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July 17, 2026

Episode 265: Jihobbyist

Episode 265: Jihobbyist
Episode 265: Jihobbyist
Podcasting 2.0
Episode 265: Jihobbyist

Episode 265: Jihobbyist

Podcasting 2.0 July 17th 2026 Episode 265 - "Jihobbyist"

Slop or Not! Lightning or Frightening! Adam and Dave go deep with the Boardroom after a 2 week break

ShowNotes

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00 - PODPING GOSSIP-WRITER → PRODUCTION + INDEX PLUMBING

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01 - THE OPEN INDEX TURNS UP INSIDE AN AI SCRAPER (SUNO)

<b>@js flagged it:</b> a hack at Suno reveals the AI music generator used <b>PodcastIndex</b> to do its targeting — "with the help of an online tool called PodcastIndex, Suno identified 420,000 different podcasts that had at least five 30-minute episodes and sought to download roughly 1 million hours of podcasts."

<b>Board question:</b> the Index exists to be "free, for any use" — and here "any use" is an AI company bulk-harvesting a million hours to train on. Is that the deal working as designed, or does anything change? A live test of the open-index ethos.

Ties straight to the on-device/namespace fight below and to the spam/AI-slop lane — the same extraction pressure from three directions.

Hack reveals Suno scraped via PodcastIndex (404 Media)

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02 - ON-DEVICE AI vs NAMESPACE TAGS — "DIDN'T YOU INVENT THE NAMESPACE?"

<b>Your own post set it off:</b> Adam — Apple in talks to run a startup's compressed AI models on-device (PrisMML) — "More fodder for on-device features vs new tags." The core board fight of the week.

<b>🎧 CLIPS TO PLAY — a 3-part PNWR sequence (Cridland and Sethi discussing your position; your own SOT is NOT in their show, so play + respond):</b>

<b>1. The jab (44.5s):</b> recap of the Car Curious "podcast annotations" (≈ Apple timed links) debate — Nathan Gathright: LLM-from-transcript data stays the purview of players, not publishers; Sam Sethi: "Adam Curry also came in… he sees LLMs as the way for on-device abstraction of data rather than tags. And I'm like — didn't you come up with the namespace?" File: <i>01 - Cridland Sethi - Adam annotations, didnt you invent the namespace - PNWR.mp3</i>

<b>2. Sethi's thesis (55s):</b> his actual position — fine, copy Apple, let LLMs do transcripts as a FALLBACK "if you can't be bothered," but if a creator wants to put real data in the feed, respect what the creator wants FIRST. "An LLM is a fancy autocomplete system… I'd much rather the creator is given the opportunity to do something good first." The publisher-vs-LLM argument, self-contained. File: <i>02 - Sethi - an LLM is a fancy autocomplete, creator first - PNWR.mp3</i>

<b>3. The Spurlock correction (36s):</b> Sam apologizes for mischaracterizing @js — "I don't think we should leave it up to LLMs at all… but in practice it's going to be the app crawlers that mark shows up using hard work and drive for differentiation, not the publishers themselves." It might not be an AI LLM, but someone still has to mark the metadata up. File: <i>03 - Sethi - Spurlock correction, app crawlers not publishers - PNWR.mp3</i>

<b>Ammo for your side:</b> @manton — his daughter's voicemail "Hi dad, this isn't an emergency" was transcribed by Apple as "this is an emergency." Player-side LLM inference is lossy; publisher-authored tags are authoritative. The case for the namespace in one anecdote.

Cultural backdrop (@js, Atlantic "The End of Reading"): a postliterate generation that treats reading the source as "arbitrarily withholding information" — if the phone abstracts everything for you, who ever touches the feed?

Apple + on-device AI compression (CNBC)

The End of Reading Is Here (Atlantic)

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03 - FUNDING NAMESPACE: STREAMING SATS COLLAPSE → APPLE CASH IN podcast:funding?

<b>Streaming sats fell off a cliff:</b> PNWR — Sam Sethi says boosts/streaming sats are "down to pretty well zero" in July: only TrueFans and one from Podcast Guru, NOTHING from Fountain. "Streaming sats is going away quite fast now… a real shame." A direct V4V gut-check for the room.

<b>They're quoting you:</b> James Cridland cites "Adam Curry is talking about splitting the funding from the advertiser with the app or host developers" — app devs are otherwise "cut out of the entire economic chain." Your funding-split idea is now on the record on their show.

🎧 CLIPS TO PLAY — PNWR V4V audio (hosts discussing V4V; your SOT is not in their show, so play + respond):

1. Streaming sats collapse (47s): Sam Sethi — boosts/streaming sats "down to pretty well zero" in July; only TrueFans + one Podcast Guru, nothing from Fountain. "Going away quite fast now… a real shame. TrueFans is the place keeping it alive." File: <i>04 - Sethi - streaming sats down to near zero, TrueFans keeping it alive - PNWR.mp3</i>

2. V4V economics (80s): James — app developers "weirdly cut off from the entire economic chain"; Sam cites your fix: "Adam Curry is talking about splitting the funding from the advertiser with the app or host developers… the ecosystem needs to have a way." File: <i>05 - Cridland Sethi - app devs cut out of the money chain, Adam funding-split - PNWR.mp3</i>

<b>Dave's concrete move:</b> "Is an 'Apple Cash' request just a specially formatted IRI of some sort? I'm wondering if there's some way to do an open-ended AC request and plug that into the podcast:funding tag." A fiat on-ramp in the namespace as boosts fade — real board business.

<b>Quip that fits here:</b> Adam — "Try depositing $10k cash into someone else's bank account. They will surround you with armed guards within minutes." The banking-rails friction V4V was built to route around.

<b>ADAM'S THOUGHTS</b>

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04 - CONTENT HIJACKING + AI-SLOP: SOL GOOD NETWORK AND THE SPAM-COP LANE

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05 - MEASUREMENT: AMP'S "WHAT IS A PODCAST" PAPER DROPS NEXT THURSDAY

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Chapters

00:00 - Welcome to the Boardroom — Episode 265, back after two weeks

00:51 - “You wrote an online tool used by evil AI bots” — Suno scraped the Index

03:46 - Adam's AI memoir: an agent writes his life story from the show transcripts

09:04 - Giving app developers the transcript: super-chapters & annotations

11:15 - “An LLM is a fancy autocomplete” — creator-first vs the namespace

14:25 - Why people hate AI — the hype, the pressure and the atmosphere

22:36 - The transcript tag as a “vestigial organ” & AI chapters done wrong

28:31 - AI as a hijack of the brain — confident wrongness & knowledge work

38:19 - What actually made podcasting: the humanity, not RSS

41:16 - Forcing yourself open to AI — audiobooks, screen readers & slop

51:01 - Who decides what's “appropriate”? Church chatbots & synthetic voices

56:26 - The Index income has collapsed — $11.56 last week, $240/mo to run

01:00:00 - Genesis of Value-for-Value: Sphinx, LN Pay & the KeySend road

01:06:02 - Why Lightning failed for cross-border micropayments; Strike & fees

01:12:45 - Stablecoins, sovereignty & App-Store donation buttons

01:15:51 - V4V that works: small PayPal supporters — Gigawatt, Manuka Gold

01:20:15 - “There goes the node” — a canceled supporter and shutting it down

01:24:02 - Lightning post-mortem: capture, Bitcoin maxis & Nashville

01:27:45 - The funding tag as the way forward — built-in support

01:30:01 - Boardroom boosts & the donation readout

01:36:04 - Sustainability, metadata & what we keep

01:41:15 - Outro — see you next week

Transcript
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Podcasting 2.0 for July 17th, 2026, episode 265, G-Hobbyist. We

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exist. Okay, so we took a couple weeks off. What

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can I tell you? We're human. Hello, everybody. Welcome to

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the official board meeting of Podcasting 2.0. This is where

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it all goes down. Everything is discussed, all cards on

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the table, and we are the only boardroom that doesn't

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blame China for election interference. I'm Adam Curry here in

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the heart of the Texas Hill Country and in Alabama,

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the man who wrote an online tool used by evil

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AI bots. Say hello to my friend on the other

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end, the one, the only, Mr. Dan. you Those pipes.

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You have a lot of wind in those lungs. Yes.

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Thank God. An online tool. An online tool. If you

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wrote an online tool, baby. Yes. That was borderline insulting.

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Online tool. I think the person who wrote that is

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an online tool. You know, so I think I posted

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Gell-Man. amnesia amnesia for those who don't know whenever you

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read something in a publication that you know everything about

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and is absolutely incorrect, you cannot trust anything else from

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that publication or that actual article. And there was also

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no evidence they posted about it. They didn't post any

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scripts that had podcastindex.org in it, as far as I

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could tell. No. But they did link directly to the

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public assets download page, which I'm sure probably ripped out

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about five terabytes of bandwidth from us. People are like,

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oh, this is cool. Let's get this. No, it's all

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the bots. All the bots went and downloaded all that

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crap and didn't even know what to do with it.

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Have you looked at it? Have you looked at the

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downloads? I have not. I need to. So the story

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here... was that a supposed hack... of Suno revealed that

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the AI music generator used Podcast Index, an online tool,

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to do its targeting. It identified 420,000 different podcasts that

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had had at least a five. at least five 30-minute

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episodes, and sought to download roughly one million hours of

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podcasts. Yeah, and of which they did what with. Yeah,

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exactly. What is the point? What are you going to

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do with that? What is Suno doing with podcasts? I

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thought they were just music. Yeah, it's baffling to me.

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I mean, I found a couple of accounts in the...

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You know, in our user registration table that look like

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they might be related to those guys, but I mean,

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nothing. I don't know, nothing stood out really. I don't

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know what they did with it or how they got

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the data. I guess they didn't use the API. I

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guess they just used the download. Right, and then they

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had to walk the whole tree and look at every...

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No, I guess we have links in there. They could

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have looked at the... length tags, length. The size, file

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size, the bytes. Yeah, yeah, yeah. Hmm. Oh, well. Hey,

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so welcome back. It's good to be on the show

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again. Good to be here in the boardroom. Hello, boardroom.

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Hey, boardroom. Hello, boardroom. That was an extended absence. Sorry

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about that. No, it's all right. It was good. You

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got to go visit family and stuff, and that's important.

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Yeah, still no baby. She should have been here by

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now. Oh, uh-oh. How many days overdue are we? Yeah,

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so I have an angry daughter, basically. Yeah, she's ready

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to get that thing going. Just getting angry. Just getting

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angry. Good question. What do these guys do with that?

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I guess you could whisper it all and get the

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transcripts and do something with that. Oh, yeah. Our bandwidth

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is up. I mean, we're still safely within limits, but

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it is way more than we normally have. So I

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bet automation just killed that page. 30% monthly usage. Usually

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at this point, halfway through the month, we're only at

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like 10%. There is something to be said for, I

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mean, I think transcripts are one of the most powerful

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things we've ever developed, and we didn't even realize how

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powerful it would be. moving forward. And I'll just give

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you a couple examples. Uh, So I have a transcript

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of 1,886 no agenda shows. I've got a transcript of

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several hundred Kareem the Keepers. I've got MoFax. I've got

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the board meeting. and um i just saw and it's

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just really interesting because i i just what do i

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hear oh that's me i'm sorry hold on a second

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i hear something going There it is. Man, my ears

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are still with me. I heard some music playing. Okay.

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You're like a bat. I sleep hanging upside down. And

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so I fired up an agent. And I said, Agent.

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Agent. Hello, agent. I never give my agents names. Robot,

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agent, whatever. Robot is my favorite. Robot. I said, go

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write the story of my life. And I didn't look

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at it for four weeks. Based on podcast transcripts? Yes.

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It is amazingly good. Is it depressing? No, it's really,

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really interesting. I mean, I'm an interesting guy. Now, I

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did give it a few parameters. I said, if you're

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going to write this. You said, make it sound good.

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No, no, no, not at all. I said. um i

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want i want this to be a memoir like um

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the kid stays in the picture from robert evans Have

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you ever heard that? No, I don't know what any

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of that is. Robert Evans, he was the producer of

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many movies, The Godfather. The Godfather series being the most

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famous. He was married to Ali McGraw for several years.

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And he wound up doing an, before he died, he

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wound up doing an audio book version of it. And

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it's just riveting. And then later, Ken Burns turned it

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into a movie. With his voice, the audio book. But

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then with the typical Ken Burns photos, you know, the

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slow zoom out and all that stuff. And I just

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always love... Did they have a guy playing the banjo

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and talking like the Civil War? No, no, no. Man,

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I wonder if I can find an example of that.

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Let me see. second I'm sure I can Evans kid

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stays in the picture. Sometimes these entire movies are on

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YouTube, which is kind of interesting. Yeah, I've seen that

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too. Oh, in fact, this is a... Mind if I

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come in a minute? Wait, that's not it. That's definitely

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not it. Where's the Robert Evans? This is a trailer.

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He has been both the toast of this town and

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he's been an outcast in Hollywood. He was in the

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golden era of the new Hollywood. And me, I was

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lucky to be part of it. My name is Robert

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Evans. No, this is trailer. The audio book is just

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really good. Anyway, so I told it that and I

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said, I want you to write this memoir. Looking back

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on my life from the vantage point of someone who's

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found Jesus and how I look back at what God

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did in my life. And it like wrote 12 chapters.

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How many words? 24,000. Holy cow. Yeah. Yeah. And because

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I've told all my stories. How many ways does it

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repeat itself, though? No, not at all. Have you read

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the whole thing? No, it came up like we were

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in Holland. We're in the car driving back from Christina's

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house. And I said, oh, no, I've got, I'm writing

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a book. And Tina says, what? I said, yeah, I've

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got a ghostwriter. What? You didn't tell me any of

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this. I said, no, I forgot about it because I

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just gave it to the agent. And I said, let

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me go get it. And so I start reading it

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in the car. And it even had, you know, her

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whole story in there because it just pulled stuff from

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Curry and the Keeper transcript. My point being that. There's

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so much power in the context of the written word.

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There's a lot of issues around it, you know, because

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when I think I read at one point that I've

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been a can inspector for the government, you know, obviously

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that's Dvorak's story that it picked up, you know, so

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there's some contextual things missing. I would call that factual

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things. But, you know, so that's just one thing I

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was able to do with the transcript. And I think

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it was Spurlock who asked me when we had him

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on a couple of board meetings, meetings ago. He said,

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but are you doing anything with AI or with agents

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or LLMs on the client side? And my whole life

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has changed for podcasting, the way I produce my show.

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It really has been life-changing. I've saved countless hours per

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week just by having the agent cut clips and put

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together rundowns and show notes and research. things, you know,

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it's like, hey, J.D. Vance was on Rogan. Go whisper

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the entire show and pull some good clips out of

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it. That's literally what I can do. um And I

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was thinking about it, you know, because we have all

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these app developers. And I have always been an app

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developer.

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advocate of doing something different. um And I've never really

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moved anybody. No one really ever moves anywhere. And so

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this came up on Pod News Weekly Review in the

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context of annotations. An annotation tag, I guess something that

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Apple is doing with, was it called timed links? Yeah,

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where they try to like... farm out or ferret out

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what the link, what a link to a thing you're

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talking about is, and then put a link to their

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own way to get that. Yeah. Which, you know, is.

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Kind of interesting. I completely. see how that's pretty much

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chapters or what Daniel Lewis would call the super chapters.

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There's nothing really groundbreaking. And I think it's interesting that

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Apple did that. But that's a real example of Apple

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differentiating their podcast app by doing something different. Now, you

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can agree with it or not, but the conversation kind

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of went in the wrong direction. And that's what I

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want to tie into. This is a piece from Pod

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News Weekly Review because Lord knows this show is about

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reviewing their show. that. I also spoke last week to

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Ryan Williams at Car Curious about podcast annotations which I

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sort of likened to Apple's time blinks. We had some

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feedback again Nathan Gathright was saying that I love structured

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data as much as the next nerd. I wish this

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idea the best luck but I'm convinced that using LLM

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to derive data from transit will remain the purview of

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players not feeds. Weirdly Adam Curry also came in on

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the back of this. I haven't put the clip here

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James Ross, but he was also saying that he sees

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LLMs as well as being the way for on-device abstraction

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of data rather than tags. And I'm like, sorry, didn't

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you come up with the namespace? Okay. That's kind of

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apples and oranges. But that's the part that I really

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wanted to drill down on. Because the namespace is completely

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separate from what I think Nathan was saying and what

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I'm saying. From an app developer standpoint, there's so many

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things you can do for an individual user. So from

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a publisher standpoint, yeah, I may want to link to

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something. And we've had that basic capability in chapters. There's

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nothing really new. But what can an app do for

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me? Why would I be drawn to a particular app?

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to me because it really has an understanding of what

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I like because it has all this context of things

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that I've been listening to, real context based upon transcripts.

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Now, James, and this is really the reason why I

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brought it up because James gets all huffy about this

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stuff. I mean, he has such a hatred of AI.

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It's almost unhealthy. Well, I mean, look, I come at

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this on a very, I come at this basically saying,

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can we copy what Apple did with transcripts? They have

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LLMs that do all of the transcripts if you can't

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be bothered to do them yourself. But if you want

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to do them yourself, if you want to put additional

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data into your podcast feed, if you want to add

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all of this stuff, then please respect what the creator

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wants. And if the creator can't be bothered, then by

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all means fill it in with a fancy autocomplete system,

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which is all that an LLM is it's a fancy

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autocomplete system by all means fill it in with that

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that's fine but yeah but I would much rather that

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the creator is given the opportunity to do something good

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first so that's that's me basically yeah why are you

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so mad bro it's more than an autocomplete so I

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just I mean, full disclosure, I hate AI too. So

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I'm right there with him. And your hatred is not

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healthy either. It's not. It's... I... The hatred... comes from

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It comes from a different, it comes from an interaction

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that. that the world. So if you do polling, This

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is... This is accurate. If you do polling, all the

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current polls. show that there's an intense dislike of AI.

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in the public, in just public sentiment. Like more so

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than historically, the latest numbers I heard was from maybe

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two or three weeks ago. The latest numbers I heard

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were that people dislike AI in surveys more than they

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disliked nuclear power after Three Mile Island. Sure. What I'm

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saying is the intensity of people who dislike... AI that

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much. It comes from... the way that it's being introduced

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and put in front of you on a daily basis.

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I completely agree. The marketing has been either. This is

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a God and it will run everything in your life?

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to this is so dangerous we can't give it to

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you. So the marketing has been completely bullshit. Marketing, yes,

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but I'm saying something a little bit different. I'm saying

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something different than the marketing aspect. What I'm saying is...

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The... You? have seen You are in control of your...

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of your production process. You are the boss. And in

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that context... When you're able to explore and see the

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uses of a technology like this, What you see are

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the big wins. Oh, I see the losses too, brother.

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No, no, no. I have hair-pulling moments. I'm not saying

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you don't. What I'm saying is the... You're in a

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sort of like a... You're a manager of one. Yes.

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And so in that context... the wins that you get.

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can be big and they outweigh. cause of the things

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like time savings and that kind of thing, they are

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monumental. What most people's interaction with in AI is in

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the context of a corporate job. And in the context

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of a corporate job on a day-to-day basis, you are

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inundated for – we have been inundated for months with

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AI, AI, AI. It's going to change your job. I

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understand. You've got to keep up. You're going to lose

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your job. I understand. The boss coming into your office

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and saying, hey, what have you done with AI? Have

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you used enough AI? Hey, I just heard about this

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AI tool. Can you do a demo on it? That's

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a direct result of the marketing and of the media.

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people just talking BS about it. Everybody right now in

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the corporate world is to the point where they're like,

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if my boss comes in here and mentions the word

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AI one more time, I'm going to scream and run

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out the door because you're supposed to somehow just, quote,

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adopt AI. I understand. I understand. I completely understand. But

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see, that's where, because what happens is... But James doesn't

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have a boss coming in to him saying, you've got

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to use AI. Yeah, but the podcast industry has been

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pushing AI. on itself. For months and for years now.

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He's literally been the one talking about it for years.

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Yeah, about how it's a mistake. Well, and I'm going

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to, okay, let me just segment out a few things.

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There's one particular piece that hurts me. And Bemrose just

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did it. Oh, a guy who can't code one line

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of Python without a trillion dollar brain. Yeah. And Paul

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does this to me too. When I say, hey, look

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what I created. And I'm not hiding. I'm not pretending

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I can code. I said, here's something I created. He's

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always very negative. I can feel it. It's like, I

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don't like this. This is not the way I would

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do it. This makes no sense. And I'm like, oh,

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well, tell me what would make sense and I'll see

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if I can fix it. People who have, in particular,

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developers who have coding skills built up over decades get

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very irked. And you even posted a meme about it.

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Get very irked when someone who can't code their way

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out of a paper bag comes up with something that

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is functional, but is built with AI. And I understand

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that. Just don't kill me every single time. Now, to

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be clear, the meme was exactly what, the meme was

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the meme. The meme was making fun of how angry

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programmers get at people who... Yes, true. Yeah, true. True.

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um But my point is... If we can move all

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of that stuff aside and just see where can we

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get some real benefit from this, some real benefit. I

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truly believe.

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that what's coming with compacted, compressed models, hardware that runs

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it locally, that there are going to be experiences that

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can be built for listeners, for users of podcast apps

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that become very personal and I think people will pay

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for it. and that will almost lock them into that

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podcast app because they're so invested in... in teaching it

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what they like without having to really do too much

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work. And it can be all based off of contextual

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data, primarily transcripts. That's all that I'm saying. I'm not

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saying we shouldn't do tags and that creators... that podcasters

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can't add stuff that they want to. Those are all

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good signals. But what is coming, I truly believe, is

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this, because that's what I'm seeing. I'm seeing the personalized

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nature of AI. Everything that's corporate, that is some service,

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it all sucks. I'm not interested. It doesn't work. It

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breaks. It's fake advertising. Nothing is right. But the ability

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to... tailor my world to what I need has been

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revolutionary. It doesn't come without pain and crying and like,

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oh, I just want to improve this 20% and it

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goes completely off the rails and I'm up until three

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in the morning trying to figure out what just happened.

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but from an experiential... of a podcast app, I think

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that there will be a lot of opportunities for app

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developers to use the context, particularly of transcripts, and create

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experiences that will really lock your listeners into your app.

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That's what I'm saying. I'm not saying, you know, namespace

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is no good or we shouldn't have tags. I'm not

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saying any of that. That's my point. The difficulty of

327
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conversations like this is that I don't disagree. Like it.

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The reality of all of this stuff is subtle. There's

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differences in context that make all the difference in the

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result. N. if I were to go back in time,

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if, if we, if we can't, if we started podcasting

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today and I don't think a transcript tag would ever

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even come up as an option. Like if, if, if.

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if the whole project, if the namespace started today, nobody

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would think of doing a transcript tag because LLMs and

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stuff would have already done it. Possibly. And we just

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wouldn't think about it. Yeah, possibly. We may entertain the

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idea briefly and then say, oh, well, that's a waste

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of time. Like, why would we make somebody go do,

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like, put a transcript tag in? So, like, I feel

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like... So in that sense... The transcript tag itself. is

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already sort of an anachronism. Yeah, you're absolutely right. It's

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sort of a vestigial organ on the namespace. But the

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thing about it is... Vestigial organ. Hold on a second.

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Show title. Let me just write that one down. Vestigial

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organ. A vestigial organ is sort of like an online

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tool, but you can't download anything from it. Um. But

348
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I mean, like, so, so like in general, I don't

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necessarily disagree with some of the, some of these things.

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And I also like I use. I use AI coding

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agents all the time. Every day, every single day, I'm

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using an LLM in some shape, form, or fashion. and

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But at the same, but that's. That's not the part

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that frustrates me. The usage of an agent is not

355
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– or LLMs in general is not what I hate.

356
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What I hate is the... is the Um... is the

357
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entire atmosphere that's been built around it. Oh, understandable, of

358
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course. For instance, for instance. Um... You know, one of

359
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my long-running issues has been that... Uh... Twit did not

360
00:24:52,419 --> 00:24:58,703
put chapters into there. Podcasts for subscribers. Mm-hmm. And they

361
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recently started doing it, I guess, I think about a

362
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month ago, maybe six weeks ago. They started putting chapter

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markers into the episodes for their paying subscribers. It's great,

364
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except that they don't work. Because they don't work. They

365
00:25:17,316 --> 00:25:21,519
don't work because it's clearly an AI that's adding these

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chapters in some way. And the AI just gets the

367
00:25:25,842 --> 00:25:29,044
timing all wrong. You can go through and hit every

368
00:25:29,104 --> 00:25:31,986
chapter, and every chapter takes you to the wrong place.

369
00:25:32,106 --> 00:25:35,408
Okay, so it's not that the chapters are contextually wrong,

370
00:25:35,488 --> 00:25:42,553
but they're technically wrong. The chapters correctly summarize a thing

371
00:25:42,613 --> 00:25:46,316
that will not be talked about for another 15 minutes

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00:25:46,376 --> 00:25:52,580
in the show. That's a QC problem. Yeah, and that

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is the story of AI. The story of AI is

374
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in the current era. is We have to throw AI

375
00:26:05,569 --> 00:26:08,771
at everything as fast as possible, and we sure do

376
00:26:08,851 --> 00:26:12,393
hope it works. Or actually, we're not even that concerned

377
00:26:12,453 --> 00:26:14,315
if it does work, because if we throw AI at

378
00:26:14,395 --> 00:26:17,157
it, it just solves a problem. It's like I have

379
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a problem where I can't put chapters into my podcast.

380
00:26:20,339 --> 00:26:23,701
AI. And you don't stop to even think, did it

381
00:26:23,721 --> 00:26:27,504
work? Did it actually do a good job? Right. Like

382
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what you can, what you're doing is you're creating a

383
00:26:30,526 --> 00:26:36,250
thing for, you're creating a workflow. process using these tools

384
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and it is really important to you that the outcome

385
00:26:40,653 --> 00:26:45,436
is correct yeah because that's your livelihood and you're you're

386
00:26:45,536 --> 00:26:48,798
banking its output you're banking your livelihood on its output

387
00:26:48,818 --> 00:26:53,141
being good And so if it's wrong, you notice immediately

388
00:26:53,241 --> 00:26:56,103
and you are constantly iterating to fix it. Yes. That

389
00:26:56,183 --> 00:26:59,566
is the way you properly interact with technology. What we're

390
00:26:59,625 --> 00:27:01,547
seeing in the broader atmosphere. Let me just pat myself

391
00:27:01,647 --> 00:27:04,409
on the back. Okay. I'm doing a good job. Good

392
00:27:04,489 --> 00:27:09,032
job. Little podcaster boy. Yeah. Yeah. Attaboy. But what we're

393
00:27:09,052 --> 00:27:13,135
seeing in the broader atmosphere. In the broader landscape of

394
00:27:13,315 --> 00:27:16,017
business, especially. Is people just say, oh, I'll just throw

395
00:27:16,057 --> 00:27:19,159
this in the chat GPT and it'll give me something.

396
00:27:19,159 --> 00:27:22,401
Yeah. And I had a conversation this morning and I

397
00:27:22,461 --> 00:27:24,543
can, I wish I could even talk about it, but

398
00:27:24,603 --> 00:27:29,606
it is the exact same issue that people. Do not

399
00:27:29,866 --> 00:27:36,371
understand. They do not understand how fragile and hallucinatory these

400
00:27:36,411 --> 00:27:42,815
tools are. They just think... I can just, it's like

401
00:27:42,875 --> 00:27:45,997
it's a magic box and they can throw a thing

402
00:27:46,077 --> 00:27:49,259
in it and out comes the right answer. And it's

403
00:27:49,460 --> 00:27:53,983
wrong like 50% of the time, but it's so confident

404
00:27:54,103 --> 00:27:57,545
in its wrongness that you think it's right. And I

405
00:27:57,625 --> 00:28:01,268
go back to this is a hijack. The whole thing

406
00:28:01,328 --> 00:28:06,771
is a hijack of our brains. Because we, we, the

407
00:28:06,831 --> 00:28:12,415
human race has never encountered. has never encountered anything that

408
00:28:12,475 --> 00:28:17,639
can talk except another human. And when humans talk to

409
00:28:17,679 --> 00:28:27,385
each other, We We are. mostly internally consistent with our

410
00:28:27,505 --> 00:28:31,208
thought processes. And what I mean is like, when I,

411
00:28:31,508 --> 00:28:34,190
when, when I tell you a thought that I'm having,

412
00:28:35,651 --> 00:28:40,594
That thought is in, is, is. is internally consistent in

413
00:28:40,674 --> 00:28:52,763
itself. Because... because humans are language processing machines. It's wired

414
00:28:52,883 --> 00:28:56,305
in. But what AI does, and you see this all

415
00:28:56,345 --> 00:29:00,848
the time, is it will contradict itself in the middle

416
00:29:00,948 --> 00:29:05,591
of a sentence that is also grammatically correct. So it

417
00:29:05,631 --> 00:29:12,516
will say things like... The dog ran as fast as

418
00:29:12,616 --> 00:29:19,661
it could across the street at a slow rate. Like,

419
00:29:20,201 --> 00:29:23,684
or something like that. And you're like, the grammar of

420
00:29:23,764 --> 00:29:27,847
the sentence is correct, but you're like, wait, what? You

421
00:29:27,927 --> 00:29:30,328
have to sit there and think about like, Hold on,

422
00:29:30,468 --> 00:29:36,252
hold on. We are not... Because we are only used

423
00:29:36,292 --> 00:29:41,436
to historically seeing that humans... are what the only things

424
00:29:41,456 --> 00:29:44,958
that can talk in language. Now there's a machine that

425
00:29:44,998 --> 00:29:48,541
can talk in language. But it doesn't know what it's

426
00:29:48,601 --> 00:29:52,764
saying. Right. It's just using the rules of grammar. Yeah,

427
00:29:52,824 --> 00:29:56,446
that's what I call the parlor trick. Yes, it's the

428
00:29:56,486 --> 00:29:59,908
parlor trick. Yeah. And so, like, this is the problem.

429
00:30:00,039 --> 00:30:03,902
The problem is... People in the business world right now,

430
00:30:04,002 --> 00:30:07,525
people are throwing like 150 page contracts into a chat

431
00:30:07,585 --> 00:30:09,426
bot. No, I get it. And they're like, it said

432
00:30:09,506 --> 00:30:11,147
that this was the case. I know. And you just

433
00:30:11,147 --> 00:30:13,889
go with it. I know. And I understand that frustration.

434
00:30:14,249 --> 00:30:16,811
I really do. And I don't have to deal with

435
00:30:16,851 --> 00:30:22,695
work slop and all of that. It makes people lose

436
00:30:22,735 --> 00:30:25,837
their minds. Yes, I know. But what has happened, what

437
00:30:25,917 --> 00:30:30,660
I see, and also college kids have been told that

438
00:30:31,441 --> 00:30:33,923
you're going to be useless. Elon Musk says no one

439
00:30:33,963 --> 00:30:36,324
will work. All of this stuff, which I think is

440
00:30:36,424 --> 00:30:40,607
total crap. And it's doom trolling is what it is.

441
00:30:41,348 --> 00:30:44,610
Yeah. But it's all comes from the basic marketing of

442
00:30:44,670 --> 00:30:46,971
these companies. And I just don't want people to be

443
00:30:47,072 --> 00:30:50,574
too afraid. I mean, so on no agenda in the

444
00:30:50,634 --> 00:30:55,157
morning. before the show starts, I play the end of

445
00:30:55,237 --> 00:30:57,959
show mixes. And the end of show mixes used to

446
00:30:57,999 --> 00:31:03,263
be people doing stuff in their home studio, multi-track, singing,

447
00:31:03,523 --> 00:31:06,845
doing takeoff songs. And they've, just like the Noah Jenna

448
00:31:06,905 --> 00:31:09,227
art, they've all gone away, they've all dried up. But

449
00:31:09,487 --> 00:31:14,170
slowly, people have emerged who are actually doing very interesting

450
00:31:14,270 --> 00:31:17,232
things. And they're paying more attention to the lyrics. I

451
00:31:17,292 --> 00:31:19,854
mean, even the fact that they'll take the newsletter and

452
00:31:19,874 --> 00:31:23,516
then turn that into a song, thing about it has

453
00:31:23,536 --> 00:31:26,799
become interesting. The voices have become better. You know, the

454
00:31:26,839 --> 00:31:30,241
technology's improved a little bit, but without a doubt, the

455
00:31:30,301 --> 00:31:32,703
minute I start those three songs and I play them,

456
00:31:33,203 --> 00:31:36,785
just like in the boardroom, people go, AI minus, minus,

457
00:31:36,926 --> 00:31:40,408
AI minus, minus, AI minus, minus. There's a hatred, a

458
00:31:40,988 --> 00:31:44,551
hatred. I see it. I recognize it. I hear it's

459
00:31:44,651 --> 00:31:48,794
AI. I got you. You know, but that hatred, I

460
00:31:49,214 --> 00:31:53,337
think, is holding people back from exploring the creator, ways

461
00:31:53,437 --> 00:31:56,339
it can be used. See, I think what we are

462
00:31:56,379 --> 00:32:01,562
describing, what this conversation is a perfect description. of the

463
00:32:01,622 --> 00:32:07,867
entire problem of the current landscape of AI. Because... the

464
00:32:09,508 --> 00:32:16,412
In order to... You have... You have people who are,

465
00:32:16,593 --> 00:32:18,594
like you said, you have people who are getting doom

466
00:32:18,694 --> 00:32:23,297
trolled. and have negative reactions to it for that. You

467
00:32:23,357 --> 00:32:26,359
have people in a corporate world who are being AI

468
00:32:26,539 --> 00:32:29,561
slopped to death and they hate it. But then you

469
00:32:29,701 --> 00:32:35,646
also have people like yourself. who are having incredible success

470
00:32:35,726 --> 00:32:40,629
with it. And when you have incredible success with it.

471
00:32:41,550 --> 00:32:48,875
It makes you defensive. about negativity towards it. And then

472
00:32:49,195 --> 00:32:52,457
when you have nothing but negative experiences with it. it

473
00:32:52,517 --> 00:32:55,559
makes you defensive against the people who are having success.

474
00:32:56,440 --> 00:32:58,421
It's like it's got to be binary. It can only

475
00:32:58,481 --> 00:33:00,743
be one or the other, either AI good or AI

476
00:33:00,843 --> 00:33:06,206
bad. And that's not... That's not a healthy thing. No.

477
00:33:07,427 --> 00:33:12,691
in general for any sort of like technology. I mean,

478
00:33:12,831 --> 00:33:15,853
in the end, 10 years from now, all this stuff

479
00:33:15,913 --> 00:33:17,834
is going to fade into just being part of the

480
00:33:17,854 --> 00:33:20,596
tools we use and it's going, and all the, all

481
00:33:20,636 --> 00:33:23,158
the stupid use cases for it that people try to

482
00:33:23,178 --> 00:33:25,940
cram into it are going to fade. And what's going

483
00:33:25,960 --> 00:33:30,803
to be left is going to be the verified. verifiable

484
00:33:32,404 --> 00:33:39,149
Use cases like coding, like creative works. where where these

485
00:33:39,349 --> 00:33:46,414
tools really do shine. But like attestation work? and knowledge

486
00:33:46,534 --> 00:33:52,418
work. Man, that is never going to be reliable. It's

487
00:33:52,458 --> 00:33:57,441
just not. Because knowledge work assumes knowledge, and there's not

488
00:33:57,541 --> 00:34:01,904
any. And so, like, the, the, I think, I think

489
00:34:02,085 --> 00:34:04,987
you are just basically, you are like in the wheelhouse.

490
00:34:05,967 --> 00:34:13,092
of what these tools are built for, creativity and verifiable

491
00:34:13,112 --> 00:34:16,594
development work. You can code like crazy now. You can

492
00:34:17,075 --> 00:34:20,957
output tons of cool stuff. And you can have really

493
00:34:20,997 --> 00:34:24,300
reliable creative workflows. And I think those are the two

494
00:34:24,460 --> 00:34:27,922
like. Basically, those are the two pinnacles of this technology

495
00:34:27,982 --> 00:34:30,764
and where it really shines. Everything else downstream from that

496
00:34:30,904 --> 00:34:34,026
falls off so fast. And that's what most of society

497
00:34:34,086 --> 00:34:36,628
is left with because there's not – most of society

498
00:34:36,708 --> 00:34:40,531
is not in the creative – you know, the creative

499
00:34:40,591 --> 00:34:45,534
business, the creative side of things. And that's just. You

500
00:34:45,574 --> 00:34:48,656
know, like, it takes... You... I think that's why people

501
00:34:48,676 --> 00:34:52,379
have different experiences with AI at coding agents. I've had

502
00:34:52,439 --> 00:34:58,523
great experiences with them in general. And it's because... If

503
00:34:58,583 --> 00:35:03,446
you already know... how to talk, or excuse me, if

504
00:35:03,486 --> 00:35:06,228
you already know how things are structured, and you do

505
00:35:06,328 --> 00:35:08,790
too, even though you weren't a coder, you understand computers,

506
00:35:08,810 --> 00:35:12,552
you understand networks, you know how these things work. Generally

507
00:35:12,613 --> 00:35:15,374
speaking, you had enough knowledge to where this was a

508
00:35:15,555 --> 00:35:19,417
natural thing for you. And, but you, there's a lot

509
00:35:19,457 --> 00:35:21,359
of people out there who are non coders who try

510
00:35:21,439 --> 00:35:24,601
to vibe code and man, it's just a complete train

511
00:35:24,641 --> 00:35:27,783
wreck. They don't know what to do. I mean, like

512
00:35:27,823 --> 00:35:30,405
they, they're having, they're just, there is just complete garbage

513
00:35:30,465 --> 00:35:33,507
that comes out or it's something that looks good to

514
00:35:33,607 --> 00:35:35,848
them. And on the, in the underside of it's just

515
00:35:35,969 --> 00:35:40,952
rot. So just bringing it back to podcasting, I completely

516
00:35:41,052 --> 00:35:46,255
believe there is a category of podcasts where a TTS

517
00:35:46,856 --> 00:35:53,681
voice is appropriate. um and i'm i'm quite confident that

518
00:35:53,761 --> 00:35:59,204
people will become very accustomed to it Now. I mean,

519
00:35:59,224 --> 00:36:04,188
I have many times I've hit a YouTube video. And

520
00:36:04,228 --> 00:36:07,410
there's a person talking. And it will only be after

521
00:36:07,490 --> 00:36:10,412
five minutes that I realize, oh, wait a minute. This

522
00:36:10,692 --> 00:36:15,075
is AI. And the reason why I notice it is

523
00:36:15,095 --> 00:36:17,577
because of the sentence structure and the writing. The writing

524
00:36:17,677 --> 00:36:20,119
is just so obvious. You know, let's dive in. You

525
00:36:20,119 --> 00:36:23,221
know, this isn't your daddy's Oldsmobile. You know, like that

526
00:36:23,281 --> 00:36:29,145
kind of stuff. Uh... But it's not like it's offensive.

527
00:36:31,346 --> 00:36:34,749
And so I'm, you know. I think we're in a

528
00:36:35,009 --> 00:36:43,054
very big moment of exploration and creative. experimentation, and things

529
00:36:43,114 --> 00:36:46,236
will come out of this that will be completely LLM

530
00:36:46,336 --> 00:36:50,459
driven and will be accepted and will be used and

531
00:36:50,539 --> 00:36:55,062
enjoyed. And I'm not going to push back against it.

532
00:36:57,224 --> 00:37:00,806
As you know, I too find the talking robot to

533
00:37:00,886 --> 00:37:03,969
be a parlor trick, and it's because our brains are

534
00:37:04,009 --> 00:37:06,951
trained to think, oh, this person's talking to me, and

535
00:37:07,571 --> 00:37:10,073
I've seen movies and TV shows, and so I'm going

536
00:37:10,093 --> 00:37:12,014
to assume it's all right and real and there's a

537
00:37:12,054 --> 00:37:14,476
real person behind it, which is why I always call

538
00:37:15,116 --> 00:37:18,959
my agents robot, because I don't want to anthropomorphize it.

539
00:37:20,420 --> 00:37:23,162
But I really believe we're going to get to a

540
00:37:23,182 --> 00:37:27,264
place where there will be text-to-speech podcasts that will be

541
00:37:27,324 --> 00:37:30,667
accepted, and people will enjoy them, and they will listen

542
00:37:30,767 --> 00:37:33,869
to them. There's not going to be a no-agenda show

543
00:37:34,029 --> 00:37:38,192
or a podcasting 2.0 where Adam and Dave are interacting

544
00:37:38,272 --> 00:37:41,094
as human beings. I don't think it'll ever get there,

545
00:37:41,114 --> 00:37:45,117
certainly not the LLM route. But other things, yeah, I

546
00:37:45,177 --> 00:37:55,464
think I can see that. against it. I mean, I

547
00:37:55,504 --> 00:38:07,912
sort of do. Why? Because... And it's okay. I'm not

548
00:38:07,932 --> 00:38:09,733
trying to convince you of anything. In fact, I find

549
00:38:09,773 --> 00:38:12,375
it more enjoyable that we disagree. It makes for a

550
00:38:12,395 --> 00:38:19,620
much better podcast. I think that the thing that made

551
00:38:19,700 --> 00:38:24,804
podcasting what it is. I don't think it was the

552
00:38:24,844 --> 00:38:30,047
technology. The RSS. Oh, of course not. RSS is not

553
00:38:33,950 --> 00:38:39,033
It could have been anything. The thing that makes Podcasting,

554
00:38:39,113 --> 00:38:45,097
so... drove it to the critical mass that it has

555
00:38:45,578 --> 00:38:51,282
become. was the humanity of it. was the fact that

556
00:38:51,442 --> 00:38:58,186
anybody could do it. Right. And any person could just

557
00:38:58,447 --> 00:39:02,209
fire up a microphone and start talking. Yes, I completely

558
00:39:02,269 --> 00:39:06,952
agree. And when you hear that in your headphones. We

559
00:39:07,092 --> 00:39:10,375
know it's another, we hear the humanity on the other

560
00:39:10,435 --> 00:39:16,119
side. And when the, we can tell. And when you

561
00:39:16,259 --> 00:39:20,482
hear the humanity... on the other side, it makes you

562
00:39:20,602 --> 00:39:23,744
feel like you know that person, just like it did.

563
00:39:24,544 --> 00:39:27,686
When you were... you know, listening to a DJ on

564
00:39:27,746 --> 00:39:31,929
the radio and, you know, in 1987, and you just,

565
00:39:32,210 --> 00:39:33,811
you felt like you could just see them in the

566
00:39:33,851 --> 00:39:37,413
studio and you felt like they, that you knew, you

567
00:39:37,493 --> 00:39:42,376
just knew them. Well, I've always had that opinion, which

568
00:39:42,456 --> 00:39:44,578
is why I've never done video. I thought it was

569
00:39:44,598 --> 00:39:47,280
a huge mistake when radios, in fact, I think radio

570
00:39:47,360 --> 00:39:51,262
stations killed themselves by putting cameras in the studio. Look

571
00:39:51,303 --> 00:39:52,984
at me with my headphones on. Look at me. I'm

572
00:39:53,184 --> 00:39:54,765
pushing all the buttons. Look at me. Look at I'm

573
00:39:54,845 --> 00:39:57,267
so cool. Look at this. I thought that was a

574
00:39:57,307 --> 00:39:59,608
big mistake because you lost the theater of the mind.

575
00:40:00,340 --> 00:40:05,803
And podcasting, I've enjoyed podcasting for interviews. I've enjoyed them

576
00:40:05,903 --> 00:40:11,107
for hearing the humanity of someone, of hearing different ideas

577
00:40:11,267 --> 00:40:15,270
and debates. I've done things like sound seeing tours, we

578
00:40:15,350 --> 00:40:18,552
used to call them, just walking around the street. So

579
00:40:19,132 --> 00:40:21,294
that is very much a theater of the mind. But

580
00:40:21,314 --> 00:40:26,938
it is also an information delivery system where people listen

581
00:40:27,018 --> 00:40:31,981
to podcasts instead of reading. Audiobooks the same conversation we

582
00:40:32,041 --> 00:40:36,464
had by the way with audiobooks the same conversation. Oh

583
00:40:36,564 --> 00:40:39,086
No, you can't have all you kids audiobooks is cheating.

584
00:40:39,146 --> 00:40:44,390
That's not real reading So podcasting is a lot of

585
00:40:44,410 --> 00:40:48,813
things. And it is also an information delivery system. And,

586
00:40:48,853 --> 00:40:52,555
you know, which is good and bad. I've always said

587
00:40:52,575 --> 00:40:54,717
to people, don't speed it up because you're going to

588
00:40:54,777 --> 00:40:57,699
become very frustrated with the human beings in your life

589
00:40:57,799 --> 00:41:00,601
around you because they're not talking fast enough. But people

590
00:41:00,661 --> 00:41:02,382
do that because they want more information, feed more into

591
00:41:02,422 --> 00:41:06,945
my head. But just as a, I listen to. Spurlock

592
00:41:07,045 --> 00:41:11,488
posted in an Atlantic article this morning. I read part

593
00:41:11,568 --> 00:41:16,291
of it. What was it about? I didn't get very

594
00:41:16,351 --> 00:41:19,734
far, but I started reading. Oh, it was about AGI

595
00:41:19,854 --> 00:41:22,436
and LLMs. It's never going to be the right way.

596
00:41:22,456 --> 00:41:25,178
It's never going to work. And I was cleaning out

597
00:41:25,198 --> 00:41:28,360
the dishwasher, which is typically my podcast listening time. And

598
00:41:28,420 --> 00:41:33,463
I saw, oh, there's a 10-minute text-to-speech version of it

599
00:41:33,603 --> 00:41:35,665
in the player. And I hit the player. And I

600
00:41:35,745 --> 00:41:39,567
immediately could tell it was actually a bit. surprisingly, is

601
00:41:39,607 --> 00:41:43,250
something, some service called the News Voice Service or whatever.

602
00:41:43,270 --> 00:41:45,752
I'm like, wow, you guys really suck if anyone's paying

603
00:41:45,812 --> 00:41:48,994
for that because I got better TTS voices than this.

604
00:41:49,714 --> 00:41:51,856
But it gave me the information while I was cleaning

605
00:41:51,896 --> 00:41:53,897
out the dishwasher in 10 minutes and I was okay

606
00:41:53,977 --> 00:41:55,518
with it. And I had to sit down and say,

607
00:41:56,039 --> 00:41:58,040
why was I okay with it? Well, I just wanted

608
00:41:58,080 --> 00:42:00,662
to get the information. I wanted to multitask and it

609
00:42:00,722 --> 00:42:02,703
worked okay for me and I wasn't mad about it.

610
00:42:03,764 --> 00:42:08,407
So, I'm just saying that... I want to force myself

611
00:42:08,487 --> 00:42:11,889
to be more open and podcasting is not just for

612
00:42:11,969 --> 00:42:15,972
humans. It's not just for this type of show. And

613
00:42:16,032 --> 00:42:21,016
it's certainly not just for advertising, which is pretty much

614
00:42:21,036 --> 00:42:25,318
all news about podcasting is only about how long is

615
00:42:25,419 --> 00:42:30,002
a play and value for value, streaming sats is dead

616
00:42:30,102 --> 00:42:33,884
and all these different things. The money is the least

617
00:42:34,024 --> 00:42:38,848
interesting part of it to me. Agree. I mean, it's

618
00:42:38,848 --> 00:42:43,151
the least interesting part to me as well. And... I

619
00:42:43,231 --> 00:42:50,456
mean, the... podcasting. If we're talking about podcasting as a

620
00:42:50,516 --> 00:42:57,521
whole, then... I think that podcast... I also have no

621
00:42:57,621 --> 00:43:00,402
problem just like using the screen reader thing built into

622
00:43:00,463 --> 00:43:03,965
Mobile Safari to just read the article. I have no

623
00:43:04,045 --> 00:43:09,909
problem with that because I know what I'm doing. I've

624
00:43:09,969 --> 00:43:13,551
taken the- I've made the choice to go into... A

625
00:43:13,611 --> 00:43:20,616
mode. where I have set the context for the experience

626
00:43:20,696 --> 00:43:32,244
I'm having. If podcasting in general, overall... comes dominated. Bye.

627
00:43:33,545 --> 00:43:42,511
generated content. It is going to cheapen... and turn sentiment

628
00:43:42,631 --> 00:43:49,096
against podcasting negative on the whole. I completely disagree. Podcasting

629
00:43:49,176 --> 00:43:55,480
is not like one thing. I mean... There's no recommendation

630
00:43:55,680 --> 00:43:59,163
engine. You hear about a podcast from someone. This is

631
00:43:59,182 --> 00:44:01,484
what I've always said. You hear about a podcast from

632
00:44:01,564 --> 00:44:04,686
someone. Oh, okay, I'll go listen to that podcast. Now,

633
00:44:04,746 --> 00:44:07,388
if you're just toodling around and searching for stuff and

634
00:44:07,408 --> 00:44:10,470
you pop up against something, oh, it's an AI voice.

635
00:44:10,490 --> 00:44:12,011
You may like it or you may not like it.

636
00:44:12,271 --> 00:44:16,414
But it's not overshadowing anything. This is the part I

637
00:44:16,474 --> 00:44:19,536
disagree with. But this is the problem. But like, think

638
00:44:19,616 --> 00:44:27,522
about... What was that company? The big slop company that...

639
00:44:28,583 --> 00:44:34,226
Inception Point AI. Inception Point. They were shooting shows to

640
00:44:34,286 --> 00:44:38,289
the top of the charts in Spotify's podcast app. And

641
00:44:38,750 --> 00:44:42,572
as people see things, they go into podcasts. They go

642
00:44:42,732 --> 00:44:45,554
into the podcast section on Spotify or whatever or Apple

643
00:44:45,594 --> 00:44:48,316
Podcasts. And these things are trending at the top of

644
00:44:48,356 --> 00:44:50,598
the list. And they hit it. And it's just like

645
00:44:50,658 --> 00:44:54,780
some half-assed slop. Okay, but right there. Already, I don't

646
00:44:54,840 --> 00:44:57,202
believe, and I've said this, I don't believe in charts

647
00:44:57,302 --> 00:45:01,645
for podcasting. I don't believe in awards for podcasting. It's

648
00:45:01,725 --> 00:45:04,707
dumb. But because you don't believe in it doesn't mean

649
00:45:04,767 --> 00:45:07,129
that it's not having an effect. And because most people's

650
00:45:07,129 --> 00:45:10,711
interaction with podcasts, is with something like Apple Podcasts. Oh,

651
00:45:10,711 --> 00:45:13,994
I completely disagree that that's how people find their podcasts.

652
00:45:14,474 --> 00:45:16,815
I'm not saying that's how they find them. I'm saying

653
00:45:17,616 --> 00:45:21,699
that is their vision of what podcasting is. Right. Okay.

654
00:45:22,239 --> 00:45:25,501
But then that's why other podcast apps can do a

655
00:45:25,561 --> 00:45:29,984
better job. We're not beholden to Apple. This is the

656
00:45:30,024 --> 00:45:32,066
loop that I want us to get out of. You

657
00:45:32,066 --> 00:45:34,447
know, Apple's doing this, so we've got to do this.

658
00:45:34,808 --> 00:45:37,970
Who gives a shit? I don't care. I tell my

659
00:45:38,070 --> 00:45:41,532
listeners to use a modern podcast app. Turns out a

660
00:45:41,592 --> 00:45:44,875
lot of them have been drawn to Podverse and Podcast

661
00:45:44,935 --> 00:45:51,439
Guru. And they get a different experience. We're not slaves

662
00:45:51,499 --> 00:45:55,482
to Apple because they want to surface all of the

663
00:45:55,562 --> 00:45:58,564
Charlie Kirk murder mysteries that are all from Inception Point

664
00:45:58,664 --> 00:46:02,987
AI. That's not going to kill podcasting. That'll kill Apple

665
00:46:03,027 --> 00:46:09,091
podcasting. Okay, let me throw this at you. Jim Daly

666
00:46:09,692 --> 00:46:13,134
announced his retirement, right? From Focus on the Family. Huge

667
00:46:13,234 --> 00:46:17,717
podcast. Lots of downloads. They're a big player in the

668
00:46:17,777 --> 00:46:22,440
industry. They announced that they're starting a transition for the

669
00:46:22,520 --> 00:46:25,562
next person who's going to replace him. Mm-hmm. What if

670
00:46:25,602 --> 00:46:29,185
they decided to just do AI? Just do AI voices.

671
00:46:31,386 --> 00:46:37,390
Well, what if they did? They would lose two-thirds of

672
00:46:37,390 --> 00:46:40,593
their listenership. Of course they would. And I'm saying, and

673
00:46:40,693 --> 00:46:45,076
that's my point. My point is that knowing that something

674
00:46:45,096 --> 00:46:50,719
is AI. that you're not expecting it to be or

675
00:46:50,800 --> 00:46:54,642
that you did not choose When AI is given to

676
00:46:54,742 --> 00:46:58,565
you rather than you setting it up and choosing it

677
00:46:58,605 --> 00:47:03,148
yourself. Okay, but this... You feel at its mercy rather

678
00:47:03,208 --> 00:47:05,449
than being in control of it. Okay, but that's... Then

679
00:47:05,570 --> 00:47:09,592
I would go look for a different podcast about... family

680
00:47:09,833 --> 00:47:15,196
issues and to to serve an existing audience with a

681
00:47:15,316 --> 00:47:19,339
different type of uh of voice that's just a dumb

682
00:47:19,459 --> 00:47:22,041
idea i mean that's that's the same as saying well

683
00:47:22,041 --> 00:47:24,362
what if i just replaced john and adam on no

684
00:47:24,462 --> 00:47:26,564
agenda with ai voice of course people would run away

685
00:47:26,644 --> 00:47:29,866
it's not going to be the same thing No, what

686
00:47:30,046 --> 00:47:33,048
I'm saying is... I think I want to say is

687
00:47:33,389 --> 00:47:39,673
subtly different. What I'm talking about is... that a show

688
00:47:41,474 --> 00:47:45,637
If you had an equivalent show of AI voices. and

689
00:47:45,977 --> 00:47:47,998
on one side, and a Jim Daley focus on the

690
00:47:48,019 --> 00:47:52,001
family, human show on the other side, the AI show

691
00:47:52,061 --> 00:47:57,245
would just never, it would just never. match up exactly

692
00:47:57,265 --> 00:47:59,386
it would never make it well exactly but that but

693
00:47:59,406 --> 00:48:01,928
that's not the that's not what i'm talking about of

694
00:48:02,008 --> 00:48:05,350
course it'll never make it it doesn't mean that there's

695
00:48:05,430 --> 00:48:09,453
not place okay so i created a new service for

696
00:48:09,773 --> 00:48:13,616
for focus for focus live and it's three different voices

697
00:48:13,676 --> 00:48:17,118
they're ai uh there's a there's a format that i

698
00:48:17,218 --> 00:48:20,581
put in place for it and it's i don't have

699
00:48:20,601 --> 00:48:24,563
them saying hey i'm i'm bob uh bob thingamadig here's

700
00:48:24,623 --> 00:48:28,326
the news i just say Meow. Actually, as a joke,

701
00:48:28,406 --> 00:48:30,047
I say, here's the news at this hour, because I

702
00:48:30,067 --> 00:48:33,730
know that that's an urgency thing that news uses. And

703
00:48:33,750 --> 00:48:35,811
you've heard it. You've listened to it. You realize it's

704
00:48:35,891 --> 00:48:38,153
AI. Are you turned off by it? Do you go,

705
00:48:38,173 --> 00:48:41,735
oh, that's AI. I can't listen to this? No, because

706
00:48:41,835 --> 00:48:43,837
it's appropriate. No, but that was never my point. No,

707
00:48:43,897 --> 00:48:47,279
but it's appropriate for the format and for the information

708
00:48:47,299 --> 00:48:50,821
that's being delivered. It's not appropriate for a focus on

709
00:48:50,881 --> 00:48:53,183
the family with Jim Daly. It's just not appropriate. It's

710
00:48:53,183 --> 00:48:59,447
two different things. one over the other because one is

711
00:48:59,507 --> 00:49:04,351
human and one isn't. I'm not saying that either. You

712
00:49:04,431 --> 00:49:07,193
said something that I agree with. It's appropriate for the

713
00:49:07,293 --> 00:49:10,375
information as it's being delivered. And I'm saying that podcasting...

714
00:49:11,615 --> 00:49:19,141
podcasting, just as a general idea. is not appropriate. 4.

715
00:49:20,021 --> 00:49:25,465
synthetic. machine generated content. That's what I'm saying. I'm just

716
00:49:25,505 --> 00:49:30,969
going to disagree. As an information delivery system, it can

717
00:49:31,109 --> 00:49:36,613
be highly appropriate. But you're making podcasting into something that

718
00:49:36,653 --> 00:49:39,154
it started out as when you had the Rock and

719
00:49:39,174 --> 00:49:41,736
Roll Geek Show and Don and Drew and the Daily

720
00:49:41,836 --> 00:49:46,179
Source Code and weird people talking about weird stuff and

721
00:49:46,579 --> 00:49:51,803
long soliloquies. Sure. And that won't go away, but it

722
00:49:51,883 --> 00:49:57,006
also won't get killed by a different type of show.

723
00:49:57,927 --> 00:49:59,989
that delivers information.

724
00:50:00,240 --> 00:50:05,583
that may be completely appropriate to be computer generated. I

725
00:50:05,723 --> 00:50:07,765
just feel you. I want to be open to it.

726
00:50:08,305 --> 00:50:11,367
It's the same as I can listen to an audio

727
00:50:11,487 --> 00:50:15,990
book that's generated by an LLM. I can listen to

728
00:50:16,070 --> 00:50:20,834
it. It doesn't kill me that much. You know. It's

729
00:50:20,874 --> 00:50:24,256
just... I don't want to be against it just because

730
00:50:24,456 --> 00:50:32,282
it's there. Well... I see. You've had such success with

731
00:50:32,382 --> 00:50:36,905
it. And what I'm saying is... That success can just

732
00:50:36,985 --> 00:50:42,088
stand on its own. The success that you've had, which

733
00:50:42,128 --> 00:50:46,071
has been incredible. does not have to extend into the

734
00:50:46,231 --> 00:50:51,795
other uses of it. Like people can, just because you've

735
00:50:51,835 --> 00:50:56,278
had success in your workflow and in your product. Building.

736
00:50:57,659 --> 00:51:01,081
with it doesn't mean that it also has to be

737
00:51:01,281 --> 00:51:06,945
okay. for content. to be generated by it in places

738
00:51:06,985 --> 00:51:13,049
where it's not appropriate. But what's appropriate? This is my

739
00:51:13,149 --> 00:51:16,892
entire point. What is appropriate is not up to me.

740
00:51:18,013 --> 00:51:21,735
No, it's completely subjective. And I'm saying that it's completely

741
00:51:21,795 --> 00:51:28,580
subjective, but I'm saying even when dealing with subjectiveness. There

742
00:51:28,920 --> 00:51:34,004
are... You can average the subjectiveness across a large body

743
00:51:34,084 --> 00:51:37,506
of people and come to some conclusions. And what I'm

744
00:51:37,566 --> 00:51:40,988
saying, like, yes, it is subjective. One person may not

745
00:51:41,048 --> 00:51:44,130
like this type of content. Another person might. But if

746
00:51:44,190 --> 00:51:46,292
you step back and look at things as a whole.

747
00:51:47,012 --> 00:51:50,395
You'll see that there are patterns and there are things

748
00:51:50,955 --> 00:51:55,518
that generally most people are turned off by. And if...

749
00:51:56,939 --> 00:52:01,702
synthetic voices pretending to be real or synthetic voices talking

750
00:52:01,782 --> 00:52:05,485
about matters, and this is why I brought up Focus

751
00:52:05,505 --> 00:52:10,388
on the Family. I want, if I'm talking about... about.

752
00:52:11,129 --> 00:52:18,114
space. and ethics and family and politics. I want a

753
00:52:18,194 --> 00:52:20,936
human talking to me about this. I know you. I'm

754
00:52:21,016 --> 00:52:24,778
not disagreeing with what you're saying. I'm saying that I

755
00:52:24,838 --> 00:52:26,699
don't want to be in a place where I'm trying

756
00:52:26,739 --> 00:52:29,922
to stop something that may be unstoppable. Let's take faith

757
00:52:30,042 --> 00:52:35,345
specifically as an example. And I hate this example, but

758
00:52:35,706 --> 00:52:39,929
I cannot deny that it's happening. People are... pouring their

759
00:52:39,989 --> 00:52:45,472
hearts out into glue.com AI chatbots on church websites because

760
00:52:45,512 --> 00:52:48,694
they feel more comfortable talking to that than to their

761
00:52:48,735 --> 00:52:53,438
pastor. I think it's bad, and I think that... These

762
00:52:53,518 --> 00:52:58,361
people need to be exposed to humans. And I certainly

763
00:52:58,381 --> 00:53:01,383
don't think that a church should be promoting this. But

764
00:53:01,403 --> 00:53:05,966
that doesn't mean that it's not happening. And it doesn't

765
00:53:05,986 --> 00:53:10,209
mean that someone may not find benefit from it. I

766
00:53:10,369 --> 00:53:13,331
personally don't want it. I personally don't like it. But

767
00:53:13,531 --> 00:53:20,156
when we're making decisions and building, funny enough, AI models

768
00:53:20,416 --> 00:53:25,059
and putting weights into them to remove all AI voices.

769
00:53:25,740 --> 00:53:30,103
I just want to question The validity and who gets

770
00:53:30,163 --> 00:53:33,725
to make decisions based upon that and for what reasons.

771
00:53:34,786 --> 00:53:38,208
because there can be very appropriate reasons. And even if

772
00:53:38,308 --> 00:53:42,051
it's 1% of people who want to hear 1% of

773
00:53:42,651 --> 00:53:47,655
synthetic voices for 1% of the type of content, I

774
00:53:47,815 --> 00:53:58,262
don't necessarily want to give them a no. That's... I

775
00:53:58,362 --> 00:54:01,444
understand where you're coming from. And we cannot ignore that

776
00:54:01,524 --> 00:54:04,826
the hatred you have to the work slop and corporate

777
00:54:04,966 --> 00:54:09,690
AI incessant, AI, AI, AI, AI, AI, AI, AI, that

778
00:54:09,730 --> 00:54:15,554
that doesn't play into it. It absolutely does. It absolutely

779
00:54:15,614 --> 00:54:19,837
does. And we're like fighting the machine. Because we are.

780
00:54:19,857 --> 00:54:21,518
We're kind of like, oh, we're fighting the machine. We're

781
00:54:21,558 --> 00:54:24,480
fighting this, and this is horrible. And, you know, I've

782
00:54:24,520 --> 00:54:27,962
listened to Inception Point AI shows. I'm like, meh, it's

783
00:54:28,002 --> 00:54:32,005
not for me. But that's more because the writing is

784
00:54:32,065 --> 00:54:34,106
just so crap. You know, the voice, it's not the

785
00:54:34,186 --> 00:54:37,929
voice that bothers me. It's that there's no humanity in

786
00:54:37,969 --> 00:54:40,971
the writing. And that's always the giveaway, and I don't

787
00:54:41,031 --> 00:54:45,694
see that LLMs will, ever really they just haven't proven

788
00:54:45,754 --> 00:54:48,076
it yet that they can get to a place where

789
00:54:48,116 --> 00:54:51,038
the writing is appropriate and it doesn't bug me me

790
00:54:51,258 --> 00:54:54,580
personally but the voice is the least is the least

791
00:54:54,720 --> 00:54:58,803
offensive thing If it's just about information I want to

792
00:54:58,843 --> 00:55:01,265
get. I'm not looking for a personality. I'm not looking

793
00:55:01,305 --> 00:55:04,827
for community. I'm just looking for some information about one

794
00:55:05,168 --> 00:55:13,113
particular thing, and this audio has it. boardroom. Is Gripen

795
00:55:13,173 --> 00:55:14,754
at us talking about AI? But I can tell you

796
00:55:14,814 --> 00:55:17,816
this. We're talking about podcasting. We're not talking about AI.

797
00:55:18,056 --> 00:55:21,198
This is about the future of podcasting, literally what we're

798
00:55:21,258 --> 00:55:27,283
supposed to be doing. And you will not hear a

799
00:55:27,323 --> 00:55:32,706
discussion like this. Anywhere else that I'm aware of where

800
00:55:32,766 --> 00:55:38,891
people are. In in transparent disagreement about AI. It's usually,

801
00:55:38,931 --> 00:55:42,653
it's either AI is awesome and I love it and

802
00:55:42,753 --> 00:55:44,554
it's going to be the best thing ever or it's

803
00:55:44,895 --> 00:55:46,576
AI is the worst thing and it's going to kill

804
00:55:46,596 --> 00:55:49,558
everybody and destroy the world. You only get two sides.

805
00:55:50,098 --> 00:55:55,382
You won't hear disagreements. Exactly. You won't hear honest disagreements.

806
00:55:55,582 --> 00:56:01,066
Exactly. Let's talk about something else because I think we've...

807
00:56:01,946 --> 00:56:04,588
We've done this. Can we talk about lightning for a

808
00:56:04,628 --> 00:56:08,411
second? Yes, absolutely. That's a good idea because I have

809
00:56:08,451 --> 00:56:12,754
some thoughts about that. Because voltage is... bailing out on

810
00:56:12,774 --> 00:56:26,283
individual. Yeah. Um... nodes and they're going enterprise only. I

811
00:56:26,363 --> 00:56:29,805
mean... We have to talk about this in a couple

812
00:56:29,845 --> 00:56:37,350
of ways. Our income... from lightning has dwindled down to

813
00:56:37,450 --> 00:56:41,193
very little. And we're not the only ones. Yeah, from

814
00:56:41,273 --> 00:56:47,477
Podcast Index. We went from about... $50 a week down

815
00:56:47,597 --> 00:56:54,802
to... seven If that. Let me actually go look. And

816
00:56:55,022 --> 00:56:59,746
there's a couple of reasons for that. The obvious one.

817
00:57:00,806 --> 00:57:06,250
is the change in, uh, in protocols. The one that

818
00:57:06,290 --> 00:57:10,833
cannot be ignored is the price of Bitcoin. people tend

819
00:57:10,913 --> 00:57:13,895
to hang on to their sats if they've spent more

820
00:57:13,935 --> 00:57:16,697
than they're worth right now or if they're buying because

821
00:57:16,717 --> 00:57:18,819
they think it'll go up in value. I mean, that

822
00:57:18,899 --> 00:57:25,083
cannot be ignored. um but I think where you're going

823
00:57:25,123 --> 00:57:29,646
with this is that this centralizes lightning, which. you know,

824
00:57:29,786 --> 00:57:34,329
podcasting 2.0 and value for value, boosts and streaming payments.

825
00:57:35,310 --> 00:57:39,773
was always centralized. It was centralized from day one. And

826
00:57:39,853 --> 00:57:46,898
when we decentralize is when it fell apart. Uh, the...

827
00:57:47,918 --> 00:57:52,001
The most current for last week. Our total income on

828
00:57:52,041 --> 00:57:59,446
the index was $11.56. Mm-hmm. So that's- We're up! We're

829
00:57:59,486 --> 00:58:09,373
trending. Hockey stick. Hockey stick. So the monthly income. to

830
00:58:09,453 --> 00:58:27,485
the podcast index node in... June See? you $559. Not

831
00:58:27,525 --> 00:58:36,091
from lightning. way. No. That's way too much. No way.

832
00:58:37,873 --> 00:58:48,119
$50 maybe. Oh, that's from last year. We're down 10x.

833
00:58:50,101 --> 00:58:53,903
Okay, yeah, because based on the weekly... You're looking at

834
00:58:53,963 --> 00:58:57,046
what? 50 bucks? Yeah. For the month? Yeah, 50 bucks.

835
00:58:57,066 --> 00:58:59,727
So it's like 50 bucks for the month. Yeah, that

836
00:58:59,807 --> 00:59:02,329
monthly of last year was probably just single boost donors.

837
00:59:02,910 --> 00:59:08,473
But the weekly is, yeah, it's about 50 bucks a

838
00:59:08,553 --> 00:59:12,016
month. Yeah. Well, we're paying $240 a month for our

839
00:59:12,056 --> 00:59:16,939
lightning node at Voltage. Yes. That's not, that's not, we

840
00:59:16,979 --> 00:59:19,161
can't justify it. Is that on my credit card? I

841
00:59:19,261 --> 00:59:22,303
think I'm paying for that. You're paying, yes, yes, you're

842
00:59:22,343 --> 00:59:28,587
paying for that. 240 a month. Holy crap. That's a

843
00:59:28,647 --> 00:59:32,590
lot. We have to have a real discussion about whether

844
00:59:32,650 --> 00:59:35,912
we continue with this note or not because that's not

845
00:59:36,052 --> 00:59:40,936
sustainable. And we're about to have to upgrade the main

846
00:59:41,016 --> 00:59:47,640
podcast index database to the next higher size up. Wait,

847
00:59:47,860 --> 00:59:51,543
we... Well, let's look at the Genesis for a second.

848
00:59:52,443 --> 00:59:54,225
I'm going to go back to the genesis of this,

849
00:59:54,905 --> 00:59:59,448
because I've been thinking about this a lot. the um

850
01:00:00,420 --> 01:00:04,162
The genesis of value for value streaming payments goes back

851
01:00:04,282 --> 01:00:09,586
to the genesis of Podcast Index. Podcastindex.org was created when

852
01:00:09,726 --> 01:00:14,289
Apple decided to de-platform, remove from its database several podcasts,

853
01:00:14,810 --> 01:00:18,592
particularly during COVID. And it's irrelevant who they were. It

854
01:00:18,852 --> 01:00:23,496
doesn't matter. Apple was making decisions, which we're doing now

855
01:00:23,556 --> 01:00:26,538
too in an interesting way. But Apple was making decisions.

856
01:00:27,398 --> 01:00:30,420
And I called you and said, hey, since when are

857
01:00:30,460 --> 01:00:33,722
these guys the boss of podcasting? Because everybody was talking

858
01:00:33,762 --> 01:00:39,206
to their database, for lack of a better word, for

859
01:00:39,306 --> 01:00:41,808
all of the independent apps. And they were kind of

860
01:00:41,808 --> 01:00:43,829
the on-ramp to podcasting. I said, well, why don't we

861
01:00:43,829 --> 01:00:46,431
just build an alternative and we'll run it value for

862
01:00:46,491 --> 01:00:49,873
value. i.e. people who want to use this, they'll either

863
01:00:49,873 --> 01:00:51,855
support it or they won't, and it lives or dies

864
01:00:51,955 --> 01:00:57,379
by the support. And we have, quite honestly, 70% of

865
01:00:57,639 --> 01:01:03,583
our survival rate is based on hosting companies who send

866
01:01:03,663 --> 01:01:09,067
us PayPal very graciously every single month. And the 30%

867
01:01:09,847 --> 01:01:13,049
is very important to me, is the sustaining people who

868
01:01:13,109 --> 01:01:18,053
send us $5 or $10 or $7.50. You know, that's

869
01:01:18,093 --> 01:01:20,935
how value for value works. As a part of that...

870
01:01:21,955 --> 01:01:24,877
I suggested to you that we come, and I think,

871
01:01:24,917 --> 01:01:27,079
what was it? What was the name of the company?

872
01:01:27,299 --> 01:01:31,622
Cat something. What was it? The guy out in California.

873
01:01:31,802 --> 01:01:33,803
What was the initial nodes we were using when we

874
01:01:33,803 --> 01:01:37,706
were first testing it out? Sphinx. Cat. Sphinx. Cat. You

875
01:01:37,726 --> 01:01:40,368
were close. You were in the ballpark. That's how my

876
01:01:40,448 --> 01:01:46,352
brain works. Cat. Category error. Sphinx. Exactly. I said, look

877
01:01:46,412 --> 01:01:51,055
at this, because the idea was you're getting MP3 and

878
01:01:51,135 --> 01:01:54,297
bits and bytes in, and you're sending money out with

879
01:01:54,337 --> 01:01:57,500
this program. Well, money was very exciting, and it was

880
01:01:57,740 --> 01:02:01,802
partially, because PayPal was also, de-platforming people. I was like,

881
01:02:01,842 --> 01:02:08,207
what a great way to have independent value flow and

882
01:02:08,247 --> 01:02:12,930
have it automatic. And it caught some steam and we

883
01:02:13,010 --> 01:02:16,432
started to build on it. And then we had LNPAY,

884
01:02:16,633 --> 01:02:21,956
I think it was. Yes, LN Pay. LN Pay. And

885
01:02:21,976 --> 01:02:26,780
that centralized it, and everybody had something to work on.

886
01:02:26,880 --> 01:02:29,581
And then, you know, what's the guy's name at LN

887
01:02:29,641 --> 01:02:36,086
Pay? Good guy. Charlie? Doug? Tim? Tim. Tim. Yeah, Tim

888
01:02:36,226 --> 01:02:38,768
said, hey, man, you know, and we wound up paying

889
01:02:38,828 --> 01:02:42,350
for his infrastructure every single month to keep it alive.

890
01:02:42,430 --> 01:02:44,351
And then he said, I really can't do this anymore.

891
01:02:44,892 --> 01:02:46,773
And then Albie came along, and so we went from

892
01:02:46,913 --> 01:02:51,436
centralized on Sphinx, centralized on on LMPay, centralized on Albi.

893
01:02:51,496 --> 01:02:53,558
Then Albi said, well, we can't do this anymore for

894
01:02:53,638 --> 01:02:58,161
legal reasons. And then we went, okay, we'll decentralize. And

895
01:02:58,321 --> 01:03:01,303
it became very complicated because people need nodes that are

896
01:03:01,483 --> 01:03:05,326
up all the time. And we all tried Uncle Jim

897
01:03:05,466 --> 01:03:08,248
nodes and all kinds of different things. And that didn't

898
01:03:08,288 --> 01:03:10,689
really work. And then we said, okay, well, maybe the

899
01:03:10,730 --> 01:03:13,531
way is to switch to this other protocol that is

900
01:03:13,591 --> 01:03:16,894
not KeySend. And we had a very clear split in

901
01:03:16,954 --> 01:03:20,736
the community, very clear. At this point, it became a

902
01:03:22,377 --> 01:03:28,261
philosophical Bitcoin versus value for value, what it was really

903
01:03:28,362 --> 01:03:31,464
about, and it became Bitcoiners who said, well, we don't

904
01:03:31,504 --> 01:03:34,566
want this, and we want this, and that's centralized. But

905
01:03:34,586 --> 01:03:40,029
the whole thing had always been centralized. And that, and

906
01:03:40,090 --> 01:03:45,833
it fell apart. Honestly, going back to the genesis of

907
01:03:45,934 --> 01:03:51,818
Value for Value, the new international lifestyle. That system still

908
01:03:52,018 --> 01:03:57,842
exists today. It may just not work for Lightning and

909
01:03:57,902 --> 01:04:05,527
payments over Lightning because of the challenges. of wallets and

910
01:04:05,607 --> 01:04:09,349
connecting wallets and the challenges of people not wanting to

911
01:04:09,449 --> 01:04:13,612
have centralized systems and the challenges of people not understanding

912
01:04:13,652 --> 01:04:16,354
what Bitcoin is and not want to transfer money into

913
01:04:16,394 --> 01:04:21,858
a wallet. There's so many hurdles to this. I think

914
01:04:21,858 --> 01:04:24,280
there was another split that came along, which is when

915
01:04:24,420 --> 01:04:27,382
Noster was jumping in and like, hey, we should be

916
01:04:27,462 --> 01:04:31,364
doing podcasting and all this stuff. And then Fountain made

917
01:04:31,445 --> 01:04:35,347
decisions to, you know, add zaps. And so it became

918
01:04:35,427 --> 01:04:38,289
convoluted. And I personally think it's fallen apart. And I

919
01:04:38,449 --> 01:04:41,672
don't know if it can be resurrected. I don't know

920
01:04:41,711 --> 01:04:49,056
if it can either. I don't, I mean. I'm starting

921
01:04:49,097 --> 01:04:56,802
to see all of lightning as... as... failing to live

922
01:04:56,902 --> 01:05:01,165
up to its promise. I mean, Fountain is the best

923
01:05:01,265 --> 01:05:05,528
example of this. Look at the hoops that Oscar had

924
01:05:05,588 --> 01:05:08,550
to jump through to make that thing work. Yeah. I

925
01:05:08,630 --> 01:05:14,454
mean, with all the KYC and AML and Zebedee having

926
01:05:14,494 --> 01:05:19,077
to run, you know, all this, you know, KYC AML

927
01:05:19,137 --> 01:05:24,381
stuff and... I'm sure it's costing him a fortune. And

928
01:05:25,061 --> 01:05:29,784
technically is a challenge. Like, it is, that is not

929
01:05:29,824 --> 01:05:33,367
the promise that Lightning said it was. Lightning said it

930
01:05:33,427 --> 01:05:38,750
was going to be... the decentralized. low or you know

931
01:05:38,850 --> 01:05:46,856
zero or low fee Bitcoin Mechanism Right. That anybody could

932
01:05:46,896 --> 01:05:52,300
risk self-sovereignty. Bull crap is what I'm saying because that

933
01:05:52,380 --> 01:05:59,264
is not the case. Bull crap. Bull crap. It is.

934
01:05:59,344 --> 01:06:02,046
We're like Tourette's on this show today. Bull crap. Bull

935
01:06:02,066 --> 01:06:08,971
crap. I mean abroad. A broad embrace of KeySend could

936
01:06:09,031 --> 01:06:14,435
have changed the course of all that. Maybe. KeySend. Well,

937
01:06:15,015 --> 01:06:19,558
we talked to the kid over there at Strike. What's

938
01:06:19,598 --> 01:06:24,802
his name? strike yeah the mall mallers yeah we talked

939
01:06:24,822 --> 01:06:28,504
to him early on this arrogant piece of crap He

940
01:06:28,544 --> 01:06:32,607
really is. Arrogant, arrogant mofo. Look at me sitting in

941
01:06:32,687 --> 01:06:39,512
my closet with no clothes in my closet. And we

942
01:06:39,592 --> 01:06:41,974
said, hey, man, you could really change the game if

943
01:06:42,014 --> 01:06:44,655
you supported KeySend. Well, he had no intention of doing

944
01:06:44,695 --> 01:06:49,018
that. He did not care. That was the moment I

945
01:06:49,098 --> 01:06:52,941
think when... You know, that would have, you know, because

946
01:06:52,981 --> 01:06:56,443
he's got, look, I use Strike. He's got momentum with

947
01:06:56,503 --> 01:07:00,206
that thing. And people are using it. and, you know,

948
01:07:00,226 --> 01:07:02,287
it's the direct connection to the bank accounts and all

949
01:07:02,347 --> 01:07:04,349
that stuff. It's still centralized. It has nothing to do

950
01:07:04,389 --> 01:07:08,171
with Sovereign. But we also weren't necessarily... We didn't set

951
01:07:08,251 --> 01:07:10,473
out for, oh, it's got to be sovereign. That's when

952
01:07:10,513 --> 01:07:13,195
all the Bitcoin stuff, we were just like, we were

953
01:07:13,255 --> 01:07:16,057
looking at the functionality of it and religion came in.

954
01:07:17,157 --> 01:07:21,080
Well, so podcasting – and James says this all the

955
01:07:21,120 --> 01:07:25,323
time. Well, you can send bank-to-bank transfers in Australia with

956
01:07:25,883 --> 01:07:28,525
zero fee through an API. That's fine, but that's not

957
01:07:28,545 --> 01:07:31,968
the way podcasting works. Podcasting works across borders. And so

958
01:07:32,248 --> 01:07:35,850
anything that doesn't work, low fee or zero fee with

959
01:07:35,950 --> 01:07:39,193
instantaneous transfer, anything that doesn't work that way across international

960
01:07:39,253 --> 01:07:43,355
borders will not function properly for podcasting. Well, hold on.

961
01:07:43,676 --> 01:07:46,177
And so that's what lightning was supposed to be. Yes,

962
01:07:46,277 --> 01:07:52,862
for streaming. payments. Absolutely true. For streaming payments, It doesn't

963
01:07:52,862 --> 01:07:56,444
work for boosts either because international payments are super expensive.

964
01:07:58,826 --> 01:08:03,629
What do you mean? What doesn't work for boosts? internet

965
01:08:03,689 --> 01:08:07,992
like uh you know, like go. Having something that's got

966
01:08:08,052 --> 01:08:10,654
a bunch of fees on it. Well, that's not true.

967
01:08:11,675 --> 01:08:15,037
You mean for streaming sites or for boosts? For boosts.

968
01:08:15,137 --> 01:08:19,100
No, that's not true. I mean, I live from PayPal

969
01:08:19,320 --> 01:08:22,442
and Stripe boosts, for lack of a better term. And

970
01:08:22,522 --> 01:08:28,326
people even send me money with the fees. All I

971
01:08:28,386 --> 01:08:34,150
know is I tried to send, uh... um Kyron, some

972
01:08:34,190 --> 01:08:38,533
money through PayPal. to an Australian bank and the fees

973
01:08:38,573 --> 01:08:43,756
were like 20%. Well, to an Australian bank, not to

974
01:08:44,697 --> 01:08:48,820
an Australian PayPal. Well, no, it was to his PayPal,

975
01:08:48,900 --> 01:08:50,641
but it was connected to his bank on the back

976
01:08:50,761 --> 01:08:56,945
end. Well, that doesn't sound right because I get PayPals

977
01:08:57,046 --> 01:09:01,949
from Australia, New Zealand, Japan. We get Stripe from Argentina,

978
01:09:02,129 --> 01:09:05,852
from France. We get payments from all over the world,

979
01:09:06,372 --> 01:09:12,336
and the fees are about 3%. So I don't know

980
01:09:12,356 --> 01:09:17,119
what happened there. Well, see, what my research turned up

981
01:09:17,239 --> 01:09:21,722
one time was that like Australia, they use international transfer

982
01:09:21,842 --> 01:09:27,686
fees to fund. free internal transfers. They make it up

983
01:09:27,806 --> 01:09:30,989
on the other side. So they have really high, they

984
01:09:31,029 --> 01:09:36,933
have expensive international fees. But I mean, I think the

985
01:09:37,033 --> 01:09:41,036
offline, like... If Lightning had had Keith Send as a

986
01:09:41,096 --> 01:09:46,679
first-class citizen... enabled by default and some facility for offline

987
01:09:46,739 --> 01:09:50,862
payments and open invoices, it could have worked. It could

988
01:09:50,922 --> 01:09:54,004
have worked. It could have worked. But you're still dealing

989
01:09:54,044 --> 01:09:57,447
with a lot of the hurdles have become astronomical because

990
01:09:57,487 --> 01:09:59,988
you can't just have a Bitcoin wallet in every country.

991
01:10:00,260 --> 01:10:03,302
anymore. You know, there's all kinds of hoops that you

992
01:10:03,322 --> 01:10:05,703
have to jump through. And if you send more than

993
01:10:05,763 --> 01:10:08,705
8,000 sats, you know, the bank says, oh, what's this?

994
01:10:08,845 --> 01:10:13,068
Or even, even a strike in the UK has to

995
01:10:13,148 --> 01:10:16,291
block certain payments because you need a KYC for the

996
01:10:16,311 --> 01:10:20,193
person receiving it. So that that's, you know, unless we're

997
01:10:20,193 --> 01:10:23,496
living in a, in a Bitcoin standard world where everybody's

998
01:10:23,555 --> 01:10:26,538
paying each other with Bitcoin, it's, it's just going to

999
01:10:26,558 --> 01:10:28,919
be, I mean, I used to, I was, I would

1000
01:10:28,919 --> 01:10:33,462
send my daughter, on-chain Bitcoin to her bit my money

1001
01:10:33,562 --> 01:10:36,424
account whatever and she connected it to her bank and

1002
01:10:36,464 --> 01:10:38,346
You know at a certain point they're like well you

1003
01:10:38,386 --> 01:10:40,767
can't do that anymore You have to prove to my

1004
01:10:40,807 --> 01:10:43,369
daughter you have to prove that this is your wallet

1005
01:10:43,869 --> 01:10:46,531
And you can only send into our system from a

1006
01:10:46,571 --> 01:10:50,114
wallet that you have proved proven is your wallet So

1007
01:10:50,234 --> 01:10:53,616
I had to create a wallet for her And then

1008
01:10:53,716 --> 01:10:55,557
she had to show a picture of her phone that

1009
01:10:55,597 --> 01:10:58,039
she was alive. And then we had to sign the

1010
01:10:58,079 --> 01:11:02,462
wallet. So then I send money from my Bitcoin wallet

1011
01:11:02,842 --> 01:11:05,144
to her Bitcoin wallet. And then she sends that into

1012
01:11:05,584 --> 01:11:07,345
my money wallet so she can put it into her

1013
01:11:07,365 --> 01:11:11,168
bank account. It's become... What a joke. Now, it's still

1014
01:11:11,308 --> 01:11:14,911
cheaper than international money transfer. But I would like to

1015
01:11:14,951 --> 01:11:18,913
go back to the beginning of value for value. Because

1016
01:11:18,933 --> 01:11:21,275
the streaming payments, it was a dream. It was a

1017
01:11:21,355 --> 01:11:23,917
great dream. And I think you're right. got sold a

1018
01:11:23,957 --> 01:11:25,938
bill of goods. It didn't really turn out that way

1019
01:11:25,998 --> 01:11:29,380
with Lightning. It just didn't. Well, Lightning Labs from the

1020
01:11:29,501 --> 01:11:34,064
very beginning basically told us to F off because we

1021
01:11:34,724 --> 01:11:38,627
got on their Lightning roundtable discussions and all these kinds

1022
01:11:38,667 --> 01:11:45,371
of things and brought up the fact that small payments,

1023
01:11:45,832 --> 01:11:49,934
just a few sats of streaming payments, that small payments

1024
01:11:51,395 --> 01:11:56,139
were inefficient using bolt 11 and that we really need

1025
01:11:56,199 --> 01:12:01,122
a cake key send to be a universal default. And

1026
01:12:01,282 --> 01:12:03,724
their response was, you just need to send bigger payments.

1027
01:12:04,524 --> 01:12:07,727
I remember that. I forgot about that. You got to

1028
01:12:07,747 --> 01:12:11,189
send bigger payments. Okay. Well, I guess that means you

1029
01:12:11,249 --> 01:12:15,772
don't care. We should have walked away then. Yeah, honestly,

1030
01:12:15,792 --> 01:12:22,877
I mean, it's just... So what are you left with

1031
01:12:22,957 --> 01:12:27,740
for international pay? Stablecoins? No, no, no, no. I mean,

1032
01:12:27,940 --> 01:12:31,383
like every issuance of a stablecoin has a smart contract

1033
01:12:31,423 --> 01:12:33,744
with it where they can take your money away? Well,

1034
01:12:34,505 --> 01:12:38,528
okay. Let's forget stablecoin because stablecoin is a whole different

1035
01:12:38,548 --> 01:12:40,829
thing. I don't think anyone sees exactly where that's going

1036
01:12:40,889 --> 01:12:44,772
yet. It's not about the smart contract. It's about, you

1037
01:12:45,212 --> 01:12:49,095
know, it's a representation of a backing of the stablecoin.

1038
01:12:49,795 --> 01:12:53,158
which will be US Treasuries in most cases. It's irrelevant.

1039
01:12:53,918 --> 01:12:56,180
Because now you're back to the sovereignty. They can take

1040
01:12:56,220 --> 01:12:59,082
your money away. Look, the government can go to your

1041
01:12:59,122 --> 01:13:02,564
bank account right now and take your money away. You're

1042
01:13:02,564 --> 01:13:06,647
not safe anywhere. So the only thing you have maybe

1043
01:13:06,707 --> 01:13:09,669
is your Bitcoin keys and that's it. There's nothing else

1044
01:13:09,729 --> 01:13:13,471
in the universe that the government can't touch. But let's

1045
01:13:13,491 --> 01:13:18,655
just talk about podcasting. And I think that for me,

1046
01:13:19,475 --> 01:13:22,277
I would rather see energy and focus put into the

1047
01:13:22,337 --> 01:13:26,680
funding tag right now, which can be connected to Apple

1048
01:13:26,740 --> 01:13:30,663
Pay and Google Pay. And we know that the Apple

1049
01:13:30,783 --> 01:13:34,265
App Store now will not delete your app if you

1050
01:13:34,366 --> 01:13:38,929
have a button on your app for a donation. We

1051
01:13:39,029 --> 01:13:45,753
proved that through lawsuits, basically, with the gaming company. So.

1052
01:13:46,714 --> 01:13:52,098
that's a real possibility to implement to help people get

1053
01:13:52,158 --> 01:13:53,919
value for value. But I just want to talk about

1054
01:13:53,939 --> 01:13:57,181
value for value for a second. Because I have lived

1055
01:13:57,261 --> 01:14:01,844
on this for almost, in October, 19 years. And it's,

1056
01:14:02,024 --> 01:14:05,587
it. It has mainly been PayPal, but we later added

1057
01:14:05,727 --> 01:14:09,530
Stripe for international payments, you know, so for credit cards.

1058
01:14:10,110 --> 01:14:14,833
And it has worked incredibly well. incredibly well. And it

1059
01:14:14,873 --> 01:14:20,097
continues to work from all over the world. The only

1060
01:14:20,237 --> 01:14:22,899
problem we had, that's why we added Stripe, is because

1061
01:14:23,079 --> 01:14:28,462
some people just couldn't use PayPal, notably from India. but

1062
01:14:28,523 --> 01:14:30,864
some other countries as well. And so we added Stripe

1063
01:14:31,044 --> 01:14:32,825
and they can, you know, there's a whole bunch of

1064
01:14:32,926 --> 01:14:36,068
options that you can use Stripe for. And it works

1065
01:14:36,148 --> 01:14:38,990
well. It really works. I would love for it to

1066
01:14:39,050 --> 01:14:45,034
be easier. The same problem that we have with Lightning

1067
01:14:45,574 --> 01:14:49,377
exists in that world where we have people sending a

1068
01:14:49,437 --> 01:14:53,479
payment through PayPal. And then they have to, because PayPal

1069
01:14:53,580 --> 01:14:57,582
is so lame. with the note that you can attach

1070
01:14:57,682 --> 01:15:00,604
to it, which some people don't even see, it doesn't

1071
01:15:00,624 --> 01:15:04,267
even surface sometimes, the field you can put a note

1072
01:15:04,387 --> 01:15:09,430
in, then they're separately sending an email to noagendedonations.com, and

1073
01:15:09,470 --> 01:15:12,512
then those have to be reconciled. It's a horrible, horrible

1074
01:15:12,593 --> 01:15:18,056
system. So if we could put our energy. into connecting

1075
01:15:18,136 --> 01:15:21,579
those two, I call it the boost and the boost-o-gram

1076
01:15:21,659 --> 01:15:24,361
through the funding tag, I think we would have something.

1077
01:15:24,801 --> 01:15:27,022
Just forget the streaming payments. Streaming payments is just not

1078
01:15:27,062 --> 01:15:30,625
going to work. It's over. I think you're right. I

1079
01:15:30,685 --> 01:15:35,348
think it's done. And connecting those two. You know, something

1080
01:15:35,408 --> 01:15:38,310
really interesting has happened in the past two years on

1081
01:15:38,390 --> 01:15:41,412
No Agenda with Value for Value, which I want people

1082
01:15:41,492 --> 01:15:44,755
who are chasing advertising dollars, I want you to think

1083
01:15:44,855 --> 01:15:51,099
about this. So 60% of our income is people who

1084
01:15:51,159 --> 01:15:55,061
send us under $50 per show or per month or

1085
01:15:55,142 --> 01:15:59,685
whatever. Um, and you know, it's like. People set it

1086
01:15:59,745 --> 01:16:03,187
and forget it and it's $3 or it's $5, 11,

1087
01:16:03,267 --> 01:16:07,370
11, 12, 12, 33, 33. You know, numerology has always

1088
01:16:07,390 --> 01:16:12,013
been important. And then above the line, we have, you

1089
01:16:12,013 --> 01:16:15,055
know, $200 or more and $300 or more. Those are

1090
01:16:15,075 --> 01:16:16,916
kind of two levels that we have. And we give

1091
01:16:16,956 --> 01:16:20,359
you like a associate executive producer credit, which is real.

1092
01:16:21,540 --> 01:16:25,482
You can go to IMDB, you'll see. And $300 or

1093
01:16:25,662 --> 01:16:28,144
more. And what has happened over the past year and

1094
01:16:28,144 --> 01:16:30,065
a half, and it really started with a lady named

1095
01:16:30,145 --> 01:16:32,907
Linda Lou Patkin. Have you ever heard of her? I've

1096
01:16:32,927 --> 01:16:37,350
heard you mention her. Yes. And Linda Lou Patkin. And

1097
01:16:37,410 --> 01:16:42,354
these are all individual, small, small people. She has a

1098
01:16:42,414 --> 01:16:46,036
service called Image Makers Inc. Image Makers Inc. with a

1099
01:16:46,076 --> 01:16:50,840
K. And she started sending $200 every single show. So

1100
01:16:50,920 --> 01:16:55,783
that's $1,600 a month. And it's always the same message.

1101
01:16:55,823 --> 01:16:58,145
Your resume has about 10 seconds to make an impression

1102
01:16:58,245 --> 01:17:00,426
and most don't. For a resume that gets results, go

1103
01:17:00,506 --> 01:17:04,689
to ImageMakersInc.com. Linda helps professionals and executives position their experience

1104
01:17:04,729 --> 01:17:07,651
so employers see their value. That's ImageMakersInc with a K.

1105
01:17:07,851 --> 01:17:10,073
And Linda Liu, Duchess of Jobs and writer of winning

1106
01:17:10,113 --> 01:17:13,875
resumes. And it must be working for her, for her

1107
01:17:13,915 --> 01:17:17,678
to spend $1,600 a month on a podcast. And then

1108
01:17:17,858 --> 01:17:19,959
more people started doing this. And these are all small

1109
01:17:20,019 --> 01:17:24,843
businesses. Gigawattcoffeeroasters.com, Eli the coffee guy. And then we have

1110
01:17:24,903 --> 01:17:31,427
ManukaGold.com who have honey and they send $333.33. Something must

1111
01:17:31,507 --> 01:17:35,550
be working for them. But what I find interesting... is

1112
01:17:35,630 --> 01:17:37,812
that I don't have to have a meeting with them.

1113
01:17:38,592 --> 01:17:43,576
I don't have to... approved ad copy. I can laugh

1114
01:17:43,676 --> 01:17:46,377
at them, but I can say, oh, this is a

1115
01:17:46,397 --> 01:17:48,699
great product, or I've never tried this. I don't trust

1116
01:17:48,819 --> 01:17:58,045
it. Like the guy from... UnblockMeVPN.com? I have no, and

1117
01:17:58,105 --> 01:17:59,887
if they don't like it, they don't have to support

1118
01:17:59,907 --> 01:18:03,089
the show. They can go away. I don't care. But

1119
01:18:03,109 --> 01:18:06,831
more and more have come in. And when you look

1120
01:18:06,991 --> 01:18:10,814
at it, it starts to become really attractive in a

1121
01:18:10,914 --> 01:18:16,258
way that... is not advertising. Because we also have people

1122
01:18:16,278 --> 01:18:17,999
who say, hey, could you put a link to my

1123
01:18:18,079 --> 01:18:23,543
GoFundMe? My wife needs a kidney. You know, that literally

1124
01:18:23,603 --> 01:18:27,265
happened yesterday. That's a podcast ad right there. Literally happened.

1125
01:18:27,525 --> 01:18:31,948
Yes. Sir Dan the man. And, you know, and there's

1126
01:18:32,009 --> 01:18:37,872
something about this model that is really attractive. And no

1127
01:18:37,993 --> 01:18:43,496
one complains about it because we even have... cross-promotion. So

1128
01:18:43,596 --> 01:18:47,239
Manuka Gold said... Keep fighting the good fight from Manuka

1129
01:18:47,299 --> 01:18:49,420
Gold, and thank you for the nice feedback on Sunday.

1130
01:18:49,460 --> 01:18:51,902
We just placed an order with gigawatt coffee roasters. I

1131
01:18:51,982 --> 01:18:55,565
mean, there's like this whole thing going on. And what

1132
01:18:55,585 --> 01:18:58,987
this comes down to for me with podcasting, for people

1133
01:18:59,127 --> 01:19:03,410
who want to make a living in podcasting. The whole

1134
01:19:03,510 --> 01:19:08,433
idea of grow your show, get more downloads. No. Build

1135
01:19:08,493 --> 01:19:13,077
a community. Build a community and you will be supported

1136
01:19:13,157 --> 01:19:17,840
forever. Yeah, I agree with that 100%. Build a community.

1137
01:19:18,520 --> 01:19:23,023
That is the trick. That is the absolute key to

1138
01:19:23,083 --> 01:19:26,686
a successful podcast. No matter what you're doing, no matter

1139
01:19:26,726 --> 01:19:30,849
what you want, build a community and you will have

1140
01:19:30,889 --> 01:19:33,570
success in your venture. And you can pretty much determine

1141
01:19:33,610 --> 01:19:37,753
that success for yourself. And all the big, even the

1142
01:19:37,773 --> 01:19:41,456
big YouTubers and people like that, they have a community.

1143
01:19:41,556 --> 01:19:46,840
They really do. Their problem is they're very vulnerable because

1144
01:19:46,859 --> 01:19:49,822
they're on someone else's platform. Well, I think that's what

1145
01:19:49,902 --> 01:19:51,943
True Fans is trying to do, is trying to build

1146
01:19:52,043 --> 01:19:55,185
community. Yes. I mean, that's the whole point. And I

1147
01:19:55,285 --> 01:19:59,828
would say. Why not focus on the funding tag?

1148
01:20:00,060 --> 01:20:03,502
and put a big donate button or give or whatever,

1149
01:20:03,602 --> 01:20:06,264
or the funding tag actually has an option for you

1150
01:20:06,324 --> 01:20:09,346
to put the words in there that you want. and

1151
01:20:09,406 --> 01:20:12,488
have that surface in the app. And if we can

1152
01:20:12,588 --> 01:20:15,130
tie together a message with a payment, and I have

1153
01:20:15,230 --> 01:20:17,671
no idea how to do that, you know, but I

1154
01:20:17,772 --> 01:20:20,914
know that you can have a button that fires up

1155
01:20:21,014 --> 01:20:24,276
Apple Pay if you're on Apple or files up Google

1156
01:20:24,316 --> 01:20:28,779
Pay. I know that exists. I was just... No, you're

1157
01:20:28,779 --> 01:20:33,783
right, Eric. Platforms don't build communities, but content does. I

1158
01:20:33,843 --> 01:20:38,166
mean, like, it's humans build communities. And that, just to

1159
01:20:38,426 --> 01:20:40,887
close the loop... But platforms can facilitate it. They can

1160
01:20:40,967 --> 01:20:44,110
help. Yes. Just to close the loop, there's where I'm

1161
01:20:44,170 --> 01:20:49,813
in agreement with you. A robot with text-to-speech cannot build

1162
01:20:49,913 --> 01:21:00,981
a community. I just don't know what... I'm just not

1163
01:21:01,101 --> 01:21:07,565
sure what... Did you hear that? What was that? Was

1164
01:21:07,606 --> 01:21:11,208
that a lightning? A thunder? Yes. That outside your house?

1165
01:21:11,348 --> 01:21:15,451
Wow. Yeah, wow. That must have been very close. Holy

1166
01:21:15,491 --> 01:21:20,734
cow. That was kind of scary. I'm just not sure

1167
01:21:20,795 --> 01:21:25,738
that there is a way forward. With lightning. No. I

1168
01:21:25,778 --> 01:21:28,160
just need your response to Bemrose for a second. He

1169
01:21:28,200 --> 01:21:31,282
says, build your community and occasionally jettison parts of it

1170
01:21:31,342 --> 01:21:34,424
like no authority. Yeah, I don't like Jew haters, okay?

1171
01:21:34,864 --> 01:21:38,887
I don't like memes about Jews with big noses and

1172
01:21:38,927 --> 01:21:42,429
little tiny Jew hats and Jew, Jew, Jew, Jew. Yeah,

1173
01:21:42,649 --> 01:21:44,010
I don't like that. I don't have to be a

1174
01:21:44,050 --> 01:21:46,732
part of that. And I didn't jettison them. They left.

1175
01:21:49,854 --> 01:21:53,557
I just... I just don't see a way forward. And

1176
01:21:53,597 --> 01:21:57,900
especially like, so we, we had some, we had a,

1177
01:21:58,720 --> 01:22:02,083
a supporter cancel, cancel a $200 a month PayPal recently.

1178
01:22:02,803 --> 01:22:05,965
And so. Essentially, I'm looking at, and there goes the

1179
01:22:06,025 --> 01:22:09,648
node. I mean, like, I just don't, I don't, so

1180
01:22:09,948 --> 01:22:11,549
if you do the math on that, I mean, that's...

1181
01:22:12,550 --> 01:22:17,433
That's like... I mean, that's like. It's nearly three grand

1182
01:22:17,473 --> 01:22:20,855
a year for a node. That we don't make that

1183
01:22:20,936 --> 01:22:23,757
we that doesn't cover it doesn't even come close to

1184
01:22:23,837 --> 01:22:26,159
covering its cost and I and I'm paying for it

1185
01:22:26,179 --> 01:22:29,541
I didn't even realize it And so I'm just saying

1186
01:22:29,641 --> 01:22:32,604
we have to figure out what to do. I don't

1187
01:22:32,623 --> 01:22:34,545
see how do we keep it online. I don't see

1188
01:22:34,565 --> 01:22:38,688
how it works. I don't see it either. And honestly,

1189
01:22:38,908 --> 01:22:43,691
and this node is virtually unusable anyway. Yeah, you can't

1190
01:22:43,711 --> 01:22:46,853
tie anything into it. It's so big, everything breaks and

1191
01:22:46,933 --> 01:22:50,916
falls apart. It breaks constantly. Like, you can't even, it

1192
01:22:50,976 --> 01:22:54,959
takes 10 hours just to reboot it. And this is

1193
01:22:54,999 --> 01:22:57,721
another way in which this thing is... I just don't...

1194
01:22:58,341 --> 01:23:01,143
It just feels like a failure. Well, it is. And,

1195
01:23:01,303 --> 01:23:06,086
you know, we, as a part of... noagendadonations.com we have

1196
01:23:06,166 --> 01:23:08,688
two big qr codes send your money through lightning or

1197
01:23:08,728 --> 01:23:11,510
through bitcoin And we get about one or two a

1198
01:23:11,550 --> 01:23:19,095
month. Yeah. That's it. So it's as, as, as it's

1199
01:23:19,135 --> 01:23:23,078
just not for podcasting. It just hasn't, it hasn't panned

1200
01:23:23,158 --> 01:23:27,301
out and I don't mind shutting it down. I mean,

1201
01:23:27,361 --> 01:23:32,424
it doesn't mean everybody has to follow suit. But it's

1202
01:23:32,484 --> 01:23:38,228
not making business sense for us. No. It doesn't because

1203
01:23:39,989 --> 01:23:43,932
if what – I've been seeing the numbers. in the

1204
01:23:43,952 --> 01:23:47,454
back of my head. Like, as I've seen emails come

1205
01:23:47,515 --> 01:23:49,256
through and all these kinds of things, but I've just

1206
01:23:49,296 --> 01:23:53,959
sort of, like, been putting off and ignoring. it and

1207
01:23:54,119 --> 01:23:58,242
thinking we'll have to deal with this someday. And I

1208
01:23:58,302 --> 01:24:01,984
think that day came. That day is now. That day

1209
01:24:02,044 --> 01:24:09,309
is now because. like It's no longer, this is not

1210
01:24:09,409 --> 01:24:11,711
an issue where this is going to come back. No.

1211
01:24:13,552 --> 01:24:16,294
I mean, what we're seeing now, this is the reality

1212
01:24:16,434 --> 01:24:22,779
of it. And this is not. Like... I think some...

1213
01:24:26,081 --> 01:24:30,204
Albie's doing their thing. you know i i don't know

1214
01:24:30,324 --> 01:24:33,426
what their market looks like i'm not sure what they

1215
01:24:33,506 --> 01:24:43,233
do Fountain. is is an ecosystem that makes since and

1216
01:24:43,273 --> 01:24:48,776
seems to be doing pretty well. But our dream of

1217
01:24:48,856 --> 01:24:53,540
making lightning be sort of the currency of podcasting. No,

1218
01:24:54,260 --> 01:24:59,003
I think that's failed. I agree. And for me, the

1219
01:24:59,083 --> 01:25:02,926
writing was on the wall. with who was a little

1220
01:25:02,966 --> 01:25:09,931
hit girl, Ashley. Ainsley. Ainsley. Mm-hmm. And her parents, they

1221
01:25:09,991 --> 01:25:13,533
were so, they tried so hard to make it work.

1222
01:25:13,613 --> 01:25:19,517
They really, really tried so hard. And Julie and Ben.

1223
01:25:19,998 --> 01:25:23,260
No, not you. No, no, no, no. They really tried

1224
01:25:23,360 --> 01:25:25,762
so hard to do it. And I, and I was

1225
01:25:25,802 --> 01:25:28,604
there with them. You know, I did the concert. Yes.

1226
01:25:28,824 --> 01:25:33,447
Did, did what I could. But even there, the whole

1227
01:25:33,647 --> 01:25:38,630
sovereign Bitcoin thing, this ripped everything apart. I'm not saying

1228
01:25:38,670 --> 01:25:40,952
anyone was right or anyone was wrong, but it was

1229
01:25:41,032 --> 01:25:46,055
too complicated. One of the funnest experiences of my... of

1230
01:25:46,175 --> 01:25:51,039
my adult life was going to Nashville. And being a

1231
01:25:51,079 --> 01:25:57,323
part of that Bitcoin conference concert where... you know, where

1232
01:25:57,883 --> 01:26:03,147
me and Dovidas and Eric PP were like... try setting

1233
01:26:03,187 --> 01:26:08,391
up NGINX reverse proxies to get Boostergram Ball to work

1234
01:26:08,691 --> 01:26:12,914
at the last second. It was great. That was so

1235
01:26:13,074 --> 01:26:19,658
much fun. It just sucks, man. Yeah. It just sucks.

1236
01:26:22,140 --> 01:26:24,962
And I see, and I see the. Some of this

1237
01:26:25,002 --> 01:26:29,265
is sour grapes because I see that also the Bitcoin

1238
01:26:29,705 --> 01:26:35,789
maxi world went all in with people like Jack Dorsey.

1239
01:26:36,710 --> 01:26:40,552
Yeah. And they had some hero worship going on with

1240
01:26:40,573 --> 01:26:43,615
Jack Dorsey and Jack Maulers. And these guys are phony.

1241
01:26:44,555 --> 01:26:49,539
you I mean, Jack Dorsey fired half his company because

1242
01:26:49,619 --> 01:26:53,561
AI or whatever. Yeah, right. Bull crap. Bull crap. I

1243
01:26:53,621 --> 01:26:56,403
mean, this is the guy that you look up to?

1244
01:26:56,463 --> 01:27:01,627
I mean, come on. I just think that, like, I

1245
01:27:01,707 --> 01:27:04,429
think you're right. I think that the people, I think

1246
01:27:04,509 --> 01:27:08,512
that lightning went through, it started off as a great

1247
01:27:08,612 --> 01:27:13,775
idea and immediately got captured. Mm-hmm. Very quickly, yeah. By

1248
01:27:13,895 --> 01:27:17,217
investment money and venture capital and these kinds of things,

1249
01:27:17,478 --> 01:27:23,362
and they killed it. Yeah. I killed it. So. Can

1250
01:27:23,442 --> 01:27:26,824
we focus our energy on the funding tag? I would

1251
01:27:26,844 --> 01:27:30,867
love to. Me too. Me too. And I don't know

1252
01:27:30,907 --> 01:27:32,568
how to shut our node down. I don't know what

1253
01:27:32,588 --> 01:27:36,891
to do. I have no clue. I'll have to look

1254
01:27:37,011 --> 01:27:40,353
into it. I have no clue. It seems like you've

1255
01:27:40,433 --> 01:27:44,496
got to close channels and that'll be an interesting exercise.

1256
01:27:45,237 --> 01:27:47,038
Yeah, I mean, how many weeks is that going to

1257
01:27:47,078 --> 01:27:51,501
take to close channels down? I don't know. I don't

1258
01:27:51,641 --> 01:27:56,104
know. But no, I think funding tag is... You know,

1259
01:27:56,544 --> 01:28:03,309
what a great experience in built-in support. Because what our

1260
01:28:03,369 --> 01:28:06,591
dream was with Lightning was to make it where you

1261
01:28:06,631 --> 01:28:09,093
could hit a button in the app and send money.

1262
01:28:09,273 --> 01:28:15,537
Right away, yeah. right away. And Funding Tag can do

1263
01:28:15,637 --> 01:28:20,120
that, just not streaming payments. And not sovereign. The perfect

1264
01:28:20,261 --> 01:28:24,684
use case, to me, one of the most beautiful build-outs

1265
01:28:24,744 --> 01:28:29,487
of this. is what Buzzsprout does. I don't know if

1266
01:28:29,507 --> 01:28:33,049
you've used Buzzsprout's thing. So if you host on Buzzsprout,

1267
01:28:33,870 --> 01:28:38,493
You get access to, I think it's like Buzzsprout payments.

1268
01:28:38,713 --> 01:28:41,895
I forgot what they call it. But they build a

1269
01:28:41,955 --> 01:28:44,677
payment portal for you and they stick it in the

1270
01:28:44,737 --> 01:28:47,619
funding tag. And so when you tap on the funding

1271
01:28:47,679 --> 01:28:51,142
tag inside your podcast app that supports it, it opens

1272
01:28:51,222 --> 01:28:54,484
up a web view sheet of their payment portal page.

1273
01:28:54,544 --> 01:28:58,487
And you've got Apple Pay, credit card. You can just

1274
01:28:58,907 --> 01:29:01,389
PayPal. All your stuff is right there and they can

1275
01:29:01,429 --> 01:29:03,550
just send it to you and it goes. and it

1276
01:29:03,570 --> 01:29:09,034
goes into your Buzzsprout account. Like it's, it's like a

1277
01:29:09,214 --> 01:29:12,716
fully baked in payment portal with all these options right

1278
01:29:12,776 --> 01:29:15,238
in the, and it shows up right in the app.

1279
01:29:16,279 --> 01:29:19,721
It's a great experience. And if, if somebody, if other

1280
01:29:20,061 --> 01:29:23,404
hosting companies would do that sort of thing, or if

1281
01:29:23,464 --> 01:29:26,826
there was a third party, even something like pod page.

1282
01:29:28,247 --> 01:29:32,190
that would do that sort of thing. That would be

1283
01:29:32,210 --> 01:29:37,113
a cool solution. Just give all the little payment buttons

1284
01:29:37,173 --> 01:29:39,635
right there and people can just tap it and shoot

1285
01:29:39,695 --> 01:29:43,637
you some money. Yeah. Speaking of that. We could use

1286
01:29:43,697 --> 01:29:48,200
some. Yeah, for real. Do we have, I'm sure we

1287
01:29:48,261 --> 01:29:52,023
have PayPal people to thank. We do. Lots of them,

1288
01:29:52,063 --> 01:29:56,006
yeah. Because we have two weeks of them. Let me

1289
01:29:56,086 --> 01:29:58,127
see if we got- I did hear a couple of

1290
01:29:58,187 --> 01:29:59,908
Boostergrams come in while we were talking.

1291
01:30:01,360 --> 01:30:05,723
Uh, 555 from Salty Crayon. He says, if y'all ever

1292
01:30:05,803 --> 01:30:07,665
shut down the index node, can we get a heads

1293
01:30:07,765 --> 01:30:11,227
up? Mutual close? We would never just yank it. We're

1294
01:30:11,247 --> 01:30:15,710
not rug pullers. Oh, yeah, for sure. Yeah. We don't

1295
01:30:15,750 --> 01:30:18,612
even know how to do it. No. We have no

1296
01:30:18,772 --> 01:30:23,355
idea. We've got 2222 from Salty Crayon. Welcome back. And

1297
01:30:23,415 --> 01:30:27,618
EricPP2222. That's exactly what we got for this episode while

1298
01:30:27,638 --> 01:30:32,442
we were live. Uh, we got a bunch of PayPal's.

1299
01:30:32,962 --> 01:30:37,245
We got three weeks of them. Jorge Hernandez, five, $5.

1300
01:30:37,665 --> 01:30:39,146
Bear with me. It's going to be a long list.

1301
01:30:39,206 --> 01:30:46,831
Uh, Michael Goggin, $5. Cone Glossbach. $5. Christopher Reamer, $10.

1302
01:30:47,052 --> 01:30:50,654
Let's see. I need to scrunch this down a little

1303
01:30:50,714 --> 01:30:54,397
bit. Hey, okay, I scrunched. You scrunched. Are you a

1304
01:30:54,497 --> 01:31:02,562
folder or a scruncher? I'm a squeezer. you Randall Black.

1305
01:31:03,663 --> 01:31:07,946
Five dollars. What I do is I put... keep the

1306
01:31:08,006 --> 01:31:11,508
tube perfectly intact as it came out of the box

1307
01:31:12,269 --> 01:31:15,211
but then you you put your you hold the very

1308
01:31:15,331 --> 01:31:16,972
tip of the bottom of the tube and then you

1309
01:31:17,112 --> 01:31:20,234
take your your other hand and run your fingers up

1310
01:31:20,334 --> 01:31:24,237
the side of the tube bottom to top you kind

1311
01:31:24,277 --> 01:31:27,999
of stroke up the side towards the towards the outlet

1312
01:31:28,180 --> 01:31:31,042
okay okay you do that on the right side then

1313
01:31:31,102 --> 01:31:32,843
you go back and you and you do that you

1314
01:31:32,983 --> 01:31:34,984
cover up the left side and you you start at

1315
01:31:35,004 --> 01:31:37,566
the bottom again and you stroke up the left side

1316
01:31:38,266 --> 01:31:41,589
towards the out towards the outlet And then you keep,

1317
01:31:41,689 --> 01:31:43,610
and then you work your way towards the middle. I

1318
01:31:43,650 --> 01:31:45,652
don't even know what you're talking about at this point.

1319
01:31:47,753 --> 01:31:52,256
Because as the toothpaste gets low, you end up with

1320
01:31:52,316 --> 01:31:54,938
some down at the bottom. This kind of in the

1321
01:31:54,998 --> 01:31:57,860
little, you know, this trapped in the bottom where the

1322
01:31:58,400 --> 01:32:01,002
tube has already been squeezed. So you have to... you

1323
01:32:01,042 --> 01:32:03,484
have to kind of like work your way up from

1324
01:32:03,564 --> 01:32:07,707
the bottom of the tube to the top in order

1325
01:32:07,747 --> 01:32:14,631
to get the toothpaste to squirt out the top. Randall

1326
01:32:14,671 --> 01:32:21,336
Black, $5. Yeah, thank you, Randall. Drebscott, $15. Chris Bernard

1327
01:32:21,376 --> 01:32:29,521
at $5. Michael Kimmerer, $5.33. Nice. Charles Hicks, $5.00. Cameron

1328
01:32:29,581 --> 01:32:35,626
Rose, $25.00. Thank you, Cameron. Appreciate that, Ralph Estep. uh

1329
01:32:36,386 --> 01:32:44,432
50 bucks. Wow. Thank you. Martin Lindeskoog. One dollar. Martin.

1330
01:32:45,012 --> 01:32:48,795
Brendan Mulligan. That's the pod page. $25. Thank you, Brendan.

1331
01:32:49,675 --> 01:32:57,200
Uh... We could not process your recurring payment. I'll skip

1332
01:32:57,240 --> 01:33:03,565
that one. Okay. Joseph Morocco, $5. Thank you, Joseph. And

1333
01:33:03,645 --> 01:33:10,169
then we have the cancellation. Bronze. Let's see. Bronze Oxen

1334
01:33:10,269 --> 01:33:13,531
Films LLC, $20. And I got a note on this

1335
01:33:13,611 --> 01:33:16,093
one. Thank you for all you do. God bless, Sir

1336
01:33:16,233 --> 01:33:21,197
Thinking Dad. Oh, thank you. Oh, yes, I got your

1337
01:33:21,277 --> 01:33:27,481
note. And I will take care of that. Yes. Lauren

1338
01:33:27,541 --> 01:33:32,865
Ball, $24.20. Mitchell Downey, that's Sir Mitch from Podverse, that's

1339
01:33:32,965 --> 01:33:38,609
$50. Thank you. Christopher Harbaric, $10. Mitch on the personal

1340
01:33:38,668 --> 01:33:41,671
side of things, $10. Thank you, Mitch. Damon Kassajak, $15.

1341
01:33:43,011 --> 01:33:48,295
Terry Keller, $5. Christopher Cowan, $5. Richard Turoksi, $10. This

1342
01:33:48,395 --> 01:33:51,157
is so wonderful. I love this. This is value for

1343
01:33:51,217 --> 01:33:54,019
value right here. This is beautiful. Yeah, it is. Paul

1344
01:33:54,079 --> 01:33:59,703
Saltzman, $22. And... 22 cents. Derek J. Visker, the best

1345
01:33:59,743 --> 01:34:05,307
name in podcasting, $21. Oh, who is this? No note.

1346
01:34:06,127 --> 01:34:08,869
but it's a one-off $10 from Jesse Hunter. Thank you,

1347
01:34:08,909 --> 01:34:13,612
Jesse. Appreciate you. Jeremy Gertz, five bucks. Now we're wrapping

1348
01:34:13,672 --> 01:34:17,615
back around here. Gene Liverman, $5. Thank you, Gene. And

1349
01:34:17,955 --> 01:34:20,757
Gene, thank you for running your uptime monitor. I appreciate

1350
01:34:20,777 --> 01:34:27,021
that. Michael Hall, $5.50. Todd Cochran, rest in peace, $30.

1351
01:34:28,402 --> 01:34:30,884
Thank you, Todd. I love that he's boosting from the

1352
01:34:30,924 --> 01:34:37,849
grave. Boosting from heaven. Timothy Voice, 10 bucks. And that's

1353
01:34:37,949 --> 01:34:43,733
it. And we got a solitary singular. Comic strip blogger,

1354
01:34:43,973 --> 01:34:49,056
25,000 sats. Ooh, nice. He said he sent two, but

1355
01:34:49,117 --> 01:34:52,699
I only found one. So... Send me the other one.

1356
01:34:52,699 --> 01:34:54,780
I'm pretty sure he sent two. I think so. He

1357
01:34:54,780 --> 01:34:57,262
sent two while we were gone. I thought he did

1358
01:34:57,302 --> 01:34:59,604
too, but I could only pull one for some reason.

1359
01:35:00,684 --> 01:35:02,986
Go send me the resend me the note from the

1360
01:35:03,066 --> 01:35:06,949
other one and I'll read it next week. Uh... Howdy,

1361
01:35:07,009 --> 01:35:10,251
Dave and Adam. Today, no promos. I just want to

1362
01:35:10,331 --> 01:35:13,333
say thank you, Dave, for giving me interview about your

1363
01:35:13,433 --> 01:35:17,236
AI tools over Zoom that I published as 56-minute long

1364
01:35:17,336 --> 01:35:23,860
video. Yo, CSBPS, Adam, you're next. Adam, listen to Yoda.

1365
01:35:24,100 --> 01:35:26,722
There is no try. Just do it. This Bitcoin gram

1366
01:35:26,822 --> 01:35:34,047
was $15.49 when sent. So back to community. I know

1367
01:35:34,167 --> 01:35:37,870
that I've built a successful community when Comics for Blogger

1368
01:35:37,950 --> 01:35:43,013
is a part of it. True. Every community needs a

1369
01:35:43,113 --> 01:35:46,796
comic strip blogger. In fact, the comic strip blogger. If

1370
01:35:46,856 --> 01:35:50,298
you don't have CSB in your community, it's not complete.

1371
01:35:50,939 --> 01:35:53,941
And I have known him longer than. Two of my

1372
01:35:54,021 --> 01:36:04,248
wives. put together. That's... That's interesting. I'm just saying. I'm

1373
01:36:04,328 --> 01:36:09,091
just saying. That means a lot. It does. In a

1374
01:36:09,151 --> 01:36:12,093
weird way, it does mean a lot. You need a

1375
01:36:12,153 --> 01:36:14,835
guy like that. You need a guy like that in

1376
01:36:14,895 --> 01:36:18,838
there. Let me throw something else out, though. I'm seeing

1377
01:36:18,858 --> 01:36:25,042
some people in the boardroom saying, Um... Talking about... You

1378
01:36:25,102 --> 01:36:36,610
know, like Cotton Gin said, RIP boosts. Think. I think

1379
01:36:36,710 --> 01:36:47,217
there is a way. Let's try to express this. There

1380
01:36:47,277 --> 01:36:56,924
are things that we have learned from this. from lightning.

1381
01:36:59,185 --> 01:37:04,709
It is not financially sustainable for the index. I mean,

1382
01:37:04,769 --> 01:37:06,890
the numbers are what they are, and I can't make

1383
01:37:06,951 --> 01:37:08,171
that stop. I can't make that change. Well, not to

1384
01:37:08,231 --> 01:37:10,073
maintain the node. It doesn't mean that we don't have

1385
01:37:10,133 --> 01:37:12,334
a node, that we won't receive it, but, you know.

1386
01:37:13,095 --> 01:37:16,557
Sure, right, right. But keeping all the. The channel's open

1387
01:37:16,637 --> 01:37:20,740
and everything. It's a heavy lift. Yeah, we'll still have

1388
01:37:20,760 --> 01:37:27,965
the Albie hub thing. Here's what I think I've learned

1389
01:37:28,325 --> 01:37:32,708
from Lightning. In general. And I don't think this means

1390
01:37:32,848 --> 01:37:35,450
boosts are dead or lightning over podcasting is dead. I

1391
01:37:35,490 --> 01:37:38,612
mean, that stuff isn't. That's not dead. There's plenty of

1392
01:37:38,672 --> 01:37:40,954
podcasts that will still do it. All of Fountain still

1393
01:37:41,014 --> 01:37:46,538
works on this technology. But... It's like you said, it's

1394
01:37:46,598 --> 01:37:50,000
just our node that is unsustainable financially. But the thing

1395
01:37:50,060 --> 01:37:57,185
that I'm. trying to You can pay us with the

1396
01:37:57,225 --> 01:38:00,347
Albie Hub. That's who's Eric PP. We still got an

1397
01:38:00,447 --> 01:38:07,051
address. All that works. so Yeah, no, nothing's being deprecated.

1398
01:38:07,072 --> 01:38:11,074
This is just, this is a one, the node, we

1399
01:38:11,174 --> 01:38:13,476
cannot afford to run the node is the problem because

1400
01:38:13,516 --> 01:38:18,519
there's not enough. stuff flowing through it because switching to

1401
01:38:18,599 --> 01:38:22,142
bolt 11 killed it yeah that's just the honest truth

1402
01:38:22,162 --> 01:38:29,587
yeah and so What I'm trying to say... is What

1403
01:38:29,667 --> 01:38:34,090
I think I've learned from Lightning... over these years is

1404
01:38:34,210 --> 01:38:40,034
that primarily Alex was right at the very beginning. It's

1405
01:38:40,054 --> 01:38:41,735
not that I ever thought he was wrong. It's just

1406
01:38:41,775 --> 01:38:46,498
that... He was more right than I think anybody realized.

1407
01:38:48,780 --> 01:38:56,545
that Separating the metadata from the payment is critical. Yeah.

1408
01:38:58,867 --> 01:39:03,830
Because what's really needed is a way to send the

1409
01:39:03,910 --> 01:39:06,592
metadata, the boost message, the sender, all those kinds of

1410
01:39:06,612 --> 01:39:11,235
things in a verifiable way that is independently verifiable apart

1411
01:39:11,375 --> 01:39:16,579
from whatever the payment process is. Because even with PayPal

1412
01:39:16,719 --> 01:39:18,860
and things like that, you have a problem where you

1413
01:39:18,940 --> 01:39:22,243
can't always fit the message. No, no. This is the

1414
01:39:22,303 --> 01:39:25,085
biggest problem. This is the biggest problem. That's a problem

1415
01:39:25,105 --> 01:39:28,347
that I would love to see solved. Yeah. It would

1416
01:39:28,387 --> 01:39:32,089
be fantastic to solve that with really with any payment

1417
01:39:32,149 --> 01:39:38,734
method. Because we have a part-time person working on consolidating

1418
01:39:38,974 --> 01:39:44,498
that data every single show. Yeah, reconciling that is a

1419
01:39:44,518 --> 01:39:48,881
huge deal. It's a nightmare. People use one email address

1420
01:39:48,921 --> 01:39:52,463
for their PayPal, a different email address for their message.

1421
01:39:52,724 --> 01:39:58,307
It's a nightmare. And, you know, like, I don't think

1422
01:39:58,427 --> 01:39:59,908
everything's going to break when...

1423
01:40:00,340 --> 01:40:02,241
we end up having to take the node offline. I

1424
01:40:02,361 --> 01:40:05,143
don't think that, I mean, if, if we take the

1425
01:40:05,203 --> 01:40:08,005
lightning node offline and everything breaks, now that is, that

1426
01:40:08,045 --> 01:40:11,226
tells you something right there. That's a condemnation of lightning.

1427
01:40:11,287 --> 01:40:14,348
If there ever was one. Yeah, exactly. If it can't

1428
01:40:14,389 --> 01:40:18,431
survive one node going offline, and then, I mean, Holy

1429
01:40:18,471 --> 01:40:24,795
cow. So And if that's the case, you can't have,

1430
01:40:25,415 --> 01:40:28,397
we're going to base all of our payment platform infrastructure,

1431
01:40:28,397 --> 01:40:32,039
decentralized payment platform infrastructure on one person losing money every

1432
01:40:32,100 --> 01:40:37,183
month. Yeah, that's not good. No. So I think. I

1433
01:40:37,283 --> 01:40:38,524
think this is just going to, we're going to have

1434
01:40:38,564 --> 01:40:40,265
to talk about this for a few weeks and just

1435
01:40:40,305 --> 01:40:42,326
figure out how to do this and all that kind

1436
01:40:42,366 --> 01:40:46,148
of stuff. But the meta, the metadata. part of it.

1437
01:40:51,352 --> 01:40:57,595
You know, that's... That's a thing. Let's pull it, Dave.

1438
01:40:57,736 --> 01:41:00,417
Let's go. We got to end this show. We got

1439
01:41:00,437 --> 01:41:02,879
to end this show. Boardroom, thank you very much. I

1440
01:41:02,959 --> 01:41:06,421
mean, I feel bittersweet today about the board meeting, but

1441
01:41:07,101 --> 01:41:10,143
we've had some real honest conversation. And no AI could

1442
01:41:10,243 --> 01:41:15,167
ever do that. Amen. Amen. And we'll be back next

1443
01:41:15,187 --> 01:41:18,629
week, I think. I'll be here. Dave, you'll be here.

1444
01:41:20,130 --> 01:41:44,165
Join us for Podcasting 2.0. to podcasting 2.0 visit podcastindex.org

1445
01:41:44,225 --> 01:41:50,669
for more information go podcasting all of that. Yes, 100%.