WEBVTT

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local recordings fucking

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hell is that god damn it no

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actually actually they

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fixed that they fixed that

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issue so it's not that big

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of a deal anymore oh okay

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all right well it doesn't

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matter see we showed up so

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late that there's nobody

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here there's one person

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that's probably you that

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might be me though

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yeah so uh g'day everybody

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welcome to the game of

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nodes we're one man down

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today but you still get the

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pleasure of the three of us

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nel schultz and serp so uh

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we come we come today

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pretty fucking unprepared

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uh our news guy kind of

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fucked himself up a little

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bit can't type so uh

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He didn't give us any news.

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We haven't looked at any news ourselves,

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but it's been a bit of

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turmoil this week in the markets.

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Maybe we can talk a little bit about that.

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I don't know how much we all

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care too much about the prices.

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We all know they fluctuate.

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I mean,

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other than the news guy getting a

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little fucked up physically,

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all my other preparations

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have been exactly the same

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this week as at all previous weeks.

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None?

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Yes.

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Like I looked at the news,

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literally looked at the news sheet,

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like at five,

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at 10 minutes after the hour.

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Yeah.

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So, you know,

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the news guy is usually the

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fallback for our unpreparedness weekly,

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uh, which we, oh, fuck me.

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We just showed up to seven viewers.

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Yeah.

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Amazing.

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Oh, I, I have, I have 12 tabs open,

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so that'll move up a lot faster.

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Uh, yeah.

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uh well actually uh a lot of

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these will come from x

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because it's now live on x

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so people scroll past and

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then it registers a viewer

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I think is that how I mean

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that one time we had like

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250 on twitter I don't know

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how that works so if that's

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actually does it just need

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to open up a window or

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something yeah I'm very I i

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have no idea I don't know

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whether you need to click

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on it or whether you can

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just scroll past it and

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then it's like hey a viewer

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I don't know.

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Yeah.

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Yeah.

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Oh, that's no, that one,

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that one did fluctuate.

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Oh yeah.

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Maybe it was,

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maybe it was an analytics issue.

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Well,

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it seems almost in here or something.

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I looked at it last week and

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it was up only on X.

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It's kind of like the

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pre-rug on some of those

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shit coin exchanges where

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you can buy the token,

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but you cannot sell the token.

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For some reason,

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there's some fuckery there

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that you can buy into it.

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But then you try to dump it and it's like,

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no, no, no.

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Low lick.

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Can't do that.

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Somebody tell me how to bridge out DYDX.

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Oh, man.

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Tell me how to do that.

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There's no bridge back.

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You just bridge out from

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Cosmos to Ethereum.

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Yeah,

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I don't think you're supposed to be

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able to because it's one way, right?

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It's a migration, not a two-way bridge.

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It's a migration.

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Yeah, it's a migration.

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But all the sexes have it on Ethereum,

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right?

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That's what the pair is on.

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There is a sex integration somewhere.

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I don't know where it is, though.

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to what to sell dydx from a

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tenement token is just like

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vigorously topping trying

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to figure out where the

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where the exit is like I

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should I should check to

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see if because when before

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they had the bridge

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interface up they had those

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contracts right those

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ethereum contracts and I

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thought I guess no they

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were one way there was no

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two way it has to be it has

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to be one way right so how

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the hell would that work

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you can't I mean okay

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there's not enough there's

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not enough liquidity in

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osmosis to do anything like

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a thousand dollars like

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moves at 16 or something

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You can't bridge it out.

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So I'm trying to figure out like,

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other than staking it.

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No, no, no.

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You use the, use DYDX, man.

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Like swap it on DYDX and

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then fucking bridge out your USDC.

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What's the liquidity there?

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It's heaps.

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Hmm.

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I mean, I've never looked at it,

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but I've never sold any.

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I have no idea actually.

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Let me, let me check that out.

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I have no idea.

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Um,

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Yeah, like, you know, I only,

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I did the same as you.

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We were just buying in and then like.

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I mean, I've lost interest since it's now.

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Literally, it's down, I think, $1.50.

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It's down like 45% since I

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brought this topic weeks

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ago or something.

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So this can wait.

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It's got some time.

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Yeah,

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there was like a decent pump for a

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little bit there.

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It was like $4.15 or something.

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It was like, it was up there.

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It was over $4.

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I remember that.

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It's back down under $2.99.

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It's $2.99 right now.

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It's under $3, unfortunately.

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Is there... It's all... God damn it.

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I don't see a DYDX pair,

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so I guess... Sweet.

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There has to be a pair for DYDX USDC.

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Uh...

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Remus says,

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down only since giving $60

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million to Stride.

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Yeah, no comment.

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I mean, honestly.

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I haven't given it yet, but anyway.

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And it was already down before then,

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but anyway.

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Everything this week has

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been pretty brutal.

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It's like 25%,

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23% across the board almost.

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Rahm is pretty salty about

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the whole stride thing,

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so he's not bullish.

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Rahm says Astroport has it, does it?

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That makes sense, actually.

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There's a lot up for voting

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at the moment on DYDX,

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and P-Stakes trying for there.

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They want 5 million of stake as well.

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Oh, yeah.

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Well,

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I'm down for some liquid staking

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competition, so that's...

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The only problem with

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P-Stake is that they don't

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have a very big market capitalization.

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Yeah.

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Like literally,

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I think their original ideas,

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their staked amount of DYDX

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would have been worth more

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than their chain, which is an ideal.

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Well,

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I think Persistence has an

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interesting place to be

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though because my

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understanding is they're

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going to start positioning

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towards being eigenlayer

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security providers I guess

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that's how you'd word it um

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because they they have a

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product for liquid staking

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ethereum which will then

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get them into eigen layer

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right so I think that

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persistence does have a a

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true real position that

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they can take that stride

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still hasn't quite gotten

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there yet for so I think I

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think I think it's good

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competition I i I'm

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supportive of persistence

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getting some dytx as well

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Yeah, I mean,

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I think it's important to

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have some diversification.

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I'm glad they went for the smaller amount,

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though.

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I think that makes sense to begin with.

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Maybe it'll help them get

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some traction as well.

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I've never been like...

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You know,

00:07:37.954 --> 00:07:40.295
the initial model for persistence,

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I was not like a huge fan

00:07:42.154 --> 00:07:43.456
of the original liquid

00:07:43.495 --> 00:07:44.896
staking of like Atom.

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I didn't see it as valuable.

00:07:47.997 --> 00:07:48.716
I didn't see any

00:07:48.877 --> 00:07:52.879
integrations for that liquid staked Atom.

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And all I saw of that

00:07:56.160 --> 00:07:57.480
particular protocol from

00:07:57.519 --> 00:07:59.980
them was that it was just a

00:08:00.000 --> 00:08:01.500
bit of a drain to the

00:08:01.620 --> 00:08:02.502
stakers because it was a

00:08:02.541 --> 00:08:04.041
bit off the top that they

00:08:04.081 --> 00:08:05.081
were taking and not really

00:08:05.122 --> 00:08:06.423
providing any value for it.

00:08:08.288 --> 00:08:08.949
So that was a little bit

00:08:08.988 --> 00:08:12.230
disappointing in the early

00:08:12.271 --> 00:08:13.471
stages of persistence.

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And it made me a little bit

00:08:14.391 --> 00:08:15.151
bearish on them.

00:08:16.052 --> 00:08:17.091
The whole process is pretty

00:08:17.132 --> 00:08:17.911
complicated too.

00:08:19.052 --> 00:08:20.973
And the unstaking was lengthy.

00:08:21.333 --> 00:08:24.113
So to see them like moving

00:08:24.153 --> 00:08:25.855
into doing other stuff more

00:08:25.915 --> 00:08:30.536
local in the Cosmos ecosystem is good.

00:08:31.276 --> 00:08:32.076
But I think they've probably

00:08:32.116 --> 00:08:34.256
got a long way to go with

00:08:34.557 --> 00:08:35.957
getting some adoption in there and

00:08:36.780 --> 00:08:39.822
and building up their token

00:08:39.861 --> 00:08:41.381
value to be able to provide

00:08:41.422 --> 00:08:42.062
that security.

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I thought the persistence

00:08:50.783 --> 00:08:52.043
team was the same as the

00:08:52.083 --> 00:08:53.664
Comdex team for a long time.

00:08:54.664 --> 00:08:55.445
Or is there some sort of

00:08:55.465 --> 00:08:56.504
like cross-pollination there?

00:08:56.565 --> 00:08:57.865
I remember there's some sort of, I guess,

00:08:57.905 --> 00:08:58.946
propaganda at this point

00:08:59.086 --> 00:08:59.706
that they were the same.

00:09:01.091 --> 00:09:05.134
So I may be talking out my ass,

00:09:05.173 --> 00:09:10.258
but I believe that there

00:09:10.357 --> 00:09:12.200
are some team members from

00:09:12.240 --> 00:09:13.240
the early days of the

00:09:13.279 --> 00:09:15.022
Cosmos ecosystem that sort

00:09:15.062 --> 00:09:21.706
of started with that Comdex

00:09:21.767 --> 00:09:22.687
team and then sort of

00:09:22.746 --> 00:09:25.149
proliferated out into

00:09:25.229 --> 00:09:28.812
things like... What's the VPN one?

00:09:30.532 --> 00:09:31.594
So that VPN one,

00:09:31.614 --> 00:09:33.658
a couple of different like

00:09:33.697 --> 00:09:34.860
validator teams and some

00:09:34.919 --> 00:09:36.903
other projects that sort of, yeah,

00:09:36.943 --> 00:09:40.389
Sentinel, Comdex, Persistence.

00:09:40.850 --> 00:09:42.033
I think they sort of shared

00:09:42.052 --> 00:09:43.174
a lot of the same developers.

00:09:44.796 --> 00:09:45.155
Okay.

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Yeah.

00:09:45.996 --> 00:09:46.297
Yeah.

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Just commented and said that

00:09:47.357 --> 00:09:49.039
the convex team came from

00:09:49.679 --> 00:09:50.681
the P stake team.

00:09:52.381 --> 00:09:52.982
One directional.

00:09:53.003 --> 00:09:55.104
I thought it was something more than that.

00:09:55.124 --> 00:09:55.745
I thought we talked about it.

00:09:56.004 --> 00:09:57.485
I should go back and search the show notes,

00:09:57.525 --> 00:09:58.466
but I thought,

00:09:58.647 --> 00:09:59.028
I thought there was

00:09:59.048 --> 00:09:59.807
something more than that too,

00:09:59.908 --> 00:10:00.729
but it could be just a,

00:10:00.948 --> 00:10:02.971
just exiting and entering type of thing.

00:10:04.552 --> 00:10:05.773
We probably said some shit.

00:10:06.333 --> 00:10:06.573
We are.

00:10:06.594 --> 00:10:10.037
I mean, well, yeah, there's a million.

00:10:11.096 --> 00:10:12.378
There's a million liquidity

00:10:12.519 --> 00:10:14.100
on Astro port for D Y D X.

00:10:15.993 --> 00:10:17.234
uh I see a hundred thousand

00:10:17.254 --> 00:10:17.813
where the hell do you get a

00:10:17.854 --> 00:10:19.254
million oh what chain I'm

00:10:19.294 --> 00:10:20.336
on osmosis what chain are

00:10:21.917 --> 00:10:23.397
you on uh this is on our

00:10:23.437 --> 00:10:26.198
injective neutron uh

00:10:26.239 --> 00:10:27.720
neutron yeah that one I

00:10:27.740 --> 00:10:28.820
think neutron has the most

00:10:29.980 --> 00:10:32.062
liquidity overall but say

00:10:32.081 --> 00:10:33.503
still has I think the most

00:10:33.523 --> 00:10:34.624
amount of traffic if I

00:10:34.644 --> 00:10:35.563
remember it's some goofy

00:10:36.443 --> 00:10:37.345
weird thing on that and

00:10:37.384 --> 00:10:38.446
osmosis is in there too now

00:10:38.466 --> 00:10:39.066
which is pretty cool

00:10:40.870 --> 00:10:41.291
Osmosis,

00:10:41.551 --> 00:10:44.092
the Osmosis DYDX pool only has 108,000,

00:10:44.092 --> 00:10:46.714
but the combined APR is

00:10:46.714 --> 00:10:48.595
109% APR because there's an

00:10:48.755 --> 00:10:50.956
Astro incentives structure

00:10:50.976 --> 00:10:52.618
on it right now that gets

00:10:52.618 --> 00:10:56.460
1,884 daily Astro.

00:10:56.840 --> 00:10:57.541
And how much is that?

00:10:57.600 --> 00:10:59.201
Isn't that like 25 cents or something now?

00:11:01.082 --> 00:11:02.744
16 cents.

00:11:02.764 --> 00:11:03.083
16 cents.

00:11:03.464 --> 00:11:05.264
So maybe it's, maybe I'll, I mean,

00:11:05.284 --> 00:11:06.005
since the price is down,

00:11:06.025 --> 00:11:07.365
maybe I'll just take all this shit or,

00:11:07.405 --> 00:11:08.386
I mean, just put it into this, uh,

00:11:10.046 --> 00:11:12.649
that's doing pretty well hey

00:11:12.649 --> 00:11:15.532
124 ish million total

00:11:15.572 --> 00:11:17.933
liquidity yeah yeah daily

00:11:17.953 --> 00:11:19.455
volume six million yeah

00:11:19.495 --> 00:11:20.856
it's pretty good yeah

00:11:20.917 --> 00:11:22.337
inject I think um I'm

00:11:22.357 --> 00:11:23.119
trying to remember what the

00:11:23.158 --> 00:11:24.520
biggest pools are so total

00:11:25.081 --> 00:11:26.543
liquidity and injective is

00:11:26.543 --> 00:11:28.443
123 million neutron is oh

00:11:30.066 --> 00:11:30.907
wait maybe that's total

00:11:32.945 --> 00:11:34.806
Oh, that must be 123.

00:11:35.086 --> 00:11:35.885
123 million total, is that right?

00:11:36.326 --> 00:11:37.326
That must be overview across

00:11:37.407 --> 00:11:39.207
all pools on all chains.

00:11:39.388 --> 00:11:40.847
Yeah, 123 million total across all chains.

00:11:40.868 --> 00:11:41.908
Yeah, yeah.

00:11:42.428 --> 00:11:44.070
Yeah, Neutron, yeah, you're right.

00:11:44.169 --> 00:11:44.950
Almost a million dollars of

00:11:44.990 --> 00:11:45.750
pool liquidity in there.

00:11:47.051 --> 00:11:47.610
Maybe I'll put it on the

00:11:47.770 --> 00:11:49.611
Osmo side to boost it.

00:11:50.251 --> 00:11:50.652
Boost it.

00:11:52.192 --> 00:11:56.254
Yeah, we work with that team.

00:11:56.315 --> 00:11:57.154
They move really fast.

00:11:57.235 --> 00:11:59.235
It's really well run.

00:11:59.735 --> 00:12:00.556
It's been a real pleasure.

00:12:00.576 --> 00:12:02.317
It's a cool site.

00:12:03.817 --> 00:12:04.817
I'm interested to see what happens with,

00:12:05.418 --> 00:12:06.538
we're talking to them too about when,

00:12:06.739 --> 00:12:08.341
when the EVM stuff comes on, say,

00:12:08.480 --> 00:12:10.062
which I think is maybe, I don't know,

00:12:10.623 --> 00:12:11.283
maybe this quarter.

00:12:11.302 --> 00:12:14.044
But we're starting to see,

00:12:14.686 --> 00:12:16.506
starting to see some test net or some,

00:12:16.567 --> 00:12:17.628
I guess, what's the right word?

00:12:17.788 --> 00:12:21.230
Some test net or some it's on Arctic one,

00:12:21.250 --> 00:12:22.511
but I guess it's some test

00:12:22.532 --> 00:12:23.653
sites for some of the DEXs

00:12:23.673 --> 00:12:25.754
that are coming on that side.

00:12:25.794 --> 00:12:26.416
And there's some pretty

00:12:26.436 --> 00:12:27.395
interesting cool shit

00:12:27.416 --> 00:12:31.620
coming actually with EVM compatibility.

00:12:33.570 --> 00:12:34.610
I guess my thought is,

00:12:34.691 --> 00:12:36.091
what is the final end game

00:12:36.211 --> 00:12:37.731
goal of EVM compatibility?

00:12:37.751 --> 00:12:40.493
Just so that EVM developers

00:12:40.552 --> 00:12:43.114
can port over to, say,

00:12:43.234 --> 00:12:44.355
or other things easier?

00:12:44.375 --> 00:12:44.975
Yeah.

00:12:44.995 --> 00:12:45.455
Because... Okay.

00:12:46.892 --> 00:12:47.773
I think, I think it's kind of like,

00:12:47.832 --> 00:12:48.494
I think there was that news

00:12:48.533 --> 00:12:49.554
article that's came out.

00:12:49.715 --> 00:12:50.797
I'll put it in the notes if I can find it,

00:12:50.817 --> 00:12:52.918
but I think it was, I sent the note.

00:12:52.938 --> 00:12:55.001
Was it sushi swap or the other one?

00:12:55.022 --> 00:12:59.307
Was it, was it sushi, sushi swap?

00:12:59.447 --> 00:13:00.008
Is that who it was?

00:13:00.607 --> 00:13:01.669
Somebody, somebody announced that they're,

00:13:01.690 --> 00:13:02.650
are they're going to vote on it?

00:13:02.890 --> 00:13:03.471
I think it was sushi.

00:13:04.779 --> 00:13:05.801
No, no, no.

00:13:06.221 --> 00:13:07.922
It's fucking Uniswap.

00:13:08.782 --> 00:13:09.403
Oh, it was Uniswap.

00:13:09.482 --> 00:13:09.682
Okay.

00:13:10.062 --> 00:13:10.702
V3, yeah.

00:13:10.802 --> 00:13:11.524
Uniswap V3.

00:13:12.083 --> 00:13:14.946
So Uniswap V3 would have a Say outpost,

00:13:15.046 --> 00:13:15.225
right?

00:13:15.346 --> 00:13:16.647
So basically you could trade

00:13:16.807 --> 00:13:19.427
EVM-based pairs with Say as

00:13:19.447 --> 00:13:20.187
an underlying.

00:13:20.207 --> 00:13:21.389
So you're not paying the gas and all that.

00:13:21.408 --> 00:13:22.470
It's like the same thing with DYDX,

00:13:22.490 --> 00:13:23.710
the reason that they moved, right?

00:13:24.311 --> 00:13:25.671
So instead of DYDX building

00:13:25.711 --> 00:13:26.951
a whole chain of those bridges,

00:13:27.032 --> 00:13:28.572
this whole fucking thing is

00:13:28.692 --> 00:13:30.413
can I... And they can bring

00:13:30.453 --> 00:13:32.495
over that DEX code 100%.

00:13:32.495 --> 00:13:32.654
Right.

00:13:32.735 --> 00:13:33.475
It's like they,

00:13:33.595 --> 00:13:34.956
they just basically repointed at it.

00:13:35.716 --> 00:13:37.657
Um, and so that part is pretty cool.

00:13:37.996 --> 00:13:38.778
Um, and so I,

00:13:38.898 --> 00:13:39.898
I think it's the matter of

00:13:40.398 --> 00:13:41.899
faster block times, no gas,

00:13:43.078 --> 00:13:43.940
less code portability,

00:13:43.960 --> 00:13:45.399
like a hundred percent code portability,

00:13:45.600 --> 00:13:46.600
quote unquote, I don't know, whatever.

00:13:47.341 --> 00:13:48.761
Um, and the ability to,

00:13:48.922 --> 00:13:50.621
to be able to create those

00:13:50.761 --> 00:13:51.763
environments very quickly,

00:13:52.403 --> 00:13:54.403
which I think is, it's a valid benefit,

00:13:54.524 --> 00:13:54.663
right?

00:13:54.683 --> 00:13:55.464
I'm not saying solidly is

00:13:55.484 --> 00:13:56.085
the best thing in the world,

00:13:56.105 --> 00:13:57.024
but it's a valid benefit.

00:14:00.261 --> 00:14:02.504
there is a, I mean, there's,

00:14:03.104 --> 00:14:06.966
there's a few proposals, uh,

00:14:07.067 --> 00:14:08.067
or a few topics on the,

00:14:08.207 --> 00:14:10.970
in the forum for V3 deployments.

00:14:10.990 --> 00:14:12.010
Uh,

00:14:12.030 --> 00:14:14.133
but they're all from like late last year.

00:14:15.193 --> 00:14:15.514
So yeah,

00:14:16.615 --> 00:14:17.576
like all the comments are pretty

00:14:17.596 --> 00:14:19.096
positive in the, um,

00:14:19.216 --> 00:14:22.298
Uniswap forums towards this deployment.

00:14:22.339 --> 00:14:22.740
Like I think,

00:14:22.759 --> 00:14:24.480
I think everyone's pretty keen for it.

00:14:24.880 --> 00:14:25.682
They did a really big,

00:14:26.717 --> 00:14:28.879
big write-up for the proposal.

00:14:30.119 --> 00:14:31.139
But that wasn't, was that them?

00:14:31.179 --> 00:14:32.240
Or was that like a, was that like an,

00:14:32.259 --> 00:14:33.561
I don't know who did that.

00:14:33.581 --> 00:14:35.022
It was a. Abdullah Umar.

00:14:35.101 --> 00:14:37.643
I think he's like part of Uniswap.

00:14:38.582 --> 00:14:38.942
Oh, okay.

00:14:39.023 --> 00:14:39.442
All right.

00:14:40.124 --> 00:14:40.443
That's cool.

00:14:40.543 --> 00:14:43.264
Or, or, or as a way today,

00:14:43.284 --> 00:14:46.086
a entity that has no direct

00:14:46.145 --> 00:14:47.006
ownership of Uniswap,

00:14:47.047 --> 00:14:48.807
but somehow we build the code for,

00:14:48.866 --> 00:14:49.587
and somebody else totally

00:14:49.628 --> 00:14:50.408
runs and it's fine.

00:14:50.447 --> 00:14:52.788
Like we have no legal responsibility, blah,

00:14:52.808 --> 00:14:53.229
blah, blah.

00:14:53.288 --> 00:14:54.509
Like as all of them, right?

00:14:54.970 --> 00:14:55.070
Yeah.

00:14:55.605 --> 00:14:57.326
It's like all of the open sources thing.

00:14:57.486 --> 00:14:58.586
Somebody else uses a DYDX.

00:14:58.606 --> 00:14:59.486
We're totally cool with them

00:14:59.547 --> 00:15:00.167
using that name.

00:15:00.206 --> 00:15:00.767
It's not us.

00:15:02.008 --> 00:15:02.368
Yeah.

00:15:02.567 --> 00:15:02.827
Yeah.

00:15:02.847 --> 00:15:03.768
That's exactly what it is.

00:15:04.207 --> 00:15:05.328
That's the foundation.

00:15:05.369 --> 00:15:07.969
You see, that's not, that's not the, no,

00:15:08.009 --> 00:15:09.429
we're, we're just a lab.

00:15:09.450 --> 00:15:10.710
We're just a lab.

00:15:11.009 --> 00:15:12.610
If somebody takes it and creates one.

00:15:14.171 --> 00:15:14.811
So in that sense,

00:15:14.870 --> 00:15:16.011
if somebody else created a

00:15:16.032 --> 00:15:17.792
DYDX chain and marked it

00:15:17.812 --> 00:15:19.513
DYDX and registered DYDX

00:15:19.552 --> 00:15:21.692
dot something else and try to copy it,

00:15:22.452 --> 00:15:23.394
would they have any sort of

00:15:23.433 --> 00:15:24.394
intellectual property rights?

00:15:29.403 --> 00:15:29.643
I mean,

00:15:29.663 --> 00:15:31.504
I guess that first demands the

00:15:31.524 --> 00:15:32.004
question of,

00:15:32.784 --> 00:15:33.885
have they registered any sort

00:15:33.926 --> 00:15:34.905
of copyright?

00:15:36.187 --> 00:15:36.486
I don't know,

00:15:36.586 --> 00:15:37.408
but like they have a

00:15:37.427 --> 00:15:38.587
trademark or anything on do IDX.

00:15:38.707 --> 00:15:39.109
I don't know.

00:15:39.808 --> 00:15:40.448
I don't know.

00:15:40.668 --> 00:15:40.830
I mean,

00:15:40.850 --> 00:15:42.429
that'd be expensive because do IDX

00:15:42.490 --> 00:15:42.931
is global.

00:15:42.951 --> 00:15:45.152
So you have to have a trademark globally.

00:15:46.592 --> 00:15:49.313
So why not launch the

00:15:49.333 --> 00:15:50.534
Dominican Republic or something?

00:15:50.995 --> 00:15:51.855
Totally not us, dude.

00:15:52.336 --> 00:15:53.657
We just, we just build the software.

00:15:56.229 --> 00:15:57.450
I wonder if that actually works.

00:15:58.071 --> 00:15:59.392
I guess it hasn't been really tested yet,

00:15:59.432 --> 00:15:59.572
right?

00:16:04.495 --> 00:16:05.976
Okay, I see what's going on here.

00:16:06.076 --> 00:16:07.817
So they're currently voting

00:16:07.857 --> 00:16:12.360
on the incentives for the V3.

00:16:12.380 --> 00:16:12.922
So it looks like the

00:16:12.942 --> 00:16:22.017
consensus is $500,000.

00:16:22.017 --> 00:16:23.177
I think like Uniswap and

00:16:23.197 --> 00:16:24.719
DYDX are pretty similar in terms of,

00:16:24.899 --> 00:16:25.119
I think,

00:16:25.158 --> 00:16:26.379
don't they trade spots on the

00:16:27.360 --> 00:16:31.543
largest decks kind of by

00:16:31.582 --> 00:16:32.722
trading volume moniker or

00:16:32.743 --> 00:16:33.344
something like that?

00:16:35.284 --> 00:16:36.846
How do you mean?

00:16:36.885 --> 00:16:38.346
Just like the number of

00:16:38.407 --> 00:16:39.187
pools and the amount of

00:16:39.307 --> 00:16:40.427
actual trades that are occurring.

00:16:40.447 --> 00:16:41.849
I think Uniswap and DYDX

00:16:41.889 --> 00:16:44.110
always like are top two type of thing.

00:16:44.129 --> 00:16:45.451
Like a DeFi Lama kind of thing?

00:16:45.490 --> 00:16:46.051
Let's see.

00:16:47.111 --> 00:16:48.052
Yeah, I guess it would be DeFi Lama.

00:16:48.111 --> 00:16:50.134
It would be the authoritative source.

00:16:51.160 --> 00:16:51.802
Well, yeah.

00:16:52.842 --> 00:16:53.503
Defy Lama.

00:16:54.004 --> 00:16:54.543
Defy Lama.

00:16:56.144 --> 00:17:00.188
Man, I really need to sort out my camera.

00:17:00.489 --> 00:17:02.870
At least your microphone's working.

00:17:03.351 --> 00:17:03.511
Oh, wait.

00:17:03.532 --> 00:17:04.093
Is that a new mic?

00:17:05.213 --> 00:17:06.835
I'm back at the office.

00:17:06.914 --> 00:17:07.315
Oh, yeah.

00:17:07.335 --> 00:17:07.816
You're back home.

00:17:08.276 --> 00:17:09.057
Yeah.

00:17:09.576 --> 00:17:11.479
Last week, I'm looking at your audio.

00:17:11.499 --> 00:17:12.539
I'm like, oh, my God.

00:17:12.579 --> 00:17:13.060
Why didn't anybody...

00:17:14.025 --> 00:17:15.605
tell you to fix that shit it

00:17:15.625 --> 00:17:16.146
seemed like you're on the

00:17:16.166 --> 00:17:17.126
wrong microphone and

00:17:17.867 --> 00:17:18.989
literally living inside of

00:17:19.009 --> 00:17:22.111
an aluminum can trying to

00:17:22.151 --> 00:17:23.531
take out the echo from your

00:17:23.612 --> 00:17:25.272
shit you gotta keep by a

00:17:25.333 --> 00:17:26.294
rug for that place or what

00:17:28.154 --> 00:17:30.436
yeah I've like uh we're

00:17:30.517 --> 00:17:31.438
gonna leave there man I

00:17:31.458 --> 00:17:32.919
fucking hate that place oh

00:17:32.959 --> 00:17:34.160
really oh you were renting

00:17:34.180 --> 00:17:35.641
it right yeah all right

00:17:35.661 --> 00:17:38.923
well we're moving north uh

00:17:38.982 --> 00:17:40.064
so I'm looking for a house

00:17:40.144 --> 00:17:41.224
up in brisbane if anyone

00:17:41.305 --> 00:17:42.164
wants to sell me one cheap

00:17:42.224 --> 00:17:42.905
it's not a shithole

00:17:43.902 --> 00:17:44.342
Oh, you are?

00:17:44.501 --> 00:17:49.384
I thought you had to stay in the South.

00:17:50.924 --> 00:17:51.105
Nope.

00:17:51.404 --> 00:17:52.066
For other reasons.

00:17:52.205 --> 00:17:52.405
No?

00:17:52.705 --> 00:17:53.306
Brisbane's okay?

00:17:53.326 --> 00:17:53.506
Yeah.

00:17:54.006 --> 00:17:54.207
Yeah.

00:17:55.498 --> 00:17:57.118
Okay, cool.

00:17:57.278 --> 00:17:58.980
Yes, but man, I'll tell you what,

00:17:59.020 --> 00:18:00.682
buying a house in Brisbane is hard.

00:18:00.961 --> 00:18:02.923
They are fucking expensive now.

00:18:03.144 --> 00:18:04.424
Like they've just gone batshit.

00:18:05.405 --> 00:18:07.867
So I kind of feel like we might be buying,

00:18:07.887 --> 00:18:08.868
you know, in a bubble,

00:18:08.929 --> 00:18:10.470
but... It has to be less

00:18:10.490 --> 00:18:12.692
than... If you keep it for 20 years,

00:18:12.711 --> 00:18:13.271
who gives a fuck?

00:18:13.873 --> 00:18:14.953
It has to be less than Melbourne, right?

00:18:16.734 --> 00:18:16.934
Yeah,

00:18:16.974 --> 00:18:20.038
it's like probably not as savage as

00:18:20.077 --> 00:18:21.999
Melbourne and Sydney,

00:18:22.299 --> 00:18:25.082
but it is definitely like on a pump.

00:18:26.086 --> 00:18:26.307
Really?

00:18:27.208 --> 00:18:28.868
Melbourne is where your DC is, isn't it?

00:18:29.930 --> 00:18:31.451
Yeah, we'll move our shit.

00:18:32.451 --> 00:18:34.752
Don't complicate things, dude.

00:18:34.873 --> 00:18:36.773
There's another DC of the

00:18:36.814 --> 00:18:40.297
same brand in Brisbane.

00:18:40.777 --> 00:18:41.657
I smell a road trip.

00:18:41.817 --> 00:18:42.377
It's a Tier 4.

00:18:43.278 --> 00:18:44.519
We're currently in a Tier 3

00:18:44.519 --> 00:18:45.861
and the Brisbane one's a Tier 4,

00:18:45.861 --> 00:18:49.863
so we'll probably move.

00:18:51.243 --> 00:18:51.884
Maybe I'll fly in.

00:18:51.904 --> 00:18:53.385
Yeah.

00:18:54.093 --> 00:18:54.633
I'll fly in.

00:18:54.794 --> 00:18:55.193
Let's do that.

00:18:55.354 --> 00:18:56.115
We could do like a Thelma

00:18:56.154 --> 00:18:56.734
and Louise thing.

00:18:56.835 --> 00:18:58.836
We'll fly to Melbourne, pick me up,

00:18:59.356 --> 00:19:00.038
get a convertible,

00:19:00.077 --> 00:19:00.877
throw the server in the back.

00:19:00.897 --> 00:19:02.519
We'll drive right to Brisbane.

00:19:02.559 --> 00:19:03.661
Yeah, I'll bring the work bus.

00:19:05.241 --> 00:19:06.142
Yeah, man, we can do a road trip.

00:19:06.163 --> 00:19:08.163
Throw it in the back of the ute, whatever.

00:19:08.724 --> 00:19:09.085
The ute?

00:19:09.545 --> 00:19:09.865
The ute.

00:19:10.586 --> 00:19:11.386
Do a road trip.

00:19:11.586 --> 00:19:12.507
What is that, like 12, 14 hours?

00:19:15.548 --> 00:19:17.631
uh it's a Brisbane shit man

00:19:17.711 --> 00:19:19.113
it's like uh can you cut

00:19:19.153 --> 00:19:19.933
across or you have to go

00:19:19.973 --> 00:19:20.795
around you have to you

00:19:20.815 --> 00:19:21.476
don't have to go around

00:19:21.516 --> 00:19:24.179
like the whole way it'd be

00:19:24.179 --> 00:19:26.162
16 hours I'd say is there

00:19:26.182 --> 00:19:26.982
like an actual road that

00:19:27.143 --> 00:19:28.724
like somewhat goes direct

00:19:28.765 --> 00:19:29.926
or you have to do some fucked up

00:19:32.528 --> 00:19:33.869
If you were going that far,

00:19:33.950 --> 00:19:36.092
you would cut across to

00:19:36.152 --> 00:19:38.134
Sydney and then go from

00:19:38.173 --> 00:19:38.994
Sydney to Brisbane.

00:19:39.335 --> 00:19:39.895
Because otherwise you're

00:19:39.915 --> 00:19:40.556
sleeping in the car.

00:19:40.796 --> 00:19:44.480
There's literally just

00:19:44.519 --> 00:19:45.500
desert between those two.

00:19:46.862 --> 00:19:47.821
From where I am now to

00:19:48.083 --> 00:19:50.044
Melbourne is 12 hours.

00:19:50.325 --> 00:19:51.665
And then from where I am now to...

00:19:53.226 --> 00:19:54.586
To Brisbane is like six

00:19:54.646 --> 00:19:56.048
hours and it's sort of in the middle.

00:19:57.028 --> 00:19:59.269
So it's like 18 hours.

00:19:59.950 --> 00:20:00.150
Wow.

00:20:01.010 --> 00:20:02.852
But if you went like the coast way,

00:20:02.892 --> 00:20:03.932
the roads are a lot better

00:20:04.133 --> 00:20:07.315
and you can cruise on faster, like 110.

00:20:07.315 --> 00:20:10.076
I thought my idea was cool,

00:20:10.096 --> 00:20:11.237
but now I'm kind of second

00:20:11.257 --> 00:20:11.977
guessing that whole idea.

00:20:13.778 --> 00:20:14.858
I'll pick you up at Sydney at the airport.

00:20:15.159 --> 00:20:15.559
There you go.

00:20:20.623 --> 00:20:21.223
At Romer's house.

00:20:21.263 --> 00:20:22.085
I'll just go to Romer's house.

00:20:22.105 --> 00:20:23.747
So I get to drive 12 hours

00:20:23.807 --> 00:20:27.951
to Melbourne and then 10 hours, well, six,

00:20:28.011 --> 00:20:29.634
seven hours to Sydney.

00:20:29.653 --> 00:20:30.315
Yeah.

00:20:30.654 --> 00:20:31.757
Pick you up and then we can

00:20:31.797 --> 00:20:32.557
do the next world.

00:20:32.597 --> 00:20:33.157
Yeah.

00:20:33.278 --> 00:20:33.479
Yeah.

00:20:33.638 --> 00:20:34.180
That sounds like a plan.

00:20:36.298 --> 00:20:37.220
Fly to Brisbane.

00:20:38.442 --> 00:20:39.042
Sick trip.

00:20:40.084 --> 00:20:41.685
That's a long way to fly to

00:20:41.766 --> 00:20:43.909
just drive in a car on a highway though.

00:20:44.589 --> 00:20:44.830
True.

00:20:45.592 --> 00:20:46.452
It's not like, you know,

00:20:46.532 --> 00:20:48.596
the interstate in America.

00:20:48.615 --> 00:20:49.837
There's nothing to do on the highway.

00:20:49.897 --> 00:20:50.238
It's just...

00:20:51.358 --> 00:20:53.019
you drive just straight

00:20:53.760 --> 00:20:55.701
there's no like cool cafes

00:20:55.721 --> 00:20:56.823
with like cars on the roof

00:20:56.863 --> 00:20:57.782
or anything like that it's

00:20:57.803 --> 00:21:01.205
just fucking yeah it's just

00:21:01.705 --> 00:21:05.127
movies man I know yeah in

00:21:05.167 --> 00:21:07.289
america yeah but australia

00:21:07.309 --> 00:21:09.290
is like we've got no highway culture here

00:21:14.540 --> 00:21:18.323
i was just checking to see

00:21:18.343 --> 00:21:19.143
that the video was still

00:21:19.163 --> 00:21:20.864
working no I was sorry I

00:21:20.903 --> 00:21:23.766
was uh to answer your

00:21:23.865 --> 00:21:27.186
question uh rama no I i

00:21:29.587 --> 00:21:30.348
don't remember where you

00:21:30.368 --> 00:21:31.269
sent it I'm pretty sure it

00:21:31.308 --> 00:21:34.510
was my po box and that has

00:21:34.570 --> 00:21:36.131
not arrived I think you

00:21:36.211 --> 00:21:37.291
might have been like

00:21:39.125 --> 00:21:40.567
Rugged by Ben Davis.

00:21:40.586 --> 00:21:42.328
He's taking your money and

00:21:42.388 --> 00:21:45.292
he's bought himself a gelato.

00:21:47.695 --> 00:21:52.843
Why is Ben sending Marama packages to you?

00:21:54.231 --> 00:21:55.913
I think like you can't get

00:21:55.953 --> 00:21:58.596
the same caliber of dildo in Australia.

00:21:58.676 --> 00:22:02.000
So, you know, like the big horse ones.

00:22:03.521 --> 00:22:04.522
But why is it going to you?

00:22:04.563 --> 00:22:05.644
Are you judging it?

00:22:05.804 --> 00:22:07.365
Are you safety testing it?

00:22:07.405 --> 00:22:08.707
Like, what are you doing?

00:22:08.747 --> 00:22:10.147
I think like as an already

00:22:10.249 --> 00:22:11.630
doxed intermediary.

00:22:13.231 --> 00:22:13.711
Oh, really?

00:22:13.731 --> 00:22:14.393
Is that what it is?

00:22:15.790 --> 00:22:16.431
Well, no,

00:22:16.451 --> 00:22:17.511
I think it was because I have a

00:22:17.531 --> 00:22:18.592
PO box and he doesn't.

00:22:18.853 --> 00:22:20.173
So you can just send it to

00:22:20.192 --> 00:22:21.673
my PO box instead of his house.

00:22:22.253 --> 00:22:22.835
That's so funny.

00:22:22.855 --> 00:22:24.394
Because I already know where he lives.

00:22:26.296 --> 00:22:27.977
If you want Rama's address,

00:22:28.017 --> 00:22:29.278
just hit me up.

00:22:29.337 --> 00:22:30.858
I'll sell it to you.

00:22:30.939 --> 00:22:33.099
To a PO box like six hours away.

00:22:33.119 --> 00:22:36.461
It's inconvenient.

00:22:36.902 --> 00:22:38.663
I don't know if Rama knows this,

00:22:38.722 --> 00:22:40.163
but you can just register a...

00:22:42.413 --> 00:22:42.532
uh,

00:22:42.993 --> 00:22:44.335
we have these things over here called a

00:22:44.375 --> 00:22:45.474
parcel locker and you just

00:22:45.535 --> 00:22:46.776
register the parcel locker

00:22:46.875 --> 00:22:47.696
and then you can just get

00:22:47.737 --> 00:22:48.917
it sent to the post office

00:22:48.998 --> 00:22:49.698
and then you pick it up.

00:22:50.157 --> 00:22:52.160
Like it doesn't cost you anything either.

00:22:52.359 --> 00:22:52.680
It's free.

00:22:54.601 --> 00:22:55.182
So instead,

00:22:55.241 --> 00:22:56.482
like it's getting sent to me

00:22:56.522 --> 00:22:58.364
and then I have to send it to him.

00:22:59.023 --> 00:22:59.464
So, yeah.

00:23:00.085 --> 00:23:00.265
Right.

00:23:00.404 --> 00:23:01.086
That's, that's,

00:23:01.105 --> 00:23:02.165
that's a weird Australian thing.

00:23:02.666 --> 00:23:02.946
That's like,

00:23:02.987 --> 00:23:03.666
like Schultz and I are

00:23:03.686 --> 00:23:05.268
probably 20 hours away driving.

00:23:05.648 --> 00:23:06.328
That's like somebody trying

00:23:06.348 --> 00:23:06.709
to send it to me.

00:23:06.729 --> 00:23:07.609
I'm like, no, send it to a,

00:23:08.269 --> 00:23:09.131
send it to a gas station

00:23:09.171 --> 00:23:09.951
next to Schultz's house.

00:23:09.971 --> 00:23:10.511
Right.

00:23:11.472 --> 00:23:12.974
I'll just I'll just I'll try

00:23:12.974 --> 00:23:16.219
20 hours over yeah it's

00:23:16.259 --> 00:23:18.561
fine yeah so robin says

00:23:18.642 --> 00:23:20.824
it's it was a reason it was

00:23:20.864 --> 00:23:23.406
a reason to see me but oh

00:23:23.426 --> 00:23:24.628
like it's like he's coming

00:23:24.648 --> 00:23:26.111
to pick it up it's like I

00:23:26.131 --> 00:23:27.932
have to drive it there it's

00:23:27.972 --> 00:23:29.374
very kind that's very nice

00:23:30.083 --> 00:23:31.503
very kind of you I get to

00:23:31.584 --> 00:23:34.767
deliver your thing um so

00:23:34.807 --> 00:23:35.666
yeah I guess I'm going to

00:23:35.707 --> 00:23:36.867
rama's house at some point

00:23:37.509 --> 00:23:38.189
how come we're not getting

00:23:38.209 --> 00:23:39.170
packages from ben davis

00:23:39.470 --> 00:23:40.371
davis that's a question

00:23:41.632 --> 00:23:42.392
well I guess you really

00:23:42.412 --> 00:23:43.553
want packages from ben

00:23:43.573 --> 00:23:45.375
davis if he sends it to

00:23:45.414 --> 00:23:49.037
schultz's house no yes send

00:23:49.076 --> 00:23:50.417
it to the service it's an

00:23:50.458 --> 00:23:51.558
excuse to see schultz he

00:23:51.598 --> 00:23:53.961
sent it to the uh to the um

00:23:55.201 --> 00:23:56.603
processed meat place around

00:23:56.623 --> 00:23:57.804
the corner from schultz's house

00:23:59.551 --> 00:23:59.852
Ah, yes.

00:23:59.872 --> 00:24:01.113
The Tillamook outlet factory.

00:24:01.313 --> 00:24:01.953
It's very good.

00:24:02.733 --> 00:24:04.275
You've just doxxed yourself, man.

00:24:04.894 --> 00:24:05.596
At least I called it a

00:24:05.655 --> 00:24:06.536
processed meat place.

00:24:07.436 --> 00:24:07.876
Processed.

00:24:07.896 --> 00:24:08.397
Not really.

00:24:08.417 --> 00:24:08.758
I mean,

00:24:08.778 --> 00:24:10.919
everyone knows I'm in Portland or Oregon,

00:24:10.999 --> 00:24:11.839
so it doesn't really help.

00:24:11.960 --> 00:24:12.299
Oregon.

00:24:12.539 --> 00:24:13.641
Boy, I was really wrong on this.

00:24:14.141 --> 00:24:15.201
I'm looking at DeFi Llama.

00:24:15.642 --> 00:24:15.902
Number one,

00:24:15.922 --> 00:24:17.242
I didn't realize EigenLayer has

00:24:17.242 --> 00:24:17.863
$11.9 billion.

00:24:20.224 --> 00:24:22.347
In TVL unrestaking?

00:24:23.269 --> 00:24:23.869
I don't really understand

00:24:23.890 --> 00:24:24.751
how that works because

00:24:24.771 --> 00:24:26.012
they're in testnet right now.

00:24:26.032 --> 00:24:26.994
They're not in mainnet.

00:24:27.115 --> 00:24:28.457
So what does that mean?

00:24:28.477 --> 00:24:29.018
I don't know.

00:24:29.478 --> 00:24:30.159
It's one whale.

00:24:30.920 --> 00:24:31.441
Who is this?

00:24:32.596 --> 00:24:34.719
eigen layer eigen layer so

00:24:34.759 --> 00:24:35.740
and then at least according

00:24:35.779 --> 00:24:37.681
to this uniswap has 5.8

00:24:37.681 --> 00:24:41.825
billion in tvl and dydx is

00:24:42.285 --> 00:24:44.166
basically one-tenth of that

00:24:44.767 --> 00:24:46.288
at 503 million but that

00:24:46.327 --> 00:24:47.930
doesn't seem I don't know I

00:24:47.950 --> 00:24:48.549
don't know if this is

00:24:48.630 --> 00:24:49.830
exactly maybe I need to

00:24:50.192 --> 00:24:51.413
maybe my fill turn ain't

00:24:51.452 --> 00:24:54.234
right yeah maybe it's not

00:24:54.275 --> 00:24:56.297
tvl because that suggests

00:24:56.317 --> 00:24:57.317
like pools and stuff maybe

00:24:57.336 --> 00:24:59.679
it's just trade volume yeah yeah

00:25:02.013 --> 00:25:02.554
One thing I'm curious

00:25:02.574 --> 00:25:03.075
about... I don't know this

00:25:03.095 --> 00:25:03.595
shit well enough.

00:25:04.536 --> 00:25:05.516
Have you guys seen that

00:25:06.517 --> 00:25:08.858
Osmosis is planning to do... Well,

00:25:08.878 --> 00:25:09.900
I guess it was released an hour ago,

00:25:09.920 --> 00:25:10.740
so probably haven't seen it.

00:25:12.040 --> 00:25:14.542
Osmosis is planning on doing alloy assets.

00:25:14.702 --> 00:25:15.884
So if you remember the

00:25:15.923 --> 00:25:18.244
bridge wars from a couple years back,

00:25:18.766 --> 00:25:20.946
Gravity Bridge versus Nomad versus Axelar,

00:25:21.587 --> 00:25:23.108
there was a huge to-do

00:25:25.851 --> 00:25:27.692
about not combining assets

00:25:27.731 --> 00:25:28.712
because it would be too confusing.

00:25:29.133 --> 00:25:29.692
And now they're going to

00:25:29.712 --> 00:25:30.634
turn it into an alloy asset.

00:25:31.547 --> 00:25:32.946
where you, in theory,

00:25:33.027 --> 00:25:34.587
have one pool and have a

00:25:34.627 --> 00:25:36.067
bunch of different, let's say, ETH,

00:25:36.387 --> 00:25:38.148
like Polygon ETH, Axelar ETH,

00:25:38.229 --> 00:25:41.108
Wormhole ETH, all in the same pool.

00:25:41.128 --> 00:25:43.329
And then on the front end,

00:25:43.869 --> 00:25:45.471
Osmosis then only has the one asset.

00:25:46.931 --> 00:25:47.671
How do you feel about that?

00:25:48.530 --> 00:25:48.750
To me,

00:25:48.770 --> 00:25:50.971
that seems like you're making one

00:25:51.011 --> 00:25:52.271
bridged asset more

00:25:52.291 --> 00:25:54.573
unreliable because now it's different.

00:25:54.593 --> 00:25:55.073
How does that work?

00:25:57.587 --> 00:25:58.147
I'm not really sure.

00:25:58.808 --> 00:25:59.489
My imagining is they're

00:25:59.509 --> 00:26:02.230
trying to kind of mimic the

00:26:02.269 --> 00:26:03.770
way a centralized exchange does it,

00:26:03.790 --> 00:26:04.010
right?

00:26:04.070 --> 00:26:04.971
Because centralized exchange,

00:26:05.010 --> 00:26:05.671
you just have ETH,

00:26:05.951 --> 00:26:07.271
and you send on a specific network,

00:26:07.311 --> 00:26:07.511
right?

00:26:07.872 --> 00:26:08.692
Yeah.

00:26:09.813 --> 00:26:10.594
I guess the question is,

00:26:11.374 --> 00:26:12.394
how do they combine it?

00:26:12.413 --> 00:26:15.675
Because for a centralized exchange,

00:26:15.695 --> 00:26:16.195
they're just using a

00:26:16.236 --> 00:26:17.195
database in the background,

00:26:17.215 --> 00:26:18.537
so it's easier to keep track of it.

00:26:19.096 --> 00:26:19.257
Yeah.

00:26:22.159 --> 00:26:23.798
I suppose Osmosis is just a database.

00:26:23.818 --> 00:26:25.099
I don't know.

00:26:26.141 --> 00:26:27.561
it's pretty cool uh david

00:26:27.602 --> 00:26:28.663
rogers says already works

00:26:28.682 --> 00:26:30.545
for gelato to injective

00:26:30.565 --> 00:26:31.425
gelato is that it's not

00:26:31.445 --> 00:26:36.009
gelato is it yeah david we

00:26:36.029 --> 00:26:38.070
need more information yeah

00:26:38.192 --> 00:26:39.011
give us more information

00:26:39.031 --> 00:26:41.974
there this is probably I'm

00:26:42.055 --> 00:26:43.236
following that link I'm

00:26:43.256 --> 00:26:46.699
probably gonna get like you

00:26:46.719 --> 00:26:49.000
know something bad happened what link

00:26:50.386 --> 00:26:54.347
The ing.glto.

00:26:55.489 --> 00:26:55.788
Gotcha.

00:26:56.568 --> 00:26:59.750
Except it goes to search.

00:27:00.470 --> 00:27:02.371
It doesn't recognize that as

00:27:02.391 --> 00:27:03.891
a... I don't think it's a domain.

00:27:03.911 --> 00:27:04.932
I think it's just a token.

00:27:07.412 --> 00:27:09.113
Not to point out the obvious, but...

00:27:10.259 --> 00:27:13.602
interesting so david are you

00:27:13.622 --> 00:27:14.863
saying that injective

00:27:14.962 --> 00:27:17.025
already has this or that

00:27:17.065 --> 00:27:19.727
gelato kind of merges okay

00:27:19.747 --> 00:27:20.587
so it's just that just the

00:27:20.627 --> 00:27:22.450
gelato token interesting I

00:27:22.470 --> 00:27:24.211
think that's pretty cool um

00:27:25.751 --> 00:27:29.635
peggy dot so but so osmosis

00:27:29.695 --> 00:27:30.836
is going to so that's going

00:27:30.856 --> 00:27:32.137
to still be in the ui all

00:27:32.157 --> 00:27:32.858
those types of things right

00:27:33.935 --> 00:27:34.175
Correct.

00:27:34.215 --> 00:27:35.036
It seems like it's just

00:27:35.056 --> 00:27:35.976
going to have a single ETH.

00:27:36.395 --> 00:27:37.997
And what I don't understand

00:27:38.057 --> 00:27:40.057
is how do you then withdraw, right?

00:27:40.076 --> 00:27:41.076
Like how do you have some

00:27:41.096 --> 00:27:42.397
level of control over your

00:27:42.498 --> 00:27:43.117
assets if you don't

00:27:43.157 --> 00:27:44.438
actually know what kind of ETH you have?

00:27:45.478 --> 00:27:45.637
Right.

00:27:45.758 --> 00:27:46.038
Right.

00:27:46.577 --> 00:27:49.058
Because I typically, if I go for ETH,

00:27:49.179 --> 00:27:50.818
I go for Axel or ETH

00:27:50.838 --> 00:27:52.019
because then it's easier to get out.

00:27:53.220 --> 00:27:53.359
Well,

00:27:53.380 --> 00:27:56.319
maybe it's like a CEX where you like

00:27:56.359 --> 00:27:57.760
select it when you're withdrawing it.

00:27:57.780 --> 00:27:59.621
Hmm.

00:28:01.075 --> 00:28:01.935
Yeah, that makes sense.

00:28:02.155 --> 00:28:03.518
Except what if, okay,

00:28:03.538 --> 00:28:04.298
but if you go to your,

00:28:04.417 --> 00:28:05.500
like your capital one, you say, Ooh,

00:28:05.539 --> 00:28:07.481
I want to do an IBC send of my ETH,

00:28:08.221 --> 00:28:08.462
right?

00:28:09.443 --> 00:28:10.003
If you don't know what kind

00:28:10.023 --> 00:28:10.644
of ETH you have,

00:28:13.007 --> 00:28:13.567
you don't know how it's

00:28:13.587 --> 00:28:14.669
going to arrive on the next chain.

00:28:15.289 --> 00:28:16.150
I'm curious what they're going to do.

00:28:18.492 --> 00:28:19.374
My question is like,

00:28:19.433 --> 00:28:20.355
what happens if one of the

00:28:20.414 --> 00:28:22.096
bridges gets rubbed?

00:28:23.253 --> 00:28:24.994
That's my concern, and that's why,

00:28:25.214 --> 00:28:27.037
originally, Osmosis didn't want to do it.

00:28:27.217 --> 00:28:28.478
That's why Osmosis was like, okay,

00:28:28.498 --> 00:28:29.218
we need to have our bridge

00:28:29.258 --> 00:28:31.799
wars between Gravity Bridge, Axelar,

00:28:31.859 --> 00:28:33.121
and Nomad to see what happened.

00:28:33.361 --> 00:28:36.722
Now, Nomad, of course, ended Avmos,

00:28:36.762 --> 00:28:37.844
basically, because they got hacked.

00:28:38.285 --> 00:28:39.905
But if Osmosis had had all three,

00:28:40.405 --> 00:28:42.607
then Osmosis also would

00:28:42.627 --> 00:28:43.928
have gone down by that exploit.

00:28:45.028 --> 00:28:47.111
So, in the example they show,

00:28:47.151 --> 00:28:51.693
they have Eeth from Gravity Bridge...

00:28:52.594 --> 00:28:56.923
Yield, Brax, XLR, and a couple other ones,

00:28:57.083 --> 00:28:57.523
Coinbase.

00:28:58.546 --> 00:28:59.828
If one of those bridges goes down,

00:29:00.289 --> 00:29:01.673
then what are they going to do?

00:29:01.692 --> 00:29:02.734
How are they going to

00:29:04.490 --> 00:29:08.013
I suppose you could use it as like a,

00:29:09.074 --> 00:29:11.576
like if they were like, okay,

00:29:11.875 --> 00:29:13.676
let's change the premise

00:29:13.718 --> 00:29:15.358
here of what the purpose of this is.

00:29:15.979 --> 00:29:17.680
Like rather than having it

00:29:17.700 --> 00:29:22.463
to obfuscate the backend bridge so that,

00:29:22.884 --> 00:29:24.525
you know, it's easier to use.

00:29:25.486 --> 00:29:26.486
What if it was,

00:29:26.606 --> 00:29:28.208
this product was actually

00:29:28.448 --> 00:29:29.729
as a risk aggregator

00:29:30.368 --> 00:29:31.349
between the bridges and

00:29:32.006 --> 00:29:33.748
So you could at any one time

00:29:33.827 --> 00:29:36.671
see what the... You could

00:29:36.691 --> 00:29:37.811
bring up the status page

00:29:37.852 --> 00:29:39.252
for that pool or whatever

00:29:39.292 --> 00:29:40.894
they want to call it, the aggregator.

00:29:41.496 --> 00:29:44.238
You could see how much percent is axilla,

00:29:44.298 --> 00:29:46.621
how much percent is gravity, for example.

00:29:48.241 --> 00:29:50.944
And then if one of them gets rugged,

00:29:51.045 --> 00:29:51.405
then the...

00:29:55.678 --> 00:29:57.959
uh value that you can

00:29:57.999 --> 00:29:59.559
withdraw per token sort of

00:30:00.200 --> 00:30:01.661
gets distributed amongst

00:30:01.760 --> 00:30:05.162
the the pool so like you

00:30:05.182 --> 00:30:09.023
know if say if it's uh 30

00:30:09.023 --> 00:30:09.784
across three different

00:30:09.804 --> 00:30:11.065
bridges and then one of

00:30:11.105 --> 00:30:12.865
them gets hacked then your

00:30:13.105 --> 00:30:16.186
one usd is now worth 67

00:30:16.186 --> 00:30:17.347
cents instead of a dollar

00:30:18.355 --> 00:30:18.536
Yeah.

00:30:18.655 --> 00:30:19.537
So it's like a risk

00:30:19.596 --> 00:30:20.877
aggregator amongst all of

00:30:20.959 --> 00:30:23.040
the available back ends.

00:30:23.320 --> 00:30:26.483
I think that could work particularly

00:30:28.576 --> 00:30:30.096
If there was something like that available,

00:30:30.917 --> 00:30:36.362
even if it's like UST, USDC, USDT,

00:30:36.663 --> 00:30:38.564
fucking, I don't know, IST,

00:30:38.584 --> 00:30:40.005
whatever other ones there are in there.

00:30:40.986 --> 00:30:43.188
And you just add like a big

00:30:43.268 --> 00:30:44.888
old USD aggregator.

00:30:45.789 --> 00:30:46.931
If one of them, you know,

00:30:47.191 --> 00:30:49.011
if USDT turns out to

00:30:49.051 --> 00:30:50.432
finally be like a scam,

00:30:51.013 --> 00:30:53.395
then you've got like some, you know,

00:30:54.316 --> 00:30:54.836
shower thoughts.

00:30:56.949 --> 00:30:57.929
No, that's interesting point.

00:30:58.028 --> 00:30:59.569
I mean, I, I do like that idea.

00:30:59.730 --> 00:31:02.730
Like you, I,

00:31:03.070 --> 00:31:05.471
we assume right now that USDC

00:31:05.491 --> 00:31:08.093
and noble is more secure than axelar,

00:31:08.133 --> 00:31:09.554
but axelar hasn't had a hack yet.

00:31:09.673 --> 00:31:09.854
Right.

00:31:10.193 --> 00:31:12.815
But noble's getting more and more, um,

00:31:14.075 --> 00:31:15.695
let's see, uh, influential.

00:31:15.715 --> 00:31:20.678
If we can de-risk using USDT

00:31:20.778 --> 00:31:23.659
axelar and just have like a core USDC.

00:31:24.878 --> 00:31:25.380
You're right.

00:31:25.400 --> 00:31:26.220
I think I like that idea.

00:31:28.314 --> 00:31:33.416
I mean, yeah, it's just like a brain fart.

00:31:33.856 --> 00:31:36.598
Could be cool.

00:31:38.940 --> 00:31:39.721
It does seem pretty cool.

00:31:40.161 --> 00:31:41.281
And the idea of, I guess,

00:31:41.321 --> 00:31:42.241
are Cosmos and pools?

00:31:42.281 --> 00:31:43.542
Is that a way of being able to say it?

00:31:43.583 --> 00:31:44.083
Or some sort of

00:31:44.763 --> 00:31:46.904
contract-based pool that

00:31:46.964 --> 00:31:49.165
has that bridge component to it?

00:31:49.266 --> 00:31:50.186
I mean, it's pretty neat.

00:31:51.385 --> 00:31:52.548
Someone build it and then

00:31:52.667 --> 00:31:55.071
like airdrop me some thanks.

00:31:55.993 --> 00:31:57.195
Some thanks.

00:31:58.017 --> 00:31:58.858
Some thanks, man.

00:32:00.843 --> 00:32:04.467
so and then and then uh and

00:32:04.487 --> 00:32:06.048
david said sorry uh the

00:32:06.868 --> 00:32:07.970
this pool I'll put it if

00:32:08.009 --> 00:32:08.830
you guys want I'll put a

00:32:08.990 --> 00:32:09.672
link in the show notes too

00:32:09.692 --> 00:32:10.313
because I was just looking

00:32:10.333 --> 00:32:10.972
at different there's a

00:32:10.992 --> 00:32:12.734
couple different osmosis uh

00:32:12.855 --> 00:32:14.096
injective gelato slash

00:32:14.115 --> 00:32:16.318
gelato pools um and they're

00:32:16.338 --> 00:32:17.819
all one-to-one pools so the

00:32:17.839 --> 00:32:18.901
pool regards the pool

00:32:18.941 --> 00:32:19.821
trades one-to-one

00:32:19.862 --> 00:32:20.942
regardless of price which I

00:32:20.962 --> 00:32:22.424
guess that does make sense

00:32:22.744 --> 00:32:24.185
obviously minus fees whatever else

00:32:25.180 --> 00:32:25.339
Um,

00:32:25.660 --> 00:32:27.020
I was just looking at the contracts and

00:32:27.141 --> 00:32:27.601
looking at the,

00:32:28.280 --> 00:32:29.040
the structure of that and

00:32:29.060 --> 00:32:29.942
how that swap works.

00:32:30.362 --> 00:32:33.742
Um, so it's, that's kind of cool.

00:32:34.143 --> 00:32:37.144
I don't know until it gets fucked.

00:32:37.183 --> 00:32:41.444
Like as Nelson, it's cool until it's not,

00:32:43.165 --> 00:32:43.465
I guess.

00:32:43.546 --> 00:32:44.006
Why now?

00:32:44.165 --> 00:32:45.686
Why, why is this okay now?

00:32:45.707 --> 00:32:46.307
But it wasn't then.

00:32:49.903 --> 00:32:50.744
Running out of ideas?

00:32:55.429 --> 00:32:55.588
Well,

00:32:55.628 --> 00:32:57.371
I guess I'll dig back into that bag

00:32:57.411 --> 00:32:59.073
of like random ideas that

00:32:59.113 --> 00:33:01.035
sort of got pushed aside.

00:33:02.855 --> 00:33:03.557
That's so funny.

00:33:03.596 --> 00:33:03.797
Yeah.

00:33:04.116 --> 00:33:05.999
Irma says it's called a transmuter pool.

00:33:06.058 --> 00:33:06.799
That can't be the right name.

00:33:06.920 --> 00:33:07.681
You can't even make that up.

00:33:09.792 --> 00:33:10.933
That's what businesses do, right?

00:33:12.153 --> 00:33:13.974
They attack the low-hanging fruit,

00:33:14.875 --> 00:33:16.196
make it as good as they can,

00:33:16.237 --> 00:33:17.557
and then they've got

00:33:17.617 --> 00:33:19.218
people's bums in chairs

00:33:19.499 --> 00:33:20.219
with nothing to do.

00:33:20.318 --> 00:33:21.700
So it's like, all right, well,

00:33:22.720 --> 00:33:23.701
let's go back through the

00:33:23.740 --> 00:33:24.981
history books and find out

00:33:25.021 --> 00:33:26.383
all the ideas we rejected

00:33:26.423 --> 00:33:27.482
and see which ones of those

00:33:27.502 --> 00:33:28.163
are salvageable.

00:33:28.263 --> 00:33:29.344
Maybe this is a good idea.

00:33:29.364 --> 00:33:30.884
Fuck it.

00:33:32.845 --> 00:33:33.744
if we fuck it up people will

00:33:33.765 --> 00:33:34.684
forget after a couple weeks

00:33:34.746 --> 00:33:35.346
anyway it doesn't really

00:33:35.365 --> 00:33:39.707
matter yeah man I couldn't

00:33:39.767 --> 00:33:41.386
even like recall half of

00:33:41.426 --> 00:33:42.547
the rugs from this year

00:33:42.627 --> 00:33:43.827
like half of the scams the

00:33:43.887 --> 00:33:46.107
rugs the bloody the

00:33:46.147 --> 00:33:47.909
bullshit I if you I

00:33:47.929 --> 00:33:48.528
couldn't even give you a

00:33:48.568 --> 00:33:51.089
list of five if you uh if

00:33:51.109 --> 00:33:52.369
you asked me right now I'd

00:33:52.549 --> 00:33:53.450
have to go back and do some

00:33:53.509 --> 00:33:55.671
research yeah it's day by

00:33:55.691 --> 00:33:59.652
day all right does this end

00:33:59.672 --> 00:34:00.372
the defy segment

00:34:02.576 --> 00:34:03.939
Is there like... Our first

00:34:03.999 --> 00:34:04.799
ever DeFi segment?

00:34:04.819 --> 00:34:09.844
I don't know.

00:34:11.746 --> 00:34:12.989
I don't know.

00:34:13.009 --> 00:34:13.748
Yeah.

00:34:13.789 --> 00:34:16.072
Do we have an operator segment?

00:34:16.753 --> 00:34:16.853
Sure.

00:34:16.873 --> 00:34:17.954
Can we have an operator segment?

00:34:17.974 --> 00:34:18.094
Yeah.

00:34:18.114 --> 00:34:19.175
Do you have some stuff to talk about?

00:34:19.195 --> 00:34:22.478
Other than us like...

00:34:23.561 --> 00:34:24.983
running across Australia with, uh,

00:34:25.322 --> 00:34:27.304
say archive nodes and shit in a, in the,

00:34:27.543 --> 00:34:29.583
well, I don't know.

00:34:29.603 --> 00:34:31.425
I guess I, I could, yeah,

00:34:31.465 --> 00:34:32.405
we can talk just a bit

00:34:32.445 --> 00:34:33.565
about random shit we've done.

00:34:33.606 --> 00:34:33.965
I suppose.

00:34:34.025 --> 00:34:36.186
I, one thing I did this week was make a,

00:34:36.407 --> 00:34:39.248
uh, a monitor for that bloody, um,

00:34:39.608 --> 00:34:41.989
router chain, which was a challenge.

00:34:43.110 --> 00:34:46.931
And, uh, I was missing a lot of stuff.

00:34:47.351 --> 00:34:47.931
Yeah, me too.

00:34:47.952 --> 00:34:48.911
I know.

00:34:48.931 --> 00:34:49.291
Yes.

00:34:50.672 --> 00:34:52.273
So, uh, sort of fix that up.

00:34:52.414 --> 00:34:52.833
And, um,

00:34:54.621 --> 00:34:55.742
went through the paces of

00:34:56.043 --> 00:34:57.664
going to find rpcs for each

00:34:57.704 --> 00:34:58.844
of those different chains

00:34:59.405 --> 00:35:01.206
and um I think we're

00:35:01.226 --> 00:35:02.025
looking a bit better now

00:35:02.065 --> 00:35:03.186
but you know at the end of

00:35:03.206 --> 00:35:04.427
the day it just turns out I

00:35:04.447 --> 00:35:05.547
had no root in the root

00:35:05.588 --> 00:35:08.750
wallet and uh that was not

00:35:08.789 --> 00:35:10.590
good so um you had no you

00:35:10.610 --> 00:35:15.034
had no what root roots oh

00:35:15.054 --> 00:35:16.215
you mean you know gas is

00:35:16.494 --> 00:35:17.255
that what you mean yeah I

00:35:17.275 --> 00:35:19.215
had no gas I was out of gas yes

00:35:20.851 --> 00:35:21.170
Yeah,

00:35:21.231 --> 00:35:23.032
so the team airdropped me some gas

00:35:23.092 --> 00:35:24.693
and then it all started working again.

00:35:24.813 --> 00:35:25.672
So that was good.

00:35:25.873 --> 00:35:26.494
But it's good to be able to

00:35:26.514 --> 00:35:27.653
actually see it work now.

00:35:28.293 --> 00:35:29.994
Is it an airdrop when all

00:35:30.014 --> 00:35:30.936
they do is ascend?

00:35:31.096 --> 00:35:31.795
I don't think that's the

00:35:31.835 --> 00:35:32.835
same as an airdrop.

00:35:34.536 --> 00:35:34.717
Well,

00:35:34.777 --> 00:35:36.197
I didn't put it there and it appeared.

00:35:36.257 --> 00:35:37.197
It came out of the air.

00:35:40.139 --> 00:35:44.822
I haven't looked at it in a while.

00:35:44.862 --> 00:35:45.362
I know I'm missing.

00:35:45.621 --> 00:35:46.422
I think I have a bunch of chains.

00:35:46.443 --> 00:35:46.983
I know I'm missing.

00:35:47.023 --> 00:35:47.802
They added some chains,

00:35:48.043 --> 00:35:49.503
some L2s that I'm not doing and...

00:35:51.126 --> 00:35:52.088
know actually actually I

00:35:52.108 --> 00:35:53.748
think the orchestrator like

00:35:53.909 --> 00:35:55.489
that app crashed and I

00:35:55.530 --> 00:35:56.971
don't know I need to I need

00:35:56.990 --> 00:35:59.112
to fix it it's always a

00:35:59.152 --> 00:36:00.052
challenge right like when

00:36:00.092 --> 00:36:01.333
you when you start

00:36:01.775 --> 00:36:03.695
something new that's that

00:36:03.735 --> 00:36:04.777
you haven't got monitoring

00:36:04.817 --> 00:36:06.498
for already it's always like

00:36:08.855 --> 00:36:09.175
You know,

00:36:09.255 --> 00:36:11.617
it's going to be a pain to like

00:36:11.657 --> 00:36:12.797
develop that monitoring.

00:36:13.197 --> 00:36:14.398
It's like a day of your life

00:36:14.719 --> 00:36:15.699
more than likely gone.

00:36:15.900 --> 00:36:18.021
And you just like, when do I do this?

00:36:18.621 --> 00:36:19.902
Do I do it drunk?

00:36:20.103 --> 00:36:21.282
Do I wait till like the

00:36:21.322 --> 00:36:23.105
weekend when I've got not

00:36:23.364 --> 00:36:24.585
so much other stuff on?

00:36:24.606 --> 00:36:30.128
How drunk can I be to actually touch this?

00:36:30.148 --> 00:36:30.690
Yeah,

00:36:30.730 --> 00:36:32.610
like what's the sweet point for

00:36:32.670 --> 00:36:33.070
drunkenness?

00:36:33.090 --> 00:36:33.692
There's no keys here,

00:36:33.711 --> 00:36:34.652
so I guess it's okay.

00:36:35.652 --> 00:36:37.454
Is this a six beer or a 24 beer job?

00:36:39.135 --> 00:36:41.617
Horcrux is like a six beer.

00:36:41.637 --> 00:36:44.579
ABC, ABC gas.

00:36:44.759 --> 00:36:45.099
Yeah.

00:36:45.159 --> 00:36:47.221
Horcrux is like a six coffee.

00:36:47.260 --> 00:36:48.481
Yeah, exactly.

00:36:48.541 --> 00:36:48.782
Yeah.

00:36:48.822 --> 00:36:49.623
Six coffee.

00:36:49.822 --> 00:36:51.623
Like I think my issue with also,

00:36:51.884 --> 00:36:52.905
also my issue with that is like,

00:36:53.065 --> 00:36:55.266
I know that that isn't the

00:36:55.306 --> 00:36:58.929
most stable set of tools in the world.

00:36:59.329 --> 00:37:01.391
And I kind of lose patience on that shit,

00:37:01.630 --> 00:37:02.231
to be honest.

00:37:02.251 --> 00:37:05.813
The, the bridge software itself is, uh,

00:37:07.445 --> 00:37:08.865
quite alarming in its

00:37:08.945 --> 00:37:12.626
verbosity yeah and uh quite

00:37:12.746 --> 00:37:16.768
unhelpful in its failures

00:37:18.969 --> 00:37:20.630
it just resets and like

00:37:20.969 --> 00:37:22.329
panics and there's like no

00:37:22.369 --> 00:37:23.530
messages that tell you

00:37:23.550 --> 00:37:24.911
what's wrong yeah and like

00:37:24.951 --> 00:37:25.931
I just patience with that

00:37:26.130 --> 00:37:27.210
like I still have time to

00:37:28.231 --> 00:37:29.811
troubleshoot their right

00:37:30.072 --> 00:37:31.753
like that or like stare at

00:37:31.793 --> 00:37:33.873
a log for four hours and be

00:37:33.932 --> 00:37:36.153
like what does it all mean man

00:37:37.614 --> 00:37:39.237
Some LSD to make sense of it all.

00:37:41.559 --> 00:37:42.121
It's funny.

00:37:42.882 --> 00:37:43.501
Oh, yeah.

00:37:45.264 --> 00:37:45.485
Yeah.

00:37:45.505 --> 00:37:46.365
That's my list to do.

00:37:46.385 --> 00:37:48.088
I would just think we're hopped up.

00:37:49.467 --> 00:37:50.449
Helped up on goofballs.

00:37:51.108 --> 00:37:52.309
Helped up on goofballs.

00:37:53.449 --> 00:37:55.451
Well, you know, you don't have to do it.

00:37:55.471 --> 00:37:56.391
I've already done it for you.

00:37:56.572 --> 00:37:57.253
All you have to do is load it up.

00:37:57.273 --> 00:37:58.172
Yeah, I'm looking for it.

00:37:58.293 --> 00:37:58.552
Yeah,

00:37:58.592 --> 00:38:00.554
that's one of the benefits of this

00:38:00.594 --> 00:38:02.956
cartel is when you get

00:38:02.976 --> 00:38:03.775
involved in the same shit,

00:38:03.795 --> 00:38:05.436
hopefully at some point

00:38:05.916 --> 00:38:07.938
that nagging issue somebody

00:38:07.998 --> 00:38:09.398
else solves and you're like, all right,

00:38:09.460 --> 00:38:10.679
I'll just use whatever that was.

00:38:10.880 --> 00:38:12.061
Well, that's the hope, isn't it?

00:38:12.141 --> 00:38:13.842
You sit on that problem long enough,

00:38:13.961 --> 00:38:15.282
maybe someone else will fix it.

00:38:15.702 --> 00:38:16.003
Oh, yeah.

00:38:17.344 --> 00:38:18.344
I was going to do that.

00:38:18.384 --> 00:38:19.543
How the fuck did this work?

00:38:19.603 --> 00:38:20.204
Yeah, exactly.

00:38:20.264 --> 00:38:21.204
Thank you so much.

00:38:22.144 --> 00:38:23.224
That's great.

00:38:24.784 --> 00:38:25.625
Listen,

00:38:25.664 --> 00:38:27.226
you can't solve every damn problem

00:38:27.246 --> 00:38:27.746
yourself, right?

00:38:27.786 --> 00:38:28.485
You need a little help.

00:38:29.045 --> 00:38:29.626
No doubt about it.

00:38:31.146 --> 00:38:32.527
Yeah, well, you know, sometimes.

00:38:33.547 --> 00:38:34.726
That's what the Beatles said, right?

00:38:34.847 --> 00:38:35.766
Just do a little help from your friends.

00:38:35.786 --> 00:38:36.206
Do a little help.

00:38:36.327 --> 00:38:36.706
That's right.

00:38:37.146 --> 00:38:38.608
Exactly.

00:38:38.628 --> 00:38:39.307
Were they talking about

00:38:40.648 --> 00:38:43.648
fucking router orchestrator

00:38:43.688 --> 00:38:45.648
issues in that song?

00:38:45.668 --> 00:38:46.048
I don't remember.

00:38:46.686 --> 00:38:49.688
oh fucking jake so jake did

00:38:49.748 --> 00:38:50.748
show up he looks like he's

00:38:50.887 --> 00:38:51.927
holy shit did you invite

00:38:51.967 --> 00:38:53.668
him yeah I just dropped in

00:38:53.688 --> 00:38:57.228
the link randomly what's up

00:38:57.248 --> 00:38:59.969
man yo I just came here to

00:39:00.070 --> 00:39:02.369
say one a couple a couple

00:39:02.389 --> 00:39:04.530
fucking things first of all

00:39:04.550 --> 00:39:06.510
if you want to pump the

00:39:06.570 --> 00:39:08.632
price of adam that shit

00:39:08.652 --> 00:39:11.211
coin that meme coin yes put

00:39:11.592 --> 00:39:13.532
fucking permission cosmolism on the hub

00:39:14.724 --> 00:39:14.884
I mean,

00:39:14.963 --> 00:39:17.684
the second thing is that any

00:39:17.764 --> 00:39:19.025
validator that votes no is

00:39:19.085 --> 00:39:20.485
not eligible for any airdrops.

00:39:20.865 --> 00:39:22.286
And that's all I've got to fucking say.

00:39:22.726 --> 00:39:22.927
Yeah.

00:39:23.206 --> 00:39:23.867
Like, period.

00:39:24.128 --> 00:39:26.188
Is that voting no on any chain ever?

00:39:26.449 --> 00:39:27.989
No more airdrops.

00:39:28.128 --> 00:39:29.690
No votes on any chain.

00:39:29.949 --> 00:39:31.190
Anyone who votes no on

00:39:31.251 --> 00:39:32.811
Permission Cosmos does not

00:39:32.851 --> 00:39:33.751
get a fucking airdrop.

00:39:34.032 --> 00:39:34.851
That's all I've got to say.

00:39:34.871 --> 00:39:35.931
Peace out.

00:39:36.432 --> 00:39:38.413
Vote yes for Permission Cosmos on the hub,

00:39:38.773 --> 00:39:39.853
or the Cosmos hub will be

00:39:40.333 --> 00:39:41.614
more irrelevant than it already is.

00:39:42.954 --> 00:39:45.817
peace see ya see ya hell

00:39:45.856 --> 00:39:52.019
yeah what the fuck you

00:39:52.059 --> 00:39:53.219
heard it here first folks

00:39:53.599 --> 00:39:55.521
vote yes is that is that a

00:39:55.820 --> 00:39:57.681
is that already uh did I

00:39:57.702 --> 00:39:59.382
did I just he was here

00:39:59.443 --> 00:40:00.202
right did I just imagine

00:40:00.244 --> 00:40:02.565
that or he was here did you

00:40:02.605 --> 00:40:04.005
got a six beer or 24 beer

00:40:04.144 --> 00:40:05.186
fucking mic drop right there

00:40:06.893 --> 00:40:08.215
I think there was some beers

00:40:08.275 --> 00:40:10.715
involved with that mic drop.

00:40:10.795 --> 00:40:12.576
But is this a proposal I don't know about?

00:40:12.755 --> 00:40:13.356
Yeah, it came back.

00:40:13.476 --> 00:40:13.697
Actually,

00:40:13.737 --> 00:40:14.737
Rahmer put it in the news last

00:40:14.777 --> 00:40:16.237
week or two weeks ago, actually, right?

00:40:16.257 --> 00:40:17.318
Or is it already over?

00:40:17.458 --> 00:40:19.219
It must be over because it was in the news,

00:40:19.259 --> 00:40:20.119
I thought, like two weeks ago.

00:40:20.858 --> 00:40:23.199
Oh, Ben Davis says five days ago.

00:40:23.219 --> 00:40:24.820
So maybe it was last week.

00:40:24.860 --> 00:40:27.541
But yes, it's back for, what is this,

00:40:27.601 --> 00:40:28.181
round three?

00:40:29.724 --> 00:40:30.423
Round four, maybe?

00:40:30.443 --> 00:40:31.284
I think it's round three, yeah.

00:40:31.485 --> 00:40:31.864
Last one,

00:40:31.925 --> 00:40:34.226
I think it was prop 69 was the last one,

00:40:34.646 --> 00:40:36.106
which is pretty nice.

00:40:37.086 --> 00:40:38.186
Where are we now?

00:40:38.266 --> 00:40:38.827
What prop is this?

00:40:38.847 --> 00:40:39.708
I'm surprised they didn't

00:40:39.748 --> 00:40:42.088
wait or just put in a whole

00:40:42.128 --> 00:40:44.110
heap of trash in between to

00:40:44.150 --> 00:40:46.815
get it up to 420.

00:40:46.815 --> 00:40:47.715
It says it was in the news

00:40:47.755 --> 00:40:48.996
hub has six month voting period.

00:40:49.036 --> 00:40:49.416
No shit.

00:40:49.436 --> 00:40:50.336
I felt like it was two weeks

00:40:50.376 --> 00:40:51.436
ago because I wasn't even on last week.

00:40:52.356 --> 00:40:54.597
Um, but it is, is it still at,

00:40:54.637 --> 00:40:54.938
so it's still,

00:40:54.958 --> 00:40:56.699
it must be still activating and let me,

00:40:56.778 --> 00:40:57.199
I'm gonna get the,

00:40:57.278 --> 00:40:58.079
let me get the damn prop.

00:40:58.099 --> 00:40:58.800
So y'all vote.

00:40:58.860 --> 00:40:59.139
Yes.

00:40:59.900 --> 00:41:00.240
Eight.

00:41:00.280 --> 00:41:02.221
Otherwise, otherwise,

00:41:02.262 --> 00:41:03.961
Jake's going to inhabit your dreams.

00:41:04.963 --> 00:41:07.103
Jake may have had some ones.

00:41:08.344 --> 00:41:09.083
It's going to come in here.

00:41:09.184 --> 00:41:10.125
It's going to come in your

00:41:10.144 --> 00:41:10.704
bedroom at night.

00:41:11.085 --> 00:41:14.146
Uh, let me find the, uh, wait in any five,

00:41:14.806 --> 00:41:15.306
then any five.

00:41:16.967 --> 00:41:20.768
895.

00:41:16.987 --> 00:41:20.768
Oh, it's on the fucking edge right now.

00:41:21.648 --> 00:41:22.449
How much time do we have left?

00:41:25.550 --> 00:41:25.610
Oh,

00:41:25.650 --> 00:41:27.610
it's also replacing another prop that

00:41:27.630 --> 00:41:28.851
had the same data without details.

00:41:28.871 --> 00:41:30.172
That's always a good sign is

00:41:30.251 --> 00:41:31.393
when you put the same thing

00:41:31.413 --> 00:41:32.313
multiple times because

00:41:32.333 --> 00:41:33.032
there's no details.

00:41:33.052 --> 00:41:34.273
27% turnout.

00:41:34.313 --> 00:41:34.974
Quorum is 40% right now.

00:41:34.994 --> 00:41:35.554
No's have 29%.

00:41:35.594 --> 00:41:35.773
Yes, have 27.7%.

00:41:40.759 --> 00:41:41.699
Who's vetoing this shit?

00:41:43.420 --> 00:41:44.340
So it's passing?

00:41:44.541 --> 00:41:45.081
Not passing.

00:41:45.141 --> 00:41:46.282
It is not passing today.

00:41:46.842 --> 00:41:47.862
Who is voting no on a

00:41:47.943 --> 00:41:48.922
validator perspective?

00:41:48.943 --> 00:41:49.704
Who could we call out?

00:41:50.103 --> 00:41:50.844
Anybody we care about?

00:41:52.025 --> 00:41:52.164
No.

00:41:53.286 --> 00:41:54.746
Stake Lab is voting no.

00:41:55.786 --> 00:42:00.028
Game is voting no.

00:42:00.269 --> 00:42:01.769
Why would the Juno Whale vote no?

00:42:02.490 --> 00:42:02.811
I don't know.

00:42:03.090 --> 00:42:03.731
Answer me that.

00:42:05.331 --> 00:42:06.592
How's that game chain going anyway?

00:42:09.059 --> 00:42:09.679
They stopped.

00:42:10.059 --> 00:42:13.300
It never eventually did.

00:42:14.501 --> 00:42:14.860
Let's see.

00:42:15.280 --> 00:42:15.940
The big yeses.

00:42:15.981 --> 00:42:17.262
Look at the huge lavender

00:42:17.302 --> 00:42:18.402
five icon showing up here.

00:42:18.422 --> 00:42:19.402
That looks good, Schultz.

00:42:20.003 --> 00:42:20.623
That does look good.

00:42:21.023 --> 00:42:21.382
It does.

00:42:21.402 --> 00:42:22.903
Is that you guys have six

00:42:22.943 --> 00:42:23.664
point seven percent?

00:42:23.704 --> 00:42:24.423
You guys have six point

00:42:24.445 --> 00:42:25.144
seven percent in the hub.

00:42:26.105 --> 00:42:27.005
Oh, of the voting.

00:42:27.045 --> 00:42:29.146
Yeah, yeah, yeah.

00:42:29.407 --> 00:42:31.748
Facebook 7% on the hub would be something.

00:42:31.768 --> 00:42:33.048
You wouldn't be on this fucking podcast,

00:42:33.068 --> 00:42:33.528
that's for sure.

00:42:34.048 --> 00:42:37.670
Yeah, that's right.

00:42:37.791 --> 00:42:38.150
Let's see.

00:42:38.311 --> 00:42:39.711
Up in his skyscraper.

00:42:39.771 --> 00:42:41.072
He's looking down.

00:42:41.532 --> 00:42:44.815
That's right.

00:42:44.994 --> 00:42:45.454
We'll end out.

00:42:45.494 --> 00:42:46.195
Pinky's out.

00:42:46.916 --> 00:42:47.516
Peasants.

00:42:48.356 --> 00:42:51.137
Peasants on your... Osmosis chains.

00:42:51.157 --> 00:42:52.739
84 out of 180 validators voted so far.

00:42:55.079 --> 00:42:55.400
Cool.

00:42:55.880 --> 00:42:56.181
Cool.

00:42:56.621 --> 00:42:57.682
How much time is left anyway?

00:42:58.103 --> 00:42:58.824
Oh, five days.

00:43:00.606 --> 00:43:01.809
March 25th.

00:43:02.269 --> 00:43:02.630
How long?

00:43:02.809 --> 00:43:03.271
What the fuck?

00:43:03.311 --> 00:43:04.291
Is this a two week voting

00:43:04.311 --> 00:43:05.052
period in this chain?

00:43:07.175 --> 00:43:08.036
It's a long time.

00:43:08.438 --> 00:43:08.697
What?

00:43:08.717 --> 00:43:10.300
I think it's three weeks.

00:43:10.420 --> 00:43:11.081
Isn't it three weeks?

00:43:11.382 --> 00:43:12.182
Holy shit.

00:43:13.442 --> 00:43:14.242
Like they're block times.

00:43:15.041 --> 00:43:17.222
Well, Adam is still the original vision,

00:43:17.282 --> 00:43:17.483
right?

00:43:18.262 --> 00:43:19.623
Five second block times,

00:43:20.063 --> 00:43:21.384
fucking a month of voting.

00:43:21.403 --> 00:43:26.826
Zero percent APR.

00:43:26.905 --> 00:43:27.585
No decisions.

00:43:28.085 --> 00:43:28.286
Yeah.

00:43:29.586 --> 00:43:30.427
And like, you know,

00:43:30.427 --> 00:43:32.248
$20 million a year of

00:43:32.288 --> 00:43:34.148
development to produce a

00:43:34.688 --> 00:43:36.489
fucking five second block

00:43:36.509 --> 00:43:37.188
time with nothing in it.

00:43:41.974 --> 00:43:42.454
Who voted?

00:43:42.494 --> 00:43:42.775
Let's see.

00:43:42.795 --> 00:43:43.414
Who abstained?

00:43:45.315 --> 00:43:46.157
Game voted no.

00:43:48.259 --> 00:43:49.199
I can't sort by answer.

00:43:49.239 --> 00:43:50.820
That's really annoying.

00:43:50.880 --> 00:43:51.800
Postman voted yes.

00:43:51.880 --> 00:43:52.240
Who else?

00:43:52.782 --> 00:43:53.302
Anybody in here?

00:43:53.362 --> 00:43:54.103
Kepler voted yes.

00:43:55.244 --> 00:43:55.583
11 to 5.

00:43:56.003 --> 00:43:57.105
March 27th voted yes.

00:43:58.606 --> 00:43:58.826
Yeah.

00:43:59.427 --> 00:44:01.307
So I guess you got to vote yes.

00:44:01.367 --> 00:44:02.648
Get this thing turned around.

00:44:03.510 --> 00:44:04.811
Some big validator voted no

00:44:04.831 --> 00:44:05.731
just recently because it

00:44:05.871 --> 00:44:08.552
actually hit a huge pump to

00:44:08.572 --> 00:44:09.253
turn this negative.

00:44:09.293 --> 00:44:10.815
So I don't know who that is.

00:44:12.260 --> 00:44:12.581
But yeah,

00:44:12.760 --> 00:44:16.764
I guess you guys got to vote yes or no.

00:44:16.784 --> 00:44:17.684
It must have been a game

00:44:17.704 --> 00:44:18.885
that actually voted just recently.

00:44:18.945 --> 00:44:19.065
No.

00:44:19.666 --> 00:44:20.146
So yeah, do it.

00:44:22.768 --> 00:44:23.369
Yeah, well.

00:44:23.429 --> 00:44:24.250
Just vote.

00:44:24.329 --> 00:44:25.871
Don't let fucking validators vote for you.

00:44:26.451 --> 00:44:26.990
If you listen to this

00:44:27.032 --> 00:44:28.012
podcast and you own tokens,

00:44:28.052 --> 00:44:28.773
go fucking vote.

00:44:29.753 --> 00:44:31.534
To all the Adam Wales that

00:44:31.554 --> 00:44:32.916
are watching this podcast.

00:44:33.885 --> 00:44:36.226
fucking... Cosmos governance

00:44:36.427 --> 00:44:38.487
as elected officials blows.

00:44:38.807 --> 00:44:39.849
Go vote your tokens.

00:44:40.028 --> 00:44:41.449
Don't put it in the hands of validators.

00:44:41.510 --> 00:44:44.072
Go do something with your stake tokens.

00:44:45.413 --> 00:44:45.833
Make it happen.

00:44:45.853 --> 00:44:46.574
How many people,

00:44:46.773 --> 00:44:49.175
like... Do you think

00:44:49.195 --> 00:44:49.936
there's a lot of community

00:44:49.956 --> 00:44:50.896
people out there voting?

00:44:50.916 --> 00:44:51.896
I don't think there are.

00:44:52.117 --> 00:44:52.777
I think they just... Well,

00:44:53.458 --> 00:44:54.039
I actually... I was just

00:44:54.059 --> 00:44:55.780
thinking about that because in the past,

00:44:55.960 --> 00:44:57.101
Minscan never showed that,

00:44:57.141 --> 00:44:58.862
but I think in Minscan 2,

00:44:58.862 --> 00:44:59.902
it does break it out, right?

00:44:59.961 --> 00:45:00.722
Doesn't it show, like,

00:45:00.762 --> 00:45:01.824
validator votes versus...

00:45:03.797 --> 00:45:04.797
Oh, yeah, it does, actually.

00:45:04.818 --> 00:45:05.898
So voted accounts,

00:45:05.898 --> 00:45:09.501
84 of 180 validators voted,

00:45:09.521 --> 00:45:12.545
and 61,558 voted accounts have voted,

00:45:12.585 --> 00:45:13.865
which is actually pretty

00:45:13.885 --> 00:45:15.246
freaking impressive, to be honest.

00:45:15.407 --> 00:45:17.889
That sounds like bot numbers to me.

00:45:19.130 --> 00:45:19.550
It could be.

00:45:19.570 --> 00:45:20.590
I mean,

00:45:21.231 --> 00:45:22.833
it is turning... That's 41,000

00:45:22.833 --> 00:45:24.954
yeses for a total of 18.44

00:45:24.954 --> 00:45:26.056
million atoms staked.

00:45:26.076 --> 00:45:26.516
That's actually...

00:45:32.903 --> 00:45:35.365
a reasonable, quite good number,

00:45:35.525 --> 00:45:36.166
but it's probably bots.

00:45:36.186 --> 00:45:36.425
Yeah.

00:45:36.485 --> 00:45:37.766
I mean, let's say it's not bots,

00:45:37.806 --> 00:45:40.028
but at least, Hey, baby steps, baby.

00:45:40.548 --> 00:45:41.429
This is not just,

00:45:41.449 --> 00:45:42.751
this is not just 180 validators.

00:45:44.010 --> 00:45:44.692
And to be fair,

00:45:45.112 --> 00:45:45.853
it's not necessarily bad

00:45:45.873 --> 00:45:46.373
that it's bought.

00:45:46.413 --> 00:45:47.733
Like, let's say if I,

00:45:47.853 --> 00:45:51.235
if I had a million Adam, which I don't,

00:45:51.956 --> 00:45:52.956
I would definitely have it

00:45:53.197 --> 00:45:54.097
in a bunch of different

00:45:54.117 --> 00:45:57.000
wallets and have a bot manager for me.

00:45:57.019 --> 00:45:58.181
I would vote once and then

00:45:58.221 --> 00:45:59.282
the bot would replicate it.

00:45:59.501 --> 00:45:59.742
Right.

00:45:59.762 --> 00:46:01.043
I don't want to do it at the same.

00:46:03.556 --> 00:46:06.277
I wish there was a chain out

00:46:06.317 --> 00:46:08.597
there that was just AI managed.

00:46:09.177 --> 00:46:10.838
It would just read the room

00:46:11.239 --> 00:46:14.740
and just do all of its own

00:46:14.780 --> 00:46:17.481
governance based on some

00:46:17.521 --> 00:46:18.242
large language model.

00:46:19.242 --> 00:46:21.242
I thought, didn't we talk about this?

00:46:21.282 --> 00:46:22.704
Like writing a bot that

00:46:22.784 --> 00:46:24.043
waits till one hour before

00:46:24.063 --> 00:46:25.385
the proposal's done and

00:46:25.405 --> 00:46:26.304
then look at the stake and

00:46:26.324 --> 00:46:28.826
just vote the winner and be done?

00:46:29.467 --> 00:46:29.947
No, man.

00:46:29.987 --> 00:46:31.027
Totally built into the chain.

00:46:33.431 --> 00:46:33.831
Oh, yeah.

00:46:33.951 --> 00:46:34.771
Like, I don't have to do anything.

00:46:35.192 --> 00:46:35.331
Yeah.

00:46:35.351 --> 00:46:35.773
A module.

00:46:36.092 --> 00:46:37.012
It just, like... Yeah.

00:46:37.132 --> 00:46:38.034
It just makes its... It

00:46:38.074 --> 00:46:39.195
comes up with its own ideas

00:46:39.255 --> 00:46:40.356
and makes its own decisions.

00:46:40.876 --> 00:46:40.956
Yeah.

00:46:40.976 --> 00:46:42.516
And you're just along for the ride, baby.

00:46:42.536 --> 00:46:43.717
Yeah.

00:46:44.117 --> 00:46:46.639
Like, go read Twitter and shit.

00:46:46.679 --> 00:46:48.141
So you're just going to chain that becomes,

00:46:48.221 --> 00:46:48.440
like,

00:46:48.661 --> 00:46:50.742
ultra-racist right-wing fucking...

00:46:50.882 --> 00:46:54.003
Right off the bat.

00:46:54.023 --> 00:46:54.505
Vote nine.

00:46:54.525 --> 00:46:57.126
And then when you question it, it says,

00:46:57.146 --> 00:46:58.007
I can do better.

00:47:01.568 --> 00:47:02.088
One chain.

00:47:02.170 --> 00:47:02.510
Oh, man.

00:47:04.115 --> 00:47:04.936
And David says something

00:47:04.956 --> 00:47:05.836
like 20% are certainly

00:47:05.896 --> 00:47:06.998
airdrop farming bots based

00:47:07.057 --> 00:47:08.099
on numbers done previously.

00:47:08.159 --> 00:47:09.358
So those are... That would

00:47:09.378 --> 00:47:10.639
be... But they're staked, right?

00:47:10.679 --> 00:47:11.581
I guess they must be staked

00:47:11.641 --> 00:47:12.940
if they're airdrop farming bots, right?

00:47:13.722 --> 00:47:15.043
Like, my question is,

00:47:15.362 --> 00:47:18.985
is Atom still relevant for airdrops?

00:47:19.344 --> 00:47:23.188
Like... I remember the last cycle,

00:47:23.268 --> 00:47:24.409
it was pretty relevant for

00:47:24.548 --> 00:47:26.110
airdrops because it was, you know,

00:47:26.150 --> 00:47:27.831
the basis of the ecosystem.

00:47:27.931 --> 00:47:30.652
But now, like, I don't know that it is.

00:47:30.672 --> 00:47:30.932
There's...

00:47:32.190 --> 00:47:33.771
activities are sort of based

00:47:33.811 --> 00:47:34.952
around other chains.

00:47:37.315 --> 00:47:38.295
You know,

00:47:38.936 --> 00:47:40.878
being an Adam OG now is starting

00:47:40.918 --> 00:47:42.858
to look more like your old

00:47:42.920 --> 00:47:44.061
guard money instead.

00:47:44.081 --> 00:47:46.202
Yeah, now you have to hold a bad kid,

00:47:46.282 --> 00:47:46.663
right?

00:47:47.903 --> 00:47:49.304
Yeah, yeah.

00:47:49.324 --> 00:47:51.007
I think holding a bad kid is

00:47:51.047 --> 00:47:51.766
probably more profitable

00:47:51.806 --> 00:47:52.387
than holding Adam.

00:47:54.989 --> 00:47:55.570
Probably.

00:47:55.610 --> 00:47:55.951
Probably.

00:47:55.971 --> 00:47:56.751
But right now,

00:48:00.335 --> 00:48:02.257
Badkid holders might be,

00:48:03.036 --> 00:48:04.637
and Ben Davis says Tia as well,

00:48:05.257 --> 00:48:06.797
Celestia might be the same.

00:48:07.478 --> 00:48:07.659
Yep,

00:48:07.679 --> 00:48:10.159
Celestia got Dimension and I think Alt

00:48:10.179 --> 00:48:10.480
Layer.

00:48:10.719 --> 00:48:11.780
Alt Layer is supposed to be pretty big.

00:48:12.739 --> 00:48:14.561
Are you talking about the W, Andrew?

00:48:15.920 --> 00:48:16.762
No, no, Alt Layer.

00:48:17.262 --> 00:48:17.922
What is Alt Layer?

00:48:18.842 --> 00:48:20.402
I think it's new L2 on Ethereum.

00:48:20.623 --> 00:48:22.123
I'm not entirely sure, though.

00:48:23.204 --> 00:48:24.384
And Celestia holders are in that?

00:48:25.525 --> 00:48:25.804
Yeah.

00:48:26.184 --> 00:48:27.344
Well, Stakers, but yeah.

00:48:27.766 --> 00:48:29.126
Or Celestia Stakers, I should say, yeah.

00:48:30.798 --> 00:48:31.599
I don't know jack shit about

00:48:31.619 --> 00:48:32.840
Celestia still.

00:48:35.121 --> 00:48:37.043
Ben Davis says holding Adam

00:48:38.105 --> 00:48:38.925
is not profitable.

00:48:39.365 --> 00:48:41.688
I don't agree.

00:48:42.288 --> 00:48:45.871
If you're old money Adam

00:48:46.552 --> 00:48:48.572
that bought it at 0.1 cents

00:48:50.273 --> 00:48:54.478
and you're farming the inflation,

00:48:54.597 --> 00:48:55.458
I think it is plenty

00:48:55.498 --> 00:48:56.398
profitable with your

00:48:56.438 --> 00:48:58.521
fucking 20 million staked coins like

00:49:00.809 --> 00:49:03.612
it's uh how much inflation

00:49:04.431 --> 00:49:05.813
rain hail or shine from

00:49:05.873 --> 00:49:07.155
your ten thousand dollar

00:49:07.195 --> 00:49:08.695
investment five years ago I

00:49:10.516 --> 00:49:11.197
think you're probably still

00:49:11.217 --> 00:49:12.938
doing pretty good maybe

00:49:12.978 --> 00:49:13.860
it's not profitable if you

00:49:13.880 --> 00:49:14.900
buy it today and stake it

00:49:17.063 --> 00:49:18.003
like what is it still

00:49:18.063 --> 00:49:19.764
doesn't adam float up to

00:49:19.804 --> 00:49:22.007
like 20 inflation though it doesn't

00:49:23.456 --> 00:49:24.556
No, not anymore.

00:49:25.318 --> 00:49:26.778
There's a max inflation that

00:49:26.818 --> 00:49:28.981
was put up fairly recently.

00:49:29.121 --> 00:49:30.601
So the staking rewards from

00:49:30.641 --> 00:49:32.704
Atom are quite lower than they were.

00:49:32.724 --> 00:49:33.945
What's funny, too,

00:49:34.005 --> 00:49:34.985
is actually reducing the

00:49:35.045 --> 00:49:36.807
APR resulted in the price

00:49:36.827 --> 00:49:37.588
of Atom going down.

00:49:39.289 --> 00:49:39.650
Imagine.

00:49:41.851 --> 00:49:43.072
That's DeepEye, baby.

00:49:45.074 --> 00:49:47.257
Well, it already had pretty deep liquidity,

00:49:47.317 --> 00:49:47.637
right?

00:49:47.657 --> 00:49:47.836
So...

00:49:49.112 --> 00:49:50.032
People draw these

00:49:50.092 --> 00:49:52.213
conclusions that reducing

00:49:52.253 --> 00:49:53.835
inflation will make the

00:49:53.875 --> 00:49:55.295
price go up because it

00:49:56.034 --> 00:49:57.635
would reduce the sell

00:49:57.675 --> 00:49:58.815
pressure from inflation.

00:49:58.835 --> 00:50:01.617
But if the volume is

00:50:01.697 --> 00:50:02.916
actually not that big from

00:50:03.056 --> 00:50:04.237
sell pressure from inflation,

00:50:04.257 --> 00:50:05.597
it doesn't really hold true anymore.

00:50:09.159 --> 00:50:10.139
In fact,

00:50:10.239 --> 00:50:11.500
people don't want it as much

00:50:11.559 --> 00:50:12.820
because they're not able to

00:50:12.860 --> 00:50:13.820
farm the inflation.

00:50:13.840 --> 00:50:14.021
Yeah.

00:50:14.608 --> 00:50:15.027
Yeah,

00:50:15.268 --> 00:50:16.509
it looks like it floats between 7%

00:50:16.509 --> 00:50:16.728
and 10%.

00:50:16.728 --> 00:50:20.231
Ben Davis says, APR needs to be up only.

00:50:22.012 --> 00:50:22.954
That's exactly right.

00:50:22.974 --> 00:50:26.376
I mean, 7% to 10% is still pretty high.

00:50:27.617 --> 00:50:28.257
No, it's decent.

00:50:28.536 --> 00:50:29.458
Yeah, yeah, yeah, for sure.

00:50:30.338 --> 00:50:30.619
Yeah.

00:50:31.438 --> 00:50:32.179
Although, you know,

00:50:32.260 --> 00:50:33.601
what's interesting now is

00:50:33.661 --> 00:50:35.382
that a lot of the

00:50:36.911 --> 00:50:37.952
A lot of these network

00:50:37.992 --> 00:50:39.594
inflations are actually

00:50:39.894 --> 00:50:41.275
sort of becoming around

00:50:41.496 --> 00:50:44.818
similar to what you get on fiat now.

00:50:44.918 --> 00:50:47.139
So that's going to be an

00:50:47.181 --> 00:50:48.221
interesting dynamic.

00:50:49.121 --> 00:50:51.724
Usually, you know, back in the day, well,

00:50:51.784 --> 00:50:54.065
during the down only trend

00:50:54.166 --> 00:50:55.887
of interest rates around the planet,

00:50:56.990 --> 00:51:00.572
part of the allure of crypto

00:51:00.612 --> 00:51:02.494
was that you could make a

00:51:03.054 --> 00:51:04.855
better return just by

00:51:04.914 --> 00:51:07.755
staking than what you could on, you know,

00:51:08.155 --> 00:51:10.438
fiat with the risk of your

00:51:10.998 --> 00:51:11.898
token price risk.

00:51:11.938 --> 00:51:13.878
But now, you know,

00:51:13.958 --> 00:51:15.280
now you've got token price

00:51:15.360 --> 00:51:16.360
risk for a return that's

00:51:16.400 --> 00:51:17.981
similar to what you can get IRL.

00:51:19.422 --> 00:51:20.601
Might change the dynamic a

00:51:20.621 --> 00:51:21.463
little bit over time.

00:51:22.047 --> 00:51:23.068
That's why I'm so excited

00:51:23.088 --> 00:51:24.309
about this Ethereum staking

00:51:24.389 --> 00:51:25.048
structure that we're

00:51:25.068 --> 00:51:26.369
talking about maybe doing

00:51:27.070 --> 00:51:29.931
is really getting back into that 1.5% APR,

00:51:29.972 --> 00:51:33.853
which is, or whatever that is, 1.6%.

00:51:33.853 --> 00:51:34.653
That sounds amazing.

00:51:34.793 --> 00:51:35.333
Let's do that.

00:51:35.454 --> 00:51:36.894
I mean, it rustles my jimmies.

00:51:36.914 --> 00:51:39.175
Let me tell you what.

00:51:39.215 --> 00:51:39.556
I mean,

00:51:39.876 --> 00:51:41.516
if you're not getting hosed by inflation,

00:51:41.556 --> 00:51:42.097
you're not living.

00:51:42.117 --> 00:51:43.538
5% in fiat?

00:51:43.577 --> 00:51:43.677
Yeah.

00:51:45.597 --> 00:51:46.257
5% fiat?

00:51:46.338 --> 00:51:46.757
Fuck that.

00:51:46.797 --> 00:51:49.039
Let's do 1% in a totally

00:51:49.199 --> 00:51:50.460
volatile token price that

00:51:50.480 --> 00:51:52.179
could lose 10% overnight.

00:51:52.199 --> 00:51:53.541
I think that looks amazing.

00:51:53.561 --> 00:51:54.141
Let's do that.

00:51:54.161 --> 00:51:58.422
I need something for the website.

00:51:58.443 --> 00:51:59.282
Did he put up news?

00:51:59.322 --> 00:52:00.483
I thought he didn't.

00:52:03.123 --> 00:52:03.403
I don't know.

00:52:04.065 --> 00:52:04.304
Oh, yeah.

00:52:04.344 --> 00:52:07.626
That's what we were talking

00:52:07.666 --> 00:52:08.985
about is broken.

00:52:09.186 --> 00:52:10.967
Is he retrospectively adding

00:52:11.047 --> 00:52:12.286
news just so he can say, oh,

00:52:12.367 --> 00:52:13.188
you didn't read the news?

00:52:13.248 --> 00:52:13.688
Probably.

00:52:15.867 --> 00:52:17.369
holy shit there is news here

00:52:18.108 --> 00:52:19.630
I thought you said there's

00:52:19.650 --> 00:52:20.210
nothing about what we're

00:52:20.230 --> 00:52:21.010
talking about so what's the

00:52:21.030 --> 00:52:22.710
difference oh okay yeah

00:52:23.550 --> 00:52:26.152
yeah uh this third point we

00:52:26.172 --> 00:52:26.932
should you want to do news

00:52:28.306 --> 00:52:30.688
Yeah, let's do some... I mean, look,

00:52:31.108 --> 00:52:32.650
if Rama has taken the time

00:52:32.670 --> 00:52:33.630
to put some shit in here

00:52:33.751 --> 00:52:35.132
after fucking himself up...

00:52:35.733 --> 00:52:36.594
Did he type this in one hand?

00:52:36.614 --> 00:52:37.594
If we don't read any of it,

00:52:37.695 --> 00:52:38.856
it's going to be a bit of a

00:52:38.876 --> 00:52:39.476
slap in the dick.

00:52:39.496 --> 00:52:40.538
Did he peck this out with

00:52:40.577 --> 00:52:41.298
his nose or anything?

00:52:41.318 --> 00:52:43.221
Or, like, how fucked up is he?

00:52:43.240 --> 00:52:43.981
Well, I don't know.

00:52:44.001 --> 00:52:46.043
He messaged me yesterday saying, look, man,

00:52:46.123 --> 00:52:46.684
I'm lame.

00:52:47.023 --> 00:52:47.985
I can't do anything...

00:52:48.905 --> 00:52:50.367
I just want to watch TV and

00:52:50.407 --> 00:52:51.829
drink beer with my one good hand.

00:52:52.329 --> 00:52:54.510
But now he's just like being in the chats,

00:52:54.690 --> 00:52:56.813
prolifically typing out these comments.

00:52:56.893 --> 00:52:57.494
I'm like, well,

00:52:57.514 --> 00:52:58.434
he's probably

00:52:58.494 --> 00:52:59.735
retrospectively gone back

00:52:59.795 --> 00:53:01.838
and done some news just so we can,

00:53:02.697 --> 00:53:06.101
you know, has the excuse.

00:53:06.360 --> 00:53:07.021
I've done the news.

00:53:07.081 --> 00:53:08.063
I can type my comments.

00:53:08.704 --> 00:53:09.423
Life finds a way.

00:53:09.443 --> 00:53:11.146
I came, I healed overnight.

00:53:13.487 --> 00:53:14.748
Just, just the, uh,

00:53:18.119 --> 00:53:20.740
Ben Davis is writing with his John Thomas.

00:53:23.182 --> 00:53:25.143
What the hell is a John Thomas?

00:53:25.164 --> 00:53:25.623
Oh, my goodness.

00:53:25.903 --> 00:53:29.385
Take a guess.

00:53:29.485 --> 00:53:30.346
First news item.

00:53:30.646 --> 00:53:31.666
News guy has broken

00:53:31.706 --> 00:53:32.907
collarbone trying to get

00:53:33.168 --> 00:53:33.847
something in now.

00:53:36.670 --> 00:53:37.809
He's a bit of a tragedy magnet, right?

00:53:37.829 --> 00:53:38.510
It seems like every week

00:53:38.530 --> 00:53:39.490
there's always something going on.

00:53:41.271 --> 00:53:41.652
Yeah,

00:53:41.672 --> 00:53:45.514
it's like... It's dangerous out there.

00:53:45.873 --> 00:53:47.195
It's dangerous out there in the Yava.

00:53:47.722 --> 00:53:48.583
You never know what's going to happen.

00:53:50.505 --> 00:53:51.545
You should have seen the

00:53:51.646 --> 00:53:54.248
fucking shit-ass bike that he was riding.

00:53:56.050 --> 00:53:57.150
I thought he was shitcoin

00:53:57.190 --> 00:53:58.371
rich and he's like out here

00:53:58.972 --> 00:54:01.434
fucking riding a ghetto tricycle.

00:54:01.994 --> 00:54:03.876
Was it like a bicycle or

00:54:03.896 --> 00:54:04.538
like a motorcycle?

00:54:05.418 --> 00:54:05.778
No,

00:54:05.918 --> 00:54:09.041
it was a pretty like retro looking

00:54:09.181 --> 00:54:12.826
motorcycle made from possibly just like

00:54:14.233 --> 00:54:16.394
salvaged steel from the

00:54:16.434 --> 00:54:18.577
ground and did he you know

00:54:18.597 --> 00:54:19.336
did he wipe out on his

00:54:19.376 --> 00:54:21.838
motorcycle motor hey did he

00:54:21.878 --> 00:54:23.059
wipe out on his motorcycle

00:54:24.420 --> 00:54:25.481
I feel like that's probably

00:54:25.521 --> 00:54:26.623
what happened he sent me a

00:54:26.682 --> 00:54:27.543
picture of a broken

00:54:27.603 --> 00:54:28.605
collarbone and then this

00:54:29.184 --> 00:54:32.007
picture of this fucking

00:54:32.367 --> 00:54:37.092
rural like motorized skate

00:54:37.371 --> 00:54:42.295
bicycle it was yeah no it

00:54:42.315 --> 00:54:42.996
wasn't it was like it

00:54:43.016 --> 00:54:43.797
looked mint it looked

00:54:44.434 --> 00:54:45.335
Looked like it was about to

00:54:45.434 --> 00:54:55.804
advertise on shitbikessales.com.au.

00:54:55.983 --> 00:54:57.306
So he took the brunt of the

00:54:57.326 --> 00:54:58.045
damage is what you're saying?

00:54:59.347 --> 00:55:02.050
He definitely broke the bike's fall.

00:55:02.710 --> 00:55:05.693
yeah he inserted himself

00:55:05.773 --> 00:55:08.034
between the uh the wall and

00:55:08.074 --> 00:55:10.235
the cycle yeah protect the

00:55:10.414 --> 00:55:14.597
don't scratch the paint all

00:55:14.637 --> 00:55:15.458
right hit us with a news

00:55:15.577 --> 00:55:16.777
item sir I feel like you've

00:55:17.039 --> 00:55:19.360
uh you've skimmed him fuck

00:55:19.400 --> 00:55:20.579
have I i really haven't

00:55:20.719 --> 00:55:22.021
well the maybe we could do

00:55:22.041 --> 00:55:23.382
the well you want I don't

00:55:23.422 --> 00:55:24.061
even know if there's one

00:55:24.081 --> 00:55:24.902
here that we just recently

00:55:24.943 --> 00:55:25.422
talked about but

00:55:26.690 --> 00:55:28.532
maybe this third one there

00:55:28.711 --> 00:55:30.193
is a new token called yop

00:55:30.233 --> 00:55:32.815
token which is yop on

00:55:32.875 --> 00:55:36.617
neutron uh which is really

00:55:37.039 --> 00:55:37.739
kind of pissing it off it

00:55:37.759 --> 00:55:38.400
looks like it came out of

00:55:38.420 --> 00:55:39.940
strange clan or passage or

00:55:39.981 --> 00:55:40.521
whatever the hell it's

00:55:40.561 --> 00:55:43.443
called now and um that's

00:55:43.664 --> 00:55:44.625
super annoying we totally

00:55:44.644 --> 00:55:45.186
should have done this

00:55:47.032 --> 00:55:47.913
pesky meme coiners have

00:55:47.972 --> 00:55:49.052
ruined the one secret thing

00:55:49.072 --> 00:55:50.074
Cosmos had going for it.

00:55:50.094 --> 00:55:52.074
The Yop has been stolen and

00:55:52.255 --> 00:55:55.056
soiled with dirty meme coinery.

00:55:55.797 --> 00:55:56.996
What will Game of Nodes do now?

00:55:57.858 --> 00:55:58.518
I mean, honestly,

00:55:59.639 --> 00:56:00.619
if we were going to register one,

00:56:00.639 --> 00:56:02.039
we'd probably register Shill, right?

00:56:02.659 --> 00:56:03.701
Or we should register both

00:56:03.740 --> 00:56:04.820
and put it into a pool with

00:56:04.860 --> 00:56:05.521
Yop and Shill.

00:56:05.621 --> 00:56:06.322
Like, what the fuck?

00:56:06.342 --> 00:56:07.222
That's a really good idea.

00:56:07.262 --> 00:56:08.222
We totally should have done that.

00:56:08.963 --> 00:56:09.804
So I'm really annoyed that

00:56:09.824 --> 00:56:10.643
this Yop exists.

00:56:10.864 --> 00:56:12.184
That's a really good token name.

00:56:12.885 --> 00:56:13.445
You know,

00:56:14.065 --> 00:56:15.567
technically they own it because...

00:56:17.072 --> 00:56:18.532
the yelp originated out of

00:56:19.373 --> 00:56:22.456
um the that project anyway

00:56:22.536 --> 00:56:25.998
so well we proliferated it

00:56:26.038 --> 00:56:27.199
originated out of there

00:56:27.338 --> 00:56:29.280
yeah it originated out of

00:56:29.340 --> 00:56:31.681
what out of strange clan I

00:56:31.702 --> 00:56:32.882
think strange clan yeah oh

00:56:32.961 --> 00:56:34.563
it's strange discord yeah

00:56:35.204 --> 00:56:36.023
it's where it's where it

00:56:36.063 --> 00:56:37.505
originated I was there I

00:56:37.545 --> 00:56:40.166
saw it seed really

00:56:40.972 --> 00:56:42.653
yeah I totally thought it

00:56:42.693 --> 00:56:43.753
might make you happy yeah

00:56:43.793 --> 00:56:45.074
crypto cito was probably

00:56:45.153 --> 00:56:46.135
like one of the biggest

00:56:46.255 --> 00:56:47.614
proliferators of it in the

00:56:47.655 --> 00:56:50.695
early days oh god yeah do

00:56:50.735 --> 00:56:52.016
you feel dirty now I feel

00:56:52.797 --> 00:56:54.617
like I'm gonna go wash my

00:56:54.657 --> 00:57:00.298
feet I think that's really

00:57:00.318 --> 00:57:01.338
yeah man get your cosmos

00:57:01.378 --> 00:57:02.780
history right here oh

00:57:05.034 --> 00:57:06.496
You would have known it if you were there.

00:57:06.835 --> 00:57:08.418
If you were an OG Strange

00:57:08.478 --> 00:57:11.380
Clan fucking NFT holder.

00:57:11.902 --> 00:57:12.862
Oh, I'm not an NFT holder.

00:57:13.443 --> 00:57:16.827
No, I didn't buy that, but we're Passage.

00:57:17.648 --> 00:57:19.110
Was it Strange Clan or Passage?

00:57:19.269 --> 00:57:19.990
It was Passage, right?

00:57:21.471 --> 00:57:23.833
Or was StrangeClan a chain tour?

00:57:23.853 --> 00:57:24.594
It started out as

00:57:24.614 --> 00:57:25.755
StrangeClan and then they

00:57:25.775 --> 00:57:27.456
brought the chain passage

00:57:28.056 --> 00:57:29.797
to support their ecosystem.

00:57:30.498 --> 00:57:30.659
Right.

00:57:31.699 --> 00:57:32.739
Yeah.

00:57:32.880 --> 00:57:35.503
I got my $400 JPEG,

00:57:36.322 --> 00:57:39.385
which I don't even know where it is now,

00:57:39.425 --> 00:57:39.806
probably.

00:57:41.487 --> 00:57:41.887
From what?

00:57:42.027 --> 00:57:42.909
From a drop or something?

00:57:42.929 --> 00:57:43.369
Or you bought it?

00:57:44.130 --> 00:57:44.650
No, I bought it.

00:57:45.550 --> 00:57:45.990
You bought a $400 JPEG?

00:57:47.472 --> 00:57:50.954
yeah it was like peak it was

00:57:51.074 --> 00:57:54.416
peak fomo season man in

00:57:54.416 --> 00:58:01.800
2021 everyone's like yeah I

00:58:01.840 --> 00:58:02.420
still have a passage

00:58:02.440 --> 00:58:03.322
validator running somewhere

00:58:05.543 --> 00:58:06.844
oh yeah yeah you would have

00:58:06.864 --> 00:58:07.885
got an airdrop then at some

00:58:07.925 --> 00:58:09.905
point of some passage token sure

00:58:12.974 --> 00:58:14.713
sure yeah it doesn't make

00:58:14.753 --> 00:58:16.054
any noise so there it is

00:58:16.315 --> 00:58:17.695
still still humming away

00:58:18.195 --> 00:58:20.117
somewhere I didn't I had no

00:58:20.157 --> 00:58:20.836
idea about the yop

00:58:20.936 --> 00:58:23.197
integration here or the the

00:58:23.237 --> 00:58:26.820
history I feel dirty yeah

00:58:26.860 --> 00:58:29.541
well now you know um so

00:58:29.641 --> 00:58:31.681
noble announces the second

00:58:31.722 --> 00:58:33.943
round of its natively issued assets

00:58:35.507 --> 00:58:38.030
I feel like that should be

00:58:38.190 --> 00:58:39.911
worded as the second asset,

00:58:40.251 --> 00:58:41.393
not the second round.

00:58:41.653 --> 00:58:42.213
But anyway,

00:58:43.114 --> 00:58:44.295
so this time it's onboarding

00:58:44.476 --> 00:58:47.960
Frax with a market cap of $380 million.

00:58:48.440 --> 00:58:49.422
They're hoping to bring some

00:58:49.621 --> 00:58:51.244
of that to the Cosmos.

00:58:52.585 --> 00:58:53.186
So there you go.

00:58:53.405 --> 00:58:56.588
Well, Frax.

00:58:56.648 --> 00:58:57.650
Anyone know what Frax is?

00:58:57.670 --> 00:58:58.110
Yeah.

00:58:58.927 --> 00:58:59.068
No.

00:58:59.829 --> 00:59:00.789
I feel like Shiltsy would.

00:59:01.791 --> 00:59:02.871
He's more of like an

00:59:03.333 --> 00:59:05.394
ecosystem diversity hire over here.

00:59:06.376 --> 00:59:07.157
Let's see.

00:59:07.896 --> 00:59:13.302
Ecosystem diversity.

00:59:13.362 --> 00:59:15.864
So Frax... The only thing I

00:59:15.885 --> 00:59:18.088
really know about Frax is they have...

00:59:19.429 --> 00:59:21.329
ways of buying off-chain assets.

00:59:21.349 --> 00:59:22.469
There's Frax Gold.

00:59:23.030 --> 00:59:24.510
I know they have their own USDC.

00:59:25.552 --> 00:59:26.512
If I remember correctly,

00:59:26.532 --> 00:59:29.072
I think USDC actually is

00:59:29.172 --> 00:59:32.574
issued through Frax in their mechanism.

00:59:34.114 --> 00:59:35.655
Circle issues it through them?

00:59:36.576 --> 00:59:37.115
I think so.

00:59:38.177 --> 00:59:39.297
Let me confirm.

00:59:39.416 --> 00:59:39.757
Hold on.

00:59:39.856 --> 00:59:41.697
Is this the original Circle stake?

00:59:44.579 --> 00:59:45.480
This seems to be a bit of a

00:59:45.539 --> 00:59:47.239
step down from USDC, to be honest,

00:59:47.300 --> 00:59:48.920
but I don't know too much about Frax.

00:59:50.409 --> 00:59:50.670
Well,

00:59:50.769 --> 00:59:52.090
it's like we were talking about earlier,

00:59:52.110 --> 00:59:53.311
you know, um,

00:59:54.050 --> 00:59:55.192
you bring out your flagship

00:59:55.211 --> 00:59:56.431
product and then go back to

00:59:56.472 --> 00:59:59.592
the reject pile and then

00:59:59.612 --> 01:00:00.273
bring out the rest.

01:00:04.195 --> 01:00:04.434
Yep.

01:00:05.554 --> 01:00:06.315
That's how it starts.

01:00:07.516 --> 01:00:08.295
It's like an iPad.

01:00:08.315 --> 01:00:09.536
I feel like the iPad was on

01:00:09.556 --> 01:00:10.376
the reject pile.

01:00:12.277 --> 01:00:13.157
Do you own an iPad?

01:00:14.137 --> 01:00:16.278
Uh, I did 10 years ago.

01:00:17.349 --> 01:00:17.829
I haven't touched,

01:00:17.869 --> 01:00:18.610
I've probably been touched

01:00:18.670 --> 01:00:21.070
one since like maybe 2012,

01:00:21.070 --> 01:00:23.152
something like that, 2013.

01:00:23.152 --> 01:00:24.833
So I'm on my second iPad, right?

01:00:26.074 --> 01:00:28.594
And I don't think I've ever used it.

01:00:28.614 --> 01:00:30.476
I mean,

01:00:30.516 --> 01:00:31.757
there's only so many things you can do.

01:00:32.277 --> 01:00:34.697
And like, it seems like you're right.

01:00:34.717 --> 01:00:35.478
They had a prototype of a

01:00:35.518 --> 01:00:36.259
large iPhone later.

01:00:36.298 --> 01:00:36.659
I'm like, Hey,

01:00:36.679 --> 01:00:37.420
why don't we sell this thing?

01:00:37.969 --> 01:00:39.211
Let's just make this into something.

01:00:39.893 --> 01:00:40.172
You know,

01:00:40.253 --> 01:00:41.353
it's just pretty fucking

01:00:41.394 --> 01:00:42.775
inconvenient to carry around.

01:00:43.097 --> 01:00:44.038
Like you've either got your

01:00:44.057 --> 01:00:45.380
laptop in your backpack or

01:00:45.400 --> 01:00:46.380
your phone in your pocket.

01:00:46.681 --> 01:00:48.804
This whole mid format thing

01:00:49.103 --> 01:00:50.907
is just like pretty inconvenient.

01:00:53.119 --> 01:00:55.239
Because you're not maintaining it, right?

01:00:55.300 --> 01:00:57.461
You want to do something with power,

01:00:57.501 --> 01:00:58.581
you get out your laptop.

01:00:58.842 --> 01:01:00.262
You fucking go hard on your

01:01:00.282 --> 01:01:02.864
keyboard and your CLI.

01:01:03.744 --> 01:01:04.865
And if you want to just

01:01:04.965 --> 01:01:05.965
browse through shit and

01:01:05.985 --> 01:01:07.867
look at random crap, you're on your phone,

01:01:07.907 --> 01:01:08.128
right?

01:01:09.248 --> 01:01:09.867
Swiping away.

01:01:10.889 --> 01:01:12.429
And what is the point of the mid...

01:01:14.570 --> 01:01:14.990
I don't get it.

01:01:15.010 --> 01:01:17.293
I can see them as

01:01:17.932 --> 01:01:21.755
information systems to do

01:01:21.835 --> 01:01:23.056
things for business.

01:01:23.096 --> 01:01:24.076
You might have something out

01:01:24.096 --> 01:01:25.496
in the open for someone to

01:01:26.518 --> 01:01:27.998
swipe on and do some stuff

01:01:28.039 --> 01:01:28.958
to do with your business.

01:01:29.418 --> 01:01:29.860
But I don't...

01:01:30.851 --> 01:01:32.213
Because you don't maintain it, right?

01:01:32.293 --> 01:01:33.494
It's not like you're not

01:01:33.534 --> 01:01:35.615
always on your phone, like on your iPad,

01:01:35.635 --> 01:01:36.958
you're on your phone or your laptop.

01:01:36.998 --> 01:01:38.500
And then if you've got your

01:01:38.579 --> 01:01:40.461
iPad sitting on your couch or something,

01:01:40.481 --> 01:01:42.284
you might occasionally get it out.

01:01:42.864 --> 01:01:43.005
Like,

01:01:43.045 --> 01:01:45.206
I don't think that the typing on it's

01:01:45.266 --> 01:01:48.070
as easy as a phone.

01:01:48.710 --> 01:01:50.012
I think like the whole...

01:01:52.445 --> 01:01:53.425
Because you bring up a

01:01:53.525 --> 01:01:54.987
normal type website instead

01:01:55.027 --> 01:01:56.246
of a mobile website,

01:01:56.306 --> 01:01:57.967
which are a little bit more

01:01:58.027 --> 01:01:59.288
clunky on that interface.

01:01:59.347 --> 01:02:00.869
It just doesn't make a whole lot of sense.

01:02:00.969 --> 01:02:03.228
And I feel like it's like

01:02:03.289 --> 01:02:06.130
they went back to the bin

01:02:06.190 --> 01:02:08.090
of ideas and like, fuck it,

01:02:08.130 --> 01:02:08.590
let's do this.

01:02:09.760 --> 01:02:12.402
well at the time in 2010 the

01:02:12.463 --> 01:02:13.963
idea was like like that was

01:02:13.983 --> 01:02:15.565
like when like the um what

01:02:15.585 --> 01:02:16.364
was the name for like the

01:02:16.465 --> 01:02:18.887
really cheap uh windows pcs

01:02:20.208 --> 01:02:20.929
they were like three four

01:02:20.949 --> 01:02:21.628
hundred dollars I forget

01:02:21.648 --> 01:02:22.248
what they used to call

01:02:22.268 --> 01:02:23.050
those things but they were

01:02:23.090 --> 01:02:25.231
like ultra books something

01:02:25.291 --> 01:02:26.913
like that no no but it was

01:02:26.932 --> 01:02:27.913
like an ultra yeah maybe it

01:02:27.932 --> 01:02:28.793
was ultra book it could be

01:02:29.193 --> 01:02:30.494
but it was like a like

01:02:30.554 --> 01:02:31.976
under 500 bucks something

01:02:32.016 --> 01:02:33.277
that was underpowered it

01:02:33.336 --> 01:02:34.677
ran windows it was clunky

01:02:34.757 --> 01:02:35.918
you had a shitty interface right

01:02:36.559 --> 01:02:37.262
And that was like all 2007,

01:02:37.262 --> 01:02:38.244
like after the iPhone and

01:02:38.385 --> 01:02:40.012
all that kind of stuff.

01:02:40.052 --> 01:02:41.014
And so at 2010,

01:02:41.014 --> 01:02:41.717
when they launched that thing,

01:02:41.757 --> 01:02:42.621
I get it like.

01:02:43.367 --> 01:02:43.947
we have this bigger

01:02:43.967 --> 01:02:44.889
interface and like this

01:02:44.949 --> 01:02:45.949
keyboard and then like oh

01:02:45.969 --> 01:02:46.588
yeah we're gonna add a

01:02:46.648 --> 01:02:47.769
hardware keyboard to it and

01:02:47.809 --> 01:02:49.250
we can turn this thing and

01:02:49.269 --> 01:02:49.831
we're gonna turn this

01:02:49.911 --> 01:02:50.851
productivity device and

01:02:50.871 --> 01:02:52.070
like replace a laptop and

01:02:52.090 --> 01:02:53.711
then even even like apple

01:02:53.751 --> 01:02:55.512
took a on macbooks and

01:02:55.773 --> 01:02:57.253
before like they dropped

01:02:57.273 --> 01:02:58.193
the air for a while right

01:02:58.213 --> 01:02:59.074
and it was all this ipad

01:02:59.094 --> 01:03:00.195
stuff and everybody started

01:03:00.215 --> 01:03:01.034
to realize like I actually

01:03:01.054 --> 01:03:02.014
can't do work on this thing

01:03:02.235 --> 01:03:03.135
like there's no

01:03:03.195 --> 01:03:04.536
multitasking I can't really

01:03:04.576 --> 01:03:05.277
swipe between apps

01:03:05.336 --> 01:03:06.597
everything's full screen I

01:03:06.637 --> 01:03:07.757
can't copy paste like worth

01:03:08.677 --> 01:03:09.219
They were like,

01:03:09.278 --> 01:03:10.300
I really need these things to do.

01:03:10.641 --> 01:03:11.704
I want Mac OS.

01:03:11.724 --> 01:03:13.206
And then the whole revival

01:03:13.427 --> 01:03:15.289
of Mac OS came around and

01:03:15.309 --> 01:03:15.771
all this kind of stuff.

01:03:15.791 --> 01:03:17.273
So I think to answer your point,

01:03:17.293 --> 01:03:18.335
what the iPad's for is for

01:03:18.375 --> 01:03:19.277
watching YouTube in bed.

01:03:20.376 --> 01:03:21.157
that's really that's

01:03:21.257 --> 01:03:22.277
literally what that's for

01:03:22.356 --> 01:03:23.838
like it's watching plex or

01:03:23.878 --> 01:03:25.278
youtube or some sort of

01:03:25.318 --> 01:03:26.619
streaming tv in bed with

01:03:26.659 --> 01:03:27.561
headphones on that doesn't

01:03:28.161 --> 01:03:29.202
that doesn't affect your

01:03:29.222 --> 01:03:30.442
significant other who is

01:03:30.501 --> 01:03:31.422
watching probably like a

01:03:31.483 --> 01:03:32.804
friend's rerun on the tv

01:03:32.884 --> 01:03:33.784
and it's in your bedroom

01:03:34.005 --> 01:03:34.804
that's literally what it's

01:03:34.824 --> 01:03:36.786
for and so it's for it's

01:03:36.865 --> 01:03:38.206
for watching linux training

01:03:38.246 --> 01:03:39.307
videos on pornhub

01:03:43.746 --> 01:03:44.126
Exactly.

01:03:44.146 --> 01:03:46.527
That's exactly what it's for watching TV.

01:03:46.606 --> 01:03:47.706
When your spouse is watching

01:03:47.746 --> 01:03:48.746
something else that you want to watch,

01:03:48.786 --> 01:03:49.347
but you still want to be in

01:03:49.367 --> 01:03:51.068
the same room and you want to be like,

01:03:51.188 --> 01:03:51.807
I have a connection,

01:03:51.847 --> 01:03:52.608
but I'm actually not have a

01:03:52.648 --> 01:03:53.228
connection because I'm

01:03:53.248 --> 01:03:54.748
watching Jeff Geerling do

01:03:54.789 --> 01:03:55.548
something on something.

01:03:55.748 --> 01:03:57.548
Or as many people in the

01:03:57.590 --> 01:03:58.349
comments have said to

01:03:58.449 --> 01:03:59.250
occupy your children,

01:03:59.389 --> 01:04:00.250
which is totally true.

01:04:00.289 --> 01:04:00.429
My,

01:04:00.550 --> 01:04:02.931
both my kids have incredibly broken

01:04:02.971 --> 01:04:05.311
iPads in really soft type

01:04:05.351 --> 01:04:06.431
of things that they can throw around.

01:04:06.472 --> 01:04:07.072
It doesn't matter.

01:04:07.391 --> 01:04:08.572
And it doesn't, it does.

01:04:08.672 --> 01:04:09.092
It's fine.

01:04:10.913 --> 01:04:11.233
It works.

01:04:13.139 --> 01:04:15.139
Yeah, that makes sense, I guess.

01:04:15.199 --> 01:04:16.179
It'll get canceled the same

01:04:16.219 --> 01:04:17.721
way the Vision Pro will get canceled.

01:04:20.561 --> 01:04:23.503
They're both good.

01:04:23.603 --> 01:04:26.844
Have you used the Vision Pro?

01:04:27.264 --> 01:04:28.405
Yet you're out here throwing

01:04:28.465 --> 01:04:29.806
these wild accusations around.

01:04:30.025 --> 01:04:31.306
My kids have Quest 2s.

01:04:32.666 --> 01:04:34.206
Now, the Vision Pro,

01:04:34.427 --> 01:04:36.327
what I would really like is

01:04:36.648 --> 01:04:37.349
I would love...

01:04:38.391 --> 01:04:40.672
and a real visual interface

01:04:40.771 --> 01:04:42.472
to allow me to use infinite

01:04:42.572 --> 01:04:44.074
monitors and screens in a

01:04:44.373 --> 01:04:46.215
3D space to get work done.

01:04:46.875 --> 01:04:48.175
That would be fucking awesome.

01:04:48.655 --> 01:04:51.297
Like in a true, like plug me into this Mac,

01:04:51.777 --> 01:04:53.958
give me an infinite thing.

01:04:53.998 --> 01:04:55.280
I could put windows wherever I want,

01:04:55.320 --> 01:04:57.260
like shelves and this and that,

01:04:57.320 --> 01:04:58.661
and just allow me to do

01:04:58.742 --> 01:05:00.983
work in like a sphere.

01:05:02.213 --> 01:05:03.233
With a keyboard and mouse,

01:05:03.275 --> 01:05:03.954
all the same shit.

01:05:03.976 --> 01:05:04.916
I don't need to move things around.

01:05:04.936 --> 01:05:05.838
I don't want to look at things.

01:05:06.298 --> 01:05:06.820
None of that shit.

01:05:06.860 --> 01:05:07.880
But just give me that.

01:05:07.940 --> 01:05:08.842
That's really what I want.

01:05:09.623 --> 01:05:10.545
But that's not what this is.

01:05:11.280 --> 01:05:13.882
yeah the same thing but

01:05:14.101 --> 01:05:16.222
augmented reality see

01:05:16.302 --> 01:05:17.664
through the actual goggles

01:05:17.684 --> 01:05:19.103
like you could still yeah

01:05:19.585 --> 01:05:21.226
yeah yeah the weight would

01:05:21.246 --> 01:05:22.606
be a problem your eyes are

01:05:22.646 --> 01:05:23.626
sweating and shit like you

01:05:23.646 --> 01:05:24.688
don't want that right yeah

01:05:25.327 --> 01:05:26.809
doing away with you know

01:05:26.889 --> 01:05:27.768
the monitor well even if

01:05:27.789 --> 01:05:28.809
you have your main monitor

01:05:28.829 --> 01:05:29.971
and then just like fucking

01:05:29.971 --> 01:05:31.271
40 auxiliary monitors

01:05:31.311 --> 01:05:32.271
around you you can just be like

01:05:32.829 --> 01:05:33.769
not even a monitor just like

01:05:33.869 --> 01:05:34.989
get rid of that idea like

01:05:35.030 --> 01:05:36.670
that idea like I want all

01:05:36.690 --> 01:05:37.791
these mac windows that like

01:05:37.811 --> 01:05:38.811
there must be I must have

01:05:38.811 --> 01:05:40.231
40 windows open on this mac

01:05:40.291 --> 01:05:41.452
right oh yeah yeah so it's

01:05:41.472 --> 01:05:42.592
like not a screen it's just

01:05:42.612 --> 01:05:43.811
like it's not a screen it's

01:05:43.831 --> 01:05:45.213
just like here's my shit

01:05:45.273 --> 01:05:46.092
right there's a dock like

01:05:46.172 --> 01:05:46.972
at my knees right or

01:05:46.992 --> 01:05:47.592
whatever the hell it is I

01:05:47.612 --> 01:05:48.652
still have a mouse I can

01:05:48.672 --> 01:05:50.514
move things around like I

01:05:50.534 --> 01:05:51.534
don't I don't want to be I

01:05:51.554 --> 01:05:52.534
don't need to be mobile you

01:05:52.554 --> 01:05:53.755
can plug me into like a

01:05:53.855 --> 01:05:55.534
usbc cable I just want an

01:05:55.695 --> 01:05:57.394
infinite canvas that's what

01:05:57.434 --> 01:05:58.615
I want and a really light

01:05:58.655 --> 01:05:59.916
headset with no battery

01:06:01.239 --> 01:06:02.721
plug me in it's fine I'll

01:06:02.760 --> 01:06:03.581
sit in this fucking chair

01:06:03.601 --> 01:06:04.882
it's fine I don't need

01:06:05.262 --> 01:06:05.882
don't need to see where my

01:06:05.902 --> 01:06:06.663
hands are I don't give a

01:06:06.682 --> 01:06:07.362
shit about that I just want

01:06:07.382 --> 01:06:08.282
that's what I want but that

01:06:08.322 --> 01:06:09.603
doesn't exist yet the

01:06:09.643 --> 01:06:11.045
vision pro is an automatic

01:06:11.144 --> 01:06:12.445
no for me because I can't

01:06:12.505 --> 01:06:13.445
type without looking at my

01:06:13.485 --> 01:06:19.469
keyboard so I was just

01:06:19.528 --> 01:06:20.409
talking to my son about

01:06:20.449 --> 01:06:23.710
that yeah look out you looked out

01:06:25.175 --> 01:06:26.496
Just to get my orientation,

01:06:26.655 --> 01:06:27.056
like occasionally.

01:06:27.076 --> 01:06:28.976
But don't you feel the, what is it,

01:06:29.115 --> 01:06:29.996
F and J or something?

01:06:30.177 --> 01:06:30.836
Do you feel the F and J?

01:06:30.856 --> 01:06:31.556
Do you feel the dots?

01:06:32.336 --> 01:06:33.137
Nah, not really.

01:06:33.797 --> 01:06:34.378
Not like that.

01:06:35.038 --> 01:06:35.338
Yeah.

01:06:36.699 --> 01:06:38.619
I never really learned to touch type.

01:06:38.918 --> 01:06:40.219
I can type reasonably quickly,

01:06:40.280 --> 01:06:42.940
but I'm not a touch typer.

01:06:43.481 --> 01:06:47.942
I think that's what my son is,

01:06:48.081 --> 01:06:48.961
they're learning typing.

01:06:49.141 --> 01:06:50.842
And so they're trying to

01:06:50.882 --> 01:06:52.943
teach him to not look at the keyboard,

01:06:52.983 --> 01:06:53.143
right?

01:06:53.164 --> 01:06:54.324
And they're trying to hit...

01:06:55.219 --> 01:06:56.458
four w's and hit you know

01:06:56.498 --> 01:06:57.519
two t's and those kind of

01:06:57.539 --> 01:06:58.559
shit and hit three commas

01:06:59.380 --> 01:07:01.960
and and they're trying to

01:07:02.001 --> 01:07:03.041
train him that way but he's

01:07:03.141 --> 01:07:04.141
faster if he looks like if

01:07:04.161 --> 01:07:05.043
he just like looks down

01:07:05.083 --> 01:07:06.603
he's way faster and so he's

01:07:06.663 --> 01:07:07.322
ignoring all this stuff

01:07:07.342 --> 01:07:08.184
because I'm faster if I

01:07:08.224 --> 01:07:09.543
look so I'm trying to like

01:07:09.704 --> 01:07:11.485
build this confidence

01:07:11.585 --> 01:07:13.005
around listen I will kick

01:07:13.025 --> 01:07:14.126
your ass on typing like

01:07:14.286 --> 01:07:15.266
even if you're looking or

01:07:15.286 --> 01:07:17.427
not like just just trust

01:07:17.586 --> 01:07:18.507
the fact there would trust

01:07:18.547 --> 01:07:19.708
the process that you need to go through

01:07:20.288 --> 01:07:20.909
to get to the point where

01:07:20.929 --> 01:07:21.869
you can go like I could do

01:07:21.929 --> 01:07:24.092
totp codes on this extended

01:07:24.132 --> 01:07:25.974
keyboard on the right like

01:07:26.173 --> 01:07:27.275
without looking like I can

01:07:27.335 --> 01:07:28.817
easily type in six digit

01:07:28.836 --> 01:07:29.818
codes like all day which I

01:07:29.878 --> 01:07:32.760
do it seems um around to be

01:07:32.780 --> 01:07:34.463
able to do that and so you

01:07:34.483 --> 01:07:35.163
got to get to that point

01:07:35.182 --> 01:07:36.244
dude you gotta you gotta

01:07:36.284 --> 01:07:37.865
let it go put like a put a

01:07:37.885 --> 01:07:38.967
cloth over your hands and

01:07:38.987 --> 01:07:41.869
just I can numpad with the best of them

01:07:42.831 --> 01:07:44.152
The numpad's not a problem.

01:07:44.911 --> 01:07:46.233
It's the keyboard.

01:07:46.793 --> 01:07:48.474
Is it the actual... Is it

01:07:48.594 --> 01:07:49.275
like the peripherals?

01:07:49.355 --> 01:07:52.436
It's like the hashes and

01:07:53.177 --> 01:07:53.998
kill days and shit?

01:07:54.038 --> 01:07:54.878
Or is it the actual... I

01:07:54.898 --> 01:07:55.679
don't know what a P is.

01:07:57.659 --> 01:07:58.079
Nah, like...

01:07:59.349 --> 01:08:01.652
I can get away with typing a

01:08:01.711 --> 01:08:02.831
fair bit without looking at it,

01:08:02.931 --> 01:08:03.592
but I'm going to make a lot

01:08:03.632 --> 01:08:06.755
of mistakes because I just

01:08:06.795 --> 01:08:07.675
don't have the mind map of

01:08:07.695 --> 01:08:08.396
where the keys are.

01:08:09.135 --> 01:08:10.177
But there is no fucking way

01:08:10.197 --> 01:08:12.739
that I'm doing special characters.

01:08:12.998 --> 01:08:14.940
I've got no idea where they are.

01:08:16.001 --> 01:08:16.560
Just do it.

01:08:17.278 --> 01:08:17.417
I mean,

01:08:17.457 --> 01:08:19.139
you're beyond Mavis Beacon and shit.

01:08:19.359 --> 01:08:20.640
Just put a towel over your

01:08:20.659 --> 01:08:23.261
hands for like a week and

01:08:23.301 --> 01:08:24.582
just struggle through it.

01:08:25.804 --> 01:08:28.966
I don't have the time to do it.

01:08:29.006 --> 01:08:29.445
Get through it.

01:08:30.167 --> 01:08:30.806
Or the patience.

01:08:31.006 --> 01:08:31.688
I just don't have it.

01:08:32.747 --> 01:08:33.788
And then I'm just going to

01:08:33.809 --> 01:08:34.649
look at it again anyway.

01:08:34.670 --> 01:08:35.850
I'll be like, yeah, it was cool.

01:08:35.909 --> 01:08:36.751
And then I'll just start

01:08:36.791 --> 01:08:37.731
fucking looking at it again.

01:08:37.771 --> 01:08:38.032
You won't.

01:08:38.051 --> 01:08:38.511
You'll stop.

01:08:38.872 --> 01:08:39.573
I guarantee you'll stop.

01:08:40.774 --> 01:08:42.814
Because at some point... Do

01:08:42.835 --> 01:08:43.515
you make me stop?

01:08:44.336 --> 01:08:45.157
No, your brain...

01:08:47.631 --> 01:08:48.511
it's weird because at some

01:08:48.532 --> 01:08:49.573
point it turns into muscle

01:08:49.592 --> 01:08:51.935
memory where like, I don't even like,

01:08:51.975 --> 01:08:53.296
if I have to think about where a P is,

01:08:53.315 --> 01:08:54.277
I don't even know where that is.

01:08:54.796 --> 01:08:54.976
Like,

01:08:55.158 --> 01:08:56.198
like I have to think about where a

01:08:56.819 --> 01:08:58.119
backslash or a slash is like,

01:08:58.159 --> 01:08:58.980
I can't think about it in

01:08:59.020 --> 01:09:00.542
my head or I can't picture it.

01:09:00.681 --> 01:09:01.703
Like I can't visualize it.

01:09:02.224 --> 01:09:02.564
But if I,

01:09:02.724 --> 01:09:03.965
but if I just sit down and start typing,

01:09:04.005 --> 01:09:04.706
I can do it all day.

01:09:04.865 --> 01:09:05.046
Right.

01:09:05.105 --> 01:09:06.027
Without even looking, which is,

01:09:06.606 --> 01:09:09.649
which is really, it's weird.

01:09:09.670 --> 01:09:10.671
Like your brain's like, yeah,

01:09:10.690 --> 01:09:11.070
I know how to,

01:09:11.131 --> 01:09:12.231
I know how to make that character,

01:09:12.292 --> 01:09:13.573
but it doesn't tell like your,

01:09:13.594 --> 01:09:14.354
the rest of your,

01:09:14.713 --> 01:09:15.654
the rest of your being like

01:09:15.694 --> 01:09:16.296
where that thing is.

01:09:18.498 --> 01:09:19.180
Yeah, no, I get it.

01:09:19.640 --> 01:09:19.921
I get it.

01:09:20.402 --> 01:09:21.323
You know, the thing is,

01:09:21.342 --> 01:09:23.286
I probably... I feel like

01:09:23.326 --> 01:09:24.448
I've talked about this before.

01:09:24.467 --> 01:09:25.389
I don't know if it was just

01:09:26.109 --> 01:09:28.052
talking to other people, IRL or on here,

01:09:28.092 --> 01:09:29.234
but, you know,

01:09:29.255 --> 01:09:30.155
the problem is when you get

01:09:30.235 --> 01:09:31.118
older is that you just

01:09:31.198 --> 01:09:33.440
fucking have no patience and you just...

01:09:35.203 --> 01:09:39.704
your brain is not creating new pathways.

01:09:40.064 --> 01:09:41.604
So learning shit is hard.

01:09:42.166 --> 01:09:45.207
And it's not like when you're young,

01:09:45.247 --> 01:09:45.766
like pre-21,

01:09:46.046 --> 01:09:49.887
you pick stuff up and you

01:09:49.908 --> 01:09:51.069
learn it and you remember it, right?

01:09:51.109 --> 01:09:52.448
Because you're still

01:09:52.488 --> 01:09:53.609
creating pathways in your

01:09:53.630 --> 01:09:55.470
brain and it just picks the shit up.

01:09:56.010 --> 01:09:56.631
Once you're like...

01:09:56.631 --> 01:10:00.073
30 plus you know things

01:10:00.092 --> 01:10:00.972
start to get harder to

01:10:00.993 --> 01:10:03.094
learn it's it's not as you

01:10:03.154 --> 01:10:04.814
you can learn harder stuff

01:10:05.956 --> 01:10:08.337
um because like you have

01:10:08.377 --> 01:10:09.497
some more dedication to

01:10:09.537 --> 01:10:10.578
learning but then as you get

01:10:11.613 --> 01:10:13.533
older and older it's like

01:10:13.972 --> 01:10:15.694
actually your brain taking

01:10:15.753 --> 01:10:17.033
on that shit is harder and

01:10:17.054 --> 01:10:18.234
you have to spend more time

01:10:18.314 --> 01:10:19.595
on it and work on it more

01:10:20.255 --> 01:10:21.154
and I think we just lose

01:10:21.215 --> 01:10:22.215
patience for it as we get

01:10:22.274 --> 01:10:23.095
older as well and we're

01:10:23.114 --> 01:10:25.055
just like fuck man are you

01:10:25.095 --> 01:10:26.015
learning that's gonna be

01:10:26.076 --> 01:10:27.615
hard age explaining me I'm

01:10:27.636 --> 01:10:28.935
like twice your age what

01:10:28.956 --> 01:10:29.855
the fuck are you talking

01:10:29.876 --> 01:10:31.016
about yes you know what's

01:10:31.056 --> 01:10:32.417
going on so like you want

01:10:32.436 --> 01:10:34.577
to learn you want to learn

01:10:34.617 --> 01:10:36.057
like uh you know some sort

01:10:36.097 --> 01:10:37.557
of new thing right it's a

01:10:37.978 --> 01:10:38.898
Fuck, I have to learn this shit.

01:10:38.917 --> 01:10:39.898
I'm learning Python right now.

01:10:40.219 --> 01:10:41.998
I need to... There's only

01:10:42.099 --> 01:10:43.399
one thing I've never been able to learn,

01:10:43.439 --> 01:10:44.279
which is really pissing me off,

01:10:44.340 --> 01:10:44.760
is Spanish.

01:10:44.859 --> 01:10:45.800
But away from that,

01:10:46.119 --> 01:10:47.420
that's like a mental block.

01:10:47.460 --> 01:10:47.880
I can't do it.

01:10:47.939 --> 01:10:48.860
It's fucking miserable.

01:10:49.400 --> 01:10:51.081
Python is... If you've

01:10:51.100 --> 01:10:52.981
already got a grasp on programming,

01:10:53.122 --> 01:10:55.402
fucking Python is not learning anything.

01:10:55.841 --> 01:10:57.222
It is just omitting shit.

01:10:58.302 --> 01:10:59.162
It's more difficult than

01:10:59.182 --> 01:11:00.323
learning how to fucking touch type.

01:11:01.103 --> 01:11:02.224
Don't give me that shit.

01:11:02.283 --> 01:11:03.144
It's just learning...

01:11:03.925 --> 01:11:05.305
Like get a list of libraries,

01:11:06.207 --> 01:11:07.307
remove all the fucking

01:11:07.368 --> 01:11:08.849
semi-colons from anything

01:11:08.929 --> 01:11:10.170
and just start indenting

01:11:10.229 --> 01:11:10.970
stuff and you're there.

01:11:11.230 --> 01:11:12.051
I'm just saying,

01:11:12.351 --> 01:11:13.712
you're saying that if you're over 30,

01:11:13.712 --> 01:11:15.094
you can't learn anything anymore.

01:11:15.154 --> 01:11:16.295
Like that's ridiculous.

01:11:16.456 --> 01:11:17.796
Like you can learn how to touch type at

01:11:18.729 --> 01:11:19.170
50 or 60.

01:11:19.430 --> 01:11:20.490
Going from a real

01:11:20.570 --> 01:11:21.791
programming language to

01:11:21.810 --> 01:11:23.032
Python is unlearning.

01:11:23.412 --> 01:11:23.971
That's different.

01:11:24.632 --> 01:11:25.412
I don't know any real

01:11:25.453 --> 01:11:26.132
programming languages either.

01:11:26.153 --> 01:11:26.893
What are you talking about?

01:11:26.932 --> 01:11:27.854
What's giving me a real program?

01:11:27.934 --> 01:11:28.213
Like what?

01:11:28.253 --> 01:11:28.713
Like C?

01:11:28.873 --> 01:11:30.234
I did that 30 years ago.

01:11:30.435 --> 01:11:30.675
Yeah.

01:11:31.255 --> 01:11:31.814
Or C sharp?

01:11:31.835 --> 01:11:32.055
Yeah.

01:11:32.615 --> 01:11:32.895
For sure.

01:11:32.916 --> 01:11:33.895
You've got a basis, right?

01:11:34.636 --> 01:11:35.317
I've got a basis.

01:11:35.356 --> 01:11:35.716
Fuck you.

01:11:35.737 --> 01:11:39.599
I've got a basis.

01:11:39.618 --> 01:11:40.559
You've got a basis, right?

01:11:40.698 --> 01:11:40.918
Yeah.

01:11:41.439 --> 01:11:41.519
Yeah.

01:11:41.538 --> 01:11:42.079
I've got a basis.

01:11:42.100 --> 01:11:42.699
You've got a basis.

01:11:43.159 --> 01:11:44.461
You learnt that shit when you were young.

01:11:44.480 --> 01:11:45.261
You're never forgetting it.

01:11:45.940 --> 01:11:46.962
It's like you're touch typing.

01:11:46.981 --> 01:11:47.502
Fucking...

01:11:48.796 --> 01:11:49.658
literally you told everybody

01:11:49.698 --> 01:11:50.498
that once you're 30 you

01:11:50.519 --> 01:11:51.840
can't learn anything like

01:11:51.880 --> 01:11:53.020
you're done like you just

01:11:53.041 --> 01:11:54.521
roll up into a fucking ball

01:11:54.542 --> 01:11:57.625
you're done once you get 30

01:11:57.625 --> 01:11:59.867
it's all downhill folks

01:12:00.787 --> 01:12:01.587
what I'm saying is it's

01:12:01.648 --> 01:12:02.868
difficult and you get

01:12:02.929 --> 01:12:04.451
grumpy and fucking don't

01:12:04.470 --> 01:12:05.992
want to like do it you just

01:12:06.032 --> 01:12:07.372
like well that that part's

01:12:07.412 --> 01:12:08.634
true except if you're on

01:12:08.654 --> 01:12:09.534
your ipad and youtube

01:12:09.574 --> 01:12:10.615
watching it in bed while you're

01:12:11.538 --> 01:12:12.679
wayfights friends friends

01:12:12.719 --> 01:12:14.039
reruns but that's why all

01:12:14.079 --> 01:12:14.979
people are still listening

01:12:15.020 --> 01:12:16.720
to fucking waltz because

01:12:16.840 --> 01:12:18.381
like you know kids these

01:12:18.421 --> 01:12:19.461
days when they've loud

01:12:19.480 --> 01:12:21.862
music I just uh I don't

01:12:21.881 --> 01:12:22.782
want to they don't want to

01:12:22.801 --> 01:12:24.082
understand the the new

01:12:24.101 --> 01:12:25.103
culture of music and

01:12:25.122 --> 01:12:25.622
they're just like oh

01:12:25.943 --> 01:12:27.363
fucking waltz for me till I

01:12:27.382 --> 01:12:29.203
die thank you it's funny

01:12:29.224 --> 01:12:30.144
it's the opposite in this house

01:12:31.453 --> 01:12:33.515
play I play really loud

01:12:33.555 --> 01:12:34.716
music in this house at like

01:12:34.817 --> 01:12:36.997
really inopportune times um

01:12:37.578 --> 01:12:38.779
and my kids like they get

01:12:38.859 --> 01:12:40.301
so annoying like that's

01:12:40.320 --> 01:12:41.282
gonna be that's gonna be

01:12:41.301 --> 01:12:42.181
their memory of this house

01:12:42.261 --> 01:12:45.725
is me jamming really loud

01:12:45.784 --> 01:12:47.765
music and huge speakers and

01:12:47.865 --> 01:12:50.889
shaking their rooms so I'm

01:12:50.908 --> 01:12:52.569
trying to try to force a

01:12:52.710 --> 01:12:54.992
love of good music into

01:12:55.011 --> 01:12:56.212
their minds even if they

01:12:57.704 --> 01:12:58.444
don't know if it's working

01:12:58.585 --> 01:12:59.626
honestly I don't know it's

01:12:59.666 --> 01:13:01.207
a mix it might be let's see

01:13:01.226 --> 01:13:02.306
what happens I've I've seen

01:13:02.367 --> 01:13:03.828
a photo of your audio setup

01:13:03.887 --> 01:13:04.788
and I'm a little bit jelly

01:13:04.809 --> 01:13:07.310
I was listening to some

01:13:07.329 --> 01:13:08.690
today really loud sometimes

01:13:08.711 --> 01:13:09.791
these sometimes you've got

01:13:09.810 --> 01:13:11.712
to blow it out it was so

01:13:11.752 --> 01:13:12.552
loud I actually had opened

01:13:12.592 --> 01:13:13.393
a sliding glass door over

01:13:13.412 --> 01:13:14.413
here because it was like it

01:13:14.453 --> 01:13:15.333
was like the pressure was a

01:13:15.354 --> 01:13:19.395
little bit much so sadly my

01:13:19.456 --> 01:13:21.016
best sound system is in my car

01:13:24.336 --> 01:13:25.136
And it's stock.

01:13:25.978 --> 01:13:30.963
You know what baffles me in

01:13:31.003 --> 01:13:31.765
cars these days?

01:13:31.784 --> 01:13:33.167
They're like, oh,

01:13:33.226 --> 01:13:35.649
it's a fucking 12 speaker sound system.

01:13:35.729 --> 01:13:37.231
You're like, hey,

01:13:37.292 --> 01:13:38.353
where the fuck are they all?

01:13:38.594 --> 01:13:39.854
And B, what is the point of that?

01:13:40.416 --> 01:13:41.676
It's like stereo sound, right?

01:13:42.198 --> 01:13:42.398
Yeah.

01:13:42.639 --> 01:13:43.579
Why do I need 12 speakers?

01:13:45.069 --> 01:13:45.908
Got him in the headliner.

01:13:45.948 --> 01:13:47.748
He put him in the A-pillar.

01:13:48.850 --> 01:13:50.369
Got him in the back seat.

01:13:50.989 --> 01:13:52.149
James says, blasting a lot of music,

01:13:52.189 --> 01:13:52.789
work with my son.

01:13:52.829 --> 01:13:53.871
Well, that makes me feel good.

01:13:54.470 --> 01:13:55.270
I appreciate that, James,

01:13:55.291 --> 01:13:56.470
because I'm trying to dry

01:13:56.511 --> 01:13:57.591
my ass off in here.

01:13:59.171 --> 01:13:59.832
That's too funny.

01:14:02.712 --> 01:14:03.091
All right.

01:14:03.112 --> 01:14:05.472
So he rubbed off his music

01:14:05.533 --> 01:14:06.832
preferences by drilling it

01:14:06.872 --> 01:14:07.712
into his son's head,

01:14:07.832 --> 01:14:08.872
probably making him deaf.

01:14:09.552 --> 01:14:10.854
That's my goal.

01:14:11.014 --> 01:14:11.833
That's my strategy.

01:14:11.953 --> 01:14:13.014
We'll see how it works, Cotton.

01:14:15.002 --> 01:14:19.345
So, gone goes the consensus.

01:14:19.444 --> 01:14:20.104
What are we looking at?

01:14:20.466 --> 01:14:21.305
We're in April now.

01:14:21.666 --> 01:14:22.426
May, next month.

01:14:23.226 --> 01:14:24.387
The end of, yeah,

01:14:24.427 --> 01:14:26.087
maybe 50-something days from now,

01:14:27.849 --> 01:14:28.689
the Game & Notes crew,

01:14:28.789 --> 01:14:30.390
maybe all of Game & Notes crew,

01:14:30.911 --> 01:14:31.671
there's a rumor.

01:14:33.271 --> 01:14:33.771
Could it be?

01:14:34.072 --> 01:14:36.393
Could it be the first full

01:14:36.813 --> 01:14:39.574
GON meetup that has ever

01:14:39.635 --> 01:14:42.015
occurred with all members present?

01:14:44.439 --> 01:14:45.119
I hope so.

01:14:45.461 --> 01:14:46.001
I hope so too.

01:14:46.541 --> 01:14:46.900
We'll see.

01:14:47.100 --> 01:14:47.402
We'll see.

01:14:47.421 --> 01:14:50.262
Well, it's going to be,

01:14:50.363 --> 01:14:51.644
it's going to be gone in friends, right?

01:14:52.024 --> 01:14:53.845
Friends have gone to, but no,

01:14:54.305 --> 01:14:55.246
of course there's always

01:14:55.286 --> 01:14:56.046
gone in friends that,

01:14:56.086 --> 01:14:56.766
that always happens.

01:14:57.398 --> 01:14:58.057
There's always friends.

01:14:58.377 --> 01:15:00.219
That always happens.

01:15:00.538 --> 01:15:02.019
Quite a few of the core friends have gone.

01:15:02.198 --> 01:15:03.158
We'll probably be there.

01:15:03.578 --> 01:15:03.779
Yes.

01:15:04.158 --> 01:15:04.960
So we're going to rent a house,

01:15:05.359 --> 01:15:06.859
which I probably need to do.

01:15:07.659 --> 01:15:08.779
But I think we actually have numbers now,

01:15:08.800 --> 01:15:09.199
which is good.

01:15:09.220 --> 01:15:09.880
So I can do that.

01:15:10.421 --> 01:15:12.301
And then I'm trying to look

01:15:12.320 --> 01:15:13.621
for some events to sponsor.

01:15:13.661 --> 01:15:14.501
And I'm trying to find some

01:15:14.520 --> 01:15:15.921
things for us to cool to do.

01:15:15.942 --> 01:15:17.101
Trying to figure out when

01:15:17.122 --> 01:15:18.101
we're going to get barbecue.

01:15:18.462 --> 01:15:19.481
You know, all those good things.

01:15:19.542 --> 01:15:20.323
Those important things.

01:15:21.722 --> 01:15:21.863
So...

01:15:22.832 --> 01:15:23.333
I do want to make it.

01:15:23.413 --> 01:15:24.536
I do want to make a trip to Franklin's.

01:15:24.796 --> 01:15:25.796
I have been there a couple of times.

01:15:26.217 --> 01:15:30.583
It is a bit like it's a show

01:15:30.685 --> 01:15:31.546
and like you get the whole

01:15:31.586 --> 01:15:32.487
thing and like all that

01:15:32.506 --> 01:15:33.849
kind of stuff with their barbecue,

01:15:33.889 --> 01:15:34.670
but it is good.

01:15:35.011 --> 01:15:36.613
So what is Franklin's?

01:15:37.814 --> 01:15:38.256
Oh my God.

01:15:39.028 --> 01:15:40.908
really aaron franklin no

01:15:42.170 --> 01:15:44.190
your culture amuses me all

01:15:44.251 --> 01:15:45.731
right all right look just

01:15:45.752 --> 01:15:46.832
google aaron franklin and

01:15:46.872 --> 01:15:49.154
like pretty popular uh

01:15:49.293 --> 01:15:51.015
barbecue place and aaron

01:15:51.036 --> 01:15:51.895
has gone on like done

01:15:52.076 --> 01:15:52.896
cookbooks and all this type

01:15:52.917 --> 01:15:53.596
of stuff and he sells his

01:15:53.676 --> 01:15:54.837
own smokers and all this

01:15:54.858 --> 01:15:56.238
kind of shit but he he took

01:15:56.279 --> 01:15:57.479
a very engineering approach

01:15:57.539 --> 01:15:59.320
to barbecue maybe it had to

01:15:59.360 --> 01:15:59.921
be 20 years ago or

01:15:59.940 --> 01:16:01.421
something like that um and

01:16:01.462 --> 01:16:02.443
he really studied it and he

01:16:02.483 --> 01:16:03.502
tried to like build into

01:16:03.523 --> 01:16:04.604
like a master craft and

01:16:05.479 --> 01:16:06.702
Even has a master class on it.

01:16:06.761 --> 01:16:06.962
Actually,

01:16:06.981 --> 01:16:07.922
I think there's actually a master

01:16:07.943 --> 01:16:08.262
class on it.

01:16:08.844 --> 01:16:10.545
But and you get there like I

01:16:10.564 --> 01:16:11.166
think they open the doors

01:16:11.206 --> 01:16:13.838
at 11 and people line up at like 10 or 10,

01:16:13.838 --> 01:16:14.048
15.

01:16:14.048 --> 01:16:15.050
And then barbecues like the

01:16:15.069 --> 01:16:16.051
thing where like, I mean,

01:16:16.411 --> 01:16:17.431
they started like the night before.

01:16:17.511 --> 01:16:17.631
Right.

01:16:17.652 --> 01:16:18.974
You probably started like 10 p.m.

01:16:19.014 --> 01:16:19.533
for the next day.

01:16:20.555 --> 01:16:21.735
And then once it's gone, it's gone.

01:16:22.296 --> 01:16:24.037
So like by one o'clock, it's gone.

01:16:24.846 --> 01:16:25.726
And so you wanna get there a

01:16:25.747 --> 01:16:26.207
little bit early.

01:16:26.228 --> 01:16:27.688
You hang out in line for half an hour.

01:16:28.048 --> 01:16:29.189
We'll probably go on during the weekday,

01:16:29.208 --> 01:16:31.329
which really reduces the number of people,

01:16:31.529 --> 01:16:31.649
right?

01:16:31.670 --> 01:16:32.430
If you go on the weekends,

01:16:32.490 --> 01:16:33.831
it's really busy.

01:16:34.171 --> 01:16:34.671
And then you get,

01:16:34.832 --> 01:16:36.273
you buy $200 worth of barbecue,

01:16:36.313 --> 01:16:36.773
which you will.

01:16:37.947 --> 01:16:39.006
Cause you might buy, you know,

01:16:39.027 --> 01:16:39.546
a couple of pounds of

01:16:39.587 --> 01:16:40.608
brisket and you buy sausage

01:16:40.648 --> 01:16:41.927
and those types of stuff in the sides.

01:16:42.667 --> 01:16:44.948
And it is quite good.

01:16:45.668 --> 01:16:47.350
Cause there is a couple of

01:16:47.390 --> 01:16:49.170
pounds of brisket.

01:16:49.609 --> 01:16:50.310
What are you doing?

01:16:50.550 --> 01:16:51.730
Taking it, what, taking it home?

01:16:51.751 --> 01:16:52.470
No, no.

01:16:52.490 --> 01:16:54.091
If it'd be like four or five

01:16:54.110 --> 01:16:55.212
of us or six of us or something,

01:16:55.231 --> 01:16:56.032
we'll go through.

01:16:56.051 --> 01:16:56.872
Oh, you mean together?

01:16:56.891 --> 01:16:58.033
I'm like, yeah, yeah, yeah.

01:16:58.052 --> 01:16:58.632
Not each.

01:16:58.672 --> 01:16:59.193
Jesus Christ.

01:16:59.212 --> 01:16:59.292
No.

01:16:59.780 --> 01:17:01.384
No, but, but, no, but it's like a,

01:17:01.663 --> 01:17:03.027
like you just, like you order as a group,

01:17:03.046 --> 01:17:03.146
right?

01:17:03.167 --> 01:17:03.587
You're going to get,

01:17:03.747 --> 01:17:05.090
and it comes in big plates and you,

01:17:05.149 --> 01:17:05.551
and then you,

01:17:05.650 --> 01:17:06.653
you get a bunch of sides and

01:17:06.672 --> 01:17:08.114
you get like some drinks and you could,

01:17:08.315 --> 01:17:08.896
I think there's a beer,

01:17:08.917 --> 01:17:09.898
there's a beer side.

01:17:09.957 --> 01:17:11.119
I remember if there's alcohol there.

01:17:11.140 --> 01:17:11.480
I remember.

01:17:12.336 --> 01:17:15.057
Um, and then like you sit inside,

01:17:15.078 --> 01:17:15.698
you sit outside,

01:17:16.057 --> 01:17:16.878
you split all this type of

01:17:16.899 --> 01:17:18.359
stuff and then you waddle out of there.

01:17:18.579 --> 01:17:18.739
Right.

01:17:19.239 --> 01:17:20.801
But it's a, and there's a couple,

01:17:20.820 --> 01:17:21.381
there's a couple of really

01:17:21.402 --> 01:17:22.301
good places there too.

01:17:22.341 --> 01:17:24.423
But, but Aaron's it's like, it's an event.

01:17:24.583 --> 01:17:26.845
Like it's a, it's a pretty, um,

01:17:26.925 --> 01:17:28.006
it's not like huge or anything.

01:17:28.086 --> 01:17:29.367
It's a, it's still pretty small.

01:17:30.127 --> 01:17:30.627
And, uh,

01:17:30.726 --> 01:17:32.948
but the quality is quite good and it's,

01:17:33.248 --> 01:17:35.350
it's worth the, uh, the effect of it.

01:17:35.430 --> 01:17:35.751
If I remember,

01:17:35.770 --> 01:17:37.150
it's probably about like 10

01:17:37.150 --> 01:17:38.391
or 15 minutes outside of downtown,

01:17:38.532 --> 01:17:38.953
if I remember.

01:17:39.872 --> 01:17:40.634
So we'll have to figure out

01:17:40.654 --> 01:17:41.274
a time to go do that.

01:17:42.113 --> 01:17:42.733
That sounds good.

01:17:42.752 --> 01:17:43.354
I'm down with that.

01:17:43.814 --> 01:17:44.934
We need to pre-order and

01:17:44.954 --> 01:17:46.454
sign up now because

01:17:46.475 --> 01:17:48.095
apparently the pre-orders

01:17:48.136 --> 01:17:49.117
are 42 days out.

01:17:49.636 --> 01:17:49.997
For what?

01:17:50.978 --> 01:17:51.677
For Franklin's.

01:17:52.057 --> 01:17:52.958
What do you mean pre-orders?

01:17:53.719 --> 01:17:55.600
You have to sign up to get in.

01:17:56.300 --> 01:17:56.640
No.

01:17:56.661 --> 01:17:58.502
Yes, this is what it says.

01:18:02.475 --> 01:18:04.076
I will send it to you in the chat.

01:18:04.355 --> 01:18:04.636
All right.

01:18:04.716 --> 01:18:04.876
Well,

01:18:04.895 --> 01:18:06.095
that would be good to know because

01:18:06.555 --> 01:18:07.457
before it was never like that.

01:18:07.476 --> 01:18:08.296
You just kind of got there

01:18:08.356 --> 01:18:09.396
early and you waited in line.

01:18:09.457 --> 01:18:10.197
And then some people went

01:18:10.237 --> 01:18:11.877
home sad and you went, you're a moron.

01:18:12.637 --> 01:18:13.137
No, sir.

01:18:14.618 --> 01:18:18.619
Uh, all right.

01:18:18.640 --> 01:18:19.300
Well, it's good to know.

01:18:19.319 --> 01:18:20.280
Are you, well,

01:18:20.320 --> 01:18:21.661
I will tell the ship on gold belly.

01:18:21.680 --> 01:18:22.501
That's so fucking funny.

01:18:23.681 --> 01:18:24.381
Um, anyway, well,

01:18:24.402 --> 01:18:25.261
we'll figure it out if we

01:18:25.301 --> 01:18:26.122
have to do something.

01:18:26.202 --> 01:18:27.122
Oh, order in advance.

01:18:27.662 --> 01:18:28.762
Place your order for pickup.

01:18:28.983 --> 01:18:29.802
Oh, we don't want to pick up though.

01:18:29.823 --> 01:18:30.524
We're going to go stand in

01:18:30.543 --> 01:18:31.583
line like animals, dude.

01:18:33.609 --> 01:18:34.448
We'll get there early.

01:18:35.069 --> 01:18:35.609
Fine.

01:18:35.948 --> 01:18:36.630
Not on the 1st because I'm

01:18:36.649 --> 01:18:37.590
going to be out on the 1st.

01:18:37.970 --> 01:18:39.670
We do it on the 31st.

01:18:39.810 --> 01:18:40.010
Dude,

01:18:40.029 --> 01:18:41.250
we'll do it whatever day we want to

01:18:41.270 --> 01:18:41.430
do it.

01:18:41.649 --> 01:18:42.810
We'll make sure that everybody's in there.

01:18:42.831 --> 01:18:44.770
We're not going to leave

01:18:44.791 --> 01:18:45.411
everybody out of this.

01:18:45.951 --> 01:18:46.730
It doesn't have to be here.

01:18:46.911 --> 01:18:47.930
There's lots of good

01:18:47.970 --> 01:18:49.351
barbecue places in Austin.

01:18:51.952 --> 01:18:52.492
We'll figure it out.

01:18:52.912 --> 01:18:53.492
We'll make it happen.

01:18:53.972 --> 01:18:54.153
Yeah,

01:18:54.193 --> 01:18:55.332
so if anybody else is going to

01:18:55.412 --> 01:18:59.453
Consensus this year, 2024, end of May,

01:19:01.333 --> 01:19:02.354
reach out somehow.

01:19:03.381 --> 01:19:08.063
Email Null at nullmemes at

01:19:08.162 --> 01:19:09.904
bigballsblockchain.com and

01:19:09.923 --> 01:19:10.823
let them know that you're coming.

01:19:11.463 --> 01:19:12.744
And they'll set up a

01:19:12.805 --> 01:19:14.324
personal tour of Austin and

01:19:14.364 --> 01:19:15.145
the surrounding area.

01:19:16.485 --> 01:19:18.787
That is a legitimate email.

01:19:19.567 --> 01:19:21.087
It is.

01:19:21.127 --> 01:19:21.768
I think it still works.

01:19:22.427 --> 01:19:22.948
I've got to fix that.

01:19:23.845 --> 01:19:26.027
Email security at rhino.com.

01:19:26.266 --> 01:19:28.667
Yeah.

01:19:29.467 --> 01:19:30.547
So that, that'll be fun.

01:19:30.587 --> 01:19:31.189
I think we'll,

01:19:31.529 --> 01:19:32.408
we got to figure out what I got to,

01:19:32.769 --> 01:19:34.210
I got to start playing some

01:19:34.229 --> 01:19:34.890
shit for that too.

01:19:34.949 --> 01:19:36.470
But yeah,

01:19:36.570 --> 01:19:37.671
that's a good announcement to make.

01:19:37.970 --> 01:19:39.131
And then I think,

01:19:40.391 --> 01:19:42.113
I think we're planning on launching.

01:19:42.432 --> 01:19:45.634
Should we talk about the statewide thing?

01:19:46.974 --> 01:19:47.354
The what?

01:19:47.935 --> 01:19:48.635
Stakewise thing.

01:19:49.024 --> 01:19:49.786
I've been talking about it

01:19:49.905 --> 01:19:50.927
in my internal chats,

01:19:50.948 --> 01:19:53.591
like my team telegrams.

01:19:54.393 --> 01:19:55.173
So yeah.

01:19:55.594 --> 01:19:55.774
OK,

01:19:55.795 --> 01:19:57.055
we're planning on launching a Game of

01:19:57.095 --> 01:19:58.958
Nodes Ethereum stake pool

01:19:59.720 --> 01:20:01.002
that will be on StakeWise.

01:20:01.042 --> 01:20:03.385
We'll have a little bit more

01:20:03.425 --> 01:20:05.547
maybe this week or over the weekend.

01:20:06.109 --> 01:20:07.670
That will be gaming nodes

01:20:07.850 --> 01:20:09.470
with some that will be

01:20:09.489 --> 01:20:10.511
stake wise and be able to

01:20:10.530 --> 01:20:11.390
allow a stake Ethereum

01:20:11.912 --> 01:20:12.731
associated to that.

01:20:13.072 --> 01:20:14.273
And we're doing that for a

01:20:14.313 --> 01:20:15.073
couple of different reasons,

01:20:15.153 --> 01:20:16.533
both internally and externally,

01:20:17.394 --> 01:20:18.613
both for us to be able to

01:20:20.378 --> 01:20:22.159
do some infrastructure

01:20:22.199 --> 01:20:23.341
muscle and some other types

01:20:23.400 --> 01:20:24.220
of things in terms of

01:20:24.622 --> 01:20:25.462
building this out for other

01:20:25.481 --> 01:20:26.662
reasons as well as

01:20:26.682 --> 01:20:27.342
something that we want to

01:20:27.363 --> 01:20:28.283
be able to do so we'll have

01:20:28.304 --> 01:20:29.284
that staked with at least

01:20:29.404 --> 01:20:30.404
one validator between

01:20:31.246 --> 01:20:32.025
between the game of nodes

01:20:32.086 --> 01:20:34.467
crew and friends and then

01:20:34.568 --> 01:20:35.729
we'll see if that grows and

01:20:35.969 --> 01:20:37.590
and maybe gets into we'll

01:20:37.609 --> 01:20:38.671
have we'll probably stand

01:20:38.711 --> 01:20:40.051
up 10 validators to start

01:20:40.532 --> 01:20:41.192
even though one will be

01:20:41.231 --> 01:20:42.752
staked and then we can

01:20:43.453 --> 01:20:44.394
hopefully grow that pool

01:20:44.474 --> 01:20:46.796
and and you know I think

01:20:47.762 --> 01:20:48.783
I think it's a really good

01:20:48.823 --> 01:20:50.645
business idea to stake at

01:20:50.645 --> 01:20:53.226
1.6% APR with a really

01:20:53.287 --> 01:20:54.467
highly volatile asset.

01:20:54.507 --> 01:20:55.988
So you heard it here first.

01:20:56.208 --> 01:20:57.369
It's tax season too,

01:20:57.390 --> 01:20:58.890
so you might as well get it done.

01:20:59.771 --> 01:21:00.792
You got that reward coming in.

01:21:00.832 --> 01:21:03.515
What a better way to use a U.S.

01:21:03.555 --> 01:21:08.719
federal tax return than to

01:21:08.759 --> 01:21:09.639
get that back and put it

01:21:09.658 --> 01:21:12.161
into a stake-wise pool at 1.6%.

01:21:12.161 --> 01:21:13.101
You're really selling it here.

01:21:14.167 --> 01:21:16.469
I thought the returns on ETH

01:21:16.509 --> 01:21:17.470
were higher than that.

01:21:19.171 --> 01:21:21.412
I don't know.

01:21:21.972 --> 01:21:22.774
They are.

01:21:22.854 --> 01:21:24.815
It's like 7% after MEV.

01:21:25.275 --> 01:21:29.259
Is it like 1.5 ETH on a 32

01:21:29.259 --> 01:21:32.561
ETH stake per year?

01:21:32.841 --> 01:21:33.341
Something like that?

01:21:33.362 --> 01:21:33.922
Does that sound right?

01:21:36.524 --> 01:21:37.626
So the straight staking

01:21:37.666 --> 01:21:40.148
rewards right now are around 3%.

01:21:40.148 --> 01:21:41.689
So that's probably about right, yeah.

01:21:41.969 --> 01:21:42.989
But then with MEV, it's around 7%.

01:21:44.547 --> 01:21:44.787
Oh, yeah,

01:21:44.807 --> 01:21:45.688
we need to figure that out for

01:21:45.728 --> 01:21:46.689
our Stakewise pool, don't we?

01:21:47.168 --> 01:21:47.849
Don't you know?

01:21:47.868 --> 01:21:49.109
It's super easy.

01:21:49.149 --> 01:21:50.789
You just use MEV Boost and plug it in.

01:21:51.229 --> 01:21:51.670
Oh, okay, cool.

01:21:52.689 --> 01:21:52.930
I'm sorry.

01:21:52.949 --> 01:21:55.091
Don't you know that the ETF is coming?

01:21:55.810 --> 01:21:56.631
We're all going to be rich, man.

01:21:56.650 --> 01:21:57.631
Yeah, we are.

01:21:58.072 --> 01:21:58.271
We are.

01:21:58.452 --> 01:21:58.952
And especially,

01:21:58.971 --> 01:22:00.992
it's the really right time

01:22:01.011 --> 01:22:02.073
to get into a game of nudes.

01:22:03.132 --> 01:22:04.972
Stakewise pool, because when that happens,

01:22:04.993 --> 01:22:05.993
then it'll all shoot up, and then,

01:22:06.293 --> 01:22:07.354
I don't know, something happens, and...

01:22:09.208 --> 01:22:11.110
If any of our frequent

01:22:11.171 --> 01:22:13.872
listeners know how we can

01:22:14.153 --> 01:22:16.173
get some reach with Ethereum stakers,

01:22:16.274 --> 01:22:18.274
please do try and contact

01:22:18.355 --> 01:22:19.716
us in some fashion.

01:22:19.957 --> 01:22:20.537
We do have Twitter.

01:22:20.556 --> 01:22:21.237
It's probably the easiest

01:22:21.257 --> 01:22:24.059
place to try and contact us.

01:22:24.699 --> 01:22:25.359
That's the extent of the

01:22:25.380 --> 01:22:26.020
marketing for this.

01:22:26.900 --> 01:22:29.023
Anybody knows anybody who

01:22:29.063 --> 01:22:30.042
has maybe Ethereum?

01:22:31.463 --> 01:22:34.086
Well, you know, some people are connected.

01:22:34.126 --> 01:22:34.606
Some people...

01:22:35.407 --> 01:22:38.532
We are the epicenter of

01:22:38.692 --> 01:22:43.819
stability within the

01:22:43.961 --> 01:22:45.783
Ethereum ecosystem staking.

01:22:46.243 --> 01:22:49.029
If you want quality operators at a

01:22:51.265 --> 01:22:52.707
At the same price as everybody else.

01:22:52.867 --> 01:22:55.688
I don't know how the whole

01:22:55.728 --> 01:22:56.807
commission works there.

01:22:59.288 --> 01:23:01.350
Just so everybody knows,

01:23:01.409 --> 01:23:03.970
this will be a stake-based

01:23:03.990 --> 01:23:05.150
pool that's actually backed

01:23:05.230 --> 01:23:07.212
by an SSV cluster.

01:23:07.532 --> 01:23:09.012
And that cluster will be the three of us.

01:23:09.813 --> 01:23:11.774
plus artifact will be the

01:23:11.814 --> 01:23:13.014
fourth node in that cluster.

01:23:13.033 --> 01:23:15.615
So you have some good

01:23:16.256 --> 01:23:18.296
decentralized ownership of

01:23:18.337 --> 01:23:18.917
those validators.

01:23:18.997 --> 01:23:19.877
Three or four of us need to

01:23:19.917 --> 01:23:21.217
be signing to make sure

01:23:21.238 --> 01:23:22.599
that we are receiving those rewards.

01:23:23.019 --> 01:23:23.779
And I guarantee that all

01:23:23.798 --> 01:23:24.779
four of us will be signing those

01:23:26.460 --> 01:23:27.579
those attestations,

01:23:28.140 --> 01:23:29.661
and it'll be a cool cluster.

01:23:30.100 --> 01:23:31.421
All the cool kids hang out in that cluster,

01:23:31.720 --> 01:23:32.501
so that'll be good.

01:23:32.541 --> 01:23:34.141
And then we can, like I said,

01:23:34.162 --> 01:23:35.221
we'll stake one to start,

01:23:35.261 --> 01:23:36.341
and then we'll probably

01:23:36.362 --> 01:23:37.402
have another nine that will

01:23:37.421 --> 01:23:40.422
be ready as more folks add to that.

01:23:40.443 --> 01:23:41.063
We can always add it,

01:23:41.122 --> 01:23:42.042
and it'd be great to build

01:23:42.063 --> 01:23:42.922
that up to a couple hundred

01:23:42.983 --> 01:23:45.203
ETH or far more and kind of

01:23:45.222 --> 01:23:45.583
see what happens.

01:23:45.604 --> 01:23:47.904
I think we can run up to, what,

01:23:47.904 --> 01:23:50.944
500 validators on that one operator?

01:23:51.324 --> 01:23:52.104
Yeah, 500.

01:23:52.104 --> 01:23:53.585
500 per operator or 500 per cluster,

01:23:53.604 --> 01:23:53.824
do you know?

01:23:54.728 --> 01:23:55.467
500 per cluster.

01:23:56.427 --> 01:23:56.528
Yeah.

01:23:56.547 --> 01:23:56.649
Well,

01:23:56.668 --> 01:24:00.649
the cluster is essentially a Ethereum

01:24:00.689 --> 01:24:01.250
operator, right?

01:24:02.590 --> 01:24:05.310
Well, okay.

01:24:05.470 --> 01:24:06.810
But me as an operator,

01:24:06.850 --> 01:24:08.131
I can run my... How many

01:24:08.150 --> 01:24:09.112
can I run as an operator

01:24:09.152 --> 01:24:09.952
across all clusters?

01:24:09.971 --> 01:24:10.212
Do you know?

01:24:10.231 --> 01:24:10.212
500.

01:24:11.292 --> 01:24:12.972
Oh, okay.

01:24:13.012 --> 01:24:14.332
So it's 500 in one cluster

01:24:14.412 --> 01:24:15.193
or me as an operator,

01:24:15.212 --> 01:24:16.453
I can run 500 across all

01:24:16.472 --> 01:24:18.333
the clusters that I have.

01:24:18.333 --> 01:24:19.713
500 across all the clusters that you have.

01:24:20.033 --> 01:24:20.274
Okay.

01:24:20.434 --> 01:24:20.793
I got you.

01:24:21.055 --> 01:24:21.255
Cool.

01:24:21.935 --> 01:24:22.074
Yeah.

01:24:22.255 --> 01:24:22.574
No problem.

01:24:23.618 --> 01:24:23.837
Easy.

01:24:24.297 --> 01:24:24.738
That'd be great.

01:24:25.399 --> 01:24:25.878
I got it.

01:24:26.538 --> 01:24:26.918
Next week.

01:24:27.198 --> 01:24:30.320
Let's get it done.

01:24:31.341 --> 01:24:34.603
Well, the, the Lido leader, Lido,

01:24:34.743 --> 01:24:35.523
did we land on this?

01:24:36.002 --> 01:24:36.462
How we're,

01:24:36.903 --> 01:24:39.664
how we're enunciating this word anyway.

01:24:40.765 --> 01:24:41.545
So their next,

01:24:42.206 --> 01:24:47.427
their next DTV test net is upcoming.

01:24:47.467 --> 01:24:47.988
I think we're,

01:24:48.268 --> 01:24:50.189
we've all got a stake in that now, right?

01:24:51.435 --> 01:24:52.895
well actually actually no

01:24:53.416 --> 01:24:57.458
yeah he's in well so yeah

01:24:57.479 --> 01:24:58.198
because I was I'm in

01:24:58.219 --> 01:24:58.918
mainnet they actually sent

01:24:58.939 --> 01:24:59.560
me an email and they're

01:24:59.579 --> 01:25:01.360
like hey this is really

01:25:01.381 --> 01:25:02.600
oversubscribed we're gonna

01:25:02.621 --> 01:25:04.061
kick you out of testnet so

01:25:04.141 --> 01:25:04.903
unless you really want to

01:25:04.922 --> 01:25:06.423
be in it don't message us

01:25:06.484 --> 01:25:07.283
because we're kicking you

01:25:07.404 --> 01:25:09.305
out what why were you why

01:25:09.324 --> 01:25:10.365
were you in testnet doesn't

01:25:10.386 --> 01:25:12.087
do you have to did you

01:25:12.127 --> 01:25:13.747
qualify on either obol or

01:25:13.927 --> 01:25:14.927
ssv and we're qualifying

01:25:14.967 --> 01:25:16.088
the other one or how does that work

01:25:17.198 --> 01:25:20.800
Well, we've been in, um, the O ball, um,

01:25:21.380 --> 01:25:22.539
test essence, test net one.

01:25:23.300 --> 01:25:24.280
And so we've just been

01:25:24.360 --> 01:25:26.480
rolling it forward into test net four,

01:25:26.501 --> 01:25:27.480
which is why the email to this,

01:25:27.501 --> 01:25:28.521
we were like, Hey,

01:25:28.542 --> 01:25:29.561
can you like shove off and

01:25:29.601 --> 01:25:30.681
give someone else an opportunity?

01:25:30.801 --> 01:25:31.082
I got you.

01:25:31.122 --> 01:25:32.863
And we were like, but, but if you're,

01:25:33.042 --> 01:25:34.002
but why would you need to be in the test?

01:25:34.042 --> 01:25:34.943
And if you're already in the main net,

01:25:35.122 --> 01:25:35.382
isn't that,

01:25:35.483 --> 01:25:37.304
isn't it kind of a gatekeeper situation?

01:25:38.623 --> 01:25:38.823
Yeah.

01:25:38.984 --> 01:25:39.623
That's the issue, right?

01:25:39.644 --> 01:25:40.604
That's why we were like, Oh yeah.

01:25:40.625 --> 01:25:41.024
Okay.

01:25:41.045 --> 01:25:42.564
He's already ascended.

01:25:42.704 --> 01:25:43.984
It doesn't need to be there anymore.

01:25:44.005 --> 01:25:44.145
Yeah.

01:25:44.604 --> 01:25:45.966
Quit hanging around like a fucking.

01:25:46.105 --> 01:25:46.365
Yeah.

01:25:46.485 --> 01:25:46.586
Yeah.

01:25:47.557 --> 01:25:49.078
I'm not complaining.

01:25:49.140 --> 01:25:50.541
I'm just saying.

01:25:51.402 --> 01:25:51.862
Fuck off.

01:25:52.882 --> 01:25:54.384
And now he's here flexing and everything.

01:25:54.404 --> 01:25:56.765
Yeah, exactly.

01:25:57.806 --> 01:25:58.006
Well,

01:25:58.027 --> 01:25:59.649
I'm kind of curious about it because

01:26:01.149 --> 01:26:02.390
each oboe operator gets 150 cluster.

01:26:02.411 --> 01:26:04.172
I should say it gets 150 validators to run,

01:26:04.193 --> 01:26:04.353
right?

01:26:07.921 --> 01:26:08.622
Is that limited?

01:26:08.702 --> 01:26:10.203
Like, do you get 150 and then that's it?

01:26:10.444 --> 01:26:12.145
And so then they list more

01:26:12.206 --> 01:26:14.006
clusters in order to add in more people,

01:26:14.046 --> 01:26:14.427
do you think?

01:26:14.728 --> 01:26:16.189
Yeah, I would say it's a target.

01:26:16.489 --> 01:26:18.292
If you look at their main

01:26:18.332 --> 01:26:21.475
net staking with the curated validators,

01:26:22.511 --> 01:26:23.051
On the report,

01:26:23.072 --> 01:26:25.273
they have the target staking amount,

01:26:25.752 --> 01:26:27.673
and it's lower than what

01:26:27.734 --> 01:26:29.694
the OG validators were there.

01:26:29.854 --> 01:26:33.416
So I think they fold up over

01:26:33.456 --> 01:26:35.195
here and raise up over here

01:26:35.796 --> 01:26:37.777
as time goes by to level them all out.

01:26:37.856 --> 01:26:39.176
So I guess the target's probably 150.

01:26:39.516 --> 01:26:40.797
You'll probably end up with more,

01:26:40.837 --> 01:26:41.797
and then they'll probably

01:26:41.837 --> 01:26:43.019
roll up some of those

01:26:43.059 --> 01:26:44.618
validators and then raise

01:26:44.679 --> 01:26:45.798
new ones up at the start as

01:26:45.859 --> 01:26:46.880
new operators come in.

01:26:47.659 --> 01:26:48.621
But obviously at some point,

01:26:49.461 --> 01:26:51.082
if they're not bringing in

01:26:51.143 --> 01:26:52.363
operators at the same clip

01:26:52.382 --> 01:26:53.845
that their stake is increasing,

01:26:53.885 --> 01:26:55.865
then the existing ones will

01:26:55.886 --> 01:26:56.867
end up oversubscribed

01:26:56.886 --> 01:26:57.886
somewhat before they can

01:26:57.926 --> 01:26:59.628
roll it out onto the new ones that join.

01:27:02.291 --> 01:27:02.930
Presumably.

01:27:06.673 --> 01:27:08.095
Everything I say is presumably.

01:27:08.114 --> 01:27:09.055
It should be a caveat.

01:27:09.114 --> 01:27:11.197
I should actually change that down here.

01:27:12.404 --> 01:27:14.265
I'm also curious how you can

01:27:14.326 --> 01:27:16.967
stake as a user using Obal, right?

01:27:16.988 --> 01:27:19.250
Because they have a thousand

01:27:19.810 --> 01:27:20.951
validators worth of ETH

01:27:21.011 --> 01:27:22.471
right now ready to go into validators,

01:27:22.532 --> 01:27:22.752
right?

01:27:23.391 --> 01:27:25.533
How do I, as an Ethereum holder,

01:27:25.774 --> 01:27:30.157
go stake on these in Obal?

01:27:30.537 --> 01:27:31.377
But aren't you staking with

01:27:31.398 --> 01:27:32.337
the Lido contract and it

01:27:32.358 --> 01:27:33.779
just gets distributed out

01:27:33.798 --> 01:27:34.640
to these other...

01:27:36.359 --> 01:27:37.000
Those individual,

01:27:37.060 --> 01:27:38.400
like you're not sticking to a validator,

01:27:38.421 --> 01:27:38.661
right?

01:27:38.680 --> 01:27:39.541
You're sticking to the contract.

01:27:39.560 --> 01:27:40.782
No, you're sticking to the contract.

01:27:40.822 --> 01:27:44.063
And the contract is managed by Lido.

01:27:44.203 --> 01:27:44.502
Lie.

01:27:45.484 --> 01:27:45.743
Well,

01:27:45.844 --> 01:27:48.024
but I assume it's a different

01:27:48.064 --> 01:27:49.425
contract for the.

01:27:49.506 --> 01:27:50.605
It is different.

01:27:51.626 --> 01:27:51.947
So I think,

01:27:52.207 --> 01:27:53.067
does that mean there's then

01:27:53.266 --> 01:27:54.186
three different clusters?

01:27:54.247 --> 01:27:55.627
There would be like standard Lido.

01:27:56.047 --> 01:27:57.368
There would be Lido Oval and

01:27:57.389 --> 01:27:58.708
then Lido Simple DVT.

01:27:58.889 --> 01:27:59.930
Because there's technically

01:28:00.069 --> 01:28:01.369
two test that's happening right now.

01:28:01.449 --> 01:28:02.150
Oval and DVT.

01:28:03.564 --> 01:28:04.447
But at the end of the day,

01:28:04.546 --> 01:28:06.489
you're sticking with the validator,

01:28:06.510 --> 01:28:06.689
right?

01:28:06.871 --> 01:28:07.792
You're sticking with the validator.

01:28:07.931 --> 01:28:08.894
It doesn't matter where that sits.

01:28:08.913 --> 01:28:09.814
I don't think that matters.

01:28:10.055 --> 01:28:11.859
I think it might even just

01:28:11.918 --> 01:28:12.979
be the one contract,

01:28:13.020 --> 01:28:14.823
and then they manage the

01:28:14.882 --> 01:28:16.706
amount that goes to various things.

01:28:17.694 --> 01:28:19.635
Yeah, but a validator is a validator.

01:28:19.795 --> 01:28:20.855
You create that validator, right?

01:28:21.015 --> 01:28:22.216
And then that validator,

01:28:22.416 --> 01:28:24.757
once it gets staked and it gets entered,

01:28:24.997 --> 01:28:26.057
it doesn't matter if that's

01:28:26.078 --> 01:28:27.458
DDT or OVAL or if that's an

01:28:27.599 --> 01:28:28.399
individual staker.

01:28:28.418 --> 01:28:29.500
You still have some sort of

01:28:29.520 --> 01:28:30.180
structure that is

01:28:30.581 --> 01:28:33.942
attestation to – I can't

01:28:33.962 --> 01:28:34.903
believe I got through that word twice.

01:28:35.943 --> 01:28:37.264
But you're still doing that

01:28:37.304 --> 01:28:38.904
process to that validator.

01:28:39.564 --> 01:28:40.587
So I don't know what matters.

01:28:40.988 --> 01:28:41.989
The validator is just an

01:28:42.050 --> 01:28:43.713
object that's the same no

01:28:43.734 --> 01:28:47.220
matter whether it's, you know, Oboe, SSV,

01:28:47.601 --> 01:28:48.583
regular validator.

01:28:48.604 --> 01:28:48.784
Yeah.

01:28:50.288 --> 01:28:52.310
Yeah, but I guess my question is,

01:28:52.989 --> 01:28:54.149
I would consider Obal to be

01:28:54.189 --> 01:28:56.831
more secure than just using Lido, right?

01:28:57.030 --> 01:28:58.372
Because it relies on more

01:28:58.431 --> 01:29:00.351
folks to ensure that the

01:29:00.391 --> 01:29:01.332
validator is actually signing.

01:29:01.552 --> 01:29:03.092
So there must be a way to

01:29:03.172 --> 01:29:04.734
choose to stake with Obal

01:29:04.833 --> 01:29:07.354
as opposed to general Lido, right?

01:29:07.395 --> 01:29:11.315
That's kind of my thought.

01:29:11.815 --> 01:29:12.836
I would say that they would

01:29:12.855 --> 01:29:14.556
probably publish the

01:29:14.657 --> 01:29:17.217
distribution to different protocols.

01:29:17.957 --> 01:29:18.297
They do.

01:29:18.358 --> 01:29:19.439
That already exists.

01:29:19.498 --> 01:29:21.319
And have it as aggregated risk.

01:29:22.341 --> 01:29:22.541
Yeah.

01:29:22.680 --> 01:29:25.023
Let me see if I can find that page.

01:29:25.082 --> 01:29:26.264
But there is a page that

01:29:26.323 --> 01:29:27.765
actually shows exactly what

01:29:28.045 --> 01:29:31.386
that distribution is going to be,

01:29:31.546 --> 01:29:32.728
both now and in the future.

01:29:33.788 --> 01:29:34.689
Oh, I didn't realize that.

01:29:34.890 --> 01:29:35.069
Cool.

01:29:35.109 --> 01:29:35.310
Great.

01:29:35.329 --> 01:29:36.970
I can't wait to see it.

01:29:37.070 --> 01:29:38.912
I'll see if I can... I just had it.

01:29:38.952 --> 01:29:39.573
I was just looking at it.

01:29:39.912 --> 01:29:41.894
Because it actually shows the layout of...

01:29:44.547 --> 01:29:47.489
Of what the shit I'll find it.

01:29:47.729 --> 01:29:48.350
I'll see if I can find it

01:29:48.369 --> 01:29:49.171
and figure it out,

01:29:49.190 --> 01:29:50.030
because it was it was

01:29:50.070 --> 01:29:50.891
actually showing exactly

01:29:50.912 --> 01:29:52.953
what that percentage it looks like both.

01:29:54.474 --> 01:29:56.375
Now and then what that plan is.

01:29:58.235 --> 01:29:58.697
Basically,

01:29:58.777 --> 01:30:00.698
the number of what that share

01:30:00.778 --> 01:30:02.418
percentage is going to be here.