

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immediately into like 170. But for me, like 170, 172 or so, I never monitor it because it would

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just freak you out. But you're just basically trying to keep it under control so you don't run

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out of oxygen and pass out. Which some people, you'd see the odd person who does just black out

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doing a hill climb race, which is kind of funny.

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ACK I've done it. It's crazy. It's not fine. It is not fine.

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ACK I saw a guy blast through the finish line so hard and so cross-eyed that he just

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cycled straight across the finish line into a ditch and just like flew off the bike.

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And like from the ditch, you just hear like this panting, I think he might have been sick.

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And then because it's grassy, right? It's in the hills, whatever. And you just hear him shout

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out of the ditch. Did I get it? It turned out he had won. He had won. Like they checked the time

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check. He was the last one up because he was seated first as well on that hill climb. And

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he got it by 200th of a second. Yeah, pretty crazy. And to give you an idea, this was when I

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was like racing. Yeah, FTB was like 310, which is not great. It's okay. It's like mid-pack

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for kind of nearly a veteran now. The winning time, I think on that, which was a five-minute hill

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climb was, I think, a minute and 10 quicker than me. Like even in the amateur field, the spread of

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times is absolutely bananas in bike racing. It's just absolutely crazy. But especially hill climbing

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because there's a lad in our club who's amazing. He probably will. There's a good chance he will

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one day be a pro. He started riding that season, which is a couple of years ago now. He was 16.

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He was like 54 kilos. I think his FTP was about 240-250. But I think he went up there like 45

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seconds quicker than me because you're just like power to weight ratio. That is insane.

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Like that's like a bottle rocket. That guy is so, he is so strong.

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I didn't have a, during my race, I didn't have a climbing bike. I actually wasn't aware of this hill.

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So it was about, I want to say 22 degrees. And it was really intended for sprinting my bike. So

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the rear mech was 30 teeth and then the front was 44. So the lowest I could get was one and a half.

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Was the ratio of one and a half. So you couldn't climb. And so it was like a mile long and 22%.

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I made it like halfway and just tipped over. So I have, because I'm an idiot, my race bike is

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geared for flat. And so it's a 44 effective 27 at the back because it's from a period where

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27 was the biggest you could get. Whoa, that's even worse than mine. Yeah. So when I did the

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Fred Whitten in the Lake District, which is probably the hardest sport even in the UK,

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after 100 miles, you hit this final climb where it's 33%. There's three ramps, I think of 33%.

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Well, the peak is 33, most of about 25 or so. On a mountain pass called Hardenot Pass, it's a very

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tricky bit of road. And by this point, you're already pretty, you're tired, you're ready to be

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in the shower. And then you, I cycled Hardenot before, but I'd just ridden over to it, ridden up

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and down it both ways and be like, eh, okay. It's all right. It's pretty hard. But I'd done that on

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my touring bike where I have like, I think at the rear, I have 30, I think it's 30 at the front,

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34 at the front and 30 at the back. So it's a much easier gear. And I was like, this is all right.

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Like this time after 100 miles, I was like, I got like, in the beginning of the climb at the

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bottom, and I instantly shifted down to my smallest gear, I was like, right, okay, this is the only

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way we're going to get up this. And then within 10 or 15 seconds, I was like, well, this is going to

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be the most painful thing I ever do in my life. Okay. This is going to be a horrible 10 minutes.

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I cannot believe you made it up there without gearing.

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Yeah. I'm going to do that same thing next year. But I am going to change my entire, I'm going to

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change the lower chain ring. And I'm also going to change, I'm also worked out, we have jeery rigging

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like a 32 or even a 33 on the back. And so that's what's going to happen.

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That's still pretty narrow on my, on one of my bikes, I have 48 in the back.

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Yeah, we're three four.

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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.

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But when I get to the top of the hill, I probably have to stop and manually shift it back up.

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Because I don't know if the medium cage will be able to pull the tension,

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shift it back up, we had to drop it all the way down. So that's my, that's, that's my plan for

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getting up high. Because the thing is, like, you're like, got up it fine. But I was like,

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eight minutes adrift of the time I did it last, which granted I was a lot fresher. But I was like,

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you know, my, I think my RPM on it was like 55, like my cadence. So it was, it was grinding it up

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at the absolute. So like, you just like, if you just have an easy gear, you actually just can get

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better cadence, you can go quicker, it's easier. There's a whole bunch of reasons. Because if you

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just after 100 miles, you don't have a lot of that neuromuscular energy, you need to push

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the big gear, you might still have some aerobic fitness you can lean on.

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So like when it got to the ramp, so I was just having to basically out the saddle sprint as

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hard as I could against the grade in the lowest gear, just because I didn't have any, I had nothing

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left. So I knew if I just, if I just kept trying to grind out the cadence, I was just going to have

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to put a foot down. So I ended up like sprinting and then trying to recover in the corners because

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I hate hairpins and just like, like inch, inch forward on the corner almost track standing and

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just get 15 seconds of rest. And then anyway, I don't know really how it got into this.

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So cycling's fun, racing's cool. It's time for Null's News Corner.

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We need to talk about this.

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Fuck off with that banner. I'm going to fight you on this one today. I hate it.

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You mentioned a bottle rocket and I just wanted to tell you a quick little story about bottle rockets.

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When I was anything that more fucking exercise talk, I would honestly rather listen to you guys

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just scrape your fingernails down chalkboards than hear more about pedaling bikes uphill.

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You wait at some point, she'll see how I'm going to get together and then you're just going to get

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in the group shot. It's just going to be like, here's a picture of us with a hill on a bike.

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That's right. Here we are. We got a little hat on. Here we go.

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That she could helmets.

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Well, hold on though, because I did just get a little hat. My cycling cap is like modeled after

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Nickelodeon. So it has like the Nickelodeon squigglies in the 90s. Yep. That's awesome.

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Love it. I remember those from before helmets were invented.

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Yeah. That's cool to casket.

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Is it? What is it?

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The little cycling cap. Are you drinking tonight?

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Oh, all right. Are you drinking tonight, baby? Are we drinking tonight? All right.

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I've been over-riding for a couple of days. So now I've been trying to do as little work as possible.

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What's new? I've been here for 20 minutes. I was just zoning out from that shit.

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I had to go look up what FPM was. Or no, what is it?

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FTP. FTP. Well, I know what FTP is, but I was like, is it? I gotta fuck the pedals?

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Like, I don't know. What is this actually mean?

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Can very much be fucked the pedals? Yes. Is it slang? Sorry.

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My bottle rocket story. So when I was at college, we had to write a program in Matlab that would

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estimate what you were given a target for a bottle rocket. And you had to like

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calculate all of the parameters, like the amount of water, the amount of pressure,

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the angle of the dangle for the launch, taking into account the weather, the distance from the

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launch pad and the target area. That sounds like partial Diffie Cues.

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The angle of the dangle. The competition was to like...

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Nowadays, you just did a curve or space program, wouldn't you?

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Yeah. This project was for like making the bottle rocket land.

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It was pretty fun. I did well.

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Where did that come from? How do we get on that conversation?

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The Frey mentioned the bottle rocket at some point. I wrote it down.

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All right. We can talk about Matlab a little bit too, because I love that.

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I just watched the thing about... Did you guys ever use Wolfram Alpha?

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Did you guys ever use Wolfram back in... No, I used a little bit too.

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There was no Wolfram Alpha back then. I still use Wolfram Alpha.

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I used it in college. Yeah. Yeah. And now it's like totally different, right?

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Because it's actually a little bit AI-ish. I just watched this video last night of...

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I could put it in notes if anybody wants it. But it was Wolfram...

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Wait. What's that guy's name? Is it... I can't remember the founder of that now. I'm blanking.

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Dr. Wolfram 359? No. Think of it. Something in the notes...

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Or something in the challenge notes. But anyway, he did a big...

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Like a long talk on like integration between Alpha and ChatGPT.

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And how the role of these types of LLMs and how it fits into these types of things.

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And Alpha has got a long way. All that stuff is even the last 30 years since I used it.

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But it's pretty crazy when you start adding these things together and you start using

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like natural language to communicate with that and not having to talk the...

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Well, I always struggled with the speech structure of how Wolfram needed to be able to

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have that data and how it presented that back. You had to know its language a little bit.

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And once you break that down, that thing was crazy.

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He was doing some really cool shit in that video. So he's a pretty interesting dude.

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I don't know why I talked about that now. But anyway, the MATLAB brought it back to me

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because that was a fun toy too. MATLAB is pretty fucking amazing if you like.

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Can be bothered to learn all this stuff. It's... Yeah, man. It was...

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But I think that's a pretty cool thing. Like not only ChatGPT as a thing,

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because an LLM just goes and scripts it and that and brings it back. But now ChatGPT is an

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interface to some of these other tools that you had to learn language. And now you're

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getting rid of the language, which I guess is no different than the code integrations on ChatGPT.

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But to now use those incredibly powerful tools with a really strong LLM in front of it that

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knows how to interpret, I think that that's fucking crazy cool. Because some of those tools are just

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regurgitating. But that's not regurgitating. That's just using the real strong understanding of...

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So I feel like that kind of takes away part of the fun of MATLAB, which is like sitting around

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with your teammates for two days drinking piss, trying to figure out how you're going to attack

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the problem. It sounds like you're an Emacs user. Hey! But I'll say yes. Part of the fun is actually

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knowing. Part of the fun is the suffering. Otherwise, what is the creative process other

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than suffering? You really haven't been a Linux user unless you've had to reboot a server because

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you haven't been able to get out of VI, right? I don't get it. So I had a thing recently where...

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I come up with a reason, but there was no fucking escape key on the keyboard I was using. And it

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wasn't just phrase, stupid, ergonomic keyboard. Was it the Mac that they put it in the little

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screen thing? It was some bullshit like that. I think it might have been the Touch Bar Mac,

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and then it had an error on the Touch Bar work. And I literally just fucking trapped on the server.

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How do I change this? I was like, I can't fucking escape from this editing. I've just

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dropped into in VI. Did you decide to unbond then? I just opened a new terminal.

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Can't get out of this session. I guess we'll just unbond off the terminal.

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I guess we're off Stargaze. Yeah, I just said to the lads, we no longer violate this network.

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That's an inside joke because there was a Stargaze upgrade this morning.

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And I think we couldn't... Wait, there was a... I hope you guys missed the upgrade. And then I

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think it woke you up or you were doing something. Or it was late last night or whatever it was.

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So we already saged it. And I was fucking certain. I look back in my notes for the week, right?

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It says Stargaze upgrade. It's got a fucking strike through in pen. What has happened here...

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Perfect. Somehow is that... So directly underneath it, there is Fill Hole in Wall.

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Right? There's a hole in the wall. There's now no longer a hole in the wall.

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Because you punched a wall before the Stargaze upgrade?

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It's because it turns out we had some building work done last year, and they didn't fill a hole

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in the wall that they made. And I couldn't work out why one of the rooms was fucking freezing last

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winter. Like fucking freezing. There's a real draft in there, man. And I was like, fuck, what is

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the deal in this room? It used to be nice and toasty. There's condors living in here. What the

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fuck is going on? Yeah. And I was like, how is that house? I was like crawling around to scrape.

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That was like this, this fuck. Not important. For whatever reason, I had some things to do

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outside. It meant I was on my hands and knees with a fucking screwdriver to sort of sting by

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the gate, right? And I was like, wait, what the fuck's that? There's a fucking hole in the wall

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the size of my fist going all the way through the outer wall.

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So you can see outside. Yeah, yeah, yeah. Just fully. You can see the floor joist

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and then the floor on the top from the fucking outside. And I was like, well, that'll do it.

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That will fucking, that will 100% do it. Like, lucky it was just high enough

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that probably no water could get in. But I was like, fuck, that's a massive oversight. That's

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been open. That is a higher fucking winter. That is bad. So that was on my big to do list,

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like fix up this week. So I did that. But family living is upgrade, strike through,

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fill hole in wall, not strike through, but hole in wall was done. I know that's done.

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You know, you've got fucking whole. You've struck the wrong thing. Exactly. When you put one and

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one together, you get probably seven. All right. Yeah. So yeah, put the filler in the wall,

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put the fucking old mistro a Bish bash Bosch, clap myself on the back, struck through the wrong

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thing, cracked a beer. And that was my yesterday or the day before. And then that's why our Stargates

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Upgates failed. That was a precursor to today. So it goes off. And then Jorge made it where I

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think you need to go 121, but you were trying to build it or it was it was failing or something

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like that. I think you gave it like five minutes. You're like, maybe we'll unbond.

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That's valid. That's valid air 2023. Like, well, one small problem. We're out. It was one of those

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things where you just like every upgrade. Like, is this worth it? Just you have a mirror like

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sitting right next to your desk. And then when that fails, you look in the mirror, like, is this

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the day? Are we done people? Is this the end for zombie Shakespeare? I think there's a kind of

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there's a certain type of British fatalism, I think that really does not gel well with validation

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where you're just like, you know, something really bad happens and you're like, well,

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I guess we deserve that. And like, you know, like there's the phrase like, oh, we had a good innings,

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you know, like, you know, the British have invented a lot of sports and then are like the worst or

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the sometimes the worst in the world at them. But often like the second or third best like

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cricket is a prime example, never fucking win. Do we invented that one? Never fucking win.

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But you know, batting collapse against us. Well, to be fair, actually, I will say the ashes this

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year, the turning point was actually when Australia won a test by default because of the

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weather. I think without that, England would have actually won the ashes. So to be fair,

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this wasn't like a massive thing. This was a minor inconvenience. It was a minor inconvenience.

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And literally like 80 seconds. What you're missing there is that we would have wanted anyway.

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Did you see what happened the test after where we absolutely roasted you but couldn't win because

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of the previous test where the weather stopped play while we were roasting you and so yeah,

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yeah, look, sometimes you just have a bad day, you know. Well, I mean, we had a good at eggs.

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What'd you get it to?

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All right. Anyway, you're still in Stargaze. Congratulations. Oh, yeah. So I missed that

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upgrade as well. But to be fair, I just thought that you're so tired. It was your excuse.

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I didn't mind. So that was an ultra pain in the ass because I get the alarm at 1am and up and at

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them instantly as a good little operator. And seven hours by then. Hey, I'll find out that

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you've been asleep for at least five or six hours by that point. Yeah, I went to sleep 10. So

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I'll find out them three, three hours. Anyway, parking go 1.21. Come on. What is it with

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locking down the go version these days? I don't know. I have to worry about it too because it is

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1.21. Oh, it just came out, right? And so I was like, I'm like, what are you yoloing in here?

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What does not work? So it seems like almost every fucking binary I compile these days,

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I have to get out Ansible and rebuild the go first. It's just... Don't you do those upgrades

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via Ansible anyway though? Or no? Or do you do them by hand? No, I do all upgrades manually.

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I just haven't Ansible it yet. So when I do do the Ansible, there will be like,

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I think I'm just going to do a go version in the upgrade these days because it keeps changing.

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So I have it globally, then I set it per chain. So if one chain needs something,

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the only issue with that would be it just keeps reinstalling go every time you have

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a next binary, but it's not a big deal because long ago it was Ansible. Wow, you're grossly

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incandescent over there. You have to close that one again. I know, I'm afraid to.

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If networks use a hard go version, I typically just download the binary. I'm not putting up with

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this. It's a pretty good idea actually. It's actually not a bad idea. What do you do?

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If networks enforce a go version, I'll typically just download the binary directly.

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Yeah. It's not always that they provide it, but typically you are. And if they don't, then

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I throw shit in their direction. I'm like, hey, you should do better next time.

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I like Larry suggested quite a good couple of step bash scripts in the chat because you,

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in Stargaze, because you know, it's not quite deterministic because it's garbage, but you

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roughly know that the go version will interpolate cleanly into the go website to get you the version

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you're after. So worst case scenario, it is quite easy to script that in a bash script. So what

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I was just like, oh, that's a really good idea. I haven't thought that before. But we tend to do it.

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We have a bash script that's essentially the original, you may remember, if you're

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validator, the instructions from Juno, which have become the kind of boilerplate instructions for

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a lot of chains now. Also, fuck you, man, with that goddamn Damon home bullshit. Fuck that annoys me.

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Who's that director? The JNL internet?

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The JNL internet. Back in the day, he put in the first Juno upgrade when doing it with Cosmovisor,

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he puts Damon home instead of home.tunis. Yes, because if you're using Cosmovisor,

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Damon home is not going to be the same. Are they always use that? Yeah, but or might not be the same.

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If you're using attached EBS, if you're using attached, like network stores like EBS now,

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you're not going to have the home be in the home. You're going to have it being the Damon home,

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usually at slash network name or something on the attached block storage.

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Oh, like it sounds like you're probably the only one who has that.

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Think of the AWS users, goddamn it. Some of us are professionals and use like,

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you know, cloud services. So, no, I don't anymore, obviously, because it's what you think of the

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cloud people. I think of cloud people, the cloud native people who might be doing things in a way

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that's non-standard. You cave men bashing together metal. Yeah. Dr. Frey has thoroughly

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let his standard slip over loss. I have like nine layers of abstraction and you only have two layers

315
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of extraction. So when there's nine layers of abstraction, you can't just throw. I get a lot

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of shit about this. Okay, for all the Cosmov stuff, fine. We're on bare metal now, whatever.

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Second year of the bear market. We haven't made any money in a year in Cosmos. Fine. But I genuinely,

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genuinely wake up more stressed every day now because we have moved other networks off to servers,

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off to bare metal. Yeah. That's in your head though. Well, did you set up the monitoring that I sent

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you a link to? I set up a different monitoring because that solution, I was just like, this is

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this is a lot of stuff going on here. It's like, if I don't instantly understand,

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if I have a very low tolerance for a thing being like, I'm like, somebody has built this for their

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own needs. I can just write my own from scratch. So I understand it. I do the same thing. I've built

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monitoring boxes a lot of times. I basically, I started doing it and I was like, you know what,

325
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I fucking hate building monitoring boxes. And there's a reason why I worked as an infrastructure

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engineer for a couple of years. And then I went back to being a programmer because I don't fundamentally

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want to do too much fucking around with infrastructure. So I just punted it all to Grafana Cloud.

328
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And when I actually don't care about the Aptos, this in case we're talking about Aptos metrics,

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I was like, I'm going to make a call here as a business that we don't care about the Aptos specific

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metrics for observability. We only care about the system level metrics like usage network,

331
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all the stuff you get from NodeExporter, which is a much lower cadence. The great thing about it

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being that you can fit it, you can fit like a load of networks, NodeExporters into Grafana

333
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free tier, Grafana Cloud, that is, you just punted a Grafana Cloud done, don't have to run anything

334
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yourself. The Aptos monitoring is incredibly chatty. It sends so much stuff. You will blow

335
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through the free tier on Grafana in about five minutes. It's insane. It sends so much stuff.

336
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It's a big boy. Exactly. And you'd like, well, actually, what we really care about from the

337
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75k every pull or something like that. It's something that's fantastic.

338
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From the Aptos binary, all we really care about is number going up, really.

339
00:31:39,920 --> 00:31:41,280
Right. Yeah, that's really all you care about.

340
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Here is like everything else. So we have alerting for number of peers is number going up.

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Every morning, we have a round robin text at six o'clock in the morning, UTC.

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Every network we're on, the round robins, all of the company pages, pages, their phones now,

343
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right? It round robins all of them with here's the network that I'm calling you from, like the box,

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plus a selection of metrics we care about. Just say, hey, I'm alive. Don't worry about it.

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And then the same at six p.m. UTC as well. So we have that, which is like, hey, I'm alive.

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And then we have Grafana, which is running all of the Grafana Cloud for all the node

347
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exporter metrics now. Because I did the worst of both worlds where we sunset Grafana Clouds.

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We're going to run our own monitoring box, set up a monitoring box, did all the configuration,

349
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was like, this is a massive pain. We can't bother to maintain this. And I realized it was going to

350
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fall to me anyway, because obviously I'm not going to pay one of the other outside contributors

351
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to do the monitoring box because it's like the easiest thing of the things. And I was like,

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oh, shit, I'm just going to be maintaining this forever, actually. So then ended up crawling

353
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back to Grafana Cloud and being like, looking at the usage and basically adding networks and just

354
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watching it creep up towards the end of the free tier and because Grafana Cloud also goes from

355
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like free to like $500 a month. It's there's like absolutely no in between. So you just like creeping

356
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up and then you get like really close and you're just like, okay, well, this is the little while

357
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ago. Obviously we don't need to send passage metrics to Grafana Cloud.

358
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And Stargate's upgrades, you can take that right off there too.

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I was going to say, it's a very, I don't know, is it a British thing or a fray thing

360
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to be both incredibly stressed out about the use of bare metal failure-prone hardware and then

361
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also simultaneously getting annoyed with an upgrade for five minutes and saying, I'm going to unbond.

362
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Like those two things do not really go together. Is that like, is that a cultural?

363
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Oh, it's back to the, it's back to the, you're always expecting the sky to fall. So, you know,

364
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there's something bad about it. Did you unbond Stargate's? It was joking. It was

365
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fun. It was deadpan humor. I'm out. No, it was just, I was doing something else that was

366
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more, because it was evening as well by that point. I was about to put pizza in the oven.

367
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I was like, kind of done with things. I was like, I've got a couple things I want to do before the

368
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product. Was your situation any more inconvenient than it being at 1am whilst you just had 3am sleep?

369
00:34:32,800 --> 00:34:37,040
Well, yeah, but like, if it was at 1am, I would have just fucking not done it.

370
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Clearly unbonded at that point. Yeah, just unbonded.

371
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Nice shit. Where's my ledger? Yeah.

372
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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.

373
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I feel like the phrase backup script is just auto unbonded.

374
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Yeah.

375
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The last line of defense is auto unbonded.

376
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It's just, it's just, it's just PS orc's grep cosmo visor anan kill 9. That's

377
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RM-RF.

378
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So both that exists and you have the wall keys sitting underneath like in a Swiss bank account,

379
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you have to actually like fly on a plane to get to both those things. Both exist at the same time.

380
00:35:25,040 --> 00:35:28,880
Right. I can, well, you have to off see that unbonding to a different wall is the thing.

381
00:35:29,440 --> 00:35:32,800
That's right. And that, that those keys are in a different bank.

382
00:35:32,800 --> 00:35:33,760
You have to go somewhere else.

383
00:35:33,760 --> 00:35:38,240
That's the particular thought is located in a, on a Raspberry Pi in a bank vault.

384
00:35:39,680 --> 00:35:42,400
I mean, look, okay.

385
00:35:42,400 --> 00:35:44,400
I think it's the internet.

386
00:35:45,840 --> 00:35:52,000
For a lot of these chains, genuinely, unthecetiously, I think the reason I made that joke as well

387
00:35:52,000 --> 00:35:58,480
was because I saw on the, I saw in the chat like a new validator being like,

388
00:35:58,480 --> 00:36:04,080
being like, let's see who fucks this up and then doesn't come back up. And I'm like, haha.

389
00:36:04,080 --> 00:36:07,520
Was it that, was it a period, was it a period nodes or whatever that is?

390
00:36:07,520 --> 00:36:09,040
I can't remember. It's like, fuck it.

391
00:36:09,040 --> 00:36:11,200
That guy loves that steak and masturbate.

392
00:36:11,200 --> 00:36:15,280
Or he just, he just goes to upgrade channel to upgrade channel to see who doesn't go up and then show

393
00:36:15,280 --> 00:36:17,280
like, what the fuck? Just one thing.

394
00:36:17,280 --> 00:36:20,000
He just started to, he just started to, like,

395
00:36:20,000 --> 00:36:20,800
There's just a shit on it.

396
00:36:21,360 --> 00:36:24,000
I mean, like, yeah, basically like some jibby small balls.

397
00:36:24,000 --> 00:36:28,640
It's just like, when will the foundation take care of this?

398
00:36:28,640 --> 00:36:29,840
Was like having a bit of chat.

399
00:36:29,840 --> 00:36:38,080
I was like, you know, bub, bubba, maybe 30 seconds, maybe, maybe,

400
00:36:39,360 --> 00:36:41,440
some of us only give a shit about networks that make money.

401
00:36:41,440 --> 00:36:43,680
Yeah. Or maybe I'm in bonding right now.

402
00:36:43,680 --> 00:36:45,680
Maybe, maybe some of us don't work for free.

403
00:36:45,680 --> 00:36:47,120
Oh, apparently we fucking do.

404
00:36:47,120 --> 00:36:53,840
So, you know, that's why this is like a frustration because instead of eating pizza,

405
00:36:53,840 --> 00:36:59,280
which is what I wanted to be doing, I'm trying to work out why the fuck system D is crashing out

406
00:36:59,840 --> 00:37:03,680
immediately after 15 milliseconds, a crash loop.

407
00:37:04,800 --> 00:37:06,880
The answer was human, human stupidity.

408
00:37:07,680 --> 00:37:12,000
So we go through various stages of blockchain, right?

409
00:37:12,000 --> 00:37:16,160
I think we're at like Ball Lake blockchain marketing at the moment.

410
00:37:16,160 --> 00:37:17,920
Marketing. We aren't marketing.

411
00:37:18,640 --> 00:37:19,840
Speaking of that, let's get to the news.

412
00:37:20,400 --> 00:37:21,360
Ah, the news.

413
00:37:21,360 --> 00:37:28,080
So actually some, I mean, everything that happened this week is more of just like funnies.

414
00:37:28,080 --> 00:37:31,440
So did you guys hear about the Osmo thing?

415
00:37:31,440 --> 00:37:32,320
It's pretty funny.

416
00:37:32,320 --> 00:37:35,280
Well, it's probably not funny to anyone who.

417
00:37:35,280 --> 00:37:37,600
Wait, is this the, is this the lone thing or whatever?

418
00:37:37,600 --> 00:37:38,800
You told me about it, I think.

419
00:37:38,800 --> 00:37:48,240
So there was a, so allegedly an Osmo dev because I've heard people say Osmo dev about this thing

420
00:37:48,240 --> 00:37:55,440
a lot, but I've not actually heard anyone say who the Osmo dev is or how they know it's an Osmo dev.

421
00:37:55,440 --> 00:37:59,040
I'm sure Brahma's going to chime in here, but presumably it's some sort of wallet that's

422
00:37:59,600 --> 00:38:02,000
apparently an Osmo dev wallet.

423
00:38:02,000 --> 00:38:13,840
So this individual or entity or whatever wallet took out some loans with Osmo against USDT on

424
00:38:14,480 --> 00:38:20,160
Umi and Mars, which is actually quite smart if you want to dump your token without dumping your token.

425
00:38:20,160 --> 00:38:24,800
So you can, you know, borrow against it and just let it get liquidated at some point.

426
00:38:24,800 --> 00:38:30,560
But anyway, so they've borrowed one and a half million USD against their own.

427
00:38:30,560 --> 00:38:37,200
Always question when that loan gets liquidated, like, so I'm a DeFi idiot.

428
00:38:37,200 --> 00:38:39,440
Like I don't fucking understand DeFi.

429
00:38:39,440 --> 00:38:42,640
So they've got the USD, right?

430
00:38:42,640 --> 00:38:47,360
Or USDC, presumably whatever they've converted it into, right, that loan.

431
00:38:47,920 --> 00:38:50,400
They've secured it using Osmo.

432
00:38:50,400 --> 00:38:51,200
That's right.

433
00:38:51,200 --> 00:38:51,920
Is that that way?

434
00:38:51,920 --> 00:38:52,560
Yeah, Osmo.

435
00:38:52,560 --> 00:38:53,120
Yeah.

436
00:38:53,120 --> 00:38:54,240
Oh, fuck Lord, I was wondering.

437
00:38:54,240 --> 00:38:57,680
What's, why do they ever need to pay it back?

438
00:38:57,680 --> 00:39:00,240
Like they can just ghost, presumably, right?

439
00:39:00,240 --> 00:39:02,400
So you can just let it get liquidated.

440
00:39:02,400 --> 00:39:03,680
I'm going to fuck off, right?

441
00:39:03,680 --> 00:39:04,880
And then fuck off, right?

442
00:39:04,880 --> 00:39:06,640
There's no, like nobody's going to collect.

443
00:39:06,640 --> 00:39:08,000
Yeah, nobody's going to collect.

444
00:39:08,000 --> 00:39:08,400
There's not.

445
00:39:08,400 --> 00:39:16,400
So the funny thing, shoot, shoot, shoot, shoot in the comments says also no taxes.

446
00:39:16,400 --> 00:39:23,120
And as we're at taxes aficionados, I want to know, do you have to pay the tax once you get liquidated?

447
00:39:23,120 --> 00:39:24,640
How does that work?

448
00:39:24,640 --> 00:39:29,920
If you put up your Osmo for a loan and then you get your USD, run off with it.

449
00:39:29,920 --> 00:39:30,240
It's lost, right?

450
00:39:30,240 --> 00:39:31,520
You just lost tokens or what?

451
00:39:31,520 --> 00:39:31,920
Hey?

452
00:39:31,920 --> 00:39:32,320
Yeah.

453
00:39:32,320 --> 00:39:33,680
It's just lost tokens at that point.

454
00:39:33,680 --> 00:39:37,520
Is a liquidation event, like is that a taxable event?

455
00:39:37,520 --> 00:39:39,120
I don't see taxable what?

456
00:39:39,120 --> 00:39:41,680
There's a small amount of value being removed, right?

457
00:39:41,680 --> 00:39:42,240
I don't know.

458
00:39:42,240 --> 00:39:43,200
Good question.

459
00:39:43,200 --> 00:39:46,960
For those listening on the podcast, everyone is just sort of staring at the camera,

460
00:39:46,960 --> 00:39:49,120
deep in thought, she'll see especially.

461
00:39:49,120 --> 00:39:55,520
Especially ask my lawyer and or accountants and or our finance guys.

462
00:39:55,520 --> 00:40:00,880
I think all of them would say, please, if you're thinking of doing this, do not.

463
00:40:02,240 --> 00:40:02,400
Yeah.

464
00:40:02,400 --> 00:40:03,360
So that's true.

465
00:40:03,360 --> 00:40:03,520
Yeah.

466
00:40:03,520 --> 00:40:04,960
So who owns that debt?

467
00:40:04,960 --> 00:40:06,000
Who owns that debt?

468
00:40:06,000 --> 00:40:06,560
So that's a debt.

469
00:40:06,560 --> 00:40:06,720
Right.

470
00:40:06,720 --> 00:40:07,440
Community.

471
00:40:08,000 --> 00:40:09,360
The protocol.

472
00:40:09,360 --> 00:40:11,120
So protocol is a debt, right?

473
00:40:11,120 --> 00:40:11,280
Yeah.

474
00:40:11,280 --> 00:40:13,520
And then it just gets liquidated on market, I think.

475
00:40:13,520 --> 00:40:18,800
So this, so if you think a token is going down, you, you take out as much possible

476
00:40:18,800 --> 00:40:21,520
loans as you can associate to that because they are completely.

477
00:40:22,240 --> 00:40:25,360
Well, I guess when you take out a loan to you, don't shift the needle.

478
00:40:25,360 --> 00:40:29,280
I don't know if like, well, you over collateralize the loan, right?

479
00:40:29,280 --> 00:40:32,320
So you're always going to put up more than what it's worth.

480
00:40:32,320 --> 00:40:34,160
But I mean, it's ahead at that time.

481
00:40:34,160 --> 00:40:34,560
Yeah.

482
00:40:34,560 --> 00:40:34,720
Yeah.

483
00:40:34,720 --> 00:40:34,960
Right.

484
00:40:34,960 --> 00:40:35,520
At that time.

485
00:40:35,520 --> 00:40:38,240
But like if you, if you think it's just dropping, then what the hell?

486
00:40:38,240 --> 00:40:40,240
I mean, that's basically going short, right?

487
00:40:40,240 --> 00:40:43,200
Isn't that basically by definition of what it is?

488
00:40:43,760 --> 00:40:46,640
Well, it's, it's like going short with a pretty big spread.

489
00:40:46,640 --> 00:40:48,880
Well, isn't it short as a payment?

490
00:40:48,880 --> 00:40:49,440
Short as a payment.

491
00:40:49,440 --> 00:40:54,640
The fucking risk because if you, if you didn't give a fuck about your collateral, then you just walk.

492
00:40:54,640 --> 00:40:59,200
Well, I mean, if you short, if you short a position, it's usually you don't own the, the.

493
00:40:59,200 --> 00:41:00,240
Correct.

494
00:41:00,240 --> 00:41:02,960
It's, it's a, it's a promise to, it's a promise to buy it.

495
00:41:02,960 --> 00:41:03,440
Right.

496
00:41:03,440 --> 00:41:04,080
They're short.

497
00:41:04,080 --> 00:41:09,040
But because you get, presumably you get the USDC or whatever, do you get it straight away?

498
00:41:09,040 --> 00:41:11,040
It's unlocked slowly or how does that?

499
00:41:11,040 --> 00:41:14,560
No, you get the, you get the, you swap it for the USD straight away.

500
00:41:14,560 --> 00:41:16,240
But no, surely not.

501
00:41:16,240 --> 00:41:20,000
Because, because then otherwise the protocol is broken from the get go because.

502
00:41:20,000 --> 00:41:24,240
So I have the collateralized and then it's liquidated once you hit your liquidation.

503
00:41:24,240 --> 00:41:24,800
Right.

504
00:41:24,800 --> 00:41:24,960
Right.

505
00:41:24,960 --> 00:41:27,280
But overclassified by how much percentage?

506
00:41:28,240 --> 00:41:28,880
Fair, fair.

507
00:41:28,880 --> 00:41:29,600
Yeah.

508
00:41:29,600 --> 00:41:29,840
Right.

509
00:41:29,840 --> 00:41:30,000
Okay.

510
00:41:30,000 --> 00:41:31,920
But if I know Osmo is going to go down, right?

511
00:41:31,920 --> 00:41:33,040
I am an Osmo dev.

512
00:41:33,040 --> 00:41:34,960
I know the price is going to go down, right?

513
00:41:34,960 --> 00:41:38,960
So I put up $1.5 million in Osmo, right?

514
00:41:38,960 --> 00:41:42,880
To get a $1 million USDC loan now, right?

515
00:41:42,880 --> 00:41:44,240
The Osmo is up.

516
00:41:44,240 --> 00:41:49,120
I can then immediately goes to Aruba or whatever with $1 million.

517
00:41:49,840 --> 00:41:51,520
And I don't give a fuck.

518
00:41:51,520 --> 00:41:53,280
So it is nothing like short.

519
00:41:54,800 --> 00:41:58,720
There is no risk to me if I already know that my asset is fucked.

520
00:41:58,720 --> 00:41:59,120
Correct.

521
00:41:59,120 --> 00:42:04,480
If it goes up, if the price goes up, you can theory pay that back because you know that you're

522
00:42:04,480 --> 00:42:07,200
getting, you're getting that asset back.

523
00:42:07,200 --> 00:42:10,880
If the price goes to shit, you have literally no consequence.

524
00:42:10,880 --> 00:42:14,480
So it's more of a hedge that you pay a little bit of interest for.

525
00:42:14,480 --> 00:42:16,080
It's probably like insurance, right?

526
00:42:16,080 --> 00:42:20,000
It's an unsecured loan that really has no repercussions, right?

527
00:42:20,000 --> 00:42:22,800
I mean, it sounds pretty sweet.

528
00:42:22,800 --> 00:42:24,640
My brain is a bit broken.

529
00:42:24,640 --> 00:42:26,080
This is even a thing.

530
00:42:26,080 --> 00:42:26,640
I don't know shit.

531
00:42:26,640 --> 00:42:29,840
I mean, I try not to borrow anything.

532
00:42:29,840 --> 00:42:32,240
That's my, I try not to borrow anything ever.

533
00:42:32,240 --> 00:42:33,120
I'm a cash guy.

534
00:42:33,120 --> 00:42:35,200
The very, very minimum, the very, very minimum.

535
00:42:35,200 --> 00:42:38,960
Like credit, I'll carry balances on credit like month to month, like I pay every month type of thing,

536
00:42:38,960 --> 00:42:39,360
right?

537
00:42:39,360 --> 00:42:42,080
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.

538
00:42:42,080 --> 00:42:42,720
Like I don't want that.

539
00:42:42,720 --> 00:42:44,160
I've never even had a credit card.

540
00:42:44,160 --> 00:42:46,720
I have presumably no credit rating.

541
00:42:46,720 --> 00:42:47,600
I have, I have a good credit.

542
00:42:47,600 --> 00:42:50,800
I mean, we have whatever other than homes.

543
00:42:50,800 --> 00:42:52,960
Like homes are like, you got to, you know, you got to do what you got to do.

544
00:42:52,960 --> 00:42:56,720
Um, so like that idea is crazy.

545
00:42:56,720 --> 00:42:57,520
Here's a good point.

546
00:42:58,800 --> 00:42:59,520
Don't pay it back.

547
00:42:59,520 --> 00:43:05,040
If Osmo goes up, you can take out more because the leverage drops.

548
00:43:05,040 --> 00:43:11,120
Yeah, this is cool. This is good. I don't see why the regulation people want to get in on this shit.

549
00:43:11,120 --> 00:43:11,760
Doesn't make any sense to me.

550
00:43:11,760 --> 00:43:16,320
It's genuinely, genuinely we must have misunderstood how this loan.

551
00:43:16,320 --> 00:43:16,880
We must have.

552
00:43:16,880 --> 00:43:17,040
Yeah.

553
00:43:17,040 --> 00:43:21,040
It must be something because this is astonishingly and obviously broken.

554
00:43:22,400 --> 00:43:26,960
I mean, I've seen quite a few Twitter posts about like people that will then do like

555
00:43:26,960 --> 00:43:30,560
loops of loans to get a lot of things going, and that's basically what happened to Tara, right?

556
00:43:30,560 --> 00:43:31,920
Like Tara is basically yeah.

557
00:43:31,920 --> 00:43:32,420
Yeah.

558
00:43:32,420 --> 00:43:34,480
Well, that was a big compound thing, right?

559
00:43:34,480 --> 00:43:34,880
Yeah.

560
00:43:34,880 --> 00:43:38,320
You just take that amount and you go alone again and then you like you keep doing it over and over.

561
00:43:38,320 --> 00:43:44,560
Right? Yeah. But you got paid the compound shit coin for like the loan and the the

562
00:43:45,040 --> 00:43:53,040
loan borrow. Yeah. The borrow as a borrow and as a water and the loaning you got compound force. We were like,

563
00:43:54,240 --> 00:43:56,720
circle Jack myself off till I fucking die.

564
00:43:56,720 --> 00:44:04,720
Yeah. Going with the dollar we'll get with 400 shit coins. So Rama Rama. So yeah. So Rama says he does

565
00:44:05,440 --> 00:44:10,880
it's confirmed that is a dev. So that so that piece so that's not so that's not great because

566
00:44:10,880 --> 00:44:15,760
so is there any any resolution like is there a plan on what and how much was it was it? It's

567
00:44:15,760 --> 00:44:19,040
a pretty big number right? 1.5 million USD.

568
00:44:21,520 --> 00:44:25,920
Perfect. Lovely. Should be no problem pulling together no problem. No big deal.

569
00:44:25,920 --> 00:44:32,320
Well, should be no problem. Is it I mean is it a big deal presumably because it's getting liquidated

570
00:44:32,320 --> 00:44:37,520
at the moment right? And since that person is known that the price will get tanked because of the

571
00:44:37,520 --> 00:44:41,840
liquidation but it's like right. I don't think it's like it's an instant liquidation like it

572
00:44:41,840 --> 00:44:48,240
liquidates to maintain the it liquidates in tranches right? It's like it's like options expiring or

573
00:44:48,240 --> 00:44:54,480
something like that. So since that person is known or at least probably through the osmosis

574
00:44:54,480 --> 00:44:59,120
foundation slash protocol. Let's let's clarify. No one to Rama. Okay. No.

575
00:45:00,240 --> 00:45:06,960
All right. So if he knows chances are internally osmosis they know. Well, they would know.

576
00:45:06,960 --> 00:45:12,800
Of course they would know. Yeah. So if so internally does does that group take action

577
00:45:12,800 --> 00:45:19,840
against one of their own dev slash employees due to this because it's harmful to the protocol and to

578
00:45:19,840 --> 00:45:24,960
their business? Like do you have an employee taking a massive financial risk and letting it go to the

579
00:45:24,960 --> 00:45:30,400
point that it could cause undue harm to the company? So as an organization that is a company that

580
00:45:30,400 --> 00:45:35,120
does have employees and has revenues. Would they take action on employee in this situation?

581
00:45:35,120 --> 00:45:39,440
Look at what crazy fucking loss it would have been. What can they do? It's their financial

582
00:45:39,440 --> 00:45:44,480
position like if you were the dev you'd be like, yeah, okay, I'll take my $1 million. I don't know

583
00:45:44,480 --> 00:45:51,280
if you can go fuck yourself. Look at it from this perspective. It's not the company's money.

584
00:45:51,280 --> 00:45:56,720
It's his money. Yeah. It's a decentralized protocol. The protocol exists to be used.

585
00:45:56,720 --> 00:46:03,040
If you want to use it in a way that you get the principle of boys will be boy is the

586
00:46:03,040 --> 00:46:09,040
blinds. There's a bunch of legal precedents. You know, Habeas corpus, yada, yada, yada boys

587
00:46:09,040 --> 00:46:15,440
will be boy is this is boys will be boy is all the fucking way. Is it the inside of training?

588
00:46:15,440 --> 00:46:21,120
Yes. Is it inside the inside of trading? Claxton, the regulator, we hear in a second.

589
00:46:21,120 --> 00:46:26,160
She'll see we never say that. You know why they can be knocking down your door in minutes.

590
00:46:27,120 --> 00:46:30,720
Snowden's going to be like, so I'm going to say the thing. It's not a security.

591
00:46:31,600 --> 00:46:38,000
It's not a security. It's not a tool. It's not a tumor. All right. Anyway,

592
00:46:38,000 --> 00:46:41,040
enjoy it. They'll figure it out, I guess, right? So what's going to happen?

593
00:46:41,040 --> 00:46:42,560
Price going to I mean, nothing.

594
00:46:44,560 --> 00:46:53,680
Cosmos is going to decline. So he added the dev has supplied an additional one million of Osmo

595
00:46:53,680 --> 00:46:59,360
to the loan to reduce the risk and borrowed 200 K Osmo from another dev to stop the position.

596
00:47:02,160 --> 00:47:06,240
That's a steady lads. Hey, man, could I borrow 200 Osmo?

597
00:47:06,240 --> 00:47:11,360
Hey, it's reaching across the you got some more in the conference room. Yeah.

598
00:47:11,360 --> 00:47:17,040
Who's got any Osmo later on? Can't just pay it back. That'd be outrageous. Exactly.

599
00:47:20,480 --> 00:47:23,680
One million dollars is now sitting in some personal road.

600
00:47:25,760 --> 00:47:31,120
We've got to the situation by mesc row with unsecured loads of the asset that has no intrinsic

601
00:47:31,120 --> 00:47:38,880
value. Know how we can solve this is by adding more of the value that's adding more of the asset

602
00:47:38,880 --> 00:47:44,640
that is now tanking in value to the loan. That will fucking sort it. Amazing.

603
00:47:45,280 --> 00:47:49,840
Let's take some personal look. No documentation. Let's agree that you're going to give me 250,000

604
00:47:49,840 --> 00:47:55,280
Osmo. I mean, there's a fair chance that that money doesn't exist anymore. That dude had a bender.

605
00:47:57,360 --> 00:48:00,880
I mean, at this point, they're throwing good money off the bad. What the fuck? I mean,

606
00:48:00,880 --> 00:48:07,040
I like I said in our group chat earlier today, Soviet tactical doctrine from the Cold War

607
00:48:07,040 --> 00:48:11,280
and possibly even before said, don't reinforce defeat. What are they doing?

608
00:48:12,160 --> 00:48:18,080
So money and you go. You just be like, this is all looking very unfavorable to my beach house.

609
00:48:20,160 --> 00:48:23,920
I want to know about the fire festival and fuck off. Yeah, I want to know. Put the other

610
00:48:25,360 --> 00:48:29,120
loans him another 200,000 Osmo. I wouldn't be an other. I'd be like,

611
00:48:29,120 --> 00:48:35,600
you have a loan taken out now. You can shove off. No, like, she'll see. I kind of feel like these

612
00:48:35,600 --> 00:48:40,960
devs are doing like a little bit of a fucking script like Scourge McDuck thing and just like

613
00:48:40,960 --> 00:48:47,040
diving into their pools of fucking Osmo. Yeah. The thing is, if you dive into a pool of Osmo,

614
00:48:47,040 --> 00:48:50,320
it's not fucking real. So you just hit the bottom of the pool.

615
00:48:52,720 --> 00:48:56,880
I'm just saying it all kind of sounds like a circle stick to me, but yeah, a little bit of a

616
00:48:56,880 --> 00:49:03,040
circle stick. Classic. I'm surprised they didn't like take 250,000 Osmo and stick it on like a

617
00:49:03,040 --> 00:49:09,440
gelato lottery or some shit. Just trying to double this thing. I know how we're going to get out of it.

618
00:49:12,640 --> 00:49:16,160
We bet quarter million Osmo on a fucking lottery somehow. That's a

619
00:49:18,240 --> 00:49:20,880
if they just like fucking throw it out of jail also or something.

620
00:49:20,880 --> 00:49:27,520
I was trying to look for some, though, what was the most D gen way I could do something with

621
00:49:27,520 --> 00:49:31,840
these tokens? That was all I had. The castle thing. What's the castle thing from Juneau from a long

622
00:49:31,840 --> 00:49:43,840
time ago? What was that called? The one that Jaby was like pushing notes in. Is Jaby still in the

623
00:49:43,840 --> 00:49:48,240
cosmos? Because I haven't heard from Jabster in fucking ways. He works for Strangelove,

624
00:49:48,240 --> 00:49:53,840
didn't he? I don't think he does anymore. I think he left. I think he left. Yeah. I mean, hearing

625
00:49:53,840 --> 00:49:58,640
the word the castle, he probably just fucking had a flash of PTSD going here for another fucking

626
00:49:58,640 --> 00:50:04,960
three months. Yeah, it was Ford and Latin was Ford's economic something. Yeah. I mean, that was

627
00:50:04,960 --> 00:50:09,760
one of the situations where you're like, this is going to end in tears. I mean, at narrator, it ended

628
00:50:09,760 --> 00:50:15,760
in tears. I think he had like a 30 minute block on his calendar every day for that, right? Like he

629
00:50:15,760 --> 00:50:23,600
was constantly just de-gening. Just a lot of people were like, oh my God. Listen, if I stake my T

630
00:50:23,600 --> 00:50:29,840
Fortis, I get F Fortis. And with that F Fortis, I can I can then re-bond it. And then my G Fortis

631
00:50:29,840 --> 00:50:35,200
can double in price in three weeks. I'm pretty excited about this. Remember the days when money

632
00:50:35,200 --> 00:50:42,640
was so abundant in the cosmos that you just piss it away on weird shit like Fortis? I mean, or NFT

633
00:50:42,640 --> 00:50:52,720
Nashville. Okay, so to our audience, that was not cosmos money that's playing for that one from our

634
00:50:52,720 --> 00:51:00,480
end, is it? No, it's not. It's not cosmos money. So to our audience, we want to announce that we are

635
00:51:00,480 --> 00:51:09,760
sponsoring NFT Nashville, not solo sponsoring it, but we have grouped our coins together,

636
00:51:09,760 --> 00:51:22,880
our USDC coin to sponsor a whale spot of the NFT Nashville. No, we'll be there. Enjoy. Yep. We got

637
00:51:22,880 --> 00:51:26,880
the whale spot, really. Yeah, we got the whale spot. Yeah, this is big balls blockchain, dude.

638
00:51:27,840 --> 00:51:34,400
Ball Lake blockchain for the win. We are in we're in good company in that list, actually. I was

639
00:51:34,400 --> 00:51:40,640
actually trying to pull the list because I just got a list. I know Stargaze is sponsoring, OmniFlix

640
00:51:40,640 --> 00:51:47,520
is sponsoring. It's held by Crypto Tank and Cosmos Joe and I think some other folks are

641
00:51:47,520 --> 00:51:54,720
sponsoring or putting it in silence November 4th, 2023 in Nashville. It looks to be a cool event.

642
00:51:54,720 --> 00:52:00,560
There's a lot of talk going on with scenes about things that we can do to make it something cool.

643
00:52:00,560 --> 00:52:04,960
We want to do something from a Game of Nose perspective that I assume will be probably

644
00:52:04,960 --> 00:52:15,200
shitty and underrepresented and last minute. We're going to get a master poster, like a backdrop,

645
00:52:15,200 --> 00:52:22,320
all of the panel talks, whatever have to happen in front of this. Oh, shit, my light's in the way.

646
00:52:23,280 --> 00:52:28,240
Have to happen from this backdrop. And it just says go mod tidy. That's right. Yep.

647
00:52:28,240 --> 00:52:33,280
Gelato is sponsoring NFTs. Social Circle. That sounds like CircleStake. That sounds like a

648
00:52:33,280 --> 00:52:40,160
fucking CircleStake. Sponsored with what? Like Archway is sponsoring, I think. I think that Lucky

649
00:52:40,160 --> 00:52:45,520
Friday is sponsoring. So, friend of the show, Funky. I mean, most of these sponsors. We're

650
00:52:45,520 --> 00:52:50,240
actually pretty good. Archway is worth more than most of these sponsors. I mean, our involvement

651
00:52:50,240 --> 00:52:54,800
really, I think to these teams really solidifies their involvement. So,

652
00:52:54,800 --> 00:53:02,240
you know that sponsorship has gotten cheap in the crypto winter when Game of Nose is like,

653
00:53:03,040 --> 00:53:08,240
yeah, lads, let's just chip in, which I think was pretty much how it was phrased in the group chat.

654
00:53:08,880 --> 00:53:15,040
It was used up as being like, come on, lads, steady lads, let's deploy some more capital.

655
00:53:16,560 --> 00:53:24,160
So, which will to our audience, if you like our content and you want to help us support

656
00:53:24,160 --> 00:53:32,080
other crap stuff, send shitcoins to our Dow Treasury. We'll take loans out against it for USD.

657
00:53:32,080 --> 00:53:40,960
Yeah, that's a good idea, actually. Canada, can it now take out a million dollars?

658
00:53:42,000 --> 00:53:45,520
That is a good question. That's the real fucking question we should figure out.

659
00:53:45,520 --> 00:53:49,600
The only problem is that all of our shitcoins are now completely worthless, so we can't pull

660
00:53:49,600 --> 00:53:55,280
that kind of a stud. I agree. The Dow Treasury, we could do more with that, right? If there's more

661
00:53:55,280 --> 00:54:01,920
money in there. If there was more money in there, like not from us. The funny thing here is that

662
00:54:01,920 --> 00:54:06,880
I was trying to find money from the Dow Treasury. From our end, I was trying to find money to get

663
00:54:06,880 --> 00:54:11,360
into this to pay for our sponsorship because obviously we're pretty much... Did you check

664
00:54:11,360 --> 00:54:16,400
under your car carpet near your driver's seat? Yeah, looking at whole on the wall outside?

665
00:54:16,400 --> 00:54:21,520
We don't hold crypto. We either stake it or sell it because of the way tax rules,

666
00:54:21,520 --> 00:54:28,400
bing, bing, bing, bing, bing work in our jurisdiction. Some people may remember some great

667
00:54:28,400 --> 00:54:34,320
hares and a beard growing even longer than this last year when our main banking provider

668
00:54:34,320 --> 00:54:37,520
decided that they were suddenly crypto hostile and tried to shut us down.

669
00:54:38,960 --> 00:54:43,520
We had a really weird situation last week where we had to get hold of some crypto,

670
00:54:43,520 --> 00:54:48,960
but we have basically a business bank provider now that are not crypto hostile,

671
00:54:48,960 --> 00:54:53,200
but they are a boomer bank. We have to go into a branch. I think the only reason they're not

672
00:54:53,200 --> 00:54:57,120
crypto hostile is because they're like internet what? Because they've never heard of it.

673
00:54:58,240 --> 00:55:04,480
Literally, I have to go in and queue up and talk to a cashier to do business. They have a

674
00:55:04,480 --> 00:55:11,040
business banking desk at the bank and you have to go there and do stuff. If I want to know the

675
00:55:11,040 --> 00:55:19,600
fucking, yeah, literally to get to a statement, I have to go in. It's mad. I had to write a letter

676
00:55:19,600 --> 00:55:26,560
from my accountant and then to get the banking feed, there's a standard banking fee protocol

677
00:55:26,560 --> 00:55:33,440
to send it to zero or your accountant or third party, whatever. They provide that on paper with

678
00:55:33,440 --> 00:55:40,400
hash, which is the API key for zero. They literally give you a letter with a hash.

679
00:55:40,400 --> 00:55:46,480
They email you Jason. That's how boomer bank, they're just like, oh gosh,

680
00:55:47,760 --> 00:55:54,720
the nerds say we need to supply this thing. Just post it to the Moenchi Jenkins. Get it off my desk.

681
00:55:55,520 --> 00:55:58,800
It is madness. Anyway, that's our one banking provider.

682
00:56:00,720 --> 00:56:07,760
Try to set that up or crack it to buy some fucking USDC. Absolutely no dice. It immediately

683
00:56:07,760 --> 00:56:12,240
triggered an anti-fraud like somebody's nicked your card. Our corporate card got locked.

684
00:56:13,520 --> 00:56:16,880
Nearly the last week, I was just like, seriously, lads, fuck this. This is madness.

685
00:56:16,880 --> 00:56:21,280
So our corporate card got locked. Our main bank that we use for everything else that

686
00:56:21,760 --> 00:56:26,000
pay rate of this bill, blah, blah, blah, blah, they're crypto hostile. So if we touch

687
00:56:26,000 --> 00:56:31,120
cracking with that now, that bank will shut us down. They've already issued us a threat last year.

688
00:56:31,680 --> 00:56:34,480
So we were just looking at the fucking buy crypto.

689
00:56:34,480 --> 00:56:38,960
Dude, honestly, your banking as compared to like a fucking podcast on its own.

690
00:56:38,960 --> 00:56:44,000
It's mad because do you know what the perverse thing is right? The business banking, the U.S.

691
00:56:44,000 --> 00:56:49,760
World is super, super good. It's really easy. It's really stress free. You can do all like,

692
00:56:49,760 --> 00:56:53,520
especially the modern stuff. It's all on an app. It's really, really straightforward. It's really

693
00:56:53,520 --> 00:56:59,280
streamlined. You get great notifications, great customer service and stuff, except the ones that

694
00:56:59,280 --> 00:57:03,120
have decided to be crypto hostile as the regulations change. Suddenly, you're just like,

695
00:57:03,120 --> 00:57:09,040
they're like, fuck you. Who the fuck are you? It's super weird. Anyway, but we like Nelson,

696
00:57:09,040 --> 00:57:16,560
we ended up finding some shit coins on the sofa. We ended up fine. It was like something like,

697
00:57:18,080 --> 00:57:24,400
we needed like $800 or $900 or something like that. And we had like $20 less than we needed.

698
00:57:24,400 --> 00:57:29,120
So we managed to, we had like almost all of it. And then you said, it was like, yo,

699
00:57:29,120 --> 00:57:34,960
you're like $40 short. And so we had to liquidate like 400,000 stars or something to make up the

700
00:57:34,960 --> 00:57:42,000
final $40. And you're like, hmm, remember when that was nearly a dollar? I'm going to regret

701
00:57:42,000 --> 00:57:47,280
that when that gets back to a dollar. That's so funny. All right. Other sponsors, I think I might

702
00:57:47,280 --> 00:57:51,280
have misspoke a little before just to, I don't leave anybody out. Astro Vault, I see Atlas Dow,

703
00:57:51,280 --> 00:57:59,200
Bad Kids is sponsoring Crypto Dungeon, IBC Gang, Interblock, Manechi Neco, NFT, Quantum Club,

704
00:57:59,200 --> 00:58:04,240
and Terraspaces Slash, Rack FM are also sponsors. Probably not the big balls blockchain level.

705
00:58:07,120 --> 00:58:10,720
Are they going to have red velvet ropes for us there? Or do we have to bring our own?

706
00:58:11,360 --> 00:58:14,240
We need like a big balls tear. Dude, they all have more money for us.

707
00:58:14,240 --> 00:58:21,840
Yeah, like Grand Cajones tear. Do we need like a, yeah, do we have to like make our own tequila

708
00:58:21,840 --> 00:58:24,880
for this event? Like what do we have to do? What's our sponsorship strategy?

709
00:58:24,880 --> 00:58:30,480
Toilet wine. Prison toilet wine. Prison toilet wine. Like a big like soap.

710
00:58:30,480 --> 00:58:36,800
Like a, just a five gallon bucket with a spigot on it. Well, a little birdie told me that a certain

711
00:58:36,800 --> 00:58:42,080
marketing genius was sponsoring an ice cream cart at a different conference. Yeah. That's how

712
00:58:42,080 --> 00:58:45,840
you get them. That's a boring thing right there. The cost of the NFT Nashville.

713
00:58:47,360 --> 00:58:49,440
Dude, far more than the cost of the NFT Nashville.

714
00:58:51,360 --> 00:58:56,400
Yeah. What flavor ice cream will it be? I don't know, man. We'll have to find out when we get there.

715
00:58:58,080 --> 00:59:05,600
We do not know. I'm going to go to just to have free ice cream and travel across Europe.

716
00:59:05,600 --> 00:59:13,280
Correct. So we're going to an event for Chainlink in October, the first week of October. It's in

717
00:59:13,280 --> 00:59:18,720
Barcelona and which is like in the spinning region of the fray almost.

718
00:59:19,360 --> 00:59:22,640
Yeah, it's only about 12 or 13 hours on the train.

719
00:59:23,280 --> 00:59:26,560
Yeah, you don't have, what else are you doing? I mean, he can't bike there, which is probably

720
00:59:26,560 --> 00:59:32,960
very disappointing to him. Well, so. How much FTP does like need, do you need to get to Barcelona?

721
00:59:32,960 --> 00:59:41,440
So you say that I did. I did look at getting the TGV down to the French border and then cycling over.

722
00:59:41,440 --> 00:59:47,840
But I realized that cycling over the Pyrenees with my laptop in my rucksack would be pretty big

723
00:59:47,840 --> 00:59:53,440
ball. I've done some big days like that in the mountains before with almost it and my laptop

724
00:59:53,440 --> 01:00:00,160
and my ledger. And it's a bit of a pain cycling 100 kilometers a day with your laptop and ledger

725
01:00:00,160 --> 01:00:05,920
in your shoes and your gubbins. It's very sweaty. So it's like, you know what? It sounds awful.

726
01:00:05,920 --> 01:00:13,680
Oh, it's amazing. It's great. Pyrenees as well. It's beautiful. But you know,

727
01:00:13,680 --> 01:00:18,800
don't make business and pleasure. Just can get the train down like a Bond villain cruising on top

728
01:00:18,800 --> 01:00:24,160
deck at the TGV. It's the double deck. For those of you that are interested in your trains,

729
01:00:24,160 --> 01:00:29,280
it's the TGV duplex Renfe from Parigarde Leon to Barcelona.

730
01:00:29,280 --> 01:00:38,560
And more info in this event is Twitter is NFTS Nashville. NFTs Nashville is the handle. And

731
01:00:38,560 --> 01:00:44,000
also there is an NFT Nashville dot omniflix.co. It looks like the tickets are handling through

732
01:00:44,000 --> 01:00:48,240
omniflix, which is super bitching. We talked about this before. It's pretty cool. Come on.

733
01:00:48,240 --> 01:00:54,960
Call me next time. I could have bought you a domain. Well, I think the tickets are through

734
01:00:54,960 --> 01:01:00,480
the omniflix NFT structure, which they use for like, first normally long domain. Like you can

735
01:01:00,480 --> 01:01:05,680
just buy it and redirect it. Right. Website is also NFTS Nashville.io. How about that? That's

736
01:01:05,680 --> 01:01:11,440
better. NFT Nashville.io. And there's a buy tickets link. So then it should be for flash tickets.

737
01:01:11,440 --> 01:01:17,520
How much is the meets and greet with you, SEPA? You know, I was, I should talk about

738
01:01:17,520 --> 01:01:22,240
Dylan and I are closest here, obviously. Like, you know, I think what we should do in true

739
01:01:22,240 --> 01:01:26,560
Cosmos fashion, I was saying before, we should raise $40,000 as a travel budget for he and I to

740
01:01:26,560 --> 01:01:30,960
go to Nashville. That's usually like the way it works. Right? We need a, maybe it's an AA

741
01:01:30,960 --> 01:01:34,960
dollar request. That's what I was just going to say. We're even notes that raise $50,000 to go

742
01:01:34,960 --> 01:01:40,080
down to this show. Well, we should probably ask for like $10,000 a month to like build up to it.

743
01:01:40,080 --> 01:01:45,200
So we're really, so we can really accelerate. Right. We do, yeah, that's right. We do have

744
01:01:45,200 --> 01:01:50,320
two months ahead of us. So that's, yeah, exactly. Yes. With no deliverables. Like just,

745
01:01:50,320 --> 01:01:55,360
we don't have to show up. It's the Cosmos way. Like, we need to show up. We just need to,

746
01:01:56,640 --> 01:02:02,960
hey, you could say that it's a, we could, you can instead propose it as a maintenance contract.

747
01:02:03,520 --> 01:02:08,240
Same amount of work. We could do it. And then we could hit it, go more tidy to like seal the deal.

748
01:02:08,240 --> 01:02:13,200
Maybe like, wow, we're getting really good money. Yeah, you said I can teach you how to be a Cosmos

749
01:02:13,200 --> 01:02:20,000
chain maintainer. Go more tidy. That's such a good shirt idea. So 80 bucks to go this show.

750
01:02:20,000 --> 01:02:23,600
I think that should be pretty cool. Yeah. I don't know. I'm actually, first I was like,

751
01:02:23,600 --> 01:02:27,040
ah, I'm not, you know, might not work out, but now I'm kind of thinking maybe we'll make a trip.

752
01:02:27,040 --> 01:02:30,000
We'll see how it goes. Hey, yeah. So I guess it's worth mentioning that.

753
01:02:30,000 --> 01:02:32,880
Two thousand dollars. Anyway, gets you the meet and greet with you, sir.

754
01:02:32,880 --> 01:02:39,360
Brin, Schultz in the VIP area. They're going to do some signings, talk about, you know,

755
01:02:39,360 --> 01:02:44,960
be there to talk everything game nodes, talk about validator operations and hand out ice cream. So

756
01:02:44,960 --> 01:02:53,440
and and and WGTJ stickers. That's worth 80 bucks right there. That's a one of one NFT.

757
01:02:54,000 --> 01:02:58,320
Wow. I love handing those stickers out because everyone looks so confused. They're like,

758
01:02:58,960 --> 01:03:04,240
should I get this reference? I know, right? No, kids love them because they don't know,

759
01:03:04,240 --> 01:03:07,680
they don't care. They just see the doge with the sunglasses. And they're like,

760
01:03:07,680 --> 01:03:12,240
I want to put it on my laptop or my schoolbook. And you're like, have for my child.

761
01:03:12,240 --> 01:03:17,040
That was such a good memory. When I did that Juneau 16 talk or that prop 16 talk at that

762
01:03:17,040 --> 01:03:23,360
at that CMU thing, we talked about a while back. But and then and then I and I had those things

763
01:03:23,360 --> 01:03:26,560
and everybody knew what that was about, right? Because it was really where that came up was

764
01:03:26,560 --> 01:03:30,400
prop 16. We had those things. I had them all laid out. And like, I'm like, these are all here.

765
01:03:30,400 --> 01:03:34,160
And this is what it stands for. And they're all like, and like some people took them and

766
01:03:34,160 --> 01:03:38,960
somebody just walked right past that thing. Like, I don't know what this means. Staying away from it.

767
01:03:38,960 --> 01:03:45,600
But I put all the stickers on the table at an event where the event holders were had the stickers.

768
01:03:46,160 --> 01:03:49,360
Yeah, I do the same thing. Taking your stickers and leaving. I drop them down. Yeah,

769
01:03:49,920 --> 01:03:55,200
do the same thing. Yeah, I left them at like, either eat Denver, I left them on like some

770
01:03:55,200 --> 01:04:01,440
huge dowel table and it's like dropping sprinkle maroon. The most I've I've yeah, I've put them

771
01:04:01,440 --> 01:04:06,320
right out a few of a few things that I've been to. But I'll be honest, I've been most successful

772
01:04:06,320 --> 01:04:13,520
with the needle cast one with the the man with a this guy. Yeah, that guy, like I've been most

773
01:04:13,520 --> 01:04:23,360
successful with that. There's a what size are you a medium? That's a no you did not send me one.

774
01:04:24,320 --> 01:04:32,960
What size? About 250 ftp to 25 ftp. Because I just noticed in the 25 in the corner of my vision,

775
01:04:32,960 --> 01:04:39,360
there's a t-shirt wrapped by the door. Do you have a oh shit is that sure was his t-shirt?

776
01:04:40,080 --> 01:04:43,680
Do you have do you have one of the did you make them into little little biker caps?

777
01:04:43,680 --> 01:04:49,040
I thought about making cycling caps, but I just you did. That's all the with the brim in the front

778
01:04:49,040 --> 01:04:53,520
right? Yeah, couldn't find supplier couldn't find suppliers like Betty Hill salute like that type

779
01:04:53,520 --> 01:04:58,480
of thing. Yeah, okay guys, we are running out of time. So if you could all shut up for a minute.

780
01:04:58,480 --> 01:05:10,960
So we are planning potentially on doing some t-shirts for a game of nodes. And we are wanting

781
01:05:10,960 --> 01:05:17,120
to know if a you give a fuck and will buy them and be how much you would possibly pay for such a

782
01:05:17,120 --> 01:05:24,400
thing. So leave us a comment somewhere, Twitter or YouTube so we can sort of collect some data

783
01:05:24,400 --> 01:05:30,000
on the market. I expect we'll probably get like one comment, which is like when when t-shirt.

784
01:05:32,480 --> 01:05:37,920
Anyway, in other news this week, so a grayscale investments. Have you heard this?

785
01:05:38,880 --> 01:05:45,040
This this bit of news that the grayscale investments have won a lawsuit against the SEC

786
01:05:45,040 --> 01:05:54,560
overturning a previous rejection of its grayscale Bitcoin trust ETF application. So that was I think

787
01:05:54,560 --> 01:06:00,960
that's reason for this little pump. Yeah, that was apparently good news that led to a micro pump.

788
01:06:00,960 --> 01:06:09,920
That's what I tell my wife, which is which which by the price has disappeared. I think it's gone

789
01:06:09,920 --> 01:06:18,160
because so now all my weak negatives are negative. It reverted somewhat quickly. It sure did. Yeah.

790
01:06:18,160 --> 01:06:26,240
Yeah. I mean, it's it's good news in general. Yeah, like ultra bullish, but it's like it is good

791
01:06:26,240 --> 01:06:32,400
news in any case. Honestly, in this country and this it's so fucked here, right with this type of

792
01:06:32,400 --> 01:06:37,840
like a legislature like it's just it's not really a it's not really environment where things get

793
01:06:37,840 --> 01:06:44,640
where things actually get decided and anything that kind of forces to either decision one way or

794
01:06:44,640 --> 01:06:49,360
the other, at least we get to some sort of like clarity. I think we'll we'll help this market.

795
01:06:49,360 --> 01:06:57,760
So it is disappointing that like the US is so hostile to crypto and I saw in the LaVanna

796
01:06:58,560 --> 01:07:05,200
discord during the week. They were talking about, you know, the adoption of the LaVanna protocol

797
01:07:05,200 --> 01:07:10,640
and someone mentioned like you would have far more users if you didn't geo block the US

798
01:07:10,640 --> 01:07:19,120
or decentralize the front end so that you know, the the it could be accessed by people from the US

799
01:07:20,000 --> 01:07:26,720
and the response I read in the in the discord was that well, whilst we would love to do that,

800
01:07:26,720 --> 01:07:32,400
like why would we risk our protocol? Yeah, by doing that. So, you know,

801
01:07:32,400 --> 01:07:38,400
I mean, arguably like the US is probably the biggest base of users in crypto in the world.

802
01:07:38,400 --> 01:07:45,200
And the fact that like people have to geo block the US is just crazy because they don't know what

803
01:07:45,200 --> 01:07:50,080
might come against them in the future. And if they can't prove that they made at least a best effort

804
01:07:50,080 --> 01:07:54,960
to not allow the access that in their kind of fup. So yeah, that's really the issue, right?

805
01:07:54,960 --> 01:08:01,040
It's like with that lack of clarity, you get worried about a retroactive decision that affects you,

806
01:08:01,040 --> 01:08:06,000
right? Because in some aspects, they feel like it is clear. This is the decision that we've made.

807
01:08:06,000 --> 01:08:12,480
And that's really, that's really, that's shitty, right? Like it's even if it was uncertain and we

808
01:08:12,480 --> 01:08:16,160
don't have a decision around specific type of activities. And so therefore, we're going to allow

809
01:08:16,160 --> 01:08:20,400
them at some point, if we get clarity, then we'll change that. That's one thing. But for projects

810
01:08:20,400 --> 01:08:26,160
to be concerned about retroactive actions that get taken three or five, you know, five years from

811
01:08:26,160 --> 01:08:31,760
now based on decision that's made, that's that's fucking shitty way to live. So yeah, I agree.

812
01:08:31,760 --> 01:08:35,600
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,

813
01:08:35,600 --> 01:08:39,440
like this, this country seems to be so incredibly fucked when it comes to

814
01:08:39,440 --> 01:08:43,360
legislature right now. I don't know if it's, it's not like, I don't think it's leadership change.

815
01:08:43,360 --> 01:08:48,400
I don't think it's any of that. Like it's just, it is, it is a bit challenging.

816
01:08:48,400 --> 01:08:54,400
Like, yeah, I mean, it makes, I mean, who are they protecting? They like fuck everyone with

817
01:08:54,400 --> 01:08:59,120
their own internal policies and then protect them from the boogeyman by fucking, you know,

818
01:08:59,120 --> 01:09:02,400
not letting them access. They want access.

819
01:09:02,400 --> 01:09:06,800
Well, I think, I think mostly it's a way to be able to understand and be able to make sure that

820
01:09:06,800 --> 01:09:10,800
the federal government's making, like they want to be able to make their nut, right? You want to

821
01:09:10,800 --> 01:09:15,840
have the, you want to have be able to have the proper controls for tax and for, and for receiving cash.

822
01:09:15,840 --> 01:09:23,920
And get the big man and also want to protect the institutions that exist and wants to protect

823
01:09:23,920 --> 01:09:28,000
it wants to, and also want to protect people that don't know better. I think that's, oh,

824
01:09:28,000 --> 01:09:31,360
actually, funky. So the same thing protecting old people in bankers. That's more direct way of

825
01:09:31,360 --> 01:09:36,320
saying it. But yeah, that's kind of the same idea is like, that there's, there's, this is

826
01:09:36,320 --> 01:09:39,920
complicated and people understand what it is. So therefore, we have to have a legislation around it.

827
01:09:39,920 --> 01:09:45,120
And also there is a tremendous amount of institution structure that, that has to exist. But

828
01:09:45,120 --> 01:09:49,520
honestly, all those institutions are moving in. So as these things move, it like Swift going to

829
01:09:49,520 --> 01:09:53,680
CCIP for that type of thing. And like, you know, big banks starting their own chains and all this kind

830
01:09:53,680 --> 01:09:57,520
of stuff, like they're all moving in. Like there's actions that are taken. I think that

831
01:09:57,520 --> 01:10:08,240
actually helps long term, to be honest. So I saw on, was it the handsome airdrop? I like read the

832
01:10:08,800 --> 01:10:15,120
terms and conditions of the handsome airdrop. And it pretty much like directly addresses,

833
01:10:15,120 --> 01:10:20,080
is this a security or not? Like in their terms?

834
01:10:20,080 --> 01:10:20,800
So handsome?

835
01:10:20,800 --> 01:10:27,120
Yeah. It's like, I think it's like a clothing brand or something. They're just like having a token

836
01:10:27,120 --> 01:10:32,400
for engagement with their clothing brand. And so I thought that it was a strange little thing.

837
01:10:36,160 --> 01:10:38,560
They certainly had legal have a look at their disclaimer.

838
01:10:39,760 --> 01:10:44,240
Really? I'll have to find, I'll, I'll put a note, a link in the notes about that. And we'll find

839
01:10:44,240 --> 01:10:49,040
more about that. I mean, should you be a fucking token without legal disclaimer or without a legal

840
01:10:49,040 --> 01:10:54,640
team? Like fucking no. Boys will be boys.

841
01:10:54,640 --> 01:10:55,840
Boys will be boys.

842
01:10:55,840 --> 01:11:02,480
Well, there's not. What's it called? If it's not, if you are certain it's never going to get bridged

843
01:11:02,480 --> 01:11:08,240
out, never going to become traded, never going to become value. Otherwise, maybe get legal advice.

844
01:11:08,240 --> 01:11:14,560
Maybe. So if I start a chain and IBC is enabled, right? There's channels there.

845
01:11:15,280 --> 01:11:18,240
Do I have control over whether or not there's a liquidity pool associated with that?

846
01:11:19,200 --> 01:11:23,360
I don't know. I don't know what a regulator would say, but I know

847
01:11:25,280 --> 01:11:30,560
if you have a Twitter account and you're like, I started a chain, they might consider that to be

848
01:11:30,560 --> 01:11:35,760
advertising the chain. And then the fact that somebody else was the creator of a liquidity pool

849
01:11:35,760 --> 01:11:38,560
might not be material to whether or not. Might not be material, right?

850
01:11:39,280 --> 01:11:43,440
I think as soon as you start profiting for it potentially, you potentially get in trouble.

851
01:11:44,080 --> 01:11:49,200
And even if you don't profit, but you might on paper profit, as in the token has value,

852
01:11:49,920 --> 01:11:54,240
then maybe you'll be in trouble as well. Yeah, that sounds not great.

853
01:11:56,240 --> 01:11:59,440
One of the many things one can be concerned about.

854
01:12:00,160 --> 01:12:03,760
I'm starting null names coin as soon as we hang up.

855
01:12:03,760 --> 01:12:06,320
Good plan. I did that shit right into some LPs.

856
01:12:06,320 --> 01:12:09,520
See what's going on. I made a little meme. I made a little meme while we were talking.

857
01:12:10,560 --> 01:12:16,080
There we go. I love it. I wish we could put on a t-shirt, but actually I think I feel like it

858
01:12:16,080 --> 01:12:20,640
doesn't mean like macro memes don't translate very well as a t-shirt formats.

859
01:12:20,640 --> 01:12:28,480
They're a bit unclean. The design isn't nice. Oh man, go my tidies. Now it's just makes me laugh every time.

860
01:12:28,480 --> 01:12:35,520
Jeez, this, I think this airdrop was yesterday and now it's impossible to find in Twitter.

861
01:12:35,520 --> 01:12:40,560
It's gone. What the handsome thing I want to reset?

862
01:12:40,560 --> 01:12:46,560
Yeah, I want to see those disclaimer again. I put it in the sheet.

863
01:12:46,560 --> 01:12:47,600
Anything else on your news?

864
01:12:48,320 --> 01:12:56,880
The other one? So there's the, so I did see this on Twitter, this one, but I'm not 100% sure what all

865
01:12:56,880 --> 01:13:04,080
this means. So it's about BitBoy. I've never seen anything that BitBoy's ever done, ever,

866
01:13:04,080 --> 01:13:08,960
other than heard his name a couple of times around like pump and dump type shit.

867
01:13:09,840 --> 01:13:17,840
But apparently BitBoy, so this is the way Ramra's phrased this, BitBoy, tomb, BitBoy,

868
01:13:17,840 --> 01:13:22,960
spomed his own tombstone. Anyone else want to read this?

869
01:13:22,960 --> 01:13:28,000
So BitBoy tombstone from his own company. You can have a little walk around the room and then come back.

870
01:13:29,360 --> 01:13:38,240
So it says BitBoy has tombstoneed from his own company. So I believe what happened was that he's

871
01:13:38,240 --> 01:13:47,360
like removed himself from the company. BJ Investment Holdings has cut ties with Ben Armstrong.

872
01:13:47,360 --> 01:13:53,440
So whoever the fuck that is. So I think the point is now was that what Ramra's done, he's

873
01:13:53,440 --> 01:14:03,200
given you a title, like a snappy opener, like a lead, then the content for the news piece.

874
01:14:04,080 --> 01:14:10,240
So like, you know, four dead in car crash, a car crash on the Bay Bridge today, blah, blah,

875
01:14:10,240 --> 01:14:16,880
blah, blah, blah, blah, like it's that sort of format. And what you've instead done is mangled the

876
01:14:16,880 --> 01:14:24,000
headline several times, got a little bit confused, had a little lie down, got with a head rush,

877
01:14:24,640 --> 01:14:30,000
got it all, gosh, I stood up too quickly, and then attempted to bumble you away through it.

878
01:14:30,000 --> 01:14:33,920
And I think possibly like Ramra feels like their hard work is.

879
01:14:33,920 --> 01:14:41,200
I mean, if I'm honest, that feels like a fair assessment of the situation.

880
01:14:41,200 --> 01:14:43,760
I'll finish it. Can I finish it? Yeah, man, I don't know what it was.

881
01:14:43,760 --> 01:14:44,480
All right. Here we go.

882
01:14:44,480 --> 01:14:49,760
BJ Investment Holdings has cut ties with Ben, who is the face of BitBoy Crypto, citing substance

883
01:14:49,760 --> 01:14:53,360
abuse and harm to employees. I think it's the other way. So I think he was forcibly removed

884
01:14:53,360 --> 01:14:57,920
from the organization, and he was tombstoneed by his own firm.

885
01:14:57,920 --> 01:14:59,200
You said it's not a new chair.

886
01:14:59,840 --> 01:15:01,120
No, I just added the top to it.

887
01:15:01,120 --> 01:15:04,640
But I just I just I've been trying to put my finger on. So there's something

888
01:15:05,200 --> 01:15:07,280
nerving me this week that was just like.

889
01:15:07,280 --> 01:15:11,040
BJ Investment Holdings My embody some a third party. This is this is also

890
01:15:11,040 --> 01:15:17,200
the news. A third party now sells headrests for the embody chair. And they're fucking awesome.

891
01:15:17,200 --> 01:15:18,080
BJ Investment Holdings Really?

892
01:15:18,080 --> 01:15:20,080
BJ Investment Holdings Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah.

893
01:15:20,080 --> 01:15:24,640
So like, like, Henry Millen never never has a headrest for this thing. And so it's called

894
01:15:24,640 --> 01:15:29,680
Atlas headrests. If you Google Atlas headrests, and they sell them like with the actual like

895
01:15:29,680 --> 01:15:34,640
they buy the fabric. And then it's like a piece of like bolts on it looks it looks totally factory

896
01:15:34,640 --> 01:15:39,360
like it's awesome. And that's a really nice job. So it's like, it's a piece of it. So

897
01:15:39,360 --> 01:15:42,480
as an old man, when I fall asleep in this fucking chair, it's much more comfortable.

898
01:15:42,480 --> 01:15:47,680
It's good stuff. So anyway, so in the 90 dollar IKEA chair here, I've had well, dude,

899
01:15:47,680 --> 01:15:53,520
I had so many but one thing about IKEA, did you know that they used to use prison labor in East

900
01:15:53,520 --> 01:15:59,920
Germany from the 60s through the 80s? Makes sense. IKEA. IKEA. Yeah.

901
01:15:59,920 --> 01:16:01,040
BJ Investment Holdings They're Swedish.

902
01:16:01,040 --> 01:16:06,400
BJ Investment Holdings They use prison labor. Yeah. To build their stuff. Look it up. Google it.

903
01:16:06,400 --> 01:16:08,320
BJ Investment Holdings That would make sense. Because I think they've

904
01:16:08,320 --> 01:16:11,520
they've always had an Eastern European manufacturing base.

905
01:16:11,520 --> 01:16:15,040
BJ Investment Holdings Well, I just typed in IKEA prison and on and Google

906
01:16:15,040 --> 01:16:17,840
on like a filled out the labor part. So yeah, it looks like that's

907
01:16:18,480 --> 01:16:18,800
BJ Investment Holdings Yeah.

908
01:16:18,800 --> 01:16:20,400
BJ Investment Holdings When was this?

909
01:16:20,400 --> 01:16:23,120
BJ Investment Holdings It looks like it ended when

910
01:16:23,120 --> 01:16:24,800
East Germany fell because it was in East Germany.

911
01:16:24,800 --> 01:16:26,400
BJ Investment Holdings Oh, it was in the East Germany.

912
01:16:26,400 --> 01:16:27,440
BJ Investment Holdings Wow, look at that.

913
01:16:27,440 --> 01:16:35,280
BJ Investment HoldingsGs

914
01:16:35,280 --> 01:16:36,780
BJ Investment Holdings

915
01:16:36,780 --> 01:16:38,280
BJ Investment Holdings

916
01:16:38,280 --> 01:16:39,280
BJ Investment Holdings

917
01:16:39,280 --> 01:16:40,280
BJ Investment Holdings

918
01:16:40,280 --> 01:16:41,120
BJ market wear

919
01:16:41,120 --> 01:16:41,280
BJ Investment Holdings

920
01:16:41,280 --> 01:16:42,120
BJ Investment Holdings

921
01:16:42,120 --> 01:16:45,280
BJ Investment Holdings

922
01:16:45,280 --> 01:16:45,780
BJ Investment Holdings

923
01:16:45,780 --> 01:16:49,600
BJ Investment Now

924
01:16:49,600 --> 01:16:53,120
BJ Investment Holdings

925
01:16:53,120 --> 01:16:54,420
You can't follow those arrows.

926
01:16:54,420 --> 01:16:55,820
Those arrows are for fucking suckers.

927
01:16:55,820 --> 01:16:56,820
You gotta follow.

928
01:16:56,820 --> 01:16:59,020
I don't fucking believe this, mate.

929
01:16:59,020 --> 01:17:00,820
Those are, those are, those are fucking those people.

930
01:17:00,820 --> 01:17:04,720
You walk in the front door, you have a quick look at the store chart and you're like, here's

931
01:17:04,720 --> 01:17:05,720
where I got to go.

932
01:17:05,720 --> 01:17:06,720
Yeah.

933
01:17:06,720 --> 01:17:10,120
And they show the little gaps like they're like, buildings on fire.

934
01:17:10,120 --> 01:17:11,120
Don't follow the fucking arrows.

935
01:17:11,120 --> 01:17:14,520
You just like, you buzz your way through like racist puns, right?

936
01:17:14,520 --> 01:17:15,520
Man in that film.

937
01:17:15,520 --> 01:17:16,520
Right through the red.

938
01:17:16,520 --> 01:17:18,020
All the guys, right?

939
01:17:18,020 --> 01:17:21,420
You know, just punch your way through all the walls.

940
01:17:21,420 --> 01:17:22,420
That's right.

941
01:17:22,420 --> 01:17:28,720
You walk up to an employee and handcuff yourself to them and then like, threaten them so they

942
01:17:28,720 --> 01:17:31,520
go for the exit and then off you go.

943
01:17:31,520 --> 01:17:32,820
Where are the Swedish meatballs?

944
01:17:32,820 --> 01:17:34,320
Take me to Swedish meatballs.

945
01:17:34,320 --> 01:17:36,320
Take me to Swedish meatballs.

946
01:17:36,320 --> 01:17:40,320
The fish, you know, the sweets, the fish.

947
01:17:40,320 --> 01:17:44,420
Are they, are they able to claim that they are meatballs?

948
01:17:44,420 --> 01:17:45,420
Probably not.

949
01:17:45,420 --> 01:17:47,220
Is there a certain designation of meatballs?

950
01:17:47,220 --> 01:17:50,120
Like, because it had to be like 10% bread, 90% meat.

951
01:17:50,120 --> 01:17:51,120
Like what?

952
01:17:51,120 --> 01:17:54,120
Cool. It was actually, we're in different countries.

953
01:17:54,120 --> 01:17:58,000
So in the U S they can definitely call them meatballs because you guys don't give two

954
01:17:58,000 --> 01:18:00,880
fucks about your food standards.

955
01:18:00,880 --> 01:18:01,880
Hold on though.

956
01:18:01,880 --> 01:18:05,460
There's been a big lawsuit going on over oat milk because oat milk is trying to use the

957
01:18:05,460 --> 01:18:06,460
word milk.

958
01:18:06,460 --> 01:18:08,720
So we do care.

959
01:18:08,720 --> 01:18:11,120
All nine oat milk drinkers are fucking outraged.

960
01:18:11,120 --> 01:18:12,120
Yeah.

961
01:18:12,120 --> 01:18:17,120
Quality standards not suing over trademarks and names and deserts.

962
01:18:17,120 --> 01:18:18,120
Yeah.

963
01:18:18,120 --> 01:18:21,120
Like violation, not, not anything.

964
01:18:21,120 --> 01:18:25,120
Like in this country, you can't call something like bacon.

965
01:18:25,120 --> 01:18:27,120
It's like a vegan alternative.

966
01:18:27,120 --> 01:18:30,120
You have to call it like not bacon.

967
01:18:30,120 --> 01:18:31,120
Smart bacon.

968
01:18:31,120 --> 01:18:35,120
So no word of a lie.

969
01:18:35,120 --> 01:18:41,120
One of the biggest bacon alternatives is literally called this isn't bacon.

970
01:18:41,120 --> 01:18:42,120
Okay.

971
01:18:42,120 --> 01:18:50,120
Like, so there's a, there's a, there is a brewery that just they're like a micro brewery

972
01:18:50,120 --> 01:18:56,480
very good, which had a beer on tap, which was one of the first beers they ever made.

973
01:18:56,480 --> 01:18:58,120
It's simply called pint, right?

974
01:18:58,120 --> 01:19:02,120
So you go in, it was like just a Joe guy, you go in, I want a pint please.

975
01:19:02,120 --> 01:19:06,720
They go, then they did a thing where they got a bit bigger and they put it in cans.

976
01:19:06,720 --> 01:19:09,760
Standard size of can in the UK is 440 mils.

977
01:19:09,760 --> 01:19:12,680
So the pint is 568 mils.

978
01:19:12,680 --> 01:19:20,720
Somebody reported them to trading standards because the pint can was not a pint and they

979
01:19:20,720 --> 01:19:24,120
got successfully fine for it.

980
01:19:24,120 --> 01:19:27,280
And they had to be like, not a pint.

981
01:19:27,280 --> 01:19:30,880
So to change the back, the branding of the pint name.

982
01:19:30,880 --> 01:19:31,880
Yeah.

983
01:19:31,880 --> 01:19:37,040
So when it's, when you get it from the brewery in cask, like a pint pulled for you, it's

984
01:19:37,040 --> 01:19:38,040
called pint.

985
01:19:38,040 --> 01:19:41,160
And when you bought it from the shop, it was called not a pint.

986
01:19:41,160 --> 01:19:42,160
Yeah.

987
01:19:42,160 --> 01:19:43,160
What is this?

988
01:19:43,160 --> 01:19:44,160
Okay.

989
01:19:44,160 --> 01:19:45,160
Danteic British people sometimes.

990
01:19:45,160 --> 01:19:47,080
I think I'm okay with that though.

991
01:19:47,080 --> 01:19:49,720
Like just because you can squint it's pretty similar.

992
01:19:49,720 --> 01:19:50,960
That doesn't, that doesn't leave it.

993
01:19:50,960 --> 01:19:54,480
Like if it's, if it's like a hundred milliliters off from being a pint, no, I'd be pissed.

994
01:19:54,480 --> 01:19:57,760
I mean, like, listen, it does beg the question, right?

995
01:19:57,760 --> 01:19:59,880
Cause you look at all this stuff and you're like, okay, not a pint.

996
01:19:59,880 --> 01:20:00,880
Right.

997
01:20:00,880 --> 01:20:01,880
We've got to really protect consumers.

998
01:20:01,880 --> 01:20:04,120
And you're like, yeah, just fucking go by crypto.

999
01:20:04,120 --> 01:20:06,080
You're like, it's fine.

1000
01:20:06,080 --> 01:20:10,200
You know, we have all these rules to stop people like doing dumb shit and tricking people.

1001
01:20:10,200 --> 01:20:14,960
And then you're like, yeah, but if you want to roll that Osmo and do it, you can just

1002
01:20:14,960 --> 01:20:16,440
get a little leverage.

1003
01:20:16,440 --> 01:20:17,440
Yeah.

1004
01:20:17,440 --> 01:20:19,400
Just fucking knock yourself out.

1005
01:20:19,400 --> 01:20:21,160
What's the worst that could happen?

1006
01:20:21,160 --> 01:20:23,120
You can even work there.

1007
01:20:23,120 --> 01:20:24,760
They don't give a shit.

1008
01:20:24,760 --> 01:20:25,760
It's fine.

1009
01:20:25,760 --> 01:20:26,760
Yeah.

1010
01:20:26,760 --> 01:20:27,760
It's not a roll that million Osmo.

1011
01:20:27,760 --> 01:20:28,760
You can even work it out.

1012
01:20:28,760 --> 01:20:29,760
It's fine.

1013
01:20:29,760 --> 01:20:30,760
Don't be mad.

1014
01:20:30,760 --> 01:20:31,760
Fuck them.

1015
01:20:31,760 --> 01:20:33,760
So there's one more news item as well.

1016
01:20:33,760 --> 01:20:36,880
I noticed on the sheet, you missed.

1017
01:20:36,880 --> 01:20:37,880
So yeah.

1018
01:20:37,880 --> 01:20:38,880
Oh yeah.

1019
01:20:38,880 --> 01:20:42,720
So you were joking earlier about, about we should be, we should be asking for dollar

1020
01:20:42,720 --> 01:20:46,320
e-d's to fund our lavish degenerate lifestyles.

1021
01:20:46,320 --> 01:20:52,840
Well, so after accelerator Dow, I gather, are giving out grants to YouTubers now, I think

1022
01:20:52,840 --> 01:20:55,240
even $40,000 apparently to-

1023
01:20:55,240 --> 01:20:57,040
You really knew somebody at the A&L?

1024
01:20:57,040 --> 01:20:58,720
To Crypto CTO.

1025
01:20:58,720 --> 01:21:00,640
What was that for like four months or something?

1026
01:21:00,640 --> 01:21:01,640
Ten grand a month?

1027
01:21:01,640 --> 01:21:04,560
Yeah, that was just about on short-term cocaine habit.

1028
01:21:04,560 --> 01:21:05,560
So it could be worth-

1029
01:21:05,560 --> 01:21:08,120
I was going to say, I want a penthouse.

1030
01:21:08,120 --> 01:21:11,240
So that would almost cover it.

1031
01:21:11,240 --> 01:21:12,960
What for a week?

1032
01:21:12,960 --> 01:21:13,960
For a week?

1033
01:21:13,960 --> 01:21:14,960
I don't know.

1034
01:21:14,960 --> 01:21:20,240
I mean, honestly, this is probably the most valuable content I've seen on Cosmos right

1035
01:21:20,240 --> 01:21:21,240
here.

1036
01:21:21,240 --> 01:21:22,920
Like there's no yapping.

1037
01:21:22,920 --> 01:21:25,640
We don't, it's not like we're not giving people bad advice.

1038
01:21:25,640 --> 01:21:26,640
Like this is a good-

1039
01:21:26,640 --> 01:21:29,320
And we definitely want to find that advice.

1040
01:21:29,320 --> 01:21:30,320
Are we?

1041
01:21:30,320 --> 01:21:31,320
Well, we get it.

1042
01:21:31,320 --> 01:21:34,600
We're not giving out any financial advice and we're not giving our guys all of our advice

1043
01:21:34,600 --> 01:21:36,240
is potentially pretty bad.

1044
01:21:36,240 --> 01:21:37,240
So we're-

1045
01:21:37,240 --> 01:21:38,680
Yeah, exactly.

1046
01:21:38,680 --> 01:21:43,160
And we're pretty honest about where, what's like projects and those types of things.

1047
01:21:43,160 --> 01:21:47,240
Like I think some of these things are just like, they're just constant fucking shills,

1048
01:21:47,240 --> 01:21:48,240
right?

1049
01:21:48,240 --> 01:21:49,520
And it's too much.

1050
01:21:49,520 --> 01:21:50,960
Like 40 grand is the shill.

1051
01:21:50,960 --> 01:21:53,400
Like you're just trying to bring people in and I don't know.

1052
01:21:53,400 --> 01:22:01,120
And I think this is a worthwhile attribution to the Cosmos that should be fairly paid.

1053
01:22:01,120 --> 01:22:06,320
Cito is like fucking hype central and he like bit of a hype beast.

1054
01:22:06,320 --> 01:22:09,040
So yeah, it's like hang on to it.

1055
01:22:09,040 --> 01:22:10,440
Nobody's gonna get wrecked.

1056
01:22:10,440 --> 01:22:13,920
Like the bottom line is nobody's gonna listen to our podcast and get fucking wrecked.

1057
01:22:13,920 --> 01:22:18,800
And I to become a validator because of our podcast because you think of our glamorous

1058
01:22:18,800 --> 01:22:19,800
lifestyle.

1059
01:22:19,800 --> 01:22:20,800
Not me once.

1060
01:22:20,800 --> 01:22:23,840
Staying up late in the middle of the night, growing a beard, losing your health, losing

1061
01:22:23,840 --> 01:22:25,600
your fitness, losing your mind.

1062
01:22:25,600 --> 01:22:30,280
And you're like, I want, I fucking want some of that in exchange for potentially-

1063
01:22:30,280 --> 01:22:31,280
Get me that.

1064
01:22:31,280 --> 01:22:37,400
It potentially, in a bull market, slightly higher salary than I'd get from a normal fan

1065
01:22:37,400 --> 01:22:42,720
company doing a nine to five as an infrastructure engineer and going home at five and not having

1066
01:22:42,720 --> 01:22:43,720
to think about work.

1067
01:22:43,720 --> 01:22:45,360
I want me some of that.

1068
01:22:45,360 --> 01:22:48,040
Those the only people who are getting wrecked because they listen to this podcast.

1069
01:22:48,040 --> 01:22:50,800
Everybody else is safe.

1070
01:22:50,800 --> 01:22:51,960
They listen to our shit.

1071
01:22:51,960 --> 01:22:52,960
That's cool.

1072
01:22:52,960 --> 01:22:53,960
We're not making the world up.

1073
01:22:53,960 --> 01:22:54,960
We're not-

1074
01:22:54,960 --> 01:22:55,960
Yeah.

1075
01:22:55,960 --> 01:22:56,960
Exactly.

1076
01:22:56,960 --> 01:22:57,960
And honestly-

1077
01:22:57,960 --> 01:23:00,560
Yeah, man, whatever.

1078
01:23:00,560 --> 01:23:01,800
I just want to point out-

1079
01:23:01,800 --> 01:23:03,440
You're shilling a train travel.

1080
01:23:03,440 --> 01:23:10,480
I want to point out that Ben Davis has said that we, all we do is give tax advice.

1081
01:23:10,480 --> 01:23:16,120
I just want to reiterate that we do not and have not ever given tax advice.

1082
01:23:16,120 --> 01:23:20,440
We don't give tax advice other than to get, see a tax professional, which is if anything

1083
01:23:20,440 --> 01:23:23,200
going to result in fewer people getting wrecked.

1084
01:23:23,200 --> 01:23:27,440
And in fact, relatively recently, not one, but two people I was having conversations

1085
01:23:27,440 --> 01:23:33,880
with and they mentioned a tax problem, which we had, well, not I had covered, but my two

1086
01:23:33,880 --> 01:23:37,320
esteemed hosts below had covered on an episode of Game of Nose.

1087
01:23:37,320 --> 01:23:39,880
I was like, do you even listen to the podcast?

1088
01:23:39,880 --> 01:23:40,880
Even listen.

1089
01:23:40,880 --> 01:23:44,200
If anything, our tax conversations make it confusing enough that people are like-

1090
01:23:44,200 --> 01:23:45,200
Yeah, we should talk to the government.

1091
01:23:45,200 --> 01:23:46,200
We should talk to the government.

1092
01:23:46,200 --> 01:23:47,200
Yeah, exactly.

1093
01:23:47,200 --> 01:23:48,200
Yeah, that's shit.

1094
01:23:48,200 --> 01:23:49,200
Exactly.

1095
01:23:49,200 --> 01:23:50,200
Exactly.

1096
01:23:50,200 --> 01:24:08,040
The fact that not one of us has got like the same tax strategy is like, what's happening?