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You are one of our builders. I can't wait to hear you have to say.

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I mean we want to hear you. You are doing a lot for this community.

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It really means a lot. So how should we start this?

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I mean I don't have any experience with these kind of spaces.

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I'll tell you what.

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You just talk about what you're working on. You just talk about the things that

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you like about

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the Nostr and Walker and I will throw random tidbits of information and content

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out there

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and from time to time I'll tell Semmy to go fuck himself.

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It's going to be great. Yeah sure why not.

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So currently I'm working on a service right now. I recently

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started offering the beta version of Zapit.

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Any artist can put any content behind Lightning Pay.

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Whether they have a Lightning wallet or not. That service will also

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create a Lightning wallet for them and they can put any content behind Lightning

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Paywall

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and they can create a link. That link can be shared on any social media

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wherever they want.

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It's not really a Nostr project. It's more of a Lightning project,

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Bitcoin project.

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Where you can use that project on any social media.

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That's something I wanted to create.

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Some monetization system for artists. So that's what I'm working on right now.

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I have some plans for that in future but let's see how that goes.

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So that's all I'm working on right now.

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And after that I will start some relays. Maybe I'm

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looking for some relay. I have a plan to create some kind of relay.

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It should broadcast your event to all the major relays at the same time. It should also

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take a backup

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for all the nodes. You can download those backups.

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You can download those backups and you are only paying for whatever

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storage you are using for that particular relay.

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Whatever storage you are using, whatever bandwidth you are using. So you are just

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paying for whatever you are using.

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So that's a plan for the future. So let's see how that goes.

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How about you? What you are building these days?

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Can you hear me?

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Yes, yes. Derek, are you still there?

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Are you currently doing something? Derek might just be opening up another beer

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or

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in the bathroom in the midst of pissing.

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We'll find out soon.

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Roya wanted to... I had to talk to Roya.

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But no, I'm here man. Ethan, I heard everything you said. I was just texting Roya.

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I'm sorry, I'm sorry. I'm here brother.

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Like I said, I'm super excited to hear you talk about your

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the projects that you're working on. You keep talking man. I am here. I'm listening.

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He wanted to know what you got going on Derek.

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Derek?

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Derek.

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No, no, no. You're fine brother.

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Derek's

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hoping Noster Nest gets so much better than it is. Earlier, I don't know if you were here Ethan,

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I was talking about our roadmap.

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There's all sorts of things that Semmi and I are working on.

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We want to bring a Noster login through Nip07

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as well as authentication through DMs. We want to bring enhancement tools to allow you to

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restore your Nest profile if you deleted your cookies.

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But most importantly, we want to bring zaps because nobody else is doing this.

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You can zap everybody else on stage. Ethan, if you're talking about the cool things that you're building

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and I like it, I can zap you directly on stage. It's fucking cool.

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If Walker's talking about Footster and the new form of advertisements and I like it, it's fucking cool.

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I can zap Walker.

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We want to split these zaps amongst everybody that's hosting the nest up on stage.

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Anyone who has feet gets a zap.

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So the majority of people can get two zaps, right?

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Because we all have two feet. Well, the majority of people do.

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There's all sorts of cool things we want to do. We want to do Nest creation links where we're charging people

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to create custom URLs, vanity URLs. We want to do public chat.

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We're going to talk to Pablo since Pablo is doing all sorts of insane micro apps and he wants to help us out.

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He told me earlier he would help us out to do public chat so we don't have to use this third party plugin.

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He's actually building on Footster right now. That's why he lost one.

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Like seriously?

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I'm fucking with you, come on.

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I mean, he could be. Do Pablo builds on everything.

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I noted this earlier today. If you can dream it, Pablo is already building it.

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He'll just be like, yeah, I had like 30 minutes in between.

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That's what we talked about earlier.

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And I just decided to hack together this really revolutionary site.

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It's not a big deal, but I did it in like 30 minutes.

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That's what you said earlier. We're like, hey, can we take Pinkster to be able to ping user devices whenever a new Nest launches?

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Is there a way to be able to do this with Pinkster?

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And he's like, oh yeah, this is pretty simple. I can do this.

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Pablo is fucking cool, man. I can't wait for him to have his Nest tomorrow.

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He's an awesome dude. I met him for the first time at Unconfiscatable.

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It was actually the first Bitcoin conference Carl and I ever went to.

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Shout out to, you know, this was just over a year ago.

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This was late February of 2022.

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Carl and I haven't been around for a long time.

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We're not OGs with a big old stack.

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We're just we're just plebs.

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And the first conference we went to was Unconfiscatable, Tone Vase.

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He invited us there to host the Scammy Awards where we just roasted shit coiners the entire time, which was great.

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We met fucking Pablo and that was the best part.

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One of the earliest videos of you and Carla that you post a screenshot from it all the time

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when she's dressed up as fucking what's his name?

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G, G from Lord of the Rings, Gamal or Gromal.

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Gollum? You mean Gollum?

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When she's Gollum and you're like, yeah, I'm hitting that.

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That makes me cry laughing every fucking time.

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The best part of that video was that I did the voiceover for her.

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So it's like, you know, 21 million bitcoins is fair.

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But like, I'm doing it amazing.

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It's amazing. Like, I, I, I kind of hot, you know, like, she's a cute woman to make it.

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But I have my that's my wife.

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All right. And I'm allowed to say she's she's she's cute.

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I'm not Peter Schiff. I'm not Peter Schiff.

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I'm not I'm not trying to like, you know, seduce her with gold like Peter Schiff here.

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I'm just saying that it's it's amazing.

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Like, I like the content and it's hilarious.

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I laugh and cry every like tears every time I see it.

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That's what we go for, brother.

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And I'm lucky to have a wife who is so much more talented than I am.

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And she's and somehow you attracted or she attracted Peter Schiff.

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He's and he doubled down to that.

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That was the that was the wildest part.

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It's amazing.

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He's going in, you know, I don't know that.

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I literally I literally took his that screenshot.

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I put it on a T-shirt.

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Carl and I each have them. We're going to wear them in Miami.

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It makes a great T-shirt.

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It's like you're very cute and very talented.

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It's like, Jesus, Peter, in your fucking pants.

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Whenever you shared that like that religious photo, dude, I like I was I had tears in my eyes.

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That religious meme.

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I tears my eyes and Katie's like, what are you laughing at?

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Like, what are you doing?

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And I am like, you don't understand.

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Like, this is a mate. I showed it to her and she kind of giggled.

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But I'm like, you don't understand how amazing and how fucking funny this meme is right now.

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It's so good.

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Peter Schiff, man, he's an interesting dude.

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I'm like, Jesus Christ, my wife broke Peter, you know, like hell.

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But I've always thought like because I've had people come up to me like, oh, like, isn't it weird for you to like other men are like into your wife?

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I'm like, dude, if other men weren't into my wife, I think I'd have the wrong wife.

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Like, fucking A, I'm not worried.

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You know, as as I learned years ago, it's a compliment and she's going home with you, right?

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I certainly hope so.

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She is.

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Yes.

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You got a semi because semi is pretty fucking cool.

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Yeah, some of you are cool.

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I enjoy you, brother.

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I mean, like, look at that.

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I just got those single shock of you got the single shock.

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Just one.

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Oh, the hugs.

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You don't have to be so nice.

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I appreciate that.

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But you're going to make me blush if you're not careful.

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Semis going to start developing.

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No, he's no, you're not.

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You're not developing apps for fucking Carla.

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Work on Zaps.

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Sammy, if you want to join the footster team right now, it's it's me.

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Also, it's Carla.

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It's a great, great team.

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That's neither of us are developers.

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I did some C++ in high school that I remember some of it of.

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But yeah, it's a bit rough right now.

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Wow.

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He read you literally left.

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Yeah.

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He wrote up there.

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Road need to go.

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I left.

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Maybe.

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Maybe I should leave.

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I think.

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You know what?

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Ethan.

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Ethan's a talented.

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I just prefer to say people's names correctly. No offense, Derek. But how can I call you?

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Oh, maybe it's not. It's not alive right now.

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Ethan, where do you reside? What country are you from?

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Nice try, spook.

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Wait, send me back. No, he's gone again.

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Alright. Well, what I was going to say is I think what Ethan is doing is really fucking cool. I know that some people are inherently against the idea of paywalls. They don't think anything should be paywalled. It should all just be value for value in a totally open sense.

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So I understand that. And this is me getting serious for just a second, Derek. But I don't think that paywalls are inherently bad. And I think that paywalls are actually a vehicle for value for value if implemented correctly.

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And I think that the way that Ethan has done it is actually really smart. And if there's a way to be able to basically implement like, okay, you can send one SAT or 10 SATs or whatever, some for the time being, inconsequential amount of SATs.

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And that still opens it up. Like the creator had an option to say, yeah, you can view this basically for free, right? Or you can give whatever value you think is justifiable. I don't know how much, I'm assuming it's much more difficult to do a dynamic sort of paywall like that.

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But I think that the idea in general around it and having that lightning paywall is really clutch. And it's something that is going to be super valuable. And to me, I think it still is in line with the idea of value for value. And because it's still a voluntary exchange, you know?

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That's my two SATs. Ethan, refresh. We currently can't hear you. If you're trying to speak, thank you. All right, let's wait. Try again now.

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Can you hear me now? Yes, now we can. Yeah, Walker, I completely agree with you. Actually, I implemented that feature you suggested last time. Now you don't actually add the fixed price. You are adding the minimum price here.

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You have to pay this to unlock this paywall. You can pay whatever you want. So you can create it like a value for value. And I completely agree with you there also.

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Paywalls are not inherently bad. I think they are the one of the most efficient way of monetization because every person is paying exactly what they are using.

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So it's not a bad idea to have a paywall. In fact, it's one of the most efficient way. There are three types of monetization on Northstar right now.

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First is donation-based, tip-based, like we do with ZAP. Other is subscription-based. And third one is pay-per-use.

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Most of the people are not using pay-per-use service right now. But it's one of the most efficient way to monetize anything. I mean, it's the numbers.

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If every person is paying for exactly what they are using. So without any doubt, that will be... I mean, we should not eliminate that option completely.

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I can understand. I mean, I love ZAPs. I mean, they can help a lot. But we should not eliminate the entire way of monetizing the content. I completely agree with you there.

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I think you're spot on because I mean, and honestly, I think this, the only ZAPs thing is actually a really, really great experiment.

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Whatever you may think about it in terms of like whether you are for it or against it in the long term, I'm still undecided to be honest.

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Because I think there is an acknowledgement value in a simple like just to say, I see you. I just want to let you know that I see you. That's it.

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Especially when it comes to replies, things like that. Either we're cluttering the network with likes or we're cluttering it with comments.

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They're still just events though, right? And so I think that it's a really good experiment though because it makes people think a little bit more about what is value.

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I have personally seen, at least this is just my own experience, I think that, and perhaps this is also the market dynamics. There are probably many other factors at play.

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But the, I would say the total frequency and also the amount of ZAPs, like the value of those ZAPs in Satoshi's, not in dollars, but in Satoshi's, seems to have overall decreased since only ZAPs was implemented.

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Maybe that's just me. Maybe I've just been posting like shit. I don't know. And that's not necessarily a bad thing either, right?

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That could just be the actual value for value market repricing itself to become more realistic. Maybe people are thinking a little bit more about what actually derives or is driving value for them.

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But I think that having other options for monetization, especially for creators, is a hugely beneficial thing.

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And so when you think about wanting to attract more people, this is why I published today just some of my thoughts about this idea of ZAPvertising.

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I mean, I know I've spammed many of your ZAPs with a link to footster.com, right? This was purposeful because I wanted to test this out.

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And I wanted to see actually how many unique hits would I get on that website. And Greg, I had a free site and then GoDaddy shut down and I had another site and then GoDaddy for some reason.

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I screwed something up. I messed something up, guys. And then anyway, now it's hosted. It's a managed WordPress fucking blog or whatever the fuck it is.

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But it got a shitload of unique hits just from me. I didn't post it on Twitter where I have a larger following. I didn't post it anywhere else.

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I just posted on Nostr because I wanted to test out what are the implications of this.

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And I think that with what we're seeing is that there are going to be multiple avenues for bringing additional value into the network.

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One of those ways is just straight ZAPs. One of those is advertisers coming in and deciding that we want to be able to spend our advertising dollars in a different way and be able to give value without a middleman.

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And the other way is through things like paywalls, which will be able to attract creators who say, ah, I have now a seamless way where I can post my content and receive, I can post content that is unpaywalled and receives ZAPs for it.

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But I can also have other content. You can think of it as more of a one-time quick subscription, really, where you can say, okay, you want to be able to view this? It's going to this paywall.

214
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I don't know. I think the way you're doing is really cool and I appreciate you doing it.

215
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Thank you so much. Thank you so much. I'm planning to integrate some other services also in the future. Maybe we can integrate Marketplace.

216
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We will also make it as simple as possible, like paywall thing. People should be able to sell anything in physical goods.

217
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When a buyer is buying something, they can add their address, whatever they want, and the creator will just get the message with the address, yeah, he paid the money, and this is his address and the creator can just deliver that thing.

218
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And it can be as simple as possible. It's not possible to do with traditional financial system, what we are doing with ZAPit right now.

219
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Imagine you have never used Bitcoin in your entire life. You can just create that website. That website will create a wallet for you.

220
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I mean, it's a bank, like it's one of the most advanced wallet you can get in Bitcoin ecosystem right now. But it's also very complicated to use.

221
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That's why I created the frontend. So you can just use the API of that wallet and add it to the frontend. And yeah, you can use that wallet. Anyone can use that wallet after that.

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I mean, that was the goal. I mean, I haven't invented the paywall. I didn't invent the Lightning system. My goal was to create it, perfect this particular part and make it as simple as possible.

223
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So any person around the world can open that website. He has never used Bitcoin in his entire life. We just create user. He is not just creating some random string.

224
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He is also creating one of the most advanced wallet and access point and using that access point, they can access those wallet without opening that wallet.

225
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So that's the goal. We can integrate other services also. In future, I am planning to add split payment system. There was some problem with invoice listener.

226
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So it was not reliable. I can make it right now. I have a working model, but 90% time it will directly send money to your personal wallet and yeah, it will do the split.

227
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But yeah, that is fixed now. I just updated recently the backend. Now I can also implement split payment feature. We can also add other features like I'm enabling one other setting also.

228
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Paper view setting. Paper view setting where every user can just view that content after payment just once. If they want to view it again, they have to zap again to watch that content.

229
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So paper view model also. I understand every person will not like this kind of model. But yeah, there will be many kind of situations where you can use those services.

230
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I mean, we should have every single option available and let the artist decide how they want to monetize their services. They should have all the options in my opinion.

231
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Let's see. I will.

232
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Can you explain more about how the pay-per-view works from just like a, you know,

233
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So with pay-per-view system.

234
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Because that's really fascinating.

235
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So right now if you're making the payment, a browser is storing your payment data. Yeah, that user made the payment. So if you're opening that link again, you don't have to pay again because browser has already saved that information.

236
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Yeah, that user has already paid for the service. So we don't have to, that user don't have to pay it again.

237
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So when, so I'm planning to add one extra feature when you're creating the invoice. You can have a, remember, enable pay-per-view mode, right?

238
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You checkmarked on that. After that, if you're sharing that link, if somebody's paying for that link, it will just open once.

239
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After that, when you try to open that link again, it will not open. It will tell you again, yeah, make the payment so you can see it again.

240
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I mean, this is not foolproof. You can't do it foolproof. I mean, I can create a container where I can have, you know, screenshot protection and that kind of stuff.

241
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But it's not foolproof and neither I want to be, you know, copyright police or no stuff.

242
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I just want to, you know, view this project to community and let community decide whether they want to embrace this kind of system or not.

243
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So I will make tools what is necessary for every single artist. We will have the options and let people decide whether they want to use it or not.

244
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But yeah, my goal is to provide every single type of mechanism artists will need for their, you know, monetization system.

245
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So let's see. Let's see. I will enable pay-per-view mode in a few days. After that, I will implement Street Payment system. That is my next goal.

246
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I was also planning to add mid-journey to it. So where user can just write the prompt, they will get the invoice, they pay the invoice and they get the outcome back, the output back.

247
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So they don't have to create any account. They can just, you know, write the prompt and pay the invoice, pay-per-views model. That will be pay-per-views model.

248
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You create the prompt, pay the invoice, you get the result back. So many people are using AIR right now.

249
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Not everyone wants to create, you know, account on mid-journey or something. They don't want to give their email address or something.

250
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So we can create that also. So I will integrate those services in future. But yeah, I just want to keep it as simple as possible.

251
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So every person around the world, if opening that website, they should be able to create the paywall in few seconds, maybe 20 seconds without giving any personal data.

252
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That's the goal. It should be designed for Flaps. Let's see after that what happens.

253
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I love that. And again, I think that that's very in line with the Noster ethos of generally opt in, opt out, use what you want, don't use what you want.

254
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Nobody's forcing you to do anything. But here is a tool that a developer has built.

255
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You can use it if you want. And if you don't want to, who gives a fuck? I think that's awesome.

256
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I mean, I 100% agree with you. I think as a community, we should always respect the choice of artists, how they want to monetize their system.

257
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And as a developer, I have to build those mechanisms so they can do it most efficient way. I mean, that should be the way for any developer in the community.

258
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And we should not close the entire monetization system because we don't like the paywalls. Paywall is not inherently bad.

259
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And there is a lot of opportunity we can use in that place. I mean, if there is some teacher, if there is some person, his basic job is to just answer the questions.

260
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If somebody is asking some tech related question, he can put the answer behind the paywall and send it through DMs.

261
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So he doesn't have to care about whether I'm paid or not. You can do with that blogs. And so many adult actresses are surprising using this.

262
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There are many use cases right now. We should not just discard this entire monetization mechanism.

263
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So I will be working on it and let's see how good we can make it. My goal is to make it as simple as possible, as easy to use.

264
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And there shouldn't be any email or any kind of verification. Any person has to do any email or something. So that's the goal. Let's see how that goes.

265
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I mean, I'm not sure how I'm going to do that. I mean, I know on technical this how I'm going to do that.

266
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But yeah, I have to do it properly because money is involved. I don't want to take any risk. So that's why I advise every user to don't store money in Zappet wallet.

267
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It's not there is some vulnerability with that. But it's not a good practice. I always suggest don't keep your money in it.

268
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There is no also a hidden fees also. There is no hidden fees. There is no percentage split or something like that.

269
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I mean, it's very easy to monetize this service. I just have to write 2.5%. So every transaction has made, I will get the 2.5%.

270
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But yeah, I think for next six, seven, eight months, I can sustain the service without monetizing. So I will keep doing it as long as I can monetize it.

271
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I mean, it's a kind of contribution to this community. Let's see how that goes.

272
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I think I can monetize. I can do I can run it without monetization for six, seven months.

273
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So I will just keep offering this for completely free. No split option. It is possible. I was testing that these days.

274
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So let's see. Let's see. It's going to be very interesting. I mean, it's not possible to do with fiat system. It's not possible.

275
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I mean, you have to create a bank account to do something like that. You have nothing. You can just open the website.

276
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And after 10 minutes, you have your own bank. You can have your own paywalls. You can manage your every single service.

277
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It's just not possible. It's just possible because we are using Bitcoin right now. And we should we should use this potential as as as we can.

278
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So let's see. Let's see how it goes.

279
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I think that's such a beautiful thing, right? Is what is enabled not only by Noster, but by Bitcoin, like the fact that you can actually just you don't need to sign up.

280
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You don't need to give your ID. You don't need to connect a bank account, which you don't even control.

281
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You can just start using something immediately, like within seconds.

282
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Like that is what is going to bring people over to the purple side. And then the orange side is because they realize, oh, my God, wait, there's no friction.

283
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There's nothing preventing me. There's nothing blocking me. I can just use this.

284
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I don't have to ask anyone's permission and I can start accepting value. That's really powerful.

285
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I mean, I completely agree with you. I mean, it's fascinating when you think about it.

286
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What is the potential of what we can do with this? I mean, also with Noster, I mean, I think it's the first time we are able to create some trustless system for free speech.

287
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We don't have to rely on any third party like Big Tech or Gourmet to provide us a free speech.

288
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I mean, Noster is first time like we decentralized Bitcoin first and now it's free speech and free speech and our own monetary system like Bitcoin.

289
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I mean, it's one of the most essential part of any human being. So it's very it's much bigger than we realize.

290
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Once we are, you know, we are able to create good Noster. I mean, many people say Noster will replace every single thing.

291
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Even Noster is just able to, you know, just replace the existing social media.

292
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The significance of that is much bigger than we realize. Let me give you an example. I mean, let me take let's take my example.

293
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I'm from an area, my home, one of the most beautiful place I have ever seen in my life. But it's also a disputed territory.

294
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That means every single information which is coming to my state, it has to be censored first.

295
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And every single information which is going outside from my state, that also has to be censored first.

296
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It's not my opinion. It's by law, UAP, law of liquidity, prevention, because it's a matter of national security.

297
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So you can understand the extent of, you know, the extent of censorship and every single social media is collaborating with government.

298
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I mean, they don't have any option. It's by law. They have to do it. So it is much bigger than we realize.

299
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But Noster is right. If we can just, you know, create the decentralized system for free speech, it has so many, so many significance.

300
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I can't even explain. I mean, for me, at least, right. I'm from that area. It will really change the game.

301
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It will really change the game. Every single tweet, every single piece of information going outside my state, it has to be censored first.

302
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There is some kind of review. It is by law, a law of liquidity, prevention.

303
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So Noster can play a very significant role across the world. If you just have internet, you have a free speech.

304
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I mean, it's fascinating. It's really fascinating.

305
00:29:14,540 --> 00:29:19,540
I think that's so true because we think about it right now in the context of social media, right?

306
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And that's fair because we're applying existing paradigms to, we're applying what we know to this thing that is somewhat unknown.

307
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But it has so much more potential than that. But even as you said, even if all it does is change the paradigm for social media,

308
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that's enough to affect a great deal of change. And that's very powerful. And like it's already you see it.

309
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I see it in myself. I think we've all seen it in ourselves.

310
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The way that just the ability to frictionlessly exchange value for things you find valuable really changes the way you think about the value you yourself create.

311
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And that change in your mental model, I think is incredibly important.

312
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And I hope that more and I believe that more and more people will be exposed to this and will hopefully see this change as well.

313
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And I also think that Noster is genuinely one of the best potential avenues we have for orange pilling more people on Bitcoin because they get to see it work in the real world.

314
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They don't have to be, you know, preach to about how Bitcoin is going to do this or that.

315
00:30:40,540 --> 00:30:44,540
It's like, no, no, no, you can just see the frictionless exchange of value in real time.

316
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And if you know nothing else, you can see that that's extraordinary and impossible through any of the existing systems.

317
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And perhaps that's enough to make you want to dive deeper.

318
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I mean, I couldn't agree more. Just a few days ago, I was talking to some of my friends about Bitcoin.

319
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They said we can't buy Bitcoin because it's too expensive. That's why we are buying Ethereum in a few days.

320
00:31:10,540 --> 00:31:14,540
I mean, they don't even know that you can buy a fraction of Bitcoin.

321
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I mean, we are too early right now. So in Noster, I mean, the moment they come to Noster, it becomes very clear for them.

322
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You know, Bitcoin, you can buy a fraction of Bitcoin. It's not slow. It's not slow at all. It's much faster than they think.

323
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So it will really make a very huge difference.

324
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And it's also another thing. Like you have a free speech and you also have a monetary system with that.

325
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Your own monetary system is also trustless. Trustless free speech and trustless monetary system.

326
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It can't get better than this. These are one of two of the most fundamental parts of any human aspect.

327
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Every human being wants free speech and a monetary system for them.

328
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So if we are able to create that, it's way more significant than we realize.

329
00:31:58,540 --> 00:32:04,540
And I'm very looking forward to it. I really want Noster to win because a lot of things are...

330
00:32:04,540 --> 00:32:09,540
It's the first time we are challenging the existing legacy social media after decades.

331
00:32:09,540 --> 00:32:14,540
It was a decade of darkness for free speech, for rights and other things.

332
00:32:14,540 --> 00:32:19,540
Yeah, maybe with Noster, maybe we are able to challenge all those things.

333
00:32:19,540 --> 00:32:22,540
Let's see. I mean, I'm very hopeful. I'm very optimistic about it.

334
00:32:22,540 --> 00:32:27,540
And I want to do every single thing I can to make this thing possible.

335
00:32:27,540 --> 00:32:31,540
It's very important for every single person.

336
00:32:31,540 --> 00:32:35,540
Looking forward to it. You guys are doing a very amazing job also.

337
00:32:35,540 --> 00:32:39,540
I mean, Tanel and Sleepy, I mean, you are doing a very amazing job.

338
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I wanted to be a part of this discussion because you are doing some very interesting work.

339
00:32:44,540 --> 00:32:48,540
Yeah, and yeah, this Noster Nest. Thank you so much, Drake, for that.

340
00:32:48,540 --> 00:32:53,540
It's one of the best projects we have on Noster right now. Thank you so much.

341
00:32:53,540 --> 00:32:56,540
I couldn't agree more, man. This is exactly why we're doing it.

342
00:32:56,540 --> 00:33:01,540
We just want to support and do our part because this is a great platform.

343
00:33:01,540 --> 00:33:04,540
This is going to help so many people, especially with onboarding.

344
00:33:04,540 --> 00:33:07,540
It's just going to ease that process.

345
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It's much easier to have a friendly voice that you could have guide you through this process.

346
00:33:14,540 --> 00:33:21,540
That might be really hard for some people that aren't too techy.

347
00:33:21,540 --> 00:33:29,540
So yeah, and it just connects everybody that's already talked with each other on Noster.

348
00:33:29,540 --> 00:33:32,540
And this just amplifies their ideas.

349
00:33:32,540 --> 00:33:38,540
And it's a great creative hub. You get on here and you speak for a couple of hours,

350
00:33:38,540 --> 00:33:41,540
and so many cool ideas come out of it.

351
00:33:41,540 --> 00:33:45,540
I've seen that on the Bitcoin lobby, they've even written up a NIP on there,

352
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and they've done it in the span of maybe an hour.

353
00:33:48,540 --> 00:33:53,540
So its possibilities are really endless at this moment in time.

354
00:33:53,540 --> 00:33:59,540
And it's going to be able to actually help out all types of people, creators,

355
00:33:59,540 --> 00:34:03,540
that just want to talk shit like us, anybody, developers,

356
00:34:03,540 --> 00:34:09,540
to be able to actually get on a nest and actually write up NIPs together

357
00:34:09,540 --> 00:34:13,540
and have agreeance on certain things that they might disagree on.

358
00:34:13,540 --> 00:34:17,540
If it was something like this where they could just hop in a room

359
00:34:17,540 --> 00:34:22,540
and discuss what they had to discuss, I'm pretty sure a lot of the back and forth

360
00:34:22,540 --> 00:34:28,540
that we see on Noster at the current moment wouldn't actually be taking place

361
00:34:28,540 --> 00:34:32,540
because you could definitely, in five minutes, you could figure it out

362
00:34:32,540 --> 00:34:34,540
just by talking with each other.

363
00:34:34,540 --> 00:34:37,540
It's much harder when you're behind text.

364
00:34:37,540 --> 00:34:42,540
So it's amazing. I can't wait. Yeah.

365
00:34:51,540 --> 00:34:52,540
NIPs.

366
00:34:54,540 --> 00:34:55,540
We love them.

367
00:34:55,540 --> 00:34:56,540
NIPs.

368
00:34:56,540 --> 00:35:03,540
There's Derek. I knew I'd be able to coax him back out with a little NIP talk.

369
00:35:03,540 --> 00:35:08,540
You talk a little NIP talk? Walker, I got a new beer. I'm ready.

370
00:35:08,540 --> 00:35:17,540
Well, how did duty? I don't know why I said how did duty. I feel weird now.

371
00:35:17,540 --> 00:35:19,540
That's okay.

372
00:35:19,540 --> 00:35:22,540
I thought it was going to be a cool catchphrase or something.

373
00:35:22,540 --> 00:35:31,540
I mean, it was like 30 years ago. I don't remember it, but it might have been 40 years ago.

374
00:35:31,540 --> 00:35:34,540
But I have a feeling our parents thought it was cool.

375
00:35:34,540 --> 00:35:38,540
You know, I'm an old fashioned guy at the end of the day.

376
00:35:38,540 --> 00:35:41,540
Yeah, I can tell. It makes sense.

377
00:35:41,540 --> 00:35:48,540
Yeah. Derek, what are your thoughts? Enlighten us with some Nip and or Bush talk.

378
00:35:48,540 --> 00:36:01,540
Well, I think that we like to say we're early.

379
00:36:01,540 --> 00:36:06,540
And, you know, for those of us, I would say what?

380
00:36:06,540 --> 00:36:12,540
Ninety nine percent of us, ninety nine point ninety nine percent of us are Bitcoiners here.

381
00:36:12,540 --> 00:36:20,540
And if not 100 percent, and we like to say we're early, but it's not actually a meme.

382
00:36:20,540 --> 00:36:27,540
Right. Like we're we're not we're not lying.

383
00:36:27,540 --> 00:36:31,540
Like like we are early. And the same thing applies to the Nostra.

384
00:36:31,540 --> 00:36:37,540
Like like we are actually very early in everything.

385
00:36:37,540 --> 00:36:40,540
We don't see these type of developments.

386
00:36:40,540 --> 00:36:48,540
We don't see these type of conversations for Twitter, for Facebook, Instagram, you know, MySpace, whatever.

387
00:36:48,540 --> 00:36:54,540
We didn't see these type of things because they were closed protocols.

388
00:36:54,540 --> 00:36:58,540
They were things that were being developed behind closed doors.

389
00:36:58,540 --> 00:37:07,540
And we're watching all of this from day one, essentially being developed in the open.

390
00:37:07,540 --> 00:37:13,540
So we see all of the conversations, we see all the mistakes, we see all the successes,

391
00:37:13,540 --> 00:37:19,540
we saw see all the iterations, all the changes, all the things that everyone's talking about.

392
00:37:19,540 --> 00:37:24,540
And we get to participate in them.

393
00:37:24,540 --> 00:37:27,540
We didn't do that on Facebook, right? We didn't do it on Twitter.

394
00:37:27,540 --> 00:37:36,540
Maybe from time to time, maybe users had a little bit of input on something that was being considered,

395
00:37:36,540 --> 00:37:40,540
to be a feature. It's just very, very, very unique.

396
00:37:40,540 --> 00:37:48,540
So when people like I've been develop things and work on things and iterate

397
00:37:48,540 --> 00:37:57,540
and talk about different enhancements to Nostra, different improvements to Nostra, it's just really, really unique.

398
00:37:57,540 --> 00:38:01,540
It's just things that we're not used to seeing.

399
00:38:01,540 --> 00:38:08,540
And that's confusing for the average person, right?

400
00:38:08,540 --> 00:38:18,540
The average person is used to downloading an app from their iPhone, their Android phone, and it just works.

401
00:38:18,540 --> 00:38:23,540
They're not used to seeing things from the early stages.

402
00:38:23,540 --> 00:38:31,540
They're not used to seeing things that aren't 100% baked and 100% working.

403
00:38:31,540 --> 00:38:40,540
So I think that a lot of it relies on our community. A lot of it really does.

404
00:38:40,540 --> 00:38:49,540
We need to be vigilant and we need to tell people that we are early.

405
00:38:49,540 --> 00:38:55,540
We need to say, hey, Twitter's been around for 17 years.

406
00:38:55,540 --> 00:38:59,540
Do you understand how many mistakes they've made over the past two decades?

407
00:38:59,540 --> 00:39:02,540
How many times they've fucked up?

408
00:39:02,540 --> 00:39:05,540
How many times they did something that didn't work?

409
00:39:05,540 --> 00:39:09,540
How many times they retracted?

410
00:39:09,540 --> 00:39:15,540
Nostra's not any different than that, except for the fact that Nostra's...

411
00:39:15,540 --> 00:39:25,540
I mean, we can say Nostra's two years old, but only a couple hundred people use Nostra for the first year and a half, right?

412
00:39:25,540 --> 00:39:31,540
In my mind, Nostra didn't start being really used until December.

413
00:39:31,540 --> 00:39:40,540
So Nostra's only been six months old in that regard.

414
00:39:40,540 --> 00:39:51,540
So I think that we embrace the changes, we embrace the developers, we keep talking about things people are doing,

415
00:39:51,540 --> 00:39:58,540
and we let our friends and our family know that we're early.

416
00:39:58,540 --> 00:39:59,540
What does that mean?

417
00:39:59,540 --> 00:40:07,540
Well, it means that people are building the things that we're using live in front of us.

418
00:40:07,540 --> 00:40:11,540
And it's going to be a little shaky from time to time.

419
00:40:11,540 --> 00:40:18,540
It's not going to be perfect from time to time, but neither humans, everybody makes mistakes.

420
00:40:18,540 --> 00:40:24,540
And that's how we grow as people and that's how we grow as a platform and how it grows a protocol.

421
00:40:24,540 --> 00:40:34,540
I think that we just need to keep talking, having more conversations and be upfront and have more education.

422
00:40:34,540 --> 00:40:39,540
And not to beat a dead horse here, but it's all the same arguments we talk about with Bitcoin.

423
00:40:39,540 --> 00:40:46,540
It really is because at the end of the day, there's only a very small percentage of people that use these type of things

424
00:40:46,540 --> 00:40:54,540
because the majority of people like to use services and platforms that they're told to use.

425
00:40:54,540 --> 00:41:00,540
They like to use things that are perfect, near perfect, right?

426
00:41:00,540 --> 00:41:01,540
Close to perfect.

427
00:41:01,540 --> 00:41:08,540
So keep building, keep educating, keep talking to your friends and your family.

428
00:41:08,540 --> 00:41:10,540
Same old, same old.

429
00:41:10,540 --> 00:41:12,540
We're not retracting here.

430
00:41:12,540 --> 00:41:13,540
Keep doing what you're doing.

431
00:41:13,540 --> 00:41:14,540
We're on the right path.

432
00:41:14,540 --> 00:41:17,540
We're on the right track.

433
00:41:17,540 --> 00:41:28,540
In the end, I really think in the end, people will see that Nostr is better.

434
00:41:28,540 --> 00:41:31,540
It's just going to take time.

435
00:41:31,540 --> 00:41:33,540
I think you're spot on.

436
00:41:33,540 --> 00:41:35,540
It's also pronounced Nostr.

437
00:41:35,540 --> 00:41:42,540
But anyway, what I wanted to say is that I think you're exactly right.

438
00:41:42,540 --> 00:41:51,540
And the difficulty is that I believe that much like with Bitcoin, many people, perhaps the majority of people,

439
00:41:51,540 --> 00:41:55,540
will not open their eyes until they feel pain.

440
00:41:55,540 --> 00:41:57,540
Oh, absolutely.

441
00:41:57,540 --> 00:42:04,540
People need something that is screwing them over to say, well, there must be something better.

442
00:42:04,540 --> 00:42:13,540
You know what I say, Walker, all the time is that it's a fault with humans, but it's also human nature.

443
00:42:13,540 --> 00:42:20,540
We don't care about something until it fucks us or fucks our friends or family.

444
00:42:20,540 --> 00:42:31,540
Until you experience that pain or you firsthand know somebody that feels that pain, the majority of people don't care.

445
00:42:31,540 --> 00:42:40,540
And people that live here in the United States, if you're a white dude, you live here in the United States, you don't experience these things.

446
00:42:40,540 --> 00:42:41,540
You don't.

447
00:42:41,540 --> 00:42:49,540
You don't experience these type of, generally speaking, you don't experience censorship, you don't experience your money being debased, blah, blah, blah.

448
00:42:49,540 --> 00:42:54,540
We're really, really privileged here in the United States.

449
00:42:54,540 --> 00:42:56,540
We really are.

450
00:42:56,540 --> 00:43:02,540
So it's hard for people to say, oh, I've seen this because we haven't seen it here.

451
00:43:02,540 --> 00:43:04,540
We just don't see it.

452
00:43:04,540 --> 00:43:12,540
And until it fucks you, people just, I mean, you can say this about anything.

453
00:43:12,540 --> 00:43:13,540
It doesn't have to be with finances.

454
00:43:13,540 --> 00:43:14,540
It can be with health.

455
00:43:14,540 --> 00:43:16,540
It can be with anything.

456
00:43:16,540 --> 00:43:25,540
And until someone doesn't experience an issue, personally, it's really hard to see inside somebody else's shoes.

457
00:43:25,540 --> 00:43:28,540
And that's just human nature.

458
00:43:28,540 --> 00:43:29,540
That's just how we are.

459
00:43:29,540 --> 00:43:32,540
It's hard to perceive outside of our bubble.

460
00:43:32,540 --> 00:43:36,540
And not everybody can see it.

461
00:43:36,540 --> 00:43:37,540
Amen.

462
00:43:37,540 --> 00:43:38,540
I mean, that's the thing.

463
00:43:38,540 --> 00:43:40,540
It's like, OK, we want to talk about Bitcoin.

464
00:43:40,540 --> 00:43:42,540
You know, in America, yes.

465
00:43:42,540 --> 00:43:43,540
Are we experiencing inflation?

466
00:43:43,540 --> 00:43:44,540
Absolutely.

467
00:43:44,540 --> 00:43:48,540
Are we experiencing inflation like they have in Lebanon or Argentina?

468
00:43:48,540 --> 00:43:49,540
No, we are not.

469
00:43:49,540 --> 00:43:52,540
We do not feel that pain that they are feeling.

470
00:43:52,540 --> 00:44:03,540
We are not living under a CFA franc regime in Africa, where they have literally have an external power controlling the value of their money.

471
00:44:03,540 --> 00:44:08,540
They can devalue it by half overnight, which has literally happened multiple times.

472
00:44:08,540 --> 00:44:11,540
How we're not living in Iran.

473
00:44:11,540 --> 00:44:12,540
How odd is that?

474
00:44:12,540 --> 00:44:29,540
I could not fathom another country or another entity controlling how my day to day currency is, what its value is.

475
00:44:29,540 --> 00:44:30,540
That's weird to us, right?

476
00:44:30,540 --> 00:44:34,540
The CFA franc system is truly abhorrent.

477
00:44:34,540 --> 00:44:41,540
If you have not read up on this, you should read any of Alex Gladstein's recent pieces on the CFA franc.

478
00:44:41,540 --> 00:44:43,540
Because you should educate yourself.

479
00:44:43,540 --> 00:44:48,540
This is a disgusting colonialist, neocolonialist.

480
00:44:48,540 --> 00:44:49,540
That's what it is.

481
00:44:49,540 --> 00:44:51,540
And people don't understand.

482
00:44:51,540 --> 00:44:59,540
We literally have like colonial, like modern day colonialism through monetary policy happening.

483
00:44:59,540 --> 00:45:00,540
It's weird.

484
00:45:00,540 --> 00:45:02,540
It's monetary colonialism.

485
00:45:02,540 --> 00:45:03,540
It's just weird.

486
00:45:03,540 --> 00:45:07,540
Meanwhile, the French act like, oh, you know, we are so enlightened.

487
00:45:07,540 --> 00:45:08,540
Oh, we will.

488
00:45:08,540 --> 00:45:14,540
Oh, no, no.

489
00:45:14,540 --> 00:45:15,540
Fuck that.

490
00:45:15,540 --> 00:45:17,540
You imperialist bastards.

491
00:45:17,540 --> 00:45:20,540
Like not the French people, not the French people.

492
00:45:20,540 --> 00:45:21,540
I'm not saying that.

493
00:45:21,540 --> 00:45:25,540
I'm talking about the French leaders who propagate the system.

494
00:45:25,540 --> 00:45:26,540
We know the French people don't like this shit.

495
00:45:26,540 --> 00:45:30,540
They literally fucking burn down their fucking like streets.

496
00:45:30,540 --> 00:45:33,540
You know, you got to love the French for that.

497
00:45:33,540 --> 00:45:38,540
They're like, you know, in America, we just sometimes we take things because we don't pay attention.

498
00:45:38,540 --> 00:45:42,540
But the French are like, you want to raise our retirement age by what was it a year?

499
00:45:42,540 --> 00:45:44,540
It was only a year or two years.

500
00:45:44,540 --> 00:45:46,540
They're like, hell no.

501
00:45:46,540 --> 00:45:51,540
They wanted to raise the retirement age in France to less than what it is in America.

502
00:45:51,540 --> 00:45:56,540
And the French were like, fuck no, we're going to go burn shit down and ride in the streets.

503
00:45:56,540 --> 00:46:00,540
Like, wake the fuck up, America.

504
00:46:00,540 --> 00:46:05,540
Pardon my French.

505
00:46:05,540 --> 00:46:08,540
But on a happier note to your point.

506
00:46:08,540 --> 00:46:17,540
Well, I don't know if it's a happier note, but people pay attention when they need to pay attention and people pay attention when something hurts them.

507
00:46:17,540 --> 00:46:22,540
When inflation starts to actually hurt you, you start to pay attention and you look for a better solution.

508
00:46:22,540 --> 00:46:34,540
When censorship starts to actually hurt you and you find that you are not able to speak your to speak your mind freely when you thought you lived in a free country.

509
00:46:34,540 --> 00:46:37,540
We like to complain about it a lot in America, right?

510
00:46:37,540 --> 00:46:42,540
We like to, you know, and granted, there are liberties that are being infringed upon.

511
00:46:42,540 --> 00:46:50,540
However, it is absolutely nothing compared to the repression that so many countries around the world deal with.

512
00:46:50,540 --> 00:47:01,540
And those countries are there's a reason there are still shitloads of people using Noster and using Bitcoin in China, where they are where they blocked.

513
00:47:01,540 --> 00:47:07,540
Demas, excuse me, from the App Store, where they have banned Bitcoin many times over.

514
00:47:07,540 --> 00:47:20,540
But there are still people there who want to be free, who are choosing these tools that allow them to at least have some semblance of that, even in a repressive society.

515
00:47:20,540 --> 00:47:31,540
I'll get off my soapbox now.

516
00:47:31,540 --> 00:47:37,540
I just wanted to include that they know how to fucking throw a revolution, to be honest.

517
00:47:37,540 --> 00:47:41,540
I've seen the way that they eat while they're protesting.

518
00:47:41,540 --> 00:47:51,540
And I think our protest would last a little bit longer than a couple of days if we had the right nutrition like they do.

519
00:47:51,540 --> 00:47:56,540
If they like to do anything, they like to revolt and eat.

520
00:47:56,540 --> 00:47:58,540
So they do it very well.

521
00:47:58,540 --> 00:48:02,540
They've they've mastered it to to know at this moment in time.

522
00:48:02,540 --> 00:48:05,540
I fucking love it.

523
00:48:05,540 --> 00:48:13,540
We got to, you know, we got to learn a little bit more from them.

524
00:48:13,540 --> 00:48:20,540
I'm being so serious now, like completely like you are you are it's.

525
00:48:20,540 --> 00:48:30,540
You understand, Derek's drank a lot of beer at this point. But it's just really it's just really weird.

526
00:48:30,540 --> 00:48:32,540
Like I don't know how to say it.

527
00:48:32,540 --> 00:48:48,540
It's just odd to to to try to understand monetary policy that is happening outside of what you're used to seeing, what you're used to growing up with, what like in the United States,

528
00:48:48,540 --> 00:48:52,540
because that's that's all I know. That's where I'm from.

529
00:48:52,540 --> 00:48:57,540
And then you read about it and you try to understand what is actually happening.

530
00:48:57,540 --> 00:49:00,540
It's just it's just wild.

531
00:49:00,540 --> 00:49:13,540
I mean, we're starting to see these things over the past two years affect us here in the United States with inflation and endless money printing.

532
00:49:13,540 --> 00:49:25,540
But these things have I mean, this is the norm in countries in Africa and countries in South America.

533
00:49:25,540 --> 00:49:27,540
It's their daily lives.

534
00:49:27,540 --> 00:49:36,540
And I'm only talking about a fraction of what we're seeing here compared to what they see and what they experience.

535
00:49:36,540 --> 00:49:53,540
I could not imagine waking up in, you know, tomorrow morning in seven hours from eight hours from now and seeing half of the third quarter,

536
00:49:53,540 --> 00:49:59,540
a quarter of the value of my paycheck going away.

537
00:49:59,540 --> 00:50:02,540
That's insane.

538
00:50:02,540 --> 00:50:17,540
And it's because of bad governmental choices and corrupt government and governments thinking that they can, you know, print money to fix the problem overnight.

539
00:50:17,540 --> 00:50:20,540
But it fucks that fucks them for next week.

540
00:50:20,540 --> 00:50:23,540
It's it's just it's insane.

541
00:50:23,540 --> 00:50:25,540
It's insane.

542
00:50:25,540 --> 00:50:34,540
It's very hard to comprehend, even if you understand what's happening.

543
00:50:34,540 --> 00:50:49,540
It's hard to look at it from the outside and see why a populace, why a group of people would want to do this, because it may fix it for today.

544
00:50:49,540 --> 00:50:53,540
But literally tomorrow, it fucks everybody.

545
00:50:53,540 --> 00:50:56,540
Well, we have to clarify it's not the populace, right?

546
00:50:56,540 --> 00:51:07,540
Like the populace being the people in like Africa is probably the richest, richest continent in the world.

547
00:51:07,540 --> 00:51:08,540
You're right.

548
00:51:08,540 --> 00:51:11,540
In terms of actual natural wealth.

549
00:51:11,540 --> 00:51:17,540
But just to clarify, it's like you have and this is where, like, again, I would recommend reading Gladstein's pieces.

550
00:51:17,540 --> 00:51:26,540
I know you have, Derek, I'm not just for everyone else listening, read what Alex Gladstein writes, because check your financial privilege is really wild.

551
00:51:26,540 --> 00:51:29,540
It opens your eyes to the rest of the world.

552
00:51:29,540 --> 00:51:37,540
And his most recent piece on the IMF and the World Bank will make you angry.

553
00:51:37,540 --> 00:51:47,540
Like it should make you angry, because when you see what these, I don't know, what do you want to compare a governmental institution?

554
00:51:47,540 --> 00:51:49,540
That's fair, right?

555
00:51:49,540 --> 00:52:00,540
What they do and the way that they exploit countries and the way that they topple leaders who dare to stand up to them, it will make you sick to your stomach.

556
00:52:00,540 --> 00:52:03,540
But it will make you want to do something.

557
00:52:03,540 --> 00:52:05,540
We've been let astray, right?

558
00:52:05,540 --> 00:52:07,540
We've been let astray, Walker.

559
00:52:07,540 --> 00:52:14,540
Like we've been told that they're doing these things to help these developing nations.

560
00:52:14,540 --> 00:52:26,540
And maybe that's true for the exact like in the moment, but it literally fucks them for the future.

561
00:52:26,540 --> 00:52:28,540
It fucks them for tomorrow.

562
00:52:28,540 --> 00:52:30,540
It's wild.

563
00:52:30,540 --> 00:52:31,540
It's really wild.

564
00:52:31,540 --> 00:52:56,540
Like it's hard for me as a random dude in the middle of central Pennsylvania to look at what the world does to make things harder and really fuck the economies of these developing nations.

565
00:52:56,540 --> 00:53:01,540
Like it's absolutely wild.

566
00:53:01,540 --> 00:53:04,540
I don't understand why we're doing it.

567
00:53:04,540 --> 00:53:05,540
I don't.

568
00:53:05,540 --> 00:53:31,540
As a guy that tries to find the good in people and tries to see the good in people and tries to trust people, it's either the leaders of the world are fucking dumb or it's all done on purpose.

569
00:53:31,540 --> 00:53:46,540
And that's what makes you really think that something is wrong with the world.

570
00:53:46,540 --> 00:53:53,540
Either everybody doesn't know what they're doing or they highly, highly know what they're doing.

571
00:53:53,540 --> 00:53:58,540
And that's the problem that we have.

572
00:53:58,540 --> 00:54:01,540
Well, this goes back to what I said earlier, right?

573
00:54:01,540 --> 00:54:03,540
One percent of people are psychopaths.

574
00:54:03,540 --> 00:54:08,540
Now, a lot of people are just really shitty people.

575
00:54:08,540 --> 00:54:16,540
Like sometimes giving somebody the classification of a psychopath is letting them off too easy because they might just be a shitty person.

576
00:54:16,540 --> 00:54:19,540
There are people that are just bad people.

577
00:54:19,540 --> 00:54:39,540
Do you think that people that are working on these monetary policies look at them and say, you know what, that'll fix this for the next one month, two months, three months, year, whatever, but they fully know that anything beyond that, everybody's fucked.

578
00:54:39,540 --> 00:54:44,540
Are they just that dumb or are they just trying for a Band-Aid fix?

579
00:54:44,540 --> 00:54:49,540
That's my question.

580
00:54:49,540 --> 00:54:55,540
That's a difficult question because it's one I pose to myself all the time.

581
00:54:55,540 --> 00:55:07,540
I'm in between because I think that some of them are in fact smart enough to know that what they're doing is complete bullshit and has incredibly harmful effects.

582
00:55:07,540 --> 00:55:12,540
Others, I think, are genuinely fucking stupid.

583
00:55:12,540 --> 00:55:17,540
And then there are others that I think might believe their own bullshit.

584
00:55:17,540 --> 00:55:27,540
They might have drank their own Kool-Aid too often, and they may believe that what they are doing is somehow helpful because they've again, they've bought into their own lie.

585
00:55:27,540 --> 00:55:39,540
And, you know, can you imagine if you are one of those people, the cognitive dissonance that one must have to try and keep believing this lie that you keep telling yourself?

586
00:55:39,540 --> 00:55:49,540
Because if not, and if you are at least have some halfway decent morals, then you must regard yourself as a complete piece of shit.

587
00:55:49,540 --> 00:55:59,540
But if you're just a psychopath who genuinely cares not for other people, then I think that, well, you know exactly what you're doing.

588
00:55:59,540 --> 00:56:04,540
You're doing it, you know exactly what the effects will be, and you don't care.

589
00:56:04,540 --> 00:56:10,540
But I think that there's a spectrum. I think there's a big spectrum.

590
00:56:10,540 --> 00:56:17,540
And I don't know where someone like Jerome Powell falls in that spectrum, for example.

591
00:56:17,540 --> 00:56:30,540
Exactly. Is he literally a dumbass or does he understand that things will fuck people in the future and he's only trying to fix things for tomorrow?

592
00:56:30,540 --> 00:56:38,540
Magoo will tell us what's wrong here in a second. Like he's waiting. I see him over there.

593
00:56:38,540 --> 00:56:54,540
Like the Federal Reserve, the people at the Federal Reserve, Neel Kashkari, fucking Jerome Powell, Janet fucking yelling when she worked there because there's a goddamn revolving door between the Treasury and the Federal Reserve, like and between the big investment banks in the United States.

594
00:56:54,540 --> 00:57:05,540
They're not fucking idiots. They know what they're doing and they know that they, I mean, they're just, let's be honest, they're also fucking old.

595
00:57:05,540 --> 00:57:13,540
So they're kicking the can down the road until they can bow out. They're kicking the can down the fucking road until they can bow out and say, well, we tried our best.

596
00:57:13,540 --> 00:57:22,540
You know, I mean, we were like, whenever they say, you know, we need to tackle inflation, we need to fight inflation. It's like, motherfucker, you caused it and you know it.

597
00:57:22,540 --> 00:57:31,540
Walker, why do we, why do we have to elect literally the oldest politician? That's literally our thing in the United States.

598
00:57:31,540 --> 00:57:39,540
It's, hey, you're 70 years old. Why don't we elect you? I don't, I don't understand it.

599
00:57:39,540 --> 00:57:44,540
Because the last time we had a young president, he got capped in the head.

600
00:57:44,540 --> 00:57:56,540
I mean, you're not wrong, but like, I, I don't understand it. It's, it's, hey, who's your oldest Republican or who's your oldest Democrat?

601
00:57:56,540 --> 00:58:06,540
And you know what? They've been around for a while, so they obviously know what's up. Let's, let's, let's push them to run for office.

602
00:58:06,540 --> 00:58:16,540
And that's just dumb. I mean, it frustrates me because you've probably heard me say this ad nauseam, but there is no red.

603
00:58:16,540 --> 00:58:25,540
There is no blue. There is the state and there's you. And you know, it's two sides of the same fucking coin.

604
00:58:25,540 --> 00:58:33,540
And I will repeat it until I am blue in the face. You've said it so much that it's really caused me to look into it because

605
00:58:33,540 --> 00:58:42,540
most of my adult life, I've been a Republican. We're going to make this political for the last minute before we get Magoo up here.

606
00:58:42,540 --> 00:58:52,540
Most of my life I've been a Republican. And I didn't like how things were going years ago.

607
00:58:52,540 --> 00:59:01,540
And I switched parties because I didn't want to be associated with the weird, in my opinion, the weird way the Republican Party was going.

608
00:59:01,540 --> 00:59:13,540
And I switched to the Democratic Party because in Pennsylvania you can't vote unless you have in the primary elections, unless you're one of the other parties.

609
00:59:13,540 --> 00:59:21,540
So I switched parties to the Democratic Party so I could vote. And I don't know.

610
00:59:21,540 --> 00:59:23,540
Magoo is shitting on you right now.

611
00:59:23,540 --> 00:59:29,540
You know, Magoo can suck my dick and I don't really care. But that's just how it is.

612
00:59:29,540 --> 00:59:35,540
Sausage Fest, May 17th to May 20th. See you there, Derek.

613
00:59:35,540 --> 00:59:42,540
Magoo, are you going to fucking Miami? I need to grab your dick if you're going there so we can Sausage Fest it up.

614
00:59:42,540 --> 00:59:46,540
Jesus, Derek. Is your wife still in the room?

615
00:59:46,540 --> 00:59:52,540
Bro, she's going to be the one with the video camera.

616
00:59:52,540 --> 00:59:59,540
Let me get back to what I'm saying for like 30 seconds and then you can take over, Magoo.

617
00:59:59,540 --> 01:00:26,540
It's the fact that nobody fully is one way or the other. We unfortunately gravitate towards politicians that are saying one thing we like and that's bad because we have a two party system here in the United States.

618
01:00:26,540 --> 01:00:36,540
Where third parties don't mean anything but unfortunately third parties are where the majority of us stand.

619
01:00:36,540 --> 01:00:48,540
Where we like people that don't agree with the norms. We like people that are kind of in the middle because the majority of people in our country are literally in the middle.

620
01:00:48,540 --> 01:00:54,540
But third parties are bad apparently according to the masses.

621
01:00:54,540 --> 01:01:01,540
If you're a Democrat, the third party is stealing votes away from Democrats. If you're a Republican, they're stealing votes away from Republicans.

622
01:01:01,540 --> 01:01:18,540
Because Derek is socially liberal and Derek is financially conservative and nobody knows what the fuck that means.

623
01:01:18,540 --> 01:01:24,540
I know what it means. It means that you're a rich gay dude.

624
01:01:24,540 --> 01:01:30,540
Magoo, are we fucking in Miami next month or what?

625
01:01:30,540 --> 01:01:43,540
Yeah, so you've got to find me. I'm going to be on the floor and you have to look for my mobile network. My hotspot that I'm going to be extending is called 10 to 1. The password is Bitcoin.

626
01:01:43,540 --> 01:01:48,540
You're fucking around but you're not wrong.

627
01:01:48,540 --> 01:01:52,540
I don't know if he's fucking around to be honest. I can't tell.

628
01:01:52,540 --> 01:01:59,540
If you're not 100% one way or the other, that's weird. Why can't I be in the middle?

629
01:01:59,540 --> 01:02:03,540
I think Derek's coming out fucking space, guys.

630
01:02:03,540 --> 01:02:06,540
It's been the whole night.

631
01:02:06,540 --> 01:02:12,540
Derek's literally not coming out but whatever. I don't care, man.

632
01:02:12,540 --> 01:02:15,540
Oh, I think Derek is going to come.

633
01:02:15,540 --> 01:02:21,540
I mean, Magoo, where are we meeting at in Miami, man? You work hard.

634
01:02:21,540 --> 01:02:26,540
I'll send you the details.

635
01:02:26,540 --> 01:02:33,540
I will shut up right after this because I'll transfer over to Magoo and I've been up here way too long and I need to go hang out with my dog.

636
01:02:33,540 --> 01:02:38,540
But what I will say, Derek, is that you are right because they don't want you to be in the middle.

637
01:02:38,540 --> 01:02:44,540
They want you to pick up a partisan flag and they do not care which color that flag is that you wave.

638
01:02:44,540 --> 01:02:51,540
They want you to pick up a flag and wave it because that's all that matters because then you feel that you are a part of the system, right?

639
01:02:51,540 --> 01:02:56,540
You're part of what maybe your team won this year. Maybe your team lost this year.

640
01:02:56,540 --> 01:02:59,540
But if your team won, you're happy. If your team lost, you're angry.

641
01:02:59,540 --> 01:03:04,540
And either way, you are invested in that system and you believe that you have the opportunity to make a change.

642
01:03:04,540 --> 01:03:13,540
And that's the problem. But it's all a fucking racket. As I realized a couple of years ago that I don't I don't want to be on a team.

643
01:03:13,540 --> 01:03:18,540
On some on some issues, I want to vote one way on some issues.

644
01:03:18,540 --> 01:03:21,540
I want to vote the other way.

645
01:03:21,540 --> 01:03:33,540
Because I'm not going to vote down a party line because because because we don't all have to 100 percent agree.

646
01:03:33,540 --> 01:03:37,540
We all have to 100 percent the same way. That's just weird.

647
01:03:37,540 --> 01:03:43,540
Yeah. But Derek didn't hear a pennished order. You have to be a single issue voter.

648
01:03:43,540 --> 01:03:47,540
That's just weird, man. That's just weird. I've never been that way.

649
01:03:47,540 --> 01:03:59,540
Like I just I voted who I like and who I think will do the best job for that job.

650
01:03:59,540 --> 01:04:04,540
I mean, fuck me for trying to care. Right. Like it's just weird.

651
01:04:04,540 --> 01:04:11,540
But Magoo, like we're a sidestep that. Are you actually going to be in Miami?

652
01:04:11,540 --> 01:04:17,540
I can't tell from the shitposts on Twitter. I don't know. I haven't decided.

653
01:04:17,540 --> 01:04:32,540
Well, if you if you are, we have beers to drink together. So I'm thinking I'm thinking on Wednesday night to go to Peter McCormick's event.

654
01:04:32,540 --> 01:04:36,540
And you're going to tell me that Peter McCormick's a fucking dick and I shouldn't go there.

655
01:04:36,540 --> 01:04:43,540
And you know, fuck you. I might go there the next night on Wednesday or Thursday.

656
01:04:43,540 --> 01:04:54,540
I'm going to a club party and you're going to be like, oh, fuck, swan fucking Andersen fucking, you know, and and I'm fucking to go in there.

657
01:04:54,540 --> 01:05:00,540
I don't care. I mean, I'm doing that because it'll be fun.

658
01:05:00,540 --> 01:05:07,540
I like I like I like Andersen puppy. So you're going to the Thursday or Friday. That's Friday, isn't it?

659
01:05:07,540 --> 01:05:16,540
That's Thursday. No, I'm not. I can't make it for them. I do this every year. So what I do is I show up on Sunday.

660
01:05:16,540 --> 01:05:19,540
I go to the conference. That's the literally last day.

661
01:05:19,540 --> 01:05:24,540
And then I take pictures and I ask where everybody is. And then everyone's already gone.

662
01:05:24,540 --> 01:05:30,540
Yeah, I'm really flying out. It probably like 11 a.m. on Sunday.

663
01:05:30,540 --> 01:05:36,540
I'm flying in 11 a.m. Sunday. See me at the airport. Well, you're fucking up. You're missing Derek.

664
01:05:36,540 --> 01:05:47,540
Well, there's I don't know. Terminal one gate 69. Nice. Nice.

665
01:05:47,540 --> 01:05:59,540
Yeah, I don't want to burst your bubble or anything, but yeah, Magoo, I've been waiting for the past 20 minutes for you to tell me how I fucked up and how I should be thinking.

666
01:05:59,540 --> 01:06:07,540
Go ahead. Go ahead. Well, one, you're not you're not going to vote your way out of what what you currently think that you're in.

667
01:06:07,540 --> 01:06:14,540
And what I mean by what you currently think that you're in is everyone has their own utopia and everyone has their own hell.

668
01:06:14,540 --> 01:06:20,540
Right. When it comes to how they think the government should be running and no matter who you are and what you support,

669
01:06:20,540 --> 01:06:32,540
whether you're a literal left wing lunatic, wocus or you're like literally Ted Kaczynski mailing fucking bombs to everybody on the other side of the spectrum,

670
01:06:32,540 --> 01:06:40,540
you'll you always will think that there is room for improvement or you think that the system is rigged against you.

671
01:06:40,540 --> 01:06:49,540
And that goes back to Walker's point is because it is rigged against you and not because you're a liberal or not because you're a Republican or whatever you are.

672
01:06:49,540 --> 01:06:52,540
It's because you're not in you're not in the party that matters.

673
01:06:52,540 --> 01:06:58,540
And the party that matters is like the political elite in the oligarchs of the world.

674
01:06:58,540 --> 01:07:03,540
So you're not voting your way out of any situation.

675
01:07:03,540 --> 01:07:11,540
So the way that I look at this is if you think voting is going to change one thing in your life,

676
01:07:11,540 --> 01:07:22,540
at least in the short term, right, like is like you can change things with voting over a very long period of time like change does happen in like trends, cultural trends.

677
01:07:22,540 --> 01:07:25,540
All those things happen and they have happened in the past.

678
01:07:25,540 --> 01:07:32,540
But if you're looking directly to affect your single life and your lifespan, let's just call it 80 years,

679
01:07:32,540 --> 01:07:38,540
the chances of you voting and changing your life in the in the short term is very negligible.

680
01:07:38,540 --> 01:07:51,540
Like it's just not going to happen. Right. And people need to understand that because people focus too much on voting and not worrying about actually doing things that are going to make them happy and make them free.

681
01:07:51,540 --> 01:07:58,540
Like, for example, like I have voted for almost 10 years now. Why?

682
01:07:58,540 --> 01:08:14,540
Because I don't think it's going to make a difference. And in these 10 years I haven't voted. I've probably 100x, 200x my net worth and probably 10x my freedoms that I had 10 years ago by exiting the United States,

683
01:08:14,540 --> 01:08:25,540
pronouncing my citizenship and moving, moving abroad and being like a literal transnational and going to jurisdictions that actually favor you if you have money.

684
01:08:25,540 --> 01:08:34,540
Right. Like if you go to the United States or any Western country and you have money, you're perceived as being that you've took advantage of someone to gain said money.

685
01:08:34,540 --> 01:08:41,540
Right. And that's after they tax you. Right. So not only do they tax you first, then they demonize you. Right.

686
01:08:41,540 --> 01:08:47,540
Where if you go anywhere else in the world and you have money, it's like we have a table for you right here, sir.

687
01:08:47,540 --> 01:08:55,540
And it's not even if like you're white, you're black, you're Chinese, you're whatever. Like if you have money, there's a table for you right here. Right.

688
01:08:55,540 --> 01:09:04,540
Minus a few weird places that are still racist out there. But for the most part, you're 10 times more free. Right.

689
01:09:04,540 --> 01:09:16,540
And this is like a lot of Americans are they can't think their way out of a wet paper bag is because they've been grown up in a propaganda campaign where they've said the United States is the center of the universe

690
01:09:16,540 --> 01:09:24,540
and that it's the most free country on the planet and it's the most prosperous and you're going to be and thrives the most in this country.

691
01:09:24,540 --> 01:09:36,540
When in reality, that's actually the exact opposite. Like if you actually add economic output and value to the world economy, you're actually better off outside of the United States.

692
01:09:36,540 --> 01:09:48,540
Right. And I know this is there's some intersectionality there between like, can you actually take your profession and how you add value to the world outside of your current context of the United States?

693
01:09:48,540 --> 01:10:00,540
Like if you're a construction worker or you're doing physical labor, you do any like brick and mortar, it's hard to kind of transcend your value across national borders.

694
01:10:00,540 --> 01:10:10,540
But if you're like a software engineer, content creator, whatever the fuck it is, it doesn't matter where you are and you're adding value and you're making money.

695
01:10:10,540 --> 01:10:19,540
It literally makes zero sense to be in most of these quote unquote civilized jurisdictions that that that people want to think is the pinnacle.

696
01:10:19,540 --> 01:10:23,540
Right. It's the legacy brand countries. Right. Where they used to be good.

697
01:10:23,540 --> 01:10:36,540
But now they're only good because of their branding and what people have the perception of them. But when it comes to like a middle class American, like in a middle class American today is literally someone who makes one hundred thousand dollars.

698
01:10:36,540 --> 01:10:42,540
Right. Like, like, I know I think the average salary in the United States is like forty five fifty thousand dollars.

699
01:10:42,540 --> 01:10:54,540
But those people are actually broke. Like if you make forty five fifty thousand dollars a year in the United States, I don't care where you live, like especially if you live in some of the horrible jurisdictions.

700
01:10:54,540 --> 01:11:04,540
But if you literally live in bumfuck Idaho making forty five thousand dollars a year, you're not making it like like and that's not to say that that's your fault.

701
01:11:04,540 --> 01:11:09,540
Right. There's lots of reasons why people don't succeed. But like that's just not not making it.

702
01:11:09,540 --> 01:11:19,540
Right. And most in the reason why is like if you make forty five thousand dollars a year, the government is going to take like what 20 grand of that away.

703
01:11:19,540 --> 01:11:22,540
Fifteen seventeen thousand dollars away from you.

704
01:11:22,540 --> 01:11:25,540
If you make well, if you make forty five thousand, they won't take anything.

705
01:11:25,540 --> 01:11:29,540
Well, no, that's that's that's a myth because they're not taking anything from income tax.

706
01:11:29,540 --> 01:11:32,540
But every time you buy something, they're taking tax from you.

707
01:11:32,540 --> 01:11:41,540
You go to the gas pump. I agree completely. I'm just saying on the income, 51 percent of Americans pay zero in federal income tax.

708
01:11:41,540 --> 01:11:44,540
Yeah. And it's all scraped out of you. Right.

709
01:11:44,540 --> 01:11:58,540
And so like most of the stuff that you buy, whether it's me, groceries, gas, whatever you're doing, like every dollar that you're spending, you're probably paying a good well up front like sales tax.

710
01:11:58,540 --> 01:12:11,540
You're paying whatever 10, 12, 12 percent. But then there's hidden tariffs that are actually just in the baseline prices of things that you just don't see like gas or me or imported steel or whatever the fuck it is.

711
01:12:11,540 --> 01:12:14,540
Like there's a tax that you're paying. You just don't see it.

712
01:12:14,540 --> 01:12:20,540
So a lot of the money that you're spending is just gone to tax. It's gone to the government.

713
01:12:20,540 --> 01:12:39,540
And so like what my suggestion is, is like if you have any capability of making income on the move, you should probably get the fuck out of where you are because like you being born, like most people, and this isn't even just the United States, this is the world.

714
01:12:39,540 --> 01:12:52,540
Most people that are born don't even leave their hometown, let alone their state or their province or their jurisdiction or whatever it is, their country, their region.

715
01:12:52,540 --> 01:12:54,540
They just don't leave. Right.

716
01:12:54,540 --> 01:13:00,540
In reality, like there is a lot better places out there. Right.

717
01:13:00,540 --> 01:13:05,540
And Americans are always like, what do you mean there's better places out here? I can't do this. I can't do that.

718
01:13:05,540 --> 01:13:13,540
Like this is the thing about being like a transnational. You can play like go fish with jurisdictions with like what you want to use them for.

719
01:13:13,540 --> 01:13:21,540
Like for corporate, right, you might want to incorporate a business in a certain jurisdiction because it has lower corporate income taxes.

720
01:13:21,540 --> 01:13:24,540
Right. There's a couple of countries in the Caribbean.

721
01:13:24,540 --> 01:13:40,540
There's a couple kind of gray areas in Latin America where you can incorporate your business. And if you're sourcing income from outside of that country, you're not liable to pay any corporate tax whatsoever.

722
01:13:40,540 --> 01:13:46,540
And so that might be one of the solutions that you use for your corporate, your corporate incorporations.

723
01:13:46,540 --> 01:13:57,540
And then you might want to get a passport from a Caribbean island that has the most visas or if you want to buy a better passport or whatever you want to do, you might want to get citizenship that are elsewhere.

724
01:13:57,540 --> 01:14:14,540
And then when it comes to your actual residency, you can basically get an investor residency like investors residency almost in any country outside of the United States and Canada and some places in Europe.

725
01:14:14,540 --> 01:14:17,540
You don't even have to spend that much money.

726
01:14:17,540 --> 01:14:22,540
This guy's spazzing out here. I think he's got to want to say something.

727
01:14:22,540 --> 01:14:30,540
Yo, Maguso. We just got to close out the basically the recording because we're actually everybody has an hour slot, right?

728
01:14:30,540 --> 01:14:36,540
And we've gone over Broker Man's over 20 minutes of his of his hour slot.

729
01:14:36,540 --> 01:14:46,540
Yeah. And I just want to apologize, Broker Man. I don't know. I really want to apologize, man. I didn't think this was going to happen.

730
01:14:46,540 --> 01:14:54,540
Yeah. Sorry, Broker Man. I blame Derek. I blame Derek. You know, Magu is a smart individual and likes to talk.

731
01:14:54,540 --> 01:15:10,540
And we all like to listen to Magu. But, Broker Man, we want to hear what you have to say, too. So, Magu, fuck off.