The Bitcoin Group #337 - SBF Arrested - Trump NFTs

The Bitcoin Group, the American original, for over the last ten seconds, the sharpest sitoshi's, the best bitcoins, the hardest cryptocurrency talk. We'd like to welcome our panelists, Dan Eve, the crypto raptor. Good morning, good afternoon and good evening. Martin Wishmeyer from General Pites. What's up guys? Nice to be on the show. Ben Arck from LNBits. Happy Friday all. And I'm Thomas Hunt from the World Crypto

Network moving on to issue one. Issue one, SPF still pretending his crypto collapse was a mistake. Charges show it was a con. SPF was arrested this week in the Bahamas and now is fighting extradition which has caused him to be locked in a Baja Manian prison cell until at least February 8th. Meanwhile, in New York, reports suggest that his ex-girlfriend or ex-polycule member Caroline Ellison is

working with the Fed and snitching on FTX co-founder, Bankman Freed. Dan Eve, what do you think about SPF arrested? Well, I'm quite happy with this because I actually predicted it last week except the slightly wrong order. I thought he'd screw up in Congress and then they just saved a rest of them on the back of that. But then there's this little kind of conspiracy theory that

he was arrested because of the fact that he might screw up in Congress and at least this way, obviously, it's a conspiracy theory. But the fact is that I think a lot of people really want this and it seems entirely justified. He really let the cat or the bag in all these interviews about how he mixed customer funds. He was very kind of blas A about

the whole thing really considering he screwed there's so many lives and he just was so almost flippant. The way he was doing these interviews, I think, telling his lawyers to go effemself and all that. He shows an arrogance that he probably thought he can get away with it. Now it seems a bit more realistic that he is going to go down for this and the charges

they've put him up for are pretty darn serious. Seems like Ellison has turned against him. She went completely silent almost immediately, which shows that she's been listening to the advice and not stitching herself up by doing loads of interviews. Their co-FTXEO also chopped him in like days before to the behind behind authorities as well. So it sounds like he's he's pretty much going to be alone

in his cell for a while. Whether the cameras stay on nobody knows. But will he even make it to the US apparently he's really not happy about the conditions in the jail. His parents are really striving to get him some vegan food delivered because he's not he's not happy with the banquet that's being given to him in the in the jail. So it's all a bit

of a it's all a bit of a crazy it's going to be a crazy Christmas for him, right? But yeah, it's going to it's definitely going to lead to a good Netflix documentary. I don't know. I think what's the what's the exit question? Can it be who's going to play Sam Bankman Frieden and Caroline Ellison? I thought it would be an interesting one. You think it's

going to be Jonah Hill? Yeah, I'm hoping that's what I've heard. But yeah, it is great to have Sam silence on Twitter spaces to have no more interviews mainstream media or otherwise. That almost makes it all worth it. Like Dan said, it is a pretty bad jail. Previously, they had a rat problem. They say the rat problem is fixed, which you can always trust a jail

administrator when it comes to rats. Also, they've got another rat in there now. Oh, they got mud floors. It just looks like a bad place. And in addition to the vegan food problem, they're also giving Sam that really weird drug that he's on or Sam or something. They're giving him a patch. And they're saying that that chills him out. And when he doesn't have that, he's

apparently so addicted to that allegedly that he gets all the shakes and everything. So maybe he needs more drugs. Martn Wismer, what do you think about SBF arrested? And of course, the possibility that Caroline is not just silent, but working with the feds. Well, you know, it's he should have been arrested like long time ago already, but it's good. He's finally in jail. I was a

bit angry when I read that his parents asked him for some vegan food, considering that many of the people he stole from basically don't have anything to eat this Christmas. So how dare you? Even ask for your vegan food, you know, if he wants to eat, he better eat dust. And I think it's good. It's a you know, crypto has a bad rep in that respect

that people tend to like scam others and think they can get away with it. In this case, it was just excessive. This guy belongs in jail. He's like Bernie made off basically with with the sort of personality disorder. I mean, you know, you steal from all the people and you start giving into you. I don't know what happens. I have no idea where the billions went

while you bought over 500 million worth of real estate for you, your staff, your family. I mean, really, this is insane. This guy belongs in jail and a long time. He's got to be in jail for the rest of his life. You know, that's my opinion, personal opinion, but we'll let the judge decide. Well, and it's not just that martin. It's also the effective altruism. Remember

when he was up, he was saying how he needed to earn millions and perhaps billions of dollars personally so that he could then donate it and do the most good. And that not only was he better than all of us at business, he was also better than all of us at altruism and thus emotions and feelings. He had a bigger heart. He was a big billionaire,

but he also had a big heart. And we also saw a lot of that big heart on the post crash tour where he just wouldn't shut up about how I made a mistake and I didn't have a dashboard to monitor things. And then we, I didn't even add this to the thing, but we also had the congressional hearing where, like you said, Sam couldn't be there.

So the guy from Enron, who's there to clean it up, the cleaner guy, Mr. Wolf, his real name is Mr. John Ray. But he's like Mr. Wolf and Pulfiction. He's there to clean up this mess. And he says he doesn't trust a piece of documents. They had there. He said that it's the worst accounting system we've ever seen. They don't know where all their wallets are.

They don't know where all their past phrases are. They kept passwords in a plain text file on the computer. So anyone could have ran off with it. They use customer funds for everything. And like you said, it's nothing fancy or technological. It's good old fashion of embezzlement. They were just criminals. There's not frauds. Nothing to do with crypto. Nothing to do with Bitcoin or high tech.

It was just fraud. Ben Arkey's finally been arrested to take some joint. And now perhaps the end of this story or the end of this fraud. Yeah, big hearts. We can have big hearts when you've got billions of other people's money to play around with and be altruistic with. And a big ego. It's big ego is probably collapsing on itself. Now it's all reality's hit. And

he's in that right and festive prison with the dirt floor and over the food. And this is I think this is part of the problem is he's been in this big swanky house. Nothing really much changed from in his material existence. He's in the same lovely plush surroundings. He's been in all these criminal charges with all these reporters who were cutting them a lot of slacks.

They could get stories out of him. So I just don't think reality's hit. And I think now, whereas the rest of the world can see this guy is going to go down because he's broken a lot of laws and it's not just laws over embezzlement and not just laws over fraud and of customer funds. It's also like campaign contributions and all sorts of things like he's

broken all sorts of laws. So he will definitely go to jail. But it's this difficult thing with a white collar. Criminal, whereas you don't really know how long he's going to go to jail for like there'll be these lofty sentences and sentence time is thrown about which will here. You know, he'd be putting jail for 150 years. Love of love. But how much time you actually

serves. I don't know. And it's just that thing. You saw like cops with a white collar criminal. They don't smash down the doors and throw them around and then chuck them in prison. They, you know, they get to hang out in their big fancy mansions until eventually, you know, they they're taking quite later to prison, which is what's happened here. Alison, girl, I, I, I, I,

from what I hear she's in hiding. I think SPF probably shot himself in the foot by alluding that he was shifting blame saying he didn't know anything about it had nothing to do with him. Love of love. So, you know, the logical conclusion is that he's going to stitch up the people around him. And she would be one of the people he would stitch up. So

I think she's just gotten in there before he has. She's from Rainquire. She's probably working with the authorities to try and get a slim down sentence. And yeah, the. He's in a lot of trouble. But I, I don't think he's like a sociopath. Like some people calling him a sociopath. He's not just an idiot. He goes in the ecosystem kid got too much money too much

power, too early on, took too many drugs, all went to his head. Everyone around him was telling me he's amazing. And now he's going to come back down from that. I just like, but the Bernie made off analogies. Great because Bernie night made a four so showed absolutely no remorse until he was in prison. And then he saw the the detrimental effect of his situation was

having on his own family. And then he said, well, I don't know. And suddenly brought home to his real world existence and the people around him who he loved and cared for. And I think the same will probably happen with SPF. I'm sure now he's starting to really think about how much trouble he is actually in. But hopefully he will show some remorse or more remorse

than Mr. Maidoff. Because that, you know, I still don't think he's showing that much remorse for what he did. But yeah, it's a shit show. And just as we'll be served. But why color criminals they tend to get away with a lot? Only about a week to go till Christmas. Maybe Sam will be like the Grinch. Sam's hot grew three sizes that day. It could be

visited by the ghost of Christmas past or the ghost of FTX past or the ghost of S against future. No more dickens, no more dickens all the time. Everything's a dickens. Christmas Carol over and over again. Couldn't give a dickens. Truman's Capote Christmas. That's what we need. Dan Eve. We've got a bonus exit question with an additional story. Is this is the gift that keeps on

giving? Meanwhile, Kevin O'Leary from Shark Tank went to the congressional hearing for some reason he was allowed to speak even though he knows nothing about crypto and he didn't work at FTX. Although he did work there. He was a paid spokesman who's paid $15 million of which he says he lost 10 at the hearing. He took his time before Congress under oath to say that CZ

from Binance acted evenly and killed FTX. So that he could take over the entire unregulated exchange market. He called CZ a liar. CZ called back called Kevin O'Leary a liar. And now Kevin O'Leary has called back against CZ doubling down on his claim that Binance destroyed FTX. There's also been a bank run on Binance with at least a billion dollars in Bitcoin being pulled off of

the exchange. Some even saying that perhaps the run. Up in Bitcoin was due to Binance having to buy coins. Dan Eve, what do you think about Kevin O'Leary from Shark Tank versus CZ and the Binance situation? Well, it's ludicrous that he he testified in Congress because he's literally paid by FTX. I mean, like he's in their pockets. So that's just an odd person to bring to

testify. He's going to defend them as well. I think other people are calling for. The Gensler to be to be kind of thrown over the calls as well because he was very cozy with SBF on creating a crypto kind of framework for the SEC. And that obviously, you know, if Sam Bankman free just now, like we know one of the biggest ponds, well, scams in history,

then surely, you know, that doesn't look good on Gensler for being so close to him. I think they're already other links as well. I read that the parents are not going to be able to do that. The parents of SBF somehow will link to Gensler in some sort of way. I don't know if that's all true or not. But it's definitely implicating a lot of people

far and wide at the moment. And this down for us, you know, again, it's still not over yet. There's still going to be far more ripples. Not that I don't have any BNB or, you know, I don't even use Binance, but I just don't think it's, you know, saying that Binance made them made FTX buy back their assets. And it's calling that which was last year

anyway. And we're calling that the downfall of FTX, I think is ludicrous because, you know, that's half a billion on 10 billion. Right. So what about the other nine and a half billions and that's, you know, it's just a stupid thing to kind of say really it's like what 5% of the assets. So there's a lot more to it than just that that kind of amount

from last year. Yeah, some people were saying that the the CZ calls the kind of bank run recently. But the problem, the problem, the problem is that the bank run is going to be a lot more than that. The problem, which is kind of a good thing is that CZ is usually quite kind of transparent about things with with with Binance. And so, you know, he's

only doing what is he normally does it wasn't anything really this out that much out of the blue. And suddenly, you know, crap, we're on FTX to try and try and cause their downfall, although it is a nice sweet story to make right the guy with the monopoly. Then takes out the second, the second biggest competitor, but he took out himself like he mixed funds himself

like CZ had nothing to do with that. You know, it's it's it's all unfortunately SPF and the more unravels the more it looks like he was a sinister guy and he had me for what I thought he was like, Oh, I was saying, you know, when it first happened, he's the full guy I reckon he's the full guy, you know, he did affect Veltarism. I was

a sucker. That guy is a scammer. It was amazing that O'Leary was allowed to testify given his interest in FTX and then what he said. And it was also interesting that he would choose to go ahead with his written statement after we all just heard. Mr. Ray say that it was embezzlement that it was not a complex crime. This isn't, you know, because CZ took his

investment out. It wasn't because of the FTT token. It was just straight forward mismanagement of customer funds as coffeezilla proved in his interview with Sam. All the money went in one pile. It wasn't separated. It was margin traded. It wasn't separated. If it was money for Tom Brady. It wasn't separated. It was my Bitcoin or your Bitcoin. Just one big pile. And they spent it. And

they spent it all like children and more and more that's coming out allegedly. Martn, what do you think about the O'Leary story and the battle with Binance? And again, this also this contagion, this withdraw your own keys, Binance and the next exchange and the next exchange. I think Kevin Delerius having a Delerium. I would be totally pissed off if I'd be out to $10 million. But

no, there's a serious conflict. He said, cold, cold it bluff and said, I don't want to do anything with this anymore. Of course, the guy plays chess just like everybody else. This is an easy way to, not an easy way. This is business. Don't hate the player. Hate the game. So in this case, SPF was going down anyway. And it could have been a bad game.

SPF maybe lasted a bit longer, but it was a Ponzi. And I think, as she said, just said, okay, this is enough. We're not going to do it anymore. We want to get rid of our assets in your company. And I think he's totally right. I would have probably made the same move maybe even earlier because I have a little bit less patience than say, see,

but no, claiming that SPF is the cause of all the problems. Everybody knows there's been just rampant fraud. They spent like what? 100,000 per month on catering. That was not catering. That's gone to the co-dealer. They're all strong out goblins. Just making shit coin trades instead of just holding their own keys and buying Bitcoin. I mean, the head is coming. And to be honest, I don't

know how much Kevin Delerius actually knows about what was happening at the company. But if he's like making these statements, I think he's part of the problem. And I don't also don't know why they call they miss their wonderful because I don't think there's anything nice about this person, really? I think it's more of a sarcastic naming. He always offers these horrible deals where he'll take

a royalty where every Coca-Cola you sell, you should pay me a dollar till the end of time. You're like, that'll be a horrible deal. Think about how many Coca-Cola's we sell in a year. And he's like, that's what I'm thinking about. Ben Arqu, what do you think about CZ versus Kevin O'Leary, the battle of Binance? Yeah, I mean, I don't think the O'Leary guy has much

of a like to stand on really clearly. CZ, like why would he, even if he had the opportunity to invest like $1 billion or something to keep the Ponzi going? He would just stand being trouble for being in a complex or why would you want to like take yourself with a company which is in such dire straits and a bunch of goblins? Like Martin says. And

then win-win, you know, it also takes out one of his big competitors. So he's perfectly in his right not to want to get involved in that shit show. And if it benefited him also in his company, then, you know, that's just, I think that's just happenstance or anything else. It was interesting to think about how little due diligence time it took CZ to say no to

the company. Whereas Sequoia, these pension funds, all these other investors said, yes, yes, to the FTEX, never looking into it that they had no board of directors, no CFO, no HR department, they were going through it at that hearing. And they're like, this doesn't even seem like it's structured like a company. And I can't know, it's just once you guys hanging out spending money. But we've

got to move on to issue two, issue two, Trump sells a new image as the hero of $99 digital trading cards. Yes, former president Trump has created his own NFTs. He's so old, 45,000 of the NFTs at $100 a piece, netting himself and the company that helped him set this up, $4.5 million. The NFTs are profile picture NFTs with unique attributes, such as foam finger or

astronaut helmet, a top gun image. There's even a commercial. Let's see if we can watch a little bit of the commercial here. Hello, everyone. This is Donald Trump. Hope you're favorite president of all time, better than Lincoln, better than Washington with an important announcement to make. I'm doing my first official Donald J. Trump NFT collection right here and right now. They're called Trump digital trading cards.

These cards feature some of the really incredible artwork pertaining to my life and my career. It's been very exciting. You can collect your Trump digital cards, just like a baseball card or other collectibles. I just really love the way he introduced it because that's always the way that I introduced my NFTs was as collectibles or baseball cards. Previously, Trump called Bitcoin a scam. Now he's selling

NFTs. It wasn't just the tech world that was excited about this. The entire political world was excited about this. Every late night talk show covered this. They're all into the new Trump trading cards, which as of right now are selling for about $200 a piece on open sea. If you bought one at a hundred, you could double up by selling at 200. Martin, what do you

think of the president's new venture? His major announcement, which he teased in the news, classic showmen and released. I need a bucket. I need to puke. I'm feeling sick. I mean, really exit through the grief job. This guy is going down. I mean, really? In fact, there's no self reflection whatsoever. Yeah. I have this. The theory that every democratic country gets the leadership they deserve. If

people fall for this shit, they just don't deserve any better. So, you know, $99. I wouldn't even pay $99 cents for it. This is crazy, man. Well, potentially new customers for NFTs, presumably people who know, I mean, or just more meat for speculators. Because whoever got their first and bought the ball is probably going to be a big fan of the game. It's just unreal. I

mean, this guy presents, there's a superhero. He's like a walking snail really like. No. And then. No, no, no, no, no, no, no, no. I just don't want to talk about it. I'm very not positive thinking about this. I really, I really tried, but I had to throw up halfway the promotional video. I think, you know, this is just crazy. And if people, if people, you

know, I can understand people, vote for this. I mean, it's voted for this guy made like the wrong decision. It's very difficult to, you know, convince people that they did make a wrong, the wrong decision. But then, you know, I mean, you see these NFTs. I mean, what the fuck? It's just, it's, it's going the way of the tramp wine and the tramp steak and the

tramp whatever. This is like not going down. Personally, I have to say I'm not a big fan of him. But these NFTs, they're just so fucking lame. I mean, really, maybe, maybe it's something for them. You know, maybe Dan wants to buy one, but I'm not going to spend a penny on it. Well, let's see, we can, we can pull this up real time right here

on OpenC, the open market, Trump digital trading cards. Let's see, there's been 1,571 Ethereum volume, which add around, that's 1.5 million or three million depending on the price for Ethereum. The four price is 1.0.17. I don't know what that is, a couple hundred bucks in Ethereum, maybe. And as you can see, let's look at the actual NFTs. It looks like the cowboy hat ones going pretty

low. They have different hand gestures, whether they're pointing at you, thumping up. There's that phone finger that I talked about. Different hats. And then I think we're not going to see them down here in the, like, the low price ones. But they, like, Martin is saying, they have astronaut ones. They have superhero ones. Like, it's, it's almost a parody. It's almost like, is he in on

the joke, making fun of himself? But I don't think he is. There's been, I think there's a serious lack of self reflection in this, in this guy. There's like no self reflection whatsoever. I don't think he, he understands the joke. You know, he is the joke, but he doesn't, he doesn't realize it. You know, any attention is good attention for him. So, you know, I don't

think there's ever been a human being like this before. Ben Arck, what do you think of the president? And this was just for $4.5 million. Like sure, it's a lot of money to us. But allegedly, he has billions. This seems very low. Like every, I mean, I'm obviously I'm into NFTs. So I'm, I'm disqualified here. But the rest of the media was like, what a horrible

thing. Like, this is like practically like he's selling used cars. Like, this is the worst. I mean, what can you imagine to be lower for the office? Nothing's real. Like, it's, it's like being in an 80s for like Robo couple, the running man. And seeing, you know, those like parody shows, they don't have like climbing for dollars or, or something in, in one of those 80s.

So nothing's, we just, I just feel like we're in this surreal version of reality where the next president is sending these NFTs. But there is kind of something kind of cool. How they, they, they, they, they, they remind me of a particular type of NFT card is a curia cards. So if you remember them, but that was a one on there with my Bitcoin's. And some

of these Trump cards kind of remind me of those. So maybe, maybe it's a homage to curia cards. This is that wish you can buy. But no, it's, there are some of these pictures where they put Trump's head on someone else's body. Actually, I would say all the pictures. So in the same way that mad big quen's head is on James. Yeah. Yeah. Yeah. There's nothing

like some trans broadens. Yeah. Yeah, he's very trans. But yeah, it's just more Trump, more Trump tax. He has a long list of tax, which he pedals and he always has. They'd say, I think there is, you know, outside of it being Trump, obviously, I think there is definitely value in people be now to buy something, which is attached to some sort of public figure, whether

it be some sort of, you know, YouTube or thought leader or politician or whatever. And then with the, the, the buying it, because they want to kind of culturally own something, which is part of, you know, that thing, which they want to do. They like Trump, whatever. And then as well as that, they're like, well, this thing may go up in value, because I think that

this, this person's. This person's impacts going to go up in value. And then that will cause this thing to go up in value. So I think there's definitely something really interesting about cultural using this technology to buy into something culturally, which you then then supports that thing and then can also help. And then also those people who points that thing have like a vested interest to

pump that thing. And absolute that I imagine they'll go up because there's all these like. People out there who want, who are going to want to buy these tea bikers or whatever, they call them in the US, these people who are going to want to buy these things. And they're not quite technically competent enough to buy them, but I do then think there's also a moral

implication, if you're, if you're buying into something, which is going to culturally support a movement or a person. And, and if you're just doing it for speculation, I think there is some moral implication there as well. But yeah, there's definitely something interesting about the whole thing. It's sad that all this stuff isn't on Bitcoin. Like we need to be quite, I know for Bitcoin, we have

a certain certain properties, which Bitcoin fulfills as a store of value, you know, and a lot of these projects built in a theory, miss you know, it is a hockey castle built on sand. So hopefully, you know, some of the maybe the theory, the East had types will move back into Bitcoin and start building some of these NFTs and things on Bitcoin. But yeah, I think

it's interesting. More Trump tats and just a surreal version of reality, which we're in. Interesting side note, the Trump NFTs were actually released on Polygon, which is kind of a scaling token attached to Ethereum. And it's also hackies like Ethereum is a work probably to need this extra thing. And then this thing doesn't work properly. And technically we can roll back this thing. So is it

really like, you know, a mutable like, we can build back like we can do a better version of Bitcoin. Well, and people always question whether the polygon NFTs would be as valuable as an Ethereum NFT. But here, the ex president is when it's gone and made some allegedly valuable. And I think that's the way it's going to be. So polygon NFTs, I like this gold one

here. It says it's number two. They want 4,500 Ethereum. Dan Eve, what do you think about the president's new toys? Well, I'm going to go out and say that I actually, I was actually going to buy it didn't realize they'd already sell. I was going to buy some because there's, there's enough, there's enough. You know that they're going to go up in value because there's enough

people out there that would just buy it. So from a, from a not supporting Trump perspective. But just from a, just from a, like speculative point of view, they're, they're going to stay around for a while, right? Even when it's even it went when, oh, there you go. It's for you to see if he goes to jail or something like that. Then, then there's still probably

going to have quite a lot of value to it. They're going to become maybe even more rich because it's almost like jail is like, like, you know, it's like when, but maybe it's kind of like when an artist dies, they become more valuable when they're, when they locked up to they come become more valuable. So I think that they'll have value for a long time. And

you just look at his, you know, his Twitter, account and it's still like 90 million followers on there, which obviously he's not active on it anymore. But it just goes to show how many, how many people around the world could be possibly interested in buying those. There's obviously a lot of a lot of people kicking off that who are actual supporters saying, these funds aren't going

to his election campaign. So they're really sad that they're there. But if they bought an NFT, it wouldn't go to try and get him to become president again. But I'll ultimately, you know, the NFT just shows NFTs aren't over yet. However, the fact is, I said, I don't have yet, they're not over and they won't be it's just, you know, this is just a little bear

market as we have a normal crypto. But I do think this is going to be impacted negatively from anyone who doesn't like Trump. Right. So there's obviously a lot of feedback in general about, oh, you know, this is ridiculous. His announcement was just a joke blah, blah, blah, which you'd expect them to say whatever he's going to announce. Right. But now there's a thing for there's

a hatred that's going to boil down to more than just not liking NFTs. There's going to be an extra element, which is, oh, Trump, you know, bought a bought into NFTs. Therefore, NFTs are bad. So that could negatively impacts on the market in general and reduce adoption because it becomes one of these, you know, the NFTs are a tool of Trump now. Why would I want

to support or get involved in a tool of Trump? So I think that could actually have had no have negative impacts on the NFT. Well, that's a built on that for an execution question is the Trump NFT release good or bad for NFTs, Martin Sw? I've got a big fan of NFTs, I think. Execut Except Qio cards, of course, it's the only NFTs I adore for

the rest. It's like, I don't know. I don't even know what it stands for. So not not fucking tonight or non-functional testicles or what was it again? I don't know. I think it's a cultural, movement person, whatever. But yeah, I think it would be good for NFTs. A lot of the world likes them. I'm with Martin, they don't particularly tickle my fancy, but they presume to

like them. So yeah, it would be good for the whole thing for their whole NFTs scene, I think. We've barely talked about it here because obviously you guys don't care, but you could win dinner with Donald Trump. You could win a meeting with the former president of America and so forth. Of course, in the past, he's done many sweepstakes like this and often refused to show

up for the meeting. It was great in the script. They've made so much fun of it. I've seen it a dozen times out, but he's like, you know, you could even have dinner with the president. I guess that's the best prize we've got. He downed his own prize. I could have KFC to get a return. I mean, what does dinner mean with Trump? You can have

ketchup on your steak. He said he said that's what that's all we've got to offer or something. Like that's literally though. We've got left in the bag. That's the best we've got. That's really got no supermodels, no rock stars. Just the former president Dan Eve. You started out, but what do you think? Good or bad for NFTs? Okay. Well, I thought about it a bit more

carefully. And I think I'll ultimately, although there's going to be a bit of resistance from the from from people who don't like Trump and therefore think, you know, NFTs are a tool of tool of Trump and they're bad. There's two things here. One is that everyone's talking about NFTs now, like the number of people that have heard about NFTs are suddenly grown massively. Like and they're

now paying attention a bit more, whether that's whether they're going to be on the like or hate end of the spectrum, but two people are morally corrupt when it comes to money. So even if they're like, well, NFTs are bad because of Trump, but I could make some money on it. Now that I think ultimately is going to is going to Trump morality, as it were.

So I don't think it's going to have a net. Oh, I got you. A net, a negative effect. I think it is going to be a big, a big, you know, a big, not a positive thing. But I think it's any talk about something is, is, you know, it wasn't, was it called any any advertising to get no, I hope you have something. That was such

thing as bad press. There you go. There you go. Unless it's a hydraulic press in your squash underneath it. And then, I'll be bad. Like all those YouTube videos I like. But now with NFTs, I've always thought of it as Andrea said about these kind of childhood coins, where everyone on the playground would have a coin. And they'd be Johnny coin and Freddie coin and Al

coin. And we're starting to see that now with Tom Brady and other celebrities, people like Gronk who you can't use the uniform. You can't use the logo of the team, but you yourself. This an athlete can go out there on a field, throw football around, call them football cards. Trump can have himself put into these pictures and call them Trump cards. And everyone now has their

opportunity, their chance to make their coin until we reach total saturation, which I think will be the point where everyone has their own coin. And now we're trading our own coins with our other coins. And you might not want more like Trump coins, but you could trade them to get something else than you could get a sandwich. So I think NFTs will continue. It's a business

idea, I think, in general, for someone of his popularity, because as soon as interest starts to dull around him, he can just say, oh, one, on November, the 15th next year, I'm going to be doing another giveaway or something like that. And anyone who owns these NFTs, and then suddenly you've got another, you kickstarted the trading market again. And so people are going to be trading

these NFTs to see what perks they can get whenever he announces them. So it's a very, it's a very, it's a very, kind of shrewd, shrewd way of kind of keeping yourself in the media, I think, as well. Like Dr. Rooja said about one coin, I will double your one coin by November. I'm going to update the spreadsheet. Moving on, check out worldcryptonetwork.com. We've got 3,023

videos, links to podcasts and more at worldcryptonetwork.com. traders are taking their cues from technical charts. They say that the Bitcoin could come up on a bearish intersection of the two averages known as the death cross. However, on previous death crosses, the price has actually gone up. And it could signify a bottom. Ben Arck is the death cross, a bottom, and a new beginning or more bad

news for the price. So I don't really care for all the trading stuff, but for me, say that about the death crossing, because I said, why are we've had this story before like three or four times about we're going to hit a death cross, and it's the end of Bitcoin and it's going to spoil our control and go down in prices. It definitely has dropped in

price. So as making a little bit of extension this week, we're making like have different, you know, like information points like mining info and liquidity stuff and fees and also the Bitcoin price and some sort of question on a panel. And as I was building it every time I looked at the price, he'd gone down a bit and he's making me sound and reminded me why

I never look at the Bitcoin price and try and stay away from as much as possible. But yeah, I swear I've heard this death cross story before. So, like you're saying, I hope it's just that and it's just the bomb. I can't see. Yeah, how, yeah, I personally don't think it's going to go down significantly to where we are now, but not trading advice. It sounds

like something out of Treasure Island. A pirate comes into the bar and offers you a death cross, Dan Eve. Will there be a death cross? Well, the one thing about this article was that that I call my eyes that it said, traditionally, 15 months before the halving is when Bitcoin reaches the bottom. But wasn't it in 2020? I suppose it wasn't the big, yeah, it was

the bottom. I know actually, I take that back. We didn't quite go down to the 3K level in March 2020. So, I mean, at the end of the day, I've never, I've never kind of really believed much of these kind of strategies. I for about two, three years, I messed around with Metatrader and all that and they would just update the strategy when it didn't work.

And then so it would always be like, you know, and then they fix the previous data so that look better against it. And you're like, oh, look, look, look how accurate this has been along the way, but you don't realize you're being fooled that they've just updated the algorithm because it was wrong again and again and again and again. But yeah, and also as Ben said,

is this like this continuous like the like the mining death spot. And all these kind of things that we hear that never actually pan out just like the Bitcoin obituaries. I don't I'm not a technical trade out in any way. I think I should have just stuck all without sort of going through the phase of thinking, oh, I can trade Bitcoin and do leverage trading and

all that stuff that's extremely risky and caused too many in some the nights and episodes. So there's strategy should just be like, you know, I don't know. And I think that's like $1.00 average and and hold on and just don't don't make sure that if there is a bear market, you don't have to sell Bitcoin at the bottom to live, you know, make sure that you've

got your living needs catered for and then buy with the excess and that is the. Maybe a huge reward that you get in the end potentially, but most people lose out. So you know, it's a zero sum game. But if you've got the time and the patience, it's not a get we get get rich, rich, quick scheme. It's a slow and steady wins the race scheme.

And yeah. So I don't know. It's all these triangles and things they perplex me are stick to just you know, having some saps and and just locking them away forever. The great thing about predicting the price on Twitter is you can go ahead and tweet twice. One saying that's going up one saying it's going down. Delete the other one later. And then you look like a

genius every time. And so yeah, down, I'm not much into the charts either, but it does seem like they tell you there's going to be a decision point where the lines all come together. And then it goes up or it goes down, but they never seem to know what way it goes in the decision point. They always tell you afterwards afterwards. They're like, oh, of course

we were on a knowledge. We're on a line in a seven in a six and a three. And like, well, if you knew this beforehand, you would have put all your chips in. And they're like, well sometimes we're wrong. So Martin, a decision point, I believe is coming. What will happen with Bitcoin and the death. Well Thomas, the thing is this SMA, the simple moving average

just looks at the past. It doesn't look at the future. And all these these analysis, you know, like, like, little trader analysis, it's, bullshit. What they're trying to do is to take whatever worked in the traditional financial markets and then apply it to Bitcoin, but Bitcoin doesn't, doesn't work like that at all. Actually, the honey budget doesn't care at all. The only thing that's really important

is what as Dan put out this said just said, it's like DCA you weigh in. That means sticking to a plan, no matter what happens stick to the plan by a set a fixed number of like, whatever your currency is, dollars, euros, pounds, every month, every week, every day, or whatever, and just stick to that. Most people make the mistake is that they deviate from that

plan. The moment Bitcoin goes down, but that's the moment you should buy more and not buy more. Just stick to your plan. And if you look over the years, over the past 12 years, what strategy works best is DCA dollar cost averaging, meaning that if the prices high, you'll still buy your hundred dollars worth every month. And you'll get a fewer sets than you would have

if the price is down. If the price is low, you still buy your hundred dollars worth and you get more sets. But in the long run, this means more profit for you. No headaches, you sleep at night. Just make sure you have a little bit money put aside for food, the misses, you know, parties every now and then. But forget all these these technical trader bullshit.

But you know, I know we used to have like, I'm not doing any names or anything, but there used to be somebody on the show that had, you know, spin off in his own YouTube show. I make, I know people that made money just trading the exact opposite of what this guy told people to do. So this is, this is, it's just nonsense. If people playing,

they can use tools that work in the traditional financial markets and then apply it to Bitcoin, they are lying. And I tell you, they're lying. And they're just after your money. So don't do that. Keep it simple. DCA your way to riches. And, you know, it's pretty guaranteed that this will be the most profitable strategy you can use. And it's also the easiest. And yeah, that

might might hurt a lot of those financial gurus. Personally, I think if you want to do, if you want Bitcoin to go up, don't just start trading and stuff. You can get something like bandards with Ellen Bits, you know, add value to the ecosystem. And by adding value to the ecosystem, Bitcoin will grow and the price will go up. And this is, this is not guaranteed.

But it's very, very educational. You learn a lot about the, you know, workings of the system. But at the same time, you can just DC way DCA your way in and don't, don't worry about those sets. They'll be there. As long as you don't keep them on as BFs. The other shit coin casinos out there. Just keep them on an offline wallet, like a ledger, there's

fancy new models or treasurer, which is tried and tested. And they forget about it. And look in ten years time. You'll thank us later. You know, that's the advice you need. And now we have the only tool from the legacy financial market that Martin trusts. The Bitcoin Magic 8 ball, the baldest and truest predictor of Bitcoin price. Oh, Ben Ark will the price be higher or

lower this time next week. Yeah, it's a lot of shit. Danny, fire or lower? Oh, Martin, higher or lower? I'm very bullish. It will be higher. The only way is up. I'm always bullish as well, but that doesn't necessarily mean anything good. Bitcoin ball with a price of Bitcoin be higher this time next week. It is certain. It is certain. The ball. Ball is positive. All

of this negativity is about the death cross. It's just gone away. I just feel so much better using the ball as my one true source of authority. Moving on to issue four Elon Musk faces growing anger over the Twitter ban of journalists. The suspensions which were criticized by the United States and European lawmakers could raise the regulatory heat on the social media platform and Elon Musk's

other companies. Just this week, Elon Musk's Elon Musk who said there would be freedom and humor and no more censorship on Twitter banned the kid that does the Elon jet account where he would follow around Elon's private jet. He then went to mastodon. Then Elon banned the journalists who linked to the guy's new account at mastodon. Yes, he's banning people for simply linking to things, which

has been many Supreme Court cases about Craigslist and other documents of if you can't see it. He can link to things and if linking is as bad as sharing for Elon, linking is as bad as sharing. He's quote unquote banning people that docs him. It got worse today as the journalist confronted him in Twitter spaces and explained to him that what he was now doing was

as bad as what he said they did to do a hunter Biden with his information, taking an offline that Elon had become the censorship monster that he tried to stop his response was to shut off Twitter spaces for the entire platform. Martin Wishmare the Elon Musk Twitter experiment just continues to grow. What do you think about this week's fun news story about Elon banning journalists, which

is literally censorship? I think it's the only shows that the world really needs a decentralized platform actually talking about decentralized platform. Ben, I don't know. Ben has a fiat job. They got like noster and they got jack's attention now. So I think this might just happen. I think next year we'll be tweeting announcements for this show on noster and no longer. On Twitter, but you know,

I just maybe it's wishful thinking, but I think because of what we've seen recently, Twitter needs to die. We have to kill the blue birds for this world to be a better place. I do feel like Elon's about trying to kill it himself. It might be the kind of thing where it's sold to Google or another company and people have to do a whole campaign with

their come back to Twitter. Twitter's changed. It's better now. We won't just turn off Twitter spaces because a billionaire gets upset. And Ben, I think it's a good thing to do. Ben, as Martin was saying, I was going to mention it, noster got funded according to this tweet. They got 14 Bitcoin from Jack, one of the original founders of the real Twitter in the old days,

good old Jack. And I can't find it, but somewhere back in my tweets, I sent tweets to Jack. And I was like, Hey, check out noster. It's what you're looking for, man. And I was like Chuck Barry and back to the future. So we called it here first. Ben, your projects are finally being noticed by big, important people. But you're still here, slumming it with us

on the show. Ben, what do you think about Elon Musk's Twitter Nightmare? And congratulations on noster. And if you want to mention, if you got Jeff and noster. Yeah. I mean, I can't take too much credit. So like early on in nostime, I made the noster Twitter. So it's like Twitter clone. And I was just showing, and to be honest, I mean, I spent like a

month or something. And it was pretty good. It was sort of 70% of the way there to being a Twitter or 80% of the way there to being a Twitter. And then, uh, Fidget thought that made Branoel. And I think someone's fought Branoel now. And actually, whatever it is now, I can't remember the name of it, the Twitter clone, which is on no start. It's very

good. Like, because when I did it, it had like public keys and private like we'd follow. You would, you would make a tweet. And then it would be signed with your private key. And then if someone was following your public key, then they would, um, there we get those tweets. That's just how noster works as a, as a data exchange system. Um, but, uh, now you

have like proper handles and stuff. And you can put media on there. And it's, it's really quite, quite good. Um, so I haven't really done anything with nostime. I mean, we have a bunch of nostime things. Being built for Alan bits, like we have the marketplace thing and the, the thing a bunch of other stuff. But it's still not finished yet. So we've just been working

on those in the background. But this is tremendous news because no star as an idea. So basically for those who don't know what it is. It's just client software. And then as the client is just using public key crypto, um, uh, natively. So, um, the clients, your client software, you have public key private key and you sign things and say, this is me signing those things.

Then other people couldn't subscribe to those things via public key. And you can mask that through, um, you know, so for people, it's just like handles and stuff and whatever else. But essentially that's how it works. And you can build a Twitter on it. You can build a telegram. You can do direct messaging. Um, I did the nipical. Nipstoster improvement proposals. I did the nip for

direct messaging because I wanted to be doing crypto messaging on my on the Twitter. The clone I made. And yeah, it's great. And I think that Jack was because they had the blue sky. An initiative where they were trying to do like a decentralized Twitter. But obviously he can put too much energy into that jack door. See because, you know, he ran Twitter and I'm sure

shareholders would get annoyed if he then built some sort of decentralized or support some sort of decentralized competitor, which is going to, you know, take their gravy. But now he's left the project. He's left now he's left Twitter. And now, um, Elon Musk is, you know, through his own megalomaniac and dictatorship. He's, he's now destroyed Twitter. I think Jack's like, well, you know, I can now

support these great projects and he's throwing some Bitcoin into the nostar ecosystem. And it's a decent chunk of Bitcoin, particularly now when we're so Bitcoin so low and, you know, speaking to fit Jeff about this. And I was just like, yeah, man, just selling those coins and just pay out some bounties for for projects here and there. And let the Bitcoin go up because that's going

to be worth a significant amount of money in a short period of time as we're all aware. But no, it's, it's really exciting. There's lots of great people working and excited by nostar. A whole bunch of Bitcoiners, you know, there's like Cucks from BTC. So it was very active. And there's just some great crypto people in there, you know, like a cryptographer crypto people. So this

is a crypto project as in cryptography. It's, it's great to see it blossom. It's great to see it getting support from Jack Dorsey. And it's also perfect timing because Elon Musk's argument and it's a fair argument is this is a private platform, which I own. So yeah, I can ban people. I can do whatever I want. It's like, okay, well, maybe it shouldn't be a private

platform. Maybe this is a, you know, say it's an internationally used commons for exchanging information. And maybe we need some sort of public protocol, some sort of free and open source protocol as opposed to it being under the control over one private company. And that's true of all social media, you know, like you're at their benevolence really like however, you know, whatever policies they want to

make whatever policies get pushed on them by, you know, their government or jurisdiction in which they're in. Like the reality is like all these things should be public commons and they should be, they shouldn't be controlled by anybody. This should be controlled by the community as a whole. And that's, that's one of our stars. It's a public protocol. You can build also cool things on it.

And you can contribute to it. And if you have ideas for different types of data, which you want to send around the system, then you can. contribute ideas for that and you can build things and clients and it's not hard to build on. There's a whole bunch of incredible libraries, which have been built. People are super test. And he built a great JavaScript library and then

there's. There's some great Python libraries as well. Some go library. So you can just bring in. You can just use these public relays to send data and forward data and pull data around. No star. So yeah, it's great. I speak to FHF. He's really worn out by XC's he's he's he's he was working pretty. Hard and now he's suddenly got this investment. I was asking those

questions and. So he's he's pretty tired, but I said, look, take your time with it and just. It's it's it's great to see the project getting getting getting getting some recognition from from Jack or see. And he also tweeted out about it as well as said, you know Bitcoin is this is something you should really take a look at, which is true because it's. Yeah, I

mean it's it's it's not a Bitcoin project, but it just very much appeals to the Bitcoin mindset. I think of using public key cryptography. Google. Google awesome. No star. There's a maintained. Repentance. And I think it's a good example of the problem with the problem of the problem of the problem. I think it's a good example with links to the protocol page. This is a great

protocol page, by the way, it's one of the best. Most while written or protocols. And then there's also links to projects which are being built on not a star like. Super Tassa built a telegram. I had the idea for the you busting and thinking made like a new thing as well on it. And there's a little bit of extra funding which now we have they could

they could you know replace some of those some of those systems. So yeah, if you if you want to find out more there's like a telegram group. No star underscore protocol. And there's also website that's at no star dot net. So, you know, it's like I'm still looking at how to find more information, but I'm really like trigger now. Awesome. It's a good place to start

awesome. That's good. Thank you. Thank you. Thank you. I believe in things as well. Well, Dan, it only took Elon Musk about a month to become the censorship monster that he hated. And again, look at this questionable action. He's scared away the advertisers. He's scared away some power users like Stephen Frye who again gave him free content. And now these journalists again who give him free

content for his website. He stopped them because they shared the public information about a public person, which has always been happening. All of these TMZ and the tabloids essentially Elon wants to be famous without the tabloids. He wants to own Twitter and make political statements without any fallout whatsoever. Dan, what do you think about Elon's amazing new Brave new Twitter? Well, it does seem like he's

he's kind of come in and he's like, oh, it's going to be free speech and you know jokes are all good and everything. And then he started censoring although there is it seems like there is perhaps a bit more to the story like apparently his his one of his kids was was was was the car was jumped on because their location was given away. And the

reason why Twitter Space think about the children think about the children. The children fix the internet for the children. But and also the the reason apparently the reason why he banned Twitter spaces is all a band it took it down is because the people that he banned suspend it because they used an old version of Periscope or something like that. And account that was just pre

version of Periscope. That's the they were able to join some people like Taylor Lorenz were able to join the Twitter spaces. Or was it one of the people there anyway. I was just because I thought I saw the the Elon jet account in the space. And I was very surprised to see Elon jet in the space. Yeah. So they got in a loophole. So although he

had a hissy fit and stormed off the reason why was because he had to speak to people that he banned and kind of be accountable for it by the sounds of it. So yes, not going very well for him. And this does reinforce the reason why you do need a decentralized Twitter. But the problem is, you know, there's we're going to be back to square one

where there's going to be completely unsensitled and some people think that be completely unsensitled. That was really bad. See, not this is what's great about Nostos is that there is censorship but it's self-sensorship. So it's like if you're in a town and there's some streets you don't go down because they're creepy or weird. And that's with Nostos. So like me, for example, with, you know, say

if I'm on my Nostos Twitter client, I'll only subscribe. I'll only use relays, which are vanilla relays and have some oversights. So if people post great stuff on there, then the the relay whoever runs the relay will then, you know, remove those those those accounts. Where is other people? Yeah, yeah, well, but it's it's our true. Yeah, but it's our true. So I don't want to

see like cartel. But if you want to see pictures of cartel people having the heads carved and there'll be someone running a relay where they're like, yeah, what anything goes on this relay, it's like you have the choice to go where you want to go and and that was originally with Diagon Ali, like the with the marketplace thing. It was like it's not there for models

because they're not looking for but if you're looking for it's there like it's it's and I think that's how it should be with censorship. It's it's people should say, I don't want my kids to go on, you know, Nostos Twitter and see if I can horrible things. But you can avoid that by just using relays which stop horrible things would be posted or you could even

have like verified accounts and things. So it's very powerful. But the censorship isn't happening. Those decisions aren't being made on your behalf by somebody else for ever reason for their own interest or for the interest of the jurisdiction there. And so it's it works really well as a as a way of still having some level of censorship. To choice. You want to want to take the

companies out of this because the company has to buy law. They're serving the content. They can't serving up these dead bodies or these horrible images. So they have to have some censorship. But if you have that thing where you're just subscribing to servers, it's you making the choice. And then it's an individual server issue. Yeah. And it doesn't like a good analogy. If you've gone also

you're just going to say this good analogy. If not going down the street, right? It's you're choosing you're choosing the places you want to go. The things you want to you want to see. And and it gives you it puts you back in in control. And the thing that that is difficult for all these platforms now is when they start censoring certain information, then, then, you

know, it puts them as publicists, right? They in certain countries, they become publicists. And therefore, they've got to adhere to other different rules. So it changes the ballgame completely. So at least this takes the owner's off of the platform and puts it in a decentralized manner. So you get the choice. And if you want to look at crazy stuff, then you can choose to look at

it. At least. Yeah. And then and then also. So you know, like, yeah, it's it's it's the street idea in the town is it's a it's any public space because in any public space, there is a like I'll go to a public space where I'm fairly, you know, I'm fairly certain that there's no dudes going to get his knob out and run round. And I'll be

in that public space. But this is a space where there's no dude running around with his knob out. But there are other public spaces where people might want to go where they want to see dudes running around with their knobs out. So all right. So I mean, it's it's the choice. Where the user wants to go, I suppose. And then if people are doing really horrible

things, then it's good up up to good old fashion, police work to then track those relays, the services down and stop them from operating. But it's it's it's it's a good system. Well, we're running out of time. Dan Eve, are you ready with a prediction or a story of the week. Go ahead. Yes. Okay. My story of the week. Okay. Okay. Well, I'm going to go

for two actually. I'm going to go for I reckon. Okay. So I'm going to add a little twist a twist to this, right? The the holds the I know that we've talked about it a lot. The SPF thing. But I think I think right. How can Alameda not be in trouble in a lot of trouble for what's going on. And surely one of the people from

someone from Alameda is going to be brought over the Coles and arrested. So I'm going for like I'm going for some legal action or some some some some is it Senate action or what is it? The Senate where they have to action against someone from Alameda because they have to be made accountable for for they clearly knew that FTX was sending them customer funds. So someone's

going to begin it. And my and my story of the week is so we will mess around with like, you know, I've been messing with me journey and character dot AI and now. So I've got the best thing for anyone who's in a sticky situation with the with the partner. I have been communicating almost exclusively with my girlfriend using poems written by open AI dot com.

So if it's like if it's a cup of a cup of tea, for example, I'll ask I'll ask this this this CGI CGI AI to write a poem about about requesting a cup of tea. And so I just give this is this is this is so carry my beautiful queen. You are the light that guides me. This is AI generated. I just said, ask, ask carry

to make me a cup of tea downstairs. And this is what you say carry my beautiful queen. You are the light that guides me. The love that fills my soul. The reason I am whole our sons Hudson and Theo bring joy to our lives each day with I said the names as well. I said with Hudson and Theo and the dogs. I know I can face

any challenge that comes my way as the night falls and the stars come out. I sit there thinking of all that we've been through and I filled with gratitude. I didn't ask for all of this soppy stuff, but put it in there. I'm filled with the gratitude for the love you give and the happiness that only you can provide. So my darling carry I humbly make

this request would you be so kind as to make me a cup of tea. And so which which brought a tear to our eye until I said that until I said that a robot wrote it. But if you if you're in the doghouse, just use this AI just write a poem and and and just such as you give it a sentence, everything, whether whether writing a

like asking for something, whether it's a cup of tea or just you know just trying to get some brownie points, but yeah, just use AI it's incredible chat. Open AI dot com. You can use it for all your tech support emails and all your interactions in the world. It literally does it. It does it. We even did it so for for for for work. It's right

in email to customers explaining this that and the other and it wrote the email. It literally wrote the email. You don't even have to think about stuff anymore. It's absolutely incredible. Open or open AI chatbot is totally amazing. We've been talking about it word. It's it's it's quite shocking. It can write website content better than I can write it. So I think we're all out of

job in in just a few years time. It will take our images and we'll just produce a podcast talking about Bitcoin and we will not be here. All be AI. So yeah, that's I fear the future. But story of the week. I think I really mentioned it before in previous episode that we launched a GM the gen mega conversion kit. So if you own a Genesis

coin ATM, you can just like get the conversion kit, which is a pride yellow box. And then switch it to our software, but I'm happy to announce that we've sold over 500 in just a few few weeks time. So I'm like a ma said this happens. Maybe it helps that our clients like safe like 75% on any fee. So yeah, it's probably money as well. But

I'm just totally amazed. I want to do thank all of them. If they're listening that, you know, thank you for your trust. We will continue to make stuff like more amazing. But it's our clients that just made it happen. So I'm like blown away by it. So yeah, that was my story of the week. That's awesome. Martina. That's a program where old Bitcoin ATM's there no

longer being supported can get. There's still there's still being sold and there's still being supported. It's just from a competing brand and they're no longer making any features. They're basically telling the customers to pay up and shut up. And that's not not a good way to treat your customers. So the customers came to us and asked us like if we can make a little mod kit,

which they install in the in their ATMs and then do a sort of like brain surgery on the ATM. So from that moment on, it becomes a general bites ATM as opposed to gen mega key. So yeah, if they don't like it, they can still like take it out again and I conferred it back to the old original thing. But I don't think any one of

them will do that. So yeah, that's it's it brings this breed new life into your existing old or not so old ATM but you know, competing brands basically. It's so it's so cypherpon can so key key. So second level, but I'm so excited that people found it and that 500 at least have already upgraded and going to upgrade. Ben, ARC prediction or a story of the

week, go ahead. That's an incredible amount of number of adoption in just the first week. Isn't it? It's really spectacular. Particularly if they're I mean these are people who are going to be in your your mailing list because they have 80 hours of the different company. But yeah, that's really impressive. On the on the AI stuff, like I just think 2023 is going to be. The

year where we realized we're completely inferior this year we had a couple of goofy examples like we've got this open I think we can make poems and emails and stuff. We've had the great art. Barts as well, but because of the exponential nature of all of it, I think next year is the year when we realized we're we're completely not so inferior. And and I don't

know whether it's going to put us because you know. We want the idea that we can be greater something and then if there's this thing which could be much better than us just with a few clicks. I think the novelty may wear off and I think our sense of self is going to be. Fairly low. I don't know why it puts human beings but maybe go

just you know the world in which we live in currently isn't it but. So that's it really just 2023 is going to be year of humans feeling bad about themselves or low a bit down in the dumps because. They realize that just palace monkeys like. Hammering on keyboards trying to produce interesting things in computers can do much better than us. No bad not so negative we

can be drunk all day we can do that daytime drinking not feel responsible. I'm waiting yeah we can be like the ancient Greeks we just are eating grapes and stuff and yeah but but the the. We'll have drones feeding us grapes like the cherubs. It's different to the ancient Greeks because the ancient Greeks like they had. They they were an educated slaves who were doing all

the work was we're not going to have an educated slaves doing all the work we're going to have. Things we should much brighter than us doing the productive things and we're just going to be like. You slits you know we're not. Well and. You can't change the uneducated slaves into those people that sit on the cushions reading the books like they're not going to be in.

They're not interested in the same things they have different attitudes and like men says if there's not any satisfaction there's not any competition there's not any. But we're not yeah we're not we're not we're not like we still that we're not. Partly by the. They're. They're coming up with democracy and science is like we can come up with all these great things because we're humans and

we're the educated ones you know we're the ones who who have the privilege to be able to be educated whereas these are the people aren't there the ones who are the slaves so we must not quite as the same as like a. The people who work is different to when the robots do it so I don't know why this puts humans in the sense of self.

Very sad very sad anyway. It happens so quickly because for a couple of minutes there I was really excited about Martins AI plan because I thought that AI would be too expensive they'd only make like Frank Sinatra and John Wayne a. I's right and they're not going to make a Thomas hunt one but now I'm seeing that they would make a Thomas hunt one they would

have enough sample size from the world crypto network and so forth that they could make one and for a minute they're always excited like you said I didn't have to do the show show works on autopilot and then just a couple seconds later I started to realize then they could make me say all kinds of horrible things and I'd be up here saying fart and poop

and they would just say oh look Thomas hunt push the buttons say horrible things so there goes that dream and it just that quickly and and that's just the beginning of it like then they could cut me in with Sinatra and we could both say horrible things I don't know it's just awful so. Oh well so much for that AI future next week we're going to

come back with the end of the year spectacular we're going to predict all the categories I want to give a shout out this week to author and CEO Justin rhetoric who went from behind bars to teaching about Bitcoin at JZ's Bitcoin Academy shout out to Bitcoin vegan he was one of the big supporters in the black Bitcoin billionaires group that was founded in part by my

friend Lamar so shout out to Lamar and all the black Bitcoin billionaires it's a really cool story he started out not really knowing much about Bitcoin but he wrote a book about it and he teaches kids and adults at JZ's programs in the projects and so forth and it's just it's great to see how anyone can get in a Bitcoin become an expert go out there

and spread the word and just really inspiring story from Yahoo news and great stuff from the black Bitcoin billionaires always a fan of that group so thanks so much for everybody for joining us be sure to give us a thumbs up down below and until next time bye bye.