1
00:00:08,700 --> 00:00:10,900
Yeah, welcome to send Bitcoin 
live your number one source for 

2
00:00:10,900 --> 00:00:12,700
the peaceful Bitcoin revolution 
occurred. 

3
00:00:12,700 --> 00:00:13,800
Breaking news culture medic 
Warfare. 

4
00:00:13,800 --> 00:00:16,700
We will be your guide through 
the separation of money and 

5
00:00:16,700 --> 00:00:19,600
state. 
Anyways it's a funny news day. 

6
00:00:19,600 --> 00:00:27,100
It's a funny news day Greenpeace
pays for a piece of art, then 

7
00:00:27,100 --> 00:00:29,100
ends up becoming this do piece 
of art. 

8
00:00:29,100 --> 00:00:33,200
This dope piece of Bitcoin art. 
This is green skull with like 

9
00:00:33,200 --> 00:00:36,700
laser eyes coming out. 
Like I have no idea what they're

10
00:00:36,700 --> 00:00:40,800
thinking but look. 
The I don't think you could make

11
00:00:40,800 --> 00:00:45,900
a negative piece of art on 
bitcoin, like that piece of art,

12
00:00:45,900 --> 00:00:48,700
only makes sense. 
If you buy into the false 

13
00:00:48,700 --> 00:00:51,500
narratives of which are 
propagating, right? 

14
00:00:51,500 --> 00:00:54,000
You know, like that's the only 
way, it makes sense, right? 

15
00:00:54,400 --> 00:00:56,000
We always say this about memes, 
right? 

16
00:00:57,200 --> 00:01:01,400
The only reason that you find 
me, the only reason that memes 

17
00:01:01,400 --> 00:01:04,599
are so effective, is because 
they have a common denominator 

18
00:01:04,599 --> 00:01:06,100
in the common denominators 
truth. 

19
00:01:06,100 --> 00:01:10,500
So that means that They spread 
like, like wildfire because 

20
00:01:10,500 --> 00:01:13,100
people understand what those 
images are trying to tell them. 

21
00:01:13,400 --> 00:01:19,700
Now when you have a piece of art
that that only a subset of very 

22
00:01:19,700 --> 00:01:22,700
small subset of people truly 
understand. 

23
00:01:24,200 --> 00:01:28,700
Then, you know, then you find 
yourselves in these types of 

24
00:01:28,700 --> 00:01:32,700
situations memes are not funny. 
Unless they're true, right? 

25
00:01:32,700 --> 00:01:34,900
That's the common denominator, 
and we always say this right? 

26
00:01:34,900 --> 00:01:37,600
Bitcoin is the truth. 
Anyways, we're gonna get through

27
00:01:37,600 --> 00:01:39,900
all that That. 
But we also have very, very 

28
00:01:39,900 --> 00:01:42,000
special guest. 
Today, our friends over at 

29
00:01:42,000 --> 00:01:45,400
Luxor, have joined us. 
We have the man, the myth, the 

30
00:01:45,400 --> 00:01:48,500
legend, Nick himself, CEO of 
Luxor. 

31
00:01:48,500 --> 00:01:50,600
Thanks for joining us today. 
Are you doing, bro? 

32
00:01:51,500 --> 00:01:54,800
Doing really well, just got back
from a quick overnight trip. 

33
00:01:54,800 --> 00:01:57,600
To Vegas. 
Wives were incredibly High 

34
00:01:57,600 --> 00:01:59,800
there, as well, just like 
everywhere. 

35
00:01:59,800 --> 00:02:05,000
So, out here ready to get back 
at back at the desk and and kick

36
00:02:05,000 --> 00:02:07,700
it off with some really 
interesting talk about this run.

37
00:02:07,900 --> 00:02:09,900
We've got some really 
interesting stuff related to 

38
00:02:09,900 --> 00:02:13,000
have straight FS price is coming
up - get a little bit relieved, 

39
00:02:13,000 --> 00:02:15,500
so much about it. 
Absolutely. 

40
00:02:15,500 --> 00:02:20,400
And of course, another member of
Matt, another member of Matt, 

41
00:02:20,400 --> 00:02:23,100
another member of Luxor. 
Matt, how you doing? 

42
00:02:23,100 --> 00:02:25,400
Thanks for joining us today. 
I'm doing well today, I have 

43
00:02:25,400 --> 00:02:27,600
yourself appreciate you joining 
us. 

44
00:02:27,600 --> 00:02:28,600
I'm going to meet you Mike for a
sec. 

45
00:02:28,600 --> 00:02:31,300
You got a bit of background 
noise but well I'll meet you in 

46
00:02:31,300 --> 00:02:34,100
a sec anyways and I want to 
bring my legendary co-host. 

47
00:02:34,100 --> 00:02:37,700
Always optimistic Opti, did you 
wake up with a smile on your 

48
00:02:37,800 --> 00:02:41,700
Face this morning, you know, 
without spreading fake news. 

49
00:02:41,700 --> 00:02:44,200
I woke up pretty grumpy this 
morning, but it just took me 

50
00:02:44,200 --> 00:02:47,700
about an hour to, you know, get 
into The Vibes. 

51
00:02:48,100 --> 00:02:50,200
I'm the worst. 
When I was waking up, is the 

52
00:02:50,200 --> 00:02:52,400
worst part about the day? 
I'm not gonna lie. 

53
00:02:53,500 --> 00:02:57,700
What a shame, what a shame. 
Anyways, everybody, we have a 

54
00:02:57,700 --> 00:02:59,200
lot to talk about. 
I'm so excited. 

55
00:02:59,200 --> 00:03:01,900
We have the video from 
Greenpeace and of course, we're 

56
00:03:01,900 --> 00:03:04,600
going to talk about with their 
friends over at Luxor, is they 

57
00:03:04,600 --> 00:03:08,500
just released the Luxor firmware
for a Miners. 

58
00:03:08,500 --> 00:03:11,200
That's freaking awesome. 
So we're going to dive into all 

59
00:03:11,200 --> 00:03:14,100
the details of that Nick and 
Matt have all the sauce. 

60
00:03:14,100 --> 00:03:16,000
Anyways everybody let's get two 
numbers. 

61
00:03:16,000 --> 00:03:21,900
Let's do this. 
The Bitcoin members brought to 

62
00:03:21,900 --> 00:03:24,900
you by not all at this point, 
you should be running your own 

63
00:03:24,900 --> 00:03:26,700
Bitcoin note. 
If you don't use your own 

64
00:03:26,700 --> 00:03:29,900
Bitcoin node, you're trusting 
someone else's run your own 

65
00:03:29,900 --> 00:03:32,100
version of Bitcoin core. 
The lightning Network, 

66
00:03:32,100 --> 00:03:36,100
whirlpool, and Dojo all from the
comfort of your own home. 

67
00:03:36,300 --> 00:03:39,400
And if your digital Nomad, you 
have absolutely no excuse 

68
00:03:39,400 --> 00:03:42,200
because now you can run a novel 
through a virtual private 

69
00:03:42,200 --> 00:03:44,500
server. 
Visit noddle Dottie you today. 

70
00:03:45,100 --> 00:03:47,300
All right, everybody else want 
to tell you about the biggest 

71
00:03:47,300 --> 00:03:51,300
Bitcoin conference on the face. 
Face of the planet Bitcoin 

72
00:03:51,300 --> 00:03:53,800
20:23. 
It's going to be hosted in sunny

73
00:03:53,800 --> 00:03:57,800
sunny, Miami Beach. 
Florida, May 18th through the 

74
00:03:57,800 --> 00:04:00,300
20th. 2023, good news for you 
guys. 

75
00:04:00,300 --> 00:04:03,600
You can use the promo code 
simply to get yourself a big 

76
00:04:03,600 --> 00:04:05,700
discount on the tickets. 
It's go through some of the 

77
00:04:05,708 --> 00:04:07,600
speaker list. 
Michael Lewis, Arthur, Hays. 

78
00:04:07,600 --> 00:04:10,600
Michael Sailor, Jack mahler's, 
Alex gladstein, Stacy, Herbert 

79
00:04:10,600 --> 00:04:13,500
mad, Odell, Lynn, Alden, and 
many, many more. 

80
00:04:13,500 --> 00:04:16,899
Again, you could use promo code 
simply to get yourself a big 

81
00:04:16,899 --> 00:04:22,400
discount to bitcoin. 20:23. 
Anyways, let's let's pull up the

82
00:04:22,408 --> 00:04:23,900
numbers at the time of 
recording. 

83
00:04:23,900 --> 00:04:25,700
The Bitcoin price is twenty 
eight thousand. 

84
00:04:25,700 --> 00:04:31,800
Five sites per dollar, 3570 
block, height 780, 2332 

85
00:04:31,800 --> 00:04:38,500
reachable, Bitcoin node, 17,400 
21 blocks to having 57600 68 

86
00:04:38,700 --> 00:04:41,100
having estimates April. 
Twenty twenty twenty four Total 

87
00:04:41,100 --> 00:04:47,800
light network capacity, 5300 
5400, 35 capacity value 152 

88
00:04:47,800 --> 00:04:51,500
million, u.s. dollars real Sighs
monetary inflation 1.76 percent 

89
00:04:51,500 --> 00:04:56,300
and the market capitalization 
541 billion u.s. dollars, 

90
00:04:57,200 --> 00:04:59,800
anyways. 
Everybody I have a video for for

91
00:04:59,800 --> 00:05:02,300
us today. 
Here's the legendary Gigi. 

92
00:05:03,200 --> 00:05:06,700
And he goes on to say, why is 
there still poverty? 

93
00:05:06,700 --> 00:05:09,700
And let's, let's check out the 
video and then we'll Riff on it.

94
00:05:09,700 --> 00:05:15,600
Let's check it out. 
It is just very important in 

95
00:05:15,600 --> 00:05:20,000
these replies to people like 
Krugman that we don't get 

96
00:05:20,000 --> 00:05:23,400
involved in technical details, 
but ask them questions almost 

97
00:05:23,400 --> 00:05:30,600
like a child explain to me how 
the increase in paper pieces. 

98
00:05:30,800 --> 00:05:35,500
Can possibly make a society 
richer if that was a case, 

99
00:05:35,500 --> 00:05:40,800
explain to me why is there still
poverty in the world isn't every

100
00:05:40,800 --> 00:05:43,900
Central Bank? 
The world capable of printing as

101
00:05:43,900 --> 00:05:49,000
much paper as they want and do 
you then sink, the society, the 

102
00:05:49,000 --> 00:05:51,100
world, as a whole would be a 
richer. 

103
00:05:51,200 --> 00:05:54,800
I'm sure the guy cannot answer. 
This type of question, nobody 

104
00:05:54,800 --> 00:06:00,000
can answer this type of 
question, but again, we get far 

105
00:06:00,000 --> 00:06:05,300
too much bogged down in 
answering technical details of 

106
00:06:05,300 --> 00:06:08,400
his argument. 
Instead of always repeating this

107
00:06:08,400 --> 00:06:12,400
question, please explain to me 
how a piece of paper A can make 

108
00:06:12,400 --> 00:06:18,100
Society or culture. 
I mean, a lot of Truth, lot of 

109
00:06:18,100 --> 00:06:19,600
Truth in that lot of Truth in 
that. 

110
00:06:19,600 --> 00:06:22,700
Anyways, I feel like this is up 
your alley Opti because this is 

111
00:06:22,700 --> 00:06:28,500
a, some what do you call it? 
Like, pure Austrian economics. 

112
00:06:28,500 --> 00:06:29,400
Right here. 
Yeah. 

113
00:06:29,400 --> 00:06:33,300
Like some philosophical type of 
well, I am not. 

114
00:06:33,300 --> 00:06:36,000
I am definitely taking it a 
little philosophical here 

115
00:06:36,000 --> 00:06:39,600
because it did remind me of a 
tweet or actually more like a 

116
00:06:39,608 --> 00:06:44,100
mantra that / violin talks about
all the time, Austrian Economist

117
00:06:44,100 --> 00:06:46,000
on Twitter that I highly 
recommend everyone go. 

118
00:06:46,200 --> 00:06:49,900
Those and follows. 
And he just beats the drum of 

119
00:06:49,900 --> 00:06:53,400
the idea of like poverty is our 
starting point. 

120
00:06:53,400 --> 00:06:56,800
And the only way that we build 
Prosperity is literally by 

121
00:06:56,800 --> 00:06:58,800
building it. 
Like, this is what capitalism 

122
00:06:58,800 --> 00:07:01,000
allows for us is providing 
value. 

123
00:07:01,000 --> 00:07:03,800
Providing products to the market
creating Innovations new 

124
00:07:03,800 --> 00:07:08,500
technologies to make us richer. 
And as we know as bitcoiners 

125
00:07:08,500 --> 00:07:11,400
considering how much money has 
been bird, how much money 

126
00:07:11,400 --> 00:07:14,700
they've created, literally by 
the click of a button making 

127
00:07:14,700 --> 00:07:16,800
more paper. 
Money does not Not make us 

128
00:07:16,800 --> 00:07:21,300
richer and the Keynesian is out.
There are huffing way too many 

129
00:07:21,300 --> 00:07:24,900
farts because if they think just
making more money is going to 

130
00:07:24,908 --> 00:07:27,400
make more paper is going to make
us richer. 

131
00:07:28,100 --> 00:07:31,900
They are holy confused and it's 
really disheartening how many 

132
00:07:31,900 --> 00:07:35,300
economists out there on 
mainstream media corporate press

133
00:07:35,300 --> 00:07:40,100
and all this still believe in 
the LIE of Keynesian economics. 

134
00:07:40,100 --> 00:07:45,100
Like we understand as Austrian 
economists over here that people

135
00:07:45,100 --> 00:07:47,500
need to put in work. 
People need to create things. 

136
00:07:47,500 --> 00:07:51,400
There's no other way than 
actually building stuff for us 

137
00:07:51,400 --> 00:07:55,000
to get out of poverty and just 
printing more money is not how 

138
00:07:55,000 --> 00:07:58,000
we make the world more 
prosperous. 

139
00:07:58,000 --> 00:08:01,900
I mean, as we've seen the 
Boomers out there again no hate 

140
00:08:01,900 --> 00:08:05,300
to the Boomers but they 
literally stole the future by 

141
00:08:05,300 --> 00:08:08,400
printing more debt than we could
ever possibly pay. 

142
00:08:08,400 --> 00:08:11,200
And yet, they are going to 
continue to double down on the 

143
00:08:11,200 --> 00:08:14,200
idea that they can print more 
money and steal from the future 

144
00:08:14,200 --> 00:08:17,400
to provide to today. 
And it's just, it's wholly 

145
00:08:17,400 --> 00:08:20,400
mistaken. 
And again, you know, poverty is 

146
00:08:20,400 --> 00:08:23,100
the starting point and it's up 
to you guys out there as the 

147
00:08:23,100 --> 00:08:27,100
Bitcoin entrepreneurs to build 
the things we need to provide a 

148
00:08:27,100 --> 00:08:29,600
better future. 
We need to actually create 

149
00:08:29,600 --> 00:08:33,000
value, not just create more debt
and more paper, because this 

150
00:08:33,000 --> 00:08:36,400
makes us more poor. 
And again, to the point in the 

151
00:08:36,408 --> 00:08:40,500
video, If creating more paper 
money was the route to 

152
00:08:40,500 --> 00:08:46,000
Prosperity, then why do we still
see unimaginable pain? 

153
00:08:46,200 --> 00:08:49,800
Around the world. 
It's almost like a small group 

154
00:08:49,800 --> 00:08:52,900
of people are stealing the 
resources and wealth of the 

155
00:08:52,900 --> 00:08:56,800
world and transferring it and 
distributing distributing it 

156
00:08:56,800 --> 00:08:59,700
between themselves. 
Things that make you say. 

157
00:08:59,700 --> 00:09:02,200
Hmm. 
Anyways Mega I'll get off my 

158
00:09:02,200 --> 00:09:06,100
soapbox and man I knew so I knew
that one was Opti. 

159
00:09:06,100 --> 00:09:08,200
I knew that was uh popped. 
He's a lie. 

160
00:09:08,200 --> 00:09:09,900
Like I had a feeling. 
I'm like yep. 

161
00:09:09,900 --> 00:09:14,700
Yep this this one's a this one's
an alley-oop for Ali 44 up to 

162
00:09:14,700 --> 00:09:16,900
you anyways. 
Yeah man. 

163
00:09:16,900 --> 00:09:21,800
Look, it's so absurd, but again,
you live in a world where, you 

164
00:09:21,800 --> 00:09:24,100
know, we it's specifically 
politicians, right? 

165
00:09:24,100 --> 00:09:27,300
Like the central Bankers are the
enablers but politicians, like 

166
00:09:27,300 --> 00:09:30,700
you're like, look you know, free
all these free things. 

167
00:09:30,900 --> 00:09:32,600
Everything's okay, everything's 
kubal. 

168
00:09:32,600 --> 00:09:33,800
Yeah. 
You know, we could print the 

169
00:09:33,800 --> 00:09:36,800
money to pay for things. 
What's never talked about are 

170
00:09:36,800 --> 00:09:39,800
the unintended consequences of 
many of money printing. 

171
00:09:39,900 --> 00:09:42,900
We always say it on the show. 
It's a wealth redistribution 

172
00:09:42,900 --> 00:09:45,500
mechanism from the lower and 
middle classes that do not have.

173
00:09:45,500 --> 00:09:49,400
The means to Save and assets to 
back to the very, very wealthy 

174
00:09:49,400 --> 00:09:52,600
that cantillon are classic. 
We always say or, you know, back

175
00:09:52,600 --> 00:09:55,000
to the government really rights 
never talked about. 

176
00:09:55,100 --> 00:09:56,200
But anyways, that's why we're 
here. 

177
00:09:56,200 --> 00:09:58,300
That's what the peaceful 
Revolution is all about. 

178
00:09:58,500 --> 00:10:02,300
So you opt out into Bitcoin, you
put your time, your work, your 

179
00:10:02,300 --> 00:10:05,600
energy, your savings into 
something that truly values your

180
00:10:05,600 --> 00:10:07,500
work and of course, that thing 
is Bitcoin. 

181
00:10:07,700 --> 00:10:10,300
Anyways, I'm going to pass it on
to Nick Nick. 

182
00:10:10,300 --> 00:10:11,600
What are your thoughts on that 
video, bro? 

183
00:10:13,900 --> 00:10:17,600
You muted my friend. 
Try to be a good streamer always

184
00:10:17,600 --> 00:10:22,100
nude in between, but yet. 
No, I think the ultimately comes

185
00:10:22,100 --> 00:10:27,600
down to, you know, the the value
of sent the value of sound money

186
00:10:27,600 --> 00:10:30,300
for me like that. 
I do think that, you know, 

187
00:10:30,300 --> 00:10:32,600
they're effectively stealing 
future Generations. 

188
00:10:32,600 --> 00:10:36,000
Well, through what their, you 
know, the the policy that 

189
00:10:36,000 --> 00:10:38,900
they're implementing and they're
in such a tough spot right now 

190
00:10:38,900 --> 00:10:42,100
because what, we know, the 
reason, the market was so 

191
00:10:42,100 --> 00:10:45,500
bearish, after the, the rate 
hike was that right? 

192
00:10:45,700 --> 00:10:47,800
Now what we're pricing in is 
more Banks failing. 

193
00:10:48,100 --> 00:10:49,700
They're going to be more Banks 
to fail. 

194
00:10:49,700 --> 00:10:52,100
There aren't like there are 
several that are already on the 

195
00:10:52,108 --> 00:10:56,500
brink, increasing rates causes 
them to have, even more pressure

196
00:10:57,200 --> 00:11:00,000
and its really liquidity 
pressure like, for example, 

197
00:11:00,000 --> 00:11:04,200
Silicon Valley is not it, it's 
not insolvent itzel, it was a 

198
00:11:04,200 --> 00:11:09,600
liquid, they had all of their 
money tied up in short, ish term

199
00:11:10,000 --> 00:11:12,700
bonds, things like that, which, 
which do pay interest. 

200
00:11:12,700 --> 00:11:16,100
But unfortunately, when the bank
runs started on, so Secondly, 

201
00:11:16,100 --> 00:11:18,600
bank they realized that there 
was not enough cash for them to 

202
00:11:18,600 --> 00:11:21,500
pull that out and so these 
increasing rates definitely 

203
00:11:21,500 --> 00:11:25,500
cause more Banks to start to 
approach failure. 

204
00:11:25,800 --> 00:11:28,300
And so right now the like 
there's I don't know what the 

205
00:11:28,300 --> 00:11:30,700
outcome is ultimately going to 
because if you don't, if you 

206
00:11:30,700 --> 00:11:32,900
don't raise rates, inflation 
continues to run. 

207
00:11:33,400 --> 00:11:36,600
If you raise rates Banks start 
to fail, all of these things are

208
00:11:36,600 --> 00:11:38,700
bad. 
And I don't know what. 

209
00:11:38,700 --> 00:11:41,600
I don't really know what the 
what the options are other than 

210
00:11:41,600 --> 00:11:44,900
just a complete opt out, which 
is why I'm such I'm so so 

211
00:11:44,900 --> 00:11:48,700
bullish pick Coin and I just 
sit, I sit in Bitcoin and don't 

212
00:11:48,700 --> 00:11:51,200
have to worry about it, kick it 
over to Matt, maybe he's got 

213
00:11:51,200 --> 00:11:53,800
some thoughts on that as well. 
Matt, what's your take? 

214
00:11:53,800 --> 00:11:56,400
Bro, I think you've got me 
muted. 

215
00:11:56,400 --> 00:11:57,700
Still? 
No, I muted you. 

216
00:11:58,000 --> 00:12:00,700
Okay, oh, the whole thing went 
away. 

217
00:12:00,800 --> 00:12:03,900
No, I mean, I'm right there with
you, like I was a little bit 

218
00:12:03,900 --> 00:12:06,400
negligent and having some funds 
on an exchange, but like, when 

219
00:12:06,400 --> 00:12:10,300
the the Run started happening 
that's Sunday before, or after 

220
00:12:10,900 --> 00:12:13,200
SVU, starting to go down, I just
like, nope. 

221
00:12:13,200 --> 00:12:15,000
You got to go sit down, spend a 
couple hours. 

222
00:12:15,000 --> 00:12:17,500
Make sure all my Private keys or
where they say, they're supposed

223
00:12:17,500 --> 00:12:20,700
to be seed phrases, the warden 
just salt started. 

224
00:12:20,700 --> 00:12:23,900
Hauling it off. 
And it's definitely a comforting

225
00:12:23,900 --> 00:12:26,400
feeling to know that I like, 
hey, I've got a, I've got a nest

226
00:12:26,400 --> 00:12:29,200
egg that I can just kind of step
away with and, and take care of 

227
00:12:29,200 --> 00:12:31,800
things if I need to. 
So, yeah, I mean, ultimately, 

228
00:12:32,400 --> 00:12:35,400
that's what drew me into 
Bitcoin, like I'm a relatively 

229
00:12:35,400 --> 00:12:38,000
new adopter, but I've gone in 
pretty hard on it. 

230
00:12:38,000 --> 00:12:40,500
So like they started printing 
stimulus checks. 

231
00:12:40,500 --> 00:12:41,800
It's like, where's this going to
come from? 

232
00:12:41,800 --> 00:12:43,400
Exactly? 
I don't know that this makes a 

233
00:12:43,408 --> 00:12:46,800
lot of sense long-term and it 
just kind of Drew out and more 

234
00:12:46,800 --> 00:12:49,000
and more evidence came out about
that. 

235
00:12:49,800 --> 00:12:52,300
Yeah, this isn't going to stop 
or turn around any time soon. 

236
00:12:52,300 --> 00:12:56,700
So I better start developing 
some plans for the future 100% 

237
00:12:56,700 --> 00:12:59,200
100% and that's what people 
really don't, you know? 

238
00:12:59,200 --> 00:13:01,000
Like they don't really realize 
that, right? 

239
00:13:01,000 --> 00:13:03,300
And that's like kind of the 
tragedy of like the this time 

240
00:13:03,300 --> 00:13:05,900
each X where it's like, oh, you 
know, I'm getting this free 

241
00:13:05,900 --> 00:13:09,200
money from the government but 
they don't really realize like 

242
00:13:09,200 --> 00:13:12,200
that money ain't free. 
You know, they have to print it 

243
00:13:12,200 --> 00:13:15,500
and when they print it, it's 
basically stealing stealing from

244
00:13:15,600 --> 00:13:18,300
People's, you know from people's
work right? 

245
00:13:18,500 --> 00:13:21,800
So anyways it's very interesting
I really enjoyed that that bit 

246
00:13:21,800 --> 00:13:24,500
video is enlightening. 
Anyways everybody let's get to 

247
00:13:24,500 --> 00:13:25,600
news. 
We got a lot to talk about. 

248
00:13:25,600 --> 00:13:32,000
Let's check it out. 
The Daily News, The Daily News 

249
00:13:32,000 --> 00:13:33,700
is brought to you by block 
stream. 

250
00:13:33,700 --> 00:13:36,300
Jade built by bitcoiners for 
bitcoiners. 

251
00:13:36,300 --> 00:13:39,300
It's an open-source Hardware 
wallet for the cold storage of 

252
00:13:39,300 --> 00:13:41,500
Bitcoin. 
Check out the brand new limited 

253
00:13:41,500 --> 00:13:44,100
edition color. 
The transparent Green, Jade 

254
00:13:44,100 --> 00:13:47,000
block stream, Jade houses, a 
full color camera. 

255
00:13:47,000 --> 00:13:50,000
Allowing for fully air gap, 
Bitcoin, transactions, scan and 

256
00:13:50,000 --> 00:13:52,700
display, QR codes, directly on 
the device assigned, 

257
00:13:52,700 --> 00:13:54,600
transactions and verify 
addresses. 

258
00:13:54,600 --> 00:13:56,500
With ease, use your block 
streamed. 

259
00:13:56,600 --> 00:13:59,100
With your favorite wallet 
software such as blog, stream, 

260
00:13:59,100 --> 00:14:03,200
green, blue wallet, electrum 
Sparrow, get yourself a Blog 

261
00:14:03,200 --> 00:14:08,100
stream Jay today and take self 
custody of your Bitcoin boom 

262
00:14:08,100 --> 00:14:10,500
boom you add. 
Anyways that was that was a 

263
00:14:10,508 --> 00:14:12,100
tough one. 
That was a tough one because the

264
00:14:12,100 --> 00:14:15,200
Jade is the Jade is green, so it
matched with the green screen. 

265
00:14:15,600 --> 00:14:18,000
Anyways. 
So I had to use some purple 

266
00:14:18,000 --> 00:14:19,800
lights instead. 
Anyways, everybody. 

267
00:14:19,800 --> 00:14:21,900
So this is a big, this is the 
Big Kahuna is the big news for 

268
00:14:21,900 --> 00:14:26,200
today Greenpeace Fudd, backfires
funds, badass, Bitcoin artwork, 

269
00:14:27,000 --> 00:14:31,400
Oh man, these are the shadowy 
super quarters, I guess anyways,

270
00:14:31,700 --> 00:14:35,200
to me personally maybe as a bit 
corner, I think that looks dope.

271
00:14:36,000 --> 00:14:39,400
You know, maybe I wouldn't have 
it my house but like I think it 

272
00:14:39,400 --> 00:14:41,400
looks clean anyways. 
And the latest move of the 

273
00:14:41,408 --> 00:14:44,700
campaign, the activists revealed
an 11 foot statue called Satoshi

274
00:14:44,700 --> 00:14:48,900
skull took over 1,000 hours of 
human work to make the artwork 

275
00:14:48,900 --> 00:14:52,300
was designed by artist Von Wong 
and here's another one. 

276
00:14:52,800 --> 00:14:55,600
According to the artist website,
the skull is meant to expose 

277
00:14:55,600 --> 00:14:58,000
Bitcoins. 
Impact on climate change. 

278
00:14:58,000 --> 00:15:01,200
Nevertheless, many Bitcoin plebs
have come to actually admire the

279
00:15:01,200 --> 00:15:04,400
artwork, some calling it, the 
most metal Bitcoin artwork to 

280
00:15:04,400 --> 00:15:06,100
date. 
Right? 

281
00:15:06,100 --> 00:15:10,200
Goes on to say, here's level 39.
Just going to put it out there, 

282
00:15:10,200 --> 00:15:13,900
put this out there, the Vaughn 
want the Von Wong is a is a 

283
00:15:13,900 --> 00:15:16,700
pretty cool dude. 
Which just an artist hired by a 

284
00:15:16,700 --> 00:15:19,300
corrupt organization, what was 
the corrupt organization Peta 

285
00:15:19,400 --> 00:15:22,200
Greenpeace? 
The truth is that he's actually 

286
00:15:22,200 --> 00:15:25,000
interested in Bitcoin and 
honestly, the artwork is pretty 

287
00:15:25,000 --> 00:15:27,900
awesome and who hired Greenpeace
He knows the guys behind Ripple,

288
00:15:27,900 --> 00:15:30,600
right? 
So anyways, beater McCormack 

289
00:15:30,600 --> 00:15:34,000
says, is the green screen? 
Peace goal for sale David? 

290
00:15:34,000 --> 00:15:37,400
Bailey is it possible to get the
skull of satoshi's the Bitcoin 

291
00:15:37,400 --> 00:15:40,800
conference here and vkc of coin?
Kite does anyone know the 

292
00:15:40,800 --> 00:15:44,100
license of the artwork? 
The skull artwork and BT 

293
00:15:44,100 --> 00:15:46,100
sessions. 
As I want the laser eyed Bitcoin

294
00:15:46,100 --> 00:15:50,900
skull and a shirt anyways, Von 
Wong the artist replies. 

295
00:15:50,900 --> 00:15:52,900
I really expect to find 
constructive conversation on the

296
00:15:52,900 --> 00:15:56,800
internet but the DMS have been 
worth the heat learning a lot 

297
00:15:56,800 --> 00:16:00,100
from level 39. 
I don't think they had like I 

298
00:16:00,100 --> 00:16:02,500
don't think that this is what 
they had in mind. 

299
00:16:02,500 --> 00:16:05,000
Anyways, here's a video of the 
artist. 

300
00:16:05,100 --> 00:16:06,500
Let's check it out and we'll 
talk about it. 

301
00:16:07,800 --> 00:16:09,700
Think Bitcoins not bad for the 
environment. 

302
00:16:09,900 --> 00:16:13,300
Think again, introducing Mikey 
was collaboration with 

303
00:16:13,300 --> 00:16:16,600
Greenpeace. 
I'm Benjamin Von Wong and I use 

304
00:16:16,600 --> 00:16:19,700
art to raise awareness for 
issues like plastic, pollution, 

305
00:16:19,700 --> 00:16:22,100
and climate change. 
Six months ago. 

306
00:16:22,100 --> 00:16:24,700
I was studying the impacts of 
climate change in Greenland 

307
00:16:24,700 --> 00:16:27,800
where I saw firsthand. 
What the climate crisis looks 

308
00:16:27,800 --> 00:16:31,300
like Greenland's ice sheet is 
melting fast and witnessing it 

309
00:16:31,300 --> 00:16:34,000
with my own eyes with absolutely
gut-wrenching. 

310
00:16:34,500 --> 00:16:37,400
That's where I met Ralph from 
Greenpeace and learn about how 

311
00:16:37,700 --> 00:16:40,200
Bitcoin could help solve climate
change. 

312
00:16:41,400 --> 00:16:44,500
You hear that fixing Bitcoin is 
going to solve climate change 

313
00:16:44,500 --> 00:16:48,400
everybody. 
Here's the original post from 

314
00:16:48,400 --> 00:16:51,200
his website. 
I built an 11-foot skull covered

315
00:16:51,200 --> 00:16:54,500
in E-Waste to expose Bitcoins 
impact on climate change. 

316
00:16:54,500 --> 00:16:57,500
And what's interesting though is
that you know, we got we got 

317
00:16:57,500 --> 00:16:59,700
some awesome miners as guest 
today. 

318
00:16:59,900 --> 00:17:02,100
Those don't look like ASA cash 
boards. 

319
00:17:02,100 --> 00:17:04,200
Those are just like a regular 
hash boards. 

320
00:17:04,200 --> 00:17:06,900
And you know maybe you could 
say, those are ethernet cable. 

321
00:17:06,900 --> 00:17:10,200
I don't know, bro. 
Goes on to say the giant skull 

322
00:17:10,200 --> 00:17:14,000
was built using Wood recycled 
styrofoam and over 300 pieces of

323
00:17:14,000 --> 00:17:18,099
electronic waste. 
It goes on to say with a 

324
00:17:18,099 --> 00:17:21,099
thousand, human hours of work. 
We brought the skull of Satoshi 

325
00:17:21,099 --> 00:17:23,500
to life in a huge abandoned 
warehouse. 

326
00:17:24,000 --> 00:17:27,099
These These are these are the 
suits were trying to reach 

327
00:17:27,099 --> 00:17:30,300
institutional investors 
supporting and energy devouring 

328
00:17:30,300 --> 00:17:32,900
Bitcoin. 
But I mean like I don't think 

329
00:17:33,800 --> 00:17:37,800
institutional investors don't 
make those types of decisions. 

330
00:17:38,300 --> 00:17:42,200
Anyways everybody I think it's 
absolute like Ludacris. 

331
00:17:42,500 --> 00:17:45,100
It's just absolutely hilarious. 
I don't know Opti. 

332
00:17:45,100 --> 00:17:46,600
What are your thoughts, bro? 
What do you think? 

333
00:17:47,800 --> 00:17:52,500
Well, first and foremost, it is 
like a very cool shots like 

334
00:17:52,500 --> 00:17:54,500
that. 
That school is pretty badass. 

335
00:17:54,500 --> 00:17:58,200
Like, again, as bitcoiners. 
What do we always do? 

336
00:17:58,400 --> 00:18:00,500
We just turn negatives into 
positives. 

337
00:18:00,500 --> 00:18:02,700
It is our mean world. 
And everyone else is just living

338
00:18:02,700 --> 00:18:04,400
in it. 
And I literally, I mean 

339
00:18:04,400 --> 00:18:07,200
interview, today is nothing but 
green skull meme. 

340
00:18:07,200 --> 00:18:10,200
So this is just how we do 
things. 

341
00:18:10,200 --> 00:18:13,600
We Weekly Co-op, whatever you 
guys are talking about and we 

342
00:18:13,600 --> 00:18:17,000
make it good. 
So there's that and then also, I

343
00:18:17,000 --> 00:18:21,200
don't know if you saw but the 
artist deal Von Wong, has come 

344
00:18:21,200 --> 00:18:25,000
out on Twitter today after 
getting a lot of feedback and I 

345
00:18:25,000 --> 00:18:28,900
think he's either become orange 
pill door, is becoming orange 

346
00:18:28,900 --> 00:18:32,700
pilled, because he's recently 
stated on his Twitter account, 

347
00:18:32,700 --> 00:18:35,400
that proof of stake will go 
against Bitcoins, eat those of 

348
00:18:35,400 --> 00:18:38,800
decentralization. 
And he's glad that there was a 

349
00:18:38,800 --> 00:18:43,000
bunch of this might be added. 
Agha Tori would turn but Bitcoin

350
00:18:43,000 --> 00:18:48,000
Eco Warriors out there that are 
are you know educating him and 

351
00:18:48,000 --> 00:18:51,100
showing him that Bitcoin is good
for planet Earth. 

352
00:18:51,100 --> 00:18:54,700
Bitcoin is good for the the 
energy grids and again like 

353
00:18:54,700 --> 00:19:02,700
there's no such thing as wasting
electricity so you know as a as 

354
00:19:02,700 --> 00:19:10,100
a Bitcoin ER again it is 0 Hold 
on, I think I need to take you 

355
00:19:10,100 --> 00:19:11,600
down. 
That's me, got it. 

356
00:19:11,600 --> 00:19:14,600
Yeah, okay, all right, so as a 
big corner, you know someone 

357
00:19:14,600 --> 00:19:18,300
that has put in the work to 
understand Bitcoin and its 

358
00:19:18,300 --> 00:19:21,400
energy. 
Use on the one hand, it is, you 

359
00:19:21,400 --> 00:19:24,900
know, kind of disheartening that
we have to continuously battle 

360
00:19:24,900 --> 00:19:29,300
the Fudd of Bitcoins boiling, 
the oceans, because I remember 

361
00:19:29,300 --> 00:19:30,900
what they say. 
You know, Bitcoin is going to 

362
00:19:30,900 --> 00:19:32,900
take over like all of the energy
use. 

363
00:19:32,900 --> 00:19:35,500
And yet, here we are. 
It's almost like Bitcoin fixes 

364
00:19:35,500 --> 00:19:40,000
the grid and they really need to
get better at their messaging 

365
00:19:40,000 --> 00:19:42,900
because obviously we know that 
they're paid off. 

366
00:19:43,000 --> 00:19:45,900
There's, there's a very real 
link between the Greenpeace to 

367
00:19:45,900 --> 00:19:49,300
change the code movement and the
co-creator of Ripple, Chris 

368
00:19:49,300 --> 00:19:51,200
Larson. 
He basically paid them off to 

369
00:19:51,200 --> 00:19:54,500
spread Fudd and hey guys. 
Like, if you want to change the 

370
00:19:54,500 --> 00:19:57,700
code, there's such things as 
Bitcoin Improvement, proposals, 

371
00:19:57,700 --> 00:20:01,600
and you guys could propose some 
code changes and we shall see if

372
00:20:01,600 --> 00:20:04,300
the free market accepts them's. 
But what do they do? 

373
00:20:04,300 --> 00:20:07,100
They just go out on Twitter. 
You know, they just continue to 

374
00:20:07,100 --> 00:20:13,300
make up lies. continue to, in my
opinion just just Say a lot of 

375
00:20:13,300 --> 00:20:15,900
bullshit, sorry, Nico. 
But that's not. 

376
00:20:15,900 --> 00:20:17,600
That's the, but that's not what 
they're advocating for. 

377
00:20:17,600 --> 00:20:21,600
Like, they're advocating for 
like coercing people to use. 

378
00:20:21,600 --> 00:20:24,900
Yeah, their code per code 
proposal if they accumulate 

379
00:20:24,900 --> 00:20:28,000
enough political willpower, like
that's what they're advocating 

380
00:20:28,000 --> 00:20:30,900
for. 
They're not advocating for 

381
00:20:31,100 --> 00:20:34,400
because they could for Kit 
Greenpeace is very, very like, 

382
00:20:34,400 --> 00:20:37,400
they could totally Fork their 
version of Bitcoin. 

383
00:20:37,800 --> 00:20:40,600
But they know that they know 
that not that many people are 

384
00:20:40,600 --> 00:20:41,900
going to adopt it, right? 
Right? 

385
00:20:41,900 --> 00:20:45,400
So they want to coerce people 
into using the version of 

386
00:20:45,400 --> 00:20:48,400
Bitcoin that they want, but 
that's not necessarily what 

387
00:20:48,400 --> 00:20:51,100
everyone wants. 
You know, this is Fiat has fuck.

388
00:20:51,100 --> 00:20:55,300
This is proof of stake as fuck, 
but I'm so happy that it's 

389
00:20:55,300 --> 00:20:58,700
totally backfiring and it just 
their meme didn't work. 

390
00:20:58,700 --> 00:21:00,600
They got out. 
Memed, they thought they would 

391
00:21:00,600 --> 00:21:02,800
meme us. 
We mean them back harder and 

392
00:21:02,800 --> 00:21:05,300
it's so funny, you know, 
watching the artist be like, 

393
00:21:05,300 --> 00:21:09,500
hey, you know, I wasn't totally 
correctly informed in this on 

394
00:21:09,500 --> 00:21:12,800
this, you know. 
But hey, Look looks bad on 

395
00:21:12,800 --> 00:21:14,700
Greenpeace. 
But who's behind Greenpeace 

396
00:21:14,700 --> 00:21:17,000
who's funding Greenpeace? 
Has a ripple guys, right? 

397
00:21:17,000 --> 00:21:20,700
So this is a really add attack 
from another shit coin. 

398
00:21:21,100 --> 00:21:24,000
And here we are. 
Anyways, when you come, before 

399
00:21:24,000 --> 00:21:27,900
we go on, imagine trying to 
battle the army of Bitcoin 

400
00:21:27,900 --> 00:21:31,700
autists, in a me more like 
wouldn't want to do that? 

401
00:21:32,800 --> 00:21:36,000
Anyways, Nick, what's your take 
on this broad must be close to 

402
00:21:36,000 --> 00:21:37,500
heart. 
You know, this is this is a 

403
00:21:37,508 --> 00:21:40,200
direct attack on Bitcoin mining 
energy use. 

404
00:21:40,900 --> 00:21:43,000
Yeah, but I mean, It's not new, 
it's nothing new. 

405
00:21:43,700 --> 00:21:45,500
It is kind of hilarious that 
they made. 

406
00:21:45,800 --> 00:21:48,000
They made this point out, it's 
not all the time to make this 

407
00:21:48,000 --> 00:21:50,700
piece. 
Then now all the energy energy, 

408
00:21:50,700 --> 00:21:54,500
wasters energy wasting, enjoy 
yours out there now, really like

409
00:21:55,200 --> 00:21:58,800
and so I think, you know, it's 
that, that is that is pretty 

410
00:21:58,800 --> 00:22:00,500
comical. 
I mean a lot of people have 

411
00:22:00,500 --> 00:22:03,300
like, inscribe it and everything
as well, which is even more 

412
00:22:03,300 --> 00:22:06,100
ironic and funny. 
But yeah, I think right now 

413
00:22:06,100 --> 00:22:09,900
we're going to see we're going 
to see what the where they're 

414
00:22:10,000 --> 00:22:11,600
like, where their morals 
actually live with. 

415
00:22:12,100 --> 00:22:14,300
With regard to how they approach
this because right now, all it 

416
00:22:14,300 --> 00:22:17,000
is, is just for to signaling and
LARPing because they're not 

417
00:22:17,000 --> 00:22:19,900
actually doing anything other 
than just, like, shouting into 

418
00:22:19,900 --> 00:22:21,600
the clouds. 
I agree with you. 

419
00:22:21,600 --> 00:22:24,200
Like you said, if you want to, 
if you want put out a bit, go 

420
00:22:24,200 --> 00:22:26,000
put out a bit. 
We can talk about it. 

421
00:22:26,200 --> 00:22:30,300
It's not that it's you, anybody 
can open a bit, so let's let's 

422
00:22:30,300 --> 00:22:31,500
see. 
You know, let's see where it 

423
00:22:31,500 --> 00:22:33,800
lands on the point of wasting 
energy. 

424
00:22:34,600 --> 00:22:36,400
Actually we technically are 
wasting energy. 

425
00:22:36,400 --> 00:22:38,400
That's like one of the 
mechanisms of proof of work is 

426
00:22:38,400 --> 00:22:41,600
that you need to provably, be 
basically what you're doing. 

427
00:22:41,700 --> 00:22:44,600
When you're doing proof of work 
is showing that you have some 

428
00:22:44,600 --> 00:22:48,100
economic incentive within this 
ecosystem or within this 

429
00:22:48,100 --> 00:22:51,200
decentralized network. 
So you do that by proving that 

430
00:22:51,200 --> 00:22:53,400
you wasted some energy. 
And what you're wasting is all 

431
00:22:53,400 --> 00:22:56,500
of the hashes that are below the
Target and so you can 

432
00:22:56,500 --> 00:23:02,100
effectively matchup that I've 
wasted some number of, I've 

433
00:23:02,100 --> 00:23:05,400
expended some level of effort by
proving that I've done all these

434
00:23:05,400 --> 00:23:08,700
other hashes to submit, you 
know, ultimately the winning 

435
00:23:08,700 --> 00:23:11,600
block that said, the the term 
waste in this. 

436
00:23:11,800 --> 00:23:15,200
Guard is, is maybe not the right
term because what you're really 

437
00:23:15,200 --> 00:23:17,700
doing is just proving your or 
economically. 

438
00:23:17,700 --> 00:23:21,300
I guess your economic interest 
in this decentralized network 

439
00:23:21,300 --> 00:23:24,600
and yeah I mean that's just the 
bottom line. 

440
00:23:24,900 --> 00:23:29,200
The the point though that it, 
you know, wasting energy or even

441
00:23:29,200 --> 00:23:33,200
using energy in this way using 
energy in this way to prove that

442
00:23:33,200 --> 00:23:37,400
you're doing some work isn't 
inherently bad, Our Generation 

443
00:23:37,400 --> 00:23:39,800
them, like I feel like probably 
the majority of your listeners 

444
00:23:39,800 --> 00:23:41,300
are millennials. 
I'm a millennial women. 

445
00:23:41,700 --> 00:23:44,700
I'm what they call a geriatric 
Millennial, an older Millennial 

446
00:23:44,700 --> 00:23:48,300
but I think we have all been 
taught ever since. 

447
00:23:48,300 --> 00:23:50,100
You know what? 
Maybe when I started going to 

448
00:23:50,100 --> 00:23:52,400
school and like they're like 
when I started going like 

449
00:23:52,400 --> 00:23:56,700
regular public school, like 98 
like, 1998 through like 2007. 

450
00:23:57,300 --> 00:24:01,000
We were all kind of taught that 
you should, you know, conseil 

451
00:24:01,100 --> 00:24:05,200
conserve energy, all of those 
things, but it's really like. 

452
00:24:05,600 --> 00:24:08,000
And so we've been ingrained with
this idea that using energy is 

453
00:24:08,000 --> 00:24:11,300
bad, you know, flying on planes 
and doing all this stuff is 

454
00:24:11,300 --> 00:24:13,900
inherently. 
That it's not inherently bad. 

455
00:24:13,900 --> 00:24:17,000
To use energy, actually energy, 
the more energy that a society 

456
00:24:17,000 --> 00:24:20,100
consumes the better, human The 
Human Condition, United States 

457
00:24:20,100 --> 00:24:22,200
uses, more energy than any 
country in the world. 

458
00:24:22,300 --> 00:24:25,200
They also have the highest 
quality of life of any place in 

459
00:24:25,200 --> 00:24:28,500
the world. 
So that is I guess that that is 

460
00:24:28,500 --> 00:24:32,300
that correlate with other you 
know top first world Nations as 

461
00:24:32,300 --> 00:24:33,900
well. 
You know China is starting to 

462
00:24:33,900 --> 00:24:36,800
use a ton of energy but they are
also a massively improving the 

463
00:24:36,800 --> 00:24:38,200
quality of life that people 
there. 

464
00:24:38,600 --> 00:24:42,300
So continuing to use energy 
while we have been trained to 

465
00:24:42,300 --> 00:24:45,700
think is bad is actually very, 
very good for your society. 

466
00:24:45,700 --> 00:24:49,400
When we question that point and 
expanding a little bit more on 

467
00:24:49,400 --> 00:24:54,800
it, what we see what we see, 
like being able to be able to 

468
00:24:54,800 --> 00:24:58,400
use and consume this energy, the
reason that we're sorry, the 

469
00:24:58,400 --> 00:24:59,700
reason that we were taught that 
it's bad. 

470
00:24:59,700 --> 00:25:01,800
It's actually from the pollution
that comes from it. 

471
00:25:02,000 --> 00:25:05,500
Now there are some that would 
say that there are some that 

472
00:25:05,500 --> 00:25:08,300
will say that you maybe CO2 
isn't a bad thing. 

473
00:25:08,600 --> 00:25:12,200
I don't subscribe to that. 
I do think that that is That we 

474
00:25:12,200 --> 00:25:13,800
are in somewhat of a climate 
crisis. 

475
00:25:14,700 --> 00:25:17,500
Is it human-caused? 
Probably, but I also think that 

476
00:25:17,500 --> 00:25:21,100
that is a side effect of 
increasing other people's 

477
00:25:21,100 --> 00:25:25,600
quality of life. 
Sure we do have more and more 

478
00:25:25,600 --> 00:25:29,400
unstable climate but that comes 
at the cost that comes at the 

479
00:25:29,400 --> 00:25:32,400
benefit of many, many more 
people joining like the first 

480
00:25:32,400 --> 00:25:36,200
world. 
And so in the end of the day, I 

481
00:25:36,200 --> 00:25:38,300
think everything that has 
happened up to now has been a 

482
00:25:38,300 --> 00:25:41,600
net benefit for Humanity from an
energy consumption perspective. 

483
00:25:41,700 --> 00:25:44,300
Of Bitcoin. 
Now, teaches us how to harness 

484
00:25:44,300 --> 00:25:46,000
energy. 
More effectively, produce 

485
00:25:46,000 --> 00:25:48,400
cleaner energy. 
And I've said it before and I'll

486
00:25:48,400 --> 00:25:51,100
say it again that Bitcoin mining
is going to save the world by 

487
00:25:51,100 --> 00:25:55,600
incentivizing renewable energy, 
route generation, and continuing

488
00:25:55,600 --> 00:25:59,300
to push that technology forward 
is going to be amazing. 

489
00:25:59,300 --> 00:26:04,900
So those are good of a long bit 
of a long bit there, but it's 

490
00:26:04,900 --> 00:26:08,400
something I'm really passionate 
about because Bitcoin mining is 

491
00:26:08,400 --> 00:26:11,100
going to save the world because 
of the way that it incentivizes 

492
00:26:11,100 --> 00:26:12,400
renewable. 
Generation. 

493
00:26:12,800 --> 00:26:15,300
Matt can see that you're 
chomping at the bit on this one.

494
00:26:17,400 --> 00:26:21,900
Yeah, I mean, just to the point 
about the absence of hash boards

495
00:26:21,900 --> 00:26:26,700
in the sculpture, I mean ripples
got a lawsuit to fund, so they 

496
00:26:26,700 --> 00:26:28,700
probably had to scale back on 
the budget at this. 

497
00:26:28,700 --> 00:26:33,000
Hash boards are pretty 
expensive, these days and then 

498
00:26:33,000 --> 00:26:36,500
about energy consumption. 
Yeah, I mean, the whole point 

499
00:26:36,500 --> 00:26:38,500
about it, human flourishing and 
energy consumption. 

500
00:26:38,500 --> 00:26:41,000
Like those are, there's plenty 
of data out there to support 

501
00:26:41,000 --> 00:26:42,500
that. 
So I don't Think there's any 

502
00:26:42,500 --> 00:26:45,100
point in trying to debate that I
don't want to beat a dead horse.

503
00:26:45,100 --> 00:26:49,000
I definitely agree. 
I was out in West Texas to start

504
00:26:49,000 --> 00:26:53,900
the week working on our firmware
and just driving past, I'll 

505
00:26:53,900 --> 00:26:56,800
shout out, Steve Barber. 
The, the fields of coal because 

506
00:26:57,100 --> 00:26:59,700
there is tons of solar panels 
out there and they're all made 

507
00:26:59,700 --> 00:27:04,300
with coal, right? 
But the, the idea that consuming

508
00:27:04,300 --> 00:27:06,800
energy is bad is just kind of 
laughable. 

509
00:27:06,900 --> 00:27:13,300
It's, he Barbara also says that 
either your Tesla is zero 

510
00:27:13,300 --> 00:27:15,000
emission. 
Either both your Tesla and your 

511
00:27:15,000 --> 00:27:17,500
minor or zero emissions are 
neither are right. 

512
00:27:17,500 --> 00:27:19,600
Like consumption of power isn't 
the problem. 

513
00:27:19,600 --> 00:27:23,000
It's the source of the power. 
If you want to go down the right

514
00:27:23,000 --> 00:27:27,500
of Kurt, go down the path of 
curbing emissions and there's 

515
00:27:27,500 --> 00:27:29,600
obviously something to waste not
want not. 

516
00:27:29,600 --> 00:27:32,100
But if you want to talk about 
energy waste let's talk about 

517
00:27:32,100 --> 00:27:38,600
the loss of power in 
transmission lines in in space 

518
00:27:38,600 --> 00:27:40,400
heaters in Canada. 
Let's talk about all the 

519
00:27:40,408 --> 00:27:41,900
different ways that we waste. 
Energy. 

520
00:27:41,900 --> 00:27:45,200
Because ultimately the reason 
that Bitcoin wastes energy is 

521
00:27:45,200 --> 00:27:49,000
because when you look at it as a
currency what is a currency, 

522
00:27:49,000 --> 00:27:51,700
it's a medium of exchange and 
most economists leave the end of

523
00:27:51,700 --> 00:27:53,800
that phrase off. 
Like, what is it? 

524
00:27:53,800 --> 00:27:57,300
An exchange of ultimately it's 
an exchange of value, which is a

525
00:27:57,300 --> 00:28:01,200
proxy for people's time and 
energy, right? 

526
00:28:01,200 --> 00:28:04,700
So like if you try to eliminate 
the energy from the introduction

527
00:28:04,700 --> 00:28:09,500
of currency to an economy, you 
lose you lose, you get Fiat, and

528
00:28:09,500 --> 00:28:11,400
you get the depreciation, you 
get the D. 

529
00:28:11,700 --> 00:28:14,600
Nation of a currency. 
And that's what we've had for 

530
00:28:14,600 --> 00:28:17,800
decades now. 
WWF happened in 1971. 

531
00:28:18,400 --> 00:28:22,100
So the idea of trying to 
separate consumption from the 

532
00:28:22,100 --> 00:28:25,700
generation of Bitcoin is 
laughable, but it's also a 

533
00:28:25,700 --> 00:28:28,100
really good insight into how 
naive people can be. 

534
00:28:28,100 --> 00:28:31,600
I mean, for example, when I 
first came to pick one of my God

535
00:28:31,600 --> 00:28:33,200
can probably just write like a 
python script. 

536
00:28:33,200 --> 00:28:35,400
I won't be able to make a lot of
Bitcoin but I can probably mined

537
00:28:35,400 --> 00:28:39,000
Bitcoins like, yeah, I probably 
could write a python script, but

538
00:28:39,000 --> 00:28:41,100
when I say not make a lot, that 
would be probably the 

539
00:28:41,100 --> 00:28:42,600
understatement. 
Man of the decade. 

540
00:28:43,300 --> 00:28:46,800
There's just a lot to learn for 
everyone in kudos to this guy 

541
00:28:46,800 --> 00:28:48,300
Von Wong. 
I hadn't followed him at all, 

542
00:28:48,300 --> 00:28:52,200
but if he's really hearing out 
bitcoiners and, and learning 

543
00:28:52,200 --> 00:28:55,300
something, that's, that's more 
valuable than anything that 

544
00:28:55,300 --> 00:28:56,700
Greenpeace would have 
contributed here. 

545
00:28:57,100 --> 00:29:01,300
It's just, it's a shame that 
they're trying so hard to derail

546
00:29:01,300 --> 00:29:05,400
a product not a project cultural
movement, that they're 

547
00:29:05,400 --> 00:29:08,600
ultimately just trying to profit
from on the other side with a 

548
00:29:09,100 --> 00:29:11,900
inferior technology. 100% 100%. 
Percent. 

549
00:29:11,900 --> 00:29:14,800
And that's really, you know, 
that's really the signal here, 

550
00:29:14,800 --> 00:29:18,700
right? 
Is that, you know what you said 

551
00:29:18,700 --> 00:29:24,300
about the artist, right? 
I don't think he totally knew. 

552
00:29:24,700 --> 00:29:29,000
I think what he was Fed was, 
what Greenpeace was telling him.

553
00:29:29,500 --> 00:29:33,000
I don't think he understood the 
Nuance because like, there's 

554
00:29:33,000 --> 00:29:34,700
Nuance to it, right? 
It's like Bitcoin. 

555
00:29:34,700 --> 00:29:36,900
Yes. 
Bitcoin uses a lot of energy. 

556
00:29:37,300 --> 00:29:40,700
But what energy does, what 
energy is it actually using, 

557
00:29:40,700 --> 00:29:42,300
right? 
And that makes a total 

558
00:29:42,300 --> 00:29:45,100
difference, right? 
Because it's like Bitcoin isn't 

559
00:29:45,100 --> 00:29:49,900
using energy that, you know, in 
populated cities, it would be 

560
00:29:49,900 --> 00:29:51,900
unethical. 
Economical for Bitcoin miners, 

561
00:29:52,200 --> 00:29:55,700
using Bitcoin is using isolated 
energy, you're stranded energy, 

562
00:29:55,800 --> 00:29:57,800
that's the only way. 
It's economics economic 

563
00:29:58,200 --> 00:30:01,600
economically viable especially 
in a larger scale, right? 

564
00:30:01,600 --> 00:30:03,300
And that's never talked about, 
right? 

565
00:30:03,300 --> 00:30:05,500
It's always like Bitcoin is 
using more energy in the country

566
00:30:05,500 --> 00:30:07,800
of Denmark, right? 
I don't know Nick if you want to

567
00:30:07,808 --> 00:30:12,900
chime in to that. 
I do unplug Denmark. 

568
00:30:14,900 --> 00:30:17,100
No don't like Denmark Denmark 
school. 

569
00:30:18,100 --> 00:30:21,400
Love them for a few minutes but 
anyway. 

570
00:30:21,400 --> 00:30:25,900
Yeah. 
I'm just going to kick it over 

571
00:30:25,900 --> 00:30:27,600
to that. 
I went too long on the last one 

572
00:30:27,600 --> 00:30:29,200
took of all the air space. 
There is going to kick it right 

573
00:30:29,200 --> 00:30:30,800
over to Matt. 
Hi, Matt. 

574
00:30:31,400 --> 00:30:36,400
I mean, it is what it is, y'all.
I mean, like the idea of trying 

575
00:30:36,400 --> 00:30:40,300
to criticize energy consumption 
is just, it's laughable in the 

576
00:30:40,300 --> 00:30:45,100
context of incentivizing 
incentivizing, development of 

577
00:30:46,100 --> 00:30:49,400
efficient, use of energy, like 
there's no better tool than 

578
00:30:49,600 --> 00:30:52,200
Bitcoin. 
Like, and so, here's the thing. 

579
00:30:52,200 --> 00:30:54,900
It ultimately boils down to like
some of Our core beliefs about 

580
00:30:54,900 --> 00:30:57,600
how Society should be 
structured, are you a top, a 

581
00:30:57,600 --> 00:30:59,400
believer, in top-down 
government. 

582
00:30:59,400 --> 00:31:02,400
And if you are then, like I can 
understand how you might come to

583
00:31:02,400 --> 00:31:05,500
the conclusion that you need to,
to eliminate Bitcoin. 

584
00:31:05,500 --> 00:31:07,800
Because that's, that's not in 
line with the top down 

585
00:31:07,800 --> 00:31:10,400
narrative. 
But if you have any belief in 

586
00:31:10,400 --> 00:31:15,700
like open societies free markets
and even if you're like 

587
00:31:16,400 --> 00:31:19,000
skeptical of free markets 
because of the, the crony 

588
00:31:19,000 --> 00:31:21,700
capitalism that's happened for 
the past five decades, right? 

589
00:31:21,700 --> 00:31:24,400
Like, even if you're skeptical, 
but you think that is, A chance 

590
00:31:24,400 --> 00:31:26,600
they could work. 
You should really be listening 

591
00:31:26,600 --> 00:31:29,300
to what Bitcoin is were saying 
because there is no better 

592
00:31:29,300 --> 00:31:33,100
incentive to develop a more 
efficient use of power and 

593
00:31:33,100 --> 00:31:36,900
potentially distribute equitably
generation of power than 

594
00:31:36,900 --> 00:31:40,200
Bitcoin. 
I mean, like again if I was I'll

595
00:31:40,200 --> 00:31:41,700
go back to it. 
I was in West, Texas in the 

596
00:31:41,700 --> 00:31:43,500
amount of power that's being 
generated out. 

597
00:31:43,500 --> 00:31:47,300
There is just unbelievable. 
So like if you can just start to

598
00:31:47,300 --> 00:31:50,600
move any percentage of that 
closer to populations with 

599
00:31:50,600 --> 00:31:53,000
better transmission lines and 
you can start to take losses. 

600
00:31:55,100 --> 00:31:58,200
You have the power. 
There was get it back to society

601
00:31:58,200 --> 00:32:01,700
and then I mean, again, the more
power that a society has 

602
00:32:01,700 --> 00:32:04,300
available to it, the easier it 
is for that Society to flourish 

603
00:32:04,600 --> 00:32:08,600
100%, 100% man. 
Anyways, everybody, let's get to

604
00:32:08,600 --> 00:32:10,400
the culture. 
We're going to talk about Luxor,

605
00:32:10,400 --> 00:32:14,700
mining's, new, minor firmware. 
Anyways, to check it out. 

606
00:32:17,800 --> 00:32:23,200
The daily culture brought to you
by Swan Bitcoin.com, Swan is the

607
00:32:23,200 --> 00:32:26,500
best way to build your Bitcoin 
stack with automated Bitcoin 

608
00:32:26,500 --> 00:32:30,200
savings plans and instant 
purchases serving clients of any

609
00:32:30,200 --> 00:32:33,500
size from ten dollars to ten 
million dollars. 

610
00:32:33,500 --> 00:32:36,900
We love Swan because they 
incentivize self custody and 

611
00:32:36,900 --> 00:32:40,000
dollar cost averaging. 
What do you waiting for visit 

612
00:32:40,000 --> 00:32:43,800
Swan Bitcoin.com today. 
Alright guys, I also want to 

613
00:32:43,800 --> 00:32:46,600
tell you about swans, new offer,
Bitcoin is generational wealth 

614
00:32:46,600 --> 00:32:49,300
and you can secure your Orange 
future with the swan Ira a real 

615
00:32:49,300 --> 00:32:51,200
Bitcoin. 
No taxes Swan offers both 

616
00:32:51,200 --> 00:32:53,900
traditional and Roth options to 
best fit your needs. 

617
00:32:54,100 --> 00:32:56,900
Create your Ri Ra and start 
adding Bitcoin in less than one 

618
00:32:56,900 --> 00:32:59,800
minute transfers and rollovers 
are available swans. 

619
00:32:59,800 --> 00:33:02,700
Bitcoin experts will get you set
up with no transfer fees and no 

620
00:33:02,700 --> 00:33:05,500
minimum balance requirements. 
This is the real thing. 

621
00:33:05,500 --> 00:33:08,600
Non ETF or other derivative get 
the real thing and get it at 

622
00:33:08,600 --> 00:33:11,900
Swan. 
Go to Swan.com era for more 

623
00:33:12,200 --> 00:33:18,500
details. 
You froze for a moment that we 

624
00:33:18,500 --> 00:33:19,600
froze from. 
All right. 

625
00:33:19,600 --> 00:33:23,500
Well guys, I you know I have 
their Twitter account here Luxor

626
00:33:23,500 --> 00:33:28,400
and you guys just announced the 
your newest project Lux OS but 

627
00:33:28,400 --> 00:33:32,100
instead of me just you know 
talking about it on Twitter, you

628
00:33:32,100 --> 00:33:34,700
guys told us that we have a live
demo. 

629
00:33:34,700 --> 00:33:39,700
So let me get this up here for 
you guys and we can talk about 

630
00:33:39,700 --> 00:33:41,500
that. 
Here we go, let me take my 

631
00:33:41,500 --> 00:33:43,300
screen down. 
All right, I'll give you guys. 

632
00:33:43,400 --> 00:33:47,200
As the floor is this, alright? 
So the Matt, this is your 

633
00:33:47,200 --> 00:33:49,700
screen. 
So tell the people what Lex OS 

634
00:33:49,700 --> 00:33:53,100
is and then I guess, maybe go 
into what's going on on this 

635
00:33:53,100 --> 00:33:55,100
screen right here. 
Absolutely. 

636
00:33:55,100 --> 00:34:03,200
So Luxe OS is our entry into the
aftermarket firmware market so 

637
00:34:03,900 --> 00:34:07,300
every Miner that you purchase 
has some form of firmware and 

638
00:34:07,300 --> 00:34:10,900
they generally ship with or they
ship with firmware generated by 

639
00:34:10,900 --> 00:34:14,100
the the manufacturer, right? 
It mean, what's minor? 

640
00:34:14,100 --> 00:34:17,100
They all have their own 
firmware, we enter the market of

641
00:34:17,100 --> 00:34:20,900
third-party firmware because 
when those minor ship the 

642
00:34:20,900 --> 00:34:24,100
firmware is relatively Limited 
in the capacity of what the 

643
00:34:24,100 --> 00:34:28,699
machine can do. 
If you imagine I guess the a 

644
00:34:28,699 --> 00:34:30,500
good example would be like 
chipping, a car. 

645
00:34:30,500 --> 00:34:34,900
If you if you've ever tinkered 
with with cars, right? 

646
00:34:34,900 --> 00:34:38,000
So like you can add a chip to a 
car and it lets you get more 

647
00:34:38,000 --> 00:34:41,500
horsepower, you may have to use 
a little a little more gas to 

648
00:34:41,500 --> 00:34:43,699
get that horse power but it 
generally lets you You tune your

649
00:34:43,699 --> 00:34:45,800
car, right? 
So that's what our firmware 

650
00:34:45,800 --> 00:34:47,199
does. 
It allows you to get better 

651
00:34:47,199 --> 00:34:51,100
performance out of your machine 
in a number of ways. 

652
00:34:51,100 --> 00:34:53,600
So there's all kinds of metrics 
when it comes to assessing 

653
00:34:53,600 --> 00:34:57,300
minors. 
But what we have here is our 

654
00:34:57,300 --> 00:34:58,800
dashboard to kind of go through 
some of it. 

655
00:34:58,800 --> 00:35:02,400
But the big things that come 
into play, here are your clock 

656
00:35:02,400 --> 00:35:03,700
speed. 
So your frequency that your 

657
00:35:03,700 --> 00:35:08,000
hashing, hashing your voltage, 
which kind of determines how 

658
00:35:08,000 --> 00:35:09,600
much power you're consuming as 
well. 

659
00:35:09,900 --> 00:35:13,900
And then, one of the biggest 
variables here that Isn't as 

660
00:35:13,900 --> 00:35:15,300
controllable as temperature, 
right? 

661
00:35:15,300 --> 00:35:19,200
So like if you're mining in West
Texas and it's 110 degrees 

662
00:35:19,200 --> 00:35:23,800
outside, your minor is going to 
be a lot less efficient than a 

663
00:35:23,800 --> 00:35:27,500
minor operating in like let's 
say 60 degrees Fahrenheit in 

664
00:35:27,800 --> 00:35:30,100
Seattle or something like that, 
right? 

665
00:35:30,700 --> 00:35:34,400
So there's some fancy math that 
that proves to you, basically 

666
00:35:34,400 --> 00:35:37,900
that the machine is going to be 
much less efficient at higher 

667
00:35:37,900 --> 00:35:40,900
temperatures. 
So what our firmware allows you 

668
00:35:40,900 --> 00:35:45,700
to do It allows you to 
underclock let's say in West 

669
00:35:45,700 --> 00:35:49,100
Texas to where you're generating
less hash rate but you're 

670
00:35:49,100 --> 00:35:51,100
consuming less power at the same
time. 

671
00:35:51,600 --> 00:35:54,300
And another thing that that 
potentially does is as you 

672
00:35:54,300 --> 00:35:56,800
generally when you hash faster, 
you generate more heat. 

673
00:35:56,800 --> 00:36:00,100
So you have kind of like a 
system that can stack up the 

674
00:36:00,100 --> 00:36:02,400
heat and then potentially shut 
down. 

675
00:36:02,400 --> 00:36:04,100
Because once you get to a 
certain temperature, the stock 

676
00:36:04,100 --> 00:36:05,600
firmware is going to shut your 
machine down. 

677
00:36:06,300 --> 00:36:08,900
So what you can do is under 
clock which means you're not 

678
00:36:08,900 --> 00:36:11,900
generating as much heat, you get
better up time you use on your 

679
00:36:12,000 --> 00:36:15,000
oisin because once the machine 
gets so hot, you have to pull 

680
00:36:15,000 --> 00:36:17,000
it. 
Like, we've talked to a couple 

681
00:36:17,000 --> 00:36:19,900
clients for the like I have to 
go pull miners out of the rack 

682
00:36:20,000 --> 00:36:23,200
set it aside in a different unit
so it just so it can cool down 

683
00:36:23,700 --> 00:36:25,500
and that's that's time offline, 
right? 

684
00:36:25,500 --> 00:36:28,000
Like that's that's SATs that 
they're not putting into their 

685
00:36:28,000 --> 00:36:31,500
wallet. 
So the big thing about our 

686
00:36:31,500 --> 00:36:34,100
firmware is that it just 
provides customized ability for 

687
00:36:34,100 --> 00:36:37,000
any client in any any 
application, right? 

688
00:36:37,000 --> 00:36:41,600
Nick and tell you he was running
our enough 19 XP in his garage. 

689
00:36:42,400 --> 00:36:45,300
He got it, really stinking hot 
but it was okay because he was 

690
00:36:45,300 --> 00:36:48,900
in Seattle and it was cold. 
That's a very different scenario

691
00:36:48,900 --> 00:36:51,900
from Texas, where I have, this 
is enough, 19 J Pro my garage 

692
00:36:51,900 --> 00:36:54,600
where it's a little bit warm. 
So I'm actually underclocking 

693
00:36:54,600 --> 00:36:57,200
right now because you can see 
down here, we have the 

694
00:36:57,200 --> 00:36:59,900
temperatures on the chip. 
Like you don't want to get close

695
00:36:59,900 --> 00:37:03,000
to 65 or you might you might 
start doing damage. 

696
00:37:03,600 --> 00:37:04,900
You have anything. 
You want to add here now? 

697
00:37:05,400 --> 00:37:08,100
Yeah yeah yeah. 
Like you said so it looks like 

698
00:37:08,100 --> 00:37:10,900
we've got it right about 525 
which is a very nice. 

699
00:37:11,200 --> 00:37:14,300
Nice safe o overclock there or 
actually that's a bit of an 

700
00:37:14,300 --> 00:37:16,900
underclock I think. 
Yeah so actually a bit of it. 

701
00:37:17,000 --> 00:37:18,300
Under clock. 
So that's trying to keep it 

702
00:37:18,300 --> 00:37:21,000
cool. 
Can you explain to everybody? 

703
00:37:21,100 --> 00:37:23,600
What an under clock means Nick? 
Yeah, yes. 

704
00:37:23,600 --> 00:37:26,600
So you're the, the chip in your 
machine comes with this 

705
00:37:26,900 --> 00:37:29,800
basically called the clock rate.
And it means how many how many 

706
00:37:29,800 --> 00:37:34,800
times per second is it running a
an instruction and if you 

707
00:37:34,800 --> 00:37:38,700
increase the chip rate, you do 
more instructions but obviously 

708
00:37:38,700 --> 00:37:41,400
use a little use more energy, 
produces more heat, the chip 

709
00:37:41,400 --> 00:37:44,600
gets hotter. 
If you lower that rate it will 

710
00:37:44,900 --> 00:37:48,700
execute instructions slower. 
But So uses less energy and 

711
00:37:48,700 --> 00:37:52,200
produces less heat. 
So what Matt was referencing is 

712
00:37:52,200 --> 00:37:55,100
if you underclock, when it's 
hot, you're able to keep your 

713
00:37:55,100 --> 00:37:58,300
chip temp slower, especially 
when your fan, your fans running

714
00:37:58,300 --> 00:38:03,500
at 100% and you're chip temp is 
still, you know, over 65 of Sony

715
00:38:03,500 --> 00:38:04,800
saw. 
Somebody saw Corgi in the 

716
00:38:04,808 --> 00:38:06,300
background. 
Yeah, that's Bandit. 

717
00:38:08,000 --> 00:38:10,100
He yeah. 
So anyway, that chipped him 

718
00:38:11,400 --> 00:38:13,500
starts to go starts to go up 
when it's hotter. 

719
00:38:13,600 --> 00:38:16,500
If the fans are at 100% and you 
can't keep the chips below, 65 

720
00:38:16,500 --> 00:38:18,900
degrees. 
Or whatever you think is safe 

721
00:38:18,900 --> 00:38:21,500
for your machine, then you can 
start to underclock lower that 

722
00:38:21,500 --> 00:38:23,500
lower than structure rate just a
little bit. 

723
00:38:23,700 --> 00:38:26,100
So yeah, that's that's what 
overclocking and underclocking 

724
00:38:26,100 --> 00:38:29,400
are and really one of the key 
differentiators around. 

725
00:38:29,400 --> 00:38:33,600
How we designed this firmware is
Matt, put it perfectly, he said,

726
00:38:33,600 --> 00:38:35,900
you know, shipping and car. 
I like to say the remember when 

727
00:38:35,900 --> 00:38:40,900
you did jailbreak iPhones, it 
iPhones, a great platform, like,

728
00:38:40,900 --> 00:38:43,900
maybe one of the best products 
ever built from a product 

729
00:38:43,900 --> 00:38:46,400
perspective, but there are still
some features that are left, 

730
00:38:46,400 --> 00:38:50,000
unlike Locked and you can unlock
them with different with 

731
00:38:50,000 --> 00:38:51,100
different with different 
firmware. 

732
00:38:51,100 --> 00:38:53,700
In that case, saying the same 
thing applies here, that's 19 

733
00:38:53,700 --> 00:38:54,700
XP. 
That's 19. 

734
00:38:54,700 --> 00:38:57,600
Like these are incredible 
platforms but there's still a 

735
00:38:57,608 --> 00:39:01,500
bit of you know some features 
that you could add by unlocking 

736
00:39:01,500 --> 00:39:02,800
them. 
And so that's kind of the way 

737
00:39:02,800 --> 00:39:05,200
I'd like to describe it as well.
Just like what Matt said. 

738
00:39:06,200 --> 00:39:09,800
But we took this from a, from a,
from a Miner's perspective 

739
00:39:09,800 --> 00:39:12,600
looked at what the trends are in
mind, of course, demand response

740
00:39:12,600 --> 00:39:13,800
and controllable load 
resourcing. 

741
00:39:13,800 --> 00:39:17,400
Those are the stories of Bitcoin
mining right now, all the miners

742
00:39:17,400 --> 00:39:21,600
are taking part in these types 
of activities, which is where 

743
00:39:21,600 --> 00:39:24,800
you turn your machines down, 
when when prices are high or you

744
00:39:24,800 --> 00:39:27,000
turn them up when prices are 
low. 

745
00:39:27,000 --> 00:39:32,100
And you're effectively reducing 
the effectively, reducing the 

746
00:39:32,400 --> 00:39:34,800
call, the demand curve Delta in 
Texas. 

747
00:39:34,800 --> 00:39:39,100
The demand curve Delta is 
something like 8 or 10 gigawatts

748
00:39:39,300 --> 00:39:42,900
which is probably the end. 
It's basically the entire it's 

749
00:39:42,900 --> 00:39:45,300
like the entire energy 
consumption of the Bitcoin 

750
00:39:45,500 --> 00:39:49,200
Network and across the globe. 
And that's just in Texas, the 

751
00:39:49,200 --> 00:39:52,000
amount of energy used at the 
bottom of the curve and the top 

752
00:39:52,000 --> 00:39:54,900
of the curve and that means 
sorry the amount of energy being

753
00:39:54,900 --> 00:39:59,600
consumed at any point in time. 
It can fluctuate between 8 and 

754
00:39:59,600 --> 00:40:03,500
10 gigawatts during the course 
of a day Bitcoin miners compress

755
00:40:03,500 --> 00:40:06,300
that the demand curve Delta, if 
you can reduce the demand curve,

756
00:40:06,300 --> 00:40:12,700
Delta U massively improve the 
efficiency of your grid because 

757
00:40:12,700 --> 00:40:15,400
your transmission lines all of 
your distribution doesn't have 

758
00:40:15,400 --> 00:40:18,600
to make up for that. 
Delta, you also don't have to 

759
00:40:18,600 --> 00:40:22,000
like bring on wonderful peaker 
plants, which are like Nat gas 

760
00:40:22,000 --> 00:40:24,700
plants that come in and help. 
When the demand is super high. 

761
00:40:25,200 --> 00:40:27,600
That's why we saw some of those 
blackouts in Texas is because 

762
00:40:27,600 --> 00:40:30,000
they just weren't able to get 
those things turned on in time. 

763
00:40:30,200 --> 00:40:33,000
Also, there was like, renew, 
like renewable, is it 

764
00:40:33,000 --> 00:40:35,700
sustainable energy? 
Renewable energy is is also 

765
00:40:35,700 --> 00:40:38,200
called intermittent meeting the 
sun, doesn't always shine and 

766
00:40:38,200 --> 00:40:41,000
the wind doesn't always blow. 
And in the case of what happened

767
00:40:41,000 --> 00:40:43,800
in Texas, when everything got 
super cold, Not only was it 

768
00:40:43,808 --> 00:40:47,200
super cold, the wind was not 
blowing and the sun was not It's

769
00:40:47,200 --> 00:40:50,100
super bright. 
So we had this huge drop-off of 

770
00:40:50,100 --> 00:40:53,400
sustainable energy that peaker 
plants weren't able to get 

771
00:40:53,400 --> 00:40:56,700
turned on in time. 
And it's I think it was because 

772
00:40:56,700 --> 00:40:59,300
they were actually Frozen, and 
they had to like, figure out how

773
00:40:59,300 --> 00:41:00,800
to keep them up to get them 
running again. 

774
00:41:00,800 --> 00:41:03,300
And so there was like, a 
Confluence of events that caused

775
00:41:03,300 --> 00:41:07,000
this to occur. 
Now, if we had say 50 percent 

776
00:41:07,000 --> 00:41:10,300
more energy in the grid being 
consumed by Bitcoin miners, they

777
00:41:10,300 --> 00:41:12,800
could have all come off line and
all of that energy can flow 

778
00:41:12,800 --> 00:41:15,100
through to the cities. 
That's the concept of demand 

779
00:41:15,100 --> 00:41:16,800
response and control the load 
resourcing. 

780
00:41:18,200 --> 00:41:21,600
And what we built, we designed 
the low 20s firmware to 

781
00:41:21,800 --> 00:41:24,800
specifically Target that type of
activity, which we think is 

782
00:41:24,808 --> 00:41:28,300
going to become probably the 
most ubiquitous and profitable 

783
00:41:28,300 --> 00:41:31,100
way to mine Bitcoins. 
So we took the minor and 

784
00:41:31,100 --> 00:41:34,600
basically removed all of the 
guardrails and give people a 

785
00:41:34,600 --> 00:41:39,600
very strong platform and toolset
that they can use for for taking

786
00:41:39,600 --> 00:41:40,900
part in those types of 
activities. 

787
00:41:41,200 --> 00:41:44,300
It's also a phenomenal platform 
for people to do like hobbyists 

788
00:41:44,300 --> 00:41:46,800
and tinkering Mining, like we 
have some people that know 

789
00:41:48,700 --> 00:41:51,400
Because we expose each chip 
individually. 

790
00:41:51,900 --> 00:41:54,300
You can actually see like where 
chips are hot. 

791
00:41:54,300 --> 00:41:56,100
Like you can see here. 
Matt is shown a screen so you 

792
00:41:56,108 --> 00:41:57,900
can actually see every chip 
individually. 

793
00:41:58,200 --> 00:42:02,700
We actually expose an API that 
allows you to to remove, or to 

794
00:42:02,700 --> 00:42:05,600
modify each chip individually. 
So you can actually take, you 

795
00:42:05,600 --> 00:42:10,300
know, say for number two, chip 
number 45 and clock it down a 

796
00:42:10,308 --> 00:42:12,100
little bit. 
We know that board number two 

797
00:42:12,100 --> 00:42:14,500
here. 
Sorry board one, the middle 

798
00:42:14,500 --> 00:42:15,900
board. 
We know that boards generally a 

799
00:42:15,908 --> 00:42:18,000
little hotter. 
And we actually know, there are 

800
00:42:18,000 --> 00:42:20,900
places with on that board itself
that are a little hotter so you 

801
00:42:20,900 --> 00:42:24,400
can reduce the frequency of some
of those chips. 

802
00:42:25,300 --> 00:42:28,100
And then keep the chips at high,
you know, high frequency on 

803
00:42:28,100 --> 00:42:31,700
board 10 and port to which stay 
cooler. 

804
00:42:31,900 --> 00:42:35,300
So, these are all things that we
tried to expose via the as a 

805
00:42:35,300 --> 00:42:37,800
platform. 
So you can use this Asic in this

806
00:42:37,800 --> 00:42:39,900
mining machine in a lot of 
different ways. 

807
00:42:39,900 --> 00:42:43,000
Now, people are super creative, 
they do all sorts of things, all

808
00:42:43,000 --> 00:42:45,500
sorts of things, all sorts of 
things, mining machines, 2 

809
00:42:45,700 --> 00:42:49,500
Jacuzzis, We've seen people hook
up mining machines to heat their

810
00:42:49,500 --> 00:42:52,000
home, which is incredible. 
Like, if anybody's seen some of 

811
00:42:52,000 --> 00:42:54,700
those pictures of a Bitcoin 
miner plugged into the central 

812
00:42:54,700 --> 00:42:58,000
heating of a home? 
It's incredible, you know then 

813
00:42:58,000 --> 00:43:00,600
of course at the larger scale 
people are using these to 

814
00:43:00,800 --> 00:43:05,100
balance the Grid or you know 
consume stranded energy and 

815
00:43:05,100 --> 00:43:09,200
those all of those things we 
built the we built the Lux OS, 

816
00:43:09,200 --> 00:43:13,100
platform to support. 
Yeah, kick it back over to you 

817
00:43:13,100 --> 00:43:14,100
Matt. 
Anything you want to add on 

818
00:43:14,100 --> 00:43:16,800
that. 
Yeah, there's one feature I 

819
00:43:16,808 --> 00:43:20,600
think my play here, so like I've
tuned in for a couple episodes 

820
00:43:20,600 --> 00:43:23,200
in the past for you guys, I know
you have been talking about 

821
00:43:23,200 --> 00:43:25,000
choke points. 
So, one of the things that's 

822
00:43:25,500 --> 00:43:30,500
kind of relevant here is like, 
if the on ramps are taken away 

823
00:43:30,500 --> 00:43:35,000
the only real other opportunity 
to get Bitcoin is by mining 

824
00:43:35,000 --> 00:43:39,400
right now. 
Not everyone can afford a s19 j 

825
00:43:39,400 --> 00:43:43,000
Pro by themselves, but if you 
want to pull in with a buddy and

826
00:43:43,000 --> 00:43:48,000
have a stream of SATs that, that
isn't necessarily kyc, you can 

827
00:43:48,000 --> 00:43:51,000
use this feature that we 
introduced where you can split 

828
00:43:51,000 --> 00:43:55,100
your hash rate. 
So I could add a pool here for 

829
00:43:55,100 --> 00:43:59,100
Bill and a pool here for me and 
we can split the hash rate at 

830
00:43:59,100 --> 00:44:01,200
the machine. 
So we can go halfsies on the, 

831
00:44:01,200 --> 00:44:04,000
the of the capex. 
And then let's say, someone has 

832
00:44:04,000 --> 00:44:08,500
an opportune purchase agreement 
for power, then they can host it

833
00:44:08,500 --> 00:44:11,700
at their house and mine. 
They're so like you have 

834
00:44:11,700 --> 00:44:14,200
different ways to do that and 
then you don't have to worry 

835
00:44:14,200 --> 00:44:16,200
about splitting out. 
The Bitcoin at the end, the hash

836
00:44:16,200 --> 00:44:19,100
rate just goes directly to your 
pool account, which looks our 

837
00:44:19,100 --> 00:44:22,000
offers a pool. 
So we'd be happy to host you 

838
00:44:22,008 --> 00:44:24,600
there. 
So it's a really neat feature 

839
00:44:24,600 --> 00:44:27,000
for for people who want to do 
some home mining, but don't 

840
00:44:27,000 --> 00:44:29,900
necessarily want to Fork out a 
couple grand for a minor by 

841
00:44:29,900 --> 00:44:33,400
themselves. 
Interesting very, very very 

842
00:44:33,400 --> 00:44:40,500
interesting stuff dude. 
I'm so glad that you know, I'm 

843
00:44:40,500 --> 00:44:45,800
so glad that that you guys are 
you guys said, don't you offer 

844
00:44:45,800 --> 00:44:49,400
hosting because one of the main 
questions and I would love for 

845
00:44:49,400 --> 00:44:52,100
you guys to elaborate a little 
bit more and dive deeper into 

846
00:44:52,100 --> 00:44:55,200
that because one of the one of 
the main issues that I always 

847
00:44:55,200 --> 00:44:59,700
get from, someone is hey I live 
in the UK electricity prices are

848
00:44:59,700 --> 00:45:03,200
too expensive, you know that, 
you know, I can't mind, but I 

849
00:45:03,200 --> 00:45:06,200
still want to get involved. 
So maybe you guys could talk a 

850
00:45:06,208 --> 00:45:08,400
little bit about what hosting 
is. 

851
00:45:08,800 --> 00:45:13,200
And what your offerings in that 
and that is that are just to 

852
00:45:13,200 --> 00:45:15,300
clarify. 
We don't actually offer hosting 

853
00:45:15,300 --> 00:45:19,500
Services, we have, oh, I miss 
her, I miss her, I miss her. 

854
00:45:19,600 --> 00:45:25,700
No, I mean, yes. 
So you could do like micro 

855
00:45:25,700 --> 00:45:29,200
hosting, like if you've got a 
buddy who has the power, I mean,

856
00:45:29,200 --> 00:45:32,500
like peer-to-peer hosting, not 
like the industrial hosting is 

857
00:45:32,500 --> 00:45:34,600
what this would enable. 
Okay. 

858
00:45:35,000 --> 00:45:37,200
Okay. 
But there are obviously hosts 

859
00:45:37,200 --> 00:45:41,200
out there. 
And so That boils down to trust 

860
00:45:41,200 --> 00:45:42,500
their important. 
Third party. 

861
00:45:44,400 --> 00:45:47,200
I'm drawing a blank here. 
But you understand like make 

862
00:45:47,200 --> 00:45:49,500
sure you monitor who you trust 
and in a conical. 

863
00:45:49,500 --> 00:45:52,000
Tomica got no worries. 
I must I must. 

864
00:45:52,200 --> 00:45:54,700
I must have misheard when I 
heard you say hosting. 

865
00:45:55,100 --> 00:45:58,400
So we work closely with a lot of
hopes will offer hosting 

866
00:45:58,400 --> 00:46:01,000
directly meeting. 
We don't own any infrastructure 

867
00:46:01,000 --> 00:46:03,500
like that and offer it directly 
through luck sir. 

868
00:46:03,600 --> 00:46:06,700
But we also have great 
partnership with a lot of really

869
00:46:06,700 --> 00:46:08,800
high quality hosts hosts. 
That we've worked with a lot in 

870
00:46:08,808 --> 00:46:11,400
the past and while master 
totally, right. 

871
00:46:11,400 --> 00:46:13,400
That, you know, if you don't 
have your, if you don't have 

872
00:46:13,600 --> 00:46:17,500
Physical access to your machine.
Not you're not your hash, not 

873
00:46:17,500 --> 00:46:20,800
your host, not your hash but we 
do work with some really high 

874
00:46:20,800 --> 00:46:23,200
quality host, that we do have a 
lot of trust in. 

875
00:46:23,500 --> 00:46:26,500
And so if anybody is here, 
looking for some hosting or 

876
00:46:26,500 --> 00:46:28,600
wants to chat about like 
different hosting options, we 

877
00:46:28,600 --> 00:46:32,000
have a lot of options available,
both in the US, Canada some 

878
00:46:32,000 --> 00:46:35,400
Latin American locations and, 
you know, working on some Asian 

879
00:46:35,400 --> 00:46:37,200
locations. 
But generally those, we try to 

880
00:46:37,200 --> 00:46:39,300
stick to the Western Hemisphere.
It's just what we do best. 

881
00:46:39,300 --> 00:46:41,700
Oh, interesting. 
Yeah, very very cool. 

882
00:46:41,700 --> 00:46:44,000
Very, very cool guys. 
It sounds and Have you. 

883
00:46:44,000 --> 00:46:47,600
I've used your guys's Asic desk 
before as well as a purchase 

884
00:46:47,600 --> 00:46:48,800
minors. 
Why do you talk a little bit 

885
00:46:48,800 --> 00:46:54,000
about that? 
Yeah, so we actually. 

886
00:46:54,000 --> 00:46:58,000
So we've got into brokerage 
mining Machines, Mighty Machine 

887
00:46:58,000 --> 00:47:00,200
Sales which we call a six 
trading because we view them as 

888
00:47:00,200 --> 00:47:03,400
an asset and that they we try to
think of them as a liquid asset.

889
00:47:03,400 --> 00:47:06,900
Meaning they can be readily 
bought and sold the same way you

890
00:47:06,900 --> 00:47:11,800
buy any liquid liquid commodity 
asset similar to or oil, or 

891
00:47:11,800 --> 00:47:15,400
corn, or gold, or whatever. 
So, we view them as an asset, so

892
00:47:15,400 --> 00:47:17,800
we call it the AC trading desk, 
underneath the hood. 

893
00:47:17,800 --> 00:47:20,000
That looks a lot like machine 
brokerage, which is, you know, 

894
00:47:20,400 --> 00:47:24,300
finding a buyer And lining up a 
seller that sort of thing. 

895
00:47:24,300 --> 00:47:28,400
But so we done that 
traditionally since 2021 as an 

896
00:47:28,400 --> 00:47:31,200
OTC desk mean we have somebody 
that you know somebody that's 

897
00:47:31,200 --> 00:47:35,200
Manning a telegram group or 
working at telegram group and 

898
00:47:35,200 --> 00:47:37,600
then when somebody says they 
want to buy, we go out and find 

899
00:47:37,600 --> 00:47:39,000
a seller or somebody wants to 
sell. 

900
00:47:39,000 --> 00:47:40,600
We go out and find a buyer that 
sort of thing. 

901
00:47:41,400 --> 00:47:45,200
But we have recently launched, 
what we call, our Luck's RFQ 

902
00:47:45,400 --> 00:47:48,800
looks a lot, you know, you can 
actually think of it like an 

903
00:47:48,800 --> 00:47:52,600
eBay for mining machines but The
reason we asked built that 

904
00:47:52,600 --> 00:47:56,200
instead of, you know, using eBay
or Amazon or whatever is because

905
00:47:56,200 --> 00:47:59,200
mining machine sales are 
actually quite unique. 

906
00:47:59,200 --> 00:48:02,300
They, you need a lot of times, 
you need to parse them up into 

907
00:48:02,300 --> 00:48:05,800
multiple buyers. 
If you have a big seller, like 

908
00:48:05,800 --> 00:48:09,500
we saw yesterday was a 15,000 
machine order, sell order. 

909
00:48:10,400 --> 00:48:13,300
And you need to most likely 
break that up into multiple 

910
00:48:13,300 --> 00:48:15,800
buyers, is a very rarely, are 
you going to find one single 

911
00:48:15,800 --> 00:48:17,800
buyer that's willing to take 
fifteen thousand machines? 

912
00:48:18,600 --> 00:48:21,100
We built this platform 
specifically for that. 

913
00:48:21,200 --> 00:48:24,600
To help make your to help make 
that easier for people to want 

914
00:48:24,600 --> 00:48:28,700
to buy into by machines. 
It's called RFQ, your RFQ Deluxe

915
00:48:28,700 --> 00:48:31,200
or attack and take a look. 
You, I is incredible. 

916
00:48:31,700 --> 00:48:35,700
Yeah, so that's that's kind of 
where we're at on brokers in the

917
00:48:35,700 --> 00:48:38,200
idea behind that is, it makes it
so much more scalable platform. 

918
00:48:38,200 --> 00:48:41,300
And it's also like the user 
experiences is a thousand times 

919
00:48:41,308 --> 00:48:43,300
better when you're using 
something like that. 

920
00:48:43,300 --> 00:48:46,000
Rather than having to like keep 
track of, you know, a bunch of 

921
00:48:46,000 --> 00:48:49,000
different telegram, chats or we 
chat groups or things like that.

922
00:48:49,600 --> 00:48:52,700
The OTC world is where a lot of 
These markets start to form like

923
00:48:52,700 --> 00:48:55,300
you know, almost pick my future 
started as OTC. 

924
00:48:55,300 --> 00:48:58,200
All of this stuff started OTC 
and then eventually it matures 

925
00:48:58,200 --> 00:49:01,900
into, you know, a more platform 
type project product similar to 

926
00:49:01,900 --> 00:49:05,100
what RFQ is now and that's 
really where we're at and it's a

927
00:49:05,100 --> 00:49:08,000
great it's a great platform and 
you know, I've I use it. 

928
00:49:08,000 --> 00:49:10,700
I was the first purchase the XP 
that I tested for more on. 

929
00:49:10,700 --> 00:49:13,700
I purchased through our of Q 
which was great. 

930
00:49:13,700 --> 00:49:19,100
So mad No, I've been checking it
out today. 

931
00:49:19,100 --> 00:49:21,100
I actually have a buddy who 
wanted to buy some basic. 

932
00:49:21,100 --> 00:49:25,500
So I put in an order for him, 
but yeah, it's pretty nifty, 

933
00:49:25,500 --> 00:49:27,200
like I just have it pulled up 
here on the screen. 

934
00:49:27,200 --> 00:49:31,500
I don't know if anyone can see 
it but yeah, it's eBay for Asics

935
00:49:31,500 --> 00:49:34,300
and it definitely provides a 
layer of trust. 

936
00:49:34,400 --> 00:49:36,200
All right guys, let's get to the
meme review. 

937
00:49:36,300 --> 00:49:38,300
Let's review some memes. 
Let's do it. 

938
00:49:41,000 --> 00:49:45,100
The daily meme review brought to
you by Kaboom racks. 

939
00:49:45,100 --> 00:49:46,600
I get this question all the 
time. 

940
00:49:46,600 --> 00:49:48,400
Nico. 
Where should I buy Bitcoin 

941
00:49:48,400 --> 00:49:50,200
miners. 
The answer is Kaboom racks. 

942
00:49:50,200 --> 00:49:52,800
It's the best place to buy 
Bitcoin miners. 

943
00:49:52,900 --> 00:49:55,300
That's where you're going to 
find the best deals and the best

944
00:49:55,300 --> 00:49:58,500
prices start. 
Your mining Utopia today to 

945
00:49:58,500 --> 00:50:01,800
check out their racks. 
You got to go to T dot me, slash

946
00:50:01,800 --> 00:50:04,400
Kaboom racks. 
Join their telegram group and 

947
00:50:04,400 --> 00:50:07,100
start your mining Journey today,
Kaboom racks. 

948
00:50:07,100 --> 00:50:09,300
All right, guys, this is the 
mean review. 

949
00:50:09,500 --> 00:50:12,200
This is your favorite portion of
the show, where you guys send us

950
00:50:12,200 --> 00:50:14,500
memes. 
We review then live. 

951
00:50:14,500 --> 00:50:17,800
And you guys give us your meme 
review scores in the chat. 

952
00:50:18,000 --> 00:50:20,700
So, before I finish the memes, 
drop your me. 

953
00:50:20,700 --> 00:50:23,500
Movie score in the chat. 
As we say, every single day, 

954
00:50:23,500 --> 00:50:26,300
tweet to the bullet to memes are
the artillery, it is our main 

955
00:50:26,300 --> 00:50:28,300
world and everyone else is just 
living in it. 

956
00:50:28,400 --> 00:50:32,500
As you can see, very clearly on 
today's episode, we are in an 

957
00:50:32,500 --> 00:50:35,600
information War and the powers 
that be do not want you to hold 

958
00:50:35,600 --> 00:50:36,900
Bitcoin. 
So, what are we going to do? 

959
00:50:37,000 --> 00:50:39,400
We're going to ridicule them in 
memes and we're going to stand. 

960
00:50:39,500 --> 00:50:44,400
Sad stay humble and spread the 
Bitcoin signal far and wide. 

961
00:50:44,500 --> 00:50:49,000
Anyways, I already told you guys
that today's mean review is just

962
00:50:49,000 --> 00:50:52,900
full of the Greenpeace skull 
meme. 

963
00:50:52,900 --> 00:50:56,600
So we're gonna go in. 
We're going to dunk on 

964
00:50:56,600 --> 00:50:59,600
Greenpeace, not the artist 
because he may have become 

965
00:50:59,600 --> 00:51:01,900
orange. 
Pilled, he did a great piece, 

966
00:51:02,800 --> 00:51:05,600
but we're going to ridicule 
Greenpeace while we do it. 

967
00:51:05,600 --> 00:51:09,700
Anyways, this first meme is by 
at their Gigi, or I'm not 

968
00:51:09,700 --> 00:51:13,000
exactly sure if this is actually
at their GG because he was just 

969
00:51:13,000 --> 00:51:15,200
reposting. 
All of these Green School memes 

970
00:51:15,200 --> 00:51:18,800
but I really like this one and 
it goes this kid is looking at 

971
00:51:18,800 --> 00:51:22,300
his future and need sunglasses 
because it's so fucking bright. 

972
00:51:22,300 --> 00:51:25,300
And we got the kid here going. 
Thank God, Grandpa converted 

973
00:51:25,300 --> 00:51:28,100
Fiat to bitcoin and the younger 
little brother going. 

974
00:51:28,100 --> 00:51:32,700
What's Fiat as he looks at the 
green skull with nuclear power 

975
00:51:32,700 --> 00:51:35,500
plant on his head. 
Anyways, this next one is by 

976
00:51:35,500 --> 00:51:38,600
bikes and Bitcoin, shouts out to
you but only goes Bernice at 

977
00:51:38,600 --> 00:51:41,600
monster. 
Leaving the typos in, and we got

978
00:51:41,600 --> 00:51:45,200
the, the Bernie Sanders meme. 
But of course, we got the green 

979
00:51:45,200 --> 00:51:48,600
skull on his head and he goes, I
am once again, asking for your 

980
00:51:48,600 --> 00:51:51,500
excess and waste energy to 
secure the net. 

981
00:51:51,500 --> 00:51:56,700
O'roarke the network, okay. 
This next one is by RT, B, TC. 

982
00:51:56,700 --> 00:51:59,600
And he goes well, well, well 
hashtag who paid you. 

983
00:51:59,600 --> 00:52:03,500
Hashtag Fudd at Greenpeace, a 
triple and we got the Scooby-Doo

984
00:52:03,500 --> 00:52:07,600
meme where he pulls off the 
villains mask and the villains. 

985
00:52:07,600 --> 00:52:11,200
Mass is the green. 
Cool and under the mask. 

986
00:52:11,200 --> 00:52:15,100
Oh, what do we find? 
It is the Ripple logo because 

987
00:52:15,200 --> 00:52:18,500
this is all fun paid for by the 
Ripple foundation. 

988
00:52:18,500 --> 00:52:21,400
And on that point, we got this 
mean by world of Rusty. 

989
00:52:21,600 --> 00:52:25,200
And again, it's the little kid 
looking at the green skull Meme.

990
00:52:25,200 --> 00:52:28,000
And he goes, wow, Ripple 
finally, produce something of 

991
00:52:28,000 --> 00:52:30,000
value. 
It's a beautiful piece of art, 

992
00:52:30,000 --> 00:52:31,200
that was supposed to fund 
Bitcoin. 

993
00:52:31,200 --> 00:52:34,600
But hey, it is how I mean world 
and we are taking this is mine. 

994
00:52:34,600 --> 00:52:37,100
Now, this is mine. 
Now anyways, this next meme is 

995
00:52:37,100 --> 00:52:38,900
buy. 
Bitcoin are log. 

996
00:52:39,600 --> 00:52:42,400
Otherwise known as John karbala 
and he goes all your inflation 

997
00:52:42,400 --> 00:52:45,600
are belong to us and we got the 
green skull. 

998
00:52:45,600 --> 00:52:49,300
And again, with the saying, all 
your inflation are belong to us,

999
00:52:49,300 --> 00:52:53,200
if, you know, you know, to play 
on a classic, they claiming this

1000
00:52:53,200 --> 00:52:57,200
next one is by at huddle South, 
and it's the classic come on, do

1001
00:52:57,200 --> 00:53:00,700
something mean. 
But instead today, we have the 

1002
00:53:00,700 --> 00:53:04,800
guy poking, the green school and
the guy has the Ripple logo on 

1003
00:53:04,800 --> 00:53:06,700
his chest. 
And he's pokes, a green school 

1004
00:53:06,700 --> 00:53:08,900
and goes, come on, spread some 
Fudd. 

1005
00:53:09,400 --> 00:53:13,100
The flood backfired because we 
just took it and this is mine. 

1006
00:53:13,100 --> 00:53:16,300
Now anyways, this next meme is 
by Lena see Shane she goes I 

1007
00:53:16,300 --> 00:53:19,900
love bitcoiners and we got a 
little hot ler, comic strip here

1008
00:53:20,300 --> 00:53:23,700
and the first box goes what can 
I do to make Bitcoin look evil 

1009
00:53:23,700 --> 00:53:25,900
and scary? 
And he thinks a little more and 

1010
00:53:25,900 --> 00:53:29,600
he goes I'm going to commission 
some epic anti Bitcoin art. 

1011
00:53:29,800 --> 00:53:33,400
And then the next box we got the
green skull. 

1012
00:53:34,000 --> 00:53:36,400
And we got a big Corner going. 
Whoa, what's that? 

1013
00:53:36,500 --> 00:53:39,300
And then the guy goes, this is a
symbol of Bitcoins evil. 

1014
00:53:39,500 --> 00:53:43,400
Energy, use and ocean boiling 
and every Bitcoin ago, this is 

1015
00:53:43,400 --> 00:53:45,100
so cool. 
Look at the laser eyes, it's 

1016
00:53:45,100 --> 00:53:47,400
just bad ass. 
And then he got, hold on, you're

1017
00:53:47,400 --> 00:53:50,400
not supposed to like it. 
It's Howard mean world. 

1018
00:53:50,400 --> 00:53:53,600
And this is where we are today. 
If you are out there on Twitter 

1019
00:53:53,600 --> 00:53:57,800
today, I'm sure that your 
timeline is just full of a bunch

1020
00:53:57,800 --> 00:54:00,700
of green schools. 
And this last one is buy 

1021
00:54:00,700 --> 00:54:03,300
Bitcoin, scoresby. 
And I really love this one 

1022
00:54:03,300 --> 00:54:08,600
because, hey, we're not just 
going to ridicule the Greenpeace

1023
00:54:08,900 --> 00:54:10,400
fun. 
The campaign. 

1024
00:54:10,600 --> 00:54:12,100
We're going to drop a little 
truth on there. 

1025
00:54:12,100 --> 00:54:16,700
So this is a picture of a money 
printer and it's got the Bitcoin

1026
00:54:16,700 --> 00:54:19,800
logo and it goes, hey 
Greenpeace, people can't save 

1027
00:54:19,800 --> 00:54:22,400
the planet if they can't save 
for the future, change the 

1028
00:54:22,400 --> 00:54:27,300
money, not the code. 
I felt that one. 

1029
00:54:27,300 --> 00:54:31,500
That was, that was a solid one. 
Anyways, Drop Your Meme review 

1030
00:54:31,500 --> 00:54:35,200
score in the chat as we Covers 
hours live. 

1031
00:54:35,300 --> 00:54:38,000
Oh yeah, I got my score already.
I don't know if I'm given this 

1032
00:54:38,000 --> 00:54:38,900
one yet. 
Nico. 

1033
00:54:39,400 --> 00:54:42,800
Actually, I may have given it 
already so I'm going to do it 

1034
00:54:42,800 --> 00:54:45,800
twice. 
I'm going to give the st. 

1035
00:54:45,800 --> 00:54:49,700
Op T. 
What do you call these things 

1036
00:54:50,400 --> 00:54:54,600
table saver? 
But with the mug, the set, 

1037
00:54:55,700 --> 00:54:59,000
Shoutout to extend MOS. 
You're muted. 

1038
00:54:59,000 --> 00:55:00,100
You mean it? 
Hold on, hold on. 

1039
00:55:00,300 --> 00:55:02,700
There we go, I'm meet me. 
I'm going to give it. 

1040
00:55:03,600 --> 00:55:06,000
A bit plates, Domino. 
The plates are designed to 

1041
00:55:06,000 --> 00:55:08,100
preserve Bitcoin wallets and 
purses and Pad. 

1042
00:55:08,300 --> 00:55:11,300
Passphrase is made from highly 
corrosion-resistant 316 marine 

1043
00:55:11,300 --> 00:55:13,700
grade stainless steel offering 
the ultimate protection against 

1044
00:55:13,700 --> 00:55:15,500
extreme temperatures, 10% off 
bit. 

1045
00:55:15,500 --> 00:55:18,200
Plates using promo code simply. 
That's my score. 

1046
00:55:18,800 --> 00:55:20,700
Boom, boom. 
Nope score. 

1047
00:55:20,700 --> 00:55:23,100
Let me go get it one sec. 
Okay. 

1048
00:55:24,900 --> 00:55:30,800
Matt why don't you give a score 
while Nick gets his score upside

1049
00:55:30,800 --> 00:55:37,500
down looks OS and A good one. 
I was going to say mine is the 

1050
00:55:37,508 --> 00:55:39,100
favorite but that was a pretty 
damn good one. 

1051
00:55:40,700 --> 00:55:52,300
I got the same one, what is it? 
It's the bond order 69 420. 

1052
00:55:52,500 --> 00:55:55,800
Yeah this is an incredible piece
of art by a friend of mine. 

1053
00:55:55,800 --> 00:55:59,400
Tommy we're dick when magazine 
artist actually describe this. 

1054
00:55:59,900 --> 00:56:02,500
This thing is freakin cool. 
I just got it so it's not framed

1055
00:56:02,500 --> 00:56:04,800
yet but This is going to be 
sitting up here somewhere. 

1056
00:56:04,800 --> 00:56:07,000
On this wall behind me. 
Is this is like one of my new 

1057
00:56:07,000 --> 00:56:08,500
favorite pieces of art. 
Yep. 

1058
00:56:08,500 --> 00:56:10,100
Yeah, I literally I got the same
one. 

1059
00:56:10,100 --> 00:56:12,700
I literally got the same one. 
He was, you know, the Tommy made

1060
00:56:12,700 --> 00:56:17,500
a couple, the original art piece
by the ways hanging and Bitcoin 

1061
00:56:17,500 --> 00:56:21,500
Park in Nashville, Tennessee. 
It's huge and it looks awesome. 

1062
00:56:21,700 --> 00:56:26,100
Anyways, guys before we get to 
the meme scores, I want to give 

1063
00:56:26,100 --> 00:56:28,700
a shout out to her awesome 
clothing sponsor opt he's get a 

1064
00:56:28,708 --> 00:56:33,200
model represent LTD.com Opti 
showed off bro. 

1065
00:56:33,400 --> 00:56:36,500
Others showed off, showed off, 
you can use promo code simply 

1066
00:56:36,600 --> 00:56:38,700
Dash Bitcoin, get yourself a big
discount. 

1067
00:56:38,700 --> 00:56:40,900
I'm wearing the simply Bitcoin 
merch. 

1068
00:56:41,100 --> 00:56:43,600
It's sold out but I think 
there's some T-shirts left. 

1069
00:56:43,600 --> 00:56:47,700
Get it while supplies laughs 
last represent LTD.com promo 

1070
00:56:47,700 --> 00:56:49,300
code simply. 
Anyways. 

1071
00:56:49,300 --> 00:56:51,600
Opti let's get through this. 
Get to some scores. 

1072
00:56:54,500 --> 00:56:58,000
That's what I'm putting this one
in Hindi controlling himself on 

1073
00:56:58,000 --> 00:57:00,700
this one meme score. 
Shout out for the two guys 

1074
00:57:00,700 --> 00:57:03,200
talking about cool. 
Nifty eBay for racks, just 

1075
00:57:03,200 --> 00:57:06,600
before kabu, racks commercial, 
kind of fits to the Satoshi 

1076
00:57:06,600 --> 00:57:11,500
skull story. 
Hey, come, come boomboxes do. 

1077
00:57:11,500 --> 00:57:12,900
But I don't know what you guys 
are talking about. 

1078
00:57:13,000 --> 00:57:15,800
The p man van. 
I give those memes Garlin house,

1079
00:57:15,800 --> 00:57:19,000
looking at the Greenpeace logo 
as his shit. 

1080
00:57:19,000 --> 00:57:21,500
Coin goes down. 
All right, next one. 

1081
00:57:22,800 --> 00:57:24,400
All right, the coin. 
Becca. 

1082
00:57:24,400 --> 00:57:25,900
Wait. 
I revise my score? 

1083
00:57:25,900 --> 00:57:28,500
I give those memes. 
A Greenpeace sponsorship. 

1084
00:57:28,500 --> 00:57:34,100
Very very nice Fields score. 
I'm changing the code running 

1085
00:57:34,100 --> 00:57:35,900
Greenpeace. 
Very, very nice. 

1086
00:57:36,400 --> 00:57:38,300
Very, very nice. 
All right. 

1087
00:57:38,900 --> 00:57:42,200
Next one score. 
Now also Undead have laser eyes,

1088
00:57:42,200 --> 00:57:44,700
very, very nice. 
Next one under this. 

1089
00:57:44,800 --> 00:57:48,500
I give the memes a Greenpeace, 
hard Bitcoin for coins to dump 

1090
00:57:48,500 --> 00:57:50,900
on the trade, fight World Rose. 
Okay. 

1091
00:57:51,300 --> 00:57:54,900
I think the These are scores but
they're just words so Stone 

1092
00:57:54,900 --> 00:58:00,200
toasters, very very nice. 
Next 18 my daughter got micro 

1093
00:58:00,500 --> 00:58:04,400
very nice, deep red more 
heaters. 

1094
00:58:04,400 --> 00:58:06,200
Okay. 
Okay we're done, we're done, 

1095
00:58:06,200 --> 00:58:07,900
we're done with the scores guys.
Thank you. 

1096
00:58:07,900 --> 00:58:10,300
So wait, wait wait, wait one 
more, one more one more planet 

1097
00:58:10,300 --> 00:58:12,700
Earth, planet. 
Earth meme score. 

1098
00:58:12,700 --> 00:58:15,800
An army of autistic bitcoiners. 
Not giving a full cup. 

1099
00:58:15,900 --> 00:58:18,100
Okay. 
Very very, very nice. 

1100
00:58:18,100 --> 00:58:20,800
Alright guys, thank you so much 
for tuning in to another episode

1101
00:58:21,000 --> 00:58:24,100
of A Bitcoin live. 
I want to give a shout-out to 

1102
00:58:24,100 --> 00:58:26,500
our awesome guest from Luxor, 
Nick, and Matt. 

1103
00:58:26,500 --> 00:58:27,800
Thank you so much for joining us
today. 

1104
00:58:27,800 --> 00:58:30,200
Bros. 
Thanks for having us. 

1105
00:58:30,400 --> 00:58:32,500
Really appreciate you guys 
coming guys. 

1106
00:58:32,600 --> 00:58:34,300
Go ahead, Nick. 
Appreciate it. 

1107
00:58:34,300 --> 00:58:36,400
Thanks guys. 
Everyone go go follow, Matt. 

1108
00:58:36,400 --> 00:58:39,100
He's actually quite quite good 
at Twitter. 

1109
00:58:39,400 --> 00:58:42,300
Oh, okay. 
Hell yeah. 

1110
00:58:42,700 --> 00:58:44,800
Alright guys, love you all. 
Thank you so much for tuning in 

1111
00:58:44,800 --> 00:58:46,300
to another episode of Simply 
Bitcoin live. 

1112
00:58:46,300 --> 00:58:48,900
We will see you Monday, 12:15 
p.m. 

1113
00:58:48,900 --> 00:58:51,100
Eastern Standard Time for 
another episode. 

1114
00:58:51,200 --> 00:58:52,600
Love you all. 
Enjoy your weekend. 

1115
00:58:52,600 --> 00:59:04,400
Peace out. 
Let's go. 

1116
00:59:10,600 --> 00:59:17,700
All right, is this over? 
Yeah, believe so I think we jump

1117
00:59:17,700 --> 00:59:20,800
over two spaces. 
No, no guys, stay safe. 

1118
00:59:20,800 --> 00:59:22,600
Stay for a second. 
It's just a hot right now 

1119
00:59:22,600 --> 00:59:23,700
because I haven't end of the 
screen. 

1120
00:59:24,400 --> 00:59:35,200
Hot mic There's a bit of a delay
just like, 30, 30 SEC, know, 

1121
00:59:35,200 --> 00:59:36,700
there's a, there's a delay on 
the screen. 

1122
00:59:36,700 --> 00:59:37,500
Give it 30 seconds.
