Tech Over Tea - The Sleepy Cast - Tech Over Tea #18 - AureusDenarius
Episode Date: July 2, 2020Today's guest on Tech Over Tea is a man by the name of AureusDenarius, he is a fairly new content creator on LBRY with a focus on the history of money and more general useful real world economic advic...e whether that be about how to purchase crypto or save a bit of extra money. ==========Guest Links========== LBRY: https://open.lbry.com/@AureusDenarius:7 Twitter: https://twitter.com/aureus_denarius ==========Amazon Affiliate========== ► Buy Anything: https://amzn.to/3d5gykF ==========Support The Channel========== ► Patreon: https://www.patreon.com/brodierobertson ► Paypal: https://www.paypal.me/BrodieRobertsonVideo ► BTC Wallet Address: 1Aokiv3pFQXUEmh2LbzZQAwxMvq6bpT2UN ► ETH Wallet Address: 0x80451867c86bdf08c3888d407c1e3fcb6add61ed ► LBC Wallet Address: bLRN9fm17sCexKfgbYqmMj5xskZF2ogpEh ==========Video Release========== 📚 LBRY: https://open.lbry.com/@TechOverTea:3 🎥 YouTube: https://www.youtube.com/channel/UCBq5p-xOla8xhnrbhu8AIAg DISCLOSURE: Wherever possible I use referral links, which means if you click one of the links in this video or description and make a purchase we may receive a small commission or other compensation. I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and related sites.
Transcript
Discussion (0)
Okay, welcome to episode 18 of Tech FFT. I am as always your host Brodie Robertson and today
we have a special guest on the show. I've actually been a big fan of his recent content lately.
He's a very new creator on Library. He's making mainly content about the history of money,
based on what currency is, various economic sort of videos like that,
economic education videos, and his name is Arius Denarius.
Welcome to the show.
Thank you very much. I appreciate you having me.
And can I just say, before we get started, you really gave my content a boost at the very start,
so thank you very much, and I appreciate that.
Oh, no worries, man. Your content is really good.
So it's nice to see good original library content, because there are good library creators, but a lot of them are
existing creators who came over from YouTube. It's nice to see good content that is actually coming out first on library.
Oh, thank you. Yeah, I didn't really do much in the way of videos before, but I
mean, I've kind of messed
around with the library platform before as a viewer, but nothing in terms of actually
producing anything and never really did much with YouTube.
So I thought I might as well dive in.
So how long have you actually been using library, not just as a creator, but actually just using
the platform in general?
Oh, maybe four or five months or so?
Okay, that seems to be when most people ended up joining.
I joined around December, I believe it was.
I mean, it's...
I'm trying to think where I first heard about it from.
I think it might have been through Scott Cunningham.
Do you know his work?
Yes, I do, yeah.
I've spoken to him a few times over DMs.
I do want to bring him on the show as well.
I think he would make a really interesting guest.
Oh, for sure, yeah.
He seems like a nice dude as well.
Yes, I think I was...
Sorry.
...with his videos.
Sorry, go ahead.
No, I wasn't going to say anything too important.
Go on, what were you saying?
No, I was just going to say that I read a lot of published 0x articles,
and I think I saw him come up,
and that's where I maybe first heard about him,
and then through him, I heard about Library.
Oh, yeah, okay.
That makes sense.
So for me, I was already an existing creator.
I think I started around July or so last year,
and then I ended up having a few people from the library
end up sending some comments to me and be like,
hey, come check out this other platform.
I came over.
At the time, it was a bit worse than it is now.
Any complaints you have now about the platform,
they were worse a couple of months before you joined.
But it's a good platform.
I like it.
It's got some work that needs to be done on it,
but it's definitely a good platform. It is, and what, I like it. It's got some work that needs to be done on it, but it's definitely a good platform.
It is, and what I really like about it
is that it doesn't lock you out of monetization straight away.
YouTube now has what, you need 1,000, 10,000 followers
or something like that?
It's 1,000 subscribers and 4,000 watch hours,
and the 4,000 watch hours need to be in the last 12 months.
Compared to what it used to be, it's definitely a bit of a barrier yeah it's it's a bit of a barrier but um i think a lot a lot of people make a bit more of a fuss
about it than they really should be because when you have less than a thousand subs the amount of
money you're actually going to make from your content is very very minuscule obviously unless you have something that is like a a massive success
you're going to make maybe maybe a dollar a month if you're lucky yes that's a good point actually
and if you have a tiny channel maybe two or three subscribers you could turn on monetization maybe
get your friends and family to click for you and try and right the system a little bit like that but even so it's
going to be for a like tiny amount well yeah it i don't know how much you could really convince
your friends to click on a video for you when what a thousand views in america i think is
six and a half dollars right now if you're on like a high monetization channel
yeah definitely wouldn't work so well but YouTube actually does depending on the sort of content you
actually do raise up the monetization rate you're at so if you were to do the content you did minus
the crypto stuff on YouTube you would actually be on like a 10 plus dollar CPM the crypto stuff on YouTube, you would actually be on like a ten plus dollar CPM. The crypto stuff would bring you down because YouTube
isn't really a big fan of that but economic stuff actually does pretty well.
I knew they hated crypto content, they've been on a mass stream of
bans lately. Especially around, just before you joined as well, there was the
uh the Crypto Purge on YouTube around January, December I believe. Oh I've had a few of them now.
It's so many demonetizations. Gotta be a bit more specific when I talk about Crypto Purges now.
Well I'm sure we'll have a good dozen more than this year. Oh yeah no, no worries about that,
especially, especially as uh
more countries are starting to pay a bit more attention to it rather than just let it be
something that people are just they can go deal with themselves once once people actually start
paying a bit more attention to it especially the government started paying a bit more attention to
it that's when you're going to start seeing some changes that's for sure oh definitely definitely definitely um i mean
would sure i think what was it was trump saying according to this guy bolton i suppose uh that
he was planning maybe a ban on bitcoin i didn't hear about that
yeah i think i think that you know the uh i forgot what his role was, some big war dude, John Bolton.
He was fired by the Trump admin, and he is leaking all this classified information,
and he's trying to claim that Trump said he wanted to ban Bitcoin outright.
Yeah, I haven't heard anything about that, so I don't really have much of a comment on that,
but that would be a bit of an interesting turn, that's for sure.
Oh, absolutely. Absolutely.
Because once the US does it, then a lot of other countries will probably tend to fall in line.
Now, obviously there will be ones that ignore the US, especially their...
What's the word I'm thinking of?
The... their uh what's the word i'm thinking of um the the countries they're antagonistic with what's the word for that
why am i blaming on this word uh me too um you know what i'm talking about like countries like
china and russia adversarial yeah there's something like that anyway the countries like that they're obviously not going
to follow along suit with what um with what the u.s does unless obviously they saw some some value
in doing it themselves but places like australia canada they would end up following pretty pretty
quickly along with what the u.s does i believe it's at least partially banned in China and Russia already.
Okay.
So if it was in the US, I could see them just making it completely legal just to say, F you.
Let's hope that doesn't happen.
I don't have a ton in crypto right now, but let's hope that doesn't happen.
No, I can't really see it happening.
You can see they probably want the taxes on it too much,
so they'll probably try and put all these different regulations in it
instead of banning it.
Yeah, that seems like a more likely outcome for sure.
Because even when you do a crypto trade,
let's say you went from Bitcoin to Ethereum and then back again,
that's a taxable event.
So you're going to pay taxes on that, even though you're already losing a chunk to fees and so on.
I know they have no way of actually tracking whether you do or not, but I'll leave that at no comment.
Yeah, well, there's definitely ways they could track it a bit more than they do.
It's not like the Bitcoin blockchain is private or anything.
You can very easily track every single transaction that happens.
Exactly.
It's just tying it back to the person who actually made the transaction that could be a little bit more complicated.
As soon as you identify who they are, then it's much more easy to follow along.
And I'm sure that every government in the world
will very, very happily take the tax income
that they're missing out on right now.
Oh, without doubt.
And I think it's only going to ramp up
because did you hear the announcement yesterday?
I think it was.
So PayPal and Venmo are now looking to start offering crypto services.
You'll be able to buy a Bitcoin directly from them.
I heard something about that a few months back. I didn't know that was actually happening now.
It was rumored for a while. I think CoinDAO announced it yesterday.
So it seems to be happening.
Okay, well that's an interesting turn for sure
because it's definitely gotten a lot easier
to buy Bitcoins, that's for sure.
I'm still fairly new to crypto,
so I wasn't around when people were using
some of the older exchanges,
but I've been...
I'm blanking on words.
This is going to be an interesting podcast.
We're both really tired right now.
It's just after 3am.
Yeah, it's going on 6pm here
and I already recorded two videos earlier today.
So we'll see how this goes.
Anyway, there's apps like the Cash App
where you can just buy Bitcoin
without even really needing to think about
what you're actually buying.
And there's obviously how easy
some of the exchanges are to use now. I don't know any American exchanges that are like
this but there's one in Australia called coin spot which is a spot exchange that
we really don't even know anything about crypto you can just deposit some money
in it buy it by some Bitcoin and then having PayPal get involved that as well
make it even easier for people yeah Sure, yeah. I mean, uh, Coinbase and
Crypto.com are two of the big ones and once you get past the KYC part you can
you can buy instantly. It's like that. The KYC seems to be the thing that turns
away quite a few people but I understand why it's there. It makes sense why they
have to do it but I can see why some people would but I understand why it's there. It makes sense why they have to do it,
but I can see why some people would be turned off by it for sure.
Oh, definitely.
I mean, if you want to go completely anonymous, completely private,
try and find Monero or something like that,
because that's what that's for.
Bitcoin, I mean, it's pseudo-anonymous, like we were talking about earlier so if you're hoping to use
it to launder money then you could find something a lot better bitcoin's probably not for you in
that case yeah if you want to launder money i'm sure like what just it would be easier to launder
money in gold to be honest like like at least with gold it doesn't have a like a
physical link in the blockchain that you can just be like oh yeah this the bitcoin went from here to
here to here to here at least with gold there's a you can move gold around without actually noting
down the trades properly exactly if you can buy it cash in hand somewhere somewhere that doesn't
make a note of it.
I think some coin shops actually have to report transactions of a certain value, but if you
buy trace amounts, keep it in coins, hide it somewhere in your house, even bury it as
people are known to do, then they'll never know you have it.
Yeah, it always does amuse me.
It always does amuse me a little bit when I see
like you see
various
the channel I watch who does a dark web series and
Basically, they'll go on like random
Sketchy websites and they'll go across like drug websites and hitman websites and always asking for payment in Bitcoin as if that somehow
So as it it's safer than just paying
with a direct bank transfer or anything like that.
It's not like you're not going to be caught
if you did do a transfer like that.
The Silk
Road guy, the one that's in jail,
I can't remember his name off the top of my head, but didn't
he get, weren't you able to verify
his transactions to a supposed hitman?
I think the hitman
in that case was a scammer trying to get some money out of him.
That would be most of the hitmen, to be honest.
Yeah, definitely.
But I think you were able to verify
the transaction he made
to try and order a hit on somebody.
Well, when you have that much money,
surely you've got to do something with it.
How much money do you really need? Just start calling hits on people. You've got that much money surely you've got to do something with it like how much money do you really need?
Just start calling hits on people. You got too much money anyway, whatever
That's not don't do that if anyone here is a millionaire don't actually call a hit on someone that was a joke
Particularly not us. Yeah, I'm quite good with not having hit on me. That would be nice
Yeah, I made it this far
So what actually got you into making content not just making content specifically about money Just what got you actually making got you into making content just in general
Well, it's never really about the money even though my videos are about money ironically it was more
i wanted to try and make something that could educate people but be digestible that's why i
tend to do shorter videos i don't do maybe two hour long ones as much as i love watching it i
think it's easier to get a point across in maybe 10, 15 minutes and have it stick better.
And I watch a lot of Mike Maloney's videos.
He's very good.
He's got a series called The Hidden Secrets of Money.
It's a lot more like what I do, but in a much bigger scale and a much more market-focused approach.
So I kind of want to do something more accessible. And I thought, where better to start than just the question, what is money?
So that was my first episode.
And then after that, it kind of just expanded from there.
From what I've seen, you have kind of two different types of content on your channel right now.
You have the history of money.
And then you've also got your other content which is more of the
uh i guess the general education stuff for things that are important for the real world right now
so like how do you buy crypto how do you save extra money things like that but that's at least
how i look at your channel no i think that's a good way to look at it i've got a i've got a more
historical education focused one and then a more practical solution type.
That's a good thing, actually, yeah.
The more practical solution was,
in my own files, I name it just my general discussions.
It's not really named as any proper source.
But if I think of a topic, I'll make a video on it
and just kind of freeball it a bit more.
But the story of money ones take a lot more planning, a bit of research and all.
And you would be surprised how long it takes for me to actually get all those images together
and make sure I can actually use them with permission.
That would be another big problem, wouldn't it?
I didn't even think of that.
I try to find as much open source not sorry not open
source what we're talking about um creative commons uh that's the one that's the one
yeah try to find as much of those possible maybe go to places like shutterstock and make sure i can
download them and all that but sometimes i get completely stuck and just think
okay i need a picture of a coin just just go onto Google and it'll do.
Hopefully that's okay.
If anyone wants me to take it down and change it, I'm happy enough to do that.
Yeah, that's one of the things that I think is going to hit a lot of people in a couple of years if Library does stick around.
Because there's a lot of people who are doing what was happening
in the early days of YouTube, where they'll just have random music
in the background, or they'll use images they don't really have the rights to.
And right now, the only reason no one's really coming after people is because
library is still such a small platform. But if it does keep growing, it will become a bit of a problem.
That's actually a question I'd like to ask you about. So there's the library protocol
and that encompasses their blockchain, but then they've got the library protocol and that encompasses their blockchain but then they've got the library
website and their platform so what i've heard is and see if you can verify this for me if you take
something off of the website or the app you can still access it from the blockchain is that is
that right am i understanding that correct uh yeah so the at least the way i understand it once
again i actually so i don't work for the team or anything like that.
I just have a direct line to the team.
I've talked to them for quite a while about this stuff.
So the way that I understand it is you have your application layer,
which also has things like your search algorithm
and various things like that,
that actually, I guess, crawls across the blockchain
to work out what content is on there.
And then, because, geez, this is going to be a fun one.
So it crawls across the blockchain.
And what's actually being stored on the blockchain is basically a link to where the content is actually being, I guess, located.
Similar to what you'd have with like a BitTorrent address.
So you're not actually storing the video on the blockchain that would be a horrendous use of the
blockchain um what instead you're doing is the very big yeah yeah it'd be a little bit uh people
have tried it before it's not a good idea you get a really slow blockchain by doing that um
so crypto kitties so what was that crypto kitties Sorry, what was that?
CryptoKitties It's almost like a trading card game
On Ethereum
Trading these little pictures of cats
And it completely congested the network
And it made the fees shoot up
I think it was like $50, $60
At one point
For a single transaction
Oh, geez, okay, yeah
That's what can happen
it gets even worse if you do video obviously uh what was your original question again i don't
remember um what's the difference between the protocol and the platform right right okay so
the protocol is basically includes the blockchain and i'm not
and the protocol is basically the uh the delivery method of how to
how the content is actually sent around so similar to how something like basically think of it like
how bit torrent works it's pretty much the same concept and then the the application is the i
guess as i said the application layer so you have your website you have the app the desktop app and
that's how you actually access the content but if it's being blocked in the application layer, so you have your website, you have the desktop app, and that's how you actually access the content.
But if it's being blocked in the application layer, then if you were to have a direct address
to the actual content, you still would be able to access it.
I think that made sense as an explanation.
Probably not.
It does.
It does.
So it means that Library, the company, can kind of remove themselves from responsibility a bit.
They can say, if there's copyright material, okay, we've taken it off our platform,
but even if it's still accessible by a direct link, it's not really being hosted by Library.
So they're able to kind of say, oh, that's not us anymore. That's peer-to-peer.
Yeah, so Library is trying to take more of a platform approach rather than being a publisher
So they will still take it stuff down that is in violation of US law
So there actually has been a couple of cases where content has had to be taken down
Specifically, there's a there was a porn studio a few months back
who got really annoyed that there was a lot of channels just re-uploading their content and filed like 10 or 20 DMC
takedown notices.
Wow. I can see how that can be a problem because it could be theoretically quite easy to just
download a bunch of people's videos from YouTube, big names, stick them up and also like I said,
porn as well. It's very, very easy to cross the copyright issue there well just a personal
issue with myself someone had taken one of my early videos i did i think it was talking about
just library in general and they just re-uploaded on their channel and was like oh yeah i made this
like no you didn't wow what's come back at least back then I don't think viewtips were enabled,
so they didn't actually make anything off of it.
But it was still a bit annoying.
Oh, I totally get that.
I mean, I've probably got that coming myself at some point in the future.
Especially with your more...
I don't know if it will happen too much with your historical content,
but definitely for explaining how to get into crypto and things like that.
I imagine someone's probably going to take the content and be like,
this is mine now.
It reminds me of that meme.
Someone walks up to another guy and says, I made this.
And he walks away.
And the other guy says, I made this.
Always made me laugh.
So since we're on the topic of library,
what do you actually think about the platform in its current state?
I know it's kind of a general question,
but are you actually liking the state it's currently in?
I don't know.
There's probably something I can format as a proper question there.
No, no, no.
I get the question. So I've got a fair few things I can format as a proper question there. No, no, no, I get the question.
So I've got a fair few things I can compare it to. I've got obviously YouTube,
BitChute, and DailyMotion and all those. You can tell by the layout of something like
BitChute that it's gonna struggle to hit the same sort of mainstream appeals YouTube but I think even just from an aesthetic standpoint library looks a lot more
user friendly
So I think it's got a lot going for it when you first get to the home page. That's a great start
But obviously it still needs a lot of work in terms of features like notifications
But I did know I know they're working on that and and that's going to be one of their next things.
I think I've seen some previews on their Twitter account.
Yes, they are very much in the works for notifications,
so that should be...
I'm not going to say next update,
but maybe the one after that.
How often do they do updates?
Would it be a monthly sort of thing?
They don't really have a timeframe for it.
Library TV tends to get the updates first just because they can just relaunch the build of the application so that one tends to get the new features
bit quicker than the the desktop application does. I'm not sure which one
you use it Library TV or the Library desktop app? A bit of both but mainly the
Library.TV. Okay yeah so that ended up getting the MoonPay feature first,
and then I think maybe it was two or so weeks later
it came over to the desktop app.
I think desktop app is usually maybe once a month,
maybe once every month and a half or so.
I don't think they have a proper release schedule.
It's more about when it's ready, it'll be released.
That makes sense. I mean, it's a good way to beta test it. Just test it on the website first,
let it run for a week or two, and then you can send an update out for the desktop application.
Well, the nice thing...
Makes more sense.
Yeah, it definitely does make more sense, that's for sure.
The nice thing about doing the custom... the custom, the different streams of the application,
so you have the Android app, you have the desktop app and library TV,
is it's much easier to actually beta test features that maybe aren't good features,
but they kind of think, maybe this might work.
So things like, I don't know if you've seen it or not,
but on the Android application, they've been testing out paid comments.
So basically they have a little fee that you have to pay to actually post a comment.
I'm going to say something completely heretical. I use an iPhone.
Okay, well, you're never getting an iPhone app. I don't know.
It'll come eventually. I mean, to be fair,
library.tv works fine in the browser on the iPhone.
But no, I'm sorry, no.
I've not seen that feature, no.
Okay, yeah, okay.
On the Android application, they're testing out paid comments.
I think initially it was being pegged to like 25 cents.
And people were like, no, this is bad.
Don't do that.
It's funny because there's a...
Do you know Bitcoin SV? Yes, I know know of it i don't know too much about it
there's an app built on that called twitch and their whole thing is you pay to post it's basically
twitter but paid so every post is like five cents every like is maybe one cent two cent and it kind of functions based on that way
and it was growing very fast for a while but i think it's kind of stalled a bit because
it's hard to kind of onboard people when the first thing they see is paywall
so if it's if you're doing paid comments i can see why that'd be off-putting particularly if it's
25 cents a comment.
I think they've lowered it down to like 5 cents or something now, but still, I'd be entirely fine with it if they just let it be up to creator controls.
If I want to make people pay for comments, let me make people pay for comments.
If I want to make it free, let me make it free.
I completely agree.
I completely agree.
Leave it up to the creator.
I think the, well, the reason why they did did it is because I'm sure you've seen this,
especially as your channel's been growing a bit.
There is lots of spam on library.
Well, 100%.
I've got random posters of scripture, which I'm okay with.
I have seen that, yeah.
Weird.
And you'll get a lot of people just saying,
good job, and a thumbs up,
and then you'll find them having posted the exact same comment
on a bunch of other new videos.
You can tell they haven't actually watched it,
they're just posting to maybe get a follow back
and get some rewards out of that.
Yeah, there's an interesting way I've seen the follow back being done recently.
They post a friendly comment, and then they've seen the follow back being done recently. They post like a friendly comment
and then they'll embed
the invite link within that comment.
So if you click on the comment,
it takes you to the invite.
Oh, sneaky.
I haven't seen that yet,
but I'm sure it's coming.
Sorry?
Sorry, I was just saying
I haven't seen that yet,
but I'm sure it's coming.
Yeah, it'll definitely come.
Because you're at nearly 1,000 subscribers now, I think?
I'm at 930.
930, okay.
Getting close.
Growing fast.
I'm trying to get you onto the top 200 creators.
It's slowly happening, but also top 200 is growing very quickly.
It is, it is.
There's a lot of good people on there.
A lot of people I would never have found
on YouTube.
You know the website, Libraronomics?
Yes, yeah.
I've scrolled through there
quite a few times, and
I see names.
It's a random channel.
I see a name. I'm like, I wonder what they do.
Look into it. Wow, great. So many of them. It's something you just never find on YouTube, actually.
I just realized I have my video view. I can actually just show Librarianomics on the screen right now.
Oh, cool.
Yeah, so the top 10, even the top ten, we have like Bombard's Body Language, I've
never heard of this channel before, but apparently they were already really popular outside of
Library, but I've never heard of them before.
No, me neither.
That's number three on the list, isn't it?
Yes.
Yeah, okay, technically number one, because the Library channel and Library cast don't
count.
Library doesn't count because they auto-subscribe people.
Of course, yeah.
And library
cast is auto-pinned to the homepage
so I'm not going to count that one either.
So technically Bombard is number one right now.
And then
even CryptoHustler101
he was on your show a week or
two ago, was it? Yes.
I hadn't heard of him until I came to the library.
He does some good stuff.
I think he made some content on YouTube.
I'm sure he did, yeah.
But it's just so much harder to find
because it's a much more saturated space.
Absolutely, yeah.
Especially in the crypto space for the sort of content he does.
Because there's so many channels that are like i'm going to do a crypto update like you're going to do something different to definitely
stand out from that that's for sure i think that's kind of the approach i wanted to take when i was
going in there's a lot of videos on crypto and it is something i like to talk about and want to talk
about but i don't want it to be my sole focus just because it's probably been done and it's probably been done better than what I
could do so well you could always this is probably already been done as well
done to death but you probably also go into like the history of crypto and like
how that ended up starting up but just doing the regular crypto updates it's
not really I get why people do it it's easy updates, there's not really... I get why people do it. It's easy content,
but there's not really much to be said there.
Yeah, it's such a volatile market.
You could say,
today, oh, the market's up.
Tomorrow, you say, oh, the market's down.
Next day after that,
oh, market's up again.
Oh, market's safe now.
No, we're fine.
You know, you get the point, I think.
But the other good thing,
obviously, there's the channels
that no one's heard of being on Liver library but it's nice to see there's so many
channels that actually are popular on youtube that are over here now so um i don't know if
you've ever watched his content but evblog he's a uh basically a electrical engineer who is from
sydney and basically just makes random videos going over pretty much a lot of his stuff is going over scam electronics on places
like Indiegogo. I haven't seen that but that sounds like something I'd be
interested in I'll definitely take a look. Like he did one recently
about like a 5G bio shield built into a USB or something like that.
Whoa is that, I think I've seen that before.
That was a big story a couple weeks back, wasn't it?
Yeah, it was.
I think even the UK government or something was recommending,
or some UK government branch recommended people buy it.
Of course.
But besides that, we have, like, for politics,
we have Timcast and Red Pill Philosophy and other various channels like that.
And even just, like, educational stuff, like MinutePhysics.
I think MinutePhysics was the reason why I actually decided to make my library account.
I was like, why is MinutePhysics on this platform I've never heard of before?
never heard of before.
I mean,
I find it's very easy to find people on library once you go to library,
but on places like Bitch,
the discovery is
very hard to navigate around.
Maybe that's just me, maybe I'm just not very good at it.
Well, no, the problem with
Bitchute is its search engine
is very, very basic.
It's pretty much just like a
keyword search, nothing more than that. Yeah, definitely. BitChute is it's search engine is very very basic it's pretty much just like a
it's a keyword search nothing more than that yeah definitely so i think even if you spell like if you were to search for my account if you spell my name wrong you won't find it
i'm going to test that right now yeah i might be completely actually you know we're going to test
it actually i'm going to open up BitChute first, just in case there's anything I shouldn't show on the screen.
Just in case.
Okay, now I'm logged in, so you don't actually see anything.
Cool.
Let's see.
So...
I'm going to spell... Just get rid of the last part of my name.
Yep, you don't find it.
If you just don't spell it exactly correctly, you don't find it.
I bet if you put it in the library, it'd be one of the first things to come up.
Yeah, it was actually a problem for a little bit where it didn't come up.
Actually, I just realized I wasn't even showing it on the screen.
Whatever.
I'll show it on the screen now.
Yeah, it's not actually being, it's not coming up if you search my name.
But yeah, on library for a while, I think even if you search for my channel handle,
it wouldn't come up.
And that was, yeah, it was a problem they had early on with the way they were doing
their search algorithm, but they dealt with it pretty quickly.
Oh, that's good. At least they're very quick to respond.
Yeah, even at the time, I think at the time I was maybe only had like a thousand subscribers and they were like, oh, yeah, that's cool.
Because the platform is so small, there's actually people there who will listen to people who have
Like actual complaints about the platform unlike YouTube where if you're a thousand subscriber channel, well, good luck getting a response
Yeah, you're small fry and YouTube if you're out subscribers, but on library you're
Probably top four or five hundred maybe
That's probably right. I know that top 200 right now is
2000 and i'm actually really excited because top 50 is about to go over 10 000 which is
absolutely insane
follower goals it's not like follower goals really mean too much because i have noticed
views are going up recently across like all of the
channels so it seems like more people are using library on a more frequent basis but even though
i have 10 000 subscribers i still tend to get maybe three or so hundred views a video whereas
on youtube if i was getting like 300 views on a video and i had 10k subs there's no point uploading a video that day yeah yeah definitely
the what would you call it i suppose exchange rate between followers and views is better yeah i think
it will the reason why people mainly stick on youtube one is obviously because they're more
comfortable with it and they're just it's kind of habit but also because all of their creators who they watch are on youtube
so they can just say i want to watch i want to watch arias's video today i want to watch this
other video on this other video so they don't have to leave the platform they can just keep
watching stuff in the one place well not just that as well it's it's convenience because so many
games consoles and smart tvs have a youtube app built in so you don't turn it on
a computer just sit on your couch turn on TV there you go there's YouTube yeah we haven't
got that for library just yet yeah you can still use library TV on like a PlayStation or something
like that but it's not as good as having a native application. Yeah, exactly.
Let's see, what do I have on this list?
So what actually got you into wanting to talk about money on your channel?
Well, see, I've been into cryptocurrencies
and gold and silver for maybe three, four years now.
Just before the massive bull run in 2017 that's
when i got into crypto so made a bit of a profit out of that and then the interest kind of hung
around and the more i kind of dived into it because it was very surface level back then i
just kind of bought it based on the hype rather than actually understanding it and the more i
started to understand it the more i
started to look into money itself and then i listened to a lot of peter schiff who is also
on library now which is funny considering he's very anti-blockchain and then i listened to a
lot of mike maloney and various other crypto tubers and it really kind of made me think okay so money is this big thing
we all use it we all talk about it we don't really understand it and then i wanted to understand it
so i started researching a bit and then i kind of had a bit of a knowledge base from that so
whenever it came to the point of thinking,
you know what, I'm going to start a channel,
I'm going to start making some videos,
then it kind of seemed like an obvious topic for me
because it's something that wasn't completely overdone yet
and it's something I knew enough about to be able to talk about
without having to dive crazy into learning a brand new topic.
So I thought that was probably a pretty good place to start.
So by judging by what you just said there,
you're thinking of maybe expanding out into other things as time goes on?
I would say expand it a little bit,
but I still want to have the core focus of the channel
as something to do with money and currency.
Even if I move more let's say i get maybe 10 15 episodes into the story of money and i've kind of exhausted some of the
historical aspects that are the most key then i could maybe move into cryptocurrency because
that brings us to more modern times but at the same time, I still wouldn't really want to give up the whole
historical aspect, because I think that's
kind of what sets me apart. Keeps it a bit more
unique.
I definitely
hope you do keep that up, because I am enjoying
the series, that's for sure.
Well, more to come.
I just released my last
episode yesterday.
I watched all five episodes just before we started
Recording the podcast
Ah cool
I'd seen the third episode
That was the one that Library
Had promoted on their Twitter account
But I hadn't actually gone and watched the other ones yet
Yeah it's what kind of made it
Explode a bit and then I think that's when you
Made the support for me
And that really boost Which which, again, I really appreciate that.
Thank you.
I don't know if I'd be anywhere close to what I'm at now without that.
Well, I actually do have a subscriber who likes to go around boosting random channels.
I don't know why he bought this much, but he's got a couple hundred thousand LBC.
And he just puts supports
on people's channels, so I might give him a message, see if he wants to support your content.
Oh, that'd be amazing, thank you. So I think, I think the last guy who had it on was a, um,
one of my patrons by the name of Donald Fury, who makes a lot of Linux-y content, a lot of
kind of, like, gaming content as well, and he was only at maybe, I think, two subscribers when I last checked.
And now I think he might be at like 100 or 200.
That's pretty good percentage growth.
Yeah, and obviously because supports don't actually cost you anything.
If you... I don't know, just...
I think that's one of the nice things about Library.
It's... I do have my complaints about the way the support system does work,
but it is nice that you can actually talk to someone
who's maybe a bigger creator or maybe has a bit more LBC than you,
and if they like your content, they can say,
okay, well, I like what you're doing.
I'm going to boost you up into trending,
which just isn't really possible on something like YouTube.
Yeah, without doing maybe a video shout out or something and or guest appearances you can even if you want to do a support you can do it completely anonymously and say without having
to actually endorse anybody you can just say okay give them maybe 10 000 50 000 whatever
for maybe a day see how they do and then they're none the wiser as to who helped them
out so it's it's got various good aspects to it but i do have a few issues with it at the same
time because of how it can end up dominating various search results even if there's content
that's a bit more relevant that should be up a bit higher yeah early on there was a lot of problem
with people doing tag abuse and then boosting stuff up into trending. So they would say like,
I don't know, some random crypto video and then tag it as cars and tech and various other things
that it's not about and then just boost themselves up in trending and get a bunch of views they
shouldn't be getting. Yeah, I could definitely see how that would be a problem. I suppose even those porn videos you mentioned before that were copyrighted,
and you could stake Bitcoin in that and have it be up top.
There was a lot of problems early on with porn not being tagged properly, and
you'd basically just get it appearing on the homepage. So people would not tag it
properly. I think at the time you only need to put like 40 or 50 000 lbc on it and that would get it onto the
home page wow they did deal with it really quickly though because it's a pretty bad look to have that
on your on your front page oh for sure if it's a young kid was using it and apparently passed and
saw the porn just sitting on the front page like They'd be like, never use that again.
Yeah, that's why there was a lot of discussions early on about actually separating the porn out into a separate application.
I think those discussions have kind of died down now that the stuff's actually getting tagged properly.
But that was kind of why that discussion had even come up, really.
I think another good thing is that the more creators come to library the more the
porn would probably get kind of flooded out it'd be diluted down to the point where it'd be quite
tricky to find find unless you actively search for it well yeah when i first joined i think there
was maybe five or six porn channels on the top 200 creators but now wow there's not a single one
there they've all been
kind of flushed out by the people who actually make content
and that's a good thing i think definitely no i think definitely yeah it's definitely a good
thing that we have a lot of good content coming to the platform that's for sure i'm i'm very excited
for where it's gonna go because i, even just looking through the top 200,
there's a lot of names from YouTube that I would actually watch on a day-to-day basis.
So seeing that they're all moving to library as well, it's encouraging.
It makes me kind of want to focus more on that as well.
Yeah, I do still see a lot of value in YouTube.
I know a lot of people on Library and a lot of these alt platforms
don't really want to say that YouTube has
really any value, but it is
still the biggest video platform in the world.
It's how you're going to get people over to Library.
Exactly.
It's great to have a big
platform on Library, but
those are people that are already on Library.
If you want to expand the platform, you need to be able to have
a bit of a following outside to bring to it. So it definitely has a lot of value in that regard.
Yeah, on my YouTube channel I have about seven, what am I at now, 7.1 thousand subscribers,
which I don't know where those came from. I was only at like six and a half the middle of last month,
so it's been growing pretty quickly lately.
Very good.
Yeah, I don't know what i've done
i i don't know something happened now it's boosting up pretty quickly but
i think well a lot of my early start on library was because i had the youtube channel because
i the reason why i got a start on youtube was around i think the start of this year so around
january or so one of the bigger linux, I think he had maybe 70,000 subscribers at the time,
he gave my channel a shout-out, and that boosted me all the way up to 2,000.
And along with that, he'd also shouted out library in that video as well.
And because he shouted out me and he shouted out library,
my channel on library jumped all the way up to like 2,000 or 3,000 subscribers,
which is
absolutely crazy so that's that's the sort of power that a big channel can have when they
actually do shout something like this out exactly and library for all the good it's done it doesn't
have like if the channel on library has 10 000 followers that is huge. But if somebody on, like I said before,
YouTube has 10,000,
it's still good, but it's not
massive.
So someone with 70,000
being able to shout out, that can leave
a huge impact, as you saw.
So I think
the more huge creators
over on YouTube, in the hundreds of thousands,
more of them that kind of give library a bit of attention,
the faster and bigger the platform is going to grow.
Well, yeah, I was saying about EEVVlog before,
I can't remember how many subscribers he has on YouTube.
I think it's in the realm of like 600,000 or 700,000.
Give me one second.
That's pretty damn good.
730,000.
Wow.
He has been going for like 10 years though,
so I'm not too surprised.
But there are other creators who have...
Sorry?
I'm just saying he's definitely dedicated.
Yeah, for sure.
I don't know how long...
He's got a series called like...
I think he just calls his main series EV blog
and he's got 1300 episodes of it
so that's been going for a while
wow
someone I follow
Stefan Molyneux
he's been going on YouTube since
it's also been a good at least 10 years
and he's moved over to the library as well
not moved over I keep saying moved over
he's on library 2
I only heard about Stefan Molyneux in like the last and he's moved over to the library as well. Not moved over, I keep saying moved over. He's on library two.
I only heard about Stefan Molyneux in like the last two or three years.
I didn't know he'd been around for that long.
Quite a while.
I think I first maybe started listening to him in 2015.
But obviously there's a lot of stigma around him at the same time,
so it can kind of be off-putting to people who don't really know much about him.
Yeah, for sure.
Let's see what do we have on the list? So in one of your videos you talked you had
an example of the purchasing power of currency and the example you used was
purchasing a house so you talked about how the
price of a house i guess effectively come down because in the past it was 300 and something
ounces of gold or whatever it was and then it's come down to like 200 or so
so i think episode two? Something like that, yeah.
So that, I would presume, would have to do with the improvements in things like manufacturing ability and the ability to actually create the material that would go into these properties.
I mean, it's certainly possible.
into these properties?
I mean, it's certainly possible.
I wouldn't say I would know the definite ins and outs of it,
but in terms of fiat currency,
it's much more costly to buy a house.
But in terms of gold, it's much cheaper.
So what I would kind of maybe take from that myself is that it means that wages haven't increased in the West the way they would have increased in the past.
I could be completely wrong, but that's just kind of what I took from it whenever I was looking into it.
But definitely as the manufacturing process changes, like materials become cheaper, you can use different substitutes that don't need to be like i mean like there's various different wood types you can get it don't need to be
like sturdy oak anymore there's various mixtures they can do to put down different floorboards and
so on so definitely that would be a part of it i mean even if you look at bricks these days like
previous bricks if you look at all the old European houses, they would have a lot of very heavy stones that have been carved.
Whereas now, things like red bricks and those gray, kind of grainy bricks, they would be used a lot as well.
And they're much, much cheaper and much easier to produce.
So definitely an aspect to it.
So definitely an aspect to it.
That at least to me seemed like the most,
I guess the simplest explanation for why that would be happening.
But I guess that also makes sense that you'd also have the wages not increasing also being part of it.
And I think as more people tend to lose jobs to robotics, AI,
and more people end up in welfare.
That kind of has a big knock-on effect as well.
Mm-hmm.
That actually takes me into a... All supply and demand.
Yeah, that's pretty much
you can take it all down.
It's all just supply and demand in the end.
Yeah, exactly.
That did lead me into another thing
I did want to talk about.
During all of this COVID stuff that was happening, there's a lot of countries
that had basically
turned their welfare programs up to 11.
That's a long way to put it.
Yeah, so with Australia, it would be
I guess you could effectively call it
what amounts to being a UBI.
It's still coming to an end
supposedly in September,
but there were people who were
actually getting paid more for not working.
Yes, same in some parts of the US, with the big stimulus checks that we were doing.
I did hear about some interesting stuff that was happening with stimulus checks early on.
I don't know if you heard about this story, but I think when the first stimulus check came out,
one of your big retailers,
the same day the stimulus check came out,
also released a TV for the exact same cost
as the stimulus check.
Wow, I didn't hear about that, no.
It's just amusing that that happened.
Yeah, it's obviously a smart move.
A lot of people
when they get an extra bit of money like that or an extra bit of income like that they're not
really sure what to do with it exactly i mean the first interesting for most people isn't saved
not anymore at least the first thing is oh i got the spare money that i didn't have before
what can i spend it on?
There definitely seems to be a serious lack in the
education about, I guess,
what would be the way to say it?
Not just what
your money is worth, but how to actually
spend your money.
Exactly.
It's been very directed
towards... Nice sunny day over there? Exactly. It's been very directed toward... I haven't come outside.
Nice sunny day over there?
No, it's 6.30 right now. They just like yelling.
Fair enough.
But, no, I mean, we've all been kind of directed toward a lot of consumerism.
And consumerism in itself is not always a bad thing. I mean, there's nothing wrong with buying some new books,
a couple of games, TV or something,
but I think a lot of people take it to the extreme where they'll have mountains and mountains of things
that they don't want or need.
And I mean, I'm completely guilty of it.
Over the years, I think I've built about maybe
a collection of like 200 or 300 video games.
I've been kind of in the process of selling them off
because half of them have not even played before.
Yeah, I know the feeling.
When I first bought my PS4,
I bought a bunch of games along with it and just,
I never played any of them.
I don't know why I bought them.
You see it, you see a nice cover,
you think, ooh, that looks fun.
You grab it, buy it, never put it in.
It's the exact same for me i've got massive ps2 collection
and even going back to ps1 days i've got so much stuff that i've never used and probably never
will use so i've just been slowly selling them off and trying to train myself not to buy things
i don't need as much i wish i did keep some of that stuff when i from when i was a kid because
i know it would still be working now i just got rid of it as the new console
came out, but looking back,
it's not anything extra I would have bought.
It's just, I kind of wish I didn't get
rid of it.
It just kind of gives you a nice memory, or
it was a fun game from your childhood.
A bit of nostalgia.
I'm not saying, but there was a
game called
Tomba over here.
I think it was Tombi in some other countries.
And I don't know if I ever actually rented it.
But then maybe 10 years later, I actually bought it off of eBay for like, I think it was about $60, $70.
And now it's worth about $250.
I guess you can say it was an investment then.
I suppose so.
But at the same time, it's one of those ones you don't want to sell because you have some kind of attachment to it.
I know it's really a good reason not to sell it, but I like it.
It kind of goes back to my whole point.
Sometimes it's kind of hard to train yourself off of some of the more consumerist practices.
For sure. It's not necessarily a bad thing as you were saying.
Obviously you can put all of your money into investments and only buy food and pay for your
bills, but that's a boring life. A bit boring, yeah, definitely.
I mean, it's nice to be able to go out and enjoy a movie every now and then
maybe buy something for
your wife or whatever but
I mean you need to be able to treat yourself
sometimes
keeps things interesting
yeah for me
sorry go ahead
I was going to say for me really the main thing
that I treat myself with is just buying books
I like reading before I go to bed. It's a
good way to get myself not looking at a screen
just before I go to sleep. Tends to help
actually get to sleep a bit easier.
Oh, for sure. I mean,
they've done so many studies on
the effects of blue lights
and how it messes with your sleep.
And it's just
really bad for you, so
that's definitely
a good way to get yourself off of that and i mean when you're reading a book you're not flicking
through twitter and i think yes which one's much better for your your mental state definitely the
book are you about to say something before i cut you off i forgot what was this probably
that's all good uh probably something about consumerism probably yeah
which i keep i have to keep repeating this it's not always a bad thing to be able to
consume it's what keeps the economy taking over isn isn't it? Because so many things that were deemed essential before
are no longer essential.
So more creative outputs like games, books, movies,
they've become a bigger part of the economy.
So it's good to still keep that going strong.
Yeah, even just a couple of years back,
I'm always at the point now where I could just say
I don't want to work my day job if if i wanted to and that's just not something that
would be possible really even just five ten years ago
oh definitely yeah the things have changed so much in the online space that
it really has just it's shooken the whole system to its core. And I don't think the system's really kind of caught up to it.
Yeah.
I think the more jobs are kind of phased out,
like you go to somewhere like McDonald's,
you'll see big screens instead of rows of cashiers.
And the more jobs like that that are phased out,
I think the more people are going to be kind of be forced to be creative.
So getting into that good and early,
like, I mean, out i think the more people are going to be kind of be forced to be creative so getting into that good and early like i mean i would still consider us now early into that whole scene even though there's been massive youtube creators but i think it's got so so much more room to grow
so i think the more we do now the more that'll help in the future well even if you just if you
really want to think about it obviously people have made money on the internet for, like, since the start of the internet, really.
But for YouTube, it's only had monetization for, what, maybe 2008, 2007?
I know it didn't have it in its first year.
A couple of years after it started.
a couple years after it started so at absolute best maybe just doing like online video in the current form that it's in has been monetized maybe for the past 12 years or so so it's still
really really early on in i guess i guess it's it's life cycle i would say so and the more
alternative funding platforms that come out,
like you've got your Patreon, you've got, obviously, the library with LBC.
And, I mean, I think the ad model is starting to kind of wind down a little bit because of how saturated it became to the point where it's very hard to earn money from that.
I mean, I used to be into the Flash game scene back in 2004, 2005,
going back a while now, and
you used to be able to make a pretty good living
off of Flash games, or Flash animations.
And
the ads just dried up to the point
where previously
getting 20,000, 30,000 plays or
views would be able to get you sponsorships,
it would be able to get you all sorts
of, like, high return yields from your ads, but now views would be able to get you sponsorships it would be able to get you all sorts of like high
return yields from your ads but now it's if you get 20 000 views you're getting nothing
so the the systems as far as ads go is definitely kind of on the decline i do, at least in, until we have a better system,
I do still see ads being something that at least,
I guess we'll have to stick around at least for a bit because I don't see right now,
the only real alternative to doing ads is people paying for content.
And then that brings us back to the whole paywall argument where if they've
never heard of you, why would would they why would they pay for
you for sure yeah but i think that's why cryptocurrency systems like lbc are so good
because if you get if you get lbc in the lbc value can go up and down whereas if you're just
sticking with the dollar you're getting a dollar and then what's that going to go up or down in relation to?
If your main currency is the dollar, just one dollar for you is going to be one dollar.
Even if the purchasing power changes.
Whereas LBC, if it's maybe...
How much is it one LBC at the minute?
Give me one sec, I can check.
It is...
It is 3.4 cents.
Let's just say
3 cents
At the minute
If YLBC is 3 cents
And you can get
Maybe a few dozen of those a day easy
Then let's say you hold on to those
For a while, even a year from now
And it's maybe up to 10 cents
That's a much better return Than just if you were getting dollars,
because the dollar price would still be in dollars.
I don't know if I'm explaining myself very well,
but hopefully the point comes across.
No, I get exactly what you're saying.
We can use a bit of a real-world example.
So when I actually bought into LBC, it was at 0.7 cents so I paid about 300 Australian dollars bought I
don't know how much it was at the time let's just say 50,000 just to make the
maths easy and that 50 I I still have that 50,000 LBC but if I was to convert
that back into whatever currency I want it to be and whether that be USD AUD doesn't really matter.
I still have that 50,000 LBC and the value in the currency that I want to use I guess
it's gone up I guess. Yeah exactly. Exactly.
I mean like look at all the people that invest into Bitcoin, really. Look at the returns they've made.
And then all the people who didn't invest in it and just cry because they were around at the time.
Oh, would you believe I first heard about Bitcoin in maybe 2012,
back when I was in my younger days, trolling around the 4chan boards.
And, of course, I see it and think that sounds
interesting I go into a thread that looks complicated I leave a thread but the name
stuck in my head for whatever reason then when I hear about it later I see oh it's almost at a
thousand thousand dollars I think that was back in 2017 back when I first getting into it almost
at a thousand dollars before the bull run started and then I looked at the price in 2017, back when I was first getting into it. I was almost at $1,000 before the bull run started.
And then I looked at the price in 2012, and I'm thinking,
what have I done?
Or what have I not done, I suppose?
So, I mean, I think it's a good way to help monetize content.
So, obviously, we've got LBC in Library's case.
But if you can get into a system like
that quite early, then you make a decent investment in the future of the system by buying the
credits. Then if you help the system grow, then you're going to be very well benefited
in the long run.
Yeah. Yeah, I don't have anything to say to that. I completely agree with what you're saying.
Hopefully we can keep pushing library further ahead. I keep saying we like I'm a big name, but hopefully someday.
Well, yeah, I may be a relatively big channel on library, but outside of library, I'm still like a fairly small creator.
People like Scott have way more reach than i do i mean i have three subscribers
on youtube so you know that speaks for itself doesn't it yeah whereas like 930 well as i was
saying you look at like scottsy business and he he's got a platform on oh he's got a subscriber
base on every platform that exists oh Oh, he does, yeah.
Like, so many I've never even heard of.
And have you ever watched his annual, listen to me,
monthly reports where he talks about his income streams
for all these different platforms?
Yeah, that's actually what got me back into buying crypto.
It's really cool.
It's really, really cool.
I was going to say, I've been looking at some of the proof-of-stake coins that he's been investing in.
Because I hadn't even heard of that before.
Because, as I said, I'm still really, really new to crypto.
So, I don't know.
I see there's definitely interesting ways you can make some money,
besides just obviously buying it and then waiting for the value to increase.
Exactly.
I mean, there's a very good platform.
Would you know Coinbase?
It's one of the biggest ways you can get crypto.
Yeah.
And there's another platform that's much smaller, but pretty much the same service when you first look at it, crypto.com.
much smaller but pretty much the same service when you first look at crypto.com they have like a crypto earn program where you can put in let's say by a hundred dollars worth of their cro token
you actually get a 16 return on that annually if you stake it oh yeah okay of course the first
thing people think to think about that is bit. It's a Ponzi scheme. But the reason they're able to give such high returns on that
is because they've got so many different products
and the CRO token is something they print themselves.
Well, it also depends on how they're actually doing the return.
Like, for example, DLive does the same thing.
I think its current return is 20%,
but it's also a fee-sharing coin, so
basically you get a portion of the fees that come through the platform.
Oh, okay, cool. I've not actually looked into D-Live much.
I wish I'd got in on it early on, back when PewDiePie was still on it.
Yeah, he stopped, didn't he? How come? Did he ever give an explanation for that?
Uh, I don't believe so.
I know he took maybe a month off
videos as a whole for a while.
He'd honestly deserved a break. He's been working
too hard for too many years.
He absolutely has.
Even after the whole...
What was it?
I can't remember.
The other channel, the Indian channel he was up against.
I thought you were talking about the scandal that he was in with the bridge.
Okay, no.
That's a different thing.
Oh, I didn't know about that.
Oh, you didn't know about that one?
No, no.
What was that?
Let's see if I can describe it without getting my channel banned. So, he was playing PUBG at the time,
and I think he got killed,
and then out of anger he said,
what a bunch of N-words.
Oh, yes, yes.
No, I do remember that now.
Yeah, so I thought that's what you were talking about.
But no, when he was up against T-Series trying to beat his subscriber count.
T-Series, yeah.
That's the one.
I mean, he put a lot of effort into doing all sorts of promotion for that,
trying to make sure he held on to the number one spot.
So probably completely drained him for a while.
Yeah, I can imagine.
The entire controversy would definitely hurt.
I'm sorry, I didn't catch what you just said?
I was just saying that the N-word controversy would definitely hurt.
I mean, imagine if you said that today with all the riots going on, that could be the
end.
Yeah, no, that...
You definitely don't want to...
Honestly, at this point, I'm just trying to avoid anything to do with that.
Yep.
I'll maybe like a few tweets and maybe have the odd, sly comment on it,
but I try to avoid as much as possible.
Yeah, the US is the world's biggest social experiment,
and it seems to be falling apart right now.
Oh, colossal failure.
I can't see any way to head outside of succession,
but, I mean, that's probably a story for another day.
Yeah, well, I've been hearing talks of potentially a civil war at some point,
but I don't know.
I have no idea what's going to happen.
I think there already is a civil war.
I think we're well into a civil war,
and one side just hasn't realized it yet.
That could be it.
It's- well, we've certainly had the culture war for a couple of years, but
whether it turns into actual gunfire is another question.
I mean, it's turned into quite a lot of beatdowns and a few murders.
Yeah, I have been hearing some of that.
It's absolutely nuts. I i've i've tried to
avoid all the cities i thankfully i live in a like a medium-sized town i don't say too much
work because like just trying to keep myself somewhat anonymous but not so good i live in a
fair size town so we've not really had to deal with much of that thankfully and i'm in a red
state so it's well armed shall we say so if anybody tried
to tear down many of our statues then then it would not end well put it that way i think the
weirdest thing about this is the fact that it's expanding outside of the u.s we've actually had
a couple of protests in australia and the same sort of problems that exist in America don't exist in this country.
Yeah, it's a completely different demographic makeup.
Well, Australia has its own
sort of race problems. I don't know how much
you know about Australian history, but
Like the Aborigines?
Yeah, I was going to talk about the Stolen Generation.
So,
do you know about that?
No, no.
Okay, so, until about the I think it would have been the late 1970s,
we were actually separating Aboriginal parents from their children
and basically raising the children in white families.
Oh, wow.
I believe the explanation at the time would have been something along the lines of
um their cult or that their culture is dying out and basically this is just the better way
to raise the children so trying to a greater good argument to it yeah pretty much so australia is a
weird like it's really weird because we have like people within living memory who were like
actually a part of this whereas the US a lot of the problems you've had
obviously you still had the the civil rights problems until the 60s but
a lot of the problems that people bring up in the US are problems from hundreds of years ago
and it's a it's a really weird country
I think because I think because...
I think because people keep kind of kowtowing to the whole situation
and entertaining the possibility of reparations,
that...
I don't want to say the blacks,
because it's not all about black people.
I mean, half the problem is white liberals
who kind of force the issue.
So they really just kind of leave the door open for it.
And that makes people think, okay, maybe we can get something out of this.
But then it's definitely not about actually helping black people
because these black people's neighborhoods have been torn to absolute shreds.
And so many completely innocent people who have nothing to do with any of these riots
are getting hurt.
It's just nuts.
I'm sure you saw some of the videos early on
about some of the black business owners
who were basically coming out
and just yelling at the rioters
and just crying and breaking down.
It's like, why are you burning down my business?
I'm trying to bring myself up in the world.
Exactly.
Heartbreaking.
These people are trying so hard to make something for themselves,
for their children, grandchildren,
and then others are just destroying it in the name of equality.
What's equal about that?
Yeah.
Well, let's move on.
Let's move off of that.
Yeah, yeah.
Another thing I want to talk about was Bitcoin's store of value.
Yes.
This is a very contentious issue between people who are into Bitcoin.
So you have the Bitcoin maximalists who think that it's going to keep trending upwards forever,
and then you also have the idea that it's more of a store of value. And it's, I guess, rather than being a way that you can become a millionaire,
it's a way you're going to basically keep your money just, I guess, holding its value.
So judging by some of the stuff you've said, you seem to be more on the idea that it's more of a store of value
than going to make you just an absolute millionaire, like some people seem to think.
store of value than gonna make you just an absolute millionaire like some people seem to think? I still think it has tremendous upside potential in terms of
gains but if you're looking to get a quick times 100 in your investment then
Bitcoin's not for you. Nothing's not for you anymore. There's so many small market cap
coins that are able to do that and I mean have you heard of Uniswap before?
It's a decentralized exchange. So many scam coins
going through there and
they're making massive returns and then
people are getting dumped on right after.
Yeah, I've briefly heard of it.
Well, Bitcoin is
far safer in that regard.
It's not going to suddenly go up
time to 100, but it's also not going to drop to 0
overnight. It's really
unfeasible. So it has
that store value aspect to it,
but with
increased adoption of the Lightning Network,
where fees are able to be cheap,
and you're able to make fast transactions,
it has a lot of
potential as cash at the same time.
It's really got those two aspects to it
and I do think it's got
a lot of store value potential
but at the same time
the network effect of Bitcoin
is so huge and if Lightning Network
can be adopted it can be
really kind of scaled up
to a massive extent
at which point the value is going to shoot up again.
There's really so many factors to say. I was going to say that Bitcoin also has the
the benefit of being... when people who don't know anything about cryptocurrency, what they think of
crypto being is Bitcoin. So it's got that name brand recognition.
Someone will say, oh can I buy some Bitcoin rather than, oh, can I buy some cryptocurrency?
Exactly.
It's like if you're
talking about PC,
the default
a lot of people would go to would be
Windows.
Even though there is
superior tech out there.
And probably far superior
tech in many regards.
But it's still got the name recognition
that kind of keeps it going.
Yeah.
Oh, look.
There are some other
crypto platforms I did want to briefly talk about.
I don't know how much you've looked into Steamit before,
but do you at least know of the platform?
I know of it,
and I know of the big divide that's happened recently.
Is that where we're heading with this?
No, where I was going to go with it
was more of a technical aspect,
where I don't really see that platform having much of a future
just because of how complex it actually is to use.
And this is one of the...
Going back to something we talked about earlier,
why Library, I think, has a positive future
because it's so simple to use Library, whereas with Steemit,
I don't know if you've even really looked too much into how the wallet works,
but to actually...
I have, yeah.
I guess to post on the website,
there's like five different keys you have.
Yes, you've got your public posting key,
your signing key, you've got your private key,
so many different things.
Which is way too complicated.
Your average person is going to look at that
and think, what the hell is this, and walk away.
Completely.
You need to be somewhat tech savvy to
even start to comprehend that sort of thing.
I was initially
thinking of checking out
Library and Hive a bit more, and actually
putting my content up there, but then I realized
they will grow a bit.
There's definitely a tech community who will start using it,
but outside of that, I don't think they have any chance of mass adoption.
I definitely wouldn't say those platforms have mass adoption,
at least in their current state.
But at the same time, it's kind of like the old days of internet forums.
You've got people there that are very passionate about specific
subjects so they can kind of go there they have a bit of barrier to entry so they can kind of keep
the community more cohesive whereas somewhere like reddit it's kind of free for all so it's
got its benefits in its niche but for mass adoption unless they really overhaul their
entry system it's not going to be mass adopted.
At least that's what I think about it anyway.
Yeah, I'm kind of in the same boat about that.
I do think they're interesting platforms.
But the big problem I've noticed is even just remembering one password, most people don't want to do that.
That's why a lot of platforms are switching to doing things like um email login so basically you just click the login
button put in your email and it'll send you an email verification code and you just go from there
that's how library does it that's how um on the brave creator platform it does it so if you want
to log into your creator profile you don't actually put a password in. It just sends you a verification email
every time you want to log in.
Yeah, yeah.
I mean, I've become a big fan of Password Manager lately
just because I've got so many hundreds of accounts
on various things
and it just makes things so much easier.
What are you actually using your Password Manager now?
Yeah, yeah.
What do you use as your Password Manager?
Oh, sorry, i thought you were saying
i'm using it now i use bit bitwarden and i have it synced to my phone i've got it
in my brave browser and i've got it as a standalone desktop app okay yeah i'm using
bitwarden now as well and i used to use lastpass i switched over to bitwarden just because it's
an open source platform and i don't even know most of my passwords anymore.
No, I'm saying
I get them.
All I do now is just generate 60 character
random strings and it works
great.
It's perfect because it's nice and secure
that way and
nobody can force a password out of you. You don't even
know it. So, not that it's ever
going to happen, but it's...
You're definitely not valuable enough of a target
to have that happen.
You don't know me.
Yeah, yeah, that's true.
There's definitely arguments you can make
about whether you should have an online password manager,
but I think that might be a bit outside the scope
for this podcast.
Yeah, I mean, there's a good channel called, you know, TechLore at all?
The name's ringing a bell.
He does a lot of good videos about various aspects of online privacy and security.
And, I mean, that's how I first heard about Bitwarden.
And, I mean, if anyone anyone's interested that's not a bad
channel to look into it. I'll check it out afterwards cool I'm always up for
new channels to check out even though I don't really have time to look at them.
Time these days. Even in a lockdown we're running out of time well i keep finding stuff for myself to do so
obviously i make seven videos a week so that obviously takes up a bit of time um sure yeah
i don't know actually we can go to that so how long do you actually spend on one of those videos
just on like one of your regular just um educational videos and how long do you spend
on one of the history videos because i imagine the time difference is quite large very large
so i can put out a video just my general discussion sort of videos i can put one out in
maybe an hour to an hour and a half from getting i don don't script them so much as I put down a list
of things I want to talk about and kind of
freeball it from that.
So I will make that list.
I will make the recording.
I will get the video up and ready
to upload.
And it could be uploaded within an hour and a half.
Quite easy.
But the story of money videos,
I sometimes spend various days on them it wouldn't
it wouldn't be days like on end it would be maybe of course yeah hours there and so i'd say maybe
it takes maybe four to five times amount of time to get it done and it depends on the topic as well
because the the great depression one i just released it
i knew a lot less about it so it took even longer to produce just because i needed to do a bit more
research and didn't want to make i wanted to make sure that i wasn't just completely talking up my
ass so i wanted to make sure i actually had decent grasp on what i was talking about i mean i'm
definitely not an expert on the topic but if i can at least explain the surface level and a bit of depth to it, then I think I've done my job.
Yeah, I have the same approach to my sort of videos.
I take a bit longer for mine.
So I don't know if you actually checked out anything before you came onto the podcast, but I mainly do...
I haven't watched it.
Sorry?
Yeah, I've watched it. I've watched a few, yeah.
Okay, yeah, cool. So I mainly do the I haven't watched it. Sorry? Yeah, I've watched it. I've watched a few, yeah. Okay, yeah, cool. So I
mainly do the Linux tutorial content.
So my usual approach
to that is I will
play around, like, if I'm going to, I don't know,
check out Bitwarden, for example,
what I'll usually do is play around with the software
for maybe like an hour or so, take some notes
while I'm doing it, and then sort of
arrange the notes into an order
of topics I want
to hit then I try to record in about an hour or so I am actually really bad at speaking most of
the time it's not just the fact that I'm tired right now I typically when it comes to the more
technical videos where I'm trying to actually hit on certain points I tend to stumble over my words
pretty frequently for the more rambly stuff like the podcast i can generally
string senses together but for the technical stuff i will trip over my tongue constantly so
a 15 minute video it will take me like an hour to record and because of that ends up taking
maybe half an hour to 40 minutes to actually actually go and edit it and then obviously
render time on that so maybe for me
three or so hours per video i reckon i mean that's to be fair that's not a bad return
pretty good but i mean i'm the exact same when it comes to stumbling over my words
i mean i've not been too bad today but the amount of takes i do even if i'm sitting reading off a
script like my my story of Money videos, I completely script.
It's just read off the screen and record.
I'll find myself either stumbling over a very easy word.
What was the word?
The word the other day, it took me like 10 takes to get right.
And it's something I could say in real life, not a problem.
But just reading it off the screen, I kept tripping and tripping and tripping
and just record delete record delete and
so on it's just a completely different process yeah i'm the same with a lot of the occasionally
with just random programs that i use on a frequent basis so i use a window manager called bspwm
which as you can probably work out is very easy to trip over
yeah or like sxhkd very very easy to trip over that and i've. Or like, SXHKD.
Very, very easy to trip over that.
And I've tried to say it a couple of times.
I did like 10 retakes just trying to say this one word.
But the funny thing is, you said them perfectly just now.
I know I did. As soon as I have a...
As soon as I'm recording for a video, though,
it'll fall apart.
What is it that makes that happen is just we think it's maybe
the pressure of knowing this has to be right this has to be perfect whereas on a podcast we can just
kind of chat away casually and not really worry too much yeah i think that with the podcast when
especially once you forget about the fact that you're actually recording it's kind of just
having a chat with someone and really when you're chatting with someone you're not really thinking as much about what you're trying to say if you kind of stumble over stuff whatever you're actually recording, it's kind of just having a chat with someone, and really when you're chatting with someone, you're not really thinking as much about what you're trying to say, if you
kind of stumble over stuff, whatever, you're just talking to someone, but if you're trying to be
like, I want to, I want to educate people, especially once you, like, once you're good
enough at recording content, you know where you're going wrong, I think that's the point where you
start making, you start picking up your mistakes more often.
That's for sure.
Cause I,
I know I made tons of mistakes early on,
but now that I'm,
now that I'm good enough at making videos,
I know how bad I am at making videos.
I mean,
I like your point about how different it is between the videos and the
podcast,
because I was thinking
myself when you were saying that imagine you're trying to educate someone and you're in the middle
of a speech and then you say uh what's that what's that word what's that word and then you leave that
taken like how unprofessional does that sound whereas on a podcast everyone knows it's a chat
so you don't need to worry so much about it
exactly yeah i i pretty much completely agree with that
one thing that we did skip over earlier i brought it up because i did want to talk about it um but
welfare programs you've mentioned them quite a few times in your videos. Yes. And we talked just for a moment about the increase in welfare programs during
COVID. Where do you actually see this going? Do you see this as being sort of
like a, I guess, experiment for what's to come with the future of automation? Or do
you just see it as something that sort of had to be done while this massive pandemic was pretty much happening?
See, I'm, I'm kind of in mixed minds about it. I can, I like,
I initially I thought, no,
I pose these welfare programs with the stimulus checks,
but then I thought the entire reason COVID came over here is because
governments kind of screwed the pooch a bit.
They didn't shut down the borders immediately.
They didn't...
The...
What's it called?
The who?
Covered up for China.
Yeah.
That's definitely interesting, that's for sure.
Well, let's see.
It's a lot of government incompetence that caused the problem in the first place.
And then the citizens end up suffering.
So when I thought of it like that, I that i thought okay maybe the welfare program in this case
i understand the case for it but i definitely can see how a lot of people will get used to this
and as soon as it's threatened to take away the politicians might think right if we take this
away we might lose votes so I can see it sticking around.
And as you said, with automation increasing, people are talking constantly about the possibility
of maybe having a UBI, which in my opinion, I don't think that can work long term.
It can work and be sustainable for a short term.
But then the inherent human laziness kind of sets in. Where you'll get a lot of people just thinking,
I'll just sit here and let everybody else do the work and capitalize.
But then as more and more people end up doing that,
the system kind of collapses in on itself.
Even with automation being able to take care of a lot of the more tedious jobs.
When it comes to automation,
I'm actually very much on the optimistic side with it for...
I guess an optimistic side for what it can do, not optimistic side for the future of people.
But there's a lot of people who think that there's a lot of jobs that can't really be automated by...
Just can't really be automated.
So things... I guess some of the more creative jobs.
But after doing a research paper earlier this semester on, I guess some of the more creative jobs, but after doing a research paper earlier this semester on,
I guess the, I think, what was it on something like AI creativity or something like that, or
I don't remember the exact topic of the paper. I should remember. I wrote it like two weeks ago.
But reading a lot of other research about AI creativity and what creativity really is, I don't really see it
as being a limitation of an AI system that, or I don't really see the, I guess, creativity being a
limitation of an AI system. I don't see any reason why it wouldn't be possible. And that is a scary
future to imagine without some sort of system that, I don't know if it has to be a UBI system or,
or just, I don't know, without some sort of system to, I guess, get people, I guess,
get people fed, you're really in a weird situation, I don't know if it has to be UBI or
you have to give people menial labor for the sake of menial labor, but something will have to be
done to make
sure people can actually afford stuff in the future when we've hit the point where there is
no work left well i definitely think we're going to be in for a bit of a population decline on the
whole not just in like white countries where the population is already kind of low and japan where
it's going down as well but i think as automation and ai really develops it's going down as well. But I think as automation and AI really develops,
it's going to just be...
I mean, it sounds extreme when I say this,
but it will probably be a much slower process.
I think a lot of the population is going to end up dying off because of it.
And it could be over decades, I don't know.
But I definitely agree in that i don't see how
there's a limitation on ai as being able to be creative considering the fact that if you ask
me or if you ask someone 10 000 miles away we might have completely different definitions of
what creativity is so ai could conform to so many different types of creativity,
even ones we may never have even thought of.
So it could be very adaptable in that regard.
One thing that I know a lot of people,
if you were to ask people maybe 10 years ago about what a future AI system would be capable of,
there would be a lot of people who,
even with some of
the stuff that is being done now, so I don't know how much you know about AI, but there are AI systems
that conduct things like chemistry experiments and actually try to create their own new theories
about, I guess, the state of chemistry. And this isn't something that people really thought were possible even a good 10 years ago. And you
have other examples like the system that won in Jeopardy, which I'm blanking on the name,
by IBM, I don't remember. And other things like this where a system like that, it's a very
rudimentary level of creativity but it is still it's still
at a point where you can call it some basic level of creativity though yeah
sure I mean it's all that isn't it if they see the data going one where one
way sorry they can then maybe try and come up with a theory as to why the data
goes that way mm-hmm so i mean even from someone who's completely
non-technical like myself then i can completely understand how it can do things like that
at least on the surface level anyway without actually knowing the programming and code behind
it even if we just okay we'll take it back to something that maybe not... I don't see creative jobs disappearing anytime soon,
but let's just bring it back to something
that is actually happening right now.
So we have the automation of things like...
I guess not low-skill jobs, but very robotic jobs.
So things like flipping burgers in a kitchen.
There's already machines that
can do that and the only reason they're not being used right now is because they're just
not cost effective yet or we have other things like the automation of the driving industry so
tesla keeps saying they want to roll out 10 000 automated cars by the end of the year that's not
happening but they'll be doing it soon and then you have the automation of the year, that's not happening. But they'll be doing it soon. And then you have the automation of the truck driving
industry and things like this.
So we obviously need something to
handle this in the short term, and
I don't know how that can really
be done.
I just kind of want to go back to your point about the
cost effectiveness.
You see places like California
saying, okay, $15
per hour for flipping burgers.
The more
you increase the
wages in that regard, then
the more cost-effective
it becomes to invest in the
robots that can flip the burgers.
I mean, that's why
so many cashiers end up being replaced by
those screens you can just touch screens so i think a lot of people end up creating their
own problems by demanding too much and then now of course it leaves us in our current situation
but as for what the solution is short term or long term, I don't honestly know, I have no idea
it's
interesting and
scary at the same time
yeah, this will be
a very interesting generation
I don't
it's obviously impossible to make
predictions like this, but I imagine this
is probably what it would be like
at the start of
something like the um... why am I forgetting this? The... Terminator? No, I mean something that's
happened in the past. The big technological boom that happened in the 1800s. Industrial
revolution. That one. I imagine this is what it would be like just before the industrial
revolution. You don't have it
you can see something's coming along the horizon but you have no idea what it is it could destroy
everything or in the case with that you had massive economic growth i i don't know what's
gonna happen i mean a good a good example i like to go back to is farming and horse carts. A lot of people, most people, were farmers or people would use a lot of horses for transport, for military or just pulling carriages.
And if you said to them, okay, here's a car, they would say, no, no, no, no, no, don't replace me with that.
But then whenever that happened, people eventually found something else to do.
Same with farming. The more
automated it became, people
moved on and found something different.
So, my hope is that we will
find something different. We might not know what that is yet,
but hopefully we can find it.
But, at the same time, the more
advanced an AI gets, the closer it gets
to being able to replicate
more and more aspects of what humans
can do. So, and like you said, with the creativity part, then potentially that could be out the
window too in a few decades. Well, I imagine there'll always be like it, once we do have a
massive AI revolution like this, there'll always be like niche businesses where it's like, oh,
this is a human run cafe like
that'll always exist like people will want some sort of like human interactivity but I can't
imagine that everyone could do jobs like that and same with doing like entertainment jobs yeah you'll
have AI entertainment I imagine there will still be a market for people who actually
make stuff themselves but I can't imagine that's something that everyone would be able to do.
I mean, that's a good point when you bring up entertainment.
If you think music, if you think comedy,
how good are AI going to be at those particular things?
I mean, music at the same time, I suppose,
they can study the data on what people like,
what people listen to, what people regard
as good, and
replicate to some degree, maybe
change in various other degrees.
But how
close is that, I suppose, is what
I'm kind of getting at.
I'm kind of at a loss for words, because
the more you think about it, the more confused
you get. And you think, okay, maybe we don't really have
an easy way out of this at all.
I think the only thing we can say conclusively
is that we're going to have some massive changes
over the next maybe 15, 20 years.
That's the only conclusive thing you can say.
I would say so, yeah.
The only thing we can be certain of
is uncertainty. Pretty much. So moving on from that you've brought up the idea of
purchasing property from time to time. Yes. And I had something to do with this.
Right.
I should have actually written down questions
rather than written down points.
That's fine.
Let's see.
Where can we go with this?
I don't know where I was going to go with this.
Something about purchasing property.
It's expensive. I can purchasing property. It's expensive.
I can say that.
It's definitely expensive,
especially if it's in the city.
Oh, yeah.
It's more costly in the city
and you're getting far less for it.
Yeah, one of the things that I have been...
Obviously, I can't do it just yet,
but one thing I do want to do
is I eventually do want to get
some rural property.
I don't know how
much cheaper it is in wherever you are,
but in my state,
I could get like a
five, six acre property for $200,000
and $200,000
in the city is barely going to get you
half a one
room apartment.
Yeah, a small studio. At best, yeah. It's not too far off that here as well. Yeah. Obviously the Australian dollar is worth considerably less than the US
dollar, but... I think it's... You also have property to kind of compensate at the same time so it kind of works itself out there yeah i don't know where i was going to go with that point
well when you say looking to buy a rural property is it like to maybe like start your own sort of
homestead to the garden grow your own food or yeah i have to have a bit more
it's a bit of the a bit of freedom a bit of kind of want to start my own thing because i
want to have like my family did have a bit of property and then my parents split off and then
that ended up getting sold so i don't want to end up like when i eventually have kids i don't want
to end up leaving them with basically nothing just like oh here's a bit of inheritance it's
not land or anything you kind of have to like go get your own place I don't want to put my descendants in a situation like that I want to be able to
I guess buy something like land and then pass it on and even if it's not like
even it's not even if it's like nothing much it's still something that you can
pass on and land as you've said in lots of videos is one of the most valuable things you can purchase
yeah it's very very tangible it's got a lot of applications whether that's house farming or
even just being able to have the space you want because like in a city if you're in an apartment
chances are unless you're on the ground floor, you're getting no garden. Or you're getting maybe a tiny balcony
that you can maybe grow some plants on.
But it's just very, very cramped, very condensed.
And I mean, so many studies show
how much happier people in rural areas are
compared to being in a city.
Yeah.
Back to the apartment for just a bit.
Even if you purchased an apartment room like a apartment
whatever studio apartment can you really say that you own it because someone else owns the building
exactly that's funny enough that's a point i made to my wife a few weeks back so
we were looking at buying a house in like sort of suburban area and
what do you call it in uh australia maybe it would be semi-detached yeah so you have yeah
same thing yeah we were looking at something like that and i said no because do we really
really own it if we can't knock down every wall ourselves
because you're kind of bound by the rules of what you share with that other person whether it's a
wall or your border is joined perfectly so I mean take that and apply it to apartment it's even
bigger someone else owns a building someone else owns walls connected to your walls in fact it's even bigger someone else owns a building someone else owns walls connected to your walls
in fact it's the same wall really so what do you own what don't you own it's the line's so blurry
and it's so easily exploited at the same time someone sells a building they can change all
sorts of aspects like maybe even change your water rates because they own the building,
or it depends on, of course,
protections from government or various contracts,
but it really just makes all the lines so blurry.
Yeah, that is part of the reason I do want to get out of...
I'm not living in the city.
I live in the suburbs.
I'm pretty close to the city.
It's only like a half-hour drive,
so it's not too far um
but this is about as close as i could like tolerate being to the city the place i'm in
right now is like a like what do you even call a house that's not attached to another house just a
regular house it's not we have fences on either side of the house. Detached? Maybe? I don't know.
It's a proper house.
It's not attached to another building.
Yeah, it's attached.
So, right, and if I was to actually buy my own place,
because right now I'm renting,
the easiest way to do that would just be to move out into the country.
Plus, I do have a lot of family out in the rural areas anyway.
Because that's where a lot of my family did come from.
Because a lot of...
I guess from my mother's side, a lot of them were farming families.
And then, starting with my mother's generation,
they started moving inwards.
Because that's where the work really was being.
If you didn't want to be a farmer yeah and i think a lot of people are going to struggle with that as as the cities
get bigger there's going to be less and less work and they don't really know where to go
and as automation kind of increases going back to our previous point like things like if they're
self-driving cars then that's going to take over the bus routes it's going to take over trains it's
going to take over uh taxis it's going to be very very hard to find so many different types of jobs
like you say so people are going to come out trying to find something in the countryside
because the big advances in tech don't always
make their way to the small towns as fast yeah that's definitely true especially with like
where with where my my mother's living right now they like you go there and it feels like you've
stepped back like 15 20 years because like there's, there is still a lot of stuff advancements
out there, but cause there's not as much money being circulated in that area, it's, it takes
a lot longer for it to actually expand.
Also, um, at least in this area, there's a lot of like a lot of elderly people as well.
So they're not really, they're not really dying to buy the newest tech anyway.
Yeah. They don't really care
it's in some ways it's great hmm i got like i'm in two minds about it sometimes i like going out
and it's completely refreshing thinking wow i don't i can just put my phone away and just
don't want to sound like a hippie i guess you, but you can just be. You can just go out and just do what you want
and don't need to worry about being connected all the time.
Whereas if you're in a city or in a town,
you're constantly thinking, right, I need to check my phone,
I need to be able to get a map to wherever I need to go,
or I need to get in a car and drive somewhere, GPS on.
It kind of fries the brain a bit, doesn't it?
Yeah, well, it's a bit too much stimulation
from all of the tech that's around you.
Yeah, definitely.
Stimulation, that's the right word.
Yeah, I'm surprised I managed to come up with that one.
My alternate by the brain, so.
Yeah, well, with me as well,
because I've got my webcam on,
I've got these lights that are shining in my face right now, so...
It makes it even harder to think than it otherwise would be.
Yeah, because it's an extra stimulus that your brain has to process.
So, I'm probably going to, like, lay down on my bed as soon as this is over, and then try to, like, adjust to it being nighttime now.
But we'll see
how that goes.
I suppose
if you're in the southern hemisphere, you would be in...
Would you potentially be in your winter
now?
What season are you in?
We're in summer.
Yes, I'm in winter.
Ah, okay.
I don't remember when winter started i i only know it's cold so i'm gonna assume it's either autumn or winter i don't i don't actually keep track of
the season just go based on feeling yeah pretty much it works it works yeah well by cold i mean
it's like 12 degrees celsius which i don don't know, that's not really that cold.
Australian cold.
Yeah, pretty much.
Yeah.
Yeah, anything below like 15 degrees Celsius is too cold, which...
I spent some time in the UK, so I know what cold really is.
Just for the people who are too lazy to learn a real measurement system, I'll just find out what that is in Fahrenheit. 15 degrees Celsius in Fahrenheit is 59. There you go.
Yeah, there we go.
Because I know that most of my viewers are American, and yeah, it just makes it
easier.
I spend enough time abroad that I can kind of flick between the systems, depending
on who I'm talking to.
I tend to use meters a lot more than I would use yards.
Yeah.
I think the only time I really use anything outside of the metric system is for height.
It's just easier to do height in feet and inches.
Like, everyone knows what you're talking about when you... Yeah, pretty much.
Everyone knows what you're talking about when you see six feet.
Exactly. I know, I can see the American system. I know we're very stubborn, so eventually
the metric system will come here in full.
Well, I've heard the main reason why it isn't done is because it would just be too
expensive to switch over. I don't know how true that is different different materials i mean even measuring cups
but it's funny even even some of the cooking utensils i've got here they have both imperial
and metric at the same time so i think it's being probably gradually very very gradually phased in
in some areas i think the argument i
heard about was mainly just the speed signs that that would be the biggest one definitely the
biggest one and then obviously you'd have to well no your big problem would be speedometers because
if you change over the speed signs then everyone's cars wouldn't line up with the speed signs then
so you'd have to have like dual signs or something like that
see i've got i've got a european car ah and and it's got miles and kilometers
on the little speedometer at the same time so i can see which is which that's pretty cool
like the digital display is all in also is all in miles but the
the manual ones the the little stick,
it's got... Yeah, I've got
a...
What is it?
It's a 2001 Holden Barina.
It's a rebadge of
I think an Opel of some sort.
So it's
got the European layout
for the
window wipers and the blinkers, which was really
confusing when I first started driving.
A lot of things I used to, yeah.
Yeah, now when I buy my next car it's going to be even just as confusing.
Another good car example is I used to drive stick, but now I switched to automatic just
because of my wife.
But then getting back into something that's manual is such a difference.
I never actually learned how to drive manual.
I really should do it, but it's becoming less and less of a problem with newer cars.
Yeah, exactly.
So many are switching over to almost exclusively automatic.
I mean, I like driving manual because you kind of feel more
in control and kind of get a bit of an ego
about it, but
I just love the laziness of being able to just hop in
an automatic and just drive
smooth sailing, no need to worry.
Especially if you ever have to go
into any
really populated areas.
I can imagine driving a manual is probably a pain.
It can be.
You just have to stop and start for traffic constantly.
I can't imagine that's good for your knees.
I mean, it keeps you moving.
You're not sitting stiff.
Anytime I'm in automatic, one of my legs is just sitting there doing nothing.
The rest is just other ones just flipping between accelerator and brakes.
Yeah, maybe automatic makes you a bit too lazy when you drive.
I mean, I've had to do, like, a six-hour road trip where it's just been me driving because my wife was just sleeping in the passenger seat.
So, like, halfway through, I just had to stop and move for a while
because it was just the the leg that was
being used to drive was it was tired but at least it was getting some movement but then the other
leg is just it's like a sleep the whole time yeah I've got a two-hour drive to do on Friday
because I'm going to go visit my parents uh And two hours is even just, that's too long
to be in a car. You have to stop for a little bit.
If you don't mind me asking, whereabouts in Australia are you based?
The Adelaide Hills. So, I'd say about half an hour drive from the capital.
Canberra, is that? Capital of South Australia, not capital of the country.
Okay. Sorry, my mind might be great, but I had a picture of it in my head. Let's bring up a picture
of the Adelaide Hills. That is a really... yeah, we'll use this one. I'll send you a picture.
we'll use this one. I'll send you a picture. This is fairly descriptive of how the Adelaide Hills
tends to look around every summer.
Far into Bruegel. Ooh, nice. Very nice. Yeah, we get lots of bushfires.
Oh yeah, 2020's been so crazy I completely forgot that was at get lots of bushfires. Oh, yeah.
2020 has been so crazy, I completely forgot that was at the start of this year. Oh, yeah, I forgot as
well, because it happens every year.
The American news kind of made it seem like it was some
thing that, like, it
never happens, but no, we get big fires every year.
Yes, it was bigger than normal.
Absolutely. But
big fires like that are a pretty
common thing.
Is it not meant to be good for the forest?
It's meant to... or the jungles or whatever I suppose you would call it.
Fox would be the better word for it, yeah.
Is it not meant to be good for the soil and then helps promote the new plant growth?
Is that right?
Yeah, no, that's right.
The problem was that there was a lot of fires being started by people.
You had the initial fires get started.
I think those were maybe car crashes or something,
but then there were people actually joining and actually starting fires.
That's nuts.
I think during that, we also might have had some thunderstorms as well,
which didn't help either.
Just one thing after another, it all kind of escalated.
Yeah.
This year has been absolutely insane.
It's been a story of this year.
One thing leads to another, then everything's crazy, pandemics, zombies.
I'm scared for December.
I want to see what's happening in December.
I hope you just go back to normal.
That'd be nice. That'd be nice.
That'd be nice, but
I'm not used to
nice anymore.
One thing I do hope that does come out of this is
maybe people are going to be more appreciative, but
I don't see it.
No, I think it'll take
a much bigger
impact to people's life
to make people appreciate what they have more.
I mean, it's like the whole oil frogs thing.
If you slowly turn up the heat, then they just get used to it.
But if you turn it up quickly, it'll jump out.
And I think it's kind of going to be the same principle here.
If things just change bit by bit, people are going to just be used to it and think, no,
no, this is normal but then if
suddenly something's changed very fast that's when people think oh my gosh we had it so good before
yeah that's that's a fair point actually because even though it doesn't seem like it's been
a crazy escalation if like if the the race wars that are happening in the u.s right now just
started out of nowhere,
I think people would be taking them a bit more seriously than they are.
You're probably right about that.
There's been tensions for so long.
It was kind of inevitable.
Well, also the fact that this year has just been absolutely insane.
Oh, yeah, yeah.
I mean, it's crazy.
But, I mean, it's just at the same time, like when you look at the news, you think, wow, this is happening everywhere.
But I've seen nothing of the sort.
And my town is fairly mixed, definitely.
There's a lot of Hispanics, but we have very, very little problems.
Very, very few.
It always seems to escalate in the big cities.
And then because it happens in the cities, that's where the big media is.
And that's when it gets broadcast and made to be such a massive deal i mean it is a
big deal of course but of course yeah i think i think it's overblown in terms of how many people
of different races are really invested in it at least that's been what i've seen so far anyway
i like to imagine it as twitter has just come to life a bit too much.
Yeah.
It's,
it's yeah.
Twitter manifest in reality.
Like the regular,
like if you just ask some regular Joe,
what he's,
what he thinks about just some Hispanic guy down the street,
he probably has like,
Oh,
whatever.
It's just a dude.
Doesn't matter.
Exactly.
Doesn't care.
Doesn't care.
He's happy to just do his thing. And I've got my job to go to. I don, doesn't matter. Exactly. Doesn't care. Doesn't care. He's happy to just do his thing.
Like, I've got my job to go to. I don't care about him.
Exactly, yeah.
Actually, he doesn't have his job to go to right now, probably.
Yeah. Well, I mean,
around here, we're not too bad.
We're mostly back to normal.
Okay, cool.
But for a while, it was very frustrating.
I'm lucky that in my job,
I can work from home.
So I don't have to go into my office or anything.
I just was able to kind of roll with it.
And I think a lot of people kind of take that for granted
because I know so many people that are just housebound with nothing to do.
And I mean, that would play on anyone.
When I'm able to occupy eight hours a day,
for that start, I didn't really think
about anything of it but now I think wow I got very very lucky yeah well for me I've been working
retail during all of this so that's been an interesting experience um I bet yeah well
grocery retail as well so pretty much the only place where everyone's meeting at
it's the busiest place definitely yeah i'm lucky
i wasn't working day shifts i i'm a night filler so i still get to avoid most of that but even then
you were still getting tons of people showing up the during all of that and it was during the peak
of that i'd oh i guess early on i was thinking this was going to be another Ebola scare like we saw a couple years back,
or H1N1, or all of the other pandemic scares we've seen in the past couple of years.
And then it... I don't know what happened, but something changed,
and all of a sudden it became super serious.
I have a theory, and it's a bit of a conspiracy theory.
I think that it was, in part,
I do believe it's a very serious disease,
but I think it's been overblown somewhat.
But I also think that the government, as a whole,
kind of wanted to test the limits of what they could get away with
in terms of a lockdown.
But that's probably just the cynic in me. as a whole, kind of wanted to test the limits of what they could get away with in terms of a lockdown. Mm-hmm.
But that's just probably just the cynic in me.
I'm very cynical sometimes.
I've definitely heard similar things to that, for sure.
I mean, I've had family members who have had it,
and they've said it's not...
Oh.
Oh.
You're back. We're pretty horrifying, but whether it's been, I don't know, another strain or various mutations, when it's hit here, it's had a high death toll, but when you look at the numbers, it's a lot more older people getting affected by it.
Even though, of course, that is still serious.
Of course.
What just happened then?
You dropped out for a bit.
Oh, sorry.
Wait, did you not notice anything on your side?
Because you completely disappeared from the call on my side.
Oh, really?
Oh, sorry.
Sorry, no, I didn't realize.
I thought my speaker went off because I heard you speak,
and then suddenly it was very quiet.
Okay, so you did actually drop out.
It just auto-connected again.
Okay, that makes sense.
Sorry, where did you last hear it to?
I'm not even sure.
I think I got the gist of what you were saying, though.
Yeah, fair enough.
Yeah.
So how long do you actually want to take this for?
Because we're almost at two hours now
I mean, I'm happy
Whenever you run out of topics, I'm happy
Okay, cool
Live it up to you
Cool, because I don't know how long you want to stay around
Because you, what is it, five in the morning now
Or something like that?
Yeah, it's about
Just after five
When do you sleep?
I don't sleep for very long, to be honest.
I tend to average about 6 hours a night.
That's not as bad as I expected.
It's just the way my work shift goes.
But hopefully that will change at some point soon.
Because of the job I work, I am very bound by times and we kind of do
what's called butterfly shifts so for a certain amount of time we'll work at one period of time
and then somebody will take over from you right after you clock off and then maybe in a few months
they'll completely rotate it so i'll be working the days and then sleeping the nights whereas now I kind of sleep late evening to
very early morning and then
that sounds
gross
but it's kind of
explaining it's true
that's not great but
my wife's used it she's still in bed
well I guess if you're fine with it
it works
yeah it works but whenever we eventually
have kids it'll be a different story so definitely not not forever yeah that's for sure i do know a
couple of people who do those like overnight shifts and they have kids and it i don't know
how they do it oh it must be very taxing because at the same time at least you can get up, do your work
come back, take the kids to school
and then sleep
yeah, I guess it would be fine
if they were a bit older
we're old enough to take care of themselves
but if they're still at that young age where
they'll still need you
throughout the night
I don't know how you could possibly
get any sleep like that. Oh it would be hell and your work forms would suffer.
I've just kind of been coming up with topics off like just based on what we've been going on really um i think do i have one more left on here uh diversification there we go we'll talk about that for a bit so uh what are
you like what do you actually have your money in right now so you don't have to be super specific
but how are you actually splitting up the way that you're doing your investing
well i couldn't i probably couldn't tell you exact percentages up the way that you're doing your investing?
Well, I probably couldn't tell you the exact percentages off the top of my head,
but I have a large investment in land,
but I also have large investments in crypto,
and then kind of small to medium investments in gold and silver.
You have talked about how you do like gold and silver quite a bit in some of your videos. Pardon?
I said you do, you have talked quite a bit about how you like gold and silver in a bunch
of your videos, about how it's been, I guess, a tried and true way of storing value.
It has, yeah.
And it's got a lot of industrial use, particularly silver.
I mean, any electronic computing device you have tends to have some degree of silver. So it's always going to have demand, even if the price fluctuates. And I mean, there's a lot of talk about how the price is being suppressed because of paper silver compared to physical hard silver.
physical hard silver just because like it's the best way i think of it's kind of like fractional reserve banking you own something in paper even if that can't be backed up right
so you have uh even though you actually have a a silver backed currency you're still
you're still seeing the same sort of uh same sort of inflation that you can see with uh
with fiat currencies.
Exactly.
Welcome to banking.
Sort of defeats the purpose
of having the silver backing.
Yeah, yeah, yeah.
I mean, that's why
I'm always an advocate for
holding physical over
paper or digital.
But obviously when it comes to crypto, you hold digital and that's all you've got.
At least it's got an immutable ledger system to kind of keep it going.
Whereas silver is not really the same.
It's not crypto-based, it's just, I suppose it's computer-based, I guess,
but it's not secure, necessarily.
Well, when it does come to crypto, there are some coins that actually do expand the amount of coins that do exist within their system.
Ethereum being one example of a coin that does do that.
Yes, it has inflation, yeah.
So it's not like crypto is...
So that'll hopefully stop, at least it'll go down at least i mean there's enough ethereum in the ecosystem and it's divisible
enough that there's certainly not going to be any source supply shortage not for centuries yeah
because the point i was about to say was um it's not like crypto is necessarily immune to the idea of inflation.
Oh yeah, exactly.
I mean, even Bitcoin is inflationary until the halving is so...
See, each halving, the amount being minted gets smaller and smaller
until we hit that 21 million mark.
So eventually it'll be so small the introduction
of new bitcoin was so small that there'll not be any real inflation to it and i mean it's the same
for a lot of currencies i mean i think well even library credits it has it's a hard cap of
what is the hard cap in library credits i know it's got a hard cap, but... Let's find out. Is it a billion?
A billion sounds right.
I think it's a billion.
I'm going to just find out. LBC.
Not stuff from the UK. LBC coin.
It is... 1 billion, 8 hundred... sorry, 1 billion, 8... 83 million, 222 thousand.
I got CoinGecko up here myself, yeah, that's right, yeah. So, I see the circulating supply is maybe just
about
two-fifths of that.
So, until it hits the top,
until it hits the full supply, it's going to be
somewhat deflationary. But then, whenever it hits the cap,
that's it. Unless they
change the protocol to say,
okay, we're going to mint more, or we're going to be
able to mine more, then
that's when it becomes
deflationary because eventually you'll get stuff lost over time just to various ignored closed
accounts or someone who's lost their keys so it's it's still inflationary to a point and then
it'll switch go the other way so there's you can oh let's see what i'm trying to say right um
so there's by the oh make sure i think of what i'm trying to say first
within the next couple of years i'm not sure when bitcoin will actually hit its
or at least not maybe hit its max supply get to the point where the halving
is so low that getting to that max supply is going to take basically forever um over the next
couple years while we're getting closer to that it's still going to be obviously inflationary but
then once that shift does happen where the growth is so small that's where you could start seeing
i guess that that shift in how
the currency actually does grow if that made me sense. I mean it's also a degree
of adoption let's say the user base stays the exact same it doesn't really
expand much more still being used regularly within the user base then if
it becomes more deflationary then the price should theoretically go up.
But if user base expands,
then that means there's more demand for it,
so the price is going to go up anyway.
So there's so many aspects to it, really.
I think anyone who...
I obviously don't know a ton about
how the price is going to behave,
but I think anyone who says they know exactly what's going to happen
is trying to...
They're lying.
Yeah, they're lying and they're trying to sell you something.
Probably, yeah.
I mean, you see so many thumbnails saying,
Bitcoin to $100,000.
And you think, yeah, but when?
Because you're definitely not talking about this month.
Well, yeah, you can go to $100,000 tomorrow
if the US just triples their supply of money.
Yeah, exactly.
I mean, because it's $100,000, but compared to what?
Compared to USD, which if it keeps inflating,
then of course the value in relation to Bitcoin
is going to be more in terms of dollars.
I think that's one of the cool things I do like about your channel,
where you're trying to take the approach away from just looking at the pure USD value
and actually looking at what it's actually worth.
So going back to obviously the house example again with the gold,
what it's actually worth.
So going back to obviously the house example again with the gold,
where obviously the amount of currency that you spend,
the amount of USD you spend on a house is considerably larger,
but the value of the house has,
if you're going to go buy something that actually has a physical backing,
has actually gone down.
In terms of gold, yeah, exactly.
Yeah. I don't know what it's like with other... it could have gone up with silver,
I have no idea, but the basic... the point I was getting at was
you've... you're taking a different approach rather than simply looking at
oh the bitcoin is at this value in USD, it's more like what the bitcoin
could actually purchase. Exactly, what's more like what the Bitcoin could actually purchase.
Exactly.
What's the point of large numbers if you don't
get everything for those large numbers?
What was
the country? Was it
Zimbabwe? Not 100%. I think it
might have been Zimbabwe. What they did is they just
took the last two zeros off the currency.
I
think it was Zimbabwe.
Might not even have been two, but it took a few zeros off,
and then...
Really, it's just illusion.
It's just card tricks.
It doesn't actually change anything about the currency.
It's still the same value, really.
How many zeros did you say?
I think it was two, but it's probably a lot more it was 10 and holy crap wow oh wait no sorry i've got a better number it was 12 apparently
10 plus two perfect there we go
so that would turn 10 billion of their i don't know what the zimbabwe currency was called
10 billion of the, I don't know what the Zimbabwe currency was called,
10 billion of the currency into one of it.
I think it's called Zimbabwe.
Is that what it's called?
No, I'm just making that up. Okay, well, Zimbabwean dollar, apparently.
Well, okay, that works.
That works, yeah.
Keeps it simple.
That is absolutely insane.
It is crazy.
I mean, when I was younger, I used to think about things like Korean Won.
So the Korean Won has a lot of zeros.
Well, not maybe a crazy amount. It's got a few zeros extra to it.
And you think, if you have one one then
how really do you spend that but then i kind of had to think about it how we have dollars we have
we typically do have two extra zeros when we talk about cents
so i don't really know what my point is it's just i think it's interesting
i i think there's there's probably a point there somewhere.
A point somewhere, but I just find it fascinating how you can add extra zeros, you can take away zeros, but what you're buying is still the same.
I don't know much about that currency. Does it actually have a smaller denomination than just the full one thing?
It's something, I don't think so. I think it's just one.
Okay.
I mean, we don't really necessarily need the decimal places. We could just as easily say,
instead of having one dollar and ten cents, we could just times everything by a hundred
and say a hundred and ten dollars.
Mm-hmm.
But you're still gonna be able to buy the board. It just sounds bigger.
That's a good point.
I didn't think of that.
It's like when you get to Bitcoin and Satoshis.
I mean, you have, what is it?
Bitcoin's visible to eight decimal places.
So you could say I've got one Bitcoin,
or you could say I've got like 10 million, I think it's 10 million
10 million Satoshis
10 million Satoshis sounds more impressive but
really it's the same thing
I'm sure someone is going to complain
there's some mathematical reason why that's different
with Bitcoin but I don't know
I mean
it's the same principle, it's just a unit of
account really
if you watch episode 1 that's one of the key principles of money it it's just a unit of account, really. Which, if you watch episode one, that's one of the key principles of money.
It needs to be a unit of account.
Yeah, when you first said that point, I wasn't really sure what you were trying to say there,
and then you went and actually explained, oh, okay, well, it means basically you have,
I guess, denominations.
It's like, oh, that makes sense.
Yeah, exactly, yeah.
I guess, denominations.
It's like, oh, that makes sense.
Exactly, yeah.
Which comes back to the Zimbabwe point.
You take off the zeros,
you've still got a unit of account for it,
but it doesn't really change anything.
It's just the way you measure it.
Hmm.
What was the point of Zimbabwe doing that?
I think it's because the citizens had to actually take wheelbarrows worth their currency to be able to do their grocery shopping.
Right.
You're taking a whole wheelbarrow full of their Zimbabwe dollar and you leave with an empty wheelbarrow.
Well, not empty wheelbarrow.
You leave with your groceries in the wheelbarrow, but you have to leave the wheelbarrow the currency within the wheelbarrow
they would pay for
it because it was
inflated to such
a ridiculous degree
I know that a
similar thing
happened with
Venezuela as well
it did yeah
yeah
I don't think it
was to the same
degree but it was
still huge
it was massive
let's find out how
bad Venezuela got.
Venezuela currency.
Wait, is this talking about the current one they use?
The Bolivar, I believe.
Let's see.
Let's find out.
Venezuela's currency worth more as craft paper than as money.
Wow.
That's amusing.
That is from Al Jazeera.
Great news source.
I just looked up a Venezuela inflation calculator and
the inflation rate is
compared to 1980
2020 to 1980
the 40 year difference
it's
17 digits times higher
that's how 17 digits times higher.
That's how worthless it's become.
Jeez, that is...
I don't even know what to say
about that.
I would say
crypto might be your friend.
There does seem to be a lot of people on
library who are in places like Venezuela
and other countries that do have
a lot of economic problems.
I mean, it makes sense.
I mean, if they're able to get some
library credits out of it,
like a single library credit is worth
more than their currency.
Certainly in terms of dollar value
and if their inflation is going up so fast,
even today,
it's probably going to be considerably higher
a month from now compared to what it is today.
They might as well use library credits
because it's going to be much more stable.
And if they want to convert into dollars,
then they've got dollars,
which are much more safe than Bolivar,
even though the dollar has its own problems.
Yeah, it's safe in the Bolivar.
I don't expect the
US currency to go up
10,000, or to inflate
10,000% by tomorrow. That's not
something I see happening, but the Bolivar
could happen.
Probably will.
It could very easily happen.
I mean,
you have to feel bad for the people kind of caught in the middle of all that who
are suffering so heavily because of something not their fault.
Yeah, that seems to be a common point you bring up in a lot of your videos, where you
have a lot of this posturing from governments trying to be like, we're going to do this
with the currency and this with the currency, and then the citizens are caught in the middle
just trying to get by day by day.
Well, you'll like this point.
So, in the fall of Rome, which is a topic I love to bring up.
You really do like the fall of Rome.
I do, I do. It's very interesting.
It parallels today so heavily.
But this point's a bit different.
today so heavily.
But this point's a bit different.
So a decree was passed that made it so that
your son could not be
in a different trade from you.
Your son had to take on
your family business
because the inflation grew so bad
to the point where
people were leaving their trades.
And let's say it was a blacksmith.
If a blacksmith was earning
a good living,
but then suddenly the inflation went sky high, then they wouldn a blacksmith was earning a good living but then suddenly the inflation
went sky high, then
they wouldn't be able to earn a good living anymore.
And they would stop being a blacksmith. They'd find
something else to do. So
three years passed, they made it so
your son had to take on your role when you
finished. You couldn't just leave your trade for another trade.
So
it's absolutely nuts. Can you imagine if
you said your family,
your mother's side I believe, came from a farming background?
Yeah, both sides came from farming backgrounds, but I don't know where I brought
them from on the other side, but yeah.
I mean, imagine that, having to then take over that farm, and then saying to
your son whenever you have one, right, you now need to take over that farm. That's going
to be your destiny.
Imagine that with a modern approach with all the kids who now want to be youtubers.
I was a youtuber, now you must be a youtuber.
Yeah. Imagine that.
Imagine that.
It's just scary, the length that governments will go to just to try and take into position.
There's definitely...
Obviously, you can make the argument that it is trying...
that some governments may be trying to do it
out of the, I i guess the goodness of their
heart but there's i think you're probably right that most people are just trying to
maintain their power and try to do whatever they can to try to keep themselves in power
well i think part of the problem is that a lot of government workers don't know
more than your average your average other says in fact a lot of government workers don't know more than your average other.
In fact, a lot of times they know even less because they haven't been exposed to the markets.
And when you don't know anything about the markets,
you don't know anything about money, you don't know anything about the currency,
you're going to take what you think is the right approach
that ends up being the complete opposite.
And a lot of it, I believe, is probably accidental.
But when people try to control markets,
it's often people controlling markets that have no idea about markets. And a lot of it, I believe, is probably accidental. But when people try to control markets,
it's often people controlling markets that have no idea about markets.
Hmm. Yeah.
I don't know what to say to follow that.
I could be wrong, but at least that's what I think.
No, I think you're definitely right.
Especially if it would be true... I imagine it would be true that a lot of these people
who would know as much or even less than just your regular person
about how a market would function,
I can't imagine having these people being the ones
who are in control of it would produce a positive result.
Exactly. I think that tends to be the socialist approach. They think they know how it works. It's a Dunning-Kruger effect. They have a very,
very limited understanding, but they know a few terms. And then when they actually try and do
something with that, they end up realizing, oh crap, we don't know anything about this.
Better double down.
Well, I think that might be as good a place as any to end off the podcast.
Because I don't really have much else to say.
I've kind of been trying to keep it going,
but I'm getting too tired now.
It's going to get worse if I keep doing that.
No worries, no worries.
Hopefully next time I keep doing that. No worries, no worries. Hopefully next time
I'm less tired.
But, I don't know.
I can't imagine you'll be less tired
though, because it's still probably going to be really early in the morning
if we do that again.
Hopefully my shift changes.
Oh yeah, of course. If you go into your other shift,
then maybe it'll be a bit easier, because then
we could do it in my morning or something
like that. Which would be like your maybe midday or something we'll flip it around yeah
yeah but no honestly it's been fun and i really appreciate you having me on yeah no worries
for a month as a creator so it's great i thought it'd be a bit longer than that
no it's i looked i looked before we started the podcast. I think it's 25 days since I created my Aries Can Aries account.
Hmm.
Well, that's sort of what I want to do with this podcast.
I don't want to just, like, obviously I can.
There's a lot of people who I don't want to bring on who are, like, bigger creators.
And I do have some connections with them.
And I could get them on.
But I still do want to bring on people who are, like new to content creation who are producing like really awesome stuff like you are
thank you so no i think that's a good approach yeah it gives people an opportunity yeah and
obviously i also do like bringing on my friends as well because that's always fun to do as well
yeah absolutely so uh something I've been doing
towards the end of each
of the episodes recently
is
getting my guests
to just give a shout out
to some random other channel
you've been enjoying lately.
Ooh,
let me see.
Let me,
see, I watch so many.
Let me check.
I've been enjoying
Trav Crypt he's really
nice guy he's oh yeah I've got my videos like playing basic concepts he's good
he's also been very supportive of the channel he's always commenting on my
videos and it's nice because it gives a bit of back and forth yeah I have
noticed he has been commenting on pretty much everything you put out which is it's awesome. It's good I like it.
He's a nice guy. What does he do? So is Bitcoin anonymous?
Money flowing into Bitcoin? Remittances with crypto? Yeah it seems like a pretty
cool channel. I might have to check him out myself.
He's got his Trap Crypto.
He's got the Library Daily report.
And then he's got... Or is it Library Daily?
I think it's Library Daily.
He's also got Trap Travels.
So he's all about libraries.
Cool.
As for me, let's see what I'm going to chat out today.
What do we have on my subscription list?
chat out today. What do we have on my my subscription list? Yeah here we go, here's one. So this is actually a... he's only got a couple hundred subs on on library
right now but he has a couple thousand over on YouTube. He's a Linux creator who mainly focuses on
audio work, so
He'll do, like he's got videos where he does like beatboxing videos
But then he'll go over other videos where, or do other stuff where he's like, oh here's this
here's this open source software where I can like
like I have an open source synthesizer or
Here's a Linux distro I can use for audio production,
things like that.
So, yeah, this is a pretty fun channel.
I understand half the stuff he's talking about,
because audio stuff isn't really
what I'm super knowledgeable
about, but it's certainly an interesting channel.
What was the name of the channel again?
I posted it in chat.
I posted a link to his thing.
It's Unfa, if anyone who's listening to the show.
So, U-N-F-A.
I'll give him a follow too.
Yeah, he's a pretty cool dude.
I should probably send him a message, see if he wants to come on the show.
I've never spoken to him before, but I imagine he'd probably want to do it.
Well, I mean we're all about building communities and libraries so...
Yeah.
Yeah.
Oh.
Ah, yes. I recommend the profile photo. I've seen him before. Yeah.
Okay, so... if you have nothing else you want to say then
I'll just shout out my patrons
I just want to say
thank you again, that's all
I appreciate it
so
before I go I want to thank my patrons
a special thank you to
Joachim, Nathan, Andrew, Montazar, P.O.D,
Road, Tony, Noel, Fulari and Zilver
if you want to join the Patreon there will be a link to that down below, as well as my Amazon affiliate links, where you can buy the gearies on this channel, or
anything else you want to know, a small kickback for it. Also, check out my main channel that's available on Library,
BitTube and YouTube.
Library, BitTube, BitChute and YouTube. There we go. I've done this enough times,
I should know already. And also, if you're listening to the audio version, the video version is available on Library and YouTube. There we go. I've done this enough times, I should know already. And also, if you're listening to the audio version, the video version is available on Library and YouTube. If you're
watching the video version, the audio version is available wherever you listen to audio podcasts.
So, I think that's pretty much everything for this. I just forgot to ask you to mention what
your platforms are. Yes, I'm on Library, of course. I'm on YouTube. I'm on my library of course i'm on youtube i'm on bit shoot gab minds and twitter
those are my main ones is it just arias and arias on all of those yes it is yeah oh sorry for
twitter it's arias underscore canaris someone already took it yeah i know how that feels
that's why my name's not brody rober on Twitter. Yeah, so that's actually good, consistent branding.
I should probably do better myself.
So I think that's pretty much everything for this episode.
So Hal, do you want to sign out the podcast?
If you're not following Brody already, follow him.
But you probably are.
Thank you. So that'sdy already, follow him. But you probably are. Thank you.
So that's pretty much everything for us.
Arius is welcome back on the show whenever he wants to come back on,
especially if you guys want to see him back.
If you want to come back, you're welcome.
Yes, thank you for having me.
Absolutely, back another time.
Awesome.
There we go.
I'm going over my words again.
Yeah, all good, man.
I'm kind of going over
stuff again as well
um
yeah so that's
that's pretty much
everything for this
and uh
yeah I don't know how
I still haven't worked
out a way to sign off
this podcast
so uh
bye I guess
bye