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All right. 
Hey everyone, this is Bum 

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Konstein and you're listening to
Bitcoin for Millennials. 

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Together with my guests on this 
podcast, I go on a journey to 

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discover how our current 
financial system works, why it's

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flawed, and why Bitcoin is the 
most relevant technology that 

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you should understand and adopt.
In this episode, I'm joined by 

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Michael Dunworth. 
He's the Co founder of Wire 

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Payments and the brother of 
Peter Dunworth, who was a guest 

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in my second episode. 
So check that out if if you 

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didn't yet. 
And in my opinion, you know, 

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Michael, you're one of the 
craziest and smartest brains 

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that I follow in this space. 
And so I'm really looking 

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forward to our conversation. 
I mean, you're into mathematics,

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cryptography, thermodynamics all
at the same time. 

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So I think this conversation 
will probably fry my brain, but 

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I'm super happy that you're 
here. 

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So thanks for coming. 
On too. 

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So let's get it going. 
Thanks so much for having me. 

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I really appreciate it. 
Thanks for coming on, man. 

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I love we just talked off Mike. 
Like, I love that when you talk 

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to other people who are into 
Bitcoin and who get it like you 

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just connect on a certain level 
despite your experience or 

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skills or personal other 
interests, and that's just super

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fun. 
And you know what? 

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I reckon that this is gonna be 
like, Let's say Bitcoin does 

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what it's. 
What we think it can do, right, 

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which is, you know, become the 
biggest, the coolest, the 

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whateverest thing in the world, 
like everyone is gonna go 

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through. 
You know, we talked about these 

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transformations that the mind 
goes through as you start 

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observing Bitcoin more and more 
in its behaviour. 

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And it's like the it's like when
you stare in like staring into 

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the orb or the abyss, it starts 
staring back at you almost and 

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you start picking up its 
identity. 

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In a way I feel like because 
like. 

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If you praise your money and you
love, like if we've been 

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conditioned to love money and 
need money and only want to get 

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money and all that, well, if a 
really damn good money comes 

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along, we can't break it. 
We didn't make it. 

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So we're probably going to start
worshipping it. 

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Like that's basically what 
happens with the sun. 

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Like we worship the sun because 
it's a really big energy thing 

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that we can't control. 
So because we can't control it, 

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every person from ancient 
Egyptians to everyone, we all 

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worship the sun now. 
Now we have a modern day version

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of worshipping it which is 
called oh you know, stare at the

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Sun, you got Andrew Huberman and
all the podcasts about. 

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How healthy sunlight is. 
You know you've got sunlight is 

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now not considered, you know, a 
vitamin. 

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It's considered a hormone almost
because it's like we're thinking

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sunlight is so astronomically 
good for us so our understanding

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of everything is changing. 
But but I I find like Bitcoin 

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will do it changes us because 
the highest energy source of 

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anything. 
It's like we subconsciously as 

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humans, right. 
If you walk past a really tall 

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building, you go whoa. 
You think your brain said, hey 

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look up and look at that. 
No, no, no, that's what's 

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happening. 
Your brain is the gravity of 

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that building is pulling your 
head towards it. 

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True story. 
In the same way, when we when we

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see energy being displaced, our 
our senses are there to pick 

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that up as a defence mechanism 
and as an intelligence 

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mechanism. 
So our our mind and the sun is 

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the ultimate source of of energy
for life then? 

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Right. 
It's absolutely it's that we 

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cannot nothing happens here 
unless that guy still wakes up 

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for work. 
Kind of. 

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That guy. 
Meaning the same? 

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Exactly. 
So two things today I saw. 

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There's plans to spray shit in 
the air to block the sunlight 

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for climate change or whatever. 
I think we can both agree that's

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the stupidest thing. 
Here's the. 

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Thing. 
You know what? 

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I've got a thing on climate 
change, right? 

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Hey, everyone's like climate 
change is bullshit. 

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And I'm like. 
No, it's not. 

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It is 100% real. 
But our understanding of why it 

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occurs is way off. 
I think like if you think of the

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earth right, like every time we 
go, every Tesla car or whatever 

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it is, it's got to have cobalt 
and like that in it. 

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Cobalt is this big active 
ingredient that we're trying to 

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get away from because it's the 
core of all the lithium ion 

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batteries. 
You've got little 4 year olds 

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mining in the Congo and all that
$5 a year, like all that shit. 

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It's horrible. 
That's the source of. 

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Renewable battery power for the 
most part. 

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And so that's not renewable. 
That's like a subsidy from the 

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earth. 
Like if you think about it, 

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because we need, it's not 
indefinite, like it's not a 

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solution. 
So we think about that. 

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It's like it will run out and so
now we'd like electricity and 

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stuff. 
We're sort of, when we're 

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busting up if the Earth is a 
giant magnet flying through 

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space, right? 
Imagine the magnetic field 

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wrapping around it like a comet 
tail. 

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Mm hmm. 
If you're busting up that 

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magnet, like imagine I gave you 
a handheld pool ball that's that

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big and it's a magnet, and then 
you start whacking it with a 

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hammer and little ching Ting 
Ting, its magnetic field will 

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change. 
You know, like you can know that

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like if I had two broken 
magnets, it's going to have a 

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different magnetic field. 
So our Earth is like this ball 

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and we're busting the crust up, 
which changes the magnetic 

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composition of this metal ball. 
And I think that would be 

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something that fucks with the 
weather because the weather is 

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responsible. 
The weather is a product of the 

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magnetic field of the Earth. 
So I would have thought that 

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that was a thing. 
But either way, I think it's 

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mindful for like we need to be 
mindful like, you know. 

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Everything changed. 
Like when we make subtle changes

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in in our in our ecosystems, it 
has astronomically wild effects.

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So you know, we've we've seen 
things where it's like you take 

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one small bug out of a 
ecosystem, Yeah, yeah, whole 

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ecosystem collapses in like 5 
years and you don't. 

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Or I didn't realize that this 
dude ate him, and then on 

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weekends the other bugs ate him 
and you know. 

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Just understanding the broad 
strokes of the system first 

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before we kind of jump into 
anything. 

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And that's why I think, like the
whole climate change thing right

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now, it just looks like noise to
print, like, to print more 

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money. 
Like what I find fascinating is 

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that literally what you just 
said, Like everything is 

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connected. 
It's so intricate, right? 

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There is roots from the Amazon 
when mixed together they work on

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receptors in our body and like 
original penicillin came from 

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fungi or mycelium and stuff, 
stuff like that and and then 

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maybe that's a nice leeway 
Segway into money. 

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I feel that because well at 
least talking for the western 

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world, right, because we have 
quote UN quote money and we are 

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quote, UN quote rich, we can 
change and do anything. 

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I feel like that is you know 
like the the way that people 

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started operating and therefore 
even though currently you know 

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the money is broken as as as we 
both think and of course is what

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we talked about here on the on 
the podcast. 

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We still believe that. 
We still think that we can 

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change nature or how nature 
works and with all the 

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intricacies that we can change 
that with our broken 

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manufactured money, like it's so
spiritually. 

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Flawed in a sense. 
It is so flawed. 

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Like it is so flawed. 
And let me just say something 

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like it's yeah, our money is is 
so broken. 

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Like it's just. 
It's so unnatural. 

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That's it. 
It's unnatural. 

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It's made made-up and. 
I don't blame anyone by the way,

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because you've got to think if 
you met someone from 1985 today,

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they would be like if a 50 year 
old man, the smartest 50 year 

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old man from 1985, showed up and
spoke to a 15 year old today. 

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The 15 year old would probably 
have the same amount of 

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information that the guy in 1985
had. 

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Just information propagation is 
astronomically high. 

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So we know all the answers 
pretty quickly soon. 

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So you look at that, They 
constructed an old monetary 

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system. 
Look, they had a crack everyone.

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Like we said before the podcast,
no one asked to be born. 

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Everyone got born without 
choice. 

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So those guys came into a system
and they built it up and to be 

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honest, that's the system that 
they won the game. 

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They winning the game, right? 
Like but. 

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I think it's important to think 
like, well, what can happen 

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after the game because money's 
not the end of it. 

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Money. 
You can't ever finish at money. 

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Like life doesn't finish at 
money, because we're an energy 

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field, so money's not even in 
the equation. 

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Money we only invented because 
we don't have infinite energy. 

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Money is a way to break down the
finite amounts of energy that we

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have on this planet and divvy 
them up by and create an 

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economy. 
So I think right now it's like 

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that money. 
It's the money is the tail 

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wagging the dog, meaning it's 
influencing everything else. 

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When everything else in your 
life should influence the money 

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you spend, it's actually the 
money is influencing everything 

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you're doing. 
Wise, yeah. 

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Because money. 
Money is hard. 

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Like money is like a video game 
and you've got to keep playing 

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it to. 
Basically, stay in the game and 

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unless you hit it out of the 
park really early, it's like 

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this perpetual motion machine. 
It feels like it's like why do, 

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why would I? 
It's like imagine you'd go and 

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buy a toaster and well, I don't 
know how to give it an example, 

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but it just sort of is like a 
hamster wheel. 

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It's like there's no disc. 
It talks about it off Mike like 

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how you are put in a box and you
can only and in the box you have

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to accumulate the money or 
something but and once you have 

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enough whatever is enough for 
anyone you can escape the box 

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and then you have the time to 
because maybe this is dramatic 

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but like really be yourself or 
you know as as. 

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We don't even being dramatic at 
all. 

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Absolutely think about every. 
Let's imagine that thoughts, you

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know, thoughts create reality 
and stuff. 

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And every thought that I have 
produces an action that I'll do.

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So let's add the every single 
thought up in my life of. 

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Doing anything. 
It's like, how many of those do 

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you think money had to be 
considered in that thought? 

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Oh, oh man, you'll come meet me 
and hang out or let's go on a 

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holiday or let's eat dinner or 
let's go there, anything. 

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And it's like, if you take it 
out and it's like, hey dude, 

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imagine having every single 
thought and money you didn't 

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have to think about. 
It's like, yeah, whoa. 

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It's like, oh, that's a great 
segue. 

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That's a great segue. 
To filter, You can watch 

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everything in life now. 
From a different lens and it's 

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like and so Bitcoin gives you 
that certainty of money. 

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It's almost like buying. 
Well, it removes the lens 

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actually. 
Power generator. 

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It feels like an unbreakable 
power generator in for my home, 

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which means I'm not going to 
have to think or worry about 

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will my home have power so you 
don't have a lens anymore? 

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There's no lens. 
There's no lens. 

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There's no lens because the 
layer on which you operate. 

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Yeah. 
Fair. 

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Yeah. 
And that little box, like when 

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we're talking about you being 
put in a box, it's like you come

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out of, you know, your mum's 
vagina or whatever, and you go 

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straight into this box which 
says, hey, I need you paying 

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taxes, I need you getting smart,
I need you figuring out how to 

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add value to this place of a 
planet. 

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And so you're kind of like the 
whole way that box, when you say

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you will escape money if you 
have enough. 

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The problem is that box is only 
you're jumping out of this Money

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Box, right? 
That you get put in that box is 

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only as high as you say it is. 
And most people don't even set a

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definition on how high it is, 
which meant what I'm getting at 

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is the metaphor is sort of if 
you don't have a destination of 

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how much money you want to make 
or whatever, then you are never 

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going to finish making money. 
You're you're you're driving 

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around circles in the track and 
let me tell you, it's like 

227
00:11:14,760 --> 00:11:17,200
beyond money. 
Not that I know I'm, I'm going 

228
00:11:17,200 --> 00:11:19,320
to, you know, it's not like 
money's finished for me, but 

229
00:11:19,320 --> 00:11:21,440
Bitcoin finishes money for me 
because I can't. 

230
00:11:21,440 --> 00:11:24,840
I just can't see. 
How it doesn't do that for 

231
00:11:24,840 --> 00:11:26,520
everyone. 
So I'm sort of backing that. 

232
00:11:26,520 --> 00:11:28,360
I'm taking a leap of faith on 
that, obviously. 

233
00:11:29,160 --> 00:11:32,120
But in the same way it's like, 
you know, if you don't set the 

234
00:11:32,120 --> 00:11:35,720
goal of what is enough, then you
won't ever have a goal, then you

235
00:11:35,720 --> 00:11:38,040
won't ever have enough. 
So you know, comparison is the 

236
00:11:38,080 --> 00:11:40,840
thief of joy. 
Which means if I'm always 

237
00:11:40,840 --> 00:11:44,200
chasing, if my goal in life is 
to be better than that nemesis 

238
00:11:44,200 --> 00:11:46,560
that I've had then. 
I'm just going to keep, you 

239
00:11:46,560 --> 00:11:49,320
know, you buy, you buy the 
house, you buy the car, you do 

240
00:11:49,320 --> 00:11:50,760
this, you do that. 
And it's like you've been 

241
00:11:50,760 --> 00:11:52,080
comparing yourself to someone 
else. 

242
00:11:52,080 --> 00:11:54,960
It's like, no, no, no. 
Set a number on what's enough 

243
00:11:54,960 --> 00:11:58,320
for you and then go pursue all 
the other passions. 

244
00:11:58,320 --> 00:12:01,720
Money is like this weird cock 
block that's come into your life

245
00:12:01,720 --> 00:12:05,200
at age 15 and now it's leaving. 
But I think that's really 

246
00:12:05,200 --> 00:12:07,080
important for people to have 
that reset moment. 

247
00:12:07,080 --> 00:12:08,360
I think it's even more 
important. 

248
00:12:08,360 --> 00:12:12,560
It's really actually quite sad 
is that nowadays in our life 

249
00:12:12,560 --> 00:12:15,080
it's like most people if you go 
up to them and say. 

250
00:12:15,760 --> 00:12:18,720
I can give you, let's say, 200. 
I'll solve money for you, $200 

251
00:12:18,760 --> 00:12:21,120
million. 
You get and you get 3-4 years, 

252
00:12:21,120 --> 00:12:23,440
$200 million. 
Your infinite amount of money. 

253
00:12:24,360 --> 00:12:26,320
Go do every single thing you 
need to do. 

254
00:12:26,600 --> 00:12:28,520
Oh, I need to do this. 
I need to, I need to fly to 

255
00:12:28,520 --> 00:12:30,240
Norway. 
I need to see the Northern 

256
00:12:30,240 --> 00:12:33,240
Lights, Antarctica. 
Tick every motherfucking box, 

257
00:12:33,240 --> 00:12:34,640
bro. 
Every single box. 

258
00:12:35,080 --> 00:12:38,040
Now. 
Now you are 40 years old. 

259
00:12:38,120 --> 00:12:40,120
You've had four years doing 
whatever you ticked. 

260
00:12:40,120 --> 00:12:43,480
Every box. 
The Earth still has 40 years 

261
00:12:43,480 --> 00:12:45,920
left for you. 
What are you going to get done 

262
00:12:45,920 --> 00:12:49,400
now? 
And now that is, that's when it 

263
00:12:49,400 --> 00:12:50,920
starts. 
You know Mark Twain, Great 

264
00:12:50,920 --> 00:12:52,160
quote. 
I think it's Mark Twain. 

265
00:12:52,720 --> 00:12:54,440
Two most important days of your 
life. 

266
00:12:54,440 --> 00:12:56,760
The day you're born and the day 
you find out why. 

267
00:12:57,040 --> 00:13:01,320
And it's sort of that's where 
you go when you, if you can, 

268
00:13:01,320 --> 00:13:05,760
finish money and get your mind 
to a place of creativity. 

269
00:13:06,320 --> 00:13:09,520
This isn't hogwash bullshit. 
Yeah, yeah, finger painting. 

270
00:13:09,880 --> 00:13:12,800
I mean like every person is a 
superhero. 

271
00:13:13,200 --> 00:13:15,760
Every single one of us. 
Like, not even like a oh, yeah, 

272
00:13:15,760 --> 00:13:16,680
they really. 
No, no, no. 

273
00:13:17,200 --> 00:13:19,960
Everyone has the Michael Jordan 
of something. 

274
00:13:19,960 --> 00:13:22,360
Everyone is the Michael Jordan 
of something or the Tiger Woods 

275
00:13:22,360 --> 00:13:24,640
of something, like. 
But the problem is when there's 

276
00:13:24,640 --> 00:13:28,120
so much noise in your life, 
because every decision is being,

277
00:13:28,120 --> 00:13:31,040
you know, filtered by noise and 
ads and money and this pressure 

278
00:13:31,040 --> 00:13:32,720
and stress and cortisol levels 
and all this year. 

279
00:13:33,320 --> 00:13:35,280
You forget what your Michael 
Jordan can be. 

280
00:13:35,360 --> 00:13:38,240
You forget who you can be the 
Michael Jordan of or what you 

281
00:13:38,240 --> 00:13:41,040
can be the Michael Jordan 
because you have forgot your 

282
00:13:41,040 --> 00:13:43,800
dreams. 
And so I think it's important 

283
00:13:43,800 --> 00:13:46,560
like, you know, the best 
dreamers are the kids. 

284
00:13:46,640 --> 00:13:50,160
And so if we always think back 
like, well, who was I when I was

285
00:13:50,160 --> 00:13:51,880
little? 
What did I like or why did I 

286
00:13:51,880 --> 00:13:54,640
like it? 
And you know, I've found heaps 

287
00:13:54,640 --> 00:13:57,880
of interesting stuff when I sort
of did that journey myself when 

288
00:13:57,880 --> 00:14:00,360
I I was. 
I moved back during COVID. 

289
00:14:00,360 --> 00:14:03,400
I was just a bit wobbly. 
So like after moving back from 

290
00:14:03,400 --> 00:14:07,320
America, you know, I was trying 
to find sort of ways to 

291
00:14:07,320 --> 00:14:10,120
reorientate myself because I 
felt like I'd gotten lost 

292
00:14:10,120 --> 00:14:12,920
through COVID and through, you 
know, all this, just everything 

293
00:14:12,920 --> 00:14:18,320
going on in during the world. 
And I was like well, OK around 

294
00:14:18,320 --> 00:14:21,480
you know 14 or 15 couple of 
things start happening in your 

295
00:14:21,480 --> 00:14:25,160
life and things start sort of. 
Wiggling off the tracks, maybe. 

296
00:14:25,600 --> 00:14:27,360
So I was like, OK, well let's go
before then. 

297
00:14:27,360 --> 00:14:29,040
What is the 10 year old dude 
like? 

298
00:14:29,040 --> 00:14:31,720
And it's like, oh how immature. 
It's like, fuck that immature. 

299
00:14:31,720 --> 00:14:33,720
Go suck my Dick. 
Like, not being rude, but it's 

300
00:14:33,720 --> 00:14:36,200
like, I want this is the dude 
I'm working for, bro. 

301
00:14:36,200 --> 00:14:37,800
Like the young kid that had 
dreams. 

302
00:14:37,800 --> 00:14:38,480
Yeah, yeah, yeah. 
Yeah. 

303
00:14:38,680 --> 00:14:41,960
You, you fucking spastic. 
And so you imagine your 10 year 

304
00:14:41,960 --> 00:14:44,120
old self and you're like, all 
right, what's this cat love? 

305
00:14:44,640 --> 00:14:46,600
Yeah, my 10 year old self really
liked. 

306
00:14:47,920 --> 00:14:51,760
Like the water and like numbers 
and like video games. 

307
00:14:52,240 --> 00:14:54,280
Because there's something, you 
know, maybe that's my coping 

308
00:14:54,280 --> 00:14:56,160
mechanisms on stuff. 
Sure, it's fine. 

309
00:14:56,160 --> 00:14:59,000
But, you know, you get to 
explore that stuff and just sort

310
00:14:59,000 --> 00:15:01,000
of come back with an adult lens,
right? 

311
00:15:01,000 --> 00:15:03,720
So it's like you see gamers that
come back after ages and they 

312
00:15:03,720 --> 00:15:06,960
play and it's like or you know, 
people that love to who are 

313
00:15:06,960 --> 00:15:09,160
passionate about maybe piano 
when they were little, and then 

314
00:15:09,160 --> 00:15:10,960
they come back and play it when 
they're older and they've got 

315
00:15:10,960 --> 00:15:14,960
more time to honor their craft. 
Or maybe they are a painter and 

316
00:15:14,960 --> 00:15:17,280
they, you know, they started 
working at Goldman Sachs 18 

317
00:15:17,280 --> 00:15:19,880
hours a day. 
And then they now have to. 

318
00:15:20,200 --> 00:15:22,360
Now they're the retired. 
They go back to painting. 

319
00:15:22,720 --> 00:15:25,880
You know, it's like they can go 
back to honor their gift in a 

320
00:15:25,880 --> 00:15:28,360
way. 
So I don't know, but I think the

321
00:15:28,360 --> 00:15:32,520
world is Bitcoin is helping so 
many people slow down in their 

322
00:15:32,520 --> 00:15:34,280
thoughts. 
It's like, oh, there was so much

323
00:15:34,280 --> 00:15:36,200
noise. 
I was chasing everything. 

324
00:15:36,200 --> 00:15:37,840
I was rushing to calendar 
meetings. 

325
00:15:37,840 --> 00:15:40,400
I was rushing to have more 
calendar meetings, and I was 

326
00:15:40,400 --> 00:15:42,920
rushing to get that promotion. 
I'm rushing to figure out the 

327
00:15:42,920 --> 00:15:44,120
next thing. 
I'm rushing here. 

328
00:15:44,120 --> 00:15:46,400
I'm rushing. 
And you've just compromised 

329
00:15:46,400 --> 00:15:49,560
every original thought that your
brain could manifest during that

330
00:15:49,560 --> 00:15:52,400
time. 
Because you're having, you're 

331
00:15:52,400 --> 00:15:55,520
having the thoughts of other 
people, not yourself, because 

332
00:15:55,560 --> 00:15:58,520
you're constantly being the 
entropy, like just the amount of

333
00:15:58,520 --> 00:16:00,520
thought time. 
You're not thinking about your 

334
00:16:00,520 --> 00:16:03,360
own ship because you're not 
sitting in solitude by yourself.

335
00:16:03,720 --> 00:16:07,400
If you think about solitude as 
solitude, is this really? 

336
00:16:08,480 --> 00:16:10,920
Sort of scary thing to us in 
this day and age, I think, 

337
00:16:10,920 --> 00:16:13,480
because we are yearning for 
connection and I think we're 

338
00:16:13,480 --> 00:16:15,720
yearning for connection even 
more because we have less 

339
00:16:15,720 --> 00:16:18,000
physical connection. 
So it's like we're getting a 

340
00:16:18,000 --> 00:16:22,120
small drug hit. 
By seeing each other, you know 

341
00:16:22,120 --> 00:16:25,440
on FaceTime that doesn't give 
the oomph of an electromagnetic 

342
00:16:25,440 --> 00:16:27,800
field. 
When I hug someone and now two 

343
00:16:27,840 --> 00:16:29,760
electromagnetic signatures 
connect. 

344
00:16:30,080 --> 00:16:34,240
Now we think very surface layer 
as a species, we thought, oh, 

345
00:16:34,320 --> 00:16:36,720
we've digitized face and voice 
and audio. 

346
00:16:36,720 --> 00:16:38,920
So that's basically the same as 
being there. 

347
00:16:38,920 --> 00:16:41,120
No, no, no, no, no. 
You haven't digitized any 

348
00:16:41,120 --> 00:16:42,840
magnetic field. 
You haven't digitized any of 

349
00:16:42,840 --> 00:16:46,160
that. 
The toroidal fields around us 

350
00:16:46,160 --> 00:16:48,760
that capture our energy and 
express our energy and stuff. 

351
00:16:49,960 --> 00:16:54,240
When you hug someone or whatever
it is, you entangle those 

352
00:16:54,600 --> 00:16:56,960
signatures, the magnetic 
signatures, right? 

353
00:16:57,280 --> 00:16:59,440
I ain't getting any digital hugs
on this thing. 

354
00:16:59,480 --> 00:17:02,200
You know what I mean? 
Yeah, I can send you a high five

355
00:17:02,800 --> 00:17:05,040
emoji. 
You know, it's like, oh cool, 

356
00:17:05,119 --> 00:17:09,160
they send an emoji. 
It's like like like that changes

357
00:17:09,160 --> 00:17:11,119
anything. 
So it's still an abstract of. 

358
00:17:11,920 --> 00:17:14,400
It's always. 
An abstract you know exactly. 

359
00:17:14,400 --> 00:17:17,560
While you're going through this,
I'm thinking about what's the. 

360
00:17:17,640 --> 00:17:21,319
I think it's. 
I think it's Confucius. 

361
00:17:21,920 --> 00:17:25,880
Yeah, like the Every man has two
lives, and the second starts 

362
00:17:25,880 --> 00:17:27,480
when he realizes he only has 
one. 

363
00:17:27,480 --> 00:17:30,520
Like that is what I'm thinking 
about around this like and it's 

364
00:17:30,520 --> 00:17:34,720
just and it's also that, yeah. 
Oh no. 

365
00:17:34,720 --> 00:17:37,800
I was just going to say, you 
know, a man never steps in the 

366
00:17:37,800 --> 00:17:39,960
same river twice. 
For it's not the same man and 

367
00:17:39,960 --> 00:17:41,480
it's not the same. 
It's not the same river. 

368
00:17:41,480 --> 00:17:45,840
Yeah, yeah, no, I love. 
And what I love is that I think 

369
00:17:45,840 --> 00:17:48,320
we have to realize that this 
happens to anyone. 

370
00:17:48,800 --> 00:17:54,600
But anyone has that that exact 
experience and you know to I 

371
00:17:54,600 --> 00:17:57,240
love how your mind works. 
So interesting like how if we go

372
00:17:57,240 --> 00:18:01,400
back to Bitcoin like that that 
we just talked about there's all

373
00:18:01,400 --> 00:18:03,120
this. 
So everyone has this journey 

374
00:18:03,840 --> 00:18:05,440
always. 
I think that's never ending, 

375
00:18:05,600 --> 00:18:08,120
right. 
But the fact that we are 

376
00:18:08,120 --> 00:18:13,440
influenced by these external 
factors that were made-up by 

377
00:18:13,480 --> 00:18:17,720
other people that also have this
journey right away, yeah, it's 

378
00:18:17,720 --> 00:18:22,720
extra distraction on a journey 
that's already super hard in 

379
00:18:22,720 --> 00:18:24,280
general, right? 
Yes. 

380
00:18:24,560 --> 00:18:29,320
And before we dive deeper into 
the numbers and stuff like 

381
00:18:29,320 --> 00:18:32,560
what's when we when we talk 
about you know how Bitcoin 

382
00:18:32,560 --> 00:18:36,040
equalizes that and that that 
could be a base layer that we 

383
00:18:36,040 --> 00:18:41,520
can operate from so that the 
space in which we operate as 

384
00:18:41,520 --> 00:18:44,640
humans. 
Yeah. 

385
00:18:44,640 --> 00:18:46,000
That that we see that 
differently. 

386
00:18:46,000 --> 00:18:49,600
Like what was to go to go back 
to your Bitcoin journey. 

387
00:18:49,600 --> 00:18:53,560
What was your aha moment there? 
Because I also know that you 

388
00:18:53,560 --> 00:18:57,080
orange spilled your brother 
which is interesting, so it took

389
00:18:57,080 --> 00:18:58,800
him a long time like how it's. 
Funny. 

390
00:18:58,800 --> 00:19:03,120
It's funny because he's so much 
smarter than at this stuff than 

391
00:19:03,120 --> 00:19:06,800
me, so once he got it. 
He kind of unpacked it to the 

392
00:19:06,800 --> 00:19:09,600
NTH degree, right? 
And so yeah, he really kind of, 

393
00:19:10,080 --> 00:19:12,000
you know what I mean? 
Like, he's really kind of done 

394
00:19:12,000 --> 00:19:14,080
his homework on everything, 
which I love because it's very 

395
00:19:14,080 --> 00:19:17,240
complimentary and I'm lucky to 
have that to dialogue the bounce

396
00:19:17,240 --> 00:19:20,040
off. 
I think the biggest aha moment 

397
00:19:20,040 --> 00:19:24,400
for me was. 
From a security perspective, So 

398
00:19:24,400 --> 00:19:27,880
I used to run, you know, Bitcoin
or used to run wire, which was 

399
00:19:27,880 --> 00:19:29,720
this, you know, an 
infrastructure provider and a 

400
00:19:29,720 --> 00:19:32,480
very, very big one. 
And one of the scariest things 

401
00:19:32,480 --> 00:19:35,600
was always, I learned from my 
team, was always about security,

402
00:19:35,920 --> 00:19:38,600
not your keys, not your coin. 
So when you have people's assets

403
00:19:38,600 --> 00:19:40,320
on hand, that is their 
livelihood. 

404
00:19:40,560 --> 00:19:42,920
So you don't think about oh, is 
it some dude that's just 

405
00:19:42,920 --> 00:19:45,480
deposited in whatever? 
Like if you give that person a 

406
00:19:45,480 --> 00:19:48,840
face and you feel the weight of 
the work, they might have worked

407
00:19:48,840 --> 00:19:50,720
40 hours a week to save this 
money. 

408
00:19:50,720 --> 00:19:53,400
That's in that account that 
we're custodian. 

409
00:19:53,640 --> 00:19:56,440
Like you're responsible to keep 
their money safe and you're also

410
00:19:56,440 --> 00:19:58,160
responsible to keep their 
identity safe. 

411
00:19:58,160 --> 00:20:01,840
So we're getting attacked from. 
For the KYC information and for 

412
00:20:01,840 --> 00:20:03,840
the money, they're both as 
valuable as each other. 

413
00:20:03,840 --> 00:20:07,120
Like KYC information is just as 
valuable as a private key to 

414
00:20:07,120 --> 00:20:10,000
someone, to someone, somewhere. 
So you have to treat them the 

415
00:20:10,000 --> 00:20:11,480
same. 
You can't sort of make them 

416
00:20:11,480 --> 00:20:13,440
mutually. 
So he's like, it's just the KYC 

417
00:20:13,440 --> 00:20:16,280
information that got leaked. 
It's like you don't know, like 

418
00:20:16,280 --> 00:20:18,360
that's none. 
That's not your call to make a 

419
00:20:18,360 --> 00:20:21,840
judgement, and you know, 
judgement like that, so but that

420
00:20:21,840 --> 00:20:24,160
taught me a lot about security 
and my team. 

421
00:20:24,160 --> 00:20:25,800
I'm very fortunate. 
I worked with the best in the 

422
00:20:25,800 --> 00:20:28,560
world and security in my 
opinion, and they taught me that

423
00:20:28,600 --> 00:20:31,640
you know, nothing matters unless
you have security and that. 

424
00:20:31,880 --> 00:20:34,760
And that's not a that's not a 
loose statement. 

425
00:20:34,760 --> 00:20:38,040
That's a very definitive one, 
which means you don't have 

426
00:20:38,040 --> 00:20:43,160
anything unless it's secure, 
whether that is money in the 

427
00:20:43,160 --> 00:20:46,520
bank, whether that is a 
emotional relationship. 

428
00:20:46,880 --> 00:20:49,760
But we always think emotional 
security, financial security, 

429
00:20:49,880 --> 00:20:53,560
you know, all physical security,
that is all what it comes down 

430
00:20:53,560 --> 00:20:55,280
to. 
And so for me, that was the aha 

431
00:20:55,280 --> 00:21:00,080
moment when I realized, well, 
hold on, Bitcoin is the most 

432
00:21:00,080 --> 00:21:02,520
secure thing though, then it has
to be right? 

433
00:21:02,520 --> 00:21:05,400
Like because we can't break it. 
And then I'm like, Oh, well, if 

434
00:21:05,400 --> 00:21:08,520
it's only built on math, then 
it's got no dependencies really,

435
00:21:08,640 --> 00:21:11,000
other than the ingredients that 
are used to build it. 

436
00:21:11,000 --> 00:21:12,840
So that's really good from a 
security standpoint. 

437
00:21:12,840 --> 00:21:14,200
It's not worse. 
Yeah. 

438
00:21:14,240 --> 00:21:15,720
You got to like, oh, it's only 
numbers. 

439
00:21:15,720 --> 00:21:18,360
It's not like, oh, there's a 
third party API to some, you 

440
00:21:18,360 --> 00:21:21,320
know, random provider. 
And so that's really 

441
00:21:21,320 --> 00:21:24,520
interesting. 
But yeah, if you have something,

442
00:21:24,520 --> 00:21:28,000
the most secure thing in the 
world, I was like that How can I

443
00:21:28,000 --> 00:21:30,760
use, like, how can I protect 
everyone using that thing? 

444
00:21:30,760 --> 00:21:33,040
Because no one can break that. 
And I was like, oh, and yeah, so

445
00:21:33,400 --> 00:21:35,600
that just sent me down a rabbit 
hole and I was like, well, what 

446
00:21:35,600 --> 00:21:38,080
is the most secure piece of 
information in the world? 

447
00:21:38,080 --> 00:21:40,240
Like how do you what is the most
secure? 

448
00:21:40,240 --> 00:21:42,560
Is it something cryptographic? 
This year I'm like, no, it can't

449
00:21:42,560 --> 00:21:47,080
be And it ended up landing on 
time locks on Bitcoin that that 

450
00:21:47,080 --> 00:21:50,000
is the most secure thing on 
quite literally Earth. 

451
00:21:50,640 --> 00:21:53,840
And so there's no protocol that 
we have to break that. 

452
00:21:54,120 --> 00:21:57,920
We'll talk about your your 
article about that, but do you 

453
00:21:57,920 --> 00:22:01,560
ended up there, that's very 
interesting like because of 

454
00:22:01,560 --> 00:22:04,160
course, do you see how that 
journey comes together? 

455
00:22:04,600 --> 00:22:06,560
Well, I mean it's from your 
point of view, right. 

456
00:22:06,560 --> 00:22:09,400
And I think what is interesting 
that a lot of people have 

457
00:22:09,400 --> 00:22:13,720
different touch, touch points 
based on experience, 

458
00:22:13,720 --> 00:22:18,440
understanding, interest, time, 
you know whatever and then yeah,

459
00:22:18,560 --> 00:22:21,800
well yeah, you get it or you 
don't and then you're interested

460
00:22:21,800 --> 00:22:24,560
to continue or you don't And 
then if you are that, yeah, you 

461
00:22:24,560 --> 00:22:26,960
know like it's that's rabbit 
hole I think. 

462
00:22:27,240 --> 00:22:29,640
But I find it interesting that 
you say the the security, right?

463
00:22:29,640 --> 00:22:34,080
Because that is the the the the 
trifecta of, well, the choice 

464
00:22:34,080 --> 00:22:36,760
you need to make. 
Make right There's a security, 

465
00:22:36,760 --> 00:22:41,320
speed, and decentralization. 
And Bitcoin, Bitcoin is designed

466
00:22:41,320 --> 00:22:45,480
around more around the 
decentralization and the 

467
00:22:45,480 --> 00:22:47,480
security rather than the speed, 
right? 

468
00:22:47,480 --> 00:22:52,200
So everything that came after 
Bitcoin, which we call crypto, 

469
00:22:52,600 --> 00:22:56,600
right, is trying to compete on 
all that other stuff, the faster

470
00:22:56,680 --> 00:22:58,240
shape. 
The faster shape? 

471
00:22:58,240 --> 00:23:00,080
Exactly. 
But that's why I find it's 

472
00:23:00,840 --> 00:23:03,720
interesting. 
Yeah, it's pointless. 

473
00:23:03,720 --> 00:23:06,640
If it's not secure, nothing 
matters. 

474
00:23:06,720 --> 00:23:09,440
And I've I have to deal with 
people that have got hundreds of

475
00:23:09,440 --> 00:23:11,760
millions of dollars that are 
managing money for other 

476
00:23:11,760 --> 00:23:15,480
investors and they have to, they
try and tell me that security is

477
00:23:15,480 --> 00:23:17,240
a secondary consideration. 
I'm like. 

478
00:23:17,240 --> 00:23:18,600
Yeah, that's. 
No, that's not my fault. 

479
00:23:19,120 --> 00:23:21,040
You obviously don't understand 
how anything works. 

480
00:23:21,040 --> 00:23:24,200
So that's fine, OK? 
Like it's bonkers. 

481
00:23:24,200 --> 00:23:28,520
And so when you look at, if I 
can only have two, right, Let's 

482
00:23:28,520 --> 00:23:30,880
say this trilemma, which is 
security. 

483
00:23:30,880 --> 00:23:32,160
The trilemma. 
Yeah, yeah, yeah, yeah. 

484
00:23:32,160 --> 00:23:34,240
What is that is security? 
Is that trifecta? 

485
00:23:34,960 --> 00:23:36,880
Yeah. 
The trilemma, Yeah. 

486
00:23:36,880 --> 00:23:37,640
So what is it? 
Speed. 

487
00:23:37,880 --> 00:23:39,400
Speed. 
Decentralization. 

488
00:23:39,760 --> 00:23:41,840
Yeah. 
OK, so let's say you get to pick

489
00:23:42,040 --> 00:23:44,440
three of those. 
You get you got to rank them, 

490
00:23:44,440 --> 00:23:46,440
right? 
Well, first, security, because 

491
00:23:46,440 --> 00:23:47,880
we can't have anything unless 
it's secure. 

492
00:23:48,080 --> 00:23:50,120
And now it goes well. 
Do I want speed or 

493
00:23:50,120 --> 00:23:53,040
decentralization now if I just 
have to make these choice. 

494
00:23:53,040 --> 00:23:57,800
This choice is a person in human
human nature and I want to plan 

495
00:23:57,800 --> 00:24:00,920
for the long term. 
Is speed important to everyone 

496
00:24:00,920 --> 00:24:03,760
now or is decentralization more 
important? 

497
00:24:04,040 --> 00:24:06,520
And so I'd say decentralization 
is more important because it's a

498
00:24:06,560 --> 00:24:08,120
newer property that we don't 
have. 

499
00:24:08,120 --> 00:24:11,440
We already have faster, cheaper,
we have instant payments, but we

500
00:24:11,440 --> 00:24:12,640
just do it on a centralized 
engine. 

501
00:24:12,920 --> 00:24:16,120
Faster ain't helping anyone. 
Faster is making me keep up with

502
00:24:16,120 --> 00:24:19,000
this old world of fast-paced 
consumerism. 

503
00:24:19,120 --> 00:24:21,360
No, I don't want that. 
I want to stop and collect my 

504
00:24:21,360 --> 00:24:24,040
thoughts and walk in a patient 
manner. 

505
00:24:24,040 --> 00:24:26,560
Do you know what I mean? 
Like and the Bitcoin blockchain.

506
00:24:27,080 --> 00:24:29,480
Because. 
You can't have to keep going, 

507
00:24:29,480 --> 00:24:31,320
basically. 
That's the point, right? 

508
00:24:31,440 --> 00:24:34,880
The point basically you think in
like a more pragmatic, like a 

509
00:24:34,880 --> 00:24:37,960
longer term way almost where 
it's like, well, hold on, why 

510
00:24:37,960 --> 00:24:40,280
are you rushing? 
And it's like and you stop being

511
00:24:40,280 --> 00:24:41,800
like, well, no, what is the 
rush? 

512
00:24:42,120 --> 00:24:42,840
10 minutes. 
Why? 

513
00:24:42,880 --> 00:24:47,560
Why am I so in a rush that 10 
minutes is too long for me to 

514
00:24:47,560 --> 00:24:49,400
wait? 
And what value proper you bring 

515
00:24:49,400 --> 00:24:53,640
in me where it's not as secure, 
but you're saying it's faster, 

516
00:24:53,640 --> 00:24:57,080
it's like well that's. 
You're it's a bad trade off. 

517
00:24:57,120 --> 00:24:59,080
Actually, no, it's not a it's 
not a bad trade off. 

518
00:24:59,120 --> 00:25:03,280
It's a scientifically, factually
statistically significant, 

519
00:25:03,280 --> 00:25:08,160
undeniable trade off. 
Which means it's not my opinion 

520
00:25:08,480 --> 00:25:10,600
this is as concrete as the sun 
rising. 

521
00:25:11,160 --> 00:25:13,720
Exactly, yeah. 
You never trade security for 

522
00:25:13,720 --> 00:25:16,400
anything. 
It is exactly uncompromisable. 

523
00:25:16,400 --> 00:25:19,120
So this is where people are 
gonna Start learning everything 

524
00:25:19,240 --> 00:25:23,920
really quickly, which is if you 
don't have security, you don't 

525
00:25:23,920 --> 00:25:26,960
have it. 
And now that means is the only 

526
00:25:26,960 --> 00:25:30,960
thing that matters is security. 
Because everything else that you

527
00:25:30,960 --> 00:25:33,920
are looking at, thinking about, 
blah blah, blah, it will turn to

528
00:25:33,920 --> 00:25:36,560
dust. 
It's ephemeral if you don't know

529
00:25:36,560 --> 00:25:39,040
how to secure it or your 
thoughts aren't securing it. 

530
00:25:39,040 --> 00:25:44,200
So I just think security became 
the, the undeniable, you know, 

531
00:25:44,240 --> 00:25:47,840
granddaddy of everything. 
And it basically becomes the 

532
00:25:47,840 --> 00:25:50,640
only area of study that's almost
necessary. 

533
00:25:51,160 --> 00:25:54,280
If you know security, then you 
don't need to know anything else

534
00:25:54,280 --> 00:25:57,840
because everything always is led
by security. 

535
00:25:58,080 --> 00:26:02,240
Every action is always led by 
security, whether it's hacking, 

536
00:26:02,240 --> 00:26:04,400
whether it's doing things, 
whether it's not doing things, 

537
00:26:04,400 --> 00:26:06,840
whether it's securing that 
everything comes back to 

538
00:26:06,840 --> 00:26:10,080
security. 
And so security is the, the 

539
00:26:10,080 --> 00:26:13,240
leading indicator of what 
happens with everything. 

540
00:26:13,560 --> 00:26:16,400
And so right now, that's why, 
you know, looking at numbers, 

541
00:26:16,400 --> 00:26:20,160
for example, prime numbers to 
me, I find I always thought, 

542
00:26:20,160 --> 00:26:21,800
what's the answer to this 
question? 

543
00:26:22,200 --> 00:26:27,120
An alien species comes down from
the heavens and they say we need

544
00:26:27,120 --> 00:26:30,200
you, we, we. 
Humanity gets to express one 

545
00:26:30,200 --> 00:26:35,120
thing to them that they would be
able to probably understand or 

546
00:26:35,120 --> 00:26:39,080
hopefully understand. 
And also we can express how far 

547
00:26:39,080 --> 00:26:41,440
through technology we're like 
how advanced we are, right? 

548
00:26:41,440 --> 00:26:43,160
Let's so let's say this is super
alien. 

549
00:26:44,280 --> 00:26:46,400
So they come to us and they say 
we're not going to be like, oh 

550
00:26:46,400 --> 00:26:48,960
look at this microwave. 
It heats up arbitrary shit that 

551
00:26:48,960 --> 00:26:51,680
we invented And yeah, they'd be 
like the fuck are you talking 

552
00:26:51,680 --> 00:26:53,520
about? 
They wouldn't say, oh show us a 

553
00:26:53,520 --> 00:26:55,240
boat. 
They'd be like, oh cool, a boat,

554
00:26:55,240 --> 00:26:57,200
whatever the fuck you're 
floating on water plane where 

555
00:26:57,200 --> 00:27:00,600
they'd be like come on, like we 
need to see how far you guys are

556
00:27:00,600 --> 00:27:03,360
ahead, not how many cool tools 
you've built relative to 

557
00:27:03,360 --> 00:27:05,800
yourselves. 
And the first, the only thing 

558
00:27:05,800 --> 00:27:08,200
that they would be able to 
resonate with, because the only 

559
00:27:08,200 --> 00:27:13,040
thing we know for certain that 
is also going to be in 

560
00:27:13,320 --> 00:27:17,280
perceivable by another species 
elsewhere, like in another part 

561
00:27:17,280 --> 00:27:21,320
of the universe, is numbers, 
because every species will have 

562
00:27:21,320 --> 00:27:24,040
to observe symmetry based on the
way that the universe works. 

563
00:27:24,040 --> 00:27:27,400
So they always have numbers. 
And now because we know that, 

564
00:27:27,960 --> 00:27:31,520
well, what's the toolbox numbers
And well, what's special about 

565
00:27:31,520 --> 00:27:33,000
numbers? 
Well, prime numbers are the most

566
00:27:33,000 --> 00:27:35,040
special ones because prime 
numbers are the leading 

567
00:27:35,040 --> 00:27:37,760
indicator of technology. 
So whatever the biggest known 

568
00:27:37,760 --> 00:27:41,240
primes are, look at the 
technology chart of, you know, 

569
00:27:41,240 --> 00:27:42,960
growth in technology or 
computation. 

570
00:27:42,960 --> 00:27:46,680
Power primes are always the 
most, the first thing that we 

571
00:27:46,680 --> 00:27:49,240
always try and we're trying to 
break the ceiling on those. 

572
00:27:49,760 --> 00:27:51,400
And I think that's going to be 
our yard. 

573
00:27:51,520 --> 00:27:53,920
That's calculations, right? 
It's calculation. 

574
00:27:53,920 --> 00:27:55,600
It's deterministic, it's 
predictable. 

575
00:27:55,600 --> 00:27:57,880
But it's also like. 
The reason why they would ask 

576
00:27:57,880 --> 00:28:02,160
about primes is because there's 
no pre mine arbitrary bullshit. 

577
00:28:02,160 --> 00:28:05,280
They know that the universe gave
primes and there's no pre mine 

578
00:28:05,280 --> 00:28:07,400
to it. 
Like there's no special like or 

579
00:28:07,400 --> 00:28:09,320
we you. 
Cannot make it up every. 

580
00:28:09,360 --> 00:28:11,400
It's it's. 
It's because primes are the 

581
00:28:11,400 --> 00:28:14,280
smallest. 
Prime numbers in the number line

582
00:28:14,320 --> 00:28:16,360
are essentially like blocks in 
the blockchain. 

583
00:28:16,760 --> 00:28:19,160
Exactly like it's It is true or 
not. 

584
00:28:19,160 --> 00:28:22,040
What you say is true or not? 
Yeah, it's not validate. 

585
00:28:22,080 --> 00:28:24,560
It's like if I'm a miner, Let's 
say I'm mining. 

586
00:28:24,840 --> 00:28:28,160
It's like I look at a number and
you go, hey, that number's prime

587
00:28:28,160 --> 00:28:32,560
and I go, hmm, let me check. 
Yep, that's prime. 

588
00:28:32,760 --> 00:28:34,680
Just the same way as the miners 
go. 

589
00:28:35,200 --> 00:28:37,920
This is a valid block. 
And they go, let me check. 

590
00:28:38,920 --> 00:28:41,000
Yep, Makes sense. 
Yeah, you know. 

591
00:28:42,240 --> 00:28:44,240
Can I take one step back to the 
security? 

592
00:28:44,680 --> 00:28:46,960
Yeah, yeah. 
I I just looked up. 

593
00:28:47,400 --> 00:28:50,120
Actually, two things. 
I just looked up. 

594
00:28:50,120 --> 00:28:53,760
I saw a tweet last week of a 
guy, Ryan McGuinness. 

595
00:28:53,880 --> 00:28:59,480
Apparently, he calculated what? 
An attack, a 51% attack on 

596
00:28:59,480 --> 00:29:03,800
Bitcoin would cost, right? 
Because that's maybe for also 

597
00:29:03,800 --> 00:29:08,960
people listening who don't know 
or I haven't learned about this 

598
00:29:08,960 --> 00:29:11,680
yet, right? 
Like the entire security point 

599
00:29:11,680 --> 00:29:17,080
of Bitcoin is the goal of that. 
Is that a it just it keeps going

600
00:29:17,880 --> 00:29:22,880
one and two that no one can 
attack it long enough. 

601
00:29:24,800 --> 00:29:29,200
For them to change the entries 
in the Ledger, right. 

602
00:29:29,200 --> 00:29:32,920
So to fake more bitcoins, to 
have double spending, etcetera. 

603
00:29:32,920 --> 00:29:38,200
So that's basically how you 
could, how do you say, exploit 

604
00:29:38,200 --> 00:29:40,480
the network, right. 
When you have control, you can 

605
00:29:40,480 --> 00:29:43,440
make more bitcoins basically, or
at least have double entries so 

606
00:29:43,440 --> 00:29:46,720
you can own more bitcoins. 
So that's called a 51% attack, 

607
00:29:46,720 --> 00:29:49,760
right, If you own or can control
51% of the network. 

608
00:29:49,760 --> 00:29:52,440
And I just looked it up. 
It's actually very cool, like 

609
00:29:52,440 --> 00:29:55,400
the. 
The hash rate, the computing 

610
00:29:55,400 --> 00:30:02,960
power of the network, 546 
million in what we expressed 

611
00:30:02,960 --> 00:30:08,880
that I think that XA hash. 
Doesn't say. 

612
00:30:09,240 --> 00:30:12,800
Well, I think it's XA hash, 
yeah, I think it would be, yeah.

613
00:30:12,800 --> 00:30:16,440
He calculates how much you need,
so that is like. 

614
00:30:17,040 --> 00:30:19,240
Yeah, it calculates how much you
need you need. 

615
00:30:19,280 --> 00:30:22,440
Well, you need 10 minutes. 
Yep. 

616
00:30:22,760 --> 00:30:26,840
At least 10 minutes or more to 
change it. 

617
00:30:27,000 --> 00:30:31,920
It will cost 1.3 billion per 
minute, a 51% attack. 

618
00:30:31,920 --> 00:30:34,640
So it'll cost you 13 billion 
get. 

619
00:30:34,640 --> 00:30:38,760
Printed, baby. 
Yeah, and so it cost 80 billion 

620
00:30:38,760 --> 00:30:41,800
an hour. 1.9 trillion for the 
day, Dude, dude. 

621
00:30:41,800 --> 00:30:45,280
Imagine hiring a dude that 
charges $80 billion an hour for 

622
00:30:45,280 --> 00:30:47,800
security. 
That's what Bitcoin is, if it 

623
00:30:47,880 --> 00:30:49,000
costs. 
Exactly. 

624
00:30:49,320 --> 00:30:52,440
And that is literally the dude 
you're hiring for your security 

625
00:30:52,440 --> 00:30:53,240
policy. 
Exactly. 

626
00:30:53,240 --> 00:30:56,080
He's got every amount and he 
will only work for someone else 

627
00:30:56,080 --> 00:30:59,200
if he's paid $80 billion in. 
Yes, exactly. 

628
00:30:59,200 --> 00:31:03,600
So that's the one thing I wanted
to say about this attack and the

629
00:31:03,600 --> 00:31:07,480
second I wanted to talk about. 
We talk about the reasoning kind

630
00:31:07,480 --> 00:31:10,240
of like the sequencing of 
reasoning when we start from 

631
00:31:10,240 --> 00:31:12,880
security and and then talk about
Bitcoin, right. 

632
00:31:12,880 --> 00:31:17,200
So when we say, well, Bitcoin is
secured by the biggest 

633
00:31:17,760 --> 00:31:20,720
computational combined 
computational power in the 

634
00:31:20,720 --> 00:31:25,960
world, there therefore we make 
sure that A, it keeps going, B, 

635
00:31:25,960 --> 00:31:30,760
well, no one stays honest. 
Well, no one can attack it. 

636
00:31:30,760 --> 00:31:34,000
Yes, So it stays honest, right. 
So it's kind of like this self. 

637
00:31:34,520 --> 00:31:39,600
Incentivized and controlling 
almost, Yeah. 

638
00:31:39,600 --> 00:31:46,680
I would just say that like 
Entity, yeah and the I I. 

639
00:31:46,880 --> 00:31:51,680
Believe there's like multiple 
multiple feedback loops that 

640
00:31:51,680 --> 00:31:54,000
like also roll over into each 
other basically. 

641
00:31:54,000 --> 00:31:57,320
Well, I I started this like how 
would you, what's the sequencing

642
00:31:57,320 --> 00:31:59,160
in your head, how you how you 
would talk through that. 

643
00:31:59,440 --> 00:32:02,320
It's identical to protein 
folding like literally in nature

644
00:32:02,440 --> 00:32:05,680
like so the net in nature, the 
universe is a doubling circuit, 

645
00:32:06,040 --> 00:32:09,520
which means basically like 
double everything's doubling as 

646
00:32:09,520 --> 00:32:12,800
fast as possible. 
Bitcoin, what are we waiting for

647
00:32:12,800 --> 00:32:14,640
in six months time? 
What's coming up, Bram? 

648
00:32:15,840 --> 00:32:18,480
The half we are doubling, Yes, 
exactly. 

649
00:32:18,480 --> 00:32:21,720
We're halving. 
So Bitcoin is the opposite. 

650
00:32:21,720 --> 00:32:25,680
So every bit of energy in nature
is like this doubling circuit. 

651
00:32:26,200 --> 00:32:28,560
Now imagine you've got a 
doubling circuit getting 

652
00:32:28,560 --> 00:32:31,640
compressed into a halving 
circuit, right. 

653
00:32:31,640 --> 00:32:36,480
So, So you've got energy that is
doubling like this, but you've 

654
00:32:36,480 --> 00:32:39,560
got a fire exit that's getting 
narrower and narrower and it's 

655
00:32:39,600 --> 00:32:42,840
all got to squeeze through that.
So I think I've heard some, I 

656
00:32:42,840 --> 00:32:44,920
think it was Joe Burnett the 
other day said something about, 

657
00:32:45,480 --> 00:32:48,160
you know, you've got to feed the
fire hose through the tip of a 

658
00:32:48,160 --> 00:32:50,040
needle. 
Now like that's what's happening

659
00:32:50,040 --> 00:32:54,120
as what's getting smaller, the 
energy, man, that compression is

660
00:32:54,120 --> 00:32:57,240
just gnarly. 
And so I think that's so cool to

661
00:32:57,240 --> 00:32:59,320
think about. 
It's like, well, what have we 

662
00:32:59,320 --> 00:33:02,000
got here and what how much 
energy is it going to keep 

663
00:33:02,000 --> 00:33:04,560
eating? 
And you know, will it stay alive

664
00:33:04,560 --> 00:33:06,840
forever? 
And when you think about, like 

665
00:33:06,840 --> 00:33:10,360
the simplicity of it is just 
just keep going, That's all you 

666
00:33:10,360 --> 00:33:13,920
got to do, just keep going. 
And so all it does, it folds on 

667
00:33:13,920 --> 00:33:16,240
itself, and it takes all if we 
think of each. 

668
00:33:16,240 --> 00:33:18,760
Block and deliver on the 
promises also, right? 

669
00:33:18,760 --> 00:33:20,720
Like, keep going, deliver on the
promise. 

670
00:33:20,760 --> 00:33:22,600
Exactly. 
And so if we think about each 

671
00:33:22,720 --> 00:33:28,280
block almost like a moment or a 
memory, you know, in our brains,

672
00:33:28,480 --> 00:33:32,240
you know if you, let's say you 
have a traumatic experience that

673
00:33:32,240 --> 00:33:34,160
can affect your future memories,
right? 

674
00:33:34,160 --> 00:33:38,240
You remember it and it affects 
just like me making a 

675
00:33:38,240 --> 00:33:42,040
transaction in this block now 
will affect the miner's chance 

676
00:33:42,040 --> 00:33:45,960
of finding the hash because my 
number in my address is going to

677
00:33:45,960 --> 00:33:47,920
be different. 
And so it's all this like you 

678
00:33:47,920 --> 00:33:51,160
matter just by just by sending a
transaction on the blockchain. 

679
00:33:51,400 --> 00:33:53,800
You should get a thank you 
letter from every Bitcoin miner,

680
00:33:53,800 --> 00:33:56,320
because they only found that 
block because your transaction 

681
00:33:56,320 --> 00:33:58,000
was in it. 
They would have had to find a 

682
00:33:58,000 --> 00:34:00,440
whole new, different block 
because your transaction wasn't 

683
00:34:00,440 --> 00:34:02,680
there. 
So you matter, you know, if 

684
00:34:02,680 --> 00:34:04,960
you've got no purpose in place. 
You are validated. 

685
00:34:05,280 --> 00:34:08,320
Send a Bitcoin transaction. 
You matter, you know. 

686
00:34:08,639 --> 00:34:11,600
You are recognized. 
Well, I find it interesting and 

687
00:34:11,600 --> 00:34:13,639
the point should be paid. 
But hey, thank you for letting 

688
00:34:13,639 --> 00:34:15,199
us find that. 
Yeah, no worries. 

689
00:34:15,199 --> 00:34:19,320
You're welcome anytime guys. 
And so the security part was 

690
00:34:19,320 --> 00:34:21,600
your aha moment, but like, what 
were your? 

691
00:34:22,520 --> 00:34:25,800
Did you also have misconceptions
like a lot of people don't get 

692
00:34:26,159 --> 00:34:28,800
Bitcoin on the first attempt? 
Oh, no, no, no. 

693
00:34:28,920 --> 00:34:32,320
This is by the way, my aha 
moment came like I was I built 

694
00:34:32,320 --> 00:34:36,639
this, you know, with the team, 
we started this company in 2013 

695
00:34:36,920 --> 00:34:39,960
and so I learned about Bitcoin 
in probably 2012. 

696
00:34:39,960 --> 00:34:42,199
But for that was from like a 
video game perspective. 

697
00:34:42,639 --> 00:34:44,880
And so I thought it was cool, 
like novelty. 

698
00:34:44,880 --> 00:34:46,480
But I was like, yeah, whatever. 
It's like, it's fine. 

699
00:34:46,480 --> 00:34:48,679
It's a novelty like that, but 
it's cool. 

700
00:34:48,679 --> 00:34:50,800
But it's. 
I didn't think it was like 

701
00:34:50,800 --> 00:34:52,320
overthrow the government. 
I thought it was kind of like, 

702
00:34:52,320 --> 00:34:56,120
oh, mad OK, so my Street Fighter
currency coins can play with my 

703
00:34:56,120 --> 00:34:59,720
Warcraft coins or Warcraft coins
and I can transfer those to 

704
00:34:59,720 --> 00:35:01,080
another game. 
And I just thought it was going 

705
00:35:01,080 --> 00:35:03,200
to become this sort of digital 
gaming currency. 

706
00:35:04,160 --> 00:35:09,280
But you know we built wire for a
long time and it wasn't until 

707
00:35:09,840 --> 00:35:15,720
maybe after the second or third.
No, the second bull run in 2018 

708
00:35:15,720 --> 00:35:18,840
or 19, we did a lot of. 
We worked a lot with the the 

709
00:35:18,840 --> 00:35:21,000
other, you know, assets in the 
space. 

710
00:35:21,000 --> 00:35:24,680
We'd never never touched any 
other assets until about 2018. 

711
00:35:24,680 --> 00:35:28,560
I think it was 2017 when we 
finally listed different assets 

712
00:35:28,560 --> 00:35:30,840
beyond Bitcoin. 
But they were never worth 

713
00:35:30,840 --> 00:35:33,600
listing because they would 
always take so much engineering 

714
00:35:33,600 --> 00:35:36,360
efforts to just to catch a flash
in the pan. 

715
00:35:36,360 --> 00:35:38,160
Like you see everyone come and 
go really quickly. 

716
00:35:38,160 --> 00:35:41,200
They're like, Oh no, this is 
anyway, so Long story short 

717
00:35:41,200 --> 00:35:44,000
after all this sight of going up
and down and understanding 

718
00:35:44,000 --> 00:35:45,760
everything, I was like, well, 
what is the fuck? 

719
00:35:45,800 --> 00:35:47,480
What is what the fuck's going on
here? 

720
00:35:47,480 --> 00:35:51,000
Like what is the actual thing? 
And it's like I realized after 

721
00:35:51,000 --> 00:35:53,280
the block size wars, I think 
that was probably the most 

722
00:35:53,280 --> 00:35:57,040
important, the most important. 
I was so fortunate to have 

723
00:35:57,040 --> 00:36:00,040
people on my team were in that 
moment but like the block size 

724
00:36:00,040 --> 00:36:03,000
wars, you know, you think 
start-ups and money and 

725
00:36:03,000 --> 00:36:05,640
everything is it right? 
You don't think about an idea 

726
00:36:05,640 --> 00:36:08,320
being trumped by money and 
influence that much like. 

727
00:36:08,600 --> 00:36:11,000
So I'll give you an example, 
Coinbase and during the block 

728
00:36:11,000 --> 00:36:13,800
size wars, all the big companies
in the space, BitPay and 

729
00:36:13,800 --> 00:36:16,600
Coinbase at the time, they had 
the biggest surface area of 

730
00:36:16,600 --> 00:36:19,560
users, meaning the largest 
amount of end users that are 

731
00:36:19,720 --> 00:36:22,840
that are using the product. 
And so they had a very loud 

732
00:36:22,840 --> 00:36:25,000
voice in saying that, well, we 
should go to this thing called 

733
00:36:25,000 --> 00:36:26,560
SegWit 2X. 
And it was trying to make a 

734
00:36:26,560 --> 00:36:27,960
compromise and all this sort of 
stuff. 

735
00:36:28,960 --> 00:36:32,960
And I see the logic from it all,
But what they didn't realize is 

736
00:36:32,960 --> 00:36:36,200
that it doesn't matter how many 
people Coinbase has as users 

737
00:36:36,320 --> 00:36:39,400
because a user doesn't count, 
because a user's not running a 

738
00:36:39,400 --> 00:36:43,560
node. 
And so that made me realize, oh,

739
00:36:44,080 --> 00:36:47,760
it's not about the start-ups. 
This is different because it's 

740
00:36:47,760 --> 00:36:50,080
not because usually start-ups 
find something and they're like 

741
00:36:50,080 --> 00:36:53,320
a level. 
High or or or or three Pardon. 

742
00:36:54,000 --> 00:36:57,120
It's a level or a tree higher 
where you it is, it is. 

743
00:36:57,120 --> 00:37:00,200
It's totally transcends that. 
And I was like, oh, this isn't 

744
00:37:00,200 --> 00:37:04,000
this is like a public utility, 
not this isn't like a cool piece

745
00:37:04,000 --> 00:37:05,760
of tech. 
Like, it's a don't treat it like

746
00:37:05,760 --> 00:37:08,400
a startup where it's gonna be 
malleable and it's gonna listen 

747
00:37:08,400 --> 00:37:10,560
to feedback, right. 
Like with most startups when you

748
00:37:10,560 --> 00:37:14,000
see new technology, you're like 
oh that's a cool app, but it'd 

749
00:37:14,000 --> 00:37:16,600
be better if it had XYZ and 
they, you know next thing, no 

750
00:37:16,600 --> 00:37:18,800
features come out. 
It's sort of just it's a very 

751
00:37:18,800 --> 00:37:21,280
echo chamber where it listens 
and they're so data-driven, 

752
00:37:21,280 --> 00:37:23,280
these apps. 
The Bitcoin wasn't like that and

753
00:37:23,280 --> 00:37:26,440
I saw with the block size wars 
when Coinbase, Bitpain, every 

754
00:37:26,440 --> 00:37:29,240
company is like you know 40 
companies or something and only 

755
00:37:29,240 --> 00:37:32,320
three of them I think didn't 
sign and I'm not very lucky that

756
00:37:32,360 --> 00:37:35,120
we wire. 
At the time I didn't really know

757
00:37:35,480 --> 00:37:39,040
sort of what was the block size 
wars and Segway 2 XI didn't. 

758
00:37:39,280 --> 00:37:42,000
I wasn't the representative. 
I'm the I was the CEO of our 

759
00:37:42,000 --> 00:37:44,400
company. 
But we had smarter people. 

760
00:37:45,280 --> 00:37:49,280
It was Guy Richard and Neal in 
our team who were basically our 

761
00:37:49,440 --> 00:37:53,080
local Maxi's internally. 
And I was like, guys, this is 

762
00:37:53,080 --> 00:37:55,040
the decision we're being put to 
as a company. 

763
00:37:55,040 --> 00:37:59,400
Do we want to support, you know,
this, this Sega 2X? 

764
00:37:59,400 --> 00:38:02,520
Or do we want to just say fuck 
you, not not fuck you, but just 

765
00:38:02,520 --> 00:38:05,960
Nah, don't change anything. 
And they were like they they sat

766
00:38:05,960 --> 00:38:07,680
me down really patiently and 
really funnily. 

767
00:38:07,680 --> 00:38:10,680
But they were like, no, no, no, 
you don't want that because if 

768
00:38:10,680 --> 00:38:13,160
this is and a full education, I 
was like well, can you write the

769
00:38:13,160 --> 00:38:17,000
e-mail politely saying hi, we're
not going to be participating in

770
00:38:17,680 --> 00:38:19,840
this, the offer. 
And at the time like you know 

771
00:38:19,840 --> 00:38:23,040
you're the CEO of a startup and 
at the time my dream was to 

772
00:38:23,040 --> 00:38:24,960
build something that add value 
and everything. 

773
00:38:24,960 --> 00:38:28,080
So I don't want to go against 
the grain with people that are 

774
00:38:28,080 --> 00:38:31,120
very well educated on stuff. 
And so you know, you know, 

775
00:38:31,120 --> 00:38:34,440
always it's a delicate dance to 
understand new technology but 

776
00:38:34,440 --> 00:38:36,960
also to make sure you're not 
losing focus on what you 

777
00:38:36,960 --> 00:38:39,640
originally started. 
So that was probably the biggest

778
00:38:39,640 --> 00:38:42,560
aha moment for me, was realising
it's not another because on 

779
00:38:42,560 --> 00:38:44,960
another startup it's not like 
another app on my phone. 

780
00:38:45,000 --> 00:38:48,360
It looks like that to me because
it's technology and it's cool 

781
00:38:48,360 --> 00:38:51,360
and I like it. 
But I had to realise, Oh no, no,

782
00:38:51,360 --> 00:38:52,840
no. 
This is a whole different 

783
00:38:52,840 --> 00:38:54,720
animal. 
And I realised when when 

784
00:38:54,720 --> 00:38:59,680
Coinbase and BitPay couldn't get
through the Segway 2X thing, I 

785
00:38:59,680 --> 00:39:06,040
was like, oh wow, nothing 
matters in this world but the 

786
00:39:06,040 --> 00:39:07,880
node runners. 
End of story. 

787
00:39:08,160 --> 00:39:10,240
End of story. 
No matter it. 

788
00:39:10,240 --> 00:39:12,440
I don't care how many people you
have in Washington today, 

789
00:39:12,440 --> 00:39:16,600
anywhere, nothing matters 
because a node is the only dude 

790
00:39:16,600 --> 00:39:18,360
that can vote. 
No one else can. 

791
00:39:18,920 --> 00:39:21,480
So after real and call me a 
fucking idiot because I have a 

792
00:39:21,480 --> 00:39:24,680
fucking I get I get things way 
slower than everybody. 

793
00:39:24,880 --> 00:39:29,560
Like, so you know, I don't 
really know what what's what 

794
00:39:29,680 --> 00:39:32,320
until way later down the track. 
I'm a repetition dude, just bang

795
00:39:32,320 --> 00:39:33,560
my head against the wall over 
and over. 

796
00:39:34,280 --> 00:39:37,400
But that was a big that was a 
big aha moment because then I 

797
00:39:37,400 --> 00:39:41,960
realized that I basically 
realized that no one's in 

798
00:39:41,960 --> 00:39:44,800
control of this. 
And that is sort of that is sort

799
00:39:44,800 --> 00:39:47,440
of the everyone's talking about 
AGI and AI now. 

800
00:39:47,440 --> 00:39:51,640
I was like no, no, no that that 
is what the AGI is like. 

801
00:39:51,640 --> 00:39:55,000
Bitcoin is that it's a 
distributed system that doesn't 

802
00:39:55,000 --> 00:39:59,360
stop and all it is doing is 
vacuuming in the consciousness 

803
00:39:59,440 --> 00:40:03,120
of humanity because we're such a
money driven society. 

804
00:40:03,520 --> 00:40:06,280
It's like collecting all the 
receipts on everything we've 

805
00:40:06,280 --> 00:40:09,800
ever done in life and in that 
regard like because it's all 

806
00:40:09,800 --> 00:40:12,680
stamped on this Ledger and so. 
Yeah, that's so fascinating, 

807
00:40:13,000 --> 00:40:16,440
right? 
The yeah, the entire blockchain 

808
00:40:16,440 --> 00:40:20,160
is like 500 gigabytes. 
And it's all, it's all numbers, 

809
00:40:20,600 --> 00:40:22,680
yeah, and letters. 
It's all text. 

810
00:40:23,280 --> 00:40:24,920
It's all it is. 
It is. 

811
00:40:24,920 --> 00:40:27,440
It's fascinating. 
But I think that was a decent 

812
00:40:27,440 --> 00:40:29,240
aha moment. 
And then also, you know, the 

813
00:40:29,560 --> 00:40:31,760
that that led me to think, OK, 
well, Bitcoin's not going to 

814
00:40:31,760 --> 00:40:33,240
break. 
I don't think it can break. 

815
00:40:33,240 --> 00:40:34,920
And then I was like, well, 
what's it built on it? 

816
00:40:34,920 --> 00:40:36,600
It's like what's got no 
dependencies. 

817
00:40:37,040 --> 00:40:39,400
Like literally it's like it's 
built on cryptography. 

818
00:40:39,400 --> 00:40:41,560
It's built on mass. 
It's built on thermodynamics. 

819
00:40:41,560 --> 00:40:45,480
It's not built on. 
Like, oh, you know, some random 

820
00:40:45,480 --> 00:40:47,040
stack. 
Oh, it's like, oh, if you don't 

821
00:40:47,040 --> 00:40:50,520
have AWS, you can't do it. 
It's like it's built. 

822
00:40:50,640 --> 00:40:52,800
It's like a ghost. 
It's built out of nothing. 

823
00:40:52,920 --> 00:40:54,880
And it's like you can prove this
to yourself. 

824
00:40:54,880 --> 00:40:58,320
When you see go on YouTube and 
watch someone mine a Bitcoin 

825
00:40:58,320 --> 00:41:02,480
block or try and do a hash, they
basically do it manually with a 

826
00:41:02,480 --> 00:41:04,760
pen and paper. 
And when you realize that you 

827
00:41:04,760 --> 00:41:07,480
can create a private key with a 
pen and paper, you can. 

828
00:41:07,920 --> 00:41:10,840
Send a transaction. 
With a pen and paper, you can do

829
00:41:10,840 --> 00:41:12,600
all the cryptography with a pen 
and paper. 

830
00:41:12,800 --> 00:41:17,120
You start realizing this thing 
transcends math, and that's 

831
00:41:17,160 --> 00:41:18,920
crazy. 
Hold on, I thought this was some

832
00:41:18,920 --> 00:41:21,040
big influential thing. 
It's like, no, no, no. 

833
00:41:21,040 --> 00:41:23,400
It's just numbers. 
All of it. 

834
00:41:23,840 --> 00:41:27,440
Is just numbers and it's like, 
so I think you would agree that 

835
00:41:27,720 --> 00:41:31,200
Bitcoin is then a discovery and 
not an invention probably. 

836
00:41:31,200 --> 00:41:33,840
Because the numbers were already
there. 

837
00:41:34,080 --> 00:41:36,480
So here's the way that I think 
about that question. 

838
00:41:36,480 --> 00:41:39,080
Because people say, you know, is
it a discovery, an invention, 

839
00:41:39,080 --> 00:41:41,360
stuff like that. 
I always think of like, I think 

840
00:41:41,360 --> 00:41:44,920
this is how I think of it, but 
like inventions are where you 

841
00:41:45,000 --> 00:41:48,000
assemble discoveries sort of 
thing, so. 

842
00:41:48,320 --> 00:41:51,240
And that's like, I think, you 
know, maths is a discovery, 

843
00:41:51,280 --> 00:41:53,760
cryptography is a discovery, 
thermodynamics or whatever it 

844
00:41:53,760 --> 00:41:57,360
is, but it's the assemblement of
these discoveries it feels like.

845
00:41:57,360 --> 00:42:00,440
And that's what you call 
invention, because you know, 

846
00:42:00,440 --> 00:42:02,680
nothing's naturally discovered, 
I don't think. 

847
00:42:02,720 --> 00:42:05,880
I think it's all comes from an 
inspiration, whether we can see 

848
00:42:05,880 --> 00:42:08,280
it ourselves or not. 
I think we're actually gonna be 

849
00:42:08,280 --> 00:42:11,160
able to see this a lot more in 
the future as we start having 

850
00:42:11,160 --> 00:42:14,240
things like ChatGPT. 
Which can connect the dots of 

851
00:42:14,240 --> 00:42:17,240
very foreign topics very closely
because it can find all the 

852
00:42:17,240 --> 00:42:19,240
intricate relationships between 
the topics. 

853
00:42:19,560 --> 00:42:23,600
So I could say something like, 
hey, I'm a I'm a scuba dive, a 

854
00:42:23,600 --> 00:42:26,520
plumber that fixes wells on the 
bottom of the ocean. 

855
00:42:26,520 --> 00:42:29,960
Explain Bitcoin to me like I'm 
that guy, and it will find ways 

856
00:42:29,960 --> 00:42:32,000
to explain Bitcoin in an 
analogy. 

857
00:42:32,280 --> 00:42:35,480
And analogies as well of 
analogies are really powerful, I

858
00:42:35,480 --> 00:42:38,680
find, because they're like the 
ultimate translator. 

859
00:42:39,160 --> 00:42:42,200
If I can find an analogy that 
you know, then I can relate 

860
00:42:42,200 --> 00:42:44,640
everything to you really quickly
and it's like just adding 

861
00:42:44,640 --> 00:42:47,840
another column in your database,
but it's like, yeah, I don't 

862
00:42:47,840 --> 00:42:49,720
know, I don't know where I kind 
of got there, but I've kind of 

863
00:42:49,720 --> 00:42:52,520
got to be rambled. 
But like, why? 

864
00:42:52,520 --> 00:42:55,240
Why? 
I said I think you would agree 

865
00:42:55,240 --> 00:42:57,280
that it's a discovery, but. 
Yeah, yeah. 

866
00:42:57,360 --> 00:42:57,760
Yeah. 
Yeah. 

867
00:42:57,840 --> 00:42:58,520
That's right. 
Yeah. 

868
00:42:58,960 --> 00:43:02,360
Yeah. 
I think it is an invention based

869
00:43:02,360 --> 00:43:05,120
on, you know, like it's an 
assemblement of discoveries. 

870
00:43:06,120 --> 00:43:08,840
But theoretically it is a 
discovery because all it is is a

871
00:43:08,840 --> 00:43:12,000
big all that data in the 
blockchain is just a big long 

872
00:43:12,000 --> 00:43:15,240
sequence of numbers, just like π
is basically like if we wanted 

873
00:43:15,240 --> 00:43:17,880
to assemble it all like numbers.
So it is, you know, in that 

874
00:43:17,880 --> 00:43:20,400
capacity we have discovered it 
just like my, you know, 

875
00:43:20,400 --> 00:43:22,040
Michelangelo. 
It's like you're both the 

876
00:43:22,040 --> 00:43:25,200
sculptor and the, you know, the 
marble and the sculptor whatever

877
00:43:25,200 --> 00:43:29,640
it is like where you there's, if
you've got a block of marble and

878
00:43:29,640 --> 00:43:32,920
there's a statue and is made out
of it, then that statue was 

879
00:43:32,920 --> 00:43:35,480
always in there. 
It was a permutation or a 

880
00:43:35,480 --> 00:43:38,280
possibility of a number of Ting,
Ting, Ting Ting Ting. 

881
00:43:38,520 --> 00:43:40,920
Yeah, like you know the stone 
Mason or whatever, but it was 

882
00:43:40,960 --> 00:43:44,240
always depends on your 
sequencing or what you your 

883
00:43:44,240 --> 00:43:46,040
application. 
Yeah, and. 

884
00:43:46,560 --> 00:43:50,160
I think it was Heisenberg. 
Or yeah, maybe it's him, one of 

885
00:43:50,160 --> 00:43:53,840
these physicists. 
He was like basically everything

886
00:43:53,840 --> 00:43:57,680
came down like nature's we can 
only. 

887
00:43:58,120 --> 00:44:02,840
Evaluate nature's behaviors 
based on our lens or line of 

888
00:44:02,840 --> 00:44:04,760
questioning in which we question
nature. 

889
00:44:05,000 --> 00:44:06,720
Yeah, I. 
Don't butcher that. 

890
00:44:06,880 --> 00:44:08,960
Yeah, I love that. 
No, it's also in. 

891
00:44:09,120 --> 00:44:12,120
I think it's also in. 
Listen to a podcast with a guy 

892
00:44:12,120 --> 00:44:17,120
who talks about quantum physics 
and how he actually ended up to 

893
00:44:17,120 --> 00:44:22,120
the same conclusion as like like
Eastern traditional, like 

894
00:44:22,120 --> 00:44:24,440
spirituality. 
Like what's, you know what? 

895
00:44:24,440 --> 00:44:26,160
Our soul and spirit and stuff, 
but what? 

896
00:44:26,320 --> 00:44:27,240
Here we go. 
This is it. 

897
00:44:27,240 --> 00:44:29,680
So sorry, sorry, Roerna 
Heisenberg. 

898
00:44:29,680 --> 00:44:33,200
But what we observe is not 
nature itself, but nature 

899
00:44:33,200 --> 00:44:35,120
exposed to our method of 
questioning. 

900
00:44:35,320 --> 00:44:36,080
Yeah, exactly. 
Now. 

901
00:44:36,560 --> 00:44:41,040
The easiest way to say that is 
what we observe is not your 

902
00:44:41,040 --> 00:44:44,280
public key. 
It is your public key based on 

903
00:44:44,280 --> 00:44:46,400
the algorithm which we look 
through it. 

904
00:44:46,840 --> 00:44:50,160
So decoder in some sense, 
exactly. 

905
00:44:50,480 --> 00:44:54,840
So it's like this number only 
makes sense in that context. 

906
00:44:55,000 --> 00:44:57,480
So your private key is just a 
number, it doesn't mean. 

907
00:44:57,480 --> 00:45:00,320
And it's also it has multiple it
only means mutations, right? 

908
00:45:00,760 --> 00:45:03,120
It has multiple interpretations 
if you don't have the right 

909
00:45:03,120 --> 00:45:04,520
decoder. 
Like that's what I wanted to 

910
00:45:04,520 --> 00:45:06,160
say. 
In this podcast I talked about 

911
00:45:06,160 --> 00:45:11,480
how actually science science 
method is flawed in a way 

912
00:45:11,480 --> 00:45:17,880
because like this guy talked 
about how what's the What's the 

913
00:45:17,880 --> 00:45:20,200
guy, What's his name again? 
Damn, I'm drawing a blank. 

914
00:45:20,400 --> 00:45:25,960
No, no, no. 
The Who travelled the world and 

915
00:45:26,080 --> 00:45:28,360
like wrote about all the animals
in the world. 

916
00:45:28,480 --> 00:45:32,320
Jesus, most famous person. 
What? 

917
00:45:32,320 --> 00:45:35,240
Adam, bro, hold on. 
What the fuck? 

918
00:45:35,240 --> 00:45:36,520
I'm so lost there. 
Hold on. 

919
00:45:36,640 --> 00:45:38,200
Sorry. 
I'm sorry, dude. 

920
00:45:38,200 --> 00:45:43,000
I'm fucking blind. 
I'm thinking about, Oh my God, I

921
00:45:43,240 --> 00:45:48,800
I'm totally drawing a blank like
the guy on the ship with his 

922
00:45:48,800 --> 00:45:51,720
diary and he looked at all the 
dodos and whatever, like, what 

923
00:45:51,720 --> 00:45:53,640
the fuck? 
Why am I not coming up with his 

924
00:45:53,640 --> 00:45:55,280
name? 
Which? 

925
00:45:55,760 --> 00:45:58,600
Oh man, I don't know. 
I'm lost, All right? 

926
00:46:02,200 --> 00:46:04,600
If I Google this name and I say 
this name, you're going to be 

927
00:46:04,600 --> 00:46:07,280
like, you're an idiot. 
I'll come up with the name. 

928
00:46:07,280 --> 00:46:11,160
But he talked about like that. 
Observation is creation, right? 

929
00:46:11,160 --> 00:46:14,160
So the lens through which you 
observe, right, You observe 

930
00:46:14,160 --> 00:46:20,320
nature and then you see stuff 
happening and then you can 

931
00:46:20,320 --> 00:46:25,720
describe what is happening. 
But once you create a certain 

932
00:46:25,880 --> 00:46:31,720
law or like rule on it, then 
that is only your lens that you 

933
00:46:31,720 --> 00:46:35,880
create that thing. 
But if you look at and in this 

934
00:46:35,880 --> 00:46:38,400
conversation they talked about, 
there's all these laws of 

935
00:46:38,400 --> 00:46:40,920
nature, rules of nature that we 
can observe. 

936
00:46:41,360 --> 00:46:44,440
And we can say, like, when A 
happens, B happens, then C 

937
00:46:44,440 --> 00:46:48,320
happens, but we don't understand
why it happens, right. 

938
00:46:48,720 --> 00:46:52,760
And so those are basically three
different things, the 

939
00:46:52,760 --> 00:46:56,080
observation to creation or the 
actual understanding of what is 

940
00:46:56,080 --> 00:46:59,320
then behind that, right? 
Yeah, I still don't know the 

941
00:46:59,320 --> 00:47:02,480
name. 
No, but I know, I know that 

942
00:47:02,480 --> 00:47:05,240
idea. 
Like, yeah, there's a that's a 

943
00:47:05,240 --> 00:47:07,360
lot of talk about, you know, 
your thoughts create your 

944
00:47:07,360 --> 00:47:11,040
reality and your reality. 
Your thoughts create your 

945
00:47:11,040 --> 00:47:14,360
personality and your personality
is your personal reality 

946
00:47:14,360 --> 00:47:16,760
reality. 
That's the lens in which you see

947
00:47:16,760 --> 00:47:18,360
things. 
And this is where it gets 

948
00:47:18,360 --> 00:47:21,120
interesting. 
Because what what entrepreneurs 

949
00:47:21,120 --> 00:47:25,720
do is they find a common lens 
that we all have and add value 

950
00:47:25,720 --> 00:47:28,760
to that lens. 
So they make a better lens for 

951
00:47:28,760 --> 00:47:30,840
all the people that use that 
specific lens. 

952
00:47:31,200 --> 00:47:33,000
Let's say photo sharing is a 
lens. 

953
00:47:33,000 --> 00:47:36,120
Let's say money is a lens. 
But whatever it is, people are 

954
00:47:36,120 --> 00:47:37,920
trying to make those lenses 
better. 

955
00:47:39,120 --> 00:47:42,600
And so I think of entrepreneurs 
like, let's say Albert Einstein,

956
00:47:42,600 --> 00:47:45,320
his work in science, everyone is
adopted. 

957
00:47:45,520 --> 00:47:48,080
Everyone has adopted that 
because it's not optional. 

958
00:47:48,320 --> 00:47:50,440
It's got 8 billion users 
overnight because it's a 

959
00:47:50,440 --> 00:47:53,120
physics, like it's a truth in 
the universe. 

960
00:47:53,600 --> 00:47:58,680
So now if we start thinking 
about that, it's like you start 

961
00:47:58,680 --> 00:48:00,960
thinking about the the layers 
that we can go down. 

962
00:48:00,960 --> 00:48:03,600
It's like, oh, if you go into 
maths and equations, if you make

963
00:48:03,600 --> 00:48:06,480
a beautiful equation for 
everyone to use for humanity, 

964
00:48:06,480 --> 00:48:10,160
that's a truth of the universe. 
Then you've just given 8 billion

965
00:48:10,160 --> 00:48:13,680
people, you know, a new tool. 
Like, that's an instantly 

966
00:48:13,680 --> 00:48:16,720
available tool to everyone. 
Yeah, because it's a truth. 

967
00:48:16,760 --> 00:48:19,480
It's instantly downloadable. 
So it's just like, imagine this 

968
00:48:19,480 --> 00:48:22,280
neural link, right? 
Neural link is this brain chip 

969
00:48:22,280 --> 00:48:23,480
in your head. 
It's like. 

970
00:48:24,120 --> 00:48:25,440
That's one way of thinking about
it. 

971
00:48:25,440 --> 00:48:29,240
But imagine I could give you an 
equation that helped translate 

972
00:48:29,240 --> 00:48:33,200
everything around you instantly 
to understand it, not to know 

973
00:48:33,200 --> 00:48:34,880
what it is like. 
Oh, that's a fish. 

974
00:48:34,880 --> 00:48:37,000
That's a this. 
Because nothing is a fish. 

975
00:48:37,000 --> 00:48:40,080
Nothing is a bear or whatever. 
It's that's all the labels we 

976
00:48:40,080 --> 00:48:42,040
gave it. 
What's its energy like? 

977
00:48:42,080 --> 00:48:44,720
Show me its energy because its 
energy signature is what it 

978
00:48:44,720 --> 00:48:47,520
really is. 
And so I think. 

979
00:48:48,040 --> 00:48:50,840
I think we're becoming more, 
more down the rabbit hole in 

980
00:48:50,840 --> 00:48:52,360
that. 
And I think because as we get 

981
00:48:52,360 --> 00:48:55,240
the world's getting very small 
and we're like, I don't know 

982
00:48:55,240 --> 00:48:58,800
what everyone thinks like last 
time I checked, I haven't seen 

983
00:48:58,800 --> 00:49:00,760
any aliens driving past our 
planet. 

984
00:49:01,120 --> 00:49:03,840
Like if we think about planet 
like a house, I haven't seen 

985
00:49:03,840 --> 00:49:05,360
many aliens driving past our 
planet. 

986
00:49:06,000 --> 00:49:08,440
So why the fuck are we all 
trying to kill each other? 

987
00:49:08,520 --> 00:49:10,360
It doesn't even make any sense 
to me. 

988
00:49:10,360 --> 00:49:12,000
No. 
Makes no sense. 

989
00:49:12,000 --> 00:49:14,880
No, I agree. 
It's legitimately retarded. 

990
00:49:14,920 --> 00:49:17,800
And so how am I disrespect the 
thoughts of people that we're 

991
00:49:17,800 --> 00:49:20,400
all trying to kill each other? 
It's like, why are we dropping 

992
00:49:20,400 --> 00:49:22,760
bombs on each other? 
Dude, we need their resources 

993
00:49:22,760 --> 00:49:24,320
and they need you. 
It's like. 

994
00:49:25,480 --> 00:49:27,280
It would be way more efficient 
as a planet. 

995
00:49:27,280 --> 00:49:30,160
It's all random actually, like 
where we ended up and where 

996
00:49:30,160 --> 00:49:32,040
everyone ended, or what the 
borders are. 

997
00:49:32,280 --> 00:49:34,080
I chose. 
That guy chose to be there. 

998
00:49:34,080 --> 00:49:37,480
You think he chose to be there, 
to be born in whatever? 

999
00:49:37,800 --> 00:49:38,920
Yeah. 
No, it's nonsense. 

1000
00:49:38,960 --> 00:49:39,720
Yeah, I agree. 
It's. 

1001
00:49:39,720 --> 00:49:41,640
Insane. 
Anyway, so I think we need to 

1002
00:49:41,640 --> 00:49:44,760
sort of start finding ways to 
work on the same team, and we've

1003
00:49:44,760 --> 00:49:47,680
been getting better at that as a
species, you know? 

1004
00:49:47,680 --> 00:49:50,680
Fortunately, the Internet helped
us all have one. 

1005
00:49:51,240 --> 00:49:54,320
Sort of central database let's 
say or reservoir or whatever 

1006
00:49:54,320 --> 00:49:57,560
that we can like little like 
like like in the Serengeti we 

1007
00:49:57,600 --> 00:50:00,280
can have some information. 
From all the animals go to the 

1008
00:50:00,280 --> 00:50:03,000
watering hole and they all share
from the same watering hole and 

1009
00:50:03,000 --> 00:50:05,240
they respect each other's 
boundaries and some get killed 

1010
00:50:05,240 --> 00:50:07,080
in the process and the crocodile
snaps something. 

1011
00:50:07,440 --> 00:50:09,720
But it's like a common watering 
hole that's like the Internet. 

1012
00:50:09,760 --> 00:50:14,280
And so we have the common, let's
say the common. 

1013
00:50:14,720 --> 00:50:17,560
Telephone the Internet. 
Now we have the common language,

1014
00:50:17,560 --> 00:50:20,000
which would be English, and 
that's not because it's the most

1015
00:50:20,000 --> 00:50:22,280
spoken, it's because it's the 
second most spoken. 

1016
00:50:22,320 --> 00:50:24,760
Because if you're trying to find
the most common thing somewhere,

1017
00:50:25,040 --> 00:50:27,880
you know we want to go to like, 
hey, what's the the highest 

1018
00:50:27,880 --> 00:50:30,280
number? 
It's like no no if I randomly 

1019
00:50:30,280 --> 00:50:32,920
picked anyone, what's the most 
most understood? 

1020
00:50:32,920 --> 00:50:34,920
Second language. 
You know what's the most common 

1021
00:50:34,920 --> 00:50:36,880
second language? 
Well, we'll go for that because 

1022
00:50:36,880 --> 00:50:38,880
that's if everyone's got the 
same backup. 

1023
00:50:39,240 --> 00:50:41,040
We'll go with the people that 
have got the same backup. 

1024
00:50:41,040 --> 00:50:43,080
Let's say my first language 
doesn't work and we'll go with 

1025
00:50:43,120 --> 00:50:44,160
the backup. 
Yeah, yeah. 

1026
00:50:44,760 --> 00:50:47,160
And so, and then now we've got 
money. 

1027
00:50:47,160 --> 00:50:50,000
So we've got a language, we've 
got a database, and now we've 

1028
00:50:50,000 --> 00:50:52,720
got a Ledger like we call it 
money, but it's just an energy 

1029
00:50:52,720 --> 00:50:55,800
Ledger really. 
So now as a species, we can all 

1030
00:50:55,800 --> 00:50:59,600
write to the same place. 
So we're building on the same 

1031
00:50:59,600 --> 00:51:02,320
foundation together. 
And I think that'll help bring 

1032
00:51:02,320 --> 00:51:05,040
us closer together because now 
we all realize like the Internet

1033
00:51:05,040 --> 00:51:08,480
made us feel much further away, 
but closer together in a way. 

1034
00:51:08,480 --> 00:51:12,840
Like I now know what? 
You know what's happening in, 

1035
00:51:12,840 --> 00:51:15,400
let's say bombs are going off on
the other side of the world. 

1036
00:51:15,400 --> 00:51:17,640
I know that. 
And I can see multiple 

1037
00:51:17,760 --> 00:51:20,160
perspectives and angles and 
stuff because there's so much 

1038
00:51:20,160 --> 00:51:23,480
collaborative journalism from 
all this, you know, influences 

1039
00:51:23,480 --> 00:51:25,920
on social media and stuff. 
So you get more opinions. 

1040
00:51:25,920 --> 00:51:29,280
And I think as we're getting 
hyper fed opinions, our brains 

1041
00:51:29,280 --> 00:51:32,240
are getting better at 
synthesizing all of it and 

1042
00:51:32,360 --> 00:51:34,160
drawing patterns. 
I feel like we're getting way 

1043
00:51:34,160 --> 00:51:36,520
better at pattern matching and 
we don't actually know it yet. 

1044
00:51:36,520 --> 00:51:39,240
Like our consciousness is 
growing like crazy and we're not

1045
00:51:39,240 --> 00:51:40,920
really sure. 
We don't. 

1046
00:51:40,920 --> 00:51:42,640
We can't really explain it. 
It feels like. 

1047
00:51:44,560 --> 00:51:47,520
But but yeah dude, I think, I 
think, you know it's funny. 

1048
00:51:47,720 --> 00:51:50,720
I think we're just about to 
enter the most exciting time in 

1049
00:51:50,720 --> 00:51:52,480
human history. 
I really do. 

1050
00:51:52,600 --> 00:51:55,120
We've got a lot of hard times 
ahead, but I think we're about 

1051
00:51:55,120 --> 00:52:00,760
to go into a straight up, like 
full on, ready to take on the 

1052
00:52:00,760 --> 00:52:04,320
universe where we all sort of. 
This is a locker room talk time 

1053
00:52:04,320 --> 00:52:07,640
of a moment for Earth like we 
are, we are. 

1054
00:52:07,640 --> 00:52:11,560
We've gotten so good at 
harnessing interconnectivity 

1055
00:52:11,880 --> 00:52:15,400
that when you have 
interconnectivity on anything, 

1056
00:52:15,400 --> 00:52:19,080
it now means that everything has
become one, which now means 

1057
00:52:19,520 --> 00:52:21,480
that's a single point of 
failure, right? 

1058
00:52:22,200 --> 00:52:26,400
So because we're all 
interconnected, we are Now we 

1059
00:52:26,400 --> 00:52:28,120
have things like new technology 
can. 

1060
00:52:28,640 --> 00:52:29,960
Can break the bank. 
Always. 

1061
00:52:29,960 --> 00:52:32,080
Instantly. 
So AI, right, This threat of AI 

1062
00:52:32,080 --> 00:52:34,880
can kill the, you know, kill the
Internet or maybe, you know, 

1063
00:52:35,000 --> 00:52:38,480
people breaking RSA encryption 
or all these kind of they feel 

1064
00:52:38,480 --> 00:52:42,280
like game over moments, right? 
As we start getting closer to 

1065
00:52:42,280 --> 00:52:46,640
these moments as a species, we 
start realizing that it's yeah, 

1066
00:52:46,640 --> 00:52:49,600
right guys, it's time to stop 
fucking around like this isn't 

1067
00:52:49,600 --> 00:52:53,080
about you printing money and 
fucking doing whatever this is. 

1068
00:52:53,520 --> 00:52:55,920
This is do or die time and if we
are on a team, we are not 

1069
00:52:55,920 --> 00:52:58,000
fucking around and we aren't 
taking ourselves seriously as a 

1070
00:52:58,000 --> 00:53:00,960
species, Let's go. 
We can fucking harness the 

1071
00:53:00,960 --> 00:53:02,200
universe. 
We're the masters of the 

1072
00:53:02,200 --> 00:53:03,840
universe. 
This is our universe. 

1073
00:53:03,840 --> 00:53:06,840
We are part of it too. 
It's our job to play ball with 

1074
00:53:06,840 --> 00:53:10,480
it, so we need to respect and 
understand it and it's really, 

1075
00:53:10,480 --> 00:53:12,880
really hard to respect and 
understand what's going on. 

1076
00:53:13,040 --> 00:53:16,280
If everyone's, you know, arguing
inside, it's like saying hey, 

1077
00:53:16,280 --> 00:53:18,480
look at the look at the 
fireworks on New Year's Eve 

1078
00:53:18,480 --> 00:53:22,280
outside and or you know. 
Let's say look at the fireworks 

1079
00:53:22,280 --> 00:53:24,360
outside. 
No, I'm too busy arguing in my 

1080
00:53:24,360 --> 00:53:26,480
house. 
It's like, dude, you're missing 

1081
00:53:26,480 --> 00:53:28,120
it all. 
Like, you know, it's like being 

1082
00:53:28,200 --> 00:53:30,800
on holidays and standing in your
room arguing instead of looking 

1083
00:53:30,800 --> 00:53:33,840
at the beautiful. 
You know, the lions outside if 

1084
00:53:33,840 --> 00:53:36,080
you're in Africa or so. 
I don't know on a looking at the

1085
00:53:36,080 --> 00:53:38,600
view out the window. 
But do you think that that when 

1086
00:53:39,600 --> 00:53:40,840
I love what you said about 
truth. 

1087
00:53:40,840 --> 00:53:43,880
By the way, the name I drew 
blank on was Charles Darwin. 

1088
00:53:43,880 --> 00:53:45,160
Like hello. 
Oh, that dude. 

1089
00:53:46,160 --> 00:53:51,640
Yeah, smart cat dude. 
Yeah when you talk about truth I

1090
00:53:51,640 --> 00:53:54,360
like like what you said about 
internets with information you 

1091
00:53:54,360 --> 00:53:59,200
know we have speech but the 
money you know I I love what 

1092
00:53:59,200 --> 00:54:02,760
that you said truth because I 
once I once tweeted like and I 

1093
00:54:02,800 --> 00:54:05,240
think I I also heard it of 
someone else or maybe I could 

1094
00:54:05,240 --> 00:54:10,280
take credit for it but I love I 
love like bit Bitcoin is like 

1095
00:54:11,440 --> 00:54:15,160
engineered truth like the 
ultimate engineered truth it's. 

1096
00:54:15,160 --> 00:54:17,520
Just the only thing it is, It's 
the only thing it is, right? 

1097
00:54:17,560 --> 00:54:20,680
It's just this thing. 
Anytime you look at it, anyone 

1098
00:54:20,680 --> 00:54:26,120
who looks at it, however you 
look at it, it's always the same

1099
00:54:26,120 --> 00:54:27,640
thing. 
It's just the same thing. 

1100
00:54:27,640 --> 00:54:30,120
And the entire network, 
including the security and all 

1101
00:54:30,120 --> 00:54:34,360
the people and decentralization,
they make sure that it's always 

1102
00:54:34,360 --> 00:54:37,240
correct and they are all 
incentivized to make sure it's 

1103
00:54:37,240 --> 00:54:39,000
correct. 
You have to play by the rules or

1104
00:54:39,000 --> 00:54:43,080
you cannot benefit from the 
results of the rules, right. 

1105
00:54:43,480 --> 00:54:47,680
And so it's ultimate engineered 
truth. 

1106
00:54:47,840 --> 00:54:52,040
And when we see that, I think 
you know where where we want to 

1107
00:54:52,040 --> 00:54:55,640
go or what you just talked about
like once you understand that, 

1108
00:54:55,640 --> 00:54:58,920
then you also don't have to 
worry about it and no one can do

1109
00:54:58,920 --> 00:55:00,280
anything about it. 
So it just. 

1110
00:55:00,280 --> 00:55:03,440
It it it, it disappears in a 
sense, right? 

1111
00:55:03,440 --> 00:55:06,040
It moves to the background. 
It's not top of mind anymore. 

1112
00:55:06,280 --> 00:55:09,400
And so then you can actually 
lookout the window or see the 

1113
00:55:09,400 --> 00:55:12,000
fireworks or see the light. 
Yeah, because it's not. 

1114
00:55:12,280 --> 00:55:13,880
It's not. 
It doesn't have to occupy a 

1115
00:55:13,880 --> 00:55:16,160
space in your in your 
consciousness anymore. 

1116
00:55:16,200 --> 00:55:18,320
Yes, exactly. 
And now your consciousness is 

1117
00:55:18,320 --> 00:55:21,640
free to roam on other things, so
you can discover more creative 

1118
00:55:21,640 --> 00:55:22,880
things or whatever. 
Exactly. 

1119
00:55:24,000 --> 00:55:25,960
Yeah, it's well, like the 
children, right? 

1120
00:55:25,960 --> 00:55:28,760
What you talked about like you 
can be a child again and 

1121
00:55:29,040 --> 00:55:31,720
exactly. 
And now let's think about that, 

1122
00:55:31,720 --> 00:55:34,520
right? 
So think about if you were born 

1123
00:55:34,520 --> 00:55:38,120
in, let's say, 1900. 
You get, you know, you get 

1124
00:55:38,120 --> 00:55:39,960
educated, you go to school and 
whatever. 

1125
00:55:40,080 --> 00:55:43,960
If you're born in the year 2000,
you get educated, you go to 

1126
00:55:43,960 --> 00:55:47,880
school, you get an iPhone. 
I think here's a Here's a 

1127
00:55:47,880 --> 00:55:50,960
prediction. 
People are going to be born. 

1128
00:55:51,360 --> 00:55:54,440
And because knowledge is so 
consolidated now that everything

1129
00:55:54,440 --> 00:55:57,720
is a click away, like you can 
ask ChatGPT, anything. 

1130
00:55:57,720 --> 00:56:01,000
So any creative kid can sit 
there and just ask at any 

1131
00:56:01,000 --> 00:56:04,040
question in the world and get a 
meaningful amount of meaningful 

1132
00:56:04,040 --> 00:56:06,360
amount of accuracy, most likely 
depending on it, right. 

1133
00:56:06,720 --> 00:56:09,120
But so you're going to have 
kids. 

1134
00:56:09,160 --> 00:56:11,720
Education is not going to be a 
thing in existence. 

1135
00:56:11,720 --> 00:56:14,880
The only thing we'll probably 
get educated about is energy. 

1136
00:56:15,160 --> 00:56:18,240
So if you think coming out into 
the earth, right, you say you 

1137
00:56:18,240 --> 00:56:21,000
come out, you got to figure out,
go to get a job, do this. 

1138
00:56:21,640 --> 00:56:24,560
You don't actually have to. 
Now Bitcoin is a public utility 

1139
00:56:24,560 --> 00:56:27,360
that pays anyone if they know 
energy really well. 

1140
00:56:27,680 --> 00:56:29,920
Hi, you know energy better than 
them. 

1141
00:56:29,960 --> 00:56:32,520
I'll pay you more than them. 
And it's like really? 

1142
00:56:32,920 --> 00:56:35,640
Yeah, I'll pay you way more. 
Like I will pay you the most 

1143
00:56:35,640 --> 00:56:37,880
amount if you know energy better
than everyone else. 

1144
00:56:37,880 --> 00:56:39,280
And that means energy 
efficiency. 

1145
00:56:39,280 --> 00:56:42,120
If I can make the most efficient
energy systems, I will get the 

1146
00:56:42,120 --> 00:56:44,120
biggest reward from a public 
utility. 

1147
00:56:44,480 --> 00:56:46,120
And that's the public utility is
Bitcoin. 

1148
00:56:46,480 --> 00:56:48,880
So you're going to have kids 
just like we have people that 

1149
00:56:49,280 --> 00:56:51,280
it's a very. 
And I know this sounds 

1150
00:56:51,280 --> 00:56:55,360
ridiculous, but much like we're 
going to put so much onus on 

1151
00:56:55,400 --> 00:56:57,840
energy in the future, I think 
we've finished information. 

1152
00:56:57,840 --> 00:56:58,960
I think we're pretty close to 
it. 

1153
00:56:58,960 --> 00:57:01,600
So the age of information is 
gone and I think we're about to 

1154
00:57:01,600 --> 00:57:04,760
migrate into the age of energy. 
And I think Bitcoin is that 

1155
00:57:04,760 --> 00:57:09,440
connective tissue helping us 
move from information to energy 

1156
00:57:09,440 --> 00:57:13,480
as a as a species. 
But you know, if you think about

1157
00:57:13,480 --> 00:57:17,600
it as an incentive or an enabler
or accelerator, so. 

1158
00:57:17,840 --> 00:57:21,440
So it. 
Well, Bitcoin is, you know, if 

1159
00:57:21,440 --> 00:57:26,400
we, if we're sort of information
is so arbitrary, which is what 

1160
00:57:26,400 --> 00:57:28,520
we've realized it can be this, 
it can be that, it can be 

1161
00:57:28,520 --> 00:57:31,400
whatever, but it doesn't matter.
So now we're so focused on what 

1162
00:57:31,400 --> 00:57:34,480
matters, purposeful things. 
And we look at Bitcoin because 

1163
00:57:34,720 --> 00:57:38,080
it's expensive and it's hard to 
use and Bitcoin's so valuable. 

1164
00:57:38,240 --> 00:57:41,680
We know that any time someone is
making a transaction on it, it's

1165
00:57:41,680 --> 00:57:44,200
a purposeful event. 
Like, I don't know when the last

1166
00:57:44,200 --> 00:57:45,280
time. 
Unless you're spamming people 

1167
00:57:45,280 --> 00:57:46,800
with, you know, wallet of 
Satoshi. 

1168
00:57:47,120 --> 00:57:48,320
Yeah, yeah, you have to. 
Yeah. 

1169
00:57:48,320 --> 00:57:49,240
Yeah, yeah. 
No, it's. 

1170
00:57:49,240 --> 00:57:50,840
Everything. 
That proof of work, it 

1171
00:57:50,880 --> 00:57:54,200
represents something, yeah. 
It is a is very, yeah. 

1172
00:57:54,720 --> 00:57:56,560
Exactly. 
It's something that happened and

1173
00:57:56,560 --> 00:57:59,040
now we can tether that behavior 
to something that happened 

1174
00:57:59,040 --> 00:58:01,840
offline, right? 
So it's like some moment on this

1175
00:58:01,840 --> 00:58:04,400
chain with this, this digital 
Ledger of numbers. 

1176
00:58:04,880 --> 00:58:08,240
It's got some level of influence
in its physical reality. 

1177
00:58:08,400 --> 00:58:11,000
So let's say I'll give you a 
perfect example. 

1178
00:58:11,240 --> 00:58:14,360
Let's say tomorrow Satoshi's 
coins move to Coinbase. 

1179
00:58:14,960 --> 00:58:19,040
I I don't have a time machine 
yet, but I guarantee you with my

1180
00:58:19,040 --> 00:58:21,920
hand on my heart that there will
be an article about it. 

1181
00:58:21,920 --> 00:58:24,760
It will be trending on Twitter. 
It will be an article in 

1182
00:58:24,800 --> 00:58:26,040
Coinbase. 
It'll be an article in the 

1183
00:58:26,040 --> 00:58:27,400
block. 
And people are like, oh, how 

1184
00:58:27,400 --> 00:58:30,200
could you know that? 
It's like no read the tea leaves

1185
00:58:30,400 --> 00:58:33,760
these coins the highest value 
that a wallet can have on it. 

1186
00:58:34,520 --> 00:58:38,760
Beyond its monetary value, the 
next highest thing is it's days 

1187
00:58:38,760 --> 00:58:41,440
destroyed. 
So the higher amount of days 

1188
00:58:41,440 --> 00:58:45,160
destroyed it has, the more 
deterministic you can say the 

1189
00:58:45,160 --> 00:58:48,880
supply is and how unlikely 
something is going to move again

1190
00:58:48,880 --> 00:58:51,000
like because once it's the trend
is the friend. 

1191
00:58:51,000 --> 00:58:53,160
So once you start having a 
really high amount of days 

1192
00:58:53,160 --> 00:58:55,320
destroyed, it gets more and more
likely that they're never going 

1193
00:58:55,320 --> 00:58:58,920
to change. 
And I think that's sort of now 

1194
00:58:58,920 --> 00:59:01,560
when you have the higher that 
metric is on your wallet. 

1195
00:59:02,400 --> 00:59:05,920
The higher the influence is in 
the off in the physical space. 

1196
00:59:06,280 --> 00:59:08,320
So it's just like if you have 
there's two things. 

1197
00:59:08,320 --> 00:59:10,040
It's days destroyed and the 
amount of money. 

1198
00:59:10,240 --> 00:59:13,760
If you have lots of money, you 
get a tweet whale moved one 

1199
00:59:13,760 --> 00:59:16,400
trillion you know dollars worth 
of Bitcoin to Coinbase. 

1200
00:59:16,440 --> 00:59:19,280
Cool. 
But it's like you know a wallet 

1201
00:59:19,280 --> 00:59:22,480
that hasn't moved coins since 
the first genesis block. 

1202
00:59:22,680 --> 00:59:25,520
Just move things. 
Well, there is someone there. 

1203
00:59:25,520 --> 00:59:28,000
Something is happening, yes. 
Exactly that's the thing, that's

1204
00:59:28,120 --> 00:59:30,640
the thing in it. 
So you you try and look at how 

1205
00:59:30,720 --> 00:59:33,760
well how do these things, how 
entangled are is the physical 

1206
00:59:33,760 --> 00:59:36,720
and the non physical between 
Bitcoin and I think that's also 

1207
00:59:36,720 --> 00:59:40,760
something that's only possible 
with Bitcoin actually to have 

1208
00:59:40,760 --> 00:59:45,800
that transparency and see 
everything, everything that is. 

1209
00:59:46,160 --> 00:59:50,960
Everything Everywhere happening,
but also what did not happen and

1210
00:59:50,960 --> 00:59:54,600
for how long and from when on 
all these things. 

1211
00:59:54,600 --> 00:59:56,720
Yeah, that. 
That still actually surprises me

1212
00:59:56,720 --> 00:59:58,400
daily. 
Sometimes when I see these 

1213
00:59:59,200 --> 01:00:02,640
people tweet out these tests, 
like an app, you know, 

1214
01:00:02,680 --> 01:00:06,760
blockchain analysis, whatever. 
Then I think like this is the 

1215
01:00:06,760 --> 01:00:11,240
only thing for which this is 
possible, that the whole 

1216
01:00:11,640 --> 01:00:16,480
heritage, the whole provenance, 
all the everything you can see, 

1217
01:00:16,480 --> 01:00:21,120
everything and anything else. 
Disregard it as money or store 

1218
01:00:21,120 --> 01:00:23,720
failure or whatever, like you 
can actually not. 

1219
01:00:23,720 --> 01:00:28,320
Well, maybe homes come closest 
in some sense or something, but.

1220
01:00:28,360 --> 01:00:31,120
Even that, it's all just 
everything is ruggable. 

1221
01:00:31,240 --> 01:00:34,840
Because now, yeah, there's 
always people in between, yeah. 

1222
01:00:35,200 --> 01:00:38,880
Everything is ruggable and it 
just means not like give it to 

1223
01:00:38,880 --> 01:00:39,560
me. 
It's mine. 

1224
01:00:39,560 --> 01:00:42,080
Like screw the government 
because I actually, in my head, 

1225
01:00:42,080 --> 01:00:43,840
I actually really like 
government because I think 

1226
01:00:43,840 --> 01:00:46,640
they've done a really good job 
to do their best without all the

1227
01:00:46,640 --> 01:00:49,320
information we have now. 
It seems obvious to us now, but.

1228
01:00:49,400 --> 01:00:51,520
At the time, they're sort of 
like trying to figure out how to

1229
01:00:51,520 --> 01:00:54,280
make it work and I give them the
benefit of the doubt anyway. 

1230
01:00:55,400 --> 01:01:02,000
But you know in this point it's 
like why would you people want 

1231
01:01:02,000 --> 01:01:07,120
sovereignty People like the the 
the soul yearns for it right. 

1232
01:01:07,120 --> 01:01:11,880
I think and I think you know who
people are become purpose comes 

1233
01:01:11,880 --> 01:01:14,920
after independence I think and 
solitude. 

1234
01:01:14,920 --> 01:01:17,760
And so that sovereignty is part 
of that solitude process if you 

1235
01:01:17,760 --> 01:01:19,800
look at. 
You know, great creatives over 

1236
01:01:19,800 --> 01:01:22,160
history, they've always been 
obsessed with solitude. 

1237
01:01:22,360 --> 01:01:25,760
Like, just because solitude is 
no distractions, it's just you 

1238
01:01:25,760 --> 01:01:28,920
and your thoughts. 
So, look, I'm pretty sure you're

1239
01:01:28,920 --> 01:01:32,320
gonna find out what your purpose
is, more likely than sitting in 

1240
01:01:32,320 --> 01:01:35,640
a cafe drinking a Pepsi Max. 
Like, you know, I'm pretty sure 

1241
01:01:35,640 --> 01:01:37,120
that's not gonna be the way that
you go. 

1242
01:01:37,160 --> 01:01:39,200
Oh, OK. 
Like, you're going to need 

1243
01:01:39,800 --> 01:01:42,080
obviously suffering like in your
diet. 

1244
01:01:42,080 --> 01:01:44,000
If you've got lots of suffering 
in your, you know, like 

1245
01:01:44,640 --> 01:01:48,200
hardship, that's gonna create a 
huge amount of. 

1246
01:01:49,200 --> 01:01:52,400
I would say self understanding, 
let's say because you see how 

1247
01:01:52,400 --> 01:01:55,480
you go through battles and you 
know you build your confidence 

1248
01:01:55,480 --> 01:01:58,120
based on how you can react to 
hard times or whatever like 

1249
01:01:58,120 --> 01:02:01,080
things like that. 
And it doesn't mean you have to.

1250
01:02:01,080 --> 01:02:02,840
You don't have to react 
perfectly to everything. 

1251
01:02:02,840 --> 01:02:04,880
It just it helps you create your
identity. 

1252
01:02:04,920 --> 01:02:07,240
Who am I? 
Am I the guy that screams fuck 

1253
01:02:07,240 --> 01:02:09,960
when he stubs his toe really 
loudly and doesn't care if his 

1254
01:02:09,960 --> 01:02:12,440
neighbor's kids wake up or am I?
The guy goes. 

1255
01:02:14,000 --> 01:02:16,360
You know, like everyone's 
different, but we only know who 

1256
01:02:16,480 --> 01:02:18,360
we are from all of our 
interactions. 

1257
01:02:18,360 --> 01:02:21,200
In the same way that you 
couldn't prove to me who you 

1258
01:02:21,200 --> 01:02:23,360
are, I would tell you who you 
are. 

1259
01:02:23,440 --> 01:02:29,360
Because you you don't declare. 
So identity is not something you

1260
01:02:29,360 --> 01:02:31,360
declare, It's something that's a
sign. 

1261
01:02:31,680 --> 01:02:33,600
So I know you think, oh, no, 
that's me. 

1262
01:02:33,600 --> 01:02:36,000
I'm telling you, I'm me. 
Well, no, If I've got a machine 

1263
01:02:36,000 --> 01:02:37,920
that can produce two of you 
identically. 

1264
01:02:38,600 --> 01:02:41,680
The only way I'm going to find 
out who's who is if I ask you 

1265
01:02:41,680 --> 01:02:45,040
questions and you satisfy them 
in my mind. 

1266
01:02:45,040 --> 01:02:47,960
So if there's two of you sitting
there, I might pick the wrong 

1267
01:02:47,960 --> 01:02:50,320
one because the wrong one 
answered the contextual 

1268
01:02:50,320 --> 01:02:54,840
questions better than you did. 
And so it just gets very gets 

1269
01:02:54,840 --> 01:02:56,680
quite scary. 
You know, when we take our 

1270
01:02:56,680 --> 01:03:00,480
memories for granted, it can get
very scary because if you lose 

1271
01:03:00,480 --> 01:03:03,400
those memories or those 
thoughts, you might not ever be 

1272
01:03:03,400 --> 01:03:06,280
able to say them or they might 
not ever be able to be heard 

1273
01:03:06,280 --> 01:03:07,680
because. 
I don't know. 

1274
01:03:07,680 --> 01:03:09,560
Anyway, it's it's it's 
interesting stuff. 

1275
01:03:09,560 --> 01:03:13,320
But I think, yeah, it's super 
interesting this how does this, 

1276
01:03:14,680 --> 01:03:16,760
yeah, yeah. 
But how, how does this tie into,

1277
01:03:16,960 --> 01:03:19,920
I heard you talk before about, 
you know, self transformation 

1278
01:03:19,920 --> 01:03:21,360
etcetera. 
This is basically what you're 

1279
01:03:21,360 --> 01:03:22,720
talking about. 
Also, right? 

1280
01:03:22,720 --> 01:03:24,240
Because. 
It doesn't change. 

1281
01:03:24,320 --> 01:03:27,000
So I like if you look at like 
let's say we are influenced from

1282
01:03:27,000 --> 01:03:29,840
our environment, just say 
hypothetically we're and I think

1283
01:03:29,840 --> 01:03:31,880
we I think we absolutely are. 
It's a no brainer. 

1284
01:03:31,880 --> 01:03:33,400
But let's say you've got a 
different opinion. 

1285
01:03:34,040 --> 01:03:37,000
Humor me for a second if we're 
influenced from our environment.

1286
01:03:38,760 --> 01:03:44,080
You have never seen anything in 
history with your own eyes that 

1287
01:03:44,080 --> 01:03:46,600
doesn't change. 
And this is the first thing that

1288
01:03:46,600 --> 01:03:49,560
you've seen that doesn't change.
You can't. 

1289
01:03:50,240 --> 01:03:54,320
So it's like that to me. 
It's all, it's all consuming. 

1290
01:03:54,360 --> 01:03:56,600
It's like saying there's an that
that is an alien. 

1291
01:03:56,600 --> 01:03:59,080
Like if there was an alien that 
landed on Earth One dude, 

1292
01:03:59,560 --> 01:04:02,760
everyone would. 
Basically, you're like, they 

1293
01:04:02,760 --> 01:04:05,200
would want to know every single 
piece of information about every

1294
01:04:05,240 --> 01:04:07,520
single thing. 
So Bitcoin's the same thing. 

1295
01:04:07,520 --> 01:04:09,640
It's like he's the only, he's 
one of one. 

1296
01:04:09,920 --> 01:04:12,160
Why the fuck wouldn't I want to 
know this dude back to front, 

1297
01:04:12,160 --> 01:04:15,640
Like, he's amazing or like, it's
amazing and it's like, well, 

1298
01:04:15,640 --> 01:04:19,080
what properties does it have? 
And it's like, well, it doesn't 

1299
01:04:19,080 --> 01:04:21,440
change. 
It's like, oh cool, It likes 

1300
01:04:21,440 --> 01:04:23,400
proof of work. 
So it likes to work for its 

1301
01:04:23,680 --> 01:04:26,960
food, you know, it's like if 
it's an entity, a species. 

1302
01:04:27,400 --> 01:04:29,040
It works for its food and 
that's. 

1303
01:04:29,040 --> 01:04:33,160
And the food is the work. 
Oh no, The work is the work. 

1304
01:04:33,160 --> 01:04:34,800
The food is the The food is the 
energy. 

1305
01:04:35,080 --> 01:04:36,160
The energy. 
Exactly. 

1306
01:04:36,320 --> 01:04:39,160
Yeah. 
But yeah, you start it, it's one

1307
01:04:39,160 --> 01:04:40,640
of one. 
And so now you put it in a 

1308
01:04:40,640 --> 01:04:43,080
category of its own. 
And now I thought the easiest 

1309
01:04:43,080 --> 01:04:47,760
way to think about it is like, 
Satoshi gave this, gave us his 

1310
01:04:47,760 --> 01:04:52,400
sort of child, and he's gone now
for whatever reason. 

1311
01:04:52,400 --> 01:04:54,680
But. 
He's given us his child and it's

1312
01:04:54,800 --> 01:04:58,000
our obligation to just honor the
wishes of whatever he said when 

1313
01:04:58,000 --> 01:05:00,160
he left. 
It's not our job to fix it 

1314
01:05:00,280 --> 01:05:02,960
because I don't know if you've 
noticed in humanity, we try and 

1315
01:05:02,960 --> 01:05:06,280
fix things and we're really 
fucking terrible at it because 

1316
01:05:06,280 --> 01:05:07,680
we usually make the problem 
worse. 

1317
01:05:08,200 --> 01:05:10,200
I don't know. 
I really rarely point to 

1318
01:05:10,200 --> 01:05:11,840
anything that we've ever done 
that hasn't. 

1319
01:05:12,320 --> 01:05:15,320
I think that's what we talked 
about in the beginning that I 

1320
01:05:15,320 --> 01:05:19,120
don't know what the English word
is, but it's kind of like what 

1321
01:05:19,120 --> 01:05:21,720
what I said about you know with 
the money we can fix everything,

1322
01:05:21,720 --> 01:05:24,440
etcetera. 
Like we have that tendency. 

1323
01:05:24,440 --> 01:05:30,080
But I love how in Bitcoin 
actually and and although 

1324
01:05:30,080 --> 01:05:33,280
there's discussions obviously, 
but I think like the, the, the 

1325
01:05:33,280 --> 01:05:37,000
ethos are like the center of 
this thing. 

1326
01:05:37,480 --> 01:05:43,360
Not to believe but I think the 
understanding that is like in 

1327
01:05:43,360 --> 01:05:47,560
general people who see Bitcoin 
see that too and and they want 

1328
01:05:47,560 --> 01:05:49,160
to uphold that in a sense. 
Right. 

1329
01:05:49,160 --> 01:05:51,600
It's not. 
And and actually anyone who 

1330
01:05:51,600 --> 01:05:55,040
wants to change it or whatever, 
like they can actually do it. 

1331
01:05:55,440 --> 01:05:57,440
So. 
And that's funny because then I 

1332
01:05:57,480 --> 01:06:00,600
think you get to the proof of 
work step instantly like, OK, 

1333
01:06:01,720 --> 01:06:03,080
that's kind of where I'm at 
right now. 

1334
01:06:03,080 --> 01:06:07,040
Like if if I see people on 
Twitter like say, oh, I don't 

1335
01:06:07,040 --> 01:06:09,400
know, comment on Bitcoin and 
then I think like, well, are 

1336
01:06:09,400 --> 01:06:11,640
you, are you short? 
No. 

1337
01:06:12,320 --> 01:06:16,640
OK, your opinion is worthless. 
Do you think this application of

1338
01:06:16,640 --> 01:06:20,040
blockchain and proof of work, 
blah blah, if that sucks, well 

1339
01:06:20,040 --> 01:06:21,560
here's the code. 
Good luck. 

1340
01:06:21,600 --> 01:06:23,440
Are you doing that? 
You know Greenpeace? 

1341
01:06:24,160 --> 01:06:25,680
Are you doing that? 
No. 

1342
01:06:26,160 --> 01:06:27,360
Right. 
Are you doing it? 

1343
01:06:27,360 --> 01:06:29,240
No. 
So then it's worthless. 

1344
01:06:29,280 --> 01:06:35,200
And I love, I love that mechanic
of of the whole proof of work 

1345
01:06:35,200 --> 01:06:39,960
ethos is that you can actually 
change it if you don't. 

1346
01:06:40,720 --> 01:06:43,240
When you're talking, you're 
talking trash like you're not 

1347
01:06:43,240 --> 01:06:46,720
following up with your words. 
So you have to And I think 

1348
01:06:46,720 --> 01:06:49,920
that's like one of the biggest 
lessons in Bitcoin is that 

1349
01:06:50,520 --> 01:06:55,800
adopting really adopting a proof
of work ethos in in how you 

1350
01:06:55,840 --> 01:06:58,040
operate or how you live for life
and stuff. 

1351
01:06:58,160 --> 01:06:59,680
Yeah. 
It's discipline that it's 

1352
01:06:59,680 --> 01:07:01,880
exhibited. 
But here's the thing, because 

1353
01:07:01,880 --> 01:07:05,040
with Bitcoin's actions are only 
based on the node operators and 

1354
01:07:05,040 --> 01:07:09,160
so it's like it's it's 
discipline is exhibited through.

1355
01:07:09,760 --> 01:07:12,640
The firmness and the 
understanding that node 

1356
01:07:12,640 --> 01:07:15,400
operators have because Bitcoin 
doesn't change, because the node

1357
01:07:15,400 --> 01:07:19,080
operators say no, I'm not 
changing, and that that's sort 

1358
01:07:19,080 --> 01:07:20,680
of this weird part where you go 
wow. 

1359
01:07:21,240 --> 01:07:23,440
People are really that 
respectful. 

1360
01:07:23,640 --> 01:07:26,600
There is hope in that 
respectfulness of the protocols 

1361
01:07:26,880 --> 01:07:29,320
because we usually see people. 
Everyone wants to get their 

1362
01:07:29,320 --> 01:07:32,360
dirty fucking hands on it. 
Everyone needs to change it for 

1363
01:07:32,360 --> 01:07:34,920
self-interest. 
Self-interest is collective 

1364
01:07:34,960 --> 01:07:38,640
incentive to, of course. 
And this is a group project like

1365
01:07:38,640 --> 01:07:40,960
this is Satoshi's baby, and 
we're all doing a group 

1366
01:07:40,960 --> 01:07:42,880
assignment on planet Earth. 
You remember you need. 

1367
01:07:42,960 --> 01:07:44,920
To do group assignments, it's 
the same thing. 

1368
01:07:44,920 --> 01:07:47,680
It's a big group assignment. 
And he's like, hey guys, don't 

1369
01:07:47,680 --> 01:07:50,200
fuck up, please get me an A. 
And we're like, well, that's 

1370
01:07:50,200 --> 01:07:52,240
funny because it's without 
instruction. 

1371
01:07:52,240 --> 01:07:55,960
It's, well, it's, I want to say 
it's without instruction, it's 

1372
01:07:55,960 --> 01:08:02,280
with the description. 
But you have to, yeah, process 

1373
01:08:02,280 --> 01:08:06,360
that in your mind a certain way 
before you decide yourself if 

1374
01:08:06,360 --> 01:08:07,640
you want to be in a group 
project. 

1375
01:08:07,840 --> 01:08:09,840
Right. 
So it's not exactly no one 

1376
01:08:09,840 --> 01:08:12,320
forces you to be in a group 
project or whatever. 

1377
01:08:12,320 --> 01:08:16,240
Like it's your yeah. 
And Satoshi knew that. 

1378
01:08:16,240 --> 01:08:18,680
And he didn't want to force 
people into a group project. 

1379
01:08:18,680 --> 01:08:20,760
So I'll tell you how you force 
someone you give him. 

1380
01:08:21,200 --> 01:08:24,000
Satoshi invented irreversible 
digital money. 

1381
01:08:24,359 --> 01:08:26,640
If you invent irreversible 
digital money, the people that 

1382
01:08:26,640 --> 01:08:29,200
need that porn sites, gambling 
sites, you can make that a 

1383
01:08:29,200 --> 01:08:30,800
billion dollar business in a 
month. 

1384
01:08:31,319 --> 01:08:33,840
Now you can make it a billion 
dollar business. 

1385
01:08:34,000 --> 01:08:37,560
Or instead of taking it to porn 
and gambling sites, you could go

1386
01:08:37,560 --> 01:08:41,200
to. 
The cryptographers and say, hey,

1387
01:08:41,439 --> 01:08:44,920
this is gonna be really special 
in the future, but please 

1388
01:08:44,920 --> 01:08:48,600
nurture it and and and keep it 
pure because they know that the 

1389
01:08:48,600 --> 01:08:50,319
incentives of the 
cryptographers. 

1390
01:08:50,920 --> 01:08:54,279
If they like it, they're there 
to work because they like it, 

1391
01:08:54,279 --> 01:08:57,240
not because of the carrot that 
comes at the end of the work, 

1392
01:08:57,439 --> 01:08:59,680
which is like, you know, like 
the cryptographer's like, oh, 

1393
01:08:59,880 --> 01:09:03,279
this is cool, Just like someone 
when you like doing something 

1394
01:09:03,279 --> 01:09:04,840
genuine, yeah. 
They're genuine. 

1395
01:09:04,840 --> 01:09:07,000
It's like, it's like, it's like 
a kid playing with Lego. 

1396
01:09:07,000 --> 01:09:08,479
He doesn't think he's building 
something. 

1397
01:09:08,479 --> 01:09:11,319
He's like, this is cool. 
It's a pro, like, you know, he's

1398
01:09:11,319 --> 01:09:12,760
having fun. 
And that's where the 

1399
01:09:12,760 --> 01:09:14,720
cryptographers are like, wow, 
this is new tech. 

1400
01:09:14,720 --> 01:09:16,319
We haven't haven't seen this 
before. 

1401
01:09:16,640 --> 01:09:20,720
So they're a safer place to park
it for longevity than putting it

1402
01:09:20,720 --> 01:09:22,080
in. 
Into the hands of perverted 

1403
01:09:22,080 --> 01:09:23,680
incentives, You know what I 
mean? 

1404
01:09:23,920 --> 01:09:26,359
These guys are just cool. 
Well, it was like aligned 

1405
01:09:26,359 --> 01:09:28,920
incentives from the start. 
I think like perverted 

1406
01:09:28,920 --> 01:09:34,120
incentives are, well, abundant 
in the in the in the current. 

1407
01:09:34,120 --> 01:09:34,840
System. 
Right. 

1408
01:09:34,880 --> 01:09:36,279
It's only the. 
Yeah, exactly. 

1409
01:09:36,399 --> 01:09:37,240
Yeah. 
Yeah. 

1410
01:09:37,279 --> 01:09:41,960
From the start, also, right. 
So there was no noble or genuine

1411
01:09:41,960 --> 01:09:45,479
start. 
It obviously serves the people 

1412
01:09:45,479 --> 01:09:48,439
who came up with it. 
And I think that's also why it's

1413
01:09:48,439 --> 01:09:53,040
so amazing that whoever whatever
which group, Satoshi is that 

1414
01:09:53,040 --> 01:09:55,280
like that that that they are not
there. 

1415
01:09:55,280 --> 01:09:56,000
Like what? 
A. 

1416
01:09:56,000 --> 01:10:00,560
How do you say what a, what a, 
what A selfless act. 

1417
01:10:00,800 --> 01:10:04,040
You know, it's amazing. 
A. 100 percent, 100% I think so 

1418
01:10:04,040 --> 01:10:05,080
too. 
I think so too. 

1419
01:10:05,320 --> 01:10:09,120
And it's like it just that it's 
it sets, dude, this is we're 

1420
01:10:09,120 --> 01:10:12,880
seeing what this sets. 
Like we're seeing in real time. 

1421
01:10:13,880 --> 01:10:17,320
A human being or an entity set? 
An example of behavior, yeah, 

1422
01:10:17,320 --> 01:10:19,400
That other people want to 
exhibit, yes. 

1423
01:10:19,600 --> 01:10:23,240
Yes, in a really grand way. 
And this is, you know, the 

1424
01:10:23,240 --> 01:10:25,160
grandest, almost the grandest, 
right? 

1425
01:10:25,360 --> 01:10:27,640
It's how we how people 
communicate with each other, 

1426
01:10:27,920 --> 01:10:28,840
yeah. 
Yeah, it's like the dude that 

1427
01:10:28,840 --> 01:10:31,120
made this money system that 
solves heaps of problems. 

1428
01:10:31,360 --> 01:10:34,480
He thought this way. 
Yeah, he's gone and he thought 

1429
01:10:34,480 --> 01:10:36,920
this way. 
FYI, it's like, all right, 

1430
01:10:36,920 --> 01:10:38,120
whatever. 
He's thinking better. 

1431
01:10:38,120 --> 01:10:41,240
He's solving a lot of problems. 
I probably could learn something

1432
01:10:41,240 --> 01:10:43,640
from his way of thinking. 
Exactly. 

1433
01:10:43,640 --> 01:10:46,080
All their way of thinking. 
So I think it's really 

1434
01:10:46,080 --> 01:10:49,160
interesting. 
I don't even think we know how 

1435
01:10:49,160 --> 01:10:52,320
many problems it's solved. 
And I mean that So honestly, I 

1436
01:10:52,320 --> 01:10:58,160
think literally like, Oh my God.
Yeah, I just, I start you. 

1437
01:10:58,200 --> 01:11:01,360
It's like a religion, right? 
It feels like a religion because

1438
01:11:01,520 --> 01:11:03,080
and people feel like that's a 
dirty word. 

1439
01:11:03,080 --> 01:11:04,960
It's like, well, no, fucking. 
What is a religion? 

1440
01:11:04,960 --> 01:11:06,520
It's a set of values that you 
adhere to. 

1441
01:11:06,520 --> 01:11:09,560
We're in a cult, no? 
Yeah, But I agree, for me, it's 

1442
01:11:09,560 --> 01:11:12,040
really I I call it more. 
It's more like spiritually or 

1443
01:11:12,040 --> 01:11:13,920
something. 
Almost like it frees. 

1444
01:11:13,920 --> 01:11:17,520
It frees your consciousness from
lots of things, actually. 

1445
01:11:17,520 --> 01:11:20,720
Yeah, and what it is. 
Everything is just a protocol. 

1446
01:11:20,720 --> 01:11:23,160
This is what we got to realize. 
It's protocol is a series of 

1447
01:11:23,160 --> 01:11:24,440
steps to do something or 
whatever. 

1448
01:11:24,440 --> 01:11:25,840
It's like or reproduce 
something. 

1449
01:11:25,840 --> 01:11:27,680
It's like. 
That is all religion is. 

1450
01:11:27,840 --> 01:11:32,360
Hey, you're religious. 
Uh, no protocols that you adhere

1451
01:11:32,360 --> 01:11:33,360
to? 
Yes. 

1452
01:11:33,520 --> 01:11:35,600
OK, well, it's the same. 
You don't need a dude in a white

1453
01:11:35,600 --> 01:11:38,040
cloak in the sky to be a 
religion, like, or you know, 

1454
01:11:38,440 --> 01:11:41,400
Muhammad or anyone. 
It's like something you believe 

1455
01:11:41,400 --> 01:11:43,440
in and one it's. 
Something that you believe in 

1456
01:11:43,440 --> 01:11:48,240
that represents A broader 
blanket than of of what? 

1457
01:11:48,400 --> 01:11:50,360
It's behavior you'd love more 
people to have. 

1458
01:11:50,360 --> 01:11:51,520
Maybe or something, I don't 
know. 

1459
01:11:51,520 --> 01:11:54,000
But it's. 
But it is interesting. 

1460
01:11:54,000 --> 01:11:56,600
But yeah, it does feel like a 
religion, but it feels like a 

1461
01:11:56,600 --> 01:12:00,320
religion Because for finally, 
for once in our lives, we've got

1462
01:12:00,320 --> 01:12:03,200
a set of values, you know, 
because it feels like the only 

1463
01:12:03,200 --> 01:12:05,800
value that the West has had is 
consumerism. 

1464
01:12:05,800 --> 01:12:08,480
It's like here, the more shit 
you buy, the more SH you know, 

1465
01:12:08,480 --> 01:12:11,520
the more value you're getting. 
It's like, I don't know, it just

1466
01:12:11,520 --> 01:12:13,880
feels like you've been sold a 
bit of a turd sandwich on 

1467
01:12:13,880 --> 01:12:17,160
consumerism and capitalism. 
Like it's garbage. 

1468
01:12:17,160 --> 01:12:19,680
Like, I think, I don't know, 
it's weird, but it just feels 

1469
01:12:19,680 --> 01:12:22,600
like you've totally missed the 
whole essence of life. 

1470
01:12:23,160 --> 01:12:25,280
Not like Oh yes, capitalism 
better than communism. 

1471
01:12:25,280 --> 01:12:28,640
What the fuck is an ISM dude? 
Who the fuck in the universe 

1472
01:12:28,640 --> 01:12:31,040
knows what an ISM is? 
No one and you guys are fucking 

1473
01:12:31,040 --> 01:12:32,960
pulling each others Dicks trying
to figure out which ones the 

1474
01:12:32,960 --> 01:12:34,960
best. 
Dude, there's aliens building 

1475
01:12:34,960 --> 01:12:37,840
intergalactic fucking black hole
eaters and you're sitting there 

1476
01:12:37,840 --> 01:12:41,000
wondering Oh no, I'm alright, no
I'm alright. 

1477
01:12:41,000 --> 01:12:44,640
In my arbitrary opinion, like. 
Let's get to fucking work, guys.

1478
01:12:44,640 --> 01:12:46,480
Yeah, yeah. 
That's why the percent of the 

1479
01:12:46,480 --> 01:12:48,680
group, Yeah, it's. 
The fox in charge here, and this

1480
01:12:48,680 --> 01:12:50,800
is the problem when you have no 
one in charge with no 

1481
01:12:50,800 --> 01:12:53,680
leadership, which is why Satoshi
is probably a good chance these 

1482
01:12:53,680 --> 01:12:55,240
religious deities and stuff 
there. 

1483
01:12:55,600 --> 01:12:59,160
Satoshi Muhammad, Jesus Christ, 
those kind of people that have a

1484
01:12:59,160 --> 01:13:01,920
huge audience of influence or 
potential scope of influence 

1485
01:13:02,680 --> 01:13:05,200
like those dudes are. 
That's sort of the the 

1486
01:13:05,200 --> 01:13:07,920
leadership qualities. 
But humanity doesn't have like a

1487
01:13:07,920 --> 01:13:11,160
CEO or a like leader of Earth, 
which is retarded. 

1488
01:13:11,160 --> 01:13:14,080
Because if we actually are on 
the same team, which I'm pretty 

1489
01:13:14,080 --> 01:13:17,560
sure we are, then we all should 
be sort of like, OK, what's the 

1490
01:13:17,560 --> 01:13:19,720
game plan here guys like there's
8 billion of us. 

1491
01:13:20,040 --> 01:13:21,760
What's the game plan? 
Are we all going to talk to each

1492
01:13:21,760 --> 01:13:24,080
other and figure out how we're 
going to fucking we should be 

1493
01:13:24,080 --> 01:13:26,400
eating Suns and solar systems 
like? 

1494
01:13:26,760 --> 01:13:28,480
Is that technology? 
Exactly, Exactly. 

1495
01:13:28,480 --> 01:13:29,440
Yeah, I love. 
I do. 

1496
01:13:29,480 --> 01:13:32,680
You're gonna talk about this? 
Well, it's like my thing. 

1497
01:13:32,680 --> 01:13:35,920
And I think if we talk about. 
Who do I have to pour cold water

1498
01:13:35,920 --> 01:13:39,360
on to get them to wake up and be
like, Oh yeah, yeah, maybe it 

1499
01:13:39,360 --> 01:13:42,360
doesn't matter. 
Umm, if I buy the purple or the 

1500
01:13:42,360 --> 01:13:44,600
red shoes, it's like, no, 
fucking doesn't matter, you 

1501
01:13:44,600 --> 01:13:45,720
idiot. 
It's not a problem. 

1502
01:13:46,000 --> 01:13:47,520
Yeah, it's not. 
It's not It's not a thing. 

1503
01:13:47,520 --> 01:13:50,920
No, I I am. 
We and we DM D before right? 

1504
01:13:50,920 --> 01:13:53,520
About like the different, like 
documentaries and stuff. 

1505
01:13:53,520 --> 01:13:58,760
Like, I'm so into this. 
Like, I I find it fascinating 

1506
01:13:58,760 --> 01:14:01,840
that more and more people like, 
kind of look at the world in 

1507
01:14:01,840 --> 01:14:03,640
this way, right? 
Like, I think that's a good 

1508
01:14:03,640 --> 01:14:06,920
thing. 
But also it feels like it also 

1509
01:14:06,920 --> 01:14:09,920
kind of sad sometimes where I 
think like, oh, we are so far 

1510
01:14:09,920 --> 01:14:14,360
away from this. 
We are so far away from actually

1511
01:14:14,360 --> 01:14:19,520
sometimes I think like, why 
aren't we all thinking about the

1512
01:14:19,520 --> 01:14:22,160
following question every day 
together? 

1513
01:14:22,760 --> 01:14:27,560
What is going on here like? 
What is more important, like we 

1514
01:14:27,600 --> 01:14:29,640
are, We are like, what is going 
on here? 

1515
01:14:29,680 --> 01:14:31,880
Like the life, the world, the 
universe. 

1516
01:14:31,960 --> 01:14:35,040
Like, why aren't we thinking 
about that together every day? 

1517
01:14:35,040 --> 01:14:37,440
All day, Like together? 
Just want to get an answer. 

1518
01:14:37,600 --> 01:14:39,120
Why are we here? 
Why are we here? 

1519
01:14:39,200 --> 01:14:41,280
Why are we here? 
That's all I want to know. 

1520
01:14:41,280 --> 01:14:44,480
It's like people like, oh, you 
know, we're too busy distracted 

1521
01:14:44,480 --> 01:14:47,080
being here. 
It's like, yeah, but we are far 

1522
01:14:47,080 --> 01:14:49,400
away from like, if you think 
about the origin, right, like, 

1523
01:14:49,400 --> 01:14:52,160
OK, you have hunter gatherers. 
They need to survive, right? 

1524
01:14:52,160 --> 01:14:55,040
That's the primal instinct is 
OK, we we, we should not die. 

1525
01:14:55,040 --> 01:14:57,600
And every child that gets born, 
they shouldn't die either. 

1526
01:14:57,600 --> 01:15:02,160
So at some point when you have 
like enough food and shelter and

1527
01:15:02,160 --> 01:15:07,240
you're protected from, you know,
nature, and yeah, it makes 

1528
01:15:07,240 --> 01:15:12,240
rational sense to me that the 
first thought of in in your free

1529
01:15:12,240 --> 01:15:16,360
time would be when you look up 
and you'll be like, what? 

1530
01:15:17,000 --> 01:15:18,040
OK. 
What is going on now? 

1531
01:15:18,040 --> 01:15:19,160
What do I do? 
You know? 

1532
01:15:19,240 --> 01:15:21,040
Yeah. 
No, like I need to, I need to 

1533
01:15:21,040 --> 01:15:23,840
look at it like does it change? 
How long do I have to look at it

1534
01:15:23,840 --> 01:15:26,320
before something changed? 
Well, turns out, you know, I 

1535
01:15:26,320 --> 01:15:28,440
don't know if you ever heard 
about what a great, what the 

1536
01:15:28,440 --> 01:15:32,480
great year is, the great. 
So we have a day, we have a 

1537
01:15:32,480 --> 01:15:35,240
year, right. 
We have the great year which is 

1538
01:15:35,240 --> 01:15:39,960
24,000 years. 
How how the earth turns in a 

1539
01:15:39,960 --> 01:15:44,280
certain way in our in our solar 
system and that actually shows 

1540
01:15:44,280 --> 01:15:47,000
the as it's called. 
Again like the precession. 

1541
01:15:47,000 --> 01:15:50,800
Like how the how the earth kind 
of changes like the wobble of 

1542
01:15:50,800 --> 01:15:55,800
the earth you can only you can 
only see that after 24,000 

1543
01:15:55,800 --> 01:15:58,160
years. 
And we know that like a lot of 

1544
01:15:58,480 --> 01:16:02,040
old civilizations had knowledge 
of the stars, which means this 

1545
01:16:02,040 --> 01:16:06,000
was like multi multi, multi, 
multi, multi generational 

1546
01:16:06,040 --> 01:16:11,360
project or something over 24,000
years so that you can see one of

1547
01:16:11,360 --> 01:16:15,920
these precession loops. 
Of course you are thinking about

1548
01:16:15,920 --> 01:16:18,360
that because you want to 
understand like where, where, 

1549
01:16:18,360 --> 01:16:20,960
where did I get dropped? 
Like you know? 

1550
01:16:21,480 --> 01:16:24,320
And such as like respawning in 
Fortnite, being like where am I?

1551
01:16:24,680 --> 01:16:28,040
Yeah, like what is this world? 
I I it's mind blowing And I 

1552
01:16:28,040 --> 01:16:33,360
think, I think yeah, it's just I
I think it's almost hyperbolical

1553
01:16:33,360 --> 01:16:36,800
when we talk about and I say 
this a lot, but maybe it's just 

1554
01:16:36,800 --> 01:16:39,360
true or like that that it's 
going to be like this. 

1555
01:16:39,360 --> 01:16:42,280
Like if we fix the money like 
how we exchange value with each 

1556
01:16:42,280 --> 01:16:45,600
other and we are more conscious.
We are less worried about the 

1557
01:16:45,600 --> 01:16:47,200
blue shoe or red shoe or orange 
shoe. 

1558
01:16:47,200 --> 01:16:50,840
But we are looking outside and 
finding other people that are 

1559
01:16:50,840 --> 01:16:55,000
looking outside who are just as 
interested in the world and what

1560
01:16:55,000 --> 01:16:58,880
is going on. 
Then we could get there. 

1561
01:16:59,160 --> 01:17:03,240
I think it will take lots of 
years, you know, for us to go 

1562
01:17:03,240 --> 01:17:05,480
back to that consciousness, but 
yeah. 

1563
01:17:05,920 --> 01:17:07,600
That would be amazing. 
It'll take a long time. 

1564
01:17:07,600 --> 01:17:09,720
It'll take a long time, but it's
almost like we have to go back 

1565
01:17:09,720 --> 01:17:12,480
in time with our consciousness. 
Because if you think about 

1566
01:17:12,480 --> 01:17:14,440
exactly. 
Our consciousness are very 

1567
01:17:14,560 --> 01:17:16,960
poisoned right now. 
Like if you could see our 

1568
01:17:16,960 --> 01:17:21,000
consciousness it's it's not 
being generated enough 

1569
01:17:21,000 --> 01:17:23,440
internally. 
It's being pushed on us in like 

1570
01:17:23,440 --> 01:17:27,840
externally as we're back in the 
day, like people could think 

1571
01:17:28,000 --> 01:17:31,400
clearer like. 
You would look up at the stars 

1572
01:17:31,400 --> 01:17:33,760
and you would think, what the 
fuck am I doing here? 

1573
01:17:33,760 --> 01:17:36,120
And what's going on? 
You hear some dude, like tinking

1574
01:17:36,120 --> 01:17:38,880
some rocks together over in 
Egypt or something, like what is

1575
01:17:38,880 --> 01:17:40,440
happening. 
But imagine the yeah, the 

1576
01:17:40,440 --> 01:17:43,760
luminosity going to bed at night
and looking up at the stars 

1577
01:17:43,760 --> 01:17:46,120
because the sky would be so 
clear. 

1578
01:17:46,400 --> 01:17:49,160
It would be like a movie to them
That was the most entertaining. 

1579
01:17:49,160 --> 01:17:51,240
You know, like, exactly. 
You know, like look at when you 

1580
01:17:51,240 --> 01:17:53,360
could look forever, you know and
and so. 

1581
01:17:53,360 --> 01:17:56,560
But now because recognize the 
the they draw patterns so 

1582
01:17:56,560 --> 01:17:58,760
different, so they draw. 
They, you know, you've got like 

1583
01:17:58,760 --> 01:18:00,520
the. 
Stars in the sky. 

1584
01:18:00,520 --> 01:18:03,800
And so to them this is something
I find quite interesting. 

1585
01:18:03,800 --> 01:18:06,840
You know how it's like, oh, you 
know, there's Gemini and they 

1586
01:18:06,840 --> 01:18:09,800
say it's like just it's like a 
very small represent. 

1587
01:18:09,800 --> 01:18:12,200
It's basically a very pixelated 
image of something. 

1588
01:18:12,240 --> 01:18:15,800
It's like, oh, there's the lion 
and it's like eight stars. 

1589
01:18:16,440 --> 01:18:19,240
Yeah, it's like 8 stars. 
You're like, OK, I'll give you 

1590
01:18:19,240 --> 01:18:21,120
that. 
But if you think about, remember

1591
01:18:21,120 --> 01:18:23,520
the first Mario Brothers when we
played it or the first, you 

1592
01:18:23,520 --> 01:18:29,080
know, Mario Kart, Mortal Kombat?
Oh my God, it's so real. 

1593
01:18:29,440 --> 01:18:32,480
And now you look at the graphics
and you're like how did I think 

1594
01:18:32,480 --> 01:18:35,200
the PlayStation had real graph? 
Like you know when PlayStation 

1595
01:18:35,200 --> 01:18:37,040
came out or whatever it used to 
look real. 

1596
01:18:37,200 --> 01:18:40,920
So imagine to them. 
That's like the imagination, 

1597
01:18:40,920 --> 01:18:42,680
yeah. 
Well, we we look at the because 

1598
01:18:42,680 --> 01:18:44,480
the imagination's filling the 
image. 

1599
01:18:44,480 --> 01:18:46,600
So when we look at the stars, we
look at it like we're looking 

1600
01:18:46,600 --> 01:18:50,080
at, you know, Super Mario 
Brothers one on Nintendo. 

1601
01:18:50,120 --> 01:18:51,800
Like it looks like there's 
nothing up there. 

1602
01:18:51,800 --> 01:18:54,480
There's pixelators or whatever, 
but when they looked at it they 

1603
01:18:54,480 --> 01:18:56,400
were like. 
Oh my God. 

1604
01:18:56,400 --> 01:18:59,400
And they would draw it because 
their imagination is feeling so 

1605
01:18:59,400 --> 01:19:00,640
much up. 
Yeah, it would. 

1606
01:19:00,640 --> 01:19:03,480
Look, so real. 
I find that quite interesting. 

1607
01:19:03,480 --> 01:19:07,960
But now if you think about like 
deities, right? 

1608
01:19:07,960 --> 01:19:12,120
So let's say Jesus Christ. 
So back in the day, if he's a. 

1609
01:19:12,480 --> 01:19:14,720
If you just think about 
consciousness as being an 

1610
01:19:14,720 --> 01:19:17,160
understanding of your 
surroundings, right, Like and 

1611
01:19:17,160 --> 01:19:19,560
the more understanding of your 
surroundings, the the higher 

1612
01:19:19,560 --> 01:19:21,720
consciousness you have. 
And the broader your 

1613
01:19:21,720 --> 01:19:23,160
surroundings, the higher the 
consciousness. 

1614
01:19:23,680 --> 01:19:27,760
Yeah, you know, like people get 
surroundings, can go to cosmos 

1615
01:19:27,760 --> 01:19:29,160
level, but yeah. 
Yeah, exactly. 

1616
01:19:29,160 --> 01:19:31,360
You can expand to understand 
everything in the no. 

1617
01:19:31,360 --> 01:19:33,360
So here's the thing. 
If you have a unified field 

1618
01:19:33,360 --> 01:19:36,480
theory, then that expands your 
understanding of everything in 

1619
01:19:36,480 --> 01:19:38,200
the cosmos and how particles 
work. 

1620
01:19:38,800 --> 01:19:42,120
To exact to the walls, 
basically, yeah, from the 

1621
01:19:42,120 --> 01:19:44,040
windows to the walls, whatever 
Little John said. 

1622
01:19:44,040 --> 01:19:46,360
But basically it's like, it 
expands your conscience as much 

1623
01:19:46,360 --> 01:19:48,080
as possible. 
So if you think about people 

1624
01:19:48,200 --> 01:19:50,760
back in the day, like these 
Jesus Christ people and all 

1625
01:19:50,760 --> 01:19:55,200
these like amazing, you know, 
historical figures. 

1626
01:19:56,240 --> 01:19:59,520
They they very well could have 
been normal individuals that 

1627
01:19:59,520 --> 01:20:01,200
would just you know we've we 
have. 

1628
01:20:01,360 --> 01:20:04,040
More tuned in. 
More tuned in like we have 

1629
01:20:04,040 --> 01:20:06,320
autistic savants now. 
Like if you look at Daniel 

1630
01:20:06,320 --> 01:20:09,160
Tammet, he could fastest person 
to learn Icelandic language. 

1631
01:20:09,160 --> 01:20:10,680
Two weeks. 
It's the hottest language on the

1632
01:20:10,680 --> 01:20:13,800
planet to learn. 
Recited π to 10,000 digits. 

1633
01:20:13,800 --> 01:20:16,200
Took him 4 1/2 hours. 
He had three bananas, 2 bottles 

1634
01:20:16,200 --> 01:20:19,280
of water during the process, 38 
people checking him, and this is

1635
01:20:19,280 --> 01:20:22,880
off the top of his head. 
Now that's superhuman to us 

1636
01:20:23,000 --> 01:20:24,840
relative to us, but that's a 
thing. 

1637
01:20:25,360 --> 01:20:27,480
Our brains are capable of all of
that. 

1638
01:20:27,480 --> 01:20:30,640
So imagine you get these people 
born with what we see as a 

1639
01:20:30,720 --> 01:20:32,960
deformity, which isn't it's a 
gift. 

1640
01:20:33,600 --> 01:20:36,760
But we see like let's say some 
person back in the day, they 

1641
01:20:36,760 --> 01:20:39,480
might have been born with a very
high level of consciousness or 

1642
01:20:39,480 --> 01:20:42,520
very in tune understanding. 
So all these people are all 

1643
01:20:42,520 --> 01:20:45,200
around like Cavemen or sort of 
not really good. 

1644
01:20:45,320 --> 01:20:47,720
And there's dudes like, hey. 
Don't. 

1645
01:20:47,720 --> 01:20:49,720
Hey, smile. 
You look better when you and he 

1646
01:20:49,720 --> 01:20:51,920
starts saying all these things 
and he constantly is being 

1647
01:20:51,920 --> 01:20:53,240
right. 
He's like, Oh no, don't stand on

1648
01:20:53,280 --> 01:20:56,200
the tree knives, right, Yeah. 
He's like, oh, don't stand under

1649
01:20:56,200 --> 01:20:57,400
the tree. 
The Apple's going to hit you on 

1650
01:20:57,400 --> 01:20:58,440
the head. 
Oh fuck. 

1651
01:20:58,440 --> 01:21:00,480
And he goes, wow, who's this 
dude? 

1652
01:21:00,480 --> 01:21:03,000
He keeps getting it right. 
And he might just be like us 

1653
01:21:03,000 --> 01:21:05,000
like a logical cat. 
He's like, Nah, man, don't what?

1654
01:21:05,000 --> 01:21:06,800
The tree was falling on. 
You got to move, duh. 

1655
01:21:07,640 --> 01:21:10,160
Yeah, well, that's thing. 
But if you want to see, it's. 

1656
01:21:10,160 --> 01:21:13,000
Everything's not obvious though.
This is the thing like watch on,

1657
01:21:13,000 --> 01:21:15,400
go on YouTube and go high 
schoolers. 

1658
01:21:15,960 --> 01:21:21,600
Reading analogue clock. 
They don't know how to read an 

1659
01:21:21,600 --> 01:21:25,240
analogue clock. 
Have you seen that? 

1660
01:21:25,240 --> 01:21:27,960
No, no, no, This is it was mind 
blowing. 

1661
01:21:27,960 --> 01:21:30,800
I looked at it and they're like 
it's just like where point TX 

1662
01:21:30,800 --> 01:21:32,480
and this isn't it Australia 
right? 

1663
01:21:33,160 --> 01:21:36,080
So this isn't a this isn't an 
insult to them. 

1664
01:21:36,080 --> 01:21:38,840
It just shows that all we are is
patent matching. 

1665
01:21:39,120 --> 01:21:41,080
Like intuition doesn't really 
exist. 

1666
01:21:41,080 --> 01:21:42,840
We're just patent matching and 
repetition. 

1667
01:21:43,160 --> 01:21:45,800
Because it's not like. 
There's no intuition to read a 

1668
01:21:45,800 --> 01:21:47,520
clock like these kids. 
If you know, if you haven't 

1669
01:21:47,520 --> 01:21:49,360
learned how to read a clock, 
you're not going to know how to 

1670
01:21:49,360 --> 01:21:50,360
read a clock. 
Yeah, exactly. 

1671
01:21:50,360 --> 01:21:52,360
And it's fascinating because 
then we don't think about that 

1672
01:21:52,360 --> 01:21:53,840
enough. 
We think, Oh yeah, well, of 

1673
01:21:53,840 --> 01:21:55,520
course you could. 
It's like, no, no, no, you have 

1674
01:21:55,520 --> 01:21:57,840
to learn it too. 
And it's funny how we take 

1675
01:21:57,840 --> 01:22:00,600
learning for granted, I think, 
because actually like fun 

1676
01:22:00,600 --> 01:22:07,440
example, I asked my my son, 
like, how would you express 

1677
01:22:07,440 --> 01:22:09,160
being on the phone with your 
hands? 

1678
01:22:10,240 --> 01:22:12,280
Yeah. 
So I'd go like that. 

1679
01:22:12,280 --> 01:22:14,800
And he'd go like this. 
Fascinating. 

1680
01:22:14,840 --> 01:22:16,760
OK, so another does flat hands. 
Yeah, yeah. 

1681
01:22:16,800 --> 01:22:19,280
And you're like, yeah, it's sort
of like, why is the floppy disk 

1682
01:22:19,280 --> 01:22:21,320
the save icon? 
Yeah, No one. 

1683
01:22:21,320 --> 01:22:21,640
Yeah. 
Yeah. 

1684
01:22:21,680 --> 01:22:22,680
Yeah, exactly. 
That one. 

1685
01:22:22,680 --> 01:22:23,360
Yeah. 
Yeah. 

1686
01:22:23,360 --> 01:22:24,880
Can you wind your window up for 
me? 

1687
01:22:24,880 --> 01:22:26,720
Right. 
You say I wind your window up. 

1688
01:22:26,720 --> 01:22:28,640
I don't know if that's an 
expression, but that's always 

1689
01:22:28,720 --> 01:22:32,120
click on the button. 
Yeah, but now it's like, yeah, 

1690
01:22:32,120 --> 01:22:33,640
it's just a button. 
You don't wind anything. 

1691
01:22:33,640 --> 01:22:37,320
And so I've seen like I saw my 
younger cousins, they were. 

1692
01:22:37,920 --> 01:22:41,520
Opened a magazine at like this 
dinner and they were using it 

1693
01:22:41,800 --> 01:22:45,120
and they were like, I watched 
him go like this, trying to 

1694
01:22:45,120 --> 01:22:47,920
pinch it on the paper, on the 
paper, oh shit. 

1695
01:22:48,720 --> 01:22:53,600
And I was like, when I saw that 
I was like, no, no way. 

1696
01:22:53,600 --> 01:22:56,640
And it was like one of those aha
moments that, Oh my God, I'm old

1697
01:22:56,640 --> 01:22:58,280
as fuck now I'm part of my 
language. 

1698
01:22:58,440 --> 01:23:01,560
Yeah, yeah. 
All right, let's talk about 

1699
01:23:01,840 --> 01:23:03,560
1:00. 
Last thing. 

1700
01:23:03,560 --> 01:23:04,880
And I have a final question for 
you. 

1701
01:23:04,880 --> 01:23:07,200
But I wanted to talk about 
you're totally into 

1702
01:23:07,200 --> 01:23:11,360
thermodynamics, but and also I 
wanted to ask about the law of 

1703
01:23:11,360 --> 01:23:14,040
conservation of energy. 
Like why is that important to 

1704
01:23:14,040 --> 01:23:17,800
Bitcoin? 
And how is a law of nature 

1705
01:23:17,800 --> 01:23:19,960
applied within a digital 
technology? 

1706
01:23:19,960 --> 01:23:22,120
How? 
How can we make sense of that? 

1707
01:23:22,800 --> 01:23:28,680
So the digital technology? 
Is powered by all the mining 

1708
01:23:28,680 --> 01:23:33,200
operations and all the that's it
only succeeds because of all the

1709
01:23:33,200 --> 01:23:37,760
energy being poured into it. 
So if we think of every block 

1710
01:23:37,760 --> 01:23:41,160
being mined as an amount of 
energy that it took to find that

1711
01:23:41,160 --> 01:23:44,640
number. 
Think of energy like layers. 

1712
01:23:44,640 --> 01:23:46,720
Like we're looking at a cross 
section of the earth. 

1713
01:23:46,720 --> 01:23:48,800
You know, the sediment layers, 
the different like, oh, there's 

1714
01:23:48,800 --> 01:23:50,760
grass on the top and then 
there's rock and then there's 

1715
01:23:50,760 --> 01:23:52,920
this and then that add down to 
all the way to lava. 

1716
01:23:53,600 --> 01:23:57,200
That's what this work is. 
This work is like piling on more

1717
01:23:57,200 --> 01:23:59,400
work. 
Just like diamonds are made 

1718
01:23:59,400 --> 01:24:01,720
under pressure. 
You know, like lots and lots of 

1719
01:24:01,720 --> 01:24:03,680
pressure. 
Exactly the same thing. 

1720
01:24:03,960 --> 01:24:07,680
Yeah, the transactions we mine a
block and then that block goes 

1721
01:24:07,680 --> 01:24:11,440
down and now all the miners are 
working and then that goes down.

1722
01:24:11,440 --> 01:24:13,880
And So what we're doing is sort 
of compressing things down 

1723
01:24:13,960 --> 01:24:16,120
further into the Earth and so 
we've. 

1724
01:24:16,720 --> 01:24:18,480
With energy, it's got to go 
somewhere. 

1725
01:24:18,480 --> 01:24:20,440
Just like, you know, just like 
when you're building the 

1726
01:24:20,440 --> 01:24:22,360
pyramids. 
These dudes were sweating all 

1727
01:24:22,360 --> 01:24:23,880
day and moving these big ass 
rocks. 

1728
01:24:24,080 --> 01:24:26,000
Well, now to move those rocks 
later. 

1729
01:24:26,240 --> 01:24:29,120
They're there, you. 
Their energy is encoded. 

1730
01:24:29,120 --> 01:24:31,960
Spend the same amount of energy 
to move them back, right? 

1731
01:24:32,200 --> 01:24:34,640
Yeah, exactly. 
It's like that's encoded into 

1732
01:24:34,640 --> 01:24:36,880
there. 
And so just like all the energy 

1733
01:24:36,880 --> 01:24:40,080
commitments that have been made 
by all the miners approvable 

1734
01:24:40,080 --> 01:24:43,080
commitments, not through only 
the numbers, Not only for the 

1735
01:24:43,080 --> 01:24:45,960
mathematics we can prove it 
based on, you know, the leading 

1736
01:24:45,960 --> 01:24:49,880
zeros, but we can cross 
reference that with the energy 

1737
01:24:49,880 --> 01:24:53,840
grid, the history of the energy 
like the energy grid. 

1738
01:24:54,360 --> 01:24:58,240
Like let's say logs to prove the
usage, yes. 

1739
01:24:58,640 --> 01:25:02,000
If we had a thermal footprint of
the Earth, we could identify all

1740
01:25:02,000 --> 01:25:06,520
the thermal footprint that is 
matching this hash footprint, 

1741
01:25:06,720 --> 01:25:10,760
let's say very easily. 
And I find that we're going to 

1742
01:25:10,760 --> 01:25:13,240
start respecting that link a bit
more I think. 

1743
01:25:13,400 --> 01:25:15,400
And then, because you know, it's
like, not your keys, not your 

1744
01:25:15,400 --> 01:25:17,240
coins. 
And it's still like, well, not 

1745
01:25:17,240 --> 01:25:20,120
your keys, not you. 
Now in the AI world, if you're 

1746
01:25:20,120 --> 01:25:23,320
not cryptographically, you right
now, I'm talking to you now, 

1747
01:25:23,320 --> 01:25:25,360
but. 
In the future, I'm not going to 

1748
01:25:25,360 --> 01:25:27,160
be talking to you. 
You're going to have a fake 

1749
01:25:27,160 --> 01:25:30,520
version of you that's ChatGPT 
because it's answering every 

1750
01:25:30,520 --> 01:25:32,840
question, because it's scanned 
everything you've ever written, 

1751
01:25:32,840 --> 01:25:34,400
ever. 
And it's impersonating you to 

1752
01:25:34,400 --> 01:25:37,800
pretend to be me so that you can
now sit out in the pool drinking

1753
01:25:37,800 --> 01:25:39,480
your pina colada or whatever you
want to drink. 

1754
01:25:39,920 --> 01:25:44,520
So what's real and what's not is
going to become very hard to 

1755
01:25:44,560 --> 01:25:48,400
distinguish, and that's why 
cryptographic keys are going to 

1756
01:25:48,400 --> 01:25:52,880
be the only mechanism of proof. 
Four things because they require

1757
01:25:52,880 --> 01:25:57,960
work to to generate them. 
So I can say it's not plain 

1758
01:25:57,960 --> 01:26:00,840
text, it's like my computer and 
when I say work that 

1759
01:26:02,360 --> 01:26:05,360
calculation. 
The calculation was because the 

1760
01:26:05,360 --> 01:26:08,760
calculation that you made is 
directly linked to a spark that 

1761
01:26:08,760 --> 01:26:11,680
ran through your computer 
circuit, which is directly 

1762
01:26:11,680 --> 01:26:15,680
linked to the energy socket that
is the cables coming out of, 

1763
01:26:15,920 --> 01:26:18,240
which is directly linked to the 
power station. 

1764
01:26:18,400 --> 01:26:21,400
So you see. 
The Bitcoin, it kind of crawls 

1765
01:26:21,400 --> 01:26:24,840
out of a digital world like a 
snake and it creeps into your 

1766
01:26:24,840 --> 01:26:27,000
computer and out into the energy
field. 

1767
01:26:27,320 --> 01:26:29,080
And that's how I think about 
Bitcoin is like. 

1768
01:26:29,920 --> 01:26:32,960
It's like the longer we've got 
this tap connecting Bitcoin to 

1769
01:26:32,960 --> 01:26:37,560
our energy field, the the more 
it is going to get entangled and

1770
01:26:37,560 --> 01:26:40,040
start like consuming more 
energy. 

1771
01:26:40,320 --> 01:26:43,120
And now, if we think about it, I
think Bitcoin's only goal is 

1772
01:26:43,120 --> 01:26:45,920
100% total addressable market of
energy. 

1773
01:26:46,240 --> 01:26:48,080
Like if bitcoins got One North 
Star, that's it. 

1774
01:26:48,480 --> 01:26:51,680
Not Displace money, not energy. 
Is everything right like? 

1775
01:26:51,760 --> 01:26:53,800
Energy bullshit. 
Anything to do with money is 

1776
01:26:54,080 --> 01:26:58,400
totally unrelated because energy
is the root of money. 

1777
01:26:58,400 --> 01:27:03,200
So if it is the heaviest energy 
Ledger in the world, it will be 

1778
01:27:03,200 --> 01:27:05,360
the heaviest money in the world.
Like. 

1779
01:27:05,920 --> 01:27:08,560
That's just no two ways. 
Money is energy, right? 

1780
01:27:08,560 --> 01:27:11,840
It's it's it's the only reason 
change energy between us. 

1781
01:27:12,320 --> 01:27:15,600
The only reason we have money is
an arbitrary way of slicing up 

1782
01:27:15,600 --> 01:27:18,320
the finite amount of energy that
we have on our planet, or we 

1783
01:27:18,320 --> 01:27:20,920
believe we have. 
So if we had infinite money, 

1784
01:27:21,080 --> 01:27:23,240
we're gonna have infinite 
energy, basically. 

1785
01:27:23,240 --> 01:27:24,400
But there is. 
Yeah, I mean, sorry. 

1786
01:27:24,400 --> 01:27:26,840
So if we have infinite energy, 
we don't have money. 

1787
01:27:27,360 --> 01:27:31,800
And so that's basically we if we
if we all knew how to produce 

1788
01:27:31,800 --> 01:27:34,440
our own energy. 
Forget the politics of it all, 

1789
01:27:34,440 --> 01:27:36,960
but just think conceptually. 
If we all know how to produce 

1790
01:27:36,960 --> 01:27:40,960
our own energy and I produce 
everything myself, I ain't going

1791
01:27:40,960 --> 01:27:43,720
to ask you for anything because 
I can do it all myself and I've 

1792
01:27:43,720 --> 01:27:46,320
got machines. 
OK, so trick or challenging 

1793
01:27:46,320 --> 01:27:50,440
question, you've you are Tesla 
adapt as well. 

1794
01:27:50,920 --> 01:27:53,760
If free energy exists, we don't 
need Bitcoin. 

1795
01:27:55,160 --> 01:27:58,840
If free energy exists, we don't.
You can have Bitcoin if you 

1796
01:27:58,840 --> 01:28:01,280
want, but. 
That's a redundant system now. 

1797
01:28:01,480 --> 01:28:02,760
Right? 
Then there's no. 

1798
01:28:03,080 --> 01:28:06,000
You don't need it because my 
Bitcoin is the evolution of 

1799
01:28:06,000 --> 01:28:07,240
money. 
But money. 

1800
01:28:07,760 --> 01:28:11,920
Money dies eventually. 
Like right now, money in the US 

1801
01:28:11,920 --> 01:28:14,840
dollar is like terminally ill. 
But money is an arbitrary 

1802
01:28:14,840 --> 01:28:18,200
premise and it everything is 
arbitrary unless it's energy. 

1803
01:28:18,480 --> 01:28:22,120
That's why everything is a proxy
or representation of energy and 

1804
01:28:22,120 --> 01:28:24,200
time. 
So everything has got a currency

1805
01:28:24,200 --> 01:28:25,960
of time because it's really 
scarce. 

1806
01:28:26,720 --> 01:28:30,160
So how would we make decisions 
if we live forever? 

1807
01:28:30,720 --> 01:28:33,440
Our decision making can be far 
different to us now. 

1808
01:28:33,840 --> 01:28:36,440
In the same way. 
How would we, how would we 

1809
01:28:37,560 --> 01:28:41,120
function as a species if we 
didn't have money? 

1810
01:28:41,240 --> 01:28:43,760
It would probably change all of 
our thoughts and change you 

1811
01:28:43,760 --> 01:28:46,560
would be much more aligned. 
Firstly, because we have no 

1812
01:28:46,560 --> 01:28:49,960
self-interest cock blocking me 
from trying to Basically, I'm 

1813
01:28:49,960 --> 01:28:52,080
trying to shoot on you and 
you're trying to shoot on me 

1814
01:28:52,080 --> 01:28:54,720
because I've got self-interest 
that you might be taking from 

1815
01:28:54,720 --> 01:28:56,320
me. 
And that's what happens in a 

1816
01:28:56,320 --> 01:29:00,000
finite resource world. 
But again, the universe and the 

1817
01:29:00,000 --> 01:29:02,360
galaxies and all that, it's 
huge. 

1818
01:29:02,360 --> 01:29:06,880
They're big, storming balls of 
magnetism spewing out 

1819
01:29:06,880 --> 01:29:10,360
everywhere. 
It's like we're bathing in a 

1820
01:29:11,640 --> 01:29:13,960
it's like the ocean is made of 
petrol. 

1821
01:29:14,240 --> 01:29:15,960
That's what it is. 
Like, think about that. 

1822
01:29:15,960 --> 01:29:18,520
The ocean made of petrol, and 
you're on a boat and you've run 

1823
01:29:18,520 --> 01:29:20,400
out of fuel and you're looking 
for fuel. 

1824
01:29:20,760 --> 01:29:23,080
That's the equivalent. 
Earth is a boat in the middle of

1825
01:29:23,080 --> 01:29:27,360
the ocean, and the ocean is. 
Basically gigantic pools of 

1826
01:29:27,360 --> 01:29:30,320
magnetic storms and all we need 
to do. 

1827
01:29:30,520 --> 01:29:32,680
Imagine if you had a lighter and
you're on your boat and you go, 

1828
01:29:32,680 --> 01:29:35,560
holy shit, or you just, you 
stuck a straw out the side of 

1829
01:29:35,560 --> 01:29:37,480
your boat to siphon it into your
tank. 

1830
01:29:38,040 --> 01:29:40,720
That's literally what the earth 
is going to be end up. 

1831
01:29:40,720 --> 01:29:44,000
That's how it ends up happening.
Like for us as a species, we'll 

1832
01:29:44,000 --> 01:29:48,080
start tapping into that sort of 
energy field, the higher energy 

1833
01:29:48,080 --> 01:29:49,480
field. 
Like, Tesla talked about this 

1834
01:29:49,480 --> 01:29:53,160
quite a lot. 
Which is sort of like we've gone

1835
01:29:53,160 --> 01:29:56,880
down this path of Fiat money and
I'd like to say Fiat physics 

1836
01:29:56,880 --> 01:29:59,960
almost, which is like a lot of 
the quantum mechanics and all 

1837
01:29:59,960 --> 01:30:03,000
this sort of stuff where we 
think it's the highest field or 

1838
01:30:03,000 --> 01:30:06,640
the highest order of, you know, 
understanding in our scientific 

1839
01:30:06,640 --> 01:30:10,600
brains. 
Look, I might be wrong here, but

1840
01:30:10,600 --> 01:30:13,520
I'm going to go on and say 
quantum mechanics is a shit 

1841
01:30:13,520 --> 01:30:16,200
coin. 
And I'll say that because true 

1842
01:30:16,200 --> 01:30:18,640
story. 
And here's here's an example if 

1843
01:30:18,640 --> 01:30:21,480
you guys want one. 
Someone makes a huge 

1844
01:30:21,480 --> 01:30:23,480
breakthrough in anything. 
Satoshi, right? 

1845
01:30:23,680 --> 01:30:24,960
Satoshi makes a huge 
breakthrough. 

1846
01:30:24,960 --> 01:30:27,400
What happens straight after the 
breakthrough happens. 

1847
01:30:27,880 --> 01:30:30,880
All the hanger honour is, oh, 
it's this, but it's better. 

1848
01:30:30,920 --> 01:30:33,760
Oh, we've done, we've copied 
Bitcoin, but we've tweaked this,

1849
01:30:33,760 --> 01:30:35,880
we've changed the speed, we've 
changed the supply, we've 

1850
01:30:35,880 --> 01:30:39,360
changed, we've fixed it. 
Dude, quantum mechanics is 

1851
01:30:39,360 --> 01:30:41,600
fixing it. 
It's exactly that. 

1852
01:30:41,600 --> 01:30:44,960
Like Tesla had no bar over any 
of the quantum mechanics, 

1853
01:30:44,960 --> 01:30:47,120
really. 
Like he was always a step ahead 

1854
01:30:47,120 --> 01:30:49,720
of it, like he would. 
Tester just knew what the field 

1855
01:30:49,720 --> 01:30:51,360
was. 
So the field is like if the 

1856
01:30:51,360 --> 01:30:54,920
universe is our 3D universe, 
there's an energy field in which

1857
01:30:54,920 --> 01:30:56,680
that sits, which is sort of like
a fifth dimension. 

1858
01:30:56,880 --> 01:30:59,720
So tester's like just like 
anyone studying cryptography. 

1859
01:30:59,720 --> 01:31:02,360
It's like your public key is not
the important thing. 

1860
01:31:02,360 --> 01:31:04,840
Your private key is just like in
Earth. 

1861
01:31:05,560 --> 01:31:09,120
If the whole universe has a 
private key that's coming from a

1862
01:31:09,120 --> 01:31:12,440
higher field, then we may as 
well study that first, because 

1863
01:31:12,440 --> 01:31:14,840
that's going to show us how the 
rest of everything is 

1864
01:31:14,840 --> 01:31:16,800
influenced. 
And so that's what Tesla 

1865
01:31:16,800 --> 01:31:19,840
studied, was the field and 
Einstein studied the universe. 

1866
01:31:20,160 --> 01:31:22,120
And that's where we've got this 
mixture. 

1867
01:31:22,120 --> 01:31:25,400
So all these people studying the
universe are like, oh, Einstein 

1868
01:31:25,400 --> 01:31:28,040
was sort of right, but like 
quantum mechanics has this and 

1869
01:31:28,040 --> 01:31:29,680
that. 
And Einstein was always like, 

1870
01:31:29,680 --> 01:31:32,680
Nah, dude, like this shit looks 
like deterministic. 

1871
01:31:32,680 --> 01:31:35,960
More like, you know, it's not so
statistical and probability 

1872
01:31:35,960 --> 01:31:38,760
orientated and shit, but all 
these dudes are trying to make 

1873
01:31:38,760 --> 01:31:41,080
names for themselves and trying 
to answer questions that no one 

1874
01:31:41,080 --> 01:31:43,000
asks. 
Like half of the shit in quantum

1875
01:31:43,000 --> 01:31:45,880
physics is. 
Like, honestly, it looks like 

1876
01:31:45,880 --> 01:31:47,920
Cadano. 
Like, I like all that kind of 

1877
01:31:47,920 --> 01:31:50,360
shit like Cadano and Affinity, 
literally. 

1878
01:31:50,400 --> 01:31:52,600
It's like and people are like, 
Oh yeah, but what about that 

1879
01:31:52,600 --> 01:31:54,080
theorem? 
But isn't that a distraction 

1880
01:31:54,320 --> 01:31:55,800
from the real thing? 
What, dude? 

1881
01:31:56,080 --> 01:31:58,360
All these theorems that people 
make up and talk about, they're 

1882
01:31:58,360 --> 01:31:59,520
like, yeah, I found something in
math. 

1883
01:31:59,520 --> 01:32:03,160
So it's a whole theorem now. 
It's like, it's the equivalent 

1884
01:32:03,160 --> 01:32:05,520
of like Vitalic starting 
Ethereum and saying oh. 

1885
01:32:06,880 --> 01:32:09,520
This is the Fatalic chain. 
And then Justin Sun starting 

1886
01:32:09,520 --> 01:32:11,880
Justin Chain. 
Everyone names their theorems 

1887
01:32:11,880 --> 01:32:13,520
after themselves. 
If you think of the theorem like

1888
01:32:13,520 --> 01:32:17,040
the chain that's improving 
mathematics, these theories. 

1889
01:32:17,040 --> 01:32:18,480
Oh, I've got a quantum theory. 
I've got this. 

1890
01:32:18,920 --> 01:32:21,760
No one has done shit in 100 
years, basically. 

1891
01:32:22,000 --> 01:32:23,920
So what are they? 
A distraction often. 

1892
01:32:23,920 --> 01:32:24,960
What are they? 
What? 

1893
01:32:25,280 --> 01:32:26,720
What is the thing that they 
should? 

1894
01:32:26,760 --> 01:32:29,520
Be studying their own farts. 
They're they're basically they, 

1895
01:32:29,840 --> 01:32:31,240
but what should they be 
studying? 

1896
01:32:31,280 --> 01:32:32,600
What? 
What should it be? 

1897
01:32:33,840 --> 01:32:37,440
Nikola Tesla's work. 
Everyone on earth that has any 

1898
01:32:37,440 --> 01:32:40,200
interest in energy at all. 
There this is. 

1899
01:32:40,440 --> 01:32:42,800
This is not even a debate if 
you're a physicist. 

1900
01:32:42,800 --> 01:32:45,600
If you want a Nobel Prize, meet 
me at my house and I'll tell you

1901
01:32:45,600 --> 01:32:47,600
why you're wrong. 
Like this is not even 

1902
01:32:47,600 --> 01:32:51,360
questionable. 
He is the go him him. 

1903
01:32:51,360 --> 01:32:54,760
And most of the old school 
thinkers are way better. 

1904
01:32:54,760 --> 01:32:57,520
And Einstein was sort of. 
Einstein knew this. 

1905
01:32:57,560 --> 01:33:00,320
Einstein looked at Tesla. 
Tesla looked at Newton. 

1906
01:33:00,320 --> 01:33:02,520
I think right. 
When Tesla looked at Newton and 

1907
01:33:02,520 --> 01:33:05,640
stuff, dude, Tesla was drawing 
everything in his mind. 

1908
01:33:05,640 --> 01:33:08,760
Because if you know cause and 
effect so well, because you 

1909
01:33:08,760 --> 01:33:11,120
understand the universe, how 
well it works, right? 

1910
01:33:11,120 --> 01:33:14,040
If you had a master equation for
the university, understood, then

1911
01:33:14,040 --> 01:33:16,480
you would understand cause and 
effect very well, right? 

1912
01:33:16,600 --> 01:33:19,320
And you if you could do that on 
the micro scale where you could 

1913
01:33:19,320 --> 01:33:21,920
almost say. 
You can predict the future in a 

1914
01:33:21,920 --> 01:33:24,480
way because you understand all 
the different permutations that 

1915
01:33:24,480 --> 01:33:27,440
can happen. 
And I think, look if we wanted 

1916
01:33:27,440 --> 01:33:30,200
to take, if we were taking 
energy seriously, which I know 

1917
01:33:30,200 --> 01:33:33,600
no one is, it's if we were 
taking it seriously, we would 

1918
01:33:33,680 --> 01:33:37,160
all have like humanity would 
stand still for a moment and 

1919
01:33:37,160 --> 01:33:41,000
read Nikola Tesla's work until 
every single person that is paid

1920
01:33:41,000 --> 01:33:44,560
by anyone for anything energy 
related would do that. 

1921
01:33:44,560 --> 01:33:47,560
And then in five years time we 
would probably be. 

1922
01:33:48,360 --> 01:33:51,160
I don't know. 
Masters of the masters of the 

1923
01:33:51,160 --> 01:33:54,520
Universe, basically. 
And so that makes me think, 

1924
01:33:56,080 --> 01:33:58,200
yeah, just find it. 
It's so interesting that he 

1925
01:33:58,200 --> 01:34:01,040
never got the dignificate. 
Like he didn't get dignified. 

1926
01:34:01,040 --> 01:34:03,800
His work was so intimidating 
almost. 

1927
01:34:04,960 --> 01:34:07,920
And but the fact is, he was 
like, Nah dude. 

1928
01:34:08,440 --> 01:34:11,440
It's gotta be simple. 
Like the universe is so complex 

1929
01:34:11,440 --> 01:34:14,480
that it has to have a simplicity
to it can't. 

1930
01:34:14,480 --> 01:34:17,720
Not because it's just too many 
arbitrary chance things 

1931
01:34:17,720 --> 01:34:21,120
happening and so basically it 
should be hard also to discover 

1932
01:34:21,120 --> 01:34:24,920
it if it's. 
Well, I don't know, I'm just 

1933
01:34:24,920 --> 01:34:29,080
thinking like it should also not
be hard to discover it like how 

1934
01:34:29,080 --> 01:34:31,560
it works because. 
Think about the origin of all 

1935
01:34:31,560 --> 01:34:32,680
the other stuff. 
Exactly. 

1936
01:34:32,720 --> 01:34:35,480
Everyone should be. 
It should be fair for everyone, 

1937
01:34:35,480 --> 01:34:37,120
right? 
And so there's no premium if the

1938
01:34:37,120 --> 01:34:39,160
universe is fair. 
And what does universe have in 

1939
01:34:39,160 --> 01:34:41,760
common with Bitcoin? 
100% up time kind of thing. 

1940
01:34:41,760 --> 01:34:44,000
Like this idea that it doesn't 
go down. 

1941
01:34:44,120 --> 01:34:45,920
So if you think about the 
universe, let's say you're 

1942
01:34:45,920 --> 01:34:47,800
sitting there, it's a job 
interview and you've got to work

1943
01:34:47,800 --> 01:34:49,640
for the universe. 
It's like, and you're an 

1944
01:34:49,640 --> 01:34:52,600
engineer or something. 
You'd be like Oi, who the fuck 

1945
01:34:52,600 --> 01:34:54,920
made is like? 
Do I get to meet the dude that 

1946
01:34:54,920 --> 01:34:57,160
made this or anything? 
Because I've never seen a 

1947
01:34:57,160 --> 01:35:00,360
distributed system that has 100%
up time and I just wanted to 

1948
01:35:00,360 --> 01:35:03,200
give them a really big Congrats 
on on making that. 

1949
01:35:03,200 --> 01:35:05,640
And that's basically God or 
whoever that made a universe. 

1950
01:35:05,680 --> 01:35:08,360
It's had a 100% up time. 
I'm still here. 

1951
01:35:08,360 --> 01:35:09,800
You're still here. 
It's still here. 

1952
01:35:10,240 --> 01:35:12,080
Like, is that also what you 
would say? 

1953
01:35:12,080 --> 01:35:16,560
I I tweeted this last week like,
I never grew up like religious. 

1954
01:35:16,560 --> 01:35:19,840
I always thought I was like 
atheist or maybe agnostic or 

1955
01:35:19,840 --> 01:35:23,320
something. 
But the more I also dove into 

1956
01:35:23,320 --> 01:35:27,240
Bitcoin, but also more into the 
into the universe and all these 

1957
01:35:27,280 --> 01:35:31,320
things like literally what you 
just said, it's a system up 

1958
01:35:31,320 --> 01:35:35,200
until like the highest like 
cosmos, universe level, all the 

1959
01:35:35,200 --> 01:35:39,440
way down to DNA and stuff like 
it's a system and a system has 

1960
01:35:39,440 --> 01:35:43,400
to be engineered, right? 
A system cannot be random, 

1961
01:35:43,400 --> 01:35:49,920
especially not when on multiple 
planes of the system there are 

1962
01:35:51,080 --> 01:35:53,240
parts working together, right? 
They're. 

1963
01:35:53,400 --> 01:35:57,480
All like it's like so yeah, so 
it's designed, it's designed so 

1964
01:35:57,480 --> 01:36:01,760
somewhat something or some who 
or something or somewhat. 

1965
01:36:02,280 --> 01:36:04,520
Whoever when we think it has to 
be designed right. 

1966
01:36:04,880 --> 01:36:07,040
Yeah, when we think about God 
making the universe or something

1967
01:36:07,040 --> 01:36:11,040
like we used to think like okay 
and then birds could eat fish 

1968
01:36:11,040 --> 01:36:12,560
and it's like, Oh yeah, that'd 
be heaps good. 

1969
01:36:12,560 --> 01:36:14,400
And then? 
The fish could eat other fish. 

1970
01:36:14,600 --> 01:36:16,680
Oh yeah, And then what if it 
rains as well? 

1971
01:36:16,680 --> 01:36:19,000
And then that transfers some of 
the particles from the water 

1972
01:36:19,000 --> 01:36:22,240
down to the OK, some trees turn 
around right, the, the, the and 

1973
01:36:22,240 --> 01:36:23,880
then. 
We have this other thing like 

1974
01:36:23,920 --> 01:36:25,880
wind. 
It's sort of like, you know, 

1975
01:36:27,400 --> 01:36:30,360
it's like the elements of the 
distribution channel for the 

1976
01:36:30,520 --> 01:36:31,960
equation. 
So you've got. 

1977
01:36:32,080 --> 01:36:35,200
If it's all random, it also has 
to go wrong at the edges. 

1978
01:36:35,840 --> 01:36:40,280
Of course 100 or in multiple 
places on multiple levels as 

1979
01:36:40,280 --> 01:36:43,280
well and that's not really how 
it how it works. 

1980
01:36:43,320 --> 01:36:47,440
So, yeah, it's designed. 
Yeah, that's kind of like I had 

1981
01:36:47,440 --> 01:36:50,120
that realization I think, but. 
But you know, just like a few 

1982
01:36:50,120 --> 01:36:52,480
weeks ago. 
If this recording lives on 

1983
01:36:52,480 --> 01:36:55,320
forever like you know, because 
right now, I think right now we 

1984
01:36:55,320 --> 01:36:58,160
can't understand Tesla's work 
because Tesla didn't have a 

1985
01:36:58,160 --> 01:37:00,320
social media account posting all
this shit, right? 

1986
01:37:01,120 --> 01:37:04,720
It's annoying like that, but 
think about how much clearer. 

1987
01:37:05,240 --> 01:37:08,360
The past will be to the future. 
In the future. 

1988
01:37:08,720 --> 01:37:11,560
And what I mean is like, we have
these handwritten, half baked 

1989
01:37:11,560 --> 01:37:14,240
coffee stained notes on what 
Einstein thought. 

1990
01:37:14,560 --> 01:37:19,000
But imagine if we had, you know,
600 hours of interviews with him

1991
01:37:19,000 --> 01:37:20,360
or so. 
You know, like, it's like, fuck 

1992
01:37:20,400 --> 01:37:23,120
what We could learn the let's 
just the download to the real 

1993
01:37:23,120 --> 01:37:25,840
download, yeah. 
Unbelievable. 

1994
01:37:25,840 --> 01:37:28,600
So I think the future is going 
to have a better time with 

1995
01:37:28,600 --> 01:37:32,360
history than we did because they
will have a more pure historical

1996
01:37:32,360 --> 01:37:35,280
Ledger. 
As where as full of ambiguity, 

1997
01:37:35,280 --> 01:37:38,480
full of, he said she said Full 
of you know different things, 

1998
01:37:38,480 --> 01:37:42,040
but you know moving forward, the
coordination behind you know the

1999
01:37:42,040 --> 01:37:45,400
Bitcoin block height is the time
stamp of humanity. 

2000
01:37:45,560 --> 01:37:48,960
Like that is, that is humans. 
If if you have a latitude and 

2001
01:37:48,960 --> 01:37:52,880
longitude for Earth, then where 
on Earth is it? 

2002
01:37:52,880 --> 01:37:56,360
But when in the universe is it? 
So the Z axis would be the block

2003
01:37:56,360 --> 01:37:59,200
height. 
And so that's how I think, I 

2004
01:37:59,200 --> 01:38:01,440
feel like we're going to 
converge on a unified clock. 

2005
01:38:01,800 --> 01:38:04,040
Which is the block height. 
And that's gonna be because 

2006
01:38:04,040 --> 01:38:07,760
machines and humans will be too 
entangled and too hard to sort 

2007
01:38:07,760 --> 01:38:12,600
of just determine who's what. 
So I think is that different? 

2008
01:38:12,600 --> 01:38:17,120
Is that different than what we 
currently use this time then? 

2009
01:38:17,920 --> 01:38:21,320
It is because what we're gonna 
do is say my local time doesn't 

2010
01:38:21,320 --> 01:38:24,200
matter. 
The global clock matters more 

2011
01:38:24,200 --> 01:38:26,560
than me. 
And once we start saying that as

2012
01:38:26,560 --> 01:38:30,600
a species where we operate on 
the global clock more than we 

2013
01:38:30,600 --> 01:38:35,320
operate on the local stuff, I 
think that's going to be really 

2014
01:38:35,320 --> 01:38:39,240
influential because machines are
going to sort of increase the 

2015
01:38:39,240 --> 01:38:43,200
population of the planet 
basically from like 8 billion to

2016
01:38:43,200 --> 01:38:46,120
like probably 14 billion. 
And when I say machines, I mean 

2017
01:38:46,120 --> 01:38:48,600
any sentient anything online as 
well. 

2018
01:38:48,680 --> 01:38:53,240
All devices shit like that. 
So if we think about that world,

2019
01:38:53,240 --> 01:38:56,280
what does it look like with 
machines and man, and how do we 

2020
01:38:56,280 --> 01:39:00,960
discern well who's who? 
Yeah, I just think, I think 

2021
01:39:00,960 --> 01:39:04,120
that's becomes a sort of forgot 
where I was going with that. 

2022
01:39:04,120 --> 01:39:06,240
But basically the population's 
going to increase 

2023
01:39:06,240 --> 01:39:10,280
astronomically. 
The machines are probably going 

2024
01:39:10,280 --> 01:39:13,120
to be the last ones using money.
Actually, we'll we'll stop using

2025
01:39:13,120 --> 01:39:16,640
money before machines, I reckon.
I'm. 

2026
01:39:16,720 --> 01:39:19,040
I'm interested to see where 
that, where that goes. 

2027
01:39:19,480 --> 01:39:21,080
I love. 
I love this man. 

2028
01:39:21,080 --> 01:39:24,120
We went all over the place, just
as I expected. 

2029
01:39:24,120 --> 01:39:26,520
No, I love it. 
No, no, no, I love it. 

2030
01:39:26,560 --> 01:39:29,640
I think we can talk for way, 
way, way longer. 

2031
01:39:31,040 --> 01:39:32,840
I want to finish with my last 
question. 

2032
01:39:33,040 --> 01:39:36,600
I asked everyone the same thing.
What's a core belief that you 

2033
01:39:36,600 --> 01:39:45,790
will never let go? 
Prime numbers are the most 

2034
01:39:45,790 --> 01:39:49,350
important thing that humanity 
will ever understand. 

2035
01:39:50,440 --> 01:39:53,360
That's not an important thing. 
I'll put my money where my mouth

2036
01:39:53,360 --> 01:39:57,800
is and I'll say I guarantee that
in 20 years, that's what we all 

2037
01:39:57,800 --> 01:39:59,120
think. 
That's my guess. 

2038
01:39:59,120 --> 01:40:00,840
That's my guess. 
Awesome. 

2039
01:40:00,880 --> 01:40:03,520
Well, we have a time stamp, so. 
Yeah. 

2040
01:40:03,760 --> 01:40:06,200
In 20 years. 
We'll we'll check in. 

2041
01:40:06,200 --> 01:40:07,520
We'll check in. 
All right. 

2042
01:40:07,560 --> 01:40:09,160
Thanks, man. 
Yeah. 

2043
01:40:09,160 --> 01:40:12,480
To to to wrap it up. 
Like where can people follow 

2044
01:40:12,480 --> 01:40:14,920
your crazy farts? 
Yeah dude. 

2045
01:40:14,920 --> 01:40:17,400
So I put it all on GitHub for 
anyone to look at. 

2046
01:40:17,840 --> 01:40:22,520
It's called Mike D123 slash 
energy. 

2047
01:40:22,680 --> 01:40:24,320
So it's Mike. 
D is my username. 

2048
01:40:24,480 --> 01:40:26,080
Yeah, I'll link to it. 
I'll link to. 

2049
01:40:26,120 --> 01:40:29,880
It and I also created a ChatGPT,
a custom GBT with all the work 

2050
01:40:29,880 --> 01:40:32,160
in it, so you can basically and 
it's got all like time locks and

2051
01:40:32,160 --> 01:40:36,080
stuff about time Bitcoin, 
Bitcoin, Timelock Explorer. 

2052
01:40:36,080 --> 01:40:38,800
So it's a custom GBT. 
I'll send you a link to that if 

2053
01:40:38,800 --> 01:40:40,640
you want. 
It's really cool to use because,

2054
01:40:40,720 --> 01:40:43,120
yeah, cool. 
Yeah, it's cool Fun anyway. 

2055
01:40:43,480 --> 01:40:45,800
Other than that, just come say 
hi to me if you see me in 

2056
01:40:45,800 --> 01:40:47,960
person. 
Awesome. 

2057
01:40:47,960 --> 01:40:51,480
Well, thanks so much and I think
we will continue this in the 

2058
01:40:51,480 --> 01:40:53,600
future again. 
So keep in touch. 

2059
01:40:53,600 --> 01:40:55,800
Thank you so much for having me.
I appreciate it. 

2060
01:40:55,800 --> 01:40:57,000
Cheers man. 
Bye. 

2061
01:40:57,400 --> 01:41:00,200
I hope you enjoyed this episode.
If you did, it would be amazing 

2062
01:41:00,200 --> 01:41:03,040
if you could rate, review and 
subscribe on the podcast 

2063
01:41:03,040 --> 01:41:05,960
platform of your choice. 
It will help us educate more 

2064
01:41:05,960 --> 01:41:08,080
millennials on the importance of
Bitcoin. 

2065
01:41:08,360 --> 01:41:10,080
You can follow and connect with 
me on Twitter. 

2066
01:41:10,080 --> 01:41:14,600
I'm Bram K That's at BR AM K, 
and if you are or know someone 

2067
01:41:14,600 --> 01:41:16,640
who has an interesting 
perspective on Bitcoin that's 

2068
01:41:16,640 --> 01:41:19,640
worth sharing, hit me up. 
I read and reply to every single

2069
01:41:19,640 --> 01:41:21,520
message. 
I appreciate your support and 

2070
01:41:21,520 --> 01:41:23,200
hope you'll be here for the next
episode. 

2071
01:41:23,520 --> 01:41:24,760
Thanks for listening. 
Bye.