WEBVTT

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The last time I've had food poisoning,

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I remember it was when I was in college,

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man,

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and I was spewing and shitting at the

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same time all night.

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I was just like in the shower,

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curled up into a ball,

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just crap coming out both ends.

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Welcome to Game of Nodes,

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the gastro... Wait,

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what's the word I'm looking for?

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Gastrointestinal disorder podcast.

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You poop, we... Wait, hang on.

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That doesn't make any sense.

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If I say you poop, we scoop,

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like as in scoop in the news,

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but I realized the pun

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didn't work and it just

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sounded like you would pick up the poop.

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This is how we begin the 100th episode.

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Welcome, everybody.

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It's good to know that we've

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gone on as we started, haven't we,

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really?

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I mean, give credit to us.

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Number 100 episodes and number two, like,

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making it through this poop

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and scoop situation.

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It's been a little bit like, you know,

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one of those quite, you know,

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one of those, like,

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old books where it's not the Odyssey,

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right?

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But people will be like, oh, yeah,

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it's actually a rewrite of

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the Odyssey of the Iliad.

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the iliad and the odyssey

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you know it's it's actually

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that and it's basically

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just like somebody trekking

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through a desert or

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something and it's just

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endless and metaphorical

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and filled with

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self-revelation that is the

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hundred the hundred

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episodes of game of nose

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and we're not even out of

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the desert yet that's the

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most beautiful bit it's not

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even over you know um next week 99

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We're going back to zero, boys.

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Just like every cryptocurrency.

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We're going back to zero.

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The thing is, if this was a cryptocurrency,

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we'd have got episode 1, episode 100,

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episode 2.

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That's right.

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Maybe that's too drastic.

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Episode 100, episode 10, episode 9,

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episode 8, episode 7.

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Lots happening in 100 episodes.

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A lot has happened.

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Although, I mean,

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I guess we've focused on

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the Cosmos ecosystem,

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so obviously the drama.

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There's a lot of drama to go

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around in Cosmos, isn't there?

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Definitely 100 episodes worth.

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Yeah.

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And every other ecosystem is

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about to find out as they,

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as more proof of stake

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ecosystems roll around,

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as more people experiment

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with governance and DAOs, it's,

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it's all just gonna come home to roost.

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It's gonna be, oh,

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it's gonna be fantastic.

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Um, cuz we get to say,

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I told you so we told you

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so we said so in game of nodes.

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Don't go back and start at

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the beginning if you're

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picking up the show now.

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I think I watched one, two, and three.

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They were pretty rough.

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They were pretty rough.

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I did like having other guests.

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I missed Todd on the show.

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I missed Todd.

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I missed Jabby.

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Jabby from the van.

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Yep.

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Your favorite presenter, R.I.P.

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Killed by the Cosmos Bear Market.

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Who else do we have as a regular?

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Was it just those two?

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I think Jabby and Todd.

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Jake did quite a few.

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Jake did a bunch up front.

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Yeah, that's true.

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Obviously,

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we've had Romper and Bendy on a lot,

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but that's more recently.

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Yeah, yeah, yeah.

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I met the first 20 or 30

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episodes or something like that,

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which I didn't think we'd get past.

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Well, Schultzy disappeared for a while,

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and I wondered whether

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Schultzy was going to come back.

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And then Schultzy started

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appearing in the group chat again.

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And it was like, back from the dead.

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The Undertaker lives.

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I missed three episodes

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because I was moving.

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I think I get a little bit

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of a pass there.

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From an island to a mainland.

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There was a bit where you

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took some time off as well.

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Yes, when I was moving.

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That was the road trip.

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Yeah, that was the road trip.

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Twice actually.

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What do you call it when

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somebody drops off

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communication and then

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doesn't show up to the podcast?

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In this ecosystem, right,

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that could mean dead, government, spies,

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organized crime, jail, rug pull, Prop 16.

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Loss of delegation and

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general fuck this attitude.

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Whatever it was Takumi did when he ghosted,

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you know, any number of things.

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Yeah.

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So anyway, yeah, 100 episodes.

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What's been your highlight

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of the period of time we've

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covered in 100 episodes, everybody?

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I honestly can't remember

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what we did last week.

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Sorry, Shiltsy, I interrupted.

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It's because you burnt out now.

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Hey, no, I'm fucking good, bro.

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I just drove 13 hours

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yesterday like it ain't no thing.

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I just, like, cruised down the road.

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Don't even remember driving.

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Just fucking got to

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Melbourne and just made it.

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I would say my highlight is

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consistently whenever

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someone that does good work

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gets high on a new network.

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Like,

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Silknode is number two or three on

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Dimension right now.

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I'm truly stoked for them.

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They do a lot of good stuff, and...

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They totally deserve the recognition.

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And so every time there's a

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network launch and one of us get up there,

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like one of the crew get up there,

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I'm always like, perfect, amazing,

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awesome, love it.

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Yep.

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That's a very recent highlight.

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That's like 100 episodes.

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What's your highlight?

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You're like, SilkNerd's getting up on it.

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No, no, no, no.

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I'm just saying like a consistent.

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That's consistently my highlight.

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My consistent highlight is

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when the network launches,

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When there's really strong representation,

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like consistently, that's like my upshot,

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right?

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I'm sure there's other good

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things as well.

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Like there's been a lot of

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good networks we're on

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where like suddenly my stress reduces,

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but is that the same as a

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consistent high from good

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things happening?

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I don't know.

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I don't know if,

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I don't know if stress

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reduction is the same as an

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increase in happiness.

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I don't know.

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We've also had really good people on.

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So it's been like from,

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we talked about Jake early on,

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but Shane and Jorge from

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Stargaze or Henry or from Penumbra,

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Sisla and Omniflix, right?

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We had a few others on too,

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which we should do more.

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We should try.

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We've had a lot of guests,

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but we seem to have gone

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off the guest train lately.

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yeah yeah sporty um guest

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host with like funky coming

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on and and uh and bendy and

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the other australian what's

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that guy's name I can't

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remember he's never in the

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chat so I mean how would

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you know did we fire him is that true

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He announced on Twitter that

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we couldn't fire him

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because he'd actually quit

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in private several weeks before.

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Do you know Upgrade 19 would

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be his final news piece?

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So is that because there

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were some news items that

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were already in the

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spreadsheet by one of the

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people on this call?

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Is that right?

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Is that what happened?

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So you recognize that?

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Yeah,

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it's like there was already some news

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in there.

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And so, yeah.

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Yeah.

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The kangaroo went in there

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and just cracked the shits.

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He's like, this is my job.

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What the fuck is going on?

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What the hell?

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There's a lot of news in

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here for our 100th.

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Man, I'll tell you what,

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this room is... I think guesswise,

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I think Henry might have

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been the most informative.

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I think... Skip team, another one.

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Yeah, that was good.

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Ethan Frey was good.

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Simon, we had Simon from Noise on,

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who's also obviously part of Confio.

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I think Simon is very underrated as a

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quiet clever person often is

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you know um I like him a

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lot it's a shame we never

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got max max juno on I kind

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of think uh of all the

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people in the cosmos I

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think max might have his

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head screwed on the best

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but doesn't do public

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appearances obviously so um

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yeah yeah I don't know

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I think it'd be funny one

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day to get Artifact on,

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but we obviously know there

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are hurdles to that.

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I think if you get Artifact

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on with a beer in hand,

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that would be quite funny.

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I quite like to see Artifact

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and Jabby shooting the shit.

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That would be an entertaining episode.

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Maybe 150,000 subscriber

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Artifact and Jabby off face reveal.

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All right.

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What else has happened?

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Well,

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enough of this backward-looking bullshit.

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Let's go forward.

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Only forward.

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Like malice.

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That's right.

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Bitcoin just cost $44,000.

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It just jumped like 1%.

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That's pretty cool.

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Oh, yeah, it did.

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That's immediate.

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That's recent news.

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Recent, recent news.

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Yeah, look at that.

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Is there some news?

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Or just who knows?

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I think it's a no situation.

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I did hear that.

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What was it?

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BlackRock crossed Grayscale

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for how many Bitcoin they have on.

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So that's probably driving

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some excitement since BlackRock, I think,

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is the largest investment firm.

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I don't really know what

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they'd be considered.

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I can see that driving excitement.

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On their private army.

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That's Blackwater.

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Oh, my mistake.

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Oh, somebody's Mike's feeding back,

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by the way.

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Who's humming?

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Technical difficulties on

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the 100th episode.

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I don't think it's me.

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That might be me because

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there's people doing yard work outside.

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Oh, yeah.

0:10:25.672 --> 0:10:26.192
Is it me?

0:10:26.611 --> 0:10:26.772
Yeah.

0:10:27.032 --> 0:10:27.312
Okay.

0:10:27.692 --> 0:10:28.253
I'll keep muted.

0:10:29.214 --> 0:10:29.354
Yep.

0:10:31.515 --> 0:10:32.015
Rumors also,

0:10:32.635 --> 0:10:33.976
top memory is watching Null

0:10:33.996 --> 0:10:34.697
struggle through setting up

0:10:34.736 --> 0:10:35.777
a node for two hours and failing.

0:10:35.797 --> 0:10:36.878
I don't remember that, actually.

0:10:38.217 --> 0:10:39.719
It's because you weren't there.

0:10:39.739 --> 0:10:40.999
Null versus RPC,

0:10:41.339 --> 0:10:42.580
I think was the name of that episode.

0:10:42.600 --> 0:10:44.200
I missed it.

0:10:44.340 --> 0:10:46.221
I might even delete that episode.

0:10:46.260 --> 0:10:47.081
It's kind of outdated.

0:10:48.701 --> 0:10:49.841
Yeah, but it is quite funny.

0:10:51.202 --> 0:10:51.763
What was that for?

0:10:51.783 --> 0:10:54.024
I don't know.

0:10:54.244 --> 0:10:55.024
I think we're just setting

0:10:55.083 --> 0:10:56.784
up a Juno node just for

0:10:56.804 --> 0:10:57.404
shits and giggles.

0:10:57.985 --> 0:10:58.164
No.

0:10:58.205 --> 0:10:59.105
But like the hardware.

0:10:59.125 --> 0:10:59.664
I think that's why.

0:11:00.466 --> 0:11:01.086
Being educational.

0:11:02.405 --> 0:11:03.506
Yeah, something like that.

0:11:04.347 --> 0:11:05.129
Very educational show.

0:11:05.809 --> 0:11:08.011
I remember I did a live stream once.

0:11:08.072 --> 0:11:10.554
This was before the dark times,

0:11:10.634 --> 0:11:11.635
before the bear market.

0:11:13.759 --> 0:11:16.601
When we were talking about Akash,

0:11:17.162 --> 0:11:18.663
we had Greg on.

0:11:18.683 --> 0:11:19.304
Do you remember that?

0:11:19.524 --> 0:11:20.365
Yep, sure did.

0:11:21.160 --> 0:11:23.481
I did an RPC, not an RPC.

0:11:23.621 --> 0:11:25.783
I stood up an RPC on a cache

0:11:26.004 --> 0:11:27.945
on a stream to see if you

0:11:27.965 --> 0:11:28.745
could do it in like 30

0:11:28.745 --> 0:11:29.325
minutes or something.

0:11:30.086 --> 0:11:32.167
And about 15 minutes in,

0:11:32.326 --> 0:11:33.167
there was like a knock at

0:11:33.187 --> 0:11:36.208
the door and it was a parcel and I had to,

0:11:36.428 --> 0:11:37.830
and it was still on a live

0:11:37.850 --> 0:11:38.710
stream and I had to run

0:11:38.750 --> 0:11:41.150
downstairs then sign for a parcel.

0:11:41.230 --> 0:11:42.272
It turned out to be something like,

0:11:43.251 --> 0:11:44.232
like a desk or something.

0:11:44.852 --> 0:11:45.673
It was not small.

0:11:45.754 --> 0:11:47.033
And then I had to like carry

0:11:47.053 --> 0:11:47.955
it inside the house.

0:11:48.034 --> 0:11:48.754
And I was literally,

0:11:48.774 --> 0:11:50.235
there's just my chair sitting,

0:11:50.774 --> 0:11:52.115
in the live stream no

0:11:52.195 --> 0:11:54.716
explanation for like eight

0:11:54.797 --> 0:11:55.837
minutes maybe like it's a

0:11:55.957 --> 0:11:56.698
really long time it's like

0:11:56.719 --> 0:11:57.759
a full quarter of the

0:11:57.778 --> 0:11:59.500
stream I think there's just

0:11:59.620 --> 0:12:01.601
my chair no explanation and

0:12:02.423 --> 0:12:03.884
uh I looked at the

0:12:03.964 --> 0:12:05.044
analytics afterwards and

0:12:05.065 --> 0:12:06.125
people had tuned in and

0:12:06.166 --> 0:12:08.226
been like there is just a

0:12:08.287 --> 0:12:09.687
chair there's literally a

0:12:09.749 --> 0:12:10.869
chair what the what the

0:12:10.908 --> 0:12:13.772
hell man um I was going to

0:12:13.792 --> 0:12:14.731
shame wasn't a game of nose

0:12:14.772 --> 0:12:16.894
episode but oh the never-ending upgrade

0:12:17.523 --> 0:12:18.364
That was a weird one.

0:12:18.423 --> 0:12:19.625
The party bus episode.

0:12:19.644 --> 0:12:20.206
Do you remember that?

0:12:20.746 --> 0:12:20.966
Yeah.

0:12:21.668 --> 0:12:22.048
Cracking.

0:12:22.568 --> 0:12:24.630
Anyway, sorry, I keep taking it back.

0:12:24.811 --> 0:12:25.432
Only forward.

0:12:25.711 --> 0:12:26.692
Only forward.

0:12:26.793 --> 0:12:27.293
The future.

0:12:27.974 --> 0:12:30.397
So future.

0:12:30.517 --> 0:12:31.818
Does Cosmos have a future?

0:12:33.206 --> 0:12:35.886
Let's keep it a little longer.

0:12:36.226 --> 0:12:37.128
Maybe some news or something.

0:12:37.748 --> 0:12:40.068
Maybe some news to take the edge off.

0:12:40.229 --> 0:12:40.729
Exactly.

0:12:41.369 --> 0:12:44.250
We just need some tasty news.

0:12:44.931 --> 0:12:47.731
Okay, so... Jeez,

0:12:47.772 --> 0:12:49.092
we do have a lot of news this week.

0:12:49.133 --> 0:12:50.113
There is, yeah.

0:12:50.332 --> 0:12:51.933
I guess this is multiple contributors,

0:12:51.953 --> 0:12:53.955
but this is a whole bunch

0:12:53.975 --> 0:12:54.674
of shit going on.

0:12:55.595 --> 0:12:56.596
I will have you know that I

0:12:56.635 --> 0:12:57.895
did not contribute at all.

0:12:58.475 --> 0:12:58.655
Same.

0:12:59.716 --> 0:12:59.876
Same.

0:13:01.147 --> 0:13:02.288
Okay, I mean,

0:13:02.488 --> 0:13:03.548
I'll start off on one that I

0:13:03.590 --> 0:13:04.691
can directly speak to

0:13:04.750 --> 0:13:07.813
because I joined the

0:13:07.854 --> 0:13:10.495
consultation thing for it last week.

0:13:10.515 --> 0:13:11.878
I never mentioned this on

0:13:12.298 --> 0:13:13.399
the pod last week, actually,

0:13:13.418 --> 0:13:16.062
which is that the digital

0:13:16.101 --> 0:13:18.224
pounds consultation has

0:13:18.323 --> 0:13:19.424
happened and fed back.

0:13:20.493 --> 0:13:20.653
Um,

0:13:21.092 --> 0:13:22.153
which is obviously that that's not

0:13:22.173 --> 0:13:22.974
gonna happen in terms of

0:13:22.994 --> 0:13:24.354
like implementation for some time,

0:13:24.474 --> 0:13:27.693
but they got, I think,

0:13:27.693 --> 0:13:29.034
50,000 written responses

0:13:29.154 --> 0:13:30.774
from companies and

0:13:31.054 --> 0:13:32.955
individuals to the consultation paper, um,

0:13:34.035 --> 0:13:35.155
with the overwhelming, uh,

0:13:35.995 --> 0:13:37.875
the overwhelming concern being privacy,

0:13:39.216 --> 0:13:41.537
um, and a whole bunch of other stuff.

0:13:41.777 --> 0:13:42.876
And, uh, so they,

0:13:42.956 --> 0:13:43.878
they're very much going in

0:13:43.898 --> 0:13:45.518
the direction of like a credit.

0:13:46.594 --> 0:13:48.056
Or maybe not credit,

0:13:48.096 --> 0:13:48.918
that's not the correct word.

0:13:48.937 --> 0:13:50.198
I've been told off in the

0:13:50.239 --> 0:13:51.059
last week for using the

0:13:51.100 --> 0:13:52.542
word credit when what I

0:13:52.581 --> 0:13:53.644
mean is private money.

0:13:55.426 --> 0:13:56.788
But like a debit,

0:13:56.888 --> 0:13:58.409
kind of debit card style

0:13:58.870 --> 0:13:59.932
private money situation

0:13:59.951 --> 0:14:01.193
where a bank is issuing...

0:14:02.807 --> 0:14:04.309
Essentially a thing that is

0:14:04.390 --> 0:14:06.413
the central currency is fiat money,

0:14:06.974 --> 0:14:07.975
but they are doing it

0:14:08.115 --> 0:14:08.736
through their

0:14:08.817 --> 0:14:10.198
infrastructure so they can

0:14:10.278 --> 0:14:11.321
see your balance.

0:14:12.081 --> 0:14:15.427
So that is the sort of rough

0:14:15.486 --> 0:14:16.528
proposal for the model.

0:14:17.719 --> 0:14:18.840
which is interesting right

0:14:18.860 --> 0:14:19.419
because they're talking

0:14:19.460 --> 0:14:21.541
about um spending it at

0:14:21.600 --> 0:14:22.681
till which you obviously

0:14:22.701 --> 0:14:23.621
can do with a debit card

0:14:24.261 --> 0:14:25.923
but they also talk about it

0:14:25.962 --> 0:14:27.524
being a pound which is

0:14:27.884 --> 0:14:30.225
specifically cash money

0:14:30.504 --> 0:14:32.546
right um so that I think

0:14:32.566 --> 0:14:33.025
what they're basically

0:14:33.046 --> 0:14:34.246
showing is that they are

0:14:34.466 --> 0:14:36.048
going down the the private

0:14:36.087 --> 0:14:37.269
money implementation route

0:14:37.288 --> 0:14:38.688
they're not going for a

0:14:38.729 --> 0:14:40.110
digital cash implementation

0:14:40.850 --> 0:14:41.811
um the other thing that

0:14:41.870 --> 0:14:43.991
they it's kind of clear is

0:14:44.052 --> 0:14:45.952
that there are um

0:14:47.678 --> 0:14:48.278
When they said they're

0:14:48.298 --> 0:14:49.178
concerned about privacy,

0:14:49.399 --> 0:14:50.539
they said the central bank

0:14:51.159 --> 0:14:52.841
and the government won't be

0:14:52.860 --> 0:14:53.660
able to look at your

0:14:53.701 --> 0:14:56.642
balance or any personally

0:14:56.662 --> 0:14:57.562
identifiable data.

0:14:58.642 --> 0:14:59.982
So on the feedback call,

0:15:01.964 --> 0:15:03.543
she asked the question and said, well,

0:15:03.563 --> 0:15:04.303
you said that,

0:15:05.004 --> 0:15:06.125
but you said that private

0:15:06.404 --> 0:15:07.644
providers will be involved.

0:15:08.044 --> 0:15:09.625
So does that guarantee hold up?

0:15:10.386 --> 0:15:11.448
You know, how do you envisage that?

0:15:11.469 --> 0:15:12.090
And they were like, oh, well,

0:15:12.110 --> 0:15:12.931
people have to make money off.

0:15:13.292 --> 0:15:14.835
People can and probably will

0:15:14.875 --> 0:15:15.836
make money off that data.

0:15:15.916 --> 0:15:17.899
And we're not extending that

0:15:17.919 --> 0:15:19.201
to private partners.

0:15:19.261 --> 0:15:22.326
So it kind of looks like, um,

0:15:24.385 --> 0:15:28.086
I don't really see the point.

0:15:29.147 --> 0:15:29.947
There is a point, obviously,

0:15:29.967 --> 0:15:31.227
in taking fiat money into

0:15:31.347 --> 0:15:32.447
cryptocurrency spaces.

0:15:33.149 --> 0:15:33.708
That's a given.

0:15:34.188 --> 0:15:34.948
But that's something they're

0:15:34.969 --> 0:15:35.808
not even talking about yet.

0:15:36.089 --> 0:15:37.009
And I don't really see what

0:15:37.049 --> 0:15:38.029
the benefit of doing

0:15:38.070 --> 0:15:38.750
something which have no

0:15:38.789 --> 0:15:39.770
privacy guarantees from

0:15:39.811 --> 0:15:40.711
your bank or issuer.

0:15:41.927 --> 0:15:43.368
you know it's not cash like

0:15:43.388 --> 0:15:44.448
in that respect it doesn't

0:15:44.469 --> 0:15:45.350
really address the privacy

0:15:45.370 --> 0:15:46.190
concerns that are being

0:15:46.230 --> 0:15:48.072
talked about so that's

0:15:48.111 --> 0:15:49.572
interesting I guess that

0:15:49.613 --> 0:15:50.493
they have they obviously

0:15:50.513 --> 0:15:51.754
have very well backed and

0:15:51.955 --> 0:15:53.014
influential and also

0:15:53.095 --> 0:15:53.956
literally in the room

0:15:54.475 --> 0:15:55.177
lobbyists from the

0:15:55.216 --> 0:15:57.357
financial sector both in

0:15:57.398 --> 0:15:58.599
government in the Bank of

0:15:58.639 --> 0:16:00.421
England etc etc etc so it's

0:16:00.441 --> 0:16:01.321
not surprising that that's

0:16:01.380 --> 0:16:02.022
kind of the direction

0:16:02.042 --> 0:16:05.865
they're going at the moment

0:16:06.225 --> 0:16:07.265
and obviously still at a

0:16:07.285 --> 0:16:09.567
very early stage but yeah I

0:16:09.687 --> 0:16:10.567
don't think it's much of a

0:16:11.849 --> 0:16:12.590
surprise at all, right?

0:16:13.029 --> 0:16:14.552
I don't think it's a surprise, no.

0:16:15.231 --> 0:16:18.375
The privacy side is a benefit,

0:16:18.956 --> 0:16:21.898
but from a digital currency

0:16:21.958 --> 0:16:22.639
perspective and the

0:16:22.698 --> 0:16:23.700
ability... They're thinking

0:16:23.720 --> 0:16:24.721
about it from convenience

0:16:25.562 --> 0:16:26.883
and transaction fees.

0:16:27.484 --> 0:16:28.784
They're thinking of it from

0:16:28.825 --> 0:16:30.706
that perspective, not this idea of

0:16:31.326 --> 0:16:31.807
Yeah, I mean,

0:16:31.826 --> 0:16:32.587
I think the sort of things

0:16:32.648 --> 0:16:33.447
they'd want to do would be

0:16:33.488 --> 0:16:35.629
like cross-border payments and clearing.

0:16:35.669 --> 0:16:36.590
Yeah, right, right, right.

0:16:36.629 --> 0:16:37.311
And clearing, right?

0:16:37.331 --> 0:16:37.510
Yeah.

0:16:37.951 --> 0:16:38.610
And, you know,

0:16:38.630 --> 0:16:40.913
in clearing in its own right, like,

0:16:41.113 --> 0:16:41.312
you know,

0:16:41.332 --> 0:16:42.214
as somebody who works on

0:16:42.553 --> 0:16:44.335
cash-like systems, as soon as you're like,

0:16:44.735 --> 0:16:44.875
oh,

0:16:44.955 --> 0:16:47.015
we use this cash-like system for clearing,

0:16:47.476 --> 0:16:48.037
we could use it for

0:16:48.096 --> 0:16:51.239
internal reconciling for multinationals.

0:16:52.379 --> 0:16:54.780
That is a huge market.

0:16:54.921 --> 0:16:55.782
And obviously finding a...

0:16:59.328 --> 0:17:00.450
finding a use for pounds in

0:17:00.470 --> 0:17:01.490
that space where they're

0:17:01.510 --> 0:17:03.152
already widely used is

0:17:03.331 --> 0:17:06.894
valuable but so the only

0:17:06.934 --> 0:17:08.015
thing there though is that

0:17:08.035 --> 0:17:08.756
there's two different

0:17:08.796 --> 0:17:09.616
discussions there's the

0:17:09.676 --> 0:17:11.397
retail cbdc and there's the

0:17:12.157 --> 0:17:14.700
wholesale cbdc so I would

0:17:14.740 --> 0:17:15.800
kind of almost argue that

0:17:15.901 --> 0:17:17.923
like privacy is much less

0:17:17.982 --> 0:17:19.042
important say that the

0:17:19.123 --> 0:17:21.085
wholesale cbdc case where

0:17:21.125 --> 0:17:22.026
you're probably going to do

0:17:22.066 --> 0:17:23.826
those sorts of things whereas the

0:17:25.443 --> 0:17:26.986
For the average user,

0:17:28.008 --> 0:17:28.788
the reason you would use

0:17:28.828 --> 0:17:29.849
digital pounds as opposed

0:17:29.869 --> 0:17:31.373
to just tapping your debit card,

0:17:31.393 --> 0:17:32.374
because that's how simple

0:17:32.394 --> 0:17:33.375
it is to pay for something, right?

0:17:35.337 --> 0:17:36.058
Because their big thing is

0:17:36.078 --> 0:17:36.700
they're doing loads of

0:17:36.720 --> 0:17:37.741
stuff on the design space

0:17:37.761 --> 0:17:40.445
to make this work in physical locations.

0:17:42.526 --> 0:17:44.027
For anybody to ever prefer

0:17:44.067 --> 0:17:45.686
that to just tapping their debit card,

0:17:45.807 --> 0:17:48.028
there has to be some benefit.

0:17:48.749 --> 0:17:49.868
And given that the retailer

0:17:49.909 --> 0:17:50.890
is the one who's soaking up

0:17:50.930 --> 0:17:52.029
the cost of using the debit

0:17:52.049 --> 0:17:53.290
card to the consumer,

0:17:53.310 --> 0:17:54.111
the fact that it's lower

0:17:54.151 --> 0:17:57.073
fees to use the instead of

0:17:57.093 --> 0:17:58.292
my Monzo card where I'm

0:17:58.333 --> 0:17:59.113
tapping a debit card,

0:17:59.133 --> 0:18:00.673
I'm tapping my digital pounds wallet.

0:18:01.414 --> 0:18:02.095
It's a different piece of

0:18:02.115 --> 0:18:04.336
plastic with a slightly lower fee.

0:18:04.955 --> 0:18:06.557
I don't give a shit as a consumer.

0:18:06.856 --> 0:18:08.557
It has to give me something else.

0:18:09.397 --> 0:18:09.699
Yeah,

0:18:10.038 --> 0:18:11.681
but I also don't think that actually

0:18:11.721 --> 0:18:13.321
consumers give two shits about privacy.

0:18:15.044 --> 0:18:15.845
Everybody talks about it,

0:18:15.964 --> 0:18:17.346
but at the end of the day,

0:18:17.365 --> 0:18:20.890
I think if they rackstanked,

0:18:21.369 --> 0:18:25.413
if they rankstacked, Jesus,

0:18:25.855 --> 0:18:26.875
if they rankstacked all the

0:18:26.935 --> 0:18:28.176
benefits associated to this,

0:18:28.938 --> 0:18:29.878
privacy would probably be like,

0:18:30.672 --> 0:18:31.553
at the bottom of that list.

0:18:31.932 --> 0:18:33.794
They would lower fees,

0:18:35.875 --> 0:18:36.976
maybe faster clearing.

0:18:37.955 --> 0:18:40.477
It would be all in their own benefit,

0:18:40.517 --> 0:18:41.478
not necessarily privacy.

0:18:41.498 --> 0:18:42.558
People talk a good game about that,

0:18:42.578 --> 0:18:43.858
but when it comes down to it,

0:18:44.078 --> 0:18:45.000
they just want to spend less.

0:18:45.140 --> 0:18:46.141
At the same time, though,

0:18:47.641 --> 0:18:48.602
bank accounts that offer

0:18:48.662 --> 0:18:50.482
single-use debit card

0:18:50.522 --> 0:18:52.064
numbers are pretty popular

0:18:52.463 --> 0:18:53.545
and are widely used.

0:18:56.125 --> 0:18:57.086
They're much more popular

0:18:57.126 --> 0:18:59.087
now because Apple Pay does that, right?

0:19:01.750 --> 0:19:03.651
I think there is a quite

0:19:03.810 --> 0:19:05.893
sophisticated group of

0:19:06.634 --> 0:19:07.334
people who wouldn't

0:19:07.374 --> 0:19:08.194
consider themselves power

0:19:08.295 --> 0:19:09.375
users that are using

0:19:09.496 --> 0:19:10.537
one-time debit card numbers

0:19:10.596 --> 0:19:11.076
and stuff like that,

0:19:11.458 --> 0:19:12.598
which is exactly the same

0:19:12.638 --> 0:19:14.559
as cash in terms of a pure

0:19:15.201 --> 0:19:15.980
privacy structure,

0:19:16.020 --> 0:19:16.842
which is I'm effectively

0:19:16.882 --> 0:19:18.864
creating a non-fungible

0:19:19.463 --> 0:19:20.865
representation of a thing

0:19:20.904 --> 0:19:21.645
that is fungible,

0:19:21.726 --> 0:19:22.807
giving you an experiment,

0:19:22.926 --> 0:19:24.288
and then that's ensuring

0:19:24.367 --> 0:19:26.869
some measure of privacy from the seller.

0:19:28.298 --> 0:19:30.740
So I take your point.

0:19:30.820 --> 0:19:31.342
I don't think it's

0:19:31.382 --> 0:19:32.603
necessarily important to people,

0:19:32.643 --> 0:19:33.724
but I think when they see

0:19:33.825 --> 0:19:35.646
it in certain contexts,

0:19:35.666 --> 0:19:36.667
they definitely do see the

0:19:36.708 --> 0:19:38.569
value in it because people

0:19:39.191 --> 0:19:40.192
use that feature in Apple.

0:19:41.012 --> 0:19:42.074
It's the main thing if you

0:19:42.114 --> 0:19:43.234
actually see one of those

0:19:43.275 --> 0:19:44.817
annoying Revolut YouTube ads.

0:19:45.298 --> 0:19:45.438
Mm-hmm.

0:19:46.214 --> 0:19:47.115
they go like, oh,

0:19:47.296 --> 0:19:48.797
I don't like showing my

0:19:48.836 --> 0:19:50.258
card number to these dodgy

0:19:50.298 --> 0:19:51.238
online stores that are

0:19:51.298 --> 0:19:52.538
definitely going to get owned.

0:19:52.578 --> 0:19:53.619
And you're like, yeah, fair.

0:19:53.980 --> 0:19:55.201
That's a really valid use

0:19:55.221 --> 0:19:57.382
case for digital cash or digital money.

0:19:57.961 --> 0:19:58.923
But I mean, obviously,

0:19:58.982 --> 0:20:00.023
you can solve that a whole

0:20:00.064 --> 0:20:00.763
bunch of different ways.

0:20:00.963 --> 0:20:02.204
Yeah, we use like privacy card.

0:20:02.224 --> 0:20:04.465
All we do is give it that.

0:20:04.486 --> 0:20:05.967
But I mean, at the end of the day, though,

0:20:06.307 --> 0:20:07.008
that's sort of some card

0:20:07.028 --> 0:20:08.169
data that's not being used there.

0:20:08.229 --> 0:20:10.150
But the places I use that,

0:20:10.170 --> 0:20:11.611
they still have our... Not all,

0:20:12.270 --> 0:20:13.531
but most have our name anyway.

0:20:13.791 --> 0:20:14.211
You know what I mean?

0:20:14.332 --> 0:20:15.073
So there's usually...

0:20:15.772 --> 0:20:16.574
email address or something

0:20:16.614 --> 0:20:17.595
else that gets tied or

0:20:17.634 --> 0:20:18.315
something else like that

0:20:18.375 --> 0:20:19.476
but yeah I mean there's a

0:20:19.496 --> 0:20:20.257
whole there are some

0:20:20.277 --> 0:20:21.657
solutions with that well

0:20:21.678 --> 0:20:22.318
yeah there's a whole other

0:20:22.338 --> 0:20:23.078
piece of work there which

0:20:23.118 --> 0:20:24.359
is that I mean anything

0:20:24.380 --> 0:20:25.141
that you do with blind

0:20:25.181 --> 0:20:26.642
proofs you can also do um

0:20:28.324 --> 0:20:29.044
you can also do blind

0:20:29.064 --> 0:20:30.005
proofs for identity and

0:20:30.045 --> 0:20:31.685
there's a I think the you

0:20:31.705 --> 0:20:33.347
know it's not this is not a

0:20:33.367 --> 0:20:34.228
big brain thought this is a

0:20:34.268 --> 0:20:35.368
very jimmy small brain

0:20:35.388 --> 0:20:37.891
thought um but the design space for

0:20:38.892 --> 0:20:40.133
revealing progressive parts

0:20:40.192 --> 0:20:41.294
about identity without

0:20:41.354 --> 0:20:42.295
revealing others is

0:20:42.394 --> 0:20:43.535
actually the same problem

0:20:45.436 --> 0:20:47.758
as binding a commitment to

0:20:47.979 --> 0:20:48.858
hand over a certain amount

0:20:48.878 --> 0:20:50.039
of cash to somebody.

0:20:50.119 --> 0:20:50.980
That's actually the same

0:20:51.020 --> 0:20:51.820
cryptographic problem.

0:20:52.701 --> 0:20:53.402
I think it does make sense

0:20:53.422 --> 0:20:54.002
that they're starting on

0:20:54.022 --> 0:20:54.682
the wholesale side,

0:20:55.084 --> 0:20:55.743
or at least that's the

0:20:55.824 --> 0:20:56.865
easier problem to solve.

0:20:57.684 --> 0:20:59.906
And I think that is such a

0:21:00.067 --> 0:21:02.108
small number of individuals

0:21:02.148 --> 0:21:03.269
or groups that are within there.

0:21:03.869 --> 0:21:04.931
If they could solve that and

0:21:05.050 --> 0:21:06.592
actually have that

0:21:07.647 --> 0:21:09.730
That would drive use of,

0:21:10.990 --> 0:21:12.751
of digital currency across the globe,

0:21:13.011 --> 0:21:14.593
because it would say, Hey, if you want to,

0:21:14.972 --> 0:21:15.133
like,

0:21:15.614 --> 0:21:16.815
if it is a central bank or something

0:21:16.855 --> 0:21:17.255
else within

0:21:18.935 --> 0:21:20.717
where you are and if there's

0:21:20.777 --> 0:21:21.537
banks here in the U.S.

0:21:21.576 --> 0:21:22.576
like Chase or something else

0:21:22.596 --> 0:21:23.458
that want to be able to do

0:21:23.478 --> 0:21:25.459
clearance and they have options between,

0:21:25.878 --> 0:21:26.098
you know,

0:21:26.499 --> 0:21:28.339
between standard clearance on

0:21:28.380 --> 0:21:30.119
ACH and some other faster

0:21:30.160 --> 0:21:31.800
ways that have lower fees

0:21:32.381 --> 0:21:34.162
and they own the fees anyway,

0:21:34.201 --> 0:21:35.682
but you know what I'm saying, right?

0:21:37.323 --> 0:21:39.163
And faster proofs and those

0:21:39.183 --> 0:21:39.624
types of things.

0:21:39.683 --> 0:21:41.045
I think that's a good place to start, so.

0:21:41.585 --> 0:21:42.384
I guess it's also kind of

0:21:42.404 --> 0:21:43.605
what Swift is doing with this.

0:21:44.145 --> 0:21:45.406
I think that's what they're

0:21:45.426 --> 0:21:45.987
trying to do as well.

0:21:46.047 --> 0:21:47.587
My understanding is that

0:21:48.008 --> 0:21:49.489
they have a work stream on the wholesale,

0:21:49.548 --> 0:21:52.650
but the wholesale isn't

0:21:52.690 --> 0:21:53.711
necessarily coming before

0:21:53.770 --> 0:21:55.030
the consumer piece.

0:21:55.711 --> 0:21:56.832
Yeah.

0:21:57.612 --> 0:21:58.873
Oh, it's not?

0:21:59.432 --> 0:22:00.673
I don't think so.

0:22:01.054 --> 0:22:02.315
I could be wrong about that.

0:22:02.355 --> 0:22:05.135
That's just my reading it

0:22:05.195 --> 0:22:06.436
last week and then trying

0:22:06.457 --> 0:22:07.096
to remember it now.

0:22:09.211 --> 0:22:10.093
From what I recall,

0:22:10.113 --> 0:22:10.855
they're actually running at

0:22:10.894 --> 0:22:11.336
the same speed.

0:22:12.346 --> 0:22:13.126
at the same time,

0:22:13.166 --> 0:22:14.228
and there isn't a specific

0:22:14.268 --> 0:22:16.127
commitment to bringing to

0:22:16.167 --> 0:22:17.288
market the wholesale thing,

0:22:17.448 --> 0:22:18.568
possibly because there are

0:22:18.628 --> 0:22:20.328
other competitors, but I don't know.

0:22:22.809 --> 0:22:24.069
I just remember that it was mentioned.

0:22:24.089 --> 0:22:27.550
I was like, that's an obvious slam dunk,

0:22:28.090 --> 0:22:29.392
which I presumably know.

0:22:31.192 --> 0:22:34.232
Anyway, so that's my digital pound update.

0:22:34.452 --> 0:22:35.173
I guess there probably are

0:22:35.192 --> 0:22:35.913
not going to be updates

0:22:35.953 --> 0:22:37.394
anymore for another five years or so,

0:22:37.513 --> 0:22:39.094
but the various working

0:22:39.114 --> 0:22:40.714
groups are going back to their

0:22:42.458 --> 0:22:44.619
I was about to say bunker,

0:22:44.700 --> 0:22:45.580
but they're going back to

0:22:45.601 --> 0:22:46.961
the bank of England building.

0:22:48.042 --> 0:22:49.064
That's literally where they will be.

0:22:49.564 --> 0:22:49.984
And then,

0:22:50.325 --> 0:22:52.346
then going to continue talking

0:22:52.366 --> 0:22:53.468
about things for another few years,

0:22:53.508 --> 0:22:53.847
I imagine.

0:22:53.867 --> 0:22:56.369
Uh, and then get just build.

0:22:56.390 --> 0:22:56.891
And then in the end,

0:22:56.911 --> 0:22:57.672
they'll probably just let

0:22:57.912 --> 0:22:59.093
Google do whatever Google

0:22:59.113 --> 0:23:00.693
wants and then take a lot of data.

0:23:00.814 --> 0:23:01.875
So happy days.

0:23:01.974 --> 0:23:02.015
Um,

0:23:06.040 --> 0:23:08.882
nice nice news let's go nice

0:23:09.402 --> 0:23:13.083
nice um yeah what do you

0:23:13.103 --> 0:23:16.344
got I so the other piece of

0:23:16.384 --> 0:23:17.064
news I saw this week which

0:23:17.104 --> 0:23:18.284
I really liked was this you

0:23:18.304 --> 0:23:20.124
know the suju thing the the

0:23:20.204 --> 0:23:21.704
three arrows capital guy

0:23:21.724 --> 0:23:24.566
who was in he was in prison

0:23:24.605 --> 0:23:26.205
in singapore and he was

0:23:26.286 --> 0:23:27.546
asked about it and he said

0:23:27.665 --> 0:23:29.707
it was really enjoyable overall

0:23:32.038 --> 0:23:32.960
i was just like that's

0:23:33.140 --> 0:23:34.861
that's really funny just a

0:23:34.881 --> 0:23:36.982
really funny one-liner just

0:23:37.002 --> 0:23:37.903
like hey you've been in

0:23:37.923 --> 0:23:38.683
jail for three months how

0:23:38.703 --> 0:23:40.365
was it really enjoyable

0:23:40.444 --> 0:23:43.067
overall was that like uh

0:23:43.227 --> 0:23:45.989
was that in sarcasm or is

0:23:46.068 --> 0:23:47.430
it like at the end of the

0:23:47.470 --> 0:23:48.711
wolf of war street but he's

0:23:48.770 --> 0:23:50.172
like in the he's playing

0:23:50.211 --> 0:23:51.393
tennis in the prison like

0:23:53.222 --> 0:23:53.683
I don't know.

0:23:53.743 --> 0:23:55.306
I've not been to Singaporean prisons,

0:23:55.366 --> 0:23:56.567
so I don't know whether it

0:23:56.669 --> 0:23:58.070
is like tennis courts.

0:23:58.250 --> 0:23:59.854
I don't know if it's like

0:23:59.894 --> 0:24:01.455
rich guy prison or whether

0:24:01.516 --> 0:24:03.720
it's bad prison.

0:24:05.383 --> 0:24:06.545
Like don't drop the soap in

0:24:06.565 --> 0:24:07.125
the shower prison?

0:24:08.240 --> 0:24:10.641
Yeah, what's that line from Office Space?

0:24:10.941 --> 0:24:11.800
Fuck me in the ass prison?

0:24:11.820 --> 0:24:13.021
Is that what it is?

0:24:13.602 --> 0:24:14.241
Fuck me in the ass?

0:24:14.261 --> 0:24:15.343
Is that what it is?

0:24:15.383 --> 0:24:17.222
Federal fuck me in the ass prison.

0:24:18.243 --> 0:24:19.884
Federal fuck me in the ass prison, yeah.

0:24:21.244 --> 0:24:22.065
There you go.

0:24:22.345 --> 0:24:22.845
That's the one.

0:24:22.884 --> 0:24:25.886
The one bit of analysis I saw about it,

0:24:25.987 --> 0:24:27.366
again, I don't know if this is true,

0:24:27.426 --> 0:24:29.387
but we're saying that it

0:24:29.428 --> 0:24:30.847
might be part of an idea to

0:24:30.887 --> 0:24:32.288
try and rehabilitate his

0:24:32.348 --> 0:24:34.509
image in order to do future work.

0:24:35.529 --> 0:24:36.990
um is to be like no no it

0:24:37.050 --> 0:24:39.372
was really fine not saying

0:24:39.432 --> 0:24:40.413
that he'd learned a lesson

0:24:40.472 --> 0:24:41.394
or anything like that just

0:24:41.433 --> 0:24:43.595
that it was fine which is

0:24:43.634 --> 0:24:44.775
what very trustworthy guy

0:24:44.816 --> 0:24:46.435
says I went to prison I

0:24:46.476 --> 0:24:48.377
liked it it's a very normal

0:24:49.538 --> 0:24:52.019
reaction which if some if I

0:24:52.099 --> 0:24:53.019
read of somebody having

0:24:53.059 --> 0:24:54.101
that reaction to prison I

0:24:54.121 --> 0:24:54.921
think I would invest in

0:24:54.980 --> 0:24:59.403
them um great great guy uh

0:25:00.144 --> 0:25:00.944
not financial advice

0:25:02.028 --> 0:25:02.327
It's funny.

0:25:02.788 --> 0:25:04.369
It reconnected him with nature.

0:25:04.810 --> 0:25:05.111
Yeah.

0:25:06.112 --> 0:25:07.894
Like jungle nature.

0:25:10.296 --> 0:25:11.076
I can see that.

0:25:11.477 --> 0:25:12.278
Like you go to prison,

0:25:12.298 --> 0:25:14.299
you're in concrete for six months, a year,

0:25:14.319 --> 0:25:14.960
a couple of years.

0:25:15.260 --> 0:25:15.980
Suddenly you're like, man,

0:25:16.000 --> 0:25:17.742
that tree looks pretty awesome.

0:25:18.644 --> 0:25:20.204
I want to be around a lot of trees.

0:25:21.666 --> 0:25:23.167
Like fighting for your life in there.

0:25:24.229 --> 0:25:26.030
Desperately trying not to drop the soap.

0:25:29.234 --> 0:25:31.515
Why are there moving boxes behind you now?

0:25:31.535 --> 0:25:32.056
Are you moving?

0:25:33.556 --> 0:25:34.836
We recently moved into this

0:25:34.855 --> 0:25:35.915
house a year ago.

0:25:35.935 --> 0:25:38.737
Ah, so it's still not unpacked.

0:25:41.156 --> 0:25:42.517
We moved here a couple of weeks ago.

0:25:42.537 --> 0:25:45.038
And while I was away,

0:25:45.057 --> 0:25:48.698
I came back and my partner

0:25:48.758 --> 0:25:50.798
has decided that the office

0:25:50.838 --> 0:25:53.578
is now a box room because

0:25:53.898 --> 0:25:55.779
they're on my chore list to pack up.

0:25:55.799 --> 0:25:58.140
That's cool.

0:25:59.065 --> 0:26:01.827
yeah yeah there's like other

0:26:01.847 --> 0:26:02.808
things in here that I have

0:26:02.848 --> 0:26:04.630
to do as well like there's

0:26:04.671 --> 0:26:06.551
a there's a floor mat over

0:26:06.592 --> 0:26:07.553
there which is apparently

0:26:07.613 --> 0:26:09.734
my duty now because I don't

0:26:09.775 --> 0:26:14.019
know why and there's other

0:26:14.059 --> 0:26:15.240
buried under those boxes

0:26:15.441 --> 0:26:16.682
demons you don't want to

0:26:16.701 --> 0:26:19.565
know about but this was

0:26:20.526 --> 0:26:22.288
pretty tidy when I left and now it is

0:26:23.529 --> 0:26:25.351
completely the opposite so

0:26:25.451 --> 0:26:26.511
it's like broken window

0:26:26.571 --> 0:26:27.632
theory do you remember that

0:26:27.832 --> 0:26:28.553
I mean I know that's

0:26:28.613 --> 0:26:30.134
discredited as a theory but

0:26:30.354 --> 0:26:31.894
do you do you know about

0:26:31.934 --> 0:26:32.815
that I mean they assume the

0:26:32.835 --> 0:26:33.836
americans do right

0:26:35.074 --> 0:26:37.415
no idea I don't think it's

0:26:37.455 --> 0:26:38.876
the new york policing idea

0:26:38.936 --> 0:26:40.198
isn't it where like if you

0:26:40.838 --> 0:26:41.598
walk down the street you

0:26:41.618 --> 0:26:42.640
see a broken window you're

0:26:42.660 --> 0:26:43.381
like this place is a

0:26:43.520 --> 0:26:45.682
shithole oh I can I can

0:26:45.702 --> 0:26:47.124
clearly rob people here so

0:26:47.144 --> 0:26:48.184
I'm gonna go buy a gun and

0:26:48.204 --> 0:26:49.865
like I can stick some

0:26:49.885 --> 0:26:50.707
people up it's like the

0:26:50.787 --> 0:26:52.769
idea of a there's a kind of

0:26:53.269 --> 0:26:55.891
um positive feedback loop x

0:26:55.971 --> 0:26:57.732
like externality I suppose

0:26:57.752 --> 0:26:59.134
or whatever about um

0:27:00.854 --> 0:27:01.934
various types of like petty

0:27:01.976 --> 0:27:04.598
crime and whatever it's like reinforcing.

0:27:04.659 --> 0:27:05.319
So you have to like.

0:27:07.164 --> 0:27:08.105
you have to come down really

0:27:08.164 --> 0:27:11.846
hard on all of it because it, it,

0:27:12.126 --> 0:27:13.928
it allows things to slide,

0:27:14.008 --> 0:27:15.167
but also there's kind of a,

0:27:15.647 --> 0:27:16.469
there's also a kind of

0:27:16.509 --> 0:27:17.249
implication that you also

0:27:17.269 --> 0:27:19.250
need to fix things that are shit,

0:27:19.569 --> 0:27:20.710
like the windows and stuff.

0:27:20.970 --> 0:27:21.851
Although I think the way it was,

0:27:22.131 --> 0:27:22.851
I feel like the way it was

0:27:22.891 --> 0:27:23.932
interpreted by law

0:27:23.951 --> 0:27:25.912
enforcement was not so that I,

0:27:25.991 --> 0:27:27.553
I obviously hear that and I go, Oh,

0:27:27.653 --> 0:27:27.873
right.

0:27:27.893 --> 0:27:28.692
So what you're saying is the

0:27:28.792 --> 0:27:30.253
area is deprived, um,

0:27:30.394 --> 0:27:31.314
hence the broken windows.

0:27:31.354 --> 0:27:33.154
So you need to like invest in the area,

0:27:33.194 --> 0:27:34.655
fix the windows, fix the, um,

0:27:35.511 --> 0:27:36.613
opportunity of the people

0:27:36.653 --> 0:27:38.615
that live there and that

0:27:38.654 --> 0:27:39.496
will improve things but I

0:27:39.556 --> 0:27:40.497
think the actual way it was

0:27:40.517 --> 0:27:41.417
interpreted was you need to

0:27:41.478 --> 0:27:42.699
imprison people for minor

0:27:42.740 --> 0:27:44.121
infractions in that area

0:27:45.362 --> 0:27:48.484
and that didn't work and so

0:27:49.547 --> 0:27:53.269
yeah but onto Noel's spare room

0:27:54.243 --> 0:27:55.104
Broken windows theory

0:27:55.124 --> 0:27:57.384
definitely does apply to spare rooms,

0:27:57.484 --> 0:27:58.464
which is if you put one

0:27:58.644 --> 0:27:59.964
piece of total dog shit

0:27:59.984 --> 0:28:01.125
that you really need to

0:28:01.306 --> 0:28:03.286
throw out or at least deal

0:28:03.306 --> 0:28:05.626
with today in a spare room

0:28:06.126 --> 0:28:07.487
or in an office,

0:28:08.527 --> 0:28:09.508
suddenly every fucking

0:28:09.567 --> 0:28:12.607
thing piles up with increasing rapidity.

0:28:12.948 --> 0:28:13.888
You notice behind me there

0:28:13.929 --> 0:28:15.028
is one cardboard box.

0:28:16.561 --> 0:28:18.584
that appeared because I

0:28:18.683 --> 0:28:20.164
didn't pack it away after

0:28:20.224 --> 0:28:21.566
finishing some painting and

0:28:21.586 --> 0:28:22.747
then a second box has

0:28:22.787 --> 0:28:23.826
appeared on top of that amp

0:28:24.428 --> 0:28:25.588
and just out of shot here

0:28:26.348 --> 0:28:27.430
there are two more boxes

0:28:27.470 --> 0:28:28.490
they've been multiplying

0:28:29.050 --> 0:28:30.732
and a workbench and then

0:28:30.752 --> 0:28:31.752
there's just a pile of baby

0:28:31.792 --> 0:28:32.834
stuff to give away to some

0:28:32.874 --> 0:28:34.275
people which could have

0:28:34.295 --> 0:28:35.175
gone somewhere else it went

0:28:35.215 --> 0:28:36.936
up here and and there's

0:28:36.957 --> 0:28:39.138
also just a dust a duster

0:28:39.179 --> 0:28:40.519
on the floor that I've just noticed

0:28:43.373 --> 0:28:45.513
That's how it happened.

0:28:45.534 --> 0:28:45.815
Yes.

0:28:45.855 --> 0:28:47.135
Shit gets stacked for you to take care of.

0:28:47.816 --> 0:28:48.316
Take care of this.

0:28:48.676 --> 0:28:48.856
Right.

0:28:49.156 --> 0:28:49.537
That's right.

0:28:49.557 --> 0:28:52.179
I just stripped the guest room.

0:28:52.219 --> 0:28:53.099
We no longer have a guest

0:28:53.140 --> 0:28:54.560
room because it's turning into a nursery.

0:28:55.240 --> 0:28:56.382
And that's basically my entire experience.

0:28:56.402 --> 0:28:57.182
The guest room was like,

0:28:57.201 --> 0:28:58.222
there's so much stuff in

0:28:58.262 --> 0:28:58.983
here that it should not be.

0:28:59.223 --> 0:29:01.644
There's like 30 boxes of

0:29:01.965 --> 0:29:05.988
Oatly milk because Cassie

0:29:06.008 --> 0:29:06.868
is in for arts and stuff.

0:29:06.888 --> 0:29:08.869
So there's just boxes of milk everywhere.

0:29:09.330 --> 0:29:11.551
It's really like, what's going on?

0:29:11.571 --> 0:29:12.413
I'm too flushed.

0:29:13.942 --> 0:29:14.142
What?

0:29:14.721 --> 0:29:15.021
Milk.

0:29:16.762 --> 0:29:17.063
Yeah,

0:29:17.103 --> 0:29:19.284
so oat milk comes in these cardboard

0:29:19.324 --> 0:29:20.005
cartons, right?

0:29:20.444 --> 0:29:21.464
And so there's like 30 of

0:29:21.505 --> 0:29:22.465
them because she'll use

0:29:22.506 --> 0:29:24.606
them for different art

0:29:24.666 --> 0:29:25.866
projects because she works with kids,

0:29:25.926 --> 0:29:26.146
right?

0:29:26.626 --> 0:29:27.867
And so she'll use them for art projects.

0:29:27.887 --> 0:29:29.028
There's just cartons and

0:29:29.087 --> 0:29:30.148
cartons and cartons of

0:29:30.229 --> 0:29:31.910
empty milk cartons.

0:29:33.891 --> 0:29:34.830
I might be dumb,

0:29:35.050 --> 0:29:36.932
but I'm like not connecting

0:29:37.051 --> 0:29:38.392
the milk and art.

0:29:38.412 --> 0:29:38.873
Yeah.

0:29:41.084 --> 0:29:45.445
art um say art crafts yes

0:29:45.786 --> 0:29:46.866
crafts yeah you can like

0:29:46.906 --> 0:29:47.926
cut off cut it in half

0:29:47.967 --> 0:29:49.048
right and then you have

0:29:49.067 --> 0:29:49.928
like a container in that

0:29:49.968 --> 0:29:52.709
container that's what I

0:29:52.749 --> 0:29:54.289
said empty yeah all right

0:29:54.369 --> 0:29:59.393
right yeah tin man in the

0:29:59.432 --> 0:30:01.973
chat asking who drinks cardboard milk

0:30:04.028 --> 0:30:04.807
You just grind it up in a

0:30:04.827 --> 0:30:07.648
Vitamix and then you put it

0:30:07.689 --> 0:30:09.028
with water and then you sift it out.

0:30:09.148 --> 0:30:09.749
Cardboard milk.

0:30:09.828 --> 0:30:10.209
Perfect.

0:30:10.650 --> 0:30:11.910
Can you squeeze anything enough?

0:30:11.930 --> 0:30:12.049
It's 2022.

0:30:12.089 --> 0:30:12.390
That's funny.

0:30:12.410 --> 0:30:12.509
Yeah.

0:30:12.529 --> 0:30:12.630
Yeah.

0:30:12.650 --> 0:30:13.329
So anyway, long story short,

0:30:13.349 --> 0:30:15.131
there's boxes because I

0:30:15.151 --> 0:30:15.911
need to put them away.

0:30:25.645 --> 0:30:27.207
Because, right,

0:30:27.926 --> 0:30:31.769
so has it ever been called your room?

0:30:32.108 --> 0:30:34.029
Hey, I put some boxes in your room?

0:30:34.049 --> 0:30:35.609
Because over here,

0:30:35.650 --> 0:30:37.050
that has happened in this office.

0:30:37.290 --> 0:30:38.751
Like this office I use, right,

0:30:38.751 --> 0:30:40.571
24 hours a day.

0:30:41.252 --> 0:30:42.512
And hey, I put some stuff in your room.

0:30:42.553 --> 0:30:44.054
Like, no, no, no, this is not my room.

0:30:44.193 --> 0:30:44.433
I'm not 12.

0:30:45.034 --> 0:30:46.134
Like, I own this whole place.

0:30:48.056 --> 0:30:48.776
Like, I own all this.

0:30:48.816 --> 0:30:50.136
This is all ours.

0:30:51.757 --> 0:30:53.097
From the front door to the back door.

0:30:54.088 --> 0:30:57.349
Yeah, I was like in the office,

0:30:57.390 --> 0:30:58.631
we have been looking for a,

0:30:59.030 --> 0:30:59.790
for a new place.

0:30:59.810 --> 0:31:01.031
Yeah.

0:31:01.071 --> 0:31:06.993
Um, in another capital city and that, yeah,

0:31:07.013 --> 0:31:07.493
it's like,

0:31:08.434 --> 0:31:11.635
depending on how expensive it

0:31:11.776 --> 0:31:13.375
is when we're looking at them,

0:31:13.615 --> 0:31:15.636
it depends on whether it's our place or,

0:31:15.896 --> 0:31:16.557
or my place.

0:31:17.877 --> 0:31:18.178
Okay.

0:31:18.738 --> 0:31:19.098
Yeah.

0:31:19.578 --> 0:31:20.138
So like.

0:31:22.489 --> 0:31:22.848
you know,

0:31:23.669 --> 0:31:25.250
seems to be like the more

0:31:25.309 --> 0:31:26.270
expensive they get,

0:31:26.371 --> 0:31:28.671
the more expectation I am to buy it.

0:31:33.093 --> 0:31:35.273
Rather than a we buying situation,

0:31:35.294 --> 0:31:37.075
it becomes a you're buying situation.

0:31:37.095 --> 0:31:38.996
So, yeah.

0:31:39.375 --> 0:31:43.698
But yeah, I mean, this room,

0:31:43.718 --> 0:31:46.439
I think without the cardboard boxes,

0:31:46.558 --> 0:31:48.278
like the echo in here would be insane.

0:31:48.318 --> 0:31:49.240
It's already pretty bad.

0:31:50.079 --> 0:31:51.320
Because it's just hard

0:31:51.381 --> 0:31:52.361
surfaces all around.

0:31:52.401 --> 0:31:52.661
Yeah.

0:31:52.981 --> 0:31:54.162
You just need a carpet.

0:31:54.221 --> 0:31:56.242
Once you get some furniture in there,

0:31:56.282 --> 0:31:57.384
it'll break all that shit up, right?

0:31:57.483 --> 0:31:59.704
So you just need a rug or something.

0:31:59.744 --> 0:32:00.105
The thing is,

0:32:00.204 --> 0:32:01.586
it almost looks like one of

0:32:01.625 --> 0:32:03.326
those default Zoom backgrounds.

0:32:05.107 --> 0:32:06.969
It's like the spare room background.

0:32:07.209 --> 0:32:08.750
Do you know what I mean?

0:32:08.769 --> 0:32:10.270
Like exposed brick wall.

0:32:11.030 --> 0:32:12.731
a few like an old whiteboard

0:32:12.971 --> 0:32:14.251
when for that period where

0:32:14.311 --> 0:32:15.333
your work was telling you

0:32:15.413 --> 0:32:16.712
you're going to work agile

0:32:17.334 --> 0:32:18.314
and you know just like like

0:32:18.814 --> 0:32:20.974
a few random a few random

0:32:21.015 --> 0:32:22.035
things got the way the

0:32:22.076 --> 0:32:23.435
dinosaurs just all packed

0:32:23.516 --> 0:32:25.116
up these boxes it's like

0:32:25.156 --> 0:32:26.616
the default background for

0:32:26.656 --> 0:32:28.377
a failing business where

0:32:28.397 --> 0:32:30.038
you've like half the

0:32:30.078 --> 0:32:31.179
stuff's packed up and

0:32:31.199 --> 0:32:32.299
you've like rolled the

0:32:32.339 --> 0:32:33.960
floor carpet up but you're

0:32:33.980 --> 0:32:35.361
still like trying to attend

0:32:35.441 --> 0:32:36.740
meetings and like pretend

0:32:36.780 --> 0:32:38.102
to be in business like

0:32:43.003 --> 0:32:44.025
You're muted, my man.

0:32:44.065 --> 0:32:46.227
It's like the live recording

0:32:46.606 --> 0:32:48.508
of Killed by Death by Motorhead.

0:32:48.528 --> 0:32:53.152
Okay, yeah, it's at the start.

0:32:53.731 --> 0:32:56.334
Lemmy goes, this was a big hit for us.

0:32:56.835 --> 0:32:58.816
I've got 10,000 copies in my house.

0:33:02.538 --> 0:33:04.780
That's what's in your boxes now.

0:33:04.800 --> 0:33:05.981
10,000 copies of Killed by Death.

0:33:06.001 --> 0:33:08.284
Does not sound like anything like that.

0:33:09.443 --> 0:33:09.904
Well, yeah.

0:33:10.576 --> 0:33:13.057
I wasn't trying to do my Lemmy impression.

0:33:14.057 --> 0:33:14.938
Anyway, the point is,

0:33:16.219 --> 0:33:19.900
also the lyrics for that song are great.

0:33:21.721 --> 0:33:22.881
I'm not going to recite them,

0:33:22.941 --> 0:33:24.281
but I'll look them up later.

0:33:24.321 --> 0:33:25.583
They're fantastic.

0:33:26.222 --> 0:33:26.962
I guess we'll put them in

0:33:26.982 --> 0:33:27.824
the show notes or something.

0:33:27.963 --> 0:33:29.384
So you're going to move again?

0:33:29.403 --> 0:33:30.444
It feels like you've moved

0:33:30.464 --> 0:33:31.125
like four times.

0:33:32.065 --> 0:33:32.905
Are you looking for another place?

0:33:34.346 --> 0:33:35.666
Yeah, well...

0:33:36.564 --> 0:33:37.344
If you move enough,

0:33:37.443 --> 0:33:39.964
the authorities can't find you.

0:33:40.164 --> 0:33:41.605
Your accountants can't find you either.

0:33:42.925 --> 0:33:43.906
We still sort of haven't

0:33:43.946 --> 0:33:46.147
really decided where we're going to live.

0:33:46.788 --> 0:33:47.728
We don't own this place.

0:33:47.807 --> 0:33:49.628
It's just the place that we're staying.

0:33:49.669 --> 0:33:50.189
Oh, okay.

0:33:50.209 --> 0:33:50.548
I got you.

0:33:50.608 --> 0:33:50.808
Okay.

0:33:51.529 --> 0:33:51.829
I got you.

0:33:52.690 --> 0:33:53.690
And the last place we didn't

0:33:53.710 --> 0:33:54.191
own it either.

0:33:54.211 --> 0:33:54.851
We just rented it.

0:33:54.871 --> 0:33:54.951
Okay.

0:33:58.553 --> 0:33:59.493
yeah so we're looking for

0:33:59.594 --> 0:34:01.075
like you know our home I

0:34:01.115 --> 0:34:03.477
guess you would say um yeah

0:34:03.596 --> 0:34:05.338
but it's like there's a

0:34:05.378 --> 0:34:07.400
basement is lovely this

0:34:07.440 --> 0:34:11.063
time of year it's it is so

0:34:12.244 --> 0:34:13.585
it's been really hot there

0:34:13.605 --> 0:34:17.489
uh in tenworth and I have

0:34:17.528 --> 0:34:21.652
just been belting the ac uh

0:34:21.791 --> 0:34:23.974
for like a few weeks now I

0:34:23.994 --> 0:34:25.896
don't think I've turned it off so

0:34:27.672 --> 0:34:30.815
There is like solar panels on the roof,

0:34:30.896 --> 0:34:32.416
but I'm fully expecting my

0:34:32.456 --> 0:34:33.657
dad to come and hand me the

0:34:33.797 --> 0:34:34.918
electricity bill at the end

0:34:34.938 --> 0:34:35.798
of like the quarter.

0:34:39.601 --> 0:34:40.983
Even though their AC is like

0:34:41.063 --> 0:34:42.384
five times the size of mine

0:34:42.403 --> 0:34:43.125
in the granny flat.

0:34:43.885 --> 0:34:44.985
So that place is too warm.

0:34:45.005 --> 0:34:46.467
Melbourne's too cold.

0:34:47.487 --> 0:34:47.728
Man,

0:34:48.168 --> 0:34:50.789
yesterday when I left to the other place,

0:34:51.190 --> 0:34:54.092
it was like, I left at 6 a.m.

0:34:54.112 --> 0:34:55.293
It was 30 degrees already.

0:34:56.922 --> 0:34:57.204
Really?

0:34:57.463 --> 0:34:57.884
Holy shit.

0:34:57.903 --> 0:34:58.123
Yeah.

0:34:58.784 --> 0:35:00.306
I got here at 7 p.m.

0:35:00.326 --> 0:35:01.507
and it was like 10 degrees.

0:35:01.527 --> 0:35:02.608
Yeah.

0:35:03.608 --> 0:35:03.849
Yeah.

0:35:04.309 --> 0:35:05.869
So you're looking for something.

0:35:05.889 --> 0:35:06.690
You want to split the difference,

0:35:06.710 --> 0:35:07.130
I'm guessing.

0:35:07.570 --> 0:35:09.452
I mean, Brisbane's always hot,

0:35:09.932 --> 0:35:10.974
so that's kind of better.

0:35:12.355 --> 0:35:15.976
I like it to be cold when I'm on holidays.

0:35:16.577 --> 0:35:19.260
During the rest of the month,

0:35:19.320 --> 0:35:20.201
I like to be able to go

0:35:20.240 --> 0:35:21.240
outside and do stuff.

0:35:21.882 --> 0:35:22.041
Yeah.

0:35:22.501 --> 0:35:24.384
Go hiking and shit, sweat my ass off.

0:35:26.726 --> 0:35:28.608
Like, it's summer,

0:35:28.789 --> 0:35:30.331
and I'm wearing a fucking jumper.

0:35:33.534 --> 0:35:34.835
So, I don't know.

0:35:36.998 --> 0:35:38.498
Going to see the Titanic

0:35:38.579 --> 0:35:39.940
exhibition on the weekend,

0:35:40.001 --> 0:35:41.682
so that'll be cool.

0:35:42.804 --> 0:35:44.405
There is stuff to do down here,

0:35:44.445 --> 0:35:44.925
so that's good.

0:35:46.168 --> 0:35:47.548
What will that entail?

0:35:47.889 --> 0:35:48.409
Yeah, what is that?

0:35:48.987 --> 0:35:49.268
I don't know.

0:35:49.288 --> 0:35:51.088
Apparently there's like bits

0:35:51.208 --> 0:35:53.349
of the Titanic in some

0:35:53.650 --> 0:35:54.769
exhibition in the museum.

0:35:54.849 --> 0:35:58.110
So I guess that was by that last submarine,

0:35:58.170 --> 0:35:58.510
I guess.

0:35:59.211 --> 0:35:59.331
Yeah.

0:35:59.371 --> 0:35:59.972
I'm like, that was,

0:36:00.211 --> 0:36:01.773
must've been previous

0:36:03.233 --> 0:36:04.333
missions down there that

0:36:04.393 --> 0:36:05.853
were successful to bring

0:36:05.893 --> 0:36:07.054
back like a chair or something.

0:36:07.994 --> 0:36:09.594
But why, why in Australia?

0:36:09.614 --> 0:36:11.335
I don't fucking know.

0:36:11.909 --> 0:36:12.849
They probably take it around

0:36:12.869 --> 0:36:13.389
the whole world.

0:36:13.489 --> 0:36:15.170
Like, oh, look at this.

0:36:15.871 --> 0:36:16.851
Oh, I see what you're saying.

0:36:17.231 --> 0:36:17.530
Okay.

0:36:17.590 --> 0:36:18.632
I'm picking up what you're putting down.

0:36:18.692 --> 0:36:20.492
I was like, that seems really far away.

0:36:20.512 --> 0:36:22.793
Or to just be like in the

0:36:22.833 --> 0:36:24.775
museum there as a rotating exhibit.

0:36:24.855 --> 0:36:25.155
Got it.

0:36:25.175 --> 0:36:25.394
Got it.

0:36:26.155 --> 0:36:26.355
Yeah.

0:36:26.375 --> 0:36:27.735
I think it's like an exhibit

0:36:27.775 --> 0:36:29.936
that sort of goes around

0:36:29.976 --> 0:36:31.157
the place or something.

0:36:31.737 --> 0:36:33.478
Like the other day there was dinosaurs.

0:36:33.538 --> 0:36:34.679
I don't know.

0:36:35.338 --> 0:36:35.619
Weird.

0:36:36.940 --> 0:36:37.480
On the Titanic?

0:36:38.416 --> 0:36:40.777
yeah no I know dinosaurs

0:36:40.817 --> 0:36:41.577
from the times I had a new

0:36:41.617 --> 0:36:43.759
theory no it's like my my

0:36:43.858 --> 0:36:45.099
phone had been spamming me

0:36:45.139 --> 0:36:46.460
for weeks about this like

0:36:47.340 --> 0:36:49.260
dinosaur exhibition but

0:36:49.300 --> 0:36:50.842
it's like no doubt a

0:36:50.902 --> 0:36:53.864
dinosaur network and then I

0:36:54.204 --> 0:36:55.543
then I like randomly walked

0:36:55.563 --> 0:36:58.065
then I woke up it was all a

0:36:58.106 --> 0:36:59.545
dream I'd never run any

0:36:59.585 --> 0:37:00.746
validators there was no

0:37:00.786 --> 0:37:02.047
network there was no

0:37:02.068 --> 0:37:04.248
network I'm not late for an upgrade

0:37:05.302 --> 0:37:06.164
I was, I walked,

0:37:06.364 --> 0:37:08.003
I walked my partner to Pilates, right?

0:37:08.164 --> 0:37:09.465
And then I was like walking

0:37:09.525 --> 0:37:11.585
home and I like looked in

0:37:11.626 --> 0:37:13.306
this warehouse looking thing in,

0:37:13.527 --> 0:37:14.688
in the middle of the suburbs.

0:37:16.088 --> 0:37:16.668
And I was like,

0:37:17.329 --> 0:37:19.070
what is this dinosaur thing

0:37:19.590 --> 0:37:21.190
standing there with like smoke,

0:37:21.331 --> 0:37:22.431
like the smoke coming around?

0:37:22.452 --> 0:37:22.811
I'm like, is it,

0:37:22.871 --> 0:37:23.492
this must be like a

0:37:23.552 --> 0:37:24.432
children's thing or

0:37:24.472 --> 0:37:25.353
something going on in there.

0:37:25.373 --> 0:37:26.114
Yeah.

0:37:26.273 --> 0:37:27.094
And then I looked down at my

0:37:27.114 --> 0:37:28.034
phone again and it's like

0:37:28.094 --> 0:37:29.795
still spamming me this dinosaur thing.

0:37:29.815 --> 0:37:34.197
And I'm like, this must be it.

0:37:35.681 --> 0:37:36.521
I guess this is it, yeah.

0:37:37.161 --> 0:37:37.302
Yeah,

0:37:37.342 --> 0:37:38.423
I don't know if there was like some

0:37:38.463 --> 0:37:39.403
of them around the place

0:37:39.423 --> 0:37:40.804
because it looked like pretty divey.

0:37:41.306 --> 0:37:41.965
It didn't look like

0:37:42.005 --> 0:37:42.806
something that should have

0:37:42.827 --> 0:37:43.467
been advertised.

0:37:44.708 --> 0:37:46.710
And how many mushrooms had you done?

0:37:47.590 --> 0:37:49.152
Like 10 grams before that?

0:37:50.233 --> 0:37:50.393
Yeah,

0:37:50.413 --> 0:37:51.594
mushrooms make it a huge comeback

0:37:51.634 --> 0:37:52.074
here in the U.S.,

0:37:53.869 --> 0:37:55.309
yeah like I don't know I

0:37:55.349 --> 0:37:57.090
guess I don't know what but

0:37:57.130 --> 0:37:58.150
yeah there was a there's a

0:37:58.710 --> 0:37:59.431
they're starting to show up

0:37:59.451 --> 0:38:00.431
at different locations and

0:38:00.532 --> 0:38:01.512
like I'm not sure I don't

0:38:01.532 --> 0:38:02.692
know if the legality is not

0:38:02.711 --> 0:38:03.291
going to change or anything

0:38:03.331 --> 0:38:04.652
else like that but but

0:38:04.672 --> 0:38:05.413
there was just a story I

0:38:05.432 --> 0:38:07.393
was reading about about how

0:38:08.173 --> 0:38:08.954
psychedelics are making

0:38:08.974 --> 0:38:09.853
like a huge comeback with

0:38:10.134 --> 0:38:11.313
college kids which I

0:38:11.353 --> 0:38:11.954
thought was pretty funny

0:38:12.614 --> 0:38:14.295
nice psychedelics is

0:38:14.335 --> 0:38:16.074
seasonal man they only grow

0:38:16.155 --> 0:38:18.295
in like the the shoulder

0:38:18.315 --> 0:38:22.516
seasons fast facts

0:38:24.525 --> 0:38:25.565
They used to be completely

0:38:25.626 --> 0:38:26.867
unregulated here because

0:38:26.887 --> 0:38:28.188
you can just like go and

0:38:28.208 --> 0:38:29.588
find them in the woods if you know where.

0:38:29.829 --> 0:38:32.150
And then they weirdly went

0:38:32.210 --> 0:38:35.351
just from maybe class C or

0:38:35.371 --> 0:38:37.454
maybe no class at all to class A,

0:38:37.594 --> 0:38:38.514
like the worst.

0:38:38.914 --> 0:38:39.335
Well, they did.

0:38:39.835 --> 0:38:40.675
Yeah, for no reason.

0:38:40.976 --> 0:38:43.077
And like, yeah,

0:38:43.177 --> 0:38:45.778
like if you hang out with...

0:38:47.722 --> 0:38:48.782
certain types of folks

0:38:49.422 --> 0:38:50.362
especially some who live

0:38:50.402 --> 0:38:52.304
like around about you can

0:38:52.704 --> 0:38:53.943
you you talk to people at

0:38:53.983 --> 0:38:55.344
work and who are kind of

0:38:55.405 --> 0:38:59.405
like who party occasionally

0:38:59.445 --> 0:39:01.487
still you can probably like

0:39:01.547 --> 0:39:02.487
if you talk to them about

0:39:02.728 --> 0:39:03.807
shrooms somebody will be

0:39:03.847 --> 0:39:04.688
like oh yeah I have a

0:39:04.708 --> 0:39:05.849
friend or a friend of a

0:39:05.889 --> 0:39:07.570
friend that knows that

0:39:07.630 --> 0:39:08.610
knows where they're growing

0:39:08.630 --> 0:39:11.170
yeah up in x woodland

0:39:12.405 --> 0:39:13.726
You're like, okay, that figures.

0:39:14.306 --> 0:39:15.588
People would make a fucking

0:39:15.648 --> 0:39:16.648
note when they're like, oh,

0:39:16.668 --> 0:39:18.228
a clutch of magic mushrooms.

0:39:18.309 --> 0:39:18.909
That will do.

0:39:20.271 --> 0:39:21.311
Let's get the what three

0:39:21.371 --> 0:39:22.692
words for this location.

0:39:24.652 --> 0:39:25.213
Hey,

0:39:25.353 --> 0:39:27.235
so if I could address the Rama in the

0:39:27.295 --> 0:39:27.934
room right now,

0:39:27.954 --> 0:39:29.255
I probably should just text him,

0:39:29.295 --> 0:39:32.197
but he's been nagging my ass for ages.

0:39:32.217 --> 0:39:33.217
And hey,

0:39:33.777 --> 0:39:35.039
I'm actually going to be driving

0:39:35.099 --> 0:39:37.581
back home via the Newcastle way.

0:39:37.601 --> 0:39:39.922
Did you use Dr. Rama?

0:39:40.733 --> 0:39:42.275
Well, it's a big place.

0:39:43.135 --> 0:39:44.836
It's lots of suburbs.

0:39:44.876 --> 0:39:46.858
By Australian standards or

0:39:46.898 --> 0:39:48.440
by everywhere else's standards?

0:39:48.739 --> 0:39:51.222
There's like 300 people there.

0:39:51.262 --> 0:39:51.963
Let me rephrase.

0:39:52.023 --> 0:39:54.125
I'll be driving home via Rue City.

0:39:55.846 --> 0:39:58.467
It's like me saying I'm in Melbourne.

0:39:58.507 --> 0:39:59.389
It'd be pretty fucking hard

0:39:59.409 --> 0:40:00.429
to find me here.

0:40:02.851 --> 0:40:03.112
Anyway.

0:40:06.393 --> 0:40:07.835
I might stop in for that beer.

0:40:07.855 --> 0:40:08.936
Are you going to put me out for the night?

0:40:08.976 --> 0:40:09.737
It's a fucking long way.

0:40:11.385 --> 0:40:11.666
Right now,

0:40:11.726 --> 0:40:13.106
I'm just going to go on Google

0:40:13.126 --> 0:40:14.588
Maps and search Newcastle

0:40:14.608 --> 0:40:15.909
for the finest backyard.

0:40:15.929 --> 0:40:20.251
I know he's going to get totally doxxed.

0:40:20.271 --> 0:40:20.510
Well,

0:40:20.550 --> 0:40:22.632
he has shared a photo previously of

0:40:22.672 --> 0:40:24.594
his front yard with his lawnmower in it.

0:40:25.213 --> 0:40:26.034
Finest backyard.

0:40:26.074 --> 0:40:26.735
I'm looking right now.

0:40:26.755 --> 0:40:27.355
I'm going to find it.

0:40:27.375 --> 0:40:28.315
Time to get out the AI.

0:40:30.884 --> 0:40:31.923
help me find the finest

0:40:31.963 --> 0:40:36.465
backyard um so yeah like

0:40:36.505 --> 0:40:38.385
you know maybe tuesday next

0:40:38.445 --> 0:40:41.387
week uh it's 100 kilometers

0:40:41.447 --> 0:40:42.987
out of my way so it better

0:40:43.007 --> 0:40:44.527
be like some sort of pint

0:40:44.588 --> 0:40:47.989
involved a beer yeah a pint

0:40:48.028 --> 0:40:50.429
of beer yeah oh it's like

0:40:50.469 --> 0:40:51.371
it's more than that right

0:40:51.411 --> 0:40:52.471
it's it's way out of your way

0:40:54.534 --> 0:40:56.356
Uh, yeah, it's no, it's like a hundred Ks.

0:40:56.657 --> 0:40:56.978
Well,

0:40:57.097 --> 0:40:58.259
actually it's probably like 150 Ks

0:40:58.378 --> 0:40:58.818
out of my way.

0:40:58.898 --> 0:40:59.239
You must like,

0:40:59.260 --> 0:41:01.161
it must be a way to cut across, right?

0:41:01.181 --> 0:41:02.543
You're not like going all the way.

0:41:08.186 --> 0:41:10.307
M1 to A1 and everything, right?

0:41:10.688 --> 0:41:12.068
This is the scale of countries.

0:41:12.068 --> 0:41:13.648
150 kilometers out of the

0:41:13.688 --> 0:41:15.009
way would take you across

0:41:15.048 --> 0:41:16.449
to the other side of England.

0:41:16.469 --> 0:41:17.750
I know, it's like the whole country.

0:41:17.769 --> 0:41:18.090
As in,

0:41:18.130 --> 0:41:18.750
I literally know that it is 153

0:41:18.750 --> 0:41:18.951
kilometers.

0:41:19.471 --> 0:41:20.610
I'm going to dox my location here.

0:41:20.731 --> 0:41:21.371
It's 153 kilometers to York

0:41:21.391 --> 0:41:21.951
from the place I live.

0:41:33.371 --> 0:41:35.253
It's a city up in the north of England,

0:41:36.293 --> 0:41:38.713
much further north than the northwest.

0:41:39.635 --> 0:41:40.375
It's literally on the other

0:41:40.414 --> 0:41:41.014
side of the country.

0:41:41.034 --> 0:41:45.436
Yeah, it's a little detour.

0:41:46.436 --> 0:41:46.858
Yesterday,

0:41:46.958 --> 0:41:50.579
I drove basically 1,200 kilometers.

0:41:53.219 --> 0:41:54.099
From here,

0:41:54.239 --> 0:41:56.601
that would get you to the south of France,

0:41:56.661 --> 0:41:57.822
I think.

0:41:58.061 --> 0:42:00.262
I think that would get you to Switzerland.

0:42:01.940 --> 0:42:03.081
And I did that in one sitting.

0:42:04.221 --> 0:42:05.402
I stopped only for diesel.

0:42:07.043 --> 0:42:08.623
Was it just like one road,

0:42:08.684 --> 0:42:11.846
like in Mad Max or Waking Fright?

0:42:14.527 --> 0:42:14.867
No.

0:42:16.088 --> 0:42:17.889
You have to do a lot of turns.

0:42:18.269 --> 0:42:19.331
It's a bit of zigzagging

0:42:19.371 --> 0:42:20.431
through the countryside.

0:42:20.471 --> 0:42:22.612
But if you go via... We did the desert.

0:42:22.632 --> 0:42:24.152
That was the final one I was thinking of.

0:42:24.733 --> 0:42:27.375
If you go via Rootown, it is...

0:42:29.123 --> 0:42:31.065
basically like 110 most of

0:42:31.105 --> 0:42:32.985
the way so it's further but

0:42:33.025 --> 0:42:34.447
it's quicker to go the

0:42:34.467 --> 0:42:35.327
other way or it's it's a

0:42:35.367 --> 0:42:36.688
similar it's a similar time

0:42:36.728 --> 0:42:39.389
but it's further right yeah

0:42:39.650 --> 0:42:40.690
but there's no like you

0:42:40.710 --> 0:42:41.971
just get on there and go to

0:42:42.030 --> 0:42:43.092
sleep and put on cruise

0:42:43.112 --> 0:42:46.614
control so literally just

0:42:47.074 --> 0:42:48.974
get into the back seat let

0:42:49.014 --> 0:42:50.315
things take their course

0:42:51.257 --> 0:42:53.197
you know the accelerator

0:42:54.061 --> 0:42:55.302
The cruise control in my

0:42:55.822 --> 0:42:57.143
cruiser will run you into a

0:42:57.184 --> 0:42:58.085
pole for sure.

0:42:58.585 --> 0:43:00.706
Like it is bad.

0:43:01.266 --> 0:43:04.047
It's okay if you're on like

0:43:04.068 --> 0:43:05.389
some blacktop with really

0:43:05.429 --> 0:43:06.610
defined white lines.

0:43:07.871 --> 0:43:10.331
The lane centering will sort of work.

0:43:10.972 --> 0:43:11.992
But like if there's a

0:43:12.052 --> 0:43:13.173
turnoff or something and

0:43:13.213 --> 0:43:13.974
then there's like a

0:43:14.074 --> 0:43:15.195
continuity line that's a

0:43:15.255 --> 0:43:16.155
white dotted line,

0:43:16.215 --> 0:43:18.217
but then the actual edge

0:43:18.277 --> 0:43:19.717
line is still solid white,

0:43:20.179 --> 0:43:21.079
like there's a good chance

0:43:21.119 --> 0:43:22.480
it'll reef you off the road into a pole.

0:43:23.260 --> 0:43:24.039
Wait, wait, wait, wait, what?

0:43:24.159 --> 0:43:25.219
Your cruise control takes

0:43:25.280 --> 0:43:26.340
over the wheel as well.

0:43:27.041 --> 0:43:27.360
Yeah,

0:43:27.380 --> 0:43:28.721
it sort of... It keeps you in the

0:43:28.740 --> 0:43:29.440
center of the lane.

0:43:30.021 --> 0:43:30.461
Yeah.

0:43:30.822 --> 0:43:31.742
You can turn it on and off.

0:43:34.081 --> 0:43:34.983
Okay, for some reason,

0:43:35.023 --> 0:43:36.023
I thought cruise control

0:43:36.083 --> 0:43:37.483
was just like it was back

0:43:37.523 --> 0:43:38.483
in the 90s or wherever,

0:43:38.523 --> 0:43:40.844
where it just locks you to a speed.

0:43:41.403 --> 0:43:42.403
You don't have a car, do you?

0:43:43.585 --> 0:43:43.744
No.

0:43:44.864 --> 0:43:45.204
Yeah, so...

0:43:46.197 --> 0:43:47.398
the modern cruise control

0:43:47.458 --> 0:43:48.699
and like the new newish

0:43:48.760 --> 0:43:51.121
cars it'll it'll like slow

0:43:51.161 --> 0:43:52.382
you down if you're coming

0:43:52.443 --> 0:43:53.623
up on another car as well

0:43:54.143 --> 0:43:55.045
so to keep you around the

0:43:55.085 --> 0:43:56.346
speed it'll like stop you

0:43:56.365 --> 0:43:58.086
from running into cars that

0:43:58.126 --> 0:44:01.030
type of sort of keep you in

0:44:01.050 --> 0:44:02.911
the lane a little bit yeah

0:44:02.951 --> 0:44:03.652
it'll keep a distance to

0:44:03.692 --> 0:44:04.512
the car in front and that

0:44:04.532 --> 0:44:06.614
kind of your steering wheel

0:44:06.673 --> 0:44:07.934
vibrates if you like go

0:44:08.014 --> 0:44:11.257
over a line like the rumble

0:44:11.297 --> 0:44:12.739
strips used to do and

0:44:12.759 --> 0:44:15.001
probably still do just like dual shock t

0:44:16.451 --> 0:44:17.112
Yeah, yeah.

0:44:17.512 --> 0:44:18.932
Dual shock steering wheel.

0:44:21.855 --> 0:44:23.056
But yeah, I mean,

0:44:23.956 --> 0:44:25.137
what do you do then when

0:44:25.157 --> 0:44:26.298
the car's doing all the work?

0:44:26.378 --> 0:44:27.460
So I tend to like leave a

0:44:27.500 --> 0:44:28.239
lot of that shit off.

0:44:28.280 --> 0:44:29.641
So I still have to kind of drive.

0:44:32.003 --> 0:44:33.503
Well, you could put on the, what is it?

0:44:33.523 --> 0:44:37.166
The Apple Vision Pro, right?

0:44:37.226 --> 0:44:38.447
Put on the Apple Vision Pro,

0:44:38.487 --> 0:44:40.070
but it's got like, you know,

0:44:40.190 --> 0:44:41.391
children and targets and

0:44:41.431 --> 0:44:42.231
stuff to run into.

0:44:42.251 --> 0:44:44.432
Yeah, exactly.

0:44:44.672 --> 0:44:44.833
Yeah.

0:44:46.753 --> 0:44:47.813
So you're like down the

0:44:47.853 --> 0:44:49.034
highway collecting points.

0:44:49.576 --> 0:44:49.815
Yeah.

0:44:51.858 --> 0:44:52.818
Or like, I mean,

0:44:52.998 --> 0:44:54.039
I guess a better version of

0:44:54.079 --> 0:44:55.260
that would be like you get

0:44:55.320 --> 0:44:56.561
points for staying right in

0:44:56.581 --> 0:44:57.722
the middle of the lane or something.

0:44:59.985 --> 0:45:00.826
I mean, it wouldn't be as fun,

0:45:00.865 --> 0:45:03.108
but maybe more safe.

0:45:03.288 --> 0:45:04.409
Watch YouTube videos or something.

0:45:04.429 --> 0:45:05.369
Let it pop up in front of

0:45:05.409 --> 0:45:06.791
you and just let the car do its thing.

0:45:07.853 --> 0:45:09.673
I feel like that might be a distraction.

0:45:10.295 --> 0:45:10.394
Yeah.

0:45:11.588 --> 0:45:13.010
Could you imagine looking

0:45:13.070 --> 0:45:13.951
next to you and seeing

0:45:14.030 --> 0:45:14.972
someone with this fucking

0:45:15.032 --> 0:45:16.733
thing on their head and they're like,

0:45:19.215 --> 0:45:20.476
while the car's just like

0:45:20.635 --> 0:45:21.836
careering down the highway

0:45:21.876 --> 0:45:22.898
at 100 kilometers an hour?

0:45:24.119 --> 0:45:26.001
So has anybody else seen those, you know,

0:45:26.021 --> 0:45:27.822
speaking of the Apple Vision thingy,

0:45:28.202 --> 0:45:30.483
like they've been kind of like, you know,

0:45:30.503 --> 0:45:31.284
there's posts being like,

0:45:31.324 --> 0:45:31.945
what the fuck is this

0:45:31.985 --> 0:45:33.425
person doing on public

0:45:33.445 --> 0:45:34.686
transport wearing one?

0:45:34.987 --> 0:45:36.188
There's been a lot of those

0:45:37.469 --> 0:45:38.831
in the last couple of weeks maybe.

0:45:38.871 --> 0:45:39.070
Yeah.

0:45:39.791 --> 0:45:43.233
And then the second half of that,

0:45:43.273 --> 0:45:43.894
then I've seen a whole

0:45:43.914 --> 0:45:44.996
bunch of posts being like,

0:45:45.615 --> 0:45:47.657
this is viral marketing.

0:45:47.737 --> 0:45:49.778
This is them trying to get

0:45:49.798 --> 0:45:50.980
it in front of your face by being like,

0:45:51.000 --> 0:45:51.840
look at this person.

0:45:51.860 --> 0:45:53.603
They look like a fucking

0:45:53.663 --> 0:45:55.684
idiot on public transport, typing away,

0:45:56.125 --> 0:45:56.844
getting stuff done,

0:45:56.864 --> 0:45:57.905
being productive outside of

0:45:57.945 --> 0:45:58.706
working hours for their

0:45:58.746 --> 0:45:59.626
capitalist masters.

0:46:02.530 --> 0:46:03.150
But then you're like...

0:46:04.050 --> 0:46:04.351
yeah,

0:46:04.371 --> 0:46:05.130
but they're just going to get it

0:46:05.150 --> 0:46:06.391
fucking stolen off their head.

0:46:06.411 --> 0:46:07.291
They're just going to get something,

0:46:07.311 --> 0:46:07.751
knock it off.

0:46:07.791 --> 0:46:09.452
And they're like, and then people are like,

0:46:09.512 --> 0:46:10.032
well, no, no, no.

0:46:10.052 --> 0:46:11.112
What if this isn't a viral

0:46:11.132 --> 0:46:11.851
marketing stunt?

0:46:12.112 --> 0:46:13.233
People are stupid enough to

0:46:14.693 --> 0:46:16.213
have stuff knocked off their head anyway.

0:46:16.632 --> 0:46:18.614
And now I'm back to like, I don't know.

0:46:18.713 --> 0:46:19.434
Is it, is it,

0:46:20.074 --> 0:46:21.414
is it a viral marketing stunt?

0:46:22.574 --> 0:46:23.755
Are these people genuinely

0:46:23.795 --> 0:46:25.375
just like sat in broad

0:46:25.414 --> 0:46:27.195
daylight on a bench typing

0:46:27.255 --> 0:46:29.056
away completely oblivious?

0:46:30.675 --> 0:46:31.396
I don't think so.

0:46:32.692 --> 0:46:33.572
Like that guy that was

0:46:33.632 --> 0:46:34.612
crossing the road and he's

0:46:34.632 --> 0:46:37.155
like stopping and like, I can't,

0:46:37.835 --> 0:46:39.436
I just can't see people doing that yet.

0:46:41.036 --> 0:46:42.557
Mainly because you look like a fuckwit.

0:46:43.579 --> 0:46:43.719
Yeah,

0:46:43.739 --> 0:46:44.940
but these are videos that other

0:46:44.980 --> 0:46:45.980
people have taken of

0:46:46.039 --> 0:46:47.380
somebody walking around.

0:46:48.342 --> 0:46:48.762
No,

0:46:49.382 --> 0:46:51.262
there's a whole crew behind that person

0:46:51.282 --> 0:46:51.943
with the camera,

0:46:52.003 --> 0:46:54.465
like stopping traffic and shit.

0:46:56.126 --> 0:46:56.347
No,

0:46:56.447 --> 0:46:58.268
I don't mean like a well-produced thing.

0:46:58.307 --> 0:47:00.148
I mean like phone camera portrait.

0:47:00.168 --> 0:47:00.728
Yeah, I know.

0:47:00.809 --> 0:47:01.750
It's made to look

0:47:02.893 --> 0:47:04.293
Like it was taken on the street.

0:47:04.373 --> 0:47:05.253
But there's a whole crew of

0:47:05.313 --> 0:47:06.434
people behind that person

0:47:06.474 --> 0:47:07.153
with their iPhone.

0:47:07.193 --> 0:47:09.715
You are in the conspiracy bandwagon.

0:47:09.775 --> 0:47:10.996
It's not a conspiracy.

0:47:11.056 --> 0:47:12.295
It's fucking marketing.

0:47:12.315 --> 0:47:15.237
It's not marketing, right?

0:47:15.257 --> 0:47:16.898
It does explain why they

0:47:16.958 --> 0:47:18.557
aren't instantly mugged, doesn't it?

0:47:18.597 --> 0:47:20.378
Like polished figment videos,

0:47:21.179 --> 0:47:22.079
they don't engage.

0:47:22.298 --> 0:47:22.838
They don't hit.

0:47:23.380 --> 0:47:26.360
You need to have like homegrown, you know,

0:47:27.300 --> 0:47:28.661
fucking home movie style

0:47:29.362 --> 0:47:30.661
like marketing these days.

0:47:31.925 --> 0:47:33.306
Artisanal, you might call it.

0:47:34.768 --> 0:47:35.148
Yeah.

0:47:35.588 --> 0:47:35.949
Cottage.

0:47:37.972 --> 0:47:38.371
Cottage.

0:47:38.972 --> 0:47:40.273
Cottage marketing.

0:47:41.655 --> 0:47:42.695
I think cottage marketing

0:47:42.735 --> 0:47:43.556
might be a different thing.

0:47:47.519 --> 0:47:50.643
I think some people are really... I mean,

0:47:50.663 --> 0:47:51.664
it's all like the Casey

0:47:51.684 --> 0:47:52.525
Neistats and things like

0:47:52.545 --> 0:47:53.105
that running around,

0:47:53.164 --> 0:47:57.728
but I think others do want to, you know,

0:47:58.885 --> 0:47:59.867
walk around that stupid ass

0:47:59.887 --> 0:48:01.688
thing and and be in city

0:48:01.708 --> 0:48:02.329
streets and those kind of

0:48:02.349 --> 0:48:03.309
things and so be it

0:48:03.528 --> 0:48:04.809
whatever I mean honestly

0:48:05.130 --> 0:48:05.731
most of that though is

0:48:05.751 --> 0:48:07.492
going to be very short term

0:48:07.992 --> 0:48:09.534
right like I don't think

0:48:09.574 --> 0:48:10.795
it's gonna I mean airplanes

0:48:10.875 --> 0:48:12.416
I kind of get it I kind of

0:48:12.436 --> 0:48:13.255
get it although you look

0:48:13.275 --> 0:48:14.077
like a fucking moron in

0:48:14.117 --> 0:48:14.637
that thing if you're

0:48:14.657 --> 0:48:16.699
wearing an airplane but so

0:48:17.039 --> 0:48:18.460
I kind of low-key thought

0:48:18.519 --> 0:48:19.740
that when google glass came

0:48:19.800 --> 0:48:20.601
out I was like this is way

0:48:20.641 --> 0:48:21.442
too early like nobody's

0:48:21.461 --> 0:48:23.563
gonna buy it yet but I was

0:48:23.623 --> 0:48:24.925
like yeah this is the future

0:48:26.063 --> 0:48:29.288
So when Google Glass came out, I was like,

0:48:29.307 --> 0:48:29.969
this is it.

0:48:30.349 --> 0:48:31.670
This is the next killer app.

0:48:32.210 --> 0:48:33.532
I invested in Google when,

0:48:33.793 --> 0:48:35.054
when Google Glass came out

0:48:35.135 --> 0:48:36.175
and then like a week later

0:48:36.215 --> 0:48:37.157
they scrapped the project

0:48:37.197 --> 0:48:38.117
and then I uninvested.

0:48:38.137 --> 0:48:40.521
It was like 10 years too early.

0:48:41.661 --> 0:48:44.364
It was 10 years too early.

0:48:44.445 --> 0:48:44.925
Like, like,

0:48:45.492 --> 0:48:46.012
Just from the,

0:48:46.532 --> 0:48:47.373
like the idea of having a

0:48:47.413 --> 0:48:48.213
camera on your face and

0:48:48.253 --> 0:48:48.932
people taking a picture.

0:48:48.972 --> 0:48:50.454
Now that shift happened everywhere, right?

0:48:50.494 --> 0:48:51.054
Like you wouldn't have the

0:48:51.094 --> 0:48:51.954
same amount of backlash

0:48:51.994 --> 0:48:53.153
around recording in public.

0:48:53.355 --> 0:48:54.875
At the time it was like,

0:48:55.514 --> 0:48:57.735
it was just labeled as ultra pervy.

0:48:58.476 --> 0:48:58.896
Yeah.

0:48:58.956 --> 0:48:59.175
Right.

0:48:59.516 --> 0:48:59.936
Right.

0:49:00.036 --> 0:49:00.936
I mean, it still is.

0:49:01.016 --> 0:49:02.356
It's just that people are

0:49:02.777 --> 0:49:03.697
shifting a shifting

0:49:03.737 --> 0:49:04.858
baseline syndrome where

0:49:04.878 --> 0:49:05.958
people who have accepted,

0:49:05.978 --> 0:49:06.818
they have no privacy.

0:49:08.012 --> 0:49:09.373
There's no recording light

0:49:09.532 --> 0:49:10.713
on those Apple things either.

0:49:10.733 --> 0:49:12.293
It's the same thing, right?

0:49:13.534 --> 0:49:16.255
The Apple thing is probably

0:49:16.295 --> 0:49:17.635
a little bit more obvious

0:49:18.177 --> 0:49:19.737
than the nerd glasses.

0:49:21.518 --> 0:49:22.699
Sure.

0:49:22.719 --> 0:49:23.739
When you've got a fucking

0:49:23.759 --> 0:49:25.039
scuba mask on your face,

0:49:25.280 --> 0:49:26.320
people know it's there.

0:49:27.280 --> 0:49:28.161
When you're cruising down

0:49:28.201 --> 0:49:29.081
the street with some

0:49:29.101 --> 0:49:31.242
fucking glasses with a camera on it,

0:49:31.322 --> 0:49:32.402
it's a little bit different.

0:49:35.498 --> 0:49:36.798
yeah I'm saying well it's

0:49:36.818 --> 0:49:37.860
kind of bad like you know

0:49:37.940 --> 0:49:38.740
everything we saw in

0:49:38.780 --> 0:49:40.302
minority report 30 years

0:49:40.342 --> 0:49:42.023
later is going to be like a

0:49:42.063 --> 0:49:43.786
real thing and like that's

0:49:44.166 --> 0:49:44.826
because that's what he

0:49:44.867 --> 0:49:45.547
doesn't think doesn't he

0:49:45.586 --> 0:49:47.648
has the little that's where

0:49:47.668 --> 0:49:49.250
people get their ideas it's

0:49:49.289 --> 0:49:50.271
a projection isn't it it's

0:49:50.311 --> 0:49:51.833
projected his glasses in

0:49:51.873 --> 0:49:52.914
front of him that he then

0:49:52.954 --> 0:49:54.815
manipulates right was it

0:49:55.795 --> 0:49:56.896
yeah because I think he

0:49:56.936 --> 0:49:57.998
puts on glasses and then

0:49:58.057 --> 0:49:59.519
gloves right and I think

0:49:59.559 --> 0:50:00.800
really does he put glasses on

0:50:01.621 --> 0:50:01.940
Yeah.

0:50:02.340 --> 0:50:02.922
No.

0:50:03.242 --> 0:50:04.682
Really?

0:50:05.103 --> 0:50:06.603
I feel like that's what happens.

0:50:06.623 --> 0:50:09.485
He puts on glasses and gloves, doesn't he?

0:50:09.505 --> 0:50:11.306
Or did I just hallucinate the glasses?

0:50:12.067 --> 0:50:13.168
I think he hallucinated the glasses.

0:50:13.268 --> 0:50:14.148
Other people are also

0:50:14.168 --> 0:50:15.268
looking at the screens, right?

0:50:15.289 --> 0:50:16.030
So if they are looking at

0:50:16.050 --> 0:50:16.809
the screens as well,

0:50:17.210 --> 0:50:18.590
and you're not wearing glasses,

0:50:18.672 --> 0:50:20.253
how would they be looking at the screens?

0:50:20.313 --> 0:50:21.492
There's a projectory,

0:50:21.552 --> 0:50:22.994
the side of the glasses.

0:50:23.775 --> 0:50:25.996
So it's not in front of his eye,

0:50:26.675 --> 0:50:27.777
which would be cooler,

0:50:27.916 --> 0:50:30.458
but like... All right, I'm looking it up.

0:50:31.456 --> 0:50:32.318
He's looking at us.

0:50:32.478 --> 0:50:33.880
I was kind of hoping that we

0:50:33.920 --> 0:50:34.581
were just going to

0:50:34.641 --> 0:50:37.545
completely ignore that Apple face thing.

0:50:37.644 --> 0:50:38.525
But anyway,

0:50:39.106 --> 0:50:40.449
the one I reckon the best thing

0:50:40.489 --> 0:50:41.990
about it is like the

0:50:42.050 --> 0:50:44.414
technology in the spatial recognition.

0:50:44.434 --> 0:50:45.375
I reckon that's pretty good.

0:50:47.922 --> 0:50:49.824
Just mapping your surrounds

0:50:49.943 --> 0:50:52.545
instantly is pretty spish.

0:50:53.326 --> 0:50:53.927
But other than that,

0:50:54.166 --> 0:50:55.088
they look fucking dumb.

0:50:55.447 --> 0:50:57.429
It's a really hard problem as well.

0:50:58.110 --> 0:50:59.652
It's super useful.

0:50:59.672 --> 0:51:00.632
They're obviously just going

0:51:00.652 --> 0:51:01.873
to map it immediately and

0:51:01.913 --> 0:51:02.994
then upload it to their

0:51:03.233 --> 0:51:04.815
sarcophagus of doom and then

0:51:07.822 --> 0:51:09.123
Just continue to treat you

0:51:09.164 --> 0:51:10.344
like a fucking surf.

0:51:10.443 --> 0:51:12.065
Like if you, you know,

0:51:12.085 --> 0:51:13.425
if you want to pay $2,000

0:51:13.425 --> 0:51:14.565
for Apple to treat you like

0:51:14.606 --> 0:51:16.186
a fucking surf, then that's fine.

0:51:16.445 --> 0:51:17.907
Like I'll accept the cost of

0:51:17.947 --> 0:51:19.347
the Mac book because it's a

0:51:19.407 --> 0:51:20.306
really good laptop.

0:51:21.907 --> 0:51:22.268
Fuck.

0:51:22.668 --> 0:51:23.768
I'm not letting their shit

0:51:23.829 --> 0:51:27.889
into any more of their stuff in the house,

0:51:27.949 --> 0:51:28.210
man.

0:51:28.929 --> 0:51:29.510
It's a bummer.

0:51:32.030 --> 0:51:33.552
I've just become such a fucking Luddite.

0:51:33.572 --> 0:51:33.791
Sorry.

0:51:35.643 --> 0:51:35.902
Hey,

0:51:36.003 --> 0:51:39.306
so I installed Windows yesterday and

0:51:39.826 --> 0:51:41.487
the amount of shit you have

0:51:41.527 --> 0:51:43.909
to opt out on is fucking insane.

0:51:43.929 --> 0:51:48.092
It was like I needed to run

0:51:48.152 --> 0:51:49.373
a Windows specific app.

0:51:49.452 --> 0:51:50.092
In hindsight,

0:51:50.132 --> 0:51:50.853
I probably should have just

0:51:50.873 --> 0:51:51.815
given it a go on one.

0:51:52.675 --> 0:51:55.777
But yeah, installing Windows into a VM,

0:51:56.277 --> 0:51:56.878
it was painful.

0:51:56.918 --> 0:51:57.759
It took me like an hour.

0:51:58.079 --> 0:51:59.219
And opting out of that

0:51:59.840 --> 0:52:01.702
fucking sign up is just...

0:52:02.969 --> 0:52:03.090
Like,

0:52:03.110 --> 0:52:04.411
you know how you've got to sign into

0:52:04.451 --> 0:52:04.831
Windows?

0:52:04.851 --> 0:52:05.570
Oh, yeah.

0:52:05.630 --> 0:52:06.972
When you just want a local account,

0:52:07.092 --> 0:52:08.432
it's a pain in the ass.

0:52:08.932 --> 0:52:09.552
Right, right, right.

0:52:10.494 --> 0:52:10.614
Like,

0:52:10.634 --> 0:52:12.074
they really railroad you into that

0:52:12.135 --> 0:52:12.554
shit now.

0:52:13.675 --> 0:52:14.655
You can still get around it.

0:52:14.695 --> 0:52:15.896
It's just more of a pain in

0:52:15.916 --> 0:52:16.896
the ass than what it used to be.

0:52:16.916 --> 0:52:17.878
You used to just disconnect

0:52:17.918 --> 0:52:19.659
the internet and it was like, oh, fuck.

0:52:20.518 --> 0:52:21.360
You don't have the internet?

0:52:23.222 --> 0:52:23.402
What?

0:52:25.684 --> 0:52:27.304
But actually, if you don't,

0:52:27.465 --> 0:52:29.465
so now if you disconnect the internet,

0:52:30.126 --> 0:52:31.246
it'll like give you a

0:52:31.306 --> 0:52:32.547
prompt to connect to the internet.

0:52:32.728 --> 0:52:33.128
And it'll be like,

0:52:33.228 --> 0:52:34.489
you have to connect to the internet.

0:52:38.110 --> 0:52:39.731
It just won't give you an option not to.

0:52:39.751 --> 0:52:41.472
No, you can still get out of it.

0:52:42.152 --> 0:52:42.452
I thought.

0:52:42.612 --> 0:52:43.454
Yeah.

0:52:43.773 --> 0:52:44.634
But you have to like bring

0:52:44.673 --> 0:52:45.414
up the command line and

0:52:45.454 --> 0:52:46.235
turn some shit off.

0:52:47.376 --> 0:52:49.036
Or just keep entering like

0:52:49.396 --> 0:52:50.797
non-accounts over and over

0:52:50.838 --> 0:52:51.478
until it gives up.

0:52:53.610 --> 0:52:55.431
no clue man actually well we

0:52:55.471 --> 0:52:56.592
restored yeah I think we

0:52:56.652 --> 0:52:57.972
installed a few a few weeks

0:52:58.012 --> 0:53:00.074
ago but it isn't it's just

0:53:00.094 --> 0:53:01.295
really spammy like just the

0:53:02.016 --> 0:53:04.556
amount of requests um which

0:53:04.597 --> 0:53:05.458
apple does as well but it's

0:53:05.478 --> 0:53:06.759
a little bit different and

0:53:06.798 --> 0:53:08.039
then like even like edge as

0:53:08.119 --> 0:53:09.280
used to be when that first

0:53:09.320 --> 0:53:09.960
launched when they made the

0:53:10.001 --> 0:53:12.362
change from from uh their

0:53:12.382 --> 0:53:13.222
own internal structure and

0:53:13.643 --> 0:53:16.065
in using webkit um like it

0:53:16.105 --> 0:53:17.106
was a really good browser

0:53:17.146 --> 0:53:18.547
early on like it was it was

0:53:18.586 --> 0:53:20.047
really good and then eventually like

0:53:20.655 --> 0:53:21.655
the Microsoft marketing team

0:53:21.675 --> 0:53:22.436
gets in there and they keep

0:53:22.637 --> 0:53:23.438
shoving shit in there.

0:53:23.458 --> 0:53:26.019
And they just literally

0:53:26.061 --> 0:53:27.382
every fucking thing like it,

0:53:27.442 --> 0:53:28.143
like early on with like

0:53:28.182 --> 0:53:29.083
collections and like,

0:53:29.583 --> 0:53:30.885
like it was a really fast

0:53:31.786 --> 0:53:33.347
thin browser that worked really well.

0:53:33.387 --> 0:53:34.489
It just got worse and worse.

0:53:34.688 --> 0:53:36.351
Like just, I think they realized.

0:53:36.451 --> 0:53:37.952
Are you talking about edge?

0:53:38.452 --> 0:53:38.693
Yeah.

0:53:38.753 --> 0:53:39.173
It was pretty,

0:53:39.293 --> 0:53:40.175
pretty quick in the beginning.

0:53:40.195 --> 0:53:40.355
Yeah.

0:53:41.307 --> 0:53:41.728
Yeah,

0:53:41.807 --> 0:53:44.710
but now it's just like stuff filled

0:53:44.751 --> 0:53:45.210
with shit.

0:53:45.630 --> 0:53:46.452
And it doesn't do anything

0:53:46.572 --> 0:53:50.414
useful like Brave or anything does.

0:53:52.597 --> 0:53:52.797
Right.

0:53:53.717 --> 0:53:54.958
So the other thing I was...

0:53:55.559 --> 0:53:58.260
So the reason I was... So

0:53:58.862 --> 0:53:59.762
there's this business that

0:53:59.802 --> 0:54:01.143
I'm like somewhat involved with.

0:54:01.182 --> 0:54:02.583
I just help them out with stuff, right?

0:54:02.623 --> 0:54:04.686
Basically, I don't even charge them.

0:54:04.905 --> 0:54:05.666
I just do it for free.

0:54:06.606 --> 0:54:07.788
And they had...

0:54:09.286 --> 0:54:10.447
like was sorting out their

0:54:10.467 --> 0:54:11.728
accounting software and

0:54:11.748 --> 0:54:12.849
they refused to go into the

0:54:12.909 --> 0:54:16.612
cloud and so they've been

0:54:16.632 --> 0:54:17.512
running like you know the

0:54:17.532 --> 0:54:19.773
whole windows server with

0:54:20.014 --> 0:54:22.896
um remote desktop for you

0:54:22.936 --> 0:54:24.077
know group access to that

0:54:24.277 --> 0:54:28.380
accounting database and it

0:54:28.420 --> 0:54:29.822
became time where we needed

0:54:29.942 --> 0:54:31.423
to like get some licenses

0:54:31.503 --> 0:54:33.744
for a windows server and

0:54:34.005 --> 0:54:36.327
fucking hell man the like

0:54:37.284 --> 0:54:38.965
licensing environment in

0:54:39.025 --> 0:54:40.965
Microsoft is so complicated.

0:54:40.985 --> 0:54:43.246
Yeah.

0:54:43.266 --> 0:54:44.306
And so cumbersome.

0:54:44.606 --> 0:54:45.867
Like I couldn't even get

0:54:45.967 --> 0:54:47.246
anyone from Microsoft on

0:54:47.286 --> 0:54:49.507
the phone to explain it to me.

0:54:49.547 --> 0:54:51.327
They're like bounced me

0:54:51.367 --> 0:54:52.228
around all these different

0:54:52.288 --> 0:54:53.708
call centers and then

0:54:53.869 --> 0:54:54.989
eventually I just gave up.

0:54:55.748 --> 0:54:56.608
And then so I called a

0:54:56.648 --> 0:54:58.590
friend of mine who went to

0:54:58.610 --> 0:54:59.289
the Pirate Bay.

0:55:00.909 --> 0:55:03.510
So I called up a friend of mine like,

0:55:03.710 --> 0:55:04.751
hey man, you want to get a coffee?

0:55:06.161 --> 0:55:07.201
And he came down to go to

0:55:07.240 --> 0:55:10.422
coffee and he's like a

0:55:10.463 --> 0:55:13.043
Microsoft certified whatever.

0:55:13.063 --> 0:55:16.105
I was like, tell me about these licenses.

0:55:16.164 --> 0:55:16.664
And he's like,

0:55:16.804 --> 0:55:17.925
I can just start it on this

0:55:19.186 --> 0:55:20.527
drivel about these licenses

0:55:20.567 --> 0:55:21.706
for about 30 minutes.

0:55:21.766 --> 0:55:24.128
And then he's like, just don't bother.

0:55:24.387 --> 0:55:24.807
He's like,

0:55:24.827 --> 0:55:27.128
there's a different way there has to be.

0:55:29.476 --> 0:55:30.436
he like told me how I could

0:55:30.456 --> 0:55:32.277
do it a different way um

0:55:32.318 --> 0:55:33.197
which was much cheaper

0:55:33.398 --> 0:55:35.978
except like sat half a day

0:55:35.998 --> 0:55:39.199
of my life away so um

0:55:40.199 --> 0:55:41.639
anyway long story short

0:55:42.358 --> 0:55:45.960
just get linux like why

0:55:45.980 --> 0:55:47.159
won't businesses just start

0:55:47.179 --> 0:55:49.900
building like software on

0:55:49.960 --> 0:55:51.521
linux instead of windows

0:55:52.061 --> 0:55:53.922
office because microsoft

0:55:53.942 --> 0:55:54.882
will buy them out and also

0:55:54.902 --> 0:55:55.601
because office yeah

0:55:56.842 --> 0:55:57.222
It's all Office.

0:55:57.242 --> 0:55:59.864
Yeah, Office is on Mac now, though,

0:56:00.005 --> 0:56:01.204
and it's way less painful.

0:56:02.025 --> 0:56:03.666
Yeah, Mac's getting a little bit invasive,

0:56:03.686 --> 0:56:03.867
though.

0:56:04.586 --> 0:56:04.806
Hey?

0:56:05.547 --> 0:56:06.789
Macs are more expensive, though,

0:56:06.809 --> 0:56:08.369
if you're a business that's just, like,

0:56:08.469 --> 0:56:10.090
really fucking on it about

0:56:10.190 --> 0:56:11.030
never spending money.

0:56:12.110 --> 0:56:13.251
Much cheaper to bulk buy

0:56:13.271 --> 0:56:14.833
shit compacts or whatever.

0:56:14.853 --> 0:56:18.954
Or HPs.

0:56:19.014 --> 0:56:19.215
Actually,

0:56:19.355 --> 0:56:20.795
HPs are what businesses always

0:56:20.815 --> 0:56:21.697
seem to give you, aren't they?

0:56:23.818 --> 0:56:24.077
Hey?

0:56:24.797 --> 0:56:25.539
HP laptops.

0:56:26.599 --> 0:56:27.340
Oh yeah.

0:56:27.599 --> 0:56:27.880
Dell.

0:56:28.340 --> 0:56:30.242
I think you gotta say Dell, Dell for me.

0:56:30.302 --> 0:56:31.262
Shit tier Dells.

0:56:31.682 --> 0:56:32.344
They're everywhere.

0:56:33.965 --> 0:56:34.224
Yeah.

0:56:34.264 --> 0:56:36.166
Just kind of thinking back to my, my,

0:56:36.387 --> 0:56:38.188
my other half's various

0:56:38.228 --> 0:56:39.289
work laptops from the last

0:56:39.329 --> 0:56:39.849
couple of years.

0:56:40.269 --> 0:56:45.693
They've both been HPs and then yeah.

0:56:45.994 --> 0:56:47.576
Or, or like a really shit tier, like,

0:56:47.715 --> 0:56:47.976
like a,

0:56:47.996 --> 0:56:50.358
a maker that has some good laptops,

0:56:50.438 --> 0:56:53.039
like Acer or Asus, but,

0:56:53.119 --> 0:56:55.681
but like shit tier ones, like.

0:56:56.670 --> 0:56:57.590
I noticed, like,

0:56:58.931 --> 0:57:00.313
I saw a friend that works for, like,

0:57:00.393 --> 0:57:00.893
one of these big

0:57:01.034 --> 0:57:01.875
consultancies or things

0:57:01.894 --> 0:57:03.755
like McKinsey or something, and they have,

0:57:03.795 --> 0:57:04.617
like, a ThinkPad.

0:57:04.657 --> 0:57:08.480
And I was like, ah, so the big guys,

0:57:09.420 --> 0:57:11.463
they pay for the good Windows machines.

0:57:11.902 --> 0:57:12.123
And then...

0:57:12.943 --> 0:57:13.684
they were just complaining

0:57:13.704 --> 0:57:14.885
about how fucking slow it was.

0:57:14.905 --> 0:57:16.005
And I was like, Oh, that's interesting.

0:57:16.525 --> 0:57:17.766
Like, and looked at the, you know, the,

0:57:17.806 --> 0:57:19.288
about the equivalent of the about tab,

0:57:19.307 --> 0:57:19.947
I can't remember what it's

0:57:19.967 --> 0:57:20.688
called on windows,

0:57:20.748 --> 0:57:22.389
like to see what the system specs were.

0:57:22.989 --> 0:57:24.309
And it was like, this was like,

0:57:24.690 --> 0:57:25.751
bear in mind a few months ago,

0:57:25.771 --> 0:57:27.072
it had eight gig of Ram.

0:57:27.092 --> 0:57:28.632
And I was like, what?

0:57:28.813 --> 0:57:30.134
That's like probably the lowest,

0:57:30.153 --> 0:57:31.795
the single lowest spec

0:57:31.835 --> 0:57:34.155
think pad you could possibly have bought.

0:57:34.496 --> 0:57:35.336
I think the thing.

0:57:35.356 --> 0:57:36.277
Yeah.

0:57:38.418 --> 0:57:39.478
They're pretty turd since

0:57:39.539 --> 0:57:40.920
they have been Lenovo.

0:57:41.000 --> 0:57:41.239
I think.

0:57:42.929 --> 0:57:44.411
Like, back when they were IBM, they were,

0:57:44.451 --> 0:57:45.150
like, pretty good.

0:57:46.632 --> 0:57:46.911
Oh, wait.

0:57:46.931 --> 0:57:47.172
No, no.

0:57:47.211 --> 0:57:49.612
It was still an IBM.

0:57:50.413 --> 0:57:51.532
I thought they were Lenovo now.

0:57:52.213 --> 0:57:52.773
No, they are.

0:57:53.153 --> 0:57:54.054
I thought ThinkPad got

0:57:54.094 --> 0:57:55.054
bought out by Lenovo.

0:57:55.514 --> 0:57:55.815
They did.

0:57:56.315 --> 0:57:56.916
Yeah.

0:57:57.056 --> 0:57:57.996
I think they did, yeah.

0:57:58.016 --> 0:57:59.016
Yeah, it's all Lenovo.

0:57:59.936 --> 0:58:00.157
Yeah.

0:58:00.536 --> 0:58:01.077
Since when?

0:58:01.097 --> 0:58:02.978
They sold that shit fucking 10 years ago.

0:58:03.498 --> 0:58:04.039
Yeah.

0:58:05.818 --> 0:58:06.139
I don't know.

0:58:06.519 --> 0:58:07.760
It's a long fucking time ago.

0:58:08.619 --> 0:58:08.960
Yeah.

0:58:09.300 --> 0:58:10.300
Still the only thing with

0:58:10.320 --> 0:58:11.041
the little nipple.

0:58:11.402 --> 0:58:11.922
The fucking...

0:58:14.112 --> 0:58:14.893
That's funny.

0:58:14.914 --> 0:58:20.378
2005 Lenovo purchased that.

0:58:20.478 --> 0:58:22.358
Mine's pretty good.

0:58:22.378 --> 0:58:22.659
The one I had,

0:58:22.679 --> 0:58:24.000
which is... The hardware quality is fine.

0:58:24.039 --> 0:58:25.420
Why are we talking about fucking PCs?

0:58:25.440 --> 0:58:26.262
Ben Davis chimes in with Lenovo.

0:58:26.342 --> 0:58:27.021
Very helpful.

0:58:27.041 --> 0:58:27.483
Thanks, man.

0:58:27.523 --> 0:58:27.782
Cheers.

0:58:27.802 --> 0:58:27.983
Cheers.

0:58:43.702 --> 0:58:45.443
Was there like the fray?

0:58:45.505 --> 0:58:46.324
I'm surprised you haven't

0:58:46.344 --> 0:58:47.967
been pushing news more.

0:58:48.007 --> 0:58:51.228
There's literally like 20 line items.

0:58:51.509 --> 0:58:51.829
Should we?

0:58:52.289 --> 0:58:53.871
So, okay.

0:58:54.351 --> 0:58:55.012
Here's a good one.

0:58:56.353 --> 0:58:57.313
In 2023,

0:58:57.313 --> 0:59:00.916
hack related losses reportedly down 54%.

0:59:00.916 --> 0:59:05.521
But is that just because the,

0:59:06.101 --> 0:59:08.143
so that was in dollar value.

0:59:08.262 --> 0:59:09.244
So was that just because

0:59:09.344 --> 0:59:10.605
nothing was worth anything?

0:59:15.842 --> 0:59:18.083
You know, I bet it's a certain level of,

0:59:18.123 --> 0:59:20.224
like, during the winter,

0:59:20.264 --> 0:59:21.525
there's fewer users, right?

0:59:21.565 --> 0:59:23.666
So fewer hacks potentially can happen.

0:59:23.686 --> 0:59:26.088
I bet all things being equal,

0:59:26.407 --> 0:59:27.407
just the fewer users would

0:59:27.427 --> 0:59:28.608
have created that reduction.

0:59:30.389 --> 0:59:30.969
Call me a cynic,

0:59:31.329 --> 0:59:33.150
but I bet there isn't really, like,

0:59:34.911 --> 0:59:36.693
people can't brag about

0:59:36.713 --> 0:59:37.873
there being fewer hacks, right?

0:59:37.913 --> 0:59:38.652
It's probably just there are

0:59:38.672 --> 0:59:39.733
fewer people to be scammed.

0:59:40.509 --> 0:59:40.768
Yeah.

0:59:40.789 --> 0:59:41.190
So I think,

0:59:41.329 --> 0:59:42.329
I think the analysis on this

0:59:42.431 --> 0:59:44.291
one is exactly what you just said,

0:59:44.351 --> 0:59:45.072
which is that there are

0:59:45.193 --> 0:59:46.353
fewer people using

0:59:46.434 --> 0:59:48.195
complicated defy products

0:59:49.275 --> 0:59:50.697
where you're like, oh yeah.

0:59:50.717 --> 0:59:51.277
When you think about the

0:59:51.317 --> 0:59:53.818
amount of rugging that goes on in defy,

0:59:54.739 --> 0:59:56.981
like both from the project, uh,

0:59:57.141 --> 0:59:58.563
authors I'm from, I suppose, like,

0:59:58.583 --> 0:59:58.822
you know,

0:59:59.143 --> 1:00:00.485
passing cyber criminals and

1:00:00.525 --> 1:00:01.144
script kiddies.

1:00:02.306 --> 1:00:04.248
Um, yeah, there you go.

1:00:04.367 --> 1:00:05.268
There's another news piece.

1:00:05.849 --> 1:00:06.048
No.

1:00:06.068 --> 1:00:07.170
Are you happy?

1:00:08.610 --> 1:00:09.592
Are you entertained?

1:00:10.485 --> 1:00:11.306
I didn't even hear it.

1:00:12.286 --> 1:00:13.628
I was typing there.

1:00:13.648 --> 1:00:14.927
Because you weren't listening.

1:00:19.391 --> 1:00:20.590
Organizing the stopover.

1:00:23.052 --> 1:00:24.032
Which one was it?

1:00:24.614 --> 1:00:26.014
To quit the social network.

1:00:26.295 --> 1:00:28.115
Do I have your full attention now?

1:00:29.456 --> 1:00:30.297
Yeah, I'm listening now.

1:00:31.257 --> 1:00:32.518
Do you think I deserve your

1:00:32.557 --> 1:00:33.257
full attention?

1:00:35.840 --> 1:00:36.199
I start now.

1:00:39.481 --> 1:00:41.702
But really, so this was in 2023, right?

1:00:42.083 --> 1:00:42.362
So,

1:00:43.023 --> 1:00:44.842
and all token prices were down probably

1:00:44.963 --> 1:00:45.443
by that amount.

1:00:46.083 --> 1:00:47.003
Was it the number of people

1:00:47.043 --> 1:00:48.463
that were scammed or was it

1:00:48.483 --> 1:00:50.684
just pure value that was lost?

1:00:50.885 --> 1:00:51.425
Pure value.

1:00:51.465 --> 1:00:52.144
I think it was.

1:00:53.304 --> 1:00:54.545
So here's the bit about the

1:00:54.626 --> 1:00:55.786
article I didn't read by.

1:00:55.826 --> 1:00:58.586
They said only $1.7 billion

1:00:58.646 --> 1:01:00.746
was lost in 2023.

1:01:00.746 --> 1:01:02.306
And I was like, like, fuck,

1:01:02.367 --> 1:01:03.527
it was that small a number.

1:01:04.307 --> 1:01:05.208
That does seem a little bit low.

1:01:06.387 --> 1:01:08.568
Sounds like a made up number.

1:01:10.128 --> 1:01:11.369
yeah it sounds a bit low I

1:01:11.389 --> 1:01:14.833
agreed have you guys been

1:01:14.893 --> 1:01:16.193
tracking just the massive

1:01:16.233 --> 1:01:17.735
amount of layoffs in tech

1:01:17.775 --> 1:01:18.856
in the last like quarter

1:01:18.876 --> 1:01:22.739
huge uh yes like a lot of

1:01:22.759 --> 1:01:23.739
my friends are in tech so

1:01:23.759 --> 1:01:25.099
they're like I'm not really

1:01:25.139 --> 1:01:25.800
happy with where I'm at

1:01:25.840 --> 1:01:26.922
right now but also I have a

1:01:27.001 --> 1:01:28.983
job so I'm just gonna like

1:01:29.182 --> 1:01:31.085
put my head down and act like I love it

1:01:33.706 --> 1:01:36.748
and the contractor market

1:01:36.768 --> 1:01:38.050
has gotten super weird as

1:01:38.090 --> 1:01:39.429
well really really quickly

1:01:40.030 --> 1:01:42.833
really um yep because it it

1:01:43.052 --> 1:01:45.153
it's like relies on there

1:01:45.173 --> 1:01:46.494
being a lot of projects and

1:01:46.514 --> 1:01:47.574
a lot of investment going

1:01:47.635 --> 1:01:49.175
on and so there's there's

1:01:49.215 --> 1:01:50.077
never enough programmers

1:01:50.117 --> 1:01:50.916
right because at a senior

1:01:50.936 --> 1:01:51.657
level there's something

1:01:51.697 --> 1:01:55.900
like five five there were a

1:01:55.920 --> 1:01:57.360
few years ago like five

1:01:57.541 --> 1:01:58.942
permanent jobs for every

1:01:59.021 --> 1:02:00.342
senior developer in the uk

1:02:01.121 --> 1:02:01.922
like their numbers gone down

1:02:01.942 --> 1:02:02.561
a little bit just with

1:02:02.581 --> 1:02:03.702
people coming through the workforce,

1:02:03.762 --> 1:02:05.385
but it's still the case that like,

1:02:05.425 --> 1:02:08.347
if you're at that level of seniority,

1:02:08.887 --> 1:02:11.110
it's, it's just completely your,

1:02:11.630 --> 1:02:12.331
your market.

1:02:12.931 --> 1:02:13.612
As long as people are

1:02:13.632 --> 1:02:15.914
bringing on more projects

1:02:15.954 --> 1:02:17.735
than they have incumbent staff.

1:02:17.934 --> 1:02:18.576
And that is,

1:02:18.876 --> 1:02:20.257
that has just like investment

1:02:20.277 --> 1:02:21.878
has completely dried up in

1:02:21.918 --> 1:02:24.740
the last six months.

1:02:24.780 --> 1:02:26.523
I would say like a lot of,

1:02:28.177 --> 1:02:29.117
one of the one of the

1:02:29.237 --> 1:02:30.358
reasons though I guess it

1:02:30.458 --> 1:02:32.400
hasn't affected so much um

1:02:32.739 --> 1:02:33.880
the stuff that I've ended

1:02:33.920 --> 1:02:34.719
up doing is that I don't

1:02:34.800 --> 1:02:37.260
really do uh you know

1:02:37.541 --> 1:02:39.501
programming um as a

1:02:39.541 --> 1:02:41.623
contractor anymore so much

1:02:41.702 --> 1:02:45.824
as like strategy or um yeah

1:02:45.844 --> 1:02:46.344
I guess it's kind of

1:02:46.364 --> 1:02:47.664
strategy it's like higher

1:02:47.684 --> 1:02:49.346
level like ctoe type

1:02:50.208 --> 1:02:51.407
stuff and like obviously

1:02:51.427 --> 1:02:52.447
people are people are

1:02:52.548 --> 1:02:54.409
merging and simplifying and

1:02:54.449 --> 1:02:56.509
trying to fix like why are

1:02:56.528 --> 1:02:57.590
we spending this much money

1:02:57.630 --> 1:02:58.690
and it turns out like that

1:02:59.090 --> 1:03:00.489
that type of consulting is

1:03:00.510 --> 1:03:02.550
a little bit less affected

1:03:02.791 --> 1:03:04.610
because a lot of the

1:03:04.690 --> 1:03:05.550
answers like fix your

1:03:05.570 --> 1:03:06.771
process and get rid of a

1:03:06.811 --> 1:03:08.472
couple of really expensive

1:03:08.492 --> 1:03:09.492
middle managers who are

1:03:09.532 --> 1:03:12.452
like not qualified um

1:03:14.070 --> 1:03:14.911
but a lot of the project

1:03:14.931 --> 1:03:17.052
stuff just seems to have like evaporated,

1:03:17.132 --> 1:03:17.693
like really.

1:03:18.034 --> 1:03:18.193
And,

1:03:19.275 --> 1:03:20.536
and it makes sense if there's like

1:03:20.556 --> 1:03:22.496
people being fired at the, the,

1:03:22.516 --> 1:03:23.197
actually the other

1:03:23.217 --> 1:03:23.998
interesting thing is I've

1:03:24.057 --> 1:03:24.858
started to notice people

1:03:24.898 --> 1:03:26.159
talking about outsourcing again.

1:03:26.179 --> 1:03:26.559
I was like,

1:03:26.599 --> 1:03:28.001
I thought we agreed 10 years ago,

1:03:28.041 --> 1:03:29.121
this shit didn't work.

1:03:29.661 --> 1:03:30.202
Like all of,

1:03:30.742 --> 1:03:31.402
all the stuff that was

1:03:31.443 --> 1:03:32.443
produced was rubbish.

1:03:32.483 --> 1:03:33.704
So we stopped outsourcing.

1:03:34.644 --> 1:03:35.525
Yeah, man, but it's cheap.

1:03:36.586 --> 1:03:37.447
We, yeah.

1:03:37.467 --> 1:03:38.007
I mean,

1:03:38.027 --> 1:03:40.148
it's almost like history repeats itself.

1:03:40.208 --> 1:03:40.449
Right.

1:03:41.190 --> 1:03:41.269
Um,

1:03:42.161 --> 1:03:42.762
So all we've got to do is

1:03:42.822 --> 1:03:43.722
wait for a couple of years

1:03:43.742 --> 1:03:45.182
and then go around all

1:03:45.222 --> 1:03:47.143
these companies being like, hi,

1:03:47.244 --> 1:03:49.344
I'd like 2,000 pounds a day, please,

1:03:49.403 --> 1:03:50.625
to tell you that your

1:03:50.684 --> 1:03:52.085
outsourcing is bad and you

1:03:52.105 --> 1:03:53.244
should not do it anymore.

1:03:53.706 --> 1:03:54.686
Here's my rate card.

1:03:56.146 --> 1:03:57.806
Yeah, man.

1:03:58.987 --> 1:04:00.307
People need an MVP with a

1:04:00.347 --> 1:04:01.648
terrible fucking code base

1:04:01.688 --> 1:04:03.768
to fix for the next decade.

1:04:04.909 --> 1:04:05.048
Yeah,

1:04:05.068 --> 1:04:06.570
but you don't do that by outsourcing.

1:04:06.670 --> 1:04:07.170
MVP,

1:04:07.289 --> 1:04:09.130
you do that with two actually good

1:04:09.190 --> 1:04:10.931
programmers in a

1:04:11.740 --> 1:04:11.860
No,

1:04:11.880 --> 1:04:14.304
they need to be bad to produce work for

1:04:14.324 --> 1:04:15.025
the next decade.

1:04:16.646 --> 1:04:18.809
You need a terrible code

1:04:18.849 --> 1:04:20.532
base to work on for the next decade.

1:04:20.931 --> 1:04:21.072
No,

1:04:21.132 --> 1:04:23.355
an MVP will take a decade if you give

1:04:23.394 --> 1:04:24.697
it to bad programmers.

1:04:26.925 --> 1:04:28.367
That was basically one of my

1:04:28.748 --> 1:04:30.771
coworkers entire job at Esri.

1:04:31.393 --> 1:04:33.556
So there was a recurring

1:04:33.597 --> 1:04:35.579
contract at Esri where they

1:04:36.400 --> 1:04:39.445
would like order a feature from Russia.

1:04:40.266 --> 1:04:41.469
Russia's relevant from another country.

1:04:42.409 --> 1:04:43.750
They would implement the

1:04:43.769 --> 1:04:44.891
feature and it didn't work.

1:04:44.971 --> 1:04:46.612
And so then my buddy had to

1:04:46.652 --> 1:04:47.592
come in and fix it.

1:04:47.853 --> 1:04:48.793
And it happened like six

1:04:48.813 --> 1:04:49.474
times over the course of

1:04:49.514 --> 1:04:50.215
two years where they would

1:04:50.255 --> 1:04:51.635
actually hire the contractors to do it.

1:04:51.655 --> 1:04:52.717
Contractors couldn't do it.

1:04:52.936 --> 1:04:54.057
And then he would have to come fix it.

1:04:54.137 --> 1:04:55.278
It was glorious.

1:04:55.318 --> 1:04:56.418
So he had a job because they

1:04:56.438 --> 1:04:57.260
couldn't do their job

1:04:57.300 --> 1:04:58.181
rather than just hiring him

1:04:58.201 --> 1:04:58.880
to do the job.

1:05:00.282 --> 1:05:01.103
And kept doing it.

1:05:03.103 --> 1:05:03.644
Kept doing it.

1:05:03.684 --> 1:05:04.644
They just kept going for it.

1:05:04.684 --> 1:05:05.226
It was wild.

1:05:06.889 --> 1:05:09.596
Was the original job like an

1:05:09.695 --> 1:05:11.039
open tender situation or

1:05:11.059 --> 1:05:12.242
was it just like they just

1:05:12.282 --> 1:05:13.085
kept giving it to these

1:05:13.144 --> 1:05:14.206
other people and then like...

1:05:16.777 --> 1:05:18.259
so I think what it was I

1:05:18.278 --> 1:05:19.000
think there was another

1:05:19.039 --> 1:05:20.420
mapping company in russia

1:05:20.561 --> 1:05:22.061
and so they needed to give

1:05:22.081 --> 1:05:23.884
them work because they were

1:05:23.923 --> 1:05:24.985
like bought out or whatever

1:05:25.806 --> 1:05:26.626
and so then they would do

1:05:26.666 --> 1:05:27.586
that and then someone else

1:05:27.606 --> 1:05:28.228
would actually have to come

1:05:28.268 --> 1:05:29.068
and actually do the work

1:05:29.708 --> 1:05:30.568
but it created this

1:05:31.289 --> 1:05:33.391
hilarious disgusting

1:05:33.552 --> 1:05:35.012
bureaucratic nonsense

1:05:35.052 --> 1:05:36.273
system and what was really

1:05:36.534 --> 1:05:37.956
ridiculous about it too was that

1:05:39.007 --> 1:05:41.530
Jack Dangermond micromanages,

1:05:41.769 --> 1:05:42.769
that's the owner of Azure,

1:05:42.789 --> 1:05:44.431
micromanages every single purchase.

1:05:44.831 --> 1:05:45.831
My office wanted to purchase

1:05:46.072 --> 1:05:47.233
literally a $20 like

1:05:47.273 --> 1:05:49.474
network switch so we could share internet,

1:05:49.474 --> 1:05:49.974
$20.

1:05:49.974 --> 1:05:51.514
And he had to sign off on it personally.

1:05:51.876 --> 1:05:53.476
So like putting a million

1:05:53.516 --> 1:05:55.498
dollars towards developers plus in Russia,

1:05:55.657 --> 1:05:56.717
totally fine, don't care.

1:05:56.717 --> 1:05:59.360
$20 switch so that we can

1:05:59.400 --> 1:06:00.561
have lined internet rather

1:06:00.601 --> 1:06:01.702
than crappy wireless that

1:06:01.742 --> 1:06:02.521
only comes from the other

1:06:02.541 --> 1:06:03.103
side of the building?

1:06:03.682 --> 1:06:04.324
Absolutely not.

1:06:04.443 --> 1:06:05.704
Asking way too much.

1:06:06.505 --> 1:06:07.606
We had to write

1:06:07.826 --> 1:06:09.726
documentation around why it was important,

1:06:09.766 --> 1:06:10.987
what we were going to use it for.

1:06:11.509 --> 1:06:12.449
And so there was like 10 man

1:06:12.469 --> 1:06:13.050
hours that went into

1:06:13.130 --> 1:06:14.210
actually developing something,

1:06:14.250 --> 1:06:16.612
and then we were denied for a $20 switch.

1:06:16.931 --> 1:06:18.152
So naturally, one of us just bought it.

1:06:18.253 --> 1:06:18.492
I mean,

1:06:18.512 --> 1:06:22.175
that does not seem entirely out of

1:06:22.215 --> 1:06:23.277
the ordinary for a business.

1:06:23.297 --> 1:06:23.577
It doesn't.

1:06:24.572 --> 1:06:26.393
That sounds like every big company.

1:06:26.614 --> 1:06:27.313
It does, yeah.

1:06:28.355 --> 1:06:29.916
It's just all the office space,

1:06:29.976 --> 1:06:32.056
like dead on the nose type stuff.

1:06:32.858 --> 1:06:35.039
But I brought the stapler from home.

1:06:35.739 --> 1:06:37.420
You can't take the stapler off me.

1:06:37.440 --> 1:06:39.842
Yeah, totally.

1:06:41.903 --> 1:06:43.244
And we have a Juno upgrade tonight, right?

1:06:43.304 --> 1:06:43.925
Not the Switchgears?

1:06:45.065 --> 1:06:46.086
Is there like some fucking...

1:06:47.588 --> 1:06:51.050
I think it's like 2 a.m.

1:06:51.351 --> 1:06:53.192
my time, which is not looking good.

1:06:53.211 --> 1:06:54.132
Yeah, that sounds right.

1:06:54.193 --> 1:06:56.193
It might be good my time.

1:06:56.213 --> 1:06:57.594
I know the one last night

1:06:57.614 --> 1:06:58.496
was for the testnet.

1:06:58.615 --> 1:06:59.896
I just unbonded.

1:07:01.036 --> 1:07:02.057
You did?

1:07:02.498 --> 1:07:02.777
I did.

1:07:02.797 --> 1:07:06.900
They wrote it in the chat.

1:07:06.920 --> 1:07:07.161
I'm like,

1:07:07.340 --> 1:07:09.563
I'm unbonding for the upgrade

1:07:09.663 --> 1:07:11.204
because I'm not getting up at 3 a.m.

1:07:11.264 --> 1:07:11.945
for a testnet.

1:07:13.005 --> 1:07:14.166
I missed it by like four hours.

1:07:16.206 --> 1:07:16.447
Literally.

1:07:17.518 --> 1:07:18.579
was down I knew it was

1:07:18.619 --> 1:07:19.338
happening but I was like

1:07:19.398 --> 1:07:20.440
I'm not even I'm not even

1:07:20.659 --> 1:07:21.860
I'm only medium vote there

1:07:21.880 --> 1:07:23.702
as well I did stop my node

1:07:24.121 --> 1:07:26.284
restart it with the like

1:07:26.324 --> 1:07:27.764
just restarted it in screen

1:07:27.804 --> 1:07:28.764
with the hold height so it

1:07:28.804 --> 1:07:29.585
would just drop at that

1:07:29.646 --> 1:07:30.827
height so I could upgrade

1:07:30.867 --> 1:07:33.568
it later yeah yeah I think

1:07:33.588 --> 1:07:34.829
it's I think it's um

1:07:35.650 --> 1:07:38.692
somebody was saying 1 30

1:07:38.692 --> 1:07:42.675
a.m eastern so whatever

1:07:42.695 --> 1:07:44.034
that is like five or six

1:07:44.076 --> 1:07:46.177
a.m eight utc something yeah

1:07:47.775 --> 1:07:48.876
Yeah, which is... Yeah,

1:07:48.936 --> 1:07:50.237
I'm not getting up early for that.

1:07:51.878 --> 1:07:54.119
It was another... What time UTC?

1:07:55.679 --> 1:07:56.719
I'm not exactly sure,

1:07:56.840 --> 1:07:58.760
but it's probably... Well,

1:07:58.780 --> 1:07:59.221
I would assume it's

1:07:59.240 --> 1:08:00.601
probably like 5.30 UTC.

1:08:01.101 --> 1:08:03.882
So it can't be automatically staged,

1:08:03.963 --> 1:08:04.402
I'm guessing,

1:08:04.422 --> 1:08:05.824
because it's just a fuckaroo?

1:08:05.844 --> 1:08:07.123
No, it's a whole night.

1:08:08.005 --> 1:08:09.666
Yeah, it's a whole night.

1:08:09.686 --> 1:08:09.746
5.30 p.m.

1:08:09.766 --> 1:08:10.445
or a.m.?

1:08:10.465 --> 1:08:10.525
A.m.

1:08:12.306 --> 1:08:13.827
Okay, it's probably not so bad for me.

1:08:14.168 --> 1:08:15.389
So this is obviously

1:08:15.409 --> 1:08:16.890
related... Like in seven hours from now,

1:08:17.030 --> 1:08:17.650
eight hours from now,

1:08:17.671 --> 1:08:18.112
something like that.

1:08:18.131 --> 1:08:20.654
This is related to Rama's news item.

1:08:20.873 --> 1:08:21.594
Yeah, why don't you read that?

1:08:22.354 --> 1:08:23.836
Juno suffers the same fate

1:08:23.876 --> 1:08:25.578
as Prop 16 when attempting

1:08:25.637 --> 1:08:27.998
to Prop 16 the Core 1 vesting account,

1:08:28.600 --> 1:08:29.501
missing a number,

1:08:29.921 --> 1:08:30.600
meaning that the

1:08:30.641 --> 1:08:32.182
transferred amount was a

1:08:32.243 --> 1:08:33.484
tenth of the correct amount.

1:08:34.003 --> 1:08:34.505
Additionally,

1:08:34.585 --> 1:08:35.985
the entire train's smart

1:08:36.025 --> 1:08:37.146
contracts are currently not

1:08:37.207 --> 1:08:38.707
functioning after the upgrade.

1:08:40.560 --> 1:08:41.600
So that would be why your

1:08:41.640 --> 1:08:43.240
Dow Dow wasn't working earlier now.

1:08:44.261 --> 1:08:44.881
Oh, right.

1:08:45.521 --> 1:08:47.322
Yeah, for context there, Rama,

1:08:47.341 --> 1:08:48.483
I tried to pay you today,

1:08:48.542 --> 1:08:50.462
but it's shit not working.

1:08:51.144 --> 1:08:53.623
Blame it all on Juno.

1:08:53.744 --> 1:08:55.925
I like that plan.

1:08:58.605 --> 1:08:59.006
Yeah, well,

1:08:59.025 --> 1:09:01.027
I guess that is calls for an

1:09:01.247 --> 1:09:02.226
immediate upgrade.

1:09:02.807 --> 1:09:04.408
Do you know what the contract issue was?

1:09:06.189 --> 1:09:07.748
Or why that was filmed?

1:09:08.369 --> 1:09:09.649
Did you hear anything about that, Frank?

1:09:10.235 --> 1:09:13.618
Presumably invariance effect or something.

1:09:13.637 --> 1:09:14.097
I don't know.

1:09:14.118 --> 1:09:15.578
I haven't followed it.

1:09:15.639 --> 1:09:18.460
Do you think that Dao Dao

1:09:18.479 --> 1:09:19.699
being open sourced was kind

1:09:19.720 --> 1:09:21.041
of like the final nail in

1:09:21.060 --> 1:09:22.021
the coffin of Juno?

1:09:22.502 --> 1:09:24.962
Because I'm in several Dao Daos,

1:09:26.503 --> 1:09:28.744
but I'm like Osmosis,

1:09:28.944 --> 1:09:30.626
and I think there's one on Archway,

1:09:30.746 --> 1:09:31.605
and I think Terra.

1:09:32.405 --> 1:09:34.106
Whereas they would all be on Juno, right?

1:09:34.146 --> 1:09:34.606
Otherwise.

1:09:35.028 --> 1:09:35.427
So I'm...

1:09:37.608 --> 1:09:37.948
I don't know.

1:09:38.068 --> 1:09:39.469
I feel like, I feel like that was the home,

1:09:39.628 --> 1:09:40.488
the home of Dow Dow.

1:09:40.529 --> 1:09:40.930
And I feel,

1:09:41.010 --> 1:09:43.831
I feel a little sad that it's gone away.

1:09:44.671 --> 1:09:45.912
So when I was talking to Jake,

1:09:45.971 --> 1:09:46.832
like ages ago,

1:09:46.932 --> 1:09:49.974
he said that basically like

1:09:50.113 --> 1:09:51.395
other networks will be sort

1:09:51.435 --> 1:09:54.256
of outposts of Dow Dow, but the main,

1:09:54.676 --> 1:09:55.095
like all the,

1:09:55.377 --> 1:09:56.537
all the new features will be

1:09:56.617 --> 1:09:58.118
on Juno first.

1:09:58.257 --> 1:10:00.958
I'm not sure like if that

1:10:02.180 --> 1:10:04.140
went ahead like that or if it's changed,

1:10:04.201 --> 1:10:05.721
but that was a fair while ago now.

1:10:05.742 --> 1:10:06.341
Hmm.

1:10:10.837 --> 1:10:11.377
Uh, yeah.

1:10:11.538 --> 1:10:11.679
Yeah.

1:10:11.698 --> 1:10:13.159
I mean, but if, but, but was that,

1:10:13.180 --> 1:10:14.140
what does that actually mean?

1:10:18.542 --> 1:10:19.722
Nothing ultimately, right?

1:10:20.083 --> 1:10:20.423
Exactly.

1:10:20.463 --> 1:10:20.644
Yeah.

1:10:21.824 --> 1:10:22.505
Um, yeah.

1:10:22.545 --> 1:10:25.046
So, I mean, basically Juno paid for Dada,

1:10:25.067 --> 1:10:28.729
Dada, rug Juno, but I mean, to be clear,

1:10:28.769 --> 1:10:30.109
like, I think it's the right thing for,

1:10:30.449 --> 1:10:31.010
it's the right thing for

1:10:31.050 --> 1:10:33.912
Dada's development, like as a project.

1:10:35.132 --> 1:10:36.774
Juno still does own a fair

1:10:36.833 --> 1:10:39.114
bit of Dada token though.

1:10:39.747 --> 1:10:39.966
Well, no,

1:10:39.987 --> 1:10:41.306
it doesn't because Dowda said

1:10:41.327 --> 1:10:42.427
they weren't going to pay them,

1:10:42.467 --> 1:10:43.667
didn't it?

1:10:43.787 --> 1:10:45.208
No, they stopped the vesting.

1:10:45.269 --> 1:10:46.588
So there's a fair bit

1:10:46.628 --> 1:10:49.149
already vested into the community pool.

1:10:49.989 --> 1:10:50.270
Ah, gotcha.

1:10:51.050 --> 1:10:52.530
I think Juno is the biggest

1:10:52.570 --> 1:10:55.351
single holder of Dowda tokens.

1:10:58.212 --> 1:10:59.033
So nothing is able to read

1:10:59.092 --> 1:11:00.313
any contracts until it's fixed.

1:11:01.092 --> 1:11:01.412
Yeesh.

1:11:02.314 --> 1:11:03.573
No, fixed in seven hours.

1:11:05.306 --> 1:11:06.408
So seven hours till we put

1:11:06.448 --> 1:11:08.748
up the prop to pay the news

1:11:08.809 --> 1:11:10.329
researcher and then another

1:11:10.329 --> 1:11:11.831
20 days until we like...

1:11:12.970 --> 1:11:13.992
What are people going to do

1:11:14.091 --> 1:11:15.552
while they can't use Gelato?

1:11:19.314 --> 1:11:20.274
Where am I going to gamble?

1:11:21.275 --> 1:11:22.636
Where are they going to gamble?

1:11:22.976 --> 1:11:26.038
I mean, only in a betting shop, a casino,

1:11:26.599 --> 1:11:28.920
online gambling, online poker.

1:11:29.980 --> 1:11:30.701
DraftKings.

1:11:31.481 --> 1:11:32.402
My code below.

1:11:32.421 --> 1:11:33.703
Okay.

1:11:35.574 --> 1:11:36.315
Sponsor section.

1:11:36.336 --> 1:11:38.377
Thanks for today's sponsor.

1:11:38.957 --> 1:11:39.177
Yeah.

1:11:40.179 --> 1:11:40.698
Recently,

1:11:40.759 --> 1:11:42.921
my YouTube algorithm has been

1:11:42.980 --> 1:11:45.922
throwing me lots of old-ass

1:11:46.564 --> 1:11:53.529
CNBC investigative episodes,

1:11:53.588 --> 1:11:54.510
I guess you would call them,

1:11:55.210 --> 1:11:59.432
of basically Bitcoin hacks

1:11:59.673 --> 1:12:00.533
back in the day where

1:12:00.573 --> 1:12:02.136
people are sitting on billions of

1:12:02.881 --> 1:12:04.822
Bitcoin and then get busted

1:12:04.862 --> 1:12:06.341
when trying to launder it.

1:12:08.283 --> 1:12:09.724
So I think one was like the

1:12:10.144 --> 1:12:12.484
Silk Road hack that

1:12:12.524 --> 1:12:17.466
happened when it happened.

1:12:17.726 --> 1:12:19.887
And the old mate was just

1:12:19.967 --> 1:12:21.188
sitting on all this Silk

1:12:21.247 --> 1:12:23.930
Road Bitcoin and then

1:12:24.510 --> 1:12:25.770
invited the cops into his

1:12:25.810 --> 1:12:27.070
house to look at his laptop

1:12:27.110 --> 1:12:29.192
for something unrelated but related.

1:12:30.449 --> 1:12:31.730
And then they just like

1:12:32.332 --> 1:12:33.252
coaxed him outside.

1:12:33.273 --> 1:12:34.234
They're like, it's like, hey,

1:12:34.274 --> 1:12:35.475
come look at this sunset.

1:12:36.716 --> 1:12:39.920
When he's unlocked and then

1:12:39.979 --> 1:12:41.962
just like raided him when

1:12:41.981 --> 1:12:42.862
they got him outside.

1:12:42.882 --> 1:12:44.363
It's pretty hilarious.

1:12:48.568 --> 1:12:48.787
Yeah.

1:12:49.088 --> 1:12:50.350
Someone like robbed him of

1:12:50.510 --> 1:12:53.592
like a few hundred thousand in, you know,

1:12:53.653 --> 1:12:54.054
crypto money.

1:12:54.988 --> 1:12:56.770
And then the subsequent

1:12:56.810 --> 1:12:58.951
investigation got him busted of, you know,

1:12:58.990 --> 1:13:00.792
like $3 billion in crypto.

1:13:00.853 --> 1:13:02.894
And there's like another one.

1:13:02.934 --> 1:13:03.953
I think it was an exchange

1:13:04.014 --> 1:13:04.595
that got hacked.

1:13:04.654 --> 1:13:07.657
Maybe one of the early exchanges.

1:13:09.177 --> 1:13:09.757
Oh, was that the Mt.

1:13:09.797 --> 1:13:10.257
Gox one?

1:13:11.979 --> 1:13:13.279
I'm not sure if it was.

1:13:13.300 --> 1:13:13.460
Mt.

1:13:13.479 --> 1:13:14.421
Gox would be the big one.

1:13:14.860 --> 1:13:15.841
So in the news,

1:13:15.942 --> 1:13:17.662
we've also got a couple of

1:13:18.483 --> 1:13:19.604
seizures of Bitcoin.

1:13:21.135 --> 1:13:21.494
Oh, yeah.

1:13:21.654 --> 1:13:22.176
Ultimately,

1:13:22.216 --> 1:13:23.636
the US government ends up with

1:13:23.655 --> 1:13:24.917
it all and then options it.

1:13:25.277 --> 1:13:26.677
So last year,

1:13:28.518 --> 1:13:30.819
German police seized 2.1 billion.

1:13:30.878 --> 1:13:32.300
I think these were in one case,

1:13:32.920 --> 1:13:34.301
like literally one or two cases,

1:13:34.381 --> 1:13:35.461
like specifically.

1:13:37.282 --> 1:13:39.903
So the German police seized

1:13:39.903 --> 1:13:40.804
2.1 billion dollars of

1:13:40.823 --> 1:13:43.524
Bitcoin and the UK police

1:13:43.604 --> 1:13:45.145
seized 1.8 billion.

1:13:46.126 --> 1:13:47.186
But I think they were both...

1:13:48.046 --> 1:13:49.448
cases where people had like

1:13:49.488 --> 1:13:51.229
a big ponzi scheme and then

1:13:51.270 --> 1:13:52.091
they money laundered it

1:13:52.131 --> 1:13:53.032
into bitcoin and then the

1:13:53.072 --> 1:13:54.172
value of bitcoin had gone

1:13:54.252 --> 1:13:55.793
up which is why the numbers

1:13:55.833 --> 1:13:57.555
are so big uh and they were

1:13:57.576 --> 1:13:59.037
like ah it's anonymous it's

1:13:59.497 --> 1:14:00.859
nothing can get me and then

1:14:00.899 --> 1:14:02.300
like obviously the police

1:14:02.380 --> 1:14:03.921
get you and they sit you in

1:14:03.961 --> 1:14:05.762
a cell and they go okay so

1:14:06.323 --> 1:14:07.043
you can go to prison for

1:14:07.083 --> 1:14:08.706
the rest of your life or

1:14:09.386 --> 1:14:11.127
you can hand over your private key

1:14:13.498 --> 1:14:14.699
And it turns out that

1:14:14.739 --> 1:14:16.480
cryptography can't save you,

1:14:17.041 --> 1:14:19.222
especially in, I think, the UK case.

1:14:19.703 --> 1:14:20.463
It was literally some

1:14:20.503 --> 1:14:22.925
criminal who basically just

1:14:23.206 --> 1:14:24.605
defrauded old ladies or whatever.

1:14:24.626 --> 1:14:26.067
And then they got somebody

1:14:26.167 --> 1:14:27.488
else to launder the money for them.

1:14:27.507 --> 1:14:29.128
So they didn't even hold the private keys.

1:14:29.170 --> 1:14:30.350
And the other person got got.

1:14:30.470 --> 1:14:32.231
The main person was on the run.

1:14:32.971 --> 1:14:33.252
But, you know,

1:14:33.292 --> 1:14:34.092
all the Bitcoin's gone

1:14:34.132 --> 1:14:34.733
because they had the

1:14:34.792 --> 1:14:36.434
private keys and the police are like,

1:14:36.474 --> 1:14:36.634
well,

1:14:37.314 --> 1:14:38.335
you can be an accomplice and we'll

1:14:38.354 --> 1:14:39.996
put you to prison for like a year.

1:14:40.515 --> 1:14:41.235
Or you can go to prison for

1:14:41.256 --> 1:14:41.917
the rest of your life.

1:14:41.976 --> 1:14:44.797
Like you can do 20 years plus.

1:14:45.798 --> 1:14:46.458
And they're just like, yeah,

1:14:46.479 --> 1:14:47.039
I can have the money.

1:14:47.079 --> 1:14:48.199
It's not fucking mine anyway.

1:14:50.862 --> 1:14:51.742
I feel like you'd be able to

1:14:51.822 --> 1:14:53.203
buy your way out in some

1:14:53.262 --> 1:14:54.524
fashion with like a couple

1:14:54.564 --> 1:14:55.163
of billion dollars.

1:14:58.452 --> 1:14:58.612
No,

1:14:58.652 --> 1:15:00.934
the way it works in the UK is you have

1:15:00.953 --> 1:15:02.836
to be money laundering via

1:15:02.895 --> 1:15:03.836
complex financial

1:15:03.895 --> 1:15:05.097
instruments in a major

1:15:05.137 --> 1:15:08.340
investment bank or via

1:15:08.420 --> 1:15:09.662
complicated shell companies

1:15:09.822 --> 1:15:10.762
in a British overseas

1:15:10.802 --> 1:15:13.244
territory and ideally have

1:15:13.265 --> 1:15:14.326
friends in the House of Lords.

1:15:14.445 --> 1:15:16.707
In those cases, you get away with it.

1:15:17.748 --> 1:15:18.689
Yeah, like, you know,

1:15:18.770 --> 1:15:19.970
the news cycle ends and

1:15:20.011 --> 1:15:21.171
people forget about it and

1:15:21.192 --> 1:15:23.533
then you just deploy the cash.

1:15:23.554 --> 1:15:23.634
Yeah.

1:15:25.854 --> 1:15:28.396
launder some more to pay people off.

1:15:29.717 --> 1:15:29.818
Yeah.

1:15:29.837 --> 1:15:30.059
I mean,

1:15:30.139 --> 1:15:32.501
if you're a major bank and you say

1:15:32.942 --> 1:15:34.923
money laundering for Mexican drug cartels,

1:15:34.963 --> 1:15:35.984
that's totally fine.

1:15:37.546 --> 1:15:41.109
But if you're a member of the population,

1:15:41.210 --> 1:15:42.872
you would like privacy to

1:15:42.912 --> 1:15:45.755
spend 50 quid on some

1:15:45.795 --> 1:15:46.956
lingerie or something.

1:15:47.784 --> 1:15:48.826
whatever without your bank

1:15:48.846 --> 1:15:50.087
seeing it and profiling it

1:15:50.108 --> 1:15:51.309
and selling your data to

1:15:51.350 --> 1:15:53.631
you know insurance agents

1:15:53.731 --> 1:15:54.673
and all that kind of stuff

1:15:54.913 --> 1:15:56.175
well then you are obviously

1:15:56.215 --> 1:15:57.856
a criminal for one spend 50

1:15:57.856 --> 1:15:58.939
quid and you're not allowed

1:15:58.958 --> 1:16:00.980
to have any privacy um

1:16:01.180 --> 1:16:02.203
that's how it works that's

1:16:02.222 --> 1:16:04.826
how my anti-money laundering works um

1:16:05.774 --> 1:16:05.814
Oh,

1:16:05.875 --> 1:16:07.216
and if you're a Russian oligarch and

1:16:07.235 --> 1:16:07.896
you just have loads of

1:16:07.936 --> 1:16:09.877
money that you want to launder,

1:16:09.898 --> 1:16:11.219
you just buy property in London.

1:16:11.298 --> 1:16:11.979
That's how it works.

1:16:14.440 --> 1:16:18.363
So very consistent rules,

1:16:19.203 --> 1:16:21.706
very serious about AML in this country.

1:16:22.945 --> 1:16:23.806
To be fair to the Americans,

1:16:23.827 --> 1:16:24.568
you are a little bit more

1:16:24.608 --> 1:16:26.628
consistent about AML as I understand it,

1:16:26.649 --> 1:16:27.529
but it's still a completely

1:16:27.548 --> 1:16:28.189
broken system.

1:16:30.319 --> 1:16:32.820
um but hey whatever man uh

1:16:33.520 --> 1:16:34.860
hey speaking of uh speaking

1:16:34.921 --> 1:16:37.662
of um speaking of

1:16:37.681 --> 1:16:40.002
criminality my favorite

1:16:40.042 --> 1:16:41.042
news piece that I saw so

1:16:42.644 --> 1:16:43.844
apparently last year two

1:16:43.884 --> 1:16:45.125
percent of u.s energy use

1:16:45.145 --> 1:16:46.185
was for crypto mining

1:16:46.305 --> 1:16:48.626
because uh people are

1:16:48.685 --> 1:16:50.145
moving bitcoin mining on

1:16:50.206 --> 1:16:51.667
shore to america as energy

1:16:51.707 --> 1:16:52.667
prices elsewhere go up

1:16:55.662 --> 1:16:57.684
And this one specifically was, I think,

1:16:57.944 --> 1:16:58.265
what was it,

1:16:58.305 --> 1:17:00.185
like elementary school or

1:17:00.286 --> 1:17:01.225
some sort of school district?

1:17:01.747 --> 1:17:03.828
It was a school district superintendent.

1:17:03.988 --> 1:17:04.368
Yeah,

1:17:04.427 --> 1:17:06.088
so it's literally like Superintendent

1:17:06.130 --> 1:17:07.670
Chalmers is mining Bitcoin.

1:17:08.990 --> 1:17:10.231
That was how I interpreted

1:17:10.271 --> 1:17:11.033
this news story.

1:17:11.052 --> 1:17:15.175
So the claim from the DOJ

1:17:15.255 --> 1:17:18.636
was that assistant superintendent... Oh,

1:17:18.676 --> 1:17:19.177
assistant...

1:17:19.978 --> 1:17:21.198
assistant superintendent

1:17:21.238 --> 1:17:23.180
charmers uh and chief

1:17:23.239 --> 1:17:25.841
business officer of the

1:17:26.060 --> 1:17:27.601
patterson joint unified

1:17:27.641 --> 1:17:28.622
school district somebody

1:17:28.662 --> 1:17:29.523
will have to work out where

1:17:29.542 --> 1:17:31.323
that is I got a good idea

1:17:32.514 --> 1:17:33.114
Yeah.

1:17:33.135 --> 1:17:34.494
Along with the IT director

1:17:34.515 --> 1:17:36.095
for the school district,

1:17:36.676 --> 1:17:38.056
they created a crypto

1:17:38.096 --> 1:17:39.658
mining farm using the

1:17:39.677 --> 1:17:40.378
infrastructure of the

1:17:40.399 --> 1:17:41.878
school district and then

1:17:41.918 --> 1:17:43.420
pocketed the profits while

1:17:43.939 --> 1:17:45.621
funneling the extra energy

1:17:45.801 --> 1:17:47.141
use through the schools.

1:17:47.242 --> 1:17:48.842
So it was like, damn,

1:17:49.363 --> 1:17:50.524
those schools really have

1:17:50.564 --> 1:17:53.145
got the radiators on during winter.

1:17:53.645 --> 1:17:55.185
Free electricity changes the whole model.

1:17:56.127 --> 1:17:57.087
Mine like fucking crazy.

1:17:57.448 --> 1:17:58.768
It makes it really profitable.

1:17:59.069 --> 1:17:59.729
It really does.

1:18:00.529 --> 1:18:01.010
paying for electricity

1:18:01.029 --> 1:18:03.591
speaking of my old jobs my

1:18:03.692 --> 1:18:05.932
old uh my old boss he

1:18:06.014 --> 1:18:07.293
created the xeon phi and he

1:18:07.354 --> 1:18:08.475
used them to mine bitcoin

1:18:08.515 --> 1:18:10.997
back in like 2013. so he we

1:18:11.056 --> 1:18:13.297
had mineral oil keeping him

1:18:13.377 --> 1:18:14.979
cool server racks and

1:18:14.998 --> 1:18:15.760
server racks he was like

1:18:15.779 --> 1:18:16.539
don't tell anyone about

1:18:16.560 --> 1:18:18.261
this but this is why I'm

1:18:18.301 --> 1:18:19.221
testing these and I was

1:18:19.242 --> 1:18:20.762
like oh my god so funny

1:18:21.632 --> 1:18:22.253
That's funny.

1:18:22.274 --> 1:18:24.837
I knew somebody in my local

1:18:24.877 --> 1:18:25.636
programming group who

1:18:25.657 --> 1:18:27.298
worked for Engine Yard.

1:18:27.338 --> 1:18:27.960
Do you remember them?

1:18:28.000 --> 1:18:29.201
Like Ruby on Rails hosting

1:18:29.220 --> 1:18:29.782
back in the day?

1:18:30.242 --> 1:18:31.863
They had a free tier.

1:18:31.904 --> 1:18:36.168
You got like one, you know, VPS, right?

1:18:37.911 --> 1:18:39.872
Like equivalent of AWS T3A

1:18:39.932 --> 1:18:42.135
micro or whatever in the AWS model.

1:18:42.655 --> 1:18:42.956
And they...

1:18:44.318 --> 1:18:45.378
And he was like, yeah,

1:18:45.399 --> 1:18:46.298
people are going mad for

1:18:46.338 --> 1:18:46.998
these at the moment.

1:18:47.038 --> 1:18:47.420
They're just,

1:18:48.100 --> 1:18:49.320
we're getting so many signups.

1:18:49.400 --> 1:18:50.381
It'd be really cool if he's

1:18:50.440 --> 1:18:51.902
all these people convert, you know, uh,

1:18:52.582 --> 1:18:53.002
it's going to be a

1:18:53.042 --> 1:18:54.422
completely different company in a year.

1:18:54.563 --> 1:18:56.264
And then like maybe two

1:18:56.323 --> 1:18:58.104
months later at a different meetup meetup,

1:18:58.125 --> 1:18:58.824
I was like, yeah, man,

1:18:58.864 --> 1:18:59.706
how are things going to work?

1:18:59.746 --> 1:19:04.707
And he was like, so, cause it's like 2012,

1:19:04.707 --> 1:19:05.328
he was like, Hey,

1:19:05.349 --> 1:19:06.868
have you heard of a thing called Bitcoin?

1:19:06.889 --> 1:19:08.170
And I was like, yeah, funny story.

1:19:08.609 --> 1:19:10.030
I own, I own half a Bitcoin.

1:19:10.572 --> 1:19:12.012
I can't spend it on pizza.

1:19:12.654 --> 1:19:13.673
He was like, okay, cool.

1:19:13.734 --> 1:19:13.894
Right.

1:19:13.913 --> 1:19:15.515
And I was explaining this to you then.

1:19:16.076 --> 1:19:16.856
The reason they were signed

1:19:16.917 --> 1:19:17.497
up is they're mining

1:19:17.516 --> 1:19:18.797
Bitcoin in a massive farm.

1:19:18.978 --> 1:19:19.998
And it's really hard for us

1:19:20.019 --> 1:19:21.760
to work out who the fuck is doing it.

1:19:22.100 --> 1:19:22.820
And we might have to turn

1:19:22.841 --> 1:19:23.962
off our free tier and it's

1:19:24.101 --> 1:19:24.902
killing our business.

1:19:26.222 --> 1:19:27.423
And the higher ups have just

1:19:27.463 --> 1:19:28.925
told us all to fucking figure it out.

1:19:29.045 --> 1:19:29.426
And you're like,

1:19:30.048 --> 1:19:30.389
Cool.

1:19:30.909 --> 1:19:32.451
That was a massively paraphrased version.

1:19:32.470 --> 1:19:33.652
I can't remember where

1:19:33.712 --> 1:19:34.632
Engine Yard are based and

1:19:34.653 --> 1:19:35.514
if they're still around.

1:19:35.613 --> 1:19:37.815
So don't sue me for defamation.

1:19:38.256 --> 1:19:39.917
That probably isn't quite the full story.

1:19:39.978 --> 1:19:42.039
But anyway,

1:19:42.199 --> 1:19:44.041
I recall that from the time it

1:19:44.060 --> 1:19:45.021
was just like shit loads of

1:19:45.042 --> 1:19:46.103
Bitcoin mining going on on

1:19:46.122 --> 1:19:46.984
the free hardware and it

1:19:47.024 --> 1:19:48.104
was calming them.

1:19:49.926 --> 1:19:52.588
So my mate has been like a

1:19:53.109 --> 1:19:54.390
proof of work miner for

1:19:54.570 --> 1:19:55.631
like years and years and years.

1:19:56.590 --> 1:19:56.949
Not rich.

1:19:57.729 --> 1:20:01.291
And during winter,

1:20:01.610 --> 1:20:04.332
he would like move his GPUs

1:20:04.372 --> 1:20:06.773
into the living room onto a

1:20:06.832 --> 1:20:08.773
rack and just like let them

1:20:08.813 --> 1:20:10.894
run in there instead of in the shed.

1:20:10.913 --> 1:20:13.613
So he was like a working

1:20:13.673 --> 1:20:14.734
class Bitcoin miner,

1:20:14.774 --> 1:20:17.234
not like a big bulls Bitcoin miner.

1:20:17.774 --> 1:20:19.055
Well, he has been, you know, like in...

1:20:24.750 --> 1:20:27.212
the proof of work mining for

1:20:27.671 --> 1:20:29.752
many many many years like

1:20:29.792 --> 1:20:33.274
probably since I like

1:20:33.314 --> 1:20:36.317
around the 13 14 Mark

1:20:37.056 --> 1:20:39.479
ethereum right but there's

1:20:39.498 --> 1:20:40.498
two types of people in

1:20:40.519 --> 1:20:41.640
crypto there's the ones

1:20:41.680 --> 1:20:42.541
that are already on the

1:20:42.581 --> 1:20:43.381
beach and there is

1:20:43.541 --> 1:20:45.421
everybody else so you're

1:20:45.462 --> 1:20:46.863
telling me he's part of us

1:20:46.903 --> 1:20:49.123
suckers yeah he's

1:20:49.184 --> 1:20:51.426
definitely like part of our

1:20:51.626 --> 1:20:53.087
us he's one of us

1:20:54.791 --> 1:20:56.993
What did he do if he started that early?

1:20:57.012 --> 1:20:57.672
What did he do?

1:20:57.712 --> 1:20:59.134
Did he gen it all up the wall?

1:21:01.435 --> 1:21:02.235
Buy too many graphics?

1:21:02.595 --> 1:21:04.277
I feel like at some point he

1:21:04.337 --> 1:21:06.198
told me that he had like 40 Bitcoin,

1:21:06.399 --> 1:21:09.180
but I think he like, you know,

1:21:09.440 --> 1:21:10.360
swapped it to something

1:21:10.421 --> 1:21:11.822
else or I don't know.

1:21:12.422 --> 1:21:14.804
It's always the degeneracy that gets you.

1:21:14.884 --> 1:21:15.625
I've noticed that.

1:21:16.664 --> 1:21:17.166
Yeah.

1:21:18.046 --> 1:21:19.627
He almost convinced me to

1:21:19.686 --> 1:21:22.448
buy Bitcoin back in like 2000 and...

1:21:24.804 --> 1:21:26.864
I want to say like 15 or 16 or something.

1:21:26.925 --> 1:21:29.546
It was... So when he was...

1:21:30.207 --> 1:21:32.627
We met at the pub and he

1:21:32.667 --> 1:21:34.429
was telling me about the whole situation.

1:21:34.649 --> 1:21:36.850
That's not a... Oh, my God.

1:21:36.909 --> 1:21:38.451
Niles' origin story is that

1:21:38.511 --> 1:21:39.872
he sometimes goes to the

1:21:39.912 --> 1:21:41.592
pub and is Australian.

1:21:42.653 --> 1:21:43.774
So we're talking about the

1:21:43.793 --> 1:21:46.354
whole situation and he's like, yeah, man,

1:21:46.515 --> 1:21:47.916
Bitcoin, it's good.

1:21:48.256 --> 1:21:49.056
You should get some.

1:21:49.277 --> 1:21:51.337
And I'm like, all right.

1:21:51.797 --> 1:21:52.018
So...

1:21:54.412 --> 1:21:56.073
like making an account was a

1:21:56.132 --> 1:21:57.894
real pain in the ass for

1:21:57.934 --> 1:22:00.234
the australian um exchanges

1:22:00.694 --> 1:22:01.895
so my plan was to like

1:22:01.975 --> 1:22:04.317
maybe spend 10 grand and

1:22:04.377 --> 1:22:05.457
just you know make a

1:22:05.476 --> 1:22:06.957
definitive investment 10

1:22:06.957 --> 1:22:09.099
grand at the time jump

1:22:09.118 --> 1:22:10.198
straight from naught to a

1:22:10.238 --> 1:22:11.720
hundred just like straight

1:22:11.739 --> 1:22:14.360
to 10 grand at the time

1:22:14.421 --> 1:22:16.002
well I mean I used to like

1:22:16.502 --> 1:22:17.762
so I used to buy shares as

1:22:17.802 --> 1:22:19.764
well and that was my

1:22:21.097 --> 1:22:22.179
my amount that I would put

1:22:22.238 --> 1:22:23.900
into like a share would be

1:22:24.662 --> 1:22:25.382
you know this is the

1:22:25.403 --> 1:22:27.364
starter pack 10 grand and

1:22:27.404 --> 1:22:28.104
then I'll just leave it

1:22:28.145 --> 1:22:29.386
forever and then so I'd

1:22:29.407 --> 1:22:30.368
save up another 10 grand

1:22:30.387 --> 1:22:30.967
and I'd like to buy

1:22:31.007 --> 1:22:34.011
something else so I was

1:22:34.032 --> 1:22:34.972
like all right I'll give it

1:22:35.193 --> 1:22:36.014
I'll give it the starter

1:22:36.033 --> 1:22:39.337
pack and then so bitcoin

1:22:39.377 --> 1:22:43.622
was 200 australian dollars right and um

1:22:45.020 --> 1:22:45.961
So by the time I went

1:22:45.980 --> 1:22:47.020
through all the rigmarole

1:22:47.161 --> 1:22:49.362
and everything to make an

1:22:49.422 --> 1:22:51.243
account on an Australian exchange,

1:22:51.844 --> 1:22:53.904
Bitcoin was 2000 Australian dollars.

1:22:54.645 --> 1:22:56.126
And I was like, ah, fuck,

1:22:56.185 --> 1:22:56.787
I missed the boat.

1:22:57.306 --> 1:22:58.648
So then I like gave up on

1:22:58.688 --> 1:22:59.507
that whole situation.

1:23:00.948 --> 1:23:03.210
And that's the story.

1:23:05.511 --> 1:23:07.412
I bought and sold Bitcoin at

1:23:07.493 --> 1:23:08.233
quite a few different

1:23:08.372 --> 1:23:11.175
prices in that sort of period, I think.

1:23:12.270 --> 1:23:13.011
I think I finally,

1:23:13.070 --> 1:23:15.372
I finally got out at about $19,000.

1:23:15.372 --> 1:23:22.936
Uh, where I had like, like the, like,

1:23:23.136 --> 1:23:24.337
I think my first ever bit,

1:23:24.358 --> 1:23:25.118
like I had like a whole

1:23:25.137 --> 1:23:26.099
Bitcoin at some point.

1:23:26.578 --> 1:23:28.140
And then after that, it was always like,

1:23:28.159 --> 1:23:31.061
you know, um, subdivisions of one,

1:23:32.342 --> 1:23:35.385
but yeah, I think, yeah,

1:23:35.564 --> 1:23:37.725
it was this strange thing.

1:23:37.805 --> 1:23:39.426
I guess it's back over 40,000, isn't it?

1:23:39.447 --> 1:23:40.368
You say shortly.

1:23:41.548 --> 1:23:41.708
So,

1:23:42.963 --> 1:23:44.125
Yeah, it just crested 44.

1:23:44.824 --> 1:23:46.166
What's ATH?

1:23:48.368 --> 1:23:50.369
69, I think.

1:23:50.729 --> 1:23:50.369
69.

1:23:51.449 --> 1:23:52.131
I think 69, yeah.

1:23:52.551 --> 1:23:54.432
So it's on the way back up

1:23:54.533 --> 1:23:55.132
and everything else is

1:23:55.193 --> 1:23:56.354
positively correlated.

1:23:56.373 --> 1:23:58.515
So, you know.

1:23:59.435 --> 1:24:00.756
The happening does happen

1:24:00.978 --> 1:24:02.078
here in two months, so.

1:24:04.739 --> 1:24:06.442
Is it like 70 odd days or something?

1:24:08.483 --> 1:24:09.083
Interesting.

1:24:09.104 --> 1:24:10.484
Yeah.

1:24:11.055 --> 1:24:13.516
Well, the, the halvening is like only the,

1:24:14.617 --> 1:24:15.497
that's like a few months

1:24:15.557 --> 1:24:17.698
before the traditional cycle, right?

1:24:17.998 --> 1:24:19.100
So the halvening happens and

1:24:19.119 --> 1:24:20.081
then the cycle sort of

1:24:20.121 --> 1:24:21.320
happens like a little bit after.

1:24:22.881 --> 1:24:23.182
Well,

1:24:23.203 --> 1:24:24.342
I imagine there's some sort of like

1:24:24.363 --> 1:24:25.163
delay period from whenever

1:24:25.203 --> 1:24:26.384
they actually start to actually sell,

1:24:26.444 --> 1:24:26.645
right?

1:24:26.664 --> 1:24:28.286
Because the theory goes that

1:24:28.305 --> 1:24:29.225
the halvening matters

1:24:29.305 --> 1:24:30.266
because now Bitcoin makers

1:24:30.287 --> 1:24:31.688
are making less and then

1:24:31.807 --> 1:24:32.768
there's going to be a delay

1:24:32.807 --> 1:24:33.769
before they actually start

1:24:33.809 --> 1:24:35.229
to sell at this new value.

1:24:38.277 --> 1:24:38.476
Yeah,

1:24:38.497 --> 1:24:41.038
I guess it's kind of like how mining

1:24:41.099 --> 1:24:44.641
works in real life, like in IRL, um,

1:24:45.603 --> 1:24:46.524
commodities, right?

1:24:47.664 --> 1:24:48.685
Like no miner is going to

1:24:48.725 --> 1:24:49.726
sell it for less than it

1:24:49.766 --> 1:24:50.967
costs to produce.

1:24:51.307 --> 1:24:52.469
So I guess the theory is

1:24:52.548 --> 1:24:53.930
that it costs more to produce.

1:24:54.170 --> 1:24:56.692
So no miner will be selling

1:24:56.752 --> 1:24:57.592
it for less than that.

1:24:58.613 --> 1:25:01.737
So less miners, I don't know.

1:25:03.137 --> 1:25:05.260
Um, but in any case.

1:25:07.221 --> 1:25:07.761
It is coming.

1:25:08.542 --> 1:25:09.103
And hey,

1:25:09.323 --> 1:25:10.483
hopefully it kicks off another

1:25:10.523 --> 1:25:12.203
bull and we get another

1:25:12.243 --> 1:25:14.164
year of champagne and

1:25:14.185 --> 1:25:16.485
Lambos until we're broke again.

1:25:19.146 --> 1:25:22.608
Yeah, but not all bulls are created equal,

1:25:22.667 --> 1:25:22.868
right?

1:25:23.287 --> 1:25:25.469
You'll do well off of Say, I think,

1:25:25.809 --> 1:25:27.350
if there's another bull market.

1:25:29.570 --> 1:25:30.871
I don't know what else in

1:25:30.911 --> 1:25:32.152
Cosmos is going to go

1:25:32.671 --> 1:25:34.132
shooting back up there.

1:25:35.765 --> 1:25:36.244
Well, I mean,

1:25:36.324 --> 1:25:39.025
TIA are fucking all the way up there.

1:25:40.365 --> 1:25:40.966
Celestia.

1:25:40.985 --> 1:25:44.567
Dimension is a pretty good start.

1:25:44.646 --> 1:25:45.787
It could be another one.

1:25:46.127 --> 1:25:51.189
There's like that grab bag of TIA, Dime,

1:25:51.509 --> 1:25:55.770
and also Avail, which are sort of all...

1:25:56.894 --> 1:25:58.354
holding hands together so

1:25:58.835 --> 1:25:59.975
maybe they'll all end up

1:26:00.716 --> 1:26:02.636
high I think avails like a

1:26:02.697 --> 1:26:04.158
really different situation

1:26:04.278 --> 1:26:05.719
for cosmos validators than

1:26:05.738 --> 1:26:07.819
what you know obviously

1:26:07.899 --> 1:26:10.881
dime and um and celestia

1:26:11.981 --> 1:26:13.382
avail is polka dot right

1:26:13.403 --> 1:26:14.443
it's a substrate chain yeah

1:26:14.462 --> 1:26:15.764
it's polka dot it's not but

1:26:15.783 --> 1:26:16.664
there's a lot there are a

1:26:17.505 --> 1:26:19.265
pretty big handful of uh

1:26:20.265 --> 1:26:22.988
cosmos validators in their test net so

1:26:25.039 --> 1:26:27.341
um yeah but it'll be it'll

1:26:27.360 --> 1:26:28.220
be interesting when they

1:26:30.161 --> 1:26:31.962
launch to see like if they

1:26:32.061 --> 1:26:35.943
also do like celestia

1:26:35.962 --> 1:26:38.264
started at about 100 when

1:26:38.304 --> 1:26:39.724
they um when they launched

1:26:39.783 --> 1:26:42.045
and they just progressed up

1:26:42.064 --> 1:26:43.125
the chain up the list

1:26:43.145 --> 1:26:44.845
pretty quick so maybe

1:26:45.126 --> 1:26:46.046
dimensional do the same

1:26:46.086 --> 1:26:46.706
thing I don't know

1:26:48.203 --> 1:26:48.323
I mean,

1:26:48.342 --> 1:26:49.382
it's hard to say because people go

1:26:49.422 --> 1:26:50.444
up there, you know,

1:26:50.463 --> 1:26:51.444
the chain's got the list

1:26:51.484 --> 1:26:53.145
and then they go rocking

1:26:53.185 --> 1:26:54.244
back down when people

1:26:54.284 --> 1:26:55.284
realize that they've just

1:26:55.305 --> 1:26:56.305
got the same old shit like

1:26:56.345 --> 1:26:57.945
a DAX and a couple of other fucking,

1:26:59.506 --> 1:27:00.186
you know, whatever.

1:27:01.867 --> 1:27:02.587
Yeah, I mean,

1:27:03.047 --> 1:27:04.608
TIA seems to be pretty stuck

1:27:04.667 --> 1:27:05.448
up there at the moment.

1:27:07.529 --> 1:27:09.130
Injective seems to be stuck

1:27:09.170 --> 1:27:10.510
around that $30 mark.

1:27:10.630 --> 1:27:12.091
I mean, whatever it is.

1:27:13.510 --> 1:27:16.572
Whenever you see a top 50 chain,

1:27:16.591 --> 1:27:18.252
remember that Juno was like what?

1:27:19.734 --> 1:27:20.154
Briefly, $36, $44?

1:27:20.555 --> 1:27:27.199
Yeah, briefly.

1:27:27.239 --> 1:27:29.261
These ones have stuck around.

1:27:29.720 --> 1:27:32.342
But Juno shot up there and shot back down,

1:27:32.382 --> 1:27:33.684
whereas, I don't know,

1:27:33.724 --> 1:27:35.204
if you take Injectig, for example,

1:27:35.244 --> 1:27:36.386
they've been around a long time,

1:27:37.105 --> 1:27:38.146
and they've slowly been

1:27:39.268 --> 1:27:41.770
moving up for like a year.

1:27:41.829 --> 1:27:42.029
Yeah.

1:27:45.143 --> 1:27:47.123
well yeah exactly I guess

1:27:47.163 --> 1:27:48.685
that's the thing but then a

1:27:48.744 --> 1:27:50.025
slower build up in a bear

1:27:50.065 --> 1:27:51.947
market I mean that's just a

1:27:51.966 --> 1:27:54.167
bear market isn't it but

1:27:54.807 --> 1:27:56.750
hey I mean if the whole

1:27:56.810 --> 1:27:59.511
market shoots up uh you

1:27:59.551 --> 1:28:01.771
know it would be nice if we

1:28:01.891 --> 1:28:02.733
if only we were still

1:28:03.172 --> 1:28:06.175
getting big bags but that's

1:28:06.234 --> 1:28:07.336
also fine but I mean

1:28:07.496 --> 1:28:09.216
injective like they 10x'd

1:28:09.296 --> 1:28:11.557
in a in 12 months of bear market

1:28:13.317 --> 1:28:14.497
So I don't know that,

1:28:14.778 --> 1:28:16.559
I don't know why they're different,

1:28:16.639 --> 1:28:17.498
but they seem to be.

1:28:17.519 --> 1:28:19.439
Yeah.

1:28:19.701 --> 1:28:20.180
I'm just being,

1:28:20.261 --> 1:28:21.041
I'm just being shitty about

1:28:21.060 --> 1:28:22.242
injective because for some

1:28:22.261 --> 1:28:23.523
reason I'm shitty about injective.

1:28:25.764 --> 1:28:26.564
Right.

1:28:26.623 --> 1:28:26.823
Yeah.

1:28:26.864 --> 1:28:28.005
Whatever.

1:28:28.024 --> 1:28:28.385
I'm just,

1:28:28.905 --> 1:28:30.025
I'm just pointing out that

1:28:30.506 --> 1:28:32.387
there's different strokes

1:28:32.408 --> 1:28:33.448
for different folks or whatever.

1:28:36.010 --> 1:28:38.051
So that's the description of

1:28:38.110 --> 1:28:39.350
the economics of diversity,

1:28:39.511 --> 1:28:40.311
the various chains.

1:28:42.921 --> 1:28:47.284
i don't know I think um I

1:28:47.324 --> 1:28:48.204
know we we obviously had

1:28:48.244 --> 1:28:49.405
down on here and then like

1:28:49.426 --> 1:28:50.527
didn't talk to him about a

1:28:50.587 --> 1:28:53.969
layer at all but yeah there

1:28:54.048 --> 1:28:54.548
I think there are some

1:28:54.569 --> 1:28:55.510
other interesting chains

1:28:55.550 --> 1:28:56.550
coming out and obviously

1:28:56.630 --> 1:28:57.930
anything with like the

1:28:57.990 --> 1:28:59.712
novel type consensus in

1:28:59.752 --> 1:29:00.712
proof of stake is like

1:29:00.792 --> 1:29:03.033
pretty interesting anything with like

1:29:06.550 --> 1:29:07.630
Anything with better privacy,

1:29:08.050 --> 1:29:09.051
I'm obviously a fan of,

1:29:09.131 --> 1:29:10.471
but I get that you just

1:29:10.492 --> 1:29:11.431
have to give it to users

1:29:11.452 --> 1:29:12.552
without them asking for it.

1:29:13.552 --> 1:29:15.993
So who knows?

1:29:16.435 --> 1:29:17.255
It'd be interesting to see

1:29:17.295 --> 1:29:19.496
what happens next bull run, right?

1:29:19.515 --> 1:29:21.237
Because we had DeFi Summer,

1:29:21.256 --> 1:29:22.158
we've had all those things.

1:29:22.877 --> 1:29:26.039
It's going to have to be some other thing.

1:29:26.180 --> 1:29:27.140
Maybe next time,

1:29:27.159 --> 1:29:29.020
I don't want to sound too

1:29:29.060 --> 1:29:29.921
hopeful or anything,

1:29:30.742 --> 1:29:31.462
maybe next time it'll be

1:29:31.502 --> 1:29:33.743
something useful will be the thing,

1:29:33.884 --> 1:29:34.543
the killer app.

1:29:36.935 --> 1:29:37.636
Wouldn't that be nice?

1:29:37.655 --> 1:29:43.301
I mean... Probably.