BTC Sessions - WHY ARE WE BULLISH? Bitcoin Bekka from Meme Factory, Mark Mulvey of Zebedee, P from Bitcoin Magazine ep258
Episode Date: May 21, 2022FOLLOW TODAY’S PANELISTS: https://twitter.com/GVictoriaB https://twitter.com/MarkMulvey https://twitter.com/GhostOfBekka 💪 SUPPORT THE SHOW: Shakepay is the easiest way to buy Bitcoin in Canada S...ign up now and get $30 free after your first $100 purchase! https://shakepay.me/r/BTCSESSIONS LEDN Bitcoin backed loans – get $10 free with a savings balance of $75 or more for 15 consecutive days! https://start.ledn.io/btcsessions Keystone Wallet: secure your Bitcoin! http://bit.ly/KeyStoneSessions BillFodl: get your wallet backups in solid steel. https://privacypros.io/btcsessions Bitrefill: use Bitcoin to purchase gift cards, earn sats back while you shop. https://www.bitrefill.com/buy/?code=O04UMic9 BITCOIN tips: https://strike.me/btcsessions
Transcript
Discussion (0)
We almost needed a second countdown there.
Anyways, welcome to the show, everybody.
Happy Friday.
Another Friday, another episode of Why Are We Bullish?
We've got all new guests this week.
I was mistaken.
I thought P had been on before, but no, he's a virgin to the show, as are the rest of the panel.
We'll see what we can do about that.
So very excited to have everybody on.
We are going to, again, enlighten you guys on what has us bullish.
Also curious to hear what has you bullish. So keep them coming in the comments as we go. Of course, this is live
Anything can happen so I defer to my friend Bill here.
We'll do it live. Okay
We'll do it live
Do it live! I can write it and we'll do it live
The fucking thing sucks!
If you have not already, like, subscribe, share, all those things super important and they do help get the show in front of more eyeballs
I am Ben with the BTC sessions.
This is your daily session.
Before we bring in our guests, let's take a look at where we are in the market right now.
This is the Bitbow.com.
We're sitting at $29,240 per coin.
A single U.S. dollar will pick you up 3,420 sets.
Nice.
90 point, wow, what are the odds?
90.69% of all Bitcoin have been mined. Nice.
And in terms of fees, 19 sats per byte for the next block.
So, you know, maybe hold off and opening off some lightning channels.
But if you're actually, if you wait a little bit, an hour, one sat per byte should do you.
So again, continued volatility in the mempool.
People dumping lots of transactions intermittently.
So just keep an eye on it.
And, you know, maybe set those fees lower if you need it.
use RBF, whatever tickles your fancy.
Shout out to sponsors of the show, ShakePay.com.
If you're in Canada, super easy way to stack Sats.
E-transfers in and out, no deposit or withdrawal fees.
They cover the minor fee, all of that, thin spread.
And if you use the link down below and sign up, purchase your first $100 with Bitcoin,
they will give you $30 for free.
Get the exact same deal when you refer friends and family.
And then you can shake your phone every single day for free Sats.
They also have a Satsback Visa card.
So check them out.
Lendon.io, you can use for a ton of different services.
For myself, this tends to be a tool if I'm in a pinch that's like a cash flow issue and I need dollars,
but I don't want to sell my Bitcoin.
Well, I can deposit here, get a loan of dollars within 24 hours, automatically approved.
And as soon as I pay back those dollars, I get back the same amount of Bitcoin.
So that's been a super useful thing for me.
They also have savings accounts for Bitcoin USDC.
They've got their B2X offering for you Megabbles.
And for those of you in Canada, right now in Ontario, but soon to be cross Canada, they're getting into Bitcoin-backed mortgages.
So that might be of use to, I think, a number of people.
I'm sure a few of you, your interest is peaked.
And they will be rolling out eventually to some select states in the U.S. as well.
So keep your eyes peeled for that.
And link are down below, by the way.
If you sign up with that link, again, $10 for free if you fund your account.
Bitrefill.com, you can buy a ton of different gift cards with Bitcoin, of course, on chain and lightning.
And you earn sats back as you shop.
You can earn more sats back with their referral program.
And they just rolled out bill payments in the U.S.
So if you're in the U.S.
And you're looking to start living on that Bitcoin standard, here you go.
There's a way to do it.
Keystone, one of my favorite most used hardware wallets, 100% air gaped, never plug it into anything internet connected.
It's all done via QR code.
It just keeps the keys to your money safe and away from internet connection.
Definitely upgrade to Bitcoin-only firmware and awesome in a multi-sig for sure.
It works great with Blue Wallet, Sparrow, Spectre, the gamut.
Check it out.
And get your seeds in solid steel, folks.
Paper doesn't cut it.
Bill Fottle over at PrivacyPros.com.
Has you covered.
This is how I back up my important Bitcoin wallets.
You know, fire damage, water damage.
You don't want to have to deal with that crap.
So with that, I'm going to stop my rambling.
and I'm going to start bringing in my friends here.
We got Becca.
We got P.
We got Mark.
Welcome, everybody.
Welcome to the show.
Let's do a quick round of intros.
And we'll just let people know who you are and what you do.
So Becca, you're up first.
Let people know who you are, what you do.
Hi.
Hi, guys.
Ben, thanks for having me on.
I'm Becca.
And, yeah, I'm the head sandwich maker at the meme factory currently.
and along with sandwiches, I'm making some memes, some silly posts, and, you know, I'm just out there trying to give the plugs a laugh, pretty much.
Awesome.
Well, I've yet to experience a Becca sandwich, but maybe one day I shall.
Maybe we'll make one on this show.
Who knows?
That's a great idea.
You are a show virgin, so we can fix that with a sandwich, I think.
And so let's keep the rotation going.
Mark, let people know who you are, what you do.
Yeah, my name's Mark. I am a director of marketing at Zebedee. Zebedee puts Bitcoin in games.
So our sandwich is, it's like an open face sandwich of, it's like Bitcoin on game spread.
I love that's the sandwich I can offer.
We've already started off strong here. I'm enjoying this.
Zebedee is awesome. I've got to say, I played around with it.
You guys, I did a video on lightning addresses using your wallet.
I've done playing around with a bunch of there's like an in browser wallet that you can load and link it with your mobile and everything.
Pretty useful.
Pretty awesome.
So cheers to you guys for what you're building.
And I love to you.
Well, yeah, cheers, man.
And I like that you're focusing niche too, like focusing in on a specific market that could find use in Bitcoin.
So maybe we'll end up chatting about that end up bit.
Yeah, awesome. And P, good to see you again. How are you?
Doing great. I'm super excited to be here. I'm the head of programming at Bitcoin Magazine.
Just coming off the high of Bitcoin 2022, and by high, I mean utter exhaustion. I just like fell into my bed and went to a coma for about a month.
But yeah, I focus on building out the programming, as my title might suggest, for Bitcoin Magazine.
that's who I am.
I love it.
Well, I'm glad to have you here, man.
And it was cool to see you very briefly that first day.
I like that you guys had little scooters to rip around on because the venue was so massive.
I didn't realize how huge it would be.
But you very much needed them.
Just hooffing it across that venue was something else.
So glad to have you all.
Welcome to the show.
Anybody watching that is unfamiliar, this is why are we bullish?
Very simple premise here.
Effectively, somebody's going to give a reason why they're bullish.
After they give that reason, we're all going to riff on that reason together.
And then once we're through with that topic, we're going to rotate.
So we go by the three hours, really simple.
Reason, riff, and rotate.
So I'm going to get us started today.
And fitting that you spoke last, Pete, because this has to do with an article from Bitcoin magazine that dropped
today. So there's two reasons kind of baked in here as to as to why I'm bullish on this particular
article. And I'm going to talk about the reasons, but I'm also going to just kind of go through
the article itself so that people can be informed. So I'll be brief with the reason and then get
to the meat of the article. So there's a piece from from Shinobi or at Brian Trolls on on Twitter.
And he was talking about the problems with Bitcoin Magazine's Arculus Partnership.
So those unfamiliar, there was a hardware wallet that basically did a sponsorship with the event and gave a bunch of hardware wallets to everybody that attended.
You know, awesome.
You know, people get to play with new hardware and experiment and learn how to use stuff.
Now, there's two reasons why I'm bullish here.
And then we'll get into the article.
The number one reason is the continued.
adversarial and don't trust verify nature of Bitcoiners in that they scrutinize everything to ensure
that the way it's being presented is is factual hopefully you know that that's that's the
the ethos that we strive for anyways it's not always true but um it's it's something ingrained
especially in OG Bitcoiners where it's like I want to get to the meat of this I want to actually
check if certain clams are true I want to make sure that
This is as trustless as possible and so on and so forth.
Now, the other reason that I'm bullish is that Bitcoin Magazine published this,
is that it was an adversarial take and kind of a scrutiny of the advertisers,
or rather one of the partnerships that happened with the event.
And rather than saying, no, we're not going to, we're not going to,
We're not going to publish this.
It was actually indeed published on Bitcoin Magazine criticizing one of the sponsors of Bitcoin
Magazine's event.
And so I thought that was cool in that it kind of shows that nobody is beyond scrutiny.
And it also shows a willingness to have that conversation, which I think is important, you know,
rather than dismissing it and pushing it out.
and saying, no, we're not, we're not going to talk about this.
This is just bullshit.
No, it's, okay, well, here, this is an op-ed from somebody that is writing for this magazine,
scrutinizing a partnership that happened with this magazine.
So I think that, you know, in and of itself, outside of the topics in there,
was big of the people at Bigmoin magazine to say, yeah, sure, let's publish this.
So I thought that was awesome.
Now, in terms of the don't trust, verify nature.
of Bitcoiners in around hardware
and around wallets and everything. I thought
this was a very well put together
piece because it kind of
looks at
the realities.
So one of the
concessions that Shinobi makes in this
article is
we're moving
towards a place where it's getting
more and more difficult
for
everybody to not trust, but rather
verify for every aspect of Bitcoin. Like if we're being realistic, there's going to be some degree
of trust in people with maybe more technical know-how or others that have vetted certain things
to have gone and done the research that maybe some people are not capable of or just straight
up don't have time for it because everybody's got lives. So that was one of the first concessions
that was made here. But he goes.
into some of the points about the Arculus, which is like a credit card sized NFC type hardware
wallet and kind of talks about one.
It was so it was presented as a more secure than all other options on the market,
hardware wallet, like through Arculus's marketing, presented as a more secure option than
everything else on the market and through their some of their materials and in that presentation
he he effectively kind of tears apart one it's not open source so even if you wanted to you
cannot verify any of those claims two because the the card itself does not have a screen
in order to actually generate that seed and see it it necessarily has to be
displayed on your device, on your phone, which is connected to the internet, and then re-enter
to verify via the keyboard app on your phone, in which case both of those actions very much compromise
the entire point of having a hardware device in that now your seed at some point has existed
on an internet connected device, which is a kind of a no-no. You want it to be created and kept
offline at all times.
It goes into some of some other kind of nitty gritty stuff.
A lot of the stuff about he had a few points here.
He wanted to know if the device verifies that the change address created is actually an
address that belongs to the seed.
He wanted to verify that any change address from the multi-sig is composed of the right
keys and not a malicious address where somebody else might have a couple keys.
Wanted to confirm that the device is capable of storing other ex-pubs used in a multi-sig wallet
to be able to perform the above check and safety checks to make sure the appropriate key is being
used to sign a transaction. For instance, there's been attacks that could trick a wallet
into signing a transaction. It thinks is for Bitcoin cash with Bitcoin keys. So a number of things
he asked and he actually reached out to Arculus and said, hey, would you like to comment on this?
However, their response was a non-answer to any of those finer points and kind of a rehash of
their marketing saying basically like, hey, there's three factors here.
You've got a pin, you've got biometrics, and then you've got the actual key card and you need
all these three things.
But it doesn't address the, it doesn't address the inability to check any of the above.
It doesn't address the inability to generate the seed fully offline.
So all of these were kind of overlooked and just presented with, here's our marketing stick.
He also went into some of the stuff like what he would consider to be dishonest marketing.
So like here it shows Arculus versus other coal storage and it has a few tick boxes, ease of use, superior security, no charge required and three factor of
vindication. Basically, checkmarks all for the Arculus and X's for all of the other cold storage
devices, which in and of itself, I would argue, is entirely not true. First of all, not superior
security, given what we just discussed. The ease of use is arguable. The no charge required.
Well, I mean, he mentions here the original Trezer and Ledger are plug-in only, so you don't need to charge the device.
So, like, what does that accomplish here?
And then three-factor authentication, again, he goes through a whole scenario where all of the, like a number of those factors could be effectively hacked, given that you're working through a hackable or a device that could have malicious third-party software.
we're on it. So he makes a lot of good points regarding kind of the marketing of the device.
He kind of rips it apart. And the one thing that really irked me, unfortunately, was their tweet
where they took Econo Alchemist. And he basically did probably one of the most secure setups that you
could generating a seed offline with dice via a cold card that's air-gapped and puts it in
steel and all of this stuff.
And they basically retweeted that Bitcoin magazine article, which was excellent and then said,
hey, we've simplified the nine or so steps outlined by Bitcoin magazine to set up your
cold card into one simple, easy to follow guide.
Purchase an Arculus card.
Questions.
And I think that's kind of shitty.
I think that's kind of shitty because in no way is the setup that they've just told you
anywhere near as secure as what econo alchemist outlined in his excellent article here.
So all and all, I know this is like a negative Nancy kind of article, but what, again, what makes me
bullish is that somebody had the wherewithal to go through all of these claims and fact check
them and actually hold feet to the fire and say, hey, you know, this is untrue.
at the same time, journalistic integrity to reach out to them for comment and
clarification on all of these things.
And then secondly, that Bitcoin Magazine still published it despite the fact that it was
a criticism of that particular engagement.
So that's kind of where I'm out with this.
I know it was a bit of a rant here, but I thought it was a very interesting article,
very well done.
And I hope that everybody watching, again, has the ethos of don't trust Vera
as at least as much as possible.
So I'm going to open it up to everybody in the call to comment, question.
Like, did anybody try out this device themselves?
I didn't get one of my hands on one, but I'm just curious.
Thoughts here.
I mean, I've, yeah, you should, I feel like you should go first.
No, no, I was going to, like, you know, give a moment for other people to jump in.
I mean, yeah, look, I, how do I say this delicately?
the arculus wallet and their advertising campaign is bullshit uh basically that was delicate
yeah sure why not no no no i mean so one of the things that uh to your point that i love about
working at bitcoin magazine is that these types of discussions are totally out in the open and um to
like i think it's important to like for a bitcoin magazine we had a lot of internal discussion
I definitely was like, no way, like this is not a good idea.
But there were really good points made of like, wait, hey, wait, this could be reasonable.
There were plans to put like a big warning on it.
Like a lot of that fell through.
But I will say, like internally, there was a lot of effort put into like giving them really clear feedback.
And then, you know, it seemed like that was going in a positive direction.
And then it didn't seem like a lot of it materialized.
And so I think that it is still.
useful to give people hardware wallets, which they can, like, test out as long as the expectations
are very, very, very clear that are like, one should never accept a free hardware wallet.
You get at a conference.
Like, who the fuck knows who has touched this device before you get it?
Like, view this as like a little vial of Ebola and do whatever you want.
There were hilarious videos of, like, people like, here, let me set up an Arculus wallet
and, like, taking it and then, like, pulling it out of the box and then, like, turning left
and dropping into the trash.
It's like, yep, exactly.
The comment 19 agrees.
Yeah, and I think it's, I think it really does represent a missed opportunity.
I will say also, like, you know, I had the, I'm blanking on his name, but the CTO in a panel
with NVK and a few others, and he was, he was great.
Like, he, I had a conversation with him beforehand.
Like, he showed up, like, genuinely.
He contributed a lot to the conversation.
And it is super disappointing to see them.
engaging in these like advertising campaigns like the one you just mentioned there was another one
there were like some like super cringy ones with like bit boy crypto like you know like bro get your
crypto on this shit and um but i think that as a as an organization there was a honestly like a ton
of effort put into and initially seemed like it was going to happen working with them to
yeah make this a good thing yeah um so i want to give you an example of how this could if they take
the criticism well of how this could turn
to a good thing for them.
So a few years back,
maybe three years back,
I got this hardware wallet.
It's when I would still just take,
like when people are like,
can we send you a thing and you do a video on it?
And I would just literally say yes to everything
because I was excited about.
And then I ended up with like just mountains of trash
like hardware wallets that I was like
oh these are all so
bad and so
I got one that seemed like
pretty robust I was like okay
this is really this is this is cool
and so they had like
well before it was
commonplace they had like steel
like seed plate backup type thing
kind of bill foddle type stuff
but then beyond that
they had this this like capsule
that was like
solid steel, like insulated steel that you would slide the hardware wallet and the battery into
separately and then close it. And it was it was fireproof and waterproof. And then you would put that
inside of a safe to like protect. It was like next level like intense. And so I went through
and like the the device itself was pretty robust. It was like metal, had like a fingerprint
scanner. It had like all of these different mechanisms that made it. There's so many things.
Yeah, like the, it was, it was, it was easy to use, I will say.
It had like a lot of different things that, you know, from a physical standpoint, you know,
if you're super paranoid about things happening, then you'd be like, okay, this is pretty
robust.
But in the end, when I got down to it, it was an open source.
And so I was like, if you are this paranoid about.
shit going bad with your hardware, why in the fuck would you not take that extra leap to say,
is this open source?
And so I said that in the review of the thing.
I did do a video on it.
And I was like, this thing's cool.
Works well.
But like, even though I myself can't audit the code, neither can anybody else.
And I was that like a mur.
sounded like a
so in the end
I put up the video
I got a very nice message
from the person behind the device
and said hey like we watch your video
we actually quite appreciate that
and we're now working to make it open source
which they then did
formerly was known as cobo vault
now the keystone
so I basically
like I went through the videos
like it works great but like don't fucking get it because there's no point if you're this paranoid
and you're not paranoid about this and they took it to heart and they they changed their stance
and then they went as far as to make bitcoin only firmware because of that attack vector which i believe
i mentioned in the video as well so they took all that criticism and they literally built around that
and so if arculec was to do the same thing uh to look at some of the criticisms here and say like
Hey, maybe you're right.
Like, this is not the best way to go about things.
And maybe we need to advertise more clearly.
Maybe we need to rethink some of the inner workings of the app.
Maybe we need to rethink a number of things.
Then I think that would be okay.
Because, like, let's be real.
We've got, we've got NVK with Coin Kite.
And they're creating something called the tap signer,
which is effectively going to be the same functionality as the Arculus,
if I'm not mistaken, in terms of, yes,
it's open source, but like it's an NFC thing to tap and and approve transactions, which would have to go through your phone.
So there is, there is an attack vector there in terms of probably having to generate seeds and stuff like that.
I haven't played with one yet.
So I'm just a speculation.
But if it's advertised and presented as, you know, which I've seen from NVK is, hey, some people will scrutinize this.
If this is not for you, then you should probably get the cold card.
And same thing with the NFC functionality on the cold card.
That's the Mark 4 that just came out.
He's like, some people are going to fucking hate this.
It's going to be off by default.
You can turn it on.
And if you don't want it to even function whatsoever,
there's a little thing that you can scrape that kills the connection for the NFC permanently.
So I think that approach is a better one.
And hopefully,
Arculus will consider that and go,
all right,
well, you know, correct.
And maybe next year, they'll be coming down the line saying,
hey, check it out.
We've got something new in the bag and it's vastly improved based on feedback.
I hope.
But maybe not.
We'll see.
Yeah, for sure.
I mean, I will say my impression of them is that their intentions are good.
But yeah, until these things actually materialize,
until the code base is open source, until they have these types of warnings,
it's like, what are we talking about here?
Yeah, yeah.
Mark, Rebecca, do you have any thoughts?
on like the topic at hand, whether it be specifically on the hardware or just like the general,
like, hey, it's great that we're coming at this or yeah.
Well, yeah, I think it's good that there's, you know, people out there in the community,
you know, digging deeper, trying to verify everything.
Because like there's so much like marketing always just like over top of everything that really
does catch, you know, the normies or people that are just getting into it, you know, also not just
Bitcoin only focus, but like shitcoiners too.
You know, they see something flashing.
They don't really think, oh, I don't think it matters that it's like not FOSS or open source.
And marketing looks good.
It's shiny.
Yeah, I'll put a little bit on it and test it out.
And then, you know, you kind of dig a little or see an article out there that kind of
criticizes it.
And, you know, hopefully that would make people kind of look into it a little bit more.
So.
Yeah.
Yeah.
Mark, how about you?
Yeah, well, I mean, you know, as someone in marketing, I mean, this is the type of thing that gives marketing a bad name, which you just like hate to see.
I mean, I just remember, I remember saying Arcula's last year sometime coming across it.
It was a non-starter for half the reasons you cited.
I was like, this is not going to be my hardware wall.
I think people in the Bitcoin community are constantly aware of the fact that we're not dealing with like $20 bunch money.
This is potentially life savings.
It's a whole different criteria set when you're dealing with that.
Even given that we want to improve the U.X.
and I can appreciate that's what Arculus is about.
But anyway, I think there was disingenuous marketing.
But look, I mean, I try to criticize too much.
But at the same time, I totally, you know,
I never would have picked this article as something to make me feel bullish,
but you describing it made me feel super bullish because I realized,
and I think I underappreciate how people in this corner of the internet or culture
are attracted to Bitcoin for a certain set of properties it has.
And it has these kind of anti-fragile properties, right?
It likes to be attacked.
It wants to be attacked.
And it's interesting that the culture around it starts to embrace,
not even just adversarial thinking,
which is like, what will my opponent do and how can get ahead of it?
But welcoming and encouraging criticism, encouraging attack,
because we understand that that's how you get better.
That's how you improve.
That's how you expose vulnerabilities.
And that people are starting to take on those same qualities
that the underlying base chain kind of has.
And that's what we appreciate about it.
So you're kind of right.
The fact that Bigwood Magazine published it, net net, net,
I feel like, yeah, I think this probably is a good reason to feel bullish.
I mean, fair play.
And speaking of taking criticism, all pulling up right now, none your business.
Make your own seed plate.
Nobody needs to buy a piece of steel for $50 to $75.
I mean, if you can make one, then yeah, fuck them.
You don't need to buy a bill bottle.
I don't have the greatest things to make my own seed plate.
But at the same time, yeah, if you can make your own, if you can make your own seat plate, there's nothing stopping you from doing that because all you need is to put, you just need something to transcribe it to. And there's lots of options out there, right? Like Bill Fottle isn't the only one. I like it. I use it. But at the same time, there's tons of options and you can make your own. I've seen people take washers and like get like lettered stamps and a mallet and just like, there you go. Yeah.
There I have it.
This is how I made my seat place.
I just ordered this off of Amazon and then at Home Depot.
Like whatever.
They were six, seven bucks and then just throw your seat on there.
That's fucking awesome.
It's so simple.
If I can do it, like anyone can do it.
Yeah, 100%.
And so like if you want to get a fucking mallet and some washers and those,
I've never seen like where you get those like letter stamps, can I see those?
Yeah, hold on.
Let me take it out.
it's quite heavy.
Yeah, it was great.
So it's 36 pieces.
Yeah, number and letter stamping set.
Oh, that's so awesome.
Yeah, and then you just, they have the number on.
There we go.
Nice.
Yeah, then you just step it right onto the seat plate.
Would have fucking stamps and mouth.
Yeah, I'll, uh, I'll raise you one.
I, you can buy titanium plates.
on Amazon and I spent way too much time.
Buy, you know, it's like 15 bucks for like a,
you know, one foot by one foot titanium plate
and then like cutting them into these little like blanks
and then like when I basically, whenever I meet anyone,
I'm like, here you need a seed plate.
They're like, what the fuck are you talking about?
Here's some stamps, let's do it.
Let's go, no, no, you can't show me.
And they're like, but I don't, am I getting the words right?
I'm like, I don't care, figure it out.
And then like, you know, hammer it
and then I give them a little thing
and they're good to go.
So you hang out with me
and you want a little titanium seed plate?
Mine look a little like that, too, this clangy thing.
Anyway, I don't want to talk about it.
I love Bitcoin.
I'm set up.
They got brought up and everybody's like, look, I've got these pieces of steel that I cut myself.
Did I also blow torch them to make sure, you know, in terms of the temperature resistance?
Maybe.
That's great.
Well, that's fantastic.
Yes, absolutely.
And to Nuneo's bit business point, you can 100%, and it's all personal personal
reference like if you want to build it yourself then do it and like that's kind of the ethos of something
like seed signer right like obviously i've got sponsor on the show keystone but at the same time
there's the seed signer which you can literally build a bitcoin signing device from run-of-the-mill parts
that you put together and adversarially thinking it's okay well you you would be sourcing the parts
yourself nobody would ever know what you're using them for you can then create seed phrases from that
with entropy, if you so choose.
And you can then, you know, utilize those however you see fit.
I just did a video on the Seed Center.
I think it's fucking amazing.
And it's just, it depends kind of where you're at and what level you're at
and just, again, personal preference.
The important part here as to the topic at hand is that it's transparent and it's not marketed
in a way that is malicious.
or not malicious, but even just like mildly dishonest,
I think that's kind of important here.
And that's where especially OG bitconers will come through and be like,
what did you say?
Let's clarify that.
Maybe in less polite terms.
But regardless.
So I'm going to wrap this topic up.
I just thought it was great to see a well thought and put together article
that had some.
valid criticisms that will hopefully result in changes for the better. So I'll leave that there.
I guess thank you for everybody in the audience that's dropping their comments and everything.
And we're going to rotate now. So up next on my screen, I am seeing Becca. So Becca, you're going to be on net.
You're like, fuck.
What?
I'm first. Okay, hold on. My sandwiches aren't ready yet. I'm so scared.
I'm sure that.
So what has you bullish?
What are you excited about?
Okay.
What has me bullish?
Obviously, okay, clown world has me bullish.
The memes that come out of clown world have me so bullish because it's just like they're,
it's just writing itself.
Like some headlines you see it and it's just like this meme instantly pops up.
So for example, like yesterday, poor Elon and Tesla,
getting kicked out of the ESG rating basket on, you know, the scam market there on Wall Street.
Like, it's like, what?
Okay, well, here's the meme.
Like, Tesla's not ESG friendly anymore, but Lockheed Martin and Raytheon are because, you know,
the U.S. military is going to go all green and net neutral.
And it's just stuff like this that is, you can bring it to the.
people in your life the normies and stuff like that and just be like look at the hypocrisy like how silly
is this clown world so that you that um like just in trudeau like when we had the whole trucker um
protest there in january how he all of a sudden like was a close exposure to covid and had to go into
hiding it's like oh look here we go trudeau hide and seek champion of 20 you know January 2020
And it's just, it brings, it boils down, you know, sort of ideas, hypocrisy, you know, whatever message down into a very simple format, you know, picture and a few words.
So that the other thing, and like earlier this year when Germany, like after they shut down all their nuclear reactors and then the EU in February was like, oh, nuclear is green energy now.
Like, it's like, what is going on in clown world?
Like, you guys, thank you for all the great, like, meaming.
So, and like the whole, like, meme warfare, right?
Like, the battle that we're in now, it's all, it's online.
It's everywhere.
So memes is just such a great, you know, tool and weapon.
And that's what has me bullish.
It's just all the craziness of clown world.
I want to bring up just because we.
both have a mutual distaste of Justin Trudeau.
So this was one that I had to comment on the other day.
But he said,
Putin's decision to expel Canadian media from Moscow is an attempt to silence them
from reporting the facts and it is unacceptable.
Journalists must be able to work safely, free from censorship, intimidation, and
interference.
This is something Canada will always stand up for.
And then I posted an article from last month.
from the Globe and Mail, which is actually a not only just like a fringe minority,
but this is like a mainstream publication, Ottawa faces blowback for plan to regulate internet,
which is a bill that would basically deem whether or not news was factual and then potentially
China style firewalled out if it was not acceptable according to whatever the regulations were within
Canada. So it is it is clown world-esque what we'll see from a lot of this. My question then
is in what degree does, and this is open to everybody, and what degree does Bitcoin fix this
kind of stuff? What kind of clown world problems does Bitcoin fix? All of them.
right like just um how does it fix it it fixes it by showing the hypocrisy just how um how we're all
being scammed and with bitcoin um you know you can verify it all it's just sort of changing that
mindset that making your like bringing self responsibility back to you in regards to you know what
how your health, what you're taking in in terms of information and everything like that.
But then like also how you were saying, Ben, like earlier that, you know, there is so much
information out there.
And then with the marketing, like people get caught up and like, oh, like, I think this is right.
And we don't have a lot of time to go out there and verify.
So we like lots of people generally are just trusting whatever they see.
And so you see it as like a shift in cultural ethos.
of, hey, like, if we're applying this amount of scrutiny to the language of value that we're using,
then that starts to.
And I can attest to this, at least in my own life, where those values, that ethos of don't trust,
verify, starts to eke out into other aspects of your life.
Or you're, you know, if you become relatively well-versed in a particular topic, like,
Bitcoin, like I would say everybody on the panel is, is at least relatively well versed in various aspects of Bitcoin.
You see various stories and reporting on it.
And you can instantly call bullshit on it because you see it and you go, well, that's, I know for a fact.
That's not true because I verified it myself.
And this is just like a repeated talking point from multiple times debunked reports or, you know, like McConnell, what's the?
what's the guy who didgeconomist all of his like ESG stuff that he's been pumping and and a number of the
reports on on claims of Bitcoin energy usage that have been thrice debunked in in multiple instances
where they continue to be trumpeted as hey Bitcoin's going to consume all of the world's
power by this point or it's going to raise the the temperature of Earth two degrees by this
date or so on and so forth.
And Bitcoiners can see that.
And so when you see something presented as fact that you know, like consistently presented
as fact that you know to be fiction, then it changes that mindset and it makes you kind
of question it.
And I think that's available because Bitcoin can be verified.
Like you can actually go and verify it.
And so it makes you question, well,
If they're wrong about this particular topic, how well versed in other topics are they?
And so it encourages you to ask those questions and go down those roads.
And again, you're right.
Not everybody has fucking time for that.
I definitely don't.
I, uh, there's, there's definitely been a rise of a double-edged sword in,
I support the current thing is one of the, the clown world things.
I would say on the opposite end of the spectrum, there's the I oppose the current thing,
also popping up where it's just like whatever the current thing is, you're just picking aside
without independent verification.
I've gone by a different ethos of I will continue to live my life despite the current thing.
Yeah.
It's kind of my new ethos.
And if it's very near and dear to me, then I will investigate to decide whether I support nor or, or,
disavow the current thing.
It's kind of where I'm at.
That was a long-winded nothing burger of stuff that I just said.
But Mark or P, do you have thoughts on kind of the ethos shift that comes with being a Bitcoiner?
I do, but I want to give Mark the opportunity to speak first.
Well, that's super kind of you.
I'll make my...
You never forget this moment.
I immediately owe you one, I feel like.
You do.
I'll keep mine quick, though, but everything that you said resonates with me.
For me, like, how does it fix clown world?
And clown world is different things to different people.
But Bitcoin attracts people who have learned the value and maybe realize that they've been
undervaluing truth and telling the truth and having something that you can trust.
And for as long as I can remember, I've always been very like, don't just don't lie to me.
Like we can probably disagree in a lot of things that don't lie to me.
That's kind of the line in the sand.
I feel like a lot of the clown world has people divided because they disagree on social things
or political things or monetary things.
And Bitcoin community is like, I'm just interested in truth, like telling the truth.
And we can have very differing views on a lot of things.
But if we don't lie to each other, we're not doing like deceitful things.
I can't be that mad at you, right?
There's actually a lot of different viewpoints held in the Bitcoin community, a lot of different
viewpoints. But the one thing that we're not going to compromise on is like lying. And that's what
Bitcoin's all about. It's a truthful ledger, right? It's just, it's almost representative of truth.
It's the only true thing we have. And when you start to value truth in a way that you maybe never did
before, it attracts a certain type of person. So really, if, if I'm thinking about how Bitcoin fixes
clown world, it acts as this like light for these little truth moths to flock around. And all of a sudden
now, there's clown world and there's non-clown world, right?
And so it almost acts as the opposite of clown world in that it attracts people who like truthfulness.
And that's what I see.
That's just what I'm observing.
And I'm like, I didn't even care about certain things.
And now it's shining a light on things.
I was like, wait a second.
I'm being lied to way more often than I thought I was.
And it wasn't until like I really started taking Bitcoin seriously that I started seeing it for someone.
Yeah, I think that's true.
I just wanted to give a shout out to Yellow, who at by my calculation, the time where he's at,
should be about almost two in the morning.
But he's out here dropping comments that are actually profound.
Oh, yeah.
He said it way better than I did.
Yeah, there you go.
Yellow says Bitcoin is a mine virus.
It changes you slowly to a better version of yourself.
It incentivizes you to do the work on yourself and those around you.
It's a force of good.
And then he also wanted to enlighten us and wanted to say that, by the way, quote,
I support the current thing is a meme made by one of us run the banks, which I did not know.
That's super awesome.
Sauses right there.
That's sauces.
Yeah.
So, yo, thanks for staying up late and commenting.
I've been reposting your Cardano video.
Somebody kept up bringing up Cardano.
So I had to share it.
Cardano.
I love it.
I can't do the accent, but that's okay.
P, thoughts.
I'll keep it short and brief on this one.
I agree.
I mean, we are clearly living in a clown world.
The major news publications, the articles that they post are just absolutely insane.
I honestly think of, I think also a lot of Bitcoiners are focused on which side of the political spectrum they align with.
To me, whether you identify in the U.S., at least as a Democrat or a Republican,
Everybody's just the, it's the, what is it, the Harlem Globetrotters and the Washington Generals.
And basically, approximately every four years, sometimes eight, they switch, they switch names in terms of like, one becomes Harlem Globetrotters, one becomes the Washington Generals.
For those that don't know, Harlem Globetrotters are like the famous, like, trick shot, like basketball team.
And the Washington generals are like, they're like nemesis.
And they, like, are always the ones that lose.
And I feel like that's just what the U.S. political system is.
I feel like it's absolute horseshit and like, you know, it's all bullshit.
I think Bitcoin is interesting because it starts to fix the incentives.
And that's ultimately what it comes down to, you know, you know, trillionaire philanthropist and, you know, horse-dicked man, Charlie Munger is famous for saying, you know, you show me the incentives.
I'll show you the outcome.
That was obviously a joke.
Charlie Munger is a piece of shit.
But that quote is real and it's a good one.
And, you know, Bitcoin does not fix absolutely everything.
It does not end world hunger instantly.
It does not save Christmas.
But it does start to fix those incentives.
And when you fix the incentives, when you create systems that are unable to be or very
resistance to being attacked, you start to force people to act in ways that not only benefit
themselves but simultaneously benefit the entire network.
This is the Bitcoin network, which is really powerful.
I want to, I think a good way to round out this topic is with a quote from Jeff Booth.
And I think it perfectly ties into the fixing of clown world or the, it's a diagnosis
of one of the actual causes of the symptoms that we see in clown world.
it's a diagnosis.
And so Jeff Ruth said,
is that the symptom?
This is, yeah, yeah.
So the quote from Jeff Booth,
and this was from like a year ago,
he said,
money is just information.
So it makes sense that if it is corrupted
in the form of printing,
we would get misinformation everywhere else.
And so at a base layer,
again, if the basis of all society
in terms of where we place value
is calculated through our,
money, but that can be entirely manipulated, then you're getting incorrect information about
everything we value in life, about everything that has monetary value.
It's like every time we open our mouths on this stream, but it got garbled and you literally
heard something else.
And we're trying to communicate with one another.
I mean, that's what's happening, right?
So all of a sudden, we go, we're back to the trust thing.
Like, I don't even, I can't even trust anything anyone's saying because I don't know what
I'm replying to because I don't know what's.
Booth nails it every time.
I'm tired of him being so
He's so good.
I can tell you're furious.
And I mean, again, somebody commented below that the opposite is just as true.
So like if you have a base layer where it's absolute truth as Bitcoin is designed to be,
especially as it's grown to be, maybe like it could have been corrupted early on if people
understood the underlying value that would be brought forth from this.
network, but luckily it was able to flourish unabated for a number of years before people
recognize that, thus the altcoin boom.
The altcoin boom is just like corrupted information on value, right?
It's just somebody wanted to corrupt the information for themselves to benefit themselves.
And so we see this, this expanse of shit coins everywhere because, hey, you know, I see, I see
your network for truth of where we allocate value.
But it doesn't quite benefit me in the way that I please.
So I just want to tweak the network for value so that that that communication, that,
that information favors me a little bit.
And then thus.
I think that is an incredibly generous characterization.
I think that like a little bit.
Yeah.
come on i mean like let's be 70% pre-mine that's all i ask yeah yeah exactly like all i want is to be
able to fuck over everyone else and to take all their bitcoin and put it in my pocket like it's not much right
like i mean that's not run reasonable yeah yeah i mean i love jeff booth like he's so he again there's
there's more information packed into this single sentence than most people can get out in like 20
minutes of talking. And it's just, it's so beautiful. And again, it, it, if you extrapolate out from a
system where the base layer of value, the communication layer of value is nothing but truthful and can't
be co-opted, then yes, you can have people lie in the interim, but eventually shit hits the fan and it
normalizes based on the layer of truth that we built society upon. And that's what we don't have right now.
We can so easily get away from that and shift the underlying rules of society that you there's no basis.
Like if if where it was at right now remained static and it was like here's the rules as they exist right now.
And then it just didn't move from there.
At least you have a baseline to inform your economic decisions moving forward because you know what the fuck's up.
But it constantly changes.
And so how do you how do you base any economic decision?
I don't know.
I think we'll cab that one there.
Kudos.
He's incredible.
If you have not read the price of tomorrow, you need to.
And try and take in every single podcast this man has ever been on.
I'm very excited because I'm going to be out in Vancouver this summer.
And I get to spend a night chilling with Jeff Booth,
just like my family and his family.
we're all just going to chill out.
And I'm so excited because if there's one person in this space that I feel this affection for like a father figure type,
like he was the voice in my ear during all of this trucker bullshit when I was losing my mind
and I was basically having anxiety attacks multiple times a day,
he was the voice in my ear that brought me back down to earth and calmly explained exactly what was happening.
on a global level and how it made sense and it's going to be bumpy in the mid in term but what
you're doing has integrity and you shouldn't ever question that and and you know like you you've done
what a sane person would do and and like he was just very comforting to have the void like imagine
imagine an audio book of Jeff Booth just playing in your ear he's just so calming it's just
Yeah, so again, nothing but respect for Jeff and love the guy.
So kudos to him for being incredible.
But with that, we're going to do a rotation.
Thank you, everybody, in the comments for being here again.
Keep him coming.
But we're going to rotate to Mark.
Mark, I would love to hear what you're excited about.
What has you bullish this week?
Yeah.
So I am really bullish, and this is based on just some recent experiences that have opened my
eyes a little bit.
So I have, I work in, I mean, I'm particularly close to the lightning network as it relates
to Bitcoin, right?
So I have a front row seat to what's being built and designed for lightning.
Of course, I'm bullish on Bitcoin and Lightning.
I am bullish on the Delta, the difference between what lightning is doing, like right now,
like today, like it's actually doing and how many people have no idea about.
lightning because we're in this world where like we get the news updates about all the
companies and all the news releases and breaking you know this awesome you know product came
out strike just did another thing el salvador is building wallets and we're like oh my gosh this
network is just you know it's growing and look at the um node count go up and look how many
transactions are going through and it feels like it's exploding um it feels like oh my gosh
I'm tired of talking about lightning.
I mean,
just in lightning news all the time.
And then, of course, with the, um,
Bitcoin 2020,
it was just like the conference of lightning.
I was at a conference recently and talking to people.
So,
you know,
it was a gaming conference,
um,
you know,
game developers and things like this.
But there's plenty of people on the blockchain or the NFI year,
the crypto space and these,
these crypto guys came up and they were wondering,
they're just asking about Zepidi and what we're up to.
And we're like,
yeah,
we build them Bitcoin.
You know,
we put Bitcoin in games.
It's honestly that simple and it's,
it's pretty amazing.
And I would get questions like, like,
but like, yeah,
but what are the gas fees on lightning?
Or like what token do you use?
And so these guys are in my sweet summer child.
Yes, yes.
I was like, I'm going to blow your mind right now.
You know, they like the answer.
They love the answer.
So, but here are people who are in crypto.
Like these are people, this isn't your like aunt or your whatever.
Like these are people in crypto.
They pay attention to the space.
They own tokens.
They look at the same.
They're on Twitter.
They're following the things.
the awareness of what lightning is doing is much lower than I realize we're in a bubble.
But like, I'm seeing lightning being used for the most demanding customers in the world,
which are gamers.
I mean, there's a reason why, like, hardware, like graphics cards happen to be the perfect
thing to mine Bitcoin with because they were so ludicrously engineered for the demands of
gamers who just wanted great graphics and really fast speeds.
and they have no tolerance for latency.
Like, if you want to build the best user experience, you start with gamers,
because they're the most demanding, and that's what we love about them.
And I'm seeing literally, like, casual gamers, you know, in other countries,
texting each other stats and Discord.
And here's the point.
They're having fun with it.
So if you can cross the fun barrier, you're on your way because you've taken away a lot
of the annoyance and the friction.
You've abstracted away the complexity.
And all I hear is lightning will never work.
And lightning's too complex.
But, like, the reality is, like,
so different than what I'm like than what people realize that I just I'm bullish because we are
way earlier than I thought we were and and I'm seeing what it's doing today not just the potential
of it and it's like I need to wow okay this is uh yeah I I was feeling bad about being late
now I'm almost feeling guilty about being early it's it's incredible what has happened with lightning
just in the past few years like even like my first experience would have been 2018
downloading
I can't remember what the wallet was
but it was the first like mobile wallet
you could download and use lightning
and I had no idea what the fuck I was doing
like I had not a clue
like how it worked
I downloaded it I was like okay wait so I have to
open a channel
with
the person I'm going to pay
and then I can pay them a bunch of times
so there's no understanding of like
oh no this extrapolates out to every person
that they're connected to and every person that that person is connected to depending on the
route and like you know there so i played around with it i was kind of disillusioned i was like
okay well this isn't what i expected and then i you know tried it again a year later and then a year
later and like the the the leaps and bounds that happened between then of like i couldn't get a
payment through unless i directly open a channel with somebody to oh it seems like it's kind of
work until like, oh yeah, like my my payments go through all the time, especially for like small
value ones to I'm getting, you know, 99 sats per minute as people listen to my podcast live and
I can see it coming through my own node infrastructure like in a way that's non-custodial.
And then I can link to my node from Greece when I'm there and spend those stats instantaneously
to pay my utility bills.
Like in what fucking world do we live in?
that that kind of thing happens so quickly.
And don't get me wrong,
there's still,
there's still a lot to do.
There's always a lot to do.
And it can always be improved.
And I see people that they'll gripe about lightning on,
on Twitter and everything.
And I think it's important that we don't dismiss those people,
because some people are trying to break things, right?
They're trying to see, like,
where am I going to have issues?
And right now, for some,
it may be, you know,
slightly higher value payments.
If you want to send like $100
$100 depending on your setup,
it may be difficult to do that.
You may not have the liquidity in the channels
depending on the wallet,
especially some of these automated ones.
It's hit or miss.
But because of what I've seen so far,
I'm very optimistic that those issues
are going to be fewer and further between
as time goes on.
And I think of the,
the,
progress that was made between 2017 and say 2021,
2017,
we didn't even have Segwit yet to enable lightning to happen.
And then lightning happened the next year.
And then 2021,
I'm able to download a wallet that has a single unified balance
that handles both on-chain and lightning addresses
and that I can send seamlessly between the two
and it's all automated for me and I have no idea what's happening.
And it's non-custodial.
So like those things for them to be available and the invention of lightning addresses where you can instead of like creating invoices you just have a BTC sessions at ZBD.G and somebody can just have that information and send you payments rather than having to create a lightning invoice which was another criticism of lightning.
For all of those issues to have been addressed basically for me between 2018 and 2021, that's insane.
And so I think of like give it another having and what are we going to be seeing.
It's going to be incredible.
So yeah, I echo your thoughts on lightning.
I love to hear the thoughts of Becca or P.
If you've had much experience of lightning yet, what you've been seeing, what you're curious about.
If you have questions, have happened.
Yeah, I mean, I'm happy to jump in here.
So I prior to, I guess,
May or April maybe of 2021.
I did not have very much experience with lightning.
And then Rojwinder and D++ and J.C. Crown, who's at Zebedee, and a bunch of other
people were like, yo, you got to get in on this shit.
It's fucking dope.
And so I was like, oh, God, but why?
And D.P. Plus was like, the friendship.
And so we was like, yeah, whatever, whatever.
But then they could.
Yeah, exactly.
And then so, and we, I immediately was obsessed.
So we actually got together with a bunch of other people, about 15 of us, and started Plebnet, and, you know, went down that rabbit hole super hard.
And, yeah, PlebNet is amazing.
The amount of Bitcoin of liquidity, BTC is locked up in the Lightning Network that's represented in Plebnet is massive and super proud of what everyone has been able to do there.
So I think Lightning is an amazing, it's an amazing opportunity.
There are so many more articulate people who are currently actively using Lightning right now
to solve real world problems rather than me and, you know,
everybody in Plednet who's just like shit posting and having fun.
But I think of the Lightning Network as it's like the most engaging real-time strategy game
that I've ever played in that if you're running a node,
you are actively trying to figure out
how to set channel fees and your base rates and everything
in such a way that it incentivizes activity
that is good for you economically.
But the beauty of it, again, going back to the incentives,
is that it is set up in such a way that whatever you do
that is good for you economically
is also good for the network and for everybody else.
And it strengthens it.
And, of course, there are opportunities
for people to develop these strategies
that basically take advantage of like sort of arbitrage opportunities and those are super
interesting but again overall they improve the network the strength of the network the amount of
liquidity can be routed through the network so I think lighting is fucking amazing and I'm super
stoked on everything that you guys are doing in Zebedee.
Thank you.
Yeah, it's awesome.
I'm just literally like I work in marketing, but it's like marketing and communication and
advice for anyone looking to get into marketing.
working at a company where you don't need like the product is good and all you need to do is communicate about it clearly and you don't have to spin anything and you don't have to do any fanciness like just tell people about the product so I will pass along your kind words the people actually building it because I'm literally just the messenger
made well also yeah becca any thoughts on lightning like what's your experience with lightning so far have you played around much
No, I haven't played around too much with lightning.
I've made a few purchases and sent a few invoices.
That's about it.
So obviously I need to get on it because it seems like that's where the party's at.
So, yeah.
It's, yeah, there's not too, too much of a learning curve when it comes to just like using a lightning wallet.
I demand.
Like, what was your first impression of using it?
Yeah.
I mean, the first time I used it was actually,
to go to Katie the Russian, her underground Citadel event last year at Bitcoin 2021.
So I had to go through the whole process, set up a, whatever, lightning wallet and all that.
And that was super easy for someone that was like not technical at all.
I was able to make the purchase.
So yeah, that's pretty much my exposure to it.
So I mean, it's really like it was simple enough for, you know, a regard like me to figure it out.
So what?
What wall were you using?
A blue wallet.
Okay.
Yeah.
So it's nice, easy, simple.
Like works easily,
especially, like,
I've done demos between Blue and Zebedee.
And, um,
yeah,
I mean,
like there's,
there's so much happening where it's,
it's easy to jump on.
Like,
it's,
it's another story.
If you're going to dive into the deep end and start setting up channels,
like that's a whole other ballgame of like figuring out liquidity and everything.
it's it's and again it's not important that everyone does that but it is important that anybody who chooses to
can do that and that's the key differentiation like people they freak out about the idea of
of oh lightning's going to centralize it's going to be a hubs and spokes um but the key thing and
like this was the impetus of a club net was just regular people being like yo
let's let you know rather than going the hub and spoke model and everybody just connecting to
to to like wallet of satoshi or whatever it may be they spun up their own nose and they started
connecting to each other and creating liquidity in different parts of the market where maybe it wasn't
addressed before and i think that's an incredible thing that for those that want to dive deep
they can they can go and they can set up their own liquidity they can set up their own nodes and do it
trustlessly and do it on their own.
And those that just want the benefits of lightning can just use whatever the hell
wallet they want, which is awesome.
So I think that's fantastic.
Does everybody, I mean, Mark, what I'll say to you is different question from everybody
else.
But does everybody, like, what wallets do you enjoy?
Because obviously, Mark, you enjoy the Zebedee wallet.
But what other ones do you enjoy?
I'll go to Mark first.
So apart from the Zebedee wallet, I'm not going to chill our bags.
I do really like Moon.
I like, but that's two use.
I like that, again, I'm super aware that like, is it Bitcoin?
Is it on chain?
Is it lightning?
What's the difference?
Is it different invoice?
This is so confusing.
Moon goes so many of that for you.
It just handles it for you.
Also, it's great for people who are like, well, how do I get money into this lightning
wallet that you've set me up?
with. It's like, ah, I can send you on chain Bitcoin and now that's in your moon wallet,
you now have the option of spending it either way. I just think what they've created is really
underestimated from that respect, just because it has an on chain component, which is, I think,
the bridge people need. It's just easy to use, honestly. So that's a good, that's a good runner up for me.
Well, and again, this is the first time. Like, we just, I don't know when moon launched,
but I kind of started noticing it last year. Like, that's when it kind of came.
Me too. Yeah. And so the idea of a singular unified balance was a relatively new one.
You know, like loading up something like Blue Wallet, there's, you know, a bit more of like,
oh, refill. Like it's a different terminology, whereas Moon was just like, no, this is just how much you have.
And then if you scan a Bitcoin address, it goes there. If you scan a lightning invoice, it goes there.
It just does what you need it to. And so that's, again, and,
from what we were talking about before, think of that as a relatively new concept.
And then fast forward a few years.
Like think of the previous like 2018 to 2021.
All of a sudden we had something like Moon.
Fast forward from, you know, today a few years and how that unified balance and that singular
experience of this is Bitcoin in whatever the most efficient way to send that transaction is.
and how much simpler that interaction is going to be between on-chain and lightning.
I think that would be incredible.
But I'm renting too much.
Becca, I know that you've been using Blue Wallet.
I would encourage you to check out Moon.
Check out also Zebedy because then you can create, in a very easy way,
you can create a lightning address.
So Bitcoin, Becca at zbd.g.
and then with that information, anybody can send you Lightning.
So this is your email address for money.
But I'm curious, P, what's your experience with Lightning so far?
Like what wallets have you played with is what I'm getting at?
As I said earlier, oh, my sweet so much child.
All of us, like the early crew in Plybnet, like the convoluted stuff we were doing to try to like break everything.
We were like, oh, we're going to create a super node.
It's going to be great.
We're going to build a stuff.
We're going to create liquidity over here.
We're going to create liquidity over there.
So, I mean, I have at least eight different lighting wallets on my phone.
I think Moon, which, by the way, is important to say this, M-U-U-N.
Yes.
It's not M-O-O-N.
There are a ton of companies in the Bitcoin space who have Moon associated with their name.
There's like Moon, there's Pay with Moon.
And then there's the wallet we're talking about, which is M-U-U-N.
I love M-U-U-N wallet, Moon wallet.
It is, as you said, they do a really, really good job of solving a one of the, I would say,
I don't want to say the largest threat to Bitcoin, not even threat, the largest challenge
in Bitcoin adoption, which is Ebody also has done a fantastic job of doing, which is just
the user experience.
It used to be infinitely more complex.
Like if you, like, we're setting up a, you know, a Bitcoin wallet in fucking 2012, 2015,
it was like yeah you had to buy a printer then you had to print out your you know your paper wallet
then you had to destroy that printer then you had to burn the remains of that printer you had to kill
everyone who saw you buy that printer it was like the most extreme shit ever and the trail of bodies
were yeah exactly you know make sure you wrap the bodies in chicken wire um you know it was like
insane and so to be able to be in a position today um where you know i can talk to my mom
And, you know, she's like, oh, this newfangled cryptocurrency.
Like, I don't want to.
And I'm like, great.
Just open cash app.
And, you know, we buy dinner and we split it.
And I send her Bitcoin.
And she's like, wait, what?
It's that simple?
And I'm like, yes, yes, it is.
So, I mean, you know, I think that the best wallet of the type we are talking about
where you have custody is, or most of the time you have custody or mostly custody is moon wallet, M-U-U-N.
I recommend that to almost everyone.
My personal favorite wallet, I really like the bleeding edge wallets because I'm a software engineer and a bit of a nerd.
So I really love Blixed wallet, B-L-I-X-T by Hampus.
It's one of the more, it implements a lot of the aspects of LN-U-R-L and some really exciting lightning technologies that are sort of still very much bleeding edge.
There's also, I think it's simple Bitcoin wallet, which is still very much in progress, but is all
also really, really exciting.
And yeah, yeah.
I mean, strike wallet is also a fantastic option for people who are like,
I just want to interact with Bitcoin.
And you're like lightning.
They're like, I don't know what that is.
And I don't want to know.
Strike wallet's great because you can buy Bitcoin using strike as well.
And for zero fees.
Also, shout out to Zeus.
They just had a dope redesign.
And it's like a new piece of software now.
They did a great job with it.
No shit.
Okay.
I got to check out.
I got to check out.
Also, I said this earlier, but, like, Zebedee's bleeding edge as well.
I think it's really interesting that Zebedee has successfully identified a very, like, sort of a green field in the space, which is gamers, right?
And incentivizing and using Bitcoin-based rewards for in-game everything.
You know, J.C. Crown and Zaddy and I, like, became, or early on we were friends,
because he was like, oh, you can totally like fuck around with, um, with, uh, Counterstrike.
And I was like, no shit.
I can kill my friends in Counterstrike and earn sats.
And he was like, yeah, man, Zebedy's dope.
And we would, like, set up these rooms or I would just be like, so I think that's a really,
really powerful use case that I think a lot of people didn't really grok immediately.
And so I love what Zebetti's doing.
Also, there's a lot of innovations on Zepidt's side as well.
They have a gamer tags.
They have the addresses that we were just talking about.
So I think a lot, I think in the near future, a lot of, you know, sort of like, you know,
sort of like non-gamer or non-game-faced.
You can use Zebedee if you're not a gamer.
You don't have to touch gaming at all in order to use Zebedee.
But I think a lot of the things that Zebeddy has pioneered in terms of lightning
will be very quickly adopted by other wallets, which is great because, you know,
move space forward.
I agree.
I'm glad you brought up Zeus.
So awesome.
This is when I was talking about accessing my lightning node from Greece back in Canada
and seeing payments stream in from people listening to the podcast,
paying per minute and then paying my bills with it.
This was the app that I was using to access my node in Canada while I was on the opposite side of the globe.
And the refresh was incredible,
so much so that I made a new tutorial on Zeus that comes out on Monday.
So that like a perfect timing for us to be talking about this because the the Zeus wall of refresh, there will be a new tutorial Monday.
I think I'd like nine nine mine time, which is mountain time.
So anyways, yeah, I highly recommend.
It's incredible if you're running your own node.
And to the node point, I got to give a shout to Chris in the comments right now.
So he's he sent in earlier.
he said you guys let the over 50 crowd in here
I'm here to find out about lightning
and he's it sounds like he's fucking killing it
because he said
that he's just tracked down the parts
for a Raspberry Pi 8 gigabyte
and he's going to be building his own Bitcoin node
sir
fantastic good for you
I applaud you that's awesome
yes absolutely
build
build a node.
It's such a great,
if nothing else,
it's such a great learning tool
because you get to,
first you get the fun act of like
putting together like the pie
and the hardware and like getting a cool
little customized case if you're going that route.
You can do it all.
And it's very easy to put together.
But then you get to start like you can piece by piece
learn about tiny things you can do with your node.
Like the first,
natural one is, well, what's the point of running a node? Well, you you download the entire Bitcoin
blockchain so that you're not trusting somebody else to do it for you. And then you can verify
transactions. And so to do that, you connect a wallet to your node so that you're not trusting
the default node of whatever the wallet you're using was. So that's like step one. It's like,
oh, well, I have maybe Blue Wallet or maybe I have Sparrow Wallet on desktop or maybe I'm using Blockstream Green or maybe I'm using Insert Wallet that has that functionality.
And you say, well, you know, I don't want to trust Blue.
I don't want to trust Blockstream.
I don't want to trust the, you know, some random server that Sparrow connects to.
I'm going to connect to my own node.
And then all of a sudden, you're removing that layer of trust.
you're removing somebody else telling you what Bitcoin is and that you've received transactions
and what your balance is. And you're also removing the fact that you're kind of leaking your
transactional information to whoever is running that note. And then you to the topic ahead,
you can then start diving into lightning. You can start learning. Like, how does this actually
work? If I open a channel to somebody, like what is sufficient? What am I going to be doing? Am I receiving a
of payments as a merchants. Do I just want to make payments? Like what what is my motive here? Do
I want to route payments and maybe earn a few sats here and there? And so you dive down these
little rabbit holes based on what you're trying to do. And it's it you learn so much from the
act of running a note. And I cannot recommend it enough. I did a I did a video on how to run
an umbral, which I will say is still the most.
user-friendly node, like plug-and-play node software out there.
So you can look that up on the channel to search Bitcoin Node.
And I think it's like the first video that comes up on YouTube.
But then I also recently did a video on the Ronin Dojo, which is designed to be a back end
for samurai wallet and like all the privacy, like coin join world pool mixes and everything.
And then I've done a video on my node, which is another kind of been able to be.
implementation that you can use.
And then my next mission is to cover Start 9.
Start 9 Labs is doing, again, it's like your own personal server.
So not just Bitcoin-related stuff, kind of in tune with what Umbrole is starting to do as well.
But you can like, rather than using the cloud to store your photos, you can store them locally
on your own server and then access them from anywhere through an app.
So there's some interesting things going on there.
So, but yeah, absolutely.
I highly recommend running a node, Chris.
And kudos to you for being so curious and wanting to dive down this rabbit hole because,
I mean, that's what makes Bitcoin tick.
And the tinkerers that play with this stuff are the ones that make Bitcoin so robust because people get curious.
And through that, they gain self-sovereignty.
So hats off to you.
I'll leave my rant there.
And I think I'm going to use that as the.
perfect opportunity to segue.
And I will actually, before I segue
here into our last reason,
I will say I did a video on
Umbril, but I also did a video on
setting up your own lightning nodes. So if you're
curious about learning how to set up
those channels, manage liquidity
and all of that, that is
all available. It's a bit of a
beast. I think it's like an hour and a half long
because there's a lot to learn.
But yeah, go
check it out. I'll drop it in the chat
momentarily here.
both links and then yeah go i used that video to set up my lightning node
and balance liquidity and do all those things actually so thank you for that oh you on thanks man
i appreciate well it well i will convey the message to nate uh be for big and one on
twitter who works at voltage because he yeah he spent a good hour and a half two hours walking me
through how to do everything and that tutorial would not have been anywhere near as coherent without
out his help. So hats off to
Nate and voltage. So yeah.
But I'm going to leave
that topic there. We're going to
do a final rotation. Mark, I know
you're tight on time. So just draw me a message
whenever you got to dip out. That's cool.
But we're going to jump to P.
And dude, let me know what has you
feeling bullish this week.
I'm so glad you asked.
In order to prepare for this,
I'm going to
pour myself
a little bit more of a drink
and drink out of my goblet.
You're the right man to end this. Wow.
Yeah, this is great. I'm
loving the goblet. That's great.
And then light some $100 bills on fire.
Beautiful.
Yeah, you just got to burn that fiat, bro.
Just burn it.
Burn it all.
All right.
Yeah, man.
We're in a bare market.
And all the bullshit
happens in the bull markets. All the nonsense, all the noise, all the constant screaming of
shit coin apologists and everyone else and the fucking bullshit Novagrat's tattoos.
It gets one every time. It's in the bear markets that all the real work gets done.
The bare markets, the sideways markets, whatever the fuck we're calling this, is where,
the signal rises above the noise.
All the people who are here just to make a quick buck,
make a quick Fiat cuck buck, they drop off.
The Luna Terra situation, which is terrible for the people.
And like, you know, I make a lot of jokes about like,
oh, you get what you deserve and fuck those people.
Like, there are a lot of people who lost their life savings,
and that is really, really sad.
but also we all had to go through that process, whether it was this cycle or last cycle or the cycle before that, where we come to understand what Bitcoin actually is.
And that despite all of the claims of people who are deeply, deeply have the Fiat hand, you know, deep in their asshole, puppeting them, are just lying to us.
And it takes, you know, pain is an excellent teacher.
And it takes that those crashes, those shit coin just fiascos,
to really create the kind of next generation of people who are implementing the most amazing things on Bitcoin,
which is sound money and totally separate from everything else.
And there's already, we've got some incredible technologies that are being developed right now,
and that have been in development for a long time.
And now that the noise is dying down,
now that people are focused on trying to, you know,
quote unquote, prevent the next, you know,
taroluna and that's sort of this like weird flame
that the moths that are always going to be attracted to it,
are attracted to, it allows us and people that are actually into Bitcoin
to really do the work.
And so I'm super, super bullish on the work that is being done
in the Lightning Network,
on Bitcoin, the discussions that have been happening with, you know, around BIP 119, like, those are
really, really important conversations.
And they only really happen when people are not distracted by the price action.
So I could not be more bullish on Bitcoin as a life-saving freedom technology,
Bitcoin as a store of value in a world where almost everything else is being inflated away artificially.
I could not be more bullish on the technology behind Bitcoin and the amazing work that's being done in that right.
I love that.
The bear market brings the signal.
Couldn't agree more.
The signal at Bitcoin 2019 was through the roof.
got to say
you know
like people will see
whenever
whenever like
I feel like
Bitcoin 2022
you can
Bitcoin is very good
at finding the signal
so you just gravitate
towards it
and you like
if there's some bullshit going on
you're like
here we go
found it
yeah
but
I feel like
you're right in that
when
when like
an extended
bare market hits and I'm talking like more than a few months you know more than six months you need
like a year or more of like oh we haven't hit a previous all-time high and it's just been kind of
flat and not much is going on and people are disillusioned during that you know there's there's
the people that wanted those fiat gains that that have filtered out the shit corners that got
destroyed that are disillusioned um and then there's the shit corners that got destroyed
and realized Bitcoin only,
of which we've seen a whole bunch recently.
I've seen so many tweets like, hey, you know,
I really like this was it,
especially with the Luna thing.
They're like, yeah, Bitcoin only.
I'm just going to dollar cost average.
Like it's the easiest thing to do.
I don't think Bitcoin's going anywhere.
So why not just do this and sidestep all the idiocy?
And then again, like people just,
get their heads down and you go to an event during a bear market and the people that are there
are unshaken they don't yeah they don't they don't care they're like yeah yeah I'm working on this
cool like as if nothing like the the crazy ups and downs of bitcoin do not exist and they're like
yeah we're doing you know we're working on this it's awesome you know it's coming down the pipeline
we're doing a ton you know we're here for the weekend to to show this but then we're
we're back, we're back heads down and everything during the bowl market.
It's like, oh, man, there's interviews and there's all this stuff going on.
We can't build anything.
We basically just have to showcase what we already have.
It's difficult to get shit done in a bull market.
Dude, I was at a bit devs last night, and it was a little bit lighter than usual, I guess,
but there was like, oh, shout out to all the people who showed up to BitTems during a bare market.
And I was like, it did not even occur to me to not go.
Like, why?
You know what I mean?
But like, why would you even say that was meaningful?
Yeah, I was like, really, like people only come when like the price is up.
But of course, you know, we, you know, like the price doesn't get really get talked about amongst people who are actually building, you know,
you're like, look, I have invested my life in this thing.
What a concept, right?
Yeah.
The price action on a six-month basis means nothing to me.
I mean, kind.
I didn't realize it was that unusual.
I mean, it is unusual, I guess.
But yeah.
No, I totally agree.
I mean, also, you should come to Nashville.
The Nashville Bitcoin meetup is.
fire but all i hear is that nashville is completely fire it's i've heard that too you're not you're not
wrong the people that told you that did not lie to you the uh the new bitcoin park that uh we're building
out is incredible we're going to be doing dev workshops uh that's all sorts of cool shit that's awesome
i got to do i feel like 2023 for me is maybe because i started doing these like um why i say started
but I'm about to start doing these traveling workshops where I go to a city and I'm going to like the first round.
For real?
Yeah, man.
Dude, we got to talk because I actually have a note that's like my to-do items that's like reach out to BTC sessions about coming to Nashville and doing a fucking thing.
Yes.
Well, yeah, man.
So my initial trial is going to be Vancouver.
So I'm going to Vancouver and I'm doing two.
things. I'm doing a like a morning workshop, which is just like the basics of self-custody for
newbies, you know, like sending them towards like good places to get Bitcoin. And then like,
how do you get a wallet? How do you back it up? How do you recover it when you accidentally delete
it, which you'll inevitably do? And then like a little bit of hands on with like,
here's a plethora of hardware wallets and kind of what they look like and the pros and cons of
them. These will be your next steps. You're probably going to want to investigate what
hardware you're going to gravitate towards and grab one of these.
So that's kind of my goal for that.
But the afternoon is a deep dive on cold card.
So like everything about setting it up, everything about backing it up in a variety of
different ways, including like encrypted SD, just your seed phrase using seed XOR, all of that
kind of stuff.
And then like partially signed Bitcoin transactions with the SD card and like pass phrases.
basically like as much as we can cram into like a four hour afternoon is what it's going to be.
So I'm happy to say that the Vancouver one has already hit the point where it's economically feasible.
So it's just like how, you know, how much beyond that does it go, which is awesome.
I've still got it's going to be in July, like July 16th.
So there's still a ways to go.
But like the cold card one is half sold out and then nice munger.
And then we've got the like of the morning one for nubes.
I'm running some ads for that to see if I can grab some newbies in there.
But New York, August, potentially, that's in the plan.
I'm going to be in L.A. in November.
So I might try and set up one there.
And then 2023, if kind of what I see this year with those three potentials works out,
then I'm just going to fucking balls to the walls, man.
Let's let's go do a bunch of these in places where there's demand.
But we'll see.
Again, like I'll take feedback from people, but hopefully it makes sense.
What do you mean?
We'll see.
I'm going to call you by your first name, BTC.
You have created some of the best content that allows people to understand Bitcoin that exists.
There's nothing to see.
just come in there like dick swinging
slap it on the table and drop some amazing content
as you always do
your content is fucking incredible
let's uh
yeah let's keep it going man also
don't deprive the world of the content
how fucking dare you
that is so selfish also
you know you mentioned Vancouver and I didn't hear
anything you said after that because I just was thinking
to myself like why does BTC sessions
hate America
that's right
that's a great question it's more a question of
like escaping one's own country.
And some...
That sounds difficult to do.
That sounds like something you would say if you hated America.
Yeah.
Yeah, I very much plan on making the rounds throughout the U.S.
But yeah, again, it's just a question of economic feasibility.
It seems to be okay in Vancouver.
I did have one that was going to be going in Colonna,
but I discovered that with the...
population base there and kind of like even like running ads and stuff it was difficult to fill
those out so i've got to i basically got to focus on large urban centers not like you know places
where it's a little bit kind of spread out i've got to be a bit more focused and and honestly what
i'm learning is the deep dives the the complex topics seem to be more desirable than absolutely
So, yeah.
Yeah, there's, especially as we continue to, you know, as more and more people get into Bitcoin,
as more and more people create content around Bitcoin, it's the, the more nuanced takes, in my opinion,
that are the most valuable.
And again, as someone who deeply understands, I say this, you are someone who deeply understands,
like what it takes to create really effective educational content.
I mean, look, I'd be lying if I said I have not watched most of your videos as like, oh, shit, like, I got to, like, how do I, like, extract this value?
And then also learn a ton from you, like, very early on, like, in my Bitcoin journey.
And, yeah, yeah, I was so excited when you started, like, getting, like, deep in the Lightning Network hole.
And you were, like, putting out, I think, I was like, finally someone who actually can create good content.
Because I just, I mean, you're shit posting all the time.
People want to know if that's your $5 wrench.
This is my $0 wrench that I found on the side of the road.
I think it's a tool that is used for trains.
I live in the great state of Tennessee, and there's a lot of fucking trains around here.
And I also hear those things are great at extracting private keys.
Yes. Yes, exactly.
Anyway, this is definitely my $5 wrench.
It's when I used to threaten people.
I love it.
I'm going to pass it to Becca and Mark.
Thoughts on bare market bullishness of what's being built.
People getting their heads down and getting shit done.
Either of you can take this one up.
Maybe it's going to mark because you're shorter on time, actually.
All right.
I'll save my piece quick and then drop.
And then I don't know.
I kind of did.
I mean, I feel like, yes, it's the bear market, again, it reveals the signal is what it does.
And then you realize who the real ones are, who the ones are serious.
Honestly, maybe there were some that were just exploring and they weren't serious.
So there's, you know, like I said, it never occurred to me, not to get, you know, there's so much to learn.
There's so many things to read.
There are so many videos to watch.
I am still learning.
and I've been at this for way too long.
The idea of slowing down just doesn't even occur to me
and the price just is not the focus for people who take this seriously.
And maybe that's just the lesson.
And so, yeah, when you see how many people are remaining
and you realize how many people aren't motivated by price,
they're motivated by something else, super bullish, super, super bullish.
I love that.
Becca, how about yourself?
Bare market.
I'm bullish on the bear market as well,
especially considering I came into,
Bitcoin in the last bear market.
So I'm excited.
Yeah, yeah.
It's quiet.
Maybe I'll spend a little bit less time on Twitter, but probably not.
See, I'm super, I love when people enter Bitcoin during a bare market.
Because that means like they weren't, it wasn't so much a woo of, hey, like, number go up.
It was like, hey, what, what of the other qualities of Bitcoin are attracting people at this point?
Because right now, there's a bunch of people that are like, oh, it's down X percent from the all-time high.
And so that seems to be less of a drawing effect on newcomers.
And so then you get exposed, not only like drawn from for other reasons, perhaps, but exposed immediately to the deeper reasons as to why.
and so I find bit corners that are born
born into the darkness
yeah I was born in it
molded by it
those ones are the ones that
they're they're not tested whatsoever
when it comes to the bull and then the subsequent bear
they've already experienced it
and so yeah yeah I love that
I'm going to do Mark I know you
probably got to I do I got to go
So you guys are wonderful. Let's do this again.
I came in feeling bullish. I'm leaving and feeling more bullish.
So I'm about to see some people who I'm going to annoy, like, terribly.
They're going to be like, where did you just come from?
You are completely, I cannot handle you right now.
So thank you guys for that.
But yeah, continue on, please.
Awesome. Thanks, Mark.
Glad to have you.
Everybody else is watching.
We're going to do a quick round of final thoughts from everybody else.
myself included.
And I've got a challenge for the remaining between Becca and P.
I'm going to give final thoughts,
but then I'm also going to give a recommendation of a piece of content.
And for yourselves,
it can be something that you valued at some point during your Bitcoin journey,
a book, an article, a video or podcast,
a whatever it may be,
something that you found useful in your learning journey
about any aspect of Bitcoin or,
a topic that's tangential to Bitcoin, whatever it may be.
So with that, for my final thoughts, since we touched on,
and since Mark isn't here to touch on lightning further as a final thought,
I will just say if you're not exposed to it yet,
it's definitely time to take a peek.
And so what might those first steps look like?
you know, first is just get a Bitcoin wallet on your phone.
I don't care which one it is.
I have some preferences.
I think that Moon wallet that has been mentioned in this episode quite a bit,
M-U-U-N is an excellent wallet.
I have a full tutorial on that one.
And the reason I find that one so useful, again,
is it's just a single balance.
It doesn't differentiate between on-chain Bitcoin and Lightning.
So very quickly, you can send Bitcoin into it,
as a regular transaction, and then you can start interacting with other lightning wallets.
So that's worth a check.
You know, Blue Wallet is custodial, but, you know, it'll give you some practice there.
Zebity Wallet because of the Lightning Addresses.
There's a variety that you can try.
Breeze Wallet is one that we did not mention, but worth checking out, B-R-E-E-Z.
I got a video on that as well.
But there's a ton to try.
And if you're already semi-familiar with Lightning, but you want to be.
want to take that deep dive and get a little bit deeper, then it's time to play with a node.
It's time to set one up. And you can do that. I would, for ease of use, um, brul is super simple.
My note is great. I have not played with Start 9 yet, but I will soon. But again, for a quick
plug and play. And I should also give a shout out to run Citadel, which is a
fork of umbral i know this is like uh contentious with those guys yeah there's not enough uh
yeah yeah but it's it's a fork of of umbril so another option that's out there umbril um
and it's at that fork was in and around licensing and stuff like that so i won't go deep into
that but nonetheless it's worth mentioning there's a lot of options out there i'm currently
using umbril but i do have a ronan dojo running in the background right there you can't see it
because it's too dark, black.
But anyways, it's sitting beside my umberl node.
And I will soon have start nine going to.
Anyways, run a note.
Start down that learning path and then,
and then just start learning about like, what is a channel?
How's it work?
You know, what happens if I, you know,
spend on my Bitcoin from that channel?
Just start learning those basics.
And even if you don't use it long term,
the learning curve of that and understanding what's happening
with Bitcoin in the background in Lightning
will be great for you, in my opinion.
So in terms of, so that's my final thoughts.
In terms of pieces of content,
I'm going to give a throwback to something we talked about earlier.
Jeff Booth, the price of tomorrow, is just such a great read.
It's such a fantastic booth.
And to follow up that, there's an article from Jeff Booth called
the greatest game.
So the book,
The Price of Tomorrow is more of like an economic overview
of what's happening in the world right now.
And basically an explanation of why clown world exists
to Becca's earlier topic.
It is,
it is,
when you read it,
you realize of course,
of course clown world exists.
How could it not under the circumstances now that I understand what's happening?
Um, he doesn't talk about Bitcoin a lot in the book.
He mentions it in a, like one of the last chapters.
Excuse my, my, uh, camera going out for a second here, but he talks about it in one of the last chapters, um, briefly.
The follow up to his book, I would consider to be his article, the greatest game.
And that's where he outlines his case for Bitcoin moving forward and where Bitcoin's
place is in kind of this framework, this clown world that we've devolved into because of
fiat currency. So that's why I'm at. Those are my recommendations. Jeff Booth, the price of
tomorrow, and Jeff Booth, the article, the greatest game after you read his book. I'll leave that
there. I'm going to hop to Becca first. Do you have any final thoughts on the episode today?
Anything that you wanted to get off your chest before recommending anything you think is useful?
Um, yeah, final thoughts. I hope everyone enjoyed their sandwiches today. Um, and just leave me a review.
If there was, you know, too much ketchup or mustard or anything like that, um, I'd really like to know.
So I can then approve for next time. But, um, no, in general, uh, yeah, super bullish, awesome panel.
I'm very excited. Uh, definitely I'm, um, I need to get down and jump into the lightning rabbit.
whole so I want to thank you guys for you know kind of pushing me a little bit further um so yeah
I mean overall super bullish and content to recommend like for me I used to do like I was driving a lot
so I was listening to a ton of podcasts and I found like Guy Swan like I love Bitcoin
Audible so great he you know all the articles that he's always reading was a nice easy way for me
to kind of keep up to date with what's going on in the community um and
And some of the last articles that really stood out was like the Bitcoin is Venice.
And I think Brandon's article Bitcoin and like psychedelics or mushrooms like that one was really,
really good.
So definitely recommend checking out Guy Swan.
And then also, you know, the great and awesome content, the meme factory puts out.
So obviously.
I think some of them are in the comments.
Somebody wants to know if there's any other rabbit hole if you've gone down.
Yeah, yeah, yeah.
Well, awesome. Thanks for that. And we'll rotate one last time to pee.
Dude, any final thoughts on today and recommendations you might have?
Yeah, absolutely. I think when talking about lightning, you know, I was talking about Plebnet and we were talking about running nodes.
I think it is important to restate that when we talk about running nodes, we're talking about being the infrastructure.
operators. Like, I'm an insane person. Like, I have, like, all sorts of crazy shit going on all the
time. I have, like, multiple computers light everywhere. You don't need to be that person if you
want to run a lightning node. You can interact with the lighting network as an individual on your
phone immediately right now today. You can send Bitcoin for free, or essentially for free,
for, like, you know, fractions of a cent today, right now. So there's, like, I think of it, there's many,
many gray areas, but I think of there being like three broad categories of people that
interact to the lighting network. There's insane people like myself and like a lot of people in
Plednet who are like, we want to create and understand deeply the infrastructure of the
lightning network. We are going to be the telecom operators. We're running nodes. We're figuring
it out. We're playing these like strategic games with each other and trying to basically
they outsmart each other in terms of the fee structures.
Then there's people who are running businesses.
And they're like, yeah, I don't give a shit about any of that.
I just want to be able to have instant transactions
that where I can't be fucked with as a business person.
Nobody can come back and be like,
oh, I want to contest this credit card transaction
because I'm fucking with you and there's nothing you can do about it.
If you're that person, you don't need to worry about a node.
You can use something like Breeze wallet right now today.
You can go.
They have an incredible POS system, point of service system,
where you can literally just go in, open Breeze wallet,
and be like, you owe me this many sats,
and then you turn your phone around, they scan it,
and they can send you those sats.
Then there's people who are just like,
I just want to be able to send people sats on lining,
and you can do that with Breeze.
You can do that with Moon Wallet.
You can do that with Blue Wallet.
You can do that with any of the other.
systems we've talked about strike cash app all these systems support lightning so I think it's
important to say that you don't have to be like a deeply technical person or even care about any of
this to benefit from what lighting provides which is essentially instantaneous payments for essentially
zero fees and that's super important other than that I will say BTC sessions thank you for having me on
I don't think you are a very humble person.
And I think it is important to acknowledge the massive positive impact that you personally have had on the Bitcoin space in producing this educational content, which comes from a place of, hey, I'm figuring this out with you in real time while still having like super high production value and being very, very approachable.
And I think that that cannot be understated.
So thank you for everything that you do.
Thank you for being part of the community and putting so much I heard.
I appreciate that.
Very kind words.
I don't know what I want to do first.
Really quick, do you have any recommendations for content for people to check out?
Oh, yeah.
I totally forgot that part of it.
All good.
I'm a huge train of sci-fi.
I think that for me personally, a lot of the ideas that I've had as I have grown,
hatching out of an egg, a golden egg, or actually in New York,
and then the egg was carried to Northern California,
which is where I spent most of my formative years.
I spent a lot of time reading sci-fi, and that's informed who I am.
I think that Paolo Batchalupi is an incredible author.
Nothing to do with Bitcoin directly.
But I would highly recommend, you know, people talk, love talking about the mandibles, which is a fictional account, which we are all headed towards of what it is like, what it might be like to experience hyperinflation in the United States.
Paolo Batcheloupie is a science fiction author who is not into Bitcoin as far as I know, but has written books such as The Wind Up Girl, the Water Knife.
the drowned cities. I would highly recommend that anyone who is interested in Bitcoin start
with the drowned cities. It takes place in a near future world that is where I believe we would
be headed if not for Bitcoin. And I think there is a lot that can be learned from the water
knife takes place in Texas and it's in a world where water is the ultimate commodity. And we will
have to deal with that in the near future as well.
That's interesting.
This sounds up my alley.
Maybe I'll grab this before I go traveling tomorrow.
We'll see.
I cannot recommend it enough.
Awesome.
I love it.
I love it.
P, thank you for that.
There was one quick question from, well, a comment rather, yellow,
wanted to say that P with that mustache be like,
Mama, just run a note, put a sats on my hat.
channel.
Awesome.
I love it.
Yellow, thank you for that.
We've got some
queen vibes going on.
I love it.
Oh, wait.
Can I say one other thing?
Yes, absolutely.
I want to thank Chairforce.
This is his hat
that I'm wearing right now.
Both Chairforce and I have
autism.
It's an affliction.
And he was kind
enough to airmail me
this hat today
so that I could wear it
during this podcast.
and I mean the lot to me.
I want to represent.
I can't see what it says.
Hold on.
It says,
please be patient.
I have autism.
There it is.
Perfect.
It's beautiful.
I gave you the solo.
I enjoy that.
It's great hat,
man.
Shout out,
share for us.
Yeah,
absolutely.
Well,
guys,
thank you so much for being here.
I thoroughly enjoyed this.
This was an awesome, again, always awesome to speak with Bitcoiners.
And today was no exception.
And all your topics were fantastic.
And we got down some good rabbit holes here.
And hopefully people in the audience enjoyed it too.
Everybody seemed to stick around.
So, yeah, that says something.
So thank you guys very much.
And of course, you guys are welcome back anytime.
So, yeah, have a great weekend.
guys you as well thank you so much and you rock cheers all right i'm gonna kill your audio video
now i'll do my outro but good to see you guys um everybody's still watching dab uh everybody's still
watching thank you guys so much for being here uh again always the best part of my week i get to chill
out hang with awesome bitcoiners and just chat about what's exciting and there's always something
exciting in bitcoin so uh i appreciate all of you that we're in the chat uh coming on this friday
journey with us. As always, please do like, subscribe, share. All those things are super important.
They really do help the show. If you want to help the show in another way, you can hit up the
previously mentioned sponsors down below. Shake pay, leaden, bit refill, keystone, Bill Fottle,
they're all down below. You can click the links there. And if you really liked what you saw,
you can always drop me a Bitcoin tip at my strike page, strike.me slash BTC sessions. When you get there,
you can type in any amount you like, hit the tip button, you'll be greeted with a lightning
invoice, but if you're not down that rabbit hole yet, tap to the right, and you'll be graded
with a regular Bitcoin QR code. With that, I'm out. Have yourselves a wonderful day or evening,
wherever you may be. See you guys next time for your daily session.
