TFTC: A Bitcoin Podcast - Rabbit Hole Recap: Week of 2019.10.14

Episode Date: October 17, 2019

This week Marty and Matt discuss: - Casa node concerns https://blog.keys.casa/addressing-security-concerns-about-casa-node/ - Realvision with Saifedean https://www.realvision.com/tv/shows/interviews/videos/gold-the-bitcoin-standard?source_collection=07157a6eedda4e78b9dcada0c3bc76c0 - Trezor + Unchained Slip0039 implementation https://blog.trezor.io/open-source-standards-unchained-slip-0039-for-individuals-and-groups-cae3e9573410 - Child porn ring brought down https://blog.chainalysis.com/reports/chainalysis-doj-welcome-to-video-shutdown - Oxford English Dictionary adds sats - Blockstream Green Wallet adds integrated Tor support https://twitter.com/BlockstreamHelp/status/1184176681260584960?s=19 - LND 0.8.0 released https://blog.lightning.engineering/announcement/2019/10/15/lnd-v0.8.html - Casa covenant inheritance planning https://blog.keys.casa/announcing-casa-covenant-bitcoin-inheritance-service-and-protocol/ - Nodl team begins moving everything behind Tor https://twitter.com/nodl_it/status/1184110287424610305?s=19 - Tor releases new version of OnionShare https://blog.torproject.org/new-version-onionshare-makes-it-easy-anyone-publish-anonymous-uncensorable-websites-0 - Electrum announces their own lightning implementation - Coldcard Mk3 begins shipping - Rep Warren Davidson on Noded https://twitter.com/NodedPodcast/status/1182490088464408577?s=19 - Protests around the world Shoutout to our sponsors: Cash App. Head over to the App Store or Google Play Store, download cash.app and start #stackingsats today. Use the promo code: "stackingsats" to receive $5 and contribute $5 to OWLS Lacrosse you download the app. Unchained Capital. Head over to www.unchained-capital.com/vaults and checkout their 2-of-3 multisig vaults. If you need liquidity but don't want to sell your bitcoin, they offer easy access to loans using bitcoin as collateral. Collateral is always stored on-chain in dedicated multisig addresses with the option for you to hold a key, and your bitcoin is never rehypotheticated. Casa. Use promo code “TFTC” to get up to $250 off your Casa membership … or hit their team up [e-mail] for a free demo, or to put them to the test with your hardest OpSec questions! Subscribe to our YouTube channel: https://www.youtube.com/tftc21

We both have the important thing we need to remember. And you freaks just heard it. What is up, freaks? We have the important thing we need to remember. It's your boy Marty Bent here for another edition of Rabbit Hole Recap with our boy Matty Bent. Matty Bent over here, guys. Matty Bent.

I adopted Matt, changed his name to Matty, and we're here, son. We're here to talk about Bitcoin. the current uh the current price of bitcoin is eight thousand six hundred eight i can't speak eight thousand sixty four dollars and fifty one cents according to the tftc.io ticker uh current block height is five thousand nine hundred uh ninety nine thousand eight hundred and eleven and that is the fact we were looking for we wanted to be certain that blocks six hundred thousand which is 189 blocks away will mean that 18 million bitcoin have been mined and

only three million are left to mine ever in the existence of this world only three million left to be mined um yeah so it's pretty it's uh we talk about how startling and aggressive the the supply uh schedule of bitcoin is that satoshi set in place via the genesis block in the source code um but sometimes it slaps you in the face like seeing this like holy shit there's only three million left within the next few days i think and that's that's probably less than the amount that are lost i mean there's no way to know for sure um yes but we probably lost more maybe like four million something like that exactly those of you freaks out there who do not know there's estimated to be between four and six million bitcoin that may never be touched including

satoshi's tash satoshi's stash um uh those that have been burnt uh early users just disregarding their their old laptops and losing them into the abyss do you think there will be uh junkyard treasure hunts in the future yeah i mean isn't there who's that there's a bcatcher he's located somewhere in europe who like he bought the garbage dump just you know about this no no i didn't hear this he's been digging since like 2013 or something 2014 he hasn't found it yet there's like a disposed harder uh hard drive in there somewhere there's a wallet dot dat file like the old school from core how does he know uh he just he knows he threw it out he tracked down where the dump was he like tried to get it excavated like the city wouldn't let him or whatever and he just fought

a bunch of legal battles i think right then i think i'm like 99 sure the dude bought the the landfill to get in there interesting but yeah i mean i don't know if there's going to be like any major treasure hunts unless someone wants there to be you know something like satoshi's treasure or something where some rich guy or like ready player one some rich guy dies and his will just like starts a puzzle who's gonna do it be pretty fun would be pretty fun if you don't want to go on crazy treasure hunts to find your bitcoin you can always use the cash app uh some set of tales from the crypt was brought to you by the cash app you freaks already know all about them their favorite uh app to stack sets here in the states if you want to go through the kyc route

uh you can do more than stack sats you can send sats off the app to your personal wallet from a personal wallet to the app and i believe they're teasing i don't i don't know this for sure but it looked like today on twitter um they're teasing something some new new features coming out beyond bitcoin and the boost program but right now they do have bitcoin buying and selling capabilities and the boost program to get you a personalized debit card anywhere visa is accepted you can go use that and they have merchant partners in their boost program You put your boost on, you go to the merch and you shop, you save money. Maybe use that save money to stack sats.

Speaking of stacking sats, use the code stacking sats. You're going to get $5 when you download the app. $5 is going to go to our friends Al's Lacrosse in Chicago. Go to your local app store today. This episode is also brought to you by Unchained Capital. We talk a lot about multi-sig security and Unchained offers multi-sig bolts for both individuals and businesses. Unchained's collaborative custody model is a great way to improve security, create redundancy, and reduce risk of single points of failure while also retaining control and sovereignty.

We have Unchained on the list today. We've got to talk about their Slip 39. That's one of the open source contributions they've been contributing to. But on top of that, Unchained also offers an integrated lending platform with its multi-sig volts. If you need liquidity but don't want to sell your Bitcoin, friends don't let their friends sell Bitcoin. They offer easy access to loans using Bitcoin as collateral. Collateral is always stored Unchained in dedicated multi-sig addresses

with the option for you to hold a key and your Bitcoin is never re-hypothecated. Again, it's never re-hypothecated. Caitlin Long can sleep well knowing that Unchain is not going to re-hypothecate our Bitcoin. Again, they're working on dope open source projects, one we'll talk about later in Slip39. They announced some stuff about that today.

Another one is SmartCustody, another project they're working on, SmartCustody. Another one is Hermit, and the last is Caravan. Check them out at Unchain-Capital.com. That's Unchain-Capital. dot com last read of the day uh we got our friends at casa uh how confident are you freaks in your key security what keeps you up at night our friends at casa have drummed up one of the smartest most secure ways to hodl your bitcoin uh they don't do kyc there's no all coins no

percentage of fees on your bitcoin no one standing between you and your keys uh get peace of mind with your stash with one of the world's most secure multi-sigs use the promo code tftc to You get up to $250 off your CASA membership by going to keys.casa slash keymaster, code TFTC, up to $250 off. Or if you're not ready to go to their website yet and you just want to email them, hit them up at membership at team.casa for a free demo and put them to the test with your hardest offset questions. So go check them out. They've got membership packages depending on how much money you want to store, how involved you want them to get. They have 24-7 VIP service for hire. tiers and full dedicated client advisors and stuff like that so go check them out uh keys.casa

use the code tftc up to 250 dollars off and we should probably start with casa uh they were in the twitter uh verse this week uh jw weatherman pointed out the fact uh that ray redacted and ray redacted pointed out um uh vulnerability that has been disclosed before and is public and is not specific to CASA but is a risk that exists for people running Lightning Nodes. Matt, you are more abreast of the situation than I am right now. I mean, the only two hardware nodes we really covered on this podcast is CASA's node and the noddle.

I mean, it is specific to CASA. So, the first, there was two issues. One issue was a hard-coded username password. With CASA, they don't allow you to use that. There's no SSH access to the CASA node, so you can't actually go through your computer through the network and access the CASA node that way. You would need to, to use that hard-coded username password, you need physical access to the device, you basically plug in a keyboard and a monitor,

you'd get a command line interface, and then you could put in a hard-coded password. As it stands, if someone has physical access to your Kasa node, they're going to get all your money. They know what they're doing. They're just going to get all your money. It doesn't really matter if that password is hard-coded or not. The second issue is that they don't use HTTPS. You know, the little lock you see on the browser. They don't use that when you're connecting to the Kasa node UI. Which isn't great. That means if someone's sniffing your internet traffic, if they're on your network, they

can see whatever goes back and forth between you and that site. And Kasa also lets you, that's how you back up your seed for the Kasa node. Now there's a couple things here. Kasa chose to go this route, and they've disclosed this process in the past because they want to make the Kasa node a user-friendly device. And running hardware nodes is just not a user-friendly situation. I don't know if any average user is needed to deal with their router or something like that. It causes all sorts of issues for the person.

and specifically with um with https because you don't have a certificate authority so like when you go to like an https site it verifies with this authority that has this certificate assigned says it's an official certificate because you're not connected to the internet you can't do that so it shows up a big warning if you try and connect through https scares the user and you have to click through it and at times i've had the issue so my the noddle our noddle uses https and at times you have to reset uh the certificate right and when you have to reset it you have to like go into the command line through ssh to reset it otherwise you can't connect through zap or anything like that uh so there there are issues there from like a user-friendly point of

view uh i'm not sure if i agree necessarily with the decisions that that design decision that they chose to make but it is because they want to make the note a user-friendly thing and it's important to realize here that it is separate from their key master their multi-sig service um and it's lightning notes are a hot wallets by design right so they're always connected to the internet you don't want to keep that much money on it to begin with um yeah regardless if you're using a not or excuse me a casa node or not uh anybody was susceptible to that bug that could have drained every every channel yeah i mean if someone is in your network and that's just a highlight of lightning's nascency yeah i mean i mean ideally you want to have like some kind of

like hardware wallet or something with like signing rules that is like choosing when to open channels and when not to and have a spending limit so you can only lose a certain amount but like right now as it stands if like someone's in your router like in your network they've gotten into your network you're probably gonna be fucked regardless which isn't really great to say but that's probably the case like if you're running if you're running nodes like just in general i mean you should be trying to lock down your home network as much as possible like learn how your router works get a good router um ideally an open source router uh but then on the other side you know just to show how you so the noddle noddle the noddle guys ran into the same issue how did they handle it

they chose to go with https um sometimes you have they tell you right away in the beginning so so noddle actually has ssh enabled so you can ssh into your device but they tell you to change the change the password and went in the setup process so like just right in the beginning of the setup process they're like bringing you into the command line right which is like not as user-friendly um the noddle guys like michael has chosen uh he won't even give you your seed backup in the beginning you just couldn't even get your seed backup he just said you know it with lightning the seed backup doesn't actually back up your channels so it would only back up whatever you don't have on lightning and most people with these nodes are gonna put the majority of their

funds on lightning anyway so he was like i'm not even going to take the security risk you can't even um you can't even get the seed uh so but then since then what he's done is since he added static channel backups you plug in a usb drive into the back of the device uh and you upload your public pgp key and it encrypts the seed and the static channel backup with your pgp key and then saves it to the usb drive like that's not a very user-friendly process i mean it's not as hard as it might sound so don't get scared about it like i think everyone should get a noddle i've been very outspoken about that but it's it's definitely not for mom and pop you know It's not for this, like, mainstream user that Kasa is trying to onboard with their node.

And then the last thing, I mean, with the new Noddle that's coming out, the Noddle Samurai, I mean, there was a lot of questions people had about, like, why is it so much more expensive than the Kasa node, right? Like, the Kasa node's at $400, and it comes with the multisig, the 2 of 3 multisig. And the Noddle's at $840 and doesn't come with multisig. And it's because of design decisions like this, right? They take it to a whole other level, to this power user level, where on that trade-off level between UX and security, they go way more to the security side, to the performance side. Stuff like the redundant SSDs, so it's automatically backed up. and uh one of the one of the elements that really went uh unnoticed by a lot of people is that with

the uh the nodal samurai i always want to call it the nodal the nodal dojo i think that's what they should call it instead but they call it the nodal samurai in the nodal samurai both drives are encrypted as well so like one of the issues here is like we were talking about earlier if someone has physical access to your device they can use you know on the casa they could use that hard-coded username password to access it through command line i mean they could just take out the hard drive the hard drive has everything there it's unencrypted um so like on the novel samurai it's going to be encrypted and michael has some more surprises that he's he's thought of to try and handle these type of issues um that he's gonna he's gonna release i think he's gonna

announce them this weekend at ellen conference in berlin so um stay tuned for those uh some of are pretty cool yeah yeah no and again remember experimenting with the lightning network and people say it's reckless for a reason don't put on any more money than you're willing to lose and yeah just be aware that this technology is in its nation stages stuff like this i mean to expect everything to be fully fleshed out by this point 18 months in uh i think it's a little asinine but it is getting better actually you were talking about signing off uh uh via device like offline justin moon has actually shown me some cool stuff with that last night he's working on that really excited for that i'm also excited for junction justin's uh i'm just excited to

listen to that episode yeah yeah it's crazy you're gonna learn a lot about derivation pass i learned a lot about derivation pass last night and how they're created and how to read them but there's one more thing i i forgot to mention um if you connect to your costa node using tor you don't have that issue you don't have that data leak so you know maybe that'll be an option going forward I know with the Noddle, they've just pushed everything behind Tor. They just released an update, and everything's going behind Tor. You can get the GUI and everything, the interface, all through Tor. And right now with Kasa, you can get the web interface through Tor.

So if you go through Tor, you don't have that issue where someone's sitting on your network. The question is, are they going to do anything that will... What they should do is disable the seed, disable some of the more sensitive items, in the beginning setup until you get that Tor address and then somehow disable or just like make you go through Tor going forward, I think would probably be the ideal, something like that. But we'll see. We'll see.

They're aware of it. They're trying to, you know, make the right trade-off decisions there. So we'll see what they do. Yeah. I think that makes sense, actually. That solution seems to make sense. We saw it. yeah tor fixes a lot of issues in terms of like opening ports and certificate authorities and

stuff like that yeah um i thought we were going to go to another negative topic not a negative topic just a not an upbeat topic the child porn thing but we'll get to that later real vision i sat down with safety and for real vision this is a very positive topic marty yes this is a very positive topic yeah the porn topic was at the top of my my uh my vision for a second there i think it's important to stack security disclosures and celebrations in the front of every episode yes i agree i agree um so i did uh some of you freaks may know i sat down with safe dean uh for real vision if you've been listening rabbit hole recap we pumped it last week as well but it aired today so if you're a real vision subscriber uh you can go watch it now and if you are not a real vision

subscriber i believe it will be on youtube in about a month so it is not going to be behind the paywall forever it was a great conversation uh i think it's a really good uh synopsis of the gold standard how the bitcoin how a bitcoin standard uh would compare to a gold standard and what we may choose in the future it only costs one dollar for three months just subscribe real vision's dope marty and safer fucking awesome it was it was great great seeing them both up there yeah and uh and check out what else real vision has to offer and then if you don't like it cancel it's true what they say matt the camera adds 10 pounds i don't you're full of shit you looked great up there i was i was very proud i uh i thought you looked great i hope i don't look

like that all the time well fat face fat face my fat face came out i was uh i dug the vans you wore that was uh that was a couple days after the american huddle episode i was still hung over i think the two-day hangover was creeping into that uh that interview was safe i may be sweating at some points if you freaks don't notice uh it was a fun experience i want to shout out uh ral paul for for inviting me to do that i pitched that to him he was like very receptive to it and he it all happened over email he's like yeah just show up interview him and we'll post it if it's good and luckily it was good enough so um it's on there you can check it out at realvision.com and yeah i think they have like a one dollar three month subscription thing going on this week

um i mean it was more than good enough ral even like tweeted out he was like this was i was one of my favorite interviews yeah it was a good one i mean save put the team on his back i think i spoke for a collective uh three minutes of the 65 minutes that we sat down but more than like that's my job as an interviewer is just to guide the conversation you know push them push them to where uh the information needs to be eked out and that was podcasting interview lessons with uncle marty um we teased it in the the unchained ad read but uh they announced today in collaboration with satoshi labs which is the company that brings you freaks the trezor um that they are open sourcing standards for uh slip 39 which is for individuals of groups and it's a different way

to store a private key instead of on a 12 word 12 to 24 word seed phrase or some other way that you you hold it in one little uh condensed area that you can do a shemir secret share and basically shard the the the private key into many pieces and do a bunch of seeds yes yeah I mean Trezor already open-sourced it what got open-sourced here was unchains hermit wallet they added it into that right so unchained has a multi-sig a multi-sig open-source command-line wallet called hermit and they added slip 39 support so a lot of people especially shit corners will say you know shamirs is better than multisig and then there's a lot of people who will say multisig is better

than shamirs and multisig has a lot of benefits over shamirs the beauty of of shamirs is why shit corners really like it is because you can do it across all assets like they don't have to have native multisig um and you could do it all at once so like i mean most of our listeners know all the issues ethereum had with their multisig implementations they just have like hundreds of millions of dollars locked up forever because they fucked them up um shamirs kind of obviates that but anyway for this this happens to be a bitcoin only thing the reason they're using shamirs is because you can use it in combination with multisig that's what a lot of people miss in these debates um is you take one of the multi-sig keys and then you shard that right

and the cool thing about shamir's and specifically this implementation of shamir's slip 39 is you can create a hierarchy right so you can actually create groups of shards so you could have one key split amongst 20 different people of different varying levels like the level two people need like six of them to come together and then they just create like a another piece of the shard there and then so you can have thresholds within thresholds so like pretty fucking crazy uh implement you can imagine like some insane fucking implementations where like one group of people needs like three or five while another group needs like seven or 15 or something like you could have what are the best use cases for this like governance uh treasury

type thing it's like within a business or you think this is like business government any kind of large scale uh like official holdings right yeah um regulated holdings any kind of i mean it kind of you know when you become your own bank um like you these are like the kind of things you need to rely on basically as your insurance because no one will insure self-custody right no so so it's i don't know i think this was one of those announcements where like i read it and my mind just like immediately started racing to all these crazy fucking scenarios um and it actually would probably be going back to our earlier conversation probably be really useful for a treasure hunt maybe someone used it for that i know that's what melzer did with satoshi's

treasure he like created like his own like shamir's thing but it's not hierarchical his isn't you know you can't there's not different levels of users that's what's really cool i think about this particular implementation and unchained appears to be i think they are using it for their um their cold their cold storage setup like their side um but i'm not i'm not positive i think part of the announcement is that they are using Hermit and the Shamir's implementation. That's good to see.

Putting their money where their mouth is. So Hermit is just one example of Slip39. It's a technical solution for businesses and groups looking to leverage hierarchical shares to protect a key on unchained on their vault platform. Hermit will be used in conjunction with Trezor devices for

multi-sig quorum, increases security for users' bitcoins, and allows a collaborative team to protect private keys. so yeah their bolt their bolt program will be implementing this if you guys want to use that in your bolts yeah i mean one of the issues is that with shamirs when when you're restoring the the device you're restoring it on has everything that's needed for that whatever that single sig is uh so what's cool about treasure natively adding the slip 39 is you can use it with a treasure device and like you go with the treasure device you go to one shard

you enter the seed words to that shard and then you can unplug the Trezor, go to the next device add the next ones and keep going so at least it's all in that one device that you have a relatively reasonable expectation that isn't compromised and then even after that it's part of a multi-sig quorum

to begin with, so even if that device is compromised you take away a lot of the negatives by combining the two you take away a lot of the negatives of Shamir's yeah, it's crazy how intricate you can get with these security setups all with code all with code it's fascinating yeah all with yeah exactly it's just text yeah that's pretty crazy yeah um no it was again like my mind's just running thinking like justin ran me

through some shit last night and uh it's crazy how intricate you can get i mean that's why like shamir's was the first when i created final message shamir's was the first inspiration for it you'd put like a shamir shard in i mean i think it works even it works better with the multi-sig key um but you can imagine like mixing final message and with this kind of shit too it gets really exciting you're talking to uh to your dev yo let's look at this shit bro i mean look we just set it up so it's just text box so like they any people can do like crazy fucking shit and they just incorporate it in you know yeah i changed my mind on this topic this is a good news this is the government at work doing good things oh it's definitely good news yeah the government

took down a child porn website the biggest child porn website that's ever existed yes so this is good news um it's being used as bitcoin fud because these idiot pedos were using bitcoin sending it straight from exchanges to the site and other linked utxos were making it to the site as well and they were pretty easily identifiable they got tracked yeah they got tracked and eventually caught thank god and i guess the authorities are saying they were using the dark web and they couldn't get that and they were using tor dark web's kind of like a pr term they're using tor as a private onion site and but they were they were paying in bitcoin and they said they tracked the guy using bitcoin um and that's how they were able to catch him so bitcoin

was actually used as the de-anonymizing force um two things to note here is the amount of bitcoin transferred in was not a large amount it was 325 000 i think over three years bitcoin does on average two billion dollars worth of transactions per day so it's a small small tiny like let's not you know pretend that this bust means like all bitcoiners are criminals um that kind of case would lack merit and the number two thing is if you want to make draw like most people that were sending money to this this site were sending it straight from exchange and some of them are kyc exchanges so like that is like trivial easy to track like bitcoin privacy could be a lot better um we've said that many times here here at tftc but uh these guys were sending from directly from

exchange even like people even like the most basic thing of like sending in between wallets not only are they fucking monsters but they're fucking so dumb too well you can see some of them sent through mixers and i'm assuming those guys are the ones that didn't get caught but um yeah most of them sent from exchanges and a lot of them are kyc may these idiots these assholes these evil people burn in hell um but yeah so that happens i mean joe weisenthal did a good job at triggering uh bitcoin twitter using this story uh basically and it makes a good point right like bitcoin i don't think is sufficient in its current form when it comes to uh privacy and infungibility again we've talked about this a lot others would disagree others

think that uh bitcoin could survive in perpetuity with the privacy assurances that it has today i'm not so sure i mean bitcoin can be used privately today it's just really fucking difficult and all it takes is there's so much nuance all it takes is a couple mistakes um we've made massive strides we've had lightning uh which is a huge privacy bonus on itself um and then both samurai Whirlpool and Wasabi Wallet barely existed. They're both very young, right? What are they, like a year old Wasabi or two years for Wasabi? Whirlpool has been out for less than a year, I think. I don't know. I always overestimate the amount of time. I think they both are pretty new projects. Their liquidity is still growing. One of the big things with relying on Coinjoins is that

we need more people to mix um the more people that mix the the more effective the coin join is specifically on whirlpool we need we need more liquidity so go to go to what is it samurai.com samuraiwallet.com samuraiwallet.com i believe um and uh i'll look it up right now but so bring some liquidity to uh whirlpool yeah and those are solutions that exist yes samuraiwallet.com um those are solutions that exist right now and i wrote about it yesterday in the bent and it wasn't even anything that was actually it wasn't yesterday it was two days or no it was yesterday

why didn't today's piece show up but there was a good piece on Schnorr and Taproot that the BitMEX research team wrote up in May but that resurfaced on my tweet deck a couple days ago read through that if you guys want a good explainer

on Schnorr, Taproot and how they can increase privacy scalability and capability basically the ability to do more robust scripting stuff with bitcoin definitely check that out and peter will actually this week um or it was last week october 9th he emailed the bitcoin mailing list with some updates to the taproot proposal so if you're a developer uh who's interested in taproot peter has made some changes to to taproot in particular um so we'll link to that as well that was in bitcoin op tech this week bitcoin op tech

was very good this week um subscribe definitely subscribe um but peter will i saw on twitter that he uh he's not uh that's funny like seeing the dead the devs are the people closest to the technology are the most i don't want to say bearish but uh skeptical of bitcoin's potential long-term success um i mean he retweeted a a response to you that bitcoin isn't private enough yes yes he did uh because you said bitcoin is can be used privately today but it's difficult and we need to improve it uh and education you said education is important yeah um yeah i mean i think anyone who cares about privacy doesn't think bitcoin's privacy is good enough yet especially you know a lot of it comes down to the tools that we use around it right and they're

developing um way fast like pretty fast right now like stuff like ky we talked about last week kycp.org where you can check your transactions. OXT.me that powers it, which is a different blockchain explorer. Blockstream.info. All these things are brand new. All these tools, Wasabi Wallet, Samurai Whirlpool. And more importantly, I think the hardware wallets

that let you sign offline, broadcast later, and do everything on device are huge for leaking privacy. Yeah, I mean, just in general... Or not leaking privacy. In general, our hardware wallets have been designed in the past to use their like their their own wallet software that was running through their servers you know this is one of the things we've talked about like one of the the biggest incentives i think for people to run bitcoin full nodes going forward is going to be better privacy

so if everyone if most if most mean like the the average user is using a hardware wallet to store their Bitcoin, you should use a full node to receive, you know, and you need to use a full node to receive if you want to use it as privately as possible. So the question becomes, how do you use your hardware wallet with your full node? And that was never an easy process. It's never, you have to use Electrum, you have to use, you know, ElectrumX with Electrum or Electrum Personal Server or Electris or something. And it's a complicated process for the average user.

recently gotten easier because of wasabi's hardware wallet integration um but and it will only get easier going forward now that we have bitcoin core with hwi um and i'm sure you guys talked about it in your pod with justin uh last night a lot is that like we'll have a software like junction we'll have software like specter and stuff that'll basically you install that software you have a full node running you connect your hardware wallet your hardware wallet receives through your full node um and that's a much more private experience so so there's there's two issues here is you have um we need some things at the protocol level stuff like snores uh you know sigag uh you know like the actual aggregation of the signatures taproot um you know improvements

to lightning but we also need these tools around the whole ecosystem to have more responsible defaults because you can't have um like the average user it's going to always be a sliding scale because you're going to have you always have this trade-off like we talked about with cost early you always have this trade-off between ux and security um and privacy like if if if you want to make it easier to use it's going to be i think it's going to be inherently less secure and less private and you have to try and find this balance and you have to have enough products available enough tools available that people can choose where on that trade-off they want to be at any given time um and like like even today like green wallet i think yesterday announced that

they're including tor um in the app you don't need it as a separate app in both their android app and the iphone app um samurai already had tor built into their android app but samurai doesn't have an iphone app green wallet is the best iphone app available um and now it just has built-in tor support so if if a user uses that they can just set up the wallet like they normally do they check off tor and for that user they're not really going out of their way at all right so that's a nice just little little privacy improvement i mean you're not running it on your own node but you can also connect to your own node through tor if you especially if you use ab core it's really easy so you can actually have two android phones one running the node and one connecting back to it

through tor slowly but surely again it's not perfect right now and anybody who expects perfection from from bitcoin the system and the ecosystem at this point i would just venture to say hey come on give it some time i mean 11 years in i think we've done a pretty good job of getting the network to this point and as you just described it feels like uh we're hitting a i don't want to say breakaway but we're definitely hitting a a point at which uh the pain points are obvious and people are working on them yeah and i mean even on a on a bigger overarching theme there's this major trade-off here between privacy and transparency right uh between auditability being able to actually know the supply of bitcoin you know actually know um that the system is secure

uh that the that the hard cap is being held and if you just talk to a pure privacy person they will say you know everything should be masked encrypt everything you know you can't audit the supply you can't see transaction amounts you can't you can't see where you're sending to then you're talking to economics person and they'll just be like it should just be completely open um as transparent as possible like fuck private sending um and it really the balance is somewhere in the middle because at the end of the day bitcoin users need to be able to spend it otherwise it's not censorship resistant but you need to be able to verify it otherwise you'll never have any kind of real value accrual right and if you don't have value you don't have

liquidity you don't have security you don't have people paying the miners and you don't have censorship resistance either right so there's like this there's trade-off scale that we have to run here um in this in this overarching discussion at the same exact time yeah yeah it's um is it possible to find a happy medium do you think do you think it's possible to find the the perfect balance of trade-offs to the point where we can at some point in the future say that bitcoin is successful and uh a system worth running our monetary system through well i mean i think perfect is impossible but i think we can hit good enough yeah there's a lot of things in life you know and like the fact that we're having these discussions uh i think it's a good thing as well

like the fact that people are throwing their hands up yes i do think uh you can't attack people personally and aggressive or too aggressively sometimes or in certain situations but i do think that people are hyper uh focused and hyper aware of these pain points and and trying to get people to work on them is is important people care people care that's what i'm trying to get out here is that it's not i don't see any complacency out there right now yeah i mean for a long time we got stimmied by the whole block size debate and stuff right so i feel like the the new focus there's there's very much a renewed focus on privacy um in the bitcoin industry and i i fucking love to see it so yeah let's go and then uh speaking of let's go slowly

but surely satoshi's added to the oxford dictionary this week the uh sats are officially in the dictionary freaks i don't know if it was us we made it sats got added to the oxford english dictionary before they got added to lolly alex if you're listening that was a that was a a subtle burn a subtle burn a subtle burn a subtle nod shirts just bring on sats you know just put an option you know just give it an option yeah cash app you too yeah just let's get a toggle jack you're listening uh bitcoin bull book you know hasn't added it yet they said they were going to green wallet added it samurai has it yeah bitter has it slowly but surely and now the oxford english dictionary has it so uh if you're probably not in any oxford dictionary that you have on your

table right now but some in the future will have it on there and if you go online to the oed.com i believe it's called don't you need a subscription maybe i don't know i was able to access the page without a subscription maybe because it's a new word you get it for free behind without the paywall better hurry up and go check the definition before they pay all that shit i one thing is like i prefer sat or sats over satoshi yes i don't want too much uh to avert of an homage right yeah and it's just like longer and it's just yeah i don't know confusing i think it's got a nice ring to it just sats sat you know let me send you a sat sent sat close enough one syllable yeah satoshi satoshi three so wake me up when the oxford english dictionary

actually puts sats in all right i'm gonna come in your room matt matt wake up maddie maddie bent um uh this is some good news as well lnd uh version 0.8.0 was released and this actually was a cause of some consternation. Nicholas Dorier was about to rage quit L&D because of something about channel backups, right? I mean, no, it was like the way they handle the upgrade process is you have to revert back to the previous stable version before you move up.

I think it was like a half in jest because like Rockstar responded on it and like also on the BTC Pay team was like, don't worry, I'll handle L&D or something. so i think it was like just uh more of a joke but they i think they've made some changes based off of that feedback yeah he said he reversed rage quit he's not rage quitting anymore um but that's kind of cool yeah so this uh version of lnd again version 0.8.0 beta it's still in beta freaks uh uses more extensible packet format improves backup safety increases watch tower

client integration makes routing more likely to succeed and includes many other features and bug fixes on top of that eclair they have a new version out as well upgrade to eclair 0.3.2 it improves backups makes syncing gossip data more bandwidth efficient especially for non-routing nodes such as nodes on mobile devices so if you're running a mobile devices you're you mobile device and you're using eclair this upgrade is very good for you and it includes many other new features and bug fixes and that description of those upgrades is brought to you by much smarter people than your uncle marty here this is our friends at bitcoin optic i've heard lnd 0.8.0 is way more stable which is dope um and also cutamine is such a fucking boss that it's already

available on the novel how's he staying on top of it how's he staying on top of it dude just lives lives this shit um and while we're on noddle they're moving everything behind tour right now as well yeah i kind of touched on it earlier but you know they already had tor support for lnd and uh the main parts of bitcoin d but there's all these different little aspects that you couldn't access through tor so he just manually put it all behind tor they all have individual onion addresses stuff like electromex and btc pay is now behind tor um so he's just trying to just torify all the things which is fucking dope i fucking dig it torify all the things i seen you mean i fucking cannot wait i so like i've actually purchased a noddle dojo like that's not a

sponsorship or whatever like i am fucking super excited for this piece of hardware it's going to be the most like badass pre-built hardware node that's that's existed to this date so i'm very fucking excited for it are you gonna let this one get ganked oh yeah i'm just gonna ship it right off to the thief um we probably should have kept this uh after you freaks get a video yes i was like unboxing setup all that shit and one of the nice things there is once again is like this full stack it's like right now with like the main issue with Whirlpool is you have to install dojo and it's like kind of a pain in the ass and that will get simpler and it is really cool that you can install it

separate of an actual hardware node you know like you can get the whole software stack without actually getting a node you could just use your own hardware which is in terms of the security usability it's always you know better to build it yourself um but that's the hardest part but with the natal dojo you have it um it's always running you're able to pair it with your phone really easily and then you're just you can provide liquidity to whirlpool and the beauty of whirlpool over something like with sabi is wasabi you pay a fee every time you mix right it's larger rounds rounds of 100 you pay a fee every time you mix with whirlpool you only pay the fee on the entrance and then every time you

remix after that the new people coming in are paying your fee for you so your remixes are free so like if you're a good bitcoiner like you should be putting liquidity into whirlpool and you can just leave it there just remixing it doesn't cost you any more money and you're just helping out bitcoiners who need better privacy right but with wasabi if you keep it running you're paying a fee every time interesting that's a very interesting product differentiation there um i really like how whirlpool chose that path but it's it's funny it's like you know everyone on both sides are very vocal against each other but like i wish there was like a com like a so like with wasabi what i like is the way they handle their light client mode

um they serve basically neutrino filters even though neutrino isn't merged yet into core they serve their own neutrino filters through Tor and then you pull blocks from individual nodes like random nodes and if you hook up your own node you pull the block from your own node with Samurai when you do light mode you connect through Tor but it's like you connect through Tor it's like an Electrum connection so they just get your public key they technically know all of your inputs if they're like logging it they at least know it's connected to each other right they don't know your ip or anything um which is why it's really important to use uh if you're going to use whirlpool it's important to use it with dojo and with your own note and then the

other thing i like about wasabi is like the hardware wallet integration is really fucking slick um so it'd be nice if we could just put all three of those things into one wallet right like the nice the nice light client mode plus hardware wallet integration plus whirlpool's actual um implementation like the way they set it up yeah and the uh the lower denominations would be good too yeah they have three pools lower denominations the smallest one is 0.01 so right now that's like 80 bucks that's a really nice low denomination they have their post spend tools um so so you can send a coin joint on the way out as well um they have it all runs through the phone app which is just like such a slick way of handling it you know so i i think if we can

combine all these things it'd be really fucking dope and we're close you know that it'll come in time um like i'm just very i'm just very optimistic in terms of that but but mix mix your coins people need liquidity guys help with the liquidity it's it's important it's imperative and i agree things are getting better slowly but surely that is beautiful to see and things are getting quiet here is like the price we've been going sideways for for quite a while now it seems sideways sit down since mid-june obviously um and i don't know it feels quiet it's been harder i guess i've said this many times but it's one of those uh one of those weeks one of those couple week stretches where it's been a bit harder to write the bent to think of some content and writing about more

about history and stuff like that uh recently and pulling some old blog posts but it feels like things are quiet um at least just from observation maybe i'm just getting too used to this shit just waiting for the next the next drama to drop yeah yeah the drama is the next fight it's all shifting towards uh geopolitics right now i was actually kind of talking to i was talking to joe about this uh at beefsteak joe weisenthal um who is who's at the beefsteak uh beefsteak was great that was on friday shout out to beefsteaks everywhere shout out to beefsteak josh hey and shout out to you beef cakes out there too um he makes the best steak ever it's fucking delicious i went to the one in san francisco you went to the one in san francisco with me did you go to the previous

one you had in new york i did not did not make that yeah i missed that one too but anyway we went to the beef steak it was great i was talking to joe and he's like it just feels like a lot of people have too much time on their hands on bitcoin twitter i was like well first of all just people on twitter inherently have too much time in their hands that's why you're on twitter right a lot of the time it's just like you're procrastinating and i think the second thing is like we all came out of the woodwork for the scaling debate and there was like plenty to argue about all the time so we argued about that then the shitcoin boom happened so we like all were arguing about the shitcoin boom right and now the shitcoins are all down to zero bitcoin's trudging

along we're hitting new mining all-time highs right there's like very little controversy in the bitcoin space so we're all just like what the fuck now what do we do um and that's why i think like there's a lot of uh friendly fire and stuff that happens just like swipes and shit like that everybody's just like easily triggered yeah a lot of friendly fire out and bored hey put down your guns i'm not saying don't put down your guns don't put down your shoot marty don't shoot yeah just be nice hold the door just hold the door just try to be nicer actually i'm not gonna fucking lecture anybody do whatever the fuck you want um this is something we probably should have mentioned with the lnd and eclair

version uh upgrades electrum came out of the woodwork this was actually something probably the most newsworthy thing in my mind in the bitcoin world this week it's probably going underscored it's something i'm actually curious to hear more people's thoughts on because i'm not again a software engineering expert but electrum the the company that's been building wallet and server software for bitcoin or since 2011 um they definitely had their their ups and downs and people have their opinions about them but they announced uh they ninja announced on monday uh in my in my comments actually that uh they are well they ninja launched the lightning implementation and ninja launched uh or ninja announced that it will be python um so there

will be a python uh bitcoin implementation out excuse me lightning network implementation released by Electrum soon. So that's four different languages. So that's four different languages. We have LND, which is Golang. We have CLightning, which is C. And where's LND Scala? No, Eclair Scala.

Eclair Scala. Eclair Scala. And now Electrum, whatever. I'm not sure what they're calling their implementation. And Lightning C is easy to remember. CLightning C is easy to remember. CLightning C is easy to remember. But yeah, so Python, and to me, just as a layman,

And as somebody who has a cursory knowledge of the software development world and coding languages, a lot of the functionalities on our site are built using Python. And from what I understand, Python is a very big network effect, a very powerful programming language, which is pretty easy to learn as well. So just hearing that off the top of my head, it makes me assume that this would open up the ability for more people to build on top of Lightning. But there have been people hopping in my mentions saying that if they were to make a

Lightning network implementation, they would not use Python as language I think mainly because it's not static or as well tested as others I mean people have very strong opinions about languages. I think the coolest part about this is That it's the first wallet first of all it's the first wallet that predated lightning that added lightning support and they did it like whole hog by like creating their own implementation they can just add someone else's right and then the second thing is it's the first wallet that supports hardware wallets for opening and closing channels so you can plug in your

treasure your cold card you can open a channel with it and then when you close the channel it'll close back to your hardware wallet that's pretty bad I haven't tested it out for myself yet but that's what people were saying and that's really that's really dope right because it's like we're that's where we were you know just like we were talking about it earlier like the more funds we can have on hardware wallets instead of on hot devices would be the ideal obviously yeah did they say when they're going to launch us i don't know honestly i was ready to be done with electrum so right so that's the other like so i probably am done with them to begin with um and that's something like no hard

feelings they've been a very important tool that i've used throughout the years but well that's one thing too like i i that's like electric i'm very once i find a solution and it it works for me like i'm usually like ride or die with that and electron was one of those until recently when they were getting when their servers were getting ddos like i was telling people to like if they didn't want to like buy a hardware wallet and just i don't know like and they wanted to move some bitcoin to a personal wallet like use electron like test out electron and i had a couple people like text me like yo i can't move my shit out of electrum when they're getting ddos and well i mean the ddos was the best thing that could have happened because it showed how many people

were using it insecurely because if you don't run it with your own personal server regardless of the ddos you're just broadcasting all of your addresses to everybody and the only people there's no financial incentive to run an electrum server so most of the electrum servers are probably being run by chain analysis companies so it's almost it might i think it's probably even worse to run in an electrum without your own full node than to use like treasures web wallet because like slush probably isn't recording like he could and that second sucks but like if you use tor and you use a vpn like he probably isn't and if he is then he doesn't have your ip at least um with electrum it's like i that that was just a it's a really poor security model for the default

and i still don't like that when you install it that's the default and then the second thing is electrum personal server is an absolute bitch to install like electrum x is a little bit easier um i've heard good things about electris uh but like it's that's just a cumbersome process like i i think people will install core um they'll install junction or specter or something like that or wasabi and they'll plug in their hardware wallet and that's that they don't need to run a separate server and yada yada yada it's just and the interface is like it's it's performant there's a lot of options that you can choose from but it's not user-friendly at all no um yeah but be aware so be aware they are launching in lightning network implementation this is still good news

i'm i'm excited about the implementation and and that they're that they're still shipping stuff so Who works? Is Electrum a completely anon team? I have no idea. I don't either. I mean, it's fully open source. They don't have a business model or anything. No, I don't think so.

It's interesting. Interesting. Maybe, yeah. Do you remember when, so like the two big wallets in the earlier days when, or like, I guess, well, we thought we were late at the time, but like in 2013, 2014 was Armory and Electrum. And the Armory team was in a similar situation as Electrum, and they tried to monetize the by putting in a fee,

like they would get a cut of the transaction fee every time you said a transaction. And I just remember like people just flip shits. Like no one was going to fucking pay that fee. Um, so it's like a really hard balance to make. It's, I do like this idea of,

it seems like the three most performant business models right now for these wallets is, is the, uh, like creating, well, hardware. Yeah.

but creating a fiat on ramp which is like what jack is doing right with zap that's how he's going to try and monetize zap and then you have um the the coin join right where which is samurai and wasabi are doing where they take a they take a fee for the coin join transactions and samurai takes another step further right because samurai has to ricochet transactions um where they bounce it on addresses in a row um and they take a cut for that they charge for that and they also have another one that's coming out where you just do a two of two coin join with samurai that you pay for where like samurai still knows what's going on there but anyone looking at the chain besides samurai sees a two of two coin join um so they're gonna like take a little fee there so that's

interesting and then the last one is and i guess like for a while there was like shit coin trading that they added in to a lot of these wallets which was another business model i think bread wallet did that jack's wallet might have done that as well yeah like coinomi had it where you can just like swap with shapeshift in between all the different shit coins um and then the last one is like something like green wallet with blockstream where they basically fund that wallet to support liquid it's like the main it's the main wallet that you could use with liquid on mobile um it's like a pretty useful liquid wallet which is their side chain so then they're making fees from the side chain so just interesting to explore these different business models for

these open source projects right well wallet software in particular wallets yeah has been notoriously hard to monetize throughout bitcoin's history a lot of hardware can go into it and like you said armory tried to instill fees on their wallets like what the fuck like no and um yeah and the issue is like no one's going to use a wallet that's not open source like if you don't um if you don't have an open source wallet then people are going to freak out because they can't verify the code um you might just be stealing their coins from them or doing stuff you know that you say you're not doing and then if you do open source it and you try and add a monetization element they could just work it out um so you have to embrace that and expect that

and work that into the model somehow yeah so there are uh different models that wallets are pursuing it will be interesting to see what uh what is the most dominant i like coin join as a as a front under here and then hardware too hardware it's not uh it's not the most profitable thing but it makes uh the wallets a little bit more profitable no especially software especially if you're like ridolfo and you're fucking shipping improvements left and right it's a good segue into the next topic damn right i know i know it is um and you're shipping new hardware left and right and people want to buy new hardware because they want the the latest features they want the best security possible um so like they started shipping their newest cold card dmk3 um today so they're going

out in batches they are a tiny ass company so do not flood him with dms asking when why hasn't your shipped yet it will ship shortly yeah instead uh dm i'm asking when he's going to come on tftc next there you go yeah bother him with that um rep warren davidson was unnoted how bad is that did you listen uh listen to most of it um i still have to finish it it was fucking unreal i can't believe that fucking happened you fucking sitting u.s congressman from ohio if you had a noted podcast if you had to use uh if you had to use a certain type of ammunition for for currency what would it be oh yeah they had that conversation great um this this guy's famously the guy who during the libre hearing said there's bitcoin and then there's shit coin um yes so go listen

that episode it's just one of the best episodes of the year just and that's going to go down in bitcoin history it's good to see woke woke fifth column fifth columns right i've been corrected many times yeah woke fifth column actors within the u.s government he's uh representative he's not from north carolina he's from ohio ohio uh patrick mchenry's from north carolina is also a bitcoiner it seems um last topic protest all around the world hong kong still going on uh we had a crazy week here in the u.s uh in particular at the nba in china uh nba gm came out and had some strong words or not even strong words just showed support for hong kong lebron was weak as fuck lebron was very weak lebron bent the knee uh pretty aggressively bent both knees

got on both knees and uh it was even worse than that because he tried to he tried to like apparently like behind the scenes he was like trying to get the dude fired he said he said said that we should have sympathy for him and the other nba players because they've had a difficult week yeah like how had it touched you oh my god the 15 hit to the salary cap that's been growing non-stop but at least hire a good pr person like how did you think that comment was gonna fly yeah he fucked up there um barstool's got some interesting shirts oh the shirts are great as lebron is uh as chairman mal um if you want to go check those out and then they have a separate one with his activists like lebron the activist and lebron the yeah it's like the hypocrisy is

fucking ridiculous um then barcelona had protests bar catalina yeah so catalina the um i guess they're trying to have a referendum referendum to break away from uh spanish state and they want to be uh autonomous and uh people are hitting the streets in catalan i must admit i am not uh completely downloaded on the situation i just know that there are people that would not like to be part of the spanish government part of the country they tried to separate for a while i think yeah um and and some politicians just got like heavy-handed sentences too in the opposition side like 10-year sentences uh like in jail so yeah i'm also not very downloaded on that but but it seems like these protests are bigger than usual um and then there's the one with the farmers

where is that is that in norway or no that was in france oh wait oh no you're thinking so netherlands there was a farmers yes it was like yesterday they were just like filled up the highways i know i thought i know they did it a couple weeks ago i didn't know yesterday i think they're still doing it i'm more uh i'm thinking of the firefighters in france joining the yellow vest and the firefighters and the macron thugs got into it uh this week as well so yeah there's uh i mean are we are we just highlighting shit that happens all the time uh i don't know venezuela got added to the human rights foundation today or something the un human rights council really not the human rights foundation sorry guys um how ridiculous is it i think like that's the

one that's all corrupted it's got i mean the un's corrupt in general but it's got like syria on it and other shit yeah they're all fucked screw that what the fuck do those things what does the un do imagine having a human rights council and fucking putting venezuela in it and like going to work every day and actually thinking your organization was saudi arabian qatar on it and like it doesn't mean shit fuck it shake my head we don't need we don't need these uh non-elected officials or are they elected officials the un's like nobody elects anybody to the un directly from states no they get nominated right the un ambassador gets chosen by the executive fuck the un not a big fan what has it done for you me lately i don't does the bitcoin fix this the only thing

the un does is fucking create insane traffic in the city for like two weeks of a year it's fucking annoying well i feel that as a new yorker i feel that what are we riffing is are we just riffing on new york traffic you brought the medallions last week didn't you yeah i did bring up the medallions and and declining new york city real estate demand yeah um weather changed drastically it's fucking windy and cold out now getting into the thick of fall here the thick of fall um i'm trying to think about there's anything in particular i wanted to talk about you got you got pretty vocal on twitter this week about microtransactions and paywalls you know what i just felt the need i saw somebody going uh i saw a tweet about it was some vc shit coiner

from silicon valley on a podcast it was i didn't listen to the podcast and we like quote quoted the podcast in a tweet it's just like bitcoin has settled on the digital gold store value use case they're not going after real money at all and there will never it'll never be a transactional currency it's just false it's just false freaks it's false i'm watching people use it as a transactional currency every day on the dime bag i'm seeing it on my fucking zap app you can't lie they can't tell me people aren't using this shit for transactions i could see it you tell them marty so i felt compelled to get out there and honestly like i will die on this hill i think the microtransaction paywall use case uh could be like it's not gonna get massive adoption for

a lot of these publishers but it is like a way to get excess uh revenue and actually if something we didn't mention but probably should have shout out bitcoin optech again if rusty russell gets his way and we get a fee minimums on the lightning network upped a little bit it could be become a bit profitable you know well i mean that's just the default fee numbers you can anyone can change their one of the interesting dynamics about the lightning network is that you can change all of your channel's fees at will so it's not like they're locked in or anything with it so so just because so the whole routing dynamic can change pretty quickly um i mean ideally it'll hit like some kind of market equilibrium but it should be interesting to watch play out like our fees

like our fees on the on the nodal node are not on default um the there's two fees for lightning there's a variable fee and a base fee with bitcoin an on-chain transaction when you send it's based on the size of the transaction so it's how many utxos how many transactions are included on the input side is how big your transaction is and how much the fees will pay so so like a transaction that's twenty dollars could cost the same as a transaction that's two million but on lightning it scales based on value and you have this base fee which is just like no matter how much you send you get charged just this first fee uh and then the second fee is based on the amount of the transaction kind of like how most payment processors work um and you can change

those fees so with with our noddle node um it's the the base fee is reduced and the variable fee is increased so it makes microtransactions uh way more feasible but as as the amount goes up you get charged a greater amount yeah no that's uh just observationally again like saying people are using lightning for microtransactions like again our website's proving it i tweeted this out too uh lightning network transactions as a percentage of the total amount of transactions we've received through our node via btc pay server account lightning transactions count for 87 on chain for 13 of the total value we've raised via the website via our btc pay server uh the value is only nine percent so it's nine like 13 of the total transactions make up uh 91 the value but

people are using it for microtransactions a dime bag that's obviously a dime bag but and we actually get like a lot of one-off one dollar five dollar donations too i think i i think that tftc we're we're uniquely situated to champion this type of thing and to play with it and to like learn about it and just get used to it um so i'm excited to like lead the way here I think, I think it's like every Bitcoin focused media organization should basically, and I mean, I'm not trying to call us, I don't know if we want to be a media organization, but any kind of that, any kind of Bitcoin focused commerce or whatever should be experimenting with this shit and should be pushing the limit and playing with it. Cause that's what Bitcoin is do. and we've our stuff's open source you actually don't even need to go to github you can go straight to inspect element i believe for the way our invoices are uh triggered and that's just

our dev would like to do that on the server side but the way our cms is set up we have to do that on the client side um but yeah if you want to check it out and put it on your site you can like it's there it's open source somebody reached out to me my dm saves like yo i'll fund this for you i was like dude here's the code you can like throw it on your site right now like there's no funding needed like it's it's an if and function if somebody clicks this button and they pay the invoice that's presented to them give them the fucking content it's pretty easy yeah i love it yeah i love it i've i've read your final thoughts again on the dime bag it's a it's a good way to test like for the videos on our youtube channel at tftc.tv um i always use it as my like if i need

to showcase sending a transaction, I always use it. Thank you. It's a great way to test. It's a good little tool. It's a fun tool. It's a fun way. Test Joule, test all these different things. It's a little vending machine.

It gives you a little thought. It gives you a little thought. My crazy thoughts. I have a lot of crazy thoughts. You can find them at tftc.io slash dime dash bag. Matt's pointing at me. There's two other things. So, Lightning Conference Berlin is going on right now,

the first ever Lightning Conference. super bummed uh that neither of us are there right now i'm just going over this weekend it's like the it's just an insane lineup of people the live stream is going to be online do we know the website i don't know the website google it maybe we'll put it in the show notes um announcements are going to start coming out there's like all these teams that have just been staggering they're waiting to announce at the conference um so i think it should be like a pretty exciting next couple of days we're already seeing some people pre-announce um two of the things that i think are pretty exciting uh are game related there's two satoshis.games satoshi.games um they have a

new game coming out um and the guys between koala behind koala studio have a new new studio uh yeah so lightning koala works for alto financial now okay so they split up and then andres andres has a new yeah it's uh z zbd zbdo zbd zbd z-e-b-e-d-e-e i think yeah i don't have it in front of me i just thought of it yeah uh but that looked pretty cool i'm pretty sure that's it yeah they seem like they have some pretty intense uh uh inspirations so i'm inspirations aspirations i'm pretty i'm pretty excited they were definitely inspired to strive for these aspirations yeah they like posted some teased screenshot and like it looked pretty pretty cool so i'm excited and their their post was really dope so we'll try to find that link um if we don't find it by the time i post

this because i gotta we gotta record soon right after this um i will put it on the dig channel check out the dig channel if you're listening to this on a podcast platform and they have a subscribe button smash that please if you're on youtube subscribe uh the thumbs up button youtube's huge to do that yeah thumbs up us if you feel so compelled to write excuse me if you peel feel so compelled to write a review uh on itunes in particular please do so they help okay i have i have the the actual uh the actual spelling zbd right it's z-e-b-e-d-e-e that's what i said that's what i said that's what i said okay okay well now it's confirmed that's confirmed that io zbd shout out to andres he's um andre he's uh

fucking crushing it it's christian moss andre it's man mandel duck right yeah mandel duck is christian moss yeah um so he was the one who was doing uh i think he was fucking around with like the rpgs yes yeah because it's crazy like lightning with actual like with gaming i think could be like that esports is already fucking huge i already spent like i waste so much time playing video games i you know spend the rest of my time on bitcoin like it'd be nice if i could just merge the two worlds like at least from like forget about total total addressable market like it'd just be fucking dope for me and then simon cowell this is the third guy the dude from american idol no different guy it looks like he's from bitstamp i thought he's gonna make he used to work at

bit stamp he has bit stamp in his bio i thought we had our boy from american idol making a huge mid-career pivot there would have been nice to see he was actually he was speaking at some bitcoin conference i think btc magazine simon these like the american idol guy no no okay this this simon cowell real simon cowell right because he was speaking and we both moderated panels at the last bitcoin magazine conference so like i sent my dad the like the picture of the like the poster that listed all the speakers or whatever um and i thought because he's like he's obsessed with tim draper and tim draper was the like the headliner so like i figured he was gonna like go crazy when he saw that tim draper was a keynote and like i was on the same poster and he responded back he's

like simon cowell's speaking and i was like no there's no way that can't be the person i i wonder if uh bitcoin simon cowell has uh an office space moment every once in a while where he's like fuck that american idol motherfucker it's like our boy nick carter from the backstreet boys or is it in sync what is it backstreet boys backstreet boys nick carter was backstreet boys i believe yeah you freaks know that fun fact and then he launched coin metrics it's such a weird pivot yeah yeah from boy band to uh running full nodes to get blockchain data to people in need big pivots in the world right now bitcoin bitcoin's black hole gravitational pull is pulling everybody in from the music industry

and who was the last person you just mentioned? And Nick Carter? Oh yeah, Nick Carter. They're both in the music industry. That's why I got confused. That's why I got confused. It's the other industry. That's all we got this week, freaks. It's been a fun one. We just riffed like an hour and fifteen

there. Fuck yes. Stay humble, stack sets. Peace and love.