1 00:00:00,000 --> 00:00:06,680 Good morning, good afternoon, good evening to everyone tuning in, and welcome to Fiendish 2 00:00:06,680 --> 00:00:08,220 and Friends. 3 00:00:08,220 --> 00:00:15,400 After a two-year hiatus almost to the day, the Bitcoin Cash Hangout is back, rebranded, 4 00:00:15,400 --> 00:00:20,960 and supercharged to march on with the glorious mission of decentralized permissionless digital 5 00:00:20,960 --> 00:00:23,240 cash for the world. 6 00:00:23,240 --> 00:00:27,480 Many of you have been excited about all the activities surrounding Fiendish and Friends, 7 00:00:27,480 --> 00:00:32,360 and I can't believe we're finally here, the first chapter of an incredible mission. 8 00:00:32,360 --> 00:00:38,800 Of growing the community, increasing on-chain transactions, and getting more people than 9 00:00:38,800 --> 00:00:47,520 ever using BCH, cash tokens, and everything the Bitcoin Cash ecosystem has to offer. 10 00:00:47,520 --> 00:00:53,480 All of this is to realize the Fiendish dream, a world where people can transact freely with 11 00:00:53,480 --> 00:00:57,600 one another in a currency where their wealth is protected. 12 00:00:57,600 --> 00:01:03,480 A future where Bitcoin Cash is adopted and used around the entire globe, and money's 13 00:01:03,480 --> 00:01:10,460 pure information can flow unimpeded to the general benefit of all. 14 00:01:10,460 --> 00:01:16,440 Part of realizing that dream is continuous technical progress of the technology that 15 00:01:16,440 --> 00:01:18,560 powers Bitcoin Cash. 16 00:01:18,560 --> 00:01:24,880 And that is why Fiendish and Friends' first episode is today, because today is a pretty 17 00:01:24,880 --> 00:01:27,280 special day for Bitcoin Cash. 18 00:01:27,280 --> 00:01:33,440 November the 15th is lock-in day, where any upgrades to the Bitcoin Cash network for the 19 00:01:33,440 --> 00:01:35,160 following May. 20 00:01:35,160 --> 00:01:41,520 And Bitcoin Cash has some big upgrades planned to be locked in the next May 2025. 21 00:01:41,520 --> 00:01:47,680 Taking this quote from Bitcoin Cash node, BCHN maintainers now consider VM limits and 22 00:01:47,680 --> 00:01:53,280 BigInt chips locked in by overwhelming community support. 23 00:01:53,280 --> 00:01:59,160 Virtual Machine limits and arithmetic, otherwise known as Velma, to enable more advanced Bitcoin 24 00:01:59,160 --> 00:02:05,080 Cash contracts, reduce transaction sizes, and reduce full node compute requirements. 25 00:02:05,080 --> 00:02:11,880 And BigInts, which increases the maximum length of the virtual machine numbers from 8 to 258 26 00:02:11,880 --> 00:02:12,880 bytes. 27 00:02:12,880 --> 00:02:18,520 And hopefully Jason Drazener, the developer behind the two chips, will be joining us later 28 00:02:18,520 --> 00:02:24,000 today to give some more insight into these two cash improvement proposals, otherwise 29 00:02:24,000 --> 00:02:25,000 known as chips. 30 00:02:25,000 --> 00:02:28,840 It is very early in the morning though, so if he doesn't manage to make it, Jason, you 31 00:02:28,840 --> 00:02:30,920 are excused. 32 00:02:30,920 --> 00:02:37,360 Also joining us in the first episode of Fiendish and Friends is special guest, Jomar Tagana, 33 00:02:37,360 --> 00:02:43,400 founder and CEO of Paytaka and brains behind many important BCH tools such as cash token 34 00:02:43,400 --> 00:02:49,880 studio plus many known BCH advocates and podcasters and proponents are joining us in the audience. 35 00:02:49,880 --> 00:02:54,840 I can see there Flowy, Tom Zander is there, Bitcoin Jason. 36 00:02:54,840 --> 00:02:57,560 It's great to have so many in the community here. 37 00:02:57,560 --> 00:03:00,480 It's wonderful to be part of this together. 38 00:03:00,480 --> 00:03:06,340 Just so you know, Fiendish and Friends is recorded and all episodes will be made available 39 00:03:06,340 --> 00:03:08,200 shortly after airing. 40 00:03:08,200 --> 00:03:12,720 Some more information will follow about where this can be found and can be watched. 41 00:03:12,720 --> 00:03:17,960 But before we begin, here's a quick note towards space's culture. 42 00:03:17,960 --> 00:03:22,240 Fiendish and Friends is on a mission to grow P2P cash usage. 43 00:03:22,240 --> 00:03:28,000 So we embrace an open, positive, inviting, friendly and forward thinking community for 44 00:03:28,000 --> 00:03:32,760 people to share what's going on within the Bitcoin cash ecosystem. 45 00:03:32,760 --> 00:03:38,200 So if you have a question for our speakers or on the topic being discussed, please make 46 00:03:38,200 --> 00:03:43,200 a request to grab the mic and don't be shy to come on the stage. 47 00:03:43,200 --> 00:03:49,920 Topics for today's show include Paytaka, its work on adoption in Asia, Paytaka wallet and 48 00:03:49,920 --> 00:03:52,080 the cash token studio. 49 00:03:52,080 --> 00:03:56,300 Also BCH 2025 upgrade Velma and Bigint. 50 00:03:56,300 --> 00:03:59,080 What does it mean and how does it impact you? 51 00:03:59,080 --> 00:04:06,280 There'll be news on the BCH cash tokens meme competition from the BCH podcast if he's there 52 00:04:06,280 --> 00:04:09,680 and able to make it and Meme Master Luke Pryor. 53 00:04:09,680 --> 00:04:14,160 Finally there'll be information about the Fiendish and Friends including our new tokens 54 00:04:14,160 --> 00:04:19,280 and announcement of the competition winner for 10 Fiendish tokens. 55 00:04:19,280 --> 00:04:22,760 So let's get the show on the road. 56 00:04:22,760 --> 00:04:25,520 Hi Jomar, welcome to Fiendish and Friends. 57 00:04:25,520 --> 00:04:27,640 It's great having you here. 58 00:04:27,640 --> 00:04:30,400 Hello, hi everyone. 59 00:04:30,400 --> 00:04:32,880 How are you doing? 60 00:04:32,880 --> 00:04:34,880 I'm good, thank you. 61 00:04:34,880 --> 00:04:38,520 It's nice to be here. 62 00:04:38,520 --> 00:04:41,200 Thank you for having you here. 63 00:04:41,200 --> 00:04:43,240 Yeah, you like you said. 64 00:04:43,240 --> 00:04:45,640 I am in awe of all your work. 65 00:04:45,640 --> 00:04:46,640 Right. 66 00:04:46,640 --> 00:04:50,160 I mean, it's really incredible how you've exploded onto the ecosystem. 67 00:04:50,160 --> 00:04:52,480 So yes, thank you. 68 00:04:52,480 --> 00:04:54,040 Thank you for being here. 69 00:04:54,040 --> 00:04:56,000 Yeah, my pleasure. 70 00:04:56,000 --> 00:04:57,000 My pleasure. 71 00:04:57,000 --> 00:05:04,760 So, yeah, so Jomar, maybe you could give a short introduction about who you are and what 72 00:05:04,760 --> 00:05:09,720 you're doing for those in the audience that may be not aware of who you are and what you're 73 00:05:09,720 --> 00:05:10,720 doing. 74 00:05:10,720 --> 00:05:11,720 Sure, sure. 75 00:05:11,720 --> 00:05:12,720 All right. 76 00:05:12,720 --> 00:05:20,080 My background is actually I'm a research scientist. 77 00:05:20,080 --> 00:05:21,800 I'm a biologist. 78 00:05:21,800 --> 00:05:24,800 I used to be. 79 00:05:24,800 --> 00:05:31,720 I did my PhD work on biotechnology and bioscience engineering. 80 00:05:31,720 --> 00:05:42,240 So many people ask me how I end up doing some software work and get involved in cryptocurrencies. 81 00:05:42,240 --> 00:05:47,080 It's really very different from my previous background. 82 00:05:47,080 --> 00:05:57,920 But early on 2013, I was able to read the Bitcoin white paper. 83 00:05:57,920 --> 00:06:06,680 And the moment I read and understood about Bitcoin, I knew that this is going to be a 84 00:06:06,680 --> 00:06:13,560 big introduce a big change in the world if totally realized. 85 00:06:13,560 --> 00:06:20,680 And I like the ideals that I read to be part of revolution. 86 00:06:20,680 --> 00:06:35,720 So starting as early as 2018, 2019, I got involved in several projects. 87 00:06:35,720 --> 00:06:41,240 And one of them is Paytaka, which is the wallet app. 88 00:06:41,240 --> 00:06:51,640 And the goal was really I wanted to see a lot of adoption everywhere of Bitcoin Cash. 89 00:06:51,640 --> 00:06:56,240 So I was thinking how can we make that happen? 90 00:06:56,240 --> 00:07:03,440 So the wallet was like the natural tool, the most natural thing that we can do. 91 00:07:03,440 --> 00:07:11,680 We should start with something that we can then modify and extend depending on what's 92 00:07:11,680 --> 00:07:12,960 needed on the ground. 93 00:07:12,960 --> 00:07:18,580 So Paytaka has been like we made it to be extensible. 94 00:07:18,580 --> 00:07:23,560 So we have app system within the wallet. 95 00:07:23,560 --> 00:07:30,680 So we built a number of things that we think are important in order to promote adoption 96 00:07:30,680 --> 00:07:33,440 of Bitcoin Cash. 97 00:07:33,440 --> 00:07:36,880 Yeah and that is something you'd be doing a lot of, which I'd like to come to. 98 00:07:36,880 --> 00:07:41,280 When thinking about the Paytaka wallet, Jermall, what do you think what differentiates your 99 00:07:41,280 --> 00:07:51,680 wallet from the many Bitcoin Cash wallets that are available currently on the ecosystem? 100 00:07:51,680 --> 00:07:59,720 So since 2018, we kept adding things, the functionalities that we think are needed. 101 00:07:59,720 --> 00:08:09,800 So we have the more recent ones, we launched the P2P exchange, which is meant to help with 102 00:08:09,800 --> 00:08:15,880 the onramp, offramp of BCH to Fiat. 103 00:08:15,880 --> 00:08:22,360 And so that's actually becoming like the primary means for our users in the Philippines to 104 00:08:22,360 --> 00:08:25,840 convert their pesos into Bitcoin Cash. 105 00:08:25,840 --> 00:08:33,800 And then so onboarding or onramping was one and we think that we should provide a compelling 106 00:08:33,800 --> 00:08:39,720 reason for ordinary folks to spend their BCH. 107 00:08:39,720 --> 00:08:48,000 So we built the marketplace, which is like a platform where the merchants that we onboarded 108 00:08:48,000 --> 00:08:50,320 can sell their products. 109 00:08:50,320 --> 00:08:59,280 And the customers, the wallet users can buy directly, buy food, order food from the merchants 110 00:08:59,280 --> 00:09:00,520 through the app. 111 00:09:00,520 --> 00:09:06,180 And then there's like a delivery system that handles the logistics. 112 00:09:06,180 --> 00:09:10,920 And the riders are also getting paid in Bitcoin Cash. 113 00:09:10,920 --> 00:09:19,240 And all this so that they're able to save because it's a lot cheaper than other delivery 114 00:09:19,240 --> 00:09:22,920 app platforms. 115 00:09:22,920 --> 00:09:24,580 What makes it cheaper? 116 00:09:24,580 --> 00:09:31,400 Is it the fact that the card fees are so much higher or the other factors at play? 117 00:09:31,400 --> 00:09:41,560 We were able to, I think a big part of that is because we are not paying payment processing 118 00:09:41,560 --> 00:09:43,980 fees. 119 00:09:43,980 --> 00:09:50,340 So we are not using credit cards, so we're able to cut down on the fees. 120 00:09:50,340 --> 00:09:51,760 So it's just Bitcoin Cash. 121 00:09:51,760 --> 00:09:54,360 So you pay a very minimal fee. 122 00:09:54,360 --> 00:10:01,920 We just add a little bit, a 10% markup where the other platforms are charging like up to 123 00:10:01,920 --> 00:10:03,260 40% markup. 124 00:10:03,260 --> 00:10:08,880 So we can go that low because we are using Bitcoin Cash. 125 00:10:08,880 --> 00:10:11,280 So and still be profitable. 126 00:10:11,280 --> 00:10:17,680 Yeah, this is, I guess, the critical thing because with Paitaka, you're building here 127 00:10:17,680 --> 00:10:20,920 a business, an ecosystem. 128 00:10:20,920 --> 00:10:25,840 And it's critical that at a certain point that business becomes profitable. 129 00:10:25,840 --> 00:10:30,760 And it interests me greatly, you know, to anyone out there who's not aware, Paitaka, 130 00:10:30,760 --> 00:10:32,240 so it's not just a wallet. 131 00:10:32,240 --> 00:10:40,480 It's an entire ecosystem, as Jomar just said, with P2P trades, marketplace and retail adoption 132 00:10:40,480 --> 00:10:48,440 of Brickham Mortar stores in the Philippines, which is really exciting. 133 00:10:48,440 --> 00:10:56,480 And Jomar, from your perspective, what you've seen out there, how much are the stores seeing 134 00:10:56,480 --> 00:10:58,440 usage from Bitcoin Cash? 135 00:10:58,440 --> 00:11:00,560 Are we talking, you know, are they seeing usage? 136 00:11:00,560 --> 00:11:03,160 Is it growing from your perspective? 137 00:11:03,160 --> 00:11:07,480 Yeah, it is growing. 138 00:11:07,480 --> 00:11:10,440 We built this map. 139 00:11:10,440 --> 00:11:18,720 We have the map.Paitaka.com so that people can see when the last transactions were done 140 00:11:18,720 --> 00:11:20,600 on each merchant. 141 00:11:20,600 --> 00:11:28,240 So there you can see that every day there is transaction in this merchants. 142 00:11:28,240 --> 00:11:32,680 So it's like a few hours ago, there was this transaction in this merchant. 143 00:11:32,680 --> 00:11:37,000 You can see that from the last transaction timestamp. 144 00:11:37,000 --> 00:11:45,920 And we ourselves can see that more and more users outside our circles, because for my 145 00:11:45,920 --> 00:11:50,880 team, they also receive partly in BCH their compensation. 146 00:11:50,880 --> 00:11:55,280 So we ourselves are spenders in the merchants that we onboard. 147 00:11:55,280 --> 00:12:01,640 But more and more we are seeing more people that are outside our circle who are becoming 148 00:12:01,640 --> 00:12:02,640 regular spenders. 149 00:12:02,640 --> 00:12:03,640 Oh, that's great to hear. 150 00:12:03,640 --> 00:12:04,640 Yeah. 151 00:12:04,640 --> 00:12:09,200 So the number of users increasing, the number of merchants are also increasing. 152 00:12:09,200 --> 00:12:17,640 And these days, it's even easier to onboard merchants because they can see like their 153 00:12:17,640 --> 00:12:25,880 friends who already got onboarded or they see us in public events because we do a lot 154 00:12:25,880 --> 00:12:29,620 of these promotions, public promotions. 155 00:12:29,620 --> 00:12:30,920 We organize events. 156 00:12:30,920 --> 00:12:32,840 We sponsor events. 157 00:12:32,840 --> 00:12:42,280 We get invited to conferences, local events here in the business community, and even in 158 00:12:42,280 --> 00:12:44,880 government organized events. 159 00:12:44,880 --> 00:12:48,080 So we are quite visible. 160 00:12:48,080 --> 00:12:56,040 And so when we approach businesses, they have this recall like, oh, this is Petaka. 161 00:12:56,040 --> 00:12:57,040 I know this. 162 00:12:57,040 --> 00:12:58,760 I saw this in this, in this, in this event. 163 00:12:58,760 --> 00:13:00,840 So you're quite famous. 164 00:13:00,840 --> 00:13:07,720 And so it becomes easy to onboard these merchants because of the visibility of our visibility 165 00:13:07,720 --> 00:13:09,480 in the space. 166 00:13:09,480 --> 00:13:10,480 Wow. 167 00:13:10,480 --> 00:13:11,480 That is amazing. 168 00:13:11,480 --> 00:13:16,280 And when thinking about where you came from, the fact that if someone really from a very 169 00:13:16,280 --> 00:13:24,800 different background to crypto currencies or cryptography that read the white paper, 170 00:13:24,800 --> 00:13:30,080 understood what Bitcoin was all about and saw the importance of that and that change 171 00:13:30,080 --> 00:13:36,360 on humanity and decided to go full on into Bitcoin Cash that still lives that dream and 172 00:13:36,360 --> 00:13:42,360 breathes that dream and do so much for the ecosystem and to have such great success. 173 00:13:42,360 --> 00:13:50,600 Jomar, I really do genuinely mean it when I say you are an asset to Bitcoin Cash, to 174 00:13:50,600 --> 00:13:55,000 P2P currency, to Liberty, to freedom and everything that is wrapped around it. 175 00:13:55,000 --> 00:13:59,680 And it's really wonderful to see all the work you're doing. 176 00:13:59,680 --> 00:14:06,640 And I have to admit, I downloaded all of the wallets quite a while ago that were available 177 00:14:06,640 --> 00:14:07,640 on Bitcoin Cash. 178 00:14:07,640 --> 00:14:17,600 And I started to have a look, you know, what's out there and what are the different possibilities? 179 00:14:17,600 --> 00:14:23,220 And I wasn't convinced enough to change my wallet at that point, mostly because I'm a 180 00:14:23,220 --> 00:14:24,880 creature of comfort. 181 00:14:24,880 --> 00:14:28,240 And I like what I know. 182 00:14:28,240 --> 00:14:38,160 So recently, as you know, I've used the Paytaker wallet quite intensively and in combination 183 00:14:38,160 --> 00:14:42,440 with Cash Studios, which I'd love also to hear a little bit about. 184 00:14:42,440 --> 00:14:46,920 And the wallet has got so much baked into it. 185 00:14:46,920 --> 00:14:53,320 And it's much more a pleasure to use than I remember a few years ago when it first came 186 00:14:53,320 --> 00:14:54,320 out. 187 00:14:54,320 --> 00:14:55,880 It's made some great iterations. 188 00:14:55,880 --> 00:14:56,880 It's improved so much. 189 00:14:56,880 --> 00:14:58,960 And I can say that to everyone in the crowd. 190 00:14:58,960 --> 00:15:01,000 And I do mean this genuinely right now. 191 00:15:01,000 --> 00:15:03,760 Paytaker is my wallet of choice. 192 00:15:03,760 --> 00:15:07,040 And I advise everyone in here to give it a go. 193 00:15:07,040 --> 00:15:09,320 I see, yeah, we've got Jeremy on. 194 00:15:09,320 --> 00:15:11,160 Celine is also a fantastic wallet. 195 00:15:11,160 --> 00:15:15,320 It's very, very easy to use, very quick, very efficient. 196 00:15:15,320 --> 00:15:19,200 And yeah, hats off to Flowey too. 197 00:15:19,200 --> 00:15:21,520 So I don't want to be putting down any other wallets in the ecosystem. 198 00:15:21,520 --> 00:15:27,080 I'm so fortunate to have so many fantastic wallets in the Bitcoin Cash ecosystem. 199 00:15:27,080 --> 00:15:31,720 But today, and it's not just because you're on, I genuinely have deleted some other wallets 200 00:15:31,720 --> 00:15:32,720 from my phone. 201 00:15:32,720 --> 00:15:33,720 Not all. 202 00:15:33,720 --> 00:15:36,640 I've still got Celine on there, to be quite honest. 203 00:15:36,640 --> 00:15:38,960 But my main wallet, main driver is Paytaker. 204 00:15:38,960 --> 00:15:41,160 So yes, thank you. 205 00:15:41,160 --> 00:15:45,080 And so I've been using Cash Token Studio, as you're aware. 206 00:15:45,080 --> 00:15:53,320 So, Joe, when did the idea behind Cash Token Studio come about and how much traction are 207 00:15:53,320 --> 00:15:55,560 you seeing there with people using that tool? 208 00:15:55,560 --> 00:15:59,880 And maybe you could also talk a little bit about what Cash Token Studio is, so everyone 209 00:15:59,880 --> 00:16:03,520 in the audience could have a bit of an understanding of what's available and how that connects 210 00:16:03,520 --> 00:16:08,840 to your wallet. 211 00:16:08,840 --> 00:16:12,440 So the, just a back story. 212 00:16:12,440 --> 00:16:22,480 So we have been, I personally have been involved in token projects in Bitcoin Cash since the 213 00:16:22,480 --> 00:16:25,520 early days, since SLP days. 214 00:16:25,520 --> 00:16:33,120 So in fact, my first project in Bitcoin Cash that I got involved in was the SPICE token 215 00:16:33,120 --> 00:16:34,120 project. 216 00:16:34,120 --> 00:16:35,120 That was SLP. 217 00:16:35,120 --> 00:16:36,120 That's fantastic. 218 00:16:36,120 --> 00:16:37,120 I wasn't actually aware. 219 00:16:37,120 --> 00:16:40,760 So you were behind the SPICE token? 220 00:16:40,760 --> 00:16:42,680 I wasn't, yeah, I wasn't involved with SPICE. 221 00:16:42,680 --> 00:16:49,680 I built the first version of the SPICE bot. 222 00:16:49,680 --> 00:16:57,040 And we were able to get it listed, the token in CoinX. 223 00:16:57,040 --> 00:17:06,840 But we had a lot of experience in SLP, the point that we knew what the flaws were. 224 00:17:06,840 --> 00:17:17,720 And we were like, we experienced it firsthand, how the infrastructure has eventually degraded. 225 00:17:17,720 --> 00:17:27,760 And there was a growing discontent with the way things were. 226 00:17:27,760 --> 00:17:35,640 And so when Cash Token was first proposed as a chip by Jason, I was very excited about 227 00:17:35,640 --> 00:17:42,200 it and very early we were digging in what we can do with cash tokens. 228 00:17:42,200 --> 00:17:49,520 And in fact, Paytaka was the, I think the very first wallet that had cash token support, 229 00:17:49,520 --> 00:17:54,200 if I'm not mistaken, because we did our work early on that. 230 00:17:54,200 --> 00:18:02,080 And we really wanted to take advantage of this superior token protocol that's getting 231 00:18:02,080 --> 00:18:03,680 out. 232 00:18:03,680 --> 00:18:17,840 And the result of that exploration and study, I got my team working on a tool that can help 233 00:18:17,840 --> 00:18:30,120 those who are not programmers to be able to create cash tokens, like fungible and non-fungible 234 00:18:30,120 --> 00:18:35,160 tokens with just the browser, point and click. 235 00:18:35,160 --> 00:18:41,880 And it will handle everything, creating the token, making sure that you can update the 236 00:18:41,880 --> 00:18:52,000 metadata and uploading the metadata like images and all the other token related information. 237 00:18:52,000 --> 00:18:56,920 The uploading to IPFS is also handled automatically by the tool. 238 00:18:56,920 --> 00:19:01,520 You just need to connect your wallet. 239 00:19:01,520 --> 00:19:04,740 Any wallet connect wallet will work. 240 00:19:04,740 --> 00:19:11,320 Of course, Paytaka was there from the beginning, but other wallets that are also supporting 241 00:19:11,320 --> 00:19:14,680 wallet connect, you can also use them. 242 00:19:14,680 --> 00:19:21,160 But I am myself happy to see the outcome of this. 243 00:19:21,160 --> 00:19:30,520 And many people, including you and other folks who appreciated how easy it is to use the 244 00:19:30,520 --> 00:19:34,120 cash token studio for any token project idea. 245 00:19:34,120 --> 00:19:35,120 Absolutely. 246 00:19:35,120 --> 00:19:38,240 It's really, really easy. 247 00:19:38,240 --> 00:19:39,800 So to put it out there into the room. 248 00:19:39,800 --> 00:19:45,240 So I am a techno idiot, I think is the best way to put it. 249 00:19:45,240 --> 00:19:50,680 So if I was having to program something, I don't have the time to work around that. 250 00:19:50,680 --> 00:19:56,680 If something's quite complicated to find the time that I would need to understand that 251 00:19:56,680 --> 00:20:00,640 and to make use of that. 252 00:20:00,640 --> 00:20:02,760 It's just not going to happen. 253 00:20:02,760 --> 00:20:09,720 And so I can really put my hand up and say that Joma has done a fantastic job here. 254 00:20:09,720 --> 00:20:13,160 I also like to give a shout out to Paul. 255 00:20:13,160 --> 00:20:14,720 So Paul created a video on YouTube. 256 00:20:14,720 --> 00:20:20,720 So if you search up how to create your own meme cash tokens on Bitcoin Cash and list 257 00:20:20,720 --> 00:20:22,800 them on Cauldron Quest Dex. 258 00:20:22,800 --> 00:20:27,020 There's a great video on YouTube and I'll make sure it's in the Finnish and Friends 259 00:20:27,020 --> 00:20:29,920 Telegram group that everyone can find access to. 260 00:20:29,920 --> 00:20:32,440 And he walks through the steps here in the video of how this works. 261 00:20:32,440 --> 00:20:39,040 And you can use Cash and I's Web Wallet from Matthew Goikens or you can use Paytaco Wallet, 262 00:20:39,040 --> 00:20:42,940 which is actually how I used it because then I didn't even need to leave my wallet. 263 00:20:42,940 --> 00:20:49,480 I was on my phone and I could connect very effortlessly to Cash Token Studio. 264 00:20:49,480 --> 00:20:55,160 And following the video, I don't even know if the video is needed, but because once you 265 00:20:55,160 --> 00:21:01,400 actually once you've done it once, you realize, wow, this is super, super simple, super easy. 266 00:21:01,400 --> 00:21:07,640 So I know many people in the community have yet to create mean coins or NFTs for one reason 267 00:21:07,640 --> 00:21:12,400 or another, maybe philosophical, but also I think quite a lot of it is just the friction 268 00:21:12,400 --> 00:21:16,080 that's seen there, the effort involved, which is no longer true. 269 00:21:16,080 --> 00:21:17,440 It's really easy. 270 00:21:17,440 --> 00:21:19,000 It's really effortless. 271 00:21:19,000 --> 00:21:26,960 So I implore everyone who's listening to check that video out, to check out Cash Token Studio, 272 00:21:26,960 --> 00:21:33,280 connect it to either Cash and I's or Paytaco or whatever Web Connect wallet you are using 273 00:21:33,280 --> 00:21:39,800 and to create some NFTs, create some tokens, send them to your friends, send them to your 274 00:21:39,800 --> 00:21:45,800 family, have some fun with this because there's a lot there, a lot of great tools that are 275 00:21:45,800 --> 00:21:46,800 easy to use. 276 00:21:46,800 --> 00:21:51,760 And if it interests you in the slightest, there's just not an excuse today not to do 277 00:21:51,760 --> 00:21:54,240 that on the Bitcoin Cash Network. 278 00:21:54,240 --> 00:21:55,240 So yeah, thanks. 279 00:21:55,240 --> 00:22:00,840 Thanks, Joe Mar for all of that and for your support in the ecosystem. 280 00:22:00,840 --> 00:22:06,400 Yeah, thank you for support as well. 281 00:22:06,400 --> 00:22:10,040 And we're getting a lot of feedback. 282 00:22:10,040 --> 00:22:18,200 In fact, in the early days, it wasn't as easy to use, but we really appreciated lots of 283 00:22:18,200 --> 00:22:21,760 feedback from early users. 284 00:22:21,760 --> 00:22:33,760 And if you are using either Cash Token Studio or Paytaco, please reach out to us if you 285 00:22:33,760 --> 00:22:40,800 encounter issues, if you have problems or even like simple like something that you want 286 00:22:40,800 --> 00:22:43,200 improved in the wallet. 287 00:22:43,200 --> 00:22:45,400 Our Telegram group is always there. 288 00:22:45,400 --> 00:22:52,760 I'm always there to take your feedback and we can probably prioritize it, work on it 289 00:22:52,760 --> 00:22:54,960 at some point. 290 00:22:54,960 --> 00:22:56,200 I can also attest to that. 291 00:22:56,200 --> 00:23:04,120 So I also had some issues when creating the Finnish and Friends NFT when it was first 292 00:23:04,120 --> 00:23:06,800 created, there wasn't an image attached to it. 293 00:23:06,800 --> 00:23:11,360 And I wrote in the Telegram group and Joe, I think, responded within two seconds. 294 00:23:11,360 --> 00:23:14,760 I don't know, it was lightning fast. 295 00:23:14,760 --> 00:23:16,920 And he responded. 296 00:23:16,920 --> 00:23:21,120 And just a few seconds after that, actually, the problem was solved automatically. 297 00:23:21,120 --> 00:23:28,840 It was just to do with, I guess, some latency with syncing up the data on the cloud to link 298 00:23:28,840 --> 00:23:31,040 to that metadata attached to the NFT. 299 00:23:31,040 --> 00:23:35,240 But yeah, it's so funny to see someone like yourself, Joe Marvitz. 300 00:23:35,240 --> 00:23:36,800 I guess that's you. 301 00:23:36,800 --> 00:23:39,760 That is your account on Telegram and you haven't given that to someone else. 302 00:23:39,760 --> 00:23:45,880 But if it is you, the fact you're so active on every level is really amazing. 303 00:23:45,880 --> 00:23:49,480 Yeah, I'm still sleeping. 304 00:23:49,480 --> 00:23:52,680 I'm still getting enough sleep. 305 00:23:52,680 --> 00:23:55,680 That's the main thing. 306 00:23:55,680 --> 00:23:59,520 Thinking about the next topic, so really important. 307 00:23:59,520 --> 00:24:05,320 So today, it looks like we are locking in, according to everything I can see, the May 308 00:24:05,320 --> 00:24:09,040 2025 upgrade is in. 309 00:24:09,040 --> 00:24:15,720 And there were some questions from KnuffNode, but these have now been sorted to do with 310 00:24:15,720 --> 00:24:16,760 the big ins. 311 00:24:16,760 --> 00:24:23,520 But it looks very much like Velma, VMLA, and big ins are locked in, the two big changes 312 00:24:23,520 --> 00:24:25,440 coming to the network. 313 00:24:25,440 --> 00:24:28,680 And I would love to hear from your perspective, Joe Marv. 314 00:24:28,680 --> 00:24:29,680 What does it mean? 315 00:24:29,680 --> 00:24:30,680 What does it mean to you? 316 00:24:30,680 --> 00:24:31,680 What does it mean to Paytaka? 317 00:24:31,680 --> 00:24:35,160 What does it mean to the ecosystem? 318 00:24:35,160 --> 00:24:41,160 We are equally excited about these upgrades in the same way that we were excited about 319 00:24:41,160 --> 00:24:43,200 cash tokens. 320 00:24:43,200 --> 00:24:51,360 I think it's very natural that once we have these very powerful token primitives, the 321 00:24:51,360 --> 00:24:59,520 cash tokens, and also the earlier upgrades, the introspection opcodes, and many of these 322 00:24:59,520 --> 00:25:09,800 enhancements in the VM, I think it's pretty natural to then tackle the limits. 323 00:25:09,800 --> 00:25:17,320 Because you have a very powerful VM, you have a very powerful set of opcodes that encourages 324 00:25:17,320 --> 00:25:21,440 building complex, more complex smart contracts. 325 00:25:21,440 --> 00:25:30,720 We don't want to be limited in terms of how big our contracts are, how many opcodes are 326 00:25:30,720 --> 00:25:33,360 there. 327 00:25:33,360 --> 00:25:43,800 Of course, there should be reasonable limits, but the current limits are just quite limiting. 328 00:25:43,800 --> 00:25:49,720 We need more reasonable limits so that we can build more powerful contracts. 329 00:25:49,720 --> 00:25:55,200 We can take advantage of the upgrades that have been rolled out in the earlier years. 330 00:25:55,200 --> 00:26:04,280 So yeah, I think we at Paytaka, we are excited about the possibilities that this can open. 331 00:26:04,280 --> 00:26:10,920 We ourselves are developing smart contract applications, and we hit these limits from 332 00:26:10,920 --> 00:26:20,280 time to time, and it will be a huge thing for building more complex applications. 333 00:26:20,280 --> 00:26:22,120 That's exciting. 334 00:26:22,120 --> 00:26:25,000 I really like the term reasonable. 335 00:26:25,000 --> 00:26:30,160 I've heard this used about Bitcoin Cash as well, the reasonable Bitcoin, the reasonable 336 00:26:30,160 --> 00:26:32,680 block size, the reasonable numbers. 337 00:26:32,680 --> 00:26:36,800 I like this because this is the middle of the road, Bitcoin Cash. 338 00:26:36,800 --> 00:26:40,320 It's basically taking the reasonable way forward. 339 00:26:40,320 --> 00:26:43,840 I guess it's because these changes were reasonable. 340 00:26:43,840 --> 00:26:48,120 That's why there was overall very large consensus for making these changes. 341 00:26:48,120 --> 00:26:53,080 I've seen Bitcoin Cash autist showed the difference between before the upgrade with the smart 342 00:26:53,080 --> 00:26:59,280 contract and afterwards, and there was a significant difference in the complexity. 343 00:26:59,280 --> 00:27:01,840 So it made it something that was very complex. 344 00:27:01,840 --> 00:27:07,200 Today, very much simpler, much more elegant with this upgrade, which will make it, I'm 345 00:27:07,200 --> 00:27:13,000 sure, much easier for developers to get their teeth stuck into this new world of UTXO, which 346 00:27:13,000 --> 00:27:16,440 they may not be acquainted to and the tooling around it. 347 00:27:16,440 --> 00:27:24,840 So I'm really excited that that's in and looking forward to seeing how that bears its fruit 348 00:27:24,840 --> 00:27:29,920 with new products tooling that will be built on it. 349 00:27:29,920 --> 00:27:35,680 Does anyone have anything to ask Jomar or to give their input into this massive upgrade 350 00:27:35,680 --> 00:27:37,160 lock in for next year? 351 00:27:37,160 --> 00:27:38,360 I'd love to hear from you. 352 00:27:38,360 --> 00:27:40,280 I see Jonathan Silverblood's in. 353 00:27:40,280 --> 00:27:42,840 Hey, Callisty, it's great to have you here too. 354 00:27:42,840 --> 00:27:46,520 Jeremy, I'm sure there's something you guys can add to this and the importance that this 355 00:27:46,520 --> 00:27:53,640 has on Bitcoin Cash and how that all these steps are leading us towards that guaranteed, 356 00:27:53,640 --> 00:27:59,120 for sure, destination of worldwide adoption and usage of Bitcoin Cash everywhere. 357 00:27:59,120 --> 00:28:00,120 Yeah. 358 00:28:00,120 --> 00:28:02,120 Hey, Jomar, how you doing? 359 00:28:02,120 --> 00:28:07,160 I've been a little while, but yeah, I want to get onto the upgrade. 360 00:28:07,160 --> 00:28:10,520 But firstly, I have a question which is about purely peer. 361 00:28:10,520 --> 00:28:14,560 So for people who don't know that Paytaka guys have been working on it, it's sort of 362 00:28:14,560 --> 00:28:20,280 like a Pokemon Go type of thing where you can walk around in the real world and find 363 00:28:20,280 --> 00:28:26,120 treasure troves of BCH and stuff like a geocaching kind of app. 364 00:28:26,120 --> 00:28:28,240 And that's been in the works for a long time. 365 00:28:28,240 --> 00:28:31,040 But I don't know how much focus is currently on it. 366 00:28:31,040 --> 00:28:33,480 But I even saw some news I think about it recently. 367 00:28:33,480 --> 00:28:38,920 So is that project maybe going to be getting closer to a public release or what's the latest 368 00:28:38,920 --> 00:28:39,920 update there? 369 00:28:39,920 --> 00:28:49,760 Yeah, actually, we're going to push some updates in the next few days about it. 370 00:28:49,760 --> 00:28:58,120 We've done a lot of the enhancements on the converting the tokenization because it started 371 00:28:58,120 --> 00:29:01,400 as an SLP focused project. 372 00:29:01,400 --> 00:29:05,440 I mean, we were using SLP for that tokens. 373 00:29:05,440 --> 00:29:13,200 So we converted the contracts and all the logic related to it to use cash tokens. 374 00:29:13,200 --> 00:29:19,440 And it's a lot simpler now and a lot more streamlined. 375 00:29:19,440 --> 00:29:27,120 And we were able to, along with many developments in Paytaka, we were able to add interesting 376 00:29:27,120 --> 00:29:29,760 features. 377 00:29:29,760 --> 00:29:43,800 One thing is we're now able to lock a portion of the collected BCH to the merchant vault 378 00:29:43,800 --> 00:29:44,800 in the POS. 379 00:29:44,800 --> 00:29:52,960 It's like a voucher that you can only claim in merchants, in brick and mortar merchants. 380 00:29:52,960 --> 00:30:00,560 And so what you have is people like you and me who are supporters, we will rain Bitcoin 381 00:30:00,560 --> 00:30:03,840 cash on GU tag locations. 382 00:30:03,840 --> 00:30:10,000 And then people will use the Purely Peer app to collect all this, like the Pokemon Go game 383 00:30:10,000 --> 00:30:16,120 where people physically run around and collect game items. 384 00:30:16,120 --> 00:30:19,520 In this case, it's going to be what we call cash drops. 385 00:30:19,520 --> 00:30:28,400 These are amounts of BCH that are dispersed in different locations. 386 00:30:28,400 --> 00:30:37,960 And we're able to tag this or couple this with the local merchant adoption so that those 387 00:30:37,960 --> 00:30:44,640 who collect the BCH will not just send it to Binance and exchange it for dollars, so 388 00:30:44,640 --> 00:30:52,000 that it will be locked into the growing network of merchants that we have been working on 389 00:30:52,000 --> 00:30:54,920 in Paytaka. 390 00:30:54,920 --> 00:30:56,600 That's one exciting part. 391 00:30:56,600 --> 00:31:05,040 And Eric has some ideas about the games we can build on top of it. 392 00:31:05,040 --> 00:31:08,040 Yeah. 393 00:31:08,040 --> 00:31:18,960 It's been a long way in development since 2021, and we are excited to roll it out in 394 00:31:18,960 --> 00:31:22,480 the next, I don't know, very soon. 395 00:31:22,480 --> 00:31:23,480 Very soon. 396 00:31:23,480 --> 00:31:26,640 Damn, that sounds so hype. 397 00:31:26,640 --> 00:31:32,640 And that's actually a fucking amazing innovation if we can do the cash drops onto people and 398 00:31:32,640 --> 00:31:35,960 then they can't just set like they're forced almost in a sense. 399 00:31:35,960 --> 00:31:38,240 It's free money, so it's great. 400 00:31:38,240 --> 00:31:42,000 But on the other hand, they can't just cash it out immediately and they need to go and 401 00:31:42,000 --> 00:31:44,320 actually experience using it. 402 00:31:44,320 --> 00:31:48,040 So it's got that flexibility where I guess you can probably set it so they can use it 403 00:31:48,040 --> 00:31:51,680 at any of your merchants, but they do have to use it at the merchants. 404 00:31:51,680 --> 00:31:55,600 They can't just use it wherever else. 405 00:31:55,600 --> 00:31:58,520 Damn, that's amazing. 406 00:31:58,520 --> 00:32:03,440 That's really showing like the payoff of just sticking with these projects for long periods 407 00:32:03,440 --> 00:32:08,640 of time and just the upgrades starting to snowball onto each other with cash tokens 408 00:32:08,640 --> 00:32:11,720 and the tooling and the wallets and everything. 409 00:32:11,720 --> 00:32:14,480 This is stuff that no other cryptocurrency has, anything like that. 410 00:32:14,480 --> 00:32:16,720 They don't have the merchant network. 411 00:32:16,720 --> 00:32:20,840 They don't have tokens that would be blocked into that or a way to distribute them. 412 00:32:20,840 --> 00:32:22,360 Damn, this is so hype. 413 00:32:22,360 --> 00:32:23,360 I'm loving it. 414 00:32:23,360 --> 00:32:24,360 Yeah. 415 00:32:24,360 --> 00:32:28,240 And I think that the ideas that can come out of that, the sort of gamification that can 416 00:32:28,240 --> 00:32:29,800 be turned into real world. 417 00:32:29,800 --> 00:32:32,960 And this is something that really interests me is the alternate reality games where you 418 00:32:32,960 --> 00:32:37,440 are playing in the real world, like Pokemon. 419 00:32:37,440 --> 00:32:40,200 They did a good bit of this, but it's where you're going. 420 00:32:40,200 --> 00:32:45,200 You're using your phone and an app to go and do geocaching, to go and do treasure hunts 421 00:32:45,200 --> 00:32:51,720 and use your NFTs to unlock treasure troves and with more clues and stuff like this. 422 00:32:51,720 --> 00:32:54,120 The possibilities are almost endless. 423 00:32:54,120 --> 00:33:00,960 And I see that the gamification and the fun aspect of crypto usage is almost certainly 424 00:33:00,960 --> 00:33:07,520 an important stepping stone towards that desired goal of making Bitcoin cash this world wide 425 00:33:07,520 --> 00:33:08,520 used currency. 426 00:33:08,520 --> 00:33:09,520 Yeah, it's amazing. 427 00:33:09,520 --> 00:33:15,120 So on the upgrade, I think, yeah, I'm really glad to see that lock in. 428 00:33:15,120 --> 00:33:17,040 Obviously we've had some back and forth. 429 00:33:17,040 --> 00:33:21,160 The big insting came a little bit late in the process and whatever. 430 00:33:21,160 --> 00:33:25,560 But overall, I think this is a great surge in momentum. 431 00:33:25,560 --> 00:33:28,840 It's really just a case of building year after year. 432 00:33:28,840 --> 00:33:33,320 To me, it even feels like basically yesterday that everyone was excited that we were locking 433 00:33:33,320 --> 00:33:36,440 in cash tokens and cash tokens going live. 434 00:33:36,440 --> 00:33:41,800 I remember the stream we did about that with the logo for cash tokens. 435 00:33:41,800 --> 00:33:44,160 And that just seems like yesterday. 436 00:33:44,160 --> 00:33:46,760 But then since then, we've carried on with DUNABLA. 437 00:33:46,760 --> 00:33:48,680 Now the BM limit is blocking in. 438 00:33:48,680 --> 00:33:53,520 And before you know it, that'll be just another thing that's just in the roadmap. 439 00:33:53,520 --> 00:33:56,240 And it just creates the right environment. 440 00:33:56,240 --> 00:33:59,160 You can't predict all what it will lead to. 441 00:33:59,160 --> 00:34:03,480 You just know that by reducing the friction and reducing the friction and making things 442 00:34:03,480 --> 00:34:08,840 more powerful for builders, eventually, here, there, and everywhere, people just start making 443 00:34:08,840 --> 00:34:10,600 stuff and it just starts to kick off. 444 00:34:10,600 --> 00:34:15,800 I've recently seen, I can't talk about it, but another project that's been in the works 445 00:34:15,800 --> 00:34:18,160 for a while that I'm really excited for. 446 00:34:18,160 --> 00:34:22,960 And the impact on all the projects that we don't know are happening or aren't going to 447 00:34:22,960 --> 00:34:24,560 come up is just massive. 448 00:34:24,560 --> 00:34:28,880 So I'm thrilled. 449 00:34:28,880 --> 00:34:29,880 Very exciting. 450 00:34:29,880 --> 00:34:30,880 It's really exciting times. 451 00:34:30,880 --> 00:34:33,640 It's a great time to be in Bitcoin Cash. 452 00:34:33,640 --> 00:34:39,880 And again, thank you to Jomar for being here, for talking about what you're doing, about 453 00:34:39,880 --> 00:34:42,320 your thoughts on the next upgrade. 454 00:34:42,320 --> 00:34:47,440 And I'm really looking forward to seeing everything that comes out of Team Petaca because so far 455 00:34:47,440 --> 00:34:49,700 the results have been spectacular. 456 00:34:49,700 --> 00:34:53,920 So for everyone listening, please give Jomar a follow. 457 00:34:53,920 --> 00:34:59,960 You can find them on x.com under Jomar underscore Tagana. 458 00:34:59,960 --> 00:35:05,240 And go and if you haven't already, download the Petaca wallet right now and check out 459 00:35:05,240 --> 00:35:07,460 Cash Token Studio. 460 00:35:07,460 --> 00:35:13,920 Have some fun, create some tokens, create some NFTs today or at the weekend and give 461 00:35:13,920 --> 00:35:15,540 it a try. 462 00:35:15,540 --> 00:35:21,840 Which comes on, leads me on just to the next topic, Fiendish and Friends. 463 00:35:21,840 --> 00:35:26,560 And this is really important that we've seen the work that's being done here with the token 464 00:35:26,560 --> 00:35:27,560 creation. 465 00:35:27,560 --> 00:35:29,960 Petaca's tools are game changing for BCH. 466 00:35:29,960 --> 00:35:32,880 It makes everything so user friendly and smooth. 467 00:35:32,880 --> 00:35:38,000 And the Fiendish tokens and emeralds were created using Petaca's wallet, Cash Token 468 00:35:38,000 --> 00:35:44,720 Studio and linking them together using the magic of Wallet Connect, which is really seamless 469 00:35:44,720 --> 00:35:46,400 how it all works together. 470 00:35:46,400 --> 00:35:50,920 And I can't recommend enough to go and check that out and start building. 471 00:35:50,920 --> 00:35:53,680 And a little bit about Fiendish and Friends. 472 00:35:53,680 --> 00:35:57,960 Many of you know who I am, many, many maybe not. 473 00:35:57,960 --> 00:36:01,720 So I want to talk about who we are, what we're about, what the vision is and the mission 474 00:36:01,720 --> 00:36:06,800 and everything you need to know about Fiendish tokens and emeralds. 475 00:36:06,800 --> 00:36:08,600 Many of you, as I said, will already know me. 476 00:36:08,600 --> 00:36:14,560 So I'm Fiendish and I have been an active BCH proponent since 2021. 477 00:36:14,560 --> 00:36:19,640 I am the founder of Bitcoin Cash Hangout, our cash tokens, BCH Marketplace, host and 478 00:36:19,640 --> 00:36:25,600 speaker of conferences, BCH SYNC Kits and BCH Bliss, Bliss respectively. 479 00:36:25,600 --> 00:36:32,640 Team Fiendish has a deep and passionate love for permissionless digital P2P cash as a tool 480 00:36:32,640 --> 00:36:37,800 that protects us and helps secure a free and bright future for us all. 481 00:36:37,800 --> 00:36:43,560 And the Fiendish team are dedicated to promoting and expanding the Bitcoin Cash ecosystem and 482 00:36:43,560 --> 00:36:47,200 its day to day usage through a variety of initiatives. 483 00:36:47,200 --> 00:36:52,680 And Fiendish and Friends is designed to be a weekly podcast or expasis with themes and 484 00:36:52,680 --> 00:36:59,100 topics around P2P cash, current affairs that are related to this mission designed to be 485 00:36:59,100 --> 00:37:04,080 entertaining for a whole new generation of BCHs, which I'm pretty sure, Jomar, with all 486 00:37:04,080 --> 00:37:07,880 the work you've been doing, this is also going to be ushering in those new people, the fresh 487 00:37:07,880 --> 00:37:10,080 blood into the ecosystem. 488 00:37:10,080 --> 00:37:15,520 Fiendish and Friends is planned to run every Friday, so every week, alternating between 489 00:37:15,520 --> 00:37:21,000 1 o'clock Central European time and 8 o'clock, of course, in the afternoons, not in the middle 490 00:37:21,000 --> 00:37:22,000 of the morning. 491 00:37:22,000 --> 00:37:28,040 To ensure, and this ensures that both East and West are united and both get access to 492 00:37:28,040 --> 00:37:31,120 the Fiendish community and the mission. 493 00:37:31,120 --> 00:37:35,280 As many of you are aware, there are two tokens that have been generated for Fiendish and 494 00:37:35,280 --> 00:37:37,880 Friends and I want to talk just quickly about that. 495 00:37:37,880 --> 00:37:39,480 There is the Fiendish Emerald. 496 00:37:39,480 --> 00:37:42,560 The Fiendish love everything that is green. 497 00:37:42,560 --> 00:37:44,240 Hopefully you do too. 498 00:37:44,240 --> 00:37:50,000 With Emerald being their favourite gemstone of choice, there are 1 trillion Emeralds out 499 00:37:50,000 --> 00:37:56,280 there and these are to be used for fun, games, competition, adventures, frolics and Jomar, 500 00:37:56,280 --> 00:38:00,680 when you bring out the map and we've got some we can use, if there's geocaching, we're going 501 00:38:00,680 --> 00:38:04,320 to have lots of fun there. 502 00:38:04,320 --> 00:38:10,080 And then there's the Fiendish token and this represents the most valuable commodity of 503 00:38:10,080 --> 00:38:11,080 all. 504 00:38:11,080 --> 00:38:17,880 So, here's the question, if you were offered 21 million BCH but would die tomorrow, would 505 00:38:17,880 --> 00:38:19,840 you accept? 506 00:38:19,840 --> 00:38:20,840 Probably not. 507 00:38:20,840 --> 00:38:22,000 And that's time. 508 00:38:22,000 --> 00:38:26,560 Time is more valuable than even BCH and greatly so. 509 00:38:26,560 --> 00:38:29,720 And the Fiendish token represents time. 510 00:38:29,720 --> 00:38:33,800 So not only will Fiendish tokens be used for social games and treasure hunts and being 511 00:38:33,800 --> 00:38:39,320 able to buy exclusive Fiendish goodies such as the Fiendish and Friends number one limited 512 00:38:39,320 --> 00:38:47,760 NFT, which only five will ever exist, this ensures it has a floor price of the value 513 00:38:47,760 --> 00:38:49,160 of my time. 514 00:38:49,160 --> 00:38:55,320 And yes, that does mean you can cash them in for my time as well as for BCH, the BCH 515 00:38:55,320 --> 00:38:59,080 equivalent on Cauldron Dex. 516 00:38:59,080 --> 00:39:03,280 So not only does this offer an incentive to help stabilise the price and helps prevent 517 00:39:03,280 --> 00:39:08,000 the token dropping below a certain value, it can create a positive feedback loop of 518 00:39:08,000 --> 00:39:12,920 the Fiendish and Friends ecosystem and BCH promoting activities. 519 00:39:12,920 --> 00:39:18,020 The more value Fiendish and Friends can generate for the ecosystem, the more demand is driven 520 00:39:18,020 --> 00:39:23,720 incentivising every stakeholder to help make Fiendish and Friends a success, leading to 521 00:39:23,720 --> 00:39:30,000 a growth in the Bitcoin Cash community and ecosystem and then working to make that dream 522 00:39:30,000 --> 00:39:36,060 of a world where there's wide adoption of BCH become a reality. 523 00:39:36,060 --> 00:39:42,920 And so for those that are in the competition, this explains why there will be 125,000 planned 524 00:39:42,920 --> 00:39:48,080 burn of unissued Fiendish tokens every year, because with each year that passes, there 525 00:39:48,080 --> 00:39:52,600 is one year less time to achieve the Fiendish dream. 526 00:39:52,600 --> 00:39:56,240 So reach out directly if you wish to buy any of these tokens and join in or head over to 527 00:39:56,240 --> 00:39:59,920 Cauldron Dex where you can buy and sell Fiendish tokens today. 528 00:39:59,920 --> 00:40:05,840 Big disclaimer, like with any mean coins, with any NFTs, my God, do not invest any money 529 00:40:05,840 --> 00:40:10,680 into anything that you're not willing to lose, because the point of mean coins, the point 530 00:40:10,680 --> 00:40:13,240 of all these tokens is to have some fun with. 531 00:40:13,240 --> 00:40:17,680 If you want to use them as an investment tool, this is down to you. 532 00:40:17,680 --> 00:40:22,000 But as in any of that system, it's risky and not to be advised. 533 00:40:22,000 --> 00:40:25,800 And even the Cauldron Dex advises not to put any money on there that you wouldn't be willing 534 00:40:25,800 --> 00:40:28,080 to lose because it is still considered alpha. 535 00:40:28,080 --> 00:40:33,840 But please put some money in a little bit, have some fun and treat it as part of an eco-growing 536 00:40:33,840 --> 00:40:39,680 exercise where we can work together to make Bitcoin Cash a success. 537 00:40:39,680 --> 00:40:41,680 Hopefully that's clear for everyone. 538 00:40:41,680 --> 00:40:42,680 Yeah. 539 00:40:42,680 --> 00:40:43,680 Yeah. 540 00:40:43,680 --> 00:40:46,120 So I was just reflecting on that. 541 00:40:46,120 --> 00:40:51,900 So you've issued these tokens, the Fiendish token, and that's directly pegged against 542 00:40:51,900 --> 00:40:52,900 your time. 543 00:40:52,900 --> 00:40:57,720 Like, is it always the case that I can cash in 60 of those to get a minute of consultation 544 00:40:57,720 --> 00:40:58,720 from you? 545 00:40:58,720 --> 00:41:00,680 That's what an interesting idea. 546 00:41:00,680 --> 00:41:01,680 It's an hour. 547 00:41:01,680 --> 00:41:06,080 One token is relative to one minute, and yes, you can cash those in and you can get my time. 548 00:41:06,080 --> 00:41:08,760 Now, of course, there's no contract in this. 549 00:41:08,760 --> 00:41:10,440 It's a trust-based thing. 550 00:41:10,440 --> 00:41:13,280 And if you want me to strip naked and smear peanut butter over myself and run through 551 00:41:13,280 --> 00:41:15,520 the streets, I will probably decline. 552 00:41:15,520 --> 00:41:21,880 But yes, you can cash those in and you can receive my time and effort. 553 00:41:21,880 --> 00:41:25,040 And it also means I don't want to be working for... 554 00:41:25,040 --> 00:41:26,040 There's a limit to my time. 555 00:41:26,040 --> 00:41:27,040 I have very little of it. 556 00:41:27,040 --> 00:41:29,760 It's very precious to me and spending time with my family. 557 00:41:29,760 --> 00:41:37,860 So I have no incentive of that token value going lower than what I value my time. 558 00:41:37,860 --> 00:41:41,320 So that's the interesting aspect of this. 559 00:41:41,320 --> 00:41:45,600 And to give a big warning out there or a sort of a clause into this, I have only created 560 00:41:45,600 --> 00:41:47,400 my first token this week. 561 00:41:47,400 --> 00:41:49,960 This is all an exciting experiment. 562 00:41:49,960 --> 00:41:55,040 And I will be learning while doing just like I hope everyone here is also doing the same 563 00:41:55,040 --> 00:41:59,320 as we get used to these tools and understand their limitations and also what they can 564 00:41:59,320 --> 00:42:01,040 offer us. 565 00:42:01,040 --> 00:42:05,200 The great thing about the Fiendish token as well is it will offer a direct feedback mechanism 566 00:42:05,200 --> 00:42:08,080 to how well Team Fiendish is performing. 567 00:42:08,080 --> 00:42:15,880 So our guest speakers will receive a token gesture of one Fiendish token, meaning a total... 568 00:42:15,880 --> 00:42:18,680 So Jeremy, you're certainly getting one. 569 00:42:18,680 --> 00:42:19,680 Joe-Mart might... 570 00:42:19,680 --> 00:42:20,680 Let's go. 571 00:42:20,680 --> 00:42:27,860 So this means that we're giving out two tokens plus also there is a competition winner of 572 00:42:27,860 --> 00:42:30,520 guessing what the Fiendish token represents. 573 00:42:30,520 --> 00:42:34,440 And this was once, this is another 10 tokens that will be given out. 574 00:42:34,440 --> 00:42:39,160 And the shout out here to Architect for winning this one, which is really wonderful because 575 00:42:39,160 --> 00:42:43,280 the winner was in the cash tokens telegram group. 576 00:42:43,280 --> 00:42:44,280 And it was a bit of a sort of... 577 00:42:44,280 --> 00:42:51,440 They was working together with separate people to come to guess what the Fiendish token represents. 578 00:42:51,440 --> 00:42:59,200 And the winner actually decided to share the winnings with three other people. 579 00:42:59,200 --> 00:43:00,800 Jeremy was one of those people. 580 00:43:00,800 --> 00:43:03,280 And this is what I love about the Bitcoin Cash community. 581 00:43:03,280 --> 00:43:08,800 This sort of camaraderie and friendliness is something you wouldn't see in many places 582 00:43:08,800 --> 00:43:12,040 in the world, let alone in the crypto space. 583 00:43:12,040 --> 00:43:17,120 And it speaks very highly of the kind of people that we're building a wonderful ecosystem 584 00:43:17,120 --> 00:43:19,620 with. 585 00:43:19,620 --> 00:43:24,620 So there's 12 tokens that have been given out or will be given out today. 586 00:43:24,620 --> 00:43:29,880 And all that we ask at Team Fiendish is the feedback is for the next Fiendish and Friends 587 00:43:29,880 --> 00:43:37,680 to happen next Friday at eight o'clock Central European Time, just one Fiendish token needs 588 00:43:37,680 --> 00:43:40,360 to be sent to the Fiendish wallet. 589 00:43:40,360 --> 00:43:45,200 Just one that is representative of roughly about one euro needs to be sent. 590 00:43:45,200 --> 00:43:46,800 And if you haven't got any... 591 00:43:46,800 --> 00:43:49,040 I'm not accepting Bitcoin Cash. 592 00:43:49,040 --> 00:43:54,240 Just send me that one token because the spirit is to go and figure out how to buy it, figure 593 00:43:54,240 --> 00:43:59,900 out how to generate maybe your own mean coins and to send this to generate some more transactions 594 00:43:59,900 --> 00:44:03,120 and interest around this ecosystem. 595 00:44:03,120 --> 00:44:08,600 And this one minute will then give an entire hour of Fiendish goodness, which will hopefully 596 00:44:08,600 --> 00:44:13,600 show us a good value for someone, at least one person out there that can agree with this. 597 00:44:13,600 --> 00:44:19,520 So my token address has been shared on Twitter. 598 00:44:19,520 --> 00:44:21,400 Lastly, just a final thing. 599 00:44:21,400 --> 00:44:24,600 And then I want to come to the Mean Token Competition. 600 00:44:24,600 --> 00:44:28,880 There are five Fiendish and Friends NFTs available to commemorate the first ever Fiendish and 601 00:44:28,880 --> 00:44:29,880 Friends episode. 602 00:44:29,880 --> 00:44:32,600 And this is where we can see the benefit of the Fiendish token. 603 00:44:32,600 --> 00:44:36,800 So the price of one NFT, and you can go on the Twitter to see how that looks like, is 604 00:44:36,800 --> 00:44:41,040 0.05 BCH. 605 00:44:41,040 --> 00:44:45,000 And here's the best part, it only costs five Fiendish tokens, which is currently valued 606 00:44:45,000 --> 00:44:47,940 at roughly 0.016 BCH. 607 00:44:47,940 --> 00:44:51,440 So if you want to see the advantage of the token, go and use that. 608 00:44:51,440 --> 00:44:52,680 You could just send BCH, that's fine. 609 00:44:52,680 --> 00:44:56,640 But if you go and put in that little bit of extra effort to figure out this wonderful 610 00:44:56,640 --> 00:45:01,600 ecosystem, you get a pretty decent reduction there and get to hold something to commemorate 611 00:45:01,600 --> 00:45:04,280 this wonderful day. 612 00:45:04,280 --> 00:45:09,260 And on that note, talking about tokens, the mean coins, I'd like to pass it on to Jeremy 613 00:45:09,260 --> 00:45:15,320 from Bitcoin Cash Podcast to talk about the current BCH meme competition that he and Luke 614 00:45:15,320 --> 00:45:18,200 Pryor are running, Meme Master. 615 00:45:18,200 --> 00:45:21,640 Yes, so we're running a meme coins competition. 616 00:45:21,640 --> 00:45:27,560 If you go on my Twitter profile right now, there's a link to a Google document with all 617 00:45:27,560 --> 00:45:29,840 rules and all everything that's in there. 618 00:45:29,840 --> 00:45:32,000 So you can see that you can win. 619 00:45:32,000 --> 00:45:38,000 I think we've got two BCHs total in prizes right now, but there's also extra, Mini Satoshi 620 00:45:38,000 --> 00:45:39,840 has pledged an extra half a BCH. 621 00:45:39,840 --> 00:45:44,840 So I think we've got two and a half BCHs up for grabs, which you could get literally just 622 00:45:44,840 --> 00:45:48,520 by spending 10 minutes and making a meme coin. 623 00:45:48,520 --> 00:45:54,160 Although the competition is now starting to heat up, in earnest, we've already had a couple 624 00:45:54,160 --> 00:45:59,080 people make account, make meme coins, but then they started building an ecosystem as 625 00:45:59,080 --> 00:46:00,080 well too. 626 00:46:00,080 --> 00:46:05,160 So there's been the Smile token, which has created a Twitter account. 627 00:46:05,160 --> 00:46:06,760 They started creating some pipe. 628 00:46:06,760 --> 00:46:11,760 I don't know if Fiendish is going to be entering with his Fiendish tokens, but this is some 629 00:46:11,760 --> 00:46:17,320 innovation that I've actually never seen before in terms of pegging a token to your own time. 630 00:46:17,320 --> 00:46:19,280 What a fascinating concept. 631 00:46:19,280 --> 00:46:22,240 So that's the launch of Fiendish and Friends as well. 632 00:46:22,240 --> 00:46:27,480 This whole project is very impressive so far. 633 00:46:27,480 --> 00:46:29,960 Yeah, and this is the interesting thing. 634 00:46:29,960 --> 00:46:31,880 So it's a little bit of a thing there. 635 00:46:31,880 --> 00:46:34,520 So people would think like, Jeremy's right. 636 00:46:34,520 --> 00:46:36,280 It's very low effort to create a meme coin. 637 00:46:36,280 --> 00:46:42,800 You can use ChatGPT or other AI tools to generate images that look pretty good. 638 00:46:42,800 --> 00:46:43,800 There's no doubt that. 639 00:46:43,800 --> 00:46:44,800 And it's all very quick. 640 00:46:44,800 --> 00:46:50,440 But then the time that's actually required to build that out is quite considerable. 641 00:46:50,440 --> 00:46:53,600 So just a little note there, and this is just about the tooling. 642 00:46:53,600 --> 00:47:01,480 So I did a promotion to everyone gets 1,000 Fiendish emeralds that retweets likes the 643 00:47:01,480 --> 00:47:05,960 Fiendish and Friends post to try and generate a bit more hype around this episode and get 644 00:47:05,960 --> 00:47:07,920 more people to come here. 645 00:47:07,920 --> 00:47:12,400 The problem is, I think there's about 300 or 400 people that have done this. 646 00:47:12,400 --> 00:47:13,560 I can't do that. 647 00:47:13,560 --> 00:47:19,000 I was there for about two hours messaging people, giving them all the Fiendish. 648 00:47:19,000 --> 00:47:24,120 And I want to give every single person some Fiendish emeralds. 649 00:47:24,120 --> 00:47:25,120 But this is a real challenge. 650 00:47:25,120 --> 00:47:26,640 This is quite a time commitment. 651 00:47:26,640 --> 00:47:29,640 So yeah, just be aware of that. 652 00:47:29,640 --> 00:47:32,840 When you want to get involved, if you really want to try and flesh something out, it's 653 00:47:32,840 --> 00:47:33,840 a lot of fun. 654 00:47:33,840 --> 00:47:38,520 You can have a wicked time, but it's a time investment. 655 00:47:38,520 --> 00:47:39,520 Yeah. 656 00:47:39,520 --> 00:47:44,320 And I think that's what we wanted to encourage in the ecosystem, right? 657 00:47:44,320 --> 00:47:49,400 On one hand, crypto has this bipolar element where on one hand, a lot of money and a lot 658 00:47:49,400 --> 00:47:54,440 of traction, a lot of excitement comes from meme coins, from people creating things that 659 00:47:54,440 --> 00:47:55,440 are just fun. 660 00:47:55,440 --> 00:48:01,280 It gives people an opportunity to try crypto in a low stress, kind of approachable way. 661 00:48:01,280 --> 00:48:07,440 It adds users to decentralized exchanges like Holdren and to wallets. 662 00:48:07,440 --> 00:48:09,480 And then that helps to drive the tooling. 663 00:48:09,480 --> 00:48:14,520 So then people build things like cash token studio and all that is super, super important. 664 00:48:14,520 --> 00:48:17,960 But then also at the same time, obviously, some people just launch it. 665 00:48:17,960 --> 00:48:20,940 They try and dump as much of it as they can. 666 00:48:20,940 --> 00:48:23,840 And then they just leave it and they never look at it again, right? 667 00:48:23,840 --> 00:48:28,760 So crypto users and the Bitcoin Cash community needs to be very aware of this dynamic, I 668 00:48:28,760 --> 00:48:29,760 think. 669 00:48:29,760 --> 00:48:37,280 They need to be trying to use the positive aspects of this whole frenzy over meme coins, 670 00:48:37,280 --> 00:48:42,080 in our case, with cash tokens to build kind of cool and exciting things. 671 00:48:42,080 --> 00:48:47,040 But at the same time, being very aware that you're not really promised everything at the 672 00:48:47,040 --> 00:48:48,040 end of the day. 673 00:48:48,040 --> 00:48:51,520 And certainly, there will be some people who will come in and basically just try and run 674 00:48:51,520 --> 00:48:52,520 a scan. 675 00:48:52,520 --> 00:48:57,400 So it's actually kind of an educational opportunity, I think, for the community to get better about 676 00:48:57,400 --> 00:49:03,880 realizing what meme coins have actually created value and which serious participants in the 677 00:49:03,880 --> 00:49:06,160 ecosystem will actually go out of there. 678 00:49:06,160 --> 00:49:11,000 Like you have, for instance, been to have a long track record in the community, your 679 00:49:11,000 --> 00:49:14,120 first time running Twitter spaces. 680 00:49:14,120 --> 00:49:18,960 And if you say that you're going to accept 60 finish tokens for an hour of your time, 681 00:49:18,960 --> 00:49:20,720 I completely believe that. 682 00:49:20,720 --> 00:49:23,360 But somebody else might come in and do the same thing. 683 00:49:23,360 --> 00:49:28,000 I think it's just nobody has ever heard of who hasn't been on the podcast years ago. 684 00:49:28,000 --> 00:49:30,040 And so then people need to get better at that. 685 00:49:30,040 --> 00:49:31,040 Yeah, I hope they do too. 686 00:49:31,040 --> 00:49:35,560 But they're going to have to earn that credibility to make it worth anyone's time to invest, 687 00:49:35,560 --> 00:49:36,560 right? 688 00:49:36,560 --> 00:49:37,560 Yeah, exactly. 689 00:49:37,560 --> 00:49:39,160 And that's what needs to happen. 690 00:49:39,160 --> 00:49:42,400 But I really hope people take that idea and grow on it. 691 00:49:42,400 --> 00:49:46,760 If you can think of a better idea that builds on that, please do. 692 00:49:46,760 --> 00:49:53,320 Because it's like everyone here that's speaking, of course, we're all so excited by the destination 693 00:49:53,320 --> 00:49:54,320 token. 694 00:49:54,320 --> 00:49:58,880 And so anything that sort of encourages the usage around Bitcoin Cash, even if it's fun 695 00:49:58,880 --> 00:50:03,480 and games, whatever it is, and if it's mean coins, then that's great. 696 00:50:03,480 --> 00:50:08,400 And I think what I would love to see with coins is linking them as much as possible 697 00:50:08,400 --> 00:50:12,720 to some kind of a utility, some kind of a function, whether it's fewer coins that you 698 00:50:12,720 --> 00:50:17,960 can be using for placing wages or whether it's the finish token that you can be using 699 00:50:17,960 --> 00:50:23,600 against someone's time or as a marker of how that ecosystem is growing. 700 00:50:23,600 --> 00:50:26,360 Or you've got the Finnish Emerald and there's a reminder for everyone out there, there's 701 00:50:26,360 --> 00:50:27,760 a trillion of them, right? 702 00:50:27,760 --> 00:50:30,760 There's a trillion. 703 00:50:30,760 --> 00:50:33,320 And I'm the one that's holding the purse. 704 00:50:33,320 --> 00:50:38,080 So just be, of course, just think about that. 705 00:50:38,080 --> 00:50:41,560 When using these coins, is it fun? 706 00:50:41,560 --> 00:50:45,120 And if you've got some ideas that can have some utility, then it can attract you to invest 707 00:50:45,120 --> 00:50:50,760 more of your time into that token to increase its value because you're increasing some utility, 708 00:50:50,760 --> 00:50:55,200 some actual benefit that someone can experience through using that. 709 00:50:55,200 --> 00:50:59,960 That will all help Bitcoin Cash's success. 710 00:50:59,960 --> 00:51:00,960 And it will be a lot of fun. 711 00:51:00,960 --> 00:51:02,520 This thing is the most important thing, right? 712 00:51:02,520 --> 00:51:04,520 It's going to be a lot of fun doing so. 713 00:51:04,520 --> 00:51:10,200 So I really hope that we get lots of people entering that competition. 714 00:51:10,200 --> 00:51:16,120 And yeah, I'm still thinking about whether to enter it and what to do with that money, 715 00:51:16,120 --> 00:51:21,680 if it was to be won, because for me that BCH, I really see it as a nice, something to invest 716 00:51:21,680 --> 00:51:23,480 into the community. 717 00:51:23,480 --> 00:51:28,240 So I wouldn't want to detract from the chance of anyone else winning because there's still 718 00:51:28,240 --> 00:51:30,000 what, two weeks? 719 00:51:30,000 --> 00:51:31,000 Two weeks left. 720 00:51:31,000 --> 00:51:38,560 And I'd love to see as many people as possible enter so that we can start seeing some interesting 721 00:51:38,560 --> 00:51:44,520 fruitful ideas. 722 00:51:44,520 --> 00:51:49,800 You know, I hope this creates a trend for other people to follow. 723 00:51:49,800 --> 00:52:00,680 Like I really like the idea that you are tying up this token to your time and to you basically. 724 00:52:00,680 --> 00:52:07,880 This would be a good idea for some celebrities out there who can probably tie up the token 725 00:52:07,880 --> 00:52:18,760 with their time or their talent or whatever they can offer, hope on or not. 726 00:52:18,760 --> 00:52:29,320 I think it's a good pattern and I hope somebody invests time to like create some offering 727 00:52:29,320 --> 00:52:33,640 on what they can do with any amount of token that other people buy. 728 00:52:33,640 --> 00:52:36,880 Yeah, it's a good idea. 729 00:52:36,880 --> 00:52:41,520 What I love about this idea, I think there was a tennis player that was in the Bitcoin 730 00:52:41,520 --> 00:52:44,800 Cash community, but unfortunately I think she left. 731 00:52:44,800 --> 00:52:47,560 She also had something similar where you could invest into her. 732 00:52:47,560 --> 00:52:52,360 And what I love is the idea of if you think of people as businesses, the idea that you 733 00:52:52,360 --> 00:52:57,320 invest into someone and so you get to help them achieve success, but the success also 734 00:52:57,320 --> 00:53:02,320 helps you with your finance, being paid like a share or something. 735 00:53:02,320 --> 00:53:06,920 There's the idea behind that, it's like really going with the extreme capitalist ideas. 736 00:53:06,920 --> 00:53:11,720 All of a sudden, if you've got people investing into you to succeed, then you've got an even 737 00:53:11,720 --> 00:53:18,560 bigger reason to succeed because you put in the money, you get more investments and then 738 00:53:18,560 --> 00:53:20,920 you can achieve greater things. 739 00:53:20,920 --> 00:53:24,160 And having a token that's linked or having something that's linked to your performance, 740 00:53:24,160 --> 00:53:29,360 I like this idea, if it can be done correctly, to incentivize people to do their best because 741 00:53:29,360 --> 00:53:33,560 I do believe that every human on this planet has the ability to do amazing things, but 742 00:53:33,560 --> 00:53:39,560 unfortunately most of us don't because there's TV and there's work and there's whatever. 743 00:53:39,560 --> 00:53:43,040 So I think there's some interesting concepts there to be explored. 744 00:53:43,040 --> 00:53:47,120 And I would just see this as another very small step towards something that will be 745 00:53:47,120 --> 00:53:49,360 game changing on Bitcoin Cash. 746 00:53:49,360 --> 00:53:51,320 Yeah, it's a fascinating concept. 747 00:53:51,320 --> 00:53:56,160 I'm really, well, firstly, I'm going to say right now, I'm going to go and pick up a couple 748 00:53:56,160 --> 00:53:59,680 hundred of these FAMD tokens, I haven't even called them yet. 749 00:53:59,680 --> 00:54:02,920 But then buy them directly because I also learned about DEX, like the liquidity, I didn't 750 00:54:02,920 --> 00:54:04,640 want the price to be fluctuating so much. 751 00:54:04,640 --> 00:54:06,640 I wanted it to be quite stable. 752 00:54:06,640 --> 00:54:07,640 Why would you want it to be stable? 753 00:54:07,640 --> 00:54:08,640 No, you don't want it to be stable. 754 00:54:08,640 --> 00:54:09,640 You need to listen on that. 755 00:54:09,640 --> 00:54:10,640 No, it's not completely stable. 756 00:54:10,640 --> 00:54:11,640 It was just going crazy. 757 00:54:11,640 --> 00:54:12,640 It was like doubling, and it's like, okay. 758 00:54:12,640 --> 00:54:17,640 But yeah, I mean, you buy what you want, but you know, yeah. 759 00:54:17,640 --> 00:54:25,640 No, this is good because this is such a fascinating idea because you've now created a token that 760 00:54:25,640 --> 00:54:30,960 created an open market of the value of your time for consulting, right? 761 00:54:30,960 --> 00:54:38,280 So whatever supply you put on the DEX, people can then speculate on and then as more people 762 00:54:38,280 --> 00:54:41,200 want some of that time, the price of your consulting goes up. 763 00:54:41,200 --> 00:54:45,600 But if you get in early, then you can just, you know, I don't need an hour of your time 764 00:54:45,600 --> 00:54:50,160 today, but maybe, you know, I want to have a couple of hours in the bank for if I have 765 00:54:50,160 --> 00:54:53,680 a big project, I want to get you involved in in the future. 766 00:54:53,680 --> 00:54:54,680 Definitely I want to get some of that. 767 00:54:54,680 --> 00:54:56,760 I think you want it to be volatile. 768 00:54:56,760 --> 00:55:02,320 As the price goes up, then you're essentially being rewarded for becoming a more valuable 769 00:55:02,320 --> 00:55:03,320 consultant. 770 00:55:03,320 --> 00:55:09,240 And you can, as long as you're not over, you know, reducing the supply too much, you can 771 00:55:09,240 --> 00:55:13,920 release new supply, which gets you paid, which then means you can do more in the ecosystem. 772 00:55:13,920 --> 00:55:14,920 It's amazing. 773 00:55:14,920 --> 00:55:15,920 Yes. 774 00:55:15,920 --> 00:55:18,120 And this is exactly, but this is exactly the conundrum that I'm working out is the right 775 00:55:18,120 --> 00:55:24,240 balance is making sure because what I want is people to use those tokens. 776 00:55:24,240 --> 00:55:28,360 And so if there's too much supply, I don't know when they will use them and how they'll 777 00:55:28,360 --> 00:55:29,400 use them. 778 00:55:29,400 --> 00:55:33,320 And then they could negatively impact the price to a point where it drops, you know, 779 00:55:33,320 --> 00:55:34,320 it could be crash. 780 00:55:34,320 --> 00:55:37,700 And this is this is finding, you know, the economics behind it to ensure that that floor 781 00:55:37,700 --> 00:55:41,600 price is is sort of there. 782 00:55:41,600 --> 00:55:43,800 But but yeah, I like your thinking. 783 00:55:43,800 --> 00:55:45,520 I think that it's absolutely correct. 784 00:55:45,520 --> 00:55:48,520 And is the thing I want to I would rather do it slowly just to ensure basically try 785 00:55:48,520 --> 00:55:56,760 and get the ecosystem going and making sure that, yeah, that nothing crazy happens because 786 00:55:56,760 --> 00:56:01,160 I want people to get real value out of this, have a farm of this and to get access to my 787 00:56:01,160 --> 00:56:06,320 consulting, my abilities within the space and also what I can bring to the table from 788 00:56:06,320 --> 00:56:10,320 my day to day life, which is probably slightly more as well. 789 00:56:10,320 --> 00:56:16,400 I mean, I'm really tempted to do I'm really tempted to do this as well now, because then 790 00:56:16,400 --> 00:56:21,720 if I do it as well and you do it as well, too, well, now we have a fluctuating market, 791 00:56:21,720 --> 00:56:25,840 you know, between the between the two and you could have the different consultants could 792 00:56:25,840 --> 00:56:26,840 all be there. 793 00:56:26,840 --> 00:56:32,120 And so like with my tokens, it could be a certain amount is one one minute of my time 794 00:56:32,120 --> 00:56:33,120 per token. 795 00:56:33,120 --> 00:56:39,440 But if you get 100 or 1000 tokens, maybe you can just buy a slot on the BTA podcast. 796 00:56:39,440 --> 00:56:43,720 But it would have to be like a very high amount because I don't just want to be putting on 797 00:56:43,720 --> 00:56:45,760 any shillings for ads or whatever. 798 00:56:45,760 --> 00:56:50,720 The point would be if you were serious enough about it and you pump the price, which pumps 799 00:56:50,720 --> 00:56:55,960 the value of my time, making it worthwhile for me to access this opportunity, then you 800 00:56:55,960 --> 00:56:57,720 can have that as well, too. 801 00:56:57,720 --> 00:56:58,720 What a concept. 802 00:56:58,720 --> 00:56:59,720 That's great. 803 00:56:59,720 --> 00:57:01,560 I'd love to see this. 804 00:57:01,560 --> 00:57:05,920 And, you know, I really think the more more people that enter these sort of ideas, the 805 00:57:05,920 --> 00:57:10,360 more we can test them out, grow on them, make it better. 806 00:57:10,360 --> 00:57:13,840 And it always inspires right every time we see someone doing something, it inspires us 807 00:57:13,840 --> 00:57:18,080 to just to do that one percent better than them to have that edge. 808 00:57:18,080 --> 00:57:20,640 And that's how we move the whole thing forward. 809 00:57:20,640 --> 00:57:25,080 And so, yeah, really looking forward to seeing that, Jeremy, then we can start swapping tokens 810 00:57:25,080 --> 00:57:28,080 spending time with you. 811 00:57:28,080 --> 00:57:30,080 That's right. 812 00:57:30,080 --> 00:57:31,080 Exactly. 813 00:57:31,080 --> 00:57:34,080 I'm making two more tokens now. 814 00:57:34,080 --> 00:57:36,080 Yes, here we go. 815 00:57:36,080 --> 00:57:39,080 We're going to have to talk to Cauldron. 816 00:57:39,080 --> 00:57:42,080 We're going to have to get them a new category. 817 00:57:42,080 --> 00:57:48,480 They could put up there could be BCH ecosystem, you know, consulting time. 818 00:57:48,480 --> 00:57:54,000 And you can just go on there and buy whatever the contacts you need. 819 00:57:54,000 --> 00:57:55,000 It's brilliant. 820 00:57:55,000 --> 00:57:57,640 And also, but yeah, do you think because it's linked, it's not just linked to the time, 821 00:57:57,640 --> 00:58:02,560 the time is the thing that should be the base, but it's linked, you know, that you can get 822 00:58:02,560 --> 00:58:08,520 the more the more things that improve that ecosystem they are in such as the whole Bitcoin 823 00:58:08,520 --> 00:58:14,320 Cash podcast, the more valuable that scene, as you say, with promotion or anything like 824 00:58:14,320 --> 00:58:20,760 that, the more the more value that the Bitcoin Cash has, the more value that token will tend 825 00:58:20,760 --> 00:58:29,440 to have, you know, just as pure logical perspective, which then incentivize you to do even more 826 00:58:29,440 --> 00:58:34,560 for growing your ecosystem, which is all leads to more benefits to Bitcoin Cash. 827 00:58:34,560 --> 00:58:38,920 Like this is for me, I see it as a win win. And I'm looking forward to seeing that put 828 00:58:38,920 --> 00:58:39,920 into fruition. 829 00:58:39,920 --> 00:58:42,520 That is a fascinating concept. 830 00:58:42,520 --> 00:58:46,240 So the idea will be, I mean, I haven't checked what you've written up about it, but I guess 831 00:58:46,240 --> 00:58:51,320 the idea is if I am buying an hour of your time with 60 fiendish tokens that I've got, 832 00:58:51,320 --> 00:58:55,800 however I've got them, then I then I essentially need to send them to you. 833 00:58:55,800 --> 00:58:58,000 But you would then burn them, right? 834 00:58:58,000 --> 00:58:59,560 Because then that's gone. 835 00:58:59,560 --> 00:59:05,560 So it's not like, you know, the supply has to be dropping in accordance with your available 836 00:59:05,560 --> 00:59:06,560 time as well. 837 00:59:06,560 --> 00:59:07,560 So that's right. 838 00:59:07,560 --> 00:59:08,560 Exactly. 839 00:59:08,560 --> 00:59:09,560 You got it. 840 00:59:09,560 --> 00:59:10,560 Yeah, I love it. 841 00:59:10,560 --> 00:59:11,560 I love it. 842 00:59:11,560 --> 00:59:12,560 Okay. 843 00:59:12,560 --> 00:59:13,560 I'm going to have to think about this. 844 00:59:13,560 --> 00:59:16,440 This is a great concept, I think. 845 00:59:16,440 --> 00:59:21,880 And I already love the idea on Cauldron or on token and you can see a list of like the 846 00:59:21,880 --> 00:59:24,560 top because we actually considered doing this. 847 00:59:24,560 --> 00:59:26,440 It's funny how these ideas recirculate. 848 00:59:26,440 --> 00:59:32,040 You know, we considered almost doing this like a year ago or something like that. 849 00:59:32,040 --> 00:59:37,880 And there was a point where we were going to make all the little BTC influences into 850 00:59:37,880 --> 00:59:43,920 meme coins with cash tokens and then people could acquire them if they got them to respond 851 00:59:43,920 --> 00:59:45,480 on Twitter or something like that. 852 00:59:45,480 --> 00:59:50,560 We're finding some way to tokenize creating engagement with them and then also just to 853 00:59:50,560 --> 00:59:52,560 get their attention because they'd be like, what is this? 854 00:59:52,560 --> 00:59:54,360 But it's much better if we do it for ourselves. 855 00:59:54,360 --> 00:59:56,720 Never mind, they're on their shitty technology. 856 00:59:56,720 --> 00:59:58,720 I love this idea of the BCH community. 857 00:59:58,720 --> 01:00:03,440 Like you said, as the BCH community grows, the people who are already in it, who are 858 01:00:03,440 --> 01:00:08,400 already on that leaderboard will then have their values go up because they'll be the 859 01:00:08,400 --> 01:00:10,720 ones who are already first onto that infrastructure. 860 01:00:10,720 --> 01:00:11,720 So it's amazing. 861 01:00:11,720 --> 01:00:12,720 Exactly. 862 01:00:12,720 --> 01:00:13,720 There we go. 863 01:00:13,720 --> 01:00:19,200 So yeah, head on over to Cauldron and find soon the Bitcoin Cash podcasts token. 864 01:00:19,200 --> 01:00:21,120 You can also go on there and be wary, guys. 865 01:00:21,120 --> 01:00:23,480 There are two tokens, just so you're aware. 866 01:00:23,480 --> 01:00:28,800 It's the fiendish token, a fiendish token with the little and it shows on their fiendish 867 01:00:28,800 --> 01:00:29,800 through the words. 868 01:00:29,800 --> 01:00:33,800 That is the token that is linked to my time. 869 01:00:33,800 --> 01:00:40,240 That is the token that is fundamentally linked to the ecosystem of fiendish and friends. 870 01:00:40,240 --> 01:00:44,120 And that's the one that you will want to buy, Jeremy. 871 01:00:44,120 --> 01:00:49,720 The other token, the Emerald token with the Bitcoin sort of coin, the imaginary Emerald 872 01:00:49,720 --> 01:00:52,240 Bitcoin Cash coin. 873 01:00:52,240 --> 01:00:55,640 This will be linked into fun and games and all things that we can do. 874 01:00:55,640 --> 01:00:58,480 But it's not, you know, you can't cash it in for my time. 875 01:00:58,480 --> 01:01:01,080 Sorry, there's a trillion of them and I don't have a trillion minutes. 876 01:01:01,080 --> 01:01:04,200 I don't think that would be reasonable. 877 01:01:04,200 --> 01:01:07,360 So yeah, I'm really looking forward to seeing what you do there, Jeremy. 878 01:01:07,360 --> 01:01:11,920 And I'm really happy to hear that you're inspired by the idea because that already means that 879 01:01:11,920 --> 01:01:13,800 the time that I spent into it was worth it. 880 01:01:13,800 --> 01:01:15,800 And I really mean that. 881 01:01:15,800 --> 01:01:17,800 Yeah, brilliant. 882 01:01:17,800 --> 01:01:19,800 Love it. 883 01:01:19,800 --> 01:01:21,800 Love it. 884 01:01:21,800 --> 01:01:22,800 Great. 885 01:01:22,800 --> 01:01:23,800 All right. 886 01:01:23,800 --> 01:01:26,520 So, Jomar, thanks again for your time. 887 01:01:26,520 --> 01:01:28,080 It's been wonderful to have you here. 888 01:01:28,080 --> 01:01:35,280 And I'm sure we'll be in contact over the coming days and weeks because I'm very interested 889 01:01:35,280 --> 01:01:37,840 in everything that your team are doing and what you're building. 890 01:01:37,840 --> 01:01:43,440 Jeremy, it's great to hear from you and thank you again for your meme coin competition. 891 01:01:43,440 --> 01:01:50,400 I think this is a great way of getting people interested into creating memes, meme coins 892 01:01:50,400 --> 01:01:52,120 and learning the ecosystem. 893 01:01:52,120 --> 01:01:55,640 So please start doing that if you haven't already and join in the fun. 894 01:01:55,640 --> 01:02:00,080 The time that was coming to end of Phoenix and Friends, the idea is to have just an hour, 895 01:02:00,080 --> 01:02:01,400 it's every week one hour. 896 01:02:01,400 --> 01:02:04,360 So it's tighter, so it's more interesting, more informative. 897 01:02:04,360 --> 01:02:09,640 And for people that are outside of the network, it's not too long winded so they can just 898 01:02:09,640 --> 01:02:13,440 get their small dose of, okay, what's going on in this amazing community. 899 01:02:13,440 --> 01:02:18,080 Thanks again to everyone who's spoken of the shame that Jason wasn't here. 900 01:02:18,080 --> 01:02:19,080 But man, whatever. 901 01:02:19,080 --> 01:02:20,080 I love you. 902 01:02:20,080 --> 01:02:24,520 Thank you for all your work with the development of Bitcoin Cash. 903 01:02:24,520 --> 01:02:26,960 One last thing before we wrap up. 904 01:02:26,960 --> 01:02:32,240 I've got an announcement will be coming out probably in about four or five hours. 905 01:02:32,240 --> 01:02:35,520 So everyone can look out for that exciting BCH announcement. 906 01:02:35,520 --> 01:02:39,760 Oh, we announced here, but four or five hours, you'll be able to see the full thing. 907 01:02:39,760 --> 01:02:40,760 All right. 908 01:02:40,760 --> 01:02:41,760 Oh, exciting. 909 01:02:41,760 --> 01:02:42,760 Okay, listen to that. 910 01:02:42,760 --> 01:02:44,600 It's hot off the press. 911 01:02:44,600 --> 01:02:49,560 So a reminder, if you enjoyed the show and want to show your appreciation, please feel 912 01:02:49,560 --> 01:02:51,440 free to drop me a Fiendish token. 913 01:02:51,440 --> 01:02:57,600 My cash token address will be on my, or is actually already on my ex profile. 914 01:02:57,600 --> 01:03:01,520 And you could also pick up one of the five Fiendish and Friends NFTs available. 915 01:03:01,520 --> 01:03:07,320 So there'll only be five and you can pay for that with the Fiendish token for that discount. 916 01:03:07,320 --> 01:03:11,920 But one Fiendish token is all that's required and I'll see you next week. 917 01:03:11,920 --> 01:03:16,800 Don't forget to follow Jeremy, to follow Jomar, to follow basically anyone you can in Bitcoin 918 01:03:16,800 --> 01:03:20,360 Cash Basis, help each other rise in this system. 919 01:03:20,360 --> 01:03:24,160 And if you want to keep up to date with the latest Bitcoin Cash news, that's pretty important. 920 01:03:24,160 --> 01:03:31,400 This was Fiendish and Friends and I wish you all a very good morning, a good day and good 921 01:03:31,400 --> 01:03:32,400 night. 922 01:03:32,400 --> 01:03:33,400 Take care. 923 01:03:33,400 --> 01:03:34,400 Bye. 924 01:03:34,400 --> 01:03:48,640 others, bye my friends.