TFTC: A Bitcoin Podcast - Rabbit Hole Recap: Bitcoin Week of 2021.11.01

Episode Date: November 4, 2021

This week Marty and Matt discuss: - lightning channel jamming research - largest bank in australia to add bitcoin payments - Miami mayor to take next paycheck in bitcoin, NYC mayor elect to take first three paychecks in bitcoin - aaron rodgers to get paid in bitcoin - Navajo Nation mining bitcoin - african bitcoin startup chipper cash raises $150M - mercury wallet v0.4.45 - btcpayserver v1.3.1 - electrs v0.9.2 - nix-bitcoin v0.0.57 - sparrow wallet v1.5.2 - rust lightning v0.0.103 - c-lightning v0.10.2 - wasabi wallet v1.1.13.0 - phoenix v1.4.19 - nth key v1.0.6 - hexa wallet v2.0.0 - compass mining doubles capacity with new deal - facebook dumping face recognition Shoutout to our sponsors: Cash App Unchained Capital Braiins Compass Mining

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had some technical difficulties but please forgive Matt O'Dell he forgives you this rip was brought to you by our good friends at the motherfucking Cash App Cash App's helping you stack stats, send stats, receive stats, sell stats if you so please

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pants down and sats on the table it's gonna be gonna look bad that's all i'll say you're gonna to look bad beyond that brains uh brains is looking to hire they're looking for rust developers they're looking for system admins they're looking for people who've worked on hardware the incredible team i would work for them if i wasn't so dumb um what else we got here what am i saying what am i saying go to brains.com b-r-a-i-i-n-s.com check out everything they got going on if you want to download the brains os plus firmware and you're not sure that the minor model that you're running is compatible they have that listed on their site they also have mining profitability tools again they're working on stratum v2 their team behind slush pool we had

a big update to slush pool this summer that allows you to create payment thresholds and you can have sub accounts that if you have a mining operation split between three people you can get payouts split at the pool level so you don't have to do like manual transactions after it's pretty cool go check all this out at brains.com b-r-a-i-i-n-s.com check out their twitter at brains underscore systems enjoy this rip freaks i love all y'all you're all cute cutie patooties you've had a dynamic where money's become freer than free If you talk about a Fed just gone nuts, all the central banks going nuts. So it's all acting like safe haven.

I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins. In the world of fiat currencies, Bitcoin is the victor. I mean, that's part of the bull case for Bitcoin. If you're not paying attention, you probably should be. You probably should be. The X button. Please don't hit the X button when we're recording, Matt. it's not my fault that this fucking app has horrible UX.

Yeah, it may have horrible UX. You might need to turn up your mic just a little bit to match mine. I'm pretty loud now, I think. I don't know. I don't know. This is a, this is recorded alpha right here. Recorded alpha. Here's some recorded alpha.

It rains a lot in Austin every once in a while. It rained all day yesterday. Now it's cold. It rains a lot in Austin every once in a while as a statement for the century. I mean, it did. It rained quite a bit yesterday, all day, torrential downpours. And I'm still in my outdoor office where I'm recording ads right here. I'm sending emails.

I'm writing newsletters in the rain, in the lightning, in the thunder. Well, you're not in the rain. You have cover. I have cover, but very loose cover. More exposed to the elements than I would be if I were inside. but yeah now it's the day after the the a lot of rain day we're here it's chilly i want to shout out uh kyle and car from the austin bitcoin club for accommodating me at uh at the um capital factory their co-working space uh the pleb labs you know we i recorded a podcast earlier today

another shout out to uh justin redrick um who wrote from bars to bitcoin um yeah the austin bitcoin community showing up i i didn't want to subject just into the the weather the the environment the cold weather um even though i'm doing it to myself now i thought i didn't think that would be fair to a guest and so yeah the austin bitcoin club fucking stepped up recorded a podcast in their studio it was nice and warm in there i can say that like he's texting we're just i'm sorry bro um no that's that's great i was i was upset that i missed i missed uh being able to take a tour of pleb lab um when i was in austin yeah the beverage on you i feel like you need a beverage a lot of a lot of good peeps working

out of pleb lab i got one okay good yeah i saw anthony ronan there as well on my way out yeah anthony's works out of there paul works out of there ben works out of there you don't know which ben i'm talking about i don't know which ben which ben carmen works out of there i believe i fucked that guy he's fucking too many bears dude he's gonna get he's gonna get some weird disease he's got a little bit of a problem ah you look tired you look tired i'm exhausted i i think i have like a cold i don't have covid but i have some kind of sickness That's what everybody who has COVID says. You look good.

You can say that. I look good. I'm exhausted. But yeah, it's been a good week. It's been a pretty crazy week of Bitcoin, man. Yeah. You've got politicians accepting Bitcoin as payment. Aaron Rodgers accepting it.

How cool was the Aaron Rodgers video? I mean, I know it was like a sponsored, semi-sponsored by Cash App. Another team Cash App, baby. Aaron Rodgers on the team as well. max for stopping aaron rodgers meg the stallion but so aaron rodgers is gonna his mic keeps cutting out what is it aaron rodgers is gonna take like half of his salary in bitcoin i think he said half right announced this week when he's also getting suspended um did you hear that drama no what is it i mean he got covid too right he

got a covet suspension yeah but he lied about the vaccine they asked him if he got oh got it he never got it what a boss number one well his body has choice i wish him the best on that i did not realize that but um the video was what is going on with this i don't know dude this is what happens when you try and run a podcast through linux i gotta i'll troubleshoot this another time but um his video was the you got to restart come back in i can add now his video was like the best celebrity uh announcement that i've ever seen i think for bitcoin just like sitting there with a glass of whiskey just like talking about how bitcoin's good and you're gonna get some free bitcoin yeah i know i have uh many college friends in our group chat they were blown up they got

sats from aaron rogers matt matt matt matt matt matt just restart you have to restart your computer uncle marty's gonna have to ad lib you just froze there i i mean to me you froze was it was it me who froze or you hop in the comments and see who froze for the free there oh yeah i gotta jump in the comments that's what i'm missing that's why i'm so tired i don't have my live chat up uh yeah so aaron rogers mayor suarez uh i mean we're diving into the list we have this on the list uh announced that he's going to take his next paycheck in sats new mayor of new york de blasio is gone see ya he's not gone yet but he's going to take his first three paychecks in bitcoin i believe he said yeah because suarez the miami mayor said he's going to take a full

paycheck in bitcoin and then i guess uh adams decided that he wanted to top him with free paychecks i love that but i'm being told that i froze so apologies freaks i don't even i don't know i don't know what to tell you hey it's okay oh no i just fixed your audio on my side you're coming in loud and clear i don't think you'd fixed anything on your side i fit no no your computer's broke i can't fix it i'm thousands of miles away i can't i can't manipulate it and i don't have the coding prowess to do it remotely um new mayor new york mayor adams congrats on the win pumped at your stack and sats but you're taking pictures with brock pierce that's just not not good pr okay we gotta we gotta people gotta stop giving like brock

pierce cover in the space and how does he like he was like took a picture with adams right yeah what i just said like that's the problem like all the corners just like flood in and just ruin anything that's good man like brock peepers look into his background go look at an open secret the movie that's all i'll say um there's some shady going on but i'm not sold that adams was ever the center of bitcoins and he was like vr ar like he just says buzzwords like he doesn't really he wants to launch a shit coin he doesn't you know i'm not i'm not the type that's like just gonna you say like the word bitcoin i'm just gonna fucking like simp for you as a politician like that's just not gonna happen yeah i mean you gotta you gotta be pretty base like

cynthia lummis for us to simp for you and he's pro vaccine mandate yeah senator lummis is the exclusion she's the exception she is she really is my queen um yeah yeah he's pro vaccine mandate that sucks and as uh firefighters are closing down stations in mass as trash collectors are not able to go to work as paramedics are not able to to go save people in need of uh of health emergency services police who are not able to tend to the streets and all the crime that's going on because of the vaccine mandates it's uh it's pretty fucked pretty fucked it's like they're yeah i mean well should be interesting to watch it play out but it fucking sucks for people who are losing their job over this shit yeah it's terrible and we'll get back to the vaccine

mandates uh right so we get to clark's dashboard right now the price of bitcoin is 61 150 cuck bucks you're gonna get 1635 sats per one cuck buck market capitalization is 1.15 trillion cuck bucks uh 34.1 ounces excuse me just went up 34.2 ounces of gold uh we'll get you one bitcoin that's a lot of that's a lot of gold you're gonna have to stack um to get one bitcoin we're currently at block height 708 217 we are uh between difficulty adjustments we had one between last week's episode and this week's episode and it was a pretty significant upward adjustment of 7.9 blocks were coming in at 9 minutes and 18 seconds on average so the bitcoin network self-calibrated to make it a little harder to mine bitcoin to push it closer to that 10 minute

block production target however there's more hash rate coming on the network where some people nitpick that but it seems that uh blocks are still coming in quicker than 10 minutes on average we're 1415 blocks away from the last or excuse me the next difficulty adjustment so we're 601 blocks away from the last difficulty adjustment so i see that's enough that's enough data for a somewhat accurate estimate for the next adjustment which is estimated to be 4.3 percent up that's because blocks coming at nine minutes and 36 seconds on average and that is estimated to be on november 13th 2021 so that is nine days from today so a weekend difficulty adjustment if everything holds equal between now and then transactions and clark's

mempool are around 8300 8309 as of right now uh one sat per byte fees are still getting in if you're willing to wait a little bit we are currently at oh 444.1 bitcoin in whirlpool unspent capacity it's 271.7 million cup bucks worth of unspent capacity um matt's muted you fixing things over there i was typing to the rider dies in the chat what are they saying what are they saying my keyboard my keyboard's really loud so if i if i type without being muted it's it's quite loud to the microphone it's like you're on a typewriter yeah i like the mechanical keyboards i'm a fucking i'm a fucking sucker for the mechanical keyboards yeah you're lucky you work from home you know it's good to know you're you're not using that

like in a queue yeah it would be it'd be a really dick move to be using that in a cubicle yeah uh what are the freaks saying in the chat you don't have the chat open they all sold me out and i'm the one who froze yeah it's not selling out it's just being truthful you know i know but they all like raced to let us know all we needed was one of them to let us know this is why we're bringing on a producer freaks we're searching for a producer we had a very good tryout today meeting somebody else tomorrow right we're close to get a producer i guess i guess we'll just say that and uh marty's been making that promise for for a little over two years now so well you'd like to fix our audio and that we're gonna have

a producer this is well this is the first time i've actually gone and like met with somebody this one seems real yeah yeah i'm interviewing people for the two weeks two weeks all right now i'm popping out the chat since you made me do it back to i didn't make you do it i just you told me to open the chat so uh charlie spears am i coming to okc meet up next tuesday no i'm not i'm not gonna be able to make it um i wanted to go to that that looks good yeah i'm just taking i'm taking the month of november off freaks i think i am as well i'm not making a tab conf either that looks awesome that speaker lineup is fucking stacked i know michael tidwell if you're listening i'm sorry it's just been a chaotic two was a real one he really is um what else

is he going to say oh yeah back to vaccine mandates i keep going back the uh biden administration coming out threatening to uh to direct osha to force companies small companies below 100 employees to enforce vaccine mandates uh this particular mandate that he i believe january 4th is the new deadline for for larger companies does not have a carve out for truckers this is what i wanted to get to um it's just completely asinine there's a few things to touch on in this uh truckers aren't going to get it not all the truckers but it's obvious that a lot of them aren't going to get it so you're just going to exacerbate the supply chain problems that we're experiencing right now because people are going to be forced not to be allowed to go

back to work um and then the small companies as well it's like you're forcing small distributed teams too like even if you don't have an office it's all i don't think they're going to be i don't think they'll be able to enforce that well that's the other thing i was going to say um was is any of this enforceable and do these mandates actually have any connection with the law i've been hearing things that they don't like they're just posturing i think it's mostly posturing but i mean i i think we should probably talk about bitcoin and you know if we want to talk about this put it towards the end but okay i think the key takeaway you started when you brought it up with mayor adams you brought up with mayor adams and i just yeah well it's just funny that you

know bitcoiners like i don't know there's like very little consistency on bitcoin twitter like you can send out an engagement tweet that's like the new york city mayor loves bitcoin you know no you just disregard all the rest of the i got i got one for you the bitcoin magazine tweet about joe rogan today i watched a clip and like it seems like he might have been joking about it i didn't watch the full thing but i agree you know i'm not going to defend it i'm not going to defend there's definitely a lot of engagement tweets that come out of the bitcoin magazine handle um but it's definitely not limited to just them i like to think they do source better than some of the other i do as well i do as well

um supposedly it wasn't a joke i'm being told it wasn't a joke and that the longer clip makes it more obvious that it wasn't a joke all right good but the short clip the short clip completely sounded like a fucking joke yeah um but my point was it's just like i've said for a while now like this one of the scariest parts about the vaccine mandates is like you're literally just like clearing house of of all of these organizations especially the government organizations where you're just you're clearing house of anyone who it's him freaks is it him or me who refuses to comply so like the only people left i heard it briefly now it's gone right there you go um the only people left are the goody

two-shoers who will and that gets really dangerous in like five ten years but if we're talking about like bitcoin regulation like i don't know did you see what patrick dugan posted yeah i retweeted it like i don't know what is it i mean then somebody else posted a thread from september of somebody warning about this too this particular this particular um uh carve out in the uh i guess the spending bills in like a while in the running but like matt my point is what your your setup is all wonky right now my connection's unstable i don't know why my internet's all fucked but uh my my point was that if you think that we won't have bad bitcoin regulation because it's just like untenable and against like american values

and then you just watched everything that happened over the last two years in terms of you know closing down businesses and forcing vaccines on people uh to to work to have their livelihood um like i don't know what to tell you like i i feel like it'll be way more tenable to do bitcoin restrictions than it will be to um do everything that they've already done so i'm gonna try switching mics all right you try switching mics just keep talking while you try switching mics i completely agree i don't think any efforts that we make coin center maybe even some of these bitcoin packs that are popping up make uh to try to perturb the kleptocratic kleptocratic government that we're subjected to um from writing and signing

into law the onerous bitcoin regulations i mean if this one you know patrick dugan brought up earlier today gets passed it's going to make it essentially impossible to send pure well that's point i'm trying to make too they're going to try and make it illegal to send peer-to-peer transactions without uh collecting all the personal information of your counterpart and sending it to the government with a 1099 form uh they're going to try to do it they're definitely not going to be surprised i mean this is going to get signed into law tomorrow night or tomorrow at some point um and this is similar to the vaccine mandates and all that stuff stuff like what's going to stop it it's not going to be the people in washington or the people

writing the laws or the lobbyists behind them it's going to be the citizens us exuding we're not exuding exhibiting civil disobedience it's time to stand up and say all right this is fucking bullshit bitcoin exists it's a good thing in this world i want to use it the ability of individuals to collect kyc data and the government expecting individuals to collect kyc data on the counterparts of bitcoin transactions absolutely ludicrous like it's you can say it's cruel and unusual punishment and uh just a crass invasion of privacy beyond which has ever been attempted by any government it's truly sickening we just need to stand up and disobey like i'm sorry i know a lot of people

get triggered when i say that but fuck these people like they're trying to stop us from sending peer-to-peer transactions uh and they want us to collect more data imagine how if that law that that particular section of the law that's about to be passed gets through you imagine how more insecure we couldn't even we couldn't even imagine the kyc aml data being more insecure until like this law gets passed so you're expecting fucking joe schmoe to write down a social security number and yeah at home address it's like what the fuck like how do i sound now am i really low uh you're a little low but i can turn you up wait let me see testing testing and on the bright side no matter how bad that shit is i guess it goes into place in 2023 2024

yeah so we'll have a year to prepare we'll have a year to build up more privacy enabling technologies mesh networks stack as much as possible while avoiding kyc before shit gets really difficult what do you think about civil disobedience what are your thoughts on it in this particular context will it be necessary is that the only way out seriously earnestly that's like i think peaceful peaceful civil disobedience peaceful non-compliance is always an important uh tool in a hey

you're gonna have to go to your phone you're gonna have to go to your phone anti-toolbook tool set why you're gonna you gotta get off your wi-fi you gotta get on your phone's wi-fi or something am i still freezing yeah it's just like intermittent freezing like i can't even tell i'm freezing yeah it's intermittent freezing let me reset my router just keep talking talk about bitcoin stuff though okay i will i promise i will go go through the software okay i'll get through this no we're not going through the software updates or updates okay you go reset your router i'm gonna sit here we're gonna talk we're gonna talk about lacrosse lacrosse is a great sport it's uh it's a great team building sport you need to you need to be able to to think

it's a it's a very cerebral sport you need to know where the ball is on the field at any given point in time and where you are in relation to the ball and the man you may be defending or being defended by it's a big spacing game there's a lot of picks that play there's communications key if you want to learn how to communicate and talk to your teammates lacrosse is a great sport for this okay i think it is a sport that demands a high degree of intellect you have to be able to communicate you have to be able to know where you are in relation to the ball uh and now it will save the things now that i know that more that matt is is in the middle of processing his his router and that's fucked up we need civil disobedience like these people fuck these people like what

they want us to collect all this personal information on like if i sent fucking bitcoin to matt they want me to text matt and be like all right send me your social send me your home address uh how did you how have you been making money like um and here's a 1099 then they expect me not only collect that data so we get a 1099 form and fucking send it to him and like process it through the irs are you kidding me fuck these people like this is fucking ridiculous and i think it needs to be uh we need to like lean into this and i think civil disobedience is a good way to lean into this shit we just talked about lacrosse for like i was listening i had a backup wi-fi but i wanted to be on this router okay um do you know

do you know the story of peter schiff's dad i i do know there is a story to peter schiff's death i do not recall it's something to do with puerto rico doesn't it peter schiff's dad yeah he died in jail oh yeah for tax evasion or something like that right he said it was against his constitutional protections to pay his taxes is that a warning just it's a historical lesson i'm you know i'm a i'm pro protest i'm pro non-compliance and hey i'm not saying double disobedience but i'm saying don't pay your taxes freaks should pay their taxes because i'm not that did i ever once say don't pay your taxes i said the kyc aml compliance of that law

kind of base not gonna lie it is based is that fucking stubborn to be like i'm fucking not paying my taxes i'll die in this prison peter just he's got strong blood in him for some reason he doesn't like bitcoin he's got maybe it skips a generation peter schiff uh spencer schiff excuse me it seems to have his his grandfather's uh uh yeah braj has a good advice speak to your accountants freaks speak to your accountants are you an accountant brush do you want to be my accountant i just i just like marty i think if um if we go down like a worst case scenario path in this country there are going to be certain things and there already are certain things that you talk about at pubs and there's certain things you talk about live on air like you just

i'm not saying don't pay your taxes okay i'm saying collecting i was trying to dig into the absurdness of collecting the kyc aml data like takes but like to send a bitcoin transaction you expect me to like get your social security i know it's fucking completely untenable but logic hasn't stopped bad regulation in the past so it's still possible and it like basically what it does is it creates like it base it basically criminalizes those kind of laws basically criminalize any kind of private bitcoin usage period yeah that's what i mean that was in patrick's thread any type of coin joined like even like a lightning network transaction like it's all

yeah i mean like when you forward a payment on lightning you're supposed to you know we'll see that's why this whole like cheering on politicians thing kind of not here for it oh how do we what do we do if we can't share on politicians what we do i have uh there's some there's some good news in the list we could talk about yeah let's get to the good news well before we get to the good news talk about that lightning jamming research piece i liked it which one the one glebs post or yeah glebs post through bitmex research yeah i mean i like that we know more about jamming attacks the solutions don't seem like optimal solutions at the end they all come with privacy trade-offs or costs so the idea is like if you're

an attacker and you're trying to jam up someone's channels you can lock up their capacity and you can lock up their forward payment slots by basically routing a payment through them that goes to one of your god damn it man oh he might be gone this time freaks might be gone there he is i'm so frustrated i don't even know hey hey we're gonna get through this we're gonna fight through this adversity we've done it before we'll do it again i was making a good point too i think i know you were um but it just shows how young lightning is like we haven't really had any kind of

adversarial attacks yeah yeah exactly so the jamming attack like matt said a malicious actor could basically ddos the channel and either they would basically send a transaction or a bunch of transactions that would either tie up to liquidity or the ability to send individual transaction because there's a limit on those i believe it's like 483 um and they would never finish the payment so they could just have it sitting there in the channel so it never um never completes and then nobody else can send sats to that channel while that attack is going on gleb um under the bitmax research blog uh wrote a very in-depth post on this explaining the attack and then the proposed solutions from himself antoine riard josie agar uh tina nugent um i believe roast

beef had one in there i could be missing a couple others uh they're all unique ways to try to fix this problem but again uh i believe the best at least to me solution to this problem that was proposed was a combination of roast beef's solution and antoine and gleb's solution which would uh come with like a tokenized reputation system and then like a staking mechanism as well is that correct do you think that was like the best of the options yeah i wonder if like fidelity bonds could be like a thing here we were talking about that in the arbed out episode yeah but i think ultimately it's a denial of service attack right and like the idea is is if if you're like competing on routing fees and you're trying to be a profitable routing node um other routing

nodes are incentivized to try and you know denial of service you to jam you up right so that they get the routing fees instead of you um so i think this kind of stuff you know like i i appreciate all the adversarial work that's being done by you know these guys you know gleb and um antoine but ultimately like i feel like changes won't be made until attacks start happening like that's always been my thesis with bitcoin as you know why i love bitcoin is just because it's it gets more robust as it gets attacked but lightning just hasn't been getting attacked so like it needs to get attacked first before it gets more robust yeah i would agree with that but even if it does get attacked it seems like they're trying to front

run these attacks and the solutions to preventing these attacks are don't seem optimal at least to me and what do you think about the trade-offs proposed and all the solutions but like it's one thing to theoretically come up with solutions it's another thing to actually have uh you know like the protocol teams implement them and roll them out right and is there enough desire to actually roll them out if there's no attacks yeah that's a good point but again let's say there was an attack and these were the solutions on the table he even seems to say that they're not like ideal yeah i don't know like a lot of it's above my pay grade marty but do you think do you think they're ideal solutions i mean he says they're not his conclusion was basically like this is a

problem yeah i mean you have a you have you have a combination like the solution again what i deem to be the optimal solution with the combination solution that he wrote about in the end and i create like a tokenized reputation system which would deprecate uh privacy to a certain degree and then you like have to pay to send transactions so similar to a fidelity bond but not exactly but it's like if you're if you're even if you're an honest actor and you're sending a a transaction over lightning network that fails you're still paying for that so it's like the eth gas situation where they they pay for gas even if their transaction fails and you've been shooting horrible ux and just probably enters like there's all these other attacks that can happen because

of it right yeah yeah um wouldn't the jammer need a lot of funds no you don't need a lot of funds it seems like they don't like you can take up the whole channel liquidity with a lot of funds or just like the capacity to send individual transactions which there's a limit on again which is like 483 transactions so the whole point is it's not even a real payment so you're not even i don't even think you're locking up funds yeah i don't know it doesn't seem great it doesn't we're gonna link to the blog post in the show notes feel free to go read the blog post hopefully we there's more discussion around it yeah i wrote about it the bed yesterday um yeah it's uh hey growing pains growing pains hoping that uh we figure out a way to fix it um beyond

the solutions that were put in that blog post the largest bank in australia is going to add bitcoin payments they're doing it the right way too they're gonna allow their customers to take it off off the bank are they believe so well that'd be great i mean supposedly i'm talking to some aussie freaks i know it is like a big deal like they are in fact the largest bank commonwealth bank six over six million clients half a million customers to buy sell and hold bitcoins so when i hear hold bitcoin that's me making an assumption yeah when they say hold that's not a safe assumption yeah it's unclear whether customers will be able to withdraw their bit my guess is they're not allowed they're not going to let you call um which is fine i mean people shouldn't use

it you know like you shouldn't buy bitcoin from your bank but it's it's it's great for a reputation you know it definitely is an endorsement of bitcoin in in australia yeah i would agree major endorsement i would agree um shout out to the australian bank you know it's a it's a it's a prison in the ocean an open-air prison in the ocean at least they're going to be able to buy sell and hold bitcoin on the exchange in their bank in their bank i'm sure the bank won't do anything unethical with it you'll be able to trade you'll be able to trade bitcoin uh in your in your concentration camps over there conveniently yes yeah hey you'll have that you won't have autonomy over your body or the right to move but could be able to buy sell

and hold bitcoin with uh australia's largest bank take that win you australian freaks um we already talked about all the mayors accepting bitcoin there and rogers as well navajo nation is mining bitcoin how cool was that video so cool shout out to will foxley and the team at compass disclaimer sponsor the pod um really cool video i mean this is like i um love to see it love to see it and like it's if you're in the mining industry particularly in north america in the oil and gas industry great american mining um some of the deployments that that we had in the field were on taro land on native lands and it's like they've got a lot of natural resources and it's one um one thing that like i think mining should be pervasive

throughout throughout um the native lands in the u.s there's a lot in oklahoma um the navajo nations mining obviously already we got north dakota south dakota that whole area of the country has a shit ton of natural resources a lot of which is on these native lands and they should be mining bitcoin i think it'd do wonders to to help pull them out of uh poverty and and i'm gonna say despair but uh pretty fucked up what's happened to them throughout the last couple hundred years um i don't know if i'm correct here but like one of the takeaways i took away from the video was that there's like some fucked up agreement about how the and they can't own land well like what's underneath the land like the mineral resources they technically

don't own i believe they have some mineral rights but but that's why they're using solar is because like they can just put solar panels on top of the land and like they can extract value that way because they have so much sun yeah i don't know if i if if that was the correct takeaway but like that's kind of what the video insinuated yeah mineral rights is a is a tricky subject it's different from state to state um county to county uh but if they do own minerals i think they do own some coal um they should be mining bitcoin that again yeah it was my only knock like they're using solar um they should be using denser energy sources but but if they if they don't own the fucking coal yeah or the i don't know if there's gas underneath there or anything but if they don't

if they don't own the resources but they're able to extract via solar then that's a perfect use case for it yeah yeah i'm just around on the bullshit agreement yeah and i'm happy to see that they're mining happy to see they're getting into bitcoin i'm hoping it does good things for them anything else you want to add to that nah it was it was just an awesome awesome story glad to hear it yeah made me happy more awesome stories uh african bitcoin startup uh chipper cash raises 150 million i believe that was led by ftx yep and they're um and they that's a pretty like african remittance bitcoin company right yeah yeah so chipper cash and african cross-border payments company that raised 150 million dollar series c round an extension round uh this was only a

couple months after raising 100 million um trying to look for valuation here now that we're vcs we have to look for the value valuation valuation slightly above 2 billion i know you're triggered by that i already knew the valuation though but fuck venture capitalists uh so this is uh this is great to see and it seems like a very popular app down there too yeah i mean i never i like they were like kind of on my radar did they like twitter integrated with them right they're about to integrate with the tip jar on twitter that's where i heard about them like a week ago or two weeks ago yeah yeah so they're going um it's happening baby it's global too it's really cool to see the bitcoin startups popping up in the developing world you know latin america africa

yeah um makes it makes my heart warm it's global baby it's global it should be expected should be expected not only should it be expected again i said this when the ibex mercato guys were on too like i think we're gonna here in the western world going to be uh slightly surprised i don't think i am but i think a lot of people are going to be surprised at how much innovation happens from these parts of the world as opposed to like the western parts i think they're actually going to build bitcoin services the correct way in the self-sovereign way because they have to and i think we'll see some of the most interesting tools come out of

African nations, South America, South American countries, Southeast Asia. I think that's where we'll see a lot of the innovation around the tech stack of Bitcoin, particularly using it in a self-sovereign fashion. Especially if the laws

get worse here. I mean, it seems like the laws are going to get worse here. We're not going to talk about civil disobedience though. It's not allowed. on the shout outs Marty I will never stop you from talking about whatever the fuck you want to talk about I know

just don't want like rabbit hole recaps being played in courtrooms so you sat there and you just let him speak like this you're culpable you're an accomplice to common sense and critical thinking

one shout out this week I had to read what's put in front of me I may not agree with it but here it is fuck Ted Cruz no matter what somebody does not like Ted Cruz they decided to spend

50 sats 50 bucks excuse me 50 cuck bucks worth of sats to let the world know that fuck Ted Cruz no matter what I don't know why my internet's not doing well maybe your internet's not doing well and it's my connection to you

i got that two gig fiber bro my internet's fine don't try and blame it on maybe they tap the lines i have fiber here that's what i was just gonna say they probably they're probably trying to throttle throttle your lines over there well because i'm connected to you and then you're broadcasting out right don't blame it on me stop trying to blame it on me the freaks have corroborated that my my clear uninterrupted uh yeah but i'm not saying i'm not the one who's freezing but i'm connecting to you and then you're streaming it out

yes was that in effect no because your your videos like recording locally no it isn't then sending it to me yes it is not i'm not freezing locally i'm my like the internet connection between me and you is freezing up yeah i've been on calls all day i haven't had a fucking single stability issue and then we go live here and fucking it's just non-stop non-stop third world country over here you are still in new york and it is going that way so not for long yeah yeah somebody just asked how much is a shout out in sats well this shout out was purchased on halloween again the Shadows fucked Ted Cruz no matter what.

Don't agree with it. It was $81,189. That's how much it cost. Paid over the Lightning Network. Do you know who sent us the payment? Nope. No idea. We gotta send him a form.

Right? Fuck. Or does he have to send me a form? Are they supposed to collect my data? I think that's the way it goes. he's frozen again it's his internet not mine i think you're both i think the receiver you're saying it's the receiver oh man oh he's not gonna be happy i think it's

you while you're complaining about not hearing me i turned off my video are you good yeah can you hear me yes now i can i heard you that whole time too what was i saying well like i heard you say like oh boy he's frozen again or something like that this is freaks is gonna be one of those rhrs where we we stop recording we stop streaming and that's a god damn damn that's why you just kind of moved awesome we do this in person

you should just move wherever i'm moving come on come on we we you had a good recruiting trip don't lie you liked it down here i saw i saw your face and there was a look of content throughout the duration of your of your visit to austin texas i'm frozen i can't respond all right we'll um we'll move on to software updates mercury wallet version 0.4.45 has been released btc pay server version 1.3.1 has been released as well electris version 0.9.2 has been released nix bitcoin version 0.0.57 has been released you had the next team on or

you had nickler on at least uh on tuesday how's that conversation yeah so nickler is the lead maintainer of nick's bitcoin and then i had uh one of the contributors on as well nick's a legend yeah he's awesome it was a good conversation it was a really good conversation everyone should consider trying out nick's bitcoin and listening to the dispatch yeah i've the dispatch on my queue. Only because the comments on that, there's been a few, but they've all been like, holy shit, this is really good.

It was a very technical deep dive from what I can tell from the comments. But very good. Very good rip from the freaks. That's what the freaks are saying, and I'm going to listen to it. Sparrow Wallet version 1.5.2 has been

released. Running that. Consider updating. rust lightning version 0.0.103 has been released sea lightning version 0.10.2 wasabi wallet version 1.1.13.0 phoenix version 1.4.19 and key version 1.0.6 and hexa wallet version 2.0.0 have been released did i just lose you temporarily mad adele not me freaks matthew i've been reported to the great oak tree foundation for abusing trees

i don't know why you're going to report me to the great oak tree foundation uh this is a pecan tree austin's known for its pecan trees is a pecan tree not an oak tree odds of a bill clinton queen elizabeth death combo deal hmm isn't bill clinton like uh in the hospital for like cespedes or something like that okay i'm on the hot spot now okay he's on the hot turn your mic up all right he's back no promises no promises mike is up all right there we go what do you think uh what do you think about the bill clinton queen elizabeth that combo deal i am not going to speculate on any former heads of state or current heads of state's deaths

bill clinton uh maybe try to roll them out hillary hillary's list may grow um this was cool news disclaim response to the pod compass mining they uh are looking to double their capacity their hosting capacity with a new deal up in canada they're partnering with red jar digital to build out some more infrastructure uh to to have some hosting facilities that they'll have more control of uh up in ontario i believe it's like 140 megawatts yeah adding their capacity yeah but i guess it's not online yet right like it's gonna yeah it's gonna be built out um big step up up up up up let me see yeah i can't find the uh

uh focus on green mining get that shit out of there wet uh it's 20-year partnership agreement it's using hydro yeah focus on green energy what is green energy matt can you describe it to me you define it for me that sounds like a fucking trap just i'm curious it's like this term that came out of nowhere like what is green energy it's been a narrative that's been spinning for a while now yeah oh that's a good topic what'd you think about like the cop 26 whatever that big climate meeting where all the heads of states flew they all flew their private jets over to fucking larp at us he had fucking greta thunberg

in the street screaming blah blah blah she's like she's clinging on to that blah blah blah speech uh it's getting a little old greta it's getting a little old um the hypocrisy canada is going to move a hundred percent off oil and gas uh the u.s probably won't be far behind and now we have biden coming out and he's blaming russia and opec for our our natural gas and oil problems here in united states because they're they're being stingy they're raising prices it's not the fact that you shut down the shale industry and new mineral leases on federal lands it's russia's fault well it's always easy to blame someone else yeah are you learning that lesson today what it's always is it my wi-fi problem i

you know obviously if it doesn't freeze again and i'm using fucking like two bars of cell internet then it is is clearly my issue i was just i was just speculating okay okay speculations okay speculations okay um what do you think about the compass mining stuff i mean it's good i mean it's been i think it's massive that's their biggest fucking issue is that they have no capacity yeah and i think this gives them more control over the capacity that they do have um i think it's we saw from like the blockware situation you don't want to just like add capacity places if you can't actually secure that capacity long term because then you have a complete clusterfuck on your hands if you lose that capacity yeah it should be the goal mining

is to vertically integrate as much as possible ideally from the energy source you're never to vertically integrate to the asic level i don't think um but energy source electricity generation mining infrastructure that leverages that energy infrastructure um the energy generation excuse me then at a certain scale too you could very vertically integrate to the pool level um and beyond um which i think personally having been in the mining industry for the last few years is somebody figures that out is able to execute on that is going to win massively over the next three decades well isn't that like kind of what like these large public miners are doing no because they're all marathon or something no because i don't think they're

hosting marathons hosting with a lot of people are not building their own infrastructure it's like a blockware situation but they have their own pool right yeah they have their own pool so yeah so they're integrated at the other end of the so they don't actually own their own warehouses i don't believe so now i think there's like a big public announcement they're hosting a lot of their stuff with northern data um most recently did you see that blockstream released their seventh tranche of such a weird word tranche tranche tranche tranche sorry of their mining token i did not mining security token you put uh you put vick on the spot at a maybe god at a gathering i mean it's cloud mining right i don't know honestly i'm not

well versed enough how is that now cloud mining i mean yeah it seems like it but i don't know i don't think i just don't feel like i know the mechanics of the particular product well enough to deem it a hundred percent worthy being called cloud mining it does seem like it though i mean i'm skeptical of hosted mining to begin with where technically you own your own asics like what compass does where you own your own asics but they're hosting it for you i mean i would say that's better than buying like a security token and then i would say that's better than buying like uh mining stocks and then the best is just to hold the hardware yourself and mind yourself yeah yeah like everything in bitcoin trade-offs spectrums

um ideally you want to have your your asic mind yourself um if you can do that you should do it but no it does come with risk you need another electrical infrastructure set up that you need to have ready for that miner you know how to access the miner's ip and then point that stuff at uh at a mining pool and all that all that good stuff so if you're willing to take that risk and go through all that hassle you should definitely do it at home if you can um it's easier that i think it's easier than people think yeah i mean especially today there's so much there's a enormous amount of information tutorials uh and other individuals doing it who are more more than happy to help out shout outs to econo alchemist uh big kahuna uh neil ronan minor

ronan diverter areas same um same uh yeah there's plenty out there there's plenty of information and people willing to help out um yeah i'm gonna i'm gonna start self-mining as well speaking of self-mining we don't have i got scanned with cloud mining someone's saying they got scanned with cloud money i got scammed with cloud mining yeah i don't even want to think about how much i lost on that shit which one was it giga whatever in washington no no it was earlier than that okay it was back in the heyday of cloud mining in like 2014 2015 yeah when like there was like a million cloud mining providers wasn't big burn one of the biggest we had g hash was one of them but it wasn't g hash i don't even remember i just tried to hide it from my memory trying to

pigeonhole it memory hole it excuse me memory hole it um yeah what's old is new again marty which brand of lacrosse stick did you rock uh the brian offset edge is the goat uh yeah i would i was a defender so i rocked an edge i did um but i would use a uh i'd use a warrior shaft but the edge head um g hash lol so maybe it's actually funny i was talking to my brother about mining last week and we were going over 51 percent attacks and so like this is probably a good lesson for any of you freaks who may be newer to bitcoin btc pins uh is asking g hash question mark lol g hash was a large mining pool they also try to offer cloud mining services at one point i believe in 2014 or 2015 they were innovative cloud mining

because you could trade your hash to other people they had like a liquid hash market yeah it was very innovative at the time and they had over 50 percent well that's what that's the lesson i was like everybody's like oh 51 attacks or like just like bitcoin's gonna die like what if pools get uh all that hash rate and g hash is a perfect example and again 2014 2015 they amassed i believe 55 percent of network hash rate um peter todd famously sold a bunch of bitcoin because it happened he sold 50 of his bitcoin allegedly yeah that's what he told us um and uh people were freaking out like ghash got a 51 percent than that attack they did they double spent a couple times did they they were attacking like gambling services i didn't realize that well

anyway the board got out and miners quickly individual miners on ghash completely left the pool well the danger was so like ghash was both a pool and a cloud miner so obviously all the hash that was cloud mining hash couldn't move but that was only like 40 of their total hash rate and then the remaining 60 were other miners that were pointed at their pool because they had very low fees if they might have even had no fees just to get their hash up yeah and they made their money on the cloud mining so those miners left and then they dropped below 50 pretty quickly yeah and they but the pool died quickly after they attained 55 of the hash rate they came out and they're like trying to do damage control like we'll make sure we'll never go over 40 of the network hash rate

which i don't even know how that's possible um anyway people move quickly people react at individual miners a lot of people like to think of miners as these passive entities that'll you It'll just mindlessly point their hash at a pool and let the pool do whatever they want. But that was an instance early on in Bitcoin that proved it seems not to be the case. Individual miners are buying miners and securing the network

because they care about the network. And if they see that a pool, I don't even want to say that GHash was acting nefariously. I think it was just the product of their own success. Put, I don't know if Matt's claims true. If they were acting nefariously. If they were double spending, then yeah. look it up it's out there don't trust verify uh i never knew the double spending thing

because they attacked like they were they intentionally were attacking like gambling sites because there was less uh and zero there'd be less outcry than if they attacked like an exchange or something that makes sense rest in peace ghash or rest in hell rest in hell excuse me what did you chaos is that like a is that an expression it rests in the seventh layer of hell um i'm very interested to get your take on this facebook dumping face recognition you know it's good news i don't you know i think the damage is already done they already have a massive database um do i actually believe that they're just getting rid of face recognition going forward like i find that hard to believe but

a large public surveillance company pushing away from facial recognition is obviously a win that is like a massive massive win that i never expected in a million years um claiming to have deleted 1 billion yeah they're saying they're deleting their database so that's good what do you think's going on with facebook they're uh pivoting to meta you think zuck's having like a

well the meta thing is like i mean the name the name is fucking ridiculous uh but and it's really sad because i love snow crash so like this whole like co-opting of metaverse and it's not just with them like the shit corners are doing it too it's just

it like kills my inner child you know like it really hurts me deep inside yeah um but the rebrand makes complete sense right facebook has a horrible image they have a horrible pr problem so they don't want to roll out new products under the facebook name so they need a new name and then put facebook underneath it and that's what they did it's like uh what was that like private army company that like change like black water black water they changed their name like 10 times right it's like the easiest thing you can do if you have bad publicity you just change your name what do you think yeah i mean

i know that you're sad that the uh the metaverse meme whether it be shit coins or facebook is taking away from snow crash like what do you think about like that whole that whole meme obviously they're co-opting it but what do you think like alex leishman i had a pretty pretty long discussion about it on the episode that we dropped yesterday like do you think we're heading towards like a vr future do you want i think like virtual virtual worlds that feel like reality are going to happen is that good no uh but they're gonna happen like the thing is like once you're able to make it really feel like reality like most people are in a shit you know like what makes reality reality is like pain

and suffering and you know actually putting in effort so if you give people the ability to basically opt out of that and only choose the good things and for that to feel like reality to them there's going to be a huge subset of the population that's just going to choose like the incentives just get borked and like there's going to be a huge percentage of the population that's going to just choose to opt out and like live in a virtual paradise for for their life and not be productive members of society there is no easy solution to that like i don't know what the solution is i think but i think i think it's gonna happen so right it's just weird um hopefully that's like a 20 year 30 year 40 year problem so we could deal

with that when the time comes i know like i will not be doing that and my children will not be doing that um i worry about like i will not be doing it like i want to i want to like very much make sure my children don't do it but you already kind of see like the fringe stuff right so like i can't imagine raising a kid right now you haven't really hit the hard thought in terms of this you haven't hit the hard part yet with with your son because like if you send him to school like the whole social media thing is just really really fucked up yeah and there's no like easy solution because you don't want them to be like an amish person and just have no technology because then they're completely ill-equipped in this in this world right now right like they

the amish are faring pretty well no i i they definitely handled covet very well but um i just i you you can't go no computer no technology route right that seems like a non-starter but at the same time you can't do like unrestricted social media virtual stuff yeah because that's just like a huge can of worms i don't even know like there's no long-term studies on that or anything but it can't be good yeah um so we're already starting to hit that fringe elements with the younger generations but when the big thing is like if you can make sex like feel like real sex in a virtual world without any pain aspects or effort aspects or suffering aspects that the real world has people are just gonna we're gonna have

we're gonna have so many people that are just gonna fucking opt out they're just gonna they're gonna get in the pod and they're just gonna live on the tube in the pod and they're just not gonna come out for like months at a time and that's just gonna be a major fucking issue and i don't i do not pretend to have the solution to that neither do i i mean there's so many movies that predicted it what was the one with sylvester stallone from the 90s they literally put the helmet on they don't have physical sex they like have mental sex and they both exactly um they both climax uh you have uh inception i think that whole movie is about escaping it's not necessarily a virtual world you escape into your own mind but you could argue that yeah the vr demolition man thank you

um that's the movie uh yes very good movie um wesley snipes isn't that sandra bullock i guess we can confirm that it was my internet that was the issue so i'll give you that marty yes thank you i'm i literally have one bar on my phone it has a better internet on my fucking fiber to this house uh yeah we we're getting breaking news from uh oh three jan oh nine uh bitcoin magazine is reporting the cash app generated 1.82 billion dollars of bitcoin revenue in q3 what did it do in q2 uh i don't know i don't know less i assume uh no what about q2 would be april to june april may and june price had started falling in like early april right

what the price yeah yeah because like it bottomed out like around the conference which was june right yeah yeah and you would expect it to increase quarter on quarter who knows it's just i mean historically that chart's just like up and to the right the chart of cash app revenue yeah um yeah man this metaverse shit the vr world shit freaks me out but it's gonna happen yeah is it though let's like it's gonna fucking happen dude well that's what like alex and i were talking about like it's this weird form of escapism combined with nihilism and like is that like why are people escaping because life is shitty nihilism right yeah nihilism nihilism i say

nihilism i went i took five years of latin that's how they teach you how to pronounce it fucking you took five years of a dead language yeah priorities i well i went i went to a high school i had to take six years of language i wound up okay latin in eighth grade four years of latin high school and i wound up taking seven years language three years of spanish too um but again it's escapism combined with nihilism that i think like if we truly do believe that fix the money fix the world is an earnest goal and is an earnest solution or an earnest end to if bitcoin succeeding in a bitcoin standard i mean maybe that escapism and nihilism is reduced significantly because people

have a purpose and the ability to actually do things in this physical i like to think that at least but it's still gonna happen get to a degree i don't like does it get to ready player one does it get to yes okay you think it gets that bad yeah of course like how is that not gonna happen now my camera's like fucked up because we're fixing the money why are we here why don't we do bitcoin i i think there'll be like pockets of you know people that are not but i mean look at all the people with like apple watches on right now and alexa's in their home and like google homes in their home and ring devices where like every person that walks in and out of their home is on camera and goes straight to amazon servers like what part of that gives you

hope that they're not all going to plug into this perfect world the world will be perfect in the virtual reality there'll be no pain you will get all the best things without any of the bad things and all you have to do is load it up with sacks and you can stay there for as long as you like you know what's going to happen all of us who aren't in the virtual world we're going to we're just going to go around reminding the people in the metaverse that pain exists we're just going to start hitting them with bats as they lay in their fucking pod like yeah i mean they'll probably be those kind of situations where like pods get raided and stuff by by like bands of savages they'll like call us savages and chick mad max savages

i don't know i just i find it like i don't think the metaverse shit that like the shit corners are peddling right now is what's gonna happen but i do think like snow crash metaverse ready player one you know metaverse type things like that's gonna happen like it's going to fucking happen and that's why like it's important that we get land right now just like opt out of that um i don't think it's gonna happen we're fortunate that we're in america right because like if you talk to like the europeans there's like no land available over there like they're amazed when you tell them like the price you can get 200 000 square meters for here um so we're very lucky to have that to have massive amounts of land with resources and whatnot and we

need to take advantage of that as americans like there's a lot of negatives as americans but there's also a lot of positives and we got to take advantage of the positives yeah i mean and the negatives mainly revolve around the federal government that were forced to be subjected to and the cities and the cities the dense areas yeah speaking of i mean the matrix another movie i didn't mention watched it last night again uh my wife has not seen it until last night she was like throughout the whole movie she's like oh my god they're describing bitcoin like she didn't realize that like red pill blue pill came from the matrix and all that it was cute to watch her fucking classic no yeah i'm jealous she got to

watch that for the first time that's crazy going back and watching it i haven't watched in a couple of years i don't think i don't think the matrix is gonna happen no i don't need totally i totally think that there's gonna be like buildings filled with pods like in major cities where people just like get in a pod they load it up with sats and then they can just get transported into any virtual world they want to get transported in and just live a life that they could only wish that they could live in in in the real world and they're just gonna fucking do it and they're just gonna opt out i have none of my and i think like it's weird right because as like a freedom maximalists like that's well within their right you know like i if they want to do that they

should do that like i don't think we should have like regulation saying you can't you know spend a straight year in a pod in a virtual world um but i would never fucking do that it's a very it's a slippery it's like drugs you know yeah jack black famous actors hopped in and said matt you're basically describing japan they're one step away from it pods virtual reality and sexless culture yeah wait till the tech catches up like the tech is just not there yet yeah that is like that is we've talked about i don't think i do think they'll pay with sats they're like it aligns with that at least what's the total addressable market of the metaverse and sats is massive you know people will pay good good sats

to sit in that pod and you know like have sex with supermodels on on a beach with no rain fuck man uh am i just a luddite am i a luddite we're all gonna be called luddites for being against this idea yeah heck what if the pods are just like in the streets you see people with their vr goggles on or just like well there's gonna be like different levels like what the fuck are you doing like ready player one was good about this uh the book not the movie but like there's like different there'll be like different levels right like the the rich will have like the high quality pods and then like the poors will try and you know get in as as well as they can get in right and there'll be all these like hacky solutions that are super cheap yeah

it is weird though you have like all these movies predicting all this shit we are the boomers now ready player one and movies and books snow crash um demolition man yeah all my knowledge comes from sci-fi well like it's like that that's like a thing that's been the matrix that's been like eating at me recently how did they think of these people just are they warnings or are they predictions they're both and they and we only remember the stuff that came out that was like correct yeah like there was a lot of you but there was there's no flying cars like i don't know it'll be a while i think people will be in pods you know having sex on the beach before flying cars like that's a good point or some confirmation bias and like there's no like

star trek teleporters or whatever like you're like we are so far away from teleporters i don't we may never get there because everyone will just be in the pods so yeah yeah yeah like that's the other thing like how many generations of pod people i can't hear you i don't know if you can hear me but i can't hear you oh they're saying you're muted they can't hear you either can you hear me freaks did i finally win one did i win this they can hear matt but they can't hear marty i am the host now i fucking won there we go finally

yeah so we're gonna we're just i guess i'll just keep talking hopefully marty will join back in soon um i apologize freaks for all the technical difficulties we've had on this episode um obviously we wish we weren't having them i'm adding marty back right now yeah this was a big win for me i agree big win yeah me and the freaks are just talking about how i needed this win in this episode this was a good one that's a good one for you i literally couldn't hear you for about 30 seconds but i was trying to troubleshoot on my side without admitting it well what i was getting i think i was getting at something i think i was getting something pretty profound like how many generations of pod life dwellers before the human civilization

dies out um like are they gonna make these people in real life well there's what's that so there's a couple books uh i like mix up all my sci-fi uh Fahrenheit 451, I think. And the giver where they have a giver. Yeah. You like you, you assign the reproducing people. Right. So like you break up the family unit and then you have like certain people are in charge of providing sperm. Certain people are provided, are, are, are giving birth and you like kind of engineer like a

base population control like a base reproduction target and then everyone else lives in the pod so like you you give you like have the amount of kids you're supposed to have per the state and then you go in retirement in your pod and then the next batch this sounds terrible we need to fucking i'm not advocating for it i know i know you're describing it uh what are we doing freaks what are we doing here what are we doing humanity humanity beyond the freaks what are our goals where are we going i certainly don't want to live in the pod life i want to live in the ocean you want to live in the ocean i want to be in the ocean i want to be able to

they're going to make it so good that i can taste the salt water aren't they yeah in the pods you'll have perfect waves the whole time you could you could surf the biggest waves without any risk of injury but like if you hurt yourself you'd feel it until you got out of the pod so like you'd get the best of both worlds uh are we in a pod now like that's another that's another if we're in a pod right now we'd have good internet connection and audio that's true that's true or maybe that's like maybe it's an evil pod where it's like just terrible enough to make you believe you're not in well engineered does bitcoin even exist it's only in your mind bro do i even exist do you exist now we're getting

i think i exist i do too i think therefore i am cogito ergo suum there's some latin for you we're rambling now i like this ramble though i like talking about these existential topics every once in a while yeah i actually enjoyed this topic it is weird to think about i mean i think we have to like start thinking about people are starting to push us in this direction i mean i feel like you know i feel like it got hastened because of all the lockdowns yeah right so people were already they're like don't go to the office right don't socialize with people do everything virtually the tech just isn't there but the mindset is

are already getting there right like people the majority of FaceTime they have with people is through FaceTime yeah yeah fuck alright here's to

fighting against the pod life I know I'm pro non-compliance on the pod thing I am as well I'll say that publicly uh it's how fucked up is it and i can't even say like civil disobedience in the face of tyranny is a good thing i just like if we if if matt i understand i understand the u.s government turns proper authoritarian then past comments could be used against us yeah that's why you to get your ass down to texas okay i mean it'll still be it would still be broadcast

that doesn't change that yeah uh we're gonna win freaks i'm optimistic look at the sun look at this real vitamin d it's real yeah more authoritarian as bgc pen said that's the correct framing they're very authoritarian and we're just locked in our i mean like i saw that at like hrf right like at the oslo freedom forum in miami you know like guys getting thrown in jail for drawing the wrong piece of artwork that someone didn't like you know thrown in jail 40 times 50 times doesn't know where his brother is like life is short like i like i prefer not to go to jail i'm not like trying to uh be a martyr here i'm not trying to be a martyr either it's crazy that we're thinking we're even

martyrs we could potentially be martyrs for saying like hey this is fucked up like i mean you saw like that guy was a leftist or whatever but you saw i sent it to you you saw him that freaked me the fuck out like he didn't even do any like he he basically i i don't even know if i'm allowed to defend him describe it so he was he was a yoga instructor and it freaked me out because i said something somewhat similar like the week the week before uh and he said something like we should like it was in florida and it's something about like trump supporters he's like we should go to the state building and we protect the state building is what he said that's all he said he got sent to jail for like the interceptor an article about it matt said it to me on a saturday morning and

ruined my day i was like marty you got it i was like what the fuck uh i i would be lying if i said i wasn't a little frightened you know yeah we're public we're public figures for better or for worse and uh you know i i love this country and i i just hope i hope i don't get fucked by it yeah yeah i do as well please don't fuck me america please i have a child plan to have more children i have a child oh it is so fucked up we had to worry about that yeah this dude was just like let's go protect the state building two days before i was like bundy ranch i'm a peaceful guy i'm a peaceful non-compliance peaceful non-compliance of tyrannical corrupt

laws that's why i love bitcoin you know that's why i love free open source software uh you know it it it empowers individuals to peacefully non-comply yeah without broadcasting it on air yeah we're we're the ones broadcasting on air but it's like the catch-22 like how do people know someone's gotta fucking talk about it yeah it's like uh and it's us will you freaks um will you freaks like crowdfund bail money for us well i mean we're not gonna use like gofundme we'd use btc pay server yeah obviously we use btc pay server um like i feel like if the shit corners got thrown in jail they would totally just use gofundme and collect fiat no they just they just launched another token

they just airdrop get out of jail token pre-mined the goge token the goge uh it's the hottest token drop in years let's be honest we can't shut up about it it's true it's true and narwhal thank you thank you for uh offering to hold matt's bitcoin in case he gets raided i know isn't that kind of him yeah yeah i appreciate that well you know i'm slowly building up my stack i i lost it all in a tragic fishing incident it was funny i lost mine today on a car ride over to the uh the pleb labs shame right out the window gone um what was i gonna say i don't even know hey we had some technical difficulties in the beginning but i apologize freaks about that

i think we finished strong on these these heavy topics at the end i'm not gonna go into the metaverse and again at least like are you so like okay so there's a pod right and if you go into this pod you pay sacks you go into the pod you would get like the best waves you've ever had in your life would you go into it for like 30 minutes just to test it out i mean i can't lie i probably would but it's a slippery slope it is but like i don't know like right now in my mind i'm like nothing can compare to the real thing like you need that threat to pain again if you've ever been surfing like costa rica i almost drowned actually in jersey i must drown like 2009 he was like hurricane dennis i was surfing

down to the same beach as mercia right yeah in uh in playa hermosa not in costa rica but like it may sound sadistic or like weird but like it's like part of surfing like the the the battle with the ocean to know that you're alive that you're immortal you're fallible that's like the part of the beauty of it and the humbling nature of surfing um jersey jersey was closer to death than costa rica it's like 2009 hurricane dennis i believe in like september i guess like the thrill stuff like the near-death thrill stuff will always be that'll be the last to go to the metaverse right yeah yeah because like you need that death element as part of the thrill yeah um or like you like race car driving yeah um motorcycle riding uh what uh we have narwhal

tacos wants us to talk about 1031 like i have you listened to the the full episode we did on it like do you have a question that's that wasn't covered there yeah if you haven't listened to episode uh we dropped it on sunday matt and i joined 1031 um yeah we're here we're bitcoiners here to support bitcoiners building out the infrastructure that will lead to a bitcoin standard um we'll be yeah you heard it narwhal i mean that we gave the we're like anti-vcvcs yeah giving our management fees to to open source devs and projects in our wall we'd love to jump on a phone call let us know yes um marty what if what if what if the pod could kill you would you do would it would then you have the thrill

no i'm gonna die i want to die doing the real thing on the fucking pod like a loser yeah and who was it you'd have the death row one of the i think it was like zero craft you ever follow him on twitter i think he's a bit like neo-reactionist or whatever um he's a good follower he's had these um short stories that he wrote he wrote one about the pod life uh but like a very uh a very dark short story about pods like and it really leads into like the desperation of modern society like there's a pod in the middle of this town um but if you go into it they like gas you and you die it's just like you euthanize yourself but they make it very appealing um and you just always have that option to get into that pod and die

like what's the difference with the other pods just timing right you're gonna die in that pod if you get stuck in it for long enough um i don't know so that's like an assisted suicide pod exactly which aren't these pods too at the end of the day you're dying your natural death living in this virtual reality world yeah i mean i guess metaphorically but like i'm imagining like some people are gonna like live in the fucking pod for like 50 years or something yeah imagine it's like the he had a solar flare on the earth you've been in the pod for 50 years boom you come out if those pods get like hacked or whatever like people are going to be distraught people are going to be so fucking weak

physically weak i'm not gonna have any vitamin d in there i don't feel like the rich people's pods will like physically like stimulate them or whatever yeah i mean it just leads to the matrix it's a trap yep well i i enjoyed this pod conversation i do think uh it's kind of inevitable i don't think it's inevitable i don't think it's inevitable god i hope it's not inevitable inevitable it'll be so appealing to people but uh yeah i mean we'll see i i don't think it necessarily has to be inevitable for us i just think it's going to be inevitable for a large portion of the population yeah i'll pray

for that large portion sad sad existence that's all i'll say and i hope me my wife and my children never uh well i think we can control that i don't think that's inevitable well that's the thing you learn with kids they have their own mind but you have to be like financially secure enough that you can opt out right because if you're not then you're going to be at the whim of the powers that be yeah just stack as many sets as you possibly can just to bring it back we'll end it on a bitcoin note there matthew we'll slow start rough start great ending yeah the connection issues man what are you gonna do yeah we'll um we'll be doing it in person in no time when you move down here so

okay marty okay love your freaks stay humble stack sets peace and love freaks i can't find the recording button we're still recording and we said we said our goodbyes i can't oh that's why we're still live you're you're the host now oh i have i have to end it yeah that's yeah did we stop recording though no you have to stop recording um as well i believe okay stop recording and now we got some line.