March 10, 2021
CD12: the bitcoin lightning network with @r0ckstardev and @suheb__
r0ckstardev: https://twitter.com/r0ckstardev
suheb__: https://twitter.com/suheb__
EPISODE: 0.1.2
BLOCK: 673909
PRICE: 1842 sats per dollar
TOPICS: Lightning
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00:04 - Introduction and pizza review
04:31 - Discussion about the Bitcoin Tuesday celebration and Citadel Dispatch
15:05 - Discussion about the bullishness of Bitcoin and the recent shareholder letter from a billionaire
30:05 - Discussion about the design of Bitcoin and the potential for it to pump forever
39:31 - Limited time opportunity to buy Bitcoin
40:07 - The power law and the 80/20 mix
41:34 - The urgency to buy Bitcoin
01:17:50 - The future of routing infrastructure
01:19:02 - The difference between an end user and a routing node operator
01:20:58 - The challenges of relying on Tor for routing nodes
01:56:06 - Liquid vs Lightning Network
02:08:14 - Taproot and its impact on Lightning Network
02:28:00 - Engagement and giveaways
02:34:40 - Discussion about Ethereum being centralized
02:53:44 - Conversation about the importance of RTL (Ride The Lightning) software
03:01:17 - Mention of Suheb's wife and their work on RTL
WEBVTT
NOTE
Transcription provided by Podhome.fm
Created: 3/17/2024 4:34:28 PM
Duration: 11481.73
Channels: 1
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Alright. Pizza view time.
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Let me get this off. Miami, that was a weird, like, walkout because I'm still doing it alone.
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Pizzetti, new pizza place, pizzeria and wine bar. Where are we? Menu looks great. We're at, 1223
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Lincoln Road. He he I don't know.
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These guys didn't know me in there. I'm almost positive they didn't know me. They may have been googling me after. Pizza's huge, by the way. And if I'm not mistaken, it was, like, $40
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$35, which is
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insane for pizza. Looks really good. The other part of what they were telling me, which I can't tell if they knew me or didn't know me or what they were doing, they're like, do you wanna pay for it in Bitcoin? Are you trolling me, dude? They're like, do you own crypto? I'm like,
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alright, Tom. Alright, fucking parabolic guy. Like, no. I'm not paying Bitcoin. I'm paying fucking cash.
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Like, why? You don't own crypto? What are you stupid? Do you want your score to go through the roof? I sold my crypto. Everyone knows I sold crypto at 11,000. The market's tanking. I don't need
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the guys to give me a Bitcoin lecture. It's fucking crazy.
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Diamond hands paper, and I'm just trying to eat pizza. I'm getting fucking ripped. Marcus Baker to come back. Oh, this is nice. You know what? This
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super light?
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You know what this reminds me of? Upper crust and upper crust prices too. I just spit. I don't care. Deal with it. One bite everybody knows rules. Pizzetti, solo pizza review, working, doing it. Let's do it.
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These Bitcoiners can make some pizza. This is good. What are they doing? Bitcoin? I've never heard they want paying Bitcoin? I'm like, no, Casa. You sure you don't wanna do Bitcoin? What's up with you and Bitcoin?
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It's really good pizza.
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It was right up there with my favorite Miami.
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People know about this place, Bazette. You gotta save up.
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You gotta have your multiples,
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$40 or 35. 38 with $38 for this pizza. That is
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ridiculous,
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but it's very good.
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It actually reminds me of of Upper Crust in Boston. I think Upper Crust went out of business because they weren't paying their workers. I I don't know if these guys are paying Bitcoin, but this is very good pizza. This is
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I really like this.
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Who the hell is that?
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I'm gonna ask this guy. This is one of the waiters. They're Bitcoin. I'm gonna see if he gets it.
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See if he see if he'll talk to me on Bitcoin real quick.
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Hey. I'm making a video. Why why did you want me to pay for Bitcoin?
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Why are you so why are you so in on Bitcoin?
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No. It's not only Bitcoin. It's the crypto world. Everything. So everyone who comes here, you try to be like, no. No. No. No. It's just, just you because I just was making investment.
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You have no idea who I am, though. Right? Yeah. I know. Oh, you did. So you're busting my balls.
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Exactly. Alright. Tell me I I thought you guys didn't know. I was like, what are these fuckers talking about Bitcoin. They're trying to get wishing everybody the same, but you
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Oh, thank you. I thought you guys just randomly I'm like, fuck these guys. Bitcoin.
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Alright. That makes more sense.
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Alright.
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The pizza's really good. I was between 7981.
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That's how good I think it is. I'm gonna go 79. They have more tang, but this is, like, as good as you can get, but you better invest in Bitcoin and make, like, triple your money to afford it. 38
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bucks. That's a review. Really, really good pizza. Awesome date spot too, even though I'm alone like a lunatic. Pizzetti, 1 bite review.
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What is up, freaks? It's your boy, Matt Odell,
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for another Bitcoin Tuesday celebration.
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Welcome back to Citadel Dispatch. This is episode 12,
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the interactive live show about Bitcoin distributed systems, privacy, and open source software.
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We are joined here by my good friends, Rockstar Dev and Suheb.
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Very excited about this conversation. I've been trying to get both of them on Tales From the Crypt for a long fucking time.
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It's been too long since I've seen them in person. I'm very good friends.
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So I'm happy to have them here virtually.
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We will be discussing
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majority of the Lightning Network, but we'll be talking about a lot of different things today.
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That was Dave Portnoy on that clip.
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I think that goes without saying for the majority of freaks out there, but Dave Portnoy is the CEO and founder of Barstool Sports
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who
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famously,
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decided to buy link,
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because
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the the the Winklevoss shield him shit coins.
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And he bought some Bitcoin too, and he sold at 11,000.
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And since then, we've been trolling him. And as you can tell,
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Bitcoiners are everywhere.
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He can't escape them. He was at, pizzas
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pizza spot in Miami,
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and, they were trolling him about Bitcoin there. So he cannot escape it. Is on his mind. He will have to capitulate eventually at much higher prices,
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and, you know, he should just he should just learn to stay humble and and stack some stats.
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With that said,
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big warm welcome
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to Rockstar and Suheb.
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Rockstar is
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best known for his work on LN Strike and BTC pay server.
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Suheb is well known for his work on RTL.
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That's Ride the Lightning.
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Ride the Lightning and
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BTC pay server are 2 of the most important,
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open source lightning projects
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available, so they're perfect, guests for this conversation.
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And with that, I would like to start with rock star. Rock star, how's it going?
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Crazy.
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Because,
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man, you have some quite quite some setup here. I'm trying to stay on, like, YouTube comments, Twitter.
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This video.
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You don't have to do that now because now that the video is done, the comments are directly on your screen. You see it's pulling the comments from Twitch,
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Twitter, and YouTube directly on your screen.
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Yeah. But,
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I want to interact with all our great audience, man. Like, you have the best freaks. I now wish I have this and, like, Sunday Coding with Uncle Rockstar, but that's the thing, man. Like, us Bitcoiners always
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learning from each other, so glad to be here with you and Suheb.
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So you just brought that up. I mean, before we get to Suheb, let's just jump into some decoding with, Uncle Rockstar. This is something that you've been doing recently,
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and I I
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every Sunday, you broadcast this out on on Twitch,
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Twitter, and YouTube. Right?
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Yep. Yeah. And, I mean,
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as I said to you in the intro to this video, like, I I found it so funny that you also started this in December a little bit earlier.
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What can you do when you're, like, full time podcaster? I'm a developer.
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So it seems like Bitcoin spoke to us both at the same time,
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but you're ahead, man. Like, you're always ahead of me. Like, I need
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I need to catch up on this whole thing. So, yeah, I'm I'm essentially streaming,
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how the sausage is made, like, behind all that BDC based server coding,
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trying to get more contributors in. And,
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I already know, you and me, we're going to do
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episode where your coding will make a proper Cypherpunk out of you because Cypherpunks write code.
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So I I just can't wait for that one. I'm looking forward to it. I'm looking forward to it. I mean, you said I I'm a full time podcaster. I mean, it it depends on how you wanna argue semantics. I mean, I right now, I got, like, 5 different jobs going on. Yeah.
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But, I I do,
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I am I am devoting about 10, 12 hours to this shit, so
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there there's there's something to be said there.
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No. If I if I may jump in into that one because I I would call you,
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evangelist. Like, you're one of the best evangelists that Bitcoin has.
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And,
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what is it? Like, podcast or no? You're just, like, spreading this positive message, and I think that message that you came up with, it's like, stay humble,
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which I have for all our great freaks here.
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Like, that's such a great message, and,
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just keep doing, man, what you're doing. You're best evangelist we have. Cheers to that. I mean, basically, what I'm thinking right now is I'm just going really hard this year, and then I might just disappear. So I love you, freaks. I almost tweeted out today, feeling cute might go dark, but I didn't,
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and I'm still here. But,
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this number go up is a, a very tiring thing.
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Before we move on to Suheb, I just wanted to say real quick. I I'm trying to learn how Twitch works.
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This is broadcast via Twitch. It's broadcast via Twitch, YouTube, and Twitter. You can find all the links at citadel dispatch.com, then the archives are posted to Keybase and Telegram,
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so you can download them in full with no ads.
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And then they're also posted to both our tales from the crypt podcast feed where the majority of people right now are probably listening to us, and then also a dedicated seasonal dispatch feed where you can search there. But I'm trying to get my my hands dirty with Twitch,
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and I'm pretty sure,
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like, there's, like, some kind of partnership we can do. Right? We're, like, Sunday Coding with Rockstar
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broadcast this,
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and then I broadcast Sunday Coding with Rockstar from Citadel Dispatch. Like, is that is that a possibility? I think that's a thing we can do. Right?
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Absolutely, man. Like, that's why we're here when Bitcoin connects us, and then we we do more as a sum than individual parts.
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So let's do that. Let's do, let's let's set it up. Let's figure out how to set it up so that that this broadcast via your Twitch and and and that that,
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coding with Uncle Rockstar broadcast out of the Citadel dispatch Twitch. I think that'd be a great idea.
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I'm trying to make the Twitch feed,
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I'm I'm trying to lean in and learn about Twitch. I had, the full Citadel dispatch
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archive of 30
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hours, 11 episodes,
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broadcast straight with no ads or anything on Twitch over the weekend. It was just so, like, there was, like, people who, like, tuned in and just spent, like, 6 hours just, like, listening and watching Bitcoin,
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which I I just thought was really cool that you could just do that. Yeah. Because people feel the energy, man. And, what I was tweeting out before this episode is because we've been singing this chorus for last 10 years, like, people like you, people like me, people like Suhab, and now we have, like, billionaires joining this chorus, and it's exciting. And we just need to
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find place for all our Bitcoin plebs
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because we all can contribute and make better system, more fair system.
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I love I love I I just I love this idea that the billionaires are just they they have, like, names on Twitter.
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Suheb, how's it going over there?
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It's going great. Thank you for having me here.
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I don't know whether Rockstar remembers, but the first time I met Rockstar, it was
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in November of 2018,
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and we were in
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a lightning hackathon,
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in New York City.
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So it was a yeah. So it was a 2 day hackathon. So I and I was actually conscious about the laptop that I was carrying. I thought I had a very big outdated laptop. So 1st day, officer was not there. So 2nd day, I went, and, incidentally,
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the place that I was sitting at, there was another, you know, massive laptop parked right next to me.
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And it was Rockstar's laptop. So then I said, oh, man. I thought I was conscious about mine. You got even bigger one than than I do. So that was my introduction with lap, with Rockstar.
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So yeah. It's me. The
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Man, you won't believe the joke. Like, I overdid the Rockstar mode. Like, now I have a laptop with 2, like, adapters
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for power.
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Yeah. I'm pulling it. Right. I'll send it to you. I'll send it to you in the picture.
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You deserve that.
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You deserve it. No. I already Yeah.
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And I got a buy a Bitcoin pin, from Rockstar there, which I still have to carry. It's
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a it's a proud position that I have.
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So and a and
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a 100 1,000,000 or 10,000,000
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denari note.
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So yeah. And which you,
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you know, autographed. So I have those those two things too.
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The one the one thing you can guarantee at any Bitcoin conference or meetup is that they have some kind of shitty fiat
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Yeah. All over the place.
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Right.
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It's a very, kitsch Bitcoin thing.
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Yeah. We love we love our shitty fiat.
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That's why we Bitcoin.
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So what when was this? Was this during shitcoin week, the consensus week in New York?
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No, man.
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No. I don't think at that time there was a consensus. It was a a full most hackathon of lightning.
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In in New York?
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In New York. Yeah. It was actually near the bull
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right in downtown.
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Yeah. And Fulmo is organizing all the great conferences. For example, Berlin Berlin,
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the for, like, lightning,
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conference was FOMO.
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They're they're European based. Aren't they? Yeah. Yeah. German.
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That's why it caught me off guard that they had a New York based one. That's pretty cool.
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They they did it especially for us,
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like, in US, and the next one was, like, kinda let's do Texas, but, yeah,
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COVID hit.
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Well, anyway, shout out to Fullmo. They have some great YouTube content. So the the people that the listeners who are are visiting us via YouTube,
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and might not be aware of them,
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someone in the comments said that the Flatiron School, was where they hosted it. Yep.
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Exactly. So shout out to the Flatiron School. But if you type in Fullmo,
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into YouTube, their channels should come up. They have a lot of great content on there, so you should go check it out.
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Another thing for the YouTube freaks to keep in mind is we appreciate when you press that like button on YouTube,
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but I just want you to know that it does kind of go to waste because as soon as this live stream ends,
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YouTube copyright flags me and then makes me reupload,
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and we lose all the likes. So if you are if you are if you do want to, like, have extra credit,
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go back to the YouTube after
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after I reupload and then add another add another like on top, and that that would be appreciated, I guess. I mean, I don't really care. I think we're just gonna get banned from YouTube eventually,
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but I do appreciate you guys. And the number one thing you can do is really while the livestream is going on, is retweet it on Twitter because that's where all the big corners are.
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So cheers to you guys for that.
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I don't know where I wanna start.
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I I just kind of to be honest, I I let's start with number go up, before we go to lightning. I I got I got the price chart on on the feed. This is what we always do.
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It looked really nice when I was doing the 30 hours because you just saw the price pumping from the beginning of Citadel dispatch to the end, which is I'm looking forward to the end of the year. It's gonna be fucking ridiculous
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when there's just, like, a 1000 hours of Citadel dispatch, and and you just see the price pumping during the whole thing.
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Number go up has got me
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this is the best drug in the world,
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but at the same time,
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yeah, it's the best drug in the world. We had we had this billionaire.
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I'm not gonna try and pronounce his name, but he has,
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this this this corporation in in in Norway.
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He's the
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one of the 10 richest people in Norway.
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A k e r, Aker, I think, is or Aker is how you pronounce it.
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And he did the shareholder letter where he'd announced that they were going into Bitcoin really hard. They were starting a whole Bitcoin unit called CD.
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Did you guys read that shareholder letter?
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I I did, and I was pissed.
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Why? Because Jack Jack Mahler's got the mention, but you didn't get the mention?
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No. I'm I'm glad that Jack Mahler's got dimension, but why didn't I get dimension, man? I I, like, organized
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that actually. But it's probably
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this name ism of they don't wanna put Rockstar developer in shit.
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You know, it's not serious, this and that, but it's I really learned a lot from this Vin Diesel motherfucker.
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Yeah. That's what is always funny with me, Vin Diesel.
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Do you know that when
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me and, John Carvotto, like, he was organizing some merch and he put my profile image while still it was Vin Diesel,
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And he was making, like, panties.
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And they wouldn't sell the panties, like, because it had a picture of Vin Diesel.
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And, like, that was hilarious, man.
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But now on hoodie, now I can go on all I'll I'll always remember before I met you at,
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bit block boom 2019,
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you, like, DM ed me. We're, like, really excited to meet you. Like, I just wanna let you know, like, I'm shorter than Vin Diesel. I, like, don't wanna get your hopes up. And then you met me, and you're, like, oh, fuck. We're both short. No. I'm not short, man.
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Still in the DM. Don't make me post screenshots.
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So you'll yeah. My cyberpunk friend betraying. So Let's talk about let's talk about this letter because I guess you have some behind the scenes
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you
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were you part of that conversation with him, with Jack?
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Yes.
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And,
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I don't know how much I I should reveal, but they they are the real deal. I don't know. Like, were you involved with the whole thing? Because
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they they kinda want to do it the proper way. And
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I mean, I like to think he I like to think he read my shit posts and, like, listens to the podcast, but I wasn't, like, specifically involved. I didn't get to mention like Jack did.
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He even he even mentioned,
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that professor, Michael Green or whatever. He, like, mentioned Bitcoin deniers because they helped him learn that they were wrong.
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Yeah. That was but but that's that's where you and me, Matt, should accept that Bitcoin wants us in different, like, audience and crowd. Because in the end, billionaires will be parting with us in you know, after midnight, they won't be mentioning us in in shareholder,
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you know, letters because it's not
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convenient.
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So we should just embrace that one, man, you and me. Yeah. I'm fine I'm fine with not getting mentioned in the shareholder letter, man. That that was the most bullish thing I ever fucking read. Suheb, you're completely, you know
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Rockstar's biased and, like, can't give his true opinions because he was part of the conversations. He's trying to be a gentleman here.
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Were were you as blown away as me? Like, I fucking read this thing in the morning yesterday,
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and I just literally couldn't
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and and this this is coming from someone who's
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obviously,
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been very focused on the space for years.
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I talk about it all the time every week
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on air, on the record.
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I expect very big things for Bitcoin.
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I'm as bullish as they come, and it just caught me off guard. It caught me off guard, and I was just in shock almost.
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Yeah. Unfortunately, I've not read it, but I did catch the highlights. Oh, my god.
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I have not read it.
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But I I'm planning to read it, though.
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But I did caught, catch the highlights, on Twitter.
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So
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it's a You have to read it, man.
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Yeah. Yeah. But
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it has to happen. I mean, that that's that's how the Bitcoin is designed.
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That's what is going to happen. But, yeah, it does feel exciting to be, you know, going through that journey,
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but,
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it's all eventual.
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It should now be in a,
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you know, inner peace moment
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rather than
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rather than, you know
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yeah. Maybe, yeah, it's time to celebrate as well. But yeah. So
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so we have Paul Miller in the audience right now, and he said he read the first half. It seemed really bullish. Does it get more bullish?
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Paul, what happened to me was I read the first half. It was so bullish that I had to stop reading. Like, I just lost concentration, and then I went That's what I went. And I I continued it. It gets even it gets even better. It's fucking insane. Like, the dude the dude literally at one point says,
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I I'm not telling my friends and family to put everything they own into Bitcoin.
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The lawyers say that's litigation risk,
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implying that he's telling you to put everything you own into Bitcoin. Yeah. Like, he literally just wrote it down on the paper that way,
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you know, to to cover his ass to a degree, but but that's, like, the most like, he sounded like
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one of us.
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Right? He sounded like you have this this this 60 year old billionaire,
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renowned businessman, and he sounds like a Bitcoin pleb on Twitter. Well, this this much I can tell is that
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I mean, from speaking with the guy and hearing him speak,
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he definitely seems like one of us. It's just that, yeah, he was born in different era wherein all this technology was not available, but he, like, he gets the idea, especially because
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they, as a company,
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yeah, they understand the problems. Like, settlement is,
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is a huge issue, and most of people are oblivious
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to how you're actually settling,
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you know, the purchase that happens on one end of the world and you need to deliver the goods from, you know, another end of the world.
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So,
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yeah, I I could
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get
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I I get I mean, that part, Roger.
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How bonish it would be if you were in the conversation?
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I mean, yeah, that part makes sense to me. Okay? Like like like, you hear Jack speak. Right? And you and you he's talking about settlement and sending Bitcoin at the speed of light,
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and and and having having both in a network that you can scale privately, but also interoperable in an open way,
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is bullish as fuck. And everyone knows that, you know, like,
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there are few there are there are there are few
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podcast
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conversations that are more bullish than ones that Jack Maurer's are a part of.
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We're all aware of that. But he was red pilled even farther than that. He was talking, like, pro privacy, like, anti KYC,
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you know, like, this is, like
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those are things that you just never I you just don't expect. He basically said Bitcoin's designed to pump forever, which, by the way, I wanna get you both on the record agreeing with as part of this show.
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Yeah.
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But but
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but but but the but the the settle like, transferring value
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across borders, and we'll go farther into this
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because of of the topic of of today's episode anyway,
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is like an obvious place where I expect businessmen to get orange build. Right? It was the other things on top of that that really caught me off guard.
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Does that make sense? You mean you mean, like, anti KYC and all that stuff? He was, like, talking about, like, sovereignty
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and privacy
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and no KYC
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and and permissionless
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and, you know, open network. Like, it was it was very much a,
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you know, it it it was very it was very much like a self sovereignty
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manifesto in 23 pages.
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Yeah. Yeah. I mean, as I am telling you, like, I can definitely
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give my seal of approval from
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the meeting I had and, you know, the stuff that I've listened,
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from from the guy in question, like, billionaire in question.
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To me, he does seem
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very sincere. And that's the thing with Bitcoin is because
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all the stuff that we as Bitcoiners are talking about, like, I I would think,
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like, it's it's really widely distributed across the world. Just there wasn't any unifying force that would connect,
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you know, you, Matt, and me so that we can do stuff together.
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But now there is. You know? There is Bitcoin.
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So, finally, you and me have an excuse to connect. You know, me and Sue have have excuse to connect and work on something together. And that's what I think is is happening
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also with billionaires because billionaires
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are also people
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that,
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you know,
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have their own dreams and wishes. And when they recognize
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how, you know, honest this is, how
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great this whole system
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is. I mean, you know, they see it. They they see something that they've been missing, and they wanna join the party. And and I'm always, yeah,
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non KYC
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people that are in our, you know, cypherpunk philosophy view, which I think anyone sane is, but,
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they just didn't have the tools that they have now with, you know, Bitcoin and the whole movement. So because as you, Matt, say again, another your great saying is
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no privacy, no freedom.
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That's
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Yes.
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In all caps.
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Okay.
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YouTube comments also.
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I'll
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Did you see the YouTube? I love the freaks. They're all just all caps right now. It's fucking fantastic.
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You notice Bitcoin Twitter, all the caps that you've have you been seeing flow through people?
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You you've really been Brian.
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Brian and Oh gosh.
333
00:26:11.755 --> 00:26:20.680
Taps Lockhart, man, is a whole new beast. I fucking love that guy. I'm so happy he's back on Twitter. I gotta get him on dispatch. He'll he'll be on the dispatch soon. Please.
334
00:26:21.060 --> 00:26:30.265
Yeah. You've you've missed for International Women's Day. Did you see, like, how big freak he is with that tweet? We when he was like, okay. I I've,
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00:26:30.985 --> 00:26:38.760
put the wife. She's going to work. I'm back. I'm I'm at home with kids, and he's like, man, belong in kitchen. I worked so hard to get here. I'm not getting up.
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00:26:41.059 --> 00:26:50.065
Oh, man. I agree with him. Right? He was at belong in kitchen. He was at, bit block boom 2019 with us. That's where I met him and you for some time. He's kinda shy.
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00:26:51.245 --> 00:26:59.410
Woah. Woah. Woah. Sean Stack and saying caps lock card is greater than caps. I'm I'm fine with that. Caps lock card is greater than caps Odell. I'll stay humble in that regard. I love that, dude.
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Oh, yeah. I'll take it. But no privacy, no freedom is a is a is a sticking point for me.
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Rock star, do you think that Bitcoin is designed to pump forever?
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I don't care.
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You don't what the fuck? What does that mean? Do you either yes or no. Do do you think that the purchasing power will increase,
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indefinitely, or do you think that there's some kind of top?
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Like, nothing is indefinite. Like, infinity only exists as a infinite repetition of finite.
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Okay. So you don't think Bitcoin is designed to pump forever? There we go, man. Black and white. Yeah. Like,
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and then all that stuff. Well, to be clear, you're wrong. Beautiful colors be be between the two extremes, and I'm telling you, like, I don't care what is the It's not an extreme. It's basic logic.
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If you have a if you have a finite if you have a finite scarce asset like Bitcoin, a truly scarce asset like Bitcoin,
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and human productivity and ingenuity
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increases over time, then the purchasing power of that finite money that's that's the standard value of the world, should increase in value over time
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forever.
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I I'm more bullish on Cap Soudel. Like, he's designed to pump. Well, I'll just I'll just wait. Let let's see the reaction of audience, like, because you are now You see Sean? Sean saying hashtag cancel rockstar. All caps. Please do. Please do. I'll I'll do more things.
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I'll pull a Pedro McCormick, and I'm gonna yeah.
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Oh, poor me.
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Bitcoiners are mean.
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So So what what do you what do you think,
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Suhab? Do you think do you wanna get canceled, or do you think Bitcoin's gonna Yeah. I was about to say that. I don't want to risk being canceled, so
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00:28:45.835 --> 00:28:53.375
so I would say yes. But I agree with your argument that you're making of I I definitely think that it's designed for to pump forever.
357
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No doubt about it.
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I mean, like, if you Yeah. I I love that I have I have, like, 2 different memes that I have going at the same time. I have,
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that Bitcoin's designed to pump forever,
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and then I have
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every asset in the world is is gonna trend to 0 in Bitcoin terms. And they both mean the same exact thing.
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But there's, like, a group of people that believe 1 and not the other, and it's the weirdest thing ever. Like, I trigger half of them when I say the one thing, and then I trigger the other half when I say the other thing. And to be clear to the freaks, like, we're not memeing things into reality. The memes were already real.
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The they're just
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it's an easy way to showcase what already exists. You know? That the it is it is a fact, and and the memes are just a very distilled way of communicating that fact.
365
00:29:42.465 --> 00:29:44.325
Yep. It's for the artists
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like us.
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So I see right now,
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Rockstar,
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that you are,
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you're, like, you're, like, tweeting live while we're while we're recording,
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which is impressive that you have have so much
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that that you're not you're not getting distracted. So you actually tweeted out a picture of of your 2 chargers,
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while while we're while we're recording.
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00:30:11.815 --> 00:30:21.750
Are you you you need the power from both chargers to power your laptop? What's the issue here? What's go what's going on here? I'm telling you, man. Like, I overdid this rock star mode.
375
00:30:22.690 --> 00:30:28.230
Like, they they somehow, like, plugged in a desktop CPU into laptop.
376
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And I didn't read before purchasing, you know, implementation is facts like, you know, pie. So does it charges with 1 charger, but it's just too slow. Is that the issue?
377
00:30:39.460 --> 00:30:41.640
No. It won't work with 1 charger.
378
00:30:44.260 --> 00:30:54.550
It's like you need. And now you can imagine how this will look like if I, like, bring this laptop to the conference. I mean, I Exactly. Disappeared super and even more. It's like crazy. What I
379
00:30:55.030 --> 00:30:57.770
that's what I thought. You know, he took away my conscious
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I was being conscious
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that I have a massive laptop, and then I saw his laptop. I said, okay. I'm fine. What kind of laptop is that, Rockstar?
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00:31:06.774 --> 00:31:07.835
Dude, it's
383
00:31:08.135 --> 00:31:13.514
it's just, like, developer laptop. It's like desktop replacement. So I know. But what's the brand?
384
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I don't wanna advertise the brand because they MSI or something?
385
00:31:19.480 --> 00:31:23.705
No, man. It's, like, custom made. It's I'm looking at the red the red flares.
386
00:31:24.644 --> 00:31:30.585
No. No. No. Like, I hate that gamer mode. I just like, gamer laptops, their most powerful
387
00:31:30.890 --> 00:31:31.390
help,
388
00:31:31.850 --> 00:31:36.830
like, bring down compile. Yeah. All the peripherals, the best ones are gamer stuff. The keyboards, the mice,
389
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everything.
390
00:31:38.595 --> 00:31:42.275
Yeah. But, like, this one is it's it's kinda like low key what
391
00:31:43.635 --> 00:31:54.540
it it's low key. Like, it's custom designed. It's just Jesse said it was Alienware. It's not Alienware. Don't offend him like that. No. K. This is I'll I'll try to find the exact picture because
392
00:31:54.924 --> 00:32:02.705
it's it's different. I posted someone else's because I yeah. I don't wanna take a picture of my desk itself. Oh, wait. This isn't your this is not even your fucking laptop?
393
00:32:03.460 --> 00:32:04.420
Man, like,
394
00:32:04.980 --> 00:32:08.040
you illustrate the concept through obfuscation. I mean,
395
00:32:09.220 --> 00:32:12.200
you want you wanna take the picture of my exact adapter?
396
00:32:13.925 --> 00:32:19.625
Well, that's great. So what'd you what'd you Google search? Did you just search did you just search, like, 2 charger laptops?
397
00:32:21.460 --> 00:32:25.080
I I searched Rockstar laptops, and that's what came up.
398
00:32:27.460 --> 00:32:30.760
I love this. BTC pin says it's the held laptop, and he's embarrassed.
399
00:32:32.174 --> 00:32:33.395
Held laptop.
400
00:32:34.015 --> 00:32:35.934
No. No. It's it's not,
401
00:32:37.615 --> 00:32:38.835
it's not a newsletter
402
00:32:39.135 --> 00:32:39.635
$100
403
00:32:40.015 --> 00:32:40.450
laptop.
404
00:32:41.490 --> 00:32:44.389
And then it's not likely illegal. It's
405
00:32:44.850 --> 00:32:49.830
it's perfectly legal. I mean, the way you're talking about it, you're talking about it like it's likely illegal, so I don't know about that.
406
00:32:50.554 --> 00:32:52.735
Man, everything is illegal nowadays.
407
00:32:54.154 --> 00:33:00.130
So, I mean, we we have a freak who's asking about the Oracle earnings tomorrow. I mean, like, if you if if you're asking us,
408
00:33:00.750 --> 00:33:10.404
I'll speak for I'll speak for both Rockstar and Sue. I mean, if you're asking a Bitcoin or if we think that they're gonna announce a a massive ass Bitcoin purchase tomorrow. I mean, I think the answer is always yes. Right?
409
00:33:10.865 --> 00:33:11.365
Yeah.
410
00:33:13.264 --> 00:33:18.030
No. I mean, if I can actually talk a lot about stocks because I made, like,
411
00:33:18.410 --> 00:33:27.745
tons of money with stocks here in US. Oh, yeah? Yeah? Okay. Let's go. Rockstar Dev trading room. Let's go trading with uncle Rockstar. You wanna give us some stock tips?
412
00:33:28.205 --> 00:33:32.144
Yeah. Go to Wall Street Bets and whatever is proposed by.
413
00:33:34.000 --> 00:33:37.140
No. This is not financial advice. La la la la la.
414
00:33:37.440 --> 00:33:37.940
Man.
415
00:33:39.920 --> 00:33:51.860
No, man. It's But the freak shouldn't trade stocks. Every stock is trending to 0 in terms of Bitcoin. I mean, you can trade it if you want. Just consider it. It's gambling, and and really, you should just I I think I think the most successful,
416
00:33:53.519 --> 00:33:58.820
people in the finance world over the next 5 years, over the next 10 years will be the people that just stay humble and stack.
417
00:33:59.365 --> 00:33:59.865
Yeah.
418
00:34:01.125 --> 00:34:11.850
That's fine. Like, significantly. Like, we're just we're just triggering financial professionals all across the world because we're just continuing to outperform them by dollar cost averaging into this fucking magic Internet money.
419
00:34:12.470 --> 00:34:15.609
May have bit Bittstein had that great tweet of,
420
00:34:16.375 --> 00:34:16.875
like,
421
00:34:17.175 --> 00:34:17.915
all the,
422
00:34:18.295 --> 00:34:25.755
like, people that spent, like, 50 k a year or 100 k a year going to Ivy League school and then, you know, interning
423
00:34:26.680 --> 00:34:33.305
in Wall Street firms and this and that. And, like, he posted that, like, I should post it on Twitter, lift weights and
424
00:34:33.704 --> 00:34:36.845
ate meat, then I'm, like, having bigger returns than all of you.
425
00:34:37.145 --> 00:34:38.285
So fucking hilarious.
426
00:34:39.305 --> 00:34:40.605
It is. It's ridiculous,
427
00:34:40.905 --> 00:34:42.204
man. I mean,
428
00:34:42.869 --> 00:34:53.355
that's just funny, like, you know, and and and and that type of person is the type of person who talks down to other people, so that's what makes it funny. Right? Like, when you say have fun staying poor
429
00:34:53.895 --> 00:34:54.875
to a billionaire
430
00:34:55.255 --> 00:35:04.660
or to someone who has a finance MBA and thinks they're better than you because they took, like, the series 7 or whatever their fucking KYC tests are that they have to take
431
00:35:06.255 --> 00:35:07.395
to to get certified.
432
00:35:07.934 --> 00:35:11.954
They talk down to you about it. Right? So so us outperforming them is fucking hilarious.
433
00:35:12.654 --> 00:35:14.674
What's really frustrating is
434
00:35:15.420 --> 00:35:18.240
is, like, the the buddies that you know from, like,
435
00:35:18.860 --> 00:35:21.600
from school and shit that that are making $15
436
00:35:22.060 --> 00:35:25.305
an hour or $30 an hour, and they're, like, trading,
437
00:35:26.565 --> 00:35:30.744
you know, like, garbage electric car company stocks from, like, China,
438
00:35:31.770 --> 00:35:44.635
and they think they know better than you. And you're just telling them you're like, can you just please just dollar cost average into Bitcoin so you're not resentful of me when we hit 200 k? Like, can you can you cover yourself so that that I don't have to, like, take care of your children's finances
439
00:35:45.255 --> 00:35:49.490
in 20 years 30 years just to be a good guy about it? Like, can can you contribute a little bit?
440
00:35:50.930 --> 00:35:53.990
But what does it get you? Are you able to convince them?
441
00:35:54.770 --> 00:35:58.595
I've never been able to convince anyone. Dude, I'll tell you the most
442
00:35:59.055 --> 00:36:01.635
success the the the Twitter game,
443
00:36:02.015 --> 00:36:13.299
especially Caps O'Dell, has been super effective on my real life, like, my my my pre Bitcoin friends. My real life friends. You guys are my real life friends. My pre Bitcoin friends because
444
00:36:13.945 --> 00:36:24.740
they they listen to they listen to the the tweets. They follow me on Twitter secretly, and they listen to the tweets more than they listen to me, you know, telling them, like, every day in in our group chats.
445
00:36:25.040 --> 00:36:25.540
Yeah.
446
00:36:26.480 --> 00:36:26.980
Matt,
447
00:36:27.840 --> 00:36:30.580
here is one thing that's really important for everybody
448
00:36:30.905 --> 00:36:32.585
to understand, and that's it. Like,
449
00:36:33.385 --> 00:36:37.645
you can never wish more for people than they wish for themselves.
450
00:36:38.345 --> 00:36:38.845
And
451
00:36:39.760 --> 00:36:43.940
we we only like, most of us only learn through failures,
452
00:36:44.560 --> 00:36:46.579
so we should embrace failures.
453
00:36:47.119 --> 00:36:48.740
And, like, I'm telling you,
454
00:36:49.585 --> 00:36:53.105
you know, like, you know you can't persuade any
455
00:36:53.585 --> 00:37:02.690
like, everyone has experienced this. You're like, talk about Bitcoin to some friend of yours, and then, like, tomorrow they text you, oh, I bought bought Litecoin because it's like
456
00:37:02.990 --> 00:37:08.994
No. And and, like, what what can you do? The the only thing that you can do is, like, you go back
457
00:37:09.454 --> 00:37:11.135
and you look at the also, or,
458
00:37:11.615 --> 00:37:15.539
you look at yourself and you say, okay. Maybe I'll stack extra extra for that
459
00:37:16.119 --> 00:37:16.619
person.
460
00:37:17.200 --> 00:37:18.019
No. Seriously.
461
00:37:18.640 --> 00:37:21.460
And, plus, you already look at the people
462
00:37:21.975 --> 00:37:28.715
that are in Bitcoin. Like, look at all the great audience that we have in here that wants to cancel me now. So
463
00:37:29.660 --> 00:37:34.800
I I, you know, talk with these people, and then they tell me, okay. I maybe need
464
00:37:35.579 --> 00:37:36.079
something
465
00:37:36.575 --> 00:37:46.370
coded. Like, how do I code it? So I answer those people instead of answering, oh, how do I get rich? I mean, I got the message today from somebody who wanted to, like, from Europe wanted to drop,
466
00:37:47.570 --> 00:37:48.070
â¬1,000,
467
00:37:48.370 --> 00:37:51.030
and he's like, okay. What shit coin should I buy?
468
00:37:52.690 --> 00:37:53.190
And
469
00:37:53.875 --> 00:37:56.755
I basically say, yeah. Like, I sent that,
470
00:37:58.194 --> 00:38:02.855
congressman that's saying that there is a Bitcoin and then there is a shitcoin. Like, buy Bitcoin.
471
00:38:03.560 --> 00:38:05.500
You don't wanna become a day trader
472
00:38:06.200 --> 00:38:25.850
and, you know, like, that's it. I think the biggest issue we have is it's too simple. You know. Like, I feel like almost, like, we need to add extra steps, like, you know, don't just dollar cost average Bitcoin, like, maybe, like, pick up a hula hoop, like, dance around in a circle, like, run for a mile, and then, like, buy Bitcoin or something. Like, you gotta make it more complicated
473
00:38:26.230 --> 00:38:29.130
than it is because they're just, like, it's too simple. It seems like
474
00:38:29.955 --> 00:38:31.335
a, you know, a get rich
475
00:38:31.955 --> 00:38:32.775
slow scheme
476
00:38:33.235 --> 00:38:38.140
or something. There's there's one thing magazine conference in Miami. Like, that's first step.
477
00:38:38.619 --> 00:38:44.220
That would tell. Okay. So one thing yeah. Go on, Sue. Let's hear it. Yep. One thing,
478
00:38:44.619 --> 00:38:47.039
that I have kind of come to agree
479
00:38:47.414 --> 00:38:49.674
on, right, or convince myself is that
480
00:38:50.055 --> 00:38:52.474
not everybody will buy Bitcoin. Right?
481
00:38:52.855 --> 00:38:55.115
Even if the whole world had the opportunity,
482
00:38:55.869 --> 00:38:57.810
everybody is not gonna make the use of it.
483
00:38:58.349 --> 00:39:04.770
It's always that power law is never going to change. Right? The 80 20 rule will not change with Bitcoin.
484
00:39:05.155 --> 00:39:07.255
Right? So there will always be a minority
485
00:39:07.795 --> 00:39:12.135
which took the risk, which got in early, and continues to buy.
486
00:39:13.070 --> 00:39:16.770
And there will always be a majority which will never be convinced,
487
00:39:17.150 --> 00:39:22.345
and ultimately, they will be the ones who will finally be earning in Bitcoin, but they will never
488
00:39:22.645 --> 00:39:33.710
buy Bitcoin. Right? Right. But they they will they will earn they'll use Bitcoin regardless. Everyone uses money. There's no 80 20 rule on using money. Right? Yeah. The buying Bitcoin is a limited time,
489
00:39:34.330 --> 00:39:41.315
opportunity. If that's this opportunity or this window is not gonna be open forever. Right? Limited time only. Stack stats while you can.
490
00:39:41.775 --> 00:39:46.194
Exactly. But I guess stacking actually is not buying. Right? Stacking could also be earning.
491
00:39:46.610 --> 00:39:49.270
We're covering ourselves there, but buy Bitcoin while you can.
492
00:39:49.730 --> 00:39:57.724
Yeah. Exactly. That's what I'm saying that you while you can, but everybody is not gonna do it. And, ultimately, there'll be a time when people will be earning their
493
00:39:58.184 --> 00:40:03.650
salaries or, you know, giving away their time for Bitcoin, and that's what that's what they're going to realize that they are
494
00:40:04.130 --> 00:40:07.349
too late or, you know, people told them and they never listened.
495
00:40:07.970 --> 00:40:10.150
But the power law is not going to change.
496
00:40:10.450 --> 00:40:10.950
Right?
497
00:40:11.484 --> 00:40:11.805
Yeah.
498
00:40:12.285 --> 00:40:17.345
There will always be that 80 20 mix. No. Sueb, I don't disagree, you know, and I almost
499
00:40:17.805 --> 00:40:22.370
and and this is one of the things I've talked about a lot on the podcast recently is that,
500
00:40:24.770 --> 00:40:25.750
I I almost
501
00:40:26.050 --> 00:40:29.250
you know, in the beginning days, it almost felt like we needed to
502
00:40:30.914 --> 00:40:33.174
it it it it behooved us to convince
503
00:40:33.714 --> 00:40:34.694
powerful people,
504
00:40:35.155 --> 00:40:36.615
to get on board with Bitcoin,
505
00:40:37.610 --> 00:40:42.110
so that they would not only pump our bags, but, like, protect the whole system. Right? And,
506
00:40:42.570 --> 00:40:47.815
create create a network effect type of moat to protect us from the inevitable attacks,
507
00:40:48.515 --> 00:40:51.415
by the state and large corporations and stuff like that.
508
00:40:52.115 --> 00:40:53.655
Now I almost feel like
509
00:40:54.940 --> 00:40:56.799
everyone's gonna capitulate eventually.
510
00:40:57.660 --> 00:40:58.799
It's almost like
511
00:41:00.140 --> 00:41:00.619
it's it's
512
00:41:01.339 --> 00:41:07.905
I'm not when I do my education and outreach to newcomers, I'm not doing it for the security of the network.
513
00:41:08.365 --> 00:41:13.105
I'm doing it or, like, the long standing of the network. I'm doing it because I want those individuals
514
00:41:13.720 --> 00:41:19.500
to not get as you know, I want those those those individuals to to have a chance at this opportunity.
515
00:41:20.520 --> 00:41:25.085
So, I mean, in in terms of this 80 20 thing, it's like, look. I'm fine with,
516
00:41:27.625 --> 00:41:28.285
you know,
517
00:41:28.905 --> 00:41:37.370
understanding that the majority of people won't buy Bitcoin now, and they don't they won't realize it until it's significantly higher. But at the same time, like, I want my friends and family
518
00:41:38.150 --> 00:41:41.924
to not be that group. Like, I want my friends and family to get in ASAP,
519
00:41:43.105 --> 00:41:49.640
and that's why caps Odell just got like, the urgency got so high. I mean, people were asking me, like, in December, like, Matt, are you losing
520
00:41:49.940 --> 00:41:51.080
it? Well, in hindsight,
521
00:41:51.700 --> 00:41:52.600
it was $18,000
522
00:41:53.140 --> 00:41:53.800
in December.
523
00:41:54.635 --> 00:41:57.855
Obviously, I was fucking going crazy because, look, here we are. It's
524
00:41:58.315 --> 00:42:00.825
$54,000. Imagine if you could have bought it at $18,000.
525
00:42:01.330 --> 00:42:06.950
Me telling people to buy Bitcoin now does nothing for them. If if they could have bought it at $18,000
526
00:42:07.490 --> 00:42:12.965
3 months ago, and I'm not saying you're late because you're not. I think we could be at 200 k in a couple months,
527
00:42:13.505 --> 00:42:14.005
but
528
00:42:14.465 --> 00:42:19.365
the urgency is real. Right? The urgency is real when all of a sudden you're playing with billionaire FOMO.
529
00:42:20.049 --> 00:42:26.230
Exactly. That's why I'm saying the opportunity to buy Bitcoin is very limited. It's it's not gonna be open forever,
530
00:42:26.875 --> 00:42:34.520
And people are going to lose that opportunity very quickly. Right? If imagine if Bitcoin goes to a 100 k, how many people can buy Bitcoin really?
531
00:42:35.000 --> 00:42:40.540
Very few people will be able to actually get Bitcoin. Right? Well, they can stack sats. Everyone can stack sats.
532
00:42:41.160 --> 00:42:41.895
Yeah. But
533
00:42:42.295 --> 00:42:49.355
Right? Right? I'll tell you one more thing. You know, I one person gets in touch with me with the moon, like, December November.
534
00:42:50.040 --> 00:42:56.765
Bitcoin is pumping. Right? So he says that, oh, okay. I want I'm thinking of buying Bitcoin. Right? The price is at 16 k at that time.
535
00:42:57.085 --> 00:43:07.339
So I said, yeah. Go ahead. Go to Cash App and start buying there. Then he doesn't buy. Then the price runs up to 25. I say, oh, man. I lost the opportunity to buy. I said, you can buy now.
536
00:43:07.640 --> 00:43:09.819
Then he's saying, oh, it's a speculation.
537
00:43:10.440 --> 00:43:11.260
I said, yeah.
538
00:43:12.039 --> 00:43:12.940
It's a speculation.
539
00:43:13.240 --> 00:43:22.775
Don't don't buy if you have to and buy if you have to. But I I'm not gonna convince you to buy. Buy if you want to buy. But if you don't wanna buy, you know, fine. Stay stay where you are.
540
00:43:23.155 --> 00:43:24.775
This is what people don't realize.
541
00:43:25.100 --> 00:43:30.800
No. Realize is, like, is is is if you're in a bull market, obviously, in hindsight,
542
00:43:31.340 --> 00:43:32.640
a lump sum purchase,
543
00:43:33.494 --> 00:43:35.355
with all your money in your bank account,
544
00:43:35.815 --> 00:43:43.930
is a is a better deal. But the thing is people don't have conviction in the beginning, and this is why stacking stats is so powerful because it's way easier to convince someone to say,
545
00:43:44.390 --> 00:43:58.375
you know, Bitcoin's designed to pump forever. It's impossible to be late for an asset that's designed to pump forever. Just put $50 in a week. Put in $50 a week. You're not going to the bar because your government won't fucking let you go to the bar, and you're just taking that willy nilly. So take that $50
546
00:43:58.740 --> 00:43:59.960
and put it into Bitcoin,
547
00:44:00.260 --> 00:44:02.040
and worst comes to worst, you'll lose it.
548
00:44:02.420 --> 00:44:02.920
Yeah.
549
00:44:03.380 --> 00:44:05.320
Matt. Matt. Yes. Rock star.
550
00:44:05.780 --> 00:44:08.040
You're too hard on yourself, man.
551
00:44:08.685 --> 00:44:10.865
Like, I I know how much
552
00:44:11.165 --> 00:44:16.865
you want to, like, get people to front run billionaires, but, like, you can't save everyone.
553
00:44:17.500 --> 00:44:20.880
No. I can save my people. I wanna save my people, rock star.
554
00:44:22.220 --> 00:44:25.680
Yeah. Yeah. Yeah. No. All of us all of us do,
555
00:44:26.045 --> 00:44:27.745
But I don't know how many we can save.
556
00:44:28.685 --> 00:44:36.339
Yes. Because, like, now I I feel the need, like, I need to talk, Matt, because it's it's stay humble, man. They just
557
00:44:36.880 --> 00:44:39.780
go back to yourself. Like, you you just can't
558
00:44:40.240 --> 00:44:47.525
explain it to all the people. Plus, it's easy for us, man. I mean, we we've had conviction for, what, like,
559
00:44:47.905 --> 00:44:52.245
10 years it will be. It's it it's really easy, but you're underestimating, like, the
560
00:44:52.990 --> 00:44:56.670
estimating, like, the the bleep of fate it takes because,
561
00:44:58.270 --> 00:45:00.210
what you're saying, stacking sets,
562
00:45:00.535 --> 00:45:08.875
that's a great gateway into it, because when people, like, they start looking, get the price, and this and that. But you you also forget
563
00:45:09.240 --> 00:45:18.780
it's not like conviction is not easy. I mean, correct me if I'm wrong, but there was a podcast with you, Marty, and American Huddl,
564
00:45:19.595 --> 00:45:20.494
that legendary
565
00:45:20.795 --> 00:45:21.295
podcast,
566
00:45:21.595 --> 00:45:29.490
and you have Marty going, like, what if we're advertising this Bitcoin to people and, like, it it goes to 0.
567
00:45:30.190 --> 00:45:31.970
So even somebody like Marty
568
00:45:32.270 --> 00:45:33.010
has doubts.
569
00:45:33.550 --> 00:45:38.955
And then I DM ed Marty and said, Marty, don't worry. Uncle Rockstar has you covered. Bernardo.
570
00:45:41.095 --> 00:45:43.435
And he was like, okay, man. Let's go.
571
00:45:44.295 --> 00:45:53.760
And what was the price during that episode? It was, like, 9 k or something. It was, yeah, it was, like, 5 k or something, like, 6 k. It was yeah. The Imagine if you could buy a 9 k again.
572
00:45:54.635 --> 00:45:55.375
Yeah. I'm
573
00:45:55.675 --> 00:45:56.175
going.
574
00:45:56.955 --> 00:45:57.935
Do you remember,
575
00:45:58.235 --> 00:45:59.515
like, there was this,
576
00:45:59.915 --> 00:46:04.415
like, launch that I think it was American Huddl, MBK,
577
00:46:05.500 --> 00:46:06.640
me, and Huddl.
578
00:46:07.020 --> 00:46:11.200
Obviously, Huddl did, like, Bitcoin is never going under 10 k ever again.
579
00:46:12.974 --> 00:46:16.994
Prepare the lock like, 25 times or something. Yeah. Yeah. But but
580
00:46:17.295 --> 00:46:25.559
this time, like, I was in it because I am this whole Green Boy thing that you're projecting, it's not like I'm picking it up as
581
00:46:26.200 --> 00:46:28.460
and I was at 8 k. So,
582
00:46:29.425 --> 00:46:34.805
I think American HODL, like no. I did 6 k. I was like, we'll never see Bitcoin
583
00:46:35.185 --> 00:46:36.165
at 6 k.
584
00:46:37.240 --> 00:46:45.900
MBK did, no. American Huddl did we'll never see Bitcoin under 7 k. MBK was 8, and somebody was 9, and then
585
00:46:46.505 --> 00:46:47.325
it was, like,
586
00:46:48.185 --> 00:46:51.605
final boss at 10, and that was, like, the last time. So
587
00:46:52.984 --> 00:46:55.385
because it it takes a village, man, and,
588
00:46:56.339 --> 00:46:57.319
I just think
589
00:46:57.619 --> 00:47:01.079
you're you're doing great. Just, like, don't be so hard on yourself.
590
00:47:02.500 --> 00:47:07.435
I stack harder. Do what you can do. Like, don't worry about stuff you can do.
591
00:47:07.735 --> 00:47:17.410
So Yeah. Yeah. One thing yeah. I agree with what, Roxanne was saying. That conviction takes time to build. Right? It's not something which we which can come automatically to everyone.
592
00:47:17.790 --> 00:47:21.170
You know, I I can talk for myself. Right? I can say that,
593
00:47:21.944 --> 00:47:24.525
the conviction that I have now is definitely,
594
00:47:25.145 --> 00:47:34.570
more than the conviction that I had 2 years back. Right? Which means that I could got I could get more Bitcoin than I have right now, and that's the same for everyone. Everybody has,
595
00:47:35.670 --> 00:47:42.475
less Bitcoin when than what they can they could have had. Right? So and I don't have any Bitcoin. You guys have Bitcoin?
596
00:47:42.855 --> 00:47:43.355
Yeah.
597
00:47:44.615 --> 00:47:46.875
Yeah. I actually I sold all my Bitcoin,
598
00:47:47.520 --> 00:47:58.055
in in March in March panic sell at, like, 35100, and I've just been doing the podcast and pretending I didn't this whole time. There is this guy on the Internet, like, American Huddle. He he says he has, like, 615.
599
00:47:58.355 --> 00:48:00.695
He's, like, great. Yeah. 615 is the number.
600
00:48:01.234 --> 00:48:02.935
He acts like point 15.
601
00:48:03.555 --> 00:48:04.855
Yeah. He's doing alright.
602
00:48:05.400 --> 00:48:12.940
So, what was I gonna say? That that conviction thing is very interesting. Right? Because you get Yeah. I I I see a ton of times from,
603
00:48:14.464 --> 00:48:16.644
you know, like, my pre Bitcoin friends.
604
00:48:17.505 --> 00:48:24.270
They tell me that they're too late and that I got I got in early. Right? Yeah. And and at the same time,
605
00:48:25.690 --> 00:48:42.610
you know, I I'm still stacking. I stack every day. And, like, they think I'm early and they're late, but meanwhile, I'm stacking more than they're stacking right now. Exactly. You know, which is like a crazy concept. And and one thing I've noticed that does work actually pretty well, at least with your close friends, because you
606
00:48:42.910 --> 00:48:47.010
you know, there's there's OPSEC issues. You should never tell anyone how much Bitcoin you own,
607
00:48:48.065 --> 00:48:50.325
but I think there is some worth to telling
608
00:48:50.785 --> 00:48:55.684
your close friends how much you're stacking on a daily basis because that does kind of
609
00:48:56.010 --> 00:48:59.710
show them your level it it it puts a number on the on your level of conviction.
610
00:49:00.970 --> 00:49:02.109
No. No, man.
611
00:49:03.075 --> 00:49:16.910
No. You like, MBK had the best stands where people ask, should I buy Bitcoin? You say no. Maybe that's not for you. No. Fuck that shit, dude. I'm gonna I'm gonna be taking care of these people otherwise. No, man. Like, you can't this is the thing. Also, you have insider information.
612
00:49:17.369 --> 00:49:21.325
Get any of your friends. No. Get What insider information do I have?
613
00:49:22.425 --> 00:49:24.445
Well, you have connection with me,
614
00:49:24.745 --> 00:49:29.470
and you know how awesome I am, and then you were like, okay. This guy is in Bitcoin ecosystem.
615
00:49:29.850 --> 00:49:32.590
Of course. I literally I literally broadcast
616
00:49:33.130 --> 00:49:35.470
all my alpha publicly for free
617
00:49:35.775 --> 00:49:47.230
for the last, like Yes. 8 years I've been doing that. Okay? And it's still not priced in. That's that's how ridiculous this fucking thing is. There's bad takes on the daily. They're talking about NFTs on CNBC.
618
00:49:47.690 --> 00:49:48.170
Yeah.
619
00:49:48.490 --> 00:49:55.994
People are talking about, like, which shitcoin is gonna do this or which shitcoin is gonna do that or should I buy Tesla? Should I buy Chinese Tesla? Should I buy,
620
00:49:56.615 --> 00:49:58.315
you know, European Tesla?
621
00:49:58.615 --> 00:50:01.914
And and and they're trying like, trying to buy all these shitcoin stocks.
622
00:50:02.750 --> 00:50:05.569
And meanwhile, this whole time, I'm just just
623
00:50:05.869 --> 00:50:11.010
publicly broadcasting all my alpha, and they just don't even realize. Like, they they still have not realized.
624
00:50:11.745 --> 00:50:16.005
Yeah, man. That's that's how it is. But did did you know that Kanye and Kim are divorcing?
625
00:50:19.185 --> 00:50:20.405
So is this relevant?
626
00:50:21.380 --> 00:50:26.520
Well, no. But that's what I'm telling you, man. It's just you are overwhelmed,
627
00:50:26.980 --> 00:50:38.155
man. People talk about that. They care about that, but they're they're they're not paying attention to the greatest financial opportunity of their lifetime. Is that what you're saying? Yes. That's exactly and and and, like, you need everyone
628
00:50:38.839 --> 00:50:41.339
needs to understand that I'm telling you, like,
629
00:50:41.880 --> 00:50:48.085
it's insider. You're, like, insider information, man. Like, it takes time to read about, you know, the history of Cypherpunks
630
00:50:48.385 --> 00:50:51.605
and understand that, you know, 30 years ago, some people
631
00:50:51.985 --> 00:51:01.710
were already seeing what information will do to people, how it will drive them mad, how you will have ability to because information will be generated like 100 x,
632
00:51:02.010 --> 00:51:06.015
you you will be able to point information in direction of certain group
633
00:51:06.795 --> 00:51:08.575
and make them go, like, insane,
634
00:51:08.954 --> 00:51:13.375
which is what's happening daily with all these people that you're, like, hooked up to.
635
00:51:13.680 --> 00:51:22.980
Twitter feeds, Facebook feeds. There's just so much noise. Right? They're, like, gonna say so I actually, this was something I already had, like, on my scratch pad over here,
636
00:51:23.964 --> 00:51:26.285
about things I wanted to talk about. It's just, like, in these
637
00:51:27.005 --> 00:51:31.265
well, I was gonna say I mean, you're right. Like, it's just a society thing. Like, I have
638
00:51:31.710 --> 00:51:35.170
I have on on Twitter right now, I have this guy, Jared Dillian,
639
00:51:35.630 --> 00:51:38.405
at daily dirt nap. He was on Tales from the Crypt. I like him.
640
00:51:38.965 --> 00:51:39.945
He bought Bitcoin,
641
00:51:40.645 --> 00:51:43.225
then he sold Bitcoin, and he did his you know,
642
00:51:43.685 --> 00:52:04.370
the worst thing you could ever do, right, which is send out the tweet, like, I sold all my Bitcoin. But you're just, like first of all, you're just you're just asking to get just trolled for the rest of your life until you publicly buy back in. And then second of all, like, it's obviously gonna pump in your face when you do that. And he tweeted out just now, I hope everyone realizes this was a bear market rally. And he's not even talking about Bitcoin. He's talking about, like, tech stocks and shit.
643
00:52:05.490 --> 00:52:14.585
But he's just on such a different level that, like, why does that even tweet even fucking matter? Like, why why is why is that a thought that even fucking matter? First of all, there's,
644
00:52:15.285 --> 00:52:17.945
like, there's no such thing as a bear market in a hyperinflationary
645
00:52:18.405 --> 00:52:30.275
environment when they're just gonna print money and and make sure bear markets don't exist. So he's, like, completely out of place on that. I mean, stocks are designed to pump forever as well. Oh, and stocks aren't designed to pump forever, but they will pump until the hyperinflationary
646
00:52:30.735 --> 00:52:31.555
event ends.
647
00:52:32.815 --> 00:52:36.720
But, like, he's just on completely cloud 9. Like, he's not even concentrating on what matters.
648
00:52:37.359 --> 00:52:42.580
No. Jared, someone in the comments asked if he's a comedian. He's not a comedian. He talks about important things.
649
00:52:43.760 --> 00:52:45.775
Yeah. But that's Daily dirt and app.
650
00:52:46.734 --> 00:52:47.714
That's the
651
00:52:48.015 --> 00:52:51.234
the luxury that fiat economy gives you because
652
00:52:51.535 --> 00:52:54.914
you can be so much wrong and still be so well off.
653
00:52:56.190 --> 00:53:02.850
And, yep, it's what what I'm telling you, man, like, you you're too hard on yourself. Like, I now realize
654
00:53:03.345 --> 00:53:03.845
It's
655
00:53:04.305 --> 00:53:05.045
just, again,
656
00:53:05.505 --> 00:53:12.565
repeating the main, like, lesson, which is, like, you can only wish for people as much as they wish for for themselves.
657
00:53:13.069 --> 00:53:13.390
And,
658
00:53:14.750 --> 00:53:17.170
anybody watching this and we're not persuasive,
659
00:53:17.470 --> 00:53:20.049
come to Miami Bitcoin conference, and
660
00:53:20.575 --> 00:53:24.994
only then you can buy Bitcoin. Like, that's one extra hoop, so we'll we'll invent more.
661
00:53:25.855 --> 00:53:30.060
So, I mean, I wanted to talk about noise, and then we'll talk about the conference.
662
00:53:30.839 --> 00:53:33.420
So during during the bull market, there's so much noise.
663
00:53:33.720 --> 00:53:37.165
There's so much noise. The signal gets hidden. All the charlatans come out.
664
00:53:37.565 --> 00:53:41.345
Everyone on Twitter is just going for, like, the lowest hanging engagement fruit.
665
00:53:42.525 --> 00:53:44.145
It is super exhausting,
666
00:53:45.410 --> 00:53:51.030
and I just want the freaks to realize, like, just have fun with it. Like, just don't let it get to you too much.
667
00:53:52.849 --> 00:53:53.750
Stay focused,
668
00:53:54.174 --> 00:53:57.535
you know, that sats matter more than engagement, and don't,
669
00:53:59.295 --> 00:54:00.835
I don't know. Just don't don't
670
00:54:01.190 --> 00:54:03.850
don't, like, sell out your soul from some little,
671
00:54:04.630 --> 00:54:09.030
you know, little engagement gains, just getting the the likes or or, like
672
00:54:09.625 --> 00:54:18.045
you know, the NFTs are, like, a perfect example. It's like anyone who just doesn't care about their audience can just squeeze them dry for as as much money as possible.
673
00:54:20.250 --> 00:54:24.510
And and and there's a there's a big push in bull markets to be like,
674
00:54:24.810 --> 00:54:26.190
we're all in this together.
675
00:54:26.935 --> 00:54:29.515
Why are you attacking us? We're all doing well.
676
00:54:29.895 --> 00:54:34.475
Like, just jog off. Just be like, why are you so pessimist?
677
00:54:34.775 --> 00:54:37.359
Why why aren't you just chill or whatever?
678
00:54:38.380 --> 00:54:39.760
And it's just exhausting.
679
00:54:41.339 --> 00:54:41.839
Yeah.
680
00:54:42.380 --> 00:54:45.760
I gotta work. My productivity has taken a dip,
681
00:54:46.085 --> 00:54:48.904
significant dip as the market started bump pumping.
682
00:54:49.525 --> 00:54:50.265
I cannot
683
00:54:51.285 --> 00:54:52.984
I find it so hard to focus
684
00:54:53.285 --> 00:54:54.505
with all this noise.
685
00:54:56.330 --> 00:54:56.910
I I
686
00:54:57.850 --> 00:55:05.455
I find it hard to focus on this stream because I'm not in the center, but price is in the center. Like, what is this, man? Come on. I'm like,
687
00:55:06.075 --> 00:55:07.615
there we go. Okay.
688
00:55:08.315 --> 00:55:08.815
Percent.
689
00:55:09.835 --> 00:55:11.115
Take them. There
690
00:55:11.835 --> 00:55:12.630
you have.
691
00:55:13.109 --> 00:55:15.529
No. No one wants to see you up there. There we go.
692
00:55:16.230 --> 00:55:20.650
See? And and he's like, okay. Why is everybody caring so much about price?
693
00:55:21.435 --> 00:55:25.135
No. No. No. No. No. Wait. First of all, price I'm not saying that price
694
00:55:25.595 --> 00:55:28.015
doesn't matter. Like, price is the most important
695
00:55:28.315 --> 00:55:28.815
metric.
696
00:55:29.150 --> 00:55:32.049
No. It is it is literally the most important
697
00:55:32.349 --> 00:55:34.530
metric. It it is the free market
698
00:55:35.230 --> 00:55:36.609
telling us the current
699
00:55:37.145 --> 00:55:48.130
valuation of Bitcoin. No. It it is it is it is the the the the number one most important metric we have in Bitcoin. No. But I I just don't think that people I think people need to be aware that in bull markets,
700
00:55:48.910 --> 00:55:51.730
the charlatans come out, the scammers come out.
701
00:55:53.695 --> 00:56:02.675
You know, the the growth marketers and the growth hackers and shit come out. Yeah. And it's just exhausting, and and a lot of people feel like they need to keep up with the Joneses,
702
00:56:03.240 --> 00:56:06.140
you know, in that respect. And so, like, a lot of people
703
00:56:07.400 --> 00:56:09.740
who you might otherwise have respect for,
704
00:56:10.280 --> 00:56:17.965
fall down that hole, and it's important, you know, not not to be one of those people, I think, long term. I think I think this is something that that you should just,
705
00:56:18.345 --> 00:56:19.565
you know, be aware of.
706
00:56:20.240 --> 00:56:28.500
Why why are you taking this so hard, man, that you, like, farmed the land and grew the crops, and then now somebody else is reaping the harvest?
707
00:56:29.255 --> 00:56:30.635
There will always be,
708
00:56:30.935 --> 00:56:34.555
like, these people. So you you must not become discouraged.
709
00:56:34.935 --> 00:56:39.470
Like, they're just it's a professional like any other, you know, like, signaling expertise,
710
00:56:41.450 --> 00:56:45.470
and since it's the way that things are, like, the important thing is just to not
711
00:56:46.154 --> 00:56:47.934
let that corrupt you.
712
00:56:48.954 --> 00:56:58.859
Like, it's a failure. It's but it's not even a failure, man. It's just how things are, and there is a space for all of us. Like, then those people don't get exactly.
713
00:56:59.799 --> 00:57:01.420
They they don't get to to
714
00:57:02.345 --> 00:57:10.845
enjoy the things that you're enjoying, and, yeah, they can they can have their, like, Twitter likes and a little bit of fiat cash, but
715
00:57:11.190 --> 00:57:11.930
they don't
716
00:57:13.110 --> 00:57:16.330
get the enjoyment of hard work that you were doing, and
717
00:57:16.950 --> 00:57:22.555
you know how things are. So You know, they won't they won't let me fucking Twitter won't let me,
718
00:57:24.055 --> 00:57:25.515
I can't report impersonators
719
00:57:25.815 --> 00:57:27.275
unless I upload KYC
720
00:57:27.750 --> 00:57:28.890
and blue check myself?
721
00:57:29.430 --> 00:57:29.930
Yes.
722
00:57:30.309 --> 00:57:30.809
Really?
723
00:57:31.190 --> 00:57:38.984
I responded I I, like, I've I've just been getting increasingly angry with my support replies to Twitter, and the the the most recent one
724
00:57:39.285 --> 00:57:40.744
was I was, like, honestly,
725
00:57:41.605 --> 00:57:47.410
the blue checks can go fuck themselves. I don't care if my audience gets scammed. That's, like, my most recent email to them.
726
00:57:47.710 --> 00:57:57.475
Yeah. So let's let's tweet to our man, Jack Dorsey, you and me, because he follows you and me. I don't know if he follows us, Suhab. And we're like, come on. I'm a pleb.
727
00:57:58.415 --> 00:58:00.995
We're no plebs here, Suhab, except for Rockstar.
728
00:58:01.695 --> 00:58:02.195
Yeah.
729
00:58:04.090 --> 00:58:10.030
That that's the thing. Now you will take my pleb batch, everyone, but, it's like No. You're a true pleb.
730
00:58:10.330 --> 00:58:12.190
Yeah. You can tell because you're bald.
731
00:58:13.905 --> 00:58:16.405
Well, man, I gave it all for Bitcoin including.
732
00:58:20.840 --> 00:58:26.140
Okay. So let's talk about Bitcoin Miami. You guys are both coming to Bitcoin Miami in June, June 4th through 5th?
733
00:58:26.599 --> 00:58:27.099
Probably.
734
00:58:27.720 --> 00:58:30.685
Probably. Yeah. So I've been working with them,
735
00:58:33.225 --> 00:58:35.085
and I do have a
736
00:58:35.465 --> 00:58:37.965
they rug pulled my my my
737
00:58:38.760 --> 00:58:50.125
my promo code. I don't make any money from the promo code. I was getting 21% off to anyone who used it. Now they've moved it down to 15%. It's still the best, promo code. So it's it's all caps, humble.
738
00:58:50.665 --> 00:58:54.365
So if you are gonna come use that code, that's b dot
739
00:58:54.910 --> 00:58:58.210
t c slash conference. They have, like, a great fucking domain name.
740
00:58:58.670 --> 00:59:05.165
But besides that, the the big thing that I'm I'm championing over there, and I just got the green light from the c CEO,
741
00:59:05.465 --> 00:59:06.365
David Bailey,
742
00:59:07.145 --> 00:59:07.645
is
743
00:59:08.505 --> 00:59:14.180
we're gonna have a whole open source workshop section, and it's gonna be devoted all to open source software.
744
00:59:15.760 --> 00:59:16.579
No charge,
745
00:59:16.880 --> 00:59:19.380
but, like, they have to be on, like, the MAT approved list.
746
00:59:20.444 --> 00:59:22.785
And I would really love if if RTL
747
00:59:23.405 --> 00:59:26.305
and BTC pay server was there. So I figured
748
00:59:26.660 --> 00:59:31.240
I might as well have you both on the podcast and ask you on the spot live,
749
00:59:32.500 --> 00:59:35.395
if if your projects would be interested in joining us.
750
00:59:37.235 --> 00:59:37.735
Maybe.
751
00:59:39.875 --> 00:59:41.095
What the fuck, man?
752
00:59:41.795 --> 00:59:43.895
It's like, you're lucky from me.
753
00:59:45.740 --> 00:59:49.520
Well, we're gonna have both RTL and BTC pay server down there. Yeah.
754
00:59:49.900 --> 00:59:52.960
There we go. It's, like, all behind the leader, Matt.
755
00:59:53.340 --> 00:59:54.685
Yes. Of course.
756
00:59:55.065 --> 00:59:57.645
And and, like, the price is gonna be like it's gonna be like $200,000
757
00:59:58.425 --> 00:59:58.925
Bitcoin.
758
00:59:59.705 --> 01:00:03.660
We're gonna have, like, 10,000 Bitcoiners. We're gonna have, like, congressmen,
759
01:00:03.960 --> 01:00:04.460
billionaires,
760
01:00:05.880 --> 01:00:06.380
plebs,
761
01:00:07.000 --> 01:00:07.500
$200,000
762
01:00:08.119 --> 01:00:08.619
Bitcoin,
763
01:00:09.480 --> 01:00:13.255
open source workshops, build your own node, accept payments,
764
01:00:14.515 --> 01:00:17.974
fucking do coin joins in person. Like, it's gonna be a fucking blast.
765
01:00:18.290 --> 01:00:19.830
You you wanna make a bet?
766
01:00:21.170 --> 01:00:27.510
What? Like, it won't be 200 k by Yeah. I make that bet every day when I stack. I'll make that bet.
767
01:00:28.335 --> 01:00:35.900
What do you what do you what do you you wanna say under man, like, man, you're you're so awesome that you're, Bitcoin will be, like, 130,
768
01:00:36.200 --> 01:00:38.700
and you'll come to Miami, like, oh, no. It's not.
769
01:00:40.920 --> 01:00:44.915
Well, look look, Rockstar. I think if it's, like, if the price is, like, a humble 140,
770
01:00:45.615 --> 01:00:48.995
like, I think people would be fine with that too. Like, we'd still have a good party.
771
01:00:49.855 --> 01:00:54.530
No. They would come to you and be, like, man, why is it not 200 k you promised
772
01:00:55.150 --> 01:00:59.730
me, but this other awesome Bitcoiner, Dan Held, he said it it won't.
773
01:01:00.095 --> 01:01:01.475
He's right. You're wrong.
774
01:01:01.935 --> 01:01:06.595
Dan Held's saying that there's gonna be a super cycle and that there'll you know, this is the last cycle.
775
01:01:07.455 --> 01:01:07.955
Well,
776
01:01:08.380 --> 01:01:10.480
who has more followers, you or Dan?
777
01:01:11.260 --> 01:01:14.720
Followers don't I I I'm not in for the followers. I'm in for the stats.
778
01:01:15.475 --> 01:01:15.975
Because
779
01:01:16.275 --> 01:01:22.135
that that will be another my my point is because Dan has all the bots and everything else,
780
01:01:24.380 --> 01:01:24.880
because,
781
01:01:26.140 --> 01:01:26.720
of Dell.
782
01:01:27.020 --> 01:01:27.680
It's just
783
01:01:28.300 --> 01:01:29.520
yeah. Yeah. It's illustration
784
01:01:29.820 --> 01:01:36.905
how unfair the world is, but that's exactly where you and me, Matt, operate. We operate in that, like, environment where
785
01:01:37.445 --> 01:01:41.680
you fix the wrong and, you know, you you make a better system.
786
01:01:42.140 --> 01:01:49.565
And you just need to stay focused inward rather than outwards because and stay humble. So
787
01:01:50.105 --> 01:02:00.500
I'll I'll just keep talking on this podcast because all I'm hearing from you, you've been too hard on yourself, man. Like, you're you're doing phenomenal, and you're like, no. It's not 200 k. It's only 1:30.
788
01:02:01.280 --> 01:02:06.885
We need to support you more, Matt. Freaks, please support Matt more. He needs it. He needs our support.
789
01:02:08.305 --> 01:02:09.525
You know, I I I
790
01:02:11.185 --> 01:02:17.460
you know, some days I wake up in the morning, I'm like, I I haven't done enough, and then other days I wake up in the morning and I just I
791
01:02:17.920 --> 01:02:24.065
or I wake up in the morning, I'm just like, I'm a failure. And then other days I wake up in the morning and I just have to remind myself to stay humble.
792
01:02:25.244 --> 01:02:32.849
Like, I literally like, that's a it's a meme now, but I I, like, look in the mirror in the morning. I'm, like, I stay humble, man. I actually say it out loud like a fucking crazy person.
793
01:02:34.750 --> 01:02:35.410
I don't
794
01:02:35.869 --> 01:02:42.275
know if that's healthy or not. It's probably I think it's probably a little bit healthier than not healthy in terms of a bull market.
795
01:02:43.375 --> 01:02:51.230
Get the information out out of you, especially when you're, like, conduit to Bitcoin because we're all kinda serving Bitcoin. So
796
01:02:51.850 --> 01:03:00.345
sometimes it's just too much information, and you need to get out. But, anyway, I want both of you in in Miami for for fucking Bitcoin 2021.
797
01:03:00.805 --> 01:03:02.745
It's gonna be fucking ridiculous.
798
01:03:03.445 --> 01:03:05.305
Even if we're at, like, a humble 110,
799
01:03:06.760 --> 01:03:15.495
I think it'll be ridiculous, but I really do not think we're are are we gonna bet on it, by the way? Are you gonna go bearish Bitcoin? What what are you? You're gonna say under 200 k by conference day?
800
01:03:16.455 --> 01:03:20.155
With you? Yes. Yes. But I What are we betting? Sorry.
801
01:03:20.615 --> 01:03:22.715
Do you wanna bet Bitcoin or Fiat?
802
01:03:23.020 --> 01:03:23.520
The
803
01:03:24.780 --> 01:03:25.280
drinks.
804
01:03:25.740 --> 01:03:26.720
The yeah.
805
01:03:27.500 --> 01:03:33.005
The the the trick is if I bet Bitcoin, it's in my favor because if the price is lower, then then the amount I give you is less.
806
01:03:33.644 --> 01:03:39.265
Yeah. So that was good. I'll bet you drinks, but you have to show up. You have to buy me drinks even if you don't show up, I guess.
807
01:03:39.724 --> 01:03:40.865
Well, that's why
808
01:03:41.550 --> 01:03:47.490
I will buy this great thing, Bitcoin, and if I don't show up, I just put you on a webcam and then I send
809
01:03:47.790 --> 01:03:50.325
Bitcoin like you'll be a Paula feet. Or
810
01:03:51.665 --> 01:03:56.885
So what's your bet? What's your bet? You're saying you're saying under a 150 or under 200 k?
811
01:03:57.359 --> 01:04:09.875
Well, you said 200 k, man. Like, I don't I don't I know. Well, yeah, I'm putting my balls on the table. If you just wanna take if you wanna take my top line offer and use that as the bet, then by all means, we can do that, but that's that's that's on you. Man, I I could
812
01:04:10.175 --> 01:04:15.635
like, why do you want Bitcoin to be under 100 k? Like, I can do 100 k, but
813
01:04:15.950 --> 01:04:28.735
it's not gonna be under you think it's gonna be under a 100 k in June? There's no way it's under a 100 k in June. And then there we go. Now you're like, okay. Maybe I Like, if we wanna play some inside baseball with the freaks that are listening right now because they're my people,
814
01:04:30.955 --> 01:04:37.780
you know, 200 k is a little bit ambitious probably, you know, but you gotta go top line. You gotta go top line on these kind of things.
815
01:04:38.560 --> 01:04:43.215
And so I so I did go top line. But I I'm I'm happy I'm happy to bet 200
816
01:04:43.675 --> 01:04:44.895
k conference day.
817
01:04:48.075 --> 01:04:51.215
The the other person the other person has to buy 5 drinks.
818
01:04:52.280 --> 01:04:53.980
Sure. Make sense. 10.
819
01:04:55.640 --> 01:05:01.245
10 drinks. K. But what kind of drinks are we like, is there a you know, am I.
820
01:05:01.805 --> 01:05:04.605
Can a bottle be a drink? Like, what is like, how do we
821
01:05:06.045 --> 01:05:09.745
Man, you you and me, like, we we don't go into details.
822
01:05:10.045 --> 01:05:13.170
We we know, like, both is good. So
823
01:05:13.790 --> 01:05:17.090
so 10 drinks. 10 drinks, 200 k. Boom.
824
01:05:17.790 --> 01:05:20.930
There we go. Everyone is a witness. So,
825
01:05:21.855 --> 01:05:23.875
who yeah. This is perfect.
826
01:05:24.655 --> 01:05:27.155
Ten bottles of mezcal, young work, in the comments.
827
01:05:29.670 --> 01:05:39.905
Listen. It's too bad to me. I accept it. The funny like like like, Rockstar has the better end of this deal here because if it's over 200 k, you can easily afford the 10 drinks.
828
01:05:40.285 --> 01:05:44.545
Man, I I don't have Bitcoin. Like, what's what's up with you? Yeah.
829
01:05:45.770 --> 01:05:47.470
Like, I'm a developer.
830
01:05:47.850 --> 01:05:51.070
I'm working on strike. I'm, like, taking my, you know,
831
01:05:51.930 --> 01:05:53.230
salary in dollars,
832
01:05:53.530 --> 01:05:55.685
then, you know, I buy McDonald's
833
01:05:56.145 --> 01:05:56.645
because
834
01:05:57.425 --> 01:05:59.925
I don't earn much, but I'm happy,
835
01:06:00.625 --> 01:06:22.500
and that's it. This is my favorite part about club culture is we have Chips Ahoy in the Twitch comments right now, and he's saying that 200 k is bearish as fuck. It's like, it doesn't matter what you say on Twitter. There's always, like, 3 or 4 guys who respond that are like, you fucking bear. You, like, piece of shit. You're, like, you're, like, we're gonna have sad send parody within a year, and they respond, you fucking bear.
836
01:06:23.605 --> 01:06:34.230
Are are you sure you won't be at that conference? Because now it's definitely cancel Rockstar at the conference. Yeah. We can have a full you know, I'm telling you, I'm helping them put it together. We can have a full
837
01:06:34.690 --> 01:06:38.115
cancel Rockstar side event. You know, maybe we can do a dunk tank.
838
01:06:38.515 --> 01:06:43.095
What what if if what about this Rockstar? If the price is over 200 k for the conference,
839
01:06:43.555 --> 01:06:46.695
would you be willing to to sit in a dunk tank,
840
01:06:47.210 --> 01:06:47.710
in
841
01:06:48.170 --> 01:06:49.230
the in the conference
842
01:06:49.850 --> 01:06:57.775
in the outside area of the conference and and get dunked by random freaks? I guess we could have it, like, lightning enabled just to keep it on on on brand. Well,
843
01:06:58.714 --> 01:07:00.155
if they can set me up,
844
01:07:00.714 --> 01:07:02.815
with this video stream and stuff,
845
01:07:03.434 --> 01:07:03.934
no.
846
01:07:04.395 --> 01:07:05.660
Did all all,
847
01:07:06.140 --> 01:07:12.640
that's the thing on conferences. Like, I likely won't be speaking at any conference. Like, all rock star events are after midnight.
848
01:07:13.345 --> 01:07:13.845
So,
849
01:07:14.785 --> 01:07:24.490
whatever you can organize with Bitcoin conference is, like, after midnight with rock star team. Because in Berlin, we we had this, like, running around the block.
850
01:07:24.869 --> 01:07:35.204
And there was Gigi. Gigi was also running with me, and he was like, okay. Now I hate big big blocks even more because it's such a it's, like, such a big block to run around,
851
01:07:36.600 --> 01:07:36.840
and,
852
01:07:37.720 --> 01:07:39.820
stuff like that. I mean, we were wasted,
853
01:07:40.760 --> 01:07:41.900
completely. So
854
01:07:42.520 --> 01:07:44.135
event like that, yes, definitely.
855
01:07:47.495 --> 01:07:47.995
Yeah.
856
01:07:49.735 --> 01:07:55.609
Oh, wow. That guy the daily dirt nap just blocked me. We were mutual followers. He blocked me for saying nah.
857
01:07:56.550 --> 01:08:04.765
And he didn't even he didn't even hear the harsh shit I said on the podcast. He probably wasn't listening to live stream. He had no idea what's going on. He just didn't like my lowercase nah.
858
01:08:05.385 --> 01:08:10.150
Like, see, that's what I'm talking about. Those people can have fun staying poor. I'm fine with that. But,
859
01:08:10.849 --> 01:08:15.589
it's the other people. It's the it's it's the people that I I I don't know. Just
860
01:08:17.165 --> 01:08:21.185
I can't believe it just blocked me over that. That's fucking crazy. I gotta stop paying attention to Twitter.
861
01:08:21.725 --> 01:08:26.560
So let's let's so we have you we have you lined up for an after dark dunk tank. Is that what I hear?
862
01:08:27.120 --> 01:08:31.300
No. No. Now I'm I'm no. I'm now I'm insulted because
863
01:08:31.760 --> 01:08:47.560
me, fellow Bitcoin, are here, like, on your podcast pumping the audience, being like, okay. This is a great inside story with their Gigi. And you're, like, overwhelmed with information, caring if some, like, random guy blocked. Well, the only reason I'm looking at Twitter is because you're fucking tweeting. So
864
01:08:47.960 --> 01:08:53.435
Well, I'm a rock star, man. Okay. Like, let let's do like, we're doing a deal already. Like, you and me, we have,
865
01:08:53.915 --> 01:08:55.215
the, like,
866
01:08:55.915 --> 01:09:08.050
trip setup where I you will help me become a dream boy and change the future, and I'll I'll show you how to be a rock star. I can't believe you blocked me. That was just okay. Whatever. It doesn't matter.
867
01:09:09.045 --> 01:09:11.465
We we can't we can't focus on the Bitcoin deniers.
868
01:09:12.085 --> 01:09:18.310
So I I'm excited for both of you to be in Miami. I'm looking forward to it. It'll be good. I'm excited to see all the freaks down there.
869
01:09:19.430 --> 01:09:23.690
It'll be a good party. Bitblock Boom already got sold out in August, which is crazy.
870
01:09:26.375 --> 01:09:33.435
I told people, but no Good to see. You know what happened? It was all the people that missed. All the people that were there with me in 2020
871
01:09:34.080 --> 01:09:36.500
all bought right away, and then the people
872
01:09:37.119 --> 01:09:38.099
who who
873
01:09:38.400 --> 01:09:41.860
were too scared to come because of the pandemic, they all FOMO bought.
874
01:09:42.835 --> 01:09:47.735
So so it just resulted in the whole conference just getting sold out super fucking quickly,
875
01:09:49.075 --> 01:09:51.255
because that that that was, like and
876
01:09:51.630 --> 01:09:54.210
that's that was an event that'll never be replicated
877
01:09:54.750 --> 01:09:58.210
because we had a fucking 200 person conference in the middle of a pandemic.
878
01:09:59.844 --> 01:10:05.145
And I I mean, I hope it can never be replicated. Like, I I prefer if we don't have a whole worldwide lockdown
879
01:10:05.500 --> 01:10:06.640
where we have to test,
880
01:10:07.180 --> 01:10:09.440
who will who will come to the Bitcoin conference.
881
01:10:10.300 --> 01:10:13.120
So I I I think as far as I'm concerned,
882
01:10:13.755 --> 01:10:21.775
and and John Valles and Michael Sailor won't be happy about it, but I I think that was really the 100 k party. I think that'll never be replaced as a 100 k party.
883
01:10:22.750 --> 01:10:29.215
But that's just between me and and all the guys that were down there at Bitbuckle, and the ladies. We had a lot of ladies for a Bitcoin event.
884
01:10:30.415 --> 01:10:33.074
We had, like, a massive 7 or 8% ladies,
885
01:10:33.775 --> 01:10:38.594
so that was good that was good to see. He's leaving us out. Did did you go, Suheb?
886
01:10:40.070 --> 01:10:46.409
I did not. No. Is it down with Matt O'Dell? Never replicated. No. No. I'm I'm trying to yeah.
887
01:10:46.845 --> 01:10:51.185
To be clear to the freaks listening, I'm dunking on both of my guests right now. Yes. Yeah.
888
01:10:51.485 --> 01:10:58.290
Yes. This this show is about having my friends on so I can dunk on you guys. Like, I don't have, like, strangers on the show. Yes.
889
01:10:59.550 --> 01:11:02.530
That that's the whole point. Like, what why are we here? Like,
890
01:11:02.885 --> 01:11:05.864
we're just having a fun time. It's a Bitcoin Tuesday with the freaks.
891
01:11:08.164 --> 01:11:12.425
We're just we're all we're all getting blocked by random Twitter accounts together. Like, this is what it's about.
892
01:11:13.070 --> 01:11:14.690
Podcast app on Graphene,
893
01:11:15.469 --> 01:11:15.969
antennapod
894
01:11:16.349 --> 01:11:19.809
in F droid is great. John Devine asked in the comments.
895
01:11:21.205 --> 01:11:26.105
So I wanted to pivot a little bit here, Rockstar. You're big in
896
01:11:27.045 --> 01:11:27.925
you you you
897
01:11:28.520 --> 01:11:35.180
you've been mainly focused on on 2 different projects. 1 is lnstryke, and 1 is btc pay server.
898
01:11:35.560 --> 01:11:37.740
Both are have a heavy lightning focus.
899
01:11:39.185 --> 01:11:41.125
Ellen Strike is a
900
01:11:42.785 --> 01:11:45.845
well, I guess before we even start before we even start this,
901
01:11:46.370 --> 01:11:48.550
how would you explain lightning rock star?
902
01:11:54.645 --> 01:11:55.545
Yeah. I mean,
903
01:11:56.405 --> 01:12:00.025
I would somehow play with the concept of settlement, like
904
01:12:00.405 --> 01:12:00.905
instant
905
01:12:01.500 --> 01:12:02.000
physical
906
01:12:02.619 --> 01:12:03.360
settlement, physical
907
01:12:04.219 --> 01:12:06.880
play, emphasize what's actually happening is that
908
01:12:08.460 --> 01:12:09.519
party and counterparty,
909
01:12:09.980 --> 01:12:10.480
they're,
910
01:12:10.825 --> 01:12:16.285
like, literally settling at that moment, which you don't even have on Bitcoin,
911
01:12:17.145 --> 01:12:18.500
you know, on chain.
912
01:12:18.980 --> 01:12:26.840
You're, like, working on this ship for, like, 6 hours a day, and you don't even have a good concise description of it. Man. Because I code. I don't go on.
913
01:12:27.395 --> 01:12:31.415
Okay. Suheb Suheb, what is lightning for the freaks that don't know what lightning is?
914
01:12:31.795 --> 01:12:33.015
Lightning may not.
915
01:12:33.555 --> 01:12:36.969
Yeah. The simplest form is a think of it as a bar tab system,
916
01:12:37.989 --> 01:12:39.750
right, which allows you to make,
917
01:12:40.150 --> 01:12:40.650
payments,
918
01:12:41.510 --> 01:12:42.010
quickly,
919
01:12:42.389 --> 01:12:43.449
and then settle,
920
01:12:45.245 --> 01:12:45.405
you know,
921
01:12:46.125 --> 01:12:47.264
all of them together,
922
01:12:47.645 --> 01:12:52.705
in form of a channel open or channel channel close. Right? So it's think of it as a bar tab
923
01:12:53.179 --> 01:12:54.560
for making fast payments.
924
01:12:56.380 --> 01:12:59.600
A bar tab like real money instead of shitty money. Yep.
925
01:13:00.619 --> 01:13:04.295
That's yeah. I I that that's pretty good. I mean, I it's
926
01:13:05.155 --> 01:13:07.815
it's it's a way for you to sell send
927
01:13:08.595 --> 01:13:09.095
smaller,
928
01:13:09.555 --> 01:13:10.535
lower cost,
929
01:13:11.370 --> 01:13:12.910
higher speed payments,
930
01:13:15.770 --> 01:13:19.150
than if you were using just a regular Bitcoin on chain.
931
01:13:19.450 --> 01:13:19.950
Yep.
932
01:13:21.085 --> 01:13:25.105
That was a horrible description too. I mean, we both beat rock star as as our description.
933
01:13:25.805 --> 01:13:26.865
I have excuse.
934
01:13:28.480 --> 01:13:29.700
Angeles, Suheb,
935
01:13:30.080 --> 01:13:33.860
you're a winner. You win this one. Light lightning lightning
936
01:13:34.240 --> 01:13:37.620
is a way to send Bitcoin faster and cheaper
937
01:13:38.225 --> 01:13:41.685
than you would otherwise, and it has certain trust trade offs
938
01:13:42.225 --> 01:13:43.445
that are acceptable
939
01:13:44.065 --> 01:13:50.220
because we just try and minimize them as much as possible, and you have the fee and time savings. How's that? That's pretty good.
940
01:13:52.395 --> 01:13:58.094
Yeah. No. It's kinda fall That's okay. That's not club friendly, though. That's not club friendly?
941
01:13:59.275 --> 01:14:07.650
Club club friendly. Club friendly. Friendly bar tab. If you're a new pleb and you don't know what Lightning is, that'll probably be the only way to use Bitcoin.
942
01:14:08.510 --> 01:14:09.010
Yeah.
943
01:14:09.415 --> 01:14:13.115
And you won't even realize. Right? Is that that's really the
944
01:14:13.655 --> 01:14:17.275
Well That's exactly what it is. Every wallet is going to be lightning wallet.
945
01:14:18.260 --> 01:14:19.000
Yeah. That's
946
01:14:19.699 --> 01:14:27.000
that's where I come in with my view of the future when I say that, like, lightning will mostly be, like, enterprise
947
01:14:28.855 --> 01:14:30.155
level, like, hosted.
948
01:14:30.455 --> 01:14:30.955
And
949
01:14:31.815 --> 01:14:32.535
and you
950
01:14:33.415 --> 01:14:40.699
I don't know how much we agree on this, Matt, that, like, majority of of lightning nodes will be exchanges like Okcoin and Big entities.
951
01:14:41.079 --> 01:14:50.235
Well, I kind of agree with this, but I think it's bearish and that needs to be fought. And I do you just think it's inevitable and fine? Is that is that where we stand here? I am I'm thinking
952
01:14:50.775 --> 01:14:57.489
that it definitely needs to be fought the same way the privacy is fought for. So maybe you and me can create some kind of,
953
01:14:58.670 --> 01:14:59.170
cypherpunk,
954
01:15:00.270 --> 01:15:00.770
association
955
01:15:01.150 --> 01:15:09.175
that but we already have Allen Bay that they're doing good job it's like Oh, my god. I mean, you they're they're like the CIA or something. Like, all of their fucking servers are in Langley.
956
01:15:09.875 --> 01:15:13.015
Oh. Or they're in Virginia. So don't use l m Big.
957
01:15:13.320 --> 01:15:13.640
Just
958
01:15:14.680 --> 01:15:19.080
So, I mean, I have 2 I have 2 sovereign routing nodes. Right? 1 is controlled by
959
01:15:21.435 --> 01:15:26.095
one one is a public node and one is is is a node that isn't attributed to me,
960
01:15:26.715 --> 01:15:30.335
and they both are Tor only routing nodes. Right?
961
01:15:30.670 --> 01:15:32.530
And they're always gonna be at a disadvantage
962
01:15:32.989 --> 01:15:33.809
to ClearNet's
963
01:15:34.989 --> 01:15:35.809
highly connected,
964
01:15:36.349 --> 01:15:36.929
you know,
965
01:15:37.710 --> 01:15:39.010
enterprise nodes. Right?
966
01:15:40.865 --> 01:15:48.245
Yep. This is But they exist. They exist. And as long as we have those routing nodes, as long as we have Tor only routing nodes,
967
01:15:48.790 --> 01:15:54.330
a sovereign user can always connect their node to one of those nodes, and they'll have a hop
968
01:15:54.950 --> 01:15:55.850
that is
969
01:15:56.355 --> 01:16:00.935
onion only, that's Tor only before they go into enterprise network.
970
01:16:01.955 --> 01:16:05.975
For for me, this is exactly this is the next battle battlefield
971
01:16:06.980 --> 01:16:07.560
on which,
972
01:16:08.260 --> 01:16:14.255
yeah, we will need to to battle and It's gonna be bad. Yeah. No. But, Roxas, do you mean,
973
01:16:14.875 --> 01:16:16.095
like, routing nodes,
974
01:16:16.635 --> 01:16:17.295
will be,
975
01:16:18.795 --> 01:16:31.534
institutional driven? Is that what you meant? It'll be Yeah. The routing infrastructure will be operated by institutions not Yes. Well, it depends what your measurement is. Right? If you're talking if you're talking about sheer amount of Bitcoin capacity,
976
01:16:32.155 --> 01:16:34.094
it's obviously gonna be the KYC
977
01:16:35.594 --> 01:16:37.695
ed enterprise. So so so so
978
01:16:38.780 --> 01:16:41.840
this was what I wanted to unpack. Right? Because it's really cool because
979
01:16:42.219 --> 01:16:53.345
Rockstar isn't evolved his his the two main projects he has is he has a highly regulated financial services company, which is LN Strike, and then he has BTC Payserver. And BTC Payserver
980
01:16:54.045 --> 01:16:55.505
is an open source project,
981
01:16:56.910 --> 01:17:00.130
where they're not holding any funds custodial or anything.
982
01:17:00.830 --> 01:17:05.490
So so it's it's not regulated. It's it's code. It's code that anyone can run.
983
01:17:05.844 --> 01:17:11.784
And that is, like, our our our our best defense, and that's what RTL is too, which which Suheb works on.
984
01:17:12.165 --> 01:17:18.559
Ride the lightning is this idea that that if you have open source code, like, anyone could be running these routing nodes.
985
01:17:20.425 --> 01:17:32.710
Yep. And and and what what you see is a perfect example, I would say, is between BTCPay and BitPay is if you're a merchant and you're and you're processing payments and you're running BTCPay server,
986
01:17:33.250 --> 01:17:36.710
you could do whatever the hell you want. If you're running BitPay,
987
01:17:37.205 --> 01:17:39.225
which is centralized and custodial,
988
01:17:39.845 --> 01:17:44.265
like, you have to do KYC on your customers when they pay you because they got compelled
989
01:17:44.645 --> 01:17:46.185
and forced because they're centralized,
990
01:17:48.470 --> 01:17:49.450
project. Right?
991
01:17:50.150 --> 01:17:50.650
Yeah.
992
01:17:51.030 --> 01:17:52.250
Yeah. But my
993
01:17:52.710 --> 01:17:55.110
my take on routing's future is that,
994
01:17:55.510 --> 01:17:56.410
it will be,
995
01:17:57.005 --> 01:18:00.705
to a large extent, institutional or or people who will be
996
01:18:01.085 --> 01:18:01.585
running,
997
01:18:02.045 --> 01:18:06.065
routing infrastructure in a professional manner. Even if you're not big a big institution,
998
01:18:06.590 --> 01:18:09.010
you because there is a a level of,
999
01:18:09.869 --> 01:18:11.889
maintenance and operational excellence
1000
01:18:12.269 --> 01:18:15.409
required to be able to be an effective routing node operator.
1001
01:18:15.715 --> 01:18:21.415
So we can have all sorts of solutions in place which allow you to manage your node. But to be able to
1002
01:18:21.795 --> 01:18:26.590
run it at scale, continue to maintain it requires work. It's not a, trivial,
1003
01:18:27.130 --> 01:18:29.150
matter. Right? Requires,
1004
01:18:30.170 --> 01:18:31.470
uptime. It requires,
1005
01:18:31.930 --> 01:18:33.550
looking at your channel balances.
1006
01:18:35.205 --> 01:18:38.665
You know, it requires funding. Right? So all of that,
1007
01:18:39.284 --> 01:18:41.784
effort which is required will result in,
1008
01:18:42.310 --> 01:18:44.730
you know, at least some level of, professionalism,
1009
01:18:45.350 --> 01:18:46.810
being built into it.
1010
01:18:47.190 --> 01:18:48.890
And, institutions will definitely
1011
01:18:49.430 --> 01:18:52.565
grab a big chunk of it, and then people,
1012
01:18:52.865 --> 01:19:00.405
you know, at the retail level would have to have some sort of a professional, you know, mini data center type setup to be able to run good routing notes
1013
01:19:00.810 --> 01:19:06.110
with all the tools that we have. There's 2 things here, and it's important, I think, that they're they're delineated,
1014
01:19:07.690 --> 01:19:10.375
is is you have a routing node and you have an end user.
1015
01:19:10.935 --> 01:19:12.075
For an end user
1016
01:19:12.535 --> 01:19:27.550
to operate in a relatively self sovereign way, I mean, they can just download something like Phoenix Wallet on their phone or ideally Yeah. You know, they're they're iterating. Right? But, like, a a better setup like, they're trying to reduce the trust that is that is in them as a centralized entity,
1017
01:19:28.465 --> 01:19:34.085
there, but you can use it in a relatively self sovereign way by just downloading Phoenix Wallet. Right?
1018
01:19:36.010 --> 01:19:44.750
On the routing node side, this is someone who's running a 247 node. And if they're a sovereign user, they're running it only through Tor. So all of a sudden, you
1019
01:19:45.865 --> 01:19:47.885
I don't even know if I don't think
1020
01:19:48.505 --> 01:19:59.210
it it it definitely takes some kind of education, and we we fortunately have a bunch of plebs that have been focused on it. I mean, I've learned a shit ton about running a routing note mostly from losing money,
1021
01:20:00.390 --> 01:20:06.094
and just kind of dove in. And I do appreciate yourself for a ton, Suhab, because I would have lost way more money,
1022
01:20:07.114 --> 01:20:08.495
if it wasn't for ride the lightning.
1023
01:20:10.074 --> 01:20:11.535
But the main
1024
01:20:11.880 --> 01:20:15.980
the main hurdle that the sovereign routing nodes have is not
1025
01:20:17.880 --> 01:20:21.180
is is is not the education hurdle.
1026
01:20:22.115 --> 01:20:26.215
It's it's the hurdle is relying on Tor. Like, Tor reliability
1027
01:20:26.595 --> 01:20:32.290
is fucking shit. Like, we had we had weeks where we were getting attacked on tour,
1028
01:20:32.830 --> 01:20:42.075
and there was DDoS issues, and I just had, like, half my channels were offline. Bitrefill doesn't have to deal with that. Strike doesn't have to deal with that. They have they have, like, super
1029
01:20:42.455 --> 01:20:51.450
t one connections and shit that they're connected to, like, all the different routing centers around the world, and they're, like, all fucking super connected because they don't care that they're doxing their location.
1030
01:20:52.070 --> 01:20:53.610
Exactly. Yeah. Exactly.
1031
01:20:54.070 --> 01:20:55.690
That's the hurdle. That's the
1032
01:20:56.875 --> 01:21:05.295
the That's the issue. This is where you, Matt, can become more technical technical in a sense. Like, you can start bringing up ClearNet servers and then
1033
01:21:05.720 --> 01:21:16.455
SSH connection through them, so you're not still not doxing the location. No. The problem is in our k like, this is what people don't realize, that KYC isn't a Bitcoin only thing. Like, it's really hard to get
1034
01:21:16.835 --> 01:21:19.094
a well connected cloud server
1035
01:21:19.395 --> 01:21:20.455
that isn't KYC.
1036
01:21:21.155 --> 01:21:31.349
Yep. So we we need we need that. Yeah. Exactly. We need to find like, it's not just it's not just not doxing your IP. Like, to not dox your IP, but have a well connected thing, even if you go through
1037
01:21:32.125 --> 01:21:36.864
even if you tunnel to a server, you're doxing yourself to that central company. Right?
1038
01:21:38.605 --> 01:21:39.105
Yes.
1039
01:21:39.485 --> 01:21:43.150
Yes. So so when we are going to Miami, you and me,
1040
01:21:43.869 --> 01:21:47.409
Matt, need to rent a place and dump some servers there,
1041
01:21:48.030 --> 01:21:49.945
and then we need to maintain it.
1042
01:21:50.985 --> 01:21:54.364
I fucking love the idea of, like, a ready player one type of environment,
1043
01:21:55.065 --> 01:21:58.605
where you do so, like, what I've been doing, by the way, is
1044
01:21:59.480 --> 01:22:01.820
me and my lady, we got rid of our apartment in Brooklyn,
1045
01:22:03.000 --> 01:22:07.580
because New York City is at a at a low point. I I still love New York City.
1046
01:22:09.705 --> 01:22:14.525
We have way better pizza than Miami. Fuck you, Portnoy. Like, why are you doing pizza ratings in Miami?
1047
01:22:15.785 --> 01:22:29.515
We I I I I'm I'm I'm hyper bullish on New York, but I'm not short term, and I didn't wanna fucking deal with it. So I I don't have to explain to the freaks. We fucking ended our lease. So we've just been moving around at Airbnbs. Right? And we've been staying at all these people's
1048
01:22:30.215 --> 01:22:31.275
Airbnb houses.
1049
01:22:32.215 --> 01:22:34.475
And I, like, I love the idea of doing,
1050
01:22:35.870 --> 01:22:37.570
you know, like, like, a
1051
01:22:37.870 --> 01:22:42.690
a 15 key multisig and, like, hiding your keys in different people's houses,
1052
01:22:43.335 --> 01:22:47.675
and they don't even know. Like, you just have, like, a steel slab with a seed
1053
01:22:47.975 --> 01:22:49.114
in their house somewhere,
1054
01:22:49.735 --> 01:22:50.235
and,
1055
01:22:50.850 --> 01:22:58.949
you know, you make the threshold to a point where it's not too easy that they can get in, but also at the same time, you don't need to get into every Airbnb in the future.
1056
01:22:59.410 --> 01:23:00.675
And that's kind of like
1057
01:23:01.875 --> 01:23:06.855
I I I just imagine, like, you die or whatever, and then you're like, there's 32 houses.
1058
01:23:07.795 --> 01:23:15.889
There's like I get there's like a there's a top line. What is, like, 16 keys, right, right now? So so there's 16 houses that have keys,
1059
01:23:16.270 --> 01:23:21.365
and there's, you know, 1,000,000 of dollars or something at stake. Like, that'd be just fun. That'd just be a fun,
1060
01:23:23.285 --> 01:23:26.265
don't don't talk more about it because everybody listening.
1061
01:23:26.870 --> 01:23:29.930
I guess they will be like, okay, Matt. Come to my house, please.
1062
01:23:30.310 --> 01:23:42.880
No. I mean, I'm not I'm not doing that. Like, that's ridiculous, but that that's a cool idea. Now you're basically like, look at the comments that are that will now come in. It will be like invitations. Like, Matt, okay. I'm in. I'm your soldier. Let's go.
1063
01:23:43.900 --> 01:23:55.475
Like, if if if this story results in me getting discounted Airbnb fares, I'm all for it. I had another guy who I mentioned. I was like, I wanted to start mining in Airbnbs because they pay our electricity.
1064
01:23:56.255 --> 01:24:07.765
And just, like, just travel with ASICs, just, like like, pull up to their house, like, pull, like, my bag and, like, 4 ASICs out of the car and just, like, plug them in. And then some guy some guy posted that on his Airbnb,
1065
01:24:08.705 --> 01:24:11.125
description, it says, like, no Bitcoin mining allowed.
1066
01:24:11.585 --> 01:24:12.965
Like, that would stop me.
1067
01:24:13.400 --> 01:24:14.060
Like, like,
1068
01:24:14.600 --> 01:24:17.880
oh, you're the the one line item that's, like, no no,
1069
01:24:18.600 --> 01:24:20.845
no Bitcoin mining. Oh, I'm not gonna do it now.
1070
01:24:23.325 --> 01:24:25.505
And the tweet is out.
1071
01:24:26.205 --> 01:24:26.605
Would you
1072
01:24:28.045 --> 01:24:45.560
see, this is what I'm talking about. You gave me shit for checking Twitter. I haven't checked Twitter since you gave me shit for it, and then you're doing the fucking my fault. Okay, Matt. I accept it. Sorry, Matt. Posting other people's you're, like, posting other people's computers on Twitter and their chargers and shit, and and you're not paying attention here. So
1073
01:24:45.940 --> 01:24:47.880
so so to get back not paying attention
1074
01:24:48.420 --> 01:24:59.695
to you talking about the Airbnb experience. Okay. Okay. Okay, bro. So we got we got a little bit sidetracked here. My my question to you is, what is it like working in those 2 different environments where you have this highly regulated
1075
01:25:00.920 --> 01:25:11.605
company that's fucking killing it. Like, let's be honest. Like, strike is fucking killing it. You guys are bringing a ton of money and investment. You guys are darlings. They're they're this is one of the hottest companies,
1076
01:25:12.945 --> 01:25:14.405
in all of tech. Like,
1077
01:25:14.865 --> 01:25:17.285
Jack, I Jack was 30 under 30.
1078
01:25:17.745 --> 01:25:18.245
Right?
1079
01:25:19.050 --> 01:25:24.030
Yeah. Am I am I correct on that? Jack was 30 under 30. Our boy Jack was 30 under fucking 30.
1080
01:25:24.489 --> 01:25:26.110
All eyes on you guys,
1081
01:25:27.335 --> 01:25:28.235
Super regulated
1082
01:25:28.775 --> 01:25:31.435
spear. And then you have BTC pay server,
1083
01:25:31.895 --> 01:25:32.614
which is, like
1084
01:25:33.870 --> 01:25:40.370
because it's open source software, it's not breaking any laws, but it's, like, really breaking laws in, like, every country of the world constantly. No.
1085
01:25:40.830 --> 01:25:42.130
Right. I know.
1086
01:25:42.695 --> 01:25:50.715
So how what is that what is that how do you deal with that? Like, how do you how do you deal with that dichotomy? What is, like break that down for the freaks.
1087
01:25:51.130 --> 01:25:51.630
I
1088
01:25:51.930 --> 01:25:54.190
mean, it's simple, man. I just serve Bitcoin.
1089
01:25:54.890 --> 01:25:55.530
Like, I,
1090
01:25:56.250 --> 01:25:57.610
no. Honestly, it's it's,
1091
01:25:58.804 --> 01:26:03.204
you presented me so so well that whatever I say, it will just,
1092
01:26:04.005 --> 01:26:06.105
you know, ruin the presentation, but
1093
01:26:06.590 --> 01:26:07.889
that that's kinda
1094
01:26:08.350 --> 01:26:16.095
what what I want because I I do as a Cypher, I want to all my code to be open source so other Cypherpunks can play with it.
1095
01:26:16.855 --> 01:26:18.435
On the other hand,
1096
01:26:19.535 --> 01:26:25.955
I you know, open source is not well paid, and, I kinda even don't want to
1097
01:26:26.440 --> 01:26:28.860
take money for for anything open source.
1098
01:26:29.320 --> 01:26:33.660
And that's where I connected the fact that Jack is my Internet nephew.
1099
01:26:34.864 --> 01:26:39.525
And he like, I was I was just about to accept this crazy offer
1100
01:26:39.985 --> 01:26:41.605
of being, like, global CTO.
1101
01:26:42.470 --> 01:26:45.610
Yeah. You don't you don't know what you don't have a CTO now?
1102
01:26:47.590 --> 01:26:49.050
Man Dude, congratulations.
1103
01:26:49.955 --> 01:27:05.350
Man, I've been CTO for, like, the last 10 years, but everybody sees this, like, rock star developer, and they think that I'm some, like, pimple faced 20 year old, like, goofy kid. Dude, I didn't know that. I mean, I I thought you look like Vin Diesel. I saw the picture.
1104
01:27:06.495 --> 01:27:15.875
I mean I mean He look he does look like that. Dude, congratulations. I didn't know you were CTO. I'm not CTO, man. Like, I I got the offer to be CTO, and then Jack
1105
01:27:16.220 --> 01:27:20.400
called me and he was like, oh, man. Like, I'm starting the start up. I really need
1106
01:27:20.940 --> 01:27:24.880
Oh, separately. Not not Zap. Not not Stripe's CTO.
1107
01:27:25.905 --> 01:27:28.645
Yeah. I'm I'm not Stripe's CTO.
1108
01:27:29.825 --> 01:27:39.670
I I have even better title, but I'm not gonna share it with you. What's your what's your title? No. I'm not gonna share it with you until you show more love because, honestly, Matt, like, I've been
1109
01:27:40.695 --> 01:27:47.630
I knew you're not sending me love for some reason. I didn't know it's because you're too hard on yourself. So I need more love. You so much love.
1110
01:27:48.110 --> 01:27:51.810
No. No. You haven't. Like, when was the last time you messaged me?
1111
01:27:52.750 --> 01:27:55.969
I messaged you to come on this, like, yesterday or Tuesday.
1112
01:27:56.440 --> 01:27:56.835
That?
1113
01:27:57.635 --> 01:28:03.975
Before that, I don't know because our all of our messages delete after 7 days, so I never remember what we talked about last.
1114
01:28:04.355 --> 01:28:08.360
Yeah. There will even But that's good. That's how it should be.
1115
01:28:09.300 --> 01:28:21.155
Yes. It should be. But but but you should have We communicate every day. We communicate every day telepathically. Like, we wake up in the morning It's a lovefest. I send you I send you some love I send you some love The lovefest. With.
1116
01:28:24.480 --> 01:28:31.940
See? And now now you even have this is, like, home courts. You have plebs defending you or, like, why don't I message Matt?
1117
01:28:32.305 --> 01:28:37.605
I messaged Matt. Why don't you message me? I messaged Matt. Like, I messaged him,
1118
01:28:37.905 --> 01:28:39.125
but he didn't respond.
1119
01:28:39.460 --> 01:28:42.280
Dude, I always respond to you. So he was almost response.
1120
01:28:42.739 --> 01:28:43.239
No.
1121
01:28:43.620 --> 01:28:57.385
I would so first of all, just to be clear, BTC I I just want to before we continue here, I did say BTCPay is breaking BTCPay is not breaking any laws. BTCPay is is self sovereign open source software. It's not breaking any laws. Code is free speech,
1122
01:28:57.860 --> 01:28:59.320
and, that's that.
1123
01:28:59.780 --> 01:29:01.160
What I meant to say is
1124
01:29:01.860 --> 01:29:03.880
by statist, it might be perceived
1125
01:29:04.260 --> 01:29:04.500
as
1126
01:29:05.105 --> 01:29:10.405
Likely legal. Break yeah. Likely illegal. Like, a status might call it likely illegal product.
1127
01:29:11.265 --> 01:29:13.285
While something like strike is
1128
01:29:13.680 --> 01:29:18.800
completely above board, you have, like, Visa investment and shit like that. Right? It's like a whole different,
1129
01:29:19.199 --> 01:29:19.699
ballgame.
1130
01:29:20.239 --> 01:29:21.780
Yes. Yes. So
1131
01:29:22.615 --> 01:29:30.055
for me, like, I'm telling you, it's just Bitcoin tells me serve here, I serve. And, it's it's easy because,
1132
01:29:30.880 --> 01:29:35.059
I really am blessed by the fact, like man, I'm I'm, like, super support.
1133
01:29:35.679 --> 01:29:39.219
Any project that you're doing from technical side, like, I can,
1134
01:29:40.305 --> 01:29:48.005
you know, handle so many things. That's why, like, both, if you look at BTC pay server, it's Nicholas. Nicholas loves me.
1135
01:29:48.350 --> 01:29:53.410
If you look at Stripe, it's Jack. Jack loves me. Even though, yeah, Nicholas is not my nephew.
1136
01:29:53.870 --> 01:29:56.930
I mean, maybe maybe he should publicly declare that.
1137
01:29:59.035 --> 01:30:00.815
Because Jack said, yeah. I'm like
1138
01:30:01.195 --> 01:30:04.735
crazy Internet uncle. So that's that's my description.
1139
01:30:07.290 --> 01:30:07.790
Yeah.
1140
01:30:10.090 --> 01:30:24.605
So I'm curious, Suhab. Like, what do you think? What what is your opinion here? Did this is it is it Rockstar's fault that he's not messaging me? Is it my fault that I'm not messaging him? I think you guys Where does RTL stand on this? Is there an Or that you should get
1141
01:30:25.270 --> 01:30:26.970
get a room and sort it out.
1142
01:30:30.150 --> 01:30:33.530
Okay, Matt. When when are we renting Airbnb? I'm already
1143
01:30:34.075 --> 01:30:37.535
well, I mean, I don't know if you're coming to Miami. I already rented a penthouse.
1144
01:30:37.995 --> 01:30:38.495
So
1145
01:30:39.355 --> 01:30:46.640
because I because I I my money is where my muff my fucking mouth is. Right? Like, I think 200 k by conference day is is a fucking reality.
1146
01:30:47.020 --> 01:30:51.360
And I and I agree with the pledge that it might be a little bit too bearish. Who the fuck knows?
1147
01:30:52.455 --> 01:30:54.074
I I think come to Chicago.
1148
01:30:54.855 --> 01:30:58.155
Like, we we have Chicago is like a worse version of New York.
1149
01:30:59.175 --> 01:31:02.969
No. It's not. It's like cleaner version of New York. Yeah. Worse.
1150
01:31:03.270 --> 01:31:06.329
It's cleaner because there's less people, less things going on.
NOTE
Transcription provided by Podhome.fm
Created: 3/17/2024 4:34:28 PM
Duration: 11481.73
Channels: 1
1
00:00:04.000 --> 00:00:05.859
2
00:00:06.480 --> 00:00:11.674
Let me get this off. Miami, that was a weird, like, walkout because I'm still doing it alone.
3
00:00:13.655 --> 00:00:20.110
Pizzetti, new pizza place, pizzeria and wine bar. Where are we? Menu looks great. We're at, 1223
4
00:00:20.490 --> 00:00:22.884
Lincoln Road. He he I don't know.
5
00:00:23.984 --> 00:00:32.700
These guys didn't know me in there. I'm almost positive they didn't know me. They may have been googling me after. Pizza's huge, by the way. And if I'm not mistaken, it was, like, $40
6
00:00:33.240 --> 00:00:34.220
$35, which is
7
00:00:35.720 --> 00:00:46.285
insane for pizza. Looks really good. The other part of what they were telling me, which I can't tell if they knew me or didn't know me or what they were doing, they're like, do you wanna pay for it in Bitcoin? Are you trolling me, dude? They're like, do you own crypto? I'm like,
8
00:00:46.720 --> 00:00:51.780
alright, Tom. Alright, fucking parabolic guy. Like, no. I'm not paying Bitcoin. I'm paying fucking cash.
9
00:00:52.160 --> 00:01:00.545
Like, why? You don't own crypto? What are you stupid? Do you want your score to go through the roof? I sold my crypto. Everyone knows I sold crypto at 11,000. The market's tanking. I don't need
10
00:01:01.085 --> 00:01:04.960
the guys to give me a Bitcoin lecture. It's fucking crazy.
11
00:01:05.660 --> 00:01:12.480
Diamond hands paper, and I'm just trying to eat pizza. I'm getting fucking ripped. Marcus Baker to come back. Oh, this is nice. You know what? This
12
00:01:13.385 --> 00:01:14.284
13
00:01:14.905 --> 00:01:26.500
14
00:01:33.305 --> 00:01:48.077
These Bitcoiners can make some pizza. This is good. What are they doing? Bitcoin? I've never heard they want paying Bitcoin? I'm like, no, Casa. You sure you don't wanna do Bitcoin? What's up with you and Bitcoin?
15
00:01:49.015 --> 00:01:50.075
It's really good pizza.
16
00:01:51.494 --> 00:01:53.515
It was right up there with my favorite Miami.
17
00:01:55.015 --> 00:01:58.075
People know about this place, Bazette. You gotta save up.
18
00:01:58.430 --> 00:01:59.810
You gotta have your multiples,
19
00:02:00.430 --> 00:02:04.850
$40 or 35. 38 with $38 for this pizza. That is
20
00:02:05.630 --> 00:02:06.130
ridiculous,
21
00:02:09.525 --> 00:02:10.665
but it's very good.
22
00:02:19.989 --> 00:02:29.975
It actually reminds me of of Upper Crust in Boston. I think Upper Crust went out of business because they weren't paying their workers. I I don't know if these guys are paying Bitcoin, but this is very good pizza. This is
23
00:02:35.340 --> 00:02:36.480
I really like this.
24
00:02:38.300 --> 00:02:39.440
25
00:02:40.220 --> 00:02:43.915
26
00:02:45.995 --> 00:02:48.655
See if he see if he'll talk to me on Bitcoin real quick.
27
00:02:49.915 --> 00:02:54.190
Hey. I'm making a video. Why why did you want me to pay for Bitcoin?
28
00:02:54.810 --> 00:02:56.989
Why are you so why are you so in on Bitcoin?
29
00:02:57.690 --> 00:03:06.965
30
00:03:08.225 --> 00:03:12.700
31
00:03:13.640 --> 00:03:21.845
Exactly. Alright. Tell me I I thought you guys didn't know. I was like, what are these fuckers talking about Bitcoin. They're trying to get wishing everybody the same, but you
32
00:03:22.625 --> 00:03:27.205
Oh, thank you. I thought you guys just randomly I'm like, fuck these guys. Bitcoin.
33
00:03:28.260 --> 00:03:30.200
Alright. That makes more sense.
34
00:03:30.900 --> 00:03:31.400
Alright.
35
00:03:32.020 --> 00:03:34.440
The pizza's really good. I was between 7981.
36
00:03:34.900 --> 00:03:44.825
That's how good I think it is. I'm gonna go 79. They have more tang, but this is, like, as good as you can get, but you better invest in Bitcoin and make, like, triple your money to afford it. 38
37
00:03:45.349 --> 00:03:52.730
bucks. That's a review. Really, really good pizza. Awesome date spot too, even though I'm alone like a lunatic. Pizzetti, 1 bite review.
38
00:04:31.775 --> 00:04:34.914
39
00:04:35.550 --> 00:04:37.730
for another Bitcoin Tuesday celebration.
40
00:04:38.510 --> 00:04:41.970
Welcome back to Citadel Dispatch. This is episode 12,
41
00:04:42.645 --> 00:04:47.705
the interactive live show about Bitcoin distributed systems, privacy, and open source software.
42
00:04:48.565 --> 00:04:52.370
We are joined here by my good friends, Rockstar Dev and Suheb.
43
00:04:53.550 --> 00:04:59.090
Very excited about this conversation. I've been trying to get both of them on Tales From the Crypt for a long fucking time.
44
00:05:00.315 --> 00:05:03.855
It's been too long since I've seen them in person. I'm very good friends.
45
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So I'm happy to have them here virtually.
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We will be discussing
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majority of the Lightning Network, but we'll be talking about a lot of different things today.
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That was Dave Portnoy on that clip.
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I think that goes without saying for the majority of freaks out there, but Dave Portnoy is the CEO and founder of Barstool Sports
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who
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famously,
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decided to buy link,
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because
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the the the Winklevoss shield him shit coins.
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And he bought some Bitcoin too, and he sold at 11,000.
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And since then, we've been trolling him. And as you can tell,
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Bitcoiners are everywhere.
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He can't escape them. He was at, pizzas
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pizza spot in Miami,
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and, they were trolling him about Bitcoin there. So he cannot escape it. Is on his mind. He will have to capitulate eventually at much higher prices,
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and, you know, he should just he should just learn to stay humble and and stack some stats.
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With that said,
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big warm welcome
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to Rockstar and Suheb.
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Rockstar is
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best known for his work on LN Strike and BTC pay server.
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Suheb is well known for his work on RTL.
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That's Ride the Lightning.
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Ride the Lightning and
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BTC pay server are 2 of the most important,
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open source lightning projects
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available, so they're perfect, guests for this conversation.
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And with that, I would like to start with rock star. Rock star, how's it going?
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Because,
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man, you have some quite quite some setup here. I'm trying to stay on, like, YouTube comments, Twitter.
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This video.
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Twitter, and YouTube directly on your screen.
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I want to interact with all our great audience, man. Like, you have the best freaks. I now wish I have this and, like, Sunday Coding with Uncle Rockstar, but that's the thing, man. Like, us Bitcoiners always
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learning from each other, so glad to be here with you and Suheb.
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and I I
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every Sunday, you broadcast this out on on Twitch,
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Twitter, and YouTube. Right?
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as I said to you in the intro to this video, like, I I found it so funny that you also started this in December a little bit earlier.
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What can you do when you're, like, full time podcaster? I'm a developer.
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So it seems like Bitcoin spoke to us both at the same time,
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but you're ahead, man. Like, you're always ahead of me. Like, I need
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I need to catch up on this whole thing. So, yeah, I'm I'm essentially streaming,
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how the sausage is made, like, behind all that BDC based server coding,
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trying to get more contributors in. And,
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I already know, you and me, we're going to do
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episode where your coding will make a proper Cypherpunk out of you because Cypherpunks write code.
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But, I I do,
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I am I am devoting about 10, 12 hours to this shit, so
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there there's there's something to be said there.
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evangelist. Like, you're one of the best evangelists that Bitcoin has.
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And,
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what is it? Like, podcast or no? You're just, like, spreading this positive message, and I think that message that you came up with, it's like, stay humble,
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which I have for all our great freaks here.
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Like, that's such a great message, and,
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and I'm still here. But,
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this number go up is a, a very tiring thing.
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Before we move on to Suheb, I just wanted to say real quick. I I'm trying to learn how Twitch works.
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This is broadcast via Twitch. It's broadcast via Twitch, YouTube, and Twitter. You can find all the links at citadel dispatch.com, then the archives are posted to Keybase and Telegram,
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so you can download them in full with no ads.
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And then they're also posted to both our tales from the crypt podcast feed where the majority of people right now are probably listening to us, and then also a dedicated seasonal dispatch feed where you can search there. But I'm trying to get my my hands dirty with Twitch,
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and I'm pretty sure,
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like, there's, like, some kind of partnership we can do. Right? We're, like, Sunday Coding with Rockstar
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broadcast this,
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and then I broadcast Sunday Coding with Rockstar from Citadel Dispatch. Like, is that is that a possibility? I think that's a thing we can do. Right?
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coding with Uncle Rockstar broadcast out of the Citadel dispatch Twitch. I think that'd be a great idea.
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I'm trying to make the Twitch feed,
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I'm I'm trying to lean in and learn about Twitch. I had, the full Citadel dispatch
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archive of 30
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hours, 11 episodes,
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broadcast straight with no ads or anything on Twitch over the weekend. It was just so, like, there was, like, people who, like, tuned in and just spent, like, 6 hours just, like, listening and watching Bitcoin,
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find place for all our Bitcoin plebs
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because we all can contribute and make better system, more fair system.
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Suheb, how's it going over there?
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I don't know whether Rockstar remembers, but the first time I met Rockstar, it was
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in November of 2018,
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and we were in
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a lightning hackathon,
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in New York City.
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So it was a yeah. So it was a 2 day hackathon. So I and I was actually conscious about the laptop that I was carrying. I thought I had a very big outdated laptop. So 1st day, officer was not there. So 2nd day, I went, and, incidentally,
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the place that I was sitting at, there was another, you know, massive laptop parked right next to me.
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And it was Rockstar's laptop. So then I said, oh, man. I thought I was conscious about mine. You got even bigger one than than I do. So that was my introduction with lap, with Rockstar.
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So yeah. It's me. The
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for power.
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Yeah. I'm pulling it. Right. I'll send it to you. I'll send it to you in the picture.
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You deserve it. No. I already Yeah.
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And I got a buy a Bitcoin pin, from Rockstar there, which I still have to carry. It's
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a it's a proud position that I have.
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So and a and
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a 100 1,000,000 or 10,000,000
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denari note.
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So yeah. And which you,
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you know, autographed. So I have those those two things too.
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Yeah. All over the place.
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Yeah. We love we love our shitty fiat.
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right in downtown.
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the for, like, lightning,
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conference was FOMO.
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That's why it caught me off guard that they had a New York based one. That's pretty cool.
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like, in US, and the next one was, like, kinda let's do Texas, but, yeah,
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COVID hit.
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and might not be aware of them,
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someone in the comments said that the Flatiron School, was where they hosted it. Yep.
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Exactly. So shout out to the Flatiron School. But if you type in Fullmo,
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into YouTube, their channels should come up. They have a lot of great content on there, so you should go check it out.
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Another thing for the YouTube freaks to keep in mind is we appreciate when you press that like button on YouTube,
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but I just want you to know that it does kind of go to waste because as soon as this live stream ends,
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YouTube copyright flags me and then makes me reupload,
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and we lose all the likes. So if you are if you are if you do want to, like, have extra credit,
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go back to the YouTube after
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after I reupload and then add another add another like on top, and that that would be appreciated, I guess. I mean, I don't really care. I think we're just gonna get banned from YouTube eventually,
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but I do appreciate you guys. And the number one thing you can do is really while the livestream is going on, is retweet it on Twitter because that's where all the big corners are.
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So cheers to you guys for that.
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I don't know where I wanna start.
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I I just kind of to be honest, I I let's start with number go up, before we go to lightning. I I got I got the price chart on on the feed. This is what we always do.
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It looked really nice when I was doing the 30 hours because you just saw the price pumping from the beginning of Citadel dispatch to the end, which is I'm looking forward to the end of the year. It's gonna be fucking ridiculous
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when there's just, like, a 1000 hours of Citadel dispatch, and and you just see the price pumping during the whole thing.
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Number go up has got me
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this is the best drug in the world,
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but at the same time,
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yeah, it's the best drug in the world. We had we had this billionaire.
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I'm not gonna try and pronounce his name, but he has,
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this this this corporation in in in Norway.
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He's the
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one of the 10 richest people in Norway.
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A k e r, Aker, I think, is or Aker is how you pronounce it.
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And he did the shareholder letter where he'd announced that they were going into Bitcoin really hard. They were starting a whole Bitcoin unit called CD.
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Did you guys read that shareholder letter?
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that actually. But it's probably
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this name ism of they don't wanna put Rockstar developer in shit.
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Do you know that when
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me and, John Carvotto, like, he was organizing some merch and he put my profile image while still it was Vin Diesel,
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And he was making, like, panties.
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And they wouldn't sell the panties, like, because it had a picture of Vin Diesel.
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And, like, that was hilarious, man.
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But now on hoodie, now I can go on all I'll I'll always remember before I met you at,
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you, like, DM ed me. We're, like, really excited to meet you. Like, I just wanna let you know, like, I'm shorter than Vin Diesel. I, like, don't wanna get your hopes up. And then you met me, and you're, like, oh, fuck. We're both short. No. I'm not short, man.
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Still in the DM. Don't make me post screenshots.
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So you'll yeah. My cyberpunk friend betraying. So Let's talk about let's talk about this letter because I guess you have some behind the scenes
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you
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were you part of that conversation with him, with Jack?
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And,
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I don't know how much I I should reveal, but they they are the real deal. I don't know. Like, were you involved with the whole thing? Because
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they they kinda want to do it the proper way. And
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He even he even mentioned,
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that professor, Michael Green or whatever. He, like, mentioned Bitcoin deniers because they helped him learn that they were wrong.
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you know, letters because it's not
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convenient.
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Rockstar's biased and, like, can't give his true opinions because he was part of the conversations. He's trying to be a gentleman here.
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Were were you as blown away as me? Like, I fucking read this thing in the morning yesterday,
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and I just literally couldn't
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and and this this is coming from someone who's
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obviously,
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been very focused on the space for years.
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I talk about it all the time every week
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on air, on the record.
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I expect very big things for Bitcoin.
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I'm as bullish as they come, and it just caught me off guard. It caught me off guard, and I was just in shock almost.
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I have not read it.
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But I I'm planning to read it, though.
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But I did caught, catch the highlights, on Twitter.
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So
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it's a You have to read it, man.
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Yeah. Yeah. But
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it has to happen. I mean, that that's that's how the Bitcoin is designed.
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That's what is going to happen. But, yeah, it does feel exciting to be, you know, going through that journey,
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but,
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it's all eventual.
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It should now be in a,
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you know, inner peace moment
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rather than
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rather than, you know
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yeah. Maybe, yeah, it's time to celebrate as well. But yeah. So
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Paul, what happened to me was I read the first half. It was so bullish that I had to stop reading. Like, I just lost concentration, and then I went That's what I went. And I I continued it. It gets even it gets even better. It's fucking insane. Like, the dude the dude literally at one point says,
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I I'm not telling my friends and family to put everything they own into Bitcoin.
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The lawyers say that's litigation risk,
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implying that he's telling you to put everything you own into Bitcoin. Yeah. Like, he literally just wrote it down on the paper that way,
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you know, to to cover his ass to a degree, but but that's, like, the most like, he sounded like
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one of us.
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Right? He sounded like you have this this this 60 year old billionaire,
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renowned businessman, and he sounds like a Bitcoin pleb on Twitter. Well, this this much I can tell is that
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he definitely seems like one of us. It's just that, yeah, he was born in different era wherein all this technology was not available, but he, like, he gets the idea, especially because
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they, as a company,
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yeah, they understand the problems. Like, settlement is,
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is a huge issue, and most of people are oblivious
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to how you're actually settling,
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you know, the purchase that happens on one end of the world and you need to deliver the goods from, you know, another end of the world.
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So,
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yeah, I I could
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get
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I I get I mean, that part, Roger.
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How bonish it would be if you were in the conversation?
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and and and having having both in a network that you can scale privately, but also interoperable in an open way,
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is bullish as fuck. And everyone knows that, you know, like,
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there are few there are there are there are few
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podcast
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conversations that are more bullish than ones that Jack Maurer's are a part of.
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We're all aware of that. But he was red pilled even farther than that. He was talking, like, pro privacy, like, anti KYC,
285
00:23:07.405 --> 00:23:08.785
you know, like, this is, like
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00:23:09.565 --> 00:23:18.980
those are things that you just never I you just don't expect. He basically said Bitcoin's designed to pump forever, which, by the way, I wanna get you both on the record agreeing with as part of this show.
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Yeah.
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But but
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00:23:22.075 --> 00:23:25.455
but but but the but the the settle like, transferring value
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across borders, and we'll go farther into this
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because of of the topic of of today's episode anyway,
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is like an obvious place where I expect businessmen to get orange build. Right? It was the other things on top of that that really caught me off guard.
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00:23:44.165 --> 00:23:50.899
Does that make sense? You mean you mean, like, anti KYC and all that stuff? He was, like, talking about, like, sovereignty
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and privacy
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00:23:53.095 --> 00:23:54.075
and no KYC
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and and permissionless
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and, you know, open network. Like, it was it was very much a,
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00:24:03.770 --> 00:24:07.230
you know, it it it was very it was very much like a self sovereignty
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manifesto in 23 pages.
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301
00:24:16.715 --> 00:24:19.215
give my seal of approval from
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00:24:19.700 --> 00:24:23.000
the meeting I had and, you know, the stuff that I've listened,
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00:24:23.540 --> 00:24:26.760
from from the guy in question, like, billionaire in question.
304
00:24:27.060 --> 00:24:28.440
To me, he does seem
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00:24:29.085 --> 00:24:31.985
very sincere. And that's the thing with Bitcoin is because
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00:24:32.925 --> 00:24:37.025
all the stuff that we as Bitcoiners are talking about, like, I I would think,
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00:24:38.050 --> 00:24:44.630
like, it's it's really widely distributed across the world. Just there wasn't any unifying force that would connect,
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00:24:45.010 --> 00:24:48.845
you know, you, Matt, and me so that we can do stuff together.
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00:24:49.145 --> 00:24:52.285
But now there is. You know? There is Bitcoin.
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So, finally, you and me have an excuse to connect. You know, me and Sue have have excuse to connect and work on something together. And that's what I think is is happening
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also with billionaires because billionaires
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are also people
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00:25:07.865 --> 00:25:08.365
that,
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you know,
315
00:25:10.880 --> 00:25:14.260
have their own dreams and wishes. And when they recognize
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how, you know, honest this is, how
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great this whole system
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is. I mean, you know, they see it. They they see something that they've been missing, and they wanna join the party. And and I'm always, yeah,
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00:25:28.539 --> 00:25:29.280
non KYC
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00:25:29.740 --> 00:25:36.140
people that are in our, you know, cypherpunk philosophy view, which I think anyone sane is, but,
321
00:25:36.934 --> 00:25:45.670
they just didn't have the tools that they have now with, you know, Bitcoin and the whole movement. So because as you, Matt, say again, another your great saying is
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no privacy, no freedom.
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00:25:48.310 --> 00:25:48.810
That's
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325
00:25:50.470 --> 00:25:51.450
In all caps.
326
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327
00:25:53.525 --> 00:25:54.905
YouTube comments also.
328
00:25:55.445 --> 00:25:55.945
I'll
329
00:25:56.325 --> 00:26:01.225
330
00:26:01.860 --> 00:26:06.120
You notice Bitcoin Twitter, all the caps that you've have you been seeing flow through people?
331
00:26:07.700 --> 00:26:09.559
332
00:26:09.914 --> 00:26:11.294
Brian and Oh gosh.
333
00:26:11.755 --> 00:26:20.680
334
00:26:21.060 --> 00:26:30.265
335
00:26:30.985 --> 00:26:38.760
put the wife. She's going to work. I'm back. I'm I'm at home with kids, and he's like, man, belong in kitchen. I worked so hard to get here. I'm not getting up.
336
00:26:41.059 --> 00:26:50.065
337
00:26:51.245 --> 00:26:59.410
Woah. Woah. Woah. Sean Stack and saying caps lock card is greater than caps. I'm I'm fine with that. Caps lock card is greater than caps Odell. I'll stay humble in that regard. I love that, dude.
338
00:27:00.110 --> 00:27:04.525
Oh, yeah. I'll take it. But no privacy, no freedom is a is a is a sticking point for me.
339
00:27:05.465 --> 00:27:08.685
Rock star, do you think that Bitcoin is designed to pump forever?
340
00:27:09.145 --> 00:27:10.125
341
00:27:10.480 --> 00:27:16.180
342
00:27:17.120 --> 00:27:19.780
indefinitely, or do you think that there's some kind of top?
343
00:27:21.305 --> 00:27:28.125
344
00:27:29.730 --> 00:27:35.430
345
00:27:36.130 --> 00:27:46.125
346
00:27:48.870 --> 00:27:55.530
347
00:27:56.115 --> 00:27:58.375
and human productivity and ingenuity
348
00:27:59.555 --> 00:28:08.809
increases over time, then the purchasing power of that finite money that's that's the standard value of the world, should increase in value over time
349
00:28:09.429 --> 00:28:09.929
forever.
350
00:28:10.390 --> 00:28:25.669
351
00:28:27.889 --> 00:28:30.549
I'll pull a Pedro McCormick, and I'm gonna yeah.
352
00:28:32.075 --> 00:28:33.054
Oh, poor me.
353
00:28:33.515 --> 00:28:34.815
Bitcoiners are mean.
354
00:28:35.115 --> 00:28:37.215
355
00:28:37.595 --> 00:28:44.440
Suhab? Do you think do you wanna get canceled, or do you think Bitcoin's gonna Yeah. I was about to say that. I don't want to risk being canceled, so
356
00:28:45.835 --> 00:28:53.375
357
00:28:53.750 --> 00:28:54.970
No doubt about it.
358
00:28:55.590 --> 00:29:03.050
359
00:29:03.794 --> 00:29:05.575
that Bitcoin's designed to pump forever,
360
00:29:06.674 --> 00:29:07.735
and then I have
361
00:29:08.674 --> 00:29:14.750
every asset in the world is is gonna trend to 0 in Bitcoin terms. And they both mean the same exact thing.
362
00:29:15.610 --> 00:29:30.065
But there's, like, a group of people that believe 1 and not the other, and it's the weirdest thing ever. Like, I trigger half of them when I say the one thing, and then I trigger the other half when I say the other thing. And to be clear to the freaks, like, we're not memeing things into reality. The memes were already real.
363
00:29:31.230 --> 00:29:32.210
The they're just
364
00:29:32.910 --> 00:29:41.845
it's an easy way to showcase what already exists. You know? That the it is it is a fact, and and the memes are just a very distilled way of communicating that fact.
365
00:29:42.465 --> 00:29:44.325
366
00:29:44.625 --> 00:29:45.284
like us.
367
00:29:47.910 --> 00:29:49.690
368
00:29:50.150 --> 00:29:50.650
Rockstar,
369
00:29:51.110 --> 00:29:52.410
that you are,
370
00:29:54.565 --> 00:29:58.105
you're, like, you're, like, tweeting live while we're while we're recording,
371
00:29:58.405 --> 00:30:01.545
which is impressive that you have have so much
372
00:30:03.570 --> 00:30:08.790
that that you're not you're not getting distracted. So you actually tweeted out a picture of of your 2 chargers,
373
00:30:09.170 --> 00:30:11.110
while while we're while we're recording.
374
00:30:11.815 --> 00:30:21.750
Are you you you need the power from both chargers to power your laptop? What's the issue here? What's go what's going on here? I'm telling you, man. Like, I overdid this rock star mode.
375
00:30:22.690 --> 00:30:28.230
376
00:30:29.024 --> 00:30:39.000
377
00:30:39.460 --> 00:30:41.640
378
00:30:44.260 --> 00:30:54.550
It's like you need. And now you can imagine how this will look like if I, like, bring this laptop to the conference. I mean, I Exactly. Disappeared super and even more. It's like crazy. What I
379
00:30:55.030 --> 00:30:57.770
380
00:30:58.150 --> 00:30:59.370
I was being conscious
381
00:30:59.670 --> 00:31:05.674
382
00:31:06.774 --> 00:31:07.835
383
00:31:08.135 --> 00:31:13.514
it's just, like, developer laptop. It's like desktop replacement. So I know. But what's the brand?
384
00:31:15.480 --> 00:31:19.180
I don't wanna advertise the brand because they MSI or something?
385
00:31:19.480 --> 00:31:23.705
386
00:31:24.644 --> 00:31:30.585
387
00:31:30.890 --> 00:31:31.390
help,
388
00:31:31.850 --> 00:31:36.830
389
00:31:37.450 --> 00:31:37.950
everything.
390
00:31:38.595 --> 00:31:42.275
391
00:31:43.635 --> 00:31:54.540
it it's low key. Like, it's custom designed. It's just Jesse said it was Alienware. It's not Alienware. Don't offend him like that. No. K. This is I'll I'll try to find the exact picture because
392
00:31:54.924 --> 00:32:02.705
it's it's different. I posted someone else's because I yeah. I don't wanna take a picture of my desk itself. Oh, wait. This isn't your this is not even your fucking laptop?
393
00:32:03.460 --> 00:32:04.420
Man, like,
394
00:32:04.980 --> 00:32:08.040
you illustrate the concept through obfuscation. I mean,
395
00:32:09.220 --> 00:32:12.200
you want you wanna take the picture of my exact adapter?
396
00:32:13.925 --> 00:32:19.625
397
00:32:21.460 --> 00:32:25.080
398
00:32:27.460 --> 00:32:30.760
399
00:32:32.174 --> 00:32:33.395
400
00:32:34.015 --> 00:32:35.934
No. No. It's it's not,
401
00:32:37.615 --> 00:32:38.835
it's not a newsletter
402
00:32:39.135 --> 00:32:39.635
$100
403
00:32:40.015 --> 00:32:40.450
laptop.
404
00:32:41.490 --> 00:32:44.389
And then it's not likely illegal. It's
405
00:32:44.850 --> 00:32:49.830
406
00:32:50.554 --> 00:32:52.735
407
00:32:54.154 --> 00:33:00.130
408
00:33:00.750 --> 00:33:10.404
I'll speak for I'll speak for both Rockstar and Sue. I mean, if you're asking a Bitcoin or if we think that they're gonna announce a a massive ass Bitcoin purchase tomorrow. I mean, I think the answer is always yes. Right?
409
00:33:10.865 --> 00:33:11.365
410
00:33:13.264 --> 00:33:18.030
411
00:33:18.410 --> 00:33:27.745
412
00:33:28.205 --> 00:33:32.144
413
00:33:34.000 --> 00:33:37.140
No. This is not financial advice. La la la la la.
414
00:33:37.440 --> 00:33:37.940
415
00:33:39.920 --> 00:33:51.860
No, man. It's But the freak shouldn't trade stocks. Every stock is trending to 0 in terms of Bitcoin. I mean, you can trade it if you want. Just consider it. It's gambling, and and really, you should just I I think I think the most successful,
416
00:33:53.519 --> 00:33:58.820
people in the finance world over the next 5 years, over the next 10 years will be the people that just stay humble and stack.
417
00:33:59.365 --> 00:33:59.865
418
00:34:01.125 --> 00:34:11.850
419
00:34:12.470 --> 00:34:15.609
420
00:34:16.375 --> 00:34:16.875
like,
421
00:34:17.175 --> 00:34:17.915
all the,
422
00:34:18.295 --> 00:34:25.755
like, people that spent, like, 50 k a year or 100 k a year going to Ivy League school and then, you know, interning
423
00:34:26.680 --> 00:34:33.305
in Wall Street firms and this and that. And, like, he posted that, like, I should post it on Twitter, lift weights and
424
00:34:33.704 --> 00:34:36.845
ate meat, then I'm, like, having bigger returns than all of you.
425
00:34:37.145 --> 00:34:38.285
So fucking hilarious.
426
00:34:39.305 --> 00:34:40.605
It is. It's ridiculous,
427
00:34:40.905 --> 00:34:42.204
428
00:34:42.869 --> 00:34:53.355
that's just funny, like, you know, and and and and that type of person is the type of person who talks down to other people, so that's what makes it funny. Right? Like, when you say have fun staying poor
429
00:34:53.895 --> 00:34:54.875
to a billionaire
430
00:34:55.255 --> 00:35:04.660
or to someone who has a finance MBA and thinks they're better than you because they took, like, the series 7 or whatever their fucking KYC tests are that they have to take
431
00:35:06.255 --> 00:35:07.395
to to get certified.
432
00:35:07.934 --> 00:35:11.954
They talk down to you about it. Right? So so us outperforming them is fucking hilarious.
433
00:35:12.654 --> 00:35:14.674
What's really frustrating is
434
00:35:15.420 --> 00:35:18.240
is, like, the the buddies that you know from, like,
435
00:35:18.860 --> 00:35:21.600
from school and shit that that are making $15
436
00:35:22.060 --> 00:35:25.305
an hour or $30 an hour, and they're, like, trading,
437
00:35:26.565 --> 00:35:30.744
you know, like, garbage electric car company stocks from, like, China,
438
00:35:31.770 --> 00:35:44.635
and they think they know better than you. And you're just telling them you're like, can you just please just dollar cost average into Bitcoin so you're not resentful of me when we hit 200 k? Like, can you can you cover yourself so that that I don't have to, like, take care of your children's finances
439
00:35:45.255 --> 00:35:49.490
in 20 years 30 years just to be a good guy about it? Like, can can you contribute a little bit?
440
00:35:50.930 --> 00:35:53.990
441
00:35:54.770 --> 00:35:58.595
I've never been able to convince anyone. Dude, I'll tell you the most
442
00:35:59.055 --> 00:36:01.635
443
00:36:02.015 --> 00:36:13.299
especially Caps O'Dell, has been super effective on my real life, like, my my my pre Bitcoin friends. My real life friends. You guys are my real life friends. My pre Bitcoin friends because
444
00:36:13.945 --> 00:36:24.740
they they listen to they listen to the the tweets. They follow me on Twitter secretly, and they listen to the tweets more than they listen to me, you know, telling them, like, every day in in our group chats.
445
00:36:25.040 --> 00:36:25.540
446
00:36:26.480 --> 00:36:26.980
447
00:36:27.840 --> 00:36:30.580
here is one thing that's really important for everybody
448
00:36:30.905 --> 00:36:32.585
to understand, and that's it. Like,
449
00:36:33.385 --> 00:36:37.645
you can never wish more for people than they wish for themselves.
450
00:36:38.345 --> 00:36:38.845
And
451
00:36:39.760 --> 00:36:43.940
we we only like, most of us only learn through failures,
452
00:36:44.560 --> 00:36:46.579
so we should embrace failures.
453
00:36:47.119 --> 00:36:48.740
And, like, I'm telling you,
454
00:36:49.585 --> 00:36:53.105
you know, like, you know you can't persuade any
455
00:36:53.585 --> 00:37:02.690
like, everyone has experienced this. You're like, talk about Bitcoin to some friend of yours, and then, like, tomorrow they text you, oh, I bought bought Litecoin because it's like
456
00:37:02.990 --> 00:37:08.994
No. And and, like, what what can you do? The the only thing that you can do is, like, you go back
457
00:37:09.454 --> 00:37:11.135
and you look at the also, or,
458
00:37:11.615 --> 00:37:15.539
you look at yourself and you say, okay. Maybe I'll stack extra extra for that
459
00:37:16.119 --> 00:37:16.619
person.
460
00:37:17.200 --> 00:37:18.019
No. Seriously.
461
00:37:18.640 --> 00:37:21.460
And, plus, you already look at the people
462
00:37:21.975 --> 00:37:28.715
that are in Bitcoin. Like, look at all the great audience that we have in here that wants to cancel me now. So
463
00:37:29.660 --> 00:37:34.800
I I, you know, talk with these people, and then they tell me, okay. I maybe need
464
00:37:35.579 --> 00:37:36.079
something
465
00:37:36.575 --> 00:37:46.370
coded. Like, how do I code it? So I answer those people instead of answering, oh, how do I get rich? I mean, I got the message today from somebody who wanted to, like, from Europe wanted to drop,
466
00:37:47.570 --> 00:37:48.070
â¬1,000,
467
00:37:48.370 --> 00:37:51.030
and he's like, okay. What shit coin should I buy?
468
00:37:52.690 --> 00:37:53.190
And
469
00:37:53.875 --> 00:37:56.755
I basically say, yeah. Like, I sent that,
470
00:37:58.194 --> 00:38:02.855
congressman that's saying that there is a Bitcoin and then there is a shitcoin. Like, buy Bitcoin.
471
00:38:03.560 --> 00:38:05.500
You don't wanna become a day trader
472
00:38:06.200 --> 00:38:25.850
473
00:38:26.230 --> 00:38:29.130
than it is because they're just, like, it's too simple. It seems like
474
00:38:29.955 --> 00:38:31.335
a, you know, a get rich
475
00:38:31.955 --> 00:38:32.775
slow scheme
476
00:38:33.235 --> 00:38:38.140
477
00:38:38.619 --> 00:38:44.220
478
00:38:44.619 --> 00:38:47.039
that I have kind of come to agree
479
00:38:47.414 --> 00:38:49.674
on, right, or convince myself is that
480
00:38:50.055 --> 00:38:52.474
not everybody will buy Bitcoin. Right?
481
00:38:52.855 --> 00:38:55.115
Even if the whole world had the opportunity,
482
00:38:55.869 --> 00:38:57.810
everybody is not gonna make the use of it.
483
00:38:58.349 --> 00:39:04.770
It's always that power law is never going to change. Right? The 80 20 rule will not change with Bitcoin.
484
00:39:05.155 --> 00:39:07.255
Right? So there will always be a minority
485
00:39:07.795 --> 00:39:12.135
which took the risk, which got in early, and continues to buy.
486
00:39:13.070 --> 00:39:16.770
And there will always be a majority which will never be convinced,
487
00:39:17.150 --> 00:39:22.345
and ultimately, they will be the ones who will finally be earning in Bitcoin, but they will never
488
00:39:22.645 --> 00:39:33.710
489
00:39:34.330 --> 00:39:41.315
490
00:39:41.775 --> 00:39:46.194
491
00:39:46.610 --> 00:39:49.270
We're covering ourselves there, but buy Bitcoin while you can.
492
00:39:49.730 --> 00:39:57.724
493
00:39:58.184 --> 00:40:03.650
salaries or, you know, giving away their time for Bitcoin, and that's what that's what they're going to realize that they are
494
00:40:04.130 --> 00:40:07.349
too late or, you know, people told them and they never listened.
495
00:40:07.970 --> 00:40:10.150
But the power law is not going to change.
496
00:40:10.450 --> 00:40:10.950
Right?
497
00:40:11.484 --> 00:40:11.805
498
00:40:12.285 --> 00:40:17.345
499
00:40:17.805 --> 00:40:22.370
and and this is one of the things I've talked about a lot on the podcast recently is that,
500
00:40:24.770 --> 00:40:25.750
I I almost
501
00:40:26.050 --> 00:40:29.250
you know, in the beginning days, it almost felt like we needed to
502
00:40:30.914 --> 00:40:33.174
it it it it behooved us to convince
503
00:40:33.714 --> 00:40:34.694
powerful people,
504
00:40:35.155 --> 00:40:36.615
to get on board with Bitcoin,
505
00:40:37.610 --> 00:40:42.110
so that they would not only pump our bags, but, like, protect the whole system. Right? And,
506
00:40:42.570 --> 00:40:47.815
create create a network effect type of moat to protect us from the inevitable attacks,
507
00:40:48.515 --> 00:40:51.415
by the state and large corporations and stuff like that.
508
00:40:52.115 --> 00:40:53.655
Now I almost feel like
509
00:40:54.940 --> 00:40:56.799
everyone's gonna capitulate eventually.
510
00:40:57.660 --> 00:40:58.799
It's almost like
511
00:41:00.140 --> 00:41:00.619
it's it's
512
00:41:01.339 --> 00:41:07.905
I'm not when I do my education and outreach to newcomers, I'm not doing it for the security of the network.
513
00:41:08.365 --> 00:41:13.105
I'm doing it or, like, the long standing of the network. I'm doing it because I want those individuals
514
00:41:13.720 --> 00:41:19.500
to not get as you know, I want those those those individuals to to have a chance at this opportunity.
515
00:41:20.520 --> 00:41:25.085
So, I mean, in in terms of this 80 20 thing, it's like, look. I'm fine with,
516
00:41:27.625 --> 00:41:28.285
you know,
517
00:41:28.905 --> 00:41:37.370
understanding that the majority of people won't buy Bitcoin now, and they don't they won't realize it until it's significantly higher. But at the same time, like, I want my friends and family
518
00:41:38.150 --> 00:41:41.924
to not be that group. Like, I want my friends and family to get in ASAP,
519
00:41:43.105 --> 00:41:49.640
and that's why caps Odell just got like, the urgency got so high. I mean, people were asking me, like, in December, like, Matt, are you losing
520
00:41:49.940 --> 00:41:51.080
it? Well, in hindsight,
521
00:41:51.700 --> 00:41:52.600
it was $18,000
522
00:41:53.140 --> 00:41:53.800
in December.
523
00:41:54.635 --> 00:41:57.855
Obviously, I was fucking going crazy because, look, here we are. It's
524
00:41:58.315 --> 00:42:00.825
$54,000. Imagine if you could have bought it at $18,000.
525
00:42:01.330 --> 00:42:06.950
Me telling people to buy Bitcoin now does nothing for them. If if they could have bought it at $18,000
526
00:42:07.490 --> 00:42:12.965
3 months ago, and I'm not saying you're late because you're not. I think we could be at 200 k in a couple months,
527
00:42:13.505 --> 00:42:14.005
but
528
00:42:14.465 --> 00:42:19.365
the urgency is real. Right? The urgency is real when all of a sudden you're playing with billionaire FOMO.
529
00:42:20.049 --> 00:42:26.230
530
00:42:26.875 --> 00:42:34.520
And people are going to lose that opportunity very quickly. Right? If imagine if Bitcoin goes to a 100 k, how many people can buy Bitcoin really?
531
00:42:35.000 --> 00:42:40.540
Very few people will be able to actually get Bitcoin. Right? Well, they can stack sats. Everyone can stack sats.
532
00:42:41.160 --> 00:42:41.895
Yeah. But
533
00:42:42.295 --> 00:42:49.355
Right? Right? I'll tell you one more thing. You know, I one person gets in touch with me with the moon, like, December November.
534
00:42:50.040 --> 00:42:56.765
Bitcoin is pumping. Right? So he says that, oh, okay. I want I'm thinking of buying Bitcoin. Right? The price is at 16 k at that time.
535
00:42:57.085 --> 00:43:07.339
So I said, yeah. Go ahead. Go to Cash App and start buying there. Then he doesn't buy. Then the price runs up to 25. I say, oh, man. I lost the opportunity to buy. I said, you can buy now.
536
00:43:07.640 --> 00:43:09.819
Then he's saying, oh, it's a speculation.
537
00:43:10.440 --> 00:43:11.260
I said, yeah.
538
00:43:12.039 --> 00:43:12.940
It's a speculation.
539
00:43:13.240 --> 00:43:22.775
Don't don't buy if you have to and buy if you have to. But I I'm not gonna convince you to buy. Buy if you want to buy. But if you don't wanna buy, you know, fine. Stay stay where you are.
540
00:43:23.155 --> 00:43:24.775
541
00:43:25.100 --> 00:43:30.800
No. Realize is, like, is is is if you're in a bull market, obviously, in hindsight,
542
00:43:31.340 --> 00:43:32.640
a lump sum purchase,
543
00:43:33.494 --> 00:43:35.355
with all your money in your bank account,
544
00:43:35.815 --> 00:43:43.930
is a is a better deal. But the thing is people don't have conviction in the beginning, and this is why stacking stats is so powerful because it's way easier to convince someone to say,
545
00:43:44.390 --> 00:43:58.375
you know, Bitcoin's designed to pump forever. It's impossible to be late for an asset that's designed to pump forever. Just put $50 in a week. Put in $50 a week. You're not going to the bar because your government won't fucking let you go to the bar, and you're just taking that willy nilly. So take that $50
546
00:43:58.740 --> 00:43:59.960
and put it into Bitcoin,
547
00:44:00.260 --> 00:44:02.040
and worst comes to worst, you'll lose it.
548
00:44:02.420 --> 00:44:02.920
Yeah.
549
00:44:03.380 --> 00:44:05.320
Matt. Matt. Yes. Rock star.
550
00:44:05.780 --> 00:44:08.040
551
00:44:08.685 --> 00:44:10.865
Like, I I know how much
552
00:44:11.165 --> 00:44:16.865
you want to, like, get people to front run billionaires, but, like, you can't save everyone.
553
00:44:17.500 --> 00:44:20.880
554
00:44:22.220 --> 00:44:25.680
555
00:44:26.045 --> 00:44:27.745
But I don't know how many we can save.
556
00:44:28.685 --> 00:44:36.339
557
00:44:36.880 --> 00:44:39.780
go back to yourself. Like, you you just can't
558
00:44:40.240 --> 00:44:47.525
explain it to all the people. Plus, it's easy for us, man. I mean, we we've had conviction for, what, like,
559
00:44:47.905 --> 00:44:52.245
10 years it will be. It's it it's really easy, but you're underestimating, like, the
560
00:44:52.990 --> 00:44:56.670
estimating, like, the the bleep of fate it takes because,
561
00:44:58.270 --> 00:45:00.210
what you're saying, stacking sets,
562
00:45:00.535 --> 00:45:08.875
that's a great gateway into it, because when people, like, they start looking, get the price, and this and that. But you you also forget
563
00:45:09.240 --> 00:45:18.780
it's not like conviction is not easy. I mean, correct me if I'm wrong, but there was a podcast with you, Marty, and American Huddl,
564
00:45:19.595 --> 00:45:20.494
that legendary
565
00:45:20.795 --> 00:45:21.295
podcast,
566
00:45:21.595 --> 00:45:29.490
and you have Marty going, like, what if we're advertising this Bitcoin to people and, like, it it goes to 0.
567
00:45:30.190 --> 00:45:31.970
So even somebody like Marty
568
00:45:32.270 --> 00:45:33.010
has doubts.
569
00:45:33.550 --> 00:45:38.955
And then I DM ed Marty and said, Marty, don't worry. Uncle Rockstar has you covered. Bernardo.
570
00:45:41.095 --> 00:45:43.435
And he was like, okay, man. Let's go.
571
00:45:44.295 --> 00:45:53.760
And what was the price during that episode? It was, like, 9 k or something. It was, yeah, it was, like, 5 k or something, like, 6 k. It was yeah. The Imagine if you could buy a 9 k again.
572
00:45:54.635 --> 00:45:55.375
573
00:45:55.675 --> 00:45:56.175
going.
574
00:45:56.955 --> 00:45:57.935
575
00:45:58.235 --> 00:45:59.515
like, there was this,
576
00:45:59.915 --> 00:46:04.415
like, launch that I think it was American Huddl, MBK,
577
00:46:05.500 --> 00:46:06.640
me, and Huddl.
578
00:46:07.020 --> 00:46:11.200
Obviously, Huddl did, like, Bitcoin is never going under 10 k ever again.
579
00:46:12.974 --> 00:46:16.994
Prepare the lock like, 25 times or something. Yeah. Yeah. But but
580
00:46:17.295 --> 00:46:25.559
this time, like, I was in it because I am this whole Green Boy thing that you're projecting, it's not like I'm picking it up as
581
00:46:26.200 --> 00:46:28.460
and I was at 8 k. So,
582
00:46:29.425 --> 00:46:34.805
I think American HODL, like no. I did 6 k. I was like, we'll never see Bitcoin
583
00:46:35.185 --> 00:46:36.165
at 6 k.
584
00:46:37.240 --> 00:46:45.900
MBK did, no. American Huddl did we'll never see Bitcoin under 7 k. MBK was 8, and somebody was 9, and then
585
00:46:46.505 --> 00:46:47.325
it was, like,
586
00:46:48.185 --> 00:46:51.605
final boss at 10, and that was, like, the last time. So
587
00:46:52.984 --> 00:46:55.385
because it it takes a village, man, and,
588
00:46:56.339 --> 00:46:57.319
I just think
589
00:46:57.619 --> 00:47:01.079
you're you're doing great. Just, like, don't be so hard on yourself.
590
00:47:02.500 --> 00:47:07.435
I stack harder. Do what you can do. Like, don't worry about stuff you can do.
591
00:47:07.735 --> 00:47:17.410
592
00:47:17.790 --> 00:47:21.170
You know, I I can talk for myself. Right? I can say that,
593
00:47:21.944 --> 00:47:24.525
the conviction that I have now is definitely,
594
00:47:25.145 --> 00:47:34.570
more than the conviction that I had 2 years back. Right? Which means that I could got I could get more Bitcoin than I have right now, and that's the same for everyone. Everybody has,
595
00:47:35.670 --> 00:47:42.475
less Bitcoin when than what they can they could have had. Right? So and I don't have any Bitcoin. You guys have Bitcoin?
596
00:47:42.855 --> 00:47:43.355
Yeah.
597
00:47:44.615 --> 00:47:46.875
598
00:47:47.520 --> 00:47:58.055
in in March in March panic sell at, like, 35100, and I've just been doing the podcast and pretending I didn't this whole time. There is this guy on the Internet, like, American Huddle. He he says he has, like, 615.
599
00:47:58.355 --> 00:48:00.695
600
00:48:01.234 --> 00:48:02.935
He acts like point 15.
601
00:48:03.555 --> 00:48:04.855
602
00:48:05.400 --> 00:48:12.940
So, what was I gonna say? That that conviction thing is very interesting. Right? Because you get Yeah. I I I see a ton of times from,
603
00:48:14.464 --> 00:48:16.644
you know, like, my pre Bitcoin friends.
604
00:48:17.505 --> 00:48:24.270
They tell me that they're too late and that I got I got in early. Right? Yeah. And and at the same time,
605
00:48:25.690 --> 00:48:42.610
you know, I I'm still stacking. I stack every day. And, like, they think I'm early and they're late, but meanwhile, I'm stacking more than they're stacking right now. Exactly. You know, which is like a crazy concept. And and one thing I've noticed that does work actually pretty well, at least with your close friends, because you
606
00:48:42.910 --> 00:48:47.010
you know, there's there's OPSEC issues. You should never tell anyone how much Bitcoin you own,
607
00:48:48.065 --> 00:48:50.325
but I think there is some worth to telling
608
00:48:50.785 --> 00:48:55.684
your close friends how much you're stacking on a daily basis because that does kind of
609
00:48:56.010 --> 00:48:59.710
show them your level it it it puts a number on the on your level of conviction.
610
00:49:00.970 --> 00:49:02.109
611
00:49:03.075 --> 00:49:16.910
No. You like, MBK had the best stands where people ask, should I buy Bitcoin? You say no. Maybe that's not for you. No. Fuck that shit, dude. I'm gonna I'm gonna be taking care of these people otherwise. No, man. Like, you can't this is the thing. Also, you have insider information.
612
00:49:17.369 --> 00:49:21.325
Get any of your friends. No. Get What insider information do I have?
613
00:49:22.425 --> 00:49:24.445
Well, you have connection with me,
614
00:49:24.745 --> 00:49:29.470
and you know how awesome I am, and then you were like, okay. This guy is in Bitcoin ecosystem.
615
00:49:29.850 --> 00:49:32.590
616
00:49:33.130 --> 00:49:35.470
all my alpha publicly for free
617
00:49:35.775 --> 00:49:47.230
for the last, like Yes. 8 years I've been doing that. Okay? And it's still not priced in. That's that's how ridiculous this fucking thing is. There's bad takes on the daily. They're talking about NFTs on CNBC.
618
00:49:47.690 --> 00:49:48.170
619
00:49:48.490 --> 00:49:55.994
620
00:49:56.615 --> 00:49:58.315
you know, European Tesla?
621
00:49:58.615 --> 00:50:01.914
And and and they're trying like, trying to buy all these shitcoin stocks.
622
00:50:02.750 --> 00:50:05.569
And meanwhile, this whole time, I'm just just
623
00:50:05.869 --> 00:50:11.010
publicly broadcasting all my alpha, and they just don't even realize. Like, they they still have not realized.
624
00:50:11.745 --> 00:50:16.005
625
00:50:19.185 --> 00:50:20.405
626
00:50:21.380 --> 00:50:26.520
627
00:50:26.980 --> 00:50:38.155
628
00:50:38.839 --> 00:50:41.339
629
00:50:41.880 --> 00:50:48.085
it's insider. You're, like, insider information, man. Like, it takes time to read about, you know, the history of Cypherpunks
630
00:50:48.385 --> 00:50:51.605
and understand that, you know, 30 years ago, some people
631
00:50:51.985 --> 00:51:01.710
were already seeing what information will do to people, how it will drive them mad, how you will have ability to because information will be generated like 100 x,
632
00:51:02.010 --> 00:51:06.015
you you will be able to point information in direction of certain group
633
00:51:06.795 --> 00:51:08.575
and make them go, like, insane,
634
00:51:08.954 --> 00:51:13.375
which is what's happening daily with all these people that you're, like, hooked up to.
635
00:51:13.680 --> 00:51:22.980
636
00:51:23.964 --> 00:51:26.285
about things I wanted to talk about. It's just, like, in these
637
00:51:27.005 --> 00:51:31.265
well, I was gonna say I mean, you're right. Like, it's just a society thing. Like, I have
638
00:51:31.710 --> 00:51:35.170
I have on on Twitter right now, I have this guy, Jared Dillian,
639
00:51:35.630 --> 00:51:38.405
at daily dirt nap. He was on Tales from the Crypt. I like him.
640
00:51:38.965 --> 00:51:39.945
He bought Bitcoin,
641
00:51:40.645 --> 00:51:43.225
then he sold Bitcoin, and he did his you know,
642
00:51:43.685 --> 00:52:04.370
the worst thing you could ever do, right, which is send out the tweet, like, I sold all my Bitcoin. But you're just, like first of all, you're just you're just asking to get just trolled for the rest of your life until you publicly buy back in. And then second of all, like, it's obviously gonna pump in your face when you do that. And he tweeted out just now, I hope everyone realizes this was a bear market rally. And he's not even talking about Bitcoin. He's talking about, like, tech stocks and shit.
643
00:52:05.490 --> 00:52:14.585
But he's just on such a different level that, like, why does that even tweet even fucking matter? Like, why why is why is that a thought that even fucking matter? First of all, there's,
644
00:52:15.285 --> 00:52:17.945
like, there's no such thing as a bear market in a hyperinflationary
645
00:52:18.405 --> 00:52:30.275
environment when they're just gonna print money and and make sure bear markets don't exist. So he's, like, completely out of place on that. I mean, stocks are designed to pump forever as well. Oh, and stocks aren't designed to pump forever, but they will pump until the hyperinflationary
646
00:52:30.735 --> 00:52:31.555
event ends.
647
00:52:32.815 --> 00:52:36.720
But, like, he's just on completely cloud 9. Like, he's not even concentrating on what matters.
648
00:52:37.359 --> 00:52:42.580
No. Jared, someone in the comments asked if he's a comedian. He's not a comedian. He talks about important things.
649
00:52:43.760 --> 00:52:45.775
Yeah. But that's Daily dirt and app.
650
00:52:46.734 --> 00:52:47.714
651
00:52:48.015 --> 00:52:51.234
the luxury that fiat economy gives you because
652
00:52:51.535 --> 00:52:54.914
you can be so much wrong and still be so well off.
653
00:52:56.190 --> 00:53:02.850
And, yep, it's what what I'm telling you, man, like, you you're too hard on yourself. Like, I now realize
654
00:53:03.345 --> 00:53:03.845
It's
655
00:53:04.305 --> 00:53:05.045
just, again,
656
00:53:05.505 --> 00:53:12.565
repeating the main, like, lesson, which is, like, you can only wish for people as much as they wish for for themselves.
657
00:53:13.069 --> 00:53:13.390
And,
658
00:53:14.750 --> 00:53:17.170
anybody watching this and we're not persuasive,
659
00:53:17.470 --> 00:53:20.049
come to Miami Bitcoin conference, and
660
00:53:20.575 --> 00:53:24.994
only then you can buy Bitcoin. Like, that's one extra hoop, so we'll we'll invent more.
661
00:53:25.855 --> 00:53:30.060
662
00:53:30.839 --> 00:53:33.420
So during during the bull market, there's so much noise.
663
00:53:33.720 --> 00:53:37.165
There's so much noise. The signal gets hidden. All the charlatans come out.
664
00:53:37.565 --> 00:53:41.345
Everyone on Twitter is just going for, like, the lowest hanging engagement fruit.
665
00:53:42.525 --> 00:53:44.145
It is super exhausting,
666
00:53:45.410 --> 00:53:51.030
and I just want the freaks to realize, like, just have fun with it. Like, just don't let it get to you too much.
667
00:53:52.849 --> 00:53:53.750
Stay focused,
668
00:53:54.174 --> 00:53:57.535
you know, that sats matter more than engagement, and don't,
669
00:53:59.295 --> 00:54:00.835
I don't know. Just don't don't
670
00:54:01.190 --> 00:54:03.850
don't, like, sell out your soul from some little,
671
00:54:04.630 --> 00:54:09.030
you know, little engagement gains, just getting the the likes or or, like
672
00:54:09.625 --> 00:54:18.045
you know, the NFTs are, like, a perfect example. It's like anyone who just doesn't care about their audience can just squeeze them dry for as as much money as possible.
673
00:54:20.250 --> 00:54:24.510
And and and there's a there's a big push in bull markets to be like,
674
00:54:24.810 --> 00:54:26.190
we're all in this together.
675
00:54:26.935 --> 00:54:29.515
Why are you attacking us? We're all doing well.
676
00:54:29.895 --> 00:54:34.475
Like, just jog off. Just be like, why are you so pessimist?
677
00:54:34.775 --> 00:54:37.359
Why why aren't you just chill or whatever?
678
00:54:38.380 --> 00:54:39.760
And it's just exhausting.
679
00:54:41.339 --> 00:54:41.839
Yeah.
680
00:54:42.380 --> 00:54:45.760
681
00:54:46.085 --> 00:54:48.904
significant dip as the market started bump pumping.
682
00:54:49.525 --> 00:54:50.265
I cannot
683
00:54:51.285 --> 00:54:52.984
I find it so hard to focus
684
00:54:53.285 --> 00:54:54.505
with all this noise.
685
00:54:56.330 --> 00:54:56.910
686
00:54:57.850 --> 00:55:05.455
I find it hard to focus on this stream because I'm not in the center, but price is in the center. Like, what is this, man? Come on. I'm like,
687
00:55:06.075 --> 00:55:07.615
there we go. Okay.
688
00:55:08.315 --> 00:55:08.815
Percent.
689
00:55:09.835 --> 00:55:11.115
Take them. There
690
00:55:11.835 --> 00:55:12.630
you have.
691
00:55:13.109 --> 00:55:15.529
692
00:55:16.230 --> 00:55:20.650
693
00:55:21.435 --> 00:55:25.135
694
00:55:25.595 --> 00:55:28.015
doesn't matter. Like, price is the most important
695
00:55:28.315 --> 00:55:28.815
metric.
696
00:55:29.150 --> 00:55:32.049
No. It is it is literally the most important
697
00:55:32.349 --> 00:55:34.530
metric. It it is the free market
698
00:55:35.230 --> 00:55:36.609
telling us the current
699
00:55:37.145 --> 00:55:48.130
valuation of Bitcoin. No. It it is it is it is the the the the number one most important metric we have in Bitcoin. No. But I I just don't think that people I think people need to be aware that in bull markets,
700
00:55:48.910 --> 00:55:51.730
the charlatans come out, the scammers come out.
701
00:55:53.695 --> 00:56:02.675
You know, the the growth marketers and the growth hackers and shit come out. Yeah. And it's just exhausting, and and a lot of people feel like they need to keep up with the Joneses,
702
00:56:03.240 --> 00:56:06.140
you know, in that respect. And so, like, a lot of people
703
00:56:07.400 --> 00:56:09.740
who you might otherwise have respect for,
704
00:56:10.280 --> 00:56:17.965
fall down that hole, and it's important, you know, not not to be one of those people, I think, long term. I think I think this is something that that you should just,
705
00:56:18.345 --> 00:56:19.565
you know, be aware of.
706
00:56:20.240 --> 00:56:28.500
707
00:56:29.255 --> 00:56:30.635
There will always be,
708
00:56:30.935 --> 00:56:34.555
like, these people. So you you must not become discouraged.
709
00:56:34.935 --> 00:56:39.470
Like, they're just it's a professional like any other, you know, like, signaling expertise,
710
00:56:41.450 --> 00:56:45.470
and since it's the way that things are, like, the important thing is just to not
711
00:56:46.154 --> 00:56:47.934
let that corrupt you.
712
00:56:48.954 --> 00:56:58.859
Like, it's a failure. It's but it's not even a failure, man. It's just how things are, and there is a space for all of us. Like, then those people don't get exactly.
713
00:56:59.799 --> 00:57:01.420
They they don't get to to
714
00:57:02.345 --> 00:57:10.845
enjoy the things that you're enjoying, and, yeah, they can they can have their, like, Twitter likes and a little bit of fiat cash, but
715
00:57:11.190 --> 00:57:11.930
they don't
716
00:57:13.110 --> 00:57:16.330
get the enjoyment of hard work that you were doing, and
717
00:57:16.950 --> 00:57:22.555
718
00:57:24.055 --> 00:57:25.515
I can't report impersonators
719
00:57:25.815 --> 00:57:27.275
unless I upload KYC
720
00:57:27.750 --> 00:57:28.890
and blue check myself?
721
00:57:29.430 --> 00:57:29.930
Yes.
722
00:57:30.309 --> 00:57:30.809
723
00:57:31.190 --> 00:57:38.984
724
00:57:39.285 --> 00:57:40.744
was I was, like, honestly,
725
00:57:41.605 --> 00:57:47.410
the blue checks can go fuck themselves. I don't care if my audience gets scammed. That's, like, my most recent email to them.
726
00:57:47.710 --> 00:57:57.475
727
00:57:58.415 --> 00:58:00.995
728
00:58:01.695 --> 00:58:02.195
729
00:58:04.090 --> 00:58:10.030
730
00:58:10.330 --> 00:58:12.190
731
00:58:13.905 --> 00:58:16.405
732
00:58:20.840 --> 00:58:26.140
733
00:58:26.599 --> 00:58:27.099
734
00:58:27.720 --> 00:58:30.685
735
00:58:33.225 --> 00:58:35.085
and I do have a
736
00:58:35.465 --> 00:58:37.965
they rug pulled my my my
737
00:58:38.760 --> 00:58:50.125
my promo code. I don't make any money from the promo code. I was getting 21% off to anyone who used it. Now they've moved it down to 15%. It's still the best, promo code. So it's it's all caps, humble.
738
00:58:50.665 --> 00:58:54.365
So if you are gonna come use that code, that's b dot
739
00:58:54.910 --> 00:58:58.210
t c slash conference. They have, like, a great fucking domain name.
740
00:58:58.670 --> 00:59:05.165
But besides that, the the big thing that I'm I'm championing over there, and I just got the green light from the c CEO,
741
00:59:05.465 --> 00:59:06.365
David Bailey,
742
00:59:07.145 --> 00:59:07.645
is
743
00:59:08.505 --> 00:59:14.180
we're gonna have a whole open source workshop section, and it's gonna be devoted all to open source software.
744
00:59:15.760 --> 00:59:16.579
No charge,
745
00:59:16.880 --> 00:59:19.380
but, like, they have to be on, like, the MAT approved list.
746
00:59:20.444 --> 00:59:22.785
And I would really love if if RTL
747
00:59:23.405 --> 00:59:26.305
and BTC pay server was there. So I figured
748
00:59:26.660 --> 00:59:31.240
I might as well have you both on the podcast and ask you on the spot live,
749
00:59:32.500 --> 00:59:35.395
if if your projects would be interested in joining us.
750
00:59:37.235 --> 00:59:37.735
751
00:59:39.875 --> 00:59:41.095
752
00:59:41.795 --> 00:59:43.895
753
00:59:45.740 --> 00:59:49.520
754
00:59:49.900 --> 00:59:52.960
755
00:59:53.340 --> 00:59:54.685
756
00:59:55.065 --> 00:59:57.645
757
00:59:58.425 --> 00:59:58.925
Bitcoin.
758
00:59:59.705 --> 01:00:03.660
We're gonna have, like, 10,000 Bitcoiners. We're gonna have, like, congressmen,
759
01:00:03.960 --> 01:00:04.460
billionaires,
760
01:00:05.880 --> 01:00:06.380
plebs,
761
01:00:07.000 --> 01:00:07.500
$200,000
762
01:00:08.119 --> 01:00:08.619
Bitcoin,
763
01:00:09.480 --> 01:00:13.255
open source workshops, build your own node, accept payments,
764
01:00:14.515 --> 01:00:17.974
fucking do coin joins in person. Like, it's gonna be a fucking blast.
765
01:00:18.290 --> 01:00:19.830
766
01:00:21.170 --> 01:00:27.510
767
01:00:28.335 --> 01:00:35.900
768
01:00:36.200 --> 01:00:38.700
and you'll come to Miami, like, oh, no. It's not.
769
01:00:40.920 --> 01:00:44.915
770
01:00:45.615 --> 01:00:48.995
like, I think people would be fine with that too. Like, we'd still have a good party.
771
01:00:49.855 --> 01:00:54.530
772
01:00:55.150 --> 01:00:59.730
me, but this other awesome Bitcoiner, Dan Held, he said it it won't.
773
01:01:00.095 --> 01:01:01.475
He's right. You're wrong.
774
01:01:01.935 --> 01:01:06.595
775
01:01:07.455 --> 01:01:07.955
776
01:01:08.380 --> 01:01:10.480
who has more followers, you or Dan?
777
01:01:11.260 --> 01:01:14.720
778
01:01:15.475 --> 01:01:15.975
779
01:01:16.275 --> 01:01:22.135
that that will be another my my point is because Dan has all the bots and everything else,
780
01:01:24.380 --> 01:01:24.880
because,
781
01:01:26.140 --> 01:01:26.720
of Dell.
782
01:01:27.020 --> 01:01:27.680
It's just
783
01:01:28.300 --> 01:01:29.520
yeah. Yeah. It's illustration
784
01:01:29.820 --> 01:01:36.905
how unfair the world is, but that's exactly where you and me, Matt, operate. We operate in that, like, environment where
785
01:01:37.445 --> 01:01:41.680
you fix the wrong and, you know, you you make a better system.
786
01:01:42.140 --> 01:01:49.565
And you just need to stay focused inward rather than outwards because and stay humble. So
787
01:01:50.105 --> 01:02:00.500
I'll I'll just keep talking on this podcast because all I'm hearing from you, you've been too hard on yourself, man. Like, you're you're doing phenomenal, and you're like, no. It's not 200 k. It's only 1:30.
788
01:02:01.280 --> 01:02:06.885
We need to support you more, Matt. Freaks, please support Matt more. He needs it. He needs our support.
789
01:02:08.305 --> 01:02:09.525
790
01:02:11.185 --> 01:02:17.460
you know, some days I wake up in the morning, I'm like, I I haven't done enough, and then other days I wake up in the morning and I just I
791
01:02:17.920 --> 01:02:24.065
or I wake up in the morning, I'm just like, I'm a failure. And then other days I wake up in the morning and I just have to remind myself to stay humble.
792
01:02:25.244 --> 01:02:32.849
Like, I literally like, that's a it's a meme now, but I I, like, look in the mirror in the morning. I'm, like, I stay humble, man. I actually say it out loud like a fucking crazy person.
793
01:02:34.750 --> 01:02:35.410
I don't
794
01:02:35.869 --> 01:02:42.275
know if that's healthy or not. It's probably I think it's probably a little bit healthier than not healthy in terms of a bull market.
795
01:02:43.375 --> 01:02:51.230
796
01:02:51.850 --> 01:03:00.345
797
01:03:00.805 --> 01:03:02.745
It's gonna be fucking ridiculous.
798
01:03:03.445 --> 01:03:05.305
Even if we're at, like, a humble 110,
799
01:03:06.760 --> 01:03:15.495
I think it'll be ridiculous, but I really do not think we're are are we gonna bet on it, by the way? Are you gonna go bearish Bitcoin? What what are you? You're gonna say under 200 k by conference day?
800
01:03:16.455 --> 01:03:20.155
801
01:03:20.615 --> 01:03:22.715
802
01:03:23.020 --> 01:03:23.520
The
803
01:03:24.780 --> 01:03:25.280
804
01:03:25.740 --> 01:03:26.720
The yeah.
805
01:03:27.500 --> 01:03:33.005
806
01:03:33.644 --> 01:03:39.265
Yeah. So that was good. I'll bet you drinks, but you have to show up. You have to buy me drinks even if you don't show up, I guess.
807
01:03:39.724 --> 01:03:40.865
808
01:03:41.550 --> 01:03:47.490
I will buy this great thing, Bitcoin, and if I don't show up, I just put you on a webcam and then I send
809
01:03:47.790 --> 01:03:50.325
Bitcoin like you'll be a Paula feet. Or
810
01:03:51.665 --> 01:03:56.885
811
01:03:57.359 --> 01:04:09.875
Well, you said 200 k, man. Like, I don't I don't I know. Well, yeah, I'm putting my balls on the table. If you just wanna take if you wanna take my top line offer and use that as the bet, then by all means, we can do that, but that's that's that's on you. Man, I I could
812
01:04:10.175 --> 01:04:15.635
813
01:04:15.950 --> 01:04:28.735
814
01:04:30.955 --> 01:04:37.780
you know, 200 k is a little bit ambitious probably, you know, but you gotta go top line. You gotta go top line on these kind of things.
815
01:04:38.560 --> 01:04:43.215
And so I so I did go top line. But I I'm I'm happy I'm happy to bet 200
816
01:04:43.675 --> 01:04:44.895
k conference day.
817
01:04:48.075 --> 01:04:51.215
The the other person the other person has to buy 5 drinks.
818
01:04:52.280 --> 01:04:53.980
819
01:04:55.640 --> 01:05:01.245
820
01:05:01.805 --> 01:05:04.605
Can a bottle be a drink? Like, what is like, how do we
821
01:05:06.045 --> 01:05:09.745
822
01:05:10.045 --> 01:05:13.170
We we know, like, both is good. So
823
01:05:13.790 --> 01:05:17.090
824
01:05:17.790 --> 01:05:20.930
825
01:05:21.855 --> 01:05:23.875
who yeah. This is perfect.
826
01:05:24.655 --> 01:05:27.155
827
01:05:29.670 --> 01:05:39.905
Listen. It's too bad to me. I accept it. The funny like like like, Rockstar has the better end of this deal here because if it's over 200 k, you can easily afford the 10 drinks.
828
01:05:40.285 --> 01:05:44.545
829
01:05:45.770 --> 01:05:47.470
Like, I'm a developer.
830
01:05:47.850 --> 01:05:51.070
I'm working on strike. I'm, like, taking my, you know,
831
01:05:51.930 --> 01:05:53.230
salary in dollars,
832
01:05:53.530 --> 01:05:55.685
then, you know, I buy McDonald's
833
01:05:56.145 --> 01:05:56.645
because
834
01:05:57.425 --> 01:05:59.925
I don't earn much, but I'm happy,
835
01:06:00.625 --> 01:06:22.500
836
01:06:23.605 --> 01:06:34.230
Are are you sure you won't be at that conference? Because now it's definitely cancel Rockstar at the conference. Yeah. We can have a full you know, I'm telling you, I'm helping them put it together. We can have a full
837
01:06:34.690 --> 01:06:38.115
cancel Rockstar side event. You know, maybe we can do a dunk tank.
838
01:06:38.515 --> 01:06:43.095
What what if if what about this Rockstar? If the price is over 200 k for the conference,
839
01:06:43.555 --> 01:06:46.695
would you be willing to to sit in a dunk tank,
840
01:06:47.210 --> 01:06:47.710
in
841
01:06:48.170 --> 01:06:49.230
the in the conference
842
01:06:49.850 --> 01:06:57.775
in the outside area of the conference and and get dunked by random freaks? I guess we could have it, like, lightning enabled just to keep it on on on brand. Well,
843
01:06:58.714 --> 01:07:00.155
844
01:07:00.714 --> 01:07:02.815
with this video stream and stuff,
845
01:07:03.434 --> 01:07:03.934
no.
846
01:07:04.395 --> 01:07:05.660
Did all all,
847
01:07:06.140 --> 01:07:12.640
that's the thing on conferences. Like, I likely won't be speaking at any conference. Like, all rock star events are after midnight.
848
01:07:13.345 --> 01:07:13.845
So,
849
01:07:14.785 --> 01:07:24.490
whatever you can organize with Bitcoin conference is, like, after midnight with rock star team. Because in Berlin, we we had this, like, running around the block.
850
01:07:24.869 --> 01:07:35.204
And there was Gigi. Gigi was also running with me, and he was like, okay. Now I hate big big blocks even more because it's such a it's, like, such a big block to run around,
851
01:07:36.600 --> 01:07:36.840
and,
852
01:07:37.720 --> 01:07:39.820
stuff like that. I mean, we were wasted,
853
01:07:40.760 --> 01:07:41.900
completely. So
854
01:07:42.520 --> 01:07:44.135
event like that, yes, definitely.
855
01:07:47.495 --> 01:07:47.995
856
01:07:49.735 --> 01:07:55.609
857
01:07:56.550 --> 01:08:04.765
And he didn't even he didn't even hear the harsh shit I said on the podcast. He probably wasn't listening to live stream. He had no idea what's going on. He just didn't like my lowercase nah.
858
01:08:05.385 --> 01:08:10.150
Like, see, that's what I'm talking about. Those people can have fun staying poor. I'm fine with that. But,
859
01:08:10.849 --> 01:08:15.589
it's the other people. It's the it's it's the people that I I I don't know. Just
860
01:08:17.165 --> 01:08:21.185
I can't believe it just blocked me over that. That's fucking crazy. I gotta stop paying attention to Twitter.
861
01:08:21.725 --> 01:08:26.560
So let's let's so we have you we have you lined up for an after dark dunk tank. Is that what I hear?
862
01:08:27.120 --> 01:08:31.300
863
01:08:31.760 --> 01:08:47.560
me, fellow Bitcoin, are here, like, on your podcast pumping the audience, being like, okay. This is a great inside story with their Gigi. And you're, like, overwhelmed with information, caring if some, like, random guy blocked. Well, the only reason I'm looking at Twitter is because you're fucking tweeting. So
864
01:08:47.960 --> 01:08:53.435
Well, I'm a rock star, man. Okay. Like, let let's do like, we're doing a deal already. Like, you and me, we have,
865
01:08:53.915 --> 01:08:55.215
the, like,
866
01:08:55.915 --> 01:09:08.050
trip setup where I you will help me become a dream boy and change the future, and I'll I'll show you how to be a rock star. I can't believe you blocked me. That was just okay. Whatever. It doesn't matter.
867
01:09:09.045 --> 01:09:11.465
868
01:09:12.085 --> 01:09:18.310
So I I'm excited for both of you to be in Miami. I'm looking forward to it. It'll be good. I'm excited to see all the freaks down there.
869
01:09:19.430 --> 01:09:23.690
It'll be a good party. Bitblock Boom already got sold out in August, which is crazy.
870
01:09:26.375 --> 01:09:33.435
I told people, but no Good to see. You know what happened? It was all the people that missed. All the people that were there with me in 2020
871
01:09:34.080 --> 01:09:36.500
all bought right away, and then the people
872
01:09:37.119 --> 01:09:38.099
who who
873
01:09:38.400 --> 01:09:41.860
were too scared to come because of the pandemic, they all FOMO bought.
874
01:09:42.835 --> 01:09:47.735
So so it just resulted in the whole conference just getting sold out super fucking quickly,
875
01:09:49.075 --> 01:09:51.255
because that that that was, like and
876
01:09:51.630 --> 01:09:54.210
that's that was an event that'll never be replicated
877
01:09:54.750 --> 01:09:58.210
because we had a fucking 200 person conference in the middle of a pandemic.
878
01:09:59.844 --> 01:10:05.145
And I I mean, I hope it can never be replicated. Like, I I prefer if we don't have a whole worldwide lockdown
879
01:10:05.500 --> 01:10:06.640
where we have to test,
880
01:10:07.180 --> 01:10:09.440
who will who will come to the Bitcoin conference.
881
01:10:10.300 --> 01:10:13.120
So I I I think as far as I'm concerned,
882
01:10:13.755 --> 01:10:21.775
and and John Valles and Michael Sailor won't be happy about it, but I I think that was really the 100 k party. I think that'll never be replaced as a 100 k party.
883
01:10:22.750 --> 01:10:29.215
But that's just between me and and all the guys that were down there at Bitbuckle, and the ladies. We had a lot of ladies for a Bitcoin event.
884
01:10:30.415 --> 01:10:33.074
We had, like, a massive 7 or 8% ladies,
885
01:10:33.775 --> 01:10:38.594
886
01:10:40.070 --> 01:10:46.409
I did not. No. Is it down with Matt O'Dell? Never replicated. No. No. I'm I'm trying to yeah.
887
01:10:46.845 --> 01:10:51.185
888
01:10:51.485 --> 01:10:58.290
Yes. This this show is about having my friends on so I can dunk on you guys. Like, I don't have, like, strangers on the show. Yes.
889
01:10:59.550 --> 01:11:02.530
That that's the whole point. Like, what why are we here? Like,
890
01:11:02.885 --> 01:11:05.864
we're just having a fun time. It's a Bitcoin Tuesday with the freaks.
891
01:11:08.164 --> 01:11:12.425
We're just we're all we're all getting blocked by random Twitter accounts together. Like, this is what it's about.
892
01:11:13.070 --> 01:11:14.690
Podcast app on Graphene,
893
01:11:15.469 --> 01:11:15.969
antennapod
894
01:11:16.349 --> 01:11:19.809
in F droid is great. John Devine asked in the comments.
895
01:11:21.205 --> 01:11:26.105
So I wanted to pivot a little bit here, Rockstar. You're big in
896
01:11:27.045 --> 01:11:27.925
you you you
897
01:11:28.520 --> 01:11:35.180
you've been mainly focused on on 2 different projects. 1 is lnstryke, and 1 is btc pay server.
898
01:11:35.560 --> 01:11:37.740
Both are have a heavy lightning focus.
899
01:11:39.185 --> 01:11:41.125
Ellen Strike is a
900
01:11:42.785 --> 01:11:45.845
well, I guess before we even start before we even start this,
901
01:11:46.370 --> 01:11:48.550
how would you explain lightning rock star?
902
01:11:54.645 --> 01:11:55.545
903
01:11:56.405 --> 01:12:00.025
I would somehow play with the concept of settlement, like
904
01:12:00.405 --> 01:12:00.905
instant
905
01:12:01.500 --> 01:12:02.000
physical
906
01:12:02.619 --> 01:12:03.360
settlement, physical
907
01:12:04.219 --> 01:12:06.880
play, emphasize what's actually happening is that
908
01:12:08.460 --> 01:12:09.519
party and counterparty,
909
01:12:09.980 --> 01:12:10.480
they're,
910
01:12:10.825 --> 01:12:16.285
like, literally settling at that moment, which you don't even have on Bitcoin,
911
01:12:17.145 --> 01:12:18.500
you know, on chain.
912
01:12:18.980 --> 01:12:26.840
913
01:12:27.395 --> 01:12:31.415
Okay. Suheb Suheb, what is lightning for the freaks that don't know what lightning is?
914
01:12:31.795 --> 01:12:33.015
915
01:12:33.555 --> 01:12:36.969
Yeah. The simplest form is a think of it as a bar tab system,
916
01:12:37.989 --> 01:12:39.750
right, which allows you to make,
917
01:12:40.150 --> 01:12:40.650
payments,
918
01:12:41.510 --> 01:12:42.010
quickly,
919
01:12:42.389 --> 01:12:43.449
and then settle,
920
01:12:45.245 --> 01:12:45.405
921
01:12:46.125 --> 01:12:47.264
922
01:12:47.645 --> 01:12:52.705
in form of a channel open or channel channel close. Right? So it's think of it as a bar tab
923
01:12:53.179 --> 01:12:54.560
for making fast payments.
924
01:12:56.380 --> 01:12:59.600
925
01:13:00.619 --> 01:13:04.295
That's yeah. I I that that's pretty good. I mean, I it's
926
01:13:05.155 --> 01:13:07.815
it's it's a way for you to sell send
927
01:13:08.595 --> 01:13:09.095
smaller,
928
01:13:09.555 --> 01:13:10.535
lower cost,
929
01:13:11.370 --> 01:13:12.910
higher speed payments,
930
01:13:15.770 --> 01:13:19.150
than if you were using just a regular Bitcoin on chain.
931
01:13:19.450 --> 01:13:19.950
932
01:13:21.085 --> 01:13:25.105
933
01:13:25.805 --> 01:13:26.865
934
01:13:28.480 --> 01:13:29.700
Angeles, Suheb,
935
01:13:30.080 --> 01:13:33.860
you're a winner. You win this one. Light lightning lightning
936
01:13:34.240 --> 01:13:37.620
937
01:13:38.225 --> 01:13:41.685
than you would otherwise, and it has certain trust trade offs
938
01:13:42.225 --> 01:13:43.445
that are acceptable
939
01:13:44.065 --> 01:13:50.220
because we just try and minimize them as much as possible, and you have the fee and time savings. How's that? That's pretty good.
940
01:13:52.395 --> 01:13:58.094
941
01:13:59.275 --> 01:14:07.650
942
01:14:08.510 --> 01:14:09.010
Yeah.
943
01:14:09.415 --> 01:14:13.115
And you won't even realize. Right? Is that that's really the
944
01:14:13.655 --> 01:14:17.275
945
01:14:18.260 --> 01:14:19.000
946
01:14:19.699 --> 01:14:27.000
that's where I come in with my view of the future when I say that, like, lightning will mostly be, like, enterprise
947
01:14:28.855 --> 01:14:30.155
level, like, hosted.
948
01:14:30.455 --> 01:14:30.955
And
949
01:14:31.815 --> 01:14:32.535
and you
950
01:14:33.415 --> 01:14:40.699
I don't know how much we agree on this, Matt, that, like, majority of of lightning nodes will be exchanges like Okcoin and Big entities.
951
01:14:41.079 --> 01:14:50.235
952
01:14:50.775 --> 01:14:57.489
953
01:14:58.670 --> 01:14:59.170
cypherpunk,
954
01:15:00.270 --> 01:15:00.770
association
955
01:15:01.150 --> 01:15:09.175
956
01:15:09.875 --> 01:15:13.015
957
01:15:13.320 --> 01:15:13.640
Just
958
01:15:14.680 --> 01:15:19.080
959
01:15:21.435 --> 01:15:26.095
one one is a public node and one is is is a node that isn't attributed to me,
960
01:15:26.715 --> 01:15:30.335
and they both are Tor only routing nodes. Right?
961
01:15:30.670 --> 01:15:32.530
And they're always gonna be at a disadvantage
962
01:15:32.989 --> 01:15:33.809
to ClearNet's
963
01:15:34.989 --> 01:15:35.809
highly connected,
964
01:15:36.349 --> 01:15:36.929
you know,
965
01:15:37.710 --> 01:15:39.010
enterprise nodes. Right?
966
01:15:40.865 --> 01:15:48.245
Yep. This is But they exist. They exist. And as long as we have those routing nodes, as long as we have Tor only routing nodes,
967
01:15:48.790 --> 01:15:54.330
a sovereign user can always connect their node to one of those nodes, and they'll have a hop
968
01:15:54.950 --> 01:15:55.850
that is
969
01:15:56.355 --> 01:16:00.935
onion only, that's Tor only before they go into enterprise network.
970
01:16:01.955 --> 01:16:05.975
971
01:16:06.980 --> 01:16:07.560
on which,
972
01:16:08.260 --> 01:16:14.255
yeah, we will need to to battle and It's gonna be bad. Yeah. No. But, Roxas, do you mean,
973
01:16:14.875 --> 01:16:16.095
974
01:16:16.635 --> 01:16:17.295
will be,
975
01:16:18.795 --> 01:16:31.534
976
01:16:32.155 --> 01:16:34.094
it's obviously gonna be the KYC
977
01:16:35.594 --> 01:16:37.695
ed enterprise. So so so so
978
01:16:38.780 --> 01:16:41.840
this was what I wanted to unpack. Right? Because it's really cool because
979
01:16:42.219 --> 01:16:53.345
Rockstar isn't evolved his his the two main projects he has is he has a highly regulated financial services company, which is LN Strike, and then he has BTC Payserver. And BTC Payserver
980
01:16:54.045 --> 01:16:55.505
is an open source project,
981
01:16:56.910 --> 01:17:00.130
where they're not holding any funds custodial or anything.
982
01:17:00.830 --> 01:17:05.490
So so it's it's not regulated. It's it's code. It's code that anyone can run.
983
01:17:05.844 --> 01:17:11.784
And that is, like, our our our our best defense, and that's what RTL is too, which which Suheb works on.
984
01:17:12.165 --> 01:17:18.559
Ride the lightning is this idea that that if you have open source code, like, anyone could be running these routing nodes.
985
01:17:20.425 --> 01:17:32.710
Yep. And and and what what you see is a perfect example, I would say, is between BTCPay and BitPay is if you're a merchant and you're and you're processing payments and you're running BTCPay server,
986
01:17:33.250 --> 01:17:36.710
you could do whatever the hell you want. If you're running BitPay,
987
01:17:37.205 --> 01:17:39.225
which is centralized and custodial,
988
01:17:39.845 --> 01:17:44.265
like, you have to do KYC on your customers when they pay you because they got compelled
989
01:17:44.645 --> 01:17:46.185
and forced because they're centralized,
990
01:17:48.470 --> 01:17:49.450
project. Right?
991
01:17:50.150 --> 01:17:50.650
992
01:17:51.030 --> 01:17:52.250
Yeah. But my
993
01:17:52.710 --> 01:17:55.110
my take on routing's future is that,
994
01:17:55.510 --> 01:17:56.410
it will be,
995
01:17:57.005 --> 01:18:00.705
to a large extent, institutional or or people who will be
996
01:18:01.085 --> 01:18:01.585
running,
997
01:18:02.045 --> 01:18:06.065
routing infrastructure in a professional manner. Even if you're not big a big institution,
998
01:18:06.590 --> 01:18:09.010
you because there is a a level of,
999
01:18:09.869 --> 01:18:11.889
maintenance and operational excellence
1000
01:18:12.269 --> 01:18:15.409
required to be able to be an effective routing node operator.
1001
01:18:15.715 --> 01:18:21.415
So we can have all sorts of solutions in place which allow you to manage your node. But to be able to
1002
01:18:21.795 --> 01:18:26.590
run it at scale, continue to maintain it requires work. It's not a, trivial,
1003
01:18:27.130 --> 01:18:29.150
matter. Right? Requires,
1004
01:18:30.170 --> 01:18:31.470
uptime. It requires,
1005
01:18:31.930 --> 01:18:33.550
looking at your channel balances.
1006
01:18:35.205 --> 01:18:38.665
You know, it requires funding. Right? So all of that,
1007
01:18:39.284 --> 01:18:41.784
effort which is required will result in,
1008
01:18:42.310 --> 01:18:44.730
you know, at least some level of, professionalism,
1009
01:18:45.350 --> 01:18:46.810
being built into it.
1010
01:18:47.190 --> 01:18:48.890
And, institutions will definitely
1011
01:18:49.430 --> 01:18:52.565
grab a big chunk of it, and then people,
1012
01:18:52.865 --> 01:19:00.405
you know, at the retail level would have to have some sort of a professional, you know, mini data center type setup to be able to run good routing notes
1013
01:19:00.810 --> 01:19:06.110
1014
01:19:07.690 --> 01:19:10.375
is is you have a routing node and you have an end user.
1015
01:19:10.935 --> 01:19:12.075
For an end user
1016
01:19:12.535 --> 01:19:27.550
to operate in a relatively self sovereign way, I mean, they can just download something like Phoenix Wallet on their phone or ideally Yeah. You know, they're they're iterating. Right? But, like, a a better setup like, they're trying to reduce the trust that is that is in them as a centralized entity,
1017
01:19:28.465 --> 01:19:34.085
there, but you can use it in a relatively self sovereign way by just downloading Phoenix Wallet. Right?
1018
01:19:36.010 --> 01:19:44.750
On the routing node side, this is someone who's running a 247 node. And if they're a sovereign user, they're running it only through Tor. So all of a sudden, you
1019
01:19:45.865 --> 01:19:47.885
I don't even know if I don't think
1020
01:19:48.505 --> 01:19:59.210
it it it definitely takes some kind of education, and we we fortunately have a bunch of plebs that have been focused on it. I mean, I've learned a shit ton about running a routing note mostly from losing money,
1021
01:20:00.390 --> 01:20:06.094
and just kind of dove in. And I do appreciate yourself for a ton, Suhab, because I would have lost way more money,
1022
01:20:07.114 --> 01:20:08.495
if it wasn't for ride the lightning.
1023
01:20:10.074 --> 01:20:11.535
But the main
1024
01:20:11.880 --> 01:20:15.980
the main hurdle that the sovereign routing nodes have is not
1025
01:20:17.880 --> 01:20:21.180
is is is not the education hurdle.
1026
01:20:22.115 --> 01:20:26.215
It's it's the hurdle is relying on Tor. Like, Tor reliability
1027
01:20:26.595 --> 01:20:32.290
is fucking shit. Like, we had we had weeks where we were getting attacked on tour,
1028
01:20:32.830 --> 01:20:42.075
and there was DDoS issues, and I just had, like, half my channels were offline. Bitrefill doesn't have to deal with that. Strike doesn't have to deal with that. They have they have, like, super
1029
01:20:42.455 --> 01:20:51.450
t one connections and shit that they're connected to, like, all the different routing centers around the world, and they're, like, all fucking super connected because they don't care that they're doxing their location.
1030
01:20:52.070 --> 01:20:53.610
Exactly. Yeah. Exactly.
1031
01:20:54.070 --> 01:20:55.690
That's the hurdle. That's the
1032
01:20:56.875 --> 01:21:05.295
1033
01:21:05.720 --> 01:21:16.455
1034
01:21:16.835 --> 01:21:19.094
a well connected cloud server
1035
01:21:19.395 --> 01:21:20.455
that isn't KYC.
1036
01:21:21.155 --> 01:21:31.349
Yep. So we we need we need that. Yeah. Exactly. We need to find like, it's not just it's not just not doxing your IP. Like, to not dox your IP, but have a well connected thing, even if you go through
1037
01:21:32.125 --> 01:21:36.864
even if you tunnel to a server, you're doxing yourself to that central company. Right?
1038
01:21:38.605 --> 01:21:39.105
1039
01:21:39.485 --> 01:21:43.150
Yes. So so when we are going to Miami, you and me,
1040
01:21:43.869 --> 01:21:47.409
Matt, need to rent a place and dump some servers there,
1041
01:21:48.030 --> 01:21:49.945
and then we need to maintain it.
1042
01:21:50.985 --> 01:21:54.364
1043
01:21:55.065 --> 01:21:58.605
where you do so, like, what I've been doing, by the way, is
1044
01:21:59.480 --> 01:22:01.820
me and my lady, we got rid of our apartment in Brooklyn,
1045
01:22:03.000 --> 01:22:07.580
because New York City is at a at a low point. I I still love New York City.
1046
01:22:09.705 --> 01:22:14.525
We have way better pizza than Miami. Fuck you, Portnoy. Like, why are you doing pizza ratings in Miami?
1047
01:22:15.785 --> 01:22:29.515
We I I I I'm I'm I'm hyper bullish on New York, but I'm not short term, and I didn't wanna fucking deal with it. So I I don't have to explain to the freaks. We fucking ended our lease. So we've just been moving around at Airbnbs. Right? And we've been staying at all these people's
1048
01:22:30.215 --> 01:22:31.275
Airbnb houses.
1049
01:22:32.215 --> 01:22:34.475
And I, like, I love the idea of doing,
1050
01:22:35.870 --> 01:22:37.570
you know, like, like, a
1051
01:22:37.870 --> 01:22:42.690
a 15 key multisig and, like, hiding your keys in different people's houses,
1052
01:22:43.335 --> 01:22:47.675
and they don't even know. Like, you just have, like, a steel slab with a seed
1053
01:22:47.975 --> 01:22:49.114
in their house somewhere,
1054
01:22:49.735 --> 01:22:50.235
and,
1055
01:22:50.850 --> 01:22:58.949
you know, you make the threshold to a point where it's not too easy that they can get in, but also at the same time, you don't need to get into every Airbnb in the future.
1056
01:22:59.410 --> 01:23:00.675
And that's kind of like
1057
01:23:01.875 --> 01:23:06.855
I I I just imagine, like, you die or whatever, and then you're like, there's 32 houses.
1058
01:23:07.795 --> 01:23:15.889
There's like I get there's like a there's a top line. What is, like, 16 keys, right, right now? So so there's 16 houses that have keys,
1059
01:23:16.270 --> 01:23:21.365
and there's, you know, 1,000,000 of dollars or something at stake. Like, that'd be just fun. That'd just be a fun,
1060
01:23:23.285 --> 01:23:26.265
1061
01:23:26.870 --> 01:23:29.930
I guess they will be like, okay, Matt. Come to my house, please.
1062
01:23:30.310 --> 01:23:42.880
No. I mean, I'm not I'm not doing that. Like, that's ridiculous, but that that's a cool idea. Now you're basically like, look at the comments that are that will now come in. It will be like invitations. Like, Matt, okay. I'm in. I'm your soldier. Let's go.
1063
01:23:43.900 --> 01:23:55.475
1064
01:23:56.255 --> 01:24:07.765
And just, like, just travel with ASICs, just, like like, pull up to their house, like, pull, like, my bag and, like, 4 ASICs out of the car and just, like, plug them in. And then some guy some guy posted that on his Airbnb,
1065
01:24:08.705 --> 01:24:11.125
description, it says, like, no Bitcoin mining allowed.
1066
01:24:11.585 --> 01:24:12.965
Like, that would stop me.
1067
01:24:13.400 --> 01:24:14.060
Like, like,
1068
01:24:14.600 --> 01:24:17.880
oh, you're the the one line item that's, like, no no,
1069
01:24:18.600 --> 01:24:20.845
no Bitcoin mining. Oh, I'm not gonna do it now.
1070
01:24:23.325 --> 01:24:25.505
1071
01:24:26.205 --> 01:24:26.605
1072
01:24:28.045 --> 01:24:45.560
see, this is what I'm talking about. You gave me shit for checking Twitter. I haven't checked Twitter since you gave me shit for it, and then you're doing the fucking my fault. Okay, Matt. I accept it. Sorry, Matt. Posting other people's you're, like, posting other people's computers on Twitter and their chargers and shit, and and you're not paying attention here. So
1073
01:24:45.940 --> 01:24:47.880
so so to get back not paying attention
1074
01:24:48.420 --> 01:24:59.695
to you talking about the Airbnb experience. Okay. Okay. Okay, bro. So we got we got a little bit sidetracked here. My my question to you is, what is it like working in those 2 different environments where you have this highly regulated
1075
01:25:00.920 --> 01:25:11.605
company that's fucking killing it. Like, let's be honest. Like, strike is fucking killing it. You guys are bringing a ton of money and investment. You guys are darlings. They're they're this is one of the hottest companies,
1076
01:25:12.945 --> 01:25:14.405
in all of tech. Like,
1077
01:25:14.865 --> 01:25:17.285
Jack, I Jack was 30 under 30.
1078
01:25:17.745 --> 01:25:18.245
Right?
1079
01:25:19.050 --> 01:25:24.030
Yeah. Am I am I correct on that? Jack was 30 under 30. Our boy Jack was 30 under fucking 30.
1080
01:25:24.489 --> 01:25:26.110
All eyes on you guys,
1081
01:25:27.335 --> 01:25:28.235
Super regulated
1082
01:25:28.775 --> 01:25:31.435
spear. And then you have BTC pay server,
1083
01:25:31.895 --> 01:25:32.614
which is, like
1084
01:25:33.870 --> 01:25:40.370
because it's open source software, it's not breaking any laws, but it's, like, really breaking laws in, like, every country of the world constantly. No.
1085
01:25:40.830 --> 01:25:42.130
Right. I know.
1086
01:25:42.695 --> 01:25:50.715
So how what is that what is that how do you deal with that? Like, how do you how do you deal with that dichotomy? What is, like break that down for the freaks.
1087
01:25:51.130 --> 01:25:51.630
1088
01:25:51.930 --> 01:25:54.190
mean, it's simple, man. I just serve Bitcoin.
1089
01:25:54.890 --> 01:25:55.530
Like, I,
1090
01:25:56.250 --> 01:25:57.610
no. Honestly, it's it's,
1091
01:25:58.804 --> 01:26:03.204
you presented me so so well that whatever I say, it will just,
1092
01:26:04.005 --> 01:26:06.105
you know, ruin the presentation, but
1093
01:26:06.590 --> 01:26:07.889
that that's kinda
1094
01:26:08.350 --> 01:26:16.095
what what I want because I I do as a Cypher, I want to all my code to be open source so other Cypherpunks can play with it.
1095
01:26:16.855 --> 01:26:18.435
On the other hand,
1096
01:26:19.535 --> 01:26:25.955
I you know, open source is not well paid, and, I kinda even don't want to
1097
01:26:26.440 --> 01:26:28.860
take money for for anything open source.
1098
01:26:29.320 --> 01:26:33.660
And that's where I connected the fact that Jack is my Internet nephew.
1099
01:26:34.864 --> 01:26:39.525
And he like, I was I was just about to accept this crazy offer
1100
01:26:39.985 --> 01:26:41.605
of being, like, global CTO.
1101
01:26:42.470 --> 01:26:45.610
Yeah. You don't you don't know what you don't have a CTO now?
1102
01:26:47.590 --> 01:26:49.050
1103
01:26:49.955 --> 01:27:05.350
1104
01:27:06.495 --> 01:27:15.875
1105
01:27:16.220 --> 01:27:20.400
1106
01:27:20.940 --> 01:27:24.880
1107
01:27:25.905 --> 01:27:28.645
1108
01:27:29.825 --> 01:27:39.670
I I have even better title, but I'm not gonna share it with you. What's your what's your title? No. I'm not gonna share it with you until you show more love because, honestly, Matt, like, I've been
1109
01:27:40.695 --> 01:27:47.630
I knew you're not sending me love for some reason. I didn't know it's because you're too hard on yourself. So I need more love. You so much love.
1110
01:27:48.110 --> 01:27:51.810
No. No. You haven't. Like, when was the last time you messaged me?
1111
01:27:52.750 --> 01:27:55.969
1112
01:27:56.440 --> 01:27:56.835
That?
1113
01:27:57.635 --> 01:28:03.975
Before that, I don't know because our all of our messages delete after 7 days, so I never remember what we talked about last.
1114
01:28:04.355 --> 01:28:08.360
Yeah. There will even But that's good. That's how it should be.
1115
01:28:09.300 --> 01:28:21.155
Yes. It should be. But but but you should have We communicate every day. We communicate every day telepathically. Like, we wake up in the morning It's a lovefest. I send you I send you some love I send you some love The lovefest. With.
1116
01:28:24.480 --> 01:28:31.940
1117
01:28:32.305 --> 01:28:37.605
I messaged Matt. Why don't you message me? I messaged Matt. Like, I messaged him,
1118
01:28:37.905 --> 01:28:39.125
but he didn't respond.
1119
01:28:39.460 --> 01:28:42.280
1120
01:28:42.739 --> 01:28:43.239
No.
1121
01:28:43.620 --> 01:28:57.385
I would so first of all, just to be clear, BTC I I just want to before we continue here, I did say BTCPay is breaking BTCPay is not breaking any laws. BTCPay is is self sovereign open source software. It's not breaking any laws. Code is free speech,
1122
01:28:57.860 --> 01:28:59.320
and, that's that.
1123
01:28:59.780 --> 01:29:01.160
What I meant to say is
1124
01:29:01.860 --> 01:29:03.880
by statist, it might be perceived
1125
01:29:04.260 --> 01:29:04.500
as
1126
01:29:05.105 --> 01:29:10.405
Likely legal. Break yeah. Likely illegal. Like, a status might call it likely illegal product.
1127
01:29:11.265 --> 01:29:13.285
While something like strike is
1128
01:29:13.680 --> 01:29:18.800
completely above board, you have, like, Visa investment and shit like that. Right? It's like a whole different,
1129
01:29:19.199 --> 01:29:19.699
ballgame.
1130
01:29:20.239 --> 01:29:21.780
1131
01:29:22.615 --> 01:29:30.055
for me, like, I'm telling you, it's just Bitcoin tells me serve here, I serve. And, it's it's easy because,
1132
01:29:30.880 --> 01:29:35.059
I really am blessed by the fact, like man, I'm I'm, like, super support.
1133
01:29:35.679 --> 01:29:39.219
Any project that you're doing from technical side, like, I can,
1134
01:29:40.305 --> 01:29:48.005
you know, handle so many things. That's why, like, both, if you look at BTC pay server, it's Nicholas. Nicholas loves me.
1135
01:29:48.350 --> 01:29:53.410
If you look at Stripe, it's Jack. Jack loves me. Even though, yeah, Nicholas is not my nephew.
1136
01:29:53.870 --> 01:29:56.930
I mean, maybe maybe he should publicly declare that.
1137
01:29:59.035 --> 01:30:00.815
Because Jack said, yeah. I'm like
1138
01:30:01.195 --> 01:30:04.735
crazy Internet uncle. So that's that's my description.
1139
01:30:07.290 --> 01:30:07.790
Yeah.
1140
01:30:10.090 --> 01:30:24.605
1141
01:30:25.270 --> 01:30:26.970
1142
01:30:30.150 --> 01:30:33.530
1143
01:30:34.075 --> 01:30:37.535
1144
01:30:37.995 --> 01:30:38.495
So
1145
01:30:39.355 --> 01:30:46.640
because I because I I my money is where my muff my fucking mouth is. Right? Like, I think 200 k by conference day is is a fucking reality.
1146
01:30:47.020 --> 01:30:51.360
And I and I agree with the pledge that it might be a little bit too bearish. Who the fuck knows?
1147
01:30:52.455 --> 01:30:54.074
I I think come to Chicago.
1148
01:30:54.855 --> 01:30:58.155
Like, we we have Chicago is like a worse version of New York.
1149
01:30:59.175 --> 01:31:02.969
1150
01:31:03.270 --> 01:31:06.329